FRA:AP0 Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,197	1,112	975.13	993.29	1,227
Revenue Growth (YoY)	7.64%	14.02%	-1.83%	-19.06%	36.43%
Cost of Revenue	649.6	593.73	529	509.98	562.54
Gross Profit	547.1	518.07	446.13	483.3	664.7
Selling, General & Admin	147.5	150.46	142.54	137.79	124.21
Operating Expenses	147.5	150.46	142.54	137.79	124.21
Operating Income	399.6	367.61	303.59	345.51	540.49
Interest Expense	-8.6	-8.61	-8.57	-9.91	-10.8
Interest & Investment Income	9.4	9.61	6.3	0.33	0.56
Other Non Operating Income (Expenses)	0.6	-0.5	0.51	0.91	0.36
EBT Excluding Unusual Items	401	368.11	301.83	336.84	530.61
Gain (Loss) on Sale of Investments	88.1	73.43	81.87	-23.6	20.95
Asset Writedown	-	-0.98	-	-1.41	-
Pretax Income	489.1	440.55	383.69	311.84	551.55
Income Tax Expense	111.3	90.9	71.89	63.45	107.03
Earnings From Continuing Operations	377.8	349.65	311.8	248.39	444.52
Minority Interest in Earnings	-87.5	-89.9	-89.52	-41.63	-108.01
Net Income	290.3	259.75	222.29	206.76	336.52
Preferred Dividends & Other Adjustments	-	22.3	19.88	22.8	31.43
Net Income to Common	290.3	237.45	202.41	183.95	305.09
Net Income Growth	11.76%	16.85%	7.51%	-38.56%	58.27%
Shares Outstanding (Basic)	66	65	63	62	60
Shares Outstanding (Diluted)	72	65	63	62	60
Shares Change (YoY)	10.38%	2.29%	1.58%	4.37%	7.63%
EPS (Basic)	4.43	3.66	3.19	2.94	5.10
EPS (Diluted)	4.05	3.66	3.19	2.94	5.09
EPS Growth	10.70%	14.69%	8.50%	-42.24%	49.71%
Free Cash Flow	-	368.09	244.4	293.05	392.58
Free Cash Flow Per Share	-	5.67	3.85	4.69	6.56
Dividend Per Share	3.300	2.980	2.440	2.470	3.980
Dividend Growth	10.74%	22.13%	-1.21%	-37.94%	29.22%
Gross Margin	45.72%	46.60%	45.75%	48.66%	54.16%
Operating Margin	33.39%	33.06%	31.13%	34.78%	44.04%
Profit Margin	24.26%	21.36%	20.76%	18.52%	24.86%
Free Cash Flow Margin	-	33.11%	25.06%	29.50%	31.99%
EBITDA	409.36	377.47	312.94	353.31	547.42
EBITDA Margin	34.21%	33.95%	32.09%	35.57%	44.61%
D&A For EBITDA	9.76	9.86	9.35	7.8	6.93
EBIT	399.6	367.61	303.59	345.51	540.49
EBIT Margin	33.39%	33.06%	31.13%	34.78%	44.04%
Effective Tax Rate	22.76%	20.63%	18.74%	20.35%	19.41%
Revenue as Reported	1,197	1,112	975.13	993.29	1,227

Source: S&P Global Market Intelligence. Standard template. Financial Sources.