LECO - Lincoln Electric Holdings, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$304.00
DETAILS
HIGH:
$340.00
LOW:
$250.00
MEDIAN:
$310.00
CONSENSUS:
$304.00
UPSIDE:
20.06%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||
| Revenue | 4,230.7 | 4,008.7 | 4,191.6 | 3,761.2 | 3,234.2 | 2,655.4 | 3,003.3 | 3,028.7 | 2,624.4 | 2,274.6 | 2,535.8 | 2,813.3 | 2,852.7 | 2,853.4 | 2,694.6 | 2,070.2 | 1,729.3 | 2,479.1 | 2,280.8 | 1,971.9 | 1,601.2 | 1,333.7 | 1,040.6 | 994.1 | 978.9 | 1,058.6 | 1,086.2 | 1,186.7 | 1,159.1 | 1,109.1 | 1,032.4 | 906.7 |
| Cost of Revenue | 2,695.0 | 2,530.7 | 2,713.9 | 2,480.5 | 2,165.6 | 1,784.1 | 1,995.7 | 2,000.2 | 1,744.7 | 1,488.1 | 1,671.8 | 1,860.6 | 1,905.9 | 1,985.7 | 1,957.9 | 1,506.4 | 1,273.0 | 1,759.0 | 1,633.2 | 1,419.6 | 1,164.3 | 971.3 | 759.9 | 694.1 | 671.6 | 668.8 | 685.3 | 701.5 | 690 | 657 | 604.9 | 528.3 |
| Gross Profit | 1,535.6 | 1,477.9 | 1,477.7 | 1,280.8 | 1,068.6 | 871.3 | 1,007.6 | 1,028.5 | 879.7 | 786.6 | 864.0 | 952.8 | 946.8 | 867.7 | 736.7 | 563.8 | 456.3 | 720.2 | 647.6 | 552.3 | 436.9 | 362.4 | 280.7 | 300.0 | 307.3 | 389.8 | 400.9 | 485.2 | 469.1 | 452.1 | 427.5 | 378.4 |
| Operating Expenses | ||||||||||||||||||||||||||||||||
| R&D Expenses | 85.5 | 81.8 | 71.2 | 63.2 | 56.0 | 51.4 | 56.8 | 54.2 | 47.9 | 44.7 | 47.2 | 43.3 | 42.1 | 37.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 735.1 | 683.8 | 703.6 | 587.5 | 418.6 | 490.1 | 565.3 | 573.4 | 483.2 | 423.0 | 439.2 | 462.2 | 469.2 | 453.3 | 439.8 | 377.8 | 333.4 | 405.4 | 370.1 | 315.8 | 285.3 | 256.6 | 210.7 | 198.0 | 190.2 | 216.2 | 223.8 | 309.7 | 305.8 | 310.3 | 289.8 | 261.7 |
| Other Expenses | 0 | 75.8 | (15.0) | 17.7 | 132.4 | 47.8 | 14.5 | 25.4 | (28.4) | 35.3 | 195.9 | 73.5 | 28.4 | 0 | 0 | (0.4) | 0 | 0 | 0 | 0 | 1.8 | 2.4 | 1.7 | 10.5 | 0 | 34.7 | 29.1 | 28.1 | 28.4 | 29.5 | 29.7 | 28 |
| Operating Expenses | 820.7 | 841.5 | 759.8 | 668.4 | 606.9 | 589.3 | 636.7 | 653.0 | 502.7 | 502.9 | 682.3 | 579.0 | 539.8 | 497.9 | 440.1 | 377.8 | 333.4 | 424.7 | 370.1 | 315.8 | 287.1 | 259.1 | 212.4 | 208.5 | 190.2 | 250.9 | 252.9 | 337.8 | 334.2 | 339.8 | 319.5 | 289.7 |
| Operating Income | ||||||||||||||||||||||||||||||||
| Operating Income | 715.0 | 636.5 | 717.8 | 612.3 | 461.7 | 282.1 | 370.9 | 375.5 | 377.7 | 288.3 | 181.7 | 373.7 | 407.0 | 362.1 | 296.7 | 186.4 | 93.0 | 295.4 | 277.6 | 233.0 | 149.8 | 103.3 | 68.2 | 91.5 | 117.2 | 138.9 | 148 | 147.4 | 134.9 | 112.3 | 108 | 88.7 |
| Interest Expense | 61.1 | 42.8 | 44.4 | 29.5 | 22.2 | 22.0 | 23.4 | 17.6 | 24.2 | 19.1 | 21.8 | 10.4 | 2.9 | 4.2 | 6.7 | 6.7 | 8.5 | 12.2 | 11.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 6.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.8 | 2.1 | 2.7 | 3.1 | 3.3 | 4.0 | 3.1 | 2.4 | 3.5 | 8.8 | 8.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||
