Cash flow Nordex SE

Stocks

NDX1

DE000A0D6554

Heavy Electrical Equipment

Market Closed - Xetra Other stock markets 16:35:00 10/07/2026 BST			5-day change	1st Jan Change
40.98 ^EUR	-3.49%		-9.97%	+40.73%

07-10	Berenberg: Nordex to Post 'Modest Beat' in Q2; Forecasts Up	MT
07-10	NORDEX AG : Berenberg gives a Buy rating	ZD

c7bffb58bc6b4ed.Dt0Ulz7G0pJhOe20HwIfNqEva_N-PVX0FEeTk9zp1CI.b4Imx1mgivECf9jbTHB4ReJXMpAsTBG6ZQn86YihkFhorljveYGa_QZIoA

Published financial data: NORDEX SE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	5.44B	5.69B	6.49B	7.3B	7.55B
Total Revenues	5.44B	5.69B	6.49B	7.3B	7.55B
Cost of Goods Sold, Total	4.65B	5.23B	5.54B	5.8B	5.55B
Gross Profit	793M	459M	946M	1.49B	2B
Selling General & Admin Expenses, Total	498M	585M	658M	759M	856M
Depreciation & Amortization - (IS)	160M	182M	188M	181M	181M
Other Operating Expenses	258M	248M	279M	386M	412M
Other Operating Expenses, Total	916M	1.02B	1.13B	1.33B	1.45B
Operating Income	-123M	-556M	-179M	170M	551M
Interest Expense, Total	-123M	-102M	-135M	-111M	-95.08M
Interest And Investment Income	6.02M	6.08M	11.43M	17.39M	27.56M
Net Interest Expenses	-117M	-95.69M	-124M	-93.42M	-67.52M
Income (Loss) On Equity Invest.	7.81M	3.54M	-356K	-424K	-2.93M
Currency Exchange Gains (Loss)	4.57M	3.77M	-10.16M	-41.33M	-69.71M
Other Non Operating Income (Expenses)	-	-	0	-2K	-
EBT, Excl. Unusual Items	-227M	-644M	-313M	34.38M	411M
Restructuring Charges	-	-29.16M	-	-	-
Gain (Loss) On Sale Of Investments	-	-8K	-	-	-150K
Gain (Loss) On Sale Of Assets	-374K	140M	3.55M	-12.86M	-31.81M
Asset Writedown	3.73M	-5.76M	-7.86M	-	-
Other Unusual Items	-	16.25M	6.67M	-	-
EBT, Incl. Unusual Items	-224M	-522M	-311M	21.52M	379M
Income Tax Expense	6.42M	-24.63M	-7.84M	12.74M	105M
Earnings From Continuing Operations	-230M	-498M	-303M	8.78M	274M
Net Income to Company	-230M	-498M	-303M	8.78M	274M
Minority Interest	-	-	-20K	55K	115K
Net Income - (IS)	-230M	-498M	-303M	8.84M	274M
Net Income to Common Incl Extra Items	-230M	-498M	-303M	8.84M	274M
Net Income to Common Excl. Extra Items	-230M	-498M	-303M	8.84M	274M
Per Share Items
Net EPS - Basic	-1.68	-2.71	-1.33	0.04	1.16
Basic EPS - Continuing Operations	-1.68	-2.71	-1.33	0.04	1.16
Basic Weighted Average Shares Outstanding	137M	184M	228M	236M	236M
Net EPS - Diluted	-1.68	-2.71	-1.33	0.04	1.13
Diluted EPS - Continuing Operations	-1.68	-2.71	-1.33	0.04	1.13
Diluted Weighted Average Shares Outstanding	137M	184M	228M	236M	259M
Normalized Basic EPS	-1.03	-2.19	-0.86	0.09	1.09
Normalized Diluted EPS	-1.03	-2.19	-0.86	0.09	0.99
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	-28.76M	-446M	-66.66M	275M	651M
EBITA	-115M	-551M	-175M	174M	562M
EBIT	-123M	-556M	-179M	170M	551M
EBITDAR	-5.99M	-425M	-42.25M	302M	681M
Total Revenues (As Reported)	5.05B	5.99B	6.55B	7B	7.75B
