Also trades as: 0L8F.L (LSE) · $vol 0M · SWN.DE (XETRA) · $vol 0M

$40.86

+0.08 (+0.20%)

Weekly Expected Move ±5.8%

$34 $36 $38 $41 $43

NYSE · Industrials · Airlines, Airports & Air Services · Alpha Radar Buy · Power 56 · $20.0B mcap · 484M float · 1.72% daily turnover · Short 60% of daily vol

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$28.1B +2.1% ▲

5Y CAGR: +25.4%

Gross Profit

$4.9B +9.8% ▲

Operating Income

$428M +33.3% ▲

Net Income

$441M -5.2% ▼

EPS (Diluted)

$0.79 +5.3% ▲

EBITDA

$2.2B -9.4% ▼

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$15.8B	$23.8B	$26.1B	$27.5B	$28.1B
YoY Growth	+74.5%	+50.8%	+9.6%	+5.3%	+2.1%
Cost of Revenue	$11.7B	$19.1B	$21.9B	$23.0B	$23.2B
Gross Profit	$4.1B	$4.8B	$4.2B	$4.5B	$4.9B
Gross Margin	26.1%	20.0%	16.2%	16.2%	17.4%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$346M	$4.5B
Operating Expenses	$2.4B	$3.7B	$4.0B	$4.1B	$4.5B
Operating Income	$1.7B	$1.0B	$224M	$321M	$428M
Operating Margin	10.9%	4.3%	0.9%	1.2%	1.5%
Interest Expense	$431M	$301M	$236M	$214M	$113M
Income Before Tax	$1.3B	$728M	$633M	$598M	$563M
Tax Expense	$348M	$189M	$168M	$133M	$122M
Net Income	$977M	$539M	$465M	$465M	$441M
Net Margin	6.2%	2.3%	1.8%	1.7%	1.6%
EPS (Diluted)	$1.61	$0.87	$0.76	$0.75	$0.79
EBITDA	$3.0B	$2.4B	$2.4B	$2.5B	$2.2B
Shares Outstanding	609M	642M	640M	643M	558M

Line Item	FY2024 Q2	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1
Revenue	$7.4B	$6.9B	$6.9B	$6.4B	$7.2B	$6.9B	$7.4B	$7.2B
Cost of Revenue	$5.9B	$5.8B	$5.7B	$5.6B	$5.9B	$5.8B	$5.9B	$6.5B
Gross Profit	$1.5B	$1.1B	$1.2B	$867M	$1.4B	$1.2B	$1.5B	$728M
Gross Margin	20.3%	16.3%	17.7%	13.5%	18.7%	16.7%	20.3%	10.0%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0	$1.1B	$1.1B	$0
Operating Expenses	$1.1B	$1.1B	$950M	$1.1B	$1.1B	$1.1B	$1.1B	$398M
Operating Income	$398M	$38M	$278M	-$223M	$225M	$35M	$391M	$330M
Operating Margin	5.4%	0.6%	4.0%	-3.5%	3.1%	0.5%	5.3%	4.6%
Interest Expense	$55M	$54M	$47M	$35M	$26M	$22M	$31M	$42M
Income Before Tax	$478M	$89M	$329M	-$192M	$280M	$68M	$407M	$285M
Tax Expense	$111M	$22M	$68M	-$43M	$67M	$14M	$84M	$58M
Net Income	$367M	$67M	$261M	-$149M	$213M	$54M	$323M	$227M
Net Margin	5.0%	1.0%	3.8%	-2.3%	2.9%	0.8%	4.3%	3.1%
EPS (Diluted)	$0.58	$0.11	$0.42	$-0.26	$0.39	$0.10	$0.61	$0.45
EBITDA	$937M	$581M	$783M	$239M	$706M	$484M	$809M	$728M
Shares Outstanding	643M	601M	641M	584M	541M	526M	521M	503M

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