| EBITDA | 835.1 | 800.5 | 789.5 | 708.1 | 675.2 | 410.3 | 466.9 | 473.3 | 416.7 | 384.0 | 441.6 | 516.9 | 504.3 | 442.4 | 370.1 | 251.2 | 152.8 | 368.9 | 351.2 | 282.2 | 193.5 | 103.3 | 68.2 | 91.5 | 153.4 | 173.6 | 177.1 | 175.5 | 163.3 | 141.8 | 137.7 | 116.7 |
| EBIT | 736.6 | 712.3 | 702.8 | 630.0 | 594.1 | 329.9 | 385.4 | 400.9 | 348.6 | 318.9 | 377.6 | 447.3 | 435.4 | 377.1 | 308.0 | 193.8 | 95.3 | 312.0 | 298.6 | 236.4 | 151.6 | 103.3 | 68.2 | 91.5 | 117.2 | 138.9 | 148 | 147.4 | 134.9 | 112.3 | 108 | 88.7 |
| Income Before Tax | 675.5 | 594.1 | 686.9 | 592.8 | 325.0 | 264.0 | 368.5 | 368.7 | 366.2 | 277.4 | 169.8 | 375.8 | 416.4 | 369.6 | 301.3 | 187.1 | 86.5 | 299.8 | 287.2 | 238.2 | 153.9 | 107.8 | 69.2 | 87.9 | 116.0 | 121.7 | 114.2 | 147 | 135.1 | 117.9 | 99.6 | 80.2 |
| Income Tax Expense | 154.9 | 128.0 | 141.6 | 120.6 | 48.4 | 57.9 | 75.4 | 81.7 | 118.8 | 79.0 | 42.4 | 121.9 | 124.8 | 112.4 | 84.3 | 54.9 | 37.9 | 87.5 | 84.4 | 63.2 | 31.6 | 27.2 | 14.7 | 21.1 | 32.5 | 43.6 | 40.3 | 53.3 | 49.7 | 43.6 | 38.1 | 32.2 |
| Net Income | 520.5 | 466.1 | 545.2 | 472.2 | 276.6 | 206.1 | 293.1 | 287.1 | 247.5 | 198.4 | 127.5 | 254.7 | 293.8 | 257.4 | 217.2 | 130.2 | 48.6 | 212.3 | 202.7 | 175.0 | 122.3 | 80.6 | 54.5 | 29.3 | 83.6 | 78.1 | 73.9 | 93.7 | 85.4 | 74.3 | 61.5 | 48 |
| Per Share Data | ||||||||||||||||||||||||||||||||
| EPS (Basic) | 9.39 | 8.23 | 9.51 | 8.14 | 4.66 | 3.46 | 4.73 | 4.42 | 3.76 | 2.94 | 1.72 | 3.22 | 3.58 | 3.10 | 2.60 | 1.54 | 0.57 | 2.49 | 2.37 | 2.06 | 1.47 | 0.98 | 0.66 | 0.35 | 0.99 | 0.92 | 0.82 | 0.96 | 0.87 | 0.75 | 0.66 | 1.10 |
| EPS (Diluted) | 9.32 | 8.15 | 9.37 | 8.04 | 4.60 | 3.42 | 4.68 | 4.37 | 3.71 | 2.91 | 1.70 | 3.18 | 3.54 | 3.06 | 2.56 | 1.53 | 0.57 | 2.47 | 2.34 | 2.04 | 1.45 | 0.97 | 0.66 | 0.34 | 0.98 | 0.92 | 0.81 | 0.96 | 0.87 | 0.75 | 0.66 | 1.10 |
| Shares Outstanding | 55.4 | 56.6 | 57.4 | 58.0 | 59.3 | 59.6 | 62.0 | 64.9 | 65.7 | 67.5 | 74.1 | 79.2 | 82.0 | 83.1 | 83.7 | 84.4 | 84.8 | 85.3 | 85.8 | 85.2 | 83.5 | 82.4 | 82.6 | 84.9 | 84.9 | 85.3 | 90.7 | 97.6 | 98.7 | 99.7 | 93.5 | 43.8 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 308.8 | 377.3 | 393.8 | 197.2 | 193.0 | 257.3 | 199.6 | 358.8 | 326.7 | 379.2 | 304.2 | 278.4 | 299.8 | 286.5 | 361.1 | 366.2 | 388.1 | 284.3 | 217.4 | 120.2 | 108.0 | 92.8 | 170.5 | 176.1 | 23.5 | 11.3 | 8.7 | 39.1 | 46.6 | 40.5 | 10.1 | 10.4 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 179.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50.5 | 5.0 | 4.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 538.8 | 482.0 | 580.6 | 576.8 | 454.4 | 395.6 | 374.6 | 396.9 | 395.3 | 274.0 | 264.7 | 321.9 | 367.1 | 360.7 | 386.2 | 321.9 | 273.7 | 299.2 | 344.1 | 299.0 | 242.1 | 219.5 | 167.6 | 153.6 | 154.1 | 153.3 | 170 | 167.8 | 163.4 | 151.3 | 140.8 | 126 |
