☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36106 EMPIRE STATE REALTY OP, L.P. Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation o ...

Financial Performance - Total net revenues for Q3 2025 decreased 32% to $27.1 million from $39.9 million in Q3 2024[8] - Core revenues, excluding COVID-19, Molecular Services, and Risk Assessment Testing, were $27.0 million, a 25% year-over-year decline[8] - Diagnostics revenues fell 34% year-over-year to $14.5 million, primarily due to lower revenue from HIV tests[8] - Sample Management Solutions revenues decreased 20% year-over-year to $10.3 million, attributed to a large customer in the consumer genomics segment[8] - Net revenues for Q3 2025 were $27.1 million, a decrease of 32.5% compared to $39.9 million in Q3 2024[26] Losses and Expenses - Operating loss for Q3 2025 was $16.1 million, compared to a loss of $6.0 million in Q3 2024[8] - Net loss for the nine months ended September 30, 2025, was $49,445,000, compared to a net loss of $8,706,000 for the same period in 2024, indicating a significant increase in losses[19] - Non-GAAP net loss for the nine months ended September 30, 2025, was $37.2 million, compared to a net income of $8.2 million in the same period of 2024[26] - GAAP operating loss for Q3 2025 was $16.1 million, compared to a loss of $6.0 million in Q3 2024[26] - Non-GAAP operating loss for Q3 2025 was $12.7 million, compared to a loss of $2.7 million in Q3 2024[26] - GAAP net loss per share for Q3 2025 was $0.19, compared to $0.06 in Q3 2024[26] - Non-GAAP loss per share for Q3 2025 was $0.13, compared to a loss of $0.01 in Q3 2024[26] - The company recorded a reduction in workforce severance expense of $1.1 million for the nine months ended September 30, 2025[26] Cash and Assets - Cash and cash equivalents stood at $216 million as of September 30, 2025[8] - Cash and cash equivalents decreased from $267,763,000 to $216,478,000, representing a decrease of about 19.2%[19] - Total assets decreased from $479,659,000 on December 31, 2024, to $423,098,000 on September 30, 2025, a decline of approximately 11.8%[17] - The company reported a net cash decrease of $51,285,000 for the nine months ended September 30, 2025[19] Liabilities and Equity - Total liabilities decreased from $69,321,000 on December 31, 2024, to $61,341,000 on September 30, 2025, a decrease of about 11.5%[17] - Stockholders' equity decreased from $410,338,000 to $361,980,000, reflecting a decline of approximately 11.7%[17] Future Plans and Strategies - The company plans to acquire BioMedomics, adding SickleSCAN, a rapid test for sickle cell disease, to its diagnostic portfolio[7] - The company is guiding for Q4 2025 total revenues of $25 million to $28 million, including less than $100 thousand from COVID-19 testing revenues[10] - The company launched new products expected next year, including the Sherlock over-the-counter molecular self-test for Chlamydia and Gonorrhoeae[4] - The company is focused on expanding international sales and improving operational efficiencies as part of its future growth strategy[22] Capital Expenditures and Compensation - Capital expenditures for the nine months ended September 30, 2025, were $3,275,000, slightly down from $3,341,000 in 2024[18] - Stock-based compensation decreased from $9,178,000 in 2024 to $8,687,000 in 2025, a reduction of approximately 5.4%[18] - Stock compensation expenses for Q3 2025 were $2.8 million, compared to $2.9 million in Q3 2024[26]

Financial Performance - Net loss attributable to common shareholders was $3.8 million, resulting in a net loss per share of $0.07[4] - Adjusted FFO per diluted common share was $0.27, a decrease of 32.5% compared to the prior year[5] - Total revenues for the third quarter were $330.0 million, down 4.5% year-over-year[4] - Adjusted EBITDA for the quarter was $72.6 million, reflecting a 21.0% decline from the previous year[5] - For the three months ended September 30, 2025, total revenues were $330,045,000, a decrease of 4.0% compared to $345,744,000 for the same period in 2024[36] - Net loss attributable to common shareholders for the three months ended September 30, 2025, was $10,015,000, compared to a net income of $14,323,000 in 2024[36] - Funds from Operations (FFO) attributable to common shareholders for the three