Cash flow Carlsberg A/S

Equities

CARL B

DK0010181759

Brewers

Market Closed - Nasdaq Copenhagen Other stock markets 16:20:00 21/01/2026 GMT			5-day change	1st Jan Change
848.00 ^DKK	+0.43%		+1.34%	+1.53%

01-19	Carlsberg to Maintain Beer as Its Core Despite Shifting Consumption Patterns - FT	FW
01-16	Carlsberg confirms compliance with post-offer intentions for Britvic	RE

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Published financial data: CARLSBERG A/S

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	58.54B	66.63B	70.26B	73.58B	75.01B
Total Revenues	58.54B	66.63B	70.26B	73.58B	75.01B
Cost of Goods Sold, Total	30.18B	35.31B	38.2B	40.75B	40.63B
Gross Profit	28.36B	31.33B	32.07B	32.83B	34.38B
Selling General & Admin Expenses, Total	18.87B	20.93B	21.6B	22.46B	23.66B
Other Operating Expenses	254M	49M	58M	-17M	66M
Other Operating Expenses, Total	19.13B	20.98B	21.66B	22.44B	23.73B
Operating Income	9.24B	10.34B	10.4B	10.39B	10.65B
Interest Expense, Total	-495M	-509M	-540M	-776M	-1.1B
Interest And Investment Income	131M	150M	267M	441M	468M
Net Interest Expenses	-364M	-359M	-273M	-335M	-637M
Income (Loss) On Equity Invest.	315M	336M	901M	581M	616M
Currency Exchange Gains (Loss)	139M	-62M	-219M	-151M	189M
Other Non Operating Income (Expenses)	-90M	128M	-148M	-268M	-415M
EBT, Excl. Unusual Items	9.24B	10.39B	10.67B	10.21B	10.41B
Restructuring Charges	-419M	-218M	-39M	-41M	-261M
Merger & Related Restructuring Charges	-125M	-48M	-92M	-117M	-413M
Impairment of Goodwill	-	-	-700M	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	5M
Gain (Loss) On Sale Of Assets	53M	93M	79M	47M	44M
Asset Writedown	-305M	-864M	-64M	-310M	-284M
Other Unusual Items	602M	877M	111M	37M	489M
EBT, Incl. Unusual Items	9.04B	10.23B	9.96B	9.83B	9.99B
Income Tax Expense	2.23B	2.22B	1.78B	1.86B	1.98B
Earnings From Continuing Operations	6.81B	8.01B	8.18B	7.97B	8B
Earnings Of Discontinued Operations	-	-	-8.08B	-47.75B	2.26B
Net Income to Company	6.81B	8.01B	108M	-39.78B	10.26B
Minority Interest	-778M	-1.16B	-1.17B	-1.01B	-1.15B
Net Income - (IS)	6.03B	6.85B	-1.06B	-40.79B	9.12B
Net Income to Common Incl Extra Items	6.03B	6.85B	-1.06B	-40.79B	9.12B
Net Income to Common Excl. Extra Items	6.03B	6.85B	7.01B	6.96B	6.86B
Per Share Items
Net EPS - Basic	41.27	47.59	-7.6	-299.72	68.73
Basic EPS - Continuing Operations	41.27	47.59	50.14	51.14	51.71
Basic Weighted Average Shares Outstanding	146M	144M	140M	136M	133M
Net EPS - Diluted	41.1	47.4	-7.6	-298.92	68.59
Diluted EPS - Continuing Operations	41.1	47.4	50	51	51.6
Diluted Weighted Average Shares Outstanding	147M	144M	140M	136M	133M
Normalized Basic EPS	34.18	37.05	39.3	39.48	40.39
Normalized Diluted EPS	34.03	36.93	39.19	39.37	40.3
Dividend Per Share	22	24	27	27	27
Payout Ratio	51.29	46.55	-318.81	-9.06	39.5
