| Market Cap | $6.06B | |
| Enterprise Value | $17.00B | |
| Revenue | $11.56B | +2.1% |
| Gross Profit | — | — |
| EBITDA | $3.28B | −9.7% |
| Net Income | -$485.0M | — |
| Diluted EPS | -$2.42 | — |
| Free Cash Flow | $538.0M | — |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | 4.82% | 10.07% | 9.93% | 6.43% | 15.08% | 16.22% | −10.56% | 15.26% | 16.07% | 21.44% | 20.49% | 16.18% | 71% | 62% | |
| EBITDA Margin | 12.69% | 17.98% | 17.04% | 13.62% | 22.71% | 25.00% | 5.51% | 27.02% | 27.21% | 32.38% | 32.26% | 28.51% | 79% | 72% | |
| NOPAT Margin | 3.81% | 10.07% | 6.48% | 5.08% | 10.61% | 10.51% | −8.34% | 12.05% | 12.70% | 16.94% | 16.19% | 12.78% | 79% | 60% | |
| Net Margin | −3.96% | 15.86% | 2.75% | 4.98% | 4.62% | 3.20% | −48.43% | −10.65% | −8.31% | 6.82% | −2.47% | −4.37% | 29% | 23% | |
| FCF Margin | — | — | 5.85% | 3.17% | 8.57% | 5.60% | — | — | — | 4.73% | −1.97% | 4.33% | 36% | 29% | |
| FCFF Margin | — | — | 9.56% | — | 14.46% | 12.93% | — | — | — | — | — | — | — | — | |
| FCFE Margin | — | — | 5.37% | 99.07% | 49.72% | — | — | — | — | — | — | — | — | — | |
| OCF Margin | — | — | 10.68% | 8.81% | 15.72% | 12.36% | — | — | — | 15.69% | 9.56% | 11.34% | 50% | 30% | |
| Capex Intensity | 2.90% | 5.11% | 4.84% | 5.64% | 7.15% | 6.76% | 4.52% | 5.43% | 8.80% | 10.96% | 11.53% | 7.01% | 63% | 83% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 3 ratios | |||||||||||||||
| ▸Capital allocation · 2 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 7.1% vs reported ROE 7.5%. 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↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $364.1M | $719.8M | $892.9M | $1.47B | $2.06B | $2.53B | $3.63B | $9.57B | $10.82B | $11.53B | $11.24B | $11.49B |
| YoY % | +97.7% | +24.1% | +65.0% | +39.5% | +23.0% | +43.5% | +163.8% | +13.1% | +6.5% | -2.5% | +2.1% | |
| SG&A Expense | $58.7M | $96.9M | $130.7M | $241.0M | $381.0M | $503.0M | $902.0M | $1.78B | $2.07B | $2.01B | $1.92B | $1.93B |
| YoY % | +64.9% | +34.9% | +84.4% | +58.1% | +32.0% | +79.3% | +97.6% | +16.0% | -2.7% | -4.6% | +0.3% | |
| Total Operating Expenses | $32.1M | $40.2M | $801.7M | $1.31B | $1.75B | $2.12B | $4.01B | $8.11B | $9.08B | $9.06B | $8.94B | $9.63B |
| YoY % | +25.3% | +1895.0% | +63.7% | +33.0% | +21.3% | +89.4% | +102.2% | +12.0% | -0.3% | -1.3% | +7.7% | |
| Operating Income | $17.6M | $72.5M | $88.7M | $94.8M | $310.0M | $410.0M | -$383.0M | $1.46B | $1.74B | $2.47B | $2.30B | $1.86B |
| YoY % | +313.1% | +22.3% | +6.9% | +227.0% | +32.3% | +19.1% | +42.2% | -6.8% | -19.4% | |||
| Interest Expense | $30.7M | $61.6M | $50.9M | $99.8M | $172.0M | $286.0M | $1.21B | $2.32B | $2.30B | $2.39B | $2.44B | $2.33B |
