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Annual data and sources

Marcus & Millichap, Inc. (MMI) · NYSE · USD · Sector unavailable · CIK 0001578732

Annual coverage: 2011-12-31–2025-12-31 (15 periods). Financial snapshot built 2026-10-09.

MMI 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 Marcus & Millichap, Inc.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
-0.05-0.051.51UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2024
2024-12-31
-0.32-0.320.36UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2023
2023-12-31
-0.88-0.88-2.12UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2022
2022-12-31
2.612.590.05UnavailableUnavailableBasic EPS (2025-02-27)
Diluted EPS (2025-02-27)
Operating cash flow (2025-02-27) · Capex (2025-02-27)
2021
2021-12-31
3.573.556.20UnavailableUnavailableBasic EPS (2024-02-27)
Diluted EPS (2024-02-27)
Operating cash flow (2024-02-27) · Capex (2024-02-27)
2020
2020-12-31
1.081.080.78UnavailableUnavailableBasic EPS (2023-02-28)
Diluted EPS (2023-02-28)
Operating cash flow (2023-02-28) · Capex (2023-02-28)
2019
2019-12-31
1.951.950.42UnavailableUnavailableBasic EPS (2022-03-01)
Diluted EPS (2022-03-01)
Operating cash flow (2022-03-01) · Capex (2022-03-01)
2018
2018-12-31
2.232.222.77UnavailableUnavailableBasic EPS (2021-03-01)
Diluted EPS (2021-03-01)
Operating cash flow (2021-03-01) · Capex (2021-03-01)
2017
2017-12-31
1.321.321.53UnavailableUnavailableBasic EPS (2020-03-02)
Diluted EPS (2020-03-02)
Operating cash flow (2020-03-02) · Capex (2020-03-02)
2016
2016-12-31
1.661.661.67UnavailableUnavailableBasic EPS (2019-03-01)
Diluted EPS (2019-03-01)
Operating cash flow (2019-03-01) · Capex (2019-03-01)
2015
2015-12-31
1.711.691.67UnavailableUnavailableBasic EPS (2018-03-16)
Diluted EPS (2018-03-16)
Operating cash flow (2018-03-16) · Capex (2018-03-16)
2014
2014-12-31
1.271.271.77UnavailableUnavailableBasic EPS (2017-03-16)
Diluted EPS (2017-03-16)
Operating cash flow (2017-03-16) · Capex (2017-03-16)
2013
2013-12-31
0.240.242.37UnavailableUnavailableBasic EPS (2016-03-15)
Diluted EPS (2016-03-15)
Operating cash flow (2014-03-21) · Capex (2016-03-15)
2012
2012-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2014-03-21) · Capex (2015-03-09)
2011
2011-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2014-03-21) · Capex (2014-03-21)

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
2025-12-3119.39Unavailable
Inputs & filings

revenue: 755156000; averageDilutedShares: 38943000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 38422993

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
periodEndShares (2026-02-26)
2024-12-3118.00Unavailable
Inputs & filings

revenue: 696060000; averageDilutedShares: 38678000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 38856790

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
periodEndShares (2026-02-26)
2023-12-3116.71Unavailable
Inputs & filings

revenue: 645927000; averageDilutedShares: 38659000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 38412484

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
periodEndShares (2025-02-27)
2022-12-3132.39Unavailable
Inputs & filings

revenue: 1301710000; averageDilutedShares: 40186000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 39255838

revenue (2025-02-27)
averageDilutedShares (2025-02-27)
periodEndShares (2024-02-27)
2021-12-3132.26Unavailable
Inputs & filings

revenue: 1296440000; averageDilutedShares: 40187000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 39692373

revenue (2024-02-27)
averageDilutedShares (2024-02-27)
periodEndShares (2023-02-28)
2020-12-3118.04Unavailable
Inputs & filings

revenue: 716906000; averageDilutedShares: 39735000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 39401976

revenue (2023-02-28)
averageDilutedShares (2023-02-28)
periodEndShares (2022-03-01)
2019-12-3120.39Unavailable
Inputs & filings

revenue: 806428000; averageDilutedShares: 39548000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 39153195

revenue (2022-03-01)
averageDilutedShares (2022-03-01)
periodEndShares (2021-03-01)
2018-12-3120.69Unavailable
Inputs & filings

revenue: 814816000; averageDilutedShares: 39383000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 38814464

revenue (2021-03-01)
averageDilutedShares (2021-03-01)
periodEndShares (2020-03-02)
2017-12-3118.41Unavailable
Inputs & filings

revenue: 719700000; averageDilutedShares: 39100000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 38374011

revenue (2018-03-16)
averageDilutedShares (2020-03-02)
periodEndShares (2019-03-01)
2016-12-3118.38Unavailable
Inputs & filings

