JBS N.V.

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Total revenue	471.14	416.95	363.82	383.97	362.50	270.20	204.52	181.68	163.17	170.38	162.91	120.47
Cost of revenue	410.82	354.18	324.17	322.93	294.01	224.99	172.58	155.34	139.40	149.07	140.32	101.80
Gross profit	60.33	62.77	39.65	61.04	68.49	45.22	31.95	26.34	23.77	21.31	22.59	18.67
Total operating expenses +	37.70	39.01	34.35	35.75	35.14	24.77	18.50	19.18	17.04	14.73	13.47	10.48
Selling, general and administrative	6.74	10.87	11.18	11.82	11.35	9.51	7.02	5.96	8.25	4.55	4.03	3.33
Research and development
Other operating expenses	30.96	28.14	23.17	23.93	23.78	15.26	11.47	13.23	8.79	10.17	9.44	7.15
Operating income	22.63	23.76	5.30	25.29	33.35	20.45	13.45	7.16	6.73	6.58	9.12	8.19
Non-operating income (net)	-8.23	-8.94	-6.70	-6.50	-5.13	-12.19	-5.95	-8.26	-5.58	-6.29	-1.24	-4.00
Income before tax	14.40	14.82	-1.40	18.79	28.22	8.26	7.50	-1.10	1.15	0.29	7.88	4.19
Income tax expense	2.17	4.12	-0.67	2.17	6.93	3.61	1.03	-1.31	0.13	-0.27	2.75	1.79
Net income	11.10	9.62	-1.06	15.85	21.24	4.60	6.07	0.03	0.53	0.23	4.64	2.04

