Borr Drilling Limited logo BORR - Borr Drilling Limited

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 0
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $5.70 DETAILS
HIGH: $9.00
LOW: $2.40
MEDIAN: $5.70
CONSENSUS: $5.70
UPSIDE: 3.26%
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
Revenue
Revenue 247 259.4 277.1 267.7 216.6 263.1 241.6 271.9 234 220.6 191.5 187.5 172 148.6 107.9 105.3 82 69.1 73 54.8 48.4 60.2 59.2 84 104.1 92.9 102.7 86.6 51.9 53.5 49.7 51.1 10.6 35.4 0 0 0
Cost of Revenue 187.2 177.9 166.1 36.7 35.9 35.7 31.8 31.9 31.8 30.8 30.4 28 28.2 28.3 29.2 29.5 29.5 36.4 28.4 26.4 28.4 29.1 28.9 27.5 32.4 28.7 29.9 31.7 31.3 32.3 31.2 28 12.2 35.4 8 3.5 1
Gross Profit 59.8 81.5 111 231 180.7 227.4 209.8 240 202.2 189.8 161.1 159.5 143.8 120.3 78.7 75.8 52.5 32.7 44.6 28.4 20 31.1 30.3 56.5 71.7 64.2 72.8 54.9 20.6 21.2 18.5 (1.3) (1.6) 0 0 (3.5) 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
SG&A Expenses 13.8 14.2 12.8 12.3 11.1 12.2 12 11.6 13.4 10.8 11.6 10.3 12.4 11 7 9.6 9.2 7.5 7.7 7.8 11.7 8.5 10.7 19.9 10 15.4 10.9 14 10.1 15.2 9.7 8 10.2 5.6 7.5 6.3 1.6
Other Expenses 0 0 0 122.2 109.4 114.2 114.1 123.9 103.8 98.3 85.7 89.3 85.4 79.8 67.8 189.2 55.6 38.2 45.6 46.6 48.9 48 64.2 127.8 88.5 79 87.9 77.5 57.1 29.8 45.7 52.4 22.5 21.4 9.4 3.1 2.3
Operating Expenses 13.8 14.2 12.8 134.5 120.5 126.4 126.1 135.5 117.2 109.1 97.3 99.6 97.8 90.8 74.8 198.8 64.8 45.7 53.3 54.4 60.6 56.5 74.9 147.7 98.5 94.4 98.8 91.5 67.2 45 55.4 47.9 12.5 31.6 16.9 9.4 3.9
Operating Income
Operating Income 46 67.3 98.2 96.5 60.2 101 83.7 104.5 85 80.7 63.8 59.9 46 29.5 3.9 (123) (12.3) (13) (8.7) (26) (40.6) (25.4) (44.6) (91.2) (26.8) (30.2) (26) (36.6) (58) (51) (41.5) (24.8) (14.1) (67) (24.9) (12.9) (4.9)
Interest Expense 63.8 56.7 57.7 58.3 63.4 57.2 54.8 52.9 51.5 55.3 39.5 48.1 42.9 50.1 34.8 40.9 35.3 26 22.9 25.8 26.9 22.4 22.8 20.6 51.4 24.3 18.7 28.4 13.8 9.7 6.6 0.9 0 0.5 0 0 0
Interest Income 0 1.5 1.1 0.5 0.6 1 1.6 2.4 1.4 0.7 0.1 1.7 2.4 0.7 0.8 3.9 0 0 0 0 0 0 0 0 0.2 0.4 0.6 0.2 0.3 0.2 0.1 0.4 0.5 0.9 0.9 1.4 0
Profitability
EBITDA 46 105.7 134.4 131.3 87.2 126.5 107.8 127.9 110.8 94 84.4 80.6 72.9 42.7 13.6 (99) 10.2 18.3 23.4 (10.6) (1.9) (4.4) (6.8) (58.1) (26.8) (4.9) (24.6) (56) (19.3) (77.9) (10.3) 14.6 (21.6) (9.4) (1.6) (8.3) (3.9)
EBIT 46 67.9 96.8 94.6 51.3 90.8 76 96 79 63.2 54 52.6 44.7 14.4 (15.6) (128.5) (19.3) (18.1) (5) (37) (30.3) (33.5) (35.7) (85.6) (59.2) (32) (55.1) (80.6) (43.2) (100.5) (31.8) (6.5) (33.8) (44.8) (9.6) (11.8) (4.9)
