ARE - Alexandria Real Estate Equities, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$50.22
DETAILS
HIGH:
$60.00
LOW:
$43.00
MEDIAN:
$50.00
CONSENSUS:
$50.22
UPSIDE:
3.82%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||
| Revenue | 2,970.7 | 3,049.7 | 2,842.5 | 2,576.0 | 2,108.2 | 1,893.8 | 1,516.9 | 1,327.5 | 1,124.5 | 897.9 | 819.6 | 726.9 | 631.2 | 586.1 | 510.0 | 487.3 | 491.4 | (78.8) | 317.0 | 245.4 | 195.0 | 154.6 | 134.1 | 119.7 | 98.7 | 81.1 | 66.5 | 47 | 27.8 | 11.4 |
| Cost of Revenue | 922.6 | 909.3 | 859.2 | 783.2 | 623.6 | 530.2 | 445.5 | 381.1 | 325.6 | 278.4 | 261.2 | 219.2 | 189.0 | 174.5 | 168.6 | 132.3 | 120.5 | 114.5 | 99.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 2,048.1 | 2,140.4 | 1,983.3 | 1,792.9 | 1,484.7 | 1,363.6 | 1,071.4 | 946.3 | 798.9 | 619.5 | 558.3 | 507.7 | 442.1 | 411.6 | 341.4 | 355.0 | 370.9 | (193.3) | 217.8 | 245.4 | 195.0 | 154.6 | 134.1 | 119.7 | 98.7 | 81.1 | 66.5 | 47 | 27.8 | 11.4 |
| 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 |
| SG&A Expenses | 117.0 | 168.4 | 199.4 | 177.3 | 151.5 | 133.3 | 108.8 | 90.4 | 75.0 | 63.9 | 59.6 | 53.5 | 48.5 | 47.8 | 209.8 | 166.7 | 156.8 | 34.8 | 32.5 | 26.1 | 21.1 | 15.1 | 14.2 | 13.4 | 11.7 | 9.0 | 7 | 3.9 | 2.5 | 2 |
| Other Expenses | 3,133.3 | 1,202.4 | 1,093.5 | 1,002.1 | 821.1 | 0 | 544.6 | 477.7 | 416.8 | 313.4 | 261.3 | 224.1 | 189.1 | 188.8 | 6.5 | 112.3 | 119.2 | 106.7 | 187.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 3,250.4 | 1,370.7 | 1,292.8 | 1,179.4 | 972.5 | 133.3 | 653.4 | 568.1 | 491.8 | 377.3 | 320.9 | 277.6 | 237.6 | 236.6 | 216.3 | 166.7 | 156.8 | 149.3 | 32.5 | 26.1 | 21.1 | 15.1 | 14.2 | 13.4 | 11.7 | 9.0 | 7 | 3.9 | 2.5 | 2 |
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | (1,202.3) | 769.7 | 690.4 | 613.5 | 512.2 | 1,230.2 | 417.9 | 422.3 | 180.7 | 41.1 | 136.6 | 180.9 | 130.9 | 103.4 | 194.8 | 204.9 | 215.9 | 201.7 | 182.1 | 144.8 | 112.5 | 88.9 | 86.1 | 65.0 | 59.4 | 51.8 | 41.8 | 33.4 | 4.2 | 8.5 |
| Interest Expense | 226.7 | 185.8 | 74.2 | 94.2 | 142.2 | 171.6 | 173.7 | 157.5 | 128.6 | 107.0 | 105.8 | 79.3 | 68.0 | 69.2 | 63.4 | 69.6 | 81.3 | 78.8 | 88.4 | 71.4 | 49.1 | 28.7 | 26.4 | 25.0 | 29.1 | 25.8 | 19.7 | 14.0 | 7 | 6.3 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.0 | 4.2 | 4.6 | 3.4 | 0.8 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.6 | 3.3 | 3.5 | 1.5 | 1.2 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||
| EBITDA | 360.4 | 1,899.0 | 1,448.7 | 1,767.0 | 1,617.5 | 1,173.0 | 1,122.3 | 899.9 | 610.9 | 263.5 | 407.4 | 323.2 | 323.6 | 290.3 | 293.8 | 205.8 | 323.4 | 311.8 | 274.6 | 223.3 | 170.9 | 132.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | (990.0) | 696.6 | 355.2 | 764.9 | 796.4 | 532.1 | 577.7 | 560.3 | 322.8 | 57.2 | 252.0 | 230.6 | 204.5 | 165.9 | 179.7 | 188.0 | 206.4 | 203.1 | 177.2 | 145.6 | 110.0 | 87.2 | (40.7) | (36.1) | (31.5) | (24.9) | (18.9) | (10.3) | (4.9) | (2.4) |
