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 | 3.1B | 1.9B | 1.9B | 1.7B | 1.8B |
| Operating Revenue | 3.1B | 1.9B | 1.9B | 1.7B | 1.8B |
| Cost Of Revenue | 1.5B | 1.2B | 1.2B | 1.1B | 993.7M |
| Gross Profit | 1.5B | 706.2M | 780.0M | 604.2M | 768.6M |
| Selling General And Administration | 92.0M | 84.2M | 83.3M | 79.3M | 72.8M |
| General And Administrative Expense | 92.0M | 84.2M | 83.3M | 79.3M | 72.8M |
| Other Operating Expenses | 19.8M | 14.0M | 16.5M | 8.4M | 9.4M |
| Operating Expense | 126.2M | 111.4M | 105.4M | 87.7M | 82.1M |
| Operating Income | 1.4B | 594.8M | 674.6M | 516.5M | 686.4M |
| EBIT | 1.0B | -274.4M | 334.3M | 541.5M | 738.0M |
| Interest Expense | 37.7M | 34.8M | 13.9M | 10.8M | 11.8M |
| Interest Expense Non Operating | 37.7M | 34.8M | 13.9M | 10.8M | 11.8M |
| Interest Income | 12.4M | 20.7M | 18.5M | 12.0M | 3.0M |
| Interest Income Non Operating | 12.4M | 20.7M | 18.5M | 12.0M | 3.0M |
| Net Interest Income | -25.3M | -14.1M | 4.6M | 1.1M | -8.8M |
| Other Income Expense | -402.1M | -889.9M | -358.9M | 13.0M | 48.6M |
| Other Non Operating Income Expenses | 5.0M | -8.1M | -4.1M | 8.1M | -2.9M |
| Special Income Charges | -11.4M | -831.1M | -355.1M | -14.3M | 15.5M |
| Restructuring And Mergern Acquisition | -- | 0.00 | 12.2M | 0.00 | -- |
| Gain On Sale Of Security | -394.9M | -53.4M | -23.6M | 8.9M | 18.5M |
| Earnings From Equity Interest | -755,000 | 2.6M | 19.9M | 10.2M | 17.5M |
| Pretax Income | 976.8M | -309.2M | 320.3M | 530.6M | 726.2M |
| Tax Provision | 550.1M | 317.4M | 278.7M | 243.9M | 265.4M |
| Tax Effect Of Unusual Items | -60.9M | -132.7M | -151.5M | -1.4M | 12.4M |
| Net Income From Continuing And Discontinued Operation | 401.9M | -629.9M | 10.1M | 252.9M | 420.1M |
| Net Income From Continuing Operation Net Minority Interest | 401.9M | -629.9M | 10.1M | 252.9M | 420.1M |
| Net Income Including Noncontrolling Interests | 426.7M | -626.7M | 41.6M | 286.7M | 460.8M |
| Minority Interests | -24.8M | -3.2M | -31.5M | -33.9M | -40.8M |
| Net Income Common Stockholders | 401.9M | -629.9M | 10.1M | 252.9M | 420.1M |
| Net Income | 401.9M | -629.9M | 10.1M | 252.9M | 420.1M |
| EBITDA | 1.5B | 93.0M | 736.6M | 925.3M | 1.1B |
| Normalized EBITDA | 1.9B | 977.4M | 1.1B | 930.7M | 1.1B |
| Reconciled Depreciation | 440.8M | 367.4M | 402.4M | 383.9M | 378.9M |
| Basic EPS | -- | -0.48 | 0.01 | 0.24 | 0.40 |
| Diluted EPS | -- | -0.48 | 0.01 | 0.24 | 0.40 |
| Basic Average Shares | 1.3B | 1.3B | 1.2B | 1.1B | 1.1B |
| Diluted Average Shares | 1.3B | 1.3B | 1.2B | 1.1B | 1.1B |
| Total Unusual Items | -406.3M | -884.4M | -378.8M | -5.3M | 34.0M |
| Total Unusual Items Excluding Goodwill | -406.3M | -884.4M | -378.8M | -5.3M | 34.0M |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.40 | 0.26 | 0.37 |
