CDLR - Cadeler A/S
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$37.00
DETAILS
HIGH:
$37.00
LOW:
$37.00
MEDIAN:
$37.00
CONSENSUS:
$37.00
UPSIDE:
47.35%
| Metric | 2026 Q2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||
| Revenue | 287.5 | 124.7 | 166.0 | 154.2 | 233.1 | 65.5 | 86.0 | 80.6 | 63.2 | 19.1 | 17.4 | 23.4 | 48.9 | 18.9 | 31.7 | 31.7 | 21.5 | 21.5 | 14.3 | 14.3 | 16.1 | 16.1 | 5.2 | 5.2 | 4.6 | 4.6 | 5.7 | 5.7 | 13.5 | 13.5 |
| Cost of Revenue | 151.0 | 98.0 | 77.2 | 58.6 | 55.7 | 44.6 | 36.8 | 33.1 | 30.4 | 27.0 | 14.9 | 15.8 | 13.1 | 12.2 | 13.5 | 13.5 | 11.7 | 11.7 | 10.0 | 10.0 | 9.5 | 9.5 | 11.2 | 11.2 | 11.7 | 11.7 | 10.7 | 10.7 | 11.7 | 11.7 |
| Gross Profit | 136.5 | 26.8 | 88.8 | 95.7 | 177.4 | 20.9 | 49.2 | 47.5 | 32.7 | (7.9) | 2.5 | 7.6 | 35.8 | 6.8 | 18.2 | 18.2 | 9.8 | 9.8 | 4.3 | 4.3 | 6.6 | 6.6 | (6.1) | (6.1) | (7.1) | (7.1) | (5.0) | (5.0) | 1.8 | 1.8 |
| 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 |
| SG&A Expenses | 21.1 | 19.9 | 0 | 17.6 | 17.0 | 16.2 | 9.8 | 14.9 | 14.1 | 12.8 | 8.9 | 5.7 | 5.8 | 4.7 | 3.4 | 3.4 | 3.5 | 3.5 | 2.4 | 2.4 | 2.7 | 2.7 | 2.6 | 2.6 | 2.0 | 2.0 | 1.7 | 1.7 | 1.8 | 1.8 |
| Other Expenses | 0 | (0.9) | 23.6 | (1.7) | (2.7) | (0.1) | 1.8 | (0.6) | (0.1) | (0.6) | 9.3 | 1.2 | 2.6 | 0 | 0.5 | 0.5 | 0 | 0 | 0.2 | 0.2 | 0.0 | 0.0 | 0.2 | 0.2 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0.1 |
| Operating Expenses | 21.1 | 19.0 | 23.6 | 16.0 | 14.3 | 16.1 | 11.6 | 14.3 | 14.0 | 12.2 | 18.2 | 6.9 | 8.4 | 4.7 | 3.9 | 3.9 | 3.5 | 3.5 | 2.7 | 2.7 | 2.7 | 2.7 | 2.7 | 2.7 | 2.0 | 2.0 | 1.8 | 1.8 | 1.8 | 1.8 |
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | 115.4 | 7.8 | 65.2 | 79.7 | 163.1 | 4.8 | 37.6 | 33.2 | 18.7 | (20.1) | (15.7) | 0.7 | 27.4 | 2.1 | 14.3 | 14.3 | 6.3 | 6.3 | 1.7 | 1.7 | 3.9 | 3.9 | (8.8) | (8.8) | (9.1) | (9.1) | (6.8) | (6.8) | (0.0) | (0.0) |
| Interest Expense | 18.7 | 24.2 | 23.0 | 12.5 | 0 | 2.1 | (1.7) | 3.3 | 1.1 | 1.1 | 2.2 | 0.3 | 0.2 | 0.1 | 0 | 0 | 3.2 | 1.4 | 0 | 0.3 | 3.8 | 1.4 | 2.1 | 1.2 | 2.3 | 1.0 | 2.5 | 1.2 | 2.6 | 1.6 |
| Interest Income | 0 | 9.5 | 3.1 | 0 | 4.5 | 0.3 | 0.2 | (1.7) | 4.5 | 0.4 | 0.7 | 0.3 | 0.4 | 0.0 | 0.8 | 0.8 | 0.5 | 0 | 0.8 | 0 | 1.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||
