Private company

AZEK Co Inc.

AZEK Co Inc. is an American plastics products company based in Wilmington, active since 2013.2

Last updated Oct 21, 2026.

Overview

$1.4BRevenue, fiscal 20243
$153.4MNet income, fiscal 20243
  • IndustryPlastics Products, NEC2
  • HeadquartersWilmington, United States2
  • Incorporated inDE4
  • Business address1330 W Fulton Street, #350, Chicago, Il 606074
  • Filer categoryLarge accelerated filer4
  • Legal formCorporation2
  • LEI5493002LDDDU1RX468152
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 53842282

The AZEK Company Inc. (the Company, which may be referred to as AZEK, we or us) is an industry-leading designer and manufacturer of beautiful, low maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim, and StruXure® pergolas. Our predecessor was formed on August 15, 2013, and, in connection with our initial public offering, or our IPO, we became a Delaware corporation and changed our name to The AZEK Company Inc. on June 11, 2020. Our principal executive offices are located at 1330 W. Fulton Street, Suite 350, Chicago, Illinois 60607, and our telephone number is 877-275-2935. We operate highly automated manufacturing and recycling facilities across the United States, including principal locations in Ohio, Pennsylvania and Idaho. Our website address is www.azekco.com. We use our investor relations website a…6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

37.6%Gross margin3
14.7%Operating margin3
10.6%Net margin3
5.2%Revenue growth, 20243
11.3%Return on equity3
0.32×Debt to equity3
$147.3MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue60¢$899.7M
  • Research and development1¢$14.7M
  • Selling, general and admin22¢$327.8M
  • Interest4¢$56.5M
  • Income tax4¢$56.1M
  • Profit10¢$153.4M

Out of $1.4B in revenue.3

Where each dollar of operating cash went, fiscal 2024

  • Capital spending24¢$77.1M
  • Share buybacks76¢$242.5M

Out of $224.5M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3

Financial statements

Revenue789103$1.4B in 2024+111% since 2018
0$500.0M$1.0B$1.5B2018: $681.8M$681.8M20182019: $794.2M$794.2M2019+16%2020: $899.3M$899.3M2020+13%2021: $1.2B$1.2B2021+31%2022: $1.4B$1.4B2022+15%2023: $1.4B$1.4B2023+1%2024: $1.4B$1.4B2024+5%
Gross profit789103$541.8M in 2024+168% since 2018
0$200.0M$400.0M$600.0M2018: $202.0M$202.0M20182019: $253.2M$253.2M2019+25%2020: $296.1M$296.1M2020+17%2021: $384.3M$384.3M2021+30%2022: $398.7M$398.7M2022+4%2023: $430.3M$430.3M2023+8%2024: $541.8M$541.8M2024+26%
Operating income789103$212.1M in 2024+305% since 2018
-$100.0M0$100.0M$200.0M$300.0M2018: $52.4M$52.4M20182019: $59.1M$59.1M2019+13%2020: -$21.7M-$21.7M20202021: $136.5M$136.5M20212022: $118.3M$118.3M2022−13%2023: $123.8M$123.8M2023+5%2024: $212.1M$212.1M2024+71%
Net income789103$153.4M in 2024+2174% since 2018
-$200.0M-$100.0M0$100.0M$200.0M2018: $6.7M$6.7M20182019: -$20.2M-$20.2M20192020: -$122.2M-$122.2M2020+505%2021: $88.9M$88.9M20212022: $67.2M$67.2M2022−24%2023: $62.4M$62.4M2023−7%2024: $153.4M$153.4M2024+146%
Fiscal year20172018201920202021202220232024
Revenue$681.8M7$794.2M8$899.3M9$1.2B10$1.4B3$1.4B3$1.4B3
Cost of revenue$479.8M7$541.0M8$603.2M9$794.7M10$956.9M3$940.0M3$899.7M3
Gross profit$202.0M7$253.2M8$296.1M9$384.3M10$398.7M3$430.3M3$541.8M3
Research and development$6.5M7$8.0M8$7.7M9$7.4M10$9.5M3$9.2M3$14.7M3
Selling, general and admin$144.7M7$183.6M8$308.3M9$244.2M10$279.9M3$305.2M3$327.8M3
Operating income$52.4M7$59.1M8-$21.7M9$136.5M10$118.3M3$123.8M3$212.1M3
Interest$68.7M7$83.2M8$71.2M9$20.3M10$25.0M3$43.6M3$56.5M3
Income before tax$93.3M3$84.5M3$209.5M3
Income tax-$23.1M7-$4.0M8-$8.3M9$27.3M10$26.2M3$22.1M3$56.1M3
Net income$6.7M7-$20.2M8-$122.2M9$88.9M10$67.2M3$62.4M3$153.4M3
Earnings per share-$0.198-$1.019$0.5810$0.443$0.423$1.053
Earnings per share (diluted)-$0.198-$1.019$0.5710$0.433$0.413$1.043
Shares (weighted, basic)153.5M shares3150.2M shares3145.6M shares3
Shares (weighted, diluted)154.5M shares3150.8M shares3147.5M shares3

