INCY - Incyte Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$108.92
DETAILS
HIGH:
$140.00
LOW:
$90.00
MEDIAN:
$107.00
CONSENSUS:
$108.92
UPSIDE:
1.29%
| 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 | 5,141.2 | 4,241.2 | 3,695.6 | 3,394.6 | 2,986.3 | 2,666.7 | 2,158.8 | 1,881.9 | 1,536.2 | 1,105.7 | 753.8 | 511.5 | 354.9 | 297.1 | 94.5 | 169.9 | 9.3 | 3.9 | 34.4 | 27.6 | 7.8 | 14.1 | 41.2 | 95.5 | 219.3 | 194.2 | 157 | 134.8 | 90 | 41.9 | 12.2 | 0.2 | 0.3 |
| Cost of Revenue | 372.1 | 312.1 | 255.0 | 207 | 151.0 | 131.3 | 114.2 | 94.1 | 79.5 | 58.2 | 27 | 3.0 | 0.6 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (34.8) | (24.7) | (17.8) | (10.6) | (6.5) | (2.8) | (0.9) | 3.6 |
| Gross Profit | 4,769.1 | 3,929.1 | 3,440.7 | 3,187.6 | 2,835.3 | 2,535.4 | 2,044.5 | 1,787.8 | 1,456.7 | 1,047.5 | 726.8 | 508.5 | 354.3 | 296.9 | 94.5 | 169.9 | 9.3 | 3.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 229.0 | 181.7 | 152.6 | 100.6 | 48.4 | 15 | 1.1 | (3.3) |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 2,050.2 | 2,606.8 | 1,627.6 | 1,585.9 | 1,458.2 | 2,215.9 | 1,154.1 | 1,198.0 | 1,326.1 | 581.9 | 479.5 | 347.5 | 260.4 | 210.4 | 178.7 | 123.9 | 119.4 | 146.4 | 104.9 | 87.6 | 95.6 | 88.3 | 111.4 | 145.3 | 213.3 | 192.6 | 146.8 | 97.2 | 72.5 | 40.9 | 19.2 | 0 | 0 |
| SG&A Expenses | 1,376.2 | 1,222 | 1,155.7 | 1,002.1 | 739.6 | 516.9 | 468.7 | 434.4 | 366.3 | 303.3 | 196.6 | 165.8 | 110.0 | 85.4 | 58.2 | 32.3 | 27.6 | 17.1 | 15.2 | 16.9 | 13.0 | 74.7 | 45.2 | 82.5 | 70.6 | 64.2 | 37.2 | 25.4 | 13.9 | 50.8 | 3.9 | 12.3 | 1.2 |
| Other Expenses | 0 | (1.0) | 2.0 | 8.0 | 51.8 | 66.2 | 19.7 | 26.2 | 7.7 | 17.4 | (0.0) | 0 | 0 | 0 | 0.7 | (0.4) | 2.0 | (0.2) | (0.4) | 0 | 0 | 0 | 34.0 | 0.3 | 0 | 34.8 | 24.7 | 17.8 | 10.6 | (34.4) | 2.8 | 0.9 | 0.4 |
| Operating Expenses | 3,426.4 | 3,827.8 | 2,785.3 | 2,596.0 | 2,249.5 | 2,799.1 | 1,642.5 | 1,658.5 | 1,700.1 | 902.5 | 676.1 | 513.3 | 370.4 | 295.8 | 237.6 | 155.8 | 149.0 | 163.2 | 119.7 | 104.5 | 108.6 | 163.0 | 190.5 | 228.1 | 284.0 | 291.6 | 208.7 | 140.4 | 97 | 57.3 | 25.9 | 13.2 | 1.6 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 1,342.8 | 101.3 | 655.4 | 591.6 | 585.8 | (263.7) | 402.0 | 129.2 | (243.4) | 145.0 | 50.7 | (4.8) | (16.1) | 1.1 | (143.2) | 14.0 | (139.8) | (159.3) | (85.3) | (76.9) | (100.8) | (148.9) | (149.4) | (132.6) | (64.7) | (62.6) | (27) | 12.2 | 3.6 | (8.9) | (10.9) | (12.1) | (4.9) |