| EBITDA | 115.4 | 56.4 | 106.1 | 108.5 | 193.8 | 23.9 | 60.0 | 41.4 | 36.2 | (9.7) | 2.8 | 3.4 | 36.1 | 8.0 | 18.6 | 19.0 | 13.3 | 11.5 | 6.0 | 6.0 | 7.7 | 7.8 | (6.9) | (5.0) | (9.1) | (5.2) | (6.8) | (2.8) | (0.0) | 3.8 |
| EBIT | 115.4 | 17.3 | 72.5 | 79.3 | 168.1 | 5.1 | 36.4 | 31.5 | 23.2 | (19.7) | (6.8) | 1.9 | 30.0 | 2.1 | 12.9 | 12.9 | 8.1 | 6.3 | 1.7 | 1.7 | 3.9 | 3.9 | (8.8) | (8.8) | (9.1) | (9.1) | (6.8) | (6.8) | (0.0) | (0.0) |
| Income Before Tax | 95.2 | (6.9) | 49.5 | 66.8 | 168.1 | 3.0 | 38.0 | 28.2 | 22.0 | (20.8) | (18.7) | 0.6 | 27.6 | 1.9 | 12.9 | 12.9 | 4.9 | 4.9 | 1.3 | 1.3 | 2.5 | 2.5 | (3.4) | (3.4) | (10.1) | (10.1) | (8.7) | (8.7) | (2.4) | (2.4) |
| Income Tax Expense | (1.3) | 0.2 | 2.1 | 2.2 | 2.2 | 1.2 | 0.8 | 0.5 | 1.1 | 0.0 | 0 | 0 | 0 | 0 | (0.0) | (0.0) | 0.0 | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0 | 0 | 0.0 | 0.0 | 0.8 | 0.8 |
| Net Income | 96.5 | (7.0) | 47.4 | 64.6 | 165.9 | 1.8 | 37.3 | 27.7 | 20.9 | (20.8) | (18.7) | 0.6 | 27.6 | 1.9 | 12.9 | 12.9 | 4.9 | 4.9 | 1.3 | 1.3 | 2.5 | 2.5 | (3.4) | (3.4) | (10.1) | (10.1) | (8.7) | (8.7) | (3.2) | (3.2) |
| Per Share Data | ||||||||||||||||||||||||||||||
| EPS (Basic) | 1.00 | -0.08 | 0.52 | 0.72 | 1.84 | 0.02 | 0.44 | 0.31 | 0.24 | -0.24 | -0.35 | 0.01 | 0.59 | 0.04 | 0.57 | 0.07 | 0.28 | 0.03 | 0.07 | 0.01 | 0.16 | 0.02 | -0.23 | -0.07 | -2.06 | -12.96 | -1.76 | -11.12 | -4.08 | -4.08 |
| EPS (Diluted) | 1.00 | -0.08 | 0.52 | 0.68 | 1.84 | 0.02 | 0.44 | 0.31 | 0.24 | -0.24 | -0.35 | 0.01 | 0.59 | 0.04 | 0.57 | 0.07 | 0.28 | 0.03 | 0.07 | 0.01 | 0.16 | 0.02 | -0.23 | -0.07 | -2.06 | -12.96 | -1.76 | -11.12 | -4.08 | -4.08 |
| Shares Outstanding | 96.5 | 88.1 | 87.7 | 87.6 | 87.6 | 87.7 | 87.7 | 87.7 | 87.7 | 86.6 | 50.3 | 49.3 | 49.4 | 48.7 | 42.6 | 180.8 | 36.7 | 146.9 | 34.6 | 138.8 | 30.9 | 123.5 | 28.9 | 51.1 | 9.6 | 0.8 | 9.6 | 0.8 | 0.2 | 0.8 |
| Metric | 2026 Q2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 206.2 | 221.3 | 151.6 | 217.8 | 53.0 | 94.1 | 58.5 | 91.9 | 93.0 | 209.1 | 96.6 | 74.7 | 19.1 | 19.0 | 19.0 | 19.0 | 0.1 | 0.1 | 2.3 | 2.3 | 139.3 | 139.3 | 63.6 | 63.6 | 1.6 | 1.6 | 1.2 | 1.2 |
| 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 |
