NOV Inc. (NOV)
NOV Inc. is a global leader in designing, manufacturing, and marketing essential systems, components, and products for the oil and gas drilling and production industries, as well as for industrial and renewable energy sectors worldwide. The company's operations are divided into three core segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The Wellbore Technologies segment provides a range of offerings including solids control and waste management equipment, portable power generation units, drill and wired pipes, advanced drilling optimization and automation services, and comprehensive tubular inspection, repair, and coating services. This segment also supplies instrumentation, measuring and monitoring tools, downhole and fishing tools, steerable drilling technologies, and drill bits. The Completion & Production Solutions segment specializes in equipment and technologies for hydraulic fracture stimulation, encompassing downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowlines, and manifolds. They also offer coiled tubing units, wireline units and tools, and various connections and liner hangers. For onshore production, solutions include composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems. Offshore production is supported by floating production systems and subsea production technologies. Additionally, this segment manufactures industrial pumps and mixers. The Rig Technologies segment focuses on drilling rig infrastructure and machinery. This includes substructures, derricks, masts, cranes, jacking systems, and sophisticated pipe lifting, racking, rotating, and assembly systems. They also supply mud pumps, pressure control equipment, drives and generators, and integrated rig instrumentation and control systems. Furthermore, this segment provides mooring, anchor, and deck handling machinery, specialized equipment components for offshore wind construction vessels, and complete pipelay and construction systems. Beyond product sales, NOV Inc. offers vital after-sales support, such as spare parts, repair services, and rental options. Their comprehensive service portfolio includes remote equipment monitoring, expert technical support, on-site field service, and extensive customer training programs. Founded in 1862 and based in Houston, Texas, the company was formerly known as National Oilwell Varco, Inc. before officially changing its name to NOV Inc. in January 2021.
Sector: Oil & Gas Field Machinery & Equipment
Industry: Oil & Gas Equipment & Services
NOV Inc.
NYSE:NOVEnergy · Oil & Gas Equipment & Services
+5.33%$19.76
AH Close$19.76+0.00%vs close
AH Close$19.76+0.00%vs close
Mkt Cap$7.04B
Float354.05M
O/S356.48M
Inst Own100.8%
SI7.5%
Div Yield2.20%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$8.74B
Net Income$145M
Total Assets$11.29B
Free Cash Flow$864M
Debt & Equity
Debt 27%
Equity 73%
Total Debt$2.34B
Total Equity$6.27B
Shares Outstanding
Short Interest
Split History1 split
- 2:1Forward splitOct 1, 20071 share → 2
Balance Sheet Details
Assets$11.29B
Liabilities$4.97B
Accounts Receivable$2.3B
Accounts Payable$831M
Inventory$1.8B
PP&E (Net)$2.55B
Goodwill$1.58B
Intangible Assets$455M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Revenue | $8.74B | $8.87B | $8.58B | $7.24B | $5.52B | $6.09B | $8.48B | $8.45B | $7.3B | $7.25B | $14.76B | $21.44B | $19.22B | $17.19B | $14.66B | $12.16B | $12.71B | $13.43B | $9.79B | $7.03B | $4.64B | $2.32B | $2B | $1.52B | $1.75B | $1.15B | $839.65M | $1.45B | $1.1B | $761.8M |
