ADT Inc. logo ADT - ADT Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 8
HOLD 7
SELL 2
STRONG
SELL
0
| PRICE TARGET: $8.97 DETAILS
HIGH: $10.40
LOW: $7.50
MEDIAN: $9.00
CONSENSUS: $8.97
UPSIDE: 29.16%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Revenue
Revenue 1,279 1,276 1,298.0 1,287.0 1,267.5 1,260 1,243.8 1,204.6 1,189.7 1,173 1,179.9 1,168.1 1,277.3 1,317 1,289.8 1,601.0 1,544.7 1,381 1,317.0 1,304.4 1,304.7 1,315 1,298.9 1,331.4 1,369.8 1,298 1,300.6 1,283.7 1,243.1 1,185 1,148.3 1,131.5 1,116.4 1,105.5 1,083.0 1,067.8 1,059.2 1,051.2 1,037.5 430.6 430.6
Cost of Revenue 588 649.0 662.6 651.1 640.0 635.2 613.5 584.8 581.9 562.1 565.0 554.4 696.6 739.4 706.1 946.3 1,022.8 940.7 884.5 885.9 879.6 874.6 856.2 877.2 919.6 878.6 883.4 859.0 821.8 767 738.1 734.5 732.1 713.7 692.1 673.6 679.6 655.7 220.0 122.7 122.7
Gross Profit 691 627.0 635.4 636.0 627.5 624.8 630.3 619.7 607.8 610.9 614.9 613.7 580.8 577.6 583.7 654.8 521.9 440.3 432.5 418.6 425.1 440.4 442.7 454.2 450.1 419.4 417.2 424.8 421.2 418 410.3 396.9 384.4 391.8 390.9 394.1 379.6 395.5 817.5 307.9 307.9
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 0 0 0 0 0 0 0 0 0
SG&A Expenses 365 293.8 320.3 294.0 308.2 311.8 302.4 333.7 315.6 296.9 298.5 273.2 349.1 365.6 375.3 448.0 445.4 410.3 416.1 415.6 421.0 418.4 385.9 391.0 430.6 337.4 357.6 324.7 324.5 324 295.1 322.5 295.0 286.2 284.1 285.7 353.3 297.6 300.9 130.2 130.2
Other 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 0 0 0 0 0 0 0 0 0
Operating Expenses 365 293.8 320.3 294.0 308.2 311.8 302.4 333.7 315.6 296.9 298.5 273.2 349.1 365.6 375.3 448.0 445.4 410.3 416.1 415.6 421.0 418.4 385.9 391.0 430.6 337.4 357.6 324.7 324.5 324 295.1 322.5 295.0 286.2 284.1 285.7 353.3 297.6 800.4 488.4 488.4
Operating Income
Operating Income 326 333.2 315.1 342.0 319.3 313 327.9 286.0 292.1 314 316.4 340.4 231.6 212 208.3 206.7 76.5 30 16.4 2.9 4.1 22 56.8 63.1 19.5 82 59.5 100.1 96.7 94 115.1 74.4 89.4 105.7 106.8 108.5 26.3 97.9 (2.9) 3.8 3.8
Interest Expense 98 108.5 99.3 101.2 101.7 82.1 161.8 109.7 87.5 169.8 146.8 83.5 171.3 147.2 29.8 81.7 6.3 110 133.3 166.5 47.7 139 156.8 187.3 225.4 154 152.4 154.6 158.9 162 152.4 174 174.3 179 184.4 188.1 181.1 184.1 0 0 0
Interest Income 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 0 184.1 76.7 76.7
Profitability
EBITDA 671 740.2 726.9 742.9 719.1 729.3 679.4 681.2 714.3 596.5 731.2 758.7 352.8 721.0 387.4 718.4 750.4 597.1 538.8 474.9 483.7 514.6 514.3 553.6 358.8 574.6 461.3 548.6 566.0 493 383.9 591.5 493.0 568.2 583.1 553.6 469.6 490.2 454.7 177.7 177.7
