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Annual data and sources

Enphase Energy, Inc. (ENPH) · Nasdaq · USD · Sector unavailable · CIK 0001463101

Annual coverage: 2010-12-31–2025-12-31 (16 periods). Financial snapshot built 2026-10-09.

ENPH 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 Enphase Energy, Inc.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
1.311.290.71UnavailableUnavailableBasic EPS (2026-02-17)
Diluted EPS (2026-02-17)
Operating cash flow (2026-02-17) · Capex (2026-02-17)
2024
2024-12-31
0.760.753.43UnavailableUnavailableBasic EPS (2026-02-17)
Diluted EPS (2026-02-17)
Operating cash flow (2026-02-17) · Capex (2026-02-17)
2023
2023-12-31
3.223.084.09UnavailableUnavailableBasic EPS (2026-02-17)
Diluted EPS (2026-02-17)
Operating cash flow (2026-02-17) · Capex (2026-02-17)
2022
2022-12-31
2.942.774.84UnavailableUnavailableBasic EPS (2025-02-10)
Diluted EPS (2025-02-10)
Operating cash flow (2025-02-10) · Capex (2025-02-10)
2021
2021-12-31
UnavailableUnavailable2.10UnavailableUnavailableOperating cash flow (2024-02-09) · Capex (2024-02-09)
2020
2020-12-31
UnavailableUnavailable1.38UnavailableUnavailableOperating cash flow (2023-02-13) · Capex (2023-02-13)
2019
2019-12-31
UnavailableUnavailable0.94UnavailableUnavailableOperating cash flow (2022-02-11) · Capex (2022-02-11)
2018
2018-12-31
UnavailableUnavailable0.12UnavailableUnavailableOperating cash flow (2021-02-16) · Capex (2021-02-16)
2017
2017-12-31
UnavailableUnavailable-0.39UnavailableUnavailableOperating cash flow (2020-02-21) · Capex (2020-02-21)
2016
2016-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2018-04-02) · Capex (2018-04-02)
2015
2015-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2018-04-02) · Capex (2018-04-02)
2014
2014-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2017-03-16) · Capex (2017-03-16)
2013
2013-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2016-03-01) · Capex (2016-03-01)
2012
2012-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2015-03-04) · Capex (2015-03-04)
2011
2011-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2014-03-04) · Capex (2014-03-04)
2010
2010-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2013-03-05) · Capex (2013-03-05)

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
2025-12-3110.92Unavailable
Inputs & filings

revenue: 1472985000; averageDilutedShares: 134886000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 131080000

revenue (2026-02-17)
averageDilutedShares (2026-02-17)
periodEndShares (2026-02-17)
2024-12-319.50Unavailable
Inputs & filings

revenue: 1330383000; averageDilutedShares: 140004000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 132448000

revenue (2026-02-17)
averageDilutedShares (2026-02-17)
periodEndShares (2026-02-17)
2023-12-3115.99Unavailable
Inputs & filings

revenue: 2290786000; averageDilutedShares: 143290000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 135722000

revenue (2026-02-17)
averageDilutedShares (2026-02-17)
periodEndShares (2025-02-10)
2022-12-3116.14Unavailable
Inputs & filings

revenue: 2330853000; averageDilutedShares: 144390000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 136441000

revenue (2025-02-10)
averageDilutedShares (2025-02-10)
periodEndShares (2024-02-09)
2021-12-319.67Unavailable
Inputs & filings

revenue: 1382049000; averageDilutedShares: 142878000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 133894000

revenue (2024-02-09)
averageDilutedShares (2024-02-09)
periodEndShares (2023-02-13)
2020-12-315.46Unavailable
Inputs & filings

revenue: 774425000; averageDilutedShares: 141918000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 128962000

revenue (2023-02-13)
averageDilutedShares (2023-02-13)
periodEndShares (2022-02-11)
2019-12-314.74Unavailable
Inputs & filings

revenue: 624333000; averageDilutedShares: 131644000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 123109000

revenue (2022-02-11)
averageDilutedShares (2022-02-11)
periodEndShares (2021-02-16)
2018-12-313.17Unavailable
Inputs & filings

revenue: 316159000; averageDilutedShares: 99619000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 107035000

revenue (2021-02-16)
averageDilutedShares (2021-02-16)
periodEndShares (2020-02-21)
2017-12-313.45Unavailable
Inputs & filings

revenue: 286166000; averageDilutedShares: 82939000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 85914000

revenue (2020-02-21)
averageDilutedShares (2020-02-21)
periodEndShares (2019-03-15)
2016-12-31UnavailableUnavailable
Inputs & filings

revenue: 322591000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 62269000

revenue (2019-03-15)
periodEndShares (2018-04-02)
2015-12-31UnavailableUnavailable
Inputs & filings

revenue: 357249000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 45821000

revenue (2018-04-02)
periodEndShares (2017-03-16)
2014-12-31UnavailableUnavailable
Inputs & filings

revenue: 343904000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 43756000

revenue (2017-03-16)
periodEndShares (2016-03-01)
2013-12-31UnavailableUnavailable
Inputs & filings

revenue: 232846000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 42123000

revenue (2016-03-01)
periodEndShares (2015-03-04)
2012-12-31UnavailableUnavailable
Inputs & filings

revenue: 216678000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 40856000

revenue (2015-03-04)
periodEndShares (2014-03-04)
2011-12-31UnavailableUnavailable
Inputs & filings

revenue: 149523000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 1698000

revenue (2014-03-04)
periodEndShares (2013-03-05)
2010-12-31UnavailableUnavailable
Inputs & filings

revenue: 61661000; 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 (2013-03-05)

