TopBuild Corp. logo BLD - TopBuild Corp.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 18
HOLD 11
SELL 0
STRONG
SELL
0
| PRICE TARGET: $519.67 DETAILS
HIGH: $620.00
LOW: $437.00
MEDIAN: $510.50
CONSENSUS: $519.67
UPSIDE: 27.38%
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
Revenue
Revenue 1,445.9 1,485.2 1,393.2 1,297.4 1,233.3 1,312.2 1,373.3 1,365.6 1,278.7 1,286.1 1,326.1 1,317.3 1,265.2 1,264.5 1,301.0 1,274.3 1,168.9 1,063.4 845.8 834.3 742.8 721.5 697.2 646.1 653.2 662.4 682.3 660.1 619.3 639.5 647.3 606.0 491.4 501.4 489.0 474.5 441.4 444.1 453.1 431.6 414.0 426.5 427.9 403.8 358.5 398.1 397.6 382.8 333.6
Cost of Revenue 1,045.6 1,080.7 974.2 903.4 881.8 920.2 951.5 941.7 891.6 895.0 905.4 895.5 895.0 888.9 905.2 890.2 837.7 780.2 595.5 591.1 545.0 523.5 498.9 468.0 481.3 491.0 503.0 485.2 463.6 481.3 485.4 460.9 380.4 379.4 368.2 357.8 339.7 339.1 345.0 333.9 324.6 322.0 333.9 318.1 284.6 305.3 309.3 297.9 268
Gross Profit 400.3 404.6 418.9 394.0 351.5 392.0 421.8 423.9 387.1 391.1 420.7 421.8 370.2 375.7 395.7 384.1 331.2 283.2 250.3 243.2 197.8 198.0 198.3 178.1 172.0 171.3 179.3 174.9 155.7 158.2 161.9 145.0 111.0 122.0 120.8 116.6 101.6 105.1 108.1 97.7 89.5 104.5 94.0 85.7 73.8 92.8 88.4 84.9 65.6
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
SG&A Expenses 223.8 224.9 203.9 174.3 174.0 174.6 177.8 213.5 172.6 186.3 183.2 184.7 170.8 172.6 172.9 176.9 167.2 164.7 116.5 114.9 101.9 94.9 96.8 97.6 102.0 94.9 98.9 98.9 99.1 93.1 95.6 101.4 77.1 72.1 71.3 75.8 75.1 69.1 69.0 70.9 69.7 61.5 63.8 74.2 75.0 68.2 74.6 74.7 73.5
Other 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 30 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 223.8 224.9 203.9 174.3 174.0 174.6 177.8 213.5 172.6 186.3 183.2 184.7 170.8 172.6 172.9 176.9 167.2 164.7 116.5 114.9 101.9 94.9 96.8 97.6 102.0 94.9 98.9 98.9 99.1 93.1 95.6 101.4 77.1 72.1 71.3 75.8 105.1 69.1 69.0 70.9 69.7 61.5 63.8 74.2 75.0 68.2 74.6 74.7 73.5
Operating Income
Operating Income 176.4 179.6 215.0 219.8 177.5 217.4 244.0 210.4 214.5 204.8 237.5 237.1 199.4 203.1 222.9 207.2 164.0 118.4 133.8 128.3 95.9 103.1 101.5 80.5 70.0 76.4 80.4 76.0 56.6 65.2 66.2 43.7 33.9 50.0 49.6 40.8 (3.5) 35.9 39.1 26.8 19.8 43.0 30.2 11.5 (1.1) 24.6 13.8 10.2 (7.9)
Interest Expense 36.6 38.2 28.4 20.5 16.6 17.3 18.4 18.6 18.8 19.2 18.8 18.6 18.0 16.8 14.6 13.4 12.0 10.9 5.5 6.1 6.6 7.7 7.7 8.3 8.7 9.1 9.5 9.6 9.6 9.7 9.4 7.3 2.3 2.3 2.5 1.9 1.4 1.3 1.3 1.4 1.7 1.6 1.6 3.2 3.2 3.1 3.1 3.1 3.1
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 0 0 0 0 0 0
Profitability
