ARMOUR Residential REIT, Inc. logo ARR - ARMOUR Residential REIT, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 5
HOLD 15
SELL 5
STRONG
SELL
0
| PRICE TARGET: $18.25 DETAILS
HIGH: $18.50
LOW: $18.00
MEDIAN: $18.25
CONSENSUS: $18.25
UPSIDE: 10.14%
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 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3
Revenue
Revenue 56.0 349.0 393.5 194.5 368.2 (222.5) 411.5 36.2 14.7 550.5 (309.2) (11.1) 219.5 129.0 (460.6) (242.1) (401.5) (47.3) (15.3) 33.8 (64.0) 43.8 61.6 (108.3) (210.3) 96.4 25.8 21.6 69.2 (9.9) 43.2 13.6 (11.0) 65.4 60.7 90.4 55.7 (81.9) 119.0 24.3 (269.3) 127.0 (212.2) 207.3 (116.3) (133.9) 63.1 (67.7) (16.9) (538.4) (220.3) 490.7 110.9 123.4 81.4 86.2 77.0 31.8 (28.1) (4.8) 13.4 8.4 (0.1) (0.2) 0.7 0.5 0.1 0.1 (0.2) 0 0 0 0 0 0
Cost of Revenue 12.2 10.3 10.1 9.4 9.1 8.6 8.3 8.2 8.2 8.1 8.1 7.7 7.6 6.9 6.6 6.3 6.2 6.1 5.8 5.6 5.0 4.4 4.4 4.4 7.5 7.4 7.4 7.5 7.3 6.8 6.8 6.8 6.8 6.8 6.7 6.5 6.5 6.5 6.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19.2 11.1 6.9 4.7 3.5 0.3 3.4 0.6 0.0 0.3 0.1 0.0 0 0 0 0 0 0.1 0.2 0 0
Gross Profit 43.7 338.7 383.4 185.1 359.1 (231.0) 403.2 28.0 6.5 542.4 (317.3) (18.9) 211.9 122.2 (467.2) (248.4) (407.7) (53.4) (21.1) 28.1 (69.1) 39.4 57.1 (112.8) (217.8) 89.0 18.4 14.1 61.9 (16.7) 36.4 6.8 (17.8) 58.6 54.0 83.8 49.2 (88.4) 112.5 24.3 (269.3) 127.0 (212.2) 207.3 (116.3) (133.9) 63.1 (67.7) (9.9) (531.2) (220.3) 490.7 110.9 123.4 62.1 75.1 70.0 27.1 (31.6) (5.1) 10.0 7.8 (0.1) (0.5) 0.6 0.5 (0.2) (0.2) (0.2) 0 0 (0.1) (0.2) 0 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 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.9 0.7 0.7 0.7 0.7 0.8 0.8 0.9 0.9 0.9 0.9 2.0 0.3 0.3 (14.2) 0.5 5.3 0.5 3.0 2.5 1.8 1.2 0.4 0.3 0.2 0.3 (1.1) 1.1 0 0.2 1.8 0.2 0 0 0.2 0.0
Other Expenses 3.1 (59.1) 52.5 113.0 195.2 (324.4) 212.1 (46.6) (144.2) 302.4 (288.1) (190.9) 137.0 17.6 (367.2) (202.9) (343.7) (34.0) (56.7) 95.8 (142.9) (45.1) (1.2) (164.5) 187.9 (79.2) 79.4 197.3 176.3 149.1 (11.3) (6.8) (62.5) (12.4) 0 0 0 0 0 6.7 (0.3) 2.2 (0.9) (1.0) (0.7) 2.7 (0.5) (0.7) (17.8) (0.5) (0.4) (0.6) (0.7) (1.3) 0.7 0.4 52.7 24.1 0.4 0.3 8.7 0.1 0.0 0.3 0.3 2.3 0 0.7 0 0 0 0.1 0.2 0 0
Operating Expenses 3.1 (59.1) 52.5 113.0 195.2 (324.4) 212.1 (46.6) (144.2) 302.4 (288.1) (190.9) 137.0 17.6 (367.2) (202.9) (343.7) (34.0) (56.7) 95.8 (142.9) (45.1) (1.2) (164.5) 187.9 (79.2) 79.4 197.3 176.3 149.1 (11.3) (6.8) (62.5) (12.4) 0 0 0 0 0 7.6 2.7 5.4 1.4 1.2 1.4 6.5 56.1 (67.7) (16.9) 6.4 (226.8) 482.8 104.3 7.7 7.2 5.7 53.3 3.3 (31.6) 26.8 1.4 0.5 0.4 (0.2) 0.3 (1.6) 1.1 0.7 0.2 1.8 0.2 0.1 0.2 0.2 0.0
Operating Income
Operating Income 40.6 397.8 330.9 72.2 163.9 93.4 191.1 74.6 150.7 240 (29.1) 172.0 74.9 104.6 (100.0) (45.6) (64.0) (19.3) 35.6 (67.6) 73.8 84.5 58.4 51.7 (405.6) 168.1 (61.0) (183.2) (114.4) (165.8) 47.7 13.6 44.7 71.0 27.7 29.7 52.7 94.1 118.7 15.4 (277.2) 118.8 (207.1) 211.9 (111.3) (127.2) 69.3 (69.5) (5.0) (524.5) (212.1) 505.0 127.8 (189.6) 54.9 69.4 65.2 33.1 (34.5) (7.3) 8.6 0.9 (0.2) (0.6) 0.3 2.1 (1.1) (0.7) (0.2) (1.8) (0.2) (0.1) (0.2) (0.2) (0.0)
