OR Royalties Inc. logo OR - OR Royalties Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $44.50 DETAILS
HIGH: $51.00
LOW: $38.00
MEDIAN: $44.50
CONSENSUS: $44.50
UPSIDE: 25.00%
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
Revenue
Revenue 101.4 91.8 71.6 60.4 54.9 55.1 56.8 47.4 45.0 49.2 62.1 60.5 59.6 61.9 53.7 51.5 50.7 50.7 50.0 57.9 66.9 64.6 55.7 40.8 52.6 51.0 109.2 131.6 100.7 115.3 111.7 137.8 125.6 109.6 68.2 18.4 17.1 13.7 17.6 15.8 15.6 12.8 11.7 10.2 10.6 7.6 9.6 0 0 0 0 0 0
Cost of Revenue 14.1 13.3 12.5 10.2 9.4 11.3 2.1 9.2 9.9 13.1 21.2 17.2 17.5 18.8 18.6 15.6 14.5 15.9 16.2 22.2 32.3 31.8 24.9 21.6 31.0 27.1 88.4 111.9 82.5 99.6 95.9 121.6 106.9 93.8 52.5 3.9 3.4 2.8 2.6 2.8 3.0 0 0 0 0 0 0.0 0 0 0 0 0 0
Gross Profit 87.3 78.5 59.1 50.2 45.6 43.8 54.6 38.2 35.1 36.1 40.8 43.3 42.1 43.1 35.1 35.9 36.2 34.8 33.8 35.7 34.6 32.8 30.8 19.1 21.6 23.9 20.9 19.7 18.2 15.8 15.8 16.3 18.7 15.7 15.6 14.4 13.7 10.9 14.9 13.0 12.6 12.8 11.7 10.2 10.6 7.6 9.5 0 0 0 0 0 0
Operating Expenses
R&D Expenses 0 0 2.0 2.8 2.1 0 0 1.5 1.0 0 1.3 1.3 1.5 1.5 1.2 1.3 1.4 1.1 0.9 1.1 1.0 5.6 1.9 1.6 1.1 1.2 1.4 1.8 1.7 0.8 1.1 1.5 1.2 4.0 9.7 2.7 1.8 1.9 1.6 2.7 2.2 3.5 2.2 1.6 3.7 2.7 0.6 0.0 0 0 0 0 0
SG&A Expenses 8.1 7.3 4.9 5.9 5.0 6.0 8.1 4.6 4.5 35.1 11.7 7.3 6.2 5.3 5.2 4.9 4.8 10.8 4.5 9.2 9.9 7.8 6.0 5.8 6.3 8.5 4.6 4.6 5.9 4.9 4.8 6.7 5.6 7.3 5.9 6.7 5.7 4.1 3.5 5.4 3.9 4.2 2.8 4.1 3.9 3.1 1.5 0.4 0.3 0.2 0.2 0.2 2.5
Other Expenses 0 0 5.5 0 0 0 9.4 49.6 0 0 17.5 6.6 0 1.8 0 0 0 61.1 0 41.3 2.6 0.0 0.0 0.0 26.3 144.1 0 0 0 0 (1.0) (1.5) (1.1) 0 0 0 0 (2.6) (1.4) 0.6 5.2 (4.6) (0.9) (0.2) 5.6 (1.0) 1.8 0.0 0.2 (5.8) (1.5) (3.2) 0
Operating Expenses 8.1 7.3 12.4 8.8 7.0 6.0 17.6 55.7 5.6 35.1 30.5 15.2 7.7 8.6 6.4 6.2 6.3 73.0 5.4 51.6 13.5 13.5 7.9 7.5 33.8 153.8 6.0 6.4 7.7 5.8 4.8 6.7 5.6 11.4 15.7 9.5 7.5 5.2 5.3 8.6 6.2 8.7 5.5 6.1 8.1 6.6 3.6 2.2 2.2 1.7 1.6 2.3 8.5
Operating Income
Operating Income 79.1 71.2 46.7 41.4 38.5 37.8 37.1 (17.6) 29.6 0.9 10.3 28.0 34.3 34.6 28.7 29.7 30.0 (38.2) 28.4 (15.9) 21.1 19.3 22.9 11.6 (12.1) (129.9) (38.3) 13.3 (28.3) (147.2) 11.0 9.6 13.1 (83.5) 0.9 5.9 6.2 6.8 10.4 4.8 7.1 4.0 7.1 4.5 2.6 (0.4) 5.9 (3.2) (4.0) (2.6) (2.5) (7.9) (2.5)
Interest Expense 0.8 0.7 0.9 1.1 1.7 1.4 1.7 2.1 3.7 6.5 6.1 3.4 2.9 5.4 5.5 5.5 5.9 6.3 6.0 5.9 6.1 6.2 6.4 6.6 6.9 6.2 5.8 5.8 5.7 6.7 6.4 6.3 6.6 4.8 1.6 1.0 0.9 0.9 1.0 1.0 0.6 0.2 0.2 0.2 0.1 0.0 0 0 0 0 0 0 0
Interest Income 1.8 1.8 1.1 0.6 0.6 1.1 1.2 0.9 1.3 1.5 1.1 2.2 2.1 3.7 3.1 1.9 1.1 1.1 1.1 1.3 1.3 1.1 1.3 1.1 1.1 1.6 1.1 0.9 1.2 0.8 1.0 1.0 1.5 1.1 0.8 1.1 1.3 1.0 0.9 0.8 0.6 0.7 1.0 1.3 1.1 0.6 0.5 0.5 0.6 0.4 0.3 0.3 0.3
