| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.2B | $3.1B | 1.0% | 3.6% |
| Op. Income | $1.2B | $1.2B | $1.1B | -1.1% | 4.1% |
| Gross Margin | 40.4% | 41.5% | 40.2% | -1.2pp | 0.1pp |
| Net Margin | 26.4% | 26.3% | 26.0% | 0.1pp | 0.4pp |
| EPS (Diluted) | $1.35 | $1.33 | $1.26 | 1.6% | 7.6% |
| Free Cash Flow | $471M | $768M | $395M | -38.6% | 19.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $122M |
| Operating Expenses | $122M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $170M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $267M |
| Net Income from Continuing Ops | $848M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $848M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $848M |
| D&A | $360M |
| EBIT | $1.3B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $122M |
| Operating Expenses | $122M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $1.2B |
| Interest Income | $0 |
| Interest Expense | $170M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $267M |
| Net Income from Continuing Ops | $848M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $848M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $848M |
| D&A | $360M |
| EBIT | $1.3B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $848M |
| Depreciation & Amortization | $360M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$41M |
| Change in Working Capital | -$333M |
| OPERATING CASH FLOW | $851M |
| Capital Expenditure | -$379M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$393M |
| Net Debt Issuance | -$94M |
| Common Stock Repurchased | -$118M |
| Common Dividends Paid | -$407M |
| Other Financing Activities | $48M |
| NET CASH FROM FINANCING | -$572M |
| FREE CASH FLOW | $471M |
| Net Change in Cash | -$115M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $0 |
| Net Receivables | $919M |
| Inventory | $591M |
| Other Current Assets | $276M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $35.7B |
| Goodwill | $0 |
| Intangible Assets | $359M |
| Long-Term Investments | $0 |
| Tax Assets | $495M |
| Other Non-Current Assets | $3.4B |
| TOTAL NON-CURRENT ASSETS | $40.0B |
| TOTAL ASSETS | $41.9B |
| Account Payables | $1.8B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $13.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.0B |
| Other Non-Current Liabilities | $840M |
| TOTAL NON-CURRENT LIABILITIES | $23.0B |
| TOTAL LIABILITIES | $26.1B |
| Common Stock | $2.6B |
| Additional Paid-In Capital | $267M |
| Retained Earnings | $13.8B |
| Treasury Stock | -$95M |
| Accum. Other Comp. Income | -$736M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.8B |
| TOTAL LIABILITIES & EQUITY | $41.9B |
| Total Debt | $15.4B |
| Net Debt | $15.3B |
