Closing prices at the end of each trading day, from 31 Jul 2023. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Revenue | 3,727.0 | 3,717.4 | 4,253.7 | 5,528.6 | 6,399.2 |
| Growth | −0.3% | +14.4% | +30.0% | +15.7% | |
| Operating income | 438.3 | 321.4 | 373.6 | 644.2 | 920.3 |
| Net income | 331.1 | 232.4 | 167.1 | 438.7 | 701.4 |
| Growth | −29.8% | −28.1% | +162.6% | +59.9% | |
| EPS, diluted | 2.38 | 1.67 | 1.20 | 3.11 | 4.94 |
| Growth | −29.8% | −28.1% | +159.2% | +58.8% |
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Gross margin | 38.6% | 37.9% | 44.9% | 48.1% | 49.0% |
| Operating margin | 11.8% | 8.6% | 8.8% | 11.7% | 14.4% |
| Net margin | 8.9% | 6.3% | 3.9% | 7.9% | 11.0% |
| Free cash flow margin | 4.9% | 3.4% | 3.7% | 5.6% | 7.6% |
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Operating cash flow | 229.1 | 205.0 | 280.6 | 446.6 | 634.1 |
| Capital expenditure | −48.0 | −80.3 | −122.7 | −137.7 | −146.1 |
| Free cash flow | 181.2 | 124.7 | 157.9 | 308.9 | 488.1 |
| Growth | −31.2% | +26.6% | +95.7% | +58.0% | |
| Dividends paid | 0.0 | 0.0 | −150.2 | 0.0 | 0.0 |
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Cash | 225.4 | 192.9 | 154.1 | 363.7 | 777.3 |
| Total debt | n/a | 436.1 | 799.6 | 775.5 | 736.1 |
| Net cash (debt) | n/a | −243.3 | −645.6 | −411.8 | 41.2 |
| Shareholders’ equity | 1,761.4 | 1,828.3 | 1,478.9 | 1,936.0 | 2,676.2 |
| Debt to equity | n/a | 0.24 | 0.54 | 0.40 | 0.28 |
In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.
| Fiscal year | FY2021 31 Dec 2021 | FY2022 31 Dec 2022 | FY2023 31 Dec 2023 | FY2024 31 Dec 2024 | FY2025 31 Dec 2025 |
|---|---|---|---|---|---|
| Margins | |||||
| 38.6% | 37.9% | 44.9% | 48.1% | 49.0% | |
| 11.8% | 8.6% | 8.8% | 11.7% | 14.4% | |
| 11.1% | 8.1% | 6.9% | 10.4% | 14.1% | |
| 8.9% | 6.3% | 3.9% | 7.9% | 11.0% | |
| 4.9% | 3.4% | 3.7% | 5.6% | 7.6% | |
| Spending | |||||
| 5.4% | 5.8% | 5.9% | 6.2% | 5.8% | |
| 4.8% | 6.8% | 9.1% | 7.8% | 6.1% | |
| 1.3% | 2.2% | 2.9% | 2.5% | 2.3% | |
| 20.1% | 23.1% | 43.0% | 23.4% | 22.1% | |
| Returns | |||||
| 18.8% | 12.7% | 11.3% | 22.7% | 26.2% | |
| n/a | 7.1% | 4.8% | 10.0% | 13.1% | |
| Balance and payout | |||||
| n/a | 0.24 | 0.54 | 0.40 | 0.28 | |
| n/a | 44.5% | 57.6% | 55.9% | 50.0% | |
| 0.0% | 0.0% | 89.9% | 0.0% | 0.0% | |
| 0.0% | 0.0% | 95.1% | 0.0% | 0.0% | |