FWRD - Forward Air Corporation
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$17.50
DETAILS
HIGH:
$18.00
LOW:
$17.00
MEDIAN:
$17.50
CONSENSUS:
$17.50
UPSIDE:
98.86%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 2,495.1 | 2,474.3 | 1,370.7 | 1,679.6 | 1,387.2 | 1,269.6 | 1,215.2 | 1,320.9 | 1,100.8 | 982.5 | 959.1 | 781.0 | 652.5 | 584.4 | 536.4 | 483.9 | 417.4 | 474.4 | 392.7 | 352.8 | 320.9 | 282.2 | 241.5 | 226.1 | 227.5 | 214.9 | 170.8 | 130.4 | 190.4 | 157.1 | 148.1 | 135 | 95.3 |
| Cost of Revenue | 1,984.2 | 2,134.6 | 1,040.6 | 1,188.0 | 1,073.3 | 1,040.5 | 961.4 | 1,054.8 | 864.3 | 767.3 | 768.7 | 602.0 | 504.8 | 446.8 | 269.0 | 175.2 | 144.7 | 181.0 | 222.1 | 194.0 | 176.5 | 159.1 | 139.8 | 135.5 | 136.5 | 124.6 | 101.1 | 78.9 | 108.4 | 93.9 | 62.4 | 59.5 | 41.5 |
| Gross Profit | 510.9 | 339.7 | 330.2 | 491.7 | 314.0 | 229.1 | 253.8 | 266.0 | 236.5 | 215.2 | 190.4 | 179.0 | 147.7 | 137.7 | 267.4 | 308.8 | 272.7 | 293.4 | 170.7 | 158.8 | 144.5 | 123.1 | 101.7 | 90.6 | 91.0 | 90.3 | 69.8 | 51.5 | 82.0 | 63.2 | 85.7 | 75.5 | 53.8 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 2.1 | 0 | 1.8 | 1.8 | 1.7 | 1.5 | 1.5 | 1.2 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 0 | 64.7 | 50.1 | 47.5 | 39.4 | 34.9 | 38.7 | 35.2 | 29.6 | 25.4 | 21.5 | 15.7 | 12.6 | 11.3 | 130.7 | 129.1 | 118.6 | 124.6 | 96.5 | 86.4 | 78.5 | 73.5 | 64.6 | 58.1 | 65.8 | 54.5 | 42.3 | 36.0 | 72.9 | 60.1 | 43.7 | 39.2 | 46.1 |
| Other Expenses | 474.5 | 1,337.9 | 191.8 | 196.6 | 127.5 | 118.2 | 102.7 | (0.0) | (0.0) | 0.0 | (0.1) | 0.3 | 0.1 | 0.0 | 59.7 | 56.6 | 54.1 | 0 | 321.7 | 196.9 | 180.2 | 160.5 | 141.9 | 139.1 | 137.4 | 126.7 | 104.1 | 80.8 | 110.2 | 96.0 | 8.7 | 6.4 | 3.4 |
| Operating Expenses | 474.5 | 1,402.6 | 241.9 | 244.1 | 166.9 | 155.2 | 141.4 | 144.0 | 127.8 | 112.8 | 108.6 | 82.6 | 63.3 | 54.1 | 190.3 | 185.7 | 172.7 | 207.0 | 329.4 | 283.3 | 258.7 | 234.0 | 206.5 | 197.2 | 203.3 | 181.2 | 146.4 | 116.8 | 183.1 | 156.1 | 52.4 | 45.6 | 49.5 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 36.4 | (1,062.9) | 88.2 | 247.6 | 147.0 | 73.9 | 112.4 | 122.0 | 108.7 | 60.0 | 81.8 | 96.4 | 84.4 | 83.5 | 77.1 | 53.7 | 18.8 | 70.3 | 71.0 | 75.4 | 67.4 | 53.6 | 40.2 | 32.7 | 31.7 | 37.3 | 26.4 | 16.0 | 16.8 | 9.3 | 33.3 | 29.9 | 4.3 |
