Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2025
$0.31
—
—
March 31, 2025
$0.48
—
—
Dec. 31, 2024
$0.42
—
—
June 30, 2024
$0.75
—
—
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement15
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
$4.58B
$4.53B
$7.47B
$10.71B
$2.86B
$1.82B
$1.94B
$2.27B
$2.16B
$1.94B
Cost of Revenue
$3.22B
$3.20B
$4.39B
$4.97B
$1.77B
$1.33B
$1.38B
$1.49B
$1.39B
$1.33B
Gross Profit
$1.35B
$1.33B
$3.08B
$5.74B
$1.09B
$483M
$560M
$780M
$763M
$611M
R&D Expense
·
·
·
·
·
·
$2
$2
·
·
Operating Income
$1.06B
$1.07B
$2.84B
$5.53B
$927M
$303M
$434M
$667M
$618M
$449M
Interest Expense
$193M
$198M
$138M
$87M
$85M
$82M
$77M
$58M
$82M
$57M
Interest Income
$86M
$104M
$123M
$47M
$5M
$14M
$26M
$23M
$13M
$10M
Pretax Income
$961M
$974M
$2.81B
$5.49B
$841M
$239M
$391M
$621M
$595M
$415M
Income Tax
$320M
$283M
$1.88B
$1.57B
$249M
$70M
$110M
$179M
$166M
$133M
Net Income
$588M
$685M
$923M
$3.91B
$585M
$165M
$278M
$440M
$428M
$278M
EPS (Basic)
$2.06
$2.40
$3.23
$13.68
$2.10
$0.63
$1.67
$1.67
$1.62
$1.06
EPS (Diluted)
·
·
·
$13.68
$2.10
$0.63
·
·
·
·
Shares (Basic)
285,637,916
285,637,916
285,638,456
285,638,456
278,157,812
263,196,524
263,196,524,000
263,196,524,000
263,196,524,000
263,196,524,000
Shares (Diluted)
285,637,916
285,637,916
285,638,456
285,638,456
278,157,812
263,196,524
·
·
·
·
EBITDA
$1.49B
$1.41B
$3.13B
$5.78B
$1.14B
$506M
$636M
$890M
$380M
·
Balance Sheet13
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Cash & Equivalents
$1.17B
$926M
$677M
$530M
$662M
$247M
$112M
$102M
$52M
$82M
Receivables
$649M
$606M
$907M
$1.09B
$654M
$365M
$399M
$467M
$447M
$369M
Inventory
$1.80B
$1.70B
$1.77B
$1.78B
$1.18B
$1.09B
$983M
$914M
$902M
$993M
Current Assets
$5.78B
$5.58B
$5.87B
$6.99B
$4.59B
$2.57B
$2.68B
$2.40B
$2.47B
$153M
PP&E (Net)
$4.84B
$4.43B
$3.61B
$2.73B
$2.01B
$1.74B
$1.57B
$1.45B
$1.43B
$1.53B
Goodwill
$958.0K
$948.0K
$958.0K
$967.0K
$35M
$42M
$35M
$35M
$38M
$38M
Intangibles
$2.55B
$168M
$156M
$166M
$180M
$178M
$188M
$189M
$114M
$109M
Total Assets
$14.50B
$11.50B
$10.78B
$10.82B
$7.18B
$4.82B
$4.68B
$4.27B
$4.30B
$4.22B
Accounts Payable
$384M
$471M
$450M
$375M
$280M
$204M
$206M
$164M
$196M
$200M
Current Liabilities
$1.77B
$2.22B
$2.51B
$3.05B
$992M
$476M
$777M
$556M
$748M
$580M
Total Liabilities
$6.45B
$6.30B
$6.30B
$5.89B
$3.96B
$2.66B
$2.55B
$2.13B
$2.05B
$1.91B
Retained Earnings
$4.03B
$3.62B
$2.75B
$3.35B
$1.65B
$1.64B
$1.62B
$1.62B
$1.72B
$1.78B
Stockholders' Equity
$5.69B
$5.16B
$4.44B
$4.90B
$3.18B
$2.12B
$2.09B
$2.09B
$2.19B
$2.25B
Cash Flow9
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
D&A
$423M
$342M
$281M
$244M
$214M
$204M
$201M
$221M
$241M
$250M
Other Non-cash
$304M
$247M
$-1.40B
$-73M
$23M
$-186M
$-53M
$-136M
$569M
·
Operating Cash Flow
$1.31B
$1.27B
$-197M
$4.08B
$823M
$182M
$427M
$525M
$758M
$634M
CapEx
$877M
$972M
$1.10B
$905M
$465M
$322M
$321M
$245M
$142M
$131M
Investing Cash Flow
$-772M
$-1.21B
$-1.48B
$-909M
$-1.01B
$-167M
$-485M
$-187M
$-248M
$162M
Dividends Paid
$4M
$67M
$1.47B
$2.24B
$572M
$222M
$330M
$550M
$374M
$399M
Financing Cash Flow
$-147M
$282M
$66M
$-2.00B
$1.21B
$-94M
$106M
$-387M
$-412M
$-816M
Free Cash Flow
$438M
$303M
$-1.30B
$3.17B
$358M
$-140M
$106M
$280M
$616M
·
Levered FCF