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
2025-12-316.5155.716.51
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":95901000,"capex":{"accession":"0001463101-26-000013","end":"2025-12-31","filed":"2026-02-17","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-26-000013","end":"2025-12-31","filed":"2026-02-17","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":1472985000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"netIncome":{"value":172133000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"operatingIncome":{"value":157526000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"openingAssets":{"value":3249676000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"openingCurrentLiabilities":{"value":660091000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"openingCapitalEmployed":{"value":2589585000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":833016000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"openingTotalEquity":{"value":833016000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":2416660000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"openingCash":{"value":369110000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","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 2024-12-31"},"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":3509792000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"closingCurrentLiabilities":{"value":1262150000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"closingCapitalEmployed":{"value":2247642000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1087023000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"closingTotalEquity":{"value":1087023000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":2422769000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"closingCash":{"value":474318000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","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 2025-12-31"},"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":172133000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":32681000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"pretaxIncome":{"value":204814000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"effectiveTaxRate":{"value":0.15956428759752753,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":132390476.03191188,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":2418613500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 6.510656931333313; cashConversion: 55.713314704327466; roce: 6.513070401699156

fcfMargin component 1 (2026-02-17) · fcfMargin component 2 (2026-02-17) · fcfMargin component 3 (2026-02-17)
cashConversion component 1 (2026-02-17) · cashConversion component 2 (2026-02-17) · cashConversion component 3 (2026-02-17)
roce component 1 (2026-02-17) · roce component 2 (2026-02-17) · roce component 3 (2026-02-17) · roce component 4 (2026-02-17) · roce component 5 (2026-02-17)
2024-12-3136.09467.662.84
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":480089000,"capex":{"accession":"0001463101-26-000013","end":"2024-12-31","filed":"2026-02-17","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-26-000013","end":"2024-12-31","filed":"2026-02-17","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":1330383000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"netIncome":{"value":102658000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"operatingIncome":{"value":77292000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"openingAssets":{"value":3383012000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","form":"10-K"},"openingCurrentLiabilities":{"value":532449000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","form":"10-K"},"openingCapitalEmployed":{"value":2850563000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":983624000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","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":2399388000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","form":"10-K"},"openingCash":{"value":288748000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","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 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":3249676000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"closingCurrentLiabilities":{"value":660091000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"closingCapitalEmployed":{"value":2589585000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":833016000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"closingTotalEquity":{"value":833016000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":2416660000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"closingCash":{"value":369110000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","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 2024-12-31"},"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":102658000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":17501000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"pretaxIncome":{"value":120159000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"effectiveTaxRate":{"value":0.14564868216280097,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":66034522.058272794,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":2720074000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 36.08652545920987; cashConversion: 467.6586335210115; roce: 2.8415403404466204

fcfMargin component 1 (2026-02-17) · fcfMargin component 2 (2026-02-17) · fcfMargin component 3 (2026-02-17)
cashConversion component 1 (2026-02-17) · cashConversion component 2 (2026-02-17) · cashConversion component 3 (2026-02-17)
roce component 1 (2026-02-17) · roce component 2 (2025-02-10) · roce component 3 (2025-02-10) · roce component 4 (2026-02-17) · roce component 5 (2026-02-17)
2023-12-3125.60133.5916.83
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":586379000,"capex":{"accession":"0001463101-26-000013","end":"2023-12-31","filed":"2026-02-17","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-26-000013","end":"2023-12-31","filed":"2026-02-17","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":2290786000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"netIncome":{"value":438936000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"operatingIncome":{"value":445741000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"openingAssets":{"value":3084280000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-09","accession":"0001463101-24-000024","form":"10-K"},"openingCurrentLiabilities":{"value":638219000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-09","accession":"0001463101-24-000024","form":"10-K"},"openingCapitalEmployed":{"value":2446061000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":825573000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","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":2258707000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-09","accession":"0001463101-24-000024","form":"10-K"},"openingCash":{"value":473244000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","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 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":3383012000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","form":"10-K"},"closingCurrentLiabilities":{"value":532449000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","form":"10-K"},"closingCapitalEmployed":{"value":2850563000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":983624000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","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":2399388000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","form":"10-K"},"closingCash":{"value":288748000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","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 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":438936000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":74203000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"pretaxIncome":{"value":513139000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-17","accession":"0001463101-26-000013","form":"10-K"},"effectiveTaxRate":{"value":0.1446060424173567,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":381284158.04684496,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":2648312000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 25.597284076295214; cashConversion: 133.59100187726685; roce: 16.831136210537124

