Rithm Capital Corp. logo RITM - Rithm Capital Corp.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 18
HOLD 1
SELL 0
STRONG
SELL
0
| PRICE TARGET: $13.63 DETAILS
HIGH: $15.00
LOW: $12.50
MEDIAN: $13.50
CONSENSUS: $13.63
UPSIDE: 47.19%
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
Revenue
Revenue 1,380.2 1,663.2 1,333.7 1,234.4 1,321.7 1,090.0 1,628.3 1,221.1 928.9 1,401.4 685.6 683.1 922.7 884.2 302.3 287.2 987.0 923.9 803.7 504.4 595.8 475.2 587.3 306.6 (123.4) 923.7 747.8 628.1 578.9 465.9 620.8 568.3 712.0 515.7 461.9 650.6 319.1 440.9 268.8 158.9 124.8 79.7 74.2 126.9 54.6 83.9 124.2 215.8 54.6 102.3 53.8 52.8 15.3 22.9 12.0 4.5 2.0
Cost of Revenue 430.7 150.5 102.9 89.3 93.1 82.8 86.4 58.4 65.0 35.2 70.1 74.5 45.5 42.7 47.1 470.4 81.4 21.4 96.6 74.5 77.1 (62.5) 122.0 202.0 96.6 149.1 117.1 83.0 81.4 97.4 93.6 99.3 87.9 78.5 97.3 123.4 56.7 62.0 31.9 14.1 1.7 3.0 1.7 3.0 4.9 1.7 1.8 0.3 0.1 0.1 0.1 0 0 0 0 0 0
Gross Profit 949.6 1,512.7 1,230.7 1,145.1 1,228.6 1,007.3 1,541.9 1,162.7 864.0 1,366.2 615.6 608.6 877.3 841.5 255.2 (183.1) 905.7 902.6 707.1 429.9 518.8 537.7 465.4 104.5 (219.9) 774.6 630.8 545.2 497.4 368.4 527.1 469.0 624.0 437.3 364.7 527.2 262.4 378.9 236.9 144.8 123.1 76.7 72.5 124.0 49.7 82.2 122.4 215.4 54.5 102.2 53.7 52.8 15.3 22.9 12.0 4.5 2.0
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 0 0 0 0 0 0 0 0
SG&A Expenses 336.0 0 237.1 370.3 344.9 370.6 368.9 341.2 298.7 298.6 254.0 253.9 250.9 282.4 376.4 411.2 464.9 517.4 371.6 228.3 227.0 152.0 208.0 160.2 141.8 98.3 94.1 83.3 71.2 22.3 74.6 20.6 20.0 19.4 19.9 16.0 11.8 10.5 8.8 7.2 12.1 12.5 18.8 12.3 8.6 12.1 7.5 5.4 2.0 4.4 2.4 0.6 2.7 3.5 0.7 1.3 0.4
Other Expenses 471.1 866.4 338.3 33.3 393.2 (304.0) 597.9 47.8 (240.9) 709.6 (301.6) (425.1) 249.0 192.5 (522.3) (855.0) (594.5) 24.4 (3.1) (15.2) (207.2) 106.6 (154.9) (113.0) 1,052.4 170.0 54.1 255.5 3.0 178.6 248.6 251.9 (24.3) (48.6) 52.5 76.0 89.9 (25.2) 57.9 (39.3) (71.8) (103.5) (72.4) (59.7) (25.3) (9.5) (52.6) 28.6 (35.6) 9.2 (15.3) (59.7) (1.4) (1.3) (0.8) (3.3) (1.1)
Operating Expenses 807.1 866.4 575.4 403.6 738.1 66.7 966.8 389.1 57.8 1,008.2 (47.6) (171.2) 499.9 474.9 (145.9) (443.7) (129.6) 541.9 368.6 213.2 19.9 258.6 53.1 47.2 1,194.2 268.3 148.2 338.8 74.2 200.9 323.3 272.4 (4.3) (29.3) 72.4 92.1 101.7 (14.7) 66.6 (32.1) (59.7) (91.0) (53.7) (47.3) (16.8) 2.6 (45.1) 34.0 (33.6) 13.6 (12.9) (59.1) 1.3 2.2 (0.1) (2.0) (0.7)
Operating Income