| Interest Expense | 180.7 | 189.2 | 31.6 | 5.1 | 4.3 | 4.6 | 2.7 | 1.8 | 1.2 | 1.6 | 2.0 | 0.6 | 0.5 | 0.4 | 0.6 | 0.7 | 0.7 | 1.2 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 186.2 | (916.6) | 145.6 | 290.1 | 182.0 | 111.0 | 148.8 | 164.2 | 149.8 | 98.2 | 118.9 | 127.8 | 108.0 | 104.6 | 98.2 | 74.3 | 38.3 | 87.3 | 83.6 | 84.3 | (105.3) | (93.3) | 47.4 | 0.1 | 40.1 | (85.1) | (71.6) | (56.1) | (4.7) | (7.1) | 42 | 36.3 | 7.4 |
| EBIT | 33.5 | (1,060.6) | 88.2 | 247.6 | 147.0 | 73.9 | 112.4 | 122.0 | 108.7 | 59.7 | 81.7 | 96.7 | 84.5 | 83.5 | 77.2 | 53.8 | 18.6 | 70.6 | 72.8 | 75.4 | 71.3 | 54.7 | 40.2 | (7.3) | 31.7 | (90.9) | (76.6) | (60.5) | (7.6) | (9.2) | 33.3 | 29.9 | 4.3 |
| Income Before Tax | (147.2) | (1,249.8) | 56.6 | 242.5 | 142.7 | 69.4 | 109.7 | 120.2 | 107.5 | 58.4 | 79.7 | 96.1 | 83.9 | 83.2 | 76.6 | 53.1 | 18.2 | 69.4 | 72.3 | 78.5 | 71.2 | 54.7 | 40.7 | 34.2 | 32.2 | 38.0 | 26.0 | 14.8 | 14.1 | 6.4 | 7.8 | 7 | 3.4 |
| Income Tax Expense | (5.5) | (125.0) | 13.8 | 63.0 | 35.8 | 16.6 | 27.4 | 28.2 | 20.1 | 30.7 | 24.1 | 34.9 | 29.5 | 30.5 | 29.4 | 21.1 | 8.2 | 26.9 | 27.4 | 29.6 | 26.3 | 20.2 | 14.9 | 12.5 | 12.3 | 14.5 | 9.9 | 5.7 | 5.5 | 2.5 | 3.3 | 3 | 1.2 |
| Net Income | (107.8) | (817.0) | 167.4 | 193.2 | 105.9 | 23.7 | 87.1 | 92.1 | 87.3 | 27.7 | 55.6 | 61.2 | 54.5 | 52.7 | 47.2 | 32.0 | 9.9 | 42.5 | 44.9 | 48.9 | 44.9 | 34.4 | 25.8 | 21.6 | 19.9 | 23.4 | 16.0 | 10.2 | 8.6 | 4.0 | 4.5 | 4 | 2.2 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | -3.48 | -29.43 | 0.44 | 7.18 | 3.87 | 0.85 | 3.06 | 3.17 | 2.90 | 0.91 | 1.80 | 1.99 | 1.81 | 1.82 | 1.62 | 1.11 | 0.34 | 1.48 | 1.52 | 1.57 | 1.41 | 1.07 | 0.81 | 0.67 | 0.61 | 0.74 | 0.53 | 0.37 | 0.32 | 0.15 | 0.17 | 0.15 | 0.07 |
| EPS (Diluted) | -3.48 | -29.66 | 0.43 | 7.14 | 3.85 | 0.84 | 3.04 | 3.15 | 2.89 | 0.90 | 1.78 | 1.96 | 1.77 | 1.78 | 1.60 | 1.10 | 0.34 | 1.47 | 1.50 | 1.55 | 1.39 | 1.05 | 0.79 | 0.65 | 0.59 | 0.70 | 0.51 | 0.35 | 0.31 | 0.15 | 0.17 | 0.15 | 0.10 |
| Shares Outstanding | 31.0 | 27.5 | 25.9 | 26.8 | 27.2 | 27.6 | 28.2 | 29.1 | 30.1 | 30.4 | 30.9 | 30.6 | 30.1 | 29.0 | 29.1 | 29.0 | 28.9 | 28.8 | 29.6 | 31.1 | 31.9 | 32.2 | 31.9 | 32.3 | 32.4 | 31.7 | 30.1 | 27.7 | 27.0 | 26.8 | 25.9 | 27.3 | 30.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 106.0 | 104.9 | 122.0 | 45.8 | 37.3 | 40.3 | 64.7 | 25.7 | 3.9 | 8.5 | 42.0 | 22.1 | 0.1 | 83.5 | 33.6 | 19.4 | 15.6 | 6.0 | 0.5 | 0.7 | 0.0 | 3.8 | 1 | 4.2 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 111.6 | 3 | 20.3 | 9.