IDXX - IDEXX Laboratories, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$747.50
DETAILS
HIGH:
$800.00
LOW:
$640.00
MEDIAN:
$775.00
CONSENSUS:
$747.50
UPSIDE:
33.63%
| 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 | 4,303.7 | 3,897.5 | 3,661.0 | 3,367.3 | 3,215.4 | 2,706.7 | 2,406.9 | 2,213.2 | 1,969.1 | 1,775.4 | 1,601.9 | 1,485.8 | 1,377.1 | 1,293.3 | 1,218.7 | 1,103.4 | 1,031.6 | 1,024.0 | 922.6 | 739.1 | 638.1 | 549.2 | 476.0 | 412.7 | 386.1 | 367.4 | 356.2 | 319.9 | 263 | 267.7 | 188.6 | 126.4 | 93.1 |
| Cost of Revenue | 1,644.1 | 1,518.6 | 1,471.0 | 1,363.0 | 1,325.9 | 1,135.6 | 1,041.4 | 971.7 | 871.7 | 800.0 | 711.6 | 669.7 | 620.9 | 594.2 | 572.2 | 524.8 | 505.4 | 494.3 | 459.0 | 359.6 | 315.2 | 270.2 | 245.7 | 219.9 | 202.8 | 170.8 | 164.9 | 142.2 | 119.8 | 102.9 | 75.2 | 48.7 | 34.2 |
| Gross Profit | 2,659.6 | 2,378.9 | 2,190.0 | 2,004.3 | 1,889.4 | 1,571.0 | 1,365.5 | 1,241.5 | 1,097.4 | 975.4 | 890.3 | 816.1 | 756.1 | 699.1 | 646.5 | 578.6 | 526.3 | 529.8 | 463.5 | 379.5 | 322.9 | 279.0 | 230.3 | 192.7 | 183.3 | 196.7 | 191.3 | 177.7 | 143.2 | 164.8 | 113.4 | 77.7 | 58.9 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 251.2 | 219.8 | 191.0 | 254.8 | 161.0 | 141.2 | 133.2 | 117.9 | 109.2 | 101.1 | 99.7 | 98.3 | 88.0 | 82.0 | 76.0 | 68.6 | 65.1 | 70.6 | 67.3 | 53.6 | 40.9 | 35.4 | 32.3 | 29.3 | 28.4 | 28.3 | 27.3 | 21.5 | 17.1 | 12.2 | 10.2 | 8.2 | 0 |
| SG&A Expenses | 1,048.3 | 1,030.8 | 901.9 | 850.8 | 796.4 | 735.3 | 679.5 | 632.3 | 575.2 | 524.1 | 482.5 | 457.6 | 401.4 | 354.6 | 334.2 | 306.1 | 285.2 | 285.3 | 260.0 | 198.0 | 166.6 | 135.6 | 117.6 | 97.6 | 98.4 | 95.6 | 100 | 111.2 | 116.1 | 95.2 | 64.6 | 42.2 | 41.2 |
| Other Expenses | 0 | 0 | 0 | 2.2 | 1.5 | 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 |
| Operating Expenses | 1,299.5 | 1,250.6 | 1,092.8 | 1,105.6 | 957.4 | 876.5 | 812.7 | 750.2 | 684.4 | 625.2 | 582.1 | 555.9 | 489.4 | 436.6 | 410.3 | 374.7 | 350.3 | 357.3 | 327.3 | 251.6 | 207.6 | 171.0 | 149.9 | 126.9 | 126.8 | 143.4 | 144.5 | 148.6 | 147.6 | 117.8 | 80.5 | 54.9 | 45 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 1,360.0 | 1,128.3 | 1,097.1 | 898.8 | 932.0 | 694.5 | 552.8 | 491.3 | 413.0 | 350.2 | 299.9 | 260.3 | 266.8 | 262.6 | 236.2 | 203.9 | 176.0 | 172.5 | 136.2 | 127.9 | 115.3 | 108.0 | 80.4 | 65.8 | 56.6 | 53.3 | 46.8 | 29.1 | (4.4) | 47 | 32.9 | 22.8 | 13.9 |
