Planet Fitness, Inc. logo PLNT - Planet Fitness, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 20
HOLD 8
SELL 0
STRONG
SELL
0
| PRICE TARGET: $77.88 DETAILS
HIGH: $133.00
LOW: $47.00
MEDIAN: $72.00
CONSENSUS: $77.88
UPSIDE: 49.63%
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
Revenue
Revenue 337.2 376.3 330.3 340.9 276.7 340.4 292.2 300.9 248.0 285.1 277.6 286.5 222.2 281.3 244.4 224.4 186.7 183.6 154.3 137.3 111.9 133.8 105.4 40.2 127.2 191.5 166.8 181.7 148.8 174.4 136.7 140.6 121.3 134.0 97.5 107.3 91.1 116.4 87.0 91.5 83.3 105.8 68.8 79.0 76.9 96.0 63.5 62.7 57.6
Cost of Revenue 206.0 231.3 198.5 159.6 126.1 174.3 137.0 142.2 113.1 140.7 134.5 136.2 102.4 147.1 123.4 107.8 84.4 93.6 70.4 60.5 46.6 65.9 56.8 34.0 63.2 95.3 81.1 87.1 67.2 92.0 67.0 65.9 55.3 66.2 41.4 46.1 36.3 59.4 41.1 43.6 38.4 57.5 33.2 40.0 40.3 56.1 32.7 31.4 29.6
Gross Profit 131.2 145.0 131.9 181.2 150.6 166.2 155.2 158.7 134.9 144.4 143.1 150.2 119.9 134.2 121.0 116.6 102.2 90.0 83.8 76.8 65.2 67.8 48.6 6.2 64.0 96.2 85.7 94.6 81.6 82.4 69.7 74.6 66.0 67.8 56.1 61.3 54.8 57.0 45.9 47.9 45.0 48.3 35.7 38.9 36.6 39.9 30.8 31.3 28.0
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
SG&A Expenses 34.1 37.3 30.5 35.5 34.3 35.7 32.6 31.6 29.2 31.2 33.3 32.6 27.8 28.7 27.1 28.2 30.8 27.3 23.0 21.8 22.5 17.4 18.3 15.9 17.0 20.9 20.9 18.9 18.2 20.4 17.2 17.2 17.6 17.7 14.1 14.8 13.8 13.5 12.2 12.4 11.8 11.7 17.3 12.4 14.1 11.8 8.6 8.1 6.6
Other Expenses (2.1) 0 0 43.3 37.0 40.7 41.3 39.8 39.9 41.8 37.4 40.6 39.9 41.1 31.9 33.4 22.8 33.5 16.3 14.8 13.3 18.2 14.2 13.0 12.8 13.8 11.7 10.5 10.3 9.2 8.9 8.6 9.5 7.9 8.1 8.2 7.9 7.4 7.5 7.7 7.5 7.8 8.0 7.9 8.2 8.7 8.3 8.5 7.8
Operating Expenses 32.1 37.3 30.5 78.8 71.4 76.4 74.0 71.4 69.1 73.1 70.7 73.2 67.7 69.8 59.0 61.6 53.6 60.8 39.3 36.5 35.8 35.7 32.5 28.9 29.8 34.7 32.6 29.3 28.4 29.6 26.1 25.8 27.1 25.6 22.2 23.0 21.7 20.9 19.7 20.1 19.4 19.5 25.3 20.3 22.3 20.6 16.9 16.6 14.4
Operating Income
Operating Income 99.2 107.7 101.3 102.4 79.2 89.7 81.3 87.4 65.8 71.4 72.4 77.0 52.2 64.4 61.9 55.1 48.7 29.2 44.5 40.3 29.4 32.2 16.0 (22.7) 34.3 61.6 53.1 65.3 53.2 52.7 43.6 48.8 38.9 42.3 34.0 38.2 33.1 36.1 26.2 27.8 25.6 28.8 10.3 18.7 14.3 19.3 14.0 14.7 13.5
Interest Expense 33.0 29.5 26.3 26.2 26.2 27.5 26.6 24.5 21.4 21.8 21.7 21.5 21.6 22.1 21.9 22.0 22.6 20.5 20.4 20.1 20.2 20.7 20.7 20.5 20.2 16.7 14.8 14.6 14.7 15.0 17.9 9.0 8.7 8.6 8.9 9.0 8.8 8.3 6.3 6.2 6.4 6.7 6.6 6.6 4.9 5.5 5.1 5.0 6.6
Interest Income 5.7 5.6 5.9 5.7 5.8 6.4 5.6 5.6 5.5 5.4 4.2 4.2 3.9 2.8 1.6 0.5 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.4 1.9 1.5 1.8 2.0 1.8 2.2 2.0 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0.2 0.4 0 0 0.1
