Cash flow ERICSSON

Equities

ERIC B

SE0000108656

Communications & Networking

Market Closed - Nasdaq Stockholm Other stock markets 17:00:00 16/06/2025 BST			5-day change	1st Jan Change
81.10 ^SEK	+1.76%		-2.12%	-9.77%

06-16	Atrium Ljungberg Extends Green Lease With Ericsson	RE
06-16	Ericsson, AWS Collaborate To Propel Autonomous Networks With Agentic AI	RE

74ecbb80.x3UOoBSEUv1dYeodhEfbeXSEyIKD3eSoz-xx6iBqCLs.oiFm6220IognK9hz9g-0QC3ipK-6qInOm4MVvxRdb_jqNkHOYMw9uz9Yow

Published financial data: ERICSSON

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	232B	232B	272B	263B	248B
Total Revenues	232B	232B	272B	263B	248B
Cost of Goods Sold, Total	138B	131B	158B	159B	136B
Gross Profit	94.45B	101B	113B	104B	111B
Selling General & Admin Expenses, Total	26.33B	26.81B	35.47B	38.45B	51.46B
Provision for Bad Debts	-118M	40M	40M	268M	265M
R&D Expenses	39.17B	41.8B	47.18B	48.23B	51.4B
Other Operating Expenses	-739M	-303M	1.25B	-300M	-143M
Other Operating Expenses, Total	64.64B	68.34B	83.94B	86.65B	103B
Operating Income	29.81B	32.68B	29.55B	17.76B	8.44B
Interest Expense, Total	-1.59B	-951M	-1.44B	-2.75B	-2.91B
Interest And Investment Income	796M	360M	717M	1.9B	2.52B
Net Interest Expenses	-798M	-591M	-719M	-849M	-392M
Income (Loss) On Equity Invest.	-298M	-260M	17M	124M	-246M
Currency Exchange Gains (Loss)	827M	-1.55B	-1.26B	-1.02B	-355M
Other Non Operating Income (Expenses)	-718M	-392M	-72M	-607M	-467M
EBT, Excl. Unusual Items	28.82B	29.89B	27.52B	15.4B	6.98B
Restructuring Charges	-1.31B	-549M	-460M	-6.52B	-5.01B
Merger & Related Restructuring Charges	-92M	-11M	-436M	-36M	-
Impairment of Goodwill	-	-112M	-	-31.9B	-1.26B
Gain (Loss) On Sale Of Investments	-3M	730M	-100M	504M	-47M
Gain (Loss) On Sale Of Assets	-74M	241M	387M	-772M	31M
Asset Writedown	-137M	-137M	-	-	-
Legal Settlements	-	-	-	-	1.9B
Other Unusual Items	-	-800M	-2.3B	-	-
EBT, Incl. Unusual Items	27.21B	29.25B	24.61B	-23.32B	2.59B
Income Tax Expense	9.59B	6.27B	5.5B	2.78B	2.22B
Earnings From Continuing Operations	17.62B	22.98B	19.11B	-26.1B	374M
Net Income to Company	17.62B	22.98B	19.11B	-26.1B	374M
Minority Interest	-140M	-286M	-388M	-342M	-354M
Net Income - (IS)	17.48B	22.69B	18.72B	-26.45B	20M
Net Income to Common Incl Extra Items	17.48B	22.69B	18.72B	-26.45B	20M
Net Income to Common Excl. Extra Items	17.48B	22.69B	18.72B	-26.45B	20M
Per Share Items
Net EPS - Basic	5.26	6.82	5.62	-7.94	0.01
Basic EPS - Continuing Operations	5.26	6.82	5.62	-7.94	0.01
Basic Weighted Average Shares Outstanding	3.32B	3.33B	3.33B	3.33B	3.33B
Net EPS - Diluted	5.26	6.81	5.62	-7.94	0.01
Diluted EPS - Continuing Operations	5.26	6.81	5.62	-7.94	0.01
Diluted Weighted Average Shares Outstanding	3.33B	3.33B	3.33B	3.33B	3.34B
Normalized Basic EPS	5.38	5.53	5.05	2.79	1.2
Normalized Diluted EPS	5.37	5.52	5.04	2.79	1.2
Dividend Per Share	2	2.5	2.7	2.7	2.85
Payout Ratio	28.51	29.34	44.46	-34	44.98K
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	34.5B	37.52B	35.66B	25.35B	14.8B
EBITA	30.89B	33.84B	31.54B	21.08B	10.94B
EBIT	29.81B	32.68B	29.55B	17.76B	8.44B
EBITDAR	35.28B	38.19B	36.45B	26.09B	15.7B
Effective Tax Rate - (Ratio)	35.24	21.44	22.34	-11.94	85.55
Total Current Taxes	5.64B	6.45B	7.1B	4.17B	6.62B
Total Deferred Taxes	3.91B	-188M	-1.62B	-1.41B	-4.56B
Normalized Net Income	17.88B	18.39B	16.81B	9.28B	4.01B
Interest on Long-Term Debt	490M	426M	464M	464M	421M
Non-Cash Pension Expense	361M	298M	714M	888M	685M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	40.62B	43.42B	48.88B	51.8B	54.99B
Net Rental Expense, Total	780M	672M	794M	743M	904M
Imputed Operating Lease Interest Expense	228M	127M	219M	338M	421M
Imputed Operating Lease Depreciation	552M	545M	575M	405M	483M
Stock-Based Comp., Other (Total)	1.57B	1.35B	450M	1.37B	2.07B
Total Stock-Based Compensation	1.57B	1.35B	450M	1.37B	2.07B

