BioMarin Pharmaceutical Inc. logo BMRN - BioMarin Pharmaceutical Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 28
HOLD 13
SELL 0
STRONG
SELL
0
| PRICE TARGET: $89.93 DETAILS
HIGH: $120.00
LOW: $50.00
MEDIAN: $95.00
CONSENSUS: $89.93
UPSIDE: 66.26%
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 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 766.2 874.6 776.1 825.4 745.1 747.3 745.7 712.0 648.8 646.2 581.3 595.3 596.4 537.5 505.3 533.8 519.4 449.8 408.7 501.7 486.0 452.1 476.8 429.5 502.0 454.4 461.1 387.8 400.7 353.2 391.7 372.8 373.4 358.3 334.1 317.4 303.7 300.1 279.9 300.1 236.7 227.9 208.9 250.1 202.9 230.9 176.5 191.8 151.6 146.9 136.9 136.8 127.9 131.9 128.1 124.0 116.6 107.8 113.4 110.6 109.5 101.6 97.8 92.0 85.0 87.1 80.8 82.8 74.0 99.3 72.6 64.2 60.4 44.9 25.0 28.9 22.8 22.0 24.9 23.4 13.8 9.5 7.6 3.6 5.0 13.9 0.2 4.6 0 0 12.1 3.1 3.4 0.9 3.0 2.7 3.1 2.8 3.1 3.3
Cost of Revenue 195.0 295.1 140.1 150.1 151.6 136.1 188.5 130.5 125.2 135.5 128.0 130.6 135.5 127.3 116.3 123.1 117.0 119.8 103.5 127.1 120.2 126.1 188.8 98.0 111.4 95.9 96.9 77.4 89.2 75.0 78.9 79.0 82.3 76.0 59.5 56.3 50.0 64.1 50.7 51.6 43.1 42.6 34.9 38.1 31.0 45.8 29.9 31.2 22.8 24.6 28.1 22.6 20.5 26.5 24.6 23.6 17.1 21.5 22.4 19.3 20.8 20.5 18.0 14.4 17.4 16.7 15.0 19.8 14.4 11.7 14.1 9.6 17.2 5.2 4.5 4.6 4.1 3.6 2.6 0.8 1.7 1.3 0.2 0.5 0.7 3.3 0.0 0.6 0 0 0 0 0 0 0.3 (1.6) (1.8) (1.7) (1.5) (1.6)
Gross Profit 571.2 579.5 636.0 675.3 593.6 611.2 557.3 581.6 523.7 510.7 453.3 464.7 460.9 410.2 389.1 410.7 402.4 330.1 305.2 374.6 365.9 326.0 288.0 331.5 390.7 358.5 364.1 310.3 311.6 278.2 312.8 293.8 291.1 282.3 274.7 261.1 253.7 235.9 229.2 248.5 193.6 185.3 174 212.1 171.9 185.0 146.6 160.6 128.7 122.3 108.8 114.2 107.4 105.4 103.5 100.4 99.5 86.3 91.0 91.4 88.7 81.1 79.7 77.5 67.5 70.4 65.8 62.9 59.6 87.6 58.6 54.6 43.2 39.6 20.5 24.3 18.7 18.4 22.3 22.7 12.1 8.1 7.4 3.1 4.3 10.6 0.1 4.0 0 0 0 0 0 0 3.4 5.0 5.0 4.5 4.6 4.9
Operating Expenses
R&D Expenses 178.8 192.4 409.5 161.3 158.7 173.5 184.9 183.8 205.0 206.2 191.3 177.4 171.8 172.8 157.8 158.2 160.8 161.1 157.9 161.1 148.7 156.7 147.1 182.1 142.3 172.8 173.0 185.6 183.6 175.4 161.4 175.6 183.9 168.6 154.1 143.0 145.0 175.2 160.8 167.0 158.8 176.1 158.7 157.9 142.1 142.1 125.7 107.7 86.2 97.3 88.1 85.7 83.7 84.4 66.2 77.8 73.8 57.9 58.6 52.9 45.0 42.2 39.4 35.6 30.1 27.4 27.0 26.3 34.4 25.7 26.2 23.8 17.6 24.0 17.2 19.2 18.2 20.6 18.1 15.8 12.3 12.7 13.9 14.8 15.0 12.1 11.8 12.3 13.9 17.6 11.7 13.2 13.3 13.4 11.7 10.0 10.7 8.5 7.9 8.7
SG&A Expenses 258.3 802.1 268.4 232.3 206.1 266.6 253.5 263 225.9 275 172.6 206.1 211.0 245.7 216.8 196.8 194.6 217.6 183.3 184.2 174.3 195.5 179.5 175.4 187.3 187.9 170.1 160.7 162.2 164.2 148.6 153.3 138.3 160.3 130.5 143.5 120.0 143.0 118.8 109.6 105.3 113.9 94.0 101.5 92.8 99.6 74.6 68.1 60.1 71.8 61.8 50.7 51.0 55.0 46.3 51.5 45.2 48.5 44.9 41.0 41.0 42.1 38.3 37.3 34 36.5 28.7 30.5 28.6 28.7 29.0 25.2 23.7 23.9 19.5 17.6 16.3 14.0 12.3 11.9 10.9 11.1 9.8 10.1 10.6 13.3 12.8 7.5 3.9 5.5 4.5 6.6 3.1 (0.8) 1.5 1.5 2.3 2.3 2.2 2.0
Other Expenses 4.5 (494.4) 4.8 4.8 4.9 9.7 5.0 14.3 4.3 15.3 58.8 15.6 15.7 16.3 16.8 16.5 (90.4) 17.2 17.3 17.7 17.8 18.6 17.4 14.9 (43.8) 7.0 17.1 5.3 19.8 (23.2) 18.6 (9.8) 13.2 (104.6) 3.8 13.4 8.9 7.4 9.7 544.7 10.4 (206.0) 3.1 16.9 2.9 2.2 (64.9) 3.7 9.0 5.4 9.6 (2.0) 5.6 12.9 1.4 2.0 2.3 1.4 3.0 (3.3) 0.3 0.2 4.0 1.6 0.7 0 0.0 1.8 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 (4.6) (4.0) (3.7) (3.4) (2.8) (3.1) (3.0) (1.8) 64.7 2.2 38.0 1.8 2.1 5.4 9.5 0 10.8 (0.3) 1.6 2.0 1.9 1.7 1.7
Operating Expenses 441.6 500.1 682.7 398.4 369.7 449.8 443.4 461.1 435.2 496.5 422.8 399.1 398.5 434.7 391.5 371.5 265.1 395.9 358.4 363.0 340.8 370.8 343.9 372.5 285.7 367.7 360.1 351.7 365.5 316.3 328.6 319.1 335.5 224.3 288.4 300.0 273.9 325.6 289.2 821.3 274.5 84.0 255.9 276.4 237.8 243.8 135.4 179.5 155.2 174.6 159.5 134.3 140.3 152.3 114.0 131.4 121.4 107.8 106.5 90.6 86.4 84.5 81.7 74.5 64.8 64.0 55.7 58.6 64.0 55.6 56.2 50.1 42.4 49 37.9 37.9 35.5 30.0 26.4 24.0 19.7 21.0 20.6 21.9 23.8 90.2 26.8 57.8 19.3 25.1 21.6 29.4 16.4 23.4 12.7 12.8 15.0 12.8 11.8 12.4
Operating Income