Profitability
EBITDA 139.4 147.0 152.6 148.5 123.6 134.6 127.3 133.9 111.3 118.8 114.2 118.3 92.2 106.7 100.8 87.9 78.6 33.7 61.7 55.3 45.3 52.6 30.0 (9.4) 48.3 74.0 66.6 76.4 61.6 58.5 54.5 57.4 47.7 366.9 42.6 45.3 41.8 45.9 33.8 35.4 33.8 39.2 16.6 26.7 21.9 28.6 22.1 23.1 19.8
EBIT 99.2 107.0 113.5 110.0 85.3 94.5 86.3 94.0 71.9 79.6 76.7 81.5 56.2 73.1 68.3 55.7 53.0 17.6 45.5 40.3 29.8 38.2 16.4 (22.4) 35.5 61.8 54.8 65.8 51.7 49.1 45.6 48.7 39.1 359.0 34.4 37.3 33.7 37.4 25.9 27.7 26.0 31.1 8.5 18.6 13.6 19.5 13.5 14.4 13.2
Income Before Tax 71.1 77.5 87.2 83.2 58.3 66.2 58.9 68.3 49.3 56.4 54.8 60.1 34.3 50.9 46.3 33.6 30.1 (2.9) 25.1 20.2 9.5 17.4 (4.3) (42.9) 15.3 45.1 40.0 51.2 36.9 34.1 27.7 39.7 30.4 350.5 25.4 28.3 25.0 29.1 19.7 21.5 19.6 24.5 2.0 12.0 8.8 14.1 8.4 9.4 6.6
Income Tax Expense 19.3 16.8 28.0 24.9 16.2 18.6 16.5 19.0 14.3 19.7 13.5 15.8 9.6 14.6 15.7 8.6 11.7 (9.3) 6.5 5.2 3.4 7.8 (1.0) (10.9) 4.9 10.8 10.3 11.3 5.3 5.3 7.2 9.3 6.9 349.6 6.5 10.3 7.1 7.2 4.8 3.4 3.3 7.2 1.2 0.4 0.3 0.3 0.1 0.4 0.3
Net Income 51.6 60.4 58.8 58.0 41.9 47.1 42.0 48.6 34.3 35.3 39.1 41.1 22.7 33.7 26.9 22.3 16.5 5.7 17.4 14.0 5.6 8.7 (3.1) (29.2) 8.6 29.7 25.8 34.8 27.4 24.8 17.5 25.9 19.9 (3.5) 15.3 12.4 8.8 10.6 3.4 4.1 3.4 2.5 (3.9) 11.5 8.4 13.8 8.1 8.8 6.0
Per Share Data
EPS (Basic) 0.65 0.73 0.70 0.69 0.50 0.56 0.50 0.56 0.39 0.41 0.46 0.49 0.27 0.40 0.32 0.26 0.20 0.07 0.21 0.17 0.07 0.11 -0.04 -0.36 0.11 0.37 0.31 0.41 0.33 0.29 0.20 0.30 0.23 -0.04 0.18 0.16 0.14 0.19 0.08 0.11 0.09 0.06 -0.11 0.33 0.24 0.39 0.23 0.25 0.17
EPS (Diluted) 0.65 0.73 0.70 0.69 0.50 0.56 0.50 0.56 0.39 0.41 0.46 0.48 0.27 0.40 0.32 0.26 0.19 0.07 0.21 0.17 0.07 0.11 -0.04 -0.36 0.11 0.36 0.31 0.41 0.32 0.29 0.20 0.29 0.23 -0.04 0.18 0.16 0.14 0.18 0.08 0.11 0.09 0.06 -0.11 0.33 0.24 0.39 0.23 0.25 0.17
Shares Outstanding 79.6 83.5 83.5 84.0 84.2 85.6 84.6 86.8 86.9 85.9 84.6 84.6 84.4 83.4 84.2 91.0 84.2 83.6 83.3 83.2 83.1 81.9 77.8 80.0 79.1 80.8 83.2 84.1 83.8 85.8 88.0 87.7 87.4 84.7 85.7 79.2 64.1 54.9 44.7 36.8 36.6 36.2 36.4 35.2 35.2 35.2 35.2 35.2 35.2
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
Current Assets
Cash & Cash Equivalents 375.3 345.7 329.0 335.7 343.9 293.1 298.8 247.0 301.7 275.8 309.0 236.1 460.4 409.8 404.5 383.5 471.2 545.9 527.3 469.1 445.6 439.5 419.7 423.6 547.5 436.3 219.8 330.6 336.0 289.4 572.7 147.8 127.1 113.1 93.3 78.5 60.2 40.4 66.0 55.7 38.3
Short-Term Investments 98.5 106.8 114.4 107.0 109.7 114.2 108.6 103.2 93.4 74.9 108.5 117.8 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
