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 | 1.4B | 1.2B | 1.1B | 850.2M | 900.1M |
| Operating Revenue | 1.3B | 1.2B | 1.1B | 870.2M | 900.1M |
| Cost Of Revenue | 920.8M | 836.5M | 830.9M | 671.7M | 608.2M |
| Gross Profit | 463.8M | 378.0M | 264.0M | 178.5M | 292.0M |
| Selling General And Administration | 71.6M | 48.6M | 57.1M | 60.1M | 38.5M |
| General And Administrative Expense | 60.2M | 37.9M | 44.9M | 47.2M | 27.1M |
| Other Operating Expenses | 58.7M | 71.0M | 135.5M | -18.1M | 52.5M |
| Operating Expense | 149.4M | 141.8M | 221.0M | 75.0M | 119.7M |
| Operating Income | 314.4M | 236.3M | 43.0M | 103.5M | 172.3M |
| EBIT | 732.5M | 175.1M | 14.3M | -43.8M | 403.6M |
| Interest Expense | 1.4M | 1.1M | 657,000 | 679,000 | 715,000 |
| Interest Expense Non Operating | 1.4M | 1.1M | 657,000 | 679,000 | 715,000 |
| Interest Income | 20.8M | 30.1M | 19.5M | 9.4M | 2.8M |
| Interest Income Non Operating | 20.8M | 30.1M | 19.5M | 9.4M | 2.8M |
| Net Interest Income | 16.9M | 25.7M | 13.2M | 5.5M | -359,000 |
| Other Income Expense | 399.6M | -87.9M | -42.5M | -153.4M | 231.0M |
| Other Non Operating Income Expenses | -3.2M | -2.2M | -1.1M | -1.7M | 2.2M |
| Special Income Charges | 391.9M | -129.9M | -35.6M | -155.3M | 229.7M |
| Gain On Sale Of Security | 11.0M | 44.2M | -5.8M | 3.6M | -900,000 |
| Pretax Income | 731.0M | 174.1M | 13.6M | -44.4M | 402.9M |
| Tax Provision | 147.0M | 93.7M | 94.9M | 32.8M | -44.0M |
| Tax Effect Of Unusual Items | 81.0M | -12.8M | -16.6M | -39.8M | 60.6M |
| Net Income From Continuing And Discontinued Operation | 584.0M | 80.4M | -81.3M | -77.2M | -381.8M |
| Net Income From Continuing Operation Net Minority Interest | 584.0M | 80.4M | -81.3M | -77.2M | 446.9M |
| Net Income Including Noncontrolling Interests | 584.0M | 80.4M | -81.3M | -77.2M | -381.8M |
| Net Income Common Stockholders | 584.0M | 80.4M | -81.3M | -77.2M | -381.8M |
| Net Income | 584.0M | 80.4M | -81.3M | -77.2M | -381.8M |
| EBITDA | 848.1M | 305.8M | 144.0M | 59.7M | 530.0M |
| Normalized EBITDA | 445.2M | 391.5M | 185.4M | 211.4M | 301.2M |
| Reconciled Depreciation | 115.6M | 130.7M | 129.7M | 103.4M | 126.4M |
| Basic EPS | 2.85 | 0.38 | -0.37 | -0.29 | -1.29 |
| Diluted EPS | 2.84 | 0.35 | -0.38 | -0.31 | -1.29 |
| Basic Average Shares | 204.7M | 213.5M | 217.2M | 218.4M | 297.1M |
| Diluted Average Shares | 205.6M | 216.3M | 218.4M | 218.4M | 297.1M |
| Total Unusual Items | 402.8M | -85.7M | -41.4M | -151.7M | 228.8M |
| Total Unusual Items Excluding Goodwill | 402.8M | -85.7M | -41.4M | -151.7M | 228.8M |
| Tax Rate For Calcs | 0.20 | 0.15 | 0.40 | 0.26 | 0.27 |
| Normalized Income | 262.2M | 153.2M | -56.4M | 34.7M | 278.8M |
