Income Statement Westlake Corporation

Equities

WLK

US9604131022

Commodity Chemicals

Market Closed - Nyse Other stock markets 16:00:02 2026-02-06 EST			5-day change	1st Jan Change
95.93 ^USD	+4.08%		+20.94%	+29.74%

01-16	Westlake Poised for Upside Despite Weak Chemical Demand, RBC Says	MT
01-16	RBC Capital Adjusts Price Target on Westlake to $100 From $85, Maintains Outperform Rating	MT

1bdc0d646e10d2d6c403d492a7150._KvMzHUc_WYOMD7Rwbn9GevqonWDKdi8Qpdqgu-ueM0.st-dtjBvlA89UkyWtvayer--4UL2GKv5CqJSypXLHryQ7K2IOl6XLl4IXQ

Published financial data: WESTLAKE CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	7.5B	11.78B	15.79B	12.55B	12.14B
Total Revenues	7.5B	11.78B	15.79B	12.55B	12.14B
Cost of Goods Sold, Total	6.48B	8.28B	11.72B	10.33B	10.18B
Gross Profit	1.02B	3.5B	4.07B	2.22B	1.96B
Selling General & Admin Expenses, Total	435M	528M	809M	865M	874M
Amortization of Goodwill and Intangible Assets - (IS)	109M	123M	155M	122M	117M
Other Operating Expenses, Total	544M	651M	964M	987M	991M
Operating Income	479M	2.84B	3.11B	1.23B	966M
Interest Expense, Total	-142M	-176M	-177M	-165M	-159M
Interest And Investment Income	14M	17M	24M	104M	153M
Net Interest Expenses	-128M	-159M	-153M	-61M	-6M
Income (Loss) On Equity Invest.	16M	13M	15M	19M	18M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-	-	8M	-15M	32M
EBT, Excl. Unusual Items	367M	2.7B	2.98B	1.18B	1.01B
Restructuring Charges	-36M	-21M	-33M	-28M	-91M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	19M
Asset Writedown	-	-	-	-475M	-
Insurance Settlements	-	-	-	28M	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	331M	2.68B	2.95B	700M	938M
Income Tax Expense	-42M	607M	649M	178M	291M
Earnings From Continuing Operations	373M	2.07B	2.3B	522M	647M
Net Income to Company	373M	2.07B	2.3B	522M	647M
Minority Interest	-43M	-55M	-50M	-43M	-45M
Net Income - (IS)	330M	2.02B	2.25B	479M	602M
Preferred Dividend and Other Adjustments	1M	10M	12M	3M	3M
Net Income to Common Incl Extra Items	329M	2B	2.24B	476M	599M
Net Income to Common Excl. Extra Items	329M	2B	2.24B	476M	599M
Per Share Items
Net EPS - Basic	2.57	15.66	17.46	3.72	4.66
Basic EPS - Continuing Operations	2.57	15.66	17.46	3.72	4.66
Basic Weighted Average Shares Outstanding	128M	128M	128M	128M	129M
Net EPS - Diluted	2.56	15.58	17.34	3.7	4.64
Diluted EPS - Continuing Operations	2.56	15.58	17.34	3.7	4.64
Diluted Weighted Average Shares Outstanding	128M	129M	129M	129M	129M
Normalized Basic EPS	1.46	12.74	14.16	5.41	4.56
Normalized Diluted EPS	1.46	12.68	14.06	5.38	4.54
Dividend Per Share	1.06	1.14	1.31	1.71	2.05
Payout Ratio	41.52	7.2	7.52	46.14	43.85
Supplemental Items
EBITDA	1.2B	3.63B	4.08B	2.19B	1.93B
EBITA	588M	2.97B	3.26B	1.35B	1.08B