| Income Before Tax | (1,216.7) | 510.7 | 281.0 | 670.7 | 654.3 | 827.2 | 404.0 | 402.8 | 194.2 | (49.8) | 146.2 | 105.5 | 139.3 | 91.9 | 131.4 | 135.3 | 134.6 | 122.9 | 93.7 | 73.4 | 63.4 | 60.2 | 59.6 | 40.0 | 30.3 | 26.0 | 22.1 | 19.4 | (2.8) | 2.2 |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (114.6) | 25.1 | 16.1 | 1.9 | 4.0 | 3.1 | (10.2) | (131.4) | (135.3) | (134.6) | (122.9) | (93.7) | (73.4) | (63.4) | (60.2) | (59.6) | (40.0) | (30.3) | (26.0) | (22.1) | (19.4) | 0 | (2.2) |
| Net Income | (1,430.5) | 322.9 | 103.6 | 521.7 | 571.2 | 771.0 | 363.2 | 517.3 | 169.1 | (65.9) | 144.2 | 101.6 | 136.2 | 102.1 | 131.4 | 135.3 | 134.6 | 116.3 | 93.7 | 73.4 | 63.4 | 60.2 | 59.6 | 40.0 | 30.3 | 26.0 | 22.1 | 19.4 | (2.8) | 2.2 |
| Per Share Data | ||||||||||||||||||||||||||||||
| EPS (Basic) | -8.44 | 1.80 | 0.54 | 3.18 | 3.83 | 4.69 | 1.60 | 5.02 | 1.59 | -0.87 | 1.63 | 1.01 | 1.60 | 1.09 | 1.73 | 2.19 | 2.72 | 3.12 | 2.66 | 2.28 | 2.26 | 2.37 | 3.14 | 1.79 | 1.67 | 1.80 | 1.48 | 1.60 | -0.35 | 0.60 |
| EPS (Diluted) | -8.44 | 1.80 | 0.54 | 3.18 | 3.82 | 4.67 | 1.59 | 5.01 | 1.58 | -0.87 | 1.63 | 1.01 | 1.60 | 1.09 | 1.73 | 2.19 | 2.72 | 3.09 | 2.63 | 2.25 | 2.22 | 2.33 | 3.10 | 1.76 | 1.64 | 1.77 | 1.46 | 1.58 | -0.35 | 0.60 |
| Shares Outstanding | 170.4 | 172.1 | 170.9 | 161.7 | 146.9 | 126.1 | 112.2 | 103.0 | 91.5 | 76.0 | 71.5 | 71.2 | 68.0 | 62.2 | 59.1 | 48.4 | 38.6 | 31.7 | 29.7 | 25.1 | 20.9 | 20.1 | 19.0 | 17.6 | 16.0 | 14.5 | 13.5 | 12.1 | 8.1 | 3.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||
| Cash & Cash Equivalents | 549.1 | 552.1 | 618.2 | 825.2 | 361.3 | 568.5 | 189.7 | 234.2 | 254.4 | 125.0 | 70.6 | 71.2 | 3.2 | 5.0 | 3.8 | 2.4 | 2.8 | 3.4 | 1.6 | 2.1 | 1.7 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 323.7 | 168.5 | 64.1 | 66.8 | 91.1 | 48.6 | 51.0 | 49.5 | 49.3 | 47.7 | 3.9 | 6.5 | 2.5 | 2.0 | 2.6 | 9.1 | 8.8 | 9.4 | 8.9 | 3.6 | 1.2 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 4.7 | 7.7 | 42.6 | 32.8 | 53.9 | 29.2 | 53.0 | 37.9 | 22.8 | 16.3 | (74.5) | (77.6) | (5.7) | (7.0) | (6.4) | (11.5) | (11.6) | (12.8) | (10.5) | (5.7) | (2.9) |
| Total Current Assets | 939.8 | 783.6 | 781.8 | 973.9 | 707.2 | 727.8 | 336.1 | 348.3 | 348.0 | 202.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Assets | |||||||||||||||||||||
