WAT

WAT

Waters Corporation

$379.29

+$1.16 (+0.31%)

Mkt Cap: $24.72B

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Waters Corporation (WAT) Financial Statements

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Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Revenue	$3.77B	$3.17B ↑7.0%	$2.96B ↑0.1%	$2.96B ↓0.5%	$2.97B ↑6.7%	$2.79B
Cost of Revenue	$1.70B	$1.34B ↑11.4%	$1.20B ↑0.4%	$1.20B ↓4.2%	$1.25B ↑7.9%	$1.16B
Gross Profit	$2.07B	$1.83B ↑4.0%	$1.76B ↓0.2%	$1.76B ↑2.2%	$1.72B ↑5.8%	$1.63B
R&D Expenses	$248.29M	$195.18M ↑6.6%	$183.03M ↑4.6%	$174.94M ↓0.7%	$176.19M ↑4.7%	$168.36M
SG&A Expenses	$1.01B	$740.27M ↑7.3%	$690.15M ↓6.2%	$736.01M ↑11.9%	$658.03M ↑5.0%	$626.97M
Operating Income	$643.90M	$893.22M ↑8.1%	$826.35M ↑1.1%	$817.68M ↓6.4%	$873.39M ↑6.3%	$821.71M
Interest Expense	$91.61M	$50.77M ↓43.4%	$89.68M ↓9.3%	$98.86M ↑102.6%	$48.80M ↑8.6%	$44.94M
Income Tax	$74.74M	$112.25M ↓4.1%	$117.03M ↑24.5%	$94.01M ↓27.7%	$130.09M ↑14.8%	$113.35M
Net Income	$449.25M	$642.63M ↑0.8%	$637.83M ↓0.7%	$642.23M ↓9.3%	$707.75M ↑2.2%	$692.84M
EBITDA	$924.47M	$1.01B ↓2.4%	$1.04B ↑3.5%	$1.00B ↓1.6%	$1.02B ↑3.5%	$982.81M
EPS	7.87	10.76 ↑0.5%	10.71 ↓1.2%	10.84 ↓7.6%	11.73 ↑5.0%	11.17
Shares Out (Diluted)	261.18M	59.71M ↑0.3%	59.55M ↑0.5%	59.27M ↓1.8%	60.33M ↓2.7%	62.03M

Metric	TTM	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Revenue	$3.77B	$1.27B ↑91.5%	$932.36M ↑6.8%	$799.89M ↑8.0%	$771.33M ↑8.9%	$661.71M ↑3.9%	$872.71M ↑6.5%	$740.30M ↑4.0%	$708.53M ↓4.3%	$636.84M ↓7.0%	$819.47M ↓4.5%	$711.69M ↑0.4%	$740.58M ↑3.7%	$684.67M ↓0.9%	$858.51M ↑2.6%	$708.55M ↑7.5%	$714.32M ↑4.8%	$690.57M ↑13.5%	$836.45M	$659.23M	$681.65M	$608.54M
Cost of Revenue	$1.70B	$672.00M ↑142.8%	$374.94M ↑7.6%	$327.81M ↑8.7%	$321.41M ↑11.5%	$276.75M ↑5.7%	$348.52M ↑9.5%	$301.65M ↑3.5%	$288.24M ↓4.3%	$261.79M ↓7.9%	$318.36M ↓8.6%	$291.41M ↓5.1%	$301.08M ↓2.0%	$284.38M ↓0.5%	$348.19M ↓0.8%	$307.10M ↑13.3%	$307.21M ↑9.6%	$285.69M ↑12.4%	$351.00M	$271.13M	$280.25M	$254.15M
