| Market Cap | $16.22B | |
| Enterprise Value | $17.85B | |
| Revenue | $27.62B | −6.0% |
| Gross Profit | $2.02B | — |
| EBITDA | $2.61B | +68.0% |
| Net Income | $1.23B | +227.1% |
| Diluted EPS | $3.08 | +238.5% |
| Free Cash Flow | $1.40B | +35.3% |
| DPS (FY2025) | $2.00 |
| Trailing yield | 2.22% |
| Payout ratio | 64.9% |
| Growth streak | 0 yrs |
| 5y DPS growth | 7.4% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $2.00 | +0.0% | reported |
| FY20242024-12-31 | $2.00 | +11.1% | reported |
| FY20232023-12-31 | $1.80 | +50.0% | reported |
| FY20222022-12-31 | $1.20 | +242.9% | reported |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 18.11% | 15.35% | 19.70% | 19.33% | — | — | — | — | |
| Operating Margin | −6.56% | 4.07% | 10.61% | 6.89% | 0.91% | 3.45% | 42% | 39% | |
| EBITDA Margin | −1.90% | 6.81% | 12.33% | 9.30% | 3.82% | 6.83% | 58% | 17% | |
| NOPAT Margin | −5.18% | 3.43% | 8.20% | 5.48% | 0.77% | 2.76% | 42% | 36% | |
| Net Margin | −5.38% | 3.04% | 7.65% | 4.97% | 0.62% | 2.15% | 42% | 41% | |
| FCF Margin | 1.67% | −1.73% | 8.51% | 5.98% | 2.24% | 3.22% | 58% | 43% | |
| FCFF Margin | — | — | 8.87% | 6.46% | 2.73% | 3.87% | 38% | 26% | |
| FCFE Margin | 1.67% | −1.73% | 8.41% | 5.02% | — | — | — | — | |
| OCF Margin | 4.09% | 2.21% | 9.89% | 7.19% | 3.88% | 4.89% | 58% | 15% | |
| Gross Profitability | — | 21.85% | 41.52% | 34.88% | — | — | — | — | |
| Capex Intensity | 2.42% | 3.94% | 1.37% | 1.20% | 1.64% | 1.67% | 58% | 12% | |
| ▸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 · 5 ratios | |||||||||
| ▸Per share · 3 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
The five drivers multiply to 6.3% vs reported ROE 6.3%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $11.18B | $18.39B | $38.20B | $31.96B | $28.58B | $26.87B |
| YoY % | +64.4% | +107.8% | -16.3% | -10.6% | -6.0% | |
| Cost of Revenue | $9.16B | $15.57B | $30.68B | $25.78B | — | — |
| YoY % | +70.0% | +97.1% | -16.0% | |||
| SG&A Expense | $313.6M | $362.0M | $427.0M | $497.0M | $447.0M | $456.0M |
| YoY % | +15.4% | +18.0% | +16.4% | -10.1% | +2.0% | |
| Total Operating Expenses | $1.30B | $1.52B | $2.33B | $2.44B | — | — |
| YoY % | +16.7% | +53.9% | +4.4% | |||
| Operating Income | -$733.7M | $749.2M | $4.05B | $2.20B | $261.0M | $927.0M |
| YoY % | +441.1% | -45.7% | -88.2% | +255.2% | ||
| Interest Expense | — | — | $176.0M | $191.0M | $165.0M | $217.0M |
| YoY % | +8.5% | -13.6% | +31.5% | |||
| Interest & Investment Income | $7.6M | $4.0M | $30.0M | $94.0M | $75.0M | $42.0M |
| YoY % | -47.3% | +646.5% | +213.3% | -20.2% | -44.0% | |
| Other Non-Operating Income | — | — | $28.0M | $30.0M | $15.0M | -$53.0M |
| YoY % | +7.1% | -50.0% | ||||
| Equity Method Income | $6.6M | $12.4M | $0 | $17.0M | $32.0M | $33.0M |
| YoY % | +87.0% | -100.0% | +88.2% | +3.1% | ||
| Impairment of Real Estate | — | $0 | $0 | $0 | $17.0M | $3.0M |
| YoY % | -82.4% | |||||
| Pretax Income | -$747.0M | $787.2M | $3.94B | $2.15B | $218.0M | $732.0M |
| YoY % | +400.0% | -45.3% | -89.9% | +235.8% | ||
| Income Tax | -$232.1M | $123.9M | $895.0M | $442.0M | $34.0M | $146.0M |
| YoY % | +622.4% | -50.6% | -92.3% | +329.4% | ||
| Net Income (incl. NCI) | -$514.9M | $663.3M | $3.04B | $1.71B | $184.0M | $586.0M |
| YoY % | +358.5% | -43.7% | -89.2% | +218.5% | ||
| Minority Interest (P&L) | $86.5M | $104.9M | $118.0M | $121.0M | $7.0M | $7.0M |
| YoY % | +21.2% | +12.5% | +2.5% | -94.2% | 0.0% | |
| Net Income | -$601.4M | $558.3M | $2.92B | $1.59B | $177.0M | $579.0M |
| YoY % | +423.5% | -45.6% | -88.9% | +227.1% | ||
| Net Income to Common | -$603.3M | $550.9M | $2.89B | $1.58B | $175.0M | $574.0M |
| YoY % | +425.2% | -45.5% | -88.9% | +228.0% | ||
| EPS (Basic) | -$3.72 | $3.39 | $14.28 | $8.29 | $0.91 | $3.08 |
| YoY % | +321.2% | -41.9% | -89.0% | +238.5% | ||
| EPS (Diluted) | -$3.72 | $3.39 | $14.28 | $8.29 | $0.91 | $3.08 |
| YoY % | +321.2% | -41.9% | -89.0% | +238.5% | ||
| Weighted Avg Shares (Basic) | 162.0M | 162.6M | 202.6M | 190.0M | 192.1M | 186.5M |
| YoY % | +0.4% | +24.6% | -6.2% | +1.1% | -2.9% | |
| Weighted Avg Shares (Diluted) | 162.0M | 162.6M | 202.6M | 190.0M | 192.1M | 186.5M |
| YoY % | +0.4% | +24.6% | -6.2% | +1.1% | -2.9% | |
| Dividends Declared per Share | $1 | $0 | $1 | $2 | $2 | $2 |
| YoY % | -75.0% | +242.9% | +50.0% | +11.1% | 0.0% |
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.
| FY20212021-12-31 | $0.35 | −75.0% | reported |
| FY20202020-12-31 | $1.40 | — | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-11 | $0.5000 | — | quarterly | licensed |
| 2026-03-02 | $0.5000 | — | quarterly | licensed |
| 2025-11-19 | $0.5000 | — | quarterly | licensed |
| 2025-08-21 | $0.5000 | — | quarterly | licensed |
| 2025-05-15 | $0.4933 | 2025-06-03 | quarterly | licensed |
| 2025-03-06 | $0.5000 | — | quarterly | licensed |
| 2024-11-21 | $0.4940 | — | quarterly | licensed |
| 2024-08-21 | $0.5000 | — | quarterly | licensed |
