Cash flow Amundi CBOE

Stocks

0RDX

FR0004125920

Investment Management & Fund Operators

Market Closed - CBOE 11:30:00 2026-08-17 EDT			Pre-market 02:07:03
95.75 ^EUR	0.00%		95.65	-0.10%

08-14	Amundi: Opinion change, from Reduce to Add
08-12	French and Benelux stocks-Factors to watch	RE

a4d2a2.BezfcUbSw8Ypcfy6m92R8k8kTmbEQDkgKc2ms8Cg_lY.XYqyJQ6fmohdQ5XdxLrQrTtFfCSSNgp0WKmQ3br_vS5Jgq87MaSsjEwruQ

Published financial data: AMUNDI

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	5.81B	5.9B	5.68B	6.26B	6.47B
Gain (Loss) on Sale of Investment, Total (Rev)	8.4M	7.98M	6.27M	9.79M	4.18M
Interest And Invest. Income (Rev)	20.26M	31.5M	109M	168M	167M
Other Revenues, Total	84.17M	40.76M	202M	220M	161M
Total Revenues	5.92B	5.98B	6B	6.66B	6.8B
Cost of Goods Sold, Total	2.74B	2.87B	2.77B	3.08B	3.3B
Gross Profit	3.19B	3.11B	3.23B	3.58B	3.5B
Selling General & Admin Expenses, Total	1.53B	1.67B	1.71B	1.85B	1.9B
Other Operating Expenses	11.97M	12.05M	2.62M	9.83M	8.71M
Other Operating Expenses, Total	1.55B	1.68B	1.71B	1.86B	1.9B
Operating Income	1.64B	1.43B	1.52B	1.72B	1.59B
Interest Expense, Total	-51.09M	-54.73M	-104M	-174M	-156M
Net Interest Expenses	-51.09M	-54.73M	-104M	-174M	-156M
Income (Loss) On Equity Invest.	84.28M	88.15M	102M	123M	201M
Other Non Operating Income (Expenses)	-	0	1K	1K	1K
EBT, Excl. Unusual Items	1.67B	1.46B	1.52B	1.67B	1.64B
Merger & Related Restructuring Charges	-16M	-62M	-	-	-
Gain (Loss) On Sale Of Investments	-171K	-69K	-	-	-
Gain (Loss) On Sale Of Assets	-145K	4M	-4.93M	107K	402M
EBT, Incl. Unusual Items	1.66B	1.4B	1.51B	1.67B	2.04B
Income Tax Expense	292M	329M	351M	366M	452M
Earnings From Continuing Operations	1.37B	1.07B	1.16B	1.3B	1.59B
Net Income to Company	1.37B	1.07B	1.16B	1.3B	1.59B
Minority Interest	3.39M	-499K	4.94M	2.79M	3M
Net Income - (IS)	1.37B	1.07B	1.16B	1.31B	1.59B
Net Income to Common Incl Extra Items	1.37B	1.07B	1.16B	1.31B	1.59B
Net Income to Common Excl. Extra Items	1.37B	1.07B	1.16B	1.31B	1.59B
Per Share Items
Net EPS - Basic	6.75	5.28	5.7	6.37	7.74
Basic EPS - Continuing Operations	6.75	5.28	5.7	6.37	7.74
Basic Weighted Average Shares Outstanding	203M	203M	204M	205M	206M
Net EPS - Diluted	6.75	5.28	5.7	6.37	7.74
Diluted EPS - Continuing Operations	6.75	5.28	5.7	6.37	7.74
Diluted Weighted Average Shares Outstanding	203M	203M	204M	205M	206M
Normalized Basic EPS	5.18	4.49	4.66	5.1	5
Normalized Diluted EPS	5.18	4.49	4.66	5.1	5
Dividend Per Share	4.1	4.1	4.1	4.25	4.25
Payout Ratio	42.76	77.41	71.3	64.01	54.41
Supplemental Items
EBITDA	1.67B	1.47B	1.56B	1.77B	1.65B
EBITA	1.66B	1.45B	1.54B	1.75B	1.64B
EBIT	1.64B	1.43B	1.52B	1.72B	1.59B
Effective Tax Rate - (Ratio)	17.6	23.43	23.22	21.92	22.14
Total Current Taxes	452M	323M	361M	381M	474M
Total Deferred Taxes	-160M	6.08M	-10.03M	-15.02M	-22.26M
Normalized Net Income	1.05B	913M	952M	1.05B	1.03B
Interest on Long-Term Debt	2.34M	3.1M	3.38M	4.85M	4.46M
