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 | 2.2B | 2.0B | 1.7B | 1.5B | 1.5B |
| Operating Revenue | 2.2B | 2.0B | 1.7B | 1.5B | 1.5B |
| Cost Of Revenue | 1.5B | 1.5B | 1.3B | 1.2B | 1.4B |
| Gross Profit | 743.2M | 553.8M | 392.5M | 276.9M | 131.0M |
| Selling General And Administration | 93.2M | 55.6M | 37.8M | 32.5M | 43.0M |
| Depreciation And Amortization In Income Statement | 1.5M | 1.4M | 1.4M | 1.4M | 1.8M |
| Other Operating Expenses | 75.1M | 64.2M | 39.9M | -69.2M | 60.7M |
| Operating Expense | 183.0M | 135.8M | 92.3M | -26.2M | 103.8M |
| Operating Income | 560.2M | 418.0M | 300.2M | 303.1M | 27.3M |
| EBIT | 1.0B | 352.3M | 257.7M | 191.3M | -85.3M |
| Interest Expense | 89.6M | 100.7M | 105.9M | 95.4M | 117.4M |
| Interest Expense Non Operating | 89.6M | 100.7M | 105.9M | 95.4M | 117.4M |
| Interest Income | 22.3M | 15.7M | 8.1M | 2.6M | 997,000 |
| Interest Income Non Operating | 22.3M | 15.7M | 8.1M | 2.6M | 997,000 |
| Net Interest Income | -78.4M | -100.5M | -115.4M | -110.8M | -161.1M |
| Other Income Expense | 430.2M | -65.9M | -33.0M | -96.5M | -68.9M |
| Other Non Operating Income Expenses | -- | -10.7M | -11.2M | -3.4M | -293,000 |
| Special Income Charges | 354.2M | -28.6M | -13.0M | -97.3M | -14.0M |
| Restructuring And Mergern Acquisition | -14.8M | 1.2M | 9.8M | 11.3M | 6.9M |
| Gain On Sale Of Security | 76.0M | -26.6M | -8.8M | 4.2M | -54.7M |
| Pretax Income | 912.0M | 251.6M | 151.8M | 95.8M | -202.8M |
| Tax Provision | 347.7M | 183.8M | 82.3M | 25.4M | 41.6M |
| Tax Effect Of Unusual Items | 164.0M | -8.3M | -8.7M | -24.7M | -18.2M |
| Net Income From Continuing And Discontinued Operation | 568.5M | 76.7M | 66.4M | 70.4M | -244.4M |
| Net Income From Continuing Operation Net Minority Interest | 568.5M | 76.7M | 66.4M | 70.4M | -244.4M |
| Net Income Including Noncontrolling Interests | 564.3M | 67.8M | 69.5M | 70.4M | -244.4M |
| Minority Interests | 4.2M | 8.9M | -3.1M | 0.00 | -- |
| Net Income Common Stockholders | 568.5M | 76.7M | 66.4M | 70.4M | -244.4M |
| Net Income | 568.5M | 76.7M | 66.4M | 70.4M | -244.4M |
| EBITDA | 1.4B | 780.3M | 650.8M | 530.3M | 274.4M |
| Normalized EBITDA | 1.0B | 835.5M | 672.6M | 623.4M | 343.1M |
| Reconciled Depreciation | 441.2M | 428.0M | 393.1M | 339.1M | 359.8M |
| Basic EPS | 1.44 | 0.20 | 0.22 | 0.27 | -0.93 |
| Diluted EPS | 1.44 | 0.20 | 0.22 | 0.27 | -0.93 |
| Basic Average Shares | 395.5M | 376.8M | 310.8M | 261.9M | 261.5M |
| Diluted Average Shares | 396.6M | 377.3M | 311.0M | 262.2M | 261.5M |
| Total Unusual Items | 430.2M | -55.2M | -21.8M | -93.0M | -68.6M |
| Total Unusual Items Excluding Goodwill | 430.2M | -55.2M | -21.8M | -93.0M | -68.6M |
| Tax Rate For Calcs | 0.38 | 0.15 | 0.40 | 0.27 | 0.27 |
