UMB Financial Corporation logo UMBF - UMB Financial Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 9
HOLD 8
SELL 0
STRONG
SELL
0
| PRICE TARGET: $150.67 DETAILS
HIGH: $170.00
LOW: $140.00
MEDIAN: $148.50
CONSENSUS: $150.67
UPSIDE: 14.83%
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 4,443.7 2,637.0 2,244.5 1,583.2 1,242.0 1,295.5 1,219.7 1,069.2 978.7 868.8 744.9 786.9 807.6 728.5 692.4 644.7 666.4 700.8 703.2 624.0 523.8 447.6 482.3 526.7 608.4 627.5 591.5 573.8 532.7 500.3 474.1 466.7 415.3
Cost of Revenue 2,026.1 1,231.2 959.8 261.6 66.0 207.8 224.8 192.3 99.0 60.2 34.1 30.8 32.6 37.1 48.9 67.4 85.3 130.8 191.1 160.6 89.4 45.7 54.7 93.2 159.9 205.6 192.0 197.9 183.7 175.2 162.9 138.7 123
Gross Profit 2,417.7 1,405.8 1,284.7 1,321.5 1,176.0 1,087.7 994.9 876.9 879.7 808.6 710.8 756.1 731.4 691.3 643.5 577.3 581.1 570.0 512.1 463.4 434.4 401.8 427.6 433.5 448.5 421.9 399.5 375.9 349.0 325.1 311.2 328 292.3
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 0 0 0 0 0 0 0 0
SG&A Expenses 1,144.2 622.4 579.2 550.1 523.0 536.0 517.9 472.3 468.0 444.0 419.7 413.6 391.9 374.9 347.5 317.9 276.5 271.6 245.8 208.8 203.5 205.2 210.4 218.3 213.5 204.9 183.4 181.4 159.3 146.7 135.7 135.7 119.9
Other Expenses 373.5 242.2 283.9 239.4 224.0 212.9 191.0 181.0 175.3 166.0 162.8 176.5 155.1 146.2 149.7 132.6 184.1 158.6 161.4 172.6 154.6 144.9 141.2 142.7 144.1 128.9 129.1 118.5 99.9 92.9 97.9 121.9 111.2
Operating Expenses 1,517.7 864.5 863.1 789.5 746.9 748.8 708.9 653.3 643.3 610.0 582.5 590.0 547.0 521.1 497.2 450.4 460.6 430.2 407.2 381.4 358.1 350.1 351.7 360.9 357.6 333.8 312.5 299.9 259.2 239.6 233.6 257.6 231.1
Operating Income
Operating Income 900.0 541.3 421.6 532.0 429.1 338.9 286.0 223.6 236.3 198.6 128.3 258.4 259.8 170.2 146.4 126.9 120.5 139.8 105.0 81.2 76.3 51.7 76.0 72.5 90.9 88.1 87.1 76 89.8 85.5 77.6 70.4 61.2
Interest Expense 1,492.1 1,170.1 918.6 223.7 46.0 77.3 192.0 121.5 58.0 27.7 18.6 13.8 15.1 19.6 26.7 35.9 53.2 112.9 181.7 151.9 83.6 40.4 42.7 76.5 145.1 196.4 183.3 187.1 171.8 164.6 157.8 136.1 119.7
Interest Income 4,063.9 2,171.0 1,838.7 1,137.5 861.5 808.5 862.9 732.0 616.9 523.0 430.7 363.9 348.3 339.7 343.7 346.5 356.2 388.0 414.4 369.1 271.9 219.5 236.8 294.5 384.8 430.8 407.4 409.6 393.3 372.1 357.1 323.3 283.2
Profitability
EBITDA 1,060.1 594.0 480.3 586.0 484.8 401.7 342.3 276.7 291.2 253.1 181.0 178.3 228.6 211.1 189.3 166.2 120.5 125.8 142.4 115.7 122.2 84.3 134.0 113.7 117.8 125.8 88.5 89.5 129 131.3 101 92.7 117.3
