CareTrust REIT, Inc. logo CTRE - CareTrust REIT, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 13
HOLD 4
SELL 1
STRONG
SELL
0
| PRICE TARGET: $42.78 DETAILS
HIGH: $45.00
LOW: $40.00
MEDIAN: $43.00
CONSENSUS: $42.78
UPSIDE: 3.99%
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
Revenue
Revenue 142.8 135.1 104.3 86.0 71.6 62.2 57.2 55.4 53.5 53.5 51.2 47.7 46.2 47.7 47.0 46.8 46.0 49.1 48.1 47.7 45.2 43.8 45.7 43.1 43.1 42.3 32.5 45.0 39.2 40.0 39.2 38.6 37.6 36.2 32.8 31.7 30.5 28.1 27.0 25.4 23.4 22.4 17.7 17.1 16.7 16.0 15.9 14.1 12.9 12.8 12.6 12.1 11.3 11.0 10.6
Cost of Revenue 61.6 55.5 2.6 3.1 2.2 3.3 5.6 2.2 2.5 2.3 3.4 2.0 1.8 1.7 4.5 1.3 1.9 1.1 1.0 0.8 0.7 0.9 1.4 1.4 1.0 1.4 1.8 1.2 1.5 3.7 3.8 3.8 3.7 3.7 3.2 3.0 3.0 2.7 2.8 2.5 2.4 2.2 1.9 1.9 1.9 3.5 1.2 1.2 1.8 3.6 1.3 1.2 1.7 1.7 1.7
Gross Profit 81.2 79.6 101.7 83.0 69.5 58.9 51.6 53.2 51.0 51.2 47.8 45.7 44.3 46.0 42.5 45.5 44.1 48.0 47.1 47.0 44.5 42.9 44.2 41.7 42.1 40.9 30.7 43.8 37.7 36.3 35.4 34.8 33.9 32.5 29.5 28.7 27.5 25.4 24.2 22.9 21.0 20.2 15.8 15.3 14.9 12.5 14.7 12.8 11.1 9.2 11.3 10.8 9.6 9.3 9.0
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 (35.6) 14.9 12.1 8.8 9.0 6.5 5.8 6.6 5.6 5.5 4.7 5.1 4.8 5.2 5.0 5.2 10.7 5.2 5.8 5.1 3.4 4.1 4.8 4.1 3.7 3.5 4.6 3.3 2.9 3.1 3.4 3.2 2.7 3.1 3.0 2.4 2.6 2.3 2.2 2.2 2.2 2.3 1.6 1.6 2.4 0.8 6.0 1.9 2.5 1.8 0.7 0.3 0.4 0.4
Other Expenses (11.8) 28.7 27.2 21.7 18.1 20.7 14.2 14.2 13.7 14.1 13.0 12.7 12.2 11.9 12.3 12.6 17.4 14.1 14.0 13.8 13.5 13.3 13.1 13.2 13.2 13.1 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
Operating Expenses (11.8) (7.0) 42.1 33.8 26.9 29.7 20.7 20.0 20.3 19.7 18.6 17.4 17.3 16.7 17.4 17.5 22.6 24.8 19.2 19.6 18.6 16.7 17.2 18.0 17.2 16.8 18.0 18.0 15.2 14.5 14.4 14.7 14.8 24.1 12.8 12.3 11.5 11.1 10.5 10.1 9.5 9.3 8.1 7.3 7.2 6.1 6.7 12.6 8.1 7.1 8.3 6.9 5.9 6.0 5.9
Operating Income
Operating Income 93.0 86.6 59.5 49.2 42.6 29.2 30.9 33.2 30.8 31.5 29.3 28.3 27.0 29.3 25.1 27.9 21.5 23.2 27.9 27.3 25.9 26.3 27.1 23.7 24.8 24.1 12.7 25.8 22.5 21.9 21.0 20.2 19.1 8.4 16.7 16.3 16.0 14.3 13.7 12.8 11.4 10.9 7.7 8.0 7.7 6.5 7.9 0.2 3.0 2.1 3.0 3.9 3.7 3.3 3.1
Interest Expense 11.2 11.4 12.6 13.0 6.7 5.1 8.3 8.7 8.2 8.3 11.8 11.0 9.8 9.6 8.4 6.3 5.7 5.7 5.7 6.5 5.8 5.6 5.5 5.8 6.7 6.9 7.1 7.3 6.9 6.7 6.8 7.3 7.1 6.5 5.6 6.2 5.9 5.8 5.7 5.4 6.2 6.1 7.2 6.0 5.9 5.9 5.9 6.5 3.3 3.3 3.2 3.1 0 0 0
