| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.74B | $1.99B | $2.45B | $1.84B | $2.02B +15.9% | $2.23B +12.3% | $2.73B +11.6% | $1.83B -0.5% | Strengthening |
| Operating Profit | $367.00M | $425.00M | $494.00M | $317.00M | $481.00M +31.1% | $435.00M +2.4% | $490.00M -0.8% | $264.00M -16.7% | Weakening |
| Net Profit | $253.00M | $265.00M | $304.00M | $201.00M | $277.00M +9.5% | $289.00M +9.1% | $340.00M +11.8% | $120.00M -40.3% | Weakening |
| EPS | $0.84 | — | $1.01 | $0.67 | $0.92 +9.5% | — | $1.10 +8.9% | $0.38 -43.3% | Weakening |
| Other Income | $84.00M | $61.00M | $50.00M | $137.00M | $62.00M -26.2% | $61.00M +0.0% | $75.00M +50.0% | $75.00M -45.3% | Stable |
| Interest | $178.00M | $180.00M | $186.00M | $199.00M | $203.00M +14.0% | $201.00M +11.7% | $203.00M +9.1% | $210.00M +5.5% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $273.00M | $306.00M | $358.00M | $255.00M | $340.00M +24.5% | $295.00M -3.6% | $362.00M +1.1% | $129.00M -49.4% | Weakening |
| MarginsOPM | 21.1% | 21.4% | 20.2% | 17.3% | 23.8% +13.0% | 19.5% -8.8% | 17.9% -11.1% | 14.4% -16.3% | Weakening |
| Tax | 9.5% | 16.7% | 17.6% | 24.3% | 20.0% +110.1% | 18.0% +7.8% | 23.5% +33.4% | 25.6% +5.2% | Strengthening |
| ReturnsROIC | 9.9% | 10.4% | 11.9% | 7.9% | 10.9% +9.5% | 11.3% +9.1% | 13.3% +11.8% | 4.7% -40.3% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $153.00M | $140.00M | $32.00M | $452.00M | $164.00M | $227.00M | $103.00M | $509.00M | $241.00M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $2.47B | $2.33B | $2.40B | $2.63B | $3.43B | $2.84B | $2.79B | $3.47B | $2.87B |
| Net PP&E | $18.13B | $18.97B | $21.05B | $22.38B | $22.74B | $25.10B | $27.48B | $30.70B | $32.33B |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $24.53B | $26.84B | $29.67B | $28.75B | $31.35B | $33.52B | $35.92B | $39.94B | $40.91B |
| LiabilitiesTotal Current Liabilities | $2.62B | $2.70B | $3.07B | $2.20B | $2.98B | $2.90B | $3.52B | $3.55B | $3.06B |
| Short-Term Debt | $996.00M | $1.11B | $571.00M | $373.00M | $1.09B | $975.00M | $1.19B | $950.00M | $864.00M |
| Long-Term Debt | $10.62B | $11.95B | $11.74B | $12.05B | $13.12B | $14.51B | $15.19B | $17.81B | $18.17B |
| Long-Term Leases | — | $37.00M | $25.00M | $25.00M | $27.00M | $22.00M | $21.00M | $19.00M | — |
| Total Liabilities | $19.74B | $21.78B | $23.59B | $21.57B | $23.76B | $25.39B | $27.17B | $30.23B | $30.51B |
| EquityCommon Stock & APIC | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M |
| Retained Earnings | -$271.00M | -$25.00M | $214.00M | $1.06B | $1.35B | $1.66B | $2.04B | $2.44B | $2.55B |
| Total Equity | $4.75B | $5.02B | $5.50B | $6.63B | $7.01B | $7.54B | $8.23B | $9.14B | $9.77B |
| HighlightsNet Cash / (Debt) | -$11.46B | -$12.92B | -$12.28B | -$11.97B | -$14.05B | -$15.26B | -$16.28B | -$18.25B | -$18.80B |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $1.70B | $1.79B | $1.28B | $1.82B | $855.00M | $2.31B | $2.37B | $2.23B | $2.15B |
| Cash from Investing | -$2.61B | -$2.82B | -$2.87B | -$1.23B | -$2.48B | -$3.39B | -$3.05B | -$4.04B | -$4.25B |
| Cash from Financing | $874.00M | $1.01B | $1.62B | -$295.00M | $1.33B | $1.14B | $614.00M | $2.24B | $1.52B |
| SummaryCapital Expenditure | -$2.07B | -$2.10B | -$2.31B | -$2.08B | -$2.37B | — | — | — | — |
| Free Cash Flow | -$371.00M | -$307.00M | -$1.03B | -$257.00M | -$1.52B | — | — | — | — |
| FCF Margin | -5.4% | -4.6% | -16.1% | -3.5% | -17.7% | — | — | — | — |