Newmark Group, Inc. logo NMRK - Newmark Group, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 9
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $21.00 DETAILS
HIGH: $21.00
LOW: $21.00
MEDIAN: $21.00
CONSENSUS: $21.00
UPSIDE: 43.84%
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
Revenue
Revenue 847.2 1,006.0 863.5 759.1 665.5 872.7 685.9 633.4 546.5 747.4 616.3 585.8 520.8 607.3 664.6 755.4 678.2 984.5 788.1 629.9 504.0 601.4 435.9 383.7 483.9 632.4 586.6 551.5 447.7 631.7 518.8 466.6 430.5 460.6 398.2 405.1 332.6 387.6 372.6 294.9 294.9 489.8
Cost of Revenue 46.2 46.9 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 0 0 0 0
Gross Profit 800.9 959.1 863.5 759.1 665.5 872.7 685.9 633.4 546.5 747.4 616.3 585.8 520.8 607.3 664.6 755.4 678.2 984.5 788.1 629.9 504.0 601.4 435.9 383.7 483.9 632.4 586.6 551.5 447.7 631.7 518.8 466.6 430.5 460.6 398.2 405.1 332.6 387.6 372.6 294.9 294.9 489.8
Operating Expenses
R&D Expenses 0 0 0 2 0 0 0.9 0.9 0.9 0.9 0.7 0.7 0 0 0.8 0.4 0.3 0.3 0.3 0.3 0.3 0.4 0.3 0.2 0.3 0.2 0.6 0.6 0.6 0.3 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.2 0.2 0.3 0.3 0.1
SG&A Expenses 181.4 178.6 591.3 674.0 637.4 724.7 600.6 557.4 525.1 626.2 548.0 520.2 364.0 392.0 561.7 612.0 544.2 759.8 636.4 949.7 416.7 485.8 372.6 307.6 424.1 593.7 491.1 465.1 371.8 539.7 423.7 420.4 360.8 424.1 346.8 325.9 277.9 319.7 306.6 249.7 249.7 490.4
Other Expenses 592.5 656.9 187.0 40.4 45.6 44.1 43.4 34.3 43.1 40.9 37.6 37.4 168.6 189.9 43.7 53.8 121.2 (4.5) (74.1) (1,056.2) 23.0 112.4 (79.3) 65.1 31.5 46.7 (72.5) 36.6 37.4 0.6 (68.0) 20.4 16.6 26.4 (47.4) 23.8 18.7 14.4 2.9 19.4 19.4 59.2
Operating Expenses 774.0 835.5 778.3 716.4 683.0 768.8 644.9 592.7 569.1 668.0 586.2 558.3 532.6 581.9 606.2 666.2 665.7 755.5 562.6 (106.2) 440.0 598.6 293.6 372.9 455.9 640.7 419.1 502.2 409.9 540.6 355.9 440.9 377.6 450.6 299.5 349.9 296.7 334.2 309.7 269.3 269.3 549.7
Operating Income
Operating Income 27.0 123.6 85.2 42.7 (17.5) 103.9 41.1 40.7 (22.6) 79.4 30.1 27.5 (11.8) 25.4 58.5 89.1 12.6 228.9 225.6 736.1 64.0 2.8 142.3 10.8 28.1 (8.3) 167.5 49.3 37.8 91.1 162.9 25.7 52.8 10.0 98.7 55.2 35.9 53.4 62.9 25.6 25.6 (59.9)
Interest Expense 6.9 7.0 43.0 9.0 8.5 8.4 7.9 8.3 7.2 0 7.5 9.6 7.6 6.9 7.3 8.9 7.9 7.4 8.5 8.7 8.8 9.1 9.5 10.1 9.0 8.1 8.2 8.1 7.7 14.7 11.5 10.6 13.4 1.5 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 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 1.7 1.4 1.1 1.0 1.0 0.9 0.9 1.0
Profitability
EBITDA 73.2 172.6 130.6 83.4 28.8 148.8 85.6 81.6 21.4 123.3 71.5 69.6 27.0 72.4 102.8 128.1 48.1 269.9 254.4 767.0 85.0 39.4 172.0 39.7 74.1 38.6 204.3 82.7 75.8 227.5 95.1 46.3 69.6 36.5 51.4 79.1 54.7 67.9 66.0 44.0 44.0 (1.1)
