Stock Value LensCharts for long-term investors100% free

Loading stock chart…

Annual data and sources

Cushman & Wakefield Ltd. (CWK) · NYSE · USD · Sector unavailable · CIK 0001628369

Annual coverage: 2016-12-31–2025-12-31 (10 periods). Financial snapshot built 2026-10-09.

CWK annual financial history

All stored annual observations, independent of the chart window. Per-share amounts in USD. Unavailable values are not zero.

See the calculation and limitations.

Annual EPS, cash flow, dividends, and fiscal-year dividend yield for Cushman & Wakefield Ltd.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
0.380.381.25UnavailableUnavailableBasic EPS (2026-02-19)
Diluted EPS (2026-02-19)
Operating cash flow (2026-02-19) · Capex (2026-02-19)
2024
2024-12-31
0.570.560.72UnavailableUnavailableBasic EPS (2026-02-19)
Diluted EPS (2026-02-19)
Operating cash flow (2026-02-19) · Capex (2026-02-19)
2023
2023-12-31
-0.16-0.160.45UnavailableUnavailableBasic EPS (2026-02-19)
Diluted EPS (2026-02-19)
Operating cash flow (2026-02-19) · Capex (2026-02-19)
2022
2022-12-31
0.870.86-0.01UnavailableUnavailableBasic EPS (2025-02-21)
Diluted EPS (2025-02-21)
Operating cash flow (2025-02-21) · Capex (2025-02-21)
2021
2021-12-31
1.121.102.19UnavailableUnavailableBasic EPS (2024-02-21)
Diluted EPS (2024-02-21)
Operating cash flow (2024-02-21) · Capex (2024-02-21)
2020
2020-12-31
-1.00-1.00-0.36UnavailableUnavailableBasic EPS (2023-02-24)
Diluted EPS (2023-02-24)
Operating cash flow (2023-02-24) · Capex (2023-02-24)
2019
2019-12-31
0.000.000.84UnavailableUnavailableBasic EPS (2022-02-25)
Diluted EPS (2022-02-25)
Operating cash flow (2022-02-25) · Capex (2022-02-25)
2018
2018-12-31
-1.09-1.09-0.50UnavailableUnavailableBasic EPS (2021-02-26)
Diluted EPS (2021-02-26)
Operating cash flow (2021-02-26) · Capex (2021-02-26)
2017
2017-12-31
-1.54-1.54-0.87UnavailableUnavailableBasic EPS (2020-02-28)
Diluted EPS (2020-02-28)
Operating cash flow (2020-02-28) · Capex (2020-02-28)
2016
2016-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableSource unavailable

Annual per-share context (USD/share)

Complete annual history, independent of chart loading and range. Revenue/share is annual revenue per average diluted share. Debt/share is borrowings per year-end common share, excluding leases. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue / shareTotal debt / shareInputs & filing sources
2025-12-3143.8411.87
Inputs & filings

revenue: 10288200000; averageDilutedShares: 234700000; totalDebt: 2749800000; periodEndShares: 231699585

revenue (2026-02-19)
averageDilutedShares (2026-02-19)
totalDebt component 1 (2026-02-19) · totalDebt component 2 (2026-02-19)
periodEndShares (2026-02-19)
2024-12-3140.5813.25
Inputs & filings

revenue: 9446500000; averageDilutedShares: 232800000; totalDebt: 3042800000; periodEndShares: 229696912

revenue (2026-02-19)
averageDilutedShares (2026-02-19)
totalDebt component 1 (2026-02-19) · totalDebt component 2 (2026-02-19)
periodEndShares (2026-02-19)
2023-12-3141.8414.28
Inputs & filings

revenue: 9493700000; averageDilutedShares: 226900000; totalDebt: 3246600000; periodEndShares: 227282173

revenue (2026-02-19)
averageDilutedShares (2026-02-19)
totalDebt component 1 (2025-02-21) · totalDebt component 2 (2025-02-21)
periodEndShares (2025-02-21)
2022-12-3144.3214.45
Inputs & filings

revenue: 10105700000; averageDilutedShares: 228000000; totalDebt: 3261500000; periodEndShares: 225780535

