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General information

Country: CHINA

Sector: Lodging

Categories: @china   

Huazhu Group Limited operates a hotel operator and franchisor. The Company provides hotel leasing, directly hotel operation, and co-development services. Huazhu Group mainly conducts businesses in China.
Website: huazhu.com



Growth: Pretty weak revenue growth rate 9.9%, there is slowdown compared to average historical growth rates 41.1%. The revenue growth dynamics is moderately stable Site traffic for the last 3 months showed a change of +3.4%

Profitability: LTM EBITDA margin is positive, +30.9%. On average the margin is improving unsteadily. Gross margin is high, +41.7%. In the last quarter the company beat the estimated EPS. The company was ahead of estimated EPS in 60% of quarters (showing a gain of +$0.05 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 3.5%. Free cash flow yield 3.3% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 82.0% higher than minimum and 4.4% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 4.5x by EV / Sales multiple , the company can be 33.4% undervalued

Key Financials (Download financials)

Ticker: HTHT
Share price, USD:  (0.0%)50.16
year average price 38.95  


year start price 34.80 2025-02-13

min close price 30.48 2025-08-05

max close price 50.38 2026-01-12

current price 50.16 2026-02-12
Common stocks: 323 189 002

Dividend Yield:  3.5%
FCF Yield LTM: 3.3%
EV / LTM EBITDA: 10.9x
EV / EBITDA annualized: 14.2x
Last revenue growth (y/y):  +9.9%
Last growth of EBITDA (y/y):  +24.4%
Historical revenue growth:  +41.1%
Historical growth of EBITDA:  +79.6%
EV / Sales: 3.4x
Margin (EBITDA LTM / Revenue): 30.9%
Fundamental value created in LTM:
Market Cap ($m): 16 211
Net Debt ($m): 4 308
EV (Enterprise Value): 20 519
Price to Book: 9.4x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2025-12-29zacks.com

Are Consumer Discretionary Stocks Lagging H World Group Limited Sponsored ADR (HTHT) This Year?

2025-12-03seekingalpha.com

H World Group: Downgrade To Hold As Valuation Has Caught Up With Expectations

2025-11-17globenewswire.com

H World Group Limited Reports Third Quarter of 2025 Unaudited Financial Results

2025-11-14zacks.com

Best Growth Stocks to Buy for Nov. 14

2025-11-10zacks.com

Has H World Group Limited Sponsored ADR (HTHT) Outpaced Other Consumer Discretionary Stocks This Year?

2025-10-17wsj.com

Chinese Tourists Are Spending Less. Hotel Giant H World Says That's a Good Thing

2025-09-20prnewswire.com

H World Takes JI Hotel Brand to Malaysia and Cambodia, Strengthening Southeast Asia Presence