Compare AZEK Co Inc. with another company

Corporate structure

AZEK Co Inc. sits at the top of its group. 13 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of AZEK Co Inc.

  • AZEK Co Inc. Wilmington, Delaware, United States
    • AZEK Building Products LLC Subsidiary · Delaware, United States
    • CPG Sub I Corporation Subsidiary · Delaware, United States
    • INTEX Millwork Solutions, LLC Subsidiary · New Jersey, United States
    • L.B. Plastics LLC Subsidiary · North Carolina, United States
    • Return Polymers, Inc. Subsidiary · Ohio, United States
    • Scranton Products Inc. Subsidiary · Delaware, United States
    • StruXure Outdoor, LLC Subsidiary · Georgia, United States
    • The AZEK Group LLC Subsidiary · Wilmington, Delaware, United States
    • UltraLox Technology, LLC Subsidiary · Minnesota, United States
    • Versatex Building Products, LLC Subsidiary · Pennsylvania, United States
    • Versatex Holdings, LLC Subsidiary · Delaware, United States
    • WES, LLC Subsidiary · Minnesota, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What AZEK Co Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land and buildings$4.8M10 Sep 30, 2023$3.4M10 Sep 30, 2022+44.1%
Buildings and improvements$129.2M10 Sep 30, 2023$105.3M10 Sep 30, 2022+22.7%
Machinery and equipment$631.6M10 Sep 30, 2023$550.5M10 Sep 30, 2022+14.7%
Furniture and fixtures$7.3M10 Sep 30, 2023$6.9M10 Sep 30, 2022+6.2%
Construction in progress$87.3M10 Sep 30, 2023$135.4M10 Sep 30, 2022−35.5%
Property and equipment, before depreciation$891.0M3 Sep 30, 2024$893.7M3 Sep 30, 2023−0.3%
Accumulated depreciation$428.8M3 Sep 30, 2024$392.7M3 Sep 30, 2023+9.2%
Property and equipment, net$462.2M3 Sep 30, 2024$501.0M3 Sep 30, 2023−7.7%
Finance-lease assets$79.9M3 Sep 30, 2024$71.5M3 Sep 30, 2023+11.7%
Operating-lease assets (leased space)$22.9M3 Sep 30, 2024$15.4M3 Sep 30, 2023+48.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$164.0M3 Sep 30, 2024$278.3M3 Sep 30, 2023−41.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$967.8M3 Sep 30, 2024$994.3M3 Sep 30, 2023−2.7%
Intangible assets, net (excluding goodwill)$154.5M3 Sep 30, 2024$199.5M3 Sep 30, 2023−22.5%
Indefinite-lived intangibles (excluding goodwill)$03 Sep 30, 2024$03 Sep 30, 2023
Finite-lived intangibles, gross$687.2M3 Sep 30, 2024$720.1M3 Sep 30, 2023−4.6%
Accumulated amortization$532.7M3 Sep 30, 2024$520.6M3 Sep 30, 2023+2.3%
Finite-lived intangibles, net$154.5M3 Sep 30, 2024$199.5M3 Sep 30, 2023−22.5%

