Cash flow Baidu, Inc.

Equities

BIDU

US0567521085

Internet Services

Market Closed - Nasdaq Other stock markets 16:00:00 2025-07-07 EDT			5-day change	1st Jan Change
89.79 ^USD	+3.98%		+4.70%	+6.50%

10:43am	Asian Equities Traded in the US as American Depositary Receipts Open Week Sharply Lower in Monday Trading	MT
07-03	Baidu Launches MuseSteamer AI Video Tool, Overhauls Search Engine	MT

ba2877e56fd18b8269e9.M383a232QMJ6GvekmR_SU8WAm4_BuX1GMbxGJZ0OURY.ail2Bg7ADYoVTKKS7nDqG7bQ1fqg6xx_BvUeROVIP3B6HQMIVbckmjBXww

Published financial data: BAIDU, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	72.84B	80.7B	74.71B	81.2B	78.56B
Interest And Invest. Income (Rev)	-	-	-	-	-
Other Revenues, Total	34.23B	43.8B	48.96B	53.4B	54.56B
Total Revenues	107B	124B	124B	135B	133B
Cost of Goods Sold, Total	54B	64.15B	63.93B	64.78B	66.01B
Gross Profit	53.07B	60.35B	59.74B	69.82B	67.12B
Selling General & Admin Expenses, Total	18.06B	24.72B	20.51B	23.52B	23.62B
R&D Expenses	19.51B	24.94B	23.32B	24.19B	22.13B
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	37.58B	49.66B	43.83B	47.71B	45.75B
Operating Income	15.5B	10.68B	15.91B	22.11B	21.36B
Interest Expense, Total	-3.1B	-3.42B	-2.91B	-3.25B	-2.82B
Interest And Investment Income	5.36B	5.55B	6.24B	8.01B	7.96B
Net Interest Expenses	2.26B	2.13B	3.33B	4.76B	5.14B
Income (Loss) On Equity Invest.	-2.25B	-932M	-1.91B	-3.8B	-691M
Currency Exchange Gains (Loss)	-660M	100M	-1.48B	595M	1.08B
Other Non Operating Income (Expenses)	-4.3B	162M	1.16B	2.34B	2.12B
EBT, Excl. Unusual Items	10.54B	12.14B	17.01B	26.01B	29.01B
Gain (Loss) On Sale Of Investments	13.71B	-1.2B	-6.9B	-555M	-292M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-1.16B	-167M	-1M	-253M	-95M
EBT, Incl. Unusual Items	23.09B	10.78B	10.11B	25.2B	28.62B
Income Tax Expense	4.06B	3.19B	2.58B	3.65B	4.45B
Earnings From Continuing Operations	19.03B	7.59B	7.53B	21.55B	24.18B
Net Income to Company	19.03B	7.59B	7.53B	21.55B	24.18B
Minority Interest	3.45B	2.64B	25M	-1.23B	-415M
Net Income - (IS)	22.47B	10.23B	7.56B	20.32B	23.76B
Preferred Dividend and Other Adjustments	88M	350M	591M	717M	588M
Net Income to Common Incl Extra Items	22.38B	9.88B	6.97B	19.6B	23.17B
Net Income to Common Excl. Extra Items	22.38B	9.88B	6.97B	19.6B	23.17B
Per Share Items
Net EPS - Basic	65.55	28.65	20.04	55.85	66.44
Basic EPS - Continuing Operations	65.55	28.65	20.04	55.85	66.44
Basic Weighted Average Shares Outstanding	342M	345M	348M	351M	349M
Net EPS - Diluted	64.96	28.08	19.84	55.14	65.95
Diluted EPS - Continuing Operations	64.96	28.08	19.84	55.14	65.95
Diluted Weighted Average Shares Outstanding	344M	352M	351M	355M	350M
Normalized Basic EPS	29.38	29.66	30.65	42.81	50.8
Normalized Diluted EPS	29.12	29.07	30.35	42.35	50.65
American Depositary Receipts Ratio (ADR)	8	8	8	8	8
Supplemental Items
