Louisiana-Pacific Corporation logo LPX - Louisiana-Pacific Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 12
HOLD 8
SELL 4
STRONG
SELL
0
| PRICE TARGET: $98.50 DETAILS
HIGH: $107.00
LOW: $90.00
MEDIAN: $98.50
CONSENSUS: $98.50
UPSIDE: 39.70%
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 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 574 567 663 755 724 680 722 814 724 658 728 611 584 705 852 1,130 1,167 835 1,018 1,168 894 860 795 548 585 537 603 588 582 589.1 736.8 810.8 691.3 710.6 718.3 694.1 610.9 550 596.4 582.4 504.6 462.9 464.9 493 471.7 453.5 518.1 518.5 444.7 479.7 507.4 572.6 537.5 458.7 467.8 427.8 361.5 312.2 350.6 362.4 331.7 317.4 322.5 447.1 296.6 275.1 308.8 266.2 204.6 250.2 389.6 387 349.4 376.6 472.5 461.2 406 369.6 534.5 652.7 678.3 624.2 621.3 692 680 588.3 740.5 825.3 695.3 733.8 478.5 440.6 448.9 515.9 649.8 558.5 725.4 652.4 778.1 776.9
Cost of Revenue 459 482 534 577 526 519 530 551 511 498 514 492 483 577 620 611 547 529 513 483 427 509 503 431 477 467 529 510 501 495.3 524 550.2 514.5 461.9 479.3 485.7 455 422.8 442.6 443.1 415.5 395.3 416.2 443.4 427.8 430.9 477 461.5 388.4 415.3 416.3 422.7 392.6 360.6 369.3 359.9 313.3 290.9 322 336.3 295 282.5 291.1 346.3 268 265.4 271.4 253.3 204.4 274.8 382.2 375 372.8 391.7 446.6 437.6 403.7 366.7 468.9 505.7 485.5 448.7 445.6 463.5 444.8 455.6 462.3 447.2 383.3 414 376.9 380.1 354.3 491.1 540.7 549.2 694 544.5 566.7 547.7
Gross Profit 115 85 129 178 198 161 192 263 213 160 214 119 101 128 232 519 620 306 505 684 467 351 292 117 108 70 74 78 81 93.8 212.8 260.6 176.8 248.7 239 208.4 155.9 127.2 153.8 139.3 89.1 67.6 48.7 49.6 43.9 22.6 41.1 57 56.3 64.4 91.1 149.9 144.9 98.1 98.5 67.9 48.2 21.3 28.6 26.1 36.7 34.9 31.4 100.8 28.6 9.7 37.4 12.9 0.2 (24.6) 7.4 12 (23.4) (15.1) 25.9 23.6 2.3 2.9 65.6 147 192.8 175.5 175.7 228.5 235.2 132.7 278.2 378.1 312 319.8 101.6 60.5 94.6 24.8 109.1 9.3 31.4 107.9 211.4 229.2
Operating Expenses
R&D Expenses 0 0 1 0 0 1 0 0 0 8 0 0 0 0 0 0 0 0 0 0 0 1 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 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 78 79 95 79 0 76 0 71 0 66 58 66 72 68 68 0 62 69 58 53 0 54 52 50 55 58 58 58 57 57.4 51.2 50.1 50.6 45.6 49.2 47 48.6 47.8 47 46.5 42.3 37.9 38.3 37.9 38.7 40.8 31.9 35.9 40.9 46.6 33.5 35.5 35.4 36.8 30.6 30.7 31.3 28.3 26.5 27.6 28.8 34.7 25.4 29 29.7 31.9 26.1 29.1 27.3 48.6 38.2 39.1 40.1 23.8 36.7 38.3 41.1 47.2 36.7 40.8 42 40.8 36.8 37.5 39.3 16.8 55.1 42.3 42.9 63.4 39.9 69.8 38.4 34.5 48.7 43.6 57.5 57.1 67.6 64.4
Other Expenses 0 0 15 19 78 9 76 (2) 68 (3) (5) 45 (1) 1 (8) 57 2 10 (1) (2) 43 (1) (2) 14 9 85 (1) (2) 2 0.4 (1.1) (1.1) 0 0.2 0.3 0.2 0.3 (3.4) 0.3 0.1 27.9 0.2 (0.6) (0.1) (2.2) (1.3) (0.2) 0.2 0.1 (2.3) 0.2 26.2 (0.7) 19.6 0.8 17.9 19.1 17.7 19.6 22.7 26.9 20.5 18.7 22.4 20.4 27.1 20.6 17 15.3 293 36.8 97 22.2 47.9 74.9 7.9 34.8 30.7 33.7 32.5 34.5 42.5 34.7 31.7 33 72.7 42.6 34.8 42.9 (48.9) 28.3 34 27.4 118.1 56.6 65.8 51.4 63.5 59.3 61.3
Operating Expenses 78 79 111 98 78 86 76 69 68 71 53 111 71 69 60 57 64 79 57 51 43 54 50 64 64 143 61 55 59 66.4 44.9 45.6 50.2 81.1 79.4 78.6 82.6 80.6 76.6 86.4 70.2 65.6 65.2 63.2 77 70.5 59.3 61.4 66.5 85.8 43.2 61.7 55.7 50.7 50.7 48.6 50.4 46 46.1 50.3 55.7 55.2 44.1 51.4 50.1 59 46.7 46.1 42.6 341.6 75 136.1 62.3 71.7 111.6 46.2 75.9 77.9 70.4 73.3 76.5 83.3 71.5 69.2 72.3 89.5 97.7 77.1 85.8 14.5 68.2 103.8 65.8 152.6 105.3 109.4 108.9 120.6 126.9 125.7
Operating Income
Operating Income 37 6 18 80 120 75 116 194 145 89 161 8 30 59 172 462 556 227 448 634 424 297 242 53 44 (73) 8 23 22 16.3 167.6 215 127.2 159 158.9 132.9 72.7 56 76.9 52.2 18.9 1.4 (17.4) (14.1) (33.2) (48.9) (14.6) (3.9) (10.2) (22) 47.6 88.9 89.2 47 43.5 19 (2.1) (25.6) (72.7) (23.6) (18.2) (17.9) (15.9) 48.9 (22.7) (50.5) (8.1) (32.2) (42.5) (366.2) (67.6) (124.1) (85.7) (86.8) (85.7) (22.6) (73.6) (75) (4.8) 73.7 116.3 92.2 104.2 159.3 162.9 43.2 180.5 301 226.2 305.3 33.4 (43.3) 28.8 (127.8) 3.8 (100.1) (77.5) (12.7) 84.5 103.5
Interest Expense (4) 5 4 4 3 1 4 4 4 5 4 3 3 2 3 3 3 2 4 4 5 2 5 6 5 4 6 5 3.8 3.1 4 0 4.2 1.2 4.9 4.9 5 5.8 9 9 7.7 8.1 8.1 7 7.5 6.4 7.4 5.7 7.4 8 5.9 0 10.6 12.9 10.4 13.1 12 14.3 13.5 14.4 14 11 15.3 17.7 16.8 18.3 20.4 21.1 11.8 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
Interest Income 0 4 5 0 0 21 0 0 0 8 0 0 0 6 0 0 0 1 0 0 0 1 0 1 0 0 2 2 4.7 4.8 5 4.7 3.5 0 2.9 2.3 2 0 2.5 2 1.8 0 0.5 1 1.4 0 0 0 1.8 0 0 6.7 0 0 (0.3) 0 3.2 0 (0.7) 3.5 3.5 (3.1) 0 0 0 (20.1) 7.4 7.5 5.2 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
Profitability