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 349.7 | 322.5 | 158.7 | 188.2 | 216.2 | 156.5 | 136.2 | 161.4 | 152.4 | 116.6 | 55.7 | 60.6 | 42.1 | 31.5 | 30.3 | 28.8 | 35.5 | 27.3 | 19.8 | 17.7 | 23.7 | 17.8 | 18.1 | 12.6 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 2.1 | 2.2 | 1.4 | 1.3 | 0.9 | 0.7 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.6 | 0.4 | 0.7 | 0.6 | 0.4 | 0.3 | 0.2 |
| Other Current Assets | 65.3 | 16.0 | 40.7 | 45.5 | 7.0 | 27.7 | 18.8 | 0 | 0 | 0 | 3.3 | 2.1 | 1.4 | 2.1 | 2.1 | 2.2 | 1.0 | 0.7 | 0.3 | 5.7 | 1.1 | 3.8 | 2.2 | 1 |
| Total Current Assets | 521.0 | 472.5 | 347.0 | 304.3 | 282.8 | 245.9 | 236.3 | 201.1 | 162.7 | 136.3 | 107.1 | 91.6 | 159.4 | 123.2 | 88.8 | 62.4 | 54.9 | 36.4 | 23.4 | 35.8 | 28.2 | 25.8 | 21.6 | 18 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 710.4 | 736.3 | 369.6 | 377.4 | 367.3 | 313.2 | 297.9 | 209.9 | 206.1 | 200.2 | 128.7 | 123.0 | 37.3 | 32.9 | 37.2 | 42.7 | 45.1 | 32.9 | 29.9 | 79.2 | 70.3 | 72.1 | 56 | 26.3 |
| Goodwill | 522.7 | 522.7 | 278.7 | 258.0 | 266.8 | 245.0 | 215.7 | 199.1 | 191.7 | 184.7 | 43.3 | 50.2 | 15.6 | 15.6 | 15.6 | 15.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 906.8 | 999.2 | 134.8 | 115.6 | 154.7 | 145.0 | 124.9 | 113.7 | 111.2 | 106.7 | 35.8 | 40.7 | 0 | 0 | 0.5 | 0.9 | 15.1 | 9.5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 1,790.5 | 0 | 0 | 0 | 0 | (37.2) | (29.4) | (41.9) | (5.8) | 0 | (7.0) | (6.2) | (7.5) | 14.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 83.9 | 71.9 | 58.9 | 152.8 | 46.3 | 98.3 | 116.1 | 36.5 | 15.9 | 13.5 | 1.6 | 2.0 | 2.3 | 3.4 | 3.5 | (6.7) | 0.9 | 0.9 | 3.5 | 3.3 | 0.6 | 0.4 | 0.4 | 4.7 |
| Total Non-Current Assets | 2,223.8 | 2,330.1 | 2,632.5 | 903.8 | 835.0 | 801.5 | 754.6 | 559.1 | 525.0 | 505.0 | 209.5 | 215.9 | 55.1 | 51.9 | 56.7 | 74.6 | 61.0 | 43.2 | 33.4 | 82.5 | 70.9 | 72.5 | 56.4 | 31 |
| Total Assets | 2,744.8 | 2,802.6 | 2,979.5 | 1,208.1 | 1,117.8 | 1,047.4 | 990.9 | 760.2 | 687.7 | 641.3 | 316.6 | 307.5 | 214.6 | 175.1 | 145.5 | 137.0 | 116.0 | 79.6 | 56.8 | 118.3 | 99.1 | 98.3 | 78 | 49 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 121.8 | 105.7 | 45.4 | 50.1 | 44.8 | 38.4 | 25.4 | 34.6 | 30.7 | 18.0 | 10.3 | 11.6 | 10.0 | 7.4 | 6.7 | 5.1 | 9.7 | 7.4 | 4.1 | 0.1 | 5.5 | 5.1 | 4.9 | 3.1 |
| Short-Term Debt | 0 | 0 | 12.6 | 9.3 | 6.1 | 0 | 0 | 0.3 | 0.4 | 28.0 | 0.9 | 1.6 | 0.0 | 0 | 0.5 | 0.5 | 0.5 | 0.8 | 4.5 | 1.6 | 9.5 | 9.3 | 5.9 | 1.4 |
