Cash flow BAE Systems plc

Equities

BA.

GB0002634946

Aerospace & Defense

Market Closed - London S.E. Other stock markets 16:35:14 13/06/2025 BST			5-day change	1st Jan Change
1,939.00 ^GBX	+2.86%		+0.44%	+68.83%

06-13	European shares tumble as Israel-Iran conflict escalates	RE
06-13	Stocks slide, oil jumps after Israel strikes Iran	AN

3b5169ddea6a0924.TwU-YxpSZx9QoNetDdSNaQvNXC6pYhLlkK5HRWTKYrc.KF9sDXAFAGgP-Lr3YOy_Im-aOH3IUXmx2ekfCyX-OuQARFtQbxRTWx-R5w

Published financial data: BAE SYSTEMS PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	19.28B	19.52B	21.26B	23.08B	26.31B
Total Revenues	19.28B	19.52B	21.26B	23.08B	26.31B
Cost of Goods Sold, Total	16.98B	17.02B	18.48B	20.11B	22.92B
Gross Profit	2.3B	2.5B	2.77B	2.97B	3.39B
Selling General & Admin Expenses, Total	68M	65M	37M	-41M	-18M
Depreciation & Amortization - (IS)	543M	513M	549M	564M	663M
Amortization of Goodwill and Intangible Assets - (IS)	128M	188M	215M	218M	422M
Other Operating Expenses	-154M	-107M	-109M	-133M	-147M
Other Operating Expenses, Total	585M	659M	692M	608M	920M
Operating Income	1.71B	1.84B	2.08B	2.36B	2.47B
Interest Expense, Total	-240M	-249M	-269M	-339M	-555M
Interest And Investment Income	17M	30M	35M	131M	117M
Net Interest Expenses	-223M	-219M	-234M	-208M	-438M
Income (Loss) On Equity Invest.	69M	139M	180M	208M	213M
Currency Exchange Gains (Loss)	127M	35M	-524M	210M	90M
Other Non Operating Income (Expenses)	-170M	-30M	400M	-290M	-23M
EBT, Excl. Unusual Items	1.52B	1.77B	1.9B	2.28B	2.32B
Merger & Related Restructuring Charges	-20M	-3M	-16M	-20M	-72M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	6M	-	7M	-	94M
Gain (Loss) On Sale Of Assets	41M	350M	97M	10M	-6M
Asset Writedown	-4M	-19M	-3M	-5M	-12M
Other Unusual Items	57M	13M	-	60M	13M
EBT, Incl. Unusual Items	1.6B	2.11B	1.99B	2.33B	2.33B
Income Tax Expense	225M	198M	315M	386M	291M
Earnings From Continuing Operations	1.37B	1.91B	1.67B	1.94B	2.04B
Net Income to Company	1.37B	1.91B	1.67B	1.94B	2.04B
Minority Interest	-72M	-154M	-83M	-83M	-85M
Net Income - (IS)	1.3B	1.76B	1.59B	1.86B	1.96B
Net Income to Common Incl Extra Items	1.3B	1.76B	1.59B	1.86B	1.96B
Net Income to Common Excl. Extra Items	1.3B	1.76B	1.59B	1.86B	1.96B
Per Share Items
Net EPS - Basic	0.41	0.55	0.51	0.61	0.65
Basic EPS - Continuing Operations	0.41	0.55	0.51	0.61	0.65
Basic Weighted Average Shares Outstanding	3.19B	3.19B	3.11B	3.03B	3.01B
Net EPS - Diluted	0.4	0.55	0.5	0.6	0.64
Diluted EPS - Continuing Operations	0.4	0.55	0.5	0.6	0.64
Diluted Weighted Average Shares Outstanding	3.21B	3.21B	3.15B	3.07B	3.05B
Normalized Basic EPS	0.27	0.3	0.36	0.44	0.45
Normalized Diluted EPS	0.27	0.3	0.35	0.44	0.45
Dividend Per Share	0.24	0.25	0.27	0.3	0.33
Payout Ratio	57.43	44.2	50.41	46.15	47.9
American Depositary Receipts Ratio (ADR)	4	4	4	4	4
Supplemental Items