EBIT 326 333.2 315.1 342.0 319.3 329.1 288.0 292.6 326.6 219.5 353.6 392.0 (53.8) 286.5 (40.1) 280.0 237.4 71.3 26.3 (29.3) (14.7) 14 16.0 52.7 (152.9) 66 (65.6) 27.7 70.1 9 (90.8) 103.2 9.3 92.1 115.2 95.2 8.6 62.6 (2.9) 3.8 3.8
Income Before Tax 227 215 198.6 227.0 193.5 226 182.3 186.0 220.3 148 157.7 247.4 (200.7) 142 (184.9) 129.4 71.2 (96) (145.6) (166.9) (62.5) (125) (140.8) (134.6) (378.3) (88) (218.0) (126.9) (88.8) (153) (243.2) (71.3) (165.0) (87.2) (69.2) (92.9) (172.4) (121.4) (167.0) (257.2) (257.2)
Income Tax Expense 58 68 55.1 58.7 51.0 29 50.2 59.8 56.4 41 34.4 67.0 (73.9) 0 (15.8) 37.9 19.5 (38) (36.5) (41.0) (14.6) (13) (27.7) (27.8) (78.0) (16) (36.4) (22.8) (22.4) (4) (7.7) (4.6) (7.6) (725.4) (7.1) (0.2) (31.6) (36.5) (75.5) (77.1) (77.1)
Net Income 168 145 145.1 165.2 140.2 190 127.2 92.4 91.6 (54.0) (86.2) 92.2 (118.8) 151 (161.2) 91.5 51.6 (58) (109.1) (125.8) (47.9) (112) (113.1) (106.7) (300.3) (72) (181.6) (104.1) (66.5) (149) (235.5) (66.7) (157.4) 638.2 (62.0) (92.7) (140.9) (84.9) (91.4) (180.1) (180.1)
Per Share Data
EPS (Basic) 0.21 0.18 0.18 0.20 0.16 0.21 0.14 0.10 0.10 0.63 -0.09 0.10 -0.10 0.17 -0.13 0.09 0.06 -0.07 -0.13 -0.16 -0.06 -0.15 -0.15 -0.14 -0.40 -0.10 -0.25 -0.14 -0.09 -0.20 -0.31 -0.09 -0.22 0.85 -0.09 -0.13 -0.20 -0.12 -0.14 -0.28 -0.28
EPS (Diluted) 0.19 0.16 0.16 0.18 0.15 0.20 0.13 0.10 0.09 0.59 -0.09 0.09 -0.10 0.16 -0.13 0.09 0.05 -0.07 -0.13 -0.15 -0.06 -0.14 -0.15 -0.14 -0.40 -0.10 -0.25 -0.14 -0.09 -0.20 -0.31 -0.09 -0.22 0.85 -0.09 -0.13 -0.20 -0.12 -0.14 -0.28 -0.28
Shares Outstanding 815 817 819.5 832.4 862.8 887 905 903.0 910.6 913 912.2 912.3 909.0 906 905.0 965.6 931.5 787 821.6 765.9 762.7 761 760.9 760.6 759.1 721.6 726.5 749.6 756.3 757 755.3 750.0 728.6 748.9 694.6 694.6 694.6 694.6 640.7 640.7 640.7
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q1
Current Assets
Cash & Cash Equivalents 119 81 63 152.4 3.7 96.2 95.3 37.9 4.0 14.6 239 146 186 257 45.7 43.6 17 24 61.2 150.4 122.6 205 489.4 45.5 118.1 49 155.8 43.1 95.7 363 256.9 344 258.2 123 170.7 64.0 (75.9) 75.9 (15.8)
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 0 0 0 0 0 0 0 0 0 0 0 0 0 151.8 0 31.5
Net Receivables 368 385 400 432.0 395.3 412.7 396.9 404.0 387.5 385.6 401.4 643.4 624.2 488.3 539.6 528.1 453.8 523.8 363.1 356.7 331.7 336.0 289.7 258.9 270.5 287.2 284.9 275.5 245.4 245.7 154.6 148.9 151.3 148.8 134.2 123.2 0 135.2 0
Inventory 189 202 190 185.7 188.8 196.7 203.0 203.0 209.8 201.4 206 371 399 237.3 424 396.6 381 348 269.4 242.5 224.6 216 200.4 170.2 164.7 138 145.9 136.2 131.7 115 107.8 108 105.9 107 110.1 98.6 0 108.9 0
