Balance Sheet Vale S.A.

Equities

VALE3

BRVALEACNOR0

Iron & Steel

Delayed Sao Paulo Other stock markets 10:30:18 2026-01-15 am EST			5-day change	1st Jan Change
78.92 ^BRL	+9.43%		+4.90%	+10.17%

Jan. 14	LatAm stocks rise as geopolitical tensions lift commodity prices	RE
Jan. 12	Capital World Investors reaches 5.02% stake in Brazil's Vale	RE

5844e26c316a6bc6b35d868d.lwnyC6zxNGc6SzbOhzhfIpr1ZyRD64Q7ZDwdIM2rtqg.xXmmYJ-4XCUCOFqo1U4pW_2UV30NoLNZCkZ5VL3J2tHtZrtq6Ld7CVMDQQ

Published financial data: VALE S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	209B	294B	227B	208B	206B
Total Revenues	209B	294B	227B	208B	206B
Cost of Goods Sold, Total	98.57B	117B	124B	120B	131B
Gross Profit	110B	176B	102B	88.05B	74.69B
Selling General & Admin Expenses, Total	2.86B	2.6B	2.66B	2.76B	3.4B
Pre-Opening Costs	4.52B	3.47B	2.47B	2.25B	2.19B
R&D Expenses	2.29B	2.96B	3.41B	3.6B	4.31B
Impairment of Oil, Gas & Mineral Properties - (IS)	458M	119M	-203M	-	-
Other Operating Expenses	2.37B	1.54B	-2.4B	6.43B	6.66B
Other Operating Expenses, Total	12.49B	10.69B	5.93B	15.04B	16.55B
Operating Income	97.47B	166B	96.38B	73.01B	58.14B
Interest Expense, Total	-12.75B	-7.63B	-4.03B	-6.55B	-6.95B
Interest And Investment Income	646M	1.22B	2.27B	1.55B	1.78B
Net Interest Expenses	-12.1B	-6.41B	-1.76B	-5B	-5.18B
Income (Loss) On Equity Invest.	-5.44B	-6.95B	1.62B	-5.43B	-1.57B
Currency Exchange Gains (Loss)	-2.61B	2.17B	6.08B	-8.18B	-7.7B
Other Non Operating Income (Expenses)	-9.73B	21.86B	7.57B	3.58B	-8.08B
EBT, Excl. Unusual Items	67.59B	176B	110B	57.97B	35.61B
Restructuring Charges	-412M	-49M	-56M	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	12.49B
Gain (Loss) On Sale Of Assets	-	-976M	-1.73B	-1.32B	-3.93B
Asset Writedown	-10.95B	-559M	918M	-	-11.86B
Insurance Settlements	-	-	-	149M	61M
Legal Settlements	-87M	-531M	-793M	-1.14B	-1.68B
Other Unusual Items	-28.22B	-14.97B	-6.52B	-106M	3.54B
EBT, Incl. Unusual Items	27.93B	159B	102B	55.55B	34.22B
Income Tax Expense	3.02B	25.32B	15.18B	15B	3.79B
Earnings From Continuing Operations	24.9B	134B	86.52B	40.55B	30.43B
Earnings Of Discontinued Operations	-	-12.48B	9.82B	-	-
Net Income to Company	24.9B	121B	96.34B	40.55B	30.43B
Minority Interest	1.81B	-115M	-413M	-614M	1.16B
Net Income - (IS)	26.71B	121B	95.92B	39.94B	31.59B
Net Income to Common Incl Extra Items	26.71B	121B	95.92B	39.94B	31.59B
Net Income to Common Excl. Extra Items	26.71B	134B	86.11B	39.94B	31.59B
Per Share Items
Net EPS - Basic	5.21	24.19	20.68	9.15	7.39
Basic EPS - Continuing Operations	5.21	26.68	18.57	9.15	7.39
Basic Weighted Average Shares Outstanding	5.13B	5.01B	4.64B	4.37B	4.27B
Net EPS - Diluted	5.21	24.19	20.68	9.15	7.38
Diluted EPS - Continuing Operations	5.21	26.68	18.57	9.15	7.38
Diluted Weighted Average Shares Outstanding	5.13B	5.01B	4.64B	4.37B	4.28B
Normalized Basic EPS	8.59	21.95	14.72	8.16	5.48
Normalized Diluted EPS	8.59	21.95	14.72	8.15	5.47