EBITDA	2.06B	2.22B	2.52B	2.82B	3.25B
EBITA	1.75B	1.92B	2.19B	2.47B	2.81B
EBIT	1.71B	1.84B	2.08B	2.36B	2.47B
EBITDAR	2.09B	2.25B	2.55B	2.85B	3.28B
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	14.1	9.38	15.84	16.6	12.48
Current Domestic Taxes	115M	18M	116M	111M	130M
Current Foreign Taxes	118M	199M	369M	609M	-62M
Total Current Taxes	233M	217M	485M	720M	68M
Deferred Domestic Taxes	-4M	-34M	-12M	23M	11M
Deferred Foreign Taxes	-4M	15M	-158M	-357M	212M
Total Deferred Taxes	-8M	-19M	-170M	-334M	223M
Normalized Net Income	876M	952M	1.11B	1.34B	1.36B
Interest on Long-Term Debt	44M	43M	48M	53M	73M
Non-Cash Pension Expense	26M	88M	47M	-1M	-2M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	1.6B	1.6B	2B	2.3B	1.9B
Net Rental Expense, Total	26M	23M	30M	30M	33M
Imputed Operating Lease Interest Expense	8.51M	6.82M	9.57M	11.9M	17.22M
Imputed Operating Lease Depreciation	17.49M	16.18M	20.43M	18.1M	15.78M
Stock-Based Comp., COGS (Total)	74M	92M	101M	110M	144M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	74M	92M	101M	110M	144M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	2.77B	2.92B	3.11B	4.07B	3.38B
Trading Asset Securities, Total	9M	8M	23M	43M	49M
Total Cash And Short Term Investments	2.78B	2.92B	3.13B	4.11B	3.43B
Accounts Receivable, Total	4.27B	3.76B	5.06B	4.66B	5.16B
Other Receivables	582M	693M	726M	711M	620M
Total Receivables	4.85B	4.45B	5.79B	5.37B	5.78B
Inventory	858M	811M	976M	1.16B	1.32B
Prepaid Expenses	646M	444M	509M	933M	1B
Other Current Assets, Total	274M	186M	229M	204M	213M
Total Current Assets	9.41B	8.82B	10.63B	11.77B	11.75B
Gross Property Plant And Equipment	7.19B	7.6B	8.72B	9.08B	11.06B
Accumulated Depreciation	-3.49B	-3.66B	-4.06B	-4.13B	-4.46B
Net Property Plant And Equipment	3.71B	3.94B	4.66B	4.95B	6.6B
Long-term Investments	546M	744M	1.03B	1.02B	849M
Goodwill	10.85B	10.91B	11.82B	11.39B	13.3B
Other Intangibles, Total	863M	769M	775M	660M	2.91B
Accounts Receivable Long-Term	70M	54M	44M	33M	126M
Deferred Tax Assets Long-Term	972M	622M	338M	609M	315M
Deferred Charges Long-Term	36M	37M	50M	53M	59M
Other Long-Term Assets, Total	1.08B	1.24B	2.11B	1.59B	2.24B
Total Assets	27.53B	27.14B	31.46B	32.06B	38.14B
Liabilities
Accounts Payable, Total	697M	697M	1.9B	2.4B	3.08B
Accrued Expenses, Total	2.66B	2.66B	2.76B	2.72B	2.96B
Short-term Borrowings	101M	-	-	-	-
Current Portion of Long-Term Debt	411M	490M	132M	790M	738M
Current Portion of Leases	236M	212M	241M	147M	183M
Current Income Taxes Payable	72M	27M	103M	285M	55M
Unearned Revenue Current, Total	3.37B	3.01B	3.99B	3.93B	4.58B
Other Current Liabilities	1.83B	1.61B	724M	680M	749M
Total Current Liabilities	9.38B	8.7B	9.85B	10.94B	12.34B
Long-Term Debt	5.14B	4.73B	5.22B	4.49B	7.74B
Long-Term Leases	1.02B	1.08B	1.38B	1.27B	1.66B
Unearned Revenue Non Current	1.21B	1.33B	1.95B	3.1B	3.01B