Income Before Tax (17.9) 11.2 39.1 39.9 (4.3) 35.9 25.2 46.6 32.6 19.1 14.9 14.2 7.9 (18.5) (50.4) (159) (46.5) (42.4) (27.9) (60.9) (52.1) (55.9) (58.5) (106.2) (80.8) (55.6) (75.4) (100.7) (56.2) (110.2) (37) (7.4) (33.8) (61.7) (9.6) (11.8) (4.9)
Income Tax Expense 11.1 12.2 11.3 4.8 12.6 9.6 15.5 14.9 18.2 (9.3) 14.6 13.4 15.3 2.8 4.5 6.3 4.8 3.7 4.7 (1) 2.3 3.2 3.4 3.4 6.2 4.7 3.8 2.5 0.2 0.5 2 0 (0.1) 0 0 0 0.0
Net Income (29) (1) 30.8 35.1 (16.9) 26.3 9.7 31.7 14.4 28.4 0.3 0.8 (7.4) (21.3) (54.9) (165.3) (51.3) (46.1) (32.6) (59.9) (54.4) (59.1) (61.9) (109.6) (87) (60.3) (79.2) (103.2) (54.9) (110.5) (39.1) (7.2) (33.7) (61.7) (9.6) (11.8) (4.9)
Per Share Data
EPS (Basic) -0.09 -0.00 0.11 0.15 -0.07 0.11 0.04 0.13 0.06 0.11 0.00 0.00 -0.03 -0.09 -0.30 -1.09 -0.35 -0.34 -0.24 -0.44 -0.42 -0.44 -0.78 -1.66 -1.58 -1.23 -1.51 -1.96 -1.02 -2.07 -0.72 -0.14 -0.70 -1.26 -0.31 -0.37 -0.15
EPS (Diluted) -0.09 -0.00 0.10 0.13 -0.07 0.09 0.04 0.11 0.05 0.10 0.00 0.00 -0.03 -0.09 -0.30 -1.09 -0.35 -0.34 -0.24 -0.44 -0.42 -0.44 -0.78 -1.66 -1.57 -1.23 -1.50 -1.91 -1.02 -2.05 -0.72 -0.14 -0.68 -1.25 -0.30 -0.37 -0.15
Shares Outstanding 307.9 290.9 275.5 238.9 243.4 248.7 251.0 251.2 252.7 251.6 245.8 244.8 234.8 228.9 183 151.7 145.8 136.8 136.8 136.8 128.4 104.7 78.5 65.8 55.1 55.4 52.5 54.0 54.0 53.3 52.8 51.4 48.1 48.9 31.4 32.2 32.2
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
Current Assets
Cash & Cash Equivalents 246.9 380.7 228.8 92.4 170 61.6 185.7 193.5 282.7 102.5 94.5 83.8 90.3 108 29.7 31.1 50.1 34.9 68.9 32.4 49 19.2 12.5 34.6 13.2 128.5 39.5 44.8 29.4 27.9 40.6 54 51.5 164 141.2 193.8 482.5
Short-Term Investments 0 0 0 0 0 0 0 1.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 30.5 32.9 26.8 4.2 0 0 0 4.4 13.2 0 0
Net Receivables 355.8 327 381.2 323.2 287.5 404.2 354.2 304.3 295.6 255.9 203.1 190.4 181.1 190.9 153.6 148.3 114.6 113.1 91.1 97.2 89.3 99 94.4 99.2 107.8 110.5 125.9 135.7 82.4 93.1 71.9 46.3 41.5 5.1 4.5 0 2.5
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 0 107.1 98.7 60.4 83.4 44.8 53.4 86.8 0 (2.5) 0 (225.5)
Other Current Assets 37.5 23.1 11.4 35.5 41.1 42.4 35.5 33.8 40.2 40.5 28.4 58.5 217.5 41.4 429.2 21.4 42 21.6 16.4 2.7 2.9 9 12.5 23.4 146.3 9.1 134.3 136.7 89.5 116.6 94.9 104.1 132 49.4 20.1 16.2 0
Total Current Assets 640.2 739.1 634.2 468.3 516.9 516.6 582.6 546.2 634 409.9 340.3 341.9 498.9 349.9 632.4 212 219.2 176.2 182.1 139 148.9 133.6 138.1 174.5 276.3 256.2 303.5 312.8 209.5 208.6 184.4 213 234.5 225.5 183.3 213.6 487.0