Interest Income 2.8 2.9 28.2 26.4 25.0 24.7 20.2 13.5 9.6 6.3 4.7 3.8 4.4 4.1 3.3 0.7 0.5 0.6 0.5 0.5 0.5 0.3 0.0 1.0 1.3 1.9 0.8 1.2 0.5 0.3 0.3 0.4 0.5 0.4 0.2 1.1 0.2 0.1 0.1 0.3 0.3 0.2 0.3 0.2 0.2 0.1 0.0 0 0 0 0 0 3.1 2.9 3.1
Profitability
EBITDA 122.4 152.9 116.3 103.2 89.7 72.6 55.6 33.0 50.4 47.7 33.5 23.3 41.3 35.9 21.3 39.5 (23.9) 38.0 31.6 41.7 39.7 39.9 40.2 38.0 39.2 40.7 26.9 40.4 34.8 33.8 32.7 31.9 31.2 19.8 26.7 26.8 25.2 17.2 21.8 21.0 19.0 18.2 13.8 13.9 13.5 11.8 13.3 2.2 9.2 8.2 8.9 9.7 9.2 8.9 8.5
EBIT 93.0 125.5 89.6 82.0 71.9 57.1 41.6 19.1 37.0 34.6 20.4 10.6 29.1 24.0 9.1 27.0 (37.5) 23.9 17.6 27.9 26.2 26.6 27.1 24.8 26.0 27.6 (3.0) 27.0 22.9 15.5 21.3 20.6 21.7 8.8 16.9 8.2 16.2 8.7 13.6 13.1 11.7 11.1 7.9 8.3 7.9 6.5 7.9 (3.9) 3.0 2.1 2.9 3.7 3.7 3.3 3.1
Income Before Tax 81.8 114.2 77.0 68.9 65.2 52.0 33.3 10.4 28.8 26.3 8.7 (0.5) 19.2 14.4 0.7 20.7 (43.3) 18.3 11.9 21.3 20.5 21.1 21.6 18.9 19.3 20.7 (10.1) 19.7 16.1 15.5 14.5 13.3 14.6 2.3 11.3 2.0 10.3 8.4 7.8 7.6 5.5 5.0 0.7 2.3 2.0 0.6 2.0 (10.3) (0.4) (1.2) (0.2) 0.6 0.6 0.4 0
Income Tax Expense 2.3 1.9 2.1 1.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7.1 1.2 0.5 0.3 0.3 0.4 7.1 0.4 0.2 6.2 0.2 5.8 5.7 0.3 0.3 0.2 0.3 0.2 0.2 (0.1) 0 0.0 0.0 (0.0) 0.1 0.1 0.0 0.2 (0.0)
Net Income 80.2 111.3 74.9 68.5 65.8 52.1 33.4 10.8 28.7 26.3 8.7 (0.5) 19.2 14.4 0.7 20.7 (43.3) 18.3 11.9 21.3 20.5 21.1 21.6 18.9 19.3 20.7 (10.1) 19.7 16.1 15.5 14.5 13.3 14.6 2.3 11.3 2.0 10.3 8.4 7.8 7.6 5.5 5.0 0.7 2.3 2.0 0.6 2.0 (10.3) (0.4) (1.2) (0.3) 0.5 0.6 0.2 0.0
Per Share Data
EPS (Basic) 0.36 0.50 0.35 0.36 0.35 0.29 0.21 0.07 0.22 0.22 0.08 -0.00 0.19 0.05 -0.08 0.21 -0.51 0.19 0.12 0.22 0.21 0.22 0.23 0.20 0.20 0.22 -0.11 0.21 0.18 0.18 0.18 0.17 0.19 0.03 0.15 0.03 0.15 0.14 0.14 0.13 0.11 0.10 0.02 0.07 0.07 0.02 0.09 -0.47 -0.02 -0.05 -0.01 0.02 0.03 0.01
EPS (Diluted) 0.36 0.52 0.35 0.35 0.35 0.29 0.21 0.07 0.22 0.23 0.08 -0.00 0.19 0.05 -0.08 0.21 -0.51 0.19 0.12 0.22 0.21 0.22 0.23 0.20 0.20 0.22 -0.11 0.21 0.18 0.18 0.18 0.17 0.19 0.03 0.15 0.03 0.15 0.14 0.14 0.13 0.11 0.10 0.02 0.07 0.07 0.02 0.09 -0.47 -0.02 -0.05 -0.01 0.02 0.03 0.01
Shares Outstanding 223.0 222.7 211.7 192.4 187.2 181.6 159.5 144.9 132.8 121.4 104.0 99.1 99.1 97.2 96.6 96.6 96.4 96.3 96.3 96.1 95.4 95.2 95.2 95.2 95.2 95.1 92 94.0 88.0 84.1 81.5 76.4 75.5 75.5 75.5 72.6 67.0 60.9 57.6 57.5 48.1 47.8 39.1 31.3 31.3 31.3 22.3 22.0 22.2 22.2 22.2 22.2 22.2 22.2 59.3
