IONS - Ionis Pharmaceuticals, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$107.27
DETAILS
HIGH:
$130.00
LOW:
$87.00
MEDIAN:
$104.00
CONSENSUS:
$107.27
UPSIDE:
40.66%
| 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 | 944 | 705.1 | 787.6 | 587.4 | 810.5 | 729.3 | 1,122.6 | 599.7 | 514.2 | 372.8 | 283.7 | 214.2 | 147.3 | 102.0 | 99.1 | 108.5 | 121.6 | 107.2 | 58.3 | 14.9 | 40.1 | 42.6 | 50.0 | 80.2 | 53.3 | 37.3 | 33.9 | 39.2 | 32.7 | 22.7 | 13 | 10.1 | 12.1 |
| Cost of Revenue | 16 | 11.2 | 9.1 | 14.1 | 10.8 | 11.9 | 4.4 | 1.8 | 0 | 0 | 322.3 | 241.8 | 184.0 | 158.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (5.5) | (5.2) | (4.3) | (3.2) | (2.6) | (2.8) | (3.8) | 22.4 |
| Gross Profit | 928 | 693.9 | 778.5 | 573.3 | 799.6 | 717.3 | 1,118.2 | 597.9 | 514.2 | 372.8 | (38.6) | (27.6) | (36.7) | (56.4) | 99.1 | 108.5 | 121.6 | 107.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42.8 | 39.1 | 43.5 | 35.9 | 25.3 | 15.8 | 13.9 | (10.3) |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 916 | 901.5 | 899.6 | 833 | 643 | 535 | 466 | 414.6 | 374.6 | 344.3 | 322.3 | 241.8 | 184.0 | 158.5 | 157.4 | 145.2 | 134.6 | 106.4 | 92.6 | 80.6 | 82.5 | 118.5 | 117.0 | 124.1 | 83.7 | 57.0 | 66.4 | 62.2 | 55.9 | 45.7 | 33.2 | 26.5 | 0 |
| SG&A Expenses | 394 | 267.5 | 232.6 | 150.3 | 170.9 | 332.2 | 286.6 | 244.6 | 108.5 | 48.6 | 37.2 | 20.1 | 14.9 | 12.5 | 12.8 | 11.7 | 14.5 | 13.8 | 13.1 | 11.2 | 7.9 | 9.6 | 10.2 | 5.5 | 15.6 | 9.2 | 10.6 | 9.5 | 8.1 | 51.8 | 5.4 | 6 | 4.8 |
| Other Expenses | 0 | (0.0) | 0.0 | 0.1 | 15.9 | 22.2 | (0.3) | 0 | 0 | 0 | (322.3) | (241.8) | (184.0) | (158.5) | 0 | 0 | 0 | 0 | 0 | (0.5) | 7.0 | 32.4 | 1.8 | 1.4 | 0 | 5.5 | 5.2 | 4.3 | 3.2 | (43.1) | 2.8 | 3.9 | 3.2 |
| Operating Expenses | 1,310 | 1,169.0 | 1,132.2 | 983.4 | 829.8 | 889.4 | 752.3 | 659.2 | 483.1 | 392.9 | 37.2 | 20.1 | 14.9 | 12.5 | 170.2 | 156.8 | 149.1 | 120.2 | 91.3 | 80.1 | 97.3 | 160.5 | 129.0 | 131.0 | 99.4 | 71.8 | 82.2 | 76 | 67.2 | 54.4 | 41.4 | 36.4 | 8 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (382) | (475.1) | (353.7) | (410.2) | (30.2) | (172.1) | 365.9 | (61.4) | 31.0 | (20.2) | (75.8) | (47.7) | (51.7) | (68.9) | (71.1) | (48.4) | (27.5) | (13.1) | (32.9) | (65.2) | (57.2) | (117.9) | (79.0) | (50.8) | (46.1) | (29.0) | (43.1) | (32.5) | (31.3) | (29.1) | (25.6) | (22.5) | (18.3) |
