Hamilton Lane Incorporated logo HLNE - Hamilton Lane Incorporated

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 6
HOLD 3
SELL 1
STRONG
SELL
0
| PRICE TARGET: $144.00 DETAILS
HIGH: $179.00
LOW: $102.00
MEDIAN: $148.00
CONSENSUS: $144.00
UPSIDE: 59.43%
Metric 2026 Q3 2026 Q2 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
Revenue
Revenue 198.6 190.9 176.0 198.0 168.3 150.0 196.7 168.3 150.0 196.7 125.0 112.8 127.1 153.4 135.5 100.9 91.7 96.3 79.0 102.9 84.6 84.4 69.7 76.9 68.1 64.3 64.7 67.0 66.0 55.8 63.4 77.6 65.0 48.7 52.7 46.7 42.3 51.2 39.6 41.3
Cost of Revenue 60.9 55.7 53.5 64.7 39.6 42.8 61.0 39.6 42.8 61.0 36.4 32.8 35.5 43.2 37.9 14.4 29.3 33.3 26.7 42.4 28.5 35.0 30.4 28.2 23.8 23.4 23.6 24.5 23.8 22.8 26.6 22.6 20.0 20.3 20.0 19.0 16.7 20.5 15.9 14.9
Gross Profit 137.7 135.1 122.4 133.2 128.6 107.2 135.7 128.6 107.2 135.7 88.7 80.0 91.6 110.2 97.6 86.5 62.4 63.0 52.3 60.5 56.0 49.4 39.4 48.8 44.4 40.9 41.0 42.5 42.2 33.1 36.7 55.0 45.0 28.4 32.7 27.7 25.6 30.8 23.6 26.5
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
SG&A Expenses 51.7 55.4 45.5 49.2 52.9 40.0 46.1 52.9 40.0 46.1 33.7 30.7 33.2 40.4 35.1 40.3 21.3 16.5 16.5 14.6 13.3 11.1 10.6 15.2 15.5 14.0 14.0 13.6 13.9 11.7 11.0 10.6 10.7 8.4 8.5 8.7 8.8 7.3 6.8 7.6
Other 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
Operating Expenses 51.7 55.4 45.5 49.2 52.9 40.0 46.1 52.9 40.0 46.1 33.7 30.7 33.2 40.4 35.1 40.3 21.3 16.5 16.5 14.6 13.3 11.1 10.6 15.2 15.5 14.0 14.0 13.6 13.9 11.7 11.0 10.6 10.7 8.4 8.5 8.7 8.8 7.3 6.8 7.6
Operating Income
Operating Income 86.0 79.7 77.0 84.0 75.7 67.2 89.6 75.7 67.2 89.6 54.9 49.3 58.4 69.8 62.5 46.3 41.0 46.5 35.8 45.9 42.7 38.3 28.8 33.6 28.9 26.9 27.0 28.9 28.2 21.4 25.7 44.4 34.3 20.0 24.3 19.1 16.8 23.4 16.9 18.8
Interest Expense 3.7 3.8 3.9 3.8 3.9 2.7 2.9 3.9 2.7 2.9 2.9 2.6 2.4 2.1 1.5 1.1 1.2 1.2 1.2 1.1 0.5 0.5 0.5 0.6 0.7 0.7 0.8 0.8 0.8 0.7 0.8 0.7 0.7 3.5 1.1 5.8 2.9 3.0 2.9 2.9
Interest Income 3.7 3.1 3.0 3.0 2.8 1.5 0.8 2.8 1.5 0.8 2.7 1.3 2.6 1.1 0.2 0.0 0.0 0.0 0.4 0.9 0.7 0.1 0.0 0.1 0.2 0.1 0.3 0.1 0.1 0.0 0.0 0.1 0.1 0.1 0.3 0.2 0.0 0.1 0.1 0.1
Profitability
EBITDA 126.2 123.9 101.8 94.3 96.4 82.2 112.0 96.4 82.2 112.0 72.5 72.5 38.1 77.2 70.9 69.4 94.2 101.1 59.2 52.3 62.5 58.2 8.4 42.5 34.4 36.5 33.4 27.3 42.8 39.5 26.0 49.8 41.9 24.9 30.8 23.5 20.6 27.8 19.4 19.8