Operating Income 142.5 646.3 655.3 741.4 490.5 940.6 575.0 773.6 806.2 358.0 663.2 779.8 377.4 366.6 401.1 260.6 1,035.3 360.7 338.5 216.7 498.9 279.1 412.3 57.3 (1,414.1) 506.3 482.5 206.4 423.2 167.6 203.8 196.5 628.3 466.6 292.3 435.1 160.7 393.7 170.3 176.9 182.7 167.6 126.2 171.3 66.5 79.6 167.5 181.4 88.1 88.5 66.6 111.9 14.0 20.7 12.1 6.5 2.7
Interest Expense 430.7 440 418.4 435.0 433.7 449.4 529.9 483.4 425.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.7 81.2 80.6 77.6 81.9 34.0 31.9 33.3 36.5 39.0 8.0 3.4 2.7 0.9 0.4 0.3 0 0
Interest Income 461.9 500.8 453.8 478.5 441.3 490.5 550.7 478.7 434.8 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 0 277.5 190.0 200.2 182.3 178.2 84.4 85.1 97.6 92.7 71.5 26.5 21.9 23.0 16.2 14.9 12.3 4.5 2.0
Profitability
EBITDA 223.4 682.3 260 748.7 497.9 948.3 609.9 780.9 813.9 365.2 670.7 786.8 384.3 373.1 406.9 263.2 1,039.4 363.6 340.4 217.6 499.3 279.3 412.4 57.6 (1,414.1) 506.3 482.5 206.4 423.2 167.6 203.8 196.5 628.3 466.6 292.3 435.1 160.7 393.7 170.3 176.9 182.7 0 0 0 66.5 79.6 0 181.4 88.1 88.5 66.6 0 (1.1) 8.8 0 6.5 2.7
EBIT 130.8 646.3 236.9 741.4 490.5 940.6 575.0 773.6 806.2 358.0 663.2 779.8 377.4 366.6 401.1 260.6 1,035.3 360.7 338.5 216.7 498.9 279.1 412.3 57.3 (1,414.1) 506.3 482.5 206.4 423.2 167.6 203.8 196.5 628.3 466.6 292.3 435.1 160.7 393.7 170.3 0 0 163.7 133.4 175.5 0 0 193.2 0 0 0 0 0 14.0 20.7 21.6 0 0
Income Before Tax 154.2 206.3 236.9 306.4 56.8 492.6 45.1 290.2 380.9 (37.3) 273.8 443.2 73.1 87.8 176.3 106.0 892.7 217.3 202.2 144.6 399.6 167.1 204.7 61.5 (1,774.1) 253.2 239.2 (46.6) 201.9 (58.6) 199.0 183.2 607.5 346.9 272.3 420.2 142.8 262.8 152.0 101.1 105.7 83.1 55.8 93.6 38.4 44.4 159.9 203.6 57.2 80.2 63.1 109.2 13.1 20.3 11.8 6.5 2.7
Income Tax Expense 44.8 115.7 8.1 (11.6) (23.9) 200.7 (78.4) 51.6 93.4 29.9 52.6 56.5 (16.8) (18.0) 22.1 72.7 202.8 29.5 31.6 (1.1) 98.3 65.6 100.8 17.4 (166.9) 22.8 (5.4) (21.6) 46.0 (67.5) 3.6 (2.6) (6.9) 46.6 32.6 82.8 5.6 20.7 20.9 7.5 (10.2) (15.9) (5.9) 14.3 (3.4) (6.5) 7.8 21.4 0.3 (0.3) 63.1 109.2 15.1 11.9 0 0 0
Net Income 109.5 85.0 221.5 311.7 63.2 290.2 121.7 235.6 284.0 (65.1) 216.3 379.8 91.2 104.2 146.9 19.1 684.3 182.9 161.7 135.7 291.9 83.0 92.3 5.5 (1,591.1) 219.7 229.9 (31.9) 145.6 0.3 184.6 174.8 604.3 288.3 226.1 321.7 121.4 225.2 98.9 68.7 111.7 103.0 54.5 75.1 36.0 54.2 126.4 123.5 48.8 80.5 63.1 109.2 13.1 20.3 11.8 6.5 2.7
Per Share Data
EPS (Basic) 0.12 0.09 0.36 0.54 0.07 0.51 0.20 0.44 0.54 -0.18 0.40 0.74 0.14 0.17 0.31 0.04 1.47 0.34 0.31 0.27 0.67 0.17 0.19 0.01 -3.83 0.51 0.54 -0.08 0.37 0.00 0.54 0.52 1.83 0.87 0.74 1.05 0.42 0.79 0.41 0.30 0.48 0.45 0.24 0.37 0.25 0.38 0.89 0.91 0.39 0.64 0.50 0.86 0.10 0.16 0.09 0.05 0.02
