FB Financial Corporation logo FBK - FB Financial Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 8
HOLD 4
SELL 1
STRONG
SELL
0
| PRICE TARGET: $65.00 DETAILS
HIGH: $65.00
LOW: $65.00
MEDIAN: $65.00
CONSENSUS: $65.00
UPSIDE: 23.39%
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 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1
Revenue
Revenue 251.7 264.0 263.5 147.5 202.7 210.5 169.1 203.0 183.5 190.2 182.0 194.0 182.8 165.1 151.1 143.4 136.5 150.4 155.7 145.6 161.5 178.9 178.2 147.1 112.4 106.9 111.4 104.7 95.0 90.3 97.0 94.8 88.1 92.0 86.2 68.9 64.0 62.9 74.0 69.0 51.7 50.6 43.9 41.6 39.6 34.3 31.5 31.5
Cost of Revenue 82.4 86.7 124.1 76.0 74.4 85.1 81.5 77.0 77.4 74.1 75.8 67.6 56.3 36.6 28.5 20.4 2.7 (3.3) 5.7 (4.1) (1.6) 10.1 67.7 36.2 43.0 16.9 16.8 15.6 14.3 13.9 11.7 8.6 6.7 7.0 4.0 2.0 2.4 1.8 2.5 1.5 0.1 1.1 0 0 0 0 0 0
Gross Profit 169.3 177.4 139.5 71.5 128.4 125.5 87.6 126.0 106.1 116.1 106.1 126.4 126.5 128.4 122.6 123.1 133.8 153.7 150.0 149.7 163.2 168.8 110.5 110.9 69.4 90.0 94.6 89.1 80.7 76.4 85.3 86.2 81.4 85.0 82.2 66.9 61.6 61.1 71.5 67.5 51.5 49.5 43.9 41.6 39.6 34.3 31.5 31.5
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
SG&A Expenses 72.7 75.7 70.4 48.8 50.8 47.5 49.5 48.1 45.8 50.2 56.6 54.0 50.9 48.9 53.1 57.2 63.5 62.5 67.0 65.9 66.8 70.0 69.9 57.8 46.0 41.7 42.8 40.4 36.4 36.4 39.0 38.3 37.9 39.5 38.8 34.5 32.4 32.6 36.7 31.6 25.7 25.0 26.2 23.6 25.1 21.3 17.7 17.7
Other Expenses 22.4 31.8 39.4 32.5 28.7 27.9 26.7 27.0 26.1 30.0 26.4 27.3 29.5 31.3 28.8 39.8 25.8 28.4 28.0 27.0 27.9 39.8 48.2 22.7 22.5 21.0 20.2 23.8 18.7 17.3 18.2 18.0 18.2 18.1 30.4 14.6 14.0 14.8 18.8 19.0 16.2 7.8 0 0 0 0 0 0
Operating Expenses 95.2 107.5 109.9 81.3 79.5 75.3 76.2 75.1 71.9 80.2 83.0 81.3 80.4 80.2 81.8 97.0 89.3 90.9 95.0 93.0 94.7 109.9 118.1 80.6 68.6 62.7 62.9 64.1 55.1 53.7 57.2 56.4 56.2 57.5 69.2 49.1 46.4 47.3 55.5 50.6 41.9 32.8 31.9 29.2 31.1 25.2 23.0 23.0
Operating Income
Operating Income 74.2 69.8 29.6 (9.7) 48.8 50.1 11.4 50.9 34.2 35.9 23.1 45.1 46.1 48.2 40.8 26.1 44.5 62.8 55.0 56.7 68.5 58.9 (7.6) 30.3 0.8 27.3 31.7 25.0 25.6 22.7 28.1 29.9 25.2 27.5 13.0 17.8 15.2 13.8 16.0 16.9 9.7 16.8 13.5 13.7 10.8 10.1 13.8 13.8
Interest Expense 79.4 85.4 89.7 70.7 72.1 78.0 79.6 74.8 76.6 73.7 73.0 68.6 55.8 37.1 17.1 8.0 6.9 7.5 8.2 9.8 12.2 13.0 12.3 10.3 13.4 14.0 14.9 14.7 12.9 11.7 9.9 7.5 6.4 6.0 4.8 2.9 2.6 2.5 2.4 2.3 2.3 2.2 0 0 0 0 0 0
Interest Income 225.3 235.2 236.9 182.1 179.7 186.4 185.6 177.4 176.1 174.8 173.9 170.2 159.5 147.6 128.5 110.2 95.1 97.2 96.7 96.3 94.8 98.2 81.1 65.6 69.7 71.6 73.2 71.7 65.9 63.1 62.6 59.0 54.8 55.0 48.4 33.3 32.9 31.6 30.0 30.7 27.6 26.4 0 0 0 0 0 0
