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Annual data and sources

NovoCure Ltd (NVCR) · Nasdaq · USD · Sector unavailable · CIK 0001645113

Annual coverage: 2013-12-31–2025-12-31 (13 periods). Financial snapshot built 2026-10-09.

NVCR 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 NovoCure Ltd
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-31
-1.22-1.22-0.68UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2024
2024-12-31
-1.56-1.56-0.64UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2023
2023-12-31
-1.95-1.95-0.94UnavailableUnavailableBasic EPS (2026-02-26)
Diluted EPS (2026-02-26)
Operating cash flow (2026-02-26) · Capex (2026-02-26)
2022
2022-12-31
-0.88-0.880.09UnavailableUnavailableBasic EPS (2025-02-27)
Diluted EPS (2025-02-27)
Operating cash flow (2025-02-27) · Capex (2025-02-27)
2021
2021-12-31
-0.56-0.560.57UnavailableUnavailableBasic EPS (2024-02-22)
Diluted EPS (2024-02-22)
Operating cash flow (2024-02-22) · Capex (2024-02-22)
2020
2020-12-31
0.200.180.77UnavailableUnavailableBasic EPS (2023-02-23)
Diluted EPS (2023-02-23)
Operating cash flow (2023-02-23) · Capex (2023-02-23)
2019
2019-12-31
-0.07-0.070.17UnavailableUnavailableBasic EPS (2022-02-24)
Diluted EPS (2022-02-24)
Operating cash flow (2022-02-24) · Capex (2022-02-24)
2018
2018-12-31
-0.69-0.69-0.09UnavailableUnavailableBasic EPS (2021-02-25)
Diluted EPS (2021-02-25)
Operating cash flow (2021-02-25) · Capex (2021-02-25)
2017
2017-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2020-02-27) · Capex (2020-02-27)
2016
2016-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2019-02-28) · Capex (2019-02-28)
2015
2015-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2018-02-22) · Capex (2018-02-22)
2014
2014-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2017-02-23) · Capex (2017-02-23)
2013
2013-12-31
UnavailableUnavailableUnavailableUnavailableUnavailableOperating cash flow (2016-03-01) · Capex (2016-03-01)

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
2025-12-315.88Unavailable
Inputs & filings

revenue: 655353000; averageDilutedShares: 111471991; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 112492667

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
periodEndShares (2026-02-26)
2024-12-315.61Unavailable
Inputs & filings

revenue: 605220000; averageDilutedShares: 107834368; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 108516819

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
periodEndShares (2026-02-26)
2023-12-314.79Unavailable
Inputs & filings

revenue: 509338000; averageDilutedShares: 106391178; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 107075754

revenue (2026-02-26)
averageDilutedShares (2026-02-26)
periodEndShares (2025-02-27)
2022-12-315.14Unavailable
Inputs & filings

revenue: 537840000; averageDilutedShares: 104660476; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 105049411

revenue (2025-02-27)
averageDilutedShares (2025-02-27)
periodEndShares (2024-02-22)
2021-12-315.17Unavailable
Inputs & filings

revenue: 535031000; averageDilutedShares: 103433274; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 103971263

revenue (2024-02-22)
averageDilutedShares (2024-02-22)
periodEndShares (2023-02-23)
2020-12-314.54Unavailable
Inputs & filings

revenue: 494366000; averageDilutedShares: 108877648; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 102334276

revenue (2023-02-23)
averageDilutedShares (2023-02-23)
periodEndShares (2022-02-24)
2019-12-313.61Unavailable
Inputs & filings

revenue: 351318000; averageDilutedShares: 97237549; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 99528435

revenue (2022-02-24)
averageDilutedShares (2022-02-24)
periodEndShares (2021-02-25)
2018-12-312.70Unavailable
Inputs & filings

revenue: 248069000; averageDilutedShares: 91828043; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 93254185

revenue (2021-02-25)
averageDilutedShares (2021-02-25)
periodEndShares (2020-02-27)
2017-12-31UnavailableUnavailable
Inputs & filings

revenue: 177026000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 89478032

revenue (2020-02-27)
periodEndShares (2019-02-28)
2016-12-31UnavailableUnavailable
Inputs & filings

revenue: 82888000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 87066446

revenue (2019-02-28)
periodEndShares (2018-02-22)
2015-12-31UnavailableUnavailable
Inputs & filings

revenue: 33087000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 83778581

revenue (2018-02-22)
periodEndShares (2017-02-23)
2014-12-31UnavailableUnavailable
Inputs & filings

revenue: 15490000; averageDilutedShares: No positive shares on the exact annual duration; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 13431414

revenue (2017-02-23)
periodEndShares (2016-03-01)
2013-12-31UnavailableUnavailable
Inputs & filings

revenue: 10359000; 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 (2016-03-01)

