Matador Resources Company logo MTDR - Matador Resources Company

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 31
HOLD 11
SELL 0
STRONG
SELL
0
| PRICE TARGET: $68.38 DETAILS
HIGH: $79.00
LOW: $50.00
MEDIAN: $68.50
CONSENSUS: $68.38
UPSIDE: 20.73%
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
Revenue
Revenue 941.6 848.0 915.1 925.7 1,006.2 978.3 860.1 855.2 785.3 832.3 771.8 649.9 563.7 707.5 840.9 974.7 565.7 562.3 520.7 442.8 336.2 257.6 221.8 151.5 224.3 247.7 279.4 241.7 173.9 289.9 207.2 211.4 191.2 153.6 126.3 129.6 134.8 85.0 88.7 45.2 44.1 67.3 98.4 78.1 72.4 153.9 112.2 90.9 74.0 68.7 71.4 66.0 54.9 51.9 38.0 36.1 29.2 10.8 18.9 20.9 13.7 5.9 9.6 7.5 9.2
Cost of Revenue 497.8 (1,342.1) 594.1 574.5 589.3 567.4 477.3 454.3 437.8 439.8 399.3 358.3 285.7 300.6 329.4 324.0 226.1 215.5 217.0 187.4 151.5 156.2 157.8 159.0 161.4 9.9 172.4 144.6 147.6 127.8 120.5 117.6 99.5 95.8 83.3 73.1 63.9 60.8 58.5 55.0 52.3 59.6 69.4 77.0 66.6 69.8 57.5 52.6 39.4 38.8 41.3 34.8 43.2 42.4 2.8 2.6 2.2 1.5 1.8 1.7 1.3 0.7 0.4 0.6 0.3
Gross Profit 443.8 2,191.4 321.0 351.2 416.8 410.9 382.9 400.9 347.5 392.5 372.5 291.6 278.0 406.9 511.5 650.7 339.6 346.8 303.7 255.4 184.7 101.4 64.0 (7.5) 62.9 237.8 107.0 97.1 26.2 162.0 86.7 93.7 91.7 57.7 43.0 56.5 70.9 24.2 30.3 (9.8) (8.2) 7.7 29.0 1.1 5.8 84.1 54.8 38.3 34.6 29.9 30.1 31.1 11.7 9.5 35.2 33.5 27.0 9.3 17.0 19.2 12.4 5.1 9.2 7.0 8.9
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 39.0 34.4 36.8 32.2 33.7 41.1 28.8 27.9 29.7 29.5 31.7 26.7 22.4 34.5 27.5 24.4 29.7 25.2 24.6 24.4 22.2 16.5 15.1 14.7 16.2 48.9 20.4 19.9 18.3 13.6 18.4 19.4 17.9 16.3 16.2 17.2 16.3 15.6 13.1 13.2 13.2 11.6 12.2 13.0 13.4 8.7 8.1 8.1 7.2 6.6 5.4 4.1 4.6 3.2 3.4 4.1 3.8 4.0 3.7 3.1 2.6 2.9 2.3 2.5 2.0
Other Expenses 88.0 1,943.3 (21.8) 0 (6.1) 9.7 (38.0) 9.4 (1.1) (2.6) 0.7 12.6 4.1 0.7 0.7 31.2 0.5 (3.5) 48.9 85.9 69.8 143.4 270.1 413.1 (146.8) 123.8 (0.2) (0.4) (0.1) 2.8 (1.0) (0.4) 0.1 1.6 (0.0) 1.9 0.1 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
Operating Expenses 127.0 1,977.7 15.0 32.2 27.7 50.8 (9.2) 37.3 28.6 26.9 32.4 39.3 26.5 35.2 28.2 55.7 30.3 21.7 73.5 110.3 92.0 160.0 285.2 427.8 (130.6) 172.7 20.9 20.3 18.7 14.0 18.8 19.7 18.3 16.7 16.5 17.5 16.6 15.9 13.4 13.5 13.4 11.9 12.3 13.1 13.5 8.9 8.2 8.2 7.3 6.7 5.5 4.2 4.7 3.3 31.7 30.4 19.7 14.8 13.1 13.3 11.4 9.1 7.6 7.3 6.8
Operating Income
Operating Income 316.8 212.4 306.0 319.0 389.2 360.1 392.1 363.6 319.0 365.6 340.0 252.3 251.4 371.7 483.3 595.0 309.3 325.1 230.2 145.1 92.7 (58.6) (221.1) (435.3) 193.5 65.0 86.1 76.8 7.5 148.1 67.9 74.0 73.4 41.0 26.5 39.0 54.3 8.2 16.9 (101.5) (102.1) (223.5) (269.1) (241.0) (74.8) 75.3 46.5 30.1 27.3 23.2 24.6 26.9 (14.3) (20.5) (9.7) (10.4) 7.1 5.2 6.8 7.2 (34.5) (1.4) 4.2 (1.6) 8.6