revenue: 717450000; averageDilutedShares: 39035000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 37882266

revenue (2018-03-16)
averageDilutedShares (2019-03-01)
periodEndShares (2018-03-16)
2015-12-3117.59Unavailable
Inputs & filings

revenue: 689055000; averageDilutedShares: 39162000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 37396456

revenue (2017-03-16)
averageDilutedShares (2017-03-16)
periodEndShares (2017-03-16)
2014-12-3114.68Unavailable
Inputs & filings

revenue: 572188000; averageDilutedShares: 38978000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 36918442

revenue (2016-03-15)
averageDilutedShares (2016-03-15)
periodEndShares (2016-03-15)
2013-12-3111.23Unavailable
Inputs & filings

revenue: 435895000; averageDilutedShares: 38815000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 36600897

revenue (2016-03-15)
averageDilutedShares (2016-03-15)
periodEndShares (2015-03-09)
2012-12-31UnavailableUnavailable
Inputs & filings

revenue: 385716000; 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 (2015-03-09)
2011-12-31UnavailableUnavailable
Inputs & filings

revenue: 274705000; 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 (2014-03-21)

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
2025-12-317.78Unavailable-1.90
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":58785000,"capex":{"accession":"0001628280-26-012419","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-26-012419","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":755156000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"netIncome":{"value":-1909000,"tag":"ProfitLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"operatingIncome":{"value":-13711000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"openingAssets":{"value":869800000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"openingCurrentLiabilities":{"value":133017000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"openingCapitalEmployed":{"value":736783000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":630818000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"openingTotalEquity":{"value":630818000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":238982000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"openingCommonEquity":{"value":630818000,"inputNames":["openingParentEquity","openingPreferredShares"]},"closingAssets":{"value":827180000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"closingCurrentLiabilities":{"value":121447000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"closingCapitalEmployed":{"value":705733000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":603103000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"closingTotalEquity":{"value":603103000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":224077000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"closingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"closingCommonEquity":{"value":603103000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":-1913000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"incomeTaxExpense":{"value":4929000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"pretaxIncome":{"value":3020000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","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":721258000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":616960500,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 7.7844842655027575; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -1.9009841138677146

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2026-02-26) · roce component 3 (2026-02-26) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26)
2024-12-311.99Unavailable-4.36
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":13841000,"capex":{"accession":"0001628280-26-012419","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001628280-26-012419","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":696060000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"netIncome":{"value":-12362000,"tag":"ProfitLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"operatingIncome":{"value":-32909000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"openingAssets":{"value":878411000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001578732-25-000015","form":"10-K"},"openingCurrentLiabilities":{"value":105269000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001578732-25-000015","form":"10-K"},"openingCapitalEmployed":{"value":773142000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":645274000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","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":233137000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001578732-25-000015","form":"10-K"},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001578732-25-000015","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":869800000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"closingCurrentLiabilities":{"value":133017000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"closingCapitalEmployed":{"value":736783000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":630818000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"closingTotalEquity":{"value":630818000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":238982000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"closingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"closingCommonEquity":{"value":630818000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":-12331000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"incomeTaxExpense":{"value":-666000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","form":"10-K"},"pretaxIncome":{"value":-13028000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001628280-26-012419","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":754962500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"roe":{"commonNetIncome":{"value":-12331000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2025-02-27","accession":"0001578732-25-000015","form":"10-K"},"averageCommonEquity":{"value":638046000,"inputNames":["openingCommonEquity","closingCommonEquity"]},"openingCommonEquity":{"value":645274000,"inputNames":["openingParentEquity","openingPreferredShares"]},"openingParentEquity":{"value":645274000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001578732-25-000015","form":"10-K"},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001578732-25-000015","form":"10-K"},"closingCommonEquity":{"value":630818000,"inputNames":["closingParentEquity","closingPreferredShares"]},"closingParentEquity":{"value":630818000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2025-02-27","accession":"0001578732-25-000015","form":"10-K"},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-31","filed":"2025-02-27","accession":"0001578732-25-000015","form":"10-K"}}}}; fcfMargin: 1.988478004769704; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -4.359024454857029

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2025-02-27) · roce component 3 (2025-02-27) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26)
2023-12-31-12.66Unavailable-7.31
Inputs & filings

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fcfMargin: -12.663969767481465; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -7.307572768927306

fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)
cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26)
roce component 1 (2026-02-26) · roce component 2 (2024-02-27) · roce component 3 (2024-02-27) · roce component 4 (2025-02-27) · roce component 5 (2025-02-27)
2022-12-310.151.8816.44
Inputs & filings