2025-08-26seekingalpha.com

H World: The Good And The Bad

2025-08-20seekingalpha.com

H World Group Limited (HTHT) Q2 2025 Earnings Call Transcript

2025-08-20zacks.com

H World Group (HTHT) Q2 Earnings and Revenues Surpass Estimates
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2025 q3 2025 q2 2025 q1 2024 q4 2024 q3 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q2 2021 q4 2020 q4
date 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2021-12-31 2020-12-31
symbol HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT
reportedCurrency CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY
cik 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M
fillingDate 2025-11-17 2025-09-12 2025-05-20 2024-11-26 2024-09-27 2024-03-20 2023-11-24 2023-09-28 2023-03-31 2022-09-30 2022-06-30
acceptedDate 2025-11-17 06:30:36 2025-09-12 06:45:37 2025-05-20 06:30:37 2025-04-25 07:34:51 2024-11-26 06:30:06 2024-09-27 06:03:10 2024-03-20 07:51:48 2024-04-23 06:02:58 2023-11-24 06:30:42 2023-09-28 06:03:27 2023-03-31 00:00:00 2023-04-27 07:11:03 2022-09-29 20:00:00 2022-06-29 20:00:00 2022-04-27 07:07:42 2021-04-23 08:04:14
calendarYear 2025 2025 2025 2024 2024 2024 2023 2023 2023 2022 2022
period Q3 Q2 Q1 FY Q3 Q2 Q1 FY Q3 Q2 Q1 FY Q3 Q2 FY FY
revenue 6 961M 6 426M 5 395M 23 891M 6 442M 6 148M 5 278M 21 882M 6 288M 5 530M 4 480M 13 862M 4 093M 3 382M 12 787M 10 196M
costOfRevenue 4 062M 3 752M 3 604M 14 031M 3 799M 3 731M 3 565M 14 341M 3 613M 3 482M 3 250M 12 260M 3 045M 2 972M 11 286M 9 729M
grossProfit 2 899M 2 674M 1 791M 9 860M 2 643M 2 417M 1 713M 7 541M 2 675M 2 048M 1 230M 1 602M 1 048M 410M 1 501M 467M
grossProfitRatio 0.416 0.416 0.332 0.41 0.393 0.325 0.425 0.37 0.275 0.256 0.121
researchAndDevelopmentExpenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
generalAndAdministrativeExpenses 545M 660M 512M 2 508M 672M 602M 509M 2 117M 539M 477M 425M 1 675M 405M 368M 1 547M 1 525M
sellingAndMarketingExpenses 339M 309M 243M 1 176M 303M 317M 260M 1 072M 289M 262M 195M 613M 181M 142M 641M 597M
sellingGeneralAndAdministrativeExpenses 884M 969M 755M 3 684M 975M 919M 769M 3 189M 828M 739M 620M 2 288M 586M 510M 2 188M 2 122M
otherExpenses -33M -82M -46M 976M -55M -74M 40M -362M 24M 32M -54M -392M -38M -108M -851M 31M
operatingExpenses 851M 887M 709M 4 660M 920M 845M 710M 2 827M 766M 663M 566M 1 896M 548M 402M 1 337M 2 153M