Operating Income 129.6 79.4 (46.7) 276.9 223.9 161.4 113.9 120.5 88.5 14.2 30.5 65.6 62.4 (24.5) (2.4) 39.2 137.3 (65.9) (53.2) 11.7 25.1 (44.8) (55.9) (40.9) 105.0 (9.2) 4.0 (41.4) (54.0) (38.1) (15.7) (25.3) (44.4) 58.0 (13.7) (38.8) (20.2) (89.6) (60.1) (572.8) (80.9) 101.3 (81.9) (64.3) (65.9) (58.8) 11.2 (18.9) (26.5) (52.3) (50.7) (20.1) (32.9) (46.9) (10.5) (31.0) (21.9) (21.4) (15.5) 0.8 2.3 (3.4) (1.9) 3.0 2.8 6.4 10.1 4.3 (4.4) 32.1 2.4 4.5 0.8 (9.4) (17.3) (13.6) (16.8) (11.6) (4.1) (1.3) (7.7) (12.8) (13.2) (18.8) (19.4) (79.6) (26.6) (53.8) (19.3) (25.1) (9.5) (26.3) (13.0) (22.6) (10.0) (8.4) (10.0) (8.2) (7.2) (7.5)
Interest Expense 15.0 2.8 2.6 2.7 2.9 2.6 3.0 3.6 3.5 6.1 3.8 3.8 3.7 3.6 4.7 3.9 3.8 3.8 3.9 3.8 3.8 4.7 9.6 8.0 6.9 6.9 2.9 6.9 6.7 7.7 12.1 12.2 11.6 11.7 10.9 10.0 10.1 9.7 10.0 9.9 9.8 9.3 9.4 10.0 9.5 9.2 9.1 9.2 9.1 7.6 0.5 0.6 1.7 1.9 1.8 1.9 1.9 1.7 2.4 2.1 2.1 2.3 3.0 2.6 2.4 2.7 2.9 4.4 4.1 0 4.1 4.1 0 0 0 3.7 0 6.3 0 0 0 2.9 0 2.9 0 0 0 0 1.4 1.4 0 0.9 0.2 0 0 0 0.0 0 0 0
Interest Income 22.6 19.2 17.9 18.8 19.0 17.7 18.1 19.8 19.4 18.0 15.7 12.6 11.9 8.7 5.0 2.5 1.8 1.7 1.8 4.5 2.4 3.1 4.0 4.3 5.2 5.2 5.3 5.9 6.3 5.7 6.3 5.6 5.2 4.8 4.0 3.0 3.1 2.9 1.6 1.4 1.6 1.5 1.3 1.0 0.7 1.6 1.4 1.7 1.1 1.1 0.6 0.7 0.7 0.8 0.8 0.5 0.5 0.6 0.7 0.8 0.8 0.9 1.0 1.0 1.2 1.0 1.0 0.9 2.2 14.1 3.4 4.1 0 0 0 6.9 0 4.1 0 0 0 0.7 0 0.4 0 0.6 0 0 0.8 0.8 0 0 1.0 0 0 0 0.7 0 0 0
Profitability
EBITDA 172.6 (3.9) (5.3) 319.1 263.0 195.5 156.4 162.2 136.4 51.7 71.1 100.0 86.9 10.0 27.6 64.0 165.3 (37.3) (15.5) 45.2 55.0 (8.1) (25.0) (9.5) 134.2 22.4 43.5 (9.2) (23.8) (11.4) 18.1 3.0 (16.6) 94.1 9.8 (17.3) 4.3 (63.2) (28.2) (545.2) (61.4) 103.4 (69.8) (56.4) (55.2) (40.5) 25.7 (5.7) (14.4) (42.4) (38.5) (6.9) (31.7) (35.3) 1.7 (19.3) (11.5) (11.8) (8.2) 9.6 11.1 (9.1) 6.2 9.8 9.6 11.5 15.3 12.4 (3.5) 52.3 14.0 11.1 1.9 (8.3) (16.2) (12.5) (15.7) (9.0) (1.0) 2.4 (5.1) (10.1) (10.7) (16.4) (17.0) (82.1) (24.5) (15.2) (17.1) (22.7) (7.4) (24.4) (10.8) (10.1) (8.0) (6.5) (8.0) (6.3) (5.5) (5.8)
EBIT 156.2 (24.4) (23.7) 300.5 241.0 171.9 137.4 135.7 109.1 24.8 45.4 74.6 60.5 (14.5) 2.8 38.7 138.0 (63.3) (42.3) 18.0 27.0 (35.4) (51.6) (34.7) 108.3 (3.4) 12.8 (35.5) (46.2) (36.2) (8.3) (18.0) (40.2) 65.4 (10.9) (36.4) (15.1) (83.3) (57.7) (573.8) (80.1) 101.5 (81.8) (73.4) (66.1) (57.4) 11.5 (19.3) (26.4) (51.8) (51.9) (19.8) (43.0) (48.2) (9.9) (30.5) (22.1) (21.4) (17.6) 1.0 2.6 (17.0) (1.6) 3.2 4.2 6.6 10.5 6.2 (8.6) 42.1 5.2 8.0 0.8 (9.4) (17.3) (13.6) (16.8) (11.6) (4.1) (1.3) (7.7) (12.8) (13.2) (18.8) (19.4) (83.6) (26.6) (18.4) (19.3) (25.1) (9.5) (26.3) (13.0) (10.9) (10.0) (8.4) (10.0) (8.2) (7.2) (7.5)
Income Before Tax 141.2 (27.2) (26.3) 297.9 238.1 169.6 134.4 132.1 105.5 19.3 41.7 70.8 56.8 (17.6) (1.9) 34.9 134.2 (66.6) (46.2) 14.2 23.2 (40.2) (61.2) (42.3) 101.4 (9.8) 9.8 (41.9) (53.0) (43.3) (19.4) (29.2) (50.8) 54.6 (20.6) (45.5) (24.3) (92.2) (66.8) (582.9) (89.1) 93.0 (90.4) (82.5) (74.7) (65.7) 3.2 (27.7) (34.6) (59.4) (52.3) (20.3) (44.5) (50.1) (11.8) (32.4) (24.0) (23.1) (19.7) (1.2) 0.4 (19.2) (4.6) 0.6 1.8 3.9 7.6 1.8 (12.7) 26.6 1.1 4.0 1.8 0 (5.0) 0 (9.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Income Tax Expense 35.7 19.4 4.4 57.3 52.4 44.7 28.4 25.0 16.9 (1.0) 1.3 14.8 5.9 (17.3) 4.7 7.2 13.4 (8.7) (9.7) 1.2 5.9 (62.3) (846.0) (13.1) 20.0 (24.8) (45.2) (4.5) 3.5 (39.7) (6.8) (12.4) (6.7) 106.0 (8.1) (8.7) (8.0) (13.5) (29.4) (163.9) (6.1) 24.3 0.5 (0.6) (7.2) 4.1 (4.2) 5.8 3.5 2.6 0.7 1.2 (4.7) 2.9 (6.4) (0.4) (0.0) 3.6 (2.1) 3.9 4.8 (7.0) (222.0) 1.1 0.6 (0.8) 0.9 0.5 0.4 2.0 0.3 0.2 0.1 0.7 (2.6) 0 0 (18.1) 0 4.7 0 (59.3) 0 0 0.1 0.7 0 0 0 (50.1) 0 (58.1) 1.4 16.7 1.3 0.6 0.4 (0.1) (0.1) 4.2
Net Income 105.5 (46.6) (30.7) 240.5 185.7 124.9 106.1 107.2 88.7 20.4 40.4 56.0 50.9 (0.2) (6.7) 27.7 120.8 (57.9) (36.5) 12.9 17.4 22.1 784.8 (29.2) 81.4 15.0 55.0 (37.4) (56.5) (3.6) (12.6) (16.8) (44.1) (51.4) (12.5) (36.8) (16.3) (78.7) (37.4) (419.0) (83.1) 68.6 (90.9) (82.0) (67.5) (69.8) 7.4 (33.5) (38.1) (62.0) (53.0) (21.5) (39.8) (53.0) (5.4) (32.0) (24.0) (26.7) (17.7) (5.1) (4.4) (12.2) 217.3 (0.5) 1.2 4.7 6.6 1.3 (13.2) 24.5 0.8 3.8 1.7 2.6 (5.2) (3.9) (9.3) (10.4) (7.0) (1.3) (9.8) (15.0) (15.5) (21.3) (22.5) (82.4) (29.5) (55.6) (19.9) (25.7) (9.1) (19.3) (14.4) (34.9) (12.0) (9.7) (10.4) (8.1) (7.1) (11.7)
Per Share Data
EPS (Basic) 0.55 -0.24 -0.16 1.25 0.97 0.66 0.57 0.56 0.47 0.11 0.21 0.30 0.27 -0.00 -0.04 0.15 0.63 -0.32 -0.20 0.07 0.10 0.12 4.33 -0.16 0.45 0.08 0.31 -0.21 -0.32 -0.02 -0.07 -0.09 -0.25 -0.29 -0.07 -0.21 -0.09 -0.53 -0.26 -2.61 -0.53 0.43 -0.57 -0.51 -0.43 -0.47 0.05 -0.23 -0.26 -0.43 -0.38 -0.15 -0.31 -0.43 -0.04 -0.27 -0.21 -0.23 -0.16 -0.05 -0.04 -0.11 2.13 -0.00 0.01 0.05 0.07 0.01 -0.13 0.25 0.01 0.04 0.02 0.03 -0.05 -0.04 -0.10 -0.11 -0.08 -0.02 -0.13 -0.20 -0.21 -0.33 -0.35 -1.28 -0.46 -0.86 -0.31 -0.40 -0.14 -0.34 -0.27 -0.66 -0.30 -0.26 -0.28 -0.23 -0.20 -0.34
