| Market Cap | $1.82B | |
| Enterprise Value | $2.05B | |
| Revenue | $3.47B | −21.8% |
| Gross Profit | $2.16B | −23.5% |
| EBITDA | $144.0M | — |
| Net Income | $137.0M | — |
| Diluted EPS | $1.14 | — |
| Free Cash Flow | $14.0M | −90.8% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend · 13y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||||||
| Gross Margin | — | — | — | 59.21% | 60.58% | 60.71% | 58.93% | 63.97% | 66.22% | 66.28% | — | — | — | — | — | |
| Operating Margin | 30.45% | 28.75% | 24.94% | 15.35% | 15.87% | 14.03% | −3.46% | 0.47% | 15.97% | 12.08% | −4.66% | −16.93% | 0.66% | 35% | 31% | |
| EBITDA Margin | 32.86% | 31.92% | 28.83% | 20.25% | 20.28% | 18.33% | 1.03% | 5.69% | 19.38% | 15.27% | −1.03% | −12.58% | 4.15% | 27% | 34% | |
| NOPAT Margin | — | — | — | — | — | — | −2.73% | 0.00% | 14.37% | 11.54% | −3.68% | −13.37% | 0.49% | 64% | 30% | |
| Net Margin | 19.98% | 20.15% | 17.81% | 12.31% | 12.55% | 10.37% | −4.02% | −1.53% | 14.54% | 10.96% | −4.43% | −26.61% | 3.94% | 35% | 61% | |
| FCF Margin | 13.50% | — | — | 19.36% | 19.96% | 9.79% | 11.46% | 12.64% | 10.13% | 9.70% | 2.32% | 3.44% | 0.40% | 5% | 26% | |
| FCFE Margin | — | — | — | 22.63% | 35.56% | 41.18% | 4.36% | −8.74% | 6.83% | 20.15% | 0.35% | −1.46% | −34.69% | 5% | 4% | |
| OCF Margin | 19.08% | — | — | 23.03% | 22.51% | 13.25% | 15.47% | 15.37% | 12.45% | 13.72% | 5.98% | 6.33% | 2.22% | 5% | 26% | |
| Gross Profitability | 90.94% | 98.63% | 108.98% | 110.43% | 70.44% | 47.82% | 41.17% | 34.71% | 50.05% | 51.05% | 49.92% | 54.21% | 66.88% | 58% | 84% | |
| Capex Intensity | 5.58% | 8.15% | 7.84% | 3.67% | 2.54% | 3.46% | 4.02% | 2.73% | 2.32% | 4.02% | 3.66% | 2.88% | 1.81% | 4% | 40% | |
| ▸Returns on Capital · 6 ratios | ||||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||||||||
| ▸Earnings quality · 7 ratios | ||||||||||||||||
| ▸Liquidity & coverage · 9 ratios | ||||||||||||||||
| ▸Leverage · 9 ratios | ||||||||||||||||
| ▸Working capital · 8 ratios | ||||||||||||||||
| ▸Capital allocation · 2 ratios | ||||||||||||||||
| ▸Per share · 6 ratios | ||||||||||||||||
| ▸Other · 1 ratios | ||||||||||||||||
The five drivers multiply to 131.1% vs reported ROE 61.2%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2014↗ | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ | 2026↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.31B | $4.37B | $4.71B | $4.49B | $4.72B | $5.24B | $5.55B | $4.06B | $5.65B | $5.62B | $5.17B | $4.44B | $3.47B |
| YoY % | +32.0% | +7.8% | -4.6% | +5.0% | +11.0% | +6.0% | -26.9% | +39.3% | -0.6% | -8.0% | -14.1% | -21.8% | |
| Cost of Revenue | — | — | — | $1.83B | $1.86B | $2.06B | $2.28B | $1.46B | $1.91B | $1.90B | — | — | — |
| YoY % | +1.5% | +10.6% | +10.8% | -35.8% | +30.6% | -0.8% | |||||||
| Gross Profit | $2.02B | $2.65B | $2.80B | $2.66B | $2.86B | $3.18B | $3.27B | $2.60B | $3.74B | $3.72B | $3.34B | $2.83B | $2.16B |
| YoY % | +31.3% | +5.6% | -4.9% | +7.4% | +11.2% | +2.9% | -20.6% | +44.2% | -0.5% | -10.3% | -15.4% | -23.5% | |
| SG&A Expense | $926.9M | $1.25B | $1.43B | $1.54B | $1.77B | $2.08B | $2.46B | $2.02B | $2.53B | $2.71B | $2.78B | $2.58B | $1.96B |
| YoY % | +35.0% | +14.1% | +7.9% | +14.7% | +17.4% | +18.7% | -18.1% | +25.5% | +6.9% | +2.8% | -7.3% | -23.9% | |
