PNM - PNM Resources, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$44.50
DETAILS
HIGH:
$51.00
LOW:
$38.00
MEDIAN:
$44.50
CONSENSUS:
$44.50
UPSIDE:
6.54%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1988 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||
| Revenue | 0 | 0 | 1,939.2 | 2,249.6 | 1,779.9 | 1,523.0 | 1,457.6 | 1,436.6 | 1,445.0 | 1,363.0 | 1,439.1 | 1,435.9 | 1,387.9 | 1,342.4 | 1,700.6 | 1,673.5 | 1,647.7 | 1,959.5 | 1,914.0 | 2,471.7 | 2,076.8 | 1,604.0 | 1,455.7 | 1,169.0 | 2,352.1 | 1,611.3 | 1,157.6 | 1,092.5 | 1,135.3 | 883.3 | 808.5 | 904.7 | 873.9 | 852 | 841.9 |
| Cost of Revenue | 0 | 0 | 893.9 | 1,135.3 | 788.8 | 585.2 | 555.4 | 549.2 | 616.5 | 593.0 | 710.6 | 657.2 | 608.1 | 585.3 | 943.5 | 960.1 | 966.5 | 1,433.8 | 1,323.0 | 1,610.0 | 1,440.2 | 1,091.3 | 943.3 | 149.5 | 152.5 | 139.9 | 200 | 445.8 | 527 | 291.9 | 235.1 | 269.8 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 1,045.3 | 1,019.6 | 991.1 | 937.8 | 902.2 | 887.4 | 828.5 | 769.9 | 797.7 | 778.7 | 779.8 | 757.1 | 757.2 | 713.5 | 681.2 | 525.8 | 591.0 | 861.7 | 636.6 | 512.6 | 512.4 | 1,019.5 | 2,199.6 | 1,471.4 | 957.6 | 646.7 | 608.3 | 591.4 | 573.4 | 634.9 | 873.9 | 852 | 841.9 |
| 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 |
| SG&A Expenses | 274.5 | 247.1 | 227.9 | 321.8 | 230.3 | 216.3 | 189.2 | 188.5 | 177.8 | 184.8 | 179.1 | 237.7 | 249.3 | 258.9 | 279.2 | 264.6 | 262.3 | 253.3 | 214.6 | 276.0 | 218.0 | 165.9 | 158.7 | 146.2 | 155.4 | 147.3 | 153.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Expenses | 1,450.0 | 1,270.6 | 8.3 | 397.8 | 370.1 | 357.1 | 347.9 | 1.9 | 3.8 | 4.0 | 14.1 | 1.6 | (11.0) | (4.9) | 220.7 | 209.4 | 22.3 | 472.0 | 251.4 | 306.0 | 257.4 | 190.3 | 207.0 | 750.6 | 1,732.8 | 1,137.7 | 658.7 | 469.7 | 445.9 | 426.1 | 429.8 | 439.6 | 0 | 0 | 0 |
| Operating Expenses | 1,724.4 | 1,517.7 | 742.1 | 719.7 | 681.7 | 651.4 | 607.0 | 585.8 | 491.0 | 468.4 | 505.9 | 477.9 | 423.2 | 403.2 | 499.9 | 474.0 | 489.3 | 725.3 | 466.0 | 582.0 | 475.4 | 356.3 | 365.7 | 896.8 | 1,888.2 | 1,284.9 | 812.4 | 469.7 | 445.9 | 426.1 | 429.8 | 439.6 | 0 | 0 | 0 |
| Operating Income | |||||||||||||||||||||||||||||||||||
| Operating Income | 441.2 | 453.5 | 228.6 | 393.8 | 308.2 | 285.3 | 144.2 | 236.0 | 306.5 | 278.0 | 124.3 | 299.7 | 286.8 | 273.7 | 257.3 | 239.5 | 191.9 | (199.6) | 125.0 | 279.7 | 161.2 | 156.3 | 146.7 | 122.7 | 311.4 | 186.4 | 145.2 | 177 | 162.4 | 165.3 | 143.6 | 195.3 | 873.9 | 852 | 841.9 |
| Interest Expense | 271.5 | 228.1 | 190.4 | 127.9 | 96.9 | 114.4 | 121.0 | 127.2 | 127.6 | 128.6 | 114.9 | 119.6 | 121.4 | 120.8 | 124.8 | 125.4 | 122.2 | 133.0 | 120.7 | 146.6 | 99.4 | 54.0 | 66.8 | 61.4 | 64.8 | 65.4 | 0 | 63.2 | 0 | 54.7 | 57.9 | 70.8 | 0 | 0 | 0 |
| Interest Income | 20.1 | 23.5 | 22.0 | 16.1 | 14.7 | 14.2 | 14.0 | 15.5 | 15.9 | 22.3 | 6.5 | 8.5 | 10.0 | 13.1 | 15.5 | 18.9 | 28.4 | 24.1 | 43.2 | 39.7 | 42.8 | 0 | 0 | 45.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||||