EPS (Diluted) 0.54 -0.22 -0.16 1.23 0.95 0.64 0.55 0.55 0.46 0.11 0.21 0.29 0.26 -0.00 -0.04 0.15 0.62 -0.32 -0.20 0.07 0.09 0.12 4.01 -0.16 0.44 0.08 0.30 -0.21 -0.32 -0.02 -0.07 -0.09 -0.25 -0.29 -0.07 -0.21 -0.09 -0.53 -0.26 -2.61 -0.53 0.39 -0.56 -0.51 -0.43 -0.47 0.05 -0.23 -0.26 -0.43 -0.38 -0.15 -0.31 -0.43 -0.04 -0.27 -0.21 -0.23 -0.16 -0.05 -0.04 -0.11 1.68 -0.00 0.01 0.04 0.06 0.01 -0.13 0.25 0.01 0.04 0.02 0.03 -0.05 -0.04 -0.10 -0.11 -0.08 -0.02 -0.13 -0.20 -0.21 -0.33 -0.35 -1.28 -0.46 -0.86 -0.31 -0.40 -0.14 -0.34 -0.27 -0.66 -0.30 -0.26 -0.28 -0.23 -0.20 -0.34
Shares Outstanding 192.5 191.8 192.0 191.4 191.0 190.7 190.4 190.1 188.9 188.5 188.2 187.9 186.7 186.0 185.6 185.3 190.5 181.6 182.5 182.8 181.8 181.4 181.1 180.7 179.9 179.5 179.3 178.3 176.5 177.9 177.5 176.9 175.9 175.5 175.1 174.4 172.7 172.0 167.7 162.6 161.5 161.1 160.9 160.4 157.6 148.1 147.0 146.1 144.0 144.0 139.5 139.4 128.0 124.6 123.4 117.9 115.1 114.4 112.3 111.1 110.7 110.7 102.1 101.7 101.1 101.1 100.3 100.1 99.9 99.9 99.5 98.9 97.6 97.6 96.2 95.8 94.6 91.6 86.3 85.3 75.0 74.2 72.0 64.6 64.5 64.5 64.4 64.3 64.2 64.2 63.5 57.0 53.4 52.5 39.6 37.1 37.0 36.1 35.4 35.0
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 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1
Current Assets
Cash & Cash Equivalents 2,222.4 1,311.7 1,250.1 1,213.8 1,048.8 942.8 675.4 972.1 747.0 755.1 785.4 694.4 580.1 724.5 761.5 619.8 605.4 587.3 617.1 641.5 667.3 649.2 1,015.7 818.9 476.6 437.4 423.2 307.6 364.4 494.0 882.2 427.4 474.0 598.0 431.4 354.9 348.2 408.3 707.3 306.0 270.5 115.8 109.0 167.2 200.1 214.6 291.8 48.2 96.2 121.4 221.8 125.8 33.6 32.4 7.2 19.0 19.7 16.5 16.1 10.6 40.7 23.4 32.6 17.2 3.6
Short-Term Investments 0 248.9 227.7 218.3 223.5 194.9 255.0 252.2 299.6 318.7 340.4 476.6 572.0 567.0 512.3 489.9 450.8 426.6 462.3 481.9 420.2 416.2 490.0 561.5 381.8 316.4 297.6 423.5 530.5 590.3 561.2 935.7 908.8 797.9 825.7 372.9 329.8 381.3 327.5 197.3 186.4 221.9 214.7 133.5 146.3 337.3 294.9 80.5 95.0 85.0 44.6 22.7 40.3 54.1 36.7 40.9 10.0 23.7 31.4 38.8 15.0 39.6 39.6 0.3 0.3
Net Receivables 903.9 908.2 790.3 855.9 739.2 660.5 777.5 691.2 637.2 633.7 572.5 610.2 597.9 461.3 419.6 466.5 430.1 373.4 374.9 424.4 396.1 448.4 411.7 381.2 396.4 377.4 403.0 377.1 393.4 342.6 384.3 363.6 318.4 261.4 251.9 238.3 230.2 215.3 215.9 214.2 180.8 83.8 87.2 80.6 81.3 61.4 16.0 4.6 0 0 0 0 0 2.3 4.9 2.2 0.8 2.9 3.0 3.0 5.0 2.5 0.4 1.5 0.9
Inventory 1,273.2 1,298.9 1,382.2 1,340.2 1,274.8 1,232.7 1,179.3 1,183.6 1,138.0 1,107.2 1,032.2 975.5 918.9 894.1 839.5 802.3 786.4 776.7 749.4 711.0 713.9 698.5 700.8 743.9 705.7 680.3 609.0 578.7 534.7 530.9 508.5 473.4 468.2 475.8 457.4 429.8 384.1 355.1 347.4 326.6 297.0 83.8 79.8 78.7 72.8 76.4 31.6 2.1 0 0 0 0 0 0 0.5 0.5 0.4 0.4 0.4 0.5 0.6 0.7 0.9 0.8 0.1
Other Current Assets 205.5 185.8 204.3 177.2 181.5 201.5 169.3 160.4 163.3 141.4 224.8 193.4 173.2 104.5 149.9 139.0 121.3 110.4 107.8 99.0 91.2 129.9 120.7 142.1 155.8 130.7 126.5 119.8 93.9 98.4 71.7 80.1 71.8 74.0 83.6 62.9 60.3 61.7 68.4 61.9 58.2 10.2 4.6 2.6 2.9 23.9 7.0 46.1 17.6 18.9 8.7 6.2 7.1 2.6 0 0 3.4 1.0 0.5 0.6 0.2 0.3 2.9 1.3 0.6
Total Current Assets 4,605.1 3,953.5 3,854.5 3,805.3 3,467.9 3,232.4 3,056.6 3,259.6 2,985.0 2,956.1 2,955.3 2,950.1 2,842.1 2,751.5 2,682.7 2,517.6 2,394.0 2,274.4 2,311.6 2,357.8 2,288.8 2,342.2 2,739.0 2,647.6 2,116.2 1,942.1 1,859.4 1,806.8 1,916.9 2,056.2 2,407.9 2,280.1 2,241.1 2,207.1 2,050.0 1,458.8 1,352.8 1,421.8 1,666.6 1,105.9 992.8 521.9 500.4 467.7 507.0 713.6 641.2 181.6 208.8 225.3 275.1 154.8 81.1 91.4 50.6 63.6 35.9 44.5 51.4 53.5 61.6 66.4 76.4 21.1 5.5
Non-Current Assets
Property, Plant & Equipment 958.1 952.5 1,038.2 1,030.4 1,032.6 1,043.0 1,045.4 1,052.9 1,060.4 1,066.1 1,067.2 1,067.3 1,068.1 1,073.4 1,051.8 1,049.5 1,039.5 1,035.5 1,024.8 1,026.6 1,022.5 1,032.5 1,015.1 1,010.9 1,010.0 1,010.9 969.3 963.0 951.9 948.7 924.0 900.5 895.4 896.7 878.6 851.1 824.0 798.8 729.8 724.5 716.9 212.6 203.9 199.1 159.8 142.3 66.2 27 24.4 25.2 24.9 26.3 28.2 31.0 28.0 22.9 20.0 20.7 20.0 20.4 20.7 25.1 22.9 17 8.6
