BIPC - Brookfield Infrastructure Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$57.00
DETAILS
HIGH:
$57.00
LOW:
$57.00
MEDIAN:
$57.00
CONSENSUS:
$57.00
UPSIDE:
35.23%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 884 | 970.7 | 917 | 866 | 929 | 917.4 | 919.3 | 907.7 | 898.0 | 942.2 | 543.8 | 545.2 | 497.0 | 492.8 | 428.4 | 474.6 | 466.7 | 412.6 | 411.1 | 412.8 | 402.0 | 383.6 | 348.3 | 327.8 | 362.9 | 406 | 406 | 404 | 403 | 378 | 378 | 390 | 402.5 |
| Cost of Revenue | 345 | 345.2 | 336 | 303 | 355 | 360.5 | 341.7 | 328.9 | 337.5 | 345.2 | 144.1 | 151.0 | 147.0 | 156.3 | 114.2 | 129.8 | 135.6 | 103.6 | 135.0 | 140.9 | 145.1 | 142.2 | 128.7 | 123.2 | 130.4 | 67 | 61 | 58 | 58 | 59.5 | 59.5 | 57 | 58.5 |
| Gross Profit | 539 | 625.5 | 581 | 563 | 574 | 556.8 | 577.6 | 578.8 | 560.5 | 597.0 | 399.7 | 394.2 | 350.0 | 336.6 | 314.2 | 344.8 | 331.0 | 309.0 | 276.0 | 271.9 | 256.9 | 241.4 | 219.5 | 204.6 | 232.5 | 339 | 345 | 346 | 345 | 318.5 | 318.5 | 333 | 344 |
| 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 | 21 | 21 | 20 | 20 | 19 | 18.5 | 21.2 | 17.0 | 17.9 | 18.5 | 15.8 | 17.2 | 16.0 | 15.0 | 16.0 | 16.8 | 20.2 | 16.9 | 11.9 | 9.9 | 10.1 | 10.2 | 9.0 | 8.1 | 5.7 | 9 | 8 | 7 | 6 | 6 | 6 | 6 | 6 |
| Other Expenses | 0 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (12) | (11) | (9) | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 21 | 21.3 | 20 | 20 | 19 | 18.5 | 21.2 | 17.0 | 17.9 | 18.5 | 15.8 | 17.2 | 16.0 | 15.0 | 16.0 | 16.8 | 20.2 | 16.9 | 11.9 | 9.9 | 10.1 | 10.2 | 9.0 | 8.1 | 5.7 | 86 | 83 | 84 | 95 | 95.5 | 95.5 | 96 | 96 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 518 | 604.1 | 561 | 543 | 555 | 538.4 | 556.4 | 561.8 | 542.6 | 578.5 | 383.9 | 377.0 | 334.0 | 321.5 | 298.2 | 327.9 | 310.8 | 292.0 | 264.1 | 262.0 | 246.8 | 231.2 | 210.6 | 196.5 | 226.8 | 156 | 157 | 155 | 260 | 235 | 235 | 247 | 256 |
| Interest Expense | 305 | 307.7 | 312 | 267 | 273 | 298 | 269 | 259 | 239 | 221 | 162 | 161 | 153 | 152 | 147 | 143 | 102 | 86 | 77 | 68 | 63 | 61 | 59 | 62 | 32 | 36 | 39 | 40 | 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 | 41 | 40 | 40 | 30 | 23.5 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 1,500 | 839.7 | 895 | 213 | 2,090 | 597.6 | (262.1) | 1,191.6 | 726.7 | 471.6 | 1,331.4 | 158.1 | 92.0 | 940.6 | 558.6 | 1,026.4 | 65.8 | 30.9 | 428.9 | 373.1 | 123.9 | 182.1 | (32.9) | (13.2) | 379.9 | 330 | 337 | 339 | 339 | 312.5 | 312.5 | 327 | 338 |
