Financials
Valor 202020212022202320242025 TTM Selling/general/admin expenses 776.9 M852.7 M853.7 M882.2 M870 M876.1 M 876.1 M Research & development 67.2 M70.7 M69.4 M66 M66.5 M71.9 M — Operating income 211.1 M484.1 M384 M462.6 M478.7 M465.3 M 465.3 M Non-Operating Income, Total -51 M-34.1 M7.4 M5.5 M49.3 M31.2 M 29.9 M Interest expense, net of interest capitalized 154.3 M133.5 M139.4 M163.2 M155.8 M125.9 M 125.9 M Non-Operating Income, excl. Interest Expenses -219.5 M-166.7 M-145.2 M-143.6 M-124.3 M-95.5 M -96.8 M Unusual income/expense 14.2 M-900 K13.2 M-14.1 M17.8 M800 K 800 K Pretax income 71 M349.7 M257.8 M285.3 M328 M340.2 M 340.2 M Equity in earnings 0————— — Taxes -19.3 M18.4 M14.9 M28.3 M107.5 M63.1 M 63.1 M Non-controlling/minority interest 10.6 M34.2 M21.7 M23.5 M25 M24.9 M 24.9 M After tax other income/expense —————— — Net income before discontinued operations 79.7 M297.1 M221.2 M233.5 M195.5 M252.2 M 252.2 M Discontinued operations -300 K0-400 K-600 K-600 K-800 K -800 K Net income 79.4 M297.1 M220.8 M232.9 M194.9 M251.4 M 251.4 M Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders 79.4 M297.1 M220.8 M232.9 M194.9 M251.4 M 251.4 M Basic earnings per share (Basic EPS) 0.271.020.780.860.750.98 0.98 Diluted earnings per share (Diluted EPS) 0.2710.770.840.740.96 0.96 Average basic shares outstanding 290.68 M291.62 M284.06 M271.88 M259.48 M256.66 M 1.03 B Diluted shares outstanding 292.12 M297.29 M287.59 M275.65 M264.68 M260.53 M 1.04 B EBITDA 220.7 M498.7 M397.7 M470.5 M401.6 M377.7 M 337.3 M EBIT 2.1 M276.1 M180.5 M253 M184.7 M163.9 M 123.5 M Cost of revenue 1.76 B2.14 B2.3 B2.21 B2.05 B2.07 B 2.07 B Other cost of goods sold —————— — Depreciation & amortization (cash flow) 218.6 M222.6 M217.2 M217.5 M216.9 M213.8 M 213.8 M