| Interest Expense | 2.4 | 2.3 | 2.6 | 2.7 | 1.9 | 2.2 | 1.9 | 1.5 | 6.9 | 38.7 | 45.6 | 47.1 | 38.7 | 46.1 | 43.8 | 43.3 | 32.1 | 24.9 | 24.0 | 17.9 | 16.1 | 17.2 | 0 | 9.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 105.6 | 128.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.6 | 5.3 | 3.4 | 1.3 | 0.2 | 0.3 | 1.4 | 0.1 | 4.4 | 13.9 | 15.8 | 9.7 | 9.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 1,760.2 | 408.2 | 919.4 | 599.6 | 630.2 | (178.2) | 543.2 | 171.9 | (253.2) | 204.6 | 98.0 | 39.7 | (15.0) | 31.9 | (115.7) | 36.0 | (123.1) | (146.2) | (72.3) | (69.5) | (92.6) | (134.9) | (98.5) | (110.5) | (17.0) | (27.7) | (2.3) | 30 | 14.2 | (2.4) | (8.1) | (11.2) | (4.5) |
| EBIT | 1,666.9 | 318.9 | 836.8 | 531.8 | 572.4 | (230.0) | 488.6 | 116.9 | (305.4) | 146.1 | 53.2 | (1.7) | (44.2) | 1.9 | (142.7) | 11.5 | (139.8) | (159.3) | (85.3) | (76.9) | (100.8) | (148.9) | (115.4) | (132.6) | (64.7) | (62.6) | (27) | 12.2 | 3.6 | (8.9) | (10.9) | (12.1) | (4.9) |
| Income Before Tax | 1,664.5 | 316.6 | 834.2 | 529.1 | 570.4 | (232.2) | 486.8 | 115.3 | (312.3) | 107.4 | 7.6 | (48.5) | (82.8) | (44.1) | (186.5) | (31.8) | 0 | (178.9) | (86.9) | (74.2) | (103.9) | (163.2) | (166.0) | (132.9) | (187.0) | (32.7) | (27.6) | 5.9 | 7.4 | 0 | 0 | 0 | 0 |
| Income Tax Expense | 377.8 | 284.0 | 236.6 | 188.5 | (378.1) | 63.5 | 39.9 | 5.9 | 0.9 | 3.2 | 1.0 | (0.1) | 0.3 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | (0.6) | 0.5 | 0.3 | 0.9 | 0.9 | 0.2 | (0.8) | 2.4 | 0.5 | 0 | 0 | 0 | 0 |
| Net Income | 1,286.7 | 32.6 | 597.6 | 340.7 | 948.6 | (295.7) | 446.9 | 109.5 | (313.1) | 104.2 | 6.5 | (48.5) | (83.1) | (44.3) | (186.5) | (31.8) | (211.9) | (178.9) | (86.9) | (74.2) | (103.0) | (164.8) | (166.5) | (136.9) | (183.2) | (29.7) | (26.8) | 3.5 | 6.9 | (6.8) | (9.9) | (11.5) | (4.9) |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 6.59 | 0.16 | 2.67 | 1.53 | 4.30 | -1.36 | 2.08 | 0.52 | -1.53 | 0.55 | 0.04 | -0.29 | -0.56 | -0.34 | -1.49 | -0.26 | -2.06 | -1.99 | -1.03 | -0.89 | -1.24 | -2.21 | -2.33 | -2.03 | -2.77 | -0.47 | -0.48 | 0.07 | 0.14 | -0.17 | -0.31 | -0.41 | -0.19 |
| EPS (Diluted) | 6.41 | 0.15 | 2.65 | 1.52 | 4.27 | -1.36 | 2.05 | 0.51 | -1.53 | 0.54 | 0.03 | -0.29 | -0.56 | -0.34 | -1.49 | -0.26 | -2.06 | -1.99 | -1.03 | -0.89 | -1.24 | -2.21 | -2.33 | -2.03 | -2.77 | -0.47 | -0.48 | 0.06 | 0.13 | -0.17 | -0.31 | -0.41 | -0.19 |
| Shares Outstanding | 195.2 | 207.1 | 223.6 | 222.0 | 220.4 | 218.1 | 214.9 | 212.4 | 204.6 | 187.9 | 179.6 | 167.2 | 148.4 | 129.7 | 125.4 | 121.6 | 102.9 | 89.8 | 84.2 | 83.8 | 83.3 | 74.6 | 71.4 | 67.4 | 66.2 | 63.2 | 56.3 | 53.8 | 49.3 | 40 | 33 | 28.0 | 25.6 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 3,097.8 | 1,687.8 | 3,213.4 | 2,951.4 | 2,057.4 | 1,513.0 | 1,832.7 | 1,164.0 | 899.5 | 652.3 | 521.4 | 452.3 | 471.4 | 224.1 | 277.6 | 417.9 | 449.8 | 178.8 | 108.9 | 18.9 | 11.5 | 132.2 | 29.7 | 22.9 | 43.4 | 110.2 | 32.2 | 50 | 51.2 | 7.6 | 10.4 | 6.8 | 15.5 |