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
2025-12-31-11.55Unavailable-28.87
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-75679000,"capex":{"accession":"0001645113-26-000017","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001645113-26-000017","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":655353000,"tag":"Revenues","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"netIncome":{"value":-136227000,"tag":"NetIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"operatingIncome":{"value":-153800000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"openingAssets":{"value":1240784000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"openingCurrentLiabilities":{"value":756394000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"openingCapitalEmployed":{"value":484390000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":360179000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"openingTotalEquity":{"value":360179000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":880605000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"openingCash":{"value":163767000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":804326000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"closingCurrentLiabilities":{"value":223228000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"closingCapitalEmployed":{"value":581098000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":340466000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"closingTotalEquity":{"value":340466000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":463860000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"closingCash":{"value":93548000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2025-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-136227000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"incomeTaxExpense":{"value":-23000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"pretaxIncome":{"value":-136250000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":532744000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -11.547822318658799; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -28.869400687759978

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)
2024-12-31-11.44Unavailable-23.49
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-69224000,"capex":{"accession":"0001645113-26-000017","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001645113-26-000017","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":605220000,"tag":"Revenues","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"netIncome":{"value":-168627000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"operatingIncome":{"value":-170496000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"openingAssets":{"value":1146129000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001645113-25-000002","form":"10-K"},"openingCurrentLiabilities":{"value":179115000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001645113-25-000002","form":"10-K"},"openingCapitalEmployed":{"value":967014000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":362496000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":783633000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-27","accession":"0001645113-25-000002","form":"10-K"},"openingCash":{"value":240821000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1240784000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"closingCurrentLiabilities":{"value":756394000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"closingCapitalEmployed":{"value":484390000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":360179000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"closingTotalEquity":{"value":360179000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":880605000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"closingCash":{"value":163767000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-168627000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"incomeTaxExpense":{"value":37465000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"pretaxIncome":{"value":-131162000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":725702000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -11.437824262251743; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -23.493941039159324

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)
2023-12-31-19.72Unavailable-23.29
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-100429000,"capex":{"accession":"0001645113-26-000017","end":"2023-12-31","filed":"2026-02-26","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001645113-26-000017","end":"2023-12-31","filed":"2026-02-26","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":509338000,"tag":"Revenues","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"netIncome":{"value":-207043000,"tag":"NetIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"operatingIncome":{"value":-232870000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"openingAssets":{"value":1191648000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-22","accession":"0001645113-24-000006","form":"10-K"},"openingCurrentLiabilities":{"value":158777000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-22","accession":"0001645113-24-000006","form":"10-K"},"openingCapitalEmployed":{"value":1032871000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":441170000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-26","accession":"0001645113-26-000017","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":750478000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-22","accession":"0001645113-24-000006","form":"10-K"},"openingCash":{"value":115326000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-02-27","accession":"0001645113-25-000002","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: -19.717554943868315; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -23.28833907949707

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 (2024-02-22) · roce component 3 (2024-02-22) · roce component 4 (2025-02-27) · roce component 5 (2025-02-27)
2022-12-311.75Unavailable-8.82
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":9430000,"capex":{"accession":"0001645113-25-000002","end":"2022-12-31","filed":"2025-02-27","form":"10-K","start":"2022-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001645113-25-000002","end":"2022-12-31","filed":"2025-02-27","form":"10-K","start":"2022-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":537840000,"tag":"Revenues","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-27","accession":"0001645113-25-000002","form":"10-K"},"netIncome":{"value":-92534000,"tag":"NetIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-27","accession":"0001645113-25-000002","form":"10-K"},"operatingIncome":{"value":-89523000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-01-01","end":"2022-12-31","filed":"2025-02-27","accession":"0001645113-25-000002","form":"10-K"},"openingAssets":{"value":1139495000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-23","accession":"0001645113-23-000023","form":"10-K"},"openingCurrentLiabilities":{"value":142602000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-23","accession":"0001645113-23-000023","form":"10-K"},"openingCapitalEmployed":{"value":996893000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":410494000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-31","filed":"2025-02-27","accession":"0001645113-25-000002","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":729001000,"tag":"Liabilities","unit":"USD","start":null,"end":"2021-12-31","filed":"2023-02-23","accession":"0001645113-23-000023","form":"10-K"},"openingCash":{"value":208802000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-31","filed":"2024-02-22","accession":"0001645113-24-000006","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: 1.7533095344340326; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -8.821025498530863