costAndExpenses 4 913M 4 639M 4 313M 18 691M 4 719M 4 576M 4 275M 17 168M 4 379M 4 145M 3 816M 14 156M 3 593M 3 374M 12 623M 11 882M
interestIncome 60M 52M 49M 210M 50M 56M 51M 248M 62M 57M 44M 87M 23M 19M 89M 119M
interestExpense 86M 91M 74M 318M 77M 84M 83M 385M 85M 94M 130M 409M 93M 90M 405M 533M
depreciationAndAmortization 319M 317M 319M 1 332M 329M 363M 345M 1 414M 358M 359M 385M 1 456M 379M 374M 1 503M 1 362M
ebitda 2 525M 2 536M 1 668M 6 455M 2 068M 1 935M 1 322M 7 148M 2 353M 1 833M 1 607M 259M 879M -185M 1 500M -384M
ebitdaratio 0.363 0.395 0.309 0.321 0.315 0.273 0.374 0.331 0.359 0.215 -0.055
operatingIncome 2 048M 1 787M 1 082M 5 200M 1 723M 1 572M 1 003M 4 714M 1 909M 1 385M 1 222M -294M 500M 8M 164M -1 686M
operatingIncomeRatio 0.294 0.278 0.201 0.267 0.256 0.19 0.304 0.25 0.273 0.122 0.002
totalOtherIncomeExpensesNet 72M 337M 193M -436M -61M -67M -46M 621M -133M 8M -13M -1 348M -756M -684M -632M -733M
incomeBeforeTax 2 120M 2 124M 1 275M 4 764M 1 662M 1 505M 957M 5 335M 1 753M 1 356M 1 209M -1 642M -256M -676M -468M -2 419M
incomeBeforeTaxRatio 0.305 0.331 0.236 0.258 0.245 0.181 0.279 0.245 0.27 -0.063 -0.2
incomeTaxExpense 648M 565M 377M 1 662M 382M 423M 279M 1 204M 421M 308M 194M 207M 434M -299M 12M -335M
netIncome 1 469M 1 544M 894M 3 048M 1 273M 1 067M 659M 4 085M 1 337M 1 015M 990M -1 813M -690M -350M -465M -2 072M
netIncomeRatio 0.211 0.24 0.166 0.198 0.174 0.125 0.213 0.184 0.221 -0.169 -0.103
eps 4.8 5 2.9 9.8 0 3.38 2.1 12.8 4.2 3.2 3.1 -5.8 -2.22 -1.1 -1.5 -7.5
epsdiluted 4.6 4.8 2.8 0 3.23 2.1 4.1 3.1 3 -2.22 -1.1
weightedAverageShsOut 308M 307M 307M 312M 0 315M 314M 326M 319M 319M 317M 311M 311M 311M 310M 292M
weightedAverageShsOutDil 325M 323M 323M 328M 0 330M 317M 335M 336M 335M 334M 311M 311M 311M 311M 293M
link Link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link Link
filingDate 2025-04-25 2024-04-23 2023-04-27 2022-04-27 2021-04-23
fiscalYear 2024 2023 2022 2021 2020
netInterestIncome -108M -137M -322M -316M -414M
ebit 5 123M 5 734M -1 197M -3M -1 746M
nonOperatingIncomeExcludingInterest 77M -1 020M 903M 167M 60M
netIncomeFromContinuingOperations 3 102M 4 131M -1 849M -480M -2 084M
netIncomeFromDiscontinuedOperations 0 0 0 0 0
otherAdjustmentsToNetIncome 0 0 0 0 0
netIncomeDeductions 0 0 0 0 0
bottomLineNetIncome 3 048M 4 085M -1 821M -465M -2 072M
epsDiluted 9.6 12.5 -5.9 -1.5 -7.5

