Labcorp Holdings Inc. logo LH - Labcorp Holdings Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 26
HOLD 9
SELL 0
STRONG
SELL
0
| PRICE TARGET: $311.33 DETAILS
HIGH: $334.00
LOW: $300.00
MEDIAN: $300.00
CONSENSUS: $311.33
UPSIDE: 19.77%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 13,951.7 13,008.9 12,161.6 11,863.9 13,136.1 13,978.5 11,554.8 11,333.4 10,441.4 9,641.8 8,680.1 6,011.6 5,808.3 5,671.4 5,542.3 5,003.9 4,694.7 4,505.2 4,068.2 3,590.8 3,327.6 3,084.8 2,939.4 2,507.7 2,199.8 1,919.3 1,698.7 1,612.6 1,519 1,607.7 1,432 872.5 760.5
Cost of Revenue 10,219.2 9,384.5 8,796.7 8,155 8,143.7 9,025.7 8,302.3 8,157 6,977.4 6,461.3 5,776.8 3,808.5 3,585.1 3,421.7 3,267.6 2,906.1 2,723.8 2,631.4 2,377 2,061.4 1,937.3 1,795.5 1,714.8 1,445.9 1,274.2 1,096.6 1,016.3 995.8 1,024.3 1,129 978.9 568.9 421.4
Gross Profit 3,732.5 3,624.4 3,364.9 3,708.9 4,992.4 4,952.8 3,252.5 3,176.4 3,464 3,180.5 2,903.3 2,203.1 2,223.2 2,249.7 2,274.7 2,097.8 1,970.9 1,873.8 1,691.2 1,529.4 1,390.3 1,289.3 1,224.6 1,061.8 925.6 822.7 682.4 616.8 494.7 478.7 453.1 303.6 339.1
Operating Expenses
R&D Expenses 0 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 2,216.3 2,230 2,021.4 1,996.6 1,690.3 1,729.3 1,624.5 1,570.9 1,812.4 1,630.2 1,622 1,198.2 1,128.8 1,114.6 1,159.6 1,034.3 958.9 935.1 808.7 779.1 703.9 649.1 651.8 585.5 516.5 483 448.2 405 499.9 490 313.5 149.3 121.4
Other Expenses 0 307.7 615.9 275.8 253.5 778.1 243.2 167.7 (7.6) 2.6 (7.8) 10.4 2.1 (7.2) 85.8 72.7 62.6 57.9 54.9 52.2 51.4 42.7 37.6 23.8 41.5 89.6 84.5 84.2 86.8 84.5 72.4 44.4 32.2
Operating Expenses 2,216.3 2,537.7 2,639.3 2,272.4 1,943.8 2,507.4 1,867.7 1,802.6 2,028.9 1,809.7 1,786.5 1,274.9 1,210.5 1,200.9 1,245.4 1,107 1,021.5 1,030.9 863.6 831.3 755.3 691.8 689.4 609.3 558 572.6 532.7 489.2 586.7 574.5 385.9 193.7 153.6
Operating Income
Operating Income 1,516.2 1,086.7 725.6 1,436.5 3,048.6 2,445.4 1,330.2 1,325.7 1,364.2 1,312.4 1,002.9 910.4 990.9 1,023.5 948.4 978.8 935.9 842.9 777 697.1 618.1 598.4 533.7 435 367.6 250.1 149.7 127.6 (92) (95.8) 67.2 109.9 185.5
Interest Expense 224.1 208.3 199.6 179.8 211.8 207.4 240.7 244.2 235.1 219.1 274.9 109.5 96.5 94.5 87.5 70 62.9 72 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 15.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.6 2.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 2,012.7 1,811.3 1,349.4 1,954.4 3,676.4 3,251.5 2,116.9 2,064.6 1,845.8 1,809.6 1,576.8 1,175.6 1,238.5 1,259.9 1,180.9 1,189.2 1,140.8 1,035.7 990.4 853.1 784.8 790.2 668.4 554.3 471.6 339.7 234.2 211.8 17.5 186.7 139.6 154.3 217.7