| Interest Expense | 38.3 | 31.2 | 41.6 | 39.9 | 29.8 | 33.1 | 31.1 | 34.7 | 37.2 | 32.0 | 29.2 | 15.4 | 5.4 | 3.8 | 1.8 | 1.8 | 1.4 | 4.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 2.4 | 12.7 | 5.6 | 1.1 | 0.4 | 0.6 | 0.4 | 1.2 | 5.3 | 3.7 | 2.5 | 1.7 | 1.9 | 1.9 | 0 | 0 | 0 | 2.3 | 0 | 0 | 3.1 | 3.1 | 2.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 1,468.9 | 1,275.8 | 1,217.7 | 1,014.5 | 1,039.9 | 793.8 | 643.7 | 575.7 | 501.4 | 431.7 | 370.3 | 319.8 | 322.3 | 316.2 | 284.7 | 250.5 | 226.2 | 223.6 | 177.3 | 157.7 | 139.7 | 126.5 | 80.4 | 65.8 | 78.8 | 72.7 | 64 | 45.1 | 10 | 57.4 | 38.6 | 27.3 | 17.7 |
| EBIT | 1,362.5 | 1,141.0 | 1,102.8 | 899.8 | 932.5 | 695.1 | 553.3 | 492.5 | 418.3 | 353.9 | 302.4 | 262.0 | 268.6 | 264.5 | 238.0 | 204.5 | 176.5 | 174.8 | 136.2 | 127.9 | 115.3 | 108.0 | 80.4 | 65.8 | 56.6 | 53.3 | 46.8 | 29.2 | (4.4) | 47 | 32.9 | 22.8 | 13.9 |
| Income Before Tax | 1,324.2 | 1,109.8 | 1,061.2 | 860.0 | 902.7 | 662.0 | 522.2 | 457.7 | 381.1 | 321.8 | 273.1 | 246.6 | 263.3 | 260.6 | 234.4 | 202.1 | 174.5 | 170.2 | 134.8 | 130.8 | 118.5 | 111.1 | 83.3 | 68.8 | 58.8 | 58.2 | 52.6 | (1.2) | (32.2) | 55.3 | 37 | 22.8 | 15.1 |
| Income Tax Expense | 264.7 | 222.0 | 216.1 | 180.9 | 157.8 | 79.9 | 94.4 | 80.7 | 117.8 | 99.8 | 81.0 | 64.6 | 75.5 | 82.3 | 72.7 | 60.8 | 52.3 | 54.0 | 40.8 | 37.2 | 40.7 | 33.2 | 26.3 | 23.4 | 21.2 | 21.6 | 20 | 14 | (11.1) | 22.7 | 15.5 | 9.5 | 5.4 |
| Net Income | 1,059.5 | 887.9 | 845.0 | 679.1 | 744.8 | 581.8 | 427.7 | 377.0 | 263.1 | 222.0 | 192.1 | 181.9 | 187.8 | 178.3 | 161.8 | 141.3 | 122.2 | 116.2 | 94.0 | 93.7 | 78.3 | 78.3 | 57.1 | 45.4 | 37.6 | 36.6 | 32.6 | (15.2) | (21.1) | 32.6 | 21.5 | 13.3 | 9.7 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 13.17 | 10.77 | 10.17 | 8.12 | 8.74 | 6.82 | 4.97 | 4.34 | 3.00 | 2.47 | 2.07 | 1.82 | 1.77 | 1.62 | 1.43 | 1.23 | 1.04 | 0.97 | 0.77 | 0.75 | 0.60 | 0.57 | 0.42 | 0.34 | 0.28 | 0.27 | 0.21 | -0.10 | -0.14 | 0.22 | 0.16 | 0.11 | 0.08 |