Balance Sheet Statement

Property 2025 q3 2025 q2 2025 q1 2024 q4 2024 q3 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q2 2021 q4 2020 q4
date 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2021-12-31 2020-12-31
symbol HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT
reportedCurrency CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY USD CNY CNY CNY CNY CNY
cik 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M
fillingDate 2025-11-17 2025-09-12 2025-05-20 2024-11-26 2024-09-27 2024-03-20 2023-11-24 2023-09-28 2023-04-25 2022-09-30 2022-06-30
acceptedDate 2025-11-17 06:30:36 2025-09-12 06:45:37 2025-05-20 06:30:37 2025-04-25 07:34:51 2024-11-26 06:30:06 2024-09-27 06:03:10 2024-03-20 07:51:48 2024-04-23 06:02:58 2023-11-24 06:30:42 2023-09-28 06:03:27 2023-04-25 06:32:02 2023-04-27 07:11:03 2022-09-29 20:00:00 2022-06-29 20:00:00 2022-04-27 07:07:42 2021-04-23 08:04:14
calendarYear 2025 2025 2025 2024 2024 2024 2023 2023 2023 2022 2022
period Q3 Q2 Q1 FY Q3 Q2 Q1 FY Q3 Q2 Q1 FY Q3 Q2 FY FY
cashAndCashEquivalents 7 103M 10 145M 8 184M 7 474M 7 247M 7 801M 5 909M 6 946M 5 767M 7 316M 8 963M 3 583M 5 177M 4 642M 5 116M 7 026M
shortTermInvestments 6 053M 2 305M 2 682M 3 603M 735M 1 112M 1 657M 2 189M 2 094M 749M 96M 1 788M 1 915M 1 928M 2 589M 3 903M
cashAndShortTermInvestments 13 156M 12 450M 10 866M 11 077M 7 982M 8 913M 7 566M 9 135M 7 861M 8 065M 9 059M 5 371M 7 092M 6 570M 7 705M 10 929M
netReceivables 1 352M 1 204M 1 265M 1 228M 1 288M 840M 812M 755M 1 449M 1 190M 1 260M 1 113M 1 569M 1 778M 521M 409M
inventory 61M 62M 58M 60M 63M 61M 56M 59M 65M 65M 63M 70M 83M 88M 88M 89M
otherCurrentAssets 952M 1 952M 874M 850M 1 549M 1 653M 2 064M 2 107M 894M 725M 804M 2 490M 819M 1 021M 1 021M 1 156M
totalCurrentAssets 15 521M 15 668M 13 063M 13 215M 10 882M 11 467M 10 498M 12 056M 10 798M 10 565M 12 575M 9 178M 9 563M 9 457M 9 553M 12 882M
propertyPlantEquipmentNet 33 026M 33 087M 32 774M 32 946M 33 968M 33 749M 33 605M 33 926M 36 550M 37 455M 37 840M 37 801M 37 786M 38 238M 39 233M 37 703M
goodwill 5 457M 5 476M 5 300M 5 221M 5 309M 5 261M 5 265M 5 318M 5 242M 5 327M 5 216M 5 195M 5 069M 5 074M 5 132M 4 988M
intangibleAssets 5 235M 5 284M 5 047M 4 950M 5 478M 5 351M 5 367M 5 461M 5 509M 5 670M 5 499M 5 477M 5 441M 5 455M 5 591M 6 158M
goodwillAndIntangibleAssets 10 692M 10 760M 10 347M 10 171M 10 787M 10 612M 10 632M 10 779M 10 751M 10 997M 10 715M 10 672M 10 510M 10 529M 10 723M 11 146M
longTermInvestments 1 419M 2 301M 2 336M 2 316M 2 427M 2 499M 2 552M 2 564M 2 718M 2 199M 1 931M 1 945M 1 865M 1 893M 1 965M 1 923M
taxAssets 1 072M 1 068M 1 062M 1 054M 1 031M 0 1 036M 0 1 077M 1 082M 1 086M 1 093M 846M 845M 862M 1 266M
otherNonCurrentAssets 1 822M 1 895M 1 977M 2 850M 2 944M 4 125M 3 121M 4 207M 868M 814M 825M 818M 817M 859M 933M 878M
totalNonCurrentAssets 48 031M 49 111M 48 496M 49 337M 51 157M 50 985M 50 946M 51 476M 51 964M 52 547M 52 397M 52 329M 51 824M 52 364M 53 716M 52 916M
otherAssets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
totalAssets 63 552M 64 779M 61 559M 62 552M 62 039M 62 452M 61 444M 63 532M 62 762M 63 112M 64 972M 61 507M 61 387M 61 821M 63 269M 65 798M
accountPayables 915M 841M 838M 983M 1 026M 865M 900M 1 019M 937M 935M 915M 1 171M 810M 862M 968M 1 241M
shortTermDebt 9 379M 10 066M 4 288M 880M 4 425M 3 891M 7 737M 4 049M 7 982M 8 646M 6 717M 3 288M 8 921M 10 418M 6 232M 1 142M
taxPayables 1 213M 874M 694M 1 114M 942M 782M 553M 899M 831M 618M 381M 500M 126M 13M 418M 339M
deferredRevenue 1 868M 1 885M 1 864M 1 822M 1 812M 0 1 674M 1 637M 1 554M 1 413M 1 400M 1 308M 1 280M 1 276M 1 366M 1 272M