EBITDA 75 44 57 112 158 114 148 236 175 122 194 31 54 10 207 484 579 264 476 662 452 329 270 84 75 (42) 46 51 69 49 201.6 215 154 195.8 191.7 162.7 106.6 73.4 106.8 81.4 46.8 26.6 9.4 11.7 (7.6) (29.3) 11.6 20.6 15.4 0.7 56.4 108.6 107.2 87.4 65.9 (15.2) 21.1 (91.5) (41.1) (4) 8.3 (2.9) 6 75.5 5.1 (109.2) 22.8 (5.9) (15) (346.2) (40.6) (97.3) (59.1) (61.9) (58.5) 5.8 (42.1) (46.7) 31.9 107.8 150.8 126.5 138.6 192.4 199.1 81.4 219.4 431.7 260.5 342.1 67.7 (6.7) 69.3 (84.4) 50.5 (51) (26.1) 50.8 106.6 167.8
EBIT 37 6 22 77 123 82 117 205 144 91 164 2 26 (23) 173 451 547 238 446 633 423 298 242 56 47 (75) 16 22 38 20.6 170.9 219.1 123 160.1 162 135.2 75.3 54.1 65.4 55.4 20.9 2.9 (20.9) (12.9) (34.3) (49.5) (15.3) 1.4 (13) (22.5) 49.2 123.7 90.9 69.4 47.1 (33.1) 2 (77.1) (60.7) (19.5) (13.1) 3.4 (12.7) 53.1 (15.3) (44) 0.6 (18) (34.1) (366.2) (67.6) (124.1) (85.7) (86.8) (85.7) (22.6) (71.4) (75) (0.9) 75.4 116.3 92.2 104.2 159.3 165.8 43.2 179.4 399 226.2 305.3 33.4 (43.3) 28.8 (127.8) 3.8 (100.1) (77.5) (12.7) 47.3 106.5
Income Before Tax 36 (12) 18 73 117 85 113 213 149 67 162 0 23 (23) 173 463 545 219 443 629 411 293 237 50 42 (79) 3 19 34 17.7 167 214.7 124.6 155.8 156.3 128.8 69.4 48.6 56.7 46.4 13.2 (5) (29) (19.9) (41.5) (55.5) (23.3) (5.8) (20.4) (30.3) 41.9 114.5 81.4 56.8 37.3 (45.5) (10.6) (49.6) (74.2) (33.9) (26.4) (7.6) (43.6) 35.4 (32.1) (62.3) (20.4) (39.9) (46.8) (386.5) (158.3) (133) (75.5) (97) (88) (21.6) (66.3) (55.8) 8.7 73.1 128 101.5 110.3 159.5 162.1 53.3 179 294.7 176.2 297.7 19.3 (63) 12.1 (143.9) (12.7) (111.8) (127.5) (31.2) 37.2 96.2
Income Tax Expense 9 (4) 9 19 26 23 23 53 41 8 44 21 1 (10) 44 116 124 52 111 143 95 37 60 19 9 (26) 3 3 7 (0.4) 41.8 51.2 29.7 21.2 46.4 36 15.5 6.7 (7.5) 16.2 4.4 5 (2.4) 1 (6.3) (11.3) (3.6) (6.7) (5.6) (10.5) 4.4 24.4 23.2 12 7.9 (11.1) (1.2) (3) (20.9) (8.4) (6.8) (8.1) (16.4) 12.7 (10.3) (17.7) (10.5) (16) (19.2) (48.3) (61) (56.8) (35.9) (53.7) (37.5) (10.9) (32.2) (33.3) (5.1) 18.3 44.3 12.3 (66.5) 55.2 59.2 35.9 73.2 106.2 64.4 134.2 10 (10.9) 4.4 (67.9) (3) (22.4) (75.9) 9.7 16.2 38.5
Net Income 27 (8) 9 54 91 62 90 160 108 59 118 (20) 21 (8) 226 385 484 194 365 498 320 256 177 33 33 (51) 2 17 27 17 124 163 91 130.6 109.8 94.5 55 42.2 65.6 31.7 10.3 (7.6) (26.5) (19.5) (34.5) (42.9) (20.4) 2.1 (14.2) (20.4) 38.1 94.3 65.1 46.1 31.3 (37.3) (11.3) (57.2) (65.6) (35.5) (23) (6.8) (32) 22.3 (22.5) (49.1) (12.5) (29.6) (30.4) (340.5) (111.1) (80.8) (46.4) (51.5) (67.8) (23.3) (37.3) (24.6) 9.5 55.1 83.7 85.2 168.2 100.3 101.7 13.7 108.1 192.4 106.5 163.7 (17.2) (42.6) (13.2) (70.9) (9.7) (89.4) (51.6) (40.9) 21 57.7
Per Share Data
EPS (Basic) 0.39 -0.11 0.13 0.77 1.30 0.89 1.29 2.22 1.50 0.82 1.63 -0.28 0.29 -0.11 1.73 4.76 5.64 2.22 3.90 4.93 3.02 2.36 1.58 0.29 0.29 -0.44 0.02 0.14 0.20 0.12 0.87 1.13 0.63 0.90 0.76 0.65 0.38 0.29 0.46 0.22 0.07 -0.05 -0.19 -0.14 -0.24 -0.30 -0.14 0.01 -0.10 -0.15 0.27 0.68 0.47 0.33 0.23 -0.27 -0.08 -0.42 -0.49 -0.27 -0.18 -0.05 -0.24 0.17 -0.18 -0.39 -0.12 -0.29 -0.30 -3.31 -1.08 -0.79 -0.45 -0.50 -0.65 -0.22 -0.36 -0.24 0.09 0.52 0.79 0.81 1.54 0.90 0.92 0.12 0.99 1.77 0.99 1.52 -0.16 -0.41 -0.13 -0.68 -0.09 -0.86 -0.50 -0.39 0.20 0.55
EPS (Diluted) 0.39 -0.11 0.13 0.77 1.30 0.89 1.27 2.22 1.48 0.82 1.63 -0.28 0.29 -0.11 1.73 4.73 5.60 2.20 3.87 4.90 3.00 2.34 1.57 0.29 0.29 -0.44 0.02 0.14 0.20 0.12 0.86 1.11 0.62 0.90 0.75 0.65 0.38 0.29 0.45 0.22 0.07 -0.05 -0.19 -0.14 -0.24 -0.30 -0.14 0.01 -0.10 -0.15 0.26 0.65 0.45 0.32 0.22 -0.27 -0.08 -0.42 -0.49 -0.27 -0.18 -0.05 -0.24 0.16 -0.18 -0.39 -0.12 -0.29 -0.30 -3.31 -1.08 -0.79 -0.45 -0.50 -0.65 -0.22 -0.36 -0.24 0.09 0.52 0.79 0.81 1.53 0.90 0.91 0.12 0.98 1.75 0.98 1.52 -0.16 -0.41 -0.13 -0.68 -0.09 -0.86 -0.49 -0.39 0.20 0.55
Shares Outstanding 70 70 70 70 70 70 70 72 72 72 72 72 72 72 74 81 86 88 94 101 106 109 112 112 112 115 121 123 131 140 142.5 144.6 145 142.8 144.5 144.5 144.2 143.7 143.7 143.4 142.9 142.7 142.6 139.3 142 141.7 140.8 140.8 140.8 140.6 140 139.1 138.4 138.6 137.1 137 136.6 135.6 134.5 131.4 131.3 130.9 131.1 128.5 125.9 124.4 103.4 103 102.8 102.9 102.9 102.9 102.9 102 103.6 104.2 104.1 103.9 104.9 105.3 105.8 105.7 109 110.9 110.5 108.6 109.6 109 107.6 106.7 104.6 104.6 104.6 104.4 104.4 104.4 104.1 104.1 104 104.1
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 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Current Assets
Cash & Cash Equivalents 164 292 316 333 256 340 346 317 244 222 160 71 126 369 469 503 624 358 607 590 645 535 420 259 488 181 304 348 361 878.4 986.7 1,000.9 895.7 928 848.7 740 649.5 659.3 559.7 474.8 404.2 437.1 357.4 394.1 324.7 279.9 345.1 917 539.1 925.9 158 67.3 137.3 100.2 88.3 55.7 27.4 38.1 101.6 118.1 105.8 116 168.1 152.9 42.5 126.5 222.7 433 22.3 31.9 32.2 6.9 7.1 27.8 53.7 54.2 47.2 75.4 124.7 89.2 160.9 315.9 301.1 188.1 243.1 261.6 269.8 212.3 273.9
