FCEL - FuelCell Energy, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$22.25
DETAILS
HIGH:
$30.00
LOW:
$8.00
MEDIAN:
$25.50
CONSENSUS:
$22.25
UPSIDE:
3.06%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||
| Revenue | 158.2 | 112.1 | 123.4 | 130.5 | 69.6 | 70.9 | 60.8 | 89.4 | 95.7 | 108.3 | 163.1 | 180.3 | 187.7 | 120.6 | 122.6 | 69.8 | 88.0 | 100.7 | 48.2 | 33.3 | 30.4 | 31.4 | 33.8 | 41.2 | 26.2 | 20.7 | 20 | 24.3 | 24.8 | 29.4 | 34 | 30.1 | 22.2 | 17 |
| Cost of Revenue | 184.6 | 148.1 | 133.9 | 160.1 | 85.2 | 78.6 | 82.0 | 86.3 | 92.9 | 108.6 | 150.3 | 166.6 | 180.5 | 120.2 | 135.2 | 88.4 | 118.2 | 150.1 | 75.3 | 71.9 | 65.2 | 67.3 | 86.2 | 77.8 | 33.7 | 4.6 | 12 | 14.2 | 15.2 | 20.7 | 26 | 21.8 | 14 | 10.4 |
| Gross Profit | (26.4) | (35.9) | (10.5) | (29.6) | (15.6) | (7.7) | (21.3) | 3.1 | 2.7 | (0.4) | 12.8 | 13.7 | 7.1 | 0.4 | (12.6) | (18.7) | (30.2) | (49.4) | (27.0) | (38.6) | (34.9) | (35.9) | (52.4) | (36.6) | (7.5) | 16.2 | 8 | 10.1 | 9.6 | 8.7 | 8 | 8.3 | 8.2 | 6.6 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||
| R&D Expenses | 34.1 | 55.4 | 61.0 | 34.5 | 11.3 | 4.8 | 13.8 | 22.8 | 20.4 | 20.8 | 17.4 | 18.2 | 15.7 | 14.4 | 16.8 | 18.6 | 19.3 | 23.5 | 27.5 | 24.7 | 21.8 | 26.7 | 8.5 | 6.8 | 3.1 | 13.1 | 1.8 | 2.3 | 1.3 | 1.3 | 0.9 | 1.3 | 0 | 0 |
| SG&A Expenses | 60.7 | 64.6 | 64.5 | 79.6 | 37.9 | 26.6 | 31.9 | 24.9 | 25.9 | 25.1 | 24.2 | 22.8 | 21.2 | 18.2 | 16.3 | 17.1 | 17.4 | 20.0 | 18.6 | 17.8 | 14.2 | 14.9 | 12.6 | 10.5 | 9.0 | 7.9 | 6.6 | 7 | 6.1 | 4.8 | 4.7 | 4.7 | 5.8 | 5.2 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.7 | 1.9 | 1.8 | 1.9 | 2.2 | 2.2 | 2.1 | 2 | 1.9 | 1.2 |
| Operating Expenses | 94.8 | 120.0 | 125.5 | 114.1 | 49.3 | 31.4 | 45.7 | 47.7 | 46.3 | 46.0 | 41.7 | 41.0 | 36.9 | 32.6 | 33.1 | 35.7 | 36.7 | 43.4 | 46.1 | 42.5 | 36.0 | 41.6 | 21.1 | 17.3 | 13.8 | 22.9 | 10.2 | 11.2 | 9.6 | 8.3 | 7.7 | 8 | 7.7 | 6.4 |
| Operating Income | ||||||||||||||||||||||||||||||||||
| Operating Income | (121.2) | (155.9) | (136.1) | (143.7) | (64.9) | (39.2) | (66.9) | (44.6) | (44.9) | (46.4) | (28.9) | (27.3) | (29.8) | (32.1) | (45.7) | (54.4) | (67.0) | (92.8) | (73.1) | (81.0) | (70.9) | (89.6) | (73.6) | (53.8) | (21.3) | (6.7) | (2.2) | (1.1) | (1) | 0.4 | 0.3 | 0.3 | 0.5 | 0.2 |
| Interest Expense | 10.4 | 9.7 | 7.2 | 6.4 | 7.4 | 15.3 | 10.6 | 9.1 | 9.2 | 5.0 | 3.0 | 3.6 | 4.0 | 2.3 | 2.6 | 0.1 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 8.3 | 13.7 | 15.8 | 3.4 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.4 | 0.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||||