Net Receivables 83.7 104.5 95.7 105.6 58.2 96.5 56.8 56.7 37.7 56.3 50.7 60.6 30.0 66.7 53.4 47.2 36.2 44.4 25.6 32.3 25.3 38.7 42.4 36.6 31.1 52.4 38.6 39.4 28.7 58.3 37.1 38.3 36.2 56.8 30.1 29.2 27.6 42.4 14.5 12.5 11.5
Inventory 4.8 7.6 7.0 4.3 2.0 6.1 4.9 5.2 5.0 4.7 7.5 6.9 5.0 5.3 4.2 3.0 1.7 1.2 4.1 1.2 0.5 0.5 1.8 2.8 2.8 0.9 2.6 2.5 3.4 5.1 6.1 3.2 4.1 2.7 0.6 1.4 1.3 1.8 0.8 0.9 1.5
Other Current Assets 124.8 93.9 56.4 65.5 73.3 56.5 72.9 65.9 64.1 46.3 46.4 72.4 76.0 62.7 64.5 75.6 88.1 58.0 59.3 66.6 72.0 76.3 81.9 106.4 75.8 42.5 36.6 41.6 42.1 30.7 45.7 7.6 10.0 0.5 11.6 8.2 10.4 3.1 21.9 20.3 18.6
Total Current Assets 687.1 658.4 625.6 637.4 603.6 588.0 556.4 493.9 520.8 471.8 540.1 505.3 588.8 555.5 540.5 523.4 615.6 662.4 629.1 581.3 556.2 566.8 561.1 581.5 664.5 540.1 306.3 424.1 417.4 388.5 665.5 200.7 181.5 177.0 135.6 117.4 99.6 91.2 103.1 88.4 68.8
Non-Current Assets
Property, Plant & Equipment 850.9 876.1 851.6 848.0 835.5 819.2 821.9 793.8 767.8 771.4 748.6 702.1 686.0 695.8 681.1 692.3 686.5 364.0 340.1 331.6 323.3 324.9 322.2 305.1 295.4 301.1 259.2 233.9 230.4 114.4 97.2 87.6 84.5 83.3 72.4 67.6 61.1 61.2 56.6 54.9 54.3
Goodwill 712.3 712.5 710.6 721.1 720.8 720.6 719.1 719.1 719.1 717.5 717.5 717.5 702.7 702.7 700.2 714.2 696.3 228.6 227.8 227.8 227.8 227.8 227.8 227.8 227.8 227.8 206.8 206.8 199.5 199.5 199.5 191.0 191.0 177.0 177.0 177.0 177.0 177.0 177.0 177.0 177.0
Intangible Assets 278.4 286.4 295.6 305.0 314.1 323.3 334.2 347.0 359.8 372.5 385.5 398.4 404.5 417.1 427.7 441.3 475.4 200.9 204.6 208.8 212.9 217.1 221.3 225.5 229.7 233.9 227.6 231.4 228.7 234.3 237.9 237.1 241.1 235.7 239.7 244.4 249.1 253.9 258.8 263.7 268.7
Long-Term Investments 68.9 69.7 148.6 154.2 151.3 141.3 130.6 125.3 121.5 128.4 56.3 38.2 25.1 25.1 21.4 21.2 21.1 18.8 35.9 35 25 0 0 0 0 0 0 0 0 0 0 0.4 0.6 0.3 0.2 0.2 0.5 0.3 0.1 0.1 0.4
Other Non-Current Assets 112.3 93.7 10.5 10.4 7.4 7.1 4.4 4.1 4.0 3.9 3.9 3.9 3.8 3.9 3.9 4.1 3.7 2.0 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.7 1.6 1.6 1.8 4.6 1.2 7.8 11.4 10.0 10.1 7.7 7.4 1.0 1.0 1.0
Total Non-Current Assets 2,417.6 2,445.0 2,432.6 2,481.8 2,488.3 2,481.7 2,491.7 2,480.2 2,472.0 2,497.9 2,404.7 2,342.9 2,316.8 2,299.1 2,305.8 2,360.7 2,376.8 1,353.6 1,320.6 1,318.3 1,308.8 1,282.9 1,240.4 1,218.6 1,211.2 1,177.1 1,114.0 1,099.3 1,092.2 964.9 956.0 924.0 934.3 915.5 1,230.5 1,237.3 1,056.8 910.2 749.2 691.0 616.9
