| Market Cap | $3.56B | |
| Enterprise Value | $10.06B | |
| Revenue | $2.43B | +4.9% |
| Gross Profit | — | — |
| EBITDA | $905.0M | +7.5% |
| Net Income | $180.8M | — |
| Diluted EPS | $0.22 | — |
| Free Cash Flow | -$178.3M | — |
| DPS (FY2025) | $0.26 |
| Trailing yield | 4.36% |
| Payout ratio | 111.3% |
| Growth streak | 0 yrs |
| 5y DPS growth | −15.6% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $0.26 | −25.1% | reported |
| FY20242024-12-31 | $0.35 | −20.0% | reported |
| FY20232023-12-31 | $0.43 | −39.1% | reported |
| FY20222022-12-31 | $0.71 | +6.9% | reported |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 68.97% | — | — | — | — | — | — | — | — |
| Operating Margin | 22.90% | 18.17% | 14.54% | 19.44% | 19.23% | 20.74% | 75% | 46% | |
| EBITDA Margin | 41.63% | 35.88% | 31.01% | 34.17% | 36.29% | 37.19% | 75% | 51% | |
| NOPAT Margin | 21.03% | 18.17% | 11.49% | 15.36% | 0.00% | 14.35% | 42% | 37% | |
| Net Margin | 46.66% | 11.65% | −7.67% | 1.19% | −59.52% | 7.43% | 58% | 29% | |
| FCF Margin | −16.75% | −52.22% | −17.00% | −16.56% | −16.84% | −7.33% | 92% | 41% | |
| FCFF Margin | −6.78% | −43.01% | — | — | −16.84% | 0.71% | 88% | 40% | |
| FCFE Margin | 1.81% | −54.91% | 29.89% | 14.06% | −73.29% | −13.88% | 42% | 20% | |
| OCF Margin | 30.13% | 6.92% | 22.39% | 26.13% | 20.77% | 24.39% | 58% | 40% | |
| Gross Profitability | 8.75% | — | — | — | — | — | — | — | — |
| Capex Intensity | 46.87% | 59.15% | 39.39% | 42.69% | 37.61% | 31.72% | 8% | 54% | |
| ▸Returns on Capital · 6 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 7 ratios | |||||||||
| ▸Liquidity & coverage · 7 ratios | |||||||||
| ▸Leverage · 9 ratios | |||||||||
| ▸Working capital · 1 ratios | |||||||||
| ▸Capital allocation · 3 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
The five drivers multiply to 3.5% vs reported ROE 3.9%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $1.68B | $2.27B | $2.77B | $2.40B | $2.32B | $2.43B |
| YoY % | +35.6% | +21.6% | -13.1% | -3.5% | +4.9% | |
| Cost of Revenue | $520.5M | — | — | — | — | — |
| SG&A Expense | $63.1M | $66.7M | $80.2M | $90.4M | — | — |
| YoY % | +5.7% | +20.2% | +12.6% | |||
| Total Operating Expenses | $1.29B | $1.89B | $2.43B | $1.94B | $1.87B | $1.93B |
| YoY % | +46.2% | +28.4% | -20.2% | -3.3% | +3.0% | |
| Operating Income | $384.0M | $413.1M | $402.0M | $467.3M | $446.1M | $504.7M |
| YoY % | +7.6% | -2.7% | +16.2% | -4.5% | +13.1% | |
| Interest Expense | $181.9M | $209.6M | $278.6M | $308.4M | $363.6M | $282.5M |
| YoY % | +15.2% | +32.9% | +10.7% | +17.9% | -22.3% | |
| Other Non-Operating Income | — | — | — | — | -$27.0M | -$52.6M |
| Equity Method Income | $209,000 | -$26.3M | -$21.4M | -$1.9M | $4.3M | $5.0M |
| YoY % | +16.3% | |||||
| Gains on Sale of Real Estate | -$22.8M | -$8.4M | -$3.9M | -$13.8M | — | — |
| Impairment of Real Estate | — | $0 | $235.5M | $23.5M | $0 | — |
| YoY % | -90.0% | -100.0% | ||||
| Pretax Income | $792.4M | $142.2M | -$369.7M | -$62.1M | $177.2M | $211.0M |
| YoY % | -82.1% | +19.1% | ||||
| Income Tax | $64.6M | -$43.4M | -$61.5M | -$37.1M | $186.8M | $65.0M |
| YoY % | -65.2% | |||||
| Income from Continuing Operations | — | — | — | -$25.1M | -$9.6M | $146.0M |
| Income from Discontinued Operations | — | — | — | -$8.2M | -$1.51B | -$37.7M |
| Net Income (incl. NCI) | $727.8M | $185.7M | -$308.2M | -$33.3M | -$1.52B | $108.3M |
| YoY % | -74.5% | |||||
| Minority Interest (P&L) | -$67.3M | -$89.6M | -$111.3M | -$36.5M | -$74.9M | — |
| Net Income | $782.5M | $264.9M | -$212.0M | $28.7M | -$1.38B | $180.8M |
| YoY % | -66.2% | |||||
| Net Income to Common | — | $255.9M | -$220.7M | $20.3M | -$1.39B | $170.3M |
| EPS (Basic) | $1.38 | $0.41 | -$0.33 | $0.03 | -$1.90 | $0.22 |
| YoY % | -70.3% | |||||
| EPS (Diluted) | $1.37 | $0.41 | -$0.33 | $0.03 | -$1.90 | $0.22 |
| YoY % | -70.1% | |||||
| Weighted Avg Shares (Basic) | 559.6M | 622.3M | 677.9M | 688.7M | 731.7M | 768.1M |
| YoY % | +11.2% | +8.9% | +1.6% | +6.2% | +5.0% | |
| Weighted Avg Shares (Diluted) | 564.4M | 628.9M | 677.9M | 690.8M | 734.0M | 772.4M |
| YoY % | +11.4% | +7.8% | +1.9% | +6.3% | +5.2% | |
| Dividends Declared per Share | $1 | $1 | $1 | $0 | $0 | $0 |
| YoY % | +10.0% | +6.9% | -39.1% | -20.0% | -25.1% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
| FY20212021-12-31 | $0.67 | +10.0% | reported |
| FY20202020-12-31 | $0.61 | — | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-30 | $0.0650 | — | quarterly | licensed |
| 2026-03-31 | $0.0650 | — | quarterly | licensed |
| 2025-12-31 | $0.0700 | 2026-01-15 | quarterly | licensed |
| 2025-09-30 | $0.0650 | 2025-10-15 | quarterly | licensed |
| 2025-09-29 | $0.0650 | 2025-10-15 | quarterly | licensed |
| 2025-06-30 | $0.0650 | 2025-07-15 | quarterly | licensed |
| 2025-03-31 | $0.0650 | — | quarterly | licensed |
| 2024-12-31 | $0.0650 | — | quarterly | licensed |
