Balance Sheet Ferroglobe PLC

Equities

GSM

GB00BYW6GV68

Specialty Mining & Metals

Market Closed - Nasdaq Other stock markets 04:00:00 2025-12-12 pm EST			5-day change	1st Jan Change
4.550 ^USD	-3.60%		-2.36%	+19.74%

Nov. 11	B. Riley Adjusts Price Target on Ferroglobe to $6 From $8, Maintains Buy Rating	MT
Nov. 27	Ferroglobe PLC, Q3 2025 Earnings Call, Nov 06, 2025

865.4vUJso1OFWJMbB7G1DKghIvYGVum_5dUh_oWKjucYIA.0bNh2_4jUwMFO0yCjXjIstrrdGP-nONkxM1JaUPXE8yOrVzzwxgkM38tUw

Published financial data: FERROGLOBE PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	1.14B	1.78B	2.6B	1.65B	1.64B
Total Revenues	1.14B	1.78B	2.6B	1.65B	1.64B
Cost of Goods Sold, Total	835M	1.18B	1.29B	879M	1.03B
Gross Profit	309M	594M	1.31B	771M	617M
Selling General & Admin Expenses, Total	215M	254M	315M	306M	280M
Depreciation & Amortization - (IS)	108M	97.33M	81.56M	73.53M	75.46M
Other Operating Expenses	98.43M	187M	199M	169M	180M
Other Operating Expenses, Total	421M	538M	595M	549M	536M
Operating Income	-112M	56.47M	718M	222M	81.23M
Interest Expense, Total	-45.11M	-56.35M	-52.11M	-30.05M	-15.47M
Interest And Investment Income	16K	-	-	-	7.25M
Net Interest Expenses	-45.1M	-56.35M	-52.11M	-30.05M	-8.22M
Currency Exchange Gains (Loss)	25.55M	-2.39M	-10M	-7.55M	13.56M
Other Non Operating Income (Expenses)	-18.52M	-92.58M	-6.63M	-3.32M	-6.47M
EBT, Excl. Unusual Items	-151M	-94.85M	649M	181M	80.1M
Restructuring Charges	-35.68M	-27.37M	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-373K	-	-	-2.63M
Gain (Loss) On Sale Of Assets	1.29M	1.39M	-459K	-	-
Asset Writedown	-37.5M	1.27M	-56.65M	-25.29M	-40.42M
Insurance Settlements	-	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-222M	-120M	592M	156M	37.05M
Income Tax Expense	21.94M	-4.56M	148M	57.54M	16.25M
Earnings From Continuing Operations	-244M	-115M	444M	98.48M	20.8M
Earnings Of Discontinued Operations	-5.4M	-	-	-	-
Net Income to Company	-250M	-115M	444M	98.48M	20.8M
Minority Interest	3.42M	4.75M	-3.51M	-15.82M	2.74M
Net Income - (IS)	-246M	-111M	440M	82.66M	23.54M
Net Income to Common Incl Extra Items	-246M	-111M	440M	82.66M	23.54M
Net Income to Common Excl. Extra Items	-241M	-111M	440M	82.66M	23.54M
Per Share Items
Net EPS - Basic	-1.46	-0.63	2.34	0.44	0.13
Basic EPS - Continuing Operations	-1.42	-0.63	2.34	0.44	0.13
Basic Weighted Average Shares Outstanding	169M	177M	188M	188M	188M
Net EPS - Diluted	-1.46	-0.63	2.32	0.43	0.12
Diluted EPS - Continuing Operations	-1.43	-0.63	2.32	0.43	0.12
Diluted Weighted Average Shares Outstanding	169M	177M	190M	190M	189M
Normalized Basic EPS	-0.54	-0.31	2.14	0.52	0.28
Normalized Diluted EPS	-0.54	-0.31	2.12	0.51	0.28
Dividend Per Share	-	-	-	-	0.05
Payout Ratio	-	-	-	-	41.46