Total Assets 3,104.6 3,103.4 3,058.2 3,119.2 3,091.9 3,069.7 3,048.2 2,974.0 2,992.8 2,969.7 2,944.8 2,848.2 2,905.6 2,854.6 2,846.3 2,884.1 2,992.4 2,016.0 1,949.7 1,899.6 1,865.0 1,849.7 1,801.6 1,800.0 1,875.6 1,717.2 1,420.2 1,523.5 1,509.6 1,353.4 1,621.4 1,124.7 1,115.9 1,092.5 1,366.0 1,354.6 1,156.4 1,001.4 852.3 779.4 685.7
Current Liabilities
Account Payables 33.1 39.7 48.0 49.1 25.8 32.9 31.8 29.7 20.6 23.8 28.4 29.5 17.0 20.6 22.2 22.3 24.1 27.9 21.7 18.1 14.6 19.4 19.8 11.5 37.6 21.3 23.0 16.3 23.1 30.4 23.4 16.3 15.7 28.6 12.8 18.5 13.3 28.5 14.4 12.0 10.1
Short-Term Debt 25.8 23.9 22.5 22.5 22.5 22.5 22.5 20.5 20.8 20.8 20.8 20.8 20.8 20.8 20.8 20.8 95.8 17.5 17.5 17.5 17.5 17.5 17.5 17.5 17.5 17.5 12 12 12 12 12 7.2 7.2 7.2 7.2 7.2 7.2 7.2 5.1 5.1 5.1
Deferred Revenue 86.4 58.6 65.2 77.3 80.8 62.1 67.5 76.1 77.3 59.6 64.4 72.2 73.2 53.8 56.2 63.4 64.2 28.4 31.1 34.8 35.9 26.7 23.9 32.1 53.6 27.6 24.6 27.1 25.9 23.5 22.0 23.2 20.8 19.1 17.1 20.3 18.2 17.8 17.1 20.6 15.5
Other Current Liabilities 186.5 190.3 53.9 48.4 41.3 41.5 49.3 39.8 42.9 39.6 64.8 65.8 60.3 50.5 73.2 65.2 57.8 30.9 44.4 30.1 22.1 26.3 25.5 22.8 23.9 21.0 25.0 22.0 25.1 8.3 15.3 9.5 14.9 7.5 11.6 8.1 11.3 2.5 6.7 4.8 5.5
Total Current Liabilities 331.7 312.5 300.4 310.2 287.5 282.5 286.3 272.1 246.5 251.3 272.8 274.4 250.2 244.5 258.1 263.6 326.0 176.6 160.2 135.1 115.2 111.9 120.4 134.6 180.2 145.5 135.9 125.4 134.5 131.4 125.0 96.4 104.4 112.0 86.5 90.8 71.5 83.3 66.3 63.0 51.9
Non-Current Liabilities
Long-Term Debt 407.0 419.1 2,135.1 2,139.4 2,143.7 2,148.0 2,152.3 2,156.6 1,959.0 1,962.9 1,966.7 1,970.5 1,974.3 1,978.1 1,982.2 1,985.7 1,989.5 1,740.3 1,743.1 1,745.8 1,748.6 1,751.4 1,754.2 1,757.0 1,759.7 1,687.5 1,155.0 1,156.8 1,158.5 1,160.1 1,161.7 694.0 695.3 696.6 697.9 699.2 700.7 702.0 477.1 478.0 478.9
Deferred Tax Liabilities 1.1 1.2 0.6 1.2 1.3 1.4 1.6 1.6 1.7 1.6 1.4 1.4 1.5 1.5 1.0 0.9 0.9 0 0.7 0.8 0.8 0.9 1.2 1.6 1.1 1.1 2.1 1.9 1.8 2.3 1.7 1.4 1.4 1.6 0.8 1.1 1.1 1.2 1.3 1.2 136.9
Other Non-Current Liabilities 2,847.6 2,854.0 368.6 362.9 415.0 415.9 433.0 428.1 460.6 459.2 456.4 438.2 469.1 467.0 478.3 478.4 507.6 510.8 488.6 489.5 498.5 490.7 450.3 440.6 444.6 403.5 410.1 410.4 426.8 416.0 417.2 400.9 414.3 410.7 712.3 712.5 562.7 421.3 270.5 210.2 137.4
Total Non-Current Liabilities 3,255.7 3,274.3 2,952.1 2,967.2 3,024.3 3,002.6 3,029.0 3,021.7 2,845.5 2,837.4 2,836.9 2,789.8 2,813.9 2,821.6 2,836.2 2,849.5 2,877.3 2,482.2 2,447.9 2,443.9 2,446.5 2,443.5 2,404.1 2,387.2 2,387.6 2,279.5 1,726.4 1,712.4 1,729.2 1,604.8 1,606.6 1,119.5 1,133.9 1,117.4 1,419.1 1,420.6 1,272.9 1,132.9 757.3 697.8 626.5
