UA - Under Armour, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$5.50
DETAILS
HIGH:
$5.50
LOW:
$5.50
MEDIAN:
$5.50
CONSENSUS:
$5.50
UPSIDE:
1.85%
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Revenue | 4,966.4 | 5,165.7 | 5,694.2 | 5,858.7 | 5,689.9 | 4,472.6 | 5,248.3 | 5,193.2 | 4,976.6 | 4,825.3 | 3,963.3 | 3,084.4 | 2,332.1 | 1,834.9 | 1,472.7 | 1,063.9 | 856.4 | 725.2 | 606.6 | 430.7 | 281.1 | 205.2 | 115.4 | 49.5 | 19.7 |
| Cost of Revenue | 2,707.5 | 2,692.2 | 3,068.8 | 3,263.2 | 2,812.1 | 2,331.1 | 2,807.4 | 2,857.5 | 2,746.4 | 2,598.0 | 2,075.2 | 1,581.1 | 1,197.0 | 957.8 | 762.7 | 535.4 | 445.3 | 371.9 | 303.0 | 215.7 | 145.2 | 109.7 | 64.8 | 26.3 | 9.3 |
| Gross Profit | 2,258.9 | 2,473.5 | 2,625.5 | 2,595.4 | 2,877.7 | 2,141.5 | 2,440.9 | 2,335.7 | 2,230.1 | 2,227.3 | 1,888.1 | 1,503.3 | 1,135.1 | 877.1 | 709.9 | 528.5 | 411.1 | 353.3 | 303.5 | 215.0 | 135.8 | 95.4 | 50.7 | 23.2 | 10.4 |
| Operating Expenses | |||||||||||||||||||||||||
| R&D Expenses | 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 | 2,294.3 | 2,302.4 | 2,392.8 | 2,376.3 | 2,330.2 | 2,154.9 | 2,227.7 | 2,176.2 | 2,078.6 | 1,793.1 | 1,476.8 | 1,149.0 | 867.5 | 668.4 | 548.6 | 416.2 | 325.9 | 276.4 | 217.3 | 157.7 | 100.0 | 70.1 | 40.7 | 18.9 | 7.0 |
| Other Expenses | 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 |
| Operating Expenses | 2,294.3 | 2,302.4 | 2,392.8 | 2,376.3 | 2,330.2 | 2,154.9 | 2,227.7 | 2,176.2 | 2,078.6 | 1,793.1 | 1,476.8 | 1,149.0 | 867.5 | 668.4 | 548.6 | 416.2 | 325.9 | 276.4 | 217.3 | 157.7 | 100.0 | 70.1 | 40.7 | 18.9 | 7.0 |
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (35.4) | 171.1 | 232.7 | 219.1 | 547.5 | (13.5) | 213.3 | 159.4 | 151.5 | 434.2 | 411.3 | 354.4 | 267.6 | 208.7 | 161.4 | 112.4 | 85.3 | 76.9 | 86.3 | 57.3 | 35.9 | 25.4 | 10.0 | 4.3 | 3.3 |
| Interest Expense | 30.3 | 6.1 | 0 | 12.8 | 44.3 | 47.2 | 22.8 | 33.2 | 35.8 | 24.7 | 12.1 | 3.8 | 3.0 | 5.2 | 3.9 | 2.3 | 2.4 | 1.4 | 0.8 | 0.6 | 2.9 | 1.3 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0.4 | 0.3 | 0.2 | 0.2 | 0.0 | 0 | 0.0 | 0.0 | 0.1 | 0.6 | 1.5 | 2.2 | 0.3 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||
| EBITDA | 74.2 | 306.9 | 404.7 | 416.1 | 576.3 | (280.3) | 419.1 | 147.1 | 199.3 | 557.7 | 499.7 | 418.1 | 314.5 | 251.7 | 197.1 | 142.5 | 113.1 | 92.7 | 104.5 | 69.3 | 42.4 | 28.6 | 11.1 | 4.3 | 3.3 |
| EBIT | (35.4) | 171.1 | 262.1 | 280.6 | 435.1 | (445.3) | 232.7 | (34.6) | 25.5 | 413.0 | 398.8 | 346.0 | 263.9 | 208.6 | 160.8 | 111.2 | 84.9 | 71.3 | 89.8 | 59.7 | 35.9 | 25.4 | 10.0 | 4.3 | 3.3 |
