| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $4.85B | $5.24B | $4.84B | $4.56B | $4.52B -6.8% | $4.86B -7.2% | $4.44B -8.4% | $4.61B +1.2% | Weakening |
| Operating Profit | $831.50M | $1.08B | $891.40M | $504.00M | $1.73B +107.6% | $728.00M -32.5% | $524.60M -41.1% | -$2.09B -515.2% | Weakening |
| Net Profit | $579.90M | $795.70M | $625.60M | $294.00M | $1.20B +107.7% | $413.00M -48.1% | $303.10M -51.6% | -$2.01B -783.0% | Weakening |
| EPS | $1.03 | $1.43 | $1.14 | $0.53 | $2.22 +115.5% | $0.78 -45.5% | $0.57 -50.0% | $-3.74 -805.7% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $123.60M | $124.60M | $136.30M | $139.70M | $132.80M +7.4% | $125.90M +1.0% | $128.40M -5.8% | — | Stable |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $721.80M | $967.10M | $769.00M | $377.10M | $1.61B +122.8% | $617.80M -36.1% | $411.50M -46.5% | -$2.23B -691.9% | Weakening |
| MarginsOPM | 17.1% | 20.6% | 18.4% | 11.1% | 38.2% +122.7% | 15.0% -27.2% | 11.8% -35.8% | -45.4% -510.5% | Weakening |
| Tax | 21.8% | 20.1% | 19.8% | 18.3% | 25.6% +17.1% | 23.3% +15.6% | 24.3% +22.5% | 10.8% -41.2% | Stable |
| ReturnsROIC | 2.8% | 3.9% | 3.0% | 1.4% | 5.8% +107.7% | 2.0% -48.1% | 1.5% -51.6% | -9.8% -783.0% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $450.00M | $1.68B | $1.51B | $569.40M | $585.50M | $418.00M | $363.90M | $453.80M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | $4.19B | $5.12B | $5.75B | $5.09B | $5.18B | $4.58B | $5.28B | $4.62B |
| Net PP&E | $3.79B | $3.95B | $3.99B | $3.73B | $3.98B | $4.23B | $4.03B | $3.83B |
| Goodwill | $14.00B | $13.92B | $14.06B | $14.38B | $14.51B | $14.75B | $15.62B | $14.12B |
| Intangibles | $7.17B | $7.10B | $7.15B | $7.00B | $6.97B | $6.98B | $7.08B | $6.72B |
| Total Assets | $30.11B | $30.81B | $31.84B | $31.09B | $31.45B | $31.47B | $33.07B | $30.02B |
| LiabilitiesTotal Current Liabilities | $7.09B | $7.49B | $8.27B | $8.02B | $7.54B | $7.03B | $7.86B | $6.77B |
| Short-Term Debt | $1.40B | $2.33B | $2.46B | $1.67B | $31.70M | $11.80M | $1.53B | $1.05B |
| Long-Term Debt | $11.62B | $10.93B | $9.79B | $9.13B | — | — | $12.67B | $12.42B |
| Long-Term Leases | $0 | $277.00M | $283.20M | $248.30M | $257.00M | $282.80M | $302.80M | $300.40M |
| Total Liabilities | $22.19B | $21.91B | $21.46B | $20.30B | $20.75B | $21.82B | $23.86B | $22.64B |
| EquityCommon Stock & APIC | $75.50M | $75.50M | $75.50M | $75.50M | $75.50M | $75.50M | $75.50M | $75.50M |
| Retained Earnings | $15.00B | $15.98B | $17.07B | $18.53B | $19.84B | $20.97B | $21.92B | $20.51B |
| Total Equity | $7.05B | $8.06B | $9.47B | $10.54B | $10.45B | $9.40B | $9.20B | $7.37B |
| HighlightsNet Cash / (Debt) | -$12.57B | -$11.58B | -$10.75B | -$10.24B | — | — | -$13.84B | -$13.02B |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $2.81B | $3.68B | $2.98B | $3.32B | $2.78B | $3.30B | $2.92B | $2.17B |
| Cash from Investing | -$556.50M | -$486.20M | -$512.80M | -$1.69B | -$346.40M | -$1.20B | -$1.79B | $1.26B |
| Cash from Financing | -$2.18B | -$1.94B | -$2.72B | -$2.50B | -$2.40B | -$2.27B | -$1.18B | -$3.31B |
| SummaryCapital Expenditure | -$537.60M | -$460.80M | -$530.80M | -$568.70M | -$689.50M | -$774.10M | -$625.30M | -$539.90M |
| Free Cash Flow | $2.27B | $3.22B | $2.45B | $2.75B | $2.09B | $2.53B | $2.29B | $1.63B |
| FCF Margin | 111.0% | 157.2% | 112.0% | 128.7% | 106.7% | 124.1% | 11.8% | 8.8% |