Interest Expense 178.5 186.1 171.7 147.8 136.5 139.8 125.2 123.0 136.1 140.4 150.0 129.1 106.2 61.0 44.3 13.0 2.4 1.4 1.6 1.5 2.5 3.1 3.0 5.4 51.5 59.5 80.3 87.5 61.0 46.1 40.4 35.7 32.0 28.8 0 0 0 0 0 18.3 19.1 16.7 14.4 13.9 14.2 16.0 15.2 19.2 14.7 16.2 17.9 23.6 25.5 0 19.2 11.1 6.9 0 0 0 0 0 0 0 0 0 0.1 0 0 0 0 0 0 0 0
Interest Income 0 236.5 210.2 180.9 172.9 152.5 127.1 129.9 141.5 146.2 153.6 134.6 118.5 77.5 74.0 48.4 33.3 22.0 22.0 18.2 18.6 22.6 25.7 28.6 92.9 100.5 115.9 128.4 94.8 76.6 72.6 65.8 68.2 69.0 0 0 0 0 0 65.1 78.5 88.4 85.6 91.7 99.5 106.5 107.5 113.9 123.1 121.2 112.4 141.2 130.6 0 116.7 86.2 62.8 0 0 0 0 0 0 0 0 0 0 0.1 0.1 0 1.3 1.4 2.2 0 0
Profitability
EBITDA (42.4) 397.8 330.9 72.2 163.9 93.4 191.1 74.6 150.7 240 (29.1) 172.0 74.9 100.4 (100.0) (45.6) (64.0) (19.3) 35.6 (67.6) 73.8 84.5 61.3 57.2 (355.1) 168.1 19.3 (95.7) (53.4) (165.8) 88.1 49.3 76.8 99.9 27.7 29.7 52.7 94.1 118.7 24.8 (260.3) 0 (207.1) 0 0 0 0 0 (5.0) (524.5) 0 0 0 115.7 54.9 (13.6) 65.2 23.7 (34.5) (7.3) 0 0 0 (0.7) 0.3 0 0 0 0.0 0 1.1 1.3 2.0 0.9 0
EBIT (42.4) 397.8 330.9 72.2 163.9 93.4 191.1 74.6 150.7 240 (29.1) 172.0 74.9 100.4 (100.0) (45.6) (64.0) (19.3) 35.6 (67.6) 73.8 84.5 61.3 57.2 (355.1) 168.1 19.3 (95.7) (53.4) (165.8) 88.1 49.3 76.8 99.9 27.7 29.7 52.7 94.1 118.7 39.5 (538.3) 0 (428.7) 0 0 0 0 0 0 (1,065.3) 0 0 0 (189.6) 0 0 0 0 0 (31.9) 0.0 (6.4) 0.3 0 0 0 0 0 0 0 0 0 0 0 0
Income Before Tax (54.9) 211.7 159.3 (75.6) 27.3 (46.4) 65.9 (48.4) 14.5 99.6 (179.2) 43.0 (31.4) 39.4 (144.3) (58.6) (66.4) (20.8) 34.0 (69.2) 71.3 81.4 58.4 51.7 (406.7) 108.7 (61.0) (183.2) (114.4) (212.0) 47.7 13.6 44.7 71.0 27.7 29.7 52.7 94.1 118.7 21.2 (279.5) 117.8 (221.6) 198.0 (125.5) (143.2) 54.1 (70.2) (19.8) (540.8) (230.0) 481.4 102.3 115.7 54.9 (13.6) 65.2 23.7 (34.5) (7.3) 8.6 7.2 (0.5) (0.7) 0.3 0.2 (1.0) (0.6) (0.1) (1.3) 1.1 1.3 2.0 1.5 (0.0)
Income Tax Expense 0 0 0 0 0 0 0 0 0 (0.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (110.1) 0 52.0 17.8 49 75.1 31.7 33.6 56.6 98.0 122.6 18.6 0 0 (217.6) 201.9 (121.6) (139.3) 58.0 0 (15.9) (536.9) (0.0) 485.3 104.8 0.0 0.0 0.0 (0.0) 0.0 0.0 0.0 0.0 (0.2) 0.0 0 0.0 0 (0.1) (0.1) (0.1) 0.2 0.5 0.5 0.8 0.6 0
Net Income (54.9) 211.7 159.3 (75.6) 27.3 (46.4) 65.9 (48.4) 14.5 99.6 (179.2) 43.0 (31.4) 39.4 (144.3) (58.6) (66.4) (20.8) 34.0 (69.2) 71.3 81.4 58.4 51.7 (406.7) 108.7 (61.0) (183.2) (114.4) (212.0) 47.7 9.3 44.7 71.0 27.7 29.7 52.7 94.1 118.7 21.2 (279.5) 117.8 (221.6) 198.0 (125.5) (143.2) 54.1 (70.2) (19.8) (540.8) (229.9) 481.4 102.3 115.7 54.9 (13.6) 65.2 23.7 (34.5) (7.3) 8.6 7.4 (0.5) (0.7) 0.3 0.2 (0.9) (0.5) 0.0 (1.5) 0.6 0.8 1.2 0.9 (0.0)
Per Share Data
