Strong Investment Fundamentals
We are forecasting significant free cash flow generation for an extended period as sales grow under existing contracts, margins expand from increasing capacity utilization, and capital expenditures remain subdued as we grow back into our existing manufacturing capacity.
Since the beginning of 2024, we have returned over $800 million to stockholders through dividends and share repurchases.
We purposefully maintain a strong balance sheet, targeting net-debt to EBITDA leverage in the range of 1.5x to 2.0x.