| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | — | $2.2B | — | 3.0% |
| Op. Income | $591M | — | $341M | — | 73.1% |
| Gross Margin | 44.6% | — | 40.7% | — | 3.9pp |
| Net Margin | 19.9% | — | 9.9% | — | 10.0pp |
| EPS (Diluted) | $1.43 | — | $0.69 | — | 107.2% |
| Free Cash Flow | -$265M | — | -$283M | — | 6.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $428M |
| Operating Expenses | $428M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $591M |
| Interest Income | $0 |
| Interest Expense | $201M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $514M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $453M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $454M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $454M |
| D&A | $344M |
| EBIT | $733M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $428M |
| Operating Expenses | $428M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $591M |
| Interest Income | $0 |
| Interest Expense | $201M |
| Other Income/Expenses | -$77M |
| INCOME BEFORE TAX | $514M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $453M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $454M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $454M |
| D&A | $344M |
| EBIT | $733M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $453M |
| Depreciation & Amortization | $344M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $161M |
| Other Non-Cash Items | -$71M |
| Change in Working Capital | -$305M |
| OPERATING CASH FLOW | $582M |
| Capital Expenditure | -$846M |
| Acquisitions (Net) | -$896M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $1.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$265M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $849M |
| FREE CASH FLOW | -$265M |
| Net Change in Cash | -$319M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $813M |
| Other Current Assets | $122M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $34.6B |
| Goodwill | $3.1B |
| Intangible Assets | $35M |
| Long-Term Investments | $2.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $44.5B |
| TOTAL ASSETS | $47.4B |
| Account Payables | $1.1B |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $859M |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $17.2B |
| Deferred Revenue NC | $335M |
| Deferred Tax Liabilities | $5.5B |
| Other Non-Current Liabilities | $6.4B |
| TOTAL NON-CURRENT LIABILITIES | $29.7B |
| TOTAL LIABILITIES | $34.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $8.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.4B |
| Minority Interest | $377M |
| TOTAL EQUITY | $12.8B |
| TOTAL LIABILITIES & EQUITY | $47.4B |
| Total Debt | $20.3B |
| Net Debt | $20.3B |
