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 | 4.1B | 3.3B | 2.7B | 3.0B | 3.3B |
| Operating Revenue | 3.7B | 3.2B | 2.8B | 3.1B | 3.3B |
| Cost Of Revenue | 2.7B | 2.3B | 2.1B | 2.3B | 2.0B |
| Gross Profit | 1.4B | 935.8M | 601.5M | 762.6M | 1.4B |
| Selling General And Administration | 63.9M | 58.3M | 66.7M | 53.9M | 52.2M |
| General And Administrative Expense | 63.9M | 58.3M | 66.7M | 53.9M | 52.2M |
| Research And Development | 5.4M | 6.6M | 11.0M | 107.6M | 8.2M |
| Other Operating Expenses | 53.6M | 54.2M | 52.8M | 51.1M | 45.8M |
| Operating Expense | 122.9M | 119.1M | 130.5M | 212.6M | 106.2M |
| Operating Income | 1.3B | 816.7M | 471.1M | 550.0M | 1.3B |
| EBIT | 1.2B | 650.0M | 550.9M | 609.8M | 1.3B |
| Interest Expense | 68.7M | 123.6M | 59.6M | 11.6M | 7.5M |
| Interest Expense Non Operating | 68.7M | 123.6M | 59.6M | 11.6M | 7.5M |
| Interest Income | 14.6M | 16.1M | 10.9M | 4.2M | 613,000 |
| Interest Income Non Operating | 14.6M | 16.1M | 10.9M | 4.2M | 613,000 |
| Net Interest Income | -75.0M | -119.0M | -71.7M | -49.8M | -32.3M |
| Other Income Expense | -52.4M | -171.3M | 91.8M | 98.0M | 13.8M |
| Other Non Operating Income Expenses | -29.1M | 15.6M | -18.8M | -72.0M | -14.8M |
| Special Income Charges | -17.9M | -179.8M | 5.7M | 18.8M | 9.4M |
| Write Off | 0.00 | 22.1M | 0.00 | -- | -- |
| Gain On Sale Of Security | -5.4M | -7.1M | 104.9M | 147.9M | -5.7M |
| Earnings From Equity Interest | -- | -- | -60,000 | 3.3M | 24.9M |
| Pretax Income | 1.1B | 526.4M | 491.2M | 598.2M | 1.2B |
| Tax Provision | -270.0M | 258.8M | 214.4M | 134.6M | 365.7M |
| Tax Effect Of Unusual Items | -3.5M | -28.0M | 44.2M | 37.5M | 1.1M |
| Net Income From Continuing And Discontinued Operation | 1.3B | -203.5M | 241.6M | 426.9M | 780.3M |
| Net Income From Continuing Operation Net Minority Interest | 1.0B | 125.4M | 203.2M | 426.9M | 780.3M |
| Net Income Including Noncontrolling Interests | 1.7B | -61.3M | 315.2M | 463.5M | 879.3M |
| Minority Interests | -370.5M | -142.2M | -73.7M | -36.7M | -99.0M |
| Net Income Common Stockholders | 1.3B | -203.5M | 241.6M | 426.9M | 780.3M |
| Net Income | 1.3B | -203.5M | 241.6M | 426.9M | 780.3M |
| EBITDA | 1.8B | 1.2B | 1.0B | 1.2B | 1.8B |
| Normalized EBITDA | 1.9B | 1.4B | 938.1M | 997.8M | 1.8B |
| Reconciled Depreciation | 618.9M | 574.2M | 497.9M | 554.8M | 522.8M |
| Basic EPS | -- | -0.26 | 0.31 | 0.56 | 1.06 |
| Diluted EPS | -- | -0.26 | 0.31 | 0.56 | 1.06 |
| Basic Average Shares | -- | 774.8M | 772.5M | 762.5M | 736.8M |
| Diluted Average Shares | -- | 774.8M | 773.3M | 763.6M | 739.3M |
| Total Unusual Items | -23.3M | -186.9M | 110.6M | 166.8M | 3.7M |
| Total Unusual Items Excluding Goodwill | -23.3M | -186.9M | 110.6M | 166.8M | 3.7M |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.40 | 0.23 | 0.29 |