Interest Expense 51.5 55.0 50.6 53.3 49.5 60.0 36.2 36.0 39.6 35.7 35.4 34.2 16.2 16.4 16.0 18.5 16.3 19.1 18.0 17.9 19.6 20.4 18.2 18.3 19.8 19.7 18.2 18.1 17.9 14.5 10.3 8.0 8.5 8.3 8.6 9.2 8.5 8.0 6.9 6.2 7.2 6.6 7.2 5.9 2.1 1.6 0.7 1.6 1.4 0.8 2.0 1.6 1.3 0.5 0.1 0.0 0.3 0.2 0.2 0.2 0.1 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 0 0 0 0 0 0 0 0 0.5 0 0.5 0.4 0.6 0.3 0.4 0.0 0.0 0.1 0.0 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Profitability
EBITDA 327.7 550.3 615.7 596.5 676.5 653.4 637.0 587.4 531.8 589.2 521.2 446.1 378.1 501.5 602.8 710.7 405.7 413.1 318.4 236.6 166.9 31.3 (133.4) (344.1) 285.6 166.6 177.9 156.6 84.3 223.8 138.3 140.8 128.7 97.4 74.3 80.3 88.3 144.6 47.8 (80.7) (85.9) (86.5) (237.4) (200.5) (32.2) 119.7 81.9 62.3 51.3 47 50.8 47.2 14.0 6.8 12.0 9.5 18.4 14.2 13.7 15.5 (27.3) 3.1 8.1 2.2 12.0
EBIT 35.0 244.7 310.4 292.2 394.7 360.2 394.2 361.5 319.5 369.1 328.4 268.6 251.8 371.7 484.0 590.6 309.0 323.6 229.3 145.1 92.0 (58.5) (221.4) (437.5) 194.9 65.0 86.1 76.8 7.5 148.1 35.5 73.6 73.4 42.6 26.5 40.9 54.4 112.4 16.9 (99.6) (100.5) (222.0) (268.1) (240.5) (74.5) 75.3 46.5 30.1 27.3 23.2 24.6 26.8 (14.2) (20.8) (9.6) (10.4) 7.2 5.1 6.4 7.3 (34.4) (1.5) 4.3 (1.5) 8.7
Income Before Tax (16.5) 189.7 259.8 238.8 345.2 300.2 358.0 325.5 280.0 333.4 293.0 234.4 235.6 352.8 468.0 572.2 292.7 304.5 211.4 127.2 72.3 (78.8) (239.6) (455.8) 175.0 43.8 67.2 57.9 (10.5) 136.4 25.1 65.6 64.9 34.3 18.0 31.7 45.9 104.4 10.9 (105.7) (107.7) (228.6) (275.3) (246.4) (76.6) 74.2 46.1 28.9 25.9 22.4 22.7 25.2 (15.5) (21.4) (9.8) (10.4) 6.9 4.8 6.7 7.1 (34.5) (1.5) 4.3 (1.5) 8.7
Income Tax Expense (0.7) (25.8) 59.1 56.5 82.9 62.3 85.3 78.0 66.8 57.5 14.6 57.3 56.7 80.9 113.9 136.0 68.5 73.2 (6.7) 5.3 2.8 (2.2) 26.5 (109.8) 40.0 10.2 13.5 12.9 (1.0) (7.7) 0 0 0 (8.2) 0 0 0 0.1 (1.1) 0.1 (0.0) 1.7 (33.3) (89.3) (26.4) 27.7 16.5 10.6 9.5 7.1 2.6 0.0 0.0 (0.2) (0.6) (3.7) 3.1 1.4 0 (0.0) (6.9) (0.5) 1.6 (0.5) 3.0
Net Income (35.9) 192.5 176.4 150.2 240.1 214.5 248.3 228.8 193.7 254.5 263.7 164.7 163.1 253.8 337.6 415.7 207.1 214.8 203.6 105.9 60.6 (89.5) (276.1) (353.4) 125.7 24.0 44.0 36.8 (16.9) 136.7 17.8 59.8 59.9 38.3 15.0 28.5 44.0 104.2 11.9 (105.9) (107.7) (230.4) (242.1) (157.1) (50.2) 46.6 29.6 18.2 16.4 15.4 20.1 25.1 (15.5) (21.2) (9.2) (6.7) 3.8 3.4 6.7 7.2 (27.6) (1.0) 2.7 (1.0) 5.7
Per Share Data
EPS (Basic) -0.29 1.55 1.42 1.21 1.92 1.72 1.99 1.83 1.62 2.14 2.21 1.38 1.37 2.15 2.86 3.52 1.76 1.83 1.74 0.91 0.52 -0.77 -2.38 -3.04 1.08 0.21 0.38 0.32 -0.15 1.19 0.15 0.53 0.55 0.35 0.15 0.28 0.44 1.04 0.13 -1.15 -1.26 -2.72 -2.86 -1.89 -0.68 0.63 0.40 0.27 0.25 0.23 0.35 0.45 -0.28 -0.38 -0.17 -0.12 0.08 0.08 0.14 0.17 -0.65 -0.02 0.07 -0.02 0.13
