| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.7B | $13.9B | $14.0B | 5.3% | 5.2% |
| Op. Income | $309M | $302M | $330M | 2.6% | -6.4% |
| Gross Margin | 5.9% | 6.2% | 6.3% | -0.3pp | -0.4pp |
| Net Margin | 1.2% | 1.0% | 1.0% | 0.2pp | 0.2pp |
| EPS (Diluted) | $2.08 | $1.66 | $1.49 | 25.3% | 39.6% |
| Free Cash Flow | $339M | -$153M | $552M | 322.0% | -38.7% |
| Item | Amount |
|---|---|
| REVENUE | $14.7B |
| Cost of Revenue | $13.8B |
| GROSS PROFIT | $869M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $559M |
| Other Expenses | $0 |
| Operating Expenses | $559M |
| Cost & Expenses | $14.4B |
| OPERATING INCOME | $309M |
| Interest Income | $0 |
| Interest Expense | $84M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | $221M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $179M |
| Net Income Deductions | -$7.0K |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $98M |
| EBIT | $304M |
| EBITDA | $403M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $14.7B |
| Cost of Revenue | $13.8B |
| GROSS PROFIT | $869M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $559M |
| Other Expenses | $0 |
| Operating Expenses | $559M |
| Cost & Expenses | $14.4B |
| OPERATING INCOME | $309M |
| Interest Income | $0 |
| Interest Expense | $84M |
| Other Income/Expenses | -$88M |
| INCOME BEFORE TAX | $221M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $179M |
| Net Income Deductions | -$7.0K |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $98M |
| EBIT | $304M |
| EBITDA | $403M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $179M |
| Depreciation & Amortization | $98M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $406.0K |
| Change in Working Capital | $92M |
| OPERATING CASH FLOW | $386M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | -$550M |
| Common Stock Repurchased | -$58M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$638M |
| FREE CASH FLOW | $339M |
| Net Change in Cash | -$320M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $854M |
| Short-Term Investments | $0 |
| Net Receivables | $10.9B |
| Inventory | $7.7B |
| Other Current Assets | $634M |
| TOTAL CURRENT ASSETS | $20.1B |
| PP&E (Net) | $477M |
| Goodwill | $4.0B |
| Intangible Assets | $4.1B |
| Long-Term Investments | $40.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $654M |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $29.2B |
| Account Payables | $13.9B |
| Short-Term Debt | $314M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16.0B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $867M |
| Other Non-Current Liabilities | $450M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $21.0B |
| Common Stock | $99.0K |
| Additional Paid-In Capital | $7.5B |
| Retained Earnings | $2.6B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$452M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.2B |
| TOTAL LIABILITIES & EQUITY | $29.2B |
| Total Debt | $4.1B |
| Net Debt | $3.2B |