Short-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 0 0 0 0 0 0 7.4 7.8 444.4 113.3 235.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 155 127 158 168 158 132 137 161 180 155 181 124 149 128 171 220 320 169 210 280 264 184 228 175 172 164 183 177 165.9 127.6 143.5 162.3 171.5 142.5 193.6 176 149.1 108.3 138 151.4 146.4 123.9 216.6 227.7 228.1 119.3 219.2 168.9 198.3 136.1 139.3 144.8 99.3 148.8 209.4 230.2 161.2 221.1 284.4 233.4 257 200.7 241.9 204.2 250.4 178.6 165.2 160.5 248.4 224.2 155.6 134.9 256.8 102.5 143.8 190.9 134.9 128.7 180.2 188.1 169.9 157.4 188.3 181.2 171.4 110.9 150.8 143.9 152.9
Inventory 416 363 357 370 400 358 373 372 398 378 378 407 415 336 337 311 382 277 320 311 307 259 238 240 284 265 260 293 310 273 284.4 286.4 329.4 259.1 231 221.7 260 234.6 227.1 231.6 250.1 164.2 183.4 140.4 154.9 188.9 222.5 187.3 223.1 177.5 166.2 220 163.5 165.6 217.3 222.6 252.2 327.5 298.1 310 330.5 293.4 266.1 239.7 265.8 205.7 221.3 192.8 260.3 258.8 258.2 249.4 269.1 264.3 258.5 252.5 288.1 317.7 267.8 221.2 217.8 213.8 215.3 238.9 253.4 234.7 207.5 184.5 172.2
Other Current Assets 26 28 28 24 25 25 29 33 20 23 26 48 23 21 1 146 0 68 37 29 0 0 18 0 21 0 0 (1) 0 0 0 0 0 0 8.7 8.7 8.1 0 102.6 9 9 66.2 69.4 70.5 28.4 28.4 73.3 56.7 74 74.5 60.7 39.2 79.9 45.2 39.6 44.6 106 67.4 81 137 124.3 129.3 142.5 141.4 135.5 101.3 150.6 86.1 84.6 81.9 110.6 92.2 172.1 184.6 93.6 90.9 97 96.7 105.2 22.4 11.7 7.3 12.8 17.5 12.6 6.9 6.2 13.8 12.4
Total Current Assets 761 810 862 895 839 855 885 883 842 778 745 671 713 854 1,001 1,208 1,341 890 1,197 1,230 1,226 993 904 689 976 619 761 828 846 1,287.2 1,426.5 1,462.6 1,405.6 1,359.6 1,290.8 1,155.7 1,074 1,016.5 1,445.8 876.1 815.6 799.5 829 838.8 749.9 628.2 1,315.9 1,458 1,277 1,325.2 538.6 478.4 491.3 476.2 578.8 572 564.2 654.1 765.1 798.5 817.6 739.4 818.6 738.2 694.2 612.1 759.8 872.4 615.6 596.8 556.6 483.4 705.1 579.2 549.6 588.5 567.2 618.5 677.9 520.9 560.3 694.4 717.5 625.7 680.5 614.1 634.3 554.5 611.4
Non-Current Assets
Property, Plant & Equipment 1,738 1,732 1,692 1,662 1,631 1,617 1,592 1,564 1,557 1,565 1,546 1,535 1,439 1,370 1,259 1,212 1,183 1,090 1,101 1,039 960 958 942 954 973 1,009 1,075 1,060 1,054 1,010 976.2 946.6 932.1 926.1 872.7 866.8 876.9 891.4 855.3 855.4 857.3 923.9 943.4 964.5 1,057.3 1,064.7 1,033.8 772.6 872.2 884.9 805.7 888.3 848.3 957.3 1,746.3 1,779.6 1,235.5 1,899.4 1,898.8 1,931.5 1,923.9 1,945.1 1,876.5 1,509.3 1,530.1 1,412.3 934 1,057 1,176.3 1,191.8 1,239.1 1,278.4 1,289.9 1,278.5 1,307.2 1,493.6 1,477.3 1,452.3 2,099 2,075.8 2,017.9 1,273.2 1,234.2 1,195.5 1,154.7 1,145.9 1,102.2 1,092.9 1,086.6
Goodwill 19 19 20 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 25 25 25 25 0 25 30 0 0 0 0 16 0 0 0 16.1 9.7 9.7 9.7 9.7 9.7 9.7 9.7 0 0 0 0 0 273.5 0 0 0 0 0 0 0 0 311.8 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
Intangible Assets 14 16 25 28 29 30 30 30 31 32 32 40 44 45 18 18 18 49 19 20 20 56 95 23 23 50 54 51 48 10 26.3 26.4 26.6 10.6 55.6 52.6 52.4 53.5 50.6 51 51.9 0 0 3 0 0 0 303.8 303.7 286.7 303.6 306.6 306.6 276.7 305.1 0 319.5 326.3 329.3 335.1 341.3 347.7 377.5 132.9 165.1 60 103.6 99.4 152.9 70.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 18 17 17 18 18 17 18 1 6 5 6 6 5 6 7 7 7 7 18 10 9 11 12 11 12 10 10 9 9 49 52.6 53.9 8.5 7.8 7.4 7.2 6.8 6.2 7.4 7.4 7.2 167 171.5 164.8 207.5 200.3 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
Other Non-Current Assets 24 25 33 26 27 26 28 27 27 27 26 31 30 50 76 78 93 137 40 43 100 42 20 105 118 146 143 137 135 138 129.9 128.8 123.9 125.8 126 121.9 111.1 111.3 110.3 521.1 521.3 635.9 644.1 641.7 263.8 390.2 667.6 765.6 667.5 707.7 1,060.6 1,067.4 1,133.8 1,127 538.7 545.9 1,139.6 494.9 505.5 467 452.6 456 446.9 433.8 403.8 434.7 909.3 919.6 642.3 719.1 792.7 765.9 757.4 731 729.8 739.4 723.7 734.6 50 51.6 51.6 748.6 745.8 731.2 709.6 706.3 686.9 702.6 693.1
Total Non-Current Assets 1,820 1,817 1,787 1,760 1,731 1,713 1,691 1,646 1,645 1,659 1,633 1,631 1,547 1,497 1,383 1,338 1,328 1,304 1,203 1,137 1,116 1,095 1,069 1,118 1,156 1,216 1,282 1,261 1,249 1,227 1,187.9 1,158.2 1,093.6 1,088.9 1,017.2 1,007.1 1,006.2 1,022.9 986.6 1,397.8 1,400 1,727.8 1,766.4 1,781.4 1,534 1,655.2 1,974.9 1,842 1,843.4 1,879.3 2,169.9 2,262.3 2,288.7 2,361 2,590.1 2,637.3 2,694.6 2,720.6 2,733.6 2,733.6 2,717.8 2,748.8 2,700.9 2,076 2,099 1,907 1,946.9 2,076 1,971.5 1,981.6 2,031.8 2,044.3 2,047.3 2,009.5 2,037 2,233 2,201 2,186.9 2,149 2,127.4 2,069.5 2,021.8 1,980 1,926.7 1,864.3 1,852.2 1,789.1 1,795.5 1,779.7
Total Assets 2,581 2,627 2,649 2,656 2,570 2,569 2,576 2,529 2,487 2,437 2,380 2,302 2,259 2,350 2,383 2,547 2,670 2,194 2,400 2,367 2,343 2,086 1,973 1,807 2,132 1,835 2,043 2,090 2,094 2,514.1 2,614.4 2,620.8 2,499.2 2,448.5 2,308 2,162.8 2,080.2 2,031.2 2,432.4 2,273.9 2,215.6 2,527.3 2,595.4 2,247.4 2,283.9 2,283.4 3,290.8 3,300 3,120.4 3,204.4 2,708.5 2,740.7 2,773.1 2,837.2 3,168.9 3,209.3 3,258.8 3,374.7 3,498.7 3,532.1 3,535.4 3,488.2 3,519.5 2,814.2 2,793.2 2,519.1 2,706.7 2,948.4 2,587.1 2,578.4 2,588.4 2,527.7 2,752.4 2,588.7 2,586.6 2,821.5 2,768.2 2,805.4 2,826.9 2,648.3 2,629.8 2,716.2 2,697.5 2,552.4 2,544.8 2,466.3 2,423.4 2,350 2,391.1