Goodwill 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 196.2 197.0 197.0 197.0 197.0 197.0 197.0 197.0 197.0 197.0 197.0 197.0 197.0 197.0 197.0 197.0 197.0 40.4 40.4 23.7 21.3 21.3 21.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 204.7 213.8 233.1 239.6 247.3 255.3 260.9 265.5 279.7 294.7 302.5 310.3 326.0 338.6 354.0 369.4 374.3 388.7 388.5 394.3 811.8 417.3 427.2 433.4 443.7 456.6 462.8 476.6 486.0 491.8 494.7 502.3 509.9 517.5 531.0 538.6 546.2 553.8 561.4 569.0 1,177.2 78.0 77.4 41.0 4.4 6.3 8.4 133.1 0 0 0 0 0 0 8.3 8.9 9.3 9.9 10.3 10.9 11.2 11.5 11.6 11.9 11.4
Long-Term Investments 0 498.2 512.9 508.6 506.7 521.2 562.0 557.1 620.6 611.1 548.0 385.8 340.6 333.8 372.3 412.5 462.8 507.8 466.6 350.2 321.1 285.5 265.1 323.1 290.8 412.0 431.8 375.0 320 235.9 204.9 280.0 313.6 385.8 416.3 482.0 533.6 572.7 370.2 206.4 322.5 118.1 129.9 170.3 139.3 4.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 1,126.4 277.0 270.8 249.2 235.7 251.4 199.3 190.8 184.8 171.5 165.1 144.2 150.1 176.2 151.8 151.8 149.2 152.1 144.7 141.7 141.2 142.2 119.0 135.9 125.9 122.0 112.6 99.5 96.3 36.6 37.6 39.4 32.7 29.9 23.0 21.4 26.6 32.8 29.2 18.3 17.3 14.6 14.1 15.3 12.7 12.5 53.9 5.7 6.0 5.9 6.4 2.0 1.3 5.1 3.5 2.9 0.3 1.8 1.5 1.3 1.0 0.6 1.6 1.4 1.3
Total Non-Current Assets 3,985.9 3,640.5 3,760.3 3,651.0 3,679.1 3,756.5 3,794.6 3,807.5 3,887.7 3,885.5 3,802.9 3,613.1 3,591.6 3,623.6 3,581.3 3,628.2 3,668.7 3,730.4 3,665.9 3,540.7 3,922.2 3,505.8 3,419.1 2,654.5 2,606.6 2,747.9 2,698.8 2,586.6 2,518.5 2,370.9 2,287.4 2,344.6 2,355.6 2,426.0 2,530.7 2,561.1 2,585.8 2,601.9 2,175.7 1,981.4 2,674.2 463.6 465.8 449.4 337.5 186.7 149.8 165.8 30.5 31.1 31.3 28.3 29.5 36.1 39.8 34.7 29.6 32.4 31.9 32.6 32.9 37.1 36.1 30.3 21.3
Total Assets 8,591.0 7,594.0 7,614.9 7,456.3 7,147.0 6,988.9 6,851.2 7,067.1 6,872.7 6,841.6 6,758.2 6,563.2 6,433.7 6,375.1 6,264.0 6,145.8 6,062.7 6,004.8 5,977.5 5,898.5 5,805.1 5,848.0 6,158.1 5,302.1 4,722.8 4,690.0 4,558.1 4,393.4 4,435.4 4,427.1 4,695.3 4,624.7 4,596.7 4,633.1 4,580.7 4,020.0 3,938.6 4,023.7 3,842.2 3,087.3 3,667.0 985.5 966.2 917.2 844.4 900.3 791.1 347.4 239.3 256.3 306.4 183.1 110.6 127.5 90.4 98.3 65.4 76.9 83.3 86.1 94.5 103.5 112.5 51.4 26.8
Current Liabilities
Account Payables 395.5 312.8 389.7 310.8 293.8 235.4 312.3 257.4 292.2 315.5 301.4 277.9 264.8 231.2 207.2 199.3 187.8 199.7 203.3 176.1 165.0 191.4 218.0 205.9 235.2 241.0 226.8 223.9 224.4 207.6 177.4 166.4 172.2 166.6 157.0 158.2 135.6 191.4 148.8 153.7 152.9 9.7 3.3 7.6 31.0 5.2 1.3 0.8 2.3 10.1 12.1 9.5 3.9 0.8 3.9 3.0 1.6 4.7 1.8 1.0 1.4 3.1 5 6 0.8
Short-Term Debt 0 8.7 0 0 0 0 0 494.8 494.4 493.9 493.4 0 0 0 0 0 0 0 0 0 0 0 374.3 370.1 366.0 361.9 0 0 0 0 374.2 369.8 365.3 360.9 0 0 22.5 22.5 22.5 24.4 0 0 0 0 0 70.3 6.5 58.2 0 0 0 0 0 0 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0
Deferred Revenue 0 0 0 0 0 1.4 2.3 1.9 5.2 4.6 0 0 0 0.7 0.4 0.3 0.3 7.0 0 0 0 0.2 3.2 5.3 7.9 13.0 0 0 0 1.5 0 0 0 0 17.4 0 0 0 0 0 0 0 0.2 0.1 0.9 0.1 6.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 184.3 210.7 221.5 174.7 145.7 215.6 214.4 155.4 162.2 234.9 185.8 143.0 150.3 236.1 202.5 168.1 204.7 258.9 211.6 172.9 157.4 182.8 145.2 122.6 102.8 202.9 150.8 117.5 182.3 240.1 207.2 178.6 158.8 208.9 167.5 135.7 105.8 160.6 134.0 116.6 162.2 0 0 20.1 0 0 1.7 9.8 2.3 2.7 3.1 3.2 2.9 2.3 0 0 0 2.1 1.8 1.8 3.3 2.0 0.6 1.9 0.8
Total Current Liabilities 793.2 759.0 798.4 684.2 628.2 607.0 715.7 1,067.3 1,087.9 1,177.0 1,163.2 597.2 598.2 588.9 521.0 464.7 490.4 546.5 514.9 443.3 430.0 492.5 854.7 813.3 820.5 932.5 493.7 439.4 501.0 523.2 838.7 805.0 773.5 816.5 417.5 374.3 340.2 439.3 377.3 364.6 388.0 83.9 78.7 78.2 60.0 126.3 49.1 81.3 15.2 12.8 15.3 12.7 6.8 8.3 6.1 5.1 3.6 6.9 3.6 2.8 4.7 5.1 5.6 7.9 1.6
Non-Current Liabilities
Long-Term Debt 1,430.3 597.2 596.7 596.2 595.6 595.1 594.6 594.1 593.6 593.1 592.6 1,085.0 1,084.0 1,083.0 1,082.0 1,081.0 1,080.1 1,079.1 1,078.1 1,077.1 1,076.1 1,075.1 1,074.2 1,073.2 486.7 486.2 843.6 839.2 834.8 830.4 826.1 821.9 817.7 813.5 1,166.0 676.2 668.4 660.8 653.2 645.7 668.0 521.2 524.8 497.1 497.1 497.1 564.3 218.5 125 125 125 0 0 2.9 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 26.1 0.1
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 0 143.5 16.4 16.4 0 0 0 (0.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 155.5 113.8 163.1 148.8 129.7 128.8 127.5 119.4 117.4 119.9 105.5 98.1 92.4 100.0 92.5 95.3 100.9 113.5 118.3 136.5 136.9 174.3 175.3 178.9 175.7 148.9 146.4 153.8 163.0 105.5 115.5 112.8 198.6 194.4 183.6 173.9 160.9 157.3 165.9 159.5 177.2 0 0 16.3 3.9 2.9 3.1 94.2 0.4 0.7 3.7 4.5 5.2 0 0 0 0 0 0 0 0 0 0 0 0