fcfMargin component 1 (2026-02-17) · fcfMargin component 2 (2026-02-17) · fcfMargin component 3 (2026-02-17)
cashConversion component 1 (2026-02-17) · cashConversion component 2 (2026-02-17) · cashConversion component 3 (2026-02-17)
roce component 1 (2026-02-17) · roce component 2 (2024-02-09) · roce component 3 (2024-02-09) · roce component 4 (2025-02-10) · roce component 5 (2025-02-10)
2022-12-3129.96175.7521.94
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":698374000,"capex":{"accession":"0001463101-25-000024","end":"2022-12-31","filed":"2025-02-10","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-25-000024","end":"2022-12-31","filed":"2025-02-10","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":2330853000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","form":"10-K"},"netIncome":{"value":397362000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","form":"10-K"},"operatingIncome":{"value":448261000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","form":"10-K"},"openingAssets":{"value":2079256000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-13","accession":"0001463101-23-000025","form":"10-K"},"openingCurrentLiabilities":{"value":439796000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-13","accession":"0001463101-23-000025","form":"10-K"},"openingCapitalEmployed":{"value":1639460000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":430168000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","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":1649088000,"tag":"Liabilities","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-13","accession":"0001463101-23-000025","form":"10-K"},"openingCash":{"value":119316000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-13","accession":"0001463101-23-000025","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"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":397362000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":54686000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","form":"10-K"},"pretaxIncome":{"value":452048000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-10","accession":"0001463101-25-000024","form":"10-K"},"effectiveTaxRate":{"value":0.12097387888011893,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":394033128.079319,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":2042760500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 29.96216406611657; cashConversion: 175.75258831997022; roce: 21.943884268371157

fcfMargin component 1 (2025-02-10) · fcfMargin component 2 (2025-02-10) · fcfMargin component 3 (2025-02-10)
cashConversion component 1 (2025-02-10) · cashConversion component 2 (2025-02-10) · cashConversion component 3 (2025-02-10)
roce component 1 (2025-02-10) · roce component 2 (2023-02-13) · roce component 3 (2023-02-13) · roce component 4 (2024-02-09) · roce component 5 (2024-02-09)
2021-12-3121.69206.1018.72
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":299770000,"capex":{"accession":"0001463101-24-000024","end":"2021-12-31","filed":"2024-02-09","form":"10-K","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-24-000024","end":"2021-12-31","filed":"2024-02-09","form":"10-K","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":1382049000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-09","accession":"0001463101-24-000024","form":"10-K"},"netIncome":{"value":145449000,"tag":"NetIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-09","accession":"0001463101-24-000024","form":"10-K"},"operatingIncome":{"value":215832000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-09","accession":"0001463101-24-000024","form":"10-K"},"openingAssets":{"value":1200102000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"openingCurrentLiabilities":{"value":534043000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"openingCapitalEmployed":{"value":666059000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":483993000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-09","accession":"0001463101-24-000024","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":716109000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"openingCash":{"value":679379000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"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":145449000,"tag":"NetIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-09","accession":"0001463101-24-000024","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-24521000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-09","accession":"0001463101-24-000024","form":"10-K"},"pretaxIncome":{"value":120928000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-09","accession":"0001463101-24-000024","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Effective tax rate outside 0–100% or nonfinite; no clamping"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Effective tax rate outside 0–100% or nonfinite; no clamping"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":1152759500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 21.690258449591873; cashConversion: 206.09973255230355; roce: 18.723072765828434

fcfMargin component 1 (2024-02-09) · fcfMargin component 2 (2024-02-09) · fcfMargin component 3 (2024-02-09)
cashConversion component 1 (2024-02-09) · cashConversion component 2 (2024-02-09) · cashConversion component 3 (2024-02-09)
roce component 1 (2024-02-09) · roce component 2 (2022-02-11) · roce component 3 (2022-02-11) · roce component 4 (2023-02-13) · roce component 5 (2023-02-13)
2020-12-3125.28146.1131.60
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":195776000,"capex":{"accession":"0001463101-23-000025","end":"2020-12-31","filed":"2023-02-13","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-23-000025","end":"2020-12-31","filed":"2023-02-13","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":774425000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-13","accession":"0001463101-23-000025","form":"10-K"},"netIncome":{"value":133995000,"tag":"NetIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-13","accession":"0001463101-23-000025","form":"10-K"},"operatingIncome":{"value":186439000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-13","accession":"0001463101-23-000025","form":"10-K"},"openingAssets":{"value":713223000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","form":"10-K"},"openingCurrentLiabilities":{"value":199311000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","form":"10-K"},"openingCapitalEmployed":{"value":513912000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":272212000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-13","accession":"0001463101-23-000025","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":441011000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","form":"10-K"},"openingCash":{"value":251409000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","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 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":1200102000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"closingCurrentLiabilities":{"value":534043000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"closingCapitalEmployed":{"value":666059000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":483993000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-09","accession":"0001463101-24-000024","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":716109000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"closingCash":{"value":679379000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","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 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":133995000,"tag":"NetIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-13","accession":"0001463101-23-000025","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-14585000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-13","accession":"0001463101-23-000025","form":"10-K"},"pretaxIncome":{"value":119410000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-13","accession":"0001463101-23-000025","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Effective tax rate outside 0–100% or nonfinite; no clamping"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Effective tax rate outside 0–100% or nonfinite; no clamping"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":589985500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 25.28017561416535; cashConversion: 146.106944288966; roce: 31.600607133565145