Gross Profit	$2.07B	$595.00M ↑54.6%	$557.42M ↑6.3%	$472.08M ↑7.6%	$449.93M ↑7.1%	$384.96M ↑2.6%	$524.20M ↑4.6%	$438.65M ↑4.4%	$420.29M ↓4.4%	$375.05M ↓6.3%	$501.11M ↓1.8%	$420.29M ↑4.7%	$439.50M ↑8.0%	$400.29M ↓1.1%	$510.32M ↑5.1%	$401.45M ↑3.4%	$407.11M ↑1.4%	$404.89M ↑14.2%	$485.44M	$388.11M	$401.39M	$354.40M
R&D Expenses	$248.29M	$96.00M ↑105.9%	$50.10M ↑6.8%	$53.64M ↑18.3%	$48.55M ↑5.1%	$46.62M ↑4.5%	$46.91M ↑5.7%	$45.34M ↑8.0%	$46.18M ↑0.7%	$44.59M ↑4.5%	$44.39M ↓8.1%	$41.99M ↓3.3%	$45.87M ↑4.2%	$42.69M ↑5.5%	$48.28M ↑11.4%	$43.44M ↑3.5%	$44.01M ↓2.1%	$40.47M ↑6.2%	$43.33M	$41.99M	$44.95M	$38.09M
SG&A Expenses	$1.01B	$394.00M ↑125.3%	$196.74M ↑13.5%	$214.23M ↑26.7%	$201.26M ↑16.2%	$174.88M ↑0.2%	$173.27M ↓3.9%	$169.10M ↓9.5%	$173.25M ↓7.3%	$174.54M ↓4.1%	$180.36M ↑3.5%	$186.75M ↑13.6%	$186.95M ↑15.5%	$181.96M ↑15.5%	$174.26M ↑0.7%	$164.42M ↑7.8%	$161.88M ↑2.3%	$157.47M ↑10.0%	$173.01M	$152.54M	$158.21M	$143.20M
Operating Income	$643.90M	-$47.00M ↓131.0%	$310.58M ↑6.3%	$192.11M ↓9.0%	$188.21M ↓0.5%	$151.75M ↑13.4%	$292.26M ↑10.6%	$211.13M ↑17.7%	$189.11M ↓5.4%	$133.85M ↓23.2%	$264.22M ↓7.7%	$179.43M ↓6.6%	$199.86M ↑0.1%	$174.17M ↓10.9%	$286.28M ↑9.2%	$192.01M ↑0.1%	$199.63M ↑1.6%	$195.47M ↑14.1%	$262.20M	$191.81M	$196.42M	$171.27M
Interest Expense	$91.61M	$42.00M ↑194.3%	$8.62M ↓54.6%	$26.64M ↑24.3%	$14.35M ↓39.5%	$14.27M ↓44.1%	$19.00M ↓38.1%	$21.43M ↓29.6%	$23.73M ↑2.0%	$25.52M ↑76.7%	$30.70M ↑120.9%	$30.44M ↑145.1%	$23.27M ↑103.8%	$14.44M ↑30.6%	$13.90M ↑27.7%	$12.42M ↑12.1%	$11.42M ↓5.1%	$11.06M ↑1.0%	$10.88M	$11.08M	$12.03M	$10.95M
Income Tax	$74.74M	-$16.00M ↓174.4%	$38.97M ↓14.5%	$21.20M ↓34.0%	$30.58M ↑14.6%	$21.51M ↑69.9%	$45.59M ↑113.1%	$32.11M ↑72.3%	$26.68M ↓10.2%	$12.66M ↓47.8%	$21.39M ↓55.8%	$18.64M ↓31.9%	$29.72M ↑8.4%	$24.25M ↓9.7%	$48.43M ↑34.2%	$27.38M ↑27.4%	$27.41M ↓9.0%	$26.86M ↑4.7%	$36.08M	$21.49M	$30.12M	$25.66M
Net Income	$449.25M	-$72.00M ↓159.3%	$225.21M ↓2.7%	$148.92M ↓7.8%	$147.11M ↑3.1%	$121.38M ↑18.8%	$231.40M ↑7.0%	$161.50M ↑20.0%	$142.74M ↓5.2%	$102.20M ↓27.5%	$216.21M ↓4.8%	$134.55M ↓13.7%	$150.55M ↓8.7%	$140.92M ↓11.8%	$227.06M ↑5.0%	$156.00M ↓3.2%	$164.86M ↓1.5%	$159.83M ↑7.9%	$216.24M	$161.19M	$167.29M	$148.13M