Profitability
EBITDA 74.2 80.4 34.9 (6.2) 52.3 53.8 15.4 54.5 37.9 40.6 26.7 48.5 49.3 51.1 43.9 29.3 47.8 66.3 58.5 60.2 72.0 62.5 (4.5) 33.2 3.6 29.8 34.3 27.5 27.5 24.5 29.9 31.8 27.2 29.7 14.6 18.9 16.6 17.4 20.3 20.4 12.1 18.8 (1.5) (1.3) 11.9 (1.0) (0.9) (0.9)
EBIT 74.2 69.8 29.6 (9.7) 48.8 50.1 11.4 50.9 34.2 35.9 23.1 45.1 46.1 48.2 40.8 26.1 44.5 62.8 55.0 56.7 68.5 58.9 (7.6) 30.3 0.8 27.3 31.7 25.0 25.6 22.7 28.1 29.9 25.2 27.5 13.0 17.8 15.2 13.8 16.0 16.9 9.7 16.8 31.1 31.7 25.3 23.1 0 0
Income Before Tax 74.2 69.8 29.6 (9.7) 48.8 50.1 11.4 50.9 34.2 35.9 23.1 45.1 46.1 48.2 40.8 26.1 44.5 62.8 55.0 56.7 68.5 58.9 (7.6) 30.3 0.8 27.3 31.7 25.0 25.6 22.7 28.1 29.9 25.2 27.5 13.0 17.8 15.2 13.8 16.0 16.9 9.7 16.8 12.0 12.4 8.5 9.1 8.5 8.5
Income Tax Expense 16.6 12.8 6.2 (12.7) 9.5 12.2 1.2 10.9 6.3 6.5 4.0 9.8 9.7 10.0 8.9 6.7 9.3 14.0 9.7 13.4 15.6 13.3 (2.0) 7.5 0.1 5.7 7.7 6.3 6.0 5.6 6.7 7.8 5.5 4.5 4.6 6.6 5.4 4.8 14.8 1.1 0.5 0.9 4.5 4.5 7.1 8.2 0.6 0.6
Net Income 57.5 57.0 23.4 2.9 39.4 37.9 10.2 40.0 27.9 29.4 19.2 35.3 36.4 38.1 31.8 19.3 35.2 48.8 45.3 43.3 52.9 45.6 (5.6) 22.9 0.7 21.6 24.0 18.7 19.6 17.0 21.4 22.1 19.8 23.0 8.4 11.2 9.8 9.0 1.2 15.8 9.2 15.9 7.5 7.9 15.6 0.9 7.9 7.9
Per Share Data
EPS (Basic) 1.11 1.07 0.44 0.06 0.84 0.81 0.22 0.85 0.60 0.63 0.41 0.75 0.78 0.81 0.68 0.41 0.74 1.02 0.96 0.91 1.12 0.97 -0.14 0.71 0.02 0.69 0.77 0.60 0.63 0.55 0.69 0.72 0.65 0.75 0.28 0.44 0.40 0.38 0.07 0.68 0.38 0.66 0.44 0.46 0.91 0.05 0.46 0.46
EPS (Diluted) 1.10 1.07 0.43 0.06 0.84 0.81 0.22 0.85 0.59 0.63 0.41 0.75 0.78 0.81 0.68 0.41 0.74 1.02 0.94 0.90 1.10 0.95 -0.14 0.70 0.02 0.68 0.76 0.59 0.62 0.54 0.68 0.70 0.63 0.74 0.27 0.43 0.40 0.37 0.07 0.68 0.38 0.66 0.44 0.46 0.91 0.05 0.46 0.46
Shares Outstanding 51.7 53.1 53.6 46.2 46.7 46.7 46.7 46.8 46.9 46.8 46.8 46.8 46.7 46.9 46.9 47.1 47.5 47.7 47.4 47.4 47.3 47.2 40.2 32.1 31.3 30.9 30.9 30.9 30.8 30.7 30.7 30.7 30.6 30.5 30.0 25.7 24.1 24.0 18.3 23.1 24.0 24.0 17.2 17.2 17.2 17.2 17.2 17.2
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
Current Assets
Cash & Cash Equivalents 159.9 942.5 1,280.0 813.6 684.7 916.7 854.5 709.0 769.9 727.6 718.4 1,112.0 1,256.0 816.5 503.1 639.3 1,608.5 1,669.7 1,179.2 1,657.8 1,791.0 1,196.7 943.8 683.0 365.9 101.6 192.5 154.6 188.8 94.0 180.8 84.6 66.5 53.6 92.7 170.0 111.0 123.3 108.4 75.5
Short-Term Investments 0 613.2 1,427.0 547.4 703.1 826.7 1,567.9 1,482.4 1,464.7 978.2 1,348.2 1,419.4 1,471.0 1,471.2 1,482.2 1,618.2 1,683.5 1,678.5 1,572.6 1,404.4 1,225.2 1,172.4 1,160.5 747.4 764.2 688.4 668.5 675.2 667.7 655.7 606.5 608.4 594.2 536.3 543.3 553.4 567.9 582.2 553.4 550.3
