Cboe Global Markets, Inc. logo CBOE - Cboe Global Markets, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
2
BUY 12
HOLD 13
SELL 4
STRONG
SELL
0
| PRICE TARGET: $314.40 DETAILS
HIGH: $340.00
LOW: $273.00
MEDIAN: $321.00
CONSENSUS: $314.40
DOWNSIDE: 11.31%
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
Revenue
Revenue 1,272.8 1,204 1,141.7 1,173.5 1,195 1,107.6 1,055.7 974 957.2 968.7 908.8 907.8 988.2 1,004.7 993.5 985.8 974.5 866.4 816.8 800.8 1,010.8 844.2 792.7 868.7 921.5 598.6 675.4 620.6 602.6 747.7 575.9 667.5 777.7 620.7 611.4 640.8 356.2 163.2 156.2 163.3 162.3 155.9 187.0 148.7 142.8 166.5 148.9 143.9 157.9 141.8 136.7 150.8 142.7 130.1 128.3 132.5 121.4 120.2 143.6 120.3 124.0 117.4 106.0 112.6 101.1 120.8 98.2 109.0 98.1
Cost of Revenue 602.9 564.2 536.2 586.2 629.8 583.1 523.7 460.2 455.1 469.7 428.3 440.7 516.8 547.6 551.1 561.7 556.4 475.9 447.3 450.2 645.3 537.1 500.7 571.8 563.2 318.3 381.4 337.4 322.1 413.3 305.4 384 449.2 355.1 341.7 373.9 162.8 20.1 32.5 29 27.4 17.8 21.8 16.8 14.2 19.3 16.2 14.7 15.9 15.0 13.8 14.5 13.2 46.1 11.3 12.0 11.2 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 669.9 639.8 605.5 587.3 565.2 524.5 532 513.8 502.1 499 480.5 467.1 471.4 457.1 442.4 424.1 418.1 390.5 369.5 350.6 365.5 307.1 292 296.9 358.3 280.3 294 283.2 280.5 334.4 270.5 283.5 328.5 265.6 269.7 266.9 193.4 155.0 136.2 144.1 143.1 138.1 165.2 132.0 128.7 147.2 132.7 129.2 142.0 126.8 122.9 136.3 129.5 83.9 117.0 120.5 110.2 120.2 143.6 120.3 124.0 117.4 106.0 112.6 101.1 120.8 98.2 109.0 98.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 24.3 162.8 160.9 149.6 153.9 153.6 151.2 150.8 145.1 129.4 140.4 148.1 127.6 128.5 115.8 110.3 96.2 100.3 92 89.5 75.1 75 67.2 68.2 64.4 67.2 71.4 64.3 77.1 68.4 74.7 76.9 70.3 68 66.9 62.2 58.3 41 43.2 40.7 40.0 42.8 37.4 38.2 29.4 37.9 39.3 41.9 28.1 28.0 31.2 30.8 (65.5) 27.2 25.3 25.3 58.7 58.1 53.3 56.8 56.3 63.2 61.2 54.3 55.9 57.3 53.5 48.7
Other Expenses 164.3 186.7 72.4 87.3 61.7 72.1 71 152.5 68.9 59.9 79.9 81.9 75.4 79 77.1 545.7 68.1 73.7 78.5 68.6 71.4 97.2 77.7 68 63.7 96.7 79.4 86.6 69.7 80.8 76 79.7 83.9 86.6 82.4 82.2 105.1 21.6 29.4 22.9 22.9 22.3 21.3 21.2 21.0 30.9 19.7 20.2 18.1 26.1 26.5 29.7 29.3 89.7 29.0 29.2 27.5 8.8 10.5 10.6 9.7 9.3 7.9 9.6 8.0 8.3 7.9 7.9 9.0
Operating Expenses 164.3 211 235.2 248.2 211.3 226 224.6 303.7 219.7 205 209.3 222.3 223.5 206.6 205.6 661.5 178.4 169.9 178.8 160.6 160.9 172.3 152.7 135.2 131.9 161.1 146.6 158 134 157.9 144.4 154.4 160.8 156.9 150.4 149.1 167.3 79.9 70.4 66.1 63.6 62.2 64.1 58.6 59.1 60.3 57.6 59.5 59.9 54.2 54.5 60.9 60.1 24.2 56.2 54.5 52.8 67.5 68.6 63.8 66.5 65.5 71.1 70.8 62.4 64.2 65.2 61.4 57.7
Operating Income
Operating Income 505.6 428.8 370.3 339.1 353.9 298.5 307.4 210.1 282.4 294 271.2 244.8 247.9 250.5 236.8 (237.4) 239.7 220.6 190.7 190 204.6 134.8 139.3 161.7 226.4 119.2 147.4 125.2 146.5 176.5 126.1 129.1 167.7 108.7 119.3 117.8 26.1 75.1 65.8 78 79.5 75.9 101.1 73.4 69.6 87.0 75.1 69.7 82.0 72.6 68.4 75.4 69.4 59.8 60.9 66.1 57.4 52.7 75.0 56.5 57.5 51.9 34.9 41.8 38.7 56.7 33.0 47.6 40.3