EBIT 27.0 123.6 85.2 42.8 (17.5) 103.9 41.1 40.7 (22.6) 79.4 30.1 27.5 (11.8) 25.4 58.5 89.1 12.6 228.9 225.6 736.1 64.0 2.8 142.3 10.8 28.1 6.0 167.5 49.3 47.5 198.4 69.2 26.1 47.1 12.0 21.5 55.9 36.5 54.1 45.1 25.6 25.6 (59.9)
Income Before Tax 20.0 116.6 77.2 33.7 (26.0) 95.5 33.2 32.5 (29.8) 82.4 22.5 17.9 (19.4) 18.5 51.2 80.2 4.7 221.5 217.1 727.4 55.2 (6.3) 132.8 0.7 19.0 (16.5) 159.3 41.2 30.1 76.4 151.4 15.1 39.4 8.5 100.5 56.6 37.0 54.4 63.9 26.4 26.4 (58.9)
Income Tax Expense 3.4 33.2 18.7 4.2 (10.1) 31.4 8.8 9.0 (3.5) 29.1 8.4 6.7 (3.1) 6.3 13.3 18.4 4.0 36.4 53.8 142.2 10.6 (1.2) 33.3 0.1 4.8 (0.1) 36.8 9.1 6.7 36.9 35.9 10.8 6.9 54.1 2.0 1.4 (0.0) 2.0 1.1 0.4 0.4 (10.5)
Net Income 14.4 68.0 46.2 20.8 (8.8) 45.4 17.8 14.3 (16.3) 36.5 9.9 6.4 (10.3) 6.4 28.0 48.5 0.4 149.3 128.5 439.7 33.1 (3.8) 75.3 0.3 8.2 (11.0) 88.7 22.7 16.9 17.8 68.2 0.7 20.0 (46.2) 98.8 55.1 36.7 52.5 63.4 26.3 26.3 (47.8)
Per Share Data
EPS (Basic) 0.08 0.38 0.26 0.12 -0.05 0.27 0.10 0.08 -0.09 0.21 0.06 0.04 -0.06 0.06 0.16 0.26 0.00 0.77 0.64 2.35 0.17 -0.03 0.40 -0.01 0.03 -0.08 0.48 0.11 0.08 0.09 0.43 0.00 0.13 -0.34 0.65 0.37 0.24 0.35 0.42 0.18 0.18 -0.32
EPS (Diluted) 0.08 0.37 0.25 0.11 -0.05 0.15 0.07 0.08 -0.09 0.21 0.06 0.04 -0.06 0.06 0.15 0.26 0.00 0.59 0.63 2.13 0.16 -0.22 0.39 -0.01 0.03 -0.08 0.48 0.11 0.08 0.00 0.43 0.00 0.12 -0.54 0.65 0.24 0.16 0.35 0.42
Shares Outstanding 182.6 180.7 177.7 178.0 176.4 170.4 170.1 173.5 174.8 173.3 174.1 173.9 172.5 171.5 243.5 248.0 252.8 192.7 199.4 185.1 183.3 180.8 179.5 178.5 177.5 176.4 177.0 178.8 178.6 162.9 155.2 155.2 155.7 136.7 151.4 150.1 150.1 150.1 150.1 150.1 150.1 150.1
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q1
Current Assets
Cash & Cash Equivalents 335.0 349.3 224.1 195.8 157.1 197.7 178.6 176.4 140.9 164.9 143.3 164.4 210.7 233.0 229.7 280.5 442.8 191.3 170.8 165.7 142.9 191.4 273.0 306.4 291.5 163.6 116.3 107.7 72.5 122.5 70.6 60.3 48.1 121.0 137.3 95.7 (66.6) 66.6 24.1 (111.4)
Short-Term Investments 0 0 0 0 0 0 0 0 0 0.1 0.2 0.3 0.4 0.8 1.0 0 0 524.6 536.2 1,093.9 4.0 33.3 121.8 0 0 36.8 123.4 33.7 43.7 48.9 93.7 9.1 8.6 57.6 77.0 0 133.3 0 0 222.9
Net Receivables 1,580.1 628.4 596.3 598.7 573.2 607.9 585.3 573.1 545.5 632.1 528.9 532.8 527.9 523.7 507.8 516.5 528.8 594.9 514.4 407.3 394.1 376.8 380.1 402.7 439.1 508.4 478.7 466.8 445.9 451.6 390.2 317.7 293.1 210.5 194.0 173.0 0 260.0 146.7 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 21.9 22.0 0 0 0 0 0 0 0 0 0 0 0 0 762.4 876.6 989.8 1,055.8 1,393.3 863.0 1,209.6 415.0 736.8 1,015.4 0 1,156 0 0
