| Market Cap | $10.17B | |
| Enterprise Value | $11.56B | |
| Revenue | $3.08B | +14.3% |
| Gross Profit | $1.47B | +16.1% |
| EBITDA | $814.6M | +23.0% |
| Net Income | $385.6M | +139.2% |
| Diluted EPS | $1.66 | +124.3% |
| Free Cash Flow | -$123.6M | −141.4% |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 7y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||
| Gross Margin | — | — | — | — | 46.57% | 46.87% | 47.63% | 83% | 46% | |
| Operating Margin | 8.86% | −37.87% | −37.57% | 6.07% | 10.16% | 13.64% | 16.07% | 93% | 80% | |
| EBITDA Margin | 20.46% | −11.75% | −19.73% | 18.63% | 21.19% | 24.12% | 25.96% | 93% | 75% | |
| NOPAT Margin | 6.63% | −29.92% | −29.68% | 4.79% | 8.15% | 10.21% | 12.17% | 93% | 79% | |
| Net Margin | 1.58% | −37.98% | −43.96% | −0.10% | 3.43% | 5.96% | 12.48% | 93% | 80% | |
| FCF Margin | −13.96% | −38.13% | −26.47% | −21.41% | −10.60% | 1.93% | −0.70% | 79% | 25% | |
| OCF Margin | 18.88% | −10.12% | −1.52% | 11.03% | 20.89% | 21.94% | 29.06% | 93% | 83% | |
| Gross Profitability | — | — | — | — | 14.68% | 17.18% | 17.82% | 83% | 26% | |
| Capex Intensity | 32.84% | 28.01% | 24.95% | 32.44% | 31.49% | 20.01% | 29.76% | 50% | 93% | |
| ▸Returns on Capital · 6 ratios | ||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||
| ▸Earnings quality · 7 ratios | ||||||||||
| ▸Liquidity & coverage · 6 ratios | ||||||||||
| ▸Leverage · 9 ratios | ||||||||||
| ▸Working capital · 8 ratios | ||||||||||
| ▸Capital allocation · 1 ratios | ||||||||||
| ▸Per share · 6 ratios | ||||||||||
| ▸Other · 1 ratios | ||||||||||
The five drivers multiply to 12.6% vs reported ROE 13.0%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|
| Revenue | $1.90B | $948.4M | $1.32B | $1.82B | $2.22B | $2.62B | $3.00B |
| YoY % | -50.1% | +39.0% | +38.3% | +21.6% | +18.2% | +14.3% | |
| Cost of Revenue | — | — | — | — | $1.18B | $1.39B | $1.57B |
| YoY % | +17.6% | +12.7% | |||||
| SG&A Expense | $227.7M | $149.9M | $480.5M | $214.0M | $201.1M | $221.0M | $244.6M |
| YoY % | -34.2% | +220.6% | -55.5% | -6.0% | +9.9% | +10.7% | |
| Total Operating Expenses | $1.73B | $1.31B | $1.81B | $1.71B | $1.99B | $2.26B | $2.51B |
| YoY % | -24.5% | +38.7% | -5.6% | +16.3% | +13.7% | +11.1% | |
| Operating Income | $168.3M | -$359.1M | -$495.2M | $110.6M | $225.2M | $357.5M | $481.3M |
| YoY % | +103.6% | +58.7% | +34.6% | ||||
| Other Non-Operating Income | — | — | — | — | $0 | $0 | $94.2M |
| Equity Method Income | $805,000 | -$187,000 | -$9,000 | $300,000 | $377,000 | -$620,000 | $232,000 |
| YoY % | +25.7% | ||||||
| Impairment of Real Estate | — | $37.8M | $2.1M | $2.1M | $14.5M | $11.0M | $9.4M |
| YoY % | -94.5% | -0.7% | +601.6% | -23.8% | -15.1% | ||
| Pretax Income | $40.1M | -$487.7M | -$719.7M | -$2.6M | $94.8M | $208.8M | $493.5M |
| YoY % | +120.2% | +136.4% | |||||
| Income Tax | $10.1M | -$127.5M | -$140.3M | -$825,000 | $18.7M | $52.5M | $119.8M |
| YoY % | +180.5% | +128.1% | |||||
| Net Income (incl. NCI) | $30.0M | -$360.2M | -$579.4M | — | — | — | — |
| Minority Interest (P&L) | $24,000 | $0 | $0 | — | — | — | — |
| YoY % | -100.0% | ||||||
| Net Income | $30.0M | -$360.2M | -$579.4M | -$1.8M | $76.1M | $156.2M | $373.7M |
| YoY % | +105.4% | +139.2% | |||||
| EPS (Basic) | $0.22 | -$2.48 | -$3.73 | -$0.01 | $0.39 | $0.77 | $1.71 |
| YoY % | +97.4% | +122.1% | |||||
| EPS (Diluted) | $0.22 | -$2.48 | -$3.73 | -$0.01 | $0.37 | $0.74 | $1.66 |
| YoY % | +100.0% | +124.3% | |||||
| Weighted Avg Shares (Basic) | 139.4M | 145.1M | 155.5M | 193.6M | 195.7M | 201.6M | 218.0M |
| YoY % | +4.1% | +7.1% | +24.5% | +1.1% | +3.1% | +8.1% | |
| Weighted Avg Shares (Diluted) | 139.4M | 145.1M | 155.5M | 193.6M | 204.0M | 211.2M | 225.5M |
| YoY % | +4.1% | +7.1% | +24.5% | +5.4% | +3.5% | +6.8% |
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.
