Herc Holdings Inc. logo HRI - Herc Holdings Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 13
HOLD 3
SELL 1
STRONG
SELL
0
| PRICE TARGET: $183.40 DETAILS
HIGH: $198.00
LOW: $165.00
MEDIAN: $189.00
CONSENSUS: $183.40
UPSIDE: 42.17%
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 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 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1
Revenue
Revenue 1,139 1,209 1,304 1,002 861 951 965 848 804 832 908 802 740 787 745 640 568 578 550.4 490.9 453.8 520.4 456.7 368 436.2 540.1 508.1 475.1 475.7 543.7 516.2 485.5 431.3 491.7 457.6 415.8 389.4 405.2 403.6 380.4 365.6 422.4 431.8 422.7 401.3 481.6 (2,431.5) 3,069.4 2,714.6 2,436.5 2,318.5 2,516.2 2,225.1 1,960.9 2,013.8 2,432.3 2,072.3 1,780.0 1,835.8 2,186.3 1,879.6 1,660.9 1,740.7 2,041.4 1,754.5 1,564.9 1,788.7 2,421.9 2,275.3 2,039.2 2,138.8 2,449.6 2,175.7 1,921.5
Cost of Revenue 813 882 929 670 583 577 580 542 519 508 561 506 484 469 440 397 369 354.2 334.5 333.7 326 377.3 322 280.8 337.1 381.8 344.3 349.8 380.8 384.6 354.4 375.4 340.3 355.9 323.8 325.4 325.1 309 298.6 296.1 299 314.2 322.9 324.3 313.3 371.8 1,934.2 2,202.1 2,047 1,938.2 2,364.9 1,241.1 1,708.7 1,629.3 1,584.5 1,770.9 1,607.0 1,509.8 1,488.1 1,658.5 1,531.8 1,472.2 1,484.8 1,617.6 1,467.9 1,445.1 1,663.6 1,946.8 1,808.4 1,705.4 1,653.5 1,751.2 1,660.8 1,582.1
Gross Profit 326 327 375 332 278 374 385 306 285 324 347 296 256 318 305 243 199 223.8 215.9 157.2 127.8 143.1 134.7 87.2 99.1 158.3 163.8 125.3 94.9 159.1 161.8 110.1 91 135.8 133.8 90.4 64.3 96.2 105 84.3 66.6 108.2 108.9 98.4 88 109.8 (4,365.7) 867.3 667.6 498.3 (46.4) 1,275.1 516.5 331.7 429.3 661.4 465.3 270.2 347.7 527.8 347.8 188.7 255.9 423.8 286.6 119.7 125.1 475.1 466.9 333.8 485.4 698.5 514.9 339.4
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 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 146 153 166 127 118 122 123 117 112 116 115 111 106 113 112 97 89 89.8 81.5 74 65.5 69.8 61 56.8 69.8 73.6 76.2 73.5 71.5 82.1 78.4 77.3 74.5 78 84.5 78.8 81.1 71.7 66.8 74.2 62.5 59.5 62.8 71.1 72.1 69.1 251.2 276.8 275 251.7 330.4 201.0 206.6 207.8 169.9 197.6 195.6 182.2 156.1 168.7 172.0 167.7 153.1 179.8 141.5 166.7 173.9 234.3 168.0 193.4 189.9 203.2 182.4 200.4
Other Expenses 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 151 153 166 127 118 122 123 117 112 116 115 111 106 113 112 97 89 89.8 81.5 74 65.5 69.8 61 56.8 69.8 73.6 76.2 73.5 71.5 82.1 78.4 77.3 74.5 78 84.5 78.8 81.1 71.7 66.8 74.2 62.5 59.5 62.8 71.1 72.1 69.1 251.2 276.8 275 251.7 330.4 201.0 206.6 207.8 169.9 197.6 195.6 182.2 156.1 168.7 172.0 167.7 153.1 179.8 141.5 166.7 173.9 234.3 168.0 193.4 189.9 203.2 182.4 200.4
Operating Income
Operating Income 175 174 209 205 160 252 262 189 173 208 232 185 150 205 193 146 110 134 134.4 83.2 62.3 73.3 73.7 30.4 29.3 84.7 87.6 51.8 23.4 77 83.4 32.8 16.5 57.8 49.3 11.6 (16.8) 24.5 38.2 10.1 4.1 48.7 46.1 27.3 15.9 40.7 (246.1) 590.5 392.6 246.6 (376.8) 1,074.1 309.9 123.9 259.4 463.8 269.7 88.0 191.6 359.1 175.8 21.0 102.8 244.0 145.1 (47.0) (48.8) 240.7 298.9 140.4 295.5 495.3 332.5 139.0
