| Market Cap | $10.39B | |
| Enterprise Value | $5.24B | |
| Revenue | $44.52B | +11.7% |
| Gross Profit | $2.30B | −4.6% |
| EBITDA | $371.0M | −48.4% |
| Net Income | -$7.0M | −60.0% |
| Diluted EPS | $8.92 | −56.3% |
| Free Cash Flow | $271.0M | −216.9% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | — | — | — | 17.37% | 18.55% | 14.64% | 15.01% | 15.86% | 15.31% | 13.07% | 7% | 28% | |
| Operating Margin | 2.00% | 2.73% | 1.72% | −2.79% | 5.99% | 6.20% | 5.55% | 3.67% | 3.67% | 4.62% | 4.20% | 1.72% | 13% | 29% | |
| EBITDA Margin | 3.38% | 3.62% | 2.74% | −1.90% | 6.66% | 6.73% | 6.00% | 4.14% | 4.22% | 5.12% | 4.66% | 2.15% | 13% | 24% | |
| NOPAT Margin | — | — | — | — | — | 4.70% | 3.89% | 2.77% | 2.73% | 3.44% | 3.12% | 1.38% | 7% | 28% | |
| Net Margin | 0.64% | 1.01% | 0.29% | −2.58% | 3.74% | 4.38% | 3.46% | 2.37% | 2.48% | 3.20% | 2.90% | 1.04% | 38% | 20% | |
| FCF Margin | 9.78% | 7.00% | 2.79% | 3.61% | −1.82% | 2.24% | 9.39% | 7.35% | 2.13% | 4.63% | 1.34% | −1.40% | 13% | 30% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 2.39% | 4.87% | 1.55% | −1.06% | 13% | 8% | |
| FCFE Margin | 11.05% | 11.86% | 2.79% | — | — | — | — | — | — | — | — | — | — | — | |
| OCF Margin | 10.97% | 7.93% | 3.78% | 4.04% | −1.66% | 2.58% | 9.77% | 7.63% | 2.42% | 4.88% | 1.58% | −1.18% | 13% | 20% | |
| Gross Profitability | 22.55% | 23.22% | 23.16% | 21.37% | 35.20% | 33.93% | 26.01% | 33.31% | 38.97% | 36.28% | 39.81% | 38.15% | 79% | 98% | |
| Capex Intensity | 1.19% | 0.93% | 0.99% | 0.43% | 0.16% | 0.34% | 0.38% | 0.28% | 0.28% | 0.25% | 0.25% | 0.22% | 13% | 14% | |
| ▸Returns on Capital · 4 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 6 ratios | |||||||||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||||||||
| ▸Leverage · 8 ratios | |||||||||||||||
| ▸Working capital · 3 ratios | |||||||||||||||
| ▸Capital allocation · 2 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
The five drivers multiply to 11.6% vs reported ROE 11.0%. 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 | $9.67B | $14.18B | $17.78B | $19.88B | $18.89B | $16.83B | $19.42B | $27.77B | $31.97B | $34.07B | $40.65B | $45.43B |
| YoY % | +46.7% | +25.4% | +11.8% | -5.0% | -10.9% | +15.4% | +43.0% | +15.1% | +6.6% | +19.3% | +11.7% | |
| Cost of Revenue | — | — | — | — | — | $13.90B | $15.82B | $23.70B | $27.18B | $28.67B | $34.43B | $39.49B |
| YoY % | +13.8% | +49.8% | +14.6% | +5.5% | +20.1% | +14.7% | ||||||
| Gross Profit | $1.00B | $1.53B | $1.73B | $1.81B | $2.52B | $2.30B | $2.48B | — | — | — | — | — |
| YoY % | +52.7% | +13.0% | +4.9% | +39.1% | -8.5% | +7.6% | ||||||
| SG&A Expense | $765.0M | $1.15B | $1.39B | $1.59B | $1.33B | $1.30B | $1.48B | $2.07B | $2.31B | $2.46B | $2.74B | $3.01B |
| YoY % | +49.8% | +21.6% | +14.4% | -16.4% | -2.8% | +14.2% | +39.7% | +11.8% | +6.5% | +11.4% | +9.7% | |
