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 | 7.1B | 5.1B | 4.2B | 3.5B | 2.6B |
| Operating Revenue | 7.1B | 5.1B | 4.2B | 3.5B | 2.6B |
| Cost Of Revenue | 3.3B | 3.3B | 3.1B | 2.9B | 2.1B |
| Gross Profit | 3.7B | 1.9B | 1.2B | 515.4M | 541.1M |
| Selling General And Administration | 139.9M | 126.2M | 108.7M | 129.8M | 114.4M |
| General And Administrative Expense | 139.9M | 126.2M | 108.7M | 129.8M | 114.4M |
| Other Operating Expenses | -- | 252.7M | 286.5M | 293.4M | 365.2M |
| Operating Expense | 487.7M | 378.9M | 395.2M | 423.2M | 479.6M |
| Operating Income | 3.2B | 1.5B | 764.4M | 92.2M | 61.5M |
| EBIT | 3.3B | 1.5B | 777.6M | 174.9M | 155.9M |
| Interest Expense | 81.8M | 50.5M | 69.0M | 68.2M | 71.6M |
| Interest Expense Non Operating | 81.8M | 50.5M | 69.0M | 68.2M | 71.6M |
| Interest Income | 73.0M | 18.2M | 40.5M | 18.3M | 10.8M |
| Interest Income Non Operating | 73.0M | 18.2M | 40.5M | 18.3M | 10.8M |
| Net Interest Income | -8.8M | -32.3M | -28.5M | -49.9M | -60.8M |
| Other Income Expense | -24.6M | 14.3M | -27.3M | 64.4M | 83.6M |
| Other Non Operating Income Expenses | -24.6M | 14.3M | -27.3M | -1.1M | 2.3M |
| Special Income Charges | -- | -- | -14.8M | 65.5M | 81.3M |
| Gain On Sale Of Security | -- | -- | -12.5M | -1.1M | -5.7M |
| Pretax Income | 3.2B | 1.5B | 708.6M | 106.7M | 84.3M |
| Tax Provision | 724.7M | 487.4M | 293.2M | 76.1M | 115.0M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 16.9M | 21.5M |
| Net Income From Continuing And Discontinued Operation | 2.4B | 948.8M | 416.3M | -605.2M | 221.2M |
| Net Income From Continuing Operation Net Minority Interest | 2.4B | 948.8M | 416.3M | 31.1M | -28.2M |
| Net Income Including Noncontrolling Interests | 2.5B | 994.0M | 415.4M | -605.7M | 218.7M |
| Minority Interests | -79.9M | -45.2M | 900,000 | 500,000 | 2.5M |
| Net Income Common Stockholders | 2.4B | 948.8M | 416.3M | -605.2M | 221.2M |
| Net Income | 2.4B | 948.8M | 416.3M | -605.2M | 221.2M |
| EBITDA | 4.4B | 2.7B | 1.8B | 958.9M | 851.6M |
| Normalized EBITDA | 4.4B | 2.7B | 1.8B | 894.5M | 770.3M |
| Reconciled Depreciation | 1.1B | 1.1B | 986.8M | 784.0M | 695.7M |
| Basic EPS | 1.96 | 0.77 | 0.34 | -0.47 | 0.18 |
| Diluted EPS | 1.95 | 0.77 | 0.34 | -0.47 | 0.17 |
| Basic Average Shares | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B |
| Diluted Average Shares | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B |
| Total Unusual Items | -- | -- | -27.3M | 64.4M | 81.3M |
| Total Unusual Items Excluding Goodwill | -- | -- | -27.3M | 64.4M | 81.3M |
| Tax Rate For Calcs | 0.23 | 0.33 | 0.40 | 0.26 | 0.27 |
| Normalized Income | 2.4B | 948.8M | 416.3M | -16.4M | -88.0M |
| Diluted NI Availto Com Stockholders | 2.4B | 948.8M | 416.3M | -605.2M | 221.2M |
| Gain On Sale Of Ppe | -- | -- | -14.8M | -14.3M | -9.8M |
| Net Income Continuous Operations | 2.5B | 994.0M | 415.4M | 30.6M | -30.7M |
| Net Income Discontinuous Operations | -- | -- | 0.00 | -636.3M | 249.4M |
| Net Non Operating Interest Income Expense | -8.8M | -32.3M | -28.5M | -49.9M | -60.8M |
| Other Gand A | 139.9M | 126.2M | 108.7M | 129.8M | 114.4M |
| Other Special Charges | -- | -- | -- | -79.8M | -91.1M |
| Reconciled Cost Of Revenue | 3.3B | 3.3B | 3.1B | 2.9B | 2.1B |
