Empire State Realty Trust, Inc. logo ESRT - Empire State Realty Trust, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 4
HOLD 10
SELL 2
STRONG
SELL
0
| PRICE TARGET: $7.00 DETAILS
HIGH: $7.00
LOW: $7.00
MEDIAN: $7.00
CONSENSUS: $7.00
UPSIDE: 24.67%
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
Revenue
Revenue 190.3 199.2 197.7 190.8 180.1 197.6 199.6 189.5 181.2 192.9 191.5 190.5 164.6 181.3 183.7 198.0 164.0 160.3 165.0 153.4 145.3 151.4 146.6 141.0 170.2 194.9 192.9 176.2 167.3 199.3 186.4 178.5 168.5 183.1 187.3 177.1 165.0 179.3 175.8 165.8 157.1 165.2 175.8 164.8 151.9 170.4 169.4 155.2 140.3 127.6 62.3 59.6 62.4 83.6 59.4 57.4 59.8 95.2 68.8 63.7 67.1 59.8
Cost of Revenue 193.0 543.1 33.2 89.6 88.6 91.4 90.0 84.7 88.1 86.4 86.6 82.0 84.0 81.3 85.5 77.3 77.2 71.5 71.6 67.7 68.6 70.9 73.3 65.7 81.2 84.8 88.9 79.2 81.1 80.5 82.2 76.2 80.6 77.5 79.2 72.6 76.4 73.3 72.9 70.2 72.7 73.0 74.9 71.0 77.6 81.1 75.4 73.7 75.9 62.8 28.1 26.6 27.9 42.9 24.9 21.5 21.4 23.8 20.9 21.7 19.9 23.6
Gross Profit (2.7) (343.4) 164.5 101.1 91.5 106.2 109.6 104.9 93.1 106.5 104.9 108.5 80.6 99.9 98.2 120.7 86.8 88.9 93.4 85.7 76.7 80.5 73.3 75.4 89.0 110.1 104.0 97.1 86.2 118.8 104.2 102.4 87.9 105.6 108.2 104.5 88.6 105.9 103.0 95.6 84.4 92.2 100.9 93.8 74.3 89.3 94.0 81.5 64.4 64.8 34.2 33.0 34.5 40.8 34.5 35.9 38.4 71.5 47.8 42.0 47.2 36.2
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
SG&A Expenses 18.1 18.5 18.7 18.7 16.9 17.9 18.4 18.0 16.0 16.1 16.0 16.1 15.7 16.5 15.7 15.9 13.7 13.6 14.4 14.1 13.9 13.6 14.5 18.1 16.0 16.6 14.4 16.0 14.0 13.7 13.1 13.2 12.6 13.7 12.9 12.6 11.1 13.5 11.8 12.9 10.9 9.7 10.2 9.1 9.1 9.3 10.1 9.6 10.2 15.3 9.6 6.8 8.0 9.5 6.6 8.2 8.8 14.4 19.7 15.6 12.2 5.2
Other Expenses (50.2) (397.3) 106.4 47.3 48.8 45.4 45.9 47.5 46.1 49.6 46.6 46.3 47.4 44.5 47.0 58.3 67.1 54.2 65.8 45.1 44.5 47.4 46.8 56.9 46.1 46.4 44.3 44.8 46.1 46.7 42.5 39.5 39.9 40.8 38.5 40.5 40.8 39.8 37.6 38.5 39.3 45.3 45.4 39.6 41.4 48.8 37.9 29.4 30.1 55.7 12.8 13.1 12.2 10.8 11 10.9 9.9 9.7 9.6 8.2 8.0 9.0
Operating Expenses (32.1) (378.8) 125.2 66.0 65.7 63.2 64.3 65.5 62.1 65.7 62.6 62.4 63.1 61.0 62.7 74.2 80.8 67.8 80.2 59.2 58.3 61.0 61.4 75.0 62.0 61.8 56.3 60.8 60.1 41.7 55.6 52.7 49.1 50.3 51.4 53.1 44.0 45.6 49.4 51.5 50.1 55.8 52.9 48.7 50.5 58.0 48.0 36.5 40.3 43.9 30.8 21.3 20.2 5.4 17.6 19.1 14.1 24.1 29.3 23.8 20.2 14.2
Operating Income
Operating Income 29.5 35.4 39.3 35.1 25.8 42.9 45.3 39.4 31.1 40.8 42.3 46.2 17.5 39.0 35.5 46.5 6.0 21.1 13.2 26.5 18.3 19.4 11.9 0.3 27.0 47.1 45.3 36.2 26.1 58.5 48.5 49.7 35.4 51.0 56.8 51.4 36.7 52.7 53.6 44.2 34.1 37.2 45.3 45.0 23.8 31.3 43.4 42.5 24.1 22.2 10.3 11.7 14.3 35.4 16.8 16.8 19.4 47.4 18.6 18.2 27.0 22.0
