Third Quarter Highlights
Per Class B share(3): $1.21 adjusted basic earnings up 11.0%; $1.21 basic earnings up 12.0%
Sales increased 6.3% on 3.7% organic growth, 0.1% acquisition growth and 2.5% positive currency translation
Operating income(1) improved 11.4%, with a 16.4% operating margin(1) up 80 bps
Returned $155.8 million to shareholders: $55.8 million in dividends and repurchased 1.3 million Class B shares for $100.0 million
Nine-Month Highlights
Per Class B share(3): $3.61 adjusted basic earnings up 9.4%; $3.60 basic earnings down 3.2%; 2024 included $0.44 revaluation gain in basic earnings
Sales increased 6.5% on 3.1% organic growth, 0.8% acquisition growth and 2.6% positive currency translation
Operating income(1) improved 9.9%, with a 16.6% operating margin(1) up 50 bps
Returned $467.9 million to shareholders: $167.9 million in dividends and repurchased 3.9 million Class B shares for $300.0 million
Seasoned energy-transition executive Chris Cooper appointed Chief Executive Officer and Board Director
Current XCF Board member, Wray Thorn, appointed Interim Board Chair to focus on strategy, growth, and capitalization
New Rise Renewables founder Randy Soule to work closely with Mr. Cooper and the XCF Board of Directors as Senior Operations Adviser
Nike signs on as the anchor customer for the Infinite Loop™ India manufacturing facility.
Multi-year offtake agreement secures supply of Twist™, Loop's branded, virgin-quality polyester resin made exclusively from textile waste.
Twist™ will feature full traceability via Loop's proprietary chemical tracer technology, providing verifiable textile to textile recycled content.
Infinite Loop India is a joint venture between Loop industries and Ester industries.
With the addition of CalPrem Roofing and CalPrem Solar, MARS now provides an expanded suite of services that enhances resiliency and long-term value for homebuilders and businesses.
Read MoreConference Call and Webcast set for Wednesday, November 12, 2025, at 4:15 PM Eastern time
"The Critical Minerals and ZEO Company"
~ Antimony, Cobalt, Tungsten, and Zeolite ~
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