STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.3B | $2.2B | $1.9B | $2.1B | $2.1B | |
| YoY % | +24.1% | -3.2% | -13.5% | +9.5% | -1.3% | |
| P / Sales | 0.4x | 0.3x | 0.2x | 0.3x | 0.2x | |
| EV / Sales | 0.9x | 0.7x | 0.8x | 0.8x | 0.7x | |
| Gross Profit, Adj. | $580.2M | $490.4M | $245.2M | $424.5M | $295.4M | |
| YoY % | +40.8% | -15.5% | -50.0% | +73.1% | -30.4% | |
| Margin % | 25.3% | 22.1% | 12.8% | 20.2% | 14.2% | |
| EV / Gross Profit | 3.4x | 3.4x | 6.0x | 4.1x | 4.7x | |
| EBITDA, Adj. | $310.6M | $231.0M | $10.1M | $232.4M | $16.8M | |
| YoY % | +75.6% | -25.6% | -95.6% | +2201.0% | -92.8% | |
| Margin % | 13.5% | 10.4% | 0.5% | 11.0% | 0.8% | |
| EV / EBITDA | 6.3x | 7.2x | 145.8x | 7.5x | 83.2x | |
| EBIT | $251.3M | $156.1M | $-44.0M | $165.7M | $-49.6M | |
| YoY % | +131.8% | -37.9% | -128.2% | +476.6% | -129.9% | |
| Margin % | 10.9% | 7.0% | -2.3% | 7.9% | -2.4% | |
| EV / EBIT | 7.8x | 10.7x | -33.5x | 10.5x | -28.2x | |
| Net Income | $127.2M | $87.2M | $-9.9M | $108.0M | $-57.6M | |
| YoY % | +130.4% | -31.4% | -111.4% | +1190.9% | -153.3% | |
| Net Margin | 5.5% | 3.9% | -0.5% | 5.1% | -2.8% | |
| EPS (GAAP) | $4.46 | $3.06 | -$0.35 | $3.79 | -$2.02 | |
| YoY % | +129.9% | -31.4% | -111.4% | +1182.9% | -153.3% |