This report should not be construed as providing investment advice. It is for educational purposes only.  Before making any investment decision, you should always do your own research or consult a investment professional. Estimates Estimates Estimates
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Q2 2026
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Linamar Corporation TSX: LNR OTC: LIMAF https://www.linamar.com/ Fiscal Yr: Dec 31
Year 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 Value Description #Y Item Total G
Accounting Rules IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS
Split Use Google to find annaul report
Cost of Sales $3,089.4 $3,507.2 $4,309.7 $5,003.0 $5,467.2 $6,383.6 $6,350.8 $5,027.2 $5,598.9 $6,942.1 $8,410.7 $9,078.0 $8,714.3 $9,520.1 <-12 mths 9.25% 102.20% <-Total Growth 10 Cost of Sales
Change 16.76% -0.51% -20.84% 11.37% 23.99% 21.15% 7.93% -4.01% 9.25% <-12 mths 330.82% 9.65% <-Median-> 8 Change
Ratio 0.86 0.84 0.83 0.83 0.84 0.84 0.86 0.86 0.86 0.88 0.86 0.86 0.85 0.85 <-12 mths 0.38% 0.86 <-Median-> 10 Ratio
Selling & Admin , other $183.2 $218.5 $266.0 $325.4 $332.9 $465.8 $387.6 $343.0 $362.9 $442.4 $526.6 $611.3 $892.1 $1,018.1 <-12 mths 14.12% 235.41% <-Total Growth 10 Selling & Admin , other
Change 39.92% -16.80% -11.49% 5.79% 21.91% 19.05% 16.08% 45.93% 14.12% <-12 mths -69.26% 17.56% <-Median-> 8 Change
Ratio 0.05 0.05 0.05 0.05 0.05 0.06 0.05 0.06 0.06 0.06 0.05 0.06 0.09 0.09 <-12 mths 4.86% 0.06 <-Median-> 10 Ratio
Total $3,272.6 $3,725.7 $4,575.7 $5,328.4 $5,800.1 $6,849.4 $6,738.3 $5,370.2 $5,961.8 $7,384.5 $8,937.3 $9,689.3 $9,606.5 $10,538.2 <-12 mths 9.70% 109.94% <-Total Growth 10 Total
Change 18.09% -1.62% -20.30% 11.02% 23.86% 21.03% 8.41% -0.86% 9.70% <-12 mths 1233.97% 9.72% <-Median-> 8 Change
Ratio 0.91 0.89 0.89 0.89 0.89 0.90 0.91 0.92 0.91 0.93 0.92 0.92 0.94 0.95 <-12 mths 0.80% 0.91 <-Median-> 10 Ratio
$11,135.2 <-12 mths 8.83%
Sales* $3,595.5 $4,171.6 $5,162.5 $6,005.6 $6,546.5 $7,620.6 $7,416.6 $5,815.6 $6,536.6 $7,917.9 $9,733.5 $10,582.0 $10,231.8 $11,785 $12,246 98.20% <-Total Growth 10 Revenue
Increase 11.59% 16.02% 23.75% 16.33% 9.01% 16.41% -2.68% -21.59% 12.40% 21.13% 22.93% 8.72% -3.31% 15.18% 3.91% 7.08% <-IRR #YR-> 10 Revenue 98.20%
5 year Running Average $2,716.8 $3,215.9 $3,802.6 $4,431.4 $5,096.3 $5,901.3 $6,550.3 $6,681.0 $6,787.2 $7,061.5 $7,484.0 $8,117.1 $9,000.4 $10,050.0 $10,915.7 11.96% <-IRR #YR-> 5 Revenue 75.94%
Revenue per Share $55.52 $64.10 $79.21 $92.03 $100.17 $116.60 $113.68 $88.85 $99.87 $128.69 $158.07 $173.78 $171.49 $199.80 $207.62 9.00% <-IRR #YR-> 10 5 yr Running Average 136.69%
Increase 11.50% 15.45% 23.58% 16.18% 8.85% 16.41% -2.50% -21.84% 12.40% 28.85% 22.83% 9.94% -1.32% 16.51% 3.91% 6.14% <-IRR #YR-> 5 5 yr Running Average 34.72%
5 year Running Average $41.98 $49.62 $58.57 $68.13 $78.20 $90.42 $100.34 $102.27 $103.84 $109.54 $117.83 $129.85 $146.38 $166.36 $182.15 8.03% <-IRR #YR-> 10 Revenue per Share 116.49%
P/S (Price/Sales) Med 0.60 0.89 0.96 0.63 0.68 0.51 0.40 0.54 0.77 0.50 0.43 0.37 0.38 0.47 0.00 14.05% <-IRR #YR-> 5 Revenue per Share 93.00%
P/S (Price/Sales) Close 0.80 1.11 0.94 0.63 0.73 0.39 0.43 0.76 0.75 0.48 0.41 0.33 0.48 0.48 0.46 9.59% <-IRR #YR-> 10 5 yr Running Average 149.92%
P/S (Price/Sales) Close 10 year run. 0.45 0.45 0.48 0.57 0.57 0.57 0.57 0.57 0.62 0.62 0.59 0.53 0.51 0.48 0.45 7.44% <-IRR #YR-> 5 5 yr Running Average 43.13%
*Revenue in M CDN $  P/S Med 20 yr  0.51 15 yr  0.51 10 yr  0.51 5 yr  0.43 -4.50% Diff M/C
-$5,162.5 $0.0 $0.0 $0.0 $0.0 $0 $0 $0 $0 $0 $10,232
-$5,816 $0 $0 $0 $0 $10,232
-$3,802.6 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $9,000.4
-$6,681.0 $0.0 $0.0 $0.0 $0.0 $9,000.4
-$79.21 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $171.49
-$88.85 $0.00 $0.00 $0.00 $0.00 $171.49
-$58.57 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $146.38
-$102.27 $0.00 $0.00 $0.00 $0.00 $146.38
$665.30 <-12 mths 6.94%
$11.15 <-12 mths 7.63%
Adjusted Profit CDN$ $229.8 $320.6 $436.7 $522.5 $551.5 $583.8 $464.4 $314.6 $428.4 $400.5 $541.1 $604.4 $622.1
Basic $3.55 $4.95 $6.71 $8.01 $8.45 $8.93 $7.11 $4.82 $6.55 $6.27 $8.79 $9.82 $10.37 54.62% <-Total Growth 10 AEPS
AEPS* Dilued $3.52 $4.90 $6.63 $7.92 $8.35 $8.82 $7.08 $4.81 $6.53 $6.26 $8.78 $9.81 $10.36 $11.73 $13.14 56.26% <-Total Growth 10 AEPS
Increase 56.44% 39.20% 35.31% 19.46% 5.43% 5.63% -19.73% -32.06% 35.76% -4.13% 40.26% 11.73% 5.61% 13.22% 12.02% 10 0 10 Years of Data, EPS P or N 100.00%
5 year Running Average $1.59 $2.72 $3.77 $5.04 $6.26 $7.32 $7.76 $7.40 $7.12 $6.70 $6.69 $7.24 $8.35 $9.39 $10.76 4.56% <-IRR #YR-> 10 AEPS 56.26%
AEPS Yield 7.97% 6.91% 8.87% 13.73% 11.41% 19.47% 14.41% 7.13% 8.71% 10.21% 13.71% 17.27% 12.49% 12.17% 13.63% 16.59% <-IRR #YR-> 5 AEPS 115.38%
Payout Ratio 9.09% 8.16% 6.03% 5.05% 5.75% 5.44% 6.78% 7.48% 10.41% 12.78% 10.02% 10.19% 10.81% 10.40% 9.74% 8.27% <-IRR #YR-> 10 5 yr Running Average 121.31%
5 year Running Average 9.01% 13.93% 11.60% 8.51% 6.82% 6.09% 5.81% 6.10% 7.17% 8.58% 9.50% 10.18% 10.84% 10.84% 10.23% 2.45% <-IRR #YR-> 5 5 yr Running Average 12.87%
Price/AEPS Median 9.50 11.61 11.50 7.37 8.13 6.79 6.35 9.93 11.79 10.21 7.68 6.53 6.27 7.96 0.00 7.53 <-Median-> 10 Price/AEPS Median
Price/AEPS High 12.55 14.70 13.38 9.33 9.64 8.59 7.51 14.67 13.58 12.96 8.89 7.35 8.26 9.29 0.00 9.11 <-Median-> 10 Price/AEPS High
Price/AEPS Low 6.45 8.53 9.62 5.41 6.62 4.99 5.19 5.19 10.00 7.46 6.47 5.71 4.27 6.62 0.00 5.56 <-Median-> 10 Price/AEPS Low
Price/AEPS Close 12.55 14.48 11.27 7.28 8.77 5.14 6.94 14.02 11.47 9.79 7.29 5.79 8.01 8.22 7.33 7.65 <-Median-> 10 Price/AEPS Close
Trailing P/AEPS Close 19.64 20.16 15.25 8.70 9.24 5.43 5.57 9.52 15.58 9.39 10.23 6.47 8.46 9.30 8.22 8.97 <-Median-> 10 Trailing P/AEPS Close
Median Values Historical   in order 9.68 12.09 6.46 9.38 P/AEPS 5 Yrs   in order 7.68 8.89 6.47 8.01 6.95% Diff M/C DPR 75% to 95% best
* Normalized Earnings per Share
-$6.63 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.36
-$4.81 $0.00 $0.00 $0.00 $0.00 $10.36
-$3.77 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.35
-$7.40 $0.00 $0.00 $0.00 $0.00 $8.35
$11.46 <-12 mths 17.78%
EPS Basic $3.55 $4.95 $6.71 $8.01 $8.41 $9.05 $6.59 $4.27 $6.43 $6.67 $8.18 $4.20 $9.75 45.31% <-Total Growth 10 EPS Basic
Pre-split '93
Pre-split '98
EPS Diluted* $3.52 $4.90 $6.63 $7.92 $8.32 $8.94 $6.56 $4.27 $6.41 $6.67 $8.17 $4.19 $9.73 $12.27 $13.36 46.76% <-Total Growth 10 EPS Diluted G&M Est.
Increase 56.44% 39.20% 35.31% 19.46% 5.05% 7.45% -26.62% -34.91% 50.12% 4.06% 22.49% -48.71% 132.22% 26.10% 8.91% 10 0 10 Years of Data, EPS P or N WSJ Est.
