Income Statement Zurn Elkay Water Solutions Corporation

Equities

ZWS

US98983L1089

Construction Supplies & Fixtures

Market Closed - Nyse Other stock markets 21:00:02 07/07/2025 BST			5-day change	1st Jan Change
37.03 ^USD	-1.41%		+1.26%	-0.72%

06-30	Zurn Elkay Water Solutions Corporation(NYSE:ZWS) dropped from Russell 2000 Value-Defensive Index	CI
06-30	Zurn Elkay Water Solutions Corporation(NYSE:ZWS) dropped from Russell 3000E Value Index	CI

bcc8f4a6.J2q512_td9VXh8RFI6BL-0P1IEyWSrpvkJsKREpXDNI.cDLMsQSFMpQ0qqU1TZQglRCtYX7_c8te4N46NBIbRJQRO8qkN4U8oibk9A

Published financial data: ZURN ELKAY WATER SOLUTIONS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	1.91B	911M	1.28B	1.53B	1.57B
Total Revenues	1.91B	911M	1.28B	1.53B	1.57B
Cost of Goods Sold, Total	1.17B	538M	816M	882M	860M
Gross Profit	737M	373M	466M	648M	707M
Selling General & Admin Expenses, Total	431M	234M	273M	351M	367M
R&D Expenses	-	-	-	23.7M	25.9M
Amortization of Goodwill and Intangible Assets - (IS)	36M	23.5M	34M	58.7M	59.1M
Other Operating Expenses, Total	467M	257M	307M	433M	452M
Operating Income	269M	116M	159M	215M	255M
Interest Expense, Total	-48.8M	-34.7M	-26.9M	-38.5M	-33.1M
Net Interest Expenses	-48.8M	-34.7M	-26.9M	-38.5M	-33.1M
Income (Loss) On Equity Invest.	267K	-	-	-	-
Currency Exchange Gains (Loss)	7.07M	-400K	-1M	-900K	800K
Other Non Operating Income (Expenses)	-1.87M	-4.2M	2.1M	-1.1M	-2.6M
EBT, Excl. Unusual Items	226M	76.5M	133M	174M	220M
Restructuring Charges	-20.53M	-3.7M	-15.4M	-15.3M	-13.5M
Merger & Related Restructuring Charges	-	-	-33.7M	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	1.07M	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	1M	-20.4M	-	-12.3M	-
EBT, Incl. Unusual Items	207M	52.4M	83.8M	147M	207M
Income Tax Expense	48.4M	2.7M	26.8M	42.6M	48.1M
Earnings From Continuing Operations	158M	49.7M	57M	104M	159M
Earnings Of Discontinued Operations	-1.8M	71.2M	4.7M	8.5M	1.3M
Net Income to Company	158M	121M	61.7M	113M	160M
Minority Interest	-533K	-	-	-	-
Net Income - (IS)	158M	121M	61.7M	113M	160M
Preferred Dividend and Other Adjustments	14.4M	-	-	-	-
Net Income to Common Incl Extra Items	158M	121M	61.7M	113M	160M
Net Income to Common Excl. Extra Items	158M	49.7M	57M	104M	159M
Per Share Items
Net EPS - Basic	1.31	1	0.41	0.65	0.93
Basic EPS - Continuing Operations	1.31	0.41	0.38	0.6	0.93
Basic Weighted Average Shares Outstanding	120M	121M	152M	174M	172M
Net EPS - Diluted	1.28	0.97	0.4	0.64	0.92
Diluted EPS - Continuing Operations	1.28	0.4	0.37	0.59	0.91
Diluted Weighted Average Shares Outstanding	123M	125M	154M	177M	175M
Normalized Basic EPS	1.17	0.39	0.55	0.63	0.8
Normalized Diluted EPS	1.14	0.38	0.54	0.61	0.79