EBIT 123.7 121.4 99.3 92.1 94.0 79.8 109.7 94.0 79.8 109.7 70.6 70.7 36.1 75.3 69.1 67.6 92.9 100.0 57.8 48.0 61.5 57.3 7.4 41.6 33.6 35.7 32.6 26.1 42.1 38.9 25.5 49.3 41.5 24.4 30.4 23.0 20.1 27.3 18.9 19.3
Income Before Tax 120.0 117.6 95.4 88.3 90.2 77.1 106.8 90.2 77.1 106.8 67.7 68.1 33.7 73.2 67.6 66.5 91.7 98.9 56.6 68.5 61.1 56.8 6.9 41.0 33.0 34.9 31.8 25.3 41.4 38.2 24.7 48.6 40.8 20.9 29.3 17.2 17.2 24.4 16.0 16.3
Income Tax Expense 27.3 14.0 18.4 15.0 12.7 1.2 19.7 12.7 1.2 19.7 16.4 16.7 11.8 15.5 11.5 28.9 11.5 14.0 12.0 3.9 6.4 12.2 1.9 2.4 4.6 2.7 4.3 4.9 18.5 5.6 1.6 4.0 23.0 2.7 3.7 0.6 0.1 0.0 (0.4) 0.7
Net Income 58.4 70.9 53.7 50.5 53.0 55.0 59.0 53.0 55.0 59.0 31.0 31.1 9.7 34.9 33.5 13.8 51.8 52.1 28.2 39.8 33.2 21.8 3.2 20.6 13.5 15.3 11.4 8.0 5.5 11.2 8.8 13.5 (6.3) 4.7 5.5 (56.2) 0 0 16.4 16.1
Per Share Data
EPS (Basic) 1.40 1.71 1.30 1.24 1.33 1.38 2.01 1.80 1.97 2.11 1.16 2.26 0.45 1.41 0.90 2.22 1.44 1.41 0.78 1.15 0.96 0.66 0.11 0.71 0.46 0.56 0.43 0.32 0.22 0.49 0.40 0.68 -0.35 0.26 0.30 -3.22 0.96 0.94
EPS (Diluted) 1.37 1.69 1.28 1.23 1.32 1.37 1.47 1.32 1.38 1.11 0.81 1.56 0.31 0.97 0.62 1.52 1.40 1.41 0.78 1.14 0.96 0.66 0.11 0.70 0.46 0.56 0.42 0.31 0.22 0.49 0.39 0.66 -0.35 0.26 0.30 -3.17 0.96 0.94
Shares Outstanding 37.1 41.5 41.4 40.6 39.7 39.7 39.7 39.7 37.7 37.7 37.7 37.0 37.0 37.0 37.0 36.8 36.9 36.2 36.0 34.6 34.5 33.0 30.2 29.2 29.2 27.2 26.7 25.3 25.1 22.7 22.2 20.3 18.1 18.1 18.0 17.4 17.1 17.1 17.1 17.1
Metric 2026 Q4 2026 Q3 2026 Q2 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
Current Assets
Cash & Cash Equivalents 361.0 340.2 240.8 315.9 277.3 321.5 227.0 166.3 114.6 164.4 229.8 125.2 111.7 150.0 122.3 83.2 72.2 79.0 86.3 73.2 87.3 92.9 82.0 71.1 50.1 81.6 71.9 58.9 49.4 78.9 75.2 53.6 47.6 68.7 48.9 46.5 32.3 54.4 58.2 61.9 68.6
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 0.1 0
Net Receivables 0 207.1 178.2 178.2 197.6 157.0 112.0 155.3 126.7 77.7 69.6 73.8 56.4 59.9 55.0 48.8 53.7 49.1 43.4 31.4 31.7 30.6 36.6 25.8 33.0 22.1 21.8 24.1 22.9 19.5 15.5 18.7 18.2 17.6 19.2 22.4 15.4 14 19.9 11.3 14.7
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 (0.1) 0
