| Market Cap | $10.99B | |
| Enterprise Value | $11.34B | |
| Revenue | $3.18B | +23.1% |
| Gross Profit | $731.1M | +13.6% |
| EBITDA | $422.1M | +16.9% |
| Net Income | $121.5M | −34.0% |
| Diluted EPS | $2.26 | −33.9% |
| Free Cash Flow | $105.4M | −18.5% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend · 13y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||||||
| Gross Margin | 16.12% | 16.47% | 17.27% | 16.93% | 16.95% | 16.52% | 15.57% | 16.22% | 15.09% | 16.95% | 21.83% | 24.92% | 22.98% | 88% | 30% | |
| Operating Margin | 2.52% | 3.52% | 2.74% | 2.81% | 4.38% | 4.96% | 1.92% | −5.40% | 5.81% | 6.55% | 10.00% | 10.97% | 10.76% | 88% | 79% | |
| EBITDA Margin | 6.45% | 6.97% | 6.45% | 6.69% | 8.03% | 8.43% | 5.82% | −1.61% | 8.49% | 8.92% | 12.33% | 13.98% | 13.27% | 88% | 72% | |
| NOPAT Margin | — | — | — | — | — | — | — | −4.27% | 4.94% | 6.55% | 7.61% | 8.01% | 7.12% | 58% | 73% | |
| Net Margin | 8.83% | 1.46% | −0.12% | 0.94% | 1.06% | 3.83% | −0.11% | −11.65% | 4.16% | 6.66% | 6.71% | 7.12% | 3.82% | 50% | 60% | |
| FCF Margin | 3.48% | 0.35% | 0.71% | −1.51% | 2.53% | 1.33% | −0.68% | 6.48% | −1.40% | 2.47% | 5.27% | 5.00% | 3.31% | 65% | 46% | |
| FCFF Margin | — | — | — | — | — | — | — | — | — | — | 6.03% | 5.75% | 3.97% | 17% | 35% | |
| OCF Margin | 7.07% | 4.24% | 5.35% | 2.77% | 5.91% | 4.67% | 2.93% | 8.28% | 0.56% | 4.68% | 8.91% | 8.26% | 7.82% | 73% | 56% | |
| Gross Profitability | 23.07% | 26.48% | 25.37% | 17.55% | 22.66% | 23.76% | 20.02% | 22.98% | 21.67% | 24.87% | 28.39% | 33.57% | 27.33% | 81% | 34% | |
| Capex Intensity | 3.59% | 3.90% | 4.64% | 4.28% | 3.38% | 3.34% | 3.61% | 1.81% | 1.97% | 2.21% | 3.64% | 3.25% | 4.50% | 88% | 75% | |
| ▸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 · 2 ratios | ||||||||||||||||
| ▸Per share · 3 ratios | ||||||||||||||||
| ▸Other · 1 ratios | ||||||||||||||||
The five drivers multiply to 11.8% vs reported ROE 11.5%. 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↗ | 2026↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.48B | $1.50B | $1.35B | $1.50B | $2.10B | $2.21B | $1.98B | $1.81B | $2.05B | $2.30B | $2.41B | $2.58B | $3.18B |
| YoY % | +1.3% | -9.6% | +11.1% | +39.9% | +5.2% | -10.7% | -8.5% | +13.4% | +12.1% | +4.8% | +7.3% | +23.1% | |
| Cost of Revenue | $1.24B | $1.25B | $1.12B | $1.25B | $1.75B | $1.85B | $1.67B | $1.51B | $1.74B | $1.91B | $1.88B | $1.94B | $2.45B |
| YoY % | +0.8% | -10.5% | +11.6% | +39.9% | +5.8% | -9.7% | -9.2% | +14.9% | +9.6% | -1.4% | +3.1% | +26.3% | |
| Gross Profit | $238.2M | $246.5M | $233.6M | $254.4M | $356.5M | $365.5M | $307.5M | $293.4M | $309.3M | $389.4M | $525.6M | $643.8M | $731.1M |
| YoY % | +3.5% | -5.2% | +8.9% | +40.1% | +2.5% | -15.9% | -4.6% | +5.4% | +25.9% | +35.0% | +22.5% | +13.6% | |
| R&D Expense | $61.7M | $62.0M | $61.1M | $64.4M | $65.8M | $69.8M | $59.5M | $46.3M | $50.3M | $44.0M | $42.0M | $34.9M | $29.3M |
| YoY % | +0.5% | -1.5% | +5.4% | +2.2% | +6.1% | -14.8% | -22.2% | +8.6% | -12.5% | -4.5% | -16.9% | -16.0% | |
| SG&A Expense | $181.7M | $184.5M | $170.0M | $203.2M | $245.8M | $244.1M | $249.6M | $210.9M | $215.1M | $234.0M | $273.9M | $332.1M | $360.1M |
| YoY % | +1.5% | -7.9% | +19.5% | +21.0% | -0.7% | +2.3% | -15.5% | +2.0% | +8.8% | +17.1% | +21.2% | +8.4% | |
| Operating Income | $37.2M | $52.7M | $37.1M | $42.3M | $92.2M | $109.7M | $37.9M | -$97.7M | $119.2M | $150.4M | $240.7M | $283.5M | $342.4M |
| YoY % | +41.7% | -29.6% | +14.0% | +118.0% | +19.0% | -65.5% | +26.2% | +60.0% | +17.8% | +20.8% | |||
