
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 | FY2006 | FY2005 | FY2004 | FY2003 | FY2002 | FY2001 | FY2000 | FY1999 | FY1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||
| Market cap | $267 | $211 | $367 | $408 | $579 | $235 | $224 | $249 | $611 | $598 | $659 | $575 | $532 | $143 | $133 | $217 | $286 | $141 | $802 | $872 | $885 | $883 | $1,250 | $1,189 | $1,377 | $2,119 | $2,162 | $2,162 |
| Enterprise value | $417 | $348 | $593 | $558 | $635 | $374 | $365 | $313 | $867 | $827 | $927 | $884 | $853 | $447 | $454 | $541 | $622 | $484 | $1,199 | $1,251 | $1,326 | $1,319 | $1,608 | $1,482 | $1,611 | $2,305 | $2,327 | $2,158 |
| P/E (TTM) at period end | – | – | – | 22.50× | 19.77× | – | – | 20.44× | 3.48× | 29.31× | 25.70× | 21.19× | 3.98× | 10.48× | – | – | – | – | – | – | – | 143.26× | 551.38× | – | – | – | – | – |
| P/S (TTM) at period end | 0.60× | 0.58× | 1.24× | 1.26× | 0.76× | 0.68× | 0.82× | 0.83× | 1.14× | 2.31× | 2.59× | 2.37× | 2.38× | 0.64× | 0.68× | 1.08× | 1.51× | 0.61× | 3.21× | 2.99× | 3.15× | 3.41× | 5.25× | 4.98× | 6.59× | 13.76× | 36.64× | 48.23× |
| P/B at period end | 4.81× | 1.45× | 1.65× | 1.51× | 2.25× | 0.85× | 0.78× | 0.75× | 1.75× | 3.26× | 3.94× | 3.95× | 3.91× | 26.40× | – | 20.97× | 11.31× | 1.25× | 1.22× | 1.16× | 0.86× | 0.85× | 1.20× | 1.17× | 1.28× | 1.87× | 77.17× | 86.91× |
| EV / EBITDA (TTM) | – | – | – | 12.07× | 7.66× | 15.64× | 24.37× | 6.28× | 2.95× | 12.88× | 13.02× | 11.89× | 12.37× | 5.95× | 8.46× | 23.41× | 418.71× | – | 13.17× | – | 14.24× | 15.25× | 23.95× | 24.27× | 32.47× | 56.70× | – | 137.57× |
| EV / Sales (TTM) | 0.93× | 0.95× | 2.00× | 1.72× | 0.83× | 1.09× | 1.34× | 1.05× | 1.62× | 3.20× | 3.65× | 3.65× | 3.81× | 2.00× | 2.33× | 2.70× | 3.29× | 2.08× | 4.79× | 4.29× | 4.72× | 5.09× | 6.76× | 6.21× | 7.71× | 14.96× | 39.44× | 48.15× |
| Returns | ||||||||||||||||||||||||||||
| Return on equity | (142.8%) | (102.0%) | (6.9%) | 6.7% | 11.4% | (1.4%) | (6.8%) | 3.7% | 50.4% | 11.1% | 15.3% | 18.6% | 98.4% | 251.8% | – | (174.6%) | (198.4%) | (432.9%) | (6.6%) | (17.9%) | (0.9%) | 0.6% | 0.2% | (1.0%) | (6.1%) | (8.1%) | (142.6%) | (14.9%) |
| Return on invested capital | (32.3%) | (18.1%) | (5.1%) | 4.0% | 12.6% | – | (0.3%) | 4.0% | 31.3% | 7.2% | 7.7% | 7.8% | – | 13.1% | 10.9% | 1.0% | (5.2%) | (110.6%) | 6.3% | (9.5%) | 2.5% | 1.2% | 1.5% | 1.1% | (4.1%) | (2.3%) | (14.4%) | 22.4% |
| Dividend yield | 6.8% | 8.5% | 4.8% | 2.1% | 1.5% | 4.5% | 7.6% | 7.2% | 2.4% | 1.9% | 1.4% | 1.5% | 2.1% | 7.2% | 3.8% | – | – | – | – | – | – | – | – | – | – | – | 0.1% | – |
| Financial health | ||||||||||||||||||||||||||||
| Current ratio | 1.51× | 3.02× | 1.42× | 1.64× | 1.82× | 2.26× | 3.17× | 5.02× | 5.44× | 3.80× | 3.58× | 2.81× | 3.16× | 2.24× | 2.73× | 3.07× | 1.60× | 3.22× | 4.32× | 5.14× | 5.77× | 3.35× | 3.94× | 2.51× | 2.58× | 3.71× | 1.69× | – |