| Normalized Income | 1.1B | 284.3M | 136.8M | 297.6M | 777.7M |
| Diluted NI Availto Com Stockholders | 1.3B | -203.5M | 241.6M | 426.9M | 780.3M |
| Gain On Sale Of Business | 3.0M | 0.00 | 5.7M | 18.8M | 0.00 |
| Gain On Sale Of Ppe | -20.9M | -8.3M | -- | -5.1M | -6.6M |
| Impairment Of Capital Assets | 0.00 | 149.4M | 0.00 | -- | -- |
| Net Income Continuous Operations | 1.4B | 267.6M | 276.9M | 463.5M | 879.3M |
| Net Income Discontinuous Operations | 235.8M | -328.9M | 38.4M | -- | -- |
| Net Non Operating Interest Income Expense | -75.0M | -119.0M | -71.7M | -49.8M | -32.3M |
| Other Gand A | 63.9M | 58.3M | 66.7M | 53.9M | 52.2M |
| Other Special Charges | -- | 36.1M | -- | -- | -16.0M |
| Reconciled Cost Of Revenue | 2.7B | 2.3B | 2.1B | 2.3B | 2.0B |
| Total Expenses | 2.8B | 2.5B | 2.3B | 2.5B | 2.1B |
| Total Other Finance Cost | 20.9M | 11.5M | 22.9M | 42.4M | 25.4M |
| 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 | 296.2M | 357.5M | 268.8M | 191.4M | 594.1M |
| Cash Cash Equivalents And Short Term Investments | 304.3M | 407.6M | 268.8M | 191.4M | 594.1M |
| Cash Equivalents | 21.8M | 160.3M | 71.3M | 33.2M | 60.5M |
| Cash Financial | 274.4M | 197.2M | 197.5M | 158.2M | 533.6M |
| Other Short Term Investments | 8.1M | 50.1M | 0.00 | -- | -- |
| Accounts Receivable | 673.6M | 347.8M | 643.7M | 430.7M | 507.7M |
| Receivables | 829.6M | 482.7M | 814.5M | 594.8M | 662.3M |
| Inventory | 587.6M | 607.4M | 599.4M | 296.7M | 227.4M |
| Prepaid Assets | 22.3M | 42.6M | 48.9M | 53.8M | 26.0M |
| Other Current Assets | 53.6M | 5.9M | 21.4M | 38.6M | 16.8M |
| Current Assets | 2.0B | 2.9B | 1.8B | 1.2B | 1.5B |
| Gross PPE | 10.5B | 10.2B | 12.8B | 10.4B | 9.1B |
| Accumulated Depreciation | -3.5B | -4.0B | -5.1B | -4.5B | -4.0B |
| Net PPE | 7.0B | 6.2B | 7.7B | 6.0B | 5.0B |
| Goodwill | 134.3M | 134.3M | 240.6M | 237.3M | 243.0M |
| Goodwill And Other Intangible Assets | 161.4M | 169.8M | 287.2M | 258.3M | 249.6M |
| Other Intangible Assets | 27.1M | 35.5M | 46.5M | 21.0M | -- |
| Investments And Advances | 22.8M | 10.0M | 14.3M | 12.1M | 15.1M |
| Long Term Equity Investment | -- | -- | -- | 380,000 | 15.1M |
| Other Non Current Assets | 871.2M | 889.7M | 866.0M | 700.0M | 789.3M |
| Total Non Current Assets | 8.8B | 7.5B | 9.1B | 7.0B | 6.1B |
| Total Assets | 10.8B | 10.4B | 10.9B | 8.2B | 7.6B |
| Current Debt | 180.8M | 344.6M | 212.6M | 170.1M | 14.6M |
| Current Debt And Capital Lease Obligation | 226.4M | 395.2M | 212.6M | 170.1M | 14.6M |
| Accounts Payable | 363.0M | 297.7M | 393.8M | 315.9M | 199.5M |
| Payables | 544.4M | 539.9M | 617.3M | 488.7M | 548.8M |
| Payables And Accrued Expenses | 544.4M | 539.9M | 617.3M | 488.7M | 548.8M |
| Current Deferred Revenue | 250.1M | 280.8M | 286.3M | 196.8M | 165.4M |