Profitability
EBITDA 90.0 88.9 103.5 48.5 43.3 35.4 46.9 (12.1) 28.6 (32.6) 0.6 38.5 45.9 45.3 58.5 44.4 39.7 (12.7) 52.7 (3.4) 31.6 32.4 33.0 30.4 4.3 (156.6) (40.5) 25.4 (17.4) (134.4) 24.2 22.9 26.4 (74.2) 17.1 9.6 9.6 14.0 12.4 7.3 2.8 (0.8) 6.2 4.1 4.8 0.8 7.9 (2.5) (1.7) (21.1) (0.6) 3.3 (5.7)
EBIT 79.1 78.2 93.0 40.6 35.2 26.2 37.1 (20.0) 19.8 (42.7) (16.6) 25.3 32.1 31.0 44.1 32.3 28.1 (27.7) 39.8 (15.2) 19.3 18.5 23.1 21.4 (9.8) (168.8) (51.8) 13.3 (30.1) (147.4) 13.8 8.1 10.8 (87.0) 8.8 13.9 6.7 11.1 23.5 20.7 6.3 6.7 13.4 5.4 11.8 (0.2) 7.9 (2.5) (3.5) (22.1) (1.6) (2.3) (8.1)
Income Before Tax 86.4 77.5 92.1 39.4 33.5 15.5 26.0 (22.1) 17.0 (47.9) (22.7) 21.8 29.2 25.6 38.6 26.7 22.2 (34.0) 33.9 (21.1) 13.2 12.3 16.6 14.8 (16.6) (174.9) (57.7) (6.2) (35.8) (154.1) 7.4 1.8 4.2 (91.8) 7.2 13.0 5.7 10.2 22.5 19.7 (0.9) 6.5 13.3 5.2 11.7 (0.7) 7.9 (2.5) (3.5) (8.4) (3.9) (11.3) (8.1)
Income Tax Expense 13.9 11.3 9.2 7.1 7.9 8.6 7.8 (6.7) 5.9 2.8 (2.7) 3.9 8.4 3.2 10.6 8.7 5.4 1.2 8.3 4.0 3.4 8.3 4.1 1.8 (3.3) (19.8) (11.7) 0.4 (9.3) (40.2) 1.9 1.3 1.9 (27.4) 0.6 2.0 1.7 1.6 4.9 4.1 (0.8) 2.0 3.5 1.3 1.5 1.4 2.1 (0.2) 0.0 0.1 0.0 0.0 0.0
Net Income 72.6 66.2 82.8 32.4 25.6 6.9 18.1 (15.4) 11.2 (50.7) (20.0) 18.0 20.8 22.4 (158.6) 17.2 0.3 (21.2) 1.8 (14.8) 10.6 4.6 12.5 13.0 (13.3) (155.2) (45.9) (6.5) (26.5) (113.9) 5.5 0.5 2.3 (64.3) 6.7 11.0 4.1 8.7 17.8 15.7 (0.1) 4.6 9.9 4.0 10.3 (2.2) 5.8 1,645.3 24.2 10.5 9.8 (492.8) (8.2)
Per Share Data
EPS (Basic) 0.39 0.35 0.44 0.17 0.14 0.06 0.10 -0.11 0.08 -0.36 -0.11 0.10 0.11 0.12 0.15 0.09 -0.03 -0.13 0.01 -0.09 0.06 0.03 0.08 0.08 -0.09 -1.07 -0.32 -0.04 -0.17 -0.73 0.04 0.00 0.01 -0.41 0.05 0.10 0.04 0.08 0.17 0.15 -0.00 0.05 0.10 0.04 0.15 -0.03 0.12 36.69 0.51 0.22 0.20 -10.29 -0.19
EPS (Diluted) 0.38 0.35 0.61 0.17 0.14 0.06 0.10 -0.11 0.08 -0.36 -0.11 0.10 0.11 0.12 0.15 0.09 -0.03 -0.13 0.01 -0.09 0.06 0.03 0.08 0.08 -0.09 -1.07 -0.32 -0.04 -0.17 -0.73 0.04 0.00 0.01 -0.41 0.05 0.10 0.04 0.08 0.17 0.15 -0.00 0.05 0.10 0.04 0.14 -0.03 0.12 36.69 0.51 0.22 0.20 -10.29 -0.19
Shares Outstanding 187.6 188.1 188.3 187.7 187.0 186.7 186.4 186.2 185.8 185.5 185.5 185.3 184.7 184.0 184.8 185.3 166.9 167.2 167.9 164.0 165.8 162.2 166.1 164.7 148.0 144.4 143.5 155.0 155.1 155.1 156.3 156.2 157.7 157.6 140.6 106.7 106.5 106.5 106.6 106.4 99.1 94.4 94.4 93.0 69.3 69.3 46.7 44.8 47.9 47.9 47.9 47.9 43.7
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 95.3 141.8 79.4 49.6 63.1 59.1 43.3 48.0 70.6 67.7 70.8 70.0 119.1 90.5 300.5 449.3 449.4 115.7 151.9 255.0 320.6 302.5 160.7 202.0 158.3 83.5 123.7 83.6 108.5 174.3 137.2 188.6 332.6 333.7 108.9 348.6 423.6 499.2 392.7 424.5 439.0
