The Carlyle Group Inc. logo CG - The Carlyle Group Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 14
HOLD 10
SELL 1
STRONG
SELL
0
| PRICE TARGET: $62.86 DETAILS
HIGH: $74.00
LOW: $45.00
MEDIAN: $65.00
CONSENSUS: $62.86
UPSIDE: 38.37%
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
Revenue
Revenue 189.6 1,842.9 780.5 1,176.1 807.8 927 1,486.7 920.4 754.2 (220.9) 761.2 569.9 756.9 750.2 894.7 818.5 1,213.9 1,386.8 1,144.2 1,709.7 1,582.9 1,096.9 807.9 645.7 (416.3) 398.2 674.1 956.7 887.4 293.9 530.2 684.5 546.8 743.3 520.9 692 820.1 509.7 501.2 518.2 405.2 549 339.1 1,146 1,325.6 543.3 816.4 1,293.6 1,241.1 1,338.4 647.2 915.8 1,052.8 198.6 935.9 514.9 1,699 998.2 (59.6) 755.8 1,317.3 1,542.1 494.3
Cost of Revenue (169.7) 837.6 207.1 198.8 141.3 155.7 192.3 182.5 155.4 152.8 133.9 132.8 123.4 102.9 81 67.5 70.6 81.9 72.5 72 65.4 62.6 60.2 65.2 69.5 55 54.1 47 57.8 62.5 66.8 63.7 53.8 53.8 118.6 113.4 179.8 105.9 130 99.4 62.1 282.2 338.2 299.1 322.4 346 292.8 308.8 325.4 267.1 228.9 213.3 260.6 194 393.6 178.5 195.2 1,060.9 13.8 142.7 175.2 167.1 108.1
Gross Profit 359.3 1,005.3 573.4 977.3 666.5 771.3 1,294.4 737.9 598.8 (373.7) 627.3 437.1 633.5 647.3 813.7 751 1,143.3 1,304.9 1,071.7 1,637.7 1,517.5 1,034.3 747.7 580.5 (485.8) 343.2 620 909.7 829.6 231.4 463.4 620.8 493 689.5 402.3 578.6 640.3 403.8 371.2 418.8 343.1 266.8 0.9 846.9 1,003.2 197.3 523.6 984.8 915.7 1,071.3 418.3 702.5 792.2 4.6 464.9 69.9 915.7 (62.7) (73.4) 613.1 1,142.1 1,375 386.2
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
SG&A Expenses 0 0 180.7 205.5 173.6 153.4 176.6 187.9 147.7 181.4 143 168.5 159.2 188.6 149.2 131.7 106.3 131.3 99.6 109.1 91.7 108.4 91.1 80.2 69.6 149.5 121.7 110.7 112.5 72.7 166.2 126.8 95 105.9 (18.7) 95.8 93.8 158.5 188.9 91.4 82.3 173.6 289.6 132.8 116.8 156.4 117.4 118.7 134.3 128.3 136.4 120.3 111.4 89.4 92.9 84 91.2 30.6 80.4 77.8 66.5 71.8 28.3
Other Expenses 499.7 505.3 306.9 331.2 321.9 352.5 329 331.2 330.4 287.6 332.1 338.6 314.7 287.2 305.9 319.6 294.3 264.4 270.8 275.9 261.5 228.8 241.5 243.5 233.6 234 236.9 257 246.8 237.4 236.6 241.2 272.5 188.6 255.1 239.1 218.8 233.4 232 259.6 245.5 251.3 240.4 240 271.1 238 230.8 324.9 309 228.7 290.5 296.3 228.4 (230.3) 285.5 452.2 584 (472.9) 114.8 120.1 15.4 291.3 51.9
Operating Expenses 499.7 505.3 487.6 536.7 495.5 505.9 505.6 519.1 478.1 469 475.1 507.1 473.9 475.8 455.1 451.3 400.6 395.7 370.4 385 353.2 337.2 332.6 323.7 303.2 383.5 358.6 367.7 359.3 310.1 402.8 368 367.5 294.5 236.4 334.9 312.6 391.9 420.9 351 327.8 424.9 530 372.8 387.9 394.4 348.2 443.6 443.3 357 426.9 416.6 339.8 (140.9) 378.4 536.2 675.2 (442.3) 195.2 197.9 81.9 363.1 80.2
Operating Income
Operating Income (140.4) 500 85.8 440.6 171 265.4 788.8 218.8 120.7 (842.7) 152.2 (70) 159.6 171.5 358.6 299.7 742.7 909.2 701.3 1,252.7 1,164.3 697.1 415.1 256.8 (789) (40.3) 261.4 542 470.3 (78.7) 60.6 252.8 125.5 395 165.9 243.7 327.7 11.9 (49.7) 67.8 15.3 (158.1) (529.1) 474.1 615.3 (197.1) 175.4 541.2 472.4 714.3 (8.6) 285.9 452.4 145.5 163.9 (199.8) 828.6 379.6 (268.6) 415.2 1,060.2 1,011.9 306
