Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.47B | $6.76B | $6.24B | $6.37B | $5.85B | $5.07B | $4.99B | $4.83B | $4.52B | $4.46B |
| Gross profit | $2.20B | $1.90B | $1.70B | $1.77B | $1.58B | $1.34B | $1.28B | $1.43B | $1.32B | $1.36B |
| Gross margin | 29.39% | 28.12% | 27.17% | 27.72% | 27.10% | 26.50% | 25.60% | 29.52% | 29.12% | 30.64% |
| Research & development | $167.0M | $111.0M | $109.0M | $111.0M | $86.0M | $74.0M | $87.0M | N/A | N/A | N/A |
| Operating expenses | $1.59B | $1.38B | $1.15B | $1.16B | $1.02B | $1.03B | $1.02B | $932.0M | $871.0M | $835.0M |
| Operating income | $607.0M | $520.0M | $547.0M | $611.0M | $559.0M | $311.0M | $258.0M | $493.0M | $445.0M | $530.0M |
| Operating margin | 8.12% | 7.69% | 8.76% | 9.59% | 9.56% | 6.13% | 5.17% | 10.21% | 9.85% | 11.90% |
| EBITDA | $802.0M | $664.0M | $645.0M | $705.0M | $647.0M | $397.0M | $338.0M | $559.0M | $512.0M | $594.0M |
| EBITDA margin | 10.73% | 9.82% | 10.33% | 11.07% | 11.07% | 7.83% | 6.78% | 11.58% | 11.33% | 13.33% |
| Net income | −$527.0M | $116.0M | $210.0M | $283.0M | $242.0M | $37.0M | $36.0M | $405.0M | −$394.0M | $177.0M |
| Net profit margin | −7.05% | 1.72% | 3.36% | 4.44% | 4.14% | 0.73% | 0.72% | 8.39% | −8.72% | 3.97% |
| Basic EPSper basic share | -$3.77 | $0.62 | $1.43 | $1.94 | $1.68 | $0.30 | $0.29 | $3.31 | -$3.22 | $1.44 |
| Diluted EPSper diluted share | -$3.77 | $0.61 | $1.42 | $1.90 | $1.63 | $0.29 | $0.29 | $3.30 | -$3.22 | $1.44 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | ≈14.24%21.65M shares |
Clayton, Dubilier & Rice, LLC | ≈9.86%14.99M shares |
CD&R Channel Holdings II, L.P. / CD&R Associates XII, L.P. / CD&R Investment Associates XII, Ltd. | ≈9.84%14.96M shares |
FMR LLC | ≈7.67%11.65M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈5.18%7.88M shares |
DIMENSIONAL FUND ADVISORS LP | ≈5.16%7.84M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈4.06%6.17M shares |
ARIEL INVESTMENTS, LLC | ≈4.04%6.14M shares |
STATE STREET CORP | ≈3.84%5.83M shares |
Boston Partners | ≈3.50%5.32M shares |
NEUBERGER BERMAN GROUP LLC | ≈3.00%4.56M shares |
FULLER & THALER ASSET MANAGEMENT, INC. | ≈2.42%3.68M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈2.33%3.54M shares |
Swedbank AB | ≈1.82%2.77M shares |
Pembroke Management, LTD | ≈1.48%2.25M shares |
D. E. Shaw & Co., Inc. | ≈1.36%2.07M shares |
GOLDENTREE ASSET MANAGEMENT LP | ≈1.25%1.89M shares |
MORGAN STANLEY | ≈1.16%1.76M shares |
NORTHERN TRUST CORP | ≈1.15%1.75M shares |
DME Capital Management, LP | ≈1.12%1.7M shares |
Percentages use 152M shares of this listed class outstanding on Jul 4, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Aug 17, 2026Form 4 | Mehta Amit AshvinSVP, Strategy & Business Ops | BuyCommon Stock | 10.9K | $20.68 | $226.0K | 57.4K |
| Aug 14, 2026Form 4 | Foster Joshua PeterSVP, GC & Corp Sec | BuyCommon Stock | 15.3K | $20.58 | $315.2K | 183.5K |
| Aug 14, 2026Form 4 | SURRAN THOMAS APresident and CEO | BuyCommon Stock | 15.0K | $20.46 | $306.9K | 338.6K |
| Nov 13, 2025Form 4 | CD&R Channel Holdings II, L.P. +2TenPercentOwner | BuyCommon Stock | 287.8K | $32.08 | $9.23M | 14.96M |
| Nov 13, 2025Form 4 | CD&R Channel Holdings II, L.P. +2TenPercentOwner | BuyCommon Stock | 278.9K | $31.55 | $8.80M | 14.67M |