EBITDA	$924.47M	$106.00M ↓48.7%	$325.34M ↓5.6%	$249.43M ↓5.0%	$243.69M ↑1.4%	$206.53M ↑9.3%	$344.55M ↑8.9%	$262.56M ↑13.4%	$240.37M ↓0.9%	$188.89M ↓10.4%	$316.36M ↓1.4%	$231.44M ↑1.5%	$242.43M ↑1.9%	$210.77M ↓8.5%	$320.71M ↑8.0%	$228.01M ↑0.5%	$237.92M ↓2.0%	$230.42M ↑6.6%	$296.96M	$226.94M	$242.83M	$216.09M
EPS	7.87	-0.87 ↓142.9%	3.77 ↓2.8%	2.50 ↓7.7%	2.47 ↑2.9%	2.03 ↑18.0%	3.88 ↑6.3%	2.71 ↑19.4%	2.40 ↓5.9%	1.72 ↓27.7%	3.65 ↓4.2%	2.27 ↓12.7%	2.55 ↓6.3%	2.38 ↓9.2%	3.81 ↑8.2%	2.60 -	2.72 ↑1.1%	2.62 ↑10.5%	3.52	2.60	2.69	2.37
Shares Out (Diluted)	261.18M	82.14M ↑37.6%	59.76M ↑0.2%	59.62M ↑0.2%	59.66M ↑0.3%	59.71M ↑0.5%	59.65M ↑0.6%	59.50M ↑0.4%	59.45M ↑0.7%	59.43M ↑0.2%	59.31M ↓0.6%	59.26M ↓1.4%	59.01M ↓2.5%	59.32M ↓2.7%	59.64M ↓2.9%	60.08M ↓2.9%	60.51M ↓2.6%	60.95M ↓2.7%	61.42M	61.89M	62.16M	62.63M

Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Cash & Equiv.	$462.00M	$587.83M ↑81.2%	$324.42M ↓17.9%	$395.08M ↓17.8%	$480.53M ↓4.1%	$501.23M
Accounts Receivable	$1.75B	$828.84M ↑13.0%	$733.37M ↑4.4%	$702.17M ↓2.9%	$722.89M ↑18.0%	$612.65M
Inventory	$1.50B	$572.37M ↑19.9%	$477.26M ↓7.5%	$516.24M ↑13.3%	$455.71M ↑28.0%	$356.10M
Current Assets	$4.06B	$2.15B ↑28.7%	$1.67B ↓4.8%	$1.75B ↓0.6%	$1.76B ↑8.3%	$1.63B
Goodwill & Intangibles	$18.09B	$1.90B ↑1.9%	$1.86B ↓3.7%	$1.93B ↑194.1%	$657.73M ↓3.3%	$680.27M
Total Assets	$24.53B	$5.08B ↑11.5%	$4.55B ↓1.6%	$4.63B ↑41.0%	$3.28B ↑6.0%	$3.09B
Accounts Payable	$602.00M	$103.78M ↑3.8%	$99.93M ↑18.0%	$84.70M ↓9.2%	$93.30M ↓3.6%	$96.80M
Short-term Debt	$360.00M	$460.00M	$0.00 ↓100.0%	$50.00M -	$50.00M	$0.00
Current Liabilities	$2.27B	$1.24B ↑56.9%	$789.76M ↑0.0%	$789.58M ↑0.5%	$785.74M ↑15.5%	$680.51M
Long-term Debt	$4.86B	$947.45M ↓41.7%	$1.63B ↓29.5%	$2.31B ↑51.2%	$1.52B ↑0.7%	$1.51B
Total Debt	$5.57B	$1.49B ↓12.4%	$1.70B ↓30.3%	$2.44B ↑46.8%	$1.66B ↑3.9%	$1.60B
Total Liabilities	$9.24B	$2.52B ↓7.7%	$2.73B ↓21.6%	$3.48B ↑25.2%	$2.78B ↑1.8%	$2.73B
