{
  "ticker": {
    "uuid": "0b9f7c17-7fe4-4a20-b2b6-6a7297254aca",
    "symbol": "MELI",
    "name": "MercadoLibre Inc.",
    "exchange": "NASDAQ",
    "exchange_name": "NASDAQ",
    "country": "US",
    "currency": "USD",
    "sector": "Consumer Cyclical",
    "industry": "Internet Retail",
    "page_url": "https://sharemaestro.com/factors/ticker/0b9f7c17-7fe4-4a20-b2b6-6a7297254aca/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/0b9f7c17-7fe4-4a20-b2b6-6a7297254aca/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "0b9f7c17-7fe4-4a20-b2b6-6a7297254aca",
      "symbol": "MELI",
      "name": "MercadoLibre Inc.",
      "exchange": "NASDAQ",
      "exchange_name": "NASDAQ",
      "country": "US",
      "currency": "USD",
      "sector": "Consumer Cyclical",
      "industry": "Internet Retail",
      "page_url": "https://sharemaestro.com/factors/ticker/0b9f7c17-7fe4-4a20-b2b6-6a7297254aca/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/0b9f7c17-7fe4-4a20-b2b6-6a7297254aca/"
    },
    "week_end_date": "2026-07-26",
    "universe": "USD_US",
    "score": {
      "os": 0.13,
      "value": 0.09,
      "quality": 0.93,
      "momentum": 0.12,
      "coverage": 0.97,
      "confidence": 0.929,
      "delta": 0
    },
    "headline_factors": {
      "price": 1801.44,
      "market_cap": 91327931542.08,
      "pe_ratio": 47.5666,
      "earnings_yield": 0.0249,
      "ebitda_to_ev": 0.0339,
      "shareholder_yield": 0.0,
      "roe": 0.2637,
      "piotroski_f_score": 5,
      "momentum_12_1": -0.291,
      "volatility_252d": 0.3685
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": true,
      "earnings_consistent_5y": true
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": 47.5666,
        "ev_ebitda": 29.5322,
        "earnings_yield": 0.0249,
        "fcf_yield": 0.1319,
        "shareholder_yield": 0.0
      },
      "quality": {
        "roe": 0.2637,
        "roic": 0.1318,
        "gross_margin": 0.4386,
        "fcf_margin": 0.4146,
        "piotroski_f_score": 5
      },
      "growth": {
        "revenue_growth_1y": 0.4211,
        "eps_growth_1y": -0.0684,
        "fcf_growth_1y": 0.5822
      },
      "momentum": {
        "price_return_12m": -0.2375,
        "momentum_12_1": -0.291,
        "relative_strength": -0.4537
      },
      "scores": {
        "value_percentile": 0.09,
        "quality_percentile": 0.93,
        "momentum_percentile": 0.12,
        "growth_composite": 27,
        "yield_composite": 80,
        "overall_composite": 87,
        "os_score": 0.13,
        "factor_coverage": 0.97,
        "signal_confidence": 0.929
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 1607.8,
      "os": 0.15,
      "value": 0.13,
      "quality": 0.92,
      "momentum": 0.08,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 42.4536,
      "earnings_yield": 0.0277,
      "shareholder_yield": 0.0,
      "roe": 0.2637,
      "momentum_12_1": -0.3424
    },
    {
      "week_end_date": "2026-06-14",
      "price": 1589.6,
      "os": 0.15,
      "value": 0.14,
      "quality": 0.92,
      "momentum": 0.05,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 41.973,
      "earnings_yield": 0.0279,
      "shareholder_yield": 0.0,
      "roe": 0.2637,
      "momentum_12_1": -0.3479
    },
    {
      "week_end_date": "2026-06-21",
      "price": 1635.15,
      "os": 0.13,
      "value": 0.12,
      "quality": 0.92,
      "momentum": 0.08,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 43.1758,
      "earnings_yield": 0.0272,
      "shareholder_yield": 0.0,
      "roe": 0.2637,
      "momentum_12_1": -0.3076
    },
    {
      "week_end_date": "2026-06-28",
      "price": 1675.1,
      "os": 0.14,
      "value": 0.13,
      "quality": 0.91,
      "momentum": 0.05,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 44.2307,
      "earnings_yield": 0.0266,
      "shareholder_yield": 0.0,
      "roe": 0.2637,
      "momentum_12_1": -0.3376
    },
    {
      "week_end_date": "2026-07-05",
      "price": 1763.36,
      "os": 0.14,
      "value": 0.11,
      "quality": 0.92,
      "momentum": 0.09,
      "confidence": 0.961,
      "coverage": 0.97,
      "pe_ratio": 46.5611,
      "earnings_yield": 0.0254,
      "shareholder_yield": 0.0,
      "roe": 0.2637,
      "momentum_12_1": -0.3605
    },
    {
      "week_end_date": "2026-07-12",
      "price": 1852.22,
      "os": 0.17,
      "value": 0.1,
      "quality": 0.93,
