Antero Midstream Corporation logo AM - Antero Midstream Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 11
SELL 4
STRONG
SELL
0
| PRICE TARGET: $21.50 DETAILS
HIGH: $23.00
LOW: $20.00
MEDIAN: $21.50
CONSENSUS: $21.50
DOWNSIDE: 2.43%
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
Revenue
Revenue 335.4 314.7 312.5 323.1 308.8 305.1 287.5 287.5 296.7 277.8 281.5 276.0 277.1 259.2 248.7 246.6 236.2 234.2 242.5 250.5 241.8 221.5 263.2 237.3 261.3 256.9 272.7 264.2 55.9 0 0 0 0 0 0 0 0 0 0 0 0 1.0
Cost of Revenue 126.5 105.5 110.0 114.1 107.2 106.4 101.9 111.7 108.7 103.4 100.3 105.5 110.7 99.5 98.5 96.6 88.0 84.3 84.7 83.8 83.8 81.1 94.7 87.4 93.7 99.8 115.1 109.0 24.4 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 208.9 209.2 202.5 209.0 201.6 198.8 185.6 175.8 188.0 174.5 181.2 170.5 166.4 159.7 150.2 149.9 148.2 149.9 157.8 166.6 158.0 140.4 168.6 149.9 167.6 157.1 157.5 155.2 31.5 0 0 0 0 0 0 0 0 0 0 0 0 1.0
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 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 22.3 21.5 21.3 22.1 23.0 20.8 22.9 21.2 21.2 18.5 17.6 18.2 17.3 14.5 13.6 16.1 17.9 16.8 14.8 14.3 17.9 13.0 13.2 12.4 13.5 33.1 30.6 34.6 19.8 16.7 10.8 11.5 9.6 8.9 8.9 12.8 10.4 0.4 0.2 0.1 0.0 0
Other Expenses 0.5 0.5 0.4 0.4 1.3 0.2 0.3 1.8 0.6 0 1.2 6.8 0.7 1.0 (1.2) 5.5 1.1 4.5 1.2 1.0 6.4 12.4 3.5 2.8 673.3 316.6 461.0 3.0 1.1 (43.5) 0 0 0 0 (19.1) (15.3) 0 0 0 0 0 0
Operating Expenses 22.9 22.0 21.8 22.6 24.3 21.0 23.2 23.1 21.8 18.5 18.9 24.9 18.1 15.5 12.4 21.5 19.0 21.4 16.0 15.2 24.4 25.4 16.7 15.2 686.8 349.7 491.6 37.6 20.9 (31.5) 10.8 11.5 9.6 8.9 (10.1) (2.5) 10.4 0.4 0.2 0.1 0.0 0
Operating Income
Operating Income 186.0 187.2 180.5 186.4 177.2 177.7 162.4 152.8 166.3 156.0 162.3 145.5 148.3 144.1 137.8 128.4 129.2 128.5 141.8 151.4 133.6 115.0 151.8 134.7 (519.2) (192.6) (334.1) 117.6 10.6 31.5 (10.8) (11.5) (9.6) (8.9) 10.1 2.5 (10.4) (0.4) (0.2) (0.1) (0.0) 1.0
Interest Expense 54.0 46.8 47.2 48.0 48.4 49.7 51.8 52.2 53.3 52 55.2 55.4 54.6 52.4 47.8 45.4 44.3 44.4 44.5 43.5 42.9 39.6 34.5 35.3 37.6 36.5 36.1 31.5 6.2 0.1 0.1 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 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
Profitability