| EBITDA | (140.5) | (110.9) | (74.9) | (118.7) | (73.8) | (54.4) | (55.1) | (33.2) | (37.1) | (41.2) | (22.4) | (30.4) | (26.9) | (28.3) | (36.3) | (48.7) | (59.8) | (82.6) | (64.0) | (71.7) | (63.6) | (69.0) | (67.2) | (50.0) | (19.2) | (4.9) | (0.4) | 0.8 | 1.2 | 2.6 | 2.4 | 2.3 | 2.4 | 1.4 |
| EBIT | (180.9) | (147.1) | (100.2) | (140.0) | (93.7) | (73.8) | (67.4) | (41.3) | (45.6) | (46.1) | (26.4) | (34.8) | (31.0) | (33.5) | (43.4) | (56.1) | (68.4) | (92.8) | (73.1) | (81.0) | (70.9) | (77.4) | (73.6) | (53.8) | (21.3) | (6.7) | (2.2) | (1.1) | (2) | 0.4 | 0.3 | 0.3 | 0.5 | 0.2 |
| Income Before Tax | (191.2) | (156.8) | (107.5) | (146.4) | (101.0) | (89.1) | (77.5) | (50.3) | (53.9) | (50.7) | (29.4) | (38.4) | (34.9) | (35.8) | (45.9) | (56.2) | (69.3) | (91.5) | (68.7) | (76.2) | (66.9) | (87.3) | (67.4) | (48.8) | (15.4) | (6.5) | (0.7) | (0.1) | 0.6 | 0.8 | 0.6 | 0.3 | 0.5 | 0.2 |
| Income Tax Expense | 0.1 | 0.0 | 0.6 | 0.8 | 0.0 | 0.0 | 0.1 | (3.0) | 0.0 | 0.5 | 0.3 | 0.5 | 0.4 | 0.1 | 0.1 | 0.1 | 2.3 | 0.6 | 0 | (4.7) | 0 | 0 | 0 | 0.0 | 0 | (2.5) | 0.3 | (1.7) | 0.2 | 0.3 | 0.2 | 0.1 | 0.2 | 0.1 |
| Net Income | (187.9) | (126.0) | (107.6) | (142.7) | (101.0) | (89.1) | (77.6) | (47.3) | (53.9) | (51.0) | (29.4) | (38.1) | (34.4) | (35.5) | (45.7) | (53.3) | (69.3) | (93.4) | (68.7) | (76.1) | (68.2) | (86.4) | (67.4) | (48.8) | (15.4) | (4.5) | (1) | (0.4) | 0.4 | 0.5 | 0.4 | 0.2 | 0.3 | 0.1 |
| Per Share Data | ||||||||||||||||||||||||||||||||||
| EPS (Basic) | -7.42 | -0.53 | -0.26 | -0.39 | -0.31 | -0.42 | -1.82 | -9.01 | -13.73 | -21.84 | -15.96 | -24.24 | -29.04 | -30.89 | -52.87 | -81.71 | -137.83 | -196.05 | -159.53 | -214.69 | -203.45 | -260.01 | -246.75 | -179.71 | -64.70 | -22.69 | -5.78 | -3.24 | 2.88 | 3.12 | 3.24 | 1.08 | 2.16 | 0.65 |
| EPS (Diluted) | -7.42 | -0.49 | -0.26 | -0.38 | -0.30 | -0.40 | -1.41 | -6.86 | -12.96 | -20.54 | -14.37 | -22.35 | -26.52 | -30.89 | -52.87 | -81.71 | -137.83 | -196.05 | -159.53 | -214.69 | -203.45 | -260.01 | -246.75 | -179.71 | -64.70 | -22.69 | -5.76 | -3.24 | 2.88 | 2.95 | 3.24 | 1.08 | 2.16 | 0.65 |
| Shares Outstanding | 25.7 | 243.5 | 407.6 | 374.7 | 324.5 | 212.2 | 42.6 | 5.3 | 3.9 | 2.3 | 1.8 | 1.6 | 1.2 | 1.1 | 0.9 | 0.7 | 0.5 | 0.5 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | 0.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 278.1 | 148.1 | 250.0 | 458.1 | 432.2 | 149.9 | 9.4 | 39.3 | 49.3 | 84.2 | 58.9 | 83.7 | 67.7 | 46.9 | 51.4 | 20.5 | 57.8 | 38.0 | 93.0 | 26.2 | 22.7 | 45.8 | 41 | 102.5 | 256.9 | 74.8 | 6.2 | 10.3 | 6.8 | 7.6 | 5.4 | 2 | 6.7 | 5.8 |