Interest Expense 13.3 0 13.3 12.9 12.8 12.9 12.8 12.8 13 13.2 15.4 16.7 17.1 17.1 16.1 15.1 11.7 11.5 11.7 12.4 12.4 0 9.6 7.4 8 7.8 8.8 10 10 9.7 9.6 9.7 9.6 10.4 10.8 0 7.9 5.5 0.2 0.0 0 0.0 0.0 0 0 0 0 0 0 0 0 0 0 0.1 0 0 0 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2
Interest Income 17.7 15.4 14.3 11.3 8.4 7.2 11.4 4.6 4.1 3.7 3.5 2.8 2 1.4 0.8 0.5 0.9 0.4 0 0.1 0.1 0.2 0.1 0.1 0.7 0 0.6 0 0.5 0 0 0.9 0 0 0.5 0 0 0 0 0 0.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0 0.0 0.1 0.0 0 0 0 0 0 0 0 0
Profitability
EBITDA 558.3 460.1 474.3 377.4 393.3 324.7 353.6 247.6 342.4 338.7 324.3 298.3 306.7 297.6 286.1 (201.5) 277.5 263.7 228.3 232.2 247.3 173.7 212.5 202 266 164.7 192.6 173.3 185 233.1 177.1 179.9 223.2 170 172.1 173 51 90.6 77.8 96.1 92.4 91.9 113.9 84.9 79.7 98.0 85.2 79.6 90.7 79.6 76.9 84.0 77.7 65.6 69.5 74.4 65.8 60.1 83.7 65.5 65.8 58.4 42.0 49.1 45.9 63.7 39.9 54.8 47.5
EBIT 528.8 428.8 443.4 347.5 363 292.6 321.8 215.8 305.1 300.7 285.5 258.5 265.3 252.9 245.1 (241.7) 236.6 221.7 185.5 191.6 205.3 133.2 173 164 225.5 121.9 149.7 129.6 137.8 184 126.8 129.5 169 114.1 116.7 117.2 25.9 80.5 67.6 83.8 80.5 79.7 101.5 73.6 69.3 87.0 74.8 69.7 82.0 70.4 68.4 75.4 69.4 59.4 60.9 66.1 57.4 52.5 74.8 56.5 57.1 50.2 34.9 41.8 38.6 56.8 33.0 47.7 40.6
Income Before Tax 515.5 451.7 430.1 334.6 350.2 279.7 309 203 292.1 287.5 270.1 241.8 248.2 235.8 229 (256.8) 224.9 210.2 173.8 179.2 192.9 122.9 163.4 156.6 217.5 114.2 140.9 119.6 127.8 175.6 116.3 119.8 159.4 104.1 105.9 106.1 18.3 75.0 67.3 83.8 80.5 79.7 101.5 73.6 69.3 83.9 74.8 69.4 81.5 72.2 67.9 74.9 68.7 59.4 60.5 65.7 57.0 52.3 74.6 56.3 56.9 50.0 34.7 41.6 38.4 56.6 32.8 47.5 40.4
Income Tax Expense 129.8 138.2 129.3 99.5 99.6 83.2 90.5 62.6 82.6 75.5 61.9 74 74.8 76.1 78.8 (72.3) 115.3 44.3 53.4 73.7 55.7 35.6 53.5 43 60.1 27.9 35 35.1 32.6 37.3 30.6 36.8 41.3 (153) 45.6 38.1 3.1 29.8 26.9 32.9 31.3 29.3 33.9 28.8 27.0 34.6 26.4 26.4 32.5 26.0 26.6 28.7 26.3 19.7 14.8 27.2 23.5 20.5 33.2 22.9 24.0 18.6 14.2 16.7 15.7 21.7 13.6 19.4 16.1
Net Income 385.7 313.5 300.8 235.1 250.6 196.5 218.5 140.4 209.5 212 208.2 167.8 173.4 159.7 149.6 (184.5) 109.2 165.3 120 105.2 136.8 87.1 109.6 113.3 157 86.1 105.5 87.6 94.6 137.4 85 82.4 117.3 254.6 59.7 67.3 15.1 45.0 40.3 50.7 49.2 50.2 67.2 44.6 42.1 49.1 48.1 42.6 48.5 45.6 41.0 45.5 41.8 39.3 45.2 37.9 32.9 31.3 40.6 32.6 32.1 31.4 20.0 24.8 22.7 34.9 19.2 28.1 24.3
Per Share Data
EPS (Basic) 3.67 2.98 2.86 2.23 2.38 1.87 2.08 1.33 1.97 1.99 1.96 1.58 1.63 1.50 1.41 -1.74 1.02 1.55 1.12 0.99 1.27 0.81 1.01 1.04 1.42 0.78 0.95 0.79 0.85 1.23 0.76 0.74 1.04 2.27 0.53 0.60 0.16 0.55 0.50 0.62 0.60 0.61 0.81 0.54 0.50 0.58 0.57 0.50 0.56 0.52 0.47 0.52 0.48 0.45 0.52 0.44 0.37 0.35 0.45 0.36 0.36 0.33 0.20 0.27 0.25 0.38 0.21 0.31 0.27
EPS (Diluted) 3.66 2.97 2.85 2.23 2.37 1.86 2.07 1.33 1.96 1.98 1.95 1.57 1.63 1.49 1.41 -1.74 1.02 1.54 1.12 0.98 1.27 0.81 1.01 1.03 1.42 0.77 0.94 0.78 0.85 1.23 0.76 0.73 1.04 2.26 0.53 0.60 0.16 0.55 0.50 0.62 0.60 0.61 0.81 0.54 0.50 0.58 0.57 0.50 0.56 0.52 0.47 0.52 0.48 0.45 0.52 0.44 0.37 0.35 0.45 0.36 0.36 0.33 0.20 0.27 0.25 0.38 0.21 0.31 0.27
