MarginsNet marginFCF marginFY2025: net 23.6% · free cash flow 17.7% of revenue
Cash engineOperating cash flowFree cash flowFY2025: $4.36B operating cash − $2.20B capex = $2.16B free cash flow
Returns on capitalReturn on equityReturn on assetsreturn on equity 33% (FY2017) → 18% (FY2025) · on assets 6.4%
Balance sheetLiabilitiesEquityFY2025: $45.24B assets · $29.69B liabilities · $15.55B equity