| Net Receivables | 125.0 | 185.4 | 220.9 | 157.0 | 265.8 | 129.9 | 100.6 | 76.9 | 58.0 | 38.1 | 39.4 | 0 | 59.6 | 0 | 38.2 | 37.6 | 14.0 | 14.0 | 20.4 | 19.3 | 15.7 | 15.7 | 7.0 | 7.0 | 10.7 | 10.7 | 14.9 | 14.9 |
| Inventory | 4.2 | 3.8 | 3.5 | 2.9 | 2.3 | 3.6 | 1.0 | 1.4 | 0.9 | 1.9 | 1.8 | 0 | 0.5 | 0 | 0.5 | 0.5 | 0.7 | 0.7 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.5 | 0.5 | 0.3 | 0.3 |
| Other Current Assets | 96.7 | 1.2 | 0.3 | 0.4 | 0.7 | 1.1 | 11.9 | 0 | 2.3 | 0 | 0 | 55.8 | 0 | (19.0) | 0 | 0.6 | 0 | 0 | 0 | 1.1 | 1.0 | 1.0 | 12.5 | 12.5 | 0.0 | 0.0 | 1.5 | 1.5 |
| Total Current Assets | 450.0 | 425.6 | 389.8 | 395.5 | 352.7 | 242.0 | 188.6 | 185.7 | 175.8 | 264.5 | 147.4 | 130.5 | 81.0 | 0 | 59.5 | 59.5 | 15.8 | 15.8 | 24.6 | 24.6 | 156.3 | 156.3 | 83.5 | 83.5 | 12.8 | 12.8 | 18.0 | 18.0 |
| Non-Current Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment | 3,017.8 | 3,029.0 | 2,948.4 | 2,638.7 | 2,395.7 | 2,199.0 | 1,722.6 | 1,623.4 | 1,392.0 | 1,200.1 | 1,086.6 | 0 | 612.1 | 0 | 606.5 | 606.5 | 506.5 | 506.5 | 399.6 | 399.6 | 256.3 | 256.3 | 253.1 | 253.1 | 85.2 | 85.2 | 249.8 | 92.9 |
| Goodwill | 0 | 19.5 | 17.8 | 0 | 0 | 0 | 17.8 | 0 | 0 | 0 | 16.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 19.3 | 0 | 1.7 | 22.7 | 19.1 | 18.6 | 0.4 | 16.7 | 17.4 | 17.2 | 0.2 | 0 | 0.4 | 0 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 6.7 | 2.4 | 1.7 | 0.9 | 3.2 | 6.8 | 0.8 | 3.4 | 1.3 | 0.3 | 0 | 3.5 | 0 | 0 | 3.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 57.0 | 54.7 | 55.2 | (2.5) | 1.1 | 0.9 | 0.8 | 1.0 | 0.8 | 1.1 | 1.2 | 594.4 | 1.2 | 0 | 3.6 | 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 |
| Total Non-Current Assets | 3,094.1 | 3,109.9 | 3,025.4 | 2,660.6 | 2,416.8 | 2,221.7 | 1,748.4 | 1,641.9 | 1,413.7 | 1,219.8 | 1,105.1 | 594.4 | 617.2 | 0 | 610.5 | 610.5 | 507.2 | 507.2 | 400.1 | 400.1 | 256.9 | 256.9 | 253.3 | 253.3 | 85.4 | 85.4 | 250.0 | 93.2 |
| Total Assets | 3,544.1 | 3,535.5 | 3,415.2 | 3,056.1 | 2,769.5 | 2,463.6 | 1,937.0 | 1,827.6 | 1,589.5 | 1,484.3 | 1,252.6 | 724.9 | 698.2 | 0 | 670.0 | 670.0 | 523.0 | 523.0 | 424.8 | 424.8 | 413.2 | 413.2 | 336.8 | 336.8 | 98.2 | 98.2 | 268.0 | 111.2 |
| Current Liabilities | ||||||||||||||||||||||||||||