| Short-Term Investments | 0 | 109.1 | 103.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.0 | 25.0 | 7.0 | 30.4 | 60.6 | 81.3 | 113.3 | 106.6 | 93.8 | 103.5 | 17.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 53.0 | 48.6 | 20.1 | 15.9 | 23.7 | 17.6 | 11.0 | 23.0 | 68.5 | 24.6 | 60.8 | 64.9 | 49.1 | 36.0 | 21.9 | 18.1 | 22.9 | 16.1 | 12.6 | 10.2 | 11.5 | 7.6 | 4.9 | 10.4 | 7.1 | 3.5 | 2.3 | 3.8 | 2.8 | 2.8 | 3.2 | 7.4 | 4.2 | 4.7 |
| Inventory | 86.2 | 113.7 | 84.5 | 90.9 | 67.1 | 51.0 | 54.5 | 53.6 | 74.5 | 73.8 | 65.8 | 55.9 | 56.2 | 47.7 | 40.1 | 33.4 | 25.4 | 24.5 | 29.6 | 14.1 | 12.1 | 14.6 | 16.0 | 14.0 | 6.3 | 0.3 | 1.2 | 0 | 0 | 0.1 | 0.2 | 0.1 | 0 | 1.2 |
| Other Current Assets | 32.5 | 24.9 | 18.0 | 15.4 | 11.3 | 9.2 | 3.5 | 5.9 | 4.8 | 9.6 | 11.7 | 5.7 | 5.5 | 5.3 | 7.5 | 5.3 | 6.5 | 9.0 | 4.1 | 0.8 | 0.6 | 4.3 | 5.1 | 4.3 | 1.0 | 0.9 | 0.7 | 1.8 | 0.6 | 2.4 | 4.2 | 2.7 | 0.1 | 0.1 |
| Total Current Assets | 449.8 | 444.5 | 476.3 | 580.3 | 543.4 | 234.0 | 84.3 | 130.3 | 203.5 | 202.5 | 203.9 | 203.1 | 189.3 | 145.9 | 132.9 | 102.2 | 119.7 | 118.0 | 201.0 | 133.7 | 161.9 | 178.9 | 160.8 | 234.7 | 289.2 | 79.4 | 10.4 | 15.9 | 10.2 | 12.9 | 13 | 12.2 | 11 | 11.8 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 324.5 | 380.9 | 356.1 | 298.2 | 270.8 | 208.2 | 185.2 | 147.8 | 43.6 | 36.6 | 29.0 | 25.8 | 24.2 | 23.3 | 23.9 | 26.7 | 32.4 | 38.3 | 39.6 | 48.1 | 46.7 | 42.3 | 39.8 | 38.7 | 27.2 | 9.8 | 7.2 | 8.3 | 8.3 | 7.2 | 7.3 | 7.5 | 7.9 | 8.8 |
| Goodwill | 0 | 4.1 | 4.1 | 4.1 | 4.1 | 4.1 | 4.1 | 4.1 | 4.1 | 4.1 | 4.1 | 4.1 | 4.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 3.9 | 14.8 | 16.1 | 17.4 | 18.7 | 20.0 | 21.3 | 9.6 | 9.6 | 9.6 | 9.6 | 9.6 | 9.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.1 | 10.5 | 18.9 | 10.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 153.9 | 99.9 | 103.0 | 39.8 | 38.3 | 57.3 | 38.5 | 48.6 | 123.0 | 88.2 | 30.7 | 24.1 | 10.4 | 21.5 | 16.3 | 2.7 | 0.6 | 29.2 | 12.6 | 24.8 | 56.9 | 15.4 | 22.8 | 16.4 | 17.3 | 1.8 | 2.2 | 2.6 | 2.9 | 3.4 | 3.5 | 2.8 | 1.8 | 0.9 |
| Total Non-Current Assets | 482.3 | 499.7 | 479.2 | 359.4 | 331.9 | 289.6 | 249.1 | 210.1 | 180.3 | 138.5 | 73.3 | 63.6 | 48.3 | 50.9 | 50.7 | 48.3 | 43.0 | 67.5 | 52.2 | 72.9 | 103.6 | 57.6 | 62.6 | 55.1 | 44.8 | 11.6 | 9.4 | 10.9 | 11.2 | 10.6 | 10.8 | 10.3 | 9.7 | 9.7 |
| Total Assets | 932.1 | 944.1 | 955.5 | 939.7 | 875.2 | 523.5 | 333.4 | 340.4 | 383.8 | 340.7 | 277.2 | 280.6 | 237.6 | 191.5 | 183.6 | 150.5 | 162.7 | 185.5 | 253.2 | 206.7 | 265.5 | 236.5 | 223.4 | 289.8 | 334.0 | 91.0 | 19.8 | 26.8 | 21.4 | 23.5 | 23.8 | 22.5 | 20.7 | 21.5 |