Non-Cash Pension Expense	356K	552K	1.15M	1.73M	1.15M
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	948M	503M	523M	1.37B	1.9B
Short Term Investments	11.39B	12.38B	19.38B	19.58B	18.5B
Trading Asset Securities, Total	3.08B	2.52B	3.1B	3.36B	4.1B
Total Cash And Short Term Investments	15.42B	15.4B	23B	24.31B	24.5B
Accounts Receivable, Total	600M	537M	593M	577M	634M
Other Receivables	1.29B	1.96B	962M	1.12B	1.24B
Notes Receivable	2B	1.2B	1.94B	1.15B	1.11B
Total Receivables	3.89B	3.69B	3.49B	2.85B	2.99B
Prepaid Expenses	427M	470M	519M	507M	345M
Other Current Assets, Total	-	-	-	-	60K
Total Current Assets	19.74B	19.56B	27.01B	27.67B	27.83B
Gross Property Plant And Equipment	716M	619M	588M	612M	628M
Accumulated Depreciation	-319M	-276M	-281M	-281M	-331M
Net Property Plant And Equipment	397M	343M	308M	331M	297M
Long-term Investments	1.09B	1.28B	1.36B	2.17B	3.47B
Goodwill	6.7B	6.73B	6.71B	6.57B	6.56B
Other Intangibles, Total	519M	451M	385M	414M	365M
Deferred Tax Assets Long-Term	275M	246M	240M	215M	221M
Other Long-Term Assets, Total	-	-	1K	929M	-
Total Assets	28.72B	28.62B	36.01B	38.3B	38.74B
Liabilities
Accounts Payable, Total	1.64B	951M	857M	1.92B	2.26B
Accrued Expenses, Total	1.39B	1.28B	1.26B	1.44B	1.57B
Short-term Borrowings	52.35M	134M	75.91M	61.46M	6.94M
Current Portion of Long-Term Debt	1.17B	719M	1.83B	1.49B	2.25B
Current Portion of Leases	38.72M	44.66M	41.2M	39.85M	55.55M
Current Income Taxes Payable	215M	127M	156M	174M	144M
Other Current Liabilities	2.37B	2.77B	2.88B	-	-
Total Current Liabilities	6.88B	6.03B	7.11B	5.13B	6.29B
Long-Term Debt	10.61B	11.09B	17.09B	20.48B	19.36B
Long-Term Leases	320M	269M	250M	285M	240M
Unearned Revenue Non Current	4.58M	17.39M	15.12M	17.38M	15.77M
Deferred Tax Liability Non Current	130M	116M	96.58M	109M	91.97M
Other Non Current Liabilities	48.41M	15.82M	27.47M	226M	43.38M
Total Liabilities	17.99B	17.54B	24.59B	26.25B	26.04B
Common Stock, Total	508M	510M	512M	514M	516M
Additional Paid In Capital	2.54B	2.57B	2.6B	2.63B	2.67B
Retained Earnings	1.37B	1.07B	1.16B	1.31B	1.59B
Treasury Stock	-16.66M	-70.99M	-66.43M	-120M	-101M
Comprehensive Income and Other	6.27B	6.94B	7.16B	7.67B	7.98B
Total Common Equity	10.67B	11.03B	11.37B	12B	12.66B
Minority Interest	56.19M	55.2M	53.68M	52.44M	46.06M
Total Equity	10.73B	11.08B	11.42B	12.06B	12.7B
Total Liabilities And Equity	28.72B	28.62B	36.01B	38.3B	38.74B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	203M	203M	203M	203M	205M
ECS Total Common Shares Outstanding	203M	203M	203M	203M	205M
Book Value / Share	52.61	54.44	55.9	59	61.81
Tangible Book Value	3.45B	3.84B	4.28B	5.02B	5.73B
Tangible Book Value Per Share	17	18.98	21.02	24.66	27.98
Total Debt	12.19B	12.26B	19.29B	22.36B	21.92B
Net Debt	-3.23B	-3.15B	-3.71B	-1.95B	-2.58B
Debt Equivalent of Unfunded Proj. Benefit Obligation	59.28M	29.86M	48.78M	28.25M	19.57M
