MIDD - The Middleby Corporation
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$192.50
DETAILS
HIGH:
$205.00
LOW:
$175.00
MEDIAN:
$195.00
CONSENSUS:
$192.50
UPSIDE:
29.99%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 3,201.2 | 3,875.2 | 4,036.6 | 4,032.9 | 3,250.8 | 2,513.3 | 2,959.4 | 2,722.9 | 2,335.5 | 2,267.9 | 1,826.6 | 1,636.5 | 1,428.7 | 1,038.2 | 855.9 | 719.1 | 646.6 | 651.9 | 500.5 | 403.1 | 316.7 | 271.1 | 235.4 | 229.1 | 101.6 | 126.9 | 132.5 | 132.3 | 148.3 | 124.8 | 139.2 | 130 | 121.6 |
| Cost of Revenue | 1,949.3 | 2,404.8 | 2,502.5 | 2,586.3 | 2,055.9 | 1,631.2 | 1,855.9 | 1,718.8 | 1,422.8 | 1,366.7 | 1,120.1 | 996.0 | 878.7 | 635.2 | 511.8 | 432.4 | 396.0 | 403.7 | 308.1 | 246.3 | 195.0 | 168.5 | 149.5 | 150.6 | 70.0 | 78.0 | 88.1 | 92.9 | 99.5 | 84.5 | 96.1 | 91.3 | 88.3 |
| Gross Profit | 1,251.9 | 1,470.4 | 1,534.1 | 1,446.6 | 1,194.9 | 882.0 | 1,103.5 | 1,004.1 | 912.7 | 901.2 | 706.5 | 640.6 | 550.0 | 403.0 | 344.1 | 286.7 | 250.6 | 248.1 | 192.4 | 156.9 | 121.7 | 102.6 | 85.9 | 78.5 | 31.5 | 48.8 | 44.4 | 39.4 | 48.8 | 40.3 | 43.1 | 38.7 | 33.3 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 0 | 0 | 53.1 | 0 | 0 | 35.3 | 0 | 35.3 | 29.1 | 26.3 | 22.4 | 22.6 | 21.4 | 14.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 663.2 | 762.5 | 794.4 | 797.2 | 668.0 | 491.9 | 593.8 | 538.8 | 436.5 | 444.4 | 375.1 | 346.7 | 305.5 | 214.9 | 195.4 | 163.9 | 139.2 | 128.5 | 99.4 | 80.0 | 63.7 | 53.6 | 50.8 | 48.8 | 23.6 | 33.3 | 33.1 | 33.1 | 32.8 | 28.8 | 29.4 | 27.5 | 28.7 |
| Other Expenses | 0 | 51.7 | 51.7 | 9.7 | (103.1) | 30.4 | (4.4) | 36.3 | (0.8) | (1.0) | (4.5) | (4.0) | (2.8) | (4.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.6 | 0.1 | 0 | 0 | 3.7 | 3.5 | 3.2 | 3 | 2.8 | 3.4 | 2.4 | 3.1 |
| Operating Expenses | 663.2 | 814.2 | 899.2 | 807.0 | 564.9 | 557.6 | 589.5 | 538.8 | 436.5 | 444.4 | 375.1 | 346.7 | 305.5 | 214.9 | 195.4 | 163.9 | 139.2 | 128.5 | 99.4 | 80.0 | 63.7 | 66.3 | 50.9 | 48.8 | 23.6 | 37.0 | 36.6 | 36.3 | 35.8 | 31.6 | 32.8 | 29.9 | 31.8 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 588.8 | 656.2 | 634.9 | 639.6 | 630.0 | 324.4 | 514.0 | 446.0 | 410.3 | 446.2 | 302.6 | 300.4 | 244.5 | 188.1 | 148.7 | 122.8 | 111.4 | 119.6 | 92.9 | 76.9 | 58.0 | 38.3 | 35.0 | 29.7 | 7.9 | 11.8 | 7.8 | 3.1 | 13 | 8.7 | 10.3 | 8.8 | 1.5 |
