Neurocrine Biosciences, Inc. logo NBIX - Neurocrine Biosciences, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 32
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $184.38 DETAILS
HIGH: $230.00
LOW: $140.00
MEDIAN: $185.00
CONSENSUS: $184.38
UPSIDE: 17.66%
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 814.5 805.5 794.9 687.5 572.6 627.7 622.1 590.2 515.3 515.2 498.8 452.7 420.4 412 387.9 378.2 310.6 312 296 288.9 236.6 247.9 258.5 302.4 237.1 244.0 222.1 183.5 138.4 131.5 151.8 96.9 71.1 94.5 60.8 6.3 0 0 0 0 15 0 0 0 19.8 0 0 0 0 0.7 0.7 0.7 0.7 21.9 9.4 10.6 11.3 11.1 41.6 12.2 12.5 13.7 14.4 4.6 0.8 0.7 0.7 0.7 0.7 0.7 0.8 0.7 1.8 0.5 0.5 0.0 0.1 9.4 1.1 9.2 19.5 14.1 64.7 33.2 11.9 18.5 34.7 15.0 16.9 27.1 45.0 3.9 4.2 12.8 3.3 3.5 3.5 5.3 2.9 2.8
Cost of Revenue 13.8 17.6 14 11.3 9.2 9.3 8 9.2 7.5 8.5 11.2 11.5 8.5 7.7 6.1 4.8 4.6 4.1 4.2 3.1 2.9 2.9 2.7 2.4 2.1 2.5 2.2 1.6 1.1 1.5 1.6 0.9 0.9 0.8 0.4 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 (0.6) (0.6) (0.5) (0.5)
Gross Profit 800.7 787.9 780.9 676.2 563.4 618.4 614.1 581 507.8 506.7 487.6 441.2 411.9 404.3 381.8 373.4 306 307.9 291.8 285.8 233.7 245 255.8 300 235 241.5 219.9 181.9 137.3 130.0 150.2 96.1 70.1 93.8 60.3 6.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9.4 10.6 11.3 11.1 41.6 12.2 12.5 13.7 14.4 4.6 0.8 0.7 0.7 0.7 0.7 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 4.1 5.9 3.5 3.3
Operating Expenses
R&D Expenses 296.2 258.2 250 244.3 263.2 185.6 195 191.1 159.4 137.5 142.2 145.8 139.5 118 107.7 135.9 102.2 87.4 92.7 74.8 73.2 66.7 69.1 80.9 58.3 55.4 45.3 61.7 37.7 39.1 35.5 37.0 48.9 25.6 22.5 21.9 51.9 22.6 20.9 26.9 23.9 21.8 24.4 18.7 16.6 15.5 12.2 10.2 8.6 8.9 9.5 10.5 10.3 9.1 9.9 8.8 9.4 8.0 7.5 8.2 7.3 8.1 8.2 7.3 7.6 6.8 7.4 10.8 10.8 11.9 13.0 16.2 14.2 24.3 19.8 18.8 19.1 18.6 25.2 26.1 27.7 24.8 26.6 29.6 25.6 33.4 32.3 23.0 26.4 39.1 52.3 41.6 23.1 24.7 16.1 15.2 11.8 12.5 8.1 7.8
SG&A Expenses 318.5 301.8 291.6 286.3 276.5 287.8 234.3 242 243.1 218.9 204.2 221.8 242.7 182.9 186.3 182.8 200.7 156.5 154.6 143.2 129 106.5 112.5 96.5 117.8 101.3 84.5 80.8 87.5 69.0 60.4 60.9 58.6 56.3 43.9 41.7 28.1 23.7 17.5 15.0 12.0 8.9 11.5 6.6 5.5 5.0 4.7 4.2 4.2 3.3 3.2 3.4 3.4 3.3 3.5 3.1 3.7 2.7 3.8 2.8 3.3 6.1 3.6 3.1 3.2 2.8 3.0 4.8 4.2 3.8 3.5 4.7 8.3 10.8 9.6 8.8 8.3 7.1 16.0 12.4 19.3 13.9 13.0 9.8 5.6 6.3 5.4 5.5 5.3 5.4 5.1 3.6 3.2 3.6 2.9 2.4 3.0 2.5 2.2 2.2
Other Expenses 0 17 0.3 0 0.1 3 1 2.5 6 0 0 0 143.9 0 0 0 0 100.3 0 5 0 0 118.5 46 0 36.2 0 5 113.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.1 0.1 0 0 0 0 0 0 (0.4) 0 (11.8) 0 0.1 0.1 0.9 4.8 15.7 0 0 0 94 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.6 0.6 0.5 0.5
Operating Expenses 614.7 577 541.9 530.6 539.8 476.4 430.3 435.6 408.5 356.4 346.4 367.6 526.1 300.9 294 318.7 302.9 344.2 247.3 223 202.2 173.2 300.1 223.4 176.1 192.8 129.8 147.5 238.3 108.1 95.9 97.9 107.6 81.9 66.3 63.5 79.9 46.3 38.4 41.8 35.9 30.7 35.8 25.3 22.1 20.5 16.9 14.4 12.7 12.3 12.7 13.9 13.7 13.4 13.3 11.9 13.1 10.7 11.2 11.1 10.6 13.8 12.0 (1.2) 10.9 9.7 10.5 16.6 19.9 31.4 16.5 20.9 22.5 129.1 29.4 27.6 27.4 25.7 41.3 38.5 47.1 38.7 39.6 39.4 31.2 39.7 37.7 28.4 31.7 44.5 57.5 45.2 26.2 28.2 18.9 17.6 15.4 15.6 10.9 10.5
Operating Income
Operating Income 186 210.9 239 145.6 23.6 142 183.8 145.4 99.3 150.3 141.2 73.6 (114.2) 103.4 87.8 54.7 3.1 (36.3) 44.5 62.8 31.5 71.8 (44.3) 76.6 58.9 48.7 90.1 34.4 (101) 21.9 54.3 (1.9) (37.4) 11.8 (6.0) (57.3) (79.9) (46.3) (38.4) (41.8) (20.9) (30.7) (35.8) (25.3) (2.3) (20.5) (16.9) (14.4) (12.7) (11.5) (12.0) (13.2) (13.0) 8.6 (4.0) (1.4) (1.8) 0.4 30.4 1.1 1.9 (0.1) 2.5 5.9 (10.2) (9.0) (9.7) (15.8) (19.1) (30.7) (15.7) (20.1) (20.8) (128.6) (28.8) (27.5) (27.3) (16.3) (40.2) (29.3) (27.6) (24.6) 25.1 (6.3) (19.3) (21.2) (3.0) (13.4) (14.7) (17.4) (12.5) (41.3) (22.0) (15.4) (15.6) (14.1) (11.3) (9.7) (7.4) (7.2)