Retained Earnings	$10.36B	$10.43B ↑6.6%	$9.79B ↑7.0%	$9.15B ↑7.5%	$8.51B ↑9.1%	$7.80B
Total Equity	$15.29B	$2.56B ↑40.1%	$1.83B ↑59.0%	$1.15B ↑128.0%	$504.49M ↑37.3%	$367.55M

Metric	TTM	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Cash & Equiv.	$462.00M	$462.00M ↑20.7%	$587.83M ↑81.2%	$459.12M ↑38.9%	$367.21M ↑12.5%	$382.87M ↑13.5%	$324.42M ↓17.9%	$330.51M ↓1.8%	$326.43M ↓1.0%	$337.29M ↓30.6%	$395.08M ↓17.8%	$336.41M ↓24.2%	$329.69M ↓21.3%	$486.07M ↑1.2%	$480.53M ↓4.1%	$443.64M ↓15.4%	$418.90M ↓8.9%	$480.07M ↓29.8%	$501.23M	$524.70M	$460.06M	$683.78M
Accounts Receivable	$1.75B	$1.75B ↑145.8%	$828.84M ↑13.0%	$748.52M ↑11.8%	$730.07M ↑19.7%	$713.28M ↑13.9%	$733.37M ↑4.4%	$669.53M ↑6.1%	$610.09M ↓12.0%	$626.33M ↓8.3%	$702.17M ↓2.9%	$631.28M ↑5.1%	$693.44M ↑8.4%	$683.34M ↑12.5%	$722.89M ↑18.0%	$600.92M ↑12.8%	$639.45M ↑17.7%	$607.26M ↑10.3%	$612.65M	$532.96M	$543.07M	$550.68M
Inventory	$1.50B	$1.50B ↑192.5%	$572.37M ↑19.9%	$572.94M ↑10.4%	$540.75M ↑3.4%	$511.50M ↓5.0%	$477.26M ↓7.5%	$518.99M ↓4.7%	$522.93M ↓2.6%	$538.63M ↑7.9%	$516.24M ↑13.3%	$544.40M ↑23.1%	$536.83M ↑31.0%	$499.42M ↑30.8%	$455.71M ↑28.0%	$442.24M ↑13.8%	$409.92M ↑17.5%	$381.90M ↑16.4%	$356.10M	$388.76M	$348.77M	$327.97M
Current Assets	$4.06B	$4.06B ↑133.6%	$2.15B ↑28.7%	$1.92B ↑16.5%	$1.78B ↑11.1%	$1.74B ↑5.9%	$1.67B ↓4.8%	$1.65B ↑0.8%	$1.60B ↓4.6%	$1.64B ↓7.4%	$1.75B ↓0.6%	$1.63B ↑3.7%	$1.68B ↑7.5%	$1.77B ↑11.9%	$1.76B ↑8.3%	$1.58B ↓5.0%	$1.56B ↓4.5%	$1.59B ↓10.3%	$1.63B	$1.66B	$1.64B	$1.77B
Goodwill & Intangibles	$18.09B	$18.09B ↑872.3%	$1.90B ↑1.9%	$1.91B ↑0.6%	$1.92B ↑1.2%	$1.86B ↓2.5%	$1.86B ↓3.7%	$1.90B ↓2.1%	$1.89B ↓3.5%	$1.91B ↑187.3%	$1.93B ↑194.1%	$1.94B ↑206.0%	$1.96B ↑200.6%	$664.36M ↓1.2%	$657.73M ↓3.3%	$633.69M ↓7.2%	$653.11M ↓4.9%	$672.22M ↓1.0%	$680.27M	$682.83M	$686.66M	$678.99M
Total Assets	$24.53B	$24.53B ↑434.3%	$5.08B ↑11.5%	$4.86B ↑7.8%	$4.72B ↑6.0%	$4.59B ↑1.8%	$4.55B ↓1.6%	$4.51B ↑0.3%	$4.45B ↓2.2%	$4.51B ↑36.4%	$4.63B ↑41.0%	$4.50B ↑46.5%	$4.55B ↑49.6%	$3.31B ↑8.7%	$3.28B ↑6.0%	$3.07B ↓1.5%	$3.04B ↓2.0%	$3.04B ↓5.3%	$3.09B	$3.12B	$3.10B	$3.21B