| YoY Growth | -1.4% | 3.3% | 18.6% | 31.0% | -9.3% | -28.2% | 0.3% | 15.7% | 0.7% | -50.9% | -31.2% | 11.5% | 11.8% | 17.3% | 20.6% | -4.4% | -5.4% | 37.2% | 39.3% | 51.3% | 100.4% | 15.6% | 31.7% | -12.9% | 52.0% | 37.0% | -42.1% | 32.1% | 44.1% | - |
| Cost of Revenue | $6.98B | $6.86B | $6.75B | $5.9B | $4.75B | $5.66B | $7.63B | $7.01B | $6.41B | $7.35B | $11.69B | $15.63B | $14.12B | $12.15B | $10.16B | $8.32B | $8.93B | $9.36B | $6.96B | $5.27B | $3.66B | $1.81B | $1.54B | $1.16B | $1.32B | $849.74M | $686.51M | $1.1B | $865.3M | $630.6M |
| Gross Profit | $1.77B | $2.01B | $1.83B | $1.33B | $774M | $434M | $845M | $1.44B | $892M | -$101M | $3.06B | $5.81B | $5.1B | $5.04B | $4.5B | $3.83B | $3.78B | $4.07B | $2.83B | $1.76B | $987.2M | $503.8M | $469.3M | $361.86M | $427.83M | $300.18M | $153.14M | $352.8M | $232.1M | $131.2M |
| Gross Margin | 20.2% | 22.7% | 21.4% | 18.4% | 14.0% | 7.1% | 10.0% | 17.1% | 12.2% | -1.4% | 20.8% | 27.1% | 26.6% | 29.3% | 30.7% | 31.5% | 29.8% | 30.3% | 28.9% | 25.1% | 21.3% | 21.7% | 23.4% | 23.8% | 24.5% | 26.1% | 18.2% | 24.3% | 21.1% | 17.2% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.2B | $1.13B | $1.18B | $1.07B | $908M | $968M | $1.3B | $1.23B | $1.17B | $1.34B | $1.76B | $2.09B | $1.91B | $1.65B | $1.56B | $1.39B | $1.32B | $1.15B | $785.8M | $641.6M | $478.7M | $327.8M | $305.2M | $227.54M | $238.56M | $186.92M | $150.03M | $175.44M | $114.3M | $78.3M |
| Other | $0 | $0 | $0 | $0 | $0 | $1.89B | $5.82B | $0 | $0 | $972M | $1.69B | $104M | $0 | $0 | $0 | $0 | $147M | $0 | $0 | $7.9M | $31.7M | $0 | $0 | $0 | $0 | $35.03M | $0 | $20.52M | $15.4M | $8.8M |
| Total Operating Expenses | $1.2B | $1.13B | $1.18B | $1.07B | $908M | $2.86B | $7.12B | $1.23B | $1.17B | $2.31B | $3.45B | $2.2B | $1.91B | $1.65B | $1.56B | $1.39B | $1.47B | $1.15B | $785.8M | $649.5M | $510.4M | $327.8M | $305.2M | $227.54M | $238.56M | $221.96M | $150.03M | $195.96M | $129.7M | $87.1M |
| Operating Income (EBIT) | $564M | $876M | $651M | $264M | -$134M | -$2.42B | -$6.28B | $211M | -$277M | -$2.41B | -$390M | $3.61B | $3.2B | $3.39B | $2.94B | $2.45B | $2.31B | $2.92B | $2.04B | $1.11B | $476.8M | $176M | $164.1M | $134.32M | $189.28M | $78.22M | $3.1M | $156.84M | $102.4M | $44.1M |
| Operating Margin | 6.5% | 9.9% | 7.6% | 3.6% | -2.4% | -39.8% | -74.1% | 2.5% | -3.8% | -33.3% | -2.6% | 16.9% | 16.6% | 19.7% | 20.0% | 20.1% | 18.2% | 21.7% | 20.9% | 15.8% | 10.3% | 7.6% | 8.2% | 8.8% | 10.8% | 6.8% | 0.4% | 10.8% | 9.3% | 5.8% |
| Interest Expense | $88M | $91M | $88M | $78M | $77M | $84M | $100M | $93M | $102M | $105M | $103M | $105M | $111M | $49M | $40M | $50M | $53M | $67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $51M | $38M | $28M | $19M | $9M | $7M | $20M | $25M | $25M | $15M | $14M | $18M | $12M | $10M | $18M | $13M | $9M | $45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$189M | -$45M | -$39M | -$26M | -$96M | -$354M | -$183M | -$170M | -$115M | -$212M | -$199M | -$119M | -$75M | -$49M | -$15M | -$50M | -$107M | $43M | -$15.5M | -$61.9M | -$46.8M | -$37.1M | -$42.3M | -$21.86M | -$21.26M | -$51.19M | -$17.96M | -$31.82M | -$16.3M | -$27.4M |