Show Quarterly Income Statement

	Jun-26	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18	Dec-17	Sep-17	Jun-17	Mar-17	Dec-16	Sep-16	Jun-16	Mar-16	Dec-15	Sep-15	Jun-15	Mar-15	Dec-14	Sep-14	Jun-14
Total revenue	23.90	111.47	126.27	120.55	118.97	114.13	116.70	110.50	100.61	89.15	96.34	91.41	89.38	86.68	92.87	98.93	92.19	90.87	97.19	92.63	85.63	75.25	76.06	70.08	67.58	56.48	57.13	52.18	50.84	44.37	47.32	49.40	45.18	39.78	42.73	41.14	41.67	37.62	41.63	41.17	43.67	43.91	47.16	43.03	38.91	33.82	34.30	30.78	28.97
Cost of revenue	21.31	99.85	111.02	104.69	102.92	98.79	99.31	92.31	85.09	77.47	85.25	80.36	79.50	79.07	82.18	82.69	76.00	74.50	77.87	73.35	69.15	64.14	64.44	58.28	53.05	49.21	47.91	43.23	42.91	38.53	40.74	41.78	38.19	34.63	36.39	34.29	35.52	33.20	35.69	35.82	38.40	39.15	41.47	36.78	33.03	29.04	28.87	25.22	24.71
Gross profit	2.59	11.61	15.25	15.86	16.05	15.34	17.39	18.19	15.51	11.68	11.09	11.05	9.89	7.61	10.69	16.24	16.19	16.37	19.32	19.27	16.48	11.11	11.62	11.80	14.53	7.27	9.22	8.95	7.94	5.84	6.57	7.63	6.99	5.15	6.34	6.85	6.16	4.42	5.94	5.34	5.27	4.76	5.69	6.25	5.87	4.78	5.44	5.56	4.26
Total operating expenses +	-0.82	9.20	10.08	9.35	9.78	10.18	11.75	9.57	9.60	8.10	9.32	8.44	8.36	8.22	8.21	9.24	8.49	8.96	10.05	8.38	9.10	6.48	6.92	6.77	6.09	4.98	5.19	4.72	4.45	4.13	4.68	6.86	4.06	3.58	4.53	5.61	3.53	3.37	4.16	3.25	3.57	3.84	4.15	3.38	3.15	2.80	3.23	2.53	2.43
Selling, general and administrative	0.59	1.76	1.85	3.23	3.20	3.31	3.17	3.87	3.42	2.74	3.14	2.86	2.44	2.67	2.78	2.91	2.77	3.18	3.30	2.79	4.75	2.50	2.82	2.31	2.52	1.86	2.06	1.77	1.64	1.56	1.63	1.68	1.52	1.16	2.28	3.32	1.33	1.32	1.22	1.07	1.08	1.27	1.22	1.02	0.94	0.84	1.15	0.79	0.71
Research and development										0.01	0.01	0.01			0.04
Other operating expenses	-1.41	7.44	8.24	6.12	6.58	6.87	8.58	5.70	6.17	5.35	6.17	5.58	5.92	5.55	5.39	6.33	5.72	5.78	6.75	5.59	4.35	3.98	4.10	4.47	3.57	3.12	3.13	2.96	2.81	2.58	3.05	5.18	2.55	2.42	2.25	2.29	2.21	2.05	2.93	2.18	2.49	2.57	2.93	2.35	2.21	1.96	2.08	1.74	1.72
Operating income	0.60	2.42	5.17	6.50	6.27	5.16	5.65	8.62	5.92	3.58	1.78	2.61	1.52	-0.61	2.48	6.99	7.70	7.41	9.28	10.89	7.38	4.63	4.70	5.02	8.44	2.29	4.03	4.23	3.49	1.70	1.89	0.77	2.92	1.57	1.81	1.24	2.62	1.05	1.78	2.18	1.70	0.92	1.55	2.87	2.72	1.98	2.21	3.03	1.83
Non-operating income (net)	-0.69	-0.82	-3.12	-2.15	-2.05	-1.10	-2.09	-1.98	-3.12	-1.76	-1.69	-1.82	-1.65	-1.54	-2.12	-1.48	-2.49	-0.19	-1.63	-1.08	-1.13	-1.15	1.16	-1.05	-3.22	-9.07	-0.25	-3.69	-0.69	-1.32	-0.56	-1.89	-4.71	-1.10	-2.07	-0.89	-2.20	-0.41	-0.94	-1.37	0.78	-4.76	-1.73	2.67	-2.29	0.11	-0.84	-1.21	-1.08
Income before tax	-0.10	1.59	2.05	4.35	4.22	4.06	3.56	6.64	2.80	1.82	0.09	0.79	-0.13	-2.15	0.35	5.51	5.21	7.21	7.64	9.82	6.25	3.48	5.86	3.98	5.22	-6.79	3.78	0.54	2.80	0.38	1.33	-1.11	-1.79	0.47	-0.26	0.35	0.42	0.64	0.84	0.81	2.48	-3.85	-0.18	5.54	0.43	2.09	1.37	1.82	0.75
Income tax expense		0.35	-0.33	0.91	0.81	0.81	0.88	2.44	0.78	0.01	-0.12	0.10	0.07	-0.72	-1.86	1.25	0.92	1.77	1.13	2.17	2.04	1.33	1.84	0.80	1.87	-0.90	1.26	0.09	0.47	-0.78	0.78	-1.01	-0.96	-0.12	0.08	-0.12	-0.06	0.22	0.25	-0.23	0.87	-1.16	0.03	1.98	0.18	0.56	0.66	0.59	0.40
Net income	-0.10	1.14	2.27	3.10	3.04	2.92	2.41	3.84	1.72	1.65	0.08	0.57	-0.26	-1.45	2.35	4.01	3.95	5.14	6.47	7.59	4.38	2.05	4.02	3.13	3.38	-5.93	2.44	0.36	2.18	1.09	0.56	-0.13	-0.91	0.51	-0.45	0.32	0.31	0.35	0.55	0.89	1.49	-2.78	-0.28	3.44	0.08	1.39	0.62	1.09	0.25