| Interest Expense | 73 | 90.5 | 81.5 | 8.1 | 9.3 | 9.5 | 48.8 | 44.8 | 44.8 | 38.8 | 36.7 | 22.2 | 19.4 | 21.2 | 16.7 | 13.2 | 12.7 | 5.6 | 7.6 | 9.0 | 20.3 | 22.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 107.0 | 89.0 | 25.3 | 10.0 | 30.6 | 52.2 | 30.2 | 8.2 | 5.4 | 4.3 | 2.7 | 2.1 | 1.8 | 2.4 | 3.4 | 6.4 | 11.3 | 11.4 | 6.0 | 5.1 | 3.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | (286.7) | (353.7) | (235.9) | (227.8) | (5.2) | (111.2) | 367.2 | (18.8) | 36.3 | (9.6) | (40.9) | (22.8) | (37.4) | (42.7) | (56.3) | (38.8) | (9.8) | 4.1 | (26.2) | (58.5) | (39.8) | (73.3) | (64.9) | (40.0) | (39.1) | (23.5) | (37.9) | (28.2) | (28.1) | (26.5) | (22.8) | (18.6) | (15.1) |
| EBIT | (307) | (375.7) | (258.4) | (249.9) | (24.7) | (128.4) | 351.2 | (31.4) | 28.0 | (18.7) | (51.2) | (32.2) | (47.2) | (53.4) | (68.1) | (47.9) | (19.1) | (2.7) | (32.9) | (65.8) | (50.2) | (85.4) | (77.2) | (49.4) | (46.1) | (29.0) | (43.1) | (32.5) | (31.3) | (29.1) | (25.6) | (22.5) | (18.3) |
| Income Before Tax | (380) | (460.1) | (334.0) | (258.0) | (29.1) | (134.6) | 338.8 | (76.2) | (16.8) | (57.5) | (87.9) | (54.4) | (66.6) | (74.6) | (84.8) | (61.2) | (31.8) | (14.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Tax Expense | 1 | (6.2) | 32.3 | 11.7 | (0.6) | 345.2 | 51.5 | (291.1) | (6.0) | 2.9 | 0.4 | (15.4) | (5.9) | (9.1) | 0.0 | 0.1 | 3.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (381) | (453.9) | (366.3) | (269.7) | (28.6) | (444.3) | 278.1 | 273.7 | 0.3 | (60.4) | (88.3) | (39.0) | (60.6) | (65.5) | (84.8) | (61.3) | 155.1 | (18.2) | (11.0) | (45.9) | (72.4) | (142.5) | (95.0) | (72.2) | (73.8) | (53.5) | (59.2) | (43) | (31.1) | (26.5) | (23.7) | (18.2) | (19.1) |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | -2.38 | -3.04 | -2.56 | -1.90 | -0.20 | -3.18 | 2.10 | 2.07 | -0.05 | -0.72 | -0.74 | -0.33 | -0.55 | -0.65 | -0.85 | -0.62 | 1.58 | -0.13 | -0.13 | -0.62 | -1.15 | -2.52 | -1.71 | -1.33 | -1.67 | -1.44 | -2.06 | -1.60 | -1.17 | -1.04 | -1.10 | -0.93 | -1.22 |
| EPS (Diluted) | -2.38 | -3.04 | -2.56 | -1.90 | -0.20 | -3.18 | 2.06 | 2.04 | -0.05 | -0.72 | -0.74 | -0.33 | -0.55 | -0.65 | -0.85 | -0.62 | 1.58 | -0.13 | -0.13 | -0.62 | -1.15 | -2.52 | -1.71 | -1.33 | -1.67 | -1.44 | -2.06 | -1.60 | -1.17 | -1.04 | -1.10 | -0.93 | -1.22 |
| Shares Outstanding | 160 | 149.5 | 143 | 141.8 | 141.0 | 139.6 | 140.0 | 132.3 | 124.0 | 120.8 | 119.3 | 117.7 | 110.5 | 100.6 | 99.7 | 99.1 | 98.1 | 94.6 | 83.7 | 74.3 | 62.9 | 56.6 | 55.5 | 54.5 | 44.1 | 37.0 | 28.7 | 26.9 | 26.6 | 25.5 | 21.5 | 19.6 | 15.7 |
| 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 | 372.3 | 242.1 | 399.3 | 276.5 | 869.2 | 397.7 | 683.3 | 278.8 | 129.6 | 84.7 | 105.3 | 217.9 | 27.2 | 33.1 | 101.9 | 127.0 | 39.6 | 35.3 | 27.6 | 38.1 | 37.1 | 46.5 | 12.9 | 33.7 |
