Janus Henderson Group plc logo JHG - Janus Henderson Group plc

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 11
SELL 1
STRONG
SELL
0
| PRICE TARGET: $48.50 DETAILS
HIGH: $49.00
LOW: $48.00
MEDIAN: $48.50
CONSENSUS: $48.50
DOWNSIDE: 6.39%
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 2014 Q3 2014 Q2 2014 Q1 2013 Q2 2013 Q1 2012 Q4 2012 Q3
Revenue
Revenue 703.1 1,142.3 700.4 633.2 621.4 708.3 624.8 588.4 551.7 568.5 521 516.5 495.8 515.2 512.9 555.5 620 697.2 687.4 738.4 644 657.2 568.5 518 554.9 601.2 536 535.9 519.3 545.1 581.2 592.4 587.7 592 566.9 396.6 233 154.0 245 257.1 255.8 0 293.6 0 291.3 0 276.2 0 271.4 0 224.8 0 255.9
Cost of Revenue 189.7 306.2 205.4 195.9 197.6 222.5 194.7 179.1 178 168.4 161.6 158.8 151.9 171.2 155 155.3 179.4 173 179.2 205.5 187.2 174.9 168 158.4 167.3 176.9 159.1 157.6 156.8 167.4 171.7 162.7 158.1 184.8 188.4 133.3 80.6 281.8 76.6 80 93.0 0 64.2 0 51.5 0 53.5 0 55.3 0 45.4 0 87.6
Gross Profit 513.4 836.1 495 437.3 423.8 485.8 430.1 409.3 373.7 400.1 359.4 357.7 343.9 344 357.9 400.2 440.6 524.2 508.2 532.9 456.8 482.3 400.5 359.6 387.6 424.3 376.9 378.3 362.5 377.7 409.5 429.7 429.6 407.2 378.5 263.3 152.4 (127.7) 168.4 177.1 162.8 0 229.4 0 239.8 0 222.6 0 216.1 0 179.4 0 168.2
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
SG&A Expenses 276.4 253.4 230.2 225.3 217.6 240.4 219.4 203.3 199 209.8 199.3 196.1 181.9 185.5 189 207.9 222.3 236.2 215.1 207.2 196.6 199 189.7 166.4 184.1 208.4 175.9 177.3 174.6 177.6 179.3 183.4 198 152.1 174.6 149.9 78.9 (182.0) 78.3 84.9 96.2 0 148.0 0 138.2 0 135.0 0 136.2 0 109.0 0 110.8
Other Expenses 110 95.3 92.8 48.2 52.6 47.9 46 41.7 55.5 46.6 38.4 43.7 61.6 90.7 48.2 48.4 60.9 130.4 44.8 100.7 67.7 56.3 54.3 86.5 535.9 61.6 57.4 82.5 63.4 50.1 81.9 71 55.4 58.5 65.7 56.7 22.7 54.3 26 35.8 5.6 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 386.4 348.7 323 273.5 270.2 288.3 265.4 245 254.5 256.4 237.7 239.8 243.5 276.2 237.2 256.3 283.2 366.6 259.9 307.9 264.3 255.3 244 252.9 720 270 233.3 259.8 238 227.7 261.2 254.4 253.4 210.6 240.3 206.6 101.6 (127.7) 104.3 120.7 104.2 0 172.4 0 162.6 0 157.9 0 160.2 0 129.7 0 123.1
Operating Income
Operating Income 127 487.4 172 163.8 153.6 197.5 164.7 164.3 119.2 143.7 121.7 117.9 100.4 67.8 120.7 143.9 157.4 157.6 248.3 225 192.5 227 156.5 106.7 (332.4) 154.3 143.6 118.5 124.5 150 148.3 175.3 176.2 196.6 138.2 56.7 50.8 (18.9) 64.1 56.4 61 0 62.2 0 78.4 0 66.8 0 56.4 0 49.7 0 35.1
Interest Expense 6.3 6.1 6.3 5.9 5.9 7.2 4.5 3.2 3.1 3.2 3.2 3.2 3.1 3.1 3.1 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.3 3.3 3.5 4.2 4.1 4 4 3.9 3.8 4.1 4.7 2 1.1 0 0.5 1.4 0 0 0 0 0 0 0 0 0 0 0 0 4.3
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 7.2 0 0.1 2.8 0 4.2 0 4.3 0 4.6 0 4.7 0 4.6 0 0
Profitability
