LAZ - Lazard Inc
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$45.75
DETAILS
HIGH:
$52.00
LOW:
$40.00
MEDIAN:
$45.50
CONSENSUS:
$45.75
UPSIDE:
8.57%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Revenue | 3,186.5 | 3,086.3 | 2,551.1 | 2,825.6 | 3,268.3 | 2,641.1 | 2,651.2 | 2,871.7 | 2,690.7 | 2,378.4 | 2,399.5 | 2,357.7 | 2,060.0 | 1,988.0 | 1,905.0 | 1,982.1 | 1,530.5 | 1,557.2 | 1,917.7 | 1,493.6 | 1,301.4 | 1,094.8 | 0 | 0 | 0 |
| Cost of Revenue | 2,173.5 | 2,003.2 | 1,946.0 | 1,656.5 | 1,895.9 | 1,550.7 | 1,563.4 | 1,514.7 | 1,512.9 | 1,340.5 | 1,319.7 | 1,313.6 | 1,278.5 | 1,351.1 | 1,168.9 | 1,194.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 1,013.0 | 1,083.1 | 605.1 | 1,169.2 | 1,372.4 | 1,090.4 | 1,087.8 | 1,357.0 | 1,177.8 | 1,037.9 | 1,079.7 | 1,044.1 | 781.5 | 636.9 | 736.1 | 787.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 |
| SG&A Expenses | 118.5 | 426.7 | 430.7 | 384.9 | 379.0 | 339.5 | 424.1 | 424.1 | 333.3 | 301.4 | 302.3 | 311.6 | 309.1 | 304.1 | 290.2 | 256.5 | 1,513.4 | 1,360.0 | 1,321.2 | 891.4 | 698.7 | 466.1 | 388.3 | 391.0 | 410.0 |
| Other Expenses | 479.3 | 270.0 | 254.4 | 267.5 | 269.6 | 248.8 | 271.0 | 252.1 | 19.1 | 219.0 | 794.1 | 213.0 | 255.6 | 208.9 | 210.4 | 287.8 | 17.1 | 197.2 | 596.5 | 602.1 | 602.8 | 628.8 | (137.9) | (93.6) | (104.2) |
| Operating Expenses | 597.8 | 696.6 | 685.1 | 652.3 | 648.6 | 588.3 | 695.1 | 676.2 | 352.4 | 520.4 | 1,096.4 | 524.6 | 564.7 | 513.0 | 500.6 | 544.3 | 1,530.5 | 1,557.2 | 1,917.7 | 1,493.6 | 1,301.4 | 1,094.8 | 250.4 | 297.4 | 305.8 |
| Operating Income | |||||||||||||||||||||||||
| Operating Income | 415.3 | 386.5 | (80.0) | 516.8 | 723.8 | 502.1 | 392.7 | 680.8 | 825.4 | 517.5 | (16.6) | 519.5 | 216.8 | 123.9 | 235.5 | 243.7 | (182.2) | 25.1 | 418.3 | 327.2 | 342.4 | 288.2 | 250.4 | 297.4 | 305.8 |
| Interest Expense | 87.6 | 88.1 | 77.7 | 81.5 | 80.8 | 80.6 | 80.2 | 58.5 | 53.5 | 50.3 | 51.2 | 62.6 | 79.4 | 81.6 | 90.1 | 97.7 | 107.9 | 139.9 | 137.1 | 104.3 | 78.4 | 39.6 | 0 | 0 | 0 |
| Interest Income | 38.5 | 53.6 | 42.0 | 29.5 | 5.6 | 5.7 | 15.8 | 13.1 | 7.1 | 5.2 | 5.3 | 5.4 | 4.7 | 6.0 | 14.6 | 21.0 | 29.2 | 81.9 | 89.9 | 45.1 | 34.6 | 27.7 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||
| EBITDA | 449.4 | 511.3 | 40.9 | 640.8 | 843.0 | 619.7 | 527.9 | 757.5 | 920.0 | 636.3 | 73.1 | 622.9 | 341.1 | 244.7 | 362.1 | 371.9 | (46.8) | 190.5 | 593.7 | 347.5 | 315.7 | 336.8 | 250.4 | 297.4 | 305.8 |
