Alerus Financial Corporation logo ALRS - Alerus Financial Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
1
BUY 0
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $28.75 DETAILS
HIGH: $29.00
LOW: $28.50
MEDIAN: $28.75
CONSENSUS: $28.75
UPSIDE: 2.50%
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 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3
Revenue
Revenue 97.8 32.3 99.0 101.2 95.3 96.7 79.9 79.9 73.9 45.0 69.8 65.9 62.6 60.7 58.9 53.2 51.8 57.4 57.4 58.1 62.9 62.3 68.1 60.4 49.2 51.6 52.5 52.7 47.9 48.8 48.0 47.9 44.2 45.5 45.5 45.0 40.9 42.5 39.7 40.8 38.0 34.3 35.6 37.1 33.2 33.0 34.8 31.3 28.2 31.6 31.6 31.8 31.8 39.1 31.6
Cost of Revenue 17.2 24.9 27.5 27.4 27.9 41.0 31.3 33.5 26.8 24.6 21.6 18.1 14.7 8.8 4.0 1.6 1.4 (0.1) (0.6) 1.4 1.3 3.4 6.0 6.9 6.8 6.2 6.4 7.0 6.4 5.5 4.8 6.9 3.8 3.5 3.5 2.5 1.7 1.6 2.7 2.7 2.9 3.1 1.5 1.5 1.5 0.4 0.9 0 0 1.9 0 0 0 0 0
Gross Profit 80.6 7.4 71.5 73.9 67.4 55.7 48.6 46.4 47.1 20.3 48.1 47.8 47.9 51.9 54.9 51.5 50.5 57.5 57.9 56.7 61.6 58.9 62.1 53.5 42.4 45.3 46.0 45.7 41.5 43.3 43.2 41.0 40.4 42.0 42.0 42.5 39.1 40.9 37.0 38.1 35.1 31.1 34.1 35.6 31.7 32.6 33.9 31.3 28.2 29.7 31.6 31.8 31.8 39.1 31.6
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 34.2 26.2 26.1 25.1 23.9 27.7 21.8 20.9 20.0 20.2 19.8 19.5 19.8 20.1 22.1 22.1 19.7 23.0 24.2 25.1 24.4 27.6 23.7 21.8 19.3 5.0 20.9 18.9 17.2 25.1 23.0 21.8 22.3 22.7 24.3 23.0 21.5 24.8 24.9 24.7 22.7 19.6 22.3 20.6 18.8 18.9 18.1 17.0 16.4 14.2 18.1 17.5 17.9 20.1 18.1
Other Expenses 16.2 24.5 23.5 22.4 25.9 28.2 19.9 17.4 18.6 17.9 16.8 16.6 17.5 17.2 20.3 17.4 17.7 17.8 16.7 16.3 17.3 18.0 15.1 16.6 16.2 30.6 15.6 15.6 15.8 10.3 10.9 12.0 9.5 10.2 10.4 10.2 10.4 7.9 8.4 9.0 7.8 7.7 6.7 6.4 6.6 7.3 5.8 0 0 9.5 0 0 0 0 0
Operating Expenses 50.4 50.7 49.5 47.5 49.8 55.9 41.8 38.3 38.6 38.2 36.6 36.2 37.4 37.3 42.4 39.5 37.4 40.8 40.8 41.4 41.7 45.6 38.8 38.4 35.6 35.5 36.6 34.5 33.1 35.4 33.9 33.8 31.8 32.9 34.7 33.1 32.0 32.7 33.2 33.7 30.4 27.3 29.0 27.1 25.4 26.2 23.9 24.5 21.7 23.7 23.6 22.5 23.1 31.3 24.3
Operating Income
Operating Income 30.2 (43.4) 22.0 26.4 17.6 (0.3) 6.8 8.1 8.5 (17.8) 11.5 11.6 10.5 14.5 12.6 12.0 13.1 16.7 17.1 15.3 19.9 13.3 23.3 15.1 6.8 9.8 9.4 11.2 8.5 8.0 9.3 7.2 8.6 9.1 7.3 9.3 7.2 8.2 3.8 4.5 4.7 3.9 5.1 8.5 6.3 6.4 10.0 14.4 11.8 6.0 13.4 9.3 8.6 7.8 7.4
Interest Expense 22.1 25.2 27.5 27.4 27.0 29.0 29.7 29.0 26.8 23.1 21.6 18.1 14.2 8.8 4.0 1.6 1.4 1.4 1.4 1.4 1.3 2.0 2.5 3.4 4.3 4.4 4.9 5.2 4.2 4.0 3.3 2.9 2.3 2.1 2.2 1.9 1.7 1.6 1.7 1.7 1.9 1.0 0.9 0.8 0.8 0.8 0.9 0 0 0.9 0 0 0 0 0
