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 | 4.2B | 2.7B | 2.1B | 2.1B | 2.6B |
| Operating Revenue | 4.2B | 2.7B | 2.1B | 2.1B | 2.6B |
| Cost Of Revenue | 2.1B | 1.8B | 1.4B | 1.3B | 1.7B |
| Gross Profit | 2.1B | 868.7M | 745.3M | 748.5M | 897.5M |
| Selling General And Administration | 23.7M | 30.7M | 15.8M | 11.0M | 9.5M |
| General And Administrative Expense | 23.7M | 30.7M | 15.8M | 11.0M | 9.5M |
| Other Operating Expenses | 102.9M | 76.1M | 101.4M | 49.1M | 39.1M |
| Operating Expense | 224.0M | 154.2M | 172.9M | 115.4M | 106.0M |
| Operating Income | 1.9B | 714.5M | 572.4M | 633.1M | 791.5M |
| EBIT | 1.4B | 208.8M | 322.4M | 559.9M | 492.7M |
| Interest Expense | 84.9M | 94.9M | 68.9M | 52.8M | 44.8M |
| Interest Expense Non Operating | 84.9M | 94.9M | 68.9M | 52.8M | 44.8M |
| Interest Income | 6.5M | 3.8M | 6.0M | 1.4M | -- |
| Interest Income Non Operating | 6.5M | 3.8M | 6.0M | 1.4M | -- |
| Net Interest Income | -101.9M | -111.2M | -71.2M | -61.1M | -65.7M |
| Other Non Operating Income Expenses | -2.5M | -2.6M | -800,000 | -2.2M | -1.8M |
| Special Income Charges | -226.7M | -344.2M | -129.5M | -49.4M | -306.1M |
| Restructuring And Mergern Acquisition | 22.8M | 21.4M | 2.4M | 9.0M | 32.7M |
| Write Off | 10.5M | 124.0M | 9.3M | 15.5M | 3.0M |
| Pretax Income | 1.3B | 113.9M | 253.5M | 507.1M | 447.9M |
| Tax Provision | 454.2M | 348.5M | 210.8M | 250.3M | 143.3M |
| Tax Effect Of Unusual Items | -141.8M | -115.6M | -44.3M | -4.7M | -78.3M |
| Net Income From Continuing And Discontinued Operation | 679.2M | -300.2M | -208.9M | -57.3M | 215.5M |
| Net Income From Continuing Operation Net Minority Interest | 679.2M | -293.9M | -22.6M | 221.4M | 244.3M |
| Net Income Including Noncontrolling Interests | 889.1M | -240.9M | -143.6M | -21.9M | 275.8M |
| Minority Interests | -209.9M | -59.3M | -65.3M | -35.4M | -60.3M |
| Net Income Common Stockholders | 679.2M | -300.2M | -208.9M | -57.3M | 215.5M |
| Net Income | 679.2M | -300.2M | -208.9M | -57.3M | 215.5M |
| EBITDA | 2.1B | 857.9M | 864.7M | 1.2B | 1.1B |
| Normalized EBITDA | 2.5B | 1.3B | 1.1B | 1.2B | 1.4B |
| Reconciled Depreciation | 648.1M | 649.1M | 542.3M | 639.1M | 648.7M |
| Basic EPS | 2.80 | -1.23 | 0.94 | -0.23 | 0.90 |
| Diluted EPS | 2.74 | -1.23 | 0.94 | -0.23 | 0.89 |
| Basic Average Shares | 242.3M | 244.8M | 244.5M | 247.8M | 240.1M |
| Diluted Average Shares | 247.5M | 244.8M | 244.5M | 248.7M | 242.0M |
| Total Unusual Items | -419.4M | -462.3M | -233.4M | -24.9M | -244.6M |
| Total Unusual Items Excluding Goodwill | -419.4M | -462.3M | -233.4M | -24.9M | -244.6M |
| Tax Rate For Calcs | 0.34 | 0.25 | 0.19 | 0.19 | 0.32 |
| Normalized Income | 956.8M | 52.8M | 166.5M | 241.6M | 410.6M |
| Diluted NI Availto Com Stockholders | 679.2M | -300.2M | -208.9M | -57.3M | 215.5M |
