Cash flow Telecom Italia S.p.A.

Equities

TIT

IT0003497168

Integrated Telecommunications Services

Market Closed - Borsa Italiana Other stock markets 16:45:00 18/11/2025 GMT			5-day change	1st Jan Change
0.4684 ^EUR	0.00%		-5.53%	+89.94%

11-18	Milan in last place; Hera the only one in the green	AN
11-18	Italy Considers Extending 5G Licenses with Lower Fees in Exchange for Investment Commitments	RE

70a3d07366131cb110db9c3d352d8c27.P3pG9EOJvK8VYVT8p0VQ2Ts1FCXc4qow85H8rJY3Gww.ayB_wDPMysxwDgG2ziom9EEMOXKQoORgkOOwy_VQTFh5CSLGB_6N-mwmMw

Published financial data: TELECOM ITALIA S.P.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	15.8B	15.32B	15.79B	16.3B	14.44B
Other Revenues, Total	-	-	-	-	42M
Total Revenues	15.8B	15.32B	15.79B	16.3B	14.48B
Cost of Goods Sold, Total	7.55B	7.78B	8.18B	8.22B	8.75B
Gross Profit	8.26B	7.54B	7.61B	8.08B	5.73B
Selling General & Admin Expenses, Total	632M	815M	1.03B	1.17B	325M
Depreciation & Amortization - (IS)	4.62B	4.49B	4.78B	4.86B	3.19B
Other Operating Expenses	720M	649M	686M	679M	562M
Other Operating Expenses, Total	5.97B	5.95B	6.5B	6.71B	4.08B
Operating Income	2.29B	1.59B	1.12B	1.36B	1.66B
Interest Expense, Total	-1.17B	-1.11B	-1.32B	-1.73B	-1.35B
Interest And Investment Income	522M	229M	354M	217M	305M
Net Interest Expenses	-651M	-885M	-967M	-1.51B	-1.05B
Income (Loss) On Equity Invest.	18M	38M	23M	-29M	-20M
Currency Exchange Gains (Loss)	-51M	39M	23M	-3M	22M
Other Non Operating Income (Expenses)	101M	-37M	-125M	26M	-66M
EBT, Excl. Unusual Items	1.71B	742M	69M	-157M	543M
Restructuring Charges	-34M	-8M	-	-	-
Impairment of Goodwill	-	-4.12B	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-11M	1M	36M	-11M	-77M
Asset Writedown	-8M	-	-	-	-14M
Legal Settlements	-	-	-	-	-
Other Unusual Items	-258M	-1.13B	-693M	-712M	-195M
EBT, Incl. Unusual Items	1.4B	-4.52B	-588M	-880M	257M
Income Tax Expense	-5.96B	3.88B	2.07B	227M	174M
Earnings From Continuing Operations	7.35B	-8.4B	-2.65B	-1.11B	83M
Earnings Of Discontinued Operations	-	-	-	-	-447M
Net Income to Company	7.35B	-8.4B	-2.65B	-1.11B	-364M
Minority Interest	-128M	-252M	-271M	-334M	-246M
Net Income - (IS)	7.22B	-8.65B	-2.92B	-1.44B	-610M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	7.22B	-8.65B	-2.92B	-1.44B	-610M
Net Income to Common Excl. Extra Items	7.22B	-8.65B	-2.92B	-1.44B	-163M
Per Share Items
Net EPS - Basic	0.34	-0.41	-0.14	-0.07	-0.03
Basic EPS - Continuing Operations	0.34	-0.41	-0.14	-0.07	-0.01
Basic Weighted Average Shares Outstanding	21.08B	21.21B	21.24B	21.25B	21.26B
Net EPS - Diluted	0.34	-0.41	-0.14	-0.07	-0.03
Diluted EPS - Continuing Operations	0.34	-0.41	-0.14	-0.07	-0.01
Diluted Weighted Average Shares Outstanding	21.08B	21.21B	21.24B	21.25B	21.26B
Normalized Basic EPS	0.04	0.01	-0.01	-0.02	0
Normalized Diluted EPS	0.04	0.01	-0.01	-0.02	0
Dividend Per Share	0.01	-	-	-	-
Payout Ratio	5.4	-4.25	-2.32	-13.12	-26.07