EBIT 1,331.6 1,167.8 768.5 1,417.2 3,099.4 2,426.5 1,345.6 1,512.5 1,312.6 1,319 1,000.9 930.1 1,012.1 1,038.7 953.6 985.6 947.5 857.7 827.6 698.1 635 597.5 535.2 452.5 367.6 250.1 149.7 127.6 (69.3) 89.2 67.2 109.9 185.5
Income Before Tax 1,107.5 959.5 568.9 1,237.4 2,887.6 2,219.1 1,104.9 1,268.3 1,134.9 1,105.5 732.1 826.7 915.6 944.2 866.1 915.6 884.6 772.4 802.3 720.9 640.7 615.3 540.4 432.3 332.3 207.6 105.5 81.5 (161.3) (188.3) 3.1 55.4 191.1
Income Tax Expense 229.8 212.4 188.5 233.9 690 662.1 280 384.4 (139.1) 372.3 294.1 314.1 340.2 359.4 333 344 329 307.9 325.5 289.3 254.5 252.3 219.4 177.7 149.6 95.5 40.1 12.7 (54.4) (34.8) 7.1 25.3 78.4
Net Income 876.5 746 418 1,279.1 2,377.3 1,556.1 823.8 883.7 1,268.2 732.1 436.9 511.2 573.8 583.1 519.7 558.2 543.3 464.5 476.8 431.6 386.2 363 321 254.6 179.5 112.1 65.4 68.8 (106.9) (153.5) (12.3) 30.1 112.7
Per Share Data
EPS (Basic) 10.54 8.89 4.80 14.04 24.58 15.99 8.41 8.71 12.39 7.14 4.42 6.03 6.70 6.24 5.31 5.45 4.98 4.60 4.08 3.48 2.89 2.60 2.23 1.78 1.29 0.83 0.30 0.50 -2.17 -3.12 -0.27 0.90 3.15
EPS (Diluted) 10.46 8.84 4.77 13.96 24.38 15.88 8.36 8.61 12.21 7.02 4.34 5.91 6.25 5.99 5.11 5.29 4.98 4.60 3.93 3.24 2.71 2.45 2.11 1.77 1.27 0.81 0.29 0.50 -2.17 -3.12 -0.27 0.90 3.15
Shares Outstanding 83.2 83.9 87.1 91.1 96.7 97.3 97.9 101.4 102.4 102.5 98.8 84.8 85.7 93.5 97.8 102.4 109.1 111.7 116.9 124.0 133.6 139.6 143.9 143.0 139.1 52.5 53.6 50.4 49.2 49.1 44.7 33.4 35.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 532.3 1,518.7 536.8 320.6 1,472.7 1,320.8 337.5 426.8 316.6 433.6 148.5 219.7 186.8 123 56.4 149.2 48.8 40.3 22.7 23.3 29.3 16.4 26.8 12.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 20 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 2,260.7 2,097 2,098.7 1,997.3 2,978.3 3,016.6 2,025.3 1,862.3 1,847.5 1,518.7 574.2 631.6 441.4 432.5 393 365.5 368 348 375.4 330.6 505.6 425.6 205.4 119
Inventory 534.7 493.2 474.6 470.6 401.4 423.2 244.7 237.3 227.6 205.2 90 91 61.5 47 44.8 38.7 31.6 29.1 30.7 36 44.3 53.7 20.1 0
Other Current Assets 692.8 697.6 655.3 1,836.5 0 0 0 0 88.9 148.3 42.8 6.7 1.1 19.1 57.1 54.4 63.3 82.1 90.3 137.7 142.3 104.2 40.7 52
Total Current Assets 4,020.5 4,806.5 3,765.4 4,625 5,330.5 5,125.4 2,981.2 2,835.4 2,682.6 2,478.7 935.6 1,032.8 740 657.9 596.7 624.5 511.7 499.5 519.1 527.6 721.5 599.9 293 183.3
Non-Current Assets