| Current Liabilities | ||||||||||||||||||||||||||||||||||
| Account Payables | 17.0 | 22.6 | 26.5 | 28.2 | 19.3 | 9.6 | 16.9 | 22.6 | 42.6 | 18.5 | 15.7 | 23.0 | 24.5 | 12.5 | 14.1 | 10.3 | 10.1 | 17.0 | 12.4 | 12.5 | 6.2 | 9.5 | 6.7 | 4.7 | 4.7 | 1.6 | 0.5 | 0.6 | 0.9 | 1.2 | 2.4 | 3 | 1.1 | 1.7 |
| Short-Term Debt | 15.8 | 15.9 | 10.1 | 13.2 | 10.1 | 21.4 | 21.9 | 17.6 | 28.3 | 5.0 | 7.4 | 1.4 | 6.9 | 5.2 | 5.1 | 1.0 | 1.0 | 0.8 | 0.9 | 0.7 | 0.5 | 0.5 | 0.3 | 0.3 | 0.2 | 1.6 | 0.3 | 0.8 | 1.7 | 2.4 | 0.7 | 0.5 | 0.6 | 0.6 |
| Deferred Revenue | 2.7 | 4.2 | 2.4 | 16.3 | 6.3 | 10.4 | 11.5 | 11.3 | 8.0 | 6.8 | 31.8 | 37.6 | 51.9 | 45.9 | 64.1 | 25.5 | 17.0 | 29.6 | 20.5 | 9.8 | 7.4 | 6.7 | 4.4 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 2.2 | 2.2 | 0 | 0 | 0 | 0.9 | 0.9 | 1.0 | 0.8 | 0.8 | 0.8 | 1.0 | 1.0 | 1.1 | 8.5 | 3.4 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.0 | 3.5 | 1.4 | 4.3 | 2.4 | 4.2 | 1.2 | 1.2 | 1.7 | 1.1 | 1 | 1.1 |
| Total Current Liabilities | 67.8 | 73.9 | 65.9 | 85.8 | 52.8 | 58.9 | 62.7 | 60.1 | 98.1 | 52.3 | 74.9 | 61.2 | 106.3 | 84.9 | 114.2 | 54.0 | 42.5 | 58.4 | 42.3 | 27.8 | 23.1 | 22.1 | 16.8 | 16.4 | 13.1 | 7.6 | 3.2 | 5.6 | 3.8 | 4.8 | 4.8 | 4.6 | 2.7 | 3.4 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||||
| Long-Term Debt | 115.2 | 130.8 | 119.6 | 82.9 | 78.6 | 150.7 | 90.1 | 71.6 | 63.8 | 80.9 | 13.0 | 13.4 | 52.7 | 4.0 | 4.1 | 4.1 | 4.4 | 4.1 | 0.6 | 0.7 | 0.9 | 1.5 | 1.5 | 1.7 | 1.3 | 0 | 1.6 | 1.9 | 2.7 | 4.4 | 6.5 | 5.9 | 6.2 | 6.7 |
| 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 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 18.3 | 16.3 | 15.0 | 14.2 | 12.6 | 12.1 | 13.2 | 13.3 | 13.1 | 72.7 | 76.7 | 60.0 | 62.6 | 64.4 | 65.1 | 101.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.1) | 0.1 | 0.1 | 0.3 | 0.2 |
| Total Non-Current Liabilities | 133.2 | 142.8 | 129.3 | 99.5 | 117.2 | 210.2 | 135.1 | 103.4 | 96.9 | 115.6 | 47.7 | 47.3 | 84.7 | 92.5 | 83.8 | 88.8 | 74.5 | 66.7 | 65.0 | 67.4 | 0.9 | 1.5 | 1.5 | 1.7 | 1.3 | 3.3 | 1.6 | 2.1 | 2.8 | 4.6 | 6.8 | 6.2 | 6.6 | 7 |
| Total Liabilities | 201.0 | 216.7 | 195.2 | 185.3 | 169.9 | 269.1 | 197.9 | 163.5 | 195.0 | 166.5 | 122.6 | 122.3 | 191.0 | 117.5 | 198.0 | 142.8 | 116.4 | 125.1 | 107.3 | 95.2 | 123.0 | 23.5 | 18.3 | 18.1 | 14.3 | 7.6 | 4.8 | 7.7 | 6.6 | 9.4 | 11.6 | 10.8 | 9.3 | 10.4 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | (1,829.4) | (1,641.5) | (1,515.5) | (1,408.0) | (1,265.3) | (1,164.2) | (1,075.1) | (990.9) | (943.5) | (889.6) | (838.7) | (809.3) | (771.2) | (736.8) | (701.3) | (655.6) | (600.6) | (531.3) | (437.9) | (369.3) | (290.3) | (221.9) | (135.5) | (68.1) | (19.2) | (3.8) | 0.7 | 2.3 | 2.7 | 2.3 | 1.8 | 1.3 | 1.1 | 0.8 |
