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 | 3.5B | 3.1B | 2.6B | 1.9B | 1.5B |
| Operating Revenue | 3.5B | 3.1B | 2.6B | 1.9B | 1.5B |
| Cost Of Revenue | 2.5B | 2.4B | 2.0B | 1.6B | 1.5B |
| Gross Profit | 970.3M | 782.6M | 561.7M | 233.3M | 1.9M |
| Selling General And Administration | 311.2M | 253.2M | 245.5M | 172.0M | 127.6M |
| General And Administrative Expense | 311.2M | 253.2M | 245.5M | 172.0M | 127.6M |
| Research And Development | 38.5M | 36.5M | 21.0M | 12.2M | 7.2M |
| Other Operating Expenses | -703,000 | -18.3M | 10.0M | 33.5M | -21.6M |
| Operating Expense | 349.0M | 271.4M | 276.6M | 217.7M | 113.1M |
| Operating Income | 621.3M | 511.2M | 285.0M | 15.6M | -111.2M |
| EBIT | 873.0M | 384.9M | 579.2M | 153.8M | -43.1M |
| Interest Expense | 95.7M | 128.2M | 92.0M | 69.0M | 60.7M |
| Interest Expense Non Operating | 95.7M | 128.2M | 92.0M | 69.0M | 60.7M |
| Interest Income | 23.2M | 21.2M | 111.7M | 37.5M | 6.8M |
| Interest Income Non Operating | 23.2M | 21.2M | 111.7M | 37.5M | 6.8M |
| Net Interest Income | -92.0M | -125.9M | -4.2M | -48.2M | -69.8M |
| Other Income Expense | 248.0M | -128.5M | 206.3M | 117.5M | 77.2M |
| Other Non Operating Income Expenses | 1.5M | 975,000 | 546,000 | -- | -302,000 |
| Special Income Charges | -3.1M | -1.0M | -2.2M | 22.3M | -3.8M |
| Restructuring And Mergern Acquisition | -- | -- | 0.00 | -22.8M | 0.00 |
| Gain On Sale Of Security | 33.3M | -117.6M | 53.5M | 1.2M | 13.0M |
| Earnings From Equity Interest | 216.4M | -10.8M | 154.5M | 94.0M | 68.3M |
| Pretax Income | 777.3M | 256.7M | 487.2M | 84.8M | -103.9M |
| Tax Provision | 187.7M | 84.9M | 126.3M | -4.5M | -1.2M |
| Tax Effect Of Unusual Items | 7.3M | -39.2M | 13.3M | 6.2M | 91,720 |
| Net Income From Continuing And Discontinued Operation | 589.6M | 171.9M | 360.8M | 89.4M | -102.6M |
| Net Income From Continuing Operation Net Minority Interest | 589.6M | 171.9M | 360.8M | 89.4M | -102.6M |
| Net Income Including Noncontrolling Interests | 589.5M | 171.8M | 360.8M | 89.3M | -102.7M |
| Minority Interests | 35,000 | 11,000 | 31,000 | 118,000 | 77,000 |
| Net Income Common Stockholders | 589.6M | 171.9M | 360.8M | 89.4M | -102.6M |
| Net Income | 589.6M | 171.9M | 360.8M | 89.4M | -102.6M |
| EBITDA | 1.2B | 665.6M | 799.5M | 331.2M | 147.3M |
| Normalized EBITDA | 1.1B | 784.2M | 748.2M | 307.7M | 138.1M |
| Reconciled Depreciation | 293.1M | 280.7M | 220.3M | 177.4M | 190.4M |
| Basic EPS | 1.35 | 0.40 | 0.83 | 0.22 | -0.26 |
| Diluted EPS | 1.35 | 0.39 | 0.83 | 0.22 | -0.26 |
| Basic Average Shares | 435.4M | 434.9M | 433.4M | 405.5M | 397.6M |
| Diluted Average Shares | 435.6M | 436.0M | 435.4M | 407.1M | 397.6M |
| Total Unusual Items | 30.2M | -118.6M | 51.3M | 23.5M | 9.2M |
| Total Unusual Items Excluding Goodwill | 30.2M | -118.6M | 51.3M | 23.5M | 9.2M |
| Tax Rate For Calcs | 0.24 | 0.33 | 0.26 | 0.26 | 0.01 |
| Normalized Income | 566.7M | 251.3M | 322.9M | 72.1M | -111.7M |
| Diluted NI Availto Com Stockholders | 589.6M | 171.9M | 360.8M | 89.4M | -102.6M |