EPS (Diluted) -0.29 1.55 1.42 1.21 1.92 1.71 1.99 1.83 1.61 2.12 2.20 1.37 1.36 2.11 2.82 3.47 1.73 1.80 1.71 0.89 0.51 -0.77 -2.38 -3.04 1.08 0.21 0.38 0.31 -0.15 1.19 0.15 0.53 0.55 0.35 0.15 0.28 0.44 1.04 0.13 -1.15 -1.26 -2.70 -2.86 -1.89 -0.68 0.63 0.40 0.26 0.25 0.23 0.35 0.45 -0.28 -0.38 -0.17 -0.12 0.08 0.08 0.14 0.17 -0.65 -0.02 0.07 -0.02 0.13
Shares Outstanding 123.5 124.3 124.7 124.4 125.2 125.0 124.8 124.8 119.7 119.2 119.1 119.2 119.0 118.3 118.1 118.1 118.0 117.4 117.0 116.8 116.8 116.1 116.0 116.1 116.6 116.6 116.6 116.6 113.0 115.3 116.4 112.7 108.9 107.7 100.4 100.2 99.8 95.0 93.4 92.0 85.3 84.7 84.6 82.9 73.8 73.4 73.3 68.5 65.7 65.7 58.0 55.8 55.3 55.3 55.3 55.3 50.0 42.8 42.8 42.7 42.7 40.6 40.6 42.8 42.8
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Current Assets
Cash & Cash Equivalents 92.5 79.5 20.1 86.8 14.5 23.0 23.3 15.2 23.2 106.3 25.9 22.3 448.7 505.2 400.5 230.4 63.0 48.1 73.1 44.6 17.9 57.9 41.8 20.6 27.1 40.0 15.7 60.0 20.8 64.5 45.9 122.5 27.0 96.5 20.2 131.5 209.7 212.9 20.6 40.9 118.3
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
Net Receivables 715.4 529.8 639.9 658.8 573.1 654.7 606.1 498.9 485.7 473.0 477.6 421.7 412.9 405.8 418.1 458.4 367.6 241.4 248.4 216.0 176.8 119.9 138.1 143.5 153.8 189.4 185.2 147.2 150.7 146.2 146.9 150.5 138.0 141.2 109.0 84.3 75.4 58.7 52.2 47.2 37.1
Inventory 45.6 43.8 43.5 43.1 35.0 38.5 34.1 38.0 39.9 41.8 35.5 30.8 20.0 15.2 14.4 13.2 12.5 12.2 12.1 11.7 11.0 10.6 11.8 11.9 11.6 10.7 14.7 20.3 18.8 17.6 18.8 12.6 8.8 6.0 4.8 3.0 2.9 3.0 3.2 3.0 1.9
Other Current Assets 231.3 163.4 213.3 127.2 156.4 211.1 183.7 83.3 96.9 94.8 85.6 82.5 124.8 94.1 42.7 55.8 57.3 40.8 37.8 40.7 34.4 57.4 31.7 36.2 150.9 25.1 40.6 33.1 30.7 69.4 7.1 26.9 26.2 7.2 10.8 22.1 16.3 1.3 1.8 5.7 18.0
Total Current Assets 1,084.8 816.6 916.8 915.9 891.1 927.3 847.2 738.4 754.1 715.9 711.4 634.4 1,006.5 1,071.8 926.9 800.9 536.3 371.3 396.6 333.6 256.9 261.6 237.2 227.3 356.6 278.5 269.3 273.4 230.0 305.7 225.4 320.9 207.0 257.2 150.3 246.8 310.0 279.2 81.0 94.6 173.1
Non-Current Assets
Property, Plant & Equipment 10,935.1 10,870.0 10,559.9 10,202.0 10,011.9 47.5 45.7 7,677.8 7,378.9 7,000.8 6,675.9 6,439.2 4,706.2 4,477.0 4,318.3 4,103.6 3,995.6 3,856.7 3,536.2 3,462.0 3,437.4 3,419.3 3,482.5 3,662.9 3,887.2 3,699.6 3,560.1 3,383.3 3,277.2 3,122.9 2,922.0 2,228.0 2,061.7 1,881.5 1,697.2 1,526.5 1,373.2 1,184.5 1,095.7 990.5 989.7
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 0 0 2.9 0 0 115 0 0 0.6 0 0 0 0 0 0 0 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 154.6 24.0 170.0 159.2 179.0 9,875.2 8,828.6 102.2 94.3 9.7 51.9 58.7 69.5 5.7 60.0 59.4 35.4 34.2 38.8 38.9 44.7 6.4 65.7 75.2 89.8 91.6 86.0 87.6 58.1 6.5 6.8 6.9 7.0 7.1 1.0 3.8 3.2 1.0 1.0 0.9 1.4
Total Non-Current Assets 11,089.7 11,056.4 10,729.9 10,364.1 10,190.9 9,922.8 9,776.1 7,780.0 7,473.2 7,049.1 6,727.8 6,497.9 4,775.6 4,482.7 4,378.3 4,162.9 4,031.1 3,890.8 3,588.9 3,500.9 3,482.0 3,425.7 3,549.0 3,773.8 3,977.0 3,791.2 3,667.3 3,478.1 3,353.3 3,149.8 2,928.8 2,234.9 2,068.7 1,888.5 1,698.2 1,530.3 1,376.4 1,185.5 1,096.7 991.5 991.1