| EBIT | 415.2 | 474.5 | (2.3) | 598.4 | 804.6 | 582.8 | 490.1 | 720.3 | 879.0 | 567.8 | 34.5 | 582.0 | 296.2 | 205.4 | 325.6 | 341.4 | (74.3) | 165.0 | 555.4 | 333.2 | 298.4 | 319.8 | 0 | 0 | 0 |
| Income Before Tax | 327.6 | 386.5 | (80.0) | 516.8 | 723.8 | 502.1 | 392.7 | 680.8 | 825.4 | 517.5 | (16.6) | 519.5 | 216.8 | 123.9 | 235.5 | 243.7 | (182.2) | (0.2) | 235.7 | 161.8 | 220.0 | 357.8 | 438.7 | 357.9 | 304.9 |
| Income Tax Expense | 76.6 | 99.8 | (22.6) | 124.4 | 181.3 | 99.4 | 95.0 | 148.3 | 565.6 | 123.8 | (1,009.6) | 85.4 | 51.7 | 31.1 | 44.9 | 49.2 | 6.0 | 25.4 | 80.6 | 68.8 | 59.0 | 28.4 | 188.4 | 60.4 | (0.9) |
| Net Income | 236.8 | 279.9 | (75.5) | 357.5 | 528.1 | 402.5 | 286.5 | 527.1 | 253.6 | 387.7 | 986.4 | 427.3 | 160.2 | 84.3 | 174.9 | 175.0 | (130.2) | 3.1 | 155.0 | 93.0 | 143.5 | 247.0 | 250.4 | 297.4 | 305.8 |
| Per Share Data | |||||||||||||||||||||||||
| EPS (Basic) | 2.43 | 2.93 | -0.90 | 3.68 | 4.90 | 3.69 | 2.57 | 4.43 | 2.09 | 3.11 | 7.87 | 3.49 | 1.33 | 0.72 | 1.48 | 1.68 | -1.66 | 0.05 | 3.04 | 2.42 | 3.83 | 6.59 | 6.68 | 7.93 | 8.15 |
| EPS (Diluted) | 2.17 | 2.68 | -0.90 | 3.51 | 4.63 | 3.54 | 2.44 | 4.06 | 1.91 | 2.92 | 7.40 | 3.20 | 1.21 | 0.65 | 1.36 | 1.36 | -1.66 | 0.02 | 2.79 | 2.31 | 3.82 | 6.59 | 6.68 | 7.93 | 8.15 |
| Shares Outstanding | 97.5 | 93.1 | 89.0 | 95.7 | 106.0 | 106.9 | 116.1 | 119.0 | 121.6 | 124.8 | 125.4 | 122.4 | 120.9 | 117.0 | 118.0 | 104.4 | 78.3 | 60.9 | 51.2 | 38.4 | 37.5 | 37.5 | 37.5 | 37.5 | 37.5 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||
| Cash & Cash Equivalents | 1,503.4 | 1,308.2 | 971.3 | 1,234.8 | 1,465.0 | 1,389.9 | 1,231.6 | 1,246.5 | 1,483.8 | 1,158.8 | 1,132.1 | 1,066.6 | 841.5 | 850.2 | 1,289.8 | 1,566.2 | 917.3 | 909.7 | 1,055.8 | 969.5 | 492.3 | 273.7 | 0 | 0 | 0 |
| Short-Term Investments | 167.1 | 268.7 | 219.6 | 779.2 | 1,347.5 | 1,134.5 | 1,180.7 | 1,007.0 | 935.4 | 419.7 | 389.9 | 207.8 | 244.9 | 292.5 | 286.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 897.8 | 800.3 | 832.0 | 652.8 | 855.1 | 792.3 | 722.2 | 721.0 | 610.4 | 670.0 | 527.9 | 724.0 | 622.7 | 615.4 | 633.7 | 568.7 | 525.7 | 712.5 | 1,097.2 | 1,234.9 | 762.3 | 891.5 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | (217.8) | 0 | (183.9) | (117.7) | (142.6) | 0 | 0 | 0 | 0 | (103.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | (201.2) | 32.5 | 34.1 | 625.4 | 617.4 | (4.7) | (15.8) | 2.9 | (0.6) | (0.5) | 4.3 | 1,143.7 | (6.9) | 4.9 | (155.8) | (2,134.9) | 0 | 0 | (2,153.0) | 0 | (1,254.6) | 0 | 0 | 0 | 0 |