EBITDA 153.6 276.9 181.4 246 163 185.8 103.6 183.6 181.4 185.3 108.2 137.9 131.2 97.3 152.7 42.8 126.9 168.5 266.4 234.2 204.6 270.6 192.7 176.6 (335.7) 177.7 167.5 167.1 148.9 166 163.1 188.4 229.8 212.9 167.8 73.9 57.5 48.9 68.4 49.9 66.6 0 83.1 0 102.2 0 88.9 0 82.1 0 70.6 0 57.3
EBIT 142.2 267 172 237.5 154.5 177.2 98.1 178.3 176.3 180.4 102.4 131.8 125.1 89.9 145.6 35.1 117.4 158.3 256.6 224.1 194 259 181.1 165.6 (350.7) 160.6 152.3 151.8 133.9 148.2 142.3 172.6 214.4 190.6 153 64.5 51.2 (4.8) 62.6 44.3 61 0 62.2 0 78.4 0 66.8 0 56.4 0 49.7 0 45.1
Income Before Tax 135.9 547.1 226 231.6 148.6 170 93.6 175.1 173.2 177.2 99.2 128.6 122 86.8 142.5 31.9 114.2 155.1 253.4 220.9 190.8 255.8 177.9 162.4 (354) 157.3 148.8 147.6 129.8 144.2 138.3 168.7 210.6 186.5 148.3 62.5 50.1 (2.1) 62.1 42.9 55.9 0 52.8 0 72.9 0 60.1 0 51.3 0 45.2 0 40.9
Income Tax Expense 29.1 120.9 45 47.2 32.6 48.5 43.6 41.6 32.6 32.9 13.2 28.2 26 5.6 27.9 36.7 30.7 29.6 53.3 79.7 43.1 57.4 40.8 30.1 (68.8) 36.9 35.7 35.3 29.9 43.4 33.2 38.2 47.4 (285.6) 46.1 21 7.5 11.1 8.5 2.7 8.4 0 (0.6) 0 5.6 0 1.0 0 6.3 0 3.7 0 (2.3)
Net Income 90.9 394 138.8 146.5 118.3 121.8 27.3 129.7 130.1 121.3 93.5 89.8 87.4 65 107.6 96.2 103.6 132.5 196.8 137.3 155.5 186.8 118.9 102.9 (247) 112 112.1 109.4 94.1 106.8 111.2 140.6 165.2 471.7 99.5 41.7 42.6 (16.0) 53.4 46.3 47.8 0 53.4 0 67.3 0 59.1 0 45.0 0 41.5 0 43.0
Per Share Data
EPS (Basic) 0.59 2.62 0.92 0.95 0.77 0.77 0.17 0.81 0.81 0.74 0.56 0.54 0.53 0.39 0.65 0.58 0.62 0.78 1.15 0.80 0.88 1.03 0.65 0.55 -1.36 0.59 0.58 0.56 0.48 0.54 0.55 0.70 0.82 2.34 0.49 0.29 0.38 -0.15 0.48 0.42 0.43 1.14 0.47 0.65 0.59 0.50 0.52 0.42 0.39 0.38 0.38 0.11 0.39
EPS (Diluted) 0.60 2.62 0.92 0.95 0.77 0.77 0.17 0.81 0.81 0.74 0.56 0.54 0.53 0.39 0.65 0.57 0.61 0.78 1.14 0.79 0.88 1.02 0.65 0.55 -1.35 0.59 0.58 0.56 0.48 0.54 0.55 0.70 0.82 2.32 0.49 0.28 0.38 -0.15 0.46 0.41 0.43 1.14 0.47 0.65 0.59 0.50 0.53 0.42 0.39 0.38 0.38 0.12 0.39
Shares Outstanding 149.6 149.6 154.2 154.2 154.2 154.2 154.4 155.6 157.5 160.1 160.8 160.5 160.2 160.1 160.5 161.9 164 165.6 167.1 167.6 171 176.5 178.4 181.8 181 183.6 187.9 190.2 191.8 193.3 195.2 195.8 195.9 196.3 196.5 140.2 109.2 113.3 109.3 109.3 111.0 118.3 113.9 109.3 114.7 112.6 112.6 109.3 114.9 109.2 109.2 119.0 108.8
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 2015 Q1 2010 Q2 2009 Q4 2009 Q2
Current Assets
Cash & Cash Equivalents 1,409.6 1,253.9 1,040.9 911.8 1,105.7 1,234.8 1,504.8 1,034.8 922.3 1,168.1 1,140.3 1,024.4 862.3 1,176.4 1,035.7 873.7 813.4 1,118.6 944.6 977.3 836.6 1,108.1 926.5 880.4 802.2 796.5 773.7 731 739.9 916.6 796.1 703.8 665.4 794.2 699.7 683.7 (716.5) 323.2 (611.5) 242.0 420.3 151.3 192.4 152.8