Net Receivables 59.8 58.6 60.8 50.4 51.3 112.6 52.2 52.8 53.5 95.2 49.2 45.0 44.7 87.2 39.0 40.4 39.1 98.4 41.4 42.1 44.4 70.4 47.1 26.6 19.6 39.1 17.7 18.0 16.6 23.6 14.9 12.7 13.9 16.8 11.2 7.0 7.2 7.3 7.0 6.6
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
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
Total Current Assets 219.7 1,634.3 2,767.7 1,411.3 1,439.1 1,872.0 2,474.6 2,244.2 2,288.1 1,814.7 2,115.9 2,576.3 2,771.7 2,374.9 2,024.4 2,297.9 3,331.1 3,459.0 2,793.2 3,104.2 3,060.6 2,446.9 2,151.4 1,457.0 1,149.8 833.6 878.7 847.7 873.1 776.6 802.3 705.6 674.7 609.1 647.2 730.4 686.2 715.0 668.8 632.4
Non-Current Assets
Property, Plant & Equipment 229.5 231.6 239.1 198.0 193.7 196.9 199.9 203.9 206.7 210.0 212.3 211.1 210.5 206.4 204.7 183.5 183.6 185.4 188.7 188.0 191.9 194.7 189.2 131.1 132.0 122.7 126.6 128.3 119.7 86.9 86.4 85.9 81.2 81.6 85.5 66.4 66.1 66.7 65.9 65.7
Goodwill 350.4 350.4 350.4 242.6 242.6 242.6 242.6 242.6 242.6 242.6 242.6 242.6 242.6 242.6 242.6 242.6 242.6 242.6 242.6 242.6 242.6 242.6 236.1 175.4 174.9 169.1 168.5 168.5 137.2 137.2 137.2 137.2 137.2 137.2 138.9 46.9 46.9 46.9 46.9 46.9
Intangible Assets 29.4 181.0 183.1 157.9 161.5 169.2 163.5 171.7 173.6 173.5 182.3 176.9 176.3 180.7 184.8 173.2 160.4 132.5 128.8 121.2 125.2 103.6 95.5 78.2 81.5 95.1 84.9 86.3 74.5 101.8 92.3 122.7 107.2 93.0 75.6 52.5 51.8 38.9 51.4 46.0
Long-Term Investments 15,236.2 13,319.2 12,431.1 9,869.5 9,793.8 10,361.9 9,425.0 9,261.4 9,219.9 9,880.0 9,247.9 9,287.5 9,312.8 9,377.7 9,104.2 8,761.4 8,284.9 8,270.9 8,015.7 7,880.6 7,903.8 7,885.3 7,885.9 5,153.7 4,807.6 4,666.3 4,622.6 4,557.3 4,008.2 3,934.8 3,837.5 3,767.2 3,637.9 3,686.5 3,557.4 2,375.1 2,243.3 2,354.2 2,256.7 2,048.8
Other Non-Current Assets 403.2 571.0 265.1 1,474.8 1,305.9 293.4 414.6 411.6 417.4 252.0 488.8 393.0 387.4 413.7 497.4 535.3 471.6 306.7 441.3 381.7 411.8 318.0 452.4 260.1 310.0 238.2 207.5 152.3 122.5 99.5 102.5 104.6 87.3 120.4 77.2 75.2 72.3 55.2 97.5 78.2
Total Non-Current Assets 16,248.7 14,666.0 13,468.7 11,942.9 11,697.3 11,285.5 10,445.6 10,291.0 10,260.2 10,789.7 10,373.8 10,311.1 10,329.4 10,463.6 10,233.7 9,896.0 9,343.0 9,138.7 9,017.1 8,814.1 8,875.3 8,760.4 8,859.0 5,798.6 5,505.9 5,291.3 5,210.2 5,092.7 4,462.1 4,360.2 4,255.9 4,217.6 4,050.7 4,118.6 3,934.7 2,616.2 2,480.3 2,561.9 2,518.3 2,285.5
Total Assets 16,468.4 16,300.3 16,236.5 13,354.2 13,136.4 13,157.5 12,920.2 12,535.2 12,548.3 12,604.4 12,489.6 12,887.4 13,101.1 12,847.8 12,258.1 12,193.9 12,674.2 12,597.7 11,810.3 11,918.4 11,935.8 11,207.3 11,010.4 7,255.5 6,655.7 6,124.9 6,088.9 5,940.4 5,335.2 5,136.8 5,058.2 4,923.2 4,725.4 4,727.7 4,581.9 3,346.6 3,166.5 3,276.9 3,187.2 2,918.0