| EBIT | 425 | 684.4 | 728 | 60 | 1,130 | 408.1 | (457.7) | 1,000.6 | 532.6 | 272.3 | 1,273.1 | 100.3 | 37.0 | 888.5 | 510.5 | 972.9 | 11.1 | 5.0 | 364.4 | 303.6 | 48.4 | 109.4 | (101.8) | (81.4) | 308.1 | 250 | 248 | 250 | 260 | 235 | 235 | 247 | 256 |
| Income Before Tax | 120 | 19.3 | 416 | (207) | 857 | 118.6 | (728.8) | 741.7 | 294.7 | 45.2 | 1,089.6 | (59.8) | (115.0) | 736.2 | 379.3 | 833.2 | (98.2) | (80.7) | 288.0 | 236.2 | (15.1) | 47.0 | (160.7) | (144.6) | 277.8 | 214 | 209 | 210 | 209 | 183 | 183 | 207 | 224.5 |
| Income Tax Expense | 84 | 93.4 | 96 | 102 | 95 | 79.7 | 85.7 | 99.0 | 98.6 | 100.7 | 93.8 | 96.3 | 80.0 | 73.1 | 67.0 | (1.0) | 120.5 | 83.7 | 76.5 | 171.7 | 71.5 | 64.4 | 60.9 | 52.9 | 87.9 | 69 | 68 | 67 | 68 | 55.5 | 55.5 | 58 | 61.5 |
| Net Income | (112) | (238.6) | 82 | (477) | 389 | (145.8) | (984.9) | 490.8 | 27.9 | (233.2) | 901.1 | (277.7) | (301.0) | 566.0 | 216.1 | 666.8 | (377.6) | (268.1) | 121.1 | (42.7) | (179.3) | (104.3) | (300.4) | (270.8) | 110.6 | 51 | 50 | 48 | 48 | 44 | 44 | 52 | 57 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.83 | -2.00 | 0.69 | -4.01 | 3.27 | -1.26 | -7.40 | 3.43 | 0.21 | -1.63 | 6.31 | -2.43 | -1.73 | 5.02 | 3.00 | 6.09 | -1.96 | -2.44 | 1.29 | -0.64 | -2.64 | -1.51 | -4.46 | -3.94 | 1.68 | 2.09 | 0.72 | 0.69 | 0.69 | 0.63 | 0.63 | 0.75 | 0.82 |
| EPS (Diluted) | -0.83 | -2.00 | 0.69 | -4.01 | 3.27 | -1.26 | -6.83 | 3.43 | 0.21 | -1.63 | 6.31 | -2.43 | -1.73 | 5.02 | 3.00 | 6.09 | -1.96 | -2.44 | 1.29 | -0.64 | -2.64 | -1.51 | -4.46 | -3.94 | 1.68 | 2.09 | 0.72 | 0.69 | 0.69 | 0.63 | 0.63 | 0.75 | 0.82 |
| Shares Outstanding | 133.0 | 119.1 | 119.1 | 119.1 | 119.1 | 119.1 | 132.0 | 143.1 | 131.9 | 143.0 | 142.9 | 112.8 | 112.7 | 112.7 | 110.5 | 110.5 | 110.3 | 110.2 | 94.6 | 67.4 | 67.4 | 67.4 | 67.5 | 67.5 | 69.5 | 69.5 | 69.8 | 69.8 | 69.8 | 69.8 | 69.8 | 69.8 | 69.8 |
| 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 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 589 | 430.2 | 380 | 1,217 | 274 | 674 | 245 | 466 | 355 | 536.2 | 241 | (5,083) | 309 | 186.3 | 265 | 512 | 1,219 | 469 | 406 | 370 | 124 | 192 | 250 | 161 | 143 | 204 | 212 | (99) | 99 | 99 |
| Short-Term Investments | 0 | 13 | 58 | 60 | 0 | 68 | 33 | 43 | 0 | 37.8 | 99 | 0 | 0 | 0 | 77 | 55 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 198 | 0 | 0 |
