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 | 5.9B | 3.9B | 3.8B | 4.8B | 2.7B |
| Operating Revenue | 5.9B | 4.0B | 3.9B | 4.8B | 2.7B |
| Cost Of Revenue | 2.4B | 1.6B | 1.5B | 1.7B | 961.9M |
| Gross Profit | 3.5B | 2.4B | 2.4B | 3.1B | 1.7B |
| Selling General And Administration | 423.5M | 361.7M | 370.9M | 397.3M | 216.1M |
| General And Administrative Expense | 175.1M | 108.4M | 97.0M | 84.3M | 60.3M |
| Other Operating Expenses | 1.9B | 1.1B | 969.4M | 923.7M | 675.1M |
| Operating Expense | 2.3B | 1.4B | 1.3B | 1.3B | 891.2M |
| Operating Income | 1.2B | 937.3M | 1.0B | 1.8B | 840.9M |
| EBIT | 1.5B | 1.2B | 1.3B | 2.3B | 2.4B |
| Interest Expense | 141.3M | 89.7M | 88.6M | 62.9M | 43.6M |
| Interest Expense Non Operating | 141.3M | 89.7M | 88.6M | 62.9M | 43.6M |
| Net Interest Income | -141.3M | -89.7M | -88.6M | -62.9M | -43.6M |
| Other Income Expense | 290.3M | 227.7M | 234.8M | 496.4M | 1.6B |
| Special Income Charges | -51.1M | 244.1M | 78.0M | 651.6M | 1.9B |
| Restructuring And Mergern Acquisition | 58.7M | 2.3M | 0.00 | 11.2M | 12.1M |
| Gain On Sale Of Security | 341.4M | -16.4M | 156.8M | -155.2M | -287.5M |
| Pretax Income | 1.3B | 1.1B | 1.2B | 2.2B | 2.4B |
| Tax Provision | 341.0M | 263.0M | 281.7M | 548.5M | 595.5M |
| Tax Effect Of Unusual Items | 74.7M | 55.7M | 56.5M | 122.4M | 395.4M |
| Net Income From Continuing And Discontinued Operation | 984.6M | 812.3M | 889.0M | 1.7B | 1.8B |
| Net Income From Continuing Operation Net Minority Interest | 984.6M | 812.3M | 889.0M | 1.7B | 1.8B |
| Net Income Including Noncontrolling Interests | 984.6M | 812.3M | 889.0M | 1.7B | 1.8B |
| Net Income Common Stockholders | 984.6M | 812.3M | 889.0M | 1.7B | 1.8B |
| Net Income | 984.6M | 812.3M | 889.0M | 1.7B | 1.8B |
| EBITDA | 3.2B | 2.1B | 2.1B | 3.1B | 3.0B |
| Normalized EBITDA | 2.9B | 1.9B | 1.9B | 2.6B | 1.4B |
| Reconciled Depreciation | 1.7B | 975.2M | 865.2M | 806.5M | 546.0M |
| Basic EPS | 0.99 | 1.37 | 1.47 | 2.72 | 2.97 |
| Diluted EPS | 0.99 | 1.36 | 1.46 | 2.70 | 2.95 |
| Basic Average Shares | 993.1M | 594.9M | 605.1M | 616.5M | 598.6M |
| Diluted Average Shares | 997.3M | 598.1M | 608.6M | 621.1M | 603.1M |
| Total Unusual Items | 290.3M | 227.7M | 234.8M | 496.4M | 1.6B |
| Total Unusual Items Excluding Goodwill | 290.3M | 227.7M | 234.8M | 496.4M | 1.6B |
| Tax Rate For Calcs | 0.26 | 0.24 | 0.24 | 0.25 | 0.25 |
| Normalized Income | 769.0M | 640.3M | 710.7M | 1.3B | 597.2M |
| Diluted NI Availto Com Stockholders | 984.6M | 812.3M | 889.0M | 1.7B | 1.8B |
| Excise Taxes | 29.0M | 26.9M | 27.9M | 24.1M | 17.6M |
| Gain On Sale Of Ppe | 7.6M | 246.4M | 78.0M | 2.3M | 23.3M |