| Inventory | 633.4 | 544.0 | 562.9 | 665.5 | 539.9 | 381.3 | 393.7 | 361.8 | 348.7 | 255.4 | 275.9 | 330.8 | 350.0 | 364.9 | 373.2 | 291.7 | 255.7 | 346.9 | 343.8 | 351.1 | 275.7 | 236.3 | 173.7 | 164.7 | 164.5 | 184.2 | 191.6 | 186.3 | 178.6 | 170.7 | 182.9 | 155.3 |
| Other Current Assets | 258.6 | 242.0 | 155.8 | 118.4 | 72.0 | 58.6 | 107.6 | 120.2 | 123.8 | 135.1 | 91.2 | 167.6 | 113.9 | 120.8 | 98.7 | 102.6 | 106.0 | 94.3 | 64.4 | 59.1 | 50.8 | 38.5 | 38.6 | 24.8 | 35.5 | 67.3 | 56.3 | 43.6 | 44.9 | 20.7 | 23.3 | 21.7 |
| Total Current Assets | 1,739.5 | 1,645.3 | 1,693.1 | 1,557.8 | 1,289.6 | 1,112.3 | 1,075.6 | 1,237.8 | 1,373.6 | 1,043.7 | 936.0 | 1,098.7 | 1,130.8 | 1,132.8 | 1,219.3 | 1,082.5 | 1,023.5 | 1,024.7 | 969.6 | 829.4 | 676.6 | 637.6 | 555.4 | 524.0 | 384.3 | 416.1 | 426.6 | 436.8 | 433.5 | 383.2 | 357.1 | 313.4 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 702.8 | 619.2 | 628.6 | 589.7 | 559.7 | 565.7 | 529.3 | 478.8 | 477.0 | 372.4 | 411.3 | 437.2 | 484.0 | 486.2 | 470.5 | 478.6 | 460.1 | 427.9 | 429.9 | 389.5 | 340.5 | 316.1 | 282.3 | 271.9 | 271.0 | 269.0 | 270.8 | 259.8 | 202 | 201.2 | 205.6 | 184.2 |
| Goodwill | 886.7 | 804.9 | 694.5 | 665.3 | 430.2 | 335.6 | 337.1 | 281.3 | 234.6 | 231.9 | 187.5 | 179.5 | 174.7 | 132.9 | 65.1 | 46.0 | 39.6 | 36.2 | 42.7 | 35.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 250.4 | 221.0 | 186.7 | 202.7 | 149.4 | 134.5 | 177.8 | 147.9 | 127.5 | 130.1 | 120.7 | 132.4 | 147.0 | 132.9 | 94.5 | 81.3 | 81.8 | 65.3 | 51.2 | 41.5 | 64.8 | 28.5 | 16.9 | 16.8 | 40.4 | 41.2 | 33.3 | 35.7 | 34.8 | 37.4 | 39.2 | 39.2 |
| Long-Term Investments | 0 | 0 | 21.8 | 19.3 | 7.0 | 4.9 | (529.2) | (449.6) | (378.0) | (370.4) | 59.3 | 58.6 | 59.4 | 55.8 | 54.8 | 52.7 | 52.0 | 92.2 | (36.9) | (27.1) | (17.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 151.1 | 152.1 | 107.5 | 123.0 | 138.1 | 144.6 | 766.3 | 633.2 | 555.9 | 527.3 | 60.6 | 29.9 | 152.4 | 104.6 | 15.1 | 20.6 | 22.1 | 25.1 | 151.8 | 98.9 | 79.2 | 75.9 | 66.9 | 70.7 | 85.6 | 64.0 | 44.7 | 50.6 | 41.9 | 25.4 | 15.9 | 20.1 |
| Total Non-Current Assets | 2,038.1 | 1,874.9 | 1,684.2 | 1,622.8 | 1,302.7 | 1,202.1 | 1,295.6 | 1,112.0 | 1,032.9 | 899.7 | 848.2 | 840.5 | 1,021.1 | 957.0 | 757.5 | 701.3 | 681.7 | 694.1 | 675.6 | 565.2 | 484.5 | 421.6 | 373.5 | 377.2 | 397.0 | 374.2 | 348.8 | 346.1 | 278.7 | 264 | 260.7 | 243.5 |
| Total Assets | 3,777.6 | 3,520.1 | 3,377.3 | 3,180.5 | 2,592.3 | 2,314.5 | 2,371.2 | 2,349.8 | 2,406.5 | 1,943.4 | 1,784.2 | 1,939.2 | 2,151.9 | 2,089.9 | 1,976.8 | 1,783.8 | 1,705.3 | 1,718.8 | 1,645.3 | 1,394.6 | 1,161.2 | 1,059.2 | 928.9 | 901.3 | 781.3 | 790.3 | 775.4 | 782.9 | 712.2 | 647.2 | 617.8 | 556.9 |
| Current Liabilities | ||||||||||||||||||||||||||||||||
