| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | $4.6B | $5.4B | 18.6% | 2.5% |
| Op. Income | $1.4B | $876M | $1.4B | 62.0% | 4.1% |
| Gross Margin | 33.3% | 27.4% | 32.8% | 5.9pp | 0.4pp |
| Net Margin | 17.5% | 7.4% | 17.8% | 10.1pp | -0.3pp |
| EPS (Diluted) | $1.80 | $0.64 | $1.83 | 181.3% | -1.6% |
| Free Cash Flow | $294M | -$131M | $90M | 324.8% | 227.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $407M |
| Operating Expenses | $407M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $1.4B |
| Interest Income | $0 |
| Interest Expense | $490M |
| Other Income/Expenses | -$421M |
| INCOME BEFORE TAX | $999M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $962M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $960M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $960M |
| D&A | $853M |
| EBIT | $1.5B |
| EBITDA | $2.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $407M |
| Operating Expenses | $407M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $1.4B |
| Interest Income | $0 |
| Interest Expense | $490M |
| Other Income/Expenses | -$421M |
| INCOME BEFORE TAX | $999M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $962M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $960M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $960M |
| D&A | $853M |
| EBIT | $1.5B |
| EBITDA | $2.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $962M |
| Depreciation & Amortization | $853M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $146M |
| Other Non-Cash Items | -$504M |
| Change in Working Capital | $717M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$1.9B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$1.5B |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$152M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$544M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$602M |
| FREE CASH FLOW | $294M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $246M |
| Short-Term Investments | $229M |
| Net Receivables | $2.6B |
| Inventory | $1.7B |
| Other Current Assets | $815M |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $80.6B |
| Goodwill | $53M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.7B |
| TOTAL NON-CURRENT ASSETS | $94.1B |
| TOTAL ASSETS | $100.1B |
| Account Payables | $2.3B |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $411M |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $10.6B |
| Long-Term Debt | $39.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.0B |
| Other Non-Current Liabilities | $13.2B |
| TOTAL NON-CURRENT LIABILITIES | $62.8B |
| TOTAL LIABILITIES | $73.4B |
| Common Stock | $3.5B |
| Additional Paid-In Capital | $9.5B |
| Retained Earnings | $13.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$87M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.6B |
| Minority Interest | $41M |
| TOTAL EQUITY | $26.7B |
| TOTAL LIABILITIES & EQUITY | $100.1B |
| Total Debt | $44.2B |
| Net Debt | $44.0B |