| Accumulated Other Comprehensive Income | (1.7) | (1.6) | (1.7) | (1.8) | (0.8) | (0.7) | (0.6) | (0.4) | (0.4) | (0.5) | (0.5) | (0.2) | 0.1 | 0.1 | 0.0 | 0.0 | (0.0) | 0.1 | 0.1 | 0.2 | 0.0 | 10.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 722.0 | 716.8 | 742.4 | 744.2 | 702.3 | 254.4 | 135.6 | 176.9 | 188.8 | 174.3 | 155.2 | 159.8 | 47.4 | 74.4 | (13.5) | 8.3 | 31.3 | 47.1 | 134.0 | 100.8 | 131.0 | 213.0 | 205.1 | 271.7 | 319.7 | 83.3 | 14.8 | 15.9 | 14.8 | 14.1 | 12.2 | 11.7 | 11.4 | 11.1 |
| Total Liabilities & Equity | 932.1 | 944.1 | 955.5 | 939.7 | 875.2 | 523.5 | 333.4 | 340.4 | 383.8 | 340.7 | 277.2 | 280.6 | 237.6 | 191.5 | 183.6 | 150.5 | 162.7 | 185.5 | 253.2 | 206.7 | 265.5 | 236.5 | 223.4 | 289.8 | 334.0 | 91.0 | 19.8 | 26.8 | 21.4 | 23.5 | 23.8 | 22.5 | 20.7 | 21.5 |
| Debt Metrics | ||||||||||||||||||||||||||||||||||
| Total Debt | 144.0 | 156.5 | 139.2 | 104.3 | 97.8 | 182.8 | 112.1 | 89.2 | 92.0 | 85.9 | 20.4 | 14.8 | 59.6 | 9.1 | 9.2 | 5.0 | 5.4 | 4.9 | 1.5 | 1.3 | 1.4 | 2.0 | 1.8 | 2.0 | 1.4 | 1.6 | 1.9 | 2.7 | 4.4 | 6.8 | 7.2 | 6.4 | 6.8 | 7.3 |
| Net Debt | (134.1) | 8.3 | (110.7) | (353.8) | (334.4) | 32.9 | 102.6 | 49.9 | 42.7 | 1.7 | (38.5) | (68.9) | (8.1) | (37.7) | (42.3) | (15.4) | (52.4) | (33.2) | (91.5) | (24.9) | (21.3) | (43.7) | (39.2) | (100.5) | (255.4) | (73.1) | (4.3) | (7.6) | (2.4) | (0.8) | 1.8 | 4.4 | 0.1 | 1.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||
| Net Income | (191.4) | (156.8) | (108.1) | (147.2) | (101.0) | (89.1) | (77.6) | (47.3) | (53.9) | (51.2) | (29.7) | (38.9) | (35.3) | (35.9) | (46.0) | (56.3) | (68.7) | (93.4) | (68.7) | (76.1) | (68.2) | (86.4) | (67.4) | (48.8) | (15.4) | (4.5) | (1) | (0.4) | 0.4 | 0.5 | 0.4 | 0.2 | 0.3 | 0.1 |
| Depreciation & Amortization | 40.4 | 36.2 | 25.4 | 21.3 | 19.9 | 19.4 | 12.4 | 8.6 | 8.5 | 4.9 | 4.1 | 4.4 | 4.1 | 5.2 | 6.4 | 7.4 | 8.6 | 8.8 | 9.2 | 9.4 | 7.3 | 8.4 | 6.4 | 3.8 | 2.0 | 1.9 | 1.8 | 1.9 | 2.2 | 2.2 | 2.1 | 2 | 1.9 | 1.2 |
| Stock-Based Compensation | 11.1 | 11.8 | 12.0 | 6.8 | 4.3 | 1.9 | 2.8 | 3.2 | 4.6 | 3.4 | 3.2 | 2.9 | 2.2 | 2.1 | 2.6 | 3.0 | 4.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (49.8) | (57.8) | (53.0) | (1.5) | (31.9) | (15.1) | 4.2 | 48.3 | (38.1) | (7.1) | (22.0) | (35.8) | 8.9 | (36.1) | 25.4 | 6.7 | (13.8) | 13.4 | (3.9) | 12.5 | 0.8 | 2.1 | 2.2 | (10.3) | (3.1) | 2.7 | (1.5) | 1.4 | (0.4) | (1.3) | 4.2 | (1.5) | 0.9 | (1.6) |