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	43.61B	54.05B	38.35B	35.19B	43.88B
Short Term Investments	6.82B	12.93B	8.74B	9.58B	12.55B
Total Cash And Short Term Investments	50.43B	66.98B	47.08B	44.77B	56.43B
Accounts Receivable, Total	55.25B	58.62B	63.21B	55.78B	55.41B
Other Receivables	12.18B	11B	13.56B	13.83B	12.45B
Total Receivables	67.43B	69.63B	76.77B	69.61B	67.86B
Inventory	28.1B	35.16B	45.85B	36.07B	27.12B
Prepaid Expenses	1.86B	2.29B	2.51B	2.55B	2.66B
Other Current Assets, Total	1.98B	743M	1.59B	1.98B	232M
Total Current Assets	150B	175B	174B	155B	154B
Gross Property Plant And Equipment	54.17B	58.98B	65.35B	63.62B	65.81B
Accumulated Depreciation	-32.81B	-37.45B	-43.24B	-45.11B	-48.78B
Net Property Plant And Equipment	21.36B	21.53B	22.11B	18.52B	17.03B
Long-term Investments	24.41B	33.82B	12.36B	13.17B	22.65B
Goodwill	34.94B	38.2B	84.57B	52.94B	56.08B
Other Intangibles, Total	4.8B	3.83B	26.34B	22.67B	7.95B
Accounts Receivable Long-Term	1.22B	568M	415M	1.35B	190M
Deferred Tax Assets Long-Term	26.3B	23.11B	19.39B	22.38B	24.41B
Deferred Charges Long-Term	3.86B	3.53B	3.7B	4.68B	4.59B
Other Long-Term Assets, Total	4.84B	6.22B	6.84B	6.35B	5.16B
Total Assets	272B	306B	350B	297B	292B
Liabilities
Accounts Payable, Total	31.99B	35.68B	38.44B	27.77B	30.17B
Accrued Expenses, Total	29.08B	31.93B	36.87B	27.64B	33.38B
Short-term Borrowings	2.67B	131M	3.12B	8.66B	2.18B
Current Portion of Long-Term Debt	5.37B	9.55B	2.87B	9B	3.96B
Current Portion of Leases	2.2B	2.22B	2.49B	2.24B	2.13B
Current Income Taxes Payable	-	2.92B	2.64B	3.56B	3.32B
Unearned Revenue Current, Total	26.44B	32.83B	42.25B	34.42B	41.23B
Other Current Liabilities	16.58B	11.68B	16.94B	16.13B	15.49B
Total Current Liabilities	114B	127B	146B	129B	132B
Long-Term Debt	22.22B	22.24B	26.95B	29.22B	31.9B
Long-Term Leases	7.1B	7.08B	6.82B	5.22B	5.36B
Pension & Other Post Retirement Benefits	37.35B	36.05B	27.36B	26.23B	24.45B
Deferred Tax Liability Non Current	1.09B	884M	4.78B	3.88B	1.3B
Other Non Current Liabilities	4.27B	5.31B	4.7B	5.68B	4.51B
Total Liabilities	186B	199B	216B	200B	199B
Common Stock, Total	16.67B	16.67B	16.67B	16.72B	16.74B
Additional Paid In Capital	24.73B	24.73B	24.73B	24.73B	24.73B
Retained Earnings	47.96B	66.92B	85.21B	50.46B	42.3B
Comprehensive Income and Other	-2.69B	454M	8.2B	6.76B	10.52B
Total Common Equity	86.67B	109B	135B	98.67B	94.28B
Minority Interest	-1.5B	-1.68B	-1.51B	-1.26B	-1.3B
Total Equity	85.18B	107B	133B	97.41B	92.98B
Total Liabilities And Equity	272B	306B	350B	297B	292B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.33B	3.33B	3.33B	3.33B	3.33B
ECS Total Common Shares Outstanding	3.33B	3.33B	3.33B	3.33B	3.33B
Book Value / Share	26.04	32.66	40.48	29.63	28.29
Tangible Book Value	46.92B	66.74B	23.9B	23.06B	30.25B
Tangible Book Value Per Share	14.1	20.04	7.18	6.93	9.08
Total Debt	39.56B	41.22B	42.24B	54.33B	45.54B
Net Debt	-10.87B	-25.76B	-4.84B	9.55B	-10.89B
Debt Equivalent of Unfunded Proj. Benefit Obligation	34.58B	32.19B	23.21B	22.94B	22.24B
Debt Equivalent Oper. Leases	6.24B	5.38B	6.35B	5.94B	7.23B
Minority Interest, Total (Incl. Fin. Div)	-1.5B	-1.68B	-1.51B	-1.26B	-1.3B
Equity Method Investments, Total	1.27B	941M	1.13B	1.15B	1.18B
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	9.51B	11.58B	16.87B	-	-
Inventories - Work In Process, Total	9.88B	12.37B	14.6B	11.85B	8.48B
Inventories - Finished Goods, Total	8.71B	11.21B	14.38B	24.22B	11.7B
Inventories - Others	-	-	-	-	6.95B
Machinery, Total	34.82B	37.4B	40.81B	39.49B	40.26B
Full Time Employees	100K	100K	105K	99.52K	93.9K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	2.52B	2.4B	2.49B	2.58B	2.83B