Short-Term Investments 0 0 68.0 0 0 0 11.5 2.8 9.3 8.2 6.5 3.7 1.6 0 0 0 3.0 0 0 3.4 3.5 3.5 21.6 21.1 21.2 16.0 25.8 16.2 13.1 10 0 1 0.5 0 1.4 1.5 2.5 2.1 0.1 0.1 0.1
Net Receivables 5.7 3.2 4.8 3.0 2.8 3.1 6.4 12.5 4.2 4.1 7.3 5.5 8.9 2.0 10.2 27.7 16.3 1.4 16.0 17.4 16.0 1.0 11.6 8.4 8.8 4.9 16.3 12.0 6.2 12.3 4.7 7.0 7.4 0.9 14.8 6.3 5.7 1.5 7.7 6.3 5.7
Inventory 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0.0 0 26.4 25.1 18.6 19.2 25.8 18.4 10.0 10.3 0 0 1.3 0 69.8 0 0 5.8 8.0 10.0 9.9 8.4 0 0 0 0 0 0
Other Current Assets 3.0 2.3 0 49.3 1.5 0 0.8 1.0 1.5 2.2 4.0 4.6 3.2 9.7 1.1 6.7 213.7 13.3 2.6 3.5 5.0 11.8 2.9 5.9 4.4 0 3.2 71.5 1.7 0 148.2 2.6 2.2 8.4 2.0 1.5 1.3 7.9 2.5 1.5 2.6
Total Current Assets 103.9 147.3 153.1 102.0 67.4 63.8 62.1 64.3 85.6 84.0 88.6 83.9 132.8 104.8 311.9 510.1 707.4 152.9 189.8 305.1 363.5 335.2 207.0 237.3 192.8 108.3 169.1 183.3 129.5 197.6 306.0 207.2 352.7 352.9 135.6 358.0 433.1 510.7 403.0 432.4 447.4
Non-Current Assets
Property, Plant & Equipment 1,207.2 1,142.1 1,586.6 1,156.3 1,112.4 1,117.9 1,097.0 1,085.3 1,557.8 1,559.9 1,553.3 1,546.2 1,364.3 1,385.2 7.2 879.5 648.6 1,794.1 636.9 599.8 567.2 1,648.2 486.5 412.6 401.2 1,136.8 92.9 92.8 92.8 95.0 102.5 102.4 102.3 102.2 102.4 102.1 635.6 100.3 101.0 99.3 99.1
Goodwill 80.0 80.9 111.1 81.5 77.4 77.3 82.3 81.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 85.8 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2 111.2
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 1,643.4 1,592.2 1,575.8 1,650.4 543.2 0 494.8 492.6 494.5 467.3
Long-Term Investments 210.5 190.1 248.5 94.8 125.5 117.3 137.0 143.8 193.5 208.7 414.1 440.5 390.6 393.3 394.8 239.8 260.4 294.4 291.5 259.9 268.5 276.7 247.0 231.9 163.9 136.4 266.5 276.4 424.8 414.5 413.6 392.9 342.2 372.6 309.8 311.8 232.6 191.3 283.6 206.2 175.5
Other Non-Current Assets 8.4 2.0 11.2 7.6 6.1 1.3 6.0 6.5 1,566.4 2.2 8.9 9.3 9.8 1.8 1,310.6 1,182.9 1,165.1 18.0 1,161.0 1,134.7 1,125.5 25.8 1,148.3 1,135.6 1,147.2 34.3 1,308.7 1,379.3 1,402.6 1,416.3 1,508.5 1,644.9 1.6 1.7 0 0 (119.7) 0 0 0 0
Total Non-Current Assets 1,506.1 1,423.4 1,957.4 1,340.2 1,321.4 1,313.8 1,322.4 1,316.8 1,871.1 1,923.4 2,087.5 2,107.2 1,875.9 1,891.5 1,823.7 2,413.4 2,185.3 2,217.7 2,200.6 2,105.7 2,072.3 2,061.9 1,993.0 1,891.3 1,823.4 1,417.9 1,779.3 1,859.7 2,031.3 2,037.0 2,135.7 2,251.4 2,149.5 2,163.4 2,185.3 1,080.5 988.4 905.6 996.0 922.4 865.5