Total Assets 12,174.5 11,873.0 11,646.7 11,279.9 11,082.0 10,850.1 10,623.3 8,518.4 8,227.3 7,764.9 7,439.2 7,132.3 5,782.1 5,554.5 5,305.1 4,963.9 4,567.3 4,262.2 3,985.5 3,834.5 3,738.9 3,687.3 3,786.2 4,001.1 4,333.7 4,069.7 3,936.6 3,751.5 3,583.3 3,455.5 3,154.2 2,555.8 2,275.7 2,145.7 1,848.5 1,777.1 1,686.4 1,464.7 1,177.7 1,086.1 1,164.2
Current Liabilities
Account Payables 702.4 179.3 125.6 143.7 129.0 147.1 114.2 96.2 121.8 68.2 81.4 75.3 45.3 58.8 61.1 39.5 34.0 26.3 33.4 13.6 30.2 14.0 18.7 15.7 17.7 25.2 40.6 19.8 48.1 67.0 32.5 25.3 31.1 11.8 13.8 7.4 5.3 4.7 4.5 9.5 5.9
Short-Term Debt 0 66.2 0 0 0 0 0 0 0 38.2 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
Deferred Revenue 61.1 0 0 109.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 286.1 253.4 222.9 20.5 254.9 219.2 257.5 241.1 219.7 190.4 142.0 124.0 6.4 5.9 5.4
Other Current Liabilities 715.5 786.0 209.7 818.7 484.7 848.2 765.2 383.8 388.4 578.9 321.4 333.6 97.6 218.4 94.8 139.2 143.8 63.9 145.2 160.1 123.2 112.8 65.1 78.6 59.6 69.2 170.8 140.6 128.2 130.9 174.8 127.5 153.5 156.5 133.1 132.9 89.5 109.7 27.6 85.3 68.4
Total Current Liabilities 1,479.0 1,031.5 1,257.2 1,071.8 1,129.6 995.4 966.0 856.5 851.3 685.3 722.3 687.0 601.4 575.9 625.2 609.1 537.9 464.8 472.8 422.6 376.4 290.9 286.4 344.8 359.9 399.8 403.4 336.8 328.4 330.0 326.8 263.6 306.5 282.6 252.1 212.2 167.3 169.5 151.6 136.1 119.4
Non-Current Liabilities
Long-Term Debt 3,468.9 3,400.9 3,219.6 3,286.0 3,176.5 2,114.9 3,596.2 1,981.6 1,971.6 2,205.8 2,188.7 2,202.7 1,170.5 1,160.2 1,192.8 1,320.3 1,498.0 1,527.6 1,519.7 1,634.3 1,715.4 1,815.0 1,842.0 1,745.2 1,662.3 1,582.4 1,514.0 1,483.6 1,398.2 1,297.8 1,065.1 574.2 574.1 574.1 574.0 574.0 574.0 573.9 457.2 391.8 391.6
Deferred Tax Liabilities 1,016.7 1,178.4 1,041.2 941.8 0 847.7 784.5 0 0 619.4 0 0 483.2 0 349.2 235.5 135.8 77.9 16.3 7.8 2.5 0 2.7 11.1 84.7 37.3 21.2 14.8 12.9 13.2 0 0 0 0 0 0 0 0 26.0 29.3 23.1
Other Non-Current Liabilities 296.8 185.2 272.9 253.7 1,041.6 439.4 180.4 821.0 763.5 115.2 645.9 617.2 71.2 481.3 72.3 56.9 58.1 64.4 68.9 67.7 64.0 46.5 77.5 81.6 72.4 80.7 34.2 75.6 50.8 21.6 39.9 38.3 32.3 31.5 29.6 28.5 29.6 29.8 33.4 135.6 128.1
Total Non-Current Liabilities 4,782.4 4,844.8 4,533.7 4,481.5 4,308.3 3,402.0 4,561.1 2,806.2 2,739.8 2,952.0 2,841.5 2,827.9 1,724.9 1,661.5 1,614.4 1,612.7 1,691.9 1,669.9 1,604.8 1,709.8 1,781.9 1,883.3 1,922.2 1,837.9 1,819.4 1,700.5 1,620.9 1,574.1 1,463.3 1,345.8 1,105.0 612.5 606.4 605.5 603.6 602.5 603.6 603.7 588.3 527.5 519.6