EBITDA 232.7 237.1 261.3 260.0 218.4 255.7 281.8 256.8 260.0 248.2 277.1 274.3 233.5 235.0 255.0 237.1 195.1 146.6 151.7 146.1 97.6 118.0 115.8 99.7 84.4 90.7 94.6 89.6 69.4 77.7 78.3 53.5 39.4 54.7 54.5 43.4 (0.1) 39.1 42.2 29.9 22.7 46.0 33.1 14.6 1.9 31.1 20.3 10.2 (7.9)
EBIT 176.4 181.7 218.9 224.1 182.6 220 246.3 221.7 225.8 213.5 243.5 241.7 201.4 204.7 222.6 206.9 164.6 118.3 133.9 128.4 82.1 103.2 101.6 80.5 70.2 77.0 81.1 76.6 57.0 65.4 66.4 43.8 33.9 50.0 49.6 39.8 (3.4) 36.0 39.2 26.9 19.8 43.0 30.2 11.5 (1.1) 24.6 13.8 10.2 (7.9)
Income Before Tax 139.7 143.5 190.5 203.6 166.0 202.7 227.9 203.2 207.0 194.3 224.7 223.2 183.3 187.9 208.0 193.5 152.7 107.3 128.4 122.2 75.5 95.4 93.9 72.3 61.5 67.9 71.6 66.9 47.3 55.8 57.0 36.4 31.6 47.8 47.1 37.9 (4.7) 34.7 37.9 25.5 18.2 41.5 28.6 8.3 (4.3) 21.5 10.7 7.1 (11.0)
Income Tax Expense 34.9 39.0 48.3 52.0 42.6 52.2 58.9 52.5 54.6 48.0 57.1 58.8 47.4 44.1 54.3 49.8 38.0 29.0 32.9 31.9 15.7 24.7 23.9 16.8 10.7 21.9 16.6 14.9 9.4 17.2 14.4 9.3 5.2 (57.2) 15.7 14.4 (3.0) 13.4 13.3 9.9 7.1 (18.2) 12 1.7 (0.5) 15.6 4.2 0.9 (2.9)
Net Income 104.8 104.5 142.2 151.6 123.4 150.5 169.0 150.7 152.4 146.4 167.6 164.4 135.9 143.8 153.7 143.7 114.7 78.4 95.4 90.4 59.8 70.8 70.0 55.5 50.8 46.0 55.0 52.1 38.0 38.6 42.7 27.2 26.4 105.0 31.4 23.5 (1.7) 21.3 24.6 15.6 11.1 59.7 16.6 6.4 (3.8) 5.8 6.4 5.8 (8.6)
Per Share Data
EPS (Basic) 3.75 3.74 5.08 5.33 4.25 5.13 5.68 4.81 4.82 4.63 5.30 5.20 4.31 4.54 4.79 4.43 3.50 2.39 2.91 2.75 1.82 2.16 2.13 1.69 1.53 1.38 1.63 1.53 1.11 1.12 1.22 0.77 0.75 3.00 0.90 0.64 -0.05 0.57 0.65 0.41 0.29 1.58 0.44 0.17 -0.10 0.15 0.17 0.15 -0.23
EPS (Diluted) 3.73 3.71 5.04 5.30 4.23 5.11 5.65 4.78 4.79 4.60 5.27 5.18 4.28 4.52 4.76 4.41 3.47 2.37 2.88 2.72 1.80 2.13 2.11 1.67 1.51 1.36 1.60 1.51 1.09 1.10 1.19 0.76 0.74 2.93 0.88 0.63 -0.05 0.57 0.65 0.41 0.29 1.58 0.44 0.17 -0.10 0.15 0.17 0.15 -0.23
Shares Outstanding 28.0 27.9 28.0 28.7 29.0 29.3 29.8 31.3 31.6 31.6 31.6 31.6 31.6 31.6 32.1 32.4 32.7 32.8 32.8 32.9 32.8 32.8 32.8 32.9 33.2 33.3 33.8 34.0 34.2 34.4 35.1 35.1 35.1 35.0 35.0 36.5 37.1 37.4 37.6 37.7 37.8 37.8 37.7 37.7 37.7 37.7 38.1 38.1 38.1
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
Current Assets
Cash & Cash Equivalents 268.8 184.7 1,142.4 842.5 308.8 400.3 257.3 463.2 968.8 848.6 615.6 526.3 333.8 240.1 159.4 123.9 126.6 139.8 327.9 261.7 319.6 330.0 315.3 258.8 187.0 184.8 171.6 141.8 98.3 100.9 93.5 65.7 37.3 56.5 18.5 94.2 80.4 134.4 104.5 102.1 108.2