Interest Expense 0 0 0 0 0 0 0 49.7 1.1 1.1 1.1 1.3 1.1 1.1 1.2 2.2 2.6 6.6 6.6 6.2 6.4 7.8 8.5 8.3 8.2 8.1 8.0 7.9 7.9 7.8 7.7 7.6 7.5 7.4 7.3 4.8 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 0 0 0 0 0 0 0 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 28.1 (42.8) 22.2 20.6 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0.3 0 0 0 0.1 0 0 0 0 0 0 0 0 0 0 0.1 0 0 0 0.1 0 0.1 1.5 0.6 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.4 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 193.4 235.4 299.5 152.9 31.3 181.7 191.3 155.2 111.5 205 146.7 126.7 (97.2) 123.4 103.1 (17.2) 27.3 (4.2) 39.9 66.3 36.1 51.7 (46.4) 93.6 49.2 48.9 68.4 61.8 (93.1) 27.8 59.5 2.6 (33.5) 15.0 (3.2) (54.6) (77.8) (45.8) (36.5) (40.0) (20.6) (30.5) (35.6) (25.1) (2.0) (20.2) (16.6) (14.2) (12.5) (11.4) (11.8) (13.0) (12.8) 8.8 (3.8) (1.2) (1.6) 0.6 30.6 1.3 2.2 5.5 2.8 (5.5) (9.7) (8.3) (8.9) (14.0) (13.3) (29.1) (13.7) (18.1) (18.7) (126.4) (26.6) (25.1) (24.7) (13.7) (37.6) (26.6) (24.9) (22.0) 27.7 (3.7) (16.9) (18.9) (0.9) (11.9) (13.5) (16.6) (11.5) (40.4) (21.3) (14.7) (15.0) (13.5) (10.7) (9.1) (6.8) (6.7)
EBIT 186 227.9 291.8 145.6 23.7 174.6 184.8 147.9 105.3 199.3 141.2 121.6 (102.2) 119 99.1 (21.1) 24 (7.2) 37.1 63.7 33.6 49.5 (48.6) 91.5 47.1 46.8 66.4 60 (94.7) 26.6 58.4 1.7 (34.3) 14.3 (3.8) (55.2) (78.3) (46.3) (36.9) (40.3) (20.9) (30.7) (35.8) (25.3) (2.3) (20.5) (16.9) (14.4) (12.7) (11.5) (12.0) (13.2) (13.0) 8.6 (4.0) (1.4) (1.8) 0.4 30.4 1.1 1.9 5.2 2.5 (5.9) (10.2) (8.9) (9.6) (14.9) (14.3) (30.7) (15.7) (20.1) (20.8) (128.6) (28.8) (27.5) (27.3) (16.3) (40.2) (29.3) (27.6) (24.6) 25.1 (6.3) (19.3) (21.2) (3.0) (13.4) (14.7) (17.4) (12.5) (41.3) (22.0) (15.4) (15.6) (14.1) (11.3) (9.7) (7.4) (7.2)
Income Before Tax 246.8 239.4 291.8 159.5 14.7 162.6 190.3 98.6 34.5 198.2 115.6 121.6 (103.3) 117.9 97.9 (23.3) 21.4 (13.8) 30.5 57.5 27.2 41.7 (57.1) 83.2 38.9 38.6 58.4 52.1 (102.6) 18.8 50.8 (5.9) (41.8) 6.9 (11.1) (60.0) (78.3) (44.7) (36.9) (40.3) (19.3) (29.3) (34.4) (24.0) (1.2) (19.4) (15.9) (13.4) (11.8) (10.6) (11.1) (12.2) (12.1) 9.5 (3.1) (0.5) (0.9) 1.3 31.4 2.0 2.9 (88.6) 3.3 (5.2) (8.6) (88.6) (8.2) (15.3) (19.7) 2.1 (17.7) (21.0) (21.1) (207.3) (27.2) (26.4) (25.7) (14.7) (39.1) (27.4) (25.9) (23.9) 26.2 (5.6) (18.8) (20.5) (1.6) (11.1) (12.4) 3.2 (10.2) (94.5) (19.8) (15.4) (15.4) (14.0) (9.4) (8.0) (6.6) (7.6)
Income Tax Expense 48.9 85.7 82.3 52 6.8 59.5 60.5 33.6 (8.9) 50.5 32.5 26.1 (26.7) 28.9 29.4 (6.4) 7.5 (6.5) 8 15.2 (4.9) (306.2) 0.5 3.6 1.5 4.6 4.6 0.8 (0.5) 0.7 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 (10.5) 0 (1.0) 0 (43.1) 0 0 0 (59.8) 0 0 0 (79.3) 0 0 0 0 0 0 0 0 0 0 0 0.1 (0.0) 0 0.0 0.0 0.0 (55.7) 0 (0.8) (2.2) (2.6) 0 0.1 (2.2) (1.2)
Net Income 197.9 153.7 209.5 107.5 7.9 103.1 129.8 65 43.4 147.7 83.1 95.5 (76.6) 89 68.5 (16.9) 13.9 (7.3) 22.5 42.3 32.1 347.9 (57.6) 79.6 37.4 34 53.8 51.3 (102.1) 18.1 50.8 (5.9) (41.8) 6.9 (11.1) (60.0) (78.3) (44.7) (36.9) (40.3) (19.3) (29.3) (34.4) (24.0) (1.2) (19.4) (15.9) (13.4) (11.8) (10.6) (11.1) (12.2) (12.1) 9.5 (3.1) (0.5) (0.9) 1.3 31.4 2.0 2.9 2.5 3.3 (5.2) (8.6) (7.9) (8.2) (15.3) (19.7) (28.9) (17.7) (21.0) (21.1) (128.0) (27.2) (26.4) (25.7) (14.7) (39.1) (27.4) (25.9) (23.9) 26.2 (5.6) (18.8) (20.6) (1.6) (11.1) (12.4) 3.2 (10.2) (38.8) (19.8) (14.6) (13.3) (11.5) (9.4) (8.1) (5.2) (6.0)
Per Share Data
EPS (Basic) 1.97 1.54 2.11 1.09 0.08 1.03 1.28 0.64 0.43 1.50 0.85 0.98 -0.79 0.92 0.72 -0.18 0.15 -0.08 0.24 0.45 0.34 3.72 -0.62 0.86 0.40 0.37 0.59 0.56 -1.12 0.20 0.56 -0.07 -0.47 0.08 -0.13 -0.68 -0.90 -0.51 -0.43 -0.46 -0.22 -0.34 -0.40 -0.28 -0.01 -0.26 -0.21 -0.18 -0.17 -0.16 -0.17 -0.18 -0.18 0.14 -0.05 -0.01 -0.01 0.02 0.57 0.04 0.05 0.05 0.06 -0.09 -0.19 -0.17 -0.21 -0.39 -0.51 -0.75 -0.46 -0.55 -0.55 -3.34 -0.72 -0.69 -0.68 -0.39 -1.03 -0.73 -0.69 -0.64 0.71 -0.15 -0.51 -0.56 -0.05 -0.31 -0.35 0.09 -0.33 -1.26 -0.65 -0.48 -0.52 -0.45 -0.37 -0.37 -0.24 -0.28
EPS (Diluted) 1.91 1.48 2.04 1.06 0.08 1.00 1.24 0.63 0.42 1.44 0.82 0.95 -0.79 0.88 0.69 -0.18 0.14 -0.08 0.23 0.43 0.33 3.58 -0.62 0.81 0.39 0.35 0.56 0.54 -1.12 0.19 0.52 -0.07 -0.47 0.07 -0.13 -0.68 -0.90 -0.51 -0.43 -0.46 -0.22 -0.34 -0.40 -0.28 -0.01 -0.26 -0.21 -0.18 -0.17 -0.16 -0.17 -0.18 -0.18 0.14 -0.05 -0.01 -0.01 0.02 0.56 0.04 0.05 0.05 0.06 -0.09 -0.19 -0.17 -0.21 -0.39 -0.51 -0.75 -0.46 -0.55 -0.55 -3.34 -0.72 -0.69 -0.68 -0.39 -1.03 -0.73 -0.69 -0.64 0.68 -0.15 -0.51 -0.56 -0.05 -0.31 -0.35 0.09 -0.33 -1.26 -0.65 -0.48 -0.52 -0.45 -0.37 -0.37 -0.24 -0.28
