CompanyGraph
What stands out
- Most companies in its industry are flow businesses; this one is a production business
At a glance
- Depends onMidstream position: 6 outgoing, 8 incoming connections
- ScaleLevered free cash flow is -$1.1B, lower than 95% of all stocks globally
- PositionOperating margin is -10%, lower than 95% of its Airlines peers (median 8%)
- Interpretations2 currently firing — 2
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are flow businesses; this one is a production business
Sign in to view price data.
Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
2.02BUSDvs all stocks (USD)
Revenue (TTM)
9.16BUSDvs all stocks (USD)
Profit Margin
-7.78%vs Airlines peers
Beta
1.73xvs all stocks
52-Week Change
24.31%vs all stocks
Market Capitalization
2.02BUSDvs all stocks (USD)
Enterprise Value
9.18BUSDvs all stocks (USD)
Forward P/E
-10.11xvs Airlines peers
Price to Sales (TTM)
0.2201xvs Airlines peers
Price to Book (MRQ)
1.11xvs Airlines peers
Enterprise to Revenue
1.00xvs Airlines peers
Enterprise to EBITDA
37.48xvs Airlines peers
Gross Margin
9.55%vs Airlines peers
Profit Margin
-7.78%vs Airlines peers
Operating Margin
-10.00%vs Airlines peers
Return on Assets (TTM)
-1.44%vs Airlines peers
Return on Equity (TTM)
-33.51%vs Airlines peers
Revenue (TTM)
9.16BUSDvs all stocks (USD)
Revenue per Share (TTM)
25.01USDUpdated Jul 19, 2026Quarterly Revenue Growth
4.70%vs Airlines peers
Gross Profit (TTM)
2.02BUSDvs all stocks (USD)
EBITDA (TTM)
505.00MUSDvs all stocks (USD)
Net Income (TTM)
-713.00MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
4.67%vs Airlines peers
Operating Cash Flow (TTM)
-88.00MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
-1.10BUSDvs all stocks (USD)
Trailing Annual Dividend Rate
0.00USDUpdated Jul 19, 2026Trailing Annual Dividend Yield
0.00%vs all stocks
Payout Ratio
0.00%vs Airlines peers
Revenue
9.06BUSDFY2025 · Dec 31, 2025Cost of Goods Sold
7.72BUSDFY2025 · Dec 31, 2025Gross Profit
1.34BUSDFY2025 · Dec 31, 2025Operating Income
-338.00MUSDvs all stocks (USD)
Pre-tax Income
-774.00MUSDFY2025 · Dec 31, 2025Income Tax Expense
-172.00MUSDFY2025 · Dec 31, 2025Net Income
-602.00MUSDFY2025 · Dec 31, 2025EBIT
-195.00MUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
505.00MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
305.00MUSDFY2025 · Dec 31, 2025Other Operating Expenses
1.37BUSDFY2025 · Dec 31, 2025Non-operating Interest Income
127.00MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
579.00MUSDFY2025 · Dec 31, 2025EPS (Basic)
-1.66USDFY2025 · Dec 31, 2025EPS (Diluted)
-1.66USDFY2025 · Dec 31, 2025Basic Shares Outstanding
362.10MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
362.10MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-602.00MUSDFY2025 · Dec 31, 2025Operating Cash Flow
-128.00MUSDFY2025 · Dec 31, 2025Free Cash Flow
-172.00MUSDDerived from operating cash flow minus capital expenditure. This filing charges 688M of depreciation against 44M of capital expenditure, and its own free-cash-flow line reads -1.22B.FY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
2.29BUSDFY2025 · Dec 31, 2025Interest Paid
427.00MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-602.00MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
688.00MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
-183.00MUSDFY2025 · Dec 31, 2025Stock-based Compensation
40.00MUSDFY2025 · Dec 31, 2025Other Non-cash Items
-99.00MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-22.00MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
50.00MUSDFY2025 · Dec 31, 2025Capital Expenditures
-44.00MUSDFY2025 · Dec 31, 2025Net Acquisitions
0.00USDFY2025 · Dec 31, 2025Purchase of Investments
-622.00MUSDFY2025 · Dec 31, 2025Sale of Investments
2.13BUSDFY2025 · Dec 31, 2025Other Investing Activity
277.00MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
1.74BUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
0.00USDFY2025 · Dec 31, 2025Long-term Debt Payments
-461.00MUSDFY2025 · Dec 31, 2025Common Stock Repurchase
-8.00MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
-417.00MUSDFY2025 · Dec 31, 2025Shares Outstanding
372.02MSharesUpdated Jul 19, 2026Float Shares
332.54MSharesUpdated Jul 19, 2026Shares Short
83.65MSharesUpdated Jul 19, 2026Short Ratio
3.00daysvs all stocks
Short % of Shares Outstanding
26.13%vs all stocks
% Held by Insiders
10.72%vs all stocks
% Held by Institutions
77.87%vs all stocks
Total Cash (MRQ)
2.17BUSDvs all stocks (USD)
Total Cash per Share (MRQ)