Non-Current Assets
Property, Plant & Equipment 3,069.9 2,744.7 2,772.9 2,795.3 2,810 2,826.8 2,699.3 2,566.1 2,574.2 2,588.3 2,598.5 2,606.4 2,604.4 2,598.2 2,603.3 2,719.3 2,855 2,871.3 2,899.2 2,925 2,941.4 2,967 2,993.7 3,020.1 3,001.2 2,954.2 2,853.2 2,857.6 2,856.5 2,649.4 2,541.6 2,379.7 1,857.2 1,426.1 798.2 804.9 685.9
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
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 71.9 46.3 0 0 0 0 0
Long-Term Investments 10.6 11.8 24.2 12.5 12.7 14.5 17 18.6 21.1 15.7 18.7 17.1 23 20.6 19.2 26.1 20.5 19.4 23.7 71.5 75.6 62.7 69 53.4 39.9 33.7 23.8 0 0 31 30.4 20.7 20.7 20.7 26.7 5.3 0
Other Non-Current Assets 82.4 130 66.6 51 43.5 43.1 32.5 35.8 43.6 46.9 83 28.1 35.9 29.5 24.1 33.1 17.9 12.7 3.3 5.7 6.0 7.6 12.9 0.4 11.7 34.6 16.6 22.4 29.5 22.1 1.6 9.1 24.9 0 0 0 0
Total Non-Current Assets 3,162.9 2,886.5 2,887.8 2,883.4 2,885.3 2,903 2,760.7 2,635.4 2,655.1 2,670.2 2,704 2,654.2 2,663.3 2,651.8 2,646.6 2,778.5 2,894 2,904.1 2,926.2 3,003.2 3,023.8 3,037.5 3,075.6 3,074.6 3,052.8 3,023.8 2,896 2,883.2 2,888.9 2,705.1 2,606.1 2,439.2 1,902.8 1,446.8 824.9 810.2 685.9
Total Assets 3,803.1 3,625.6 3,522 3,351.7 3,402.2 3,419.6 3,343.3 3,181.6 3,289.1 3,080.1 3,044.3 2,996.1 3,162.2 3,001.7 3,279 2,990.5 3,113.2 3,080.3 3,108.3 3,142.2 3,172.7 3,171.1 3,213.7 3,249.1 3,329.1 3,280 3,199.5 3,196 3,098.4 2,913.7 2,790.5 2,652.2 2,137.3 1,672.3 1,008.2 1,023.9 1,172.9
Current Liabilities
Account Payables 43.5 33.8 58.4 63.8 60.8 81.6 59 58.3 39 35.5 77.3 37.8 34.2 47.7 53.2 45.3 51.7 34.7 14.7 16.6 12.5 20.4 29.1 15.1 29.4 14.1 5.6 10.3 14.7 9.6 8.8 12.1 16.2 9.6 13.4 0 2.5
Short-Term Debt 129.3 129.3 118.3 118.1 118.1 118.1 109.4 97.8 97.8 82.9 116.8 97.9 252.5 405.1 1,649.6 1,642.9 496.1 0 0 2.6 3.4 3.1 3.1 0 0 3.4 0 0 58.5 0 0 0 0 0 0 0 0
Deferred Revenue 0 24.2 52.9 61.6 59.2 43 29.6 33.4 56.1 59.5 54.8 52.4 0 57.3 0 14.4 6.6 3.9 0 2.4 0.9 2.6 5.2 15.3 16.8 5.6 4.1 6 82.3 3.2 0 0 0 0 0 0 0
Other Current Liabilities 239.3 163.4 157.5 1.2 1 4.4 2.4 3.3 4.7 6.1 191.1 43 56.7 42.2 47.4 170.9 19.4 1.4 2.3 59.7 55.7 57.9 63.1 4.6 125.6 202.6 132.5 117.6 94.8 102.4 35.5 23.8 48 0 0 0 43.2
Total Current Liabilities 412.1 350.7 409.2 367.1 412.4 409.6 413 349 396.2 360.4 455.8 398.5 550.1 745.6 2,003.2 1,884.3 703.1 117.9 98.8 97.4 89.7 96 122.3 131.1 231.9 249.7 168 159.9 182.8 119.3 66.7 61.7 121.7 21.1 20.2 20.3 45.7
Non-Current Liabilities