Supplemental Items
EBITDA	-4.27M	146M	794M	288M	153M
EBITA	-105M	63.71M	718M	223M	81.71M
EBIT	-112M	56.47M	718M	222M	81.23M
Effective Tax Rate - (Ratio)	-9.86	3.8	25.01	36.88	43.86
Total Current Taxes	5.21M	5.28M	139M	60.58M	26.82M
Total Deferred Taxes	16.73M	-9.85M	9.42M	-3.04M	-10.57M
Normalized Net Income	-90.66M	-54.53M	402M	97.5M	52.8M
Interest on Long-Term Debt	36.35M	43.68M	42.5M	26.13M	7.71M
Non-Cash Pension Expense	3.5M	4.57M	-2.01M	-	-
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	2.04M	3.75M	5.94M	7.4M	4.92M
Stock-Based Comp., Other (Total)	-1K	-	-	-	-
Total Stock-Based Compensation	2.03M	3.75M	5.94M	7.4M	4.92M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	103M	114M	318M	136M	133M
Short Term Investments	1.01M	104K	3K	2K	5.57M
Total Cash And Short Term Investments	104M	114M	318M	136M	139M
Accounts Receivable, Total	202M	322M	294M	220M	189M
Other Receivables	52.1M	66.8M	137M	106M	90.8M
Notes Receivable	3.08M	2.84M	2.68M	2.77M	-
Total Receivables	257M	392M	434M	329M	280M
Inventory	247M	290M	500M	384M	347M
Prepaid Expenses	10.66M	3.21M	5.92M	5.69M	6.89M
Restricted Cash	28.84M	-	2.88M	1.18M	298K
Other Current Assets, Total	10.06M	5.2M	25.75M	181M	45.13M
Total Current Assets	657M	804M	1.29B	1.04B	818M
Gross Property Plant And Equipment	1.49B	1.4B	1.28B	1.5B	1.49B
Accumulated Depreciation	-996M	-962M	-923M	-997M	-1B
Net Property Plant And Equipment	496M	441M	353M	501M	487M
Long-term Investments	5.06M	4.09M	14.19M	14.07M	19.45M
Goodwill	29.7M	29.7M	29.7M	29.7M	14.22M
Other Intangibles, Total	20.76M	101M	112M	138M	103M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	-	7.01M	7.14M	8.76M	6.58M
Other Long-Term Assets, Total	138M	137M	155M	29.54M	24.3M
Total Assets	1.35B	1.52B	1.96B	1.76B	1.47B
Liabilities
Accounts Payable, Total	152M	215M	220M	183M	158M
Accrued Expenses, Total	52.91M	55.71M	95.9M	95.56M	62.8M
Short-term Borrowings	74.84M	93.09M	60.98M	30.68M	35.06M
Current Portion of Long-Term Debt	73.18M	100M	74.25M	20.47M	65.59M
Current Portion of Leases	8.54M	8.39M	8.93M	8.08M	12.87M
Current Income Taxes Payable	2.54M	1.78M	53.23M	8.35M	10.62M
Unearned Revenue Current, Total	-	2.59M	3.25M	3.68M	-
Other Current Liabilities	69.11M	177M	162M	144M	104M
Total Current Liabilities	433M	654M	678M	494M	449M
Long-Term Debt	381M	413M	385M	228M	38.51M
Long-Term Leases	13.99M	9.97M	12.94M	20.3M	56.58M
Unearned Revenue Non Current	620K	25.32M	37.26M	61.16M	8.01M
Pension & Other Post Retirement Benefits	56.4M	41.24M	25.55M	29.8M	27.62M
Deferred Tax Liability Non Current	27.78M	25.14M	35.85M	32.58M	19.63M
Other Non Current Liabilities	68.86M	34.85M	26.22M	23.41M	39.23M
Total Liabilities	981M	1.2B	1.2B	889M	638M