months ended September 30, 2025, was $37,245,000, a decrease from $54,689,000 in 2024[38] - Adjusted FFO per common share for the nine months ended September 30, 2025, was $1.07, compared to $1.24 in 2024[38] - EBITDA for the nine months ended September 30, 2025, was $242.927 million, down from $268.763 million in 2024, reflecting a decrease of approximately 9.6%[42] - Adjusted EBITDA for the nine months ended September 30, 2025, was $254.185 million, compared to $280.494 million in 2024, indicating a decline of approximately 9.4%[42] Revenue and Occupancy - Comparable RevPAR decreased by 5.1% to $138.51, with a comparable occupancy rate of 73.0%, down 3.1%[5] - The updated full-year outlook projects comparable RevPAR growth between -2.6% to -1.9%[12] - The company's total revenue for the three months ended September 30, 2025, was $330.045 million, a decrease of 4.5% from $345.744 million in 2024[46] - Comparable Hotel EBITDA margin for the three months ended September 30, 2025, was 24.5%, down from 29.3% in 2024[46] Liquidity and Debt - The company has approximately $1.0 billion in total liquidity, including $375 million in unrestricted cash[9] - The company has a total consolidated debt of $2.231 billion as of September 30, 2025, with a weighted average interest rate of 4.66%[50] - Cash and cash equivalents as of September 30, 2025, were $374,827,000, down from $409,809,000 at the end of 2024[33] Capital Expenditures and Future Projections - Capital expenditures related to renovations are expected to be between $80 million and $100 million[15] - The anticipated range for Adjusted EBITDA for FY 2025 is $324.0 million to $332.0 million[12] - The company expects full-year 2025 EBITDA to be in the range of $308.8 million to $316.8 million[47] - Funds from Operations (FFO) for the year ended December 31, 2025, is projected to be between $182.5 million and $189.5 million[48] Asset Management - Total assets as of September 30, 2025, were $4,793,155,000, a decrease from $4,883,879,000 as of December 31, 2024[33] - Total liabilities as of September 30, 2025, were $2,585,106,000, slightly down from $2,585,602,000 at the end of 2024[33] - The company sold three hotels: Residence Inn Merrillville in May 2024, Fairfield Inn & Suites Denver Cherry Creek in September 2024, and Courtyard Atlanta Buckhead in March 2025[31] - The company reported a loss on the sale of hotel properties of $802,000 for the nine months ended September 30, 2025[42] Shareholder Actions - The company repurchased 0.2 million shares for approximately $1.3 million during the third quarter[8] - For the three months ended September 30, 2025, the company reported a net loss of $3.798 million compared to a net income of $20.643 million for the same period in 2024[42]

Financial Performance - Net income for the three months ended September 30, 2025, was $13.6 million, a decrease of 40.1% compared to $22.8 million for the same period in 2024[135][138]. - Core Funds From Operations (Core FFO) for the same period was $61.3 million, attributable to common stockholders and the operating partnership[135]. - Total revenues for the three months ended September 30, 2025, were $197.7 million, a slight decrease of 0.9% from $199.6 million in 2024[138]. - Operating income fell to $100,243,000, down 13.4% from $115,770,000 in the prior year[145]. - Net income attributable to common stockholders decreased to $23,724,000, a decline of 34.6% from $36,273,000 in the same period of 2024[145]. - For the nine months ended September 30, 2025, net income was $40.8 million, a decrease from $61.6 million for the same period in 2024[197]. - Funds from Operations (FFO) attributable to common stockholders for the nine months ended September 30, 2025, was $166.0 million, down from $182.5 million in 2024, representing a decrease of 9.0%[197]. - Modified Funds from Operations (Modified FFO) for the nine months ended September 30, 2025, was $171.9 million, compared to $188.3 million in 2024, reflecting a decrease of 8.7%[197]. - Core Funds from Operations (Core FFO) for the nine months ended September 30, 2025, was $172.5 million, down from $191.4 million in 2024, indicating a decrease of 9.9%[197]. Revenue Breakdown - Rental revenue increased by 3.5% to $158.4 million in Q3 2025, up from $153.1 million in Q3 