Other Current Assets 0 1,027.4 1,534.3 1,472.2 975.0 895.3 1,144.9 934.0 609.6 635.1 773.4 1,191.9 539.0 236.8 1,256.4 945.4 719.8 1,156.7 1,345.0 543.4 935.7 1,198.6 1,674.7 1,219.6 916.5 349.5 794.8 930.3 968.2 1,118.5 1,478.0 897.1 1,230.0 423.3 839.2 1,246.6 0 1,142.8 130.1 0
Total Current Assets 1,915.1 2,005.0 2,442.6 2,343.7 1,787.5 1,772.7 1,993.2 1,760.2 1,377.3 1,506.1 1,485.1 1,940.9 1,365.1 1,076.0 2,032.8 1,800.2 1,734.1 2,524.4 2,611.2 2,239.8 1,503.9 1,819.1 2,465.7 1,939.9 1,661.7 1,073.5 1,554.9 1,565.4 1,552.1 1,757.1 2,057.5 1,298.8 1,595.9 825.1 1,258.9 1,524.1 66.6 1,482.7 300.9 111.4
Non-Current Assets
Property, Plant & Equipment 570.5 604.3 626.5 654.2 672.3 667.2 713.3 705.2 741.8 774.4 782.1 816.9 829.7 794.2 761.2 773.9 734.3 742.4 776.4 522.9 538.2 286.8 293.7 293.8 298.6 299.7 93.8 83.5 264.0 78.8 72.2 67.7 64.6 64.8 62.8 59.7 0 56.5 44.5 0
Goodwill 0 802.0 782.5 788.7 776.6 770.9 783.2 773.9 774.2 776.5 769.2 775.9 773.7 705.9 698.7 705.2 656.5 657.1 651.7 597.5 593.3 560.3 559.9 559.9 559.2 557.9 539.8 543.1 515.3 515.3 513.5 481.7 475.0 477.5 477.0 419.8 0 412.8 407.9 0
Intangible Assets 1,387.5 76.3 558.4 558.7 569.7 582.0 580.0 588.4 600.6 614.8 626.6 637.0 647.0 649.5 649.3 661.8 632.9 626.5 605.7 583.6 588.8 539.0 499.7 471.5 462.9 458.9 438.6 436.0 441.4 447.6 434.6 418.7 407.4 417.5 410.1 404.1 0 370.1 24.0 0
Long-Term Investments 0 0 5.0 5.0 5.2 5.2 5.2 5.2 5.2 4.9 7.7 7.7 103.6 100.0 7.5 97.1 112.3 108.3 102.3 114.8 113.6 111.0 155.6 163.1 177.2 194.1 202.4 163.5 154.7 154.7 132.1 132.2 118.3 107.6 103.8 2.9 0 2.9 0 0
Other Non-Current Assets 1,405.9 1,531.5 916.1 920.1 916.9 813.2 828.7 825.6 822.5 694.6 764.2 750.7 634.4 520.4 520.9 506.5 500.2 487.3 585.9 575.6 663.1 666.2 703.9 513.4 726.6 617.5 599.2 560.4 370.7 350.7 344.3 271.1 229.2 211.8 191.2 199.9 (66.6) 186.5 218.6 (111.4)
Total Non-Current Assets 3,364.0 3,014.1 3,017.8 3,046.2 3,060.3 2,937.4 3,010.9 2,998.7 3,044.6 2,965.5 2,949.7 2,988.2 3,083.0 2,864.7 2,707.9 2,814.8 2,706.4 2,691.8 2,722.0 2,394.3 2,496.9 2,163.4 2,212.9 2,192.4 2,224.5 2,128.1 2,028.8 1,941.5 1,901.1 1,697.1 1,663.6 1,538.4 1,461.2 1,447.9 1,281.0 1,108.3 (66.6) 1,051.9 695.0 (111.4)
Total Assets 5,279.1 5,019.2 5,460.5 5,390.0 4,847.7 4,710.1 5,004.1 4,758.9 4,421.9 4,471.6 4,434.8 4,929.1 4,448.1 3,940.8 4,740.7 4,615.0 4,440.4 5,216.2 5,333.2 4,634.1 4,000.7 3,982.4 4,678.6 4,132.2 3,886.2 3,201.6 3,583.7 3,506.9 3,453.2 3,454.2 3,721.1 2,837.1 3,057.2 2,273.0 2,539.9 2,632.3 0 2,534.7 995.9 0
Current Liabilities