Inventory

ItemLatestA year beforeChange
Inventory, total$223.7M3 Sep 30, 2024$195.6M3 Sep 30, 2023+14.4%
Raw materials$52.4M3 Sep 30, 2024$60.3M3 Sep 30, 2023−13.2%
Work in process$25.6M3 Sep 30, 2024$33.2M3 Sep 30, 2023−22.8%
Finished goods$145.7M3 Sep 30, 2024$102.0M3 Sep 30, 2023+42.8%

Properties, in its own words

We own manufacturing properties throughout the United States. We also lease certain properties from third parties. We are headquartered in Chicago, Illinois and operate 15 manufacturing and recycling facilities in the United States. In alignment with our sustainability values, our Chicago corporate office is located in a 2019 LEED-Certified building. Our Residential segment products are produced primarily at our manufacturing facilities in Scranton, Pennsylvania; Wilmington, Ohio; Aliquippa, Pennsylvania; Boise, Idaho; Eagan, Minnesota; and Dahlonega, Georgia. Our Commercial segment products are produced primarily at our manufacturing facilities in Scranton, Pennsylvania.

The following table provides details of our principal physical properties as of September 30, 2024:

The rest of Item 2

Owned · Leased

Location · Square Feet · Square Feet

Scranton, PA · — · 934,593

Wilmington, OH · 500,000 · 272,002

Aliquippa, PA · 236,600 · —

Ashland, OH · — · 200,344

Eagan, MN · — · 92,958

Chicago, IL · — · 25,722

Boise, ID · — · 355,426

Dahlonega, GA · — · 76,684

Item 2 of the 10-K filed Nov 20, 2024.6

Leadership

Who has led AZEK Co Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (37)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • AZEK Building Products LLC Delaware5
  • CPG Sub I Corporation Delaware5
  • INTEX Millwork Solutions, LLC New Jersey5
  • L.B. Plastics LLC North Carolina5
  • Return Polymers, Inc. Ohio5
  • Scranton Products Inc. Delaware5
  • StruXure Outdoor, LLC Georgia5
  • The AZEK Group LLC Delaware5
  • UltraLox Technology, LLC Minnesota5
  • Versatex Building Products, LLC Pennsylvania5
  • Versatex Holdings, LLC Delaware5
  • WES, LLC Minnesota5

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • CPG Newco LLCAug 6, 2019 to Jun 9, 20204

Timeline

  1. Jul 1, 20258-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer58
  2. Jun 27, 20258-K Shareholder vote; Other events59
  3. Jun 24, 20258-K Regulation FD disclosure60
  4. Jun 17, 20258-K Other events61
  5. Jun 6, 20258-K Executive or director change62
  6. Jun 3, 20258-K Other events63
  7. May 6, 20258-K Results of operations64
  8. May 5, 20258-K Entered a material agreement; Executive or director change65
  9. Mar 24, 20258-K Entered a material agreement66
  10. Mar 5, 20258-K Change to shareholders' rights; Bylaws or fiscal year changed; Shareholder vote67
  11. Feb 4, 20258-K Results of operations68
  12. Jan 24, 20258-K Executive or director change69
  13. Jun 11, 2020New chief executive Jesse G. Singh becomes CEO15
  14. Aug 15, 2013Founded AZEK Co Inc. is founded2

Calendar

When it reported results

  1. May 6, 2025Reported quarterly or annual results64
  2. Feb 4, 2025Reported quarterly or annual results68
  3. Nov 19, 2024Reported quarterly or annual results70
  4. Aug 7, 2024Reported quarterly or annual results71
  5. May 8, 2024Reported quarterly or annual results72
  6. Feb 6, 2024Reported quarterly or annual results73
  7. Nov 28, 2023Reported quarterly or annual results74
  8. Aug 8, 2023Reported quarterly or annual results75

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

478 filings to the SEC since October 2021: 5 annual reports, 12 quarterly reports, 46 major events, 291 insider forms, 32 large holders, 92 other. The latest 20:

