MTN - Vail Resorts, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$144.82
DETAILS
HIGH:
$191.00
LOW:
$117.00
MEDIAN:
$139.00
CONSENSUS:
$144.82
DOWNSIDE:
3.07%
| Metric | 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||
| Revenue | 2,838.2 | 2,964.3 | 2,885.2 | 2,889.4 | 2,525.9 | 1,909.7 | 1,963.7 | 2,271.6 | 2,011.6 | 1,907.2 | 1,601.3 | 1,399.9 | 1,254.6 | 1,120.8 | 1,024.4 | 1,167.0 | 894.8 | 977.0 | 1,152.2 | 940.5 | 838.9 | 810.0 | 726.6 | 713.0 | 615.3 | 543.8 | 539.1 | 475.7 | 330.5 | 330.5 | 188.8 |
| Cost of Revenue | 1,653.2 | 1,696.2 | 1,655.9 | 1,668.2 | 1,349.3 | 1,079.7 | 1,187.7 | 1,297.3 | 1,144.2 | 1,086.0 | 943.5 | 878.7 | 994.2 | 896.6 | 836.0 | 951.5 | 720.3 | 762.6 | 881.5 | 722.1 | 642.5 | 627.6 | 551.6 | 590.6 | 497.5 | 495.8 | 429.8 | 380.1 | 239 | 239.0 | 130.7 |
| Gross Profit | 1,185.0 | 1,268.2 | 1,229.3 | 1,221.1 | 1,176.6 | 830.0 | 776.0 | 974.3 | 867.3 | 821.2 | 657.8 | 521.2 | 260.5 | 224.2 | 188.4 | 215.5 | 174.5 | 214.4 | 270.6 | 218.4 | 196.4 | 182.4 | 175.0 | 122.4 | 117.8 | 48.0 | 109.3 | 95.6 | 91.5 | 91.5 | 58.1 |
| 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 |
| SG&A Expenses | 434.0 | 433.7 | 410.0 | 389.5 | 347.5 | 297.0 | 278.7 | 274.4 | 251.8 | 236.8 | 209.0 | 179.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.2 | 4.7 | 4.7 | 12.7 |
| Other Expenses | 330.5 | 274.5 | 330.4 | 327.2 | 227.4 | 272.0 | 273.9 | 223.6 | 206.7 | 205.1 | 165.8 | 131.0 | 143.2 | 127.2 | 129.0 | 121.1 | 105.2 | 108.3 | 94.6 | 90.2 | 91.0 | 94.0 | 93.2 | 87.9 | 68.7 | (1) | 61.7 | 47.0 | 34 | 34.0 | 18.1 |
| Operating Expenses | 764.5 | 708.2 | 740.4 | 716.7 | 574.9 | 569.0 | 552.6 | 498.0 | 458.5 | 441.9 | 374.8 | 310.7 | 143.2 | 127.2 | 129.0 | 121.1 | 105.2 | 108.3 | 94.6 | 90.2 | 91.0 | 94.0 | 93.2 | 87.9 | 68.7 | (1) | 61.7 | 53.3 | 38.7 | 38.7 | 30.8 |
| Operating Income | |||||||||||||||||||||||||||||||
| Operating Income | 420.5 | 560.0 | 488.8 | 504.4 | 601.7 | 261.0 | 223.4 | 476.3 | 408.8 | 379.3 | 283.0 | 210.5 | 117.3 | 97.0 | 59.3 | 94.5 | 69.3 | 106.1 | 176.0 | 128.2 | 105.3 | 88.3 | 81.8 | 34.5 | 49.1 | 49.0 | 47.5 | 42.4 | 52.8 | 52.8 | 27.3 |
| Interest Expense | 205.6 | 171.6 | 164.6 | 155.4 | 148.2 | 151.4 | 106.7 | 79.5 | 63.2 | 54.1 | 42.4 | 51.2 | 64.0 | 39.0 | 33.6 | 33.6 | 17.5 | 27.5 | 30.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25.1 | (16) | 20.3 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.5 | 0.7 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||
| EBITDA | 738.2 | 870.5 | 780.8 | 795.0 | 857.7 | 529.2 | 472.7 | 696.6 | 607.8 | 591.7 | 446.5 | 349.7 | 248.7 | 230.9 | 188.3 | 207.1 | 181.9 | 216.0 | 290.5 | 217.9 | 196.5 | 178.3 | 168.2 | 116.7 | 118.9 | 114.5 | 109.3 | 95.6 | 85.6 | 88.0 | 45.4 |