| Income Before Tax | (200.9) | (204.2) | 262.0 | 265.8 | 392.1 | (499.8) | 162.2 | (66.9) | (10.3) | 388.3 | 386.7 | 342.2 | 261.0 | 203.4 | 156.9 | 108.9 | 82.4 | 69.9 | 89.0 | 59.1 | 33.0 | 24.1 | 7.7 | 3.4 | 3.0 |
| Income Tax Expense | 294.8 | (2.9) | 30.0 | (108.6) | 32.1 | 49.4 | 70.0 | (20.6) | 38.0 | 131.3 | 154.1 | 134.2 | 98.7 | 74.7 | 59.9 | 40.4 | 35.6 | 31.7 | 36.5 | 20.1 | 13.3 | 7.8 | 2.0 | 0 | 0 |
| Net Income | (495.6) | (201.3) | 232.0 | 374.5 | 360.1 | (549.2) | 92.1 | (46.3) | (48.3) | 198.0 | 232.6 | 208.0 | 162.2 | 128.4 | 96.9 | 67.9 | 46.3 | 38.2 | 52.6 | 39.0 | 19.7 | 16.3 | 5.7 | 2.8 | 3.0 |
| Per Share Data | |||||||||||||||||||||||||
| EPS (Basic) | -1.16 | -0.47 | 0.53 | 0.86 | 0.77 | -1.19 | 0.20 | -0.10 | -0.11 | 0.46 | 0.54 | 0.49 | 0.39 | 0.31 | 0.24 | 0.17 | 0.12 | 0.10 | 0.14 | 0.10 | 0.05 | 0.05 | 0.02 | 0.01 | 0.01 |
| EPS (Diluted) | -1.16 | -0.47 | 0.52 | 0.84 | 0.77 | -1.19 | 0.20 | -0.10 | -0.11 | 0.45 | 0.53 | 0.48 | 0.38 | 0.31 | 0.23 | 0.17 | 0.12 | 0.10 | 0.13 | 0.10 | 0.04 | 0.05 | 0.02 | 0.01 | 0.01 |
| Shares Outstanding | 426.6 | 432.2 | 440.3 | 451.4 | 465.5 | 453.9 | 451.0 | 445.8 | 440.7 | 436.3 | 431.0 | 426.5 | 421.4 | 419.2 | 412.6 | 406.4 | 398.8 | 388.6 | 384.2 | 375.9 | 297.6 | 281.0 | 256.8 | 249.6 | 249.6 |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||
| Cash & Cash Equivalents | 309.2 | 501.4 | 858.7 | 710.9 | 1,009.1 | 1,517.4 | 788.1 | 557.4 | 312.5 | 250.5 | 129.9 | 102.0 | 40.6 | 0.7 | 0.8 | 0.3 |
| Short-Term Investments | 605.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 681.9 | 675.8 | 757.3 | 758.6 | 702.2 | 527.3 | 708.7 | 652.5 | 609.7 | 622.7 | 433.6 | 81.3 | 93.5 | 24.7 | 0 | 0 |
| Inventory | 914.8 | 945.8 | 958.5 | 1,185.7 | 824.5 | 896.0 | 892.3 | 1,019.5 | 1,158.5 | 917.5 | 783.0 | 182.2 | 166.1 | 21.8 | 13.9 | 4.4 |
| Other Current Assets | 207.5 | 206.1 | 289.2 | 293.3 | 297.0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.8 | 10.4 | 3.2 | (14.7) | (4.7) |
| Total Current Assets | 2,718.7 | 2,329.1 | 2,863.7 | 2,948.5 | 2,832.8 | 3,223.0 | 2,702.2 | 2,593.6 | 2,337.7 | 1,965.2 | 1,498.8 | 396.4 | 322.2 | 50.4 | 0 | 0 |
| Non-Current Assets | ||||||||||||||||
| Property, Plant & Equipment | 1,028.6 | 1,029.5 | 1,099.2 | 1,134.1 | 1,021.8 | 1,195.3 | 1,384.1 | 826.9 | 885.8 | 804.2 | 538.5 | 73.5 | 52.3 | 4.1 | 0 | 0 |
| Goodwill | 492.8 | 487.6 | 478.3 | 482.0 | 491.5 | 502.2 | 550.2 | 546.5 | 555.7 | 563.6 | 585.2 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 4.5 | 5.2 | 7 | 8.9 | 10.6 | 13.3 | 36.3 | 41.8 | 47.0 | 64.3 | 75.7 | 5.5 | 6.5 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 118.9 | 163.3 | 91.5 | 67.1 | 76.0 | 72.9 | 88.3 | 123.8 | 97.4 | 110.2 | 75.7 | 3.4 | 1.4 | 0.2 | 0 | 0 |