  1. Aug 6, 2025SCHEDULE 13G/A EDGAR
  2. Jul 11, 202515-12G EDGAR
  3. Jul 7, 2025SCHEDULE 13G/A EDGAR
  4. Jul 2, 20254 EDGAR
  5. Jul 2, 20254 EDGAR
  6. Jul 2, 20254 EDGAR
  7. Jul 2, 20254 EDGAR
  8. Jul 2, 20254 EDGAR
  9. Jul 2, 20254 EDGAR
  10. Jul 2, 20254 EDGAR
  11. Jul 2, 20254 EDGAR
  12. Jul 2, 20254 EDGAR
  13. Jul 2, 20254 EDGAR
  14. Jul 2, 20254 EDGAR
  15. Jul 2, 20254 EDGAR
  16. Jul 2, 20254 EDGAR
  17. Jul 2, 20254 EDGAR
  18. Jul 2, 20254 EDGAR
  19. Jul 1, 20258-K EDGAR
  20. Jul 1, 2025POSASR EDGAR

The 478 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

62 open-market trades by officers, directors and large owners since October 2021: 12 buys and 50 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 10, 2025Singh Jesse GCEO and PresidentSale20,000$54.43$1.1MForm 4
May 12, 2025Singh Jesse GCEO and PresidentSale20,000$51.40$1.0MForm 4
Apr 10, 2025Singh Jesse GCEO and PresidentSale25,000$46.33$1.2MForm 4
Mar 10, 2025Singh Jesse GCEO and PresidentSale15,000$41.03$615.4KForm 4
Feb 10, 2025Singh Jesse GCEO and PresidentSale20,387$50.08$1.0MForm 4
Jan 10, 2025Singh Jesse GCEO and PresidentSale19,613$44.98$882.2KForm 4
Dec 17, 2024Toole SamaraChief Marketing OfficerSale1,709$53.00$90.6KForm 4
Dec 16, 2024Singh Jesse GCEO and PresidentSale20,000$53.32$1.1MForm 4
Aug 16, 2024Skelly JonathanPres. Res. & Comm.Sale19,022$41.15$782.8KForm 4
Aug 15, 2024Singh Jesse GCEO and PresidentSale20,000$41.47$829.4KForm 4
Aug 15, 2024Edwards Pamela JDirectorBuy600$41.70$25.0KForm 4
Aug 14, 2024Cimaglia AmandaVP of Corporate AffairsSale2,581$39.99$103.2KForm 4
Jul 10, 2024Singh Jesse GCEO and PresidentSale13,000$41.75$542.8KForm 4
Jun 18, 2024Singh Jesse GCEO and PresidentSale40,000$46.59$1.9MForm 4
Jun 18, 2024Skelly JonathanPres. Res. & Comm.Sale12,000$46.72$560.6KForm 4
Jun 17, 2024Singh Jesse GCEO and PresidentSale13,000$46.89$609.6KForm 4
May 10, 2024Singh Jesse GCEO and PresidentSale13,000$45.97$597.5KForm 4
Apr 10, 2024Singh Jesse GCEO and PresidentSale13,000$48.30$628.0KForm 4
Mar 11, 2024Singh Jesse GCEO and PresidentSale13,000$47.76$620.9KForm 4
Mar 7, 2024Kasson Michelle ACIOSale94,431$49.47$4.7MForm 4

All 62 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2024Jesse Singh59$850.6K$6.3M84
2024Peter Clifford54$650.0K$2.9M84
2024Jonathan Skelly47$550.0K$2.3M84
2024Morgan Walbridge46$417.6K$1.5M84
2024Samara Toole59$408.8K$1.3M84
2023President and Chief$825.0K$5.3M84
2023SVP, Chief OperationsOfficer and$600.0K$2.4M84
2023PresidentResidential and$447.3K$1.7M84
2023SVPChief Marketing Officer$400.0K$1.2M84
2022Executive Officer$815.7K$4.4M84
2022Chief Financial Officer$600.0K$2.3M84
2022SVPChief Marketing Officer$396.7K$1.4M84
2022Commercial$412.1K$1.1M84
2022Secretary$367.5K$996.0K84

