FELE: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	2.13bn	2.02bn
Cost of revenue	1.38bn	1.30bn
Gross profit	756m	717m
Selling, general and administrative	486m	470m
Operating income	269m	244m
Interest expense	11m	6m
Pre-tax income	195m	232m
Income tax	46m	50m
Net income	147m	180m
Earnings per share	3.25	3.92
Earnings per share, diluted	3.22	3.86

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	80m	100m	103m	105m	84m	221m	106m	58m
Receivables	298m	248m	291m	315m	272m	227m	272m	299m
Inventory	583m	553m	569m	574m	560m	484m	525m	525m
Current assets	1.02bn	959m	1.02bn	1.04bn	957m	964m	942m	919m
Property, plant and equipment	252m	252m	245m	241m	237m	224m	226m	224m
Goodwill	400m	398m	398m	396m	392m	339m	341m	340m
Total assets	2.00bn	1.94bn	2.00bn	2.02bn	1.93bn	1.82bn	1.81bn	1.78bn
Current liabilities	380m	344m	401m	604m	484m	434m	393m	346m
Short-term debt	90m	32m	69m	270m	150m	118m	76m	42m
Long-term debt	134m	135m	135m	15m	15m	12m	12m	87m
Equity	1.34bn	1.32bn	1.32bn	1.26bn	1.30bn	1.27bn	1.27bn	1.22bn
Shares outstanding	44m	44m	45m	44m	46m	46m	46m	46m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	239m	261m
Depreciation and amortisation	63m	56m
Share-based compensation	13m	12m
Capital expenditure	45m	42m
Investing cash flow	−157m	−46m
Dividends paid	50m	47m
Share buybacks	166m	61m
Financing cash flow	−197m	−74m