AGM - Federal Agricultural Mortgage Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$233.00
DETAILS
HIGH:
$233.00
LOW:
$233.00
MEDIAN:
$233.00
CONSENSUS:
$233.00
UPSIDE:
31.19%
| 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 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 1,318.3 | 1,624.8 | 1,416.1 | 755.0 | 447.7 | 519.8 | 666.0 | 556.0 | 418.0 | 332.4 | 285.0 | 274.4 | 299.7 | 268.4 | 227.3 | 243.7 | 279.2 | 147.1 | 284.5 | 277.0 | 225.8 | 174.4 | 185.6 | 185.4 | 195.8 | 207.5 | 148.0 | 108.9 | 85.4 | 40.2 | 37.7 | 32.9 | 33.8 |
| Cost of Revenue | 929.8 | 1,261.1 | 1,065.9 | 446.7 | 201.8 | 321.0 | 475.5 | 370.2 | 244.6 | 172.6 | 139.2 | 167.6 | 137.7 | 144.6 | 151.0 | 144.6 | 93.4 | 181.5 | 253.5 | 209.2 | 141.9 | 97.1 | 130.8 | 134.1 | 153.7 | 182.5 | 129.1 | 93 | 73 | 34.7 | 34.7 | 30.3 | 30.8 |
| Gross Profit | 388.6 | 363.7 | 350.2 | 308.3 | 245.9 | 198.8 | 190.6 | 185.8 | 173.4 | 159.7 | 145.7 | 106.8 | 162.0 | 123.8 | 76.3 | 99.1 | 185.8 | (34.4) | 31.0 | 67.8 | 83.9 | 77.3 | 54.8 | 51.3 | 42.0 | 25.0 | 18.9 | 15.9 | 12.4 | 5.5 | 3 | 2.6 | 3 |
| 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 |
| SG&A Expenses | 129.8 | 102.2 | 93.9 | 78.5 | 70.4 | 58.5 | 49.1 | 47.2 | 40.2 | 37.9 | 35.2 | 31.2 | 29.4 | 30.3 | 27.6 | 25.8 | 26.9 | 27.1 | 8.5 | 20.7 | 9.2 | 13.8 | 6.1 | 5.1 | 5.6 | 8.3 | 7.8 | 5.2 | 4.6 | 3 | 2.3 | 2.6 | 2.3 |
| Other Expenses | 3 | 3.4 | 3.2 | 4.1 | 3.1 | 2.9 | 2.9 | 2.6 | 2.5 | 2.5 | 2.5 | 2.5 | 1.3 | 2.4 | 4 | 6.8 | 6.7 | 111.7 | 18.2 | 2.4 | 2.3 | 2.4 | 9.1 | 13.6 | 11.0 | 0.6 | 0.5 | 4.2 | 3.1 | 2.5 | 0.7 | 0 | 24.8 |
| Operating Expenses | 132.8 | 105.6 | 97.1 | 82.6 | 73.4 | 61.4 | 51.9 | 49.8 | 42.7 | 40.4 | 37.7 | 33.7 | 30.7 | 32.7 | 31.6 | 32.6 | 33.7 | 138.9 | 26.7 | 23.1 | 11.5 | 16.3 | 15.2 | 18.8 | 16.6 | 8.8 | 8.3 | 9.4 | 7.7 | 5.5 | 3 | 2.6 | 3 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 255.7 | 258.1 | 253.1 | 225.7 | 172.5 | 137.4 | 138.7 | 136.0 | 130.7 | 119.4 | 108.1 | 73.1 | 131.3 | 91.1 | 44.6 | 66.5 | 152.1 | (173.2) | 4.3 | 44.7 | 72.4 | 61.0 | 39.6 | 32.6 | 25.4 | 16.2 | 10.6 | 6.5 | 4.7 | 0 | 0 | 0 | 0 |
| Interest Expense | 909.6 | 1,249.6 | 1,064.7 | 445.9 | 204.0 | 312.9 | 472.0 | 369.8 | 242.9 | 171.6 | 139.0 | 170.7 | 137.3 | 142.7 | 153.4 | 142.7 | 90.6 | 167.0 | 253.3 | 211.6 | 141.9 | 95.5 | 124.3 | 132.8 | 153.1 | 177.7 | 125.4 | 93 | 73 | 34.7 | 34.7 | 30.3 | 30.8 |