Short-Term Investments 1,187.3 364.6 1,463.4 1,440.1 1,076.1 839.2 1,018 813.6 728.4 716.6 608.2 776.1 850.2 595.9 508.5 1,317.1 663.8 702.3 690.5 487 442.9 482.7 449.2 851.3 799.4 1,178.3 584.2 557.9 568.1 574.5 614.2 664.4 719.8 700.1 713.8 658.5 1,433 393.3 1,223.1 372.0 92.1 1.8 68.9 1.2
Net Receivables 0 0 470.3 416 436.6 432.7 423.4 412.5 451.8 415.1 370.3 351.9 459 349.7 454.4 443.9 578.9 446.9 540.2 613.9 603.5 490.4 490.7 478.9 497.5 476 564.7 457.2 564.9 457.9 507.7 519.4 584.7 663 579 621.1 0 308.5 0 729.9 508.5 311.9 284.9 423.8
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 (183.8) 0 0 0
Other Current Assets 743.1 (364.6) 178.8 187.4 134.3 50.5 189.1 116.8 127.2 85.9 169.3 140.3 121.5 50.4 116.4 153.9 149.8 103.3 124 108.8 115.9 77.4 115.3 128 145.4 102.6 103.7 113.7 87.8 47.5 78.4 78.8 82.3 61.2 81.2 98 0 24.9 0 0 1.3 66.4 0.3 61.4
Total Current Assets 3,340 1,253.9 3,153.4 2,955.3 2,752.7 2,639.5 3,135.3 2,377.7 2,229.7 2,455.6 2,288.1 2,292.7 2,293 2,214.8 2,115 2,788.6 2,205.9 2,409.2 2,299.3 2,187 1,998.9 2,193.7 1,981.7 2,338.6 2,244.5 2,580.8 2,026.3 1,859.8 1,960.7 2,019.1 1,996.4 1,966.4 2,052.2 2,242.6 2,073.7 2,061.3 716.5 1,060.7 611.5 1,343.9 1,206.0 531.4 552.7 639.1
Non-Current Assets
Property, Plant & Equipment 32.6 33.1 34.6 36.6 37.4 39.4 38.8 39.3 41.7 44.2 45.3 48.3 49.8 51.8 49 52.6 54.6 63.3 63.7 66.4 74 77.9 81.4 82.5 84 84.7 74.4 72.6 72.6 69.5 65 65 69.4 70.6 74.3 76.5 0 41.2 0 19.2 21.5 33.4 37.2 39.3
Goodwill 1,608.4 0 1,621.5 1,633.8 1,587.2 1,550.4 1,351.5 1,283.8 1,282.2 1,290.3 1,259.8 1,287.3 1,269.7 1,253.1 1,206 1,259.7 1,316.8 1,341.5 1,370.8 1,389.9 1,389.8 1,383.9 1,341.9 1,310.4 1,307.1 1,504.3 1,454.7 1,477.4 1,493.6 1,478 1,495.1 1,504.5 1,548.5 1,533.9 1,498.2 1,474.9 0 741.5 0 0 0 433.2 0 473.4
Intangible Assets 2,517.5 4,148.3 2,531 2,540.5 2,480.4 2,473.3 2,448.3 2,427.6 2,426.7 2,431.3 2,415.9 2,430.3 2,422.2 2,414.7 2,425.5 2,455.7 2,488.9 2,542.7 2,620.9 2,637.3 2,681.9 2,686.3 2,657.5 2,638.6 2,651.7 3,088.6 3,063.7 3,089.7 3,125.4 3,123.3 3,146.2 3,168 3,205.6 3,204.8 3,210.3 3,202.1 0 401.3 0 896.6 977.4 109.3 284.9 138.3
Long-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 0.2 0 0.9 4.2 8.6 10.3 10.0
Other Non-Current Assets 304 0 274.4 285.3 259.7 260.5 289.9 285 289.8 275.2 290.6 329.6 321.4 303.4 328.6 343 357.1 345.7 348.5 349.9 350.1 349 364.6 355.1 356.6 363.3 346.8 360.6 370.8 222 220.8 219.5 228.3 220.8 230.7 218 (716.5) 161.3 (611.5) 216.1 238.3 253.6 216.0 203.3
Total Non-Current Assets 4,462.5 4,181.4 4,461.5 4,496.2 4,364.7 4,323.6 4,128.5 4,035.7 4,040.4 4,041 4,011.6 4,095.5 4,063.1 4,023 4,009.1 4,111 4,217.4 4,293.2 4,403.9 4,443.5 4,495.8 4,497.1 4,445.4 4,386.6 4,399.4 5,040.9 4,939.6 5,000.3 5,062.4 4,892.8 4,927.1 4,957 5,051.8 5,030.1 5,013.5 4,971.5 (716.5) 1,372.7 (611.5) 1,160.3 1,241.4 859.8 880.6 884.8