| Impairment Of Capital Assets | -- | -- | 0.00 | -660.5M | -1.9B |
| Net Income Continuous Operations | 984.6M | 812.3M | 889.0M | 1.7B | 1.8B |
| Net Non Operating Interest Income Expense | -141.3M | -89.7M | -88.6M | -62.9M | -43.6M |
| Other Gand A | 122.5M | 63.8M | 57.1M | 52.6M | 41.0M |
| Reconciled Cost Of Revenue | 2.4B | 1.6B | 1.5B | 1.7B | 961.9M |
| Salaries And Wages | 52.6M | 44.6M | 39.9M | 31.7M | 19.3M |
| Selling And Marketing Expense | 248.4M | 253.3M | 273.9M | 313.0M | 155.8M |
| Total Expenses | 4.7B | 3.0B | 2.8B | 3.0B | 1.9B |
| 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 | 59.4M | 362.3M | 0.00 | -- | -- |
| Cash Cash Equivalents And Short Term Investments | 59.4M | 362.3M | 0.00 | -- | -- |
| Cash Financial | 59.4M | 362.3M | 0.00 | -- | -- |
| Accounts Receivable | 844.7M | 422.2M | 400.2M | 480.2M | 304.8M |
| Receivables | 844.7M | 422.2M | 400.2M | 480.2M | 304.8M |
| Prepaid Assets | 86.5M | 22.4M | 32.9M | 22.7M | 10.5M |
| Current Assets | 1.2B | 884.3M | 511.5M | 972.4M | 327.9M |
| Gross PPE | 26.2B | 15.4B | 14.4B | 13.2B | 11.4B |
| Accumulated Depreciation | -8.2B | -6.4B | -5.5B | -4.6B | -4.9B |
| Net PPE | 18.0B | 9.0B | 9.0B | 8.5B | 6.5B |
| Total Non Current Assets | 18.1B | 9.1B | 9.1B | 8.6B | 6.6B |
| Total Assets | 19.3B | 10.0B | 9.6B | 9.5B | 6.9B |
| Current Debt | 195.0M | -- | -- | -- | -- |
| Current Debt And Capital Lease Obligation | 258.1M | 15.4M | 7.8M | 6.6M | 3.5M |
| Accounts Payable | 1.3B | 767.1M | 509.0M | 549.1M | 400.4M |
| Payables | 1.4B | 802.8M | 545.4M | 571.4M | 414.2M |
| Payables And Accrued Expenses | 1.4B | 802.8M | 545.4M | 571.4M | 414.2M |
| Current Deferred Revenue | 2.3M | 2.3M | 2.3M | 2.3M | 2.3M |
| Other Current Liabilities | -- | 4.7M | 2.0M | 157.8M | 94.1M |
| Current Liabilities | 1.7B | 836.4M | 567.6M | 754.2M | 539.5M |
| Long Term Debt | 2.9B | 1.0B | 1.4B | 1.8B | 1.1B |
| Long Term Debt And Capital Lease Obligation | 3.5B | 1.1B | 1.4B | 1.9B | 1.1B |
| Long Term Capital Lease Obligation | 637.4M | 103.9M | 18.8M | 22.4M | 26.2M |
| Total Non Current Liabilities Net Minority Interest | 6.6B | 3.4B | 3.6B | 3.7B | 2.6B |
| Total Liabilities Net Minority Interest | 8.3B | 4.2B | 4.1B | 4.5B | 3.1B |
| Common Stock | 9.8B | 4.7B | 4.8B | 4.9B | 5.0B |
| Capital Stock | 9.8B | 4.7B | 4.8B | 4.9B | 5.0B |
| Additional Paid In Capital | 24.1M | 20.6M | 16.9M | 12.2M | 11.0M |
| Retained Earnings | 1.2B | 1.0B | 655.1M | 164.7M | -1.2B |
| Common Stock Equity | 11.0B | 5.7B | 5.5B | 5.0B | 3.7B |
| Stockholders Equity | 11.0B | 5.7B | 5.5B | 5.0B | 3.7B |
| Total Equity Gross Minority Interest | 11.0B | 5.7B | 5.5B | 5.0B | 3.7B |
| Total Capitalization | 13.9B | 6.8B | 6.8B | 6.9B | 4.8B |