revenue (2025-02-21)
averageDilutedShares (2025-02-21)
totalDebt component 1 (2024-02-21) · totalDebt component 2 (2024-02-21)
periodEndShares (2024-02-21)
2021-12-3141.4514.59
Inputs & filings

revenue: 9388700000; averageDilutedShares: 226500000; totalDebt: 3262900000; periodEndShares: 223709308

revenue (2024-02-21)
averageDilutedShares (2024-02-21)
totalDebt component 1 (2023-02-24) · totalDebt component 2 (2023-02-24)
periodEndShares (2023-02-24)
2020-12-3135.5214.76
Inputs & filings

revenue: 7843700000; averageDilutedShares: 220800000; totalDebt: 3275400000; periodEndShares: 221960472

revenue (2023-02-24)
averageDilutedShares (2023-02-24)
totalDebt component 1 (2022-02-25) · totalDebt component 2 (2022-02-25)
periodEndShares (2022-02-25)
2019-12-3138.9812.12
Inputs & filings

revenue: 8751000000; averageDilutedShares: 224500000; totalDebt: 2659600000; periodEndShares: 219500000

revenue (2022-02-25)
averageDilutedShares (2022-02-25)
totalDebt component 1 (2021-02-26) · totalDebt component 2 (2021-02-26)
periodEndShares (2021-02-26)
2018-12-3148.0112.39
Inputs & filings

revenue: 8219900000; averageDilutedShares: 171200000; totalDebt: 2684100000; periodEndShares: 216600000

revenue (2019-02-28)
averageDilutedShares (2021-02-26)
totalDebt component 1 (2020-02-28) · totalDebt component 2 (2020-02-28)
periodEndShares (2020-02-28)
2017-12-3148.12Unavailable
Inputs & filings

revenue: 6923900000; averageDilutedShares: 143900000; totalDebt: 2843500000; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2020-02-28)
averageDilutedShares (2020-02-28)
totalDebt component 1 (2019-02-28) · totalDebt component 2 (2019-02-28)
2016-12-31UnavailableUnavailable
Inputs & filings

revenue: 6215700000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2019-02-28)

Annual returns and cash generation (%)

Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.

Fiscal endFCF margin (%)FCF / net income (%)ROCE (%)Inputs & filing sources
2025-12-312.85Unavailable8.78
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":293000000,"capex":{"accession":"0001628369-26-000008","end":"2025-12-31","filed":"2026-02-19","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628369-26-000008","end":"2025-12-31","filed":"2026-02-19","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":10288200000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"netIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"operatingIncome":{"value":452500000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"openingAssets":{"value":7549200000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"openingCurrentLiabilities":{"value":2329900000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"openingCapitalEmployed":{"value":5219300000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1754900000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"openingTotalEquity":{"value":1755400000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"openingCash":{"value":793300000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"openingBorrowings":{"value":3042800000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K","reportedValue":103200000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K","reportedValue":2939600000}],"leasePolicy":"excludes_all_leases"},"openingInvestedCapital":{"value":4004900000,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"]},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":7676600000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"closingCurrentLiabilities":{"value":2591800000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"closingCapitalEmployed":{"value":5084800000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1955300000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"closingTotalEquity":{"value":1955800000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"closingCash":{"value":784200000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"closingBorrowings":{"value":2749800000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K","reportedValue":124900000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K","reportedValue":2624900000}],"leasePolicy":"excludes_all_leases"},"closingInvestedCapital":{"value":3921400000,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"]},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":88200000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":26000000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"pretaxIncome":{"value":114200000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":3963150000,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":5152050000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 2.847922863085865; cashConversion: Consolidated income including noncontrolling interests is not confirmed; roce: 8.782911656525073