Total Assets 7,802.5 8,287 7,614.9 7,451.5 7,117.4 6,963.1 7,263.8 6,413.4 6,270.1 6,496.6 6,299.7 6,388.2 6,356.1 6,237.8 6,124.1 6,899.6 6,423.3 6,702.4 6,703.2 6,630.5 6,494.7 6,690.8 6,427.1 6,725.2 6,643.9 7,621.7 6,965.9 6,860.1 7,023.1 6,911.9 6,923.5 6,923.4 7,104 7,272.7 7,087.2 7,032.8 0 2,433.4 0 2,504.2 2,447.4 1,391.2 1,433.3 1,523.9
Current Liabilities
Account Payables 0 23.3 348.3 344.8 306.1 4.7 269.5 223.9 211.2 3.2 219.2 217.5 222.4 4.3 219.6 237.3 255.9 2.6 232.3 226.4 267.2 3.2 213.9 323.2 304.7 57.1 253.6 253.2 274.3 6.5 235.9 225.2 312.4 21.5 312.3 354.5 0 26.2 0 773.4 539.0 303.8 117.2 477.1
Short-Term Debt 0 0 0 0 0 0 302.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9.4 9.5 57.2 83.3 115.4 0 0 0 0 222.4 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 55.1 0
Other Current Liabilities 858.6 0 301.2 207.9 171.4 467.2 285.6 198.6 165.3 167.4 232.3 176.8 151.2 342.4 230.2 180.2 174.7 477.5 351 275.2 223.5 424.8 274.4 202.2 172.3 411.6 254.8 203.8 167.3 392.4 287.1 228 206.4 541.1 275.5 205.1 0 164.8 0 185.8 27.0 33.1 33.1 23.9
Total Current Liabilities 858.6 23.3 784.3 658.4 629.1 735 1,016.4 586.9 568.4 631 595.6 506.7 576.4 610.5 689.6 574.6 694.1 785.6 772.9 733.4 734.2 727.8 691.6 735.6 690.7 769.7 768.6 635.4 716.3 728.4 689.7 644 770.3 1,005.1 870.2 948.2 0 452.8 0 981.9 788.4 442.8 465.0 552.6
Non-Current Liabilities
Long-Term Debt 395.6 395.5 395.4 395.2 395.2 395 396.2 303.1 303.9 304.6 305.3 306 306.8 307.5 308.2 308.9 309.7 310.4 311.1 311.9 312.6 313.3 314 314.8 315.5 316.2 316.9 317.7 318.4 319.1 319.8 320.6 321.3 322 322.7 323.5 0 0 0 0 0 271.7 294.1 0
Deferred Tax Liabilities 622.2 624.8 575.3 577.2 570.9 569.3 576.3 569.4 569.2 570.8 568.7 578.9 576.4 574.6 597.5 606.2 617 619.2 644.7 648.2 627.2 627.4 613.3 600.5 602.7 729.1 717.7 727.6 730.7 729.9 744.8 748.1 754.3 752.6 1,098.2 1,091.8 0 70.7 0 35.9 0 95.7 83.4 102.3
Other Non-Current Liabilities 201.4 1,123.4 180.6 176.1 160.2 105.8 148.2 132.5 126.5 79.9 125.5 125 121.1 81.6 129.9 140.8 147.9 80.3 167.2 170.5 166.2 84.8 188.9 176.7 177.6 93.1 201.9 205.3 245.6 137.6 131.5 124 113.5 127.2 132.9 122.2 0 59.6 0 69.0 0 136.2 134.4 402.2
Total Non-Current Liabilities 1,219.2 2,143.7 1,151.3 1,148.5 1,126.3 1,145 1,120.7 1,005 999.6 1,010.1 999.5 1,009.9 1,004.3 1,030.8 1,035.6 1,055.9 1,074.6 1,114.5 1,123 1,130.6 1,106 1,143.4 1,116.2 1,092 1,095.8 1,267.9 1,236.5 1,250.6 1,294.7 1,186.6 1,196.1 1,192.7 1,189.1 1,201.8 1,553.8 1,537.5 0 130.3 0 104.9 0 503.7 511.9 504.5
Total Liabilities 2,077.8 2,167 1,935.6 1,806.9 1,755.4 1,880 2,137.1 1,591.9 1,568 1,641.1 1,595.1 1,516.6 1,580.7 1,641.3 1,725.2 1,630.5 1,768.7 1,900.1 1,895.9 1,864 1,840.2 1,871.2 1,807.8 1,827.6 1,786.5 2,037.6 2,005.1 1,886 2,011 1,915 1,885.8 1,836.7 1,959.4 2,206.9 2,424 2,485.7 (1,850.3) 583.1 (1,411.7) 1,086.8 942.0 946.5 977.0 1,057.1