fcfMargin component 1 (2023-02-13) · fcfMargin component 2 (2023-02-13) · fcfMargin component 3 (2023-02-13)
cashConversion component 1 (2023-02-13) · cashConversion component 2 (2023-02-13) · cashConversion component 3 (2023-02-13)
roce component 1 (2023-02-13) · roce component 2 (2021-02-16) · roce component 3 (2021-02-16) · roce component 4 (2022-02-11) · roce component 5 (2022-02-11)
2019-12-3119.9177.1229.07
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":124279000,"capex":{"accession":"0001463101-22-000016","end":"2019-12-31","filed":"2022-02-11","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-22-000016","end":"2019-12-31","filed":"2022-02-11","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":624333000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"netIncome":{"value":161148000,"tag":"NetIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"operatingIncome":{"value":102729000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"openingAssets":{"value":339937000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","form":"10-K"},"openingCurrentLiabilities":{"value":147161000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","form":"10-K"},"openingCapitalEmployed":{"value":192776000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":7776000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","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":332161000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","form":"10-K"},"openingCash":{"value":106237000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","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 2018-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2018-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"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":713223000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","form":"10-K"},"closingCurrentLiabilities":{"value":199311000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","form":"10-K"},"closingCapitalEmployed":{"value":513912000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":272212000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-13","accession":"0001463101-23-000025","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":441011000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","form":"10-K"},"closingCash":{"value":251409000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","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 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":161148000,"tag":"NetIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-71034000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"pretaxIncome":{"value":90114000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Effective tax rate outside 0–100% or nonfinite; no clamping"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Effective tax rate outside 0–100% or nonfinite; no clamping"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":353344000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 19.905883558934097; cashConversion: 77.12103159828231; roce: 29.073367596449916

fcfMargin component 1 (2022-02-11) · fcfMargin component 2 (2022-02-11) · fcfMargin component 3 (2022-02-11)
cashConversion component 1 (2022-02-11) · cashConversion component 2 (2022-02-11) · cashConversion component 3 (2022-02-11)
roce component 1 (2022-02-11) · roce component 2 (2020-02-21) · roce component 3 (2020-02-21) · roce component 4 (2021-02-16) · roce component 5 (2021-02-16)
2018-12-313.79Unavailable1.18
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":11981000,"capex":{"accession":"0001463101-21-000016","end":"2018-12-31","filed":"2021-02-16","form":"10-K","start":"2018-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-21-000016","end":"2018-12-31","filed":"2021-02-16","form":"10-K","start":"2018-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":316159000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","form":"10-K"},"netIncome":{"value":-11627000,"tag":"NetIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","form":"10-K"},"operatingIncome":{"value":1596000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","form":"10-K"},"openingAssets":{"value":169147000,"tag":"Assets","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"openingCurrentLiabilities":{"value":91741000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"openingCapitalEmployed":{"value":77406000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":-9126000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","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":178273000,"tag":"Liabilities","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"openingCash":{"value":29144000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2017-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","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 2017-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2017-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"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":339937000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","form":"10-K"},"closingCurrentLiabilities":{"value":147161000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","form":"10-K"},"closingCapitalEmployed":{"value":192776000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":7776000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-11","accession":"0001463101-22-000016","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":332161000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","form":"10-K"},"closingCash":{"value":106237000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","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 2018-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2018-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"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":-11627000,"tag":"NetIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":1398000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","form":"10-K"},"pretaxIncome":{"value":-10229000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","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":135091000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 3.7895489294943365; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: 1.1814258536838131

fcfMargin component 1 (2021-02-16) · fcfMargin component 2 (2021-02-16) · fcfMargin component 3 (2021-02-16)
cashConversion component 1 (2021-02-16) · cashConversion component 2 (2021-02-16) · cashConversion component 3 (2021-02-16)
roce component 1 (2021-02-16) · roce component 2 (2019-03-15) · roce component 3 (2019-03-15) · roce component 4 (2020-02-21) · roce component 5 (2020-02-21)
2017-12-31-11.38Unavailable-49.78
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-32563000,"capex":{"accession":"0001463101-20-000021","end":"2017-12-31","filed":"2020-02-21","form":"10-K","start":"2017-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-20-000021","end":"2017-12-31","filed":"2020-02-21","form":"10-K","start":"2017-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":286166000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","form":"10-K"},"netIncome":{"value":-45192000,"tag":"NetIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","form":"10-K"},"operatingIncome":{"value":-39378000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","form":"10-K"},"openingAssets":{"value":163576000,"tag":"Assets","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"},"openingCurrentLiabilities":{"value":82772000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"},"openingCapitalEmployed":{"value":80804000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":1300000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","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":162276000,"tag":"Liabilities","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"},"openingCash":{"value":17764000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2016-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2016-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"},"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":169147000,"tag":"Assets","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"closingCurrentLiabilities":{"value":91741000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"closingCapitalEmployed":{"value":77406000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":-9126000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-16","accession":"0001463101-21-000016","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":178273000,"tag":"Liabilities","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"closingCash":{"value":29144000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2017-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","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 2017-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2017-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"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":-45192000,"tag":"NetIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-149000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","form":"10-K"},"pretaxIncome":{"value":-45341000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","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":79105000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -11.37905970660386; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -49.77940711712281