| Short-Term Investments | 2,305.2 | 2,055.6 | 1,931.9 | 1,720.9 | 1,264.0 | 1,494.7 | 1,816.3 | 1,805.3 | 893.1 | 2.4 | 469.1 | 273.1 | 76.6 | 182.4 | 187.5 | 185.0 | 87.6 | 17.5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 66 | 92.2 | 97.8 | 25.5 | 61.9 | 76.2 | 63.0 | 12.8 | 63.0 | 108.0 | 10.9 | 4.1 | 10.0 | 2.7 | 14.9 | 0 | 3.3 | 5.4 | 3.5 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 10.0 | 12.5 | 7.4 | 22.0 | 24.8 | 22.0 | 18.2 | 8.6 | 10.0 | 7.5 | 2.8 | 2.7 | 2.7 | 14.0 | 11.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 247 | 217.9 | 205.4 | 157.7 | 125.2 | 140.2 | 139.8 | 102.5 | 73.1 | 17.2 | 8.1 | 20.5 | 9.0 | 7.4 | 4.8 | 6.4 | 2.6 | 1 | 32.1 | 51.1 | 42.3 | 32.5 | 32.1 | 21.9 |
| Total Current Assets | 2,990 | 2,620.3 | 2,641.9 | 2,202.7 | 2,345.0 | 2,130.7 | 2,720.6 | 2,207.9 | 1,168.7 | 797.9 | 596.1 | 518.4 | 125.6 | 239.6 | 320.2 | 328.8 | 133.2 | 59.2 | 63.2 | 89.2 | 79.4 | 79 | 45 | 55.6 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 362 | 256.1 | 242.9 | 255.8 | 196.0 | 181.1 | 153.7 | 132.2 | 121.9 | 92.8 | 27.3 | 17.4 | 28.5 | 34.8 | 59.1 | 28.2 | 22.6 | 23.9 | 21.5 | 18.8 | 15.3 | 14.6 | 15.9 | 18.6 |
| Goodwill | 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 | 29.0 | 27.9 | 25.7 | 24.0 | 22.0 | 20.4 | 30.5 | 33.1 | 45.2 | 50.7 | 49.7 | 49.1 | 13.8 | 11.3 | 9.1 | 7.5 | 6.2 | 4.8 | 4.1 | 2.6 |
| Long-Term Investments | 52.2 | 41.0 | 43.0 | 40.4 | 32.3 | 15.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 119.4 | 86.3 | 62.3 | 35.0 | 9.3 | 35.0 | 27.6 | 12.9 | 10.1 | 1.3 | 17.8 | 5.3 | 9.2 | 9.9 | 9.8 | 10.9 | 13.6 | 8.7 | 2.3 | 2.4 | 0.4 | 1.2 | 1.6 | 2 |
| Total Non-Current Assets | 533.2 | 383.4 | 348.2 | 331.2 | 266.6 | 259.0 | 512.5 | 459.9 | 154.0 | 114.5 | 61.1 | 55.8 | 82.8 | 95.4 | 118.5 | 88.2 | 50.1 | 43.9 | 32.9 | 28.7 | 21.9 | 20.6 | 21.6 | 23.2 |
| Total Assets | 3,523.8 | 3,003.7 | 2,990.1 | 2,533.9 | 2,611.7 | 2,389.8 | 3,233.1 | 2,667.8 | 1,322.8 | 912.5 | 657.2 | 574.1 | 208.4 | 334.9 | 438.7 | 417.1 | 183.3 | 103.1 | 96.1 | 117.9 | 101.3 | 99.6 | 66.6 | 78.8 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 28.1 | 43.0 | 26.0 | 17.9 | 11.9 | 17.2 | 16.1 | 28.7 | 24.9 | 21.1 | 4.7 | 5.7 | 7.0 | 3.7 | 5.5 | 6.1 | 2.2 | 3.1 | 3 | 2.8 | 2.4 | 1 | 1.5 | 1.4 |
| Short-Term Debt | 453.1 | 9.3 | 53.2 | 7.5 | 3.5 | 308.8 | 2.0 | 13.7 | 1.6 | 1.2 | 4.3 | 2.1 | 10.5 | 16.5 | 21.4 | 9.8 | 4.6 | 3.9 | 3.6 | 2.3 | 6.2 | 5 | 2.4 | 4.9 |