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 223.2 198.0 712.5 306.1 26.5 213.8 377.1 495.1 451.2 294.4 3.5 1.1 28.1 13.2 4.9 30.3 26.6 19.9 17.7 1.8 30.5 18.9 19.1 5.8 23.9 20.3 5.7 2.6 214.4 36.8 15.7 11.6 14.2 6.9 14.8 35.1 1.3 7.5 11.9 9.6 4.7
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 107.0 102.6 105.4 100.0 98.6 97.2 0.9 1.1 0.4 0.4 0.4 0.4 0.4 0.4 0.8 0.9 1.1 2.4 3.5 1.8 1.8 1.8 2.1 1.7 1.8 2.6 2.1 9.7 8.4 11.4 12.4 9.0 6.0 5.3 13.0 9.4 7.9 5.9 5.7 4.1 2.2
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 34.6 0 0 0 0 0 0 0 65.6 6.3 0 0 0 0 14.5
Other Current Assets 0 0 28.1 55.2 622.7 57.3 16.0 28.8 12.5 15.0 42.0 35.6 47.0 12.3 77.7 141.8 141.7 (2.7) 4.9 309.2 0 7.2 0 0 0 34.6 64.8 0 0 0 0 0 0 0 1.8 5.3 0 0 0 0 2.1
Total Current Assets 330.2 300.6 846.1 461.2 747.8 368.3 394.0 525.0 464.1 309.9 45.9 37.1 75.5 25.9 102.4 179.7 175.1 27.1 36.8 320.3 39.7 38.4 28.3 13.4 37.2 68.3 72.7 19.3 231.5 56.8 31.9 25.6 22.1 13.1 95.2 56.0 10.5 14.8 19.3 14.9 23.4
Non-Current Assets
Property, Plant & Equipment 0 0 0 0 0 0 0 0 0 1,567.1 1,536.0 0 0 0 0 0 0 0 0 0 0 0 1,423.2 0 0 0 1,404.0 1,482.0 1,259.3 1,216.2 1,189.4 1,167.0 1,177.1 1,152.3 1,023.5 972.8 940.4 893.9 809.1 776.2 707.7
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 0 0 0 0
Intangible Assets 0 48.3 47.0 39.3 4.1 4.4 0 0 5.3 5.3 2.8 2.8 2.8 2.8 2.8 2.8 2.7 1.3 1.3 2.7 2.7 2.4 1.6 1.6 1.6 1.6 1.4 1.4 1.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 1.9 1.9 1.9 1.4 1.4
Long-Term Investments 3,906.5 3,739.8 3,293.8 0 0 0 0 0 0 195.4 181.2 0 0 0 0 0 0 0 0 0 0 0 0 0 61.8 33.3 44.8 26.7 29.4 18.0 18.1 18.1 18.0 17.9 5.4 5.2 14.0 13.9 13.6 9.0 8.7
Other Non-Current Assets 1,000.4 1,059.7 902.0 4,156.0 3,132.5 3,064.4 2,526.8 2,173.8 1,879.1 1,769.7 1,718.8 1,697.0 1,543.9 1,592.1 1,540.3 1,503.2 1,416.2 1,612.4 1,605.6 1,589.4 1,591.7 1,462.8 0.6 1,434.9 1,430.7 1,415.6 1.9 2.1 2.4 (1.7) (1.5) (1.2) (0.9) (0.7) (0.4) (6.4) 0.6 0.9 1.2 1.9 2.2
Total Non-Current Assets 4,906.9 4,847.8 4,242.9 4,195.3 3,136.6 3,068.8 2,526.8 2,173.8 1,884.4 1,775.0 1,721.7 1,699.8 1,546.7 1,594.9 1,543.2 1,506.0 1,418.9 1,613.7 1,606.9 1,592.1 1,594.4 1,465.1 1,425.5 1,436.6 1,494.1 1,450.5 1,452.1 1,512.3 1,292.5 1,234.9 1,208.4 1,186.3 1,196.6 1,171.9 1,030.8 974.0 956.9 910.6 825.8 788.6 720.1