Dividend Per Share	0.32	0.3	0.2	0.29	0.33
Payout Ratio	24.37	30.11	52.67	44.72	35.33
Supplemental Items
EBITDA	358M	193M	213M	303M	344M
EBITA	305M	149M	193M	274M	314M
EBIT	269M	116M	159M	215M	255M
EBITDAR	286M	203M	229M	324M	366M
Effective Tax Rate - (Ratio)	23.43	5.15	31.98	29.02	23.24
Current Domestic Taxes	33.33M	7.2M	16.7M	36.4M	56.1M
Current Foreign Taxes	24.93M	1M	1.8M	4.6M	5.3M
Total Current Taxes	58.27M	8.2M	18.5M	41M	61.4M
Deferred Domestic Taxes	-12.13M	-8.8M	3.4M	-7.5M	-13.5M
Deferred Foreign Taxes	2.27M	-100K	700K	1.3M	200K
Total Deferred Taxes	-9.87M	-8.9M	4.1M	-6.2M	-13.3M
Normalized Net Income	141M	47.81M	83.06M	109M	138M
Interest on Long-Term Debt	2.4M	-	-	1.5M	1.5M
Non-Cash Pension Expense	1.6M	1.7M	-1M	4.6M	3.6M
Supplemental Operating Expense Items
Advertising Expense	8M	8.2M	12.5M	18.4M	18.1M
Selling and Marketing Expenses	10.67M	8.2M	12.5M	18.4M	18.1M
Research And Development Expense From Footnotes	36.67M	14M	18.4M	23.7M	25.9M
Net Rental Expense, Total	17.8M	9.6M	16M	20.8M	22.5M
Imputed Operating Lease Interest Expense	6.51M	3.15M	6.07M	11.41M	10.88M
Imputed Operating Lease Depreciation	12.89M	6.45M	9.93M	9.39M	11.62M
Stock-Based Comp., Other (Total)	48.8M	37.5M	25M	40M	37.9M
Total Stock-Based Compensation	48.8M	37.5M	25M	40M	37.9M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	256M	96.6M	125M	137M	198M
Total Cash And Short Term Investments	256M	96.6M	125M	137M	198M
Accounts Receivable, Total	275M	144M	220M	210M	202M
Other Receivables	9.8M	33.1M	18.3M	17M	19.6M
Total Receivables	285M	177M	238M	227M	222M
Inventory	330M	184M	367M	278M	273M
Other Current Assets, Total	37.4M	16.5M	28M	26.3M	29.7M
Total Current Assets	908M	475M	758M	668M	722M
Gross Property Plant And Equipment	860M	138M	306M	330M	338M
Accumulated Depreciation	-354M	-59.5M	-79.7M	-103M	-123M
Net Property Plant And Equipment	506M	78.5M	226M	227M	215M
Long-term Investments	-	-	-	-	-
Goodwill	1.37B	254M	777M	796M	794M
Other Intangibles, Total	525M	179M	1.01B	952M	892M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	13.2M	4.4M	3.1M	3.3M	2.9M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	79.4M	86.8M	90.3M	20.8M	22.5M
Total Assets	3.4B	1.08B	2.86B	2.67B	2.65B
Liabilities
Accounts Payable, Total	129M	105M	117M	56.4M	71.7M
Accrued Expenses, Total	111M	93.7M	107M	129M	138M
Current Portion of Long-Term Debt	200K	5.5M	5.5M	-	-
Current Portion of Leases	15.5M	6.2M	9.6M	11.5M	13.5M
Current Income Taxes Payable	14.5M	2.1M	2.3M	3.5M	2.3M
Unearned Revenue Current, Total	4M	-	-	-	-
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	43.1M	27.8M	47.7M	20.2M	22.1M
Total Current Liabilities	318M	240M	289M	221M	248M
Long-Term Debt	1.12B	534M	530M	474M	475M