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 (2023-02-23) · roce component 3 (2023-02-23) · roce component 4 (2024-02-22) · roce component 5 (2024-02-22)
2021-12-3110.95Unavailable-4.58
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":58586000,"capex":{"accession":"0001645113-24-000006","end":"2021-12-31","filed":"2024-02-22","form":"10-K","start":"2021-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001645113-24-000006","end":"2021-12-31","filed":"2024-02-22","form":"10-K","start":"2021-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":535031000,"tag":"Revenues","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-22","accession":"0001645113-24-000006","form":"10-K"},"netIncome":{"value":-58351000,"tag":"NetIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-22","accession":"0001645113-24-000006","form":"10-K"},"operatingIncome":{"value":-44333000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-01-01","end":"2021-12-31","filed":"2024-02-22","accession":"0001645113-24-000006","form":"10-K"},"openingAssets":{"value":1051983000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-24","accession":"0001645113-22-000011","form":"10-K"},"openingCurrentLiabilities":{"value":113612000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-24","accession":"0001645113-22-000011","form":"10-K"},"openingCapitalEmployed":{"value":938371000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":476526000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-31","filed":"2024-02-22","accession":"0001645113-24-000006","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":575457000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-24","accession":"0001645113-22-000011","form":"10-K"},"openingCash":{"value":234674000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-31","filed":"2022-02-24","accession":"0001645113-22-000011","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: 10.9500197184836; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -4.581597136101328

fcfMargin component 1 (2024-02-22) · fcfMargin component 2 (2024-02-22) · fcfMargin component 3 (2024-02-22)
cashConversion component 1 (2024-02-22) · cashConversion component 2 (2024-02-22) · cashConversion component 3 (2024-02-22)
roce component 1 (2024-02-22) · roce component 2 (2022-02-24) · roce component 3 (2022-02-24) · roce component 4 (2023-02-23) · roce component 5 (2023-02-23)
2020-12-3117.03424.984.57
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":84180000,"capex":{"accession":"0001645113-23-000023","end":"2020-12-31","filed":"2023-02-23","form":"10-K","start":"2020-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001645113-23-000023","end":"2020-12-31","filed":"2023-02-23","form":"10-K","start":"2020-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":494366000,"tag":"Revenues","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-23","accession":"0001645113-23-000023","form":"10-K"},"netIncome":{"value":19808000,"tag":"NetIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-23","accession":"0001645113-23-000023","form":"10-K"},"operatingIncome":{"value":30401000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-23","accession":"0001645113-23-000023","form":"10-K"},"openingAssets":{"value":479448000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"openingCurrentLiabilities":{"value":86311000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"openingCapitalEmployed":{"value":393137000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":217790000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-23","accession":"0001645113-23-000023","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":261658000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"openingCash":{"value":177321000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":19808000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-23","accession":"0001645113-23-000023","form":"10-K"},"incomeTaxExpense":{"value":-1706000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-23","accession":"0001645113-23-000023","form":"10-K"},"pretaxIncome":{"value":18102000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2020-01-01","end":"2020-12-31","filed":"2023-02-23","accession":"0001645113-23-000023","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":665754000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 17.02787003960628; cashConversion: 424.9798061389337; roce: 4.566401403521421