Interest Income 67.0 70.4 70.6 70.4 68.2 67.3 52.2 53.0 49.0 44.7 42.0 40.3 37.8 35.8 32.3 24.4 23.1 24.2 22.5 22.6 23.3 25.2 24.3 23.5 23.1 22.9 23.6 23.5 23.3 23.2 22.2 21.8 20.5 20.0 20.0 18.5 17.2 17.7 17.7 18.1 16.5 14.1 14.3 14.1 13.9 14.3 15.0 0 0 12.7 0 0 0 0 0
Profitability
EBITDA 30.2 (38.8) 27.2 30.1 21.4 8.1 9.0 10.3 10.6 (17.4) 11.7 15.4 12.6 16.7 14.7 13.9 15.1 18.9 19.3 17.5 22.2 15.6 25.6 17.3 9.0 12.0 11.7 13.4 10.5 10.1 10.5 8.4 9.8 11.4 9.8 12.0 9.6 12.4 7.0 7.0 7.3 8.1 6.9 9.0 8.5 9.5 10.9 (0.9) (0.9) 6.9 18.9 0 0 (0.3) 7.4
EBIT 30.2 (43.4) 22.0 26.4 17.6 (0.3) 6.8 8.1 8.5 (17.8) 11.5 11.6 10.5 14.5 12.6 12.0 13.1 16.7 17.1 15.3 19.9 13.3 23.3 15.1 6.8 9.8 9.4 11.2 8.5 8.0 9.3 7.2 8.6 9.1 7.3 9.3 7.2 8.2 3.8 4.5 4.7 3.9 5.1 8.5 6.3 6.4 10.0 28.8 23.6 6.0 26.9 0 0 0 0
Income Before Tax 30.2 (43.4) 22.0 26.4 17.6 (0.3) 6.8 8.1 8.5 (17.8) 11.5 11.6 10.5 14.5 12.6 12.0 13.1 16.7 17.1 15.3 19.9 13.3 23.3 15.1 6.8 9.8 9.4 11.2 8.5 8.0 9.3 7.2 8.6 9.1 7.3 9.3 7.2 8.2 3.8 4.5 4.7 3.9 5.1 8.5 6.3 6.4 10.0 6.8 6.5 6.0 8.0 9.3 8.6 7.8 7.4
Income Tax Expense 7.3 (10.3) 5.1 6.1 4.2 (0.2) 1.6 1.9 2.1 (3.1) 2.4 2.5 2.3 3.6 2.9 2.7 2.9 4.0 4.1 3.6 4.7 3.1 5.6 3.6 1.4 2.1 2.3 2.9 2.0 1.9 2.0 1.6 1.7 8.1 2.4 4.8 2.2 2.6 1.2 1.5 1.5 1.1 0.8 3.1 2.2 0.9 3.9 2.4 2.4 2.1 2.8 3.6 3.2 3.1 2.6
Net Income 23.0 (33.1) 16.9 20.3 13.3 (0.1) 5.2 6.2 6.4 (14.8) 9.2 9.1 8.2 10.9 9.6 9.3 10.2 12.7 13.1 11.7 15.2 10.2 17.7 11.5 5.4 7.7 7.1 8.3 6.4 6.0 7.4 5.6 6.9 1.0 4.9 4.6 5.0 5.6 2.6 2.9 3.2 2.7 4.3 5.4 4.0 5.5 6.2 4.4 4.0 3.9 5.2 5.7 5.4 4.4 4.7
Per Share Data
EPS (Basic) 0.90 -1.28 0.66 0.79 0.52 0.13 0.26 0.31 0.32 -0.74 0.46 0.45 0.41 0.54 0.48 0.53 0.58 0.73 0.75 0.67 0.87 0.58 1.01 0.66 0.31 0.44 0.49 0.60 0.47 0.44 0.53 0.41 0.50 0.07 0.36 0.33 0.36 0.41 0.19 0.22 0.24 0.19 0.31 0.38 0.29 0.39 0.44 0.32 0.29 0.28 0.38 0.41 0.40 0.32 0.35
EPS (Diluted) 0.90 -1.28 0.65 0.78 0.52 0.13 0.26 0.31 0.32 -0.73 0.45 0.45 0.40 0.53 0.47 0.52 0.57 0.72 0.74 0.66 0.86 0.57 0.99 0.65 0.30 0.43 0.48 0.59 0.46 0.43 0.52 0.40 0.49 0.07 0.35 0.33 0.35 0.40 0.18 0.21 0.23 0.19 0.31 0.38 0.29 0.39 0.44 0.32 0.29 0.28 0.38 0.41 0.40 0.32 0.35
Shares Outstanding 25.4 25.4 25.4 25.4 25.4 24.9 19.8 19.8 19.7 19.8 19.9 20.0 20.0 20.0 20.0 17.3 17.2 17.2 17.2 17.2 17.1 17.1 17.1 17.1 17.1 17.0 14.3 13.8 13.8 13.8 13.8 13.8 13.7 13.7 13.7 13.7 13.6 13.6 13.5 13.5 13.5 14.0 13.9 13.9 13.9 13.9 13.9 13.9 13.9 13.8 13.8 13.8 13.7 13.6 13.6
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
Current Assets