Other Current Assets 223 278 335 170.1 269.7 246.3 307.6 199.4 399.7 355.4 662.1 204.5 197.1 713.2 (0.8) 0 (0.2) 66.8 0 0 0 (0.2) 0 0 0 (0.3) 591.4 0 0 0.5 0 754.6 3.9 36.2 3.9 29.5 0 14.9 0
Total Current Assets 899 946 988 940.3 857.5 1,004.9 1,002.9 985.5 1,001.0 1,004.7 1,635 1,555 1,625 1,722 1,364 1,183.7 1,067 993 871.7 948.6 867.8 967 1,179.9 651.1 719.0 625 1,319.2 582.5 606.5 854 626.7 1,451 621.6 456 492.7 346.3 75.9 388.4 15.8
Non-Current Assets
Property, Plant & Equipment 273 243 241 3,237.9 242.3 247.2 3,345.7 3,364.6 3,355.1 3,380.8 3,267 3,444 3,435 3,437 3,417 3,350.1 3,281 3,232 3,274.8 3,211.4 3,022.1 2,989 2,973.9 2,967.6 3,026.7 3,068 3,112.7 3,286.4 3,249.9 3,235 3,215.2 3,213 3,218.5 3,225 3,234.5 3,220.4 0 3,179.7 0
Goodwill 4,999 4,886 4,886 4,903.9 4,903.9 4,903.9 4,903.9 4,903.9 4,903.9 4,903.9 4,904 5,344 5,627 5,819 5,822 5,967.4 5,941 5,943 5,244.9 5,244.7 5,243.0 5,236 5,217.3 5,219.4 5,217.4 4,960 4,956.9 5,145.5 5,132.9 5,082 5,088.3 5,076 5,078.4 5,071 5,041.3 5,023.9 0 5,013.4 0
Intangible Assets 4,829 4,818 4,867 4,875.8 4,806.3 4,854.1 4,898.9 4,835.8 4,844.0 4,877.5 4,823 5,004 5,020 5,092 5,186 5,237.7 5,286 5,413 5,520.7 5,649.5 5,809.3 5,907 6,046.7 6,234.5 6,475.3 6,670 6,815.6 7,226.0 7,349.3 7,488 7,488.1 7,569 7,715.6 7,857 7,974.8 8,055.8 0 8,308.7 0
Long-Term Investments 0 0 0 442.6 0 0 63.1 99.2 106.8 91.7 150.0 139.4 97.3 127.6 160.1 62.0 40.9 0 46.7 57.5 0 0 0 0 0 0 0 0 0 1.2 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 4,913 4,926 4,999 1,571.6 5,020.0 5,040.9 1,870.1 1,797.0 1,733.5 1,705.4 2,801 1,987 1,840 1,804 1,779 1,576.3 1,439 1,313 1,109.8 1,021.6 1,069.4 1,018 948.2 885.7 824.4 761 742.7 736.8 695.0 550 549.2 508 1,224.9 406 343.7 336.0 (75.9) 286.3 (15.8)
Total Non-Current Assets 15,014 14,873 14,993 15,031.8 14,972.5 15,046.0 15,081.7 15,000.3 14,943.2 14,959.4 15,795 15,779 15,922 16,152 16,204 16,131.4 15,947 15,901 15,150.3 15,127.2 15,143.8 15,150 15,186.2 15,307.1 15,543.8 15,459 15,627.9 16,394.7 16,427.2 16,355 16,340.9 16,366 17,237.3 16,559 16,594.3 16,636.0 (75.9) 16,788.1 (15.8)
Total Assets 15,913 15,819 15,981 15,972.1 15,830.1 16,051.0 16,084.6 15,985.8 15,944.2 15,964.1 17,431 17,334 17,546 17,873 17,568 17,315.1 17,015 16,894 16,021.9 16,075.9 16,011.6 16,117 16,366.1 15,958.2 16,262.7 16,084 16,947.1 16,977.2 17,033.7 17,209 16,967.6 17,816 17,858.9 17,015 17,087.0 16,982.3 0 17,176.5 0
Current Liabilities
Account Payables 113 107 167 187.1 132.7 153.5 226.6 222.1 260.1 277.2 275.6 375.3 397.7 417.9 489.9 462.3 449.5 475.0 361.0 357.0 348.4 321.6 273.1 213.1 284.1 242.0 297.0 275.1 249.4 221.3 206.1 196.9 200.9 187.7 199.8 186.6 0 212.2 0
