| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $6.2B | $5.3B | -14.0% | 0.9% |
| Op. Income | $674M | $1.1B | $675M | -40.5% | -0.2% |
| Gross Margin | 48.6% | 49.1% | 48.5% | -0.6pp | 0.1pp |
| Net Margin | 9.1% | 13.1% | 6.8% | -4.0pp | 2.3pp |
| EPS (Diluted) | $1.90 | $3.18 | $1.39 | -40.3% | 36.7% |
| Free Cash Flow | $635M | $839M | $599M | -24.4% | 5.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.9B |
| SG&A Expenses | $1.9B |
| Other Expenses | $6M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $674M |
| Interest Income | $1M |
| Interest Expense | $103M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $616M |
| Income Tax Expense | $136M |
| Net Income from Continuing Ops | $480M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $480M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $480M |
| D&A | $162M |
| EBIT | $714M |
| EBITDA | $876M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.9B |
| SG&A Expenses | $1.9B |
| Other Expenses | $6M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $674M |
| Interest Income | $1M |
| Interest Expense | $103M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $616M |
| Income Tax Expense | $136M |
| Net Income from Continuing Ops | $480M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $480M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $480M |
| D&A | $162M |
| EBIT | $714M |
| EBITDA | $876M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $480M |
| Depreciation & Amortization | $162M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $242M |
| OPERATING CASH FLOW | $935M |
| Capital Expenditure | -$300M |
| Acquisitions (Net) | -$79M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $93M |
| NET CASH FROM INVESTING | -$286M |
| Net Debt Issuance | -$221M |
| Common Stock Repurchased | -$310M |
| Common Dividends Paid | -$180M |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | -$671M |
| FREE CASH FLOW | $635M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $210M |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $2.3B |
| Other Current Assets | $514M |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $5.5B |
| Goodwill | $7.6B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $18.2B |
| TOTAL ASSETS | $23.6B |
| Account Payables | $2.3B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $8.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $608M |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $12.8B |
| TOTAL LIABILITIES | $19.6B |
| Common Stock | $93M |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | $7.2B |
| Treasury Stock | -$7.0B |
| Accum. Other Comp. Income | -$875M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $23.6B |
| Total Debt | $11.9B |
| Net Debt | $11.7B |