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	17.48B	22.69B	18.72B	-26.45B	20M
Depreciation & Amortization - CF	5.99B	5.95B	6.56B	6.7B	6.04B
Amortization of Goodwill and Intangible Assets - (CF)	1.08B	1.16B	1.99B	3.32B	2.5B
Depreciation & Amortization, Total	7.07B	7.12B	8.56B	10.02B	8.54B
Amortization of Deferred Charges, Total - (CF)	906M	1.34B	1.59B	1.14B	1.48B
(Gain) Loss From Sale Of Asset	74M	-244M	-441M	772M	-73M
(Gain) Loss on Sale of Investments - (CF)	3M	-1.7B	-187M	-504M	106M
Asset Writedown & Restructuring Costs	696M	511M	401M	32.73B	15.71B
(Income) Loss On Equity Investments - (CF)	408M	360M	55M	-58M	459M
Other Operating Activities, Total	5.9B	4.98B	1.55B	1.52B	-2.8B
Change In Accounts Receivable	-3.18B	1.55B	4.77B	6.33B	2.58B
Change In Inventories	384M	-5.56B	-7.74B	9.3B	10.21B
Change In Accounts Payable	4.3B	1.38B	-2B	-10.04B	496M
Change in Unearned Revenues	-560M	4.01B	5.79B	-7.09B	4.6B
Change in Other Net Operating Assets	-4.55B	2.62B	-206M	-10.51B	4.94B
Cash from Operations	28.93B	39.06B	30.86B	7.18B	46.26B
Capital Expenditure	-4.42B	-3.61B	-4.43B	-3.21B	-2.13B
Sale of Property, Plant, and Equipment	254M	115M	249M	163M	116M
Cash Acquisitions	-9.53B	-256M	-51.73B	-1.31B	-141M
Divestitures	4M	273M	20M	-633M	-
Sale (Purchase) of Real Estate properties	-78M	-54M	-47M	-87M	-208M
Sale (Purchase) of Intangible assets	-817M	-962M	-1.72B	-2.17B	-1.3B
Investment in Marketable and Equity Securities, Total	-1.42B	-15.26B	26.98B	-3.76B	-8.54B
Other Investing Activities, Total	801M	-131M	-3.72B	2.3B	-3.74B
Cash from Investing	-15.2B	-19.88B	-34.4B	-8.71B	-15.95B
Long-Term Debt Issued, Total	4.4B	7.88B	10.76B	19.73B	3.62B
Total Debt Issued	4.4B	7.88B	10.76B	19.73B	3.62B
Long-Term Debt Repaid, Total	-11.06B	-8.16B	-18.62B	-10.74B	-18.41B
Total Debt Repaid	-11.06B	-8.16B	-18.62B	-10.74B	-18.41B
Issuance of Common Stock	163M	42M	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-4.98B	-6.66B	-8.32B	-8.99B	-9B
Common & Preferred Stock Dividends Paid	-4.98B	-6.66B	-8.32B	-8.99B	-9B
Other Financing Activities, Total	-1.01B	-2.41B	262M	1.01B	-74M
Cash from Financing	-12.49B	-9.31B	-15.93B	1.01B	-23.86B
Foreign Exchange Rate Adjustments	-2.71B	563M	3.76B	-2.63B	2.25B
Net Change in Cash	-1.47B	10.44B	-15.7B	-3.16B	8.7B
Supplemental Items
Cash Interest Paid	1.43B	974M	1.25B	2.28B	3.04B
Cash Income Tax Paid (Refund)	4.31B	4.09B	5.6B	5.37B	6.3B
Levered Free Cash Flow	23.81B	27.57B	25.21B	5.4B	38.55B