Minority Interest, Total (Incl. Fin. Div)	56.19M	55.2M	53.68M	52.44M	46.06M
Equity Method Investments, Total	385M	443M	498M	617M	1.54B
Account Code - Inventory Valuation	3	3	3	3	3
Full Time Employees	4.55K	5.38K	5.4K	5.58K	5.28K
Part Time Employees	337	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	1.37B	1.07B	1.16B	1.31B	1.59B
Depreciation & Amortization - CF	64.83M	70.44M	64.84M	66.06M	63.06M
Amortization of Goodwill and Intangible Assets - (CF)	15.82M	18.34M	20.44M	31.37M	47.19M
Depreciation & Amortization, Total	80.65M	88.78M	85.29M	97.43M	110M
(Gain) Loss From Sale Of Asset	145K	-4M	4.97M	-51K	-426M
Asset Writedown & Restructuring Costs	-22.51M	2.89M	-5.73M	-18.33M	43.2M
(Income) Loss On Equity Investments - (CF)	-84.28M	-88.15M	-102M	-123M	-201M
Other Operating Activities, Total	286M	371M	389M	417M	499M
Change In Income Taxes	-357M	-463M	-262M	-350M	-506M
Change in Other Net Operating Assets	683M	-1.16B	269M	263M	710M
Cash from Operations	1.96B	-184M	1.54B	1.59B	1.82B
Capital Expenditure	-47.32M	-50.2M	-53.43M	-68.65M	-93.57M
Investment in Marketable and Equity Securities, Total	-601M	568K	33.26M	-325M	-351M
Other Investing Activities, Total	-1K	-	-	-1K	1K
Cash from Investing	-648M	-49.63M	-20.17M	-394M	-444M
Issuance of Common Stock	24.59M	28.37M	35.67M	36.06M	45.36M
Repurchase of Common Stock	-2.52M	-56.4M	-	-72.1M	-
Common Dividends Paid	-586M	-831M	-831M	-835M	-866M
Common & Preferred Stock Dividends Paid	-586M	-831M	-831M	-835M	-866M
Other Financing Activities, Total	-118M	-121M	-50.54M	-60M	-56.48M
Cash from Financing	-682M	-980M	-845M	-931M	-877M
Foreign Exchange Rate Adjustments	26.6M	1.71M	-26.99M	10.16M	-17.16M
Miscellaneous Cash Flow Adjustments	-	-1K	-	-	1K
Net Change in Cash	652M	-1.21B	651M	275M	482M
Supplemental Items
Cash Income Tax Paid (Refund)	357M	463M	262M	350M	506M
Levered Free Cash Flow	1.57B	588M	1.12B	2.29B	1.38B
Unlevered Free Cash Flow	1.6B	622M	1.18B	2.4B	1.47B
Change In Net Working Capital	-540M	308M	-202M	-1.29B	-460M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.56	3.11	2.94	2.89	2.59
Return on Total Capital	4.42	3.86	3.51	3.19	2.89
Return On Equity %	13.34	9.85	10.31	11.09	12.84
Return on Common Equity	13.45	9.9	10.4	11.17	12.91
Margin Analysis
Gross Profit Margin %	53.81	52.01	53.82	53.78	51.45
SG&A Margin	25.9	27.94	28.46	27.82	27.88
EBITDA Margin %	28.26	24.52	25.97	26.55	24.33
EBITA Margin %	27.97	24.18	25.66	26.29	24.13
EBIT Margin %	27.71	23.87	25.32	25.81	23.44
Income From Continuing Operations Margin %	23.06	17.96	19.35	19.57	23.37
Net Income Margin %	23.12	17.96	19.43	19.61	23.42
Net Avail. For Common Margin %	23.12	17.96	19.43	19.61	23.42
Normalized Net Income Margin	17.72	15.26	15.88	15.7	15.11
Levered Free Cash Flow Margin	26.46	9.84	18.64	34.38	20.23
Unlevered Free Cash Flow Margin	27	10.41	19.73	36.01	21.67
Asset Turnover
Asset Turnover	0.21	0.21	0.19	0.18	0.18
