Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 5.1B | 4.8B | 4.1B | 3.8B | 3.8B |
| Operating Revenue | 8.4B | 7.5B | 4.1B | 3.7B | 3.7B |
| Cost Of Revenue | 2.0B | 1.9B | 1.6B | 1.5B | 1.5B |
| Gross Profit | 3.1B | 2.9B | 2.5B | 2.2B | 2.3B |
| Selling General And Administration | 2.2B | 2.1B | 1.7B | 1.5B | 1.4B |
| Research And Development | 371.0M | 343.0M | 324.0M | 307.0M | 271.0M |
| Depreciation And Amortization In Income Statement | 258.0M | 288.0M | 240.0M | 244.0M | 292.0M |
| Operating Expense | 2.9B | 2.7B | 2.3B | 2.0B | 2.0B |
| Operating Income | 188.0M | 206.0M | 204.0M | 220.0M | 346.0M |
| EBIT | 104.0M | 165.0M | 117.0M | 219.0M | 318.0M |
| Interest Expense | 421.0M | 399.0M | 283.0M | 146.0M | 0.00 |
| Interest Expense Non Operating | 421.0M | 399.0M | 283.0M | 146.0M | 0.00 |
| Interest Income | 12.0M | 15.0M | 15.0M | 6.0M | 0.00 |
| Interest Income Non Operating | 12.0M | 15.0M | 15.0M | 6.0M | 0.00 |
| Net Interest Income | -409.0M | -384.0M | -268.0M | -140.0M | 0.00 |
| Other Income Expense | -96.0M | -56.0M | -102.0M | -7.0M | -28.0M |
| Other Non Operating Income Expenses | -- | -- | -- | -1.0M | 1.0M |
| Special Income Charges | -81.0M | -44.0M | -74.0M | -13.0M | -18.0M |
| Restructuring And Mergern Acquisition | 38.0M | 21.0M | 71.0M | 10.0M | 2.0M |
| Write Off | -- | -- | -- | -- | 12.0M |
| Gain On Sale Of Security | -15.0M | -12.0M | -28.0M | 6.0M | -11.0M |
| Pretax Income | -317.0M | -234.0M | -166.0M | 73.0M | 318.0M |
| Tax Provision | 35.0M | 71.0M | 82.0M | 58.0M | 125.0M |
| Tax Effect Of Unusual Items | -14.4M | -8.4M | -40.8M | -1.8M | -11.4M |
| Net Income From Continuing And Discontinued Operation | -360.0M | -317.0M | -260.0M | 6.0M | 182.0M |
| Net Income From Continuing Operation Net Minority Interest | -360.0M | -317.0M | -260.0M | 6.0M | 182.0M |
| Net Income Including Noncontrolling Interests | -352.0M | -305.0M | -248.0M | 15.0M | 193.0M |
| Minority Interests | -8.0M | -12.0M | -12.0M | -9.0M | -11.0M |
| Net Income Common Stockholders | -360.0M | -317.0M | -260.0M | 6.0M | 182.0M |
| Net Income | -360.0M | -317.0M | -260.0M | 6.0M | 182.0M |
| EBITDA | 525.0M | 601.0M | 499.0M | 598.0M | 733.0M |
| Normalized EBITDA | 621.0M | 657.0M | 601.0M | 605.0M | 762.0M |
| Reconciled Depreciation | 421.0M | 436.0M | 382.0M | 379.0M | 415.0M |
| Basic EPS | -- | -0.90 | -0.74 | 0.02 | 0.52 |
| Diluted EPS | -- | -0.90 | -0.74 | 0.02 | 0.52 |
| Basic Average Shares | -- | 351.8M | 350.5M | 350.0M | 350.0M |
| Diluted Average Shares | -- | 351.8M | 350.5M | 350.0M | 350.0M |
| Total Unusual Items | -96.0M | -56.0M | -102.0M | -7.0M | -29.0M |
| Total Unusual Items Excluding Goodwill | -96.0M | -56.0M | -102.0M | -7.0M | -29.0M |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.40 | 0.26 | 0.39 |
| Normalized Income | -278.4M | -269.4M | -198.8M | 11.2M | 199.6M |
| Amortization | 258.0M | 288.0M | 240.0M | 244.0M | 292.0M |
| Amortization Of Intangibles Income Statement | 258.0M | 288.0M | 240.0M | 244.0M | 292.0M |
| Depreciation Amortization Depletion Income Statement | 258.0M | 288.0M | 240.0M | 244.0M | 292.0M |
