Phillips Edison & Company, Inc. logo PECO - Phillips Edison & Company, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 7
HOLD 7
SELL 0
STRONG
SELL
0
| PRICE TARGET: $41.40 DETAILS
HIGH: $45.00
LOW: $37.00
MEDIAN: $43.00
CONSENSUS: $41.40
UPSIDE: 2.73%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2
Revenue
Revenue 191.9 187.9 182.7 177.8 178.3 173.0 165.5 161.5 161.3 154.4 152.5 152.1 151.1 145.0 145.7 142.5 142.2 137.1 132.3 133.1 130.4 120.8 126.7 119.0 131.5 135.3 136.0 132.6 132.8 118.1 104.9 104.2 103.2 102.8 70.6 69.9 68.3 66.3 65.3 63.1 63.1 62.1 61.8 59.2 58.9 58.6 50.0 43.9 35.7 26.6 20.1 15.2 11.2 7.1 5.1 3.1 (0.1) (1.5) 0.8 0.6
Cost of Revenue 186.1 55.7 52.4 50.6 51.0 51.0 47.1 46.9 45.4 45.6 43.3 43.1 43.1 42.0 41.1 39.3 40.8 42.7 38.0 38.8 38.8 41.4 38.1 36.1 38.9 40.7 41.3 38.9 40.2 38.9 32.1 30.2 31.3 33.5 21.6 20.5 21.7 24.2 20.0 20.4 19.7 20.4 20.4 18.4 19.9 21.4 19.1 19.4 10.4 16.8 10.1 7.5 3.4 3.6 2.6 0.2 0 0.3 0.0 0.3
Gross Profit 5.8 132.2 130.2 127.2 127.3 122.1 118.4 114.6 115.9 108.8 109.2 109.1 107.9 103.1 104.5 103.2 101.4 94.3 94.4 94.3 91.6 79.3 88.6 83.0 92.6 94.7 94.7 93.7 92.6 79.2 72.8 73.9 71.9 69.2 49.0 49.4 46.6 42.1 45.3 42.7 43.4 41.7 41.4 40.8 39.0 37.2 31.0 24.5 25.3 9.8 10.1 7.7 7.8 3.5 2.6 2.9 (0.1) (1.8) 0.8 0.4
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 13.9 12.8 12.9 12.1 11.6 11.1 11.1 11.8 10.8 10.4 11.7 11.5 11.5 10.8 11.4 11.5 15.9 11.6 11.9 9.3 11.2 9.6 9.8 10.7 10.2 11.5 13.5 13.3 12.9 13.6 13.4 10.5 35.0 8.9 9.2 7.8 8.1 7.7 8.5 7.6 8.1 2.9 2.5 2.4 30.1 2.1 2.5 1.8 1.9 0.8 0.7 0.9 0.5 0.5 0.3 0 0.4 0.2 0.2
Other Expenses (52.4) 65.0 65.6 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8.6 8.3 0 0 0 0 0 0 0 0 0
Operating Expenses (52.4) 78.9 78.4 12.9 12.1 11.6 11.1 11.1 11.8 10.8 10.4 11.7 11.5 11.5 10.8 11.4 11.5 15.9 11.6 11.9 9.3 11.2 9.6 9.8 10.7 10.2 11.5 13.5 13.3 12.9 13.6 13.4 10.5 35.0 8.9 9.2 7.8 8.1 7.7 8.5 7.6 8.1 2.9 2.5 2.4 30.1 2.1 2.5 1.8 10.5 9.2 7.0 8.6 3.6 3.0 0.3 0 0.4 0.2 0.2
Operating Income
Operating Income 58.2 53.3 51.9 114.2 115.2 110.5 107.3 103.5 104.1 98.1 98.8 97.4 96.4 91.6 93.7 91.8 89.8 78.4 82.7 82.3 82.3 68.1 79.0 73.2 81.9 84.4 83.2 80.2 79.3 66.3 59.2 60.5 61.5 34.2 40.1 40.2 38.8 34.1 37.5 34.2 35.8 33.7 38.6 38.3 36.7 7.1 28.9 22.0 23.5 (0.7) 0.9 0.6 1.7 (0.1) (0.4) 2.6 0 (0.8) 0.6 0.2
Interest Expense 30.9 28.3 28.5 27.7 25.7 25.0 23.8 23.6 23.3 22.6 21.1 20.7 19.5 18.3 17.6 17.0 17.3 17.8 16.9 18.7 19.4 20.0 20.4 22.2 22.8 27.0 22.4 25.8 21.5 21.5 17.3 17.1 16.8 17.1 10.6 9.5 8.4 8.6 8.5 7.6 7.7 10.2 7.8 7.5 6.8 0 5.4 4.9 3.7 0 2.2 0 0 0 0.9 (0.5) 0 0.3 (0.2) (0.1)
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6.4 0 0 0 3.9 0 2.3 2.1 1.2 0 0 0 0 0 0