Interest Expense 28.1 25.9 25.2 25.1 27.6 29.3 29.3 26.0 25.1 25.4 25.4 25.4 25.3 25.6 25.5 25.0 25.0 23.8 23.6 23.4 23.6 23.0 23.4 23.9 19.6 18.5 19.4 20.6 20.7 20.8 20.7 20.5 17.6 16.4 16.9 17.5 17.7 17.8 17.9 17.4 18.0 17.2 16.7 17.6 16.0 19.8 17.7 14.6 14.3 13.1 14.9 14.7 14.2 14.2 13.7 13.4 13.1 13.0 15.9 13.0 12.9 13.1
Interest Income 0.6 1.9 1.1 1.9 3.8 5.1 7.0 5.1 4.2 4.7 4.5 3.3 2.6 2.8 1.6 0.4 0.1 0.2 0.2 0.2 0.1 0.1 0.4 1.5 0.6 1.4 2.3 3.9 3.7 3.5 3.5 2.5 1.2 0 0.8 0.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 80.3 108.6 88.1 85.9 74.6 88.3 91.2 88.3 82.2 86.0 88.9 92.5 84.4 83.5 82.5 104.8 75.3 75.6 79.2 73.2 64.7 66.9 55.9 54.6 73.6 94.9 91.8 85.0 75.9 105.2 91.0 89.1 75.3 91.8 95.3 92.0 77.5 92.5 91.2 82.7 73.3 82.5 90.5 84.7 65.2 80.1 81.3 71.2 54.2 232.8 31.5 32.8 28.3 62.1 35.0 28.8 34.8 58.1 29.4 26.9 35.5 31.5
EBIT 30.1 59.1 40.5 37.0 25.8 42.9 45.3 39.4 34.7 40.8 42.3 46.2 35.8 39.0 35.5 46.5 6.2 21.3 13.4 26.5 18.3 19.5 11.1 1.9 27.5 48.5 47.5 40.1 29.8 61.9 52.0 52.2 34.2 51.0 56.0 50.7 36.4 52.7 53.6 44.2 34.1 37.2 45.3 45.0 23.8 31.3 43.4 42.5 24.1 205.5 17.2 17.8 16.1 49.7 22.8 16.8 23.9 47.4 18.6 18.2 27.0 22.0
Income Before Tax 1.9 33.2 15.3 11.9 15.2 19.9 24.2 29.3 9.6 17.6 21.3 37.7 10.5 22.9 11.6 49.1 (18.8) (2.5) (10.2) 3.2 (5.3) (3.5) (12.2) (22.1) 7.9 29.9 28.1 19.5 9.1 41.1 31.4 31.6 17.8 34.6 37.7 33.9 18.7 34.8 35.6 26.8 16.2 20.0 28.7 27.5 7.7 11.5 25.7 27.9 9.8 193.4 2.3 3.1 1.9 35.5 9.0 3.4 10.8 34.4 2.7 5.2 14.1 8.9
Income Tax Expense (1.1) 1.1 1.6 0.5 (0.6) 1.2 1.4 0.8 (0.7) 1.8 1.4 0.7 (1.2) 1.3 1.5 0.4 (1.6) 1.5 0.0 (1.2) (2.1) (4.2) 0.0 (2.5) (0.4) 1.2 1.3 0.6 (0.7) 1.3 2.1 1.5 (0.3) 2.3 2.2 2.6 (0.5) 1.8 2.8 2.1 (0.5) 0.7 2.6 0.9 (0.2) 0.5 3.0 2.6 6.9 (1.1) 0 0 0 27.8 0 (3.1) (4.5) 8.3 (4.4) (4.6) (3.3) (2.9)
Net Income 2.3 20.7 9.0 7.6 10.3 12.2 14.6 18.1 6.7 10.2 12.6 22.9 7.6 13.6 6.6 30.6 (10.2) (2.1) (5.9) 3.1 (1.6) 0.8 (7.2) (11.7) 5.5 17.8 16.1 11.3 5.9 23.1 16.6 16.9 10.0 17.5 19.0 16.8 10.2 17.2 16.2 11.3 7.7 8.5 11.5 11.4 3.4 4.4 8.6 9.8 4.4 75.2 2.3 3.1 1.9 22.0 9.0 6.5 10.8 26.0 7.1 9.8 17.3 11.8
Per Share Data
EPS (Basic) 0.01 0.12 0.05 0.04 0.06 0.07 0.13 0.10 0.03 0.06 0.07 0.14 0.07 0.13 0.06 0.18 -0.07 -0.02 -0.04 0.02 -0.02 -0.00 -0.05 -0.07 0.03 0.09 0.09 0.06 0.03 0.13 0.10 0.10 0.06 0.11 0.12 0.10 0.06 0.11 0.12 0.09 0.06 0.07 0.10 0.10 0.03 0.04 0.09 0.10 0.05 0.79 0.02 0.03 0.02 0.24 0.10 0.07 0.12 0.28 0.08 0.11 0.19 0.13
EPS (Diluted) 0.00 0.07 0.05 0.04 0.05 0.05 0.08 0.10 0.03 0.06 0.07 0.14 0.04 0.08 0.04 0.18 -0.06 -0.01 -0.02 0.01 -0.01 -0.00 -0.03 -0.04 0.02 0.09 0.05 0.04 0.02 0.13 0.06 0.10 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.09 0.06 0.07 0.10 0.10 0.03 0.04 0.09 0.04 0.02 0.79 0.02 0.03 0.02 0.24 0.10 0.07 0.12 0.28 0.08 0.11 0.19 0.13