| Account Payables | 364.9 | 296.6 | 325.4 | 352.1 | 330.2 | 256.5 | 273.0 | 268.6 | 269.8 | 176.8 | 152.6 | 202.5 | 212.8 | 209.6 | 176.3 | 147.1 | 100.1 | 124.4 | 152.3 | 142.3 | 121.9 | 111.2 | 77.3 | 63.9 | 67.6 | 62.7 | 64.5 | 60.5 | 52.5 | 58.2 | 53.9 | 54.8 |
| Short-Term Debt | 143.8 | 110.5 | 2.4 | 103.9 | 62.9 | 14.2 | 35.0 | 0.1 | 2.1 | 1.9 | 4.3 | 68.2 | 15.3 | 18.7 | 101.4 | 13.1 | 35.9 | 50.7 | 0.9 | 47.1 | 8.2 | 3.4 | 4.3 | 14.4 | 26.6 | 55.1 | 27.9 | 13.9 | 11.9 | 13.1 | 29.8 | 18.1 |
| Deferred Revenue | 0 | 0 | 0 | 113.5 | 112.5 | 36.3 | (308.0) | 17.0 | 19.7 | 21.2 | 16.1 | 26.5 | 24.3 | 26.3 | (176.3) | (147.1) | 102.8 | 0 | 90.8 | 106.7 | 86.9 | 74.2 | 71.8 | 51.4 | 43.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 448.0 | 458.6 | 300.4 | 171.1 | 138.4 | 143.9 | 462.9 | 158.2 | 237.2 | 120.8 | 80.9 | 127.9 | 80.0 | 94.1 | 105.3 | 100.6 | 100.1 | 117.6 | 93.3 | 66.8 | 55.9 | 54.4 | 59.6 | 62.0 | 60.3 | 130.5 | 124 | 120.7 | 120.1 | 98.2 | 84.9 | 71.2 |
| Total Current Liabilities | 956.7 | 878.8 | 754.6 | 852.9 | 755.9 | 549.4 | 563.1 | 538.2 | 528.7 | 388.1 | 370.1 | 492.4 | 456.8 | 440.3 | 471.0 | 335.6 | 298.0 | 356.6 | 311.9 | 338.3 | 293.6 | 263.0 | 213.1 | 191.6 | 200.8 | 248.3 | 216.4 | 195.1 | 184.5 | 169.5 | 168.6 | 144.1 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||
| Long-Term Debt | 1,147.5 | 1,150.6 | 1,102.8 | 1,110.4 | 717.1 | 715.5 | 712.3 | 702.5 | 704.1 | 703.7 | 350.3 | 2.5 | 3.8 | 1.6 | 2.0 | 84.6 | 87.8 | 91.5 | 117.3 | 114.0 | 157.9 | 163.9 | 169.0 | 174.1 | 24.2 | 38.5 | 47.2 | 46.8 | 54.4 | 64.1 | 93.6 | 194.8 |
| Deferred Tax Liabilities | 52.1 | 10.5 | 13.1 | 17.0 | 56.7 | 46.7 | 64.3 | 46.0 | 40.7 | 41.6 | 46.7 | 40.8 | 48.1 | 8.3 | 17.6 | 19.8 | 16.7 | 8.6 | 36.9 | 27.1 | 17.8 | 18.2 | 21.8 | 1.1 | 31.8 | 29.0 | 28.8 | 23.2 | 11 | 3.6 | 7.1 | 6.6 |
| Other Non-Current Liabilities | 151.4 | 110.8 | 156.3 | 130.2 | 159.7 | 178.6 | 109.1 | 175.5 | 200.5 | 97.8 | 84.6 | 117.8 | 112.4 | 281.3 | 292.9 | 194.3 | 40.7 | 266.8 | 92.0 | 62.3 | 39.6 | 36.7 | 46.4 | 105.3 | 25.9 | 27.1 | 31.5 | 26.9 | 25.1 | 18.2 | 13.1 | 10.5 |
| Total Non-Current Liabilities | 1,351.1 | 1,313.9 | 1,313.8 | 1,293.6 | 972.5 | 974.8 | 989.0 | 924.1 | 945.4 | 843.1 | 481.6 | 161.0 | 164.4 | 291.3 | 312.5 | 298.7 | 321.6 | 366.9 | 246.2 | 203.3 | 215.2 | 218.9 | 237.3 | 280.5 | 81.8 | 94.6 | 107.5 | 96.9 | 90.5 | 85.9 | 113.8 | 211.9 |
| Total Liabilities | 2,307.8 | 2,192.7 | 2,068.4 | 2,146.5 | 1,728.4 | 1,524.2 | 1,552.1 | 1,462.2 | 1,474.1 | 1,231.2 | 851.7 | 653.4 | 621.2 | 731.5 | 783.5 | 634.3 | 619.6 | 723.5 | 558.1 | 541.6 | 508.9 | 481.9 | 450.4 | 472.1 | 282.6 | 343.0 | 323.9 | 292 | 275 | 255.4 | 282.4 | 356 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||