| Deferred Revenue | 13.2 | 9.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0.1 | 17.6 | 12.3 | 11.2 | 8.3 | 7.2 | 6.8 | 6.1 | 6.0 | 5.5 | 6.9 | 3.0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 88.2 | 16.5 | 4.6 | 36.5 | 33.3 | 7.4 | 0.3 | 5.6 | 10.8 | 7.8 | 10.9 | 4.6 | 4.3 | 5.5 | 2.4 | 2.1 | 1.6 | 21.6 | 2.6 | 5.6 | 3.9 | 4.4 |
| Total Current Liabilities | 428.3 | 384.0 | 237.1 | 169.4 | 164.7 | 171.6 | 137.2 | 74.7 | 60.1 | 77.9 | 29.5 | 26.2 | 25.7 | 20.3 | 18.7 | 18.3 | 19.1 | 16.9 | 16.4 | 33.9 | 22.4 | 20 | 14.7 | 8.9 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 1,687.2 | 1,675.9 | 1,790.5 | 106.6 | 155.5 | 112.4 | 67.3 | 47.3 | 40.6 | 0.7 | 50 | 50.0 | 0 | 0 | 0.9 | 0.4 | 2.8 | 0.8 | 15.4 | 8.3 | 27.1 | 35.8 | 28.3 | 12 |
| Deferred Tax Liabilities | 53.1 | 38.2 | 42.2 | 51.1 | 43.4 | 42.0 | 41.2 | 37.2 | 29.4 | 41.9 | 5.8 | 8.8 | 7.0 | 6.2 | 7.5 | 7.6 | 6.2 | 3.1 | 1.2 | 11.6 | 8.3 | 5.8 | 3.3 | 0.8 |
| Other Non-Current Liabilities | 65.1 | 62.1 | 47.1 | 65.1 | 49.6 | 88.7 | 93.4 | 47.7 | 23.7 | 21.0 | 4.5 | 3.1 | 0 | 0 | (0.9) | 0 | 0 | 0 | 0 | 8.1 | 0 | 0.1 | (0.1) | 0 |
| Total Non-Current Liabilities | 2,154.8 | 2,132.7 | 1,978.2 | 331.4 | 359.5 | 328.4 | 276.5 | 132.2 | 94.1 | 64.3 | 62.4 | 64.9 | 7.9 | 7.1 | 8.5 | 12.1 | 13.4 | 7.8 | 21.4 | 34.0 | 35.4 | 41.7 | 31.5 | 12.8 |
| Total Liabilities | 2,583.1 | 2,516.8 | 2,215.3 | 500.8 | 524.2 | 500.1 | 413.7 | 207.0 | 154.2 | 142.2 | 92.0 | 91.1 | 33.5 | 27.4 | 27.2 | 30.4 | 32.5 | 24.7 | 37.7 | 67.9 | 57.8 | 61.7 | 46.2 | 21.7 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 |
| Retained Earnings | (447.1) | (338.2) | 480.3 | 436.1 | 334.9 | 304.1 | 350.0 | 342.7 | 337.8 | 319.3 | 207.7 | 205.9 | 144.4 | 110.0 | 84.2 | 62.5 | 42.7 | 19.2 | 3.2 | 23.6 | 15.0 | 11 | 6.5 | 2.5 |
| Accumulated Other Comprehensive Income | 0.6 | (2.7) | 0 | 0 | 0 | 0 | 0 | (204.0) | (193.1) | (178.8) | 0 | 0 | 0.0 | 0.0 | (0.0) | 0.0 | (19.1) | (14.3) | (10.2) | (35.9) | (27.2) | (17.6) | (10.5) | (5.2) |
| Total Stockholders' Equity | 113.3 | 201.7 | 764.3 | 707.2 | 593.7 | 547.3 | 577.2 | 553.2 | 533.5 | 499.1 | 224.7 | 216.4 | 181.0 | 147.7 | 118.3 | 106.6 | 83.5 | 55.0 | 19.1 | 50.5 | 41.3 | 36.6 | 31.8 | 27.3 |