Total Assets 1,610.0 1,570.7 2,110.5 1,442.2 1,388.7 1,377.6 1,384.5 1,381.1 1,956.7 2,007.4 2,176.1 2,191.1 2,008.7 1,996.3 2,135.6 2,923.4 2,892.7 2,370.6 2,390.3 2,410.7 2,435.9 2,397.1 2,200.1 2,128.6 2,016.2 1,526.2 1,948.4 2,043.0 2,160.8 2,234.6 2,441.7 2,458.6 2,502.2 2,516.3 2,320.9 1,438.5 1,421.6 1,416.3 1,399.0 1,354.8 1,312.9
Current Liabilities
Account Payables 5.6 7.5 7.6 4.5 3.9 1.4 4.3 3.4 5.0 3.1 7.6 6.6 3.8 0.6 8.3 33.3 43.9 9.7 46.7 38.9 41.7 12.8 34.2 14.4 17.5 5.3 10.2 14.3 9.3 0.2 12.3 11.6 14.3 0.4 0.7 1.5 4.0 1.4 5.6 4.8 3.7
Short-Term Debt 1.2 1.2 0 0 0 0 0 0 0 0 0 0 0 0 298.2 300.6 298.0 294.9 0 0 0 49.9 49.6 49.3 49.0 0.6 0 0 0 0 0 0 0 0 0 0 0 0 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 0 7.1 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 10.3 10.3 25.7 0 0 0 0 0 11.2 15.1 0 0 0 13.9 0 9.9 211.4 34.9 6.0 11.1 10.3 36.5 3.8 1.6 0.5 15.7 7.2 78.6 7.8 13.0 7.8 7.8 7.8 14.9 7.9 14.8 4.5 4.3 4.3 4.3 4.2
Total Current Liabilities 25.3 32.5 35.0 21.6 13.5 14.6 14.1 13.1 17.3 20.5 19.8 18.8 15.1 17.9 317.6 356.8 567.0 346.3 71.8 68.7 62.7 109.5 96.7 74.3 75.7 21.5 18.2 93.6 22.2 23.0 24.1 26.6 27.5 28.8 21.9 28.1 13.8 15.9 13.9 11.0 9.4
Non-Current Liabilities
Long-Term Debt 0 3.8 0 35.7 74.3 93.9 59.8 79.6 151.9 191.9 315.4 319.6 134.4 147.9 0 4.6 116.3 115.5 405.3 402.0 401.3 350.6 372.0 372.4 374.5 269.2 347.6 326.1 324.4 352.8 419.7 419.2 467.5 464.3 193.7 46.2 46.0 45.8 45.6 45.3 45.1
Deferred Tax Liabilities 103.2 106.1 0 90.2 82.4 76.2 75.0 69.6 103.9 137.7 96.2 97.1 92.6 0 83.7 96.4 67.4 0 61.7 57.6 54.9 0 53.2 48.3 43.7 61.2 66.7 78.7 77.8 87.3 128.5 127.3 126.7 126.8 159.8 130.9 0 127.9 127.3 122.7 118.7
Other Non-Current Liabilities 0 (3.8) 127.1 0 0 0 0 0 103.9 0 0 0 0 86.6 0 82.1 47.5 128.7 29.4 28.7 31.2 86.0 31.2 20.0 20.8 15.4 0 0 0 0 129.7 128.7 128.8 128.8 173.5 145.9 143.0 140.4 138.8 13.6 130.9
Total Non-Current Liabilities 106.7 109.9 132.7 130.3 161.3 174.1 139.2 153.7 262.4 336.5 418.8 424.2 234.6 241.2 90.7 190.9 239.3 244.3 506.9 499.8 497.5 446.5 465.2 449.6 448.1 353.0 423.8 414.5 411.2 440.0 549.4 547.9 596.3 593.1 367.2 192.1 189.0 186.1 184.4 181.6 176.0
Total Liabilities 132.0 142.4 167.8 151.8 174.8 188.7 153.3 166.8 279.7 356.9 438.6 443.0 249.7 259.1 408.2 547.7 806.3 590.6 578.7 568.5 560.1 556.1 561.9 523.9 523.8 374.6 442.1 508.1 433.4 463.1 573.5 574.5 623.8 621.9 389.2 220.2 202.9 202 198.3 192.6 185.4
Stockholders' Equity
Common Stock 1,699.7 1,683.7 2,360.0 1,695.4 1,680.5 1,675.9 1,564.4 1,541.5 2,106.6 2,097.7 2,094.0 2,092.8 2,087.6 2,076.1 2,071.7 2,085.6 2,083.0 1,783.7 1,779.6 1,797.6 1,783.7 1,776.6 1,767.5 1,742.1 1,654.1 1,277.3 1,503.0 1,482.9 1,609.4 1,609.2 1,622.9 1,622.4 1,621.9 1,633.0 1,620.8 913.0 910.5 908.9 908.8 906.5 903.4
