| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.9B | $14.9B | $14.7B | 0.5% | 1.5% |
| Op. Income | $216M | $262M | $191M | -17.4% | 13.1% |
| Gross Margin | 11.1% | 11.2% | 10.7% | -0.1pp | 0.4pp |
| Net Margin | 0.8% | 1.0% | 0.7% | -0.2pp | 0.2pp |
| EPS (Diluted) | $0.77 | $0.96 | $0.62 | -19.8% | 24.2% |
| Free Cash Flow | $34M | $82M | $276M | -58.9% | -87.7% |
| Item | Amount |
|---|---|
| REVENUE | $14.9B |
| Cost of Revenue | $13.3B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.4B |
| Operating Expenses | $1.4B |
| Cost & Expenses | $14.7B |
| OPERATING INCOME | $216M |
| Interest Income | $0 |
| Interest Expense | $56M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $163M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $129M |
| EBIT | $219M |
| EBITDA | $349M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14.9B |
| Cost of Revenue | $13.3B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.4B |
| Operating Expenses | $1.4B |
| Cost & Expenses | $14.7B |
| OPERATING INCOME | $216M |
| Interest Income | $0 |
| Interest Expense | $56M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $163M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $129M |
| EBIT | $219M |
| EBITDA | $349M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $129M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$186M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | -$215M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $900.0K |
| NET CASH FROM INVESTING | -$267M |
| Net Debt Issuance | $221M |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $900.0K |
| NET CASH FROM FINANCING | $175M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $3.5B |
| Other Current Assets | $244M |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $3.1B |
| Goodwill | $2.4B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $143M |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $12.9B |
| Account Payables | $2.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $462M |
| Other Non-Current Liabilities | $239M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $9.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $988M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $5.1B |
| Net Debt | $5.1B |