Current Liabilities
Account Payables 0 21.5 0 0 0 24.2 0 0 0 18.8 0 0 0 8.6 0 0 0 3.2 0 0 0 6.8 0 0 0 6.5 0 0 0 5.0 0 0 0 1.5 0 0 0 0.6 0 0
Short-Term Debt 17.4 99.9 107.5 0 0 13.5 0 0 0 108.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 203.5 153.4 233.0 67.3 16.3 18.1 171.6 109.1 29.3
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
Other Current Liabilities 0 13,910.0 13,750.3 11,403.5 11,202.0 11,210.4 10,976.2 10,468.0 10,504.9 10,548.3 10,639.1 10,872.3 11,182.9 10,855.8 10,006.1 10,543.3 10,996.3 10,836.9 10,071.9 10,204.0 10,256.9 9,458.0 9,093.7 5,952.8 5,376.9 4,934.9 4,921.8 4,842.8 4,303.2 4,171.7 4,129.5 3,909.9 3,766.2 3,664.4 3,718.5 2,727.6 2,701.2 2,671.6 2,640.1 2,514.3
Total Current Liabilities 17.4 14,060.3 13,920.4 11,403.5 11,202.0 11,275.0 10,976.2 10,468.0 10,504.9 10,694.3 10,822.4 11,042.7 11,351.9 10,878.1 10,183.3 10,667.6 11,093.1 10,862.2 10,187.7 10,312.2 10,372.2 9,500.6 9,269.8 6,087.9 5,511.0 4,957.9 4,999.2 4,925.6 4,376.3 4,184.8 4,198.5 4,152.9 3,974.8 3,910.0 3,865.9 2,793.3 2,779.8 2,849.7 2,797.3 2,596.4
Non-Current Liabilities
Long-Term Debt 201.6 122.8 106.2 164.5 168.9 173.0 182.1 360.9 360.8 291.9 226.7 390.4 312.1 425.2 722.9 160.4 155.7 180.2 172.7 184.0 180.2 244.5 438.8 328.7 327.8 310.2 307.1 257.3 229.2 230.4 211.0 139.4 139.6 347.6 143.5 43.8 44.6 44.9 45.3 55.8
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6.8 0 0 0 0 0 0 0 20.5 0 0 0 16.7 0 0 0 11.9 0 0 0 4.2 15.5 0
Other Non-Current Liabilities 14,222.2 108.4 169.1 115.8 104.3 81.8 139.9 143.7 138.4 95.7 0 0 0 149.2 0 0 0 69.5 0 0 0 115.6 0 0 0 38.4 0 0 0 33.1 0 0 0 (138.4) 0 0 0 47.6 0 0
Total Non-Current Liabilities 14,477.0 291.8 337.9 339.5 332.4 314.8 381.6 566.6 563.8 455.2 294.2 457.7 379.5 644.2 793.5 206.3 201.3 302.8 221.6 234.4 234.4 415.3 495.5 362.5 362.4 404.7 344.9 296.0 264.3 280.1 211.0 139.4 139.6 221.0 143.5 43.8 44.6 96.6 60.7 55.8
Total Liabilities 14,494.5 14,352.0 14,258.3 11,743.1 11,534.4 11,589.9 11,357.8 11,034.6 11,068.7 11,149.5 11,116.6 11,500.4 11,731.4 11,522.2 10,976.8 10,873.9 11,294.3 11,165.0 10,409.3 10,546.6 10,606.6 9,915.9 9,765.3 6,450.3 5,873.4 5,362.6 5,344.1 5,221.6 4,640.6 4,464.9 4,409.4 4,292.3 4,114.4 4,131.0 4,009.4 2,837.1 2,824.3 2,946.4 2,858.1 2,652.2
Stockholders' Equity
Common Stock 51.4 51.8 53.5 45.8 46.5 46.7 46.7 46.6 46.9 46.8 46.8 46.8 46.8 46.7 46.9 46.9 47.5 47.5 47.7 47.4 47.3 47.2 47.2 32.1 32.1 31.0 30.9 30.9 30.9 30.7 30.7 30.7 30.7 30.5 30.5 29.0 24.2 24.1 24.0 17.2
