Financials
Valor 202020212022202320242025 TTM Selling/general/admin expenses 21.1 M22.7 M23.1 M26.2 M26.1 M28.5 M 28.5 M Research & development —————— — Operating income 576.5 M727.2 M791.2 M816.9 M919 M1.01 B 1.01 B Non-Operating Income, Total —————— — Interest expense, net of interest capitalized 6.5 M7.3 M8.8 M8.4 M9.6 M14.1 M 14.1 M Non-Operating Income, excl. Interest Expenses —————— — Unusual income/expense —————— — Pretax income 492.2 M632.4 M647.2 M645.6 M730.8 M798.4 M 798.4 M Equity in earnings 10.3 M10.6 M5.3 M7.7 M14 M15.9 M 15.9 M Taxes 7.3 M14.6 M26.6 M37.9 M71.8 M113.8 M 113.8 M Non-controlling/minority interest 460.9 M571.4 M536.7 M489.1 M435.9 M331.7 M 331.7 M After tax other income/expense —————— — Net income before discontinued operations 24 M46.4 M83.9 M118.6 M223.1 M352.9 M 352.9 M Discontinued operations —————— — Net income 24 M46.4 M83.9 M118.6 M223.1 M352.9 M 352.9 M Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders 24 M46.4 M83.9 M118.6 M223.1 M352.9 M 352.9 M Basic earnings per share (Basic EPS) —————— — Diluted earnings per share (Diluted EPS) 1.331.761.762.082.492.86 2.99 Average basic shares outstanding 18 M25.6 M41.3 M56.289123.1 M 471 M Diluted shares outstanding 18.1 M25.7 M41.4 M56.389123.1 M 471.2 M EBITDA 739.9 M900.1 M981.3 M1.02 B1.13 B1.24 B 1.24 B EBIT 576.5 M727.2 M791.2 M816.9 M919 M1.01 B 1.01 B Cost of revenue —————— — Other cost of goods sold —————— — Depreciation & amortization (cash flow) 163.4 M172.9 M190.1 M200.9 M212.7 M228.2 M 228.2 M