| YoY % | +100.3% | -17.3% | +95.9% | +72.4% | +66.3% | +324.1% | +91.3% | -0.7% | +4.0% | +1.8% | -4.5% | |
| Interest & Investment Income | $18,000 | — | — | — | — | — | $10.0M | $16.0M | $12.0M | $12.0M | $11.0M | $20.0M |
| YoY % | +60.0% | -25.0% | 0.0% | -8.3% | +81.8% | |||||||
| Other Non-Operating Income | -$30.1M | -$27.9M | -$51.1M | -$138.2M | -$3.0M | $9.0M | $176.0M | -$198.0M | $46.0M | $10.0M | $27.0M | $2.0M |
| YoY % | +1855.6% | -78.3% | +170.0% | -92.6% | ||||||||
| Equity Method Income | $2.7M | $3.5M | — | -$367,000 | -$213,000 | -$2.4M | — | — | — | — | — | — |
| YoY % | +27.9% | |||||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $215.0M | $102.0M | $108.0M | $95.0M | $302.0M | $182.0M |
| YoY % | -52.6% | +5.9% | -12.0% | +217.9% | -39.7% | |||||||
| Pretax Income | -$12.6M | $44.6M | $37.6M | -$43.4M | $135.0M | $125.0M | -$1.61B | -$1.27B | -$565.0M | -$60.0M | -$124.0M | -$448.0M |
| YoY % | -15.6% | -7.4% | ||||||||||
| Income Tax | $1.8M | -$69.6M | $13.1M | -$116.8M | $40.0M | $44.0M | $132.0M | -$283.0M | -$41.0M | -$888.0M | $87.0M | -$11.0M |
| YoY % | +10.0% | +200.0% | ||||||||||
| Income from Continuing Operations | — | $114.2M | — | — | — | $81.0M | -$1.74B | -$989.0M | -$513.0M | $786.0M | -$278.0M | — |
| Net Income (incl. NCI) | -$14.3M | $114.2M | $24.5M | $73.4M | $95.0M | $81.0M | -$1.76B | -$1.02B | -$910.0M | $828.0M | -$211.0M | -$437.0M |
| YoY % | -78.5% | +199.2% | +29.5% | -14.7% | ||||||||
| Minority Interest (P&L) | $103,000 | — | — | — | $0 | $0 | -$1.0M | $3.0M | -$11.0M | $42.0M | $67.0M | $65.0M |
| YoY % | +59.5% | -3.0% | ||||||||||
| Net Income | -$14.4M | $114.2M | $24.5M | $73.4M | $95.0M | $81.0M | -$1.76B | -$1.02B | -$899.0M | $786.0M | -$278.0M | -$502.0M |
| YoY % | -78.5% | +199.2% | +29.5% | -14.7% | ||||||||
| EPS (Basic) | -$0.48 | $2.45 | $0.52 | $1.09 | $1.23 | $1.04 | -$13.50 | -$4.83 | -$4.19 | $3.65 | -$1.29 | -$2.42 |
| YoY % | -78.8% | +109.6% | +12.8% | -15.4% | ||||||||
| EPS (Diluted) | -$0.48 | $2.43 | $0.51 | $1.08 | $1.22 | $1.03 | -$13.50 | -$4.83 | -$4.19 | $3.64 | -$1.29 | -$2.42 |
| YoY % | -79.0% | +111.8% | +13.0% | -15.6% | ||||||||
| Weighted Avg Shares (Basic) | 29.9M | 46.6M | 47.0M | 67.1M | 77.0M | 78.0M | 130.0M | 211.0M | 214.0M | 215.0M | 215.0M | 208.0M |
| YoY % | +55.7% | +1.0% | +42.7% | +14.7% | +1.3% | +66.7% | +62.3% | +1.4% | +0.5% | 0.0% | -3.3% | |
| Weighted Avg Shares (Diluted) | 29.9M | 47.0M | 47.7M | 68.1M | 78.0M | 79.0M | 130.0M | 211.0M | 214.0M | 216.0M | 215.0M | 208.0M |
| YoY % | +57.2% | +1.5% | +42.8% | +14.5% | +1.3% | +64.6% | +62.3% | +1.4% | +0.9% | -0.5% | -3.3% |
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.