Retained Earnings 893.1 846.6 799.9 786.8 792.7 762.3 732.4 730.2 698.3 678.4 656.1 644.0 615.9 586.5 554.5 528.9 515.7 486.7 443.1 403.2 365.2 317.6 276.4 286.3 266.4 293.5 274.5 253.1 236.9 221.2 206.7 187.2 167.1 146.8 123.8 115.4 104.2 93.8 84.8 143.6
Accumulated Other Comprehensive Income (35.3) (32.6) (38.5) (44.0) (92.0) (101.7) (74.9) (131.8) (132.5) (134.7) (192.4) (163.4) (149.6) (169.4) (187.4) (120.5) (71.5) 5.9 12.6 18.4 16.1 27.6 25.3 23.9 22.9 12.1 12.6 9.2 3.1 (4.2) (11.0) (7.4) (5.5) 0.1 1.6 1.3 (0.3) (0.9) 8.6 10.5
Total Stockholders' Equity 1,973.9 1,948.2 1,978.0 1,611.1 1,602.0 1,567.5 1,562.3 1,500.5 1,479.5 1,454.8 1,372.9 1,387.0 1,369.7 1,325.4 1,281.2 1,319.9 1,379.8 1,432.6 1,400.9 1,371.7 1,329.1 1,291.3 1,245.0 805.2 782.3 762.3 744.8 718.8 694.6 671.9 648.7 631.0 611.0 596.7 572.5 509.5 342.1 330.5 329.1 265.8
Total Liabilities & Equity 16,468.4 16,300.3 16,236.5 13,354.2 13,136.4 13,157.5 12,920.2 12,535.2 12,548.3 12,604.4 12,489.6 12,887.4 13,101.1 12,847.8 12,258.1 12,193.9 12,674.2 12,597.7 11,810.3 11,918.4 11,935.8 11,207.3 11,010.4 7,255.5 6,655.7 6,124.9 6,088.9 5,940.4 5,335.2 5,136.8 5,058.2 4,923.2 4,725.4 4,727.7 4,581.9 3,346.6 3,166.5 3,276.9 3,187.2 2,918.0
Debt Metrics
Total Debt 272.3 283.2 276.3 223.8 228.1 246.6 241.7 422.9 425.4 468.4 294.2 457.7 379.5 495.0 793.5 206.3 201.3 226.5 221.6 234.4 234.4 299.7 495.5 362.5 362.4 345.7 344.9 296.0 264.3 230.4 211.0 342.9 293.0 580.6 210.9 60.1 62.7 216.5 154.4 85.1
Net Debt 112.4 (659.3) (1,003.7) (589.8) (456.6) (670.1) (612.8) (286.1) (344.6) (259.3) (424.2) (654.4) (876.5) (321.5) 290.4 (433.0) (1,407.3) (1,443.1) (957.6) (1,423.4) (1,556.6) (897.1) (448.3) (320.5) (3.5) 244.2 152.4 141.5 75.5 136.4 30.1 258.3 226.5 527.0 118.2 (109.9) (48.4) 93.2 46.0 9.6
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 57.5 95.6 23.4 2.9 39.4 37.9 10.2 40.0 27.9 29.4 19.2 35.3 36.4 38.2 31.8 19.4 35.2 48.8 45.3 43.3 52.9 45.6 (5.6) 22.9 0.7 21.6 24.0 18.7 19.6 17.0 21.4 22.1 19.8 23.0 8.4 11.2 9.8 9.0 1.2 15.8 14.6
Depreciation & Amortization 5.0 10.6 5.3 3.5 3.4 3.7 4.0 3.6 3.6 4.7 3.6 3.4 3.2 3.0 3.2 3.2 3.3 3.4 3.5 3.5 3.5 3.6 3.1 2.8 2.8 2.5 2.6 2.5 1.9 1.8 1.8 1.9 2.0 2.1 1.7 1.1 1.4 3.6 4.3 3.5 3.0
Stock-Based Compensation 5.4 11.1 3.8 3.0 4.8 2.2 2.4 2.1 2.8 2.1 2.8 3.2 2.3 1.7 2.5 3.0 2.6 2.2 2.9 2.5 2.7 3.0 3.0 2.4 1.9 1.5 1.8 2.1 1.6 1.9 1.5 1.9 2.0 2.0 1.7 1.8 1.4 1.3 3.4 0 0
Change in Working Capital (13.8) (77.6) 13.7 (24.3) (26.7) (3.2) (24.9) 5.6 1.1 (0.5) (3.1) (16.9) 15.0 11.2 11.8 69.3 (48.3) 8.4 61.8 (68.4) (42.4) 5.5 38.5 25.0 (80.3) 14.1 (20.7) (13.2) (12.4) 1.8 10.2 (20.1) (31.0) 30.0 37.5 (20.3) 7.8 27.1 (22.4) 3.8 (18.0)