| Total Non-Current Assets | 1,697.0 | 1,971.8 | 1,897.1 | 1,879.1 | 1,620.0 | 1,807.7 | 2,141.3 | 1,651.4 | 1,668.7 | 1,679.2 | 1,367.2 | 91.1 | 68.4 | 4.3 | 0 | 0 |
| Total Assets | 4,415.7 | 4,300.9 | 4,760.7 | 4,827.6 | 4,452.8 | 5,030.6 | 4,843.5 | 4,245.0 | 4,006.4 | 3,644.3 | 2,866.0 | 487.6 | 390.6 | 54.7 | 29.5 | 9.5 |
| Current Liabilities | ||||||||||||||||
| Account Payables | 420.1 | 429.9 | 483.7 | 648.5 | 560.3 | 576.0 | 618.2 | 560.9 | 561.1 | 409.7 | 200.5 | 72.4 | 55.0 | 10.9 | 0 | 0 |
| Short-Term Debt | 752.9 | 0 | 80.9 | 0 | 0 | 0 | 0 | 25 | 152 | 27 | 42 | 32.1 | 4.1 | 19.7 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 503.8 | 316.4 | 260.0 | 203.3 | 285.5 | 295.9 | 303.2 | 389.7 | 50.4 | 40.4 | 43.4 | 2.3 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 1,676.8 | 1,109.1 | 1,165.5 | 1,359.3 | 1,298.6 | 1,413.3 | 1,422.0 | 1,316.0 | 1,060.4 | 685.8 | 478.8 | 133.1 | 95.7 | 36.6 | 0 | 0 |
| Non-Current Liabilities | ||||||||||||||||
| Long-Term Debt | 590.6 | 595.1 | 594.9 | 674.5 | 672.3 | 1,003.6 | 592.7 | 703.8 | 765.0 | 790.4 | 624.1 | 13.1 | 9.3 | 0.4 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 137.8 | 132.0 | 219.4 | 121.9 | 84.0 | 98.4 | 98.1 | 208.3 | 162.3 | 137.2 | 94.9 | 10.2 | 4.7 | 4.7 | 0 | 0 |
| Total Non-Current Liabilities | 1,324.5 | 1,301.5 | 1,442.0 | 1,502.1 | 1,425.3 | 1,941.4 | 1,271.4 | 912.2 | 927.4 | 927.6 | 718.9 | 23.3 | 14.4 | 6.3 | 0 | 0 |
| Total Liabilities | 3,001.3 | 2,410.6 | 2,607.4 | 2,861.4 | 2,723.9 | 3,354.6 | 2,693.4 | 2,228.2 | 1,987.7 | 1,613.4 | 1,197.7 | 156.5 | 110.1 | 42.9 | 26.7 | 6.7 |
| Stockholders' Equity | ||||||||||||||||
| Common Stock | 0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0 | 0 |
| Retained Earnings | 0 | 746.3 | 1,048.4 | 897.3 | 721.9 | 673.9 | 1,227.0 | 1,139.1 | 1,184.4 | 1,259.4 | 1,076.5 | 156.0 | 117.8 | 4.3 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | (93.9) | (77.1) | (67.8) | (40.1) | (59.2) | (50.8) | (39.0) | (38.2) | (52.1) | (45.0) | 0.4 | 0.5 | 0 | 0 | 0 |
| Total Stockholders' Equity | 1,414.4 | 1,890.3 | 2,153.3 | 1,966.1 | 1,729.0 | 1,676.0 | 2,150.1 | 2,016.9 | 2,018.6 | 2,030.9 | 1,668.2 | 331.1 | 280.5 | 11.9 | 2.8 | 2.8 |
| Total Liabilities & Equity | 4,415.7 | 4,300.9 | 4,760.7 | 4,827.6 | 4,452.8 | 5,030.6 | 4,843.5 | 4,245.0 | 4,006.4 | 3,654.9 | 2,868.9 | 487.6 | 390.6 | 54.7 | 29.5 | 9.5 |
| Debt Metrics | ||||||||||||||||