otherCurrentLiabilities 4 924M 5 715M 7 175M 887M 4 203M 6 321M 5 856M 6 424M 4 337M 4 751M 4 402M 2 964M 2 724M 2 980M 2 583M 3 081M
totalCurrentLiabilities 18 299M 19 381M 14 859M 13 321M 12 408M 11 859M 15 046M 17 411M 14 810M 15 745M 13 434M 13 146M 13 735M 15 549M 15 279M 10 529M
longTermDebt 27 782M 27 703M 30 836M 4 546M 31 625M 32 141M 28 356M 1 265M 30 389M 31 288M 36 875M 6 635M 36 164M 34 169M 3 385M 10 721M
deferredRevenueNonCurrent 1 572M 1 485M 1 426M 1 351M 1 285M 0 1 126M 1 072M 1 029M 936M 870M 828M 822M 779M 785M 662M
deferredTaxLiabilitiesNonCurrent 950M 961M 934M 919M 817M 0 838M 845M 840M 868M 849M 858M 798M 806M 853M 1 824M
otherNonCurrentLiabilities 2 926M 2 956M 2 882M 3 667M 3 688M 5 735M 5 644M 3 778M 1 220M 1 173M 1 114M 1 087M 27 878M 1 081M 1 047M 950M
totalNonCurrentLiabilities 33 230M 33 105M 36 078M 36 960M 37 415M 37 876M 34 000M 33 872M 33 478M 34 265M 39 708M 39 558M 38 889M 36 835M 36 946M 43 837M
otherLiabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
capitalLeaseObligations 30 475M 30 359M 29 855M 30 019M 30 659M 30 497M 30 344M 30 566M 33 162M 34 104M 34 197M 33 964M 33 850M 34 184M 34 545M 33 117M
totalLiabilities 51 529M 52 486M 50 937M 50 281M 49 823M 49 735M 49 046M 51 283M 48 288M 50 010M 53 142M 52 704M 52 624M 52 384M 52 225M 54 366M
preferredStock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
commonStock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
retainedEarnings 2 442M 2 751M 1 207M 2 449M 2 400M 2 520M 1 453M 794M 2 142M 805M -210M -1 200M -1 076M -359M 1 037M 1 502M
accumulatedOtherComprehensiveIncomeLoss 204M 262M 324M 382M 459M 331M 355M 386M 450M 474M 271M 232M 70M 63M 41M 127M
othertotalStockholdersEquity 9 234M 9 140M 8 964M 9 273M 9 731M 10 468M 11 766M 11 722M 11 688M 9 686M 9 657M
totalStockholdersEquity 11 880M 12 153M 10 495M 12 177M 12 132M 12 582M 12 276M 12 135M 14 358M 13 001M 11 749M 8 729M 8 680M 9 361M 10 935M 11 330M
totalEquity 12 023M 12 293M 10 622M 12 271M 12 216M 12 717M 12 398M 12 249M 14 474M 13 102M 11 830M 8 803M 8 680M 9 361M 11 044M 11 432M
totalLiabilitiesAndStockholdersEquity 63 552M 64 779M 61 559M 62 039M 62 452M 61 444M 62 762M 63 112M 64 972M 61 304M 61 745M
minorityInterest 143M 140M 127M 94M 84M 135M 122M 114M 116M 101M 81M 74M 0 0 109M 102M
totalLiabilitiesAndTotalEquity 63 552M 64 779M 61 559M 62 552M 62 039M 62 452M 61 444M 63 532M 62 762M 63 112M 64 972M 61 507M 61 304M 61 745M 63 269M 65 798M
totalInvestments 7 472M 4 606M 5 018M 5 919M 3 162M 3 611M 4 209M 4 753M 4 812M 2 948M 2 027M 3 733M 3 780M 3 821M 4 554M 5 826M
totalDebt 37 161M 37 769M 35 124M 35 445M 36 050M 36 032M 36 093M 35 880M 38 371M 39 934M 43 592M 43 887M 45 085M 44 587M 44 162M 44 980M
netDebt 30 058M 27 624M 26 940M 27 971M 28 803M 28 231M 30 184M 28 934M 32 604M 32 618M 34 629M 40 304M 39 908M 39 945M 39 046M 37 954M
link Link Link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link Link Link
filingDate 2025-04-25 2024-04-23 2023-04-27 2022-04-27 2021-04-23
fiscalYear 2024 2023 2022 2021 2020
accountsReceivables 817M 755M 1 113M 521M 409M
otherReceivables 411M 0 0 0 0
prepaids 0 0 134M 218M 299M
totalPayables 983M 1 019M 1 171M 968M 1 241M
otherPayables 0 0 0 0 0
accruedExpenses 5 207M 628M 601M 461M 356M
capitalLeaseObligationsCurrent 3 542M 3 654M 3 814M 3 669M 3 437M
capitalLeaseObligationsNonCurrent 26 477M 26 912M 30 150M 30 876M 29 680M
treasuryStock -274M -906M -441M -107M -107M
additionalPaidInCapital 9 620M 11 861M 10 138M 9 964M 9 808M
otherTotalStockholdersEquity 0 0 0 0 0