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fcfMargin: 0.15080163784560308; cashConversion: 1.8834252818421684; roce: 16.442793794625736

fcfMargin component 1 (2025-02-27) · fcfMargin component 2 (2025-02-27) · fcfMargin component 3 (2025-02-27)
cashConversion component 1 (2025-02-27) · cashConversion component 2 (2025-02-27) · cashConversion component 3 (2025-02-27)
roce component 1 (2025-02-27) · roce component 2 (2023-02-28) · roce component 3 (2023-02-28) · roce component 4 (2024-02-27) · roce component 5 (2024-02-27)
2021-12-3119.21174.8125.62
Inputs & filings

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fcfMargin: 19.209990435346025; cashConversion: 174.80592405418685; roce: 25.616809830807245

fcfMargin component 1 (2024-02-27) · fcfMargin component 2 (2024-02-27) · fcfMargin component 3 (2024-02-27)
cashConversion component 1 (2024-02-27) · cashConversion component 2 (2024-02-27) · cashConversion component 3 (2024-02-27)
roce component 1 (2024-02-27) · roce component 2 (2022-03-01) · roce component 3 (2022-03-01) · roce component 4 (2023-02-28) · roce component 5 (2023-02-28)
2020-12-314.3472.708.47
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":31143000,"capex":{"accession":"0001578732-23-000013","end":"2020-12-31","filed":"2023-02-28","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001578732-23-000013","end":"2020-12-31","filed":"2023-02-28","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":716906000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001578732-23-000013","form":"10-K"},"netIncome":{"value":42838000,"tag":"ProfitLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001578732-23-000013","form":"10-K"},"operatingIncome":{"value":53614000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001578732-23-000013","form":"10-K"},"openingAssets":{"value":709034000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","form":"10-K"},"openingCurrentLiabilities":{"value":101805000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","form":"10-K"},"openingCapitalEmployed":{"value":607229000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":494874000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-28","accession":"0001578732-23-000013","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":214127000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","form":"10-K"},"openingCash":{"value":232670000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","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":779122000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","form":"10-K"},"closingCurrentLiabilities":{"value":120317000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","form":"10-K"},"closingCapitalEmployed":{"value":658805000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":546836000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-27","accession":"0001578732-24-000009","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":232286000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","form":"10-K"},"closingCash":{"value":243152000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2020-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","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":42835000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001578732-23-000013","form":"10-K"},"incomeTaxExpense":{"value":16526000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001578732-23-000013","form":"10-K"},"pretaxIncome":{"value":59364000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-28","accession":"0001578732-23-000013","form":"10-K"},"effectiveTaxRate":{"value":0.2783842059160434,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":38688709.18401725,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":633017000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 4.344084161661361; cashConversion: 72.69947243101919; roce: 8.469598762750447

fcfMargin component 1 (2023-02-28) · fcfMargin component 2 (2023-02-28) · fcfMargin component 3 (2023-02-28)
cashConversion component 1 (2023-02-28) · cashConversion component 2 (2023-02-28) · cashConversion component 3 (2023-02-28)
roce component 1 (2023-02-28) · roce component 2 (2021-03-01) · roce component 3 (2021-03-01) · roce component 4 (2022-03-01) · roce component 5 (2022-03-01)
2019-12-312.0421.4217.84
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":16475000,"capex":{"accession":"0001193125-22-060189","end":"2019-12-31","filed":"2022-03-01","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-22-060189","end":"2019-12-31","filed":"2022-03-01","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":806428000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","form":"10-K"},"netIncome":{"value":76930000,"tag":"ProfitLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","form":"10-K"},"operatingIncome":{"value":96423000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","form":"10-K"},"openingAssets":{"value":566380000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","form":"10-K"},"openingCurrentLiabilities":{"value":92856000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","form":"10-K"},"openingCapitalEmployed":{"value":473524000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":409574000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","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":156806000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","form":"10-K"},"openingCash":{"value":214683000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","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":"2020-03-02","accession":"0001193125-20-058202","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":709034000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","form":"10-K"},"closingCurrentLiabilities":{"value":101805000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","form":"10-K"},"closingCapitalEmployed":{"value":607229000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":494874000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-28","accession":"0001578732-23-000013","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":214127000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","form":"10-K"},"closingCash":{"value":232670000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","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":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2019-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","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":76930000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","form":"10-K"},"incomeTaxExpense":{"value":30582000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","form":"10-K"},"pretaxIncome":{"value":107512000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","form":"10-K"},"effectiveTaxRate":{"value":0.28445196815239226,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":68995287.87484188,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":540376500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 2.042959817863467; cashConversion: 21.415572598466138; roce: 17.84367010778596