| Normalized Income | 747.2M | 121.9M | 237.4M | 256.8M | 398.5M |
| Diluted NI Availto Com Stockholders | 401.9M | -629.9M | 10.1M | 252.9M | 420.1M |
| Gain On Sale Of Business | 0.00 | 7.8M | -943,000 | -- | -- |
| Gain On Sale Of Ppe | -6.3M | 54.9M | 0.00 | -2.8M | 22.5M |
| Impairment Of Capital Assets | 5.1M | 877.0M | 342.1M | 11.5M | 7.0M |
| Net Income Continuous Operations | 426.7M | -626.7M | 41.6M | 286.7M | 460.8M |
| Net Non Operating Interest Income Expense | -25.3M | -14.1M | 4.6M | 1.1M | -8.8M |
| Other Gand A | 67.1M | 59.5M | 62.4M | 54.5M | 50.2M |
| Other Special Charges | -- | 16.8M | -- | -- | -- |
| Other Taxes | 14.4M | 13.2M | 5.6M | -- | -- |
| Reconciled Cost Of Revenue | 1.5B | 1.2B | 1.2B | 1.1B | 993.7M |
| Rent Expense Supplemental | -147.7M | -93.4M | -- | -- | -- |
| Salaries And Wages | 25.0M | 24.7M | 20.9M | 24.8M | 22.6M |
| Total Expenses | 1.7B | 1.3B | 1.3B | 1.2B | 1.1B |
| Total Operating Income As Reported | 1.4B | -248.3M | 327.4M | 502.4M | 713.6M |
| 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 | 380.4M | 337.0M | 306.9M | 651.9M | 673.0M |
| Cash Cash Equivalents And Short Term Investments | 385.3M | 348.5M | 306.9M | 651.9M | 673.0M |
| Other Short Term Investments | 4.9M | 11.6M | -- | -- | -- |
| Receivables | 80.3M | 54.5M | 37.7M | 29.3M | 63.8M |
| Inventory | 627.2M | 477.6M | 346.5M | 332.0M | 272.4M |
| Prepaid Assets | 36.8M | 18.9M | 19.2M | 16.9M | 11.4M |
| Current Assets | 1.1B | 901.8M | 710.7M | 1.0B | 1.0B |
| Gross PPE | 7.9B | 7.4B | 6.4B | 4.4B | 3.8B |
| Accumulated Depreciation | -4.1B | -4.1B | -2.8B | -2.1B | -1.5B |
| Net PPE | 3.8B | 3.3B | 3.6B | 2.3B | 2.2B |
| Investments And Advances | 384.2M | 168.1M | 220.1M | 151.9M | 136.4M |
| Long Term Equity Investment | 98.2M | 91.4M | 134.1M | 120.0M | 104.2M |
| Other Investments | 286.1M | 76.7M | 86.0M | 31.9M | 32.1M |
| Other Non Current Assets | 252.6M | 194.0M | 157.9M | 86.3M | 73.4M |
| Total Non Current Assets | 4.7B | 3.9B | 4.2B | 2.6B | 2.5B |
| Total Assets | 5.9B | 4.8B | 4.9B | 3.7B | 3.6B |
| Current Debt | 13.8M | 16.4M | 16.3M | 15.5M | 25.4M |
| Current Debt And Capital Lease Obligation | 33.9M | 16.4M | 16.3M | 15.5M | 25.4M |
| Accounts Payable | 174.8M | 156.4M | 167.1M | 114.8M | 111.7M |
| Payables | 441.9M | 259.9M | 287.8M | 210.4M | 204.0M |
| Payables And Accrued Expenses | 441.9M | 259.9M | 287.8M | 210.4M | 204.0M |
| Current Deferred Revenue | 285.5M | 272.8M | 0.00 | -- | -- |
| Other Current Liabilities | 281.9M | 24.4M | 6.4M | 2.1M | 1.1M |
| Current Liabilities | 1.1B | 580.7M | 313.5M | 233.6M | 231.2M |
| Long Term Debt | 532.3M | 421.5M | 175.9M | 41.7M | 49.7M |