| EBITDA | 877.2 | 893.2 | 622.8 | 680.3 | 661.5 | 598.0 | 620.8 | 560.3 | 585.2 | 561.3 | 535.3 | 483.4 | 506.3 | 488.4 | 594.4 | 213.7 | 363.6 | 31.4 | 254.3 | 419.2 | 328.3 | 245.7 | 285.0 | 247.0 | 425.6 | 256.4 | 218.9 | 252.4 | 244.1 | 255.3 | 216.6 | 286.2 | 873.9 | 852 | 841.9 |
| EBIT | 451.5 | 0 | 280.9 | 339.2 | 341.3 | 322.3 | 353.0 | 236.3 | 353.4 | 323.8 | 161.0 | 320.3 | 296.5 | 295.9 | 437.3 | 62.0 | 217.0 | (147.1) | 183.8 | 268.7 | 166.6 | 252.6 | 220.0 | 175.2 | 368.9 | 285.8 | 145.2 | 262.9 | 162.4 | 221.3 | 221.6 | 265.9 | 0 | 0 | 0 |
| Income Before Tax | 180.0 | 280.2 | 90.5 | 211.3 | 228.9 | 193.9 | 66.8 | 109.1 | 225.8 | 195.2 | 46.2 | 200.6 | 175.1 | 175.0 | 312.5 | (63.4) | 94.8 | (396.1) | 62.6 | 185.6 | 98.1 | 144.6 | 86.4 | 97.3 | 239.2 | 154.9 | 104.6 | 136.4 | 119.3 | 112 | 105.8 | 124.5 | 0 | 0 | 0 |
| Income Tax Expense | 28.7 | 38.1 | (16.4) | 26.1 | 32.6 | 20.6 | (25.3) | 7.8 | 130.3 | 63.3 | 15.1 | 69.7 | 59.5 | 54.9 | 121.5 | (32.3) | 28.8 | (90.8) | 3.2 | 64.0 | 32.9 | 52.7 | 27.9 | 33.0 | 88.8 | 54.0 | 25 | 41.3 | 38.3 | 39.4 | 30.2 | 44.2 | 61.5 | 104.3 | 183.5 |
| Net Income | 151.4 | 242.2 | 88.3 | 170.1 | 196.4 | 173.3 | 77.9 | 86.2 | 80.4 | 117.4 | 16.2 | 116.8 | 101.0 | 106.1 | 176.9 | (44.7) | 124.8 | (270.6) | 74.9 | 121.6 | 64.4 | 91.9 | 95.2 | 64.3 | 150.4 | 100.9 | 83.1 | 82.7 | 81 | 72.6 | 75.6 | 80.3 | (61.5) | (104.3) | (183.5) |
| Per Share Data | |||||||||||||||||||||||||||||||||||
| EPS (Basic) | 1.67 | 2.67 | 1.02 | 1.97 | 2.28 | 2.16 | 0.97 | 1.08 | 1.00 | 1.47 | 0.20 | 1.46 | 1.26 | 1.32 | 1.98 | -0.49 | 1.36 | -3.24 | 0.98 | 1.73 | 1.00 | 1.43 | 1.57 | 1.09 | 2.55 | 1.69 | 1.34 | 1.31 | 1.28 | 1.15 | 1.15 | 1.18 | -0.98 | -1.67 | -2.93 |
| EPS (Diluted) | 1.67 | 2.67 | 1.02 | 1.97 | 2.27 | 2.15 | 0.97 | 1.08 | 1.00 | 1.46 | 0.20 | 1.45 | 1.25 | 1.31 | 1.96 | -0.49 | 1.36 | -3.24 | 0.96 | 1.71 | 0.98 | 1.41 | 1.56 | 1.07 | 2.51 | 1.69 | 1.34 | 1.30 | 1.27 | 1.14 | 1.15 | 1.18 | -0.98 | -1.67 | -2.93 |
| Shares Outstanding | 90.7 | 90.7 | 86.3 | 86.1 | 86.1 | 80.2 | 79.9 | 79.9 | 79.9 | 79.8 | 79.8 | 79.6 | 79.8 | 79.8 | 89.2 | 91.6 | 91.4 | 83.5 | 77.9 | 69.8 | 64.4 | 60.9 | 60.2 | 56.7 | 58.8 | 59.4 | 61.6 | 62.5 | 62.8 | 62.8 | 62.7 | 62.7 | 62.4 | 62.6 | 62.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 1.6 | 0.1 | 2.2 | 4.1 | 1.1 | 47.9 | 3.8 | 2.1 | 4.0 | 4.5 | 46.1 | 28.3 | 2.5 | 9.0 | 15.1 | 15.4 | 14.6 | 140.6 | 17.8 | 123.4 | 68.2 | 17.2 | 12.7 | 3.7 | 14.7 | 107.7 | 120.4 | 2.6 | 8.7 | 11.1 | 4.2 | 21 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 273.6 | 269.8 | 204.7 | 198.4 | 160.4 | 169.2 | 144.5 | 179.6 | 185.1 | 197.0 | 210.0 | 299.2 | 311.4 | 326.7 | 391.7 | 273.4 | 209.2 | 285.0 | 280.6 | 249.7 | 198.2 | 173.1 | 199.9 | 307.6 | 216.7 | 206.2 | 216.3 | 215.8 | 132.4 | 133.2 |