Accounts Payable	$602.00M	$602.00M ↑489.9%	$103.78M ↑3.8%	$115.73M ↑22.3%	$97.91M ↑24.8%	$102.06M ↑18.4%	$99.93M ↑18.0%	$94.60M ↑18.5%	$78.44M ↓4.3%	$86.22M ↓7.8%	$84.70M ↓9.2%	$79.83M ↓17.3%	$81.92M ↓16.4%	$93.56M ↑0.3%	$93.30M ↓3.6%	$96.57M ↑8.6%	$97.98M ↑17.7%	$93.23M ↑14.4%	$96.80M	$88.90M	$83.25M	$81.51M
Short-term Debt	$360.00M	$360.00M ↑260.0%	$460.00M	$460.00M	$260.00M	$100.00M ↑100.0%	$0.00 ↓100.0%	$0.00 ↓100.0%	$0.00 ↓100.0%	$50.00M ↓0.1%	$50.00M -	$50.00M -	$50.00M -	$50.04M	$50.00M	$50.00M	$50.00M	$0.00 ↓100.0%	$0.00	$0.00	$0.00	$100.00M
Current Liabilities	$2.27B	$2.27B ↑136.5%	$1.24B ↑56.9%	$1.25B ↑53.3%	$1.02B ↑33.3%	$960.97M ↑13.3%	$789.76M ↑0.0%	$816.04M ↑9.5%	$762.53M ↓5.8%	$848.46M ↑5.8%	$789.58M ↑0.5%	$745.03M ↑1.8%	$809.39M ↑8.4%	$801.95M ↑16.6%	$785.74M ↑15.5%	$731.97M ↑8.9%	$746.56M ↑9.6%	$687.83M ↓12.4%	$680.51M	$671.89M	$681.02M	$785.05M
Long-term Debt	$4.86B	$4.86B ↑257.8%	$947.45M ↓41.7%	$947.21M ↓48.1%	$1.20B ↓40.3%	$1.36B ↓32.4%	$1.63B ↓29.5%	$1.83B ↓25.6%	$2.01B ↓22.3%	$2.01B ↑40.3%	$2.31B ↑51.2%	$2.46B ↑64.3%	$2.58B ↑79.9%	$1.43B ↓1.0%	$1.52B ↑0.7%	$1.49B ↓7.4%	$1.43B ↓10.5%	$1.44B ↓9.9%	$1.51B	$1.61B	$1.60B	$1.60B
Total Debt	$5.57B	$5.57B ↑262.6%	$1.49B ↓12.4%	$1.49B ↓22.0%	$1.54B ↓26.3%	$1.54B ↓28.2%	$1.70B ↓30.3%	$1.90B ↓26.5%	$2.09B ↓23.3%	$2.14B ↑36.5%	$2.44B ↑46.8%	$2.59B ↑59.0%	$2.72B ↑73.4%	$1.57B ↑2.3%	$1.66B ↑3.9%	$1.63B ↓4.0%	$1.57B ↓7.2%	$1.53B ↓14.5%	$1.60B	$1.70B	$1.69B	$1.79B
Total Liabilities	$9.24B	$9.24B ↑251.4%	$2.52B ↓7.7%	$2.53B ↓12.9%	$2.56B ↓15.8%	$2.63B ↓19.2%	$2.73B ↓21.6%	$2.91B ↓19.0%	$3.04B ↓19.6%	$3.25B ↑20.1%	$3.48B ↑25.2%	$3.59B ↑33.8%	$3.78B ↑42.6%	$2.71B ↑1.5%	$2.78B ↑1.8%	$2.68B ↓4.8%	$2.65B ↓6.6%	$2.67B ↓10.5%	$2.73B	$2.82B	$2.84B	$2.98B
Retained Earnings	$10.36B	$10.36B ↑4.5%	$10.43B ↑6.6%	$10.21B ↑6.8%	$10.06B ↑7.0%	$9.91B ↑7.1%	$9.79B ↑7.0%	$9.56B ↑7.0%	$9.40B ↑6.8%	$9.25B ↑7.0%	$9.15B ↑7.5%	$8.93B ↑7.9%	$8.80B ↑8.3%	$8.65B ↑8.7%	$8.51B ↑9.1%	$8.28B ↑9.2%	$8.13B ↑9.5%	$7.96B ↑9.7%	$7.80B	$7.58B	$7.42B	$7.26B