American Depositary Receipts Ratio (ADR)	10	10	10	10	10
Supplemental Items
EBITDA	6.22B	5.38B	4.98B	5.26B	4.27B
EBITA	3.92B	3.1B	2.63B	2.9B	3.07B
EBIT	2.29B	1.59B	1.12B	1.36B	1.66B
EBITDAR	6.66B	5.98B	5.78B	6.2B	4.36B
Total Revenues (As Reported)	16.02B	15.59B	16B	16.5B	14.68B
Effective Tax Rate - (Ratio)	-426.27	-86.05	-351.36	-25.8	67.7
Total Current Taxes	580M	11M	-580M	78M	92M
Total Deferred Taxes	-6.54B	3.87B	2.65B	149M	82M
Normalized Net Income	940M	212M	-228M	-432M	93.38M
Interest Capitalized	-	-	48M	18M	-
Interest on Long-Term Debt	1.16B	1.11B	1.19B	1.3B	1.04B
Non-Cash Pension Expense	5M	5M	12M	17M	6M
Supplemental Operating Expense Items
Advertising Expense	196M	212M	235M	237M	234M
Selling and Marketing Expenses	196M	212M	235M	237M	234M
Research And Development Expense From Footnotes	79M	56M	49M	48M	35M
Net Rental Expense, Total	436M	603M	798M	935M	91M
Imputed Operating Lease Interest Expense	124M	162M	263M	403M	40.89M
Imputed Operating Lease Depreciation	312M	441M	535M	532M	50.11M
Maintenance & Repair Expenses, Total	277M	291M	518M	532M	310M
Stock-Based Comp., COGS (Total)	2.6M	7M	4M	3M	2M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	2.6M	7M	4M	3M	2M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.83B	6.9B	3.56B	2.91B	2.92B
Short Term Investments	767M	1.52B	1.04B	1.52B	1.12B
Trading Asset Securities, Total	472M	855M	537M	540M	530M
Total Cash And Short Term Investments	6.07B	9.27B	5.13B	4.97B	4.57B
Accounts Receivable, Total	3.02B	2.79B	2.99B	3.16B	2.4B
Other Receivables	558M	567M	551M	1.1B	845M
Notes Receivable	-	-	-	-	-
Total Receivables	3.58B	3.36B	3.54B	4.26B	3.25B
Inventory	242M	282M	322M	345M	297M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	922M	1.15B	1.24B	1.31B	1.07B
Total Current Assets	10.81B	14.07B	10.23B	10.88B	9.19B
Gross Property Plant And Equipment	84.36B	85.86B	91.17B	94.73B	32.25B
Accumulated Depreciation	-66.23B	-67.7B	-71.58B	-74.52B	-24.23B
Net Property Plant And Equipment	18.13B	18.16B	19.59B	20.21B	8.03B
Long-term Investments	4.8B	5.17B	2.21B	1.74B	1.05B
Goodwill	22.85B	18.57B	19.11B	19.17B	11.03B
Other Intangibles, Total	6.74B	7.15B	7.66B	7.12B	6.01B
Accounts Receivable Long-Term	43M	45M	49M	112M	40M
Deferred Tax Assets Long-Term	7.5B	3.51B	769M	701M	513M
Deferred Charges Long-Term	1.6B	1.83B	1.8B	1.8B	1.25B
Other Long-Term Assets, Total	769M	683M	608M	430M	557M
Total Assets	73.23B	69.19B	62.03B	62.16B	37.66B
Liabilities
Accounts Payable, Total	4.13B	5.16B	5.3B	5.44B	4.35B
Accrued Expenses, Total	867M	834M	1.18B	1.42B	1.16B
Current Portion of Long-Term Debt	3.68B	5.94B	5.04B	5.77B	3.87B
Current Portion of Leases	631M	651M	870M	838M	523M
Current Income Taxes Payable	271M	295M	34M	27M	44M
Unearned Revenue Current, Total	827M	823M	899M	879M	910M
Other Current Liabilities	761M	2.66B	825M	1.65B	656M
Total Current Liabilities	11.17B	16.36B	14.14B	16.02B	11.51B