| Total Expenses | 3.8B | 3.6B | 3.5B | 3.4B | 2.5B |
| Total Operating Income As Reported | 3.3B | 1.5B | 801.4M | 117.7M | 72.1M |
| 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 | 1.7B | 611.5M | 352.4M | 418.1M | 531.5M |
| Cash Cash Equivalents And Short Term Investments | 1.7B | 611.5M | 352.4M | 418.1M | 531.5M |
| Cash Equivalents | 855.4M | 329.9M | 154.0M | 148.3M | 144.7M |
| Cash Financial | 886.8M | 281.6M | 198.4M | 269.8M | 386.8M |
| Accounts Receivable | -- | -- | -- | -- | 3.3M |
| Receivables | 84.2M | 97.2M | 106.6M | 159.2M | 176.2M |
| Inventory | 1.4B | 1.2B | 1.2B | 1.1B | 1.2B |
| Prepaid Assets | 61.6M | 60.1M | 57.6M | 41.7M | 48.5M |
| Other Current Assets | 16.6M | 4.5M | 15.0M | 125.8M | -- |
| Current Assets | 3.3B | 2.1B | 1.8B | 1.9B | 1.9B |
| Gross PPE | 23.0B | 21.7B | 20.5B | 19.2B | 21.6B |
| Accumulated Depreciation | -14.7B | -13.7B | -12.5B | -11.4B | -14.0B |
| Net PPE | 8.3B | 8.0B | 8.0B | 7.8B | 7.7B |
| Goodwill | -- | -- | -- | 0.00 | 158.8M |
| Goodwill And Other Intangible Assets | -- | -- | -- | 0.00 | 158.8M |
| Investments And Advances | 148.9M | 65.6M | 61.2M | 123.0M | 105.3M |
| Long Term Equity Investment | 49.6M | 13.7M | 6.5M | 6.1M | 7.1M |
| Other Investments | -- | -- | -- | -- | 98.2M |
| Other Non Current Assets | 503.7M | 577.3M | 589.2M | 471.0M | 411.9M |
| Total Non Current Assets | 9.1B | 8.7B | 8.7B | 8.5B | 8.5B |
| Total Assets | 12.4B | 10.9B | 10.5B | 10.4B | 10.4B |
| Current Debt | -- | -- | -- | 36.0M | 40.0M |
| Current Debt And Capital Lease Obligation | -- | 199.9M | 10.1M | 60.5M | 59.7M |
| Accounts Payable | 129.6M | 83.9M | 113.7M | 119.1M | 87.8M |
| Payables | 725.3M | 320.6M | 206.6M | 208.5M | 182.8M |
| Payables And Accrued Expenses | 1.3B | 779.7M | 624.4M | 639.4M | 587.7M |
| Current Accrued Expenses | 586.8M | 459.1M | 417.8M | 430.9M | 404.9M |
| Other Current Liabilities | 13.3M | 18.0M | 12.3M | 800,000 | 4.0M |
| Current Liabilities | 1.4B | 1.1B | 685.5M | 751.5M | 741.4M |
| Long Term Debt | 738.2M | 1.2B | 2.2B | 2.6B | 1.6B |
| Long Term Debt And Capital Lease Obligation | 738.2M | 1.2B | 2.2B | 2.6B | 1.6B |
| Long Term Capital Lease Obligation | -- | -- | 17.5M | 23.1M | 35.1M |
| Other Non Current Liabilities | 64.8M | 78.9M | 99.9M | 125.3M | 127.4M |
| Total Non Current Liabilities Net Minority Interest | 2.3B | 2.8B | 3.7B | 3.8B | 3.0B |
| Total Liabilities Net Minority Interest | 3.7B | 3.9B | 4.4B | 4.5B | 3.8B |
| Common Stock | 4.4B | 4.5B | 4.5B | 4.4B | 4.4B |
| Capital Stock | 4.4B | 4.5B | 4.5B | 4.4B | 4.4B |
| Additional Paid In Capital | 10.1B | 10.6B | 10.6B | 10.7B | 10.7B |
| Retained Earnings | -5.9B | -8.2B | -9.0B | -9.3B | -8.5B |
| Gains Losses Not Affecting Retained Earnings | -300,000 | -87.4M | -61.3M | -41.7M | -18.8M |
| Other Equity Adjustments | -- | -87.4M | -61.3M | -41.7M | -18.8M |
| Common Stock Equity | 8.6B | 6.9B | 6.1B | 5.8B | 6.6B |
| Stockholders Equity | 8.6B | 6.9B | 6.1B | 5.8B | 6.6B |
| Total Equity Gross Minority Interest | 8.7B | 7.0B | 6.2B | 5.9B | 6.6B |
| Minority Interest | 118.1M | 139.0M | 102.0M | 58.5M | 68.7M |
| Total Capitalization | 9.3B | 8.1B | 8.3B | 8.4B | 8.2B |
