{
  "ticker": {
    "uuid": "8464b347-31c3-428b-88b2-e4f456c21562",
    "symbol": "HLAG",
    "name": "Hapag-Lloyd Aktiengesellschaft",
    "exchange": "GER",
    "exchange_name": "XETRA",
    "country": "DE",
    "currency": "EUR",
    "sector": "Industrials",
    "industry": "Marine Shipping",
    "page_url": "https://sharemaestro.com/factors/ticker/8464b347-31c3-428b-88b2-e4f456c21562/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/8464b347-31c3-428b-88b2-e4f456c21562/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "8464b347-31c3-428b-88b2-e4f456c21562",
      "symbol": "HLAG",
      "name": "Hapag-Lloyd Aktiengesellschaft",
      "exchange": "GER",
      "exchange_name": "XETRA",
      "country": "DE",
      "currency": "EUR",
      "sector": "Industrials",
      "industry": "Marine Shipping",
      "page_url": "https://sharemaestro.com/factors/ticker/8464b347-31c3-428b-88b2-e4f456c21562/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/8464b347-31c3-428b-88b2-e4f456c21562/"
    },
    "week_end_date": "2026-08-09",
    "universe": "EUR_DE",
    "score": {
      "os": 0.04,
      "value": 0.28,
      "quality": 0.07,
      "momentum": 0.3,
      "coverage": 0.939,
      "confidence": 0.879,
      "delta": -0.01
    },
    "headline_factors": {
      "price": 125.1,
      "market_cap": 21987612302.78,
      "pe_ratio": 88.7313,
      "earnings_yield": 0.014,
      "ebitda_to_ev": 0.1128,
      "shareholder_yield": 0.024,
      "roe": 0.0137,
      "piotroski_f_score": 5,
      "momentum_12_1": -0.0818,
      "volatility_252d": 0.3573
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": false
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": 88.7313,
        "ev_ebitda": 8.8616,
        "earnings_yield": 0.014,
        "fcf_yield": 0.0371,
        "shareholder_yield": 0.024
      },
      "quality": {
        "roe": 0.0137,
        "roic": 0.0126,
        "gross_margin": 0.0585,
        "fcf_margin": 0.053,
        "piotroski_f_score": 5
      },
      "growth": {
        "revenue_growth_1y": -0.0251,
        "eps_growth_1y": -0.6186,
        "fcf_growth_1y": -0.5077
      },
      "momentum": {
        "price_return_12m": -0.0157,
        "momentum_12_1": -0.0818,
        "relative_strength": -0.1049
      },
      "scores": {
        "value_percentile": 0.28,
        "quality_percentile": 0.07,
        "momentum_percentile": 0.3,
        "growth_composite": 95,
        "yield_composite": 63,
        "overall_composite": 96,
        "os_score": 0.04,
        "factor_coverage": 0.939,
        "signal_confidence": 0.879
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 116.8,
      "os": 0.03,
      "value": 0.31,
      "quality": 0.06,
      "momentum": 0.18,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 82.8442,
      "earnings_yield": 0.0149,
      "shareholder_yield": 0.0257,
      "roe": 0.0137,
      "momentum_12_1": -0.213
    },
    {
      "week_end_date": "2026-06-14",
      "price": 116.8,
      "os": 0.03,
      "value": 0.3,
      "quality": 0.06,
      "momentum": 0.19,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 82.8442,
      "earnings_yield": 0.0149,
      "shareholder_yield": 0.0257,
      "roe": 0.0137,
      "momentum_12_1": -0.1819
    },
    {
      "week_end_date": "2026-06-21",
      "price": 113.8,
      "os": 0.03,
      "value": 0.31,
      "quality": 0.06,
      "momentum": 0.19,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 80.7164,
      "earnings_yield": 0.0152,
      "shareholder_yield": 0.0264,
      "roe": 0.0137,
      "momentum_12_1": -0.1464
    },
    {
      "week_end_date": "2026-06-28",
      "price": 112.6,
      "os": 0.04,
      "value": 0.31,
      "quality": 0.06,
      "momentum": 0.24,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 79.8652,
      "earnings_yield": 0.0154,
      "shareholder_yield": 0.0266,
      "roe": 0.0137,
      "momentum_12_1": -0.1137
    },
    {
      "week_end_date": "2026-07-05",
      "price": 117.5,
      "os": 0.05,
      "value": 0.31,
      "quality": 0.07,
      "momentum": 0.3,
      "confidence": 0.931,
      "coverage": 0.939,
      "pe_ratio": 83.3407,
      "earnings_yield": 0.0148,
      "shareholder_yield": 0.0255,
      "roe": 0.0137,
      "momentum_12_1": -0.042
    },
    {
      "week_end_date": "2026-07-12",
      "price": 116.7,
      "os": 0.06,
      "value": 0.31,
      "quality": 0.07,
      "momentum": 0.3,
      "confidence": 0.92,
      "coverage": 0.939,
      "pe_ratio": 82.7733,
      "earnings_yield": 0.0149,
      "shareholder_yield": 0.0257,
      "roe": 0.0137,
      "momentum_12_1": -0.0586
    },
    {
      "week_end_date": "2026-07-19",
      "price": 126.9,
      "os": 0.04,
      "value": 0.27,
      "quality": 0.07,
      "momentum": 0.34,
      "confidence": 0.91,
      "coverage": 0.939,
      "pe_ratio": 90.008,
      "earnings_yield": 0.0139,
      "shareholder_yield": 0.0236,
      "roe": 0.0137,