| Average Dilution Earnings | 0.00 | -4.0M | -2.7M | -5.6M | 0.00 |
| Diluted NI Availto Com Stockholders | 584.0M | 76.4M | -84.0M | -82.8M | -381.8M |
| Gain On Sale Of Business | 50.5M | 63.1M | 0.00 | 0.00 | 97.3M |
| Gain On Sale Of Ppe | 200,000 | 603,000 | -1.5M | 1.4M | -- |
| Impairment Of Capital Assets | -341.1M | 193.6M | 34.1M | 145.9M | -160.0M |
| Net Income Continuous Operations | 584.0M | 80.4M | -81.3M | -77.2M | 446.9M |
| Net Income Discontinuous Operations | -- | -- | -- | 0.00 | -828.7M |
| Net Non Operating Interest Income Expense | 16.9M | 25.7M | 13.2M | 5.5M | -359,000 |
| Other Gand A | 32.4M | 32.7M | 35.6M | 46.3M | 25.8M |
| Other Special Charges | -- | 2.5M | -- | 10.8M | 27.5M |
| Reconciled Cost Of Revenue | 920.8M | 836.5M | 830.9M | 671.7M | 608.2M |
| Salaries And Wages | 27.9M | 5.2M | 9.2M | 913,000 | 1.3M |
| Selling And Marketing Expense | 11.3M | 10.7M | 12.2M | 12.9M | 11.3M |
| Total Expenses | 1.1B | 978.2M | 1.1B | 746.7M | 727.9M |
| Total Operating Income As Reported | 669.7M | 76.5M | 17.8M | -36.8M | 333.9M |
| Total Other Finance Cost | 2.4M | 3.3M | 5.7M | 3.2M | 2.4M |
| 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 | 528.9M | 624.7M | 612.9M | 531.9M | 947.2M |
| Cash Cash Equivalents And Short Term Investments | 540.9M | 627.8M | 615.8M | 532.7M | 949.4M |
| Other Short Term Investments | 12.0M | 3.1M | 2.8M | 830,000 | 2.2M |
| Accounts Receivable | 128.0M | 70.7M | 64.9M | 82.3M | 61.3M |
| Receivables | 175.0M | 117.7M | 70.8M | 117.2M | 76.8M |
| Inventory | 333.7M | 234.2M | 257.3M | 316.8M | 221.2M |
| Prepaid Assets | 17.3M | 12.2M | 10.2M | 8.9M | 10.7M |
| Other Current Assets | 554,000 | 554,000 | 185,000 | 3.3M | 1.2M |
| Current Assets | 1.1B | 993.1M | 966.0M | 990.7M | 1.3B |
| Gross PPE | 2.4B | 2.1B | 1.9B | 1.8B | 1.6B |
| Accumulated Depreciation | -796.4M | -1.0B | -701.5M | -561.5M | -289.2M |
| Net PPE | 1.6B | 1.1B | 1.2B | 1.3B | 1.3B |
| Investments And Advances | 219.4M | 77.0M | 0.00 | -- | -- |
| Other Non Current Assets | 2.4M | 2.5M | 5.3M | 4.4M | 2.9M |
| Total Non Current Assets | 1.9B | 1.3B | 1.3B | 1.3B | 1.4B |
| Total Assets | 3.0B | 2.3B | 2.3B | 2.3B | 2.7B |
| Current Debt And Capital Lease Obligation | 7.9M | 6.4M | 6.1M | 5.2M | 6.1M |
| Accounts Payable | 150.8M | 79.6M | 77.9M | 111.2M | 67.0M |
| Payables | 380.8M | 245.1M | 236.1M | 196.8M | 200.6M |
| Payables And Accrued Expenses | 380.8M | 245.1M | 236.1M | 196.8M | 200.6M |
| Current Deferred Revenue | -- | 0.00 | 9.5M | 12.3M | 0.00 |
| Other Current Liabilities | 40.4M | 20.5M | 11.0M | 14.2M | 3.0M |
| Current Liabilities | 446.9M | 283.9M | 297.4M | 274.9M | 227.4M |
