| Market Cap | $5.38B | |
| Enterprise Value | $5.44B | |
| Revenue | $1.74B | +8.6% |
| Gross Profit | $468.0M | +14.9% |
| EBITDA | $491.3M | +14.3% |
| Net Income | $279.5M | −5.0% |
| Diluted EPS | $1.89 | −1.6% |
| Free Cash Flow | $263.6M | +63.6% |
| Ratio | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 11y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||||
| Gross Margin | 12.39% | 15.54% | 16.73% | 21.02% | 21.67% | 21.71% | 25.05% | 26.96% | 26.58% | 26.79% | 28.33% | 95% | 40% | |
| Operating Margin | 7.85% | 8.80% | 7.06% | −2.34% | 2.97% | −32.13% | −0.43% | 21.74% | 22.83% | 23.87% | 25.33% | 95% | 97% | |
| EBITDA Margin | — | — | — | — | — | — | 8.89% | 26.50% | 27.52% | 28.23% | 29.71% | 90% | 96% | |
| NOPAT Margin | 6.20% | 7.98% | 5.57% | −1.85% | 2.35% | −25.38% | −0.34% | 5.35% | 10.48% | 17.02% | 17.92% | 95% | 97% | |
| Net Margin | −7.37% | 11.26% | 2.74% | 32.33% | 77.43% | −59.84% | 17.71% | 5.60% | 7.25% | 18.92% | 16.55% | 59% | 95% | |
| FCF Margin | — | −1.45% | −2.46% | 13.88% | 15.19% | 18.04% | −19.00% | 10.10% | 13.09% | 10.27% | 15.46% | 85% | 91% | |
| FCFF Margin | — | — | — | — | — | — | — | 10.43% | 13.74% | 11.09% | 15.90% | 88% | 87% | |
| FCFE Margin | — | −23.03% | −6.66% | −19.54% | −99.04% | 0.78% | −101.41% | 15.14% | 7.05% | 6.41% | 15.29% | 95% | 86% | |
| OCF Margin | — | 5.82% | 5.77% | 34.67% | 28.03% | 25.32% | −14.36% | 14.35% | 16.90% | 14.86% | 21.52% | 65% | 93% | |
| Gross Profitability | — | 7.27% | 7.55% | 3.55% | 4.04% | 4.48% | 12.31% | 16.98% | 18.56% | 22.54% | 21.85% | 85% | 28% | |
| Capex Intensity | 8.02% | 7.28% | 8.22% | 20.80% | 12.84% | 7.28% | 4.64% | 4.25% | 3.80% | 4.59% | 6.05% | 41% | 84% | |
| ▸Returns on Capital · 6 ratios | ||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||||||
| ▸Earnings quality · 7 ratios | ||||||||||||||
| ▸Liquidity & coverage · 8 ratios | ||||||||||||||
| ▸Leverage · 9 ratios | ||||||||||||||
| ▸Working capital · 5 ratios | ||||||||||||||
| ▸Capital allocation · 2 ratios | ||||||||||||||
| ▸Per share · 6 ratios | ||||||||||||||
| ▸Other · 1 ratios | ||||||||||||||
The five drivers multiply to 25.7% vs reported ROE 26.2%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.29B | $3.30B | $3.33B | $1.14B | $1.21B | $1.02B | $1.09B | $1.24B | $1.48B | $1.57B | $1.70B |
| YoY % | -23.1% | +0.9% | -65.7% | +5.9% | -15.4% | +6.0% | +14.3% | +19.5% | +5.5% | +8.6% | |
| Cost of Revenue | $3.76B | $2.79B | $2.78B | $904.0M | $949.5M | $802.5M | $814.5M | $907.4M | $1.09B | $1.15B | $1.22B |
| YoY % | -25.8% | -0.5% | -67.4% | +5.0% | -15.5% | +1.5% | +11.4% | +20.1% | +5.2% | +6.4% | |
| SG&A Expense | $194.7M | $222.5M | $315.5M | $267.4M | $226.3M | $199.8M | $204.4M | $64.8M | $52.6M | $45.8M | $51.1M |
| YoY % | +14.3% | +41.8% | -15.2% | -15.3% | -11.7% | +2.3% | -68.3% | -18.7% | -13.0% | +11.6% | |
| Operating Income | $337.0M | $290.7M | $235.2M | -$26.8M | $36.0M | -$329.3M | -$4.6M | $270.0M | $338.8M | $374.0M | $431.1M |