| Income Before Tax (EBT) | $375M | $831M | $612M | $238M | -$230M | -$2.78B | -$6.46B | $41M | -$392M | -$2.62B | -$589M | $3.49B | $3.12B | $3.34B | $2.92B | $2.4B | $2.21B | $2.96B | $2.03B | $1.05B | $430M | $138.9M | $121.8M | $112.47M | $168.02M | $27.04M | -$14.86M | $125.02M | $86.1M | $16.7M |
| Income Tax Expense | $224M | $196M | -$373M | $83M | $15M | -$242M | -$369M | $63M | -$156M | -$207M | $178M | $1.04B | $943M | $965M | $937M | $738M | $735M | $993M | $675.8M | $355.7M | $138.9M | $21.6M | $35.9M | $39.4M | $63.95M | $13.9M | -$5.47M | $43.69M | $31.3M | $6.6M |
| Net Income | $145M | $635M | $993M | $155M | -$250M | -$2.54B | -$6.09B | -$31M | -$237M | -$2.41B | -$769M | $2.5B | $2.33B | $2.49B | $1.99B | $1.67B | $1.47B | $1.95B | $1.34B | $684M | $286.9M | $115.2M | $79.7M | $73.07M | $104.06M | $13.14M | -$9.38M | $81.34M | $54.2M | $6.1M |
| Net Income Margin | 1.7% | 7.2% | 11.6% | 2.1% | -4.5% | -41.7% | -71.9% | -0.4% | -3.2% | -33.3% | -5.2% | 11.7% | 12.1% | 14.5% | 13.6% | 13.7% | 11.6% | 14.5% | 13.7% | 9.7% | 6.2% | 5.0% | 4.0% | 4.8% | 6.0% | 1.1% | -1.1% | 5.6% | 4.9% | 0.8% |
| Supplementary Data | ||||||||||||||||||||||||||||||
| EPS | 0.39 | 1.62 | 2.53 | 0.40 | -0.65 | -6.61 | -15.95 | -0.08 | -0.63 | -6.41 | -1.99 | 5.85 | 5.46 | 5.86 | 4.73 | 3.99 | 3.53 | 4.91 | 3.77 | 1.95 | 0.92 | 0.67 | 0.47 | 0.45 | 0.65 | 0.09 | -0.07 | 0.60 | 0.51 | 0.07 |
| Diluted EPS | 0.39 | 1.60 | 2.50 | 0.39 | -0.65 | -6.61 | -15.95 | -0.08 | -0.63 | -6.41 | -1.99 | 5.82 | 5.44 | 5.83 | 4.70 | 3.98 | 3.52 | 4.90 | 3.76 | 1.94 | 0.91 | 0.67 | 0.47 | 0.45 | 0.64 | 0.08 | -0.07 | 0.60 | 0.50 | 0.07 |
| Weighted Average OS | 372.00M | 392.00M | 393.00M | 390.00M | 386.00M | 384.00M | 382.00M | 378.00M | 376.19M | 376.00M | 386.43M | 428.00M | 426.00M | 425.00M | 422.00M | 417.00M | 416.00M | 397.00M | 354.40M | 350.40M | 312.80M | 171.60M | 169.57M | 161.95M | 161.63M | 158.65M | 143.34M | 136.70M | 107.33M | 81.33M |
| EBITDA | $818M | $1.26B | $1B | $617M | $153M | -$2.34B | -$5.83B | $824M | $408M | -$1.81B | $261M | $4.38B | $3.97B | $4B | $3.52B | $2.95B | $2.75B | $3.43B | $2.26B | $1.27B | $591.4M | $1.8B | $203.3M | $159.37M | $228.15M | $113.26M | $28.64M | $177.36M | $117.8M | $52.9M |
| EBITDA Margin | 9.4% | 14.3% | 11.7% | 8.5% | 2.8% | -38.5% | -68.7% | 9.7% | 5.6% | -25.0% | 1.8% | 20.4% | 20.7% | 23.3% | 24.0% | 24.3% | 21.6% | 25.5% | 23.1% | 18.1% | 12.7% | 77.8% | 10.1% | 10.5% | 13.1% | 9.8% | 3.4% | 12.2% | 10.7% | 6.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Assets | ||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.55B | $1.23B | $816M | $1.07B | $1.59B | $1.69B | $1.17B | $1.43B | $1.44B | $1.41B | $2.08B | $3.54B | $3.44B | $3.32B | $3.54B | $3.33B | $2.62B | $1.54B | $1.84B | $957.4M | $209.4M | $142.7M | $74.22M | $118.34M | $43.22M | $42.46M | $12.4M | $11.4M | $19.8M | $4.3M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.55B | $1.23B | $816M | $1.07B | $1.59B | $1.69B | $1.17B | $1.43B | $1.44B | $1.41B | $2.08B | $3.54B | $3.44B | $3.32B | $3.54B | $3.33B | $2.62B | $1.54B | $1.84B | $957.4M | $209.4M | $142.7M | $74.22M | $118.34M | $43.22M | $42.46M | $12.4M | $11.4M | $19.8M | $4.3M |
| Accounts Receivable | $2.3B | $2.4B | $2.64B | $2.42B | $1.78B | $1.89B | $2.5B | $2.67B | $2.51B | $2.75B | $4.18B | $6.29B | $6.43B | $5.54B | $3.88B | $3.24B | $2.93B | $3.75B | $2.74B | $1.92B | $1.48B | $706.6M | $460.91M | $428.12M | $382.15M | $295.16M | $196.1M | $281.3M | $224M | $102.9M |
