| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.3B | $17.6B | $15.2B | -13.0% | 0.8% |
| Op. Income | $1.7B | $2.3B | $1.3B | -25.9% | 31.7% |
| Gross Margin | 10.8% | 15.9% | 12.8% | -5.1pp | -1.9pp |
| Net Margin | 4.5% | 7.1% | 5.5% | -2.6pp | -1.0pp |
| EPS (Diluted) | $0.53 | $0.97 | $0.65 | -45.1% | -17.6% |
| Free Cash Flow | -$625M | $1.3B | -$1.0B | -149.4% | 38.1% |
| Item | Amount |
|---|---|
| REVENUE | $15.3B |
| Cost of Revenue | $13.7B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $400M |
| SG&A Expenses | $406M |
| Other Expenses | -$444M |
| Operating Expenses | -$38M |
| Cost & Expenses | $13.6B |
| OPERATING INCOME | $1.7B |
| Interest Income | $97M |
| Interest Expense | $838M |
| Other Income/Expenses | -$893M |
| INCOME BEFORE TAX | $805M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $697M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$77.0K |
| NET INCOME | $686M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $686M |
| D&A | $2.3B |
| EBIT | $1.6B |
| EBITDA | $3.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15.3B |
| Cost of Revenue | $13.7B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $400M |
| SG&A Expenses | $406M |
| Other Expenses | -$444M |
| Operating Expenses | -$38M |
| Cost & Expenses | $13.6B |
| OPERATING INCOME | $1.7B |
| Interest Income | $97M |
| Interest Expense | $838M |
| Other Income/Expenses | -$893M |
| INCOME BEFORE TAX | $805M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $697M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$77.0K |
| NET INCOME | $686M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $686M |
| D&A | $2.3B |
| EBIT | $1.6B |
| EBITDA | $3.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $686M |
| Depreciation & Amortization | $2.3B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $914M |
| Change in Working Capital | -$1.9B |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$2.7B |
| Acquisitions (Net) | -$60M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $976M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$29M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | -$625M |
| Net Change in Cash | -$865M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $1.8B |
| Net Receivables | $8.1B |
| Inventory | $6.6B |
| Other Current Assets | $794M |
| TOTAL CURRENT ASSETS | $19.7B |
| PP&E (Net) | $123.9B |
| Goodwill | $67M |
| Intangible Assets | $300M |
| Long-Term Investments | $9.5B |
| Tax Assets | $9.1B |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $146.9B |
| TOTAL ASSETS | $166.6B |
| Account Payables | $3.0B |
| Short-Term Debt | $11.8B |
| Deferred Revenue | $549M |
| Other Current Liabilities | $23.6B |
| TOTAL CURRENT LIABILITIES | $43.2B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $8.7B |
| Deferred Tax Liabilities | $4.0B |
| Other Non-Current Liabilities | $78.6B |
| TOTAL NON-CURRENT LIABILITIES | $95.5B |
| TOTAL LIABILITIES | $138.7B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $13.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $961M |
| Other Equity | $8.6B |
| TOTAL STOCKHOLDERS' EQUITY | $26.9B |
| Minority Interest | $977M |
| TOTAL EQUITY | $27.9B |
| TOTAL LIABILITIES & EQUITY | $166.6B |
| Total Debt | $16.4B |
| Net Debt | $14.8B |