Long-Term Debt	23.66B	23.44B	21.74B	21.28B	8.73B
Long-Term Leases	4.2B	4.06B	4.6B	4.74B	2.42B
Unearned Revenue Non Current	860M	723M	688M	707M	503M
Pension & Other Post Retirement Benefits	724M	699M	684M	511M	200M
Deferred Tax Liability Non Current	277M	245M	84M	83M	61M
Other Non Current Liabilities	3.51B	1.62B	1.37B	1.3B	878M
Total Liabilities	44.39B	47.15B	43.3B	44.65B	24.3B
Common Stock, Total	11.68B	11.68B	11.68B	11.68B	11.68B
Additional Paid In Capital	2.13B	2.13B	2.13B	575M	-
Retained Earnings	7.22B	-8.65B	-2.92B	-1.44B	-610M
Treasury Stock	-89M	-63M	-63M	-57M	-53M
Comprehensive Income and Other	5.27B	12.32B	4.24B	2.89B	943M
Total Common Equity	26.22B	17.41B	15.06B	13.65B	11.96B
Minority Interest	2.62B	4.62B	3.66B	3.87B	1.4B
Total Equity	28.84B	22.04B	18.72B	17.51B	13.36B
Total Liabilities And Equity	73.23B	69.19B	62.03B	62.16B	37.66B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	21.2B	21.24B	21.24B	21.25B	21.26B
ECS Total Common Shares Outstanding	21.2B	21.24B	21.24B	21.25B	21.26B
Book Value / Share	1.24	0.82	0.71	0.64	0.56
Tangible Book Value	-3.37B	-8.3B	-11.71B	-12.65B	-5.08B
Tangible Book Value Per Share	-0.16	-0.39	-0.55	-0.6	-0.24
Total Debt	32.16B	34.1B	32.24B	32.64B	15.54B
Net Debt	26.09B	24.82B	27.11B	27.67B	10.97B
Debt Equivalent Oper. Leases	3.49B	4.82B	6.38B	7.48B	728M
Minority Interest, Total (Incl. Fin. Div)	2.62B	4.62B	3.66B	3.87B	1.4B
Equity Method Investments, Total	2.73B	2.98B	539M	537M	265M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2M	2M	2M	2M	3M
Inventories - Work In Process, Total	2M	5M	8M	2M	2M
Inventories - Finished Goods, Total	238M	246M	274M	314M	251M
Inventories - Others	-	29M	38M	27M	41M
Land - (BS)	229M	232M	232M	229M	46M
Buildings, Total	1.91B	1.96B	2.05B	2.05B	440M
Machinery, Total	70.12B	70.85B	74.15B	76.6B	21.72B
Full Time Employees	52.34K	51.91K	50.38K	47.15K	26.82K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	627M	565M	499M	463M	388M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	7.22B	-8.65B	-2.92B	-1.44B	-610M
Depreciation & Amortization - CF	2.99B	2.98B	3.26B	3.32B	1.77B
Amortization of Goodwill and Intangible Assets - (CF)	1.63B	1.51B	1.52B	1.54B	1.42B
Depreciation & Amortization, Total	4.62B	4.49B	4.78B	4.86B	3.19B
(Gain) Loss From Sale Of Asset	-441M	-120M	-242M	-35M	-73M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	36M	4.12B	9M	-6M	94M
(Income) Loss On Equity Investments - (CF)	-18M	-38M	-23M	29M	20M
Net Cash From Discontinued Operations	-	-	-	-	-672M
Other Operating Activities, Total	128M	252M	271M	334M	693M
Change In Accounts Receivable	484M	257M	-81M	-39M	138M
Change In Inventories	20M	-39M	-35M	-31M	-23M
Change In Accounts Payable	-231M	337M	484M	191M	-80M
Change In Income Taxes	708M	-313M	-478M	-21M	72M
Change In Deferred Taxes	-6.54B	3.89B	2.64B	148M	82M
Change in Other Net Operating Assets	563M	150M	493M	-48M	-251M
Cash from Operations	6.55B	4.34B	4.9B	3.94B	2.58B