Property, Plant & Equipment 3,081.5 3,045.4 2,911.8 2,794.1 2,815.4 2,729.6 2,611.6 1,784.7 1,748.9 1,718.6 500.8 496.4 360 361.3 351.2 309.3 272.8 273.2 259.1 254.9 282.9 304.8 140.1 100.1
Goodwill 6,789.5 6,369.7 6,142.5 6,123.7 7,958.9 7,751.5 7,865 7,360.3 7,530 6,424.4 1,897.1 1,772.2 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 3,596 3,488.9 3,342 3,122.9 3,735.5 3,961.1 4,034.5 3,911.1 4,340.8 3,400.5 1,342.2 1,222.6 1,857.4 1,857.3 1,217.5 968.5 865.7 803.9 836.2 851.3 891.1 916.7 551.9 281.5
Long-Term Investments 153.9 16.3 26.9 65.7 60.9 73.5 84.9 60.5 58.4 57.6 71.4 72 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 751.3 652.2 536.5 3,416.6 462.6 410 435.4 276 605.3 165.1 90.7 73.5 643.5 538.4 426.6 27.3 16.7 13.6 26.5 24.7 21.5 15.8 27.7 20.6
Total Non-Current Assets 14,372.2 13,572.5 12,959.7 15,529.4 15,054.9 14,946.3 15,040.2 13,349.9 13,885.4 11,768.3 3,902.2 3,636.7 2,860.9 2,757 2,015.1 1,305.1 1,155.2 1,090.7 1,121.8 1,130.9 1,195.5 1,237.3 719.7 402.2
Total Assets 18,392.7 18,379 16,725.1 20,155.1 20,385.4 20,071.7 18,021.4 16,185.3 16,568 14,247 4,837.8 4,669.5 3,600.9 3,414.9 2,611.8 1,929.6 1,666.9 1,590.2 1,640.9 1,658.5 1,917 1,837.2 1,012.7 585.5
Current Liabilities
Account Payables 840.8 875.8 827.5 852.2 621.3 638.9 632.3 634.6 573.9 508.4 183.1 159.7 85.3 73 79.9 60.2 52.8 43.6 50.2 55.9 65.7 106.2 44.3 36.9
Short-Term Debt 695.8 1,000.3 999.8 301.3 1.5 376.7 415.2 10 409.2 541.1 417.2 120.8 0.1 523.5 0.4 0 132 95 72.5 0 18.7 70.8 39 21.6
Deferred Revenue 439.1 392.2 421.7 310.6 558.5 506.5 451 356.4 380.8 176 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 847.8 495.4 431.4 1,102.2 735.5 623.2 474.6 427.6 432.8 346.2 142.4 0 0 0 0 0 127.1 107 128.7 140.7 168.4 173.5 119.5 62.4
Total Current Liabilities 2,823.5 3,330.2 3,225.2 3,078.5 2,782.9 3,078.5 2,655.8 1,878.9 2,185.7 1,827.6 1,018.4 546.9 300.8 757.6 226.4 201.2 311.9 245.6 251.4 196.6 252.8 350.5 202.8 120.9
Non-Current Liabilities
Long-Term Debt 5,767.2 5,331.2 4,054.7 5,038.8 5,416.5 5,419 5,789.8 5,990.9 6,286.8 5,236.6 977.2 1,600.5 889.3 356.3 516 502.8 353.7 482.8 575.5 689.6 1,261.6 940.1 563.8 299.2
Deferred Tax Liabilities 454.5 383.1 417.9 543.4 762.9 828.5 942.8 940 875.5 1,206.4 577.7 522.9 346.2 273.4 79.3 0 0 0 0 0 0 5.1 20.6 21.5
Other Non-Current Liabilities (34.8) 517.4 409.3 642.4 402 526.4 383.2 334 442.3 392 158.4 189.6 87.6 127.3 141.5 134.1 123.9 127.6 132.8 142.3 144.5 129.9 59.5 3.1
