| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.1B | — | 1.4% | — |
| Op. Income | $516M | $475M | — | 8.6% | — |
| Gross Margin | 18.2% | 17.1% | — | 1.1pp | — |
| Net Margin | 8.7% | 7.8% | — | 0.9pp | — |
| EPS (Diluted) | $2.68 | $2.37 | — | 13.1% | — |
| Free Cash Flow | $696M | $351M | — | 98.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $762M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $247M |
| Other Expenses | -$1M |
| Operating Expenses | $246M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $516M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $470M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $364M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $364M |
| D&A | $71M |
| EBIT | $516M |
| EBITDA | $587M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $762M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $247M |
| Other Expenses | -$1M |
| Operating Expenses | $246M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $516M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $470M |
| Income Tax Expense | $108M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $364M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $364M |
| D&A | $71M |
| EBIT | $516M |
| EBITDA | $587M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $364M |
| Depreciation & Amortization | $71M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $224M |
| OPERATING CASH FLOW | $656M |
| Capital Expenditure | $40M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$61M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$203M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$257M |
| FREE CASH FLOW | $696M |
| Net Change in Cash | $385M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $2.7B |
| Inventory | $323M |
| Other Current Assets | $451M |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $1.5B |
| Goodwill | $6.1B |
| Intangible Assets | $558M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $541M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $13.3B |
| Account Payables | $2.3B |
| Short-Term Debt | $592M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $341M |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $53M |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $5.1B |
| Net Debt | $4.0B |