2024, primarily due to acquisitions and higher tenant reimbursement income[138][139]. - Observatory revenue decreased by 8.5% to $36.0 million in Q3 2025, down from $39.4 million in Q3 2024, attributed to lower international tourism[138][143]. - Rental revenue increased to $466,492,000 for the nine months ended September 30, 2025, up 1.5% from $459,469,000 in the same period of 2024[145]. - Observatory revenue decreased to $93,097,000, down 5.1% from $98,102,000 year-over-year, primarily due to lower international tourism and adverse weather conditions[152]. - Total revenues for the nine months ended September 30, 2025, were $569,046,000, a slight decrease of 0.2% compared to $570,321,000 in 2024[145]. Expenses and Costs - Total operating expenses for Q3 2025 were $158.4 million, an increase of 2.7% from $154.3 million in Q3 2024[138]. - Property operating expenses rose by 2.2% to $47.0 million in Q3 2025, driven by higher repair and maintenance costs and acquisitions[138][140]. - Real estate taxes increased by 3.9% to $33.2 million in Q3 2025, influenced by higher tax rates and property valuations[138][141]. - Interest income fell by 83.5% to $1.1 million in Q3 2025, down from $7.0 million in Q3 2024, due to decreased cash and cash equivalents[138][142]. - Interest income dropped significantly by 58.1% to $6,799,000, compared to $16,230,000 in the previous year, due to reduced cash and cash equivalents[150]. Cash and Debt Management - As of September 30, 2025, total consolidated indebtedness was approximately $2.1 billion, with a weighted average interest rate of 4.34%[157]. - The company had $154.1 million in cash and cash equivalents and $620.0 million available under its unsecured revolving credit facility as of September 30, 2025[157]. - The weighted average interest rate on $2.1 billion of fixed-rate indebtedness was 4.34% per annum as of September 30, 2025[209]. - The fair value of outstanding debt was approximately $2.0 billion, which was about $0.1 billion less than the book value as of September 30, 2025[210]. - The company has interest rate SOFR swap and cap agreements with an aggregate notional value of $447.5 million, maturing between December 31, 2026, and November 1, 2033[208]. Leasing and Property Management - The company signed a total of 87,880 rentable square feet of new, renewal, and expansion leases during the quarter[136]. - Total new leases signed in office properties for the nine months ended September 30, 2025, was 51, covering 523,002 square feet, with a weighted average annualized cash rent of $68.94 per square foot, representing a 9.8% increase over previously escalated rents[173]. - In retail properties, the number of leases signed decreased to 7 in 2025 from 9 in 2024, with a weighted average annualized cash rent of $183.86 per square foot, reflecting a decrease of 12.9% compared to previous leases[174]. - As of September 30, 2025, approximately 0.9 million rentable square feet were available to lease, representing 10.4% of the net rentable square footage in the commercial portfolio[199]. Capital Expenditures and Future Costs - Capital expenditures for the total commercial portfolio amounted to $47.4 million for the nine months ended September 30, 2025, compared to $48.9 million in 2024[177]. - As of September 30, 2025, the company expects to incur approximately $96.8 million in additional costs related to tenant improvements and leasing commissions[178]. Shareholder Returns - Distributions to equity holders totaled $32.4 million for the nine months ended September 30, 2025, compared to $31.8 million in 2024[182]. - The company authorized a repurchase program of up to $500 million for Class A common stock and operating partnership units, with $497.9 million remaining as of September 30, 2025[183]. Visitor Statistics - The Observatory hosted 1,705,000 visitors for the nine months ended September 30, 2025, an 8.3% decrease from 1,860,000 visitors in the same period of 2024[200].

GENCO SHIPPING & TRADING LIMITED ANNOUNCES Q3 2025 FINANCIAL RESULTS Declares Dividend of $0.15 per share for Q3 2025 Represents Genco's 25th Consecutive Quarterly Dividend New York, New York, November 5, 2025 – Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and nine months ended September 30, 2025. Third Quarter 2025 and Yea ...