Profitability
EBITDA 129.6 145.2 121.6 112.1 113.3 100.8 105.6 101.9 102.7 91.5 97.5 96.1 95.2 93.5 89.5 90.7 88.8 80.1 79.2 81.5 81.4 69.7 75.8 72.4 81.1 83.5 82.1 79.1 78.1 65.9 58.5 58.8 60.2 32.8 39.3 39.4 38.1 32.9 36.6 33.3 34.8 32.5 37.6 37.4 35.7 6.3 28.2 21.5 23.1 7.5 9 6.8 6.9 2.9 2.1 4.1 1.0 0.1 0.9 0.5
EBIT 64.1 80.9 56.0 43.0 49.9 47.2 39.0 42.3 43.9 38.5 40.1 37.7 37.9 33.4 33.7 31.0 32.6 22.8 28.8 25.8 26.9 12.1 22.9 16.8 25.7 26.6 24.7 20.6 18.3 13.5 13.5 14.1 15.0 (12.0) 11.5 12.0 11.2 6.2 11.0 8.2 10.1 7.9 12.8 13.0 12.0 (16.0) 7.4 2.8 8.1 (2.8) 0.9 0.6 1.7 (0.1) (0.4) (1.3) 0 (1.0) (0.6) (0.7)
Income Before Tax 33.2 52.6 27.4 14.5 29.0 21.0 13.3 17.4 19.8 15.3 13.8 16.3 18.6 16.1 12.4 15.4 11.4 (6.0) 16.7 6.6 0.1 (12.6) 13.6 (6.4) 11.2 5.1 (29.6) (42.2) (5.8) 79.2 (16.3) (14.1) (1.8) (33.3) (8.4) (1.2) 1.1 3.7 2.5 0.6 2.3 (2.2) 5.2 5.5 5.0 (22.5) 2.1 (1.9) (0.4) (6.5) (1.3) (1.7) (2.9) (1.3) (1.3) (0.8) (0.3) (1.3) (0.4) (0.6)
Income Tax Expense 0 0 0.2 0.2 0.1 0.8 0.4 0.5 0.1 0.1 0.1 0.1 0 0.4 0.2 0.1 0 (0.2) 0.2 0.2 0 0.1 0.2 0 0 0.3 0.2 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 0.3 0 0 0
Net Income 30.4 47.5 24.7 12.8 26.3 18.1 11.6 15.3 17.7 13.5 12.2 14.5 16.6 13.7 11.0 13.5 10.1 (5.2) 14.6 5.6 0.1 (11.2) 11.8 (5.6) 9.8 4.1 (25.9) (36.6) (5.2) 65.3 (13.2) (11.4) (1.6) (30.1) (8.2) (1.2) 1.1 3.7 2.5 0.6 2.2 (2.2) 5.2 5.4 5.0 (22.5) 2.1 (1.9) (0.4) (6.2) (1.4) (2.0) (2.8) (1.2) (1.0) (0.8) (0.3) (1.3) (0.4) (0.6)
Per Share Data
EPS (Basic) 0.24 0.38 0.20 0.10 0.21 0.15 0.09 0.12 0.14 0.11 0.10 0.12 0.14 0.12 0.09 0.12 0.09 -0.05 0.13 0.06 0.00 -0.12 0.12 -0.06 0.10 0.06 -0.27 -0.39 -0.06 0.78 -0.22 -0.18 -0.03 -0.49 -0.13 -0.02 0.02 0.06 0.04 0.01 0.04 -0.04 0.08 0.09 0.08 -0.37 0.04 -0.03 -0.01 -0.13 -0.05 -0.16 -0.49 -0.33 -0.45 -0.00 -0.00 -0.00
EPS (Diluted) 0.24 0.38 0.20 0.09 0.21 0.15 0.08 0.12 0.14 0.11 0.10 0.12 0.14 0.12 0.09 0.12 0.09 -0.06 0.13 0.06 0.00 -0.14 0.12 -0.06 0.10 0.06 -0.27 -0.39 -0.06 0.78 -0.22 -0.18 -0.03 -0.49 -0.13 -0.02 0.02 0.06 0.03 0.01 0.03 -0.04 0.08 0.09 0.08 -0.38 0.03 -0.03 -0.01 -0.13 -0.05 -0.16 -0.49 -0.33 -0.45 -0.00 -0.00 -0.00
Shares Outstanding 125 125 123.4 125.5 126.2 120.9 122.8 122.7 122.8 123.0 118.4 117.6 117.7 114.0 119.3 114.5 113.6 93.0 109.0 93.8 94.2 81.9 97.6 96.8 96.9 68.5 94.6 94.2 93.8 83.7 61.2 61.4 62.0 61.6 61.1 60.6 61.1 66.9 82.1 62.1 74.0 60.7 61.8 61.4 61.0 58.8 71.4 59.5 59.0 48.4 26.6 12.6 5.8 3.7 2.3 4,731.2 0 0 1,540.9 1,239.8
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Current Assets
Cash & Cash Equivalents 3.1 3.5 4.1 5.6 5.5 4.9 6.4 7.1 5.6 4.9 3.8 5.6 6.4 5.5 4.8 24.7 5.1 92.6 24.5 22.2 20.3 104.3 103.9 53.3 36.5 17.8 29.5 17.8 12.7 16.8 6.1 9.1 14.7 5.7 7.2 5.4 5.9 8.2 21.4 6.5 10.9