| Property, Plant & Equipment | 1,102.4 | 1,250.4 | 1,149.4 | 1,345.6 | 1,262.0 | 983.0 | 743.7 | 228.7 | 108.1 | 96.1 | 5,039.1 | 4,724.1 | 1,680.1 | 1,135.7 | 1,044.8 | 861.9 | 705.7 | 598.8 | 493.7 | 230 | 147 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 305.1 | 461.6 | 615.6 | 609.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1,531.9 | 1,516.9 | 1,487.3 | 1,653.5 | 1,915.0 | 1,943.5 | 1,487.5 | 1,129.8 | 633.9 | 392.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 30,507.7 | 33,671.4 | 32,891.3 | 30,934.7 | 25,725.2 | 19,173.6 | 15,823.3 | 12,758.2 | 11,014.0 | 9,663.9 | (5,039.1) | (4,724.1) | (1,680.1) | (1,135.7) | (1,044.8) | (861.9) | (705.7) | (598.8) | (493.7) | (230) | (147) |
| Total Non-Current Assets | 33,142.1 | 36,743.8 | 35,989.7 | 34,549.5 | 29,512.1 | 22,100.0 | 18,054.4 | 14,116.7 | 11,756.0 | 10,152.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 34,081.8 | 37,527.4 | 36,771.4 | 35,523.4 | 30,219.4 | 22,827.9 | 18,390.5 | 14,465.0 | 12,104.0 | 10,354.9 | 5,457.2 | 5,131.1 | 1,872.3 | 1,272.6 | 1,159.2 | 962.1 | 781.0 | 643.1 | 530.3 | 248.5 | 160.4 |
| Current Liabilities | |||||||||||||||||||||
| Account Payables | 510.6 | 534.8 | 524.4 | 389.7 | 513.4 | 285.0 | 199.0 | 215.5 | 349.9 | 366.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 353.2 | 0 | 100.0 | 0 | 270.0 | 100.0 | 384 | 208 | 50 | 28 | 0 | 0 | 0 | 0 | 0 | 0 | 3.9 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 876.3 | 691.9 | 548.5 | 449.6 | 326.9 | 276.8 | 275.9 | 250.9 | 248.9 | 231.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (304.2) | (418.9) | (64.9) | (56.4) | (58.5) | (56.3) | (34.5) | (30) | (20.7) | (10.7) | (4.6) |
| Total Current Liabilities | 2,182.6 | 1,957.8 | 2,001.1 | 1,672.9 | 1,733.0 | 1,146.0 | 1,261.0 | 1,060.6 | 741.0 | 702.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Liabilities | |||||||||||||||||||||
| Long-Term Debt | 12,047.4 | 12,244.4 | 11,215.7 | 10,159.8 | 8,521.9 | 7,463.3 | 6,393.5 | 5,270.3 | 4,714.8 | 4,136.0 | 2,746.9 | 2,938.1 | 1,186.9 | 709.0 | 614.9 | 573.2 | 427.4 | 350.5 | 309.8 | 70.8 | 113.2 |
| Deferred Tax Liabilities | 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 | 334.9 | 419.7 | 548.8 | 600.8 | 496.5 | 152.3 | 21.9 | (11.6) | (172.1) | (156.8) | (2,746.9) | (2,938.1) | (1,186.9) | (709.0) | (614.9) | (573.2) | (427.4) | (350.5) | (309.8) | (70.8) | (113.2) |
| Total Non-Current Liabilities | 12,742.8 | 13,171.2 | 12,147.3 | 11,167.2 | 9,453.1 | 8,238.1 | 6,963.1 | 5,509.6 | 4,879.8 | 4,270.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 14,925.4 | 15,129.0 | 14,148.4 | 12,840.2 | 11,186.1 | 9,384.1 | 8,224.0 | 6,570.2 | 5,620.8 | 4,972.6 | 3,092.6 | 3,385.9 | 1,251.8 | 765.4 | 673.4 | 629.5 | 461.8 | 380.5 | 330.5 | 81.6 | 120.8 |
| Stockholders' Equity | |||||||||||||||||||||