| Long Term Debt And Capital Lease Obligation | 564.4M | 421.5M | 175.9M | 41.7M | 49.7M |
| Long Term Capital Lease Obligation | 32.1M | 22.9M | 23.9M | 28.3M | -- |
| Other Non Current Liabilities | 284.4M | 182.1M | 163.4M | 7.9M | 7.8M |
| Total Non Current Liabilities Net Minority Interest | 1.2B | 1.2B | 651.2M | 335.8M | 369.1M |
| Total Liabilities Net Minority Interest | 2.2B | 1.8B | 964.6M | 569.4M | 600.3M |
| Common Stock | 3.6B | 3.5B | 3.5B | 2.5B | 2.4B |
| Capital Stock | 3.6B | 3.5B | 3.5B | 2.5B | 2.4B |
| Additional Paid In Capital | 151.2M | 91.2M | 85.0M | 78.2M | 67.0M |
| Retained Earnings | -220.6M | -515.6M | 395.9M | 588.1M | 507.4M |
| Gains Losses Not Affecting Retained Earnings | 56.0M | -102.8M | -125.3M | -145.9M | -136.3M |
| Other Equity Adjustments | 56.0M | -102.8M | -125.3M | -145.9M | -136.3M |
| Common Stock Equity | 3.6B | 3.0B | 3.8B | 3.0B | 2.9B |
| Stockholders Equity | 3.6B | 3.0B | 3.8B | 3.0B | 2.9B |
| Total Equity Gross Minority Interest | 3.6B | 3.0B | 3.9B | 3.1B | 3.0B |
| Minority Interest | 48.0M | 52.6M | 99.6M | 103.7M | 100.7M |
| Total Capitalization | 4.1B | 3.4B | 4.0B | 3.0B | 2.9B |
| Net Tangible Assets | 3.6B | 3.0B | 3.8B | 3.0B | 2.9B |
| Tangible Book Value | 3.6B | 3.0B | 3.8B | 3.0B | 2.9B |
| Working Capital | 68.4M | 321.1M | 397.3M | 801.6M | 814.9M |
| Invested Capital | 4.1B | 3.4B | 4.0B | 3.1B | 2.9B |
| Total Debt | 598.3M | 437.9M | 192.1M | 57.2M | 75.1M |
| Net Debt | 165.7M | 100.9M | -- | -- | -- |
| Share Issued | 1.3B | 1.3B | 1.3B | 1.1B | 1.1B |
| Ordinary Shares Number | 1.3B | 1.3B | 1.3B | 1.1B | 1.1B |
| Assets Held For Sale Current | -- | -- | -- | 0.00 | 12.7M |
| Buildings And Improvements | 3.6B | 2.1B | 2.0B | 1.7B | -- |
| Capital Lease Obligations | 52.2M | 29.3M | 28.8M | 33.3M | -- |
| Construction In Progress | 9.6M | 1.3B | 1.4B | 16.6M | 0.00 |
| Current Capital Lease Obligation | 20.1M | 6.4M | 4.9M | 4.9M | -- |
| Current Deferred Liabilities | 285.5M | 272.8M | 0.00 | -- | -- |
| Current Provisions | 18.1M | 7.2M | 3.0M | 5.5M | 734,000 |
| Derivative Product Liabilities | -- | -- | 139.6M | 0.00 | -- |
| Employee Benefits | 25.1M | 18.4M | 19.2M | 8.1M | 7.1M |
| Financial Assets | -- | -- | -- | -- | 2.6M |
| Finished Goods | 67.4M | 34.2M | 53.1M | 49.5M | 52.9M |
| Hedging Assets Current | 0.00 | 2.2M | 481,000 | 5.0M | 12.8M |
| Investmentin Financial Assets | -- | -- | -- | -- | 32.1M |
| Investmentsin Associatesat Cost | 98.2M | 91.4M | 134.1M | 120.0M | -- |
| Long Term Provisions | 151.3M | 140.5M | 104.6M | 95.6M | 116.5M |
| Machinery Furniture Equipment | -- | -- | -- | 32.4M | 28.5M |
| Non Current Accounts Receivable | 276.0M | 244.1M | 199.7M | 121.3M | 63.2M |