| Net Tangible Assets | 8.6B | 6.9B | 6.1B | 5.8B | 6.4B |
| Tangible Book Value | 8.6B | 6.9B | 6.1B | 5.8B | 6.4B |
| Working Capital | 1.9B | 1.1B | 1.1B | 1.1B | 1.2B |
| Invested Capital | 9.3B | 8.1B | 8.3B | 8.4B | 8.2B |
| Total Debt | 738.2M | 1.4B | 2.2B | 2.6B | 1.7B |
| Net Debt | -- | 624.0M | 1.9B | 2.2B | 1.1B |
| Share Issued | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Ordinary Shares Number | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Available For Sale Securities | 99.3M | 51.9M | 54.7M | 116.9M | 98.2M |
| Capital Lease Obligations | -- | -- | 27.6M | 47.6M | 54.8M |
| Construction In Progress | -- | 46.6M | 39.5M | 60.1M | 45.8M |
| Current Capital Lease Obligation | -- | -- | 10.1M | 24.5M | 19.7M |
| Current Deferred Assets | 0.00 | 100.0M | 107.9M | 125.8M | 0.00 |
| Current Deferred Liabilities | -- | -- | -- | -- | 0.00 |
| Current Provisions | 74.2M | 62.5M | 48.8M | 50.8M | 90.0M |
| Financial Assets | -- | -- | -- | 1.5M | 15.1M |
| Finished Goods | 21.7M | 19.4M | 17.3M | 62.0M | 64.0M |
| Hedging Assets Current | -- | -- | 15.0M | 25.5M | 30.0M |
| Income Tax Payable | 595.7M | 236.7M | 92.9M | 89.4M | 95.0M |
| Interest Payable | 20.0M | 31.1M | 36.3M | -- | -- |
| Investmentin Financial Assets | 99.3M | 51.9M | 54.7M | 116.9M | 98.2M |
| Investmentsin Joint Venturesat Cost | 49.6M | 13.7M | 6.5M | 6.1M | 7.1M |
| Land And Improvements | 11.1B | 10.6B | 10.1B | 9.5B | 10.5B |
| Long Term Provisions | 976.6M | 941.5M | 889.9M | 755.9M | 847.9M |
| Non Current Accounts Receivable | 83.0M | 75.5M | 75.4M | 143.7M | 110.8M |
| Non Current Deferred Assets | 25.0M | 5.3M | 12.5M | 4.6M | 13.8M |
| Non Current Deferred Liabilities | 537.8M | 549.0M | 449.7M | 301.5M | 436.8M |
| Non Current Deferred Taxes Assets | 25.0M | 5.3M | 12.5M | 4.6M | 6.5M |
| Non Current Deferred Taxes Liabilities | 537.8M | 549.0M | 449.7M | 301.5M | 436.8M |
| Non Current Prepaid Assets | 72.6M | 46.6M | -- | -- | -- |
| Other Current Borrowings | -- | -- | -- | 36.0M | 40.0M |
| Other Receivables | 30.5M | 52.6M | 58.5M | 59.8M | 86.5M |
| Raw Materials | 1.1B | 1.0B | 996.2M | 927.7M | 975.9M |
| Restricted Cash | 13.5M | 10.2M | 9.8M | 10.1M | 11.4M |
| Taxes Receivable | 53.7M | 44.6M | 48.1M | 99.4M | 89.7M |
| Total Tax Payable | 595.7M | 236.7M | 92.9M | 89.4M | 95.0M |
| Work In Process | 202.0M | 186.9M | 139.5M | 82.5M | 111.4M |
| 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 | 3.8B | 2.4B | 1.6B | 1.1B | 1.1B |
| Cash Flow From Continuing Operating Activities | 3.8B | 2.4B | 1.6B | 1.0B | 695.1M |
| Depreciation Amortization Depletion | 1.1B | 1.1B | 986.8M | 784.0M | 695.7M |
| Stock Based Compensation | 13.1M | 9.0M | 6.7M | 9.3M | 10.8M |
| Deferred Tax | 724.7M | 487.4M | 143.9M | -56.2M | -36.9M |
| Deferred Income Tax | 724.7M | 487.4M | 143.9M | -56.2M | -36.9M |
| Change In Working Capital | 39.7M | 67.8M | 72.8M | -113.3M | -78.9M |
| Changes In Account Receivables | 9.5M | 27.5M | 68.7M | 17.9M | -70.1M |
| Change In Receivables | 9.5M | 27.5M | 68.7M | 17.9M | -70.1M |
| Change In Inventory | -83.9M | 14.3M | -91.4M | -261.6M | -125.0M |
| Change In Payables And Accrued Expense | 114.1M | 26.0M | 95.5M | 130.4M | 116.2M |