Shares Outstanding 104.7 104.7 104.6 104.7 104.7 104.8 104.7 105.9 105.9 105.9 105.9 105.9 105.9 106.2 106.2 106.3 106.6 106.8 106.8 106.8 107.3 107.9 108.7 109.5 110.4 110.9 111.6 111.5 111.5 111.3 111.4 112 112.4 112.3 112.3 112.1 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9 105.9
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2010 Q1 2009 Q4
Current Assets
Cash & Cash Equivalents 2,134.4 2,216.5 1,496.7 1,256.3 1,047.2 920.3 763.2 614.6 536.3 543.2 403.1 413.6 435.6 432.7 353.3 373.3 659.4 341.9 392.4 450.9 263.3 245.4 212.7 210.1 165.2 229.3 150 161.3 346.2 275.1 136.8 140 166.3 143.5 124.8 148.6 153.3 97.3 72.8 52.2 107.5 324.1 439.5 383.7
Short-Term Investments 35.9 36.1 34.2 207.6 105.9 110.3 39.4 83.7 58.8 57.5 34 103.7 80.2 91.7 27.4 68.5 48.7 37.1 26.7 118.7 95.5 92.4 22.8 176.5 43.6 71 21.4 82.9 30.2 35.7 0.9 131.8 64 47.3 2.4 110.4 41.3 0 0 0 0 0 0 0
Net Receivables 514.6 391.4 471 484.9 494.4 518.4 423.3 407.6 377 411.8 419.5 401.6 397.9 418.1 419.7 442.4 380.3 369.6 372.5 372.8 374.8 390.4 341.6 376.8 408 291.5 300.5 316.3 291.3 357.7 281.7 299.1 268.4 234.5 231 242 245.3 130.4 120.5 110.7 69.0 46.6 48.1 43.1
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 1,777.4 1,740.1 1,794.1 1,714.4 930.1 2,092.1 2,793.6 1,703 966.8 1,421.3 825.4 1,544.4 613.5 1,096.6 1,048.6 1,846.8 782.7 1,707.2 1,238.4 1,299.5 838.6 805.2 17.8 15.3 15.8 17.6 16.9 15.5 15.2 16.1 13.1 13.6 9.4 16.1 18.7 15.8 2.0 4.9 0.4 0.3 0.6 0.7 0.5
Total Current Assets 2,684.9 4,421.4 3,742 3,742.9 3,361.9 2,479.1 3,318 3,899.5 2,675.1 1,979.3 2,277.9 1,744.3 2,458.1 1,556 1,897 1,932.8 2,935.2 1,531.3 2,498.8 2,180.8 2,033.1 1,566.8 1,382.3 781.2 632.1 607.6 489.5 577.4 683.2 683.7 435.5 584 512.3 436.7 374.3 519.7 455.7 239.1 206.6 173.9 184.7 378.5 495.5 433.1
Non-Current Assets
Property, Plant & Equipment 242.5 244.1 242.2 250.1 244.9 242.5 239.4 230.4 236.6 245.8 217.5 223.5 224.5 222.2 222.3 234.6 231.5 217.6 218.8 211.6 191.9 193.6 198.7 193.4 184.7 100.4 102.4 104.7 129.9 76.6 70.8 70.3 79.1 78.8 82.1 80.5 79.5 60.8 64.8 66.0 63.0 91.6 94.9 96.2
Goodwill 0 3,150.5 3,146.9 3,155.9 3,132 3,124.2 3,150.5 3,132.9 3,133.8 3,140.6 3,124.9 3,138.4 3,128.4 3,122.8 3,113.9 3,132 3,018.1 3,025.4 3,024.7 2,899.5 2,898 2,895.1 2,781.5 2,730.4 2,725.4 2,682.1 2,663.4 2,680 2,697.5 2,691.4 2,697.6 2,701.3 2,718.2 2,707.4 2,696.3 2,686.4 2,675.6 26.5 26.5 26.5 26.5 0 0 0
Intangible Assets 4,417 1,297.2 1,385.4 1,410.6 1,367.8 1,423.7 1,424.7 1,462.9 1,568 1,604.8 1,609.4 1,614.4 1,636.5 1,662.8 1,706 1,832.5 1,665.8 1,668.6 1,740 1,708.4 1,735.7 1,729 1,615.5 1,553 1,583.8 1,589.9 1,631.8 1,680 1,724 1,720.2 1,768.2 1,850.5 1,876.7 1,902.6 1,978.2 2,015.9 1,996 71.6 70.0 67.6 67.2 39.1 7.1 39.6
Long-Term Investments 31.4 32.4 430.2 379.6 383.3 383.7 358.1 359.5 361.8 345.3 342.6 294.2 269.7 253.2 253.6 243.5 244.5 245.8 36 41.1 40.7 42.7 53.2 61.3 62.3 61.2 69.7 63.5 63.4 86.2 88.7 88.7 85 82.7 83.2 82 82 72.9 73.5 72.7 53.5 14.5 2.9 3.1