| Account Payables | 69.4 | 77.0 | 98.2 | 46.5 | 52.2 | 36.3 | 11.6 | 37.7 | 42.3 | 49.1 | 8.4 | 35.8 | 8.3 | 0 | 4.0 | 4.0 | 13.8 | 13.8 | 2.8 | 2.8 | 9.1 | 9.1 | 4.4 | 4.4 | 3.9 | 3.9 | 1.3 | 1.3 |
| Short-Term Debt | 133.4 | 124.5 | 117.1 | 239.4 | 204.8 | 63.7 | 31.2 | 32.6 | 4.3 | 3.3 | 0.8 | 0 | 0.1 | 0 | 0.8 | 0.8 | 42.6 | 42.6 | 28.6 | 28.6 | 14.4 | 16.1 | 9.6 | 9.6 | 25.2 | 25.2 | 10.8 | 10.8 |
| Deferred Revenue | 71.8 | 117.9 | 128.7 | 72.9 | 80.0 | 98.4 | 45.6 | 22.8 | 0 | 16.8 | 12.1 | 0 | 0.5 | 0 | 1.8 | 0 | 0 | 0 | 15.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0.4 | 0.6 | 3.3 | 7.6 | 15.1 | 1.0 | 1.1 | 7.2 | 28.3 | 2.8 | 6.1 | 0 | (0.1) | 0 | 0 | 6.8 | 10.4 | 10.9 | 0 | 22.2 | 11.2 | 9.5 | 6.0 | 6.0 | 2.3 | 2.3 | 3.6 | 3.6 |
| Total Current Liabilities | 277.3 | 326.1 | 350.9 | 371.2 | 357.8 | 203.0 | 123.6 | 102.0 | 76.7 | 74.8 | 53.6 | 35.8 | 9.1 | 0 | 11.8 | 11.8 | 67.6 | 67.6 | 53.9 | 53.9 | 35.0 | 35.0 | 25.6 | 25.6 | 47.2 | 47.2 | 31.2 | 31.2 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | 1,459.6 | 1,457.0 | 1,494.0 | 1,180.8 | 993.6 | 995.5 | 539.9 | 546.8 | 335.0 | 254.6 | 204.8 | 53.9 | 115.4 | 0 | 114.2 | 114.2 | 36.8 | 36.8 | 44.5 | 44.5 | 54.4 | 54.4 | 63.9 | 63.9 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 12.6 | 12.9 | 13.3 | 13.8 | 12.0 | 11.6 | 12.0 | 10.8 | 0 | 10.4 | 10.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 |
| Other Non-Current Liabilities | 5.2 | 2.6 | 10.6 | 13.6 | 16.7 | 14.0 | 16.2 | 18.6 | 16.6 | 13.1 | 22.8 | 0 | 8.0 | (540.6) | 2.1 | 3.4 | 0 | 0.8 | 0 | 1.0 | 0 | 0 | 0 | 5.7 | 0.0 | 4.3 | 0 | 5.1 |
| Total Non-Current Liabilities | 1,493.2 | 1,527.6 | 1,561.3 | 1,238.8 | 1,040.7 | 1,035.1 | 579.5 | 593.2 | 361.5 | 294.3 | 239.9 | 53.9 | 125.2 | (540.6) | 117.7 | 117.7 | 37.7 | 37.7 | 45.7 | 45.7 | 54.7 | 54.7 | 70.1 | 70.1 | 84.4 | 84.4 | 93.0 | 93.0 |
| Total Liabilities | 1,770.5 | 1,853.7 | 1,912.2 | 1,610.1 | 1,398.5 | 1,238.1 | 703.1 | 695.2 | 438.2 | 369.2 | 293.5 | 89.7 | 134.4 | (540.6) | 129.5 | 129.5 | 105.3 | 105.3 | 99.5 | 99.5 | 89.7 | 89.7 | 95.7 | 95.7 | 131.5 | 131.5 | 124.3 | 124.3 |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Common Stock | 51.8 | 51.8 | 47.1 | 47.1 | 47.1 | 47.1 | 47.1 | 47.1 | 47.1 | 47.1 | 41.8 | 635.2 | 26.6 | 0 | 26.6 | 26.6 | 22.2 | 22.2 | 18.6 | 18.6 | 18.6 | 18.6 | 15.6 | 15.6 | 0.1 | 0.1 | 0.1 | 0.1 |