| Diluted NI Availto Com Stockholders | -360.0M | -317.0M | -260.0M | 6.0M | 182.0M |
| Gain On Sale Of Ppe | 6.0M | 5.0M | 0.00 | 0.00 | -- |
| Impairment Of Capital Assets | 0.00 | 5.0M | 0.00 | 1.0M | 12.0M |
| Net Income Continuous Operations | -352.0M | -305.0M | -248.0M | 15.0M | 193.0M |
| Net Non Operating Interest Income Expense | -409.0M | -384.0M | -268.0M | -140.0M | 0.00 |
| Other Special Charges | 49.0M | 23.0M | 3.0M | 2.0M | 4.0M |
| Reconciled Cost Of Revenue | 1.9B | 1.7B | 1.5B | 1.4B | 1.3B |
| Total Expenses | 4.9B | 4.6B | 3.9B | 3.5B | 3.4B |
| Total Operating Income As Reported | 113.0M | 162.0M | 130.0M | 207.0M | 329.0M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 383.0M | 305.0M | 331.0M | 354.0M | 174.0M |
| Cash Cash Equivalents And Short Term Investments | 383.0M | 305.0M | 331.0M | 354.0M | 174.0M |
| Accounts Receivable | 1.2B | 1.0B | 839.0M | 724.0M | 721.0M |
| Receivables | 1.2B | 1.0B | 839.0M | 724.0M | 721.0M |
| Inventory | 976.0M | 1.0B | 1.0B | 628.0M | 572.0M |
| Prepaid Assets | -- | -- | -- | 405.0M | 165.0M |
| Other Current Assets | 383.0M | 410.0M | 541.0M | 405.0M | 165.0M |
| Current Assets | 3.0B | 2.8B | 2.7B | 2.1B | 1.6B |
| Gross PPE | 3.7B | 3.2B | 3.0B | 2.8B | 2.5B |
| Accumulated Depreciation | -1.9B | -1.7B | -1.6B | -1.5B | -1.3B |
| Net PPE | 1.8B | 1.5B | 1.4B | 1.3B | 1.2B |
| Goodwill | 4.8B | 4.5B | 4.6B | 4.5B | 4.6B |
| Goodwill And Other Intangible Assets | 8.0B | 8.0B | 8.2B | 6.6B | 6.8B |
| Other Intangible Assets | 3.3B | 3.5B | 3.6B | 2.1B | 2.3B |
| Other Non Current Assets | 310.0M | 294.0M | 225.0M | 215.0M | 180.0M |
| Total Non Current Assets | 11.0B | 10.7B | 10.7B | 9.0B | 9.2B |
| Total Assets | 14.0B | 13.5B | 13.4B | 11.1B | 10.8B |
| Current Debt | 39.0M | 40.0M | 30.0M | 25.0M | 28.0M |
| Current Debt And Capital Lease Obligation | 39.0M | 40.0M | 30.0M | 25.0M | 28.0M |
| Accounts Payable | 388.0M | 389.0M | 522.0M | 370.0M | 239.0M |
| Payables | 388.0M | 389.0M | 522.0M | 370.0M | 239.0M |
| Payables And Accrued Expenses | 1.1B | 1.0B | 916.0M | 733.0M | 463.0M |
| Current Accrued Expenses | 756.0M | 652.0M | 394.0M | 363.0M | 224.0M |
| Other Current Liabilities | 487.0M | 427.0M | 400.0M | 342.0M | 316.0M |
| Current Liabilities | 1.9B | 1.7B | 1.6B | 1.3B | 1.1B |
| Long Term Debt | 5.0B | 4.7B | 4.5B | 2.4B | -- |
| Long Term Debt And Capital Lease Obligation | 5.0B | 4.7B | 4.5B | 2.4B | -- |
| Other Non Current Liabilities | 521.0M | 430.0M | 397.0M | 329.0M | 298.0M |
| Total Non Current Liabilities Net Minority Interest | 5.6B | 5.2B | 4.9B | 2.7B | 322.0M |
| Total Liabilities Net Minority Interest | 7.5B | 6.9B | 6.5B | 4.0B | 1.4B |
| Common Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Paid In Capital | 8.6B | 8.4B | 8.3B | 8.3B | 0.00 |
| Retained Earnings | -931.0M | -571.0M | -254.0M | 6.0M | 0.00 |
| Gains Losses Not Affecting Retained Earnings | -1.2B | -1.4B | -1.2B | -1.3B | -1.0B |
| Other Equity Adjustments | -1.2B | -1.4B | -1.2B | -1.3B | -1.0B |
| Common Stock Equity | 6.4B | 6.5B | 6.8B | 7.0B | 9.3B |