Long-Term Debt 2,175.6 2,021 1,937.6 1,933.4 1,996.6 1,992.5 1,889.1 1,745.8 1,799 1,618.8 1,515.7 1,541.7 1,547.4 1,191.1 283.5 281.8 1,424.2 1,915.9 1,912.8 1,910.9 1,908.3 1,903.3 1,903.6 1,900.9 1,808.8 1,703.3 1,585.5 1,572.9 1,356.9 1,174.6 985.2 809.4 261 87 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 (71.3) 0 0 0
Other Non-Current Liabilities 2.3 1.8 1 1.2 2.8 3.2 4.6 5.2 5.5 60.3 86.5 95 160.6 98.5 74.8 112.9 41.6 154.1 160.9 165.7 146.8 132.1 123.4 92.5 27.6 26.4 88.3 82.1 79.5 86.3 86.6 82.8 8.8 71.3 0 0 185.7
Total Non-Current Liabilities 2,193.8 2,052.3 1,972.7 1,972 2,014.9 2,016.7 1,942.1 1,833.4 1,903.3 1,735.7 1,670.4 1,691.4 1,708 1,358.3 358.3 394.7 1,537.1 2,072.5 2,073.7 2,076.6 2,055.1 2,038.3 2,027 1,993.4 1,890.9 1,736.2 1,680.6 1,663.2 1,443.8 1,260.9 1,071.8 892.2 345.5 158.3 71.4 0 185.7
Total Liabilities 2,605.9 2,403 2,381.9 2,339.1 2,427.3 2,426.3 2,355.1 2,182.4 2,299.5 2,096.1 2,126.2 2,089.9 2,258.1 2,103.9 2,361.5 2,279 2,240.2 2,190.4 2,172.5 2,174 2,144.8 2,134.3 2,149.3 2,124.5 2,122.8 1,985.9 1,848.6 1,823.1 1,626.6 1,380.2 1,138.5 953.9 467.2 179.4 91.6 20.3 231.4
Stockholders' Equity
Common Stock 31.6 31.6 29.5 24.5 24.5 26.5 26.5 26.5 26.5 26.5 25.7 25.5 25.5 23 23 15.4 15.3 13.8 13.8 13.8 13.8 11 7.9 7.9 5.6 5.6 5.6 5.3 5.3 5.3 5.3 5.3 5.3 4.8 3.2 3.2 3.2
Retained Earnings (1,260.8) (1,231.8) (1,230.8) (1,258.6) (1,293.7) (1,276.8) (1,303.1) (1,312.8) (1,344.5) (1,358.9) (1,387.3) (1,387.6) (1,388.4) (1,381) (1,359.7) (1,304.8) (1,139.5) (1,088.2) (1,042.1) (1,009.5) (949.6) (895.2) (836.2) (775.8) (664.9) (576.7) (516.5) (437.3) (334.1) (279.2) (168.7) (129.7) (122.5) (88.8) (27.1) (17.4) (8.3)
Accumulated Other Comprehensive 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 (9.6) (12.9) (5.6) (6.2) (6.2) (6.2) (6.2) (0.2) (0.2) (0.0)
Total Stockholders' Equity 1,197.2 1,222.6 1,140.1 1,012.6 974.9 993.3 988.2 999.2 989.6 984 918.1 906.2 904.1 897.8 917.5 711.5 873 889.9 935.8 968.2 1,027.9 1,036.8 1,064.2 1,124.4 1,206.3 1,293.9 1,350.7 1,372.7 1,471.6 1,531.8 1,650.3 1,695.3 1,666.9 1,490.9 916.6 932.3 941.5
Total Liabilities & Equity 3,803.1 3,625.6 3,522 3,351.7 3,402.2 3,419.6 3,343.3 3,181.6 3,289.1 3,080.1 3,044.3 2,996.1 3,162.2 3,001.7 3,279 2,990.5 3,113.2 3,080.3 3,108.3 3,142.2 3,172.7 3,171.1 3,213.7 3,249.1 3,329.1 3,280 3,199.5 3,196 3,098.4 2,913.7 2,790.5 2,652.2 2,137.3 1,672.3 1,008.2 952.5 1,172.9
Debt Metrics
Total Debt 2,304.9 2,150.3 2,056.5 2,051.8 2,115 2,111 1,999 1,844.1 1,897.3 1,702.2 1,632.5 1,640.1 1,800.4 1,596.7 1,933.3 1,924.7 1,920.5 1,916.6 1,914.5 1,913.5 1,911.7 1,909.3 1,906.7 1,904 1,808.8 1,713.2 1,589.2 1,576.3 1,419.1 1,175.7 985.2 809.4 261 87 0 0 0
