ADC - Agree Realty Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$83.94
DETAILS
HIGH:
$91.00
LOW:
$80.00
MEDIAN:
$83.50
CONSENSUS:
$83.94
UPSIDE:
11.06%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||
| Revenue | 718.4 | 617.1 | 537.5 | 429.8 | 339.3 | 248.6 | 187.5 | 137.1 | 111.5 | 91.5 | 70.0 | 53.6 | 43.5 | 34.6 | 30.3 | 27.4 | 34.4 | 35.7 | 34.5 | 32.9 | 31.6 | 28.9 | 26.2 | 23.1 | 22.2 | 22.6 | 21.9 | 19.8 | 18.4 | 16.3 | 13.8 | 9.5 |
| Cost of Revenue | 88.1 | 74.8 | 66.7 | 52.3 | 41.1 | 31.8 | 23.5 | 17.0 | 12.5 | 8.6 | 6.4 | 4.9 | 3.7 | 3.3 | 3.5 | 3.1 | 3.9 | 2.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 630.3 | 542.2 | 470.8 | 377.5 | 298.3 | 216.8 | 164.0 | 120.1 | 99.0 | 82.9 | 63.6 | 48.6 | 39.9 | 31.3 | 26.8 | 24.3 | 30.5 | 33.1 | 34.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | ||||||||||||||||||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 44.1 | 37.2 | 34.8 | 30.1 | 25.5 | 20.8 | 15.6 | 12.2 | 9.9 | 8.0 | 7.0 | 6.6 | 6.0 | 5.7 | 5.7 | 5.0 | 5.4 | 4.4 | 4.5 | 4.0 | 4.2 | 2.8 | 2.3 | 2.0 | 1.8 | 1.6 | 1.4 | 1.2 | 1.1 | 1.1 | 1 | 0.7 |
| Other Expenses | 245.8 | 202.8 | 181.6 | 129.3 | 82.5 | 62.9 | 34.0 | 35.3 | 26.7 | 23.3 | 16.4 | 14.0 | 8.5 | 0 | 5.8 | 10.5 | 5.4 | 7.3 | 6.9 | 9.1 | 9.2 | 8.5 | 9.0 | 5.4 | 5.3 | 6.3 | 6.9 | 6.2 | 5.7 | 5.1 | 12.8 | 8.8 |
| Operating Expenses | 289.9 | 240.0 | 216.4 | 159.4 | 108.0 | 83.7 | 49.6 | 47.1 | 36.1 | 31.3 | 23.5 | 20.8 | 14.4 | 11.9 | 11.5 | 15.5 | 9.9 | 11.6 | 13.8 | 13.1 | 13.4 | 11.3 | 11.2 | 7.4 | 7.1 | 7.8 | 8.3 | 7.4 | 6.8 | 6.2 | 13.8 | 9.5 |
| Operating Income | ||||||||||||||||||||||||||||||||
| Operating Income | 340.4 | 302.2 | 254.4 | 218.1 | 190.3 | 133.1 | 114.4 | 73.0 | 63.0 | 51.7 | 40.1 | 27.9 | 25.4 | 19.4 | 15.3 | 8.8 | 20.6 | 21.5 | 20.7 | 19.8 | 18.2 | 17.6 | 15.0 | 15.6 | 15.1 | 14.7 | 13.6 | 12.4 | 11.6 | 10.1 | 18.4 | 13 |
| Interest Expense | 134.6 | 108.9 | 81.1 | 63.4 | 50.4 | 40.1 | 33.1 | 24.9 | 18.1 | 15.3 | 12.3 | 8.6 | 6.5 | 5.1 | 4.7 | 4.7 | 4.6 | 5.2 | 4.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.8 | 1.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||
| EBITDA | 617.1 | 543.3 | 463.9 | 386.2 | 295.7 | 215.8 | 161.9 | 119.0 | 94.7 | 75.1 | 56.6 | 42.0 | 34.2 | 26.9 | 23.1 | 21.2 | 26.6 | 27.0 | 25.9 | 24.8 | 23.2 | 21.9 | 19.8 | 31.6 | 30.3 | 21.6 | 32.7 | 29.4 | 27.2 | 13.1 | 21 | 15 |
| EBIT | 341.3 | 303.0 | 254.6 | 219.3 | 175.7 | 133.2 | 102.7 | 75.3 | 63.0 | 51.7 | 40.1 | 30.9 | 25.4 | 19.4 | 15.9 | 15.0 | 20.6 | 21.5 | 20.7 | 19.8 | 18.2 | 17.6 | 15.0 | 27.3 | 26.0 | 17.5 | 28.9 | 25.9 | 24 | 10.1 | 18.4 | 13 |