Short-Term Debt 309 310 522 1,081.4 206.6 195.8 196.6 192.2 322.1 312.1 835.3 836.1 464.6 857.6 857.7 844.2 126.4 117.6 65.9 59.1 80.2 44.8 69.0 63.0 58.8 58.0 212.9 329.9 366.5 58.2 48.3 48.3 48.5 48.1 44.5 45.9 0 27.6 0
Deferred Revenue 247 244 247 254.1 252.9 247.8 249.9 247.4 252.1 255.2 271.9 385.6 395.2 309.9 428.9 388.1 373.9 373.5 339.2 347.5 355.8 345.6 341.1 347.8 349.3 342.4 343.9 340.1 340.2 334.9 310.8 316.2 319.2 309.2 315.5 0 0 313.3 0
Other Current Liabilities 398 352 542 442.2 39.6 135.9 38.3 48.7 0 63.6 314.1 0 0 299.0 0 0 14.0 50.4 61.2 63.8 64.9 65.5 0 0 0 0 128.7 0 0 0 0 735.7 0 (12.5) 0 654.3 0 0 0
Total Current Liabilities 1,067 1,013 1,478 2,051.9 1,117.1 1,263.8 1,245.4 1,315.3 1,409.1 1,480.2 2,279 2,319 1,999 2,661 2,686 2,364.8 1,579 1,703 1,408.8 1,421.3 1,315.0 1,296 1,249.4 1,236.9 1,248.1 1,120 1,474.0 1,391.0 1,382.2 1,012 1,009.8 1,671 979.2 896 958.5 886.7 0 852.5 0
Non-Current Liabilities
Long-Term Debt 7,360 7,379 7,284 6,717.7 7,612.7 7,511.3 7,524.5 7,532.2 7,566.9 7,513.5 8,832.4 8,834.7 9,375.6 8,946.7 8,945.3 8,998.7 9,735.3 9,575.1 9,469.3 9,439.1 9,445.8 9,447.8 9,675.4 9,685.3 9,899.1 9,634.2 9,638.1 9,481.1 9,347.6 9,944.1 9,519.5 9,522.5 9,528.0 10,121.1 10,130.0 10,768.9 0 9,436.6 0
Deferred Tax Liabilities 1,287 1,267 1,181 1,169.8 1,170.3 1,167.2 1,116.7 1,080.1 1,039.1 1,027.2 908.8 763.5 855.8 893.0 927.6 926.9 887.9 867.2 900.4 936.0 973.2 990.9 1,002.9 1,030.9 1,060.9 1,166.3 1,190.3 1,287.6 1,321.2 1,342.2 1,370.1 1,374.5 1,381.7 1,376.7 2,077.7 0 0 2,117.9 0
Other Non-Current Liabilities 2,399 2,381 2,379 168.3 234.0 240.3 242.5 215.3 217.5 239.6 323.0 272.7 266.0 346.4 247.6 213.9 224.1 300.7 265.8 290.4 399.3 510.7 531.4 509.9 476.0 305.4 288.7 297.9 251.2 140.6 127.0 125.3 833.1 790.3 799.8 2,486.9 (3,805.0) 764.3 (702.9)
Total Non-Current Liabilities 11,046 11,027 10,844 10,260.8 11,095.6 10,986.4 10,941.9 10,862.3 10,799.3 10,695.2 11,913 11,697 12,232 11,779 11,675 11,570.9 12,156 11,942 11,872.8 11,800.0 11,718.8 11,782 11,978.1 11,927.3 12,119.9 11,780 11,761.9 11,696.3 11,503.5 11,972 11,521.8 11,483 12,156.1 12,686 13,331.8 13,255.8 0 12,519.0 0
Total Liabilities 12,113 12,040 12,322 12,312.7 12,212.8 12,250.2 12,187.3 12,177.6 12,208.4 12,175.4 14,192 14,016 14,231 14,440 14,361 13,935.7 13,735 13,645 13,281.6 13,221.3 13,033.7 13,078 13,227.6 13,164.1 13,367.9 12,900 13,235.9 13,087.3 12,885.7 12,984 12,531.6 13,154 13,135.3 13,582 14,290.3 14,142.5 0 13,371.5 0
Stockholders' Equity
Common Stock 0 8.2 8.2 8.3 8.4 8.9 9.1 9.1 9.1 9.2 9.2 9.2 9.2 9.2 9.1 9.1 9.1 9.0 8.3 8.3 8.3 8.3 8.3 7.7 7.7 7.5 7.5 7.5 7.7 7.7 7.7 1.1 1.1 0.0 0.0 0.0 0 0.0 0