EBIT 900.0 541.3 421.6 532.0 429.1 338.9 286.0 223.6 236.3 198.6 128.3 164.8 184.4 170.2 146.4 126.9 120.5 139.8 105.0 82.0 76.3 51.7 76.0 72.5 90.9 88.1 87.1 76 89.8 85.5 77.6 70.4 61.2
Income Before Tax 875.0 541.3 421.6 532.0 429.1 338.9 286.0 223.6 236.3 198.6 128.3 166.1 183.4 170.2 146.4 126.9 120.5 139.8 105.0 82.0 76.3 51.7 76.0 72.5 90.9 88.1 87.1 76 89.8 85.5 77.6 70.4 61.2
Income Tax Expense 172.6 100.0 71.6 100.3 76.0 52.4 42.4 27.3 53.4 45.0 31.7 45.4 50.4 47.5 39.9 35.8 31.0 41.8 30.8 22.3 20.0 8.9 17.1 15.4 25.7 23.0 23.0 21.8 28.1 28 25.4 22.6 20.1
Net Income 702.4 441.2 350.0 431.7 353.0 286.5 243.6 195.5 247.1 158.8 116.1 120.7 134.0 122.7 106.5 91.0 89.5 98.1 74.2 59.8 56.3 42.8 58.9 57.2 65.2 65.1 64.1 54.2 61.7 57.5 52.2 47.8 41.1
Per Share Data
EPS (Basic) 9.20 9.05 7.22 8.93 7.31 5.95 4.99 3.96 5.02 3.25 2.46 2.69 3.25 3.07 2.66 2.27 2.22 2.41 1.78 1.40 1.31 0.99 0.68 1.30 1.48 1.39 0.67 0.45 0.52 0.45 0.35 0.89 0.27
EPS (Diluted) 9.13 8.99 7.18 8.86 7.24 5.93 4.96 3.93 4.96 3.22 2.44 2.65 3.20 3.04 2.64 2.26 2.20 2.38 1.77 1.40 1.30 0.99 0.68 1.29 1.48 1.39 0.67 0.45 0.51 0.45 0.35 0.89 0.27
Shares Outstanding 75.9 48.7 48.5 48.3 48.3 48.1 48.8 49.3 49.2 48.8 47.1 44.8 41.3 40.0 40.0 40.1 40.3 40.7 41.7 42.6 43.0 43.3 43.6 44.1 44.3 46.9 45.7 47.4 47.9 48.7 53.6 53.8 54.4
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 952.5 8,559.4 5,607.0 1,679.8 9,255.7 3,540.7 1,698.4 1,693.0 1,744.5 1,137.9 1,515.3 998.9 499.2 649.0 691.7 790.7 975.3 766.1 850.5 921.3 771.1 696.4 770.8 666.4
Short-Term Investments 0 7,774.3 7,068.6 7,006.3 11,976.5 9,299.7 7,447.4 6,542.8 6,258.6 6,466.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 0 425.4 519.7 492.8 411.2 328.5 126.5 115.4 122.8 138.6 64.9 0 0 0 0 0 71.6 74.4 70 72.6 72.7 79.1 81.2 72.6
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 952.5 16,759.2 13,195.3 9,178.9 21,643.4 13,168.9 9,272.3 8,351.2 8,125.9 7,742.9 1,580.2 998.9 499.2 649.4 691.7 790.7 1,047.0 840.5 920.5 993.9 843.8 775.5 852 739
Non-Current Assets
Property, Plant & Equipment 398.3 204.6 211.3 218.0 218.2 228.9 234.6 228.1 223.1 233.1 217.6 226.8 226.2 219.3 230.7 240.7 250.7 239.5 206.2 172.8 152.9 147.6 130.3 128.9
Goodwill 1,839.8 207.4 207.4 207.4 174.5 180.9 180.9 180.9 180.9 180.9 131.4 104.9 59.1 57.4 54.8 0 0 0 0 0 0 0 0 0