| Common Stock | 1.7 | 1.7 | 1.7 | 1.7 | 1.6 | 1.4 | 1.2 | 1.1 | 1.0 | 0.9 | 0.4 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0 | 0 |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.3 | 8.6 | 0 | 0 | 0 | 0 | 0 | (6.9) | (1.8) |
| Accumulated Other Comprehensive Income | (29.4) | (46.3) | (15.9) | (20.8) | (7.3) | (6.6) | (9.7) | (10.4) | 50.0 | 5.4 | (33.7) | (87.2) | 6.0 | (7.7) | (10.3) | (7.9) | 1.5 | (1.3) | 0 | 0 | 0 |
| Total Stockholders' Equity | 15,470.1 | 17,889.0 | 18,471.2 | 18,972.4 | 16,189.5 | 11,725.7 | 8,865.8 | 7,342.0 | 5,949.7 | 4,895.8 | 2,323.4 | 1,700.0 | 620.5 | 507.1 | 485.9 | 332.6 | 319.2 | 262.6 | 199.8 | 166.9 | 39.6 |
| Total Liabilities & Equity | 34,081.8 | 37,527.4 | 36,771.4 | 35,523.4 | 30,219.4 | 22,827.9 | 18,390.5 | 14,465.0 | 12,104.0 | 10,354.9 | 5,457.2 | 5,131.1 | 1,872.3 | 1,272.6 | 1,159.2 | 962.1 | 781.0 | 643.1 | 530.3 | 248.5 | 160.4 |
| Debt Metrics | |||||||||||||||||||||
| Total Debt | 12,761.1 | 12,751.5 | 11,698.5 | 10,566.5 | 9,226.6 | 7,909.0 | 7,049.3 | 5,478.3 | 4,853.0 | 4,223.5 | 2,746.9 | 2,938.1 | 1,186.9 | 709.0 | 614.9 | 573.2 | 431.3 | 350.5 | 309.8 | 70.8 | 113.2 |
| Net Debt | 12,212.0 | 12,199.4 | 11,080.3 | 9,741.3 | 8,865.3 | 7,340.5 | 6,859.6 | 5,244.1 | 4,598.6 | 4,098.5 | 2,676.3 | 2,866.9 | 1,183.8 | 704.0 | 611.1 | 570.8 | 428.5 | 347.1 | 308.2 | 68.7 | 111.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||
| Net Income | (1,438.0) | 510.7 | 281.0 | 670.7 | 654.3 | 827.2 | 404.0 | 402.8 | 194.2 | (49.8) | 63.4 | 60.2 | 59.6 | 40.0 | 30.3 | 26.0 | 22.1 | 19.4 | (2.8) | 2.2 |
| Depreciation & Amortization | 1,350.5 | 1,116.7 | 1,000.1 | 927.8 | 766.3 | 640.9 | 544.6 | 477.7 | 416.8 | 313.4 | 61.0 | 44.7 | 40.7 | 36.1 | 31.5 | 24.9 | 18.9 | 10.3 | 4.9 | 2.4 |
| Stock-Based Compensation | 41.1 | 59.6 | 82.9 | 57.7 | 48.7 | 43.5 | 43.6 | 35.0 | 25.6 | 25.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (297.8) | (200.5) | 2.0 | (122.7) | (95.3) | (70.4) | (37.2) | (55.6) | (56.3) | (42.6) | (7.2) | (38.0) | (20.0) | (17.4) | (4.3) | (19.9) | (0.3) | (3.6) | (2.4) | (6.2) |
| Other Non-Cash Items | 1,758.3 | 17.9 | 264.5 | (239.2) | (363.8) | (558.6) | (128.7) | (108.0) | (118.1) | (46.0) | 3.4 | 0.8 | (5.6) | 8.3 | 2.8 | 1.8 | 1.6 | 0 | 4.2 | 0 |
| Operating Cash Flow | 1,414.0 | 1,504.5 | 1,630.5 | 1,294.3 | 1,010.2 | 882.5 | 683.9 | 570.3 | 450.3 | 392.5 | 120.7 | 67.8 | 74.8 | 67.0 | 60.3 | 32.9 | 42.3 | 26.1 | 3.9 | (1.6) |
| Investing Activities | ||||||||||||||||||||
| Capital Expenditure | 0 | 0 | 0 | 0 | (7,333.9) | 0 | 0 | (1,944.2) | (1,553.8) | (1,436.5) | (434.2) | (451.0) | (175.3) | (213.5) | (57.4) | (118.9) | (109.8) | (240.8) | (87.6) | (94.9) |