| Total Current Assets | 2,367.2 | 2,616.9 | 2,290.4 | 3,292.2 | 4,523.3 | 3,312.0 | 3,118.7 | 2,977.4 | 3,182.2 | 2,362.9 | 2,054.1 | 1,875.2 | 1,661.1 | 1,909.1 | 1,923.5 | 0 | 1,586.8 | 1,622.2 | 0 | 2,204.4 | 0 | 1,165.2 | 0 | 0 | 0 |
| Non-Current Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment | 580.6 | 595.3 | 639.7 | 681.7 | 716.1 | 513.9 | 551.5 | 212.9 | 205.3 | 209.0 | 207.2 | 222.6 | 248.8 | 225.0 | 168.4 | 150.5 | 166.9 | 171.4 | 185.5 | 168.3 | 156.6 | 199.5 | 0 | 0 | 0 |
| Goodwill | 0 | 393.6 | 394.9 | 377.2 | 379.4 | 383.9 | 371.8 | 371.6 | 385.3 | 373.1 | 320.8 | 335.4 | 345.5 | 364.3 | 356.7 | 313.2 | 525.7 | 712.5 | 1,097.2 | 1,234.9 | 762.3 | 891.5 | 0 | 0 | 0 |
| Intangible Assets | 395.3 | 0 | 0.0 | 0.1 | 0.1 | 0.2 | 1.8 | 3.8 | 6.1 | 8.9 | 6.2 | 12.0 | 18.4 | 28.5 | 36.4 | 48.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 625.8 | 555.7 | 640.3 | 642.0 | 957.6 | 658.5 | 532.0 | 575.1 | 427.2 | 459.4 | 541.9 | 620.4 | 478.1 | 414.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | (793.9) | 152.9 | 173.1 | 451.7 | 135.4 | 564.9 | 477.0 | 258.6 | 228.1 | 184.5 | 226.0 | 507.0 | 508.1 | 493.4 | 0 | (512.0) | (484.7) | 0 | 0 | 0 | 0 | (216.7) | 0 | 0 | 0 |
| Total Non-Current Assets | 1,266.9 | 2,177.1 | 2,345.4 | 2,560.4 | 2,623.9 | 2,659.9 | 2,545.7 | 2,019.8 | 1,900.3 | 2,310.7 | 2,432.7 | 1,474.8 | 1,350.1 | 1,300.9 | 561.5 | 512.0 | 484.7 | 346.6 | 373.4 | 185.3 | 172.6 | 216.7 | 0 | 0 | 0 |
| Total Assets | 4,940.7 | 4,794.0 | 4,635.8 | 5,852.6 | 7,147.2 | 5,971.9 | 5,664.4 | 4,997.2 | 4,926.7 | 4,556.5 | 4,486.8 | 3,350.0 | 3,011.1 | 2,986.9 | 3,081.9 | 3,422.5 | 3,143.9 | 2,862.0 | 3,840.4 | 3,208.7 | 1,910.9 | 3,499.2 | 3,257.2 | 2,460.7 | 3,569.4 |
| Current Liabilities | |||||||||||||||||||||||||
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 288.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 80.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 136.5 | 140.4 | 137.3 | 130.7 | 90.7 | 98.0 | 81.0 | 45.4 | 35.7 | 30.2 | 25.9 | 6.0 | 269.8 | 288.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (269.8) | (288.4) | (863.3) | (854.6) | (782.7) | (1,383.5) | (9.8) | (3.9) | (601.6) | 0 | 0 | 0 |