      "momentum_12_1": -0.074
    },
    {
      "week_end_date": "2026-07-26",
      "price": 130.5,
      "os": 0.04,
      "value": 0.25,
      "quality": 0.06,
      "momentum": 0.33,
      "confidence": 0.9,
      "coverage": 0.939,
      "pe_ratio": 92.5614,
      "earnings_yield": 0.0135,
      "shareholder_yield": 0.023,
      "roe": 0.0137,
      "momentum_12_1": -0.1352
    },
    {
      "week_end_date": "2026-08-02",
      "price": 127.1,
      "os": 0.05,
      "value": 0.27,
      "quality": 0.06,
      "momentum": 0.37,
      "confidence": 0.889,
      "coverage": 0.939,
      "pe_ratio": 90.1499,
      "earnings_yield": 0.0138,
      "shareholder_yield": 0.0236,
      "roe": 0.0137,
      "momentum_12_1": -0.0293
    },
    {
      "week_end_date": "2026-08-09",
      "price": 125.1,
      "os": 0.04,
      "value": 0.28,
      "quality": 0.07,
      "momentum": 0.3,
      "confidence": 0.879,
      "coverage": 0.939,
      "pe_ratio": 88.7313,
      "earnings_yield": 0.014,
      "shareholder_yield": 0.024,
      "roe": 0.0137,
      "momentum_12_1": -0.0818
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 18632800000,
          "cost_of_revenue": 16983700000,
          "gross_profit": 1649100000,
          "ebit": 952800000,
          "ebitda": 3502000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 909800000,
          "net_income_to_common": 909800000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3475000000,
          "total_current_assets": 8435000000,
          "total_assets": 28907100000,
          "short_term_debt": 559100000,
          "long_term_debt": 2191100000,
          "total_debt": 6387600000,
          "total_liabilities": null,
          "total_equity": 17930300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2532700000,
          "capital_expenditure": -1450300000,
          "free_cash_flow": 1082400000,
          "dividends_paid": -1457300000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 209400000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 18632800000,
          "cost_of_revenue": 16983700000,
          "gross_profit": 1649100000,
          "ebit": 952800000,
          "ebitda": 3502000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 909800000,
          "net_income_to_common": 909800000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3475000000,
          "total_current_assets": 8435000000,
          "total_assets": 28907100000,
          "short_term_debt": 559100000,
          "long_term_debt": 2191100000,
          "total_debt": 6387600000,
          "total_liabilities": null,
          "total_equity": 17930300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2532700000,
          "capital_expenditure": -1450300000,
          "free_cash_flow": 1082400000,
          "dividends_paid": -1457300000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 209400000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 18632800000,
          "cost_of_revenue": 16983700000,
          "gross_profit": 1649100000,
          "ebit": 952800000,
          "ebitda": 3502000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 909800000,
          "net_income_to_common": 909800000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3475000000,
          "total_current_assets": 8435000000,
          "total_assets": 28907100000,
          "short_term_debt": 559100000,
          "long_term_debt": 2191100000,
          "total_debt": 6387600000,
          "total_liabilities": null,
          "total_equity": 17930300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2532700000,
          "capital_expenditure": -1450300000,
          "free_cash_flow": 1082400000,
          "dividends_paid": -1457300000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 209400000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 18632800000,
          "cost_of_revenue": 16983700000,
          "gross_profit": 1649100000,
          "ebit": 952800000,
          "ebitda": 3502000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 909800000,
          "net_income_to_common": 909800000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3475000000,
          "total_current_assets": 8435000000,
          "total_assets": 28907100000,
          "short_term_debt": 559100000,
          "long_term_debt": 2191100000,
          "total_debt": 6387600000,
          "total_liabilities": null,
          "total_equity": 17930300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2532700000,
          "capital_expenditure": -1450300000,
          "free_cash_flow": 1082400000,
          "dividends_paid": -1457300000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 209400000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 18632800000,
          "cost_of_revenue": 16983700000,
          "gross_profit": 1649100000,
          "ebit": 952800000,
          "ebitda": 3502000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 909800000,