Other Current Assets 0 7.8 (195.6) 6.3 6.3 5.9 5.9 4.8 5.0 5.0 5.0 4.8 4.8 3.1 279.7 280.1 280.0 279.3 279.3 279.1 279.0 3.0 3.0 3.1 3.1 3.1 3.2 2.5 2.2 2.2 2.2 1.8 1.8 1.8 1.8 1.9 1.8 1.8 1.8 6.1 1.8
Total Current Assets 361.0 567.6 240.8 510.9 492.5 493.7 361.6 333.9 257.3 256.6 310.9 211.8 182.7 220.0 462.4 418.6 412.8 413.4 413.2 389.7 404.2 131.5 127.3 106.0 93.2 111.4 102.3 90.3 79.3 103.0 95.7 77.3 69.8 89.6 72.0 73.5 52.2 72.0 81.6 79.3 86.6
Non-Current Assets
Property, Plant & Equipment 61.4 99.0 58.7 96.7 99.0 97.4 95.3 95.1 95.4 96.8 96.4 94.8 90.8 91.5 93.1 93.7 94.5 96.3 97.1 89.0 87.7 80.2 18.2 17.4 17.0 15.9 17.7 18.9 8.1 8.1 7.1 5.8 4.8 4.1 4.0 4.0 4.1 4.0 4.3 4.5 4.6
Goodwill 0 0 0 0 9.6 0 0 0 9.6 0 0 0 9.6 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
Intangible Assets 0 0 0 0 2.9 0 0 0 4.6 0 0 0 6.3 0 0 0 0 0 0 0 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 1,170.5 1,036.6 862.5 761.1 716.5 669.1 649.5 632.3 603.6 676.8 634.3 588.0 551.7 568.1 567.0 513.8 491.6 440.1 383.9 373.6 264.6 224.0 194.9 207.7 193.2 174.1 168.4 154.5 147.4 134.3 141.2 137.3 130.8 127.1 124.0 120.1 118.4 114.6 110.3 102.7
Other Non-Current Assets 0 38.9 (1,036.6) 30.0 16.8 28.5 41.3 34.2 10.1 25.9 44.8 29.9 29.3 31.0 26.9 26.9 28.8 29.2 30.9 32.7 19.0 23.4 17.8 16.9 17.7 10.6 10.5 10.4 11.0 10.3 10.8 9.7 8.5 8.8 9.5 3.6 3.0 7.6 6.7 4.9 2.7
Total Non-Current Assets 61.4 1,603.3 58.7 1,291.2 1,197.9 1,097.3 1,062.8 1,038.0 1,013.9 952.3 1,047.7 988.3 957.8 904.3 925.3 933.7 882.1 866.1 820.8 749.6 732.3 584.4 480.8 420.5 380.3 358.0 343.1 302.6 281.3 260.9 260.6 229.5 224.0 183.4 199.2 191.1 188.5 130.0 125.6 119.7 110.0
Total Assets 2,304.9 2,170.8 1,980.3 1,802.0 1,690.4 1,591.0 1,424.3 1,371.9 1,271.2 1,208.8 1,358.7 1,200.1 1,140.5 1,124.4 1,387.7 1,352.3 1,294.9 1,279.5 1,234.0 1,139.3 1,136.5 715.8 608.1 526.5 473.5 469.4 445.4 392.8 360.6 363.9 356.2 306.7 293.8 273.0 271.2 264.5 240.6 202.0 207.1 199.0 196.6
Current Liabilities
Account Payables 5.7 5.0 6.1 6.5 5.5 5.2 6.4 4.7 4.5 3.3 3.5 5.6 4.6 2.0 1.9 3.6 2.8 2.2 1.1 3.2 2.2 2.1 2.3 1.1 2.0 2.5 2.0 2.7 2.6 2.4 0.5 0.4 1.7 1.1 0.8 1.3 1.4 1.6 0.5 1.3 0.6
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 31.8 0 25.1 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 0 0 0 0 0 45.2 0 0