Interest Expense 128 134 134 86 62 67 69 63 61 62 60 54 48 41.3 33 25 23 22.5 21.4 21 21.4 22.5 22.4 23.3 24.4 (26.5) 81.9 31.6 32.9 34 38.6 32.4 32 38.2 32.4 31.6 37.8 32.1 32.3 13.3 6.5 5.1 9.3 9 9.5 11.1 (176.4) 182.3 183.8 176.8 180.5 154.9 152.2 162.3 167.7 169.3 165.8 196.9 201.3 202.2 188.9 181.1 347.1 169.3 163.8 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1.8 (3.5) (2) (1.8) (2.6) (0.7) (0.5) (1.1) (0.9) (1.2) (1.5) (1.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 178 493 242 205 160 252 262 189 173 208 232 185 150 205 193 146 110 133.9 134.5 99.2 78.1 88.8 89.2 46.1 45.1 101.2 102.5 66.4 38.4 92.5 97.7 46.5 30.3 71.6 62.7 24.2 (5.1) 36.4 50 20.7 14.6 67.8 66.3 46.4 34.7 139.2 (246.1) 590.5 392.6 246.6 (376.8) 1,074.1 309.9 123.9 259.4 463.8 269.7 88.0 191.6 359.1 175.8 21.0 102.8 244.0 145.1 (47.0) (48.8) 240.7 298.9 140.4 295.5 495.3 332.5 139.0
EBIT 105 174 172 160 127 217 229 159 144 179 203 157 124 179 168 123 89 114.8 117.4 83.2 62.3 73.3 73.7 30.4 29.3 84.7 87.6 51.8 23.4 77 83.4 32.8 16.5 57.8 49.3 11.6 (16.8) 24.5 38.2 10.1 4.1 48.7 46.1 27.3 15.9 32.6 173,561.3 510.6 395.7 249.0 140.2 523.8 310.9 125.5 260.5 465.0 260.5 38.0 193.5 360.4 182.6 23.3 279.7 245.1 194.6 0 0 0 0 0 0 0 0 0
Income Before Tax (23) 17 38 (46) (8) (43) 160 93 81 123 146 103 75 134 135 98 67 91.4 96.1 61.8 41.1 45 51.6 0.1 (2.6) 53.2 5.2 15 (9.8) 38.3 45.2 0.5 (15.2) 21.1 18.6 (49.8) (54.3) (7.4) 6.7 (2.7) (1.5) 95.1 35.5 19.6 6.7 21.5 (72.1) 328.3 211.9 72.2 (40.3) 368.9 158.7 (36.8) 92.8 295.7 94.6 (158.9) (7.8) 158.3 (6.2) (157.8) (67.4) 75.8 30.7 (210.1) (982.2) 14.8 15.2 (57.7) 117.6 75.8 31.1 (62.6)
Income Tax Expense 1 (7) 8 (11) 10 3 38 23 16 32 33 27 8 36 34 25 9 19.6 23.8 14.7 8.2 9.5 11.7 (1.9) 1.1 18.1 (4.2) 5.3 (3.1) 5 (1) 0.8 (5.1) (193.2) 5.8 (22.2) (15.1) 5.8 3.7 5.3 0 16.9 14.7 9 5 4.4 54.2 (113.6) (90.5) (54.3) 3.9 (126.0) (65.8) 19.5 15.5 (83.2) (34.6) (26.3) 1.6 3.0 (14.2) (7.4) 136.0 (6.8) (23.0) (46.6) 235.8 (2.9) (36.1) 0 36.8 (86.9) (52.5) 0
Net Income (24) 24 30 (35) (18) (46) 122 70 65 91 113 76 67 98 101 73 58 71.8 72.3 47.1 32.9 35.5 39.9 2 (3.7) 35.1 9.4 9.7 (6.7) 33.3 46.2 (0.3) (10.1) 214.3 12.8 (27.6) (39.2) (13.2) 3 (8) (1.5) 78.2 20.8 10.6 1.7 17.1 (126.3) 441.9 302.4 126.5 (44.2) 494.9 224.6 (56.3) 249.5 206.7 129.2 (132.6) (29.2) 156.6 (25.1) (150.4) (203.4) 64.5 53.7 (163.5) (1,218.0) 17.7 51.2 (57.7) 80.7 162.7 83.7 (62.6)
Per Share Data
EPS (Basic) -0.72 0.72 0.90 -1.17 -0.63 -1.62 4.30 2.46 2.30 3.23 3.99 2.68 2.31 3.33 3.41 2.42 1.96 2.42 2.44 1.59 1.12 1.22 1.37 0.07 -0.13 1.22 0.33 0.34 -0.23 1.17 1.62 -0.01 -0.36 7.57 0.45 -0.98 -1.39 -0.50 0.11 -0.28 -0.05 2.76 0.73 0.37 0.06 0.60 -5.94 20.80 15.09 6.08 -2.10 23.53 10.69 -2.69 12.00 9.92 6.21 -6.41 -1.42 7.60 -1.22 -7.32 -10.95 3.17 3.13 -10.11 -75.48 1.09 3.18 -3.58 5.03 10.12 5.22 -3.90