| Short-Term Investments | 482.8 | 470.3 | 442.7 | 287.5 | 290.8 | 288.4 | 284.9 | 274.3 | 270.1 | 156.2 | 186.3 | 148.0 | 37.6 | 4.4 | 0 | 6.3 | 20.6 | 19.3 | 147.6 | 299.7 | 333.5 | 337.6 | 264.1 | 406.1 | 464.5 | 472.0 | 34.7 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 1,024.4 | 853.2 | 743.6 | 644.9 | 616.3 | 482.0 | 308.8 | 307.6 | 266.3 | 148.8 | 114.5 | 57.9 | 35.4 | 71.0 | 6.4 | 5.7 | 163.7 | 1.1 | 1.6 | 2.1 | 1.4 | 2.1 | 5.2 | 8.5 | 54.0 | 35.0 | 26.6 | 14.3 | 19.9 | 2.5 | 7.2 | 0 | 0 |
| Inventory | 101.1 | 58.9 | 63.0 | 42.0 | 27.9 | 16.4 | 11.4 | 7.0 | 6.5 | 4.1 | 1.8 | 0.4 | 0.4 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 317.8 | 168.9 | 182.8 | 167.0 | 126.3 | 60.1 | 43.7 | 79.4 | 62.4 | 32.8 | 17.8 | 40.2 | 10.5 | 9.9 | 7.5 | 6.6 | 2.9 | 6.4 | 6.4 | 7.1 | 7.6 | 9.4 | 0.6 | 0 | 0 | 30.7 | 16 | 5.9 | 67.3 | 33.1 | 31.4 | 18.5 | 0.2 |
| Total Current Assets | 5,023.9 | 3,239.0 | 4,645.4 | 4,092.8 | 3,118.7 | 2,359.9 | 2,481.5 | 1,832.3 | 1,504.9 | 994.2 | 842.4 | 699.2 | 555.8 | 309.5 | 310.8 | 455.5 | 656.1 | 205.5 | 264.4 | 327.8 | 354.0 | 481.3 | 310.9 | 458.8 | 591.2 | 647.9 | 109.5 | 131.4 | 142.9 | 43.2 | 49 | 25.3 | 15.7 |
| Non-Current Assets | |||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 758.4 | 794.2 | 777.0 | 765.6 | 751.5 | 588.1 | 406.6 | 319.8 | 259.8 | 167.7 | 86.0 | 81.8 | 26.8 | 6.3 | 6.4 | 4.8 | 1.8 | 2.8 | 3.9 | 5.9 | 7.7 | 10.0 | 27.3 | 31.8 | 47.9 | 98.9 | 67.3 | 54.4 | 36.9 | 22.9 | 8.7 | 3.3 | 1.9 |
| Goodwill | 133 | 155.6 | 155.6 | 155.6 | 155.6 | 155.6 | 155.6 | 155.6 | 155.6 | 155.6 | 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 | 117.1 | 113.8 | 123.5 | 129.2 | 150.8 | 172.3 | 193.8 | 215.4 | 236.9 | 270.4 | 0 | 0 | 35.4 | 6.1 | 8.2 | 10.4 | 13.9 | 4.3 | 0.4 | 8.7 | 11.1 | 14.2 | 25.1 | 26.1 | 2.9 | 82.9 | 14.6 | 17 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 48.0 | 18.8 | 187.7 | 133.7 | 221.3 | 222.3 | 133.7 | 99.2 | 134.4 | 32.0 | 35.2 | 14 | 15 | 0 | 0 | 0 | 3.5 | 20 | 1 | 11 | 1 | 11.4 | 16.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | (48.0) | 360.8 | 260.9 | 106.1 | 68.1 | 60.7 | 55.6 | 23.6 | 11.1 | 18.7 | 43.8 | 35.1 | 46.9 | 14.6 | 3.5 | 18.9 | 37.2 | 0 | 6.9 | 11.2 | 1.4 | 11.4 | 18.3 | 35.5 | 45.3 | 57.0 | 30.5 | 27.5 | 18.1 | 0.8 | 0.1 | 0.1 | 0 |
| Total Non-Current Assets | 1,523.8 | 2,205.3 | 2,136.7 | 1,748.1 | 1,814.7 | 1,201.0 | 945.3 | 813.5 | 797.7 | 644.4 | 165.1 | 116.9 | 73.8 | 20.9 | 18.2 | 34.1 | 56.3 | 26.9 | 11.3 | 25.8 | 20.1 | 35.6 | 68.6 | 93.4 | 114.3 | 238.9 | 112.4 | 98.9 | 56.2 | 23.7 | 8.8 | 3.4 | 1.9 |
| Total Assets | 6,958.0 | 5,444.3 | 6,782.1 | 5,841.0 | 4,933.4 | 3,560.9 | 3,426.8 | 2,645.8 | 2,302.6 | 1,638.6 | 1,007.4 | 830.1 | 629.6 | 330.4 | 329.0 | 489.6 | 712.4 | 232.4 | 275.7 | 353.6 | 374.1 | 516.9 | 379.5 | 552.1 | 705.6 | 886.8 | 221.9 | 230.3 | 193.1 | 66.9 | 57.8 | 28.7 | 17.6 |