Account Payables 0 0 291.9 288.7 259.8 272.3 288.5 264.9 264.8 266.5 266.0 263.0 252.2 208.2 201.8 189.0 222.1 223.2 214.1 164.0 162.4 97.3 110.3 124.9 126.6 162.0 142.1 131.8 130.3 113.7 110.1 97.6 85.6 79.4 79.2 63.6 0 57.5 68.0 0
Short-Term Debt 1,124.7 892.4 1,350.4 1,290.9 821.2 754.3 985.8 792.9 493.4 498.6 739.2 1,480.6 976.1 685.2 1,016.4 834.6 571.7 1,190.7 1,324.3 410.2 817.0 1,094.5 1,510.3 1,064.1 703.3 246.4 705.7 826.9 903.5 972.4 1,522.9 549.7 959.1 418.1 659.7 933.9 0 258.0 0 0
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 0 294.1 323.9 448.7 358.9 692.4 476.9 384.4 230.0 344.7 384.3 0 1,064.8 0 0
Other Current Liabilities 0 0 409.3 354.6 371.0 452.8 363.8 326.8 318.4 422.1 8.0 13.0 315.9 379.0 33.7 406.5 75.2 476.3 130.6 259.9 55.6 90.0 223.7 342.8 151.6 146.1 204.1 89.0 77.4 112.5 84.0 286.7 215.7 50.4 (331.3) (362.9) 0 (145.5) 56.6 0
Total Current Liabilities 1,124.7 892.4 2,372.2 2,258.9 1,764.4 1,780.4 1,962.0 1,695.8 1,370.3 1,489.6 1,597.6 2,322.9 1,818.5 1,576.1 1,877.3 1,692.5 1,455.3 2,192.7 2,305.3 1,695.2 1,468.5 1,705.3 2,251.2 1,655.8 1,375.7 1,045.4 1,604.5 1,520.4 1,523.8 1,664.6 2,101.1 1,230.1 1,527.8 782.6 1,097.0 1,403.2 0 1,410.4 485.0 0
Non-Current Liabilities
Long-Term Debt 832.0 671.7 746.5 871.2 770.9 670.7 770.4 745.2 670.2 547.3 475 225 225 0 547.1 546.5 542.5 545.2 544.6 682.2 681.3 680.4 879.5 953.6 952.8 589.3 598.6 582.8 538.6 537.9 433.9 659.6 812.5 1,083.2 0 0 0 0 0 0
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 3.4 3.4 0 2.8 0 0
Other Non-Current Liabilities 1,224.2 1,266.0 256.9 255.5 256.1 238.7 258.2 259.7 256.2 251.6 238.3 232.6 243.3 207.7 223.9 229.5 217.1 218.1 218.5 246.7 433.7 437.0 418.2 422.5 394.2 376.8 144.2 138.4 161.3 168.6 173.6 169.1 163.2 163.8 152.4 147.4 0 137.7 0 0
Total Non-Current Liabilities 2,462.8 2,374.9 1,468.3 1,617.6 1,536.4 1,405.5 1,563.1 1,540.1 1,500.6 1,403.3 1,323.4 1,095.9 1,126.8 839.8 1,379.3 1,401.5 1,367.3 1,359.3 1,381.3 1,347.3 1,541.3 1,336.0 1,514.7 1,591.6 1,568.2 1,194.1 971.4 943.7 908.6 706.5 607.6 828.7 975.7 1,247.0 152.4 147.4 0 140.5 0 0
Total Liabilities 3,587.5 3,267.4 3,840.6 3,876.5 3,300.8 3,186.0 3,525.1 3,235.9 2,870.8 2,892.9 2,921.1 3,418.8 2,945.3 2,415.9 3,256.6 3,094.0 2,822.6 3,552.0 3,686.6 3,042.5 3,009.9 3,041.3 3,765.9 3,247.4 2,943.9 2,239.5 2,575.9 2,464.1 2,432.4 2,371.2 2,708.7 2,058.9 2,503.5 2,029.6 1,249.4 1,550.6 0 1,550.9 485.0 0
Stockholders' Equity
Common Stock 0 0 2.6 2.6 2.6 2.5 2.4 2.4 2.3 2.3 2.3 2.3 2.3 2.2 2.2 2.2 2.2 2.2 2.1 2.0 1.9 1.9 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.5 1.5 1.5 1.5 0 1,080.5 0 735.9 494.7 0