| Debt / equity | 3.01× | 1.28× | 0.93× | 0.79× | 0.83× | 0.77× | 0.75× | 0.73× | 0.85× | 1.58× | 1.87× | 2.34× | 2.68× | 63.10× | (676.76×) | 38.25× | 14.42× | 3.61× | 0.74× | 0.66× | 0.49× | 0.47× | 0.36× | 0.30× | 0.23× | 0.22× | 5.98× | – |
| Effective tax rate | 18.7% | (6.2%) | 20.2% | 39.8% | 34.6% | 1265.5% | (72.1%) | 36.8% | 31.9% | 39.1% | 39.0% | 40.5% | 42992.6% | 31.0% | (240.2%) | 15.9% | 3.7% | 18.6% | (83.3%) | 3.2% | 19.4% | 55.6% | (16.3%) | 1.1% | 25.9% | 3.1% | 0.3% | (6.0%) |
| Share count | ||||||||||||||||||||||||||||
| Diluted shares outstanding | 91 | 90 | 88 | 88 | 88 | 84 | 85 | 90 | 92 | 91 | 90 | 91 | 89 | 86 | 85 | 84 | 84 | 91 | 103 | 106 | 124 | 106 | 113 | 119 | 115 | 115 | 115 | 115 |
| Line item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 | FY2006 | FY2005 | FY2004 | FY2003 | FY2002 | FY2001 | FY2000 | FY1999 | FY1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue and gross profit | |||||||||||||||||||||||||||||
| Revenue | $680 | $448 | $365 | $297 | $324 | $760 | $344 | $274 | $298 | $536 | $259 | $254 | $242 | $224 | $223 | $194 | $200 | $189 | $232 | $250 | $292 | $281 | $259 | $238 | $238 | $209 | $154 | $59 | $45 |
| Cost of revenue | ($333) | ($184) | ($102) | ($77) | ($71) | ($467) | ($107) | ($37) | ($45) | ($45) | ($10) | ($7) | ($3) | ($104) | ($92) | ($89) | ($85) | ($84) | ($101) | ($100) | ($124) | ($120) | ($113) | ($107) | ($114) | ($100) | ($56) | ($24) | ($16) |
| Gross profit | $347 | $263 | $263 | $220 | $253 | $294 | $237 | $237 | $253 | $491 | $249 | $247 | $239 | $120 | $131 | $106 | $116 | $105 | $132 | $150 | $168 | $161 | $146 | $131 | $125 | $109 | $98 | $35 | $29 |
| Operating expenses | |||||||||||||||||||||||||||||
| Research and development | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Selling, general and administrative | ($72) | ($67) | ($63) | ($50) | ($47) | ($57) | ($48) | ($54) | ($52) | ($49) | ($47) | ($43) | ($38) | ($34) | ($38) | ($37) | ($38) | ($38) | ($61) | ($62) | ($71) | ($69) | ($67) | ($66) | ($69) | ($61) | ($57) | ($12) | ($9) |
| Total operating expenses | ($326) | ($347) | ($315) | ($246) | ($223) | ($233) | ($230) | ($238) | ($219) | ($213) | ($200) | ($192) | ($179) | ($66) | ($72) | ($71) | ($112) | ($125) | ($695) | ($84) | ($279) | ($116) | ($106) | ($110) | ($110) | ($181) | ($129) | ($63) | ($24) |
| Total costs and expenses | ($659) | ($531) | ($417) | ($324) | ($293) | ($700) | ($337) | ($275) | ($264) | ($258) | ($210) | ($199) | ($182) | ($170) | ($164) | ($159) | ($197) | ($209) | ($795) | ($184) | ($403) | ($236) | ($219) | ($217) | ($224) | ($282) | ($185) | ($87) | ($40) |
| Operating income | $21 | ($83) | ($52) | ($26) | $31 | $60 | $7 | ($2) | $34 | $278 | $49 | $55 | $60 | $54 | $59 | $35 | $4 | ($20) | ($563) | $66 | ($111) | $45 | $40 | $21 | $15 | ($73) | ($31) | ($28) | $5 |
| Earnings | |||||||||||||||||||||||||||||