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 930.5 894.4 874.3 752.6 748.7 751.6 827.8 859.7 829.2 799.0 870.9 857.7 834.0 836.1 815.6 773.7 735.5 668.4 516.9 491.6 462.8 427.3 436.5 423 431.6 428.8 454.6 444.8 428.7 407.1 419.7 396.2 313.6 308.5 315.4 297.3 269.4 252.6 265.7 255.0 243
Inventory 515.1 505.2 385.6 385.5 406.1 406.7 392.2 393.8 375.1 364.7 357.2 385.0 422.2 438.6 447.1 431.1 390.1 352.8 202.0 178.6 164.0 161.4 142.5 147.3 152.7 149.1 146.7 150.3 160.7 169.0 161.9 158.5 138.4 131.3 116.8 111.6 112.6 116.2 105.8 102.2 108.0
Other Current Assets 42.1 50.5 44.6 37.6 30.7 40.4 43.8 43.5 29.4 36.9 38.1 25.6 22.9 34.3 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
Total Current Assets 1,756.7 1,634.8 2,446.9 2,018.1 1,494.3 1,599.0 1,521.1 1,760.3 2,202.5 2,049.2 1,881.8 1,794.6 1,612.8 1,549.0 1,449.5 1,354.5 1,281.2 1,187.7 1,068.1 952.5 960.7 936.4 926.5 837.1 782.3 779.8 789.4 748.3 704.2 704.7 699.1 644.4 500.9 511.6 465.7 526.6 490.0 526.6 492.4 475.8 465.3
Non-Current Assets
Property, Plant & Equipment 548.1 563.0 472.6 434.8 438.6 452.4 459.2 458.6 467.8 469.1 474.3 462.8 471.5 459.3 440.4 424.4 433.2 421.8 307.6 300.5 281.1 263.5 253.8 261.4 271.7 265.2 264.5 263.5 264.1 168.0 166.7 159.3 115.4 107.1 98.1 98.2 95.8 92.8 92.0 91.8 92.1
Goodwill 3,070.9 3,045.2 2,573.5 2,125.8 2,113.4 2,112.3 2,092.3 2,090.8 2,052.3 2,042.6 2,039.8 1,991.9 1,992.4 1,967.0 1,966.2 1,968.6 1,964.3 1,949.8 1,496.7 1,494.2 1,430.9 1,410.7 1,379.7 1,379.8 1,379.8 1,367.9 1,367.9 1,363.7 1,363.3 1,364.0 1,362.7 1,362.9 1,082.8 1,077.2 1,077.1 1,084.8 1,063.5 1,045.1 1,045.1 1,044.0 1,044.0
Intangible Assets 1,325.0 1,351.6 907.4 531.4 539.6 557.7 565.4 583.1 578.3 591.1 606.9 595.7 607.7 615.0 631.0 653.5 669.8 684.2 234.9 237.6 205.5 190.6 172.4 176.9 182.2 181.1 185.8 189.0 194.2 199.4 205.1 210.3 48.4 33.2 34.3 28.8 16.0 2.7 2.8 1.6 1.8
Long-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 0
Other Non-Current Assets 10.5 10.7 9.9 9.7 10.3 10.4 12.5 10.2 9.5 10.9 11.3 12.9 16.5 16.5 19.0 20.0 13.1 13.2 10.6 11.2 11.1 11.3 11.0 11.0 11.4 5.6 4.8 4.6 5.2 5.3 5.5 6.1 2.2 2.3 3.0 3.2 3.3 3.6 3.6 1.6 2.1
Total Non-Current Assets 4,954.5 5,099.1 3,963.4 3,101.7 3,102.0 3,132.7 3,129.4 3,142.7 3,108.0 3,113.6 3,132.3 3,063.3 3,088.1 3,057.7 3,056.6 3,066.4 3,080.4 3,070.8 2,052.6 2,046.3 1,931.4 1,878.9 1,821.3 1,833.5 1,849.5 1,824.1 1,834.7 1,832.8 1,838.7 1,749.8 1,757.7 1,756.2 1,267.1 1,238.0 1,232.0 1,234.5 1,198.0 1,163.6 1,164.1 1,159.6 1,160.6