| Inventory | $1.8B | $1.93B | $2.15B | $1.81B | $1.33B | $1.41B | $2.2B | $2.99B | $3B | $3.33B | $4.68B | $5.28B | $5.6B | $5.89B | $4.03B | $3.39B | $3.49B | $3.81B | $2.57B | $1.83B | $1.2B | $657.5M | $546.69M | $470.09M | $455.93M | $375.73M | $254.1M | $242M | $203.5M | $115.5M |
| Other Current Assets | $172M | $212M | $229M | $187M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $492M | $427M | $349M | $336M | $316M | $290M | $271M | $131.5M | $101.6M | $58.6M | $15.6M | $123.03M | $80.59M | $16.82M | $29.75M | $15.8M | $23.1M | $16.3M | $10.7M |
| Total Current Assets | $5.82B | $5.77B | $5.84B | $5.49B | $4.9B | $5.21B | $6.11B | $7.28B | $7.22B | $7.88B | $11.8B | $16.16B | $16.42B | $15.68B | $12.11B | $10.54B | $9.6B | $9.66B | $7.59B | $4.97B | $3B | $1.54B | $1.25B | $1.12B | $908.57M | $743.1M | $478.4M | $557.8M | $463.6M | $233.4M |
| Long-Term Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $2.55B | $2.47B | $2.41B | $2.3B | $2.36B | $2.49B | $3.03B | $2.8B | $3B | $3.15B | $3.12B | $3.36B | $3.41B | $2.94B | $2.44B | $1.84B | $1.84B | $1.68B | $1.2B | $1.02B | $877.6M | $255.1M | $252.37M | $208.42M | $168.95M | $173.65M | $109.1M | $91.8M | $74.3M | $18.7M |
| Goodwill | $1.58B | $1.63B | $1.56B | $1.5B | $1.53B | $1.49B | $2.81B | $6.26B | $6.23B | $6.07B | $6.98B | $8.54B | $9.05B | $7.17B | $6.15B | $5.79B | $5.49B | $5.22B | $2.45B | $2.24B | $2.12B | $639M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $455M | $508M | $450M | $490M | $503M | $527M | $852M | $3.02B | $3.3B | $3.53B | $3.85B | $4.44B | $5.05B | $4.74B | $4.07B | $4.1B | $4.05B | $4.3B | $774.1M | $705.2M | $611.5M | $91M | $666.62M | $581.58M | $352.09M | $329.34M | $174.5M | $145.7M | $24.2M | $6.3M |
| Long-Term Investments | $163M | $163M | $211M | $117M | $50M | $51M | $282M | $301M | $309M | $307M | $327M | $362M | $390M | $393M | $391M | $386M | $393M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $358M | $413M | $488M | $68M | $66M | $0 | $0 | $11M | $13M | $86M | $488M | $503M | $372M | $413M | $267M | $341M | $92M | $126M | $55.6M | $56.1M | $52.2M | $55.1M | $52.39M | $36.86M | $16.66M | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $361M | $406M | $334M | $164M | $142M | $156M | $67M | $124M | $137M | $124M | $156M | $190M | $115M | $140M | $78M | $55M | $72M | $493.5M | $49M | $25.6M | $21.3M | $21.1M | $24.96M | $26.73M | $25.42M | $32.8M | $20.3M | $22.7M | $5.4M | $8.3M |
| Total Long-Term Assets | $5.47B | $5.59B | $5.45B | $4.64B | $4.65B | $4.72B | $7.04B | $12.52B | $12.99B | $13.26B | $14.92B | $17.4B | $18.39B | $15.81B | $13.4B | $12.52B | $11.93B | $11.82B | $4.52B | $4.05B | $3.68B | $1.06B | $996.34M | $853.59M | $563.13M | $535.79M | $303.9M | $260.2M | $103.9M | $33.3M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $11.29B | $11.36B | $11.29B | $10.13B | $9.55B | $9.93B | $13.15B | $19.8B | $20.21B | $21.14B | $26.73B | $33.56B | $34.81B | $31.48B | $25.52B | $23.05B | $21.53B | $21.48B | $12.11B | $9.02B | $6.68B | $2.6B | $2.24B | $1.97B | $1.47B | $1.28B | $782.3M | $818M | $567.5M | $266.7M |
| Liabilities | ||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||
| Accounts Payable | $831M | $837M | $904M | $906M | $612M | $489M | $715M | $722M | $510M | $414M | $623M | $1.19B | $1.27B | $1.2B | $901M | $628M | $584M | $851.9M | $716.4M | $675M | $568.2M | $407.7M | $228.58M | $168.55M | $161.28M | $165.8M | $106.22M | $131.6M | $135M | $87.5M |