Total Non-Current Liabilities 6,932.5 6,982.3 5,609.4 6,961.1 7,308.5 7,535.9 7,803.5 7,315.9 7,662.4 6,898.4 1,713.3 2,313 1,326 761.4 742.3 643 477.6 610.4 708.3 831.9 1,406.1 1,075.1 643.9 323.8
Total Liabilities 9,756 10,312.5 8,834.6 10,039.6 10,091.4 10,614.4 10,459.3 9,194.8 9,848.1 8,726 2,731.7 2,859.9 1,626.8 1,519 968.7 844.2 789.5 856 959.7 1,028.5 1,658.9 1,425.6 846.7 444.7
Stockholders' Equity
Common Stock 7.5 7.6 7.7 8.1 8.5 9 9 11.7 12 12.1 12.5 12.8 15.1 14.9 14.8 7.1 3.5 1.3 0 0 0 0 0 0
Retained Earnings 8,639.9 8,303.4 7,888.2 10,581.7 10,456.4 9,479.2 7,903.6 7,079.8 6,224 4,955.8 2,927.9 2,600 950.1 587.1 266.1 11.5 (168) (245.5) (260.5) (284.9) (154.1) (0.6) 11.7 202
Accumulated Other Comprehensive Income (27.6) (261.6) (59.3) (493.2) (192) (161.9) (372.4) (463.1) (335.7) (581.1) 61.5 (16.7) 74.2 12.3 (71.3) (22) (9.8) (4.2) (174.7) (204.9) (174.7) (132.2) (93) 0
Total Stockholders' Equity 8,619.8 8,052.2 7,875 10,096.6 10,273.4 9,436.6 7,567 6,971.4 6,804.1 5,505.8 2,106.1 1,688.3 1,999.3 1,895.9 1,611.7 1,085.4 877.4 734.2 681.2 630 258.1 411.6 166 140.8
Total Liabilities & Equity 18,392.7 18,379 16,725.1 20,155.1 20,385.4 20,071.7 18,021.4 16,185.3 16,568 14,247 4,837.8 4,669.5 3,600.9 3,414.9 2,611.8 1,929.6 1,666.9 1,590.2 1,640.9 1,658.5 1,917 1,837.2 1,012.7 585.5
Debt Metrics
Total Debt 7,204 7,272.8 5,954.2 6,246.4 6,342.6 6,756.4 7,107.6 6,059.8 6,762.1 5,849.5 1,394.4 1,721.3 892.3 884.2 521.9 508.9 485.7 577.8 648 689.6 1,280.3 1,010.9 602.8 320.8
Net Debt 6,671.7 5,754.1 5,417.4 5,925.8 4,869.9 5,435.6 6,770.1 5,633 6,445.5 5,415.9 1,245.9 1,501.6 705.5 761.2 465.5 359.7 436.9 537.5 625.3 666.3 1,251 994.5 576 308.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 877.7 746 379.2 1,003.5 2,379.5 1,557 824.9 883.9 1,274 733.2 386.2 363 321 254.6 179.5 112.1 65.4 68.8 (106.9) (153.5) (4) 30.1 112.7
Depreciation & Amortization 681.1 643.5 577.3 537.2 577 624.7 577.2 552.1 533.2 499.2 149.8 138.8 135.6 101.8 104 89.6 84.5 84.2 86.8 84.5 72.4 44.4 32.2
Stock-Based Compensation 125.8 116.7 128.7 116.8 132.9 111.7 107 91.6 109.7 109.6 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (526.1) (154.1) (361.9) (603.4) (263.7) (856.9) (294.4) (70.3) 58.9 (214.4) 3.3 (26.1) (1.5) 17.1 6.5 43.2 (12.7) (49.8) 202.2 (370.8) (81.8) (95.9) (91.7)
Other Non-Cash Items 384.4 253.8 682.5 875.5 321.2 745.8 200.8 (174.1) 25.8 (6.4) 6.2 23.5 22.9 42.5 24.4 5 6.3 (7.4) 5.3 (7.5) (5.4) 5.5 (15.1)