Cash Flow Statement

Property 2025 q3 2025 q2 2025 q1 2024 q4 2024 q3 2024 q2 2024 q1 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q2 2021 q4 2020 q4
date 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2021-12-31 2020-12-31
symbol HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT HTHT
reportedCurrency CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY CNY
cik 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M 1M
fillingDate 2025-11-17 2025-09-12 2025-05-20 2024-11-26 2024-09-27 2024-03-20 2023-11-24 2023-09-28 2023-03-31 2022-09-30 2022-06-30
acceptedDate 2025-11-17 06:30:36 2025-09-12 06:45:37 2025-05-20 06:30:37 2025-04-25 07:34:51 2024-11-26 06:30:06 2024-09-27 06:03:10 2024-03-20 07:51:48 2024-04-23 06:02:58 2023-11-24 06:30:42 2023-09-28 06:03:27 2023-03-31 00:00:00 2023-04-27 07:11:03 2022-09-29 20:00:00 2022-06-29 20:00:00 2022-04-27 07:07:42 2021-04-23 08:04:14
calendarYear 2025 2025 2025 2024 2024 2024 2023 2023 2023 2022 2022
period Q3 Q2 Q1 FY Q3 Q2 Q1 FY Q3 Q2 Q1 FY Q3 Q2 FY FY
netIncome 1 472M 1 559M 899M 3 102M 1 292M 1 082M 667M 4 131M 1 352M 1 036M 1 000M -1 849M -710M -363M -480M -2 204M
depreciationAndAmortization 319M 317M 319M 1 332M 329M 337M 345M 1 414M 358M 359M 385M 1 513M 370M 374M 1 563M 1 445M
deferredIncomeTax 0 0 0 113M 0 0 0 29M 154M 52M 0 -268M 0 0 -543M -553M
stockBasedCompensation 92M 170M 77M 0 79M 112M 58M 143M 44M 34M 27M 87M 29M 26M 109M 122M
changeInWorkingCapital -240M 924M -288M -574M 43M -597M -230M -678M -583M 712M 1 020M 166M -1 144M -135M -92M 339M
accountsReceivables 0 0 0 -96M 0 0 0 296M 0 0 0 -621M 0 0 -113M 35M
inventory 0 0 0 0 0 0 0 0 0 0 0 20M 0 0 2M 325M
accountsPayables 0 0 0 0 0 0 0 0 0 0 0 9M 0 0 7M 31M
otherWorkingCapital -240M 924M -288M -478M 43M -597M -230M -974M -583M 0 0 758M 0 0 12M -52M
otherNonCashItems 54M -311M -427M 3 642M -50M 1 301M 6M 2 635M -144M 45M -588M 1 915M 1 907M 1 087M 785M 1 460M
netCashProvidedByOperatingActivities 1 697M 2 659M 580M 7 625M 1 693M 2 235M 886M 7 673M 1 181M 2 238M 1 844M 1 564M 452M 989M 1 342M 609M
investmentsInPropertyPlantAndEquipment -204M -189M -240M -911M -209M -203M -281M -901M -196M -171M -222M -1 053M -256M 0 -1 675M -1 776M
acquisitionsNet 0 0 0 0 0 0 0 0 0 171M 0 -57M 0 -3M -742M -5 060M
purchasesOfInvestments -2 874M -713M -2 065M -4 074M -32M -632M -254M -3 509M -1 846M -961M -1 000 000 -401M -300M 0 -521M -1 702M
salesMaturitiesOfInvestments 10M 1 099M 3 031M 2 599M 406M 1 139M 842M 2 972M 0 2M 2 200M 937M 6M 186M 1 494M 396M
otherInvestingActivites 22M 42M 31M 1 000 000 42M 41M -7M -173M 4M 25M -127M
netCashUsedForInvestingActivites -3 046M 239M 757M 166M 346M 348M -2 049M -1 132M 1 981M -525M 56M
debtRepayment -29M 1 438M -166M -106M -239M 399M -666M -4 103M -889M -3 336M -313M
commonStockIssued 0 0 0 0 0 0 0 0 1 973M 0 0