fcfMargin component 1 (2020-02-21) · fcfMargin component 2 (2020-02-21) · fcfMargin component 3 (2020-02-21)
cashConversion component 1 (2020-02-21) · cashConversion component 2 (2020-02-21) · cashConversion component 3 (2020-02-21)
roce component 1 (2020-02-21) · roce component 2 (2018-04-02) · roce component 3 (2018-04-02) · roce component 4 (2019-03-15) · roce component 5 (2019-03-15)
2016-12-31-13.99Unavailable-72.28
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-45120000,"capex":{"accession":"0001463101-18-000030","end":"2016-12-31","filed":"2018-04-02","form":"10-K","start":"2016-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-18-000030","end":"2016-12-31","filed":"2018-04-02","form":"10-K","start":"2016-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":322591000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"netIncome":{"value":-67462000,"tag":"NetIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"operatingIncome":{"value":-62700000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"openingAssets":{"value":165528000,"tag":"Assets","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","form":"10-K"},"openingCurrentLiabilities":{"value":72848000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","form":"10-K"},"openingCapitalEmployed":{"value":92680000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":41449000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2015-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","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":124079000,"tag":"Liabilities","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","form":"10-K"},"openingCash":{"value":28452000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2015-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","form":"10-K"},"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":163576000,"tag":"Assets","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"},"closingCurrentLiabilities":{"value":82772000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"},"closingCapitalEmployed":{"value":80804000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":1300000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-02-21","accession":"0001463101-20-000021","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":162276000,"tag":"Liabilities","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"},"closingCash":{"value":17764000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2016-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2016-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"},"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":-67462000,"tag":"NetIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":1475000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","form":"10-K"},"pretaxIncome":{"value":-65987000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","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":86742000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"fcfMargin":{"fcfTotal":{"value":-45120000,"capex":{"accession":"0001463101-18-000030","end":"2016-12-31","filed":"2018-04-02","form":"10-K","start":"2016-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-18-000030","end":"2016-12-31","filed":"2018-04-02","form":"10-K","start":"2016-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":322591000,"tag":"SalesRevenueNet","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"}}}}; fcfMargin: -13.986751025292088; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -72.28332295773674

fcfMargin component 1 (2018-04-02) · fcfMargin component 2 (2018-04-02) · fcfMargin component 3 (2018-04-02)
cashConversion component 1 (2018-04-02) · cashConversion component 2 (2018-04-02) · cashConversion component 3 (2019-03-15)
roce component 1 (2019-03-15) · roce component 2 (2017-03-16) · roce component 3 (2017-03-16) · roce component 4 (2018-04-02) · roce component 5 (2018-04-02)
2015-12-31-9.43UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-33685000,"capex":{"accession":"0001463101-18-000030","end":"2015-12-31","filed":"2018-04-02","form":"10-K","start":"2015-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-18-000030","end":"2015-12-31","filed":"2018-04-02","form":"10-K","start":"2015-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":357249000,"tag":"SalesRevenueNet","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"},"netIncome":{"value":-22082000,"tag":"NetIncomeLoss","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingAssets":{"value":152192000,"tag":"Assets","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","form":"10-K"},"openingCurrentLiabilities":{"value":58706000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","form":"10-K"},"openingCapitalEmployed":{"value":93486000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":46952000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2014-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","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":105240000,"tag":"Liabilities","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","form":"10-K"},"openingCash":{"value":42032000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2014-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","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 2014-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","form":"10-K"},"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":165528000,"tag":"Assets","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","form":"10-K"},"closingCurrentLiabilities":{"value":72848000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","form":"10-K"},"closingCapitalEmployed":{"value":92680000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":41449000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2015-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","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":124079000,"tag":"Liabilities","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","form":"10-K"},"closingCash":{"value":28452000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2015-12-31","filed":"2019-03-15","accession":"0001463101-19-000033","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 2015-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","form":"10-K"},"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":-22082000,"tag":"NetIncomeLoss","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":1379000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","form":"10-K"},"pretaxIncome":{"value":-20703000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","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":93083000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -9.428997701883; 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: operatingIncome; Missing or conflicting matching SEC fact

