Financials
| Year Ending Dec 2025 (Update) | Year Ending Dec 2024 (Update) | Year Ending Dec 2023 (Update) | Year Ending Dec 2022 (Update) | Year Ending Dec 2021 (Update) | |
|---|---|---|---|---|---|
| Net Sales | 1.21M | 1.43M | 1.62M | 1.18M | 799.24 |
| Revenue | 1.21M | 1.43M | 1.62M | 1.18M | 799.24 |
| Total Revenue | 1.21M | 1.43M | 1.62M | 1.18M | 799.24 |
| Cost of Revenue | 701.84 | 804.62 | 903.23 | 557.62 | 212.01 |
| Cost of Revenue, Total | 701.84 | 804.62 | 903.23 | 557.62 | 212.01 |
| Gross Profit | 510.40 | 622.12 | 721.01 | 619.06 | 587.23 |
| Selling/General/Administrative Expense | 87.79 | 62.33 | 57.16 | 56.13 | 46.29 |
| Labor & Related Expense | 174.15 | 181.69 | 159.79 | 161.83 | 171.80 |
| Selling/General/Administrative Expenses, Total | 261.93 | 244.02 | 216.95 | 217.95 | 218.09 |
| Depreciation | 23.21 | 9.56 | 9.74 | 8.73 | 7.22 |
| Depreciation/Amortization | 23.21 | 9.56 | 9.74 | 8.73 | 7.22 |
| Litigation | -- | -- | 7.35 | ||
| Impairment-Assets Held for Use | 20.50 | ||||
| Other Unusual Expense (Income) | 2.92 | 0.41 | 1.56 | 4.93 | 3.37 |
| Unusual Expense (Income) | 23.42 | 0.41 | 1.56 | 12.28 | 3.37 |
| Other, Net | 66.96 | 80.33 | 89.14 | 23.03 | -27.28 |
| Other Operating Expenses, Total | 66.96 | 80.33 | 89.14 | 23.03 | -27.28 |
| Total Operating Expense | 1.08M | 1.14M | 1.22M | 819.61 | 413.40 |
| Operating Income | 134.88 | 287.81 | 403.62 | 357.06 | 385.83 |
| Investment Income, Non-Operating | 50.88 | 5.77 | 24.28 | 14.25 | 34.57 |
| Interest/Investment Income, Non-Operating | 50.88 | 5.77 | 24.28 | 14.25 | 34.57 |
| Interest Income (Expense), Net-Non-Operating, Total | 50.88 | 5.77 | 24.28 | 14.25 | 34.57 |
| Gain (Loss) on Sale of Assets | -9.15 | 3.81 | -- | -- | 3.69 |
| Other Non-Operating Income (Expense) | |||||
| Other, Net | |||||
| Net Income Before Taxes | 176.61 | 297.40 | 427.90 | 371.31 | 424.09 |
| Income Tax – Total | 18.78 | 13.48 | 27.35 | 17.48 | 46.29 |
| Income After Tax | 157.83 | 283.92 | 400.56 | 353.83 | 377.81 |
| Minority Interest | -9.03 | -19.28 | -29.12 | -28.04 | -38.51 |
| Net Income Before Extraordinary Items | 148.80 | 264.64 | 371.43 | 325.78 | 339.30 |
| Extraordinary Item | |||||
| Total Extraordinary Items | |||||
| Net Income | 148.80 | 264.64 | 371.43 | 325.78 | 339.30 |
| Preferred Dividends | -41.37 | -41.37 | -41.37 | -40.95 | -21.89 |
| Total Adjustments to Net Income | -41.37 | -41.37 | -41.37 | -40.95 | -21.89 |
| Income Available to Common Excluding Extraordinary Items | 107.43 | 223.27 | 330.07 | 284.83 | 317.41 |
| Income Available to Common Stocks Including Extraordinary Items | 107.43 | 223.27 | 330.07 | 284.83 | 317.41 |
| Basic Weighted Average Shares | 192.96 | 188.70 | 184.64 | 165.36 | 137.83 |
| Basic EPS Excluding Extraordinary Items | 0.56 | 1.18 | 1.79 | 1.72 | 2.30 |
| Basic EPS Including Extraordinary Items | 0.56 | 1.18 | 1.79 | 1.72 | 2.30 |
| Dilution Adjustment | |||||
| Diluted Net Income | 107.43 | 223.27 | 330.07 | 284.83 | 317.41 |
| Diluted Weighted Average Shares | 209.73 | 205.53 | 218.84 | 199.11 | 156.09 |