Capital Expenditure	-3.48B	-4.01B	-6.3B	-3.97B	-1.95B
Sale of Property, Plant, and Equipment	678M	4M	62M	11M	280M
Cash Acquisitions	-7M	-	-1.32B	19M	-4M
Divestitures	-33M	172M	1.28B	-	4.17B
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-11M	-100M	-26M	-49M	-34M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-251M	-1.18B	969M	-919M	2.9B
Other Investing Activities, Total	24M	3M	3M	758M	-414M
Cash from Investing	-3.08B	-5.12B	-5.34B	-4.15B	4.94B
Short Term Debt Issued, Total	-	704M	-	241M	-
Long-Term Debt Issued, Total	1.47B	4.08B	2.29B	4.04B	1.89B
Total Debt Issued	1.47B	4.79B	2.29B	4.28B	1.89B
Short Term Debt Repaid, Total	-1.77B	-	-436M	-	-862M
Long-Term Debt Repaid, Total	-2.79B	-3.07B	-4.62B	-4.61B	-8.43B
Total Debt Repaid	-4.56B	-3.07B	-5.05B	-4.61B	-9.29B
Issuance of Common Stock	1.16B	-	2M	-	-
Common Dividends Paid	-390M	-368M	-68M	-189M	-159M
Common & Preferred Stock Dividends Paid	-390M	-368M	-68M	-189M	-159M
Other Financing Activities, Total	308M	1.82B	-40M	62M	160M
Cash from Financing	-2.01B	3.16B	-2.87B	-456M	-7.41B
Foreign Exchange Rate Adjustments	-159M	13M	-40M	18M	-101M
Net Change in Cash	1.31B	2.4B	-3.35B	-643M	12M
Supplemental Items
Cash Interest Paid	1.52B	1.44B	1.67B	2.1B	1.84B
Cash Income Tax Paid (Refund)	-223M	242M	-164M	117M	30M
Levered Free Cash Flow	5.84B	3.64B	-3.49B	1.03B	429M
Unlevered Free Cash Flow	6.57B	4.33B	-2.67B	2.11B	1.27B
Change In Net Working Capital	-4B	-2.86B	1.84B	-366M	997M
Net Debt Issued / Repaid	-3.09B	1.71B	-2.76B	-329M	-7.41B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	2	1.39	1.06	1.37	2.07
Return on Total Capital	2.43	1.69	1.3	1.68	2.62
Return On Equity %	28.57	-33.02	-13.02	-6.11	0.54
Return on Common Equity	31.07	-39.66	-18.01	-10.04	-1.27
Margin Analysis
Gross Profit Margin %	52.26	49.24	48.21	49.56	39.57
SG&A Margin	4	5.32	6.54	7.19	2.24
EBITDA Margin %	39.35	35.14	31.54	32.3	29.47
EBITA Margin %	24.79	20.23	16.67	17.81	21.22
EBIT Margin %	14.5	10.36	7.06	8.36	11.43
Income From Continuing Operations Margin %	46.52	-54.84	-16.81	-6.79	0.57
Net Income Margin %	45.71	-56.49	-18.53	-8.84	-4.21
Net Avail. For Common Margin %	45.71	-56.49	-18.53	-8.84	-1.13
Normalized Net Income Margin	5.94	1.38	-1.44	-2.65	0.64
Levered Free Cash Flow Margin	36.92	23.74	-22.12	6.34	2.96
Unlevered Free Cash Flow Margin	41.56	28.29	-16.89	12.97	8.8
Asset Turnover
Asset Turnover	0.22	0.22	0.24	0.26	0.29
Fixed Assets Turnover	0.84	0.84	0.84	0.82	1.03
Receivables Turnover (Average Receivables)	4.97	5.3	5.5	5.33	5.21
Inventory Turnover (Average Inventory)	30.06	29.68	27.08	24.65	27.27
Short Term Liquidity
Current Ratio	0.97	0.86	0.72	0.68	0.8
Quick Ratio	0.86	0.77	0.61	0.58	0.68
Operating Cash Flow to Current Liabilities	0.59	0.26	0.35	0.25	0.22
Days Sales Outstanding (Average Receivables)	73.71	68.86	66.32	68.54	70.21
Days Outstanding Inventory (Average Inventory)	12.17	12.3	13.48	14.81	13.42
