STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $4.1B | $3.9B | $3.7B | $3.4B | $3.0B | |
| YoY % | -0.6% | -6.8% | -3.5% | -9.8% | -9.4% | |
| P / Sales | 0.3x | 0.2x | 0.2x | 0.2x | 0.1x | |
| EV / Sales | 0.8x | 0.7x | 0.7x | 0.6x | 0.5x | |
| Gross Profit, Adj. | $1.0B | $840.0M | $834.0M | $626.0M | $552.0M | |
| YoY % | +5.0% | -16.2% | -0.7% | -24.9% | -11.8% | |
| Margin % | 24.2% | 21.8% | 22.4% | 18.7% | 18.1% | |
| EV / Gross Profit | 3.5x | 3.4x | 3.2x | 3.2x | 3.0x | |
| EBITDA, Adj. | $448.0M | $394.0M | $307.0M | $119.0M | $101.0M | |
| YoY % | -7.4% | -12.1% | -22.1% | -61.2% | -15.1% | |
| Margin % | 10.8% | 10.2% | 8.2% | 3.5% | 3.3% | |
| EV / EBITDA | 7.8x | 7.2x | 8.8x | 17.0x | 16.2x | |
| EBIT | $93.0M | $-162.0M | $73.0M | $-94.0M | $-92.0M | |
| YoY % | +1760.0% | -274.2% | +145.1% | -228.8% | +2.1% | |
| Margin % | 2.2% | -4.2% | 2.0% | -2.8% | -3.0% | |
| EV / EBIT | 37.5x | -17.5x | 36.8x | -21.5x | -17.8x | |
| Net Income | $-38.0M | $-192.0M | $-306.0M | $416.0M | $-180.0M | |
| YoY % | +70.3% | -405.3% | -59.4% | +235.9% | -143.3% | |
| Net Margin | -0.9% | -5.0% | -8.2% | 12.4% | -5.9% | |
| EPS (GAAP) | -$0.18 | -$0.89 | -$1.41 | $2.23 | -$1.14 | |
| YoY % | +70.5% | -394.4% | -58.4% | +258.2% | -151.1% |