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	13.18B	14.36B	13.96B	13.92B	14.39B
EBITA	9.42B	10.57B	10.63B	10.58B	10.84B
EBIT	9.24B	10.34B	10.4B	10.39B	10.65B
EBITDAR	13.22B	14.39B	14.01B	13.97B	14.44B
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	24.7	21.7	17.85	18.91	19.85
Total Current Taxes	2.02B	2.42B	2.2B	2.01B	2.33B
Total Deferred Taxes	169M	-165M	-34M	-169M	-514M
Normalized Net Income	4.99B	5.33B	5.5B	5.37B	5.36B
Interest Capitalized	1M	4M	2M	8M	12M
Interest on Long-Term Debt	13M	17M	25M	40M	69M
Non-Cash Pension Expense	-196M	44M	27M	28M	27M
Supplemental Operating Expense Items
Marketing Expenses	4.39B	4.98B	5.79B	6.17B	6.54B
Selling and Marketing Expenses	15.37B	16.73B	17.34B	18.36B	19.24B
General and Administrative Expenses	3.45B	4.16B	4.23B	4.08B	4.38B
Net Rental Expense, Total	44M	33M	49M	48M	54M
Imputed Operating Lease Interest Expense	6.32M	4.58M	7.38M	8.89M	12.49M
Imputed Operating Lease Depreciation	37.68M	28.42M	41.62M	39.11M	41.51M
Stock-Based Comp., Other (Total)	66M	82M	97M	130M	100M
Total Stock-Based Compensation	66M	82M	97M	130M	100M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	8.09B	8.34B	8.16B	13.38B	11.54B
Short Term Investments	-	-	-	2.24B	59M
Total Cash And Short Term Investments	8.09B	8.34B	8.16B	15.62B	11.6B
Accounts Receivable, Total	3.72B	5.71B	5.07B	5.1B	4.94B
Other Receivables	1.8B	2.53B	2.72B	2.83B	2.67B
Total Receivables	5.52B	8.24B	7.79B	7.93B	7.61B
Inventory	4.61B	5.39B	5.72B	5.81B	5.95B
Prepaid Expenses	769M	929M	964M	835M	1.18B
Other Current Assets, Total	-	191M	11.62B	-	-
Total Current Assets	19B	23.09B	34.25B	30.2B	26.35B
Gross Property Plant And Equipment	63.32B	65.84B	58.5B	60.67B	66.96B
Accumulated Depreciation	-37.02B	-39.19B	-34.82B	-36.26B	-39.91B
Net Property Plant And Equipment	26.3B	26.65B	23.68B	24.4B	27.05B
Long-term Investments	4.19B	5.17B	5.52B	5.44B	4.67B
Goodwill	50.49B	52.48B	38.45B	38.32B	41.62B
Other Intangibles, Total	15.57B	15.99B	10.77B	10.78B	10.77B
Accounts Receivable Long-Term	826M	776M	644M	657M	617M
Deferred Tax Assets Long-Term	1.77B	1.92B	1.73B	1.81B	2.06B
Other Long-Term Assets, Total	679M	299M	292M	224M	197M
Total Assets	119B	126B	115B	112B	113B
Liabilities
Accounts Payable, Total	16.6B	20.64B	21.92B	22.16B	23.32B
Short-term Borrowings	89M	103M	1.41B	101M	6.38B
Current Portion of Long-Term Debt	472M	5.69B	3.98B	7.77B	3.91B
Current Portion of Leases	398M	375M	390M	466M	455M
Current Income Taxes Payable	925M	1.35B	1.01B	1.05B	1.2B
Other Current Liabilities	9.97B	15.12B	20.04B	15.68B	10.78B
Total Current Liabilities	28.45B	43.28B	48.75B	47.23B	46.04B
Long-Term Debt	28.21B	21.74B	21.66B	29.43B	25.72B
Long-Term Leases	1.08B	1.01B	1.2B	1.34B	1.67B
Pension & Other Post Retirement Benefits	2.93B	2.34B	1.56B	1.39B	1.3B
Deferred Tax Liability Non Current	4.78B	6.35B	4.84B	4.82B	4.74B
Other Non Current Liabilities	10B	2.9B	2.61B	1.88B	3.23B