| Total Liabilities & Equity | 2,744.8 | 2,802.6 | 2,979.5 | 1,208.1 | 1,117.8 | 1,047.4 | 990.9 | 760.2 | 687.7 | 641.3 | 316.6 | 307.5 | 214.6 | 175.1 | 145.5 | 137.0 | 116.0 | 79.6 | 56.8 | 118.3 | 99.1 | 98.3 | 78 | 49 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 2,159.7 | 2,145.8 | 1,945.8 | 266.8 | 320.1 | 243.2 | 179.2 | 47.6 | 40.9 | 28.7 | 53.1 | 54.6 | 0.9 | 0.9 | 1.4 | 5.4 | 8.2 | 6.0 | 25.3 | 37.4 | 36.6 | 45.1 | 34.2 | 13.4 |
| Net Debt | 2,053.7 | 2,040.9 | 1,823.9 | 221.0 | 282.8 | 203.0 | 114.5 | 22.0 | 37.1 | 20.2 | 11.1 | 32.5 | 0.8 | (82.6) | (32.2) | (14.0) | (7.4) | 0.0 | 24.9 | 36.8 | 36.6 | 41.3 | 33.2 | 9.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | (107.8) | (1,124.8) | 42.8 | 193.2 | 116.1 | 52.8 | 82.3 | 92.1 | 87.3 | 27.7 | 44.9 | 34.4 | 25.9 | 21.8 | 19.9 | 23.4 | 16.0 | 8.1 | 8.6 | 4.0 | 4.5 | 4 | 2.2 |
| Depreciation & Amortization | 152.6 | 144.0 | 57.4 | 47.4 | 39.6 | 37.1 | 36.4 | 42.2 | 41.1 | 38.2 | 8.9 | 6.8 | 7.3 | 7.5 | 8.4 | 5.8 | 5.0 | 4.3 | 11.2 | 10.5 | (8.7) | (6.4) | (3.4) |
| Stock-Based Compensation | 13.4 | 10.2 | 11.5 | 10.7 | 10.5 | 11.0 | 11.7 | 10.5 | 8.1 | 8.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (3.5) | (11.8) | 92.5 | (11.4) | (51.6) | (11.3) | 3.2 | (3.5) | (26.8) | 9.3 | (4.0) | (7.3) | (1.5) | (2.0) | 5.6 | 0.1 | (3.9) | (15.6) | (1.8) | (3.9) | (0.2) | (3.2) | (4.7) |
| Other Non-Cash Items | 0.6 | 1,040.6 | (13.9) | 11.6 | 4.3 | (5.7) | 18.3 | 3.1 | 6.2 | 43.3 | 1.4 | 2.0 | 0.5 | (0.1) | (1.0) | 1.7 | 1.5 | 3.3 | 0.9 | 0.1 | 17.5 | 12.8 | 6.9 |
| Operating Cash Flow | 44.4 | (75.4) | 181.4 | 259.1 | 120.3 | 84.7 | 159.0 | 152.6 | 103.4 | 130.3 | 51.2 | 37.4 | 32.7 | 30.0 | 35.5 | 33.8 | 20.1 | 1.9 | 22.6 | 12.5 | 15.8 | 9.2 | 1.7 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (29.1) | (37.1) | (30.7) | (40.7) | (39.1) | (20.3) | (22.0) | (42.3) | (38.3) | (42.2) | (22.1) | (11.2) | (2.9) | (3.9) | (4.8) | (16.5) | (7.4) | (11.8) | (19.1) | (8.8) | (24.7) | (36.5) | (21.4) |
| Acquisitions | 2.2 | (1,576.2) | (53.0) | (66.1) | (59.9) | (63.7) | (39) | (20.0) | (23.1) | (11.8) | (12.8) | 0.0 | 0.2 | 0.1 | (3.0) | (10.7) | (6.8) | 0 | (1.2) | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (197.3) | (273.9) | (3) | (7.1) | (71.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 427.1 | 232.5 | 20.3 | 10.3 | 47.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 4.7 | 258.5 | 2.4 | 10.7 | 1.2 | (2.9) | 6.8 | 2.2 | 1.6 | (191.9) | 1.2 | 0.1 | 0.1 | 0.4 | 0.4 | 0.9 | (5.2) | 1.2 | 2.7 | 3.2 | 4.7 | (2.5) |