about 2 months ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Total cash and short-term investments +	25.98	214.97	108.74	13.18	23.24	19.68	10.03	8.94	11.74	9.36	18.84	14.91
Cash and cash equivalents	25.11	214.97	108.74	13.18	23.24	19.68	10.03	8.94	11.74	9.36	18.84	8.37
Short-term investments	0.88											6.54
Accounts receivable, net	29.40	143.05	80.69	20.23	19.88	14.00	11.14	9.66	9.33	9.59	12.12	9.58
Inventories	43.63	253.66	162.13	37.85	33.95	22.70	17.35	14.50	12.45	12.28	13.98	9.84
Other current assets	2.38	43.94	34.80	8.12	6.85	4.15	3.41	3.80	2.58	2.69	4.86	3.21
Total current assets	101.40	655.62	386.36	79.39	83.91	60.54	41.92	36.90	36.11	33.92	49.81	37.54
Total non-current assets +	146.94	902.35	626.82	128.72	123.34	103.26	84.42	77.25	72.59	68.90	72.69	44.50
Property, plant and equipment, net	15.87	13.90	15.16	14.02
Goodwill	32.19	207.44	145.27	30.41	32.56	28.89	24.50	23.78	22.49	21.92	24.41	12.99
Intangible assets	10.04	69.05	47.25	10.33	12.00	7.82	6.05	5.82	5.51	5.01	6.89	2.45
Long-term investments	0.22	0.24	0.27	0.30	0.24
Other non-current assets
Total assets	248.34	1,557.97	1,013.17	208.11	207.25	163.80	126.34	114.15	108.70	102.82	122.50	82.04

Total current liabilities +	63.48	446.39	235.51	55.16	59.81	40.84	28.46	21.60	29.18	33.35	40.14	24.87
Accounts payable	40.33	209.29	125.10	31.01	30.22	22.20	15.44	12.17	9.99	10.72	12.42	6.94
Short-term debt	6.53	120.57	52.17	13.09	16.23	7.96	5.04	3.83	13.53	18.15	20.91	13.69
Current portion of long-term debt	0.83	5.99	3.78	3.98	11.91
Deferred revenue
Other current liabilities	16.62	103.27	52.82	9.85	11.63	10.68	7.98	5.60	5.66	4.48	6.81	4.24
Total non-current liabilities +	132.50	800.10	546.66	103.14	99.65	79.42	65.40	64.60	53.38	45.95	52.74	31.53
Long-term debt	20.26	106.57	91.89	82.98	80.60
Capital lease obligations	1.77	10.72	8.94	9.10	8.40
Other non-current liabilities	0.04	0.50	0.56	0.41	0.77
Total liabilities	195.97	1,246.48	782.17	158.30	159.45	120.26	93.86	86.20	82.56	79.30	92.88	56.40

Total stockholders' equity +	47.87	276.92	213.08	46.34	44.12	40.12	29.64	25.65	24.29	22.37	28.03	23.87
Common stock and paid-in capital	36.37	163.47	137.48	27.69	30.63	32.95	24.42	23.15	22.01	18.73	23.27	19.61
Retained earnings	11.50	113.46	75.59	18.65	13.49	7.17	5.22	2.49	2.28	3.65	4.76	4.26
Common shares outstanding	1,069	2,218	2,218	2,254	2,479	2,655	2,666	2,667	2,845	2,733	2,898	2,882