Common Stock, Total	1.78M	1.96M	1.96M	1.96M	1.96M
Additional Paid In Capital	-	-	-	86.22M	86.22M
Retained Earnings	-246M	-111M	440M	82.66M	23.54M
Treasury Stock	-	-	-	-	-14.36M
Comprehensive Income and Other	496M	323M	208M	577M	623M
Total Common Equity	251M	214M	650M	748M	721M
Minority Interest	115M	106M	107M	122M	114M
Total Equity	366M	320M	757M	870M	834M
Total Liabilities And Equity	1.35B	1.52B	1.96B	1.76B	1.47B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	169M	187M	187M	188M	187M
ECS Total Common Shares Outstanding	169M	187M	187M	187M	187M
Book Value / Share	1.48	1.14	3.47	3.99	3.85
Tangible Book Value	201M	83.63M	509M	580M	603M
Tangible Book Value Per Share	1.19	0.45	2.71	3.09	3.22
Total Debt	552M	625M	542M	307M	209M
Net Debt	448M	510M	224M	171M	70.07M
Debt Equivalent of Unfunded Proj. Benefit Obligation	44.75M	31.13M	20.15M	20.09M	17.76M
Minority Interest, Total (Incl. Fin. Div)	115M	106M	107M	122M	114M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Work In Process, Total	99.26M	111M	266M	183M	142M
Inventories - Finished Goods, Total	101M	118M	170M	163M	167M
Inventories - Others	46.58M	60.75M	63.78M	38.27M	37.92M
Land - (BS)	208M	197M	175M	181M	226M
Machinery, Total	1.34B	1.21B	1.13B	1.2B	1.23B
Full Time Employees	3.27K	3.42K	3.26K	3.4K	3.28K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	1.7M	1.01M	1.19M	2.91M	2.74M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-246M	-111M	440M	82.66M	23.54M
Depreciation & Amortization - CF	101M	90.09M	80.83M	72.87M	74.99M
Amortization of Goodwill and Intangible Assets - (CF)	7.18M	7.24M	725K	663K	474K
Depreciation & Amortization, Total	108M	97.33M	81.56M	73.53M	75.46M
(Gain) Loss From Sale Of Asset	-1.29M	-1.39M	368K	29K	-555K
(Gain) Loss on Sale of Investments - (CF)	-	373K	-	-	-
Asset Writedown & Restructuring Costs	73.19M	-1.33M	56.65M	25.29M	43.05M
Stock-Based Compensation (CF)	2.02M	3.63M	5.84M	7.4M	4.92M
Provision and Write-off of Bad Debts	-	-	-	-	-
Net Cash From Discontinued Operations	5.4M	-	-	-	-
Other Operating Activities, Total	82.89M	168M	83.03M	-8.8M	6.09M
Change In Accounts Receivable	71.03M	-161M	-72.56M	126M	22.76M
Change In Inventories	115M	-60.3M	-221M	102M	47K
Change In Accounts Payable	-55.4M	64.38M	30.64M	-70.57M	-17.26M
Change in Other Net Operating Assets	-	-	-	-160M	85.19M
Cash from Operations	154M	-1.34M	405M	178M	243M
Capital Expenditure	-30.26M	-27.6M	-52.15M	-83.68M	-76.16M
Sale of Property, Plant, and Equipment	341K	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-2.65M	-	-1.15M	-2.79M	-3.02M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-3M
Other Investing Activities, Total	630K	3.75M	1.53M	4.66M	15.25M
Cash from Investing	-31.94M	-23.85M	-51.77M	-81.81M	-66.94M