Interest Expense 38.6 38.3 207.1 198.8 141.3 155.7 192.3 182.5 155.4 152.8 133.9 132.8 123.4 102.9 81 67.5 70.6 81.9 72.5 72 65.4 62.6 60.2 65.2 69.5 55 54.1 47 57.8 62.5 66.8 63.7 53.8 53.8 118.6 113.4 179.8 105.9 130 99.4 62.1 282.2 338.2 299.1 322.4 346 292.8 308.8 325.4 267.1 228.9 213.3 260.6 194 208.1 185.7 194.9 184.7 114.8 120.1 103.6 74.8 51.9
Interest Income (381.7) 1,238.9 200.5 197.5 173.6 184 210.2 201.4 200.2 205.3 193.1 172.3 153.8 137.5 108 90.4 82.3 73.4 78.8 77.6 77.3 72.2 77.6 71 80.4 73.6 74.6 71.8 74.6 85 82.3 80 68.5 64.4 51.7 47.4 50.9 47.7 45.3 38.9 32.4 221.1 224 232.2 214.4 215.9 226.1 218.5 225 201.8 228.1 225.8 233 198.6 0 0 0 0 0 0 0 0 0
Profitability
EBITDA (124.5) 514.6 134.3 488.3 217.9 312.5 835 264.3 166 (799.1) 201.1 (25.9) 203.6 216.2 401.4 340.2 762.1 920.7 715 1,266.1 1,177.7 710.3 428 270.2 (776.4) (19.6) 277.5 556 485.1 (66.1) 73 264 136.2 405.4 176.7 253.8 337.7 31.3 (31.3) 84.2 33.1 (117) (315.4) 502.2 655.2 (130.4) 212.2 572.1 530.1 746.8 46.1 318.8 495.9 179.2 0 0 0 0 0 0 0 0 0
EBIT (140.4) 500.1 85.8 440.6 171 265.4 788.8 218.8 120.7 (842.7) 152.2 (70) 159.6 171.5 358.6 299.7 742.7 909.2 701.3 1,252.7 1,164.3 697.1 415.1 256.8 (789) (40.3) 261.4 542 470.3 (78.7) 60.6 252.8 125.5 395 165.9 243.7 327.7 11.9 (49.7) 67.8 15.3 (158.1) (529.1) 474.1 615.3 (197.1) 175.4 541.2 472.4 714.3 (8.6) 285.9 452.4 145.5 (25.9) (24) (24.2) (21.5) (24.4) (19) (18.2) (6.9) (6.6)
Income Before Tax (179) 461.8 85.8 440.6 171 265.4 788.8 218.8 120.7 (842.7) 152.2 (70) 159.6 171.5 358.6 299.7 742.7 909.2 701.3 1,252.7 1,164.3 697.1 415.1 256.8 (789) (40.3) 261.4 542 470.3 (78.7) 60.6 252.8 125.5 395 165.9 243.7 327.7 11.9 (49.7) 67.8 15.3 (158.1) (529.1) 474.1 615.3 (197.1) 175.4 541.2 472.4 714.3 (8.6) 285.9 452.4 145.5 602.5 186.1 1,505.8 504.8 (619.2) 317.3 772.3 592.8 165.1
Income Tax Expense (37.1) 116.3 (26.7) 112.5 12.4 38.1 173.1 69.5 21.9 (172.4) 41.2 (7.3) 34.3 12.9 76.2 50.8 147.9 248.8 153.9 306.2 273.4 142.5 82.4 52.3 (80) 0.1 9.4 15.5 24 (5.5) 17.4 11.6 7.8 107.2 (1.3) 13.2 5.8 (2.7) 1 24.3 7.4 (10.3) (4.1) 6 10.5 12.9 (5.9) 53.8 16 36.8 17.9 16.6 24.9 12.6 5.5 10.6 11.7 25.1 12.9 6.7 6.1 5.8 7.1
Net Income (132.2) 358.1 0.9 319.7 130 210.9 595.7 148.2 65.6 (692) 81.3 (98.4) 100.7 127.2 280.8 245.4 571.6 647.6 532.8 925 869.3 518.8 295.5 145.9 (612) (8.3) 92.2 154.1 142.9 (10.1) 17.5 69.4 39.7 58.9 44.6 57.6 83 (8.9) 0.8 6.1 8.4 (4.6) (83.9) 30.6 39.5 16.3 25.4 19.5 24.6 71.3 2.3 (3.3) 33.8 12 18.6 (10.3) 629.2 (866.6) (349.8) 371.7 896.2 2,480.1 266.8
Per Share Data
EPS (Basic) -0.37 1.00 0.00 0.89 0.36 0.59 1.67 0.41 0.18 -1.92 0.23 -0.27 0.28 0.35 0.77 0.68 1.60 1.86 1.50 2.61 2.45 1.48 0.84 0.42 -1.76 -0.07 0.60 1.34 1.25 -0.15 0.11 0.62 0.34 0.53 0.47 0.65 0.97 -0.11 0.01 0.07 0.10 -0.05 -1.12 0.42 0.58 0.25 0.38 0.30 0.46 1.45 0.04 -0.07 0.78 0.28 0.43 -0.26 2.07 5.23 -11.47 12.19 29.38 8.14 0.88