EPS (Diluted) -0.72 0.72 0.90 -1.17 -0.63 -1.61 4.28 2.46 2.29 3.20 3.96 2.66 2.28 3.27 3.36 2.38 1.92 2.36 2.37 1.55 1.09 1.19 1.35 0.07 -0.13 1.20 0.32 0.33 -0.23 1.16 1.60 -0.01 -0.36 7.44 0.45 -0.98 -1.39 -0.49 0.11 -0.28 -0.05 2.76 0.73 0.37 0.06 0.60 -5.44 19.01 13.00 5.49 -1.97 22.22 10.04 -2.69 11.22 9.38 5.72 -6.41 -1.42 7.28 -1.22 -7.32 -10.95 3.04 3.08 -10.11 -75.48 1.09 3.18 -3.58 4.96 9.94 5.11 -3.90
Shares Outstanding 33.3 33.3 33.2 30 28.5 28.4 28.4 28.4 28.3 28.2 28.3 28.4 29 29.4 29.7 29.8 29.8 29.7 29.6 29.6 29.5 29.2 29.2 29.1 28.5 28.8 28.7 28.7 28.6 28.5 28.5 28.4 28.1 28.3 28.3 28.2 28.2 28.1 28.3 28.3 28.3 28.3 28.3 28.3 28.3 28.3 21.2 21.2 20.0 20.8 21.0 21.0 21.0 20.9 20.8 20.8 20.8 20.7 20.6 20.6 20.6 20.5 18.6 20.4 17.2 16.2 16.1 16.1 16.1 16.1 16.1 16.1 16.0 16.0
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 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3
Current Assets
Cash & Cash Equivalents 43 52 61 53 48 83 142 70 63 71 71 37 40 54 56.9 52.1 22.8 35.1 35.2 34.6 32.9 33 53.8 83.2 55.8 33 34.5 27.9 24.5 27.8 18 44 43 41.5 19.1 12 24.3 11.6 51.9 42.6 12.3 896.8 800.7 985.6 570.9 557.1 397.3
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 0 0 0 0 0 0 0
Net Receivables 760 769 810 778 554 589 623 570 560 563 595 541 514 523 519 457.8 399.1 388.1 373.7 312.8 299.6 301.2 293.3 247 288.8 306.7 316.4 308.4 316.4 332.4 373.5 350.3 347 386.3 352.3 319.9 297.9 293.3 297.5 287.9 267.2 1,400.3 1,446.4 1,325.3 1,057.1 1,069.2 1,834.1
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 (0.2) (0.6) 0 17.9 20.2 20.7 22.2 23.7 26.7 25.9 25.7 24.1 24.5 24.3 20 88.8 92.9 93.4 102.6 93.1 124.1
Other Current Assets 54 135 103 49 38 104 86 77 94 98 63 66 71 67 58.8 56.9 53.3 46.5 39.5 32.3 31.5 32.9 37.9 44.6 50.9 60 30.9 31.2 33.5 22.3 22.2 20.6 24 23 7.1 10.3 5.6 7 4.7 32.4 20.6 0 0 0 0 0 0
Total Current Assets 919 956 974 943 709 776 851 717 717 732 729 644 625 644 634.7 566.8 475.2 469.7 448.4 379.7 364 367.1 385 374.8 395.5 399.7 381.8 367.5 374.4 400.4 433.9 435.6 436.2 474.5 424.4 385.2 368.2 371.7 390.8 377.6 340.2 2,386.0 2,340.1 2,404.4 1,730.6 1,719.4 2,355.4
Non-Current Assets
Property, Plant & Equipment 6,604 2,413 2,329 8,355 5,521 1,445 5,666 5,333 5,038 4,961 5,133 5,043 4,711 4,429 4,206.9 3,969.3 3,543.7 3,387.4 3,168.7 2,875.3 2,798.2 2,806.7 2,875.2 2,934.4 2,965.7 3,009.1 3,114.5 3,024.9 2,872.5 2,787.2 2,907.8 2,871.6 2,718.3 2,660.9 2,752.8 2,730.3 2,641.2 2,662 2,757.3 2,727.3 2,605 1,156.7 1,170.0 1,188.1 1,215.1 1,218.0 1,364.4
Goodwill 2,861 2,873 2,931 2,901 682 670 659 590 537 483 508 492 460 419 379.1 325.5 272.5 231.5 150.6 108.2 100.6 100.5 93.6 93.6 93.6 93.6 91 91 91 91 91 91 91 91 91.1 91 91 91 91 91 91 290.6 290.3 295.4 287.4 262.5 991.9
