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Consolidated Income Statements - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenue:      
Total revenue $ 4,284.2 $ 3,679.6 $ 1,733.8
Operating expenses:      
Selling, general and administrative 773.9 743.7 539.9
Acquisition-related and integration costs 29.0 216.1 37.3
Depreciation and amortization 444.4 352.2 97.2
Total operating expenses 3,526.8 3,213.2 1,451.1
Gain on disposition of property, plant and equipment 3.8 4.9 170.8
Operating income 761.2 471.3 453.5
Interest expense (233.7) (213.8) (57.9)
Interest income 26.2 22.0 7.0
Change in fair value of derivatives, net 0.0 0.0 1.3
Other (loss) income, net (1.7) 4.7 1.1
Foreign exchange (loss) gain (1.9) (1.8) 1.0
Income before income taxes 550.1 282.4 406.0
Income tax expense 137.3 76.4 86.2
Net income 412.8 206.0 319.8
Net income (loss) attributable to:      
Controlling interests 413.1 206.5 319.7
Non-controlling interests 0.0 0.0 0.1
Redeemable non-controlling interests (0.3) (0.5) 0.0
Net income 412.8 206.0 319.8
Net income attributable to controlling interests: 413.1 206.5 319.7
Cumulative dividends on Series A Senior Preferred Shares (26.7) (24.3) 0.0
Allocated earnings to Series A Senior Preferred Shares (13.7) (7.3) 0.0
Net income available to common stockholders $ 372.7 $ 174.9 $ 319.7
Earnings per share attributable to stockholders:      
Basic (usd per share) $ 2.03 $ 1.05 $ 2.89
Diluted (usd per share) $ 2.01 $ 1.04 $ 2.86
Weighted Average Number of Shares Outstanding, Diluted [Abstract]      
Basic (in shares) 183,958,258 166,963,575 110,781,282
Diluted (in shares) 185,254,557 168,203,981 111,886,025
Service revenue      
Revenue:      
Total revenue $ 3,363.6 $ 2,732.5 $ 1,050.6
Operating expenses:      
Direct expenses 1,415.7 1,007.6 168.1
Inventory sales revenue      
Revenue:      
Total revenue 920.6 947.1 683.2
Operating expenses:      
Direct expenses $ 863.8 $ 893.6 $ 608.6