EBITDA 241.8 238.5 261.0 267.5 255.7 256.0 240.0 221.9 248.5 208.4 238.1 224.4 225.7 219.1 214.1 204.6 198.4 197.1 211.1 196.5 198.8 182.8 219.6 201.0 (455.1) (131.5) (262.3) 176.2 22.9 31.5 27.0 21.6 18.9 (8.9) 10.1 2.5 (10.4) (0.4) (0.2) (0.1) (0.0) 0
EBIT 186.0 187.2 208.9 216.5 205.2 205.5 189.8 166.7 193.7 155.8 189.7 171.5 172.8 167.9 162.2 151.2 152.4 151.6 165.9 152.2 154.3 138.2 175.0 155.7 (500.1) (176.3) (315.6) 131.2 13.5 31.5 27.0 21.6 18.9 (8.9) 10.1 2.5 (10.4) (0.4) (0.2) (0.1) (0.0) 1.0
Income Before Tax 155.9 77.2 161.7 168.5 156.8 155.8 137.9 114.5 140.4 131.3 134.5 116.1 118.2 115.5 114.3 105.8 108.1 107.2 121.4 108.7 111.5 98.7 140.5 120.4 (537.7) (212.8) (351.7) 99.7 7.3 248.6 26.9 21.6 18.9 14.8 10.1 2.5 1.1 7.1 4.6 2.6 1.8 1.0
Income Tax Expense 37.6 25.3 45.7 44.0 36.1 44.6 38.2 28.4 36.5 30.9 36.7 29.1 31.7 32.7 30.3 26.4 28.1 28.6 32.0 28.5 28.0 22.2 35.0 31.9 (144.8) (68.2) (62.3) 30.4 (2.4) 10.1 8.9 7.2 6.1 8.9 7.2 5.8 4.4 2.9 1.8 1.0 0.7 0.4
Net Income 118.3 51.9 116.0 124.5 120.7 111.2 99.7 86.0 103.9 100.4 97.8 87.0 86.5 82.8 83.9 79.3 79.9 78.5 89.2 80.1 83.3 76.3 105.4 88.3 (392.9) (144.6) (289.5) 69.1 9.6 21.4 17.4 13.9 12.4 5.9 3.0 (3.3) (3.3) 4.3 2.8 1.6 1.1 0.6
Per Share Data
EPS (Basic) 0.25 0.11 0.24 0.26 0.25 0.23 0.21 0.18 0.22 0.21 0.20 0.18 0.18 0.17 0.18 0.17 0.17 0.16 0.19 0.17 0.17 0.16 0.22 0.19 -0.81 -0.29 -0.57 0.14 0.04 1.10 0.09 0.07 0.07 0.03 0.02 -0.01 -0.02 0.02 0.01 0.01 0.01 0.00
EPS (Diluted) 0.25 0.11 0.24 0.26 0.25 0.23 0.21 0.18 0.21 0.21 0.20 0.18 0.18 0.17 0.17 0.17 0.17 0.16 0.19 0.17 0.17 0.16 0.22 0.18 -0.81 -0.29 -0.57 0.14 0.04 1.09 0.09 0.07 0.07 0.03 0.02 -0.01 -0.02 0.02 0.01 0.01 0.01 0.00
Shares Outstanding 473.9 477.9 478.0 479.1 479.1 481.0 481.3 481.1 479.9 479.7 479.7 479.5 480.6 478.5 478.5 478.3 477.6 477.4 477.4 477.3 490.8 476.6 476.6 476.8 483.1 500.0 506.4 506.8 253.9 187.2 186.2 186.2 186.2 186.2 186.2 186.2 186.2 186.2 186.2 186.2 186.2 186.2
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 Q1
Current Assets
Cash & Cash Equivalents 0 180.4 0 0 0 0 0 0 26.1 0.1 0 0 0 0 0 0 0 0.6 0 0.7 0.3 0.6 2.4 3.0 0 1.2 0 7.8 2.0 2.8 4.2 5.3 14.5 6.0 2.4 11.4 16.8 9.6 5.2 (0.1)
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 0 0 0 0.1
