| Market Cap | $2.67B | |
| Enterprise Value | $163.0M | |
| Revenue | $4.00B | +39.7% |
| Gross Profit | $992.0M | +58.0% |
| EBITDA | $325.7M | +311.9% |
| Net Income | $7.01B | — |
| Diluted EPS | $9.63 | — |
| Free Cash Flow | $226.2M | +1.9% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 36.49% | 35.34% | 41.21% | 37.40% | 35.75% | 28.81% | 32.57% | 36.21% | 34.30% | 48.30% | 43.77% | 49.49% | 96% | 51% | |
| Operating Margin | 15.08% | 4.77% | 11.53% | 10.35% | 9.85% | −6.09% | −0.61% | 2.92% | −16.16% | −35.39% | −21.10% | 2.46% | 46% | 54% | |
| EBITDA Margin | 21.85% | 12.74% | 19.63% | 18.64% | 17.68% | 3.14% | 9.15% | 14.59% | −4.13% | −5.28% | 5.70% | 16.80% | 63% | 72% | |
| NOPAT Margin | 11.26% | 3.77% | 9.43% | 9.56% | 8.09% | −4.81% | −0.49% | 2.31% | −12.76% | −27.96% | −16.67% | 2.46% | 54% | 54% | |
| Net Margin | 6.18% | −1.86% | 4.53% | 4.25% | 3.07% | −11.14% | −6.80% | −6.87% | −22.23% | −80.85% | −22.82% | 118.23% | 96% | 99% | |
| FCF Margin | — | — | 11.62% | 11.35% | 9.01% | 5.90% | 3.73% | −0.14% | 1.53% | 12.69% | 17.92% | 13.08% | 85% | 61% | |
| FCFF Margin | — | — | 16.22% | 16.55% | 13.36% | — | — | — | — | — | — | — | — | — | |
| FCFE Margin | — | — | −2.58% | 6.74% | 0.26% | 52.29% | −0.20% | −0.61% | 0.98% | 10.98% | 18.75% | −90.41% | 5% | 7% | |
| OCF Margin | — | — | 13.00% | 12.86% | 10.82% | 7.15% | 5.17% | 1.82% | 3.28% | 15.95% | 19.75% | 16.72% | 85% | 65% | |
| Gross Profitability | 28.42% | 17.94% | 28.41% | 24.22% | 24.63% | 16.66% | 20.24% | 18.40% | 16.99% | 9.65% | 6.92% | 10.20% | 21% | 15% | |
| Capex Intensity | 0.96% | 1.48% | 1.39% | 1.51% | 1.80% | 1.25% | 1.44% | 1.95% | 1.75% | 3.26% | 1.83% | 3.64% | 96% | 68% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 8 ratios | |||||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||||
| ▸Capital allocation · 2 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 7.7% vs reported ROE 8.2%. 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 | $3.83B | $3.81B | $4.92B | $4.56B | $4.57B | $8.35B | $8.44B | $6.74B | $5.79B | $1.86B | $1.38B | $1.93B |
| YoY % | -0.6% | +29.3% | -7.4% | +0.2% | +82.7% | +1.1% | -20.1% | -14.1% | -67.8% | -25.8% | +39.7% | |
| Cost of Revenue | $2.43B | $2.46B | $2.89B | $2.86B | $2.94B | $5.94B | $5.69B | $4.30B | $3.80B | $963.5M | $777.5M | $975.7M |
| YoY % | +1.2% | +17.6% | -1.4% | +2.8% | +102.4% | -4.3% | -24.4% | -11.5% | -74.7% | -19.3% | +25.5% | |
| Gross Profit | — | — | — | $1.71B | $1.63B | $2.40B | $2.75B | $2.44B | $1.99B | $900.3M | $605.1M | $955.9M |
| YoY % | -4.2% | +47.2% | +14.3% | -11.2% | -18.6% | -54.7% | -32.8% | +58.0% | ||||
| R&D Expense | $125.3M | $136.0M | $201.3M | $185.6M | $185.7M | $578.5M | $703.3M | $565.0M | $451.6M | $318.8M | $247.5M | $283.5M |
| YoY % | +8.5% | +48.1% | -7.8% | +0.1% | +211.5% | +21.6% | -19.7% | -20.1% | -29.4% | -22.4% | +14.5% | |
| SG&A Expense | $484.9M | $687.4M | $881.7M | $733.1M | $674.0M | $1.28B | $1.17B | $1.08B | $907.8M | $512.4M | $472.0M | $497.4M |
| YoY % | +41.8% | +28.3% | -16.9% | -8.1% | +89.5% | -8.3% | -7.5% | -16.2% | -43.6% | -7.9% | +5.4% | |