| Short-Term Debt | $30M | $37M | $13M | $13M | $5M | $0 | $0 | $0 | $6M | $506M | $2M | $152M | $1M | $1M | $351M | $373M | $7M | $4.3M | $152.8M | $5.6M | $5.7M | $150M | $14.91M | $0 | $10.21M | $0 | $0 | $7.4M | $1.3M | $6.1M |
| Current Income Tax Payable | $0 | $18M | $22M | $28M | $24M | $209M | $154M | $66M | $81M | $119M | $264M | $431M | $556M | $355M | $709M | $468M | $226M | $230.3M | $112.4M | $169.8M | $83.2M | $33M | $24.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $565M | $492M | $532M | $444M | $392M | $354M | $427M | $458M | $279M | $440M | $785M | $1.77B | $1.77B | $1.19B | $686M | $387M | $2.49B | $2.61B | $0 | $0 | $0 | $182.6M | $133.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $282M | $292M | $598M | $658M | $593M | $211M | $294M | $354M | $143M | $238M | $769M | $1.31B | $1.13B | $862M | $765M | $1.6B | -$570M | $200K | $1.28B | $394.6M | $0 | -$4M | -$57.36M | $71.27M | $105.82M | $96.98M | $69.98M | $72.4M | $75.2M | $9.7M |
| Total Current Liabilities | $2.41B | $2.35B | $2.44B | $2.44B | $1.91B | $1.87B | $2.25B | $2.34B | $2.35B | $3.05B | $4.25B | $7.37B | $6.68B | $5.65B | $5.42B | $4.08B | $4.17B | $5.62B | $4.03B | $2.67B | $1.19B | $800.2M | $452.21M | $346.22M | $277.31M | $262.78M | $176.2M | $211.4M | $211.5M | $103.3M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | $1.69B | $1.7B | $1.71B | $1.72B | $1.71B | $1.83B | $1.99B | $2.48B | $2.71B | $2.71B | $3.91B | $3.01B | $3.15B | $3.15B | $159M | $514M | $876M | $869.6M | $737.9M | $834.7M | $835.6M | $350M | $593.98M | $594.64M | $300M | $222.48M | $196M | $205.6M | $61.6M | $36.4M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $564.3M | $0 | $373.3M | $102.8M | $52.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $93M | $56M | $70M | $68M | $66M | $78M | $140M | $564M | $677M | $1.06B | $1.8B | $1.97B | $2.29B | $2B | $1.85B | $2.34B | $2.09B | $2.13B | $564.3M | $389M | $373.3M | $102.8M | $52.37M | $54.61M | $20.38M | $16.03M | $6.1M | $4.1M | $2.7M | $0 |
| Other Long-Term Liabilities | $261M | $283M | $277M | $230M | $226M | $259M | $253M | $298M | $309M | $318M | $283M | $430M | $363M | $334M | $360M | $253M | $163M | $127.7M | $61.8M | $71.4M | $63.7M | $31.5M | $38M | $30.23M | $6.47M | $10.4M | $8.9M | $10.1M | $14M | $17.9M |
| Total Long-Term Liabilities | $2.56B | $2.59B | $2.62B | $2.56B | $2.58B | $2.78B | $3.06B | $3.57B | $3.69B | $4.09B | $6.02B | $5.42B | $5.8B | $5.48B | $2.37B | $3.1B | $3.13B | $3.13B | $1.36B | $1.3B | $1.27B | $484.3M | $684.34M | $679.48M | $326.85M | $248.91M | $211M | $219.8M | $78.3M | $54.3M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $4.97B | $4.93B | $5.05B | $5B | $4.49B | $4.65B | $5.3B | $5.91B | $6.05B | $7.14B | $10.27B | $12.79B | $12.48B | $11.13B | $7.79B | $7.19B | $7.3B | $8.76B | $5.39B | $3.96B | $2.46B | $1.28B | $1.14B | $1.03B | $604.16M | $511.69M | $387.2M | $431.2M | $289.8M | $157.6M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $70M | $66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $800K | $0 | $0 | $16.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4.2M | $3.6M | $1.8M | $1.7M | $900K | $851K | $810K | $809K | $805K | $717K | $600K | $0 | $0 |