      "momentum": 0.18,
      "confidence": 0.951,
      "coverage": 0.97,
      "pe_ratio": 48.9075,
      "earnings_yield": 0.0243,
      "shareholder_yield": 0.0,
      "roe": 0.2637,
      "momentum_12_1": -0.3342
    },
    {
      "week_end_date": "2026-07-19",
      "price": 1813.91,
      "os": 0.13,
      "value": 0.1,
      "quality": 0.92,
      "momentum": 0.1,
      "confidence": 0.94,
      "coverage": 0.97,
      "pe_ratio": 47.8959,
      "earnings_yield": 0.0248,
      "shareholder_yield": 0.0,
      "roe": 0.2637,
      "momentum_12_1": -0.3225
    },
    {
      "week_end_date": "2026-07-26",
      "price": 1801.44,
      "os": 0.13,
      "value": 0.09,
      "quality": 0.93,
      "momentum": 0.12,
      "confidence": 0.929,
      "coverage": 0.97,
      "pe_ratio": 47.5666,
      "earnings_yield": 0.0249,
      "shareholder_yield": 0.0,
      "roe": 0.2637,
      "momentum_12_1": -0.291
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 28893000000,
          "cost_of_revenue": 16035000000,
          "gross_profit": 12858000000,
          "ebit": 2990000000,
          "ebitda": 3561000000,
          "pretax_income": 2842000000,
          "tax_provision": 845000000,
          "net_income": 1997000000,
          "net_income_to_common": 1997000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 33573000000,
          "total_assets": 42667000000,
          "short_term_debt": 5053000000,
          "long_term_debt": 4488000000,
          "total_debt": 11392000000,
          "total_liabilities": 35919000000,
          "total_equity": 6748000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 196000000
        },
        "cash_flow": {
          "operating_cash_flow": 12116000000,
          "capital_expenditure": 1343000000,
          "free_cash_flow": 13459000000,
          "dividends_paid": null,
          "share_repurchases": -1000000,
          "shares_issued": null,
          "net_debt_issued": 2905000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 28893000000,
          "cost_of_revenue": 16035000000,
          "gross_profit": 12858000000,
          "ebit": 2990000000,
          "ebitda": 3561000000,
          "pretax_income": 2842000000,
          "tax_provision": 845000000,
          "net_income": 1997000000,
          "net_income_to_common": 1997000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 33573000000,
          "total_assets": 42667000000,
          "short_term_debt": 5053000000,
          "long_term_debt": 4488000000,
          "total_debt": 11392000000,
          "total_liabilities": 35919000000,
          "total_equity": 6748000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 196000000
        },
        "cash_flow": {
          "operating_cash_flow": 12116000000,
          "capital_expenditure": 1343000000,
          "free_cash_flow": 13459000000,
          "dividends_paid": null,
          "share_repurchases": -1000000,
          "shares_issued": null,
          "net_debt_issued": 2905000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 28893000000,
          "cost_of_revenue": 16035000000,
          "gross_profit": 12858000000,
          "ebit": 2990000000,
          "ebitda": 3561000000,
          "pretax_income": 2842000000,
          "tax_provision": 845000000,
          "net_income": 1997000000,
          "net_income_to_common": 1997000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 33573000000,
          "total_assets": 42667000000,
          "short_term_debt": 5053000000,
          "long_term_debt": 4488000000,
          "total_debt": 11392000000,
          "total_liabilities": 35919000000,
          "total_equity": 6748000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 196000000
        },
        "cash_flow": {
          "operating_cash_flow": 12116000000,
          "capital_expenditure": 1343000000,
          "free_cash_flow": 13459000000,
          "dividends_paid": null,
          "share_repurchases": -1000000,
          "shares_issued": null,
          "net_debt_issued": 2905000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 28893000000,
          "cost_of_revenue": 16035000000,
          "gross_profit": 12858000000,
          "ebit": 2990000000,
          "ebitda": 3561000000,
          "pretax_income": 2842000000,
          "tax_provision": 845000000,
          "net_income": 1997000000,
          "net_income_to_common": 1997000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 33573000000,