Intangible Assets 1,627 1,665 1,626 1,622 564 572 572 514 496 467 468 468 447 431 424.5 415.9 398.6 388.7 349.2 303.2 294.6 295.9 289.4 289.9 290.2 291.5 292.1 292.6 292.9 293.5 294.5 289.3 286.3 283.9 284.4 283.6 309.5 303.9 303.7 302.8 302.9 2,563.7 2,580.7 2,597.7 2,634.7 2,612.7 3,137.7
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (163.2) 0 0 0 (211.2) 0 0 2.4 0 5.3 5.1 4.4 2.1 0 0 0 0 0 0 (2,867) 0 0 0 0 0 0
Other Non-Current Assets 1,553 5,869 6,067 197 229 4,414 424 421 419 418 55 48 33 34 38.8 32.5 27.6 13.1 15.7 16.2 18.6 18.2 18.8 19 22.2 23.1 23.7 25.5 35.6 38.1 43.6 42.1 42.1 36 36.2 35 34.6 34.7 35.2 35.2 16 0 0 0 0 0 0
Total Non-Current Assets 12,645 12,820 12,953 13,075 6,996 7,101 7,321 6,858 6,490 6,329 6,164 6,051 5,651 5,313 5,049.3 4,743.2 4,242.4 4,020.7 3,684.2 3,302.9 3,212 3,221.3 3,277 3,336.9 3,371.7 3,417.3 3,521.3 3,434 3,292 3,209.8 3,336.9 3,294 3,137.7 3,075.2 3,164.5 3,139.9 3,076.3 3,091.6 3,187.2 3,156.3 3,014.9 5,457.0 5,470.9 5,552.1 5,677.2 5,551.0 7,334.4
Total Assets 13,564 13,776 13,927 14,018 7,705 7,877 8,172 7,575 7,207 7,061 6,893 6,695 6,276 5,957 5,684 5,310 4,717.6 4,490.4 4,132.6 3,682.6 3,576 3,588.4 3,662 3,711.7 3,767.2 3,817 3,903.1 3,801.5 3,666.4 3,610.2 3,770.8 3,729.6 3,573.9 3,549.7 3,588.9 3,525.1 3,444.5 3,463.3 3,578 3,533.9 3,355.1 17,837.9 16,260.5 15,985.1 15,633.5 14,667.9 20,225.2
Current Liabilities
Account Payables 218 337 355 325 161 248 360 286 201 212 247 363 348 318 326.6 286.9 239.4 280.6 201.8 190.6 146 125.8 132.7 138.1 135.4 126.5 212 296.2 162.2 147 233.8 387.8 266.6 152 246.3 314.8 202.1 139 262.9 254.1 148.9 1,467.1 1,223.9 658.7 1,184.6 932.7 1,009.1
Short-Term Debt 32 88 26 23 61 4 15 57 15 19 18 16 16 16 11.2 14.9 14.6 0 15.8 13.9 15.3 3.6 17.7 18.9 25.7 30.4 10.1 10.2 7.3 29.9 28.9 26.9 23.7 25.4 17.2 16 15.6 15.7 15.5 0 73.7 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 19 0 0 0 18 0 0 0 20 0 0 0 13.7 0 0 0 0 0 0 0 11.3 0 0 94.2 9.6 0 0 0 7.7 18.6 14.5 11.4 10.4 12.3 14.3 40.6 0 0 0 0 0 0
Other Current Liabilities 0 258 0 19 (24) 104 21 (21) 23 88 0 0 0 73 0 0 0 62.5 0 0 0 15.9 0 0 0 16 22.9 18.5 19.6 27.8 0 0 0 14.8 0 0 0 4.2 0 30.1 50.9 0 0 0 0 0 0
Total Current Liabilities 628 730 801 818 474 562 697 585 474 508 538 655 593 604 584.1 528.3 463.3 529.9 426.7 392.2 322.8 328 301.7 310.5 299.1 323.1 396.2 458.1 335.5 299.2 381.8 518.5 413.7 290.7 387.7 424.9 328.3 243.3 393.2 363.9 325.3 1,467.1 1,223.9 658.7 1,184.6 932.7 1,009.1
Non-Current Liabilities
Long-Term Debt 8,052 9,500 8,164 8,251 4,026 4,110 4,163 3,864 3,753 3,612 3,665 3,493 3,215 2,870 2,761.9 2,503.3 2,142.1 1,874.9 1,792 1,539.2 1,585.2 1,622.9 1,827.9 1,931.3 2,041.6 2,017.1 2,149.1 2,004.6 2,019.4 2,129.9 2,229 2,109.6 2,054.7 2,250 2,212.3 2,145.4 2,122.9 2,178.6 2,124.4 2,114.6 50.7 0 0 0 0 0 0
Deferred Tax Liabilities 1,426 1,446 1,431 1,377 771 800 799 761 750 743 693 673 655 647 612.2 580.1 543.2 536.8 511.9 491.4 480.6 474 469.5 459.9 457 459.3 441.2 446.1 443.8 448.3 458.4 458.2 456.7 462.8 661.8 657.2 679 687.4 666.7 665.9 727.4 0 0 0 0 0 0