Intangible Assets 486.9 80.8 101.4 124.4 67.2 85.2 93.3 70.8 73.1 82.5 47.5 18.1 4.9 5.6 6.8 0 71.6 74.4 70 72.6 72.7 79.1 81.2 72.6
Long-Term Investments 0 31,011.3 28,751.7 26,705.2 18,466.6 16,980.6 14,527.0 13,316.8 12,484.3 11,654.1 9,233.6 9,243.7 6,590.5 6,400.7 6,758.8 7,300.0 6,187.4 6,707.7 6,281.1 5,637.3 5,230.8 2,731.6 2,621.9 2,403.1
Other Non-Current Assets 0 2,146.4 1,544.6 2,078.5 2,123.5 2,483.0 2,253.2 1,203.4 684.3 789.1 453.1 384.2 425.1 416.9 292.8 337.7 338.2 291.7 186.9 189.5 217 2,551.9 2,916.7 3,172.5
Total Non-Current Assets 2,725.0 33,650.5 30,816.4 29,333.5 21,050.0 19,958.6 17,289.1 15,000.0 13,645.7 12,939.7 10,083.1 9,977.7 7,305.8 7,100.0 7,343.9 7,940.3 6,819.9 7,289.7 6,727.6 6,060.1 5,668.2 5,505.8 5,747 5,789.8
Total Assets 73,094.1 50,409.7 44,011.7 38,512.5 42,693.5 33,127.5 26,561.4 23,351.1 21,771.6 20,682.5 11,663.4 10,976.6 7,805.0 7,749.4 8,035.6 8,730.9 7,866.9 8,130.1 7,648.1 7,054 6,512 6,281.3 6,599 6,528.8
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Short-Term Debt 3,324.9 2,609.7 3,119.6 2,222.2 3,238.4 2,315.5 1,896.5 1,518.9 1,260.7 1,856.9 1,957.1 2,143.2 1,545.4 1,244.5 1,304.5 1,461.7 981.9 1,417.4 922.3 716.7 615.3 721.8 801.9 626.6
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 61,601.4 43,142.0 35,792.9 32,639.1 35,599.9 27,051.3 21,603.2 19,281.3 18,023 16,570.6 8,534.5 7,725.3 5,383.7 5,636.1 5,846.9 6,375.5 5,935.2 5,923.9 5,896.8 5,547 5,190.5 4,813.7 5,132.8 5,161.8
Total Current Liabilities 64,926.3 46,120.2 39,302.4 35,100.9 39,087.9 29,686.4 23,732.0 20,977.9 19,475.2 18,600.5 10,599.5 9,949.9 6,929.1 6,880.7 7,151.4 7,837.2 6,917.1 7,341.3 6,819.1 6,263.7 5,805.8 5,535.5 5,934.7 5,788.4
Non-Current Liabilities
Long-Term Debt 474.2 385.3 383.2 381.3 271.5 269.6 70.4 82.7 79.3 76.8 25.5 35.9 21.1 16.3 26.3 27.4 27.0 37.9 39.2 44.6 51.4 40.7 46.3 51.5
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 437.6 1,225.6 363.1 188.7 154.5 152.6 62.1 35.6 42.9 22.8 15.9 35.6 40.6 55.0 97.8 219.8 95.9 127.0 121.5 72.3 82.6 60.7 102.3
Total Non-Current Liabilities 474.2 822.9 1,608.9 744.4 460.2 424.1 223.0 144.7 114.9 119.6 48.3 51.9 56.7 56.8 81.3 125.2 246.8 133.9 166.2 166.1 123.7 123.3 107 153.8
Total Liabilities 65,400.5 46,943.1 40,911.3 35,845.4 39,548.1 30,110.6 23,954.9 21,122.6 19,590.1 18,720.1 10,647.8 10,001.8 6,985.8 6,937.5 7,232.8 7,962.4 7,163.9 7,475.2 6,985.3 6,429.8 5,929.5 5,658.8 6,041.7 5,942.2