Net Debt 2,058 1,769.6 1,827.7 1,959.4 1,945 2,049.4 1,813.3 1,650.6 1,614.6 1,599.7 1,538 1,556.3 1,710.1 1,488.7 1,903.6 1,893.6 1,870.4 1,881.7 1,845.6 1,881.1 1,862.7 1,890.1 1,894.2 1,869.4 1,795.6 1,584.7 1,549.7 1,531.5 1,389.7 1,147.8 944.6 755.4 209.5 (77) (141.2) (193.8) (482.5)
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
Operating Activities
Net Income (29) (1) 30.8 35.1 (16.9) 26.3 9.7 31.7 14.4 30.2 0.3 0.8 (7.4) (21.3) (54.9) (165.3) (51.3) (46.1) (32.6) (59.9) (54.4) (46.7) (61.9) (109.6) (87) (69.3) (79.2) (103.2) (56.4) (110.7) (39) (7.4) (33.8) (61.7) (9.6) (11.8) (4.9)
Depreciation & Amortization 0 37.8 37.6 36.7 35.9 35.7 31.8 31.9 31.8 32.8 30.4 28 28.2 28.3 29.2 29.5 29.5 36.4 28.4 26.4 28.4 29.1 28.9 27.5 32.4 27.1 25.8 24.6 23.9 23.8 21.5 22 12.2 35.4 8 3.5 0.9
Stock-Based Compensation 0 0 0 2.6 3.4 3 2.5 1.8 1.8 1.7 1.3 1.3 1.3 0 0.5 0.2 0.3 0 0 0 0.7 0 0.2 0.2 0.6 0.3 0.6 1 2 1.4 1.4 0.5 0.4 5.6 2.5 0.1 0
Change in Working Capital 19.9 (12.2) 1.3 (67.4) 104.6 (76.7) (1.6) (31.6) (14.4) (120.3) 7.8 (22.6) (26) 63.0 14.5 (3.2) (0.9) (15.2) 1.2 15.7 22.7 (9.4) 33.6 43.7 (5.5) 21.8 6.2 4.9 15.2 (43.4) 12.6 (25.3) (3.4) 2 (4.3) 5.8 0.1
Other Non-Cash Items 57.2 7.2 4.4 4.8 12.2 (11.2) 9 (19.1) (12.8) (9.6) (4.1) (6) (4.2) 5.1 19.9 129.2 7.8 0.5 (3.1) 7.2 (13.8) (13.1) (7.3) 33.5 53.1 9.5 35.2 18 1.7 8.5 9.7 6 (38.1) 0.2 (0.1) 1 0
Operating Cash Flow 48.1 33.8 75.0 6.3 138.7 (14.8) 48.4 16 23.9 (82.0) 34.5 2.4 (8.2) 73.1 8.2 (8.5) (14.7) (24.2) (6.0) (11.1) (16.7) (40.2) (5.8) (5.2) (5.3) (9.5) (10.6) (54.9) (13.9) (41.3) (3.5) (39.9) (42.7) (9.7) (17.7) (1.4) (3.8)
Investing Activities
Capital Expenditure (182.9) (52.9) (35.2) (13.4) (25.1) (189.9) (187.4) (13.4) (18.7) (38.0) (23.8) (25.7) (29) (37.5) (20.4) (16.3) (7.1) (5.4) (5.4) (5.0) (2.8) (2.6) (11.8) (13.8) (14.5) (24.4) (19.3) (5.2) (129) (18.9) (3.2) (366.8) (0.6) (663.3) (1) (275.3) (117.7)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.6 0 0.5 (0.1) 0.8 3.1 17.7 (7.5) (8.5) (8.7) (11.5) (19.4) 0 0.6 0 (1) 0 (198.3) (3.8) 0 (288.7) (32)
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1.3) 0 (92.5) 0 (0.1) 0 (2.9) (4) (3.3) (9.7) 0 0 0 (21.3) (5.6) 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0.1 (0.1) 9.6 0 0 0 0 0 6.6 48.2 (1.6) 0 0.0 0 3 0 27.1 0 0 4.2 0 0 0 0 0 0 0 0
Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0.1 0.2 0 0 0 0.1 0 0 0 0 1.4 0 3 15.8 2 0.3 (19.4) (43.6) (43.9) 3 0.5 61 (15.8) (23.9) (4.1) 210.1 (253.1)