EPS (Basic) -0.49 1.86 1.50 -0.94 0.32 -0.95 1.22 -1.05 0.24 1.98 -3.92 1.01 -0.93 1.12 -5.98 -2.90 -3.61 -1.30 1.84 -4.75 5.22 6.09 4.33 3.88 -34.77 8.91 -5.45 -15.72 -11.06 -25.34 5.17 1.10 4.83 7.98 2.88 3.51 6.65 12.28 15.64 2.35 -38.65 14.24 -25.90 22.10 -14.80 -16.47 5.62 -8.40 -2.80 -33.69 -25.23 51.26 11.81 14.87 8.04 -0.60 19.20 3.84 -3.52 -1.09 13.20 3.60 -0.49 -1.78 1.04 -0.40 -0.30 -0.17 0.01 -0.51 0.80 0.80 2.00 0.22 -0.00
EPS (Diluted) -0.49 1.86 1.49 -0.94 0.32 -0.95 1.21 -1.05 0.24 1.96 -3.92 1.00 -0.93 1.12 -5.98 -2.89 -3.61 -1.30 1.80 -4.74 5.15 6.09 4.30 3.85 -34.77 8.91 -5.45 -15.72 -11.06 -25.34 5.10 1.10 4.80 7.65 2.88 3.50 6.65 12.24 15.60 2.35 -38.63 14.24 -25.88 22.00 -14.66 -16.47 5.60 -8.30 -2.65 -33.69 -25.13 51.20 11.60 14.74 8.00 -0.60 19.20 3.84 -17.60 -5.60 13.20 3.60 -2.40 -8.80 5.20 -0.40 -0.30 -0.17 0.01 -0.51 0.80 0.80 2.00 0.22 -0.00
Shares Outstanding 119.6 112.2 104.3 83.8 75.2 52.2 51.6 48.8 48.8 48.9 46.5 39.7 36.9 32.6 24.6 21.2 19.2 18.3 16.8 14.6 13.2 13.0 13.0 12.8 11.8 11.8 11.8 11.9 10.7 8.5 8.5 8.5 8.4 8.4 8.3 7.4 7.3 7.3 7.3 7.3 7.3 8.0 8.7 8.8 8.7 8.9 9.0 8.8 8.5 16.2 9.3 9.3 8.5 7.7 6.8 22.6 16.9 16.9 9.8 1.3 3.3 3.3 0.9 0.4 0.3 0.3 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.9 0.9
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 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3
Current Assets
Cash & Cash Equivalents 66.5 290.0 44.2 141.2 49.1 68.0 63.9 126.6 221.3 258.9 147.1 216.2 259.3 118.1 307.8 233.7 326.1 356.2 156.2 530.3 330.4 171.7 267.6 180.7 684.2 273.2 160.5 211.7 167.4 221.7 266.7 335.5 216.5 265.2 299.9 412.1 194.5 271.8 401.8 389.4 243.3 21.9 2.8 6.7 0.1 0.1 0.2
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 12,007.0 13,623.5 12,707.4 7,052.0 6,961.4 6,253.3 6,245.4 7,479.0 7,093.7 6,906.3 6,135.1 6,511.2 7,041.2 7,742.3 10,474.0 0 0 118.6 0 0 0
Net Receivables 88.6 86.2 376.2 64.1 62.2 52.9 49 37.0 82.2 47.1 150.9 140.6 49.7 28.8 1,123.6 448.8 17.4 10.6 92.3 10.0 369.8 12.8 13.2 13.0 697.7 35.1 36.4 42.2 39.6 22.5 22.4 235.6 89.3 22.2 20.6 18.6 668.4 18.5 19.3 104.8 28.9 3.7 24.1 0.9 0 0.1 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 (83.1) (186.9) (403.0) (332.1) (470.6) (324.0) (245.1) (64.4) (35.1) (34.2) (2,461.9) (7,724.8) (1,411.9) (1,490.1) (626.7) 0 0 0 0 0 0
Other Current Assets 0 (226.7) (420.4) (205.3) 0 (120.8) (112.9) (163.6) (303.5) (306.0) (298.0) (356.8) (309.1) (146.9) (1,431.4) (682.5) (343.6) (366.8) (248.5) (540.3) (700.1) (184.5) (280.8) (193.7) (1,382.0) (308.3) 0 0 0 0 0 0 0 0 1,079.4 1,110.1 1,812.6 0 1,411.9 1,406.8 626.7 3.9 0 0.3 0.6 0.7 0
Total Current Assets 155.1 149.4 0 0 111.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 196.9 253.9 207.0 244.2 289.1 354.9 237.0 265.2 7,414.3 7,337.1 6,348.6 271.8 7,462.3 8,153.1 10,746.2 29.6 27.1 126.6 0.7 0.9 0.2
Non-Current Assets
Property, Plant & Equipment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 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 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 21,148.8 20,627.9 806.7 1,235.3 0 642.6 1,173.8 840.2 601.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12,007.0 13,623.5 12,707.4 7,150.6 7,059.4 6,253.3 6,916.1 7,479.0 7,093.7 6,906.3 6,135.1 6,511.2 7,041.2 7,742.3 10,474.0 477.6 164.6 0.1 0 249.4 0