| Current Liabilities | |||||||||||||||||||||||||||||||||
| Account Payables | 209.9 | 197.5 | 109.6 | 277.5 | 172.1 | 98.8 | 83.6 | 103.8 | 67.7 | 75.6 | 30.1 | 24.5 | 19.1 | 14.0 | 14.9 | 10.8 | 21.0 | 15.7 | 7.8 | 5.9 | 3.6 | 2.3 | 6.5 | 9.1 | 7.3 | 17.5 | 6.5 | 8.2 | 5.8 | 4.7 | 2.2 | 1.5 | 0.5 |
| Short-Term Debt | 10.2 | 0 | 0 | 0 | 0 | 0 | 18.3 | 0 | 7.4 | 0 | 0 | 85.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0.3 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.5 | 12.9 | 12.9 | 66.1 | 69.3 | 67.0 | 67.0 | 0.1 | 0.6 | 22.9 | 0.6 | 1.8 | 4.5 | 11.7 | 24.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1,066.9 | 724.8 | 545.0 | 435.9 | 328.3 | 260.1 | 226.7 | 171.4 | 158.9 | 70.4 | 38.1 | 34.4 | 28.1 | 22.9 | 21.9 | 0 | 0 | 0 | 5.3 | 4.7 | 5.4 | 8.8 | 5.7 | 31.6 | 42.8 | 58.8 | 45 | 41.7 | 46.4 | 16.3 | 8.1 | 3 | 0.2 |
| Total Current Liabilities | 1,515.2 | 1,641.8 | 1,240.4 | 1,157.1 | 854.3 | 631.2 | 513.3 | 425.3 | 375.4 | 273.5 | 168.0 | 221.1 | 108.0 | 136.1 | 135.6 | 113.6 | 132.8 | 50.3 | 36.6 | 49.3 | 27.9 | 31.5 | 42.0 | 77.7 | 86.1 | 76.3 | 51.5 | 49.9 | 52.2 | 21.1 | 10.4 | 4.6 | 1 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||||
| Long-Term Debt | 14.5 | 0 | 0 | 0 | 0 | 0 | 0 | 17.4 | 16.6 | 651.5 | 619.9 | 689.1 | 661.6 | 331.1 | 316.2 | 293.4 | 443.1 | 396.2 | 386.6 | 371.1 | 341.9 | 378.8 | 0 | 172.0 | 179.2 | 187.8 | 0.2 | 0.8 | 0 | 0 | 0 | 0.1 | 0.5 |
| Deferred Tax Liabilities | 12.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.6 | 0.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 216.1 | 321.3 | 322.7 | 283.7 | 277.4 | 285.9 | 283.1 | 277.1 | 279.9 | 294.1 | 48.4 | 34.9 | 26.8 | 0 | 0 | 0 | 0.6 | 6.6 | 12.1 | 18.1 | 23.8 | 28.2 | 15.4 | 0 | 0 | 0 | (0.1) | 0 | 1.2 | 0.6 | 0.6 | 0 | 0 |
| Total Non-Current Liabilities | 288.2 | 354.8 | 351.9 | 313.8 | 309.0 | 318.5 | 315.0 | 294.5 | 296.6 | 945.6 | 668.3 | 657.0 | 714.6 | 369.3 | 420.4 | 464.7 | 681.9 | 402.8 | 398.6 | 389.2 | 365.6 | 406.9 | 183.2 | 172.0 | 179.2 | 187.8 | 0.1 | 0.8 | 1.2 | 0.6 | 0.6 | 0.1 | 0.5 |
| Total Liabilities | 1,803.4 | 1,996.7 | 1,592.3 | 1,470.9 | 1,163.3 | 949.6 | 828.3 | 719.8 | 672.0 | 1,219.1 | 836.3 | 878.1 | 822.7 | 505.4 | 556.0 | 578.2 | 814.8 | 453.1 | 435.2 | 438.5 | 393.5 | 438.4 | 225.2 | 249.7 | 265.4 | 264.1 | 51.6 | 50.7 | 53.4 | 21.7 | 11 | 4.7 | 1.5 |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||
| Common Stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 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 |