| Retained Earnings | 430.9 | 335.2 | 341.5 | 293.3 | 228.2 | 61.8 | 59.4 | 21.6 | (6.5) | (27.9) | (7.4) | 0 | 30.4 | 0 | 3.1 | 3.1 | (22.8) | (22.8) | (32.8) | (32.8) | (35.3) | (35.3) | (40.2) | (40.2) | (33.5) | (33.5) | (13.2) | (13.2) |
| Accumulated Other Comprehensive Income | 0 | 32.5 | 18.4 | 9.0 | (0.9) | 18.4 | 29.2 | (34.6) | 10.7 | (4.1) | (28.3) | 0 | (5.3) | 540.6 | 1.3 | 1.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 1,773.6 | 1,681.8 | 1,503.0 | 1,446.0 | 1,370.9 | 1,225.5 | 1,233.9 | 1,132.4 | 1,151.3 | 1,115.1 | 959.0 | 635.2 | 563.8 | 540.6 | 540.6 | 540.6 | 417.7 | 417.7 | 325.3 | 325.3 | 323.5 | 323.5 | 241.1 | 241.1 | (33.4) | (33.4) | (13.1) | (13.1) |
| Total Liabilities & Equity | 3,544.1 | 3,535.5 | 3,415.2 | 3,056.1 | 2,769.5 | 2,463.6 | 1,937.0 | 1,827.6 | 1,589.5 | 1,484.3 | 1,252.6 | 724.9 | 698.2 | 0 | 670.0 | 670.0 | 523.0 | 523.0 | 424.8 | 424.8 | 413.2 | 413.2 | 336.8 | 336.8 | 98.2 | 98.2 | 268.0 | 111.2 |
| Debt Metrics | ||||||||||||||||||||||||||||
| Total Debt | 1,600.3 | 1,594.6 | 1,623.6 | 1,433.0 | 1,210.2 | 1,070.1 | 582.0 | 590.1 | 350.5 | 269.1 | 206.6 | 53.9 | 115.5 | 0 | 115.3 | 115.3 | 79.8 | 79.8 | 73.6 | 73.6 | 69.5 | 71.1 | 74.3 | 74.3 | 121.0 | 121.0 | 114.3 | 114.3 |
| Net Debt | 1,394.2 | 1,373.3 | 1,472.0 | 1,215.3 | 1,157.2 | 976.0 | 523.5 | 498.2 | 257.4 | 60.0 | 110.0 | (20.9) | 96.4 | (19.0) | 96.3 | 96.3 | 79.7 | 79.7 | 71.3 | 71.3 | (69.9) | (68.2) | 10.7 | 10.7 | 119.5 | 119.5 | 113.1 | 113.1 |
| Metric | 2026 Q2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | 96.5 | (7.0) | 47.4 | 64.6 | 165.9 | 1.8 | 37.3 | 27.7 | 20.9 | (20.8) | (18.7) | 0.6 | 27.6 | 1.9 | 12.9 | 12.9 | 4.9 | 4.9 | 1.3 | 1.3 | 2.5 | 2.5 | (3.4) | (3.4) | (10.1) | (10.1) | (8.7) | (8.7) | (3.2) | (3.2) |
| Depreciation & Amortization | 0 | 39.1 | 33.6 | 29.1 | 25.7 | 18.8 | 23.6 | 9.9 | 13.0 | 10.0 | 9.5 | 1.5 | 6.1 | 6.0 | 12.1 | 6.1 | 5.2 | 5.2 | 4.4 | 4.4 | 3.9 | 3.9 | 7.7 | 3.8 | 7.9 | 3.9 | 7.9 | 3.9 | 3.9 | 3.9 |