| Deferred Revenue | 73.8 | 79.0 | 151.1 | 90.6 | 97.7 | 108.4 | 118.3 | 160.3 | 125.3 | 51.3 | 75.7 | 92.7 | 14.2 | 0 | 0 | 22.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 107.6 | 69.6 | 67.7 | 49.2 | 38.8 | 73.0 | 37.4 | 29.3 | 25.2 | 24.2 | 7.1 | 7.9 | 0 | 14.7 | 38.9 | 0 | 7.8 | 8 | 15.9 | 21.5 | 14.5 | 13 | 7.4 | 5.2 |
| Total Current Liabilities | 781.6 | 309.3 | 448.1 | 311.6 | 240.6 | 598.9 | 273.0 | 280.3 | 243.6 | 133.8 | 111.4 | 124.7 | 43.4 | 45.6 | 76.0 | 48.2 | 14.6 | 15 | 22.5 | 26.6 | 23.1 | 19 | 11.3 | 11.5 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 1,898.8 | 1,245.5 | 1,229.5 | 1,182.7 | 1,228.1 | 600.1 | 770.0 | 628.1 | 592.9 | 500.5 | 136.6 | 172.4 | 236.6 | 213.4 | 207.3 | 125.7 | 102.3 | 87.3 | 77.7 | 56.5 | 19.9 | 4.7 | 9.3 | 8.8 |
| 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 |
| Other Non-Current Liabilities | 0 | 542.2 | 513.7 | 0 | 0 | 23.4 | 15.5 | 4.9 | 13.0 | 15.1 | 0 | 172.8 | 0.5 | 8.8 | 0 | 20.0 | 0 | 0.0 | 0.1 | (0.1) | (0.1) | 0 | 0 | 0 |
| Total Non-Current Liabilities | 2,253.2 | 2,106.0 | 2,155.3 | 1,649.4 | 1,599.4 | 1,047.6 | 1,275.6 | 1,200.3 | 713.9 | 679.1 | 243.7 | 345.2 | 237.1 | 222.2 | 207.3 | 145.7 | 102.3 | 87.3 | 77.8 | 56.4 | 19.8 | 4.7 | 9.3 | 8.8 |
| Total Liabilities | 3,034.7 | 2,415.3 | 2,603.4 | 1,961.0 | 1,840.0 | 1,646.5 | 1,548.6 | 1,480.6 | 957.5 | 812.9 | 355.1 | 469.9 | 280.6 | 267.8 | 283.2 | 194.0 | 116.9 | 102.3 | 100.3 | 83 | 42.9 | 23.7 | 20.6 | 20.3 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 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 | 0.1 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | (2,631.2) | (2,249.8) | (1,795.9) | (1,429.6) | (1,159.9) | (1,131.3) | (707.5) | (967.3) | (1,187.4) | (1,181.4) | (696.1) | (839.7) | (698.4) | (555.6) | (459.9) | (386.6) | (311.5) | (256.8) | (197.1) | (154.1) | (123.1) | (96.5) | (72.8) | (54.7) |
| Accumulated Other Comprehensive Income | (25.3) | (30.8) | (32.6) | (57.5) | (32.7) | (21.1) | (25.3) | (32.0) | (31.8) | (30.4) | 2.2 | 1.0 | 2.6 | 3.2 | (0.7) | 0.4 | (0.7) | (26.7) | (22.3) | (18.5) | (15.6) | 0 | 0 | 0 |
| Total Stockholders' Equity | 489.1 | 588.4 | 386.7 | 572.9 | 771.7 | 743.3 | 1,471.1 | 1,048.1 | 281.0 | 99.6 | 291.7 | 67.1 | (72.1) | 67.2 | 155.5 | 223.1 | 66.4 | 0.8 | (4.2) | 34.9 | 58.4 | 75.9 | 46 | 58.5 |