          "total_assets": 42667000000,
          "short_term_debt": 5053000000,
          "long_term_debt": 4488000000,
          "total_debt": 11392000000,
          "total_liabilities": 35919000000,
          "total_equity": 6748000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 196000000
        },
        "cash_flow": {
          "operating_cash_flow": 12116000000,
          "capital_expenditure": 1343000000,
          "free_cash_flow": 13459000000,
          "dividends_paid": null,
          "share_repurchases": -1000000,
          "shares_issued": null,
          "net_debt_issued": 2905000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 28893000000,
          "cost_of_revenue": 16035000000,
          "gross_profit": 12858000000,
          "ebit": 2990000000,
          "ebitda": 3561000000,
          "pretax_income": 2842000000,
          "tax_provision": 845000000,
          "net_income": 1997000000,
          "net_income_to_common": 1997000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 33573000000,
          "total_assets": 42667000000,
          "short_term_debt": 5053000000,
          "long_term_debt": 4488000000,
          "total_debt": 11392000000,
          "total_liabilities": 35919000000,
          "total_equity": 6748000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 196000000
        },
        "cash_flow": {
          "operating_cash_flow": 12116000000,
          "capital_expenditure": 1343000000,
          "free_cash_flow": 13459000000,
          "dividends_paid": null,
          "share_repurchases": -1000000,
          "shares_issued": null,
          "net_debt_issued": 2905000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 28893000000,
          "cost_of_revenue": 16035000000,
          "gross_profit": 12858000000,
          "ebit": 2990000000,
          "ebitda": 3561000000,
          "pretax_income": 2842000000,
          "tax_provision": 845000000,
          "net_income": 1997000000,
          "net_income_to_common": 1997000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 33573000000,
          "total_assets": 42667000000,
          "short_term_debt": 5053000000,
          "long_term_debt": 4488000000,
          "total_debt": 11392000000,
          "total_liabilities": 35919000000,
          "total_equity": 6748000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 196000000
        },
        "cash_flow": {
          "operating_cash_flow": 12116000000,
          "capital_expenditure": 1343000000,
          "free_cash_flow": 13459000000,
          "dividends_paid": null,
          "share_repurchases": -1000000,
          "shares_issued": null,
          "net_debt_issued": 2905000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 28893000000,
          "cost_of_revenue": 16035000000,
          "gross_profit": 12858000000,
          "ebit": 2990000000,
          "ebitda": 3561000000,
          "pretax_income": 2842000000,
          "tax_provision": 845000000,
          "net_income": 1997000000,
          "net_income_to_common": 1997000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 33573000000,
          "total_assets": 42667000000,
          "short_term_debt": 5053000000,
          "long_term_debt": 4488000000,
          "total_debt": 11392000000,
          "total_liabilities": 35919000000,
          "total_equity": 6748000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 196000000
        },
        "cash_flow": {
          "operating_cash_flow": 12116000000,
          "capital_expenditure": 1343000000,
          "free_cash_flow": 13459000000,
          "dividends_paid": null,
          "share_repurchases": -1000000,
          "shares_issued": null,
          "net_debt_issued": 2905000000
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 20777000000,
          "cost_of_revenue": 11200000000,
          "gross_profit": 9577000000,
          "ebit": 2597000000,
          "ebitda": 3214000000,
          "pretax_income": 2432000000,
          "tax_provision": 521000000,
          "net_income": 1911000000,
          "net_income_to_common": 1911000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 2635000000,
          "total_current_assets": 20142000000,
          "total_assets": 25196000000,
          "short_term_debt": 3069000000,
          "long_term_debt": 2806000000,
          "total_debt": 6850000000,
          "total_liabilities": 20845000000,