Net Receivables 147.1 109.7 111.3 112.4 124.9 115.2 98.6 102.6 105.8 89.6 94.7 93.1 96.7 87.7 80.2 76.5 79.4 82.9 86.9 91.4 89.9 91.8 105.1 97.0 150.1 105.6 106.1 104.5 111.2 0 0 0 0 0 0 0.4 0.3 0 0.2 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.4) 0 (0.2) 0 0
Other Current Assets 7.9 89.8 2.1 2.1 2.8 2.9 1.3 1.0 1.8 1.5 0.8 0.8 1.7 1.3 0.6 0.6 0.9 0.9 0.5 0.4 1.0 1.5 0.5 0.6 1.3 1.7 3.1 3.1 3.5 0.1 0.1 0.1 0 0 0 0 0 0 0 0
Total Current Assets 154.9 379.9 113.4 114.5 127.7 118.1 99.9 103.6 133.7 91.1 95.5 93.9 98.4 89.0 80.8 77.1 80.3 83.8 87.5 92.4 91.2 93.9 108.0 100.7 151.4 108.6 109.2 115.4 116.7 2.9 4.4 6.3 14.6 6.0 2.5 11.7 17.0 9.8 5.4 0.1
Non-Current Assets
Property, Plant & Equipment 3,977.8 3,454.6 3,907.9 3,892.5 3,884.4 3,881.6 3,892.2 3,868.9 3,788.6 3,793.5 3,782.6 3,756.5 3,749.2 3,751.4 3,508.0 3,492.5 3,461.1 3,394.7 3,345.8 3,293.8 3,249.7 3,254.0 3,255.9 3,249.6 3,228.3 3,273.4 3,216.0 3,744.3 3,659.7 0 0 0 0 0 0 0 0 0 0 0
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 575.5 902.8 1,135.3 1,135.3 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 1,682.3 1,074.1 1,091.8 1,109.4 1,127.1 1,144.8 1,162.4 1,180.1 1,197.8 1,215.4 1,233.1 1,250.8 1,268.4 1,286.1 1,303.8 1,321.4 1,339.1 1,356.8 1,374.4 1,392.1 1,409.8 1,427.4 1,445.1 1,462.9 1,480.5 1,498.1 1,497.0 547.7 556.2 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 581.0 585.8 592.2 598.3 600.3 604.0 609.4 612.8 619.2 626.6 636.0 639.9 643.1 652.8 659.0 681.6 688.1 696.0 703.8 707.5 712.1 722.5 728.3 729.8 716.8 709.6 672.3 1,186.2 1,153.9 43.5 37.8 33.1 28.5 23.8 19.1 15.3 11.6 7.5 4.8 0
Other Non-Current Assets 9.8 389.8 11.9 12.2 12.6 13.3 13.6 (321.3) (292.4) 10.9 (217.1) (180.2) 11.3 (102.4) (86.3) (55.2) (29.8) (84.6) 7.2 8.0 8.6 9.6 10.6 11.4 11.9 14.5 12.7 40.2 42.9 0 0 0 0 0 0 0 0 0 0 (0.1)
Total Non-Current Assets 6,250.9 5,504.3 5,603.7 5,612.5 5,624.5 5,764.9 5,677.6 5,671.4 5,615.6 5,646.5 5,663.2 5,659.0 5,672.1 5,702.3 5,483.0 5,508.4 5,500.3 5,460.2 5,446.1 5,448.3 5,455.6 5,517.0 5,565.5 5,614.4 5,630.0 6,174.3 6,336.3 6,653.6 6,551.7 44.8 37.8 33.1 28.5 23.8 19.1 15.3 11.6 7.5 4.8 (0.1)
Total Assets 6,405.9 5,884.1 5,717.1 5,727.0 5,752.1 5,883.0 5,777.5 5,775.0 5,749.2 5,737.6 5,758.7 5,752.9 5,770.5 5,791.3 5,563.8 5,585.5 5,580.6 5,544.0 5,533.6 5,540.7 5,546.8 5,610.9 5,673.5 5,715.1 5,781.4 6,282.9 6,445.5 6,769.0 6,668.4 47.7 42.3 39.4 43.1 29.8 21.5 27.1 28.6 17.4 10.2 0