EPS (Diluted) -0.37 0.96 0.00 0.87 0.35 0.57 1.63 0.40 0.18 -1.92 0.22 -0.27 0.28 0.35 0.77 0.67 1.57 1.81 1.46 2.55 2.41 1.48 0.82 0.41 -1.76 -0.02 0.55 1.23 1.18 -0.15 0.10 0.56 0.30 0.49 0.43 0.59 0.90 -0.16 -0.02 0.07 0.01 -0.02 -0.28 0.34 0.13 0.06 0.09 0.07 0.08 1.17 0.01 -0.01 0.12 0.04 0.06 -0.04 2.07 5.23 -1.15 11.16 26.90 8.14 0.88
Shares Outstanding 359.2 358.8 360.1 360.4 359.5 357.4 356.7 358.3 364.4 360.8 360.6 361.3 362.9 362.1 362.9 361.4 357.6 355.6 356.0 354.5 354.2 359.6 351.6 348.6 347.7 117.6 114.9 110.4 109.2 107.9 105.6 102.5 100.7 119.9 95.2 88.8 85.3 84.7 83.6 87.1 80.9 79.6 78.8 72.3 67.7 64.6 66.5 65.1 52.5 48.4 50.9 45.1 43.3 43.3 43.2 40.2 304.5 304.5 304.5 304.5 304.5 304.5 304.5
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
Current Assets
Cash & Cash Equivalents 2,754.2 3,205.3 3,259 1,738.9 1,761.2 2,096.4 1,865.3 1,962.3 1,702.5 1,786.3 1,620 1,406.7 1,238.9 1,569.7 1,539.1 1,539.6 1,459.1 2,617.3 2,533.8 1,773.7 1,055 1,136.2 1,316.2 652.5 1,178.8 915.8 1,613.9 883.5 936.9 877.1 1,480 1,272.1 1,424.1 1,377.7 1,551.1 1,206 1,185.7 1,432.4 1,217.4 1,212.5 1,051.5
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,125.8 0 1,000.6 1,043.3 1,018.5 1,042.7 975.5 943.8 828.2 832.6 820 722.5 599.9 681.3 595 610.6 506.3 518.4 467.1 465 415.5 361.6 347.5 418.3 316.8 348.3 316.2 395 346.2 576.5 454.4 420.7 454.5 314.2 333.1 420.4 368 356.1 339.8 351.8 319.8
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
Other Current 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 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 3,880 3,205.3 4,259.6 2,782.2 2,779.7 3,139.1 2,840.8 2,906.1 2,530.7 2,618.9 2,440 2,255.4 1,949.9 2,329.4 2,203.5 2,215.6 2,066.7 3,197.4 3,073.3 2,315.6 1,522.3 1,549.5 1,717.2 1,127.5 1,550 1,318.1 1,983.9 1,341.1 1,340.5 1,502.9 1,997.2 1,751.3 1,939.8 1,746 1,942.7 1,676.7 1,600.2 1,827.9 1,597.1 1,611.7 1,421
Non-Current Assets
Property, Plant & Equipment 567.8 556.8 539.7 542.8 544.3 526.7 527.7 521.5 512.1 493.7 492.2 498.4 473.3 476.9 467.9 479 496 505 503.6 478.6 513.6 510.3 321.6 311.9 314.8 312 323.6 337.4 347.2 95.1 93.4 95.9 97.8 100.4 100.1 98.8 92.8 106.3 101.6 104.3 107.9
Goodwill 0 104.6 104.6 104.5 103.9 103.6 104.1 103.9 103.9 104 103.8 104 104 103.9 103 12.7 13.1 13.3 0 0 0 16.8 0 0 0 16.1 0 0 0 15.3 0 0 0 11.1 11 10.7 10.2 10.1 38.5 38.4 38.7
Intangible Assets 473.6 402.5 435.4 469.1 499.3 530.5 566.5 596.3 628.9 662.1 692.2 731.3 762.4 793.9 822.1 771.7 807 21.6 36.9 38.9 45 31.9 51.9 55.1 58.3 46.2 65.7 70.3 74 62 27.2 29.9 34 24.8 27 28.8 29.9 31.9 68.1 78.8 88.4
Long-Term Investments 24,792.1 2,879.5 2,942.5 3,001.6 3,153.2 3,292.3 3,234.2 3,173.7 3,145.4 3,024.1 2,951 2,906.7 2,813.6 2,902 2,883.8 0 0 2,128.6 0 0 0 1,810.8 0 1,640.3 0 2,443.6 2,532.4 2,311.4 2,050.9 1,765.8 1,402.1 1,300.3 1,205.7 1,218.4 1,157.7 0 0 950.9 0 0 0