Other Non-Current Assets 3,694.8 159.7 121.9 109.2 177.4 135.9 23.9 (24.3) (37.4) (59) (52.9) (25) (25.1) (41) (134.5) (151.9) (249.4) (246.9) (329.5) (329) (313.3) (288.3) (351.2) (337.9) (343) (327) (355.7) (373) (401) (373.9) (416.7) (451.4) (404.3) (430.7) (701.7) (692.3) (664.3) 65.7 55.1 53.1 52.0 (16.1) 13.6 0
Total Non-Current Assets 8,385.7 4,883.9 5,326.6 5,305.4 5,305.4 5,310 5,393.5 5,356.1 5,477 5,508.2 5,454.6 5,451.6 5,445.4 5,442.9 5,400.4 5,543.3 5,262.9 5,283.2 5,083.9 4,915.7 4,925 4,949.7 4,694.5 4,585.1 4,605.4 4,506.3 4,529.8 4,581.9 4,647.2 4,637.3 4,684 4,732.9 4,815.9 4,829 4,853.8 4,875.9 4,889.4 238.1 234.8 232.8 210.1 145.2 137.0 138.9
Total Assets 11,070.6 9,305.3 9,068.6 9,048.3 8,667.3 7,789.1 8,711.5 9,255.6 8,152.1 7,487.5 7,732.5 7,195.9 7,903.5 6,998.9 7,297.4 7,476.1 8,198.1 6,814.5 7,582.7 7,096.5 6,958.1 6,516.5 6,076.8 5,366.3 5,237.5 5,113.9 5,019.3 5,159.3 5,330.4 5,321 5,119.5 5,316.9 5,328.2 5,265.7 5,228.1 5,395.6 5,345.1 476.7 441.3 406.6 394.8 523.7 632.5 571.9
Current Liabilities
Account Payables 0 686.9 14.7 22.6 15.1 17.9 17.3 24.7 11.3 24.7 13.5 33.1 15.1 27.5 21.3 35.2 21.2 19.5 18.7 12.6 11.2 28.5 15.9 12.2 9.2 21 10.3 9 4.3 12.8 6.3 11.1 48.7 43.2 38.9 54.9 51.4 6.5 3.1 1.9 4.2 46.3 32.6 43.0
Short-Term Debt 649.5 0 0 0 0 0 0 0 0 0 74.9 164.9 304.8 304.7 0 0 0 0 0 0 49 68.7 70 0 0 0 0 0 299.9 299.8 299.6 299.5 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 6.9 6.8 10.5 13.4 6.4 6 9.9 12.9 5.9 9.1 14.4 21.7 11.7 15.6 22.7 26.4 15.2 13.9 17.2 21.2 10.2 13.7 17.3 17.2 4.5 8.1 13.2 18.2 8.5 13.4 17.4 19.6 15.4 11.4 14.3 18 3.1 7.0 10.9 14.7 23.4 32.8 0.2
Other Current Liabilities 0 1,668.5 1,712 1,729.7 1,654.6 935.3 2,100.7 2,791.4 1,677.2 989 1,510 930.9 1,637.2 680.2 1,247.2 1,198.1 1,977.5 878.3 1,775.3 1,239.1 1,297.8 876.4 825.3 30.8 15.7 37.4 32.3 27.5 18.2 56.3 36.4 44.3 75.7 74.6 70.5 68.1 14.3 25.1 19.6 17.9 12.1 0.0 0.1 0.1
Total Current Liabilities 649.5 2,362.3 2,178.7 2,386.6 2,097.9 1,395.2 2,389.8 3,158.9 2,007 1,383.4 1,849.5 1,468.1 2,303.5 1,477.2 1,545.2 1,599.6 2,341.1 1,169.3 2,017.7 1,604 1,694.1 1,313.3 1,128.3 496.5 358.1 281.6 199 285.8 511.4 595.9 478.9 679.9 384.3 334 238 376.3 260.9 85.4 81.1 76.6 83.4 77.9 511.7 472.2
Non-Current Liabilities
Long-Term Debt 793.9 1,563.8 1,442.4 1,442 1,441.5 1,441 1,440.6 1,440.1 1,439.6 1,439.2 1,438.7 1,438.2 1,437.8 1,437.3 1,859.8 1,959.2 1,593.6 1,299.3 1,298.9 1,298.5 1,138.8 1,135.2 869.1 868.6 868.1 867.6 867.1 916.6 916.1 915.6 915.1 914.6 1,213.4 1,237.9 1,312.4 1,411.3 1,486.7 0 0 0 0 0 0 0
Deferred Tax Liabilities 255 120 162 175.1 182.8 186.8 196.9 194.7 214.2 217.8 213.1 206.1 211.4 222.9 239.1 252.6 352.4 372.7 393.9 384.1 372 377.6 396.8 384.9 392.2 399.7 418.2 426.7 433.4 436.8 475.4 473.5 461.2 488.2 715.7 703.4 720.6 0 5.8 5.0 5.1 16.1 18.6 20.6