| EBIT | 432.6 | 574.0 | 504.4 | 525.9 | 605.3 | 276.6 | 223.2 | 478.5 | 403.3 | 402.5 | 285.0 | 200.6 | 108.1 | 98.2 | 60.7 | 89.2 | 71.3 | 108.7 | 196.7 | 130.3 | 110.4 | 88.3 | 81.8 | 34.5 | 49.1 | 49.0 | 47.5 | 42.4 | 38 | 54.0 | 27.3 |
| Income Before Tax | 227.0 | 402.4 | 339.8 | 370.4 | 457.2 | 125.2 | 116.4 | 399.0 | 340.1 | 348.4 | 242.6 | 149.3 | 44.1 | 59.2 | 27.1 | 55.5 | 53.8 | 81.2 | 166.0 | 100.7 | 75.0 | 37.6 | (8.5) | (14.0) | 16.7 | 24.8 | 19.2 | 20.8 | 33.7 | 33.7 | 8.9 |
| Income Tax Expense | 56.2 | 104.4 | 92.8 | 87.6 | 88.8 | 0.7 | 7.4 | 75.5 | (61.1) | 116.7 | 93.2 | 34.7 | 15.9 | 21.6 | 10.7 | 21.1 | 18.0 | 30.6 | 63.1 | 39.3 | 29.3 | 14.5 | (2.6) | (5.5) | 6.8 | 11.2 | 8.8 | 8.0 | 14 | 14.0 | 4.2 |
| Net Income | 147.5 | 280.0 | 231.1 | 265.8 | 347.9 | 127.8 | 98.8 | 301.2 | 379.9 | 210.6 | 149.8 | 114.8 | 28.5 | 37.7 | 16.5 | 34.5 | 30.4 | 49.0 | 102.9 | 61.4 | 45.8 | 23.1 | (6.0) | (8.5) | 7.0 | 13.6 | 10.4 | 12.8 | 19.7 | 19.7 | 4.7 |
| Per Share Data | |||||||||||||||||||||||||||||||
| EPS (Basic) | 4.13 | 7.54 | 6.08 | 6.70 | 8.60 | 3.17 | 2.45 | 7.46 | 9.40 | 5.36 | 4.13 | 3.16 | 0.79 | 1.05 | 0.46 | 0.96 | 0.84 | 1.34 | 2.67 | 1.58 | 1.21 | 0.65 | -0.17 | -0.24 | 0.20 | 0.39 | 0.30 | 0.37 | 0.66 | 0.22 | 0.22 |
| EPS (Diluted) | 4.12 | 7.53 | 6.07 | 6.69 | 8.55 | 3.13 | 2.42 | 7.32 | 9.13 | 5.22 | 4.01 | 3.07 | 0.77 | 1.03 | 0.45 | 0.94 | 0.83 | 1.33 | 2.64 | 1.56 | 1.19 | 0.64 | -0.17 | -0.24 | 0.20 | 0.33 | 0.29 | 0.25 | 0.64 | 0.22 | 0.22 |
| Shares Outstanding | 35.7 | 37.2 | 37.9 | 39.7 | 40.5 | 40.3 | 40.3 | 40.3 | 40.4 | 39.3 | 36.3 | 36.3 | 35.9 | 35.9 | 36.0 | 36.0 | 36.2 | 36.5 | 38.6 | 38.9 | 37.8 | 35.6 | 35.1 | 35.2 | 35.2 | 35.0 | 34.4 | 34.6 | 30.1 | 21.5 | 21.1 |
| Metric | 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 231.3 | 440.3 | 322.8 | 563.0 | 1,107.4 | 1,244.0 | 391.0 | 108.8 | 178.1 | 117.4 | 67.9 | 35.5 | 44.4 | 138.6 | 46.1 | 70.1 | 14.7 | 69.3 | 162.3 | 230.8 | 191.8 | 136.6 | 46.3 | 7.9 | 13.1 | 8.7 | 8.8 | 18.3 | 13.4 | 14.7 | 12.7 |
| Short-Term Investments | 37.1 | 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 |
| Net Receivables | 355.3 | 382.4 | 375.8 | 381.1 | 383.4 | 345.4 | 106.7 | 270.9 | 230.8 | 186.9 | 147.1 | 114.0 | 96.0 | 79.0 | 65.7 | 58.5 | 53.6 | 58.1 | 50.2 | 43.6 | 35.9 | 33.1 | 37.0 | 49.7 | 31.8 | 26.7 | 39.4 | 29.7 | 26.5 | 22.1 | 5.7 |
| Inventory | 134.6 | 117.2 | 119.0 | 132.5 | 108.7 | 80.3 | 101.9 | 96.5 | 85.6 | 84.8 | 74.6 | 73.5 | 67.2 | 68.3 | 65.9 | 54.0 | 48.3 | 48.9 | 49.7 | 48.1 | 42.3 | 36.1 | 31.2 | 31.8 | 32.3 | 26.9 | 24.1 | 22.8 | 8.9 | 10.8 | 4.6 |
