Financials
Valor 202020212022202320242025 TTM Selling/general/admin expenses 410.9 M418 M494.2 M503.6 M533.1 M671.4 M — Research & development —————— — Operating income 279.8 M193 M327.2 M680.8 M646 M569 M 10.93 B Non-Operating Income, Total -32.7 M-20.6 M-36 M-35.1 M-29.9 M-76.8 M -110 M Interest expense, net of interest capitalized 33.9 M14.3 M43.7 M55.2 M62.1 M31.7 M — Non-Operating Income, excl. Interest Expenses -66.6 M-34.9 M-79.7 M-90.3 M-92 M-108.5 M -110 M Unusual income/expense —————— — Pretax income -31.5 M35.1 M-27 M402.6 M464.1 M444.1 M 3.29 B Equity in earnings —————— — Taxes 8.6 M5.3 M-78.1 M-132.1 M-22 M103.9 M 18.6 M Non-controlling/minority interest 00———— — After tax other income/expense —————— — Net income before discontinued operations -40.1 M29.8 M51.1 M534.7 M486.1 M340.2 M 3.27 B Discontinued operations —————— — Net income -40.1 M29.8 M51.1 M534.7 M486.1 M340.2 M 3.27 B Dilution adjustment ———0041.1 M — Preferred dividends ———49.9 M54.9 M91 M — Diluted net income available to common stockholders -40.1 M29.8 M51.1 M484.8 M431.2 M290.3 M 3.27 B Basic earnings per share (Basic EPS) ———8.037.143.18 — Diluted earnings per share (Diluted EPS) ———8.037.143.17 — Average basic shares outstanding ———60.4 M60.4 M91.38 M — Diluted shares outstanding ———60.4 M60.4 M91.53 M — EBITDA 769.2 M630.8 M789.3 M1.07 B1.08 B1 B — EBIT 290.6 M203.8 M347.3 M680.8 M646 M569 M 10.93 B Cost of revenue 2.31 B2.11 B2.11 B1.93 B2.14 B1.97 B — Other cost of goods sold —————— — Depreciation & amortization (cash flow) 478.6 M427 M442 M390.9 M430.1 M432.5 M —