fcfMargin component 1 (2022-03-01) · fcfMargin component 2 (2022-03-01) · fcfMargin component 3 (2022-03-01)
cashConversion component 1 (2022-03-01) · cashConversion component 2 (2022-03-01) · cashConversion component 3 (2022-03-01)
roce component 1 (2022-03-01) · roce component 2 (2020-03-02) · roce component 3 (2020-03-02) · roce component 4 (2021-03-01) · roce component 5 (2021-03-01)
2018-12-3113.41125.2026.42
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":109242000,"capex":{"accession":"0001193125-21-062693","end":"2018-12-31","filed":"2021-03-01","form":"10-K","start":"2018-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-21-062693","end":"2018-12-31","filed":"2021-03-01","form":"10-K","start":"2018-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":814816000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","form":"10-K"},"netIncome":{"value":87257000,"tag":"ProfitLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","form":"10-K"},"operatingIncome":{"value":112287000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","form":"10-K"},"openingAssets":{"value":459664000,"tag":"Assets","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","form":"10-K"},"openingCurrentLiabilities":{"value":83259000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","form":"10-K"},"openingCapitalEmployed":{"value":376405000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":314888000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","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":144776000,"tag":"Liabilities","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","form":"10-K"},"openingCash":{"value":220786000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","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":"2019-03-01","accession":"0001193125-19-059132","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":566380000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","form":"10-K"},"closingCurrentLiabilities":{"value":92856000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","form":"10-K"},"closingCapitalEmployed":{"value":473524000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":409574000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-03-01","accession":"0001193125-22-060189","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":156806000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","form":"10-K"},"closingCash":{"value":214683000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","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":"2020-03-02","accession":"0001193125-20-058202","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":87257000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","form":"10-K"},"incomeTaxExpense":{"value":29963000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","form":"10-K"},"pretaxIncome":{"value":117220000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","form":"10-K"},"effectiveTaxRate":{"value":0.25561337655690153,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":83584940.7865552,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":424964500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 13.40695322624985; cashConversion: 125.19568630596972; roce: 26.422677658957394

fcfMargin component 1 (2021-03-01) · fcfMargin component 2 (2021-03-01) · fcfMargin component 3 (2021-03-01)
cashConversion component 1 (2021-03-01) · cashConversion component 2 (2021-03-01) · cashConversion component 3 (2021-03-01)
roce component 1 (2021-03-01) · roce component 2 (2019-03-01) · roce component 3 (2019-03-01) · roce component 4 (2020-03-02) · roce component 5 (2020-03-02)
2017-12-318.33116.4227.77
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":59983000,"capex":{"accession":"0001193125-20-058202","end":"2017-12-31","filed":"2020-03-02","form":"10-K","start":"2017-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-20-058202","end":"2017-12-31","filed":"2020-03-02","form":"10-K","start":"2017-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":719700000,"tag":"Revenues","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2018-03-16","accession":"0001193125-18-084734","form":"10-K"},"netIncome":{"value":51524000,"tag":"ProfitLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","form":"10-K"},"operatingIncome":{"value":96132000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","form":"10-K"},"openingAssets":{"value":394016000,"tag":"Assets","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-03-16","accession":"0001193125-18-084734","form":"10-K"},"openingCurrentLiabilities":{"value":78176000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-03-16","accession":"0001193125-18-084734","form":"10-K"},"openingCapitalEmployed":{"value":315840000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":258854000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","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":135162000,"tag":"Liabilities","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-03-16","accession":"0001193125-18-084734","form":"10-K"},"openingCash":{"value":187371000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-03-16","accession":"0001193125-18-084734","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":"2018-03-16","accession":"0001193125-18-084734","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":459664000,"tag":"Assets","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","form":"10-K"},"closingCurrentLiabilities":{"value":83259000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","form":"10-K"},"closingCapitalEmployed":{"value":376405000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":314888000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-03-01","accession":"0001193125-21-062693","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":144776000,"tag":"Liabilities","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","form":"10-K"},"closingCash":{"value":220786000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","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":"2019-03-01","accession":"0001193125-19-059132","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":51524000,"tag":"NetIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":47702000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","form":"10-K"},"pretaxIncome":{"value":99226000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","form":"10-K"},"effectiveTaxRate":{"value":0.48074093483562774,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":49917412.45238143,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":346122500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"fcfMargin":{"fcfTotal":{"value":59983000,"capex":{"accession":"0001193125-20-058202","end":"2017-12-31","filed":"2020-03-02","form":"10-K","start":"2017-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-20-058202","end":"2017-12-31","filed":"2020-03-02","form":"10-K","start":"2017-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":719700000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","form":"10-K"}}}}; fcfMargin: 8.334444907600389; cashConversion: 116.41759180187874; roce: 27.773981755014482