Earnings Yield 8.0% 6.9% 8.9% 13.7% 11.4% 19.7% 13.4% 6.3% 8.6% 10.9% 12.8% 7.4% 11.7% 12.7% 13.9% 3.91% <-IRR #YR-> 10 Earnings per Share 46.76%
5 year Running Average $1.59 $2.72 $3.77 $5.04 $6.26 $7.34 $7.67 $7.20 $6.90 $6.57 $6.42 $5.94 $7.03 $8.21 $9.54 17.91% <-IRR #YR-> 5 Earnings per Share 127.87%
10 year Running Average $1.47 $1.83 $2.35 $3.00 $3.68 $4.47 $5.20 $5.49 $5.97 $6.41 $6.88 $6.81 $7.12 $7.55 $8.06 6.43% <-IRR #YR-> 10 5 yr Running Average 86.48%
* ESP per share (Cdn GAAP) E/P 10 Yrs 11.55% 5Yrs 10.88% -0.47% <-IRR #YR-> 5 5 yr Running Average -2.33%
-$6.63 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.73
-$4.27 $0.00 $0.00 $0.00 $0.00 $9.73
-$3.77 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $7.03
-$7.20 $0.00 $0.00 $0.00 $0.00 $7.03
Comment
Dividend* $1.25 $1.40 Estimates Dividend*
Increase 11.61% 12.00% Estimates Increase
Payout Ratio EPS 10.19% 10.48% Estimates Payout Ratio EPS
Special Dividends $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends
Pre-split '98
Dividend* $0.32 $0.40 $0.40 $0.40 $0.48 $0.48 $0.48 $0.36 $0.68 $0.80 $0.88 $1.00 $1.12 $1.22 $1.28 $1.28 180.00% <-Total Growth 10 Dividends
Increase 0.00% 25.00% 0.00% 0.00% 20.00% 0.00% 0.00% -25.00% 88.89% 17.65% 10.00% 13.64% 12.00% 8.93% 4.92% 0.00% 14 2 30 Years of data, Count P, N 46.67%
Average Increases 5 Year Running 16.67% 31.67% 11.67% 5.00% 9.00% 9.00% 4.00% -1.00% 16.78% 16.31% 18.31% 21.03% 28.43% 12.44% 9.90% 7.90% 12.65% <-Median-> 10 Average Incr 5 Year Running
Dividends 5 Yr Running $0.26 $0.32 $0.35 $0.37 $0.40 $0.43 $0.45 $0.44 $0.50 $0.56 $0.64 $0.74 $0.90 $1.00 $1.10 $1.18 154.55% <-Total Growth 10 Dividends 5 Yr Running
Yield H/L Price 0.96% 0.70% 0.52% 0.69% 0.71% 0.80% 1.07% 0.75% 0.88% 1.25% 1.30% 1.56% 1.73% 1.31% 0.98% <-Median-> 10 Yield H/L Price Item
Yield on High  Price 0.72% 0.56% 0.45% 0.54% 0.60% 0.63% 0.90% 0.51% 0.77% 0.99% 1.13% 1.39% 1.31% 1.12% 0.83% <-Median-> 10 Yield on High  Price EPS
Yield on Low Price 1.41% 0.96% 0.63% 0.93% 0.87% 1.09% 1.31% 1.44% 1.04% 1.71% 1.55% 1.79% 2.53% 1.57% 1.37% <-Median-> 10 Yield on Low Price AEPS
Yield on Close Price 0.72% 0.56% 0.54% 0.69% 0.66% 1.06% 0.98% 0.53% 0.91% 1.31% 1.37% 1.76% 1.35% 1.27% 1.33% 1.13% 1.02% <-Median-> 10 Yield on Close Price CFPS
Payout Ratio EPS 9.09% 8.16% 6.03% 5.05% 5.77% 5.37% 7.32% 8.43% 10.61% 11.99% 10.77% 23.87% 11.51% 9.94% 9.58% #DIV/0! 9.52% <-Median-> 10 DPR EPS FCF 
DPR EPS 5 Yr Running 16.58% 11.77% 9.33% 7.30% 6.39% 5.88% 5.84% 6.11% 7.19% 8.52% 9.98% 12.52% 12.74% 12.24% 11.52% #DIV/0! 7.24% <-Median-> 10 DPR EPS 5 Yr Running
Payout Ratio CFPS 3.55% 4.76% 3.77% 2.91% 3.99% 4.54% 2.68% 1.64% 4.90% 10.51% 6.83% 4.86% 5.02% 5.80% 5.36% #DIV/0! 4.70% <-Median-> 10 DPR CF
DPR CF 5 Yr Running 5.15% 5.44% 4.76% 3.90% 3.72% 3.90% 3.45% 2.89% 3.25% 3.90% 4.31% 4.84% 5.80% 5.95% 5.46% #DIV/0! 3.90% <-Median-> 10 DPR CF 5 Yr Running
Payout Ratio CFPS WC 4.37% 4.45% 3.58% 2.91% 3.54% 3.12% 3.49% 3.05% 5.16% 5.69% 5.41% 4.16% 5.29% 5.80% 5.36% #DIV/0! 3.85% <-Median-> 10 DPR CF WC
DPR CF WC 5 Yr Running 5.64% 5.38% 4.69% 3.96% 3.65% 3.44% 3.31% 3.22% 3.67% 4.11% 4.63% 4.69% 5.05% 5.20% 5.17% #DIV/0! 3.81% <-Median-> 10 DPR CF WC 5 Yr Running
Median Values 10 Yr Med 10 Yr Cl 0.98% 1.02% 5 Yr Med 5 Yr Cl 1.30% 1.35% 5 Yr Med Payout 11.51% 5.02% 5.29% 25.48% <-IRR #YR-> 5 Dividends 211.11%
* Dividends per share  10 Yr Med and Cur. 36.13% 30.42% 5 Yr Med and Cur. 1.80% -1.63% Last Div Inc ---> $0.29 $0.32 10.34% 10.84% <-IRR #YR-> 10 Dividends 180.00%
Dividends Growth 15 10.82% <-IRR #YR-> 15 Dividends 366.67%
Dividends Growth 20 8.01% <-IRR #YR-> 20 Dividends 366.67%
Dividends Growth 25 8.09% <-IRR #YR-> 25 Dividends 600.00%
Dividends Growth 30 8.64% <-IRR #YR-> 30 Dividends
Dividends Growth 5 -$0.36 $0.00 $0.00 $0.00 $0.00 $1.12 Dividends Growth 5
Dividends Growth 10 -$0.40 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.12 Dividends Growth 10
Dividends Growth 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.12 Dividends Growth 15
Dividends Growth 20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.12 Dividends Growth 20
Dividends Growth 25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.12 Dividends Growth 25
Dividends Growth 30 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.12 Dividends Growth 30
Historical Dividends Historical High Div 2.52% Low Div 0.46% 10 Yr High 2.46% 10 Yr Low 0.51% Med Div 1.22% Close Div 1.19% Historical Dividends
High/Ave/Median Values Curr diff Exp. -47.30%     188.71% Exp. -46.01% 160.41% Cheap 8.86% Cheap 11.89% High/Ave/Median 
Future Dividend Yield Div Yd 4.13% earning in 5 Years at IRR of 25.48% Div Inc. 211.11% Future Dividend Yield
Future Dividend Yield Div Yd 12.85% earning in 10 Years at IRR of 25.48% Div Inc. 867.90% Future Dividend Yield
Future Dividend Yield Div Yd 39.99% earning in 15 Years at IRR of 25.48% Div Inc. 2911.25% Future Dividend Yield
Div Paid $3.98 earning in 5 Years at IRR of 25.48% Div Inc. 211.11% Future Dividend Paid Div Pd
Div Paid $12.39 earning in 10 Years at IRR of 25.48% Div Inc. 867.90% Future Dividend Paid $3.98
Div Paid $38.54 earning in 15 Years at IRR of 25.48% Div Inc. 2911.25% Future Dividend Paid $12.39
$38.54
Total Div $10.60 over 5 Years at IRR of 25.48% Div Cov. 11.00% Dividend Covering Cost
Total Div $39.61 over 10 Years at IRR of 25.48% Div Cov. 41.10% Dividend Covering Cost Yr
Total Div $129.86 over 15 Years at IRR of 25.48% Div Cov. 134.74% Dividend Covering Cost 5
5
Yield if held 5 years 3.09% 4.53% 2.18% 2.21% 2.55% 1.44% 0.84% 0.47% 1.17% 1.18% 1.47% 2.22% 2.34% 1.59% 2.00% 1.90% 1.45% <-Median-> 10 Paid Median Price 5
Yield if held 10 years 2.95% 3.06% 2.86% 2.86% 2.41% 4.64% 5.44% 1.96% 3.76% 4.25% 2.63% 1.76% 1.47% 2.09% 1.89% 2.14% 2.75% <-Median-> 10 Paid Median Price 5
Yield if held 15 years 1.21% 1.96% 2.93% 3.12% 4.30% 4.43% 3.67% 2.57% 4.86% 4.02% 8.51% 11.33% 6.10% 6.75% 6.80% 3.83% 4.36% <-Median-> 10 Paid Median Price 5
Yield if held 20 years 8.48% 5.91% 6.58% 3.72% 2.14% 1.82% 2.36% 2.63% 5.30% 7.17% 8.12% 7.65% 8.01% 8.72% 6.42% 12.37% 4.51% <-Median-> 10 Paid Median Price 5
Yield if held 25 years 12.72% 7.09% 5.93% 6.33% 3.56% 3.34% 4.91% 8.19% 9.51% 11.46% 11.81% 6.13% <-Median-> 8 Paid Median Price
Yield if held 30 years 23.31% 14.77% 18.44% 11.35% 5.70% 4.85% 18.44% <-Median-> 3 Paid Median Price 10
10
Cost covered if held 5 years 12.76% 18.13% 9.59% 10.17% 10.63% 6.46% 3.94% 2.89% 4.25% 4.13% 5.34% 8.27% 9.38% 6.52% 8.60% 8.75% 5.90% <-Median-> 10 Paid Median Price 10
Cost covered if held 10 years 22.52% 20.50% 20.31% 21.45% 16.26% 33.64% 43.51% 21.57% 23.89% 25.52% 16.03% 10.47% 8.76% 12.85% 12.23% 15.20% 21.51% <-Median-> 10 Paid Median Price 10
Cost covered if held 15 years 12.28% 17.08% 27.20% 30.88% 38.33% 42.46% 37.64% 36.04% 39.18% 30.31% 64.57% 85.67% 45.98% 51.65% 54.76% 33.67% 38.76% <-Median-> 10 Paid Median Price 10
Cost covered if held 20 years 98.28% 60.71% 72.70% 43.81% 22.50% 20.47% 28.07% 43.29% 50.21% 63.41% 71.99% 66.11% 68.07% 75.08% 57.92% 121.60% 47.01% <-Median-> 10 Paid Median Price 10
Cost covered if held 25 years 155.50% 93.80% 108.92% 66.88% 34.97% 32.61% 46.33% 76.05% 89.36% 112.67% 126.44% 71.47% <-Median-> 8 Paid Median Price