| Stockholders Equity | 6.4B | 6.5B | 6.8B | 7.0B | 9.3B |
| Total Equity Gross Minority Interest | 6.5B | 6.5B | 6.9B | 7.1B | 9.4B |
| Minority Interest | 71.0M | 71.0M | 70.0M | 68.0M | 73.0M |
| Total Capitalization | 11.5B | 11.2B | 11.4B | 9.4B | 9.3B |
| Net Tangible Assets | -1.6B | -1.5B | -1.3B | 468.0M | 2.5B |
| Tangible Book Value | -1.6B | -1.5B | -1.3B | 468.0M | 2.5B |
| Working Capital | 1.1B | 1.1B | 1.2B | 841.0M | 536.0M |
| Invested Capital | 11.5B | 11.3B | 11.4B | 9.5B | 9.4B |
| Total Debt | 5.1B | 4.8B | 4.6B | 2.4B | 28.0M |
| Net Debt | 4.7B | 4.5B | 4.2B | 2.1B | -- |
| Share Issued | 354.2M | 352.4M | 350.9M | 350.0M | 350.0M |
| Ordinary Shares Number | 354.2M | 352.4M | 350.9M | 350.0M | 350.0M |
| Allowance For Doubtful Accounts Receivable | -17.0M | -18.0M | -21.0M | -22.0M | -- |
| Buildings And Improvements | 743.0M | 632.0M | 624.0M | 614.0M | 484.0M |
| Construction In Progress | 525.0M | 458.0M | 347.0M | 237.0M | 527.0M |
| Current Provisions | -- | -- | -- | 85.0M | 88.0M |
| Finished Goods | 635.0M | 675.0M | 667.0M | 421.0M | 391.0M |
| Gross Accounts Receivable | 1.2B | 1.0B | 860.0M | 746.0M | -- |
| Interest Payable | 57.0M | 35.0M | -- | -- | -- |
| Land And Improvements | 47.0M | 43.0M | 45.0M | 44.0M | 46.0M |
| Leases | 400.0M | 362.0M | 347.0M | 335.0M | 232.0M |
| Line Of Credit | -- | -- | -- | 0.00 | 28.0M |
| Machinery Furniture Equipment | 1.9B | 1.7B | 1.7B | 1.6B | 1.3B |
| Non Current Deferred Assets | 934.0M | 885.0M | 921.0M | 927.0M | 933.0M |
| Non Current Deferred Liabilities | 19.0M | 13.0M | 14.0M | 7.0M | 24.0M |
| Non Current Deferred Taxes Assets | 934.0M | 885.0M | 921.0M | 927.0M | 933.0M |
| Non Current Deferred Taxes Liabilities | 19.0M | 13.0M | 14.0M | 7.0M | 24.0M |
| Other Current Borrowings | -- | -- | -- | 25.0M | -- |
| Other Equity Interest | -- | -- | -- | -- | 10.4B |
| Other Properties | -- | -- | -- | 335.0M | 232.0M |
| Pensionand Other Post Retirement Benefit Plans Current | 250.0M | 230.0M | 233.0M | 196.0M | 204.0M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 243.0M | 262.0M | 261.0M | 163.0M | 147.0M |
| Restricted Cash | 14.0M | 11.0M | 3.0M | 26.0M | 3.0M |
| Work In Process | 98.0M | 99.0M | 100.0M | 44.0M | 34.0M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 283.0M | 232.0M | -17.0M | 345.0M | 873.0M |
| Cash Flow From Continuing Operating Activities | 283.0M | 232.0M | -17.0M | 345.0M | 873.0M |
| Depreciation And Amortization | 421.0M | 436.0M | 382.0M | 379.0M | 415.0M |
| Depreciation Amortization Depletion | 421.0M | 436.0M | 382.0M | 379.0M | 415.0M |
| Stock Based Compensation | 149.0M | 92.0M | 74.0M | 62.0M | 62.0M |
| Deferred Tax | -32.0M | -10.0M | -10.0M | -90.0M | 116.0M |
| Deferred Income Tax | -32.0M | -10.0M | -10.0M | -90.0M | 116.0M |
| Change In Working Capital | 18.0M | -87.0M | -287.0M | -19.0M | 28.0M |
| Changes In Account Receivables | -148.0M | -227.0M | -121.0M | -95.0M | -107.0M |
| Change In Receivables | -148.0M | -227.0M | -121.0M | -95.0M | -107.0M |
| Change In Inventory | 38.0M | -147.0M | -264.0M | -106.0M | -15.0M |