Stockholders' Equity
Common Stock 231.1 5,275.5 232 234.3 236.3 237.2 237.8 239.5 241 245 248.5 248.5 248.5 248.5 248.5 248.5 251.7 253.6 255.9 258.5 258.5 270.6 272.1 275.8 277.4 280.5 281.2 287.5 292.7 294.6 297.9 300.6 300.6 300.6 300.6 300.6 0 234.4 0 188.9 211.9 155.5 166.7 169.6
Retained Earnings 1,589 0 1,182.4 1,167 1,128.4 1,095.1 1,086.6 1,159.5 1,125 1,135.5 1,137.4 1,108.6 1,083.4 1,060.7 1,060.6 1,024 1,048 1,040.2 1,070.3 1,009.7 937.7 1,062.1 965.8 959.2 942.8 1,284.1 1,250.4 1,280.8 1,309.9 1,314.5 1,322.9 1,324.9 1,255.9 1,151.4 743.6 708 0 764.8 0 287.1 322.8 (44.0) (47.2) (35.0)
Accumulated Other Comprehensive Income (386) 0 (348.1) (321.5) (432.7) (485.2) (385.2) (598.7) (607.7) (563.6) (633.3) (564.1) (606.3) (647.7) (747.5) (595) (443.2) (387) (376.9) (318.2) (321.4) (324) (415.2) (501.7) (511) (367.1) (481.2) (424) (386.8) (423.5) (377.8) (355.5) (251.4) (301.8) (299.5) (344.1) 1,647.5 (434.5) 1,389.4 45.1 (1.8) 14.8 (70.2) 1.8
Total Stockholders' Equity 5,177.7 5,275.5 4,777 4,768.6 4,694.9 4,591.5 4,633 4,474.6 4,427.2 4,538.1 4,455.9 4,479 4,387.9 4,359.8 4,243 4,345.2 4,501.1 4,623.5 4,646.6 4,626 4,539.4 4,716.4 4,515.5 4,410.8 4,375 4,886.5 4,722.1 4,798.1 4,852.5 4,839.3 4,871.9 4,880.6 4,892.2 4,837.3 4,409.2 4,331.1 1,850.3 1,647.5 1,411.7 1,395.0 1,493.4 442.1 454.7 466.4
Total Liabilities & Equity 7,802.5 8,287 7,614.9 7,451.5 7,117.4 6,963.1 7,263.8 6,413.4 6,270.1 6,496.6 6,299.7 6,388.2 6,356.1 6,237.8 6,124.1 6,899.6 6,423.3 6,702.4 6,703.2 6,630.5 6,494.7 6,690.8 6,427.1 6,725.2 6,643.9 7,621.7 6,965.9 6,860.1 7,023.1 6,911.9 6,923.5 6,923.4 7,104 7,272.7 7,087.2 7,032.8 1,850.3 2,433.4 1,411.7 2,504.2 2,293.8 1,391.2 1,433.3 1,523.9
Debt Metrics
Total Debt 395.6 395.5 395.4 395.2 395.2 486.5 698.6 303.1 303.9 382.5 305.3 306 306.8 399.1 308.2 308.9 309.7 444.1 311.1 311.9 312.6 458.5 314 314.8 315.5 471.4 316.9 317.7 318.4 320.2 319.8 330 330.8 379.2 406 438.9 0 0 0 0 222.4 271.7 294.1 0
Net Debt (1,014) (858.4) (645.5) (516.6) (710.5) (748.3) (806.2) (731.7) (618.4) (785.6) (835) (718.4) (555.5) (777.3) (727.5) (564.8) (503.7) (674.5) (633.5) (665.4) (524) (649.6) (612.5) (565.6) (486.7) (325.1) (456.8) (413.3) (421.5) (596.4) (476.3) (373.8) (334.6) (415) (293.7) (244.8) 716.5 (323.2) 611.5 (242.0) (197.9) 120.4 101.7 (152.8)
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 89.2 394 138.8 184.4 116 121.5 50 133.5 140.6 144.3 86 100.4 96 81.2 114.6 (4.8) 83.5 125.5 198 141.2 147.7 198.4 137.1 132.3 (285.2) 120.4 113.1 112.3 99.9 100.8 105.1 130.5 163.2 472.1 102.2 41.5 42.6 23.3 53.6 46.3 48.9
Depreciation & Amortization 11.4 9.9 9.4 8.5 8.5 8.6 5.5 5.3 5.1 4.9 5.8 6.1 6.1 7.4 7.1 7.7 9.5 10.2 9.8 10.1 10.6 11.6 11.6 11 15 17.1 15.2 15.3 15 17.8 20.8 15.8 15.4 22.3 14.8 9.4 6.3 53.7 5.8 5.6 5.6