Cash & Cash Equivalents 128.8 67.2 92.0 80.9 83.0 61.2 66.0 438.1 545.8 129.9 64.7 65.5 145.2 58.2 54.2 37.0 132.8 242.3 159.5 315.4 190.2 173.0 95.8 210.4 198.5 144.0 61.2 44.9 44.8 40.7 35.8 39.6 27.2 122.0 33.4 42.1 156.8 207.4 67.5 71.5 214.2
Short-Term Investments 0 1.8 532.4 542.8 570.8 591.4 468.7 459.3 472.3 486.7 640.0 677.5 705.8 717.3 729.1 798.8 866.3 853.6 655.3 651.5 795.1 592.3 495.4 393.7 354.1 310.4 278.7 256.3 258.8 250.2 244.5 248.6 257.5 267.0 283.9 296.5 273.5 277.0 268.5 269.3 291.3
Net Receivables 20.5 21.7 21.6 20.9 20.5 56.3 16.5 16.9 16.1 57.3 15.6 13.6 13.0 48.1 11.3 9.2 8.5 32.3 8.8 8.5 9.3 23.8 9.2 8.0 7.4 20.8 7.4 0 0 21.7 0 0 0 26.6 0 0 0 24.5 0 0 0
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 (1.8) 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
Total Current Assets 149.3 88.9 646.1 644.6 674.3 716.7 551.2 914.4 1,034.2 679.7 720.3 756.5 864.0 830.4 794.5 845.0 1,007.7 1,133.6 823.6 975.4 994.6 793.9 600.4 612.1 560.1 480.3 347.3 301.2 303.7 317.7 280.3 288.3 284.7 422.1 317.3 338.6 430.3 511.7 336.0 340.8 505.5
Non-Current Assets
Property, Plant & Equipment 76.6 72.0 74.3 55.2 53.7 53.2 28.1 22.2 23.3 23.4 23.2 23.9 22.8 22.7 20.5 20.6 21.0 22.1 22.2 23.1 25.9 27.2 28.7 29.5 28.3 29.0 30.0 31.3 31.8 21.7 21.2 21.6 20.9 21.2 22.4 22.8 23.4 24.3 24.8 25.8 26.1
Goodwill 85.6 85.6 85.6 85.6 85.6 85.6 46.8 46.8 46.8 46.8 46.8 47.1 47.1 47.1 46.1 31.3 31.5 31.5 30.2 30.2 30.2 30.2 27.3 27.3 27.3 27.3 27.3 27.3 27.3 27.3 27.3 27.3 27.3 27.3 27.3 27.3 27.3 27.3 27.7 27.7 27.1
Intangible Assets 31.4 33.4 42.5 45.6 48.5 51.8 15.1 16.5 17.8 19.2 20.7 22.2 23.6 25.1 26.6 19.6 21.0 22.1 24.4 25.6 26.7 27.9 18 19.3 20.7 22.2 23.5 20.4 21.4 27.1 23.5 24.7 25.9 31.8 28.3 29.7 31.2 37.5 32.6 34.3 36.8
Long-Term Investments 4,778.0 4,820.0 4,315.5 4,316.0 4,302.0 4,231.3 3,285.9 3,202.2 3,065.4 3,043.7 2,889.8 2,827.1 2,782.1 2,750.6 2,639.8 2,245.0 2,148.3 2,128.4 2,191.8 2,014.7 1,982.3 2,081.4 2,138.4 2,108.7 1,803.5 1,748.6 1,731.8 1,736.8 1,747.3 1,729.4 1,731.3 1,721.7 1,644.0 1,581.7 1,572.8 1,525.8 1,403.7 1,386.9 1,411.2 1,412.5 1,360.1
Other Non-Current Assets 146.2 (4,783.7) 128.1 135.2 130.3 70.2 124.6 120.9 115.8 60.4 120.5 112.5 105.7 61.4 117.9 100.8 83.2 43.4 71.4 76.7 78.4 43.8 77.4 69.7 66.0 41.5 60.6 82.5 73.4 45.6 76.5 81.5 76.1 42.8 82.0 79.8 69.7 43.4 91.1 80.2 79.7
Total Non-Current Assets 5,138.7 250.4 4,684.5 4,679.2 4,665.4 4,545.0 3,533.5 3,444.3 3,303.9 3,228.0 3,148.9 3,076.5 3,022.8 2,949.2 2,896.7 2,450.1 2,328.5 2,259.1 2,351.6 2,181.8 2,157.2 2,219.9 2,298.4 2,263.3 1,952.0 1,876.5 1,881.0 1,906.0 1,910.1 1,861.3 1,892.5 1,888.6 1,804.9 1,714.0 1,747.9 1,700.8 1,574.2 1,538.9 1,602.2 1,593.2 1,542.8