Retained Earnings (224.9) (269.5) (427.0) (373.3) (392.0) (408.7) (428.7) (427.2) (551.9) (554.7) (478.8) (447.7) (452.9) (463.6) (475.5) (305.5) (280.9) (283.0) (260.6) (247.3) (224.9) (174.5) (264.6) (272.0) (271.5) (192.5) (86.4) (33.3) 27.2 69.2 186.5 188.9 202.0 202.5 273.5 258.5 251.6 250.3 236.8 223.7 209.2
Accumulated Other Comprehensive Income (56.0) (51.6) (79.8) (90.9) (139.6) (141.8) 36.2 43.2 45.6 28.1 43.7 27.0 45.6 47.4 55.0 28.0 26.5 91.4 60.2 49.7 58.4 84.6 59.9 60.7 36.2 37.9 55.7 49.1 56.8 23.5 (7.0) 9.5 (8.0) (2.9) (10.5) (0.7) 43.1 7.8 9.4 (13.4) (30.3)
Total Stockholders' Equity 1,478.0 1,428.3 1,942.7 1,290.4 1,213.9 1,189.0 1,231.2 1,214.3 1,676.9 1,650.5 1,737.6 1,748.1 1,759.1 1,737.2 1,727.4 1,882.0 1,905.6 1,634.6 1,652.7 1,672.4 1,695.1 1,728.4 1,638.2 1,604.7 1,492.3 1,151.7 1,506.3 1,534.9 1,727.4 1,771.6 1,868.2 1,884.1 1,878.4 1,894.4 1,930.2 1,216.6 1,216.9 1,212.4 1,198.9 1,160.3 1,125.5
Total Liabilities & Equity 1,610.0 1,570.7 2,110.5 1,442.2 1,388.7 1,377.6 1,384.5 1,381.1 1,956.7 2,007.4 2,176.1 2,191.1 2,008.7 1,996.3 2,135.6 2,923.4 2,892.7 2,370.6 2,390.3 2,410.7 2,435.9 2,397.1 2,200.1 2,128.6 2,016.2 1,526.2 1,948.4 2,043.0 2,160.8 2,234.6 2,441.7 2,458.6 2,502.2 2,516.3 2,320.9 1,438.5 1,421.6 1,416.3 1,399.0 1,354.8 1,312.9
Debt Metrics
Total Debt 4.7 8.8 7.3 41.3 80.0 98.7 65.1 85.0 159.7 199.9 323.7 328.2 143.1 155.6 306.1 315.8 425.9 410.4 425.7 423.8 413.7 411.8 431.1 431.4 433.4 277.0 358.0 336.6 334.1 352.8 419.7 419.2 467.5 464.3 193.7 46.2 46.0 45.8 45.6 45.3 45.1
Net Debt (90.6) (133.0) (72.0) (8.3) 16.9 39.6 21.7 37.0 89.1 132.2 252.9 258.1 24.1 65.0 5.5 (133.5) (23.5) 294.7 273.8 168.8 93.1 109.3 270.4 229.4 275.1 193.5 234.3 253.0 225.6 178.5 282.5 230.6 134.9 130.6 84.8 (302.4) (377.6) (453.5) (347.2) (379.2) (393.9)
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 72.6 66.2 81.9 32.4 25.6 6.9 13.5 (15.4) 11.1 (50.7) (20.0) 13.5 15.4 16.5 62.1 14.5 13.5 (27.6) 26.4 (20.2) 7.7 3.6 12.5 13.0 (13.3) (155.2) (45.9) (6.5) (26.5) (113.9) 5.5 0.5 2.3 (64.4) 6.6 10.9 4 8.7 17.7 15.7 (0.1)
Depreciation & Amortization 10.8 10.7 10.4 7.9 0 9.2 7.3 7.8 8.7 10.1 62.7 10.0 10.2 10.6 10.4 9.4 9.3 15.0 10.2 11.8 12.3 10.9 10.0 9.0 14.1 12.2 11.3 12.2 12.7 13.0 13.2 13.3 13.3 12.8 8.4 3.7 3.4 2.9 2.7 2.9 3.1
Stock-Based Compensation 0 0 0 2.2 2.1 0 1.6 0 0 0 4.0 0 0 0 0 0 1.4 3.2 0 1.7 2.6 0 2.6 1.7 2.7 2.0 2.1 1.5 2.7 2.2 0.5 2.4 0.7 1.3 2.9 3.7 2.7 1.7 0.9 3.2 1.6