Shares Outstanding 100.5 99.5 99.4 99 99.7 100 101.1 100.8 99.8 98.4 97.9 97.6 97.1 96.3 95.8 95.6 95.3 94.9 94.7 94.6 94.2 93.5 92.9 93 92.6 92.2 91.9 91.4 91.1 90.7 90.6 90.1 89.5 88.7 85.6 88.1 87.3 86.4 86.8 86.7 86.5 86.2 85.9 85.5 80.3 76.1 75.9 75.9 70.3 66.5 67.2 66.8 66.6 66.4 66.3 66.3 63.4 63.4 55.2 55.2 55.0 54.9 54.8 54.8 46.6 46.6 39.1 39.0 38.7 38.6 38.4 38.4 38.3 38.2 38.0 38.0 37.9 37.9 37.9 37.8 37.4 37.0 36.7 36.6 36.6 36.5 36.4 36.4 35.5 35.3 31.3 30.6 30.4 30.4 25.5 25.4 25.4 22.0 21.9 21.8
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 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
Current Assets
Cash & Cash Equivalents 266.5 713 340.2 264 194.1 233 349.1 139.7 396.3 251.1 293.7 160.2 103.8 262.9 212.2 163.3 270.2 340.8 311.1 368 352.6 187.1 425.3 415.1 187 112.3 166.6 141.0 72.8 141.7 195.7 166.4 175.3 254.7 267.8 309.5 64.1 83.3 99.8 86.2 115.3 95.1 52.2 37.3 38.6 51.7 50.4 22.7 38.0 105.9 34.9 68.4 44.3 56.6 11.9 25.4 27.3 21.1 11.2 2.5 12.0 21.3 7.6 11.9 6.2 11.7 18.6 10.6 14.1 15.8 15.1 22.9 7.2 11.3 7.2 21.7 0
Short-Term Investments 1,049.7 767.4 774.6 711.6 749.4 843.1 878.9 899.2 814.3 780.5 801.4 816.5 790.8 726.4 587.2 485 394.7 370.5 454.8 516.9 521.1 613.9 519.4 533.2 584.7 558.2 503.5 479.0 451.3 509.2 439.6 342.3 285.2 261.2 243.2 215.5 171.5 224.1 253.3 301.2 266.2 36.3 14.0 16.1 14.2 14.7 74.5 303.8 333.7 347.3 237.9 239.8 200.4 218.3 129.3 118.9 128.4 143.6 68.3 77.3 77.8 69.8 40.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 768.1 686.8 728 595.7 516 479.1 481.1 468.2 450.7 439.3 417.8 387.6 391.6 350 301.2 279 263.5 185.5 163.8 158.5 147.8 157.1 156.9 148.4 148.6 126.6 115.3 95.4 72.0 57.4 54.1 42.6 44.6 31.1 29.8 6.1 0 0 0 0 15.1 11.3 0 0 0.0 0.0 0.0 4.6 4.6 13.7 32.2 29.8 0.2 2.4 19.7 2.0 1.2 6.0 1.3 0.9 0.7 1.5 4.6 2.7 1.7 1.4 1.4 0.9 2 0.2 2.6 7.7 3.1 1.3 4.5 5.5 2.9
Inventory 64.5 69 69.3 56.9 59.1 57.4 45.8 42.5 37.2 38.3 28.8 31.7 33.4 35.1 37 29.3 29 30.5 25.5 28.3 30.1 28 20.6 22 21.2 17.3 10.8 12.0 13.0 10.9 6.1 0 0 1.0 0.2 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
Other Current Assets 287.3 115.8 246.3 120.7 119.3 112.1 121.7 120.2 100.5 97.8 108.2 100.6 113.2 79.1 67.9 62.7 60.8 45.5 50.5 38.4 33.8 30.1 34.7 27.5 26.7 16.6 23.0 21.5 24.1 18.6 18.9 16.3 8.6 6.8 7.4 5.5 3.9 3.1 4.8 4.6 4.4 1.1 2.1 1.9 1.0 0.8 3.3 4.9 5.4 5.0 9.3 3.8 3.1 3.8 1.7 2.5 2.0 1.8 1.9 2.4 1.5 2.2 1.1 41.9 52.5 52.5 47.9 55 57 60.4 55.8 42 66 59.5 54.6 41.2 21
Total Current Assets 2,436.1 2,522.7 2,158.4 1,748.9 1,637.9 1,724.7 1,876.6 1,669.8 1,799 1,607 1,649.9 1,496.6 1,432.8 1,453.5 1,205.5 1,019.3 1,018.2 972.8 1,005.7 1,110.1 1,085.4 1,016.2 1,156.9 1,146.2 968.2 831 819.2 748.8 633.2 737.8 714.4 567.7 513.7 554.9 548.5 536.8 239.5 310.4 357.9 392.0 401.0 143.8 68.3 55.4 53.8 67.2 128.2 336.1 381.6 471.8 314.3 341.8 248.1 281.1 162.7 148.8 158.9 172.4 82.6 83.1 92.0 94.8 54.2 56.5 60.4 65.6 67.9 66.5 73.1 76.4 73.5 72.6 76.3 72.1 66.3 68.4 23.9
Non-Current Assets
Property, Plant & Equipment 538 545.2 566.2 584 589.2 592 337.3 343 346.1 347.3 149.6 149.1 147.2 145.6 150.5 159 158.6 155.8 149 150.3 142.3 127.4 114 116.7 115.2 116.2 102.3 88.7 86.0 33.9 28.6 18.8 11.8 10.8 9.1 7.0 7.1 6.3 6.2 5.8 3.9 2.1 2.2 2.7 4.2 5.1 84.6 94.0 79.0 56.2 48.4 14.4 14.1 13.7 12.7 12.1 11.5 11.3 11.2 11.4 11.2 11.2 11.5 11.1 10.9 10.9 7.3 9.9 8.9 8.8 5.3 5.5 3.8 3.5 3.5 3.1 2.7
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 0 0 0 0 0 0 0 0 0 0 0 0 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 35.7 37.2 36.4 36.5 34.5 33.5 34.3 35.5 34.9 36.9 37.2 37.2 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 23.4 0 0 0 0 0 0 0 0 0 0.1 0 0.3 0.3 0.4 0 0 0 0.6 0 0 0 1 0 1.1 1.1 1.2 1.3 1.4 1.4 1.4 1.3 1.3 1
Long-Term Investments 146.1 1,183.8 118.1 961.3 909.5 864.3 770.6 781.4 863.9 849.4 587.5 515.6 380.3 401.5 457.5 489 632.3 624.4 549 376.7 288.5 265.3 225.1 245.9 275.3 355.6 253.7 223.9 233.1 216.0 185.3 249.4 276.3 247.4 210.3 205.8 37.7 43.5 30.2 27.2 49.5 2.9 3.0 6.4 21.2 19.6 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 1,404.6 59.5 1,018.8 21.6 15.3 15.5 61.6 57.8 50.9 49.6 43.1 35.9 24.9 25 10.5 10 10.1 4.4 3.2 3.2 4.6 6.4 6.6 6.8 3.2 3.2 4.7 5.5 5.5 5.5 5.5 5.5 4.5 4.5 4.6 4.6 5.1 4.9 4.9 4.9 5.0 6.3 6.3 6.3 7.7 9.1 104.7 116.5 116.6 26.9 10.1 6.9 4.3 3.7 2.6 2.4 2.1 1.9 2.5 3.4 3.2 2.6 2.6 3 3.3 3 11.7 6 5.2 5.5 4.8 4.5 1.4 1 1.1 0.6 0.5