| Income Before Tax | 206.7 | 194.1 | 173.5 | 155.9 | 125.3 | 93.1 | 81.3 | 59.3 | 59.0 | 46.0 | 39.8 | 18.8 | 18.9 | 14.2 | 13.7 | 5.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Tax Expense | 1.7 | 4.3 | 2.9 | 2.9 | 2.4 | 1.1 | 0.5 | 0.5 | 0 | 0 | 0 | 8.9 | (0.7) | (3.1) | 9.7 | 6.5 | (9.8) | (13.2) | 5.2 | 5.8 | 6.6 | 5.0 | 7.1 | 6.9 | 6.8 | 7.6 | 6.8 | 6.3 | 6.3 | 6.3 | 15.2 | 12.7 |
| Net Income | 204.3 | 189.2 | 170.0 | 152.4 | 122.3 | 91.4 | 80.1 | 58.2 | 58.1 | 45.1 | 39.0 | 18.5 | 19.7 | 18.0 | 9.6 | 15.1 | 18.0 | 15.0 | 15.5 | 14.0 | 16.0 | 13.1 | 10.5 | 8.8 | 8.1 | 7.1 | 6.8 | 6.1 | 5.2 | 3.7 | 3.2 | 0.3 |
| Per Share Data | ||||||||||||||||||||||||||||||||
| EPS (Basic) | 1.77 | 1.79 | 1.70 | 1.84 | 1.79 | 1.76 | 1.96 | 1.81 | 2.09 | 1.97 | 2.17 | 1.24 | 1.51 | 1.63 | 0.99 | 1.54 | 2.20 | 1.91 | 2.02 | 1.84 | 2.15 | 2.03 | 1.63 | 1.99 | 1.81 | 1.61 | 1.56 | 1.40 | 1.41 | 1.41 | 1.23 | 0.08 |
| EPS (Diluted) | 1.77 | 1.78 | 1.70 | 1.83 | 1.78 | 1.74 | 1.93 | 1.80 | 2.08 | 1.97 | 2.16 | 1.24 | 1.50 | 1.62 | 0.99 | 1.54 | 2.14 | 1.91 | 2.01 | 1.83 | 2.14 | 2.03 | 1.63 | 1.97 | 1.81 | 1.61 | 1.56 | 1.40 | 1.41 | 1.41 | 1.23 | 0.08 |
| Shares Outstanding | 110.7 | 101.1 | 95.2 | 78.7 | 66.8 | 51.8 | 40.6 | 32.1 | 27.6 | 22.9 | 18.0 | 14.9 | 13.1 | 11.1 | 9.6 | 9.8 | 7.9 | 7.7 | 7.7 | 7.6 | 7.5 | 6.5 | 4.9 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 3.7 | 2.6 | 2.6 | 3.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||
| Cash & Cash Equivalents | 16.3 | 6.4 | 10.9 | 27.8 | 43.3 | 6.1 | 15.6 | 54.0 | 50.8 | 33.4 | 0.7 | 0.7 | 0.6 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 | 1.8 | 0.3 | 0 | 0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 |
| Net Receivables | 122.5 | 106.4 | 83.0 | 65.8 | 53.4 | 37.8 | 26.8 | 21.5 | 15.5 | 11.5 | 2.0 | 1.0 | 0.6 | 0 | 0.8 | 0.7 | 0.7 | 0.6 | 0.6 | 0.5 | 0.6 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 3.8 | 0 | 2.4 | (1.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 4.3 | 0 | 7.3 | 1.1 | 7.7 | 3.0 | 26.6 | 0.0 | 10.4 | 0 | 0 | 0 | (1.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 143.1 | 112.8 | 101.1 | 94.8 | 104.4 | 47.0 | 72.7 | 75.5 | 76.7 | 44.9 | 2.7 | 1.6 | 0 | 0 | 1.9 | 1.8 | 1.9 | 1.6 | 1.6 | 2.3 | 0.9 | 0 | 0.3 |
| Non-Current Assets | |||||||||||||||||||||||
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,661.3 | 1,214.0 | 950.3 | 256.4 | 252.8 | 211.6 | 182.7 | 173.5 | 162.9 | 161.1 | 153.5 | 143.9 | 122.7 | 115.1 | 103.6 | 84.3 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1,001.0 | 864.9 | 854.1 | 799.4 | 672.0 | 473.6 | 343.5 | 280.2 | 195.2 | 109.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1,661.3) | (1,214.0) | (950.3) | 0 | 0 | 0 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 1.1 | 1.8 | 1.8 | 0 | 0 |