Total Assets 5,237.1 5,148.4 5,088.9 4,656.5 3,884.4 3,437.0 2,920.9 2,698.8 2,348.4 2,084.8 1,767.6 1,737.0 1,622.2 1,620.8 1,645.6 1,685.8 1,593.9 1,640.8 1,643.7 1,912.4 1,634.1 1,503.6 1,453.8 1,450.0 1,531.2 1,518.9 1,524.8 1,531.6 1,524.0 1,291.8 1,240.4 1,211.8 1,218.7 1,185.0 1,126.0 1,030.1 967.4 925.4 845.1 803.5 743.5
Current Liabilities
Account Payables 0 120.4 103.1 109.1 51.1 56.3 49.7 37.1 35.3 34.0 28.9 21.0 24.2 24.4 30.9 21.7 23.8 25.4 26.7 16.8 16.9 19.6 18.2 13.3 15.5 15.0 16.3 12.7 14.0 16.0 18.5 12.5 15.1 17.4 17.4 14.5 14.1 12.1 15.0 9.6 10.7
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 280 135 125 180 205 105 80 80 50 170 50 0 0 75 60 0 0 0 0 0 0 0 0 0 0 0 0 0 68 5
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9.8 9.8
Total Current Liabilities 0 195.2 177.9 176.2 114.1 110.7 99.4 81.8 76.5 70.5 61.3 328.9 187.1 176.9 237.7 253.6 155.7 131.7 132.9 92.9 212.8 93.8 42.4 37.5 114.6 96.6 102.9 79.3 219.1 128.8 125.8 178.8 230.7 196.5 126.4 28.6 54.5 118.2 127.9 87.5 25.5
Non-Current Liabilities
Long-Term Debt 894.6 894.2 893.8 1,155.4 822.1 396.9 396.7 671.1 595.9 595.6 595.3 595.0 594.8 594.5 594.2 593.9 593.7 593.4 593.1 889.9 495.8 495.6 495.4 495.1 494.9 494.6 559.4 539.1 678.9 489.8 484.6 544.3 594.1 558.9 488.7 393.5 382.0 449.7 457.4 422.1 358.9
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 0
Other Non-Current Liabilities 188.6 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Non-Current Liabilities 1,083.3 894.2 893.8 1,155.4 822.1 396.9 396.7 671.1 595.9 595.6 595.3 595.0 594.8 594.5 594.2 593.9 593.7 593.4 593.1 889.9 495.8 495.6 495.4 495.1 494.9 494.6 494.4 494.1 493.9 394.8 394.6 394.3 394.1 393.9 393.7 393.5 355.0 354.7 354.4 354.1 353.9
Total Liabilities 1,083.3 1,089.5 1,071.7 1,331.6 936.3 507.6 496.1 753.0 672.3 666.1 656.6 923.9 781.9 771.4 831.9 847.5 749.4 725.1 726.1 982.8 708.7 589.4 537.8 532.6 609.4 591.3 597.3 573.4 713.0 523.5 520.3 573.1 624.8 590.4 520.1 422.1 409.5 472.9 482.3 441.6 379.4
Stockholders' Equity
Common Stock 2.3 2.2 2.2 2.0 1.9 1.9 1.7 1.5 1.4 1.3 1.2 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 1.0 1.0 1.0 1.0 0.9 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.6 0.6 0.6 0.6
Retained Earnings (500.0) (491.8) (528.3) (528.4) (529.8) (532.6) (530.3) (514.0) (480.1) (467.6) (457.4) (433.7) (405.5) (397.0) (384.0) (358.0) (352.0) (282.0) (274.6) (260.8) (256.4) (251.2) (248.3) (246.0) (241.0) (236.3) (235.5) (204.0) (202.1) (198.2) (196.0) (193.3) (190.4) (189.4) (177.6) (174.9) (162.8) (159.7) (157.0) (155.0) (152.7)