Long-Term Leases	131M	9.1M	34.6M	58.1M	63.1M
Pension & Other Post Retirement Benefits	171M	57.3M	50.5M	36.6M	14.1M
Deferred Tax Liability Non Current	119M	3.1M	221M	210M	196M
Other Non Current Liabilities	104M	108M	123M	65M	65.2M
Total Liabilities	1.96B	951M	1.25B	1.06B	1.06B
Common Stock, Total	1.2M	1.3M	1.8M	1.7M	1.7M
Additional Paid In Capital	1.39B	1.44B	2.85B	2.85B	2.83B
Retained Earnings	116M	-1.24B	-1.16B	-1.18B	-1.17B
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	-73.8M	-74.9M	-75M	-67.7M	-74.4M
Total Common Equity	1.44B	126M	1.62B	1.6B	1.59B
Minority Interest	3M	-	-	-	-
Total Equity	1.44B	126M	1.62B	1.6B	1.59B
Total Liabilities And Equity	3.4B	1.08B	2.86B	2.67B	2.65B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	120M	126M	176M	172M	170M
ECS Total Common Shares Outstanding	120M	126M	177M	172M	170M
Book Value / Share	12.01	1.01	9.13	9.3	9.32
Tangible Book Value	-458M	-307M	-172M	-146M	-99M
Tangible Book Value Per Share	-3.83	-2.44	-0.97	-0.85	-0.58
Total Debt	1.26B	554M	580M	543M	552M
Net Debt	1.01B	458M	455M	406M	354M
Debt Equivalent of Unfunded Proj. Benefit Obligation	159M	48M	40.1M	28.8M	7.6M
Debt Equivalent Oper. Leases	155M	76.8M	128M	166M	180M
Minority Interest, Total (Incl. Fin. Div)	3M	-	-	-	-
Account Code - Inventory Valuation	4	-	4	4	4
LIFO Reserve, Total	2.9M	-4.3M	-14M	-7.5M	-13M
Inventories - Raw Materials, Total	124M	14.6M	106M	48.8M	44.8M
Inventories - Work In Process, Total	38.6M	5.1M	28.2M	11.5M	12.1M
Inventories - Finished Goods, Total	165M	169M	247M	225M	229M
Land - (BS)	28.3M	7.4M	14.3M	14.1M	13.5M
Buildings, Total	289M	47.6M	92.9M	108M	104M
Machinery, Total	440M	63.1M	147M	143M	154M
Full Time Employees	6.57K	1.3K	2.7K	2.4K	2.5K
Accumulated Allowance for Doubtful Accounts (Supple)	3.4M	1.2M	1.4M	3.1M	1.8M
Order Backlog	331M	69.9M	42.1M	50.8M	48.8M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	158M	121M	61.7M	113M	160M
Depreciation & Amortization - CF	52.27M	44.1M	20.5M	29.2M	29.2M
Amortization of Goodwill and Intangible Assets - (CF)	36M	33.4M	34M	58.7M	59.1M
Depreciation & Amortization, Total	88.27M	77.5M	54.5M	87.9M	88.3M
Amortization of Deferred Charges, Total - (CF)	2.1M	-	-	-	-
(Gain) Loss From Sale Of Asset	-1.47M	-10.1M	300K	-2.7M	600K
Asset Writedown & Restructuring Costs	1.07M	-	-	2.5M	8M
Stock-Based Compensation (CF)	48.8M	51.4M	25M	40M	37.9M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-6.93M	8.3M	3.4M	-7.1M	-11.1M
Change In Accounts Receivable	86.8M	-66.6M	15.5M	10.1M	6.3M
Change In Inventories	667K	-79.5M	-17.6M	65M	2.7M
Change In Accounts Payable	-86.8M	99.1M	-18.3M	-60.8M	15.8M
Change in Other Net Operating Assets	-26.27M	22.6M	-27.5M	6.3M	-15.2M