Dividend Per Share	6.67	14.09	5.69	6.99	4.76
Payout Ratio	69.77	60.31	35.54	69.5	65.4
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	114B	181B	111B	87.16B	73.36B
EBITA	98.39B	167B	97.56B	74.26B	59.6B
EBIT	97.47B	166B	96.38B	73.01B	58.14B
EBITDAR	-	-	-	88.52B	75.17B
Effective Tax Rate - (Ratio)	10.83	15.91	14.93	27	11.08
Total Current Taxes	17.83B	30.08B	10.26B	6.87B	10.6B
Total Deferred Taxes	-14.8B	-4.76B	4.93B	8.13B	-6.8B
Normalized Net Income	44.06B	110B	68.27B	35.61B	23.42B
Interest Capitalized	345M	318M	240M	96M	197M
Interest on Long-Term Debt	8.95B	4.35B	565M	1.28B	1.31B
Non-Cash Pension Expense	132M	111M	87M	153M	449M
Supplemental Operating Expense Items
Advertising Expense	90M	145M	114M	128M	116M
Selling and Marketing Expenses	90M	145M	114M	128M	116M
Research And Development Expense From Footnotes	2.29B	2.96B	3.41B	3.6B	4.31B
Net Rental Expense, Total	-	-	-	1.37B	1.81B
Imputed Operating Lease Interest Expense	-	-	-	897M	1.08B
Imputed Operating Lease Depreciation	-	-	-	469M	727M
Maintenance & Repair Expenses, Total	14.05B	15.17B	16.03B	-	-
Stock-Based Comp., Other (Total)	389M	67M	95M	68M	57M
Total Stock-Based Compensation	389M	67M	95M	68M	57M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	70.09B	65.41B	24.71B	17.47B	30.67B
Short Term Investments	4.01B	1.03B	320M	-	-
Trading Asset Securities, Total	37M	346M	-	250M	331M
Total Cash And Short Term Investments	74.13B	66.78B	25.03B	17.72B	31B
Accounts Receivable, Total	25.94B	21.84B	22.54B	20.32B	14.6B
Other Receivables	2.65B	4.81B	6.64B	4.36B	6.81B
Notes Receivable	1.01B	-	-	-	-
Total Receivables	29.6B	26.65B	29.18B	24.67B	21.41B
Inventory	21.1B	24.43B	23.39B	22.68B	28.51B
Other Current Assets, Total	1.97B	6.94B	3.42B	25.45B	2.55B
Total Current Assets	127B	125B	81.01B	90.53B	83.48B
Gross Property Plant And Equipment	373B	409B	409B	394B	438B
Accumulated Depreciation	-159B	-175B	-174B	-160B	-191B
Net Property Plant And Equipment	214B	234B	234B	234B	248B
Long-term Investments	14.75B	9.91B	9.42B	9.28B	28.5B
Goodwill	17.14B	17.9B	16.64B	15.8B	18.81B
Other Intangibles, Total	31.17B	32.38B	36.78B	40.51B	46.29B
Loans Receivable Long-Term	4.79B	-	-	-	-
Deferred Tax Assets Long-Term	53.71B	63.85B	56.2B	46.31B	51.05B
Other Long-Term Assets, Total	15.93B	16.29B	18.87B	19.26B	20.6B
Total Assets	478B	499B	453B	456B	496B
Liabilities
Accounts Payable, Total	17.5B	19.39B	23.28B	25.52B	26.22B
Accrued Expenses, Total	5.63B	5.11B	4.85B	8.95B	7.86B
Current Portion of Long-Term Debt	10.65B	6.61B	1.6B	3.99B	6.32B
Current Portion of Leases	-	976M	948M	954M	907M
Current Income Taxes Payable	4.95B	12.15B	2.45B	2.08B	1.96B
Unearned Revenue Current, Total	1.09B	7.4B	6.17B	6.54B	6.53B
Other Current Liabilities	36.03B	33.18B	33.17B	22.92B	31.26B
Total Current Liabilities	75.84B	84.81B	72.48B	70.95B	81.06B
Long-Term Debt	98.1B	84.39B	70.96B	70.3B	99.01B
Long-Term Leases	-	7.97B	7.04B	6.08B	3.51B
Unearned Revenue Non Current	21.35B	17.94B	21.74B	25.37B	23.34B