Current Liabilities
Account Payables 122 129 126 156 146 139 282 258 242 141 264 243 227 178 342 315 330 180 351 313 262 125 242 204 208 127 213 223 229 116 213.7 211.1 187.5 112.3 212.5 194.7 201.5 89.9 184.8 173.5 161.9 0 0 47.7 0 0 233.8 226.6 244.3 251.3 215.7 213.5 211.1 244.4 261.1 293.5 253.2 303.8 305.4 297.4 295.3 306.5 278.4 270.2 272.5 127.3 259.5 231.6 225.4 234.4 245.3 184.5 195.5 190.6 240.7 196.6 163 161.6 206.2 246.4 202 193.5 202 192.3 163.2 149.2 178.9 152.4 153.5
Short-Term Debt 9 9 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 3 5 5 5.2 27.3 25.1 25.1 22.5 23.5 1.6 2.6 458.1 2.1 2.1 0 0 184.1 0 0 93.9 9.3 9.2 8.3 1.1 6.1 35.3 32.8 118.4 106 162.2 39.4 40.7 121.7 48 44.9 53.8 23.2 26.5 34.1 24 112.2 63.2 44.9 41.3 41.7 50 54.1 77.5 78.4 119.2 136.9 95.9 95.9 96 132.4 119.3 115.8 106.6 147.2 142.7 142.7 142.7
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 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
Other Current Liabilities 49 64 66 0 0 13 0 0 0 15 0 24 0 7 0 69 0 43 76 40 1 10 2 2 6 39 0 2 2 42 2.3 3.4 3.4 12.4 3.4 3.4 3.4 12.4 1.3 1.3 1.3 139.6 125.1 43 145.5 130.6 23.6 27 49 43 40 20 20 20 20 25 35 35 55 0 216.1 189.3 257.4 218.4 205 205.2 213.2 61.7 40 40 80 80 100 100 144.3 110.2 153.6 150 208.3 7.3 42.2 18.9 36.8 28.9 113.8 20.8 20.1 9.9 61.9
Total Current Liabilities 233 291 294 315 276 312 304 261 253 274 266 267 228 343 430 464 459 360 427 353 360 295 244 219 214 281 217 229 237 302 232.8 257.5 237.6 270.1 245.8 230.6 215.5 228.8 653.2 176.9 165.3 206.9 309.2 307.1 282.5 163.9 351.3 262.9 302.5 302.6 256.8 239.6 266.4 297.2 399.5 424.5 450.4 378.2 401.1 419.1 559.4 540.7 589.6 511.8 504 366.6 496.7 405.5 328.6 319.3 366.6 306.2 345.5 344.7 462.5 385.2 435.8 448.5 510.4 349.6 340.2 344.8 358.1 337 383.6 317.2 341.7 305 358.1
Non-Current Liabilities
Long-Term Debt 348 370 348 348 348 348 347 347 347 347 347 377 347 346 346 346 346 346 346 346 346 348 347 347 697 347 348 348 347 347 348.6 348.4 351.1 350.8 353 352.6 374.6 374.4 374.3 745.2 751.8 706.1 706.2 706.3 500 611.7 626.5 820.1 827.9 1,020.7 1,040.3 1,074.9 1,077 1,071.6 1,082.7 1,084.2 1,072.9 1,183.8 1,171.7 1,125.8 1,010.7 1,014.8 1,049.2 578.1 631.6 459.8 475.3 598.7 630.8 572.3 508.5 469.6 581 458.6 343.3 347.5 205.5 201.3 184.3 184.5 193.7 209.8 230 227.1 236.5 288.6 289.8 289.7 335.2
Deferred Tax Liabilities 189 177 166 148 149 145 153 158 162 162 152 0 115 113 107 114 103 86 0 0 82 78 72 71 65 73 0 75 70 62.2 73.5 58.9 39.6 33.4 51.3 37.5 28.5 27.7 86.8 97.6 85.7 170.1 160.1 164.3 162.8 166.4 326.4 463.3 423.8 407.7 342.6 299.3 216.1 298 364.9 377.4 387.2 334 459.2 471.8 451.4 396.3 399.7 301.8 300.4 203.6 251.1 352.5 205.8 178.6 139.9 193.2 183.2 163.2 70.3 205.8 205.8 207.5 188.6 269.7 269.8 269.8 264.8 264.8 264.8 264.8 264 260.6 258.7
Other Non-Current Liabilities 59 35 80 81 82 69 81 81 83 72 79 206 83 73 95 91 102 119 221 197 111 88 124 125 127 96 220 134 140 103 148.1 190.2 198.5 189.7 192.6 193.7 207.5 204.6 165.3 169.9 161 183.5 186.1 168 173.3 152.7 101.4 125.3 126.2 162.5 85.3 117.2 214.3 106.8 147.6 142.2 154.9 126.6 118.7 109.2 126.2 176.4 107.7 102.9 117.5 266.3 230.4 143.3 168.3 222 244.9 109.7 172.1 194.6 262.3 224.7 274.8 292.1 299.8 37.5 43 42.4 30.3 32.5 29.1 24.3 14.7 11.6 13.3
Total Non-Current Liabilities 617 604 616 599 602 586 606 609 616 606 613 616 580 573 588 595 595 595 596 572 570 547 576 577 924 553 601 571 571 512 570.2 597.5 589.2 573.9 596.9 583.8 610.6 606.7 626.4 1,012.7 998.5 1,059.7 1,052.4 1,038.6 836.1 930.8 1,054.3 1,408.7 1,377.9 1,590.9 1,468.2 1,491.4 1,507.4 1,476.4 1,595.2 1,603.8 1,615 1,701.3 1,749.6 1,706.8 1,588.3 1,587.5 1,556.6 982.8 1,049.5 929.7 956.8 1,094.5 1,004.9 972.9 893.3 772.5 936.3 816.4 675.9 778 686.1 700.9 672.7 491.7 506.5 522 525.1 524.4 530.4 577.7 568.5 561.9 607.2
Total Liabilities 850 895 910 914 878 898 910 870 869 880 879 883 808 916 1,018 1,059 1,054 955 1,023 925 930 842 820 796 1,138 834 818 800 808 813.9 803 855 826.8 844 842.7 814.4 826.1 835.5 1,279.6 1,189.6 1,163.8 1,266.6 1,361.6 997.9 1,118.6 1,094.7 1,405.6 1,671.6 1,680.4 1,893.5 1,725 1,731 1,767.1 1,773.6 1,994.7 2,028.3 2,065.4 2,079.5 2,150.7 2,125.9 2,147.7 2,128.2 2,146.2 1,494.6 1,553.5 1,296.3 1,453.5 1,500 1,333.5 1,292.2 1,259.9 1,078.7 1,281.8 1,161.1 1,138.4 1,163.2 1,121.9 1,149.4 1,183.1 841.3 846.7 866.8 883.2 861.4 914 894.9 910.2 866.9 965.3
Stockholders' Equity