SEC filer profile

How AZEK Co Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAZEK Co Inc.1
  • CIK0001782754
  • Employer ID (EIN)90-10176636
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company6
  • Incorporated inDelaware6
  • Fiscal year endsSeptember 301
  • Industry code (SIC)3089 Plastics Products, NEC1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address1330 W Fulton Street, #350, Chicago, IL 606071
  • Phone877-275-29351
  • Shares outstanding143,015,614 Common Class A shares as of Oct 31, 20246
  • Public float$7.2B as of Mar 31, 20246
  • AuditorPricewaterhouseCoopers LLP, Chicago, Illinois PCAOB ID 238; it also attests to the company’s internal control over financial reporting6
  • On EDGAR sinceAug 6, 20191
  • Filings703 in all: 4 (366), 8-K (69), 144 (46), 3 (41), 425 (30), SC 13G/A (19), 10-Q (15), CORRESP (11)1
    All 42 form types

    SC 13G (9), UPLOAD (8), DEFA14A (7), DRSLTR (6), SCHEDULE 13G/A (6), 10-K (5), DEF 14A (5), DRS/A (5), 424B4 (4), 5 (4), DRS (4), EFFECT (4), S-1 (4), SD (4), ARS (3), PRE 14A (3), 10-K/A (2), 144/A (2), 424B7 (2), S-1/A (2), S-1MEF (2), S-8 (2), S-8 POS (2), 10-Q/A (1), 15-12G (1), 25-NSE (1), 4/A (1), 8-A12B (1), 8-K/A (1), CERT (1), DEFM14A (1), NT 10-Q (1), POSASR (1), S-3ASR (1)

  • Latest filingsAnnual report (10-K) Nov 20, 2024
    Quarterly report (10-Q) May 7, 2025
    Proxy statement (DEF 14A) Jan 13, 2025
    Latest 8-K (8-K) Jul 1, 2025

Securities registered for trading

ClassSymbolExchange
Class A Common Stock, par value $0.001 per shareAZEKThe New York Stock Exchange

From the cover page of the 10-K filed Nov 20, 2024 (Section 12(b) of the Exchange Act).6

Risk factors and legal proceedings

The risks AZEK Co Inc. names in Item 1A of its 10-K filed Nov 20, 2024: 39 risks under these headings, as written.6