EPS (Diluted) 0.12 0.09 0.35 0.53 0.07 0.50 0.20 0.43 0.54 -0.18 0.40 0.74 0.14 0.17 0.31 0.04 1.41 0.33 0.30 0.26 0.65 0.16 0.19 0.01 -3.83 0.51 0.54 -0.08 0.37 0.00 0.54 0.51 1.81 0.86 0.73 1.04 0.42 0.78 0.41 0.30 0.48 0.45 0.24 0.37 0.25 0.37 0.88 0.88 0.38 0.62 0.49 0.86 0.10 0.16 0.09 0.05 0.02
Shares Outstanding 556.7 564.7 541.8 530.2 524.1 520.3 491.4 486.7 483.3 483.2 483.2 483.1 478.2 473.7 468.0 466.8 466.8 466.7 466.6 456.3 414.8 415.1 415.7 415.7 415.1 415.5 415.5 399.3 388.3 388.3 340.0 336.3 330.4 330.4 307.4 307.3 286.6 286.6 240.6 230.5 230.5 230.5 230.5 200.9 141.4 141.4 141.2 136.5 126.6 126.6 126.5 126.5 126.5 126.5 126.5 126.5 126.5
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 1,646.2 1,847.6 1,611.0 1,600.9 1,493.8 1,458.7 1,639.5 1,238.7 1,136.4 1,287.2 1,217.3 1,369.0 1,434.7 1,336.5 1,420.0 1,510.8 1,671.2 1,332.6 1,366.7 956.2 1,038.5 944.9 841.0 1,013.2 360.5 528.7 738.2 406.0 340.9 251.1 330.1 193.2 233.2 295.8 279.8 560.0 236.6 290.6 388.7 233.8 258.6
Short-Term Investments 5,041.8 5,230.1 8,538.0 8,844.1 11,023.9 9,711.3 10,110.2 9,300.2 15,289.3 8,533.1 0 0 0 8,289.3 9,437.0 7,988.8 9,509.9 9,396.5 9,973.8 14,956.9 14,606.2 14,244.6 10,830.1 6,144.2 2,479.6 19,477.7 16,853.9 12,125.8 9,747.5 11,636.6 11,650.3 8,084.9 7,585.3 8,071.1 6,714.8 7,423.3 5,938.7 5,073.9 4,991.2 4,554.7 3,441.8
Net Receivables 879.5 1,115.5 3,827.5 3,969.2 4,039.0 4,717.1 3,822.6 3,916.0 3,546.6 3,803.2 4,170.4 4,152.3 0 3,700.4 3,491.5 3,144.1 5,778.9 4,936.0 5,274.8 5,790.5 4,848.7 3,648.5 5,378.5 5,025.6 9,149.3 11,101.3 0 0 0 0 0 0 0 2,566.8 0 0 0 0 0 0 0
Inventory 0 0 0 0 0 0 0 0 0 0 17.8 18.0 0 19.4 19.8 0 17.8 21.6 26.6 41.3 36.0 (290.1) (255.5) (166.6) (132.6) (41.5) (36.7) (23.1) (14.8) (10.9) (27.5) (0.3) (0.9) (2.8) (10.8) (14.5) (4.5) (7.1) (2.5) (2.0) (2.1)
Other Current Assets 722.2 809.3 (14,342.5) (14,788.5) (16,942.6) (16,286.1) (15,979.0) (14,880.9) (20,412.3) (14,062.9) 0 0 0 7,324.7 9,839.9 10,807.3 0 0 0 0 0 10,441.2 0 0 0 15,731.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 8,688.5 9,369.5 0 0 0 0 0 0 0 0 1,217.3 1,369.0 1,434.7 11,042.2 10,686.5 15,656.8 15,047.0 14,480.6 1,366.7 956.2 1,038.5 19,292.0 841.0 1,013.2 2,840.1 30,282.1 21.6 17.7 16.5 17.3 17.4 30.0 35.0 40.9 40.2 35.1 34.9 37.9 35 49.7 31.7
Non-Current Assets
Property, Plant & Equipment 191.1 206.1 183.0 179.4 180.0 169.7 172.0 142.4 135.7 144.2 104.4 110.9 115.4 115.2 123.6 143.3 160.8 173.7 175.2 53.4 56.3 54.4 54.5 53.2 55.8 50.1 18.8 20.1 18.0 0.1 0.2 0 0 0 0 0 0 0 0 0 0
Goodwill 316.6 316.6 133.8 133.8 133.8 133.8 131.9 131.9 131.9 131.9 85.2 85.2 85.2 85.2 85.2 85.2 85.2 85.2 29.5 29.5 29.5 29.5 29.5 29.5 29.5 29.7 42.0 24.6 24.6 24.6 48.9 0 0 0 0 0 0 0 0 0 0