| Net Tangible Assets | 11.0B | 5.7B | 5.5B | 5.0B | 3.7B |
| Tangible Book Value | 11.0B | 5.7B | 5.5B | 5.0B | 3.7B |
| Working Capital | -503.5M | 47.9M | -56.1M | 218.2M | -211.6M |
| Invested Capital | 14.1B | 6.8B | 6.8B | 6.9B | 4.8B |
| Total Debt | 3.8B | 1.1B | 1.4B | 1.9B | 1.1B |
| Net Debt | 3.0B | 661.5M | 1.4B | 1.8B | 1.1B |
| Share Issued | 1.2B | 587.5M | 598.0M | 608.7M | 615.8M |
| Ordinary Shares Number | 1.2B | 587.5M | 598.0M | 608.7M | 615.8M |
| Assets Held For Sale Current | -- | -- | 0.00 | 426.4M | 0.00 |
| Buildings And Improvements | 117.4M | 37.7M | 36.1M | 35.7M | 35.5M |
| Capital Lease Obligations | 700.5M | 119.3M | 26.6M | 29.0M | 29.7M |
| Current Capital Lease Obligation | 63.1M | 15.4M | 7.8M | 6.6M | 3.5M |
| Current Deferred Liabilities | 2.3M | 2.3M | 2.3M | 2.3M | 2.3M |
| Derivative Product Liabilities | 0.00 | 27.0M | 300,000 | 2.4M | 2.3M |
| Dividends Payable | 73.8M | 35.7M | 36.4M | 22.3M | 13.8M |
| Employee Benefits | 12.8M | 5.0M | 4.2M | 5.2M | 4.5M |
| Financial Assets | 22.1M | 7.1M | 43.3M | 12.1M | 10.4M |
| Hedging Assets Current | 193.5M | 77.4M | 78.4M | 43.1M | 12.6M |
| Long Term Provisions | 1.4B | 1.1B | 1.1B | 1.0B | 1.5B |
| Machinery Furniture Equipment | 491.2M | 34.6M | 0.00 | 0.00 | 0.00 |
| Non Current Deferred Assets | -- | -- | -- | 0.00 | 73.8M |
| Non Current Deferred Liabilities | 1.6B | 1.1B | 1.1B | 850.9M | 54.8M |
| Non Current Deferred Revenue | 58.5M | 72.8M | 50.1M | 52.4M | 54.8M |
| Non Current Deferred Taxes Assets | -- | -- | -- | 0.00 | 73.8M |
| Non Current Deferred Taxes Liabilities | 1.6B | 1.0B | 1.0B | 798.5M | 0.00 |
| Non Current Prepaid Assets | 86.6M | 86.6M | 82.9M | 0.00 | -- |
| Other Current Borrowings | 195.0M | -- | -- | -- | -- |
| Other Properties | 127.4M | 36.4M | 30.0M | 24.4M | 15.7M |
| Pensionand Other Post Retirement Benefit Plans Current | 22.7M | 11.2M | 10.1M | 16.1M | 25.4M |
| Properties | 25.4B | 15.3B | 14.4B | 13.1B | 11.3B |
| 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 | 2.7B | 1.8B | 1.7B | 2.2B | 1.1B |
| Cash Flow From Continuing Operating Activities | 2.7B | 1.8B | 1.7B | 2.2B | 1.1B |
| Depreciation And Amortization | -- | 12.0M | 9.3M | 8.7M | -- |
| Depreciation Amortization Depletion | 1.7B | 975.2M | 865.2M | 806.5M | 546.0M |
| Stock Based Compensation | 22.2M | 16.6M | 14.4M | 11.1M | 7.9M |
| Deferred Tax | 240.4M | 7.8M | 217.0M | 548.5M | 595.5M |
| Deferred Income Tax | 240.4M | 7.8M | 217.0M | 548.5M | 595.5M |
| Change In Working Capital | -251.9M | 201.3M | -48.9M | -139.7M | 25.3M |
| Other Non Cash Items | 151.0M | -16.2M | -8.5M | 16.4M | 12.1M |
| Capital Expenditure | -2.1B | -1.1B | -1.1B | -694.5M | -559.3M |