Unlevered Free Cash Flow	24.81B	28.16B	26.11B	7.11B	40.36B
Change In Net Working Capital	-1.87B	-2.5B	-3.2B	11.13B	-26.43B
Net Debt Issued / Repaid	-6.66B	-277M	-7.87B	8.99B	-14.79B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	6.8	7.08	5.64	3.43	1.79
Return on Total Capital	14.65	14.96	11.41	6.78	3.63
Return On Equity %	21.1	23.9	15.9	-22.63	0.39
Return on Common Equity	20.66	23.22	15.37	-22.65	0.02
Margin Analysis
Gross Profit Margin %	40.64	43.49	41.79	39.64	44.95
SG&A Margin	11.33	11.54	13.06	14.6	20.76
EBITDA Margin %	14.84	16.15	13.13	9.63	5.97
EBITA Margin %	13.29	14.57	11.62	8	4.41
EBIT Margin %	12.83	14.07	10.88	6.74	3.4
Income From Continuing Operations Margin %	7.58	9.89	7.04	-9.91	0.15
Net Income Margin %	7.52	9.77	6.9	-10.04	0.01
Net Avail. For Common Margin %	7.52	9.77	6.9	-10.04	0.01
Normalized Net Income Margin	7.69	7.92	6.19	3.53	1.62
Levered Free Cash Flow Margin	10.25	11.87	9.29	2.05	15.55
Unlevered Free Cash Flow Margin	10.68	12.12	9.62	2.7	16.28
Asset Turnover
Asset Turnover	0.85	0.81	0.83	0.81	0.84
Fixed Assets Turnover	10.64	10.83	12.45	12.97	13.95
Receivables Turnover (Average Receivables)	4.15	4.08	4.46	4.43	4.46
Inventory Turnover (Average Inventory)	4.68	4.15	3.9	3.88	4.32
Short Term Liquidity
Current Ratio	1.31	1.38	1.19	1.2	1.17
Quick Ratio	1.03	1.08	0.85	0.88	0.94
Operating Cash Flow to Current Liabilities	0.25	0.31	0.21	0.06	0.35
Days Sales Outstanding (Average Receivables)	88.19	89.46	81.88	82.46	82.09
Days Outstanding Inventory (Average Inventory)	78.22	87.93	93.54	94.06	84.75
Average Days Payable Outstanding	84.46	89.26	80.17	81	83.15
Cash Conversion Cycle (Average Days)	81.94	88.13	95.25	95.52	83.69
Long Term Solvency
Total Debt/Equity	46.44	38.49	31.69	55.77	48.98
Total Debt / Total Capital	31.71	27.79	24.06	35.8	32.88
LT Debt/Equity	34.42	27.38	25.33	35.35	40.08
Long-Term Debt / Total Capital	23.51	19.77	19.23	22.7	26.9
Total Liabilities / Total Assets	68.63	64.96	61.86	67.21	68.2
EBIT / Interest Expense	18.7	34.36	20.58	6.47	2.9
EBITDA / Interest Expense	23.14	41.84	26.54	10.11	5.84
(EBITDA - Capex) / Interest Expense	20.37	38.05	23.45	8.95	5.11
Total Debt / EBITDA	1.07	1.04	1.11	1.96	2.68
Net Debt / EBITDA	-0.29	-0.65	-0.13	0.34	-0.64
Total Debt / (EBITDA - Capex)	1.22	1.14	1.25	2.21	3.07
Net Debt / (EBITDA - Capex)	-0.33	-0.71	-0.14	0.39	-0.73
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.28	-0.03	16.89	-3.02	-5.87
Gross Profit, 1 Yr. Growth %	10.91	6.96	12.34	-8.01	6.71