Cash from Operations	262M	224M	97M	254M	294M
Capital Expenditure	-37.73M	-23.3M	-7.6M	-21.3M	-21.8M
Sale of Property, Plant, and Equipment	10.4M	14.3M	1.3M	7.7M	1.6M
Cash Acquisitions	-136M	-17.1M	-44.8M	-	-
Other Investing Activities, Total	-1.3M	4.2M	44.5M	9M	-
Cash from Investing	-163M	-21.9M	-6.6M	-4.6M	-20.2M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	6M	550M	102M	13M	-
Total Debt Issued	8M	550M	102M	13M	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-336M	-1.13B	-108M	-77.9M	-800K
Total Debt Repaid	-449M	-1.13B	-108M	-77.9M	-800K
Issuance of Common Stock	24.4M	24.9M	2.5M	4.3M	8.7M
Repurchase of Common Stock	-91.6M	-33.2M	-25.4M	-128M	-159M
Issuance of Preferred Stock	-	-	-	-	-
Common Dividends Paid	-38.4M	-36.4M	-32.5M	-50.4M	-56.6M
Preferred Dividends Paid	-17.4M	-	-	-	-
Common & Preferred Stock Dividends Paid	-38.4M	-36.4M	-32.5M	-50.4M	-56.6M
Other Financing Activities, Total	-	265M	-	-	-
Cash from Financing	-546M	-356M	-61.1M	-239M	-208M
Foreign Exchange Rate Adjustments	24M	-4.5M	-1.1M	1.8M	-4.5M
Net Change in Cash	-424M	-159M	28.2M	11.9M	61.3M
Supplemental Items
Cash Interest Paid	55.73M	34.7M	24.3M	36.1M	30.9M
Cash Income Tax Paid (Refund)	59.87M	57.8M	3.1M	45.7M	68.1M
Levered Free Cash Flow	203M	527M	-54.72M	254M	275M
Unlevered Free Cash Flow	237M	548M	-37.91M	278M	296M
Change In Net Working Capital	30M	-384M	209M	-36.8M	-31.9M
Net Debt Issued / Repaid	-441M	-577M	-5.7M	-64.9M	-800K

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	5.73	3.23	5.03	4.86	6.01
Return on Total Capital	7.4	4.44	6.9	6.19	7.45
Return On Equity %	14.32	6.35	6.55	6.48	9.96
Return on Common Equity	13.19	6.36	6.55	6.48	9.96
Margin Analysis
Gross Profit Margin %	38.55	40.97	36.32	42.35	45.13
SG&A Margin	22.57	25.68	21.28	22.92	23.4
EBITDA Margin %	18.71	21.22	16.63	19.78	21.94
EBITA Margin %	15.98	16.38	15.03	17.88	20.08
EBIT Margin %	14.1	12.71	12.38	14.04	16.3
Income From Continuing Operations Margin %	8.28	5.46	4.45	6.81	10.14
Net Income Margin %	8.25	13.27	4.81	7.36	10.23
Net Avail. For Common Margin %	8.25	5.46	4.45	6.81	10.14
Normalized Net Income Margin	7.36	5.25	6.48	7.12	8.8
Levered Free Cash Flow Margin	9.79	57.83	-4.27	16.57	17.57
Unlevered Free Cash Flow Margin	11.46	60.21	-2.96	18.15	18.89
Asset Turnover
Asset Turnover	0.6	0.41	0.65	0.55	0.59
Fixed Assets Turnover	4.97	10.96	8.41	6.76	7.09
Receivables Turnover (Average Receivables)	6.18	7.35	7.05	7.12	7.6
Inventory Turnover (Average Inventory)	3.94	3.35	2.96	2.74	3.12
Short Term Liquidity
Current Ratio	2.86	1.98	2.62	3.02	2.91
Quick Ratio	1.7	1.14	1.25	1.65	1.69
Operating Cash Flow to Current Liabilities	0.82	0.93	0.34	1.15	1.18
