| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.9B | $3.7B | -6.1% | -0.1% |
| Op. Income | $483M | $654M | $460M | -26.1% | 5.0% |
| Gross Margin | 56.5% | 58.5% | 55.7% | -2.0pp | 0.8pp |
| Net Margin | 8.0% | 9.8% | 8.9% | -1.8pp | -0.9pp |
| EPS (Diluted) | $0.15 | $0.20 | $0.17 | -25.0% | -11.8% |
| Free Cash Flow | $661M | $190M | $727M | 247.9% | -9.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $62M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $483M |
| Interest Income | $0 |
| Interest Expense | $148M |
| Other Income/Expenses | -$137M |
| INCOME BEFORE TAX | $346M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $293M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $293M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $293M |
| D&A | $150M |
| EBIT | $494M |
| EBITDA | $644M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $62M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $483M |
| Interest Income | $0 |
| Interest Expense | $148M |
| Other Income/Expenses | -$137M |
| INCOME BEFORE TAX | $346M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $293M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $293M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $293M |
| D&A | $150M |
| EBIT | $494M |
| EBITDA | $644M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $293M |
| Depreciation & Amortization | $148M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | -$40M |
| Other Non-Cash Items | $76M |
| Change in Working Capital | $262M |
| OPERATING CASH FLOW | $793M |
| Capital Expenditure | -$132M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$132M |
| Net Debt Issuance | -$108M |
| Common Stock Repurchased | -$121M |
| Common Dividends Paid | -$393M |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | -$587M |
| FREE CASH FLOW | $661M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.7B |
| Inventory | $1.6B |
| Other Current Assets | $205M |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $1.8B |
| Goodwill | $8.8B |
| Intangible Assets | $8.5B |
| Long-Term Investments | $0 |
| Tax Assets | $184M |
| Other Non-Current Assets | $726M |
| TOTAL NON-CURRENT ASSETS | $20.1B |
| TOTAL ASSETS | $25.6B |
| Account Payables | $2.3B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $325M |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $802M |
| TOTAL NON-CURRENT LIABILITIES | $10.2B |
| TOTAL LIABILITIES | $15.9B |
| Common Stock | $19M |
| Additional Paid-In Capital | $16.1B |
| Retained Earnings | -$93M |
| Treasury Stock | -$242M |
| Accum. Other Comp. Income | -$6.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.7B |
| TOTAL LIABILITIES & EQUITY | $25.6B |
| Total Debt | $8.7B |
| Net Debt | $7.6B |