Total Liabilities 3,587.4 3,586.8 3,252.6 3,277.4 3,311.8 3,285.1 3,315.3 3,293.9 3,092.0 3,088.7 3,109.8 3,064.2 3,064.1 3,066.2 3,094.4 3,113.1 3,203.3 2,658.8 2,608.1 2,579.0 2,561.7 2,555.4 2,524.5 2,521.7 2,567.8 2,424.9 1,862.3 1,837.8 1,863.6 1,736.2 1,731.6 1,216.0 1,238.3 1,229.4 1,505.7 1,511.4 1,344.4 1,216.2 823.7 760.8 678.4
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 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 (1,107.2) (1,107.4) (814.8) (774.8) (830.7) (822.2) (869.3) (910.6) (677.3) (691.5) (726.8) (765.8) (706.0) (703.7) (737.4) (714.3) (692.3) (708.8) (714.5) (732.0) (746.0) (751.6) (760.3) (757.1) (727.9) (736.6) (466.0) (333.9) (368.7) (394.4) (119.0) (94.3) (120.2) (131.0) (127.5) (142.9) (155.3) (164.1) (4.2) (7.7) (11.8)
Accumulated Other Comprehensive Income (0.6) 1.3 1.1 1.0 (1.4) (2.3) 0.2 (1.1) (0.4) 0.2 (0.7) (0.3) (0.4) (0.4) (0.6) (0.1) 0.1 0.0 0.0 0.1 0.0 0.0 (0.0) (0.1) (0.3) 0.3 0.2 0.3 0.1 0.1 0.3 (0.4) (0.4) (0.6) (1.0) (1.3) (1.3) (1.2) (1.1) (1.1) (2.4)
Total Stockholders' Equity (482.8) (483.4) (194.8) (158.7) (219.9) (215.4) (266.1) (317.7) (96.4) (115.6) (157.1) (202.0) (151.1) (199.0) (203.7) (185.4) (212.7) (645.4) (660.6) (681.0) (697.7) (705.9) (719.6) (718.3) (691.8) (706.5) (438.6) (309.1) (346.0) (374.6) (101.5) (80.0) (107.6) (119.5) (116.8) (133.6) (133.5) (130.8) 9.5 (0.7) (13.6)
Total Liabilities & Equity 3,104.6 3,103.4 3,058.2 3,119.2 3,091.9 3,069.7 3,048.2 2,974.0 2,992.8 2,969.7 2,944.8 2,848.2 2,905.6 2,854.6 2,846.3 2,884.1 2,992.4 2,016.0 1,949.7 1,899.6 1,865.0 1,849.7 1,801.6 1,800.0 1,875.6 1,717.2 1,420.2 1,523.5 1,509.6 1,353.4 1,621.4 1,124.7 1,115.9 1,092.5 1,366.0 1,354.6 1,156.4 1,001.4 852.3 779.4 685.7
Debt Metrics
Total Debt 432.7 443.0 2,575.3 2,594.9 2,599.4 2,575.9 2,583.4 2,578.5 2,370.2 2,365.2 2,367.2 2,338.1 2,331.1 2,340.7 2,344.9 2,357.9 2,432.0 1,955.5 1,944.5 1,939.3 1,932.5 1,936.8 1,937.1 1,929.0 1,925.2 1,857.9 1,294.7 1,282.5 1,285.0 1,172.1 1,173.7 701.1 702.4 703.8 705.1 706.4 707.9 709.2 482.2 483.1 484.0
Net Debt 57.5 97.3 2,246.2 2,259.1 2,255.5 2,282.7 2,284.6 2,331.5 2,068.5 2,089.4 2,058.3 2,102.0 1,870.7 1,930.9 1,940.4 1,974.4 1,960.8 1,409.5 1,417.2 1,470.1 1,486.9 1,497.4 1,517.4 1,505.4 1,377.7 1,421.7 1,074.9 952.0 949.0 882.7 601.0 553.4 575.3 590.7 611.8 627.8 647.6 668.8 416.2 427.4 445.7
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
Operating Activities
Net Income 51.6 60.7 59.2 58.3 42.1 47.6 42.4 49.3 35.0 36.8 41.3 44.2 24.8 36.3 30.7 25.1 18.4 6.3 18.6 15.0 6.2 9.7 (3.3) (32.0) 10.4 34.3 29.7 39.8 31.6 28.8 20.5 30.4 23.5 0.8 18.9 18.0 17.9 21.9 14.9 18.1 16.3