Intangible Assets 11,228.2 10,729.1 10,686.3 10,666.7 10,451.9 10,653.6 9,643.0 10,058.3 9,075.7 8,793.9 8,818.1 8,819.6 9,324.5 9,352.6 9,364.0 9,109.2 8,448.3 7,001.9 6,998.3 4,211.2 4,459.4 5,030.8 4,122.9 4,046.1 4,454.4 4,514.3 3,981.6 3,540.1 3,615.7 3,498.6 3,498.3 2,886.5 2,810.2 3,081.0 3,056.7 3,235.6 3,250.0 2,253.7 1,600.0 1,674.6 1,756.9
Long-Term Investments 22,174.7 21,606.5 15,991.1 15,486.2 17,573.8 16,141.6 15,772.6 14,611.7 15,515.8 13,287.1 10,193.6 9,701 8,987.6 8,289.3 9,437.0 7,988.8 9,509.9 9,396.5 9,973.8 14,956.9 14,606.2 14,244.6 10,830.1 6,144.2 2,479.6 19,477.7 16,853.9 12,125.8 9,747.5 11,718.7 11,650.3 8,084.9 7,585.3 8,090.4 6,714.8 7,423.3 5,938.7 5,073.9 4,991.2 4,554.7 3,441.8
Other Non-Current Assets 10,769.1 10,828.8 (26,994.3) (26,466.2) (28,339.5) (27,098.7) (25,719.5) (24,944.2) (24,859.1) (22,357.0) (18,888.5) (18,389.6) (17,989.2) (17,410.6) (18,394.6) 1,126.9 300.0 (17,086.0) (17,073.6) (19,189.3) (19,088.5) (18,199.5) (14,972.4) (10,207.5) (6,953.3) (24,001.2) (20,834.8) (15,666.8) (13,362.0) (15,241.9) (15,144.2) (10,971.4) (10,395.5) (10,156.3) (9,771.5) (10,658.9) (9,188.7) (5,576.2) (6,591.2) (6,229.2) (5,198.7)
Total Non-Current Assets 44,686.0 43,693.6 0 0 0 0 0 0 0 0 18,888.5 18,389.6 17,989.2 11.8 383.3 18,897.1 18,276.4 17,086.0 17,073.6 19,189.3 19,088.5 (0.0) 14,972.4 10,207.5 176.2 (0.0) 0.2 0.2 0.2 0.2 0.2 10,971.4 10,395.5 1,015.1 9,771.5 10,658.9 9,188.7 1,751.4 6,591.2 6,229.2 5,198.7
Total Assets 53,374.5 53,063.1 47,165.4 44,316.0 45,329.8 46,049.0 42,276.0 42,018.9 42,120.9 39,717.1 34,745.5 33,858.1 31,818.7 32,479.3 35,334.5 34,553.8 37,868.5 39,742.2 41,604.1 37,250.4 35,184.1 33,252.1 30,406.4 23,752.1 24,193.5 44,877.0 41,347.9 36,792.4 33,409.6 31,691.0 30,090.8 22,943.7 22,011.9 22,213.6 21,404.8 23,000.8 20,030.0 18,365.0 17,704.4 17,905.1 17,571.8
Current Liabilities
Account Payables 431.0 417.7 880.8 347.3 352.9 394.0 386.4 388.2 262.0 331.8 393.2 313.9 271.1 243.2 356.5 199.9 254.0 376.8 411.0 190.7 194.9 191.9 218.7 321.4 316.4 1,021.9 2,625.6 541.8 407.9 2,123.9 1,901.0 1,213.9 1,164.8 1,242.9 1,161.7 1,877.5 1,486.9 1,413.3 1,330.0 1,662.3 1,468.8
Short-Term Debt 4,427.6 3,952.8 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 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 (240.6) (289.8) (14,952.1) 0 0 0 (13,619.2) 0 (5,750.5) (6,575.4) (21,904) (15,344.7) (15,797.8) (14,565.1) (9,541.5) (9,804.8) (5,374.2) (5,112.5) (5,402.0) (5,090.4) (5,135.0) (4,101.1) (2,975.7) (3,030.6) (3,060.1) (2,533.4)
