STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $20.7B | $20.8B | $21.5B | $20.1B | $23.0B | |
| YoY % | -1.3% | +0.6% | +3.4% | -6.4% | +14.5% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $5.6B | $5.2B | $5.4B | $4.9B | $5.9B | |
| YoY % | -13.7% | -6.3% | +3.7% | -9.1% | +19.2% | |
| Margin % | 27.1% | 25.2% | 25.3% | 24.6% | 25.6% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $4.0B | $3.6B | $2.7B | $2.3B | $3.1B | |
| YoY % | -15.2% | -10.0% | -23.2% | -15.1% | +31.8% | |
| Margin % | 19.2% | 17.2% | 12.8% | 11.6% | 13.3% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $2.1B | $1.6B | $809.6M | $517.6M | $1.3B | |
| YoY % | -20.3% | -22.4% | -49.5% | -36.1% | +153.3% | |
| Margin % | 10.0% | 7.7% | 3.8% | 2.6% | 5.7% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $1.1B | $722.3M | $551.6M | $559.7M | $1.1B | |
| YoY % | -16.7% | -36.5% | -23.6% | +1.5% | +105.1% | |
| Net Margin | 5.5% | 3.5% | 2.6% | 2.8% | 5.0% | |
| EPS (GAAP) | $3.89 | $2.47 | $1.88 | $1.90 | $3.94 | |
| YoY % | -16.2% | -36.5% | -23.9% | +1.1% | +107.4% |