| EPS (Diluted) | 13.08 | 10.67 | 10.06 | 8.03 | 8.60 | 6.71 | 4.89 | 4.26 | 2.94 | 2.44 | 2.05 | 1.79 | 1.74 | 1.59 | 1.39 | 1.19 | 1.00 | 0.94 | 0.73 | 0.71 | 0.57 | 0.55 | 0.40 | 0.33 | 0.27 | 0.26 | 0.21 | -0.10 | -0.14 | 0.21 | 0.15 | 0.10 | 0.07 |
| Shares Outstanding | 80.1 | 82.5 | 83.1 | 83.6 | 85.2 | 85.3 | 86.1 | 86.9 | 87.8 | 89.7 | 92.6 | 100.1 | 106.3 | 110.0 | 113.6 | 115.4 | 117.6 | 119.9 | 123.1 | 125.7 | 130.1 | 136.9 | 137.1 | 134.5 | 133.2 | 138.3 | 153.4 | 152 | 150.7 | 148.2 | 132.3 | 126.7 | 125.2 |
| 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 | 180.1 | 288.3 | 453.9 | 112.5 | 144.5 | 383.9 | 90.3 | 123.8 | 187.7 | 154.9 | 106.7 | 78.9 | 47.2 | 186.7 | 113.8 | 66.7 | 46.0 | 58.6 | 109.1 | 107 | 127.7 | 149.3 | 25.2 | 18.9 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 284.3 | 236.9 | 0 | 0 | 90.1 | 34.0 | 33.4 | 12.9 | 29.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 693.2 | 561.3 | 529.5 | 490.9 | 425.6 | 374.7 | 307.5 | 258.5 | 270.1 | 232.2 | 115.1 | 111.5 | 0 | 54.0 | 45.7 | 50.8 | 57.3 | 58.4 | 47.9 | 47.3 | 66.6 | 47.3 | 25.8 | 21.4 |
| Inventory | 377.8 | 381.9 | 380.3 | 367.8 | 269.0 | 209.9 | 195.0 | 173.3 | 164.3 | 158.0 | 110.4 | 115.9 | 76.4 | 75.3 | 75.1 | 86.2 | 65.9 | 47.5 | 55.4 | 60.2 | 48.4 | 28.2 | 20.8 | 14.6 |
| Other Current Assets | 31.3 | 109.8 | 83.1 | 88.5 | 74.6 | 59.6 | 54.8 | 54.1 | 101.1 | 91.2 | 44.1 | 49.6 | 22.3 | 20.6 | 134.9 | 19.1 | 17.4 | 67.9 | 50.9 | 59.7 | 59 | 37.2 | 26.7 | 21.9 |
| Total Current Assets | 1,340.3 | 1,399.9 | 1,495.3 | 1,101.5 | 955.7 | 1,062.7 | 679.6 | 654.2 | 972.0 | 845.6 | 376.3 | 355.9 | 301.6 | 370.6 | 289.1 | 235.6 | 215.8 | 232.4 | 263.3 | 274.2 | 301.7 | 262 | 98.5 | 76.8 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 870.6 | 829.3 | 817.7 | 768.1 | 692.8 | 646.3 | 614.5 | 437.3 | 379.1 | 357.4 | 199.9 | 189.6 | 62.6 | 45.2 | 49.5 | 49.2 | 45.7 | 39.5 | 41.5 | 41 | 36.4 | 25.5 | 13.4 | 12 |
| Goodwill | 414.0 | 405.1 | 366.0 | 361.8 | 359.3 | 243.3 | 239.7 | 214.5 | 199.9 | 178.2 | 148.7 | 138.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 109.8 | 111.7 | 84.5 | 97.7 | 99.0 | 52.5 | 58.5 | 41.8 | 43.8 | 46.2 | 63.9 | 68.3 | 124.5 | 61.8 | 56.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.2 | 8.9 |