Total Non-Current Liabilities 1,585.8 748.0 759.7 745.0 725.3 724.0 722.1 713.5 711.0 713.0 698.0 1,183.1 1,176.4 1,183.0 1,174.5 1,176.3 1,181.0 1,192.6 1,196.4 1,213.6 1,213.0 1,249.5 1,249.5 1,252.1 662.4 635.2 990.0 993.0 997.8 935.9 941.6 934.6 1,016.2 1,007.9 1,349.6 850.1 829.3 818.1 819.1 805.1 988.7 538.6 542.3 516.8 501.0 500.0 567.4 223.0 125.4 125.7 128.7 4.5 5.2 2.9 0.1 0.2 0.0 0.1 0.1 0.1 0.1 0.1 0.1 26.1 0.1
Total Liabilities 2,378.9 1,507.0 1,558.2 1,429.2 1,353.5 1,331.0 1,437.8 1,780.8 1,798.9 1,890.1 1,861.3 1,780.3 1,774.7 1,771.9 1,695.5 1,641.0 1,671.4 1,739.1 1,711.3 1,656.9 1,643.0 1,742.0 2,104.2 2,065.4 1,482.9 1,567.7 1,483.7 1,432.4 1,498.8 1,459.2 1,780.3 1,739.6 1,789.7 1,824.5 1,767.1 1,224.4 1,169.5 1,257.4 1,196.4 1,169.7 1,376.8 622.6 621.0 595.0 561.0 626.3 616.5 304.2 140.5 138.5 143.9 17.2 12.1 11.3 6.2 5.3 3.7 6.9 3.7 2.9 4.8 5.2 5.7 34 1.7
Stockholders' Equity
Common Stock 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 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 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0
Retained Earnings 259.7 154.2 200.8 231.5 (9.0) (194.7) (319.6) (425.7) (532.9) (621.6) (641.9) (682.3) (738.3) (789.2) (788.9) (777.2) (804.9) (930.8) (867.8) (831.3) (844.2) (861.6) (883.7) (1,668.5) (1,639.3) (1,720.7) (1,735.7) (1,790.8) (1,753.3) (1,694.1) (1,690.5) (1,677.9) (1,661.1) (1,637.5) (1,586.2) (1,573.6) (1,536.8) (1,520.5) (1,573.1) (1,530.3) (1,106.7) (576.4) (575.9) (577.1) (588.4) (589.7) (610.0) (376.9) (321.3) (301.4) (254.4) (245.3) (225.6) (206.2) (113.2) (102.2) (90.2) (80.5) (70.1) (62.0) (54.9) (43.1) (34.1) (26.5) (19.6)
Accumulated Other Comprehensive Income (4.2) (24.0) (33.9) (44.6) 19.2 61.7 4.7 26.8 (1.0) (28.8) 6.3 (18.6) (10.7) (3.9) 30.7 18.5 (0.9) 14.4 10.2 (0.9) 5.0 (16.1) 10.4 30.1 34.1 20.2 37.0 17.4 19.8 5.3 (2.2) (1.1) (28.5) (23.0) (21.4) (14.7) 5.0 12.8 2.2 4.5 0.0 10.2 4.4 0.9 0.1 2.1 0.1 (0.5) 5.1 5.1 5.1 5.0 5.0 4.0 2.2 2.0 (3.3) (3.5) (3.4) (4.5) (4.8) (5.1) (5.4) (5.8) (6)
Total Stockholders' Equity 6,212.1 6,087.0 6,056.7 6,027.1 5,793.5 5,658.0 5,413.4 5,286.3 5,073.8 4,951.5 4,896.9 4,782.8 4,659.0 4,603.2 4,568.5 4,504.8 4,391.3 4,265.7 4,266.1 4,241.6 4,162.0 4,106.0 4,053.9 3,236.7 3,240.0 3,122.4 3,074.4 2,961.0 2,936.6 2,967.9 2,914.9 2,885.1 2,807.0 2,808.7 2,813.6 2,795.6 2,769.1 2,766.3 2,645.8 1,917.6 2,290.2 363.0 345.2 322.2 283.4 273.9 174.5 43.2 98.8 117.9 162.4 165.9 98.5 116.2 84.2 93 61.8 70.0 79.7 83.2 89.7 98.4 106.8 17.4 25.1
Total Liabilities & Equity 8,591.0 7,594.0 7,614.9 7,456.3 7,147.0 6,988.9 6,851.2 7,067.1 6,872.7 6,841.6 6,758.2 6,563.2 6,433.7 6,375.1 6,264.0 6,145.8 6,062.7 6,004.8 5,977.5 5,898.5 5,805.1 5,848.0 6,158.1 5,302.1 4,722.8 4,690.0 4,558.1 4,393.4 4,435.4 4,427.1 4,695.3 4,624.7 4,596.7 4,633.1 4,580.7 4,020.0 3,938.6 4,023.7 3,842.2 3,087.3 3,667.0 985.5 966.2 917.2 844.4 900.3 791.1 347.4 239.3 256.3 306.4 183.1 110.6 127.5 90.4 98.3 65.4 76.9 83.3 86.1 94.5 103.5 112.5 51.4 26.8
Debt Metrics
Total Debt 1,439.6 642.9 604.2 603.9 602.0 602.7 602.7 1,099.6 1,096.5 1,095.8 1,095.3 1,093.3 1,093.3 1,093.4 1,091.3 1,091.7 1,090.9 1,089.5 1,087.8 1,088.1 1,087.4 1,086.9 1,459.4 1,454.7 863.1 858.8 853.8 849.3 844.0 830.4 1,200.3 1,191.6 1,183.0 1,174.5 1,166.0 676.2 690.9 683.2 675.6 670.1 668.0 521.2 524.9 497.1 497.1 567.4 570.9 187.0 125 125 125 0 0 2.9 0.2 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1 26.1 0.1
Net Debt (782.8) (668.8) (645.9) (610.0) (446.8) (340.1) (72.8) 127.5 349.5 340.6 309.9 398.9 513.2 368.9 329.7 471.9 485.4 502.3 470.6 446.6 420.0 437.7 443.7 635.8 386.4 421.4 430.6 541.8 479.6 336.4 318.2 764.2 709.0 576.4 734.6 321.3 342.7 274.9 (31.7) 364.1 397.6 405.5 415.9 329.9 297.0 352.8 279.0 138.8 28.8 3.6 (96.8) (125.8) (33.6) (29.5) (7.0) (18.7) (19.6) (16.4) (16.0) (10.5) (40.6) (23.3) (32.5) 8.9 (3.5)
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 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1
Operating Activities
Net Income 105.5 139.1 (30.7) 426.2 185.7 124.9 106.1 107.2 88.7 20.4 40.4 56.0 50.9 (0.2) (6.7) 27.7 120.8 (57.9) (36.5) 12.9 17.4 22.1 784.8 (29.2) 81.4 15.0 55.0 (37.4) (56.5) (3.6) (12.6) (16.8) (44.1) (51.4) (12.5) (36.8) (16.3) (78.7) (42.8) (423.6) (85.1) (15.5) (21.3) (22.5) (55.6) (19.9) (25.7) (21.3) (9.1) (20.3) (19.3) (16.9) (14.6) (26.6) (24.7) (11.0) (12.0) (10.4) (8.1) (7.1) (11.7) (9.1) (7.6) 8.3 (19.7)