Financial Performance - Net income available for common stock for Q3 2025 was $24.9 million, compared to $24.4 million in Q3 2024, while year-to-date net income was $186.6 million, up from $175.0 million in the same period last year [2][20]. - Adjusted EPS for Q3 2025 was $0.45, excluding $0.10 of merger-related costs, compared to $0.35 in Q3 2024; year-to-date adjusted EPS was $2.68, up from $2.52 in 2024 [3][4][20]. - Revenue for the three months ended September 30, 2025, was $430.2 million, a 7.1% increase from $401.6 million in the same period of 2024 [22]. - Operating income for the three months ended September 30, 2025, was $78.7 million, compared to $75.8 million in 2024, reflecting a 3.8% increase [22]. - For the nine months ended September 30, 2025, total revenue was $1,674.5 million, up from $1,530.6 million in the same period of 2024, representing a 9.4% increase [27]. - Total revenue for the nine months ended September 30, 2025, reached $706.3 million, up 7.0% from $659.8 million in 2024 [31]. Capital and Investment - The company is advancing a $4.7 billion five-year capital plan, which includes a 260-mile transmission expansion project expected to be completed by year-end 2025 [6][8]. - Black Hills Corp. completed a public debt offering of $450 million in Q3 2025, with proceeds used to repay $300 million of notes due in January 2026 [13]. - The company maintained solid investment-grade credit ratings, with Moody's affirming a Baa2 rating and S&P Global affirming a BBB+ rating [13]. Merger and Acquisition - The merger with NorthWestern Energy is anticipated to close in the second half of 2026, pending regulatory approvals filed in October 2025 [9][10]. - Black Hills plans to file a registration statement on Form S-4 with the SEC to register shares of common stock to be issued to NorthWestern stockholders in connection with the pending merger transaction [45]. - The definitive joint proxy statement/prospectus will be sent to stockholders of both Black Hills and NorthWestern regarding the merger transaction [45]. - Investors are urged to read the registration statement and joint proxy statement/prospectus for important information about the pending merger transaction [46]. - Information about directors and executive officers of both companies will be included in the joint proxy statement/prospectus related to the merger [47]. - Additional information regarding the interests of participants in the merger will be included in the joint proxy statement/prospectus when available [47]. Revenue Breakdown - Electric Utilities' revenue for the three months ended September 30, 2025, was $249.7 million, compared to $232.5 million in 2024, marking a 7.0% increase [29]. - Gas Utilities' revenue for the three months ended September 30, 2025, was $184.4 million, up from $173.6 million in 2024, reflecting a 6.8% increase [29]. - Colorado Electric revenue increased to $79.6 million in Q3 2025, a 6.3% rise from $74.9 million in Q3 2024 [31]. - South Dakota Electric revenue rose to $90.6 million in Q3 2025, a 5.3% increase from $86.0 million in Q3 2024 [31]. - Total quantities sold for the nine months ended September 30, 2025, were 5,749.6 GWh, compared to 5,435.1 GWh in 2024, reflecting a growth of 5.8% [31]. - Total revenue from gas utilities for the nine months ended September 30, 2025, was $979.9 million, a 10.8% increase from $884.2 million in 2024 [34]. Dividends and Shareholder Returns - A quarterly dividend of $0.676 per share was approved, representing 55 consecutive years of increases, the second-longest track record in the industry [13]. Operational Highlights - Electric Utilities' operating income decreased by $2.7 million primarily due to milder weather and higher operating expenses [26]. - Gas Utilities' operating income increased by $9.9 million, driven by new rates and rider recovery [26]. - The availability of coal generating facilities decreased to 77.3% in Q3 2025 from 90.7% in Q3 2024 [32]. - Retail revenue from residential customers increased to $86.0 million in Q3 2025, up 12.9% from $76.2 million in Q3 2024 [34]. Future Outlook - The company reaffirms its 2025 adjusted earnings guidance in the range of $4.00 to $4.20 per share, excluding merger-related costs [8][14]. - The company plans to discuss its financial results in a conference call on November 6, 2025 [38]. - Black Hills Corp. serves 1.35 million natural gas and electric utility customers across eight states [40].