Other Non-Current Liabilities 58 (1,422) 68 109 115 107 105 112 114 114 45 48 89 40 81.9 87.7 91 32.1 102.3 121.3 119.5 44.3 113.8 110.3 103.7 39 43.9 45.5 44 122 36.4 36.5 36.3 35.8 38.3 38.8 32.6 719 41.3 645 759.3 14,475.0 13,114.5 13,246.3 12,672.3 12,445.1 16,366.5
Total Non-Current Liabilities 11,038 11,098 11,197 11,289 5,873 5,919 5,998 5,628 5,425 5,280 5,156 4,938 4,596 4,245 4,016.8 3,716.4 3,242.6 2,983.6 2,796.7 2,455 2,475.2 2,518.4 2,673.8 2,767.2 2,848.2 2,849.6 2,913.9 2,759.7 2,765.1 2,738.3 2,834.7 2,715.8 2,659.9 2,748.6 2,912.4 2,841.4 2,834.5 2,897.6 2,832.4 2,822.6 810 14,475.0 13,114.5 13,246.3 12,672.3 12,445.1 16,366.5
Total Liabilities 11,666 11,828 11,998 12,107 6,347 6,481 6,695 6,213 5,899 5,788 5,694 5,593 5,189 4,849 4,600.9 4,244.7 3,705.9 3,513.5 3,223.4 2,847.2 2,798 2,846.4 2,975.5 3,077.7 3,147.3 3,172.7 3,310.1 3,217.8 3,100.6 3,037.5 3,216.5 3,234.3 3,073.6 3,039.3 3,300.1 3,266.3 3,162.8 3,140.9 3,225.6 3,186.5 1,135.3 15,942.1 14,338.3 13,905.0 13,856.9 13,377.8 17,375.6
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 4.6 4.1 4.1 4.1 3.8 3.2 3.2
Retained Earnings 500 547 547 540 595 633 698 595 544 498 425 330 272 224 143.4 59.6 5.1 (53.4) (125.2) (197.5) (244.6) (277.5) (313) (352.9) (354.9) (351.2) (386.3) (395.7) (405.4) (391.1) (426.6) (472.8) (472.5) (462.4) (679.2) (692) (664.4) (625.2) (612) (615) (607) (1,237.8) (1,212.7) (1,062.3) (1,095.9) (1,099.8) 189.7
Accumulated Other Comprehensive Income (124) (120) (131) (125) (142) (142) (123) (127) (124) (118) (128) (122) (127) (129) (121.3) (104.9) (98.3) (100.2) (104.8) (100.7) (104.2) (107) (116.2) (121.6) (131.7) (109.7) (118.2) (114.7) (117.7) (122.4) (101.2) (110.2) (102.1) (98.6) (98.4) (111.6) (117) (118.7) (116.1) (115.8) (205.4) (30.8) (16.2) (3.3) (54.2) (126.4) 174.4
Total Stockholders' Equity 1,898 1,948 1,929 1,911 1,358 1,396 1,477 1,362 1,308 1,273 1,199 1,102 1,087 1,108 1,083.1 1,065.3 1,011.7 976.9 909.2 835.4 778 742 686.5 634 619.9 644.3 593 583.7 565.8 572.7 554.3 495.3 500.3 510.4 288.8 258.8 281.7 322.4 352.4 347.4 2,219.8 1,895.8 1,922.1 2,080.1 1,776.5 1,290.1 2,826.2
Total Liabilities & Equity 13,564 13,776 13,927 14,018 7,705 7,877 8,172 7,575 7,207 7,061 6,893 6,695 6,276 5,957 5,684 5,310 4,717.6 4,490.4 4,132.6 3,682.6 3,576 3,588.4 3,662 3,711.7 3,767.2 3,817 3,903.1 3,801.5 3,666.4 3,610.2 3,770.8 3,729.6 3,573.9 3,549.7 3,588.9 3,525.1 3,444.5 3,463.3 3,578 3,533.9 3,355.1 17,837.9 16,260.5 15,985.1 15,633.5 14,667.9 20,225.2
Debt Metrics
Total Debt 9,643 11,162 9,784 9,886 5,087 5,072 5,152 4,854 4,617 4,479 4,479 4,276 3,911 3,616 3,379.6 3,104.9 2,663.1 2,468.6 2,234.6 1,891.1 1,924.4 2,048 2,140.1 2,247.7 2,344.1 2,412.2 2,492.1 2,325.3 2,330.3 2,276.1 2,368.8 2,248 2,190.6 2,275.4 2,229.5 2,161.4 2,138.5 2,194.3 2,139.9 2,130.4 134.7 0 0 0 0 0 0