Total Liabilities	75.45B	77.63B	80.62B	86.08B	82.72B
Common Stock, Total	2.96B	2.9B	2.84B	2.75B	2.68B
Retained Earnings	77.17B	78.85B	70.78B	23.31B	25.58B
Comprehensive Income and Other	-40.82B	-37.82B	-41.71B	-2.82B	-496M
Total Common Equity	39.31B	43.94B	31.9B	23.23B	27.77B
Minority Interest	4.05B	4.82B	2.82B	2.52B	2.84B
Total Equity	43.36B	48.76B	34.72B	25.75B	30.61B
Total Liabilities And Equity	119B	126B	115B	112B	113B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	145M	142M	137M	134M	132M
ECS Total Common Shares Outstanding	145M	142M	137M	134M	132M
Book Value / Share	270.9	309.68	232.28	173.24	210.26
Tangible Book Value	-26.75B	-24.53B	-17.32B	-25.87B	-24.62B
Tangible Book Value Per Share	-184.37	-172.91	-126.12	-192.87	-186.37
Total Debt	30.25B	28.92B	28.65B	39.1B	38.14B
Net Debt	22.16B	20.58B	20.48B	23.48B	26.54B
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.93B	2.34B	1.56B	1.39B	1.3B
Debt Equivalent Oper. Leases	352M	264M	392M	384M	432M
Minority Interest, Total (Incl. Fin. Div)	4.05B	4.82B	2.82B	2.52B	2.84B
Equity Method Investments, Total	4.19B	5.17B	5.52B	5.44B	4.67B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.07B	2.31B	2.33B	2.36B	2.44B
Inventories - Work In Process, Total	295M	333M	344M	399M	343M
Inventories - Finished Goods, Total	2.25B	2.75B	3.04B	3.05B	3.16B
Land - (BS)	19.23B	19.84B	17.8B	18.45B	20.13B
Machinery, Total	42.97B	44.81B	40.69B	42.22B	46.83B
Full Time Employees	40K	39K	31K	31K	32.1K
Part Time Employees	-	-	-	-	493
Accumulated Allowance for Doubtful Accounts (Supple)	699M	617M	613M	666M	644M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	6.03B	6.85B	-1.06B	-40.79B	9.12B
Depreciation & Amortization - CF	4.15B	4.17B	3.71B	3.79B	4.14B
Amortization of Goodwill and Intangible Assets - (CF)	187M	225M	229M	188M	190M
Depreciation & Amortization, Total	4.34B	4.4B	3.94B	3.98B	4.33B
(Gain) Loss From Sale Of Asset	-53M	-93M	-79M	-47M	-44M
Asset Writedown & Restructuring Costs	-481M	-156M	74M	-459M	-177M
(Income) Loss On Equity Investments - (CF)	-315M	-336M	-901M	-581M	-616M
Stock-Based Compensation (CF)	42M	82M	97M	130M	100M
Net Cash From Discontinued Operations	-	-	-	1.53B	2.26B
Other Operating Activities, Total	1.08B	1.1B	9.44B	49.45B	-757M
Change In Accounts Receivable	1.48B	-1.87B	-232M	223M	82M
Change In Inventories	-1M	-648M	-1.27B	-143M	-22M
Change In Accounts Payable	-162M	3.32B	3.41B	618M	411M
Change in Other Net Operating Assets	-1.03B	617M	-465M	-780M	-1.11B
Cash from Operations	10.93B	13.26B	12.95B	13.14B	13.57B
Capital Expenditure	-4.4B	-4.22B	-4.02B	-4.24B	-4.67B
Sale of Property, Plant, and Equipment	222M	274M	412M	115M	85M
Cash Acquisitions	-2.41B	-635M	-	-826M	254M
Divestitures	-	-	-	4M	-27M
Sale (Purchase) of Real Estate properties	-	-2M	2M	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-362M
