Quanta Services, Inc.

PWR

PWRQuanta Services, Inc. US flag

New York Stock Exchange

707.74

USD

+24.45

- -

106.20BMarket Cap

Income Statement (USD)

MCP API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	4,194	5,920	6,412	7,747	7,572	7,651	9,466	11,171	12,112	11,203	12,980	17,074	20,882	23,673	28,480
+ Sales & Services Revenue	4,194	5,920	6,412	7,747	7,572	7,651	9,466	11,171	12,112	11,203	12,980	17,074	20,882	23,673	28,480
- Cost of Revenue	3,632	4,983	5,425	6,578	6,649	6,638	8,225	9,691	10,512	9,542	11,027	14,545	17,945	20,162	24,205
+ Cost of Goods & Services	3,632	4,983	5,425	6,578	6,649	6,638	8,225	9,691	10,512	9,542	11,027	14,545	17,945	20,162	24,205
Gross Profit	562	938	987	1,169	924	1,014	1,242	1,480	1,600	1,661	1,953	2,529	2,937	3,511	4,275
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	367	473	511	740	628	685	810	902	1,018	1,052	1,321	1,691	1,844	2,208	2,688
+ Selling, General & Admin	338	435	485	705	593	653	778	858	956	975	1,156	1,337	1,555	1,825	2,189
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	29	38	26	34	35	32	32	44	62	77	165	354	289	383	499
Operating Income (Loss)	195	465	476	429	296	329	432	578	582	609	632	838	1,093	1,303	1,587
- Non-Operating (Income) Loss	1	1	-112	2	67	21	78	121	10	38	9	135	123	91	198
+ Interest Expense, Net	1	2	-1	1	7	12	20	35	66	43	66	122	176	170	246
+ Interest Expense	2	4	3	5	8	15	21	37	67	45	69	124	187	203	261
- Interest Income	1	1	3	4	1	2	1	2	1	2	3	3	11	32	16
+ Other Non-Op (Income) Loss	1	-2	-112	1	61	9	58	85	-56	-5	-57	13	-53	-79	-48
Pretax Income	194	465	588	427	229	308	354	458	572	571	623	704	970	1,212	1,390
- Income Tax Expense (Benefit)	63	159	197	139	97	107	36	162	165	119	131	192	219	285	348
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	130	306	391	288	131	200	318	296	407	452	492	512	751	927	1,042
- Net Extraordinary Losses (Gains)	10	15	9	9	-169	4	6	5	10	13	12	41	12	45	27
+ Discontinued Operations	14	17	30	27	191	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-4	-2	-21	-18	-359	4	6	5	10	13	12	41	12	45	27
Income (Loss) Incl. MI	121	291	383	278	300	197	312	291	397	439	480	471	739	882	1,015
- Minority Interest	-12	-16	-19	-18	-11	-2	-3	-3	-5	-6	-6	-20	-6	-22	-14
Net Income, GAAP	133	307	402	297	311	198	315	293	402	446	486	491	745	905	1,028
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	133	307	402	297	311	198	315	293	402	446	486	491	745	905	1,028
EBIT	195	465	476	429	296	329	432	578	582	609	632	838	1,093	1,303	1,587
EBITDA	334	623	621	604	494	531	648	825	862	911	1,053	1,483	1,707	2,045	2,497
EBITDA Margin (%)	7.96	10.53	9.68	7.8	6.52	6.94	6.84	7.38	7.12	8.13	8.11	8.69	8.17	8.64	8.77
EBITA	195	465	476	429	296	329	432	578	582	609	632	838	1,093	1,303	1,587
Gross Margin (%)	13.39	15.84	15.39	15.09	12.2	13.25	13.12	13.25	13.21	14.83	15.05	14.81	14.07	14.83	15.01
Operating Margin (%)	4.65	7.86	7.42	5.54	3.91	4.3	4.56	5.18	4.81	5.44	4.87	4.91	5.23	5.5	5.57
Profit Margin (%)	3.16	5.18	6.27	3.83	4.11	2.59	3.33	2.63	3.32	3.98	3.74	2.88	3.57	3.82	3.61
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	0.16	0.2	0.24	0.29	0.33	0.37	0.41
Depreciation Expense	139	158	145	175	198	202	216	247	280	302	421	645	614	742	910
Basic Weighted Avg Shares	213	213	215	220	195	157	156	153	146	141	141	143	145	147	149
Basic EPS, GAAP	0.62	1.44	1.87	1.35	1.59	1.26	2.02	1.92	2.76	3.15	3.45	3.42	5.13	6.16	6.91
Basic EPS from Cont Ops	0.61	1.44	1.82	1.31	0.67	1.27	2.04	1.94	2.79	3.2	3.49	3.57	5.17	6.31	7
Diluted Weighted Avg Shares	213	213	215	220	195	157	157	154	148	145	145	148	149	150	151
Diluted EPS, GAAP	0.62	1.44	1.87	1.35	1.59	1.26	2	1.9	2.73	3.07	3.34	3.32	5	6.03	6.8
Diluted EPS from Cont Ops	0.61	1.44	1.82	1.31	0.67	1.27	2.02	1.92	2.76	3.11	3.38	3.46	5.04	6.18	6.89

