| Market Cap | $4.17B | |
| Enterprise Value | $4.94B | |
| Revenue | $7.55B | −6.4% |
| Gross Profit | — | — |
| EBITDA | $762.1M | +281.1% |
| Net Income | $454.2M | — |
| Diluted EPS | $7.16 | — |
| Free Cash Flow | $255.0M | — |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 5.49% | 13.50% | 12.26% | — | — | — | — | — | — | — | — | — | — | — | |
| Operating Margin | −1.21% | 2.98% | −1.05% | 3.85% | 2.40% | 2.74% | −10.17% | −0.16% | 5.97% | 8.25% | 0.60% | 7.22% | 88% | 52% | |
| EBITDA Margin | −0.73% | 3.94% | 0.64% | 5.73% | 3.95% | 4.33% | −7.29% | 1.84% | 7.33% | 9.70% | 2.25% | 9.15% | 88% | 27% | |
| NOPAT Margin | −0.95% | 2.35% | −0.83% | 3.85% | 2.38% | 2.16% | −8.03% | −0.13% | 5.96% | 8.25% | 0.47% | 5.54% | 79% | 48% | |
| Net Margin | −1.51% | −1.93% | −2.46% | 2.97% | 1.16% | 0.76% | −13.08% | −1.72% | 4.97% | 8.84% | −0.42% | 4.95% | 79% | 53% | |
| FCF Margin | −2.22% | 5.32% | −2.59% | 3.06% | 1.24% | 0.40% | −3.22% | −1.21% | 5.45% | 6.03% | −0.65% | 3.97% | 71% | 49% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 6.38% | 6.90% | — | 4.82% | 17% | 34% | |
| OCF Margin | −1.76% | 6.41% | −1.25% | 4.36% | 2.66% | 1.96% | −1.19% | −0.59% | 6.17% | 7.02% | 1.05% | 5.96% | 71% | 18% | |
| Gross Profitability | 23.20% | 31.27% | 19.97% | — | — | — | — | — | — | — | — | — | — | — | |
| Capex Intensity | 0.46% | 1.08% | 1.33% | 1.30% | 1.42% | 1.55% | 2.03% | 0.63% | 0.72% | 1.00% | 1.70% | 1.99% | 88% | 15% | |
| ▸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 24.5% vs reported ROE 27.3%. 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 | $3.11B | $2.07B | $1.87B | $2.44B | $3.41B | $5.40B | $3.13B | $4.71B | $7.33B | $8.25B | $7.98B | $7.47B |
| YoY % | -33.5% | -9.7% | +31.0% | +39.6% | +58.4% | -42.1% | +50.7% | +55.6% | +12.5% | -3.2% | -6.4% | |
| Cost of Revenue | $2.94B | $1.79B | $1.64B | — | — | — | — | — | — | — | — | — |
| YoY % | -39.2% | -8.4% | ||||||||||
| SG&A Expense | $34.3M | $44.3M | $42.1M | $46.1M | $47.4M | $46.2M | $41.3M | $48.1M | $62.4M | $91.4M | $108.8M | $98.5M |
| YoY % | +29.1% | -5.0% | +9.5% | +2.9% | -2.5% | -10.7% | +16.5% | +29.7% | +46.6% | +19.0% | -9.5% | |
| Total Operating Expenses | $3.15B | $2.00B | $1.88B | $2.35B | $3.33B | $5.25B | $3.44B | $4.72B | $6.88B | $7.55B | $7.93B | $6.93B |
| YoY % | -36.3% | -6.0% | +24.6% | +41.7% | +57.8% | -34.5% | +37.0% | +45.9% | +9.7% | +5.0% | -12.6% | |
| Operating Income | -$37.5M | $61.5M | -$19.6M | $94.0M | $81.9M | $148.0M | -$318.0M | -$7.6M | $437.9M | $680.0M | $47.6M | $538.8M |
| YoY % | -12.8% | +80.6% | +55.3% | -93.0% | +1031.2% | |||||||
| Interest Expense | — | — | — | — | — | — | — | — | $68.3M | $72.5M | $82.8M | $82.4M |
| YoY % | +6.1% | +14.3% | -0.5% | |||||||||
| Other Non-Operating Income | -$312,000 | -$291,000 | -$10,000 | $911,000 | $1.0M | $2.5M | $1.0M | -$52,000 | $613,000 | -$53,000 | -$1.9M | -$665,000 |
| YoY % | +14.8% | +140.5% | -58.3% | |||||||||
| Equity Method Income | $2.8M | -$56.0M | -$22.4M | $18.4M | $9.5M | -$89.8M | -$46.9M | $0 | $0 | $25.0M | -$296,000 | $23.3M |
| YoY % | -48.5% | |||||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $85.8M | $1.8M | $0 | $0 | — | — |
| YoY % | -97.9% | -100.0% | ||||||||||
| Pretax Income | -$47.5M | -$56.7M | -$53.7M | $71.3M | $39.8M | -$28.9M | -$429.8M | -$80.3M | $364.9M | $613.3M | -$39.0M | $477.9M |
| YoY % | -44.2% | +68.1% | ||||||||||
| Income Tax | -$455,000 | -$16.8M | -$7.9M | -$1.3M | $333,000 | -$69.7M | -$20.7M | $1.0M | $710,000 | -$115.3M | -$5.7M | $110.8M |
| YoY % | -30.5% | |||||||||||
| Net Income (incl. NCI) | — | — | — | — | — | — | — | — | — | $728.6M | -$33.3M | $367.1M |
| Minority Interest (P&L) | — | — | — | — | — | — | — | — | — | $0 | $0 | -$2.3M |
| Net Income | -$47.0M | -$39.9M | -$45.8M | $72.6M | $39.4M | $40.8M | -$409.1M | -$81.3M | $364.2M | $728.6M | -$33.3M | $369.4M |
| YoY % | -45.7% | +3.5% | +100.1% | |||||||||
| Net Income to Common | -$47.0M | -$39.9M | -$45.8M | $71.7M | $38.9M | $40.4M | -$409.1M | -$81.3M | — | — | — | — |
| YoY % | -45.8% | +3.9% | ||||||||||
| EPS (Basic) | -$1.44 | -$1.06 | -$1.08 | $1.58 | $0.85 | $0.80 | -$7.68 | -$1.40 | $6.12 | $12.14 | -$0.59 | $7.28 |
| YoY % | -46.2% | -5.9% | +98.4% | |||||||||
| EPS (Diluted) | -$1.44 | -$1.06 | -$1.08 | $1.57 | $0.85 | $0.80 | -$7.68 | -$1.40 | $6.08 | $11.94 | -$0.59 | $7.16 |
| YoY % | -45.9% | -5.9% | +96.4% | |||||||||
| Weighted Avg Shares (Basic) | 32.7M | 37.7M | 42.3M | 45.5M | 45.7M | 50.4M | 53.3M | 58.3M | 59.5M | 60.0M | 56.8M | 50.7M |
| YoY % | +15.1% | +12.4% | +7.5% | +0.4% | +10.1% | +5.8% | +9.3% | +2.2% | +0.8% | -5.4% | -10.6% | |
| Weighted Avg Shares (Diluted) | 32.7M | 37.7M | 42.3M | 45.6M | 45.8M | 50.5M | 53.3M | 58.3M | 59.9M | 61.0M | 56.8M | 51.6M |
| YoY % | +15.1% | +12.4% | +7.6% | +0.4% | +10.3% | +5.6% | +9.3% | +2.8% | +1.9% | -6.9% | -9.1% |
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.