EBIT	479M	2.84B	3.11B	1.23B	966M
EBITDAR	1.27B	3.71B	4.19B	2.31B	2.06B
Effective Tax Rate - (Ratio)	-12.69	22.67	22.03	25.43	31.02
Current Domestic Taxes	-202M	491M	547M	255M	239M
Current Foreign Taxes	14M	93M	123M	98M	87M
Total Current Taxes	-188M	584M	670M	353M	326M
Deferred Domestic Taxes	141M	32M	-15M	-113M	-23M
Deferred Foreign Taxes	5M	-9M	-6M	-62M	-12M
Total Deferred Taxes	146M	23M	-21M	-175M	-35M
Normalized Net Income	186M	1.63B	1.81B	691M	586M
Interest Capitalized	4M	3M	4M	8M	13M
Interest on Long-Term Debt	-	-	-	-	-
Non-Cash Pension Expense	-13M	-21M	-25M	5M	1M
Supplemental Operating Expense Items
Net Rental Expense, Total	70M	85M	101M	121M	131M
Imputed Operating Lease Interest Expense	20.59M	24.9M	26.01M	30.07M	32.64M
Imputed Operating Lease Depreciation	49.41M	60.1M	74.99M	90.93M	98.36M
Stock-Based Comp., Other (Total)	29M	31M	36M	43M	41M
Total Stock-Based Compensation	29M	31M	36M	43M	41M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.31B	1.91B	2.23B	3.3B	2.92B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	1.31B	1.91B	2.23B	3.3B	2.92B
Accounts Receivable, Total	1.08B	1.74B	1.65B	1.39B	1.32B
Other Receivables	136M	127M	150M	208M	168M
Total Receivables	1.21B	1.87B	1.8B	1.6B	1.48B
Inventory	918M	1.41B	1.87B	1.62B	1.7B
Prepaid Expenses	32M	80M	78M	82M	115M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	3.48B	5.26B	5.97B	6.61B	6.21B
Gross Property Plant And Equipment	11.09B	12.3B	13.84B	14.46B	15.28B
Accumulated Depreciation	-3.71B	-4.13B	-4.7B	-5.24B	-5.85B
Net Property Plant And Equipment	7.38B	8.17B	9.14B	9.22B	9.43B
Long-term Investments	1.06B	1.01B	1.14B	1.12B	1.08B
Goodwill	1.08B	2.02B	2.16B	2.04B	2.03B
Other Intangibles, Total	612M	1.58B	1.56B	1.4B	1.28B
Deferred Tax Assets Long-Term	-	-	-	-	-
Deferred Charges Long-Term	102M	261M	359M	391M	352M
Other Long-Term Assets, Total	121M	156M	210M	260M	356M
Total Assets	13.84B	18.46B	20.55B	21.04B	20.75B
Liabilities
Accounts Payable, Total	536M	879M	889M	877M	851M
Accrued Expenses, Total	717M	1.09B	1.08B	1.12B	1.12B
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	269M	-	299M	6M
Current Portion of Leases	92M	106M	116M	124M	128M
Current Income Taxes Payable	-	-	213M	-	-
Other Current Liabilities	12M	1M	2M	369M	112M
Total Current Liabilities	1.36B	2.34B	2.3B	2.79B	2.22B
Long-Term Debt	3.57B	4.91B	4.88B	4.61B	4.56B
Long-Term Leases	390M	461M	504M	611M	713M
Pension & Other Post Retirement Benefits	391M	291M	355M	363M	304M
Deferred Tax Liability Non Current	1.37B	1.68B	1.74B	1.56B	1.55B
Other Non Current Liabilities	185M	243M	314M	340M	362M
Total Liabilities	7.26B	9.93B	10.08B	10.27B	9.71B
Common Stock, Total	1M	1M	1M	1M	1M
Additional Paid In Capital	569M	581M	601M	630M	656M
