STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $4.6B | $4.6B | $4.7B | $4.5B | $4.8B | |
| YoY % | +1.3% | +0.3% | +0.6% | -4.7% | +7.9% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $2.3B | $2.2B | $2.3B | $2.3B | $2.5B | |
| YoY % | +3.5% | -4.4% | +7.6% | -2.7% | +10.1% | |
| Margin % | 49.0% | 46.7% | 49.9% | 51.0% | 52.0% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $712.5M | $707.7M | $767.6M | $781.8M | $757.1M | |
| YoY % | -2.9% | -0.7% | +8.5% | +1.8% | -3.2% | |
| Margin % | 15.4% | 15.2% | 16.4% | 17.5% | 15.7% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $160.9M | $326.6M | $653.0M | $685.1M | $684.5M | |
| YoY % | -47.6% | +103.0% | +99.9% | +4.9% | -0.1% | |
| Margin % | 3.5% | 7.0% | 14.0% | 15.4% | 14.2% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $239.3M | $292.8M | $481.2M | $544.6M | $450.5M | |
| YoY % | -42.7% | +22.3% | +64.4% | +13.2% | -17.3% | |
| Net Margin | 5.2% | 6.3% | 10.3% | 12.2% | 9.4% | |
| EPS (GAAP) | $0.32 | $0.39 | $0.67 | $0.80 | $0.68 | |
| YoY % | -41.8% | +21.9% | +71.8% | +19.4% | -15.0% |