Other Current Liabilities 5.7 0 (287.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (45.2) 24.0 0
Total Current Liabilities 5.7 318.2 6.1 318.4 293.2 239.1 235.5 246.1 247.4 215.1 206.5 207.6 210.0 215.4 207.1 209.7 223.4 214.1 234.3 220.7 225.0 196.8 194.0 158.0 114.8 122.4 115.1 88.9 95.0 74.4 79.0 44.1 51.6 15.2 11.4 19.8 14.5 9.6 0.5 24.3 10.0
Non-Current Liabilities
Long-Term Debt 0 279.5 285.6 288.6 290.3 292.0 195.0 195.6 196.2 196.8 197.3 197.9 213.5 199.1 194.1 220.9 171.3 146.8 147.2 147.6 163.2 73.6 74.1 74.5 74.5 67.2 69.1 70.0 71.0 71.9 72.8 83.7 84.2 84.6 85.1 83.7 84.3 241.4 242.4 242.9 243.3
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 832.7 166.7 379.5 123.1 105.0 120.0 112.0 114.5 72.7 92.5 92.3 71.8 64.0 100.3 105.6 74.4 80.5 96.0 87.9 79.3 82.8 67.9 62.5 47.4 32.9 50.2 42.3 40.8 21.2 40.8 38.6 30.3 15.8 33.8 26.2 18.2 10.0 30.0 22.7 48.5 10.1
Total Non-Current Liabilities 832.7 526.5 816.2 488.6 473.3 489.9 386.9 389.0 347.9 369.6 370.6 350.8 356.3 379.0 379.7 375.7 334.0 326.5 319.5 303.2 321.3 219.2 150.9 135.9 121.3 130.6 125.6 126.2 95.9 116.4 115.1 117.7 106.2 149.8 156.4 147.1 139.5 316.6 310.3 291.4 298.5
Total Liabilities 838.4 844.8 822.3 807.0 766.5 729.0 622.4 635.1 595.2 584.7 577.1 558.4 566.4 594.4 586.8 585.3 557.5 540.6 553.7 523.9 546.3 416.0 344.9 293.9 236.1 253.0 240.8 215.0 190.9 190.7 194.1 161.8 157.7 165.0 167.8 166.9 154.0 326.2 310.8 315.7 308.6
Stockholders' Equity
Common Stock 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 0.1 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 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0 0
Retained Earnings 614.7 571.0 535.2 486.9 455.5 425.2 391.7 356.2 316.7 286.0 283.3 258.0 243.8 227.8 226.0 205.3 185.1 181.6 141.1 103.1 87.5 73.7 51.3 40.2 47.1 34.5 29.0 21.7 17.7 15.3 15.2 8.7 4.5 (5.1) 4.4 2.9 0.6 (133.8) (113.7) 0 0
Accumulated Other Comprehensive Income 1.2 1.1 1.2 0.1 (0.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.1) (0.1) 0.0 (0.0) 0.0 0.0 0.0 0 0 0 0 0 (0.3) (0.3) (1.0) (1.0) (1.0) (0.8)
Total Stockholders' Equity 915.2 877.4 825.8 758.8 717.3 649.3 606.6 566.4 525.2 467.9 462.5 434.8 415.4 394.7 390.8 368.5 346.9 343.8 302.2 253.5 238.1 216.3 192.3 166.8 154.8 143.6 136.8 115.3 110.2 103.6 101.3 83.5 78.4 57.8 65.6 62.9 60.0 (134.7) (114.7) (128.8) (123.3)