| Retained Earnings | -$673M | -$628M | -$1.16B | -$2.07B | -$2.15B | -$1.88B | $690M | $6.86B | $6.97B | $7.29B | $9.93B | $13.18B | $13.32B | $11.38B | $9.1B | $7.3B | $5.8B | $4.8B | $2.85B | $1.51B | $829.9M | $569.2M | $458.99M | $382.17M | $309.1M | $205.03M | $191.88M | $158.3M | $76.3M | $200K |
| Comprehensive Income & Other | -$1.42B | -$1.63B | -$1.49B | -$1.59B | -$1.55B | -$1.51B | -$1.42B | -$1.44B | -$1.11B | -$1.45B | -$1.55B | -$834M | -$4M | $107M | -$23M | $91M | $90M | -$161.8M | $195M | $46.1M | -$38.3M | $33.4M | -$44.37M | -$44.46M | -$34.87M | -$21.86M | -$11.92M | -$13.8M | -$38.6M | $0 |
| Other Stockholders' Equity | $6.94B | $7B | $7.32B | $7.16B | $7.14B | $7.08B | $7.08B | $7.02B | $7.19B | $6.64B | $6.45B | $7.51B | $8.9B | $8.85B | $8.51B | $8.44B | $8.3B | $7.83B | $3.81B | $3.51B | $3.36B | $726.3M | $630.59M | $550.39M | $557.63M | $561.37M | $202.5M | $227.9M | $201.4M | $108.9M |
| Total Equity | $6.27B | $6.38B | $6.17B | $5.1B | $5B | $5.21B | $7.78B | $13.89B | $14.16B | $13.93B | $16.38B | $20.69B | $22.23B | $20.24B | $17.62B | $15.75B | $14.11B | $12.63B | $6.66B | $5.02B | $4.19B | $1.3B | $1.09B | $933.36M | $867.54M | $767.21M | $395.1M | $386.8M | $277.7M | $109.1M |
| Minority Interest | $54M | $52M | $74M | $38M | $67M | $69M | $68M | $70M | $66M | $63M | $77M | $80M | $100M | $117M | $109M | $114M | $115M | $95.9M | $62.8M | $35.5M | $24.5M | $17.8M | $15.75M | $9.6M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $11.24B | $11.31B | $11.22B | $10.1B | $9.48B | $9.86B | $13.08B | $19.8B | $20.21B | $21.06B | $26.65B | $33.48B | $34.71B | $31.37B | $25.41B | $22.94B | $21.42B | $21.38B | $12.05B | $8.98B | $6.65B | $2.58B | $2.23B | $1.96B | $1.47B | $1.28B | $782.3M | $818M | $567.5M | $266.7M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Total Debt | $2.34B | $2.39B | $2.38B | $2.37B | $2.39B | $2.56B | $2.78B | $2.71B | $2.71B | $3.21B | $3.91B | $3.17B | $3.15B | $3.15B | $510M | $887M | $883M | $873.9M | $890.7M | $840.3M | $841.3M | $500M | $608.89M | $594.64M | $310.21M | $222.48M | $196M | $213M | $62.9M | $36.4M |
| Net Debt | $788M | $1.16B | $1.56B | $1.3B | $797M | $864M | $1.61B | $1.28B | $1.27B | $1.81B | $1.85B | -$370M | -$286M | -$170M | -$3.02B | -$2.45B | -$1.74B | -$668.9M | -$951.1M | -$117.1M | $631.9M | $357.3M | $534.67M | $476.3M | $266.99M | $180.02M | $183.6M | $201.6M | $43.1M | $32.1M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | $145M | $635M | $993M | $155M | -$245M | -$2.54B | -$6.09B | -$22M | -$236M | -$2.42B | -$767M | $2.46B | $2.33B | $2.48B | $1.99B | $1.66B | $1.47B | $1.95B | $1.34B | $684M | $286.9M | $110.2M | $76.82M | $73.07M | $104.06M | $13.14M | $1.5M | $68.9M | $51.3M | $200K |
| Depreciation & Amortization | $355M | $343M | $302M | $301M | $306M | $352M | $533M | $690M | $698M | $703M | $747M | $778M | $738M | $616M | $555M | $507M | $490M | $402M | $214.1M | $160.6M | $114.6M | $44M | $39.2M | $25.05M | $38.87M | $35.03M | $25.54M | $20.52M | $15.4M | $8.8M |
| Deferred Income Tax | $93M | $49M | -$489M | -$2M | $11M | -$65M | -$426M | -$63M | -$341M | -$198M | -$258M | -$300M | -$333M | -$97M | -$352M | -$165M | $185M | -$109.2M | $20.7M | $0 | $0 | -$6.7M | $6.84M | $11.45M | $7.85M | -$5.86M | $7.9M | -$4.1M | -$3.1M | -$2.4M |
| Stock-Based Compensation | $0 | $70M | $66M | $67M | $78M | $105M | $130M | $110M | $124M | $107M | $109M | $101M | $92M | $80M | $73M | $66M | $68M | $66.8M | $43.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||