| YoY % | -13.7% | -19.1% | +25.5% | +10.4% | +15.3% | ||||||
| Interest Expense | — | — | — | — | — | — | — | $16.4M | $21.0M | $18.1M | $10.7M |
| YoY % | +27.8% | -13.7% | -41.1% | ||||||||
| Other Non-Operating Income | $195,000 | $457,000 | -$1.9M | $10.6M | $8.9M | -$2.4M | -$1.7M | $770,000 | -$325,000 | $1.2M | $7.9M |
| YoY % | +134.4% | -15.8% | +549.4% | ||||||||
| Equity Method Income | $2.5M | $90,000 | $152,000 | $0 | $219,000 | $172,000 | $0 | $258,000 | $171,000 | $237,000 | $217,000 |
| YoY % | -96.4% | +68.9% | -100.0% | -21.5% | -100.0% | -33.7% | +38.6% | -8.4% | |||
| Impairment of Real Estate | — | — | — | — | — | $790.2M | $73.8M | $144,000 | $3.1M | $0 | $0 |
| YoY % | -90.7% | -99.8% | +2034.0% | -100.0% | |||||||
| Pretax Income | -$200.6M | $367.1M | -$76.8M | -$120.1M | -$119.7M | -$450.8M | -$137.5M | $245.9M | $254.5M | $414.5M | $400.9M |
| YoY % | +3.5% | +62.9% | -3.3% | ||||||||
| Income Tax | $117.7M | $34.4M | -$93.0M | $71.2M | $31.0M | -$130.1M | $145.6M | $185.4M | $137.6M | $119.0M | $117.3M |
| YoY % | -70.7% | -56.4% | +27.4% | -25.8% | -13.5% | -1.4% | |||||
| Income from Continuing Operations | — | $334.1M | $16.3M | -$191.5M | -$150.6M | -$320.6M | -$294.9M | $61.3M | $117.4M | — | — |
| YoY % | -95.1% | +91.4% | |||||||||
| Net Income (incl. NCI) | -$315.8M | $366.2M | $93.8M | $370.9M | $937.7M | -$618.7M | $203.8M | $69.0M | $107.3M | $296.4M | $283.8M |
| YoY % | -74.4% | +295.6% | +152.8% | -66.2% | +55.5% | +176.3% | -4.3% | ||||
| Minority Interest (P&L) | $403,000 | -$5.7M | $2.3M | $863,000 | -$820,000 | -$5.4M | $11.3M | -$595,000 | -$323,000 | -$78,000 | — |
| YoY % | -62.5% | ||||||||||
| Net Income | -$316.2M | $371.8M | $91.5M | $370.1M | $938.5M | -$613.3M | $192.4M | $69.6M | $107.6M | $296.5M | $281.6M |
| YoY % | -75.4% | +304.6% | +153.6% | -63.8% | +54.6% | +175.6% | -5.0% | ||||
| Net Income to Common | -$322.4M | $370.3M | -$207.0M | $381.4M | $938.3M | -$613.2M | — | — | — | — | — |
| YoY % | +146.0% | ||||||||||
| Preferred Dividends | $6.2M | $1.5M | $298.5M | $62.8M | $208,000 | -$149,000 | — | — | — | — | — |
| YoY % | -75.1% | +19320.8% | -79.0% | -99.7% | |||||||
| EPS (Basic) | -$2.44 | $2.78 | -$1.20 | $1.79 | $4.23 | -$2.93 | $1.01 | $0.42 | $0.69 | $1.93 | $1.91 |
| YoY % | +136.3% | -58.4% | +64.3% | +179.7% | -1.0% | ||||||
| EPS (Diluted) | -$2.44 | $2.76 | -$1.20 | $1.73 | $4.23 | -$2.93 | $1.01 | $0.41 | $0.68 | $1.92 | $1.89 |
| YoY % | +144.5% | -59.4% | +65.9% | +182.4% | -1.6% | ||||||
| Weighted Avg Shares (Basic) | — | — | — | — | 221.9M | 209.7M | 189.7M | 167.7M | 157.3M | 153.3M | 147.8M |
| YoY % | -5.5% | -9.5% | -11.6% | -6.2% | -2.5% | -3.6% | |||||
| Weighted Avg Shares (Diluted) | 132.9M | 134.4M | 172.4M | 212.8M | 221.9M | 209.7M | 189.7M | 168.3M | 157.9M | 153.9M | 148.7M |
| YoY % | +1.1% | +28.3% | +23.4% | +4.3% | -5.5% | -9.5% | -11.3% | -6.2% | -2.5% | -3.4% | |
| Dividends Declared per Share | $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.