| Acquisitions | 165.5 | (1.0) | (0.7) | (1.0) | 372.2 | 16.8 | (102.1) | (83.3) | (39.6) | (11.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (2,128.3) | (236.4) | (189.5) | (242.9) | (408.6) | (174.7) | (190.8) | (235.9) | (171.9) | (102.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 2,490.4 | 173.9 | 183.4 | 198.3 | 424.6 | 141.1 | 129.2 | 103.7 | 30.5 | 38.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | (1,447.3) | (2,493.9) | (5,034.9) | (7,495.6) | (3,261.4) | (3,477.7) | (2) | (3.3) | 14.7 | 1.3 | 0.3 | 35.5 | (14.4) | (134.8) | (13.5) | 0 | (6) | 0 | 0 |
| Investing Cash Flow | 527.6 | (1,510.7) | (2,500.6) | (5,080.5) | (7,107.3) | (3,278.2) | (3,641.3) | (2,161.8) | (1,738.1) | (1,496.6) | (432.9) | (450.7) | (139.8) | (227.8) | (192.2) | (132.5) | (109.8) | (246.8) | (87.6) | (94.9) |
| Financing Activities | ||||||||||||||||||||
| Net Debt Issuance | 146.5 | 928.7 | 1,156.1 | 1,373.8 | 1,255.7 | 796.7 | 1,291.0 | 718.2 | 602.4 | 6.1 | 196.7 | 347.0 | 109.5 | 47.2 | 142.3 | 71.0 | 28.9 | 206.2 | (42.3) | 72.3 |
| Stock Repurchased | (208.2) | (50.1) | 0 | 0 | 0 | 0 | 0 | (14.0) | (148.3) | (206.8) | 0 | (38.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (911.5) | (898.6) | (847.5) | (757.7) | (656.0) | (533.0) | (451.2) | (385.8) | (321.8) | (262.8) | (73.1) | (58.4) | (49.3) | (41.4) | (32.8) | (28.4) | (23.6) | (19.2) | (9.9) | (1.6) |
| Other Financing Activities | (976.2) | (100.4) | 261.7 | 1,267.3 | 1,787.5 | 170.8 | 880.5 | (23.3) | 12.6 | 125.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (2.6) | 2.4 |
| Financing Cash Flow | (1,949.3) | (93.3) | 674.2 | 4,229.8 | 5,916.4 | 2,750.4 | 2,927.5 | 1,588.4 | 1,420.3 | 1,105.5 | 313.0 | 381.1 | 66.2 | 162.2 | 131.4 | 98.9 | 69.4 | 220.1 | 84.1 | 97.3 |
| Cash Position | ||||||||||||||||||||
| Net Change in Cash | (6.1) | (100.9) | (197.2) | 442.7 | (182.5) | 355.0 | (29.4) | (5.1) | 129.3 | (0.1) | 0.8 | (1.8) | 1.2 | 1.4 | (0.4) | (0.7) | 1.8 | (0.5) | 0.4 | 0.8 |
| Cash at Beginning | 559.8 | 660.8 | 858.0 | 415.2 | 597.7 | 242.7 | 272.1 | 277.2 | 125.0 | 125.1 | 3.2 | 5.0 | 3.8 | 2.4 | 2.8 | 3.4 | 1.6 | 2.1 | 1.7 | 0.9 |
| Cash at End | 553.8 | 559.8 | 660.8 | 858.0 | 415.2 | 597.7 | 242.7 | 272.1 | 254.4 | 125.0 | 3.9 | 3.2 | 5.0 | 3.8 | 2.4 | 2.8 | 3.4 | 1.6 | 2.1 | 1.7 |
| Free Cash Flow | 1,414.0 | 1,504.5 | 1,630.5 | 1,294.3 | (6,323.7) | 882.5 | 683.9 | (1,373.8) | (1,103.5) | (1,044.0) | (313.5) | (383.2) | (100.5) | (146.4) | 3.0 | (86.0) | (67.5) | (214.7) | (83.7) | (96.5) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||
| Revenue | 2,970.7 | 3,049.7 | 2,842.5 | 2,576.0 | 2,108.2 | 1,893.8 | 1,516.9 | 1,327.5 | 1,124.5 | 897.9 | 819.6 | 726.9 | 631.2 | 586.1 | 510.0 | 487.3 | 491.4 | (78.8) | 317.0 | 245.4 | 195.0 | 154.6 | 134.1 | 119.7 | 98.7 | 81.1 | 66.5 | 47 | 27.8 | 11.4 |