Depreciation & Amortization 40.3 40.0 39.1 38.4 38.3 40.1 41.0 39.8 39.4 39.2 37.5 36.8 36.0 33.6 32.6 32.2 25.7 16.0 16.2 15.0 15.5 14.5 13.6 13.0 12.8 12.3 11.8 10.6 9.9 9.4 9.0 8.7 8.6 7.9 8.2 8.0 8.0 8.5 7.8 7.8 7.8
Stock-Based Compensation 0 3.2 3.0 3.5 2.6 2.9 3.1 1.9 1.0 1.6 1.5 2.7 2.0 1.1 1.3 2.8 2.9 2.5 2.2 2.6 1.4 1.2 1.1 1.5 0.9 1.3 1.3 1.0 1.3 1.3 1.4 1.7 1.0 0.7 0.8 0.6 0.4 0.4 0.4 0.4 0.6
Change in Working Capital 39.2 (12.4) 9.2 (24.8) 40.4 (44.4) 26.0 (2.2) 1.0 2.9 16.0 (15.9) 25.6 (10.3) 3.9 (16.9) 2.2 (4.7) 31.8 12.1 (3.5) (2.4) 2.2 (61.9) 42.8 (6.6) 19.4 (36.0) 8.2 (9.7) 21.8 (19.5) 8.9 (6.5) (5.7) (5.2) (1.5) (6.5) (2.3) 2.7 (11.1)
Other Non-Cash Items 4.7 9.4 (5.3) (46.9) (0.4) (14.8) 0.3 (25.0) 2.4 (31.4) (0.1) (21.8) 1.4 (19.2) 0.1 1.4 1.8 18.7 0.7 1.5 1.6 1.0 1.1 1.1 2.6 3.1 1.5 1.0 1.3 1.3 6.4 0.6 1.7 0.8 1.1 1.8 0.9 4.2 0.5 0.5 0.3
Operating Cash Flow 147.5 109.1 131.5 44.0 133.9 49.1 126.8 78.2 89.7 63.3 109.6 59.4 97.9 49.8 80.2 52.3 58.0 39.8 75.2 50.7 23.5 33.3 10.9 (86.1) 73.1 51.6 70.2 24.6 57.9 40.5 65.4 30.4 48.1 38.0 30.0 32.5 30.5 33.1 25.7 34.8 15.3
Investing Activities
Capital Expenditure (25.5) (50.1) (54.8) (34.3) (24.5) (42.1) (48.6) (38.0) (26.3) (51.4) (39.5) (22.1) (23.0) (459.9) (23.7) (17.6) (23.9) (24.2) (12.4) (13.0) (6.4) (15.8) (15.6) (12.1) (9.1) (58.6) (18.5) (26.3) (7.5) (22.3) (27.7) (6.1) (30.5) (14.5) (9.1) (8.8) (5.3) (6.1) (4.8) (3.6) (0.9)
Acquisitions 0 0 21.6 0 0 0 0 0 0 (17) 0 (26.3) 0 424.9 20.8 0.9 (425.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (36.4) (37.7) (36.4) (39.6) (42.3) (39.7) (42.9) (39.0) (34.9) (66.3) (45.4) (129.6) 0 0 0 0 0 0 0 (10) (25) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 35.3 35.3 34.4 35.2 36.7 22.8 33.1 25.2 22.6 42.5 38.0 0 0 0 0 0 0 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 Investing Activities (20.6) (1.6) 0.2 (2.7) 0.5 (1.3) 0.6 0 0 0.1 0.0 0 0 (427.4) 0 0.1 0 (1.9) 0.0 0.0 0 0 0.1 0.0 0.1 (37.8) (0.3) (14.8) 0.0 0 (17.2) 0.1 (28.5) 0.5 0.2 0 0 0.3 0.3 0.1 0.0
Investing Cash Flow (47.2) (54.1) (35.1) (42.9) (28.1) (60.4) (57.9) (51.8) (38.6) (92.1) (46.9) (178.0) (23.0) (37.4) (2.9) (16.6) (449.7) (24.1) (12.4) (23.0) (31.4) (15.8) (15.4) (12.0) (9.0) (58.5) (18.5) (26.2) (7.5) (22.3) (27.7) (6.0) (30.5) (14.0) (8.9) (8.8) (5.3) (5.8) (4.5) (3.5) (0.8)
Financing Activities
Net Debt Issuance (4.6) 321.5 (5.7) (5.6) (5.7) (5.6) (3.7) 193.7 (5.2) (5.2) (5.2) (5.2) (5.2) (5.2) (5.3) (80.3) 340.7 (4.4) (4.4) (4.4) (4.4) (4.4) (4.4) (4.4) 70.6 547.0 (3.0) (3.0) (3.0) (3.0) 494.1 (1.8) (1.8) (1.8) (1.8) (1.8) (1.8) 228.2 (1.3) (1.3) (1.3)
