| Market Cap | $930.4M | |
| Enterprise Value | $5.57B | |
| Revenue | $5.60B | −6.6% |
| Gross Profit | $1.03B | +2.7% |
| EBITDA | $598.2M | +26.9% |
| Net Income | -$104.1M | −388.8% |
| Diluted EPS | -$2.50 | −563.0% |
| Free Cash Flow | -$1.21B | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 19.85% | 17.23% | 16.91% | 16.81% | 16.67% | 18.34% | 75% | 18% | |
| Operating Margin | 6.34% | 3.61% | 4.77% | 5.95% | −0.50% | 0.77% | 25% | 33% | |
| EBITDA Margin | 12.36% | 8.97% | 7.91% | 9.99% | 7.86% | 10.69% | 75% | 45% | |
| NOPAT Margin | 6.34% | 2.67% | 3.79% | 5.09% | −0.40% | 0.61% | 25% | 29% | |
| Net Margin | 4.22% | 1.80% | 3.21% | 3.60% | 0.60% | −1.86% | 8% | 31% | |
| FCF Margin | — | — | 3.88% | −5.67% | −33.34% | −21.72% | 38% | 13% | |
| FCFF Margin | — | — | 4.67% | −4.39% | — | — | — | — | |
| OCF Margin | −3.47% | −7.74% | 12.27% | 8.99% | −14.77% | −4.52% | 42% | 18% | |
| Gross Profitability | 10.55% | 12.31% | 13.98% | 10.76% | 7.40% | 6.76% | 8% | 11% | |
| Capex Intensity | — | — | 8.40% | 14.66% | 18.57% | 17.20% | 63% | 94% | |
| ▸Returns on Capital · 6 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 7 ratios | |||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||
| ▸Leverage · 9 ratios | |||||||||
| ▸Working capital · 5 ratios | |||||||||
| ▸Capital allocation · 1 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
The five drivers multiply to 12.2% vs reported ROE 12.2%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $3.48B | $5.28B | $7.47B | $7.61B | $5.99B | $5.60B |
| YoY % | +51.8% | +41.5% | +1.9% | -21.3% | -6.6% | |
| Cost of Revenue | $2.79B | $4.37B | $6.21B | $6.33B | $4.99B | $4.57B |
| YoY % | +56.7% | +42.1% | +2.1% | -21.1% | -8.5% | |
| Gross Profit | $689.9M | $909.3M | $1.26B | $1.28B | $999.3M | $1.03B |
| YoY % | +31.8% | +38.9% | +1.3% | -21.9% | +2.7% | |
| R&D Expense | $45.2M | $58.4M | $69.8M | $100.8M | $120.8M | $90.7M |
| YoY % | +29.3% | +19.5% | +44.4% | +19.8% | -24.9% | |
| Selling & Marketing Expense | $224.2M | $398.6M | $558.9M | $369.7M | $487.9M | $382.6M |
| YoY % | +77.8% | +40.2% | -33.9% | +32.0% | -21.6% | |
| SG&A Expense | $225.6M | $308.9M | $342.1M | $440.5M | $515.2M | $581.8M |
| YoY % | +36.9% | +10.7% | +28.7% | +17.0% | +12.9% | |
| Total Operating Expenses | $469.5M | $718.9M | $907.1M | $826.7M | $1.03B | $983.1M |
| YoY % | +53.1% | +26.2% | -8.9% | +24.5% | -4.5% | |
| Operating Income | $220.4M | $190.4M | $356.1M | $453.3M | -$30.1M | $43.2M |
| YoY % | -13.6% | +87.0% | +27.3% | |||
| Interest Expense | — | — | $74.3M | $114.1M | $137.5M | $178.2M |
| YoY % | +53.6% | +20.5% | +29.6% | |||
| Interest & Investment Income | $9.3M | $11.1M | $40.6M | $51.6M | $88.5M | $46.1M |
| YoY % | +18.8% | +267.5% | +27.1% | +71.4% | -47.9% | |
| Other Non-Operating Income | -$85.9M | -$51.9M | $407,000 | -$44.8M | -$52.2M | -$183.9M |
| Equity Method Income | $10.8M | $7.3M | $15.4M | $14.6M | -$12.1M | -$28.9M |
| YoY % | -32.7% | +112.8% | -5.4% | |||
| Impairment of Real Estate | $11.9M | $6.1M | $60.3M | $5.9M | $65.3M | $54.0M |
| YoY % | -48.7% | +891.6% | -90.2% | +999.4% | -17.3% | |
| Pretax Income | $134.5M | $138.5M | $356.5M | $408.5M | -$82.3M | -$140.7M |
| YoY % | +3.0% | +157.4% | +14.6% | |||
| Income Tax | -$2.0M | $35.8M | $73.4M | $59.5M | -$16.6M | $14.1M |
| YoY % | +104.6% | -18.9% | ||||
| Net Income (incl. NCI) | $147.2M | $109.9M | $298.6M | $363.6M | -$77.9M | -$183.8M |
| YoY % | -25.4% | +171.7% | +21.8% | |||
| Minority Interest (P&L) | $543,000 | $14.6M | $58.6M | $89.4M | -$113.9M | -$79.6M |
| YoY % | +2593.9% | +300.5% | +52.7% | |||
| Net Income | — | — | — | $274.2M | $36.1M | -$104.1M |
| YoY % | -86.9% | |||||
| Net Income to Common | $146.7M | $95.2M | $240.0M | $274.2M | $36.1M | — |
| YoY % | -35.1% | +151.9% | +14.3% | -86.9% | ||
| EPS (Basic) | $2.46 | $1.55 | $3.73 | $4.19 | $0.54 | -$2.50 |
| YoY % | -37.0% | +140.6% | +12.3% | -87.1% | ||
| EPS (Diluted) | $2.38 | $1.46 | $3.44 | $3.87 | $0.54 | -$2.50 |
| YoY % | -38.7% | +135.6% | +12.5% | -86.0% | ||
| Weighted Avg Shares (Basic) | 59.6M | 61.6M | 64.3M | 65.4M | 66.6M | 67.4M |
| YoY % | +3.4% | +4.4% | +1.6% | +1.9% | +1.1% | |
| Weighted Avg Shares (Diluted) | 62.3M | 68.9M | 71.2M | 72.2M | 66.9M | 67.4M |
| YoY % | +10.5% | +3.4% | +1.4% | -7.3% | +0.6% |
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.