| Other Non-Cash Items | 64.4 | 13.8 | (16.5) | 8.5 | 38.4 | 46.2 | 27.6 | 6.6 | 7.1 | 3.3 | 0.1 | 9.9 | 3.4 | 6.1 | 3.1 | 4.3 | 3.9 | 9.8 | 7.4 | 5.8 | 4.1 | 11.9 | (0.0) | (0.0) | 0.1 | 0.2 | 0.2 | 0.3 | 0.1 | 0 | 0.2 | 0.3 | 0.1 | 0.1 |
| Operating Cash Flow | (125.3) | (152.9) | (140.2) | (112.2) | (70.4) | (36.8) | (30.6) | 16.3 | (71.8) | (46.6) | (44.3) | (57.5) | (16.7) | (58.7) | (8.5) | (35.0) | (65.2) | (61.4) | (56.0) | (48.4) | (56.0) | (64.1) | (58.8) | (55.1) | (16.4) | 0.3 | 0.1 | 2.5 | 2.2 | 1.4 | 6.9 | 0.9 | 3.2 | (0.2) |
| Investing Activities | ||||||||||||||||||||||||||||||||||
| Capital Expenditure | (22.5) | (59.6) | (92.4) | (46.7) | (73.2) | (31.9) | (33.8) | (51.3) | (32.1) | (7.7) | (6.9) | (6.3) | (6.6) | (4.5) | (3.4) | (2.5) | (2.6) | (7.4) | (4.4) | (11.3) | (14.1) | (7.9) | (6.6) | (15.4) | (19.1) | (4.2) | (1.2) | (1.7) | (2.8) | (1.9) | (1.5) | (1.3) | (0.7) | (1.4) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 | 0 | 0 | 0 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (661.0) | (835.7) | (299.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (33.0) | (60.3) | (0.6) | 0 | (277.7) | (139.7) | (432.4) | (96.4) | (150.7) | (167.3) | (33.7) | 0 | 0 | 0 | 0 | 0 | (3.9) | (0.4) | 0 | 0 |
| Sales/Maturities of Investments | 772.4 | 835.2 | 199.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 0 | 32.5 | 41 | 0 | 312.1 | 202.8 | 382.6 | 101.5 | 155.7 | 82.5 | 0 | 0 | 0 | 0 | 2 | 2 | 2.3 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | (0.6) | (35.5) | 0 | 0 | (33.7) | 0 | (0.8) | 0 | 0 | 54.4 | 0 | 0 | 11.2 | (2) | 0 | 0 | 68.9 | (1.5) | (0.5) | 0 | 0.0 | 0.3 | 0 | (0.1) | (0.1) | (1.2) | (1.4) | (1.1) | 0 |
| Investing Cash Flow | 88.9 | (60.0) | (192.4) | (46.7) | (73.2) | (32.5) | (69.3) | (51.3) | (31.4) | (41.5) | (6.9) | (7.1) | (6.2) | 7.5 | 18.0 | (30.3) | 37.8 | 3.8 | 28.0 | 51.8 | (63.9) | 66.1 | (3.2) | (100.7) | (52.8) | (4.1) | (0.9) | (1.7) | (0.9) | 0 | (4.3) | (3.1) | (1.8) | (1.4) |
| Financing Activities | ||||||||||||||||||||||||||||||||||
| Net Debt Issuance | (14.4) | 11.4 | 52.7 | (9.5) | (88.5) | 57.6 | 21.2 | (3.5) | 9.3 | 55.5 | 5.2 | (5.7) | 44.9 | (0.2) | 3.7 | (0.4) | 0.2 | 3.1 | (0.1) | (0.3) | (0.5) | (0.2) | (0.3) | 0.6 | (0.2) | (0.3) | (0.7) | (1.7) | (2.4) | 0.3 | 0.7 | (0.6) | (0.6) | 0.3 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (3.2) | (3.2) | (3.2) | (3.2) | (3.2) | (6.5) | (1.8) | (4.2) | (4.2) | (4.2) | (4.2) | (4.3) | (4.4) | (7.6) | (15.2) | (3.7) | (3.6) | (3.6) | (3.6) | (8.9) | (4.4) | (0.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 1.2 | 21.3 | 4.1 | 9.7 | (1.7) | (2.7) | (3.3) | (0.4) | (0.2) | (1.8) | 0 | 0 | (1.8) | (1.2) | 0.