  • Risks Relating to Our Business and Industry
  • Demand for our products is significantly influenced by general economic conditions and trends in consumer spending on outdoor living and home exteriors, and adverse trends in, among other things, inflation, interest rates, the health of the economy, repair and remodel and new construction activity, industrial production, consumer confidence and discretionary spending and institutional funding constraints could have a material adverse effect on our business.
  • Shortages and disruptions in supply, price increases or deviations in the quality of the raw materials used to manufacture our products could adversely affect our sales and operating results.
  • We operate in a competitive business environment. If we are unable to compete effectively, our sales would suffer and our business, financial condition and operating results would be adversely affected.
  • Our business could be adversely affected if we fail to maintain product quality and product performance at an acceptable cost or if we incur significant losses, increased costs or harm to our reputation or brand as a result of product liability claims or product recalls.
  • We provide product warranties and, if our product warranty obligations were significantly in excess of our reserves, our business, financial condition and results of operations could be materially and adversely affected.
  • Our quarterly operating results may fluctuate as a result of seasonality, changes in weather conditions, inventory recalibration in our channel and changes in product mix.
  • If we fail to develop new and improved products successfully, or if we fail to effectively manage the introduction of new products, our business will suffer.
  • Our business would suffer if we do not effectively manage our manufacturing processes, including, without limitation, adjusting production to meet demand, integrating new manufacturing facilities, achieving cost-savings initiatives and successfully introducing new technologies and products.
  • Our sales and results of operations may suffer if we do not maintain our relationships with, forecast the demand of and make timely deliveries to our key distributors or other customers.
  • An interruption of our production capability at one or more of our manufacturing facilities could adversely affect our business.
  • Our business operations could be adversely affected by the loss of the services from members of our senior management team and other key employees.
The other 28 risks
  • Acquisitions, divestitures or joint ventures we may pursue in the future may be unsuccessful.
  • We depend on third parties for transportation services, and the lack of availability of and/or increases in the cost of transportation could have a material adverse effect on our business and results of operations.
  • Increases in labor costs, potential labor disputes and work stoppages or an inability to hire skilled manufacturing, sales and other personnel could adversely affect our business.
  • If we are unable to collect accounts receivable from one or more of our significant distributors, dealers or other customers, our financial condition and operating results could suffer.
  • Subjective estimates and judgments used by management in the preparation of our financial statements, including estimates and judgments that may be required by new or changed accounting standards, may impact our financial condition and results of operations.
  • Our forecasts of market opportunity and market growth may prove to be inaccurate, and we cannot assure you our business will grow at rates similar to our overall markets, or at all.
  • We may be subject to significant compliance costs as well as liabilities under environmental, health and safety laws and regulations, including climate- and climate change-related regulations, which could materially and adversely affect our business, financial condition and operations.
  • Our business operations could suffer if we fail to adequately protect our intellectual property rights, and we may experience claims by third parties that we are violating their intellectual property rights.
  • Any major disruption or failure of our or our customers' or suppliers' technology systems or our website, or our failure to successfully implement new technology effectively, could adversely affect our business and operations.
  • We face cybersecurity risks and risks arising from new regulations governing information security and privacy and may incur increasing costs in an effort to mitigate those risks.
  • Changes in trade policies, including the imposition of tariffs, could negatively impact our business, financial condition and results of operations.
  • If we fail to implement our strategic initiatives related to the use of recycled materials, our business, financial condition and results of operations could be adversely affected.
  • We may be unable to achieve our FULL-CIRCLE initiatives and the outcomes may not achieve the anticipated benefits or align with new regulations and stakeholders’ expectations.
  • Our use of artificial intelligence technologies may not be successful and may present business, compliance, and reputational risks.
  • Many of our products must comply with local building codes and ordinances and failure of our products to comply with such codes and ordinances may have an adverse effect on our business.
  • Our insurance coverage may be inadequate to protect against the potential hazards incident to our business.
  • We are subject to litigation and legal proceedings and may be subject to additional litigation, arbitration or legal proceedings in the future.
  • Geopolitical unrest and armed conflicts may cause economic conditions in the United States or abroad to deteriorate and exacerbate certain risks we face.
  • Risks Relating to Our Indebtedness
  • Our indebtedness could materially adversely affect our financial condition.
  • We may not be able to generate sufficient cash to service all of our indebtedness and may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful.
  • We and our subsidiaries may be able to incur substantially more debt. This could further exacerbate the risks to our financial condition described herein.
  • The terms of the Senior Secured Credit Agreement may restrict our current and future operations, including our ability to respond to changes or to take certain actions.
  • We rely on available borrowings under the 2024 Revolving Credit Facility for cash to operate our business, and any inability to borrow may adversely affect our liquidity, financial position and results of operations.
  • Our variable rate indebtedness subjects us to interest rate risk, which could cause our debt service obligations to increase significantly.
  • Risks Relating to Ownership of Our Class A Common Stock
  • The market price of our Class A common stock may be volatile or may decline steeply or suddenly regardless of our operating performance, and we may not be able to meet investor or analyst expectations. You may not be able to resell your shares at or above the price you paid and may lose all or part of your investment.
  • Provisions in our certificate of incorporation and bylaws, could make a merger, tender offer or proxy contest difficult, thereby depressing the trading price of our Class A common stock.
  • We are a holding company and rely on dividends, distributions, and other payments, advances and transfers of funds from our subsidiaries to meet our obligations.
  • We cannot guarantee that our share repurchase program will be fully implemented or that it will enhance long-term stockholder value.

Legal proceedings

From time to time, we may be involved in litigation relating to claims arising out of our operations and businesses that cover a wide range of matters, including, among others, contract and employment claims, personal injury claims, product liability claims and warranty claims. Currently, there are no claims or proceedings against us that we believe will have a material adverse effect on our business, financial condition, results of operations or cash flows. However, the results of any current or future litigation cannot be predicted with certainty and, regardless of the outcome, we may incur significant costs and experience a diversion of management resources as a result of litigation. For more information, see Note 18 "Commitments and Contingencies" to our Consolidated Financial Statements included elsewhere in this Annual Report.

The opening of Item 3, Legal Proceedings.6

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
    SEC EDGAROther events
  62. 62
  63. 63
    SEC EDGAROther events
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74
  75. 75
  76. 76
  77. 77
  78. 78
  79. 79
  80. 80
  81. 81
  82. 82
  83. 83
  84. 84