| Other Current Assets | 61.3 | 51.9 | 42.3 | 88.3 | 192.0 | 75.9 | 65.6 | 51.7 | 44.2 | 44.0 | 33.3 | 65.2 | 67.5 | 57.5 | 54.7 | 62.9 | 54.1 | 52.7 | 96.7 | 89.2 | 56.0 | 77.1 | 41.3 | 39.5 | 32.1 | 40.6 | 28.0 | 21.9 | 23.0 | 28.8 | 22.8 |
| Total Current Assets | 876.5 | 1,049.8 | 911.4 | 1,208.1 | 1,791.5 | 1,745.6 | 665.1 | 527.9 | 538.7 | 433.1 | 322.9 | 288.1 | 275.0 | 343.5 | 232.4 | 245.6 | 170.7 | 229.0 | 358.9 | 411.6 | 326.0 | 282.9 | 155.7 | 117.0 | 109.4 | 102.9 | 100.4 | 92.7 | 71.7 | 76.4 | 45.8 |
| Non-Current Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 2,561.4 | 2,617.1 | 2,679.3 | 2,563.8 | 2,310.1 | 2,272.6 | 2,418.4 | 1,842.5 | 1,627.2 | 1,714.2 | 1,363.8 | 1,386.3 | 1,148.0 | 1,169.3 | 1,049.2 | 1,021.7 | 1,027.4 | 1,057.7 | 1,056.8 | 885.9 | 851.1 | 843.0 | 968.8 | 932.3 | 913.8 | 691.1 | 655.2 | 611.1 | 501.4 | 411.1 | 192.7 |
| Goodwill | 1,674.0 | 1,675.2 | 1,678.0 | 1,720.3 | 1,754.9 | 1,781.0 | 1,709.0 | 1,608.2 | 1,475.7 | 1,519.7 | 509.0 | 500.4 | 378.1 | 348.8 | 269.8 | 268.1 | 181.1 | 167.9 | 142.3 | 141.7 | 135.8 | 135.5 | 145.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 293.6 | 298.5 | 302.5 | 309.3 | 314.1 | 319.1 | 314.8 | 306.2 | 280.6 | 294.9 | 140.0 | 144.1 | 117.5 | 121.3 | 92.1 | 91.1 | 89.3 | 79.4 | 72.5 | 73.5 | 75.1 | 77.0 | 85.2 | 233.5 | 217.6 | 195.0 | 194.9 | 201.5 | 26.5 | 200.3 | 85.1 |
| Long-Term Investments | 0 | 87.9 | 86.5 | 90.2 | 96.0 | (252.8) | (234.2) | (168.8) | 107.1 | 111.0 | 118.6 | 7.4 | 7.5 | (25.2) | 237.7 | 273.7 | 422.2 | 311.5 | (15.1) | (15.1) | (11.9) | (11.4) | (12.1) | (10.1) | (10.4) | (9.2) | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 121.0 | 49.4 | (239.1) | (220.2) | (217.1) | 132.7 | 136.9 | 141.3 | (98.2) | (133.6) | (102.3) | 135.3 | 218.4 | 292.5 | 22.1 | 16.9 | 10.7 | 17.7 | 295.4 | 396.4 | 299.6 | 187.5 | 179.2 | 172.7 | 206.9 | 199.1 | 177.4 | 183.9 | 152.9 | 168.1 | 99 |
| Total Non-Current Assets | 4,650.0 | 4,728.1 | 4,787.1 | 4,739.6 | 4,526.5 | 4,505.5 | 4,579.1 | 3,898.1 | 3,526.2 | 3,677.6 | 2,159.2 | 2,201.5 | 1,898.8 | 1,932.0 | 1,695.2 | 1,700.6 | 1,752.1 | 1,655.5 | 1,567.1 | 1,497.5 | 1,361.7 | 1,243.0 | 1,378.2 | 1,338.4 | 1,338.3 | 1,085.2 | 1,027.5 | 996.5 | 840.4 | 779.5 | 376.8 |
| Total Assets | 5,526.4 | 5,777.9 | 5,698.4 | 5,947.8 | 6,318.0 | 6,251.1 | 5,244.2 | 4,426.1 | 4,065.0 | 4,110.7 | 2,482.0 | 2,489.6 | 2,173.8 | 2,275.4 | 1,927.6 | 1,946.2 | 1,922.8 | 1,884.5 | 1,926.0 | 1,909.1 | 1,687.6 | 1,525.9 | 1,534.0 | 1,455.4 | 1,447.7 | 1,188.1 | 1,127.8 | 1,089.2 | 912.1 | 855.9 | 422.6 |
| Current Liabilities | |||||||||||||||||||||||||||||||