          "total_equity": 4351000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 210000000
        },
        "cash_flow": {
          "operating_cash_flow": 7918000000,
          "capital_expenditure": 860000000,
          "free_cash_flow": 8778000000,
          "dividends_paid": null,
          "share_repurchases": -1000000,
          "shares_issued": null,
          "net_debt_issued": 1960000000
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8845000000,
          "cost_of_revenue": 4983000000,
          "gross_profit": 3862000000,
          "ebit": 644000000,
          "ebitda": 890000000,
          "pretax_income": 579000000,
          "tax_provision": 162000000,
          "net_income": 417000000,
          "net_income_to_common": 417000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3677000000,
          "total_current_assets": 37123000000,
          "total_assets": 46934000000,
          "short_term_debt": 5788000000,
          "long_term_debt": 4539000000,
          "total_debt": 12345000000,
          "total_liabilities": 39653000000,
          "total_equity": 7281000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 198000000
        },
        "cash_flow": {
          "operating_cash_flow": 1552000000,
          "capital_expenditure": 271000000,
          "free_cash_flow": 1823000000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 473000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8845000000,
          "cost_of_revenue": 4983000000,
          "gross_profit": 3862000000,
          "ebit": 644000000,
          "ebitda": 890000000,
          "pretax_income": 579000000,
          "tax_provision": 162000000,
          "net_income": 417000000,
          "net_income_to_common": 417000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3677000000,
          "total_current_assets": 37123000000,
          "total_assets": 46934000000,
          "short_term_debt": 5788000000,
          "long_term_debt": 4539000000,
          "total_debt": 12345000000,
          "total_liabilities": 39653000000,
          "total_equity": 7281000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 198000000
        },
        "cash_flow": {
          "operating_cash_flow": 1552000000,
          "capital_expenditure": 271000000,
          "free_cash_flow": 1823000000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 473000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8845000000,
          "cost_of_revenue": 4983000000,
          "gross_profit": 3862000000,
          "ebit": 644000000,
          "ebitda": 890000000,
          "pretax_income": 579000000,
          "tax_provision": 162000000,
          "net_income": 417000000,
          "net_income_to_common": 417000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3677000000,
          "total_current_assets": 37123000000,
          "total_assets": 46934000000,
          "short_term_debt": 5788000000,
          "long_term_debt": 4539000000,
          "total_debt": 12345000000,
          "total_liabilities": 39653000000,
          "total_equity": 7281000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 198000000
        },
        "cash_flow": {
          "operating_cash_flow": 1552000000,
          "capital_expenditure": 271000000,
          "free_cash_flow": 1823000000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 473000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8845000000,
          "cost_of_revenue": 4983000000,
          "gross_profit": 3862000000,
          "ebit": 644000000,
          "ebitda": 890000000,
          "pretax_income": 579000000,
          "tax_provision": 162000000,
          "net_income": 417000000,
          "net_income_to_common": 417000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3677000000,
          "total_current_assets": 37123000000,
          "total_assets": 46934000000,
          "short_term_debt": 5788000000,
          "long_term_debt": 4539000000,
          "total_debt": 12345000000,
          "total_liabilities": 39653000000,
          "total_equity": 7281000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 198000000
        },
        "cash_flow": {
          "operating_cash_flow": 1552000000,
          "capital_expenditure": 271000000,
          "free_cash_flow": 1823000000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 473000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8845000000,
          "cost_of_revenue": 4983000000,