| Normalized Income | 302.3M | 123.6M | 79.5M | 138.7M | -193.9M |
| Amortization | -- | 8.5M | 7.0M | 2.7M | 1.8M |
| Amortization Of Intangibles Income Statement | -- | 8.5M | 7.0M | 2.7M | 1.8M |
| Depreciation Amortization Depletion Income Statement | 1.5M | 1.4M | 1.4M | 1.4M | 1.8M |
| Diluted NI Availto Com Stockholders | 568.5M | 76.7M | 66.4M | 70.4M | -244.4M |
| Gain On Sale Of Business | -- | -- | -- | 133.5M | 4.6M |
| Gain On Sale Of Ppe | -3.5M | -27.4M | -7.4M | 3.3M | -7.0M |
| Impairment Of Capital Assets | -322.3M | 0.00 | 0.00 | 95.0M | 0.00 |
| Net Income Continuous Operations | 564.3M | 67.8M | 69.5M | 70.4M | -244.4M |
| Net Non Operating Interest Income Expense | -78.4M | -100.5M | -115.4M | -110.8M | -161.1M |
| Other Special Charges | -20.6M | -- | -4.2M | -5.7M | -- |
| Other Taxes | -- | 0.00 | -3.9M | 0.00 | 7.7M |
| Reconciled Cost Of Revenue | 1.0B | 1.0B | 905.8M | 846.9M | 1.4B |
| Selling And Marketing Expense | 93.2M | 55.6M | 37.8M | 32.5M | -- |
| Total Expenses | 1.7B | 1.6B | 1.4B | 1.2B | 1.5B |
| Total Operating Income As Reported | 916.5M | 400.3M | 297.1M | 214.3M | 18.3M |
| Total Other Finance Cost | 11.1M | 15.5M | 17.6M | 18.0M | 44.7M |
| 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 | 568.9M | 541.8M | 249.8M | 225.7M | 271.0M |
| Cash Cash Equivalents And Short Term Investments | 568.9M | 581.8M | 249.8M | 225.7M | 271.0M |
| Cash Financial | 568.9M | 541.8M | 249.8M | 225.7M | 271.0M |
| Other Short Term Investments | 0.00 | 40.0M | 0.00 | 0.00 | -- |
| Accounts Receivable | 343.8M | 179.1M | 169.8M | 84.1M | 166.5M |
| Receivables | 379.0M | 236.6M | 205.7M | 122.3M | 204.1M |
| Inventory | 199.2M | 197.4M | 207.3M | 155.0M | 158.5M |
| Prepaid Assets | -- | -- | -- | -- | 15.3M |
| Other Current Assets | 15.2M | 17.4M | 6.3M | 20.1M | 15.3M |
| Current Assets | 1.2B | 1.0B | 673.2M | 524.2M | 656.7M |
| Gross PPE | 8.2B | 7.1B | 6.9B | 5.8B | 6.6B |
| Accumulated Depreciation | -3.5B | -3.0B | -2.6B | -2.2B | -2.9B |
| Net PPE | 4.7B | 4.2B | 4.3B | 3.6B | 3.7B |
| Goodwill | 72.6M | 69.2M | 75.3M | 0.00 | -- |
| Goodwill And Other Intangible Assets | 79.7M | 74.7M | 79.3M | 4.8M | 5.9M |
| Other Intangible Assets | 7.1M | 5.5M | 4.0M | 4.8M | 5.9M |
| Investments And Advances | 130.9M | 12.1M | 6.5M | 9.8M | 11.2M |
| Other Non Current Assets | 73.1M | 55.4M | 73.5M | 95.8M | 51.8M |
| Total Non Current Assets | 5.1B | 4.4B | 4.6B | 3.8B | 4.0B |
| Total Assets | 6.2B | 5.5B | 5.3B | 4.3B | 4.6B |
| Current Debt | 472.1M | -- | -- | -- | -- |
| Current Debt And Capital Lease Obligation | 498.8M | 30.5M | 28.9M | 16.2M | 33.5M |
| Accounts Payable | 84.8M | 66.7M | 69.3M | 83.8M | 84.3M |
| Payables | 214.5M | 182.4M | 142.6M | 103.7M | 121.9M |
| Payables And Accrued Expenses | 460.2M | 370.9M | 292.7M | 215.5M | 223.0M |