fcfMargin component 1 (2023-02-23) · fcfMargin component 2 (2023-02-23) · fcfMargin component 3 (2023-02-23)
cashConversion component 1 (2023-02-23) · cashConversion component 2 (2023-02-23) · cashConversion component 3 (2023-02-23)
roce component 1 (2023-02-23) · roce component 2 (2021-02-25) · roce component 3 (2021-02-25) · roce component 4 (2022-02-24) · roce component 5 (2022-02-24)
2019-12-314.59Unavailable-0.27
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":16135000,"capex":{"accession":"0001645113-22-000011","end":"2019-12-31","filed":"2022-02-24","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001645113-22-000011","end":"2019-12-31","filed":"2022-02-24","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":351318000,"tag":"Revenues","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-24","accession":"0001645113-22-000011","form":"10-K"},"netIncome":{"value":-7230000,"tag":"NetIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-24","accession":"0001645113-22-000011","form":"10-K"},"operatingIncome":{"value":-914000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-24","accession":"0001645113-22-000011","form":"10-K"},"openingAssets":{"value":339793000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"openingCurrentLiabilities":{"value":64560000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"openingCapitalEmployed":{"value":275233000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":112259000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-24","accession":"0001645113-22-000011","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":227534000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"openingCash":{"value":140622000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","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":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":479448000,"tag":"Assets","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"closingCurrentLiabilities":{"value":86311000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"closingCapitalEmployed":{"value":393137000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":217790000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-31","filed":"2023-02-23","accession":"0001645113-23-000023","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":261658000,"tag":"Liabilities","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"closingCash":{"value":177321000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2019-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-7230000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-24","accession":"0001645113-22-000011","form":"10-K"},"incomeTaxExpense":{"value":-1594000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-24","accession":"0001645113-22-000011","form":"10-K"},"pretaxIncome":{"value":-8824000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-02-24","accession":"0001645113-22-000011","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":334185000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 4.592705184476742; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -0.2735012044227

fcfMargin component 1 (2022-02-24) · fcfMargin component 2 (2022-02-24) · fcfMargin component 3 (2022-02-24)
cashConversion component 1 (2022-02-24) · cashConversion component 2 (2022-02-24) · cashConversion component 3 (2022-02-24)
roce component 1 (2022-02-24) · roce component 2 (2020-02-27) · roce component 3 (2020-02-27) · roce component 4 (2021-02-25) · roce component 5 (2021-02-25)
2018-12-31-3.46Unavailable-13.73
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-8576000,"capex":{"accession":"0001645113-21-000017","end":"2018-12-31","filed":"2021-02-25","form":"10-K","start":"2018-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001645113-21-000017","end":"2018-12-31","filed":"2021-02-25","form":"10-K","start":"2018-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":248069000,"tag":"Revenues","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"netIncome":{"value":-63559000,"tag":"NetIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"operatingIncome":{"value":-33672000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"openingAssets":{"value":265298000,"tag":"Assets","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","form":"10-K"},"openingCurrentLiabilities":{"value":50202000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","form":"10-K"},"openingCapitalEmployed":{"value":215096000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":113564000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":151734000,"tag":"Liabilities","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","form":"10-K"},"openingCash":{"value":78592000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","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":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":339793000,"tag":"Assets","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"closingCurrentLiabilities":{"value":64560000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"closingCapitalEmployed":{"value":275233000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":112259000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-02-24","accession":"0001645113-22-000011","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":227534000,"tag":"Liabilities","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"closingCash":{"value":140622000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2018-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","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":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":-63559000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"incomeTaxExpense":{"value":17617000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"pretaxIncome":{"value":-45942000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2018-01-01","end":"2018-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":245164500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -3.4571026609532027; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -13.734451766059117

fcfMargin component 1 (2021-02-25) · fcfMargin component 2 (2021-02-25) · fcfMargin component 3 (2021-02-25)
cashConversion component 1 (2021-02-25) · cashConversion component 2 (2021-02-25) · cashConversion component 3 (2021-02-25)
roce component 1 (2021-02-25) · roce component 2 (2019-02-28) · roce component 3 (2019-02-28) · roce component 4 (2020-02-27) · roce component 5 (2020-02-27)
2017-12-31-22.88Unavailable-17.09
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-40500000,"capex":{"accession":"0001645113-20-000025","end":"2017-12-31","filed":"2020-02-27","form":"10-K","start":"2017-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001645113-20-000025","end":"2017-12-31","filed":"2020-02-27","form":"10-K","start":"2017-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":177026000,"tag":"Revenues","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"netIncome":{"value":-61662000,"tag":"NetIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"operatingIncome":{"value":-39328000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"openingAssets":{"value":282081000,"tag":"Assets","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"openingCurrentLiabilities":{"value":36882000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"openingCapitalEmployed":{"value":245199000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":142345000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":139736000,"tag":"Liabilities","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"openingCash":{"value":99780000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2016-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":265298000,"tag":"Assets","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","form":"10-K"},"closingCurrentLiabilities":{"value":50202000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","form":"10-K"},"closingCapitalEmployed":{"value":215096000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":113564000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2017-12-31","filed":"2021-02-25","accession":"0001645113-21-000017","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":151734000,"tag":"Liabilities","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","form":"10-K"},"closingCash":{"value":78592000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2017-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","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":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":-61662000,"tag":"NetIncomeLoss","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":13165000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"pretaxIncome":{"value":-48497000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2017-01-01","end":"2017-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","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":230147500,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -22.877995322720956; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -17.088171715964762