Investing Cash Flow (182.9) (52.9) (35.2) (13.4) (25.1) (189.9) (187.4) (13.4) (18.7) (37.8) (23.8) (15.9) (29) (37.5) (20.4) (15.6) (7.1) 1.7 42.7 (5.7) 1.7 13.9 (16.3) (96) (21.2) (8.6) (38.7) (51.7) (172.1) (19.2) (13.4) (305.8) (214.7) (691) (26.4) (359.5) (370.7)
Financing Activities
Net Debt Issuance 0 91.7 (0.1) (70.7) 0 104.8 154.4 (67.2) 197.7 78.1 (10.3) (186.4) 177.4 (335.7) 0 0 0 0 0 0 0 0.0 0 0 5 30 10 154.6 153.5 99.9 0 335.6 (89.3) 0 0 0 12.7
Stock Repurchased 0 0.0 (0.0) (0.0) (0.2) (19.9) 0 0 0 (0.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (10) (7.4) 0 (2.3) 0 (8.4) 0 0
Dividends Paid 0 0.0 (0.0) (0.2) (4.7) (4.7) (23.9) (23.9) (23.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 0 0 0.2 0 0.4 (0.0) 0 1.3 0 0.7 25 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0 10.4 25 87 0 0 0
Financing Cash Flow 1 173.9 100.8 (70.7) (4.9) 80.6 131.1 (91.1) 175.2 127.9 (0.7) (161.4) 177.4 (192.5) 260.4 3.6 34.1 0.3 (1.4) 0.4 44.8 32.9 0 28.8 5 30 59.1 154.6 153.5 90 (7.4) 348.2 144.9 723.6 (8.4) 0 791.2
Cash Position
Net Change in Cash (133.8) 151.9 135.4 (77.8) 108.7 (124.1) (7.9) (88.5) 180.4 8.4 10.7 (174.9) 140.2 (168.8) 248.2 (20.5) 12.3 (30.7) 36.5 (16.6) 29.8 6.7 (22.1) (72.4) (21.5) 11.9 9.8 48 (32.5) 29.5 (24.3) 2.5 (112.5) 22.8 (52.6) (361) 416.6
Cash at Beginning 380.7 228.8 93.4 171.2 62.5 186.6 194.5 283 102.6 93.9 83.8 258.7 118.5 279.3 37.8 58.3 46 68.9 32.4 49 19.2 12.5 34.6 107 128.5 116.6 106.8 58.8 91.3 61.8 86.1 51.5 164 141.2 193.8 554.8 138.1
Cash at End 246.9 380.7 228.8 93.4 171.2 62.5 186.6 194.5 283 102.3 94.5 83.8 258.7 110.5 286 37.8 58.3 38.2 68.9 32.4 49 19.2 12.5 34.6 107 128.5 116.6 106.8 58.8 91.3 61.8 54 51.5 164 141.2 193.8 554.8
Free Cash Flow (134.8) (19.1) 39.8 (7.1) 113.6 (204.7) (139) 2.6 5.2 (120.0) 10.7 (23.3) (37.2) 35.6 (12.2) (24.8) (21.8) (29.6) (11.4) (16.1) (19.5) (42.8) (17.6) (19) (19.8) (33.9) (29.9) (60.1) (142.9) (60.2) (6.7) (406.7) (43.3) (673) (18.7) (276.7) (121.5)
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
Income Statement
Revenue 247 259.4 277.1 267.7 216.6 263.1 241.6 271.9 234 220.6 191.5 187.5 172 148.6 107.9 105.3 82 69.1 73 54.8 48.4 60.2 59.2 84 104.1 92.9 102.7 86.6 51.9 53.5 49.7 51.1 10.6 35.4 0 0 0
Gross Profit 59.8 81.5 111 231 180.7 227.4 209.8 240 202.2 189.8 161.1 159.5 143.8 120.3 78.7 75.8 52.5 32.7 44.6 28.4 20 31.1 30.3 56.5 71.7 64.2 72.8 54.9 20.6 21.2 18.5 (1.3) (1.6) 0 0 (3.5) 0