Investment in Marketable and Equity Securities, Total	14M	-51M	-68M	-2.26B	2.02B
Net (Increase) Decrease in Loans Originated / Sold - Investing	381M	-39M	325M	-36M	390M
Other Investing Activities, Total	317M	291M	282M	-2.08B	792M
Cash from Investing	-5.87B	-4.38B	-3.06B	-9.32B	-1.52B
Long-Term Debt Issued, Total	8.74B	11M	4.88B	15.27B	6.1B
Total Debt Issued	8.74B	11M	4.88B	15.27B	6.1B
Short Term Debt Repaid, Total	-3.26B	-216M	-	-	-7.46B
Long-Term Debt Repaid, Total	-414M	-1.41B	-6.01B	-5.9B	-547M
Total Debt Repaid	-3.68B	-1.62B	-6.01B	-5.9B	-8.01B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-2.9B	-3.6B	-4.4B	-3.2B	-1.96B
Common Dividends Paid	-3.09B	-3.19B	-3.39B	-3.7B	-3.6B
Common & Preferred Stock Dividends Paid	-3.09B	-3.19B	-3.39B	-3.7B	-3.6B
Other Financing Activities, Total	-877M	-550M	-1.04B	-1.04B	-6.46B
Cash from Financing	-1.81B	-8.95B	-9.96B	1.43B	-13.94B
Foreign Exchange Rate Adjustments	-438M	458M	-683M	-1.23B	11M
Miscellaneous Cash Flow Adjustments	-	-	577M	1.19B	-
Net Change in Cash	2.81B	386M	-181M	5.22B	-1.87B
Supplemental Items
Cash Interest Paid	521M	1.04B	1.22B	602M	1.09B
Cash Income Tax Paid (Refund)	1.96B	1.98B	2.1B	2.17B	2.34B
Levered Free Cash Flow	5.58B	12.19B	699M	13.31B	1.6B
Unlevered Free Cash Flow	5.89B	12.5B	1.04B	13.79B	2.29B
Change In Net Working Capital	-114M	-5.78B	5.49B	-7.43B	3.76B
Net Debt Issued / Repaid	5.06B	-1.61B	-1.13B	9.37B	-1.91B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.77	5.27	5.38	5.72	5.91
Return on Total Capital	7.98	8.55	9.22	10.13	9.97
Return On Equity %	15.23	17.39	19.61	26.36	28.41
Return on Common Equity	14.57	16.45	18.12	25.25	26.89
Margin Analysis
Gross Profit Margin %	48.45	47.01	45.64	44.62	45.83
SG&A Margin	32.24	31.41	30.75	30.53	31.54
EBITDA Margin %	22.51	21.54	19.87	18.92	19.18
EBITA Margin %	16.09	15.86	15.13	14.37	14.46
EBIT Margin %	15.78	15.53	14.81	14.12	14.2
Income From Continuing Operations Margin %	11.63	12.02	11.65	10.83	10.67
Net Income Margin %	10.3	10.27	-1.51	-55.43	12.15
Net Avail. For Common Margin %	10.3	10.27	9.98	9.46	9.14
Normalized Net Income Margin	8.53	8	7.82	7.3	7.14
Levered Free Cash Flow Margin	9.54	18.29	0.99	18.08	2.14
Unlevered Free Cash Flow Margin	10.06	18.76	1.47	18.74	3.06
Asset Turnover
Asset Turnover	0.48	0.54	0.58	0.65	0.67
Fixed Assets Turnover	2.17	2.52	2.79	3.06	2.92
Receivables Turnover (Average Receivables)	12.92	14.12	13.04	14.47	14.94
Inventory Turnover (Average Inventory)	6.45	7.06	6.88	7.07	6.91
Short Term Liquidity
Current Ratio	0.67	0.53	0.7	0.64	0.57
Quick Ratio	0.48	0.38	0.33	0.5	0.42
Operating Cash Flow to Current Liabilities	0.38	0.31	0.27	0.28	0.29
Days Sales Outstanding (Average Receivables)	28.33	25.84	27.99	25.22	24.5
Days Outstanding Inventory (Average Inventory)	56.78	51.71	53.08	51.63	52.98