| Other Non-Current Assets | 8,653.5 | 7,508.7 | 6,819.6 | 5,819.0 | 4,450.5 | 3,365.6 | 2,248.3 | 1,672.0 | 1,222.3 | 956.5 | (702.3) | (702.6) | (211.6) | (183.1) | (173.8) | (163.1) | (161.4) | (154.0) | (145.0) | (124.5) | (117.0) | (103.6) | (84.3) |
| Total Non-Current Assets | 9,654.5 | 8,373.6 | 7,673.7 | 6,618.4 | 5,122.5 | 3,839.2 | 2,591.8 | 1,952.7 | 1,418.0 | 1,067.0 | 259.1 | 255.3 | 211.6 | 183.1 | 173.8 | 163.1 | 161.4 | 154.0 | 145.0 | 124.5 | 117.0 | 0 | 84.3 |
| Total Assets | 9,797.6 | 8,486.4 | 7,774.8 | 6,713.2 | 5,226.9 | 3,886.2 | 2,664.5 | 2,028.2 | 1,494.6 | 1,111.9 | 261.8 | 262.2 | 215.7 | 191.7 | 178.2 | 167.5 | 166.1 | 158.2 | 149.6 | 130.5 | 121.4 | 108.9 | 89.7 |
| Current Liabilities | |||||||||||||||||||||||
| Account Payables | 139.4 | 116.3 | 101.4 | 83.7 | 70.0 | 71.4 | 49.0 | 21.0 | 11.2 | 5.5 | 1.9 | 1.3 | 1.8 | 2.0 | 1.8 | 1.8 | 2.1 | 2.2 | 2.2 | 2.1 | 1.3 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 160 | 92 | 89 | 19 | 14 | 14 | 29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41.3 | 51.0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.6 | 1.8 | 1.8 | 10.0 | 10,724.9 | (307.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | (160) | (92) | (89) | (19) | 2.3 | (0.2) | 0 | 32.9 | (5.6) | (5.6) | 5.8 | 5.8 | 5.7 | 6.0 | (45.8) | (55.4) | 5.9 | 0 | 0 |
| Total Current Liabilities | 171.5 | 144.1 | 126.9 | 106.1 | 86.9 | 105.9 | 74.0 | 35.7 | 30.9 | 20.9 | 45.5 | 6.8 | 25.1 | 11.5 | 10.2 | 10.2 | 10.5 | 10.8 | 10.9 | 10.3 | 9 | 0 | 0 |
| Non-Current Liabilities | |||||||||||||||||||||||
| Long-Term Debt | 3,294.7 | 2,785.4 | 2,410.9 | 1,940.0 | 1,687.6 | 1,218.3 | 872.3 | 720.4 | 491.2 | 400.9 | 75.6 | 0 | 93.0 | 84.0 | 115.3 | 105.7 | 87.5 | 95.4 | 77.6 | 65.2 | 77.3 | 73.6 | 54.3 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.5 | 0.5 | 0.7 | 0.7 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 35.7 | 26.7 | (385.4) | 59.0 | (28.0) | 0.1 | 57.0 | (106.5) | (84.0) | (115.3) | (105.7) | (87.5) | (95.4) | (77.6) | (65.2) | (77.3) | (73.6) | (54.3) |
| Total Non-Current Liabilities | 3,354.9 | 2,831.7 | 2,447.7 | 1,976.7 | 1,720.7 | 1,254.0 | 899.0 | 754.0 | 552.6 | 405.5 | 76.4 | 112.1 | 93 | 84 | 115.3 | 105.7 | 104.1 | 95.4 | 85.3 | 65.2 | 87.9 | 73.6 | 54.3 |
| Total Liabilities | 3,526.5 | 2,975.8 | 2,574.7 | 2,082.8 | 1,807.6 | 1,359.9 | 973.0 | 789.7 | 583.4 | 426.4 | 122.0 | 124.3 | 112.2 | 89.7 | 119.8 | 110.2 | 108.9 | 100.3 | 90.2 | 69.9 | 91.1 | 77.5 | 56.4 |