Total Liabilities & Equity 1,753.6 2,170.8 1,980.3 1,802.0 1,690.4 1,591.0 1,424.3 1,371.9 1,271.2 1,208.8 1,358.7 1,200.1 1,140.5 1,124.4 1,387.7 1,352.3 1,294.9 1,279.5 1,234.0 1,139.3 1,136.5 715.8 608.1 526.5 473.5 469.4 445.4 392.8 360.6 363.9 356.2 306.7 293.8 273.0 271.2 264.5 240.6 202.0 207.1 199.0 196.6
Debt Metrics
Total Debt 0 359.8 436.7 365.5 368.3 369.9 274.9 274.5 275.2 277.1 278.3 278.9 292.4 278.7 274.1 301.3 253.6 230.5 231.5 223.9 238.5 147.6 84.7 84.8 84.7 76.6 79.6 81.7 71.0 71.9 72.8 83.7 84.2 84.6 85.1 83.7 84.3 241.4 242.4 242.9 243.3
Net Debt (361.0) 19.7 195.9 49.6 91.0 48.4 47.9 108.2 160.6 112.7 48.5 153.8 180.6 128.7 151.8 218.1 181.4 151.5 145.3 150.7 151.1 54.7 2.7 13.7 34.6 (5.0) 7.7 22.8 21.6 (7.1) (2.4) 30.1 36.6 15.9 36.1 37.3 52.0 187.0 184.2 181.0 174.7
Metric 2026 Q4 2026 Q3 2026 Q2 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
Operating Activities
Net Income 81.5 125.5 70.9 77.1 73.3 77.5 55.0 87.1 48.4 34.5 64.5 87.1 51.4 21.9 57.7 56.1 14.4 80.2 84.8 44.7 39.8 54.6 44.6 5.0 38.6 28.4 32.3 27.5 20.4 22.9 32.6 23.1 44.6 17.8 18.2 25.6 16.6 17.1 24.4 16.4 15.7
Depreciation & Amortization 2.4 2.4 2.5 2.5 2.2 2.4 2.4 2.3 2.4 2.0 1.9 2.3 1.8 2.0 1.8 1.8 4.6 1.3 1.1 1.4 4.3 1.0 1.0 1.0 0.9 0.8 0.8 0.8 1.2 0.6 0.6 0.5 0.5 0.5 0.5 0.4 0.5 0.5 0.5 0.5 0.5
Stock-Based Compensation 0.3 25.4 0 12.8 11.7 11.8 4.7 3.2 2.9 3.3 3.1 3.2 3.1 2.8 2.1 1.9 0 1.7 1.7 2.3 0 1.8 1.8 1.7 1.9 1.8 1.8 1.7 1.6 1.6 1.6 1.6 1.3 1.3 1.6 1.4 1.2 1.2 1.2 1.1 0.9
Change in Working Capital 91.1 (21.6) 20.2 35.5 (62.9) (32.1) 32.4 (5.1) 38.7 9.9 6.6 (5.1) (41.3) (11.2) 22.5 3.9 (16.5) 3.3 (2.7) (8.1) (2.8) 9.4 3.7 18.9 (30.1) 8.6 2.8 3.7 (26.6) 2.3 10.7 9.0 (43.6) (3.3) 11.2 0.3 (18.0) 13.3 2.3 0.7 (30.1)
Other Non-Cash Items (63.8) (77.1) 27.6 (5.5) 9.8 2.7 20.9 (10.7) (79.3) (90.1) 2.0 (10.4) (7.4) 35.0 1.9 (1.7) 30.1 (21.5) (41.7) (15.8) 13.6 (13.3) (18.2) 21.4 (3.8) (0.2) (6.6) (3.2) 5.3 (9.7) (12.6) 3.1 (1.5) (3.8) 1.1 (0.5) 3.7 3.9 2.4 (0.8) 0.9
Operating Cash Flow 105.2 74.1 121.2 128.9 39.3 64.4 117.4 79.7 21.7 (36.4) 77.6 79.7 13.2 57.5 94.9 61.0 32.7 68.6 51.5 32.4 54.9 58.2 42.2 47.5 8.3 41.9 32.8 33.4 4.7 33.9 35.2 37.9 1.3 32.6 33.6 29.2 4.1 32.9 27.3 17.4 (12.5)