Total Assets 5,288.0 5,230.1 5,330.6 5,323.8 5,339.6 5,261.7 4,084.6 4,358.6 4,338.1 3,907.7 3,869.1 3,833.0 3,886.8 3,779.6 3,691.3 3,295.1 3,336.2 3,392.7 3,175.2 3,157.2 3,151.8 3,013.8 2,898.8 2,875.5 2,512.1 2,356.9 2,228.3 2,207.1 2,213.8 2,179.1 2,172.8 2,176.9 2,089.6 2,137.1 2,065.2 2,039.4 2,004.5 2,050.6 1,938.2 1,934.0 2,048.2
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (11.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Short-Term Debt 200 308.8 200 314.6 200 239.0 244.7 200 200 314.2 515.5 492.1 372.1 378.1 253.8 242.3 0 0 0 0 0 0 0 0 0 0 0 141.4 12.1 93.5 73.9 112.3 0 30 194.4 131.6 0 0.7 1.0 2.6 8.2
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 0 4,412.7 4,337.5 4,485.3 4,378.4 3,323.6 3,298.6 3,285.0 3,095.6 2,872.2 2,852.9 3,032.0 2,915.5 2,961.8 2,619.6 2,892.3 2,920.6 2,713.1 2,710.9 2,717.6 2,572.0 2,462.4 2,453.2 2,121.5 1,971.3 1,833.1 1,753.4 1,902.5 1,775.1 1,817.7 1,788.5 1,820.0 1,835.0 1,599.9 1,641.4 1,743.1 1,785.2 1,680.3 1,675.8 1,766.1
Total Current Liabilities 200 308.8 4,612.7 4,652.1 4,685.3 4,617.4 3,568.2 3,498.6 3,485.0 3,409.8 3,454.5 3,409.6 3,463.2 3,358.0 3,283.8 2,925.2 2,944.9 2,970.1 2,758.6 2,749.0 2,756.4 2,617.0 2,509.4 2,501.7 2,151.2 2,003.5 1,878.7 1,934.6 1,951.0 1,899.1 1,922.9 1,931.7 1,847.7 1,897.7 1,824.3 1,802.0 1,772.5 1,823.0 1,681.3 1,678.5 1,774.3
Non-Current Liabilities
Long-Term Debt 59.2 95.5 59.2 59.1 59.1 59.1 59.0 414.0 414.0 59.0 58.9 58.9 58.9 58.8 58.8 58.8 58.8 58.7 58.7 58.7 58.6 58.3 58.3 58.2 58.2 58.1 58.1 58.8 58.8 58.0 58.8 58.8 58.8 57.8 58.8 58.8 58.8 57.6 58.5 58.5 78.5
Deferred Tax Liabilities 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 Non-Current Liabilities 4,411.5 3,310.0 71.2 61.5 62.5 70.8 61.2 67.6 62.1 64.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24.2 0 0 0 0 0 0 0 0 28.6 28.5 29.6
Total Non-Current Liabilities 4,513.3 3,441.7 167.2 138.6 140.1 148.9 129.9 486.8 481.5 128.8 65.2 65.6 64.4 64.7 62.6 62.7 62.8 63.2 63.4 63.9 66.2 66.6 67.4 68.0 67.2 67.6 68.2 58.8 58.8 83.0 58.8 58.8 58.8 58.8 58.8 58.8 58.8 58.8 87.1 87.0 108.0
Total Liabilities 4,713.3 4,665.1 4,779.9 4,790.7 4,825.4 4,766.3 3,698.2 3,985.4 3,966.5 3,538.6 3,519.7 3,475.3 3,527.7 3,422.8 3,346.4 2,987.9 3,007.7 3,033.3 2,822.0 2,812.8 2,822.5 2,683.6 2,576.8 2,569.7 2,218.5 2,071.2 1,946.9 1,993.4 2,009.8 1,982.1 1,981.7 1,990.5 1,906.5 1,956.5 1,883.1 1,860.8 1,831.3 1,881.8 1,768.4 1,765.4 1,882.3