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.3) | 57.6 | (3.1) | 3.4 | 0.1 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 169.3 | 122.2 | 151.1 | 180.6 | 411.9 | 221.7 | 59.7 | 27.7 | 72.3 | 120.7 | 28.2 | 95.9 | 43.6 | 55.0 | 22.0 | 27.9 | 47.2 | 2.6 | 94.7 | 0.2 | 96.8 | 2.7 | 0.5 | 1.4 | 251.3 | 72.4 | (3.3) | 2.6 | (2.1) | 0.7 | 0.8 | (0.5) | (0.6) | 6.2 |
| Cash Position | ||||||||||||||||||||||||||||||||||
| Net Change in Cash | 132.9 | (90.7) | (181.5) | 20.8 | 268.2 | 152.3 | (40.5) | (7.2) | (30.9) | 32.6 | (23.1) | 31.1 | 20.8 | 3.9 | 31.6 | (37.4) | 19.8 | (55.0) | 66.8 | 3.5 | (23.1) | 4.8 | (61.5) | (154.4) | 182.1 | 68.6 | (4.1) | 3.5 | (0.8) | (5.4) | (2) | (4.7) | (5.8) | (1.2) |
| Cash at Beginning | 208.9 | 299.6 | 481.0 | 460.2 | 192.1 | 39.8 | 80.2 | 87.4 | 118.3 | 85.7 | 108.8 | 77.7 | 46.9 | 43.0 | 11.4 | 57.8 | 38.0 | 93.0 | 26.2 | 22.7 | 45.8 | 41 | 102.5 | 256.9 | 74.8 | 6.2 | 10.3 | 6.8 | 7.6 | 5.4 | 2 | 4.7 | 5.8 | 1.2 |
| Cash at End | 341.8 | 208.9 | 299.6 | 481.0 | 460.2 | 192.1 | 39.8 | 80.2 | 87.4 | 118.3 | 85.7 | 108.8 | 67.7 | 46.9 | 43.0 | 20.5 | 57.8 | 38.0 | 93.0 | 26.2 | 22.7 | 45.8 | 41 | 102.5 | 256.9 | 74.8 | 6.2 | 10.3 | 6.8 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | (147.8) | (212.5) | (232.6) | (158.8) | (143.7) | (68.7) | (64.4) | (34.9) | (103.9) | (54.3) | (51.2) | (63.8) | (23.2) | (63.1) | (11.8) | (37.5) | (67.8) | (68.8) | (60.4) | (59.7) | (70.0) | (72.0) | (65.5) | (70.5) | (35.5) | (3.8) | (1.1) | 0.8 | (0.6) | (0.5) | 5.4 | (0.4) | 2.5 | (1.6) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||||
| Revenue | 158.2 | 112.1 | 123.4 | 130.5 | 69.6 | 70.9 | 60.8 | 89.4 | 95.7 | 108.3 | 163.1 | 180.3 | 187.7 | 120.6 | 122.6 | 69.8 | 88.0 | 100.7 | 48.2 | 33.3 | 30.4 | 31.4 | 33.8 | 41.2 | 26.2 | 20.7 | 20 | 24.3 | 24.8 | 29.4 | 34 | 30.1 | 22.2 | 17 |
| Gross Profit | (26.4) | (35.9) | (10.5) | (29.6) | (15.6) | (7.7) | (21.3) | 3.1 | 2.7 | (0.4) | 12.8 | 13.7 | 7.1 | 0.4 | (12.6) | (18.7) | (30.2) | (49.4) | (27.0) | (38.6) | (34.9) | (35.9) | (52.4) | (36.6) | (7.5) | 16.2 | 8 | 10.1 | 9.6 | 8.7 | 8 | 8.3 | 8.2 | 6.6 |
| Operating Income | (121.2) | (155.9) | (136.1) | (143.7) | (64.9) | (39.2) | (66.9) | (44.6) | (44.9) | (46.4) | (28.9) | (27.3) | (29.8) | (32.1) | (45.7) | (54.4) | (67.0) | (92.8) | (73.1) | (81.0) | (70.9) | (89.6) | (73.6) | (53.8) | (21.3) | (6.7) | (2.2) | (1.1) | (1) | 0.4 | 0.3 | 0.3 | 0.5 | 0.2 |