Other Non-Current Assets (21,148.8) (20,627.9) (806.7) (1,235.3) 0 (642.6) (1,173.8) (840.2) (601.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (12,007.0) (13,623.5) (12,707.4) 1,069.8 (7,059.4) (6,253.3) (6,916.1) 1,184.7 (7,093.7) (6,906.3) (6,135.1) 1,195.2 (7,041.2) (7,742.3) (10,474.0) 0 0 0 249.5 0 0.3
Total Non-Current 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 0 0 12,007.0 13,623.5 12,707.4 8,220.4 7,059.4 6,253.3 6,916.1 8,663.7 7,093.7 6,906.3 6,135.1 7,706.4 7,041.2 7,742.3 10,474.0 477.6 164.6 0.1 249.5 249.4 0.3
Total Assets 21,454.6 21,005.2 19,357.2 16,240.7 15,496.9 13,548.0 13,404.5 10,052.4 12,208.3 12,344.4 13,914.2 12,539.1 13,249.3 9,437.0 10,915.3 8,857.0 8,706.9 5,277.3 4,987.9 5,137.4 5,349.5 5,524.5 5,944.5 5,564.0 5,065.2 13,272.4 13,223.3 14,923.7 13,972.8 8,464.6 8,680.9 8,097.0 8,471.3 8,928.9 8,578.2 8,453.7 8,142.4 7,978.2 8,855.0 9,538.4 11,344.0 507.2 191.6 126.7 250.2 250.3 0.5
Current Liabilities
Account Payables 89.9 2.2 70.8 49.7 0 40.6 40.6 47.2 75.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20.2 49.4 27.8 13.9 16.0 11.8 10.6 9.4 11.5 10.2 10.1 14.2 15.3 13.8 10.9 115.1 0.1 58.6 0.8 0.6 0
Short-Term Debt 18,463.8 17,941.8 0 0 0 0 0 0 0 9,648.0 11,504.2 9,121.3 10,554.5 6,463.1 8,250.1 6,692.5 6,440.0 3,948.0 3,450.4 3,661.4 3,810.8 4,536.1 4,510.8 4,237.6 3,465.5 11,354.5 11,794.9 13,425.0 0 0 7,224.6 0 0 7,563.9 7,253.3 0 0 6,868.1 7,603.9 0 0 0 0 0 0 0 0.3
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 (11,774.7) (13,375.6) (12,182.5) (7,048.3) (7,208.6) (6,242.5) (6,850.0) (7,554.5) (7,241.8) (6,317.3) (6,506.7) (6,853.9) (7,588.6) (8,246.4) (10,211.6) 0 0 0 0 8.4 0
Other Current Liabilities (18,701.9) (2.2) (143.7) (683.8) 0 (144.1) (627.9) (388.5) (274.8) 209.8 40.6 662.4 55.8 382.4 713.5 369.1 694.8 3.7 216.1 211.3 301.4 4.2 523.9 448.8 482.9 394.2 (11,815.1) (13,474.4) (226.0) (179.9) (7,240.6) (474.2) (238.0) (7,573.3) (7,264.8) (838.8) (477.7) (6,882.3) (7,619.2) (114.7) (25.9) (115.7) 169.1 (58.4) 8.4 0 0
Total Current Liabilities 0 17,941.8 0 0 0 0 0 0 0 9,857.8 11,544.8 9,783.7 10,610.3 6,845.4 8,963.6 7,061.7 7,134.8 3,951.7 3,666.5 3,872.7 4,112.2 4,540.3 5,034.7 4,686.4 3,948.4 11,748.8 20.2 49.4 27.8 13.9 16.0 11.8 10.6 9.4 11.5 10.2 10.1 14.2 15.3 13.8 10.9 452.8 170.2 105.2 9.4 9.1 0.4
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 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 0 0 0 0 0 0
Other Non-Current Liabilities 19,117.6 802.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 74.9 74.9 0
Total Non-Current Liabilities 19,117.6 802.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 452.4 169.8 104.8 74.9 74.9 0
Total Liabilities 19,117.6 18,744.1 17,228.5 14,580.8 13,793.0 12,186.5 12,087.6 8,891.1 10,961.2 11,073.2 12,678.1 11,256.1 12,034.2 8,324.7 9,971.1 7,884.3 7,685.0 4,133.7 3,844.2 4,028.9 4,322.3 4,586.2 5,052.2 4,712.8 4,278.9 11,835.7 11,840.4 13,547.6 12,486.2 7,339.3 7,472.6 6,890.5 7,226.3 7,602.9 7,265.5 7,168.6 7,005.0 6,886.1 7,634.7 8,398.9 10,248.4 452.8 170.2 105.2 84.3 83.9 0.4