Short-Term Investments 0 16.4 16.2 13.8 8.9 7.4 9.3 8.8 8.9 8.6 8.2 0 8.2 7.8 7.3 7.6 5.2 5.6 5.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 135.3 134.2 133.5 128.4 127.0 119.4 110.9 110.6 114.8 107.6 103.6 101.8 99.7 89.9 82.9 80.2 81.4 77.7 73.9 73.4 82.0 79.7 83.2 84.7 85.4 76.1 74.0 79.9 72.8 5.1 65.0 5.6 6.9 65.5 0 0 0 45.5 0 0 0
Inventory 0 0 7.8 0 0 0 0 0 0 0 0 0 0 0 0 0 6.5 1.6 16.5 14.3 24.4 0 0 0 0 6.0 80.7 15.9 5.8 17.4 (37.7) (5.5) (30.0) (16.5) 4.9 0 0 (11.9) 0 0 0
Other Current Assets (116.1) 39.8 2.2 3.6 2.4 3.8 2.9 3.9 4.5 4.0 (9.5) 42.2 (17.2) (2.7) 0.3 4.5 (6.1) 11.3 71.1 77.5 26.9 18.9 20.6 15.1 33.4 69.4 69.2 50.7 95.3 67.5 35.8 22.3 24.7 21.7 10.9 5.5 5.1 44.7 6.4 7.1 6.8
Total Current Assets 22.4 193.9 163.8 151.4 143.8 135.4 129.5 130.4 133.8 125.1 120.1 149.6 119.9 115.1 114.7 131.5 110.6 200.3 210.0 199.1 168.6 211.7 220.0 164.1 170.0 177.3 253.4 148.3 180.8 106.8 106.9 31.4 38.9 97.2 13.2 10.9 11.0 49.9 27.8 13.6 17.6
Non-Current Assets
Property, Plant & Equipment 5,008.9 30.1 29.1 28.7 26.6 4,575.2 25.5 25.1 24.4 0.4 23.8 4,477.7 23.1 23.1 28.0 27.2 25.8 24.8 23.4 22.7 22.0 21.6 21.8 21.2 20.6 19.4 18.9 38.9 16.2 14.3 36.9 12.1 11.5 10.3 2,328.6 2,313.9 2,241.0 2,249.7 2,190.9 2,173.3 2,094.3
Goodwill 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 29.1 0 0 0 0 0 0 0
Intangible Assets 0 6.7 6.7 6.7 6.7 206.6 6.7 6.7 6.7 216.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.8 6.8 6.8 4.9 4.9 4.9 4.9 4.1 4.4 13.1 14.1 46.4 49.3 52.2 55.1 0 0 0 43.0 41.2 42.3 38.2
Long-Term Investments 43.0 49.4 43.4 40.6 41.6 38.5 34.0 30.9 31.5 32.1 32.5 44.5 36.4 37.0 30.6 31.1 33.5 34.3 35.3 35.7 36.8 37.4 39.6 41.5 41.9 42.9 43.8 43.1 44.7 45.7 0.9 0.9 0.9 0.9 0 0 0 0 0 0 0
Other Non-Current Assets 247.7 4,977.3 4,990.2 5,013.0 4,914.0 43.9 4,725.4 4,684.8 4,661.1 (30.5) 4,506.4 33.5 4,571.8 4,524.6 4,521.4 4,469.0 4,434.5 4,373.5 4,187.2 4,212.4 4,303.3 4,372.1 4,406.5 4,441.4 4,500.6 4,554.7 (30.3) (18.9) (26.6) 153.1 6.3 137.8 37.7 37.4 107.4 86.5 89.5 37.6 24.6 18.1 22.1
Total Non-Current Assets 5,328.6 5,092.5 5,098.5 5,118.1 5,017.9 4,900.6 4,820.7 4,776.6 4,752.7 0.4 4,598.4 4,591.5 4,667.1 4,620.4 4,615.8 4,563.1 4,529.6 4,468.4 4,281.7 4,306.7 4,398.0 4,466.9 4,501.8 4,538.1 4,597.0 4,650.9 4,641.6 4,828.2 4,876.3 5,056.7 3,311.1 3,421.5 3,480.1 3,428.9 2,436.0 2,400.4 2,330.6 2,330.2 2,256.8 2,233.7 2,154.6
Total Assets 5,351.0 5,286.4 5,262.4 5,269.4 5,161.7 5,046.2 4,950.3 4,906.9 4,886.5 4,865.7 4,718.5 4,741.0 4,786.9 4,735.5 4,730.4 4,694.6 4,640.2 4,668.8 4,491.6 4,505.8 4,566.6 4,678.6 4,721.8 4,702.2 4,767.0 4,828.2 4,895.0 4,976.5 5,057.0 5,163.5 3,418.0 3,452.9 3,519.0 3,526.1 2,449.3 2,411.3 2,341.5 2,380.2 2,284.6 2,247.3 2,172.3