Accumulated Other Comprehensive Income (9.0) 5.9 3.7 19.0 0 0 0 0 0 (467.6) (457.4) 0 0 0 0 0 0 0 0 0 0 0 (248.3) 0 0 0 (235.5) (204.0) (202.1) (198.2) (196.0) (193.3) (190.4) (189.4) (177.6) (174.9) (162.8) (159.7) (157.0) (155.0) (152.7)
Total Stockholders' Equity 4,131.6 4,035.3 3,994.2 3,300.5 2,927.3 2,908.4 2,422.2 1,943.7 1,673.8 1,416.8 1,109.9 813.0 840.3 849.4 813.7 838.3 844.6 915.8 917.6 929.6 925.4 914.1 916.0 917.4 921.8 927.6 927.5 958.1 811.0 768.2 720.0 638.7 593.9 594.6 605.9 608.0 557.9 452.4 362.8 361.9 364.1
Total Liabilities & Equity 5,214.9 5,124.7 5,088.9 4,656.5 3,884.4 3,437.0 2,920.9 2,698.8 2,348.4 2,084.8 1,767.6 1,737.0 1,622.2 1,620.8 1,645.6 1,685.8 1,593.9 1,640.8 1,643.7 1,912.4 1,634.1 1,503.6 1,453.8 1,450.0 1,531.2 1,518.9 1,524.8 1,531.6 1,524.0 1,291.8 1,240.4 1,211.8 1,218.7 1,185.0 1,126.0 1,030.1 967.4 925.4 845.1 803.5 743.5
Debt Metrics
Total Debt 894.6 894.2 893.8 1,155.4 822.1 396.9 396.7 671.1 595.9 595.6 595.3 875.0 729.8 719.5 774.2 798.9 698.7 673.4 673.1 939.9 665.8 545.6 495.4 495.1 569.9 554.6 559.4 539.1 678.9 489.8 484.6 544.3 594.1 558.9 488.7 393.5 382.0 449.7 457.4 422.1 358.9
Net Debt 671.4 696.2 181.3 849.3 795.6 183.1 19.6 176.0 144.7 301.1 591.8 873.9 701.7 706.3 769.4 768.7 672.1 653.5 655.4 938.1 635.4 526.7 476.2 489.3 545.9 534.3 553.6 536.5 464.5 453.0 468.8 532.8 579.9 552.0 473.9 358.4 380.7 442.2 445.5 412.5 354.2
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 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Operating Activities
Net Income 80.1 112.3 74.9 67.9 65.2 52.0 33.3 10.4 28.8 26.3 8.7 (0.5) 19.2 14.4 0.7 20.7 (43.3) 18.3 11.9 21.3 20.5 21.1 21.6 18.9 19.3 20.7 (10.1) 19.7 16.1 15.5 14.5 13.3 14.6 2.3 11.3 2.0 10.3 8.4 7.8 7.6 5.5
Depreciation & Amortization 29.4 27.2 22.0 20.3 17.0 14.6 13.2 13.3 12.9 12.8 13.0 12.7 12.3 11.9 12.3 12.6 13.6 14.1 14.0 13.9 13.5 13.3 13.1 13.3 13.2 13.1 13.4 13.4 11.9 11.5 11.4 11.3 11.6 11.0 9.7 9.3 9.1 8.5 8.3 7.9 7.3
Stock-Based Compensation 0 2.5 2.5 3.0 3.9 1.5 1.1 1.4 2.1 1.8 1.5 0.9 0.9 1.5 1.4 1.4 1.5 5.6 1.8 1.8 1.6 1.0 1.0 1.0 0.9 1.0 1.0 1.1 1.0 1.0 1.0 0.9 0.9 0.6 0.7 0.6 0.5 0.3 0.3 0.4 0.4
Change in Working Capital (17.3) 15.3 7.4 11.9 (8.6) 4.9 12.1 1.0 1.5 (1.7) 8.1 (3.5) (0.5) (4.3) 9.2 (3.1) (2.1) 0.3 8.8 (0.9) (2.3) 1.6 4.3 (2.2) 1.3 (1.5) (0.5) (3.1) 1.1 (0.9) 3.6 (5.5) (2.8) (2.5) 0.0 (1.9) (0.1) (2.9) 4.6 (3.1) 1.1