| Inventory | 0 | 0 | 98.0 | 66.7 | 65.1 | 66.4 | 77.9 | 71.8 | 66.5 | 73.0 | 67.4 | 63.6 | 67.2 | 59.6 | 54.2 | 52.5 | 50.6 | 49.4 | 41.3 | 63.3 | 52.0 | 41.4 | 40.8 | 37.2 | 36.5 | 36.1 | 40 | 35.6 | 46.8 | 44 | 50.1 | 59.8 |
| Other Current Assets | 10.9 | 15.3 | 82.0 | 51.9 | 16.4 | 64.8 | 51.8 | 58.3 | 79.4 | 115.7 | 83.2 | 106.3 | 59.0 | 70.6 | 78.4 | 132.4 | 70.6 | 289.2 | 337.6 | 219.1 | 195.5 | 55.3 | 54.3 | 136.4 | 77.1 | 59.0 | 28.9 | 63.4 | 14 | 15.8 | 103.2 | 84.1 |
| Total Current Assets | 12.6 | 15.4 | 475.5 | 411.0 | 324.6 | 377.5 | 294.0 | 302.5 | 294.4 | 378.0 | 385.6 | 432.8 | 401.5 | 442.2 | 462.8 | 543.9 | 578.2 | 752.6 | 605.9 | 690.9 | 596.3 | 363.6 | 306.0 | 350.4 | 328.2 | 510.4 | 406 | 307.8 | 285.8 | 286.7 | 289.9 | 298.1 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 21.1 | 19.5 | 7,821.4 | 7,055.6 | 6,857.8 | 6,094.4 | 5,609.7 | 5,238.0 | 4,983.6 | 4,908.1 | 4,538.8 | 4,273.4 | 3,938.3 | 3,751.0 | 3,631.8 | 3,451.8 | 3,340.4 | 3,192.0 | 2,942.4 | 4,196.8 | 2,988.3 | 2,326.0 | 2,640.5 | 1,868.8 | 1,782.7 | 1,621.0 | 1,586.7 | 2,117.6 | 1,878.1 | 1,807 | 1,607.8 | 1,731.2 |
| Goodwill | 0 | 0 | 278.3 | 278.3 | 278.3 | 278.3 | 278.3 | 278.3 | 278.3 | 278.3 | 278.3 | 278.3 | 278.3 | 278.3 | 278.3 | 321.3 | 321.3 | 273.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.4 | 26.6 | 0 | 209.2 | 285.0 | 280.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 564.1 | 508.3 | 552.5 | 531.1 | 454.3 | 355.1 | 340.5 | 273.5 | 259.6 | 261.4 | 260.9 | 252.4 | 260.1 | 279.6 | 495.7 | 562 | 652 | 444 | 562 | 22.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4,311.8 | 3,658.5 | 3,318.8 | 636.0 | (111.3) | (35.8) | 36.4 | 90.9 | 202.0 | (307.5) | (330.4) | (307.8) | (180.2) | 648.4 | 562.5 | 602.1 | 597.7 | 1,150.0 | 500.2 | 8.9 | 558.1 | 776.1 | 432.2 | 807.7 | 696.7 | 762.9 | 730.6 | 151.4 | 149.8 | 136.6 | 138 | 174 |
| Total Non-Current Assets | 4,332.9 | 3,678.1 | 9,777.1 | 8,846.4 | 8,342.3 | 7,562.4 | 7,004.8 | 6,563.0 | 6,351.7 | 6,093.0 | 5,623.8 | 5,396.5 | 5,098.7 | 4,930.4 | 4,741.8 | 4,681.2 | 4,781.7 | 5,395.3 | 5,266.3 | 5,474.7 | 4,528.4 | 3,124.1 | 3,072.7 | 2,676.5 | 2,479.5 | 2,383.8 | 2,317.3 | 2,269 | 2,027.9 | 1,943.6 | 1,745.8 | 1,905.2 |
| Total Assets | 4,345.4 | 3,693.5 | 10,252.6 | 9,257.4 | 8,666.9 | 7,939.9 | 7,298.8 | 6,865.6 | 6,646.1 | 6,471.1 | 6,009.3 | 5,829.3 | 5,500.2 | 5,372.6 | 5,204.6 | 5,225.1 | 5,359.9 | 6,148.0 | 5,872.1 | 6,165.6 | 5,124.7 | 3,487.6 | 3,378.6 | 3,026.9 | 2,807.6 | 2,894.2 | 2,723.3 | 2,576.8 | 2,313.7 | 2,230.3 | 2,035.7 | 2,203.3 |
| Current Liabilities | ||||||||||||||||||||||||||||||||
| Account Payables | 0 | 0 | 205.2 | 215.7 | 172.6 | 169.3 | 103.1 | 112.2 | 121.4 | 86.7 | 100.4 | 110.0 | 109.7 | 99.2 | 103.1 | 96.0 | 111.4 | 174.1 | 149.0 | 214.2 | 206.6 | 117.6 | 86.2 | 98.0 | 120.9 | 258.0 | 150.6 | 114 | 154.5 | 130.7 | 93.7 | 105.2 |