Common Stock 85 85 85 85 85 86 86 87 88 88 88 88 88 88 88 94 101 102 107 114 121 124 129 130 130 130 135 141 141 153.4 153.4 153.4 153.4 153.4 153.4 153.4 153.4 153.4 153.1 153.1 153.1 144.8 139.7 139.7 116.9 116.9 116.9 116.9 116.9 116.9 116.9 116.9 117 117 117 117 117 117 117 117 117 117 117 0 0 117 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 1,627 1,621 1,649 1,659 1,625 1,615 1,594 1,595 1,555 1,479 1,438 1,337 1,375 1,371 1,395 1,505 1,601 1,239 1,369 1,413 1,390 1,206 1,132 999 983 966 1,185 1,315 1,314 1,612.6 1,613.9 1,508.4 1,364.4 1,280.1 1,149.5 1,039.8 945.3 890.3 848.1 782.5 750.8 901.9 874.8 898.1 959.2 988.9 1,697 1,303.6 1,119.3 1,018.1 730.1 747.3 745.6 788.2 878.4 885.1 900.2 1,004.3 1,070.5 1,126 1,119.4 1,076.4 1,055.6 1,001.2 931 918.8 917.7 1,125.8 937 977.5 1,014 1,141.6 1,166.8 1,140 1,169.7 1,388.2 1,382.2 1,400.8 1,388.8 1,562.8 1,551.3 1,510.7 1,439.8 1,358.4 1,290.3 1,217.2 1,169.9 1,140.5 1,145.6
Accumulated Other Comprehensive Income (103) (98) (109) (104) (110) (122) (100) (109) (104) (89) (98) (77) (80) (99) (190) (181) (149) (174) (169) (150) (157) (151) (170) (175) (175) (153) (152) (143) (144) (146.4) (148) (147.3) (134.9) (122.1) (129.4) (140.8) (133.2) (137.2) (134.5) (135.1) (139.9) (62.5) (60) (64.6) (71.5) (94.6) (69.5) (72.9) (70) (71.2) (82.9) (72.1) (73.1) (54.9) (29.8) (29.2) (29.8) (31.2) (45.5) (43) (53.9) (50.5) (56.1) (1,202.9) (1,201.1) (1,173.2) (1,190.9) (1,197.2) (1,276.7) (1,242.1) (1,269.7) (1,271.5) (1,244.1) (1,207.5) (1,192.7) (1,178.6) (1,169.9) (1,140.2) (1,166.6) (1,141) (1,113.9) (1,085) (1,055.8) (1,027.3) (997.6) (966.9) (943.3) (918.7) (901.9)
Total Stockholders' Equity 1,730 1,731 1,739 1,742 1,692 1,671 1,666 1,659 1,618 1,557 1,501 1,419 1,450 1,434 1,362 1,485 1,613 1,235 1,368 1,433 1,404 1,234 1,142 1,000 984 991 1,213 1,277 1,272 1,700.2 1,811.4 1,765.8 1,672.4 1,604.5 1,465.3 1,348.4 1,254.1 1,195.7 1,152.8 1,084.3 1,051.8 1,260.7 1,233.8 1,249.5 1,165.3 1,169.9 1,885.2 1,628.4 1,440 1,310.9 983.5 1,009.7 1,006 1,063.6 1,174.2 1,181 1,193.4 1,295.2 1,348 1,406.2 1,387.7 1,360 1,373.3 1,319.6 1,239.7 1,222.8 1,253.2 1,448.4 1,253.6 1,286.2 1,328.5 1,449 1,470.6 1,427.6 1,448.2 1,658.3 1,646.3 1,656 1,643.8 1,807 1,783.1 1,849.4 1,814.3 1,691 1,630.8 1,571.4 1,513.2 1,483.1 1,425.8
Total Liabilities & Equity 2,580 2,627 2,649 2,656 2,570 2,569 2,576 2,529 2,487 2,437 2,380 2,302 2,259 2,350 2,383 2,547 2,670 2,194 2,400 2,367 2,343 2,086 1,973 1,807 2,132 1,835 2,043 2,090 2,094 2,514.1 2,614.4 2,620.8 2,499.2 2,448.5 2,308 2,162.8 2,080.2 2,031.2 2,432.4 2,273.9 2,215.6 2,527.3 2,595.4 2,247.4 2,283.9 2,283.4 3,290.8 3,300 3,120.4 3,204.4 2,708.5 2,740.7 2,773.1 2,837.2 3,168.9 3,209.3 3,258.8 3,374.7 3,498.7 3,532.1 3,535.4 3,488.2 3,519.5 2,814.2 2,793.2 2,519.1 2,706.7 2,948.4 2,587.1 2,578.4 2,588.4 2,527.7 2,752.4 2,588.7 2,586.6 2,821.5 2,768.2 2,805.4 2,826.9 2,648.3 2,629.8 2,716.2 2,697.5 2,552.4 2,544.8 2,466.3 2,423.4 2,350 2,391.1
Debt Metrics
Total Debt 378 401 378 378 379 380 372 370 371 378 382 410 382 395 386 390 390 397 375 375 377 389 380 381 732 392 384 365 366 352 353.8 375.7 376.2 375.9 375.5 376.1 376.2 377 832.4 747.3 753.9 773.4 890.3 880.4 637 645 720.4 829.4 837.1 1,029 1,041.4 1,081 1,112.3 1,104.4 1,201.1 1,190.2 1,235.1 1,223.2 1,212.4 1,247.5 1,058.7 1,059.7 1,103 601.3 658.1 493.9 499.3 710.9 694 617.2 549.8 511.3 631 512.7 420.8 425.9 324.7 338.2 280.2 280.4 289.7 342.2 349.3 342.9 343.1 435.8 432.5 432.4 477.9
Net Debt 214 109 62 45 123 40 26 53 127 156 222 339 256 26 (83) (113) (234) 39 (232) (215) (268) (146) (40) 122 244 211 80 17 5 (526) (632.9) (625.2) (519.5) (552.1) (473.2) (363.9) (273.3) (282.3) 272.7 272.5 349.7 336.3 532.9 486.3 312.3 365.1 375.3 (87.6) 298 103.1 883.4 1,013.7 975 1,004.2 1,112.8 1,134.5 1,207.7 1,185.1 1,110.8 1,129.4 952.9 943.7 934.9 448.4 615.6 367.4 276.6 277.9 671.7 585.3 517.6 504.4 623.9 484.9 367.1 371.7 277.5 262.8 155.5 191.2 128.8 26.3 48.2 154.8 100 174.2 162.7 220.1 204
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 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1 1995 Q4 1995 Q3 1995 Q2 1995 Q1 1994 Q4 1994 Q3 1994 Q2 1994 Q1 1993 Q4 1993 Q3 1993 Q2 1993 Q1
Operating Activities
Net Income 27 (17) 27 54 91 62 91 159 108 59 118 (21) 22 (10) 225 385 483 191 332 486 320 256 177 31 33 (52) 1 16 26 17 124 163 91 130.6 109.8 94.5 55 42.2 65.6 31.7 10.3 168.3 100.3 101.7 192.4 106.5 163.7 124.5 (17.2) 1.5 (42.6) 3.3 (19.5) (3.2) (70.9) (1.6) (9.7) (51.6) (40.9) 21 57.7 35.4 69.3 84.9 27.2 15.9 (192.7) 203.9 (25.1) (21.3) (112.4) (10.1) 42 (14.7) (203.4) 21 (3.6) 26.8 (159.1) 26.3 54.3 84.7 95.1 81.9 85.2 59.5 41.5 65.7 87.7
Depreciation & Amortization 38 38 36 35 35 33 31 31 31 32 30 29 28 33 34 33 32 31 30 29 29 27 28 28 28 33 30 29 31 28.2 30.7 30.1 31 32 31.1 29.6 30.6 26.8 29.6 28.5 27.9 34.4 33.1 33.3 32.7 34.3 36.8 34.6 34.3 35.6 36.6 37.1 40.5 43.4 43.4 56 46.7 51.4 63.5 59.3 61.3 61.1 52.4 45.7 42.8 46.4 50 49.5 39.5 47.4 49.5 46.1 40.9 44.4 52.4 51.9 43.1 51.8 57.9 47.9 45 48.8 52.9 51 44.6 48.4 51.5 43.6 39.7