Stock-Based Compensation 0 0 0 18.2 18.7 20.4 18.1 15.7 17.5 17.6 16.9 21.3 21.6 22.6 22.2 23.2 22.6 17.5 16 17.1 17.6 14.5 18.1 17.5 16.6 17.5 18.6 18 20.1 17.9 23.3 24.8 16.4 10.1 26.4 23 7.9 4.8 9.9 10.1 10.1
Change in Working Capital 113.3 (108.7) 95.4 (18.5) (142.1) 63.1 79.9 73.7 (122.5) 25.8 85.1 52.1 (213.5) 40 105.9 28.6 (233.7) 68.4 100.9 43.2 (150.1) 32.9 25.2 82.5 (97.7) 57.4 38.9 (12.8) (156.5) 97.5 98.4 (77.1) (69.8) 73.3 36.4 (70.9) 13.4 61.6 (24.6) (27.8) (27.8)
Other Non-Cash Items 20.9 27.5 15.2 (58) 1.7 31.6 74.5 (2.9) (47) (30.2) 29.3 (8.5) (19.4) 18.3 (28.8) 108 52.5 86 (6.7) 35 (0.4) (42.2) (16.9) (31.8) 500 (6.7) (7.1) (14.2) (13.6) 9.3 (1) 25.2 (63.5) (351.9) (23.2) (11) (0.6) (49.1) (2) 7.5 5.0
Operating Cash Flow 234.8 322.7 258.8 135.2 2.8 247.3 228.5 223.8 (5) 161.5 216.9 171.4 (108.2) 146 221.9 162.9 (57.5) 281.2 319.4 269 25.8 220.2 183 204.6 37.9 207 173.2 117.7 (34.7) 243.3 246.6 119.2 61.7 225.9 156.6 (8) 69.6 94.3 42.7 41.8 41.8
Investing Activities
Capital Expenditure (3.2) (322.7) (2.4) (2) (1.9) (3.8) (2.6) (1.9) (1.8) (2.4) (1.9) (4.5) (2) (7.3) (2.8) (4.6) (2.9) (4.5) (4.8) 0.5 (1.6) (1.3) (4.1) (4.2) (8.2) (14.6) (8.4) (7.3) (7.5) (11.5) (6.3) (4.8) (6.5) (8.6) (0.7) (6.4) (2) 0 (3.6) (4.8) (4.8)
Acquisitions 0 2.9 (1.1) (1.8) (2.4) (109.7) (45.5) 0 0 0 0 0.2 0 0 9.9 0 5 21.3 2 1.7 2.4 1.6 1.4 2.2 38.6 0.8 0.3 0.9 0.3 1.6 4.3 0 36.5 0 0.5 417.2 0 0 0 0 0
Purchases of Investments (162.8) 50.6 505.8 (279.3) (226.5) 0 (166.9) (58.5) (53.2) 0 0 (17.7) (233.8) 0 0 0 (34.2) (34.4) (228.1) (10.9) (28.1) 44.7 172.5 (132.1) (105.3) (271.3) (51.5) (25.5) (7.4) 0 0 4.6 (38.4) (18.6) (9) 6.4 (13.7) 6.4 (33.7) 0 0
Sales/Maturities of Investments 0 0 (2.6) 0 2.6 0 0 0 0 0 0 0 0 0 0 15.3 13 0 0 0 51.4 86 (28.7) (20.8) 98.3 (79.5) 23.5 (7.9) 65.4 22.9 33.9 10.8 20 30.3 (36.3) 161.3 1.5 22.9 5.1 0 0
Other Investing Activities 6.3 (33.5) (466.6) (7.7) 0.9 157.8 0 0 0.7 (84.4) 17.9 (1) 0.7 (45.2) 44.7 65.4 2.2 0.1 8 (57.6) (0.7) (11.6) (6.1) (11.9) 18.4 (0.1) 0 0 0.5 0 0 33.8 0 (2.6) 0.2 0 0 (3.9) 0.4 (30.6) (30.6)
Investing Cash Flow (159.7) 17.7 39.4 (290.8) (227.3) 44.3 (215) (60.4) (54.3) (86.8) 16 (23) (235.1) (52.5) 51.8 76.1 (16.9) (17.5) (222.9) (66.3) 23.4 119.4 135 (166.8) 41.8 (364.7) (36.1) (39.8) 51.3 13 31.9 44.4 11.6 0.5 (45.3) 578.5 (14.2) 35.4 (31.8) (35.4) (35.4)
Financing Activities
Net Debt Issuance 0 0 0 0 0 (1.3) 0 0 0 0 0 (0.2) (0.2) (0.2) (0.4) (0.6) (0.2) (0.2) 0 (0.3) 0 (0.3) 0.2 (0.3) (0.2) (0.3) (0.2) (0.3) (0.3) (0.2) (13.8) (0.6) (82) (42.8) (50.5) (0.1) 0 23.8 6.1 0 0
Stock Repurchased (8.7) (26.3) (66.9) (49.5) (26.8) (52.9) (39.3) (44.6) (151.2) (61.9) 0 0 0 0 0 (55.6) (43.3) (66.9) (75) 0 (230.2) (27.4) (50.2) (22) (31.2) (12.5) (81.3) (75.2) (30.9) (49.9) (49.9) 0 0 0 0 0 0 0 0 (23.1) (23.1)