| Stockholders' Equity | |||||||||||||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 |
| Retained Earnings | (618.7) | (470.6) | (346.5) | (228.1) | (147.4) | (91.3) | (57.1) | (42.9) | (28.8) | (28.6) | (10.6) | (11.3) | (10.7) | (11.2) | (11.1) | (11.7) | (11.7) | (10.7) | (9.4) | (7.5) | (5.6) | (4.6) | (3.1) |
| Accumulated Other Comprehensive Income | 35.5 | 40.1 | 16.6 | 23.6 | (5.5) | (36.3) | (6.5) | 1.4 | 1.4 | (0.5) | (0.1) | (58.5) | (41.7) | (38.5) | (37.5) | (33.6) | (29.9) | (26.3) | (23.0) | (20.0) | (17.3) | 0 | 0 |
| Total Stockholders' Equity | 6,271.0 | 5,510.0 | 5,199.2 | 4,629.0 | 3,417.7 | 2,524.5 | 1,689.3 | 1,236.1 | 908.7 | 683.0 | 136.8 | 132.6 | 97.6 | 96.2 | 52.6 | 51.6 | 51.4 | 52.0 | 53.4 | 55.0 | 24.4 | 25.3 | 26.8 |
| Total Liabilities & Equity | 9,797.6 | 8,486.4 | 7,774.8 | 6,713.2 | 5,226.9 | 3,886.2 | 2,664.5 | 2,028.2 | 1,494.6 | 1,111.9 | 261.8 | 262.2 | 215.7 | 191.7 | 178.2 | 167.5 | 166.1 | 158.2 | 149.6 | 130.5 | 121.4 | 108.9 | 89.7 |
| Debt Metrics | |||||||||||||||||||||||
| Total Debt | 3,354.9 | 2,831.7 | 2,447.7 | 1,976.7 | 1,880.7 | 1,310.3 | 961.3 | 720.4 | 519.6 | 400.9 | 104.6 | 32.9 | 93.0 | 84.0 | 115.3 | 105.7 | 87.5 | 80.1 | 76.5 | 59.6 | 77.3 | 73.6 | 54.3 |
| Net Debt | 3,338.6 | 2,825.3 | 2,436.8 | 1,949.0 | 1,837.5 | 1,304.2 | 945.7 | 666.5 | 468.8 | 367.5 | 103.9 | 32.3 | 92.4 | 83.0 | 114.2 | 104.6 | 86.4 | 79.0 | 75.5 | 57.8 | 77.0 | 73.6 | 54.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||
| Net Income | 205.0 | 189.8 | 170.5 | 153.0 | 122.9 | 92.0 | 80.8 | 58.8 | 58.8 | 45.8 | 16.0 | 13.1 | 10.5 | 8.8 | 8.1 | 7.1 | 6.8 | 6.1 | 5.2 | 3.7 | 3.2 | 2.4 |
| Depreciation & Amortization | 275.7 | 240.2 | 209.4 | 166.9 | 120.0 | 82.6 | 59.2 | 43.7 | 31.8 | 23.4 | 0.2 | 4.6 | 4.8 | 4.2 | 4.2 | 4.1 | 3.8 | 3.5 | 3.2 | 3.0 | 2.6 | 2 |
| Stock-Based Compensation | 13.0 | 10.8 | 8.3 | 6.5 | 5.5 | 5.0 | 4.1 | 2.9 | 2.4 | 2.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 0.3 | (2.6) | 5.4 | 20.7 | (8.7) | (11.3) | (7.6) | (4.4) | 2.5 | (0.8) | (0.8) | (0.5) | 0.3 | (0.5) | 0.5 | (0.2) | 0.4 | 0.2 | 0.1 | 0.2 | 0.2 | (2.6) |
| Other Non-Cash Items | 10.1 | (6.2) | (2.1) | 15.0 | 3.6 | 1.4 | 1.3 | 1.1 | (13.0) | 0.7 | 4.2 | 1.1 | 0.0 | 1.2 | 0.3 | 0.6 | 1.0 | 1.3 | 0.7 | 0.8 | 0.6 | (0.9) |
