MarginsNet marginFCF marginFY2025: net 5.4% · free cash flow 10.0% of revenue
Cash engineOperating cash flowFree cash flowFY2025: $2.58B operating cash − $155.0M capex = $2.42B free cash flow
Returns on capitalReturn on equityReturn on assetsreturn on equity -35% (FY2015) → 6% (FY2025) · on assets 3.3%
Balance sheetLiabilitiesEquityFY2025: $39.55B assets · $17.38B liabilities · $22.20B equity