Retained Earnings	5.94B	7.81B	9.88B	10.14B	10.48B
Treasury Stock	-401M	-399M	-467M	-435M	-467M
Comprehensive Income and Other	-64M	-36M	-89M	-98M	-144M
Total Common Equity	6.04B	7.96B	9.93B	10.24B	10.53B
Minority Interest	535M	573M	534M	523M	516M
Total Equity	6.58B	8.53B	10.46B	10.76B	11.04B
Total Liabilities And Equity	13.84B	18.46B	20.55B	21.04B	20.75B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	128M	128M	127M	128M	128M
ECS Total Common Shares Outstanding	128M	128M	127M	128M	128M
Book Value / Share	47.27	62.19	77.97	79.88	82.1
Tangible Book Value	4.35B	4.35B	6.2B	6.8B	7.21B
Tangible Book Value Per Share	34.01	34.01	48.72	53.01	56.26
Total Debt	4.05B	5.75B	5.5B	5.64B	5.4B
Net Debt	2.74B	3.84B	3.27B	2.34B	2.48B
Debt Equivalent of Unfunded Proj. Benefit Obligation	337M	242M	263M	305M	223M
Debt Equivalent Oper. Leases	560M	680M	808M	968M	1.05B
Minority Interest, Total (Incl. Fin. Div)	535M	573M	534M	523M	516M
Equity Method Investments, Total	1.06B	1.01B	1.14B	1.12B	1.08B
Account Code - Inventory Valuation	3	3	5	5	5
Inventories - Raw Materials, Total	394M	565M	708M	633M	650M
Inventories - Finished Goods, Total	524M	842M	1.16B	989M	1.05B
Land - (BS)	207M	284M	299M	304M	306M
Buildings, Total	652M	818M	895M	951M	1.01B
Machinery, Total	8.69B	9.36B	10.5B	10.77B	11.19B
Full Time Employees	9.22K	14.55K	15.92K	15.52K	15.54K
Accumulated Allowance for Doubtful Accounts (Supple)	17M	26M	28M	27M	27M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	330M	2.02B	2.25B	479M	602M
Depreciation & Amortization - CF	616M	661M	821M	838M	844M
Amortization of Goodwill and Intangible Assets - (CF)	109M	123M	155M	122M	117M
Depreciation & Amortization, Total	725M	784M	976M	960M	961M
Amortization of Deferred Charges, Total - (CF)	48M	56M	80M	137M	153M
(Gain) Loss From Sale Of Asset	54M	44M	51M	42M	16M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	475M	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	29M	31M	36M	43M	41M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	189M	78M	29M	-132M	10M
Change In Accounts Receivable	-161M	-528M	325M	225M	87M
Change In Inventories	29M	-309M	-140M	250M	-97M
Change In Accounts Payable	67M	242M	-153M	-26M	-20M
Change in Other Net Operating Assets	-13M	-19M	-56M	-117M	-439M
Cash from Operations	1.3B	2.39B	3.4B	2.34B	1.31B
Capital Expenditure	-525M	-658M	-1.11B	-1.03B	-1.01B
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-2.55B	-1.2B	-	-
Investment in Marketable and Equity Securities, Total	26M	-24M	-180M	-25M	-26M
Other Investing Activities, Total	-10M	23M	12M	22M	33M
Cash from Investing	-509M	-3.21B	-2.48B	-1.04B	-1B
Short Term Debt Issued, Total	-	8M	-	-	-
Long-Term Debt Issued, Total	1.3B	1.67B	-	-	-