| Account Payables | 153.1 | 140.0 | 141.2 | 148.5 | 151.3 | 98.3 | 59.7 | 96.4 | 80.8 | 71.6 | 72.7 | 62.1 | 71.8 | 61.4 | 56.5 | 58.8 | 78.8 | 245.5 | 294.2 | 58.3 | 100.1 | 80.3 | 62.9 | 152.0 | 141.7 | 129.2 | 111.1 | 89.4 | 55.0 | 70.2 | 48.1 |
| Short-Term Debt | 83.9 | 599.5 | 59.3 | 69.2 | 63.7 | 114.1 | 63.7 | 48.5 | 38.5 | 38.4 | 13.4 | 10.2 | 1.0 | 1.0 | 1.0 | 1.0 | 1.9 | 0.4 | 15.4 | 0.4 | 5.9 | 2.0 | 3.2 | 27.9 | 4.8 | 1.7 | 2.0 | 2.1 | 1.7 | 1.7 | 0.1 |
| Deferred Revenue | 566.5 | 602.1 | 575.8 | 572.6 | 511.3 | 456.5 | 256.4 | 335.7 | 282.1 | 240.1 | 182.5 | 145.9 | 110.6 | 93.8 | 78.8 | 66.0 | 0 | 0 | 0 | 36.2 | 30.8 | 0 | (198.9) | (152.0) | 0 | (122.4) | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 42.8 | 64.9 | (8.9) | 120.6 | 136.3 | 124.4 | 77.1 | 87.7 | 67.6 | 78.6 | 70.1 | 65.4 | 55.6 | 19.8 | 50.8 | 26.4 | 131.6 | (38.7) | (45.2) | 37.4 | 91.7 | 96.1 | 136.0 | 0 | 6.5 | 0 | (3.0) | 1.7 | 0 | 6 | 50.8 |
| Total Current Liabilities | 1,097.0 | 1,667.6 | 1,106.5 | 1,130.7 | 1,110.9 | 978.4 | 603.5 | 719.1 | 593.6 | 604.6 | 506.5 | 398.6 | 324.2 | 313.3 | 249.2 | 243.2 | 289.9 | 251.3 | 367.0 | 319.6 | 254.2 | 224.4 | 202.0 | 180.0 | 152.9 | 130.9 | 110.2 | 93.1 | 59.0 | 77.9 | 99 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | 3,102.5 | 2,211.3 | 2,731.5 | 2,750.7 | 2,670.3 | 2,749.1 | 2,387.1 | 1,215.7 | 1,234.3 | 905.2 | 686.9 | 804.3 | 625.6 | 795.9 | 489.8 | 490.7 | 524.8 | 491.6 | 541.4 | 593.7 | 525.3 | 519.7 | 622.6 | 556.2 | 598.0 | 386.6 | 392.2 | 396.1 | 282.3 | 263.3 | 144.7 |
| Deferred Tax Liabilities | 262.2 | 252.0 | 327.8 | 276.1 | 268.5 | 320.7 | 234.2 | 168.8 | 133.9 | 171.4 | 130.0 | 147.8 | 128.6 | 85.4 | 139.4 | 133.2 | 108.5 | 112.2 | 75.3 | 72.2 | 73.1 | 71.2 | 79.7 | 78.8 | 73.4 | 91.6 | 92.6 | 84.7 | 79.3 | 85.7 | 39.5 |
| Other Non-Current Liabilities | 317.2 | 294.5 | 260.8 | 286.3 | 246.4 | 183.2 | 165.1 | 173.9 | 177.2 | 183.3 | 148.4 | 132.1 | 131.9 | 77.1 | 95.8 | 235.4 | 197.2 | 233.2 | 183.6 | 181.8 | 159.7 | 140.5 | 101.3 | 115.0 | 90.6 | 61.2 | 31.7 | 31.1 | 28.9 | 23.3 | 15.5 |
| Total Non-Current Liabilities | 3,872.1 | 3,356.4 | 3,546.6 | 3,481.4 | 3,359.7 | 3,443.6 | 3,109.1 | 1,980.1 | 1,659.7 | 1,707.2 | 1,087.1 | 1,210.4 | 1,014.8 | 1,124.2 | 862.0 | 859.3 | 830.5 | 837.0 | 800.3 | 847.8 | 758.1 | 731.4 | 803.7 | 750.1 | 762.0 | 539.4 | 516.5 | 512.0 | 390.5 | 372.3 | 199.7 |
| Total Liabilities | 4,969.1 | 5,024.0 | 4,660.0 | 4,612.1 | 4,470.5 | 4,422.0 | 3,712.6 | 2,699.2 | 2,253.3 | 2,311.8 | 1,593.6 | 1,609.0 | 1,339.0 | 1,437.6 | 1,111.3 | 1,102.5 | 1,120.4 | 1,088.4 | 1,167.3 | 1,167.4 | 1,012.3 | 955.7 | 1,005.7 | 930.0 | 915.0 | 670.3 | 626.7 | 605.1 | 449.5 | 450.2 | 298.7 |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Common Stock | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0 | 0 |