Stockholders' Equity
Common Stock 78.7 55.1 55.1 55.1 55.1 55.1 55.1 55.1 55.1 55.1 55.1 55.1 27.5 27.5 27.5 27.5 26.5 26.5 0 0 0 0 0 0
Retained Earnings 3,736.4 3,174.9 2,810.8 2,536.1 2,177.0 1,891.2 1,672.4 1,488.4 1,338.1 1,142.9 562.7 502.1 306.0 281.6 240.3 200.8 196.7 148.7 175 137.2 142.9 136.9 182.2 208.6
Accumulated Other Comprehensive Income (261.5) (573.0) (556.9) (702.7) 126.3 318.3 83.2 (95.8) (45.5) (57.5) 40.5 41.1 (10.6) 3.2 23.7 20.0 (3.2) (20.3) 13.7 3.9 (1.8) 3.6 (35.2) 14.3
Total Stockholders' Equity 7,693.6 3,466.5 3,100.4 2,667.1 3,145.4 3,016.9 2,606.4 2,228.5 2,181.5 1,962.4 1,015.6 974.8 819.2 811.9 802.8 768.6 702.9 655.0 662.8 624.2 582.5 622.5 557.3 586.6
Total Liabilities & Equity 73,094.1 50,409.7 44,011.7 38,512.5 42,693.5 33,127.5 26,561.4 23,351.1 21,771.6 20,682.5 11,663.4 10,976.6 7,805.0 7,749.4 8,035.6 8,730.9 7,866.9 8,130.1 7,648.1 7,054 6,512 6,281.3 6,599 6,528.8
Debt Metrics
Total Debt 3,799.2 2,995.0 3,502.9 2,603.5 3,510.0 2,585.1 1,966.9 1,601.6 1,340.0 1,933.7 1,982.6 2,179.1 1,566.5 1,260.8 1,330.8 1,489.1 1,009.0 1,455.3 961.5 761.3 666.7 762.5 848.2 678.1
Net Debt 2,846.6 (5,564.4) (2,104.1) 923.7 (5,745.7) (955.6) 268.4 (91.4) (404.5) 795.8 467.3 1,180.2 1,067.3 611.4 639.1 698.4 33.7 689.2 111 (160) (104.4) 66.1 77.4 11.7
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 702.4 441.2 350.0 431.7 353.0 286.5 243.6 195.5 247.1 158.8 56.3 42.8 58.9 57.2 65.2 65.1 64.1 54.2 61.7 57.5 52.2 47.8 41.1
Depreciation & Amortization 141.8 52.8 58.7 54.0 55.7 62.8 56.3 53.1 54.9 54.6 45.9 59.7 58.0 41.2 26.9 37.6 1.5 13.4 39.2 45.8 23.4 22.3 56.1
Stock-Based Compensation 37.7 22.6 18.7 21.5 21.2 15.1 14.8 11.1 13.3 11.7 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 80.2 (362.3) (15.8) 232 55.0 (51.4) (50.1) (44.0) (24.8) 9.2 2.5 (3.1) 17.9 (1.9) 7.7 18.0 (19.3) (6.6) 7.4 (4.2) 24 (7.2) (6)
Other Non-Cash Items (18.2) 87.1 81.4 36.7 61.8 65.4 75.4 100.2 (23.7) 59.4 (2.6) 3.0 29.0 13.4 (13.2) (13.3) (36.5) 14.7 33 7 (19.3) 64.3 (30.5)
Operating Cash Flow 1,026.7 225.3 472.6 769.6 534.1 373.6 339.9 295.7 326.5 296.4 105.3 108.9 158.3 107.5 84.8 106.7 15.4 76.8 142 102.1 76.3 127.6 60.5
Investing Activities
Capital Expenditure (48.6) (24.2) (26.9) (51.7) (33.7) (60.2) (72.3) (57.9) (36.4) (50.8) (45.4) (35.4) (20.1) (23.7) (32.0) (43.6) (52.2) (50.9) (37.4) (22) (27.9) (16.7) (12.8)
