| Market Cap | $7.68B | |
| Enterprise Value | $8.94B | |
| Revenue | $5.33B | −7.1% |
| Gross Profit | $4.35B | +1.6% |
| EBITDA | $1.70B | −24.5% |
| Net Income | -$66.8M | −94.8% |
| Diluted EPS | $0.74 | −95.4% |
| Free Cash Flow | — | — |
| DPS (FY2025) | $5.20 |
| Trailing yield | 3.81% |
| Payout ratio | 714.7% |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $5.20 | −48.8% | reported |
| FY20242024-12-31 | $10.15 | −14.6% | reported |
| FY20232023-12-31 | $11.88 | −56.0% | reported |
| FY20222022-12-31 | $27.03 | — | reported |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | — | — | — | — | — | — | — | 80.46% | 73.10% | 80.01% | 50% | 85% | |
| Operating Margin | — | — | −18.57% | 11.13% | 5.13% | −4.67% | — | 51.23% | 43.43% | 32.67% | 20.95% | 4.05% | 28% | 43% | |
| EBITDA Margin | — | — | 49.03% | 52.16% | 32.53% | 36.10% | — | 61.25% | 53.57% | 48.03% | 42.05% | 34.19% | 17% | 65% | |
| NOPAT Margin | — | — | — | — | — | −3.69% | — | 51.23% | — | — | — | 0.74% | 50% | 27% | |
| Net Margin | — | — | −34.49% | 9.57% | −1.52% | −6.64% | — | 20.23% | 50.90% | 26.27% | 16.16% | 0.91% | 39% | 35% | |
| OCF Margin | — | — | 32.36% | 39.26% | 42.91% | 46.24% | — | 57.86% | 52.76% | 46.70% | 39.94% | 41.84% | 39% | 71% | |
| Gross Profitability | — | — | — | — | — | — | — | — | — | 45.27% | 29.46% | 29.84% | 50% | 85% | |
| ▸Returns on Capital · 4 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 5 ratios | |||||||||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||||
| ▸Capital allocation · 3 ratios | |||||||||||||||
| ▸Per share · 5 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 0.6% vs reported ROE 0.5%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2014↗ | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $704.7M | $1.29B | $2.32B | $1.93B | $1.58B | $3.65B | $3.90B | $5.25B | $4.88B |
| YoY % | +83.6% | +79.5% | -16.8% | -18.2% | +130.8% | +6.9% | +34.8% | -7.1% | |||
| Cost of Revenue | — | — | — | — | — | — | — | — | $761.3M | $1.41B | $975.1M |
| YoY % | +85.5% | -31.0% | |||||||||
| SG&A Expense | $92.3M | $89.5M | $89.3M | $91.8M | $121.3M | $128.6M | $80.7M | $209.3M | $126.3M | $205.6M | $126.3M |
| YoY % | -3.0% | -0.2% | +2.7% | +32.2% | +6.0% | -37.3% | +159.4% | -39.6% | +62.8% | -38.6% | |
| Total Operating Expenses | $931.6M | $903.9M | $834.2M | $1.15B | $2.23B | $2.02B | $993.3M | $2.07B | $2.62B | $4.17B | $4.69B |
| YoY % | -3.0% | -7.7% | +38.0% | +93.8% | -9.6% | -50.7% | +108.2% | +26.7% | +59.0% | +12.5% | |
| Operating Income | $645.7M | -$114.2M | -$130.8M | $144.0M | $119.0M | -$90.2M | $809.4M | $1.58B | $1.27B | $1.10B | $197.4M |
| YoY % | -17.3% | +95.7% | -19.6% | -13.6% | -82.1% | ||||||
| Interest Expense | — | — | — | — | — | — | — | $29.3M | $28.6M | $56.5M | $80.2M |
| YoY % | -2.4% | +97.4% | +41.8% | ||||||||