Total Assets 6,711.2 6,733.9 6,410.3 5,119.8 4,596.3 4,735.4 4,650.5 4,903.0 5,310.5 5,162.9 5,014.1 4,857.9 4,700.9 4,606.8 4,506.1 4,421.0 4,361.6 4,258.5 3,120.7 2,998.7 2,892.1 2,815.3 2,747.8 2,670.6 2,631.8 2,604.0 2,624.1 2,581.1 2,542.8 2,454.5 2,456.8 2,400.6 1,767.9 1,749.5 1,697.7 1,761.1 1,687.9 1,690.1 1,656.5 1,635.4 1,625.9
Current Liabilities
Account Payables 471.2 440.2 463.8 417.5 422.8 456.4 461.5 461.1 467.9 469.6 455.8 468.6 451.0 487.1 510.2 508.2 473.9 461.9 382.9 356.6 330.8 331.7 311.7 293.2 305.6 308.0 300.1 289.0 281.3 313.2 300.9 283.7 254.4 263.8 242.6 243 227.0 241.5 217.9 214.0 223.3
Short-Term Debt 156.4 155.2 136.0 50 52.5 48.8 45.1 45.7 46.2 47.0 48.1 45.1 42.4 40.1 37.4 38.2 38.7 38.6 23.6 23.5 23.4 23.3 23.2 23.2 23.1 34.3 33.3 32.3 29.1 26.9 23.4 20.3 14.4 12.5 17.5 12.5 20 20 20 20 17.5
Deferred Revenue 37.3 38.3 49.0 13.4 17.0 18.7 18.0 16.0 15.7 18.4 16.4 16.3 20.7 21.9 22.0 18.9 15.9 14.3 12.8 10.1 8.1 6.5 16.8 15.7 15.5 16.1 16.7 17.3 17.1 20.0 0 0 0 9.3 0 0 0 0 0 0 0
Other Current Liabilities 118.6 130.5 120.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21.5 0 0 0 0
Total Current Liabilities 879.6 844.8 842.7 714.3 738.5 767.2 756.1 752.2 784.4 771.5 753.7 758.3 751.2 789.6 788.6 801.7 777.9 733.4 584.8 543.2 514.3 496.5 485.1 471.5 471.1 476.8 482.5 458.1 451.4 444.3 440.6 413.0 343.3 351.4 341.3 332.7 346.6 325.9 311.5 307.4 306.3
Non-Current Liabilities
Long-Term Debt 2,769.9 2,784.2 2,798.7 1,833.2 1,312.9 1,327.2 1,341.4 1,352.0 1,362.5 1,373.0 1,383.7 1,394.8 1,405.9 1,417.3 1,428.9 1,437.1 1,445.5 1,454.5 675.6 681.0 686.5 683.4 688.9 694.3 699.8 698.0 702.0 705.6 709.2 716.6 718.4 721.3 233.5 229.4 232.4 235.4 153.9 158.8 163.7 168.6 173.5
Deferred Tax Liabilities 395.8 516.1 331.4 237.5 238.2 240.3 243.2 243.8 243.6 243.9 252.4 254.8 252.0 251.5 244.6 245.7 245.7 248.2 166.2 168.1 168.4 168.6 173.6 174.2 174.2 175.3 173.5 174.3 174.2 176.2 167.5 168.6 132.8 132.8 194.0 193.7 193.7 193.7 181.7 181.3 181.3
Other Non-Current Liabilities 60.4 60.8 60.5 59.7 59.1 59.1 62.2 61.8 61.7 60.3 59.9 58.8 66.7 62.1 64.5 62.6 54.3 52.8 61.1 63.1 63.9 64.3 65.9 58.1 52.9 47.1 45.6 44.2 45.5 45.3 44.2 46.8 37.5 39.4 40.6 41.3 39.8 39.1 40.0 38.2 39.1
Total Non-Current Liabilities 3,427.2 3,572.9 3,344.3 2,261.5 1,741.8 1,758.6 1,780.1 1,793.4 1,814.1 1,827.7 1,852.6 1,861.6 1,884.5 1,887.5 1,883.1 1,876.6 1,886.4 1,888.7 974.2 980.7 981.5 970.0 981.1 981.4 980.9 974.3 976.4 981.4 988.6 938.2 930.2 936.7 403.9 401.6 467.0 470.4 387.4 391.6 385.4 388.1 393.9
Total Liabilities 4,306.8 4,417.7 4,187.1 2,975.8 2,480.3 2,525.8 2,536.2 2,545.7 2,598.4 2,599.2 2,606.3 2,619.9 2,635.8 2,677.1 2,671.7 2,678.3 2,664.3 2,622.1 1,559.0 1,523.9 1,495.7 1,466.5 1,466.2 1,452.9 1,452.0 1,451.1 1,458.9 1,439.5 1,440.0 1,382.4 1,370.8 1,349.7 747.1 753.0 808.3 803.1 734.0 717.6 696.9 695.5 700.2
