Vital Farms, Inc. logo VITL - Vital Farms, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 9
HOLD 7
SELL 0
STRONG
SELL
0
| PRICE TARGET: $21.33 DETAILS
HIGH: $52.00
LOW: $10.00
MEDIAN: $13.00
CONSENSUS: $21.33
UPSIDE: 110.56%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1
Revenue
Revenue 187.2 213.6 198.9 184.8 162.2 166.0 145.0 147.4 147.9 135.8 110.4 106.4 119.2 110.1 92.0 82.9 77.1 77.4 64.6 60.3 58.5 54.0 53.4 59.3 47.6 41.4 34.1 32.3 32.9
Cost of Revenue 134.1 137.1 124.0 113.0 99.7 106.1 91.5 89.7 89.0 90.6 73.8 68.6 76.5 76.8 62.5 57.9 55.4 57.6 44.8 38.4 37.2 36.4 35.0 36.6 31.7 31.6 23.5 21.3 21.4
Gross Profit 53.0 76.4 75.0 71.8 62.5 59.9 53.5 57.7 58.9 45.2 36.7 37.8 42.7 33.3 29.5 24.9 21.7 19.8 19.8 21.9 21.3 17.6 18.4 22.7 15.9 9.8 10.6 11 11.5
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
SG&A Expenses 55.3 55.0 53.6 48.0 40.7 46.9 44.2 40.5 34.7 36.1 31.4 29.8 31.8 29.9 27.5 24.2 25.8 24.0 21.6 18.9 18.2 19.8 15.9 13.6 13.0 15.8 9.4 7.1 7.2
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 0 0 0 0 0
Operating Expenses 55.3 55.0 53.6 48.0 40.7 46.9 44.2 40.5 34.7 36.1 31.4 29.8 31.8 29.9 27.5 24.2 25.8 24.0 21.6 18.9 18.2 19.8 15.9 13.6 13.0 15.8 9.4 7.1 7.2
Operating Income
Operating Income (2.3) 21.4 21.4 23.8 21.8 13.0 9.2 17.1 24.2 9.1 5.2 8.0 10.9 3.4 2.0 0.7 (4.1) (4.2) (1.8) 3.0 3.1 (2.1) 2.4 9.1 2.9 (6.0) 1.2 3.9 4.3
Interest Expense 0.2 1.5 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.2 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.1
Interest Income 0.8 1.2 1.3 1.3 1.2 1.4 1.4 1.3 1.1 1.0 0.7 0.5 0.3 0.3 0.3 0.2 0.1 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 6.4 32.8 25.4 26.5 27.5 20.7 9.5 22.6 28.9 12.2 5.8 10.7 12.3 6.0 4.1 2.6 (2.5) (3.2) (0.9) 4.0 4.0 (1.1) 3.0 9.4 3.4 (5.2) 1.6 4.3 5.9
EBIT (1.7) 24.0 22.2 24.7 22.6 14.6 10.6 18.4 25.0 9.8 5.3 8.0 9.8 3.8 2.2 0.9 (3.9) (4.2) (1.8) 3.2 3.2 (2.1) 2.4 8.9 2.9 (6.0) 1.2 4.0 5.5
Income Before Tax (1.9) 22.4 22.0 24.5 22.3 14.3 10.4 18.1 24.7 9.6 5.1 7.9 9.7 3.7 2.2 0.9 (3.9) (4.2) (1.8) 3.2 3.2 (2.2) 2.3 8.8 2.8 (6.1) 1.1 3.9 5.4
Income Tax Expense (0.3) 6.1 5.5 7.9 5.4 3.7 2.9 1.8 5.7 2.4 0.5 1.2 2.5 1.8 1.5 0.7 (2.4) (0.5) (0.5) (0.7) (0.3) (1.5) 0.6 2.8 0.8 (1.7) 0.3 1.1 1.4
Net Income (1.5) 16.3 16.4 16.6 16.9 10.6 7.4 16.3 19.0 7.2 4.5 6.7 7.2 1.9 0.7 0.2 (1.5) (3.6) (1.3) 3.9 3.5 (0.8) 1.7 6.0 1.9 (4.3) 0.8 2.8 3.1
Per Share Data
EPS (Basic) -0.03 0.37 0.37 0.37 0.38 0.24 0.17 0.38 0.46 0.17 0.11 0.16 0.18 0.05 0.02 0.00 -0.04 -0.09 -0.03 0.10 0.09 -0.02 0.05 0.15 0.06 -0.13 0.02 0.08 0.09