EBITDA, 1 Yr. Growth %	29.74	9.48	-1.82	-28.91	-41.62
EBITA, 1 Yr. Growth %	34.31	10.36	-3.37	-33.18	-48.11
EBIT, 1 Yr. Growth %	35.61	10.47	-6.12	-39.92	-52.48
Earnings From Cont. Operations, 1 Yr. Growth %	857.77	30.4	-16.83	-236.58	-101.43
Net Income, 1 Yr. Growth %	686.46	29.81	-17.49	-241.24	-100.08
Normalized Net Income, 1 Yr. Growth %	41.58	3.4	-5.6	-44.77	-56.66
Diluted EPS Before Extra, 1 Yr. Growth %	685.07	29.47	-17.47	-241.31	-100.08
Accounts Receivable, 1 Yr. Growth %	-2.61	6.1	7.82	-11.75	-0.68
Inventory, 1 Yr. Growth %	-8.96	25.15	30.38	-21.32	-24.81
Net Property, Plant and Equip., 1 Yr. Growth %	-4.36	0.77	2.68	-16.24	-8.01
Total Assets, 1 Yr. Growth %	-1.76	12.55	14.37	-15.02	-1.57
Tangible Book Value, 1 Yr. Growth %	-3.98	42.23	-64.18	-3.52	31.18
Common Equity, 1 Yr. Growth %	4.98	25.5	23.94	-26.81	-4.45
Cash From Operations, 1 Yr. Growth %	71.48	35.02	-21	-76.75	544.57
Capital Expenditures, 1 Yr. Growth %	-12.35	-18.26	22.75	-27.54	-33.58
Levered Free Cash Flow, 1 Yr. Growth %	-8.92	16.25	-5.98	-78.61	614.27
Unlevered Free Cash Flow, 1 Yr. Growth %	-9.32	14.64	-4.75	-72.78	467.47
Dividend Per Share, 1 Yr. Growth %	33.33	25	8	0	5.56
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.99	1.12	8.1	6.47	-4.46
Gross Profit, 2 Yr. CAGR %	12.87	8.92	9.62	1.66	-0.92
EBITDA, 2 Yr. CAGR %	53.58	19.49	2.4	-16.46	-35.58
EBITA, 2 Yr. CAGR %	64.98	22.13	1.86	-19.65	-41.12
EBIT, 2 Yr. CAGR %	72.97	22.8	0.39	-24.9	-46.57
Earnings From Cont. Operations, 2 Yr. CAGR %	67.57	253.4	4.14	6.58	-86.01
Net Income, 2 Yr. CAGR %	63.63	219.51	3.49	7.95	-96.73
Normalized Net Income, 2 Yr. CAGR %	103.43	20.87	-2.79	-27.79	-51.31
Diluted EPS Before Extra, 2 Yr. CAGR %	62.82	218.81	3.37	7.99	-96.73
Accounts Receivable, 2 Yr. CAGR %	-8.54	1.65	6.96	-2.45	-6.38
Inventory, 2 Yr. CAGR %	-2	6.74	27.74	1.28	-23.08
Net Property, Plant and Equip., 2 Yr. CAGR %	28.94	-1.83	1.72	-7.26	-12.22
Total Assets, 2 Yr. CAGR %	0.51	5.16	13.46	-1.41	-8.54
Tangible Book Value, 2 Yr. CAGR %	-6.32	16.86	-28.63	-41.22	12.5
Common Equity, 2 Yr. CAGR %	-0.18	14.78	24.72	-4.76	-16.37
Cash From Operations, 2 Yr. CAGR %	75.99	52.16	3.28	-57.14	22.43
Capital Expenditures, 2 Yr. CAGR %	5.39	-15.35	-0.7	-6.39	-30.99
Levered Free Cash Flow, 2 Yr. CAGR %	24.81	4.18	4.7	-54.71	24.88
Unlevered Free Cash Flow, 2 Yr. CAGR %	23.82	3.07	4.63	-48.58	25.53
Dividend Per Share, 2 Yr. CAGR %	41.42	29.1	16.19	3.92	2.74