Total Non-Current Assets 2,470.1 2,108.8 2,107.3 2,140.9 2,049.8 1,994 1,658.4 1,635.2 1,673.4 1,644.4 1,198.3 1,116.5 927 915.2 937.9 986.4 1,126.3 1,099.7 1,011.6 846.3 761 718.5 345.7 369.4 393.7 475 360.7 318.1 324.5 255.4 219.4 273.6 292.6 262.7 224.0 217.3 49.9 54.6 41.3 37.9 58.3 11.3 11.6 15.4 33.1 33.8 189.3 210.4 195.6 83.1 58.5 21.2 18.4 17.5 15.3 14.8 14.0 13.6 13.6 14.8 14.4 14.4 14.1 14.1 14.2 14.9 19 17 15.2 15.5 11.4 11.4 6.6 5.9 5.9 5 4.2
Total Assets 4,906.2 4,631.5 4,265.7 3,889.8 3,687.7 3,718.7 3,535 3,305 3,472.4 3,251.4 2,848.2 2,613.1 2,359.8 2,368.7 2,143.4 2,005.7 2,144.5 2,072.5 2,017.3 1,956.4 1,846.4 1,734.7 1,502.6 1,515.6 1,361.9 1,306 1,179.9 1,066.9 957.7 993.2 933.7 841.3 806.4 817.6 772.5 754.1 289.4 365.1 399.2 429.8 459.3 155.0 79.9 70.8 86.9 101.0 317.5 546.5 577.3 555.0 372.8 363.0 266.5 298.6 178.0 163.6 172.8 186.0 96.3 97.9 106.4 109.2 68.3 70.6 74.6 80.5 86.9 83.5 88.3 91.9 84.9 84 82.9 78 72.2 73.4 28.1
Current Liabilities
Account Payables 0 104.9 119.9 104.6 110 110 95.7 107.2 87.3 133.3 93.8 0 0 67.3 0 0 0 51.5 0 0 0 39.4 0 0 0 41.4 0 0 0 38.4 0 0 0 5.6 0 0 0.9 5.1 1.7 1.8 2.1 0.6 0.5 2.2 1.8 2.6 17.3 27.1 2.9 1.3 2.7 2.2 2.0 3.7 1.4 0.7 0.7 1.1 0.8 0.7 1.7 2.4 0.8 1.2 0.7 2.5 1.1 0.6 0.5 1.8 1.7 0.5 0.9 0.8 0.6 1.1 0.2
Short-Term Debt 0 0 51.3 0 0 0 0 0 259 170.1 169.9 169.7 0 169.4 169.2 0 0 0 0 0 0 0 425 419.5 0 408.8 0 0 0 0 383.6 0 0 0 0 0 0 0 0 0 0 4.5 4.4 4.3 15.4 15.2 2.7 3.9 4.0 4.0 3.3 2.9 2.7 2.2 1.7 1.7 1.5 1.6 1.1 1.0 1.0 1 0.9 0 1.5 0.8 0 0 0 0.9 0 0 0 0.8 0 0 0.8
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 37.0 2.9 5.8 2.9 2.9 0.0 36.4 47.9 49.7 47.6 57.4 5.7 8.2 8.2 1.6 1.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 831.7 423.9 466.8 317 259.8 297.7 253 221.3 265.2 261.4 253.4 395.1 374.1 225.4 315.9 285.7 253.5 133.3 225.9 212.9 190 90.6 186 153.5 140.3 84.7 115.7 100.6 72.0 42.8 72.8 61.8 46.5 25.8 38.1 27.7 4.3 13.8 4.2 4.1 4.0 2.9 4.4 2.3 2.8 2.8 0 0 0 0 0 0 0 0 0 0 0 12.3 8.4 5.4 7.2 5.2 3.3 2.5 1.5 2.3 4 2.8 4.3 4.3 3.6 5 3.6 2.5 2.1 2.3 1.2
Total Current Liabilities 831.7 743.4 638 546.3 522.9 507.7 429.7 398.5 712.9 654.8 691.6 582.5 374.1 537.7 485.1 285.7 253.5 245.8 225.9 212.9 190 186.5 611 573 140.3 565.3 115.7 100.6 72.0 88.2 456.4 61.8 46.5 54.4 38.1 27.7 23.6 30.4 26.7 26.9 23.3 52.1 18.6 20.0 33.0 32.5 20.0 67.5 97.5 110.0 101.6 97.1 32.5 29.6 22.4 12.8 12.1 15.0 10.4 7.1 9.9 8.6 5 3.7 3.7 5.6 5.1 3.4 4.8 7.4 5.3 5.5 4.5 4.1 2.7 3.4 2.2
Non-Current Liabilities
Long-Term Debt 406.2 0 428.4 0 0 0 0 0 0 0 0 0 169.5 0 0 169 377.7 335.1 330.7 326.3 322 317.9 0 0 414.1 0 403.6 398.5 393.4 388.5 0 378.9 374.2 369.6 365.1 360.7 0 0 0 0 0 5.1 6.2 7.2 2.8 3.0 47.4 54.9 43.1 32.5 19.1 0 0 0 0.0 0.1 0.1 2.3 1.9 1.6 1.9 2.1 2.2 2.3 2.1 2.2 0 0 0 0.7 0 0 0 0.8 0 0 1.4
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Liabilities 260.9 219.7 (232.7) 210.1 181.6 166.2 135 141.1 120.5 106.3 68.6 88.5 41.3 29.7 17.1 28 19.7 12.3 8.3 29 21.3 9.7 4.3 27.1 21.6 17.1 11.7 17.9 15.9 25.4 19.6 13.0 11.0 11.2 11.5 10.2 8.4 9.6 10.6 11.7 12.9 28.5 29.3 0.9 1.3 2.8 5.1 12.5 11.2 21.4 42.1 45.4 4.5 4.7 8.0 5.5 5.5 5.5 2.5 2.4 2.5 2.1 1.8 1.3 0.8 0.7 3.1 1.7 1.3 1 1.1 1.1 1.2 0.3 1.3 1.5 0.3
Total Non-Current Liabilities 667.1 635 624.1 649.2 629.1 621.3 386.4 397.3 373.4 364.6 154.5 177.6 301.2 123.2 113.7 296.6 499.9 452.7 445.4 464.3 450.8 422 87.3 111.4 521.3 103.8 489.8 482.6 476.4 424.2 29.8 402.1 395.4 391.0 386.8 381.1 18.7 19.8 20.8 21.9 23.1 90.5 44.5 46.9 46.5 49.4 52.5 67.4 54.3 53.8 61.2 50.7 9.8 9.2 10.0 7.9 7.5 7.8 4.4 4.0 4.4 4.2 4 3.6 2.9 2.9 3.1 1.7 1.3 1.3 1.1 1.1 1.2 1.1 1.3 1.5 1.7
Total Liabilities 1,498.8 1,378.4 1,262.1 1,195.5 1,152 1,129 816.1 795.8 1,086.3 1,019.4 846.1 760.1 675.3 660.9 598.8 582.3 753.4 698.5 671.3 677.2 640.8 608.5 698.3 684.4 661.6 669.1 605.4 583.2 548.4 512.4 486.2 463.9 441.9 445.5 425.0 408.8 42.2 50.2 47.5 48.8 46.4 142.6 63.2 66.9 79.5 81.9 72.5 134.9 151.9 163.8 162.8 147.8 42.3 38.8 32.4 20.8 19.5 22.8 14.8 11.1 14.4 12.8 9 7.3 6.6 8.5 8.2 5.1 6.1 8.7 6.4 6.6 5.7 5.2 4 4.9 3.9