commonStockRepurchased -3M -13M -430M -1 172M -496M -132M -544M -848M 0 0 0 -334M 0 -143M 0 0
dividendsPaid -1 771M -2 136M 0 -1 389M 0 -2 091M 0 0 0 0 -416M
otherFinancingActivites -10M 2M -32M -113M -734M -22M 53M 279M 378M 3 797M 271M
netCashUsedProvidedByFinancingActivities -1 813M -709M -628M -2 104M -1 105M -2 258M -613M -3 824M 1 462M 461M -601M
effectOfForexChangesOnCash -92M 20M 70M -183M 16M 10M -17M 42M -59M 202M -21M 297M 149M 87M -88M -300M
netChangeInCash -3 249M 2 210M 781M -411M -225M 1 501M -1 046M 2 518M -1 540M -2 516M 5 266M -55M 537M 531M -1 949M -6 909M
cashAtEndOfPeriod 7 266M 10 515M 8 305M 7 524M 7 940M 8 165M 6 664M 7 701M 6 296M 7 836M 10 352M 5 086M 5 217M 4 680M 5 141M 7 090M
cashAtBeginningOfPeriod 10 515M 8 305M 7 524M 7 935M 8 165M 6 664M 7 710M 5 183M 7 836M 10 352M 5 086M 5 141M 4 680M 4 149M 7 090M 13 999M
operatingCashFlow 1 697M 2 659M 580M 7 625M 1 693M 2 235M 886M 7 674M 1 181M 2 238M 1 844M 1 564M 452M 989M 1 342M 609M
capitalExpenditure -204M -189M -240M -896M -209M -203M -281M -901M -196M -171M -222M -1 053M -256M -143M -1 675M -1 776M
freeCashFlow 1 493M 2 470M 340M 6 729M 1 484M 2 032M 605M 6 773M 985M 2 067M 1 622M 511M 196M 846M -333M -1 167M
link Link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link Link
filingDate 2025-04-25 2024-04-23 2023-04-27 2022-04-27 2021-04-23
fiscalYear 2024 2023 2022 2021 2020
otherInvestingActivities 115M -39M 52M 42M 41M
netCashProvidedByInvestingActivities -2 271M -1 477M -522M -1 402M -8 101M
netDebtIssuance -6M -4 751M -693M -1 819M -3 994M
longTermNetDebtIssuance 284M -2 060M -3 007M -1 633M -3 994M
shortTermNetDebtIssuance -290M -2 691M 2 314M -186M 0
netStockIssuance -1 172M -848M -334M 0 6 018M
netCommonStockIssuance -1 172M 1 125M -334M 0 6 018M
commonStockIssuance 0 1 973M 0 0 6 018M
netPreferredStockIssuance 0 -1 973M 0 0 0
netDividendsPaid -3 529M 0 -416M 0 -678M
commonDividendsPaid -3 529M 0 -416M 0 -678M
preferredDividendsPaid 0 0 0 0 0
otherFinancingActivities -858M 1 879M 49M 18M -463M
netCashProvidedByFinancingActivities -5 582M -3 720M -1 394M -1 801M 883M
incomeTaxesPaid 1 310M 1 127M 385M 477M 238M
interestPaid 166M 263M 256M 297M 476M

Earning call transcript

2025 q3
2025-11-17 ET (fiscal 2025 q3)
2025 q2
2025-08-20 ET (fiscal 2025 q2)
2025 q1
2025-05-20 ET (fiscal 2025 q1)
2024 q4
2025-03-20 ET (fiscal 2024 q4)
2024 q3
2024-11-27 ET (fiscal 2024 q3)
2024 q2
2024-08-21 ET (fiscal 2024 q2)
2024 q1
2024-05-20 ET (fiscal 2024 q1)
2023 q4
2024-03-22 ET (fiscal 2023 q4)
2023 q3
2023-11-27 ET (fiscal 2023 q3)
2023 q2
2023-08-25 ET (fiscal 2023 q2)
2023 q1
2023-05-29 ET (fiscal 2023 q1)
2022 q3
2022-11-28 ET (fiscal 2022 q3)
2022 q2
2022-08-30 ET (fiscal 2022 q2)
2022 q1
2022-05-31 ET (fiscal 2022 q1)

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SEC form 6
2025-11-17 06:30 ET
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