Other Non-Cash Items (30.2) 11.7 7.9 90.4 (42.5) (18.7) 60.0 (20.4) 0.6 41.8 8.7 (18.0) 40.0 (5.0) 162.5 142.1 286.1 23.2 (86.8) 112.7 (198.4) (190.9) (18.0) (90.8) (18.7) 36.4 (9.2) (55.6) 25.9 47.0 33.7 19.6 49.7 (60.7) (73.6) (76.2) 122.1 (55.6) (176.9) (84.8) 12.6
Operating Cash Flow 31.0 52.8 47.7 71.8 (16.5) 24.1 47.8 30.6 36.3 74.4 30.1 8.2 98.4 45.7 215.3 240.2 288.1 95.9 34.1 97.1 (172.2) (127.2) 5.8 (46.0) (101.7) 80.1 (3.0) (45.6) 32.4 71.5 61.9 31.0 47.8 (5.4) (24.2) (79.9) 147.3 (19.5) (177.2) (61.6) 13.2
Investing Activities
Capital Expenditure (1.7) (6.7) (2.1) (3.4) (1.7) (1.6) (1.1) (2.2) (1.6) (3.7) (4.0) (3.1) (9.4) (4.6) (2.8) (2.6) (0.6) (0.9) (4.0) 0.9 (2.0) (3.3) 2.2 (1.8) (3.0) (2.8) (3.0) (0.1) (0.9) (1.5) (2.0) (5.9) (0.7) (1.6) (1.2) (1.3) (0.5) (1.1) (1.2) (0.9) (1.7)
Acquisitions 0 0 0 0 0 0 0 0 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0.0 252.7 0 (4.2) 0 0 171.0 0 0 0 0 0 0 (135.1) 0 0 0 0 0 0
Purchases of Investments (101.8) (270.6) (107.8) (78.1) (103.7) (91.5) (457.4) (85) (281.6) (119.2) (81.9) (0.2) (0.7) (0.2) 0.6 (73.1) (170.1) (201.6) (290.9) (223.5) (131.3) (210.7) (154.3) (30.4) (29.6) (59.4) (37.8) (30.0) (24.2) (66.0) (16.8) (39.1) (82.0) (23.9) (34.6) (17.9) (5.0) (72.2) (41.5) (150.7) (52.1)
Sales/Maturities of Investments 60.3 282.6 85.0 326.3 74.9 76.6 408.4 67.6 274.9 64.5 108.8 31.6 26.8 34.0 44.4 70.1 57.4 80.2 77.0 86.9 61.0 198.5 96.1 44.7 27.7 34.2 51.4 29.4 22.6 21.0 20.1 18.0 16.7 20.2 103.9 34.5 19.5 26.2 36.2 191.0 122.2
Other Investing Activities (113.8) (173.1) 219.1 (103.9) (169.1) (136.5) (160.0) (20.6) 118.8 (117.2) 43.8 43.7 (35.0) (195.0) (510.1) (627.0) (364.5) (252.0) (51.7) (84.8) 87.1 253.7 64.5 (247.5) 54.1 (68.0) (54.5) (122.5) (88.2) (137.8) (72.3) (164.7) (73.5) (49.3) (210.8) (55.3) (44.0) (8.4) (38.6) (32.8) (7.2)
Investing Cash Flow (157.1) (167.9) 194.2 140.8 (199.6) (153.4) (210.5) (40.3) 110.1 (175.5) 66.7 71.9 (18.3) (165.8) (468.0) (632.6) (477.8) (374.3) (269.6) (220.5) 14.8 238.3 261.2 (234.9) 44.9 (96.0) (44.0) 47.8 (90.7) (184.3) (71.0) (191.7) (139.5) (54.6) (142.6) (40.0) (29.9) (55.5) (45.1) 6.7 61.2
Financing Activities
Net Debt Issuance 0 (7.6) (34.9) 1.6 (3.7) (6.2) (130) (1.4) (30.5) 130 (125) 78.1 (50) (365) 540 5.8 (14.8) 0.1 (20) 0.2 (55.2) (201.8) 47.8 0.8 15 (2.5) 65 23.4 (20.2) 16.8 (163.5) 45.7 (54.6) 137.0 (89.3) (0.8) (150.3) 69.6 69.5 (0.4) (18.4)