fcfMargin component 1 (2026-02-19) · fcfMargin component 2 (2026-02-19) · fcfMargin component 3 (2026-02-19)
cashConversion component 1 (2026-02-19) · cashConversion component 2 (2026-02-19)
roce component 1 (2026-02-19) · roce component 2 (2026-02-19) · roce component 3 (2026-02-19) · roce component 4 (2026-02-19) · roce component 5 (2026-02-19)
2024-12-311.77Unavailable6.40
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":167000000,"capex":{"accession":"0001628369-26-000008","end":"2024-12-31","filed":"2026-02-19","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628369-26-000008","end":"2024-12-31","filed":"2026-02-19","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":9446500000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"netIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"operatingIncome":{"value":338900000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"openingAssets":{"value":7774000000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"openingCurrentLiabilities":{"value":2397200000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"openingCapitalEmployed":{"value":5376800000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1677400000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"openingTotalEquity":{"value":1678000000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"openingCash":{"value":767700000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"openingBorrowings":{"value":3246600000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K","reportedValue":149700000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K","reportedValue":3096900000}],"leasePolicy":"excludes_all_leases"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":7549200000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"closingCurrentLiabilities":{"value":2329900000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"closingCapitalEmployed":{"value":5219300000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1754900000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"closingTotalEquity":{"value":1755400000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"closingCash":{"value":793300000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"closingBorrowings":{"value":3042800000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K","reportedValue":103200000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K","reportedValue":2939600000}],"leasePolicy":"excludes_all_leases"},"closingInvestedCapital":{"value":4004900000,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"]},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":131300000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":44500000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"pretaxIncome":{"value":175800000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":5298050000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 1.7678505266500821; cashConversion: Consolidated income including noncontrolling interests is not confirmed; roce: 6.396693122941459

fcfMargin component 1 (2026-02-19) · fcfMargin component 2 (2026-02-19) · fcfMargin component 3 (2026-02-19)
cashConversion component 1 (2026-02-19) · cashConversion component 2 (2026-02-19)
roce component 1 (2026-02-19) · roce component 2 (2025-02-21) · roce component 3 (2025-02-21) · roce component 4 (2026-02-19) · roce component 5 (2026-02-19)
2023-12-311.07Unavailable3.76
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":101200000,"capex":{"accession":"0001628369-26-000008","end":"2023-12-31","filed":"2026-02-19","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628369-26-000008","end":"2023-12-31","filed":"2026-02-19","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":9493700000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"netIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"operatingIncome":{"value":205600000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"openingAssets":{"value":7949300000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"openingCurrentLiabilities":{"value":2390400000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"openingCapitalEmployed":{"value":5558900000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1661300000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"openingTotalEquity":{"value":1662100000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"openingCash":{"value":644500000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"openingBorrowings":{"value":3261500000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K","reportedValue":49800000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K","reportedValue":3211700000}],"leasePolicy":"excludes_all_leases"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":7774000000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"closingCurrentLiabilities":{"value":2397200000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"closingCapitalEmployed":{"value":5376800000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1677400000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"closingTotalEquity":{"value":1678000000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"closingCash":{"value":767700000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"closingBorrowings":{"value":3246600000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K","reportedValue":149700000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K","reportedValue":3096900000}],"leasePolicy":"excludes_all_leases"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-35400000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":5400000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"pretaxIncome":{"value":-30000000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":5467850000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 1.0659700643584693; cashConversion: Consolidated income including noncontrolling interests is not confirmed; roce: 3.76016167232093

fcfMargin component 1 (2026-02-19) · fcfMargin component 2 (2026-02-19) · fcfMargin component 3 (2026-02-19)
cashConversion component 1 (2026-02-19) · cashConversion component 2 (2026-02-19)
roce component 1 (2026-02-19) · roce component 2 (2024-02-21) · roce component 3 (2024-02-21) · roce component 4 (2025-02-21) · roce component 5 (2025-02-21)
2022-12-31-0.02Unavailable9.72
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-1600000,"capex":{"accession":"0001628369-25-000005","end":"2022-12-31","filed":"2025-02-21","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628369-25-000005","end":"2022-12-31","filed":"2025-02-21","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":10105700000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"netIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"operatingIncome":{"value":535100000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"openingAssets":{"value":7890400000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"openingCurrentLiabilities":{"value":2434500000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"openingCapitalEmployed":{"value":5455900000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1447800000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"openingTotalEquity":{"value":1448600000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"openingCash":{"value":770700000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"openingBorrowings":{"value":3262900000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K","reportedValue":42400000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K","reportedValue":3220500000}],"leasePolicy":"excludes_all_leases"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":7949300000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"closingCurrentLiabilities":{"value":2390400000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"closingCapitalEmployed":{"value":5558900000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1661300000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"closingTotalEquity":{"value":1662100000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-19","accession":"0001628369-26-000008","form":"10-K"},"closingCash":{"value":644500000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"closingBorrowings":{"value":3261500000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K","reportedValue":49800000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K","reportedValue":3211700000}],"leasePolicy":"excludes_all_leases"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":196400000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":141600000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"pretaxIncome":{"value":338000000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":5507400000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -0.01583264890111521; cashConversion: Consolidated income including noncontrolling interests is not confirmed; roce: 9.716018447906453

