STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.0B | $2.2B | $2.5B | $2.9B | $3.1B | |
| YoY % | +20.5% | +10.0% | +12.5% | +12.9% | +9.7% | |
| P / Sales | 25.0x | 16.7x | 17.5x | 16.6x | 14.0x | |
| EV / Sales | 27.1x | 18.9x | 19.8x | 18.7x | 16.5x | |
| Gross Profit, Adj. | $1.7B | $1.8B | $2.1B | $2.3B | $2.6B | |
| YoY % | +20.0% | +9.5% | +12.9% | +12.5% | +10.3% | |
| Margin % | 82.4% | 82.0% | 82.3% | 82.0% | 82.4% | |
| EV / Gross Profit | 32.9x | 23.0x | 24.1x | 22.8x | 20.0x | |
| EBITDA, Adj. | $1.2B | $1.3B | $1.5B | $1.7B | $1.9B | |
| YoY % | +24.2% | +9.8% | +14.7% | +12.5% | +11.5% | |
| Margin % | 59.1% | 59.0% | 60.1% | 59.9% | 60.8% | |
| EV / EBITDA | 45.9x | 32.0x | 33.0x | 31.2x | 27.2x | |
| EBIT | $1.1B | $1.2B | $1.4B | $1.5B | $1.7B | |
| YoY % | +21.2% | +12.6% | +14.7% | +10.4% | +12.1% | |
| Margin % | 52.5% | 53.7% | 54.8% | 53.5% | 54.7% | |
| EV / EBIT | 51.6x | 35.2x | 36.2x | 34.9x | 30.2x | |
| Net Income | $726.0M | $870.6M | $1.1B | $1.1B | $1.2B | |
| YoY % | +20.6% | +19.9% | +31.9% | -3.4% | +8.4% | |
| Net Margin | 35.5% | 38.7% | 45.4% | 38.8% | 38.4% | |
| EPS (GAAP) | $8.70 | $10.72 | $14.39 | $14.05 | $15.69 | |
| YoY % | +22.2% | +23.2% | +34.2% | -2.4% | +11.7% |