Pension & Other Post Retirement Benefits	11.8B	8.56B	6.57B	6.69B	6.92B
Deferred Tax Liability Non Current	9.2B	10.49B	7.37B	4.21B	2.76B
Other Non Current Liabilities	80.86B	87.91B	72.34B	74.07B	66.02B
Total Liabilities	297B	302B	258B	258B	283B
Common Stock, Total	77.3B	77.3B	77.3B	77.3B	77.3B
Retained Earnings	36.6B	87.62B	108B	106B	115B
Treasury Stock	-6.45B	-29.19B	-25.68B	-17.74B	-19.78B
Comprehensive Income and Other	78.34B	56.67B	27.27B	25.22B	34.37B
Total Common Equity	186B	192B	187B	191B	207B
Minority Interest	-4.8B	4.66B	7.78B	7.36B	6.95B
Total Equity	181B	197B	195B	198B	214B
Total Liabilities And Equity	478B	499B	453B	456B	496B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.13B	4.84B	4.48B	4.3B	4.27B
ECS Total Common Shares Outstanding	5.13B	4.84B	4.48B	4.3B	4.27B
Book Value / Share	36.22	39.76	41.74	44.41	48.44
Tangible Book Value	137B	142B	134B	135B	142B
Tangible Book Value Per Share	26.8	29.37	29.82	31.32	33.19
Total Debt	109B	99.94B	80.55B	81.32B	110B
Net Debt	34.62B	33.16B	55.52B	63.59B	78.74B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-1.16B	-3.99B	-4.86B	-4.05B	1.3B
Debt Equivalent Oper. Leases	-	-	-	10.93B	14.49B
Minority Interest, Total (Incl. Fin. Div)	-4.8B	4.66B	7.78B	7.36B	6.95B
Equity Method Investments, Total	10.56B	9.77B	9.38B	9.06B	28.16B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	4.09B	4.78B	5.27B	5.61B	6.12B
Inventories - Work In Process, Total	3.35B	4.57B	4.18B	2.75B	4.28B
Inventories - Finished Goods, Total	13.66B	15.62B	14.49B	14.99B	18.97B
Land - (BS)	-	-	-	-	-
Buildings, Total	-	83.36B	83.62B	84.15B	94.53B
Machinery, Total	75.52B	80.84B	82.16B	71.46B	82.51B
Full Time Employees	74.32K	-	-	-	64.62K
Accumulated Allowance for Doubtful Accounts (Supple)	261M	266M	226M	213M	322M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	26.71B	121B	95.92B	39.94B	31.59B
Depreciation & Amortization - CF	15.64B	14.9B	14.98B	13.84B	14.77B
Amortization of Goodwill and Intangible Assets - (CF)	915M	1.29B	1.18B	1.25B	1.46B
Impairment of Oil, Gas & Mineral Properties - (CF)	458M	119M	-203M	-	-
Depreciation & Amortization, Total	17.02B	16.31B	15.96B	15.1B	16.24B
Amortization of Deferred Charges, Total - (CF)	120M	189M	221M	205M	287M
(Gain) Loss From Sale Of Asset	-	-	-2.82B	1.32B	3.93B
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-12.49B
Asset Writedown & Restructuring Costs	11.36B	2.23B	-807M	-	11.86B
(Income) Loss On Equity Investments - (CF)	5.44B	6.95B	-1.62B	5.43B	1.57B
Net Cash From Discontinued Operations	-	-1.73B	213M	-	-
Other Operating Activities, Total	35.46B	-9.32B	-40.95B	8.02B	-4.22B
Change In Accounts Receivable	-14.14B	4.6B	-1.81B	1.59B	8.18B
Change In Inventories	-724M	-2.57B	211M	-1.12B	-2.46B
Change In Accounts Payable	-932M	1.29B	2.28B	3.1B	-2.02B
Change in Unearned Revenues	-	-	-	-	-
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	-5.1B	-2.4B	-8.6B	-7.68B	-2.28B