EBITDA	33.28B	26.81B	30.38B	37.02B	35.99B
EBITA	27.51B	20.93B	23.9B	29.63B	29.15B
EBIT	15.5B	10.68B	15.91B	22.11B	21.36B
EBITDAR	36.71B	30.49B	34.3B	41.06B	40.19B
Total Revenues (As Reported)	107B	124B	124B	135B	133B
Effective Tax Rate - (Ratio)	17.6	29.57	25.49	14.48	15.54
Total Current Taxes	4.67B	3.64B	3.16B	3.81B	3.41B
Total Deferred Taxes	115M	-449M	-117M	-163M	1.04B
Normalized Net Income	10.03B	10.23B	10.66B	15.02B	17.72B
Interest on Long-Term Debt	799M	1.1B	799M	936M	849M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Marketing Expenses	8.4B	12.2B	10.2B	13.2B	13.8B
Selling and Marketing Expenses	8.4B	12.2B	10.2B	13.2B	13.8B
Research And Development Expense From Footnotes	19.51B	24.94B	23.32B	24.19B	22.13B
Net Rental Expense, Total	3.43B	3.68B	3.92B	4.05B	4.2B
Imputed Operating Lease Interest Expense	1.09B	1.16B	1B	1.2B	1.16B
Imputed Operating Lease Depreciation	2.34B	2.52B	2.92B	2.85B	3.04B
Stock-Based Comp., COGS (Total)	360M	399M	409M	590M	461M
Stock-Based Comp., R&D Exp. (Total)	4.47B	4.82B	4.63B	4.08B	2.9B
Stock-Based Comp., SG&A Exp. (Total)	1.9B	1.84B	1.75B	1.68B	1.43B
Total Stock-Based Compensation	6.73B	7.06B	6.79B	6.34B	4.78B

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	35.78B	36.85B	53.16B	25.23B	24.83B
Short Term Investments	127B	144B	121B	169B	103B
Total Cash And Short Term Investments	163B	180B	174B	194B	128B
Accounts Receivable, Total	11.59B	14.83B	21.14B	16.62B	14.28B
Other Receivables	-	-	-	-	-
Notes Receivable	-	-	-	1.4B	-
Total Receivables	11.59B	14.83B	21.14B	18.02B	14.28B
Inventory	-	1.48B	1.23B	1.4B	5.99B
Prepaid Expenses	1.11B	615M	582M	728M	570M
Restricted Cash	758M	10.82B	11.33B	11.5B	11.7B
Other Current Assets, Total	7.26B	5.11B	4.2B	4.32B	8.57B
Total Current Assets	183B	213B	213B	230B	169B
Gross Property Plant And Equipment	52.11B	64.42B	66.62B	74.71B	79.98B
Accumulated Depreciation	-24.8B	-29.33B	-32.29B	-35.9B	-38.98B
Net Property Plant And Equipment	27.31B	35.09B	34.34B	38.81B	41B
Long-term Investments	76.23B	67.33B	78.93B	72.62B	140B
Goodwill	22.25B	22.6B	22.48B	22.59B	22.59B
Other Intangibles, Total	8.46B	8.95B	8.1B	7.85B	7.7B
Accounts Receivable Long-Term	3.4B	3.4B	-	-	-
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	1.67B	2.37B	2.13B	2.1B	2.19B
Deferred Charges Long-Term	6.56B	10.95B	13B	13.38B	14.7B
Other Long-Term Assets, Total	3.49B	16.02B	19.16B	19.16B	30.5B
Total Assets	333B	380B	391B	407B	428B
Liabilities
Accounts Payable, Total	3.62B	3.12B	1.96B	1.97B	3.55B
Accrued Expenses, Total	14.28B	17.17B	15.16B	16.17B	15.33B
Short-term Borrowings	3.02B	4.17B	5.34B	10.26B	10.67B
Current Portion of Long-Term Debt	12.18B	10.51B	15.21B	8.83B	8.44B
Current Portion of Leases	2.37B	2.86B	2.81B	3.11B	3.3B
Current Income Taxes Payable	3.78B	4.43B	3.64B	2.69B	3.53B
Unearned Revenue Current, Total	12.78B	13.8B	13.19B	14.93B	15.31B