EPS (Diluted) -0.03 0.35 0.36 0.36 0.37 0.23 0.16 0.36 0.43 0.17 0.10 0.15 0.16 0.04 0.02 0.00 -0.04 -0.09 -0.03 0.09 0.08 -0.02 0.04 0.15 0.05 -0.12 0.02 0.08 0.08
Shares Outstanding 44.6 44.6 44.7 44.6 44.3 43.8 43.2 42.5 41.8 41.6 41.4 40.9 40.8 40.7 40.7 40.6 40.5 40.0 40.2 40.0 39.5 39.4 34.0 37.3 34.1 34.1 34.1 34.1 34.1
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q1
Current Assets
Cash & Cash Equivalents 36.6 48.8 93.8 108.2 156.3 150.6 149.5 133.2 113.8 84.1 56.8 47.7 25.8 12.9 18.8 22.1 24.8 31.0 27.8 37.3 35.1 29.5 112.6 17.1 1.7 1.3 (11.8)
Short-Term Investments 14.8 64.5 51.3 46.8 5.0 9.7 13.5 19.5 23.7 32.7 39.3 45.9 57.2 65.8 68.1 68.3 67.1 68.6 69.8 69.0 67.8 68.4 0 0 0 0 23.6
Net Receivables 51.4 67.8 60.2 68.4 51.9 54.3 48.7 45.5 43.6 39.7 37.4 30.0 40.2 38.9 33.1 31.1 25.8 26.9 23.6 19.5 20.3 22.5 17.9 16.0 20.4 17.7 0
Inventory 90.2 66.5 51.8 42.7 34.5 23.7 33.4 31.4 30.8 32.9 38.3 42.1 33.9 26.8 25.5 19.1 13.3 10.9 14.6 13.7 11.3 12.9 11.7 9.9 12.1 12.9 0
Other Current Assets 16.1 14.9 14.9 9.1 12.1 7.7 6.4 4.5 6.2 6.1 5.0 6.2 5.3 5.1 0 0 0 0.3 0 0 0 0 0 0 0 0 0
Total Current Assets 209.2 262.6 272.0 275.2 259.8 246.0 251.6 234.2 218.2 195.5 176.8 171.9 162.6 149.6 151.1 143.3 134.1 141.3 140.7 141.5 136.9 137.3 145.9 46.2 36.9 34.6 11.8
Non-Current Assets
Property, Plant & Equipment 268 241.0 196.2 142.4 106.0 104.1 86.6 80.8 77.1 75.8 69.4 60.5 60.3 61.0 50.5 50.5 50.2 44.6 42.2 36.3 32.9 30.1 27.7 26.8 25.6 22.5 0
Goodwill 15.5 15.2 3.9 3.9 3.9 3.9 3.9 5.5 4.9 3.9 3.9 3.9 3.9 4.0 3.9 3.9 3.9 3.9 3.9 3.9 3.9 3.9 3.9 3.9 3.9 3.9 0
Intangible Assets 0 0 0 0 0 0 2.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 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
Other Non-Current Assets 0 0 9.4 7.9 5.8 3.9 0.0 0 0 0.0 0 0 0 0 1.2 2.5 3.1 0.1 0.3 0.0 0.1 0.1 0.1 1.0 1.0 1.0 (11.8)
Total Non-Current Assets 283.5 256.2 209.5 155.5 117.1 113.3 93.1 86.3 82.0 79.7 73.3 64.4 64.2 65.1 55.5 56.8 57.2 48.7 46.3 40.2 36.9 34.1 31.7 31.7 30.5 27.3 (11.8)
Total Assets 492.6 518.7 481.5 430.8 376.9 359.3 344.7 320.5 300.2 275.2 250.0 236.3 226.8 214.7 206.6 200.2 191.3 189.9 186.9 181.7 173.8 171.4 177.6 77.9 67.4 61.9 0
Current Liabilities
Account Payables 54.6 55.1 35.4 66.4 38.8 38.6 35.9 33.4 33.1 33.5 22.0 21.8 26.6 26.0 25.6 25.3 20.6 22.5 17.4 15.9 14.2 15.5 16.1 15.1 14.4 13.5 0
Short-Term Debt 13.5 10.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.1 1.5 6.6 2.2 0
