Also trades as: ARIS.MI (MIL) · $vol 2M

€4.12 ($4.62)

-0.13 (-2.96%)

Weekly Expected Move ±5.8%

€4 €4 €4 €4 €5

FSX · Industrials · Industrial - Machinery · Tech Score Buy · Power 64 · €1.5B mcap · 224M float · 0.0002% daily turnover

Revenue

$2.7B +1.0% ▲

5Y CAGR: +10.2%

Gross Profit

$1.2B +24.9% ▲

5Y CAGR: +20.6%

Operating Income

$178M +136.3% ▲

5Y CAGR: +3.6%

Net Income

$132M +5196.0% ▲

5Y CAGR: +6.5%

EPS (Diluted)

$0.38 +5488.2% ▲

5Y CAGR: +5.6%

EBITDA

$307M +52.0% ▲

5Y CAGR: +6.7%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.0B	$2.4B	$3.2B	$2.7B	$2.7B
YoY Growth	+19.4%	+21.8%	+30.1%	-14.9%	+1.0%
Cost of Revenue	$1.4B	$1.7B	$2.3B	$1.7B	$1.5B
Gross Profit	$603M	$707M	$891M	$994M	$1.2B
Gross Margin	30.3%	29.2%	28.3%	37.1%	45.9%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$425M	$471M	$0	$0	$89M
Operating Expenses	$452M	$499M	$603M	$930M	$1.1B
Operating Income	$151M	$208M	$288M	$75M	$178M
Operating Margin	7.6%	8.6%	9.1%	2.8%	6.6%
Interest Expense	$9M	$13M	$36M	$49M	$35M
Income Before Tax	$165M	$180M	$254M	$14M	$134M
Tax Expense	$29M	$40M	$62M	$11M	$1M
Net Income	$136M	$140M	$191M	$2M	$132M
Net Margin	6.9%	5.8%	6.1%	0.1%	4.9%
EPS (Diluted)	$0.41	$0.42	$0.51	$0.01	$0.38
EBITDA	$252M	$278M	$421M	$202M	$307M
Shares Outstanding	329M	331M	372M	368M	351M

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$1.3B	$1.6B	$1.6B	$1.3B	$1.4B	$1.3B	$1.4B	$1.4B
Cost of Revenue	$899M	$1.1B	$1.2B	$1.2B	$463M	$778M	$688M	$1.1B
Gross Profit	$364M	$467M	$424M	$51M	$942M	$526M	$715M	$296M
Gross Margin	28.8%	30.1%	26.5%	4.0%	67.0%	40.3%	51.0%	21.6%
R&D Expenses	$0	$0	$0	$0	$0	$6M	$0	$0
SG&A Expenses	$238M	$298M	$243M	$53M	-$53M	$373M	-$284M	$210M
Operating Expenses	$253M	$322M	$282M	$55M	$876M	$437M	$626M	$232M
Operating Income	$111M	$146M	$142M	-$4M	$79M	$89M	$89M	$65M
Operating Margin	8.8%	9.4%	8.9%	-0.3%	5.6%	6.8%	6.3%	4.7%
Interest Expense	$8M	$16M	$20M	$21M	$28M	$16M	$17M	$20M
Income Before Tax	$94M	$136M	$118M	-$29M	$43M	$68M	$66M	$47M
Tax Expense	$20M	$34M	$28M	$3M	$8M	$9M	-$7M	$12M
Net Income	$74M	$102M	$90M	-$32M	$34M	$59M	$74M	$36M
Net Margin	5.9%	6.5%	5.6%	-2.5%	2.4%	4.5%	5.3%	2.6%
EPS (Diluted)	$0.22	$0.27	$0.24	$-0.09	$0.10	$0.16	$0.22	$0.10
EBITDA	$147M	$208M	$214M	$60M	$142M	$87M	$220M	$135M
Shares Outstanding	331M	372M	372M	351M	368M	368M	336M	369M

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