Shares Outstanding 170.7 168.7 169.2 168.4 167.2 164.9 164.9 164.3 163.5 162.0 161.9 160.0 161.3 161.7 167.1 167.1 169.7 172.8 172.5 171.6 171.7 172.0 173.0 175.4 181.7 180.2 178.4 176.8 175.8 171.8 167.7 165.3 162.7 160.0 158.1 157.9 156.5 153.3 136.8 122.5 120.8 118.7 115.9 112.9 109.4 103.0 97.7 95.5 95.5 95.5 91.7 91.7 91.7 91.7 91.7 91.7 91.7 91.7 91.7 91.7 91.7 91.7
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
Current Assets
Cash & Cash Equivalents 68.8 166.5 154.1 94.6 187.8 385.5 421.9 535.5 333.6 346.6 354.0 315.4 272.6 264.4 387.2 359.4 429.7 423.7 582.2 540.6 567.1 526.7 373.1 873.0 1,009.0 233.9 293.7 375.3 242.9 205.0 229.7 251.8 690.5 464.3 432.1 441.0 532.4 554.4 594.3 35.5 44.4
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 0 150 350 400 400 400 0 0 0 0 0 0 0 0 0
Net Receivables 284.9 22.1 286.5 283.4 281.4 449.6 447.2 444.6 297.4 295.5 291.9 282.8 262.7 264.3 270.3 276.9 244.4 243.6 250.1 250.4 244.9 244.0 249.7 256.2 251.7 246.4 244.0 240.8 228.4 230.3 226.8 212.0 209.8 207.0 207.3 189.5 178.6 174.6 163.1 148.5 142.0
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) (2.5) (9.9) (6.0) (4.1) 0 0 0 (1.5) (0.6) 0 0 0
Other Current Assets 62.8 0 43.6 42.1 49.6 43.8 48.0 41.0 51.7 60.3 67.0 80.5 189.6 85.8 52.6 53.3 105.1 51.0 99.3 38.0 90.7 41.2 54.9 58.9 36.9 103.1 78.5 0 0.0 132.7 0 0 105.2 126.9 103.5 122.6 100.8 115.9 94.4 107.0 90.1
Total Current Assets 416.6 188.6 484.2 420.1 518.8 878.9 917.1 1,021.1 682.7 702.4 712.8 678.6 725.0 614.5 783.0 771.9 779.2 794.8 931.5 900.4 902.7 889.2 728.5 1,256.2 1,338.2 583.4 616.2 865.0 920.8 965.5 961.6 987.2 1,001.4 798.2 742.9 753.1 810.3 844.2 851.9 291.0 276.5
Non-Current Assets
Property, Plant & Equipment 2,866.6 27.9 28.0 28.1 2,546.6 28.2 28.3 28.3 28.4 28.4 28.5 28.6 28.6 28.7 28.7 28.8 28.8 28.9 28.9 29.0 29.1 29.1 29.2 29.2 29.3 29.3 29.4 29.4 29.5 0 0 0 2,018.8 2,002.8 1,968.2 1,943.2 1,911.9 1,894.1 1,865.7 1,838.5 1,800.6
Goodwill 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5 491.5
Intangible Assets 303.6 305.6 307.5 309.5 311.5 313.4 315.4 317.3 319.3 321.2 323.2 325.2 327.1 329.1 331.0 333.0 334.9 336.9 338.9 340.8 342.8 344.7 346.7 348.7 350.6 352.6 354.5 356.5 358.4 360.4 362.4 364.3 366.3 368.2 370.2 372.1 374.1 376.1 378.0 380.0 381.9
Long-Term Investments 0 2,839.1 0 0 0 0 5.7 0 16.7 0 25.6 19.3 12.4 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (5,934.1) 0 0 0 0 0 0 0
Other Non-Current Assets 327.4 616.3 2,795.0 2,829.6 246.0 2,798.3 (321.0) 2,575.0 2,668.7 2,674.6 2,660.5 2,661.0 2,572.7 2,699.9 2,566.9 2,592.1 2,608.9 2,627.3 2,321.3 2,361.8 2,385.5 2,396.2 2,414.9 2,424.9 2,455.1 6,406.9 2,433.7 (356.5) (358.4) 249.2 (2,461.4) (2,429.4) 263.8 6,204.8 276.1 271.4 278.4 285.0 295.5 300.7 312.9
Total Non-Current Assets 3,989.1 4,280.4 3,622.0 3,658.6 3,595.6 3,631.4 519.7 3,412.1 3,507.9 3,516.9 3,503.7 3,506.2 3,419.9 3,549.1 3,418.1 3,445.3 3,464.1 3,487.7 3,180.6 3,223.1 3,248.8 3,261.5 3,282.2 3,294.2 3,326.4 3,348.4 3,309.1 3,440.6 3,621.6 3,630.3 3,605.3 3,575.7 3,140.4 3,133.2 3,106.0 3,078.1 3,055.9 3,046.7 3,030.7 3,010.7 2,986.9