| Interest Expense | 93.8 | 92.2 | 120.3 | 89.0 | 57.2 | 78.6 | 82.6 | 58.7 | 26.0 | 23.9 | 17.0 | 15.6 | 15.9 | 9.2 | 8.5 | 8.6 | 11.6 | 13.0 | 0 | 6.9 | 6.4 | 0 | 5.9 | 0 | 0 | 1.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 675.1 | 796.7 | 797.3 | 791.5 | 801.9 | 439.2 | 648.7 | 579.9 | 478.3 | 500.1 | 385.4 | 342.2 | 296.7 | 210.6 | 168.7 | 139.8 | 127.2 | 129.1 | 99.3 | 81.9 | 61.7 | 40.5 | 38.9 | 29.7 | 7.9 | 15.5 | 11.3 | 6.3 | 16 | 11.5 | 13.7 | 11.2 | 4.6 |
| EBIT | 576.1 | 669.5 | 671.9 | 653.4 | 676.7 | 331.2 | 545.2 | 482.3 | 409.5 | 444.0 | 298.1 | 296.4 | 241.7 | 181.7 | 145.9 | 119.6 | 111.3 | 117.2 | 92.9 | 76.9 | 58.0 | 36.4 | 35.0 | 29.7 | 7.9 | 11.8 | 7.8 | 3.1 | 13 | 8.7 | 10.3 | 8.8 | 1.5 |
| Income Before Tax | 482.3 | 577.3 | 519.4 | 564.4 | 619.5 | 268.1 | 462.6 | 423.5 | 383.5 | 421.3 | 281.2 | 280.8 | 225.8 | 174.4 | 140.4 | 114.2 | 99.7 | 104.2 | 88.0 | 69.8 | 51.4 | 33.8 | 28.8 | 17.9 | 6.4 | 9.1 | 2.2 | (4.2) | 8.3 | 4.5 | 3.6 | 4 | 3.6 |
| Income Tax Expense | 115.0 | 148.9 | 118.5 | 127.8 | 131.0 | 60.8 | 110.4 | 106.4 | 85.4 | 137.1 | 89.6 | 87.5 | 71.9 | 53.7 | 45.0 | 41.4 | 38.6 | 40.3 | 35.4 | 27.4 | 19.2 | 10.3 | 10.1 | 6.3 | 4.8 | 5.4 | 3.2 | (0.2) | 2.5 | 1.4 | 0.1 | 0.9 | 0.2 |
| Net Income | (277.7) | 428.4 | 400.9 | 436.6 | 488.5 | 207.3 | 352.2 | 317.2 | 298.1 | 284.2 | 191.6 | 193.3 | 153.9 | 120.7 | 95.5 | 72.9 | 61.2 | 63.9 | 52.6 | 42.4 | 32.2 | 23.6 | 18.7 | 17.1 | 1.6 | 4.0 | (1) | (4) | 5.2 | 0.5 | 3.5 | 3.1 | 3.4 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | -5.38 | 7.97 | 7.48 | 8.07 | 8.85 | 3.76 | 6.33 | 5.71 | 5.26 | 4.98 | 3.36 | 3.41 | 2.76 | 2.22 | 1.77 | 1.36 | 1.16 | 1.33 | 1.12 | 0.92 | 0.71 | 0.43 | 0.34 | 0.11 | 0.03 | 0.06 | -0.02 | -0.06 | 0.10 | 0.01 | 0.07 | 0.06 | 0.28 |
| EPS (Diluted) | -5.38 | 7.90 | 7.41 | 7.95 | 8.62 | 3.76 | 6.33 | 5.70 | 5.26 | 4.98 | 3.36 | 3.40 | 2.74 | 2.20 | 1.72 | 1.32 | 1.10 | 1.25 | 1.04 | 0.86 | 0.66 | 0.40 | 0.33 | 0.11 | 0.03 | 0.06 | -0.02 | -0.06 | 0.10 | 0.01 | 0.07 | 0.05 | 0.28 |
| Shares Outstanding | 51.7 | 53.7 | 53.6 | 54.1 | 55.2 | 55.1 | 55.6 | 55.6 | 56.7 | 57.0 | 57.0 | 56.8 | 55.8 | 54.4 | 54.0 | 53.4 | 52.8 | 47.9 | 47.1 | 45.9 | 45.1 | 55.2 | 54.4 | 53.9 | 53.9 | 59.8 | 61.0 | 64.9 | 52.9 | 50 | 52.5 | 56.4 | 49.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 222.2 | 689.5 | 247.5 | 162.0 | 180.4 | 268.1 | 94.5 | 71.7 | 89.7 | 68.5 | 8.4 | 6.1 | 3.8 | 3.7 | 8.4 | 3.8 | 2.1 | 14.5 | 6.8 | 12.3 | 1.4 | 1 | 0.7 | 0.4 |
| 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 |