Cost covered if held 30 years 240.26% 148.74% 182.66% 113.58% 59.44% 54.98% 182.66% <-Median-> 3 Paid Median Price
Yr  Item Tot. Growth
Revenue Growth  $9,733.5 $10,582.0 $10,231.8 5.12% <-Total Growth 2 Revenue Growth  5.12%
AEPS Growth $8.78 $9.81 $10.36 18.00% <-Total Growth 2 AEPS Growth 18.00%
Net Income Growth $503.1 $258.3 $584.5 16.19% <-Total Growth 2 Net Income Growth 16.19%
Cash Flow Growth $793.6 $1,254.0 $1,330.8 67.70% <-Total Growth 2 Cash Flow Growth 67.70%
Dividend Growth $0.88 $1.00 $1.12 27.27% <-Total Growth 2 Dividend Growth 27.27%
Stock Price Growth $64.02 $56.79 $82.96 29.58% <-Total Growth 2 Stock Price Growth 29.58%
Revenue Growth  $5,815.6 $6,536.6 $7,917.9 $9,733.5 $10,582.0 $10,231.8 $11,135 <-12 mths 8.83% 75.94% <-Total Growth 5 Revenue Growth  75.94%
AEPS Growth $4.81 $6.53 $6.26 $8.78 $9.81 $10.36 $11.15 <-12 mths 7.63% 115.38% <-Total Growth 5 AEPS Growth 115.38%
Net Income Growth $279.1 $420.6 $426.2 $503.1 $258.3 $584.5 $684 <-12 mths 17.08% 109.40% <-Total Growth 5 Net Income Growth 109.40%
Cash Flow Growth $1,434.1 $908.8 $468.1 $793.6 $1,254.0 $1,330.8 $1,484 <-12 mths 11.53% -7.20% <-Total Growth 5 Cash Flow Growth -7.20%
Dividend Growth $0.36 $0.68 $0.80 $0.88 $1.00 $1.12 $1.22 <-12 mths 8.93% 211.11% <-Total Growth 5 Dividend Growth 211.11%
Stock Price Growth $67.42 $74.93 $61.30 $64.02 $56.79 $82.96 $96.38 <-12 mths 16.18% 23.05% <-Total Growth 5 Stock Price Growth 23.05%
Revenue Growth  $5,162.5 $6,005.6 $6,546.5 $7,620.6 $7,416.6 $5,815.6 $6,536.6 $7,917.9 $9,733.5 $10,582.0 $10,231.8 $11,785 <-this year 15.18% 98.20% <-Total Growth 10 Revenue Growth  98.20%
AEPS Growth $6.63 $7.92 $8.35 $8.82 $7.08 $4.81 $6.53 $6.26 $8.78 $9.81 $10.36 $11.73 <-this year 13.22% 56.26% <-Total Growth 10 AEPS Growth 56.26%
Net Income Growth $436.7 $522.1 $549.4 $591.5 $430.4 $279.1 $420.6 $426.2 $503.1 $258.3 $584.5 $724 <-this year 23.81% 33.86% <-Total Growth 10 Net Income Growth 33.86%
Cash Flow Growth $691.9 $896.1 $785.9 $691.2 $1,167.7 $1,434.1 $908.8 $468.1 $793.6 $1,254.0 $1,330.8 $1,241 <-this year -6.74% 92.35% <-Total Growth 10 Cash Flow Growth 92.35%
Dividend Growth $0.40 $0.40 $0.48 $0.48 $0.48 $0.36 $0.68 $0.80 $0.88 $1.00 $1.12 $1.25 <-this year 11.61% 180.00% <-Total Growth 10 Dividend Growth 180.00%
Stock Price Growth $74.73 $57.69 $73.21 $45.30 $49.13 $67.42 $74.93 $61.30 $64.02 $56.79 $82.96 $113.67 <-this year 37.02% 11.01% <-Total Growth 10 Stock Price Growth 11.01%
Dividends on Shares $5.60 $6.72 $6.72 $6.72 $5.04 $9.52 $11.20 $12.32 $14.00 $15.68 $17.08 $17.92 $17.92 $93.52 No of Years 10 Total Divs 12/31/15
Paid  $1,046.22 $807.66 $1,024.94 $634.20 $687.82 $943.88 $1,049.02 $858.20 $896.28 $795.06 $1,161.44 $1,349.32 $1,349.32 $1,591.38 $1,161.44 No of Years 10 Worth $74.73
Total $1,254.96
Graham No. AEPS $40.67 $53.20 $71.90 $84.10 $94.60 $107.46 $99.20 $84.84 $101.60 $104.95 $130.67 $140.27 $154.34 $171.04 $181.03 $0.00 114.66% <-Total Growth 10 Graham Price AEPS
Price/GP Ratio Med 0.82 1.07 1.06 0.69 0.72 0.56 0.45 0.56 0.76 0.61 0.52 0.46 0.42 0.55 0.56 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Hi 1.09 1.35 1.23 0.88 0.85 0.70 0.54 0.83 0.87 0.77 0.60 0.51 0.55 0.64 0.74 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Low 0.56 0.79 0.89 0.51 0.58 0.41 0.37 0.29 0.64 0.44 0.43 0.40 0.29 0.45 0.42 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Cl 1.09 1.33 1.04 0.69 0.77 0.42 0.50 0.79 0.74 0.58 0.49 0.40 0.54 0.56 0.53 #DIV/0! 0.56 <-Median-> 10 Price/GP Ratio
Prem/Disc CL 8.66% 33.37% 3.93% -31.40% -22.61% -57.85% -50.47% -20.54% -26.25% -41.59% -51.01% -59.51% -46.25% -43.65% -46.76% #DIV/0! -43.92% <-Median-> 10 Graham Price
Graham No. EPS $40.67 $53.20 $71.90 $84.10 $94.43 $108.19 $95.48 $79.94 $100.67 $108.33 $126.05 $91.67 $149.57 $174.93 $182.56 $0.00 108.03% <-Total Growth 10 Graham Price EPS
Price/GP Ratio Med 0.82 1.07 1.06 0.69 0.72 0.55 0.47 0.60 0.76 0.59 0.54 0.70 0.43 0.53 0.59 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Hi 1.09 1.35 1.23 0.88 0.85 0.70 0.56 0.88 0.88 0.75 0.62 0.79 0.57 0.62 0.77 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Low 0.56 0.79 0.89 0.51 0.59 0.41 0.38 0.31 0.65 0.43 0.45 0.61 0.30 0.44 0.44 <-Median-> 10 Price/GP Ratio
Price/GP Ratio Cl 1.09 1.33 1.04 0.69 0.78 0.42 0.51 0.84 0.74 0.57 0.51 0.62 0.55 0.55 0.53 #DIV/0! 0.59 <-Median-> 10 Price/GP Ratio
Prem/Disc CL 8.66% 33.37% 3.93% -31.40% -22.47% -58.13% -48.55% -15.66% -25.57% -43.42% -49.21% -38.05% -44.54% -44.90% -47.21% #DIV/0! -40.73% <-Median-> 10 Graham Price
Price Close $44.19 $70.95 $74.73 $57.69 $73.21 $45.30 $49.13 $67.42 $74.93 $61.30 $64.02 $56.79 $82.96 $96.38 $96.38 $113.67 11.01% <-Total Growth 10 Stock Price
Increase 90.47% 60.56% 5.33% -22.80% 26.90% -38.12% 8.45% 37.23% 11.14% -18.19% 4.44% -11.29% 46.08% 16.18% 0.00% 17.94% 9.56 <-Median-> 10 CAPE (10 Yr P/E)
P/E 12.55 14.48 11.27 7.28 8.80 5.07 7.49 15.79 11.69 9.19 7.84 13.55 8.53 7.86 7.21 #DIV/0! 4.24% <-IRR #YR-> 5 Stock Price 23.05%
Trailing P/E 19.64 20.16 15.25 8.70 9.24 5.44 5.50 10.28 17.55 9.56 9.60 6.95 19.80 9.91 7.86 8.51 1.05% <-IRR #YR-> 10 Stock Price 11.01%
CAPE (10 Yr P/E) 12.29 12.91 12.73 11.42 10.77 9.80 9.10 9.47 9.72 9.65 9.28 9.17 8.89 8.89 8.62 #DIV/0! 5.45% <-IRR #YR-> 5 Price & Dividend 29.69%
Median 10, 5 Yrs D.  per yr 0.84% 1.21% % Tot Ret 44.38% 22.23% T P/E 9.40 9.60 P/E:  8.66 9.19 1.89% <-IRR #YR-> 10 Price & Dividend 19.95%
Price 15 D.  per yr 1.33% % Tot Ret 11.90% CAPE Diff -17.84% 9.82% <-IRR #YR-> 15 Stock Price 307.67%
Price  20 D.  per yr 1.42% % Tot Ret 12.16% 10.27% <-IRR #YR-> 20 Stock Price 606.04%
Price  25 D.  per yr 1.20% % Tot Ret 12.62% 8.32% <-IRR #YR-> 25 Stock Price 637.42%
Price  30 D.  per yr 1.26% % Tot Ret 13.22% 8.26% <-IRR #YR-> 30 Stock Price 981.62%
Price  35 D.  per yr 2.93% % Tot Ret 17.60% 13.73% <-IRR #YR-> 35 Stock Price
Price  40 D.  per yr 2.25% % Tot Ret 14.96% 12.81% <-IRR #YR-> 37 Stock Price
Price & Dividend 15 11.15% <-IRR #YR-> 15 Price & Dividend 349.14%
Price & Dividend 20 11.69% <-IRR #YR-> 20 Price & Dividend 687.06%
Price & Dividend 25 9.52% <-IRR #YR-> 25 Price & Dividend 729.87%
Price & Dividend 30 9.52% <-IRR #YR-> 30 Price & Dividend 729.87%
Price & Dividend 35 16.66% <-IRR #YR-> 35 Price & Dividend
Price & Dividend 40 15.06% <-IRR #YR-> 37 Price & Dividend
Price  5 -$67.42 $0.00 $0.00 $0.00 $0.00 $82.96 Price  5
Price 10 -$74.73 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $82.96 Price 10
Price & Dividend 5 -$67.42 $0.68 $0.80 $0.88 $1.00 $84.08 Price & Dividend 5
Price & Dividend 10 -$74.73 $0.40 $0.48 $0.48 $0.48 $0.36 $0.68 $0.80 $0.88 $1.00 $84.08 Price & Dividend 10
Price 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $82.96 Price 15
Price  20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $82.96 Price  20
Price  25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $82.96 Price  25
Price  30 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $82.96 Price  30
Price  35 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $82.96 Price  35
Price  40 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $82.96 Price  40
Price & Dividend 15 $0.32 $0.40 $0.40 $0.40 $0.48 $0.48 $0.48 $0.36 $0.68 $0.80 $0.88 $1.00 $84.08 Price & Dividend 15
Price & Dividend 20 $0.32 $0.40 $0.40 $0.40 $0.48 $0.48 $0.48 $0.36 $0.68 $0.80 $0.88 $1.00 $84.08 Price & Dividend 20