| Total Current Liabilities | 80.7 | 896.8 | 1,032.4 | 1,564.3 | 2,154.1 | 1,833.7 | 1,909.1 | 1,802.2 | 1,627.1 | 1,245.6 | 1,298.7 | 596.2 | 538.0 | 538.8 | 551.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | 2,092.6 | 1,687.1 | 1,690.2 | 1,687.7 | 1,685.2 | 1,682.7 | 1,679.6 | 1,434.3 | 1,190.4 | 1,188.6 | 989.4 | 1,048.3 | 1,048.3 | 1,076.8 | 1,076.8 | 1,226.8 | 1,236.8 | 1,237.8 | 1,737.5 | 1,287.1 | 1,222.1 | 370.8 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 1.4 | 1.1 | 3.9 | 3.9 | 1.8 | 1.0 | 3.5 | 5.6 | 9.4 | 9.2 | 11.1 | 292.0 | 247.6 | 197.8 | 112.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1,233.5 | 938.8 | 854.3 | 824.1 | 1,100.6 | 847.9 | 623.5 | 704.1 | 797.5 | 776.4 | 772.1 | 849.7 | 772.9 | 432.1 | 165.6 | (1,249.8) | (1,261.5) | (1,264.6) | (1,764.6) | (1,312.5) | (1,245.9) | (422.3) | 0 | 0 | 0 |
| Total Non-Current Liabilities | 3,870.9 | 3,132.4 | 3,033.5 | 3,029.4 | 3,340.1 | 3,138.7 | 3,048.9 | 2,224.9 | 2,042.7 | 2,017.1 | 1,811.7 | 1,966.0 | 1,843.1 | 1,796.5 | 1,663.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 3,951.6 | 4,029.2 | 4,065.9 | 4,593.7 | 5,494.2 | 4,972.4 | 4,982.8 | 4,027.1 | 3,666.5 | 3,262.7 | 3,119.5 | 2,580.5 | 2,381.1 | 2,335.4 | 2,215.1 | 2,626.4 | 2,620.8 | 2,550.3 | 3,717.3 | 3,393.5 | 2,669.8 | 2,939.7 | 2,721.5 | 1,811.8 | 0 |
| Stockholders' Equity | |||||||||||||||||||||||||
| Common Stock | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.2 | 1.2 | 0.9 | 0.8 | 0.5 | 0.5 | 0.4 | 0.4 | 0 | 0 | 0 |
| Retained Earnings | 1,488.1 | 1,472.1 | 1,402.6 | 1,676.7 | 1,560.6 | 1,295.4 | 1,193.6 | 1,195.6 | 1,080.4 | 1,134.2 | 1,123.7 | 464.7 | 203.2 | 182.6 | 258.6 | 166.5 | 53.6 | 221.4 | 248.6 | 127.6 | 49.0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | (271.5) | (326.7) | (289.9) | (295.9) | (223.8) | (238.4) | (293.6) | (273.8) | (232.6) | (314.2) | (234.4) | (201.1) | (133.0) | (110.5) | (88.4) | (46.2) | (57.0) | (79.4) | 52.5 | 32.5 | (34.3) | 384.8 | 0 | 0 | 0 |
| Total Stockholders' Equity | 873.7 | 636.2 | 423.8 | 556.5 | 975.2 | 911.8 | 610.0 | 916.9 | 1,201.1 | 1,236.0 | 1,313.5 | 706.2 | 560.2 | 569.7 | 726.1 | 652.4 | 355.4 | 250.6 | 70.3 | (240.4) | (870.7) | 384.8 | 535.7 | 648.9 | 704.7 |
| Total Liabilities & Equity | 4,940.7 | 4,794.0 | 4,635.8 | 5,852.6 | 7,147.2 | 5,971.9 | 5,664.4 | 4,997.2 | 4,926.7 | 4,556.5 | 4,486.8 | 3,350.0 | 3,011.1 | 2,986.9 | 3,081.9 | 3,422.5 | 3,143.9 | 2,862.0 | 3,840.4 | 3,208.7 | 1,910.9 | 3,499.2 | 3,257.2 | 2,460.7 | 3,569.4 |
| Debt Metrics | |||||||||||||||||||||||||
| Total Debt | 2,577.7 | 2,192.5 | 2,175.4 | 2,201.4 | 2,237.7 | 2,289.7 | 2,323.9 | 1,434.3 | 1,190.4 | 1,188.6 | 998.4 | 1,048.3 | 1,048.3 | 1,076.8 | 1,076.8 | 1,226.8 | 1,236.8 | 1,087.8 | 1,764.6 | 1,312.5 | 1,245.9 | 422.3 | 0 | 0 | 0 |