Other Non-Current Assets 98.4 21,935.1 18,745.8 18,141.9 16,992.9 15,483.7 15,362.6 14,934.4 13,876.3 14,256.7 14,264.6 14,871 15,156.6 14,781.1 14,594.2 17,929.4 18,336.2 15,370 17,155.1 16,796.7 14,875.9 11,629 11,899.4 8,921.4 9,857 9,402.7 8,836.7 9,169.6 8,250.1 9,278.7 9,727 9,940.8 9,486.3 9,009.5 8,184.6 8,788.1 8,400.4 6,802.4 7,461.1 7,523.3 6,884.3
Total Non-Current Assets 25,962 25,910.7 22,796.3 22,285.6 21,315.8 19,964.4 19,817.6 19,378 18,318.8 18,557.1 18,517.3 19,125.6 19,324 19,073.6 18,888.9 19,209.3 19,669.7 18,053 17,715.4 17,333.6 15,453 14,095.3 12,485 11,195.2 10,534.6 12,490.7 11,944.1 12,059.7 10,902.3 11,411.3 11,436.5 11,543.1 11,002 10,534.6 9,743.9 9,179.7 8,775 8,145.1 7,906.5 7,974.7 7,354.9
Total Assets 29,842 29,116 27,055.9 25,067.8 24,095.5 23,103.5 22,658.4 22,284.1 20,849.5 21,176 20,957.3 21,381 21,273.9 21,403 21,092.4 21,424.9 21,736.4 21,250.4 20,788.7 19,649.2 16,975.3 15,644.8 14,202.2 12,322.7 12,084.6 13,808.8 13,928 13,400.8 12,242.8 12,914.2 13,433.7 13,294.4 12,941.8 12,280.6 11,686.6 10,856.4 10,375.2 9,973 9,503.6 9,586.4 8,775.9
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 263.5 327.5 304.8 369.2 379.4 315 365.4 379.7 374.5 309.8 215.5 286.3 311.8 316.6 301.6 354.9 334.4 337.5 308.3 442.2 475.7 365.7 318.9 355.1 308.9 14 13.1 14.6 14.9 13.3 12
Short-Term Debt 387.3 0 0 0 0 0 0 279.3 334.1 459 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 358.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Liabilities (387.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 358.2 203.9 214.8 198.9 292.8 241.9 219.8 279.3 334.1 459 263.5 327.5 304.8 369.2 379.4 315 365.4 379.7 374.5 309.8 215.5 286.3 311.8 316.6 301.6 354.9 334.4 337.5 308.3 442.2 475.7 365.7 318.9 355.1 308.9 14 13.1 14.6 14.9 13.3 12
Non-Current Liabilities
Long-Term Debt 13,822.4 13,893.2 12,663.3 10,705.1 10,458.9 9,496.3 9,247 9,789.8 8,510.2 8,375.4 9,190.7 9,283.1 8,856.4 8,679.8 8,251.8 8,507.6 8,495.4 8,499.4 8,868.2 8,214.4 7,920 8,047.4 7,515.8 6,728.1 6,658.4 6,971.2 6,486.1 6,346.5 5,607.7 6,390.5 6,333 6,427 6,158.4 5,877.4 5,310.4 5,230.9 4,997 5,210.9 4,638.1 4,661.6 3,808
Deferred Tax Liabilities 55.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 7,436.9 7,961.8 7,332.7 7,446.2 6,958.6 7,017.7 6,856.2 6,012.7 5,812.5 6,135.9 4,998.3 5,125.8 5,301.2 5,532.7 5,806.3 6,170 6,521.3 6,665.1 6,513 6,503 5,127.6 4,380.9 3,944.4 3,135.3 3,055.5 3,513.1 3,812 3,098.5 3,191 3,245.2 3,545.8 3,378.4 3,421.5 3,099.1 3,295.5 3,489.7 3,587.1 3,293.5 3,272.4 3,130.8 3,229.8
Total Non-Current Liabilities 22,109.2 21,855 19,996 18,151.3 17,417.5 16,514 16,103.2 16,275.4 14,775.4 14,932.5 14,189 14,408.9 14,157.6 14,212.5 14,058.1 14,677.6 15,016.7 15,164.5 15,381.2 14,717.4 13,047.6 12,428.3 11,460.2 9,863.4 9,713.9 10,484.3 10,298.1 9,445 8,798.7 9,635.7 9,878.8 9,805.4 9,579.9 8,976.5 8,605.9 8,720.6 8,584.1 8,504.4 7,910.5 7,792.4 7,037.8