Stockholders' Equity
Common Stock 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4
Retained Earnings 3,620.1 3,515.2 3,410.7 3,268.5 3,116.9 2,993.5 2,843.0 2,674.0 2,523.3 2,370.9 2,224.5 2,056.9 1,892.5 1,756.7 1,612.8 1,459.1 1,315.4 1,200.7 1,122.3 1,026.9 936.5 876.7 805.9 735.9 680.4 632.9 586.9 531.9 479.9 441.9 403.3 360.7 333.5 307.1 202.1 170.7 147.3 149.0 127.7 103.1 87.5
Accumulated Other Comprehensive Income (24.2) (19.8) (23.0) (19.1) (29.0) (29.2) (18.1) (20.6) (18.8) (14.7) (18.9) (15.9) (20.2) (21.9) (20.8) (5.6) (3.4) (6.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 2,404.4 2,316.2 2,223.2 2,144.0 2,116.0 2,209.6 2,114.3 2,357.3 2,712.0 2,563.7 2,407.8 2,238.0 2,065.1 1,929.7 1,834.4 1,742.7 1,697.2 1,636.4 1,561.7 1,474.8 1,396.4 1,348.8 1,281.6 1,217.7 1,179.8 1,152.9 1,165.2 1,141.6 1,102.9 1,072.1 1,086.0 1,050.9 1,020.8 996.5 889.4 958.0 954.0 972.5 959.6 939.9 925.6
Total Liabilities & Equity 6,711.2 6,733.9 6,410.3 5,119.8 4,596.3 4,735.4 4,650.5 4,903.0 5,310.5 5,162.9 5,014.1 4,857.9 4,700.9 4,606.8 4,506.1 4,421.0 4,361.6 4,258.5 3,120.7 2,998.7 2,892.1 2,815.3 2,747.8 2,670.6 2,631.8 2,604.0 2,624.1 2,581.1 2,542.8 2,454.5 2,456.8 2,400.6 1,767.9 1,749.5 1,697.7 1,761.1 1,687.9 1,690.1 1,656.5 1,635.4 1,625.9
Debt Metrics
Total Debt 3,127.4 3,151.2 3,088.4 2,082.4 1,566.6 1,578.1 1,589.0 1,602.2 1,623.9 1,638.1 1,655.0 1,657.2 1,672.7 1,677.0 1,671.0 1,664.5 1,683.0 1,683.2 807.5 809.6 807.7 794.0 797.5 806.7 811.9 822.3 827.4 831.7 835.5 743.5 741.9 741.6 247.9 241.9 249.9 247.9 173.9 178.8 183.7 188.6 191.0
Net Debt 2,858.6 2,966.4 1,946.0 1,239.9 1,257.7 1,177.8 1,331.6 1,139.0 655.1 789.6 1,039.4 1,130.8 1,338.9 1,437.0 1,511.6 1,540.6 1,556.5 1,543.4 479.6 547.9 488.1 464.0 482.2 547.9 624.9 637.5 655.8 690.0 737.2 642.5 648.4 675.9 210.6 185.4 231.4 153.7 93.5 44.4 79.2 86.5 82.9
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
Operating Activities
Net Income 104.8 104.5 142.2 151.6 123.4 150.5 169.0 150.7 152.4 146.4 167.6 164.4 135.9 143.8 153.7 143.7 114.7 78.4 95.4 90.4 59.8 70.8 70.0 55.5 50.8 46.0 55.0 52.1 38.0 38.6 42.7 27.2 26.4 105.0 31.4 23.5 (1.7) 21.3 24.6 15.6 11.1
Depreciation & Amortization 56.3 55.4 42.3 35.9 35.8 35.7 35.5 35.0 34.3 34.7 33.6 32.6 32.1 30.3 32.4 30.1 30.5 28.4 17.8 17.7 15.5 14.9 14.2 19.1 14.2 13.7 13.5 13.1 12.5 12.3 11.9 9.7 5.4 4.7 4.9 3.6 3.2 3.1 3.0 3.0 2.9