| Stock-Based Compensation | 0 | 0.7 | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.4 | 0.3 | 0.2 | 0.7 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | (0.4) | (0.4) | 0.2 | 0.2 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (123.1) | (2.0) | 10.4 | 120.3 | (141.5) | (4.1) | (12.2) | (9.6) | (32.3) | 21.7 | 13.9 | 30.2 | (20.6) | (3.4) | (12.6) | (12.6) | 6.0 | 3.5 | (3.5) | (3.5) | (0.4) | (0.4) | (1.6) | (1.6) | 2.8 | 2.8 | (3.9) | (3.9) | 2.5 | 2.5 |
| Other Non-Cash Items | 46.0 | 11.3 | (6.6) | (0.6) | (1.7) | 2.0 | (0.4) | (1.5) | 2.1 | 1.9 | 5.6 | 1.5 | 0.3 | 0.1 | (12.6) | (6.6) | 9.7 | 0.9 | 4.7 | 4.7 | 2.5 | 2.5 | (5.5) | (1.7) | (2.6) | 1.4 | 0.3 | 4.3 | 0.3 | 0.3 |
| Operating Cash Flow | 19.3 | 42.2 | 84.2 | 214.0 | 51.1 | 20.4 | 48.3 | 27.5 | 4.2 | 13.1 | 10.5 | 34.5 | 13.6 | 4.7 | (0.1) | (0.1) | 25.8 | 14.6 | 11.3 | 6.4 | 8.7 | 8.7 | (2.8) | (2.8) | (2.0) | (2.0) | (4.4) | (4.4) | 3.4 | 3.4 |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditure | (42.4) | (91.2) | (299.4) | (258.2) | (206.5) | (466.7) | (66.7) | (253.1) | (194.3) | (101.9) | (41.7) | (10.6) | (6.6) | (8.0) | (108.6) | (53.6) | (113.4) | (58.7) | (154.5) | (75.8) | (11.3) | (5.7) | (261.1) | (128.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| 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 |
| Other Investing Activities | (1.4) | 0.3 | 0.0 | (0.3) | (0.5) | (14.6) | (0.3) | (0.1) | 0.2 | 0 | 10.4 | 2.8 | (1.0) | 0 | 0 | (0.3) | 0 | (0.1) | 0 | (0.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (43.8) | (90.7) | (325.6) | (258.2) | (206.5) | (480.9) | (66.7) | (253.1) | (194.1) | (101.9) | (31.3) | (7.8) | (7.6) | (8.0) | (108.6) | (54.0) | (113.4) | (58.7) | (154.5) | (76.0) | (5.7) | (5.7) | (261.1) | (128.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Financing Activities | ||||||||||||||||||||||||||||||
| Net Debt Issuance | 9.8 | (31.2) | 183.2 | 221.4 | 132.8 | 486.5 | (11.6) | 237.6 | 77.8 | 49.7 | 84.6 | (0.3) | 0.1 | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | (0.5) | 0 | (0.0) | (0.1) | (1.7) | 0 | (0.0) | 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 |
| Other Financing Activities | (0.5) | (24.2) | (0.4) | (12.5) | (16.8) | (4.4) | (9.5) | (8.2) | (4.2) | (3.8) | (5.3) | (6.0) | (1.4) | (1.4) | 129.9 | 63.5 | 85.4 | 43.0 | 1.1 | 1.1 | 71.7 | 34.9 | 331.9 | 161.8 | 6.7 | 2.2 | 11.3 | 4.4 | (3.4) | (3.0) |