| Retained Earnings | 549.1 | 718.7 | 780.4 | 873.7 | 895.9 | 773.8 | 645.9 | 759.8 | 726.7 | 551.0 | 486.7 | 440.7 | 401.5 | 418.0 | 408.7 | 416.5 | 387.4 | 357.0 | 308.0 | 205.1 | 143.7 | 98.0 | 74.8 | 80.8 | 92.6 | 85.0 | 88.8 | 73.5 | 60.7 | 19.7 | 0 |
| Accumulated Other Comprehensive Income | (50.7) | (57.9) | (67.3) | (10.4) | 10.9 | 27.8 | (56.8) | (31.7) | (2.2) | 44.4 | (1.6) | (4.9) | (0.2) | (0.1) | (0.3) | (947.1) | 0 | 0 | 0 | (579.1) | 0 | (0.3) | (0.7) | (0.2) | (1.3) | (0.5) | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 240.5 | 424.5 | 723.5 | 1,003.9 | 1,612.4 | 1,594.6 | 1,316.7 | 1,500.6 | 1,589.4 | 1,571.2 | 874.5 | 866.6 | 820.8 | 823.9 | 802.3 | 829.7 | 788.8 | 765.3 | 728.8 | 714.0 | 642.8 | 540.5 | 491.2 | 496.2 | 507.3 | 496.7 | 493.8 | 476.8 | 462.6 | 405.7 | 123.9 |
| Total Liabilities & Equity | 5,526.4 | 5,777.9 | 5,698.4 | 5,947.8 | 6,318.0 | 6,251.1 | 5,244.2 | 4,426.1 | 4,065.0 | 4,110.7 | 2,482.0 | 2,489.6 | 2,173.8 | 2,275.4 | 1,927.6 | 1,946.2 | 1,922.8 | 1,884.5 | 1,926.0 | 1,909.1 | 1,687.6 | 1,525.9 | 1,534.0 | 1,455.4 | 1,447.7 | 1,188.1 | 1,127.8 | 1,089.2 | 912.1 | 855.9 | 422.6 |
| Debt Metrics | |||||||||||||||||||||||||||||||
| Total Debt | 3,422.3 | 3,444.2 | 3,044.8 | 3,025.1 | 2,942.8 | 3,075.5 | 2,706.6 | 1,595.3 | 1,294.6 | 1,297.1 | 727.6 | 846.8 | 658.0 | 831.0 | 490.8 | 491.7 | 526.7 | 492.0 | 556.7 | 594.1 | 531.2 | 521.7 | 625.8 | 584.2 | 602.8 | 388.4 | 394.2 | 398.2 | 284.0 | 265 | 144.8 |
| Net Debt | 3,191.0 | 3,004.0 | 2,722.0 | 2,462.1 | 1,835.4 | 1,831.6 | 2,315.6 | 1,486.4 | 1,116.4 | 1,179.7 | 659.7 | 811.4 | 613.6 | 692.4 | 444.7 | 421.6 | 512.0 | 422.7 | 394.4 | 363.3 | 339.4 | 385.1 | 579.5 | 576.3 | 589.7 | 379.7 | 385.4 | 379.9 | 270.6 | 250.3 | 132.1 |
| Metric | 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||
| Net Income | 170.7 | 298.0 | 246.3 | 285.1 | 368.3 | 124.5 | 109.1 | 323.5 | 401.2 | 231.7 | 149.5 | 114.6 | 28.2 | 37.6 | 16.4 | 34.4 | 35.8 | 49.0 | 102.9 | 61.4 | 45.8 | 23.1 | (6.0) | (8.5) | 7.6 | 13.6 | 15.3 | 12.8 | 19.7 | 4.7 | 4.7 |
| Depreciation & Amortization | 305.6 | 296.4 | 276.5 | 269.2 | 252.4 | 252.6 | 249.6 | 218.1 | 204.5 | 189.2 | 161.5 | 149.1 | 140.6 | 132.7 | 127.6 | 118.0 | 110.6 | 107.2 | 93.8 | 87.7 | 86.1 | 90.0 | 86.4 | 82.2 | 69.9 | 65.5 | 61.7 | 53.3 | 34 | 34.0 | 18.1 |
| Stock-Based Compensation | 28.2 | 34.0 | 26.8 | 25.4 | 24.9 | 24.4 | 21.0 | 19.9 | 19.0 | 18.3 | 17.0 | 15.8 | 14.2 | 12.3 | 12.0 | 12.5 | 11.8 | 10.7 | 0 | 7.0 | 6.5 | 0 | 0.2 | 1.3 | 1.4 | 0.4 | 0 | 0.4 | 0 | 0 | 0 |
