Cash flow Paramount Global

Equities

PARA

US92556H2067

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Real-time Estimate Cboe BZX Other stock markets 02:29:35 2024-09-17 pm EDT			5-day change	1st Jan Change
10.36 ^USD	-0.53%		+2.82%	-29.85%

11:31am	Cartel Office prohibits Nickelodeon takeover by RTL	RE
10:47am	Planned merger of Super RTL, Nickelodeon withdrawn, says German cartel office	RE

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Published financial data: PARAMOUNT GLOBAL

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	27.81B	25.28B	28.59B	30.15B	29.65B
Total Revenues	27.81B	25.28B	28.59B	30.15B	29.65B
Cost of Goods Sold, Total	16.63B	14.83B	17.74B	19.84B	20.02B
Gross Profit	11.18B	10.45B	10.84B	10.31B	9.64B
Selling General & Admin Expenses, Total	5.75B	5.39B	6.45B	7.1B	7.4B
Depreciation & Amortization - (IS)	423M	393M	390M	378M	418M
Other Operating Expenses	-	5M	-	-	-36M
Other Operating Expenses, Total	6.18B	5.79B	6.84B	7.48B	7.78B
Operating Income	5B	4.66B	4B	2.83B	1.86B
Interest Expense, Total	-962M	-1.03B	-986M	-931M	-920M
Interest And Investment Income	66M	60M	53M	108M	137M
Net Interest Expenses	-896M	-971M	-933M	-823M	-783M
Income (Loss) On Equity Invest.	-53M	-28M	-91M	-204M	-360M
Currency Exchange Gains (Loss)	-17M	-35M	-26M	-58M	-66M
Other Non Operating Income (Expenses)	5M	3M	2M	-1M	3M
EBT, Excl. Unusual Items	4.04B	3.63B	2.95B	1.75B	649M
Restructuring Charges	-424M	-	-65M	-328M	-2.47B
Merger & Related Restructuring Charges	-883M	-610M	-35M	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	85M	206M	47M	-9M	168M
Gain (Loss) On Sale Of Assets	549M	214M	2.34B	56M	-
Asset Writedown	-20M	-40M	-	-27M	-83M
Legal Settlements	-17M	-	-	-211M	97M
Other Unusual Items	-40M	-285M	-128M	-166M	29M
EBT, Incl. Unusual Items	3.29B	3.12B	5.12B	1.06B	-1.61B
Income Tax Expense	-9M	535M	646M	227M	-361M
Earnings From Continuing Operations	3.3B	2.58B	4.47B	835M	-1.25B
Earnings Of Discontinued Operations	38M	117M	162M	379M	676M
Net Income to Company	3.34B	2.7B	4.63B	1.21B	-576M
Minority Interest	-31M	-279M	-88M	-110M	-32M
Net Income - (IS)	3.31B	2.42B	4.54B	1.1B	-608M
Preferred Dividend and Other Adjustments	-	-	44M	58M	58M
Net Income to Common Incl Extra Items	3.31B	2.42B	4.5B	1.05B	-666M
Net Income to Common Excl. Extra Items	3.27B	2.3B	4.34B	667M	-1.34B
Per Share Items
Net EPS - Basic	5.38	3.93	7.02	1.61	-1.02
Basic EPS - Continuing Operations	5.32	3.74	6.77	1.03	-2.06
Basic Weighted Average Shares Outstanding	615M	616M	641M	649M	652M
Net EPS - Diluted	5.36	3.92	6.94	1.61	-1.02
Diluted EPS - Continuing Operations	5.3	3.73	6.69	1.03	-2.06
Diluted Weighted Average Shares Outstanding	617M	618M	655M	650M	652M
Normalized Basic EPS	4.06	3.23	2.74	1.51	0.57
Normalized Diluted EPS	4.04	3.22	2.68	1.51	0.57
Dividend Per Share	0.78	0.96	0.96	0.96	0.39
Payout Ratio	17.99	24.77	14.24	62.41	-73.52
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	5.43B	5.06B	4.39B	3.21B	2.27B
EBITA	5.06B	4.72B	4.05B	2.87B	1.89B
EBIT	5B	4.66B	4B	2.83B	1.86B
EBITDAR	5.48B	5.09B	4.43B	3.2B	2.27B
Effective Tax Rate - (Ratio)	-0.27	17.15	12.63	21.37	22.38
Current Domestic Taxes	556M	233M	317M	139M	154M
Current Foreign Taxes	204M	180M	239M	194M	135M
Total Current Taxes	760M	413M	556M	333M	289M
Deferred Domestic Taxes	-114M	188M	298M	-71M	-666M
Deferred Foreign Taxes	-655M	-66M	-208M	-35M	16M