Current Liabilities
Account Payables 9.0 15.7 21.7 19.1 20.8 16.4 5.3 15.1 13.0 10.5 24.7 17.9 25.8 22.9 26.8 24.5 33.1 23.6 24.9 24.8 14.9 9.5 19.9 19.8 21.7 6.6 32.6 27.0 7.2 0.8 0.8 0.7 0.8 0.2 0 0.3 0.6 0.4 0 0
Short-Term Debt 13.2 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
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
Other Current Liabilities 135.1 10.4 68.3 92.0 66.4 77.9 76.5 28.6 29.5 27.5 29.5 21.5 1.1 23.1 8.9 44.9 48.6 34.5 37.8 36.3 19.7 20.9 13.9 22.3 27.0 158.7 178.6 156.3 59.4 16.4 13.2 13.3 0.8 13.9 0 3.6 11.1 6.7 3.9 0
Total Current Liabilities 157.2 111.5 90.0 111.2 90.2 100.6 91.5 116.0 107.3 96.4 110.6 96.6 96.2 102.1 106.4 123.8 139.1 114.0 118.7 117.8 79.8 94.0 61.3 98.1 83.6 242.1 259.6 237.5 118.1 16.8 14.2 14.1 20.8 14.2 9.5 5.4 13.3 7.1 4.2 0
Non-Current Liabilities
Long-Term Debt 3,699.4 3,222.5 3,008.7 3,023.8 3,111.0 3,117.0 3,171.7 3,186.6 3,174.9 3,213.2 3,258.5 3,306.7 3,331.3 3,361.3 3,143.2 3,158.0 3,133.2 3,122.9 3,095.6 3,087.7 3,103.4 3,091.6 3,121.8 3,088.8 3,103.8 2,892.2 2,657.8 2,526.3 2,390.0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 600.6 563.0 538.1 490.1 448.0 534.8 369.0 330.8 302.4 0 228.6 192.0 162.9 131.2 98.5 68.2 41.8 13.7 0 0 0 0 0 0 0 0 0 26.7 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 12.2 15.1 15.0 14.5 14.4 15.4 15.4 14.5 14.3 276.3 9.7 4.6 4.6 4.4 3.9 5.5 6.5 6.7 6.8 6.7 6.7 7.0 4.9 4.9 5.1 5.1 5.1 6.1 124.8 0 3.0 2.2 0.9 0 3.3 2.7 0.6 0 0 0
Total Non-Current Liabilities 4,312.2 3,800.6 3,561.8 3,528.4 3,573.4 3,667.2 3,556.0 3,531.9 3,491.5 3,489.5 3,496.9 3,503.2 3,498.8 3,496.9 3,245.6 3,231.6 3,181.5 3,143.3 3,102.3 3,094.5 3,110.1 3,098.6 3,126.8 3,093.7 3,108.8 2,897.4 2,662.8 2,559.1 2,514.8 0 3.0 2.2 0.9 0 3.3 2.7 0.6 0 0 0
Total Liabilities 4,469.4 3,912.1 3,651.8 3,639.6 3,663.6 3,767.8 3,647.6 3,647.9 3,598.9 3,585.9 3,607.6 3,599.8 3,595.0 3,599.0 3,352.0 3,355.4 3,320.6 3,257.3 3,221.0 3,212.3 3,189.9 3,192.6 3,188.0 3,191.9 3,192.4 3,139.5 2,922.5 2,796.7 2,632.9 16.8 17.1 16.3 21.6 14.2 12.9 8.1 13.9 7.1 4.2 0
Stockholders' Equity
Common Stock 4.8 4.7 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 5.0 5.1 5.1 (42.0) (10.2) (12.1) (13.7) 15.6 8.7 18.9 14.6 10.3 6.0 0