| Long-Term Investments | 297.1 | 57.7 | 56.2 | 55.5 | 18.6 | 12.1 | 13.7 | 10.9 | 9.9 | 11.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 291.1 | 364.2 | 333.0 | 307.0 | 287.0 | 246.0 | 218.4 | 170.2 | 101.0 | 86.6 | 18.6 | 11.6 | 25.5 | 44.3 | 23.8 | 88.3 | 74.3 | 86.0 | 81.7 | 61.8 | 35.8 | 25 | 1.6 | 0.3 |
| Total Non-Current Assets | 2,010.5 | 1,893.5 | 1,764.7 | 1,645.3 | 1,481.5 | 1,231.8 | 1,152.8 | 883.2 | 741.4 | 685.1 | 432.2 | 409.5 | 212.6 | 151.3 | 127.5 | 137.5 | 120.0 | 127.8 | 127.2 | 102.8 | 72.2 | 50.5 | 23.2 | 21.2 |
| Total Assets | 3,350.8 | 3,293.4 | 3,259.9 | 2,746.8 | 2,437.2 | 2,294.6 | 1,832.5 | 1,537.3 | 1,713.4 | 1,530.7 | 808.5 | 765.4 | 514.2 | 521.9 | 416.7 | 373.1 | 335.8 | 360.2 | 390.5 | 377 | 373.9 | 312.5 | 121.7 | 98 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 110.4 | 114.2 | 110.6 | 110.2 | 116.1 | 74.6 | 72.2 | 69.5 | 67.0 | 60.1 | 19.1 | 28.0 | 14.7 | 19.2 | 9.4 | 10.9 | 13.7 | 21.8 | 26.8 | 12.5 | 18.7 | 10.8 | 9.2 | 7.2 |
| Short-Term Debt | 500.1 | 417.8 | 325.0 | 654.0 | 148.5 | 50.0 | 288.8 | 398.9 | 655 | 611 | 119.6 | 151.4 | 1.3 | 0.5 | 1.0 | 8.4 | 8.5 | 3.5 | 5.2 | 4.1 | 3 | 1.7 | 0 | 0 |
| Deferred Revenue | 35.3 | 33.8 | 37.2 | 37.9 | 40.0 | 42.6 | 41.5 | 41.3 | 29.2 | 27.4 | 12.6 | 11.3 | 10.2 | 8.3 | 13.6 | 13.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 202.0 | 174.6 | 174.4 | 143.0 | 182.9 | 167.6 | 127.2 | 109.5 | 102.9 | 91.1 | 0 | 0 | 2.8 | 2.2 | 0 | 0 | 51.9 | 48.3 | 42.5 | 57.7 | 29.4 | 20.9 | 12.8 | 7.1 |
| Total Current Liabilities | 1,148.8 | 1,067.9 | 951.5 | 1,235.8 | 763.6 | 582.8 | 725.3 | 770.4 | 1,004.6 | 934.6 | 256.3 | 295.3 | 100.0 | 100.7 | 75.7 | 71.4 | 74.0 | 75.5 | 78.5 | 74.3 | 51.1 | 33.4 | 22 | 14.3 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 476.0 | 449.8 | 622.9 | 694.4 | 775.2 | 858.5 | 698.9 | 601.3 | 606.1 | 593.1 | 4.3 | 5.1 | 0.5 | 0.8 | 0 | 0 | 0 | 0.3 | 4.2 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 31.9 | 11.3 | 7.2 | 8.2 | 8.9 | 11.7 | 33.0 | 29.3 | 25.4 | 39.3 | 18.3 | 11.9 | 8.4 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | (44.6) | 44.3 | 65.5 | 67.6 | 70.9 | 85.6 | 81.2 | 84.8 | 95.7 | 38.9 | 11.3 | 11.1 | 1.0 | 1.1 | 0 | 0 | 0 | (0.3) | 0 | 0 | 0.1 | 0 | 0 | 0.1 |