| Other Non-Operating Income | $195,000 | -$2.9M | $160,000 | -$1.3M | $121,000 | $569,000 | -$1.0M | $2.9M | $10.0M | $5.0M | $15.0M |
| YoY % | +370.2% | +243.5% | -49.3% | +198.0% | |||||||
| Equity Method Income | — | — | — | — | — | — | $0 | $34.4M | $21.3M | $51.3M | -$13.0M |
| YoY % | -37.9% | +140.4% | |||||||||
| Gains on Sale of Real Estate | — | — | — | — | — | — | $222.8M | $523.8M | -$2.8M | $17.1M | $8.7M |
| YoY % | +135.1% | -49.0% | |||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $3,000 | — | — | — | — |
| Pretax Income | — | — | — | — | — | -$350.9M | $188.0M | — | — | — | $243.5M |
| Income Tax | $307.6M | -$16.1M | -$128.5M | -$203.3M | -$5.8M | -$32.7M | -$973,000 | -$46.9M | $315.2M | $263.8M | $199.0M |
| YoY % | -16.3% | -24.6% | |||||||||
| Income from Continuing Operations | — | — | — | — | — | — | $189.0M | $1.43B | $1.02B | $848.6M | $44.5M |
| YoY % | +657.0% | -28.4% | -17.1% | -94.8% | |||||||
| Net Income (incl. NCI) | — | -$40.2M | -$243.0M | $127.4M | -$19.5M | -$90.6M | $355.3M | $1.86B | $1.02B | $848.6M | $44.5M |
| YoY % | +423.1% | -44.9% | -17.1% | -94.8% | |||||||
| Minority Interest (P&L) | — | $0 | $0 | $3.6M | $15.8M | $37.6M | — | — | — | — | — |
| YoY % | +332.8% | +138.0% | |||||||||
| Net Income | $506.9M | -$40.2M | -$243.0M | $123.8M | -$35.3M | -$128.2M | $319.6M | $1.86B | $1.02B | $848.6M | $44.5M |
| YoY % | +480.8% | -44.8% | -17.1% | -94.8% | |||||||
| EPS (Basic) | $5.09 | -$0.31 | -$1.32 | $0.53 | -$0.11 | -$0.41 | $16.15 | $60.86 | $24.59 | $16.32 | $0.74 |
| YoY % | +276.8% | -59.6% | -33.6% | -95.5% | |||||||
| EPS (Diluted) | $5.05 | -$0.31 | -$1.32 | $0.52 | -$0.11 | -$0.41 | $15.48 | $57.55 | $23.51 | $16.02 | $0.74 |
| YoY % | +271.8% | -59.1% | -31.9% | -95.4% | |||||||
| Weighted Avg Shares (Basic) | 99.7M | 130.2M | 183.6M | 235.0M | 307.5M | 315.0M | 19.8M | 30.5M | 41.5M | 51.8M | 57.8M |
| YoY % | +30.6% | +41.0% | +28.0% | +30.9% | +2.4% | -93.7% | +54.1% | +36.0% | +24.8% | +11.6% | |
| Weighted Avg Shares (Diluted) | 100.4M | 130.2M | 183.6M | 237.9M | 307.5M | 315.0M | 20.6M | 32.3M | 43.4M | 52.7M | 57.9M |
| YoY % | +29.7% | +41.0% | +29.6% | +29.3% | +2.4% | -93.4% | +56.2% | +34.6% | +21.5% | +9.7% | |
| Dividends Declared per Share | — | — | — | — | — | — | — | $27 | $12 | $10 | $5 |
| YoY % | -56.0% | -14.6% | -48.8% |
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.
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-20 | $1.30 | — | quarterly | licensed |
| 2026-03-12 | $1.30 | 2026-03-27 | quarterly | licensed |
| 2025-11-19 | $1.30 | — | quarterly | licensed |
| 2025-08-21 | $1.30 | — | quarterly | licensed |
| 2025-05-21 | $1.30 | 2025-06-09 | quarterly | licensed |
| 2025-03-11 | $1.30 | — | quarterly | licensed |
| 2024-11-27 | $1.44 | — | quarterly | licensed |
| 2024-08-21 | $2.52 | — | quarterly | licensed |