fcfMargin component 1 (2018-04-02) · fcfMargin component 2 (2018-04-02) · fcfMargin component 3 (2018-04-02)
cashConversion component 1 (2018-04-02) · cashConversion component 2 (2018-04-02) · cashConversion component 3 (2018-04-02)
roce component 1 (2016-03-01) · roce component 2 (2016-03-01) · roce component 3 (2017-03-16) · roce component 4 (2017-03-16)
2014-12-313.19UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":10973000,"capex":{"accession":"0001463101-17-000024","end":"2014-12-31","filed":"2017-03-16","form":"10-K","start":"2014-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-17-000024","end":"2014-12-31","filed":"2017-03-16","form":"10-K","start":"2014-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":343904000,"tag":"SalesRevenueNet","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","form":"10-K"},"netIncome":{"value":-8052000,"tag":"NetIncomeLoss","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingAssets":{"value":116669000,"tag":"Assets","unit":"USD","start":null,"end":"2013-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","form":"10-K"},"openingCurrentLiabilities":{"value":33365000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2013-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","form":"10-K"},"openingCapitalEmployed":{"value":83304000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":40206000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2013-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","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":76463000,"tag":"Liabilities","unit":"USD","start":null,"end":"2013-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","form":"10-K"},"openingCash":{"value":38190000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2013-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","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 2013-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2013-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","form":"10-K"},"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":152192000,"tag":"Assets","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","form":"10-K"},"closingCurrentLiabilities":{"value":58706000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","form":"10-K"},"closingCapitalEmployed":{"value":93486000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":46952000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2014-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","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":105240000,"tag":"Liabilities","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","form":"10-K"},"closingCash":{"value":42032000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2014-12-31","filed":"2018-04-02","accession":"0001463101-18-000030","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 2014-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","form":"10-K"},"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":-8052000,"tag":"NetIncomeLoss","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":766000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","form":"10-K"},"pretaxIncome":{"value":-7286000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","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":88395000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 3.190716013771285; 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: operatingIncome; Missing or conflicting matching SEC fact

fcfMargin component 1 (2017-03-16) · fcfMargin component 2 (2017-03-16) · fcfMargin component 3 (2017-03-16)
cashConversion component 1 (2017-03-16) · cashConversion component 2 (2017-03-16) · cashConversion component 3 (2017-03-16)
roce component 1 (2015-03-04) · roce component 2 (2015-03-04) · roce component 3 (2016-03-01) · roce component 4 (2016-03-01)
2013-12-31-3.06UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-7129000,"capex":{"accession":"0001463101-16-000040","end":"2013-12-31","filed":"2016-03-01","form":"10-K","start":"2013-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-16-000040","end":"2013-12-31","filed":"2016-03-01","form":"10-K","start":"2013-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":232846000,"tag":"SalesRevenueNet","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","form":"10-K"},"netIncome":{"value":-25913000,"tag":"NetIncomeLoss","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingAssets":{"value":122291000,"tag":"Assets","unit":"USD","start":null,"end":"2012-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","form":"10-K"},"openingCurrentLiabilities":{"value":33855000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2012-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","form":"10-K"},"openingCapitalEmployed":{"value":88436000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":56655000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2012-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","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":65636000,"tag":"Liabilities","unit":"USD","start":null,"end":"2012-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","form":"10-K"},"openingCash":{"value":45294000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2012-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","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 2012-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2012-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","form":"10-K"},"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":116669000,"tag":"Assets","unit":"USD","start":null,"end":"2013-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","form":"10-K"},"closingCurrentLiabilities":{"value":33365000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2013-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","form":"10-K"},"closingCapitalEmployed":{"value":83304000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":40206000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2013-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","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":76463000,"tag":"Liabilities","unit":"USD","start":null,"end":"2013-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","form":"10-K"},"closingCash":{"value":38190000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2013-12-31","filed":"2017-03-16","accession":"0001463101-17-000024","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 2013-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2013-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","form":"10-K"},"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":-25913000,"tag":"NetIncomeLoss","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":863000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","form":"10-K"},"pretaxIncome":{"value":-25050000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","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":85870000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -3.0616802521838467; 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: operatingIncome; Missing or conflicting matching SEC fact

fcfMargin component 1 (2016-03-01) · fcfMargin component 2 (2016-03-01) · fcfMargin component 3 (2016-03-01)
cashConversion component 1 (2016-03-01) · cashConversion component 2 (2016-03-01) · cashConversion component 3 (2016-03-01)
roce component 1 (2014-03-04) · roce component 2 (2014-03-04) · roce component 3 (2015-03-04) · roce component 4 (2015-03-04)
2012-12-31-26.60UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-57635000,"capex":{"accession":"0001463101-15-000017","end":"2012-12-31","filed":"2015-03-04","form":"10-K","start":"2012-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-15-000017","end":"2012-12-31","filed":"2015-03-04","form":"10-K","start":"2012-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":216678000,"tag":"SalesRevenueNet","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","form":"10-K"},"netIncome":{"value":-38218000,"tag":"NetIncomeLoss","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingAssets":{"value":106242000,"tag":"Assets","unit":"USD","start":null,"end":"2011-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","form":"10-K"},"openingCurrentLiabilities":{"value":52370000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2011-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","form":"10-K"},"openingCapitalEmployed":{"value":53872000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":13974000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2011-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","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":92268000,"tag":"Liabilities","unit":"USD","start":null,"end":"2011-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","form":"10-K"},"openingCash":{"value":51524000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2011-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","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 2011-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2011-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","form":"10-K"},"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":122291000,"tag":"Assets","unit":"USD","start":null,"end":"2012-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","form":"10-K"},"closingCurrentLiabilities":{"value":33855000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2012-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","form":"10-K"},"closingCapitalEmployed":{"value":88436000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":56655000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2012-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","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":65636000,"tag":"Liabilities","unit":"USD","start":null,"end":"2012-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","form":"10-K"},"closingCash":{"value":45294000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2012-12-31","filed":"2016-03-01","accession":"0001463101-16-000040","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 2012-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2012-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","form":"10-K"},"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":-38218000,"tag":"NetIncomeLoss","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":651000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","form":"10-K"},"pretaxIncome":{"value":-37567000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","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":71154000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -26.599377878695574; 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: operatingIncome; Missing or conflicting matching SEC fact