Price & Dividend 25 $0.32 $0.40 $0.40 $0.40 $0.48 $0.48 $0.48 $0.36 $0.68 $0.80 $0.88 $1.00 $84.08 Price & Dividend 25
Price & Dividend 30 $0.32 $0.40 $0.40 $0.40 $0.48 $0.48 $0.48 $0.36 $0.68 $0.80 $0.88 $1.00 $84.08 Price & Dividend 30
Price & Dividend 35 $0.32 $0.40 $0.40 $0.40 $0.48 $0.48 $0.48 $0.36 $0.68 $0.80 $0.88 $1.00 $84.08 Price & Dividend 35
Price & Dividend 40 $0.32 $0.40 $0.40 $0.40 $0.48 $0.48 $0.48 $0.36 $0.68 $0.80 $0.88 $1.00 $84.08 Price & Dividend 40
Price Close $44.19 $70.95 $74.73 $57.69 $73.21 $45.30 $49.13 $67.42 $74.93 $61.30 $64.02 $56.79 $82.96 $96.38 $96.38 $113.67 1182.23% <-Total Growth 31 Stock Price
5 yr Period ending 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27 12/31/28 9.02% <-IRR #YR-> 30 5 year periods, Price & Div
5 year IRR Price & Dividends 66.95% 39.73% 30.78% 34.30% 26.95% 1.46% -6.35% -1.42% 6.14% -2.66% 8.36% 4.35% 5.45% 4.27% <-Median-> 27 5 year IRR, Price & Div
Div Yield Beg. of period 6.49% 0.86% 1.18% 2.29% 1.38% 0.72% 0.56% 0.54% 0.69% 0.66% 1.06% 0.98% 0.53%
P/S Beginning of period 0.11 0.54 0.59 0.32 0.47 0.80 1.11 0.94 0.63 0.73 0.39 0.43 0.76
P/E Beginning of Period 3.52 -19.08 14.96 8.97 10.31 12.55 14.48 11.27 7.28 8.80 5.07 7.49 15.79
Dividend Yield end of period 0.72% 0.56% 0.54% 0.69% 0.66% 1.06% 0.98% 0.53% 0.91% 1.31% 1.37% 1.76% 1.35%
P/S End of period 0.80 1.11 0.94 0.63 0.73 0.39 0.43 0.76 0.75 0.48 0.41 0.33 0.48
P/E End of Period 12.55 14.48 11.27 7.28 8.80 5.07 7.49 15.79 11.69 9.19 7.84 13.55 8.53
Dates Price & Dividend
$0.32 $0.40 $0.40 $0.40 $0.48 $0.48 $0.48 $0.36 $0.68 $0.80 $0.88 $57.79
-$67.42 $0.68 $0.80 $0.88 $1.00 $84.08 12/31/25 Price & Dividend
-$49.13 $0.36 $0.68 $0.80 $0.88 $57.79 12/31/24 Price & Dividend
-$45.30 $0.48 $0.36 $0.68 $0.80 $64.90 12/31/23 Price & Dividend
-$73.21 $0.48 $0.48 $0.36 $0.68 $62.10 12/31/22 Price & Dividend
-$57.69 $0.48 $0.48 $0.48 $0.36 $75.61 12/31/21 Price & Dividend
-$74.73 $0.40 $0.48 $0.48 $0.48 $67.78 12/31/20 Price & Dividend
-$70.95 $0.40 $0.40 $0.48 $0.48 $49.61 12/31/19 Price & Dividend
-$44.19 $0.40 $0.40 $0.40 $0.48 $45.78 12/31/18 Price & Dividend
$0.32 $0.40 $0.40 $0.40 $73.69 12/31/17 Price & Dividend
$0.32 $0.40 $0.40 $58.09 12/31/16 Price & Dividend
$0.32 $0.40 $75.13 12/31/15 Price & Dividend
$0.32 $71.35 12/31/14 Price & Dividend
$44.51 12/31/13 Price & Dividend
12/31/12 Price & Dividend
12/31/11 Price & Dividend
12/31/10 Price & Dividend
12/31/09 Price & Dividend
12/31/08 Price & Dividend
12/31/07 Price & Dividend
12/31/06 Price & Dividend
12/31/05 Price & Dividend
12/31/04 Price & Dividend
12/31/03 Price & Dividend
12/31/02 Price & Dividend
12/31/01 Price & Dividend
12/31/00 Price & Dividend
12/31/99 Price & Dividend
Price Median H/L $33.45 $56.91 $76.25 $58.35 $67.86 $59.88 $44.96 $47.77 $76.97 $63.92 $67.46 $64.07 $64.91 $93.34 -14.87% <-Total Growth 10 Stock Price
Increase 77.80% 70.15% 33.99% -23.47% 16.30% -11.76% -24.92% 6.25% 61.13% -16.95% 5.53% -5.03% 1.32% 43.79% -1.60% <-IRR #YR-> 10 Stock Price -14.87%
P/E 9.50 11.61 11.50 7.37 8.16 6.70 6.85 11.19 12.01 9.58 8.26 15.29 6.67 7.61 6.33% <-IRR #YR-> 5 Stock Price 35.89%
Trailing P/E 14.86 16.17 15.56 8.80 8.57 7.20 5.03 7.28 18.02 9.97 10.11 7.84 15.49 9.59 -0.65% <-IRR #YR-> 10 Price & Dividend
P/E on Run. 5 yr Ave 21.01 20.94 20.21 11.57 10.84 8.16 5.86 6.63 11.15 9.73 10.51 10.78 9.23 11.37 7.96% <-IRR #YR-> 5 Price & Dividend
P/E on Run. 10 yr Ave 22.75 31.11 32.43 19.43 18.45 13.40 8.65 8.71 12.89 9.97 9.81 9.41 9.12 12.36 11.55 P/E Ratio Historical Median
Median 10, 5 Yrs D.  per yr 0.95% 1.64% % Tot Ret -146.12% 20.57% T P/E 8.68 10.11 P/E:  8.21 9.58 Count 38 Years of data
-$76.25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $64.91
-$47.77 $0.00 $0.00 $0.00 $0.00 $64.91
-$76.25 $0.40 $0.48 $0.48 $0.48 $0.36 $0.68 $0.80 $0.88 $1.00 $66.03
-$47.77 $0.68 $0.80 $0.88 $1.00 $66.03
High Months Dec Dec Jun Jan Nov Jan Mar Dec Mar Jan Aug Mar Dec Aug
Pre-split 1993
Pre-split 1998
Price High $44.19 $72.01 $88.73 $73.89 $80.46 $75.73 $53.17 $70.55 $88.65 $81.16 $78.07 $72.14 $85.61 $109.00 -3.52% <-Total Growth 10 Stock Price
Increase 90.31% 62.96% 23.22% -16.72% 8.89% -5.88% -29.79% 32.69% 25.66% -8.45% -3.81% -7.60% 18.67% 27.32% -0.36% <-IRR #YR-> 10 Stock Price -3.52%
P/E 12.55 14.70 13.38 9.33 9.67 8.47 8.11 16.52 13.83 12.17 9.56 17.22 8.80 8.88 3.95% <-IRR #YR-> 5 Stock Price 21.35%
Trailing P/E 19.64 20.46 18.11 11.14 10.16 9.10 5.95 10.75 20.76 12.66 11.70 8.83 20.43 11.20 15.03 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 10.95 12.66 P/E:  9.61 12.17 18.36 P/E Ratio Historical High
-$88.73 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $85.61
-$70.55 $0.00 $0.00 $0.00 $0.00 $85.61
Low Months Apr Jan Aug Jul Apr Dec Oct Mar Jan May Nov Dec Apr Apr
Price Low $22.70 $41.80 $63.76 $42.81 $55.26 $44.03 $36.74 $24.98 $65.28 $46.68 $56.84 $55.99 $44.21 $77.67 -30.66% <-Total Growth 10 Stock Price
Increase 57.64% 84.14% 52.54% -32.86% 29.08% -20.32% -16.56% -32.01% 161.33% -28.49% 21.77% -1.50% -21.04% 75.68% -3.60% <-IRR #YR-> 10 Stock Price -30.66%
P/E 6.45 8.53 9.62 5.41 6.64 4.93 5.60 5.85 10.18 7.00 6.96 13.36 4.54 6.33 12.09% <-IRR #YR-> 5 Stock Price 76.98%
Trailing P/E 10.09 11.88 13.01 6.46 6.98 5.29 4.11 3.81 15.29 7.28 8.52 6.85 10.55 7.98 8.26 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 6.92 8.52 P/E:  6.25 7.00 6.17 P/E Ratio Historical Low
-$63.76 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $44.21
-$24.98 $0.00 $0.00 $0.00 $0.00 $44.21
Free Cash Flow Mtk Sc $1,170.00 $665.70 $93.65 $7.04 $690.30 $926.60 $615.50 $733.30 <-Total Growth 5 Free Cash Flow Mtk Sc
Change -43.10% -85.93% -92.49% 9709.58% 34.23% -33.57% 19.14% -43.10% <-Median-> 5 Change
$951 <-12 mths 26.82%
Free Cash Flow WSJ $324 $277 $335.80 $533.89 $367.67 $117.57 $599.93 $1,146.77 $666.40 $37.06 -$17.34 $594.00 $838.00 $615.50 $733.30 149.56% <-Total Growth 10 Free Cash Flow WSJ All disagree
Change -14.51% 21.23% 58.99% -31.13% -68.02% 410.26% 91.15% -41.89% -94.44% -146.77% 3526.59% 41.08% -26.55% 19.14% 0.05 <-Median-> 10 Change
Free Cash Flow MS old $347 $544 $206 $133 $609 $1,142 $654 $45
Change 56.77% -62.13% -35.44% 357.89% 87.52% -42.73% -93.12%
Free Cash Flow MS $324 $277 $370 $530 $450 $410 $300 $460 $610 $420 $160 $770 $750 $615.5 $733.3 102.70% <-Total Growth 10 Free Cash Flow
Change 2260.00% -14.51% 33.57% 43.24% -15.09% -8.89% -26.83% 53.33% 32.61% -31.15% -61.90% 381.25% -2.60% -17.93% 19.14% 10.27% <-IRR #YR-> 5 Free Cash Flow MS 63.04%
FCF/CF from Op Ratio 0.56 0.51 0.53 0.59 0.57 0.59 0.26 0.32 0.67 0.90 0.20 0.61 0.56 -9125.92 5413.56 7.32% <-IRR #YR-> 10 Free Cash Flow MS 102.70%
Dividends paid $20.71 $25.94 $26.05 $26.08 $31.34 $31.37 $31.33 $23.50 $44.51 $51.15 $54.15 $61.54 $67.00 $71.96 $75.50 157.24% <-Total Growth 10 Dividends paid MS chge
Percentage paid 7.04% 4.92% 6.96% 7.65% 10.44% 5.11% 7.30% 12.18% 33.84% 7.99% 8.93% 11.69% 10.30% $0.08 <-Median-> 10 Percentage paid all val
5 Year Coverage 7.10% 6.68% 7.27% 8.27% 10.49% 9.70% 10.27% 11.26% 10.90% 5 Year Coverage 2024
Dividend Coverage Ratio 14.21 20.33 14.36 13.07 9.58 19.58 13.71 8.21 2.96 12.51 11.19 8.55 9.71 12.79 <-Median-> 10 Dividend Coverage Ratio
5 Year of Coverage 14.09 14.97 13.76 12.10 9.53 10.30 9.74 8.88 9.17 5 Year of Coverage
