| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $2.17B | $1.94B | $2.10B | $2.22B | $2.70B +24.2% | $1.78B -8.2% | $2.18B +3.8% | $2.09B -5.8% | Weakening |
| Operating Profit | $586.00M | $198.00M | $430.00M | $411.00M | $825.00M +40.8% | $360.00M +81.8% | $532.00M +23.7% | $459.00M +11.7% | Strengthening |
| Net Profit | — | — | — | — | — | — | — | — | — |
| EPS | $1.71 | — | $1.07 | $1.02 | $2.37 +38.6% | — | $1.29 +20.6% | $1.14 +11.8% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $173.00M | $171.00M | $175.00M | $187.00M | $208.00M +20.2% | $206.00M +20.5% | $204.00M +16.6% | $209.00M +11.8% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $514.00M | $151.00M | $340.00M | $320.00M | $693.00M +34.8% | $244.00M +61.6% | $418.00M +22.9% | $368.00M +15.0% | Strengthening |
| MarginsOPM | 27.0% | 10.2% | 20.5% | 18.5% | 30.6% +13.3% | 20.2% +98.0% | 24.4% +19.2% | 21.9% +18.5% | Strengthening |
| Tax | 11.1% | -37.8% | 14.7% | 13.4% | 7.5% -32.4% | -3.7% +90.2% | 14.3% -2.4% | 14.1% +5.1% | Strengthening |
| ReturnsROIC | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $16.00M | $16.00M | $139.00M | $8.00M | $10.00M | $25.00M | $7.00M | $13.00M | $12.00M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.53B | $1.43B | $1.65B | $1.97B | $2.67B | $2.18B | $2.26B | $2.57B | $2.64B |
| Net PP&E | $22.81B | $24.41B | $26.81B | $29.26B | $31.26B | $33.78B | $36.38B | $39.39B | $41.37B |
| Goodwill | $411.00M | $411.00M | $411.00M | $411.00M | $411.00M | $411.00M | $411.00M | $411.00M | $411.00M |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $27.21B | $28.93B | $32.03B | $35.73B | $37.90B | $40.83B | $44.60B | $48.48B | $51.22B |
| LiabilitiesTotal Current Liabilities | $2.69B | $2.50B | $2.18B | $2.83B | $3.37B | $3.35B | $3.41B | $3.91B | $4.98B |
| Short-Term Debt | $580.00M | $442.00M | $8.00M | $505.00M | $340.00M | $849.00M | $317.00M | $973.00M | $1.52B |
| Long-Term Debt | $7.86B | $8.91B | $11.08B | $12.56B | $13.69B | $15.12B | $17.26B | $18.21B | $19.06B |
| Long-Term Leases | — | $29.00M | — | — | — | — | $67.00M | $73.00M | — |
| Total Liabilities | $19.44B | $20.73B | $22.95B | $25.91B | $27.27B | $29.35B | $32.35B | $34.95B | $37.40B |
| EquityCommon Stock & APIC | $2.00M | $2.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M |
| Retained Earnings | $2.02B | $2.38B | $2.76B | $3.18B | $3.65B | $4.14B | $4.60B | $5.29B | $5.55B |
| Total Equity | $7.63B | $8.06B | $8.94B | $9.70B | $10.51B | $11.35B | $12.11B | $13.40B | $13.69B |
| HighlightsNet Cash / (Debt) | -$8.42B | -$9.34B | -$10.95B | -$13.06B | -$14.02B | -$15.95B | -$17.57B | -$19.17B | -$20.58B |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $2.17B | $2.17B | $1.73B | $1.66B | $2.26B | $2.56B | $2.76B | $3.35B | $3.25B |
| Cash from Investing | -$2.34B | -$2.44B | -$3.33B | -$3.53B | -$3.37B | -$3.80B | -$4.46B | -$4.14B | -$4.74B |
| Cash from Financing | $205.00M | $334.00M | $1.73B | $1.72B | $1.17B | $1.29B | $1.75B | $884.00M | $1.56B |
| SummaryCapital Expenditure | -$2.29B | -$2.41B | -$3.23B | -$3.48B | -$3.35B | -$3.60B | -$4.32B | -$4.13B | -$4.65B |
| Free Cash Flow | -$116.00M | -$241.00M | -$1.51B | -$1.82B | -$1.09B | -$1.03B | -$1.56B | -$775.00M | -$1.40B |
| FCF Margin | -1.8% | -4.1% | -26.0% | -28.4% | -13.7% | -13.8% | -20.4% | -8.8% | -16.0% |