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings (3,329.5) (3,185.2) (729.9) (889.1) (3,254.1) (840.9) (794.4) (860.3) (811.9) (3,047.0) (3,084.6) (2,845.6) (2,837.3) (2,750.9) (2,743.3) (2,558.8) (2,465.1) (2,366.6) (2,314.9) (2,320.4) (2,225.0) (2,273.8) (2,333.3) (2,369.7) (2,413.3) (1,973.4) (2,048.2) (1,953.6) (1,731.9) (1,583.2) (1,342.5) (1,361.7) (1,346.9) (1,363.2) (1,406.1) (1,406.4) (1,411.2) (1,439.1) (1,505.0) (1,595.5) (1,586.7) (3.4) (1.8) (1.2) 0.8 1.3 (0.0)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0 (11.5) (14.6) (6.2) 28.4 107.0 124.0 144.6 136.8 179.0 200.2 196.7 225.0 355.5 405.7 316.3 143.3 (43.9) (172.2) (145.1) (120.8) (20.1) 25.2 14.1 (11.9) (29.1) 165.3 175.2 122.7 3.0 0.6 0.0 0 0 0
Total Stockholders' Equity 2,337.0 2,261 2,128.8 1,660.0 1,703.8 1,361.4 1,316.9 1,161.3 1,247.1 1,271.2 1,236.0 1,283.0 1,215.1 1,112.4 944.1 972.7 1,021.9 1,143.6 1,143.7 1,108.5 1,027.2 938.3 892.3 851.2 786.2 1,436.7 1,382.9 1,376.0 1,486.7 1,125.3 1,208.3 1,206.5 1,245.0 1,326.1 1,312.7 1,285.1 1,137.4 1,092.1 1,220.3 1,139.5 1,095.6 54.3 21.4 21.5 165.9 166.4 0.0
Total Liabilities & Equity 21,454.6 21,005.1 19,357.2 16,240.7 15,496.9 13,548.0 13,404.5 10,052.4 12,208.3 12,344.4 13,914.2 12,539.1 13,249.3 9,437.0 10,915.3 8,857.0 8,706.9 5,277.3 4,987.9 5,137.4 5,349.5 5,524.5 5,944.5 5,564.0 5,065.2 13,272.4 13,223.3 14,923.7 13,972.8 8,464.6 8,680.9 8,097.0 8,471.3 8,928.9 8,578.2 8,453.7 8,142.4 7,978.2 8,855.0 9,538.4 11,344.0 507.2 191.6 126.7 250.2 250.3 0.5
Debt Metrics
Total Debt 18,463.8 17,941.8 0 0 0 0 0 0 0 9,648.0 11,504.2 9,121.3 10,554.5 6,463.1 8,250.1 6,692.5 6,440.0 3,948.0 3,450.4 3,661.4 3,810.8 4,536.1 4,510.8 4,237.6 3,465.5 11,354.5 11,794.9 13,425.0 12,210.3 7,062.2 7,224.6 6,254.4 6,860.6 7,563.9 7,253.3 6,327.4 6,516.8 6,868.1 7,603.9 8,260.2 10,222.5 0 0 0 0 0 0.3
Net Debt 18,397.4 17,651.8 (44.2) (141.2) (49.1) (68.0) (63.9) (126.6) (221.3) 9,389.1 11,357.1 8,905.1 10,295.2 6,345.0 7,942.3 6,458.8 6,113.9 3,591.8 3,294.2 3,131.1 3,480.4 4,364.4 4,243.2 4,056.9 2,781.2 11,081.4 11,634.4 13,213.3 12,043.0 6,840.5 6,957.9 5,918.8 6,644.1 7,298.6 6,953.4 5,915.3 6,322.3 6,596.3 7,202.1 7,870.8 9,979.2 (21.9) (2.8) (6.7) (0.1) (0.1) 0.2
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 Q2 2016 Q1
Operating Activities
Net Income (54.9) 322.7 159.3 (75.6) 27.3 (46.4) 65.9 (48.4) 14.5 99.6 (179.2) 43.0 (31.4) 39.4 (144.3) (58.6) (66.4) (20.8) 34.0 (69.2) 71.3 81.4 58.4 51.7 (406.7) 108.7 (61.0) (183.2) (114.4) (212.0) 47.7 13.6 44.7 71.0 27.7 29.7 52.7 94.1 118.7 21.2 (279.5)
Depreciation & Amortization 3.3 2.5 (0.2) (0.2) 0 0 0 0 0 0 0 0 1.1 16.5 0 0 6.7 48.1 0 0 15.8 53.4 0 0 14.2 0 0 0 7.3 37.1 0 0 10.9 49.7 0 0 13.9 85.6 0 0 21.4