Operating Cash Flow 1,640.5 1,585.8 1,327.7 1,955.9 3,109.6 2,135.3 1,444.7 1,305.4 1,459.4 1,175.9 574.2 538.1 564.3 444.9 316 246.7 180.5 125.1 144.4 (186.8) 47 14.7 57.2
Investing Activities
Capital Expenditure (434.5) (489.9) (453.6) (481.9) (460.4) (381.7) (400.2) (379.8) (315.4) (278.9) (93.6) (95) (83.6) (74.3) (88.1) (55.5) (69.4) (82.4) (34.5) (54.1) (75.4) (48.9) (33.6)
Acquisitions (582) (823.9) (671.5) (1,162.4) (496.9) (267.6) (876) (136.4) (1,918.8) (561.1) (342.6) (40) (647.5) (261.9) (141.1) (94.9) 0 0 0 0 0 0 0
Purchases of Investments (192.4) (55) (29) (17.4) (27.8) (40.1) (27.5) 379.8 (36.2) (12.5) (987.8) (35) 1 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 6.9 0 6.7 8.1 13.2 4.1 12.9 18.3 0 13.5 1,129.3 35 50.4 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 8 2 (24.1) 1.4 87.3 42.1 7.7 324.8 5.5 30.8 (3.9) (4.9) (30.8) (32.7) (0.8) 0.4 (7.6) 20.6 1.6 (5) (39.6) (244.7) (62.1)
Investing Cash Flow (1,194) (1,366.8) (1,171.5) (1,652.2) (884.6) (643.2) (1,283.1) 206.7 (2,228.7) (795.7) (298.6) (139.9) (710.5) (368.9) (230) (150) (77) (61.8) (32.9) (59.1) (115) (293.6) (95.7)
Financing Activities
Net Debt Issuance (775) 1,000 (300) 0 (375) (412.2) 210.1 (695) 956.9 (666.8) 244.4 (1.9) 348.2 (205.7) 20.2 (96.2) (71.1) (41.5) (586.7) 269.2 358.3 315 203
Stock Repurchased (450) (250.1) (1,039.8) (1,150.6) (1,716) (134.5) (450) (700) (338.1) (43.9) (583.7) (368.1) (154.9) 0 0 0 0 0 0 0 0 0 (154.2)
Dividends Paid (240.7) (243.1) (254) (195.2) 0 0 0 0 0 0 0 0 0 0 0 (9.5) (18.5) (18.5) (9.7) 0 (474.7) (13.6) (29)
Other Financing Activities (45.6) 273.1 1,534.5 23.6 25.2 29.3 27.8 5.1 21.8 95.5 0 0 (2) 16.4 (20.1) 0 0 (6.8) (4.6) (10.4) (12.9) (8.1) (2.8)
Financing Cash Flow (1,457) 779.9 (59.3) (1,322.2) (2,065.8) (517.4) (252.7) (1,389.9) 631.9 (649.8) (277.2) (313.7) 212.3 (171.1) 15 (87.9) (85.8) (63.9) (117.5) 258.8 57.6 293.4 17.4
Cash Position
Net Change in Cash (986.4) 981.9 106.8 (1,042.7) 151.9 983.3 (89.3) 110.2 (116.9) (282.8) (2.2) 83.8 66.6 (92.8) 100.4 8.5 17.6 (63.9) (117.5) 258.8 57.6 293.4 17.4
Cash at Beginning 1,518.7 536.8 430 1,472.7 1,320.8 337.5 426.8 316.6 433.6 716.4 47.6 103 56.4 149.2 48.8 40.3 22.7 23.3 29.3 16.4 26.8 12.3 33.4
Cash at End 532.3 1,518.7 536.8 430 1,472.7 1,320.8 337.5 426.8 316.7 433.6 45.4 186.8 123 56.4 149.2 48.8 40.3 (40.6) (88.2) 275.2 84.4 305.7 50.8
Free Cash Flow 1,206 1,095.9 874.1 1,474 2,649.2 1,753.6 1,044.5 925.6 1,144 897 480.6 443.1 480.7 370.6 227.9 191.2 111.1 42.7 109.9 (240.9) (28.4) (34.2) 23.6