| Purchase Of PPE | -27.2M | -- | -- | -- | -130.8M |
| Net PPE Purchase And Sale | 278.1M | 508.8M | 360.2M | 23.4M | 55.6M |
| Purchase Of Business | -- | -- | -- | -1.9B | -86.0M |
| Sale Of Business | 111.3M | 0.00 | 6.7M | -- | -- |
| Investing Cash Flow | -1.4B | -563.8M | -765.6M | -2.5B | -387.5M |
| Cash Flow From Continuing Investing Activities | -1.4B | -563.8M | -765.6M | -2.5B | -387.5M |
| Issuance Of Debt | 1.0B | -- | -- | 788.9M | -- |
| Repayment Of Debt | -1.8B | -343.7M | -495.5M | -4.1M | -453.4M |
| Net Issuance Payments Of Debt | -745.3M | -343.7M | -495.5M | 784.8M | -453.4M |
| Repurchase Of Capital Stock | -193.3M | -129.7M | -122.7M | -242.7M | -164.2M |
| Net Common Stock Issuance | -193.3M | -129.7M | -122.7M | -242.7M | -164.2M |
| Common Stock Dividend Paid | -- | -- | -- | -237.2M | -126.1M |
| Common Stock Payments | -193.3M | -129.7M | -122.7M | -242.7M | -164.2M |
| Financing Cash Flow | -1.6B | -907.4M | -976.9M | 313.4M | -736.5M |
| Cash Flow From Continuing Financing Activities | -1.6B | -907.4M | -976.9M | 313.4M | -736.5M |
| Changes In Cash | -302.9M | 362.3M | -- | -- | -- |
| Beginning Cash Position | 362.3M | 0.00 | 0.00 | 0.00 | 0.00 |
| End Cash Position | 59.4M | 362.3M | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | 609.4M | 696.8M | 617.6M | 1.5B | 564.7M |
| Income Tax Paid Supplemental Data | 293.7M | 125.8M | 0.00 | 0.00 | -- |
| Interest Paid Supplemental Data | 135.4M | 71.2M | 71.9M | 61.6M | 43.7M |
| Asset Impairment Charge | 13.4M | 16.3M | 6.6M | -654.2M | -1.8B |
| Capital Expenditure Reported | -2.0B | -1.1B | -1.1B | -694.5M | -428.5M |
| Cash Dividends Paid | -735.5M | -433.3M | -372.8M | -237.2M | -126.1M |
| Depletion | -- | 963.2M | 855.9M | 797.8M | -- |
| Depreciation | -- | 12.0M | 9.3M | 8.7M | -- |
| Gain Loss On Investment Securities | -175.5M | 66.6M | -113.5M | -79.3M | 30.6M |
| Gain Loss On Sale Of PPE | -- | -- | -- | -2.3M | -23.3M |
| Long Term Debt Issuance | 1.0B | -- | -- | 788.9M | -- |
| Long Term Debt Payments | -1.8B | -343.7M | -495.5M | -4.1M | -453.4M |
| Net Business Purchase And Sale | 111.3M | 0.00 | 6.7M | -1.9B | -86.0M |
| Net Income From Continuing Operations | 984.6M | 812.3M | 889.0M | 1.7B | 1.8B |
| Net Long Term Debt Issuance | -745.3M | -343.7M | -495.5M | 784.8M | -453.4M |
| Net Other Financing Charges | 37.7M | -700,000 | 14.1M | 8.5M | 7.2M |
| Net Other Investing Changes | 307.5M | 64.1M | -7.6M | 45.6M | 71.4M |
| Net Short Term Debt Issuance | -- | -- | 14.1M | 8.5M | -- |
| Operating Gains Losses | -183.1M | -179.8M | -192.3M | -81.6M | 7.3M |
| Sale Of PPE | 305.3M | 508.8M | 360.2M | 23.4M | 186.4M |