| Net Receivables | 573.0 | 643.4 | 691.6 | 671.6 | 577.1 | 363.4 | 447.6 | 398.7 | 328.4 | 325.9 | 78.9 | 86.0 | 26.6 | 23.3 | 27.8 | 25.2 | 18.9 | 24.9 | 21.2 | 22.3 | 19.9 | 16.2 | 18.1 | 14.6 |
| Inventory | 692.6 | 841.6 | 935.9 | 1,077.7 | 837.4 | 540.2 | 585.7 | 521.8 | 424.6 | 368.2 | 90.6 | 91.6 | 32.8 | 25.4 | 27.2 | 29.1 | 18.4 | 16.9 | 20.5 | 24.1 | 21 | 26.6 | 21.1 | 22.5 |
| Other Current Assets | 1,213.6 | 131.6 | 65.6 | 85.2 | 92.3 | 81.0 | 61.2 | 50.9 | 55.4 | 42.7 | 33.3 | 18.4 | 8.9 | 12.8 | 13.3 | 11.3 | 5.1 | 4.1 | 3.8 | 4.2 | 7 | 3.1 | 1.3 | 1.3 |
| Total Current Assets | 2,742.6 | 2,330.0 | 1,965.9 | 2,006.0 | 1,707.1 | 1,270.5 | 1,209.2 | 1,061.6 | 931.9 | 811.7 | 217.0 | 209.7 | 84.0 | 67.0 | 77.8 | 70.5 | 44.5 | 60.4 | 52.3 | 62.9 | 49.3 | 46.9 | 41.2 | 38.8 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 431.6 | 526.0 | 620.3 | 443.5 | 381.0 | 344.5 | 352.1 | 314.6 | 281.9 | 221.6 | 47.3 | 44.8 | 23.0 | 24.9 | 27.5 | 30.6 | 19.0 | 21.3 | 22.6 | 21.8 | 18.8 | 24.3 | 23.3 | 23.2 |
| Goodwill | 1,799.6 | 2,518.2 | 2,486.3 | 2,411.8 | 2,243.5 | 1,934.3 | 1,849.7 | 1,743.2 | 1,264.8 | 1,092.7 | 358.5 | 266.7 | 74.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1,061.2 | 1,611.0 | 1,693.1 | 1,794.2 | 1,875.4 | 1,450.4 | 1,443.4 | 1,361.0 | 780.4 | 696.2 | 189.6 | 125.5 | 26.3 | 101.1 | 101.1 | 100.5 | 13.1 | 14 | 14.4 | 12.9 | 13.3 | 7.8 | 8.1 | 8.3 |
| Long-Term Investments | 0 | 28.0 | 39.9 | 58.2 | 0 | 0 | 0 | 13.5 | 10.3 | 8.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 271.9 | 263.6 | 93.3 | 154.4 | 143.5 | 126.8 | 110.7 | 23.7 | 25.8 | 34.4 | 3.9 | 7.9 | 1.6 | 1.7 | 1.6 | 7.6 | 1.8 | 3.3 | 8.1 | 5.9 | 4.6 | 5 | 4 | 2.9 |
| Total Non-Current Assets | 3,572.5 | 4,953.1 | 4,940.8 | 4,868.9 | 4,676.5 | 3,932.0 | 3,792.9 | 3,488.2 | 2,407.8 | 2,105.4 | 599.3 | 444.8 | 125.7 | 127.7 | 130.2 | 130.0 | 33.8 | 38.6 | 44.3 | 40.6 | 36.7 | 37.1 | 35.4 | 34.4 |
| Total Assets | 6,315.2 | 7,283.2 | 6,906.7 | 6,874.9 | 6,383.6 | 5,202.5 | 5,002.1 | 4,549.8 | 3,339.7 | 2,917.1 | 816.3 | 654.5 | 209.7 | 194.6 | 208.0 | 200.5 | 78.3 | 99 | 96.6 | 103.5 | 86 | 84 | 76.6 | 73.2 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 206.7 | 208.9 | 227.1 | 271.4 | 304.7 | 182.8 | 173.7 | 188.3 | 146.3 | 146.9 | 38.6 | 32.5 | 11.3 | 11.9 | 13.5 | 11.5 | 7.2 | 8.9 | 10.9 | 11.6 | 10.4 | 14 | 11.3 | 12.6 |