Stock-Based Compensation 0.6 0.6 0.6 0.5 0.5 0.7 0.8 0.8 1.1 0.9 0.8 0.8 0.7 0.8 1.0 1.0 0.9 1.1 1.2 1.2 1.2 1.0 1.0 1.0 1.0 0.7 0.7 0.7 0.6 0.4 0.7 0.6 0.6 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2
Change in Working Capital (30.7) (404.9) (14.1) 113.9 269.7 (238.2) 266.2 (20.1) (46.0) 363.9 (257.1) (200.8) 184.7 113.4 (304.0) (228.5) (357.7) (34.3) (65.8) 90.5 (122.4) (57.1) (4.7) (180.3) 139.0 (46.1) (30.6) 125.0 93.0 145.3 (59.5) (43.4) (96.4) (52.4) (8.0) 44.7 (61.7) (176.6) (24.8) (48.5) 55.0
Other Non-Cash Items 193.2 114.7 (183.3) (13.7) (196.0) 374.4 (285.8) 94.8 127.3 (404.1) 462.6 148.1 (100.9) (62.7) 537.7 296.1 339.5 41.3 18.1 (6.8) 71.1 11.8 (1.7) (35.9) 82.2 8.3 22.1 25.4 9.4 94.1 41.2 47.0 50.4 (5.6) 17.2 (10.0) 3.7 50.6 (20.5) (9.4) 15.6
Operating Cash Flow 111.6 35.6 (37.8) 25.0 101.5 90.4 47.1 27.1 96.8 60.3 27.2 (8.9) 54.2 107.4 90.4 9.9 (83.7) (12.6) (12.5) 15.7 21.2 37.1 53.0 (163.5) (184.4) 71.6 (68.8) (32.2) (11.3) 27.8 30.1 17.9 (0.6) 13.3 37.3 64.6 (5.0) (31.7) 73.6 (36.6) (208.7)
Investing Activities
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (73.2) 0
Purchases of Investments (2,022.6) 0 (4,488.3) (775.9) 0 0 0 (772.3) (97.0) (354.6) (491.8) (1,942.6) (619.4) (827.6) (551.6) (786.7) (2,654.6) (199.0) (398.8) 0 (390.1) (1,217.2) 0 (858.2) (3,763.6) 0 (257.7) (1,326.3) (101.0) (4,051.1) (97.7) 0 (668.1) (5,813.4) 0 410.7 (1,408.2) (2,201.5) 0 0 (266.8)
Sales/Maturities of Investments 990.8 0 467.1 992.0 0 (0.0) 0 190.7 859.3 656.3 461.0 3,211.1 613.9 1,305.7 1,133.5 1,462.3 1,470.1 194.9 194.7 0 390.1 11,802.9 2.0 870.2 3,816.7 24.5 270.5 1,339.0 205.8 7.2 8.9 670.4 9.2 10.1 16.9 102.7 16.1 15.3 23.7 0 1,789.2
Other Investing Activities 192.2 (1,358.4) 401.2 (432.3) (2,090.3) (737.3) (3,263.7) 2,718.1 (583.5) 1,317.6 (2,071.2) 102.0 (3,920.9) 186.6 (2,283.0) (1,081.5) (1,268.2) (317.4) 32.8 192.2 804.2 (10,728.8) (219.4) (1,164.7) 8,545.8 224.1 1,688.7 (964.4) (5,492.8) 4,145.3 (955.2) 58.6 1,338.8 5,437.1 (1,084.0) (233.5) 1,648.7 2,672.9 554.3 2,754.4 326.6
Investing Cash Flow (839.6) (1,358.4) (3,620.0) (216.2) (2,090.3) (737.3) (3,263.7) 2,136.6 178.8 1,619.3 (2,102.0) 1,370.5 (3,926.5) 664.6 (1,701.0) (405.9) (2,452.7) (321.5) (171.3) 192.2 804.2 (143.1) (217.4) (1,152.7) 8,598.9 248.5 1,701.5 (951.7) (5,388.0) 101.4 (1,044.0) 729.1 679.8 (366.1) (1,067.2) 279.9 256.6 486.7 578.0 2,754.4 1,849.0
Financing Activities
Net Debt Issuance 522.0 0 3,229.2 324.7 0 0 0 0 0 0 0 (1,425.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased (2.0) (0.1) (9.9) (10.0) 0 0 0 0 (1.3) (3.6) 0.0 (2.1) (4.3) (6.1) 0 (1.5) 0 0 0 0 0 0 0 0 (0.8) 0 (60.1) (11.4) 0 0 0 0 0 0 0 0 0 (14.7) 0 0 0
Dividends Paid (89.4) (83.8) (57.1) (63.4) (57.1) (45.9) (40.5) (38.3) (38.3) (62.0) (59.8) (51.3) (55.0) (47.0) (40.1) (35.2) (32.1) (30.9) (28.5) (26.2) (22.5) (22.0) (21.9) (8.2) (33.2) (33.9) (33.7) (38.5) (34.1) (28.8) (28.5) (28.4) (28.4) (28.1) (27.5) (24.9) (24.9) (28.2) (28.2) (30.0) (40.3)