fcfMargin component 1 (2020-03-02) · fcfMargin component 2 (2020-03-02) · fcfMargin component 3 (2020-03-02)
cashConversion component 1 (2020-03-02) · cashConversion component 2 (2020-03-02) · cashConversion component 3 (2020-03-02)
roce component 1 (2020-03-02) · roce component 2 (2018-03-16) · roce component 3 (2018-03-16) · roce component 4 (2019-03-01) · roce component 5 (2019-03-01)
2016-12-319.06100.5537.90
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":65013000,"capex":{"accession":"0001193125-19-059132","end":"2016-12-31","filed":"2019-03-01","form":"10-K","start":"2016-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-19-059132","end":"2016-12-31","filed":"2019-03-01","form":"10-K","start":"2016-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":717450000,"tag":"Revenues","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2018-03-16","accession":"0001193125-18-084734","form":"10-K"},"netIncome":{"value":64657000,"tag":"ProfitLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","form":"10-K"},"operatingIncome":{"value":106501000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","form":"10-K"},"openingAssets":{"value":321225000,"tag":"Assets","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","form":"10-K"},"openingCurrentLiabilities":{"value":75011000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","form":"10-K"},"openingCapitalEmployed":{"value":246214000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":188990000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2015-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","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":132235000,"tag":"Liabilities","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","form":"10-K"},"openingCash":{"value":96185000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2015-12-31","filed":"2018-03-16","accession":"0001193125-18-084734","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":"0001193125-17-084360","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":394016000,"tag":"Assets","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-03-16","accession":"0001193125-18-084734","form":"10-K"},"closingCurrentLiabilities":{"value":78176000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-03-16","accession":"0001193125-18-084734","form":"10-K"},"closingCapitalEmployed":{"value":315840000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":258854000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-03-02","accession":"0001193125-20-058202","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":135162000,"tag":"Liabilities","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-03-16","accession":"0001193125-18-084734","form":"10-K"},"closingCash":{"value":187371000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-03-16","accession":"0001193125-18-084734","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":"2018-03-16","accession":"0001193125-18-084734","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":64657000,"tag":"NetIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":42445000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","form":"10-K"},"pretaxIncome":{"value":107102000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","form":"10-K"},"effectiveTaxRate":{"value":0.39630445743310116,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":64294178.97891729,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":281027000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"fcfMargin":{"fcfTotal":{"value":65013000,"capex":{"accession":"0001193125-19-059132","end":"2016-12-31","filed":"2019-03-01","form":"10-K","start":"2016-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-19-059132","end":"2016-12-31","filed":"2019-03-01","form":"10-K","start":"2016-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":717450000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","form":"10-K"}}}}; fcfMargin: 9.061676771900482; cashConversion: 100.55059776976971; roce: 37.89707038825451

fcfMargin component 1 (2019-03-01) · fcfMargin component 2 (2019-03-01) · fcfMargin component 3 (2019-03-01)
cashConversion component 1 (2019-03-01) · cashConversion component 2 (2019-03-01) · cashConversion component 3 (2019-03-01)
roce component 1 (2019-03-01) · roce component 2 (2017-03-16) · roce component 3 (2017-03-16) · roce component 4 (2018-03-16) · roce component 5 (2018-03-16)
2015-12-31UnavailableUnavailable55.57
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"revenue":{"value":689055000,"tag":"Revenues","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","form":"10-K"},"netIncome":{"value":66350000,"tag":"NetIncomeLoss","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","form":"10-K"},"operatingIncome":{"value":114651000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","form":"10-K"},"openingAssets":{"value":233604000,"tag":"Assets","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"openingCurrentLiabilities":{"value":67204000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"openingCapitalEmployed":{"value":166400000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":116809000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2014-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","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":116795000,"tag":"Liabilities","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"openingCash":{"value":149159000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2014-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","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":"2016-03-15","accession":"0001193125-16-504193","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":321225000,"tag":"Assets","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","form":"10-K"},"closingCurrentLiabilities":{"value":75011000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","form":"10-K"},"closingCapitalEmployed":{"value":246214000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":188990000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2015-12-31","filed":"2019-03-01","accession":"0001193125-19-059132","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":132235000,"tag":"Liabilities","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","form":"10-K"},"closingCash":{"value":96185000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2015-12-31","filed":"2018-03-16","accession":"0001193125-18-084734","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":"0001193125-17-084360","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":66350000,"tag":"NetIncomeLoss","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":47018000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","form":"10-K"},"pretaxIncome":{"value":113368000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","form":"10-K"},"effectiveTaxRate":{"value":0.4147378448945029,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":67100891.34500034,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":206307000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: Stored FCF total has no matching annual OCF/capex duration; cashConversion: Stored FCF total has no matching annual OCF/capex duration; roce: 55.573005278541196