Total Liabilities 6,261.4 5,876.4 5,790.9 5,553.4 5,437.9 5,392.7 5,527.1 3,662.8 3,591.2 3,637.3 3,563.9 3,514.9 2,326.3 2,237.4 2,239.5 2,221.8 2,229.9 2,134.8 2,077.6 2,132.4 2,158.3 2,174.3 2,208.6 2,182.6 2,179.3 2,100.2 2,024.2 1,910.8 1,791.8 1,675.9 1,431.8 876.1 912.9 888.1 855.7 814.7 770.9 773.2 739.9 663.6 639
Stockholders' Equity
Common Stock 1.2 1.2 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.1 1.1 1.0 1.0 1.0 1.0 0.9 0.9 0.9
Retained Earnings 3,070.4 3,153.1 3,006.8 2,869.1 2,757.9 2,557.0 2,373.7 2,150.3 1,946.4 1,776.5 1,545.7 1,299.8 1,153.0 1,007.6 765.6 439.8 29.9 (171.3) (380.3) (581.0) (684.0) (741.7) (652.3) (376.2) (22.8) (148.5) (172.5) (216.5) (253.2) (236.3) (373.0) (390.8) (450.6) (510.5) (548.8) (563.9) (592.4) (636.4) (740.5) (752.4) (646.6)
Accumulated Other Comprehensive 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 (2,554.5) (2,462.8) (2,383.8) (2,306.9) (2,234.5) (2,164.0) (2,097.2) (2,041.8) (1,987.4) (1,939.6) (1,898.3) (1,864.3) (1,832.5) (1,802.5) (1,693.0)
Total Stockholders' Equity 5,584.9 5,658.1 5,506.0 5,366.2 5,287.5 5,089.1 4,870.6 4,631.6 4,418.2 3,910.9 3,662.7 3,402.9 3,252.9 3,110.8 2,858.8 2,529.2 2,118.6 1,907.2 1,688.0 1,479.8 1,359.4 1,286.5 1,371.9 1,643.8 1,991.3 1,833.7 1,795.3 1,736.5 1,690.8 1,688.9 1,547.2 1,524.5 1,232.2 1,156.6 906.2 889.7 852.3 690.1 436.6 421.5 524.2
Total Liabilities & Equity 12,174.5 11,873.0 11,646.7 11,279.9 11,082.0 10,850.1 10,623.3 8,518.4 8,227.3 7,764.9 7,439.2 7,132.3 5,782.1 5,554.5 5,305.1 4,963.9 4,567.3 4,262.2 3,985.5 3,834.5 3,738.9 3,687.3 3,786.2 4,001.1 4,333.7 4,069.7 3,936.6 3,751.5 3,583.3 3,455.5 3,154.2 2,555.8 2,275.7 2,145.7 1,848.5 1,777.1 1,686.4 1,464.7 1,177.7 1,086.1 1,164.2
Debt Metrics
Total Debt 3,468.9 3,547.5 3,329.7 3,286.0 3,267.2 2,114.9 3,682.8 1,989.7 1,980.7 2,255.6 2,200.0 2,215.1 1,214.7 1,225.0 1,239.7 1,360.5 1,532.7 1,559.8 1,552.7 1,665.1 1,738.6 1,873.2 1,864.5 1,767.2 1,683.2 1,600.6 1,514.0 1,483.6 1,398.2 1,297.8 1,065.1 574.2 574.1 574.1 574.0 574.0 574.0 573.9 457.2 391.8 391.6
Net Debt 3,376.5 3,468.0 3,309.5 3,199.2 3,252.7 2,091.9 3,659.5 1,974.4 1,957.5 2,149.3 2,174.0 2,192.8 766.0 719.8 839.3 1,130.1 1,469.7 1,511.6 1,479.6 1,620.5 1,720.7 1,815.3 1,822.7 1,746.7 1,656.1 1,560.6 1,498.3 1,423.7 1,377.5 1,233.3 1,019.1 451.7 547.1 477.6 553.8 442.5 364.3 361.0 436.6 351.0 273.2
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Operating Activities
Net Income (15.8) 192.5 200.6 182.4 262.2 237.9 272.7 247.5 213.2 275.9 278.4 177.1 178.9 271.9 354.0 436.2 224.2 231.2 218.1 121.8 69.5 (76.6) (266.1) (345.9) 135.1 33.6 53.8 45.1 (9.5) 144.1 25.1 65.6 64.9 42.4 18.0 31.7 45.9 104.3 12.0 (105.7) (107.7)
Depreciation & Amortization 292.7 305.5 305.4 302.6 281.9 293.2 242.8 225.9 212.3 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
Stock-Based Compensation 4.5 3.7 6.2 4.6 3.9 4.9 4.3 3.0 2.8 2.9 4.6 3.9 2.3 4.2 3.8 4.1 3.0 3.4 3.0 1.8 0.9 3.2 3.4 3.3 3.8 4.8 4.7 4.5 4.6 3.4 4.8 4.8 4.2 4.2 1.3 7.0 4.2 3.2 3.6 3.3 2.2