Stockholders' Equity
Common Stock 25.2 25.4 25.4 25.4 25.4 25.3 19.8 19.8 19.8 19.7 19.8 19.9 20.1 20.0 20.0 17.3 17.3 17.2 17.2 17.2 17.2 17.1 17.1 17.1 17.1 17.1 17.0 42.5 41.8 13.8 40.7 40.4 39.9 13.7 39.6 39.3 37.5 13.5 37.7 37.0 36.6
Retained Earnings 287.7 270.1 308.5 296.9 282.0 273.7 278.9 277.6 275.4 272.7 291.2 285.8 280.5 280.4 273.1 267.1 261.0 253.6 243.6 233.4 224.5 212.2 204.6 189.5 180.7 178.1 173.0 169.8 163.4 159.0 156.0 150.5 146.8 142.0 142.6 139.3 136.4 133.3 129.5 128.4 127.0
Accumulated Other Comprehensive Income (4.2) (2.2) (54.3) (59.8) (63.3) (73.4) (63.4) (75.0) (74.3) (73.7) (113.5) (100.7) (96.3) (98.6) (102.9) (70.4) (42.3) (4.3) 0.6 2.5 (3.0) 10.6 10.5 9.8 7.1 1.9 3.1 1.5 (1.3) (3.6) (5.6) (4.6) (3.7) (1.1) 0.0 (0.1) (0.7) (1.9) 2.6 3.1 2.3
Total Stockholders' Equity 574.7 564.9 550.7 533.2 514.2 495.4 386.5 373.2 371.6 369.1 349.4 357.7 359.1 356.9 344.8 307.2 328.5 359.4 353.2 344.4 329.2 330.2 322.0 305.7 293.6 285.7 281.4 213.8 203.9 197.0 191.1 186.3 183.1 180.6 182.1 178.6 173.1 168.8 169.8 168.5 165.9
Total Liabilities & Equity 5,288.0 5,230.1 5,330.6 5,323.8 5,339.6 5,261.7 4,084.6 4,358.6 4,338.1 3,907.7 3,869.1 3,833.0 3,886.8 3,779.6 3,691.3 3,295.1 3,336.2 3,392.7 3,175.2 3,157.2 3,151.8 3,013.8 2,898.8 2,875.5 2,512.1 2,356.9 2,228.3 2,207.1 2,213.8 2,179.1 2,172.8 2,176.9 2,089.6 2,137.1 2,065.2 2,039.4 2,004.5 2,050.6 1,938.2 1,934.0 2,048.2
Debt Metrics
Total Debt 301.8 440.5 296.1 391.7 277.6 317.0 313.4 619.2 619.4 378.9 580.7 557.7 436.6 442.8 316.5 305.1 62.8 63.2 63.4 63.9 66.2 66.6 67.4 68.0 67.2 67.6 68.2 200.3 70.9 152.3 132.8 171.1 58.8 88.8 253.2 190.4 58.8 59.5 59.5 61.1 86.7
Net Debt 173.0 373.4 204.0 310.8 194.6 255.8 247.4 181.1 73.6 249.0 516.0 492.2 291.4 384.6 262.3 268.0 (70.1) (179.1) (96.1) (251.6) (124.1) (106.4) (28.3) (142.4) (131.2) (76.4) 7.0 155.3 26.0 111.6 96.9 131.4 31.6 (33.2) 219.8 148.4 (98.0) (147.8) (8.1) (10.3) (127.5)
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 23.0 (33.1) 16.9 20.3 13.3 (0.1) 5.2 6.2 6.4 (14.8) 9.2 9.1 8.2 10.9 9.6 9.3 10.2 12.7 13.1 11.7 15.2 10.2 17.7 11.5 5.4 7.7 7.1 8.3 6.4 6.0 7.4 5.6 6.9 0.5 4.9 4.6 5.0 5.6 2.6 2.9 2.9
Depreciation & Amortization 0 4.5 4.5 3.8 3.8 8.4 2.2 2.2 2.1 0.4 0.2 3.7 2.1 2.2 2.1 1.9 2.1 2.1 2.2 2.2 2.3 2.3 2.3 2.2 2.2 2.3 2.3 2.2 2.1 2.1 2.3 0 0 2.3 2.5 2.6 2.4 4.2 3.2 2.6 2.6
Stock-Based Compensation 0 0.7 0.8 0.6 0.6 0.4 0.5 0.1 0.6 (2.3) 0.4 0.7 0.2 0.5 0.4 0.7 0.4 1.3 0.5 0.8 0.5 0.6 0.5 0.6 0.2 0.4 0.3 0.6 0.3 0.9 0.2 0.7 0 0 0 0 0 0 0 0 0