Other Current Liabilities	16.36B	18.43B	22.32B	18.49B	20.82B
Total Current Liabilities	68.38B	74.49B	79.63B	76.45B	80.95B
Long-Term Debt	60.34B	68.4B	63.18B	57.36B	51.94B
Long-Term Leases	4.69B	5.57B	4.81B	5.04B	4.97B
Unearned Revenue Non Current	783M	352M	490M	681M	816M
Deferred Tax Liability Non Current	3.07B	3.29B	2.9B	2.72B	3.87B
Other Non Current Liabilities	3.6B	3.99B	2.16B	1.9B	1.61B
Total Liabilities	141B	156B	153B	144B	144B
Common Stock, Total	-	-	-	-	-
Additional Paid In Capital	47.21B	73.89B	79.86B	87.1B	91.59B
Retained Earnings	135B	145B	148B	161B	180B
Treasury Stock	-	-7.58B	-5.26B	-3.82B	-6.24B
Comprehensive Income and Other	199M	-8M	546M	-895M	-1.8B
Total Common Equity	183B	211B	223B	244B	264B
Minority Interest	9.15B	12.49B	14.33B	18.98B	19.99B
Total Equity	192B	224B	238B	263B	284B
Total Liabilities And Equity	333B	380B	391B	407B	428B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	335M	346M	350M	351M	344M
ECS Total Common Shares Outstanding	335M	346M	350M	351M	345M
Book Value / Share	545.54	611.96	639.29	694.79	763.13
Tangible Book Value	152B	180B	193B	213B	233B
Tangible Book Value Per Share	453.85	520.65	551.83	607.99	675.45
Total Debt	82.59B	91.51B	91.35B	84.6B	79.32B
Net Debt	-80.03B	-88.96B	-83.02B	-110B	-48.42B
Debt Equivalent Oper. Leases	27.42B	29.4B	31.39B	32.38B	33.58B
Minority Interest, Total (Incl. Fin. Div)	9.15B	12.49B	14.33B	18.98B	19.99B
Equity Method Investments, Total	24.07B	24.81B	25.94B	20.79B	17.52B
Account Code - Inventory Valuation	3	3	3	3	3
Buildings, Total	4.7B	4.92B	5.12B	5.15B	5.31B
Machinery, Total	34.32B	42.42B	46.16B	53.67B	58.38B
Full Time Employees	41K	45.5K	41.3K	39.8K	35.9K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	1.32B	2.07B	2.55B	3.18B	3.52B

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	22.47B	10.23B	7.56B	20.32B	23.76B
Depreciation & Amortization - CF	5.77B	5.88B	6.48B	7.39B	6.84B
Amortization of Goodwill and Intangible Assets - (CF)	12.02B	10.24B	7.99B	7.52B	7.78B
Depreciation & Amortization, Total	17.79B	16.13B	14.46B	14.91B	14.63B
Amortization of Deferred Charges, Total - (CF)	4.12B	5.96B	5.29B	6.3B	5.8B
(Gain) Loss From Sale Of Asset	-	-126M	-926M	-193M	-22M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	910M	630M
Asset Writedown & Restructuring Costs	3.73B	4.92B	3.39B	253M	95M
(Income) Loss On Equity Investments - (CF)	2.25B	932M	1.91B	3.8B	691M
Stock-Based Compensation (CF)	6.73B	7.06B	6.79B	6.34B	4.78B
Provision and Write-off of Bad Debts	679M	989M	701M	693M	1.07B
Other Operating Activities, Total	-15.36B	-7.27B	3.75B	-3.64B	-2.69B
Change In Accounts Receivable	-1.66B	-2.14B	-2.37B	216M	327M
Change In Accounts Payable	208M	7.14B	-1.45B	-858M	2.3B
Change in Unearned Revenues	884M	593M	-444M	1.92B	513M
Change in Other Net Operating Assets	-17.64B	-24.28B	-12.5B	-14.34B	-30.65B