| Gain On Sale Of Ppe | -3.1M | -1.0M | -2.2M | -514,000 | -3.8M |
| Net Income Continuous Operations | 589.5M | 171.8M | 360.8M | 89.3M | -102.7M |
| Net Non Operating Interest Income Expense | -92.0M | -125.9M | -4.2M | -48.2M | -69.8M |
| Other Gand A | 311.2M | 253.2M | 245.5M | 172.0M | 127.6M |
| Reconciled Cost Of Revenue | 2.5B | 2.4B | 2.0B | 1.6B | 1.5B |
| Total Expenses | 2.9B | 2.6B | 2.3B | 1.9B | 1.6B |
| Total Operating Income As Reported | 618.1M | 510.1M | 282.9M | 15.1M | -136.2M |
| Total Other Finance Cost | 19.5M | 19.0M | 23.8M | 16.7M | 15.9M |
| 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 | 1.1B | 600.5M | 566.8M | 1.1B | 1.2B |
| Cash Cash Equivalents And Short Term Investments | 1.2B | 600.5M | 566.8M | 2.3B | 1.3B |
| Other Short Term Investments | 99.6M | 0.00 | 0.00 | 1.1B | 84.9M |
| Accounts Receivable | 338.4M | 309.6M | 413.8M | 167.7M | 271.0M |
| Receivables | 411.4M | 350.5M | 433.5M | 217.2M | 304.3M |
| Inventory | 1.0B | 972.3M | 841.6M | 822.6M | 504.9M |
| Current Assets | 2.6B | 1.9B | 1.8B | 3.3B | 2.1B |
| Gross PPE | 10.0B | 9.7B | 9.5B | 9.4B | 9.2B |
| Accumulated Depreciation | -6.6B | -6.5B | -6.1B | -6.0B | -5.6B |
| Net PPE | 3.3B | 3.3B | 3.4B | 3.5B | 3.6B |
| Goodwill And Other Intangible Assets | 36.2M | 39.8M | 43.6M | 47.1M | 51.2M |
| Other Intangible Assets | 36.2M | 39.8M | 43.6M | 47.1M | 51.2M |
| Investments And Advances | 3.0B | 3.2B | 3.2B | 211.0M | 233.2M |
| Long Term Equity Investment | 3.0B | 3.2B | 3.2B | 211.0M | 233.2M |
| Other Non Current Assets | 647.2M | 595.9M | 613.8M | 595.5M | 577.5M |
| Total Non Current Assets | 7.7B | 8.0B | 8.1B | 5.3B | 5.4B |
| Total Assets | 10.3B | 9.9B | 9.9B | 8.6B | 7.5B |
| Current Debt | -- | 285.7M | 499.8M | -- | -- |
| Current Debt And Capital Lease Obligation | -- | 285.7M | 499.8M | -- | -- |
| Accounts Payable | 190.7M | 129.8M | 368.8M | 250.0M | 213.4M |
| Payables | 887.9M | 640.3M | 601.6M | 381.2M | 344.6M |
| Payables And Accrued Expenses | 887.9M | 640.3M | 601.6M | 381.2M | 344.6M |
| Other Current Liabilities | 134.7M | 221.8M | 48.5M | 131.3M | 22.8M |
| Current Liabilities | 1.1B | 1.2B | 1.2B | 560.8M | 413.7M |
| Long Term Debt | 996.3M | 995.6M | 1.3B | 997.0M | 996.2M |
| Long Term Debt And Capital Lease Obligation | 996.3M | 995.6M | 1.3B | 997.0M | 996.2M |
| Other Non Current Liabilities | 378.0M | 363.5M | 343.4M | 216.2M | 171.8M |
| Total Non Current Liabilities Net Minority Interest | 2.3B | 2.4B | 2.7B | 2.2B | 2.3B |
| Total Liabilities Net Minority Interest | 3.4B | 3.5B | 3.8B | 2.8B | 2.7B |
| Common Stock | 2.9B | 2.9B | 2.9B | 2.9B | 1.9B |
| Capital Stock | 2.9B | 2.9B | 2.9B | 2.9B | 1.9B |
| Additional Paid In Capital | 211.4M | 210.8M | 215.7M | 224.7M | 230.0M |
| Retained Earnings | 3.6B | 3.1B | 3.0B | 2.7B | 2.6B |
| Common Stock Equity | 6.9B | 6.4B | 6.1B | 5.8B | 4.8B |
| Stockholders Equity | 6.9B | 6.4B | 6.1B | 5.8B | 4.8B |
| Total Equity Gross Minority Interest | 6.9B | 6.4B | 6.1B | 5.8B | 4.8B |
| Minority Interest | 15,000 | 26,000 | 4,000 | 11,000 | 127,000 |