| Total Non-Current Liabilities | 596.6 | 630.2 | 823.8 | 902.2 | 983.6 | 1,079.0 | 929.3 | 776.1 | 762.7 | 704.3 | 37.6 | 32.0 | 16.6 | 7.8 | 6.2 | 0 | 0 | 0.4 | 4.2 | 1.4 | 0.1 | 0 | (0.1) | 0.1 |
| Total Liabilities | 1,745.4 | 1,698.1 | 1,775.4 | 2,138.0 | 1,747.2 | 1,661.8 | 1,654.7 | 1,546.6 | 1,767.3 | 1,638.9 | 293.9 | 327.2 | 116.6 | 108.6 | 75.7 | 71.4 | 74.0 | 75.9 | 82.7 | 74.3 | 51.2 | 33.4 | 21.9 | 14.4 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 10.8 | 10.8 | 10.8 | 10.7 | 10.7 | 10.6 | 10.6 | 10.5 | 10.4 | 10.3 | 9.6 | 9.5 | 4.5 | 4.4 | 4.2 | 4.1 | 4.0 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 6,391.9 | 5,332.4 | 4,444.6 | 3,599.5 | 2,920.4 | 2,175.6 | 1,595.6 | 1,167.9 | 803.5 | 540.4 | 824.3 | 702.0 | 318.7 | 240.3 | 183.3 | 137.9 | 100.3 | 63.6 | 31 | 46.3 | 67.4 | 45.2 | 23.7 | 10.4 |
| Accumulated Other Comprehensive Income | (62.8) | (93.6) | (71.2) | (77.8) | (53.5) | (53.6) | (46.2) | (41.8) | (36.5) | (43.1) | 10.3 | 5.7 | 12.0 | 4.7 | (2.5) | (6.7) | (5.0) | (3.5) | (41) | (30.4) | (22.9) | 0 | 0 | 0 |
| Total Stockholders' Equity | 1,605.4 | 1,595.3 | 1,484.5 | 608.7 | 690.0 | 632.1 | 177.5 | (9.5) | (54.1) | (108.4) | 514.6 | 438.2 | 397.7 | 413.3 | 341.0 | 301.7 | 261.7 | 284.3 | 307.8 | 302.7 | 322.7 | 279.1 | 99.8 | 83.6 |
| Total Liabilities & Equity | 3,350.8 | 3,293.4 | 3,259.9 | 2,746.8 | 2,437.2 | 2,294.6 | 1,832.5 | 1,537.3 | 1,713.4 | 1,530.7 | 808.5 | 765.4 | 514.2 | 521.9 | 416.7 | 373.1 | 335.8 | 360.2 | 390.5 | 377 | 373.9 | 312.5 | 121.7 | 98 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 1,077.2 | 986.9 | 1,067.4 | 1,470.0 | 1,031.0 | 1,003.3 | 1,070.4 | 1,000.3 | 1,261.1 | 1,204.1 | 123.9 | 156.5 | 1.8 | 1.3 | 1.0 | 8.4 | 8.5 | 3.8 | 9.4 | 4.1 | 3 | 1.7 | 0 | 0 |
| Net Debt | 897.1 | 698.7 | 613.4 | 1,357.5 | 886.6 | 619.3 | 980.1 | 876.5 | 1,073.4 | 1,049.2 | 17.2 | 77.6 | (45.3) | (95.7) | (112.8) | (58.3) | (37.5) | (54.7) | (99.7) | (102.9) | (124.7) | (147.6) | (25.2) | (18.9) |
| 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 | 1,059.5 | 887.9 | 845.0 | 679.1 | 744.8 | 582.1 | 427.8 | 377.0 | 263.3 | 222.1 | 78.3 | 78.3 | 57.1 | 45.4 | 37.6 | 36.6 | 32.6 | (15.2) | (21.1) | 32.6 | 21.5 | 13.3 | 9.7 |
| Depreciation & Amortization | 145.2 | 129.9 | 114.9 | 111.9 | 104.6 | 96.0 | 88.0 | 83.2 | 83.1 | 78.2 | 24.4 | 18.4 | 18.9 | 20.1 | 22.2 | 19.5 | 17.2 | 15.9 | 14.4 | 10.4 | 5.7 | 4.5 | 3.8 |