-$460.00 0.00 0.00 0.00 0.00 750.00
-$370.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 750.00
Market Cap $2,862 $4,618 $4,870 $3,765 $4,785 $2,961 $3,205 $4,413 $4,904 $3,772 $3,942 $3,458 $4,950 $5,685 $5,685 $6,705 1.63% <-Total Growth 10 Market Cap
Diluted earnings calc $8.94 $6.56 $4.27 $6.41 $6.67 $8.17 $4.19 $9.73 $6.79 Diluted earnings calc
Diluted calc 65.42 65.86 65.93 66.03 66.16 65.62 65.37 65.61 63.90 61.57 61.64 60.07 59.57 Diluted calc
Diluted # of Shares in Million 65.21 65.42 65.84 65.91 66.06 66.18 65.59 65.33 65.57 63.93 61.60 61.59 60.05 59.57 -8.80% <-Total Growth 10 Diluted
Change 0.47% 0.33% 0.65% 0.10% 0.23% 0.18% -0.89% -0.40% 0.36% -2.49% -3.65% -0.01% -2.50% -0.80% -0.21% <-Median-> 10 Change
Difference Diluted/Basic -0.7% -0.9% -1.1% -1.1% -1.2% -1.3% -0.5% 0.0% -0.2% -0.1% -0.1% -0.1% -0.1% -0.3% -0.16% <-Median-> 10 Difference Diluted/Basic
Ave Cal NI/EPS 59.39 Ave Cal NI/EPS
Basic # of Shares in Millions 64.72 64.82 65.11 65.19 65.30 65.35 65.28 65.31 65.45 63.88 61.53 61.52 59.96 59.39 -7.91% <-Total Growth 10 Basic
Change 0.03% 0.15% 0.44% 0.12% 0.16% 0.09% -0.11% 0.04% 0.22% -2.40% -3.67% -0.02% -2.53% -0.95% 0.01% <-Median-> 10 Change
Difference Basic/Outstanding 0.1% 0.4% 0.1% 0.1% 0.1% 0.0% -0.1% 0.2% 0.0% -3.7% 0.1% -1.0% -0.5% -0.7% 0.00% <-Median-> 10 Difference Basic/Outstanding
$1,484.17 <-12 mths 11.53%
pre-split '98
# of Share in Millions 64.76 65.08 65.17 65.26 65.35 65.35 65.24 65.45 65.45 61.53 61.58 60.89 59.67 58.98 58.98 58.98 -0.88% <-IRR #YR-> 10 Shares -8.45%
Change 0.09% 0.49% 0.14% 0.13% 0.15% 0.00% -0.18% 0.32% 0.00% -5.99% 0.08% -1.11% -2.02% -1.14% 0.00% 0.00% -1.83% <-IRR #YR-> 5 Shares -8.84%
CF fr Op $M $583.7 $546.5 $691.9 $896.1 $785.9 $691.2 $1,167.7 $1,434.1 $908.8 $468.1 $793.6 $1,254.0 $1,330.8 $1,241.0 $1,409.1 92.35% <-Total Growth 10 Cash Flow
Increase 65.48% -6.37% 26.59% 29.52% -12.29% -12.05% 68.93% 22.81% -36.63% -48.49% 69.51% 58.03% 6.12% -6.74% 13.55% SO Buy Backs
5 year Running Average $331.6 $381.3 $480.3 $614.2 $700.8 $722.3 $846.6 $995.0 $997.5 $934.0 $954.4 $971.7 $951.1 $1,017.5 $1,205.7 97.99% <-Total Growth 10 CF 5 Yr Running
CFPS $9.01 $8.40 $10.62 $13.73 $12.03 $10.58 $17.90 $21.91 $13.88 $7.61 $12.89 $20.59 $22.30 $21.04 $23.89 110.11% <-Total Growth 10 Cash Flow per Share
Increase 65.33% -6.83% 26.41% 29.35% -12.42% -12.05% 69.22% 22.42% -36.63% -45.20% 69.38% 59.80% 8.30% -5.67% 13.55% 6.76% <-IRR #YR-> 10 Cash Flow 92.35%
5 year Running Average $5.12 $5.88 $7.40 $9.44 $10.76 $11.07 $12.97 $15.23 $15.26 $14.38 $14.84 $15.38 $15.46 $16.89 $20.14 -1.48% <-IRR #YR-> 5 Cash Flow -7.20%
P/CF on Med Price 3.71 6.78 7.18 4.25 5.64 5.66 2.51 2.18 5.54 8.40 5.23 3.11 2.91 4.44 0.00 7.71% <-IRR #YR-> 10 Cash Flow per Share 110.11%
P/CF on Closing Price 4.90 8.45 7.04 4.20 6.09 4.28 2.74 3.08 5.40 8.06 4.97 2.76 3.72 4.58 4.03 0.36% <-IRR #YR-> 5 Cash Flow per Share 1.79%
-14.92% Diff M/C
$1,380.1 <-12 mths 9.22% 7.65% <-IRR #YR-> 10 CFPS 5 yr Running 108.95%
Excl.Working Capital CF -$109.4 $38.7 $35.9 $2.0 $100.0 $313.9 -$270.3 -$662.5 -$46.4 $397.1 $208.5 $210.8 -$67.2 $0.0 $0.0 0.30% <-IRR #YR-> 5 CFPS 5 yr Running 1.49%
CF fr Op $M WC $474.4 $585.2 $727.8 $898.1 $885.9 $1,005.2 $897.4 $771.6 $862.4 $865.3 $1,002.1 $1,464.9 $1,263.6 $1,241.0 $1,409.1 73.62% <-Total Growth 10 Cash Flow less WC
Increase 39.27% 23.36% 24.37% 23.40% -1.36% 13.46% -10.72% -14.02% 11.77% 0.34% 15.81% 46.18% -13.74% -1.79% 13.55% 5.67% <-IRR #YR-> 10 Cash Flow less WC 73.62%
5 year Running Average $303.0 $385.9 $487.7 $605.2 $714.3 $820.4 $882.9 $891.6 $884.5 $880.4 $879.8 $993.2 $1,091.6 $1,167.4 $1,276.1 10.37% <-IRR #YR-> 5 Cash Flow less WC 63.76%
CFPS Excl. WC $7.32 $8.99 $11.17 $13.76 $13.56 $15.38 $13.76 $11.79 $13.18 $14.06 $16.27 $24.06 $21.18 $21.04 $23.89 8.39% <-IRR #YR-> 10 CF less WC 5 Yr Run 123.84%
Increase 39.15% 22.76% 24.19% 23.24% -1.50% 13.46% -10.56% -14.30% 11.77% 6.73% 15.72% 47.82% -11.97% -0.65% 13.55% 4.13% <-IRR #YR-> 5 CF less WC 5 Yr Run 22.43%
5 year Running Average $4.68 $5.95 $7.51 $9.30 $10.96 $12.57 $13.52 $13.65 $13.53 $13.63 $13.81 $15.87 $17.75 $19.32 $21.29 6.61% <-IRR #YR-> 10 CFPS - Less WC 89.64%
P/CF on Med Price 4.57 6.33 6.83 4.24 5.01 3.89 3.27 4.05 5.84 4.55 4.15 2.66 3.07 4.44 0.00 12.43% <-IRR #YR-> 5 CFPS - Less WC 79.64%
P/CF on Closing Price 6.03 7.89 6.69 4.19 5.40 2.95 3.57 5.72 5.69 4.36 3.93 2.36 3.92 4.58 4.03 8.98% <-IRR #YR-> 10 CFPS 5 yr Running 136.37%
*Operational Cash Flow per share CF/-WC P/CF Med 10 yr 4.74 5 yr  5.23 P/CF Med 10 yr 4.10 5 yr  4.15 11.77% Diff M/C 5.39% <-IRR #YR-> 5 CFPS 5 yr Running 30.05%
-65.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 59.7 Shares
-65.5 0.0 0.0 0.0 0.0 59.7 Shares
-$691.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $1,330.8 Cash Flow
-$1,434.1 $0.0 $0.0 $0.0 $0.0 $1,330.8 Cash Flow
-$10.62 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $22.30 Cash Flow per Share
-$21.91 $0.00 $0.00 $0.00 $0.00 $22.30 Cash Flow per Share
-$7.40 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $15.46 CFPS 5 yr Running
-$15.23 $0.00 $0.00 $0.00 $0.00 $15.46 CFPS 5 yr Running
-$727.8 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $1,263.6 Cash Flow less WC
-$771.6 $0.0 $0.0 $0.0 $0.0 $1,263.6 Cash Flow less WC
-$487.7 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $1,091.6 CF less WC 5 Yr Run
-$891.6 $0.0 $0.0 $0.0 $0.0 $1,091.6 CF less WC 5 Yr Run
-$11.17 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $21.18 CFPS - Less WC
-$11.79 $0.00 $0.00 $0.00 $0.00 $21.18 CFPS - Less WC
-$7.51 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $17.75 CFPS 5 yr Running
-$13.65 $0.00 $0.00 $0.00 $0.00 $17.75 CFPS 5 yr Running
Accts and other receivables $1.65 -$15.68 $30.04 -$91.386 -$184.216 -$14.267 $255.909 $95.427 $24.815 -$215.353 -$120.033 $202.175 -$58.939
Inventories $60.03 -$59.27 -$9.72 -$81.304 -$89.878 -$236.810 $192.148 $139.514 -$227.446 -$351.132 -$239.837 -$37.022 $141.622
Current assets $1.00 -$2.12 -$1.02 -$2.761 -$8.191 -$2.507 -$10.386 $6.490 -$6.853 -$4.777 -$3.656 -$10.864 -$5.750
Long Term Rec -$82.292 -$26.078 $130.237 $110.758 $19.230 $4.165 $11.387 -$21.475
Income Taxes $12.64 $0.28 $8.58 $11.315 -$43.383 $15.478 -$44.206 $89.050 -$19.360 -$82.870 $72.839 -$81.927 $16.677
Accounts Paybable and Accrued Lia $34.04 $38.12 -$63.83 $156.753 $225.463 $12.734 -$105.652 $203.964 $166.240 $239.287 $74.792 -$313.830 $15.086
Provisions $5.345 $0.237 -$6.253 $8.525 -$2.196 -$1.769 -$1.531 $3.183 $19.232 -$20.023
                         
Sum $109.36 -$38.66 -$35.94 -$2.038 -$99.968 -$313.917 $270.260 $662.486 $46.385 -$397.146 -$208.547 -$210.849 $67.198
Google-->Morningstar $109.36 -$38.66 -$35.94 -$2.04 -$100 -$314 $270 $662 $46 -$397 -$209 -$211 $67
Differnce $0.00 $0.00 $0.00 $0.00 $0 $0 $0 $0 $0 $0 $0 $0 $0
in 2017 says including provisions $111.11 -$37.95 -$40.24
>Morningstar - TD same but 2017 $111 -$38 -$40 -$2 -$252
Differnce -$2 -$1 $4 $0
OPM 16.24% 13.10% 13.40% 14.92% 12.01% 9.07% 15.74% 24.66% 13.90% 5.91% 8.15% 11.85% 13.01% 10.53% -2.95% <-Total Growth 10 OPM
Increase 48.28% -19.30% 2.29% 11.33% -19.54% -24.44% 73.57% 56.63% -43.62% -57.47% 37.89% 45.36% 9.75% -19.04% Should increase  or be stable.