Balance Sheet (USD)

MCP API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	1,765	2,202	2,313	2,496	2,278	2,289	2,870	3,326	3,831	3,588	4,733	5,536	7,677	7,851	9,903
+ Cash, Cash Equivalents & STI	315	395	489	191	129	112	138	79	165	185	229	429	1,290	742	440
+ Cash & Cash Equivalents	315	395	489	191	129	112	138	79	165	185	229	429	1,290	742	440
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	1,149	1,671	1,653	2,092	1,939	1,973	2,482	2,932	3,349	3,170	4,204	4,755	5,824	6,380	8,369
+ Accounts Receivable, Net	960	1,328	1,439	1,801	1,621	1,500	1,985	2,355	2,748	2,716	3,400	3,675	4,411	5,171	6,847
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	189	343	213	290	318	473	497	577	601	454	803	1,080	1,413	1,209	1,522
+ Inventories	63	38	32	39	75	89	81	108	56	50	85	103	176	260	370
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	63	38	32	39	75	89	81	108	56	50	85	103	176	260	370
+ Other ST Assets	238	98	140	175	135	115	168	208	261	183	215	250	387	469	724
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	2,934	2,939	3,480	3,758	2,936	3,065	3,610	3,750	4,501	4,810	8,123	7,928	8,560	10,833	15,023
+ Property, Plant & Equip, Net	939	1,046	1,206	1,100	1,102	1,174	1,289	1,276	1,671	1,818	2,160	2,260	2,586	3,000	3,856
+ Property, Plant & Equip	1,414	1,601	1,838	1,751	1,857	2,037	2,270	2,368	2,921	3,190	3,664	3,911	4,408	4,962	6,104
- Accumulated Depreciation	475	555	632	652	755	863	981	1,092	1,250	1,372	1,503	1,651	1,821	1,961	2,248
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	1,995	1,893	2,274	2,658	1,834	1,891	2,322	2,474	2,830	2,992	5,962	5,668	5,974	7,833	11,167
+ Total Intangible Assets	1,672	1,721	1,989	1,840	1,758	1,790	2,132	2,180	2,436	2,557	5,330	5,045	5,408	7,177	10,223
+ Goodwill	1,471	1,538	1,781	1,597	1,553	1,603	1,869	1,900	2,023	2,121	3,529	3,587	4,046	5,316	7,317
+ Other Intangible Assets	201	184	208	244	205	187	263	280	414	436	1,801	1,459	1,362	1,861	2,906
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	323	172	286	818	76	101	190	294	393	436	632	623	566	656	944
Total Assets	4,699	5,141	5,793	6,254	5,214	5,354	6,480	7,076	8,332	8,398	12,855	13,464	16,237	18,684	24,927
+ Payables & Accruals	458	573	600	647	615	713	816	995	1,140	1,132	1,708	1,684	2,535	3,070	3,798
+ Accounts Payable	317	374	413	477	452	530	633	787	799	798	1,251	1,302	2,028	2,096	2,833
+ Accrued Taxes	48	86	74	21	4	41	20	49	87	63	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	94	113	113	149	159	143	164	160	254	271	456	382	507	974	965
+ ST Debt	- -	- -	1	9	7	8	1	66	167	100	107	112	613	157	878
+ ST Borrowings	- -	- -	1	9	7	8	1	66	75	15	29	37	535	63	764
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	92	85	78	74	78	94	114
+ Other ST Liabilities	323	308	441	450	582	484	675	745	956	907	1,350	1,611	2,065	2,801	4,040