Depreciation & Amortization 16.4 20.4 18.5 18.6 22.1 23.6 19.0 26.5 27.4 26.9 25.7 25.4 26.4 24.6 24.8 25.3 27.3 26.0 26.8 27.2 28.0 27.6 29.5 25.2 26.0 25.8 30.7 26.3 22.4 24.7 26.3 21.0 23.6 28.7 20.7 19.1 19.4 20.1 28.3 28.3 20.2 2.4 2.4 2.5 4.2 2.3 2.4 2.9 2.0 2.1 1.9 2.4 2.2 2.1 0.8 2.2 2.1 2.0 1.9 1.7 1.7 2.4 2 1.2 1
Stock-Based Compensation 43.5 46.9 49.3 47.5 37.7 51.9 43.5 47.9 58.2 54.9 48.4 50.2 53.7 46.7 54.7 47.1 47.8 43.9 49.0 0 49.5 0 0 45.0 0 0 39.2 39.8 42.8 36.6 37.0 38.6 36.6 33.6 35.9 40.1 30.7 37.4 33.1 33.9 30.2 0 0 0 0 0 0 (3.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 39.1 20.9 118.9 (158.1) (90.5) (83.2) 39.1 (66.9) (105.4) (97.1) 39.9 (62.7) (216.6) (13.1) 91.5 (38.1) (136.7) (0.1) 68.0 (10.1) 8.3 (78.5) (17.9) 6.4 (134.3) 9.5 (9.6) (22.8) (78.2) 63.9 (12.6) (34.9) (65.9) 28.6 (7.7) (5.3) (109.6) 40.4 (13.9) (64.8) (122.0) (7.2) 17.3 2.0 (5.6) 3.7 (9.8) (2.4) (0.3) 6.2 (3.2) 0.2 1.3 (0.2) 1.5 (2.2) 3.1 3.5 1.0 (0.2) (3.6) 0.9 (3) 2.7 1
Other Non-Cash Items 7.0 (128.4) 226.4 (182.3) (9.0) 25.9 1.7 2.9 (22.2) 47.4 (3.7) (0.1) 18.1 0.2 (1.8) (4.4) (109.5) 2.9 2.9 54.9 7.0 50.2 138.1 (3.2) 1.2 30.0 4.5 (20.9) 15.3 (36.5) 12.1 (26.1) 21.3 (105.4) 15.3 14.1 5.8 2.5 6.8 545.4 4.5 (1.8) (1.9) (0.4) 35.4 (0.1) 0.1 (1.9) 0.0 0.2 (13.6) 8.2 6.2 16.4 16.7 4.9 4.6 2.1 3.6 3.1 7.7 2.7 1.9 (11.2) 13.6
Operating Cash Flow 220.7 99.6 368.7 185.3 174.4 185.6 221.5 118.8 47.0 27.5 135.6 70.1 (73.9) 6.8 158.3 56.2 (45.4) 11.2 97.1 82.8 113.5 (13.4) 86.2 27.7 (15.2) 57.3 70.1 (24.3) (54.9) 49.4 47.2 (33.9) (42.5) 14.6 38.3 18.8 (80.4) 0.4 (10.6) (46.0) (171.6) (22.1) (3.5) (18.4) (21.6) (14.0) (33.0) (22.6) (7.4) (11.8) (34.2) (6.2) (4.9) (8.3) (5.7) (6.1) (2.2) (2.9) (1.7) (2.5) (5.8) (3.1) (6.7) 1 (4.1)
Investing Activities
Capital Expenditure (20.9) (40.7) (28.4) (17.1) (16.8) (20.3) (21.2) (21.8) (34.1) (36.7) (23.4) (22.7) (24.8) (36.4) (36.5) (28.0) (30.7) (44.4) (20.4) (22.6) (28.3) (31.0) (16.6) (33.5) (40.6) (50.8) (35.4) (38.4) (28.8) (42.1) (49.9) (22.5) (30.2) (39.9) (42.5) (47.8) (69.1) (51.6) (26.1) (25.5) (45.2) (0.5) (0.5) (0.6) (4.4) (1.2) (3.3) (1.9) (0.6) (0.2) (0.5) 0.5 (2.6) (2.2) (6.9) (6.3) (4.2) (1.8) (0.7) (0.7) (0.6) (3.8) (7.3) (9) (2.8)
Acquisitions 0 0 (285.2) 0 0 0 0 0 0 0 24.1 0 0 0 0 0 0 0 0 0 0 0 0 (7.3) 0 0 12.4 (5.8) 0 0 0 20 0 125 0 0 0 (1.3) 0 (1.5) 0 0 0 0 0 0 (54.4) 0 0 0 (0.8) 0 0 (1.0) 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (25.8) (42.6) (110.8) (113.2) (89.3) (57.9) (156.9) (73.8) (121.7) (141.5) (283.0) (223.7) (220.4) (154.4) (152.6) (157.4) (147.4) (200.0) (252.6) (247.4) (237.2) (151.0) (48.3) (290.3) (40.1) (103.5) (142.2) (146.5) (239.8) (195.6) (93.7) (199.5) (145.9) (45.7) (478.8) (76.6) (54.4) (329.4) (311.5) 0.1 (59.1) 0 0 0 (2.0) (35.4) (37.1) (33.6) 0 0 0 (7.3) 0 0 (81.9) 4.2 0 0 0 0 0 0.0 0 0 (0.6)
Sales/Maturities of Investments 767.3 43.3 98.8 117.9 77.8 154.6 160.8 186.1 131.5 113.2 260.6 275.9 215.1 142.8 165.6 155.8 155.8 188.9 153.2 154.3 194.6 210.6 175.1 75.4 94.7 104.5 212.2 203.6 219.9 136.7 545.1 207.5 104.5 100.3 91.1 84.7 149.9 64.8 19.0 102.5 181.3 0 9.1 17.3 15.9 25.4 6.0 24.0 32.5 17.6 14.1 26.9 15.7 22.0 0 0 0 7.7 7.4 (23.8) 24.6 0 0 0 1.7
Other Investing Activities 5.0 (2.4) 0 (0.3) 0 (0.8) (1.6) (0.5) 2 0 (24.1) (1.1) (0.3) (7.3) (7.2) (0.9) 108.1 (15.6) (1.7) (0.9) (2.7) (8.7) (0.0) 6.9 66.8 10.9 1.6 6.7 (1.8) 30 0.8 (0.7) (0.1) (0.2) (387.7) (0.2) (1.4) 7.8 (8.4) (0.1) 122.2 3.5 14.8 14.4 (39.9) 0 54.4 0 (54.4) 0.0 20.8 (2.3) (7.7) (4.5) (7.0) (5.5) (37.4) (3.0) (3.8) (3.2) (3.7) (2.2) (41.5) (3.2) 0
Investing Cash Flow 725.5 (42.4) (331.0) (12.6) (28.2) 76.4 (16.2) 90.5 (14.2) (65.0) (45.8) 29.5 (30.0) (54.7) (23.4) (29.7) 87.8 (55.4) (119.8) (120.3) (70.8) 11.0 106.7 (248.8) 77.4 (48.9) 48.7 19.7 (50.5) (71.0) 402.3 4.7 (71.7) 139.5 (430.2) (39.8) 25.0 (309.6) (326.9) 75.5 77.0 3.0 23.5 31.1 (30.4) (11.3) (34.4) (11.4) (22.5) 17.4 33.6 17.8 5.3 14.2 (95.8) (7.6) (41.6) 3.0 2.9 (27.7) 20.3 (6.0) (48.8) (12.2) (1.7)
Financing Activities
Net Debt Issuance 841.3 0 0 0 0 0 (494.9) (0.0) (0.0) (0.0) (0.6) (0.6) (1.0) (1.0) (0.5) (0.6) (0.6) (0.5) (0.6) (0.9) (1.1) (375.8) (4.1) 584.7 (0.9) (5.1) (0.7) (0.7) (0.7) (375.0) 0 0 0 0 0 0 0 0 0 0 0 (34.8) 14.3 (11.4) 3.5 (0.7) (0.7) (0.7) 120.1 (0.4) 0.7 (0.5) 0.5 (0.5) 5.3 (0.0) (0.0) (0.0) 0.8 (0.0) (0.0) 0 0 24.9 (0.0)