Total Equity	$15.29B	$15.29B ↑679.3%	$2.56B ↑40.1%	$2.33B ↑45.4%	$2.16B ↑53.0%	$1.96B ↑56.2%	$1.83B ↑59.0%	$1.60B ↑77.0%	$1.41B ↑83.1%	$1.26B ↑109.5%	$1.15B ↑128.0%	$905.52M ↑135.1%	$771.23M ↑96.7%	$599.82M ↑60.0%	$504.49M ↑37.3%	$385.24M ↑30.5%	$392.12M ↑46.2%	$374.94M ↑62.3%	$367.55M	$295.22M	$268.27M	$230.96M

Metric	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Net Income	$449.25M	$642.63M ↑0.8%	$637.83M ↓0.7%	$642.23M ↓9.3%	$707.75M ↑2.2%	$692.84M
D&A	$462.87M	$206.24M ↑7.5%	$191.82M ↑15.6%	$165.91M ↑27.2%	$130.42M ↓1.0%	$131.68M
Stock-Based Comp	$61.25M	$54.13M ↑21.1%	$44.71M ↑21.3%	$36.87M ↓13.4%	$42.56M ↑42.3%	$29.92M
Working Capital Δ	-$475.60M	-$250.44M ↓124.9%	-$111.37M ↑53.6%	-$240.26M ↑10.7%	-$269.08M ↓151.1%	-$107.17M
Operating Cash Flow	$390.00M	$652.55M ↓14.4%	$762.12M ↑26.4%	$602.81M ↓1.4%	$611.66M ↓18.1%	$747.27M
Capital Expenditure	-$126.00M	-$112.75M ↑20.9%	-$142.48M ↑11.3%	-$160.63M ↑12.4%	-$183.46M ↓9.0%	-$168.27M
Free Cash Flow	$264.00M	$539.81M ↓12.9%	$619.64M ↑40.1%	$442.18M ↑3.3%	$428.20M ↓26.0%	$579.01M
Dividends Paid	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Share Buybacks	-$12.73M	-$14.67M ↓8.3%	-$13.54M ↑80.7%	-$70.28M ↑88.8%	-$626.06M ↑3.5%	-$648.93M

Metric	TTM	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Net Income	$449.25M	-$72.00M ↓159.3%	$225.21M ↓2.7%	$148.92M ↓7.8%	$147.11M ↑3.1%	$121.38M ↑18.8%	$231.40M ↑7.0%	$161.50M ↑20.0%	$142.74M ↓5.2%	$102.20M ↓27.5%	$216.21M ↓4.8%	$134.55M ↓13.7%	$150.55M ↓8.7%	$140.92M ↓11.8%	$227.06M ↑5.0%	$156.00M ↓3.2%	$164.86M ↓1.5%	$159.83M ↑7.9%	$216.24M	$161.19M	$167.29M	$148.13M
D&A	$462.87M	$306.00M ↑519.8%	$52.54M ↑8.2%	$52.68M ↑10.9%	$51.65M ↑9.4%	$49.37M ↑1.8%	$48.58M ↑1.1%	$47.51M ↓0.6%	$47.23M ↑21.5%	$48.51M ↑55.7%	$48.06M ↑53.5%	$47.81M ↑48.4%	$38.88M ↑13.6%	$31.15M ↓4.6%	$31.32M ↓7.2%	$32.21M ↓2.9%	$34.23M ↑2.5%	$32.66M ↑4.2%	$33.75M	$33.18M	$33.39M	$31.36M