Effective Tax Rate - (Ratio)	-2.87	4.71	2.52	59.2	27.65
Current Domestic Taxes	5.75M	5.34M	15.19M	11.11M	9.83M
Current Foreign Taxes	27.21M	28.39M	35.78M	26.75M	35.08M
Total Current Taxes	32.95M	33.72M	50.97M	37.86M	44.91M
Total Deferred Taxes	-26.53M	-58.35M	-58.81M	-25.12M	59.96M
Normalized Net Income	-142M	-403M	-196M	21.54M	257M
Interest on Long-Term Debt	6.53M	5.02M	6.8M	8.33M	8.24M
Non-Cash Pension Expense	10K	13K	34K	29K	27K
Supplemental Operating Expense Items
Advertising Expense	1.78M	2.96M	3.48M	4.71M	5.18M
Selling and Marketing Expenses	1.78M	2.96M	3.48M	4.71M	5.18M
Research And Development Expense From Footnotes	56.51M	33.64M	38.07M	35.27M	32.77M
Net Rental Expense, Total	22.77M	20.72M	24.42M	26.88M	30.28M
Imputed Operating Lease Interest Expense	31.79M	31.56M	49.99M	48.85M	46.55M
Imputed Operating Lease Depreciation	-9.02M	-10.84M	-25.57M	-21.97M	-16.27M
Maintenance & Repair Expenses, Total	33.78M	26.62M	38.36M	40M	38.68M
Stock-Based Comp., Other (Total)	-	932K	2.41M	3.82M	9.7M
Total Stock-Based Compensation	-	932K	2.41M	3.82M	9.7M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	784M	634M	926M	1.15B	1.93B
Short Term Investments	-	-	3.25M	2.68M	10.89M
Total Cash And Short Term Investments	784M	634M	929M	1.15B	1.94B
Accounts Receivable, Total	706M	898M	986M	1.09B	1.51B
Other Receivables	238M	281M	327M	400M	265M
Notes Receivable	-	-	-	-	-
Total Receivables	945M	1.18B	1.31B	1.49B	1.78B
Inventory	722M	1.1B	1.27B	909M	1.01B
Prepaid Expenses	12.43M	11.17M	18.91M	15.89M	13.09M
Other Current Assets, Total	35.62M	33.58M	25.51M	33.52M	14.68M
Total Current Assets	2.5B	2.96B	3.55B	3.6B	4.75B
Gross Property Plant And Equipment	973M	1.2B	1.28B	1.35B	1.32B
Accumulated Depreciation	-471M	-603M	-734M	-816M	-837M
Net Property Plant And Equipment	502M	600M	544M	537M	482M
Long-term Investments	16.6M	74.38M	88.69M	103M	97.91M
Goodwill	548M	548M	548M	548M	548M
Other Intangibles, Total	16.63M	12.53M	14.07M	16.04M	13.44M
Accounts Receivable Long-Term	32.17M	33.84M	37.24M	39.46M	32.88M
Loans Receivable Long-Term	7.42M	56.11M	4.04M	4.19M	4.23M
Deferred Tax Assets Long-Term	301M	290M	382M	531M	567M
Deferred Charges Long-Term	164M	162M	170M	185M	207M
Other Long-Term Assets, Total	20.71M	19.4M	81.9M	65.61M	48.36M
Total Assets	4.11B	4.76B	5.42B	5.63B	6.75B
Liabilities
Accounts Payable, Total	1.03B	1.52B	1.67B	1.66B	2.13B
Accrued Expenses, Total	139M	197M	240M	390M	453M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	14.07M	329M	42.46M	42.92M	38.6M
Current Portion of Leases	22.47M	31.41M	35.11M	36.68M	39.52M
Current Income Taxes Payable	22.12M	25.63M	23.85M	13.41M	15.62M
Unearned Revenue Current, Total	975M	1.09B	1.35B	1.03B	1.36B
Other Current Liabilities	124M	232M	312M	439M	325M
Total Current Liabilities	2.33B	3.43B	3.67B	3.61B	4.36B