Stock-Based Compensation 0 6 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 2 1.7 2.1 3 2 1.7 2 1.9 4.1 3.6 3.2 3.2 3 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
Change in Working Capital (114) 7 (11) 42 (66) (5) 60 41 (47) 37 4 13 (182) (37) 31 41 (65) (24) 110 (77) (53) 36 5 42 (68) 22 7 12 (95) 22.6 34 53 (97) (10) 4.2 19.8 (71.1) 26.1 28.2 37.5 (43.7) 44.3 28.5 (83.5) 35.6 (89.3) (19.6) 83.5 37.1 (61.9) 5.4 37.1 84.6 (87.8) 60.1 (16.5) 63.8 (5.6) 7.6 (3) (72.1) (13.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (88) 45.9 (22.1) 12.7 12 44.9 (10.1) (23.7) (14.6) 14.3 (57.8) 31.5
Other Non-Cash Items (2) 25 6 35 4 18 6 (14) 4 31 1 56 15 81 (95) 8 (36) 11 31 17 14 1 8 23 2 98 16 (1) (12) 21.8 (40.1) (12) 4 14.4 (3.7) (5) 2.2 3.3 9.5 8.2 (2.4) 8.2 3.8 (0.6) 42.5 34.9 101.2 (62.6) 41.2 (23.3) 7.4 (59.4) 14.6 (9) (5.2) 9.1 (11.8) 3.3 (12.8) (63.2) 6.6 40.8 15.8 69.9 (59.2) (85.4) 194.9 (80) (57.8) (48.9) 78.9 149.7 (127.8) (237) 313.7 (37.9) 13.2 (7.2) 369.9 8.4 8.7 3.5 12 5.8 7.3 3.3 7.6 5.7 12.5
Operating Cash Flow (37) 67 90 162 64 105 183 212 105 159 187 89 (119) 41 195 483 425 201 511 457 314 321 218 129 (9) 100 59 54 (54) 91.3 151.2 237.3 30.7 168.7 143.4 140.8 20.8 102 136.1 109.1 (4.9) 124.4 185.6 65.7 303.2 86.4 282.1 180 95.4 (48.1) 6.8 18.1 120.2 (56.6) 27.4 47 89 (2.5) 17.4 14.1 53.5 123.8 137.5 200.5 10.8 (59.2) 52.2 173.4 (43.4) (68.6) 16 185.7 (44.9) (92.1) 27.2 35 52.7 6.7 146.7 60.5 120.7 149 204.9 128.6 113.4 89.6 118.3 59.1 171.5
Investing Activities
Capital Expenditure (61) (75) (84) (68) (64) (62) (44) (36) (41) (64) (48) (74) (114) (132) (86) (104) (92) (121) (68) (32) (34) (24) (14) (15) (24) (44) (37) (38) (43) (63.8) (62.8) (44.4) (43.2) (67.9) (35) (19.6) (26.1) (46.1) (27.6) (24.8) (26.3) (43.5) (46.2) (20.8) (27.1) (28.3) (37.2) (23.5) (14.5) (11.4) (16.9) (13) (11.8) (3.8) (27.7) (13.3) (11.6) (60.7) (6.9) (111) (41.7) (757.3) (29.7) (28.7) (28.3) (19.5) (27.1) (30.5) (45.4) (23.9) (43.2) (56) (81.4) (24) (45.3) (113.6) (61.1) (111.9) (90.8) (79.3) (80.9) (93.5) (60.5) (78) (54) (67.7) (56.7) (45.5) (38.5)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 206 0 59 0 0 0 0 0 1 14 0 (3) (3) (7) 40 0 0 (45) 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 0 0 0 0
Purchases of 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 0 0 0 (743.6) (1,293.6) (1,159.2) 88.3 (235.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of 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 0 0 0 997.6 1,249 1,172.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.6 0 0 0 0.6 3.5 11.9 8.1 8.6
Other Investing Activities 0 0 1 0 0 1 (17) 16 0 0 7 (84) 1 0 1 2 0 5 0 1 2 0 0 13 0 1 0 0 (1) (1.7) 0 22 0 (21.4) 0.2 (28.8) 0.2 504.8 (93.3) (0.5) 0.1 (4.6) 2.1 (24.9) 316.4 2.6 289.9 176.1 46.2 17.4 49.4 42.5 17.7 7.6 (20.3) (11.2) 11.5 (0.9) (50.3) 4.1 6.3 662.7 (405.1) 7 (204) 38.2 27.1 290.1 13.5 28.1 26.3 4.4 5.8 (15.9) 40 3.1 4.1 10.2 (0.9) (20.4) (15.9) (5.8) (8.2) (34.2) (16.7) (22.1) (10.5) (27.1) (17.7)
Investing Cash Flow (61) (75) (83) (68) (64) (61) (61) (20) (41) (64) (41) (158) (113) (132) 121 (102) (33) (116) (68) (31) (32) (24) (13) 12 (24) (47) (40) (45) (5) (65.5) (62.9) (67.2) (42.6) (89.3) (34.8) (48.5) (26) 458.7 (120.9) (25.3) (26.2) 205.9 (89.3) (31.9) 63.5 (261.1) 252.7 152.6 31.7 6 32.5 29.5 5.9 3.8 (48) (8) (0.1) (61.6) (57.2) (106.9) (35.4) (94.6) (434.8) (21.7) (232.3) 18.7 (31.3) 259.6 (31.9) 4.2 (16.9) (51.6) (75.6) (39.9) (5.3) (110.5) (57) (101.7) (91.7) (99.7) (94.2) (99.3) (68.7) (112.2) (70.1) (86.3) (55.3) (64.5) (47.6)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 (30) 0 0 0 0 0 0 0 0 0 (9) 0 0 (350) 350 (2) 0 (3) 0 (2.3) (22) 0 (0.1) (0.1) (1.2) (0.1) (1.2) (459.8) 75.2 (6.8) (1.1) 0 0 0 (18.3) (228.1) 0.1 (17.6) (39.5) (27.6) (0.2) (40.4) (76.4) 44.4 (16.1) 15.6 (44.9) 7.2 45.7 115.9 (3.6) (26.5) 337.9 (56.8) 150.1 (3.3) (213.4) (8.9) 78.3 78.8 38.9 (117.8) 114.1 119.1 (5.4) 96.3 (13.6) 58 (0.2) (9.5) (52.5) 49 (57.1) (46) (46.7) (8.4) 0.3 (45.5) (51.1)
Stock Repurchased 0 0 0 0 (61) (24) (73) (102) (13) 0 0 0 0 0 (325) (471) (104) (313) (399) (465) (122) (171) (29) 0 0 (158) (42) 0 (438) (113.1) (60) (39) 0 0.8 (0.5) (0.8) 0 (0.3) (0.8) (0.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.1) 0 0 (11.2) (38.9) 0 0 0 (35.7) 0 0 0 0 0 0 0 0 0 0 0 0 0 (4.6) (115.6) (19.7) (10.3) (16.8) (7.5) 0 0 (3) (10.8)
Dividends Paid (21) (20) (19) (19) (20) (18) (19) (18) (19) (17) (17) (18) (17) (16) (16) (18) (19) (16) (17) (16) (17) (16) (16) (17) (16) (15) (16) (17) (17) (18.3) (19) (19) (19) 0 0 0 0 0 0 0 (0.5) (13.8) (13.9) (11) (8.1) (5.3) 0 0 0 0 0 0 0 0 (0.1) (5.1) (5.4) (14.6) (14.6) (14.4) (14.7) (14.6) (14.9) (14.7) (15) (14.8) (15.4) (15.1) (15.4) (15.2) (15.2) (15.1) (15.2) (15) (15.1) (15) (15) (14.8) (14.9) (14.8) (13.7) (13.8) (13.7) (13.8) (12.1) (12.2) (12.1) (12) (11)