Stockholders' Equity
Common Stock 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 0.1 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 0.1 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
Retained Earnings 589.6 447.7 294 84.5 (5.3) 29.2 81.1 (48.7) (113.7) (157.1) (304.8) (387.9) (483.4) (406.8) (495.8) (564.3) (547.4) (635.8) (628.5) (651) (693.3) (725.4) (1,073.3) (1,015.7) (1,095.3) (1,132.7) (1,166.7) (1,220.5) (1,271.8) (1,177.8) (1,195.8) (1,246.6) (1,240.7) (1,198.9) (1,205.8) (1,194.6) (1,134.7) (1,056.3) (1,011.7) (974.8) (934.5) (768.1) (762.9) (754.3) (738.2) (722.9) (486.7) (255.7) (244.6) (232.2) (225.5) (215.3) (201.9) (163.1) (92.8) (95.3) (81.9) (70.5) (61.0) (52.9) (47.7) (41.7) (38) (33.5) (28.9) (24.9) (18.1) (14.1) (6.1) (4.9) (5) (5.8) (5.9) (10) (14.5) (14.1) (15.9)
Accumulated Other Comprehensive Income 0.4 13.1 13.2 12.5 9 5.8 14.5 2.5 3.3 7 (1.7) (1.1) (2.7) (7.9) (14) (12.2) (9.3) (1.7) 0.4 0.7 1 1.8 3.2 4.6 (1.4) 1.4 1.6 0.6 (0.2) (1.9) (2.1) (2.8) (3.7) (1.9) (0.5) (0.7) (0.2) (0.3) (0.2) (0.0) (0.2) 0.7 0.7 1.2 1.0 (1.4) 1.2 (3.0) 1.2 0.7 3.2 2.2 2.1 0.7 (0.6) (0.3) (0.1) 0.1 (0.3) (1.0) (0.5) (0.6) (0.6) (5) (4.7) (4.2) (4.1) (3.7) (3) (3) (2) (2) (2) (2) (1.3) 0 0
Total Stockholders' Equity 3,407.4 3,253.1 3,003.6 2,694.3 2,535.7 2,589.7 2,718.9 2,509.2 2,386.1 2,232 2,002.1 1,853 1,684.5 1,707.8 1,544.6 1,423.4 1,391.1 1,374 1,346 1,279.2 1,205.6 1,126.2 804.3 831.2 700.3 636.9 574.5 483.7 409.3 480.8 447.5 377.4 364.5 372.1 347.5 345.2 247.1 314.9 351.7 381.0 413.0 12.4 16.7 4.0 7.3 19.1 245.0 411.5 425.4 391.1 210.0 215.2 224.3 259.8 145.5 142.9 153.3 163.2 81.4 86.9 92.0 96.4 59.3 63.3 68 72 78.7 78.4 82.2 83.2 78.5 77.4 77.2 72.8 68.2 68.5 24.2
Total Liabilities & Equity 4,906.2 4,631.5 4,265.7 3,889.8 3,687.7 3,718.7 3,535 3,305 3,472.4 3,251.4 2,848.2 2,613.1 2,359.8 2,368.7 2,143.4 2,005.7 2,144.5 2,072.5 2,017.3 1,956.4 1,846.4 1,734.7 1,502.6 1,515.6 1,361.9 1,306 1,179.9 1,066.9 957.7 993.2 933.7 841.3 806.4 817.6 772.5 754.1 289.4 365.1 399.2 429.8 459.3 155.0 79.9 70.8 86.9 101.0 317.5 546.5 577.3 555.0 372.8 363.0 266.5 298.6 178.0 163.6 172.8 186.0 96.3 97.9 106.4 109.2 68.3 70.6 74.6 80.5 86.9 83.5 88.3 91.9 84.9 84 82.9 78 72.2 73.4 28.1
Debt Metrics
Total Debt 406.2 415.3 908.1 439.1 447.5 455.1 251.4 256.2 511.9 428.4 273.6 276.5 259.9 262.9 265.8 268.6 480.2 440.4 437.1 435.3 429.5 412.3 508 503.8 499.7 495.5 478.1 464.7 460.6 388.5 383.6 378.9 374.2 369.6 365.1 360.7 0 0 0 0 0 9.5 10.5 11.5 18.2 18.2 50.1 58.9 47.1 36.4 22.5 8.3 7.9 6.7 3.7 4.2 3.5 3.9 3.1 2.6 2.9 3.1 3.1 2.3 3.6 3 0 0 0 1.6 0 0 0 1.6 0 0 2.2
Net Debt 139.7 (297.7) 567.9 175.1 253.4 222.1 (97.7) 116.5 115.6 177.3 (20.1) 116.3 156.1 0 53.6 105.3 210 99.6 126 67.3 76.9 225.2 82.7 88.7 312.7 383.2 311.4 323.7 387.8 246.8 187.9 212.5 198.9 114.9 97.3 51.2 (64.1) (83.3) (99.8) (86.2) (115.3) (85.6) (41.7) (25.8) (20.5) (33.4) (0.2) 36.1 9.1 (69.4) (12.4) (60.1) (36.4) (49.9) (8.2) (21.3) (23.8) (17.2) (8.1) 0.2 (9.1) (18.2) (4.5) (9.6) (2.6) (8.7) (18.6) (10.6) (14.1) (14.2) (15.1) (22.9) (7.2) (9.7) (7.2) (21.7) 2.2
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 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
Operating Activities
Net Income 197.9 153.7 209.5 107.5 7.9 103.1 129.8 65 43.4 147.7 83.1 95.5 (76.6) 89 68.5 (16.9) 13.9 (7.3) 22.5 42.3 32.1 347.9 (57.6) 79.6 37.4 34 53.8 51.3 (102.1) 18.1 50.8 (5.9) (41.8) 6.9 (11.1) (60.0) (78.3) (44.7) (36.9) (40.3) (19.3) 26.2 (5.6) (18.8) (11.1) (12.4) 3.2 (9.8) (10.2) (13.4) (38.8) (20.2) (19.8) (15.8) (14.6) 2.5 (13.3) (9.4) (8.1) (5.2) (6.0) (3.7) (4.4) (4.6) (4.1) (6.8) (4) (8) (1.2) 0 0.9 0.1 4.1 4.5 (0.4) 0 0
Depreciation & Amortization 7.3 7.5 7.7 7.3 7.6 7.1 6.5 7.3 6.2 5.7 5.5 5.1 5 4.4 4 3.9 3.3 3 2.8 2.6 2.5 2.2 2.2 2.1 2.1 2.1 2 1.8 1.6 1.3 1.1 0.9 0.8 0.7 0.6 0.6 0.5 0.4 0.4 0.3 0.3 2.5 2.5 2.4 1.5 1.2 0.8 1.0 1.0 0.9 0.9 0.8 0.7 0.7 0.7 0.7 0.6 0.6 0.6 0.5 0.5 0.6 0.5 0.4 0.6 0.4 0.5 0.4 0.4 0.4 0.3 0.4 0.2 0.3 0.3 0.2 0.2
