Financials
Valor 202020212022202320242025 TTM Selling/general/admin expenses 494.94 M578.2 M652.7 M703.5 M758.7 M818.8 M 818.8 M Research & development 48.2 M50.1 M61.4 M68.4 M67.4 M70 M — Operating income 520.71 M637 M751.4 M732.5 M677.2 M699.3 M 699.3 M Non-Operating Income, Total -8.63 M-17.3 M4.7 M-12.5 M3.6 M-7.9 M -2.3 M Interest expense, net of interest capitalized 44.75 M41 M40.7 M51.7 M—— — Non-Operating Income, excl. Interest Expenses -47.75 M-42.1 M-39.9 M-59 M1 M-5.6 M 0 Unusual income/expense -5.63 M-16.2 M3.9 M-5.2 M2.6 M-2.3 M -2.3 M Pretax income 470.34 M579.8 M749.4 M760.3 M639.3 M632.6 M 632.6 M Equity in earnings —————— — Taxes 92.56 M130.5 M162.7 M164.7 M134.7 M150.1 M 150.1 M Non-controlling/minority interest —-100 K-200 K-500 K-400 K-700 K -700 K After tax other income/expense —————— — Net income before discontinued operations 377.78 M449.4 M586.9 M596.1 M505 M483.2 M 483.2 M Discontinued operations —————— — Net income 377.78 M449.4 M586.9 M596.1 M505 M483.2 M 483.2 M Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders 377.78 M449.4 M586.9 M596.1 M505 M483.2 M 483.2 M Basic earnings per share (Basic EPS) 4.985.917.747.876.666.41 6.41 Diluted earnings per share (Diluted EPS) 4.945.887.717.856.646.41 6.41 Average basic shares outstanding 75.74 M76 M75.7 M75.6 M75.7 M75.3 M 301.6 M Diluted shares outstanding 76.4 M76.4 M76 M75.9 M75.9 M75.3 M 301.8 M EBITDA 509.72 M633.5 M1.48 B713.6 M678.3 M706.3 M 722.7 M EBIT 426.22 M530.5 M1.36 B561.5 M502.7 M499.8 M 419.7 M Cost of revenue 1.32 B1.54 B1.75 B1.83 B1.82 B1.92 B 1.92 B Other cost of goods sold —————— — Depreciation & amortization (cash flow) 83.5 M103 M119.7 M152.1 M175.6 M206.5 M 303 M