Other Current Liabilities 37.3 34.8 1,749.2 (869.6) (806.1) (1,057.9) (935.8) (884.5) (1,943.0) (2,755.3) (677.9) (585.5) (504.2) (1,330.7) (1,282.2) 9,261.4 (793.0) (733.5) (824.2) (382.6) (615.6) (385.2) (394.7) (480.9) (390.3) (1,063.1) (2,910.2) (777.3) (643.5) (2,387.8) (2,087.0) (1,372.6) (1,283.9) (1,385.3) (1,161.7) (2,045.0) (1,596.8) (1,560.9) (1,375.6) (1,662.3) (1,468.8)
Total Current Liabilities 5,474.1 5,231.5 3,227.8 0 0 0 0 0 0 0 546.4 545.9 545.5 545.1 544.6 9,837.0 254.0 376.8 542.8 542.4 542.0 0.2 541.8 105.9 20.9 902.1 2,536.2 265.1 206.6 2,268.7 1,791.2 1,168.9 1,116.9 1,296.3 1,076.1 1,814.3 1,446.3 1,449.4 1,296.3 1,624.1 1,488.8
Non-Current Liabilities
Long-Term Debt 35,176.5 35,449.4 32,361.1 31,208.8 32,255.6 32,633.0 29,606.7 29,908.9 29,521.8 26,804.1 24,116.6 23,618.4 22,035.0 0 0 9,866.2 0 0 31,550.9 29,137.3 27,172.3 25,733.4 22,942.3 7,412.8 7,212.3 7,720.1 7,574.4 7,297.8 6,952.1 7,223.9 7,254.9 6,707.8 7,031.0 7,084.4 7,237.0 7,787.8 7,557.6 7,990.6 7,833.2 8,295.3 8,870.9
Deferred Tax Liabilities 885.8 849.4 736.9 732.2 744.8 786.1 587.8 951.0 898.0 801.9 798.2 751.5 695.0 711.9 738.2 716.1 642.0 440.7 407.6 100.1 93.1 7.9 0 0 0 0 0 0 0 0 3.9 8.4 10.2 19.2 0 0 0 0 0 0 0
Other Non-Current Liabilities 2,149.9 2,095.0 (33,266.9) (32,114.7) (33,182.8) (33,596.9) (30,386.9) (31,065.3) (30,610.4) (27,802.7) (25,008.9) (24,462.5) (22,817.7) (101.2) (848.3) 6,974.0 (741.9) (142.6) (32,098.9) (29,256.3) (27,284.5) (25,772.5) (22,974.2) (7,448.0) (7,250.9) (7,758.7) (7,598.9) (7,323.9) (6,970.1) (7,223.9) (7,258.9) (6,716.2) (7,041.2) (7,103.6) (7,237.0) (7,787.8) (7,557.6) (7,990.6) (7,833.2) (8,295.3) (8,870.9)
Total Non-Current Liabilities 38,395.1 38,576.9 0 0 0 0 0 0 0 0 24,116.6 23,618.4 545.5 1,276.3 2,909.0 17,653.9 254.0 376.8 31,958.5 29,237.4 27,265.5 25,741.2 22,942.3 7,412.8 7,014.6 7,720.1 7,405.9 7,297.8 6,952.1 7,102.3 7,258.9 6,716.2 7,041.2 7,103.6 7,237.0 7,787.8 7,557.6 7,990.6 7,833.2 8,295.3 8,870.9
Total Liabilities 43,869.2 43,808.4 38,255.9 35,995.8 37,188.6 38,162.6 34,524.6 34,598.3 34,877.6 32,616.0 27,477.6 26,663.4 24,864.1 25,469.3 28,272.9 27,490.8 30,683.8 33,072.8 34,977.0 31,084.2 29,562.3 27,822.4 24,977.7 18,363.2 18,863.0 37,640.8 34,085.8 29,991.5 26,497.4 25,602.7 24,253.7 17,144.8 16,250.3 17,417.4 16,725.6 18,381.8 15,728.2 14,896.9 14,286.9 14,791.9 14,492.8
Stockholders' Equity
Common Stock 5.6 5.6 5.5 5.3 5.3 5.2 5.2 4.9 4.8 4.8 4.8 4.8 4.8 4.7 4.7 4.7 4.7 4.7 4.7 4.7 4.1 4.1 4.2 4.2 4.2 4.2 4.2 4.2 4.2 3.7 3.4 3.4 3.4 3.1 3.1 3.1 3.1 2.5 2.5 2.3 2.3