Stock Repurchased (21.8) (87.9) (23.9) (34.3) (9.9) 0 0 (12.7) 0 0 0 0 (4.9) (7.2) 0 (26.5) (6.2) (7.2) (0.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (10.9) (10.2) (10.2) (8.7) (8.9) (7.9) (7.9) (8.0) (8.0) (7.0) (7.0) (7.0) (7.0) (6.1) (6.1) (6.1) (6.2) (5.3) (5.1) (5.2) (5.3) (4.2) (4.3) (2.9) (2.8) (2.6) (2.5) (2.5) (2.5) (2.5) (1.8) (1.8) 0 0 0 0 0 0 (60) (4.3) (5)
Other Financing Activities 160.2 96.6 (59.2) 199.7 (9.6) 234.2 451.5 (38.1) (48.5) (59.1) (276.8) (310.5) 274.7 906.0 (536.4) (451.3) 161.7 763.9 (131.4) (49.5) 795.0 350.5 33.8 576.7 236.6 8.2 62.7 (54.3) 150.7 42.2 251.7 147.9 99.5 (54.4) 16.4 24.6 25.6 23.9 125.6 34.1 (34.1)
Financing Cash Flow 128.0 (9.1) (127.6) 158.4 (31.7) 220.0 313.6 (60.2) (86.6) 63.8 (408.8) (239.8) 212.8 528.9 (2.0) (478.2) 135.2 751.5 (157.0) (54.6) 734.6 144.5 77.9 573.5 249.2 5.6 125.7 (33.3) 128.4 56.6 86.3 191.5 45.6 82.6 78.0 176.6 (124.8) 94.0 250.7 29.3 (57.5)
Cash Position
Net Change in Cash 1.9 (124.1) 114.3 371.0 (247.8) 90.7 150.8 (69.8) 59.8 (37.4) (312.0) (159.6) 292.9 408.8 (254.6) (870.5) (54.4) 473.2 (392.5) (178.0) 577.2 255.5 344.8 292.5 192.4 (10.3) 78.7 (31.1) 70.1 (56.3) 77.2 30.7 (46.1) 22.6 (89.1) 56.7 (6.8) 19.0 28.4 (25.6) 16.8
Cash at Beginning 1,155.9 1,280.0 1,165.7 794.7 1,042.5 951.8 800.9 870.7 810.9 848.3 1,160.4 1,320.0 1,027.1 618.3 872.9 1,743.3 1,797.7 1,324.6 1,717.1 1,895.1 1,317.9 1,062.4 717.6 425.1 232.7 243.0 164.3 195.4 125.4 181.6 104.4 73.7 119.8 97.2 186.3 129.6 136.3 117.3 88.9 114.6 97.7
Cash at End 1,157.8 1,155.9 1,280.0 1,165.7 794.7 1,042.5 951.8 800.9 870.7 810.9 848.3 1,160.4 1,320.0 1,027.1 618.3 872.9 1,743.3 1,797.7 1,324.6 1,717.1 1,895.1 1,317.9 1,062.4 717.6 425.1 232.7 243.0 164.3 195.4 125.4 181.6 104.4 73.7 119.8 97.2 186.3 129.6 136.3 117.3 88.9 114.6
Free Cash Flow 29.3 46.1 45.6 68.4 (18.1) 22.6 46.7 28.4 34.6 70.7 26.1 5.1 88.9 41.1 212.4 237.6 287.5 95.0 30.0 98.0 (174.2) (130.5) 8.0 (47.9) (104.7) 77.3 (6.1) (45.7) 31.5 69.9 59.9 25.1 47.1 (7.0) (25.4) (81.2) 146.8 (20.6) (178.4) (62.5) 11.5
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 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1
Income Statement
Revenue 251.7 264.0 263.5 147.5 202.7 210.5 169.1 203.0 183.5 190.2 182.0 194.0 182.8 165.1 151.1 143.4 136.5 150.4 155.7 145.6 161.5 178.9 178.2 147.1 112.4 106.9 111.4 104.7 95.0 90.3 97.0 94.8 88.1 92.0 86.2 68.9 64.0 62.9 74.0 69.0 51.7 50.6 43.9 41.6 39.6 34.3 31.5 31.5
Gross Profit 169.3 177.4 139.5 71.5 128.4 125.5 87.6 126.0 106.1 116.1 106.1 126.4 126.5 128.4 122.6 123.1 133.8 153.7 150.0 149.7 163.2 168.8 110.5 110.9 69.4 90.0 94.6 89.1 80.7 76.4 85.3 86.2 81.4 85.0 82.2 66.9 61.6 61.1 71.5 67.5 51.5 49.5 43.9 41.6 39.6 34.3 31.5 31.5
