| Market Cap | $7.44B | |
| Enterprise Value | $3.06B | |
| Revenue | $13.30B | +27.5% |
| Gross Profit | — | — |
| EBITDA | $39.8M | −511.0% |
| Net Income | -$39.4M | −1842.5% |
| Diluted EPS | -$1.69 | −1790.0% |
| Free Cash Flow | $2.80B | +11.4% |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 7y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||
| Operating Margin | −53.13% | −86.92% | −29.61% | −14.88% | −4.02% | 0.62% | −3.39% | 79% | 34% | |
| EBITDA Margin | −51.72% | −84.48% | −28.82% | −14.50% | −3.50% | 0.97% | −3.14% | 79% | 19% | |
| NOPAT Margin | −41.98% | −68.67% | −23.39% | −11.76% | −3.17% | 0.49% | −2.68% | 79% | 20% | |
| Net Margin | −53.50% | −87.90% | −31.14% | −15.30% | −4.62% | 0.28% | −3.79% | 79% | 15% | |
| FCF Margin | −39.20% | 45.10% | −11.29% | 8.86% | −5.08% | 10.35% | 9.05% | 64% | 27% | |
| FCFF Margin | — | — | — | — | — | 10.56% | — | — | — | — |
| FCFE Margin | — | 76.86% | −19.62% | 16.56% | −5.08% | 10.35% | 12.55% | 58% | 39% | |
| OCF Margin | −33.87% | 48.13% | −9.88% | 9.60% | −4.64% | 10.66% | 9.36% | 50% | 26% | |
| Capex Intensity | 5.32% | 3.03% | 1.41% | 0.73% | 0.44% | 0.30% | 0.31% | 21% | 13% | |
| ▸Returns on Capital · 4 ratios | ||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||
| ▸Earnings quality · 6 ratios | ||||||||||
| ▸Liquidity & coverage · 8 ratios | ||||||||||
| ▸Leverage · 9 ratios | ||||||||||
| ▸Working capital · 1 ratios | ||||||||||
| ▸Capital allocation · 2 ratios | ||||||||||
| ▸Per share · 3 ratios | ||||||||||
The five drivers multiply to 2.9% vs reported ROE 2.8%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|
| Revenue | $488.2M | $462.8M | $1.84B | $3.96B | $5.86B | $9.18B | $11.70B |
| YoY % | -5.2% | +297.3% | +115.6% | +47.9% | +56.5% | +27.5% | |
| SG&A Expense | — | — | — | $1.26B | $1.43B | $1.76B | $2.05B |
| YoY % | +13.4% | +23.1% | +16.8% | ||||
| Operating Income | -$259.4M | -$402.3M | -$544.5M | -$589.9M | -$235.6M | $57.3M | -$396.4M |
| Interest Expense | — | — | — | $22.6M | $24.6M | $23.7M | $17.6M |
| YoY % | +8.8% | -3.5% | -25.8% | ||||
| Other Non-Operating Income | — | — | -$1.2M | $2.4M | -$7.1M | -$105,000 | -$23.3M |
| Pretax Income | -$259.4M | -$405.8M | -$570.6M | -$610.1M | -$267.3M | $33.4M | -$437.3M |
| Income Tax | $1.8M | $1.0M | $846,000 | -$523,000 | $3.3M | $7.3M | $5.6M |
| YoY % | -41.7% | -19.0% | +121.8% | -23.3% | |||
| Net Income (incl. NCI) | -$261.2M | -$406.8M | -$571.4M | -$609.6M | -$270.6M | $26.1M | -$442.9M |
| Minority Interest (P&L) | $0 | $0 | $1.2M | -$3.3M | $134,000 | $689,000 | $248,000 |
| YoY % | +414.2% | -64.0% | |||||
| Net Income | -$261.2M | -$406.8M | -$572.6M | -$606.3M | -$270.7M | $25.4M | -$443.2M |
| Net Income to Common | -$261.2M | -$414.2M | -$572.6M | -$606.3M | -$270.7M | $25.4M | -$443.2M |
| EPS (Basic) | -$9.06 | -$14.16 | -$3.20 | -$2.85 | -$1.22 | $0.11 | -$1.69 |
| EPS (Diluted) | -$9.06 | -$14.16 | -$3.20 | -$2.85 | -$1.22 | $0.10 | -$1.69 |
| Weighted Avg Shares (Basic) | 28.8M | 29.3M | 179.0M | 212.5M | 221.7M | 240.4M | 262.4M |
| YoY % | +1.6% | +511.6% | +18.7% | +4.3% | +8.5% | +9.2% | |
| Weighted Avg Shares (Diluted) | 28.8M | 29.3M | 179.0M | 212.5M | 221.7M | 265.9M | 262.4M |
| YoY % | +1.6% | +511.6% | +18.7% | +4.3% | +19.9% | -1.3% |
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.