Cash from Operations	24.2B	20.12B	26.17B	36.62B	21.23B
Capital Expenditure	-5.08B	-10.9B	-8.29B	-11.19B	-8.13B
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-2.4B	-12.28B	-14M	-115M	-
Divestitures	-486M	-	270M	15M	-
Sale (Purchase) of Intangible assets	-247M	-344M	-107M	-105M	-125M
Investment in Marketable and Equity Securities, Total	-20.24B	-7.99B	4.95B	-41.56B	2.08B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	0	-	-1.47B	-2.32B
Other Investing Activities, Total	905M	71M	-761M	4.03B	-66M
Cash from Investing	-27.55B	-31.44B	-3.94B	-50.4B	-8.56B
Short Term Debt Issued, Total	3.56B	4.49B	6.27B	15.93B	22.45B
Long-Term Debt Issued, Total	18.5B	19.75B	3.45B	4.54B	1.12B
Total Debt Issued	22.06B	24.23B	9.72B	20.47B	23.57B
Short Term Debt Repaid, Total	-3.22B	-3.36B	-5.08B	-11.03B	-22.04B
Long-Term Debt Repaid, Total	-6.44B	-12.03B	-11.45B	-22.54B	-9.07B
Total Debt Repaid	-9.67B	-15.39B	-16.54B	-33.57B	-31.11B
Issuance of Common Stock	228M	20.21B	200M	103M	47M
Repurchase of Common Stock	-13.05B	-7.58B	-1.92B	-4.76B	-6.32B
Other Financing Activities, Total	6.1B	1.93B	2.15B	3.59B	55M
Cash from Financing	5.66B	23.4B	-6.39B	-14.16B	-13.76B
Foreign Exchange Rate Adjustments	-212M	-943M	1.73B	282M	95M
Net Change in Cash	2.1B	11.13B	17.56B	-27.66B	-985M
Supplemental Items
Cash Interest Paid	2.2B	2.54B	2.69B	2.76B	2.24B
Cash Income Tax Paid (Refund)	3.61B	3.25B	3.52B	3.67B	3.68B
Levered Free Cash Flow	33.04B	16.44B	19.96B	28.53B	27.69B
Unlevered Free Cash Flow	34.98B	18.58B	21.78B	30.56B	29.46B
Change In Net Working Capital	-1.99B	6B	6.31B	-492M	846M
Net Debt Issued / Repaid	12.39B	8.84B	-6.81B	-13.09B	-7.54B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.05	1.87	2.58	3.46	3.2
Return on Total Capital	3.72	2.26	3.09	4.09	3.76
Return On Equity %	10.43	3.65	3.26	8.61	8.85
Return on Common Equity	12.93	5.01	3.2	8.39	9.14
Margin Analysis
Gross Profit Margin %	49.56	48.47	48.3	51.87	50.42
SG&A Margin	16.87	19.86	16.59	17.47	17.74
EBITDA Margin %	31.09	21.54	24.56	27.5	27.04
EBITA Margin %	25.7	16.81	19.32	22.01	21.9
EBIT Margin %	14.47	8.58	12.87	16.43	16.05
Income From Continuing Operations Margin %	17.77	6.1	6.09	16.01	18.16
Net Income Margin %	20.99	8.21	6.11	15.09	17.85
Net Avail. For Common Margin %	20.91	7.93	5.63	14.56	17.41
Normalized Net Income Margin	9.37	8.21	8.62	11.16	13.31
Levered Free Cash Flow Margin	30.86	13.21	16.14	21.2	20.8
Unlevered Free Cash Flow Margin	32.67	14.93	17.61	22.71	22.13
Asset Turnover
Asset Turnover	0.34	0.35	0.32	0.34	0.32
Fixed Assets Turnover	4.04	3.99	3.56	3.68	3.34
Receivables Turnover (Average Receivables)	6.41	6.11	4.15	4.3	5.08
Inventory Turnover (Average Inventory)	-	61.24	47.29	49.39	17.88
Short Term Liquidity
Current Ratio	2.68	2.86	2.67	3.01	2.09
Quick Ratio	2.55	2.62	2.46	2.76	1.75