| Short-Term Debt | 44.4 | 43.9 | 44.8 | 45.6 | 27.3 | 22.9 | 2.9 | 3.2 | 5.1 | 5.9 | 7.5 | 6.4 | 10.5 | 14.5 | 14.4 | 10.0 | 0.2 | 7.1 | 1.9 | 3.6 | 3.9 | 1.7 | 1.8 | 3 |
| Deferred Revenue | 0 | 0 | 118.7 | 185.8 | 133.3 | 93.9 | 74.5 | 57.9 | 31.1 | 41.7 | 0 | 0 | 0 | 0 | 0 | (10.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 817.1 | 420.8 | 288.0 | 24.0 | 0 | 36.4 | 0 | 215.1 | 202.3 | 205.8 | 80.3 | 79.3 | 38.8 | 0 | 0 | 0 | 17.9 | 16.3 | 8.9 | 9.3 | 10 | 9.8 | 11.1 | 8.6 |
| Total Current Liabilities | 1,068.2 | 829.3 | 851.1 | 988.3 | 914.9 | 700.3 | 593.1 | 559.0 | 473.7 | 488.4 | 146.4 | 141.5 | 73.1 | 63.5 | 63.9 | 57.8 | 25.4 | 32.3 | 21.7 | 24.5 | 24.3 | 25.5 | 24.2 | 24.2 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 2,128.6 | 2,351.1 | 2,380.4 | 2,676.7 | 2,387.0 | 1,706.7 | 1,870.2 | 1,888.9 | 1,023.7 | 726.2 | 268.1 | 228.3 | 113.2 | 42 | 73.6 | 86.9 | 8.3 | 21 | 25.9 | 24.3 | 37.4 | 41.3 | 42.7 | 44.4 |
| Deferred Tax Liabilities | 156.7 | 252.1 | 216.1 | 220.2 | 186.9 | 147.2 | 133.5 | 113.9 | 87.8 | 77.8 | 14.2 | 33.7 | 11.4 | 8.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 185.4 | 94.2 | 105.9 | 99.2 | 400.5 | 671.7 | 458.4 | 322.8 | 393.4 | 359.4 | 45.0 | 23.0 | 4.7 | 18.8 | 25.9 | 13.9 | 7.2 | 2.5 | 4.3 | 0 | (0.1) | 0 | (0.1) | (0.1) |
| Total Non-Current Liabilities | 2,470.7 | 2,815.4 | 2,805.7 | 3,088.8 | 2,974.4 | 2,525.6 | 2,462.2 | 2,325.6 | 1,504.9 | 1,163.4 | 327.3 | 285.0 | 129.4 | 69.1 | 99.4 | 100.8 | 15.5 | 23.5 | 30.2 | 24.3 | 37.3 | 41.3 | 42.6 | 44.3 |
| Total Liabilities | 3,538.9 | 3,644.7 | 3,656.8 | 4,077.1 | 3,889.3 | 3,225.8 | 3,055.3 | 2,884.6 | 1,978.6 | 1,651.8 | 473.7 | 426.5 | 202.5 | 132.5 | 163.3 | 158.6 | 40.8 | 55.8 | 51.9 | 48.8 | 61.6 | 66.8 | 66.8 | 68.5 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 |
| Retained Earnings | 0 | 4,328.2 | 3,899.8 | 3,498.9 | 3,062.3 | 2,568.8 | 2,361.5 | 2,009.2 | 1,697.6 | 1,399.5 | 287.4 | 230.8 | 41.4 | 21.5 | 5.1 | (1.0) | (2.7) | (5.3) | (4.3) | (0.3) | (5.6) | (12.3) | (15.8) | (18.9) |
| Accumulated Other Comprehensive Income | 0 | (269.4) | (223.2) | (278.5) | (359.1) | (488.4) | (350.9) | (276.5) | (266.4) | (284.3) | (4.9) | (8.3) | (5.1) | (2.3) | (2.8) | (1.3) | (1.8) | (2.6) | (4.8) | (2.8) | (0.4) | (0.4) | 0 | 0 |
| Total Stockholders' Equity | 2,776.2 | 3,638.4 | 3,249.9 | 2,797.7 | 2,494.3 | 1,976.6 | 1,946.8 | 1,665.2 | 1,361.1 | 1,265.3 | 342.7 | 228.0 | 7.2 | 62.1 | 44.6 | 41.9 | 37.5 | 43.2 | 44.7 | 52.6 | 22.5 | 15.4 | 8 | 3.2 |