Operating Income 46 67.3 98.2 96.5 60.2 101 83.7 104.5 85 80.7 63.8 59.9 46 29.5 3.9 (123) (12.3) (13) (8.7) (26) (40.6) (25.4) (44.6) (91.2) (26.8) (30.2) (26) (36.6) (58) (51) (41.5) (24.8) (14.1) (67) (24.9) (12.9) (4.9)
Net Income (29) (1) 30.8 35.1 (16.9) 26.3 9.7 31.7 14.4 28.4 0.3 0.8 (7.4) (21.3) (54.9) (165.3) (51.3) (46.1) (32.6) (59.9) (54.4) (59.1) (61.9) (109.6) (87) (60.3) (79.2) (103.2) (54.9) (110.5) (39.1) (7.2) (33.7) (61.7) (9.6) (11.8) (4.9)
EPS (Diluted) -0.09 -0.00 0.10 0.13 -0.07 0.09 0.04 0.11 0.05 0.10 0.00 0.00 -0.03 -0.09 -0.30 -1.09 -0.35 -0.34 -0.24 -0.44 -0.42 -0.44 -0.78 -1.66 -1.57 -1.23 -1.50 -1.91 -1.02 -2.05 -0.72 -0.14 -0.68 -1.25 -0.30 -0.37 -0.15
Balance Sheet
Cash & Equivalents 246.9 380.7 228.8 92.4 170 61.6 185.7 193.5 282.7 102.5 94.5 83.8 90.3 108 29.7 31.1 50.1 34.9 68.9 32.4 49 19.2 12.5 34.6 13.2 128.5 39.5 44.8 29.4 27.9 40.6 54 51.5 164 141.2 193.8 482.5
Total Assets 3,803.1 3,625.6 3,522 3,351.7 3,402.2 3,419.6 3,343.3 3,181.6 3,289.1 3,080.1 3,044.3 2,996.1 3,162.2 3,001.7 3,279 2,990.5 3,113.2 3,080.3 3,108.3 3,142.2 3,172.7 3,171.1 3,213.7 3,249.1 3,329.1 3,280 3,199.5 3,196 3,098.4 2,913.7 2,790.5 2,652.2 2,137.3 1,672.3 1,008.2 1,023.9 1,172.9
Total Debt 2,304.9 2,150.3 2,056.5 2,051.8 2,115 2,111 1,999 1,844.1 1,897.3 1,702.2 1,632.5 1,640.1 1,800.4 1,596.7 1,933.3 1,924.7 1,920.5 1,916.6 1,914.5 1,913.5 1,911.7 1,909.3 1,906.7 1,904 1,808.8 1,713.2 1,589.2 1,576.3 1,419.1 1,175.7 985.2 809.4 261 87 0 0 0
Stockholders' Equity 1,197.2 1,222.6 1,140.1 1,012.6 974.9 993.3 988.2 999.2 989.6 984 918.1 906.2 904.1 897.8 917.5 711.5 873 889.9 935.8 968.2 1,027.9 1,036.8 1,064.2 1,124.4 1,206.3 1,293.9 1,350.7 1,372.7 1,471.6 1,531.8 1,650.3 1,695.3 1,666.9 1,490.9 916.6 932.3 941.5
Cash Flow
Operating Cash Flow 48.1 33.8 75.0 6.3 138.7 (14.8) 48.4 16 23.9 (82.0) 34.5 2.4 (8.2) 73.1 8.2 (8.5) (14.7) (24.2) (6.0) (11.1) (16.7) (40.2) (5.8) (5.2) (5.3) (9.5) (10.6) (54.9) (13.9) (41.3) (3.5) (39.9) (42.7) (9.7) (17.7) (1.4) (3.8)
Capital Expenditure (182.9) (52.9) (35.2) (13.4) (25.1) (189.9) (187.4) (13.4) (18.7) (38.0) (23.8) (25.7) (29) (37.5) (20.4) (16.3) (7.1) (5.4) (5.4) (5.0) (2.8) (2.6) (11.8) (13.8) (14.5) (24.4) (19.3) (5.2) (129) (18.9) (3.2) (366.8) (0.6) (663.3) (1) (275.3) (117.7)
Free Cash Flow (134.8) (19.1) 39.8 (7.1) 113.6 (204.7) (139) 2.6 5.2 (120.0) 10.7 (23.3) (37.2) 35.6 (12.2) (24.8) (21.8) (29.6) (11.4) (16.1) (19.5) (42.8) (17.6) (19) (19.8) (33.9) (29.9) (60.1) (142.9) (60.2) (6.7) (406.7) (43.3) (673) (18.7) (276.7) (121.5)