Show Quarterly Balance Sheet

	Jun-26	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18	Dec-17	Sep-17	Jun-17	Mar-17	Dec-16	Sep-16	Jun-16	Mar-16	Dec-15	Sep-15	Jun-15	Mar-15	Dec-14	Sep-14	Jun-14
Total cash and short-term investments +	0.00	17.80	25.98	18.98	13.67	27.71	34.76	27.62	20.51	16.48	22.12	26.79	12.74	8.96	13.18	16.67	19.33	17.28	23.24	23.33	16.84	10.26	19.68	22.33	22.68	18.47	10.03	7.81	6.29	7.41	8.94	12.09	13.11	10.83	11.74	14.10	11.30	10.74	9.36	7.31	8.47	15.29	18.84	24.01	13.91	14.12	14.91	12.58	10.30
Cash and cash equivalents		16.99	25.11	18.98	13.67	27.71	34.76	27.62	20.51	16.48	22.12	26.79	12.74	8.96	13.18	16.67	19.33	17.28	23.24	23.33	16.84	10.26	19.68	22.33	22.68	18.47	10.03	7.81	6.29	7.41	8.94	12.09	13.11	10.83	11.74	14.10	11.30	10.74	9.36	7.31	8.47	15.29	18.84	24.01	13.91	14.12	8.37	12.58	10.30
Short-term investments		0.82	0.88																																												6.54
Accounts receivable, net		25.88	29.40	24.10	23.50	20.10	23.13	18.48	18.29	16.68	16.42	16.45	16.67	18.83	20.23	21.26	20.95	17.54	19.88	18.54	16.41	15.16	14.00	13.40	13.62	13.38	11.14	9.17	8.79	8.99	9.66	9.83	9.62	9.06	9.33	9.39	9.78	8.09	9.59	9.33	9.16	9.79	12.12	13.08	11.10	10.68	9.58	9.49	8.75
Inventories		44.52	43.63	44.76	44.32	42.77	41.02	38.47	37.28	34.79	32.99	34.96	34.77	37.09	37.85	38.87	37.06	33.79	33.95	30.86	28.84	27.66	22.70	23.88	22.06	21.59	17.35	17.35	15.80	16.14	14.50	15.37	14.98	13.21	12.45	12.12	12.72	13.06	12.28	12.84	12.97	13.49	13.98	14.62	11.50	11.65	9.84	10.17	9.02
Other current assets	0.00	2.62	2.38	6.43	5.52	9.20	7.11	7.07	6.93	7.16	7.08	8.04	8.08	7.74	8.12	6.75	6.67	6.37	6.85	6.64	6.06	4.73	4.15	4.36	3.98	5.32	3.41	2.71	3.32	3.28	3.80	2.57	2.20	2.28	2.58	3.22	4.42	2.71	2.69	3.69	4.95	4.18	4.86	4.03	3.50	3.72	3.21	3.31	2.68
Total current assets	0.00	90.83	101.40	94.27	87.01	99.79	106.02	91.64	83.02	75.11	78.60	86.25	72.25	72.62	79.39	83.55	84.01	74.98	83.91	79.37	68.16	57.81	60.54	63.98	62.34	58.76	41.92	37.05	34.20	35.82	36.90	39.86	39.90	35.37	36.11	38.82	38.22	34.60	33.92	33.17	35.54	42.75	49.81	55.73	40.01	40.17	37.54	35.54	30.74
Total non-current assets +	0.01	142.10	146.94	141.45	141.11	139.70	145.92	134.93	136.54	129.22	127.53	128.27	126.10	127.59	128.72	122.77	121.28	114.23	123.34	116.66	104.13	108.88	103.26	102.51	99.71	94.55	84.42	85.36	81.38	81.97	77.25	79.03	77.43	72.44	72.59	71.08	70.58	69.60	68.90	67.27	66.04	69.40	72.69	66.76	52.76	52.29	44.50	42.53	40.53
Property, plant and equipment, net			15.87	15.51	15.09	14.32	13.90	14.53
Goodwill		30.76	32.19	31.47	31.98	32.30	33.54	31.86	31.78	29.88	29.56	29.71	29.44	30.11	30.41	30.38	30.76	29.67	32.56	32.25	30.37	30.70	28.89	29.61	28.70	27.30	24.50	24.63	23.74	24.03	23.78	24.29	23.97	22.61	22.49	22.09	22.41	22.09	21.92	22.13	22.02	23.19	24.41	21.03	16.34	15.82	12.99	12.87	12.73
Intangible assets		9.32	10.04	9.86	10.30	10.48	11.17	10.52	10.52	9.63	9.61	9.61	9.60	10.03	10.33	10.22	10.46	10.06	12.00	11.70	7.27	8.26	7.82	8.12	7.93	7.16	6.05	5.84	5.62	5.82	5.82	6.13	6.07	5.58	5.51	5.42	5.59	5.19	5.01	5.76	5.79	6.34	6.89	5.10	3.04	3.07	2.45	2.33	2.19
Long-term investments		0.34	0.22	0.27	1.19	0.23	0.24	0.24	0.24	0.23
Other non-current assets
Total assets	0.02	232.92	248.34	235.72	228.12	239.48	251.94	226.58	219.56	204.32	206.13	214.51	198.34	200.21	208.11	206.31	205.29	189.22	207.25	196.03	172.28	166.69	163.80	166.49	162.05	153.31	126.34	122.40	115.58	117.79	114.15	118.88	117.33	107.82	108.70	109.90	108.80	104.19	102.82	100.45	101.59	112.15	122.50	122.50	92.77	92.46	82.04	78.08	71.27