Change in Working Capital 4.2 (13.3) 12.9 1.1 (14.0) (2.8) (15.1) 3.8 2.5 (16.2) (0.0) 3.7 (6.4) 32.6 (2.7) 3.0 (3.5) 20.7 29.4 21.7 51.2 (2.9) 0.6 0.4 (27.0) 4.9 12.1 (14.2) (12.8) 22.4 13.3 0 0 18.3 1.4 (12.2) 0.4 38.4 (22.7) (1.9) (10.2)
Other Non-Cash Items 0.6 59.6 (3.4) (17.7) (0.4) 5.6 27.3 (22.8) 0.1 31.3 3.1 (2.2) (7.9) (0.1) 29.8 (32.5) 25.3 (7.1) (12.3) (7.2) (14.6) (11.8) (18.1) (12.7) (1.8) 1.9 (6.9) (8.2) 2.1 (7.1) 1.0 (6.3) (6.9) 2.4 4.3 7.3 1.1 0.9 4.1 1.6 0.2
Operating Cash Flow 27.8 16.3 32.8 10.7 7.7 9.5 18.9 (11.2) 11.7 (1.6) 12.8 14.4 (2.4) 48.2 37.0 (17.6) 35.3 31.4 33.4 29.5 54.8 (2.4) 2.9 (1.5) (21.2) 17.3 14.3 (11.0) (1.4) 26.2 24.1 0.7 0 23.5 13.1 2.4 8.9 49.2 (12.8) 5.2 (4.6)
Investing Activities
Capital Expenditure (2.0) (1.0) 5.2 (3.1) (2.1) (5.0) (2.8) (3.7) (0.9) (1.4) (0.4) (0.2) (0.9) (0.7) (0.6) (0.3) (0.1) (0.9) (0.4) (0.2) (0.3) (1.1) (0.8) (1.3) (0.7) (0.5) (0.5) (0.6) (1.4) (1.4) (0.5) 0 0 (1.0) (0.4) (0.5) (1.1) 3.7 (0.3) (0.5) (0.6)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.1) 0 0 0 0 0 0 0 (9.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.5 0 0 (45.4)
Purchases of Investments 0 (377.9) (0.5) (0.6) (3.1) (98.9) (1.0) (0.2) (10.0) 0 0 0 0 1.4 (1.4) 0.0 (95.6) (239.7) (258.9) (29.3) (262.1) (128.9) (151.8) (83.9) (50.1) (42.8) (43.0) (19.6) (17.9) (19.1) 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 400.2 7.0 38.0 44.6 156.5 18.2 18.7 23.6 193.1 22.9 23.3 23.8 21.4 32.0 37.6 43.0 44.2 35.4 32.9 40.5 31.5 52.1 48.8 15.8 9.2 19.8 25.8 15.3 12.6 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (1.6) 54.7 11.8 (8.4) (88.1) (152.5) (116.2) (121.0) (34.8) (141.4) (73.9) (51.3) (40.2) (140.3) (46.3) (82.2) (60.3) 43.4 35.2 101.5 41.5 80.5 (23.6) (279.0) (36.5) (36.0) 28.8 7.8 (10.1) (12.5) (16.4) 0 0 (2.4) (41.0) (144.9) (13.8) 325.6 4.5 (30.4) 18.7
Investing Cash Flow (1.6) 76.0 23.5 25.8 (48.7) (99.9) (101.7) (106.3) (22.1) 50.3 (51.4) (28.1) (17.3) (118.4) (16.3) (44.9) (113.0) (153.0) (188.6) 105.0 (180.4) (27.2) (124.1) (315.5) (71.6) (70.0) 5.1 13.4 (14.1) (20.4) (16.8) 0 0 (3.5) (41.4) (145.4) (14.8) 330.8 4.2 (30.9) (27.4)
Financing Activities
Net Debt Issuance (108.8) 108.8 (114.6) 114.6 (39.0) (7.3) (310.3) 0 240.8 (201.3) 23.4 119.9 (5.9) 124.2 11.4 242.3 (0.1) (0.1) (0.1) (0.1) 0.3 (0.1) (0.1) (0.1) (0.1) (0.0) (141.5) 129.3 (81.5) 19.5 (0.0) 0 0 (164.6) 62.8 131.6 (0.7) (20.6) 1.7 (25.2) (4.2)
Stock Repurchased (6.5) (0.2) (0.3) (0.0) (0.1) (0.0) (0.1) (0.0) (0.2) (2.1) (1.2) (3.0) (0.4) (0.0) 0 (0.1) (0.6) (0.2) (0.1) 0 (0.4) (0.1) (0.0) 0 (0.3) (0.0) (1.8) (0.0) (0.1) (0.1) (0.0) 0 0 (0.1) (0.0) 0 (0.2) (0.3) 0 0 (0.1)