| Short-Term Debt | 2.6 | 93.9 | 542.1 | 416.8 | 242.0 | 608.4 | 675.8 | 235.9 | 562.3 | 560.4 | 375.6 | 438.7 | 224.2 | 161.2 | 85.1 | 224.3 | 200.1 | 950.4 | 1,115.1 | 764.3 | 332.2 | 94.7 | 125.9 | 150 | 35 | 0 | 0 | 26.6 | 114.5 | 115.4 | 0.1 | 148.5 |
| Deferred Revenue | 0 | 0 | 6.2 | 6.1 | 5.1 | 6.6 | 10.6 | 10.7 | 11.0 | 11.4 | 12.2 | 12.6 | 13.5 | 18.2 | 72.3 | 27.7 | 45.3 | (646.4) | (795.1) | (432.1) | (147.6) | 49.6 | 0 | 0 | 138.7 | 0 | 0 | 36.1 | (114.5) | 54.1 | 71.5 | 71.7 |
| Other Current Liabilities | 64.2 | 127.0 | 483.5 | 257.9 | 249.6 | 199.9 | 188.6 | 164.4 | 152.0 | 158.0 | 165.1 | 155.6 | 158.8 | 155.5 | 112.8 | 172.2 | 206.4 | 304.0 | 320.0 | 332.3 | 184.6 | 94.7 | 133.5 | 145.2 | 35 | 104.6 | 88.4 | 26.6 | 57.5 | (0.2) | 0.1 | 0.1 |
| Total Current Liabilities | 66.8 | 220.9 | 1,230.8 | 890.4 | 664.2 | 977.7 | 967.5 | 512.5 | 835.6 | 805.1 | 641.1 | 704.3 | 492.7 | 434.1 | 373.3 | 520.1 | 563.3 | 1,428.4 | 1,584.1 | 1,310.9 | 723.5 | 356.6 | 345.6 | 393.2 | 329.6 | 362.6 | 239 | 203.3 | 326.5 | 300 | 165.4 | 325.5 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||
| Long-Term Debt | 0 | 0 | 4,408.6 | 3,933.9 | 3,575.6 | 2,800.7 | 2,623.0 | 2,670.1 | 2,180.8 | 2,119.4 | 1,967.0 | 1,642.0 | 1,670.4 | 1,669.8 | 1,671.6 | 1,563.6 | 1,565.2 | 1,379.0 | 1,231.9 | 358.1 | 343.5 | 0.1 | 987.2 | 980.1 | 953.9 | 953.8 | 988.5 | 1,008.6 | 714 | 713.9 | 728.8 | 752.1 |
| Deferred Tax Liabilities | 0 | 0 | 845.3 | 822.8 | 764.9 | 694.5 | 626.1 | 600.7 | 547.2 | 940.6 | 877.4 | 891.1 | 827.3 | 715.8 | 660.9 | 558.2 | 551.7 | 596.6 | 627.0 | 607.7 | 485.1 | 319.9 | 288.6 | 167.2 | 164.9 | 214.1 | 204.3 | 198.7 | 179.2 | 172.6 | 145.5 | 148.8 |
| Other Non-Current Liabilities | 887.2 | 951.5 | 5.1 | 1,011.4 | 1,427.8 | 1,091.8 | 1,329.0 | 1,318.1 | 1,309.5 | 849.6 | 786.1 | 746.4 | 747.7 | (715.8) | 724.5 | 147.6 | 71.0 | 986.0 | 603.9 | 2,780.2 | 2,759.7 | 2,019.8 | 667.1 | 727.5 | 0 | 0 | 0 | 0 | 0 | 0 | (874.3) | 0 |
| Total Non-Current Liabilities | 887.2 | 951.5 | 6,611.3 | 6,110.6 | 5,768.2 | 4,842.2 | 4,578.0 | 4,589.0 | 4,037.5 | 3,909.6 | 3,630.5 | 3,318.4 | 3,245.4 | 3,237.9 | 3,163.4 | 2,971.5 | 2,957.6 | 2,961.6 | 2,584.1 | 3,138.3 | 3,103.2 | 2,019.9 | 1,942.9 | 1,874.8 | 1,118.8 | 1,167.9 | 1,192.8 | 1,207.3 | 893.2 | 886.5 | 874.3 | 900.9 |
| Total Liabilities | 954.0 | 1,172.5 | 7,842.0 | 7,000.9 | 6,432.4 | 5,819.9 | 5,545.5 | 5,101.4 | 4,873.1 | 4,714.7 | 4,271.6 | 4,022.7 | 3,738.1 | 3,672.0 | 3,536.7 | 3,491.6 | 3,520.8 | 4,403.1 | 4,179.7 | 4,472.3 | 3,838.2 | 2,388.1 | 2,301.3 | 2,028.3 | 1,898.2 | 1,944.6 | 1,810.6 | 1,689 | 1,496.5 | 1,463.2 | 1,320.1 | 1,494.9 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||