fcfMargin component 1 (2020-02-27) · fcfMargin component 2 (2020-02-27) · fcfMargin component 3 (2020-02-27)
cashConversion component 1 (2020-02-27) · cashConversion component 2 (2020-02-27) · cashConversion component 3 (2020-02-27)
roce component 1 (2020-02-27) · roce component 2 (2018-02-22) · roce component 3 (2018-02-22) · roce component 4 (2019-02-28) · roce component 5 (2019-02-28)
2016-12-31-136.65Unavailable-44.02
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-113265000,"capex":{"accession":"0001564590-19-005146","end":"2016-12-31","filed":"2019-02-28","form":"10-K","start":"2016-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001564590-19-005146","end":"2016-12-31","filed":"2019-02-28","form":"10-K","start":"2016-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":82888000,"tag":"Revenues","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","form":"10-K"},"netIncome":{"value":-131845000,"tag":"NetIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","form":"10-K"},"operatingIncome":{"value":-115317000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","form":"10-K"},"openingAssets":{"value":307336000,"tag":"Assets","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","form":"10-K"},"openingCurrentLiabilities":{"value":28627000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","form":"10-K"},"openingCapitalEmployed":{"value":278709000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":250820000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2015-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","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":56516000,"tag":"Liabilities","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","form":"10-K"},"openingCash":{"value":119423000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2015-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","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":"2016-03-01","accession":"0001564590-16-013777","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":282081000,"tag":"Assets","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"closingCurrentLiabilities":{"value":36882000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"closingCapitalEmployed":{"value":245199000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":142345000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2016-12-31","filed":"2020-02-27","accession":"0001645113-20-000025","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":139736000,"tag":"Liabilities","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"closingCash":{"value":99780000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2016-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2016-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-131845000,"tag":"NetIncomeLoss","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":10381000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","form":"10-K"},"pretaxIncome":{"value":-121464000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2016-01-01","end":"2016-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","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":261954000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -136.648248238587; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -44.02185116470831

fcfMargin component 1 (2019-02-28) · fcfMargin component 2 (2019-02-28) · fcfMargin component 3 (2019-02-28)
cashConversion component 1 (2019-02-28) · cashConversion component 2 (2019-02-28) · cashConversion component 3 (2019-02-28)
roce component 1 (2019-02-28) · roce component 2 (2017-02-23) · roce component 3 (2017-02-23) · roce component 4 (2018-02-22) · roce component 5 (2018-02-22)
2015-12-31-315.99Unavailable-54.89
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-104551000,"capex":{"accession":"0001564590-18-002766","end":"2015-12-31","filed":"2018-02-22","form":"10-K","start":"2015-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001564590-18-002766","end":"2015-12-31","filed":"2018-02-22","form":"10-K","start":"2015-01-01","tag":"NetCashProvidedByUsedInOperatingActivitiesContinuingOperations","unit":"USD"}},"revenue":{"value":33087000,"tag":"SalesRevenueNet","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"netIncome":{"value":-111581000,"tag":"NetIncomeLoss","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"operatingIncome":{"value":-103996000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"openingAssets":{"value":117876000,"tag":"Assets","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","form":"10-K"},"openingCurrentLiabilities":{"value":17669000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","form":"10-K"},"openingCapitalEmployed":{"value":100207000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":97875000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2014-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","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":20001000,"tag":"Liabilities","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","form":"10-K"},"openingCash":{"value":57613000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2014-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","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":58676017,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","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":307336000,"tag":"Assets","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","form":"10-K"},"closingCurrentLiabilities":{"value":28627000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","form":"10-K"},"closingCapitalEmployed":{"value":278709000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":250820000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2015-12-31","filed":"2019-02-28","accession":"0001564590-19-005146","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":56516000,"tag":"Liabilities","unit":"USD","start":null,"end":"2015-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","form":"10-K"},"closingCash":{"value":119423000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2015-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","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":"2016-03-01","accession":"0001564590-16-013777","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":-111581000,"tag":"NetIncomeLoss","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":4434000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","form":"10-K"},"pretaxIncome":{"value":-107147000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2015-01-01","end":"2015-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","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":189458000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -315.9881524465802; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: -54.89132155939574