| Gross Profit | 2,048.1 | 2,140.4 | 1,983.3 | 1,792.9 | 1,484.7 | 1,363.6 | 1,071.4 | 946.3 | 798.9 | 619.5 | 558.3 | 507.7 | 442.1 | 411.6 | 341.4 | 355.0 | 370.9 | (193.3) | 217.8 | 245.4 | 195.0 | 154.6 | 134.1 | 119.7 | 98.7 | 81.1 | 66.5 | 47 | 27.8 | 11.4 |
| Operating Income | (1,202.3) | 769.7 | 690.4 | 613.5 | 512.2 | 1,230.2 | 417.9 | 422.3 | 180.7 | 41.1 | 136.6 | 180.9 | 130.9 | 103.4 | 194.8 | 204.9 | 215.9 | 201.7 | 182.1 | 144.8 | 112.5 | 88.9 | 86.1 | 65.0 | 59.4 | 51.8 | 41.8 | 33.4 | 4.2 | 8.5 |
| Net Income | (1,430.5) | 322.9 | 103.6 | 521.7 | 571.2 | 771.0 | 363.2 | 517.3 | 169.1 | (65.9) | 144.2 | 101.6 | 136.2 | 102.1 | 131.4 | 135.3 | 134.6 | 116.3 | 93.7 | 73.4 | 63.4 | 60.2 | 59.6 | 40.0 | 30.3 | 26.0 | 22.1 | 19.4 | (2.8) | 2.2 |
| EPS (Diluted) | -8.44 | 1.80 | 0.54 | 3.18 | 3.82 | 4.67 | 1.59 | 5.01 | 1.58 | -0.87 | 1.63 | 1.01 | 1.60 | 1.09 | 1.73 | 2.19 | 2.72 | 3.09 | 2.63 | 2.25 | 2.22 | 2.33 | 3.10 | 1.76 | 1.64 | 1.77 | 1.46 | 1.58 | -0.35 | 0.60 |
| Balance Sheet | ||||||||||||||||||||||||||||||
| Cash & Equivalents | 549.1 | 552.1 | 618.2 | 825.2 | 361.3 | 568.5 | 189.7 | 234.2 | 254.4 | 125.0 | 70.6 | 71.2 | 3.2 | 5.0 | 3.8 | 2.4 | 2.8 | 3.4 | 1.6 | 2.1 | 1.7 | |||||||||
| Total Assets | 34,081.8 | 37,527.4 | 36,771.4 | 35,523.4 | 30,219.4 | 22,827.9 | 18,390.5 | 14,465.0 | 12,104.0 | 10,354.9 | 5,457.2 | 5,131.1 | 1,872.3 | 1,272.6 | 1,159.2 | 962.1 | 781.0 | 643.1 | 530.3 | 248.5 | 160.4 | |||||||||
| Total Debt | 12,761.1 | 12,751.5 | 11,698.5 | 10,566.5 | 9,226.6 | 7,909.0 | 7,049.3 | 5,478.3 | 4,853.0 | 4,223.5 | 2,746.9 | 2,938.1 | 1,186.9 | 709.0 | 614.9 | 573.2 | 431.3 | 350.5 | 309.8 | 70.8 | 113.2 | |||||||||
| Stockholders' Equity | 15,470.1 | 17,889.0 | 18,471.2 | 18,972.4 | 16,189.5 | 11,725.7 | 8,865.8 | 7,342.0 | 5,949.7 | 4,895.8 | 2,323.4 | 1,700.0 | 620.5 | 507.1 | 485.9 | 332.6 | 319.2 | 262.6 | 199.8 | 166.9 | 39.6 | |||||||||
| Cash Flow | ||||||||||||||||||||||||||||||
| Operating Cash Flow | 1,414.0 | 1,504.5 | 1,630.5 | 1,294.3 | 1,010.2 | 882.5 | 683.9 | 570.3 | 450.3 | 392.5 | 120.7 | 67.8 | 74.8 | 67.0 | 60.3 | 32.9 | 42.3 | 26.1 | 3.9 | (1.6) | ||||||||||
| Capital Expenditure | 0 | 0 | 0 | 0 | (7,333.9) | 0 | 0 | (1,944.2) | (1,553.8) | (1,436.5) | (434.2) | (451.0) | (175.3) | (213.5) | (57.4) | (118.9) | (109.8) | (240.8) | (87.6) | (94.9) | ||||||||||
| Free Cash Flow | 1,414.0 | 1,504.5 | 1,630.5 | 1,294.3 | (6,323.7) | 882.5 | 683.9 | (1,373.8) | (1,103.5) | (1,044.0) | (313.5) | (383.2) | (100.5) | (146.4) | 3.0 | (86.0) | (67.5) | (214.7) | (83.7) | (96.5) | ||||||||||