| Total Liabilities & Equity | 6,315.2 | 7,283.2 | 6,906.7 | 6,874.9 | 6,383.6 | 5,202.5 | 5,002.1 | 4,549.8 | 3,339.7 | 2,917.1 | 816.3 | 654.5 | 209.7 | 194.6 | 208.0 | 200.5 | 78.3 | 99 | 96.6 | 103.5 | 86 | 84 | 76.6 | 73.2 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 2,173.0 | 2,521.0 | 2,539.2 | 2,827.8 | 2,437.0 | 1,752.1 | 1,895.0 | 1,892.1 | 1,028.9 | 732.1 | 275.6 | 234.7 | 123.7 | 56.5 | 88.0 | 97.0 | 8.5 | 28.1 | 27.8 | 27.9 | 41.3 | 43 | 44.5 | 47.4 |
| Net Debt | 1,950.8 | 1,831.5 | 2,291.7 | 2,665.8 | 2,256.7 | 1,484.0 | 1,800.5 | 1,820.4 | 939.2 | 663.6 | 267.3 | 228.6 | 119.9 | 52.8 | 79.6 | 93.2 | 6.4 | 13.6 | 21 | 15.6 | 39.9 | 42 | 43.8 | 47 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | (277.7) | 428.4 | 400.9 | 436.6 | 488.5 | 207.3 | 352.2 | 317.2 | 298.1 | 284.2 | 32.2 | 23.6 | 18.7 | 6.1 | 1.6 | 3.8 | (1) | (4) | 5.2 | 0.5 | 3.5 | 3.1 | 3.4 |
| Depreciation & Amortization | 105.3 | 127.2 | 132.6 | 138.1 | 125.2 | 110.5 | 103.4 | 97.2 | 69.8 | 58.2 | 3.6 | 3.6 | 4.0 | 6.3 | 3.6 | 3.7 | 3.5 | 3.2 | 3 | 2.8 | 3.4 | 2.4 | 3.1 |
| Stock-Based Compensation | 13.5 | 36.2 | 51.0 | 58.4 | 42.3 | 19.6 | 8.1 | 2.5 | 6.2 | 27.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 4.2 | 35.9 | (23.9) | (239.0) | (195.6) | 174.9 | (79.7) | (74.9) | (104.3) | (97.6) | 2.4 | (15.4) | 5.2 | (1.7) | 4.7 | 6.8 | 4.3 | 0.9 | (6.3) | (6.8) | (1.4) | (0.6) | (2.9) |
| Other Non-Cash Items | 714.8 | 23.2 | 70.6 | (54.8) | (43.9) | (4.0) | (28.9) | 6.4 | 49.1 | 199.8 | 3.3 | (0.9) | 0.5 | 8.8 | 3.4 | 3.5 | 0.4 | 3 | 0.1 | 3.9 | (0.2) | 0.5 | (7.9) |
| Operating Cash Flow | 630.2 | 686.8 | 628.8 | 332.6 | 423.4 | 524.8 | 377.4 | 368.9 | 304.5 | 294.1 | 42.3 | 18.5 | 29.8 | 19.5 | 13.4 | 17.7 | 9.8 | 2.3 | 1.9 | 0.4 | 5.3 | 5.4 | (4.3) |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (71.8) | (49.3) | (87.0) | (69.5) | (51.6) | (41.9) | (46.6) | (41.4) | (54.5) | (24.8) | (1.4) | (1.2) | (1.0) | (1.1) | (0.5) | (0.7) | (1.4) | (3.8) | (5) | (3) | (3.2) | (2.3) | (1.2) |
| Acquisitions | (32.0) | (111.7) | (68.8) | (278.8) | (963.6) | (79.0) | (281.1) | (1,198.0) | (305.3) | (210.9) | (39.6) | (2) | (19.1) | 0 | (95.1) | 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 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3 | 0 | 0 |
| Other Investing Activities | (24.2) | 2.4 | (1.8) | 0 | 6.3 | 14.1 | 0 | (5.4) | 14.3 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | (0.2) | (1.3) | 6.3 | 4.8 | 0.1 | 0 | 17.4 |