fcfMargin component 1 (2025-02-21) · fcfMargin component 2 (2025-02-21) · fcfMargin component 3 (2025-02-21)
cashConversion component 1 (2025-02-21) · cashConversion component 2 (2025-02-21)
roce component 1 (2025-02-21) · roce component 2 (2023-02-24) · roce component 3 (2023-02-24) · roce component 4 (2024-02-21) · roce component 5 (2024-02-21)
2021-12-315.28Unavailable9.27
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":495700000,"capex":{"accession":"0001628369-24-000005","end":"2021-12-31","filed":"2024-02-21","form":"10-K","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628369-24-000005","end":"2021-12-31","filed":"2024-02-21","form":"10-K","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":9388700000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"netIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"operatingIncome":{"value":497000000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"openingAssets":{"value":7337900000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"openingCurrentLiabilities":{"value":2065500000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"openingCapitalEmployed":{"value":5272400000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1094700000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"openingTotalEquity":{"value":1095600000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"openingCash":{"value":1074800000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"openingBorrowings":{"value":3275400000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K","reportedValue":39700000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K","reportedValue":3235700000}],"leasePolicy":"excludes_all_leases"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":7890400000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"closingCurrentLiabilities":{"value":2434500000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"closingCapitalEmployed":{"value":5455900000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1447800000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"closingTotalEquity":{"value":1448600000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-21","accession":"0001628369-25-000005","form":"10-K"},"closingCash":{"value":770700000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"closingBorrowings":{"value":3262900000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K","reportedValue":42400000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K","reportedValue":3220500000}],"leasePolicy":"excludes_all_leases"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":250000000,"tag":"NetIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":89900000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"pretaxIncome":{"value":339900000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":5364150000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 5.279751190260632; cashConversion: Consolidated income including noncontrolling interests is not confirmed; roce: 9.26521443285516

fcfMargin component 1 (2024-02-21) · fcfMargin component 2 (2024-02-21) · fcfMargin component 3 (2024-02-21)
cashConversion component 1 (2024-02-21) · cashConversion component 2 (2024-02-21)
roce component 1 (2024-02-21) · roce component 2 (2022-02-25) · roce component 3 (2022-02-25) · roce component 4 (2023-02-24) · roce component 5 (2023-02-24)
2020-12-31-1.01Unavailable-1.05
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-79200000,"capex":{"accession":"0001628369-23-000005","end":"2020-12-31","filed":"2023-02-24","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628369-23-000005","end":"2020-12-31","filed":"2023-02-24","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":7843700000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"netIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"operatingIncome":{"value":-53100000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"openingAssets":{"value":7163400000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"openingCurrentLiabilities":{"value":2322600000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"openingCapitalEmployed":{"value":4840800000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1301300000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"openingTotalEquity":{"value":1301300000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"openingCash":{"value":813200000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"openingBorrowings":{"value":2659600000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K","reportedValue":39300000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K","reportedValue":2620300000}],"leasePolicy":"excludes_all_leases"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":7337900000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"closingCurrentLiabilities":{"value":2065500000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"closingCapitalEmployed":{"value":5272400000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1094700000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"closingTotalEquity":{"value":1095600000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-21","accession":"0001628369-24-000005","form":"10-K"},"closingCash":{"value":1074800000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"closingBorrowings":{"value":3275400000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K","reportedValue":39700000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K","reportedValue":3235700000}],"leasePolicy":"excludes_all_leases"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-220500000,"tag":"NetIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":43900000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"pretaxIncome":{"value":-176600000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":5056600000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -1.0097275520481406; cashConversion: Consolidated income including noncontrolling interests is not confirmed; roce: -1.0501127239647194