Average Days Payable Outstanding	205.56	217.04	232.23	237.69	205.85
Cash Conversion Cycle (Average Days)	-119.68	-135.88	-152.43	-154.35	-122.22
Long Term Solvency
Total Debt/Equity	111.52	154.71	172.2	186.35	116.32
Total Debt / Total Capital	52.72	60.74	63.26	65.08	53.77
LT Debt/Equity	96.58	124.78	140.65	148.62	83.44
Long-Term Debt / Total Capital	45.66	48.99	51.67	51.9	38.57
Total Liabilities / Total Assets	60.62	68.15	69.81	71.83	64.52
EBIT / Interest Expense	1.95	1.42	0.84	0.79	1.22
EBITDA / Interest Expense	5.89	5.46	4.46	3.6	3.58
(EBITDA - Capex) / Interest Expense	2.92	1.85	-0.31	1.3	2.14
Total Debt / EBITDA	4.66	5.61	5.47	5.24	3.21
Net Debt / EBITDA	3.78	4.08	4.6	4.44	2.27
Total Debt / (EBITDA - Capex)	9.38	16.52	-78.08	14.47	5.38
Net Debt / (EBITDA - Capex)	7.61	12.03	-65.65	12.26	3.8
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-12.07	-3.09	3.08	3.22	1.21
Gross Profit, 1 Yr. Growth %	-15.66	-8.63	0.91	6.11	-6.31
EBITDA, 1 Yr. Growth %	-15.45	-14.72	-7.49	5.68	-6.63
EBITA, 1 Yr. Growth %	-19.81	-22.74	-15.07	10.26	-9.05
EBIT, 1 Yr. Growth %	-28.65	-33.4	-29.79	22.15	-13.71
Earnings From Cont. Operations, 1 Yr. Growth %	499.67	-214.25	-68.4	-58.29	-188.3
Net Income, 1 Yr. Growth %	688.65	-219.77	-66.19	-50.74	-57.67
Normalized Net Income, 1 Yr. Growth %	10.82	-79.02	-207.3	89.63	12.67
Diluted EPS Before Extra, 1 Yr. Growth %	702.2	-224.45	-66.25	-50.76	-61.93
Accounts Receivable, 1 Yr. Growth %	-9.63	-6.4	8.54	6.76	-23.37
Inventory, 1 Yr. Growth %	-6.92	16.53	14.18	7.14	-13.91
Net Property, Plant and Equip., 1 Yr. Growth %	-7.03	0.14	7.88	3.16	-60.28
Total Assets, 1 Yr. Growth %	4.46	-5.53	-10.35	0.21	-39.41
Tangible Book Value, 1 Yr. Growth %	-67.79	146.17	41.02	8.03	-59.8
Common Equity, 1 Yr. Growth %	29.27	-33.57	-13.51	-9.4	-12.38
Cash From Operations, 1 Yr. Growth %	10.1	-33.81	12.89	-19.43	-19.86
Capital Expenditures, 1 Yr. Growth %	-4.71	15.42	57.11	-37.05	-10.04
Levered Free Cash Flow, 1 Yr. Growth %	-711.72	-38.29	-197.19	-129.58	-74.99
Unlevered Free Cash Flow, 1 Yr. Growth %	-5.19K	-34.61	-161.52	-179.3	-52.59
Dividend Per Share, 1 Yr. Growth %	0	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-8.65	-7.69	-0.05	3.15	-4.22
Gross Profit, 2 Yr. CAGR %	-8.15	-12.24	-3.97	3.48	-13.23
EBITDA, 2 Yr. CAGR %	-9.13	-14.46	-11.17	-1.12	-7.42
EBITA, 2 Yr. CAGR %	-10.36	-20.37	-18.98	-3.23	8.07
EBIT, 2 Yr. CAGR %	-16.39	-29.7	-31.6	-7.39	21.83
Earnings From Cont. Operations, 2 Yr. CAGR %	152.63	161.75	-39.92	-63.7	-82.32
Net Income, 2 Yr. CAGR %	126.27	207.33	-36.37	-59.19	-54.33
Normalized Net Income, 2 Yr. CAGR %	-6.91	-50.02	-52.49	42.64	-35.99
Diluted EPS Before Extra, 2 Yr. CAGR %	126.2	209.04	-35.19	-59.23	-76.4
Accounts Receivable, 2 Yr. CAGR %	-7.05	-8.59	0.02	7.18	-9.88
Inventory, 2 Yr. CAGR %	-21.13	4.14	15.35	10.61	-3.96
Net Property, Plant and Equip., 2 Yr. CAGR %	5.97	-3.51	3.93	5.49	-35.99