Days Sales Outstanding (Average Receivables)	59.19	49.63	51.8	51.26	48.18
Days Outstanding Inventory (Average Inventory)	92.98	108.81	123.23	133.26	117.15
Average Days Payable Outstanding	55.29	45.59	40.58	39.87	27.43
Cash Conversion Cycle (Average Days)	96.88	112.86	134.45	144.65	137.89
Long Term Solvency
Total Debt/Equity	87.89	438.69	35.88	33.89	34.76
Total Debt / Total Capital	46.78	81.44	26.41	25.31	25.79
LT Debt/Equity	86.8	429.43	34.95	33.17	33.91
Long-Term Debt / Total Capital	46.2	79.72	25.72	24.78	25.16
Total Liabilities / Total Assets	57.68	88.27	43.61	39.9	40.09
EBIT / Interest Expense	5.52	3.34	5.9	5.58	7.72
EBITDA / Interest Expense	7.33	5.85	8.52	8.41	11.06
(EBITDA - Capex) / Interest Expense	6.55	5.18	8.24	7.85	10.4
Total Debt / EBITDA	3.54	2.73	2.53	1.68	1.51
Net Debt / EBITDA	2.82	2.26	1.98	1.26	0.97
Total Debt / (EBITDA - Capex)	3.95	3.09	2.62	1.8	1.6
Net Debt / (EBITDA - Capex)	3.16	2.55	2.05	1.34	1.03
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	0.85	-17.91	40.72	19.4	2.35
Gross Profit, 1 Yr. Growth %	4.03	-20.66	24.73	39.23	9.09
EBITDA, 1 Yr. Growth %	-2.98	-16.07	10.29	42.03	13.51
EBITA, 1 Yr. Growth %	-1.93	-16.04	29.16	41.98	14.95
EBIT, 1 Yr. Growth %	-2.47	-18.22	37.05	35.41	18.85
Earnings From Cont. Operations, 1 Yr. Growth %	-3.6	-21.86	14.69	82.81	52.5
Net Income, 1 Yr. Growth %	425.07	-17.59	-48.97	82.66	42.15
Normalized Net Income, 1 Yr. Growth %	-0.5	-14.28	73.73	31.23	26.43
Diluted EPS Before Extra, 1 Yr. Growth %	-4.48	-21.71	-7.5	59.46	54.24
Accounts Receivable, 1 Yr. Growth %	0.12	39.09	52.46	-4.32	-3.81
Inventory, 1 Yr. Growth %	0.32	35.56	98.75	-24.3	-1.8
Net Property, Plant and Equip., 1 Yr. Growth %	17.47	-10.49	188.41	0.13	-5.07
Total Assets, 1 Yr. Growth %	11.27	-68.31	165.75	-6.88	-0.69
Tangible Book Value, 1 Yr. Growth %	-9.87	-130.95	-44.04	-15.2	-32.01
Common Equity, 1 Yr. Growth %	6.71	-91.2	1.18K	-0.76	-1
Cash From Operations, 1 Yr. Growth %	15.69	-30.17	-56.62	161.75	15.6
Capital Expenditures, 1 Yr. Growth %	-7.8	-47.29	-67.38	180.26	2.35
Levered Free Cash Flow, 1 Yr. Growth %	-29.38	-	-110.12	-563.5	8.51
Unlevered Free Cash Flow, 1 Yr. Growth %	-27.94	-	-106.74	-832.51	6.56
Dividend Per Share, 1 Yr. Growth %	-	-6.25	-33.33	45	13.79
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	5.69	-	7.47	29.62	10.55
Gross Profit, 2 Yr. CAGR %	7.59	-	-0.52	31.78	23.24
EBITDA, 2 Yr. CAGR %	3.03	-	-3.78	28.49	26.97
EBITA, 2 Yr. CAGR %	4.29	-	4.14	40.15	27.75
EBIT, 2 Yr. CAGR %	4.48	-	5.87	36.23	26.86
Earnings From Cont. Operations, 2 Yr. CAGR %	-6.09	-	-5.33	44.8	66.96
Net Income, 2 Yr. CAGR %	54.04	-	-35.15	-3.45	61.13
Normalized Net Income, 2 Yr. CAGR %	8.38	-	22.03	50.99	28.81