| Total Liabilities & Equity | 3,523.8 | 3,003.7 | 2,990.1 | 2,533.9 | 2,611.7 | 2,389.8 | 3,233.1 | 2,667.8 | 1,322.8 | 912.5 | 657.2 | 574.1 | 208.4 | 334.9 | 438.7 | 417.1 | 183.3 | 103.1 | 96.1 | 117.9 | 101.3 | 99.6 | 66.6 | 78.8 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 2,614.3 | 1,416.6 | 1,453.5 | 1,369.2 | 1,251.0 | 908.9 | 772.0 | 641.8 | 594.5 | 574.1 | 140.8 | 174.5 | 247.2 | 229.9 | 228.7 | 135.5 | 106.9 | 91.2 | 81.3 | 58.8 | 26.1 | 9.7 | 11.7 | 13.7 |
| Net Debt | 2,242.1 | 1,174.5 | 1,054.3 | 1,092.7 | 381.9 | 511.3 | 88.7 | 363.0 | 464.9 | 489.4 | 35.6 | (43.4) | 219.9 | 196.8 | 126.8 | 8.5 | 67.2 | 55.9 | 53.7 | 20.7 | (11) | (36.8) | (1.2) | (20) |
| 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 | (381.4) | (453.9) | (366.3) | (269.7) | (28.6) | (486.8) | 303.3 | 215.0 | (17.3) | (86.6) | (72.4) | (142.5) | (95.0) | (72.2) | (73.8) | (53.5) | (59.2) | (43) | (31.1) | (26.5) | (23.7) | (18.2) | (19.1) |
| Depreciation & Amortization | 22.7 | 19.7 | 22.5 | 22.1 | 19.6 | 17.2 | 16.0 | 12.5 | 8.3 | 9.0 | 9.7 | 12.2 | 12.3 | 10.3 | 7.0 | 5.5 | 5.2 | 4.3 | 3.2 | 2.6 | 2.8 | 3.9 | 3.2 |
| Stock-Based Compensation | 0 | 130.2 | 105.8 | 100.3 | 120.7 | 230.1 | 146.6 | 131.3 | 86.0 | 72.1 | (0.5) | 0.9 | 0 | (3.0) | 4.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (51.2) | (209.4) | (77.3) | 7.6 | (113.8) | (73.6) | (168.7) | 499.4 | 43.6 | (151.5) | (8.9) | (24.2) | (24.3) | (18.1) | 25.2 | (0.9) | (9.9) | (7.4) | 6.9 | 2.8 | 5 | 2.3 | 0.6 |
| Other Non-Cash Items | 141.3 | 12.5 | 7.7 | (134.6) | 7.7 | 35.7 | 55.7 | 35.2 | 39.5 | 34.1 | 9.9 | 52.8 | 11.5 | (14.4) | 35.5 | 25.7 | 15.5 | 11.4 | 0.4 | (0.1) | 0.8 | (3.2) | (0.1) |
| Operating Cash Flow | (268.6) | (500.9) | (307.5) | (274.4) | 30.8 | 35.9 | 345.7 | 602.9 | 174.1 | (112.1) | (61.7) | (101.8) | (95.5) | (94.4) | (6.2) | (23.2) | (48.4) | (34.7) | (20.6) | (21.2) | (15.1) | (15.2) | (15.3) |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (51.4) | (45.3) | (28.0) | (20.1) | (17.9) | (41.0) | (36.3) | (17.7) | (37.9) | (11.5) | (0.4) | (3.5) | (7.6) | (36.8) | (9.3) | (1.6) | (4.8) | (4.4) | (3.5) | (0.9) | (1.1) | (0.9) | (5.2) |
| Acquisitions | 0 | 0 | 0.0 | 254.1 | 5.9 | 5.9 | 5.4 | 4.0 | 2.5 | 4.5 | 14.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (1,918.6) | (1,852.9) | (1,770.8) | (1,485.8) | (1,131.4) | (1,570.4) | (1,956.7) | (1,794.7) | (880.3) | (300.9) | (64.1) | (72.5) | (152.9) | (200.6) | (334.0) | (69.9) | 0 | 0 | (8.2) | (9.6) | (0.4) | (10.2) | (0.4) |
| Sales/Maturities of Investments | 1,697.9 | 1,769.2 | 1,584.7 | 989.2 | 1,344.2 | 1,885.9 | 1,951.7 | 882.8 | 557.4 | 364.6 | 50.2 | 176.1 | 156.9 | 196.1 | 236.2 | 0 | 13.4 | 17.5 | 0 | 0 | 0 | 4.2 | 0 |