Change in Working Capital (93.7) (0.9) 123.3 (65.5) 119.4 (40.3) 15.4 50.8 (12.8) 77.9 (31.9) 32.4 (28.4) (19.8) 9.8 16.0 (123.9) 33.5 (4.7) (6.5) (23.3) 9.8 (7.6) (0.4) (24.9) 24.0 2.5 (2.5) (58.5) 50.1 11.1 (18.2) 21.4 (36.9) 21.5 (7.2) (2.5) (9.2) 4.9 (1.9) 8.1
Other Non-Cash Items 283.5 (0.2) (12.2) 43.7 0.5 17.7 (31.1) 17.8 3.5 209.1 204.3 173.3 134.9 112.1 75.7 90.4 172.6 (6.8) 81.6 135.7 119.5 223.5 353.4 553.9 (44.6) 126.4 84.2 75.3 123.6 (8.4) 124.0 65.8 45.7 66.9 60.5 28.4 13.7 (60.7) 26.3 135.6 115.7
Operating Cash Flow 470.5 474.4 721.7 501.0 727.9 575.0 610.4 592.9 468.6 618.3 461.0 449.0 339.5 446.5 557.0 646.3 329.0 334.5 291.2 258.2 169.4 157.6 109.6 101.0 109.4 198.9 158.6 135.3 59.2 189.2 165.1 118.1 136.1 76.6 101.3 59.9 61.3 37.6 46.9 31.2 18.4
Investing Activities
Capital Expenditure (458.8) (588.0) (563.1) (498.3) (533.9) (516.4) (424.6) (481.6) (544.2) (495.2) (423.9) (366.8) (343.9) (276.4) (240.2) (303.6) (263.8) (345.6) (136.5) (142.2) (109.2) (114.7) (205.9) (211.6) (248.2) (265.2) (244.5) (199.8) (216.4) (294.8) (727.6) (280.4) (220.8) (222.4) (227.2) (145.3) (225.3) (108.6) (135.4) (108.2) (101.8)
Acquisitions 0 3.3 (3.3) 0 0 113.6 (1,736.0) 0 0 0 1,608.4 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
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
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
Other Investing Activities (457.9) (3.3) (423.0) (451.6) (430) (372.4) (358.9) (523.0) (341.1) (481.8) (1,967.3) (1,943.2) (239.6) (255.5) (179.0) (163.9) (208.1) (136.7) (118.2) (133.5) (102.2) (41.3) (188.7) (199.6) (207.4) (265.1) (242.7) (178.4) (214.1) (251.2) (726.7) (272.1) (220.2) (177.4) (188.3) (123.8) (204.1) (90.3) (122.0) (88.0) (30.5)
Investing Cash Flow (457.9) (588.0) (563.0) (495.0) (511.7) (391.4) (2,160.6) (576.8) (543.3) (548.9) (423.6) (1,895.3) (343.5) (276.4) (240.1) (269.1) (251.9) (345.6) (132.6) (142.2) (108.9) (114.5) (202.4) (210.5) (248.2) (264.9) (244.4) (179.8) (214.9) (294.7) (727.0) (272.8) (220.8) (217.7) (227.2) (144.7) (225.0) (108.0) (131.6) (108.1) (57.9)
Financing Activities
Net Debt Issuance 50.1 179.1 (68) 108 (150.5) (270.5) 1,624 21.8 (236) 17 (15) 1,039.8 10 (35.3) (121.6) (177.4) (30) 7.5 (115) (81.5) (100) 7.6 96.4 82.5 79.5 67.7 30 85.3 99.7 236.5 469.2 0 0 0 0 0 0 119.6 65 0 0
Stock Repurchased (0.7) (5.1) (6.5) (44.8) (10.5) (2.4) (0.1) (0.9) (13.5) (0.1) (0.0) (3.9) (18.9) (1.0) (1.4) (4.7) (12.2) (4.3) (1.3) (1.2) (1.7) 0 (0.1) (0.2) (1.3) (0.0) (0.4) (0.1) (3.2) (0.4) (1.4) (0.2) (4.5) (1.3) (1.4) (1.1) (1.9) (0.4) (0.5) (0.4) (0.6)
