| Market Cap | $9.82B | |
| Enterprise Value | $13.36B | |
| Revenue | $6.55B | −3.4% |
| Gross Profit | $2.11B | −6.1% |
| EBITDA | $121.4M | −89.0% |
| Net Income | -$551.4M | −174.5% |
| Diluted EPS | -$0.78 | −175.0% |
| Free Cash Flow | $438.9M | −28.5% |
| Ratio | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 9y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||
| Gross Margin | 34.70% | 31.03% | 31.80% | 32.54% | 33.88% | 34.65% | 33.93% | 33.60% | 32.65% | 39% | 41% | |
| Operating Margin | −16.87% | 7.05% | 9.14% | 11.05% | 13.16% | 15.04% | 10.00% | 15.99% | −3.76% | 17% | 26% | |
| EBITDA Margin | −8.91% | 13.95% | 15.74% | 17.24% | 18.30% | 20.44% | 15.77% | 21.97% | 2.50% | 17% | 26% | |
| NOPAT Margin | — | — | 8.51% | 11.05% | 10.01% | 12.13% | 7.82% | 13.32% | −2.97% | 7% | 23% | |
| Net Margin | −9.03% | −1.48% | 0.63% | 1.82% | 7.75% | 9.14% | 4.61% | 10.49% | −8.09% | 17% | 25% | |
| FCF Margin | −15.45% | 2.78% | 5.01% | 13.58% | 11.41% | 9.45% | 10.39% | 10.20% | 7.55% | 39% | 52% | |
| FCFF Margin | — | — | — | — | — | 12.31% | 13.58% | 12.89% | — | — | — | |
| FCFE Margin | 462.26% | 0.22% | −26.07% | 6.97% | 42.56% | 1.20% | −1.76% | −9.58% | 2.69% | 61% | 34% | |
| OCF Margin | −13.43% | 3.42% | 5.86% | 14.54% | 12.91% | 11.23% | 12.49% | 12.39% | 9.52% | 39% | 46% | |
| Gross Profitability | — | 18.36% | 19.65% | 21.00% | 18.01% | 19.33% | 18.22% | 18.81% | 18.14% | 19% | 39% | |
| Capex Intensity | 2.02% | 0.64% | 0.85% | 0.96% | 1.50% | 1.78% | 2.10% | 2.19% | 1.97% | 61% | 24% | |
| ▸Returns on Capital · 6 ratios | ||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||||
| ▸Earnings quality · 7 ratios | ||||||||||||
| ▸Liquidity & coverage · 9 ratios | ||||||||||||
| ▸Leverage · 8 ratios | ||||||||||||
| ▸Working capital · 8 ratios | ||||||||||||
| ▸Capital allocation · 2 ratios | ||||||||||||
| ▸Per share · 6 ratios | ||||||||||||
| ▸Other · 1 ratios | ||||||||||||
The five drivers multiply to 11.5% vs reported ROE 12.7%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.25B | $5.86B | $6.04B | $6.39B | $7.39B | $7.51B | $6.97B | $6.78B | $6.55B |
| YoY % | +370.1% | +3.0% | +5.8% | +15.5% | +1.7% | -7.3% | -2.6% | -3.4% | |
| Cost of Revenue | $814.6M | $4.04B | $4.12B | $4.31B | $4.88B | $4.91B | $4.60B | $4.50B | $4.41B |
| YoY % | +396.5% | +1.9% | +4.7% | +13.2% | +0.5% | -6.2% | -2.2% | -2.0% | |
| Gross Profit | $432.8M | $1.82B | $1.92B | $2.08B | $2.50B | $2.60B | $2.36B | $2.28B | $2.14B |
| YoY % | +320.5% | +5.5% | +8.3% | +20.3% | +4.0% | -9.2% | -3.6% | -6.1% | |
| SG&A Expense | $449.7M | $1.41B | $1.37B | $1.37B | $1.53B | $1.47B | $1.51B | $1.64B | $1.60B |
| YoY % | +212.5% | -2.6% | +0.4% | +11.4% | -3.8% | +2.3% | +8.9% | -2.8% | |
| Operating Income | -$210.4M | $413.5M | $551.8M | $706.8M | $972.2M | $1.13B | $696.4M | $1.08B | -$246.2M |
| YoY % | +33.4% | +28.1% | +37.5% | +16.3% | -38.4% | +55.8% | |||
| Interest Expense | — | — | — | — | — | $265.8M | $284.8M | $218.8M | $169.8M |
| YoY % | +7.1% | -23.2% | -22.4% | ||||||
| Other Non-Operating Income | $7.5M | -$3.5M | $2.5M | $9.9M | $10.6M | -$800,000 | $5.8M | -$1.2M | -$20.7M |
| YoY % | +296.0% | +7.1% | |||||||
| Impairment of Real Estate | — | — | — | — | $0 | $0 | $160.8M | $0 | $785.0M |
| YoY % | -100.0% | ||||||||
| Pretax Income | — | — | $40.6M | $62.3M | $753.0M | $851.1M | $410.5M | $853.9M | -$441.3M |
| YoY % | +53.4% | +1108.7% | +13.0% | -51.8% | +108.0% | ||||
| Income Tax | -$314.9M | -$26.9M | $2.8M | -$54.3M | $180.4M | $164.6M | $89.4M | $142.4M | $88.9M |
| YoY % | -8.8% | -45.7% | +59.3% | -37.6% | |||||
| Net Income (incl. NCI) | -$145.3M | -$86.9M | $37.8M | $116.6M | $572.6M | $686.5M | $321.1M | $711.5M | -$530.2M |
| YoY % | +208.5% | +391.1% | +19.9% | -53.2% | +121.6% | ||||
| Minority Interest (P&L) | -$32.6M | $0 | $0 | — | — | — | — | — | — |
| Net Income | -$112.7M | -$86.9M | $37.8M | $116.6M | $572.6M | $686.5M | $321.1M | $711.5M | -$530.2M |
| YoY % | +208.5% | +391.1% | +19.9% | -53.2% | +121.6% | ||||
| Net Income to Common | -$414.9M | -$356.4M | -$335.1M | $52.0M | $508.0M | $662.3M | $321.1M | $711.5M | -$530.2M |
| YoY % | +876.9% | +30.4% | -51.5% | +121.6% | |||||
| EPS (Basic) | — | -$2.69 | -$0.84 | $0.09 | $0.86 | $1.02 | $0.48 | $1.05 | -$0.78 |
| YoY % | +855.6% | +18.6% | -52.9% | +118.8% | |||||
| EPS (Diluted) | — | -$2.69 | -$0.84 | $0.09 | $0.85 | $1.01 | $0.47 | $1.04 | -$0.78 |
| YoY % | +844.4% | +18.8% | -53.5% | +121.3% | |||||
| Weighted Avg Shares (Basic) | — | 132.7M | 401.2M | 576.3M | 590.5M | 650.9M | 675.6M | 679.6M | 680.6M |
| YoY % | +202.3% | +43.6% | +2.5% | +10.2% | +3.8% | +0.6% | +0.1% | ||
| Weighted Avg Shares (Diluted) | — | 132.7M | 401.2M | 583.4M | 599.6M | 679.4M | 678.4M | 681.9M | 680.6M |
| YoY % | +202.3% | +45.4% | +2.8% | +13.3% | -0.1% | +0.5% | -0.2% |
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.