| Investing Cash Flow | (126.9) | (158.5) | (155.7) | (348.3) | (1,008.9) | (106.8) | (327.7) | (1,239.4) | (345.5) | (235.7) | (41.0) | (3.2) | (20.1) | (1.1) | (95.5) | (0.7) | (1.6) | (5.1) | 1.3 | 1.8 | (1.8) | (2.3) | 16.2 |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | (227.4) | (35.0) | (308.5) | 290.3 | 602.0 | (162.9) | (17.7) | 857.7 | 295.7 | (29.3) | (2.1) | 65.3 | (12.9) | 67.4 | 71.2 | (20.0) | (0.1) | 1.7 | (24.5) | (1.8) | (2) | (3.4) | (12.1) |
| Stock Repurchased | (723.6) | (34.7) | (74.6) | (264.8) | (29.3) | (85.9) | (6.1) | 0 | (239.8) | (4.4) | 0 | (77.2) | 0 | (1.6) | (0.3) | (8.5) | (0.4) | (3.3) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (3.7) | (2.3) | 0 | 0 | (0.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (19.9) | (4.1) | (7.9) | (17.9) | (70.0) | (3.7) | (1.6) | (1.6) | 0 | (7.6) | 0 | 0 | 0 | (82.2) | 12.9 | (0.3) | 0 | (1.8) | 9.9 | (0.2) | (1.2) | 0.5 | 0 |
| Financing Cash Flow | (970.9) | (73.8) | (390.9) | 7.6 | 502.8 | (252.5) | (25.4) | 856.1 | 55.8 | (41.4) | (1.2) | (15.3) | (14.4) | (16.1) | 83.9 | (29.4) | (0.4) | (2.8) | 7.7 | (1.8) | (3.2) | (2.9) | (12.1) |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | (416.5) | 442.0 | 85.5 | (18.4) | (87.7) | 173.6 | 22.8 | (18.0) | 21.2 | 13.0 | 0.1 | 0.2 | (4.7) | 2.4 | 1.7 | (12.4) | 7.7 | (2.8) | 7.7 | (1.8) | (3.2) | (2.9) | (12.1) |
| Cash at Beginning | 638.8 | 247.5 | 162.0 | 180.4 | 268.1 | 94.5 | 71.7 | 89.7 | 68.5 | 55.5 | 3.8 | 3.7 | 8.4 | 6.0 | 2.1 | 14.5 | 6.8 | 12.3 | 1.4 | 1 | 0.7 | 0.4 | 0.7 |
| Cash at End | 222.2 | 689.5 | 247.5 | 162.0 | 180.4 | 268.1 | 94.5 | 71.7 | 89.7 | 68.5 | 3.9 | 3.8 | 3.7 | 8.4 | 3.8 | 2.1 | 14.5 | 9.5 | 9.1 | (0.8) | (2.5) | (2.5) | (11.4) |
| Free Cash Flow | 558.4 | 637.5 | 541.8 | 263.0 | 371.8 | 482.9 | 330.8 | 327.5 | 250.0 | 269.3 | 40.9 | 17.3 | 28.8 | 18.4 | 12.9 | 17.0 | 8.4 | (1.5) | (3.1) | (2.6) | 2.1 | 3.1 | (5.5) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 3,201.2 | 3,875.2 | 4,036.6 | 4,032.9 | 3,250.8 | 2,513.3 | 2,959.4 | 2,722.9 | 2,335.5 | 2,267.9 | 1,826.6 | 1,636.5 | 1,428.7 | 1,038.2 | 855.9 | 719.1 | 646.6 | 651.9 | 500.5 | 403.1 | 316.7 | 271.1 | 235.4 | 229.1 | 101.6 | 126.9 | 132.5 | 132.3 | 148.3 | 124.8 | 139.2 | 130 | 121.6 |
| Gross Profit | 1,251.9 | 1,470.4 | 1,534.1 | 1,446.6 | 1,194.9 | 882.0 | 1,103.5 | 1,004.1 | 912.7 | 901.2 | 706.5 | 640.6 | 550.0 | 403.0 | 344.1 | 286.7 | 250.6 | 248.1 | 192.4 | 156.9 | 121.7 | 102.6 | 85.9 | 78.5 | 31.5 | 48.8 | 44.4 | 39.4 | 48.8 | 40.3 | 43.1 | 38.7 | 33.3 |