Retained Earnings (100.0) (19.9) 70.8 18.4 (129.9) (47.0) (177.7) (143.2) (232.1) (373.1) (164.0) (236.2) (470.6) (418.7) (381.8) (387.9) (267.9) (813.0) (856.8) (886.3) (914.3) (1,108.9) (1,094.6) (1,110.1) (1,059.7) 549.7 545.7 528.9 768.6 830.7 1,014.9 1,000.5 995.7 559.5 424.9 352.4 184.4 210.5 100.7 117.1 154.5
Accumulated Other Comprehensive Income 73.3 71.1 69.8 64.8 58.3 50.9 58.0 44.8 44.5 43.7 39.0 40.0 40.6 37.7 48.3 57.6 67.2 90.3 88.0 81.5 72.4 65.7 52.1 30.7 6.1 682.2 706.9 686.7 551.7 417.0 469.0 458.8 419.3 364.5 383.3 313.3 159.1 126.4 105.4 50.8 (12.9)
Total Stockholders' Equity 8,610.1 8,430.5 8,498.5 7,948.4 7,776.1 7,795.0 7,656.5 7,326.6 7,149.6 7,006.9 7,208.1 7,134.4 6,894.2 6,943.0 6,990.6 6,993.8 7,122.6 6,604.0 6,556.1 6,072.1 5,522.8 5,321.0 5,329.2 5,292.3 5,263.9 7,157.7 7,178.5 6,718.0 6,822.3 5,997.7 5,743.3 5,708.8 5,663.9 4,690.2 4,571.6 4,424.8 4,102.1 3,260.1 3,128.3 2,811.4 2,784.8
Total Liabilities & Equity 53,374.5 53,063.1 47,165.4 44,316.0 45,329.8 46,049.0 42,276.0 42,018.9 42,120.9 39,717.1 34,745.5 33,858.1 31,818.7 32,479.3 35,334.5 34,553.8 37,868.5 39,742.2 41,604.1 37,250.4 35,184.1 33,252.1 30,406.4 23,752.1 24,193.5 44,877.0 41,347.9 36,792.4 33,409.6 31,691.0 30,090.8 22,943.7 22,011.9 22,213.6 21,404.8 23,000.8 20,030.0 18,365.0 17,704.4 17,905.1 17,571.8
Debt Metrics
Total Debt 39,773.7 39,576.0 32,520.3 31,368.2 32,422.7 32,793.4 29,777.4 30,084.0 29,673.3 26,963.3 24,116.6 23,618.4 22,035.0 21,901.7 23,853.5 23,833.4 27,105.2 29,781.0 31,550.9 29,137.3 27,172.3 25,733.4 22,942.3 7,412.8 7,014.6 7,720.1 7,405.9 7,297.8 6,952.1 7,102.3 7,254.9 6,707.8 7,031.0 7,084.4 7,237.0 7,787.8 7,557.6 7,990.6 7,833.2 8,295.3 8,870.9
Net Debt 38,127.6 37,728.3 30,909.4 29,767.3 30,928.9 31,334.7 28,137.8 28,845.3 28,536.9 25,676.1 22,899.3 22,249.3 20,600.3 20,565.2 22,433.5 22,322.6 25,434.0 28,448.4 30,184.2 28,181.0 26,133.8 24,788.5 22,101.3 6,399.6 6,654.1 7,191.4 6,667.7 6,891.7 6,611.2 6,851.2 6,924.8 6,514.5 6,797.8 6,788.6 6,957.2 7,227.8 7,321.0 7,700.0 7,444.5 8,061.5 8,612.2
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
Operating Activities
Net Income 102.7 90.6 228.8 318.0 80.7 291.9 123.6 238.5 287.5 (67.2) 221.2 386.7 89.9 105.8 154.2 33.3 689.9 187.8 170.7 145.7 301.3 101.5 103.9 44.1 (1,607.3) 230.4 244.7 (25.0) 155.9 8.9 195.5 185.8 614.4 300.4 239.7 337.4 137.2 242.1 131.1 93.6 115.9
Depreciation & Amortization 92.6 0 0 0 0 0 0 0 0 7.2 0 0 0 0 0 0 4.1 2.9 1.8 1.0 0.4 (435.4) 0.2 0.3 0 0 217.1 (2.9) (60.8) 42.2 119.9 (100.6) (70.9) (174.1) (126.6) (237.0) (35.5) 0 0 0 0
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.3 (1.1) 324.5 0.6 0.5 (1.2) 0 0.7 0.5 0 1.1 0.7 0.4 0.0 0 0.6 0.4 (0.7) 0.0 0.5 0.2 0 0 0 0
