| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.6B | $7.4B | $7.3B | 2.6% | 3.5% |
| Op. Income | $333M | $203M | $302M | 64.2% | 10.5% |
| Gross Margin | 31.0% | 30.1% | 29.8% | 0.9pp | 1.2pp |
| Net Margin | 3.1% | 1.8% | 2.9% | 1.3pp | 0.2pp |
| EPS (Diluted) | $1.08 | $0.62 | $0.97 | 74.2% | 11.3% |
| Free Cash Flow | $359M | -$196M | -$36M | 283.4% | 1111.8% |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $333M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $306M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $233M |
| D&A | $256M |
| EBIT | $333M |
| EBITDA | $589M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $333M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $306M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $233M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $233M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $233M |
| D&A | $256M |
| EBIT | $333M |
| EBITDA | $589M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $233M |
| Depreciation & Amortization | $256M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $50M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $215M |
| OPERATING CASH FLOW | $786M |
| Capital Expenditure | -$426M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$409M |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | -$300.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$248M |
| FREE CASH FLOW | $359M |
| Net Change in Cash | $128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $698M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $5.5B |
| Other Current Assets | $399M |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $13.4B |
| Goodwill | $913M |
| Intangible Assets | $2.1B |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $236M |
| TOTAL NON-CURRENT ASSETS | $16.7B |
| TOTAL ASSETS | $23.3B |
| Account Payables | $2.9B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $921M |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $965M |
| Other Non-Current Liabilities | $309M |
| TOTAL NON-CURRENT LIABILITIES | $9.3B |
| TOTAL LIABILITIES | $15.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $51M |
| Retained Earnings | $7.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.6B |
| TOTAL LIABILITIES & EQUITY | $23.3B |
| Total Debt | $10.5B |
| Net Debt | $9.9B |