          "net_income_to_common": 909800000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3475000000,
          "total_current_assets": 8435000000,
          "total_assets": 28907100000,
          "short_term_debt": 559100000,
          "long_term_debt": 2191100000,
          "total_debt": 6387600000,
          "total_liabilities": null,
          "total_equity": 17930300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2532700000,
          "capital_expenditure": -1450300000,
          "free_cash_flow": 1082400000,
          "dividends_paid": -1457300000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 209400000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 18632800000,
          "cost_of_revenue": 16983700000,
          "gross_profit": 1649100000,
          "ebit": 952800000,
          "ebitda": 3502000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 909800000,
          "net_income_to_common": 909800000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3475000000,
          "total_current_assets": 8435000000,
          "total_assets": 28907100000,
          "short_term_debt": 559100000,
          "long_term_debt": 2191100000,
          "total_debt": 6387600000,
          "total_liabilities": null,
          "total_equity": 17930300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2532700000,
          "capital_expenditure": -1450300000,
          "free_cash_flow": 1082400000,
          "dividends_paid": -1457300000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 209400000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 18632800000,
          "cost_of_revenue": 16983700000,
          "gross_profit": 1649100000,
          "ebit": 952800000,
          "ebitda": 3502000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 909800000,
          "net_income_to_common": 909800000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3475000000,
          "total_current_assets": 8435000000,
          "total_assets": 28907100000,
          "short_term_debt": 559100000,
          "long_term_debt": 2191100000,
          "total_debt": 6387600000,
          "total_liabilities": null,
          "total_equity": 17930300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2532700000,
          "capital_expenditure": -1450300000,
          "free_cash_flow": 1082400000,
          "dividends_paid": -1457300000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 209400000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 18632800000,
          "cost_of_revenue": 16983700000,
          "gross_profit": 1649100000,
          "ebit": 952800000,
          "ebitda": 3502000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 909800000,
          "net_income_to_common": 909800000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3475000000,
          "total_current_assets": 8435000000,
          "total_assets": 28907100000,
          "short_term_debt": 559100000,
          "long_term_debt": 2191100000,
          "total_debt": 6387600000,
          "total_liabilities": null,
          "total_equity": 17930300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2532700000,
          "capital_expenditure": -1450300000,
          "free_cash_flow": 1082400000,
          "dividends_paid": -1457300000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 209400000
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 4200900000,
          "cost_of_revenue": 4205500000,
          "gross_profit": -4600000,
          "ebit": -133500000,
          "ebitda": 492000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -220300000,
          "net_income_to_common": -220300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3336700000,
          "total_current_assets": 8775500000,
          "total_assets": 29901200000,
          "short_term_debt": 525400000,
          "long_term_debt": 2281600000,
          "total_debt": 6508200000,
          "total_liabilities": null,
          "total_equity": 18071300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 427600000,
          "capital_expenditure": -125100000,
          "free_cash_flow": 302500000,
          "dividends_paid": -8700000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -169300000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 4200900000,
          "cost_of_revenue": 4205500000,
          "gross_profit": -4600000,
          "ebit": -133500000,
          "ebitda": 492000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -220300000,
          "net_income_to_common": -220300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3336700000,
          "total_current_assets": 8775500000,
          "total_assets": 29901200000,
          "short_term_debt": 525400000,
          "long_term_debt": 2281600000,
          "total_debt": 6508200000,
          "total_liabilities": null,
          "total_equity": 18071300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 427600000,
          "capital_expenditure": -125100000,