| Net Receivables | 1,691 | 2,457 | 2,524 | 2,343 | 2,562 | 2,032.8 | 2,622 | 2,556 | 1,826 | 888 | 2,567 | 1,374 | 1,281 | 1,006.5 | 1,008 | 1,043 | 1,034 | 1,493.0 | 1,107 | 531 | 415 | 345 | 339 | 351 | 350 | 356 | 388 | 0 | 328 | 328 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (2,194) | (53) | (57) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | (899.6) | 0 | 0 | 29 | 1,959.2 | 0 | 0 | 0 | 1,288 | 0 | 0 | 0 | 57 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 2,280 | 2,001.4 | 2,962 | 3,620 | 2,865 | 4,764 | 2,900 | 3,065 | 2,181 | 2,789.7 | 2,907 | (5,083) | 1,070 | 1,011 | 1,350 | 1,610 | 2,253 | 2,010 | 1,513 | 901 | 539 | 586 | 589 | 512 | 493 | 594 | 600 | 99 | 441 | 441 |
| Non-Current Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 14,110 | 14,172.2 | 13,990 | 13,218 | 12,718 | 12,572 | 14,643 | 14,001 | 14,033 | 14,078.6 | 13,780 | 5,149 | 4,908 | 4,718 | 4,177 | 4,467 | 4,738 | 4,803 | 4,581 | 4,634 | 5,208 | 5,111 | 4,558 | 4,309 | 4,290 | 4,497 | 3,793 | 0 | 3,677 | 3,677 |
| Goodwill | 1,704 | 1,680 | 1,704 | 1,670 | 1,644 | 1,609 | 1,670 | 1,658 | 1,710 | 1,717.2 | 1,737 | 566 | 538 | 518 | 498 | 516 | 570 | 489 | 500 | 542 | 485 | 528 | 488 | 499 | 525 | 667 | 698 | 0 | 691 | 691 |
| Intangible Assets | 3,219 | 3,102 | 3,201 | 3,149 | 3,046 | 2,892 | 3,306 | 3,261 | 3,576 | 3,699 | 3,658 | 3,043 | 2,903 | 2,847 | 2,745 | 2,846 | 3,138 | 2,687 | 2,733 | 2,997 | 2,661 | 2,948 | 2,738 | 2,849 | 3,557 | 3,936 | 4,219 | 0 | 4,267 | 4,267 |
| Long-Term Investments | 273 | 372 | 375 | 686 | 605 | 164 | 90 | 144 | 0 | 1,297.3 | 99 | 417 | 405 | 428 | 410 | 532 | 597 | 30 | 33 | 24 | 25 | 27 | 44 | 56 | 56 | 29 | 40 | 0 | 34 | 34 |
| Other Non-Current Assets | 0 | (77.5) | 1,723 | 1,527 | 1,654 | 1,549 | 1,483 | 1,490 | 2,404 | 156.3 | 1,393 | 26 | 0 | 613 | 18 | 17 | 17 | (30) | 24 | 22 | 101 | 101 | 100 | 89 | (436) | 89 | 130 | (99) | 130 | 130 |
| Total Non-Current Assets | 21,933 | 21,979.9 | 21,032 | 20,290 | 19,705 | 18,823 | 21,231 | 20,592 | 21,723 | 20,997.0 | 20,707 | 9,243 | 9,390 | 9,167 | 7,889 | 8,424 | 9,110 | 8,076 | 7,924 | 8,275 | 8,523 | 8,758 | 7,970 | 7,842 | 8,032 | 9,259 | 8,880 | (99) | 8,799 | 8,799 |
| Total Assets | 24,213 | 23,981.3 | 23,994 | 23,910 | 22,570 | 23,587 | 24,131 | 23,657 | 23,904 | 23,786.7 | 23,614 | 10,973 | 10,460 | 10,178 | 9,239 | 10,034 | 11,363 | 10,086 | 9,437 | 9,176 | 9,062 | 9,344 | 8,559 | 8,354 | 8,525 | 9,853 | 9,480 | 0 | 9,240 | 9,240 |
| Current Liabilities | ||||||||||||||||||||||||||||||