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.2	3.29	6.12	4.26	2.19
Gross Profit, 3 Yr. CAGR %	21.11	10.86	10.05	3.4	3.32
EBITDA, 3 Yr. CAGR %	115.48	36.89	10.71	-9.33	-25.86
EBITA, 3 Yr. CAGR %	59.94	43.93	11.61	-11.5	-30.55
EBIT, 3 Yr. CAGR %	47.88	48.57	10.89	-15.4	-35.53
Earnings From Cont. Operations, 3 Yr. CAGR %	-18.4	54.13	118.19	13.99	-74.66
Net Income, 3 Yr. CAGR %	-18.73	51.47	103.46	14.79	-90.41
Normalized Net Income, 3 Yr. CAGR %	39.05	62.09	10.11	-19.49	-39.18
Diluted EPS Before Extra, 3 Yr. CAGR %	-19.12	50.84	103.18	14.72	-90.41
Accounts Receivable, 3 Yr. CAGR %	-4.27	-3.9	3.67	0.32	-1.86
Inventory, 3 Yr. CAGR %	3.22	6.32	14.1	8.69	-8.29
Net Property, Plant and Equip., 3 Yr. CAGR %	18.44	18.77	-0.35	-4.66	-7.51
Total Assets, 3 Yr. CAGR %	1.47	4.38	8.14	3.04	-1.47
Tangible Book Value, 3 Yr. CAGR %	-10.28	7.67	-21.21	-21.08	-23.18
Common Equity, 3 Yr. CAGR %	-3.66	7.74	17.76	4.42	-4.65
Cash From Operations, 3 Yr. CAGR %	44.44	61.11	22.3	-37.17	5.8
Capital Expenditures, 3 Yr. CAGR %	4.43	-3.17	-4.19	-10.6	-16.51
Levered Free Cash Flow, 3 Yr. CAGR %	14.41	21.71	-0.25	-38.32	13.58
Unlevered Free Cash Flow, 3 Yr. CAGR %	14.29	20.28	-0.5	-33.19	14.48
Dividend Per Share, 3 Yr. CAGR %	25.99	35.72	21.64	10.52	4.46
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-1.21	1.07	5.74	4.55	1.76
Gross Profit, 5 Yr. CAGR %	1.4	8.01	16.38	7.09	5.52
EBITDA, 5 Yr. CAGR %	-0.62	13.68	59.56	11.63	-10.85
EBITA, 5 Yr. CAGR %	0.01	17.15	33.1	13.18	-13.58
EBIT, 5 Yr. CAGR %	2.19	20.83	26.24	12.25	-17.19
Earnings From Cont. Operations, 5 Yr. CAGR %	5.21	86.74	-10.04	32.99	-27.29
Net Income, 5 Yr. CAGR %	5.23	93.67	-10.48	32.28	-61.02
Normalized Net Income, 5 Yr. CAGR %	3.08	23.75	20.38	16.54	-20.47
Diluted EPS Before Extra, 5 Yr. CAGR %	4.96	93.66	-10.78	31.97	-61.06
Accounts Receivable, 5 Yr. CAGR %	-5.86	-3.14	0.07	-3.32	-0.47
Inventory, 5 Yr. CAGR %	-0.24	2.15	12.41	4.28	-2.55
Net Property, Plant and Equip., 5 Yr. CAGR %	6.08	5.17	11.45	7.58	-5.28
Total Assets, 5 Yr. CAGR %	-0.92	1.47	6.11	2.02	1.13
Tangible Book Value, 5 Yr. CAGR %	-13.36	-4.37	-18.13	-15.48	-9.14
Common Equity, 5 Yr. CAGR %	-9.97	-4.17	6.82	2.56	2.69
Cash From Operations, 5 Yr. CAGR %	7.03	22.76	26.31	-5.14	22.35
Capital Expenditures, 5 Yr. CAGR %	-11.94	-10.05	2.7	-4.18	-15.8
Levered Free Cash Flow, 5 Yr. CAGR %	20.94	15.13	9.66	-18.8	8.7
Unlevered Free Cash Flow, 5 Yr. CAGR %	19.92	14.31	9.46	-15.16	8.77
Dividend Per Share, 5 Yr. CAGR %	-11.58	20.11	21.98	21.98	13.7