| Long Term Debt And Capital Lease Obligation | 10.9M | 13.7M | 18.1M | 8.7M | 14.1M |
| Long Term Capital Lease Obligation | 10.9M | 13.7M | 18.1M | 8.7M | 14.1M |
| Total Non Current Liabilities Net Minority Interest | 452.0M | 325.3M | 309.1M | 250.8M | 405.6M |
| Total Liabilities Net Minority Interest | 898.9M | 609.2M | 606.5M | 525.6M | 633.0M |
| Common Stock | 727.0M | 826.7M | 861.5M | 886.5M | 984.1M |
| Capital Stock | 727.0M | 826.7M | 861.5M | 886.5M | 984.1M |
| Additional Paid In Capital | 30.9M | 32.1M | 33.9M | 29.6M | 30.8M |
| Retained Earnings | 1.4B | 808.3M | 771.4M | 897.6M | 1.0B |
| Gains Losses Not Affecting Retained Earnings | -49.4M | -11.2M | 7.5M | -3.3M | 6.8M |
| Other Equity Adjustments | -49.4M | -11.2M | 7.5M | -3.3M | 6.8M |
| Common Stock Equity | 2.1B | 1.7B | 1.7B | 1.8B | 2.0B |
| Stockholders Equity | 2.1B | 1.7B | 1.7B | 1.8B | 2.0B |
| Total Equity Gross Minority Interest | 2.1B | 1.7B | 1.7B | 1.8B | 2.0B |
| Total Capitalization | 2.1B | 1.7B | 1.7B | 1.8B | 2.0B |
| Net Tangible Assets | 2.1B | 1.7B | 1.7B | 1.8B | 2.0B |
| Tangible Book Value | 2.1B | 1.7B | 1.7B | 1.8B | 2.0B |
| Working Capital | 623.2M | 709.2M | 668.6M | 715.8M | 1.0B |
| Invested Capital | 2.1B | 1.7B | 1.7B | 1.8B | 2.0B |
| Total Debt | 18.8M | 20.1M | 24.2M | 14.0M | 20.2M |
| Share Issued | 199.8M | 210.0M | 215.5M | 218.4M | 297.1M |
| Ordinary Shares Number | 199.8M | 210.0M | 215.5M | 218.4M | 297.1M |
| Assets Held For Sale Current | -- | 0.00 | 1.5M | 0.00 | 0.00 |
| Available For Sale Securities | 219.4M | 77.0M | 5.3M | -- | -- |
| Buildings And Improvements | 1.4B | 1.3B | 1.2B | 1.1B | 1.1B |
| Capital Lease Obligations | 18.8M | 20.1M | 24.2M | 14.0M | 20.2M |
| Construction In Progress | 257.4M | 108.3M | 70.5M | 47.6M | 57.8M |
| Current Capital Lease Obligation | 7.9M | 6.4M | 6.1M | 5.2M | 6.1M |
| Current Deferred Liabilities | -- | 0.00 | 9.5M | 43.2M | 0.00 |
| Current Provisions | -- | 5.1M | 28.1M | 10.9M | 6.2M |
| Derivative Product Liabilities | 82.1M | 5.2M | 366,000 | 4.6M | 990,000 |
| Duefrom Related Parties Current | 37.5M | 42.6M | -- | -- | -- |
| Duefrom Related Parties Non Current | 35.1M | 20.4M | -- | -- | -- |
| Employee Benefits | 2.3M | 1.6M | 1.2M | 862,000 | 4.4M |
| Financial Assets | -- | 20.5M | 5.3M | 5.5M | 2.5M |
| Finished Goods | 144.8M | 81.7M | 98.6M | 120.3M | 99.8M |
| Hedging Assets Current | 2.6M | 625,000 | 10.3M | 11.8M | 11.8M |
| Income Tax Payable | 28.9M | 18.7M | 41.0M | 1.9M | 25.3M |
| Investmentin Financial Assets | 219.4M | 77.0M | 0.00 | -- | -- |
| Long Term Provisions | 294.5M | 266.2M | 272.6M | 227.9M | 331.3M |