| Other Current Liabilities | 169.8M | 432.5M | 26.4M | 24.4M | 25.0M |
| Current Liabilities | 1.2B | 1.7B | 1.2B | 950.1M | 787.5M |
| Long Term Debt | 56.3M | 1.4B | 1.3B | 27.2M | 16.4M |
| Long Term Debt And Capital Lease Obligation | 223.2M | 1.6B | 1.3B | 27.2M | 16.4M |
| Long Term Capital Lease Obligation | 166.9M | 198.6M | 229.5M | 13.4M | -- |
| Other Non Current Liabilities | 118.9M | 129.6M | 133.2M | 24.9M | 19.2M |
| Total Non Current Liabilities Net Minority Interest | 1.6B | 3.2B | 3.2B | 1.8B | 1.9B |
| Total Liabilities Net Minority Interest | 2.9B | 4.9B | 4.4B | 2.7B | 2.6B |
| Common Stock | 5.3B | 4.6B | 4.6B | 4.6B | 4.2B |
| Capital Stock | 5.3B | 4.6B | 4.6B | 4.6B | 4.2B |
| Additional Paid In Capital | 56.3M | 51.3M | 55.2M | 55.8M | 58.2M |
| Retained Earnings | 1.3B | 161.1M | 627.9M | 592.4M | 437.2M |
| Gains Losses Not Affecting Retained Earnings | -23.2M | -375.8M | -296.6M | -342.3M | -249.9M |
| Other Equity Adjustments | -23.2M | -375.8M | -296.6M | -342.3M | -- |
| Common Stock Equity | 6.6B | 4.4B | 5.0B | 4.9B | 4.4B |
| Stockholders Equity | 6.6B | 4.4B | 5.0B | 4.9B | 4.4B |
| Total Equity Gross Minority Interest | 7.9B | 5.5B | 6.4B | 5.4B | 5.0B |
| Minority Interest | 1.3B | 1.1B | 1.5B | 564.1M | 547.6M |
| Total Capitalization | 6.7B | 5.8B | 6.2B | 4.9B | 4.5B |
| Net Tangible Assets | 6.5B | 4.3B | 4.7B | 4.6B | 4.2B |
| Tangible Book Value | 6.5B | 4.3B | 4.7B | 4.6B | 4.2B |
| Working Capital | 795.8M | 1.2B | 581.1M | 268.6M | 739.0M |
| Invested Capital | 6.9B | 6.2B | 6.4B | 5.1B | 4.5B |
| Total Debt | 449.6M | 2.0B | 1.5B | 197.3M | 31.0M |
| Net Debt | -- | 1.4B | 1.2B | 5.9M | -- |
| Share Issued | 854.3M | 774.1M | 773.7M | 770.7M | 735.0M |
| Ordinary Shares Number | 854.3M | 774.1M | 773.7M | 770.7M | 735.0M |
| Assets Held For Sale Current | 229.1M | 1.4B | 0.00 | -- | -- |
| Available For Sale Securities | 22.8M | 10.0M | 14.3M | -- | -- |
| Capital Lease Obligations | 212.5M | 249.2M | 277.2M | 27.2M | -- |
| Construction In Progress | 2.8B | 1.6B | 1.5B | 1.1B | 349.2M |
| Current Capital Lease Obligation | 45.6M | 50.6M | 47.7M | 13.8M | -- |
| Current Deferred Liabilities | 260.1M | 290.8M | 296.3M | 196.8M | 165.4M |
| Current Provisions | 39.8M | 53.3M | 57.5M | 70.0M | 33.8M |
| Derivative Product Liabilities | 0.00 | 24.5M | 3.1M | 27.9M | 42.5M |
| Dividends Payable | -- | -- | -- | -- | 15.0M |
| Employee Benefits | -- | 768,000 | 6.8M | 5.6M | 8.1M |
| Financial Assets | -- | 665,000 | 53.8M | 25.1M | 0.00 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | -- | -- | 14.3M | 12.1M | -- |
| Finished Goods | 67.7M | 139.2M | 77.8M | 42.2M | 84.8M |
| Hedging Assets Current | 9.8M | 1.0M | 38.1M | 43.5M | 0.00 |
| Income Tax Payable | 75.7M | 128.3M | 62.9M | 45.0M | 226.3M |