Dividends Paid 0 (61.5) (62.4) (63.8) (61.5) (62) (62.3) (62.6) (63.2) (64.7) (64.7) (64.6) (64.7) (64.9) (64.7) (65.5) (64.3) (64.5) (64.8) (65) (61.7) (64.8) (65.8) (66.1) (66.2) (66.3) (67.8) (68.6) (69.7) (69.2) (71.2) (71.6) (63.1) (63.7) (63.7) (128.6) 0 18.6 (46.1) (58.0) (58.0)
Other Financing Activities 57.6 0 (33.9) 45.6 167.9 (402.7) 526.2 56.3 35.2 50.5 (26.8) 66.7 78.7 61.2 0.6 (14.2) (107) 40.9 26.9 3.3 (30.6) (98.7) (175.4) 125.8 51.6 255.1 41.8 66.9 (97.4) (8.5) (47.5) (26.2) (63.1) (27.1) 20.9 (123.9) (25.2) (29.3) 8.1 (82.9) (82.9)
Financing Cash Flow 48.9 (87.8) (163.2) (67.7) 79.6 (518.9) 424.6 (50.9) (179.2) (76.1) (91.5) 1.9 13.8 (3.9) (64.5) (135.9) (214.8) (90.7) (112.9) (62) (322.5) (191.2) (291.2) 37.4 (46) 176 (107.5) (77.2) (198.3) (127.8) (182.4) (98.4) (208.2) (133.6) (93.3) (252.6) (25.2) 13.1 (31.9) (163.9) (163.9)
Cash Position
Net Change in Cash 116.1 252.6 129.1 (193.9) (129.1) (270) 470 112.5 (245.8) 27.8 115.9 162.1 (314.1) 140.7 162 60.3 (305.2) 174 (32.7) 140.7 (271.5) 181.6 46.1 78.2 5.7 22.8 42.7 (8.9) (176.7) 120.5 92.3 38.4 (128.8) 94.5 16 322.1 38.4 77.3 (25.7) (167.2) (167.2)
Cash at Beginning 1,293.5 1,040.9 911.8 1,105.7 1,234.8 1,504.8 1,034.8 922.3 1,168.1 1,140.3 1,024.4 862.3 1,176.4 1,035.7 873.7 813.4 1,118.6 944.6 977.3 836.6 1,108.1 926.5 880.4 802.2 796.5 773.7 731 739.9 916.6 796.1 703.8 665.4 794.2 699.7 683.7 361.6 323.2 223.7 249.4 0 583.7
Cash at End 1,409.6 1,293.5 1,040.9 911.8 1,105.7 1,234.8 1,504.8 1,034.8 922.3 1,168.1 1,140.3 1,024.4 862.3 1,176.4 1,035.7 873.7 813.4 1,118.6 944.6 977.3 836.6 1,108.1 926.5 880.4 802.2 796.5 773.7 731 739.9 916.6 796.1 703.8 665.4 794.2 699.7 683.7 361.6 301.0 223.7 (167.2) 416.6
Free Cash Flow 231.6 0 256.4 133.2 0.9 243.5 225.9 221.9 (6.8) 159.1 215 166.9 (110.2) 138.7 219.1 158.3 (60.4) 276.7 314.6 269.5 24.2 218.9 178.9 200.4 29.7 192.4 164.8 110.4 (42.2) 231.8 240.3 114.4 55.2 217.3 155.9 (14.4) 67.6 94.5 39.1 37.0 37.0
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 2014 Q3 2014 Q2 2014 Q1 2013 Q2 2013 Q1 2012 Q4 2012 Q3
Income Statement
Revenue 703.1 1,142.3 700.4 633.2 621.4 708.3 624.8 588.4 551.7 568.5 521 516.5 495.8 515.2 512.9 555.5 620 697.2 687.4 738.4 644 657.2 568.5 518 554.9 601.2 536 535.9 519.3 545.1 581.2 592.4 587.7 592 566.9 396.6 233 154.0 245 257.1 255.8 0 293.6 0 291.3 0 276.2 0 271.4 0 224.8 0 255.9
Gross Profit 513.4 836.1 495 437.3 423.8 485.8 430.1 409.3 373.7 400.1 359.4 357.7 343.9 344 357.9 400.2 440.6 524.2 508.2 532.9 456.8 482.3 400.5 359.6 387.6 424.3 376.9 378.3 362.5 377.7 409.5 429.7 429.6 407.2 378.5 263.3 152.4 (127.7) 168.4 177.1 162.8 0 229.4 0 239.8 0 222.6 0 216.1 0 179.4 0 168.2
