STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.3B | $1.8B | $1.8B | $1.8B | $1.8B | |
| YoY % | +33.6% | -18.6% | -4.2% | -0.3% | +0.1% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $1.9B | $1.4B | $1.4B | $1.4B | $1.3B | |
| YoY % | +33.5% | -22.5% | -3.5% | -0.0% | -3.6% | |
| Margin % | 82.1% | 78.2% | 78.7% | 78.9% | 76.0% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $752.4M | $545.3M | $531.4M | $552.5M | $523.9M | |
| YoY % | +38.6% | -27.5% | -2.5% | +4.0% | -5.2% | |
| Margin % | 33.3% | 29.7% | 30.2% | 31.5% | 29.8% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $697.4M | $480.5M | $472.9M | $494.3M | $464.8M | |
| YoY % | +136.6% | -31.1% | -1.6% | +4.5% | -6.0% | |
| Margin % | 30.9% | 26.2% | 26.9% | 28.2% | 26.5% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $428.3M | $85.6M | $342.6M | $300.8M | $449.0M | |
| YoY % | +36.7% | -80.0% | +300.4% | -12.2% | +49.3% | |
| Net Margin | 19.0% | 4.7% | 19.5% | 17.1% | 25.6% | |
| EPS (GAAP) | $1.86 | $0.36 | $1.43 | $1.16 | $1.70 | |
| YoY % | +34.8% | -80.6% | +297.2% | -18.9% | +46.6% |