Diluted EPS Before Extra, 2 Yr. CAGR %	-7.01	-	-14.9	21.45	56.83
Accounts Receivable, 2 Yr. CAGR %	3.13	-	45.62	20.78	-4.07
Inventory, 2 Yr. CAGR %	2.18	-	64.14	22.66	-13.78
Net Property, Plant and Equip., 2 Yr. CAGR %	6.52	-	60.67	69.94	-2.5
Total Assets, 2 Yr. CAGR %	2.93	-	-8.24	57.31	-3.84
Tangible Book Value, 2 Yr. CAGR %	-6	-	-58.38	-31.11	-24.07
Common Equity, 2 Yr. CAGR %	3.97	-	6.04	256.1	-0.88
Cash From Operations, 2 Yr. CAGR %	14.31	-	-44.96	6.56	73.95
Capital Expenditures, 2 Yr. CAGR %	0.86	-	-58.53	-4.39	69.36
Levered Free Cash Flow, 2 Yr. CAGR %	15.34	-	-	-30.87	124.26
Unlevered Free Cash Flow, 2 Yr. CAGR %	9.62	-	-	-29.1	179.38
Dividend Per Share, 2 Yr. CAGR %	-	-	-20.94	-1.68	28.45
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	6.49	-	-	11.31	19.81
Gross Profit, 3 Yr. CAGR %	8.86	-	-	11.27	23.74
EBITDA, 3 Yr. CAGR %	5.57	-	-	9.55	23.29
EBITA, 3 Yr. CAGR %	7.06	-	-	15.47	31.19
EBIT, 3 Yr. CAGR %	8.96	-	-	14.92	30.17
Earnings From Cont. Operations, 3 Yr. CAGR %	25.72	-	-	17.89	47.32
Net Income, 3 Yr. CAGR %	34.45	-	-	-8.41	9.84
Normalized Net Income, 3 Yr. CAGR %	18.69	-	-	25.02	42.31
Diluted EPS Before Extra, 3 Yr. CAGR %	22.03	-	-	4.91	31.52
Accounts Receivable, 3 Yr. CAGR %	1.2	-	-	26.6	11.95
Inventory, 3 Yr. CAGR %	0.27	-	-	26.82	13.9
Net Property, Plant and Equip., 3 Yr. CAGR %	3.92	-	-	37.24	39.96
Total Assets, 3 Yr. CAGR %	0.82	-	-	-7.79	34.95
Tangible Book Value, 3 Yr. CAGR %	-13.32	-	-	-47.24	-31.41
Common Equity, 3 Yr. CAGR %	6.99	-	-	3.72	132.41
Cash From Operations, 3 Yr. CAGR %	15.24	-	-	-7.44	9.49
Capital Expenditures, 3 Yr. CAGR %	-8.76	-	-	-21.6	-2.19
Levered Free Cash Flow, 3 Yr. CAGR %	8.71	-	-	-	-19.66
Unlevered Free Cash Flow, 3 Yr. CAGR %	4.05	-	-	-	-18.79
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-3.23	3.23
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	0.18	-	-	-	-
Gross Profit, 5 Yr. CAGR %	1.92	-	-	-	-
EBITDA, 5 Yr. CAGR %	4	-	-	-	-
EBITA, 5 Yr. CAGR %	5.27	-	-	-	-
EBIT, 5 Yr. CAGR %	7.84	-	-	-	-
Earnings From Cont. Operations, 5 Yr. CAGR %	14.69	-	-	-	-
Net Income, 5 Yr. CAGR %	16.53	-	-	-	-
Normalized Net Income, 5 Yr. CAGR %	15.52	-	-	-	-
Diluted EPS Before Extra, 5 Yr. CAGR %	10.71	-	-	-	-
Accounts Receivable, 5 Yr. CAGR %	-0.08	-	-	-	-
Inventory, 5 Yr. CAGR %	-2.89	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	1.5	-	-	-	-
Total Assets, 5 Yr. CAGR %	1.25	-	-	-	-
Tangible Book Value, 5 Yr. CAGR %	-15.75	-	-	-	-
Common Equity, 5 Yr. CAGR %	18.85	-	-	-	-
Cash From Operations, 5 Yr. CAGR %	3.96	-	-	-	-
Capital Expenditures, 5 Yr. CAGR %	-3.24	-	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	2.07	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	0.12	-	-	-	-