FOR IMMEDIATE RELEASE Bowman Reports Third Quarter 2025 Results; Issues 2026 Guidance November 5, 2025, Reston, VA - Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, today announced financial results for the quarter ended September 30, 2025. CEO Commentary "Our markets continue to demonstrate strong demand and abundant sources of funding for infrastructure planning and improvement," said Gary Bowman, founder and CEO of Bowman. "Since our public debut ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35968 MIDWESTONE FINANCIAL GROUP, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorpora ...

Company Operations - Montauk Renewables operates 11 RNG and two Renewable Electricity projects across seven states, making it one of the largest U.S. producers of RNG[130]. - The Bowerman RNG Facility is expected to have a production capacity of approximately 3,600 MMBtu per day, with capital expenditures estimated between $85 million and $95 million, anticipated to commence operations in 2027[135][136]. - The Tulsa RNG project is expected to provide a production capacity of approximately 1,500 MMBtu per day, with commissioning targeted for 2027[138]. - The Montauk Ag Renewables project is projected to require total investment between $180 million and $220 million, with significant revenue generation activities expected to commence in the first quarter of 2026[142]. - The joint venture GreenWave aims to enhance RNG utilization for transportation, with capital investment estimated at approximately $4.5 million[145]. Financial Performance - Total operating revenues for Q3 2025 were $45,258, a decrease of $20,659 (31.3%) compared to $65,917 in Q3 2024, primarily due to a reduction in self-marketed RINs[177]. - Renewable Natural Gas (RNG) total revenues in Q3 2025 were $39,883, down $21,867 (35.4%) from $61,750 in Q3 2024, with average realized RIN price dropping 31.4% to $2.29[179]. - Total revenues for the first nine months of 2025 were $132,988, a decrease of $15,054 (10.2%) compared to $148,042 in the first nine months of 2024[199]. - Renewable Natural Gas revenues decreased by $15,413 (11.5%) to $119,162 in the first nine months of 2025 compared to $134,575 in the same period of 2024[202]. - Operating income for Q3 2025 was $4,448, down $18,260 (80.4%) from $22,708 in Q3 2024[176]. - Operating income decreased by $23,443 (90.4%) to $2,501 in the first nine months of 2025 compared to $25,944 in the same period of 2024[217]. - Consolidated EBITDA for the first nine months of 2025 was $24,135, a decrease of $20,363 (45.8%) compared to $44,498 in the first nine months of 2024[220]. Revenue Recognition and RINs - Revenue is recognized when performance obligations are satisfied, with consideration expected to be received recorded net of allowances and customer discounts[240][241]. - The company generates D3 RINs through the production and sale of RNG, with revenue recognized upon agreement to monetize the credits[243]. - The company generates RECs through the conversion of landfill methane into Renewable Electricity, with revenue recognized similarly to RINs[244]. Regulatory Environment - Regulatory changes, including the EPA's final rules for RFS volume requirements, set cellulosic biofuel volumes at 838, 1,090, and 1,376 RINs for 2023, 2024, and 2025 respectively, influencing RNG project economics[148]. - The final 2024 cellulosic biofuel volume requirement was reduced from 1,090 million to 1,010 million D3 RINs, based on actual volumes generated in 2024[151]. - The proposed cellulosic biofuel volume requirements for 2026 and 2027 are 1,300 million and 1,360 million D3 RINs, respectively[152]. - The company has registered all facilities under the BRRR provisions and obtained Q-RIN status for RIN generation starting January 1, 2025[150]. Operating Expenses - Total operating expenses for Q3 2025 were $40,810, a decrease of $2,399 (5.6%) compared to $43,209 in Q3 2024[176]. - General and administrative expenses decreased to $6,511 in Q3 2025, down $3,526 (35.1%) from $10,037 in Q3 2024, mainly due to accelerated vesting of restricted share awards[183]. - Operating expenses for Renewable Natural Gas increased by $4,892 (7.7%) to $68,727 in the first nine months of 2025 compared to $63,835 in the same period of 2024[199]. - Operating and maintenance expenses for RNG facilities increased by $6,341 (16.4%) to $44,970 in the first nine months of 2025 compared