| Interest Income | 1,300.3 | 1,603.5 | 1,392.3 | 716.8 | 426.0 | 503.5 | 645.1 | 544.3 | 400.5 | 311.9 | 264.8 | 241.1 | 246.7 | 264.7 | 274.7 | 238.7 | 176.5 | 255.7 | 297.8 | 249.9 | 192.6 | 162.9 | 161.6 | 171.9 | 182.4 | 195.4 | 140.4 | 103.6 | 80.2 | 37.4 | 36.4 | 31.7 | 32.6 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 255.7 | 258.1 | 253.1 | 225.7 | 172.6 | 137.4 | 138.7 | 136.0 | 130.7 | 119.4 | 108.1 | 73.1 | 131.3 | 91.1 | 44.6 | 66.5 | 152.1 | (93.8) | 135.5 | 172.2 | 140.9 | 95.7 | 75.2 | 81.3 | 107.1 | 144.1 | 102.8 | 78.3 | 54.6 | 14.3 | 14.5 | 8.6 | 11.8 |
| EBIT | 255.7 | 258.1 | 253.1 | 225.7 | 172.5 | 137.4 | 138.7 | 136.0 | 130.7 | 119.4 | 108.1 | 73.1 | 131.3 | 91.1 | 44.6 | 66.5 | 152.1 | (173.2) | 4.3 | 44.7 | 72.4 | 61.0 | 39.6 | 32.6 | 25.4 | 16.2 | 10.6 | 6.5 | 4.7 | 0 | 0 | 0 | 0 |
| Income Before Tax | 255.7 | 258.1 | 253.1 | 225.7 | 172.5 | 137.4 | 138.7 | 136.0 | 130.7 | 119.4 | 108.1 | 73.1 | 131.3 | 91.1 | 44.6 | 66.5 | 152.1 | (173.2) | 4.3 | 44.7 | 72.4 | 61.0 | 39.6 | 32.6 | 25.4 | 16.2 | 10.6 | 6.5 | 4.7 | 0 | 0 | 0 | 0 |
| Income Tax Expense | 48.3 | 50.9 | 53.1 | 47.5 | 36.4 | 28.8 | 29.1 | 27.9 | 46.4 | 42.1 | 34.2 | 2.8 | 33.8 | 22.2 | 5.8 | 13.8 | 52.5 | (22.9) | (0.1) | 12.7 | 23.1 | 19.8 | 12.3 | 9.8 | 8.4 | 5.7 | 3.7 | 0.8 | 0.1 | 0 | 0 | 0 | 0 |
| Net Income | 207.4 | 207.2 | 200.0 | 178.1 | 136.1 | 108.6 | 109.5 | 108.1 | 84.5 | 77.3 | 68.7 | 48.1 | 75.3 | 46.8 | 16.7 | 32.0 | 99.6 | (150.4) | 6.7 | 32.0 | 49.3 | 41.2 | 27.3 | 22.8 | 16.3 | 10.4 | 6.9 | 5.7 | 4.6 | 0.8 | (0.6) | (1.3) | (0.7) |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 16.73 | 16.59 | 15.96 | 13.99 | 10.36 | 8.31 | 8.76 | 8.91 | 6.73 | 6.12 | 4.33 | 3.50 | 6.64 | 4.19 | 1.33 | 2.16 | 8.12 | -15.40 | 0.43 | 2.74 | 4.14 | 3.24 | 2.13 | -1.98 | 1.44 | 0.94 | 0.64 | 0.53 | 0.48 | 0.14 | -0.09 | -0.18 | -0.29 |
| EPS (Diluted) | 16.62 | 16.44 | 15.80 | 13.87 | 10.27 | 8.27 | 8.69 | 8.83 | 6.60 | 5.97 | 4.19 | 3.37 | 6.41 | 3.98 | 1.28 | 2.08 | 8.04 | -15.40 | 0.42 | 2.68 | 4.09 | 3.20 | 2.08 | -1.98 | 1.38 | 0.92 | 0.62 | 0.52 | 0.46 | 0.14 | -0.09 | -0.18 | -0.29 |
| Shares Outstanding | 10.9 | 10.9 | 10.8 | 10.8 | 10.8 | 10.7 | 10.7 | 10.7 | 10.6 | 10.5 | 10.9 | 10.9 | 10.8 | 10.5 | 10.3 | 10.2 | 10.1 | 10.0 | 10.4 | 10.9 | 11.4 | 12.0 | 11.8 | 11.6 | 11.3 | 11.1 | 10.8 | 13.8 | 12.5 | 8.4 | 7 | 7.3 | 2.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 931.1 | 1,007.8 | 883.6 | 861.0 | 908.8 | 1,033.9 | 604.4 | 425.3 | 302.0 | 265.2 | 654.8 | 278.4 | 430.5 | 623.7 | 723.8 | 437.8 | 537.9 | 336.3 | 540.6 | 177.6 | 68.9 | 8.3 | 0.2 | 1.1 |