| Impairment Of Capital Assets | 193.4M | 199.5M | 122.6M | 2.8M | 247.7M |
| Net Income Continuous Operations | 889.1M | -234.6M | 42.7M | 256.8M | 304.6M |
| Net Income Discontinuous Operations | 0.00 | -6.3M | -186.3M | -278.7M | -28.8M |
| Net Non Operating Interest Income Expense | -101.9M | -111.2M | -71.2M | -61.1M | -65.7M |
| Other Special Charges | -- | -700,000 | -4.8M | 22.1M | 22.7M |
| Otherunder Preferred Stock Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reconciled Cost Of Revenue | 2.1B | 1.8B | 1.4B | 1.3B | 1.7B |
| Total Expenses | 2.4B | 2.0B | 1.5B | 1.4B | 1.9B |
| Total Operating Income As Reported | 1.6B | 367.8M | 442.7M | 587.3M | 485.6M |
| Total Other Finance Cost | 23.5M | 20.1M | 8.3M | 9.7M | 20.9M |
| 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 | 453.3M | 397.3M | 517.2M | 951.1M | 906.2M |
| Cash Cash Equivalents And Short Term Investments | 500.2M | 418.6M | 586.9M | 967.7M | 914.8M |
| Other Short Term Investments | 46.9M | 21.3M | 69.7M | 16.6M | 8.6M |
| Accounts Receivable | 2.6M | 25.3M | 28.9M | 4.4M | 3.9M |
| Inventory | 430.6M | 339.2M | 224.9M | 320.7M | 311.3M |
| Prepaid Assets | -- | -- | 0.00 | 13.7M | 8.7M |
| Other Current Assets | 45.0M | 56.4M | 39.2M | 51.1M | 35.1M |
| Current Assets | 1.2B | 964.8M | 1.1B | 1.4B | 1.4B |
| Gross PPE | 7.2B | 6.6B | 5.9B | 6.8B | 6.7B |
| Accumulated Depreciation | -3.4B | -2.6B | -1.8B | -2.3B | -1.7B |
| Net PPE | 3.7B | 4.0B | 4.2B | 4.5B | 5.0B |
| Goodwill | 134.4M | 134.4M | 134.4M | 134.4M | 134.4M |
| Goodwill And Other Intangible Assets | 134.4M | 134.4M | 134.4M | 134.4M | 134.4M |
| Other Non Current Assets | 388.5M | 316.9M | 323.6M | 229.5M | 185.3M |
| Total Non Current Assets | 4.4B | 4.5B | 4.7B | 5.0B | 5.4B |
| Total Assets | 5.6B | 5.5B | 5.9B | 6.4B | 6.8B |
| Current Debt | 42.4M | 64.2M | 8.5M | 336.6M | 0.00 |
| Current Debt And Capital Lease Obligation | 67.4M | 82.4M | 22.8M | 354.8M | 14.4M |
| Accounts Payable | 289.2M | 330.0M | 280.9M | 252.3M | 247.7M |
| Payables | 966.5M | 676.1M | 573.1M | 601.7M | 520.3M |
| Other Current Liabilities | -- | 100,000 | -- | -- | -- |
| Current Liabilities | 1.0B | 821.7M | 613.4M | 1.0B | 567.1M |
| Long Term Debt | 554.5M | 1.1B | 1.1B | 488.1M | 841.9M |
| Long Term Debt And Capital Lease Obligation | 618.3M | 1.1B | 1.1B | 517.0M | 878.6M |
| Long Term Capital Lease Obligation | 63.8M | 31.8M | 27.9M | 28.9M | 36.7M |
| Other Non Current Liabilities | -- | -100,000 | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 1.1B | 1.7B | 1.7B | 1.3B | 1.8B |
| Total Liabilities Net Minority Interest | 2.2B | 2.5B | 2.3B | 2.3B | 2.4B |
| Common Stock | 2.4M | 2.5M | 2.5M | 2.5M | 2.5M |
| Capital Stock | 2.4M | 2.5M | 2.5M | 2.5M | 2.5M |
| Additional Paid In Capital | 50.7M | 51.1M | 51.0M | 25.9M | 4.5M |
| Retained Earnings | 2.4B | 2.1B | 2.6B | 3.0B | 3.3B |