Other Financing Activities (8) 3 (1) 1 (6) 2 (3) 2 (7) 1 0 31 (10) 2 (1) 0 (14) (1) 0 (2) (10) (1) 0 (1) (5) (1) (2) (2) (4) 0.1 (1.1) (2) (2.5) (1.1) (0.5) (0.1) (4.7) (0.5) (5.8) (7.2) (0.9) (171.1) 0.6 (0.6) (6.7) (1.4) (1.2) (91.1) 1.8 (0.3) (2) (4.7) 1.1 (6.3) 10.1 (0.4) (10.3) 8.1 (7.8) 3.6 1.2 (1.3) (10.5) 3.1 2.4 (16.9) (33.7) 1.7 2.8 0.5 2.5 (1.4) 0.9 2 (1.9) 1.2 4.7 2.5 (4.4) (3.6) 0.3 (50.4) 1.9 5.2 4.5 9.1 6.3 4.3 (5.2)
Financing Cash Flow (29) (17) (20) (18) (87) (40) (95) (118) (39) (16) (47) 13 (27) (14) (342) (489) (137) (330) (416) (484) (158) (188) (45) (368) 329 (176) (60) (22) (459) (133.7) (101.9) (59.9) (21.5) (1.2) (1.7) (1) (5.5) (460.3) 69.4 (14.2) (1.9) (332.5) (13) (3.2) 11.2 (212.1) 8.9 (108.7) (37.7) (27.9) (2.2) (45.1) (75.3) 38.1 (6.1) (6.4) (60.6) 0.6 23.3 105.1 (28.3) (81.3) 312.5 (68.4) 137.5 (55.7) (262.5) (22.3) 65.7 64.1 26.2 (134.3) 99.8 106.1 (22.4) 82.5 (23.9) 45.7 (19.5) (32.5) (181.5) (34.9) (23.2) (71.4) (61.8) (11.5) (5.5) (56.2) (78.1)
Cash Position
Net Change in Cash (128) (24) (17) 77 (84) (6) 29 73 22 62 89 (55) (243) (100) (34) (121) 266 (249) 17 (55) 110 115 161 (229) 307 (123) (44) (13.1) (517.3) (108.3) (14.2) 105.2 (32.3) 79.3 848.7 740 0 0 0 70.6 (30.5) (2.1) 82.1 29.7 377.9 (386.8) 544.1 223.8 90.7 (70) 37.1 2.5 50.8 (14.7) (26.7) 32.6 28.3 (63.5) (16.5) 12.3 (10.2) (52.1) 15.2 67.9 (84) (96.2) (241.6) 410.7 (9.6) (0.3) 25.3 (0.2) (20.7) (25.9) (0.5) 7 (28.2) (49.3) 35.5 (71.7) (155) 14.8 113 (55) (18.5) (8.2) 57.5 (61.6) 45.8
Cash at Beginning 292 316 333 256 340 346 317 244 222 160 71 126 369 482 516 637 371 620 603 658 535 420 259 488 181 318 362 375 892 1,000 1,014.2 909.1 941.3 848.7 740 649.5 659.3 559.7 474.8 404.2 434.7 656.5 574.4 544.7 539.1 925.9 381.8 158 67.3 137.3 100.2 97.7 46.9 61.6 88.3 55.7 27.4 101.6 118.1 105.8 116 168.1 152.9 42.5 126.5 0 0 0 31.9 0 0 0 27.8 0 0 0 75.4 0 0 0 315.9 0 0 0 261.6 0 0 0 228.1
Cash at End 164 292 317 333 256 340 346 317 244 222 160 71 126 383 482 516 637 371 620 603 645 535 420 259 488 195 318 362 375 891.8 1,000 1,014.2 909.1 928 848.7 740 649.5 659.3 559.7 474.8 404.2 654.4 656.5 574.4 917 539.1 925.9 381.8 158 67.3 137.3 100.2 97.7 46.9 61.6 88.3 55.7 38.1 101.6 118.1 105.8 116 168.1 110.4 42.5 (96.2) (241.6) 410.7 22.3 (0.3) 25.3 (0.2) 7.1 (25.9) (0.5) 7 47.2 (49.3) 35.5 (71.7) 160.9 14.8 113 (55) 243.1 (8.2) 57.5 (61.6) 273.9
Free Cash Flow (98) (8) 6 94 0 43 139 176 64 95 139 15 (233) (91) 109 379 333 80 443 425 280 297 204 114 (33) 56 22 16 (97) 27.5 88.4 192.9 (12.5) 100.8 108.4 121.2 (5.3) 55.9 108.5 84.3 (31.2) 80.9 139.4 44.9 276.1 58.1 244.9 156.5 80.9 (59.5) (10.1) 5.1 108.4 (60.4) (0.3) 33.7 77.4 (63.2) 10.5 (96.9) 11.8 (633.5) 107.8 171.8 (17.5) (78.7) 25.1 142.9 (88.8) (92.5) (27.2) 129.7 (126.3) (116.1) (18.1) (78.6) (8.4) (105.2) 55.9 (18.8) 39.8 55.5 144.4 50.6 59.4 21.9 61.6 13.6 133
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 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 574 567 663 755 724 680 722 814 724 658 728 611 584 705 852 1,130 1,167 835 1,018 1,168 894 860 795 548 585 537 603 588 582 589.1 736.8 810.8 691.3 710.6 718.3 694.1 610.9 550 596.4 582.4 504.6 462.9 464.9 493 471.7 453.5 518.1 518.5 444.7 479.7 507.4 572.6 537.5 458.7 467.8 427.8 361.5 312.2 350.6 362.4 331.7 317.4 322.5 447.1 296.6 275.1 308.8 266.2 204.6 250.2 389.6 387 349.4 376.6 472.5 461.2 406 369.6 534.5 652.7 678.3 624.2 621.3 692 680 588.3 740.5 825.3 695.3 733.8 478.5 440.6 448.9 515.9 649.8 558.5 725.4 652.4 778.1 776.9
Gross Profit 115 85 129 178 198 161 192 263 213 160 214 119 101 128 232 519 620 306 505 684 467 351 292 117 108 70 74 78 81 93.8 212.8 260.6 176.8 248.7 239 208.4 155.9 127.2 153.8 139.3 89.1 67.6 48.7 49.6 43.9 22.6 41.1 57 56.3 64.4 91.1 149.9 144.9 98.1 98.5 67.9 48.2 21.3 28.6 26.1 36.7 34.9 31.4 100.8 28.6 9.7 37.4 12.9 0.2 (24.6) 7.4 12 (23.4) (15.1) 25.9 23.6 2.3 2.9 65.6 147 192.8 175.5 175.7 228.5 235.2 132.7 278.2 378.1 312 319.8 101.6 60.5 94.6 24.8 109.1 9.3 31.4 107.9 211.4 229.2
Operating Income 37 6 18 80 120 75 116 194 145 89 161 8 30 59 172 462 556 227 448 634 424 297 242 53 44 (73) 8 23 22 16.3 167.6 215 127.2 159 158.9 132.9 72.7 56 76.9 52.2 18.9 1.4 (17.4) (14.1) (33.2) (48.9) (14.6) (3.9) (10.2) (22) 47.6 88.9 89.2 47 43.5 19 (2.1) (25.6) (72.7) (23.6) (18.2) (17.9) (15.9) 48.9 (22.7) (50.5) (8.1) (32.2) (42.5) (366.2) (67.6) (124.1) (85.7) (86.8) (85.7) (22.6) (73.6) (75) (4.8) 73.7 116.3 92.2 104.2 159.3 162.9 43.2 180.5 301 226.2 305.3 33.4 (43.3) 28.8 (127.8) 3.8 (100.1) (77.5) (12.7) 84.5 103.5