Total current liabilities +	0.00	60.42	63.48	58.86	56.47	61.48	72.18	62.39	51.19	44.63	47.91	50.85	50.66	51.01	55.16	57.15	56.64	53.11	59.81	51.84	45.97	42.87	40.84	37.89	34.56	33.82	28.46	24.52	23.04	21.69	21.60	21.25	20.74	28.01	29.18	31.65	32.42	31.55	33.35	30.97	32.18	37.83	40.14	35.23	27.50	25.47	24.87	21.52	18.57
Accounts payable		34.08	40.33	35.15	33.02	27.70	33.84	25.52	25.00	22.96	25.45	25.17	24.53	25.20	31.01	28.96	27.09	24.89	30.22	24.27	22.07	22.09	22.20	20.00	17.63	16.68	15.44	12.80	11.42	11.26	12.17	12.27	11.09	9.54	9.99	9.03	9.63	9.65	10.72	9.45	9.72	10.03	12.42	11.08	7.84	7.44	6.94	6.07	5.20
Short-term debt		6.21	6.53	5.95	7.55	12.42	19.50	18.09	11.95	10.26	10.61	14.56	16.11	15.67	13.09	14.99	16.83	15.10	16.23	14.85	12.24	10.24	7.96	8.38	7.97	7.41	5.04	5.30	5.44	5.17	3.83	2.95	4.24	13.03	13.53	16.38	18.25	17.87	18.15	17.56	18.44	20.83	20.91	18.95	15.98	13.55	13.69	11.48	9.89
Current portion of long-term debt		0.84	0.83	0.76	5.63	4.56	5.99	10.12	4.80	3.74
Deferred revenue
Other current liabilities	0.00	20.13	16.62	15.81	14.54	19.53	16.70	17.14	12.92	10.19	11.85	11.12	10.03	10.14	11.06	13.20	12.72	13.13	13.36	12.73	11.66	10.54	10.68	9.51	8.96	9.74	7.98	6.41	6.17	5.26	5.60	6.03	5.40	5.44	5.66	6.23	4.54	4.02	4.48	3.96	4.02	6.97	6.81	5.19	3.68	4.48	4.24	3.97	3.48
Total non-current liabilities +	0.01	125.79	132.50	126.13	121.26	130.59	129.38	112.54	117.59	111.60	111.22	118.14	101.93	101.14	103.14	101.43	102.13	89.63	99.65	94.01	81.10	79.69	79.42	85.62	88.03	85.90	65.40	64.44	61.43	66.65	64.60	68.64	68.12	52.81	53.38	50.99	51.34	47.19	45.95	44.22	45.26	49.24	52.74	54.32	37.75	39.45	31.53	31.44	29.40
Long-term debt		20.52	20.26	19.77	100.74	109.85	106.57	93.16	98.60	92.78
Capital lease obligations		1.78	1.77	1.80	9.66	10.02	10.72	9.65	9.53	9.11
Other non-current liabilities		0.05	0.04	0.11	0.29	0.29	0.50	0.49	0.51	0.54
Total liabilities	0.01	186.21	195.97	184.99	177.73	192.07	201.57	174.93	168.78	156.23	159.13	169.00	152.60	152.14	158.30	158.58	158.76	142.75	159.45	145.85	127.07	122.56	120.26	123.51	122.59	119.72	93.86	88.96	84.47	88.34	86.20	89.89	88.86	80.82	82.56	82.64	83.77	78.74	79.30	75.19	77.45	87.07	92.88	89.55	65.25	64.92	56.40	52.96	47.98