| Operating Cash Flow | 504.1 | 432.0 | 391.6 | 362.1 | 246.3 | 143.0 | 126.7 | 93.2 | 82.2 | 61.7 | 19.6 | 18.3 | 15.7 | 13.7 | 13.0 | 11.6 | 12.1 | 11.2 | 9.2 | 7.7 | 6.6 | 0.9 |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (15.1) | (21.7) | (20.1) | (13.9) | (4.8) | (10.1) | (11.6) | (13.7) | (8.7) | (13.6) | (19.9) | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.4 | 0.7 | 0.7 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | (1,660.4) | (1,442.1) | (1,346.3) | (732.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.8) | 0 | (0.3) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0 |
| Other Investing Activities | (1,543.1) | (885.4) | (1,275.0) | 44.4 | 55.5 | 46.5 | 65.1 | (568.1) | (319.1) | (297.6) | 9.6 | 6.4 | 3.9 | 0 | 0.3 | 0 | 0.7 | 0.7 | 0.2 | 0.1 | 0 | 0 |
| Investing Cash Flow | (1,543.1) | (885.4) | (1,275.0) | (1,616.0) | (1,386.6) | (1,299.8) | (667.5) | (568.1) | (319.1) | (297.6) | (5.5) | (15.1) | (15.8) | (13.2) | (3.9) | (9.4) | (10.9) | (13.0) | (8.5) | (15.2) | (19.6) | (0.3) |
| Financing Activities | ||||||||||||||||||||||
| Net Debt Issuance | 508.7 | 368.7 | 471.5 | 213.0 | 467.8 | 349.1 | 152.1 | 201.7 | 96.8 | 84.5 | (23.9) | 10.5 | (11.6) | 9.2 | 0.6 | 8.2 | 9.7 | 10.4 | (22.7) | 26.2 | 19.3 | (41) |
| Stock Repurchased | (3.7) | (2.3) | (2.7) | (1.9) | (1.8) | (1.6) | (1.4) | (1.1) | (1.1) | (0.7) | (0.1) | (0.2) | 0 | 0 | 0 | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (348.1) | (311.0) | (285.1) | (227.7) | (195.8) | (116.1) | (90.3) | (67.6) | (55.1) | (42.1) | (15.8) | (13.9) | (10.8) | (9.4) | (9.4) | (9.3) | (9.3) | (9.2) | (7.5) | (5.9) | (5.9) | (2.6) |
| Other Financing Activities | (7.9) | (13.0) | (4.6) | (3.7) | (7.7) | (4.7) | (4.1) | (2.6) | (1.0) | (3.2) | (0.7) | (0.6) | (20.8) | (0.2) | (0.5) | (1.0) | (1.5) | (0.1) | (0.9) | (13.8) | (0.8) | (0.9) |
| Financing Cash Flow | 1,053.2 | 445.3 | 869.0 | 1,237.5 | 1,177.6 | 1,122.7 | 529.0 | 470.1 | 262.3 | 266.5 | (9.0) | (3.6) | 0.0 | (0.4) | (9.2) | (2.2) | (1.1) | 1.1 | 0.8 | 6.5 | 12.6 | 1.1 |
| Cash Position | ||||||||||||||||||||||
| Net Change in Cash | 14.2 | (8.1) | (14.4) | (16.3) | 37.3 | (34.2) | (11.8) | (4.8) | 25.4 | 30.7 | 5.1 | (0.4) | (0.1) | (0.0) | (0.0) | 0.1 | 0.1 | (0.8) | 1.5 | (1.0) | (0.4) | 1.1 |
| Cash at Beginning | 6.4 | 14.5 | 28.9 | 45.2 | 8.0 | 42.2 | 54.0 | 58.8 | 33.4 | 2.7 | 0.6 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 | 1.8 | 0.3 | 1.3 | 1.7 | 0.6 |
| Cash at End | 20.6 | 6.4 | 14.5 | 28.9 | 45.2 | 8.0 | 42.2 | 54.0 | 58.8 | 33.4 | 5.7 | 0.6 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 | 1.8 | 0.3 | 1.3 | 1.7 |
| Free Cash Flow | 504.1 | 432.0 | 391.6 | 362.1 | 246.3 | 143.0 | 126.7 | 93.2 | 82.2 | 61.7 | 4.5 | (3.4) | (4.5) | (0.2) | 8.2 | 1.5 | 0.4 | (2.5) | 0.6 | (5.9) | (13.3) | 0.9 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||
