Financials
Valor 20242025 TTM Selling/general/admin expenses 539 M574 M 574 M Research & development —— — Operating income -361 M181 M 181 M Non-Operating Income, Total -479 M-296 M -296 M Interest expense, net of interest capitalized 426 M-5 M 117 M Non-Operating Income, excl. Interest Expenses -904 M-241 M -363 M Unusual income/expense -1 M-50 M -50 M Pretax income -840 M-115 M -416 M Equity in earnings -6 M-3 M -3 M Taxes -89 M-2 M -2 M Non-controlling/minority interest -87 M-13 M -13 M After tax other income/expense —— — Net income before discontinued operations -664 M-100 M -100 M Discontinued operations —— — Net income -664 M-100 M -100 M Dilution adjustment -20 M0 0 Preferred dividends 22 M-2 M -2 M Diluted net income available to common stockholders -706 M-98 M -98 M Basic earnings per share (Basic EPS) -3.7-0.43 -0.43 Diluted earnings per share (Diluted EPS) -3.7-0.43 -0.43 Average basic shares outstanding 191 M228 M 913 M Diluted shares outstanding 191 M228 M 913 M EBITDA 515 M1.08 B 1.08 B EBIT -361 M181 M 181 M Cost of revenue 3.58 B3.63 B 3.63 B Other cost of goods sold —— — Depreciation & amortization (cash flow) 876 M895 M 895 M