Total Liabilities 22,467.4 22,058.9 20,210.8 18,350.2 17,710.3 16,755.9 16,323 16,554.7 15,109.5 15,391.5 14,452.5 14,736.4 14,462.4 14,581.7 14,437.5 14,992.6 15,382.1 15,544.2 15,755.7 15,027.2 13,263.1 12,714.6 11,772 10,180 10,015.5 10,839.2 10,632.5 9,782.5 9,107 10,077.9 10,354.5 10,171.1 9,898.8 9,331.6 8,914.8 8,734.6 8,597.2 8,519 7,925.4 7,805.7 7,049.8
Stockholders' Equity
Common Stock 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.5 3.5 3.5 3.5 3.5 3.5 703.8 976.5 921.2 779.2 673.4 741 738.4 729.8 701.8 660.4 603 498.5 403.1 438.7 476.8 488.3
Retained Earnings 1,172.7 1,642.3 1,617.8 1,950 1,864.8 2,040.8 2,034.5 1,707.7 1,868.2 2,082.1 2,902.6 2,992.9 3,280.9 3,401.1 3,430.8 3,309.9 3,207 2,805.3 2,324.1 1,940.1 1,118.8 348.2 (170.6) (466.1) (612) 0 (89.1) (77.8) (81.5) (83.3) (83.8) (79.6) (67.9) (72.7) (69.4) (92.4) (96.1) (95.2) (86) (89.5) (85.7)
Accumulated Other Comprehensive Income (181.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 5,403.5 5,761.5 5,619.6 5,860.5 5,577.4 5,606.9 5,546.7 5,029.9 5,070.7 5,191.4 5,920.1 5,963.7 6,174.8 6,221 6,117.7 5,986.3 5,910 5,279 4,759.2 4,337 3,462 2,689.2 2,211.5 1,958.3 1,865.4 618.6 887.4 1,230.9 1,085.2 977.6 1,044.7 1,046.3 1,049.4 1,016.6 978.6 510.6 402.4 307.9 352.7 387.3 402.6
Total Liabilities & Equity 29,842 29,116 27,055.9 25,067.8 24,095.5 23,103.5 22,658.4 22,284.1 20,849.5 21,176 20,957.3 21,381 21,273.9 21,403 21,092.4 21,424.9 21,736.4 21,250.4 20,788.7 19,649.2 16,975.3 15,644.8 14,202.2 12,322.7 12,084.6 13,808.8 13,928 13,400.8 12,242.8 12,914.2 13,433.7 13,294.4 12,941.8 12,280.6 11,686.6 10,856.4 10,375.2 9,973 9,503.6 9,586.4 8,775.9
Debt Metrics
Total Debt 14,617.1 13,893.2 12,663.3 10,705.1 10,458.9 9,496.3 9,247 10,542 9,297 9,255.6 9,190.7 9,283.1 8,856.4 8,679.8 8,251.8 8,507.6 8,495.4 8,499.4 8,868.2 8,214.4 7,920 8,047.4 7,515.8 6,728.1 6,658.4 6,971.2 6,486.1 6,346.5 5,607.7 6,390.5 6,333 6,427 6,158.4 5,877.4 5,310.4 5,230.9 4,997 5,210.9 4,638.1 4,661.6 3,808
Net Debt 11,862.9 10,687.9 9,404.3 8,966.2 8,697.7 7,399.9 7,381.7 8,579.7 7,594.5 7,469.3 7,570.7 7,876.4 7,617.5 7,110.1 6,712.7 6,968 7,036.3 5,882.1 6,334.4 6,440.7 6,865 6,911.2 6,199.6 6,075.6 5,479.6 6,055.4 4,872.2 5,463 4,670.8 5,513.4 4,853 5,154.9 4,734.3 4,499.7 3,759.3 4,024.9 3,811.3 3,778.5 3,420.7 3,449.1 2,756.5
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
Operating Activities
Net Income (132.2) 358.1 134.4 306.2 158.6 227.3 595.7 148.2 98.8 (670.3) 111 (62.7) 125.3 127.2 280.8 245.4 594.8 647.6 547.4 946.5 869.3 546.5 332.7 204.5 (709) (40.4) 252 526.5 446.3 (73.2) 43.2 241.2 117.7 287.8 167.2 230.5 322 (8.9) (50.7) 43.5 8.4
Depreciation & Amortization 50.5 49 48.5 47.7 46.9 47.1 46.2 45.5 45.3 43.6 48.9 44.1 44 44.7 42.8 40.5 19.4 11.5 13.7 13.4 13.4 13.2 12.9 13.4 12.6 20.7 16.1 14 14.8 12.6 12.4 11.2 10.7 10.4 10.8 10.1 10 19.4 18.4 16.4 17.8