Long-Term Debt	350M	63.49M	257M	266M	272M
Long-Term Leases	101M	158M	141M	155M	139M
Unearned Revenue Non Current	131M	148M	155M	178M	204M
Pension & Other Post Retirement Benefits	2.52M	2.36M	2.51M	2.97M	3.16M
Deferred Tax Liability Non Current	96.9M	13.16M	75.4M	204M	309M
Other Non Current Liabilities	34.87M	66.55M	141M	220M	184M
Total Liabilities	3.05B	3.88B	4.44B	4.63B	5.47B
Common Stock, Total	160M	212M	236M	236M	236M
Additional Paid In Capital	762M	1.31B	-	-	-
Retained Earnings	-223M	-473M	-491M	-197M	294M
Comprehensive Income and Other	364M	-166M	1.23B	951M	747M
Total Common Equity	1.06B	878M	977M	991M	1.28B
Minority Interest	-	-	1.52M	5.96M	5.85M
Total Equity	1.06B	878M	978M	997M	1.28B
Total Liabilities And Equity	4.11B	4.76B	5.42B	5.63B	6.75B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	160M	212M	236M	236M	236M
ECS Total Common Shares Outstanding	160M	212M	236M	236M	236M
Book Value / Share	6.64	4.14	4.13	4.19	5.4
Tangible Book Value	498M	318M	415M	427M	716M
Tangible Book Value Per Share	3.11	1.5	1.75	1.81	3.03
Total Debt	487M	582M	475M	501M	489M
Net Debt	-297M	-51.65M	-454M	-654M	-1.45B
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.52M	2.36M	2.51M	2.97M	3.16M
Debt Equivalent Oper. Leases	182M	166M	195M	215M	242M
Minority Interest, Total (Incl. Fin. Div)	-	-	1.52M	5.96M	5.85M
Equity Method Investments, Total	9.34M	70.68M	85.6M	100M	96.78M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	395M	462M	591M	616M	571M
Inventories - Work In Process, Total	259M	524M	542M	191M	336M
Inventories - Others	69.1M	117M	132M	102M	101M
Land - (BS)	293M	312M	327M	343M	321M
Machinery, Total	647M	868M	920M	973M	975M
Full Time Employees	8.4K	8.84K	9.83K	10.01K	10.74K
Part Time Employees	260	273	304	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	10.85M	10.04M	16.13M	36.25M	55.36M
Order Backlog	9.22B	9.79B	10.54B	12.78B	16.09B

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-230M	-498M	-303M	8.84M	274M
Depreciation & Amortization - CF	114M	137M	147M	141M	132M
Amortization of Goodwill and Intangible Assets - (CF)	8.05M	4.76M	3.75M	4.74M	10.19M
Depreciation & Amortization, Total	122M	142M	150M	146M	142M
Amortization of Deferred Charges, Total - (CF)	38.27M	33.64M	38.07M	35.27M	32.77M
(Gain) Loss From Sale Of Asset	374K	-7.1M	-40K	13.35M	31.81M
(Gain) Loss on Sale of Investments - (CF)	-	7M	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	6.87M
Other Operating Activities, Total	45.91M	-193M	-22.48M	-22.73M	94.29M
Change In Accounts Receivable	-45.72M	-191M	-87.36M	-102M	-422M
Change In Inventories	480M	-381M	-163M	356M	-98.57M
Change In Accounts Payable	-62.96M	487M	150M	-12.25M	468M
Change in Unearned Revenues	-108M	108M	266M	-324M	324M
Change in Other Net Operating Assets	-112M	143M	131M	332M	163M
