| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.33B | $1.18B | $1.13B | $1.27B | $1.45B +9.5% | $1.26B +6.7% | $1.20B +6.1% | $1.35B +6.1% | Strengthening |
| Operating Profit | $543.00M | $400.00M | $371.00M | $489.00M | $614.00M +13.1% | $405.00M +1.3% | $391.00M +5.4% | $542.00M +10.8% | Strengthening |
| Net Profit | $350.00M | $239.00M | $205.00M | $289.00M | $379.00M +8.3% | $238.00M -0.4% | $196.00M -4.4% | $315.00M +9.0% | Stable |
| EPS | $1.80 | $1.22 | $1.05 | $1.48 | $1.94 +7.8% | — | $1.00 -4.8% | $1.61 +8.8% | Stable |
| Other Income | -$90.00M | -$97.00M | -$101.00M | -$113.00M | -$120.00M -33.3% | -$123.00M -26.8% | -$132.00M -30.7% | -$137.00M -21.2% | Weakening |
| Interest | $132.00M | $136.00M | $144.00M | $151.00M | $158.00M +19.7% | $162.00M +19.1% | $163.00M +13.2% | $167.00M +10.6% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $453.00M | $303.00M | $270.00M | $376.00M | $494.00M +9.1% | $282.00M -6.9% | $259.00M -4.1% | $405.00M +7.7% | Stable |
| MarginsOPM | 40.9% | 33.8% | 32.7% | 38.4% | 42.2% +3.3% | 32.1% -5.1% | 32.5% -0.7% | 40.1% +4.4% | Stable |
| Tax | 22.7% | 21.1% | 24.1% | 23.1% | 23.3% +2.4% | 15.6% -26.1% | 24.3% +1.0% | 22.2% -4.0% | Weakening |
| ReturnsROIC | 12.0% | 8.2% | 7.0% | 9.9% | 13.0% +8.3% | 8.2% -0.4% | 6.7% -4.4% | 10.8% +9.0% | Stable |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $130.00M | $60.00M | $547.00M | $116.00M | $85.00M | $330.00M | $96.00M | $98.00M | $191.00M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $781.00M | $1.28B | $1.91B | $1.55B | $1.25B | $1.39B | $1.22B | $2.19B | $1.71B |
| Net PP&E | $17.41B | $18.34B | $19.80B | $21.18B | $23.30B | $25.52B | $28.13B | $30.66B | $32.00B |
| Goodwill | $1.57B | $1.54B | $1.50B | $1.14B | $1.14B | $1.14B | $1.14B | $1.16B | $1.28B |
| Intangibles | $84.00M | $67.00M | — | — | — | — | — | — | — |
| Total Assets | $21.22B | $22.68B | $24.77B | $26.07B | $27.79B | $30.30B | $32.83B | $35.44B | $36.45B |
| LiabilitiesTotal Current Liabilities | $2.09B | $2.04B | $2.88B | $2.14B | $2.81B | $2.15B | $3.15B | $4.75B | $3.27B |
| Short-Term Debt | $964.00M | $786.00M | $1.28B | $584.00M | $1.18B | $179.00M | $879.00M | $1.59B | $1.50B |
| Long-Term Debt | $7.64B | $8.66B | $9.66B | — | — | — | — | — | — |
| Long-Term Leases | $0 | $89.00M | $81.00M | $80.00M | $70.00M | $73.00M | $76.00M | $74.00M | $70.00M |
| Total Liabilities | $15.36B | $16.56B | $18.31B | $18.78B | $20.09B | $20.50B | $22.50B | $24.61B | $24.79B |
| EquityCommon Stock & APIC | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M | $2.00M |
| Retained Earnings | -$464.00M | -$207.00M | $102.00M | $925.00M | $1.27B | $1.66B | $2.11B | $2.58B | $2.91B |
| Total Equity | $5.86B | $6.12B | $6.45B | $7.30B | $7.69B | $9.80B | $10.33B | $10.84B | $11.66B |
| HighlightsNet Cash / (Debt) | -$8.47B | -$9.39B | -$10.39B | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $1.39B | $1.38B | $1.43B | $1.44B | $1.11B | $1.87B | $2.04B | $2.06B | $2.33B |
| Cash from Investing | -$2.04B | -$1.95B | -$2.06B | -$1.54B | -$2.13B | -$2.81B | -$3.38B | -$3.31B | -$3.10B |
| Cash from Financing | $726.00M | $494.00M | $1.12B | -$345.00M | $1.00B | $1.19B | $1.11B | $1.25B | $855.00M |
| SummaryCapital Expenditure | -$1.59B | -$1.65B | -$1.82B | -$1.76B | -$2.30B | -$2.58B | -$2.86B | -$3.13B | -$3.36B |
| Free Cash Flow | -$200.00M | -$271.00M | -$396.00M | -$323.00M | -$1.19B | -$701.00M | -$811.00M | -$1.07B | -$1.03B |
| FCF Margin | -5.9% | -7.6% | -10.6% | -8.3% | -31.6% | -16.6% | -17.4% | -20.8% | -19.6% |