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 13,951.7 13,008.9 12,161.6 11,863.9 13,136.1 13,978.5 11,554.8 11,333.4 10,441.4 9,641.8 8,680.1 6,011.6 5,808.3 5,671.4 5,542.3 5,003.9 4,694.7 4,505.2 4,068.2 3,590.8 3,327.6 3,084.8 2,939.4 2,507.7 2,199.8 1,919.3 1,698.7 1,612.6 1,519 1,607.7 1,432 872.5 760.5
Gross Profit 3,732.5 3,624.4 3,364.9 3,708.9 4,992.4 4,952.8 3,252.5 3,176.4 3,464 3,180.5 2,903.3 2,203.1 2,223.2 2,249.7 2,274.7 2,097.8 1,970.9 1,873.8 1,691.2 1,529.4 1,390.3 1,289.3 1,224.6 1,061.8 925.6 822.7 682.4 616.8 494.7 478.7 453.1 303.6 339.1
Operating Income 1,516.2 1,086.7 725.6 1,436.5 3,048.6 2,445.4 1,330.2 1,325.7 1,364.2 1,312.4 1,002.9 910.4 990.9 1,023.5 948.4 978.8 935.9 842.9 777 697.1 618.1 598.4 533.7 435 367.6 250.1 149.7 127.6 (92) (95.8) 67.2 109.9 185.5
Net Income 876.5 746 418 1,279.1 2,377.3 1,556.1 823.8 883.7 1,268.2 732.1 436.9 511.2 573.8 583.1 519.7 558.2 543.3 464.5 476.8 431.6 386.2 363 321 254.6 179.5 112.1 65.4 68.8 (106.9) (153.5) (12.3) 30.1 112.7
EPS (Diluted) 10.46 8.84 4.77 13.96 24.38 15.88 8.36 8.61 12.21 7.02 4.34 5.91 6.25 5.99 5.11 5.29 4.98 4.60 3.93 3.24 2.71 2.45 2.11 1.77 1.27 0.81 0.29 0.50 -2.17 -3.12 -0.27 0.90 3.15
Balance Sheet
Cash & Equivalents 532.3 1,518.7 536.8 320.6 1,472.7 1,320.8 337.5 426.8 316.6 433.6 148.5 219.7 186.8 123 56.4 149.2 48.8 40.3 22.7 23.3 29.3 16.4 26.8 12.3
Total Assets 18,392.7 18,379 16,725.1 20,155.1 20,385.4 20,071.7 18,021.4 16,185.3 16,568 14,247 4,837.8 4,669.5 3,600.9 3,414.9 2,611.8 1,929.6 1,666.9 1,590.2 1,640.9 1,658.5 1,917 1,837.2 1,012.7 585.5
Total Debt 7,204 7,272.8 5,954.2 6,246.4 6,342.6 6,756.4 7,107.6 6,059.8 6,762.1 5,849.5 1,394.4 1,721.3 892.3 884.2 521.9 508.9 485.7 577.8 648 689.6 1,280.3 1,010.9 602.8 320.8
Stockholders' Equity 8,619.8 8,052.2 7,875 10,096.6 10,273.4 9,436.6 7,567 6,971.4 6,804.1 5,505.8 2,106.1 1,688.3 1,999.3 1,895.9 1,611.7 1,085.4 877.4 734.2 681.2 630 258.1 411.6 166 140.8
Cash Flow
Operating Cash Flow 1,640.5 1,585.8 1,327.7 1,955.9 3,109.6 2,135.3 1,444.7 1,305.4 1,459.4 1,175.9 574.2 538.1 564.3 444.9 316 246.7 180.5 125.1 144.4 (186.8) 47 14.7 57.2
Capital Expenditure (434.5) (489.9) (453.6) (481.9) (460.4) (381.7) (400.2) (379.8) (315.4) (278.9) (93.6) (95) (83.6) (74.3) (88.1) (55.5) (69.4) (82.4) (34.5) (54.1) (75.4) (48.9) (33.6)
Free Cash Flow 1,206 1,095.9 874.1 1,474 2,649.2 1,753.6 1,044.5 925.6 1,144 897 480.6 443.1 480.7 370.6 227.9 191.2 111.1 42.7 109.9 (240.9) (28.4) (34.2) 23.6