Retained Earnings 0 0 1,249.2 1,208.4 1,193.1 1,207.3 1,167.0 1,154.3 1,145.2 1,166.7 1,135.3 1,130.6 1,129.4 1,145.0 1,143.8 1,121.1 1,078.1 1,079.7 932.3 805.7 372.4 342.8 348.4 278.1 282.1 313.1 344.9 277.1 275.6 278.0 277.3 224.9 238.1 199.5 459.5 0 0 245.9 0 0
Accumulated Other Comprehensive Income 0 0 2.6 4.7 (6.3) (11.3) (0.5) (8.6) (6.9) (4.6) (13.4) (5.4) (8.5) (12.0) (15.9) (9.1) (3.0) (2.7) (0.7) (0.6) (1.0) (0.5) (2.6) (2.6) (0.2) 1.5 (71.1) (66.7) 3.1 (58.4) (54.7) (52.0) (48.8) (45.8) (42.4) (39.7) 981.8 (34.0) 0 800.2
Total Stockholders' Equity 1,691.6 1,751.8 1,368.0 1,279.9 1,321.3 1,205.5 1,171.0 1,202.5 1,231.8 1,252.9 1,190.4 1,191.7 1,185.7 1,181.3 1,157.8 1,198.9 1,259.7 1,277.9 1,255.8 1,225.2 689.2 655.0 648.8 572.7 573.6 599.7 1,007.8 1,042.7 564.1 1,083.0 1,012.4 778.3 553.7 243.4 1,270.7 1,080.5 983.8 981.8 494.7 804.0
Total Liabilities & Equity 5,279.1 5,019.2 5,460.5 5,390.0 4,847.7 4,710.1 5,004.1 4,758.9 4,421.9 4,471.6 4,434.8 4,929.1 4,448.1 3,940.8 4,740.7 4,615.0 4,440.4 5,216.2 5,333.2 4,634.1 4,000.7 3,982.4 4,678.6 4,132.2 3,886.2 3,201.6 3,583.7 3,506.9 3,453.2 3,454.2 3,721.1 2,837.1 3,057.2 2,273.0 2,539.9 2,632.3 983.8 2,534.7 981.8 804.0
Debt Metrics
Total Debt 2,363.3 2,001.4 2,659.9 2,752.8 2,200.5 2,023.2 2,397.0 2,173.8 1,836.5 1,751.0 1,927.0 2,445.3 1,952.2 1,409.1 2,247.6 2,081.2 1,776.2 2,404.0 2,568.3 1,555.9 1,975.6 2,023.0 2,635.5 2,233.2 1,905.6 1,090.8 1,304.3 1,409.7 1,674.1 1,510.3 1,574.3 1,209.3 1,771.6 1,501.3 659.7 933.9 0 258.0 0 0
Net Debt 2,028.3 1,652.1 2,435.8 2,557.0 2,043.5 1,825.6 2,218.4 1,997.4 1,695.6 1,586.1 1,783.6 2,281.0 1,741.5 1,176.1 2,017.9 1,800.8 1,333.4 2,212.6 2,397.5 1,390.2 1,832.7 1,831.5 2,362.5 1,926.8 1,614.1 927.2 1,188.0 1,302.0 1,601.6 1,387.8 1,503.7 1,149.1 1,723.5 1,380.2 522.4 838.2 66.6 191.3 (24.1) 111.4
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 16.6 83.4 58.5 15.9 (15.9) 45.4 17.8 14.3 (16.3) 36.5 14.2 11.2 (16.3) 12.1 37.9 61.8 0.7 185.1 163.3 585.2 44.6 (5.1) 99.5 0.6 14.2 (16.3) 122.6 32.1 23.4 39.6 115.6 4.3 32.5 (45.5) 98.5 55.2 37.0 52.4 62.8 26.3 26.3
Depreciation & Amortization 46.2 46.9 45.5 (46.4) 46.4 44.9 44.6 40.9 44.0 43.9 41.5 42.0 38.8 47.1 44.4 38.9 35.5 40.9 28.9 30.9 21.1 36.6 29.6 28.9 46.0 32.6 36.8 33.4 28.3 29.1 25.9 20.2 22.5 24.4 29.9 23.2 18.2 13.8 20.9 18.4 18.4
Stock-Based Compensation 68.4 66.4 81.1 (74.3) 74.3 59.7 48.7 25.5 51.4 54.9 29.5 19.6 35.6 35.3 44.1 42.0 16.9 40.6 19.7 281.8 14.3 56.2 50.8 10.9 12.9 149.0 56.6 39.4 13.9 100.5 40.8 67.4 17.4 93.2 18.2 23.9 10.6 48.2 16.6 11.7 11.7