| Short-Term Investments | 17,550.4 | 11,467.6 | 10,451.4 | 12,186.8 | 10,165.0 | 10,801.4 | 10,102.9 | 8,192.3 | 7,687.3 | 7,369.5 | 90.0 | 163.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 414.4 | 361.1 | 337.0 | 276.2 | 211.1 | 223.5 | 237.6 | 220.4 | 195.2 | 161.7 | 122.2 | 134.2 | 78.0 | 75.3 | 71.2 | 62.3 | 61.2 | 47.3 | 26.6 | 21.4 | 18 | 21.1 | 15.7 | 15.8 |
| Inventory | 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 Current Assets | (17,658.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 1,345.4 | 12,836.5 | 11,672.0 | 13,587.9 | 11,330.2 | 12,083.4 | 10,967.3 | 2,868.2 | 2,717.7 | 2,903.9 | 1,853.9 | 1,423.6 | 508.5 | 699.0 | 795.0 | 500.1 | 599.0 | 383.6 | 567.2 | 199 | 86.9 | 29.4 | 15.9 | 16.9 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (13.1) | (15.7) | (12.3) | 0 | 0.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.1 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.1 | 15.7 | 12.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 17,595.3 | 18,340.9 | 17,704.6 | 13,722.6 | 13,770.5 | 12,247.1 | 10,716.6 | 12,510.2 | 11,990.0 | 10,548.4 | 4,530.9 | 3,687.1 | 3,315.9 | 3,556.5 | 3,402.4 | 2,900.1 | 2,516.8 | 2,153.4 | 1,363.9 | 1,099 | 515.3 | 482.8 | 461 | 508.2 |
| Other Non-Current Assets | 16,429.3 | 145.8 | 139.3 | 4.6 | 4.4 | 6.7 | 8.9 | 3,309.6 | 3,082.5 | 2,141.5 | (4,530.9) | (3,687.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 34,167.1 | 18,488.3 | 17,852.4 | 13,745.2 | 13,790.8 | 12,272.1 | 10,742.0 | 15,826.1 | 15,074.5 | 12,702.2 | 24.1 | 87.8 | 3,338.3 | 3,600.7 | 3,427.9 | 2,917.1 | 2,516.8 | 2,153.4 | 1,368.8 | 1,099 | 515.3 | 482.9 | 461.1 | 508.3 |
| Total Assets | 35,512.5 | 31,324.7 | 29,524.4 | 27,333.1 | 25,121.0 | 24,355.5 | 21,709.4 | 18,694.3 | 17,792.3 | 15,606.0 | 6,138.8 | 5,107.3 | 3,846.8 | 4,299.6 | 4,222.9 | 3,417.2 | 3,160.9 | 2,590.4 | 1,935.3 | 1,348.1 | 602.8 | 512.5 | 477.2 | 525.3 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 30,822.6 | 407.6 | 258.5 | 186.8 | 130.7 | 121.6 | 129.0 | 108.6 | 89.5 | 59.1 | 39.6 | 40.5 | 25.5 | 26.3 | 29.8 | 26.4 | 20.9 | 18.5 | 9.1 | 9.8 | 7.2 | 8.4 | 7.5 | 0 |
| Short-Term Debt | 11,271.7 | 10,437.6 | 8,087.2 | 8,034.2 | 6,986.8 | 0 | 10,019.1 | 0 | 0 | 0 | 3,662.9 | 3,757.1 | 2,620.2 | 2,799.4 | 2,895.7 | 2,233.3 | 2,201.7 | 1,722.1 | 1,473.7 | 856 | 261.1 | 207.4 | 168.3 | 0 |
| Deferred Revenue | 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 Current Liabilities | (31,056.3) | 0 | 0 | 0 | 0 | 0 | 0 | (7,865.7) | (8,179.3) | (8,499.2) | 0 | 0 | 0 | 94.7 | 111.0 | 37.3 | 0 | 6.7 | 3.3 | 1.4 | 0 | 0.5 | 0 | (9.2) |