$309M
$163M
$-1.35B
$3.11B
$298M
·
$50M
$237M
$652M
·
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Gross Margin
29.6%
29.3%
41.2%
53.6%
38.1%
26.6%
28.8%
34.5%
35.3%
·
Operating Margin
23.2%
23.5%
38.1%
51.6%
32.4%
16.7%
22.3%
29.5%
28.6%
·
Net Margin
12.8%
15.1%
12.4%
36.5%
20.4%
9.0%
14.3%
19.4%
19.8%
·
Pretax Margin
21.0%
21.5%
37.6%
51.2%
29.4%
13.1%
20.1%
27.4%
27.6%
·
EBITDA Margin
32.5%
31.1%
41.9%
53.9%
39.9%
27.9%
32.7%
39.3%
17.6%
·
ROA
4.5%
6.2%
8.6%
43.4%
9.9%
3.5%
6.2%
10.3%
10.1%
·
ROE
10.8%
14.3%
19.8%
96.7%
22.1%
7.8%
13.3%
20.6%
19.3%
·
ROIC
12.5%
14.7%
21.2%
80.6%
20.5%
10.1%
14.9%
22.8%
20.3%
·
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Current Ratio
3.3
2.5
2.3
2.3
4.6
5.4
3.5
4.3
3.3
·
Quick Ratio
1.0
0.7
0.6
0.5
1.3
1.3
0.7
1.0
0.7
·
Interest Coverage
5.5
5.4
20.6
63.8
11.0
·
5.6
11.2
-12.3
·
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Asset Turnover
0.4
0.4
0.7
1.2
0.5
0.4
0.4
0.5
0.5
·
Inventory Turnover
1.8
1.8
2.5
3.4
1.6
1.3
1.5
1.6
1.5
·
Receivables Turnover
7.3
6.0
7.5
12.3
5.6
4.8
4.5
5.0
5.3
·
Per Share3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue / Share
$16.02
$15.85
$26.14
$37.50
·
·
·
·
·
·
Cash Flow / Share
$4.60
$4.46
$-0.69
$14.28
·
·
·
·
·
·
EPS (TTM)
·
·
·
$13.68
$2.10
$0.63
·
·
·
·
Valuation (TTM)6
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue TTM
$4.58B
$4.53B
$7.47B
$10.71B
$2.86B
$1.82B
$1.94B
$2.27B
$2.16B
·
Net Income TTM
$588M
$685M
$923M
$3.91B
$585M
$165M
$278M
$440M
$428M
·
P/E
·
·
·
5.8
24.0
78.5
·
·
·
·
Earnings Yield
·
·
·
17.1%
4.2%
1.3%
·
·
·
·
Payout Ratio
0.73%
9.8%
159.3%
57.3%
97.7%
134.9%
118.6%
125.1%
87.4%
·
Annual Payout
$4M
$67M
$1.47B
$2.24B
$572M
$222M
$330M
$550M
$374M
·
Valuation (TTM)3
Metric
Trend
Q4 2016
Q4 2015
Q4 2014
Q4 2013
Q4 2012
Q4 2011
Q4 2010
Q4 2009
Q4 2008
Q4 2007
Q4 2006
Q4 2005
Q4 2004
Q4 2003
Q4 2002
Q4 2001
Revenue TTM
$1.94B
$1.73B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Net Income TTM
$278M
$220M
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Annual Payout
$399M
$127M
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$4.58B
$4.53B
$7.47B
$10.71B
$2.86B
Gross Margin %
29.6%
29.3%
41.2%
53.6%
38.1%
Operating Margin %
23.2%
23.5%
38.1%
51.6%
32.4%
Net Income
$588M
$685M
$923M
$3.91B
$585M
Diluted EPS
·
·
·
$13.68
$2.10
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Current Ratio
3.3
2.5
2.3
2.3
4.6
Quick Ratio
1.0
0.7
0.6
0.5
1.3
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$438M
$303M
$-1.30B
$3.17B
$358M
Institutional owners (13F)
329 filers
· $2.8B total
· As of Sept. 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders329
Value held$2.8B
New positions57
Exited positions44
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
57 (-12 vs prior Q)
44 (+5 vs prior Q)
105 (+12 vs prior Q)
102 (+3 vs prior Q)
-936K
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Filer
Filed
Stake
Status
Purpose
Filing
SailingStone Capital Partners LLC, SailingStone Holdings LLC, MacKenzie B. Davis, Kenneth L. Settles Jr., RS Global Natural Resources Fund
×8 filings
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership
Held by 21 ETFs
20
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.