Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 544 M543 M526 M545 M549 M 2.16 B Research & development ————— — Operating income 669 M488 M526 M513 M331 M 1.86 B Non-Operating Income, Total -626 M-575 M-578 M-577 M-576 M -2.31 B Interest expense, net of interest capitalized 10 M582 M587 M582 M1 M 1.75 B Non-Operating Income, excl. Interest Expenses -634 M-1.16 B-1.17 B-1.16 B-576 M -4.06 B Unusual income/expense -2 M-1 M1 M3 M-1 M 2 M Pretax income -124 M-669 M-639 M-650 M-448 M -2.41 B Equity in earnings ————— — Taxes 19 M11 M13 M-25 M-10 M -11 M Non-controlling/minority interest 13 M17 M17 M16 M15 M 65 M After tax other income/expense -12 M1 M-2 M09 M 8 M Net income before discontinued operations 11 M-115 M-82 M-55 M-250 M -502 M Discontinued operations ————— — Net income 11 M-115 M-82 M-55 M-250 M -502 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders 11 M-115 M-82 M-55 M-250 M -502 M Basic earnings per share (Basic EPS) 0.04-0.54-0.39-0.27-1.22 -2.42 Diluted earnings per share (Diluted EPS) 0.04-0.54-0.39-0.27-1.22 -2.42 Average basic shares outstanding 215 M212 M209 M207 M208 M 836 M Diluted shares outstanding 215 M212 M209 M207 M208 M 836 M EBITDA 1.01 B845 M890 M865 M675 M 3.27 B EBIT 669 M488 M526 M513 M331 M 1.86 B Cost of revenue ————— — Other cost of goods sold ————— — Depreciation & amortization (cash flow) 345 M357 M364 M352 M344 M 1.42 B