Investing Activities
Capital Expenditure (3.8) (1.7) (1.1) (1.3) (3.4) (5.6) (1.6) (1.5) (1.6) (3.2) (2.9) (1.5) (1.5) (0.8) (0.8) (1.7) (0.7) (1.1) (2.1) (4.5) (10.1) (7.4) (1.1) (1.0) (4.9) 0.1 (0.6) (0.7) (0.6) (1.5) (1.8) (1.4) (1.1) (0.4) (0.3) (0.4) (0.6) (0.1) (0.2) (0.4) (0.2)
Acquisitions (26.4) 13.2 0 (13.2) 6.8 (41.3) (13.5) 1.7 (22.7) (11.4) (23.6) 1.7 63.4 (13.8) (49.6) (1.5) 0 0 (35.7) (10.1) 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0.2 0 0 0 0 0 0 0
Purchases of Investments (141.8) (110.2) (116.2) (81.6) (46.4) (18.2) (7.6) (7.3) (22.7) (11.4) (24.0) (7.3) (87.5) (6.9) 28.2 (55.5) (17.0) (38.7) 15.0 (15.8) (378.8) (33.7) (14.7) (9.2) (16.5) (20.4) (9.1) (11.6) (15.4) (15.8) (6.2) (8.6) (10.7) (7.7) (5.3) (6.6) (3.6) (5.8) (6.7) (8.1) (6.1)
Sales/Maturities of Investments 81.4 (81.4) 81.4 0 (12.1) 17.9 (3.9) 4.5 (142.9) 0.3 99.6 0 3.5 279.0 10 0 (12.4) (11.9) 0 0 0.2 0 0 0 0 0 0 0 0 (0.0) 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 19.9 58.9 (19.1) 2.4 5.5 4.3 (0.6) 4.7 161.8 16.6 (94.4) 9.2 (1.6) 4.8 7.9 2.2 0 15.7 7.7 26.0 0 11.0 4.6 4.2 (3.4) 1.9 9.4 1.9 2.4 3.1 24.7 2.0 5.3 3.6 (1.7) 3.5 1.8 1.4 4.1 1.5 5.5
Investing Cash Flow (70.7) (117.1) (55.0) (93.8) (49.6) (42.9) (27.2) 2.1 (28.2) (9.0) (45.3) 2.1 (23.7) 262.2 (4.2) (56.5) (30.1) (36.1) (15.2) (4.4) (388.7) (30.1) (11.3) (6.1) (20.7) (18.4) (0.3) (10.5) (13.6) (14.2) 16.7 (8.1) (6.6) (4.3) (7.4) (3.5) (2.4) (4.6) (2.8) (6.9) (0.9)
Financing Activities
Net Debt Issuance 0 (6.2) (3.1) (1.9) (1.9) 97.0 (0.6) (0.6) (0.6) (0.6) (0.6) (0.6) 14.4 5.0 (26.7) 49.5 (0.5) (0.5) (0.5) (15.5) (0.5) (0.5) (0.5) 0 7.3 (1.9) (0.9) 14.8 (0.9) (0.9) (10.9) (0.5) (0.5) (0.5) (0.4) (0.7) (160.7) (0.7) (0.7) (0.7) (10.7)
Stock Repurchased (0.8) (0.6) (0.8) (0.0) (252.9) (0.1) (0.4) (0.5) (3.2) (0.2) 0 (0.5) (2.2) (278.3) (0.1) 0 (2.9) (0.0) (0.5) (0.1) (124.7) 0 (0.0) (0.0) (5.8) 0 (0.0) (0.0) 0.2 0 (0.0) (0.1) 0.7 0 (0.0) (0.7) 0 0 0 0 0
Dividends Paid (112.0) (32.9) (39.5) (36.3) (27.0) (24.7) (33.7) (34.4) (28.8) (20.0) (27.0) (34.4) (47.5) (18.6) (26.4) (43.4) (23.2) (24.4) (22.8) (27.0) (18.6) (15.7) (19.2) (20.5) (18.8) (12.0) (17.8) (27.9) (14.1) (13.9) (18.7) (3.9) (7.8) (6.8) (22.5) (9.4) (8.0) (30.2) (42.3) (18.3) (13.8)