| Total Operating Expenses | — | — | — | $1.23B | $1.18B | $2.91B | $2.80B | $2.24B | $2.92B | $1.56B | $921.3M | $943.8M |
| YoY % | -4.1% | +146.1% | -3.9% | -19.9% | +30.2% | -46.6% | -40.9% | +2.4% | ||||
| Operating Income | $577.4M | $181.6M | $567.6M | $472.0M | $450.0M | -$508.5M | -$51.8M | $196.6M | -$935.3M | -$659.6M | -$291.7M | $47.6M |
| YoY % | -68.6% | +212.6% | -16.8% | -4.7% | ||||||||
| Interest Expense | $178.9M | $234.7M | $277.5M | $257.0M | $242.0M | $577.2M | $577.8M | $561.2M | $588.9M | $675.8M | $686.9M | — |
| YoY % | +31.1% | +18.3% | -7.4% | -5.8% | +138.5% | +0.1% | -2.9% | +4.9% | +14.8% | +1.6% | ||
| Interest & Investment Income | $5.0M | $4.1M | $5.5M | $4.2M | $7.0M | $18.1M | $4.4M | $1.9M | $2.8M | $11.1M | $10.9M | $16.7M |
| YoY % | -16.7% | +33.8% | -24.0% | +66.7% | +158.6% | -75.7% | -56.8% | +47.4% | +296.4% | -1.8% | +53.2% | |
| Other Non-Operating Income | -$86.4M | -$13.1M | -$23.1M | -$9.4M | -$44.3M | -$6.4M | -$29.3M | -$26.5M | $0 | $75.5M | $7.9M | -$9.4M |
| YoY % | -89.5% | |||||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $206.7M | $13.7M | $1.12B | $1.24B | $19.2M | $0 |
| YoY % | -93.4% | +8072.3% | +11.1% | -98.5% | -100.0% | |||||||
| Pretax Income | $317.1M | -$62.0M | $272.6M | $209.8M | $170.7M | -$1.07B | -$654.5M | -$389.2M | -$1.52B | -$573.0M | -$272.9M | $54.9M |
| YoY % | -23.0% | -18.6% | ||||||||||
| Income Tax | $80.3M | $8.9M | $49.7M | $16.0M | $30.5M | -$144.5M | -$81.1M | -$39.2M | -$91.3M | $79.8M | -$66.9M | -$269.4M |
| YoY % | -88.9% | +460.4% | -67.8% | +90.6% | ||||||||
| Income from Continuing Operations | — | — | — | — | — | — | — | -$350.0M | -$1.43B | -$652.8M | -$206.0M | $324.3M |
| Net Income (incl. NCI) | — | — | $222.8M | $193.8M | $140.2M | -$929.5M | -$573.4M | -$462.6M | -$1.29B | -$1.51B | -$315.5M | $2.28B |
| YoY % | -13.0% | -27.7% | ||||||||||
| Net Income | $236.8M | -$70.9M | $222.8M | $193.8M | $140.2M | -$929.5M | -$573.4M | -$462.6M | -$1.29B | -$1.51B | -$315.5M | $2.28B |
| YoY % | -13.0% | -27.7% | ||||||||||
| Net Income to Common | — | — | — | $193.8M | $140.2M | -$973.2M | -$629.5M | -$519.9M | -$1.35B | -$1.57B | -$380.7M | $2.21B |
| YoY % | -27.7% | |||||||||||
| EPS (Basic) | $1.27 | -$0.37 | $1.16 | $1.01 | $0.73 | -$5.02 | -$3.20 | -$2.55 | -$6.49 | -$7.44 | -$1.78 | $10.09 |
| YoY % | -12.9% | -27.7% | ||||||||||
| EPS (Diluted) | $1.24 | -$0.37 | $1.13 | $0.98 | $0.72 | -$5.02 | -$3.20 | -$2.55 | -$6.49 | -$7.44 | -$1.78 | $9.63 |
| YoY % | -13.3% | -26.5% | ||||||||||
| Weighted Avg Shares (Basic) | 186.9M | 189.9M | 192.5M | 192.4M | 192.0M | 193.7M | 196.8M | 203.6M | 207.4M | 210.9M | 214.4M | 219.5M |
| YoY % | +1.6% | +1.4% | -0.0% | -0.2% | +0.9% | +1.6% | +3.5% | +1.9% | +1.7% | +1.7% | +2.4% | |
| Weighted Avg Shares (Diluted) | 191.4M | 189.9M | 196.5M | 196.8M | 195.3M | 193.7M | 196.8M | 203.6M | 207.4M | 210.9M | 214.4M | 230.0M |
| YoY % | -0.8% | +3.5% | +0.2% | -0.8% | -0.8% | +1.6% | +3.5% | +1.9% | +1.7% | +1.7% | +7.3% |
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.