Retained Earnings 104.2 14.8 88.3 111.8 99.4 90.5 99.7 86.0 103.9 100.4 97.8 87.0 86.5 82.8 84.0 27.0 (52.4) (132.5) (211.1) (300.4) (380.7) (464.1) (540.5) (646.1) (734.5) (341.6) (197.0) 92.5 23.2 0 0 0 0 0 0 0 0 0 0 0
Accumulated Other Comprehensive 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 (341.6) 0 0 (7.7) 0 0 0 0 0 0 0 0 0 0 0.6
Total Stockholders' Equity 1,936.4 1,972.0 2,065.2 2,087.4 2,088.5 2,115.2 2,129.9 2,127.1 2,150.4 2,151.7 2,151.1 2,153.0 2,175.5 2,192.3 2,211.9 2,230.1 2,260.0 2,286.7 2,312.6 2,328.4 2,356.9 2,418.3 2,485.5 2,523.2 2,589.0 3,143.4 3,523.0 3,972.4 4,035.6 30.9 25.1 23.1 21.4 (4.3) 8.7 18.9 14.6 10.3 6.0 0.6
Total Liabilities & Equity 6,405.9 5,884.1 5,717.1 5,727.0 5,752.1 5,883.0 5,777.5 5,775.0 5,749.2 5,737.6 5,758.7 5,752.9 5,770.5 5,791.3 5,563.8 5,585.5 5,580.6 5,544.0 5,533.6 5,540.7 5,546.8 5,610.9 5,673.5 5,715.1 5,781.4 6,282.9 6,445.5 6,769.0 6,668.4 47.7 42.3 39.4 43.1 14.2 21.5 27.1 28.6 17.4 10.2 0.6
Debt Metrics
Total Debt 3,712.5 3,222.5 3,008.7 3,023.8 3,111.0 3,117.0 3,171.7 3,186.6 3,174.9 3,213.2 3,258.5 3,306.7 3,331.3 3,361.3 3,143.2 3,158.0 3,133.2 3,122.9 3,095.6 3,087.7 3,103.4 3,091.6 3,121.8 3,088.8 3,103.8 2,892.2 2,657.8 2,526.3 2,390.0 0 0 0 0 0 0 0 0 0 0 0
Net Debt 3,712.5 3,042.1 3,008.7 3,023.8 3,111.0 3,117.0 3,171.7 3,186.6 3,148.8 3,213.2 3,258.5 3,306.7 3,331.3 3,361.3 3,143.2 3,158.0 3,133.2 3,122.3 3,095.6 3,087.1 3,103.2 3,091.0 3,119.4 3,085.8 3,103.8 2,891.0 2,657.8 2,518.5 2,388.0 (2.8) (4.2) (5.3) (14.5) (6.0) (2.4) (11.4) (16.8) (9.6) (5.2) 0.1
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 118.3 51.9 116.0 124.5 120.7 111.2 99.7 86.0 103.9 100.4 97.8 87.0 86.5 82.8 84.0 79.4 80.0 78.6 89.3 80.2 83.4 76.5 105.5 88.4 (392.9) (144.6) (289.5) 69.3 9.6 21.4 18.0 14.4 12.8 5.9 3.0 (3.3) (3.3) 231.3 2.8 1.6 1.1
Depreciation & Amortization 34.6 51.4 (0.9) 51.0 50.4 50.5 50.2 55.3 54.8 52.6 48.4 52.9 52.9 51.2 51.9 53.3 46.0 45.5 45.2 44.3 44.5 44.6 44.6 45.4 44.9 44.8 53.3 45.0 9.4 0 0 0 0 0.4 0 0 0 0 0 0 0
Stock-Based Compensation 10.6 11.1 11.0 11.4 12.4 11.5 11.9 11.6 9.3 8.4 8.3 8.5 6.3 5.6 5.6 5.6 2.8 3.2 3.3 3.1 4.0 3.1 3.7 2.7 3.3 20.4 20.1 21.5 11.4 8.8 8.6 9.1 8.6 8.7 8.3 9.6 8.3 0 0 0 0