Current Liabilities
Account Payables 135.3 180.3 156.8 136.0 123.6 145.4 129.5 118.1 102.2 116.5 117.8 98.2 111.5 113.2 112.4 92.9 94.1 97.2 99.5 88.4 80.2 176.9 93.2 85.1 109.2 124.1 129.6 138.8 119.7 123.0 153.5 143.4 134.4 102.6 73.6 59.3 53.9 56.2 63.1 46.8 40.7
Short-Term Debt 0 92 3 11 222 37.6 36 47 227 28.1 82 0 165 79 55 48 46 0 0 0 0 0 0 0 34 0 0 0 51.4 9.5 0 0 0 61.6 0 0 0 0 1.1 0 0
Deferred Revenue 23.2 23.0 22.7 24.9 21.6 22.9 22.1 18.2 20.6 18.4 17.9 0 24.2 18.5 21.6 21.6 21.9 19.1 17.3 19.0 19.1 14.6 14.1 15.7 13.8 16.0 14.7 14.9 12.1 14.0 0 (131.5) 0 0 (374.6) (297.0) (234.0) (177.0) (117.5) (247.5) (132)
Other Current Liabilities 0 0 0.5 0 0 (10.7) 0 0 0 153.8 0 0 0 0 0 0 0.2 0.3 0.6 0.9 2.1 0 0 0 0 0 (129.6) (14.6) (63.2) (5.9) 55.6 (142.5) 25.6 (162.9) 0 297.0 234.0 (51.6) (59.9) (42.9) (36.5)
Total Current Liabilities 158.5 295.4 183.0 172.0 367.2 195.6 187.6 183.3 349.8 315.8 217.7 98.2 300.7 210.7 189.0 162.5 162.2 116.7 117.4 108.3 101.4 191.5 107.3 100.8 157.1 140.0 149.2 139.1 120.0 140.7 153.5 144.2 134.4 149.8 73.6 59.3 53.9 56.2 63.1 60.8 53.7
Non-Current Liabilities
Long-Term Debt 2,489.4 2,282.8 2,381.8 2,381.6 2,055.7 2,071.9 2,068.7 1,995.3 1,788.3 1,940.8 1,787.6 1,950.7 1,801.7 1,817.0 1,817.3 1,828.4 1,829.4 1,891.0 1,699.3 2,228.1 2,276.9 2,292.4 2,318.8 2,320.4 2,322.0 2,353.7 2,421.0 2,422.8 2,421.6 2,429.3 1,842.9 1,791.9 1,809.3 1,745.4 1,224.8 1,167.8 1,075.2 879.2 828.6 647.4 679.5
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 13.6 0 0 (14.0) 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 140.4 136.9 0 0 144.6 0 129.9 0 0 0 0.1 2.2 76.5 80.8 79.9 81.0 76.8 82.6 71.7 70.9 37.0 180.1 32 255.7 161.7 (55.6) 131.5 25.6 61.6 0.3 0.1 0.2 181.6 117.5 299.9 179.0
Total Non-Current Liabilities 2,612.5 2,401.7 2,499.6 2,503.3 2,174.0 2,216.6 2,349.1 2,108.3 1,899.3 2,194.0 1,893.3 2,081.1 1,913.3 1,927.4 1,926.5 1,937.5 1,940.3 2,075.8 1,876.5 2,402.1 2,455.8 2,471.1 2,506.8 2,514.0 2,516.2 2,519.4 2,597.9 2,595.3 2,587.8 2,609.9 1,925.2 1,923.4 1,923.4 1,897.6 1,267.1 1,210.4 1,117.3 1,099.2 987.3 937.2 849.7
Total Liabilities 2,771.0 2,697.1 2,682.6 2,675.2 2,541.2 2,412.2 2,371.2 2,291.5 2,249.1 2,212.3 2,111.0 2,179.3 2,214.0 2,138.1 2,115.5 2,100.0 2,102.5 2,192.4 1,993.9 2,510.4 2,557.2 2,662.6 2,614.1 2,614.7 2,673.2 2,659.4 2,747.1 2,734.4 2,707.9 2,750.6 2,078.7 2,067.7 2,057.8 2,047.4 1,340.7 1,269.7 1,171.2 1,155.4 1,050.3 997.9 903.3
Stockholders' Equity
Common Stock 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.1 1.1 1.1 2.8 2.8 2.8 2.9 2.9 2.9 2.9 2.8 2.8 2.8 2.8 1.8 1.8 1.9 1.9 1.8 1.8 1.8 1.9 1.9 1.8 1.8