Stock Repurchased (51.1) (350.3) (97.9) (2.1) (50.0) (1.0) 0 (280.2) (20.0) 0 0 (100.0) (25.0) (0.0) (50.0) (44.3) 0 0 0 0 0 0 0 0 0 (300.2) 0 0 0 (300.3) (42.1) 0 0 0 0 0 0 0 0 (1.6) 0
Dividends Paid (0.4) 0.0 (0.2) (1.0) (0.3) (1.4) (1.6) (1.5) (0.2) (0.4) (0.5) (2.6) (1.1) (1.7) (0.9) (1.2) (0.8) (0.1) (0.5) (0.1) 0 (0.2) (0.1) (0.1) (1.7) (2.0) (1.8) (2.0) (1.9) (3.0) (2.6) (1.9) (1.8) (2.7) (4.9) (2.6) (3.2) (275.8) (9.6) 0 0
Other Financing Activities (0.1) 0 0 (2.5) 0 0 0 0 0 0 0 0 0 (0.2) 0.2 (0.0) (17.0) 0 0 0 0 0 0 0 0 (10.6) 0 0 0 (1.0) (26.1) 0 0 0 0 (1.3) (0.4) (5.3) 0 0 0
Financing Cash Flow (55.6) (28.5) (103.5) (10.7) (55.4) (3.4) 2.1 (78.7) (25.0) (5.0) (5.5) (106.3) (24.6) (7.0) (55.9) (125.6) 324.2 2.8 (4.6) (4.3) (4.1) (3.9) (4.2) (3.4) 69.4 235.2 (162.5) (4.1) (4.3) (306.2) 422.9 (3.5) (3.3) (4.2) (6.5) (5.6) (5.3) (52.7) (10.8) (13.9) (7.7)
Cash Position
Net Change in Cash 44.5 26.5 (15.8) (8.3) 50.8 (16.9) 71.8 (53.1) 25.8 (33.2) 56.7 (224.3) 50.5 5.3 20.9 (90.4) (67.3) 18.5 58.1 23.4 (11.9) 14.2 (8.4) (100.8) 131.9 228.5 (110.9) (5.5) 46.5 (288.5) 460.9 20.6 14.1 19.8 14.7 18.3 19.8 (25.6) 10.3 17.4 6.8
Cash at Beginning 412.0 385.4 401.2 400.5 349.7 366.5 294.8 347.9 322.1 355.4 298.7 523.0 472.5 467.2 446.3 536.7 603.9 585.5 527.4 503.9 515.8 501.6 510.0 610.7 478.8 250.3 361.1 366.6 320.1 608.6 147.8 127.1 113.1 93.3 78.5 60.2 40.4 66.0 55.7 38.3 31.4
Cash at End 456.5 412.0 385.4 392.2 400.5 349.7 366.5 294.8 347.9 322.1 355.4 298.7 523.0 472.5 467.2 446.3 536.7 603.9 585.5 527.4 503.9 515.8 501.6 510.0 610.7 478.8 250.3 361.1 366.6 320.1 608.6 147.8 127.1 113.1 93.3 78.5 60.2 40.4 66.0 55.7 38.3
Free Cash Flow 122.0 59.0 76.7 9.7 109.4 7.0 78.2 40.2 63.4 12.0 70.1 37.3 74.9 (410.1) 56.4 34.7 34.1 15.6 62.8 37.7 17.2 17.4 (4.7) (98.2) 64.0 (7.0) 51.7 (1.7) 50.5 18.3 37.7 24.3 17.6 23.5 20.9 23.7 25.1 27.0 20.9 31.2 14.4
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
Income Statement
Revenue 337.2 376.3 330.3 340.9 276.7 340.4 292.2 300.9 248.0 285.1 277.6 286.5 222.2 281.3 244.4 224.4 186.7 183.6 154.3 137.3 111.9 133.8 105.4 40.2 127.2 191.5 166.8 181.7 148.8 174.4 136.7 140.6 121.3 134.0 97.5 107.3 91.1 116.4 87.0 91.5 83.3 105.8 68.8 79.0 76.9 96.0 63.5 62.7 57.6
Gross Profit 131.2 145.0 131.9 181.2 150.6 166.2 155.2 158.7 134.9 144.4 143.1 150.2 119.9 134.2 121.0 116.6 102.2 90.0 83.8 76.8 65.2 67.8 48.6 6.2 64.0 96.2 85.7 94.6 81.6 82.4 69.7 74.6 66.0 67.8 56.1 61.3 54.8 57.0 45.9 47.9 45.0 48.3 35.7 38.9 36.6 39.9 30.8 31.3 28.0
Operating Income 99.2 107.7 101.3 102.4 79.2 89.7 81.3 87.4 65.8 71.4 72.4 77.0 52.2 64.4 61.9 55.1 48.7 29.2 44.5 40.3 29.4 32.2 16.0 (22.7) 34.3 61.6 53.1 65.3 53.2 52.7 43.6 48.8 38.9 42.3 34.0 38.2 33.1 36.1 26.2 27.8 25.6 28.8 10.3 18.7 14.3 19.3 14.0 14.7 13.5