Stock-Based Compensation 57.2 58.6 53.7 52.8 52.8 66.4 41.5 43.1 44.5 38.1 47.8 68.5 39.9 43.5 43.1 49.5 37 35.6 37.1 28.6 32.9 21 26.7 29.5 22.8 21.3 20.3 17.9 15.8 13.3 13.1 11.9 19.9 13.5 10.2 9.9 9.0 8.0 6.3 7.3 6.9 0 0 0 0 0 0 0 0 0 0 0 0 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 (3) 119.2 62.8 (39.1) (23.7) 94.3 4.4 (86.3) (31.6) (53.7) 46 93.4 (57.5) (1.5) (15.6) 25.4 (75.7) 4.9 (21) 12.9 19.9 (2.6) (5.2) 13.3 (49) 33.3 (11.8) 9.5 (30.8) 12.9 (1.1) 8.6 (22.2) 14.6 (15.3) (0.4) (7.8) 5.2 (0.6) 18.2 (17.0) 22.2 (18.9) (4.1) (19.8) (1.0) 21.4 12.0 1.1 (17.5) 7.2 1.0 1.9 3.3 14.6 (13.9) (0.4) (1.8) 4.7 (3.9) 1.5 6 (1.4) (0.4) (2) (1.5) 1.9 2 (4.7) 6.7 5.7 (8.5) (2.1) 5.1 (0.6) (1.9) (3.3)
Other Non-Cash Items (52.5) 1.2 (274.5) 10.9 33.9 2.9 10.7 76.8 83.4 (34.9) 33.8 (41.4) (4.4) (5.9) (10.2) 79.3 (18.7) (27.3) 14.7 7.3 6.1 (279.6) 13.5 (5.6) 22.2 11.9 33.5 (16.3) 3 4.9 5.1 5.0 4.9 4.9 6.3 1.6 (0.7) (0.6) (0.2) 0.1 (0.1) (5.3) (5.5) (5.5) (10.1) (12.4) (27.1) (9.5) (9.5) 92.8 (2.2) 3.7 (2.6) (0.4) (0.6) 9.4 0.7 4.9 0.9 (0.3) 2.1 (0.8) 1.5 0 1.5 5.2 1.4 3.5 (0.2) 2.4 (1.6) 1.9 0.1 0.1 0.1 1.6 0.5
Operating Cash Flow 145.8 388.4 227.5 102 64.8 242.5 158 64.6 130.3 123.5 212 179.6 (125.2) 143 98.8 138.1 (40.5) 4.2 61.8 103.2 87.3 88.9 (20.4) 118.9 35.5 102.6 97.8 64.2 (112.5) 50.5 68.9 20.5 (38.5) 40.6 (9.3) (48.2) (77.4) (31.6) (31.0) (14.3) (29.2) 45.6 (27.5) (26.0) (39.6) (24.5) (1.6) (6.4) (17.7) 62.8 (32.8) (14.7) (19.8) (12.1) 0.1 (1.3) (12.4) (5.8) (2.1) (8.8) (2.0) 2.1 (3.8) (4.6) (4) (2.7) (0.2) (2.1) (5.7) 9.5 5.3 (6.1) 2.3 10 (0.6) (0.1) (2.6)
Investing Activities
Capital Expenditure (9.1) 2.4 (13.2) (12.5) (10.7) (7.3) (8.1) (11.6) (11.2) (5.4) (7.6) (6.8) (8.5) (1.8) 1.7 (8.8) (7.6) (8.9) (5.7) (4.3) (4.5) (4.5) (0.4) (4.7) (1.3) (2.8) (3.5) (4.5) (3.9) (6.0) (12.4) (4.6) (1.8) (2.4) (2.8) (0.4) (1.4) (0.3) (0.8) (2.2) (0.7) (1.7) (1.1) (1.5) (16.4) (24.1) (17.4) (10.9) (20.9) (1.2) (1.3) (1.5) (2.1) (0.4) (0.3) (1.2) (1.3) (0.8) (0.4) (0.7) (0.5) (0.1) (0.9) (0.5) (0.6) (0.7) (1.4) (1.3) (0.4) (3.9) (0.1) (2) (0.4) 0 (1.1) (0.4) (0.3)
Acquisitions 63.2 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 (819.5) (323) (408.5) (315.1) (273.2) (311.8) (232.5) (191.7) (320.1) (487.2) (362.7) (323.8) (237.5) (233.3) (134.2) (60.9) (200.5) (141.4) (280.2) (289.4) (93.7) (336.3) (110.6) (116.6) (172) (330.1) (231.2) (119.6) (171) (216.7) (105.2) (84.7) (139.4) (138.9) (79.5) (307.2) (57.9) (81.6) (47.7) (113.9) (55.6) (29.6) 0.6 (20.6) (180.9) (290.9) (85.9) (148.7) (101.1) (112.7) (69.7) (100.4) (49.8) (181.6) (101.9) (32.6) (25.4) (126.4) (0.1) (0.1) (25.0) (60.9) (20.9) 0 (5.9) (10.5) (4) (12) (15.1) (28.1) (46) (15.6) (23.4) (20.7) (13.4) (21.2) (29.9)
Sales/Maturities of Investments 259.2 267.7 225 298.6 298.1 250.8 265.3 175.1 276.3 290.8 273 204.7 203.9 162.2 71.2 101.1 176.5 174 159.7 202.9 161.3 193.1 136.2 214.7 206.5 180.9 149.1 123.8 215.9 116.4 72.5 54.8 84.1 81.9 46.9 94.2 116.1 97.0 91.6 100.4 126.8 8.5 32.0 33.0 208.0 301.1 57.6 65.8 103.9 73.3 88.8 123.7 66.9 81.5 75.1 21.8 35.2 51.6 9.8 0 17 32 21.1 10.5 5 7 11.2 12.1 19.7 22.4 33 39.6 17.3 15.6 0.3 1.4 21.6
Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0 0 0 (42.7) 1.7 0 0 0 0 0 0 0 0 0 0 (14.1) 0 0 0 0.0 0 0.0 0.0 0.1 0.0 0 0 0 0 0.1 (0.2) 0 0 (0.5) (0.1) (42.0) 14.6 0 (0.5) (2.5) 0 0 0 0 0 0 0 0 0 0 0 (0.1) 0 0 0.1 0.2 (0.2) 0.1 0 0 0.1 (0.1) 0 (0.8) 0.5 (0.5) 0.1
Investing Cash Flow (506.2) (52.9) (196.7) (29) 14.2 (68.3) 24.7 (28.2) (55) (201.8) (97.3) (125.9) (42.1) (115.6) (61.3) 31.4 (31.6) 23.7 (126.2) (90.8) 63.1 (147.7) 25.2 93.4 33.2 (166.2) (85.6) (0.3) 41 (106.3) (45.1) (34.5) (57.0) (59.3) (35.4) (213.3) 56.8 15.1 43.2 (15.7) 70.3 (22.7) 31.5 10.4 10.5 (55.8) (31.1) (93.8) (18.6) (43.1) 17.7 21.7 15.0 (100.5) (27.2) (12.0) 8.5 (75.6) 9.3 (0.8) (8.5) (29.1) (0.7) 10 (1.4) (4) 5.6 (1.1) 4.2 (9.6) (13) 21.9 (6.5) (5.7) (13.7) (20.7) (8.5)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (279) 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 (1.6) (1.8) (1.7) 11.8 10.7 13.9 0.1 0.1 0.4 1.2 1.1 0.5 (0.6) 2.0 (0.4) 0.6 0.8 0.4 (0.2) (0.2) 0 0 0 (0.2) 2.3 (0.3) (0.3) (0.2) 0.5 (0.2) (0.2) (0.2) (0.2) (0.1) (0.2) (0.2)