Change in Working Capital (303.8) (704.8) 47.3 395.8 111.1 (443.9) (174.7) 264.1 (20.3) (878.1) 76.7 175.1 302.4 (316.2) 96.6 269.7 207.4 861.6 (356.2) 348.2 (16.2) (115.4) 43.1 (20.4) 308.1 (7.3) 209.9 (150.5) 12.4 (32.4) 74.5 217.9 126.5 (32.3) 40.1 38.5 (41.4) 39.1 157.3 41.9 15.9
Other Non-Cash Items 364.8 388.0 (2,321.7) (1,257.1) 1,270.7 (1,798.5) 907.2 (442.6) (1,672.4) 372.1 164.4 (635.2) 872.9 378.6 1,104.0 1,088.1 2,787.1 2,487.6 151.7 (1,013.8) (866.6) 363.1 (1,126.9) 1,404.8 2,777.0 435.9 18.9 (2,283.4) (454.7) (1,104.6) (540.6) (618.9) (147.7) (429.7) (456.0) (186.2) (442.8) (266.2) (124.4) 31.5 48.2
Operating Cash Flow 256.3 (114.6) (2,041.7) (557.1) 1,421.3 (1,753.4) 768.1 114.6 (1,314.5) (565.9) 509.0 (16.9) 1,248.4 142.2 1,376.6 1,465.1 3,890.2 3,570.4 320.1 (511.2) (495.3) (29.9) (880.4) 1,454.9 1,311.4 693.8 466.8 (2,482.8) (300.4) (1,153.4) (272.5) (316.9) 513.7 (281.9) (274.3) 35.4 (378.8) 36.8 181.1 173.5 169.4
Investing Activities
Capital Expenditure (2.4) 0 0 0 0 (5.6) (0.3) (124.6) (0.7) 324.8 0 0 0 0 (0.7) 0 (0.7) (7.4) (4.2) (4.3) (7.1) (9.2) (38.8) (74.0) (417.9) (85.0) (589.5) (503.2) (272.7) (223.4) (342.2) (257.7) (371.2) (75.5) (408.4) (174.0) (1,003.6) (526.8) 0 0 (2.0)
Acquisitions 0 (1,059.9) 0 0 0 0 0 0 0 (324.8) 0 0 0 0 0 0 0 (362.0) 4.2 4.3 0 9.2 0 0 0 (1,223.2) 589.5 503.2 272.7 (4.9) 342.2 257.7 371.2 75.5 408.4 174.0 1,003.6 (5.6) (0.0) 0 (49.9)
Purchases of Investments (440.8) (888.4) (638.5) (328.5) (1,602.1) (202.5) (7,411.5) (1,830.5) (4,947.9) (232.2) (1,395.3) (1,201.8) (3,115.7) (6,276.1) (8,789.5) (288.4) (1,275.9) (343.1) (382.5) (2,317.0) (4,543.1) (4,960.6) (7,005.2) (7,076.5) (5,710.9) (10,849.1) (10,848.7) (8,837.4) (7,753.9) (4,508.3) (6,626.5) (2,049.4) (2,463.6) (6,173.1) (5,070.6) (6,792.1) (6,035.7) (6,164.8) (6,212.9) (6,493.7) (5,878.3)
Sales/Maturities of Investments 799.0 4,919.5 1,796.6 2,065.1 741.0 753.0 5,542.4 3,730.7 2,186.6 3,875.9 480.8 452.7 2,478.4 7,294.5 7,458.8 1,537.1 722.2 872.2 6,410.9 956.9 3,728.8 2,550.7 1,521.6 6,679.7 22,639.7 6,274.5 9,534.5 8,479.1 5,110.0 4,493.4 1,959.4 1,950.7 2,926.1 5,887.9 6,503.7 5,628.7 5,912.3 6,478.9 6,116.7 6,194.2 6,102.0
Other Investing Activities (1,184.7) (1,522.0) (532.5) 164.6 (443.4) (882.5) 1,193.2 863.3 (1,288.2) (1,937.2) 275.5 499.3 35.2 34.4 11.2 (47.0) (182.0) (660.6) (847.2) (215.6) 22.9 87.7 126.8 173.2 150.0 185.4 (459.7) (365.8) (109.1) 96.5 (301.7) (173.2) (246.2) 77.2 (226.8) (598.6) (890.5) (40.7) 78.4 171.7 50.1