Dividends Paid (5.1) (5.1) (5.3) (5.3) (5.1) (4.0) (4.0) (3.8) (3.8) (3.6) (3.6) (3.8) (3.6) (3.6) (3.6) (2.8) (2.8) (2.8) (2.8) (2.6) (2.6) (2.6) (2.6) (2.6) (2.6) (2.6) (2.4) (2.0) (2.0) (2.0) (1.8) 0 0 (1.8) (1.7) (1.7) (1.5) (1.5) (1.5) (1.5) (1.6)
Other Financing Activities 155.9 (220.7) 75.2 (147.8) 106.9 97.0 25.0 13.6 189.4 223.4 19.3 (179.1) 116.5 (46.3) (11.4) (272.7) (28.3) 207.5 2.1 (6.6) 145.6 109.6 9.2 331.6 150.2 138.2 79.7 (129.7) 103.2 (18.4) (9.2) 0 0 235.0 (41.5) (101.7) (42.1) (217.8) 4.5 (90.3) 5.9
Financing Cash Flow 35.5 (117.1) (45.1) (38.6) 62.7 85.7 (289.4) 9.8 426.3 16.5 37.9 (66.0) 106.6 74.2 (3.6) (33.3) (31.7) 204.4 (0.8) (9.3) 142.8 106.9 6.5 329.0 147.2 135.6 (3.2) (2.4) 19.7 (1.0) (11.1) 0 0 68.6 19.6 28.3 (44.6) (240.1) 4.7 (117.0) (20.0)
Cash Position
Net Change in Cash 61.6 (24.9) 11.1 (2.1) 21.7 (4.7) (372.2) (107.6) 415.9 65.2 (0.7) (79.7) 86.9 4.1 17.1 (95.8) (109.5) 82.9 (156.0) 125.2 17.3 77.2 (114.7) 11.9 54.5 82.8 16.3 0.1 4.2 4.8 35.8 0.7 0 88.6 (8.7) (114.8) (50.5) 139.8 (3.9) (142.7) (52.0)
Cash at Beginning 67.2 92.0 80.9 83.0 61.2 66.0 438.1 545.8 129.9 64.7 65.5 145.2 58.2 54.2 37.0 132.8 242.3 159.5 315.4 190.2 173.0 95.8 210.4 198.5 144.0 61.2 44.9 44.8 40.7 35.8 0 0 122.0 33.4 42.1 156.8 207.4 67.5 71.5 214.2 266.2
Cash at End 128.8 67.2 92.0 80.9 83.0 61.2 66.0 438.1 545.8 129.9 64.7 65.5 145.2 58.2 54.2 37.0 132.8 242.3 159.5 315.4 190.2 173.0 95.8 210.4 198.5 144.0 61.2 44.9 44.8 40.7 35.8 0.7 122.0 122.0 33.4 42.1 156.8 207.4 67.5 71.5 214.2
Free Cash Flow 25.8 15.3 38.0 7.6 5.7 4.5 16.2 (14.9) 10.8 (3.1) 12.4 14.2 (3.3) 47.5 36.4 (17.9) 35.2 30.5 33 29.3 54.6 (3.5) 2.1 (2.8) (21.9) 16.9 13.8 (11.6) (2.8) 24.8 23.7 0.7 0 22.5 12.8 1.9 7.8 52.9 (13.2) 4.7 (5.2)
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 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3
Income Statement
Revenue 97.8 32.3 99.0 101.2 95.3 96.7 79.9 79.9 73.9 45.0 69.8 65.9 62.6 60.7 58.9 53.2 51.8 57.4 57.4 58.1 62.9 62.3 68.1 60.4 49.2 51.6 52.5 52.7 47.9 48.8 48.0 47.9 44.2 45.5 45.5 45.0 40.9 42.5 39.7 40.8 38.0 34.3 35.6 37.1 33.2 33.0 34.8 31.3 28.2 31.6 31.6 31.8 31.8 39.1 31.6
Gross Profit 80.6 7.4 71.5 73.9 67.4 55.7 48.6 46.4 47.1 20.3 48.1 47.8 47.9 51.9 54.9 51.5 50.5 57.5 57.9 56.7 61.6 58.9 62.1 53.5 42.4 45.3 46.0 45.7 41.5 43.3 43.2 41.0 40.4 42.0 42.0 42.5 39.1 40.9 37.0 38.1 35.1 31.1 34.1 35.6 31.7 32.6 33.9 31.3 28.2 29.7 31.6 31.8 31.8 39.1 31.6