| Total Current Liabilities | 11,271.7 | 10,845.3 | 8,345.7 | 8,220.9 | 7,117.5 | 121.6 | 10,148.1 | 0 | 0 | 0 | 3,725.9 | 3,818.1 | 2,645.7 | 2,950 | 3,054 | 2,315 | 2,261 | 1,753 | 1,489 | 870 | 266.4 | 217 | 175.8 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 19,550.9 | 18,863.2 | 19,600.4 | 17,616.9 | 16,708.4 | 23,172.7 | 20,715.2 | 10,015.6 | 8,837.7 | 6,365.7 | 1,957.2 | 888.0 | 862.2 | 1,136.1 | 985.3 | 968.5 | 767.5 | 750.3 | 365.5 | 402.8 | 287.1 | 284.1 | 288.2 | 502.5 |
| Deferred Tax Liabilities | 142.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2,828.6 | 127.3 | 166.4 | 223.3 | 81.4 | 68.7 | (9,953.2) | 60.5 | 67.1 | 97.5 | 259.5 | 330.9 | 102.1 | (0.1) | (0.3) | 54.7 | (0.5) | (0.3) | (0.5) | 4.4 | 2.4 | 0.9 | 1 | 9.2 |
| Total Non-Current Liabilities | 22,521.9 | 18,990.5 | 19,766.8 | 17,840.2 | 16,789.8 | 23,241.4 | 10,762.0 | 10,015.6 | 8,837.7 | 6,463.1 | 2,216.7 | 1,273.9 | 964.3 | 1,136 | 985 | 1,023.1 | 767 | 750 | 365 | 407.2 | 289.5 | 284 | 288.2 | 511.7 |
| Total Liabilities | 33,793.5 | 29,835.7 | 28,112.5 | 26,061.2 | 23,907.3 | 23,363.0 | 20,910.1 | 17,941.8 | 17,084.1 | 14,962.4 | 5,818.3 | 4,950.7 | 3,610.0 | 4,086.4 | 4,039.3 | 3,282.8 | 3,028.2 | 2,503.3 | 1,854.4 | 1,273 | 555.6 | 500.8 | 465 | 511.7 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 10.9 | 10.9 | 10.8 | 10.8 | 10.8 | 10.7 | 10.7 | 10.7 | 10.6 | 10.5 | 10.1 | 10.1 | 11.8 | 12.1 | 11.6 | 11.6 | 11.2 | 10.9 | 10.8 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 1,047.3 | 943.2 | 823.7 | 698.5 | 588.6 | 509.6 | 457.0 | 393.4 | 322.7 | 275.7 | 28.1 | (52.1) | 103.1 | 79.8 | 54.8 | 33.5 | 17.2 | 6.8 | (0.1) | (5.9) | (9.3) | (10.1) | (9.5) | (8.1) |
| Accumulated Other Comprehensive Income | 13.4 | (12.1) | (40.1) | (50.8) | 3.9 | (13.9) | (16.2) | 25.0 | 51.1 | 33.8 | 3.3 | (47.4) | (0.9) | (2.3) | (0.4) | 8.4 | 31.5 | (1.7) | 0.2 | 1.2 | 0.3 | 0.1 | 0 | 0 |
| Total Stockholders' Equity | 1,718.9 | 1,489.0 | 1,411.9 | 1,272.0 | 1,213.7 | 992.5 | 799.3 | 752.6 | 708.1 | 643.4 | 196.2 | 15.3 | 236.9 | 213.3 | 183.6 | 134.4 | 132.7 | 87.1 | 80.9 | 75.1 | 47.2 | 11.7 | 12.2 | 13.6 |
| Total Liabilities & Equity | 35,370.2 | 31,324.7 | 29,524.4 | 27,333.1 | 25,121.0 | 24,355.5 | 21,709.4 | 18,694.3 | 17,792.3 | 15,606.0 | 6,138.8 | 5,107.3 | 3,846.8 | 4,299.6 | 4,222.9 | 3,417.2 | 3,160.9 | 2,590.4 | 1,935.3 | 1,348.1 | 602.8 | 512.5 | 477.2 | 525.3 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 30,822.6 | 29,300.8 | 27,687.6 | 25,651.1 | 23,695.2 | 23,172.7 | 30,734.2 | 17,772.7 | 16,927.6 | 14,805.8 | 5,620.1 | 4,645.1 | 3,482.4 | 3,935.5 | 3,881.1 | 3,201.7 | 2,969.2 | 2,472.4 | 1,839.2 | 1,258.8 | 546.3 | 491.5 | 456.5 | 502.5 |