Cash from Operations	75.21B	137B	58.2B	65.9B	50.2B
Capital Expenditure	-22.73B	-27.3B	-28.18B	-29.45B	-35.1B
Sale of Property, Plant, and Equipment	2.23B	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	3.78B	-	-	-
Investment in Marketable and Equity Securities, Total	-1.9B	2.43B	4.37B	-179M	13.43B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-1.83B	-14.21B	-362M	-1.8B	-9.12B
Cash from Investing	-24.23B	-35.29B	-24.18B	-31.42B	-30.78B
Long-Term Debt Issued, Total	34.02B	5.16B	6.76B	9.58B	26.7B
Total Debt Issued	34.02B	5.16B	6.76B	9.58B	26.7B
Long-Term Debt Repaid, Total	-34.34B	-11.91B	-12.92B	-4.37B	-15.45B
Total Debt Repaid	-34.34B	-11.91B	-12.92B	-4.37B	-15.45B
Repurchase of Common Stock	-	-29.12B	-30.64B	-13.59B	-2.05B
Common Dividends Paid	-18.64B	-73.11B	-34.09B	-27.76B	-20.66B
Common & Preferred Stock Dividends Paid	-18.64B	-73.11B	-34.09B	-27.76B	-20.66B
Other Financing Activities, Total	909M	-247M	-119M	-861M	-1M
Cash from Financing	-18.04B	-109B	-71B	-37B	-11.47B
Foreign Exchange Rate Adjustments	7.6B	3.07B	-3.66B	-1.31B	4.83B
Miscellaneous Cash Flow Adjustments	-79M	-	-61M	-3.4B	418M
Net Change in Cash	40.46B	-4.68B	-40.7B	-7.24B	13.2B
Supplemental Items
Cash Interest Paid	3.91B	6.14B	5.9B	4.87B	6B
Cash Income Tax Paid (Refund)	9.14B	23.61B	24.07B	9.37B	9.98B
Levered Free Cash Flow	49.76B	93.44B	40.03B	6.72B	41.63B
Unlevered Free Cash Flow	57.72B	98.21B	42.55B	10.81B	45.98B
Change In Net Working Capital	-2B	-5.47B	5.78B	20.74B	-28.16B
Net Debt Issued / Repaid	-313M	-6.75B	-6.15B	5.21B	11.25B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	14.37	21.18	12.65	10.04	7.63
Return on Total Capital	23.17	35.36	21.19	16.44	12.05
Return On Equity %	14.73	70.8	44.15	20.63	14.77
Return on Common Equity	15.38	70.71	45.38	21.13	15.89
Margin Analysis
Gross Profit Margin %	52.73	60.05	45.17	42.32	36.25
SG&A Margin	1.37	0.89	1.17	1.33	1.65
EBITDA Margin %	54.48	61.64	49.18	41.89	35.61
EBITA Margin %	47.18	56.84	43.07	35.69	28.93
EBIT Margin %	46.74	56.41	42.55	35.09	28.22
Income From Continuing Operations Margin %	11.94	45.59	38.2	19.49	14.77
Net Income Margin %	12.81	41.3	42.35	19.2	15.34
Net Avail. For Common Margin %	12.81	45.55	38.01	19.2	15.34
Normalized Net Income Margin	21.13	37.49	30.14	17.12	11.37
Levered Free Cash Flow Margin	23.86	31.83	17.67	3.23	20.21
Unlevered Free Cash Flow Margin	27.68	33.46	18.79	5.2	22.32
Asset Turnover
Asset Turnover	0.49	0.6	0.48	0.46	0.43
Fixed Assets Turnover	1.04	1.31	0.97	0.89	0.85
Receivables Turnover (Average Receivables)	11.54	12.29	10.21	9.71	11.8
Inventory Turnover (Average Inventory)	5.14	5.15	5.19	5.21	5.13
Short Term Liquidity
Current Ratio	1.67	1.47	1.12	1.28	1.03
Quick Ratio	1.35	1.1	0.75	0.6	0.65
Operating Cash Flow to Current Liabilities	0.99	1.61	0.8	0.93	0.62
Days Sales Outstanding (Average Receivables)	31.71	29.71	35.76	37.59	31.02
Days Outstanding Inventory (Average Inventory)	71.17	70.86	70.26	70.05	71.34
