STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $910.9M | $1.3B | $1.5B | $1.6B | $1.7B | |
| YoY % | — | +40.7% | +19.4% | +2.4% | +8.3% | |
| P / Sales | 5.0x | 2.6x | 3.4x | 4.2x | 4.7x | |
| EV / Sales | 5.9x | 3.4x | 4.0x | 4.7x | 5.2x | |
| Gross Profit, Adj. | $373.2M | $465.5M | $648.1M | $707.0M | $764.8M | |
| YoY % | — | +24.7% | +39.2% | +9.1% | +8.2% | |
| Margin % | 41.0% | 36.3% | 42.3% | 45.1% | 45.1% | |
| EV / Gross Profit | 14.5x | 9.5x | 9.4x | 10.4x | 11.4x | |
| EBITDA, Adj. | $188.2M | $177.0M | $306.0M | $346.4M | $377.2M | |
| YoY % | — | -6.0% | +72.9% | +13.2% | +8.9% | |
| Margin % | 20.7% | 13.8% | 20.0% | 22.1% | 22.2% | |
| EV / EBITDA | 28.7x | 24.9x | 19.9x | 21.3x | 23.2x | |
| EBIT | $107.0M | $107.1M | $202.8M | $244.6M | $278.9M | |
| YoY % | — | +0.1% | +89.4% | +20.6% | +14.0% | |
| Margin % | 11.7% | 8.4% | 13.3% | 15.6% | 16.4% | |
| EV / EBIT | 50.5x | 41.1x | 30.0x | 30.2x | 31.3x | |
| Net Income | $120.9M | $61.7M | $112.7M | $160.2M | $198.0M | |
| YoY % | — | -49.0% | +82.7% | +42.1% | +23.6% | |
| Net Margin | 13.3% | 4.8% | 7.4% | 10.2% | 11.7% | |
| EPS (GAAP) | $0.97 | $0.40 | $0.64 | $0.92 | $1.15 | |
| YoY % | — | -58.8% | +60.0% | +43.8% | +25.0% |