Fixed Assets Turnover	14.68	16.16	18.43	20.83	21.63
Receivables Turnover (Average Receivables)	10.29	10.38	10.05	10.69	10.68
Short Term Liquidity
Current Ratio	2.87	3.25	3.8	5.39	4.43
Quick Ratio	2.52	2.97	3.45	5.07	4.19
Operating Cash Flow to Current Liabilities	0.28	-0.03	0.22	0.31	0.29
Days Sales Outstanding (Average Receivables)	35.46	35.17	36.32	34.24	34.18
Average Days Payable Outstanding	203.69	164.98	116.69	202.34	231.38
Long Term Solvency
Total Debt/Equity	113.64	110.61	168.85	185.47	172.55
Total Debt / Total Capital	53.19	52.52	62.8	64.97	63.31
LT Debt/Equity	101.86	102.5	151.82	172.24	154.33
Long-Term Debt / Total Capital	47.68	48.67	56.47	60.34	56.63
Total Liabilities / Total Assets	62.65	61.28	68.28	68.53	67.22
EBIT / Interest Expense	32.12	26.08	14.54	9.89	10.2
EBITDA / Interest Expense	33.7	27.71	15.36	10.45	10.91
(EBITDA - Capex) / Interest Expense	32.77	26.79	14.85	10.06	10.31
Total Debt / EBITDA	7.08	8.08	12.03	12.31	12.86
Net Debt / EBITDA	-1.87	-2.07	-2.32	-1.08	-1.52
Total Debt / (EBITDA - Capex)	7.28	8.36	12.44	12.8	13.61
Net Debt / (EBITDA - Capex)	-1.93	-2.15	-2.4	-1.12	-1.6
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	26.92	0.96	0.26	11.02	2.15
Gross Profit, 1 Yr. Growth %	23.94	-2.41	3.74	10.94	-2.28
EBITDA, 1 Yr. Growth %	35.32	-12.42	6.23	13.47	-6.39
EBITA, 1 Yr. Growth %	35.82	-12.73	6.41	13.72	-6.21
EBIT, 1 Yr. Growth %	35.87	-13.01	6.34	13.18	-7.24
Earnings From Cont. Operations, 1 Yr. Growth %	50.62	-21.36	7.98	12.28	22.03
Net Income, 1 Yr. Growth %	50.52	-21.6	8.49	12.04	22
Normalized Net Income, 1 Yr. Growth %	36.78	-13.07	4.35	9.76	-1.71
Diluted EPS Before Extra, 1 Yr. Growth %	50.09	-21.83	8.07	11.72	21.51
Accounts Receivable, 1 Yr. Growth %	13.55	-10.58	10.54	-2.7	9.81
Net Property, Plant and Equip., 1 Yr. Growth %	-3.01	-13.7	-10.24	7.7	-10.34
Total Assets, 1 Yr. Growth %	-0.59	-0.35	25.84	6.36	1.15
Tangible Book Value, 1 Yr. Growth %	8.81	11.45	11.27	17.3	14.22
Common Equity, 1 Yr. Growth %	10.06	3.33	3.11	5.57	5.44
Cash From Operations, 1 Yr. Growth %	54.66	-109.4	-939.8	3.04	14.51
Capital Expenditures, 1 Yr. Growth %	-16.11	6.08	6.44	28.48	36.31
Levered Free Cash Flow, 1 Yr. Growth %	-275.77	-61.98	96.75	-299.81	-39.88
Unlevered Free Cash Flow, 1 Yr. Growth %	-285.92	-60.58	96.41	-321.93	-38.53
Dividend Per Share, 1 Yr. Growth %	41.38	0	0	3.66	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.2	13.2	0.61	5.5	6.49
Gross Profit, 2 Yr. CAGR %	9.33	9.98	0.62	7.28	4.12
EBITDA, 2 Yr. CAGR %	13.07	8.86	-3.55	9.79	3.06
EBITA, 2 Yr. CAGR %	13.24	8.87	-3.64	10	3.28
EBIT, 2 Yr. CAGR %	13.28	8.72	-3.82	9.71	2.46
Earnings From Cont. Operations, 2 Yr. CAGR %	19.33	8.83	-7.85	10.11	17.05
Net Income, 2 Yr. CAGR %	19.48	8.64	-7.77	10.25	16.91
Normalized Net Income, 2 Yr. CAGR %	13.88	9.05	-4.76	7.02	3.87
Diluted EPS Before Extra, 2 Yr. CAGR %	19.18	8.31	-8.09	9.88	16.51