| Net Debt | 29,891.5 | 28,293.0 | 26,804.0 | 24,790.1 | 22,786.4 | 22,138.8 | 30,129.9 | 17,347.4 | 16,625.5 | 14,540.6 | 4,965.3 | 4,366.7 | 3,051.9 | 3,311.8 | 3,157.3 | 2,763.9 | 2,431.3 | 2,136.1 | 1,298.6 | 1,081.2 | 477.4 | 483.2 | 456.3 | 501.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | 182.5 | 207.2 | 200.0 | 178.1 | 132.3 | 108.6 | 109.5 | 108.1 | 84.3 | 77.3 | 29.5 | 30.5 | 27.3 | 22.8 | 16.3 | 10.4 | 6.9 | 5.7 | 4.6 | 0.4 | (0.6) | (1.3) | (0.8) |
| Depreciation & Amortization | (21.5) | 0 | (17.0) | 0.7 | 219.2 | (219.2) | (176.5) | (1.1) | 1.7 | 1.8 | 69.6 | 34.5 | 35.6 | 48.7 | 81.7 | 127.9 | 92.2 | 71.8 | 49.9 | 14.3 | 14.5 | 8.6 | 11.8 |
| Stock-Based Compensation | 8.3 | 8.1 | 6.8 | 4.6 | 4.3 | 4.1 | 2.3 | 2.5 | 2.7 | 3.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (16.2) | 144.6 | 43.6 | (130.5) | 39.1 | (0.5) | (10.2) | (11.9) | (0.1) | 32.0 | (27.9) | (11.9) | (6.0) | (4.9) | 6.5 | (8.8) | (17.2) | (7.3) | (38.6) | (10.5) | (4.7) | 0.1 | 0.9 |
| Other Non-Cash Items | (73.0) | 252.8 | 135.7 | 743.9 | 43.5 | 14.8 | 54.4 | 99.8 | 83.2 | 90.0 | (80.1) | 33.1 | 12.0 | (20.6) | (15.2) | 4.7 | 3.4 | 1.8 | 0.9 | 0.4 | 0 | 0 | 0.3 |
| Operating Cash Flow | 80.1 | 612.6 | 375.8 | 809.3 | 436.4 | (94.5) | (19.7) | 200.0 | 175.0 | 208.6 | (7.0) | 87.6 | 68.6 | 43.1 | 89.3 | 134.3 | 85.3 | 72 | 16.8 | 4.6 | 9.2 | 7.4 | 12.2 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | 0 | (5.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.2) | (0.1) | 0 | 0 | 0 | (0.1) | 0 | 0 | 0 | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.2 | 0.1 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (7,199.2) | (4,035.3) | (6,030.1) | (7,750.2) | (6,387.0) | (4,927.4) | (4,857.5) | (4,692.2) | (3,938.2) | (4,333.4) | (2,453.3) | (824.4) | (1,258.2) | (379.7) | (854.3) | (719.9) | (1,489.7) | (900.4) | (638.5) | (51.6) | (78.9) | (642) | (252.8) |
| Sales/Maturities of Investments | 1,890.7 | 4,571.7 | 4,875.2 | 5,969.2 | 6,138.4 | 4,644.9 | 3,949.9 | 4,438.3 | 2,919.4 | 4,355.8 | 1,933.2 | 872.9 | 1,083.0 | 642.7 | 790.0 | 700.0 | 1,050.2 | 678.2 | 68.4 | 31.6 | 33.5 | 684.7 | 229.3 |
| Other Investing Activities | 1,495.7 | (2,213.5) | (800.5) | (1,261.9) | (847.6) | (1,453.6) | (1,477.0) | (345.3) | (829.5) | (615.8) | 133.0 | 164.7 | (18.3) | (684.7) | (276.7) | (285.2) | (395.9) | (0.1) | (26.2) | (2.5) | (54) | (0.1) | (0.1) |