| Total Debt | 1,939.6 | 1,299.5 | 1,442.8 | 1,521.2 | 1,476.1 | 2,005.5 | 1,299.2 | 728.8 | 917.0 | 817.4 | 669 | 45.6 | 14.3 | 22.0 | 0 | 0 |
| Net Debt | 1,630.5 | 798.1 | 584.1 | 810.3 | 467.0 | 488.2 | 511.1 | 171.4 | 604.6 | 566.9 | 539.1 | (56.5) | (26.3) | 21.4 | (0.8) | (0.3) |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Net Income | (495.6) | (201.3) | 232.0 | 386.8 | 360.1 | (549.2) | 92.1 | (46.3) | (48.3) | 258.7 | 232.6 | 16.3 | 5.7 |
| Depreciation & Amortization | 109.6 | 135.8 | 142.6 | 137.6 | 141.1 | 165.0 | 186.4 | 181.8 | 173.7 | 144.8 | 100.9 | 3.2 | 1.2 |
| Stock-Based Compensation | 0 | 53.0 | 43.0 | 36.8 | 43.8 | 42.1 | 49.6 | 41.8 | 39.9 | 46.1 | 60.4 | 0 | 0 |
| Change in Working Capital | (85.9) | (37.3) | (79.5) | (428.7) | 22.5 | 202.9 | 127.0 | 696.1 | (140.6) | (184.8) | (507.9) | (30.2) | (21.1) |
| Other Non-Cash Items | 153.5 | 52.2 | 39.5 | 10.0 | 99.9 | 308.1 | 15.7 | (206.6) | 153.4 | 81.5 | 74.3 | 5.2 | 6.4 |
| Operating Cash Flow | (75.1) | (59.3) | 354.0 | (9.9) | 664.8 | 212.9 | 509.0 | 628.2 | 234.1 | 304.5 | (44.1) | (8.9) | (9.7) |
| Investing Activities | |||||||||||||
| Capital Expenditure | (87.1) | (168.7) | (150.3) | (187.8) | (69.8) | (92.3) | (145.8) | (170.4) | (281.3) | (386.7) | (298.9) | (8.7) | (2.3) |
| Acquisitions | (0.5) | 42.3 | 45 | 35 | 0 | 158.6 | 0 | (39.2) | 0 | 0 | (539.5) | 0 | 0 |
| Purchases of Investments | (601.2) | 0 | 0 | 0 | 0 | 0 | 0 | (39.2) | 0 | (24.2) | (103.1) | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50.5 | 0 | 30.7 | 96.6 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 1.4 | 0 | (1.3) | (4.6) | (1.6) | (0.9) | (2.6) | 0.0 | 0 |
| Investing Cash Flow | (688.8) | (126.3) | (105.3) | (152.8) | (68.3) | 66.3 | (147.1) | (202.9) | (283.0) | (381.1) | (847.5) | (8.7) | (2.3) |
| Financing Activities | |||||||||||||
| Net Debt Issuance | 592.5 | (80.9) | 0 | 0 | (506.3) | 0 | – | – | – | – | – | – | – |
| Stock Repurchased | (25) | (90) | (75) | (125) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (2.9) | 0 | 0 | (3.6) |
| Other Financing Activities | (9.0) | (9.9) | (3.7) | (5.2) | 87.5 | 436.9 | 25.7 | 505.1 | 771.8 | 1,379.7 | 705.3 | 17.9 | 22.0 |
| Financing Cash Flow | 560.6 | (180.8) | (78.7) | (126.4) | (418.7) | 436.9 | (137.1) | (189.9) | 106.8 | 206.0 | 440.1 | 18.0 | 11.9 |
| Cash Position | |||||||||||||
| Net Change in Cash | (205.9) | (361.9) | 150.2 | (294.4) | 154.4 | 732.5 | 229.9 | 247.9 | 62.0 | 120.6 | (463.3) | 0.4 | (0.1) |
| Cash at Beginning | 515.1 | 876.9 | 726.7 | 1,022.1 | 1,528.5 | 796.0 | 566.1 | 318.1 | 250.5 | 129.9 | 593.2 | 0.7 | 0.8 |