| Investing Cash Flow | (26.9) | (1,608.6) | 174.8 | (104.5) | (88.3) | (82.7) | (63.9) | (55.5) | (59.2) | (52.4) | 3.1 | (51.4) | 14.7 | (0.4) | (31.0) | (26.9) | (13.4) | (17.0) | (19.0) | (6.0) | (21.5) | (31.8) | (23.9) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | (17.3) | (98.4) | 1,672.5 | (55.1) | 42.6 | 43.6 | 19.1 | 6.7 | 12.2 | (55.8) | 1.5 | (0.0) | (0.5) | (4.4) | (2.8) | (0.2) | (20.7) | 12.2 | (1.4) | (1.2) | 8.3 | 18.9 | 4.8 |
| Stock Repurchased | 0.8 | 0.8 | (93.8) | (62.8) | (49.0) | (45.2) | (56.2) | (66.1) | (49.0) | (40.0) | (54.1) | (9.6) | 0 | (12.5) | 0 | 0 | 0 | 0 | 0 | (1.8) | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | (25.0) | (25.9) | (23.0) | (20.9) | (20.5) | (18.4) | (18.1) | (15.5) | (7.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (3) |
| Other Financing Activities | (1.1) | (66.2) | (3.7) | (2.4) | (5.5) | (3.9) | 1.6 | 2.5 | 6.0 | 8.5 | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | 0 |
| Financing Cash Flow | (17.5) | (163.8) | 1,550.0 | (146.1) | (34.9) | (26.5) | (56.0) | (75.3) | (48.8) | (102.8) | (54.1) | (2.3) | 2.4 | (15.2) | (0.7) | 2.6 | (1.2) | 14.6 | (2.9) | (10.3) | 8.6 | 19.3 | 26.4 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | 0.7 | (1,846.8) | 1,906.3 | 8.5 | (2.9) | (24.5) | 39.1 | 21.8 | (4.6) | (24.8) | 0.3 | (16.3) | 49.9 | 14.3 | 3.8 | 9.6 | 5.5 | (0.4) | 0.7 | (3.8) | 8.6 | 19.3 | 26.4 |
| Cash at Beginning | 105.3 | 1,952.1 | 45.8 | 37.3 | 40.3 | 64.7 | 25.7 | 3.9 | 8.5 | 33.3 | 0.1 | 16.4 | 33.6 | 19.4 | 15.6 | 6.0 | 0.5 | 0.9 | 0.0 | 3.8 | 1 | 4.2 | 0 |
| Cash at End | 106.0 | 105.3 | 1,952.1 | 45.8 | 37.3 | 40.3 | 64.7 | 25.7 | 3.9 | 8.5 | 0.3 | 0.1 | 83.5 | 33.6 | 19.4 | 15.6 | 6.0 | 0.5 | 0.7 | 0.0 | 9.6 | 23.5 | 26.4 |
| Free Cash Flow | 15.3 | (112.5) | 150.7 | 218.4 | 81.2 | 64.4 | 137.0 | 110.3 | 65.1 | 88.2 | 29.2 | 26.2 | 29.9 | 26.0 | 30.7 | 17.3 | 12.7 | (9.9) | 3.5 | 3.8 | (8.9) | (27.3) | (19.7) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 2,495.1 | 2,474.3 | 1,370.7 | 1,679.6 | 1,387.2 | 1,269.6 | 1,215.2 | 1,320.9 | 1,100.8 | 982.5 | 959.1 | 781.0 | 652.5 | 584.4 | 536.4 | 483.9 | 417.4 | 474.4 | 392.7 | 352.8 | 320.9 | 282.2 | 241.5 | 226.1 | 227.5 | 214.9 | 170.8 | 130.4 | 190.4 | 157.1 | 148.1 | 135 | 95.3 |
| Gross Profit | 510.9 | 339.7 | 330.2 | 491.7 | 314.0 | 229.1 | 253.8 | 266.0 | 236.5 | 215.2 | 190.4 | 179.0 | 147.7 | 137.7 | 267.4 | 308.8 | 272.7 | 293.4 | 170.7 | 158.8 | 144.5 | 123.1 | 101.7 | 90.6 | 91.0 | 90.3 | 69.8 | 51.5 | 82.0 | 63.2 | 85.7 | 75.5 | 53.8 |