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 0 0 0
Other Current Liabilities 50.3 56.1 14.7 8.2 6.2 15.1 0 8.7 4.8 9.1 8.6 7.6 5.5 7.5 5.2 4.0 2.1 3.0 2.9 2.4 1.6 3.8 3.3 2.6 1.2 1.4 0
Total Current Liabilities 118.4 121.6 102.6 110.8 77.5 78.5 77.7 67.0 70.4 65.2 53.0 51.7 50.5 47.7 50.8 46.0 38.3 38.0 32.3 26.9 23.5 25.9 26.1 25.4 27.1 25.0 0
Non-Current Liabilities
Long-Term Debt 40.8 43.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6.5 8.3 3.6 2.9 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.8 1.3 2.7 2.5 2.1 2.3 1.2 0.8 0
Other Non-Current Liabilities 2.6 2.8 3.6 2.3 0.8 0.6 0.9 1.1 1.1 1.0 2.1 1.7 1.3 0.8 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.5 0.5 0.6 0.7 0
Total Non-Current Liabilities 43.3 45.9 47.7 10.1 10.5 11.5 13.6 15.1 16.5 17.3 14.2 8.6 8.7 8.7 1.2 1.6 1.9 0.2 1.0 1.6 3.1 3.1 9.5 11.7 6.0 5.1 0
Total Liabilities 161.7 167.5 150.3 121.0 88.0 90.0 91.3 82.1 86.9 82.5 67.2 60.3 59.2 56.3 52.0 47.6 40.3 38.2 33.4 28.5 26.6 29.0 35.6 37.0 33.2 30.1 0
Stockholders' Equity
Common Stock 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 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0
Retained Earnings 147.9 149.4 133.1 116.7 100.0 83.1 72.5 65.1 48.7 29.7 22.5 18.0 11.3 4.2 2.3 1.6 1.4 2.7 6.4 21.4 17.5 14.0 14.8 13.1 7.2 5.2 0
Accumulated Other Comprehensive Income 0.0 0.0 0.0 0.0 0.0 0.0 (0.1) (0.2) (0.3) (0.4) (0.7) (1.0) (1.1) (1.5) (1.8) (1.4) (1.1) (0.3) (0.1) (0.1) (0.1) (0.0) 0 0 0 0 5.1
Total Stockholders' Equity 330.9 351.3 331.2 309.8 288.9 269.3 253.4 238.4 213.3 192.7 182.9 176.0 167.5 158.3 154.6 152.4 150.9 151.5 153.3 152.9 146.9 142.0 141.8 17.7 34.0 8.6 27.5
Total Liabilities & Equity 492.6 518.7 481.5 430.8 376.9 359.3 344.7 320.5 300.2 275.2 250.0 236.3 226.8 214.7 206.6 200.2 191.3 189.9 186.9 181.7 173.8 171.4 177.6 77.9 67.4 61.9 27.5
Debt Metrics
Total Debt 54.2 53.5 56.3 17.6 19.2 18.7 21.2 21.7 23.5 22.6 15.9 9.2 10.0 10.7 2.5 2.9 3.4 0.3 0.4 0.6 0.7 0.8 8.5 10.8 11.4 6.3 0
Net Debt 17.6 4.7 (37.5) (90.6) (137.1) (131.9) (128.3) (111.5) (90.3) (61.6) (40.9) (38.5) (15.9) (2.2) (16.4) (19.2) (21.4) (30.6) (27.4) (36.8) (34.4) (28.7) (104.1) (6.3) 9.6 5.0 11.8
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1
Operating Activities
Net Income (1.5) 32.7 16.4 16.6 16.9 10.6 7.4 16.3 19.0 7.2 4.5 6.7 7.2 1.9 0.7 0.2 (1.5) (3.7) (1.3) 3.9 3.5 (0.6) 1.7 5.9 1.9 (4.3) 0.8 2.8 4.0
Depreciation & Amortization 4.0 8.8 3.2 1.8 4.9 3.3 (1.2) 4.2 4.0 3.7 3.3 2.6 2.5 2.3 1.9 1.8 1.4 1.0 0.9 0.8 0.8 1.0 0.6 0.5 0.5 0.8 0.4 0.4 0.4