| Net Debt | 1,074.3 | 884.3 | 1,204.1 | 966.6 | 772.7 | 899.8 | 1,092.3 | 187.7 | (293.5) | 37.0 | (133.7) | (6.2) | 222.7 | 244.5 | 93.1 | (316.5) | 200.4 | 354.9 | 708.8 | 343.0 | 753.6 | 148.7 | 0 | 0 | 0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||
| Net Income | 230.9 | 273.0 | (75.5) | 392.5 | 542.5 | 402.7 | 286.5 | 527.1 | 253.6 | 387.7 | 986.4 | 427.3 | 160.2 | 84.3 | 190.6 | 194.4 | (188.2) | 3.1 | 155.0 | 93.0 | 143.5 | 247.0 |
| Depreciation & Amortization | 34.2 | 36.3 | 472.7 | 103.0 | 112.4 | 36.9 | 55.0 | 34.1 | 41.0 | 68.5 | 38.6 | 40.9 | 44.9 | 39.2 | 36.5 | 30.6 | 27.5 | 25.4 | 149.3 | 40.6 | 17.3 | 16.9 |
| Stock-Based Compensation | 0 | 448.5 | 250.6 | 406.2 | 394.1 | 346.9 | 365.8 | 371.4 | 359.4 | 341.8 | 320.5 | 295.8 | 310.0 | 360.8 | 300.3 | 316.2 | 263.7 | (363.0) | 108.3 | 73.0 | 176.8 | 0 |
| Change in Working Capital | (275.0) | 16.3 | (240.9) | (109.3) | (299.5) | (322) | (131.5) | (268.5) | 70.3 | (218.4) | 52.5 | (68.7) | (58.5) | (6.4) | (118.6) | (389.8) | 56.7 | 221.2 | (398.8) | (43.0) | 618.1 | 74.4 |
| Other Non-Cash Items | 547.1 | (34.1) | (242.3) | 0.0 | 23.6 | 64.3 | 77.3 | (4.0) | 6.3 | (10.7) | 42.4 | 25.1 | 54.4 | 4.0 | (18.2) | 9.3 | 108.5 | 650.8 | 74.3 | 78.7 | (54.5) | 87.9 |
| Operating Cash Flow | 537.2 | 742.8 | 164.7 | 834.0 | 866.1 | 575.9 | 678.0 | 699.0 | 1,015.4 | 601.3 | 887.3 | 736.0 | 526.7 | 481.9 | 397.8 | 168.8 | 244.8 | 505.9 | 71.7 | 238.0 | 893.6 | 426.3 |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditure | (31.9) | (45.5) | (28.3) | (49.5) | (39.7) | (64.3) | (42.8) | (49.6) | (27.7) | (38.7) | (26.6) | (22.2) | (61.0) | (89.3) | (46.4) | (13.4) | (11.9) | (18.5) | (14.5) | (8.2) | (7.8) | (19.0) |
| Acquisitions | 0 | (17.5) | (10.5) | 0.6 | 0.6 | 1.3 | 0.5 | 3.4 | 0.8 | (12.7) | 0 | 0 | 0 | 0 | 39.7 | 41.2 | (39.1) | (74.9) | (135.1) | 0 | 0 | 0 |
| Purchases of Investments | 0 | (98.3) | 0 | (1.1) | (1.0) | (1.8) | (2.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (41.2) | (139.6) | (147.3) | (73.2) | 0 | (22.7) | 0 |
| Sales/Maturities of Investments | 3.7 | 100 | 0 | 0.5 | 0.3 | 0.4 | 1.8 | 1.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 424.7 | 93.5 | 88.0 | 14.5 | 0 | 0 | 0 |
| Other Investing Activities | (50.0) | 195.4 | 0.5 | (6.9) | 0.6 | 1.3 | 0.5 | (1.7) | 0 | 13.8 | 0.7 | 2.1 | 6.4 | 4.4 | (38.5) | 0.4 | 0.6 | 0.7 | (14.5) | 0 | 22.7 | 0 |