Stock-Based Compensation 4.6 0 4.3 4.8 5.0 3.2 3.6 4.6 5.1 4.8 4.2 3.8 3.1 2.6 2.6 3.3 3.7 2.9 3.0 2.3 3.1 2.6 3.1 5.1 3.9 2.2 3.9 4.5 3.0 3.1 2.8 3.0 2.4 2.4 2.4 3.0 2.1 1.9 2.0 2.1 1.6
Change in Working Capital (12.2) 21.7 35.0 (1.6) (27.1) 76.1 25.4 (107.1) (19.5) 82.6 (6.8) 11.6 (8.0) (23.2) (76.7) (61.5) (63.8) (18.2) (9.9) (2.1) (5.1) 16.0 (11.7) 20.4 3.0 14.6 11.4 0.2 (34.3) 1.7 (3.7) (18.5) (17.7) 4.4 (11.4) (22.1) 9.6 8.1 (10.3) (19.8) (14.7)
Other Non-Cash Items 7.2 7.8 6.7 3.9 17.3 0.7 7.2 6.9 6.7 (7.5) 4.1 3.7 6.1 6.6 5.8 12.6 4.4 3.2 2.5 4.5 16.2 1.3 2.6 5.1 1.1 3.3 3.1 3.0 4.3 1.9 1.9 2.0 1.0 1.9 1.4 2.9 1.6 1.4 2.0 1.9 2.4
Operating Cash Flow 160.7 176.7 233.3 193.7 152.6 266.2 240.7 90.4 178.8 260.9 202.7 216.0 169.8 160.2 117.9 128.2 89.5 93.5 107.3 112.8 89.4 102.2 77.6 105.2 72.9 89.0 86.5 72.7 23.5 71.1 54.6 23.8 17.6 58.6 28.9 10.8 14.8 48.9 21.8 2.8 3.4
Investing Activities
Capital Expenditure (14.0) (17.4) (17.1) (11.5) (13.4) (12.6) (20.8) (16.1) (19.9) (15.9) (17.4) (15.1) (15.6) (20.3) (20.0) (17.6) (18.4) (13.2) (13.8) (16.3) (12.3) (13.7) (6.3) (5.0) (15.9) (11.4) (12.1) (11.8) (10.2) (10.1) (14.9) (16.3) (11.3) (12.2) (4.5) (4.8) (3.8) (4.1) (4.1) (3.1) (2.9)
Acquisitions (27.9) (1,080.8) (829.6) (21.5) 0.3 (48.3) (0.3) (65.9) (22.2) (1.5) (101.7) (0.1) (45.8) 0 (1.8) (4.8) (14.0) (1,062.1) (9.6) (134.3) (61.1) (62.0) (0.9) 0 (20.5) (0.5) (6.5) 0 0 0.5 (1.6) (472.1) (27.0) (0.1) (0.1) (42.7) (41.2) 0 0 0 0
Purchases of 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 0
Sales/Maturities of 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 0
Other Investing Activities 0.4 0 0 0.4 0.2 0.3 0.2 0.5 1.6 0.3 13.9 0.3 0.5 0.1 2.3 0.4 0.3 0.1 0.1 0.1 0.1 0.1 1.6 0.6 0.2 0.1 0.3 1.9 0.1 0.4 0.1 0.4 0.1 0.2 0.4 0.1 0.2 0.4 (3.4) 0.2 0.1
Investing Cash Flow (41.5) (1,098.2) (846.8) (32.6) (12.9) (60.6) (21.0) (81.4) (40.5) (17.2) (105.2) (14.9) (61.0) (20.2) (19.5) (22.0) (32.1) (1,075.2) (23.3) (150.5) (73.3) (75.6) (5.6) (4.5) (36.2) (11.9) (18.3) (9.9) (10.1) (9.3) (16.4) (488.0) (38.1) (12.1) (4.3) (47.4) (44.9) (3.7) (7.4) (2.9) (2.8)
Financing Activities
Net Debt Issuance (17.5) (19.3) 977.1 516.8 (11.2) (11.4) (11.8) (11.8) (12.1) (12.4) (8.9) (9.1) (9.7) (9.7) (9.7) (9.7) (9.6) 802.0 (5.8) (5.9) (4.6) (5.8) (5.8) (5.7) (7.7) (3.4) (3.1) (0.8) (5.6) 1.2 (0.0) 500.1 6.9 (8.1) 1.9 75 (5) (5) (5) (2.5) (2.5)
Stock Repurchased 0 (17.0) (65.5) (136.0) (215.6) (47.2) (413.9) (505.2) 0 0 0 0 0 (50) (50) (100.0) (50) 0 (11.5) (14.2) (9.9) (6.0) (9.0) (20.0) (14.1) (58.7) (32.7) (14.9) (4.6) (55.5) (9.5) 0 0 0 (100) (21.9) (17.4) (10.9) (6.4) (3.4) (1.5)