| Net Income | (187.9) | (126.0) | (107.6) | (142.7) | (101.0) | (89.1) | (77.6) | (47.3) | (53.9) | (51.0) | (29.4) | (38.1) | (34.4) | (35.5) | (45.7) | (53.3) | (69.3) | (93.4) | (68.7) | (76.1) | (68.2) | (86.4) | (67.4) | (48.8) | (15.4) | (4.5) | (1) | (0.4) | 0.4 | 0.5 | 0.4 | 0.2 | 0.3 | 0.1 |
| EPS (Diluted) | -7.42 | -0.49 | -0.26 | -0.38 | -0.30 | -0.40 | -1.41 | -6.86 | -12.96 | -20.54 | -14.37 | -22.35 | -26.52 | -30.89 | -52.87 | -81.71 | -137.83 | -196.05 | -159.53 | -214.69 | -203.45 | -260.01 | -246.75 | -179.71 | -64.70 | -22.69 | -5.76 | -3.24 | 2.88 | 2.95 | 3.24 | 1.08 | 2.16 | 0.65 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 278.1 | 148.1 | 250.0 | 458.1 | 432.2 | 149.9 | 9.4 | 39.3 | 49.3 | 84.2 | 58.9 | 83.7 | 67.7 | 46.9 | 51.4 | 20.5 | 57.8 | 38.0 | 93.0 | 26.2 | 22.7 | 45.8 | 41 | 102.5 | 256.9 | 74.8 | 6.2 | 10.3 | 6.8 | 7.6 | 5.4 | 2 | 6.7 | 5.8 |
| Total Assets | 932.1 | 944.1 | 955.5 | 939.7 | 875.2 | 523.5 | 333.4 | 340.4 | 383.8 | 340.7 | 277.2 | 280.6 | 237.6 | 191.5 | 183.6 | 150.5 | 162.7 | 185.5 | 253.2 | 206.7 | 265.5 | 236.5 | 223.4 | 289.8 | 334.0 | 91.0 | 19.8 | 26.8 | 21.4 | 23.5 | 23.8 | 22.5 | 20.7 | 21.5 |
| Total Debt | 144.0 | 156.5 | 139.2 | 104.3 | 97.8 | 182.8 | 112.1 | 89.2 | 92.0 | 85.9 | 20.4 | 14.8 | 59.6 | 9.1 | 9.2 | 5.0 | 5.4 | 4.9 | 1.5 | 1.3 | 1.4 | 2.0 | 1.8 | 2.0 | 1.4 | 1.6 | 1.9 | 2.7 | 4.4 | 6.8 | 7.2 | 6.4 | 6.8 | 7.3 |
| Stockholders' Equity | 722.0 | 716.8 | 742.4 | 744.2 | 702.3 | 254.4 | 135.6 | 176.9 | 188.8 | 174.3 | 155.2 | 159.8 | 47.4 | 74.4 | (13.5) | 8.3 | 31.3 | 47.1 | 134.0 | 100.8 | 131.0 | 213.0 | 205.1 | 271.7 | 319.7 | 83.3 | 14.8 | 15.9 | 14.8 | 14.1 | 12.2 | 11.7 | 11.4 | 11.1 |
| Cash Flow | ||||||||||||||||||||||||||||||||||
| Operating Cash Flow | (125.3) | (152.9) | (140.2) | (112.2) | (70.4) | (36.8) | (30.6) | 16.3 | (71.8) | (46.6) | (44.3) | (57.5) | (16.7) | (58.7) | (8.5) | (35.0) | (65.2) | (61.4) | (56.0) | (48.4) | (56.0) | (64.1) | (58.8) | (55.1) | (16.4) | 0.3 | 0.1 | 2.5 | 2.2 | 1.4 | 6.9 | 0.9 | 3.2 | (0.2) |
| Capital Expenditure | (22.5) | (59.6) | (92.4) | (46.7) | (73.2) | (31.9) | (33.8) | (51.3) | (32.1) | (7.7) | (6.9) | (6.3) | (6.6) | (4.5) | (3.4) | (2.5) | (2.6) | (7.4) | (4.4) | (11.3) | (14.1) | (7.9) | (6.6) | (15.4) | (19.1) | (4.2) | (1.2) | (1.7) | (2.8) | (1.9) | (1.5) | (1.3) | (0.7) | (1.4) |
| Free Cash Flow | (147.8) | (212.5) | (232.6) | (158.8) | (143.7) | (68.7) | (64.4) | (34.9) | (103.9) | (54.3) | (51.2) | (63.8) | (23.2) | (63.1) | (11.8) | (37.5) | (67.8) | (68.8) | (60.4) | (59.7) | (70.0) | (72.0) | (65.5) | (70.5) | (35.5) | (3.8) | (1.1) | 0.8 | (0.6) | (0.5) | 5.4 | (0.4) | 2.5 | (1.6) |