Long-Term Debt Issued, Total	178M	719M	937M	432M	525M
Total Debt Issued	178M	719M	937M	432M	525M
Long-Term Debt Repaid, Total	-246M	-683M	-1.02B	-651M	-660M
Total Debt Repaid	-246M	-683M	-1.02B	-651M	-660M
Issuance of Common Stock	-	40M	-	-	-
Repurchase of Common Stock	-	-	-	-	-2.43M
Common Dividends Paid	-	-	-	-	-9.76M
Common & Preferred Stock Dividends Paid	-	-	-	-	-9.76M
Other Financing Activities, Total	-45.32M	-65.93M	-61M	-63.87M	-29.27M
Cash from Financing	-113M	10.45M	-140M	-282M	-176M
Foreign Exchange Rate Adjustments	-613K	-157K	-6.51M	287K	-5.19M
Net Change in Cash	8.38M	-14.89M	206M	-185M	-4.38M
Supplemental Items
Cash Interest Paid	37.91M	22.18M	60.82M	42.21M	26.19M
Cash Income Tax Paid (Refund)	-11.83M	3.79M	80.52M	113M	15.8M
Levered Free Cash Flow	79.66M	113M	253M	83.4M	168M
Unlevered Free Cash Flow	108M	148M	286M	102M	177M
Change In Net Working Capital	-101M	-39.63M	197M	31.18M	-125M
Net Debt Issued / Repaid	-68.02M	36.38M	-79.46M	-218M	-134M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-4.56	2.46	25.77	7.47	3.14
Return on Total Capital	-6.61	3.79	39.99	11.22	4.5
Return On Equity %	-50.49	-33.65	82.43	12.11	2.44
Return on Common Equity	-65.52	-47.56	101.92	11.82	3.21
Margin Analysis
Gross Profit Margin %	27	33.39	50.53	46.71	37.52
SG&A Margin	18.77	14.25	12.12	18.54	17.02
EBITDA Margin %	-0.37	8.23	30.58	17.44	9.3
EBITA Margin %	-9.2	3.58	27.65	13.51	4.97
EBIT Margin %	-9.83	3.17	27.62	13.47	4.94
Income From Continuing Operations Margin %	-21.35	-6.49	17.08	5.97	1.27
Net Income Margin %	-21.52	-6.22	16.95	5.01	1.43
Net Avail. For Common Margin %	-21.05	-6.22	16.95	5.01	1.43
Normalized Net Income Margin	-7.92	-3.07	15.48	5.91	3.21
Levered Free Cash Flow Margin	6.96	6.36	9.75	5.05	10.2
Unlevered Free Cash Flow Margin	9.42	8.34	11	6.19	10.79
Asset Turnover
Asset Turnover	0.74	1.24	1.49	0.89	1.02
Fixed Assets Turnover	2.03	3.8	6.54	3.34	3.33
Receivables Turnover (Average Receivables)	5.27	6.79	8.43	6.41	8.04
Inventory Turnover (Average Inventory)	2.78	4.42	3.25	1.99	2.81
Short Term Liquidity
Current Ratio	1.52	1.23	1.9	2.1	1.82
Quick Ratio	0.83	0.77	1.1	0.94	0.93
Operating Cash Flow to Current Liabilities	0.36	-0	0.6	0.36	0.54
Days Sales Outstanding (Average Receivables)	69.51	53.77	43.3	56.94	45.55
Days Outstanding Inventory (Average Inventory)	131.57	82.61	112.17	183.46	130.24
Average Days Payable Outstanding	86.21	54.46	53.02	96.14	62.98
Cash Conversion Cycle (Average Days)	114.87	81.93	102.45	144.27	112.8
Long Term Solvency
Total Debt/Equity	150.81	195.18	71.59	35.31	25.01
Total Debt / Total Capital	60.13	66.12	41.72	26.1	20
LT Debt/Equity	108	132.21	52.54	28.5	11.4