Other Financing Activities 63.6 95.6 (12.2) 41.4 (0.7) 0.0 6.2 5.1 (11.2) 0.3 99.5 5.1 (34.5) (0.1) 0.7 0.4 17.3 (14.9) (73.1) 0.5 83.0 (1.0) (150.2) (204.9) (1.7) 0.1 (147.2) (0.0) (69.7) (1) (130.0) (19.2) (8.3) (1.3) (0.9) (0.8) 144.9 (1.2) 14.8 1.7 (2.2)
Financing Cash Flow (48.4) 56.7 (55.0) 3.3 (33.3) 73.0 (28.5) (30.4) (43.3) (19.9) 72.5 (30.4) (26.1) (292.0) (52.5) 6.5 (8.7) (39.8) (23.0) (42.1) 328.3 (17.2) (20.3) (20.3) (19.0) (13.7) (18.8) (13.1) (20.7) (15.9) (30.0) (23.7) (15.9) (8.5) (23.8) (11.5) (23.8) (32.1) (28.1) (17.2) (26.7)
Cash Position
Net Change in Cash 0 13.6 12.2 38.5 (43.7) 94.5 61.8 51.5 (49.8) (65.3) 104.8 51.5 (36.5) 27.7 38.2 11.0 (6.1) (7.2) 13.3 (14.1) (5.6) 10.9 10.8 21.0 (31.5) 9.6 13.7 9.8 (29.6) 3.8 21.9 6.1 (21.1) 19.7 2.4 14.2 (22.1) (2.0) (5.4) (6.7) (41.7)
Cash at Beginning 0 334.4 322.1 283.6 327.3 232.8 171.1 119.6 169.4 234.8 130.0 119.6 153.1 125.4 87.2 76.2 82.3 89.6 76.2 90.4 95.9 85.0 74.2 53.2 84.7 75.1 61.4 51.6 81.1 77.4 55.4 49.4 70.5 50.7 48.3 34.1 56.2 58.2 63.6 70.4 110.3
Cash at End 0 348.0 334.4 322.1 283.6 327.3 232.8 171.1 119.6 169.4 234.8 171.1 116.6 153.1 125.4 87.2 76.2 82.3 89.6 76.2 90.4 95.9 85.0 74.2 53.2 84.7 75.1 61.4 51.6 81.1 77.4 55.4 49.4 70.5 50.7 48.3 34.1 56.2 58.2 63.6 68.6
Free Cash Flow 101.5 72.4 120.1 127.6 35.8 58.8 115.8 78.2 20.1 (39.6) 74.7 78.2 11.7 56.7 94.1 59.2 31.9 67.5 49.4 27.9 44.8 50.7 41.0 46.5 3.4 41.9 32.2 32.7 4.1 32.3 33.4 36.5 0.2 32.1 33.3 28.8 3.5 32.8 27.1 17.1 (12.6)
Key Metrics 2026 Q3 2026 Q2 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
Income Statement
Revenue 198.6 190.9 176.0 198.0 168.3 150.0 196.7 168.3 150.0 196.7 125.0 112.8 127.1 153.4 135.5 100.9 91.7 96.3 79.0 102.9 84.6 84.4 69.7 76.9 68.1 64.3 64.7 67.0 66.0 55.8 63.4 77.6 65.0 48.7 52.7 46.7 42.3 51.2 39.6 41.3
Gross Profit 137.7 135.1 122.4 133.2 128.6 107.2 135.7 128.6 107.2 135.7 88.7 80.0 91.6 110.2 97.6 86.5 62.4 63.0 52.3 60.5 56.0 49.4 39.4 48.8 44.4 40.9 41.0 42.5 42.2 33.1 36.7 55.0 45.0 28.4 32.7 27.7 25.6 30.8 23.6 26.5
Operating Income 86.0 79.7 77.0 84.0 75.7 67.2 89.6 75.7 67.2 89.6 54.9 49.3 58.4 69.8 62.5 46.3 41.0 46.5 35.8 45.9 42.7 38.3 28.8 33.6 28.9 26.9 27.0 28.9 28.2 21.4 25.7 44.4 34.3 20.0 24.3 19.1 16.8 23.4 16.9 18.8