Cash from Operations	128M	-350M	161M	430M	1.02B
Capital Expenditure	-170M	-205M	-133M	-164M	-172M
Sale of Property, Plant, and Equipment	17.45M	25.98M	8.67M	7.19M	13.5M
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-853K	14.96M	-18.86M	-13.65M	2.39M
Other Investing Activities, Total	967K	626K	1.9M	11.56M	3.26M
Cash from Investing	-152M	-164M	-141M	-159M	-153M
Short Term Debt Issued, Total	215M	11M	275M	-	-
Long-Term Debt Issued, Total	3.95M	22.73M	344M	6.39M	21.25M
Total Debt Issued	219M	33.73M	619M	6.39M	21.25M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-528M	-30M	-332M	-48.78M	-64.78M
Total Debt Repaid	-528M	-30M	-332M	-48.78M	-64.78M
Issuance of Common Stock	371M	342M	-	-	-
Other Financing Activities, Total	-	-	-723K	4.5M	-
Cash from Financing	62.34M	346M	286M	-37.88M	-43.54M
Foreign Exchange Rate Adjustments	-31.73M	17.47M	-13.3M	-7.27M	-42.27M
Miscellaneous Cash Flow Adjustments	-	-7K	-	-	-2K
Net Change in Cash	6.08M	-151M	292M	226M	777M
Supplemental Items
Cash Interest Paid	103M	106M	122M	102M	95.96M
Cash Income Tax Paid (Refund)	8.26M	12.98M	39.25M	50.99M	50.94M
Levered Free Cash Flow	45.16M	-279M	92.4M	166M	684M
Unlevered Free Cash Flow	122M	-216M	177M	236M	743M
Change In Net Working Capital	-208M	-161M	-231M	-109M	-387M
Net Debt Issued / Repaid	-309M	3.72M	286M	-42.38M	-43.54M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-1.8	-7.84	-2.19	1.92	5.57
Return on Total Capital	-4.73	-23.08	-7.67	7.18	21.08
Return On Equity %	-25.07	-51.3	-32.63	0.89	24.07
Return on Common Equity	-25.07	-51.3	-32.66	0.9	24.2
Margin Analysis
Gross Profit Margin %	14.57	8.07	14.59	20.48	26.48
SG&A Margin	9.15	10.27	10.13	10.4	11.33
EBITDA Margin %	-0.53	-7.83	-1.03	3.76	8.62
EBITA Margin %	-2.11	-9.68	-2.7	2.39	7.43
EBIT Margin %	-2.25	-9.76	-2.75	2.32	7.3
Income From Continuing Operations Margin %	-4.23	-8.74	-4.67	0.12	3.63
Net Income Margin %	-4.23	-8.74	-4.67	0.12	3.63
Net Avail. For Common Margin %	-4.23	-8.74	-4.67	0.12	3.63
Normalized Net Income Margin	-2.61	-7.07	-3.02	0.3	3.4
Levered Free Cash Flow Margin	0.83	-4.91	1.42	2.28	9.05
Unlevered Free Cash Flow Margin	2.24	-3.79	2.73	3.23	9.84
Asset Turnover
Asset Turnover	1.28	1.28	1.28	1.32	1.22
Fixed Assets Turnover	11.44	10.33	11.34	13.5	14.82
Receivables Turnover (Average Receivables)	7.97	7.1	6.89	7.03	5.81
Inventory Turnover (Average Inventory)	4.83	5.73	4.68	5.34	5.79
Short Term Liquidity
Current Ratio	1.07	0.86	0.97	1	1.09
Quick Ratio	0.74	0.53	0.61	0.73	0.85
Operating Cash Flow to Current Liabilities	0.05	-0.1	0.04	0.12	0.23
Days Sales Outstanding (Average Receivables)	45.77	51.44	53	52.03	62.82
Days Outstanding Inventory (Average Inventory)	75.53	63.65	78	68.58	63.01
Average Days Payable Outstanding	93.12	82.94	102	111.74	122.13