Change in Working Capital (10.3) 6.3 3.4 6.4 (1.0) 1.0 (0.6) (1.9) (0.5) 2.7 (0.3) (1.4) (2.4) (3.6) 12.2 (4.6) 0.5 (10.1) 15.0 (3.5) (11.8) 3.6 4.4 (3.1) (4.1) (8.0) 3.2 (2.1) 2.1 (2.5) 2.0 (1.0) (1.2) 5.3 (5.1) 0.4 (1.0) 1.0 (1.0) 2.1 (4.8)
Other Non-Cash Items (5.3) (3.2) (37.1) 1.5 12.1 23.7 7.9 54.6 12.4 73.9 0.2 11.1 4.9 9.8 (63.3) (25.8) (9.8) 28.9 (27.7) 32.4 3.5 5.8 3.0 (6.6) 28.0 186.1 69.6 16.1 43.3 160.1 (2.3) 3.4 6.5 1.2 (5.1) 0.3 1.3 17.6 (10.2) (12.9) 9.7
Operating Cash Flow 70.9 84.8 64.1 51.4 46.1 48.1 34.9 38.2 37.2 38.3 43.5 35.8 33.6 35.8 27.5 (0.2) 18.9 10.0 32.4 24.9 16.9 25.6 36.1 15.4 23.8 17.2 28.3 21.4 24.8 18.6 20.6 19.7 23.3 21.5 1.1 14.1 12.0 12.8 15.0 15.0 8.6
Investing Activities
Capital Expenditure (97.2) 0.0 (13.5) (17.9) (5.3) (59.9) (10.6) 0 0 (38.9) (26.8) (160.5) 0 (67.8) 7.9 0 (7.4) (49.5) 50.3 (74.9) (31.4) (45.9) (28.6) (28.4) (22.4) (12.7) (43.5) (0.0) (28.0) (48.1) (33.9) (49.2) (10.0) (23.5) (1.3) (12.5) (43.0) (5.0) (0.8) (20.0) (29.5)
Acquisitions 17.6 0 0 0 0 0 0 0 0 0 0 0 0 0 44.9 0 0 0 0 0 0 (2.7) (48.7) 0 0 63.8 43.2 0 0 0 0 0 0 1.0 (622.4) 0 0 0 0 0 3.6
Purchases of Investments (9.9) (0.2) 0.1 (1.0) (11.4) (0.6) (1.0) (3.7) (0.7) (1.4) (2.7) (41.6) (1.4) (3.2) 2.1 (0.3) (5.0) (3.6) (13.4) (3.2) (7.8) (4.1) (8.9) (18.4) (16.7) (28.7) (17.0) (37.9) (18.9) (10.0) (31.3) (59.3) (14.1) (76.7) (40.0) (68.3) (63.3) (17.9) (45.6) (13.3) (5.5)
Sales/Maturities of Investments 0 49.8 0.8 0 0 0.1 0 0 3.8 96.5 5.0 0.0 0 0 (15.4) 2.3 21.1 18.0 (15.6) 6.7 15.7 (3.2) 7.2 3.1 0.3 (43.0) 71.4 58.1 0.4 0 0 1.5 25.6 23.1 26.1 2.0 22.5 115.0 3.0 7.2 2.1
Other Investing Activities (0.0) (0.2) 1.7 (0.5) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) 0 0 (168.9) (75.9) (18.4) (15.7) (108.9) (32.5) (3.1) 3.7 4.9 (0.0) 0.0 0.7 (0.2) (0.4) 0.0 160.1 2.0 0.1 1.1 (0.2) (0.5) (1.6) 1.2 (0.7) (2.5) (1.5) (1.7)
Investing Cash Flow (89.4) 49.4 (10.9) (19.4) (16.7) (60.5) (11.6) (3.7) 3.2 56.2 (24.5) (202.1) (1.4) (70.9) (128.8) (73.9) (9.8) (33.3) (86.7) (72.5) (23.6) (52.3) (74.2) (43.7) (38.6) (19.8) 53.9 19.8 (46.4) 101.9 (63.2) (107.0) 2.6 (76.4) (638.1) (80.5) (82.5) 91.3 (45.9) (27.6) (31.0)
Financing Activities
Net Debt Issuance 0 0.1 (35.0) (40) (19.6) 32.7 (20.2) (32.3) (32.2) (88.6) (8.3) 141.0 (10.0) (112.3) (3.6) (87.8) 0 1.4 0 (1.6) (0.7) (15.1) (0.2) 0 71.7 0 19.8 0 (30) (71.7) 0 (51.8) 0 300 147.3 0 0 0 0 0 50
Stock Repurchased (12.7) (37.3) 0 (7.8) (0.9) (0.0) (0.4) 0 0 0 (0.1) 0 0 (0.6) (11.9) 0 (3.9) (0.2) (20.5) 0 (3.5) 0 0 (1.0) (3.0) (1.6) (71.4) (58.1) (11.9) (9.3) 0 (1.7) (20.3) 0 0 0 (1.8) 0 0 0 0