Retained Earnings 0 (2,907.3) (3,007.1) (3,106.7) (3,225.6) (3,318.2) (3,458.6) (3,535.0) (3,576.8) (3,617.7) (4,161.0) (4,042.0) (4,032.5) (3,909.6) (4,028.5) (3,874.0) (3,933.1) (3,952.6) (3,863.0) (3,724.1) (3,568.6) (3,491.1) (3,349.4) (3,206.8) (3,072.9) (2,742.2) (2,112.3) (1,904.2) (1,773.7) (1,680.4) (1,504.1) (1,241.6) (1,148.1) (998.2) (1,636.4) (1,574.4) 0 (590.8) 0
Accumulated Other Comprehensive Income 0 (1.6) (8.3) (7.0) (5.7) (7.0) (11.5) (12.9) (14.5) (16.2) (16.8) (39.5) (43.1) (47.2) (47.3) (51.3) (57.9) (69.0) (82.9) (94.7) (106.1) (118.6) (134.3) (145.9) (154.4) (58.4) (114.2) (101.9) (79.6) (71.8) (14.9) (32.9) (19.7) (4.0) 0.5 (14.9) 3,805.0 (28.5) 702.9
Total Stockholders' Equity 3,800 3,779 3,659 3,659.4 3,617.3 3,801 3,897.3 3,808.2 3,735.8 3,788.6 3,239 3,318 3,315 3,433 3,207 3,379.4 3,280 3,249 2,740.3 2,854.6 2,977.9 3,039 3,138.5 2,794.1 2,894.8 3,184 3,711.2 3,889.9 4,148.0 4,225 4,436.0 4,662 4,723.6 3,433 2,796.7 2,839.8 3,805.0 3,805.0 702.9
Total Liabilities & Equity 15,913 15,819 15,981 15,972.1 15,830.1 16,051.0 16,084.6 15,985.8 15,944.2 15,964.1 17,431 17,334 17,546 17,873 17,568 17,315.1 17,015 16,894 16,021.9 16,075.9 16,011.6 16,117 16,366.1 15,958.2 16,262.7 16,084 16,947.1 16,977.2 17,033.7 17,209 16,967.6 17,816 17,858.9 17,015 17,087.0 16,982.3 3,805.0 17,176.5 702.9
Debt Metrics
Total Debt 7,669 7,689 7,806 7,913.7 7,819.3 7,707.1 7,721.1 7,743.8 7,905.6 7,841.5 9,683.7 9,671 9,841 9,829 9,803 9,882.6 9,861 9,693 9,742.3 9,696.2 9,557.1 9,493 9,744.5 9,748.4 9,957.9 9,692 9,851.0 9,810.9 9,714.1 10,002 9,567.8 9,570 9,576.5 10,169 10,174.5 10,814.8 0 9,510.0 0
Net Debt 7,550 7,608 7,743 7,761.3 7,815.6 7,610.9 7,625.7 7,705.9 7,901.6 7,826.9 9,444.7 9,525 9,655 9,572 9,757 9,839.0 9,844 9,669 9,681.1 9,545.8 9,434.5 9,288 9,255.0 9,702.9 9,839.7 9,643 9,695.2 9,767.9 9,618.4 9,639 9,310.9 9,226 9,318.3 10,046 10,003.8 10,750.8 75.9 9,434.1 15.8
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Operating Activities
Net Income 168 146 145 168 140.2 190.0 127.2 92.4 91.5 86 (86) 92 (90) 151 (122) 91.5 52 (57.9) (109.1) (125.8) (47.9) (112.1) (113.1) (106.7) (300.3) (71.8) (181.6) (104.1) (66.5) (149.5) (235.5) (66.7) (157.4) 638.2 (62.0) (92.7) (140.9) (84.9) (91.4) (180.1) (180.1)
Depreciation & Amortization 345 341 411.9 339 339.5 340.7 335.3 388.6 389.0 380.1 330 346 383 412 406 399.4 476 490.7 480.0 474.3 469.8 473.5 473.3 477.9 489.0 486.4 505.8 500.9 495.9 484.2 474.8 488.3 483.7 476.1 467.9 458.4 460.9 427.6 457.6 173.9 173.9