| Retained Earnings | 213.8 | (1,072.9) | 160.4 | (437.2) | (777.9) | (1,726.5) | (1,430.8) | (1,877.8) | (1,990.0) | (1,674.8) | (1,779.0) | (1,785.5) | (1,737.0) | (1,653.9) | (1,609.6) | (1,423.0) | (1,391.2) | (1,179.3) | (1,000.4) | (913.5) | (839.3) | (736.3) | (571.5) | (405.0) | (268.1) | (84.9) | (55.2) | (28.4) | (26.1) | (36.5) | (30.1) | (20) | (8.5) |
| Accumulated Other Comprehensive Income | 25.5 | (13.1) | 13.1 | 15.1 | (19.5) | (15.4) | (15.5) | (10.2) | (7.0) | (2.9) | (0.8) | 1.8 | 2.0 | 1.9 | 1.6 | 2.0 | 0.7 | (2.7) | (0.5) | (0.4) | 1.2 | (2.4) | (1.2) | (0.8) | 0.9 | 18.1 | 2.6 | (36) | (19.8) | (9.6) | 0 | 0 | 0 |
| Total Stockholders' Equity | 5,167.5 | 3,447.6 | 5,189.8 | 4,370.1 | 3,770.0 | 2,611.3 | 2,598.4 | 1,926.0 | 1,630.6 | 419.5 | 171.2 | (81.6) | (193.1) | (175.0) | (227.1) | (88.6) | (102.4) | (220.8) | (159.5) | (84.9) | (19.4) | 78.5 | 154.3 | 302.4 | 440.2 | 622.7 | 170.3 | 179.6 | 146 | 45.2 | 46.8 | 24 | 16.1 |
| Total Liabilities & Equity | 6,958.0 | 5,444.3 | 6,782.1 | 5,841.0 | 4,933.4 | 3,560.9 | 3,426.8 | 2,645.8 | 2,302.6 | 1,638.6 | 1,007.4 | 830.1 | 629.6 | 330.4 | 329.0 | 489.6 | 712.4 | 232.4 | 275.7 | 353.6 | 374.1 | 516.9 | 379.5 | 552.1 | 705.6 | 886.8 | 221.9 | 230.3 | 193.1 | 66.9 | 57.8 | 28.7 | 17.6 |
| Debt Metrics | |||||||||||||||||||||||||||||||||
| Total Debt | 69.4 | 43.5 | 38.3 | 41.5 | 44.8 | 47.5 | 60.2 | 36.1 | 24.0 | 651.5 | 619.9 | 675.2 | 661.6 | 331.1 | 316.2 | 293.4 | 443.1 | 396.2 | 386.6 | 371.1 | 341.9 | 378.8 | 167.8 | 172.0 | 179.2 | 187.8 | 0.2 | 0.8 | 0 | 0.1 | 0.1 | 0.2 | 0.8 |
| Net Debt | (3,028.4) | (1,644.3) | (3,175.1) | (2,910.0) | (2,012.6) | (1,465.5) | (1,772.5) | (1,127.8) | (875.5) | (0.9) | 98.5 | 222.9 | 190.1 | 107.0 | 43.0 | (124.5) | (6.7) | 217.4 | 277.7 | 352.2 | 330.4 | 246.6 | 138.1 | 149.1 | 135.9 | 77.7 | (32) | (49.2) | (55.6) | (7.5) | (10.3) | (6.6) | (14.7) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||
| Net Income | 1,286.7 | 32.6 | 597.6 | 340.7 | 948.6 | (295.7) | 446.9 | 109.5 | (313.1) | 104.2 | 6.5 | (48.5) | (83.1) | (44.3) | (186.5) | (31.8) | (211.9) | (178.9) | (86.9) | (74.2) | (103.0) | (164.8) | (166.5) | (136.9) | (183.2) | (32.9) | (26.8) | 3.5 | 10.4 | (6.8) | (10.1) | (11.5) | (4.9) |
| Depreciation & Amortization | 93.3 | 89.2 | 82.7 | 67.9 | 57.8 | 51.8 | 54.5 | 55.0 | 52.2 | 58.4 | 44.9 | 41.4 | 29.2 | 30.0 | 27.0 | 24.5 | 16.7 | 13.1 | 13.0 | 7.4 | 8.2 | 13.9 | 17.7 | 23.2 | 47.7 | 34.8 | 24.7 | 17.8 | 10.4 | 6.5 | 2.6 | 0.9 | 0.4 |
| Stock-Based Compensation | 249.3 | 266.1 | 215.9 | 188.4 | 183.0 | 177.9 | 166.6 | 148.2 | 133.1 | 96.2 | 69.9 | 62.2 | 38.4 | 38.5 | 29.0 | 14.9 | 10.0 | 15.0 | 8.9 | 8.9 | 0.2 | 0.5 | 4.1 | 4.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (527.2) | 138.2 | (248.7) | 198.8 | (14.6) | (71.7) | 57.3 | (46.5) | (64.2) | 24.8 | (34.8) | (29.1) | (4.5) | (118.4) | (31.2) | 87.0 | 154.2 | 9.5 | (19.9) | 13.0 | (6.1) | (3.7) | (22.3) | 28.2 | (25.5) | (6.2) | (24.8) | 2.2 | (2.1) | 13.3 | (1.5) | 3.8 | (0.1) |