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 184.4 227.8 551.5 (238.2) 178 (32.6) (82.6) 84.7 (54.1) (252.7) 216.7 (264.5) (232.7) (174.8) 79.8 (231.8) (342.2) 179.2 101.8 683.4 (9.5) 503.2 513.7 (409.6) (60.2) (200.8) 335 (146.9) (68.9) (191.5) 411.1 (127.6) 180 (180.7) 472.2 (358.8) 392 186.7 479.8 196 88.2
Other Non-Cash Items 366.3 (182.6) (3,345) 766.6 (735.6) (594.6) (285) 12.4 (18.9) 1,133.5 423.2 (453.4) (49.1) (117.9) (103.4) (240.9) (643.7) (349.7) 44.2 (1,117.5) (803.7) (1,121.5) (893) 360.7 510.7 (344.9) 51.9 (465.6) (51.2) (186.4) 166.5 (640.4) (331) (696.4) (451.5) (23.6) (209.1) (625.3) 74 (669.6) (94.7)
Operating Cash Flow 469 452.3 (2,610.6) 882.3 (352.1) (352.8) 274.3 290.8 71.1 254.1 799.8 (736.5) (112.5) (120.8) 300 (186.8) (371.7) 488.6 707.1 525.8 69.5 (58.6) (33.7) 169 (245.9) (565.4) 655 (72) 341 (438.5) 633.2 (515.6) (22.6) (578.9) 198.7 (141.8) 514.9 (428.1) 521.5 (413.7) 19.7
Investing Activities
Capital Expenditure (28.1) (42) (23.2) (17.5) (16.7) (26.7) (19.1) (17.7) (14.2) (17) (17.1) (19.6) (12.9) (15.6) (7.6) (5.1) (12.3) (14.4) (9.4) (7.9) (9.7) (23.9) (13.6) (10.5) (13.2) (10.3) 6.2 (16.6) (7.1) (11.2) (7.6) (7.8) (4.7) (8) (9.3) (13) (3.7) (12.1) (4.9) (4.2) (4.2)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (150.2) 0 0 0 3.3 0 0 0 0 0 0 0 0 0 0 (67.8) 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (4,241) (2,862.6) 0 0 (290.9) 0 (1,152.6) (2,437.6) (1,622.4) 0 (42.1) (44.1) (101.1) 0 (69.6) 0 0 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 3,144.5 1,525.6 0 0 155.1 0 1,259.7 1,549.5 1,443.1 57.9 30 102.3 20.1 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
Other Investing Activities 0 0 0 0 135.8 0 0 0 179.3 0 0 0 0 50 0 0 0 0 0 5.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3.5 (4.6) 0.7 5.7
Investing Cash Flow (1,124.6) (1,379) (23.2) (17.5) (16.7) (26.7) 88 (905.8) (14.2) 40.9 (29.2) 38.6 (93.9) 34.4 (227.4) (5.1) (630.7) (14.4) (6.1) (2) (9.7) (23.9) (13.6) (10.5) (13.2) (10.3) 6.2 (16.6) (7.1) (79) (7.6) (7.8) (4.7) (8) (9.3) (13) (3.7) (8.6) (9.5) (3.5) 1.5
Financing Activities
Net Debt Issuance 589.7 1,280.1 3,585.8 (584.9) 559.9 558 (144.8) 1,261.1 31.4 (84.5) (91.7) 804 67.6 185 57.7 427.9 10.1 (289) 248.7 369.8 (43.2) 86.1 497.6 (506.9) 608.2 395.8 314.7 109.9 (168.4) 147.6 (70.1) 506.9 208.3 516.2 73.2 59.2 (271.8) 238.3 (83) 417.8 (1.8)
Stock Repurchased (204.8) (203.7) (202.7) (103.6) (176.5) (75.8) (150.5) (178.3) (150) 0.2 (42.9) (60.5) (100.3) (38.7) (41.6) (24.9) (80.4) (77.3) (59.5) (15) (10) 0 0 0 (26.4) (405.4) (22.5) (1.6) (10.4) (20) (36.5) (51) 0 0 0 0 (0.2) (5.3) (17.4) (30.1) (6.1)
Dividends Paid (126.4) (125.9) (126.5) (126.3) (126.4) (125.2) (125.5) (125.6) (126.7) (126.3) (126.3) (126.7) (118.4) (118.2) (118.3) (117.6) (89.5) (89.1) (89.3) (88.7) (88.7) (88.4) (88.3) (87.2) (87.4) (36.5) (55.8) (27) (53.3) (51.4) (29.2) (33.7) (39.1) (61.1) (40.3) (9) (13.7) (42.4) (53.5) (21.4) (23.6)