Retained Earnings (1,389.9) (1,379.3) (1,385.7) (1,370.8) (1,344.8) (1,332.4) (1,312.3) (1,287.3) (1,266.5) (1,248.3) (1,226.4) (1,204.7) (1,186.1) (1,169.7) (1,150.3) (1,129.2) (1,111.7) (1,090.8) (1,054.5) (1,041.6) (1,023.2) (999.5) (980.5) (991.9) (986.3) (947.3) (904.3) (830.4) (745.7) (692.0) (721.0) (676.7) (634.2) (601.2) (539.8) (499.2) (467.4) (438.2) (410.6) (381.9) (351.9)
Accumulated Other Comprehensive Income 0.4 0.4 1.0 2.0 2.7 4.3 1.9 11.4 13.1 10.5 19.8 21.1 15.2 21.0 21.1 8.6 (0.2) (24.8) (34.8) (38.7) (41.7) (52.3) (55.6) (60.1) (58.6) (20.8) (29.0) (20.5) (0.1) 12.4 33.6 31.3 27.4 16.5 11.2 9.8 12.4 10.6 (6.8) (9.7) (7.3)
Total Stockholders' Equity 2,278.8 2,286.6 2,277.8 2,290.1 2,311.4 2,319.9 2,249.2 2,279.6 2,299.5 2,310.3 2,256.6 2,205.3 2,212.6 2,236.5 2,253.6 2,222.2 2,165.5 2,149.5 2,173.4 1,672.1 1,684.8 1,690.4 1,763.4 1,746.3 1,751.9 1,814.0 1,787.1 1,870.8 1,951.0 1,998.0 927.8 965.0 1,033.3 1,046.2 1,090.9 1,119.1 1,147.4 1,201.4 1,210.4 1,225.1 1,244.2
Total Liabilities & Equity 5,351.0 5,286.4 5,262.4 5,269.4 5,161.7 5,046.2 4,950.3 4,906.9 4,886.5 4,865.7 4,718.5 4,741.0 4,786.9 4,735.5 4,730.4 4,694.6 4,640.2 4,668.8 4,491.6 4,505.8 4,566.6 4,678.6 4,721.8 4,702.2 4,767.0 4,828.2 4,895.0 4,976.5 5,057.0 5,163.5 3,418.0 3,452.9 3,519.0 3,526.1 2,449.3 2,411.3 2,341.5 2,380.2 2,284.6 2,247.3 2,172.3
Debt Metrics
Total Debt 2,612.5 2,493.7 2,502.6 2,514.3 2,396.0 2,114.3 2,219.6 2,155.3 2,126.3 2,077.5 1,975.3 1,951.2 2,078.3 2,006.4 1,981.5 1,985.4 1,984.1 1,999.2 1,795.7 2,322.2 2,374.8 2,394.4 2,424.2 2,426.6 2,465.4 2,466.4 2,421.6 2,548.4 2,415.8 2,570.4 1,842.9 1,923.4 1,834.8 1,807.0 1,266.9 1,210.4 1,117.3 1,056.2 946.0 894.9 811.5
Net Debt 2,609.3 2,490.1 2,498.6 2,508.7 2,390.5 2,109.4 2,213.1 2,148.2 2,120.7 2,068.6 1,971.5 1,945.6 2,071.9 2,000.9 1,976.7 1,960.8 1,979.0 1,906.7 1,771.3 2,300.0 2,354.6 2,290.1 2,320.3 2,373.3 2,428.9 2,448.6 2,392.0 2,530.7 2,403.1 2,553.6 1,836.8 1,914.3 1,820.1 1,801.3 1,259.7 1,205.0 1,111.4 1,047.9 924.7 888.4 800.6
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 30.4 52.6 27.2 14.3 28.9 20.2 11.6 17.0 19.6 15.2 13.7 16.2 18.6 15.7 12.2 15.3 11.4 (5.8) 16.6 6.4 0.1 (12.8) 13.4 (6.4) 11.2 4.9 (29.7) (42.2) (5.8) 79.2 (16.3) (14.1) (1.8) (33.3) (8.4) (1.2) 1.1 3.7 2.5 0.6 2.3
Depreciation & Amortization 65.5 61.9 63.4 69.1 63.3 61.5 68.3 59.6 58.8 58.2 57.4 58.4 57.3 57.1 58.9 59.7 56.2 54.7 53.0 55.7 54.5 55.2 55.3 55.6 55.4 56.9 55.2 59.6 61.0 53.2 42.3 46.7 45.2 45.7 28.1 27.8 27.3 27.0 26.0 25.4 24.9
Stock-Based Compensation 2.2 3.1 3.2 3.2 2.2 2.7 2.2 3.2 1.6 1.9 1.3 3.2 0.5 4.1 4.2 4.0 3.1 7.6 4.0 3.7 1.1 2.0 1.9 2.1 (0.1) 1.7 2.2 2.5 1.3 1.4 1.7 3.1 1.6 27.4 0 0 0 0 0 0 0