| Other Non-Cash Items | 63.7 | (105.3) | 7.9 | 117.1 | 40.2 | 13.5 | (14.3) | 70.6 | 8.0 | 17.9 | (1.6) | 41.4 | 29.2 | 30.0 | (186.6) | (0.4) | 2.0 | 15.5 | 9.7 | 9.7 | (0.9) | 39.9 | 52.8 | 27.2 | 114.0 | (3.1) | 5.5 | 12.7 | 0 | 3 | (0.1) | 0.5 | 0.2 |
| Operating Cash Flow | 1,413.5 | 335.3 | 496.5 | 969.9 | 749.5 | (124.6) | 710.7 | 336.2 | (93.0) | 304.8 | 86.5 | 26.3 | 9.2 | (94.8) | (161.7) | 97.9 | 12.4 | (140.9) | (92.7) | (50.4) | (101.9) | (114.7) | (118.3) | (58.3) | (47.0) | (7.3) | (21.4) | 36.2 | 18.7 | 16 | (9) | (6.3) | (4.4) |
| Investing Activities | |||||||||||||||||||||||||||||||||
| Capital Expenditure | (58.9) | (86.3) | (47.5) | (77.8) | (181.0) | (187.4) | (78.1) | (73.5) | (111.0) | (120.3) | (26.0) | (27.9) | (4.3) | (2.8) | (3.8) | (4.1) | (0.4) | (0.7) | (1.2) | (1.6) | (1.6) | (1.4) | (9.7) | (11.9) | (12.9) | (96.4) | (34.8) | (34.7) | (26.1) | (20.2) | (7.9) | (2.6) | (0.4) |
| Acquisitions | 0 | 0 | 47.5 | 0.7 | 181.0 | 187.4 | 78.1 | 73.5 | 111.0 | (142.9) | 26.0 | 27.9 | 4.3 | 2.8 | 4.3 | 4.3 | (1.0) | (0.0) | 0 | 0 | 0 | (0.1) | (5.7) | (749.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (303.4) | (258.4) | (466.0) | (79.9) | (268.7) | (612.3) | (374.8) | (168.9) | (384.7) | (57.4) | (148.0) | (134.1) | (33.7) | (0.0) | (0.2) | (0.2) | 1.3 | 0.7 | (45.0) | (511.4) | (348.5) | (830.5) | (575.5) | (5) | (916.4) | (832.5) | (27.2) | (98.5) | (61.7) | (16.5) | (74) | (26.2) | 0 |
| Sales/Maturities of Investments | 284.6 | 516.0 | 305.8 | 79.2 | 242.0 | 530.7 | 365.4 | 155.9 | 145.7 | 88.0 | 69.0 | 23.5 | 0.6 | 0.9 | 1.3 | 19.3 | 16.8 | 106.6 | 216.5 | 539.0 | 365.6 | 753.2 | 717.3 | 808.6 | 903.4 | 395.1 | 53.3 | 95 | 26.7 | 16.3 | 61.7 | 7.9 | 0.7 |
| Other Investing Activities | (25) | (13.9) | (47.5) | (0.7) | (181.0) | (187.4) | (78.1) | (73.5) | (111.0) | 30.6 | (26.0) | (27.9) | (4.3) | (2.8) | (4.1) | (4.1) | (0.4) | (0.7) | 0 | 0 | 0.1 | 1.6 | (1.1) | (1.1) | 0.3 | 0 | 0 | (7.2) | (4.3) | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (102.6) | 157.5 | (207.7) | (78.5) | (207.7) | (269.0) | (87.5) | (86.4) | (350.0) | (232.5) | (105.0) | (138.4) | (37.4) | (2.0) | (2.5) | 15.2 | 16.5 | 105.9 | 170.4 | 26.0 | 15.5 | (77.2) | 126.4 | 41.2 | (25.6) | (533.7) | (8.7) | (45.4) | (65.4) | (20.4) | (20.2) | (20.9) | 0.3 |
| Financing Activities | |||||||||||||||||||||||||||||||||
| Net Debt Issuance | (4.5) | (3.8) | (3.4) | (2.9) | (2.4) | (0.8) | (0.8) | 0 | 0 | (0.4) | (1.7) | 0 | 217.2 | 0 | 0 | (158.6) | 164.1 | 0 | 10 | 30.3 | (35.8) | 204.1 | (3.1) | (4.7) | 0 | 184.4 | (1.2) | (0.8) | 1 | (0.1) | (0.1) | (0.7) | (0.2) |