Net Income 58.4 70.9 53.7 50.5 53.0 55.0 59.0 53.0 55.0 59.0 31.0 31.1 9.7 34.9 33.5 13.8 51.8 52.1 28.2 39.8 33.2 21.8 3.2 20.6 13.5 15.3 11.4 8.0 5.5 11.2 8.8 13.5 (6.3) 4.7 5.5 (56.2) 0 0 16.4 16.1
EPS (Diluted) 1.37 1.69 1.28 1.23 1.32 1.37 1.47 1.32 1.38 1.11 0.81 1.56 0.31 0.97 0.62 1.52 1.40 1.41 0.78 1.14 0.96 0.66 0.11 0.70 0.46 0.56 0.42 0.31 0.22 0.49 0.39 0.66 -0.35 0.26 0.30 -3.17 0.96 0.94
Balance Sheet
Cash & Equivalents 361.0 340.2 240.8 315.9 277.3 321.5 227.0 166.3 114.6 164.4 229.8 125.2 111.7 150.0 122.3 83.2 72.2 79.0 86.3 73.2 87.3 92.9 82.0 71.1 50.1 81.6 71.9 58.9 49.4 78.9 75.2 53.6 47.6 68.7 48.9 46.5 32.3 54.4 58.2 61.9 68.6
Total Assets 2,304.9 2,170.8 1,980.3 1,802.0 1,690.4 1,591.0 1,424.3 1,371.9 1,271.2 1,208.8 1,358.7 1,200.1 1,140.5 1,124.4 1,387.7 1,352.3 1,294.9 1,279.5 1,234.0 1,139.3 1,136.5 715.8 608.1 526.5 473.5 469.4 445.4 392.8 360.6 363.9 356.2 306.7 293.8 273.0 271.2 264.5 240.6 202.0 207.1 199.0 196.6
Total Debt 0 359.8 436.7 365.5 368.3 369.9 274.9 274.5 275.2 277.1 278.3 278.9 292.4 278.7 274.1 301.3 253.6 230.5 231.5 223.9 238.5 147.6 84.7 84.8 84.7 76.6 79.6 81.7 71.0 71.9 72.8 83.7 84.2 84.6 85.1 83.7 84.3 241.4 242.4 242.9 243.3
Stockholders' Equity 915.2 877.4 825.8 758.8 717.3 649.3 606.6 566.4 525.2 467.9 462.5 434.8 415.4 394.7 390.8 368.5 346.9 343.8 302.2 253.5 238.1 216.3 192.3 166.8 154.8 143.6 136.8 115.3 110.2 103.6 101.3 83.5 78.4 57.8 65.6 62.9 60.0 (134.7) (114.7) (128.8) (123.3)
Cash Flow
Operating Cash Flow 105.2 74.1 121.2 128.9 39.3 64.4 117.4 79.7 21.7 (36.4) 77.6 79.7 13.2 57.5 94.9 61.0 32.7 68.6 51.5 32.4 54.9 58.2 42.2 47.5 8.3 41.9 32.8 33.4 4.7 33.9 35.2 37.9 1.3 32.6 33.6 29.2 4.1 32.9 27.3 17.4 (12.5)
Capital Expenditure (3.8) (1.7) (1.1) (1.3) (3.4) (5.6) (1.6) (1.5) (1.6) (3.2) (2.9) (1.5) (1.5) (0.8) (0.8) (1.7) (0.7) (1.1) (2.1) (4.5) (10.1) (7.4) (1.1) (1.0) (4.9) 0.1 (0.6) (0.7) (0.6) (1.5) (1.8) (1.4) (1.1) (0.4) (0.3) (0.4) (0.6) (0.1) (0.2) (0.4) (0.2)
Free Cash Flow 101.5 72.4 120.1 127.6 35.8 58.8 115.8 78.2 20.1 (39.6) 74.7 78.2 11.7 56.7 94.1 59.2 31.9 67.5 49.4 27.9 44.8 50.7 41.0 46.5 3.4 41.9 32.2 32.7 4.1 32.3 33.4 36.5 0.2 32.1 33.3 28.8 3.5 32.8 27.1 17.1 (12.6)