| Other Non Cash Items | -200,000 | 6.8M | 86.8M | 117.2M | 84.0M |
| Capital Expenditure | -1.2B | -1.1B | -1.1B | -764.2M | -821.7M |
| Purchase Of PPE | -1.2B | -1.1B | -1.1B | -764.2M | -821.7M |
| Net PPE Purchase And Sale | -1.2B | -1.1B | -1.1B | -764.2M | -821.7M |
| Purchase Of Business | -- | -- | 0.00 | -1.0B | 0.00 |
| Purchase Of Investment | -72.1M | -43.2M | -- | -67.2M | -66.3M |
| Sale Of Investment | 189.8M | 4.8M | -- | -- | -- |
| Net Investment Purchase And Sale | 117.7M | -38.4M | 1.7M | -67.2M | -66.3M |
| Investing Cash Flow | -1.0B | -1.2B | -1.1B | -1.6B | -1.2B |
| Cash Flow From Continuing Investing Activities | -1.1B | -1.2B | -1.2B | -1.9B | -935.6M |
| Issuance Of Debt | -- | 0.00 | 588.1M | 1.3B | 200.0M |
| Repayment Of Debt | -707.2M | -812.1M | -990.2M | -363.2M | -533.8M |
| Net Issuance Payments Of Debt | -707.2M | -812.1M | -402.1M | 934.4M | -333.8M |
| Repurchase Of Capital Stock | -600.3M | 0.00 | 0.00 | -300.8M | -100.2M |
| Net Common Stock Issuance | -600.3M | 0.00 | 0.00 | -300.8M | -100.2M |
| Common Stock Dividend Paid | -152.1M | -147.5M | -147.3M | -154.0M | -151.1M |
| Common Stock Payments | -600.3M | 0.00 | 0.00 | -300.8M | -100.2M |
| Financing Cash Flow | -1.6B | -1.0B | -549.0M | 437.5M | -623.2M |
| Cash Flow From Continuing Financing Activities | -1.6B | -1.0B | -549.0M | 437.5M | -623.2M |
| Effect Of Exchange Rate Changes | 1.7M | -1.5M | 200,000 | -800,000 | 700,000 |
| Changes In Cash | 1.1B | 260.6M | -65.9M | -112.6M | -680.1M |
| Beginning Cash Position | 611.5M | 352.4M | 418.1M | 531.5M | 1.2B |
| End Cash Position | 1.7B | 611.5M | 352.4M | 418.1M | 531.5M |
| Free Cash Flow | 2.6B | 1.4B | 507.0M | 285.9M | 313.5M |
| Asset Impairment Charge | -116.1M | -74.1M | 38.9M | 350.0M | 144.5M |
| Capital Expenditure Reported | -- | -- | -- | -43.7M | -47.8M |
| Cash Dividends Paid | -152.1M | -147.5M | -147.3M | -154.0M | -151.1M |
| Cash Flow From Discontinued Operation | -- | -- | 0.00 | 1.6M | 500,000 |
| Cash From Discontinued Financing Activities | -- | -- | 0.00 | 0.00 | 0.00 |
| Cash From Discontinued Investing Activities | 53.4M | 10.0M | 45.0M | 296.2M | -257.0M |
| Cash From Discontinued Operating Activities | -- | -- | 0.00 | 47.6M | 440.1M |
| Gain Loss On Sale Of Business | -63.0M | 0.00 | -- | -- | -- |
| Interest Paid Cff | -65.2M | -35.6M | -53.2M | -52.4M | -46.9M |
| Interest Received Cfi | 23.0M | -75.6M | -95.9M | -34.9M | -47.8M |
| Long Term Debt Issuance | -- | 0.00 | 588.1M | 1.3B | 200.0M |
| Long Term Debt Payments | -707.2M | -812.1M | -990.2M | -363.2M | -533.8M |
| Net Business Purchase And Sale | -- | -- | 0.00 | -1.0B | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 5.7M | -13.8M | -8.6M | 21.6M | 64.7M |
| Net Income From Continuing Operations | 2.5B | 994.0M | 415.4M | 30.6M | -30.7M |
| Net Long Term Debt Issuance | -707.2M | -812.1M | -402.1M | 934.4M | -333.8M |
| Net Other Financing Charges | -103.2M | -10.7M | 53.6M | 10.3M | 8.8M |
| Net Other Investing Changes | -3.3M | -400,000 | 25.3M | -4.2M | 200,000 |
| Operating Gains Losses | -57.3M | -13.8M | -8.6M | 21.6M | 64.7M |
| Sale Of PPE | -- | -- | -- | -- | 1.3M |
| Taxes Refund Paid | -418.4M | -178.2M | -137.4M | -140.7M | -158.1M |