| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $5.76B | $5.84B | $6.34B | $6.99B | $6.98B |
| Cost of Revenue | $1.99B | $1.97B | $1.99B | $2.07B | $1.98B |
| Gross Profit | $3.78B | $3.87B | $4.35B | $4.92B | $5.00B |
| Gross Margin % | 65.54% | 66.28% | 68.56% | 70.40% | 71.64% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $614.00M | $678.00M | $680.00M | $750.00M | $759.00M |
| Other Operating Expenses | $1.57B | $1.25B | $1.64B | $1.71B | $1.87B |
| Total Operating Expenses | $2.19B | $1.92B | $2.32B | $2.46B | $2.63B |
| Operating Performance | |||||
| Operating Income | $1.56B | $1.86B | $2.00B | $2.43B | $2.37B |
| Operating Margin % | 27.05% | 31.90% | 31.56% | 34.71% | 33.93% |
| EBITDA | $3.12B | $3.35B | $3.39B | $4.16B | $4.20B |
| EBITDA Margin % | 54.05% | 57.36% | 53.52% | 59.56% | 60.12% |
| Other Income/Expenses | |||||
| Interest Expense | $662.00M | $666.00M | $632.00M | $699.00M | $821.00M |
| Other Income/Expenses Net | $-678.00M | $-787.00M | $-822.00M | $-734.00M | $-841.00M |
| Income Before Tax | $881.00M | $1.08B | $1.18B | $1.69B | $1.53B |
| Income Tax Expense | $21.00M | $20.00M | $21.00M | $16.00M | $26.00M |
| Net Performance | |||||
| Net Income | $860.00M | $1.06B | $1.10B | $1.68B | $1.50B |
| Net Margin % | 14.92% | 18.08% | 17.29% | 23.98% | 21.52% |
| EPS | $1.80 | $2.36 | $2.54 | $3.87 | $3.46 |
| Diluted EPS | $1.80 | $2.35 | $2.53 | $3.86 | $3.46 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $323.00M | $232.00M | $292.00M | $156.00M | $105.00M |
| Short Term Investments | - | - | - | - | - |
| Net Receivables | $471.00M | $431.00M | $543.00M | $720.00M | $597.00M |
| Inventory | - | - | - | $268.00M | - |
| Other Current Assets | $455.00M | $441.00M | $419.00M | $73.00M | $330.00M |
| Total Current Assets | $1.25B | $1.10B | $1.25B | $1.22B | $1.03B |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $13.41B | $21.63B | $21.95B | $21.93B | $21.85B |
| Long Term Investments | - | - | - | $5.00M | - |
| Tax Assets | - | - | - | $25.00M | - |
| Other Non-Current Assets | $2.27B | $1.53B | $1.71B | $2.06B | $2.38B |
| Total Non-Current Assets | $31.37B | $37.66B | $37.79B | $37.70B | $37.50B |
| Total Assets | |||||
| Total Assets | $32.62B | $38.77B | $39.04B | $38.92B | $38.53B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $302.00M | $230.00M | $246.00M | $236.00M | $252.00M |
| Short Term Debt | $111.00M | $458.00M | $421.00M | $1.17B | $1.17B |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | $568.00M | $704.00M | $776.00M | $736.00M | $605.00M |
| Other Current Liabilities | $407.00M | $577.00M | $583.00M | $590.00M | $561.00M |
| Total Current Liabilities | $1.39B | $1.97B | $2.03B | $2.73B | $2.59B |
| Non-Current Liabilities | |||||
| Long Term Debt | $16.31B | $19.15B | $26.59B | $26.79B | $27.65B |
| Other Non-Current Liabilities | $3.07B | $6.47B | $586.00M | $595.00M | $1.91B |
| Total Non-Current Liabilities | $19.39B | $27.34B | $28.76B | $28.74B | $29.56B |
| Total Liabilities | |||||
| Total Liabilities | $20.78B | $29.31B | $30.78B | $31.47B | $32.15B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $4.00M | $4.00M | $4.00M | $4.00M | $4.00M |
| Retained Earnings | $-5.90B | $-8.47B | $-9.75B | $-10.67B | $-11.89B |
| Accumulated Other Comprehensive Income/Loss | $-5.00M | $-4.00M | $-4.00M | $-5.00M | $-4.00M |
| Total Shareholders Equity | $11.85B | $9.46B | $8.26B | $7.45B | $6.38B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $32.62B | $38.77B | $39.04B | $38.92B | $38.53B |
| Total Debt | $16.42B | $19.61B | $27.01B | $27.96B | $28.81B |
| Net Debt | $16.10B | $19.38B | $26.72B | $27.80B | $28.71B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $860.00M | $1.06B | $1.10B | $1.68B | $1.50B |
| Depreciation & Amortization | $1.57B | $1.61B | $1.64B | $1.71B | $1.75B |
| Stock Based Compensation | $117.00M | $138.00M | $129.00M | $156.00M | $157.00M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | $166.00M | - | $-49.00M | $115.00M |
| Change in Inventory | - | - | - | $49.00M | - |
| Change in Accounts Payable | $19.00M | $-77.00M | $15.00M | $-5.00M | $-14.00M |
| Other Working Capital Changes | $254.00M | $-65.00M | $-772.00M | $-742.00M | $-472.00M |
| Total Working Capital Change | $127.00M | $70.00M | $-346.00M | $-747.00M | $-371.00M |
| Other Operating | |||||
| Other Non-Cash Items | $20.00M | $180.00M | $200.00M | $84.00M | $76.00M |
| Net Cash from Operations | $2.70B | $3.06B | $2.73B | $2.88B | $3.13B |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | $-1.31B | $-1.42B |
| Purchase of Investments | - | - | - | - | - |
| Sale of Investments | - | - | - | - | - |
| Other Investing Activities | $-2.06B | $-1.63B | $-1.22B | $-7.00M | $1.00M |
| Net Cash from Investing | $-2.08B | $-1.74B | $-1.33B | $-1.35B | $-1.52B |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-2.76B | $-5.26B | $-4.06B | $-4.20B | $-1.14B |
| Stock Repurchases | $-44.00M | $-76.00M | $-70.00M | $-65.00M | $-30.00M |
| Dividends Paid | $-2.03B | $-2.19B | $-2.37B | $-2.60B | $-2.72B |
| Other Financing Activities | $4.14B | $6.26B | $5.19B | $5.21B | $-39.00M |
| Net Cash from Financing | $-692.00M | $-1.27B | $-1.31B | $-1.67B | $-1.65B |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $-75.00M | $43.00M | $85.00M | $-139.00M | $-46.00M |
| Cash at Beginning of Period | $413.00M | $338.00M | $381.00M | $466.00M | $322.00M |
| Cash at End of Period | $338.00M | $381.00M | $466.00M | $327.00M | $276.00M |
| Key Metrics | |||||
| Operating Cash Flow | $2.70B | $3.06B | $2.73B | $2.88B | $3.13B |
| Capital Expenditure | $-2.06B | $-1.62B | $-1.23B | $-1.31B | $-1.42B |
| Free Cash Flow | $641.00M | $1.43B | $1.50B | $1.57B | $1.70B |