Change in Working Capital 11.7 21.8 (24.7) 29.5 (26.3) 7.1 (21.2) 11.8 (3.0) (1.2) 5.4 (2.5) (5.8) (7.4) 0.5 (7.0) 19.0 (4.9) 9.0 12.0 (11.7) 43.4 (35.8) 75.0 (82.2) 26.4 (4.8) 7.1 (5.2) 2.7 0.9 (7.5) 6.5 4.7 4.2 (8.0) 6.1 (9.6) 2.0 0.9 1.0
Other Non-Cash Items 25.8 94.3 63.5 6.7 7.3 7.8 6.0 22.7 9.0 10.8 5.8 10.6 11.1 3.7 4.5 11.8 8.8 13.2 6.4 26.6 17.4 17.7 5.5 (1.9) 662.2 245.5 460.8 9.3 46.7 (6.9) (4.6) (4.7) (4.7) (4.7) (3.7) (3.8) (4.0) 151.8 (2.1) (0.9) (0.9)
Operating Cash Flow 238.6 255.5 212.8 265.2 198.9 232.7 184.9 215.8 210.6 208.3 202.4 185.6 182.7 168.6 176.8 169.5 184.7 164.3 185.1 194.7 165.7 206.5 158.5 241.4 147.0 192.5 177.7 182.6 69.6 26.0 22.9 11.4 23.2 14.6 11.7 (5.4) 7.1 373.5 2.7 1.6 0.9
Investing Activities
Capital Expenditure (37.9) (48.8) 67.3 (36.7) (30.5) 133.4 (54.9) (43.4) (35.1) (54.0) (31.0) (30.0) (43.2) (325.2) (58.7) (60.9) (70.7) (65.9) (69.1) (36.6) (15.1) (20.0) (41.9) (49.3) (68.0) (5.3) (120.9) (125.2) (16.0) 0 0 0 0 0 0 0 0 0 0 0 0
Acquisitions 0 0 (0.0) 0.0 0.0 (1.5) (0.9) 0 0 0 0 0 0 (17) 17 0 0 2.1 (1.1) (0.2) (0.8) (0.5) (2.8) (10.3) (11.7) (37.0) (13.9) (37.7) (44.9) 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 5.1 (3.3) (1.7) 0 0 0 0 0.3 0 (0.3) 0 0 (17) 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 17 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 (780.8) (1.2) (119.2) 0 0 (171.5) 1.1 (67.9) (2.0) 0.3 (14.3) (11.8) 1.1 64.4 (11.5) (17.6) (13.4) (12.1) (13.5) (9.2) (11.8) (10.8) (7.8) (6.4) (11.0) (127.0) (0.1) 2.6 (0.3) 0 0 0 0 0 0 0 0 0 0 0 0
Investing Cash Flow (780.8) (50.0) (46.9) (40.1) (32.3) (39.7) (54.7) (111.3) (37.1) (53.7) (45.3) (42.1) (42.2) (277.9) (53.3) (78.5) (84.1) (75.9) (83.7) (46.1) (27.7) (31.2) (44.7) (66.0) (77.4) (169.4) (134.9) (160.2) (61.2) 0 0 0 0 0 0 0 0 0 0 0 0
Financing Activities
Net Debt Issuance 441.1 220.4 (16.7) (88.1) (6.9) (55.6) (21.3) (3.0) (32.2) (46.3) (49.1) (25.6) (30.9) 217.2 (15.7) 23.9 9.1 19.3 6.3 (36.5) 10.5 (24) 32.5 (15.5) 211 234 131 144.5 25 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased (18.0) (48.3) (41.3) (16.8) (28.6) (28.7) (0.4) (14.4) (0.0) (0.1) (0.0) (7.2) (1.2) (0.1) (0.0) (5.4) (1.3) (0.1) (0.6) (2.8) (1.5) (0.0) (0.1) (8.9) (15.8) (100) (25.5) (1.8) 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (111.1) (107.3) (107.4) (111.7) (112.8) (108.5) (108.7) (113.0) (108.1) (108.1) (108.0) (110.7) (108.5) (107.8) (107.8) (109.4) (108.3) (107.6) (107.9) (108.9) (147.3) (146.7) (146.8) (147.7) (149.0) (155.5) (154.3) (152.2) (34.3) (27.4) (23.8) (20.5) (14.7) (11.0) (20.7) 0 0 0 0 0 0