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Financing Activities (18.3) (0.4) 0 (10.4) (4.5) (0.0) (0.0) 2.2 (6.1) (0.2) 0 (0.3) (6.3) 0 (1.1) 0.6 (10.9) (8.4) (0.5) (0.2) (12.0) (0.2) (0.7) (3.2) (12.7) (1.8) (2.7) (3.7) (5.8) (0.0) (1.0) (7.5) (5.6) (0.3) (2.3) (2.7) (1.6) 0.7 (0.5) (0.0) (1.3)
Financing Cash Flow (34.4) (36.6) 914.3 370.4 (231.3) (58.6) (425.8) (514.9) (17.1) (12.0) (7.9) (8.9) (15.1) (59.7) (60.8) (109.1) (70.5) 793.6 (17.9) (20.2) (26.5) (11.9) (15.4) (29.0) (34.5) (63.9) (38.4) (19.4) (16.1) (54.4) (10.5) 492.6 1.4 (8.4) (100.5) 50.4 (24.0) (15.3) (12.0) (6.0) (5.3)
Cash Position
Net Change in Cash 84.1 (957.7) 299.9 533.7 (91.5) 143.0 (205.9) (505.6) 120.2 233.0 89.3 192.5 93.7 80.7 35.5 (2.7) (13.2) (188.1) 66.2 (57.9) (10.4) 14.7 56.5 71.8 2.2 13.2 29.8 43.5 (2.7) 7.5 27.7 28.4 (19.2) 38.1 (75.8) 13.9 (54.0) 29.9 2.4 (6.1) (4.7)
Cash at Beginning 184.7 1,142.4 842.5 308.8 400.3 257.3 463.2 968.8 848.6 615.6 526.3 333.8 240.1 159.4 123.9 126.6 139.8 327.9 261.7 319.6 330.0 315.3 258.8 187.0 184.8 171.6 141.8 98.3 100.9 93.5 65.7 37.3 56.5 18.5 94.2 80.4 134.4 104.5 102.1 108.2 112.8
Cash at End 268.8 184.7 1,142.4 842.5 308.8 400.3 257.3 463.2 968.8 848.6 615.6 526.3 333.8 240.1 159.4 123.9 126.6 139.8 327.9 261.7 319.6 330.0 315.3 258.8 187.0 184.8 171.6 141.8 98.3 100.9 93.5 65.7 37.3 56.5 18.5 94.2 80.4 134.4 104.5 102.1 108.2
Free Cash Flow 146.7 159.4 216.2 182.2 139.2 253.7 219.8 74.3 158.9 245.0 185.3 200.9 154.2 139.8 97.9 110.6 71.1 80.3 93.5 96.5 77.1 88.4 71.3 100.2 57.0 77.6 74.4 61.0 13.3 61.0 39.8 7.6 6.3 46.4 24.4 6.1 11.0 44.8 17.7 (0.3) 0.5
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
Income Statement
Revenue 1,445.9 1,485.2 1,393.2 1,297.4 1,233.3 1,312.2 1,373.3 1,365.6 1,278.7 1,286.1 1,326.1 1,317.3 1,265.2 1,264.5 1,301.0 1,274.3 1,168.9 1,063.4 845.8 834.3 742.8 721.5 697.2 646.1 653.2 662.4 682.3 660.1 619.3 639.5 647.3 606.0 491.4 501.4 489.0 474.5 441.4 444.1 453.1 431.6 414.0 426.5 427.9 403.8 358.5 398.1 397.6 382.8 333.6
Gross Profit 400.3 404.6 418.9 394.0 351.5 392.0 421.8 423.9 387.1 391.1 420.7 421.8 370.2 375.7 395.7 384.1 331.2 283.2 250.3 243.2 197.8 198.0 198.3 178.1 172.0 171.3 179.3 174.9 155.7 158.2 161.9 145.0 111.0 122.0 120.8 116.6 101.6 105.1 108.1 97.7 89.5 104.5 94.0 85.7 73.8 92.8 88.4 84.9 65.6
Operating Income 176.4 179.6 215.0 219.8 177.5 217.4 244.0 210.4 214.5 204.8 237.5 237.1 199.4 203.1 222.9 207.2 164.0 118.4 133.8 128.3 95.9 103.1 101.5 80.5 70.0 76.4 80.4 76.0 56.6 65.2 66.2 43.7 33.9 50.0 49.6 40.8 (3.5) 35.9 39.1 26.8 19.8 43.0 30.2 11.5 (1.1) 24.6 13.8 10.2 (7.9)