| Common Stock Equity | 3.0B | 2.7B | 3.2B | 3.7B | 3.9B |
| Stockholders Equity | 3.0B | 2.7B | 3.2B | 3.7B | 3.9B |
| Total Equity Gross Minority Interest | 3.4B | 3.0B | 3.5B | 4.1B | 4.4B |
| Minority Interest | 383.3M | 287.4M | 322.8M | 426.4M | 464.2M |
| Total Capitalization | 3.6B | 3.8B | 4.3B | 4.1B | 4.8B |
| Net Tangible Assets | 2.9B | 2.6B | 3.1B | 3.5B | 3.8B |
| Tangible Book Value | 2.9B | 2.6B | 3.1B | 3.5B | 3.8B |
| Working Capital | 114.3M | 143.1M | 506.8M | 400.8M | 798.9M |
| Invested Capital | 3.6B | 3.8B | 4.3B | 4.5B | 4.8B |
| Total Debt | 685.7M | 1.2B | 1.1B | 871.8M | 893.0M |
| Net Debt | 143.6M | 727.0M | 551.2M | -- | -- |
| Share Issued | 241.3M | 244.1M | 245.2M | 246.2M | 248.0M |
| Ordinary Shares Number | 240.7M | 243.4M | 244.5M | 245.3M | 246.9M |
| Available For Sale Securities | 89.4M | 80.2M | 123.2M | 87.4M | 95.0M |
| Capital Lease Obligations | 88.8M | 50.0M | 42.2M | 47.1M | 51.1M |
| Construction In Progress | 101.5M | 110.5M | 530.8M | 164.1M | 67.3M |
| Current Capital Lease Obligation | 25.0M | 18.2M | 14.3M | 18.2M | 14.4M |
| Current Deferred Assets | -- | -- | 111.4M | 0.00 | -- |
| Dividends Payable | -- | 0.00 | 29.5M | 6.7M | -- |
| Finished Goods | 55.6M | 44.6M | 37.3M | 44.2M | 66.1M |
| Hedging Assets Current | -- | -- | -- | -- | 8.6M |
| Investmentin Financial Assets | 89.4M | 80.2M | 123.2M | 87.4M | 95.0M |
| Long Term Provisions | 147.9M | 119.5M | 115.1M | 165.0M | 162.9M |
| Non Current Deferred Taxes Assets | 42.1M | 0.00 | -- | 0.00 | 10.0M |
| Non Current Deferred Taxes Liabilities | 347.4M | 459.7M | 464.1M | 574.6M | 672.3M |
| Other Equity Interest | -- | 101.1M | 97.3M | 95.4M | 87.0M |
| Other Payable | 181.1M | 132.5M | 96.5M | 95.6M | 103.3M |
| Other Properties | 2.4B | 2.2B | 1.5B | 1.8B | 1.9B |
| Other Receivables | 13.8M | 42.0M | 138.5M | 17.6M | 32.5M |
| Properties | 4.7B | 4.3B | 3.9B | 4.9B | 4.7B |
| Raw Materials | 375.0M | 294.6M | 187.6M | 276.5M | 245.2M |
| Taxes Receivable | 165.0M | 83.3M | 101.8M | 71.2M | 59.7M |
| Total Tax Payable | 496.2M | 213.6M | 166.2M | 247.1M | 169.3M |
| Treasury Shares Number | 600,000 | 697,060 | 760,495 | 924,527 | 1.2M |
| 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 | 1.7B | 943.3M | 646.5M | 1.0B | 1.2B |
| Depreciation And Amortization | 648.1M | 649.1M | 542.3M | 639.1M | 648.7M |
| Stock Based Compensation | 64.7M | 21.4M | 28.7M | 32.8M | 32.5M |
| Change In Working Capital | -243.7M | -2.1M | -126.9M | -72.6M | -500,000 |
| Change In Receivables | -89.9M | -31.7M | -80.4M | -3.7M | -4.3M |
| Change In Inventory | -151.7M | -73.7M | -37.7M | -47.4M | 63.7M |
| Change In Payable | -5.2M | 126.0M | -6.3M | -17.5M | -64.1M |
| Other Non Cash Items | 294.2M | 27.0M | 86.9M | -96.9M | 30.3M |
| Capital Expenditure | -532.4M | -685.7M | -762.6M | -426.1M | -517.1M |