Total Deferred Taxes	-769M	122M	90M	-106M	-650M
Normalized Net Income	2.5B	1.99B	1.76B	982M	374M
Interest on Long-Term Debt	3M	2M	1M	-	-
Non-Cash Pension Expense	103M	75M	60M	75M	162M
Supplemental Operating Expense Items
Net Rental Expense, Total	49M	34M	42M	-12M	-7M
Imputed Operating Lease Interest Expense	18.84M	13.25M	16.06M	-4.81M	-3.06M
Imputed Operating Lease Depreciation	30.16M	20.75M	25.94M	-7.19M	-3.94M
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	291M	274M	192M	172M	177M
Total Stock-Based Compensation	291M	274M	192M	172M	177M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	632M	2.98B	6.27B	2.88B	2.46B
Total Cash And Short Term Investments	632M	2.98B	6.27B	2.88B	2.46B
Accounts Receivable, Total	7.21B	7.02B	6.98B	7.41B	7.12B
Total Receivables	7.21B	7.02B	6.98B	7.41B	7.12B
Inventory	2.88B	1.76B	1.5B	1.34B	1.41B
Prepaid Expenses	401M	622M	1.18B	1.31B	1.68B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	787M	1.4B	745M	787M	37M
Total Current Assets	11.9B	13.78B	16.68B	13.73B	12.7B
Gross Property Plant And Equipment	7.93B	7.6B	7.12B	6.87B	6.35B
Accumulated Depreciation	-3.91B	-4.01B	-3.75B	-3.71B	-3.5B
Net Property Plant And Equipment	4.02B	3.6B	3.37B	3.15B	2.85B
Long-term Investments	753M	601M	627M	375M	96M
Goodwill	16.98B	16.61B	16.58B	16.5B	16.52B
Other Intangibles, Total	2.99B	2.83B	2.77B	2.69B	2.59B
Accounts Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	939M	993M	1.21B	1.24B	1.24B
Other Long-Term Assets, Total	11.93B	14.26B	17.39B	20.7B	17.55B
Total Assets	49.52B	52.66B	58.62B	58.39B	53.54B
Liabilities
Accounts Payable, Total	667M	571M	800M	1.4B	1.1B
Accrued Expenses, Total	1.76B	1.71B	2.32B	2.07B	2.1B
Short-term Borrowings	698M	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	239M	1M
Current Portion of Leases	311M	322M	336M	292M	258M
Unearned Revenue Current, Total	739M	978M	1.09B	973M	746M
Other Current Liabilities	4.87B	4.71B	4.93B	6.21B	5.45B
Total Current Liabilities	9.05B	8.3B	9.48B	11.19B	9.66B
Long-Term Debt	17.98B	19.71B	17.69B	15.6B	14.6B
Long-Term Leases	1.93B	1.59B	1.6B	1.44B	1.26B
Unearned Revenue Non Current	171M	142M	109M	87M	54M
Pension & Other Post Retirement Benefits	2.12B	2.1B	1.95B	1.46B	1.34B
Deferred Tax Liability Non Current	500M	778M	1.06B	1.08B	503M
Other Non Current Liabilities	4.22B	3.8B	3.65B	3.94B	3.09B
Total Liabilities	35.98B	36.41B	35.54B	34.79B	30.49B
Common Stock, Total	1M	1M	1M	1M	1M
Additional Paid In Capital	29.59B	29.78B	32.92B	33.06B	33.21B
Retained Earnings	8.49B	10.38B	14.34B	14.74B	13.83B
Treasury Stock	-22.91B	-22.96B	-22.96B	-22.96B	-22.96B
Comprehensive Income and Other	-1.97B	-1.83B	-1.9B	-1.81B	-1.56B
Total Common Equity	13.21B	15.37B	22.4B	23.04B	22.53B
Minority Interest	336M	882M	675M	570M	524M
Total Equity	13.54B	16.25B	23.08B	23.61B	23.05B
Total Liabilities And Equity	49.52B	52.66B	58.62B	58.39B	53.54B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	614M	620M	649M	651M	652M
ECS Total Common Shares Outstanding	615M	617M	648M	650M	653M
Book Value / Share	21.47	24.91	34.57	35.44	34.5
Tangible Book Value	-6.77B	-4.07B	3.05B	3.84B	3.42B
Tangible Book Value Per Share	-11	-6.59	4.7	5.91	5.24
Total Debt	20.92B	21.62B	19.63B	17.57B	16.12B
Net Debt	20.29B	18.64B	13.36B	14.68B	13.66B
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.79B	1.82B	1.72B	1.3B	1.2B
Debt Equivalent Oper. Leases	392M	272M	336M	-96M	-56M