| Common Stock | 9.9 | 9.9 | 9.9 | 9.9 | 9.9 | 9.9 | 9.9 | 9.9 | 9.9 | 9.9 | 9.9 | 9.9 | 9.9 | 9.9 | 9.9 | 4.9 | 4.9 | 4.9 | 4.9 | 4.9 | 4.9 | 4.9 | 4.9 | 4.9 | 4.9 | 4.9 | 4.9 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 4,342.1 | 3,993.0 | 3,688.0 | 3,306.5 | 2,970.3 | 2,821.4 | 2,736.5 | 2,564.4 | 2,388.2 | 2,236.1 | 2,125.8 | 2,086.2 | 1,908.5 | 1,682.7 | 1,484.4 | 1,320.6 | 1,239.0 | 1,236.8 | 1,068.1 | 906.1 | 764.7 | 673.0 | 623.9 | 597.5 | 594.7 | 537.3 | 483.5 | 432.3 | 359.6 | 290.3 | 228.6 | 177 |
| Accumulated Other Comprehensive Income | (205.9) | (300.1) | (229.8) | (275.3) | (257.4) | (302.2) | (275.9) | (293.7) | (247.2) | (329.0) | (296.3) | (288.6) | (151.9) | (235.4) | (247.9) | (141.9) | (149.4) | (218.2) | 15.8 | (54.7) | (91.3) | (58.7) | (77.3) | (132.3) | (66.7) | (60.0) | (43.5) | (291.5) | (269.9) | (260.8) | (285) | (260.3) |
| Total Stockholders' Equity | 1,469.8 | 1,327.4 | 1,308.9 | 1,034.1 | 864.1 | 789.3 | 819.1 | 887.6 | 932.5 | 712.2 | 932.4 | 1,285.8 | 1,530.7 | 1,358.3 | 1,193.2 | 1,149.5 | 1,072.3 | 995.3 | 1,087.2 | 853.0 | 652.3 | 577.3 | 478.5 | 429.2 | 498.7 | 447.3 | 451.5 | 490.9 | 437.2 | 391.8 | 329.9 | 194.1 |
| Total Liabilities & Equity | 3,777.6 | 3,520.1 | 3,377.3 | 3,180.5 | 2,592.3 | 2,314.5 | 2,371.2 | 2,349.8 | 2,406.5 | 1,943.4 | 1,784.2 | 1,939.2 | 2,151.9 | 2,089.9 | 1,976.8 | 1,783.8 | 1,705.3 | 1,718.8 | 1,645.3 | 1,394.6 | 1,161.2 | 1,059.2 | 928.9 | 901.3 | 781.3 | 790.3 | 775.4 | 782.9 | 712.2 | 647.2 | 617.8 | 556.9 |
| Debt Metrics | ||||||||||||||||||||||||||||||||
| Total Debt | 1,291.3 | 1,316.3 | 1,159.9 | 1,250.2 | 819.0 | 763.7 | 799.9 | 0.1 | 2.1 | 1.9 | 4.3 | 68.2 | 15.3 | 18.7 | 103.4 | 97.7 | 123.7 | 142.2 | 118.2 | 161.1 | 166.0 | 167.4 | 173.4 | 188.5 | 50.8 | 93.7 | 75.1 | 60.7 | 66.3 | 77.2 | 123.4 | 212.9 |
| Net Debt | 982.5 | 939.0 | 766.1 | 1,053.1 | 626.0 | 506.4 | 600.4 | (358.7) | (324.6) | (377.3) | (299.9) | (210.2) | (284.5) | (267.8) | (257.7) | (268.5) | (264.4) | (142.1) | (99.1) | 40.9 | 58.0 | 74.6 | 2.8 | 12.4 | 27.3 | 82.4 | 66.4 | 21.6 | 19.7 | 36.7 | 113.3 | 202.5 |
| 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 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||
| Net Income | 520.5 | 466.1 | 545.2 | 472.2 | 276.6 | 206.1 | 293.1 | 287.1 | 247.5 | 198.4 | 127.5 | 254.7 | 293.8 | 257.4 | 217.0 | 130.2 | 48.6 | 212.3 | 202.7 | 175.0 | 122.3 | 80.6 | 54.5 | 29.3 | 83.6 | 78.1 | 73.9 | 93.7 | 85.4 | 74.3 | 61.5 | 48 |
| Depreciation & Amortization | 98.5 | 88.2 | 86.7 | 78.1 | 81.1 | 80.5 | 81.5 | 72.3 | 68.1 | 65.1 | 64.0 | 69.6 | 68.9 | 65.3 | 62.1 | 57.4 | 56.6 | 56.9 | 51.5 | 45.7 | 41.9 | 42.3 | 37.6 | 37.0 | 36.2 | 34.7 | 29.1 | 28.1 | 28.4 | 29.5 | 29.7 | 28 |
| Stock-Based Compensation | 20.3 | 24.1 | 26.2 | 25.3 | 23.8 | 15.4 | 16.6 | 18.6 | 12.7 | 10.3 | 7.9 | 8.4 | 9.7 | 9.0 | 6.6 | 8.2 | 5.4 | 4.7 | 4.7 | 0 | 3.5 | 4.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (65.5) | 43.0 | 79.2 | (164.0) | (95.9) | 40.9 | 12.7 | (33.7) | 18.5 | 17.9 | 51.3 | 29.8 | 3.0 | (37.5) | (128.2) | (57.6) | 110.0 | (24.5) | 2.5 | (100.9) | (53.1) | (84.2) | (8.5) | (20.3) | (13.4) | 10.8 | (54.1) | (8.2) | (28) | 13.9 | (32) | (43) |