Total Debt Issued	1.3B	1.68B	-	-	-
Short Term Debt Repaid, Total	-17M	-	-	-	-
Long-Term Debt Repaid, Total	-1.25B	-	-250M	-	-300M
Total Debt Repaid	-1.27B	-	-250M	-	-300M
Issuance of Common Stock	-	-	-	44M	13M
Repurchase of Common Stock	-54M	-30M	-101M	-23M	-60M
Common Dividends Paid	-137M	-145M	-169M	-221M	-264M
Common & Preferred Stock Dividends Paid	-137M	-145M	-169M	-221M	-264M
Other Financing Activities, Total	-53M	-67M	-67M	-45M	-39M
Cash from Financing	-216M	1.44B	-587M	-245M	-650M
Foreign Exchange Rate Adjustments	15M	-14M	-24M	19M	-47M
Net Change in Cash	587M	604M	305M	1.07B	-384M
Supplemental Items
Cash Interest Paid	140M	130M	172M	159M	153M
Cash Income Tax Paid (Refund)	-135M	466M	570M	421M	422M
Levered Free Cash Flow	455M	1.39B	1.64B	1.4B	379M
Unlevered Free Cash Flow	543M	1.5B	1.75B	1.5B	479M
Change In Net Working Capital	33M	490M	177M	-625M	272M
Net Debt Issued / Repaid	28M	1.68B	-250M	-	-300M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.21	11.01	9.96	3.7	2.89
Return on Total Capital	2.86	14.29	12.85	4.76	3.68
Return On Equity %	5.75	27.41	24.19	4.92	5.93
Return on Common Equity	5.53	28.65	24.99	4.72	5.77
Margin Analysis
Gross Profit Margin %	13.63	29.67	25.79	17.68	16.12
SG&A Margin	5.8	4.48	5.12	6.89	7.2
EBITDA Margin %	16.04	30.8	25.86	17.47	15.87
EBITA Margin %	7.84	25.19	20.67	10.79	8.92
EBIT Margin %	6.38	24.15	19.68	9.82	7.96
Income From Continuing Operations Margin %	4.97	17.58	14.54	4.16	5.33
Net Income Margin %	4.4	17.11	14.23	3.82	4.96
Net Avail. For Common Margin %	4.38	17.02	14.15	3.79	4.93
Normalized Net Income Margin	2.48	13.85	11.47	5.51	4.83
Levered Free Cash Flow Margin	6.06	11.81	10.38	11.14	3.12
Unlevered Free Cash Flow Margin	7.24	12.74	11.08	11.96	3.94
Asset Turnover
Asset Turnover	0.55	0.73	0.81	0.6	0.58
Fixed Assets Turnover	1.02	1.51	1.83	1.37	1.3
Receivables Turnover (Average Receivables)	7.44	8.36	9.31	8.24	8.97
Inventory Turnover (Average Inventory)	6.99	7.13	7.16	5.92	6.14
Short Term Liquidity
Current Ratio	2.56	2.25	2.6	2.37	2.8
Quick Ratio	1.86	1.61	1.75	1.76	1.98
Operating Cash Flow to Current Liabilities	0.96	1.02	1.48	0.84	0.59
Days Sales Outstanding (Average Receivables)	49.16	43.68	39.19	44.27	40.81
Days Outstanding Inventory (Average Inventory)	52.35	51.23	50.96	61.63	59.63
Average Days Payable Outstanding	28.57	29.44	26.49	31.96	30.82
Cash Conversion Cycle (Average Days)	72.94	65.47	63.67	73.94	69.63
Long Term Solvency
Total Debt/Equity	61.54	67.39	52.55	52.41	48.93
Total Debt / Total Capital	38.1	40.26	34.45	34.39	32.85
LT Debt/Equity	60.14	62.99	51.44	48.48	47.71
Long-Term Debt / Total Capital	37.23	37.63	33.72	31.81	32.04
Total Liabilities / Total Assets	52.45	53.8	49.08	48.83	46.78