fcfMargin component 1 (2017-03-16)
cashConversion component 1 (2017-03-16)
roce component 1 (2017-03-16) · roce component 2 (2016-03-15) · roce component 3 (2016-03-15) · roce component 4 (2017-03-16) · roce component 5 (2017-03-16)
2014-12-31UnavailableUnavailable61.10
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"revenue":{"value":572188000,"tag":"Revenues","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"netIncome":{"value":49531000,"tag":"NetIncomeLoss","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"operatingIncome":{"value":84606000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"openingAssets":{"value":167309000,"tag":"Assets","unit":"USD","start":null,"end":"2013-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","form":"10-K"},"openingCurrentLiabilities":{"value":56760000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2013-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","form":"10-K"},"openingCapitalEmployed":{"value":110549000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":62497000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2013-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","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":104812000,"tag":"Liabilities","unit":"USD","start":null,"end":"2013-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","form":"10-K"},"openingCash":{"value":100952000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2013-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","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":"2015-03-09","accession":"0001193125-15-083184","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":233604000,"tag":"Assets","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"closingCurrentLiabilities":{"value":67204000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"closingCapitalEmployed":{"value":166400000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":116809000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2014-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","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":116795000,"tag":"Liabilities","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"closingCash":{"value":149159000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2014-12-31","filed":"2017-03-16","accession":"0001193125-17-084360","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":"2016-03-15","accession":"0001193125-16-504193","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":49531000,"tag":"NetIncomeLoss","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":33452000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"pretaxIncome":{"value":82983000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"effectiveTaxRate":{"value":0.4031187110613017,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":50499738.331947505,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":138474500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: Stored FCF total has no matching annual OCF/capex duration; cashConversion: Stored FCF total has no matching annual OCF/capex duration; roce: 61.098613824205906

fcfMargin component 1 (2016-03-15)
cashConversion component 1 (2016-03-15)
roce component 1 (2016-03-15) · roce component 2 (2015-03-09) · roce component 3 (2015-03-09) · roce component 4 (2016-03-15) · roce component 5 (2016-03-15)
2013-12-3121.141,122.9529.19
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":92149000,"capex":{"accession":"0001193125-16-504193","end":"2013-12-31","filed":"2016-03-15","form":"10-K","start":"2013-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-14-110596","end":"2013-12-31","filed":"2014-03-21","form":"10-K","start":"2013-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":435895000,"tag":"Revenues","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"netIncome":{"value":8206000,"tag":"NetIncomeLoss","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"operatingIncome":{"value":21286000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"openingAssets":{"value":89733000,"tag":"Assets","unit":"USD","start":null,"end":"2012-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"openingCurrentLiabilities":{"value":54453000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2012-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"openingCapitalEmployed":{"value":35280000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":21630000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2012-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","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":68103000,"tag":"Liabilities","unit":"USD","start":null,"end":"2012-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"openingCash":{"value":3107000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2012-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","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":"2014-03-21","accession":"0001193125-14-110596","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":167309000,"tag":"Assets","unit":"USD","start":null,"end":"2013-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","form":"10-K"},"closingCurrentLiabilities":{"value":56760000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2013-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","form":"10-K"},"closingCapitalEmployed":{"value":110549000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":62497000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2013-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","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":104812000,"tag":"Liabilities","unit":"USD","start":null,"end":"2013-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","form":"10-K"},"closingCash":{"value":100952000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2013-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","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":"2015-03-09","accession":"0001193125-15-083184","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":8206000,"tag":"NetIncomeLoss","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":13735000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"pretaxIncome":{"value":21941000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","form":"10-K"},"effectiveTaxRate":{"value":0.625996991932911,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":7961028.029716056,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":72914500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"fcfMargin":{"fcfTotal":{"value":92149000,"ocf":{"tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"capex":{"tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"}},"revenue":{"value":435895000,"tag":"Revenues","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"}},"cashConversion":{"fcfTotal":{"value":92149000,"ocf":{"tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"capex":{"tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"}},"netIncome":{"value":8206000,"tag":"NetIncomeLoss","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"}}}}; fcfMargin: 21.140182842198236; cashConversion: 1122.9466244211553; roce: 29.193096023424697