fcfMargin component 1 (2023-02-24) · fcfMargin component 2 (2023-02-24) · fcfMargin component 3 (2023-02-24)
cashConversion component 1 (2023-02-24) · cashConversion component 2 (2023-02-24)
roce component 1 (2023-02-24) · roce component 2 (2021-02-26) · roce component 3 (2021-02-26) · roce component 4 (2022-02-25) · roce component 5 (2022-02-25)
2019-12-312.16Unavailable4.01
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":189000000,"capex":{"accession":"0001628369-22-000011","end":"2019-12-31","filed":"2022-02-25","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628369-22-000011","end":"2019-12-31","filed":"2022-02-25","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":8751000000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"netIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"operatingIncome":{"value":187300000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"openingAssets":{"value":6546000000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"openingCurrentLiabilities":{"value":2038700000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"openingCapitalEmployed":{"value":4507300000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1360100000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"openingTotalEquity":{"value":1360100000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"openingCash":{"value":895300000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"openingBorrowings":{"value":2684100000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K","reportedValue":39900000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K","reportedValue":2644200000}],"leasePolicy":"excludes_all_leases"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2018-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":7163400000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"closingCurrentLiabilities":{"value":2322600000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"closingCapitalEmployed":{"value":4840800000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1301300000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"closingTotalEquity":{"value":1301300000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-24","accession":"0001628369-23-000005","form":"10-K"},"closingCash":{"value":813200000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"closingBorrowings":{"value":2659600000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K","reportedValue":39300000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K","reportedValue":2620300000}],"leasePolicy":"excludes_all_leases"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":200000,"tag":"NetIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":42600000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"pretaxIncome":{"value":42800000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":4674050000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 2.159753171066164; cashConversion: Consolidated income including noncontrolling interests is not confirmed; roce: 4.00723141600967

fcfMargin component 1 (2022-02-25) · fcfMargin component 2 (2022-02-25) · fcfMargin component 3 (2022-02-25)
cashConversion component 1 (2022-02-25) · cashConversion component 2 (2022-02-25)
roce component 1 (2022-02-25) · roce component 2 (2020-02-28) · roce component 3 (2020-02-28) · roce component 4 (2021-02-26) · roce component 5 (2021-02-26)
2018-12-31-1.05Unavailable0.30
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-86400000,"capex":{"accession":"0001628369-21-000016","end":"2018-12-31","filed":"2021-02-26","form":"10-K","start":"2018-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628369-21-000016","end":"2018-12-31","filed":"2021-02-26","form":"10-K","start":"2018-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":8219900000,"tag":"RevenueFromContractWithCustomerIncludingAssessedTax","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"netIncome":{"value":-185800000,"tag":"ProfitLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"operatingIncome":{"value":12600000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"openingAssets":{"value":5793400000,"tag":"Assets","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"openingCurrentLiabilities":{"value":1965600000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"openingCapitalEmployed":{"value":3827800000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":499400000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"openingTotalEquity":{"value":499400000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"openingCash":{"value":405600000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"openingBorrowings":{"value":2843500000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K","reportedValue":59500000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K","reportedValue":2784000000}],"leasePolicy":"excludes_all_leases"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2017-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":6546000000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"closingCurrentLiabilities":{"value":2038700000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"closingCapitalEmployed":{"value":4507300000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1360100000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"closingTotalEquity":{"value":1360100000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-25","accession":"0001628369-22-000011","form":"10-K"},"closingCash":{"value":895300000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"closingBorrowings":{"value":2684100000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K","reportedValue":39900000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K","reportedValue":2644200000}],"leasePolicy":"excludes_all_leases"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2018-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-185800000,"tag":"NetIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-25000000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"pretaxIncome":{"value":-210800000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":4167550000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"fcfMargin":{"fcfTotal":{"value":-86400000,"capex":{"accession":"0001628369-21-000016","end":"2018-12-31","filed":"2021-02-26","form":"10-K","start":"2018-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628369-21-000016","end":"2018-12-31","filed":"2021-02-26","form":"10-K","start":"2018-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":8219900000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"}}}}; fcfMargin: -1.0511076777089745; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: 0.3023359047881849