| Investing Cash Flow | (3,812.8) | (1,682.5) | (1,955.4) | (3,043.0) | (1,096.2) | (1,736.1) | (2,384.6) | (599.2) | (1,848.3) | (593.4) | (387.2) | 213.2 | (193.4) | (421.7) | (379.2) | (305.0) | (835.4) | (222.3) | (596.3) | (22.5) | (99.4) | 42.6 | (23.6) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | 3,649.7 | 1,371.2 | 1,684.9 | 2,255.7 | 475.8 | 2,178.4 | 2,607.4 | 562.9 | 1,735.1 | (446.5) | 444.1 | (484.4) | 20.4 | 624.4 | 137.8 | 370.4 | 544.7 | 512.2 | 665.8 | 43.9 | 25.3 | (51) | 10.7 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | (60.2) | 0 | 0 | 0 | (9.3) | (16.9) | (6.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (89.0) | (86.1) | (74.8) | (68.2) | (61.3) | (50.6) | (43.9) | (37.9) | (28.4) | (24.1) | (6.8) | (3.4) | (2.2) | (1.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 97.1 | (5.4) | (3.0) | (1.8) | (1.3) | (0.6) | (1.8) | (2.6) | 3.1 | (76.1) | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.1) | 0 | 0.1 | 0.1 | 0 | 0 |
| Financing Cash Flow | 3,639.8 | 1,205.1 | 1,607.3 | 2,185.9 | 534.6 | 2,260.2 | 2,583.4 | 522.4 | 1,710.1 | (560.0) | 422.5 | (494.0) | 24.7 | 664.6 | 146.4 | 372.3 | 545.8 | 513.2 | 688.2 | 78.5 | 25.4 | (51) | 10.7 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | (92.9) | 135.3 | 27.7 | (47.8) | (125.2) | 429.6 | 179.1 | 123.2 | 36.8 | (944.9) | 28.3 | (193.2) | (100.1) | 286.0 | (100.0) | 201.6 | (204.3) | 363 | 108.7 | 60.6 | (64.8) | (51) | 10.7 |
| Cash at Beginning | 1,024.0 | 888.7 | 861.0 | 908.8 | 1,033.9 | 604.4 | 425.3 | 302.0 | 265.2 | 1,210.1 | 430.5 | 623.7 | 723.8 | 437.8 | 537.9 | 336.3 | 540.6 | 177.6 | 68.9 | 8.3 | 73.1 | 1.1 | 1.8 |
| Cash at End | 931.1 | 1,024.0 | 888.7 | 861.0 | 908.8 | 1,033.9 | 604.4 | 425.3 | 302.0 | 265.2 | 458.9 | 430.5 | 623.7 | 723.8 | 437.8 | 537.9 | 336.3 | 540.6 | 177.6 | 68.9 | 8.3 | (49.9) | 12.5 |
| Free Cash Flow | 80.1 | 607.4 | 375.8 | 809.3 | 436.4 | (94.5) | (19.7) | 200.0 | 175.0 | 208.6 | (7.0) | 87.6 | 68.5 | 42.9 | 89.2 | 134.3 | 85.3 | 72 | 16.7 | 4.6 | 9.2 | 7.4 | 12.2 |
| 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 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 1,318.3 | 1,624.8 | 1,416.1 | 755.0 | 447.7 | 519.8 | 666.0 | 556.0 | 418.0 | 332.4 | 285.0 | 274.4 | 299.7 | 268.4 | 227.3 | 243.7 | 279.2 | 147.1 | 284.5 | 277.0 | 225.8 | 174.4 | 185.6 | 185.4 | 195.8 | 207.5 | 148.0 | 108.9 | 85.4 | 40.2 | 37.7 | 32.9 | 33.8 |