| Accounts Receivable | $203M | $255M | -$324M | -$660M | -$52M | $574M | $275M | -$72M | $72M | $845M | $1.09B | -$153M | -$493M | -$517M | -$740M | -$189M | -$122M | -$625.9M | -$464.8M | -$442.1M | -$293.9M | -$8.6M | -$6.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $97M | $270M | -$361M | -$480M | $17M | $429M | $104M | -$7M | $229M | $782M | $410M | -$710M | $396M | -$1.06B | -$591M | $39M | $468M | -$643M | -$757.6M | -$619.9M | -$215.4M | -$98.4M | -$51.3M | $25.19M | -$71.91M | -$27.22M | -$6M | $15.7M | -$65M | $600K |
| Accounts Payable | -$6M | -$87M | -$4M | $289M | $118M | -$226M | -$19M | $196M | $86M | -$243M | -$570M | $95M | $9M | -$19M | $205M | $40M | -$1.43B | $95.3M | $84.2M | -$93.5M | $68.1M | $174.3M | $61.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $115M | -$223M | $105M | $92M | $147M | $443M | $5.91B | -$264M | $61M | -$340M | -$1.4B | -$26M | $576M | -$939M | $962M | -$521M | $1.06B | $1.03B | $691M | $1.48B | $68.8M | -$46.9M | -$106.67M | -$30.07M | -$115.84M | -$14.92M | $57.2M | -$76.8M | -$8.2M | -$26.1M |
| Total Working Capital Change | $409M | $215M | -$584M | -$759M | $230M | $1.22B | $6.27B | -$147M | $448M | $1.04B | -$466M | -$794M | $488M | -$2.54B | -$164M | -$631M | -$22M | -$145.4M | -$447.2M | $327.2M | -$372.4M | $20.4M | -$102.73M | -$4.88M | -$187.75M | -$42.14M | $51.2M | -$61.1M | -$73.2M | -$25.5M |
| Other Non-Cash Items | $237M | -$8M | -$145M | $59M | -$89M | $1.85B | $296M | -$47M | $139M | $1.72B | $1.97B | $374M | $84M | $74M | $46M | $106M | -$99M | $127.9M | $20.2M | $44.9M | $48.4M | -$1.7M | $10.88M | -$638K | $1.59M | $26.44M | -$1.64M | $13.28M | $8.8M | $17.6M |
| Net Cash from Operating | $1.24B | $1.3B | $143M | -$179M | $291M | $926M | $714M | $521M | $832M | $960M | $1.33B | $2.61B | $3.4B | $620M | $2.14B | $1.54B | $2.1B | $2.29B | $1.19B | $1.22B | $77.5M | $166.2M | $31.01M | $104.04M | -$35.38M | $26.61M | $84.5M | $37.5M | -$800K | -$1.3M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -$375M | -$351M | -$283M | -$214M | -$201M | -$226M | -$233M | -$244M | -$192M | -$284M | -$453M | -$699M | -$669M | -$583M | -$483M | -$232M | -$250M | -$378.5M | -$251.8M | -$200.4M | -$105M | -$39M | -$32.38M | -$24.8M | -$27.36M | -$24.56M | -$82.4M | -$158.7M | -$51.9M | -$109.4M |
| Acquisitions | $0 | -$122M | -$22M | -$49M | -$52M | -$14M | -$180M | -$280M | -$86M | -$230M | -$86M | -$291M | -$2.37B | -$2.88B | -$1.04B | -$556M | -$573M | -$2.21B | -$323.9M | -$329.7M | $148M | -$2.8M | -$78M | -$213.05M | -$38.52M | -$48.21M | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $251M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $13M | $2M | $12M | $25M | $57M | $96M | $98M | $67M | $33M | $26M | $25M | -$114M | $72M | $35M | $63M | $45M | $20M | $112.2M | $800K | $0 | -$5M | $35.8M | $7.89M | $12.53M | $7.93M | $8.23M | $32.3M | $9.9M | $4.7M | $200K |