fcfMargin component 1 (2015-03-04) · fcfMargin component 2 (2015-03-04) · fcfMargin component 3 (2015-03-04)
cashConversion component 1 (2015-03-04) · cashConversion component 2 (2015-03-04) · cashConversion component 3 (2015-03-04)
roce component 1 (2013-03-05) · roce component 2 (2013-03-05) · roce component 3 (2014-03-04) · roce component 4 (2014-03-04)
2011-12-31-10.05UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-15029000,"capex":{"accession":"0001463101-14-000007","end":"2011-12-31","filed":"2014-03-04","form":"10-K","start":"2011-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001463101-14-000007","end":"2011-12-31","filed":"2014-03-04","form":"10-K","start":"2011-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":149523000,"tag":"SalesRevenueNet","unit":"USD","start":"2011-01-01","end":"2011-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","form":"10-K"},"netIncome":{"value":-32290000,"tag":"NetIncomeLoss","unit":"USD","start":"2011-01-01","end":"2011-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"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 2010-12-31"},"openingParentEquity":{"value":38481000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2010-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","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":39993000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2010-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","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 2010-12-31"},"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":106242000,"tag":"Assets","unit":"USD","start":null,"end":"2011-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","form":"10-K"},"closingCurrentLiabilities":{"value":52370000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2011-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","form":"10-K"},"closingCapitalEmployed":{"value":53872000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":13974000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2011-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","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":92268000,"tag":"Liabilities","unit":"USD","start":null,"end":"2011-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","form":"10-K"},"closingCash":{"value":51524000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2011-12-31","filed":"2015-03-04","accession":"0001463101-15-000017","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 2011-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2011-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","form":"10-K"},"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":-32290000,"tag":"NetIncomeLoss","unit":"USD","start":"2011-01-01","end":"2011-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2011-01-01","end":"2011-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","form":"10-K"},"pretaxIncome":{"value":-32290000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2011-01-01","end":"2011-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","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: -10.051296456063616; 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: operatingIncome, openingCapitalEmployed; Missing or conflicting matching SEC fact; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2010-12-31

fcfMargin component 1 (2014-03-04) · fcfMargin component 2 (2014-03-04) · fcfMargin component 3 (2014-03-04)
cashConversion component 1 (2014-03-04) · cashConversion component 2 (2014-03-04) · cashConversion component 3 (2014-03-04)
roce component 1 (2013-03-05) · roce component 2 (2013-03-05)
2010-12-31-34.24UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-21114000,"capex":{"accession":"0001445305-13-000492","end":"2010-12-31","filed":"2013-03-05","form":"10-K","start":"2010-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001445305-13-000492","end":"2010-12-31","filed":"2013-03-05","form":"10-K","start":"2010-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":61661000,"tag":"SalesRevenueNet","unit":"USD","start":"2010-01-01","end":"2010-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","form":"10-K"},"netIncome":{"value":-21777000,"tag":"NetIncomeLoss","unit":"USD","start":"2010-01-01","end":"2010-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","form":"10-K"},"operatingIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"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 2009-12-31"},"openingParentEquity":{"value":13627000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2009-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","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":8642000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2009-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","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 2009-12-31"},"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 2010-12-31"},"closingParentEquity":{"value":38481000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2010-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","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":39993000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2010-12-31","filed":"2014-03-04","accession":"0001463101-14-000007","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 2010-12-31"},"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":-21777000,"tag":"NetIncomeLoss","unit":"USD","start":"2010-01-01","end":"2010-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":0,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2010-01-01","end":"2010-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","form":"10-K"},"pretaxIncome":{"value":-21777000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2010-01-01","end":"2010-12-31","filed":"2013-03-05","accession":"0001445305-13-000492","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: -34.24206548709881; 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: operatingIncome, openingCapitalEmployed, closingCapitalEmployed; Missing or conflicting matching SEC fact; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2009-12-31; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2010-12-31

fcfMargin component 1 (2013-03-05) · fcfMargin component 2 (2013-03-05) · fcfMargin component 3 (2013-03-05)
cashConversion component 1 (2013-03-05) · cashConversion component 2 (2013-03-05) · cashConversion component 3 (2013-03-05)