| Other Non-Cash Items | 4.5 | 17.9 | (48.9) | 20.1 | 108.0 | 11.5 | (13.7) | (15.5) | (40.6) | 21.5 | 115.9 | 21.3 | (54.3) | 35.5 | 20.9 | 14.3 | 36.8 | 0.6 | (7.9) | 5.5 | 4.3 | (1.0) | (1.2) | 48.6 | (0.1) | (0.5) | 31.3 | (1.4) | 1.9 | 2.2 | 2.3 | 2.1 |
| Operating Cash Flow | 661.2 | 599.0 | 667.5 | 383.4 | 365.1 | 351.4 | 403.2 | 329.2 | 334.8 | 303.4 | 310.9 | 401.7 | 338.9 | 327.5 | 193.5 | 157.0 | 250.3 | 257.4 | 249.8 | 118.7 | 117.0 | 51.3 | 95.7 | 103.6 | 120.2 | 120.8 | 81.1 | 122.1 | 88.9 | 107.8 | 65.5 | 68.7 |
| Investing Activities | ||||||||||||||||||||||||||||||||
| Capital Expenditure | (127.0) | (116.6) | (91.0) | (71.9) | (62.5) | (59.2) | (69.6) | (71.2) | (61.7) | (49.9) | (50.5) | (73.0) | (76.0) | (52.7) | (65.8) | (60.6) | (38.2) | (72.4) | (61.6) | (76.0) | (50.4) | (56.4) | (34.8) | (27.9) | (36.7) | (34.8) | (63.3) | (92.2) | (37.3) | (39.8) | (48.4) | (37.4) |
| Acquisitions | (137.5) | (252.7) | (32.7) | (436.3) | (156.1) | 7.7 | (134.7) | (101.8) | (72.5) | (71.6) | (37.1) | (24.2) | (53.2) | (134.6) | (66.2) | (18.9) | (25.4) | (44.0) | (18.8) | (25.5) | (78.2) | (11.8) | (3.7) | (8.0) | (4.0) | (18.9) | 0 | 4.6 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (268.3) | (195.6) | (38.9) | 0 | 0 | 0 | 0 | 0 | 0 | (0.5) | 0 | 0 | 0 | (15) | 6.1 | 0 | (5.0) | 0 | 0 | (1.7) | (0.9) | (66.3) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 447.5 | 55.3 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 | 38.2 | 0 | 0 | 0 | 70.4 | 6.1 | 0 | 2.1 | 0 | 0.0 | 1.9 | 10.9 | 44.4 | 0 | 0 | 0 |
| Other Investing Activities | 7.2 | 8.1 | 48.9 | 3.5 | 13.3 | 2.3 | 11.5 | 14.8 | 2.3 | (0.7) | 2.2 | 18.2 | (0.3) | (0.2) | 1.2 | 10.0 | (37.6) | 0.7 | 0.7 | 11.8 | 3.7 | (2.5) | 2.9 | 0.4 | 4.7 | 1.6 | 36.4 | (0.1) | 0.9 | 22.4 | 3 | 5.1 |
| Investing Cash Flow | (257.3) | (361.2) | (74.7) | (504.7) | (205.4) | (49.2) | (192.8) | 20.8 | (272.0) | (159.9) | (85.4) | (79.0) | (129.5) | (187.5) | (130.8) | (69.4) | (63.6) | (115.8) | (79.7) | (89.7) | (69.5) | (58.5) | (35.6) | (38.5) | (36.0) | (52.1) | (26.7) | (77.7) | (58.3) | (17.4) | (45.4) | (32.3) |
| Financing Activities | ||||||||||||||||||||||||||||||||
| Net Debt Issuance | 33.1 | 157.8 | (88.0) | 439.8 | 46.0 | (31.8) | 24.3 | (0.9) | (0.5) | 351.3 | 316.6 | 53.3 | (1.8) | (89.3) | 7.9 | (27.2) | (43.8) | 6.4 | (37.3) | (4.2) | (6.5) | (5.4) | (18.0) | 122.2 | (46.4) | 1.4 | 14.2 | (11.1) | (10.7) | (20.3) | (92.9) | 2.1 |
| Stock Repurchased | (338.3) | (263.8) | (198.8) | (181.3) | (164.5) | (113.5) | (292.7) | (201.7) | (43.2) | (342.0) | (399.5) | (307.2) | (167.9) | (81.0) | (37.0) | (39.7) | (0.3) | (42.3) | (15.5) | (0.1) | (12.8) | (4.4) | (42.0) | (11.6) | (0.5) | (41.6) | (75.6) | (22.7) | 0 | (27.4) | 0 | (416.2) |