| Net Cash from Investing | -$362M | -$471M | -$293M | -$238M | -$196M | -$144M | -$315M | -$457M | -$245M | -$488M | -$514M | -$1.1B | -$2.96B | -$3.43B | -$1.46B | -$743M | -$552M | -$2.47B | -$574.9M | -$530.1M | $38M | -$6M | -$102.5M | -$225.32M | -$57.95M | -$64.54M | -$50.1M | -$148.8M | -$47.2M | -$109.2M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Debt Repaid | $23M | $39M | $31M | $8M | $149M | $212M | $521M | $8M | $506M | $900M | -$762M | -$18M | - | -$2.64B | $391M | $13M | $40M | - | -$35.4M | $5.1M | $152.3M | $109.9M | -$15.5M | -$191.27M | -$86.41M | -$19.17M | $33.6M | -$109.4M | -$19.9M | -$14.1M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $54M | $0 | $4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $78M | $91.3M | $32.7M | $111.9M | $14.6M | $9.7M | $2.34M | $9.29M | $14.25M | $164K | $1M | $43.8M | $108.2M |
| Common Stock Repurchases | -$315M | -$229M | $0 | $0 | $0 | $0 | $0 | $0 | -$3M | $0 | -$2.22B | -$779M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$190M | -$108M | -$79M | -$78M | -$20M | -$19M | -$77M | -$76M | -$76M | -$230M | -$710M | -$703M | -$389M | -$209M | -$191M | -$172M | -$460M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$56M | -$30M | $7M | -$10M | -$20M | -$28M | -$49M | $54M | -$13M | -$11M | $6M | $121M | $84M | $154M | $118M | $10M | $9M | $37M | $22.9M | $13.5M | $0 | $0 | $10K | $1.36M | $0 | -$662K | -$667K | -$2.27M | -$3.6M | -$7.4M |
| Net Cash from Financing | -$584M | -$406M | -$103M | -$96M | -$189M | -$259M | -$647M | -$30M | -$595M | -$1.14B | -$2.16B | -$1.34B | -$305M | $2.58B | -$464M | -$102M | -$491M | -$74M | $149.6M | $41.1M | -$40.4M | -$95.3M | $25.21M | $194.98M | $95.69M | $32.76M | -$34.1M | $103.2M | $60.1M | $114.9M |
| Forex Effect | $29M | -$13M | $0 | -$9M | -$7M | -$2M | -$8M | -$44M | $37M | -$3M | -$111M | -$67M | -$11M | $9M | -$19M | $14M | $27M | -$45.8M | $121.7M | $20.3M | -$8.4M | $3.6M | $2.15M | $1.42M | -$1.61M | -$462K | $200K | -$200K | -$4.1M | -$200K |
| Net Change in Cash | $322M | $414M | -$253M | -$522M | -$101M | $521M | -$256M | -$10M | $29M | -$672M | -$1.46B | $100M | $117M | -$216M | $202M | $711M | $1.08B | -$299M | $884.4M | $748M | $66.7M | $68.5M | -$44.12M | $75.12M | $761K | -$5.63M | $400K | -$8.3M | $8M | $4.2M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Operating Cash Flow | $1.24B | $1.3B | $143M | -$179M | $291M | $926M | $714M | $521M | $832M | $960M | $1.33B | $2.61B | $3.4B | $620M | $2.14B | $1.54B | $2.1B | $2.29B | $1.19B | $1.22B | $77.5M | $166.2M | $31.01M | $104.04M | -$35.38M | $26.61M | $84.5M | $37.5M | -$800K | -$1.3M |
| Capital Expenditure | -$375M | -$351M | -$283M | -$214M | -$201M | -$226M | -$233M | -$244M | -$192M | -$284M | -$453M | -$699M | -$669M | -$583M | -$483M | -$232M | -$250M | -$378.5M | -$251.8M | -$200.4M | -$105M | -$39M | -$32.38M | -$24.8M | -$27.36M | -$24.56M | -$82.4M | -$158.7M | -$51.9M | -$109.4M |
| Free Cash Flow | $864M | $953M | -$140M | -$393M | $90M | $700M | $481M | $277M | $640M | $676M | $879M | $1.92B | $2.73B | $37M | $1.66B | $1.31B | $1.84B | $1.92B | $936.2M | $1.02B | -$27.5M | $127.2M | -$1.37M | $79.24M | -$62.73M | $2.05M | $2.1M | -$121.2M | -$52.7M | -$110.7M |
| Cash at Beginning | $1.23B | $816M | $1.07B | $1.59B | $1.69B | $1.17B | $1.43B | $1.44B | $1.41B | $2.08B | $3.54B | $3.44B | $3.32B | $3.54B | $3.33B | $2.62B | $1.54B | $1.84B | $957.4M | $209.4M | $142.7M | $74.2M | $118.34M | $43.22M | $42.46M | $48.09M | $12M | $19.8M | $11.8M | $0 |
| Cash at End | $1.55B | $1.23B | $816M | $1.07B | $1.59B | $1.69B | $1.17B | $1.43B | $1.44B | $1.41B | $2.08B | $3.54B | $3.44B | $3.32B | $3.54B | $3.33B | $2.62B | $1.54B | $1.84B | $957.4M | $209.4M | $142.7M | $74.22M | $118.34M | $43.22M | $42.46M | $12.4M | $11.5M | $19.8M | $4.2M |