Change in Working Capital (162.5) (95.8) (22.8) 227.9 (227.9) (20.2) 16.6 (40.2) (179.7) (12.9) 0.7 (68.1) (180.5) 16.8 (65.6) (32.5) (124.2) (171.7) (433.0) 282.0 (26.8) 9.7 24.7 (14.1) (182.3) (26.2) (24.8) 23.9 (145.9) 29.3 6.1 (18.3) (63.0) 20.3 (0.4) 9.3 (27.2) 20.6 (3.3) (39.8) (39.8)
Other Non-Cash Items (216.3) 490.6 (40.3) (502.9) (56.3) 271.6 (212.9) (299.0) 31.7 102.7 327.7 (505.4) (276.4) 844.7 (135.0) (273.4) 573.4 65.4 (765.9) (682.1) 237.9 465.6 (590.6) (329.0) (558.4) 483.1 (4.6) 44.9 109.4 93.5 (703.1) 398.4 (603.0) 289.0 192.1 (194.5) 268.4 (522.0) (72.6) (126.1) (126.1)
Operating Cash Flow (247.6) 618.5 112.6 (379.7) (179.4) 402.6 (85.2) (258.5) (68.8) 220.0 413.5 (500.6) (398.8) 931.6 (74.3) (163.1) 502.2 277.8 (1,111.7) 494.2 291.0 563.4 (386.0) (302.7) (652.4) 593.3 174.8 179.2 39.4 304.0 (515.4) 469.4 (590.4) 342.5 320.1 (106.8) 296.4 (435.2) 7.9 (109.5) (109.5)
Investing Activities
Capital Expenditure 247.6 (9.7) (7.7) 5.4 (5.4) (6.1) (9.2) (9.3) (7.0) (11.5) (10.2) (15.5) (18.2) (22.2) (22.5) (8.9) (8.7) (8.4) (5.2) (3.7) (2.4) (3.4) (4.2) (2.2) (9.9) (11.7) (12.8) (5.2) (6.2) (11.2) (2.2) (8.5) (2.2) (7.2) (5.1) (5.7) (3.1) (11.0) (13.5) (4.1) (4.1)
Acquisitions (2.4) 0 0 0 0 0 0 0 0 0 0 0 (99.9) 0 0 (64.2) 0 (10.8) (15.4) (4.6) (39.0) 0 0 0 (5.8) (15.7) (2.0) 0.4 0 (2.0) (27.3) 1.1 0.5 0.0 3.9 (0.1) (1.0) 0.2 0.8 (0.2) (0.2)
Purchases of Investments (0.5) 0 0 0 0 0 0 0 (0.3) 0 0 0 0 0 (0.0) (0.4) (2.4) (7) (1.5) 4,437 0 (12.8) 0 0 5.8 0 (7.9) (20.1) 0 (7) 0 (15) (7.5) (18.7) 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 (105.5) 105.5 0 0 0 0 73,475 437.8 55.4 460.3 3.8 31.6 0 0.1 0 34.6 0 10.4 13.1 9.1 44.4 0 (0.8) 52.2 18.7 0 0 0 0 0 0 0
Other Investing Activities 0 (58.5) (110.3) (11.9) 0 (0.1) (1.5) 0 0 105.5 0 0 0 0 (0.0) (73,475) 0 0 (1.5) (4,437) 0 0.1 0 (0.1) (5.8) 1.3 7.3 (16.6) 8.8 36.5 (0.5) (6.4) (0.5) 18.7 130 (130) 0 (1.8) (3.7) (1.1) (1.1)
Investing Cash Flow (13.2) (68.2) (118.0) (6.5) (5.4) (6.1) (10.7) (9.3) (7.4) (11.5) 95.3 (15.5) (118.1) (22.2) (22.5) (73.5) 426.8 29.1 438.2 (4.4) (9.8) (16.1) (4.1) (2.2) 18.8 (26.2) (5.0) (28.4) 2.9 24.3 (29.5) (29.5) 42.5 11.5 128.8 (135.8) (4.0) (10.8) (12.7) (5.4) (5.4)
Financing Activities
Net Debt Issuance 317.2 (533.0) (65.5) 569.7 166.9 (333.1) 217.9 374.4 119.8 (168.9) (492.0) 503.8 515.3 (878.9) 181.8 262.9 (619.0) (26.9) 774.2 (407.3) (277.4) (649.1) 371.2 360.8 858.7 (469.3) (103.7) (35.4) (68.9) (319.8) 482.8 (493.5) 483.3 (301.7) (338.6) 252.2 (261.4) 0 0 0 0
Stock Repurchased (136.3) (1.5) 0 (125.5) 0 (30.4) (89.6) (55.5) (37.2) (5.2) (18.9) (13.4) 0 (13.6) (105.3) (145.0) (30.9) (151.2) (84.1) (45.9) (9.3) (6.4) 0 0 0 (3.4) (20.1) (13.9) 0 (0.5) 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (5.4) (5.4) (5.3) (5.5) (5.4) (5.1) (5.1) (5.2) (5.2) (5.2) (5.2) (5.2) (5.2) (5.2) (5.4) (5.5) (1.9) (1.9) (2.0) (1.9) (1.8) (1.8) (1.8) (1.8) (17.8) (17.6) (17.7) (17.9) (16.0) (9.2) (37.1) (13.9) 0 (101.7) 0 0 0 0 0 0 0