| Dividends Paid | (168.2) | (162.1) | (148.0) | (130.7) | (121.9) | (118.1) | (117.9) | (102.1) | (92.5) | (87.3) | (87.0) | (73.3) | (49.3) | (73.1) | (51.9) | (47.4) | (45.8) | (42.8) | (37.7) | (32.3) | (30.0) | (27.5) | (26.7) | (25.4) | (25.4) | (24.0) | (22.1) | (19.6) | (14.1) | (11.9) | (9.1) | (8.1) |
| Other Financing Activities | 0 | (3.9) | 0 | (0.4) | (0.8) | 0 | 0 | (2.2) | (15.6) | (9.9) | (6.0) | 3.6 | 4.5 | 7.8 | 6.3 | 1.2 | 0.2 | 3.7 | 4.3 | 5.2 | 0 | 0 | 10.7 | 0 | (0.0) | (0.4) | (0.6) | 0.2 | 0 | (1.2) | 0.6 | 0.8 |
| Financing Cash Flow | (461.9) | (244.6) | (412.4) | 133.7 | (221.9) | (246.1) | (371.9) | (302.1) | (135.0) | (62.9) | (169.9) | (314.4) | (194.2) | (216.8) | (63.4) | (109.5) | (89.1) | (67.7) | (77.6) | (17.7) | (28.1) | (16.9) | (69.3) | 88.5 | (72.3) | (64.7) | (84.1) | (53.2) | (24.8) | (60.8) | (20.2) | (47.3) |
| Cash Position | ||||||||||||||||||||||||||||||||
| Net Change in Cash | (68.5) | (16.5) | 196.6 | 4.2 | (64.3) | 57.7 | (159.3) | 32.1 | (52.5) | 75.0 | 25.8 | (21.4) | 13.4 | (74.6) | (5.1) | (21.9) | 103.8 | 67.0 | 97.2 | 12.2 | 15.2 | (21.1) | (5.6) | 152.6 | 12.2 | 2.6 | (30.4) | (7.4) | 6.1 | 30.4 | (0.2) | (9.9) |
| Cash at Beginning | 377.3 | 393.8 | 197.2 | 193.0 | 257.3 | 199.6 | 358.8 | 326.7 | 379.2 | 304.2 | 278.4 | 299.8 | 286.5 | 361.1 | 366.2 | 388.1 | 284.3 | 217.4 | 120.2 | 108.0 | 92.8 | 113.9 | 176.1 | 23.5 | 11.3 | 8.7 | 39.1 | 46.6 | 40.5 | 10.1 | 10.4 | 20.4 |
| Cash at End | 308.8 | 377.3 | 393.8 | 197.2 | 193.0 | 257.3 | 199.6 | 358.8 | 326.7 | 379.2 | 304.2 | 278.4 | 299.8 | 286.5 | 361.1 | 366.2 | 388.1 | 284.3 | 217.4 | 120.2 | 108.0 | 92.8 | 170.5 | 176.1 | 23.5 | 11.3 | 8.7 | 39.2 | 46.6 | 40.5 | 10.2 | 10.5 |
| Free Cash Flow | 534.2 | 482.4 | 576.6 | 311.5 | 302.5 | 292.2 | 333.6 | 257.9 | 273.2 | 253.5 | 260.4 | 328.7 | 262.9 | 274.8 | 127.7 | 96.4 | 212.1 | 185.0 | 188.2 | 42.7 | 66.6 | (5.2) | 60.8 | 75.7 | 83.5 | 86.0 | 17.8 | 29.9 | 51.6 | 68 | 17.1 | 31.3 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||
| Revenue | 4,230.7 | 4,008.7 | 4,191.6 | 3,761.2 | 3,234.2 | 2,655.4 | 3,003.3 | 3,028.7 | 2,624.4 | 2,274.6 | 2,535.8 | 2,813.3 | 2,852.7 | 2,853.4 | 2,694.6 | 2,070.2 | 1,729.3 | 2,479.1 | 2,280.8 | 1,971.9 | 1,601.2 | 1,333.7 | 1,040.6 | 994.1 | 978.9 | 1,058.6 | 1,086.2 | 1,186.7 | 1,159.1 | 1,109.1 | 1,032.4 | 906.7 |
| Gross Profit | 1,535.6 | 1,477.9 | 1,477.7 | 1,280.8 | 1,068.6 | 871.3 | 1,007.6 | 1,028.5 | 879.7 | 786.6 | 864.0 | 952.8 | 946.8 | 867.7 | 736.7 | 563.8 | 456.3 | 720.2 | 647.6 | 552.3 | 436.9 | 362.4 | 280.7 | 300.0 | 307.3 | 389.8 | 400.9 | 485.2 | 469.1 | 452.1 | 427.5 | 378.4 |