Other Non-Current Liabilities 3,867.3 0 273.4 245.7 355 348.1 332 313.9 322.9 311.3 313.9 295.6 285.2 266.9 227.7 263.4 202.4 239.2 242.3 233.4 219.9 209.4 202.5 192.7 180.7 162.7 158.9 156.3 134 131.7 98.2 99.3 94.1 95 84.1 87.9 131.5 68.9 64.9 59.3 58.4 5.3 4.9 4.5
Total Non-Current Liabilities 5,047.6 1,804.7 2,005 1,996.6 2,117.3 2,114.3 2,113.4 2,075 2,121 2,119.1 2,094.7 2,063.4 2,061.3 2,056.4 2,458.4 2,614.6 2,289.7 2,040.4 2,068 2,050 1,859.8 1,854.3 1,604 1,583.5 1,569.3 1,476.7 1,491.6 1,546.5 1,533.6 1,484.1 1,488.7 1,487.4 1,768.7 1,821.1 2,112.2 2,202.6 2,338.8 73.8 70.7 64.2 63.5 21.4 23.4 25.1
Total Liabilities 5,697.1 4,167 4,183.7 4,383.2 4,215.2 3,509.5 4,503.2 5,233.9 4,128 3,502.5 3,944.2 3,531.5 4,364.8 3,533.6 4,003.6 4,214.2 4,630.8 3,209.7 4,085.7 3,654 3,553.9 3,167.6 2,732.3 2,080 1,927.4 1,758.3 1,690.6 1,832.3 2,045 2,080 1,967.6 2,167.3 2,153 2,155.1 2,350.2 2,578.9 2,599.7 159.2 151.8 140.9 146.9 99.3 535.1 497.2
Stockholders' Equity
Common Stock 1 1 1 1 1 1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 0.9 0.9 0.9 0.9 1.0 19.6 19.6
Retained Earnings 3,853.5 3,543.6 3,394.1 3,168.9 3,000.1 2,815.9 2,910.6 2,758.4 2,676.2 2,525.2 2,555.5 2,405.8 2,291.2 2,171.1 2,064.8 1,968 2,203.7 2,145.5 2,031.1 1,962.2 1,901.7 1,810.2 1,767.8 1,703.7 1,629.6 1,512.6 1,467.4 1,401.9 1,348.6 1,288.2 1,185.4 1,134 1,080.8 993.3 766.9 737.3 697.7 710.8 686.0 666.0 633.9 100.9 76.0 53.4
Accumulated Other Comprehensive Income 11.1 30.1 24.6 42.4 (24.8) (48.4) 17.8 (26.4) (23.2) (9.4) (51.4) (2.4) (12.2) (31) (103.8) (31.9) 29.1 55.6 66 85.8 79.8 74.6 29 (2.6) 0.1 37.6 (9.1) 8.1 26.2 11.5 25.8 34.2 75.5 50.7 50 29.6 2.1 (0.8) (0.8) (0.8) (0.8) (0.8) (0.8) (0.8)
Total Stockholders' Equity 5,373.5 5,138.3 4,884.9 4,665.1 4,452.1 4,279.6 4,208.3 4,021.7 4,024.1 3,985 3,788.3 3,664.4 3,538.7 3,465.3 3,293.8 3,261.9 3,567.3 3,604.8 3,497 3,442.5 3,404.2 3,348.9 3,344.5 3,286.3 3,310.1 3,355.6 3,328.7 3,327 3,285.4 3,241 3,151.9 3,149.6 3,175.2 3,110.6 2,877.9 2,816.7 2,745.4 317.9 289.6 265.8 247.9 424.3 97.4 74.7
Total Liabilities & Equity 11,070.6 9,305.3 9,068.6 9,048.3 8,667.3 7,789.1 8,711.5 9,255.6 8,152.1 7,487.5 7,732.5 7,195.9 7,903.5 6,998.9 7,297.4 7,476.1 8,198.1 6,814.5 7,582.7 7,096.5 6,958.1 6,516.5 6,076.8 5,366.3 5,237.5 5,113.9 5,019.3 5,159.3 5,330.4 5,321 5,119.5 5,316.9 5,328.2 5,265.7 5,228.1 5,395.6 5,345.1 477.2 441.3 406.6 394.8 523.7 632.5 571.9
Debt Metrics
Total Debt 1,558 1,684.7 1,594.7 1,600.8 1,603.6 1,599.3 1,604.9 1,588 1,604.9 1,610.8 1,660.5 1,743.5 1,888.3 1,871.3 1,991.6 2,098.6 1,734.9 1,428.5 1,431.8 1,432.5 1,316.9 1,336 1,074.7 1,005.9 996.4 914.3 914.5 963.5 1,266.1 1,215.4 1,214.7 1,214.1 1,213.4 1,237.9 1,312.4 1,411.3 1,486.7 0 0 0 0 0 0 0
Net Debt (576.4) (531.8) 98 344.5 556.4 679 841.7 973.4 1,068.6 1,067.6 1,257.4 1,329.9 1,452.7 1,438.6 1,638.3 1,725.3 1,075.5 1,086.6 1,039.4 981.6 1,053.6 1,090.6 862 795.8 831.2 685 764.5 802.2 919.9 940.3 1,077.9 1,074.1 1,047.1 1,094.4 1,187.6 1,262.7 1,333.4 (97.3) (72.8) (52.2) (107.5) (324.1) (439.5) (383.7)