| Non Current Accounts Receivable | 41.5M | 30.9M | 8.7M | 612,000 | 26.7M |
| Non Current Deferred Assets | 24.9M | 60.1M | 57.9M | 61.9M | 101.3M |
| Non Current Deferred Liabilities | 62.3M | 38.6M | 16.8M | 8.7M | 54.9M |
| Non Current Deferred Revenue | 24.4M | 20.2M | 0.00 | -- | -- |
| Non Current Deferred Taxes Assets | 24.9M | 60.1M | 57.9M | 61.9M | 101.3M |
| Non Current Deferred Taxes Liabilities | 37.9M | 18.4M | 16.8M | 8.7M | 54.9M |
| Non Current Pension And Other Postretirement Benefit Plans | 2.3M | 1.6M | 1.2M | 862,000 | 4.4M |
| Non Current Prepaid Assets | -- | -- | -- | -- | 92,000 |
| Other Payable | 201.2M | 146.8M | 117.3M | 83.7M | 108.4M |
| Other Properties | 122.9M | 103.0M | 79.8M | 59.1M | 59.1M |
| Other Receivables | 3.8M | 2.1M | 2.5M | 29.1M | 3.9M |
| Pensionand Other Post Retirement Benefit Plans Current | 17.8M | 6.8M | 6.5M | 4.6M | 11.4M |
| Raw Materials | 188.9M | 152.6M | 158.7M | 196.5M | 121.4M |
| Taxes Receivable | 5.7M | 2.3M | 3.3M | 5.7M | 11.7M |
| Total Tax Payable | 28.9M | 18.7M | 41.0M | 1.9M | 25.3M |
| 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 | 348.6M | 298.4M | 245.6M | -2.0M | 414.8M |
| Cash Flow From Continuing Operating Activities | 348.6M | 298.4M | 245.6M | -2.0M | 270.9M |
| Depreciation Amortization Depletion | 115.6M | 130.7M | 129.7M | 103.4M | 126.4M |
| Stock Based Compensation | 21.7M | 5.2M | 10.0M | 770,000 | 1.4M |
| Deferred Tax | 147.0M | 93.7M | 94.9M | 32.8M | -44.0M |
| Deferred Income Tax | 147.0M | 93.7M | 94.9M | 32.8M | -44.0M |
| Change In Working Capital | -40.3M | 27.0M | 43.2M | -64.0M | -12.8M |
| Change In Receivables | -74.3M | 739,000 | 6.8M | -13.6M | -6.5M |
| Change In Inventory | -90.5M | 7.3M | 40.2M | -76.4M | -21.4M |
| Change In Payables And Accrued Expense | 117.2M | 27.0M | -10.9M | 26.2M | 16.6M |
| Change In Payable | 117.2M | 27.0M | -10.9M | 26.2M | 16.6M |
| Change In Other Current Assets | 7.3M | -8.0M | 7.2M | -134,000 | -- |
| Other Non Cash Items | 291,000 | -19.5M | 53.2M | -93.3M | 27.5M |
| Capital Expenditure | -296.7M | -184.3M | -85.3M | -80.9M | -92.5M |
| Purchase Of PPE | -296.7M | -184.3M | -85.3M | -80.9M | -92.5M |
| Net PPE Purchase And Sale | -296.4M | -183.3M | -83.8M | -78.9M | -80.6M |
| Purchase Of Business | -- | 0.00 | -31.5M | -176.7M | 0.00 |
| Sale Of Business | 41.0M | 0.00 | 25.0M | 0.00 | 210.3M |
| Purchase Of Investment | -48.5M | -7.3M | 0.00 | -- | -- |
| Sale Of Investment | -- | -- | -- | -- | 0.00 |
| Net Investment Purchase And Sale | -48.5M | -7.3M | 0.00 | -- | 0.00 |
| Investing Cash Flow | -303.9M | -193.2M | -90.3M | -255.6M | 36.4M |
| Cash Flow From Continuing Investing Activities | -303.9M | -193.2M | -90.3M | -255.6M | 132.5M |