| Total Capitalization | 7.9B | 7.4B | 7.4B | 6.8B | 5.8B |
| Net Tangible Assets | 6.9B | 6.3B | 6.1B | 5.8B | 4.8B |
| Tangible Book Value | 6.9B | 6.3B | 6.1B | 5.8B | 4.8B |
| Working Capital | 1.6B | 737.4M | 652.8M | 2.8B | 1.7B |
| Invested Capital | 7.9B | 7.4B | 7.9B | 6.8B | 5.8B |
| Total Debt | 996.3M | 1.3B | 1.8B | 997.0M | 996.2M |
| Net Debt | -- | 395.1M | 1.2B | 92.3M | -- |
| Share Issued | 435.5M | 435.3M | 434.2M | 432.5M | 398.1M |
| Ordinary Shares Number | 435.5M | 435.3M | 434.2M | 432.5M | 398.1M |
| Construction In Progress | 355.8M | 265.7M | 237.3M | 234.6M | 167.2M |
| Current Provisions | 47.6M | 38.0M | 39.1M | 48.3M | 46.4M |
| Dueto Related Parties Current | 553.6M | 367.6M | 99.8M | 59.6M | 61.0M |
| Finished Goods | 181.4M | 146.6M | 108.7M | 80.1M | 43.5M |
| Investmentin Financial Assets | -- | -- | 613.8M | 595.5M | 577.5M |
| Investmentsin Associatesat Cost | -- | -- | 273.8M | 211.0M | 233.2M |
| Investmentsin Joint Venturesat Cost | -- | -- | 2.9B | 0.00 | -- |
| Land And Improvements | 5.3B | 5.3B | 5.2B | 5.2B | 5.2B |
| Leases | 9.5M | 7.7M | 8.3M | 6.0M | 931,000 |
| Line Of Credit | -- | 285.7M | -- | -- | -- |
| Long Term Provisions | 953.4M | 997.8M | 1.0B | 1.0B | 1.1B |
| Machinery Furniture Equipment | 3.2B | 3.1B | 3.0B | 2.9B | 2.8B |
| Non Current Accounts Receivable | -- | -- | -- | 595.5M | 577.5M |
| Non Current Deferred Assets | 666.5M | 843.1M | 892.9M | 984.1M | 937.6M |
| Non Current Deferred Taxes Assets | 666.5M | 843.1M | 892.9M | 984.1M | 937.6M |
| Other Current Borrowings | -- | -- | 499.8M | -- | -- |
| Other Equity Interest | 144.9M | 118.9M | -15.3M | 34.7M | 72.8M |
| Other Inventories | 2.4M | 458,000 | 433,000 | 425,000 | 391,000 |
| Other Payable | 127.1M | 121.6M | 108.9M | 65.2M | 66.0M |
| Other Properties | 290,000 | 507,000 | 401,000 | 1.6M | 1.6M |
| Other Receivables | 44.7M | 9.6M | 11.9M | 42.6M | 24.4M |
| Raw Materials | 829.6M | 825.2M | 732.5M | 742.0M | 460.9M |
| Restricted Cash | -- | -- | 156.3M | 239.0M | 233.3M |
| Taxes Receivable | 28.3M | 31.3M | 7.7M | 6.9M | 8.9M |
| Total Tax Payable | 16.5M | 21.2M | 24.1M | 6.5M | 4.1M |
| Treasury Shares Number | -- | -- | 0.00 | -- | -- |
| 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 | 1.4B | 905.3M | 688.1M | 304.6M | 458.3M |
| Cash Flow From Continuing Operating Activities | 1.4B | 905.3M | 688.1M | 304.6M | 458.3M |
| Depreciation And Amortization | 293.1M | 280.7M | 220.3M | 177.4M | 190.4M |
| Depreciation Amortization Depletion | 293.1M | 280.7M | 220.3M | 177.4M | 190.4M |
| Stock Based Compensation | 9.7M | 6.8M | 3.7M | 3.3M | 4.5M |
| Deferred Tax | 187.7M | 84.9M | 126.3M | -4.5M | -1.2M |
| Deferred Income Tax | 187.7M | 84.9M | 126.3M | -4.5M | -1.2M |
| Change In Working Capital | 237.0M | -11.6M | -26.6M | -110.4M | 310.5M |
| Changes In Account Receivables | -15.3M | 78.6M | -242.4M | 99.6M | -75.7M |
| Change In Receivables | -15.3M | 78.6M | -242.4M | 99.6M | -75.7M |
| Change In Inventory | 20.2M | -111.5M | 46.8M | -226.4M | 294.4M |