| Account Payables | 1,058 | 1,205.8 | 1,127 | 1,200 | 956 | 67 | 1,180.1 | 965 | 888 | 85 | 1,303 | 756 | 619 | 44 | 619 | 631 | 596 | 39 | 542 | 501 | 433 | 84 | 478 | 419 | 399 | 90 | 412 | 0 | 67 | 67 |
| Short-Term Debt | 13,442 | 1,314 | 1,190 | 1,202 | 604 | 769 | 900 | 567 | 26 | 1,107 | 1,338 | 273 | 26 | 26 | 1,051 | 1,446 | 131 | 0 | 260 | 12 | 11 | 11 | 11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 255 | 0 | 0 | 0 | 175 | 0 | 0 | 0 | 153 | 0 | 0 | 0 | 156 | 0 | 0 | 0 | 141 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 5,148.2 | 4,834 | 4,911 | 4,388 | 6,812 | 4,656 | 3,668 | 4,117 | 4,375.5 | 3,949 | 4,111 | 3,743 | (589) | 3,975 | 4,231 | 5,959 | 4,488 | 4,534 | 3,475 | 2,417 | 2,244 | 2,148 | 1,857 | 1,673 | 147 | 6 | 0 | 123 | 123 |
| Total Current Liabilities | 14,500 | 7,668 | 7,151 | 7,313 | 5,948 | 7,648 | 6,738 | 5,200 | 5,031 | 6,326.5 | 6,590 | 5,140 | 4,388 | 4,233 | 5,645 | 6,308 | 6,686 | 5,071 | 5,336 | 3,988 | 2,861 | 2,760 | 2,637 | 2,276 | 2,072 | 493 | 418 | 0 | 354 | 354 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | 0 | 11,955 | 12,296 | 12,049 | 11,554 | 11,504.2 | 12,542 | 12,621 | 13,498 | 11,022 | 10,709 | 4,810 | 4,965 | 4,577 | 3,240 | 3,158 | 4,335 | 3,687 | 3,577 | 4,553 | 4,577 | 4,609 | 4,334 | 4,234 | 4,214 | 3,526 | 3,318 | 0 | 3,246 | 3,246 |
| Deferred Tax Liabilities | 2,410 | 2,217 | 2,170 | 2,153 | 2,048 | 1,985 | 0 | 0 | 0 | 2,124.1 | 2,013 | 1,637 | 1,695 | 1,538 | 0 | 1,525 | 1,781 | 1,757 | 1,608 | 1,683 | 1,397 | 1,443 | 1,290 | 1,272 | 1,294 | 1,465 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 5,393 | 63 | 179 | 184 | 198 | 56 | 2,374 | 2,306 | 2,459 | 2,391.0 | 332 | 1,787 | 1,755 | 4,304 | 1,582 | 121 | 124 | 7,771 | 106 | 100 | 121 | 1,028 | 1,108 | 82 | 1,088 | 1,027 | 2,459 | 0 | 2,391 | 2,391 |
| Total Non-Current Liabilities | 7,803 | 14,352 | 14,645 | 14,386 | 13,800 | 13,717 | 14,916 | 14,927 | 15,957 | 13,413.0 | 13,054 | 1,751 | 6,720 | 6,306 | 4,822 | 4,804 | 6,240 | 6,439 | 5,291 | 6,336 | 7,113 | 7,156 | 6,732 | 6,595 | 6,596 | 6,083 | 5,780 | 0 | 5,637 | 5,637 |
| Total Liabilities | 22,303 | 21,979.9 | 21,796 | 21,699 | 19,748 | 21,365 | 21,654 | 20,127 | 20,988 | 19,739.5 | 19,644 | 1,751 | 11,108 | 10,539 | 10,467 | 11,112 | 12,926 | 11,510 | 10,627 | 10,324 | 9,974 | 9,916 | 9,369 | 8,871 | 8,668 | 6,576 | 6,198 | 0 | 5,991 | 5,991 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||