Other Non-Cash Items (1.9) (36.2) (5.9) (2.4) (6.1) 2.3 7.5 26.8 3.5 3.5 13.8 22.2 3.2 10.3 18.8 2.2 64.8 0.2 11.3 0.5 0.7 0.5 0.5 0.5 1.9 (2.0) 29.6 0.5 0.1 (0.2) (0.2) 0.0 (2.3) 10.5 0.3 14.6 0.3 0.6 0.4 0.3 0.6
Operating Cash Flow 90.4 121.0 100.9 100.8 71.4 75.2 67.2 53.0 48.8 42.7 45.1 31.9 35.1 33.7 42.4 33.7 34.6 38.5 47.8 36.6 33.9 37.4 40.4 31.4 36.5 31.1 33.4 31.7 30.1 27.0 30.3 20.1 22.1 21.9 22.0 24.7 20.2 14.9 21.4 13.1 15.0
Investing Activities
Capital Expenditure (3.2) (5.0) (3.2) (4.5) (2.3) (3.9) (2.9) (0.9) (0.4) (1.8) (2.8) (4.4) (2.0) (1.8) (1.8) (1.7) (1.9) (1.2) (1.4) (2.1) (1.3) 6.3 (0.1) (3.8) (2.4) (3.4) (0.3) (0.8) (1.8) (0.5) (0.6) (0.7) (0.0) (0.0) (0.1) (0.1) (0.1) (0.0) (0.1) (0.1) (0.0)
Acquisitions 0.1 0 0 0 0 0 (43) 0 0 0 0 0 0 0 0 0 0 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 (102.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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
Sales/Maturities of Investments 0.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.3 0 0 2.2 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 (555.3) (72.5) (784.9) (33.6) (681.7) (313.6) (344.5) (122.8) (33.7) (52.9) (171.5) 1.2 16.2 (14.3) (99.9) (22.2) (9.5) (35.6) (9.6) (132.0) (63.6) (3.2) 53.4 (24.2) 9.9 (28.8) (233.2) (66.2) (43.1) (32.9) (4.0) (35.1) (85.6) (122.6) (38.8) (55.5) (93.3) (46.8) (60.6) (83.8)
Investing Cash Flow (105.1) (560.3) (75.7) (789.4) (35.9) (685.6) (359.4) (345.4) (123.2) (35.5) (55.7) (175.8) (0.8) 14.4 (16.1) (101.6) (24.1) (10.7) (36.9) (11.7) (133.3) (63.6) (3.3) 49.6 (24.3) 9.9 (28.8) (231.0) (66.2) (43.1) (32.9) (4.0) (35.1) (85.6) (122.6) (38.8) (55.5) (93.4) (46.8) (60.6) (83.8)
Financing Activities
Net Debt Issuance 0 0 (256.2) 75 425 0 0 0 0 0 30 145 10 (55) 20 100 25 0 (270) 450 120 50 0 0 15 (5) 20 (140) 190 5 (60) (50) 35 70 95 5.4 (68) (8) 35 63 (35.0)
Stock Repurchased 0 (0.2) 0 0 (3.3) (0.0) 0 0 (2.5) 0 0 0 (1.5) 0 0 (1.7) (2.8) 0 0 (0.0) (1.3) (0.0) 0 0 (2.0) (0.0) (0.1) (1.0) (1.5) 0 0 (0.7) (0.6) (0.1) (0.1) (0.9) 0 0 0 (0.1) 0
Dividends Paid (74.8) (74.8) (67.1) (63.1) (54.4) (49.7) (44.7) (41.2) (36.5) (32.4) (27.8) (27.8) (27.4) (26.7) (26.7) (26.8) (26.0) (25.6) (25.6) (25.6) (24.0) (23.9) (23.9) (23.9) (21.5) (21.5) (21.5) (20.0) (17.7) (17.2) (16.2) (15.6) (14.0) (14.0) (14.0) (13.4) (11.1) (9.9) (9.8) (9.8) (7.7)
