Total Revenue

+1.6% (from $93,376M in Q4 2023 to $94,916M in Q4 2024)

Revenue growth was modest as overall sales improved slightly despite challenging cost environments, indicating stable core business performance. " "

COGS

100% increase (from ~$30,580M in Q4 2023 to $73,533M in Q4 2024)

COGS surged dramatically, likely due to substantial rises in input costs or a changed business mix leading to higher material and operational expenses, which significantly compressed margins relative to the prior period. " "

Operating Income (EBIT)

Declined by about 68% (from $44,965M in Q4 2023 to $14,527M in Q4 2024)

The steep decline in operating income reflects the dramatic increase in COGS that outpaced the modest revenue gains, underlining a severe margin compression and reduced operational efficiency compared to the previous period. " "

Net Income

Fell approximately 47% (from $37,758M in Q4 2023 to $19,694M in Q4 2024)

Net income declined sharply, as the lower operating income combined with higher expense pressures reduced overall profitability relative to the previous period’s results. " "

Basic EPS (Class A)

Decreased from 25.99 in Q4 2023 to 13,695 in Q4 2024

The substantial drop in EPS mirrors the significant declines in net and operating income, resulting in much lower profitability per share compared to the prior period. " "