Stock-Based Compensation 14 12 11 12 20.5 9 9.9 21.3 8.1 8.1 15.6 11.5 16.0 16.9 16.7 16.9 16 15.4 16.2 13.6 16.0 21.3 26.4 24.8 23.5 20.9 18.9 22.5 23.7 22.1 17.8 45.8 49.3 2.8 3.6 2.5 2.4 1.9 0.5 1.1 1.1
Change in Working Capital 37 (284.4) (144.5) 110.8 (110.8) (84.7) (94.6) 31.9 (144.6) (84.6) (87) (63) (208) 40 (27) 11.6 (175) 81.3 (19.3) 64.9 (12.9) (12.9) (71.6) (67.5) (102.4) (36.9) 16.7 (38.2) 21.4 (88.2) (24.9) (16.8) 63.2 (78.6) 89.6 (55.1) 86.3 (119.1) 101.3 7.7 7.7
Other Non-Cash Items 69 64.1 12.6 (65.8) 74.5 (47.2) 81.7 (8.5) 8.4 (95.9) 135.4 167 256 (36) 226 (39.0) (77) 2.4 41.3 40.2 (43.9) 30.1 80.8 83.2 222.9 46.9 158.8 113.0 58.3 121.5 220.2 11.6 71.6 21.7 26.9 22.1 38.4 52.2 (34.2) (28.7) (28.7)
Operating Cash Flow 638 374.4 480 564 466.6 459.7 498.2 563.2 363.8 412.0 446 493 307 567 498 514.6 308 494.4 369.7 426.3 359.3 373.5 364.3 378.8 250.2 413.8 480.1 469.9 509.3 381.6 443.2 458.2 504.6 329.6 518.9 331.4 412.0 235.7 433.8 (26.0) (26.0)
Investing Activities
Capital Expenditure (49) (139.0) (43) (38) (45.4) (150.3) (165.2) (190.2) (181.2) (195.4) (202) (191) (218) (203) (242) (245.7) (220) (217.5) (222.2) (237.4) (185.8) (190.7) (171.4) (114.1) (99.4) (150.3) (172.3) (195.8) (182.6) (180.6) (176.5) (174.7) (171.2) (165.5) (179.5) (182.4) (186.0) (175.1) (207.2) (82.4) (82.4)
Acquisitions (164) (57.1) 0 0 0 0 0 (142.5) (117.6) 1,406.2 (133.3) (136.3) (115.8) 0.0 0.1 13.5 0.0 (145.3) (172.6) (0.5) (15.9) (42.5) (2.8) (2.3) (179.6) 482.3 (18.8) (22.6) (53.9) (304.3) (12.3) 0 (36.2) (31.7) (31.8) 0 0 0 (1.2) (4,250.2) (4,250.2)
Purchases of Investments 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
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (193) (1.0) (255) (326.7) (212.8) (227.1) (236.4) 0.0 (1.3) 19.8 2.3 8.3 (2.2) (121.0) (159.1) (170.1) (185.0) (162.3) 1.4 (140.2) (197.4) (104.0) (90.6) (80.8) (59.5) (153.1) (178.2) (169.1) (163.6) (169.2) (199.1) (154.6) (159.4) (167.0) (209.3) (158.6) (122.3) (146.8) (138.9) (25.2) (25.2)
Investing Cash Flow (406) (197.0) (298.4) (364.7) (258.3) (261.1) (401.7) (332.6) (300.1) 1,230.6 (333) (319) (336.0) (324) (401) (402.3) (405.1) (525.1) (393.5) (378.1) (399.1) (337.2) (264.7) (197.1) (338.4) 178.9 (369.3) (387.6) (400.1) (654.2) (387.9) (329.3) (366.8) (364.1) (388.9) (340.9) (308.2) (321.9) (347.4) (4,357.8) (4,357.8)
Financing Activities
Net Debt Issuance (19) (164.4) (22.5) (10.0) 107.0 (34.1) (0.4) (178.8) 31.1 (1,786.1) (26.4) (226.1) 0.9 33.4 (99.1) (109.0) 126.7 8.5 (19.7) (28.5) (7.2) (306.7) (65.0) (217.6) 202.0 (170.1) 21.2 38.4 (331.7) 409.6 (12.4) (12.1) (661.9) (12.3) (12.4) (3.6) 647.4 1.3 0 0 0
Stock Repurchased (116) (0.2) (111.7) (98.4) (396.6) (147.6) 0 0 (93.4) (59.2) 0 0 0 (1,200) 0 0 0 0 0 0 0 0 0 (0.0) 0 (0.1) 0 (128.0) (21.9) 1,828.9 (852.8) 0 0 0 0 0 0 0 0 0 0