| Common Stock | 0 | 1.0 | 1 | 1 | 1 | 1 | 392 | 392 | 0 | 390.0 | 392 | 53 | 53 | 53.0 | 53 | 53 | 53 | 52.9 | 52.9 | 0 | 53 | 0 | 0 | 53 | 53 | 431 | 609 | 0 | 681 | 681 |
| Retained Earnings | 0 | 267.5 | 503 | 421 | 898 | 509 | 659 | 1,636 | 0 | 1,109.3 | 1,342 | 326 | 600 | 900.6 | 336 | 107 | (566) | (192.7) | 75.9 | 0 | (145) | 0 | 0 | 436 | 702 | 585 | 484 | 0 | 388 | 388 |
| Accumulated Other Comprehensive Income | 0 | (2,842.8) | 640 | 684 | 605 | 581 | 564 | 500 | 0 | (2,980.7) | 330 | 370 | 315 | (2,073) | 123 | (2,123) | 422 | (2,928.0) | (2,058.0) | 0 | (762) | 0 | 0 | (591) | 53 | (321) | 397 | 1,462 | 393 | 393 |
| Total Stockholders' Equity | (1,460) | (1,296.6) | (1,200) | (1,238) | (840) | (1,253) | (764) | 149 | (379) | (397.0) | (315) | (1,630) | (1,411) | (1,119) | (1,867) | (1,963) | (2,470) | (2,127) | (1,932) | (1,983) | (1,932) | (1,722) | (1,879) | (1,611) | (1,319) | 1,654 | 1,490 | 3,249 | 1,462 | 1,462 |
| Total Liabilities & Equity | 24,213 | 23,981.3 | 23,994 | 23,910 | 22,570 | 23,587 | 24,092.9 | 23,657 | 23,904 | 23,786.7 | 23,614 | 10,973 | 10,460 | 10,178 | 9,239 | 10,034 | 11,363 | 10,086 | 9,437 | 9,176 | 9,062 | 9,344 | 8,559 | 8,354 | 8,525 | 9,853 | 9,480 | 3,249 | 9,240 | 9,240 |
| Debt Metrics | ||||||||||||||||||||||||||||||
| Total Debt | 13,442 | 13,269 | 13,486 | 13,251 | 12,158 | 12,280 | 13,436 | 13,188 | 13,524 | 11,992.3 | 12,047 | 5,083 | 4,991 | 4,603 | 4,291 | 4,604 | 4,466 | 3,687 | 3,837 | 4,565 | 4,588 | 4,620 | 4,345 | 4,234 | 4,214 | 3,526 | 3,321 | 0 | 3,246 | 3,246 |
| Net Debt | 12,853 | 12,838.8 | 13,106 | 12,034 | 11,884 | 11,606 | 13,191 | 12,722 | 13,169 | 11,456.1 | 11,806 | 10,166 | 4,682 | 4,158 | 4,026 | 4,092 | 3,247 | 3,218 | 3,431 | 4,195 | 4,464 | 4,428 | 4,095 | 4,073 | 4,071 | 3,322 | 3,109 | 99 | 3,147 | 3,147 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||
| Net Income | (110.4) | (238.6) | 320 | (309) | 387.8 | (150) | (808) | 490.9 | 27.9 | (233.3) | 1,009 | (154) | (195) | 662 | 331 | 842 | (216) | (165) | 213 | 65 | (86) | (17) | (222) | (194) | 201 | 145 | 141 | 143 | 48 | 44 | 44 | 52 | 57 |
| Depreciation & Amortization | 156.8 | 155.4 | 167 | 153 | 194.4 | 195 | 194 | 191.0 | 194.1 | 199.4 | 59 | 57 | 55 | 52 | 51 | 54 | 54 | 26 | 65 | 70 | 75 | 71 | 69 | 67 | 76 | 77 | 75 | 77 | 79 | 77.5 | 77.5 | 80 | 82 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (159.8) | 102.7 | 46 | 134 | (125.6) | 34 | 56.2 | 134.1 | (119.5) | 144.3 | (20) | 65 | (181) | 159 | 19 | 60 | (65) | 44 | 52 | 16 | (77) | (44) | 56 | 5 | (61) | (22) | 91 | (7) | (34) | 1 | 1 | (35) | (11.5) |
