| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.8B | $18.6B | $18.6B | 1.2% | 1.2% |
| Op. Income | $519M | $292M | $566M | 77.6% | -8.4% |
| Gross Margin | 27.9% | 27.6% | 28.0% | 0.3pp | -0.1pp |
| Net Margin | 2.1% | 0.8% | 1.9% | 1.3pp | 0.2pp |
| EPS (Diluted) | $0.69 | $0.25 | $0.62 | 176.0% | 11.3% |
| Free Cash Flow | $54M | $4M | -$68M | 1274.4% | 179.1% |
| Item | Amount |
|---|---|
| REVENUE | $18.8B |
| Cost of Revenue | $13.5B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.7B |
| Other Expenses | $10M |
| Operating Expenses | $4.7B |
| Cost & Expenses | $18.3B |
| OPERATING INCOME | $519M |
| Interest Income | $0 |
| Interest Expense | $109M |
| Other Income/Expenses | -$103M |
| INCOME BEFORE TAX | $415M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $401M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $401M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $401M |
| D&A | $581M |
| EBIT | $524M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18.8B |
| Cost of Revenue | $13.5B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.7B |
| Other Expenses | $10M |
| Operating Expenses | $4.7B |
| Cost & Expenses | $18.3B |
| OPERATING INCOME | $519M |
| Interest Income | $0 |
| Interest Expense | $109M |
| Other Income/Expenses | -$103M |
| INCOME BEFORE TAX | $415M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $401M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $401M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $401M |
| D&A | $581M |
| EBIT | $524M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $401M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$96M |
| Other Non-Cash Items | $538M |
| Change in Working Capital | -$331M |
| OPERATING CASH FLOW | $548M |
| Capital Expenditure | -$494M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$491M |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | -$500.0K |
| Common Dividends Paid | -$70M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$135M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | -$78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $207M |
| Short-Term Investments | $18M |
| Net Receivables | $929M |
| Inventory | $5.1B |
| Other Current Assets | $375M |
| TOTAL CURRENT ASSETS | $6.7B |
| PP&E (Net) | $15.7B |
| Goodwill | $1.2B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $115M |
| Tax Assets | $0 |
| Other Non-Current Assets | $607M |
| TOTAL NON-CURRENT ASSETS | $20.0B |
| TOTAL ASSETS | $26.7B |
| Account Payables | $4.0B |
| Short-Term Debt | $748M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $7.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $729M |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $16.1B |
| TOTAL LIABILITIES | $23.3B |
| Common Stock | $6M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$304M |
| Accum. Other Comp. Income | $91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $26.7B |
| Total Debt | $14.2B |
| Net Debt | $14.0B |