| Operating Income | 36.4 | (1,062.9) | 88.2 | 247.6 | 147.0 | 73.9 | 112.4 | 122.0 | 108.7 | 60.0 | 81.8 | 96.4 | 84.4 | 83.5 | 77.1 | 53.7 | 18.8 | 70.3 | 71.0 | 75.4 | 67.4 | 53.6 | 40.2 | 32.7 | 31.7 | 37.3 | 26.4 | 16.0 | 16.8 | 9.3 | 33.3 | 29.9 | 4.3 |
| Net Income | (107.8) | (817.0) | 167.4 | 193.2 | 105.9 | 23.7 | 87.1 | 92.1 | 87.3 | 27.7 | 55.6 | 61.2 | 54.5 | 52.7 | 47.2 | 32.0 | 9.9 | 42.5 | 44.9 | 48.9 | 44.9 | 34.4 | 25.8 | 21.6 | 19.9 | 23.4 | 16.0 | 10.2 | 8.6 | 4.0 | 4.5 | 4 | 2.2 |
| EPS (Diluted) | -3.48 | -29.66 | 0.43 | 7.14 | 3.85 | 0.84 | 3.04 | 3.15 | 2.89 | 0.90 | 1.78 | 1.96 | 1.77 | 1.78 | 1.60 | 1.10 | 0.34 | 1.47 | 1.50 | 1.55 | 1.39 | 1.05 | 0.79 | 0.65 | 0.59 | 0.70 | 0.51 | 0.35 | 0.31 | 0.15 | 0.17 | 0.15 | 0.10 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 106.0 | 104.9 | 122.0 | 45.8 | 37.3 | 40.3 | 64.7 | 25.7 | 3.9 | 8.5 | 42.0 | 22.1 | 0.1 | 83.5 | 33.6 | 19.4 | 15.6 | 6.0 | 0.5 | 0.7 | 0.0 | 3.8 | 1 | 4.2 | |||||||||
| Total Assets | 2,744.8 | 2,802.6 | 2,979.5 | 1,208.1 | 1,117.8 | 1,047.4 | 990.9 | 760.2 | 687.7 | 641.3 | 316.6 | 307.5 | 214.6 | 175.1 | 145.5 | 137.0 | 116.0 | 79.6 | 56.8 | 118.3 | 99.1 | 98.3 | 78 | 49 | |||||||||
| Total Debt | 2,159.7 | 2,145.8 | 1,945.8 | 266.8 | 320.1 | 243.2 | 179.2 | 47.6 | 40.9 | 28.7 | 53.1 | 54.6 | 0.9 | 0.9 | 1.4 | 5.4 | 8.2 | 6.0 | 25.3 | 37.4 | 36.6 | 45.1 | 34.2 | 13.4 | |||||||||
| Stockholders' Equity | 113.3 | 201.7 | 764.3 | 707.2 | 593.7 | 547.3 | 577.2 | 553.2 | 533.5 | 499.1 | 224.7 | 216.4 | 181.0 | 147.7 | 118.3 | 106.6 | 83.5 | 55.0 | 19.1 | 50.5 | 41.3 | 36.6 | 31.8 | 27.3 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 44.4 | (75.4) | 181.4 | 259.1 | 120.3 | 84.7 | 159.0 | 152.6 | 103.4 | 130.3 | 51.2 | 37.4 | 32.7 | 30.0 | 35.5 | 33.8 | 20.1 | 1.9 | 22.6 | 12.5 | 15.8 | 9.2 | 1.7 | ||||||||||
| Capital Expenditure | (29.1) | (37.1) | (30.7) | (40.7) | (39.1) | (20.3) | (22.0) | (42.3) | (38.3) | (42.2) | (22.1) | (11.2) | (2.9) | (3.9) | (4.8) | (16.5) | (7.4) | (11.8) | (19.1) | (8.8) | (24.7) | (36.5) | (21.4) | ||||||||||
| Free Cash Flow | 15.3 | (112.5) | 150.7 | 218.4 | 81.2 | 64.4 | 137.0 | 110.3 | 65.1 | 88.2 | 29.2 | 26.2 | 29.9 | 26.0 | 30.7 | 17.3 | 12.7 | (9.9) | 3.5 | 3.8 | (8.9) | (27.3) | (19.7) | ||||||||||