| Other Non-Cash Items | 281.1 | 476.4 | (154) | 492 | (192.4) | 410.0 | 1,016.7 | (63.8) | 564.5 | 753.9 | (856) | 89 | 311 | (534) | (205) | (613) | 321 | 405 | 4 | 70 | 286 | 201 | 396 | 345 | (1) | 95 | 98 | 113 | 171 | 131 | 131 | 150 | 151.5 |
| Operating Cash Flow | 180.5 | 506.1 | 389 | 478 | 242.3 | 490 | 464 | 509.3 | 276.8 | 622.1 | 194 | (89) | (10) | 324 | 214 | 232 | 123 | 220 | 260 | 235 | 124 | 145 | 237 | 168 | 180 | 226 | 338 | 255 | 264 | 253.5 | 253.5 | 247 | 279 |
| Investing Activities | |||||||||||||||||||||||||||||||||
| Capital Expenditure | (131.2) | 5.9 | (1,055.5) | (209) | (134.6) | (87) | (425) | (401.3) | (96.6) | (217.7) | (122) | (134) | (125) | (146) | (122) | (140) | (113) | (110) | (109) | (101) | (95) | (108) | (107) | (63) | (121) | (147) | (110) | (103) | (95) | (111.5) | (111.5) | (113) | (110) |
| Acquisitions | (45.4) | (963.7) | 328 | 0 | 485.5 | 0 | (793.3) | 90.0 | (1,125.0) | 76.0 | (2,651) | 0 | (702) | 3.8 | 0 | 0 | (455) | 1.7 | 3.2 | 817 | 0 | 17.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | (35) | 0 | 0 | 0 | 0 | 0 | 0 | (53) | 0 | (4) | (6.3) | (3.7) | (1.8) | (71) | 0 | 0 | (76) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | (0.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 431.3 | 0 | 0 | 3.5 | 0 | 0 | 591 | 0 | 0 | 0 | 125 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 244.3 | (192) | 439 | (387.8) | (374) | 638.1 | 55.8 | 30.9 | 53.9 | (431.3) | 0.0 | (4.0) | (1.0) | 3.7 | 1.8 | (591) | 0.0 | (0.5) | (76.5) | (320) | 17 | 0 | (63) | 0 | (133) | 0 | (103) | 0 | 4 | 4 | 0 | 0 |
| Investing Cash Flow | (176.5) | (713.7) | (873) | 195 | (36.9) | (461) | (335) | (255.5) | (65.7) | (86.9) | (2,826) | (134) | (129) | (146) | (122) | (140) | (639) | (110) | (109) | 640 | (95) | (108) | (107) | (63) | (121) | (133) | (110) | (103) | (95) | (107.5) | (107.5) | (113) | (110) |
| Financing Activities | |||||||||||||||||||||||||||||||||
| Net Debt Issuance | (36.5) | 2,103.5 | (75) | 604 | (468.6) | 523 | (70) | 59 | 3,102 | (178) | (118) | (53) | 111 | 52 | (50) | 472 | 563 | (114) | 0 | (203.8) | 28 | 50 | 47 | 0 | 55 | 135 | 59 | 30 | 37 | 0 | 0 | 1,317 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (243) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | (435) | 0 | 0 | 0 | 0 | 0 | (411) | 0 | 0 | 0 | (376) | 0 | 0 | 0 | (357) | 0 | 0 | 0 | (303) | (458.8) | (0.4) | (0.5) | (33) | (114) | (64) | (39) | (33) | (62.5) | (62.5) | (499) | (276) |