| Investing Cash Flow | (78.3) | 134.1 | (38.3) | (56.4) | (39.1) | (62.9) | (42.2) | (46.2) | (26.9) | (37.7) | (26.0) | (20.1) | (54.6) | (84.9) | (45.3) | 411.7 | (96.6) | (151.9) | (222.8) | (8.2) | 3.9 | (10.3) |
| Financing Activities | ||||||||||||||||||||||
| Net Debt Issuance | 1.6 | (3.2) | 0 | 0 | 0 | 0 | 236.3 | 235.4 | (7.3) | 193.7 | (114.7) | (2.2) | (87.7) | (2.5) | (134.2) | (12.8) | (3.6) | (482.0) | 450.5 | (32.1) | 482.3 | (1.4) |
| Stock Repurchased | (91.0) | (59.5) | (102.1) | (691.7) | (406.1) | (95.2) | (494.7) | (552.9) | (306.7) | (300.2) | (172.8) | (192.7) | (132.5) | (354.5) | (205.6) | (157.2) | (50.5) | (277.1) | (68.1) | (4.2) | 0 | 0 |
| Dividends Paid | (186.6) | (179.0) | (173.1) | (181.9) | (195.9) | (196.6) | (254.9) | (359.6) | (341.4) | (336.1) | (290.7) | (146.2) | (121.6) | (135.1) | (70.6) | (50.6) | (33.5) | (100.6) | (18.3) | (13.5) | (593.9) | 0 |
| Other Financing Activities | (191.4) | (198.0) | (1,296.1) | (508.4) | 222.9 | (255.5) | 69.3 | (49.0) | (84.9) | (44.3) | (168.7) | (94.3) | (145.2) | (71.1) | (142.0) | (57.3) | (78.0) | (92.4) | (120.9) | (69.4) | (2,467.8) | (468.5) |
| Financing Cash Flow | (467.3) | (439.7) | (1,571.2) | (1,382.0) | 195.8 | (547.4) | (444.1) | (726.1) | (740.4) | (487.0) | (746.8) | (435.4) | (487.1) | (563.2) | (552.4) | (277.9) | (165.6) | (437.0) | 243.3 | 229.9 | (697.7) | (469.9) |
| Cash Position | ||||||||||||||||||||||
| Net Change in Cash | 162.8 | 384.4 | (1,414.4) | (790.6) | 861.2 | 113.3 | 163.7 | (162.9) | 325.1 | 26.7 | 65.5 | 225.1 | (8.7) | (153.6) | (205.9) | 292.4 | 7.6 | (146.1) | 86.4 | 477.2 | 186.6 | (42.1) |
| Cash at Beginning | 1,340.7 | 1,225.0 | 2,639.4 | 3,430.0 | 2,568.8 | 2,455.6 | 2,291.9 | 2,454.8 | 1,158.8 | 1,132.1 | 1,066.6 | 841.5 | 850.2 | 1,003.8 | 1,209.7 | 917.3 | 909.7 | 1,055.8 | 969.5 | 492.3 | 305.8 | 315.8 |
| Cash at End | 1,503.4 | 1,609.4 | 1,225.0 | 2,639.4 | 3,430.0 | 2,568.8 | 2,455.6 | 2,291.9 | 1,483.8 | 1,158.8 | 1,132.1 | 1,066.6 | 841.5 | 850.2 | 1,003.8 | 1,209.7 | 917.3 | 909.7 | 1,055.8 | 969.5 | 492.3 | 273.7 |
| Free Cash Flow | 505.2 | 697.3 | 136.4 | 784.5 | 826.4 | 511.6 | 635.2 | 649.4 | 987.8 | 562.5 | 860.7 | 713.8 | 465.7 | 392.6 | 351.4 | 155.4 | 232.9 | 487.4 | 57.2 | 229.8 | 885.8 | 407.3 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||
| Revenue | 3,186.5 | 3,086.3 | 2,551.1 | 2,825.6 | 3,268.3 | 2,641.1 | 2,651.2 | 2,871.7 | 2,690.7 | 2,378.4 | 2,399.5 | 2,357.7 | 2,060.0 | 1,988.0 | 1,905.0 | 1,982.1 | 1,530.5 | 1,557.2 | 1,917.7 | 1,493.6 | 1,301.4 | 1,094.8 | 0 | 0 | 0 |