Stock Repurchased 0 (38.8) 0 0 (38.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (4.1) (6.8) (30.1) (1.7) (5.6) (5.7) (22.9) (1.6) (5.2) (8.7) (17.9) (4.2) 0 (12.0) (40.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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 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 (28.2) 34.2 (2.2) (12.3) 0 2.9 (4.2) 12.6 (42.8) (3.9) (4.5) 12.6 (39.7) 11.8 8.1 (11.2) (24.7) 14.9 (0.5) (10.0) (23.3) (2.0) (6.0) (7.8) (28.8) (0.7) (1.3) (51.1) (24.3) 8.6 5.2 (17.0) (9.8) 13.1 481.9 18.9 (6.7) 19.4 (2.2) 7.5 (37.3) 2.6 0.6 (3.2) (3.2) 0.0 0 0.5 0 0 0.6 1.1 0.0 (0.0) 13.2 0 0 (0.1) 0.1 0 0 25.6 70.7 (0.0) (0.0)
Financing Cash Flow 813.2 3.2 (2.2) (4.6) (38.8) 2.9 (499.1) 12.6 (42.8) 10.8 (0.8) 12.0 (40.7) 10.9 7.5 (11.8) (25.3) 14.4 (1.0) 11.0 (24.4) (366.2) 3.3 563.7 (19.7) 4.0 (2.0) (51.8) (25.0) (366.4) 5.2 (17.0) (9.8) 13.1 481.9 18.9 (6.7) 19.4 737.3 7.7 (37.2) 58.2 (14.1) (14.5) 4.0 0.1 0.8 0.3 125.8 86.6 1.8 1.4 0.8 (0.1) 106.8 1.9 43.0 0.3 4.2 0.2 2.8 0.1 70.7 24.9 0
Cash Position
Net Change in Cash 1,760.8 61.6 36.3 165.0 106.0 267.4 (296.7) 225.2 (8.1) (30.3) 91.0 114.3 (144.5) (37.0) 141.7 14.4 18.2 (29.9) (24.4) (25.8) 18.2 (366.5) 196.8 342.3 39.2 14.2 115.6 (56.8) (129.6) (388.2) 454.8 (46.6) (124.0) 166.6 76.5 6.6 (60.1) (299.0) 401.4 35.5 (126.6) 39.1 5.9 (1.8) (48.0) (25.2) (66.6) (33.8) 95.9 92.2 1.2 13.0 1.2 5.7 5.3 (11.7) (0.8) 0.4 5.5 (30.1) 17.3 (9.2) 15.4 13.6 (5.8)
Cash at Beginning 1,311.7 1,250.1 1,213.8 1,048.8 942.8 675.4 972.1 747.0 755.1 785.4 694.4 580.1 724.5 761.5 619.8 605.4 587.3 617.1 641.5 667.3 649.2 1,015.7 818.9 476.6 437.4 423.2 307.6 364.4 494.0 882.2 427.4 474.0 598.0 431.4 354.9 348.2 408.3 707.3 306.0 270.5 397.0 17.1 11.2 13.1 96.2 121.4 188.0 221.8 125.8 33.6 32.4 19.4 18.2 12.5 7.2 19.0 19.7 16.1 10.6 40.7 23.4 32.6 17.2 3.6 9.4
Cash at End 3,072.4 1,311.7 1,250.1 1,213.8 1,048.8 942.8 675.4 972.1 747.0 755.1 785.4 694.4 580.1 724.5 761.5 619.8 605.4 587.3 617.1 641.5 667.3 649.2 1,015.7 818.9 476.6 437.4 423.2 307.6 364.4 494.0 882.2 427.4 474.0 598.0 431.4 354.9 348.2 408.3 707.3 306.0 270.5 56.2 17.1 11.2 48.2 96.2 121.4 188.0 221.8 125.8 33.6 32.4 19.4 18.2 12.5 7.2 19.0 16.5 16.1 10.6 40.7 23.4 32.6 17.2 3.6
Free Cash Flow 199.7 58.9 340.2 168.2 157.6 165.3 200.3 96.9 12.9 (9.2) 112.2 47.3 (98.7) (29.6) 121.8 28.2 (76.1) (33.2) 76.7 60.2 85.3 (44.4) 69.6 (5.7) (55.7) 6.6 34.7 (62.7) (83.6) 7.3 (2.7) (56.4) (72.7) (25.3) (4.2) (29.0) (149.5) (51.2) (36.7) (71.5) (216.8) (22.6) (4.0) (19.0) (26.0) (15.3) (36.3) (24.5) (8.0) (12.0) (34.7) (5.7) (7.6) (10.6) (12.6) (12.4) (6.3) (4.7) (2.4) (3.2) (6.5) (7.0) (14) (8) (6.9)
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 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 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 766.2 874.6 776.1 825.4 745.1 747.3 745.7 712.0 648.8 646.2 581.3 595.3 596.4 537.5 505.3 533.8 519.4 449.8 408.7 501.7 486.0 452.1 476.8 429.5 502.0 454.4 461.1 387.8 400.7 353.2 391.7 372.8 373.4 358.3 334.1 317.4 303.7 300.1 279.9 300.1 236.7 227.9 208.9 250.1 202.9 230.9 176.5 191.8 151.6 146.9 136.9 136.8 127.9 131.9 128.1 124.0 116.6 107.8 113.4 110.6 109.5 101.6 97.8 92.0 85.0 87.1 80.8 82.8 74.0 99.3 72.6 64.2 60.4 44.9 25.0 28.9 22.8 22.0 24.9 23.4 13.8 9.5 7.6 3.6 5.0 13.9 0.2 4.6 0 0 12.1 3.1 3.4 0.9 3.0 2.7 3.1 2.8 3.1 3.3
Gross Profit 571.2 579.5 636.0 675.3 593.6 611.2 557.3 581.6 523.7 510.7 453.3 464.7 460.9 410.2 389.1 410.7 402.4 330.1 305.2 374.6 365.9 326.0 288.0 331.5 390.7 358.5 364.1 310.3 311.6 278.2 312.8 293.8 291.1 282.3 274.7 261.1 253.7 235.9 229.2 248.5 193.6 185.3 174 212.1 171.9 185.0 146.6 160.6 128.7 122.3 108.8 114.2 107.4 105.4 103.5 100.4 99.5 86.3 91.0 91.4 88.7 81.1 79.7 77.5 67.5 70.4 65.8 62.9 59.6 87.6 58.6 54.6 43.2 39.6 20.5 24.3 18.7 18.4 22.3 22.7 12.1 8.1 7.4 3.1 4.3 10.6 0.1 4.0 0 0 0 0 0 0 3.4 5.0 5.0 4.5 4.6 4.9
Operating Income 129.6 79.4 (46.7) 276.9 223.9 161.4 113.9 120.5 88.5 14.2 30.5 65.6 62.4 (24.5) (2.4) 39.2 137.3 (65.9) (53.2) 11.7 25.1 (44.8) (55.9) (40.9) 105.0 (9.2) 4.0 (41.4) (54.0) (38.1) (15.7) (25.3) (44.4) 58.0 (13.7) (38.8) (20.2) (89.6) (60.1) (572.8) (80.9) 101.3 (81.9) (64.3) (65.9) (58.8) 11.2 (18.9) (26.5) (52.3) (50.7) (20.1) (32.9) (46.9) (10.5) (31.0) (21.9) (21.4) (15.5) 0.8 2.3 (3.4) (1.9) 3.0 2.8 6.4 10.1 4.3 (4.4) 32.1 2.4 4.5 0.8 (9.4) (17.3) (13.6) (16.8) (11.6) (4.1) (1.3) (7.7) (12.8) (13.2) (18.8) (19.4) (79.6) (26.6) (53.8) (19.3) (25.1) (9.5) (26.3) (13.0) (22.6) (10.0) (8.4) (10.0) (8.2) (7.2) (7.5)