Average Days Payable Outstanding	60.83	55.83	63.23	74.65	69.04
Cash Conversion Cycle (Average Days)	42.05	44.74	42.78	32.99	33.32
Long Term Solvency
Total Debt/Equity	60.09	50.72	41.33	41	51.35
Total Debt / Total Capital	37.53	33.65	29.24	29.08	33.93
LT Debt/Equity	54.2	46.87	40.02	38.51	47.97
Long-Term Debt / Total Capital	33.86	31.1	28.32	27.31	31.69
Total Liabilities / Total Assets	62.15	60.52	57.01	56.51	56.94
EBIT / Interest Expense	7.65	21.69	23.91	11.15	8.36
EBITDA / Interest Expense	8.98	23.83	27.87	13.45	10.7
(EBITDA - Capex) / Interest Expense	7.2	20.25	20.88	8.96	5.65
Total Debt / EBITDA	0.95	0.55	0.72	0.92	1.48
Net Debt / EBITDA	0.3	0.18	0.49	0.72	1.06
Total Debt / (EBITDA - Capex)	1.19	0.65	0.96	1.39	2.79
Net Debt / (EBITDA - Capex)	0.38	0.21	0.66	1.08	2
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	40.29	42.42	-22.83	-8.14	-0.99
Gross Profit, 1 Yr. Growth %	69.68	53.07	-41.95	-13.94	-15.18
EBITDA, 1 Yr. Growth %	66.14	52.9	-38.47	-17.32	-15.83
EBITA, 1 Yr. Growth %	85.13	61.7	-41.56	-18.91	-19.74
EBIT, 1 Yr. Growth %	86.7	61.88	-41.82	-19.24	-20.37
Earnings From Cont. Operations, 1 Yr. Growth %	-386.34	296.2	-35.35	-53.13	-24.96
Net Income, 1 Yr. Growth %	-500.37	353.82	-20.87	-58.36	-20.9
Normalized Net Income, 1 Yr. Growth %	74.4	133.16	-37.99	-44.81	-34.25
Diluted EPS Before Extra, 1 Yr. Growth %	-500.25	284.5	-30.4	-50.73	-19.32
Accounts Receivable, 1 Yr. Growth %	154.48	-15.82	3.19	-9.85	-28.14
Inventory, 1 Yr. Growth %	22.49	15.76	-4.27	-3.02	25.72
Net Property, Plant and Equip., 1 Yr. Growth %	13.9	9.43	0.2	-0.07	5.67
Total Assets, 1 Yr. Growth %	29.34	4.39	-9.16	0.57	8.85
Tangible Book Value, 1 Yr. Growth %	8.06	3.38	-5.93	0.72	5.21
Common Equity, 1 Yr. Growth %	15.05	3.56	-2.75	2.06	8.28
Cash From Operations, 1 Yr. Growth %	59.06	81.85	-57.44	13.24	-23.83
Capital Expenditures, 1 Yr. Growth %	53.82	25.7	3.23	4.48	19.19
Levered Free Cash Flow, 1 Yr. Growth %	-1.89	70.36	-57.42	-81.41	519.84
Unlevered Free Cash Flow, 1 Yr. Growth %	1.41	57.01	-56.93	-72.15	325.33
Dividend Per Share, 1 Yr. Growth %	371.53	111.32	-59.62	22.81	-31.94
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	24.52	42.46	4.83	-15.81	-4.63
Gross Profit, 2 Yr. CAGR %	43.66	60.76	-5.74	-29.32	-14.56
EBITDA, 2 Yr. CAGR %	39.02	58.55	-3.38	-27.9	-15.21
EBITA, 2 Yr. CAGR %	45.39	69.38	-2.55	-29.94	-16.58
EBIT, 2 Yr. CAGR %	44.71	68.72	-3.14	-30.53	-17.61
Earnings From Cont. Operations, 2 Yr. CAGR %	-2.29	731.85	60.04	-44.95	-40.69
Net Income, 2 Yr. CAGR %	2.04	326.26	89.5	-42.6	-42.61
Normalized Net Income, 2 Yr. CAGR %	56.81	94.62	20.21	-40.65	-38.34
Diluted EPS Before Extra, 2 Yr. CAGR %	1.9	487.81	63.59	-41.43	-36.95
Accounts Receivable, 2 Yr. CAGR %	59.01	46.36	-6.8	-3.55	-19.51
Inventory, 2 Yr. CAGR %	10.71	19.08	5.27	-3.65	10.42
Net Property, Plant and Equip., 2 Yr. CAGR %	6.8	11.64	4.71	0.07	2.76
Total Assets, 2 Yr. CAGR %	18.29	16.2	-2.62	-4.42	4.63