Acquisitions 169.3 (109.0) (0.8) 548.6 18.4 0.0 (18.5) (8.9) 164.6 0 0 (1.7) 0 0 (26.0) 0 (0.5) 0 0 0 0 0 0
Purchases of Investments (5,432.5) (8,355.1) (1,835.2) (2,262.6) (5,844.3) (4,592.9) (2,532.0) (1,517.4) (1,822.2) (3,046.7) (9,666.1) (10,102.7) (13,038.2) (16,566.5) (28,550.0) (7,565.5) (10,031.2) (10,094.4) (2,228.5) (2,047.4) (1,687.3) (1,125.1) (1,183.4)
Sales/Maturities of Investments 3,025.1 7,968.7 1,991.4 1,621.7 2,396.8 3,031.5 1,876.5 1,227.3 1,864.9 2,792.2 9,861.2 9,994.0 13,251.6 16,968.9 27,229.1 8,314.2 9,818.5 9,259.4 2,034.8 2,035.8 2,249.4 1,128.5 1,126.7
Other Investing Activities (3,333.4) (2,742.8) (1,401.7) (3,701.4) (772.7) (2,869.5) (2,238.9) (1,391.0) (649.4) (1,197.1) (630.1) (149.4) (85.6) 128.3 210.1 (133.3) (254.2) 216.2 (183.4) (180.4) (135.8) (115.4) (89.6)
Investing Cash Flow (5,620.1) (3,262.5) (1,273.3) (3,845.4) (4,235.5) (4,491.1) (2,985.2) (1,746.5) (478.6) (1,502.4) (480.4) (295.3) 107.7 507.0 (1,168.9) 571.8 (519.7) (669.6) (414.5) (214) 398.4 (128.7) (159.1)
Financing Activities
Net Debt Issuance (200) (1,800) 1,800 110 922.9 616.7 0 0 1.5 (15.2) (132.0) 305.7 (70.0) (158.3) 481.9 (446.3) 493.4 200.2 94.6 (6.3) (6) (5.8) 16.5
Stock Repurchased (132.6) (7.7) (8.4) (32.0) (5.5) (63.8) (4.5) (76.5) (15.3) (16.4) 0 0 (12.1) 0 0 0 0 0 0 0 0 0 0
Dividends Paid (135.6) (77.1) (74.2) (72.0) (66.8) (60.3) (59.4) (58.3) (51.9) (49.0) (19.0) (18.2) (17.6) (17.7) (17) (17.1) (16.0) (16.4) (15.6) (15.2) (15.1) (14.7) (13.1)
Other Financing Activities 3,969.4 7,842.5 3,053.7 (4,586.8) 8,567.7 5,448.0 2,704.2 1,543.5 870.0 1,531.5 640.2 (247.9) (211.3) (528.6) 440.3 11.3 (18.9) 349.8 356.5 270 (517.2) 138.9 153.1
Financing Cash Flow 3,916.7 5,957.6 4,771.1 (4,580.9) 9,418.4 5,945.9 2,640.3 1,408.7 804.3 1,450.9 477.3 36.2 (310.5) (713.4) 899.4 (469.3) 419.9 522 422.8 186.6 (549.1) 105.5 152.1
Cash Position
Net Change in Cash (676.7) 2,920.4 3,970.4 (7,656.7) 5,717.0 1,828.4 (5.0) (42.1) 652.3 244.9 102.2 (150.2) (44.6) (99.0) (184.7) 209.2 (84.4) (70.8) 150.2 (696.4) (770.8) (666.4) (612.8)
Cash at Beginning 8,448.7 5,528.3 1,557.9 9,214.6 3,497.6 1,669.2 1,674.1 1,716.3 1,064.0 819.1 497.4 647.6 691.7 790.7 975.3 766.1 850.5 921.3 771.1 696.4 770.8 666.4 612.8
Cash at End 7,772.0 8,448.7 5,528.3 1,557.9 9,214.6 3,497.6 1,669.2 1,674.1 1,716.3 1,064.0 599.6 497.4 647.1 691.7 790.7 975.3 766.1 850.5 921.3 883 221.7 771.9 764.9