| Total Operating Expenses | $9.47B | $13.79B | $17.48B | $20.44B | $17.76B | $15.79B | $18.34B | $26.75B | $30.80B | $32.50B | $38.94B | $44.65B |
| YoY % | +45.6% | +26.7% | +16.9% | -13.1% | -11.1% | +16.2% | +45.8% | +15.1% | +5.5% | +19.8% | +14.6% | |
| Operating Income | $193.0M | $387.0M | $306.0M | -$555.0M | $1.13B | $1.04B | $1.08B | $1.02B | $1.17B | $1.57B | $1.71B | $781.0M |
| YoY % | +100.5% | -20.9% | -7.7% | +3.3% | -5.4% | +15.0% | +34.1% | +8.5% | -54.2% | |||
| Interest Expense | — | — | — | — | — | — | — | — | $110.0M | $109.0M | $118.0M | $192.0M |
| YoY % | -0.9% | +8.3% | +62.7% | |||||||||
| Interest & Investment Income | $20.0M | $23.0M | $38.0M | $70.0M | $125.0M | $17.0M | $17.0M | $77.0M | $75.0M | — | — | — |
| YoY % | +15.0% | +65.2% | +84.2% | +78.6% | -86.4% | 0.0% | +352.9% | -2.6% | ||||
| Other Non-Operating Income | -$1.0M | $1.0M | $0 | $61.0M | -$17.0M | $15.0M | -$15.0M | -$25.0M | $0 | $0 | — | — |
| YoY % | -100.0% | |||||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $0 | $0 | $208.0M | $0 | $0 | — |
| YoY % | -100.0% | |||||||||||
| Pretax Income | — | — | — | — | — | $972.0M | $961.0M | $875.0M | $1.06B | $1.46B | $1.59B | $589.0M |
| YoY % | -1.1% | -8.9% | +21.5% | +37.7% | +8.5% | -62.9% | ||||||
| Income Tax | $73.0M | $179.0M | $153.0M | -$100.0M | $292.0M | $235.0M | $288.0M | $216.0M | $271.0M | $373.0M | $410.0M | $117.0M |
| YoY % | +145.2% | -14.5% | -19.5% | +22.6% | -25.0% | +25.5% | +37.6% | +9.9% | -71.5% | |||
| Income from Continuing Operations | $62.0M | $143.0M | — | — | — | — | — | — | — | — | — | — |
| YoY % | +130.6% | |||||||||||
| Net Income | $62.0M | $143.0M | $52.0M | -$512.0M | $707.0M | $737.0M | $673.0M | $659.0M | $792.0M | $1.09B | $1.18B | $472.0M |
| YoY % | +130.6% | -63.6% | +4.2% | -8.7% | -2.1% | +20.2% | +37.8% | +8.1% | -60.0% | |||
| EPS (Basic) | $1.33 | $2.75 | $0.93 | -$9.07 | $11.57 | $11.85 | $11.40 | $11.40 | $13.72 | $18.91 | $20.52 | $8.93 |
| YoY % | +106.8% | -66.2% | +2.4% | -3.8% | 0.0% | +20.4% | +37.8% | +8.5% | -56.5% | |||
| EPS (Diluted) | $1.29 | $2.58 | $0.92 | -$9.07 | $10.61 | $11.47 | $11.23 | $11.25 | $13.55 | $18.77 | $20.42 | $8.92 |
| YoY % | +100.0% | -64.3% | +8.1% | -2.1% | +0.2% | +20.4% | +38.5% | +8.8% | -56.3% | |||
| Weighted Avg Shares (Basic) | 47.0M | 52.0M | 55.4M | 56.4M | 61.1M | 62.2M | 59.0M | 57.8M | 57.8M | 57.7M | 57.4M | 52.8M |
| YoY % | +10.6% | +6.5% | +1.8% | +8.3% | +1.8% | -5.1% | -2.0% | 0.0% | -0.2% | -0.5% | -8.0% | |
| Weighted Avg Shares (Diluted) | 48.0M | 56.0M | 56.2M | 56.4M | 66.6M | 64.2M | 59.9M | 58.6M | 58.5M | 58.1M | 57.7M | 52.9M |
| YoY % | +16.7% | +0.4% | +0.4% | +18.1% | -3.6% | -6.7% | -2.2% | -0.2% | -0.7% | -0.7% | -8.3% |
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.