| Common Stock | 2,563.9 | 1,724.4 | 1,624.8 | 1,429.1 | 1,429.3 | 1,429.9 | 1,150.6 | 1,153.1 | 1,157.7 | 1,163.7 | 1,166.5 | 1,173.8 | 1,178.4 | 1,182.8 | 1,193.2 | 0 | 1,289.9 | 0 | 0 | 0 | 0 | 0 | 0 | 624.1 | 195.6 | 195.6 | 203.5 | 208.9 | 208.9 | 208.9 | 208.9 | 208.9 |
| Retained Earnings | 866.9 | 887.6 | 787.1 | 828.9 | 810.2 | 698.7 | 627.5 | 644.0 | 633.5 | 604.7 | 559.8 | 609.5 | 553.3 | 507.0 | 447.6 | 314.9 | 405.9 | 327.3 | 638.2 | 623.9 | 564.6 | 550.6 | 503.1 | 444.7 | 288.4 | 296.8 | 227.8 | 186.2 | 129.2 | 77.2 | 25.2 | (46) |
| Accumulated Other Comprehensive Income | (26.8) | (75.7) | (62.8) | (66.0) | (71.9) | (79.2) | (99.4) | (108.7) | (95.9) | (92.5) | (71.4) | (61.8) | (58.1) | (81.6) | (66.9) | (68.7) | (46.1) | 30.9 | 11.2 | 28.9 | (91.6) | (89.8) | (73.5) | (94.7) | (29.0) | (0.0) | 2.4 | 1.1 | (2.7) | (2.1) | (1.6) | (1.1) |
| Total Stockholders' Equity | 3,404.0 | 2,536.4 | 2,360.6 | 2,203.5 | 2,179.1 | 2,061.0 | 1,690.2 | 1,699.9 | 1,706.8 | 1,687.5 | 1,666.3 | 1,733.1 | 1,685.1 | 1,619.7 | 1,585.5 | 1,648.3 | 1,749.7 | 1,646.4 | 1,692.4 | 1,693.3 | 1,286.5 | 1,099.6 | 1,077.3 | 986.8 | 897.8 | 937.4 | 899.9 | 874.4 | 817.2 | 767.1 | 715.6 | 708.4 |
| Total Liabilities & Equity | 4,358.0 | 3,708.9 | 10,252.6 | 9,257.4 | 8,666.9 | 7,939.9 | 7,298.8 | 6,865.6 | 6,646.1 | 6,471.1 | 6,009.3 | 5,829.3 | 5,500.2 | 5,372.6 | 5,204.6 | 5,225.1 | 5,359.9 | 6,148.0 | 5,872.1 | 6,165.6 | 5,124.7 | 3,487.6 | 3,378.6 | 3,026.9 | 2,807.6 | 2,894.2 | 2,723.3 | 2,576.8 | 2,313.7 | 2,230.3 | 2,035.7 | 2,203.3 |
| Debt Metrics | ||||||||||||||||||||||||||||||||
| Total Debt | 2.6 | 93.9 | 4,963.0 | 4,369.5 | 3,844.8 | 3,435.7 | 3,327.4 | 2,906.0 | 2,743.0 | 2,679.8 | 2,342.5 | 2,080.7 | 1,894.6 | 1,831.0 | 1,756.7 | 1,787.8 | 1,765.3 | 2,329.4 | 2,347.0 | 2,530.3 | 2,078.6 | 1,082.5 | 1,113.1 | 1,130.1 | 988.9 | 953.8 | 988.5 | 1,035.2 | 828.5 | 829.3 | 728.9 | 900.6 |
| Net Debt | 1.0 | 93.8 | 4,960.8 | 4,365.4 | 3,843.7 | 3,387.7 | 3,323.6 | 2,903.9 | 2,739.1 | 2,675.3 | 2,296.5 | 2,052.4 | 1,892.1 | 1,822.0 | 1,741.6 | 1,772.4 | 1,750.7 | 2,188.8 | 2,329.2 | 2,406.8 | 2,010.4 | 1,065.3 | 1,100.4 | 1,126.4 | 974.2 | 846.1 | 868.1 | 1,032.6 | 819.8 | 818.2 | 724.7 | 879.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||
| Net Income | 151.4 | (51.5) | 106.9 | 185.2 | 211.8 | 187.3 | 92.1 | 101.3 | 95.4 | 131.9 | 31.1 | 130.9 | 115.6 | 120.1 | 190.9 | (31.1) | 136.7 | (270.6) | 74.9 | 122.1 | 67.2 | 87.7 | 95.2 | 64.3 | 150.4 | 100.9 | 79.6 | 82.7 | 81 | 72.6 | 75.6 | 80.3 |
| Depreciation & Amortization | 0 | 0 | 353.7 | 341.1 | 320.2 | 314.7 | 301.1 | 275.6 | 268.2 | 242.0 | 222.9 | 209.9 | 208.2 | 206.5 | 195.4 | 186.1 | 173.4 | 0 | 4.9 | 0.5 | 0.7 | 2.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 0 | 7.2 | 7.8 | 9.4 | 8.1 | 6.4 | 7.1 | 6.2 | 5.6 | 4.9 | 5.9 | 5.3 | 3.6 | 6.6 | 2.9 | 2.2 | 0 | 7.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 0 | 0 | 58.4 | (59.1) | (1.0) | (16.6) | 14.5 | (39.7) | 28.6 | (23.1) | (38.5) | 13.2 | (4.3) | (96.1) | (83.6) | (101.6) | (234.4) | (69.0) | (50.6) | (10.5) | (61.0) | (20.6) | (67.8) | (101.5) | 42.9 | 1.5 | 5.6 | 2.6 | 17.2 | (35.6) | 4.6 | 6.4 |