Operating Income 30.2 (43.4) 22.0 26.4 17.6 (0.3) 6.8 8.1 8.5 (17.8) 11.5 11.6 10.5 14.5 12.6 12.0 13.1 16.7 17.1 15.3 19.9 13.3 23.3 15.1 6.8 9.8 9.4 11.2 8.5 8.0 9.3 7.2 8.6 9.1 7.3 9.3 7.2 8.2 3.8 4.5 4.7 3.9 5.1 8.5 6.3 6.4 10.0 14.4 11.8 6.0 13.4 9.3 8.6 7.8 7.4
Net Income 23.0 (33.1) 16.9 20.3 13.3 (0.1) 5.2 6.2 6.4 (14.8) 9.2 9.1 8.2 10.9 9.6 9.3 10.2 12.7 13.1 11.7 15.2 10.2 17.7 11.5 5.4 7.7 7.1 8.3 6.4 6.0 7.4 5.6 6.9 1.0 4.9 4.6 5.0 5.6 2.6 2.9 3.2 2.7 4.3 5.4 4.0 5.5 6.2 4.4 4.0 3.9 5.2 5.7 5.4 4.4 4.7
EPS (Diluted) 0.90 -1.28 0.65 0.78 0.52 0.13 0.26 0.31 0.32 -0.73 0.45 0.45 0.40 0.53 0.47 0.52 0.57 0.72 0.74 0.66 0.86 0.57 0.99 0.65 0.30 0.43 0.48 0.59 0.46 0.43 0.52 0.40 0.49 0.07 0.35 0.33 0.35 0.40 0.18 0.21 0.23 0.19 0.31 0.38 0.29 0.39 0.44 0.32 0.29 0.28 0.38 0.41 0.40 0.32 0.35
Balance Sheet
Cash & Equivalents 128.8 67.2 92.0 80.9 83.0 61.2 66.0 438.1 545.8 129.9 64.7 65.5 145.2 58.2 54.2 37.0 132.8 242.3 159.5 315.4 190.2 173.0 95.8 210.4 198.5 144.0 61.2 44.9 44.8 40.7 35.8 39.6 27.2 122.0 33.4 42.1 156.8 207.4 67.5 71.5 214.2
Total Assets 5,288.0 5,230.1 5,330.6 5,323.8 5,339.6 5,261.7 4,084.6 4,358.6 4,338.1 3,907.7 3,869.1 3,833.0 3,886.8 3,779.6 3,691.3 3,295.1 3,336.2 3,392.7 3,175.2 3,157.2 3,151.8 3,013.8 2,898.8 2,875.5 2,512.1 2,356.9 2,228.3 2,207.1 2,213.8 2,179.1 2,172.8 2,176.9 2,089.6 2,137.1 2,065.2 2,039.4 2,004.5 2,050.6 1,938.2 1,934.0 2,048.2
Total Debt 301.8 440.5 296.1 391.7 277.6 317.0 313.4 619.2 619.4 378.9 580.7 557.7 436.6 442.8 316.5 305.1 62.8 63.2 63.4 63.9 66.2 66.6 67.4 68.0 67.2 67.6 68.2 200.3 70.9 152.3 132.8 171.1 58.8 88.8 253.2 190.4 58.8 59.5 59.5 61.1 86.7
Stockholders' Equity 574.7 564.9 550.7 533.2 514.2 495.4 386.5 373.2 371.6 369.1 349.4 357.7 359.1 356.9 344.8 307.2 328.5 359.4 353.2 344.4 329.2 330.2 322.0 305.7 293.6 285.7 281.4 213.8 203.9 197.0 191.1 186.3 183.1 180.6 182.1 178.6 173.1 168.8 169.8 168.5 165.9
Cash Flow
Operating Cash Flow 27.8 16.3 32.8 10.7 7.7 9.5 18.9 (11.2) 11.7 (1.6) 12.8 14.4 (2.4) 48.2 37.0 (17.6) 35.3 31.4 33.4 29.5 54.8 (2.4) 2.9 (1.5) (21.2) 17.3 14.3 (11.0) (1.4) 26.2 24.1 0.7 0 23.5 13.1 2.4 8.9 49.2 (12.8) 5.2 (4.6)
Capital Expenditure (2.0) (1.0) 5.2 (3.1) (2.1) (5.0) (2.8) (3.7) (0.9) (1.4) (0.4) (0.2) (0.9) (0.7) (0.6) (0.3) (0.1) (0.9) (0.4) (0.2) (0.3) (1.1) (0.8) (1.3) (0.7) (0.5) (0.5) (0.6) (1.4) (1.4) (0.5) 0 0 (1.0) (0.4) (0.5) (1.1) 3.7 (0.3) (0.5) (0.6)
Free Cash Flow 25.8 15.3 38.0 7.6 5.7 4.5 16.2 (14.9) 10.8 (3.1) 12.4 14.2 (3.3) 47.5 36.4 (17.9) 35.2 30.5 33 29.3 54.6 (3.5) 2.1 (2.8) (21.9) 16.9 13.8 (11.6) (2.8) 24.8 23.7 0.7 0 22.5 12.8 1.9 7.8 52.9 (13.2) 4.7 (5.2)