Change in Working Capital (36.4) 7.7 7.0 10.3 (27.7) 0.8 26.6 (1.5) (16.2) (2.5) 12.7 (8.3) (11.3) (9.5) 13.0 7.3 (11.0) (0.6) 2.5 17.3 (15.3) 0.9 6.7 (0.9) (23.4) (10.4) 15.6 2.4 (16.0) (11.7) 1.7 10.4 (20.3) 7.0 (1.3) 3.2 (7.9) (7.3) (0.5) 6.2 (2.3)
Other Non-Cash Items (6.2) (29.3) (5.4) (0.6) (6.2) (1.1) 0.4 0.1 (0.7) (0.8) 3.5 (1.9) (2.3) (5.2) (2.0) (4.0) 0.5 7.5 5.8 (2.0) 15.6 11.1 (10.0) 3.9 (7.4) (2.2) 0.7 0.9 (5.2) (0.1) 0.9 11.2 0.5 21.9 0.1 (1.3) (0.1) (5.5) 0.3 (0.2) 0.1
Operating Cash Flow 55.6 96.1 95.4 96.1 60.5 84.0 109.1 78.5 63.1 72.0 88.6 67.6 62.8 62.1 86.3 82.3 60.2 63.4 68.4 81.1 48.8 53.3 67.3 54.3 35.6 51.0 75.8 58.8 41.2 31.3 44.2 54.3 23.5 41.3 18.6 28.5 20.5 17.9 28.2 32.0 25.0
Investing Activities
Capital Expenditure (26.5) (40.4) (36.4) (33.0) (26.4) (39.4) (24.8) (18.0) (12.9) (20.9) (26.7) (23.7) (23.9) (30.1) (31.4) (24.3) (18.6) (25.7) (19.1) (16.7) (13.5) (23.2) (12.2) (12.6) (16.0) (27.4) (20.9) (18.6) (8.6) (19.6) (2.8) (9.6) (17.0) (67.6) (46.9) (65.8) (21.5) (78.0) (44.5) (100.4) (4.3)
Acquisitions 0 (6.6) (3.0) 0.9 (3.1) (4.5) (3.2) 0.5 0.6 0.4 0.5 0.5 0.6 0.5 0.5 2.4 0.8 0.8 0.4 1.2 2.7 1.5 1.3 0.2 0.4 (14.2) 0.2 1.1 1.2 (363.5) 0 0 0 (446.2) 0 0 0 0 0 0 0
Purchases of Investments 0 (0.2) (2.2) (4.5) (1.5) 0 0 0 0 0 0 0 0 0 0 (3) 0 0 (5.5) 0 (3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 1.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19.1 0 13.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (102.3) 30.2 (4.7) (129.0) (132.6) (89.4) (88.4) (59.2) (54.3) (186.5) (13.1) 7.6 (68.1) (25.3) (59.5) (54.4) (88.7) (193.4) (6.9) 60.7 5.0 (8.8) 3.8 8.3 13.1 115.1 38.3 (37.8) 35.8 (223.0) (0.2) 13.3 0.0 (455.7) (0.5) 0.5 36.9 0.6 0.7 (0.4) 0.1
Investing Cash Flow (127.8) (17.0) (46.2) (165.6) (163.6) (133.3) (116.4) (76.6) (66.6) (207.0) (39.3) (15.6) (91.4) (55.0) (90.4) (79.4) (106.5) (219.1) (12.0) 45.1 4.7 (30.5) (7.1) (4.1) (2.4) 73.5 17.7 (55.4) 28.4 (242.6) (3.0) 3.7 (16.9) (523.3) (47.5) (65.3) 15.4 (77.4) (43.8) (100.8) (4.2)
Financing Activities
Net Debt Issuance 111.9 (11.4) (9.0) 113.5 159.6 3.2 59.6 25.8 45.0 98.0 (82.9) (17.1) 60.5 22.7 (5.1) (4.0) (16.5) 189.7 (531.2) (49.7) (16.5) (27.2) (2.6) (36.5) 1.3 (75.7) (3.1) 6.2 (24.4) 298.4 9 3.1 26.4 518.5 56.6 61.8 19.3 77.2 53.5 83.4 (34.0)
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (77.8) (0.1) 0 (0.0) (5.2) (4.5) (18.4) (6.4) (5.4) (2.9) (5.8) (41.6) (2.9) (1.9) (1.4) (3.0) (40.3) (13.0) (3.5) (2.6) (1.2)