Diff from Ave 29.8% 4.8% 7.2% 19.3% -4.0% -27.5% 25.9% 97.2% 11.2% -52.7% -34.8% -5.2% 4.0% -15.8% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 12.51% 5 Yrs 11.85% should be  zero, it is a   check on calculations
$1,659.3 <-12 mths 5.25%
Adjusted EBITDA (Normalized) $1,058.6 $1,176.9 $1,082.3 $919.8 $1,045.4 $1,014.0 $1,312.3 $1,564.7 $1,576.6 $1,715.0 $1,810.0 48.93% <-Total Growth 8 Adjusted EBITDA Normalized
Change 11.18% -8.04% -15.01% 13.66% -3.00% 29.42% 19.23% 0.76% 8.78% 5.54% $0.1 <-Median-> 8 Change
Margin 16.17% 15.44% 14.59% 15.82% 15.99% 12.81% 13.48% 14.79% 15.41% 14.55% 14.78% 15.41% <-Median-> 9 Margin
$989.6 <-12 mths 5.96%
EBIT $424.2 $605.4 $565.1 $798.9 $943.9 $933.9 $1,048.0 $1,134.0 <-Total Growth 5 EBIT
Change 42.72% -6.66% 41.37% 18.15% -1.06% 12.22% 8.21% 18.15% <-Median-> 5 Change
Margin 7.29% 9.26% 7.14% 8.21% 8.92% 9.13% 8.89% 9.26% 8.56% <-Median-> 6 Margin
Long Term Debt $487.2 $434.5 $537.4 $1,228.0 $1,288.8 $2,462.8 $1,865.9 $725.9 $770.9 $1,281.6 $1,732.0 $2,255.9 $1,811.7 $2,089.8 237.12% <-Total Growth 10 Debt Type
Change -32.11% -10.83% 23.68% 128.51% 4.95% 91.09% -24.23% -61.10% 6.21% 66.24% 35.14% 30.25% -19.69% 15.35% 18.23% <-Median-> 10 Change Lg Term R
Debt/Market Cap Ratio 0.17 0.09 0.11 0.33 0.27 0.83 0.58 0.16 0.16 0.34 0.44 0.65 0.37 0.37 0.35 <-Median-> 10 % of Market C. Intang/GW
Assets/Current Liabilities Ratio 3.70 3.84 4.10 4.13 4.51 5.14 5.54 3.44 4.23 3.98 3.91 4.22 4.13 3.96 4.17 <-Median-> 10 Assets/Current Liab Ratio Liquidity
Debt to Cash Flow (Years) 1.47 1.14 1.12 2.00 1.84 3.41 2.20 0.73 0.77 1.37 1.81 2.32 1.90 2.05 1.87 <-Median-> 10 Debt to Cash Flow (Years) Liq. + CF
Debt Ratio
Intangibles $24.56 $24.1 $29.8 $279.6 $287.8 $900.6 $873.6 $864.5 $806.5 $902.9 $942.3 $1,135.0 $1,110.0 $1,082.3 3623.90% <-Total Growth 10 Intangibles Leverage
Goodwill $28.11 $26.9 $23.6 $456.8 $485.6 $891.8 $858.5 $890.1 $853.3 $948.9 $1,033.4 $832.6 $950.1 $960.0 3927.52% <-Total Growth 10 Goodwill D/E Ratio
Total $52.7 $51.0 $53.4 $736.4 $773.4 $1,792.4 $1,732.2 $1,754.6 $1,659.8 $1,851.8 $1,975.7 $1,967.6 $2,060.1 $2,042.2 3758.04% <-Total Growth 10 Total
Change 41.74% -3.12% 4.65% 1279.06% 5.03% 131.74% -3.36% 1.29% -5.40% 11.57% 6.69% -0.41% 4.70% -0.87% 4.87% <-Median-> 10 Change
Intangible/Market Cap Ratio 0.02 0.01 0.01 0.20 0.16 0.61 0.54 0.40 0.34 0.49 0.50 0.57 0.42 0.36 0.45 <-Median-> 10 % of Market C.
Current Assets $1,135.1 $1,318.9 $1,741.0 $2,142.9 $2,477.2 $3,180.3 $2,530.8 $2,749.8 $2,982.2 $3,693.3 $3,997.0 $4,605.6 $4,568.7 $5,657.2 Liquidity ratio of 1.5 and up, best
Current Liabilities $709.6 $768.2 $926.1 $1,266.3 $1,296.0 $1,582.5 $1,367.1 $2,197.2 $1,745.1 $2,156.4 $2,518.9 $2,487.0 $2,639.3 $3,016.2 1.72 <-Median-> 10 Ratio
Liquidity 1.60 1.72 1.88 1.69 1.91 2.01 1.85 1.25 1.71 1.71 1.59 1.85 1.73 1.88 1.71 <-Median-> 5 Ratio
Liq. with CF aft div 2.39 2.39 2.60 2.38 2.49 2.43 2.68 1.89 2.20 1.91 1.88 2.33 2.21 2.26 2.20 <-Median-> 5 Ratio
Liq. CF re  Inv+Div  1.73 1.73 1.75 1.06 1.73 1.16 1.92 1.67 1.91 1.43 1.28 1.61 1.68 2.26 1.61 <-Median-> 5 Ratio
Assets $2,629.1 $2,948.4 $3,799.9 $5,227.2 $5,851.2 $8,133.4 $7,578.8 $7,556.7 $7,390.4 $8,576.4 $9,850.5 $10,499.8 $10,891.8 $11,932.2 Debt Ratio of 1.5 and up, best
Liabilities $1,276.8 $1,277.8 $1,541.2 $2,636.9 $2,738.4 $4,330.3 $3,549.1 $3,203.2 $2,791.6 $3,764.7 $4,528.4 $5,071.9 $4,794.4 $5,394.2 2.16 <-Median-> 10 Ratio
Debt Ratio 2.06 2.31 2.47 1.98 2.14 1.88 2.14 2.36 2.65 2.28 2.18 2.07 2.27 2.21 2.27 <-Median-> 5 Ratio
Book Value $1,352.3 $1,670.7 $2,258.7 $2,590.3 $3,112.8 $3,803.1 $4,029.8 $4,353.5 $4,598.8 $4,811.7 $5,322.1 $5,427.9 $6,097.4 $6,538.0 $6,538.0 $6,538.0 169.95% <-Total Growth 10 Book Value
NCI $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Net Book Value $1,352.3 $1,670.7 $2,258.7 $2,590.3 $3,112.8 $3,803.1 $4,029.8 $4,353.5 $4,598.8 $4,811.7 $5,322.1 $5,427.9 $6,097.4 $6,538.0 $6,538.0 $6,538.0 169.95% <-Total Growth 10 Book Value
Book Value per Share $20.88 $25.67 $34.66 $39.69 $47.63 $58.19 $61.77 $66.52 $70.26 $78.20 $86.43 $89.14 $102.19 $110.84 $110.84 $110.84 194.87% <-Total Growth 10 Book Value per Share
Change 22.78% 22.93% 35.01% 14.53% 20.00% 22.18% 6.15% 7.69% 5.63% 11.30% 10.52% 3.13% 14.65% 8.47% 0.00% 0.00% -34.76% P/B Ratio Current/Historical Median
P/B Ratio (Median) 1.60 2.22 2.20 1.47 1.42 1.03 0.73 0.72 1.10 0.82 0.78 0.72 0.64 0.84 1.33 P/B Ratio Historical Median
P/B Ratio (Close) 2.12 2.76 2.16 1.45 1.54 0.78 0.80 1.01 1.07 0.78 0.74 0.64 0.81 0.87 0.87 1.03 11.42% <-IRR #YR-> 10 Book Value per Share 194.87%
Change 55.14% 30.61% -21.98% -32.60% 5.75% -49.35% 2.18% 27.43% 5.21% -26.50% -5.50% -13.99% 27.42% 7.11% 8.97% <-IRR #YR-> 5 Book Value per Share 53.64%
Leverage (A/BK) 1.94 1.76 1.68 2.02 1.88 2.14 1.88 1.74 1.61 1.78 1.85 1.93 1.79 1.83 1.84 <-Median-> 10 A/BV
Debt/Equity Ratio 0.94 0.76 0.68 1.02 0.88 1.14 0.88 0.74 0.61 0.78 0.85 0.93 0.79 0.83 0.84 <-Median-> 10 Debt/Eq Ratio
Sharerholders Equity (Assets less liabilities) P/BV 10 yr Med 0.80 5 yr Med 0.78 8.84% Diff M/C 1.88 Historical A/BV
-$34.66 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $102.19
-$66.52 $0.00 $0.00 $0.00 $0.00 $102.19
$866 <-12 mths 7.67%
Comprehensive Income $319.89 $337.54 $610.25 $354.06 $550.22 $723.06 $277.15 $348.14 $286.81 $503.39 $556.41 $206.76 $804.64 31.86% <-Total Growth 10 Comprehensive Income
NCI $0.00 $0.00 $0.00 $0.40 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 NCI
Shareholders $319.89 $337.54 $610.25 $353.66 $550.22 $723.06 $277.15 $348.14 $286.81 $503.39 $556.41 $206.76 $804.64 31.86% <-Total Growth 10 Comprehensive Inc.