fcfMargin component 1 (2014-03-21) · fcfMargin component 2 (2014-03-21) · fcfMargin component 3 (2014-03-21)
cashConversion component 1 (2014-03-21) · cashConversion component 2 (2014-03-21) · cashConversion component 3 (2014-03-21)
roce component 1 (2016-03-15) · roce component 2 (2014-03-21) · roce component 3 (2014-03-21) · roce component 4 (2015-03-09) · roce component 5 (2015-03-09)
2012-12-317.98110.23Unavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":30791000,"capex":{"accession":"0001193125-15-083184","end":"2012-12-31","filed":"2015-03-09","form":"10-K","start":"2012-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-14-110596","end":"2012-12-31","filed":"2014-03-21","form":"10-K","start":"2012-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":385716000,"tag":"Revenues","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","form":"10-K"},"netIncome":{"value":27934000,"tag":"NetIncomeLoss","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","form":"10-K"},"operatingIncome":{"value":49008000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2011-12-31"},"openingParentEquity":{"value":20157000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2011-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","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":3158000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2011-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","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":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":89733000,"tag":"Assets","unit":"USD","start":null,"end":"2012-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"closingCurrentLiabilities":{"value":54453000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2012-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"closingCapitalEmployed":{"value":35280000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":21630000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2012-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","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":68103000,"tag":"Liabilities","unit":"USD","start":null,"end":"2012-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"closingCash":{"value":3107000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2012-12-31","filed":"2016-03-15","accession":"0001193125-16-504193","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":"2014-03-21","accession":"0001193125-14-110596","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":27934000,"tag":"NetIncomeLoss","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":21507000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","form":"10-K"},"pretaxIncome":{"value":49441000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","form":"10-K"},"effectiveTaxRate":{"value":0.43500333731113855,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":27689356.44505572,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"fcfMargin":{"fcfTotal":{"value":30791000,"ocf":{"tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"capex":{"tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"}},"revenue":{"value":385716000,"tag":"Revenues","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"}},"cashConversion":{"fcfTotal":{"value":30791000,"ocf":{"tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"capex":{"tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"}},"netIncome":{"value":27934000,"tag":"NetIncomeLoss","unit":"USD","start":"2012-01-01","end":"2012-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"}}}}; fcfMargin: 7.9828163726679735; cashConversion: 110.22767953032147; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2011-12-31

fcfMargin component 1 (2014-03-21) · fcfMargin component 2 (2014-03-21) · fcfMargin component 3 (2014-03-21)
cashConversion component 1 (2014-03-21) · cashConversion component 2 (2014-03-21) · cashConversion component 3 (2014-03-21)
roce component 1 (2015-03-09) · roce component 2 (2014-03-21) · roce component 3 (2014-03-21)
2011-12-315.36109.54Unavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":14733000,"capex":{"accession":"0001193125-14-110596","end":"2011-12-31","filed":"2014-03-21","form":"10-K","start":"2011-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001193125-14-110596","end":"2011-12-31","filed":"2014-03-21","form":"10-K","start":"2011-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":274705000,"tag":"Revenues","unit":"USD","start":"2011-01-01","end":"2011-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"netIncome":{"value":13450000,"tag":"NetIncomeLoss","unit":"USD","start":"2011-01-01","end":"2011-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"operatingIncome":{"value":23455000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2011-01-01","end":"2011-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2010-12-31"},"openingParentEquity":{"value":21698000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2010-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","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":4932000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2010-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","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":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 2011-12-31"},"closingParentEquity":{"value":20157000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2011-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","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":3158000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2011-12-31","filed":"2015-03-09","accession":"0001193125-15-083184","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":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":13450000,"tag":"NetIncomeLoss","unit":"USD","start":"2011-01-01","end":"2011-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":10355000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2011-01-01","end":"2011-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"pretaxIncome":{"value":23805000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2011-01-01","end":"2011-12-31","filed":"2014-03-21","accession":"0001193125-14-110596","form":"10-K"},"effectiveTaxRate":{"value":0.4349926486032346,"inputNames":["incomeTaxExpense","pretaxIncome"]},"nopat":{"value":13252247.427011132,"inputNames":["operatingIncome","effectiveTaxRate"]},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 5.363207804735989; cashConversion: 109.53903345724908; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed, closingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2010-12-31; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2011-12-31

fcfMargin component 1 (2014-03-21) · fcfMargin component 2 (2014-03-21) · fcfMargin component 3 (2014-03-21)
cashConversion component 1 (2014-03-21) · cashConversion component 2 (2014-03-21) · cashConversion component 3 (2014-03-21)
roce component 1 (2014-03-21)