Cash Conversion Cycle (Average Days)	28.18	32.15	29.01	8.87	3.7
Long Term Solvency
Total Debt/Equity	45.84	66.27	48.57	50.23	38.09
Total Debt / Total Capital	31.43	39.86	32.69	33.43	27.59
LT Debt/Equity	42.4	25.23	40.64	42.24	32.01
Long-Term Debt / Total Capital	29.07	15.18	27.35	28.12	23.18
Total Liabilities / Total Assets	74.14	81.54	81.96	82.3	80.99
EBIT / Interest Expense	-1	-5.46	-1.32	1.53	5.8
EBITDA / Interest Expense	-0.01	-4.07	-0.21	2.85	7.29
(EBITDA - Capex) / Interest Expense	-1.39	-6.09	-1.19	1.36	5.48
Total Debt / EBITDA	-480.28	-1.41	-16.82	1.59	0.71
Net Debt / EBITDA	293.33	0.12	16.08	-2.07	-2.09
Total Debt / (EBITDA - Capex)	-2.85	-0.94	-2.95	3.31	0.94
Net Debt / (EBITDA - Capex)	1.74	0.08	2.82	-4.33	-2.79
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	17.06	4.59	13.97	12.48	3.49
Gross Profit, 1 Yr. Growth %	55.65	-42.08	106.01	57.95	33.79
EBITDA, 1 Yr. Growth %	-91.39	1.31K	-85.05	-504.89	136.96
EBITA, 1 Yr. Growth %	-72.08	369.06	-68.25	-198.96	222.17
EBIT, 1 Yr. Growth %	-70.88	342.76	-67.85	-194.27	225.16
Earnings From Cont. Operations, 1 Yr. Growth %	77.45	116.27	-39.17	-102.9	3.02K
Net Income, 1 Yr. Growth %	77.45	116.27	-39.16	-102.92	3.01K
Normalized Net Income, 1 Yr. Growth %	-55.91	180.23	-51.4	-110.97	1.09K
Diluted EPS Before Extra, 1 Yr. Growth %	38.84	61.31	-50.92	-102.81	2.92K
Accounts Receivable, 1 Yr. Growth %	7.18	27.2	9.76	10.43	38.74
Inventory, 1 Yr. Growth %	-39.9	52.69	14.73	-28.15	10.84
Net Property, Plant and Equip., 1 Yr. Growth %	11.53	19.62	-9.36	-1.26	-10.22
Total Assets, 1 Yr. Growth %	-6.86	15.8	13.99	3.86	19.9
Tangible Book Value, 1 Yr. Growth %	139.96	-36.19	30.52	2.91	67.8
Common Equity, 1 Yr. Growth %	37.34	-17.35	11.22	1.44	28.95
Cash From Operations, 1 Yr. Growth %	-136.22	-374.44	-146.05	166.6	136.48
Capital Expenditures, 1 Yr. Growth %	3.54	21.06	-35.3	23.56	4.85
Levered Free Cash Flow, 1 Yr. Growth %	-118.62	-743.19	-133.39	81.43	311.28
Unlevered Free Cash Flow, 1 Yr. Growth %	-167.32	-279.54	-183.02	33.69	215.59
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	28.74	10.64	9.18	13.22	7.89
Gross Profit, 2 Yr. CAGR %	3.19	-5.05	9.24	80.39	45.37
EBITDA, 2 Yr. CAGR %	-42.82	15.57	45.39	-21.52	209.75
EBITA, 2 Yr. CAGR %	127.03	15.81	22.03	-43.76	78.56
EBIT, 2 Yr. CAGR %	288.63	14.83	19.31	-44.77	75.08
Earnings From Cont. Operations, 2 Yr. CAGR %	78.09	95.9	14.7	-86.72	-4.82
Net Income, 2 Yr. CAGR %	78.09	95.9	14.71	-86.68	-4.8
Normalized Net Income, 2 Yr. CAGR %	69.67	11.84	16.7	-76.87	14.41
Diluted EPS Before Extra, 2 Yr. CAGR %	51.57	49.66	-11.02	-88.26	-7.82
Accounts Receivable, 2 Yr. CAGR %	40.21	16.76	18.16	10.09	23.78
Inventory, 2 Yr. CAGR %	-28.12	-4.21	32.36	-9.21	-10.76
Net Property, Plant and Equip., 2 Yr. CAGR %	6.79	15.5	4.12	-5.4	-5.85