Increase 101.13% 5.52% 80.79% -42.05% 55.58% 31.41% -61.67% 25.61% -17.62% 75.52% 10.53% -62.84% 289.17% 10.53% <-Median-> 5 Comprehensive Income
5 Yr Running Average $109.82 $190.30 $300.07 $356.07 $434.31 $514.94 $502.87 $450.44 $437.07 $427.71 $394.38 $380.30 $471.60 2.80% <-IRR #YR-> 10 Comprehensive Income 31.86%
ROE 23.7% 20.2% 27.0% 13.7% 17.7% 19.0% 6.9% 8.0% 6.2% 10.5% 10.5% 3.8% 13.2% 18.24% <-IRR #YR-> 5 Comprehensive Income 131.13%
5Yr Median 8.1% 14.5% 20.2% 20.2% 20.2% 19.0% 17.7% 13.7% 8.0% 8.0% 8.0% 8.0% 10.5% 4.62% <-IRR #YR-> 10 5 Yr Running Average 57.16%
% Difference from Net Income 39.2% 5.3% 39.7% -32.3% 0.2% 22.2% -35.6% 24.7% -31.8% 18.1% 10.6% -19.9% 37.7% 0.92% <-IRR #YR-> 5 5 Yr Running Average 4.70%
Median Values Diff 5, 10 yr 5.4% 10.6% 10.5% <-Median-> 5 Return on Equity
-$610.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $804.6
-$348.1 $0.0 $0.0 $0.0 $0.0 $804.6
-$300.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $471.6
-$450.4 $0.0 $0.0 $0.0 $0.0 $471.6
Current Liability Coverage Ratio 0.67 0.76 0.79 0.71 0.68 0.64 0.66 0.35 0.49 0.40 0.40 0.59 0.48 0.41   CFO / Current Liabilities
5 year Median 0.52 0.60 0.67 0.71 0.71 0.71 0.68 0.66 0.64 0.49 0.40 0.40 0.48 0.41 0.48 <-Median-> 5 Current Liability Cov Ratio
Asset Efficiency Ratio 18.04% 19.85% 19.15% 17.18% 15.14% 12.36% 11.84% 10.21% 11.67% 10.09% 10.17% 13.95% 11.60% 10.40% CFO / Total Assets
5 year Median 13.98% 14.12% 18.04% 18.04% 18.04% 17.18% 15.14% 12.36% 11.84% 11.67% 10.21% 10.21% 11.60% 10.40% 11.6% <-Median-> 5 Return on Assets 
Return on Assets ROA 8.74% 10.87% 11.49% 9.99% 9.39% 7.27% 5.68% 3.69% 5.69% 4.97% 5.11% 2.46% 5.37% 6.07% Net  Income/Assets Return on Assets
5Yr Median 4.89% 6.06% 8.74% 9.99% 9.99% 9.99% 9.39% 7.27% 5.69% 5.68% 5.11% 4.97% 5.11% 5.11% 5.1% <-Median-> 5 Asset Efficiency Ratio
Return on Equity ROE 16.99% 19.19% 19.33% 20.16% 17.65% 15.55% 10.68% 6.41% 9.14% 8.86% 9.45% 4.76% 9.59% 11.07% Net Inc/ Shareholders' equity Return on Equity
5Yr Median 11.15% 13.28% 16.99% 19.19% 19.19% 19.19% 17.65% 15.55% 10.68% 9.14% 9.14% 8.86% 9.14% 9.45% 9.1% <-Median-> 5 Return on Equity
$684.38 <-12 mths 17.08%
Net Income $229.79 $320.56 $436.67 $522.53 $549.37 $591.48 $430.44 $279.13 $420.56 $426.19 $503.05 $258.26 $584.52 33.86% <-Total Growth 10 Net Income
NCI $0.00 $0.00 $0.00 $0.40 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 NCI
Shareholders Net Income $229.79 $320.56 $436.67 $522.13 $549.37 $591.48 $430.44 $279.13 $420.56 $426.19 $503.05 $258.26 $584.52 $724 $788 33.86% <-Total Growth 10 Shareholders
Increase 57.28% 39.50% 36.22% 19.57% 5.22% 7.67% -27.23% -35.15% 50.67% 1.34% 18.03% -48.66% 126.33% -6.15% -6.15% EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average $103.8 $177.3 $246.9 $331.0 $411.7 $484.0 $506.0 $474.5 $454.2 $429.6 $411.9 $377.4 $438.5 $399.8 $399.8 2.96% <-IRR #YR-> 10 Net Income 33.86%
Operating Cash Flow $583.74 $546.55 $691.86 $896.07 $785.93 $691.24 $1,167.68 $1,434.09 $908.76 $468.13 $793.55 $1,254.04 $1,330.78 15.93% <-IRR #YR-> 5 Net Income 109.40%
Investing Cash Flow -$270.87 -$295.48 -$449.08 -$1,574.92 -$576.96 -$1,726.07 -$547.20 -$290.31 -$267.32 -$715.74 -$1,194.01 -$1,117.44 -$837.27 5.91% <-IRR #YR-> 10 5 Yr Running Average 77.60%
Total Accruals -$83.08 $69.49 $193.90 $1,200.98 $340.40 $1,626.31 -$190.04 -$864.64 -$220.89 $673.81 $903.52 $121.67 $91.01 -1.57% <-IRR #YR-> 5 5 Yr Running Average -7.59%
Total Assets $2,629.1 $2,948.4 $3,799.9 $5,227.2 $5,851.2 $8,133.4 $7,578.8 $7,556.7 $7,390.4 $8,576.4 $9,850.5 $10,499.8 $10,891.8 Balance Sheet Assets
Accruals Ratio -3.16% 2.36% 5.10% 22.98% 5.82% 20.00% -2.51% -11.44% -2.99% 7.86% 9.17% 1.16% 0.84% 1.16% <-Median-> 5 Ratio
EPS/CF Ratio 0.48 0.54 0.59 0.58 0.61 0.58 0.48 0.36 0.49 0.47 0.50 0.17 0.46 0.48 <-Median-> 10 EPS/CF Ratio
-$436.7 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $584.5
-$279.1 $0.0 $0.0 $0.0 $0.0 $584.5
-$246.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $438.5
-$474.5 $0.0 $0.0 $0.0 $0.0 $438.5
Change in Close 90.47% 60.56% 5.33% -22.80% 26.90% -38.12% 8.45% 37.23% 11.14% -18.19% 4.44% -11.29% 46.08% 16.18% 0.00% 17.94% Count 31 Change in Close
up/down down down down down up down down Count 18
Meet Prediction? Yes Yes Yes Yes % right Count 11 61.11%
Financial Cash Flow -$272.25 -$193.04 -$130.69 $789.93 -$170.97 $1,053.18 -$724.08 -$616.41 -$572.08 $156.39 $207.40 $235.92 -$645.50 C F Statement  Financial CF
Total Accruals $189.17 $262.53 $324.58 $411.05 $511.37 $573.13 $534.04 -$248.23 $351.19 $517.42 $696.12 -$114.26 $736.52 Accruals
Accruals Ratio 7.20% 8.90% 8.54% 7.86% 8.74% 7.05% 7.05% -3.28% 4.75% 6.03% 7.07% -1.09% 6.76% 6.03% <-Median-> 5 Ratio
Cash $129.84 $194.05 $339.08 $404.97 $439.06 $471.98 $338.23 $861.00 $928.43 $928.43 $653.33 $1,054.60 $911.08 $1,270.43 Cash
Cash per Share $2.00 $2.98 $5.20 $6.21 $6.72 $7.22 $5.18 $13.15 $14.19 $15.09 $10.61 $17.32 $15.27 $21.54 $15.09 <-Median-> 5 Cash per Share
Percentage of Stock Price 4.54% 4.20% 6.96% 10.76% 9.18% 15.94% 10.55% 19.51% 18.93% 24.62% 16.57% 30.50% 18.41% 22.35% 18.93% <-Median-> 5 % of Stock Price
Notes:
September 19, 2026.  Last estimates were for 2025, 2026, 2027 of $10033M, $10376M, $10595M Revenue, $10.07, $10.82, $13.20 AEPS, $9.86, $10.82 2025/6 EPS, 
$1.12, $1.28 2025/6, $672.10M, $647.50M 2025/6, $18.80, $21.78 2025/6 CFPS, $1,547M, $1578M, $1691M EBITDA, $920.2, $953.1, $1051 EBIT, $600M, $659M 2025/6 Net Income.
September 26, 2025.  Last estimates were for 2024, 2025, 2025 of $10870M, $11150M, $11703M Revenue, $10.22, $10.62 $12.49 AEPS, $9.50, $10.65, $12.48 EPS, 
$1.00, $1.08, $0.92 Dividends, $365.6M, $413.9M 2024/5 FCF, $17.11, $18.62 2024/5 CFPS, $1559M, $1602M, $1743M EBITDA, $585M, $656M, $768M Net Income.
September 22, 2024.  Last estimates were for 2023, 2024, 2025 of $9523M, $10392M, $11459M Revenue, $8.59, $9.88, $11.22 AEPS, 
$8.42, $9.13, $11.22 EPS, $1.13, $0.92, $0.92 Dividends, $249M, $317M,$449M FCF, $15.30, $19.00, $21.10 CFPS, $518M, $562M, $690M Net Income.
September 23, 2023.  Last estimates were for 2022 and 2023 of $7830M, $8556M and $9,000M 2022/24 for Revenue, $6.73 and $8.75 for AEPS, 
$6.73 and $8.75 for EPS, $0.81, $0.80 for Dividends, $213M, and $318M for FCF, $8.74, $11.43 and $12.49 2022/4 for CFPS, $400M, $543M and $614M 2022/4 for Net Income.
September 25, 2022.  Last estimate were for 2021 and 2022 of $6792M and $7785M for Revenue, $7.45 and $8.34 for EPS, $0.64 and $0.64 for Dividends, 
$361M and $338M for FCF, $14.90 for CFPS (2021) and $332 for 2021 for Net Income.
September 20, 2021.  Last estimates were for 2020, 2021 and 2022 of $5625M, $6558M and $6990M for Revenue, $2.77, 5.05 and $5.95 for EPS, 
$0.24, $0.36 and $0.48 for Dividends, $362M, $271M for 2020 and 21 for FCF, $14.90 for 2020 for CFPS and $182M and $332M for Net Income 2020-21.