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 384.1 312.2 300.8 233.9 249.4 195.6 217.4 139.7 208.3 210.8 207.1 167 172.6 159 149.6 (184.5) 109.2 165.3 120 105.2 136.8 87.1 109.6 113.3 157 86.1 105.5 87.6 94.6 137.3 85 82.4 117.3 254.6 59.7 67.3 15.1 44.7 40.3 50.9 49.2
Depreciation & Amortization 29.5 31.3 30.9 29.9 30.3 32.1 31.8 31.8 37.3 38 38.8 39.8 41.4 44.7 41 40.2 40.9 42 42.8 40.6 42 40.5 39.5 38 40.5 42.8 42.9 43.7 47.2 49.1 50.3 50.4 54.2 55.9 55.4 55.8 25.1 10.1 10.2 12.3 11.9
Stock-Based Compensation 0 0 13 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3.7 3.4
Change in Working Capital (394.9) 7.2 (122.9) 147.2 (31.4) 123.5 (77.5) 55.1 (80) 80.3 (136.5) 23.7 (74.5) 133.6 (59.6) 9.7 49.7 (3.8) (104.2) 30.2 (35.8) 919.9 (205) 167.9 (39.4) 94.5 (75) 58.4 (25.8) 69.3 (189.9) 25.6 8.2 107 (132) 69.2 (98.3) 6.1 5.7 (49.1) 33.5
Other Non-Cash Items 63.3 27.1 (56.5) 26.2 5.5 25.8 9.6 74.1 0 (15.1) 10.7 (4.2) (6.9) (0.6) (6.9) 347 (4.4) (34.2) 23.2 18.5 8.2 (6.2) (14.9) 5.8 5.2 14.3 4.1 9.9 2 (29.1) 13.4 27.4 (16.2) (223.9) 25.6 (2.5) 40.4 (9.0) (1.7) (0.2) (0.3)
Operating Cash Flow 82 377.8 153.9 437.2 253.8 377 181.3 300.7 165.6 314 120.1 226.3 132.6 336.7 124.1 212.4 195.4 169.3 81.8 194.5 151.2 1,041.3 (70.8) 325 163.3 237.7 77.5 199.6 118 226.6 (41.2) 185.8 163.5 193.6 8.7 189.8 (17.7) 52.0 54.5 17.5 97.4
Investing Activities
Capital Expenditure (19.2) (20) (16) (20.3) (14.7) (23.8) (12) (17.8) (7.3) (17.1) (7.7) (7.8) (12.4) (27.4) (10.2) (11.4) (10.8) (13.7) (16) (11.4) (9.9) (10.2) (20) (6.6) (10.6) (8.2) (7.8) (13.3) (5.8) (8.5) (15.2) (5.3) (7.3) (11.4) (6.9) (11.8) (7.4) (8.0) (11.0) (16.5) (8.9)
Acquisitions 0 0 0 0 0 3.3 0 0.7 0 0 0 0 0 (0.9) (0.9) (706.5) 0 15.8 (167.3) 0 0 (248.2) (36.7) (5) (61.6) 0 0 0 0 0 0 (0.2) 0.2 (8.7) 0 0 (1,405.4) 0 0 0 (14.3)
Purchases of Investments 0 0 0 (97.1) (80.2) (105.8) 0 (23.3) (26.7) (21.4) (37.7) (36.9) (50.9) (63.6) (1.8) (31.2) (22.7) (218.4) 0 (21.6) (71) (68) (7) (133.5) (26.1) (47) 0 (32.3) (29.5) (36.8) (0.5) (67.3) (63.4) (46.8) (5.4) (67.5) (20.3) 0.9 (0.5) (19.0) (4.7)
Sales/Maturities of Investments 1.5 441.8 177.8 0 70.3 (0.1) 47.3 0 20.7 0 71.3 0 64.4 1.4 41.2 1.1 8.6 0 92.6 0 67.6 0 155.2 0 47.3 0 62.5 0.2 35.3 0 131.8 0.6 46.3 0 108.7 1.4 45 0 0 0 8.9
Other Investing Activities 0 (2.5) 5.7 0.5 4.9 (0.4) 0.1 3.3 0 0.3 0 0 0.8 0 0 0 0 0.1 0 0.5 0 0.5 (4.5) 4.5 0 8 0 0 22 1.8 (0.8) 0 (1) 0 0 (1.3) 1.3 0.0 (2.0) (0.4) (8.9)
Investing Cash Flow (17.7) 419.3 167.5 (116.9) (19.7) (126.8) 35.4 (37.1) (13.3) (38.2) 25.9 (44.7) 1.9 (90.5) 28.3 (748) (24.9) (216.2) (90.7) (32.5) (13.3) (325.9) 87 (140.6) (51) (47.2) 54.7 (45.4) 22 (43.5) 115.3 (72.2) (25.2) (66.9) 97.8 (80.6) (1,386.8) (7.0) (13.5) (35.9) (27.9)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 (75) (90) (140) 0 (120) (100) 364.9 293.8 0 0 20 (20) (225) 70 0 0 0 (50) (300) 0 0 0.1 0 (25.1) (76) (100) (76) 1,493.9 0 0 0 0
Stock Repurchased (69.4) (1.7) (4.5) (37.4) (52.9) 6.7 (27.3) (103) (102.1) (22.6) (0.8) (8.4) (82.7) (16) (0.2) (15.8) (78.4) (0.2) (0.2) (33.8) (53.3) (88) (41.9) (100) (133.4) (69.8) (52.7) (0.4) (45) (5.1) (49.1) (48.3) (59.3) (8.1) (2) (8.1) (7.9) 0 0 (18.1) (46.5)