Pension & Other Post Retirement Benefits	4.89B	2.61B	651M	575M	503M
Deferred Tax Liability Non Current	-	77M	5M	10M	14M
Other Non Current Liabilities	959M	943M	1.01B	952M	1.1B
Total Liabilities	22.61B	19.47B	20.06B	21.34B	26.36B
Common Stock, Total	87M	85M	82M	81M	80M
Additional Paid In Capital	1.25B	1.25B	1.25B	1.25B	1.25B
Retained Earnings	-2.41B	414M	3.13B	3.02B	4.04B
Comprehensive Income and Other	5.72B	5.68B	6.75B	6.2B	6.24B
Total Common Equity	4.64B	7.44B	11.22B	10.56B	11.62B
Minority Interest	278M	232M	185M	164M	161M
Total Equity	4.92B	7.67B	11.4B	10.72B	11.78B
Total Liabilities And Equity	27.53B	27.14B	31.46B	32.06B	38.14B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.21B	3.16B	3.07B	3.03B	3B
ECS Total Common Shares Outstanding	3.21B	3.16B	3.07B	3.03B	3B
Book Value / Share	1.45	2.35	3.65	3.49	3.87
Tangible Book Value	-7.07B	-4.24B	-1.38B	-1.49B	-4.59B
Tangible Book Value Per Share	-2.2	-1.34	-0.45	-0.49	-1.53
Total Debt	6.91B	6.52B	6.97B	6.7B	10.32B
Net Debt	4.13B	3.59B	3.84B	2.59B	6.89B
Debt Equivalent of Unfunded Proj. Benefit Obligation	4.91B	2.35B	-1.41B	-683M	-1.1B
Debt Equivalent Oper. Leases	208M	184M	240M	240M	264M
Minority Interest, Total (Incl. Fin. Div)	278M	232M	185M	164M	161M
Equity Method Investments, Total	409M	554M	787M	832M	823M
Account Code - Inventory Valuation	3	3	3	3	6
Inventories - Raw Materials, Total	459M	432M	535M	646M	746M
Inventories - Work In Process, Total	320M	312M	372M	437M	471M
Inventories - Finished Goods, Total	79M	67M	69M	73M	107M
Land - (BS)	2.06B	2.36B	2.62B	2.68B	3.67B
Machinery, Total	3.35B	3.48B	3.83B	3.94B	4.4B
Full Time Employees	89.6K	90.5K	93.1K	99.8K	107K
Accumulated Allowance for Doubtful Accounts (Supple)	36M	15M	20M	20M	19M
Order Backlog	45.2B	44B	58.9B	69.8B	77.8B

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	1.3B	1.76B	1.59B	1.86B	1.96B
Depreciation & Amortization - CF	543M	513M	549M	564M	663M
Amortization of Goodwill and Intangible Assets - (CF)	37M	81M	107M	111M	334M
Depreciation & Amortization, Total	580M	594M	656M	675M	997M
Amortization of Deferred Charges, Total - (CF)	91M	107M	108M	107M	88M
(Gain) Loss From Sale Of Asset	-41M	-350M	-96M	-10M	6M
(Gain) Loss on Sale of Investments - (CF)	152M	29M	-403M	267M	-88M
Asset Writedown & Restructuring Costs	4M	19M	3M	5M	12M
(Income) Loss On Equity Investments - (CF)	-69M	-139M	-180M	-208M	-213M
Stock-Based Compensation (CF)	74M	92M	101M	110M	144M
Other Operating Activities, Total	-1.23B	268M	736M	-168M	278M
Change In Accounts Receivable	-	610M	-1.07B	-287M	-121M
Change In Inventories	24M	54M	-93M	-223M	-144M
Change In Accounts Payable	122M	-615M	1.48B	1.64B	1.01B
Change in Other Net Operating Assets	162M	20M	-	-	-
Cash from Operations	1.17B	2.45B	2.84B	3.76B	3.92B
Capital Expenditure	-385M	-366M	-599M	-826M	-990M
