STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $10.6B | $9.5B | $8.1B | $7.6B | $7.2B | |
| YoY % | +12.8% | -10.7% | -14.0% | -6.8% | -5.0% | |
| P / Sales | 0.9x | 0.6x | 0.4x | 0.5x | 0.2x | |
| EV / Sales | 1.8x | 1.6x | 1.5x | 1.6x | 1.3x | |
| Gross Profit, Adj. | $3.4B | $2.8B | $2.4B | $2.5B | $2.4B | |
| YoY % | +9.0% | -15.7% | -17.0% | +8.3% | -4.6% | |
| Margin % | 31.8% | 30.0% | 28.9% | 33.6% | 33.8% | |
| EV / Gross Profit | 5.7x | 5.3x | 5.2x | 4.8x | 4.0x | |
| EBITDA, Adj. | $1.4B | $1.1B | $686.0M | $788.0M | $758.0M | |
| YoY % | +12.9% | -22.4% | -37.5% | +14.9% | -3.8% | |
| Margin % | 13.4% | 11.6% | 8.4% | 10.4% | 10.5% | |
| EV / EBITDA | 13.5x | 13.7x | 18.0x | 15.5x | 12.8x | |
| EBIT | $1.0B | $312.0M | $-85.0M | $67.0M | $39.0M | |
| YoY % | +261.0% | -69.2% | -127.2% | +178.8% | -41.8% | |
| Margin % | 9.6% | 3.3% | -1.0% | 0.9% | 0.5% | |
| EV / EBIT | 18.8x | 48.3x | -145.2x | 182.0x | 248.1x | |
| Net Income | $622.0M | $197.0M | $-388.0M | $-216.0M | $-285.0M | |
| YoY % | +181.2% | -68.3% | -297.0% | +44.3% | -31.9% | |
| Net Margin | 5.9% | 2.1% | -4.8% | -2.8% | -4.0% | |
| EPS (GAAP) | $1.45 | $0.47 | -$0.94 | -$0.52 | -$0.68 | |
| YoY % | +180.1% | -67.6% | -300.0% | +44.7% | -30.8% |