Total stockholders' equity +	0.01	42.44	47.87	46.51	45.88	43.31	44.78	46.71	46.22	44.21	43.35	41.97	42.36	44.64	46.34	44.28	42.92	43.19	44.12	46.55	41.90	40.21	40.12	39.45	36.01	30.09	29.64	30.70	28.63	27.02	25.65	26.57	26.16	25.01	24.29	25.59	23.65	24.28	22.37	24.07	23.06	23.54	28.03	31.44	26.28	26.44	23.87	23.58	22.05
Common stock and paid-in capital	0.01	41.30	36.37	37.59	39.92	26.47	26.43	28.56	27.47	27.18	27.97	26.68	27.63	27.44	27.69	25.76	28.41	29.41	30.63	32.19	32.62	33.88	32.95	34.24	33.34	30.80	24.42	24.57	22.85	23.43	23.15	24.64	24.25	22.20	22.01	21.32	20.92	20.40	18.73	19.63	19.51	21.53	23.27	25.31	22.61	20.78	19.61	19.45	19.02
Retained earnings		1.15	11.50	8.91	5.96	16.84	18.35	18.15	18.74	17.03	15.38	15.30	14.72	17.20	18.65	18.52	14.50	13.78	13.49	14.37	9.28	6.33	7.17	5.21	2.67	-0.71	5.22	6.13	5.78	3.59	2.49	1.93	1.91	2.81	2.28	4.27	2.73	3.88	3.65	4.44	3.55	2.01	4.76	6.13	3.67	5.66	4.26	4.13	3.03
Common shares outstanding	1,078	1,078	1,015	2,218	2,218	2,218	2,218	2,218	2,218	2,218	2,075	2,218	2,218	2,218	2,217	2,218	2,222	2,250	2,406	2,521	2,498	2,522	2,627	2,670	2,666	2,666	2,666	2,666	2,666	2,666	2,560	2,717	2,710	2,851	2,657	2,701	2,715	2,859	2,669	2,820	2,817	2,823	2,916	2,891	2,891	2,944	2,890	2,895	2,869

about 2 months ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14
Operating cash flow +	15.49	23.56	11.50	13.33	21.48	23.78	13.77	7.44	5.20	3.67	7.38	8.99
Net income
Depreciation, depletion and amortization	12.63	11.81	10.73	9.85	9.03	7.84	6.31	4.80	4.47	4.50	3.69	2.55
Stock-based compensation	0.03	0.09	0.03	0.04	0.06	-0.01	0.05	0.12	0.12	0.14	0.04	0.01
Change in inventory	-4.58	-4.73	-0.30	-6.78	-11.79	-3.53	-3.13	-2.13	-1.06	-1.16	-0.87	-1.61
Other working capital changes	7.42	16.40	1.04	10.22	24.17	19.48	10.54	4.65	1.67	0.19	4.52	8.04
Cash flow from investing +	-12.56	-7.73	-7.02	-13.12	-18.86	-7.83	-5.85	-1.74	-2.43	-3.54	-20.76	-4.28
Capital expenditures	-11.37	-8.08	-7.49	-11.23	-9.62	-5.99	-4.24	-2.83	-3.11	-3.48	-5.45	-3.57
Others incl. marketable securities changes	-1.19	0.35	0.47	-1.90	-9.23	-1.85	-1.61	1.08	0.69	-0.06	-15.30	-0.71
Cash flow from financing +	-9.97	-7.30	5.01	-8.76	-0.84	-9.02	-6.44	-9.99	-0.63	-8.10	15.17	0.88
Dividend payout	-8.81	-4.44	-2.22	-4.44	-7.40	-1.44	-0.01	-0.13	-0.09	-1.10	-0.48	-0.22
Common stock repurchases	-3.19	-0.04	0.00	-3.65	-10.60	-1.27		-0.50	-0.26	-0.82	-1.78	-0.06
Net Debt Issuance	2.03	-2.82	7.23	-0.67	17.16	-6.31	-6.44	-9.36	-0.29	-6.17	17.43	1.16