Dividends Paid (75.8) (75.8) (75.7) (66.4) (66.4) (66.4) (66.3) (58.2) (58.5) (58.5) (58.5) (53.2) (53.3) (53.4) (53.4) (51.2) (51.4) (51.5) (51.5) (45) (45.3) (45.3) (45.8) (39.5) (40) (40) (40.4) (34.8) (34.8) (34.7) (34.6) (30.4) (30.6) (30.7) (30.7) (28.4) (28.3) (20.4) (20.4) (18.8) (18.9)
Other Financing Activities 5 0 4.4 0 4.8 (11.0) 15.5 (16.4) (8) 13.6 (14.7) (6.5) (5.5) (3.2) (7.7) (8.7) (17.6) (1.8) (0.8) 84 (0.9) 489.2 0 0.1 (2.3) (4.3) 0 0 0 0 0 (56.6) 0 0 0 0 0 0 0 (4) 1.1
Financing Cash Flow (140.2) (77.5) (75.8) (103.8) (114.5) (70.7) (78.1) (177.6) (168.6) (142.5) (164.9) (207.5) (141.2) (193) (161.1) 289.3 146.5 (53.8) (52.4) 25.4 (119.5) 130.9 (17.7) (139.2) (175.7) (113.9) (142.5) (334.8) (71.7) (39.3) (82.5) (135.6) (114.2) (114.6) (132.2) (111.2) 1,449.6 (23.9) (25.2) (36.8) (64.3)
Cash Position
Net Change in Cash 6.7 (572.7) 213.1 241.2 126.9 157.1 143.4 78.6 (7.1) 141.3 (10.6) (1,450.5) 1,435.4 79.4 (20) (286.1) 317.5 (50.5) (58.5) 187.6 17.9 32.7 2.6 44.9 (64.1) 79.3 (11.3) (184.9) 71.1 138.3 (3.2) (26.3) 22.8 143.5 124.8 148.6 0 0 0 (55.3) 5.2
Cash at Beginning 956.5 1,529.2 2,956.9 1,047.2 920.3 763.2 619.8 541.2 548.3 407 417.6 1,868.1 432.7 353.3 373.3 659.4 341.9 392.4 450.9 263.3 245.4 212.7 210.1 165.2 229.3 150 161.3 346.2 275.1 136.8 140 166.3 143.5 0 0 0 0 0 0 107.5 102.3
Cash at End 963.2 956.5 3,170 1,288.4 1,047.2 920.3 763.2 619.8 541.2 548.3 407 417.6 1,868.1 432.7 353.3 373.3 659.4 341.9 392.4 450.9 263.3 245.4 212.7 210.1 165.2 229.3 150 161.3 346.2 275.1 136.8 140 166.3 143.5 124.8 148.6 153.3 97.3 72.8 52.2 107.5
Free Cash Flow 62.8 357.8 137.9 416.9 239.1 353.2 169.3 282.9 158.3 296.9 112.4 218.5 120.2 309.3 113.9 201 184.6 155.6 65.8 183.1 141.3 1,031.1 (90.8) 318.4 152.7 229.5 69.7 186.3 112.2 218.1 (56.4) 180.5 156.2 182.2 1.8 178 (25.1) 44.0 43.5 1.0 88.5
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 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
Income Statement
Revenue 1,272.8 1,204 1,141.7 1,173.5 1,195 1,107.6 1,055.7 974 957.2 968.7 908.8 907.8 988.2 1,004.7 993.5 985.8 974.5 866.4 816.8 800.8 1,010.8 844.2 792.7 868.7 921.5 598.6 675.4 620.6 602.6 747.7 575.9 667.5 777.7 620.7 611.4 640.8 356.2 163.2 156.2 163.3 162.3 155.9 187.0 148.7 142.8 166.5 148.9 143.9 157.9 141.8 136.7 150.8 142.7 130.1 128.3 132.5 121.4 120.2 143.6 120.3 124.0 117.4 106.0 112.6 101.1 120.8 98.2 109.0 98.1
Gross Profit 669.9 639.8 605.5 587.3 565.2 524.5 532 513.8 502.1 499 480.5 467.1 471.4 457.1 442.4 424.1 418.1 390.5 369.5 350.6 365.5 307.1 292 296.9 358.3 280.3 294 283.2 280.5 334.4 270.5 283.5 328.5 265.6 269.7 266.9 193.4 155.0 136.2 144.1 143.1 138.1 165.2 132.0 128.7 147.2 132.7 129.2 142.0 126.8 122.9 136.3 129.5 83.9 117.0 120.5 110.2 120.2 143.6 120.3 124.0 117.4 106.0 112.6 101.1 120.8 98.2 109.0 98.1