| Diluted EPS Excluding Extraordinary Items | 0.51 | 1.09 | 1.51 | 1.43 | 2.03 |
| Diluted EPS Including Extraordinary Items | 0.51 | 1.09 | 1.51 | 1.43 | 2.03 |
| DPS - Common Stock Primary Issue | 1.20 | 1.72 | 2.11 | 1.54 | 1.38 |
| Gross Dividends - Common Stock | 257.05 | 325.44 | 311.88 | 255.91 | 191.42 |
| Total Special Items | 32.57 | -3.40 | 1.56 | 12.28 | -0.32 |
| Normalized Income Before Taxes | 209.18 | 294.00 | 429.46 | 383.59 | 423.77 |
| Effect of Special Items on Income Taxes | 3.46 | -0.15 | 0.10 | 0.58 | -0.03 |
| Income Taxes Excluding Impact of Special Items | 22.24 | 13.32 | 27.45 | 18.06 | 46.25 |
| Normalized Income After Taxes | 186.94 | 280.67 | 402.02 | 365.53 | 377.52 |
| Normalized Income Available to Common | 136.53 | 220.03 | 331.53 | 296.53 | 317.13 |
| Basic Normalized EPS | 0.71 | 1.17 | 1.80 | 1.79 | 2.30 |
| Diluted Normalized EPS | 0.65 | 1.07 | 1.51 | 1.49 | 2.03 |
| Funds From Operations - REIT | 223.57 | 358.02 | 452.48 | 405.70 | 313.73 |
| Amortization of Intangibles, Supplemental | 1.60 | 3.30 | 4.70 | 4.70 | 4.70 |
| Depreciation, Supplemental | 21.61 | 6.26 | 5.04 | 4.03 | 2.52 |
| Interest Expense, Supplemental | 701.84 | 804.62 | 903.23 | 557.62 | 212.01 |
| Rental Expense, Supplemental | 11.00 | 10.90 | 10.90 | 9.60 | 9.30 |
| Stock-Based Compensation, Supplemental | 13.79 | 14.23 | 14.94 | 14.97 | 9.93 |
| Equity in Affiliates, Supplemental | 50.88 | 5.77 | 24.28 | 14.25 | 34.57 |
| Minority Interest, Supplemental | -9.03 | -19.28 | -29.12 | -28.04 | -38.51 |
| Audit-Related Fees, Supplemental | 3.24 | 2.96 | 2.57 | 2.54 | |
| Audit-Related Fees | -- | 0.98 | 1.67 | ||
| Tax Fees, Supplemental | |||||
| All Other Fees Paid to Auditor, Supplemental | |||||
| Gross Margin | 42.10 | 43.60 | 44.39 | 52.61 | 73.47 |
| Operating Margin | 11.13 | 20.17 | 24.85 | 30.35 | 48.28 |
| Pretax Margin | 14.57 | 20.84 | 26.34 | 31.56 | 53.06 |
| Effective Tax Rate | 10.63 | 4.53 | 6.39 | 4.71 | 10.91 |
| Net Profit Margin | 8.86 | 15.65 | 20.32 | 24.21 | 39.71 |
| Normalized EBIT | 158.30 | 288.22 | 405.18 | 369.35 | 389.21 |
| Normalized EBITDA | 181.51 | 297.78 | 414.93 | 378.08 | 396.42 |
| Current Tax - Domestic | 10.80 | 18.88 | 26.27 | 14.17 | 27.45 |
| Current Tax - Local | 4.21 | 6.21 | 8.43 | 5.06 | 7.94 |
| Current Tax - Total | 15.01 | 25.09 | 34.70 | 19.23 | 35.39 |
| Deferred Tax - Domestic | 3.00 | -8.80 | -5.27 | -1.37 | 8.29 |
| Deferred Tax - Local | 0.77 | -2.82 | -1.78 | -0.37 | 2.74 |
| Deferred Tax - Other | -0.29 | 0.00 | -0.14 | ||
| Deferred Tax - Total | 3.77 | -11.61 | -7.35 | -1.74 | 10.89 |
| Income Tax - Total | 18.78 | 13.48 | 27.35 | 17.48 | 46.29 |
| Defined Contribution Expense - Domestic | 1.40 | 1.30 | 1.20 | 4.03 | 7.11 |
| Total Pension Expense | 1.40 | 1.30 | 1.20 | 4.03 | 7.11 |
| FFO per Share (Diluted) | |||||
| Adjusted FFO (AFFO) | |||||
| Adjusted FFO per Share (Diluted) | |||||
| Net Operating Income (NOI) |
FY = Fiscal Year. MRQ = Most Recent Quarter. mil = Millions. TTM = Trailing Twelve Months.
Source: LSEG
