Financials
Valor 202020212022202320242025 TTM Selling/general/admin expenses 628.52 M733.6 M846.43 M993.2 M1.23 B1.31 B — Research & development —————— — Operating income 169.41 M201.64 M219.03 M244.89 M337.51 M338.08 M -252.6 M Non-Operating Income, Total 361 K35.92 M146 K5.81 M3.24 M2.14 M — Interest expense, net of interest capitalized —————— — Non-Operating Income, excl. Interest Expenses 012.52 M0000 — Unusual income/expense 361 K23.4 M146 K5.81 M3.24 M2.14 M — Pretax income 145.46 M209 M193.98 M203.34 M257.9 M266.51 M -252.6 M Equity in earnings —————— — Taxes 35.87 M52.88 M48.97 M56.32 M70.12 M75.77 M 203.55 M Non-controlling/minority interest 6.35 M7.42 M9.38 M14.14 M15.62 M15.87 M — After tax other income/expense -12.31 M-15.76 M-18.96 M-22.4 M-517 K-2.13 M — Net income before discontinued operations 109.59 M156.13 M145.01 M147.02 M187.77 M190.75 M -456.15 M Discontinued operations —————— — Net income 109.59 M156.13 M145.01 M147.02 M187.77 M190.75 M -456.15 M Dilution adjustment -6.35 M-7.42 M-9.38 M-14.14 M-15.62 M-15.87 M — Preferred dividends 15.98 M13.5 M14.55 M32.49 M37.77 M29.83 M — Diluted net income available to common stockholders 87.26 M135.21 M121.07 M100.39 M134.38 M145.05 M -456.15 M Basic earnings per share (Basic EPS) 2.043.082.742.252.983.19 — Diluted earnings per share (Diluted EPS) 2.023.052.722.242.973.17 -10.11 Average basic shares outstanding 42.76 M43.84 M44.18 M44.56 M45.02 M45.53 M 179.28 M Diluted shares outstanding 43.18 M44.4 M44.49 M44.79 M45.28 M45.75 M 180.32 M EBITDA 283.51 M351.02 M360.57 M419.88 M492.78 M553.36 M — EBIT 185.13 M252.05 M250.43 M291.94 M327.51 M368.15 M — Cost of revenue 1.87 B2.2 B2.57 B2.95 B3.5 B3.65 B — Other cost of goods sold 1.87 B2.2 B2.57 B2.95 B3.5 B3.65 B — Depreciation & amortization (cash flow) 98.38 M98.97 M110.14 M127.93 M165.27 M185.21 M 252.6 M