Operating Cash Flow to Current Liabilities	0.35	0.27	0.33	0.48	0.26
Days Sales Outstanding (Average Receivables)	57.07	59.75	87.85	84.85	71.98
Days Outstanding Inventory (Average Inventory)	-	5.96	7.72	7.39	20.47
Average Days Payable Outstanding	20.76	17.59	9.36	11.05	14.32
Cash Conversion Cycle (Average Days)	-	48.12	86.21	81.2	78.13
Long Term Solvency
Total Debt/Equity	43.05	40.86	38.42	32.21	27.97
Total Debt / Total Capital	30.09	29.01	27.75	24.36	21.86
LT Debt/Equity	33.9	33.03	28.59	23.76	20.07
Long-Term Debt / Total Capital	23.7	23.45	20.66	17.97	15.68
Total Liabilities / Total Assets	42.34	41.07	39.18	35.44	33.7
EBIT / Interest Expense	4.99	3.12	5.46	6.81	7.57
EBITDA / Interest Expense	11.83	8.91	11.77	12.64	14.23
(EBITDA - Capex) / Interest Expense	10.19	5.73	8.93	9.2	11.35
Total Debt / EBITDA	2.25	3	2.66	2.06	1.97
Net Debt / EBITDA	-2.18	-2.92	-2.42	-2.67	-1.2
Total Debt / (EBITDA - Capex)	2.61	4.67	3.51	2.83	2.47
Net Debt / (EBITDA - Capex)	-2.53	-4.54	-3.19	-3.67	-1.51
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-0.32	16.27	-0.66	8.83	-1.09
Gross Profit, 1 Yr. Growth %	18.02	13.71	-0.74	16.74	-3.87
EBITDA, 1 Yr. Growth %	28.64	-19.54	13.98	20.56	-2.77
EBITA, 1 Yr. Growth %	35.81	-24.04	15.08	22.29	-1.61
EBIT, 1 Yr. Growth %	130.82	-31.04	51.2	38.36	-3.37
Earnings From Cont. Operations, 1 Yr. Growth %	-931.56	-60.1	-0.75	186.02	12.19
Net Income, 1 Yr. Growth %	992.46	-54.49	-26.08	168.75	16.96
Normalized Net Income, 1 Yr. Growth %	2.16	-20.71	5.27	44.98	17.95
Diluted EPS Before Extra, 1 Yr. Growth %	1.06K	-56.77	-29.34	177.92	19.61
Accounts Receivable, 1 Yr. Growth %	4.16	27.96	42.52	-21.36	-14.08
Inventory, 1 Yr. Growth %	-	139	-16.93	13.77	329.01
Net Property, Plant and Equip., 1 Yr. Growth %	6.51	28.49	-2.15	13.03	5.64
Total Assets, 1 Yr. Growth %	10.42	14.22	2.88	4.04	5.17
Tangible Book Value, 1 Yr. Growth %	10.57	18.37	7.23	10.52	9.45
Common Equity, 1 Yr. Growth %	11.67	15.74	5.68	9.02	8.21
Cash From Operations, 1 Yr. Growth %	-14.96	-16.85	30.06	39.91	-42.01
Capital Expenditures, 1 Yr. Growth %	-20.91	114.32	-23.95	35.05	-27.31
Levered Free Cash Flow, 1 Yr. Growth %	321.7	-50.29	22.16	40.79	-2.95
Unlevered Free Cash Flow, 1 Yr. Growth %	261.17	-46.93	17.88	38.38	-3.62
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	1.53	7.66	7.47	3.98	3.75
Gross Profit, 2 Yr. CAGR %	0.89	15.84	6.91	7.57	5.94
EBITDA, 2 Yr. CAGR %	-0.33	1.8	-3.87	16.84	8.27
EBITA, 2 Yr. CAGR %	-3.87	1.64	-6.09	18.12	9.69
EBIT, 2 Yr. CAGR %	-4.91	26.16	4.08	43.89	15.63
Earnings From Cont. Operations, 2 Yr. CAGR %	-8.21	82.15	-37.07	68.49	79.13
Net Income, 2 Yr. CAGR %	-9.72	122.96	-42	40.95	77.29
Normalized Net Income, 2 Yr. CAGR %	-20.52	1.99	-7.27	21.37	30.77
Diluted EPS Before Extra, 2 Yr. CAGR %	-8.74	124.02	-44.74	40.13	82.32
Accounts Receivable, 2 Yr. CAGR %	14.88	15.45	35.04	5.87	-17.8