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
2025-12-311,472,985,000.0010.6911.69
Inputs & filings

revenue: 1472985000; operatingIncome: 157526000; netIncome: 172133000

revenue (2026-02-17)
operatingIncome (2026-02-17)
netIncome (2026-02-17)
2024-12-311,330,383,000.005.817.72
Inputs & filings

revenue: 1330383000; operatingIncome: 77292000; netIncome: 102658000

revenue (2026-02-17)
operatingIncome (2026-02-17)
netIncome (2026-02-17)
2023-12-312,290,786,000.0019.4619.16
Inputs & filings

revenue: 2290786000; operatingIncome: 445741000; netIncome: 438936000

revenue (2026-02-17)
operatingIncome (2026-02-17)
netIncome (2026-02-17)
2022-12-312,330,853,000.0019.2317.05
Inputs & filings

revenue: 2330853000; operatingIncome: 448261000; netIncome: 397362000

revenue (2025-02-10)
operatingIncome (2025-02-10)
netIncome (2025-02-10)
2021-12-311,382,049,000.0015.6210.52
Inputs & filings

revenue: 1382049000; operatingIncome: 215832000; netIncome: 145449000

revenue (2024-02-09)
operatingIncome (2024-02-09)
netIncome (2024-02-09)
2020-12-31774,425,000.0024.0717.30
Inputs & filings

revenue: 774425000; operatingIncome: 186439000; netIncome: 133995000

revenue (2023-02-13)
operatingIncome (2023-02-13)
netIncome (2023-02-13)
2019-12-31624,333,000.0016.4525.81
Inputs & filings

revenue: 624333000; operatingIncome: 102729000; netIncome: 161148000

revenue (2022-02-11)
operatingIncome (2022-02-11)
netIncome (2022-02-11)
2018-12-31316,159,000.000.50-3.68
Inputs & filings

revenue: 316159000; operatingIncome: 1596000; netIncome: -11627000

revenue (2021-02-16)
operatingIncome (2021-02-16)
netIncome (2021-02-16)
2017-12-31286,166,000.00-13.76-15.79
Inputs & filings

revenue: 286166000; operatingIncome: -39378000; netIncome: -45192000

revenue (2020-02-21)
operatingIncome (2020-02-21)
netIncome (2020-02-21)
2016-12-31322,591,000.00-19.44-20.91
Inputs & filings

revenue: 322591000; operatingIncome: -62700000; netIncome: -67462000

revenue (2019-03-15)
operatingIncome (2019-03-15)
netIncome (2019-03-15)
2015-12-31357,249,000.00Unavailable-6.18
Inputs & filings

revenue: 357249000; operatingIncome: No unambiguous matching annual USD fact; netIncome: -22082000

revenue (2018-04-02)
netIncome (2018-04-02)
2014-12-31343,904,000.00Unavailable-2.34
Inputs & filings

revenue: 343904000; operatingIncome: No unambiguous matching annual USD fact; netIncome: -8052000

revenue (2017-03-16)
netIncome (2017-03-16)
2013-12-31232,846,000.00Unavailable-11.13
Inputs & filings

revenue: 232846000; operatingIncome: No unambiguous matching annual USD fact; netIncome: -25913000

revenue (2016-03-01)
netIncome (2016-03-01)
2012-12-31216,678,000.00Unavailable-17.64
Inputs & filings

revenue: 216678000; operatingIncome: No unambiguous matching annual USD fact; netIncome: -38218000

revenue (2015-03-04)
netIncome (2015-03-04)
2011-12-31149,523,000.00Unavailable-21.60
Inputs & filings

revenue: 149523000; operatingIncome: No unambiguous matching annual USD fact; netIncome: -32290000

revenue (2014-03-04)
netIncome (2014-03-04)
2010-12-3161,661,000.00Unavailable-35.32
Inputs & filings

revenue: 61661000; operatingIncome: No unambiguous matching annual USD fact; netIncome: -21777000

revenue (2013-03-05)
netIncome (2013-03-05)

Enphase Energy, Inc. (ENPH) P/E ratio history

The interactive P/E chart contains all 759 stored weekly price points (2012-03-30–2026-10-08); 197 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 2022-12-31–2025-12-31. Latest eligible diluted P/E: 25.58×; basic P/E: 25.19×, 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 (16 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
2025-12-312025-12-2633.00Adjusted close25.1925.58Basic EPS (2026-02-17) Diluted EPS (2026-02-17)
2024-12-312024-12-2772.13Adjusted close94.9196.17Basic EPS (2026-02-17) Diluted EPS (2026-02-17)
2023-12-312023-12-29132.14Adjusted close41.0442.90Basic EPS (2026-02-17) Diluted EPS (2026-02-17)
2022-12-312022-12-30264.96Adjusted close90.1295.65Basic EPS (2025-02-10) Diluted EPS (2025-02-10)
2021-12-312021-12-31182.94Adjusted closeUnavailableUnavailable Source unavailable
2020-12-312020-12-31175.47Adjusted closeUnavailableUnavailable Source unavailable
2019-12-312019-12-2726.76Adjusted closeUnavailableUnavailable Source unavailable
2018-12-312018-12-284.83Adjusted closeUnavailableUnavailable Source unavailable
2017-12-312017-12-292.41Adjusted closeUnavailableUnavailable Source unavailable
2016-12-312016-12-301.01Adjusted closeUnavailableUnavailable Source unavailable
2015-12-312015-12-313.51Adjusted closeUnavailableUnavailable Source unavailable
2014-12-312014-12-2614.82Adjusted closeUnavailableUnavailable Source unavailable
2013-12-312013-12-275.87Adjusted closeUnavailableUnavailable Source unavailable
2012-12-312012-12-283.60Adjusted closeUnavailableUnavailable Source unavailable
2011-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable
2010-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable

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