Dividends Paid (46.8) (46.3) (38.7) (39.0) (39.2) (31.3) (24.9) (24.9) (23.9) (23.7) (17.8) (17.9) (17.8) (11.8) (11.8) (5.9) (5.9) (5.8) (2.9) (2.9) (2.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (2.2) (31.0) (36.0) (21.0) (33.2) 138.4 (35.8) (22.5) 316.2 (18.6) (8.2) (9.3) (13.3) (16.5) (22.7) (27.1) 4.2 (7.2) (10.9) 0.6 1.0 (27.2) 20.9 13.9 52.4 22.4 2.1 (2.3) 21.9 (99.6) 3.5 245.7 39.4 218.7 11.7 8.1 175.7 23.5 64.9 (0.2) 141.7
Financing Cash Flow 0.4 96.7 (149.1) 3.3 (233.4) (165.8) 1,563.3 (26.5) 42.8 (25.4) (41.0) 1,008.7 (39.9) (64.6) (157.4) (215.1) (43.8) (9.8) (130.1) (85.0) (103.6) (19.6) 117.2 96.2 130.5 90.3 41.8 82.6 118.4 136.5 471.4 245.5 34.9 217.4 10.3 7.0 173.8 262.7 64.4 (0.6) 141.2
Cash Position
Net Change in Cash 13.0 (16.9) 9.6 9.3 (17.2) 17.7 13.1 (10.4) (32.0) 44.1 (3.7) (437.6) (43.9) 105.6 159.4 162.1 33.2 (20.9) 28.6 31.0 (43.1) 23.5 24.4 (13.3) (8.3) 24.3 (44.0) 38.0 (37.3) 31.0 (90.5) 90.7 (49.7) 76.3 (111.3) (78.2) (3.2) 192.3 (20.3) (77.5) 101.6
Cash at Beginning 79.5 96.4 86.8 77.5 94.7 77.0 63.9 74.3 106.3 62.2 65.8 503.4 547.3 441.7 282.3 120.2 86.9 107.8 79.2 48.3 91.4 67.9 43.5 56.8 65.1 40.8 84.8 46.7 84.0 53.0 143.5 52.8 102.5 20.2 131.5 209.7 212.9 20.6 40.9 118.3 16.7
Cash at End 92.5 79.5 96.4 86.8 77.5 94.7 77.0 63.9 74.3 106.3 62.2 65.8 503.4 547.3 441.7 282.3 120.2 86.9 107.8 79.2 48.3 91.4 67.9 43.5 56.8 65.1 40.8 84.8 46.7 84.0 53.0 143.5 52.8 96.5 20.2 131.5 209.7 212.9 20.6 40.9 118.3
Free Cash Flow 11.8 (113.6) 158.5 2.7 194.0 58.5 185.8 111.3 (75.7) 123.2 37.1 82.2 (4.4) 170.2 316.7 342.7 65.1 (11.1) 154.8 116.0 60.2 42.9 (96.3) (110.6) (138.8) (66.3) (85.9) (64.5) (157.2) (105.6) (562.5) (162.3) (84.6) (145.8) (125.9) (85.4) (164.0) (71.0) (88.5) (76.9) (83.4)
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
Income Statement
Revenue 941.6 848.0 915.1 925.7 1,006.2 978.3 860.1 855.2 785.3 832.3 771.8 649.9 563.7 707.5 840.9 974.7 565.7 562.3 520.7 442.8 336.2 257.6 221.8 151.5 224.3 247.7 279.4 241.7 173.9 289.9 207.2 211.4 191.2 153.6 126.3 129.6 134.8 85.0 88.7 45.2 44.1 67.3 98.4 78.1 72.4 153.9 112.2 90.9 74.0 68.7 71.4 66.0 54.9 51.9 38.0 36.1 29.2 10.8 18.9 20.9 13.7 5.9 9.6 7.5 9.2
Gross Profit 443.8 2,191.4 321.0 351.2 416.8 410.9 382.9 400.9 347.5 392.5 372.5 291.6 278.0 406.9 511.5 650.7 339.6 346.8 303.7 255.4 184.7 101.4 64.0 (7.5) 62.9 237.8 107.0 97.1 26.2 162.0 86.7 93.7 91.7 57.7 43.0 56.5 70.9 24.2 30.3 (9.8) (8.2) 7.7 29.0 1.1 5.8 84.1 54.8 38.3 34.6 29.9 30.1 31.1 11.7 9.5 35.2 33.5 27.0 9.3 17.0 19.2 12.4 5.1 9.2 7.0 8.9
Operating Income 316.8 212.4 306.0 319.0 389.2 360.1 392.1 363.6 319.0 365.6 340.0 252.3 251.4 371.7 483.3 595.0 309.3 325.1 230.2 145.1 92.7 (58.6) (221.1) (435.3) 193.5 65.0 86.1 76.8 7.5 148.1 67.9 74.0 73.4 41.0 26.5 39.0 54.3 8.2 16.9 (101.5) (102.1) (223.5) (269.1) (241.0) (74.8) 75.3 46.5 30.1 27.3 23.2 24.6 26.9 (14.3) (20.5) (9.7) (10.4) 7.1 5.2 6.8 7.2 (34.5) (1.4) 4.2 (1.6) 8.6