| Stock Repurchased | (19.1) | (2,004.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (5.7) | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (97.1) | (62.3) | (52.5) | (59.0) | (50.0) | (37.8) | (16.8) | (15.3) | 49.7 | 9.1 | 2.9 | 0.5 | (14.8) | 0 | 0 | 0 | (56.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | (5.5) | 0.0 | 0.1 | 0.1 | (4.6) | 0 | 0 | 0.1 | 0 |
| Financing Cash Flow | 101.0 | (2,021.5) | (20.0) | (0.8) | 6.2 | 71.7 | 45.7 | 14.7 | 690.2 | 58.6 | 87.6 | 93.1 | 275.6 | 47.7 | 19.5 | (145.1) | 242.3 | 104.9 | 12.3 | 31.7 | (34.3) | 294.2 | (1.2) | (3.2) | 5.8 | 619.1 | 12.5 | 4 | 90.2 | 1.5 | 32.7 | 18.6 | 14.9 |
| Cash Position | |||||||||||||||||||||||||||||||||
| Net Change in Cash | 1,410.2 | (1,525.8) | 262.1 | 894.0 | 544.4 | (318.9) | 668.7 | 264.6 | 247.2 | 130.9 | 69.1 | (19.1) | 247.4 | (49.1) | (144.7) | (31.9) | 271.1 | 69.9 | 90.0 | 7.4 | (120.7) | 102.5 | 6.8 | (20.4) | (66.8) | 77.9 | (17.8) | (5.6) | 43.5 | (2.9) | 32.7 | 18.6 | 14.9 |
| Cash at Beginning | 1,689.5 | 3,215.2 | 2,953.1 | 2,059.2 | 1,514.8 | 1,833.7 | 1,165.0 | 900.4 | 652.3 | 521.4 | 452.3 | 471.4 | 224.1 | 273.2 | 417.9 | 449.8 | 178.8 | 108.9 | 18.9 | 11.5 | 132.2 | 29.7 | 22.9 | 43.4 | 110.2 | 32.2 | 50 | 55.6 | 7.6 | 10.5 | 6.8 | 15.5 | 4.8 |
| Cash at End | 3,099.7 | 1,689.5 | 3,215.2 | 2,953.1 | 2,059.2 | 1,514.8 | 1,833.7 | 1,165.0 | 899.5 | 652.3 | 521.4 | 452.3 | 471.4 | 224.1 | 273.2 | 417.9 | 449.8 | 178.8 | 108.9 | 18.9 | 11.5 | 132.2 | 29.7 | 22.9 | 43.4 | 110.2 | 32.2 | 50 | 51.1 | 7.6 | 39.5 | 34.1 | 19.7 |
| Free Cash Flow | 1,354.6 | 249.1 | 449.0 | 892.1 | 568.5 | (312.0) | 632.6 | 262.7 | (204.0) | 184.5 | 60.5 | (1.6) | 4.9 | (97.7) | (165.5) | 93.8 | 12.0 | (141.6) | (93.8) | (51.9) | (103.5) | (116.1) | (128.1) | (70.2) | (59.9) | (103.7) | (56.2) | 1.5 | (7.4) | (4.2) | (16.9) | (8.9) | (4.8) |
| 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 | 5,141.2 | 4,241.2 | 3,695.6 | 3,394.6 | 2,986.3 | 2,666.7 | 2,158.8 | 1,881.9 | 1,536.2 | 1,105.7 | 753.8 | 511.5 | 354.9 | 297.1 | 94.5 | 169.9 | 9.3 | 3.9 | 34.4 | 27.6 | 7.8 | 14.1 | 41.2 | 95.5 | 219.3 | 194.2 | 157 | 134.8 | 90 | 41.9 | 12.2 | 0.2 | 0.3 |
| Gross Profit | 4,769.1 | 3,929.1 | 3,440.7 | 3,187.6 | 2,835.3 | 2,535.4 | 2,044.5 | 1,787.8 | 1,456.7 | 1,047.5 | 726.8 | 508.5 | 354.3 | 296.9 | 94.5 | 169.9 | 9.3 | 3.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 229.0 | 181.7 | 152.6 | 100.6 | 48.4 | 15 | 1.1 | (3.3) |
| Operating Income | 1,342.8 | 101.3 | 655.4 | 591.6 | 585.8 | (263.7) | 402.0 | 129.2 | (243.4) | 145.0 | 50.7 | (4.8) | (16.1) | 1.1 | (143.2) | 14.0 | (139.8) | (159.3) | (85.3) | (76.9) | (100.8) | (148.9) | (149.4) | (132.6) | (64.7) | (62.6) | (27) | 12.2 | 3.6 | (8.9) | (10.9) | (12.1) | (4.9) |