| Current Accrued Expenses | 245.7M | 188.5M | 150.1M | 111.8M | 101.1M |
| Current Deferred Revenue | 52.1M | 63.1M | 88.3M | 79.7M | 96.9M |
| Other Current Liabilities | 119.9M | 38.3M | 88.4M | 94.8M | 91.0M |
| Current Liabilities | 1.2B | 537.2M | 537.4M | 447.6M | 509.2M |
| Long Term Debt | 536.5M | 1.1B | 1.3B | 1.2B | 1.2B |
| Long Term Debt And Capital Lease Obligation | 565.8M | 1.2B | 1.3B | 1.2B | 1.2B |
| Long Term Capital Lease Obligation | 29.3M | 44.3M | 61.4M | 44.9M | 44.5M |
| Other Non Current Liabilities | 140.6M | 114.4M | 51.7M | 43.3M | 103.2M |
| Total Non Current Liabilities Net Minority Interest | 1.8B | 2.3B | 2.6B | 2.3B | 2.6B |
| Total Liabilities Net Minority Interest | 3.0B | 2.8B | 3.1B | 2.8B | 3.1B |
| Common Stock | 2.7B | 2.6B | 2.2B | 1.8B | 1.8B |
| Capital Stock | 2.7B | 2.6B | 2.2B | 1.8B | 1.8B |
| Retained Earnings | 460.5M | -102.4M | -173.6M | -235.5M | -301.8M |
| Gains Losses Not Affecting Retained Earnings | 102.3M | 14.3M | 30.2M | 26.5M | -182,000 |
| Common Stock Equity | 3.2B | 2.6B | 2.1B | 1.6B | 1.5B |
| Stockholders Equity | 3.2B | 2.6B | 2.1B | 1.6B | 1.5B |
| Total Equity Gross Minority Interest | 3.2B | 2.6B | 2.2B | 1.6B | 1.5B |
| Minority Interest | 0.00 | 94.2M | 110.0M | 0.00 | -- |
| Total Capitalization | 3.8B | 3.7B | 3.4B | 2.8B | 2.7B |
| Net Tangible Assets | 3.2B | 2.5B | 2.0B | 1.6B | 1.5B |
| Tangible Book Value | 3.2B | 2.5B | 2.0B | 1.6B | 1.5B |
| Working Capital | -65.6M | 511.3M | 135.8M | 76.5M | 147.5M |
| Invested Capital | 4.2B | 3.7B | 3.4B | 2.8B | 2.7B |
| Total Debt | 1.1B | 1.2B | 1.4B | 1.2B | 1.3B |
| Net Debt | 439.7M | 565.7M | 1.0B | 958.5M | 909.3M |
| Share Issued | 396.8M | 394.9M | 350.7M | 262.0M | 261.5M |
| Ordinary Shares Number | 396.8M | 394.9M | 350.7M | 262.0M | 261.5M |
| Available For Sale Securities | -- | -- | 637,000 | -- | -- |
| Capital Lease Obligations | 56.0M | 74.8M | 90.3M | 61.0M | 78.0M |
| Construction In Progress | 1.4B | 863.9M | 803.3M | 778.9M | 858.2M |
| Current Capital Lease Obligation | 26.7M | 30.5M | 28.9M | 16.2M | 33.5M |
| Current Deferred Liabilities | 55.1M | 63.1M | 98.0M | 89.5M | 106.7M |
| Current Provisions | 90.2M | 29.9M | 22.3M | 24.1M | 41.0M |
| Derivative Product Liabilities | -- | -- | -- | -- | 68.6M |
| Employee Benefits | 89.9M | 86.5M | 107.9M | 89.6M | 134.8M |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | 130.9M | 12.1M | 6.5M | 9.8M | 11.2M |
| Finished Goods | 76.0M | 81.6M | 61.3M | 68.0M | 79.0M |
| Hedging Assets Current | 600,000 | 14.3M | 1.4M | 577,000 | 7.4M |
| Interest Payable | 13.8M | 15.1M | 16.9M | 16.3M | 16.1M |
| Investmentin Financial Assets | 130.9M | 12.1M | 6.5M | 9.8M | 11.2M |