+ Deferred Revenue	160	196	262	264	407	290	449	466	639	529	803	1,142	1,539	2,149	3,258
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	16	31	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	164	112	163	155	174	194	225	279	316	378	547	469	526	652	782
Total Current Liabilities	781	881	1,042	1,106	1,204	1,205	1,492	1,806	2,263	2,139	3,165	3,406	5,213	6,029	8,716
+ LT Debt	- -	- -	1	72	475	354	671	1,041	1,489	1,353	3,895	3,864	3,850	4,322	5,541
+ LT Borrowings	- -	- -	1	72	475	354	671	1,041	1,292	1,174	3,724	3,692	3,664	4,100	5,231
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	197	179	170	172	187	222	310
+ Other LT Liabilities	529	488	508	549	447	453	522	624	526	558	678	795	890	1,004	1,642
+ Accrued Liabilities	234	225	244	216	186	193	179	219	215	166	191	228	254	353	503
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	295	263	264	333	260	260	342	405	311	391	487	568	636	650	1,140
Total Noncurrent Liabilities	529	488	509	622	922	806	1,192	1,664	2,015	1,911	4,573	4,659	4,741	5,326	7,183
Total Liabilities	1,310	1,369	1,552	1,728	2,126	2,011	2,685	3,470	4,278	4,049	7,738	8,066	9,954	11,354	15,899
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	3,216	3,287	3,417	3,593	3,498	1,749	1,889	1,967	2,025	2,170	2,615	2,719	3,003	3,444	4,279
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	3,216	3,287	3,417	3,593	3,498	1,749	1,889	1,967	2,025	2,170	2,615	2,719	3,003	3,444	4,279
- Treasury Stock	196	203	215	322	1,795	14	85	554	587	858	980	1,188	1,306	1,461	1,707
+ Retained Earnings	362	668	1,070	1,367	1,678	1,876	2,191	2,477	2,854	3,265	3,715	4,163	4,858	5,707	6,674
+ Other Equity	1	14	-37	-123	-295	-272	-203	-286	-242	-233	-238	-311	-283	-373	-307
Equity Before Minority Interest	3,382	3,767	4,234	4,514	3,085	3,339	3,792	3,604	4,050	4,344	5,112	5,383	6,272	7,318	8,938
+ Minority/Non Controlling Interest	7	5	7	11	2	3	4	1	4	5	5	15	11	12	90
Total Equity	3,389	3,772	4,241	4,526	3,088	3,343	3,796	3,605	4,054	4,349	5,117	5,399	6,283	7,330	9,028
Total Liabilities & Equity	4,699	5,141	5,793	6,254	5,214	5,354	6,480	7,076	8,332	8,398	12,855	13,464	16,237	18,684	24,927
Shares Outstanding	206	213	213	211	153	145	153	141	142	138	143	143	146	148	150
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	289	264	249	246	265	317	424
Net Debt	-315	-395	-487	-109	354	249	534	1,027	1,202	1,004	3,525	3,301	2,908	3,420	5,555
Net Debt to Equity	-9.3	-10.46	-11.47	-2.41	11.45	7.45	14.06	28.5	29.66	23.1	68.88	61.15	46.29	46.67	61.54
Tangible Common Equity Ratio	56.73	59.97	59.21	60.84	38.49	43.56	38.26	29.12	27.44	30.68	-2.83	4.2	8.08	1.33	-8.13
Current Ratio	2.26	2.5	2.22	2.26	1.89	1.9	1.92	1.84	1.69	1.68	1.5	1.63	1.47	1.3	1.14
Cash Conversion Cycle	65.01	48.81	54.63	53.63	60.23	52.01	45.13	47.79	52.06	60.49	54.42	45.98	39.77	40.64	44.77