fcfMargin component 1 (2021-02-26) · fcfMargin component 2 (2021-02-26) · fcfMargin component 3 (2021-02-26)
cashConversion component 1 (2021-02-26) · cashConversion component 2 (2021-02-26) · cashConversion component 3 (2019-02-28)
roce component 1 (2021-02-26) · roce component 2 (2019-02-28) · roce component 3 (2019-02-28) · roce component 4 (2020-02-28) · roce component 5 (2020-02-28)
2017-12-31-1.80UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-124700000,"capex":{"accession":"0001628369-20-000014","end":"2017-12-31","filed":"2020-02-28","form":"10-K","start":"2017-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628369-20-000014","end":"2017-12-31","filed":"2020-02-28","form":"10-K","start":"2017-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":6923900000,"tag":"RevenueFromContractWithCustomerIncludingAssessedTax","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"netIncome":{"value":-221300000,"tag":"ProfitLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"operatingIncome":{"value":-171100000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2016-12-31"},"openingParentEquity":{"value":585500000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":382300000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2016-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":5793400000,"tag":"Assets","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"closingCurrentLiabilities":{"value":1965600000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"closingCapitalEmployed":{"value":3827800000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":499400000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"closingTotalEquity":{"value":499400000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"closingCash":{"value":405600000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-26","accession":"0001628369-21-000016","form":"10-K"},"closingBorrowings":{"value":2843500000,"components":[{"tag":"DebtCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K","reportedValue":59500000},{"tag":"LongTermDebtNoncurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K","reportedValue":2784000000}],"leasePolicy":"excludes_all_leases"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2017-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-221300000,"tag":"NetIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-120500000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"pretaxIncome":{"value":-341800000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -1.8010081023700515; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2016-12-31

fcfMargin component 1 (2020-02-28) · fcfMargin component 2 (2020-02-28) · fcfMargin component 3 (2020-02-28)
cashConversion component 1 (2020-02-28) · cashConversion component 2 (2020-02-28) · cashConversion component 3 (2019-02-28)
roce component 1 (2020-02-28) · roce component 2 (2019-02-28) · roce component 3 (2019-02-28)
2016-12-31UnavailableUnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"revenue":{"value":6215700000,"tag":"RevenueFromContractWithCustomerIncludingAssessedTax","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"netIncome":{"value":-434600000,"tag":"ProfitLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"operatingIncome":{"value":-295400000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2015-12-31"},"openingParentEquity":{"value":1025600000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2015-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":530400000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2015-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2015-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCapitalEmployed":{"value":null,"inputNames":["closingAssets","closingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2016-12-31"},"closingParentEquity":{"value":585500000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCash":{"value":382300000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-02-28","accession":"0001628369-20-000014","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2016-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-434200000,"tag":"NetIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-24300000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"pretaxIncome":{"value":-458900000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-02-28","accession":"0001628369-19-000006","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: Stored FCF total has no matching annual OCF/capex duration; cashConversion: Stored FCF total has no matching annual OCF/capex duration; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed, closingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2015-12-31; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2016-12-31

fcfMargin component 1 (2019-02-28)
cashConversion component 1 (2019-02-28)
roce component 1 (2019-02-28)

Annual operating facts

Complete annual history, independent of chart loading and range. Operating margin is operating profit as a percentage of revenue; net margin is consolidated net profit as a percentage of revenue. Negative margins show losses. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue (USD)Operating margin (%)Net margin (%)Inputs & filing sources
2025-12-3110,288,200,000.004.40Unavailable
Inputs & filings

revenue: 10288200000; operatingIncome: 452500000; netIncome: Consolidated income including noncontrolling interests is not confirmed

revenue (2026-02-19)
operatingIncome (2026-02-19)
2024-12-319,446,500,000.003.59Unavailable
Inputs & filings

revenue: 9446500000; operatingIncome: 338900000; netIncome: Consolidated income including noncontrolling interests is not confirmed

revenue (2026-02-19)
operatingIncome (2026-02-19)
2023-12-319,493,700,000.002.17Unavailable
Inputs & filings

revenue: 9493700000; operatingIncome: 205600000; netIncome: Consolidated income including noncontrolling interests is not confirmed

revenue (2026-02-19)
operatingIncome (2026-02-19)
2022-12-3110,105,700,000.005.30Unavailable
Inputs & filings

revenue: 10105700000; operatingIncome: 535100000; netIncome: Consolidated income including noncontrolling interests is not confirmed

revenue (2025-02-21)
operatingIncome (2025-02-21)
2021-12-319,388,700,000.005.29Unavailable
Inputs & filings