| Interest Expense | — | — | — | — | — | — | — | — | — | — | $24.1M | $26.4M | $31.6M |
| YoY % | +9.5% | +19.7% | |||||||||||
| Interest & Investment Income | $500,000 | $500,000 | $400,000 | $400,000 | $400,000 | $400,000 | $400,000 | $500,000 | $400,000 | $1.3M | $4.3M | $2.7M | $2.0M |
| YoY % | 0.0% | -20.0% | 0.0% | 0.0% | 0.0% | 0.0% | +25.0% | -20.0% | +225.0% | +230.8% | -37.2% | -25.9% | |
| Other Non-Operating Income | -$800,000 | $200,000 | -$35.9M | -$4.3M | -$3.3M | -$4.1M | -$4.8M | -$2.2M | -$2.1M | -$4.4M | -$2.0M | -$3.1M | -$8.2M |
| Equity Method Income | $700,000 | $600,000 | $100,000 | $100,000 | $200,000 | $700,000 | $200,000 | $0 | $0 | — | — | — | — |
| YoY % | -14.3% | -83.3% | 0.0% | +100.0% | +250.0% | -71.4% | -100.0% | ||||||
| Gains on Sale of Real Estate | — | — | — | — | — | — | -$600,000 | -$700,000 | $100,000 | -$100,000 | -$300,000 | — | — |
| Impairment of Real Estate | — | — | — | — | — | — | $8.6M | $166.8M | — | — | $0 | $0 | $4.1M |
| YoY % | +1839.5% | ||||||||||||
| Pretax Income | — | — | — | — | — | — | — | -$119.3M | $101.5M | $125.3M | $214.6M | $254.0M | $186.5M |
| YoY % | +23.4% | +71.3% | +18.4% | -26.6% | |||||||||
| Income Tax | -$107.9M | $19.0M | -$8.9M | $5.9M | $39.5M | -$5.1M | $12.4M | $90.2M | $15.2M | -$28.3M | $51.2M | $68.5M | $63.2M |
| YoY % | +569.5% | +627.4% | -83.1% | +33.8% | -7.7% | ||||||||
| Income from Continuing Operations | $128.7M | $21.0M | -$1.6M | $14.0M | — | — | — | — | — | — | — | — | — |
| YoY % | -83.7% | ||||||||||||
| Income from Discontinued Operations | $0 | $600,000 | $0 | $0 | — | — | — | — | — | — | — | — | — |
| YoY % | -100.0% | ||||||||||||
| Net Income (incl. NCI) | $131.9M | $22.8M | -$1.0M | $14.9M | $23.8M | $85.9M | -$2.0M | -$209.5M | $86.3M | $153.6M | $163.4M | $185.5M | $123.3M |
| YoY % | -82.7% | +59.7% | +260.9% | +78.0% | +6.4% | +13.5% | -33.5% | ||||||
| Minority Interest (P&L) | $1.5M | $1.0M | $600,000 | $700,000 | $1.6M | $1.1M | $200,000 | $1.2M | $1.1M | $500,000 | $1.9M | $1.5M | $1.8M |
| YoY % | -33.3% | -40.0% | +16.7% | +128.6% | -31.3% | -81.8% | +500.0% | -8.3% | -54.5% | +280.0% | -21.1% | +20.0% | |
| Net Income | $130.4M | $21.8M | -$1.6M | $14.2M | $22.2M | $84.8M | -$2.2M | -$210.7M | $85.2M | $153.1M | $161.5M | $184.0M | $121.5M |
| YoY % | -83.3% | +56.3% | +282.0% | +79.7% | +5.5% | +13.9% | -34.0% | ||||||
| Net Income to Common | $128.7M | $21.6M | -$1.6M | $14.0M | $22.0M | $84.4M | -$2.2M | -$210.7M | — | — | — | — | — |
| YoY % | -83.2% | +57.1% | +283.6% | ||||||||||
| EPS (Basic) | $2.75 | $0.46 | -$0.03 | $0.29 | $0.44 | $1.67 | -$0.04 | -$4.11 | $1.64 | $2.93 | $3.08 | $3.50 | $2.30 |
| YoY % | -83.3% | +51.7% | +279.5% | +78.7% | +5.1% | +13.6% | -34.3% | ||||||
| EPS (Diluted) | $2.72 | $0.45 | -$0.03 | $0.29 | $0.43 | $1.65 | -$0.04 | -$4.11 | $1.62 | $2.90 | $3.03 | $3.42 | $2.26 |
| YoY % | -83.5% | +48.3% | +283.7% | +79.0% | +4.5% | +12.9% | -33.9% | ||||||
| Weighted Avg Shares (Basic) | 46.9M | 47.2M | 47.3M | 47.8M | 49.9M | 50.5M | 50.8M | 51.3M | 52.0M | 52.3M | 52.4M | 52.6M | 52.8M |
| YoY % | +0.6% | +0.2% | +1.1% | +4.4% | +1.2% | +0.6% | +1.0% | +1.4% | +0.6% | +0.2% | +0.4% | +0.4% | |
| Weighted Avg Shares (Diluted) | 47.6M | 47.8M | 47.3M | 48.3M | 50.9M | 51.3M | 50.8M | 51.3M | 52.5M | 52.8M | 53.4M | 53.9M | 53.8M |
| YoY % | +0.4% | -1.0% | +2.1% | +5.4% | +0.8% | -1.0% | +1.0% | +2.3% | +0.6% | +1.1% | +0.9% | -0.2% |
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.