| Change in Working Capital | (37.0) | (26.0) | (24.7) | (17.7) | 94.5 | 127.4 | (23.3) | 50.8 | (29.6) | (16.7) | 78.9 | 8.2 | 18.6 | 29.6 | (8.7) | (99.4) | (147.1) | (163.6) | (197.6) | (124.0) | 23.2 | 55.2 | 51.6 | 17.3 | 24.3 | 17.9 | 1.3 | 5.7 | (10.6) | (53.2) | 4.7 |
| Other Non-Cash Items | 13.9 | (26.6) | 49.8 | 53.5 | (20.2) | 12.5 | 21.2 | (0.5) | 2.2 | (2.0) | 12.2 | 3.0 | 38.1 | 18.3 | 28.9 | 169.6 | 29.2 | 100.2 | 217.2 | 90.3 | 30.6 | (3.0) | 54.1 | 58.0 | 31.2 | 4.6 | 25.4 | 22.5 | 0.1 | 78.4 | 33.8 |
| Operating Cash Flow | 479.6 | 554.9 | 586.8 | 639.6 | 710.5 | 525.2 | 394.9 | 634.2 | 551.6 | 456.9 | 426.8 | 303.7 | 245.9 | 222.4 | 185.4 | 267.3 | 36.0 | 134.3 | 217.0 | 118.4 | 193.4 | 220.3 | 185.4 | 154.6 | 131.7 | 107.7 | 111.6 | 102.6 | 103.4 | 66.4 | 66.4 |
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital Expenditure | (231.6) | (235.2) | (211.2) | (314.9) | (192.8) | (115.1) | (172.3) | (192.0) | (140.6) | (144.4) | (109.2) | (123.9) | (118.3) | (94.9) | (132.6) | (95.6) | (69.0) | (106.5) | (150.9) | (119.2) | (88.9) | (80.0) | (63.0) | (106.3) | (76.2) | (57.8) | (77.7) | (65.2) | (107.9) | (13.9) | (54.5) |
| Acquisitions | 0 | 0 | (94.4) | 75.9 | (230.8) | 0 | (327.6) | (419.0) | (1.4) | (553.2) | (20.2) | (307.1) | 0 | (20.0) | (23.5) | (62.3) | (15.9) | (38.2) | 0 | 3.5 | 30.7 | 0 | 0 | 0 | (164.8) | (19.5) | 0 | (101.3) | 0 | 0 | 0 |
| Purchases of Investments | (75.4) | 0 | 0 | (86.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (38.0) | 0 | 0 | (0.2) |
| Sales/Maturities of Investments | 38.3 | 0 | 57.6 | 38.0 | 0 | 0 | 0 | 0 | 0.5 | 8.0 | 7.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.5 | 0 | 0 |
| Other Investing Activities | 2.8 | 30.7 | 6.8 | 14.6 | 75.7 | 11.8 | 7.2 | 15.0 | 7.4 | 14.8 | 5.5 | 3.9 | 0.4 | 6.7 | 0.1 | (0.2) | 1.3 | 0.0 | 2.8 | (16.5) | (133.5) | 35.1 | (20.4) | (24.4) | (63.9) | (30.1) | (38.3) | 0 | (146.4) | (40.8) | 0 |
| Investing Cash Flow | (266.0) | (204.5) | (241.1) | (273.2) | (347.9) | (103.3) | (492.7) | (596.0) | (134.6) | (682.8) | (124.0) | (427.1) | (117.9) | (108.2) | (156.0) | (158.2) | (83.6) | (144.6) | (148.1) | (132.1) | (191.7) | (44.9) | (83.4) | (130.7) | (304.9) | (107.4) | (116.0) | (204.4) | (251.8) | (54.7) | (54.7) |
| Financing Activities | |||||||||||||||||||||||||||||||
| Net Debt Issuance | (12.4) | 402.8 | (55.9) | (73.9) | (146.6) | 494.6 | 686.4 | 289.5 | (2.9) | 419.3 | (119.6) | 178.8 | (176.0) | (1.0) | (1.1) | (37.9) | 34.7 | (64.7) | (38.0) | 62.9 | 9.2 | (103.6) | (32.0) | (24.8) | 186.5 | (5.9) | (5.1) | 114.2 | 0 | 95.0 | (46.5) |
| Stock Repurchased | (45) | (270) | (150) | (500) | (75.0) | 0 | (46.4) | (85) | (25.8) | (0.2) | (53.8) | 0 | 0 | 0 | (30.4) | 0 | (15.0) | (22.4) | (99.6) | (15.0) | (10.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 0 | 0 |