fcfMargin component 1 (2018-02-22) · fcfMargin component 2 (2018-02-22) · fcfMargin component 3 (2018-02-22)
cashConversion component 1 (2018-02-22) · cashConversion component 2 (2018-02-22) · cashConversion component 3 (2018-02-22)
roce component 1 (2018-02-22) · roce component 2 (2016-03-01) · roce component 3 (2016-03-01) · roce component 4 (2017-02-23) · roce component 5 (2017-02-23)
2014-12-31-484.78UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-75093000,"capex":{"accession":"0001564590-17-002097","end":"2014-12-31","filed":"2017-02-23","form":"10-K","start":"2014-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001564590-17-002097","end":"2014-12-31","filed":"2017-02-23","form":"10-K","start":"2014-01-01","tag":"NetCashProvidedByUsedInOperatingActivitiesContinuingOperations","unit":"USD"}},"revenue":{"value":15490000,"tag":"SalesRevenueNet","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","form":"10-K"},"netIncome":{"value":-80682000,"tag":"NetIncomeLoss","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","form":"10-K"},"operatingIncome":{"value":-80156000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","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 2013-12-31"},"openingParentEquity":{"value":171779000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2013-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","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":175894000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2013-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","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":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":117876000,"tag":"Assets","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","form":"10-K"},"closingCurrentLiabilities":{"value":17669000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","form":"10-K"},"closingCapitalEmployed":{"value":100207000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":97875000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2014-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","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":20001000,"tag":"Liabilities","unit":"USD","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","form":"10-K"},"closingCash":{"value":57613000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2014-12-31","filed":"2018-02-22","accession":"0001564590-18-002766","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":58676017,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2014-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","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":-80682000,"tag":"NetIncomeLoss","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":382000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","form":"10-K"},"pretaxIncome":{"value":-80300000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2014-01-01","end":"2014-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -484.7837314396385; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2013-12-31

fcfMargin component 1 (2017-02-23) · fcfMargin component 2 (2017-02-23) · fcfMargin component 3 (2017-02-23)
cashConversion component 1 (2017-02-23) · cashConversion component 2 (2017-02-23) · cashConversion component 3 (2017-02-23)
roce component 1 (2017-02-23) · roce component 2 (2016-03-01) · roce component 3 (2016-03-01)
2013-12-31-530.15UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-54918000,"capex":{"accession":"0001564590-16-013777","end":"2013-12-31","filed":"2016-03-01","form":"10-K","start":"2013-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001564590-16-013777","end":"2013-12-31","filed":"2016-03-01","form":"10-K","start":"2013-01-01","tag":"NetCashProvidedByUsedInOperatingActivitiesContinuingOperations","unit":"USD"}},"revenue":{"value":10359000,"tag":"SalesRevenueNet","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","form":"10-K"},"netIncome":{"value":-77370000,"tag":"NetIncomeLoss","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","form":"10-K"},"operatingIncome":{"value":-64459000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","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 2012-12-31"},"openingParentEquity":{"value":49425000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2012-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","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":34891000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2012-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","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":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 2013-12-31"},"closingParentEquity":{"value":171779000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2013-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","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":175894000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2013-12-31","filed":"2017-02-23","accession":"0001564590-17-002097","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":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":-77370000,"tag":"NetIncomeLoss","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":353000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","form":"10-K"},"pretaxIncome":{"value":-77017000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2013-01-01","end":"2013-12-31","filed":"2016-03-01","accession":"0001564590-16-013777","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -530.1476976542137; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed, closingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2012-12-31; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2013-12-31

fcfMargin component 1 (2016-03-01) · fcfMargin component 2 (2016-03-01) · fcfMargin component 3 (2016-03-01)
cashConversion component 1 (2016-03-01) · cashConversion component 2 (2016-03-01) · cashConversion component 3 (2016-03-01)
roce component 1 (2016-03-01)