Total Assets, 2 Yr. CAGR %	5.64	-0.66	-7.97	-5.22	-22.08
Tangible Book Value, 2 Yr. CAGR %	-54.28	-10.96	86.32	23.43	-34.1
Common Equity, 2 Yr. CAGR %	15.86	-7.34	-24.2	-11.48	-10.9
Cash From Operations, 2 Yr. CAGR %	19.44	-14.63	-13.56	-4.63	-27.41
Capital Expenditures, 2 Yr. CAGR %	-12.4	4.87	34.66	-0.55	-44.33
Levered Free Cash Flow, 2 Yr. CAGR %	334.65	95.25	-23.03	-46.38	-64.96
Unlevered Free Cash Flow, 2 Yr. CAGR %	148.33	479.72	-36.57	-30.15	-30.86
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-7.28	-6.83	-4.23	1.02	-1.84
Gross Profit, 3 Yr. CAGR %	-6.86	-8.33	-8.06	-0.72	-8.75
EBITDA, 3 Yr. CAGR %	-9.05	-10.6	-12.19	-5.87	-7.44
EBITA, 3 Yr. CAGR %	-11.15	-14.03	-18.63	-10.22	-0.27
EBIT, 3 Yr. CAGR %	-15.46	-21.47	-29.71	-17.01	1.39
Earnings From Cont. Operations, 3 Yr. CAGR %	78.76	93.91	29.36	-46.8	-78.54
Net Income, 3 Yr. CAGR %	86.09	83.03	47.26	-41.57	-58.69
Normalized Net Income, 3 Yr. CAGR %	-13.87	-41.98	-35.46	-24.64	-23.96
Diluted EPS Before Extra, 3 Yr. CAGR %	91.19	82.64	47.72	-40.86	-73.41
Accounts Receivable, 3 Yr. CAGR %	-5.48	-7.22	-3.7	1.92	-4.39
Inventory, 3 Yr. CAGR %	-5.85	-10.17	7.39	12.55	1.74
Net Property, Plant and Equip., 3 Yr. CAGR %	3.1	3.99	0.14	3.68	-23.82
Total Assets, 3 Yr. CAGR %	2.11	1.78	-4	-5.32	-18.35
Tangible Book Value, 3 Yr. CAGR %	-39.33	-19.86	3.79	55.37	-15.08
Common Equity, 3 Yr. CAGR %	6.74	-3.75	-9.44	-19.56	-11.78
Cash From Operations, 3 Yr. CAGR %	6.66	-1.89	-6.3	-15.56	-15.9
Capital Expenditures, 3 Yr. CAGR %	4.79	-3.97	20	4.51	-21.33
Levered Free Cash Flow, 3 Yr. CAGR %	128.05	127.5	54.11	-44.04	-50.77
Unlevered Free Cash Flow, 3 Yr. CAGR %	69.16	59.63	174.48	-31.67	-33.5
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-4.33	-4.24	-4.45	-2.96	-4.23
Gross Profit, 5 Yr. CAGR %	-4.55	-5.9	-5.73	-3.78	-10.16
EBITDA, 5 Yr. CAGR %	-4.95	-7.78	-9.64	-6.92	-10.31
EBITA, 5 Yr. CAGR %	-7.12	-10.91	-13.97	-9.86	-8.85
EBIT, 5 Yr. CAGR %	-10	-15.93	-21.71	-16.1	-12.41
Earnings From Cont. Operations, 5 Yr. CAGR %	171.32	34.35	15.58	-0.79	-41.64
Net Income, 5 Yr. CAGR %	152.78	36.77	21.14	0.42	-7.81
Normalized Net Income, 5 Yr. CAGR %	42.33	-34.14	-31.13	-16.8	-35.67
Diluted EPS Before Extra, 5 Yr. CAGR %	60.12	38.08	22.94	0.25	-29.08
Accounts Receivable, 5 Yr. CAGR %	-4.16	-7	-3.56	-2.01	-6.39
Inventory, 5 Yr. CAGR %	-0.96	0.87	2.12	-2.37	2.7
Net Property, Plant and Equip., 5 Yr. CAGR %	4.05	2.11	3.43	4.59	-16.27
Total Assets, 5 Yr. CAGR %	0.55	-0.36	-2.05	-1.08	-11.68
Tangible Book Value, 5 Yr. CAGR %	-28.71	-11.58	-4.96	-4.75	-13.45
Common Equity, 5 Yr. CAGR %	8.35	-3.86	-6.92	-6.92	-10.03
Cash From Operations, 5 Yr. CAGR %	5.34	-5.19	-1.94	-3	-15.4
Capital Expenditures, 5 Yr. CAGR %	0.06	-2.94	15.85	-2.61	-11.74
Levered Free Cash Flow, 5 Yr. CAGR %	166.39	1.16	47.98	27.31	-14.78
Unlevered Free Cash Flow, 5 Yr. CAGR %	42.17	0.04	14.46	14.7	58.12