| EBITDA | $33 | ($71) | ($35) | ($10) | $46 | $83 | $24 | $15 | $50 | $294 | $64 | $71 | $74 | $69 | $75 | $54 | $23 | $1 | ($540) | $91 | ($66) | $93 | $86 | $67 | $61 | $50 | $41 | ($12) | $16 |
| Interest income | $2 | $2 | $2 | $3 | $3 | $0 | $2 | $3 | $4 | $1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2 | $5 | $2 | $1 | $0 | $0 | $0 | $1 | $6 | – | – |
| Interest expense | ($14) | ($15) | ($16) | ($17) | ($11) | ($7) | ($8) | ($14) | ($16) | ($17) | ($15) | ($13) | ($14) | ($25) | ($35) | ($38) | ($24) | ($28) | ($43) | ($49) | ($29) | ($30) | ($28) | ($27) | ($25) | ($22) | ($70) | – | ($8) |
| Pre-tax income | $9 | ($96) | ($66) | ($42) | $22 | $54 | $0 | ($11) | $21 | $259 | $34 | $42 | $46 | ($0) | $20 | ($2) | ($21) | ($52) | ($595) | $22 | ($139) | ($12) | $13 | ($6) | ($11) | ($89) | ($95) | ($40) | ($3) |
| Income tax expense | ($4) | $18 | ($4) | $8 | ($9) | ($19) | ($2) | ($8) | ($8) | ($83) | ($13) | ($16) | ($18) | $134 | ($6) | ($6) | $3 | $2 | $111 | $18 | $4 | $2 | ($7) | ($1) | $0 | $23 | $3 | $0 | ($0) |
| Net income | $4 | ($79) | ($149) | ($15) | $18 | $35 | ($1) | ($20) | $12 | $176 | $20 | $26 | $27 | $134 | $14 | ($8) | ($18) | ($50) | ($488) | ($43) | ($135) | ($10) | $6 | $2 | ($11) | ($66) | ($92) | ($40) | ($4) |
| Per share | |||||||||||||||||||||||||||||
| Diluted EPS (GAAP) | $0.02 | ($0.87) | ($1.66) | ($0.18) | $0.21 | $0.33 | ($0.05) | ($0.23) | $0.13 | $1.91 | $0.22 | $0.28 | $0.30 | $1.50 | $0.16 | ($0.10) | ($0.21) | ($0.60) | ($5.39) | ($0.42) | ($1.27) | ($0.0776) | ($0.0919) | ($0.08) | ($0.0894) | ($0.57) | ($0.80) | ($0.35) | ($0.0321) |
| Basic EPS (GAAP) | $0.04 | ($0.87) | ($1.66) | ($0.18) | $0.21 | $0.34 | ($0.05) | ($0.23) | $0.14 | $1.95 | $0.23 | $0.29 | $0.31 | $1.53 | $0.16 | ($0.10) | ($0.21) | ($0.60) | ($5.39) | ($0.42) | ($1.27) | ($0.0777) | ($0.09) | ($0.08) | ($0.0894) | ($0.57) | ($0.80) | ($0.35) | ($0.0321) |
| Basic shares outstanding | 92 | 91 | 90 | 88 | 85 | 85 | 84 | 85 | 89 | 90 | 89 | 88 | 89 | 87 | 86 | 85 | 84 | 84 | 91 | 102 | 106 | 124 | 106 | 113 | 119 | 115 | 115 | 115 | 115 |
| Margins | |||||||||||||||||||||||||||||
| Gross margin | 51.1% | 58.9% | 72.0% | 74.0% | 78.2% | 38.6% | 68.9% | 86.6% | 84.9% | 91.5% | 96.3% | 97.2% | 98.8% | 53.7% | 58.7% | 54.4% | 57.7% | 55.7% | 56.6% | 60.2% | 57.6% | 57.2% | 56.5% | 55.1% | 52.2% | 52.0% | 63.5% | 58.6% | 64.8% |
| Operating margin | 3.1% | (18.6%) | (14.2%) | (8.9%) | 9.4% | 8.0% | 1.9% | (0.6%) | 11.3% | 51.8% | 18.9% | 21.7% | 24.7% | 24.1% | 26.3% | 18.0% | 1.9% | (10.3%) | (242.4%) | 26.5% | (38.1%) | 15.9% | 15.6% | 8.7% | 6.1% | (34.9%) | (20.4%) | (47.4%) | 10.6% |
| Net margin | 0.6% | (17.7%) | (40.8%) | (5.2%) | 5.6% | 4.6% | (0.4%) | (7.2%) | 4.1% | 32.8% | 7.9% | 10.1% | 11.2% | 59.8% | 6.1% | (4.2%) | (9.0%) | (26.5%) | (210.0%) | (17.2%) | (46.1%) | (3.4%) | 2.4% | 1.0% | (4.5%) | (31.5%) | (59.9%) | (67.7%) | (8.3%) |