| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $5.1B | $6.0B | 16.6% | -1.8% |
| Op. Income | $731M | $604M | $744M | 21.0% | -1.8% |
| Gross Margin | 26.5% | 28.3% | 27.3% | -1.8pp | -0.8pp |
| Net Margin | 9.9% | 9.6% | 10.1% | 0.3pp | -0.2pp |
| EPS (Diluted) | $1.79 | $1.48 | $1.82 | 20.9% | -1.6% |
| Free Cash Flow | $677M | $333M | $726M | 103.2% | -6.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $838M |
| Other Expenses | $0 |
| Operating Expenses | $838M |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $731M |
| Interest Income | $54M |
| Interest Expense | $14M |
| Other Income/Expenses | $40M |
| INCOME BEFORE TAX | $771M |
| Income Tax Expense | $184M |
| Net Income from Continuing Ops | $587M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $587M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $587M |
| D&A | $117M |
| EBIT | $785M |
| EBITDA | $902M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $838M |
| Other Expenses | $0 |
| Operating Expenses | $838M |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $731M |
| Interest Income | $54M |
| Interest Expense | $14M |
| Other Income/Expenses | $40M |
| INCOME BEFORE TAX | $771M |
| Income Tax Expense | $184M |
| Net Income from Continuing Ops | $587M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $587M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $587M |
| D&A | $117M |
| EBIT | $785M |
| EBITDA | $902M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $587M |
| Depreciation & Amortization | $117M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$62M |
| Change in Working Capital | $211M |
| OPERATING CASH FLOW | $883M |
| Capital Expenditure | -$206M |
| Acquisitions (Net) | $83M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$263M |
| Common Dividends Paid | -$121M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$377M |
| FREE CASH FLOW | $677M |
| Net Change in Cash | $382M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $0 |
| Net Receivables | $144M |
| Inventory | $2.4B |
| Other Current Assets | $219M |
| TOTAL CURRENT ASSETS | $7.5B |
| PP&E (Net) | $7.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $279M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $14.9B |
| Account Payables | $2.1B |
| Short-Term Debt | $700M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $187M |
| Other Non-Current Liabilities | $268M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $4.1B |
| Treasury Stock | -$719M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $14.9B |
| Total Debt | $5.7B |
| Net Debt | $952M |