Total Assets 4,405.7 4,469.0 4,106.3 4,078.8 4,114.4 4,510.3 4,436.9 4,433.2 4,190.6 4,219.3 4,216.5 4,184.8 4,157.4 4,163.6 4,201.1 4,217.2 4,243.3 4,282.4 4,112.2 4,123.5 4,151.5 4,150.7 4,010.7 4,550.4 4,664.6 3,931.8 3,925.3 4,155.6 4,192.4 4,195.8 4,166.8 4,162.9 4,141.8 3,931.3 3,848.9 3,831.2 3,866.2 3,891.0 3,882.6 3,301.7 3,263.4
Current Liabilities
Account Payables 111.9 64.5 47.7 49.0 135.3 54.8 41.5 38.0 37.7 44.2 36.2 29.5 24.3 32.9 36.4 35.9 32.3 41.7 32.0 26.0 30.0 32.3 34.1 25.6 29.7 35.1 34.3 28.3 29.4 34.6 31.8 27.7 28.5 32.5 106.4 100.9 96.2 36.2 99.5 85.2 74.2
Short-Term Debt 90 55.5 269.0 268.9 0 566.4 388.7 388.6 388.5 86.5 1.9 4.4 0.3 388.8 388.6 388.5 388.4 388.2 0 388.0 3.1 387.6 387.3 387.1 386.6 264.6 1.0 0 264.3 0 0.9 1.8 2.7 0 2.0 3.9 0 0 3.1 0 0
Deferred Revenue 57.6 59.9 64.2 55.3 61.9 62.6 70.8 61.9 69.3 70.3 75.7 74.0 76.8 76.1 80.2 80.0 84.4 84.4 90.4 81.8 94.6 88.3 77.6 63.0 64.2 72.0 68.7 48.9 43.3 44.8 32.2 29.6 37.5 40.9 41.3 27.4 31.1 32.2 24.2 23.0 26.8
Other Current Liabilities 27.0 (175.6) 0 0 (69.8) 0 0 0 0 302.8 (33.2) (76.1) (68.2) 5.9 0 0 0 0 (89.5) 0 (97.1) 0 0 0 0 (395.1) (115.3) (34.1) (299.5) 90.5 (128.7) (131.1) (108.9) 72.2 (112.3) (109.7) 5.2 53.8 (107.0) (91.2) (78.0)
Total Current Liabilities 286.5 59.9 444.8 428.5 135.3 766.5 542.2 543.0 548.8 559.3 83.7 74.0 76.8 551.5 563.3 576.7 567.5 568.1 90.4 552.8 94.6 570.2 566.6 543.4 562.7 72.0 68.7 48.9 43.3 175.5 32.2 29.6 37.5 151.8 41.3 27.4 157.0 166.3 24.2 23.0 26.8
Non-Current Liabilities
Long-Term Debt 2,229.3 2,317.8 1,788.5 1,788.8 2,057.8 1,889.2 2,067.6 2,074.8 1,850.4 2,154.0 2,239.8 2,239.0 2,244.4 1,857.4 1,888.8 1,890.2 1,920.9 1,922.1 2,140.2 1,747.9 2,133.2 1,749.1 1,576.3 2,123.8 2,124.2 1,403.9 1,404.7 1,942.3 1,929.5 1,924.2 1,917.8 1,916.7 1,915.5 1,689.2 1,590.7 1,591.4 1,614.0 1,617.9 1,647.1 1,691.3 1,643.8
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 (44.8) (32.2) 0 (37.5) (40.9) 0 0 (31.1) (32.2) 0 0 0
Other Non-Current Liabilities 37.9 205.9 46.7 44.1 107.2 44.4 513.0 35.9 38.3 235.5 129.7 129.5 128.5 42.9 46.4 55.4 64.0 79.0 140.0 60.6 152.6 (17.4) 17.3 34.9 34.4 11.6 34.6 126.9 148.6 105.0 131.3 131.3 146.1 112.7 158.7 151.1 120.2 123.9 159.3 162.4 172.8
Total Non-Current Liabilities 2,295.1 2,586.9 1,863.3 1,861.0 2,193.2 1,961.8 2,608.8 2,139.1 1,917.1 2,418.0 2,399.5 2,399.2 2,403.5 1,929.0 1,964.0 1,974.4 2,013.8 2,030.0 2,308.1 1,837.5 2,325.7 1,849.2 1,700.3 2,250.9 2,252.0 1,516.8 1,537.4 2,098.6 2,107.6 2,029.2 2,049.0 2,150.2 2,061.6 1,801.9 1,749.4 1,742.6 1,734.2 1,741.8 1,806.4 1,853.7 1,816.6