Dividends Paid 0 (27.4) (39.5) (38.8) (51.5) (25.4) (48.6) (24.0) (36.0) (35.4) (34.0) (33.0) (33.3) (33.0) (32.1) (31.1) (30.9) (31.0) (27.4) (24.0) (24.3) (0.2) 0 (16.3) (32.8) (30.7) (31.7) (30.7) (30.1) (19.6) (23.3) (19.1) (18.7) (18.0) (17.7) (21.9) (16.7) (16.7) (16.6) (15.9) (15.1)
Other Financing Activities (60.5) (2.8) (4.0) (4.0) (5.8) (3.7) (5.4) (2.7) (4.3) (5.1) (4.8) (4.0) (4.0) (4.0) (5.1) (4.5) (4.3) (3.6) (42.5) (3.4) (4.6) (0.2) (0.2) (2.6) (7.1) (4.6) (6.8) (6.9) (7.2) (14.1) (12.3) (7.3) (6.8) (18.1) (6.8) (0.6) (0.5) (1.1) (2.9) (0.5) (0.3)
Financing Cash Flow 51.3 (41.6) (52.6) 70.8 102.2 48.6 5.7 (1.0) 4.7 135.7 (50.9) (54.1) 23.3 (14.3) (15.1) 23.3 (51.8) 155.1 (53.6) (77.1) (123.1) (27.7) (2.8) (55.5) (43.7) (115.4) (60.0) (37.7) (67.2) 261.7 (32.3) (64.9) (2.1) 480.5 30.7 36.3 (38.2) 46.4 30.5 64.4 (50.6)
Cash Position
Net Change in Cash (21.0) 37.5 (3.4) 1.3 (0.8) (0.7) (1.6) 0.9 1.2 0.6 (1.7) (2.0) (5.4) (7.1) (19.2) 26.2 (98.1) 1.3 2.8 49.1 (69.7) (4.9) 57.5 (5.2) (10.5) 9.0 33.5 (34.2) 2.5 50.4 8.9 (6.9) 4.5 (1.5) 1.8 (0.5) (2.3) (13.1) 14.9 (4.4) (29.8)
Cash at Beginning 43.3 5.8 9.2 7.9 8.6 9.3 10.9 10.1 8.9 8.2 9.9 12.0 17.3 24.4 43.7 17.5 115.5 114.2 111.4 62.3 131.9 136.8 79.3 84.6 95.1 86.1 52.6 86.8 84.3 33.9 25.0 32.0 27.4 7.2 5.4 5.9 8.2 21.4 6.5 10.9 40.7
Cash at End 22.4 43.3 5.8 9.2 7.9 8.6 9.3 10.9 10.1 8.9 8.2 9.9 12.0 17.3 24.4 43.7 17.5 115.5 114.2 111.4 62.3 131.9 136.8 79.3 84.6 95.1 86.1 52.6 86.8 84.3 33.9 25.0 32.0 5.7 7.2 5.4 5.9 8.2 21.4 6.5 10.9
Free Cash Flow 29.1 55.6 59.1 63.1 34.2 44.6 84.4 60.5 50.2 51.0 61.9 43.9 38.9 32.0 54.9 57.9 41.6 37.6 49.3 64.5 35.2 30.1 55.1 41.7 19.6 23.6 55.0 40.2 32.7 11.6 41.5 44.7 6.5 (26.3) (28.4) (37.3) (1.1) (60.1) (16.3) (68.4) 20.7
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 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
Income Statement
Revenue 191.9 187.9 182.7 177.8 178.3 173.0 165.5 161.5 161.3 154.4 152.5 152.1 151.1 145.0 145.7 142.5 142.2 137.1 132.3 133.1 130.4 120.8 126.7 119.0 131.5 135.3 136.0 132.6 132.8 118.1 104.9 104.2 103.2 102.8 70.6 69.9 68.3 66.3 65.3 63.1 63.1 62.1 61.8 59.2 58.9 58.6 50.0 43.9 35.7 26.6 20.1 15.2 11.2 7.1 5.1 3.1 (0.1) (1.5) 0.8 0.6
Gross Profit 5.8 132.2 130.2 127.2 127.3 122.1 118.4 114.6 115.9 108.8 109.2 109.1 107.9 103.1 104.5 103.2 101.4 94.3 94.4 94.3 91.6 79.3 88.6 83.0 92.6 94.7 94.7 93.7 92.6 79.2 72.8 73.9 71.9 69.2 49.0 49.4 46.6 42.1 45.3 42.7 43.4 41.7 41.4 40.8 39.0 37.2 31.0 24.5 25.3 9.8 10.1 7.7 7.8 3.5 2.6 2.9 (0.1) (1.8) 0.8 0.4
Operating Income 58.2 53.3 51.9 114.2 115.2 110.5 107.3 103.5 104.1 98.1 98.8 97.4 96.4 91.6 93.7 91.8 89.8 78.4 82.7 82.3 82.3 68.1 79.0 73.2 81.9 84.4 83.2 80.2 79.3 66.3 59.2 60.5 61.5 34.2 40.1 40.2 38.8 34.1 37.5 34.2 35.8 33.7 38.6 38.3 36.7 7.1 28.9 22.0 23.5 (0.7) 0.9 0.6 1.7 (0.1) (0.4) 2.6 0 (0.8) 0.6 0.2