Dividends Paid (9.4) (9.8) (9.6) (7.9) (7.6) (7.5) (8.0) (7.4) (7.6) (8.0) (10.3) (7.0) (7.2) (7.1) (7.1) (7.6) (7.0) (6.8) (6.3) (6.4) (6.2) (6.2) (6.9) (6.6) (7.5) (6.9) (6.7) (7.5) (6.3) (6.4) (7.4) (6.4) (7.5) (7.6) (3.7) (3.9) (4.1) (4.1) (3.8) (4.0) (3.5)
Other Financing Activities (9.9) (0.3) (0.3) 9.6 2.7 (0.2) 0.4 (0.7) (2.5) (0.9) (0.2) (3.1) (0.5) (230.3) 12.0 161.7 19.5 1.3 (4.3) 3.7 32.6 229.4 6.4 (0.8) (0.8) (2.5) 15.2 0.6 5.5 (0.4) 0.1 0.1 (0.6) (12.6) (0.2) 1.5 1.3 0.9 (0.1) (0.3) (5.0)
Financing Cash Flow (28.3) (47.2) (45.0) (46.0) (25.4) 28.2 (28.2) (38.4) (38.7) (95.8) (18.9) 132.1 (11.1) (117.7) (20.5) 65.6 258.5 (4.4) (29.1) (4.2) 22.3 141.8 (0.7) 76.5 60.4 (11.1) (43.2) (65.0) (42.7) (87.6) (7.3) (59.8) (28.3) 279.9 405.2 (2.4) (3.7) (2.9) (2.8) (2.6) 216.6
Cash Position
Net Change in Cash (46.6) 84.8 7.2 (13.4) 4.0 15.8 (5.3) (4.1) 1.0 (1.0) 0.7 (35.2) 21.3 (150.4) (131.7) (175.4) 267.3 (28.4) (86.1) (53.0) 14.3 117.1 (41.3) 43.6 50.1 (15.5) 40.1 (24.9) (65.8) 37.1 (51.4) (144.0) (1.1) 224.8 (239.7) (74.9) (75.7) 106.5 (31.8) (14.5) 180.5
Cash at Beginning 141.9 56.9 49.7 63.1 59.1 43.3 48.6 52.1 51.1 52.1 70.0 88.1 66.8 217.2 348.9 524.2 92.7 119.1 205.9 258.6 239.7 120.3 202.0 158.3 108.2 123.7 83.6 108.5 174.3 137.2 188.6 332.6 333.7 108.9 348.6 423.6 499.2 392.7 424.5 439.0 258.5
Cash at End 95.3 141.8 57.0 49.6 63.1 59.1 43.3 48.0 52.1 51.1 70.8 52.8 88.1 66.8 217.2 348.9 360.0 90.7 119.8 205.6 254.0 237.5 160.7 202.0 158.3 108.2 123.7 83.6 108.5 174.3 137.2 188.6 332.6 333.7 108.9 348.6 423.6 499.2 392.7 424.5 439.0
Free Cash Flow (26.3) 84.8 50.6 33.4 40.8 (11.8) 24.3 38.2 37.2 (0.6) 16.7 (124.8) 33.6 (32.0) 35.4 (0.2) 11.5 (39.4) 82.7 (50.0) (14.5) (20.3) 7.5 (13.0) 1.4 4.5 (15.2) 21.3 (3.2) (29.6) (13.2) (29.5) 13.3 (2.0) (0.2) 1.6 (31.0) 7.8 14.2 (5.0) (20.9)
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
Income Statement
Revenue 101.4 91.8 71.6 60.4 54.9 55.1 56.8 47.4 45.0 49.2 62.1 60.5 59.6 61.9 53.7 51.5 50.7 50.7 50.0 57.9 66.9 64.6 55.7 40.8 52.6 51.0 109.2 131.6 100.7 115.3 111.7 137.8 125.6 109.6 68.2 18.4 17.1 13.7 17.6 15.8 15.6 12.8 11.7 10.2 10.6 7.6 9.6 0 0 0 0 0 0
Gross Profit 87.3 78.5 59.1 50.2 45.6 43.8 54.6 38.2 35.1 36.1 40.8 43.3 42.1 43.1 35.1 35.9 36.2 34.8 33.8 35.7 34.6 32.8 30.8 19.1 21.6 23.9 20.9 19.7 18.2 15.8 15.8 16.3 18.7 15.7 15.6 14.4 13.7 10.9 14.9 13.0 12.6 12.8 11.7 10.2 10.6 7.6 9.5 0 0 0 0 0 0
Operating Income 79.1 71.2 46.7 41.4 38.5 37.8 37.1 (17.6) 29.6 0.9 10.3 28.0 34.3 34.6 28.7 29.7 30.0 (38.2) 28.4 (15.9) 21.1 19.3 22.9 11.6 (12.1) (129.9) (38.3) 13.3 (28.3) (147.2) 11.0 9.6 13.1 (83.5) 0.9 5.9 6.2 6.8 10.4 4.8 7.1 4.0 7.1 4.5 2.6 (0.4) 5.9 (3.2) (4.0) (2.6) (2.5) (7.9) (2.5)