EBIT / Interest Expense	3.37	16.16	17.56	7.47	6.08
EBITDA / Interest Expense	8.97	21.1	23.65	14.02	12.94
(EBITDA - Capex) / Interest Expense	5.27	17.36	17.39	7.75	6.6
Total Debt / EBITDA	3.18	1.55	1.31	2.44	2.63
Net Debt / EBITDA	2.15	1.03	0.78	1.01	1.21
Total Debt / (EBITDA - Capex)	5.4	1.88	1.79	4.41	5.15
Net Debt / (EBITDA - Capex)	3.65	1.26	1.06	1.83	2.37
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-7.56	56.96	34.1	-20.55	-3.24
Gross Profit, 1 Yr. Growth %	-18.81	241.64	16.54	-45.52	-11.81
EBITDA, 1 Yr. Growth %	-10.88	201.33	12.6	-45.65	-12.09
EBITA, 1 Yr. Growth %	-26.68	404.59	10.01	-57.85	-20.01
EBIT, 1 Yr. Growth %	-30.88	493.74	9.32	-59.7	-21.59
Earnings From Cont. Operations, 1 Yr. Growth %	-19.26	454.96	10.97	-77.27	23.95
Net Income, 1 Yr. Growth %	-21.62	510.61	11.51	-78.68	25.68
Normalized Net Income, 1 Yr. Growth %	-44.92	775.25	11.07	-61.84	-15.21
Diluted EPS Before Extra, 1 Yr. Growth %	-21.23	508.59	11.3	-78.66	25.41
Accounts Receivable, 1 Yr. Growth %	14.93	61.5	-5.17	-15.63	-5.6
Inventory, 1 Yr. Growth %	-1.92	53.27	32.62	-13.08	4.62
Net Property, Plant and Equip., 1 Yr. Growth %	0.35	10.66	11.9	1.36	2.37
Total Assets, 1 Yr. Growth %	4.33	33.42	11.33	2.36	-1.35
Tangible Book Value, 1 Yr. Growth %	6.67	0.07	42.61	9.54	6.14
Common Equity, 1 Yr. Growth %	3.12	31.64	24.84	3.12	2.79
Cash From Operations, 1 Yr. Growth %	-0.31	84.58	41.81	-31.19	-43.75
Capital Expenditures, 1 Yr. Growth %	-33.29	25.33	68.39	-6.68	-2.51
Levered Free Cash Flow, 1 Yr. Growth %	31.16	203.85	17.91	-13.01	-72.86
Unlevered Free Cash Flow, 1 Yr. Growth %	28.12	174.63	16.64	-12.61	-68.1
Dividend Per Share, 1 Yr. Growth %	3.9	6.57	15.33	30.94	19.6
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-6.78	20.45	45.08	3.22	-12.32
Gross Profit, 2 Yr. CAGR %	-28.25	66.55	99.54	-20.32	-30.68
EBITDA, 2 Yr. CAGR %	-23.44	63.87	84.2	-21.77	-31.32
EBITA, 2 Yr. CAGR %	-38.47	92.34	135.61	-31.92	-42.4
EBIT, 2 Yr. CAGR %	-42.56	102.58	154.77	-33.64	-44.26
Earnings From Cont. Operations, 2 Yr. CAGR %	-39.94	111.67	148.16	-49.78	-46.93
Net Income, 2 Yr. CAGR %	-42.44	118.77	160.94	-51.24	-48.24
Normalized Net Income, 2 Yr. CAGR %	-51.96	119.56	211.8	-34.9	-43.12
Diluted EPS Before Extra, 2 Yr. CAGR %	-42.04	118.95	160.26	-51.27	-48.27
Accounts Receivable, 2 Yr. CAGR %	6.41	36.24	23.76	-10.55	-10.75
Inventory, 2 Yr. CAGR %	-4.85	22.61	42.57	7.37	-4.64
Net Property, Plant and Equip., 2 Yr. CAGR %	5.79	5.38	11.28	6.22	1.86
Total Assets, 2 Yr. CAGR %	9.2	17.98	21.88	6.75	0.49
Tangible Book Value, 2 Yr. CAGR %	5.2	3.32	19.46	24.99	7.82
Common Equity, 2 Yr. CAGR %	3.97	16.51	28.19	13.46	2.96
Cash From Operations, 2 Yr. CAGR %	-4.06	35.65	61.79	-1.22	-37.79