| Cash at End | 309.2 | 515.1 | 876.9 | 727.7 | 1,682.9 | 1,528.5 | 796.0 | 566.1 | 312.5 | 250.5 | 129.9 | 1.1 | 0.7 |
| Free Cash Flow | (162.2) | (228.0) | 203.6 | (197.7) | 595.1 | 120.6 | 363.2 | 457.8 | (47.3) | (82.3) | (343.0) | (17.6) | (12.0) |
| Key Metrics | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||
| Revenue | 4,966.4 | 5,165.7 | 5,694.2 | 5,858.7 | 5,689.9 | 4,472.6 | 5,248.3 | 5,193.2 | 4,976.6 | 4,825.3 | 3,963.3 | 3,084.4 | 2,332.1 | 1,834.9 | 1,472.7 | 1,063.9 | 856.4 | 725.2 | 606.6 | 430.7 | 281.1 | 205.2 | 115.4 | 49.5 | 19.7 |
| Gross Profit | 2,258.9 | 2,473.5 | 2,625.5 | 2,595.4 | 2,877.7 | 2,141.5 | 2,440.9 | 2,335.7 | 2,230.1 | 2,227.3 | 1,888.1 | 1,503.3 | 1,135.1 | 877.1 | 709.9 | 528.5 | 411.1 | 353.3 | 303.5 | 215.0 | 135.8 | 95.4 | 50.7 | 23.2 | 10.4 |
| Operating Income | (35.4) | 171.1 | 232.7 | 219.1 | 547.5 | (13.5) | 213.3 | 159.4 | 151.5 | 434.2 | 411.3 | 354.4 | 267.6 | 208.7 | 161.4 | 112.4 | 85.3 | 76.9 | 86.3 | 57.3 | 35.9 | 25.4 | 10.0 | 4.3 | 3.3 |
| Net Income | (495.6) | (201.3) | 232.0 | 374.5 | 360.1 | (549.2) | 92.1 | (46.3) | (48.3) | 198.0 | 232.6 | 208.0 | 162.2 | 128.4 | 96.9 | 67.9 | 46.3 | 38.2 | 52.6 | 39.0 | 19.7 | 16.3 | 5.7 | 2.8 | 3.0 |
| EPS (Diluted) | -1.16 | -0.47 | 0.52 | 0.84 | 0.77 | -1.19 | 0.20 | -0.10 | -0.11 | 0.45 | 0.53 | 0.48 | 0.38 | 0.31 | 0.23 | 0.17 | 0.12 | 0.10 | 0.13 | 0.10 | 0.04 | 0.05 | 0.02 | 0.01 | 0.01 |
| Balance Sheet | |||||||||||||||||||||||||
| Cash & Equivalents | 309.2 | 501.4 | 858.7 | 710.9 | 1,009.1 | 1,517.4 | 788.1 | 557.4 | 312.5 | 250.5 | 129.9 | 102.0 | 40.6 | 0.7 | 0.8 | 0.3 | |||||||||
| Total Assets | 4,415.7 | 4,300.9 | 4,760.7 | 4,827.6 | 4,452.8 | 5,030.6 | 4,843.5 | 4,245.0 | 4,006.4 | 3,644.3 | 2,866.0 | 487.6 | 390.6 | 54.7 | 29.5 | 9.5 | |||||||||
| Total Debt | 1,939.6 | 1,299.5 | 1,442.8 | 1,521.2 | 1,476.1 | 2,005.5 | 1,299.2 | 728.8 | 917.0 | 817.4 | 669 | 45.6 | 14.3 | 22.0 | 0 | 0 | |||||||||
| Stockholders' Equity | 1,414.4 | 1,890.3 | 2,153.3 | 1,966.1 | 1,729.0 | 1,676.0 | 2,150.1 | 2,016.9 | 2,018.6 | 2,030.9 | 1,668.2 | 331.1 | 280.5 | 11.9 | 2.8 | 2.8 | |||||||||
| Cash Flow | |||||||||||||||||||||||||
| Operating Cash Flow | (75.1) | (59.3) | 354.0 | (9.9) | 664.8 | 212.9 | 509.0 | 628.2 | 234.1 | 304.5 | (44.1) | (8.9) | (9.7) | ||||||||||||
| Capital Expenditure | (87.1) | (168.7) | (150.3) | (187.8) | (69.8) | (92.3) | (145.8) | (170.4) | (281.3) | (386.7) | (298.9) | (8.7) | (2.3) | ||||||||||||
| Free Cash Flow | (162.2) | (228.0) | 203.6 | (197.7) | 595.1 | 120.6 | 363.2 | 457.8 | (47.3) | (82.3) | (343.0) | (17.6) | (12.0) | ||||||||||||