| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.1B | $3.1B | -0.9% | -1.6% |
| Op. Income | $1.1B | $1.3B | $795M | -13.0% | 37.5% |
| Gross Margin | 36.1% | 41.2% | 25.9% | -5.0pp | 10.3pp |
| Net Margin | 24.2% | 36.0% | 17.1% | -11.8pp | 7.1pp |
| EPS (Diluted) | $3.23 | $4.85 | $2.33 | -33.4% | 38.6% |
| Free Cash Flow | $276M | $645M | -$180M | -57.2% | 253.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $199M |
| Other Income/Expenses | -$165M |
| INCOME BEFORE TAX | $928M |
| Income Tax Expense | $195M |
| Net Income from Continuing Ops | $733M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $733M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $732M |
| D&A | $342M |
| EBIT | $1.1B |
| EBITDA | $1.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $199M |
| Other Income/Expenses | -$165M |
| INCOME BEFORE TAX | $928M |
| Income Tax Expense | $195M |
| Net Income from Continuing Ops | $733M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $733M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $732M |
| D&A | $342M |
| EBIT | $1.1B |
| EBITDA | $1.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $735M |
| Depreciation & Amortization | $342M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | -$112M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | $951M |
| Capital Expenditure | -$675M |
| Acquisitions (Net) | -$70M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $656M |
| Other Investing Activities | $101M |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $11M |
| Common Dividends Paid | -$306M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$296M |
| FREE CASH FLOW | $276M |
| Net Change in Cash | $666M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $277M |
| Other Current Assets | $201M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $35.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $40.5B |
| TOTAL ASSETS | $43.7B |
| Account Payables | $985M |
| Short-Term Debt | $555M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $16.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.4B |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $25.8B |
| TOTAL LIABILITIES | $29.4B |
| Common Stock | $228M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $12.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$262M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.3B |
| TOTAL LIABILITIES & EQUITY | $43.7B |
| Total Debt | $17.5B |
| Net Debt | $15.8B |