Accounts Receivable, 2 Yr. CAGR %	43.71	0.76	-0.58	3.71	3.37
Net Property, Plant and Equip., 2 Yr. CAGR %	38.81	-8.51	-11.99	-1.68	-1.74
Total Assets, 2 Yr. CAGR %	8.8	-0.47	11.98	15.69	3.73
Tangible Book Value, 2 Yr. CAGR %	12.95	10.12	11.36	14.24	15.75
Common Equity, 2 Yr. CAGR %	9.5	6.64	3.22	4.34	5.51
Cash From Operations, 2 Yr. CAGR %	41.1	-61.87	-11.15	194.16	8.62
Capital Expenditures, 2 Yr. CAGR %	2.16	-5.67	6.26	16.94	32.33
Levered Free Cash Flow, 2 Yr. CAGR %	-3.46	-18.78	-15.01	100.72	9.6
Unlevered Free Cash Flow, 2 Yr. CAGR %	-3.02	-14.94	-13.45	99.5	16.8
Dividend Per Share, 2 Yr. CAGR %	-	18.9	0	1.81	1.81
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	6.89	7.03	8.71	3.97	4.37
Gross Profit, 3 Yr. CAGR %	7.97	5.27	7.86	3.95	3.99
EBITDA, 3 Yr. CAGR %	11.19	3.84	7.97	1.82	4.11
EBITA, 3 Yr. CAGR %	11.26	3.82	8.04	1.83	4.31
EBIT, 3 Yr. CAGR %	11.3	3.74	7.92	1.54	3.74
Earnings From Cont. Operations, 3 Yr. CAGR %	16.91	3.84	8.55	-1.58	13.95
Net Income, 3 Yr. CAGR %	17	3.83	8.59	-1.59	14.04
Normalized Net Income, 3 Yr. CAGR %	11.29	4.08	7.45	-0.15	4.03
Diluted EPS Before Extra, 3 Yr. CAGR %	16.77	3.55	8.23	-1.91	13.63
Accounts Receivable, 3 Yr. CAGR %	2.88	22.69	3.92	-1.29	5.71
Net Property, Plant and Equip., 3 Yr. CAGR %	110.46	18.47	-9.09	-5.86	-4.66
Total Assets, 3 Yr. CAGR %	11.11	5.66	7.62	10.08	10.63
Tangible Book Value, 3 Yr. CAGR %	14.65	12.45	10.5	13.3	14.24
Common Equity, 3 Yr. CAGR %	7.76	7.4	5.45	4	4.7
Cash From Operations, 3 Yr. CAGR %	48.76	-42.8	6.88	-6.65	114.79
Capital Expenditures, 3 Yr. CAGR %	36.16	3.45	-1.79	13.2	23.07
Levered Free Cash Flow, 3 Yr. CAGR %	18.35	-29.54	7.82	13.94	34.29
Unlevered Free Cash Flow, 3 Yr. CAGR %	19.73	-28.47	11.2	14.92	34.74
Dividend Per Share, 3 Yr. CAGR %	12.24	-	12.24	1.2	1.2
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	16.69	7.78	4.33	6.42	7.82
Gross Profit, 5 Yr. CAGR %	13.55	6.44	4.97	6.07	6.35
EBITDA, 5 Yr. CAGR %	15.22	5.68	5.04	6.18	5.98
EBITA, 5 Yr. CAGR %	15.27	5.65	5.04	6.25	6.11
EBIT, 5 Yr. CAGR %	15.17	5.55	4.99	6.08	5.7
Earnings From Cont. Operations, 5 Yr. CAGR %	19.14	9.54	6.29	6.3	11.87
Net Income, 5 Yr. CAGR %	19.23	9.52	6.38	6.35	11.84
Normalized Net Income, 5 Yr. CAGR %	15.25	5.76	4.57	5.25	6
Diluted EPS Before Extra, 5 Yr. CAGR %	14.74	8.31	6.11	6.04	11.47
Accounts Receivable, 5 Yr. CAGR %	3.89	0.61	1.48	14.71	3.7
Net Property, Plant and Equip., 5 Yr. CAGR %	57.37	50.35	48.49	9.95	-6.22
Total Assets, 5 Yr. CAGR %	15.59	8.74	11.46	9.56	6.05
Tangible Book Value, 5 Yr. CAGR %	0.43	15.09	13.32	13.16	12.57
Common Equity, 5 Yr. CAGR %	9.94	6.1	5.92	6.16	5.47
Cash From Operations, 5 Yr. CAGR %	35.04	-38.08	21.05	10.12	7.57
Capital Expenditures, 5 Yr. CAGR %	14.86	19.88	23.31	8.65	10.65
Levered Free Cash Flow, 5 Yr. CAGR %	17.86	-23.2	3.4	6.35	9.06
Unlevered Free Cash Flow, 5 Yr. CAGR %	18.11	-22.41	4.88	7.11	11.36
Dividend Per Share, 5 Yr. CAGR %	13.26	10.4	7.17	-	7.94