| Other Investing Activities | (5.6) | (5.1) | (4.2) | 0 | (5.9) | (5.9) | (5.4) | (4.0) | (323.5) | 63.7 | 0.8 | (16.4) | (11.6) | (19.0) | (36.4) | (23.8) | (16.5) | (4) | (3.5) | (0.8) | 0 | (2.3) | (1.7) |
| Investing Cash Flow | (277.8) | (134.0) | (214.1) | (262.6) | 194.9 | 274.5 | (41.3) | (929.6) | (358.3) | 56.6 | 0.5 | 83.7 | (15.1) | (60.4) | (143.5) | (95.4) | (7.9) | 9.1 | (15.2) | (11.3) | (1.5) | (9.2) | (7.3) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | 483.2 | (44.7) | 86.9 | (50.7) | 313.6 | 0 | 97 | 0 | (24.0) | (3.1) | (11.6) | 8.1 | 40.2 | 129.6 | 26.6 | 4.6 | (0.4) | 11.2 | 36.7 | 23.1 | 50.1 | 3.6 | 2.3 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | (90.5) | (34.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| Other Financing Activities | 0 | 0 | 507.7 | (11.0) | (153.3) | (492.6) | (82.2) | 0 | (2.0) | 1.0 | 0 | 0 | 0 | (8.9) | 0 | 118.2 | 0 | 0 | 0 | (0.1) | 0 | 0.1 | 0 |
| Financing Cash Flow | 675.8 | 478.1 | 644.1 | (55.3) | 245.9 | (596.6) | 100.0 | 475.9 | 229.1 | 11.4 | 37.6 | 12.2 | 41.9 | 129.6 | 237.0 | 122.9 | 63.9 | 15.1 | 36.7 | 23 | 50.1 | 3.7 | 39.9 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | 130.2 | (157.2) | 122.8 | (592.7) | 471.5 | (285.6) | 404.5 | 149.2 | 44.9 | (44.1) | (23.6) | (5.9) | (68.7) | (25.2) | 87.4 | 4.3 | 7.7 | 15.1 | 36.7 | 23 | 50.1 | 3.7 | 39.9 |
| Cash at Beginning | 242.1 | 399.3 | 276.5 | 869.2 | 397.7 | 683.3 | 278.8 | 129.6 | 84.7 | 128.8 | 27.2 | 33.1 | 101.9 | 127.0 | 39.6 | 35.3 | 27.6 | 38.1 | 37.1 | 46.5 | 12.9 | 33.7 | 16.5 |
| Cash at End | 372.3 | 242.1 | 399.3 | 276.5 | 869.2 | 397.7 | 683.3 | 278.8 | 129.6 | 84.7 | 3.6 | 27.2 | 33.1 | 101.9 | 127.0 | 39.6 | 35.3 | 53.2 | 73.8 | 69.5 | 63 | 37.4 | 56.4 |
| Free Cash Flow | (320.0) | (546.2) | (335.5) | (294.5) | 12.9 | (5.2) | 309.4 | 585.2 | 136.3 | (123.6) | (62.2) | (105.3) | (103.0) | (131.2) | (15.4) | (24.8) | (53.2) | (39.1) | (24.1) | (22.1) | (16.2) | (16.1) | (20.5) |
| 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 | 944 | 705.1 | 787.6 | 587.4 | 810.5 | 729.3 | 1,122.6 | 599.7 | 514.2 | 372.8 | 283.7 | 214.2 | 147.3 | 102.0 | 99.1 | 108.5 | 121.6 | 107.2 | 58.3 | 14.9 | 40.1 | 42.6 | 50.0 | 80.2 | 53.3 | 37.3 | 33.9 | 39.2 | 32.7 | 22.7 | 13 | 10.1 | 12.1 |
| Gross Profit | 928 | 693.9 | 778.5 | 573.3 | 799.6 | 717.3 | 1,118.2 | 597.9 | 514.2 | 372.8 | (38.6) | (27.6) | (36.7) | (56.4) | 99.1 | 108.5 | 121.6 | 107.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42.8 | 39.1 | 43.5 | 35.9 | 25.3 | 15.8 | 13.9 | (10.3) |
