| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.0B | $1.8B | -7.5% | 1.1% |
| Op. Income | $401M | $337M | $370M | 19.0% | 8.3% |
| Gross Margin | 29.0% | 28.2% | 25.7% | 0.8pp | 3.2pp |
| Net Margin | 15.8% | 10.4% | 12.4% | 5.5pp | 3.4pp |
| EPS (Diluted) | $2.21 | $1.56 | $1.70 | 41.7% | 30.0% |
| Free Cash Flow | $278M | $498M | $275M | -44.3% | 0.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $537M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $138M |
| Other Expenses | -$2M |
| Operating Expenses | $136M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $401M |
| Interest Income | $21M |
| Interest Expense | $74M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $339M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $296M |
| Net Income from Discontinued Ops | -$3M |
| Other Adjustments | $0 |
| NET INCOME | $294M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $294M |
| D&A | $149M |
| EBIT | $413M |
| EBITDA | $562M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $537M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $138M |
| Other Expenses | -$2M |
| Operating Expenses | $136M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $401M |
| Interest Income | $21M |
| Interest Expense | $74M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $339M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $296M |
| Net Income from Discontinued Ops | -$3M |
| Other Adjustments | $0 |
| NET INCOME | $294M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $294M |
| D&A | $149M |
| EBIT | $413M |
| EBITDA | $562M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $294M |
| Depreciation & Amortization | $164M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | -$291M |
| Change in Working Capital | $239M |
| OPERATING CASH FLOW | $440M |
| Capital Expenditure | -$163M |
| Acquisitions (Net) | -$2.1B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$61M |
| Other Financing Activities | $2.0B |
| NET CASH FROM FINANCING | $1.9B |
| FREE CASH FLOW | $278M |
| Net Change in Cash | $167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $560M |
| Short-Term Investments | $0 |
| Net Receivables | $892M |
| Inventory | $682M |
| Other Current Assets | $132M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $9.0B |
| Goodwill | $3.8B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $317M |
| TOTAL NON-CURRENT ASSETS | $14.8B |
| TOTAL ASSETS | $17.1B |
| Account Payables | $407M |
| Short-Term Debt | $401M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $276M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $138M |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $821M |
| TOTAL NON-CURRENT LIABILITIES | $7.7B |
| TOTAL LIABILITIES | $9.0B |
| Common Stock | $132M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $5.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$127M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.1B |
| Minority Interest | $24M |
| TOTAL EQUITY | $8.1B |
| TOTAL LIABILITIES & EQUITY | $17.1B |
| Total Debt | $5.8B |
| Net Debt | $5.3B |