Net Debt 9,600 11,110 9,723 9,833 5,039 4,989 5,010 4,784 4,554 4,408 4,408 4,239 3,871 3,562 3,322.7 3,052.8 2,640.3 2,433.5 2,199.4 1,856.5 1,891.5 2,015 2,086.3 2,164.5 2,288.3 2,379.2 2,457.6 2,297.4 2,305.8 2,248.3 2,350.8 2,204 2,147.6 2,233.9 2,210.4 2,149.4 2,114.2 2,182.7 2,088 2,087.8 122.4 (896.8) (800.7) (985.6) (570.9) (557.1) (397.3)
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 (24) 24 30 (35) (18) (46) 122 70 65 91 113 76 67 97.8 101.4 73 58 71.8 72.3 47.1 32.9 35.5 39.9 2 (3.7) 35.1 9.4 9.7 (6.7) 33.3 46.2 (0.3) (10.1) 214.3 12.8 (27.6) (39.2) (13.2) 3 (8) (1.5)
Depreciation & Amortization 315 319 316 240 205 215 207 195 189 192 196 189 178 172.8 165.1 153 140 132.9 122.5 117.1 116.2 115.7 117.4 117.1 116.2 122 117.6 115.5 115 114.4 112.6 110.7 107.1 109.2 109.7 106.9 104.6 107.3 100.9 94.8 92.3
Stock-Based Compensation 6 6 16 6 6 1 7 4 5 3 6 5 4 7.2 8.6 5 6 5.4 5.5 7.1 5.3 6.1 5.4 1.7 3.2 7 4.3 4.3 3.9 3.5 3.3 3.8 2.8 2.6 3 3 1.5 1.7 1.1 1.7 1
Change in Working Capital (3) (42) (82) 6 21 (32) (47) 38 (21) (44) (49) 2 (8) 4.7 (56.4) (60) (68) 8.8 (50.8) 7.9 (28.8) 16.5 (35.9) 41.9 (40) 5.1 (31.2) (8.9) 6.6 29.9 (40.8) (27.7) 26.4 (50.4) (24.7) (69.3) 20.1 (69.1) 42.8 (5) (6.5)
Other Non-Cash Items 2 53 18 53 (14) 191 10 0 (7) 0 (7) (8) (9) 5.1 10.8 7 2 5.9 4.7 3.9 2.9 13.9 5.1 16 25 8.9 72.8 18.8 15.7 7.1 22.9 16.4 8.1 13 20.7 45.6 14.3 32.5 11.3 17.1 16.9
Operating Cash Flow 277 349 358 241 171 331 336 318 240 290 280 281 235 293.5 264.3 215.9 143 240.8 175.3 193.2 134.7 186.9 143.6 178.9 101.5 194.4 168.6 141.4 131.2 184.1 142.1 103.7 129.2 91.8 127.3 36.4 86.2 62.5 162.8 106 102.1
Investing Activities
Capital Expenditure (41) (296) (457) (281) (220) (329) (341) (328) (211) (257) (439) (415) (365) (349.3) (340.1) (283.1) (300) (163.7) (217.9) (155.9) (104.3) (80.3) (118.2) (88.5) (98.5) (153.7) (264) (183.6) (94) (173) (342.3) (236.8) (96.9) (162.6) (226.6) (112.7) (74.1) (161.2) (199) (114.5) (41.4)
Acquisitions 130 467 94 (4,240) (11) (33) (277) (142) (148) (98) (60) (134) (138) (74.3) (123.8) (225) (73) (205.8) (207.3) (17.9) 0 (36.4) 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 0 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 0 0 0 0 0 0 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 Investing Activities 0 (79) 86 47 65 60 19 25 33 61 105 26 19 35.5 21 (18) 13 22 5.9 23.8 28.7 71.4 41.7 39.2 36.2 43.8 36.2 59.2 70.5 89 60.5 78.4 54.1 48.7 37.3 40.4 46.6 3.3 35.3 31.9 47.2
Investing Cash Flow (183) (31) (234) (4,427) (133) (268) (543) (404) (296) (257) (394) (479) (451) (366.1) (442.9) (526.1) (347) (347.5) (409.1) (142.5) (62.2) (35.9) (70) (39.3) (62.3) (87.9) (227.8) (124.4) (23.5) (84) (281.8) (158.4) (42.8) (113.9) (189.3) (72.3) (27.5) (157.9) (163.7) (82.6) 5.8
Financing Activities
Net Debt Issuance (74) (164) (93) 4,219 (46) (104) 297 119 78 (3) 164 274 289 146.6 261 356 223 120.4 234.9 (48.9) (67.8) (178.8) (105) (113.2) (13.9) (122.2) 121.8 (14.8) (109.9) (91.6) 117.3 57.5 (85.1) 43.7 67.7 22.9 (58.5) 54.3 9.4 2,071.4 (2.5)