| Dividends Paid | (317.1) | (328.2) | (323.7) | (314.4) | (225.8) | 0 | (212.7) | (260.6) | (204.2) | (146.2) | (103.8) | (75.5) | (45.0) | (28.4) | (24.2) | (5.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (46.5) | (39.2) | (45.2) | (27.5) | (8.4) | (20.9) | (51.0) | (43.4) | (117.8) | (0.9) | 6.0 | 12.0 | (1.2) | 7.6 | 2.1 | (10.4) | (26.6) | 4.4 | 0.2 | (6.6) | 8.5 | (3.6) | (32.1) | (3.9) | (9.0) | 0.2 | (0.6) | (8.1) | 151 | (42.2) | 0 |
| Financing Cash Flow | (421.0) | (242.6) | (574.8) | (915.7) | (493.1) | 434.7 | 376.2 | (99.6) | (350.7) | 271.9 | (271.2) | 115.3 | (222.2) | (21.8) | (53.5) | (53.7) | (7.0) | (82.7) | (137.3) | 52.7 | 53.5 | (85.2) | (63.5) | (29.1) | 177.6 | (0.5) | (5.1) | 106.8 | 151 | (46.5) | (46.5) |
| Cash Position | |||||||||||||||||||||||||||||||
| Net Change in Cash | (209.4) | 119.4 | (236.0) | (553.0) | (132.5) | 856.5 | 283.7 | (66.7) | 60.8 | 49.5 | 32.4 | (8.9) | (94.2) | 92.6 | (24.1) | 55.4 | (54.6) | (93.0) | (68.5) | 39.0 | 55.2 | 90.3 | 38.5 | (5.2) | 4.4 | (0.1) | (9.5) | 4.9 | 1.2 | (34.8) | (34.8) |
| Cash at Beginning | 456.4 | 337.1 | 573.1 | 1,126.1 | 1,258.6 | 402.1 | 118.4 | 185.0 | 117.4 | 67.9 | 35.5 | 44.4 | 138.6 | 46.1 | 70.1 | 14.7 | 69.3 | 162.3 | 230.8 | 191.8 | 136.6 | 46.3 | 7.9 | 13.1 | 8.7 | 8.8 | 18.3 | 13.4 | 12.1 | 47.5 | 47.5 |
| Cash at End | 247.0 | 456.4 | 337.1 | 573.1 | 1,126.1 | 1,258.6 | 402.1 | 118.4 | 178.1 | 117.4 | 67.9 | 35.5 | 44.4 | 138.6 | 46.1 | 70.1 | 14.7 | 69.3 | 162.3 | 230.8 | 191.8 | 136.6 | 46.3 | 7.9 | 13.1 | 8.7 | 8.8 | 18.3 | 13.3 | 12.7 | 12.7 |
| Free Cash Flow | 248.0 | 319.7 | 375.6 | 324.7 | 517.7 | 410.2 | 222.6 | 442.2 | 411.0 | 312.5 | 317.5 | 179.8 | 127.6 | 127.5 | 52.8 | 171.6 | (33.0) | 27.8 | 66.1 | (0.8) | 104.5 | 140.4 | 122.4 | 48.2 | 55.4 | 49.9 | 34.0 | 37.4 | (4.5) | 52.5 | 11.9 |
| Key Metrics | 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||
| Revenue | 2,838.2 | 2,964.3 | 2,885.2 | 2,889.4 | 2,525.9 | 1,909.7 | 1,963.7 | 2,271.6 | 2,011.6 | 1,907.2 | 1,601.3 | 1,399.9 | 1,254.6 | 1,120.8 | 1,024.4 | 1,167.0 | 894.8 | 977.0 | 1,152.2 | 940.5 | 838.9 | 810.0 | 726.6 | 713.0 | 615.3 | 543.8 | 539.1 | 475.7 | 330.5 | 330.5 | 188.8 |
| Gross Profit | 1,185.0 | 1,268.2 | 1,229.3 | 1,221.1 | 1,176.6 | 830.0 | 776.0 | 974.3 | 867.3 | 821.2 | 657.8 | 521.2 | 260.5 | 224.2 | 188.4 | 215.5 | 174.5 | 214.4 | 270.6 | 218.4 | 196.4 | 182.4 | 175.0 | 122.4 | 117.8 | 48.0 | 109.3 | 95.6 | 91.5 | 91.5 | 58.1 |
| Operating Income | 420.5 | 560.0 | 488.8 | 504.4 | 601.7 | 261.0 | 223.4 | 476.3 | 408.8 | 379.3 | 283.0 | 210.5 | 117.3 | 97.0 | 59.3 | 94.5 | 69.3 | 106.1 | 176.0 | 128.2 | 105.3 | 88.3 | 81.8 | 34.5 | 49.1 | 49.0 | 47.5 | 42.4 | 52.8 | 52.8 | 27.3 |