Change in cash	-7.03	8.53	9.49	-8.55	1.78	6.93	1.47	-4.29	2.14	-7.97	1.79	5.59

Show Quarterly Cash Flow

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18	Dec-17	Sep-17	Jun-17	Mar-17	Dec-16	Sep-16	Jun-16	Mar-16	Dec-15	Sep-15	Jun-15	Mar-15	Dec-14	Sep-14	Jun-14
Operating cash flow +	-4.07	10.66	5.65	2.94	-3.24	9.00	8.05	7.86	-1.17	6.87	5.26	3.76	-4.40	4.78	6.11	3.01	-0.56	9.24	8.85	5.16	-1.78	6.08	6.74	10.72	0.24	4.48	5.00	4.43	-0.13	2.40	3.36	2.49	-0.81	1.81	2.78	0.90	-0.29	4.01	1.45	-0.69	-1.10	1.51	3.02	-1.67	4.54	5.32	3.02	0.07
Net income
Depreciation, depletion and amortization	3.19	3.41	4.56	3.20	3.13	3.25	4.96	2.85	2.70	2.86	2.62	2.66	2.59	2.63	2.44	2.35	2.44	2.50	2.28	2.16	2.08	2.12	2.03	2.02	1.67	1.57	1.68	1.58	1.48	1.24	1.26	1.18	1.13	1.15	1.13	1.13	1.06	1.15	1.06	1.12	1.17	1.12	0.96	0.84	0.78	0.72	0.61	0.28
Stock-based compensation	0.01	0.01	0.03	0.04	0.04	0.03	0.02	0.01	0.02	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.02	0.02	0.01	0.01	-0.03	0.02	0.00	0.01	0.01	0.02	0.01	0.06	0.03	0.03	0.01	0.04	0.01	0.01	0.05	0.06			0.05	0.01	0.01	0.02	0.00	0.00	0.00	0.00
Change in inventory	-3.00	2.17	-1.87	-2.95	-4.86	0.18	-2.60	-1.09	-1.41	0.78	-0.08	0.29	-1.29	1.08	-2.23	-2.27	-3.36	-2.42	-1.09	-4.27	-4.00	-0.25	-1.53	0.08	-1.84	-0.03	-0.97	-0.45	-1.68	0.17	-0.67	-0.66	-0.98	-0.30	-0.12	0.42	-1.06	0.19	-0.08	-0.64	-0.63	0.39	-0.62	-0.06	-0.57	0.53	-0.94	-0.16
Other working capital changes	-4.26	5.06	2.93	2.65	-1.55	5.53	5.67	6.09	-2.48	3.23	2.71	0.81	-5.71	1.07	5.89	2.91	0.35	9.14	7.64	7.26	0.13	4.20	6.27	8.61	0.41	2.92	4.28	3.28	0.06	0.93	2.74	1.95	-0.96	0.91	1.76	-0.67	-0.34	2.61	0.48	-1.17	-1.69	-0.01	2.68	-2.47	4.32	4.07	3.35	-0.05
Cash flow from investing +	-2.65	-4.76	-3.12	-3.48	-1.42	-2.88	-1.94	-1.78	-1.35	-1.72	-1.83	-1.85	-1.63	-4.79	-2.89	-2.53	-2.91	-5.50	-7.75	-3.99	-1.61	-3.00	-1.47	-2.51	-0.86	-3.28	-1.29	-0.71	-0.58	-0.81	-1.06	-0.56	0.70	0.21	0.44	-1.33	-1.74	-1.10	-0.67	-0.90	-0.88	-2.60	-11.52	-2.02	-4.61	-1.65	-0.88	-0.47