| Other Financing Activities | 29.6 | (1,834.6) | 152 | (347) | (181.5) | (95.0) | (281) | (177) | (3,491.3) | (61) | 2,645 | (48) | (115) | (127) | (276) | (1,200) | 562 | 76 | (92) | (456.2) | (300) | (173) | (75) | (87) | (101) | (190) | (131) | (108) | (96) | (106) | (106) | (983) | 160.5 |
| Financing Cash Flow | 130.2 | 268.9 | (355) | 257 | (650.0) | 429 | (351) | (111.2) | (386.3) | (244.4) | 2,527 | (476) | (4) | (6) | (326) | (728) | 1,125 | (38) | (92) | (660) | (78) | (123) | (28) | (87) | (79) | (169) | (136) | (117) | (92) | (168.5) | (168.5) | (165) | (115.5) |
| Cash Position | |||||||||||||||||||||||||||||||||
| Net Change in Cash | 160.7 | 50.6 | (837) | 943 | (399.6) | 429 | (221.3) | 111.3 | (181.6) | 296.4 | (115) | (699) | (136) | 180 | (247) | (707) | 750 | 63 | 36 | 246 | (68) | (58) | 89 | 18 | (61) | (81) | 73 | 38 | 75 | (24.5) | (24.5) | (68) | 35 |
| Cash at Beginning | 430.2 | 379.6 | 1,217 | 274 | 673.6 | 245 | 466 | 354.6 | 536.2 | 239.8 | 356 | 1,055 | 445 | 265 | 512 | 1,219 | 469 | 406 | 370 | 124 | 192 | 250 | 161 | 143 | 204 | 285 | 212 | 174 | 99 | 123.5 | 148 | 216 | 0 |
| Cash at End | 590.9 | 430.2 | 380 | 1,217 | 274.0 | 674 | 245 | 465.9 | 354.6 | 536.2 | 241 | 356 | 309 | 445 | 265 | 512 | 1,219 | 469 | 406 | 370 | 124 | 192 | 250 | 161 | 143 | 204 | 285 | 212 | 174 | 99 | 123.5 | 148 | 35 |
| Free Cash Flow | 49.3 | 512.0 | (666.5) | 269 | 107.7 | 403 | 39 | 108.0 | 180.2 | 404.4 | 72 | (223) | (135) | 178 | 92 | 92 | 10 | 110 | 151 | 134 | 29 | 37 | 130 | 105 | 59 | 79 | 228 | 152 | 169 | 142 | 142 | 134 | 169 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 884 | 970.7 | 917 | 866 | 929 | 917.4 | 919.3 | 907.7 | 898.0 | 942.2 | 543.8 | 545.2 | 497.0 | 492.8 | 428.4 | 474.6 | 466.7 | 412.6 | 411.1 | 412.8 | 402.0 | 383.6 | 348.3 | 327.8 | 362.9 | 406 | 406 | 404 | 403 | 378 | 378 | 390 | 402.5 |
| Gross Profit | 539 | 625.5 | 581 | 563 | 574 | 556.8 | 577.6 | 578.8 | 560.5 | 597.0 | 399.7 | 394.2 | 350.0 | 336.6 | 314.2 | 344.8 | 331.0 | 309.0 | 276.0 | 271.9 | 256.9 | 241.4 | 219.5 | 204.6 | 232.5 | 339 | 345 | 346 | 345 | 318.5 | 318.5 | 333 | 344 |
| Operating Income | 518 | 604.1 | 561 | 543 | 555 | 538.4 | 556.4 | 561.8 | 542.6 | 578.5 | 383.9 | 377.0 | 334.0 | 321.5 | 298.2 | 327.9 | 310.8 | 292.0 | 264.1 | 262.0 | 246.8 | 231.2 | 210.6 | 196.5 | 226.8 | 156 | 157 | 155 | 260 | 235 | 235 | 247 | 256 |