| Purchase Of PPE | -530.4M | -685.7M | -762.6M | -426.1M | -517.1M |
| Net PPE Purchase And Sale | -529.4M | -685.7M | -762.6M | -426.1M | -517.1M |
| Purchase Of Business | -- | -- | -- | -- | -4.7M |
| Sale Of Business | -- | 0.00 | 16.5M | 2.2M | 27.0M |
| Purchase Of Investment | -4.3M | -2.0M | -10.0M | 0.00 | -- |
| Sale Of Investment | 0.00 | 42.8M | 0.00 | 10.7M | 0.00 |
| Net Investment Purchase And Sale | -4.3M | 40.8M | -10.0M | 10.7M | 0.00 |
| Investing Cash Flow | -507.8M | -630.0M | -820.8M | -521.4M | -511.7M |
| Issuance Of Debt | 1.0B | 1.1B | 642.2M | 50.0M | 984.6M |
| Repayment Of Debt | -1.5B | -1.1B | -400.0M | -50.0M | -1.1B |
| Net Issuance Payments Of Debt | -526.5M | 49.4M | 242.2M | 0.00 | -158.4M |
| Issuance Of Capital Stock | -- | 0.00 | -22.6M | 26.1M | 209.8M |
| Repurchase Of Capital Stock | -89.1M | -40.3M | -79.9M | -128.1M | -134.9M |
| Net Common Stock Issuance | -89.1M | -40.3M | -102.5M | -102.0M | 74.9M |
| Common Stock Dividend Paid | -- | -- | -200.4M | -166.6M | -129.9M |
| Common Stock Payments | -89.1M | -40.3M | -79.9M | -128.1M | -134.9M |
| Financing Cash Flow | -1.1B | -439.1M | -276.6M | -380.1M | -421.3M |
| Effect Of Exchange Rate Changes | 59.0M | -7.2M | 17.0M | -70.7M | -31.8M |
| Changes In Cash | 10.1M | -125.8M | -450.9M | 115.6M | 223.3M |
| Beginning Cash Position | 384.2M | 517.2M | 951.1M | 906.2M | 714.7M |
| End Cash Position | 453.3M | 384.2M | 517.2M | 951.1M | 906.2M |
| Free Cash Flow | 1.1B | 257.6M | -116.1M | 591.0M | 639.2M |
| Capital Expenditure Reported | -2.0M | 0.00 | -762.6M | -426.1M | -517.1M |
| Cash Dividends Paid | -288.2M | -200.0M | -200.4M | -166.6M | -129.9M |
| Change In Prepaid Assets | 3.1M | -22.7M | -2.5M | -4.0M | 4.2M |
| Common Stock Issuance | -- | 0.00 | -22.6M | 26.1M | 209.8M |
| Depreciation | 648.1M | 649.1M | 542.3M | 639.1M | 648.7M |
| Gain Loss On Investment Securities | -12.8M | 1.6M | 50.8M | 7.5M | -62.7M |
| Gain Loss On Sale Of PPE | -- | -- | -- | -- | 2.4M |
| Interest Paid Cff | -- | -- | -- | -- | -26.9M |
| Long Term Debt Issuance | 1.0B | 1.1B | 642.2M | 50.0M | 984.6M |
| Long Term Debt Payments | -1.5B | -1.1B | -400.0M | -50.0M | -1.1B |
| Net Business Purchase And Sale | -- | 0.00 | 16.5M | 2.2M | 22.3M |
| Net Foreign Currency Exchange Gain Loss | 2.4M | 24.5M | 13.5M | 37.8M | 31.5M |
| Net Income From Continuing Operations | 1.3B | 113.9M | 253.5M | 507.1M | 447.9M |
| Net Long Term Debt Issuance | -526.5M | 49.4M | 242.2M | 0.00 | -158.4M |
| Net Other Financing Charges | -- | -- | -52.1M | 2.2M | -97.1M |
| Net Other Investing Changes | 27.9M | 14.9M | -58.9M | -108.2M | -16.9M |
| Provisionand Write Offof Assets | 23.2M | 151.0M | -- | -- | -- |
| Sale Of PPE | 1.0M | 0.00 | -- | -- | -- |
| Taxes Refund Paid | -362.2M | -296.0M | -340.9M | -158.3M | -225.7M |