Operating Income 505.6 428.8 370.3 339.1 353.9 298.5 307.4 210.1 282.4 294 271.2 244.8 247.9 250.5 236.8 (237.4) 239.7 220.6 190.7 190 204.6 134.8 139.3 161.7 226.4 119.2 147.4 125.2 146.5 176.5 126.1 129.1 167.7 108.7 119.3 117.8 26.1 75.1 65.8 78 79.5 75.9 101.1 73.4 69.6 87.0 75.1 69.7 82.0 72.6 68.4 75.4 69.4 59.8 60.9 66.1 57.4 52.7 75.0 56.5 57.5 51.9 34.9 41.8 38.7 56.7 33.0 47.6 40.3
Net Income 385.7 313.5 300.8 235.1 250.6 196.5 218.5 140.4 209.5 212 208.2 167.8 173.4 159.7 149.6 (184.5) 109.2 165.3 120 105.2 136.8 87.1 109.6 113.3 157 86.1 105.5 87.6 94.6 137.4 85 82.4 117.3 254.6 59.7 67.3 15.1 45.0 40.3 50.7 49.2 50.2 67.2 44.6 42.1 49.1 48.1 42.6 48.5 45.6 41.0 45.5 41.8 39.3 45.2 37.9 32.9 31.3 40.6 32.6 32.1 31.4 20.0 24.8 22.7 34.9 19.2 28.1 24.3
EPS (Diluted) 3.66 2.97 2.85 2.23 2.37 1.86 2.07 1.33 1.96 1.98 1.95 1.57 1.63 1.49 1.41 -1.74 1.02 1.54 1.12 0.98 1.27 0.81 1.01 1.03 1.42 0.77 0.94 0.78 0.85 1.23 0.76 0.73 1.04 2.26 0.53 0.60 0.16 0.55 0.50 0.62 0.60 0.61 0.81 0.54 0.50 0.58 0.57 0.50 0.56 0.52 0.47 0.52 0.48 0.45 0.52 0.44 0.37 0.35 0.45 0.36 0.36 0.33 0.20 0.27 0.25 0.38 0.21 0.31 0.27
Balance Sheet
Cash & Equivalents 2,134.4 2,216.5 1,496.7 1,256.3 1,047.2 920.3 763.2 614.6 536.3 543.2 403.1 413.6 435.6 432.7 353.3 373.3 659.4 341.9 392.4 450.9 263.3 245.4 212.7 210.1 165.2 229.3 150 161.3 346.2 275.1 136.8 140 166.3 143.5 124.8 148.6 153.3 97.3 72.8 52.2 107.5 324.1 439.5 383.7
Total Assets 11,070.6 9,305.3 9,068.6 9,048.3 8,667.3 7,789.1 8,711.5 9,255.6 8,152.1 7,487.5 7,732.5 7,195.9 7,903.5 6,998.9 7,297.4 7,476.1 8,198.1 6,814.5 7,582.7 7,096.5 6,958.1 6,516.5 6,076.8 5,366.3 5,237.5 5,113.9 5,019.3 5,159.3 5,330.4 5,321 5,119.5 5,316.9 5,328.2 5,265.7 5,228.1 5,395.6 5,345.1 476.7 441.3 406.6 394.8 523.7 632.5 571.9
Total Debt 1,558 1,684.7 1,594.7 1,600.8 1,603.6 1,599.3 1,604.9 1,588 1,604.9 1,610.8 1,660.5 1,743.5 1,888.3 1,871.3 1,991.6 2,098.6 1,734.9 1,428.5 1,431.8 1,432.5 1,316.9 1,336 1,074.7 1,005.9 996.4 914.3 914.5 963.5 1,266.1 1,215.4 1,214.7 1,214.1 1,213.4 1,237.9 1,312.4 1,411.3 1,486.7 0 0 0 0 0 0 0
Stockholders' Equity 5,373.5 5,138.3 4,884.9 4,665.1 4,452.1 4,279.6 4,208.3 4,021.7 4,024.1 3,985 3,788.3 3,664.4 3,538.7 3,465.3 3,293.8 3,261.9 3,567.3 3,604.8 3,497 3,442.5 3,404.2 3,348.9 3,344.5 3,286.3 3,310.1 3,355.6 3,328.7 3,327 3,285.4 3,241 3,151.9 3,149.6 3,175.2 3,110.6 2,877.9 2,816.7 2,745.4 317.9 289.6 265.8 247.9 424.3 97.4 74.7
Cash Flow
Operating Cash Flow 82 377.8 153.9 437.2 253.8 377 181.3 300.7 165.6 314 120.1 226.3 132.6 336.7 124.1 212.4 195.4 169.3 81.8 194.5 151.2 1,041.3 (70.8) 325 163.3 237.7 77.5 199.6 118 226.6 (41.2) 185.8 163.5 193.6 8.7 189.8 (17.7) 52.0 54.5 17.5 97.4
Capital Expenditure (19.2) (20) (16) (20.3) (14.7) (23.8) (12) (17.8) (7.3) (17.1) (7.7) (7.8) (12.4) (27.4) (10.2) (11.4) (10.8) (13.7) (16) (11.4) (9.9) (10.2) (20) (6.6) (10.6) (8.2) (7.8) (13.3) (5.8) (8.5) (15.2) (5.3) (7.3) (11.4) (6.9) (11.8) (7.4) (8.0) (11.0) (16.5) (8.9)
Free Cash Flow 62.8 357.8 137.9 416.9 239.1 353.2 169.3 282.9 158.3 296.9 112.4 218.5 120.2 309.3 113.9 201 184.6 155.6 65.8 183.1 141.3 1,031.1 (90.8) 318.4 152.7 229.5 69.7 186.3 112.2 218.1 (56.4) 180.5 156.2 182.2 1.8 178 (25.1) 44.0 43.5 1.0 88.5