STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $5.0B | $5.7B | $6.9B | $8.0B | $10.2B | |
| YoY % | — | +13.9% | +20.6% | +16.7% | +27.7% | |
| P / Sales | 1.8x | 0.9x | 2.6x | 5.5x | 6.2x | |
| EV / Sales | 2.8x | 1.8x | 3.3x | 6.2x | 6.8x | |
| Gross Profit, Adj. | $1.5B | $1.6B | $2.4B | $2.9B | $3.7B | |
| YoY % | — | +6.1% | +48.5% | +22.2% | +26.6% | |
| Margin % | 30.5% | 28.4% | 35.0% | 36.6% | 36.3% | |
| EV / Gross Profit | 9.2x | 6.4x | 9.5x | 16.8x | 18.8x | |
| EBITDA, Adj. | $500.2M | $530.2M | $1.2B | $1.7B | $2.2B | |
| YoY % | — | +6.0% | +122.2% | +40.3% | +33.4% | |
| Margin % | 10.0% | 9.3% | 17.2% | 20.6% | 21.6% | |
| EV / EBITDA | 28.1x | 19.7x | 19.4x | 29.9x | 31.7x | |
| EBIT | $263.1M | $227.1M | $878.3M | $1.4B | $1.8B | |
| YoY % | — | -13.7% | +286.7% | +56.1% | +34.4% | |
| Margin % | 5.3% | 4.0% | 12.8% | 17.1% | 18.0% | |
| EV / EBIT | 53.5x | 45.9x | 26.0x | 36.0x | 37.9x | |
| Net Income | $119.6M | $76.6M | $460.2M | $495.8M | $1.3B | |
| YoY % | — | -36.0% | +500.8% | +7.7% | +168.8% | |
| Net Margin | 2.4% | 1.3% | 6.7% | 6.2% | 13.0% | |
| EPS (GAAP) | $0.33 | -$0.04 | $1.19 | $1.28 | $3.41 | |
| YoY % | — | -112.1% | +3075.0% | +7.6% | +166.4% |