Stock Repurchased (109.7) 0 0 (17.7) (150) (300) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Financing Activities 0 0 0 0 0 0 0 (308.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 (186.9) 2.9 0 2.7 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 0.1 0 0 0 0 0 0 0.0 0 0 0 0.1 0.1 0 (2.3) 2.3 0 0 0.1 0 0 0 0 (0.1) 0.1 0
Financing Cash Flow (86.1) 37.3 45.6 (3.3) (117.9) (290) 26.4 (293) 69.9 35.4 18.8 2.9 8.2 24.6 11.4 (276.4) 6.1 1.8 7.5 3 15.1 (179.4) 5.4 15.8 6 7.3 13.1 4.3 2.6 1.8 5.5 6.1 16.1 5.6 3.0 506.5 1.5 0.1 1.3 0.9 0.1 4.0 (0.0) (0.9) 13.8 12.5 14.8 189.1 2.7 4.4 2.8 1.8 1.3 (0.0) 179.0 (0.1) 2.0 91.4 1.4 0.1 1.2 40.6 0.2 0.3 (0.1) (0.1) 2.4 (0.3) (0.1) 0.8 (0.1) (0.1) 0.1 (0.2) (0.2) 42.4 4.8
Cash Position
Net Change in Cash (446.5) 372.8 76.2 69.9 (38.9) (116.1) 209.4 (256.6) 145.2 (42.6) 133.5 56.6 (159.1) 50.7 48.9 (106.9) (66) 29.7 (56.9) 15.4 165.5 (238.2) 10.2 228.1 74.7 (56.3) 25.3 68.2 (68.9) (54.0) 29.3 (7.9) (79.4) (13.1) (41.7) 244.9 (19.0) (16.5) 13.5 (29.1) 41.1 26.9 3.9 (16.5) (15.3) (67.8) (18.0) 88.9 (33.5) 24.1 (12.3) 8.8 (3.5) (112.6) 151.9 (13.5) (1.9) 9.9 8.7 (9.5) (9.3) 13.7 (4.3) 11.9 (11.7) 0 18.6 0 (15.8) 0 0 0 (11.3) 0 0 0 (6.4)
Cash at Beginning 721 348.2 272 202.1 241 357.1 147.7 404.3 259.1 301.7 168.2 111.6 270.7 220 171.1 278 344 314.3 371.2 355.8 190.3 428.5 418.3 190.2 115.5 171.8 146.5 78.3 147.2 201.2 171.9 179.8 259.2 267.8 314.1 69.2 88.2 99.8 86.2 115.3 74.2 48.5 44.6 61.0 38.0 105.9 123.8 34.9 68.4 44.3 56.6 47.9 51.3 163.9 11.9 25.4 27.3 11.2 2.5 12.0 21.3 7.6 11.9 0 11.7 0 0 0 15.8 0 0 0 11.3 0 0 0 6.4
Cash at End 274.5 721 348.2 272 202.1 241 357.1 147.7 404.3 259.1 301.7 168.2 111.6 270.7 220 171.1 278 344 314.3 371.2 355.8 190.3 428.5 418.3 190.2 115.5 171.8 146.5 78.3 147.2 201.2 171.9 179.8 254.7 272.4 314.1 69.2 83.3 99.8 86.2 115.3 75.4 48.5 44.6 22.7 38.0 105.9 123.8 34.9 68.4 44.3 56.6 47.9 51.3 163.9 11.9 25.4 21.1 11.2 2.5 12.0 21.3 7.6 11.9 0 0 18.6 0 0 0 0 0 0 0 0 0 0
Free Cash Flow 136.7 390.8 214.3 89.5 54.1 235.2 149.9 53 119.1 118.1 204.4 172.8 (133.7) 141.2 100.5 129.3 (48.1) (4.7) 56.1 98.9 82.8 84.4 (20.8) 114.2 34.2 99.7 94.3 59.7 (116.4) 44.4 56.6 15.8 (40.3) 38.2 (12.1) (48.6) (78.7) (32.0) (31.8) (16.6) (30.0) 43.9 (28.6) (27.5) (55.9) (48.5) (19.1) (17.3) (38.5) 61.6 (34.1) (16.2) (21.9) (12.5) (0.3) (2.5) (13.7) (6.6) (2.4) (9.6) (2.5) 2 (4.7) (5.1) (4.6) (3.4) (1.6) (3.4) (6.1) 5.6 5.2 (8.1) 1.9 10.2 (1.7) (0.5) (2.9)
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 814.5 805.5 794.9 687.5 572.6 627.7 622.1 590.2 515.3 515.2 498.8 452.7 420.4 412 387.9 378.2 310.6 312 296 288.9 236.6 247.9 258.5 302.4 237.1 244.0 222.1 183.5 138.4 131.5 151.8 96.9 71.1 94.5 60.8 6.3 0 0 0 0 15 0 0 0 19.8 0 0 0 0 0.7 0.7 0.7 0.7 21.9 9.4 10.6 11.3 11.1 41.6 12.2 12.5 13.7 14.4 4.6 0.8 0.7 0.7 0.7 0.7 0.7 0.8 0.7 1.8 0.5 0.5 0.0 0.1 9.4 1.1 9.2 19.5 14.1 64.7 33.2 11.9 18.5 34.7 15.0 16.9 27.1 45.0 3.9 4.2 12.8 3.3 3.5 3.5 5.3 2.9 2.8
Gross Profit 800.7 787.9 780.9 676.2 563.4 618.4 614.1 581 507.8 506.7 487.6 441.2 411.9 404.3 381.8 373.4 306 307.9 291.8 285.8 233.7 245 255.8 300 235 241.5 219.9 181.9 137.3 130.0 150.2 96.1 70.1 93.8 60.3 6.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9.4 10.6 11.3 11.1 41.6 12.2 12.5 13.7 14.4 4.6 0.8 0.7 0.7 0.7 0.7 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 4.1 5.9 3.5 3.3
Operating Income 186 210.9 239 145.6 23.6 142 183.8 145.4 99.3 150.3 141.2 73.6 (114.2) 103.4 87.8 54.7 3.1 (36.3) 44.5 62.8 31.5 71.8 (44.3) 76.6 58.9 48.7 90.1 34.4 (101) 21.9 54.3 (1.9) (37.4) 11.8 (6.0) (57.3) (79.9) (46.3) (38.4) (41.8) (20.9) (30.7) (35.8) (25.3) (2.3) (20.5) (16.9) (14.4) (12.7) (11.5) (12.0) (13.2) (13.0) 8.6 (4.0) (1.4) (1.8) 0.4 30.4 1.1 1.9 (0.1) 2.5 5.9 (10.2) (9.0) (9.7) (15.8) (19.1) (30.7) (15.7) (20.1) (20.8) (128.6) (28.8) (27.5) (27.3) (16.3) (40.2) (29.3) (27.6) (24.6) 25.1 (6.3) (19.3) (21.2) (3.0) (13.4) (14.7) (17.4) (12.5) (41.3) (22.0) (15.4) (15.6) (14.1) (11.3) (9.7) (7.4) (7.2)