| Gross Profit | 388.6 | 363.7 | 350.2 | 308.3 | 245.9 | 198.8 | 190.6 | 185.8 | 173.4 | 159.7 | 145.7 | 106.8 | 162.0 | 123.8 | 76.3 | 99.1 | 185.8 | (34.4) | 31.0 | 67.8 | 83.9 | 77.3 | 54.8 | 51.3 | 42.0 | 25.0 | 18.9 | 15.9 | 12.4 | 5.5 | 3 | 2.6 | 3 |
| Operating Income | 255.7 | 258.1 | 253.1 | 225.7 | 172.5 | 137.4 | 138.7 | 136.0 | 130.7 | 119.4 | 108.1 | 73.1 | 131.3 | 91.1 | 44.6 | 66.5 | 152.1 | (173.2) | 4.3 | 44.7 | 72.4 | 61.0 | 39.6 | 32.6 | 25.4 | 16.2 | 10.6 | 6.5 | 4.7 | 0 | 0 | 0 | 0 |
| Net Income | 207.4 | 207.2 | 200.0 | 178.1 | 136.1 | 108.6 | 109.5 | 108.1 | 84.5 | 77.3 | 68.7 | 48.1 | 75.3 | 46.8 | 16.7 | 32.0 | 99.6 | (150.4) | 6.7 | 32.0 | 49.3 | 41.2 | 27.3 | 22.8 | 16.3 | 10.4 | 6.9 | 5.7 | 4.6 | 0.8 | (0.6) | (1.3) | (0.7) |
| EPS (Diluted) | 16.62 | 16.44 | 15.80 | 13.87 | 10.27 | 8.27 | 8.69 | 8.83 | 6.60 | 5.97 | 4.19 | 3.37 | 6.41 | 3.98 | 1.28 | 2.08 | 8.04 | -15.40 | 0.42 | 2.68 | 4.09 | 3.20 | 2.08 | -1.98 | 1.38 | 0.92 | 0.62 | 0.52 | 0.46 | 0.14 | -0.09 | -0.18 | -0.29 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 931.1 | 1,007.8 | 883.6 | 861.0 | 908.8 | 1,033.9 | 604.4 | 425.3 | 302.0 | 265.2 | 654.8 | 278.4 | 430.5 | 623.7 | 723.8 | 437.8 | 537.9 | 336.3 | 540.6 | 177.6 | 68.9 | 8.3 | 0.2 | 1.1 | |||||||||
| Total Assets | 35,512.5 | 31,324.7 | 29,524.4 | 27,333.1 | 25,121.0 | 24,355.5 | 21,709.4 | 18,694.3 | 17,792.3 | 15,606.0 | 6,138.8 | 5,107.3 | 3,846.8 | 4,299.6 | 4,222.9 | 3,417.2 | 3,160.9 | 2,590.4 | 1,935.3 | 1,348.1 | 602.8 | 512.5 | 477.2 | 525.3 | |||||||||
| Total Debt | 30,822.6 | 29,300.8 | 27,687.6 | 25,651.1 | 23,695.2 | 23,172.7 | 30,734.2 | 17,772.7 | 16,927.6 | 14,805.8 | 5,620.1 | 4,645.1 | 3,482.4 | 3,935.5 | 3,881.1 | 3,201.7 | 2,969.2 | 2,472.4 | 1,839.2 | 1,258.8 | 546.3 | 491.5 | 456.5 | 502.5 | |||||||||
| Stockholders' Equity | 1,718.9 | 1,489.0 | 1,411.9 | 1,272.0 | 1,213.7 | 992.5 | 799.3 | 752.6 | 708.1 | 643.4 | 196.2 | 15.3 | 236.9 | 213.3 | 183.6 | 134.4 | 132.7 | 87.1 | 80.9 | 75.1 | 47.2 | 11.7 | 12.2 | 13.6 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 80.1 | 612.6 | 375.8 | 809.3 | 436.4 | (94.5) | (19.7) | 200.0 | 175.0 | 208.6 | (7.0) | 87.6 | 68.6 | 43.1 | 89.3 | 134.3 | 85.3 | 72 | 16.8 | 4.6 | 9.2 | 7.4 | 12.2 | ||||||||||
| Capital Expenditure | 0 | (5.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.2) | (0.1) | 0 | 0 | 0 | (0.1) | 0 | 0 | 0 | 0 | ||||||||||
| Free Cash Flow | 80.1 | 607.4 | 375.8 | 809.3 | 436.4 | (94.5) | (19.7) | 200.0 | 175.0 | 208.6 | (7.0) | 87.6 | 68.5 | 42.9 | 89.2 | 134.3 | 85.3 | 72 | 16.7 | 4.6 | 9.2 | 7.4 | 12.2 | ||||||||||