Minority Interest, Total (Incl. Fin. Div)	336M	882M	675M	570M	524M
Equity Method Investments, Total	494M	536M	568M	375M	96M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	439M	437M	372M	371M	373M
Buildings, Total	1.26B	1.25B	842M	863M	881M
Machinery, Total	4.1B	4.15B	4.11B	4.24B	3.92B
Full Time Employees	23.99K	22.11K	22.96K	24.5K	21.9K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	86M	85M	80M	111M	120M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	3.31B	2.42B	4.54B	1.1B	-608M
Depreciation & Amortization - CF	366M	333M	344M	337M	383M
Amortization of Goodwill and Intangible Assets - (CF)	57M	60M	46M	41M	35M
Depreciation & Amortization, Total	423M	393M	390M	378M	418M
Amortization of Deferred Charges, Total - (CF)	12.55B	11.04B	13.35B	14.95B	14.71B
(Gain) Loss From Sale Of Asset	-498M	-214M	-2.34B	-56M	-
(Gain) Loss on Sale of Investments - (CF)	-113M	-206M	-47M	9M	-168M
Asset Writedown & Restructuring Costs	20M	37M	-	27M	2.45B
(Income) Loss On Equity Investments - (CF)	58M	34M	96M	207M	363M
Stock-Based Compensation (CF)	291M	274M	192M	172M	177M
Net Cash From Discontinued Operations	-	79M	118M	361M	91M
Other Operating Activities, Total	-815M	410M	144M	-255M	-1.32B
Change In Accounts Receivable	-256M	-68M	179M	-180M	523M
Change In Inventories	-14.22B	-12.17B	-16.58B	-17.16B	-15.52B
Change In Accounts Payable	297M	188M	760M	596M	-659M
Change in Unearned Revenues	-	-	-	-	-
Change In Income Taxes	160M	2M	265M	272M	267M
Change in Other Net Operating Assets	16M	68M	-112M	-203M	-255M
Cash from Operations	1.23B	2.29B	953M	219M	475M
Capital Expenditure	-353M	-324M	-354M	-358M	-328M
Sale of Property, Plant, and Equipment	6M	-	1.18B	-	71M
Cash Acquisitions	-399M	-147M	-54M	-	-
Divestitures	750M	459M	1.85B	-	-
Investment in Marketable and Equity Securities, Total	-171M	75M	-193M	-159M	-322M
Other Investing Activities, Total	12M	-7M	-32M	-9M	1.52B
Cash from Investing	-155M	56M	2.4B	-526M	942M
Short Term Debt Issued, Total	25M	-	-	-	-
Long-Term Debt Issued, Total	492M	4.38B	-	1.14B	45M
Total Debt Issued	517M	4.38B	-	1.14B	45M
Short Term Debt Repaid, Total	-	-706M	-	-	-
Long-Term Debt Repaid, Total	-910M	-2.9B	-2.23B	-3.14B	-1.28B
Total Debt Repaid	-910M	-3.61B	-2.23B	-3.14B	-1.28B
Issuance of Common Stock	15M	5M	2.08B	-	-
Repurchase of Common Stock	-113M	-151M	-110M	-31M	-29M
Issuance of Preferred Stock	-	-	983M	-	-
Common Dividends Paid	-595M	-600M	-617M	-631M	-389M
Preferred Dividends Paid	-	-	-30M	-58M	-58M
Common & Preferred Stock Dividends Paid	-595M	-600M	-647M	-689M	-447M
Other Financing Activities, Total	-130M	-112M	-228M	-259M	-133M
Cash from Financing	-1.22B	-90M	-152M	-2.98B	-1.84B
Foreign Exchange Rate Adjustments	-1M	25M	-48M	-94M	-1M
Net Change in Cash	-142M	2.28B	3.15B	-3.38B	-425M
Supplemental Items
Cash Interest Paid	922M	965M	970M	920M	901M
Cash Income Tax Paid (Refund)	598M	411M	291M	61M	22M
Levered Free Cash Flow	15.93B	14.07B	17.02B	17.41B	14.91B
Unlevered Free Cash Flow	16.53B	14.71B	17.64B	17.99B	15.48B
Change In Net Working Capital	-485M	-407M	-1.56B	-1.08B	657M
Net Debt Issued / Repaid	-393M	768M	-2.23B	-2B	-1.23B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	6.65	5.7	4.49	3.03	2.07
Return on Total Capital	9.72	8.08	6.21	4.22	2.89
Return On Equity %	27.19	17.34	22.73	3.58	-5.37
Return on Common Equity	27.65	16.13	22.96	2.94	-5.89
Margin Analysis
Gross Profit Margin %	40.19	41.34	37.93