Other Financing Activities 71.0 (3.6) (6.4) (10.4) (13.8) (7.4) (21.2) (6.5) (21.3) (3.7) (11.1) (12.1) (11.4) (6.3) (22.0) (38.5) (25.7) (105.6) (7.0) (5.8) (39.9) 31.8 (9.9) (38.5) (77.6) (29.3) (19.3) (56.0) (6.9) (195.6) 110.9 (2.0) (58.7) 122.3 (68.7) (0.9) (10.6) 436.6 (34.4) 116.9 116.9
Financing Cash Flow 246.5 (543.5) (77.2) 428.2 147.6 (375.9) 102.1 307.2 56.1 (183.0) (527.3) 473.1 498.7 (904.0) 49.2 73.8 (677.5) (285.7) 681.0 (463.2) (328.4) (625.5) 359.5 320.5 763.3 (519.6) (160.8) (123.2) (91.9) (527.9) 556.6 (356.6) 666.6 (370.3) (407.3) 251.4 (272.0) 436.6 (34.4) 116.9 116.9
Cash Position
Net Change in Cash (14.3) 6.9 (82.5) 42.0 (37.2) 20.5 6.1 39.5 (20.0) 25.4 (18.4) (43) (18.2) 5.4 (47.6) (162.8) 251.5 21.3 7.6 26.5 (47.2) (78.3) (30.5) 15.5 129.7 47.6 9.0 27.5 (49.6) (199.7) 11.8 83.3 118.6 (16.3) 41.6 (42.2) 20.4 (9.4) (39.3) 1.9 1.9
Cash at Beginning 233.9 227.0 309.6 267.6 304.9 284.3 278.2 238.7 258.7 233.3 251.7 294.7 313.0 307.5 355.2 518.0 266.5 245.2 237.6 211.1 258.4 336.7 367.1 351.6 221.9 174.3 165.3 137.8 187.4 387.1 375.3 292.0 173.4 137.3 95.7 137.9 117.6 76.0 115.3 113.4 111.4
Cash at End 219.6 233.9 227.0 309.6 267.6 304.9 284.3 278.2 238.7 258.7 233.3 251.7 294.7 313.0 307.5 355.2 518.0 266.5 245.2 237.6 211.1 258.4 336.7 367.1 351.6 221.9 174.3 165.3 137.8 187.4 387.1 375.3 292.0 121.0 137.3 95.7 137.9 66.6 76.0 115.3 113.4
Free Cash Flow 0 608.8 104.9 (374.3) (184.8) 396.4 (94.4) (267.8) (75.8) 208.4 403.4 (516.1) (417.0) 909.4 (96.8) (172.0) 493.5 269.4 (1,116.9) 490.5 288.5 559.9 (390.2) (304.9) (662.3) 581.6 162.0 173.9 33.2 292.8 (517.5) 460.9 (592.6) 335.3 315.0 (112.6) 293.4 (446.1) (5.6) (113.7) (113.7)
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
Income Statement
Revenue 847.2 1,006.0 863.5 759.1 665.5 872.7 685.9 633.4 546.5 747.4 616.3 585.8 520.8 607.3 664.6 755.4 678.2 984.5 788.1 629.9 504.0 601.4 435.9 383.7 483.9 632.4 586.6 551.5 447.7 631.7 518.8 466.6 430.5 460.6 398.2 405.1 332.6 387.6 372.6 294.9 294.9 489.8
Gross Profit 800.9 959.1 863.5 759.1 665.5 872.7 685.9 633.4 546.5 747.4 616.3 585.8 520.8 607.3 664.6 755.4 678.2 984.5 788.1 629.9 504.0 601.4 435.9 383.7 483.9 632.4 586.6 551.5 447.7 631.7 518.8 466.6 430.5 460.6 398.2 405.1 332.6 387.6 372.6 294.9 294.9 489.8
Operating Income 27.0 123.6 85.2 42.7 (17.5) 103.9 41.1 40.7 (22.6) 79.4 30.1 27.5 (11.8) 25.4 58.5 89.1 12.6 228.9 225.6 736.1 64.0 2.8 142.3 10.8 28.1 (8.3) 167.5 49.3 37.8 91.1 162.9 25.7 52.8 10.0 98.7 55.2 35.9 53.4 62.9 25.6 25.6 (59.9)