revenue: 9388700000; operatingIncome: 497000000; netIncome: Consolidated income including noncontrolling interests is not confirmed

revenue (2024-02-21)
operatingIncome (2024-02-21)
2020-12-317,843,700,000.00-0.68Unavailable
Inputs & filings

revenue: 7843700000; operatingIncome: -53100000; netIncome: Consolidated income including noncontrolling interests is not confirmed

revenue (2023-02-24)
operatingIncome (2023-02-24)
2019-12-318,751,000,000.002.14Unavailable
Inputs & filings

revenue: 8751000000; operatingIncome: 187300000; netIncome: Consolidated income including noncontrolling interests is not confirmed

revenue (2022-02-25)
operatingIncome (2022-02-25)
2018-12-318,219,900,000.000.15-2.26
Inputs & filings

revenue: 8219900000; operatingIncome: 12600000; netIncome: -185800000

revenue (2019-02-28)
operatingIncome (2021-02-26)
netIncome (2019-02-28)
2017-12-316,923,900,000.00-2.47-3.20
Inputs & filings

revenue: 6923900000; operatingIncome: -171100000; netIncome: -221300000

revenue (2020-02-28)
operatingIncome (2020-02-28)
netIncome (2019-02-28)
2016-12-316,215,700,000.00-4.75-6.99
Inputs & filings

revenue: 6215700000; operatingIncome: -295400000; netIncome: -434600000

revenue (2019-02-28)
operatingIncome (2019-02-28)
netIncome (2019-02-28)

Cushman & Wakefield Ltd. (CWK) P/E ratio history

The interactive P/E chart contains all 428 stored weekly price points (2018-08-03–2026-10-08); 198 have an eligible basic or diluted ratio. Annual EPS is carried forward from its fiscal end. Use the P/E range bar or any other chart range bar to change all five chart windows.

Fiscal-year-end snapshots

4 eligible fiscal-year-end observations span 2021-12-31–2025-12-31. Latest eligible diluted P/E: 43.50×; basic P/E: 43.50×, for fiscal end 2025-12-31, using the close on 2025-12-26.

Annual P/E = eligible fiscal-year-end close ÷ reported annual EPS. This is retrospective annual P/E, not TTM or forward P/E. Why we use annual data. Missing or non-positive EPS and missing eligible prices produce unavailable ratios.

Explore the P/E chart and optional reference lines · How P/E history is calculated.

Complete annual P/E history (10 fiscal periods)
Full stored fiscal-year-end P/E history, independent of the selected chart window. Ratios in ×; prices in USD.
Fiscal endPrice dateClosePrice basisBasic P/EDiluted P/EEPS filings
2025-12-312025-12-2616.53Adjusted close43.5043.50Basic EPS (2026-02-19) Diluted EPS (2026-02-19)
2024-12-312024-12-2713.07Adjusted close22.9323.34Basic EPS (2026-02-19) Diluted EPS (2026-02-19)
2023-12-312023-12-2910.80Adjusted closeUnavailableUnavailableBasic EPS (2026-02-19) Diluted EPS (2026-02-19)
2022-12-312022-12-3012.46Adjusted close14.3214.49Basic EPS (2025-02-21) Diluted EPS (2025-02-21)
2021-12-312021-12-3122.24Adjusted close19.8620.22Basic EPS (2024-02-21) Diluted EPS (2024-02-21)
2020-12-312020-12-3114.83Adjusted closeUnavailableUnavailableBasic EPS (2023-02-24) Diluted EPS (2023-02-24)
2019-12-312019-12-2720.49Adjusted closeUnavailableUnavailableBasic EPS (2022-02-25) Diluted EPS (2022-02-25)
2018-12-312018-12-2814.32Adjusted closeUnavailableUnavailableBasic EPS (2021-02-26) Diluted EPS (2021-02-26)
2017-12-31UnavailableUnavailableUnavailableUnavailableUnavailableBasic EPS (2020-02-28) Diluted EPS (2020-02-28)
2016-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable

Did this research save you time?

I build and maintain Stock Value Lens independently. If you found it useful, a coffee helps me maintain the tools and improve data updates.

Buy me a coffee · €5 (opens Buy Me a Coffee in a new tab)