| Stock-Based Compensation | 0 | 60.3 | 59.7 | 49.8 | 37.8 | 31.0 | 39.3 | 25.2 | 23.5 | 19.9 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (227.5) | (133.2) | (72.4) | (273.5) | (137.5) | (31.8) | (105.0) | (91.6) | 8.4 | 3.0 | 10.7 | (13.6) | 21.8 | 33.1 | (13.1) | (31.3) | 0.8 | 8.1 | 5.4 | (35) | (20.5) | (3.2) | (6.1) |
| Other Non-Cash Items | 69.7 | 8.3 | 7.6 | 10.8 | 9.3 | 8.8 | 2.9 | 5.1 | 2.9 | (9.5) | 7.5 | 7.5 | 20.4 | 0.9 | 0 | 0 | 0 | 37.3 | 14.8 | 0 | 0.1 | 0.2 | 0 |
| Operating Cash Flow | 1,178.1 | 929.0 | 906.5 | 543.0 | 755.5 | 648.1 | 459.2 | 400.1 | 373.3 | 334.6 | 116.6 | 95.4 | 117.2 | 103.3 | 46.4 | 28.2 | 52.6 | 46.1 | 13.5 | 8 | 6.8 | 14.8 | 7.4 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (124.7) | (130.9) | (133.6) | (148.8) | (119.5) | (107.6) | (155.2) | (122.9) | (76.7) | (64.8) | (24.2) | (31.7) | (16.9) | (15.1) | (17.4) | (15.5) | (12.4) | (48.1) | (35.5) | (11.8) | (15.9) | (4.4) | (2.1) |
| Acquisitions | 0 | (77.7) | 0 | (46.5) | (173.4) | (1.8) | (50.3) | (22.5) | (14.6) | (2.0) | (10.2) | (53.9) | (2.3) | (1.4) | 0 | (11.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (0.8) | 0 | 0 | (25) | 0 | 0 | 0 | (0.1) | (334.2) | (227.9) | (63.6) | (37.1) | (58.2) | (32.6) | (4.6) | 10.4 | (25.8) | 0 | 0 | (5.1) | (22.8) | (4.8) | (6.5) |
| Sales/Maturities of Investments | 0 | 1.6 | 0 | 71.5 | 0 | 0 | 0 | 284.1 | 286.8 | 203.9 | 107.9 | 86.0 | 37.9 | 18.7 | 0 | 43.2 | 0 | 0 | 6.5 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 2.7 | (10) | 8.4 | (46.5) | 0 | 0 | 0 | 0 | 0 | 0 | 2.8 | 0 | (2.7) | (2.4) | (4.2) | (1.9) | (0.8) | (0.3) | (3.7) | (21.6) | (3.6) | (2.2) | (0.2) |
| Investing Cash Flow | (136.2) | (207.1) | (125.3) | (195.3) | (293.0) | (109.4) | (205.5) | 138.6 | (138.7) | (90.8) | 12.6 | (36.8) | (42.2) | (32.8) | (26.2) | 24.2 | (39) | (48.4) | (32.7) | (38.5) | (42.3) | (11.4) | (8.8) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | (30.4) | (75) | (404) | 430.5 | 23.5 | (94.7) | (10.3) | (256.0) | 44 | 38 | (2.1) | (0.4) | (0.5) | (7.5) | (0.1) | (3.3) | (6.4) | (2.5) | (1.5) | (1.9) | 1.7 | 0 | 0 |