Long-Term Debt / Total Capital	43.06	44.79	30.62	21.06	9.12
Total Liabilities / Total Assets	72.85	78.99	61.34	50.54	43.34
EBIT / Interest Expense	-2.49	1	13.77	7.4	5.25
EBITDA / Interest Expense	-0.09	2.73	15.34	9.84	10.13
(EBITDA - Capex) / Interest Expense	-0.77	2.24	14.34	7.06	5.2
Total Debt / EBITDA	-129.26	4.06	0.68	1.04	1.33
Net Debt / EBITDA	-104.95	3.32	0.28	0.58	0.45
Total Debt / (EBITDA - Capex)	-15.98	4.95	0.73	1.45	2.59
Net Debt / (EBITDA - Capex)	-12.97	4.04	0.3	0.8	0.87
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-29.15	55.44	46.04	-36.49	-0.37
Gross Profit, 1 Yr. Growth %	-22.92	92.27	121.01	-41.29	-19.97
EBITDA, 1 Yr. Growth %	-93.48	-1.12K	442.5	-63.76	-46.86
EBITA, 1 Yr. Growth %	-37.53	-160.52	1.03K	-68.97	-63.34
EBIT, 1 Yr. Growth %	-36.04	-150.22	1.17K	-69.03	-63.45
Earnings From Cont. Operations, 1 Yr. Growth %	-34.01	-52.79	-484.69	-77.81	-78.88
Net Income, 1 Yr. Growth %	-12.21	-55.09	-498.03	-81.23	-71.53
Normalized Net Income, 1 Yr. Growth %	-35.24	-39.85	-837.3	-75.75	-45.84
Diluted EPS Before Extra, 1 Yr. Growth %	-33.9	-55.74	-468.25	-81.47	-72.09
Accounts Receivable, 1 Yr. Growth %	-13.01	59.19	-8.52	-25.18	-14.3
Inventory, 1 Yr. Growth %	-30.38	17.54	72.56	-23.24	-9.56
Net Property, Plant and Equip., 1 Yr. Growth %	-21.8	-11.1	-19.91	3.12	-2.83
Total Assets, 1 Yr. Growth %	-22.33	13.08	28.52	-10.17	-16.28
Tangible Book Value, 1 Yr. Growth %	-50.22	-58.34	508.08	14.05	4
Common Equity, 1 Yr. Growth %	-48.12	-14.82	203.8	15.08	-3.68
Cash From Operations, 1 Yr. Growth %	-594.54	-100.87	-30.3K	-55.96	36.38
Capital Expenditures, 1 Yr. Growth %	-6.74	-8.79	88.98	60.47	-8.98
Levered Free Cash Flow, 1 Yr. Growth %	-144.51	42.08	124.02	-67.06	116.32
Unlevered Free Cash Flow, 1 Yr. Growth %	-173.51	37.59	92.78	-64.25	80.11
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-28.55	4.94	50.67	-3.69	-20.45
Gross Profit, 2 Yr. CAGR %	-37.67	21.74	106.14	13.91	-31.46
EBITDA, 2 Yr. CAGR %	-86.22	62.15	1.26K	49.62	-56.25
EBITA, 2 Yr. CAGR %	-6.42	-38.51	161.23	140.64	-66.27
EBIT, 2 Yr. CAGR %	0.7	-43.33	152.62	166.68	-66.35
Earnings From Cont. Operations, 2 Yr. CAGR %	302.16	-44.18	34.77	-7.61	-78.35
Net Income, 2 Yr. CAGR %	137.53	-37.21	33.69	-13.56	-76.88
Normalized Net Income, 2 Yr. CAGR %	36.42	-37.59	110.59	17.77	-63.76
Diluted EPS Before Extra, 2 Yr. CAGR %	170.74	-45.99	27.67	-17.38	-77.26
Accounts Receivable, 2 Yr. CAGR %	69.06	17.68	20.67	-17.27	-19.93
Inventory, 2 Yr. CAGR %	-26.55	-9.54	42.42	15.09	-16.68
Net Property, Plant and Equip., 2 Yr. CAGR %	-19.5	-16.62	-15.62	6.63	0.1
Total Assets, 2 Yr. CAGR %	-20.36	-6.28	20.55	7.45	-13.28
Tangible Book Value, 2 Yr. CAGR %	-37.48	-54.46	59.16	163.35	8.91