Sale of Property, Plant, and Equipment	68M	271M	18M	19M	23M
Cash Acquisitions	-1.71B	-30M	-162M	-14M	-4.78B
Divestitures	5M	215M	124M	-8M	194M
Sale (Purchase) of Intangible assets	-92M	-96M	-94M	-131M	-173M
Investment in Marketable and Equity Securities, Total	17M	-18M	-1M	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	10M	10M	9M	10M	12M
Other Investing Activities, Total	46M	80M	283M	409M	441M
Cash from Investing	-2.04B	66M	-422M	-541M	-5.27B
Long-Term Debt Issued, Total	2.67B	-	-	162M	6.93B
Total Debt Issued	2.67B	-	-	162M	6.93B
Long-Term Debt Repaid, Total	-742M	-584M	-636M	-292M	-3.98B
Total Debt Repaid	-742M	-584M	-636M	-292M	-3.98B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-368M	-788M	-561M	-555M
Common Dividends Paid	-746M	-777M	-802M	-857M	-937M
Common & Preferred Stock Dividends Paid	-746M	-777M	-802M	-857M	-937M
Other Financing Activities, Total	-205M	-527M	-107M	-640M	-762M
Cash from Financing	973M	-2.26B	-2.33B	-2.19B	695M
Foreign Exchange Rate Adjustments	-22M	-7M	106M	-71M	-40M
Net Change in Cash	80M	250M	190M	960M	-689M
Supplemental Items
Cash Interest Paid	227M	247M	269M	356M	543M
Cash Income Tax Paid (Refund)	251M	234M	365M	395M	175M
Levered Free Cash Flow	1.38B	1.42B	1.17B	1.57B	2.02B
Unlevered Free Cash Flow	1.53B	1.58B	1.34B	1.78B	2.36B
Change In Net Working Capital	-196M	-95M	132M	-374M	-752M
Net Debt Issued / Repaid	1.92B	-584M	-636M	-130M	2.95B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.03	4.22	4.44	4.65	4.4
Return on Total Capital	9.66	8.86	7.99	8.24	7.82
Return On Equity %	26.28	30.38	17.56	17.54	18.14
Return on Common Equity	25.85	29.11	17.06	17.06	17.64
Margin Analysis
Gross Profit Margin %	11.92	12.82	13.05	12.86	12.9
SG&A Margin	0.35	0.33	0.17	-0.18	-0.07
EBITDA Margin %	10.69	11.39	11.86	12.23	12.36
EBITA Margin %	9.08	9.86	10.3	10.71	10.67
EBIT Margin %	8.89	9.45	9.79	10.23	9.4
Income From Continuing Operations Margin %	7.11	9.79	7.87	8.41	7.76
Net Income Margin %	6.74	9.01	7.48	8.05	7.43
Net Avail. For Common Margin %	6.74	9.01	7.48	8.05	7.43
Normalized Net Income Margin	4.54	4.87	5.21	5.82	5.18
Levered Free Cash Flow Margin	7.18	7.29	5.52	6.81	7.66
Unlevered Free Cash Flow Margin	7.96	8.09	6.31	7.73	8.98
Asset Turnover
Asset Turnover	0.73	0.71	0.73	0.73	0.75
Fixed Assets Turnover	5.29	5.1	4.94	4.8	4.56
Receivables Turnover (Average Receivables)	4.6	4.86	4.82	4.75	5.36
Inventory Turnover (Average Inventory)	20.06	20.39	20.69	18.86	18.48
Short Term Liquidity
Current Ratio	1	1.01	1.08	1.08	0.95
Quick Ratio	0.81	0.85	0.91	0.87	0.75
Operating Cash Flow to Current Liabilities	0.12	0.28	0.29	0.34	0.32
Days Sales Outstanding (Average Receivables)	79.61	75.05	75.75	76.89	68.32
Days Outstanding Inventory (Average Inventory)	18.25	17.9	17.64	19.35	19.8
Average Days Payable Outstanding	14.77	14.99	34.45	38.68	43.45