          "free_cash_flow": 302500000,
          "dividends_paid": -8700000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -169300000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 4200900000,
          "cost_of_revenue": 4205500000,
          "gross_profit": -4600000,
          "ebit": -133500000,
          "ebitda": 492000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -220300000,
          "net_income_to_common": -220300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3336700000,
          "total_current_assets": 8775500000,
          "total_assets": 29901200000,
          "short_term_debt": 525400000,
          "long_term_debt": 2281600000,
          "total_debt": 6508200000,
          "total_liabilities": null,
          "total_equity": 18071300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 427600000,
          "capital_expenditure": -125100000,
          "free_cash_flow": 302500000,
          "dividends_paid": -8700000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -169300000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 4200900000,
          "cost_of_revenue": 4205500000,
          "gross_profit": -4600000,
          "ebit": -133500000,
          "ebitda": 492000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -220300000,
          "net_income_to_common": -220300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3336700000,
          "total_current_assets": 8775500000,
          "total_assets": 29901200000,
          "short_term_debt": 525400000,
          "long_term_debt": 2281600000,
          "total_debt": 6508200000,
          "total_liabilities": null,
          "total_equity": 18071300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 427600000,
          "capital_expenditure": -125100000,
          "free_cash_flow": 302500000,
          "dividends_paid": -8700000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -169300000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 4200900000,
          "cost_of_revenue": 4205500000,
          "gross_profit": -4600000,
          "ebit": -133500000,
          "ebitda": 492000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -220300000,
          "net_income_to_common": -220300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3336700000,
          "total_current_assets": 8775500000,
          "total_assets": 29901200000,
          "short_term_debt": 525400000,
          "long_term_debt": 2281600000,
          "total_debt": 6508200000,
          "total_liabilities": null,
          "total_equity": 18071300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 427600000,
          "capital_expenditure": -125100000,
          "free_cash_flow": 302500000,
          "dividends_paid": -8700000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -169300000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 4200900000,
          "cost_of_revenue": 4205500000,
          "gross_profit": -4600000,
          "ebit": -133500000,
          "ebitda": 492000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -220300000,
          "net_income_to_common": -220300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3336700000,
          "total_current_assets": 8775500000,
          "total_assets": 29901200000,
          "short_term_debt": 525400000,
          "long_term_debt": 2281600000,
          "total_debt": 6508200000,
          "total_liabilities": null,
          "total_equity": 18071300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 427600000,
          "capital_expenditure": -125100000,
          "free_cash_flow": 302500000,
          "dividends_paid": -8700000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -169300000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 4200900000,
          "cost_of_revenue": 4205500000,
          "gross_profit": -4600000,
          "ebit": -133500000,
          "ebitda": 492000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -220300000,
          "net_income_to_common": -220300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3336700000,
          "total_current_assets": 8775500000,
          "total_assets": 29901200000,
          "short_term_debt": 525400000,
          "long_term_debt": 2281600000,
          "total_debt": 6508200000,
          "total_liabilities": null,
          "total_equity": 18071300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 427600000,
          "capital_expenditure": -125100000,
          "free_cash_flow": 302500000,
          "dividends_paid": -8700000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -169300000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 4200900000,
          "cost_of_revenue": 4205500000,
          "gross_profit": -4600000,
          "ebit": -133500000,
          "ebitda": 492000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -220300000,
          "net_income_to_common": -220300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3336700000,
          "total_current_assets": 8775500000,