Net Income (35.9) 192.5 176.4 150.2 240.1 214.5 248.3 228.8 193.7 254.5 263.7 164.7 163.1 253.8 337.6 415.7 207.1 214.8 203.6 105.9 60.6 (89.5) (276.1) (353.4) 125.7 24.0 44.0 36.8 (16.9) 136.7 17.8 59.8 59.9 38.3 15.0 28.5 44.0 104.2 11.9 (105.9) (107.7) (230.4) (242.1) (157.1) (50.2) 46.6 29.6 18.2 16.4 15.4 20.1 25.1 (15.5) (21.2) (9.2) (6.7) 3.8 3.4 6.7 7.2 (27.6) (1.0) 2.7 (1.0) 5.7
EPS (Diluted) -0.29 1.55 1.42 1.21 1.92 1.71 1.99 1.83 1.61 2.12 2.20 1.37 1.36 2.11 2.82 3.47 1.73 1.80 1.71 0.89 0.51 -0.77 -2.38 -3.04 1.08 0.21 0.38 0.31 -0.15 1.19 0.15 0.53 0.55 0.35 0.15 0.28 0.44 1.04 0.13 -1.15 -1.26 -2.70 -2.86 -1.89 -0.68 0.63 0.40 0.26 0.25 0.23 0.35 0.45 -0.28 -0.38 -0.17 -0.12 0.08 0.08 0.14 0.17 -0.65 -0.02 0.07 -0.02 0.13
Balance Sheet
Cash & Equivalents 92.5 79.5 20.1 86.8 14.5 23.0 23.3 15.2 23.2 106.3 25.9 22.3 448.7 505.2 400.5 230.4 63.0 48.1 73.1 44.6 17.9 57.9 41.8 20.6 27.1 40.0 15.7 60.0 20.8 64.5 45.9 122.5 27.0 96.5 20.2 131.5 209.7 212.9 20.6 40.9 118.3
Total Assets 12,174.5 11,873.0 11,646.7 11,279.9 11,082.0 10,850.1 10,623.3 8,518.4 8,227.3 7,764.9 7,439.2 7,132.3 5,782.1 5,554.5 5,305.1 4,963.9 4,567.3 4,262.2 3,985.5 3,834.5 3,738.9 3,687.3 3,786.2 4,001.1 4,333.7 4,069.7 3,936.6 3,751.5 3,583.3 3,455.5 3,154.2 2,555.8 2,275.7 2,145.7 1,848.5 1,777.1 1,686.4 1,464.7 1,177.7 1,086.1 1,164.2
Total Debt 3,468.9 3,547.5 3,329.7 3,286.0 3,267.2 2,114.9 3,682.8 1,989.7 1,980.7 2,255.6 2,200.0 2,215.1 1,214.7 1,225.0 1,239.7 1,360.5 1,532.7 1,559.8 1,552.7 1,665.1 1,738.6 1,873.2 1,864.5 1,767.2 1,683.2 1,600.6 1,514.0 1,483.6 1,398.2 1,297.8 1,065.1 574.2 574.1 574.1 574.0 574.0 574.0 573.9 457.2 391.8 391.6
Stockholders' Equity 5,584.9 5,658.1 5,506.0 5,366.2 5,287.5 5,089.1 4,870.6 4,631.6 4,418.2 3,910.9 3,662.7 3,402.9 3,252.9 3,110.8 2,858.8 2,529.2 2,118.6 1,907.2 1,688.0 1,479.8 1,359.4 1,286.5 1,371.9 1,643.8 1,991.3 1,833.7 1,795.3 1,736.5 1,690.8 1,688.9 1,547.2 1,524.5 1,232.2 1,156.6 906.2 889.7 852.3 690.1 436.6 421.5 524.2
Cash Flow
Operating Cash Flow 470.5 474.4 721.7 501.0 727.9 575.0 610.4 592.9 468.6 618.3 461.0 449.0 339.5 446.5 557.0 646.3 329.0 334.5 291.2 258.2 169.4 157.6 109.6 101.0 109.4 198.9 158.6 135.3 59.2 189.2 165.1 118.1 136.1 76.6 101.3 59.9 61.3 37.6 46.9 31.2 18.4
Capital Expenditure (458.8) (588.0) (563.1) (498.3) (533.9) (516.4) (424.6) (481.6) (544.2) (495.2) (423.9) (366.8) (343.9) (276.4) (240.2) (303.6) (263.8) (345.6) (136.5) (142.2) (109.2) (114.7) (205.9) (211.6) (248.2) (265.2) (244.5) (199.8) (216.4) (294.8) (727.6) (280.4) (220.8) (222.4) (227.2) (145.3) (225.3) (108.6) (135.4) (108.2) (101.8)
Free Cash Flow 11.8 (113.6) 158.5 2.7 194.0 58.5 185.8 111.3 (75.7) 123.2 37.1 82.2 (4.4) 170.2 316.7 342.7 65.1 (11.1) 154.8 116.0 60.2 42.9 (96.3) (110.6) (138.8) (66.3) (85.9) (64.5) (157.2) (105.6) (562.5) (162.3) (84.6) (145.8) (125.9) (85.4) (164.0) (71.0) (88.5) (76.9) (83.4)