Dividends Paid (45) (45.2) (45.8) (47) (48.9) (50.1) (50.0) (50.0) (32.2) (32.2) (32.2) (32.2) (32.0) (32.0) (31.9) (31.7) (31.6) (29.2) (29.1) (29.1) (29.0) (29.0) (27.0) (27.0) (26.3) (531.1) (3.4) (3.9) (26.5) (26.5) (26.7) (26.3) 0 0 0 (200.0) (550) 0 0 0 0
Other Financing Activities (9) (29.5) (0.2) 16.7 17.3 32.0 (14.5) 4.3 19.5 8.8 18.1 21.5 (25.8) 89.6 38.0 55.9 (3.3) 16.3 (15.5) 38.5 (4.5) 18.5 (12.9) (9.0) (18.1) (3.0) (12.0) (41.8) (0.1) (2.6) (853.8) (0.3) (0.1) (1.2) (10.0) (0.2) (0.8) (1.8) (28.5) 4,496.4 4,496.4
Financing Cash Flow (189) (239.4) (163.0) (138.8) (321.2) (199.3) (40.7) (200.4) (75.0) (1,868.7) (17.6) (216.9) (40.6) 71 (93) (84.8) 91.8 (4.4) (64.3) (19.1) (40.7) (319.4) 345.2 (253.6) 157.6 (704.3) 5.7 (135.3) (380.2) 380.5 (892.9) (42.5) 747.9 (13.5) (22.4) (203.8) 96.6 (0.5) (163.6) 4,496.4 4,496.4
Cash Position
Net Change in Cash 42.5 (62.0) 18.6 61.3 (112.9) (0.7) 55.8 30.2 (11.3) (226.1) 95 (43) (70) 314 4 27.5 (5.2) (35.1) (88.1) 29.2 (80.5) (283.1) 444.7 (72.0) 69.4 (111.6) 116.5 (52.8) (270.3) 106.4 (837.4) 86.1 885.3 (47.8) 92.7 (213.3) 200.4 (87.1) (77.4) 112.3 112.3
Cash at Beginning 108.5 171.0 152.4 91.2 204.1 204.7 148.9 118.7 129.9 356.1 261 304 374 60 56 28.1 33.3 68.4 156.5 127.3 207.7 490.9 46.1 118.1 48.7 160.6 44.1 96.9 367.2 260.8 1,098.2 1,012.1 126.8 170.7 77.9 291.3 90.9 163.0 240.4 128.1 0
Cash at End 151 109 171 152.4 91.2 204.1 204.7 148.9 118.7 129.9 356 261 304 374 60 55.5 28.1 33.3 68.4 156.5 127.3 207.7 490.9 46.1 118.1 49 160.6 44.1 96.9 367.2 260.8 1,098.2 1,012.1 122.9 170.7 77.9 291.3 75.9 163.0 240.4 112.3
Free Cash Flow 589 235.5 437 526 421.2 309.4 333.0 373.0 182.6 216.6 244 302 89 364 256 268.8 88 276.9 147.5 188.9 173.5 182.8 192.9 264.7 150.8 263.5 307.8 274.1 326.7 201.0 266.7 283.5 333.4 164.1 339.4 149.0 226.0 60.6 226.6 (108.4) (108.4)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Income Statement
Revenue 1,279 1,276 1,298.0 1,287.0 1,267.5 1,260 1,243.8 1,204.6 1,189.7 1,173 1,179.9 1,168.1 1,277.3 1,317 1,289.8 1,601.0 1,544.7 1,381 1,317.0 1,304.4 1,304.7 1,315 1,298.9 1,331.4 1,369.8 1,298 1,300.6 1,283.7 1,243.1 1,185 1,148.3 1,131.5 1,116.4 1,105.5 1,083.0 1,067.8 1,059.2 1,051.2 1,037.5 430.6 430.6
Gross Profit 691 627.0 635.4 636.0 627.5 624.8 630.3 619.7 607.8 610.9 614.9 613.7 580.8 577.6 583.7 654.8 521.9 440.3 432.5 418.6 425.1 440.4 442.7 454.2 450.1 419.4 417.2 424.8 421.2 418 410.3 396.9 384.4 391.8 390.9 394.1 379.6 395.5 817.5 307.9 307.9