Inventory, 2 Yr. CAGR %	-	-	40.91	-2.78	120.93
Net Property, Plant and Equip., 2 Yr. CAGR %	23.51	16.98	12.13	5.17	9.27
Total Assets, 2 Yr. CAGR %	5.74	12.31	8.4	3.46	4.6
Tangible Book Value, 2 Yr. CAGR %	6.04	14.4	12.66	8.86	9.98
Common Equity, 2 Yr. CAGR %	5.9	13.69	10.6	7.34	8.61
Cash From Operations, 2 Yr. CAGR %	-17.97	-15.91	3.99	34.89	-9.92
Capital Expenditures, 2 Yr. CAGR %	-23.87	30.2	27.66	1.34	-0.92
Levered Free Cash Flow, 2 Yr. CAGR %	401.34	44.87	-22.62	30.52	16.89
Unlevered Free Cash Flow, 2 Yr. CAGR %	536.87	38.51	-21.42	27.21	15.48
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.29	6.22	4.81	7.92	2.26
Gross Profit, 3 Yr. CAGR %	3.11	4.99	9.93	10.13	3.61
EBITDA, 3 Yr. CAGR %	4.3	-7.16	5.49	4.04	9.9
EBITA, 3 Yr. CAGR %	2.52	-11.09	5.66	3.02	11.14
EBIT, 3 Yr. CAGR %	-4.14	-14.57	33.33	14.6	26.01
Earnings From Cont. Operations, 3 Yr. CAGR %	1.33	-30.47	48.77	4.24	47.13
Net Income, 3 Yr. CAGR %	7.08	-28.15	54.32	-3.31	32.45
Normalized Net Income, 3 Yr. CAGR %	0.63	-13.65	2.73	6.61	20.22
Diluted EPS Before Extra, 3 Yr. CAGR %	7.42	-28.86	52.49	-5.32	32.93
Accounts Receivable, 3 Yr. CAGR %	31.89	19.08	23.85	12.77	-1.25
Inventory, 3 Yr. CAGR %	-	-	-	31.21	59.46
Net Property, Plant and Equip., 3 Yr. CAGR %	29.85	25.15	10.22	12.43	5.32
Total Assets, 3 Yr. CAGR %	9.74	8.5	9.07	6.93	4.02
Tangible Book Value, 3 Yr. CAGR %	17.34	10	11.96	11.94	9.05
Common Equity, 3 Yr. CAGR %	16.57	9.09	10.96	10.07	7.63
Cash From Operations, 3 Yr. CAGR %	-9.66	-17.6	-2.76	14.8	1.81
Capital Expenditures, 3 Yr. CAGR %	2.08	7.5	8.83	30.08	-9.28
Levered Free Cash Flow, 3 Yr. CAGR %	8.01	132.13	36.59	-5.06	18.25
Unlevered Free Cash Flow, 3 Yr. CAGR %	7.17	178.26	31.03	-4.67	15.97
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	10.03	12.03	7.36	5.32	4.39
Gross Profit, 5 Yr. CAGR %	4.02	9.02	4.29	6.01	8.34
EBITDA, 5 Yr. CAGR %	13.7	7.85	0.7	2.01	6.82
EBITA, 5 Yr. CAGR %	13.46	6.99	-1.31	-0.1	7.55
EBIT, 5 Yr. CAGR %	5.83	1.23	-1.99	5.23	26.05
Earnings From Cont. Operations, 5 Yr. CAGR %	-10.12	-8.12	-16.25	-0.93	60.24
Net Income, 5 Yr. CAGR %	-7.77	-2.54	-16.21	-5.93	63.13
Normalized Net Income, 5 Yr. CAGR %	0.78	7.65	1.6	-1.11	12.5
Diluted EPS Before Extra, 5 Yr. CAGR %	-7.35	-2.5	-17.66	-6.7	63.79
Accounts Receivable, 5 Yr. CAGR %	21.84	24.97	33.14	13.61	5.12
Net Property, Plant and Equip., 5 Yr. CAGR %	20.78	25.45	22.45	16.74	9.84
Total Assets, 5 Yr. CAGR %	17.61	15.86	9.21	6.45	7.26
Tangible Book Value, 5 Yr. CAGR %	19.83	19.75	15.45	9.54	11.16
Common Equity, 5 Yr. CAGR %	17.88	18.04	14.14	8.38	10.01
Cash From Operations, 5 Yr. CAGR %	4.13	-2.19	-4.43	0.36	-5.69
Capital Expenditures, 5 Yr. CAGR %	-0.64	20.92	11.64	4.99	4.82
Levered Free Cash Flow, 5 Yr. CAGR %	25.94	-0.31	-5.31	85.06	28.73
Unlevered Free Cash Flow, 5 Yr. CAGR %	25.85	1.29	-5.18	104.13	24.92