| Net Income | (112) | (238.6) | 82 | (477) | 389 | (145.8) | (984.9) | 490.8 | 27.9 | (233.2) | 901.1 | (277.7) | (301.0) | 566.0 | 216.1 | 666.8 | (377.6) | (268.1) | 121.1 | (42.7) | (179.3) | (104.3) | (300.4) | (270.8) | 110.6 | 51 | 50 | 48 | 48 | 44 | 44 | 52 | 57 |
| EPS (Diluted) | -0.83 | -2.00 | 0.69 | -4.01 | 3.27 | -1.26 | -6.83 | 3.43 | 0.21 | -1.63 | 6.31 | -2.43 | -1.73 | 5.02 | 3.00 | 6.09 | -1.96 | -2.44 | 1.29 | -0.64 | -2.64 | -1.51 | -4.46 | -3.94 | 1.68 | 2.09 | 0.72 | 0.69 | 0.69 | 0.63 | 0.63 | 0.75 | 0.82 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 589 | 430.2 | 380 | 1,217 | 274 | 674 | 245 | 466 | 355 | 536.2 | 241 | (5,083) | 309 | 186.3 | 265 | 512 | 1,219 | 469 | 406 | 370 | 124 | 192 | 250 | 161 | 143 | 204 | 212 | (99) | 99 | 99 | |||
| Total Assets | 24,213 | 23,981.3 | 23,994 | 23,910 | 22,570 | 23,587 | 24,131 | 23,657 | 23,904 | 23,786.7 | 23,614 | 10,973 | 10,460 | 10,178 | 9,239 | 10,034 | 11,363 | 10,086 | 9,437 | 9,176 | 9,062 | 9,344 | 8,559 | 8,354 | 8,525 | 9,853 | 9,480 | 0 | 9,240 | 9,240 | |||
| Total Debt | 13,442 | 13,269 | 13,486 | 13,251 | 12,158 | 12,280 | 13,436 | 13,188 | 13,524 | 11,992.3 | 12,047 | 5,083 | 4,991 | 4,603 | 4,291 | 4,604 | 4,466 | 3,687 | 3,837 | 4,565 | 4,588 | 4,620 | 4,345 | 4,234 | 4,214 | 3,526 | 3,321 | 0 | 3,246 | 3,246 | |||
| Stockholders' Equity | (1,460) | (1,296.6) | (1,200) | (1,238) | (840) | (1,253) | (764) | 149 | (379) | (397.0) | (315) | (1,630) | (1,411) | (1,119) | (1,867) | (1,963) | (2,470) | (2,127) | (1,932) | (1,983) | (1,932) | (1,722) | (1,879) | (1,611) | (1,319) | 1,654 | 1,490 | 3,249 | 1,462 | 1,462 | |||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 180.5 | 506.1 | 389 | 478 | 242.3 | 490 | 464 | 509.3 | 276.8 | 622.1 | 194 | (89) | (10) | 324 | 214 | 232 | 123 | 220 | 260 | 235 | 124 | 145 | 237 | 168 | 180 | 226 | 338 | 255 | 264 | 253.5 | 253.5 | 247 | 279 |
| Capital Expenditure | (131.2) | 5.9 | (1,055.5) | (209) | (134.6) | (87) | (425) | (401.3) | (96.6) | (217.7) | (122) | (134) | (125) | (146) | (122) | (140) | (113) | (110) | (109) | (101) | (95) | (108) | (107) | (63) | (121) | (147) | (110) | (103) | (95) | (111.5) | (111.5) | (113) | (110) |
| Free Cash Flow | 49.3 | 512.0 | (666.5) | 269 | 107.7 | 403 | 39 | 108.0 | 180.2 | 404.4 | 72 | (223) | (135) | 178 | 92 | 92 | 10 | 110 | 151 | 134 | 29 | 37 | 130 | 105 | 59 | 79 | 228 | 152 | 169 | 142 | 142 | 134 | 169 |