Other Financing Activities (54.1) (88.1) 274.3 2.7 39.6 (44.9) (24.5) (79) 28.6 58.4 (94.5) (72.3) 14.6 (2.2) 112.8 (50.2) (36) 50.2 (11.7) (45.2) (9.3) 120.5 2.8 (22.5) (37.8) (480.5) (62.1) (31.8) (19.7) (154.5) (126) (64.9) (114.4) (210.1) 317.8 4.2 (45.7) (102) (129.2) (33.7) (91.3)
Financing Cash Flow 204.4 862.4 3,530.9 (812.1) 296.6 312.1 (445.3) 878.2 (216.7) (152.2) (355.4) 544.5 (136.5) 25.9 13 240.4 (164.5) (400.4) 88.2 220.9 (151.2) 118.2 412.1 (616.6) 456.6 (121.2) 174.3 49.5 (251.8) (78.3) (261.8) 357.3 54.8 244.9 350.7 54.4 (331.4) 88.6 (283.1) 332.6 (122.8)
Cash Position
Net Change in Cash (445) (55) 949.5 77.6 (67.2) (112.4) (97.2) 260.7 (164.2) 169.9 396.5 (151.2) (334.6) (1) 52.7 19 (1,184.3) 69.2 788.7 730.2 (102.6) 50.8 379.8 (449.5) 180.5 (677.8) 822.2 (44.5) 89.8 (601.3) 361.1 (199.5) 49.2 (336.5) 566 (75.3) 190.6 (372.4) 236 (103.9) (80.3)
Cash at Beginning 3,208.7 3,263.7 1,276.9 1,199.3 1,266.5 1,378.9 1,964.6 1,703.9 1,442.1 1,272.2 875.7 1,026.9 1,361.5 1,362.5 1,309.8 1,290.8 2,475.1 2,405.9 1,617.2 887 989.6 938.8 559 1,008.5 828 1,505.8 683.6 728.1 638.3 1,239.6 878.5 1,078 1,028.8 1,355.7 799.3 874.6 684 1,043.3 807.3 911.2 991.5
Cash at End 2,754.2 3,208.7 2,226.4 1,276.9 1,199.3 1,266.5 1,867.4 1,964.6 1,277.9 1,442.1 1,272.2 875.7 1,026.9 1,361.5 1,362.5 1,309.8 1,290.8 2,475.1 2,405.9 1,617.2 887 989.6 938.8 559 1,008.5 828 1,505.8 683.6 728.1 638.3 1,239.6 878.5 1,078 1,000.1 1,365.3 799.3 874.6 670.9 1,043.3 807.3 911.2
Free Cash Flow 440.9 410.3 (2,633.8) 864.8 (368.8) (379.5) 255.2 273.1 56.9 237.1 782.7 (756.1) (125.4) (136.4) 292.4 (191.9) (384) 474.2 697.7 517.9 59.8 (82.5) (47.3) 158.5 (259.1) (575.7) 661.2 (88.6) 333.9 (449.7) 625.6 (523.4) (27.3) (586.9) 189.4 (154.8) 511.2 (440.2) 516.6 (417.9) 15.5
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
Income Statement
Revenue 189.6 1,842.9 780.5 1,176.1 807.8 927 1,486.7 920.4 754.2 (220.9) 761.2 569.9 756.9 750.2 894.7 818.5 1,213.9 1,386.8 1,144.2 1,709.7 1,582.9 1,096.9 807.9 645.7 (416.3) 398.2 674.1 956.7 887.4 293.9 530.2 684.5 546.8 743.3 520.9 692 820.1 509.7 501.2 518.2 405.2 549 339.1 1,146 1,325.6 543.3 816.4 1,293.6 1,241.1 1,338.4 647.2 915.8 1,052.8 198.6 935.9 514.9 1,699 998.2 (59.6) 755.8 1,317.3 1,542.1 494.3
Gross Profit 359.3 1,005.3 573.4 977.3 666.5 771.3 1,294.4 737.9 598.8 (373.7) 627.3 437.1 633.5 647.3 813.7 751 1,143.3 1,304.9 1,071.7 1,637.7 1,517.5 1,034.3 747.7 580.5 (485.8) 343.2 620 909.7 829.6 231.4 463.4 620.8 493 689.5 402.3 578.6 640.3 403.8 371.2 418.8 343.1 266.8 0.9 846.9 1,003.2 197.3 523.6 984.8 915.7 1,071.3 418.3 702.5 792.2 4.6 464.9 69.9 915.7 (62.7) (73.4) 613.1 1,142.1 1,375 386.2
Operating Income (140.4) 500 85.8 440.6 171 265.4 788.8 218.8 120.7 (842.7) 152.2 (70) 159.6 171.5 358.6 299.7 742.7 909.2 701.3 1,252.7 1,164.3 697.1 415.1 256.8 (789) (40.3) 261.4 542 470.3 (78.7) 60.6 252.8 125.5 395 165.9 243.7 327.7 11.9 (49.7) 67.8 15.3 (158.1) (529.1) 474.1 615.3 (197.1) 175.4 541.2 472.4 714.3 (8.6) 285.9 452.4 145.5 163.9 (199.8) 828.6 379.6 (268.6) 415.2 1,060.2 1,011.9 306