          "total_assets": 29901200000,
          "short_term_debt": 525400000,
          "long_term_debt": 2281600000,
          "total_debt": 6508200000,
          "total_liabilities": null,
          "total_equity": 18071300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 427600000,
          "capital_expenditure": -125100000,
          "free_cash_flow": 302500000,
          "dividends_paid": -8700000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -169300000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 4200900000,
          "cost_of_revenue": 4205500000,
          "gross_profit": -4600000,
          "ebit": -133500000,
          "ebitda": 492000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": -220300000,
          "net_income_to_common": -220300000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3336700000,
          "total_current_assets": 8775500000,
          "total_assets": 29901200000,
          "short_term_debt": 525400000,
          "long_term_debt": 2281600000,
          "total_debt": 6508200000,
          "total_liabilities": null,
          "total_equity": 18071300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 427600000,
          "capital_expenditure": -125100000,
          "free_cash_flow": 302500000,
          "dividends_paid": -8700000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -169300000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 4282700000,
          "cost_of_revenue": 3862200000,
          "gross_profit": 420500000,
          "ebit": 147600000,
          "ebitda": 756300000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 75400000,
          "net_income_to_common": 75400000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3475000000,
          "total_current_assets": 8435000000,
          "total_assets": 28907100000,
          "short_term_debt": 559100000,
          "long_term_debt": 2191100000,
          "total_debt": 6387600000,
          "total_liabilities": null,
          "total_equity": 17930300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 171000000,
          "capital_expenditure": -163800000,
          "free_cash_flow": 7200000,
          "dividends_paid": -1700000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -98200000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 4282700000,
          "cost_of_revenue": 3862200000,
          "gross_profit": 420500000,
          "ebit": 147600000,
          "ebitda": 756300000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 75400000,
          "net_income_to_common": 75400000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3475000000,
          "total_current_assets": 8435000000,
          "total_assets": 28907100000,
          "short_term_debt": 559100000,
          "long_term_debt": 2191100000,
          "total_debt": 6387600000,
          "total_liabilities": null,
          "total_equity": 17930300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 171000000,
          "capital_expenditure": -163800000,
          "free_cash_flow": 7200000,
          "dividends_paid": -1700000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -98200000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "EUR",
        "is_restated": false,
        "income_statement": {
          "revenue": 4282700000,
          "cost_of_revenue": 3862200000,
          "gross_profit": 420500000,
          "ebit": 147600000,
          "ebitda": 756300000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 75400000,
          "net_income_to_common": 75400000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3475000000,
          "total_current_assets": 8435000000,
          "total_assets": 28907100000,
          "short_term_debt": 559100000,
          "long_term_debt": 2191100000,
          "total_debt": 6387600000,
          "total_liabilities": null,
          "total_equity": 17930300000,
          "shares_outstanding": 175760293,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 171000000,
          "capital_expenditure": -163800000,
          "free_cash_flow": 7200000,
          "dividends_paid": -1700000,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": -98200000
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "ebitda_ev",
      "name": "EBITDA/EV Value",
      "slug": "ebitda-ev",
      "group": "value",
      "page_url": "/factors/ebitda-ev/"
    },
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "capital_allocators",
      "name": "Capital Allocators",
      "slug": "capital-allocators",
      "group": "quality",
      "page_url": "/factors/capital-allocators/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Price Strength Relative to Volatility",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "coverage": {
    "factor_history_points": 10,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-08-09",
    "latest_financials_period_end": "2026-03-31"
  },
  "schema": {
    "public_fields_only": true
  }
}