| Financing Cash Flow | 8.6 | 118.8 | 182.9 | 208.9 | 114.3 | 482.0 | (20.5) | 228.1 | 73.7 | 200.7 | 79.3 | (6.3) | (1.3) | (1.5) | 129.9 | 63.5 | 85.4 | 43.0 | 1.1 | 1.1 | 71.7 | 34.9 | 331.9 | 161.8 | 6.7 | 2.2 | 11.3 | 4.4 | (3.4) | (3.0) |
| Cash Position | ||||||||||||||||||||||||||||||
| Net Change in Cash | (16.8) | 69.6 | (66.2) | 164.7 | (41.1) | 21.6 | (33.4) | (1.2) | (116.1) | 112.5 | 57.2 | 20.4 | 4.8 | (4.7) | 19.1 | (0.1) | (2.1) | (2.3) | (140.1) | (139.3) | 74.0 | 0 | 61.8 | (1.6) | 0.4 | 0 | 0.0 | (1.2) | 0.8 | 0 |
| Cash at Beginning | 222.9 | 151.7 | 217.8 | 53.0 | 94.1 | 58.5 | 91.9 | 93.0 | 209.1 | 96.6 | 39.4 | 19.1 | 14.3 | 19.0 | 0.1 | 0.1 | 2.2 | 2.3 | 142.4 | 139.3 | 65.3 | 63.4 | 1.6 | 1.6 | 1.1 | 1.2 | 1.2 | 1.2 | 0.4 | 0 |
| Cash at End | 206.1 | 221.3 | 151.6 | 217.8 | 53.0 | 80.0 | 58.5 | 91.9 | 93.0 | 209.1 | 96.6 | 39.4 | 19.1 | 14.3 | 19.2 | 0.1 | 0.1 | 2.2 | 2.3 | 142.4 | 139.3 | 65.3 | 63.4 | 1.6 | 1.6 | 1.1 | 1.2 | 1.2 | 1.2 | 0.4 |
| Free Cash Flow | (23.1) | (49.0) | (215.2) | (44.1) | (155.4) | (446.3) | (18.4) | (225.6) | (190.1) | (88.7) | (31.2) | 23.9 | 7.0 | (3.2) | (111.4) | (53.7) | (87.6) | (44.1) | (143.2) | (69.4) | 3.7 | 3.0 | (268.6) | (130.8) | (6.4) | (2.1) | (11.3) | (4.4) | 4.2 | 3.4 |
| Key Metrics | 2026 Q2 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||
| Revenue | 287.5 | 124.7 | 166.0 | 154.2 | 233.1 | 65.5 | 86.0 | 80.6 | 63.2 | 19.1 | 17.4 | 23.4 | 48.9 | 18.9 | 31.7 | 31.7 | 21.5 | 21.5 | 14.3 | 14.3 | 16.1 | 16.1 | 5.2 | 5.2 | 4.6 | 4.6 | 5.7 | 5.7 | 13.5 | 13.5 |
| Gross Profit | 136.5 | 26.8 | 88.8 | 95.7 | 177.4 | 20.9 | 49.2 | 47.5 | 32.7 | (7.9) | 2.5 | 7.6 | 35.8 | 6.8 | 18.2 | 18.2 | 9.8 | 9.8 | 4.3 | 4.3 | 6.6 | 6.6 | (6.1) | (6.1) | (7.1) | (7.1) | (5.0) | (5.0) | 1.8 | 1.8 |
| Operating Income | 115.4 | 7.8 | 65.2 | 79.7 | 163.1 | 4.8 | 37.6 | 33.2 | 18.7 | (20.1) | (15.7) | 0.7 | 27.4 | 2.1 | 14.3 | 14.3 | 6.3 | 6.3 | 1.7 | 1.7 | 3.9 | 3.9 | (8.8) | (8.8) | (9.1) | (9.1) | (6.8) | (6.8) | (0.0) | (0.0) |
| Net Income | 96.5 | (7.0) | 47.4 | 64.6 | 165.9 | 1.8 | 37.3 | 27.7 | 20.9 | (20.8) | (18.7) | 0.6 | 27.6 | 1.9 | 12.9 | 12.9 | 4.9 | 4.9 | 1.3 | 1.3 | 2.5 | 2.5 | (3.4) | (3.4) | (10.1) | (10.1) | (8.7) | (8.7) | (3.2) | (3.2) |