Tangible Book Value, 2 Yr. CAGR %	-0.75	5.69	-1.39	-2.66	2.94
Common Equity, 2 Yr. CAGR %	4.42	9.16	0.36	-0.37	5.12
Cash From Operations, 2 Yr. CAGR %	25.44	70.08	-12.03	-30.58	-7.13
Capital Expenditures, 2 Yr. CAGR %	27.87	40.54	13.91	3.85	11.59
Levered Free Cash Flow, 2 Yr. CAGR %	45.81	34.03	-14.43	-71.85	11.71
Unlevered Free Cash Flow, 2 Yr. CAGR %	45.5	30.01	-17.41	-65.29	12.94
Dividend Per Share, 2 Yr. CAGR %	112.25	215.67	-7.63	-29.58	-8.58
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	24.32	29.72	16.13	0.32	-11.13
Gross Profit, 3 Yr. CAGR %	38.63	49	14.48	-8.56	-24.89
EBITDA, 3 Yr. CAGR %	33.46	45.46	15.67	-9.94	-24.09
EBITA, 3 Yr. CAGR %	39.88	53.04	18.82	-10.25	-26.69
EBIT, 3 Yr. CAGR %	39.44	52.65	18.34	-10.76	-27.3
Earnings From Cont. Operations, 3 Yr. CAGR %	7.09	72.47	254.99	6.28	-38.96
Net Income, 3 Yr. CAGR %	14.86	67.8	143.16	14.35	-36.13
Normalized Net Income, 3 Yr. CAGR %	38.44	83.12	32.95	-8.99	-38.59
Diluted EPS Before Extra, 3 Yr. CAGR %	10.18	74.56	188.64	9.66	-34.83
Accounts Receivable, 3 Yr. CAGR %	44.48	28.63	30.27	-7.83	-12.56
Inventory, 3 Yr. CAGR %	17.57	12.37	10.72	2.43	5.29
Net Property, Plant and Equip., 3 Yr. CAGR %	5.61	7.67	7.69	3.09	1.9
Total Assets, 3 Yr. CAGR %	13.37	13.46	7.04	-1.57	-0.19
Tangible Book Value, 3 Yr. CAGR %	5.93	0.61	1.67	-0.69	-0.11
Common Equity, 3 Yr. CAGR %	8.92	4.13	5.03	0.92	2.43
Cash From Operations, 3 Yr. CAGR %	24.31	41.97	7.17	-4.31	-28.4
Capital Expenditures, 3 Yr. CAGR %	22.92	25.24	26.81	10.68	8.73
Levered Free Cash Flow, 3 Yr. CAGR %	11.5	58.64	-8.36	-50.29	-21.11
Unlevered Free Cash Flow, 3 Yr. CAGR %	12.47	53.29	-9.86	-44.25	-19.97
Dividend Per Share, 3 Yr. CAGR %	94.35	111.94	59.05	1.57	-30.38
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	21.72	25.41	15.85	9.12	7.33
Gross Profit, 5 Yr. CAGR %	48.4	39.39	19.91	10.57	1.83
EBITDA, 5 Yr. CAGR %	41.54	35.66	18.44	8.19	0.38
EBITA, 5 Yr. CAGR %	67.1	43.65	22.1	9.79	0.49
EBIT, 5 Yr. CAGR %	66.79	43.43	21.8	9.42	-0.01
Earnings From Cont. Operations, 5 Yr. CAGR %	-11.29	50.29	33.66	9.23	73.53
Net Income, 5 Yr. CAGR %	-9.59	55.55	40.33	9.25	36.48
Normalized Net Income, 5 Yr. CAGR %	21	42.12	32.68	14.73	-4.22
Diluted EPS Before Extra, 5 Yr. CAGR %	-9.08	51.33	36.67	12.77	57.07
Accounts Receivable, 5 Yr. CAGR %	35.11	12.84	21.24	14.64	7.45
Inventory, 5 Yr. CAGR %	8.91	17.49	12.48	5.67	10.6
Net Property, Plant and Equip., 5 Yr. CAGR %	0.24	5.32	5.25	4.56	5.69
Total Assets, 5 Yr. CAGR %	6.71	9.11	6.68	5.94	6.07
Tangible Book Value, 5 Yr. CAGR %	4.49	6.27	2.94	-0.71	2.17
Common Equity, 5 Yr. CAGR %	7.21	8.62	5.41	2.3	5.07
Cash From Operations, 5 Yr. CAGR %	36.76	44.6	8.25	6.64	1.2
Capital Expenditures, 5 Yr. CAGR %	-3.34	9.5	18.16	16.2	20.49
Levered Free Cash Flow, 5 Yr. CAGR %	35.15	97.55	2.21	-22.09	-4.36
Unlevered Free Cash Flow, 5 Yr. CAGR %	44.46	136.25	0.96	-16.89	-4.57
Dividend Per Share, 5 Yr. CAGR %	46.89	67.41	44.34	36.4	27.45