| Stock Repurchased | (1,217.0) | (837.0) | (71.9) | (819.7) | (746.8) | (182.8) | (301.7) | (369.3) | (290.6) | (304.1) | (123.8) | (129.2) | (35.8) | (29.8) | (13.0) | (70.3) | (64.2) | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 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 | (7.2) | (10.5) | (13.1) | (17.0) | (20.7) | (22.3) | (10.4) | (10.6) | 0 | 10.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | 0 | 0 | (0.1) | 0 | 0.1 |
| Financing Cash Flow | (1,161.2) | (878.1) | (442.0) | (370.9) | (697.4) | (248.4) | (286.4) | (597.8) | (208.0) | (217.8) | (107.0) | (110.2) | (5.2) | (25.3) | 0.9 | (63.4) | (64) | 3.2 | 1.5 | 10 | 159.7 | 2.4 | 2.4 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | (108.2) | (165.7) | 341.4 | (31.9) | (239.5) | 293.6 | (33.5) | (63.9) | 32.8 | 25.9 | 20.0 | (49.8) | 72.9 | 47.1 | 20.7 | (12.6) | (50.5) | 2.1 | (20.8) | (21.5) | 124 | 6.2 | 0.9 |
| Cash at Beginning | 288.3 | 453.9 | 112.5 | 144.5 | 383.9 | 90.3 | 123.8 | 187.7 | 154.9 | 129.0 | 47.2 | 96.9 | 113.8 | 66.7 | 46.0 | 58.6 | 109.1 | 107 | 127.7 | 149.3 | 25.2 | 18.9 | 18 |
| Cash at End | 180.1 | 288.3 | 453.9 | 112.5 | 144.5 | 383.9 | 90.3 | 123.8 | 187.7 | 154.9 | 67.2 | 47.2 | 186.7 | 113.8 | 66.7 | 46.0 | 58.6 | 109.1 | 106.9 | 127.8 | 149.2 | 25.1 | 18.9 |
| Free Cash Flow | 1,053.4 | 798.1 | 772.9 | 394.1 | 636.0 | 540.4 | 303.9 | 277.1 | 296.6 | 269.8 | 92.4 | 63.7 | 100.3 | 88.2 | 29.0 | 12.7 | 40.2 | (2) | (22) | (3.8) | (9.1) | 10.4 | 5.3 |
| 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 | 4,303.7 | 3,897.5 | 3,661.0 | 3,367.3 | 3,215.4 | 2,706.7 | 2,406.9 | 2,213.2 | 1,969.1 | 1,775.4 | 1,601.9 | 1,485.8 | 1,377.1 | 1,293.3 | 1,218.7 | 1,103.4 | 1,031.6 | 1,024.0 | 922.6 | 739.1 | 638.1 | 549.2 | 476.0 | 412.7 | 386.1 | 367.4 | 356.2 | 319.9 | 263 | 267.7 | 188.6 | 126.4 | 93.1 |
| Gross Profit | 2,659.6 | 2,378.9 | 2,190.0 | 2,004.3 | 1,889.4 | 1,571.0 | 1,365.5 | 1,241.5 | 1,097.4 | 975.4 | 890.3 | 816.1 | 756.1 | 699.1 | 646.5 | 578.6 | 526.3 | 529.8 | 463.5 | 379.5 | 322.9 | 279.0 | 230.3 | 192.7 | 183.3 | 196.7 | 191.3 | 177.7 | 143.2 | 164.8 | 113.4 | 77.7 | 58.9 |
| Operating Income | 1,360.0 | 1,128.3 | 1,097.1 | 898.8 | 932.0 | 694.5 | 552.8 | 491.3 | 413.0 | 350.2 | 299.9 | 260.3 | 266.8 | 262.6 | 236.2 | 203.9 | 176.0 | 172.5 | 136.2 | 127.9 | 115.3 | 108.0 | 80.4 | 65.8 | 56.6 | 53.3 | 46.8 | 29.1 | (4.4) | 47 | 32.9 | 22.8 | 13.9 |