| Net Income | 147.5 | 280.0 | 231.1 | 265.8 | 347.9 | 127.8 | 98.8 | 301.2 | 379.9 | 210.6 | 149.8 | 114.8 | 28.5 | 37.7 | 16.5 | 34.5 | 30.4 | 49.0 | 102.9 | 61.4 | 45.8 | 23.1 | (6.0) | (8.5) | 7.0 | 13.6 | 10.4 | 12.8 | 19.7 | 19.7 | 4.7 |
| EPS (Diluted) | 4.12 | 7.53 | 6.07 | 6.69 | 8.55 | 3.13 | 2.42 | 7.32 | 9.13 | 5.22 | 4.01 | 3.07 | 0.77 | 1.03 | 0.45 | 0.94 | 0.83 | 1.33 | 2.64 | 1.56 | 1.19 | 0.64 | -0.17 | -0.24 | 0.20 | 0.33 | 0.29 | 0.25 | 0.64 | 0.22 | 0.22 |
| Balance Sheet | |||||||||||||||||||||||||||||||
| Cash & Equivalents | 231.3 | 440.3 | 322.8 | 563.0 | 1,107.4 | 1,244.0 | 391.0 | 108.8 | 178.1 | 117.4 | 67.9 | 35.5 | 44.4 | 138.6 | 46.1 | 70.1 | 14.7 | 69.3 | 162.3 | 230.8 | 191.8 | 136.6 | 46.3 | 7.9 | 13.1 | 8.7 | 8.8 | 18.3 | 13.4 | 14.7 | 12.7 |
| Total Assets | 5,526.4 | 5,777.9 | 5,698.4 | 5,947.8 | 6,318.0 | 6,251.1 | 5,244.2 | 4,426.1 | 4,065.0 | 4,110.7 | 2,482.0 | 2,489.6 | 2,173.8 | 2,275.4 | 1,927.6 | 1,946.2 | 1,922.8 | 1,884.5 | 1,926.0 | 1,909.1 | 1,687.6 | 1,525.9 | 1,534.0 | 1,455.4 | 1,447.7 | 1,188.1 | 1,127.8 | 1,089.2 | 912.1 | 855.9 | 422.6 |
| Total Debt | 3,422.3 | 3,444.2 | 3,044.8 | 3,025.1 | 2,942.8 | 3,075.5 | 2,706.6 | 1,595.3 | 1,294.6 | 1,297.1 | 727.6 | 846.8 | 658.0 | 831.0 | 490.8 | 491.7 | 526.7 | 492.0 | 556.7 | 594.1 | 531.2 | 521.7 | 625.8 | 584.2 | 602.8 | 388.4 | 394.2 | 398.2 | 284.0 | 265 | 144.8 |
| Stockholders' Equity | 240.5 | 424.5 | 723.5 | 1,003.9 | 1,612.4 | 1,594.6 | 1,316.7 | 1,500.6 | 1,589.4 | 1,571.2 | 874.5 | 866.6 | 820.8 | 823.9 | 802.3 | 829.7 | 788.8 | 765.3 | 728.8 | 714.0 | 642.8 | 540.5 | 491.2 | 496.2 | 507.3 | 496.7 | 493.8 | 476.8 | 462.6 | 405.7 | 123.9 |
| Cash Flow | |||||||||||||||||||||||||||||||
| Operating Cash Flow | 479.6 | 554.9 | 586.8 | 639.6 | 710.5 | 525.2 | 394.9 | 634.2 | 551.6 | 456.9 | 426.8 | 303.7 | 245.9 | 222.4 | 185.4 | 267.3 | 36.0 | 134.3 | 217.0 | 118.4 | 193.4 | 220.3 | 185.4 | 154.6 | 131.7 | 107.7 | 111.6 | 102.6 | 103.4 | 66.4 | 66.4 |
| Capital Expenditure | (231.6) | (235.2) | (211.2) | (314.9) | (192.8) | (115.1) | (172.3) | (192.0) | (140.6) | (144.4) | (109.2) | (123.9) | (118.3) | (94.9) | (132.6) | (95.6) | (69.0) | (106.5) | (150.9) | (119.2) | (88.9) | (80.0) | (63.0) | (106.3) | (76.2) | (57.8) | (77.7) | (65.2) | (107.9) | (13.9) | (54.5) |
| Free Cash Flow | 248.0 | 319.7 | 375.6 | 324.7 | 517.7 | 410.2 | 222.6 | 442.2 | 411.0 | 312.5 | 317.5 | 179.8 | 127.6 | 127.5 | 52.8 | 171.6 | (33.0) | 27.8 | 66.1 | (0.8) | 104.5 | 140.4 | 122.4 | 48.2 | 55.4 | 49.9 | 34.0 | 37.4 | (4.5) | 52.5 | 11.9 |