Net Income 27 (8) 9 54 91 62 90 160 108 59 118 (20) 21 (8) 226 385 484 194 365 498 320 256 177 33 33 (51) 2 17 27 17 124 163 91 130.6 109.8 94.5 55 42.2 65.6 31.7 10.3 (7.6) (26.5) (19.5) (34.5) (42.9) (20.4) 2.1 (14.2) (20.4) 38.1 94.3 65.1 46.1 31.3 (37.3) (11.3) (57.2) (65.6) (35.5) (23) (6.8) (32) 22.3 (22.5) (49.1) (12.5) (29.6) (30.4) (340.5) (111.1) (80.8) (46.4) (51.5) (67.8) (23.3) (37.3) (24.6) 9.5 55.1 83.7 85.2 168.2 100.3 101.7 13.7 108.1 192.4 106.5 163.7 (17.2) (42.6) (13.2) (70.9) (9.7) (89.4) (51.6) (40.9) 21 57.7
EPS (Diluted) 0.39 -0.11 0.13 0.77 1.30 0.89 1.27 2.22 1.48 0.82 1.63 -0.28 0.29 -0.11 1.73 4.73 5.60 2.20 3.87 4.90 3.00 2.34 1.57 0.29 0.29 -0.44 0.02 0.14 0.20 0.12 0.86 1.11 0.62 0.90 0.75 0.65 0.38 0.29 0.45 0.22 0.07 -0.05 -0.19 -0.14 -0.24 -0.30 -0.14 0.01 -0.10 -0.15 0.26 0.65 0.45 0.32 0.22 -0.27 -0.08 -0.42 -0.49 -0.27 -0.18 -0.05 -0.24 0.16 -0.18 -0.39 -0.12 -0.29 -0.30 -3.31 -1.08 -0.79 -0.45 -0.50 -0.65 -0.22 -0.36 -0.24 0.09 0.52 0.79 0.81 1.53 0.90 0.91 0.12 0.98 1.75 0.98 1.52 -0.16 -0.41 -0.13 -0.68 -0.09 -0.86 -0.49 -0.39 0.20 0.55
Balance Sheet
Cash & Equivalents 164 292 316 333 256 340 346 317 244 222 160 71 126 369 469 503 624 358 607 590 645 535 420 259 488 181 304 348 361 878.4 986.7 1,000.9 895.7 928 848.7 740 649.5 659.3 559.7 474.8 404.2 437.1 357.4 394.1 324.7 279.9 345.1 917 539.1 925.9 158 67.3 137.3 100.2 88.3 55.7 27.4 38.1 101.6 118.1 105.8 116 168.1 152.9 42.5 126.5 222.7 433 22.3 31.9 32.2 6.9 7.1 27.8 53.7 54.2 47.2 75.4 124.7 89.2 160.9 315.9 301.1 188.1 243.1 261.6 269.8 212.3 273.9
Total Assets 2,581 2,627 2,649 2,656 2,570 2,569 2,576 2,529 2,487 2,437 2,380 2,302 2,259 2,350 2,383 2,547 2,670 2,194 2,400 2,367 2,343 2,086 1,973 1,807 2,132 1,835 2,043 2,090 2,094 2,514.1 2,614.4 2,620.8 2,499.2 2,448.5 2,308 2,162.8 2,080.2 2,031.2 2,432.4 2,273.9 2,215.6 2,527.3 2,595.4 2,247.4 2,283.9 2,283.4 3,290.8 3,300 3,120.4 3,204.4 2,708.5 2,740.7 2,773.1 2,837.2 3,168.9 3,209.3 3,258.8 3,374.7 3,498.7 3,532.1 3,535.4 3,488.2 3,519.5 2,814.2 2,793.2 2,519.1 2,706.7 2,948.4 2,587.1 2,578.4 2,588.4 2,527.7 2,752.4 2,588.7 2,586.6 2,821.5 2,768.2 2,805.4 2,826.9 2,648.3 2,629.8 2,716.2 2,697.5 2,552.4 2,544.8 2,466.3 2,423.4 2,350 2,391.1
Total Debt 378 401 378 378 379 380 372 370 371 378 382 410 382 395 386 390 390 397 375 375 377 389 380 381 732 392 384 365 366 352 353.8 375.7 376.2 375.9 375.5 376.1 376.2 377 832.4 747.3 753.9 773.4 890.3 880.4 637 645 720.4 829.4 837.1 1,029 1,041.4 1,081 1,112.3 1,104.4 1,201.1 1,190.2 1,235.1 1,223.2 1,212.4 1,247.5 1,058.7 1,059.7 1,103 601.3 658.1 493.9 499.3 710.9 694 617.2 549.8 511.3 631 512.7 420.8 425.9 324.7 338.2 280.2 280.4 289.7 342.2 349.3 342.9 343.1 435.8 432.5 432.4 477.9
Stockholders' Equity 1,730 1,731 1,739 1,742 1,692 1,671 1,666 1,659 1,618 1,557 1,501 1,419 1,450 1,434 1,362 1,485 1,613 1,235 1,368 1,433 1,404 1,234 1,142 1,000 984 991 1,213 1,277 1,272 1,700.2 1,811.4 1,765.8 1,672.4 1,604.5 1,465.3 1,348.4 1,254.1 1,195.7 1,152.8 1,084.3 1,051.8 1,260.7 1,233.8 1,249.5 1,165.3 1,169.9 1,885.2 1,628.4 1,440 1,310.9 983.5 1,009.7 1,006 1,063.6 1,174.2 1,181 1,193.4 1,295.2 1,348 1,406.2 1,387.7 1,360 1,373.3 1,319.6 1,239.7 1,222.8 1,253.2 1,448.4 1,253.6 1,286.2 1,328.5 1,449 1,470.6 1,427.6 1,448.2 1,658.3 1,646.3 1,656 1,643.8 1,807 1,783.1 1,849.4 1,814.3 1,691 1,630.8 1,571.4 1,513.2 1,483.1 1,425.8
Cash Flow
Operating Cash Flow (37) 67 90 162 64 105 183 212 105 159 187 89 (119) 41 195 483 425 201 511 457 314 321 218 129 (9) 100 59 54 (54) 91.3 151.2 237.3 30.7 168.7 143.4 140.8 20.8 102 136.1 109.1 (4.9) 124.4 185.6 65.7 303.2 86.4 282.1 180 95.4 (48.1) 6.8 18.1 120.2 (56.6) 27.4 47 89 (2.5) 17.4 14.1 53.5 123.8 137.5 200.5 10.8 (59.2) 52.2 173.4 (43.4) (68.6) 16 185.7 (44.9) (92.1) 27.2 35 52.7 6.7 146.7 60.5 120.7 149 204.9 128.6 113.4 89.6 118.3 59.1 171.5
Capital Expenditure (61) (75) (84) (68) (64) (62) (44) (36) (41) (64) (48) (74) (114) (132) (86) (104) (92) (121) (68) (32) (34) (24) (14) (15) (24) (44) (37) (38) (43) (63.8) (62.8) (44.4) (43.2) (67.9) (35) (19.6) (26.1) (46.1) (27.6) (24.8) (26.3) (43.5) (46.2) (20.8) (27.1) (28.3) (37.2) (23.5) (14.5) (11.4) (16.9) (13) (11.8) (3.8) (27.7) (13.3) (11.6) (60.7) (6.9) (111) (41.7) (757.3) (29.7) (28.7) (28.3) (19.5) (27.1) (30.5) (45.4) (23.9) (43.2) (56) (81.4) (24) (45.3) (113.6) (61.1) (111.9) (90.8) (79.3) (80.9) (93.5) (60.5) (78) (54) (67.7) (56.7) (45.5) (38.5)
Free Cash Flow (98) (8) 6 94 0 43 139 176 64 95 139 15 (233) (91) 109 379 333 80 443 425 280 297 204 114 (33) 56 22 16 (97) 27.5 88.4 192.9 (12.5) 100.8 108.4 121.2 (5.3) 55.9 108.5 84.3 (31.2) 80.9 139.4 44.9 276.1 58.1 244.9 156.5 80.9 (59.5) (10.1) 5.1 108.4 (60.4) (0.3) 33.7 77.4 (63.2) 10.5 (96.9) 11.8 (633.5) 107.8 171.8 (17.5) (78.7) 25.1 142.9 (88.8) (92.5) (27.2) 129.7 (126.3) (116.1) (18.1) (78.6) (8.4) (105.2) 55.9 (18.8) 39.8 55.5 144.4 50.6 59.4 21.9 61.6 13.6 133