| Long Term Provisions | 312.6M | 300.8M | 321.9M | 279.2M | 461.5M |
| Machinery Furniture Equipment | 3.6B | 3.3B | 3.3B | 2.7B | 3.0B |
| Non Current Accounts Receivable | 16.1M | 12.9M | 12.2M | 13.3M | 16.1M |
| Non Current Deferred Assets | 66.5M | 102.6M | 151.9M | 125.6M | 133.6M |
| Non Current Deferred Liabilities | 654.7M | 649.5M | 738.0M | 665.3M | 705.9M |
| Non Current Deferred Revenue | 265.0M | 309.1M | 330.8M | 404.9M | 426.4M |
| Non Current Deferred Taxes Assets | 66.5M | 102.6M | 151.9M | 125.6M | 133.6M |
| Non Current Deferred Taxes Liabilities | 375.3M | 340.4M | 407.2M | 251.3M | 261.8M |
| Non Current Pension And Other Postretirement Benefit Plans | 7.5M | 6.2M | 6.0M | 3.3M | 6.3M |
| Other Current Borrowings | 472.1M | -- | -- | -- | -- |
| Other Payable | 12.3M | 15.0M | 19.9M | 15.8M | 22.4M |
| Other Properties | 273.5M | 255.1M | 243.5M | 202.4M | 259.7M |
| Other Receivables | 34.0M | 56.4M | 33.6M | 29.1M | 37.6M |
| Pensionand Other Post Retirement Benefit Plans Current | 4.5M | 4.5M | 7.1M | 7.6M | 14.0M |
| Raw Materials | 123.2M | 115.8M | 146.0M | 87.0M | 73.8M |
| Restricted Cash | 200,000 | 1.0M | 2.7M | 486,000 | 437,000 |
| Taxes Receivable | 1.2M | 1.1M | 2.3M | 9.2M | 0.00 |
| Total Tax Payable | 117.4M | 100.7M | 53.4M | 4.1M | 15.2M |
| Work In Process | -- | -- | -- | 3.1M | 5.6M |
| 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 | 707.3M | 666.2M | 476.9M | 487.8M | 385.1M |
| Cash Flow From Continuing Operating Activities | 706.6M | 666.2M | 476.9M | 487.8M | 385.1M |
| Depreciation And Amortization | 441.2M | 428.0M | 393.1M | 339.1M | 359.8M |
| Depreciation Amortization Depletion | 441.2M | 428.0M | 393.1M | 339.1M | 359.8M |
| Stock Based Compensation | 61.3M | 19.3M | 7.4M | 2.1M | 12.1M |
| Deferred Tax | 347.7M | 183.8M | 82.3M | 25.4M | 41.6M |
| Deferred Income Tax | 347.7M | 183.8M | 82.3M | 25.4M | 41.6M |
| Change In Working Capital | -57.0M | -24.9M | -93.1M | 96.1M | -102.8M |
| Change In Receivables | -141.3M | -36.5M | -70.3M | 88.5M | -61.0M |
| Change In Inventory | -13.6M | 10.0M | 18.2M | -13.0M | -32.8M |
| Change In Payables And Accrued Expense | 52.3M | 43.2M | -31.5M | 2.4M | -11.5M |
| Change In Payable | 52.3M | 43.2M | -31.5M | 2.4M | -11.5M |
| Change In Other Working Capital | 42.1M | -29.8M | -25.9M | 23.6M | 825,000 |
| Other Non Cash Items | 3.2M | 47.7M | 45.5M | -101.3M | 273.4M |
| Capital Expenditure | -469.5M | -348.9M | -281.1M | -309.0M | -352.2M |
| Purchase Of PPE | -466.7M | -347.1M | -281.1M | -309.0M | -352.2M |
| Net PPE Purchase And Sale | -466.7M | -347.1M | -280.3M | -304.9M | -352.2M |
| Sale Of Business | -- | 0.00 | 11.0M | 0.00 | -- |
| Sale Of Investment | -- | -- | 53,000 | 1.9M | 1.2M |
| Net Investment Purchase And Sale | -21.8M | -43.2M | 100,000 | 1.9M | 1.2M |