Total Liabilities 2,581.6 2,646.8 2,308.1 2,289.5 2,328.5 2,728.3 2,679.6 2,682.0 2,465.9 2,488.3 2,483.2 2,473.2 2,480.3 2,480.5 2,527.3 2,551.1 2,581.3 2,598.1 2,398.5 2,390.3 2,420.3 2,419.4 2,266.9 2,794.4 2,814.7 1,983.9 1,985.0 2,207.5 2,225.2 2,204.7 2,177.4 2,179.8 2,168.5 1,953.6 1,878.7 1,867.2 1,891.2 1,908.1 1,929.7 1,964.9 1,914.4
Stockholders' Equity
Common Stock 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.8 1.8 1.8 1.8 1.8 1.7 1.7 1.7 1.6 1.6 1.6 1.6 1.6 1.6 1.5 1.2 1.2
Retained Earnings (44.4) (39.6) (53.1) (55.1) (55.5) (58.9) (64.2) (71.9) (83.2) (83.1) (86.5) (92.4) (108.6) (109.5) (116.2) (114.9) (129.7) (133.6) (88.7) (73.3) (69.3) (65.7) (64.3) (56.1) (17.0) 15.8 18.1 21.1 28.7 41.5 37.0 38.4 39.3 46.8 46.4 44.4 44.4 50.9 50.3 50.5 52.4
Accumulated Other Comprehensive Income 9.4 6.5 5.3 5.6 6.7 9.9 5.7 13.0 11.7 6.0 13.4 9.3 3.3 7.0 6.7 (5.8) (12.7) (20.8) (23.0) (24.8) (26.5) (28.3) (30.0) (31.9) (32.1) (21.5) (24.1) (20.4) (13.1) (8.9) (2.2) (4.7) (6.0) (8.6) (10.4) (9.7) (2.1) (2.8) (15.0) (14.7) (9.6)
Total Stockholders' Equity 1,064.2 1,060.0 1,043.5 1,038.2 1,032.1 1,030.7 1,045.1 1,041.2 996.1 985.5 1,017.0 995.9 978.2 954.4 982.3 987.7 1,008.4 998.1 1,068.9 1,085.6 1,083.4 1,055.2 1,069.3 1,080.2 1,148.6 1,228.5 1,222.0 1,215.6 1,224.7 1,238.5 1,201.5 1,194.5 1,173.5 1,168.3 1,153.6 1,150.1 1,156.3 1,154.1 1,137.6 521.6 520.1
Total Liabilities & Equity 4,405.7 4,469.0 4,106.3 4,078.8 4,114.4 4,510.3 4,436.9 4,433.2 4,190.6 4,219.3 4,216.5 4,184.8 4,157.4 4,163.6 4,201.1 4,217.2 4,243.3 4,282.4 4,112.2 4,123.5 4,151.5 4,150.7 4,010.7 4,550.4 4,664.6 3,931.8 3,925.3 4,155.6 4,192.4 4,195.8 4,166.8 4,162.9 4,141.8 3,931.3 3,848.9 3,831.2 3,866.2 3,891.0 3,882.6 3,301.7 3,263.4
Debt Metrics
Total Debt 2,347.2 2,439.4 2,085.5 2,085.7 2,086.0 2,483.8 2,484.5 2,491.7 2,267.3 2,269.0 2,270.2 2,271.9 2,273.4 2,274.8 2,306.2 2,307.5 2,338.1 2,339.3 2,164.3 2,164.8 2,165.4 2,165.8 1,992.7 2,540.1 2,540.0 1,697.9 1,698.5 1,948.8 1,948.6 1,918.9 1,918.7 1,918.5 1,918.3 1,688.7 1,577.3 1,579.5 1,608.8 1,612.3 1,615.8 1,659.2 1,622.5
Net Debt 2,278.3 2,272.9 1,931.4 1,991.1 1,898.1 2,098.4 2,062.6 1,956.2 1,933.7 1,922.4 1,916.2 1,956.6 2,000.7 2,010.4 1,918.9 1,948.1 1,908.4 1,915.6 1,582.1 1,624.2 1,598.2 1,639.0 1,619.7 1,667.1 1,531.0 1,463.9 1,404.8 1,573.5 1,705.7 1,714.0 1,688.9 1,666.7 1,227.8 1,224.4 1,145.2 1,138.5 1,076.4 1,058.0 1,021.5 1,623.7 1,578.1
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 2.3 115.9 13.6 11.4 15.8 18.8 22.8 28.6 6.7 10.2 19.9 37.0 11.7 21.6 10.1 48.7 (17.2) (4.1) (10.2) 4.4 (3.2) 0.7 (12.3) (19.6) 8.3 17.8 16.1 18.9 5.9 39.8 16.6 16.9 18.1 17.5 35.5 16.8 10.2 17.2 16.2 24.6 16.7
Depreciation & Amortization 50.2 343.6 51.2 48.9 49.9 39.5 45.9 48.9 47.5 49.6 50.0 46.9 49.4 42.8 48.3 56.8 69.1 54.3 65.8 45.1 44.5 47.4 44.7 52.8 46.1 49.1 46.7 44.8 46.1 46.7 45.4 42.5 39.9 40.8 38.5 45.1 45.2 44.7 42.6 38.5 39.2