Other Financing Activities (12.7) (0.3) (2.1) 0.2 15.9 496.8 218.9 377.6 270.2 316.2 10.7 (0.1) (0.5) 41.9 (45) 0 0 (0.0) (8.5) (168.8) 16.2 0 0 (75.3) (0.1) 0 0 148.6 42.9 49.3 83.0 47.6 (0.0) (0.0) (0.5) 56.8 108.2 92.0 2.5 (0.5) 104.7
Financing Cash Flow 40.4 (75.3) 381.0 361.8 383.2 447.1 174.2 336.4 231.1 283.8 12.9 117.0 (19.4) (39.8) (51.7) 71.5 (3.8) (25.7) (304.1) 255.6 110.9 26.1 (23.9) (99.2) (8.6) (26.5) (1.5) (12.4) 213.7 37.2 6.8 (18.7) 20.3 55.9 80.3 47.9 29.1 74.1 27.6 52.5 62.0
Cash Position
Net Change in Cash 25.2 (514.4) 406.4 (326.5) 418.7 (163.3) (118.0) 44.0 156.7 291.0 2.3 (26.9) 14.9 8.3 (25.4) 3.7 6.7 2.2 (293.2) 280.5 11.6 (0.2) 13.3 (18.1) 3.6 14.6 3.1 (211.7) 177.6 21.0 4.2 (2.6) 7.3 (7.9) (20.3) 33.8 (6.2) (4.4) 2.2 5.0 (6.8)
Cash at Beginning 198.0 712.5 306.1 632.5 213.8 377.1 495.1 451.2 294.4 3.5 1.1 28.1 13.2 4.9 30.3 26.6 19.9 17.7 311.0 30.5 18.9 19.1 5.8 23.9 20.3 5.7 2.6 214.4 36.8 15.7 11.6 14.2 6.9 14.8 35.1 1.3 7.5 11.9 9.6 4.7 11.5
Cash at End 223.2 198.0 712.5 306.1 632.5 213.8 377.1 495.1 451.2 294.4 3.5 1.1 28.1 13.2 4.9 30.3 26.6 19.9 17.7 311.0 30.5 18.9 19.1 5.8 23.9 20.3 5.7 2.6 214.4 36.8 15.7 11.6 14.2 6.9 14.8 35.1 1.3 7.5 11.9 9.6 4.7
Free Cash Flow 87.2 116.0 97.7 96.3 69.1 71.3 64.4 52.0 48.4 40.8 42.4 27.5 33.1 31.9 40.5 32.0 32.7 37.3 46.4 34.5 32.6 43.6 40.4 27.6 34.1 27.8 33.1 30.9 28.3 26.4 29.7 19.4 22.0 21.8 21.9 24.6 20.0 14.9 21.4 13.0 15.0
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
Income Statement
Revenue 142.8 135.1 104.3 86.0 71.6 62.2 57.2 55.4 53.5 53.5 51.2 47.7 46.2 47.7 47.0 46.8 46.0 49.1 48.1 47.7 45.2 43.8 45.7 43.1 43.1 42.3 32.5 45.0 39.2 40.0 39.2 38.6 37.6 36.2 32.8 31.7 30.5 28.1 27.0 25.4 23.4 22.4 17.7 17.1 16.7 16.0 15.9 14.1 12.9 12.8 12.6 12.1 11.3 11.0 10.6
Gross Profit 81.2 79.6 101.7 83.0 69.5 58.9 51.6 53.2 51.0 51.2 47.8 45.7 44.3 46.0 42.5 45.5 44.1 48.0 47.1 47.0 44.5 42.9 44.2 41.7 42.1 40.9 30.7 43.8 37.7 36.3 35.4 34.8 33.9 32.5 29.5 28.7 27.5 25.4 24.2 22.9 21.0 20.2 15.8 15.3 14.9 12.5 14.7 12.8 11.1 9.2 11.3 10.8 9.6 9.3 9.0
Operating Income 93.0 86.6 59.5 49.2 42.6 29.2 30.9 33.2 30.8 31.5 29.3 28.3 27.0 29.3 25.1 27.9 21.5 23.2 27.9 27.3 25.9 26.3 27.1 23.7 24.8 24.1 12.7 25.8 22.5 21.9 21.0 20.2 19.1 8.4 16.7 16.3 16.0 14.3 13.7 12.8 11.4 10.9 7.7 8.0 7.7 6.5 7.9 0.2 3.0 2.1 3.0 3.9 3.7 3.3 3.1