| Investmentin Financial Assets | 22.8M | 10.0M | 14.3M | 12.1M | -- |
| Investmentsin Associatesat Cost | -- | -- | -- | 380,000 | 15.1M |
| Long Term Provisions | 276.1M | 323.3M | 529.7M | 422.3M | 414.2M |
| Machinery Furniture Equipment | 3.8B | 4.4B | 5.3B | 3.8B | 3.4B |
| Non Current Deferred Assets | 719.6M | 191.3M | 170.2M | 3.8M | 12.1M |
| Non Current Deferred Liabilities | 1.0B | 1.1B | 1.3B | 1.3B | 1.4B |
| Non Current Deferred Revenue | 404.2M | 447.1M | 535.4M | 580.0M | 617.3M |
| Non Current Deferred Taxes Assets | 719.6M | 191.3M | 170.2M | 3.8M | 12.1M |
| Non Current Deferred Taxes Liabilities | 611.6M | 643.8M | 751.7M | 709.6M | 738.9M |
| Non Current Pension And Other Postretirement Benefit Plans | -- | 768,000 | 6.8M | 5.6M | 8.1M |
| Other Current Borrowings | 180.8M | 344.6M | 212.6M | 170.1M | 14.6M |
| Other Payable | 105.7M | 113.9M | 160.5M | 127.8M | 107.9M |
| Other Receivables | 60.0M | 67.5M | 56.2M | 26.6M | 31.9M |
| Raw Materials | 519.9M | 468.2M | 521.6M | 254.5M | 227.4M |
| Taxes Receivable | 96.0M | 67.4M | 114.6M | 137.4M | 122.8M |
| Total Tax Payable | 75.7M | 128.3M | 62.9M | 45.0M | 226.3M |
| 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 | 1.3B | 1.5B | 1.0B | 876.9M | 1.5B |
| Cash Flow From Continuing Operating Activities | 1.2B | 1.3B | 827.2M | 876.9M | 1.5B |
| Depreciation Amortization Depletion | 618.9M | 574.2M | 497.9M | 554.8M | 522.8M |
| Stock Based Compensation | 12.4M | 6.4M | 7.3M | 7.8M | 14.8M |
| Deferred Tax | -569.7M | -36.1M | 72.9M | -15.3M | 92.0M |
| Deferred Income Tax | -569.7M | -36.1M | 72.9M | -15.3M | 92.0M |
| Change In Working Capital | -408.2M | 214.5M | -91.9M | -116.1M | -70.7M |
| Change In Receivables | -348.9M | 160.0M | -2.6M | -52.5M | -270.4M |
| Change In Inventory | -33.3M | -79.2M | -71.9M | 10.3M | -68.6M |
| Change In Payables And Accrued Expense | -26.0M | 133.7M | -17.5M | -63.5M | 268.3M |
| Change In Payable | -26.0M | 133.7M | -17.5M | -63.5M | 268.3M |
| Other Non Cash Items | 14.3M | 55.3M | 29.3M | -29.9M | -21.1M |
| Capital Expenditure | -684.6M | -786.1M | -857.1M | -842.9M | -532.1M |
| Purchase Of PPE | -684.6M | -786.1M | -857.1M | -842.9M | -532.1M |
| Net PPE Purchase And Sale | -684.6M | -786.1M | -857.1M | -842.9M | -532.1M |
| Purchase Of Business | -610.7M | 0.00 | -648.6M | -126.4M | 0.00 |
| Sale Of Business | 2.0B | 0.00 | 5.7M | 16.8M | 0.00 |
| Purchase Of Investment | -5.0M | -41.7M | 0.00 | -- | -- |
| Net Investment Purchase And Sale | -5.0M | -41.7M | 0.00 | -- | -- |
| Investing Cash Flow | 631.0M | -1.0B | -1.7B | -1.0B | -520.0M |
| Cash Flow From Continuing Investing Activities | 707.2M | -834.9M | -1.5B | -1.0B | -520.0M |
| Issuance Of Debt | 1.7B | 1.5B | 2.5B | 282.9M | 33.2M |
| Repayment Of Debt | -3.3B | -1.0B | -1.5B | -181.0M | -213.7M |