Other Financing Activities 0 1,388.2 (22.1) 0 1,791.5 502.7 3,138.8 (2,196.0) (235.3) (1,502.3) 1,870.4 0 3,891.6 (1,082.7) 1,557.5 252.5 2,492.0 497.6 (210.9) (149.4) (725.3) 25.3 273.2 772.1 (7,889.1) (324.5) (1,617.8) 1,153.6 5,105.6 (181.1) 964.5 (599.5) (702.2) 330.2 936.7 (218.6) (304.1) (542.2) (611.0) (2,541.8) (1,646.6)
Financing Cash Flow 652.3 1,304.3 3,543.8 350.3 2,106.1 595.0 3,225.8 (2,234.3) (274.9) (1,567.9) 2,005.7 (1,404.7) 4,013.5 (961.7) 1,684.6 303.6 2,506.3 534.2 (190.3) (7.9) (666.7) 10.0 251.3 812.7 (8,003.4) (333.9) (1,694.6) 1,106.4 5,393.5 (180.9) 945.1 (627.9) (728.0) 318.1 917.7 (126.8) (328.9) (585.0) (639.1) (2,571.8) (1,686.9)
Cash Position
Net Change in Cash (75.8) (18.5) (114.0) 159.1 117.3 (51.9) 9.2 (70.6) 0.7 111.8 (69.1) (43.1) 141.2 (189.7) 74.0 (92.4) (30.1) 200.0 (374.1) 200.0 158.7 (96.0) 86.9 (503.5) 411.1 (13.7) (61.9) 122.5 (5.8) (34.5) (68.9) 119.1 (48.7) (34.7) (112.2) 217.7 (77.3) (130.1) 12.5 146.1 (46.6)
Cash at Beginning 290.0 308.5 422.6 263.5 146.2 198.1 188.9 259.5 258.9 147.1 216.2 259.3 118.1 307.8 233.7 326.1 356.2 156.2 530.3 330.4 171.7 267.6 180.7 684.2 273.2 286.9 348.8 226.4 232.2 266.7 335.5 216.5 265.2 299.9 412.1 194.5 271.8 401.8 389.4 243.3 289.9
Cash at End 214.2 290.0 308.5 422.6 263.5 146.2 198.1 188.9 259.5 258.9 147.1 216.2 259.3 118.1 307.8 233.7 326.1 356.2 156.2 530.3 330.4 171.7 267.6 180.7 684.2 273.2 286.9 348.8 226.4 232.2 266.7 335.5 216.5 265.2 299.9 412.1 194.5 271.8 401.8 389.4 243.3
Free Cash Flow 111.6 35.6 (37.8) 25.0 101.5 90.4 47.1 27.1 96.8 60.3 27.2 (8.9) 54.2 107.4 90.4 9.9 (83.7) (12.6) (12.5) 15.7 21.2 37.1 53.0 (163.5) (184.4) 71.6 (68.8) (32.2) (11.3) 27.8 30.1 17.9 (0.6) 13.3 37.3 64.6 (5.0) (31.7) 73.6 (36.6) (208.7)
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 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3
Income Statement
Revenue 56.0 349.0 393.5 194.5 368.2 (222.5) 411.5 36.2 14.7 550.5 (309.2) (11.1) 219.5 129.0 (460.6) (242.1) (401.5) (47.3) (15.3) 33.8 (64.0) 43.8 61.6 (108.3) (210.3) 96.4 25.8 21.6 69.2 (9.9) 43.2 13.6 (11.0) 65.4 60.7 90.4 55.7 (81.9) 119.0 24.3 (269.3) 127.0 (212.2) 207.3 (116.3) (133.9) 63.1 (67.7) (16.9) (538.4) (220.3) 490.7 110.9 123.4 81.4 86.2 77.0 31.8 (28.1) (4.8) 13.4 8.4 (0.1) (0.2) 0.7 0.5 0.1 0.1 (0.2) 0 0 0 0 0 0
Gross Profit 43.7 338.7 383.4 185.1 359.1 (231.0) 403.2 28.0 6.5 542.4 (317.3) (18.9) 211.9 122.2 (467.2) (248.4) (407.7) (53.4) (21.1) 28.1 (69.1) 39.4 57.1 (112.8) (217.8) 89.0 18.4 14.1 61.9 (16.7) 36.4 6.8 (17.8) 58.6 54.0 83.8 49.2 (88.4) 112.5 24.3 (269.3) 127.0 (212.2) 207.3 (116.3) (133.9) 63.1 (67.7) (9.9) (531.2) (220.3) 490.7 110.9 123.4 62.1 75.1 70.0 27.1 (31.6) (5.1) 10.0 7.8 (0.1) (0.5) 0.6 0.5 (0.2) (0.2) (0.2) 0 0 (0.1) (0.2) 0 0
Operating Income 40.6 397.8 330.9 72.2 163.9 93.4 191.1 74.6 150.7 240 (29.1) 172.0 74.9 104.6 (100.0) (45.6) (64.0) (19.3) 35.6 (67.6) 73.8 84.5 58.4 51.7 (405.6) 168.1 (61.0) (183.2) (114.4) (165.8) 47.7 13.6 44.7 71.0 27.7 29.7 52.7 94.1 118.7 15.4 (277.2) 118.8 (207.1) 211.9 (111.3) (127.2) 69.3 (69.5) (5.0) (524.5) (212.1) 505.0 127.8 (189.6) 54.9 69.4 65.2 33.1 (34.5) (7.3) 8.6 0.9 (0.2) (0.6) 0.3 2.1 (1.1) (0.7) (0.2) (1.8) (0.2) (0.1) (0.2) (0.2) (0.0)