| Operating Income | 588.8 | 656.2 | 634.9 | 639.6 | 630.0 | 324.4 | 514.0 | 446.0 | 410.3 | 446.2 | 302.6 | 300.4 | 244.5 | 188.1 | 148.7 | 122.8 | 111.4 | 119.6 | 92.9 | 76.9 | 58.0 | 38.3 | 35.0 | 29.7 | 7.9 | 11.8 | 7.8 | 3.1 | 13 | 8.7 | 10.3 | 8.8 | 1.5 |
| Net Income | (277.7) | 428.4 | 400.9 | 436.6 | 488.5 | 207.3 | 352.2 | 317.2 | 298.1 | 284.2 | 191.6 | 193.3 | 153.9 | 120.7 | 95.5 | 72.9 | 61.2 | 63.9 | 52.6 | 42.4 | 32.2 | 23.6 | 18.7 | 17.1 | 1.6 | 4.0 | (1) | (4) | 5.2 | 0.5 | 3.5 | 3.1 | 3.4 |
| EPS (Diluted) | -5.38 | 7.90 | 7.41 | 7.95 | 8.62 | 3.76 | 6.33 | 5.70 | 5.26 | 4.98 | 3.36 | 3.40 | 2.74 | 2.20 | 1.72 | 1.32 | 1.10 | 1.25 | 1.04 | 0.86 | 0.66 | 0.40 | 0.33 | 0.11 | 0.03 | 0.06 | -0.02 | -0.06 | 0.10 | 0.01 | 0.07 | 0.05 | 0.28 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 222.2 | 689.5 | 247.5 | 162.0 | 180.4 | 268.1 | 94.5 | 71.7 | 89.7 | 68.5 | 8.4 | 6.1 | 3.8 | 3.7 | 8.4 | 3.8 | 2.1 | 14.5 | 6.8 | 12.3 | 1.4 | 1 | 0.7 | 0.4 | |||||||||
| Total Assets | 6,315.2 | 7,283.2 | 6,906.7 | 6,874.9 | 6,383.6 | 5,202.5 | 5,002.1 | 4,549.8 | 3,339.7 | 2,917.1 | 816.3 | 654.5 | 209.7 | 194.6 | 208.0 | 200.5 | 78.3 | 99 | 96.6 | 103.5 | 86 | 84 | 76.6 | 73.2 | |||||||||
| Total Debt | 2,173.0 | 2,521.0 | 2,539.2 | 2,827.8 | 2,437.0 | 1,752.1 | 1,895.0 | 1,892.1 | 1,028.9 | 732.1 | 275.6 | 234.7 | 123.7 | 56.5 | 88.0 | 97.0 | 8.5 | 28.1 | 27.8 | 27.9 | 41.3 | 43 | 44.5 | 47.4 | |||||||||
| Stockholders' Equity | 2,776.2 | 3,638.4 | 3,249.9 | 2,797.7 | 2,494.3 | 1,976.6 | 1,946.8 | 1,665.2 | 1,361.1 | 1,265.3 | 342.7 | 228.0 | 7.2 | 62.1 | 44.6 | 41.9 | 37.5 | 43.2 | 44.7 | 52.6 | 22.5 | 15.4 | 8 | 3.2 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 630.2 | 686.8 | 628.8 | 332.6 | 423.4 | 524.8 | 377.4 | 368.9 | 304.5 | 294.1 | 42.3 | 18.5 | 29.8 | 19.5 | 13.4 | 17.7 | 9.8 | 2.3 | 1.9 | 0.4 | 5.3 | 5.4 | (4.3) | ||||||||||
| Capital Expenditure | (71.8) | (49.3) | (87.0) | (69.5) | (51.6) | (41.9) | (46.6) | (41.4) | (54.5) | (24.8) | (1.4) | (1.2) | (1.0) | (1.1) | (0.5) | (0.7) | (1.4) | (3.8) | (5) | (3) | (3.2) | (2.3) | (1.2) | ||||||||||
| Free Cash Flow | 558.4 | 637.5 | 541.8 | 263.0 | 371.8 | 482.9 | 330.8 | 327.5 | 250.0 | 269.3 | 40.9 | 17.3 | 28.8 | 18.4 | 12.9 | 17.0 | 8.4 | (1.5) | (3.1) | (2.6) | 2.1 | 3.1 | (5.5) | ||||||||||