| Total Operating Expenses | $1.01B | $1.39B | $1.62B | $1.97B | $2.11B | $2.44B | $3.46B | $2.58B | $2.84B | $3.04B | $3.58B | $3.58B | $2.14B |
| YoY % | +38.0% | +16.6% | +21.5% | +7.1% | +15.9% | +41.6% | -25.6% | +10.2% | +7.2% | +17.6% | -0.1% | -40.2% | |
| Operating Income | $1.01B | $1.26B | $1.18B | $690.0M | $749.0M | $735.0M | -$192.0M | $19.0M | $903.0M | $679.0M | -$241.0M | -$752.0M | $23.0M |
| YoY % | +24.7% | -6.5% | -41.3% | +8.6% | -1.9% | +4652.6% | -24.8% | ||||||
| Interest Expense | $393,000 | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Operating Income | $0 | $1.6M | $3.7M | $6.0M | $2.0M | $4.0M | $6.0M | $7.0M | $2.0M | $3.0M | $1.0M | -$8.0M | $5.0M |
| YoY % | +131.3% | +62.2% | -66.7% | +100.0% | +50.0% | +16.7% | -71.4% | +50.0% | -66.7% | ||||
| Equity Method Income | $400,000 | $100,000 | -$1.0M | $0 | — | — | — | — | — | — | — | — | — |
| YoY % | -75.0% | ||||||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $357.0M | $158.0M | $83.0M | $36.0M | $575.0M | $797.0M | $40.0M |
| YoY % | -55.7% | -47.5% | -56.6% | +1497.2% | +38.6% | -95.0% | |||||||
| Pretax Income | — | — | — | — | — | — | -$215.0M | $3.0M | $915.0M | $648.0M | -$283.0M | -$727.0M | $107.0M |
| YoY % | +30400.0% | -29.2% | |||||||||||
| Income Tax | $346.2M | $374.8M | $334.6M | $137.0M | $150.0M | $79.0M | $10.0M | $66.0M | $92.0M | $29.0M | -$54.0M | $452.0M | $27.0M |
| YoY % | +8.3% | -10.7% | -59.1% | +9.5% | -47.3% | -87.3% | +560.0% | +39.4% | -68.5% | -94.0% | |||
| Income from Continuing Operations | — | — | — | — | — | — | — | — | — | — | $13.0M | -$529.0M | $79.0M |
| Income from Discontinued Operations | — | — | — | — | — | — | — | — | — | — | -$242.0M | -$653.0M | $58.0M |
| Net Income (incl. NCI) | $661.5M | $881.0M | $837.7M | $552.0M | $592.0M | $542.0M | -$225.0M | -$63.0M | $823.0M | $619.0M | -$229.0M | -$1.18B | $138.0M |
| YoY % | +33.2% | -4.9% | -34.1% | +7.2% | -8.4% | -24.8% | |||||||
| Minority Interest (P&L) | $0 | $0 | -$1.4M | -$1.0M | $0 | -$1.0M | -$2.0M | -$1.0M | $1.0M | $3.0M | $0 | $3.0M | $1.0M |
| YoY % | +200.0% | -100.0% | -66.7% | ||||||||||
| Net Income | $661.5M | $881.0M | $839.1M | $553.0M | $592.0M | $543.0M | -$223.0M | -$62.0M | $822.0M | $616.0M | -$229.0M | -$1.18B | $137.0M |
| YoY % | +33.2% | -4.8% | -34.1% | +7.1% | -8.3% | -25.1% | |||||||
| Net Income to Common | $661.5M | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS (Basic) | $3.27 | $4.35 | $4.50 | $3.33 | $3.89 | $3.62 | -$1.48 | -$0.41 | $5.49 | $4.65 | -$1.96 | -$10.00 | $1.14 |
| YoY % | +33.0% | +3.4% | -26.0% | +16.8% | -6.9% | -15.3% | |||||||
| EPS (Diluted) | $3.22 | $4.28 | $4.44 | $3.29 | $3.82 | $3.58 | -$1.48 | -$0.41 | $5.39 | $4.60 | -$1.96 | -$10.00 | $1.14 |
| YoY % | +32.9% | +3.7% | -25.9% | +16.1% | -6.3% | -14.7% | |||||||
| Weighted Avg Shares (Basic) | 202.6M | 202.7M | 186.3M | 166.0M | 152.3M | 149.8M | 150.7M | 150.5M | 149.7M | 132.5M | 117.0M | 118.3M | 119.3M |
| YoY % | +0.0% | -8.1% | -10.9% | -8.3% | -1.7% | +0.6% | -0.2% | -0.5% | -11.5% | -11.7% | +1.1% | +0.9% | |
| Weighted Avg Shares (Diluted) | 205.6M | 205.9M | 189.1M | 168.1M | 155.1M | 151.6M | 150.7M | 150.5M | 152.5M | 134.0M | 117.0M | 118.3M | 119.8M |
| YoY % | +0.1% | -8.2% | -11.1% | -7.7% | -2.2% | -0.6% | -0.2% | +1.4% | -12.1% | -12.7% | +1.1% | +1.3% |
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.