Other Financing Activities (32.8) (7.4) (0.5) (8.6) (18.4) (0.2) 0 (0.2) (7.1) 0 0 0 0 0 0 0 (0.3) (0.1) (0.0) (0.0) (0.6) (6.3) (0.0) (0.4) (117.0) (0.4) (1.6) (0.1) 0 0 (0.2) (0.0) 0 0 0 0 0 0 0 0 0
Financing Cash Flow 279.2 57.4 (165.9) (225.1) (166.7) (193.0) (130.3) (130.6) (147.4) (154.6) (157.1) (143.5) (140.6) 109.2 (123.5) (91.0) (100.5) (88.4) (102.1) (148.2) (138.4) (177.0) (114.4) (172.5) (70.8) (21.9) (50.6) (16.5) (9.3) (27.4) (24.0) (20.5) (14.7) (11.0) (20.7) 0 0 0 0 0 0
Cash Position
Net Change in Cash (262.9) 262.9 0 0 0 0 0 (26.1) 26.0 0.1 0 0 0 0 0 0 0 0 (102.1) 0.4 (0.4) (1.8) (0.6) (172.5) (44.6) (21.9) (50.6) 5.8 (0.9) (1.4) (1.1) (9.2) 8.5 3.6 (9.0) (5.4) 7.1 8.9 2.7 1.6 0.9
Cash at Beginning 262.9 0 0 0 0 0 0 26.1 0.1 0 0 0 0 0 0 0 0 0 0.7 0.3 0.6 2.4 3.0 175.5 1.2 23.1 7.8 2.0 2.8 4.2 5.3 14.5 6.0 2.4 11.4 16.8 9.6 5.2 2.5 0.9 0.1
Cash at End 0 262.9 0 0 0 0 0 0 26.1 0.1 0 0 0 0 0 0 0 0 (101.5) 0.7 0.3 0.6 2.4 3.0 (43.3) 1.2 (42.8) 7.8 2.0 2.8 4.2 5.3 14.5 6.0 2.4 11.4 16.8 14.0 5.2 2.5 0.9
Free Cash Flow 200.7 206.7 280.1 228.4 168.4 366.1 130.0 172.4 175.5 154.3 171.4 155.6 139.5 (156.6) 118.1 108.6 113.9 98.4 116.0 158.1 150.6 186.5 116.6 192.1 79.0 187.2 56.8 57.4 53.6 26.0 22.9 11.4 23.2 14.6 11.7 (5.4) 7.1 373.5 2.7 1.6 0.9
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
Income Statement
Revenue 335.4 314.7 312.5 323.1 308.8 305.1 287.5 287.5 296.7 277.8 281.5 276.0 277.1 259.2 248.7 246.6 236.2 234.2 242.5 250.5 241.8 221.5 263.2 237.3 261.3 256.9 272.7 264.2 55.9 0 0 0 0 0 0 0 0 0 0 0 0 1.0
Gross Profit 208.9 209.2 202.5 209.0 201.6 198.8 185.6 175.8 188.0 174.5 181.2 170.5 166.4 159.7 150.2 149.9 148.2 149.9 157.8 166.6 158.0 140.4 168.6 149.9 167.6 157.1 157.5 155.2 31.5 0 0 0 0 0 0 0 0 0 0 0 0 1.0
Operating Income 186.0 187.2 180.5 186.4 177.2 177.7 162.4 152.8 166.3 156.0 162.3 145.5 148.3 144.1 137.8 128.4 129.2 128.5 141.8 151.4 133.6 115.0 151.8 134.7 (519.2) (192.6) (334.1) 117.6 10.6 31.5 (10.8) (11.5) (9.6) (8.9) 10.1 2.5 (10.4) (0.4) (0.2) (0.1) (0.0) 1.0