| Other Non-Cash Items | (214.1) | 14.5 | 38.5 | 67.8 | (23.4) | (28.3) | 114.4 | 75.9 | (4.4) | (4.8) | 150.1 | (17.5) | 1.4 | (9.0) | (141.4) | 195.4 | (18.0) | 474.4 | 150.3 | 0.4 | 178.8 | 124.5 | 111.1 | 87.2 | 141.6 | 137.1 | 129.3 | 107.4 | 103.8 | 83.3 | 65.3 | 91.3 |
| Operating Cash Flow | (62.7) | (36.9) | 551.2 | 567.3 | 547.9 | 485.7 | 503.2 | 428.2 | 524.5 | 415.5 | 386.9 | 414.9 | 386.6 | 281.3 | 292.2 | 287.4 | 87.7 | 88.1 | 222.5 | 244.4 | 210.5 | 235.8 | 228.7 | 97.3 | 334.9 | 239.5 | 214.5 | 211 | 213.1 | 151.7 | 147.1 | 201.1 |
| Investing Activities | ||||||||||||||||||||||||||||||||
| Capital Expenditure | 0 | 0 | (1,075.8) | (912.6) | (935.0) | (679.0) | (616.3) | (501.2) | (500.5) | (600.1) | (558.6) | (460.7) | (348.0) | (308.9) | (326.9) | (281.5) | (288.0) | (345.0) | (455.9) | (321.1) | (221.8) | (145.7) | (177.2) | (240.2) | (264.8) | (146.9) | (95.3) | (133) | (135.2) | (103.6) | (107.4) | (120.6) |
| Acquisitions | 0 | 0 | (26.2) | 0 | 0.6 | (23.2) | (38.2) | (9) | 8.3 | 0 | 0 | (36.2) | 0 | 4.0 | 329.3 | 0 | 641.8 | (185.4) | (172.3) | (481.1) | 0 | 0 | 0 | 0 | (11.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | (593.2) | (564.9) | (477.7) | (607.6) | (513.9) | (1,007.0) | (650.3) | (538.4) | (262.5) | (127.0) | (282) | (173.2) | (149.2) | (106.1) | (129.8) | 1.5 | 55.0 | (102.3) | (109.8) | 0 | 0 | 0 | (50.4) | 0 | 0 | (49.2) | (0.4) | 0 | (21.5) | (26.7) |
| Sales/Maturities of Investments | 0 | 0 | 574.2 | 526.4 | 459.9 | 591.0 | 494.5 | 984.5 | 637.5 | 531.1 | 273.9 | 138.7 | 294.5 | 190.8 | 177.6 | 109.7 | 151.5 | 180.3 | 163.6 | 96.6 | 104.6 | 12.2 | 80.3 | 76.6 | 0 | 0 | 0 | 0 | 0 | 86.8 | 0 | 0 |
| Other Investing Activities | (374.9) | 41.8 | 32.7 | 0.7 | (0.0) | (14.9) | (0.0) | 57.0 | 38.8 | (92.1) | 2.7 | (0.2) | 4.1 | 1.4 | (10.9) | 2.0 | 4.3 | 27.9 | 336.1 | 8.2 | 72.3 | (11.0) | (4.7) | (36.8) | 25.5 | (10.6) | 39.4 | (208) | (46.8) | (207.4) | 206.5 | 39.6 |
| Investing Cash Flow | (374.9) | 41.8 | (1,088.4) | (950.3) | (952.3) | (733.8) | (673.9) | (475.7) | (466.2) | (699.4) | (544.5) | (485.3) | (331.4) | (285.9) | 19.8 | (275.9) | 379.7 | (320.7) | (73.5) | (799.6) | (154.6) | (144.5) | (101.6) | (200.4) | (301.3) | (157.5) | (55.9) | (390.2) | (182.4) | (224.2) | 77.6 | (107.7) |
| Financing Activities | ||||||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | (9.6) | (8.0) | (10.1) | 1,102.8 | (9.9) | (12.6) | (13.9) | (15.5) | (17.7) | (17.3) | (13.8) | (25.2) | (209.3) | (3.0) | (1.0) | (1.4) | (18.3) | (20.2) | (234.3) | (17.5) | (9.6) | (2.4) | 0 | (29.1) | (18.8) | 0 | 0 | 0 | (64.2) | (7.7) |