5.83USDUpdated Jul 19, 2026Total Debt (MRQ)
9.33BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
5.16xvs Airlines peers
Current Ratio (MRQ)
0.6990xvs Airlines peers
Book Value per Share (MRQ)
4.87USDUpdated Jul 19, 2026Total Assets
16.57BUSDvs all stocks (USD)
Total Current Assets
3.24BUSDFY2025 · Dec 31, 2025Total Liabilities
14.45BUSDFY2025 · Dec 31, 2025Total Non-current Assets
13.33BUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
10.05BUSDFY2025 · Dec 31, 2025Total Current Liabilities
4.40BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
1.95BUSDFY2025 · Dec 31, 2025Other Short-term Investments
213.00MUSDFY2025 · Dec 31, 2025Accounts Receivable
372.00MUSDFY2025 · Dec 31, 2025Inventory
193.00MUSDFY2025 · Dec 31, 2025Accounts Payable
655.00MUSDFY2025 · Dec 31, 2025Short-term Debt
848.00MUSDFY2025 · Dec 31, 2025Deferred Revenue
1.67BUSDFY2025 · Dec 31, 2025Long-term Debt
8.57BUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
329.00MUSDFY2025 · Dec 31, 2025Common Stock (Book)
5.00MUSDFY2025 · Dec 31, 2025Retained Earnings
717.00MUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
2.12BUSDvs all stocks (USD)
Treasury Stock
2.01BUSDFY2025 · Dec 31, 202552-Week Low
3.87USDUpdated Jul 19, 202652-Week High
6.50USDUpdated Jul 19, 202652-Week Change
24.31%vs all stocks
Beta
1.73xvs all stocks
50-Day MA
5.27USDUpdated Jul 19, 2026200-Day MA
4.95USDUpdated Jul 19, 2026Avg 10-Day Volume
29.79MSharesUpdated Jul 19, 2026Avg 30-Day Volume
28.48MSharesUpdated Jul 19, 2026Diluted EPS (TTM)
-1.93USDUpdated Jul 19, 2026Other Income / Expense
16.00MUSDFY2025 · Dec 31, 20252 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Working Capital Pattern
What customers owe has grown three years running, while it clears stock quickly and pays suppliers quickly.
Reads
Three Turnover Ratios Elevated
Collects fast, clears inventory fast, and pays suppliers fast too.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Operating margin is -10%, lower than 95% of its Airlines peers (median 8%)Significant
Operating margin: -0.10Industry median: 0.08Industry P5: -0.03Peers compared: 23.00
Profit margin is -7.8%, lower than 95% of its Airlines peers (median 4.8%)Significant
Profit margin: -0.08Industry median: 0.05Industry P5: -0.06Peers compared: 23.00
Return on equity is -33.5%, lower than 95% of its Airlines peers (median 10.7%)Significant
Return on equity: -0.34Industry median: 0.11Industry P5: -0.28Peers compared: 23.00
Structural Tensions
Most companies in its industry are flow businesses; this one is a production businessSignificant
Industry peers: 51.00Share on the common pattern %: 94.00
Financial Health
Altman Z-Score 0.57: distress zoneCritical
Altman Z-Score: 0.57
High earnings qualityNotable
Earnings Quality Score: 0.52
Supply Chain
Midstream position: 6 outgoing, 8 incoming connectionsNotable
Outgoing: 6.00Incoming: 8.00
High connectivity hub: 14 industry connectionsNotable
Total Connections: 14.00
Scale
Levered free cash flow is -$1.1B, lower than 95% of all stocks globallySignificant
Levered free cash flow (USD): -1,098,125,056Global P5: -219,013,500
Market cap is $2.02B, above the global median of $1.15BNotable
Market cap (USD): 2,016,342,405Global Median: 1,146,734,693.424
Revenue is $9.16B, above the global median of $520.53MNotable
Revenue (USD): 9,162,000,384Global Median: 520,528,949.311
Companies that share the same coordination system — how they create, deliver, or capture value.
Cocreation Grass Co. Ltd.
Tier 1ProductionPerishable CapacityRuleFlow
BTG Hotels Group Co., Ltd.
Tier 1ProductionPerishable CapacityFlowInterface
EIH Limited
Tier 1ProductionPerishable CapacityAttentionFlow
Schloss Bangalore Ltd
Tier 1ProductionPerishable CapacityFlowInterface
Goldlok Holdings GZ Co., Ltd.
Tier 1ProductionPerishable CapacityFlowRule
Taiba Investments Co.
Tier 1ProductionPerishable CapacityFlowInterface
Bloks Group Ltd
Tier 1ProductionPerishable CapacityFlowRule
Tomy Company Ltd.
Tier 1ProductionPerishable CapacityFlowRule
Fila Holdings Corp.
Tier 1ProductionPerishable CapacityFlowRule
Financière Amuse TopCo SAS
Tier 1ProductionPerishable CapacityFlowInterface
Companies that share active interpretations — structural patterns currently present in both stocks.
Darden Restaurants, Inc.
2 interpretationsThree Turnover Ratios ElevatedWorking Capital Pattern
Moonpig Group plc
2 interpretationsThree Turnover Ratios ElevatedWorking Capital Pattern
Paycom Software, Inc.
2 interpretationsThree Turnover Ratios ElevatedWorking Capital Pattern