Capital expenditures	-2.92	-4.66	-2.75	-2.55	-1.55	-3.10	-2.02	-1.80	-1.41	-1.99	-1.83	-1.95	-1.72	-3.44	-2.97	-2.63	-2.19	-3.35	-2.58	-1.99	-1.71	-2.32	-1.55	-1.24	-0.88	-1.28	-1.21	-1.00	-0.75	-1.02	-0.76	-0.61	-0.44	-0.78	-0.69	-0.85	-0.79	-0.88	-1.00	-0.76	-0.84	-2.14	-1.65	-0.95	-0.71	-1.22	-0.88	-0.34
Others incl. marketable securities changes	0.27	-0.10	-0.36	-0.94	0.12	0.22	0.07	0.02	0.06	0.28	0.00	0.10	0.08	-1.35	0.08	0.10	-0.73	-2.16	-5.16	-2.01	0.09	-0.68	0.08	-1.27	0.02	-1.99	-0.08	0.29	0.17	0.20	-0.30	0.04	1.14	0.99	1.13	-0.48	-0.95	-0.22	0.33	-0.13	-0.04	-0.46	-9.87	-1.06	-3.91	-0.43	-0.01	-0.12
Cash flow from financing +	-0.35	-0.31	3.63	-13.03	-0.20	-2.58	1.09	-3.65	-3.46	-9.28	9.99	2.18	2.12	-3.13	-6.40	-0.01	0.77	-4.26	3.63	7.11	-7.32	-4.61	-6.08	-4.66	6.33	1.09	-2.10	-4.68	-0.76	-4.27	-3.76	-1.12	-0.84	-4.71	-0.08	0.70	3.45	-0.08	-2.17	-4.83	-1.02	-3.85	16.98	3.62	-1.58	-1.55	-0.16	1.17
Dividend payout	-0.09	-0.09	-0.35	-6.77	-2.22	-4.70	0.00	0.00	0.00			-2.22		-2.22		-2.22	0.00	-2.37	-2.51	-2.51				-1.44				-0.01			0.00	-0.13				-0.09		0.00	0.00	-1.10				-0.71	-1.19			-0.10
Common stock repurchases	-1.32	-1.32	-10.31			-0.04								0.97	-0.69	-2.05	-1.87	-6.76	-2.48	-0.94	-2.90	-1.03	-0.24							-0.50						-0.26				0.00	-0.83	-1.25	-0.50	-0.03	-0.03	-0.07
Net Debt Issuance	1.06	1.10	14.29	-6.26	2.01	2.16	1.09	-3.65	-3.46	-9.28	9.99	4.39	2.12	-1.87	-5.71	4.26	2.64	4.87	8.61	10.57	-4.42	-3.58	-5.84	-3.22	6.33	1.09	-2.10	-4.68	-0.76	-3.77	-3.76	-0.99	-0.84	-4.71	-0.08	1.05	3.45	-0.08	-2.17	-3.72	-0.20	-2.60	17.47	4.36	-0.36	-1.49	-0.16	1.27

Change in cash	-7.08	5.59	6.16	-13.58	-4.87	3.54	7.19	2.42	-5.98	-4.12	13.43	4.09	-3.91	-3.14	-3.17	0.47	-2.70	-0.52	4.73	8.28	-10.71	-1.54	-0.81	3.55	5.72	2.29	1.61	-0.97	-1.47	-2.68	-1.46	0.81	-0.95	-2.69	3.14	0.27	1.42	2.83	-1.38	-6.41	-3.00	-4.95	8.47	-0.07	-1.66	2.11	1.97	0.77