| Operating Income | (382) | (475.1) | (353.7) | (410.2) | (30.2) | (172.1) | 365.9 | (61.4) | 31.0 | (20.2) | (75.8) | (47.7) | (51.7) | (68.9) | (71.1) | (48.4) | (27.5) | (13.1) | (32.9) | (65.2) | (57.2) | (117.9) | (79.0) | (50.8) | (46.1) | (29.0) | (43.1) | (32.5) | (31.3) | (29.1) | (25.6) | (22.5) | (18.3) |
| Net Income | (381) | (453.9) | (366.3) | (269.7) | (28.6) | (444.3) | 278.1 | 273.7 | 0.3 | (60.4) | (88.3) | (39.0) | (60.6) | (65.5) | (84.8) | (61.3) | 155.1 | (18.2) | (11.0) | (45.9) | (72.4) | (142.5) | (95.0) | (72.2) | (73.8) | (53.5) | (59.2) | (43) | (31.1) | (26.5) | (23.7) | (18.2) | (19.1) |
| EPS (Diluted) | -2.38 | -3.04 | -2.56 | -1.90 | -0.20 | -3.18 | 2.06 | 2.04 | -0.05 | -0.72 | -0.74 | -0.33 | -0.55 | -0.65 | -0.85 | -0.62 | 1.58 | -0.13 | -0.13 | -0.62 | -1.15 | -2.52 | -1.71 | -1.33 | -1.67 | -1.44 | -2.06 | -1.60 | -1.17 | -1.04 | -1.10 | -0.93 | -1.22 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 372.3 | 242.1 | 399.3 | 276.5 | 869.2 | 397.7 | 683.3 | 278.8 | 129.6 | 84.7 | 105.3 | 217.9 | 27.2 | 33.1 | 101.9 | 127.0 | 39.6 | 35.3 | 27.6 | 38.1 | 37.1 | 46.5 | 12.9 | 33.7 | |||||||||
| Total Assets | 3,523.8 | 3,003.7 | 2,990.1 | 2,533.9 | 2,611.7 | 2,389.8 | 3,233.1 | 2,667.8 | 1,322.8 | 912.5 | 657.2 | 574.1 | 208.4 | 334.9 | 438.7 | 417.1 | 183.3 | 103.1 | 96.1 | 117.9 | 101.3 | 99.6 | 66.6 | 78.8 | |||||||||
| Total Debt | 2,614.3 | 1,416.6 | 1,453.5 | 1,369.2 | 1,251.0 | 908.9 | 772.0 | 641.8 | 594.5 | 574.1 | 140.8 | 174.5 | 247.2 | 229.9 | 228.7 | 135.5 | 106.9 | 91.2 | 81.3 | 58.8 | 26.1 | 9.7 | 11.7 | 13.7 | |||||||||
| Stockholders' Equity | 489.1 | 588.4 | 386.7 | 572.9 | 771.7 | 743.3 | 1,471.1 | 1,048.1 | 281.0 | 99.6 | 291.7 | 67.1 | (72.1) | 67.2 | 155.5 | 223.1 | 66.4 | 0.8 | (4.2) | 34.9 | 58.4 | 75.9 | 46 | 58.5 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | (268.6) | (500.9) | (307.5) | (274.4) | 30.8 | 35.9 | 345.7 | 602.9 | 174.1 | (112.1) | (61.7) | (101.8) | (95.5) | (94.4) | (6.2) | (23.2) | (48.4) | (34.7) | (20.6) | (21.2) | (15.1) | (15.2) | (15.3) | ||||||||||
| Capital Expenditure | (51.4) | (45.3) | (28.0) | (20.1) | (17.9) | (41.0) | (36.3) | (17.7) | (37.9) | (11.5) | (0.4) | (3.5) | (7.6) | (36.8) | (9.3) | (1.6) | (4.8) | (4.4) | (3.5) | (0.9) | (1.1) | (0.9) | (5.2) | ||||||||||
| Free Cash Flow | (320.0) | (546.2) | (335.5) | (294.5) | 12.9 | (5.2) | 309.4 | 585.2 | 136.3 | (123.6) | (62.2) | (105.3) | (103.0) | (131.2) | (15.4) | (24.8) | (53.2) | (39.1) | (24.1) | (22.1) | (16.2) | (16.1) | (20.5) | ||||||||||