STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.2B | $1.7B | $2.1B | $2.7B | $3.2B | |
| YoY % | +76.5% | +43.7% | +22.0% | +25.5% | +18.6% | |
| P / Sales | 1.3x | 0.7x | 0.8x | 1.0x | 1.3x | |
| EV / Sales | 2.5x | 2.2x | 2.4x | 2.5x | 2.9x | |
| Gross Profit, Adj. | $1.2B | $1.7B | $2.1B | $2.7B | $3.2B | |
| YoY % | +76.5% | +43.7% | +22.0% | +25.5% | +18.6% | |
| Margin % | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| EV / Gross Profit | 2.5x | 2.2x | 2.4x | 2.5x | 2.9x | |
| EBITDA, Adj. | $448.4M | $420.9M | $460.3M | $625.0M | $781.3M | |
| YoY % | +18.8% | -6.2% | +9.4% | +35.8% | +25.0% | |
| Margin % | 37.1% | 24.2% | 21.7% | 23.5% | 24.8% | |
| EV / EBITDA | 6.8x | 9.0x | 11.0x | 10.7x | 11.9x | |
| EBIT | $413.1M | $384.0M | $422.1M | $584.8M | $739.4M | |
| YoY % | +15.4% | -7.0% | +9.9% | +38.5% | +26.5% | |
| Margin % | 34.2% | 22.1% | 19.9% | 22.0% | 23.5% | |
| EV / EBIT | 7.4x | 9.9x | 12.0x | 11.5x | 12.5x | |
| Net Income | $256.3M | $207.4M | $175.1M | $209.4M | $308.4M | |
| YoY % | -32.2% | -19.1% | -15.6% | +19.6% | +47.2% | |
| Net Margin | 21.2% | 11.9% | 8.3% | 7.9% | 9.8% | |
| EPS (GAAP) | $6.79 | $6.19 | $5.49 | $7.43 | $11.52 | |
| YoY % | -42.0% | -8.8% | -11.3% | +35.3% | +55.0% |