Stock Repurchased (7) (8) 0 0 0 0 0 0 0 (13) 0 (63) (44) (61.9) (53) 0 0 (0.3) 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 (24) (23) (23) (20) (21) (19) (19) (19) (20) (17) (18) (18) (20) (16.6) (17) (17.2) (17) (14.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 0 (2) (9) (7) 0 0 (9) (10) 0 2 2 (23) 0.9 (7) 1 (14) 0.1 0 (0.3) (5) 4.9 1.6 0.3 (1.9) 14 (55.7) 1 (1.8) 1 (4.7) (0.9) 0.3 0.4 0.2 0.3 (3.7) 1.6 0.9 (2,063.9) (109.9)
Financing Cash Flow (103) (193) (116) 4,191 (73) (121) 279 93 48 (33) 148 195 202 69 184 339.7 192 106.7 234.9 (49.2) (72.8) (173.9) (103.4) (112.9) (15.8) (108.2) 66.1 (13.8) (111.2) (90) 113.1 57.1 (84.4) 44.5 68.3 23.2 (58.5) 55.9 10.3 7 (111.9)
Cash Position
Net Change in Cash (9) 126 8 5 (35) (59) 72 7 (8) 0 34 (3) (14) (3.4) 4.8 29.3 (12) (0.1) 0.6 1.7 (0.1) (20.8) (29.4) 27.4 22.8 (1.5) 6.6 3.4 (3.3) 9.8 (26) 1 1.5 22.4 7.1 (12.3) 0.3 (40.3) 9.3 30.3 (3.4)
Cash at Beginning 52 61 53 48 83 142 70 63 71 71 37 40 54 56.9 52.1 22.8 35 35.2 34.6 32.9 33 53.8 83.2 55.8 33 34.5 27.9 24.5 27.8 18 44 43 41.5 19.1 12 24.3 24 51.9 42.6 12.3 15.7
Cash at End 43 187 61 53 48 83 142 70 63 71 71 37 40 53.5 56.9 52.1 23 35.1 35.2 34.6 32.9 33 53.8 83.2 55.8 33 34.5 27.9 24.5 27.8 18 44 43 41.5 19.1 12 24.3 11.6 51.9 42.6 12.3
Free Cash Flow 236 53 (99) (40) (49) 2 (5) (10) 29 33 (159) (134) (130) (55.8) (75.8) (67.2) (157) 77.1 (42.6) 37.3 30.4 106.6 25.4 90.4 3 40.7 (95.4) (42.2) 37.2 11.1 (200.2) (133.1) 32.3 (70.8) (99.3) (76.3) 12.1 (98.7) (36.2) (8.5) 60.7
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 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 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1
Income Statement
Revenue 1,139 1,209 1,304 1,002 861 951 965 848 804 832 908 802 740 787 745 640 568 578 550.4 490.9 453.8 520.4 456.7 368 436.2 540.1 508.1 475.1 475.7 543.7 516.2 485.5 431.3 491.7 457.6 415.8 389.4 405.2 403.6 380.4 365.6 422.4 431.8 422.7 401.3 481.6 (2,431.5) 3,069.4 2,714.6 2,436.5 2,318.5 2,516.2 2,225.1 1,960.9 2,013.8 2,432.3 2,072.3 1,780.0 1,835.8 2,186.3 1,879.6 1,660.9 1,740.7 2,041.4 1,754.5 1,564.9 1,788.7 2,421.9 2,275.3 2,039.2 2,138.8 2,449.6 2,175.7 1,921.5
Gross Profit 326 327 375 332 278 374 385 306 285 324 347 296 256 318 305 243 199 223.8 215.9 157.2 127.8 143.1 134.7 87.2 99.1 158.3 163.8 125.3 94.9 159.1 161.8 110.1 91 135.8 133.8 90.4 64.3 96.2 105 84.3 66.6 108.2 108.9 98.4 88 109.8 (4,365.7) 867.3 667.6 498.3 (46.4) 1,275.1 516.5 331.7 429.3 661.4 465.3 270.2 347.7 527.8 347.8 188.7 255.9 423.8 286.6 119.7 125.1 475.1 466.9 333.8 485.4 698.5 514.9 339.4
Operating Income 175 174 209 205 160 252 262 189 173 208 232 185 150 205 193 146 110 134 134.4 83.2 62.3 73.3 73.7 30.4 29.3 84.7 87.6 51.8 23.4 77 83.4 32.8 16.5 57.8 49.3 11.6 (16.8) 24.5 38.2 10.1 4.1 48.7 46.1 27.3 15.9 40.7 (246.1) 590.5 392.6 246.6 (376.8) 1,074.1 309.9 123.9 259.4 463.8 269.7 88.0 191.6 359.1 175.8 21.0 102.8 244.0 145.1 (47.0) (48.8) 240.7 298.9 140.4 295.5 495.3 332.5 139.0