Operating Income 127 487.4 172 163.8 153.6 197.5 164.7 164.3 119.2 143.7 121.7 117.9 100.4 67.8 120.7 143.9 157.4 157.6 248.3 225 192.5 227 156.5 106.7 (332.4) 154.3 143.6 118.5 124.5 150 148.3 175.3 176.2 196.6 138.2 56.7 50.8 (18.9) 64.1 56.4 61 0 62.2 0 78.4 0 66.8 0 56.4 0 49.7 0 35.1
Net Income 90.9 394 138.8 146.5 118.3 121.8 27.3 129.7 130.1 121.3 93.5 89.8 87.4 65 107.6 96.2 103.6 132.5 196.8 137.3 155.5 186.8 118.9 102.9 (247) 112 112.1 109.4 94.1 106.8 111.2 140.6 165.2 471.7 99.5 41.7 42.6 (16.0) 53.4 46.3 47.8 0 53.4 0 67.3 0 59.1 0 45.0 0 41.5 0 43.0
EPS (Diluted) 0.60 2.62 0.92 0.95 0.77 0.77 0.17 0.81 0.81 0.74 0.56 0.54 0.53 0.39 0.65 0.57 0.61 0.78 1.14 0.79 0.88 1.02 0.65 0.55 -1.35 0.59 0.58 0.56 0.48 0.54 0.55 0.70 0.82 2.32 0.49 0.28 0.38 -0.15 0.46 0.41 0.43 1.14 0.47 0.65 0.59 0.50 0.53 0.42 0.39 0.38 0.38 0.12 0.39
Balance Sheet
Cash & Equivalents 1,409.6 1,253.9 1,040.9 911.8 1,105.7 1,234.8 1,504.8 1,034.8 922.3 1,168.1 1,140.3 1,024.4 862.3 1,176.4 1,035.7 873.7 813.4 1,118.6 944.6 977.3 836.6 1,108.1 926.5 880.4 802.2 796.5 773.7 731 739.9 916.6 796.1 703.8 665.4 794.2 699.7 683.7 (716.5) 323.2 (611.5) 242.0 420.3 151.3 192.4 152.8
Total Assets 7,802.5 8,287 7,614.9 7,451.5 7,117.4 6,963.1 7,263.8 6,413.4 6,270.1 6,496.6 6,299.7 6,388.2 6,356.1 6,237.8 6,124.1 6,899.6 6,423.3 6,702.4 6,703.2 6,630.5 6,494.7 6,690.8 6,427.1 6,725.2 6,643.9 7,621.7 6,965.9 6,860.1 7,023.1 6,911.9 6,923.5 6,923.4 7,104 7,272.7 7,087.2 7,032.8 0 2,433.4 0 2,504.2 2,447.4 1,391.2 1,433.3 1,523.9
Total Debt 395.6 395.5 395.4 395.2 395.2 486.5 698.6 303.1 303.9 382.5 305.3 306 306.8 399.1 308.2 308.9 309.7 444.1 311.1 311.9 312.6 458.5 314 314.8 315.5 471.4 316.9 317.7 318.4 320.2 319.8 330 330.8 379.2 406 438.9 0 0 0 0 222.4 271.7 294.1 0
Stockholders' Equity 5,177.7 5,275.5 4,777 4,768.6 4,694.9 4,591.5 4,633 4,474.6 4,427.2 4,538.1 4,455.9 4,479 4,387.9 4,359.8 4,243 4,345.2 4,501.1 4,623.5 4,646.6 4,626 4,539.4 4,716.4 4,515.5 4,410.8 4,375 4,886.5 4,722.1 4,798.1 4,852.5 4,839.3 4,871.9 4,880.6 4,892.2 4,837.3 4,409.2 4,331.1 1,850.3 1,647.5 1,411.7 1,395.0 1,493.4 442.1 454.7 466.4
Cash Flow
Operating Cash Flow 234.8 322.7 258.8 135.2 2.8 247.3 228.5 223.8 (5) 161.5 216.9 171.4 (108.2) 146 221.9 162.9 (57.5) 281.2 319.4 269 25.8 220.2 183 204.6 37.9 207 173.2 117.7 (34.7) 243.3 246.6 119.2 61.7 225.9 156.6 (8) 69.6 94.3 42.7 41.8 41.8
Capital Expenditure (3.2) (322.7) (2.4) (2) (1.9) (3.8) (2.6) (1.9) (1.8) (2.4) (1.9) (4.5) (2) (7.3) (2.8) (4.6) (2.9) (4.5) (4.8) 0.5 (1.6) (1.3) (4.1) (4.2) (8.2) (14.6) (8.4) (7.3) (7.5) (11.5) (6.3) (4.8) (6.5) (8.6) (0.7) (6.4) (2) 0 (3.6) (4.8) (4.8)
Free Cash Flow 231.6 0 256.4 133.2 0.9 243.5 225.9 221.9 (6.8) 159.1 215 166.9 (110.2) 138.7 219.1 158.3 (60.4) 276.7 314.6 269.5 24.2 218.9 178.9 200.4 29.7 192.4 164.8 110.4 (42.2) 231.8 240.3 114.4 55.2 217.3 155.9 (14.4) 67.6 94.5 39.1 37.0 37.0