| Gross Profit | 1,013.0 | 1,083.1 | 605.1 | 1,169.2 | 1,372.4 | 1,090.4 | 1,087.8 | 1,357.0 | 1,177.8 | 1,037.9 | 1,079.7 | 1,044.1 | 781.5 | 636.9 | 736.1 | 787.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 415.3 | 386.5 | (80.0) | 516.8 | 723.8 | 502.1 | 392.7 | 680.8 | 825.4 | 517.5 | (16.6) | 519.5 | 216.8 | 123.9 | 235.5 | 243.7 | (182.2) | 25.1 | 418.3 | 327.2 | 342.4 | 288.2 | 250.4 | 297.4 | 305.8 |
| Net Income | 236.8 | 279.9 | (75.5) | 357.5 | 528.1 | 402.5 | 286.5 | 527.1 | 253.6 | 387.7 | 986.4 | 427.3 | 160.2 | 84.3 | 174.9 | 175.0 | (130.2) | 3.1 | 155.0 | 93.0 | 143.5 | 247.0 | 250.4 | 297.4 | 305.8 |
| EPS (Diluted) | 2.17 | 2.68 | -0.90 | 3.51 | 4.63 | 3.54 | 2.44 | 4.06 | 1.91 | 2.92 | 7.40 | 3.20 | 1.21 | 0.65 | 1.36 | 1.36 | -1.66 | 0.02 | 2.79 | 2.31 | 3.82 | 6.59 | 6.68 | 7.93 | 8.15 |
| Balance Sheet | |||||||||||||||||||||||||
| Cash & Equivalents | 1,503.4 | 1,308.2 | 971.3 | 1,234.8 | 1,465.0 | 1,389.9 | 1,231.6 | 1,246.5 | 1,483.8 | 1,158.8 | 1,132.1 | 1,066.6 | 841.5 | 850.2 | 1,289.8 | 1,566.2 | 917.3 | 909.7 | 1,055.8 | 969.5 | 492.3 | 273.7 | 0 | 0 | 0 |
| Total Assets | 4,940.7 | 4,794.0 | 4,635.8 | 5,852.6 | 7,147.2 | 5,971.9 | 5,664.4 | 4,997.2 | 4,926.7 | 4,556.5 | 4,486.8 | 3,350.0 | 3,011.1 | 2,986.9 | 3,081.9 | 3,422.5 | 3,143.9 | 2,862.0 | 3,840.4 | 3,208.7 | 1,910.9 | 3,499.2 | 3,257.2 | 2,460.7 | 3,569.4 |
| Total Debt | 2,577.7 | 2,192.5 | 2,175.4 | 2,201.4 | 2,237.7 | 2,289.7 | 2,323.9 | 1,434.3 | 1,190.4 | 1,188.6 | 998.4 | 1,048.3 | 1,048.3 | 1,076.8 | 1,076.8 | 1,226.8 | 1,236.8 | 1,087.8 | 1,764.6 | 1,312.5 | 1,245.9 | 422.3 | 0 | 0 | 0 |
| Stockholders' Equity | 873.7 | 636.2 | 423.8 | 556.5 | 975.2 | 911.8 | 610.0 | 916.9 | 1,201.1 | 1,236.0 | 1,313.5 | 706.2 | 560.2 | 569.7 | 726.1 | 652.4 | 355.4 | 250.6 | 70.3 | (240.4) | (870.7) | 384.8 | 535.7 | 648.9 | 704.7 |
| Cash Flow | |||||||||||||||||||||||||
| Operating Cash Flow | 537.2 | 742.8 | 164.7 | 834.0 | 866.1 | 575.9 | 678.0 | 699.0 | 1,015.4 | 601.3 | 887.3 | 736.0 | 526.7 | 481.9 | 397.8 | 168.8 | 244.8 | 505.9 | 71.7 | 238.0 | 893.6 | 426.3 | |||
| Capital Expenditure | (31.9) | (45.5) | (28.3) | (49.5) | (39.7) | (64.3) | (42.8) | (49.6) | (27.7) | (38.7) | (26.6) | (22.2) | (61.0) | (89.3) | (46.4) | (13.4) | (11.9) | (18.5) | (14.5) | (8.2) | (7.8) | (19.0) | |||
| Free Cash Flow | 505.2 | 697.3 | 136.4 | 784.5 | 826.4 | 511.6 | 635.2 | 649.4 | 987.8 | 562.5 | 860.7 | 713.8 | 465.7 | 392.6 | 351.4 | 155.4 | 232.9 | 487.4 | 57.2 | 229.8 | 885.8 | 407.3 | |||