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
2025-12-31755,156,000.00-1.82-0.25
Inputs & filings

revenue: 755156000; operatingIncome: -13711000; netIncome: -1909000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2024-12-31696,060,000.00-4.73-1.78
Inputs & filings

revenue: 696060000; operatingIncome: -32909000; netIncome: -12362000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2023-12-31645,927,000.00-9.19-5.27
Inputs & filings

revenue: 645927000; operatingIncome: -59368000; netIncome: -34035000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2022-12-311,301,710,000.0010.568.01
Inputs & filings

revenue: 1301710000; operatingIncome: 137401000; netIncome: 104225000

revenue (2025-02-27)
operatingIncome (2025-02-27)
netIncome (2025-02-27)
2021-12-311,296,440,000.0014.6110.99
Inputs & filings

revenue: 1296440000; operatingIncome: 189356000; netIncome: 142470000

revenue (2024-02-27)
operatingIncome (2024-02-27)
netIncome (2024-02-27)
2020-12-31716,906,000.007.485.98
Inputs & filings

revenue: 716906000; operatingIncome: 53614000; netIncome: 42838000

revenue (2023-02-28)
operatingIncome (2023-02-28)
netIncome (2023-02-28)
2019-12-31806,428,000.0011.969.54
Inputs & filings

revenue: 806428000; operatingIncome: 96423000; netIncome: 76930000

revenue (2022-03-01)
operatingIncome (2022-03-01)
netIncome (2022-03-01)
2018-12-31814,816,000.0013.7810.71
Inputs & filings

revenue: 814816000; operatingIncome: 112287000; netIncome: 87257000

revenue (2021-03-01)
operatingIncome (2021-03-01)
netIncome (2021-03-01)
2017-12-31719,700,000.0013.367.16
Inputs & filings

revenue: 719700000; operatingIncome: 96132000; netIncome: 51524000

revenue (2018-03-16)
operatingIncome (2020-03-02)
netIncome (2020-03-02)
2016-12-31717,450,000.0014.849.01
Inputs & filings

revenue: 717450000; operatingIncome: 106501000; netIncome: 64657000

revenue (2018-03-16)
operatingIncome (2019-03-01)
netIncome (2019-03-01)
2015-12-31689,055,000.0016.649.63
Inputs & filings

revenue: 689055000; operatingIncome: 114651000; netIncome: 66350000

revenue (2017-03-16)
operatingIncome (2017-03-16)
netIncome (2017-03-16)
2014-12-31572,188,000.0014.798.66
Inputs & filings

revenue: 572188000; operatingIncome: 84606000; netIncome: 49531000

revenue (2016-03-15)
operatingIncome (2016-03-15)
netIncome (2016-03-15)
2013-12-31435,895,000.004.881.88
Inputs & filings

revenue: 435895000; operatingIncome: 21286000; netIncome: 8206000

revenue (2016-03-15)
operatingIncome (2016-03-15)
netIncome (2016-03-15)
2012-12-31385,716,000.0012.717.24
Inputs & filings

revenue: 385716000; operatingIncome: 49008000; netIncome: 27934000

revenue (2015-03-09)
operatingIncome (2015-03-09)
netIncome (2015-03-09)
2011-12-31274,705,000.008.544.90
Inputs & filings

revenue: 274705000; operatingIncome: 23455000; netIncome: 13450000

revenue (2014-03-21)
operatingIncome (2014-03-21)
netIncome (2014-03-21)

Marcus & Millichap, Inc. (MMI) P/E ratio history

The interactive P/E chart contains all 676 stored weekly price points (2013-11-01–2026-10-08); 522 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

10 eligible fiscal-year-end observations span 2013-12-31–2022-12-31. Latest eligible diluted P/E: 13.30×; basic P/E: 13.20×, for fiscal end 2022-12-31, using the close on 2022-12-30.

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 (15 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
2025-12-312025-12-2627.54Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2024-12-312024-12-2737.96Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2023-12-312023-12-2943.68Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2022-12-312022-12-3034.45Adjusted close13.2013.30Basic EPS (2025-02-27) Diluted EPS (2025-02-27)
2021-12-312021-12-3149.79Adjusted close13.9514.03Basic EPS (2024-02-27) Diluted EPS (2024-02-27)
2020-12-312020-12-3136.03Adjusted close33.3633.36Basic EPS (2023-02-28) Diluted EPS (2023-02-28)
2019-12-312019-12-2736.00Adjusted close18.4618.46Basic EPS (2022-03-01) Diluted EPS (2022-03-01)
2018-12-312018-12-2833.12Adjusted close14.8514.92Basic EPS (2021-03-01) Diluted EPS (2021-03-01)
2017-12-312017-12-2931.55Adjusted close23.9123.91Basic EPS (2020-03-02) Diluted EPS (2020-03-02)
2016-12-312016-12-3025.86Adjusted close15.5815.58Basic EPS (2019-03-01) Diluted EPS (2019-03-01)
2015-12-312015-12-3128.20Adjusted close16.4916.68Basic EPS (2018-03-16) Diluted EPS (2018-03-16)
2014-12-312014-12-2632.31Adjusted close25.4425.44Basic EPS (2017-03-16) Diluted EPS (2017-03-16)
2013-12-312013-12-2714.21Adjusted close59.1959.19Basic EPS (2016-03-15) Diluted EPS (2016-03-15)
2012-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable
2011-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable

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