Net Income 118.3 51.9 116.0 124.5 120.7 111.2 99.7 86.0 103.9 100.4 97.8 87.0 86.5 82.8 83.9 79.3 79.9 78.5 89.2 80.1 83.3 76.3 105.4 88.3 (392.9) (144.6) (289.5) 69.1 9.6 21.4 17.4 13.9 12.4 5.9 3.0 (3.3) (3.3) 4.3 2.8 1.6 1.1 0.6
EPS (Diluted) 0.25 0.11 0.24 0.26 0.25 0.23 0.21 0.18 0.21 0.21 0.20 0.18 0.18 0.17 0.17 0.17 0.17 0.16 0.19 0.17 0.17 0.16 0.22 0.18 -0.81 -0.29 -0.57 0.14 0.04 1.09 0.09 0.07 0.07 0.03 0.02 -0.01 -0.02 0.02 0.01 0.01 0.01 0.00
Balance Sheet
Cash & Equivalents 0 180.4 0 0 0 0 0 0 26.1 0.1 0 0 0 0 0 0 0 0.6 0 0.7 0.3 0.6 2.4 3.0 0 1.2 0 7.8 2.0 2.8 4.2 5.3 14.5 6.0 2.4 11.4 16.8 9.6 5.2 (0.1)
Total Assets 6,405.9 5,884.1 5,717.1 5,727.0 5,752.1 5,883.0 5,777.5 5,775.0 5,749.2 5,737.6 5,758.7 5,752.9 5,770.5 5,791.3 5,563.8 5,585.5 5,580.6 5,544.0 5,533.6 5,540.7 5,546.8 5,610.9 5,673.5 5,715.1 5,781.4 6,282.9 6,445.5 6,769.0 6,668.4 47.7 42.3 39.4 43.1 29.8 21.5 27.1 28.6 17.4 10.2 0
Total Debt 3,712.5 3,222.5 3,008.7 3,023.8 3,111.0 3,117.0 3,171.7 3,186.6 3,174.9 3,213.2 3,258.5 3,306.7 3,331.3 3,361.3 3,143.2 3,158.0 3,133.2 3,122.9 3,095.6 3,087.7 3,103.4 3,091.6 3,121.8 3,088.8 3,103.8 2,892.2 2,657.8 2,526.3 2,390.0 0 0 0 0 0 0 0 0 0 0 0
Stockholders' Equity 1,936.4 1,972.0 2,065.2 2,087.4 2,088.5 2,115.2 2,129.9 2,127.1 2,150.4 2,151.7 2,151.1 2,153.0 2,175.5 2,192.3 2,211.9 2,230.1 2,260.0 2,286.7 2,312.6 2,328.4 2,356.9 2,418.3 2,485.5 2,523.2 2,589.0 3,143.4 3,523.0 3,972.4 4,035.6 30.9 25.1 23.1 21.4 (4.3) 8.7 18.9 14.6 10.3 6.0 0.6
Cash Flow
Operating Cash Flow 238.6 255.5 212.8 265.2 198.9 232.7 184.9 215.8 210.6 208.3 202.4 185.6 182.7 168.6 176.8 169.5 184.7 164.3 185.1 194.7 165.7 206.5 158.5 241.4 147.0 192.5 177.7 182.6 69.6 26.0 22.9 11.4 23.2 14.6 11.7 (5.4) 7.1 373.5 2.7 1.6 0.9
Capital Expenditure (37.9) (48.8) 67.3 (36.7) (30.5) 133.4 (54.9) (43.4) (35.1) (54.0) (31.0) (30.0) (43.2) (325.2) (58.7) (60.9) (70.7) (65.9) (69.1) (36.6) (15.1) (20.0) (41.9) (49.3) (68.0) (5.3) (120.9) (125.2) (16.0) 0 0 0 0 0 0 0 0 0 0 0 0
Free Cash Flow 200.7 206.7 280.1 228.4 168.4 366.1 130.0 172.4 175.5 154.3 171.4 155.6 139.5 (156.6) 118.1 108.6 113.9 98.4 116.0 158.1 150.6 186.5 116.6 192.1 79.0 187.2 56.8 57.4 53.6 26.0 22.9 11.4 23.2 14.6 11.7 (5.4) 7.1 373.5 2.7 1.6 0.9