Average Days Payable Outstanding	205.57	188.34	201.61	196.93	204.11
Cash Conversion Cycle (Average Days)	-120.46	-110.79	-120.54	-120.08	-126.63
Long Term Solvency
Total Debt/Equity	69.76	59.32	82.5	151.85	124.59
Total Debt / Total Capital	41.09	37.23	45.21	60.29	55.47
LT Debt/Equity	67.55	46.67	65.85	119.47	89.48
Long-Term Debt / Total Capital	39.79	29.29	36.08	47.44	39.84
Total Liabilities / Total Assets	63.5	61.42	69.9	76.98	72.99
EBIT / Interest Expense	18.66	20.32	19.27	13.39	9.64
EBITDA / Interest Expense	27.42	28.96	26.57	18.52	13.56
(EBITDA - Capex) / Interest Expense	18.54	20.67	19.13	13.05	9.33
Total Debt / EBITDA	2.23	1.96	2	2.72	2.55
Net Debt / EBITDA	1.63	1.4	1.43	1.63	1.77
Total Debt / (EBITDA - Capex)	3.3	2.75	2.77	3.86	3.7
Net Debt / (EBITDA - Capex)	2.41	1.96	1.98	2.32	2.57
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-11.17	13.82	16.92	4.72	1.94
Gross Profit, 1 Yr. Growth %	-13.1	10.46	12.24	2.39	4.71
EBITDA, 1 Yr. Growth %	-6.55	8.96	2.36	-0.3	3.37
EBITA, 1 Yr. Growth %	-9.53	12.18	7.93	-0.55	2.54
EBIT, 1 Yr. Growth %	-7.55	12.02	8.07	-0.17	2.57
Earnings From Cont. Operations, 1 Yr. Growth %	-8.95	17.64	-1.33	-2.59	0.43
Net Income, 1 Yr. Growth %	-8.21	13.53	-115.53	3.74K	-122.35
Normalized Net Income, 1 Yr. Growth %	-2.77	6.72	12.63	-2.23	-0.29
Diluted EPS Before Extra, 1 Yr. Growth %	-5.3	15.33	1.21	2	1.18
Accounts Receivable, 1 Yr. Growth %	-30.23	53.29	-11.26	0.69	-3.18
Inventory, 1 Yr. Growth %	-2.9	16.87	6.07	1.63	2.44
Net Property, Plant and Equip., 1 Yr. Growth %	-4.74	1.33	-11.14	3.07	10.84
Total Assets, 1 Yr. Growth %	-3.45	6.37	-8.74	-3.04	1.34
Tangible Book Value, 1 Yr. Growth %	0.66	-8.29	-24.62	49.33	-4.83
Common Equity, 1 Yr. Growth %	-9.53	11.79	-29.88	-27.17	19.53
Cash From Operations, 1 Yr. Growth %	-10.71	21.33	5.46	-11.83	27.86
Capital Expenditures, 1 Yr. Growth %	-4.18	-3.98	2.95	5.6	20.09
Levered Free Cash Flow, 1 Yr. Growth %	-28.3	118.28	-94.21	1.8K	-87.95
Unlevered Free Cash Flow, 1 Yr. Growth %	-27.32	112.22	-91.63	1.23K	-83.36
Dividend Per Share, 1 Yr. Growth %	4.76	9.09	12.5	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-3.22	0.55	9.56	10.65	3.32
Gross Profit, 2 Yr. CAGR %	-4.69	-2.03	6.33	7.2	3.54
EBITDA, 2 Yr. CAGR %	0.24	0.91	2.94	1.02	1.52
EBITA, 2 Yr. CAGR %	-0.85	0.74	6.24	3.6	0.98
EBIT, 2 Yr. CAGR %	1.03	1.77	6.15	3.87	1.19
Earnings From Cont. Operations, 2 Yr. CAGR %	5.36	3.5	9.63	-1.96	-1.09
Net Income, 2 Yr. CAGR %	6.57	2.09	-58.01	144.09	192.84
Normalized Net Income, 2 Yr. CAGR %	4.8	1.86	4.9	4.94	-1.26
Diluted EPS Before Extra, 2 Yr. CAGR %	8.83	4.51	10.3	1.61	1.59
Accounts Receivable, 2 Yr. CAGR %	-14.4	3.42	16.63	-5.47	-1.26
Inventory, 2 Yr. CAGR %	1.99	6.52	11.33	3.82	2.03
Net Property, Plant and Equip., 2 Yr. CAGR %	1.77	-1.75	-5.11	-4.3	6.88
Total Assets, 2 Yr. CAGR %	0.47	1.34	-1.47	-5.93	-0.88
