ARE Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	2018 - 1995
Revenue	2,954	2,886	2,589	2,114	1,886	1,531	Upgrade
Revenue Growth (YoY)	10.44%	11.46%	22.46%	12.12%	23.14%	15.36%	Upgrade
Cost of Revenue	870.56	859.18	783.15	623.56	530.22	445.49	Upgrade
Gross Profit	2,083	2,027	1,806	1,491	1,355	1,086	Upgrade
Selling, General & Admin	198.21	199.35	177.28	151.46	133.34	108.82	Upgrade
Other Operating Expenses	1,299	1,278	529.2	747.17	592.09	556.47	Upgrade
Operating Expenses	1,498	1,477	706.48	898.63	725.43	665.3	Upgrade
Operating Income	585.83	549.62	1,099	591.97	629.98	420.51	Upgrade
Interest Expense / Income	101.29	74.2	94.2	142.17	171.61	173.68	Upgrade
Other Expense / Income	288.22	371.77	483.47	-121.44	-312.59	-116.33	Upgrade
Pretax Income	196.32	103.64	521.66	571.25	770.96	363.17	Upgrade
Net Income	196.32	103.64	521.66	571.25	770.96	363.17	Upgrade
Preferred Dividends	12.25	11.2	8.39	7.85	10.17	12.17	Upgrade
Net Income Common	184.07	92.44	513.27	563.4	760.79	351	Upgrade
Net Income Growth	-75.05%	-81.99%	-8.90%	-25.95%	116.75%	-3.57%	Upgrade
Shares Outstanding (Basic)	175	174	164	155	135	115	Upgrade
Shares Change	1.09%	5.90%	5.89%	14.84%	17.19%	7.09%	Upgrade
EPS (Basic)	1.07	0.54	3.18	3.83	6.03	3.13	Upgrade
EPS (Diluted)	1.07	0.54	3.18	3.82	6.01	3.12	Upgrade
EPS Growth	-76.33%	-83.02%	-16.75%	-36.44%	92.63%	-11.36%	Upgrade
Free Cash Flow	-641.86	-857.75	-3,896.52	-6,323.73	-2,386.33	-2,793.84	Upgrade
Free Cash Flow Per Share	-3.67	-4.94	-23.75	-40.81	-17.68	-24.26	Upgrade
Dividend Per Share	5.020	4.960	4.720	4.480	4.240	4.000	Upgrade
Dividend Growth	5.02%	5.08%	5.36%	5.66%	6.00%	7.24%	Upgrade
Gross Margin	70.53%	70.23%	69.75%	70.51%	71.88%	70.91%	Upgrade
Operating Margin	19.83%	19.05%	42.46%	28.00%	33.41%	27.46%	Upgrade
Profit Margin	6.23%	3.20%	19.83%	26.65%	40.35%	22.92%	Upgrade
Free Cash Flow Margin	-21.73%	-29.72%	-150.51%	-299.11%	-126.55%	-182.45%	Upgrade
EBITDA	1,413	1,271	1,618	1,534	1,641	1,081	Upgrade
EBITDA Margin	47.84%	44.06%	62.50%	72.58%	87.01%	70.62%	Upgrade
Depreciation & Amortization	1,116	1,093	1,002	821.06	698.1	544.61	Upgrade
EBIT	297.61	177.84	615.86	713.41	942.57	536.84	Upgrade
EBIT Margin	10.07%	6.16%	23.79%	33.74%	49.99%	35.06%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).