| Change In Payables And Accrued Expense | 108.0M | 126.0M | 245.0M | 189.0M | 163.0M |
| Change In Payable | 108.0M | 126.0M | 245.0M | 189.0M | 163.0M |
| Other Non Cash Items | 56.0M | 83.0M | 52.0M | -15.0M | -2.0M |
| Capital Expenditure | -349.0M | -291.0M | -181.0M | -175.0M | -193.0M |
| Purchase Of PPE | -349.0M | -291.0M | -181.0M | -175.0M | -193.0M |
| Net PPE Purchase And Sale | -349.0M | -291.0M | -181.0M | -175.0M | -193.0M |
| Purchase Of Business | -122.0M | -138.0M | -1.9B | -45.0M | -16.0M |
| Purchase Of Investment | -11.0M | -12.0M | -17.0M | -17.0M | -19.0M |
| Sale Of Investment | 8.0M | 14.0M | 16.0M | 22.0M | 14.0M |
| Net Investment Purchase And Sale | -3.0M | 2.0M | -1.0M | 5.0M | -5.0M |
| Investing Cash Flow | -455.0M | -412.0M | -2.1B | -215.0M | -214.0M |
| Cash Flow From Continuing Investing Activities | -455.0M | -412.0M | -2.1B | -215.0M | -214.0M |
| Issuance Of Debt | 3.4B | 631.0M | 2.3B | 2.5B | 28.0M |
| Repayment Of Debt | -3.1B | -430.0M | -161.0M | -13.0M | 0.00 |
| Net Issuance Payments Of Debt | 261.0M | 201.0M | 2.1B | 2.5B | 28.0M |
| Financing Cash Flow | 225.0M | 178.0M | 2.1B | 81.0M | -712.0M |
| Cash Flow From Continuing Financing Activities | 225.0M | 178.0M | 2.1B | 81.0M | -712.0M |
| Effect Of Exchange Rate Changes | 28.0M | -16.0M | 2.0M | -8.0M | -8.0M |
| Changes In Cash | 53.0M | -2.0M | -48.0M | 211.0M | -53.0M |
| Beginning Cash Position | 316.0M | 334.0M | 380.0M | 177.0M | 238.0M |
| End Cash Position | 397.0M | 316.0M | 334.0M | 380.0M | 177.0M |
| Free Cash Flow | -66.0M | -59.0M | -198.0M | 170.0M | 680.0M |
| Income Tax Paid Supplemental Data | 59.0M | 91.0M | 64.0M | 83.0M | 53.0M |
| Interest Paid Supplemental Data | 380.0M | 415.0M | 238.0M | 132.0M | 0.00 |
| Amortization Cash Flow | -- | -- | 382.0M | 379.0M | 415.0M |
| Amortization Of Intangibles | -- | -- | 382.0M | 379.0M | 415.0M |
| Asset Impairment Charge | 0.00 | 5.0M | 0.00 | 1.0M | 12.0M |
| Change In Account Payable | 108.0M | 126.0M | 245.0M | 189.0M | 163.0M |
| Change In Prepaid Assets | 20.0M | 161.0M | -147.0M | -7.0M | -13.0M |
| Gain Loss On Investment Securities | -10.0M | -13.0M | -13.0M | -6.0M | -- |
| Interest Received Cfi | 12.0M | 13.0M | 13.0M | 0.00 | 0.00 |
| Long Term Debt Issuance | 3.4B | 631.0M | 2.3B | 2.5B | 28.0M |
| Long Term Debt Payments | -3.1B | -430.0M | -161.0M | -13.0M | 0.00 |
| Net Business Purchase And Sale | -122.0M | -138.0M | -1.9B | -45.0M | -16.0M |
| Net Foreign Currency Exchange Gain Loss | 2.0M | 10.0M | 12.0M | -7.0M | 12.0M |
| Net Income From Continuing Operations | -352.0M | -305.0M | -248.0M | 15.0M | 193.0M |
| Net Intangibles Purchase And Sale | -- | -- | -- | 0.00 | -16.0M |
| Net Long Term Debt Issuance | 261.0M | 201.0M | 2.1B | 2.5B | 28.0M |
| Net Other Financing Charges | -36.0M | -23.0M | -37.0M | -2.4B | -740.0M |
| Net Other Investing Changes | 7.0M | 2.0M | 1.0M | -- | -- |
| Operating Gains Losses | -8.0M | -8.0M | -1.0M | -13.0M | 12.0M |
| Provisionand Write Offof Assets | 31.0M | 26.0M | 21.0M | 25.0M | 37.0M |
| Purchase Of Intangibles | -- | -- | -- | 0.00 | -16.0M |