| Revenue | 718.4 | 617.1 | 537.5 | 429.8 | 339.3 | 248.6 | 187.5 | 137.1 | 111.5 | 91.5 | 70.0 | 53.6 | 43.5 | 34.6 | 30.3 | 27.4 | 34.4 | 35.7 | 34.5 | 32.9 | 31.6 | 28.9 | 26.2 | 23.1 | 22.2 | 22.6 | 21.9 | 19.8 | 18.4 | 16.3 | 13.8 | 9.5 |
| Gross Profit | 630.3 | 542.2 | 470.8 | 377.5 | 298.3 | 216.8 | 164.0 | 120.1 | 99.0 | 82.9 | 63.6 | 48.6 | 39.9 | 31.3 | 26.8 | 24.3 | 30.5 | 33.1 | 34.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 340.4 | 302.2 | 254.4 | 218.1 | 190.3 | 133.1 | 114.4 | 73.0 | 63.0 | 51.7 | 40.1 | 27.9 | 25.4 | 19.4 | 15.3 | 8.8 | 20.6 | 21.5 | 20.7 | 19.8 | 18.2 | 17.6 | 15.0 | 15.6 | 15.1 | 14.7 | 13.6 | 12.4 | 11.6 | 10.1 | 18.4 | 13 |
| Net Income | 204.3 | 189.2 | 170.0 | 152.4 | 122.3 | 91.4 | 80.1 | 58.2 | 58.1 | 45.1 | 39.0 | 18.5 | 19.7 | 18.0 | 9.6 | 15.1 | 18.0 | 15.0 | 15.5 | 14.0 | 16.0 | 13.1 | 10.5 | 8.8 | 8.1 | 7.1 | 6.8 | 6.1 | 5.2 | 3.7 | 3.2 | 0.3 |
| EPS (Diluted) | 1.77 | 1.78 | 1.70 | 1.83 | 1.78 | 1.74 | 1.93 | 1.80 | 2.08 | 1.97 | 2.16 | 1.24 | 1.50 | 1.62 | 0.99 | 1.54 | 2.14 | 1.91 | 2.01 | 1.83 | 2.14 | 2.03 | 1.63 | 1.97 | 1.81 | 1.61 | 1.56 | 1.40 | 1.41 | 1.41 | 1.23 | 0.08 |
| Balance Sheet | ||||||||||||||||||||||||||||||||
| Cash & Equivalents | 16.3 | 6.4 | 10.9 | 27.8 | 43.3 | 6.1 | 15.6 | 54.0 | 50.8 | 33.4 | 0.7 | 0.7 | 0.6 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 | 1.8 | 0.3 | 0 | 0 | |||||||||
| Total Assets | 9,797.6 | 8,486.4 | 7,774.8 | 6,713.2 | 5,226.9 | 3,886.2 | 2,664.5 | 2,028.2 | 1,494.6 | 1,111.9 | 261.8 | 262.2 | 215.7 | 191.7 | 178.2 | 167.5 | 166.1 | 158.2 | 149.6 | 130.5 | 121.4 | 108.9 | 89.7 | |||||||||
| Total Debt | 3,354.9 | 2,831.7 | 2,447.7 | 1,976.7 | 1,880.7 | 1,310.3 | 961.3 | 720.4 | 519.6 | 400.9 | 104.6 | 32.9 | 93.0 | 84.0 | 115.3 | 105.7 | 87.5 | 80.1 | 76.5 | 59.6 | 77.3 | 73.6 | 54.3 | |||||||||
| Stockholders' Equity | 6,271.0 | 5,510.0 | 5,199.2 | 4,629.0 | 3,417.7 | 2,524.5 | 1,689.3 | 1,236.1 | 908.7 | 683.0 | 136.8 | 132.6 | 97.6 | 96.2 | 52.6 | 51.6 | 51.4 | 52.0 | 53.4 | 55.0 | 24.4 | 25.3 | 26.8 | |||||||||
| Cash Flow | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | 504.1 | 432.0 | 391.6 | 362.1 | 246.3 | 143.0 | 126.7 | 93.2 | 82.2 | 61.7 | 19.6 | 18.3 | 15.7 | 13.7 | 13.0 | 11.6 | 12.1 | 11.2 | 9.2 | 7.7 | 6.6 | 0.9 | ||||||||||
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (15.1) | (21.7) | (20.1) | (13.9) | (4.8) | (10.1) | (11.6) | (13.7) | (8.7) | (13.6) | (19.9) | 0 | ||||||||||
| Free Cash Flow | 504.1 | 432.0 | 391.6 | 362.1 | 246.3 | 143.0 | 126.7 | 93.2 | 82.2 | 61.7 | 4.5 | (3.4) | (4.5) | (0.2) | 8.2 | 1.5 | 0.4 | (2.5) | 0.6 | (5.9) | (13.3) | 0.9 | ||||||||||