Operating Income 326 333.2 315.1 342.0 319.3 313 327.9 286.0 292.1 314 316.4 340.4 231.6 212 208.3 206.7 76.5 30 16.4 2.9 4.1 22 56.8 63.1 19.5 82 59.5 100.1 96.7 94 115.1 74.4 89.4 105.7 106.8 108.5 26.3 97.9 (2.9) 3.8 3.8
Net Income 168 145 145.1 165.2 140.2 190 127.2 92.4 91.6 (54.0) (86.2) 92.2 (118.8) 151 (161.2) 91.5 51.6 (58) (109.1) (125.8) (47.9) (112) (113.1) (106.7) (300.3) (72) (181.6) (104.1) (66.5) (149) (235.5) (66.7) (157.4) 638.2 (62.0) (92.7) (140.9) (84.9) (91.4) (180.1) (180.1)
EPS (Diluted) 0.19 0.16 0.16 0.18 0.15 0.20 0.13 0.10 0.09 0.59 -0.09 0.09 -0.10 0.16 -0.13 0.09 0.05 -0.07 -0.13 -0.15 -0.06 -0.14 -0.15 -0.14 -0.40 -0.10 -0.25 -0.14 -0.09 -0.20 -0.31 -0.09 -0.22 0.85 -0.09 -0.13 -0.20 -0.12 -0.14 -0.28 -0.28
Balance Sheet
Cash & Equivalents 119 81 63 152.4 3.7 96.2 95.3 37.9 4.0 14.6 239 146 186 257 45.7 43.6 17 24 61.2 150.4 122.6 205 489.4 45.5 118.1 49 155.8 43.1 95.7 363 256.9 344 258.2 123 170.7 64.0 (75.9) 75.9 (15.8)
Total Assets 15,913 15,819 15,981 15,972.1 15,830.1 16,051.0 16,084.6 15,985.8 15,944.2 15,964.1 17,431 17,334 17,546 17,873 17,568 17,315.1 17,015 16,894 16,021.9 16,075.9 16,011.6 16,117 16,366.1 15,958.2 16,262.7 16,084 16,947.1 16,977.2 17,033.7 17,209 16,967.6 17,816 17,858.9 17,015 17,087.0 16,982.3 0 17,176.5 0
Total Debt 7,669 7,689 7,806 7,913.7 7,819.3 7,707.1 7,721.1 7,743.8 7,905.6 7,841.5 9,683.7 9,671 9,841 9,829 9,803 9,882.6 9,861 9,693 9,742.3 9,696.2 9,557.1 9,493 9,744.5 9,748.4 9,957.9 9,692 9,851.0 9,810.9 9,714.1 10,002 9,567.8 9,570 9,576.5 10,169 10,174.5 10,814.8 0 9,510.0 0
Stockholders' Equity 3,800 3,779 3,659 3,659.4 3,617.3 3,801 3,897.3 3,808.2 3,735.8 3,788.6 3,239 3,318 3,315 3,433 3,207 3,379.4 3,280 3,249 2,740.3 2,854.6 2,977.9 3,039 3,138.5 2,794.1 2,894.8 3,184 3,711.2 3,889.9 4,148.0 4,225 4,436.0 4,662 4,723.6 3,433 2,796.7 2,839.8 3,805.0 3,805.0 702.9
Cash Flow
Operating Cash Flow 638 374.4 480 564 466.6 459.7 498.2 563.2 363.8 412.0 446 493 307 567 498 514.6 308 494.4 369.7 426.3 359.3 373.5 364.3 378.8 250.2 413.8 480.1 469.9 509.3 381.6 443.2 458.2 504.6 329.6 518.9 331.4 412.0 235.7 433.8 (26.0) (26.0)
Capital Expenditure (49) (139.0) (43) (38) (45.4) (150.3) (165.2) (190.2) (181.2) (195.4) (202) (191) (218) (203) (242) (245.7) (220) (217.5) (222.2) (237.4) (185.8) (190.7) (171.4) (114.1) (99.4) (150.3) (172.3) (195.8) (182.6) (180.6) (176.5) (174.7) (171.2) (165.5) (179.5) (182.4) (186.0) (175.1) (207.2) (82.4) (82.4)
Free Cash Flow 589 235.5 437 526 421.2 309.4 333.0 373.0 182.6 216.6 244 302 89 364 256 268.8 88 276.9 147.5 188.9 173.5 182.8 192.9 264.7 150.8 263.5 307.8 274.1 326.7 201.0 266.7 283.5 333.4 164.1 339.4 149.0 226.0 60.6 226.6 (108.4) (108.4)