| Net Income | 1,059.5 | 887.9 | 845.0 | 679.1 | 744.8 | 581.8 | 427.7 | 377.0 | 263.1 | 222.0 | 192.1 | 181.9 | 187.8 | 178.3 | 161.8 | 141.3 | 122.2 | 116.2 | 94.0 | 93.7 | 78.3 | 78.3 | 57.1 | 45.4 | 37.6 | 36.6 | 32.6 | (15.2) | (21.1) | 32.6 | 21.5 | 13.3 | 9.7 |
| EPS (Diluted) | 13.08 | 10.67 | 10.06 | 8.03 | 8.60 | 6.71 | 4.89 | 4.26 | 2.94 | 2.44 | 2.05 | 1.79 | 1.74 | 1.59 | 1.39 | 1.19 | 1.00 | 0.94 | 0.73 | 0.71 | 0.57 | 0.55 | 0.40 | 0.33 | 0.27 | 0.26 | 0.21 | -0.10 | -0.14 | 0.21 | 0.15 | 0.10 | 0.07 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 180.1 | 288.3 | 453.9 | 112.5 | 144.5 | 383.9 | 90.3 | 123.8 | 187.7 | 154.9 | 106.7 | 78.9 | 47.2 | 186.7 | 113.8 | 66.7 | 46.0 | 58.6 | 109.1 | 107 | 127.7 | 149.3 | 25.2 | 18.9 | |||||||||
| Total Assets | 3,350.8 | 3,293.4 | 3,259.9 | 2,746.8 | 2,437.2 | 2,294.6 | 1,832.5 | 1,537.3 | 1,713.4 | 1,530.7 | 808.5 | 765.4 | 514.2 | 521.9 | 416.7 | 373.1 | 335.8 | 360.2 | 390.5 | 377 | 373.9 | 312.5 | 121.7 | 98 | |||||||||
| Total Debt | 1,077.2 | 986.9 | 1,067.4 | 1,470.0 | 1,031.0 | 1,003.3 | 1,070.4 | 1,000.3 | 1,261.1 | 1,204.1 | 123.9 | 156.5 | 1.8 | 1.3 | 1.0 | 8.4 | 8.5 | 3.8 | 9.4 | 4.1 | 3 | 1.7 | 0 | 0 | |||||||||
| Stockholders' Equity | 1,605.4 | 1,595.3 | 1,484.5 | 608.7 | 690.0 | 632.1 | 177.5 | (9.5) | (54.1) | (108.4) | 514.6 | 438.2 | 397.7 | 413.3 | 341.0 | 301.7 | 261.7 | 284.3 | 307.8 | 302.7 | 322.7 | 279.1 | 99.8 | 83.6 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 1,178.1 | 929.0 | 906.5 | 543.0 | 755.5 | 648.1 | 459.2 | 400.1 | 373.3 | 334.6 | 116.6 | 95.4 | 117.2 | 103.3 | 46.4 | 28.2 | 52.6 | 46.1 | 13.5 | 8 | 6.8 | 14.8 | 7.4 | ||||||||||
| Capital Expenditure | (124.7) | (130.9) | (133.6) | (148.8) | (119.5) | (107.6) | (155.2) | (122.9) | (76.7) | (64.8) | (24.2) | (31.7) | (16.9) | (15.1) | (17.4) | (15.5) | (12.4) | (48.1) | (35.5) | (11.8) | (15.9) | (4.4) | (2.1) | ||||||||||
| Free Cash Flow | 1,053.4 | 798.1 | 772.9 | 394.1 | 636.0 | 540.4 | 303.9 | 277.1 | 296.6 | 269.8 | 92.4 | 63.7 | 100.3 | 88.2 | 29.0 | 12.7 | 40.2 | (2) | (22) | (3.8) | (9.1) | 10.4 | 5.3 | ||||||||||