Net Income 30.4 47.5 24.7 12.8 26.3 18.1 11.6 15.3 17.7 13.5 12.2 14.5 16.6 13.7 11.0 13.5 10.1 (5.2) 14.6 5.6 0.1 (11.2) 11.8 (5.6) 9.8 4.1 (25.9) (36.6) (5.2) 65.3 (13.2) (11.4) (1.6) (30.1) (8.2) (1.2) 1.1 3.7 2.5 0.6 2.2 (2.2) 5.2 5.4 5.0 (22.5) 2.1 (1.9) (0.4) (6.2) (1.4) (2.0) (2.8) (1.2) (1.0) (0.8) (0.3) (1.3) (0.4) (0.6)
EPS (Diluted) 0.24 0.38 0.20 0.09 0.21 0.15 0.08 0.12 0.14 0.11 0.10 0.12 0.14 0.12 0.09 0.12 0.09 -0.06 0.13 0.06 0.00 -0.14 0.12 -0.06 0.10 0.06 -0.27 -0.39 -0.06 0.78 -0.22 -0.18 -0.03 -0.49 -0.13 -0.02 0.02 0.06 0.03 0.01 0.03 -0.04 0.08 0.09 0.08 -0.38 0.03 -0.03 -0.01 -0.13 -0.05 -0.16 -0.49 -0.33 -0.45 -0.00 -0.00 -0.00
Balance Sheet
Cash & Equivalents 3.1 3.5 4.1 5.6 5.5 4.9 6.4 7.1 5.6 4.9 3.8 5.6 6.4 5.5 4.8 24.7 5.1 92.6 24.5 22.2 20.3 104.3 103.9 53.3 36.5 17.8 29.5 17.8 12.7 16.8 6.1 9.1 14.7 5.7 7.2 5.4 5.9 8.2 21.4 6.5 10.9
Total Assets 5,351.0 5,286.4 5,262.4 5,269.4 5,161.7 5,046.2 4,950.3 4,906.9 4,886.5 4,865.7 4,718.5 4,741.0 4,786.9 4,735.5 4,730.4 4,694.6 4,640.2 4,668.8 4,491.6 4,505.8 4,566.6 4,678.6 4,721.8 4,702.2 4,767.0 4,828.2 4,895.0 4,976.5 5,057.0 5,163.5 3,418.0 3,452.9 3,519.0 3,526.1 2,449.3 2,411.3 2,341.5 2,380.2 2,284.6 2,247.3 2,172.3
Total Debt 2,612.5 2,493.7 2,502.6 2,514.3 2,396.0 2,114.3 2,219.6 2,155.3 2,126.3 2,077.5 1,975.3 1,951.2 2,078.3 2,006.4 1,981.5 1,985.4 1,984.1 1,999.2 1,795.7 2,322.2 2,374.8 2,394.4 2,424.2 2,426.6 2,465.4 2,466.4 2,421.6 2,548.4 2,415.8 2,570.4 1,842.9 1,923.4 1,834.8 1,807.0 1,266.9 1,210.4 1,117.3 1,056.2 946.0 894.9 811.5
Stockholders' Equity 2,278.8 2,286.6 2,277.8 2,290.1 2,311.4 2,319.9 2,249.2 2,279.6 2,299.5 2,310.3 2,256.6 2,205.3 2,212.6 2,236.5 2,253.6 2,222.2 2,165.5 2,149.5 2,173.4 1,672.1 1,684.8 1,690.4 1,763.4 1,746.3 1,751.9 1,814.0 1,787.1 1,870.8 1,951.0 1,998.0 927.8 965.0 1,033.3 1,046.2 1,090.9 1,119.1 1,147.4 1,201.4 1,210.4 1,225.1 1,244.2
Cash Flow
Operating Cash Flow 55.6 96.1 95.4 96.1 60.5 84.0 109.1 78.5 63.1 72.0 88.6 67.6 62.8 62.1 86.3 82.3 60.2 63.4 68.4 81.1 48.8 53.3 67.3 54.3 35.6 51.0 75.8 58.8 41.2 31.3 44.2 54.3 23.5 41.3 18.6 28.5 20.5 17.9 28.2 32.0 25.0
Capital Expenditure (26.5) (40.4) (36.4) (33.0) (26.4) (39.4) (24.8) (18.0) (12.9) (20.9) (26.7) (23.7) (23.9) (30.1) (31.4) (24.3) (18.6) (25.7) (19.1) (16.7) (13.5) (23.2) (12.2) (12.6) (16.0) (27.4) (20.9) (18.6) (8.6) (19.6) (2.8) (9.6) (17.0) (67.6) (46.9) (65.8) (21.5) (78.0) (44.5) (100.4) (4.3)
Free Cash Flow 29.1 55.6 59.1 63.1 34.2 44.6 84.4 60.5 50.2 51.0 61.9 43.9 38.9 32.0 54.9 57.9 41.6 37.6 49.3 64.5 35.2 30.1 55.1 41.7 19.6 23.6 55.0 40.2 32.7 11.6 41.5 44.7 6.5 (26.3) (28.4) (37.3) (1.1) (60.1) (16.3) (68.4) 20.7