| Dividends Paid | (162.8) | (153) | (126.7) | (119.8) | (113.0) | (98.5) | (92.9) | (85.0) | (77.8) | (70.6) | (64.3) | (59.5) | (51.5) | (45.1) | (45.7) | (46.3) | (46.2) | (57.5) | (70.3) | (59.7) | (51.1) | (38.8) | (36.7) | (34.2) | (158.9) | (32.3) | (33.4) | (32.8) | (26.9) | (15.6) | (5.1) | (6.4) |
| Other Financing Activities | 602.0 | 148.1 | 663.8 | 505.9 | 470.5 | 390.7 | 265.4 | 130.6 | 18.9 | 313.0 | 239.7 | 155.7 | (10.1) | 43.6 | (39.1) | 35.6 | (246.4) | 413.0 | (130.0) | 670.1 | 46.3 | (48.0) | (81.4) | 112.7 | 32.3 | (62.5) | (66.1) | 205.9 | (6.2) | 95 | (236.4) | (86.4) |
| Financing Cash Flow | 439.2 | (4.9) | 537.1 | 386.0 | 357.6 | 292.2 | 172.4 | 45.6 | (58.8) | 242.4 | 175.4 | 96.2 | (61.6) | (1.6) | (312.3) | (10.7) | (593.4) | 355.5 | (254.6) | 610.4 | (4.8) | (86.8) | (118.1) | 78.5 | (126.6) | (94.7) | (99.5) | 173.1 | (33.1) | 79.4 | (241.5) | (92.8) |
| Cash Position | ||||||||||||||||||||||||||||||||
| Net Change in Cash | 1.6 | (0.0) | (0.1) | 3.0 | (46.8) | 44.1 | 1.7 | (1.9) | (0.5) | (41.5) | 17.8 | 25.7 | (6.5) | (6.1) | (0.3) | 0.8 | (126.0) | 122.9 | (105.6) | 55.2 | 51.0 | 4.5 | 9.0 | (24.7) | (93.0) | (12.7) | 59.1 | (6.2) | (2.4) | 6.9 | (16.8) | 0.5 |
| Cash at Beginning | 0.1 | 0.1 | 4.1 | 1.1 | 47.9 | 3.8 | 2.1 | 4.0 | 4.5 | 46.1 | 28.3 | 2.5 | 9.0 | 15.1 | 15.4 | 14.6 | 140.6 | 17.8 | 123.4 | 68.2 | 17.2 | 12.7 | 3.7 | 28.4 | 107.7 | 120.4 | 61.3 | 8.8 | 11.1 | 4.2 | 21 | 20.5 |
| Cash at End | 1.6 | 0.1 | 3.9 | 4.1 | 1.1 | 47.9 | 3.8 | 2.1 | 4.0 | 4.5 | 46.1 | 28.3 | 2.5 | 9.0 | 15.1 | 15.4 | 14.6 | 140.6 | 17.8 | 123.4 | 68.2 | 17.2 | 12.7 | 3.7 | 14.7 | 107.7 | 120.4 | 2.6 | 8.7 | 11.1 | 4.2 | 21 |
| Free Cash Flow | (62.7) | (36.9) | (524.6) | (345.3) | (387.1) | (193.3) | (113.1) | (73.0) | 24.0 | (184.6) | (171.7) | (45.8) | 38.5 | (27.6) | (34.7) | 5.9 | (200.3) | (256.9) | (233.4) | (76.7) | (11.4) | 90.0 | 51.5 | (143.0) | 70.1 | 92.6 | 119.2 | 78 | 77.9 | 48.1 | 39.7 | 80.5 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1988 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||||
| Revenue | 0 | 0 | 1,939.2 | 2,249.6 | 1,779.9 | 1,523.0 | 1,457.6 | 1,436.6 | 1,445.0 | 1,363.0 | 1,439.1 | 1,435.9 | 1,387.9 | 1,342.4 | 1,700.6 | 1,673.5 | 1,647.7 | 1,959.5 | 1,914.0 | 2,471.7 | 2,076.8 | 1,604.0 | 1,455.7 | 1,169.0 | 2,352.1 | 1,611.3 | 1,157.6 | 1,092.5 | 1,135.3 | 883.3 | 808.5 | 904.7 | 873.9 | 852 | 841.9 |
| Gross Profit | 0 | 0 | 1,045.3 | 1,019.6 | 991.1 | 937.8 | 902.2 | 887.4 | 828.5 | 769.9 | 797.7 | 778.7 | 779.8 | 757.1 | 757.2 | 713.5 | 681.2 | 525.8 | 591.0 | 861.7 | 636.6 | 512.6 | 512.4 | 1,019.5 | 2,199.6 | 1,471.4 | 957.6 | 646.7 | 608.3 | 591.4 | 573.4 | 634.9 | 873.9 | 852 | 841.9 |
| Operating Income | 441.2 | 453.5 | 228.6 | 393.8 | 308.2 | 285.3 | 144.2 | 236.0 | 306.5 | 278.0 | 124.3 | 299.7 | 286.8 | 273.7 | 257.3 | 239.5 | 191.9 | (199.6) | 125.0 | 279.7 | 161.2 | 156.3 | 146.7 | 122.7 | 311.4 | 186.4 | 145.2 | 177 | 162.4 | 165.3 | 143.6 | 195.3 | 873.9 | 852 | 841.9 |