to $38,629 in the same period of 2024[207]. - Royalties, transportation, gathering, and production fuel expenses for RNG facilities decreased by $1,449 (5.7%) to $23,757 in the first nine months of 2025 compared to $25,206 in the same period of 2024[208]. Cash Flow and Debt - Cash and cash equivalents, net of restricted cash, decreased to $6,766 as of September 30, 2025, from $54,973 as of September 30, 2024[221]. - Total debt before debt issuance costs increased to $67,000 as of September 30, 2025, compared to $56,000 at December 31, 2024[222]. - Net cash provided by operating activities was $29,997 for the first nine months of 2025, down from $43,071 in the same period of 2024[229]. - Net cash flows provided by financing activities increased to $10,421 in the first nine months of 2025, up by $18,176 compared to $7,755 in the same period of 2024[232]. Impairments and Valuation - The company recorded impairments of $48 and $533 for the three months ended September 30, 2025 and 2024, respectively, and $2,472 and $1,232 for the nine months ended September 30, 2025 and 2024, respectively[252]. - The company evaluates deferred tax assets based on future taxable income and considers changes in facts or circumstances for adjustments to the valuation allowance[247]. Market Conditions - Average commodity pricing for natural gas in Q3 2025 was $3.07 per MMBtu, which is 42.1% higher than in Q3 2024[179]. - The pricing of Environmental Attributes, which accounts for a substantial portion of revenues, is subject to volatility based on regulatory actions and commodity pricing[167]. - Quality and availability of biogas from site partners are critical, with variations potentially affecting RNG production levels[170]. - The company expects increased production at certain existing projects as landfills take in additional waste, although delays in new projects could impact production volumes[170].

Revenue and Sales Performance - Revenue for Q1 fiscal 2026 was $365.6 million, a decrease of 2% compared to Q1 fiscal 2025[5] - Medical vertical sales increased by 13% year-over-year, while automotive sales decreased by 10%[6] - Net sales for the three months ended September 30, 2025, were $0 million, compared to $2.1 million for the same period in 2024[23] - Net sales growth decreased by 2% compared to the same period in the prior year, while constant currency growth declined by 3%[24] - The company reiterated its fiscal 2026 guidance, expecting net sales between $1,350 million and $1,450 million, with adjusted operating income of 4.0% to 4.25% of net sales[9] - Open orders totaled $593 million, reflecting a decrease from $642 million at the end of the previous quarter[21] Income and Earnings - Operating income was $14.5 million, representing 4.0% of net sales, with adjusted operating income at 4.8%, up 140 basis points year-over-year[5] - Net income reached $10.1 million, or $0.40 per diluted share, with adjusted EPS of $0.49, more than double that of Q1 fiscal 2025[5] - Operating income for the three months ended September 30, 2025, was $0 million, compared to $0.8 million for the same period in 2024[23] - Reported net income for the three months ended September 30, 2025, was $10.1 million, compared to $3.2 million in 2024[24] - Adjusted diluted earnings per share for the three months ended September 30, 2025, increased to $0.49 from $0.22 in 2024[24] Cash Flow and Debt Management - Cash from operations was $8.1 million, marking the seventh consecutive quarter of positive cash generation[5] - Total debt decreased by $9.5 million to $138.0 million, with a borrowing capacity of $294.3 million[5] - Cash Conversion Days improved to 83, the lowest level in three years[5] - The company invested $1.5 million to repurchase 49,000 shares of common stock[5] Restructuring and Capital Management - The company reported a restructuring expense of $1.4 million for the three months ended September 30, 2025, compared to $2.3 million in 2024[24] - The average invested capital for the twelve months ended September 30, 2025, was $669.5 million, down from $773.0 million in 2024[24] - Return on invested capital (ROIC) for the twelve months ended September 30, 2025, was 6.4%, compared to 7.3% in 2024[24] - The company recognized a gain on sale of $1.3 million following the close of a sale on July 31, 2024, impacting the operating income for the three months ended September 30, 2024[23]