| Change In Payables And Accrued Expense | 232.1M | 21.4M | 169.0M | 16.4M | 91.8M |
| Other Non Cash Items | 9.0M | 108.5M | -64.7M | 82.8M | 38.8M |
| Capital Expenditure | -333.0M | -211.6M | -153.6M | -143.4M | -98.8M |
| Purchase Of PPE | -333.0M | -211.6M | -153.6M | -143.4M | -98.8M |
| Net PPE Purchase And Sale | -332.8M | -211.3M | -153.6M | -142.7M | -93.4M |
| Purchase Of Business | -- | 0.00 | -3.0B | -101.7M | 0.00 |
| Purchase Of Investment | -- | -- | -- | -1.0B | -59.9M |
| Net Investment Purchase And Sale | -99.6M | 0.00 | 1.1B | -1.0B | -59.9M |
| Investing Cash Flow | -433.5M | -206.4M | -2.0B | -1.3B | -80.3M |
| Cash Flow From Continuing Investing Activities | -433.5M | -206.4M | -2.0B | -1.3B | -80.3M |
| Issuance Of Debt | 0.00 | 497.0M | 816.6M | 0.00 | 0.00 |
| Repayment Of Debt | -288.0M | -1.0B | -2.4M | -2.9M | -2.7M |
| Net Issuance Payments Of Debt | -288.0M | -546.6M | 814.2M | -2.9M | -2.7M |
| Issuance Of Capital Stock | 2.2M | 16.7M | 27.5M | 962.9M | 26.8M |
| Net Common Stock Issuance | 2.2M | 16.7M | 27.5M | 962.9M | 26.8M |
| Common Stock Dividend Paid | -104.5M | -69.6M | -52.1M | -51.9M | -31.8M |
| Financing Cash Flow | -442.9M | -688.4M | 748.8M | 869.3M | -46.8M |
| Cash Flow From Continuing Financing Activities | -442.9M | -688.4M | 748.8M | 869.3M | -46.8M |
| Effect Of Exchange Rate Changes | -17.6M | 23.2M | 31.0M | 13.2M | -2.2M |
| Changes In Cash | 532.0M | 10.4M | -607.9M | -117.0M | 331.2M |
| Beginning Cash Position | 600.5M | 566.8M | 1.1B | 1.2B | 918.4M |
| End Cash Position | 1.1B | 600.5M | 566.8M | 1.1B | 1.2B |
| Free Cash Flow | 1.1B | 693.7M | 534.5M | 161.2M | 359.5M |
| Cash Dividends Paid | -104.5M | -69.6M | -52.1M | -51.9M | -31.8M |
| Common Stock Issuance | 2.2M | 16.7M | 27.5M | 962.9M | 26.8M |
| Dividend Received Cfo | 446.7M | 185.4M | 113.6M | 117.7M | 50.1M |
| Earnings Losses From Equity Investments | -216.4M | 10.8M | -154.5M | -94.0M | -68.3M |
| Gain Loss On Investment Securities | -145.8M | 149.6M | -61.7M | 82.6M | 13.8M |
| Interest Paid Cff | -52.6M | -88.8M | -40.8M | -38.9M | -39.0M |
| Interest Received Cfo | 23.2M | 21.2M | 113.8M | 35.4M | 9.4M |
| Long Term Debt Issuance | 0.00 | 497.0M | 816.6M | 0.00 | 0.00 |
| Long Term Debt Payments | -288.0M | -1.0B | -2.4M | -2.9M | -2.7M |
| Net Business Purchase And Sale | -- | 0.00 | -3.0B | -101.7M | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 61.7M | -65.5M | -15.7M | -74.1M | -446,000 |
| Net Income From Continuing Operations | 589.5M | 171.8M | 360.8M | 89.3M | -102.7M |
| Net Long Term Debt Issuance | -288.0M | -546.6M | 814.2M | -2.9M | -2.7M |
| Net Other Investing Changes | -1.1M | 4.8M | 1.0M | -2.0M | 73.0M |
| Operating Gains Losses | -297.3M | 96.0M | -229.6M | -85.0M | -51.2M |
| Proceeds From Stock Option Exercised | -- | -- | -- | 9.6M | 26.8M |
| Provisionand Write Offof Assets | -- | -- | -- | -- | -8.4M |
| Sale Of PPE | 245,000 | 377,000 | 69,000 | 780,000 | 5.4M |
| Taxes Refund Paid | -90.2M | -38.5M | 70.4M | -1.5M | 9.6M |