Net Income 80.2 111.3 74.9 68.5 65.8 52.1 33.4 10.8 28.7 26.3 8.7 (0.5) 19.2 14.4 0.7 20.7 (43.3) 18.3 11.9 21.3 20.5 21.1 21.6 18.9 19.3 20.7 (10.1) 19.7 16.1 15.5 14.5 13.3 14.6 2.3 11.3 2.0 10.3 8.4 7.8 7.6 5.5 5.0 0.7 2.3 2.0 0.6 2.0 (10.3) (0.4) (1.2) (0.3) 0.5 0.6 0.2 0.0
EPS (Diluted) 0.36 0.52 0.35 0.35 0.35 0.29 0.21 0.07 0.22 0.23 0.08 -0.00 0.19 0.05 -0.08 0.21 -0.51 0.19 0.12 0.22 0.21 0.22 0.23 0.20 0.20 0.22 -0.11 0.21 0.18 0.18 0.18 0.17 0.19 0.03 0.15 0.03 0.15 0.14 0.14 0.13 0.11 0.10 0.02 0.07 0.07 0.02 0.09 -0.47 -0.02 -0.05 -0.01 0.02 0.03 0.01
Balance Sheet
Cash & Equivalents 223.2 198.0 712.5 306.1 26.5 213.8 377.1 495.1 451.2 294.4 3.5 1.1 28.1 13.2 4.9 30.3 26.6 19.9 17.7 1.8 30.5 18.9 19.1 5.8 23.9 20.3 5.7 2.6 214.4 36.8 15.7 11.6 14.2 6.9 14.8 35.1 1.3 7.5 11.9 9.6 4.7
Total Assets 5,237.1 5,148.4 5,088.9 4,656.5 3,884.4 3,437.0 2,920.9 2,698.8 2,348.4 2,084.8 1,767.6 1,737.0 1,622.2 1,620.8 1,645.6 1,685.8 1,593.9 1,640.8 1,643.7 1,912.4 1,634.1 1,503.6 1,453.8 1,450.0 1,531.2 1,518.9 1,524.8 1,531.6 1,524.0 1,291.8 1,240.4 1,211.8 1,218.7 1,185.0 1,126.0 1,030.1 967.4 925.4 845.1 803.5 743.5
Total Debt 894.6 894.2 893.8 1,155.4 822.1 396.9 396.7 671.1 595.9 595.6 595.3 875.0 729.8 719.5 774.2 798.9 698.7 673.4 673.1 939.9 665.8 545.6 495.4 495.1 569.9 554.6 559.4 539.1 678.9 489.8 484.6 544.3 594.1 558.9 488.7 393.5 382.0 449.7 457.4 422.1 358.9
Stockholders' Equity 4,131.6 4,035.3 3,994.2 3,300.5 2,927.3 2,908.4 2,422.2 1,943.7 1,673.8 1,416.8 1,109.9 813.0 840.3 849.4 813.7 838.3 844.6 915.8 917.6 929.6 925.4 914.1 916.0 917.4 921.8 927.6 927.5 958.1 811.0 768.2 720.0 638.7 593.9 594.6 605.9 608.0 557.9 452.4 362.8 361.9 364.1
Cash Flow
Operating Cash Flow 90.4 121.0 100.9 100.8 71.4 75.2 67.2 53.0 48.8 42.7 45.1 31.9 35.1 33.7 42.4 33.7 34.6 38.5 47.8 36.6 33.9 37.4 40.4 31.4 36.5 31.1 33.4 31.7 30.1 27.0 30.3 20.1 22.1 21.9 22.0 24.7 20.2 14.9 21.4 13.1 15.0
Capital Expenditure (3.2) (5.0) (3.2) (4.5) (2.3) (3.9) (2.9) (0.9) (0.4) (1.8) (2.8) (4.4) (2.0) (1.8) (1.8) (1.7) (1.9) (1.2) (1.4) (2.1) (1.3) 6.3 (0.1) (3.8) (2.4) (3.4) (0.3) (0.8) (1.8) (0.5) (0.6) (0.7) (0.0) (0.0) (0.1) (0.1) (0.1) (0.0) (0.1) (0.1) (0.0)
Free Cash Flow 87.2 116.0 97.7 96.3 69.1 71.3 64.4 52.0 48.4 40.8 42.4 27.5 33.1 31.9 40.5 32.0 32.7 37.3 46.4 34.5 32.6 43.6 40.4 27.6 34.1 27.8 33.1 30.9 28.3 26.4 29.7 19.4 22.0 21.8 21.9 24.6 20.0 14.9 21.4 13.0 15.0