Stock-Based Compensation 0 42.0 6.5 6.9 5.0 6.1 5.8 6.4 3.4 5.3 5.0 5.4 4.4 5.4 5.4 5.8 4.5 4.8 5.4 5.3 4.7 5.3 5.5 8.8 5.9 5.5 3.7 6.3 5.4 4.7 4.9 4.7 4.6 3.3 3.8 3.8 3.2 2.5 2.6 2.5 2.1
Change in Working Capital 12.3 (33.0) 38.9 (38.9) 28.7 (18.4) 28.2 (36.2) 10.2 (38.4) 19.9 (47.2) 35.6 (25.1) 31.5 (51.9) 1.2 (6.2) 25.1 (44.6) 29.5 (39.3) 45.6 (22.6) 10.5 (14.3) 41.7 (57.8) 23.5 3.6 12.0 (26.9) 10.1 (34.0) 18.2 (19.0) 2.8 (8.8) 2.8 (23.0) 8.6
Other Non-Cash Items 4.1 (434.6) (5.0) (1.6) (16.3) 4.0 0.2 (10.5) 3.1 109.7 (4.4) (8.9) (14.7) (7.5) (5.0) (43.4) 10.2 (11.2) (2.8) 0.1 (2.3) 4.6 3.5 6.5 (6.1) (23.9) 0.9 (0.9) (3.1) (3.1) (1.1) 4.0 (4.1) (10.1) (11.3) (15.3) (0.5) 0.9 5.8 (10.2) (7.1)
Operating Cash Flow 68.9 33.9 105.3 26.7 83.1 50.0 102.8 37.1 70.9 36.4 90.1 19.5 86.4 37.2 90.3 16.0 67.7 45.5 83.3 10.3 73.4 18.7 89.1 9.6 64.8 34.2 109.1 11.4 77.9 91.6 77.7 41.1 68.6 17.5 86.5 27.4 60.0 56.5 70.0 32.5 59.5
Investing Activities
Capital Expenditure (18.2) (42.1) (32.5) (81.8) (42.1) (29.0) (47.4) (43.5) (53) (37.9) (25.2) (34.4) (41.8) (37.2) (32.5) (21.7) (34.9) (24.3) (22.4) (27.6) (20.7) 113.4 0 (39.1) (40.6) (60.6) (59.0) (69.5) (61.2) (73.4) (71.1) (54.5) (44.1) (65.4) (54.0) (56.6) (47.1) (61.5) (41.7) (49.9) (29.2)
Acquisitions 0 0 0 0 0 0 0 0 (14.2) 0 0 (15.4) 2.6 141.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 (0.0) 0 0 0.0 (0.0) (115.6) 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
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 49.8 39.1 11.0 0 0 0 0 0 0 0 0 0 0 0 (400) 0 200 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (64.7) (532.4) (32.5) (113.5) (42.1) (78.7) (190.8) (56.4) (4.0) (38.0) (52.1) 15.4 (2.6) (141.8) 0 (21.7) (35.0) (142.0) (22.3) (27.6) (20.8) (143.1) (33.6) (39.1) (40.6) 400 91.0 (69.5) (11.2) (73.4) (71.1) (400) (44.1) (0.0) (0.0) (1.5) (0.1) (0.0) (4.5) (0.0) 5.1
Investing Cash Flow (64.7) (532.4) (32.5) (113.5) (42.1) (78.7) (190.8) (56.4) (71.3) (38.0) (52.1) 15.4 (2.6) (141.8) (32.5) (21.7) (35.0) (142.0) (22.3) (27.6) (20.8) (29.8) (33.6) (39.1) (40.6) (60.6) 91.0 130.5 (11.2) (73.4) (71.1) (454.5) (44.1) (65.4) (54.0) (58.1) (47.1) (61.5) (46.3) (49.9) (24.1)
Financing Activities
Net Debt Issuance (53.2) 313.1 (0.9) (0.9) (220.9) (1.4) (7.6) 223.5 (1.5) (1.9) (2.4) (2.1) (2.1) (2.3) (2.0) (1.0) (2.1) (1.0) (1.0) (1.0) (1.0) 179.0 (551.0) (1.0) 849.0 (1.0) (251.0) (0.9) (0.9) (0.9) (0.9) (0.9) 231.1 113.0 (9.6) (29.0) (3.2) (3.1) (43.0) 37.0 (13.3)
Stock Repurchased 0 (6.0) 0 (2.1) 0 0 0 0 0 0 0 (7.4) (5.7) (7.6) (18.1) (52.4) (12.0) (36.7) (6.5) 0 (3.5) (21.8) (7.3) (51.9) (62.7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 (7.0) (7.0) (7.0) (6.9) (6.9) (6.9) (6.8) (6.8) (6.8) (6.7) (6.7) (6.7) (6.7) (6.7) (6.9) (7.0) (7.0) (7.1) (7.1) (1.1) (1.1) (1.1) (19.2) (20.0) (20.1) (19.1) (18.9) (18.8) (18.6) (18.0) (17.8) (17.4) (17.2) (17.0) (16.9) (16.7) (16.6) (16.5) (13.2) (10.6)