Free Cash Flow 978.1 201.1 445.7 717.8 500.4 313.4 267.6 237.8 290.1 245.6 59.8 73.4 138.2 83.8 52.8 63.1 (36.8) 25.9 104.6 80.1 48.4 110.9 47.7
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 4,443.7 2,637.0 2,244.5 1,583.2 1,242.0 1,295.5 1,219.7 1,069.2 978.7 868.8 744.9 786.9 807.6 728.5 692.4 644.7 666.4 700.8 703.2 624.0 523.8 447.6 482.3 526.7 608.4 627.5 591.5 573.8 532.7 500.3 474.1 466.7 415.3
Gross Profit 2,417.7 1,405.8 1,284.7 1,321.5 1,176.0 1,087.7 994.9 876.9 879.7 808.6 710.8 756.1 731.4 691.3 643.5 577.3 581.1 570.0 512.1 463.4 434.4 401.8 427.6 433.5 448.5 421.9 399.5 375.9 349.0 325.1 311.2 328 292.3
Operating Income 900.0 541.3 421.6 532.0 429.1 338.9 286.0 223.6 236.3 198.6 128.3 258.4 259.8 170.2 146.4 126.9 120.5 139.8 105.0 81.2 76.3 51.7 76.0 72.5 90.9 88.1 87.1 76 89.8 85.5 77.6 70.4 61.2
Net Income 702.4 441.2 350.0 431.7 353.0 286.5 243.6 195.5 247.1 158.8 116.1 120.7 134.0 122.7 106.5 91.0 89.5 98.1 74.2 59.8 56.3 42.8 58.9 57.2 65.2 65.1 64.1 54.2 61.7 57.5 52.2 47.8 41.1
EPS (Diluted) 9.13 8.99 7.18 8.86 7.24 5.93 4.96 3.93 4.96 3.22 2.44 2.65 3.20 3.04 2.64 2.26 2.20 2.38 1.77 1.40 1.30 0.99 0.68 1.29 1.48 1.39 0.67 0.45 0.51 0.45 0.35 0.89 0.27
Balance Sheet
Cash & Equivalents 952.5 8,559.4 5,607.0 1,679.8 9,255.7 3,540.7 1,698.4 1,693.0 1,744.5 1,137.9 1,515.3 998.9 499.2 649.0 691.7 790.7 975.3 766.1 850.5 921.3 771.1 696.4 770.8 666.4
Total Assets 73,094.1 50,409.7 44,011.7 38,512.5 42,693.5 33,127.5 26,561.4 23,351.1 21,771.6 20,682.5 11,663.4 10,976.6 7,805.0 7,749.4 8,035.6 8,730.9 7,866.9 8,130.1 7,648.1 7,054 6,512 6,281.3 6,599 6,528.8
Total Debt 3,799.2 2,995.0 3,502.9 2,603.5 3,510.0 2,585.1 1,966.9 1,601.6 1,340.0 1,933.7 1,982.6 2,179.1 1,566.5 1,260.8 1,330.8 1,489.1 1,009.0 1,455.3 961.5 761.3 666.7 762.5 848.2 678.1
Stockholders' Equity 7,693.6 3,466.5 3,100.4 2,667.1 3,145.4 3,016.9 2,606.4 2,228.5 2,181.5 1,962.4 1,015.6 974.8 819.2 811.9 802.8 768.6 702.9 655.0 662.8 624.2 582.5 622.5 557.3 586.6
Cash Flow
Operating Cash Flow 1,026.7 225.3 472.6 769.6 534.1 373.6 339.9 295.7 326.5 296.4 105.3 108.9 158.3 107.5 84.8 106.7 15.4 76.8 142 102.1 76.3 127.6 60.5
Capital Expenditure (48.6) (24.2) (26.9) (51.7) (33.7) (60.2) (72.3) (57.9) (36.4) (50.8) (45.4) (35.4) (20.1) (23.7) (32.0) (43.6) (52.2) (50.9) (37.4) (22) (27.9) (16.7) (12.8)
Free Cash Flow 978.1 201.1 445.7 717.8 500.4 313.4 267.6 237.8 290.1 245.6 59.8 73.4 138.2 83.8 52.8 63.1 (36.8) 25.9 104.6 80.1 48.4 110.9 47.7