Net Income 197.9 153.7 209.5 107.5 7.9 103.1 129.8 65 43.4 147.7 83.1 95.5 (76.6) 89 68.5 (16.9) 13.9 (7.3) 22.5 42.3 32.1 347.9 (57.6) 79.6 37.4 34 53.8 51.3 (102.1) 18.1 50.8 (5.9) (41.8) 6.9 (11.1) (60.0) (78.3) (44.7) (36.9) (40.3) (19.3) (29.3) (34.4) (24.0) (1.2) (19.4) (15.9) (13.4) (11.8) (10.6) (11.1) (12.2) (12.1) 9.5 (3.1) (0.5) (0.9) 1.3 31.4 2.0 2.9 2.5 3.3 (5.2) (8.6) (7.9) (8.2) (15.3) (19.7) (28.9) (17.7) (21.0) (21.1) (128.0) (27.2) (26.4) (25.7) (14.7) (39.1) (27.4) (25.9) (23.9) 26.2 (5.6) (18.8) (20.6) (1.6) (11.1) (12.4) 3.2 (10.2) (38.8) (19.8) (14.6) (13.3) (11.5) (9.4) (8.1) (5.2) (6.0)
EPS (Diluted) 1.91 1.48 2.04 1.06 0.08 1.00 1.24 0.63 0.42 1.44 0.82 0.95 -0.79 0.88 0.69 -0.18 0.14 -0.08 0.23 0.43 0.33 3.58 -0.62 0.81 0.39 0.35 0.56 0.54 -1.12 0.19 0.52 -0.07 -0.47 0.07 -0.13 -0.68 -0.90 -0.51 -0.43 -0.46 -0.22 -0.34 -0.40 -0.28 -0.01 -0.26 -0.21 -0.18 -0.17 -0.16 -0.17 -0.18 -0.18 0.14 -0.05 -0.01 -0.01 0.02 0.56 0.04 0.05 0.05 0.06 -0.09 -0.19 -0.17 -0.21 -0.39 -0.51 -0.75 -0.46 -0.55 -0.55 -3.34 -0.72 -0.69 -0.68 -0.39 -1.03 -0.73 -0.69 -0.64 0.68 -0.15 -0.51 -0.56 -0.05 -0.31 -0.35 0.09 -0.33 -1.26 -0.65 -0.48 -0.52 -0.45 -0.37 -0.37 -0.24 -0.28
Balance Sheet
Cash & Equivalents 266.5 713 340.2 264 194.1 233 349.1 139.7 396.3 251.1 293.7 160.2 103.8 262.9 212.2 163.3 270.2 340.8 311.1 368 352.6 187.1 425.3 415.1 187 112.3 166.6 141.0 72.8 141.7 195.7 166.4 175.3 254.7 267.8 309.5 64.1 83.3 99.8 86.2 115.3 95.1 52.2 37.3 38.6 51.7 50.4 22.7 38.0 105.9 34.9 68.4 44.3 56.6 11.9 25.4 27.3 21.1 11.2 2.5 12.0 21.3 7.6 11.9 6.2 11.7 18.6 10.6 14.1 15.8 15.1 22.9 7.2 11.3 7.2 21.7 0
Total Assets 4,906.2 4,631.5 4,265.7 3,889.8 3,687.7 3,718.7 3,535 3,305 3,472.4 3,251.4 2,848.2 2,613.1 2,359.8 2,368.7 2,143.4 2,005.7 2,144.5 2,072.5 2,017.3 1,956.4 1,846.4 1,734.7 1,502.6 1,515.6 1,361.9 1,306 1,179.9 1,066.9 957.7 993.2 933.7 841.3 806.4 817.6 772.5 754.1 289.4 365.1 399.2 429.8 459.3 155.0 79.9 70.8 86.9 101.0 317.5 546.5 577.3 555.0 372.8 363.0 266.5 298.6 178.0 163.6 172.8 186.0 96.3 97.9 106.4 109.2 68.3 70.6 74.6 80.5 86.9 83.5 88.3 91.9 84.9 84 82.9 78 72.2 73.4 28.1
Total Debt 406.2 415.3 908.1 439.1 447.5 455.1 251.4 256.2 511.9 428.4 273.6 276.5 259.9 262.9 265.8 268.6 480.2 440.4 437.1 435.3 429.5 412.3 508 503.8 499.7 495.5 478.1 464.7 460.6 388.5 383.6 378.9 374.2 369.6 365.1 360.7 0 0 0 0 0 9.5 10.5 11.5 18.2 18.2 50.1 58.9 47.1 36.4 22.5 8.3 7.9 6.7 3.7 4.2 3.5 3.9 3.1 2.6 2.9 3.1 3.1 2.3 3.6 3 0 0 0 1.6 0 0 0 1.6 0 0 2.2
Stockholders' Equity 3,407.4 3,253.1 3,003.6 2,694.3 2,535.7 2,589.7 2,718.9 2,509.2 2,386.1 2,232 2,002.1 1,853 1,684.5 1,707.8 1,544.6 1,423.4 1,391.1 1,374 1,346 1,279.2 1,205.6 1,126.2 804.3 831.2 700.3 636.9 574.5 483.7 409.3 480.8 447.5 377.4 364.5 372.1 347.5 345.2 247.1 314.9 351.7 381.0 413.0 12.4 16.7 4.0 7.3 19.1 245.0 411.5 425.4 391.1 210.0 215.2 224.3 259.8 145.5 142.9 153.3 163.2 81.4 86.9 92.0 96.4 59.3 63.3 68 72 78.7 78.4 82.2 83.2 78.5 77.4 77.2 72.8 68.2 68.5 24.2
Cash Flow
Operating Cash Flow 145.8 388.4 227.5 102 64.8 242.5 158 64.6 130.3 123.5 212 179.6 (125.2) 143 98.8 138.1 (40.5) 4.2 61.8 103.2 87.3 88.9 (20.4) 118.9 35.5 102.6 97.8 64.2 (112.5) 50.5 68.9 20.5 (38.5) 40.6 (9.3) (48.2) (77.4) (31.6) (31.0) (14.3) (29.2) 45.6 (27.5) (26.0) (39.6) (24.5) (1.6) (6.4) (17.7) 62.8 (32.8) (14.7) (19.8) (12.1) 0.1 (1.3) (12.4) (5.8) (2.1) (8.8) (2.0) 2.1 (3.8) (4.6) (4) (2.7) (0.2) (2.1) (5.7) 9.5 5.3 (6.1) 2.3 10 (0.6) (0.1) (2.6)
Capital Expenditure (9.1) 2.4 (13.2) (12.5) (10.7) (7.3) (8.1) (11.6) (11.2) (5.4) (7.6) (6.8) (8.5) (1.8) 1.7 (8.8) (7.6) (8.9) (5.7) (4.3) (4.5) (4.5) (0.4) (4.7) (1.3) (2.8) (3.5) (4.5) (3.9) (6.0) (12.4) (4.6) (1.8) (2.4) (2.8) (0.4) (1.4) (0.3) (0.8) (2.2) (0.7) (1.7) (1.1) (1.5) (16.4) (24.1) (17.4) (10.9) (20.9) (1.2) (1.3) (1.5) (2.1) (0.4) (0.3) (1.2) (1.3) (0.8) (0.4) (0.7) (0.5) (0.1) (0.9) (0.5) (0.6) (0.7) (1.4) (1.3) (0.4) (3.9) (0.1) (2) (0.4) 0 (1.1) (0.4) (0.3)
Free Cash Flow 136.7 390.8 214.3 89.5 54.1 235.2 149.9 53 119.1 118.1 204.4 172.8 (133.7) 141.2 100.5 129.3 (48.1) (4.7) 56.1 98.9 82.8 84.4 (20.8) 114.2 34.2 99.7 94.3 59.7 (116.4) 44.4 56.6 15.8 (40.3) 38.2 (12.1) (48.6) (78.7) (32.0) (31.8) (16.6) (30.0) 43.9 (28.6) (27.5) (55.9) (48.5) (19.1) (17.3) (38.5) 61.6 (34.1) (16.2) (21.9) (12.5) (0.3) (2.5) (13.7) (6.6) (2.4) (9.6) (2.5) 2 (4.7) (5.1) (4.6) (3.4) (1.6) (3.4) (6.1) 5.6 5.2 (8.1) 1.9 10.2 (1.7) (0.5) (2.9)