Net Income (24) 24 30 (35) (18) (46) 122 70 65 91 113 76 67 98 101 73 58 71.8 72.3 47.1 32.9 35.5 39.9 2 (3.7) 35.1 9.4 9.7 (6.7) 33.3 46.2 (0.3) (10.1) 214.3 12.8 (27.6) (39.2) (13.2) 3 (8) (1.5) 78.2 20.8 10.6 1.7 17.1 (126.3) 441.9 302.4 126.5 (44.2) 494.9 224.6 (56.3) 249.5 206.7 129.2 (132.6) (29.2) 156.6 (25.1) (150.4) (203.4) 64.5 53.7 (163.5) (1,218.0) 17.7 51.2 (57.7) 80.7 162.7 83.7 (62.6)
EPS (Diluted) -0.72 0.72 0.90 -1.17 -0.63 -1.61 4.28 2.46 2.29 3.20 3.96 2.66 2.28 3.27 3.36 2.38 1.92 2.36 2.37 1.55 1.09 1.19 1.35 0.07 -0.13 1.20 0.32 0.33 -0.23 1.16 1.60 -0.01 -0.36 7.44 0.45 -0.98 -1.39 -0.49 0.11 -0.28 -0.05 2.76 0.73 0.37 0.06 0.60 -5.44 19.01 13.00 5.49 -1.97 22.22 10.04 -2.69 11.22 9.38 5.72 -6.41 -1.42 7.28 -1.22 -7.32 -10.95 3.04 3.08 -10.11 -75.48 1.09 3.18 -3.58 4.96 9.94 5.11 -3.90
Balance Sheet
Cash & Equivalents 43 52 61 53 48 83 142 70 63 71 71 37 40 54 56.9 52.1 22.8 35.1 35.2 34.6 32.9 33 53.8 83.2 55.8 33 34.5 27.9 24.5 27.8 18 44 43 41.5 19.1 12 24.3 11.6 51.9 42.6 12.3 896.8 800.7 985.6 570.9 557.1 397.3
Total Assets 13,564 13,776 13,927 14,018 7,705 7,877 8,172 7,575 7,207 7,061 6,893 6,695 6,276 5,957 5,684 5,310 4,717.6 4,490.4 4,132.6 3,682.6 3,576 3,588.4 3,662 3,711.7 3,767.2 3,817 3,903.1 3,801.5 3,666.4 3,610.2 3,770.8 3,729.6 3,573.9 3,549.7 3,588.9 3,525.1 3,444.5 3,463.3 3,578 3,533.9 3,355.1 17,837.9 16,260.5 15,985.1 15,633.5 14,667.9 20,225.2
Total Debt 9,643 11,162 9,784 9,886 5,087 5,072 5,152 4,854 4,617 4,479 4,479 4,276 3,911 3,616 3,379.6 3,104.9 2,663.1 2,468.6 2,234.6 1,891.1 1,924.4 2,048 2,140.1 2,247.7 2,344.1 2,412.2 2,492.1 2,325.3 2,330.3 2,276.1 2,368.8 2,248 2,190.6 2,275.4 2,229.5 2,161.4 2,138.5 2,194.3 2,139.9 2,130.4 134.7 0 0 0 0 0 0
Stockholders' Equity 1,898 1,948 1,929 1,911 1,358 1,396 1,477 1,362 1,308 1,273 1,199 1,102 1,087 1,108 1,083.1 1,065.3 1,011.7 976.9 909.2 835.4 778 742 686.5 634 619.9 644.3 593 583.7 565.8 572.7 554.3 495.3 500.3 510.4 288.8 258.8 281.7 322.4 352.4 347.4 2,219.8 1,895.8 1,922.1 2,080.1 1,776.5 1,290.1 2,826.2
Cash Flow
Operating Cash Flow 277 349 358 241 171 331 336 318 240 290 280 281 235 293.5 264.3 215.9 143 240.8 175.3 193.2 134.7 186.9 143.6 178.9 101.5 194.4 168.6 141.4 131.2 184.1 142.1 103.7 129.2 91.8 127.3 36.4 86.2 62.5 162.8 106 102.1
Capital Expenditure (41) (296) (457) (281) (220) (329) (341) (328) (211) (257) (439) (415) (365) (349.3) (340.1) (283.1) (300) (163.7) (217.9) (155.9) (104.3) (80.3) (118.2) (88.5) (98.5) (153.7) (264) (183.6) (94) (173) (342.3) (236.8) (96.9) (162.6) (226.6) (112.7) (74.1) (161.2) (199) (114.5) (41.4)
Free Cash Flow 236 53 (99) (40) (49) 2 (5) (10) 29 33 (159) (134) (130) (55.8) (75.8) (67.2) (157) 77.1 (42.6) 37.3 30.4 106.6 25.4 90.4 3 40.7 (95.4) (42.2) 37.2 11.1 (200.2) (133.1) 32.3 (70.8) (99.3) (76.3) 12.1 (98.7) (36.2) (8.5) 60.7