| Non Current Deferred Assets | 76.4M | 0.00 | 16.9M | 6.7M | 10.4M |
| Non Current Deferred Liabilities | 151.3M | 435.1M | 188.1M | 182.5M | 187.9M |
| Non Current Deferred Revenue | 0.00 | 265.3M | 0.00 | -- | -- |
| Non Current Deferred Taxes Assets | 76.4M | 0.00 | 16.9M | 0.00 | 1.5M |
| Non Current Deferred Taxes Liabilities | 151.3M | 169.7M | 188.1M | 182.5M | 187.9M |
| Non Current Note Receivables | -- | 0.00 | 5.8M | 5.1M | 0.00 |
| Non Current Prepaid Assets | 0.00 | 14.5M | 0.00 | -- | -- |
| Other Current Borrowings | 13.8M | 16.4M | -- | -- | -- |
| Other Receivables | 16.6M | 8.4M | 7.8M | 10.8M | 49.4M |
| Raw Materials | 514.0M | 397.8M | 275.2M | 267.9M | 206.2M |
| Taxes Receivable | 63.7M | 46.2M | 29.8M | 18.5M | 14.4M |
| Total Tax Payable | 267.1M | 103.6M | 120.7M | 95.6M | 92.3M |
| Treasury Shares Number | -- | 0.00 | 1.7M | -- | -- |
| Work In Process | 45.8M | 45.6M | 18.2M | 14.7M | 13.3M |
| 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 | 895.8M | 877.6M | 714.5M | 595.8M | 724.1M |
| Cash Flow From Continuing Operating Activities | 895.8M | 877.6M | 714.5M | 595.8M | 724.1M |
| Depreciation Amortization Depletion | 440.8M | 367.4M | 402.4M | 383.9M | 378.9M |
| Stock Based Compensation | 22.9M | 24.3M | 18.2M | 24.7M | 22.6M |
| Deferred Tax | -132.0M | 7.4M | -9.1M | -3.9M | -5.3M |
| Deferred Income Tax | -132.0M | 7.4M | -9.1M | -3.9M | -5.3M |
| Change In Working Capital | -44.6M | -282.8M | -127.4M | -116.1M | -105.9M |
| Changes In Account Receivables | -12.7M | -215,000 | 147,000 | -3.9M | 568,000 |
| Change In Receivables | -139.8M | -74.6M | -105.2M | -68.0M | -49.6M |
| Change In Inventory | -193.3M | -185.8M | -50.5M | -50.3M | -24.0M |
| Change In Payables And Accrued Expense | 288.6M | -22.4M | 28.3M | 2.2M | -32.3M |
| Change In Payable | 288.6M | -22.4M | 28.3M | 2.2M | -32.3M |
| Other Non Cash Items | -102.3M | 571.0M | 61.2M | 6.0M | 18.9M |
| Capital Expenditure | -- | -16.9M | -76.4M | -74.6M | -302.3M |
| Purchase Of PPE | -- | 0.00 | -20.4M | -48.3M | 0.00 |
| Net PPE Purchase And Sale | 0.00 | 7.5M | -20.4M | -48.3M | 31.7M |
| Purchase Of Business | -4.8M | -9.1M | -6.7M | -21.1M | -5.9M |
| Sale Of Business | 0.00 | 100.3M | 38.1M | 46.4M | 0.00 |
| Purchase Of Investment | -70.9M | -32.9M | -33.3M | -7.7M | 0.00 |
| Sale Of Investment | 54.9M | 98.0M | 0.00 | -- | -- |
| Net Investment Purchase And Sale | -15.9M | 65.0M | -33.3M | -7.7M | 0.00 |
| Investing Cash Flow | -892.7M | -763.3M | -845.3M | -388.8M | -286.3M |
| Cash Flow From Continuing Investing Activities | -892.7M | -763.3M | -845.3M | -388.8M | -286.3M |
| Issuance Of Debt | 663.2M | 453.5M | 150.0M | 0.00 | 5.3M |
| Repayment Of Debt | -486.1M | -217.6M | -19.5M | -26.4M | -32.7M |
