10.01
+1.11%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$2.51bn
FY2016FY2025
Net income
$147.0m
FY2016FY2025
Free cash flow
−$415.0m
FY2016FY2025
Shareholders' equity
$875.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.51bn | $2.51bn | $2.53bn | $2.60bn | $4.09bn | $3.12bn | $4.03bn | $3.98bn | $4.94bn | $5.15bn |
| Gross profit | $1.27bn | $1.33bn | $1.37bn | $1.20bn | $1.96bn | $1.14bn | $1.70bn | $1.72bn | $1.81bn | $2.02bn |
| Research and development | $47.0m | $43.0m | $36.0m | $45.0m | $238.0m | $190.9m | $266.2m | $263.3m | $313.1m | $343.5m |
| Operating income | $882.0m | $729.0m | $766.0m | $965.0m | $902.0m | $237.9m | $574.1m | $606.4m | $677.3m | $728.7m |
| Net income | $147.0m | $348.0m | $156.0m | $275.0m | $482.0m | −$897.9m | −$19.0m | −$21.4m | −$1.07bn | $211.3m |
| Diluted earnings per share | 0.77 | 1.71 | 0.78 | 1.35 | 2.33 | -4.38 | -0.09 | -0.10 | -5.26 | 1.05 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $9.16bn | $10.28bn | $10.46bn | $10.43bn | $11.32bn | $12.99bn | $13.64bn | $13.65bn | $15.16bn | $15.06bn |
| Cash and short-term investments | $1.45bn | $584.0m | $508.0m | $590.0m | $591.0m | $1.11bn | $663.0m | $251.0m | $1.06bn | $294.0m |
| Total liabilities | $7.57bn | $8.22bn | $8.51bn | $8.45bn | $9.35bn | $11.43bn | $11.99bn | $11.84bn | $13.15bn | $11.99bn |
| Debt | $4.20bn | $5.38bn | $5.69bn | $5.78bn | $6.57bn | $8.29bn | $8.11bn | $8.07bn | $8.44bn | $7.92bn |
| Shareholders' equity | $875.0m | $1.65bn | $1.44bn | $1.43bn | $1.28bn | $776.7m | $1.66bn | $1.81bn | $2.00bn | $3.07bn |
| Shares outstanding | 191m | 204m | 200m | 203m | 207m | 205m | 204m | 204m | 203m | 202m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −$99.0m | $1.03bn | $1.04bn | $899.0m | $978.0m | $865.6m | $1.09bn | $29.6m | $663.4m | $281.3m |
| Capital spending | −$316.0m | −$149.0m | −$147.0m | −$162.0m | −$238.0m | −$254.7m | −$442.1m | −$533.1m | −$698.0m | −$541.9m |
| Free cash flow | −$415.0m | $881.0m | $893.0m | $737.0m | $740.0m | $610.9m | $651.0m | −$503.5m | −$34.6m | −$260.6m |
| Dividends paid | −$770.0m | −$161.0m | −$160.0m | −$161.0m | −$41.0m | −$40.9m | −$163.5m | −$163.2m | −$162.5m | −$161.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $584.0m | $587.0m | $668.0m | $629.0m | $630.0m | $583.0m | $652.0m | $586.0m |
| Gross profit | $274.0m | $221.0m | $329.0m | $322.0m | $274.0m | $256.0m | $286.0m | $303.0m |
| Operating income | $114.0m | $135.0m | $234.0m | $183.0m | $159.0m | $102.0m | $226.0m | $69.0m |
| Net income | $33.0m | $37.0m | $61.0m | $117.0m | −$58.0m | $27.0m | $218.0m | $7.0m |
| Diluted earnings per share | 0.18 | 0.20 | 0.32 | 0.61 | -0.30 | 0.14 | 1.07 | 0.03 |
| Cash from operations | −$1.34bn | $165.0m | −$194.0m | −$462.0m | $330.0m | $224.0m | $306.0m | $261.0m |
| Capital spending | −$122.0m | −$110.0m | −$75.0m | −$69.0m | −$104.0m | −$76.0m | −$45.0m | −$30.0m |
| Free cash flow | −$1.46bn | $55.0m | −$269.0m | −$531.0m | $226.0m | $148.0m | $261.0m | $231.0m |
| Total assets | $8.04bn | $9.46bn | $9.16bn | $9.29bn | $11.24bn | $10.34bn | $10.28bn | $10.25bn |
| Cash and short-term investments | $558.0m | $1.27bn | $1.45bn | $1.70bn | $1.31bn | $631.0m | $584.0m | $501.0m |
| Debt | $4.36bn | $4.01bn | $4.18bn | $4.21bn | $6.55bn | $5.68bn | $5.39bn | $5.68bn |
| Shareholders' equity | $846.0m | $848.0m | $875.0m | $871.0m | $1.53bn | $1.64bn | $1.65bn | $1.48bn |
Financial ratios
Data as of 27 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 50.5% | 53.1% | 54.3% | 46.1% | 47.9% | 36.5% |
| Operating margin | 26.3% | 29.3% | 27.9% | 38.4% | 21.6% | -13.8% |
| Net margin | 5.9% | 13.9% | 6.2% | 10.6% | 11.8% | -28.8% |
| Return on equity | 16.8% | 21.1% | 10.8% | 19.2% | 37.6% | -115.6% |
| Return on assets | 1.6% | 3.4% | 1.5% | 2.6% | 4.3% | -6.9% |
| Free cash flow yield | 12.0% | 60.8% | 62.5% | 55.0% | 61.8% | 57.5% |
| Revenue growth | -0.0% | -0.7% | -2.6% | -36.5% | 31.2% | — |
| Earnings growth | -57.8% | 123.1% | -43.3% | -42.9% | -153.7% | — |
| Current ratio | 0.76x | 2.29x | 1.26x | 1.15x | 1.30x | 1.32x |
| Debt to equity | 4.77x | 3.26x | 3.94x | 4.05x | 5.12x | 0.58x |
| Equity ratio | 9.6% | 16.1% | 13.8% | 13.7% | 11.3% | 6.0% |
| Interest coverage | 3.26x | 3.43x | 3.25x | 4.45x | 2.49x | -1.03x |
| R&D as a share of sales | 1.9% | 1.7% | 1.4% | 1.7% | 5.8% | 6.1% |
| Buybacks as a share of market value | 6.4% | -2.0% | 1.5% | 1.9% | -1.0% | -0.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.1% | -4.2% | -6.1% |
| Operating income | -3.0% | 30.0% | 2.7% |
| Net income | -18.8% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 51.8% | 50.9% | 47.6% | 43.0% |
| Operating margin | 32.1% | 32.9% | 25.8% | 19.3% |
| Net margin | 9.9% | 9.1% | 2.9% | -1.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 20.1 | 10.3 | 35.1 | 16.7 | 12.4 | -3.9 | -161.1 | -139.5 | -5.0 | 24.4 |
| Price to sales | 1.2 | 1.4 | 2.2 | 1.8 | 1.5 | 1.1 | 0.8 | 0.8 | 1.1 | 1.0 |
Market value over time
30 Nov 2016 to 26 Oct 2026, in USD
$5.21bn$1.77bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -7% | -39% | 24% | -13% | 62% | 8% | 3% | -46% | 4% | 59% |
Dividends and splits
Per share, in the currency the company pays
Paid for 11 years. Last went ex-dividend on 18 Aug 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.69 | 3.82 | 0.80 | 0.80 | 0.80 | 0.20 | 0.20 | 0.80 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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