Cash Flow Statement (USD)

MCP API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	130	306	391	288	131	200	318	296	407	452	492	512	751	927	1,042
+ Depreciation & Amortization	139	158	145	175	198	202	216	247	280	302	421	645	614	742	910
+ Non-Cash Items	11	40	-104	174	78	37	79	217	-4	35	127	204	149	165	262
+ Stock-Based Compensation	19	26	34	37	37	43	46	52	52	92	88	106	127	151	182
+ Deferred Income Taxes	1	23	-26	23	-19	-16	-32	62	-8	-60	26	42	4	-8	- -
+ Asset Impairment Charge	- -	- -	- -	- -	58	8	58	49	14	18	6	14	- -	- -	- -
+ Other Non-Cash Adj	-9	-8	-112	114	2	2	7	53	-62	-15	7	42	18	23	80
+ Chg in Non-Cash Work Cap	-77	-337	-62	-389	222	-49	-242	-401	-157	327	-458	-230	63	246	16
+ (Inc) Dec in Accts Receiv	-335	-492	-112	-313	101	-8	-409	-569	-227	225	-580	-661	-919	-172	-1,071
+ (Inc) Dec in Inventories	-14	26	6	-4	-34	-10	14	-28	52	10	1	-19	3	-40	-122
+ (Inc) Dec in Prepaid Assets	10	-13	-10	-35	6	25	-32	-40	-60	84	-7	-16	-90	40	-241
+ Inc (Dec) in Accts Payable	202	123	19	-61	7	81	29	248	39	116	96	144	772	52	655
+ Inc (Dec) in Other	59	18	35	24	141	-137	157	-11	39	-106	32	322	297	365	795
+ Net Cash From Disc Ops	14	-61	76	63	22	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	218	106	447	311	651	390	372	359	527	1,116	582	1,130	1,576	2,081	2,230
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	9	12	15	14	26	22	23	32	31	35	50	64	69	78	52
+ Disp of Fixed Prod Assets	9	12	15	14	26	22	23	32	31	35	50	64	69	78	52
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-163	-211	-222	-247	-210	-213	-245	-14	-1	-1	-1	-1	- -	- -	- -
+ Acq of Fixed Prod Assets	-162	-209	-222	-247	-210	-213	-245	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	-2	- -	- -	- -	- -	- -	-14	-1	-1	-1	-1	- -	- -	- -
+ Cash (Repurchase) of Equity	-150	- -	- -	-93	-1,606	- -	-50	-443	-20	-247	-67	-128	- -	- -	-135
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-150	- -	- -	-93	-1,606	- -	-50	-443	-20	-247	-67	-128	- -	- -	-135
+ Net Change in LT Investment	-4	- -	- -	- -	- -	- -	- -	- -	47	14	29	21	42	29	17
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	47	14	29	21	42	29	17
+ Inc in LT Investment	-4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-80	-69	-284	-262	-113	-74	-352	-127	-388	-274	-2,591	-273	-659	-1,828	-3,201
+ Cash from Divestitures	- -	- -	- -	- -	- -	8	66	5	- -	19	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-80	-69	-284	-262	-113	-82	-418	-132	-388	-293	-2,591	-273	-659	-1,828	-3,201
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-44	254	171	-48	815	-6	1	-293	-307	-274	-386	-428	-442	-574	-699
+ Net Cash From Disc Ops	-9	308	-42	-54	825	-6	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-281	-14	-320	-543	518	-270	-572	-403	-618	-499	-2,899	-617	-990	-2,294	-3,831
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	-23	-29	-34	-41	-48	-54	-60
+ Net Cash From Debt	-1	- -	-1	47	411	-122	300	448	6,418	2,762	-1,716	9,261	817	-92	1,744
+ Cash From Debt	4	1,053	342	943	3,354	2,747	2,932	4,526	12,351	6,957	6,815	18,600	36,358	21,123	54,523
+ Repayments of Debt	-6	-1,053	-342	-897	-2,944	-2,870	-2,633	-4,078	-5,934	-4,195	-8,531	-9,339	-35,540	-21,215	-52,779
+ Other Financing Activities	-8	-15	-16	-12	-32	-11	-22	-21	-6,197	-3,087	4,178	-9,403	-501	-159	-274
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-159	-15	-17	-58	-1,228	-134	228	-17	178	-601	2,361	-311	268	-306	1,275
Effect of Foreign Exchange Rates	-2	2	-16	-8	-3	- -	2	- -	- -	2	- -	-1	7	-30	23
Net Changes in Cash	-222	77	110	-290	-59	-15	28	-60	87	15	45	202	855	-519	-326
EBITDA	334	623	621	604	494	531	648	825	862	911	1,053	1,483	1,707	2,045	2,497
EBITDA Margin (%)	7.96	10.53	9.68	7.8	6.52	6.94	6.84	7.38	7.12	8.13	8.11	8.69	8.17	8.64	8.77
Free Cash Flow	55	-105	225	63	441	177	127	344	526	1,115	582	1,129	1,576	2,081	2,230
Net Cash Paid for Acquisitions	80	69	284	262	113	74	352	127	388	274	2,591	273	659	1,828	3,201
Free Cash Flow to Firm	57	-102	226	67	445	187	146	368	574	1,151	636	1,220	1,721	2,236	2,426
Free Cash Flow to Equity	64	-91	239	125	878	77	450	838	6,975	3,913	-1,084	10,456	2,463	2,067	4,026
Free Cash Flow per Basic Share	0.26	-0.49	1.05	0.29	2.26	1.13	0.81	2.25	3.61	7.89	4.13	7.87	10.85	14.16	14.99
Price/Free Cash Flow	12.06	18.31	10.15	11.17	4.59	9.1	9.97	12.44	11.4	9.37	28.58	18.64	20.38	22.79	28.63
Cash Flow to Net Income	1.65	0.35	1.11	1.05	2.09	1.96	1.18	1.22	1.31	2.5	1.2	2.3	2.12	2.3	2.17
Capital Expenditures	-163	-211	-222	-247	-210	-213	-245	-14	-1	-1	-1	-1	- -	- -	- -