Stock-Based Comp	$61.25M	$20.00M ↑55.3%	$14.50M ↑23.8%	$13.65M ↑28.2%	$13.10M ↑14.6%	$12.88M ↑18.0%	$11.72M ↑152.3%	$10.65M ↑25.4%	$11.43M ↑4.6%	$10.91M ↓14.8%	$4.64M ↓60.1%	$8.49M ↓16.8%	$10.93M ↑11.6%	$12.80M ↑17.1%	$11.63M ↑46.0%	$10.21M ↑60.7%	$9.79M ↑34.3%	$10.93M ↑31.6%	$7.97M	$6.35M	$7.29M	$8.30M
Working Capital Δ	-$475.60M	-$257.00M ↓449.1%	-$144.98M ↓175.4%	$96.67M	-$170.29M ↓16.3%	$73.62M ↓23.9%	-$52.64M ↓41.4%	-$9.15M ↑76.6%	-$146.37M ↑19.1%	$96.79M ↑471.2%	-$37.23M ↑47.8%	-$39.08M ↑3.1%	-$180.89M ↓19.1%	$16.95M ↑409.9%	-$71.31M ↓78.2%	-$40.33M ↓22.8%	-$151.90M ↓133.9%	-$5.47M ↓117.9%	-$40.02M	-$32.83M	-$64.93M	$30.62M
Operating Cash Flow	$390.00M	-$3.00M ↓101.2%	$164.55M ↓31.5%	$187.31M ↓8.4%	$41.14M ↓24.6%	$259.55M ↓1.3%	$240.14M ↑4.4%	$204.58M ↑29.6%	$54.53M ↑201.0%	$262.87M ↑33.6%	$230.12M ↑15.8%	$157.82M ↓0.2%	$18.12M ↓68.2%	$196.75M ↓0.6%	$198.71M ↓8.8%	$158.09M ↓5.8%	$56.98M ↓60.2%	$197.96M ↓9.4%	$217.94M	$167.89M	$143.04M	$218.40M
Capital Expenditure	-$126.00M	-$39.00M ↓51.5%	-$38.97M ↑25.2%	-$25.44M ↑0.7%	-$22.59M ↑37.4%	-$25.74M ↑10.2%	-$52.10M ↓25.3%	-$25.62M ↑32.7%	-$36.10M ↑22.5%	-$28.66M ↑16.7%	-$41.59M ↑33.1%	-$38.05M ↑8.6%	-$46.61M ↓18.7%	-$34.39M ↓5.3%	-$62.18M ↓39.3%	-$41.63M ↓4.8%	-$39.27M ↑11.5%	-$32.65M ↑17.4%	-$44.65M	-$39.73M	-$44.39M	-$39.50M
Free Cash Flow	$264.00M	-$42.00M ↓118.0%	$125.58M ↓33.2%	$161.87M ↓9.5%	$18.55M ↑0.6%	$233.81M ↓0.2%	$188.03M ↓0.3%	$178.96M ↑49.4%	$18.43M ↑164.7%	$234.22M ↑44.3%	$188.53M ↑38.1%	$119.77M ↑2.8%	-$28.49M ↓260.9%	$162.36M ↓1.8%	$136.53M ↓21.2%	$116.46M ↓9.1%	$17.71M ↓82.0%	$165.31M ↓7.6%	$173.29M	$128.17M	$98.65M	$178.90M
Dividends Paid	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Share Buybacks	-$12.73M	-$12.00M ↑13.9%	-$144,000.00 ↓118.2%	-$214,000.00 ↓51.8%	-$375,000.00 ↓53.1%	-$13.93M ↓6.5%	-$66,000.00 ↓142.3%	-$141,000.00 ↑79.6%	-$245,000.00 ↓3.8%	-$13.09M ↑81.2%	$156,000.00 ↑100.1%	-$692,000.00 ↑99.6%	-$236,000.00 ↑99.8%	-$69.50M ↑59.1%	-$148.89M ↑4.7%	-$155.22M ↓2.7%	-$151.81M ↑9.7%	-$170.14M ↑1.8%	-$156.24M	-$151.19M	-$168.20M	-$173.31M