Net Income 104.8 104.5 142.2 151.6 123.4 150.5 169.0 150.7 152.4 146.4 167.6 164.4 135.9 143.8 153.7 143.7 114.7 78.4 95.4 90.4 59.8 70.8 70.0 55.5 50.8 46.0 55.0 52.1 38.0 38.6 42.7 27.2 26.4 105.0 31.4 23.5 (1.7) 21.3 24.6 15.6 11.1 59.7 16.6 6.4 (3.8) 5.8 6.4 5.8 (8.6)
EPS (Diluted) 3.73 3.71 5.04 5.30 4.23 5.11 5.65 4.78 4.79 4.60 5.27 5.18 4.28 4.52 4.76 4.41 3.47 2.37 2.88 2.72 1.80 2.13 2.11 1.67 1.51 1.36 1.60 1.51 1.09 1.10 1.19 0.76 0.74 2.93 0.88 0.63 -0.05 0.57 0.65 0.41 0.29 1.58 0.44 0.17 -0.10 0.15 0.17 0.15 -0.23
Balance Sheet
Cash & Equivalents 268.8 184.7 1,142.4 842.5 308.8 400.3 257.3 463.2 968.8 848.6 615.6 526.3 333.8 240.1 159.4 123.9 126.6 139.8 327.9 261.7 319.6 330.0 315.3 258.8 187.0 184.8 171.6 141.8 98.3 100.9 93.5 65.7 37.3 56.5 18.5 94.2 80.4 134.4 104.5 102.1 108.2
Total Assets 6,711.2 6,733.9 6,410.3 5,119.8 4,596.3 4,735.4 4,650.5 4,903.0 5,310.5 5,162.9 5,014.1 4,857.9 4,700.9 4,606.8 4,506.1 4,421.0 4,361.6 4,258.5 3,120.7 2,998.7 2,892.1 2,815.3 2,747.8 2,670.6 2,631.8 2,604.0 2,624.1 2,581.1 2,542.8 2,454.5 2,456.8 2,400.6 1,767.9 1,749.5 1,697.7 1,761.1 1,687.9 1,690.1 1,656.5 1,635.4 1,625.9
Total Debt 3,127.4 3,151.2 3,088.4 2,082.4 1,566.6 1,578.1 1,589.0 1,602.2 1,623.9 1,638.1 1,655.0 1,657.2 1,672.7 1,677.0 1,671.0 1,664.5 1,683.0 1,683.2 807.5 809.6 807.7 794.0 797.5 806.7 811.9 822.3 827.4 831.7 835.5 743.5 741.9 741.6 247.9 241.9 249.9 247.9 173.9 178.8 183.7 188.6 191.0
Stockholders' Equity 2,404.4 2,316.2 2,223.2 2,144.0 2,116.0 2,209.6 2,114.3 2,357.3 2,712.0 2,563.7 2,407.8 2,238.0 2,065.1 1,929.7 1,834.4 1,742.7 1,697.2 1,636.4 1,561.7 1,474.8 1,396.4 1,348.8 1,281.6 1,217.7 1,179.8 1,152.9 1,165.2 1,141.6 1,102.9 1,072.1 1,086.0 1,050.9 1,020.8 996.5 889.4 958.0 954.0 972.5 959.6 939.9 925.6
Cash Flow
Operating Cash Flow 160.7 176.7 233.3 193.7 152.6 266.2 240.7 90.4 178.8 260.9 202.7 216.0 169.8 160.2 117.9 128.2 89.5 93.5 107.3 112.8 89.4 102.2 77.6 105.2 72.9 89.0 86.5 72.7 23.5 71.1 54.6 23.8 17.6 58.6 28.9 10.8 14.8 48.9 21.8 2.8 3.4
Capital Expenditure (14.0) (17.4) (17.1) (11.5) (13.4) (12.6) (20.8) (16.1) (19.9) (15.9) (17.4) (15.1) (15.6) (20.3) (20.0) (17.6) (18.4) (13.2) (13.8) (16.3) (12.3) (13.7) (6.3) (5.0) (15.9) (11.4) (12.1) (11.8) (10.2) (10.1) (14.9) (16.3) (11.3) (12.2) (4.5) (4.8) (3.8) (4.1) (4.1) (3.1) (2.9)
Free Cash Flow 146.7 159.4 216.2 182.2 139.2 253.7 219.8 74.3 158.9 245.0 185.3 200.9 154.2 139.8 97.9 110.6 71.1 80.3 93.5 96.5 77.1 88.4 71.3 100.2 57.0 77.6 74.4 61.0 13.3 61.0 39.8 7.6 6.3 46.4 24.4 6.1 11.0 44.8 17.7 (0.3) 0.5