Stock-Based Compensation 2.8 6.5 3.2 3.0 2.9 2.7 2.7 0 2.0 1.9 1.8 1.4 2.2 1.5 1.6 1.6 1.3 1.2 1.2 1.1 0.9 1.0 0.7 0.3 0.4 0.5 0.3 0.1 0.1
Change in Working Capital (28.8) (23.0) (4.4) (29.0) (19.9) (2.1) (5.5) (7.5) (1.1) 10.1 (1.5) 2.2 (8.3) (11.5) (6.6) (2.1) (4.0) 6.2 (3.3) 2.2 2.9 (5.0) (5.7) 9.1 (2.4) (3.2) (3.4) (4.3) (1.4)
Other Non-Cash Items 5.1 (20.0) 5.0 5.3 0.3 0.0 6.8 2.7 0.1 0.8 (0.1) 0.3 1.3 (0.0) 0.6 (0.2) 0.5 0.1 0.7 0.9 (0.1) (0.1) 0.1 (0.1) (0.0) 0.7 (0.0) (0.0) 0.0
Operating Cash Flow (18.6) 5.8 23.4 (0.8) 5.3 14.8 10.0 15.7 23.9 23.7 8.3 13.5 5.4 (4.7) (0.4) 1.9 (4.9) 4.1 (2.4) 7.6 8.0 (3.3) (2.7) 16.9 0.8 (5.5) (1.9) (1.1) 3.1
Investing Activities
Capital Expenditure (20.8) (37.9) (34.0) (6.9) (3.1) (18.2) (3.6) (5.6) (1.3) (2.4) (4.8) (2.5) (1.8) (3.7) (2.5) (2.7) (1.7) (2.5) (6.4) (4.4) (3.5) (3.6) (1.3) (1.1) (4.3) (1.7) (1.6) (0.8) (0.7)
Acquisitions 0 0 0.4 0.6 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
Purchases of Investments 0 (50.1) (25.9) (45.1) 0 (1.0) 0 0 (0.7) (0.7) (1.6) (0.4) (0.2) (0.6) (3.2) (16.0) (14.0) (8.7) (15.6) (13.1) (14.4) 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 50.2 32.9 21.1 3.9 4.7 3.8 6.2 4.3 9.0 7.1 7.8 11.4 8.9 3.2 2.8 14.1 14.3 9.6 14.5 11.2 15.0 0 0 0 0 0 0 0 0
Other Investing Activities (0.1) 39.2 0 0 0 0 0 0.0 0 0 0.0 0 1.6 0.0 (0.1) 0 0.1 0 0 0 0 (68.4) 0.8 0 0 3.2 0 0 (4)
Investing Cash Flow 29.3 (49.9) (38.4) (47.5) 1.6 (15.4) 2.6 (1.3) 7.0 4.0 1.3 8.5 8.5 (1.1) (3.0) (4.6) (1.4) (1.6) (7.5) (6.2) (2.9) (72.0) (0.5) (1.1) (4.3) 1.5 (1.6) (0.8) (4.7)
Financing Activities
Net Debt Issuance (1.4) (1.3) (1.2) (1.0) (1.0) (0.9) (0.9) (0.9) (0.8) (0.8) (0.7) (0.4) (0.4) (0.2) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (7.7) (0.9) (0.8) 3.9 1.6 (0.3) (0.3) (0.3)
Stock Repurchased (20) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.9) 0 (14.3) 0
Dividends Paid 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
Other Financing Activities (1.5) (0.1) (0.1) (0.1) (2.9) (0.0) (0.1) (0.0) (1.3) (0.1) (0.0) (0.0) (0.6) 0 0 (0.0) (0.0) (0.0) (0.1) (0.0) (0.0) (0.1) (0.1) (0.0) (0.0) (28.3) 28.1 (0.1) (0.1)
Financing Cash Flow (22.9) (0.8) 0.6 0.2 (1.2) 1.7 3.8 4.9 (1.3) (0.4) (0.5) (0.2) (1.0) (0.1) 0.1 (0.0) 0.1 0.6 0.4 0.8 0.4 (7.8) 98.7 (0.4) 3.9 1.6 (0.4) (7.5) 6.7
Cash Position
Net Change in Cash (12.2) (45.0) (14.4) (48.1) 5.7 1.1 16.4 19.4 29.7 27.3 9.1 21.8 12.9 (5.9) (3.2) (2.7) (6.2) 3.1 (9.5) 2.2 5.6 (83.1) 95.5 15.4 0.4 1.3 0 0 0