| Operating Income | 715.0 | 636.5 | 717.8 | 612.3 | 461.7 | 282.1 | 370.9 | 375.5 | 377.7 | 288.3 | 181.7 | 373.7 | 407.0 | 362.1 | 296.7 | 186.4 | 93.0 | 295.4 | 277.6 | 233.0 | 149.8 | 103.3 | 68.2 | 91.5 | 117.2 | 138.9 | 148 | 147.4 | 134.9 | 112.3 | 108 | 88.7 |
| Net Income | 520.5 | 466.1 | 545.2 | 472.2 | 276.6 | 206.1 | 293.1 | 287.1 | 247.5 | 198.4 | 127.5 | 254.7 | 293.8 | 257.4 | 217.2 | 130.2 | 48.6 | 212.3 | 202.7 | 175.0 | 122.3 | 80.6 | 54.5 | 29.3 | 83.6 | 78.1 | 73.9 | 93.7 | 85.4 | 74.3 | 61.5 | 48 |
| EPS (Diluted) | 9.32 | 8.15 | 9.37 | 8.04 | 4.60 | 3.42 | 4.68 | 4.37 | 3.71 | 2.91 | 1.70 | 3.18 | 3.54 | 3.06 | 2.56 | 1.53 | 0.57 | 2.47 | 2.34 | 2.04 | 1.45 | 0.97 | 0.66 | 0.34 | 0.98 | 0.92 | 0.81 | 0.96 | 0.87 | 0.75 | 0.66 | 1.10 |
| Balance Sheet | ||||||||||||||||||||||||||||||||
| Cash & Equivalents | 308.8 | 377.3 | 393.8 | 197.2 | 193.0 | 257.3 | 199.6 | 358.8 | 326.7 | 379.2 | 304.2 | 278.4 | 299.8 | 286.5 | 361.1 | 366.2 | 388.1 | 284.3 | 217.4 | 120.2 | 108.0 | 92.8 | 170.5 | 176.1 | 23.5 | 11.3 | 8.7 | 39.1 | 46.6 | 40.5 | 10.1 | 10.4 |
| Total Assets | 3,777.6 | 3,520.1 | 3,377.3 | 3,180.5 | 2,592.3 | 2,314.5 | 2,371.2 | 2,349.8 | 2,406.5 | 1,943.4 | 1,784.2 | 1,939.2 | 2,151.9 | 2,089.9 | 1,976.8 | 1,783.8 | 1,705.3 | 1,718.8 | 1,645.3 | 1,394.6 | 1,161.2 | 1,059.2 | 928.9 | 901.3 | 781.3 | 790.3 | 775.4 | 782.9 | 712.2 | 647.2 | 617.8 | 556.9 |
| Total Debt | 1,291.3 | 1,316.3 | 1,159.9 | 1,250.2 | 819.0 | 763.7 | 799.9 | 0.1 | 2.1 | 1.9 | 4.3 | 68.2 | 15.3 | 18.7 | 103.4 | 97.7 | 123.7 | 142.2 | 118.2 | 161.1 | 166.0 | 167.4 | 173.4 | 188.5 | 50.8 | 93.7 | 75.1 | 60.7 | 66.3 | 77.2 | 123.4 | 212.9 |
| Stockholders' Equity | 1,469.8 | 1,327.4 | 1,308.9 | 1,034.1 | 864.1 | 789.3 | 819.1 | 887.6 | 932.5 | 712.2 | 932.4 | 1,285.8 | 1,530.7 | 1,358.3 | 1,193.2 | 1,149.5 | 1,072.3 | 995.3 | 1,087.2 | 853.0 | 652.3 | 577.3 | 478.5 | 429.2 | 498.7 | 447.3 | 451.5 | 490.9 | 437.2 | 391.8 | 329.9 | 194.1 |
| Cash Flow | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | 661.2 | 599.0 | 667.5 | 383.4 | 365.1 | 351.4 | 403.2 | 329.2 | 334.8 | 303.4 | 310.9 | 401.7 | 338.9 | 327.5 | 193.5 | 157.0 | 250.3 | 257.4 | 249.8 | 118.7 | 117.0 | 51.3 | 95.7 | 103.6 | 120.2 | 120.8 | 81.1 | 122.1 | 88.9 | 107.8 | 65.5 | 68.7 |
| Capital Expenditure | (127.0) | (116.6) | (91.0) | (71.9) | (62.5) | (59.2) | (69.6) | (71.2) | (61.7) | (49.9) | (50.5) | (73.0) | (76.0) | (52.7) | (65.8) | (60.6) | (38.2) | (72.4) | (61.6) | (76.0) | (50.4) | (56.4) | (34.8) | (27.9) | (36.7) | (34.8) | (63.3) | (92.2) | (37.3) | (39.8) | (48.4) | (37.4) |
| Free Cash Flow | 534.2 | 482.4 | 576.6 | 311.5 | 302.5 | 292.2 | 333.6 | 257.9 | 273.2 | 253.5 | 260.4 | 328.7 | 262.9 | 274.8 | 127.7 | 96.4 | 212.1 | 185.0 | 188.2 | 42.7 | 66.6 | (5.2) | 60.8 | 75.7 | 83.5 | 86.0 | 17.8 | 29.9 | 51.6 | 68 | 17.1 | 31.3 |