Total Assets, 2 Yr. CAGR %	1.3	3.86	14.89	8.8	11.59
Tangible Book Value, 2 Yr. CAGR %	71	23.74	-8.74	15.9	31.41
Common Equity, 2 Yr. CAGR %	19.39	6.54	-4.12	6.22	14.37
Cash From Operations, 2 Yr. CAGR %	83.26	-0.3	12.41	10.8	151.09
Capital Expenditures, 2 Yr. CAGR %	-1.12	11.95	-11.5	-10.59	13.82
Levered Free Cash Flow, 2 Yr. CAGR %	-24.05	7.3	45.87	-22.48	173.17
Unlevered Free Cash Flow, 2 Yr. CAGR %	84.83	9.15	21.36	5.13	105.41
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	30.33	20.13	11.74	10.27	9.88
Gross Profit, 3 Yr. CAGR %	7.9	-14.88	22.92	23.52	63.28
EBITDA, 3 Yr. CAGR %	-19.9	71.8	-41.56	105.75	13.43
EBITA, 3 Yr. CAGR %	390.65	191.47	-24.77	14.05	0.63
EBIT, 3 Yr. CAGR %	40.04	308.93	-24.88	10.54	-0.27
Earnings From Cont. Operations, 3 Yr. CAGR %	40.01	90	32.66	-66.34	-18.01
Net Income, 3 Yr. CAGR %	40.01	90	32.66	-66.27	-18
Normalized Net Income, 3 Yr. CAGR %	35.06	101.37	-15.29	-46.87	-13.89
Diluted EPS Before Extra, 3 Yr. CAGR %	24.78	54.75	3.2	-71.88	-25.29
Accounts Receivable, 3 Yr. CAGR %	39.86	35.73	14.38	15.52	18.92
Inventory, 3 Yr. CAGR %	-1.81	-7.6	1.73	7.97	-2.96
Net Property, Plant and Equip., 3 Yr. CAGR %	27.3	10.91	6.54	2.3	-7.03
Total Assets, 3 Yr. CAGR %	10.33	5.92	7.13	11.09	12.39
Tangible Book Value, 3 Yr. CAGR %	58.56	23.11	25.96	-5.01	31.11
Common Equity, 3 Yr. CAGR %	15.07	5.61	8.08	-2.3	13.31
Cash From Operations, 3 Yr. CAGR %	0.7	109.67	-22.93	49.91	42.65
Capital Expenditures, 3 Yr. CAGR %	14.28	5.78	-6.75	-1.09	-5.71
Levered Free Cash Flow, 3 Yr. CAGR %	-34.35	52.8	-27.51	56.45	35.2
Unlevered Free Cash Flow, 3 Yr. CAGR %	-13.23	82.18	-0.76	25.16	51.65
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.9	13.09	21.42	17.32	10.19
Gross Profit, 5 Yr. CAGR %	-0.54	-10.71	8.43	14.95	31.45
EBITDA, 5 Yr. CAGR %	-34.68	23.24	3.56	25.58	14.28
EBITA, 5 Yr. CAGR %	-9.93	43.11	182.57	50.93	6.45
EBIT, 5 Yr. CAGR %	-5.88	63.55	31.93	83.6	5.52
Earnings From Cont. Operations, 5 Yr. CAGR %	19.27	332.48	29.28	-34.45	16.16
Net Income, 5 Yr. CAGR %	19.27	332.48	29.28	-34.37	16.17
Normalized Net Income, 5 Yr. CAGR %	9.45	110.85	27.7	-15.26	-4.4
Diluted EPS Before Extra, 5 Yr. CAGR %	10.33	280.63	8.99	-44.83	-1.36
Accounts Receivable, 5 Yr. CAGR %	0.2	8.66	30.74	24.83	18.05
Inventory, 5 Yr. CAGR %	29.62	41.34	10.65	-8.25	-3.46
Net Property, Plant and Equip., 5 Yr. CAGR %	15.39	18.71	17.47	4.07	1.4
Total Assets, 5 Yr. CAGR %	6.53	11.12	12.13	7.07	8.89
Tangible Book Value, 5 Yr. CAGR %	12.4	1.22	27.13	20.17	28.11
Common Equity, 5 Yr. CAGR %	2.48	-0.91	6.97	5.85	10.55
Cash From Operations, 5 Yr. CAGR %	-2.45	30.81	5.23	62.45	23.61
Capital Expenditures, 5 Yr. CAGR %	10.07	6.33	3.17	-1.1	0.99
Levered Free Cash Flow, 5 Yr. CAGR %	-21.25	61.48	-10.35	16.26	23.04
Unlevered Free Cash Flow, 5 Yr. CAGR %	-6.53	118.18	-1.05	45.86	32.64