September 27, 2020.  Last estimates were for 2019 and 2020 of $7633M and $7833M for Revenue, $7.75 and $8.12 for EPS, 
$0.48 and $0.48 for Dividends, $15.60 and $14.90 for CFPS and $507M, and $533M for Net Income.
September 27, 2019.  Last estimates were for 2018, 2019 and 2020 of 7671M, $8185M and $8613M for Revenue, $9.17, $10.30 and $11.50 for EPS, 
$14.70, $16.10 and $17.30 for CFPS nd $607M, $678M and $758M for Net Income.
October 6, 2018.  Last estimates were for 2017, 2018 and 2019 of $6443M, $6949M and $7256M for Revenue, $8.32, $8.73 and $9.16 for EPS,
 $13.70, $14.70 and $15.60 for CFPS, $551M, $581M and $604M for Net Income
October 7, 2017.  Last estimates were for 2016, 2017 and 2018 of $6148M, $6576M and $6993M for Revenue, $7.66, $8.18 and $8.94 for EPS, 
$9.35 for 2016 for CFPS and $453 and $490 for Net Income for 2016 and 2017,
October 7, 2016.  Last estimates were for 2015, 2016 and 2017 of $5132M, $5665M and $5999M for Revenue, $6.51, $6.95 and $7.03 for EPS, 
$9.35 and $10.10 for CFPS for 2015 and 2016 and $420M, $453M and $490M for Net Income.
October 11, 2015.  Last estimates were for 2014, 2015 and 2016 of $4140M, $4366M and $4722M for Revenue, $4.42, $4.70 and $5.07 for EPS, 
$8.40, $9.35 and $10.10 for CFPS, $285M, $307M and $330M for Net Income.
October 5, 2014.  Last estimates were for 2013, 2014 and 2015 of $3457M, $3771M and $4086M for Revenue, $2.99, $3.23 and $3.51 for EPS, $6.40 $6.58 and $7.37 for CFPS. 
Sept 15, 2013.  Last estimates were for 2012 and 2013 of $3200M and $3700M for Revenue, $2.33 and $2.78 for EPS.
July 22, 2012.  Last I got estimates for EPS were for 2010 to 2012 at $1.35, $1.80 and $2.33 for for CF were for 2010 and 2011 of $3.77 and $4.56
Feb 7, 2011.  The last time I looked I got estiamtes for 2009 and 2010 of $-.07 and .75 for earnings and $2.54 and $3.15 for cash flow.
Nov 29, 2009.  When I last looked at this stock I got earnings of $1.33 and $1.28 for 2008 and 2009.
2000.  I started to track this stock in 2000 as it had been recommended by a number of analysts as good value.  However, it did not fit into my concept of a buy and hold stock.
Initial view: Their progress is uneven.  They are sometimes heavily loaded with debt.  The stock was worth more 10 years ago than it is today.
Incorporated in 1966 as Linamar Machine Limited
Sector:
Consumer Discretionary
What should this stock accomplish?
Would I buy this company and Why.
This is a good company, but dividend yield is generally too low.  I would consider it at times when the dividend yield pokes above 1%.
Why am I following this stock. 
I looked at this stock back in 2000 and it was not a stock I thought fit my investment philosophy.  In 2008 I read an article that recommended this company as a dividend stock with good value.  
This stock used to be on the Investment reporter portfolio stock list as an average risk stock.  However, it has now been taken off this list. 
It is on the Money Saving list of Top 100 Canadian Dividend stocks.
Dividends
Dividends are paid quarterly in cycle 3, that is April, June, September and December.  Dividends are declared in one month and payable in the following month.  
For example, the dividend declared for shareholders of record of August 26, 2013 was payable on September13, 2013.
Note first dividends is generally paid in April, not cycle 3's March.
How they make their money.
Linamar Corp is a diversified world-wide manufacturing company of engineered products.
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield and asset/liability ratios and here you want a higher ratios to indicate a good stock price.  
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
Shares; '%, Value $M %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M See annual report Change
Date 2018 Sep 27 2019 Sep 27 2020 Sep 20 2021 Sep 25 2022 Sep 23 2023 Sep 22 2024 Sep 26 2025 Sep 19 2026
Jarrell, James 0.169 0.27% 0.223 0.37% 0.219 0.37% 0.001 0.00% CEO 2024 -99.59%
CEO - Shares - Amount $10.834 $12.655 $18.185 $0.087
Options - percentage 1.150 1.87% 1.250 2.05% 1.302 2.18% 1.253 2.12% -3.79%
Options - amount $73.623 $70.988 $108.013 $120.732
Schneider, Dale 0.03% 0.019 0.03% 0.019 0.03% 0.020 0.03% 0.020 0.03% 0.021 0.03% 0.021 0.04% 0.022 0.04% 0.007 0.01% -69.50%
CFO - Shares - Amount $0.816 $0.914 $1.309 $1.499 $1.255 $1.340 $1.216 $1.819 $0.645
Options - percentage 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.001 0.00% 0.002 0.00% 75.19%
Options - amount $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.110 $0.223
Chaves, Jose Manuel 0.013 0.02% 0.013 0.02% 0.013 0.02%
Officer - Shares - Amount $0.819 $0.727 $1.062
Options - percentage 0.006 0.01% 0.008 0.01% 0.008 0.01%
Options - amount $0.384 $0.437 $0.638
Burger, Elliot 0.003 0.01% 0.003 0.01% 8.45%
Officer - Shares - Amount $0.253 $0.319
Options - percentage 0.001 0.00% 0.002 0.00% 96.30%
Options - amount $0.094 $0.215
Huang, Henry (Whenhang) 0.004 0.01% 0.002 0.00% 0.002 0.00% 0.00%
Officer - Shares - Amount $0.239 $0.158 $0.183
Options - percentage 0.003 0.00% 0.004 0.01% 0.000 0.00% -95.94%
Options - amount $0.162 $0.341 $0.016
Burger, Elliot 0.003 0.01% 0.003 0.01% 8.45%
Officer - Shares - Amount $0.253 $0.319
Options - percentage 0.001 0.00% 0.002 0.00% 96.30%
Options - amount $0.094 $0.215
Stoddart, Mark 1.12% 0.685 1.05% 0.820 1.25% 0.709 1.08% 0.610 0.99% 0.571 0.93% 0.560 0.92% 0.543 0.91% 0.510 0.86% Officer & Director -6.07%
Officer - Shares - Amount $33.180 $33.660 $55.256 $53.130 $37.376 $36.559 $31.802 $45.043 $49.153
Options - percentage 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.001 0.00% 0.002 0.00% 42.13%
Options - amount $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.103 $0.170
Reidel, Terry 0.001 0.00% 0.001 0.00% 0.004 0.01% 0.004 0.01% 0.004 0.01% 0.00%
Director - Shares - Amount $0.046 $0.048 $0.227 $0.332 $0.386
Options - percentage 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% #DIV/0!
Options - amount $0.000 $0.000 $0.000 $0.000 $0.000
Grimm, Dennis 0.004 0.01% 0.004 0.01% 0.004 0.01% 0.004 0.01% 0.004 0.01% 0.004 0.01% 0.00%
Director - Shares - Amount $0.313 $0.256 $0.268 $0.237 $0.347 $0.403
Options - percentage 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% #DIV/0!
Options - amount $0.000 $0.000 $0.000 $0.000 $0.000 $0.000
Forwell, Lisa 0.001 0.00% 0.001 0.00% 0.002 0.00% 0.002 0.00% 0.002 0.00% 0.002 0.00% 0.002 0.00% 0.00%
Director - Shares - Amount $0.034 $0.082 $0.092 $0.096 $0.106 $0.124 $0.145
Options - percentage 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.002 0.00% 0.003 0.00% 31.12%
Options - amount $0.000 $0.000 $0.000 $0.000 $0.000 $0.161 $0.246
Hasenfratz, Linda 6.17% 4.336 6.65% 4.591 7.01% 4.641 7.09% 4.691 7.62% 20.308 32.98% 20.355 33.43% 20.402 34.19% 20.453 34.68% Was Chair, CEO to 2024 0.25%
Chair - Shares - Amount $182.657 $213.035 $309.518 $347.742 $287.552 $1,300.143 $1,155.934 $1,692.564 $1,971.240
Options - percentage 0.68% 0.197 0.30% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.002 0.00% 0.003 0.01% 29.92%
Options - amount $20.238 $9.666 $0.000 $0.000 $0.000 $0.000 $0.000 $0.206 $0.311
Hasenfratz, Frank 23.38% 15.515 23.78% 15.712 24.01% 15.690 23.97% Ceased insider Jan 2022
Chairman - Shares - Amount $692.289 $762.258 $1,059.294 $1,175.655
Options - percentage 0.68% 0.197 0.30% 0.000 0.00% 0.000 0.00%
Options - amount $20.238 $9.666 $0.000 $0.000
Increase in O/S Shares 0.15% 0.000 0.00% 0.600 0.92% 0.492 0.75% 0.000 0.00% 0.050 0.08% 0.050 0.08% 0.000 0.00% 0.100 0.17% 0% right for 2019, 21,24
due to SO $7.033 $0.000 $29.478 $33.162 $0.000 $3.065 $3.201 $0.000 $8.296
Book Value $2.008 $0.000 $11.382 $14.417 $0.000 $1.595 $3.175 $3.492 $11.493
Insider Buying -$5.591 -$2.686 -$8.989 -$3.562 -$3.877 -$3.467 $3.023 -$3.001 -$4.004
Insider Selling $3.310 $7.117 $1.407 $9.978 $6.592 $2.623 $1.005 $2.721 $4.820
Net Insider Selling -$2.281 $4.431 -$7.582 $6.416 $2.715 -$0.844 $4.028 -$0.279 $0.816
% of Market Cap -0.08% 0.14% -0.17% 0.13% 0.07% -0.02% 0.12% -0.01% 0.01%
Directors 6 6 6 6 6 6 6 6
Women 17% 1 17% 2 33% 2 33% 2 33% 2 33% 2 33% 2 33% 2 33%
Minorities 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0%
Institutions/Holdings 22.24% 20 20 40.53% 20 41.20% 20 36.40% 20 18.41% 20 15.64% 20 15.64% 16 0.33% funds only26
Total Shares Held 22.49% 11.362 17.42% 26.329 40.23% 26.964 41.20% 23.145 37.62% 11.327 18.39% 9.632 15.82% 10.306 17.27% 0.192 0.32%
Increase/Decrease 1.72% 1.255 12.42% 0.542 2.10% 0.639 2.43% -0.931 -3.87% 2.388 26.72% -0.451 -4.48% 0.356 3.58% 0.356 -217.61%
Starting No. of Shares 10.107 Top 20 25.787 Top 20 26.326 Top 20 24.076 Top 20 8.938 Top 20 10.083 Top 20 9.950 Top 20 -0.164 Top 20
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