Net Income 51.6 60.4 58.8 58.0 41.9 47.1 42.0 48.6 34.3 35.3 39.1 41.1 22.7 33.7 26.9 22.3 16.5 5.7 17.4 14.0 5.6 8.7 (3.1) (29.2) 8.6 29.7 25.8 34.8 27.4 24.8 17.5 25.9 19.9 (3.5) 15.3 12.4 8.8 10.6 3.4 4.1 3.4 2.5 (3.9) 11.5 8.4 13.8 8.1 8.8 6.0
EPS (Diluted) 0.65 0.73 0.70 0.69 0.50 0.56 0.50 0.56 0.39 0.41 0.46 0.48 0.27 0.40 0.32 0.26 0.19 0.07 0.21 0.17 0.07 0.11 -0.04 -0.36 0.11 0.36 0.31 0.41 0.32 0.29 0.20 0.29 0.23 -0.04 0.18 0.16 0.14 0.18 0.08 0.11 0.09 0.06 -0.11 0.33 0.24 0.39 0.23 0.25 0.17
Balance Sheet
Cash & Equivalents 375.3 345.7 329.0 335.7 343.9 293.1 298.8 247.0 301.7 275.8 309.0 236.1 460.4 409.8 404.5 383.5 471.2 545.9 527.3 469.1 445.6 439.5 419.7 423.6 547.5 436.3 219.8 330.6 336.0 289.4 572.7 147.8 127.1 113.1 93.3 78.5 60.2 40.4 66.0 55.7 38.3
Total Assets 3,104.6 3,103.4 3,058.2 3,119.2 3,091.9 3,069.7 3,048.2 2,974.0 2,992.8 2,969.7 2,944.8 2,848.2 2,905.6 2,854.6 2,846.3 2,884.1 2,992.4 2,016.0 1,949.7 1,899.6 1,865.0 1,849.7 1,801.6 1,800.0 1,875.6 1,717.2 1,420.2 1,523.5 1,509.6 1,353.4 1,621.4 1,124.7 1,115.9 1,092.5 1,366.0 1,354.6 1,156.4 1,001.4 852.3 779.4 685.7
Total Debt 432.7 443.0 2,575.3 2,594.9 2,599.4 2,575.9 2,583.4 2,578.5 2,370.2 2,365.2 2,367.2 2,338.1 2,331.1 2,340.7 2,344.9 2,357.9 2,432.0 1,955.5 1,944.5 1,939.3 1,932.5 1,936.8 1,937.1 1,929.0 1,925.2 1,857.9 1,294.7 1,282.5 1,285.0 1,172.1 1,173.7 701.1 702.4 703.8 705.1 706.4 707.9 709.2 482.2 483.1 484.0
Stockholders' Equity (482.8) (483.4) (194.8) (158.7) (219.9) (215.4) (266.1) (317.7) (96.4) (115.6) (157.1) (202.0) (151.1) (199.0) (203.7) (185.4) (212.7) (645.4) (660.6) (681.0) (697.7) (705.9) (719.6) (718.3) (691.8) (706.5) (438.6) (309.1) (346.0) (374.6) (101.5) (80.0) (107.6) (119.5) (116.8) (133.6) (133.5) (130.8) 9.5 (0.7) (13.6)
Cash Flow
Operating Cash Flow 147.5 109.1 131.5 44.0 133.9 49.1 126.8 78.2 89.7 63.3 109.6 59.4 97.9 49.8 80.2 52.3 58.0 39.8 75.2 50.7 23.5 33.3 10.9 (86.1) 73.1 51.6 70.2 24.6 57.9 40.5 65.4 30.4 48.1 38.0 30.0 32.5 30.5 33.1 25.7 34.8 15.3
Capital Expenditure (25.5) (50.1) (54.8) (34.3) (24.5) (42.1) (48.6) (38.0) (26.3) (51.4) (39.5) (22.1) (23.0) (459.9) (23.7) (17.6) (23.9) (24.2) (12.4) (13.0) (6.4) (15.8) (15.6) (12.1) (9.1) (58.6) (18.5) (26.3) (7.5) (22.3) (27.7) (6.1) (30.5) (14.5) (9.1) (8.8) (5.3) (6.1) (4.8) (3.6) (0.9)
Free Cash Flow 122.0 59.0 76.7 9.7 109.4 7.0 78.2 40.2 63.4 12.0 70.1 37.3 74.9 (410.1) 56.4 34.7 34.1 15.6 62.8 37.7 17.2 17.4 (4.7) (98.2) 64.0 (7.0) 51.7 (1.7) 50.5 18.3 37.7 24.3 17.6 23.5 20.9 23.7 25.1 27.0 20.9 31.2 14.4