| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.9B | $13.8B | $14.6B | 7.9% | 1.9% |
| Op. Income | $262M | $169M | $153M | 55.1% | 71.3% |
| Gross Margin | 11.2% | 11.0% | 10.2% | 0.2pp | 1.0pp |
| Net Margin | 1.0% | 0.6% | 0.5% | 0.4pp | 0.5pp |
| EPS (Diluted) | $0.96 | $0.51 | $0.49 | 88.2% | 95.9% |
| Free Cash Flow | $82M | $154M | -$189M | -46.4% | 143.6% |
| Item | Amount |
|---|---|
| REVENUE | $14.9B |
| Cost of Revenue | $13.2B |
| 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 | $14.6B |
| OPERATING INCOME | $262M |
| Interest Income | $0 |
| Interest Expense | $56M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $206M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $128M |
| EBIT | $262M |
| EBITDA | $390M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14.9B |
| Cost of Revenue | $13.2B |
| 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 | $14.6B |
| OPERATING INCOME | $262M |
| Interest Income | $0 |
| Interest Expense | $56M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $206M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $128M |
| EBIT | $262M |
| EBITDA | $390M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $128M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$108M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$93M |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | -$98M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $82M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $3.4B |
| Other Current Assets | $228M |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $3.0B |
| Goodwill | $2.3B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $131M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $12.5B |
| Account Payables | $2.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $446M |
| Other Non-Current Liabilities | $218M |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $867M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $4.7B |
| Net Debt | $4.7B |