Operating Income 74.2 69.8 29.6 (9.7) 48.8 50.1 11.4 50.9 34.2 35.9 23.1 45.1 46.1 48.2 40.8 26.1 44.5 62.8 55.0 56.7 68.5 58.9 (7.6) 30.3 0.8 27.3 31.7 25.0 25.6 22.7 28.1 29.9 25.2 27.5 13.0 17.8 15.2 13.8 16.0 16.9 9.7 16.8 13.5 13.7 10.8 10.1 13.8 13.8
Net Income 57.5 57.0 23.4 2.9 39.4 37.9 10.2 40.0 27.9 29.4 19.2 35.3 36.4 38.1 31.8 19.3 35.2 48.8 45.3 43.3 52.9 45.6 (5.6) 22.9 0.7 21.6 24.0 18.7 19.6 17.0 21.4 22.1 19.8 23.0 8.4 11.2 9.8 9.0 1.2 15.8 9.2 15.9 7.5 7.9 15.6 0.9 7.9 7.9
EPS (Diluted) 1.10 1.07 0.43 0.06 0.84 0.81 0.22 0.85 0.59 0.63 0.41 0.75 0.78 0.81 0.68 0.41 0.74 1.02 0.94 0.90 1.10 0.95 -0.14 0.70 0.02 0.68 0.76 0.59 0.62 0.54 0.68 0.70 0.63 0.74 0.27 0.43 0.40 0.37 0.07 0.68 0.38 0.66 0.44 0.46 0.91 0.05 0.46 0.46
Balance Sheet
Cash & Equivalents 159.9 942.5 1,280.0 813.6 684.7 916.7 854.5 709.0 769.9 727.6 718.4 1,112.0 1,256.0 816.5 503.1 639.3 1,608.5 1,669.7 1,179.2 1,657.8 1,791.0 1,196.7 943.8 683.0 365.9 101.6 192.5 154.6 188.8 94.0 180.8 84.6 66.5 53.6 92.7 170.0 111.0 123.3 108.4 75.5
Total Assets 16,468.4 16,300.3 16,236.5 13,354.2 13,136.4 13,157.5 12,920.2 12,535.2 12,548.3 12,604.4 12,489.6 12,887.4 13,101.1 12,847.8 12,258.1 12,193.9 12,674.2 12,597.7 11,810.3 11,918.4 11,935.8 11,207.3 11,010.4 7,255.5 6,655.7 6,124.9 6,088.9 5,940.4 5,335.2 5,136.8 5,058.2 4,923.2 4,725.4 4,727.7 4,581.9 3,346.6 3,166.5 3,276.9 3,187.2 2,918.0
Total Debt 272.3 283.2 276.3 223.8 228.1 246.6 241.7 422.9 425.4 468.4 294.2 457.7 379.5 495.0 793.5 206.3 201.3 226.5 221.6 234.4 234.4 299.7 495.5 362.5 362.4 345.7 344.9 296.0 264.3 230.4 211.0 342.9 293.0 580.6 210.9 60.1 62.7 216.5 154.4 85.1
Stockholders' Equity 1,973.9 1,948.2 1,978.0 1,611.1 1,602.0 1,567.5 1,562.3 1,500.5 1,479.5 1,454.8 1,372.9 1,387.0 1,369.7 1,325.4 1,281.2 1,319.9 1,379.8 1,432.6 1,400.9 1,371.7 1,329.1 1,291.3 1,245.0 805.2 782.3 762.3 744.8 718.8 694.6 671.9 648.7 631.0 611.0 596.7 572.5 509.5 342.1 330.5 329.1 265.8
Cash Flow
Operating Cash Flow 31.0 52.8 47.7 71.8 (16.5) 24.1 47.8 30.6 36.3 74.4 30.1 8.2 98.4 45.7 215.3 240.2 288.1 95.9 34.1 97.1 (172.2) (127.2) 5.8 (46.0) (101.7) 80.1 (3.0) (45.6) 32.4 71.5 61.9 31.0 47.8 (5.4) (24.2) (79.9) 147.3 (19.5) (177.2) (61.6) 13.2
Capital Expenditure (1.7) (6.7) (2.1) (3.4) (1.7) (1.6) (1.1) (2.2) (1.6) (3.7) (4.0) (3.1) (9.4) (4.6) (2.8) (2.6) (0.6) (0.9) (4.0) 0.9 (2.0) (3.3) 2.2 (1.8) (3.0) (2.8) (3.0) (0.1) (0.9) (1.5) (2.0) (5.9) (0.7) (1.6) (1.2) (1.3) (0.5) (1.1) (1.2) (0.9) (1.7)
Free Cash Flow 29.3 46.1 45.6 68.4 (18.1) 22.6 46.7 28.4 34.6 70.7 26.1 5.1 88.9 41.1 212.4 237.6 287.5 95.0 30.0 98.0 (174.2) (130.5) 8.0 (47.9) (104.7) 77.3 (6.1) (45.7) 31.5 69.9 59.9 25.1 47.1 (7.0) (25.4) (81.2) 146.8 (20.6) (178.4) (62.5) 11.5