          "gross_profit": 3862000000,
          "ebit": 644000000,
          "ebitda": 890000000,
          "pretax_income": 579000000,
          "tax_provision": 162000000,
          "net_income": 417000000,
          "net_income_to_common": 417000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3677000000,
          "total_current_assets": 37123000000,
          "total_assets": 46934000000,
          "short_term_debt": 5788000000,
          "long_term_debt": 4539000000,
          "total_debt": 12345000000,
          "total_liabilities": 39653000000,
          "total_equity": 7281000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 198000000
        },
        "cash_flow": {
          "operating_cash_flow": 1552000000,
          "capital_expenditure": 271000000,
          "free_cash_flow": 1823000000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 473000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8845000000,
          "cost_of_revenue": 4983000000,
          "gross_profit": 3862000000,
          "ebit": 644000000,
          "ebitda": 890000000,
          "pretax_income": 579000000,
          "tax_provision": 162000000,
          "net_income": 417000000,
          "net_income_to_common": 417000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3677000000,
          "total_current_assets": 37123000000,
          "total_assets": 46934000000,
          "short_term_debt": 5788000000,
          "long_term_debt": 4539000000,
          "total_debt": 12345000000,
          "total_liabilities": 39653000000,
          "total_equity": 7281000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 198000000
        },
        "cash_flow": {
          "operating_cash_flow": 1552000000,
          "capital_expenditure": 271000000,
          "free_cash_flow": 1823000000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 473000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8845000000,
          "cost_of_revenue": 4983000000,
          "gross_profit": 3862000000,
          "ebit": 611000000,
          "ebitda": 857000000,
          "pretax_income": 579000000,
          "tax_provision": 162000000,
          "net_income": 417000000,
          "net_income_to_common": 417000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3677000000,
          "total_current_assets": 37123000000,
          "total_assets": 46934000000,
          "short_term_debt": 5788000000,
          "long_term_debt": 4539000000,
          "total_debt": 12345000000,
          "total_liabilities": 39653000000,
          "total_equity": 7281000000,
          "shares_outstanding": 50697000,
          "goodwill_and_intangibles": 198000000
        },
        "cash_flow": {
          "operating_cash_flow": 1552000000,
          "capital_expenditure": 271000000,
          "free_cash_flow": 1823000000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": 473000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8759000000,
          "cost_of_revenue": 4975000000,
          "gross_profit": 3784000000,
          "ebit": 822000000,
          "ebitda": 1060000000,
          "pretax_income": 784000000,
          "tax_provision": 225000000,
          "net_income": 559000000,
          "net_income_to_common": 559000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 33573000000,
          "total_assets": 42667000000,
          "short_term_debt": 5053000000,
          "long_term_debt": 4488000000,
          "total_debt": 11392000000,
          "total_liabilities": 35919000000,
          "total_equity": 6748000000,
          "shares_outstanding": 50697250,
          "goodwill_and_intangibles": 196000000
        },
        "cash_flow": {
          "operating_cash_flow": 5209000000,
          "capital_expenditure": 427000000,
          "free_cash_flow": 5636000000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 0,
          "net_debt_issued": 1382000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8759000000,
          "cost_of_revenue": 4975000000,
          "gross_profit": 3784000000,
          "ebit": 822000000,
          "ebitda": 1060000000,
          "pretax_income": 784000000,
          "tax_provision": 225000000,
          "net_income": 559000000,
          "net_income_to_common": 559000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 33573000000,
          "total_assets": 42667000000,
          "short_term_debt": 5053000000,
          "long_term_debt": 4488000000,