Net Income 72.6 66.2 82.8 32.4 25.6 6.9 18.1 (15.4) 11.2 (50.7) (20.0) 18.0 20.8 22.4 (158.6) 17.2 0.3 (21.2) 1.8 (14.8) 10.6 4.6 12.5 13.0 (13.3) (155.2) (45.9) (6.5) (26.5) (113.9) 5.5 0.5 2.3 (64.3) 6.7 11.0 4.1 8.7 17.8 15.7 (0.1) 4.6 9.9 4.0 10.3 (2.2) 5.8 1,645.3 24.2 10.5 9.8 (492.8) (8.2)
EPS (Diluted) 0.38 0.35 0.61 0.17 0.14 0.06 0.10 -0.11 0.08 -0.36 -0.11 0.10 0.11 0.12 0.15 0.09 -0.03 -0.13 0.01 -0.09 0.06 0.03 0.08 0.08 -0.09 -1.07 -0.32 -0.04 -0.17 -0.73 0.04 0.00 0.01 -0.41 0.05 0.10 0.04 0.08 0.17 0.15 -0.00 0.05 0.10 0.04 0.14 -0.03 0.12 36.69 0.51 0.22 0.20 -10.29 -0.19
Balance Sheet
Cash & Equivalents 95.3 141.8 79.4 49.6 63.1 59.1 43.3 48.0 70.6 67.7 70.8 70.0 119.1 90.5 300.5 449.3 449.4 115.7 151.9 255.0 320.6 302.5 160.7 202.0 158.3 83.5 123.7 83.6 108.5 174.3 137.2 188.6 332.6 333.7 108.9 348.6 423.6 499.2 392.7 424.5 439.0
Total Assets 1,610.0 1,570.7 2,110.5 1,442.2 1,388.7 1,377.6 1,384.5 1,381.1 1,956.7 2,007.4 2,176.1 2,191.1 2,008.7 1,996.3 2,135.6 2,923.4 2,892.7 2,370.6 2,390.3 2,410.7 2,435.9 2,397.1 2,200.1 2,128.6 2,016.2 1,526.2 1,948.4 2,043.0 2,160.8 2,234.6 2,441.7 2,458.6 2,502.2 2,516.3 2,320.9 1,438.5 1,421.6 1,416.3 1,399.0 1,354.8 1,312.9
Total Debt 4.7 8.8 7.3 41.3 80.0 98.7 65.1 85.0 159.7 199.9 323.7 328.2 143.1 155.6 306.1 315.8 425.9 410.4 425.7 423.8 413.7 411.8 431.1 431.4 433.4 277.0 358.0 336.6 334.1 352.8 419.7 419.2 467.5 464.3 193.7 46.2 46.0 45.8 45.6 45.3 45.1
Stockholders' Equity 1,478.0 1,428.3 1,942.7 1,290.4 1,213.9 1,189.0 1,231.2 1,214.3 1,676.9 1,650.5 1,737.6 1,748.1 1,759.1 1,737.2 1,727.4 1,882.0 1,905.6 1,634.6 1,652.7 1,672.4 1,695.1 1,728.4 1,638.2 1,604.7 1,492.3 1,151.7 1,506.3 1,534.9 1,727.4 1,771.6 1,868.2 1,884.1 1,878.4 1,894.4 1,930.2 1,216.6 1,216.9 1,212.4 1,198.9 1,160.3 1,125.5
Cash Flow
Operating Cash Flow 70.9 84.8 64.1 51.4 46.1 48.1 34.9 38.2 37.2 38.3 43.5 35.8 33.6 35.8 27.5 (0.2) 18.9 10.0 32.4 24.9 16.9 25.6 36.1 15.4 23.8 17.2 28.3 21.4 24.8 18.6 20.6 19.7 23.3 21.5 1.1 14.1 12.0 12.8 15.0 15.0 8.6
Capital Expenditure (97.2) 0.0 (13.5) (17.9) (5.3) (59.9) (10.6) 0 0 (38.9) (26.8) (160.5) 0 (67.8) 7.9 0 (7.4) (49.5) 50.3 (74.9) (31.4) (45.9) (28.6) (28.4) (22.4) (12.7) (43.5) (0.0) (28.0) (48.1) (33.9) (49.2) (10.0) (23.5) (1.3) (12.5) (43.0) (5.0) (0.8) (20.0) (29.5)
Free Cash Flow (26.3) 84.8 50.6 33.4 40.8 (11.8) 24.3 38.2 37.2 (0.6) 16.7 (124.8) 33.6 (32.0) 35.4 (0.2) 11.5 (39.4) 82.7 (50.0) (14.5) (20.3) 7.5 (13.0) 1.4 4.5 (15.2) 21.3 (3.2) (29.6) (13.2) (29.5) 13.3 (2.0) (0.2) 1.6 (31.0) 7.8 14.2 (5.0) (20.9)