| Issuance Of Debt | -- | -- | -- | -- | 0.00 |
| Repayment Of Debt | -11.1M | -9.8M | -11.0M | -6.8M | -6.5M |
| Net Issuance Payments Of Debt | -11.1M | -9.8M | -11.0M | -6.8M | -6.5M |
| Issuance Of Capital Stock | 5.4M | 3.9M | 2.1M | 3.5M | 5.0M |
| Repurchase Of Capital Stock | -93.7M | -44.1M | -20.4M | -104.5M | 0.00 |
| Net Common Stock Issuance | -88.3M | -40.2M | -18.4M | -101.0M | 5.0M |
| Common Stock Dividend Paid | -41.1M | -43.5M | -44.9M | -47.7M | -45.0M |
| Common Stock Payments | -93.7M | -44.1M | -20.4M | -104.5M | 0.00 |
| Financing Cash Flow | -140.5M | -93.5M | -74.3M | -157.7M | -49.1M |
| Cash Flow From Continuing Financing Activities | -140.5M | -93.5M | -74.3M | -157.7M | -49.1M |
| Changes In Cash | -95.7M | 11.7M | 81.0M | -415.3M | 402.1M |
| Beginning Cash Position | 624.7M | 612.9M | 531.9M | 947.2M | 545.2M |
| End Cash Position | 528.9M | 624.7M | 612.9M | 531.9M | 947.2M |
| Free Cash Flow | 51.9M | 114.1M | 160.3M | -82.9M | 322.3M |
| Asset Impairment Charge | -341.1M | 193.6M | 37.8M | 151.2M | -160.0M |
| Cash Dividends Paid | -41.1M | -43.5M | -44.9M | -47.7M | -45.0M |
| Cash From Discontinued Investing Activities | -- | -- | -- | 0.00 | -96.1M |
| Cash From Discontinued Operating Activities | -- | -- | -- | 0.00 | 143.9M |
| Change In Account Payable | 117.2M | 27.0M | -8.6M | 31.0M | 15.1M |
| Change In Income Tax Payable | -- | 0.00 | -2.4M | -4.8M | 1.5M |
| Change In Prepaid Assets | -- | -- | -- | -134,000 | -1.4M |
| Change In Tax Payable | -- | 0.00 | -2.4M | -4.8M | 1.5M |
| Common Stock Issuance | 5.4M | 3.9M | 2.1M | 3.5M | 5.0M |
| Gain Loss On Sale Of Business | -50.5M | -63.1M | 0.00 | 0.00 | -97.3M |
| Interest Paid Cff | -- | -- | -- | -- | -2.7M |
| Long Term Debt Issuance | -- | -- | -- | -- | 0.00 |
| Long Term Debt Payments | -11.1M | -9.8M | -11.0M | -6.8M | -6.5M |
| Net Business Purchase And Sale | 41.0M | 0.00 | -6.5M | -176.7M | 210.3M |
| Net Foreign Currency Exchange Gain Loss | 3.9M | -16.9M | 2.2M | -- | -- |
| Net Income From Continuing Operations | 584.0M | 80.4M | -81.3M | -77.2M | 446.9M |
| Net Long Term Debt Issuance | -11.1M | -9.8M | -11.0M | -6.8M | -6.5M |
| Net Other Financing Charges | -- | -- | -4.2M | -2.3M | -2.7M |
| Net Other Investing Changes | -- | -2.5M | -- | -- | 2.8M |
| Operating Gains Losses | -46.6M | -80.0M | 2.2M | -- | -97.3M |
| Other Cash Adjustment Outside Changein Cash | -- | -- | -- | -- | 0.00 |
| Sale Of PPE | 287,000 | 959,000 | 1.5M | 2.0M | 11.9M |
| Taxes Refund Paid | -88.9M | -109.1M | -44.2M | -55.6M | -17.2M |
| Unrealized Gain Loss On Investment Securities | -3.0M | -23.5M | 0.00 | -- | -- |