Common Equity, 2 Yr. CAGR %	-42.82	-33.52	60.86	86.98	5.28
Cash From Operations, 2 Yr. CAGR %	14.93	-79.27	62.03	1.05K	-22.5
Capital Expenditures, 2 Yr. CAGR %	-46.61	-7.77	31.29	74.13	20.85
Levered Free Cash Flow, 2 Yr. CAGR %	58.35	-20.46	78.33	-7.42	-18.61
Unlevered Free Cash Flow, 2 Yr. CAGR %	362.57	0.6	62.81	-12.19	-21.21
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-12.91	-7.42	17.16	12.97	-2.6
Gross Profit, 3 Yr. CAGR %	-23.46	-9.27	48.51	35.63	1.26
EBITDA, 3 Yr. CAGR %	-70.87	-13.31	142.52	307.08	5.96
EBITA, 3 Yr. CAGR %	8.36	-19.07	62.14	28.41	28.52
EBIT, 3 Yr. CAGR %	14.82	-20.15	59.81	25.49	37.5
Earnings From Cont. Operations, 3 Yr. CAGR %	581.51	96.92	6.23	-26.14	-43.51
Net Income, 3 Yr. CAGR %	613.57	36.33	16.2	-30.51	-40.3
Normalized Net Income, 3 Yr. CAGR %	76.61	3.83	42.14	2.45	-9.1
Diluted EPS Before Extra, 3 Yr. CAGR %	282.97	47.88	2.41	-32.9	-42.46
Accounts Receivable, 3 Yr. CAGR %	42.86	65.7	8.2	2.9	-16.29
Inventory, 3 Yr. CAGR %	-11.95	-14.09	12.19	15.9	6.2
Net Property, Plant and Equip., 3 Yr. CAGR %	-14.35	-16.8	-17.73	0.36	3.38
Total Assets, 3 Yr. CAGR %	-12.35	-10.49	4.12	9.29	-1.13
Tangible Book Value, 3 Yr. CAGR %	-28.62	-45.39	8.04	42.43	93.21
Common Equity, 3 Yr. CAGR %	-32.48	-34.69	10.32	43.87	49.88
Cash From Operations, 3 Yr. CAGR %	0.86	-77.44	135.04	4.96	466.08
Capital Expenditures, 3 Yr. CAGR %	-25.98	-36.17	17.14	40.37	40.27
Levered Free Cash Flow, 3 Yr. CAGR %	-18.73	52.73	12.29	1.55	19.91
Unlevered Free Cash Flow, 3 Yr. CAGR %	-15.87	208.78	24.92	-1.78	10.21
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-2.76	2.45	8.44	-5.95	0.35
Gross Profit, 5 Yr. CAGR %	-9.1	2.21	13.76	-0.63	9
EBITDA, 5 Yr. CAGR %	-48.94	35.66	35.7	5.07	22.39
EBITA, 5 Yr. CAGR %	9.55	-2.84	54.07	13.14	-13.48
EBIT, 5 Yr. CAGR %	12.58	-8.12	57.39	14.91	-14.31
Earnings From Cont. Operations, 5 Yr. CAGR %	33.11	-20.29	256.39	45.49	-43.78
Net Income, 5 Yr. CAGR %	41.6	-20.04	265.18	13.62	-39.08
Normalized Net Income, 5 Yr. CAGR %	9.27	0.25	89.49	14.89	-17.72
Diluted EPS Before Extra, 5 Yr. CAGR %	26.9	-20.39	146.63	17.16	-43.9
Accounts Receivable, 5 Yr. CAGR %	-2	15.04	33.53	25.51	-4.08
Inventory, 5 Yr. CAGR %	-10.33	-1.76	6.72	-3.43	-0.4
Net Property, Plant and Equip., 5 Yr. CAGR %	-11.05	-9.63	-14.86	-8.11	-5.14
Total Assets, 5 Yr. CAGR %	-10.84	-5.48	-0.43	-3.7	-3.22
Tangible Book Value, 5 Yr. CAGR %	-21.05	-29.3	-1.63	2.46	8.39
Common Equity, 5 Yr. CAGR %	-26.27	-22.52	-4.45	-0.53	8.27
Cash From Operations, 5 Yr. CAGR %	1.18	-59.37	21.92	8.84	50.8
Capital Expenditures, 5 Yr. CAGR %	-15.08	-17.25	-6.91	-4.64	18.61
Levered Free Cash Flow, 5 Yr. CAGR %	-3.01	-2.29	11.28	21.29	-1.28
Unlevered Free Cash Flow, 5 Yr. CAGR %	0.09	0.71	9.55	82.55	3.88