Financials
Valor 202020212022202320242025 TTM Selling/general/admin expenses 92 M151 M212 M194 M199 M215 M 215 M Research & development —————— — Operating income 571 M2.06 B3.27 B3.4 B3.91 B4.01 B 3.85 B Non-Operating Income, Total 3 M-26 M-1 M2 M-11 M7 M 7 M Interest expense, net of interest capitalized 43 M105 M142 M178 M329 M311 M 311 M Non-Operating Income, excl. Interest Expenses -43 M-105 M-142 M-178 M-329 M-311 M -311 M Unusual income/expense 3 M-26 M-1 M2 M-11 M7 M 7 M Pretax income -280 M269 M481 M449 M136 M175 M 175 M Equity in earnings 5 M10 M13 M12 M18 M19 M 19 M Taxes -79 M93 M129 M136 M76 M76 M 76 M Non-controlling/minority interest ————13 M18 M 18 M After tax other income/expense 1 M-14 M-3 M2 M-11 M7 M 7 M Net income before discontinued operations -200.71 M176.43 M352 M313 M47 M81 M 81 M Discontinued operations —————— — Net income -200.71 M176.43 M352 M313 M47 M81 M 81 M Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders -200.71 M176.43 M352 M313 M47 M81 M 81 M Basic earnings per share (Basic EPS) -2.361.772.982.840.460.9 0.9 Diluted earnings per share (Diluted EPS) -2.361.752.932.80.450.89 0.89 Average basic shares outstanding 85.18 M99.75 M118 M110.1 M101.9 M89.9 M 364.9 M Diluted shares outstanding 85.18 M101.09 M120 M111.6 M103.1 M91.5 M 369.3 M EBITDA -200 M516 M855 M826 M726 M733 M 733 M EBIT -245 M390 M611 M613 M458 M460 M 460 M Cost of revenue —37 M—171 M377 M442 M 442 M Other cost of goods sold —37 M———— — Depreciation & amortization (cash flow) 45 M126 M244 M213 M268 M273 M 273 M