Net Income 14.4 68.0 46.2 20.8 (8.8) 45.4 17.8 14.3 (16.3) 36.5 9.9 6.4 (10.3) 6.4 28.0 48.5 0.4 149.3 128.5 439.7 33.1 (3.8) 75.3 0.3 8.2 (11.0) 88.7 22.7 16.9 17.8 68.2 0.7 20.0 (46.2) 98.8 55.1 36.7 52.5 63.4 26.3 26.3 (47.8)
EPS (Diluted) 0.08 0.37 0.25 0.11 -0.05 0.15 0.07 0.08 -0.09 0.21 0.06 0.04 -0.06 0.06 0.15 0.26 0.00 0.59 0.63 2.13 0.16 -0.22 0.39 -0.01 0.03 -0.08 0.48 0.11 0.08 0.00 0.43 0.00 0.12 -0.54 0.65 0.24 0.16 0.35 0.42
Balance Sheet
Cash & Equivalents 335.0 349.3 224.1 195.8 157.1 197.7 178.6 176.4 140.9 164.9 143.3 164.4 210.7 233.0 229.7 280.5 442.8 191.3 170.8 165.7 142.9 191.4 273.0 306.4 291.5 163.6 116.3 107.7 72.5 122.5 70.6 60.3 48.1 121.0 137.3 95.7 (66.6) 66.6 24.1 (111.4)
Total Assets 5,279.1 5,019.2 5,460.5 5,390.0 4,847.7 4,710.1 5,004.1 4,758.9 4,421.9 4,471.6 4,434.8 4,929.1 4,448.1 3,940.8 4,740.7 4,615.0 4,440.4 5,216.2 5,333.2 4,634.1 4,000.7 3,982.4 4,678.6 4,132.2 3,886.2 3,201.6 3,583.7 3,506.9 3,453.2 3,454.2 3,721.1 2,837.1 3,057.2 2,273.0 2,539.9 2,632.3 0 2,534.7 995.9 0
Total Debt 2,363.3 2,001.4 2,659.9 2,752.8 2,200.5 2,023.2 2,397.0 2,173.8 1,836.5 1,751.0 1,927.0 2,445.3 1,952.2 1,409.1 2,247.6 2,081.2 1,776.2 2,404.0 2,568.3 1,555.9 1,975.6 2,023.0 2,635.5 2,233.2 1,905.6 1,090.8 1,304.3 1,409.7 1,674.1 1,510.3 1,574.3 1,209.3 1,771.6 1,501.3 659.7 933.9 0 258.0 0 0
Stockholders' Equity 1,691.6 1,751.8 1,368.0 1,279.9 1,321.3 1,205.5 1,171.0 1,202.5 1,231.8 1,252.9 1,190.4 1,191.7 1,185.7 1,181.3 1,157.8 1,198.9 1,259.7 1,277.9 1,255.8 1,225.2 689.2 655.0 648.8 572.7 573.6 599.7 1,007.8 1,042.7 564.1 1,083.0 1,012.4 778.3 553.7 243.4 1,270.7 1,080.5 983.8 981.8 494.7 804.0
Cash Flow
Operating Cash Flow (247.6) 618.5 112.6 (379.7) (179.4) 402.6 (85.2) (258.5) (68.8) 220.0 413.5 (500.6) (398.8) 931.6 (74.3) (163.1) 502.2 277.8 (1,111.7) 494.2 291.0 563.4 (386.0) (302.7) (652.4) 593.3 174.8 179.2 39.4 304.0 (515.4) 469.4 (590.4) 342.5 320.1 (106.8) 296.4 (435.2) 7.9 (109.5) (109.5)
Capital Expenditure 247.6 (9.7) (7.7) 5.4 (5.4) (6.1) (9.2) (9.3) (7.0) (11.5) (10.2) (15.5) (18.2) (22.2) (22.5) (8.9) (8.7) (8.4) (5.2) (3.7) (2.4) (3.4) (4.2) (2.2) (9.9) (11.7) (12.8) (5.2) (6.2) (11.2) (2.2) (8.5) (2.2) (7.2) (5.1) (5.7) (3.1) (11.0) (13.5) (4.1) (4.1)
Free Cash Flow 0 608.8 104.9 (374.3) (184.8) 396.4 (94.4) (267.8) (75.8) 208.4 403.4 (516.1) (417.0) 909.4 (96.8) (172.0) 493.5 269.4 (1,116.9) 490.5 288.5 559.9 (390.2) (304.9) (662.3) 581.6 162.0 173.9 33.2 292.8 (517.5) 460.9 (592.6) 335.3 315.0 (112.6) 293.4 (446.1) (5.6) (113.7) (113.7)