Cash Conversion Cycle (Average Days)	83.09	77.96	58.94	57.56	44.68
Long Term Solvency
Total Debt/Equity	140.44	85.02	61.16	62.47	87.59
Total Debt / Total Capital	58.41	45.95	37.95	38.45	46.69
LT Debt/Equity	125.24	75.86	57.89	53.73	79.77
Long-Term Debt / Total Capital	52.09	41	35.92	33.07	42.52
Total Liabilities / Total Assets	82.12	71.74	63.77	66.56	69.12
EBIT / Interest Expense	7.14	7.41	7.74	6.96	4.46
EBITDA / Interest Expense	9.55	9.79	10.18	8.96	6.25
(EBITDA - Capex) / Interest Expense	7.95	8.32	7.95	6.52	4.47
Total Debt / EBITDA	3.01	2.67	2.55	2.21	2.97
Net Debt / EBITDA	1.8	1.47	1.4	0.85	1.99
Total Debt / (EBITDA - Capex)	3.62	3.15	3.26	3.03	4.16
Net Debt / (EBITDA - Capex)	2.17	1.73	1.8	1.17	2.78
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	5.31	1.27	8.9	8.56	14.01
Gross Profit, 1 Yr. Growth %	1.91	8.92	10.83	7.03	14.28
EBITDA, 1 Yr. Growth %	5.96	7.91	13.35	11.94	15.2
EBITA, 1 Yr. Growth %	6	10	13.71	12.93	13.55
EBIT, 1 Yr. Growth %	4.01	7.65	12.91	13.4	4.74
Earnings From Cont. Operations, 1 Yr. Growth %	-10.51	39.46	-12.45	15.89	5.21
Net Income, 1 Yr. Growth %	-11.99	35.33	-9.5	16.72	5.33
Normalized Net Income, 1 Yr. Growth %	-10.57	8.7	16.33	21.28	1.43
Diluted EPS Before Extra, 1 Yr. Growth %	-12.15	35.06	-7.68	19.6	6.13
Accounts Receivable, 1 Yr. Growth %	3.69	-11.95	34.72	-8	10.84
Inventory, 1 Yr. Growth %	2.75	-5.48	20.35	18.44	14.53
Net Property, Plant and Equip., 1 Yr. Growth %	3.72	6.34	18.18	6.14	33.4
Total Assets, 1 Yr. Growth %	7.41	-1.43	15.95	1.91	18.96
Tangible Book Value, 1 Yr. Growth %	43.33	-39.95	-67.5	7.83	208.47
Common Equity, 1 Yr. Growth %	-14.13	60.16	50.82	-5.85	10.01
Cash From Operations, 1 Yr. Growth %	-26.99	109.86	16.02	32.44	4.39
Capital Expenditures, 1 Yr. Growth %	6.94	-4.94	16.09	37.9	19.85
Levered Free Cash Flow, 1 Yr. Growth %	104.37	2.76	-7.84	34.06	28.23
Unlevered Free Cash Flow, 1 Yr. Growth %	86.16	2.86	-6.11	33.06	32.44
Dividend Per Share, 1 Yr. Growth %	2.16	5.91	7.57	11.11	10
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.05	3.27	5.01	8.73	11.25
Gross Profit, 2 Yr. CAGR %	3.99	5.36	9.87	8.91	10.6
EBITDA, 2 Yr. CAGR %	6.89	6.93	10.6	12.64	13.56
EBITA, 2 Yr. CAGR %	6.77	7.98	11.84	13.32	13.24
EBIT, 2 Yr. CAGR %	5.92	5.81	10.25	13.15	8.99
Earnings From Cont. Operations, 2 Yr. CAGR %	15.2	11.72	10.5	0.73	10.42
Net Income, 2 Yr. CAGR %	13.97	9.14	10.67	2.78	10.88
Normalized Net Income, 2 Yr. CAGR %	2.39	-1.41	12.45	18.78	10.92
Diluted EPS Before Extra, 2 Yr. CAGR %	13.93	8.93	11.67	5.08	12.66
Accounts Receivable, 2 Yr. CAGR %	5.64	-4.45	8.91	11.33	0.98
Inventory, 2 Yr. CAGR %	5.29	-1.45	6.66	19.39	16.47
Net Property, Plant and Equip., 2 Yr. CAGR %	25.21	5.02	12.1	12	18.99
Total Assets, 2 Yr. CAGR %	5.48	2.89	6.9	8.7	10.11
Tangible Book Value, 2 Yr. CAGR %	17.94	-7.23	-55.82	-40.8	82.38