| Net Issuance Payments Of Debt | 177.2M | 236.0M | 130.5M | -26.4M | -27.4M |
| Issuance Of Capital Stock | 13.9M | 10.1M | 0.00 | -- | -- |
| Repurchase Of Capital Stock | -9.8M | 0.00 | -- | -- | -- |
| Net Common Stock Issuance | 4.1M | 10.1M | 0.00 | -- | -- |
| Common Stock Dividend Paid | -103.4M | -184.6M | -186.7M | -170.6M | -168.4M |
| Common Stock Payments | -9.8M | 0.00 | -- | -- | -- |
| Financing Cash Flow | 58.6M | -69.1M | -192.5M | -211.3M | -234.2M |
| Cash Flow From Continuing Financing Activities | 58.6M | -69.1M | -192.5M | -211.3M | -234.2M |
| Effect Of Exchange Rate Changes | -18.3M | -15.2M | -21.7M | -16.8M | -10.3M |
| Changes In Cash | 61.7M | 45.2M | -323.4M | -4.3M | 203.6M |
| Beginning Cash Position | 337.0M | 306.9M | 651.9M | 673.0M | 479.7M |
| End Cash Position | 380.4M | 337.0M | 306.9M | 651.9M | 673.0M |
| Free Cash Flow | 895.8M | 877.6M | 638.1M | 521.2M | 724.1M |
| Asset Impairment Charge | 5.1M | 877.0M | 342.1M | 11.5M | 7.0M |
| Capital Expenditure Reported | -- | -16.9M | -56.0M | -26.3M | -302.3M |
| Cash Dividends Paid | -103.4M | -184.6M | -186.7M | -170.6M | -168.4M |
| Change In Account Payable | 69.0M | -1.2M | -21.4M | 1.2M | 12.1M |
| Change In Income Tax Payable | 219.5M | -21.2M | 49.7M | 994,000 | -44.4M |
| Change In Tax Payable | 219.5M | -21.2M | 49.7M | 994,000 | -44.4M |
| Common Stock Issuance | 13.9M | 10.1M | 0.00 | -- | -- |
| Earnings Losses From Equity Investments | -- | -2.6M | -19.9M | -10.2M | -17.5M |
| Gain Loss On Investment Securities | 272.9M | 2.6M | 4.5M | 10.4M | -12.9M |
| Gain Loss On Sale Of Business | 0.00 | -7.8M | 943,000 | -- | -- |
| Gain Loss On Sale Of PPE | 6.3M | -54.9M | 0.00 | 2.8M | -22.5M |
| Interest Paid Cff | -18.4M | -11.6M | -4.6M | -4.5M | -6.2M |
| Long Term Debt Issuance | 663.2M | 453.5M | 150.0M | 663,000 | 5.3M |
| Long Term Debt Payments | -486.1M | -217.6M | -19.5M | -26.4M | -32.7M |
| Net Business Purchase And Sale | -4.8M | 91.2M | 31.4M | 25.3M | -5.9M |
| Net Income From Continuing Operations | 426.7M | -626.7M | 41.6M | 286.7M | 460.8M |
| Net Long Term Debt Issuance | 177.2M | 236.0M | 130.5M | -26.4M | -27.4M |
| Net Other Financing Charges | -66.8M | -121.9M | -144.6M | -24.1M | -38.7M |
| Net Other Investing Changes | -872.0M | -927.0M | -767.1M | -331.8M | -312.0M |
| Net Short Term Debt Issuance | -- | -- | 150.0M | 0.00 | -3.4M |
| Operating Gains Losses | 279.2M | -60.1M | -14.4M | 3.1M | -52.9M |
| Proceeds From Stock Option Exercised | 66.1M | 3.1M | 12.9M | 14.3M | 6.4M |
| Sale Of PPE | 0.00 | 7.5M | 0.00 | 0.00 | 31.7M |
| Short Term Debt Issuance | -- | -- | 150.0M | 0.00 | -- |
| Short Term Debt Payments | -- | -- | -- | -- | -3.4M |