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
2025-12-31655,353,000.00-23.47-20.79
Inputs & filings

revenue: 655353000; operatingIncome: -153800000; netIncome: -136227000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2024-12-31605,220,000.00-28.17-27.86
Inputs & filings

revenue: 605220000; operatingIncome: -170496000; netIncome: -168627000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2023-12-31509,338,000.00-45.72-40.65
Inputs & filings

revenue: 509338000; operatingIncome: -232870000; netIncome: -207043000

revenue (2026-02-26)
operatingIncome (2026-02-26)
netIncome (2026-02-26)
2022-12-31537,840,000.00-16.64-17.20
Inputs & filings

revenue: 537840000; operatingIncome: -89523000; netIncome: -92534000

revenue (2025-02-27)
operatingIncome (2025-02-27)
netIncome (2025-02-27)
2021-12-31535,031,000.00-8.29-10.91
Inputs & filings

revenue: 535031000; operatingIncome: -44333000; netIncome: -58351000

revenue (2024-02-22)
operatingIncome (2024-02-22)
netIncome (2024-02-22)
2020-12-31494,366,000.006.154.01
Inputs & filings

revenue: 494366000; operatingIncome: 30401000; netIncome: 19808000

revenue (2023-02-23)
operatingIncome (2023-02-23)
netIncome (2023-02-23)
2019-12-31351,318,000.00-0.26-2.06
Inputs & filings

revenue: 351318000; operatingIncome: -914000; netIncome: -7230000

revenue (2022-02-24)
operatingIncome (2022-02-24)
netIncome (2022-02-24)
2018-12-31248,069,000.00-13.57-25.62
Inputs & filings

revenue: 248069000; operatingIncome: -33672000; netIncome: -63559000

revenue (2021-02-25)
operatingIncome (2021-02-25)
netIncome (2021-02-25)
2017-12-31177,026,000.00-22.22-34.83
Inputs & filings

revenue: 177026000; operatingIncome: -39328000; netIncome: -61662000

revenue (2020-02-27)
operatingIncome (2020-02-27)
netIncome (2020-02-27)
2016-12-3182,888,000.00-139.12-159.06
Inputs & filings

revenue: 82888000; operatingIncome: -115317000; netIncome: -131845000

revenue (2019-02-28)
operatingIncome (2019-02-28)
netIncome (2019-02-28)
2015-12-3133,087,000.00-314.31-337.24
Inputs & filings

revenue: 33087000; operatingIncome: -103996000; netIncome: -111581000

revenue (2018-02-22)
operatingIncome (2018-02-22)
netIncome (2018-02-22)
2014-12-3115,490,000.00-517.47-520.87
Inputs & filings

revenue: 15490000; operatingIncome: -80156000; netIncome: -80682000

revenue (2017-02-23)
operatingIncome (2017-02-23)
netIncome (2017-02-23)
2013-12-3110,359,000.00-622.25-746.89
Inputs & filings

revenue: 10359000; operatingIncome: -64459000; netIncome: -77370000

revenue (2016-03-01)
operatingIncome (2016-03-01)
netIncome (2016-03-01)

NovoCure Ltd (NVCR) P/E ratio history

The interactive P/E chart contains all 576 stored weekly price points (2015-10-02–2026-10-08); 52 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

1 eligible fiscal-year-end observations span 2020-12-31–2020-12-31. Latest eligible diluted P/E: 961.33×; basic P/E: 865.20×, for fiscal end 2020-12-31, using the close on 2020-12-31.

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 (13 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
2025-12-312025-12-2613.48Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2024-12-312024-12-2730.70Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2023-12-312023-12-2914.93Adjusted closeUnavailableUnavailableBasic EPS (2026-02-26) Diluted EPS (2026-02-26)
2022-12-312022-12-3073.35Adjusted closeUnavailableUnavailableBasic EPS (2025-02-27) Diluted EPS (2025-02-27)
2021-12-312021-12-3175.08Adjusted closeUnavailableUnavailableBasic EPS (2024-02-22) Diluted EPS (2024-02-22)
2020-12-312020-12-31173.04Adjusted close865.20961.33Basic EPS (2023-02-23) Diluted EPS (2023-02-23)
2019-12-312019-12-2787.56Adjusted closeUnavailableUnavailableBasic EPS (2022-02-24) Diluted EPS (2022-02-24)
2018-12-312018-12-2832.84Adjusted closeUnavailableUnavailableBasic EPS (2021-02-25) Diluted EPS (2021-02-25)
2017-12-312017-12-2920.20Adjusted closeUnavailableUnavailable Source unavailable
2016-12-312016-12-307.85Adjusted closeUnavailableUnavailable Source unavailable
2015-12-312015-12-3122.36Adjusted closeUnavailableUnavailable Source unavailable
2014-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable
2013-12-31UnavailableUnavailableUnavailableUnavailableUnavailable Source unavailable

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