Other Financing Activities (11.4) (3.3) (3.8) (3.9) (4.3) (3.8) (4.2) (6.2) (13.0) (3.8) (3.7) (3.7) (3.0) (3.9) (3.9) (3.9) (3.6) (5.1) (3.9) (3.4) (7.5) (5.2) 0 (12.4) (16.2) (11.3) (13.0) (13.3) (13.2) (12.0) (14.2) (9.6) (16.2) (15.7) (14.8) (14.9) (15.0) (15.2) 594.6 (15.4) (13.9)
Financing Cash Flow (64.6) 296.8 (11.7) (13.9) (233.0) (12.0) (18.6) 210.5 (21.3) (12.5) (12.9) (19.9) (17.6) (20.6) (30.8) (64.2) (24.7) (49.8) (18.6) (11.5) (13.1) 151.0 (559.4) (84.6) 750.1 (32.4) (283.1) (33.2) (32.9) (31.5) (33.1) (28.3) 197.5 80.1 (41.4) (60.8) (34.8) (34.9) 535.1 8.4 (37.7)
Cash Position
Net Change in Cash (60.4) (31.2) 61.0 (100.7) (191.9) (40.6) (106.6) 191.2 (21.6) (14.0) 25.1 15.0 66.2 (125.1) 27.1 (69.9) 8.0 (146.3) 42.4 (28.8) 39.5 140.0 (503.9) (114.0) 774.3 (58.7) (83.1) 108.7 33.9 (13.3) (26.4) (441.7) 222.0 32.2 (8.9) (91.5) (21.9) (39.9) 558.8 (9.0) (2.2)
Cash at Beginning 166.5 197.8 136.7 237.4 429.3 469.9 576.5 385.3 407.0 421.0 395.8 380.8 314.7 439.8 412.8 482.7 474.6 621.0 578.6 607.4 567.9 428.0 931.8 1,045.9 271.6 330.3 413.4 304.7 270.8 284.1 310.5 752.2 530.2 432.1 441.0 532.4 554.4 594.3 35.5 44.4 46.7
Cash at End 106.1 166.5 197.8 136.7 237.4 429.3 469.9 576.5 385.3 407.0 421.0 395.8 380.8 314.7 439.8 412.8 482.7 474.6 621.0 578.6 607.4 567.9 428.0 931.8 1,045.9 271.6 330.3 413.4 304.7 270.8 284.1 310.5 752.2 464.3 432.1 441.0 532.4 554.4 594.3 35.5 44.4
Free Cash Flow 50.7 (8.2) 72.8 (55.1) 41.1 21.0 55.4 (6.4) 17.9 (1.5) 64.9 (14.9) 44.6 0.0 57.8 (5.7) 32.7 21.1 60.9 (17.3) 52.7 132.1 89.1 (29.5) 24.2 (26.4) 50.1 (58.1) 16.7 18.2 6.7 (13.3) 24.4 (47.9) 32.5 (29.2) 13.0 (5.0) 28.3 (17.4) 30.4
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
Income Statement
Revenue 190.3 199.2 197.7 190.8 180.1 197.6 199.6 189.5 181.2 192.9 191.5 190.5 164.6 181.3 183.7 198.0 164.0 160.3 165.0 153.4 145.3 151.4 146.6 141.0 170.2 194.9 192.9 176.2 167.3 199.3 186.4 178.5 168.5 183.1 187.3 177.1 165.0 179.3 175.8 165.8 157.1 165.2 175.8 164.8 151.9 170.4 169.4 155.2 140.3 127.6 62.3 59.6 62.4 83.6 59.4 57.4 59.8 95.2 68.8 63.7 67.1 59.8
Gross Profit (2.7) (343.4) 164.5 101.1 91.5 106.2 109.6 104.9 93.1 106.5 104.9 108.5 80.6 99.9 98.2 120.7 86.8 88.9 93.4 85.7 76.7 80.5 73.3 75.4 89.0 110.1 104.0 97.1 86.2 118.8 104.2 102.4 87.9 105.6 108.2 104.5 88.6 105.9 103.0 95.6 84.4 92.2 100.9 93.8 74.3 89.3 94.0 81.5 64.4 64.8 34.2 33.0 34.5 40.8 34.5 35.9 38.4 71.5 47.8 42.0 47.2 36.2
Operating Income 29.5 35.4 39.3 35.1 25.8 42.9 45.3 39.4 31.1 40.8 42.3 46.2 17.5 39.0 35.5 46.5 6.0 21.1 13.2 26.5 18.3 19.4 11.9 0.3 27.0 47.1 45.3 36.2 26.1 58.5 48.5 49.7 35.4 51.0 56.8 51.4 36.7 52.7 53.6 44.2 34.1 37.2 45.3 45.0 23.8 31.3 43.4 42.5 24.1 22.2 10.3 11.7 14.3 35.4 16.8 16.8 19.4 47.4 18.6 18.2 27.0 22.0