Net Income (54.9) 211.7 159.3 (75.6) 27.3 (46.4) 65.9 (48.4) 14.5 99.6 (179.2) 43.0 (31.4) 39.4 (144.3) (58.6) (66.4) (20.8) 34.0 (69.2) 71.3 81.4 58.4 51.7 (406.7) 108.7 (61.0) (183.2) (114.4) (212.0) 47.7 9.3 44.7 71.0 27.7 29.7 52.7 94.1 118.7 21.2 (279.5) 117.8 (221.6) 198.0 (125.5) (143.2) 54.1 (70.2) (19.8) (540.8) (229.9) 481.4 102.3 115.7 54.9 (13.6) 65.2 23.7 (34.5) (7.3) 8.6 7.4 (0.5) (0.7) 0.3 0.2 (0.9) (0.5) 0.0 (1.5) 0.6 0.8 1.2 0.9 (0.0)
EPS (Diluted) -0.49 1.86 1.49 -0.94 0.32 -0.95 1.21 -1.05 0.24 1.96 -3.92 1.00 -0.93 1.12 -5.98 -2.89 -3.61 -1.30 1.80 -4.74 5.15 6.09 4.30 3.85 -34.77 8.91 -5.45 -15.72 -11.06 -25.34 5.10 1.10 4.80 7.65 2.88 3.50 6.65 12.24 15.60 2.35 -38.63 14.24 -25.88 22.00 -14.66 -16.47 5.60 -8.30 -2.65 -33.69 -25.13 51.20 11.60 14.74 8.00 -0.60 19.20 3.84 -17.60 -5.60 13.20 3.60 -2.40 -8.80 5.20 -0.40 -0.30 -0.17 0.01 -0.51 0.80 0.80 2.00 0.22 -0.00
Balance Sheet
Cash & Equivalents 66.5 290.0 44.2 141.2 49.1 68.0 63.9 126.6 221.3 258.9 147.1 216.2 259.3 118.1 307.8 233.7 326.1 356.2 156.2 530.3 330.4 171.7 267.6 180.7 684.2 273.2 160.5 211.7 167.4 221.7 266.7 335.5 216.5 265.2 299.9 412.1 194.5 271.8 401.8 389.4 243.3 21.9 2.8 6.7 0.1 0.1 0.2
Total Assets 21,454.6 21,005.2 19,357.2 16,240.7 15,496.9 13,548.0 13,404.5 10,052.4 12,208.3 12,344.4 13,914.2 12,539.1 13,249.3 9,437.0 10,915.3 8,857.0 8,706.9 5,277.3 4,987.9 5,137.4 5,349.5 5,524.5 5,944.5 5,564.0 5,065.2 13,272.4 13,223.3 14,923.7 13,972.8 8,464.6 8,680.9 8,097.0 8,471.3 8,928.9 8,578.2 8,453.7 8,142.4 7,978.2 8,855.0 9,538.4 11,344.0 507.2 191.6 126.7 250.2 250.3 0.5
Total Debt 18,463.8 17,941.8 0 0 0 0 0 0 0 9,648.0 11,504.2 9,121.3 10,554.5 6,463.1 8,250.1 6,692.5 6,440.0 3,948.0 3,450.4 3,661.4 3,810.8 4,536.1 4,510.8 4,237.6 3,465.5 11,354.5 11,794.9 13,425.0 12,210.3 7,062.2 7,224.6 6,254.4 6,860.6 7,563.9 7,253.3 6,327.4 6,516.8 6,868.1 7,603.9 8,260.2 10,222.5 0 0 0 0 0 0.3
Stockholders' Equity 2,337.0 2,261 2,128.8 1,660.0 1,703.8 1,361.4 1,316.9 1,161.3 1,247.1 1,271.2 1,236.0 1,283.0 1,215.1 1,112.4 944.1 972.7 1,021.9 1,143.6 1,143.7 1,108.5 1,027.2 938.3 892.3 851.2 786.2 1,436.7 1,382.9 1,376.0 1,486.7 1,125.3 1,208.3 1,206.5 1,245.0 1,326.1 1,312.7 1,285.1 1,137.4 1,092.1 1,220.3 1,139.5 1,095.6 54.3 21.4 21.5 165.9 166.4 0.0
Cash Flow
Operating Cash Flow 111.6 35.6 (37.8) 25.0 101.5 90.4 47.1 27.1 96.8 60.3 27.2 (8.9) 54.2 107.4 90.4 9.9 (83.7) (12.6) (12.5) 15.7 21.2 37.1 53.0 (163.5) (184.4) 71.6 (68.8) (32.2) (11.3) 27.8 30.1 17.9 (0.6) 13.3 37.3 64.6 (5.0) (31.7) 73.6 (36.6) (208.7)
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Free Cash Flow 111.6 35.6 (37.8) 25.0 101.5 90.4 47.1 27.1 96.8 60.3 27.2 (8.9) 54.2 107.4 90.4 9.9 (83.7) (12.6) (12.5) 15.7 21.2 37.1 53.0 (163.5) (184.4) 71.6 (68.8) (32.2) (11.3) 27.8 30.1 17.9 (0.6) 13.3 37.3 64.6 (5.0) (31.7) 73.6 (36.6) (208.7)