| Net Income | 1,286.7 | 32.6 | 597.6 | 340.7 | 948.6 | (295.7) | 446.9 | 109.5 | (313.1) | 104.2 | 6.5 | (48.5) | (83.1) | (44.3) | (186.5) | (31.8) | (211.9) | (178.9) | (86.9) | (74.2) | (103.0) | (164.8) | (166.5) | (136.9) | (183.2) | (29.7) | (26.8) | 3.5 | 6.9 | (6.8) | (9.9) | (11.5) | (4.9) |
| EPS (Diluted) | 6.41 | 0.15 | 2.65 | 1.52 | 4.27 | -1.36 | 2.05 | 0.51 | -1.53 | 0.54 | 0.03 | -0.29 | -0.56 | -0.34 | -1.49 | -0.26 | -2.06 | -1.99 | -1.03 | -0.89 | -1.24 | -2.21 | -2.33 | -2.03 | -2.77 | -0.47 | -0.48 | 0.06 | 0.13 | -0.17 | -0.31 | -0.41 | -0.19 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 3,097.8 | 1,687.8 | 3,213.4 | 2,951.4 | 2,057.4 | 1,513.0 | 1,832.7 | 1,164.0 | 899.5 | 652.3 | 521.4 | 452.3 | 471.4 | 224.1 | 277.6 | 417.9 | 449.8 | 178.8 | 108.9 | 18.9 | 11.5 | 132.2 | 29.7 | 22.9 | 43.4 | 110.2 | 32.2 | 50 | 51.2 | 7.6 | 10.4 | 6.8 | 15.5 |
| Total Assets | 6,958.0 | 5,444.3 | 6,782.1 | 5,841.0 | 4,933.4 | 3,560.9 | 3,426.8 | 2,645.8 | 2,302.6 | 1,638.6 | 1,007.4 | 830.1 | 629.6 | 330.4 | 329.0 | 489.6 | 712.4 | 232.4 | 275.7 | 353.6 | 374.1 | 516.9 | 379.5 | 552.1 | 705.6 | 886.8 | 221.9 | 230.3 | 193.1 | 66.9 | 57.8 | 28.7 | 17.6 |
| Total Debt | 69.4 | 43.5 | 38.3 | 41.5 | 44.8 | 47.5 | 60.2 | 36.1 | 24.0 | 651.5 | 619.9 | 675.2 | 661.6 | 331.1 | 316.2 | 293.4 | 443.1 | 396.2 | 386.6 | 371.1 | 341.9 | 378.8 | 167.8 | 172.0 | 179.2 | 187.8 | 0.2 | 0.8 | 0 | 0.1 | 0.1 | 0.2 | 0.8 |
| Stockholders' Equity | 5,167.5 | 3,447.6 | 5,189.8 | 4,370.1 | 3,770.0 | 2,611.3 | 2,598.4 | 1,926.0 | 1,630.6 | 419.5 | 171.2 | (81.6) | (193.1) | (175.0) | (227.1) | (88.6) | (102.4) | (220.8) | (159.5) | (84.9) | (19.4) | 78.5 | 154.3 | 302.4 | 440.2 | 622.7 | 170.3 | 179.6 | 146 | 45.2 | 46.8 | 24 | 16.1 |
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 1,413.5 | 335.3 | 496.5 | 969.9 | 749.5 | (124.6) | 710.7 | 336.2 | (93.0) | 304.8 | 86.5 | 26.3 | 9.2 | (94.8) | (161.7) | 97.9 | 12.4 | (140.9) | (92.7) | (50.4) | (101.9) | (114.7) | (118.3) | (58.3) | (47.0) | (7.3) | (21.4) | 36.2 | 18.7 | 16 | (9) | (6.3) | (4.4) |
| Capital Expenditure | (58.9) | (86.3) | (47.5) | (77.8) | (181.0) | (187.4) | (78.1) | (73.5) | (111.0) | (120.3) | (26.0) | (27.9) | (4.3) | (2.8) | (3.8) | (4.1) | (0.4) | (0.7) | (1.2) | (1.6) | (1.6) | (1.4) | (9.7) | (11.9) | (12.9) | (96.4) | (34.8) | (34.7) | (26.1) | (20.2) | (7.9) | (2.6) | (0.4) |
| Free Cash Flow | 1,354.6 | 249.1 | 449.0 | 892.1 | 568.5 | (312.0) | 632.6 | 262.7 | (204.0) | 184.5 | 60.5 | (1.6) | 4.9 | (97.7) | (165.5) | 93.8 | 12.0 | (141.6) | (93.8) | (51.9) | (103.5) | (116.1) | (128.1) | (70.2) | (59.9) | (103.7) | (56.2) | 1.5 | (7.4) | (4.2) | (16.9) | (8.9) | (4.8) |