          "total_debt": 11392000000,
          "total_liabilities": 35919000000,
          "total_equity": 6748000000,
          "shares_outstanding": 50697250,
          "goodwill_and_intangibles": 196000000
        },
        "cash_flow": {
          "operating_cash_flow": 5209000000,
          "capital_expenditure": 427000000,
          "free_cash_flow": 5636000000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 0,
          "net_debt_issued": 1382000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8759000000,
          "cost_of_revenue": 4975000000,
          "gross_profit": 3784000000,
          "ebit": 822000000,
          "ebitda": 1060000000,
          "pretax_income": 784000000,
          "tax_provision": 225000000,
          "net_income": 559000000,
          "net_income_to_common": 559000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 33573000000,
          "total_assets": 42667000000,
          "short_term_debt": 5053000000,
          "long_term_debt": 4488000000,
          "total_debt": 11392000000,
          "total_liabilities": 35919000000,
          "total_equity": 6748000000,
          "shares_outstanding": 50697250,
          "goodwill_and_intangibles": 196000000
        },
        "cash_flow": {
          "operating_cash_flow": 5209000000,
          "capital_expenditure": 427000000,
          "free_cash_flow": 5636000000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 0,
          "net_debt_issued": 1382000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8759000000,
          "cost_of_revenue": 4975000000,
          "gross_profit": 3784000000,
          "ebit": 822000000,
          "ebitda": 1060000000,
          "pretax_income": 784000000,
          "tax_provision": 225000000,
          "net_income": 559000000,
          "net_income_to_common": 559000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 33573000000,
          "total_assets": 42667000000,
          "short_term_debt": 5053000000,
          "long_term_debt": 4488000000,
          "total_debt": 11392000000,
          "total_liabilities": 35919000000,
          "total_equity": 6748000000,
          "shares_outstanding": 50697250,
          "goodwill_and_intangibles": 196000000
        },
        "cash_flow": {
          "operating_cash_flow": 5209000000,
          "capital_expenditure": 427000000,
          "free_cash_flow": 5636000000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 0,
          "net_debt_issued": 1382000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8759000000,
          "cost_of_revenue": 4975000000,
          "gross_profit": 3784000000,
          "ebit": 822000000,
          "ebitda": 1060000000,
          "pretax_income": 784000000,
          "tax_provision": 225000000,
          "net_income": 559000000,
          "net_income_to_common": 559000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3670000000,
          "total_current_assets": 33573000000,
          "total_assets": 42667000000,
          "short_term_debt": 5053000000,
          "long_term_debt": 4488000000,
          "total_debt": 11392000000,
          "total_liabilities": 35919000000,
          "total_equity": 6748000000,
          "shares_outstanding": 50697250,
          "goodwill_and_intangibles": 196000000
        },
        "cash_flow": {
          "operating_cash_flow": 5209000000,
          "capital_expenditure": 427000000,
          "free_cash_flow": 5636000000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 0,
          "net_debt_issued": 1382000000
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "ebitda_ev",
      "name": "EBITDA/EV Value",
      "slug": "ebitda-ev",
      "group": "value",
      "page_url": "/factors/ebitda-ev/"
    },
    {
      "key": "veiled_value",
      "name": "Veiled Value",
      "slug": "veiled-value",
      "group": "value",
      "page_url": "/factors/veiled-value/"
    },
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "capital_allocators",
      "name": "Capital Allocators",
      "slug": "capital-allocators",
      "group": "quality",
      "page_url": "/factors/capital-allocators/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Risk-Adjusted Momentum",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "coverage": {
    "factor_history_points": 8,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-07-26",
    "latest_financials_period_end": "2026-03-31"
  },
  "schema": {
    "public_fields_only": true
  }
}