Net Income (132.2) 358.1 0.9 319.7 130 210.9 595.7 148.2 65.6 (692) 81.3 (98.4) 100.7 127.2 280.8 245.4 571.6 647.6 532.8 925 869.3 518.8 295.5 145.9 (612) (8.3) 92.2 154.1 142.9 (10.1) 17.5 69.4 39.7 58.9 44.6 57.6 83 (8.9) 0.8 6.1 8.4 (4.6) (83.9) 30.6 39.5 16.3 25.4 19.5 24.6 71.3 2.3 (3.3) 33.8 12 18.6 (10.3) 629.2 (866.6) (349.8) 371.7 896.2 2,480.1 266.8
EPS (Diluted) -0.37 0.96 0.00 0.87 0.35 0.57 1.63 0.40 0.18 -1.92 0.22 -0.27 0.28 0.35 0.77 0.67 1.57 1.81 1.46 2.55 2.41 1.48 0.82 0.41 -1.76 -0.02 0.55 1.23 1.18 -0.15 0.10 0.56 0.30 0.49 0.43 0.59 0.90 -0.16 -0.02 0.07 0.01 -0.02 -0.28 0.34 0.13 0.06 0.09 0.07 0.08 1.17 0.01 -0.01 0.12 0.04 0.06 -0.04 2.07 5.23 -1.15 11.16 26.90 8.14 0.88
Balance Sheet
Cash & Equivalents 2,754.2 3,205.3 3,259 1,738.9 1,761.2 2,096.4 1,865.3 1,962.3 1,702.5 1,786.3 1,620 1,406.7 1,238.9 1,569.7 1,539.1 1,539.6 1,459.1 2,617.3 2,533.8 1,773.7 1,055 1,136.2 1,316.2 652.5 1,178.8 915.8 1,613.9 883.5 936.9 877.1 1,480 1,272.1 1,424.1 1,377.7 1,551.1 1,206 1,185.7 1,432.4 1,217.4 1,212.5 1,051.5
Total Assets 29,842 29,116 27,055.9 25,067.8 24,095.5 23,103.5 22,658.4 22,284.1 20,849.5 21,176 20,957.3 21,381 21,273.9 21,403 21,092.4 21,424.9 21,736.4 21,250.4 20,788.7 19,649.2 16,975.3 15,644.8 14,202.2 12,322.7 12,084.6 13,808.8 13,928 13,400.8 12,242.8 12,914.2 13,433.7 13,294.4 12,941.8 12,280.6 11,686.6 10,856.4 10,375.2 9,973 9,503.6 9,586.4 8,775.9
Total Debt 14,617.1 13,893.2 12,663.3 10,705.1 10,458.9 9,496.3 9,247 10,542 9,297 9,255.6 9,190.7 9,283.1 8,856.4 8,679.8 8,251.8 8,507.6 8,495.4 8,499.4 8,868.2 8,214.4 7,920 8,047.4 7,515.8 6,728.1 6,658.4 6,971.2 6,486.1 6,346.5 5,607.7 6,390.5 6,333 6,427 6,158.4 5,877.4 5,310.4 5,230.9 4,997 5,210.9 4,638.1 4,661.6 3,808
Stockholders' Equity 5,403.5 5,761.5 5,619.6 5,860.5 5,577.4 5,606.9 5,546.7 5,029.9 5,070.7 5,191.4 5,920.1 5,963.7 6,174.8 6,221 6,117.7 5,986.3 5,910 5,279 4,759.2 4,337 3,462 2,689.2 2,211.5 1,958.3 1,865.4 618.6 887.4 1,230.9 1,085.2 977.6 1,044.7 1,046.3 1,049.4 1,016.6 978.6 510.6 402.4 307.9 352.7 387.3 402.6
Cash Flow
Operating Cash Flow 469 452.3 (2,610.6) 882.3 (352.1) (352.8) 274.3 290.8 71.1 254.1 799.8 (736.5) (112.5) (120.8) 300 (186.8) (371.7) 488.6 707.1 525.8 69.5 (58.6) (33.7) 169 (245.9) (565.4) 655 (72) 341 (438.5) 633.2 (515.6) (22.6) (578.9) 198.7 (141.8) 514.9 (428.1) 521.5 (413.7) 19.7
Capital Expenditure (28.1) (42) (23.2) (17.5) (16.7) (26.7) (19.1) (17.7) (14.2) (17) (17.1) (19.6) (12.9) (15.6) (7.6) (5.1) (12.3) (14.4) (9.4) (7.9) (9.7) (23.9) (13.6) (10.5) (13.2) (10.3) 6.2 (16.6) (7.1) (11.2) (7.6) (7.8) (4.7) (8) (9.3) (13) (3.7) (12.1) (4.9) (4.2) (4.2)
Free Cash Flow 440.9 410.3 (2,633.8) 864.8 (368.8) (379.5) 255.2 273.1 56.9 237.1 782.7 (756.1) (125.4) (136.4) 292.4 (191.9) (384) 474.2 697.7 517.9 59.8 (82.5) (47.3) 158.5 (259.1) (575.7) 661.2 (88.6) 333.9 (449.7) 625.6 (523.4) (27.3) (586.9) 189.4 (154.8) 511.2 (440.2) 516.6 (417.9) 15.5