Common Equity, 2 Yr. CAGR %	-8.5	17.27	55.42	19.16	1.77
Cash From Operations, 2 Yr. CAGR %	-1.43	23.78	56.04	23.96	17.58
Capital Expenditures, 2 Yr. CAGR %	3.7	0.83	24.73	26.52	28.56
Levered Free Cash Flow, 2 Yr. CAGR %	58.83	44.92	-7.95	11.16	31.12
Unlevered Free Cash Flow, 2 Yr. CAGR %	50.63	38.38	-6.51	11.77	32.75
Dividend Per Share, 2 Yr. CAGR %	3.32	4.01	6.74	9.33	10.55
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.82	5.09	5.11	6.18	10.46
Gross Profit, 3 Yr. CAGR %	1.19	5.61	7.15	8.91	10.67
EBITDA, 3 Yr. CAGR %	4.18	7.23	9.03	11.04	13.49
EBITA, 3 Yr. CAGR %	3.91	7.84	9.86	12.2	13.4
EBIT, 3 Yr. CAGR %	3.77	6.49	8.13	11.29	10.28
Earnings From Cont. Operations, 3 Yr. CAGR %	16.96	22.78	3	12.27	2.2
Net Income, 3 Yr. CAGR %	16.24	20.69	2.53	12.65	3.62
Normalized Net Income, 3 Yr. CAGR %	-0.24	4.45	4.18	15.32	12.69
Diluted EPS Before Extra, 3 Yr. CAGR %	16.07	20.58	3.09	14.25	5.43
Accounts Receivable, 3 Yr. CAGR %	9.7	-0.58	7.14	2.96	11.17
Inventory, 3 Yr. CAGR %	5.39	1.57	5.34	10.45	17.75
Net Property, Plant and Equip., 3 Yr. CAGR %	18.47	18.58	9.24	10.08	18.72
Total Assets, 3 Yr. CAGR %	6.12	3.12	7.07	5.21	12.02
Tangible Book Value, 3 Yr. CAGR %	7.82	-5.82	-34.6	-40.52	2.63
Common Equity, 3 Yr. CAGR %	-0.49	10.27	27.53	31.5	16.03
Cash From Operations, 3 Yr. CAGR %	-14.98	26.81	21.14	47.74	17.06
Capital Expenditures, 3 Yr. CAGR %	-0.34	0.74	18.5	28.98	24.26
Levered Free Cash Flow, 3 Yr. CAGR %	126.68	37.37	20.08	4.34	16.58
Unlevered Free Cash Flow, 3 Yr. CAGR %	84.31	32.64	17.61	5.16	18.28
Dividend Per Share, 3 Yr. CAGR %	2.82	4.18	5.19	8.17	9.55
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.8	1.87	4.3	6.53	7.53
Gross Profit, 5 Yr. CAGR %	6.81	3.12	4.58	6.92	8.51
EBITDA, 5 Yr. CAGR %	5.01	4.71	6.7	9.36	10.82
EBITA, 5 Yr. CAGR %	5.06	4.92	7.01	10	11.2
EBIT, 5 Yr. CAGR %	6.28	4.52	6.31	9.11	8.47
Earnings From Cont. Operations, 5 Yr. CAGR %	7.77	15.31	14.33	13.43	5.91
Net Income, 5 Yr. CAGR %	7.19	14	13.98	13.18	5.79
Normalized Net Income, 5 Yr. CAGR %	4.71	6.6	4.65	9.96	6.82
Diluted EPS Before Extra, 5 Yr. CAGR %	6.98	13.77	14.29	14.12	6.81
Accounts Receivable, 5 Yr. CAGR %	12.23	6.3	9.38	4.02	4.64
Inventory, 5 Yr. CAGR %	3.4	1.74	5.89	8.35	9.66
Net Property, Plant and Equip., 5 Yr. CAGR %	16.91	13.45	15.88	15.9	13.04
Total Assets, 5 Yr. CAGR %	6.51	3.38	6.43	5.32	8.28
Tangible Book Value, 5 Yr. CAGR %	-0.17	-11.43	-24.54	-21.79	-1.43
Common Equity, 5 Yr. CAGR %	9.21	16.68	18.94	13.74	16.53
Cash From Operations, 5 Yr. CAGR %	7.61	14.77	8.4	25.66	19.7
Capital Expenditures, 5 Yr. CAGR %	1.41	-2.15	9.02	18.2	22.42
Levered Free Cash Flow, 5 Yr. CAGR %	90.63	19.38	58.07	23.43	24.38
Unlevered Free Cash Flow, 5 Yr. CAGR %	95.04	17.1	40.48	21.41	23.45
Dividend Per Share, 5 Yr. CAGR %	2.55	3.34	4.37	6.21	7.3