Net Income 2.3 20.7 9.0 7.6 10.3 12.2 14.6 18.1 6.7 10.2 12.6 22.9 7.6 13.6 6.6 30.6 (10.2) (2.1) (5.9) 3.1 (1.6) 0.8 (7.2) (11.7) 5.5 17.8 16.1 11.3 5.9 23.1 16.6 16.9 10.0 17.5 19.0 16.8 10.2 17.2 16.2 11.3 7.7 8.5 11.5 11.4 3.4 4.4 8.6 9.8 4.4 75.2 2.3 3.1 1.9 22.0 9.0 6.5 10.8 26.0 7.1 9.8 17.3 11.8
EPS (Diluted) 0.00 0.07 0.05 0.04 0.05 0.05 0.08 0.10 0.03 0.06 0.07 0.14 0.04 0.08 0.04 0.18 -0.06 -0.01 -0.02 0.01 -0.01 -0.00 -0.03 -0.04 0.02 0.09 0.05 0.04 0.02 0.13 0.06 0.10 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.09 0.06 0.07 0.10 0.10 0.03 0.04 0.09 0.04 0.02 0.79 0.02 0.03 0.02 0.24 0.10 0.07 0.12 0.28 0.08 0.11 0.19 0.13
Balance Sheet
Cash & Equivalents 68.8 166.5 154.1 94.6 187.8 385.5 421.9 535.5 333.6 346.6 354.0 315.4 272.6 264.4 387.2 359.4 429.7 423.7 582.2 540.6 567.1 526.7 373.1 873.0 1,009.0 233.9 293.7 375.3 242.9 205.0 229.7 251.8 690.5 464.3 432.1 441.0 532.4 554.4 594.3 35.5 44.4
Total Assets 4,405.7 4,469.0 4,106.3 4,078.8 4,114.4 4,510.3 4,436.9 4,433.2 4,190.6 4,219.3 4,216.5 4,184.8 4,157.4 4,163.6 4,201.1 4,217.2 4,243.3 4,282.4 4,112.2 4,123.5 4,151.5 4,150.7 4,010.7 4,550.4 4,664.6 3,931.8 3,925.3 4,155.6 4,192.4 4,195.8 4,166.8 4,162.9 4,141.8 3,931.3 3,848.9 3,831.2 3,866.2 3,891.0 3,882.6 3,301.7 3,263.4
Total Debt 2,347.2 2,439.4 2,085.5 2,085.7 2,086.0 2,483.8 2,484.5 2,491.7 2,267.3 2,269.0 2,270.2 2,271.9 2,273.4 2,274.8 2,306.2 2,307.5 2,338.1 2,339.3 2,164.3 2,164.8 2,165.4 2,165.8 1,992.7 2,540.1 2,540.0 1,697.9 1,698.5 1,948.8 1,948.6 1,918.9 1,918.7 1,918.5 1,918.3 1,688.7 1,577.3 1,579.5 1,608.8 1,612.3 1,615.8 1,659.2 1,622.5
Stockholders' Equity 1,064.2 1,060.0 1,043.5 1,038.2 1,032.1 1,030.7 1,045.1 1,041.2 996.1 985.5 1,017.0 995.9 978.2 954.4 982.3 987.7 1,008.4 998.1 1,068.9 1,085.6 1,083.4 1,055.2 1,069.3 1,080.2 1,148.6 1,228.5 1,222.0 1,215.6 1,224.7 1,238.5 1,201.5 1,194.5 1,173.5 1,168.3 1,153.6 1,150.1 1,156.3 1,154.1 1,137.6 521.6 520.1
Cash Flow
Operating Cash Flow 68.9 33.9 105.3 26.7 83.1 50.0 102.8 37.1 70.9 36.4 90.1 19.5 86.4 37.2 90.3 16.0 67.7 45.5 83.3 10.3 73.4 18.7 89.1 9.6 64.8 34.2 109.1 11.4 77.9 91.6 77.7 41.1 68.6 17.5 86.5 27.4 60.0 56.5 70.0 32.5 59.5
Capital Expenditure (18.2) (42.1) (32.5) (81.8) (42.1) (29.0) (47.4) (43.5) (53) (37.9) (25.2) (34.4) (41.8) (37.2) (32.5) (21.7) (34.9) (24.3) (22.4) (27.6) (20.7) 113.4 0 (39.1) (40.6) (60.6) (59.0) (69.5) (61.2) (73.4) (71.1) (54.5) (44.1) (65.4) (54.0) (56.6) (47.1) (61.5) (41.7) (49.9) (29.2)
Free Cash Flow 50.7 (8.2) 72.8 (55.1) 41.1 21.0 55.4 (6.4) 17.9 (1.5) 64.9 (14.9) 44.6 0.0 57.8 (5.7) 32.7 21.1 60.9 (17.3) 52.7 132.1 89.1 (29.5) 24.2 (26.4) 50.1 (58.1) 16.7 18.2 6.7 (13.3) 24.4 (47.9) 32.5 (29.2) 13.0 (5.0) 28.3 (17.4) 30.4