| EPS (Diluted) | 1.00 | -0.08 | 0.52 | 0.68 | 1.84 | 0.02 | 0.44 | 0.31 | 0.24 | -0.24 | -0.35 | 0.01 | 0.59 | 0.04 | 0.57 | 0.07 | 0.28 | 0.03 | 0.07 | 0.01 | 0.16 | 0.02 | -0.23 | -0.07 | -2.06 | -12.96 | -1.76 | -11.12 | -4.08 | -4.08 |
| Balance Sheet | ||||||||||||||||||||||||||||||
| Cash & Equivalents | 206.2 | 221.3 | 151.6 | 217.8 | 53.0 | 94.1 | 58.5 | 91.9 | 93.0 | 209.1 | 96.6 | 74.7 | 19.1 | 19.0 | 19.0 | 19.0 | 0.1 | 0.1 | 2.3 | 2.3 | 139.3 | 139.3 | 63.6 | 63.6 | 1.6 | 1.6 | 1.2 | 1.2 | ||
| Total Assets | 3,544.1 | 3,535.5 | 3,415.2 | 3,056.1 | 2,769.5 | 2,463.6 | 1,937.0 | 1,827.6 | 1,589.5 | 1,484.3 | 1,252.6 | 724.9 | 698.2 | 0 | 670.0 | 670.0 | 523.0 | 523.0 | 424.8 | 424.8 | 413.2 | 413.2 | 336.8 | 336.8 | 98.2 | 98.2 | 268.0 | 111.2 | ||
| Total Debt | 1,600.3 | 1,594.6 | 1,623.6 | 1,433.0 | 1,210.2 | 1,070.1 | 582.0 | 590.1 | 350.5 | 269.1 | 206.6 | 53.9 | 115.5 | 0 | 115.3 | 115.3 | 79.8 | 79.8 | 73.6 | 73.6 | 69.5 | 71.1 | 74.3 | 74.3 | 121.0 | 121.0 | 114.3 | 114.3 | ||
| Stockholders' Equity | 1,773.6 | 1,681.8 | 1,503.0 | 1,446.0 | 1,370.9 | 1,225.5 | 1,233.9 | 1,132.4 | 1,151.3 | 1,115.1 | 959.0 | 635.2 | 563.8 | 540.6 | 540.6 | 540.6 | 417.7 | 417.7 | 325.3 | 325.3 | 323.5 | 323.5 | 241.1 | 241.1 | (33.4) | (33.4) | (13.1) | (13.1) | ||
| Cash Flow | ||||||||||||||||||||||||||||||
| Operating Cash Flow | 19.3 | 42.2 | 84.2 | 214.0 | 51.1 | 20.4 | 48.3 | 27.5 | 4.2 | 13.1 | 10.5 | 34.5 | 13.6 | 4.7 | (0.1) | (0.1) | 25.8 | 14.6 | 11.3 | 6.4 | 8.7 | 8.7 | (2.8) | (2.8) | (2.0) | (2.0) | (4.4) | (4.4) | 3.4 | 3.4 |
| Capital Expenditure | (42.4) | (91.2) | (299.4) | (258.2) | (206.5) | (466.7) | (66.7) | (253.1) | (194.3) | (101.9) | (41.7) | (10.6) | (6.6) | (8.0) | (108.6) | (53.6) | (113.4) | (58.7) | (154.5) | (75.8) | (11.3) | (5.7) | (261.1) | (128.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Free Cash Flow | (23.1) | (49.0) | (215.2) | (44.1) | (155.4) | (446.3) | (18.4) | (225.6) | (190.1) | (88.7) | (31.2) | 23.9 | 7.0 | (3.2) | (111.4) | (53.7) | (87.6) | (44.1) | (143.2) | (69.4) | 3.7 | 3.0 | (268.6) | (130.8) | (6.4) | (2.1) | (11.3) | (4.4) | 4.2 | 3.4 |