| Investing Cash Flow | -468.4M | -382.9M | -271.8M | -337.7M | -376.3M |
| Cash Flow From Continuing Investing Activities | -468.4M | -382.9M | -271.8M | -337.7M | -376.3M |
| Issuance Of Debt | -- | -- | 100.0M | 0.00 | 591.9M |
| Repayment Of Debt | -159.2M | -223.5M | -173.1M | -35.8M | -660.6M |
| Net Issuance Payments Of Debt | -159.2M | -223.5M | -73.1M | -35.8M | -68.7M |
| Issuance Of Capital Stock | 26.8M | 398.0M | 14.2M | 0.00 | -- |
| Net Common Stock Issuance | 26.8M | 398.0M | 14.2M | 0.00 | -- |
| Common Stock Dividend Paid | -5.6M | -5.5M | -4.5M | -4.0M | -4.1M |
| Financing Cash Flow | -214.4M | 10.2M | -182.4M | -196.3M | -175.9M |
| Cash Flow From Continuing Financing Activities | -214.4M | 10.2M | -182.4M | -196.3M | -175.9M |
| Effect Of Exchange Rate Changes | 2.6M | -1.5M | 1.4M | 843,000 | -1.1M |
| Changes In Cash | 24.5M | 293.5M | 22.7M | -46.2M | -167.1M |
| Beginning Cash Position | 541.8M | 249.8M | 225.7M | 271.0M | 439.1M |
| End Cash Position | 568.9M | 541.8M | 249.8M | 225.7M | 271.0M |
| Free Cash Flow | 237.8M | 317.3M | 195.8M | 178.8M | 32.9M |
| Asset Impairment Charge | -318.8M | 27.4M | 0.00 | 95.0M | 2.5M |
| Cash Dividends Paid | -5.6M | -5.5M | -4.5M | -4.0M | -4.1M |
| Change In Prepaid Assets | 3.5M | -11.8M | 16.4M | -5.4M | 1.7M |
| Common Stock Issuance | 26.8M | 398.0M | 14.2M | 0.00 | -- |
| Gain Loss On Investment Securities | 2.3M | 9.2M | 700,000 | 3.6M | 48.8M |
| Interest Paid Cff | -58.4M | -67.9M | -74.0M | -63.8M | -84.4M |
| Interest Received Cfi | 24.0M | 14.4M | 8.0M | 2.8M | 1.3M |
| Long Term Debt Issuance | -- | -- | 100.0M | 0.00 | 591.9M |
| Long Term Debt Payments | -159.2M | -223.5M | -173.1M | -35.8M | -660.6M |
| Net Business Purchase And Sale | -- | 0.00 | 11.0M | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | -18.6M | 21.0M | 5.3M | -5.4M | 1.4M |
| Net Income From Continuing Operations | 564.3M | 67.8M | 69.5M | 70.4M | -244.4M |
| Net Intangibles Purchase And Sale | -2.8M | -1.8M | 0.00 | -- | -- |
| Net Long Term Debt Issuance | -159.2M | -223.5M | -73.1M | -35.8M | -68.7M |
| Net Other Financing Charges | -21.1M | -95.3M | -45.2M | -94.0M | -19.6M |
| Net Other Investing Changes | -1.1M | -5.2M | -10.6M | -37.5M | -26.6M |
| Operating Gains Losses | -11.0M | 42.1M | 13.0M | -191,000 | 58.2M |
| Pension And Employee Benefit Expense | 5.3M | 11.9M | 7.0M | 1.5M | 8.0M |
| Proceeds From Stock Option Exercised | 3.1M | 4.4M | 200,000 | 1.3M | 980,000 |
| Purchase Of Intangibles | -2.8M | -1.8M | 0.00 | -- | -- |
| Sale Of PPE | -- | 0.00 | 800,000 | 4.1M | 0.00 |
| Taxes Refund Paid | -268.4M | -132.5M | -54.8M | -39.6M | -20.1M |
| Unrealized Gain Loss On Investment Securities | -55.2M | 7.5M | 14.0M | 942,000 | 4.8M |