| Net Income | 151.4 | 242.2 | 88.3 | 170.1 | 196.4 | 173.3 | 77.9 | 86.2 | 80.4 | 117.4 | 16.2 | 116.8 | 101.0 | 106.1 | 176.9 | (44.7) | 124.8 | (270.6) | 74.9 | 121.6 | 64.4 | 91.9 | 95.2 | 64.3 | 150.4 | 100.9 | 83.1 | 82.7 | 81 | 72.6 | 75.6 | 80.3 | (61.5) | (104.3) | (183.5) |
| EPS (Diluted) | 1.67 | 2.67 | 1.02 | 1.97 | 2.27 | 2.15 | 0.97 | 1.08 | 1.00 | 1.46 | 0.20 | 1.45 | 1.25 | 1.31 | 1.96 | -0.49 | 1.36 | -3.24 | 0.96 | 1.71 | 0.98 | 1.41 | 1.56 | 1.07 | 2.51 | 1.69 | 1.34 | 1.30 | 1.27 | 1.14 | 1.15 | 1.18 | -0.98 | -1.67 | -2.93 |
| Balance Sheet | |||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 1.6 | 0.1 | 2.2 | 4.1 | 1.1 | 47.9 | 3.8 | 2.1 | 4.0 | 4.5 | 46.1 | 28.3 | 2.5 | 9.0 | 15.1 | 15.4 | 14.6 | 140.6 | 17.8 | 123.4 | 68.2 | 17.2 | 12.7 | 3.7 | 14.7 | 107.7 | 120.4 | 2.6 | 8.7 | 11.1 | 4.2 | 21 | |||
| Total Assets | 4,345.4 | 3,693.5 | 10,252.6 | 9,257.4 | 8,666.9 | 7,939.9 | 7,298.8 | 6,865.6 | 6,646.1 | 6,471.1 | 6,009.3 | 5,829.3 | 5,500.2 | 5,372.6 | 5,204.6 | 5,225.1 | 5,359.9 | 6,148.0 | 5,872.1 | 6,165.6 | 5,124.7 | 3,487.6 | 3,378.6 | 3,026.9 | 2,807.6 | 2,894.2 | 2,723.3 | 2,576.8 | 2,313.7 | 2,230.3 | 2,035.7 | 2,203.3 | |||
| Total Debt | 2.6 | 93.9 | 4,963.0 | 4,369.5 | 3,844.8 | 3,435.7 | 3,327.4 | 2,906.0 | 2,743.0 | 2,679.8 | 2,342.5 | 2,080.7 | 1,894.6 | 1,831.0 | 1,756.7 | 1,787.8 | 1,765.3 | 2,329.4 | 2,347.0 | 2,530.3 | 2,078.6 | 1,082.5 | 1,113.1 | 1,130.1 | 988.9 | 953.8 | 988.5 | 1,035.2 | 828.5 | 829.3 | 728.9 | 900.6 | |||
| Stockholders' Equity | 3,404.0 | 2,536.4 | 2,360.6 | 2,203.5 | 2,179.1 | 2,061.0 | 1,690.2 | 1,699.9 | 1,706.8 | 1,687.5 | 1,666.3 | 1,733.1 | 1,685.1 | 1,619.7 | 1,585.5 | 1,648.3 | 1,749.7 | 1,646.4 | 1,692.4 | 1,693.3 | 1,286.5 | 1,099.6 | 1,077.3 | 986.8 | 897.8 | 937.4 | 899.9 | 874.4 | 817.2 | 767.1 | 715.6 | 708.4 | |||
| Cash Flow | |||||||||||||||||||||||||||||||||||
| Operating Cash Flow | (62.7) | (36.9) | 551.2 | 567.3 | 547.9 | 485.7 | 503.2 | 428.2 | 524.5 | 415.5 | 386.9 | 414.9 | 386.6 | 281.3 | 292.2 | 287.4 | 87.7 | 88.1 | 222.5 | 244.4 | 210.5 | 235.8 | 228.7 | 97.3 | 334.9 | 239.5 | 214.5 | 211 | 213.1 | 151.7 | 147.1 | 201.1 | |||
| Capital Expenditure | 0 | 0 | (1,075.8) | (912.6) | (935.0) | (679.0) | (616.3) | (501.2) | (500.5) | (600.1) | (558.6) | (460.7) | (348.0) | (308.9) | (326.9) | (281.5) | (288.0) | (345.0) | (455.9) | (321.1) | (221.8) | (145.7) | (177.2) | (240.2) | (264.8) | (146.9) | (95.3) | (133) | (135.2) | (103.6) | (107.4) | (120.6) | |||
| Free Cash Flow | (62.7) | (36.9) | (524.6) | (345.3) | (387.1) | (193.3) | (113.1) | (73.0) | 24.0 | (184.6) | (171.7) | (45.8) | 38.5 | (27.6) | (34.7) | 5.9 | (200.3) | (256.9) | (233.4) | (76.7) | (11.4) | 90.0 | 51.5 | (143.0) | 70.1 | 92.6 | 119.2 | 78 | 77.9 | 48.1 | 39.7 | 80.5 | |||