Tangible Book Value, 2 Yr. CAGR %	11.38	-3.92	-19.54	6.1	19.21
Common Equity, 2 Yr. CAGR %	-6.85	0.56	-9.91	-28.54	-6.7
Cash From Operations, 2 Yr. CAGR %	-4.76	4.08	8.85	3.44	-4.57
Capital Expenditures, 2 Yr. CAGR %	4.61	-4.08	-4.4	4.26	7.79
Levered Free Cash Flow, 2 Yr. CAGR %	-15.64	25.11	-64.62	5.06	51.53
Unlevered Free Cash Flow, 2 Yr. CAGR %	-15.23	24.2	-58.06	5.58	48.82
Dividend Per Share, 2 Yr. CAGR %	10.55	6.9	10.78	6.07	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-1.18	2.16	2.16	7.92	7.67
Gross Profit, 3 Yr. CAGR %	-2.08	0.11	-0.59	5	6.37
EBITDA, 3 Yr. CAGR %	0.26	3.07	-0.33	1.85	1.8
EBITA, 3 Yr. CAGR %	0.6	3.31	0.7	3.92	3.25
EBIT, 3 Yr. CAGR %	2.84	4.57	1.37	4	3.43
Earnings From Cont. Operations, 3 Yr. CAGR %	48.83	9.3	3.05	5.4	-1.17
Net Income, 3 Yr. CAGR %	68.56	8.84	-45.51	89.12	10.02
Normalized Net Income, 3 Yr. CAGR %	5.67	5.43	2.28	2.47	3.17
Diluted EPS Before Extra, 3 Yr. CAGR %	71.14	10.96	4.83	7.46	1.46
Accounts Receivable, 3 Yr. CAGR %	-6.87	3.95	-1.73	11.06	-4.71
Inventory, 3 Yr. CAGR %	6.36	6.72	6.37	8	3.36
Net Property, Plant and Equip., 3 Yr. CAGR %	2.64	1.62	-4.99	-2.46	0.5
Total Assets, 3 Yr. CAGR %	1.31	2.4	-2.14	-2	-3.57
Tangible Book Value, 3 Yr. CAGR %	8.64	4.39	-13.3	-1.12	2.32
Common Equity, 3 Yr. CAGR %	-5.74	-1.01	-9.78	-16.08	-15.17
Cash From Operations, 3 Yr. CAGR %	-2.62	3.25	1.9	6.33	3.39
Capital Expenditures, 3 Yr. CAGR %	2.74	1.66	-4.33	-1.17	6.15
Levered Free Cash Flow, 3 Yr. CAGR %	-3.47	15.81	-55.23	33.58	-48.95
Unlevered Free Cash Flow, 3 Yr. CAGR %	-4.14	15.1	-49.63	32.78	-42.97
Dividend Per Share, 3 Yr. CAGR %	11.2	10.06	8.74	7.06	4
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-2.18	1.25	2.99	3.32	2.62
Gross Profit, 5 Yr. CAGR %	-2.34	-0.06	1.2	1.01	1.05
EBITDA, 5 Yr. CAGR %	0.92	2.69	1.33	1.2	0.41
EBITA, 5 Yr. CAGR %	1.96	4.08	2.82	1.99	0.81
EBIT, 5 Yr. CAGR %	3.14	5.72	4.15	2.8	1.3
Earnings From Cont. Operations, 5 Yr. CAGR %	21.4	10.52	31.7	5.38	1.37
Net Income, 5 Yr. CAGR %	15.56	8.82	-3.33	50.35	6.77
Normalized Net Income, 5 Yr. CAGR %	4.73	5.78	5.36	3.39	0.85
Diluted EPS Before Extra, 5 Yr. CAGR %	16.44	10.02	43.56	8.01	3.52
Accounts Receivable, 5 Yr. CAGR %	-8.25	0.81	1.9	0.07	-1.54
Inventory, 5 Yr. CAGR %	3.86	6.35	8.32	5.55	4.61
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.29	0.64	-0.54	-0.79	-0.41
Total Assets, 5 Yr. CAGR %	-0.99	-0.08	0.19	-1.02	-1.63
Tangible Book Value, 5 Yr. CAGR %	-1.89	-1.1	-3.65	3.7	-1.52
Common Equity, 5 Yr. CAGR %	-2	-2.86	-7.43	-12.5	-8.56
Cash From Operations, 5 Yr. CAGR %	1.51	7.28	1.82	1.75	2.09
Capital Expenditures, 5 Yr. CAGR %	1.16	1.91	-0.17	1.1	0.35
Levered Free Cash Flow, 5 Yr. CAGR %	-4.35	17.05	-35.39	11.15	-27.09
Unlevered Free Cash Flow, 5 Yr. CAGR %	-5.36	15.09	-31.13	10.96	-22.31
Dividend Per Share, 5 Yr. CAGR %	19.57	19.14	11.03	8.45	5.15