Capital Expenditures, 2 Yr. CAGR %	-13.52	-8.56	45.27	25.36	-4.62
Levered Free Cash Flow, 2 Yr. CAGR %	-9.8	100.29	89.28	1.32	-51.9
Unlevered Free Cash Flow, 2 Yr. CAGR %	-7.68	88.09	78.97	0.99	-47.7
Dividend Per Share, 2 Yr. CAGR %	7.59	5.23	10.87	22.89	25.14
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.28	10.9	24.84	18.69	1.02
Gross Profit, 3 Yr. CAGR %	-16.56	20.71	47.86	29.45	-17.58
EBITDA, 3 Yr. CAGR %	-12.91	20.88	44.6	22.11	-18.67
EBITA, 3 Yr. CAGR %	-24.38	24.08	59.66	32.05	-28.16
EBIT, 3 Yr. CAGR %	-27.4	25.12	64.93	37.01	-29.85
Earnings From Cont. Operations, 3 Yr. CAGR %	-34.69	26.03	70.68	11.85	-32.14
Net Income, 3 Yr. CAGR %	-36.75	26.48	74.76	13.22	-33.15
Normalized Net Income, 3 Yr. CAGR %	-34.35	26.41	74.95	54.8	-28.9
Diluted EPS Before Extra, 3 Yr. CAGR %	-36.5	26.92	74.74	13.06	-33.22
Accounts Receivable, 3 Yr. CAGR %	3.9	22.29	20.74	8.92	-8.93
Inventory, 3 Yr. CAGR %	0.66	11.54	25.86	20.89	6.45
Net Property, Plant and Equip., 3 Yr. CAGR %	4.8	7.39	7.51	7.68	4.92
Total Assets, 3 Yr. CAGR %	4.64	16.74	15.72	14.99	3.98
Tangible Book Value, 3 Yr. CAGR %	12.12	3.46	15.04	16.06	18.36
Common Equity, 3 Yr. CAGR %	7.43	12.48	19.22	19.22	9.79
Cash From Operations, 3 Yr. CAGR %	-5.32	19.33	37.67	21.67	-18.12
Capital Expenditures, 3 Yr. CAGR %	-3.1	-2.13	12.08	25.35	15.28
Levered Free Cash Flow, 3 Yr. CAGR %	-22.33	35.51	67.86	45.1	-34.69
Unlevered Free Cash Flow, 3 Yr. CAGR %	-20.21	33.02	60.4	40.05	-31.23
Dividend Per Share, 3 Yr. CAGR %	9.95	7.25	8.49	17.19	21.78
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	10.95	18.33	14.46	7.76	8.38
Gross Profit, 5 Yr. CAGR %	-2.9	28.88	18.26	2.23	9.21
EBITDA, 5 Yr. CAGR %	0.27	28.36	17.51	1.31	7.36
EBITA, 5 Yr. CAGR %	-9.47	32.63	19.14	-2.71	6.19
EBIT, 5 Yr. CAGR %	-12.98	32.94	19.95	-3.23	6.87
Earnings From Cont. Operations, 5 Yr. CAGR %	-10.92	37.58	11.4	-12.78	6.97
Net Income, 5 Yr. CAGR %	-12.57	38.25	11.5	-13.62	7.41
Normalized Net Income, 5 Yr. CAGR %	-19.96	35.36	22.43	-3.06	11.62
Diluted EPS Before Extra, 5 Yr. CAGR %	-12.03	38.47	11.64	-13.45	7.38
Accounts Receivable, 5 Yr. CAGR %	20.49	16.54	11.43	7.91	6.99
Inventory, 5 Yr. CAGR %	16.16	11.93	15.7	9.85	12.64
Net Property, Plant and Equip., 5 Yr. CAGR %	19.7	4.93	7.35	6.92	5.1
Total Assets, 5 Yr. CAGR %	19.96	11.13	11.22	12.64	9.37
Tangible Book Value, 5 Yr. CAGR %	7.33	19.44	15	11.59	12.1
Common Equity, 5 Yr. CAGR %	13.1	17.68	15.3	12.87	12.43
Cash From Operations, 5 Yr. CAGR %	3.75	22.52	17.31	10.64	0.2
Capital Expenditures, 5 Yr. CAGR %	1.35	0.91	13.94	8.05	5.07
Levered Free Cash Flow, 5 Yr. CAGR %	-0.26	39.92	11.06	20.13	1.82
Unlevered Free Cash Flow, 5 Yr. CAGR %	2.4	48.2	10.35	18.68	2.45
Dividend Per Share, 5 Yr. CAGR %	8.97	8.81	10.32	13.25	14.87