Net Income 105.5 (46.6) (30.7) 240.5 185.7 124.9 106.1 107.2 88.7 20.4 40.4 56.0 50.9 (0.2) (6.7) 27.7 120.8 (57.9) (36.5) 12.9 17.4 22.1 784.8 (29.2) 81.4 15.0 55.0 (37.4) (56.5) (3.6) (12.6) (16.8) (44.1) (51.4) (12.5) (36.8) (16.3) (78.7) (37.4) (419.0) (83.1) 68.6 (90.9) (82.0) (67.5) (69.8) 7.4 (33.5) (38.1) (62.0) (53.0) (21.5) (39.8) (53.0) (5.4) (32.0) (24.0) (26.7) (17.7) (5.1) (4.4) (12.2) 217.3 (0.5) 1.2 4.7 6.6 1.3 (13.2) 24.5 0.8 3.8 1.7 2.6 (5.2) (3.9) (9.3) (10.4) (7.0) (1.3) (9.8) (15.0) (15.5) (21.3) (22.5) (82.4) (29.5) (55.6) (19.9) (25.7) (9.1) (19.3) (14.4) (34.9) (12.0) (9.7) (10.4) (8.1) (7.1) (11.7)
EPS (Diluted) 0.54 -0.22 -0.16 1.23 0.95 0.64 0.55 0.55 0.46 0.11 0.21 0.29 0.26 -0.00 -0.04 0.15 0.62 -0.32 -0.20 0.07 0.09 0.12 4.01 -0.16 0.44 0.08 0.30 -0.21 -0.32 -0.02 -0.07 -0.09 -0.25 -0.29 -0.07 -0.21 -0.09 -0.53 -0.26 -2.61 -0.53 0.39 -0.56 -0.51 -0.43 -0.47 0.05 -0.23 -0.26 -0.43 -0.38 -0.15 -0.31 -0.43 -0.04 -0.27 -0.21 -0.23 -0.16 -0.05 -0.04 -0.11 1.68 -0.00 0.01 0.04 0.06 0.01 -0.13 0.25 0.01 0.04 0.02 0.03 -0.05 -0.04 -0.10 -0.11 -0.08 -0.02 -0.13 -0.20 -0.21 -0.33 -0.35 -1.28 -0.46 -0.86 -0.31 -0.40 -0.14 -0.34 -0.27 -0.66 -0.30 -0.26 -0.28 -0.23 -0.20 -0.34
Balance Sheet
Cash & Equivalents 2,222.4 1,311.7 1,250.1 1,213.8 1,048.8 942.8 675.4 972.1 747.0 755.1 785.4 694.4 580.1 724.5 761.5 619.8 605.4 587.3 617.1 641.5 667.3 649.2 1,015.7 818.9 476.6 437.4 423.2 307.6 364.4 494.0 882.2 427.4 474.0 598.0 431.4 354.9 348.2 408.3 707.3 306.0 270.5 115.8 109.0 167.2 200.1 214.6 291.8 48.2 96.2 121.4 221.8 125.8 33.6 32.4 7.2 19.0 19.7 16.5 16.1 10.6 40.7 23.4 32.6 17.2 3.6
Total Assets 8,591.0 7,594.0 7,614.9 7,456.3 7,147.0 6,988.9 6,851.2 7,067.1 6,872.7 6,841.6 6,758.2 6,563.2 6,433.7 6,375.1 6,264.0 6,145.8 6,062.7 6,004.8 5,977.5 5,898.5 5,805.1 5,848.0 6,158.1 5,302.1 4,722.8 4,690.0 4,558.1 4,393.4 4,435.4 4,427.1 4,695.3 4,624.7 4,596.7 4,633.1 4,580.7 4,020.0 3,938.6 4,023.7 3,842.2 3,087.3 3,667.0 985.5 966.2 917.2 844.4 900.3 791.1 347.4 239.3 256.3 306.4 183.1 110.6 127.5 90.4 98.3 65.4 76.9 83.3 86.1 94.5 103.5 112.5 51.4 26.8
Total Debt 1,439.6 642.9 604.2 603.9 602.0 602.7 602.7 1,099.6 1,096.5 1,095.8 1,095.3 1,093.3 1,093.3 1,093.4 1,091.3 1,091.7 1,090.9 1,089.5 1,087.8 1,088.1 1,087.4 1,086.9 1,459.4 1,454.7 863.1 858.8 853.8 849.3 844.0 830.4 1,200.3 1,191.6 1,183.0 1,174.5 1,166.0 676.2 690.9 683.2 675.6 670.1 668.0 521.2 524.9 497.1 497.1 567.4 570.9 187.0 125 125 125 0 0 2.9 0.2 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1 26.1 0.1
Stockholders' Equity 6,212.1 6,087.0 6,056.7 6,027.1 5,793.5 5,658.0 5,413.4 5,286.3 5,073.8 4,951.5 4,896.9 4,782.8 4,659.0 4,603.2 4,568.5 4,504.8 4,391.3 4,265.7 4,266.1 4,241.6 4,162.0 4,106.0 4,053.9 3,236.7 3,240.0 3,122.4 3,074.4 2,961.0 2,936.6 2,967.9 2,914.9 2,885.1 2,807.0 2,808.7 2,813.6 2,795.6 2,769.1 2,766.3 2,645.8 1,917.6 2,290.2 363.0 345.2 322.2 283.4 273.9 174.5 43.2 98.8 117.9 162.4 165.9 98.5 116.2 84.2 93 61.8 70.0 79.7 83.2 89.7 98.4 106.8 17.4 25.1
Cash Flow
Operating Cash Flow 220.7 99.6 368.7 185.3 174.4 185.6 221.5 118.8 47.0 27.5 135.6 70.1 (73.9) 6.8 158.3 56.2 (45.4) 11.2 97.1 82.8 113.5 (13.4) 86.2 27.7 (15.2) 57.3 70.1 (24.3) (54.9) 49.4 47.2 (33.9) (42.5) 14.6 38.3 18.8 (80.4) 0.4 (10.6) (46.0) (171.6) (22.1) (3.5) (18.4) (21.6) (14.0) (33.0) (22.6) (7.4) (11.8) (34.2) (6.2) (4.9) (8.3) (5.7) (6.1) (2.2) (2.9) (1.7) (2.5) (5.8) (3.1) (6.7) 1 (4.1)
Capital Expenditure (20.9) (40.7) (28.4) (17.1) (16.8) (20.3) (21.2) (21.8) (34.1) (36.7) (23.4) (22.7) (24.8) (36.4) (36.5) (28.0) (30.7) (44.4) (20.4) (22.6) (28.3) (31.0) (16.6) (33.5) (40.6) (50.8) (35.4) (38.4) (28.8) (42.1) (49.9) (22.5) (30.2) (39.9) (42.5) (47.8) (69.1) (51.6) (26.1) (25.5) (45.2) (0.5) (0.5) (0.6) (4.4) (1.2) (3.3) (1.9) (0.6) (0.2) (0.5) 0.5 (2.6) (2.2) (6.9) (6.3) (4.2) (1.8) (0.7) (0.7) (0.6) (3.8) (7.3) (9) (2.8)
Free Cash Flow 199.7 58.9 340.2 168.2 157.6 165.3 200.3 96.9 12.9 (9.2) 112.2 47.3 (98.7) (29.6) 121.8 28.2 (76.1) (33.2) 76.7 60.2 85.3 (44.4) 69.6 (5.7) (55.7) 6.6 34.7 (62.7) (83.6) 7.3 (2.7) (56.4) (72.7) (25.3) (4.2) (29.0) (149.5) (51.2) (36.7) (71.5) (216.8) (22.6) (4.0) (19.0) (26.0) (15.3) (36.3) (24.5) (8.0) (12.0) (34.7) (5.7) (7.6) (10.6) (12.6) (12.4) (6.3) (4.7) (2.4) (3.2) (6.5) (7.0) (14) (8) (6.9)