Cash at Beginning 48.8 93.8 108.2 156.3 150.6 149.5 133.2 113.8 84.1 56.8 47.7 25.8 12.9 18.8 22.1 24.8 31.0 27.8 37.3 35.1 29.5 112.6 17.1 1.7 1.3 3.7 7.6 17.0 11.8
Cash at End 36.6 48.8 93.8 108.2 156.3 150.6 149.5 133.2 113.8 84.1 56.8 47.7 25.8 12.9 18.8 22.1 24.8 31.0 27.8 37.3 35.1 29.5 112.6 17.1 1.7 1.3 3.7 7.6 17.0
Free Cash Flow (39.3) (32.1) (10.6) (7.6) 2.1 (3.4) 6.4 10.1 22.6 21.3 3.4 11.0 3.6 (8.4) (2.8) (0.8) (6.6) 1.5 (8.7) 3.3 4.6 (6.9) (4.0) 15.8 (3.4) (7.2) (3.6) (1.8) 2.4
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1
Income Statement
Revenue 187.2 213.6 198.9 184.8 162.2 166.0 145.0 147.4 147.9 135.8 110.4 106.4 119.2 110.1 92.0 82.9 77.1 77.4 64.6 60.3 58.5 54.0 53.4 59.3 47.6 41.4 34.1 32.3 32.9
Gross Profit 53.0 76.4 75.0 71.8 62.5 59.9 53.5 57.7 58.9 45.2 36.7 37.8 42.7 33.3 29.5 24.9 21.7 19.8 19.8 21.9 21.3 17.6 18.4 22.7 15.9 9.8 10.6 11 11.5
Operating Income (2.3) 21.4 21.4 23.8 21.8 13.0 9.2 17.1 24.2 9.1 5.2 8.0 10.9 3.4 2.0 0.7 (4.1) (4.2) (1.8) 3.0 3.1 (2.1) 2.4 9.1 2.9 (6.0) 1.2 3.9 4.3
Net Income (1.5) 16.3 16.4 16.6 16.9 10.6 7.4 16.3 19.0 7.2 4.5 6.7 7.2 1.9 0.7 0.2 (1.5) (3.6) (1.3) 3.9 3.5 (0.8) 1.7 6.0 1.9 (4.3) 0.8 2.8 3.1
EPS (Diluted) -0.03 0.35 0.36 0.36 0.37 0.23 0.16 0.36 0.43 0.17 0.10 0.15 0.16 0.04 0.02 0.00 -0.04 -0.09 -0.03 0.09 0.08 -0.02 0.04 0.15 0.05 -0.12 0.02 0.08 0.08
Balance Sheet
Cash & Equivalents 36.6 48.8 93.8 108.2 156.3 150.6 149.5 133.2 113.8 84.1 56.8 47.7 25.8 12.9 18.8 22.1 24.8 31.0 27.8 37.3 35.1 29.5 112.6 17.1 1.7 1.3 (11.8)
Total Assets 492.6 518.7 481.5 430.8 376.9 359.3 344.7 320.5 300.2 275.2 250.0 236.3 226.8 214.7 206.6 200.2 191.3 189.9 186.9 181.7 173.8 171.4 177.6 77.9 67.4 61.9 0
Total Debt 54.2 53.5 56.3 17.6 19.2 18.7 21.2 21.7 23.5 22.6 15.9 9.2 10.0 10.7 2.5 2.9 3.4 0.3 0.4 0.6 0.7 0.8 8.5 10.8 11.4 6.3 0
Stockholders' Equity 330.9 351.3 331.2 309.8 288.9 269.3 253.4 238.4 213.3 192.7 182.9 176.0 167.5 158.3 154.6 152.4 150.9 151.5 153.3 152.9 146.9 142.0 141.8 17.7 34.0 8.6 27.5
Cash Flow
Operating Cash Flow (18.6) 5.8 23.4 (0.8) 5.3 14.8 10.0 15.7 23.9 23.7 8.3 13.5 5.4 (4.7) (0.4) 1.9 (4.9) 4.1 (2.4) 7.6 8.0 (3.3) (2.7) 16.9 0.8 (5.5) (1.9) (1.1) 3.1
Capital Expenditure (20.8) (37.9) (34.0) (6.9) (3.1) (18.2) (3.6) (5.6) (1.3) (2.4) (4.8) (2.5) (1.8) (3.7) (2.5) (2.7) (1.7) (2.5) (6.4) (4.4) (3.5) (3.6) (1.3) (1.1) (4.3) (1.7) (1.6) (0.8) (0.7)
Free Cash Flow (39.3) (32.1) (10.6) (7.6) 2.1 (3.4) 6.4 10.1 22.6 21.3 3.4 11.0 3.6 (8.4) (2.8) (0.8) (6.6) 1.5 (8.7) 3.3 4.6 (6.9) (4.0) 15.8 (3.4) (7.2) (3.6) (1.8) 2.4