| Net Issuance Payments Of Debt | -1.6B | 496.2M | 994.7M | 102.0M | -180.5M |
| Issuance Of Capital Stock | 10.2M | 21.0M | 11.4M | 26.2M | 15.3M |
| Repurchase Of Capital Stock | -153.7M | -24.4M | 0.00 | -59.4M | -40.7M |
| Net Common Stock Issuance | -143.5M | -3.4M | 11.4M | -33.2M | -25.4M |
| Common Stock Dividend Paid | -243.7M | -354.5M | -206.5M | -275.4M | -227.4M |
| Common Stock Payments | -153.7M | -24.4M | 0.00 | -59.4M | -40.7M |
| Financing Cash Flow | -2.1B | -344.3M | 728.6M | -251.6M | -496.6M |
| Cash Flow From Continuing Financing Activities | -2.1B | -342.9M | 711.9M | -251.6M | -496.6M |
| Effect Of Exchange Rate Changes | 1.5M | -4.2M | 6.7M | -14.6M | -15.7M |
| Changes In Cash | -115.6M | 167.7M | 70.7M | -388.1M | 468.3M |
| Beginning Cash Position | 432.3M | 268.8M | 191.4M | 594.1M | 141.4M |
| End Cash Position | 296.2M | 357.5M | 268.8M | 191.4M | 594.1M |
| Free Cash Flow | 658.0M | 732.8M | 159.5M | 34.0M | 952.9M |
| Income Tax Paid Supplemental Data | 396.4M | 184.4M | 110.5M | 304.2M | 130.0M |
| Asset Impairment Charge | 109.1M | 153.2M | 49.8M | 65.4M | 65.0M |
| Cash Dividends Paid | -243.7M | -354.5M | -206.5M | -275.4M | -227.4M |
| Cash From Discontinued Financing Activities | -8.9M | -1.4M | 16.7M | -- | -- |
| Cash From Discontinued Investing Activities | -76.2M | -172.0M | -155.7M | -- | -- |
| Cash From Discontinued Operating Activities | 134.7M | 207.5M | 189.4M | -- | -- |
| Common Stock Issuance | 10.2M | 21.0M | 11.4M | 26.2M | 15.3M |
| Dividends Received Cfi | -- | -- | 0.00 | 18.0M | 32.2M |
| Earnings Losses From Equity Investments | -- | -- | -- | -3.3M | -24.9M |
| Gain Loss On Investment Securities | -- | -- | -- | -69.0M | 3.8M |
| Interest Paid Cff | -66.9M | -118.5M | -57.1M | -9.8M | -7.3M |
| Interest Received Cfi | 14.6M | 15.5M | 10.3M | 4.2M | 562,000 |
| Long Term Debt Issuance | 1.7B | 1.5B | 2.5B | 282.9M | 33.2M |
| Long Term Debt Payments | -3.3B | -1.0B | -1.5B | -181.0M | -213.7M |
| Net Business Purchase And Sale | 1.4B | 0.00 | -642.9M | -109.6M | 0.00 |
| Net Foreign Currency Exchange Gain Loss | 13.4M | 76.3M | -14.8M | -47.8M | 27.6M |
| Net Income From Continuing Operations | 1.4B | 267.6M | 276.9M | 463.5M | 879.3M |
| Net Long Term Debt Issuance | -1.6B | 496.2M | 994.7M | 102.0M | -180.5M |
| Net Other Financing Charges | -41.3M | -12.7M | -30.5M | -35.1M | -56.0M |
| Net Other Investing Changes | -11.2M | -22.6M | -29.2M | -83.1M | -20.1M |
| Operating Gains Losses | 13.4M | 76.3M | -14.8M | -47.8M | 2.8M |
| Other Cash Adjustment Outside Changein Cash | -22.0M | -74.8M | 0.00 | -- | -- |
| Proceeds From Stock Option Exercised | 0.00 | -350.0M | 0.00 | -- | -- |
| Unrealized Gain Loss On Investment Securities | -- | -- | -1.8M | -5.5M | -- |