Investing Cash Flow (826.4) 1,449.1 625.6 1,901.2 (1,304.5) (337.6) (676.2) 2,638.9 (4,050.2) 1,706.5 (639.0) (249.8) (602.2) 1,052.8 (1,320.2) 1,201.7 (736.3) (500.8) 5,181.2 (1,575.6) (798.5) (2,322.3) (5,395.5) (297.6) 16,660.8 (5,697.6) (1,773.9) (724.1) (2,752.9) (146.6) (4,968.8) (271.9) 216.2 (208.0) 1,206.2 (1,762.0) (1,013.9) (258.9) (17.8) (127.8) 221.9
Financing Activities
Net Debt Issuance 175.6 2,228.6 1,952.4 950.5 (1,371.5) 2,180.8 (771.8) 945.8 1,287.2 915.3 (590.4) (526.8) (836.5) (664.1) (102.9) (3,229.3) (2,689.3) (3,023.8) 152.2 724.1 547.4 200.0 (508.9) 450.8 (688.8) 106.0 109.2 337.9 2,731.7 1,010.1 405.5 799.2 (1,078.6) 665.2 (970.4) 227.6 652.6 93.0 (178.3) 98.3 (181.5)
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 (1.4) 0 0 (3.8) 0 0 0 0 (7.5) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (172.5) (166.4) (160.6) (159.2) (157.0) (155.9) (145.5) (143.3) (143.3) (143.3) (143.3) (143.3) (141.0) (140.9) (139.2) (139.1) (139.2) (136.2) (107.7) (97.3) (97.3) (76.7) (55.9) (35.2) (215.7) (217.1) (207.8) (207.7) (184.6) (170.2) (169.9) (168.1) (153.7) (153.7) (153.7) (147.5) (115.4) (115.4) (106.0) (106.0) (106.0)
Other Financing Activities (1.5) (2,852.6) (755.6) (2,075.1) 1,527.0 (20.0) 927.0 (3,621.5) 4,081.7 (1,825.4) 759.2 818.8 517.5 (959.2) 190.1 680.2 116.3 55.9 (5,636.4) 976.1 937.8 2,295.3 6,710.2 (928.7) (17,642.0) 4,904.4 1,741.8 3,132.8 (152.0) (101.6) 5,127.4 (583.3) (13.0) (7.5) (93.4) 1,969.0 (38.7) 214.7 (3.8) (62.7) (95.0)
Financing Cash Flow 243.7 (790.9) 1,510.9 (1,283.8) 56.0 2,005.4 349.8 (2,749.8) 5,225.6 (1,053.4) 25.5 148.7 (460.0) (1,526.9) (51.9) (2,688.2) (2,716.1) (3,102.6) (5,142.4) 2,114.9 1,387.9 2,411.1 6,145.4 (513.0) (18,155.3) 4,793.3 1,643.2 3,263.1 3,147.3 1,229.2 5,372.5 530.5 (763.0) 504.1 (1,217.4) 2,049.0 1,334.0 192.4 (8.5) (70.5) (382.6)
Cash Position
Net Change in Cash (326.4) 543.6 94.9 60.3 172.8 (85.6) 441.7 3.7 (139.1) 87.1 (104.5) (118.0) 186.3 (331.9) 4.8 (21.4) 437.8 (33.0) 366.7 20.2 94.0 58.9 (130.6) 644.3 (183.0) (210.4) 336.2 56.1 94.0 (70.8) 131.2 (58.2) (33.1) 14.2 (285.6) 322.4 (58.8) 65.0 154.8 (24.8) 8.7
Cash at Beginning 2,789.4 2,245.8 2,150.9 2,090.6 1,917.8 2,003.4 1,561.7 1,558.0 1,697.1 1,585.7 1,697.7 1,815.6 1,629.3 1,949.6 1,944.8 1,966.2 1,528.4 1,561.4 1,194.7 1,174.5 1,080.5 1,021.6 1,152.1 507.9 690.9 901.4 565.2 509.0 415.1 485.9 354.7 412.9 446.1 431.8 717.4 394.9 453.7 388.7 233.8 258.6 249.9
Cash at End 2,463.0 2,789.4 2,245.8 2,150.9 2,090.6 1,917.8 2,003.4 1,561.7 1,558.0 1,672.8 1,593.1 1,697.7 1,815.6 1,617.6 1,949.6 1,944.8 1,966.2 1,528.4 1,561.4 1,194.7 1,174.5 1,080.5 1,021.6 1,152.1 507.9 690.9 901.4 565.2 509.0 415.1 485.9 354.7 412.9 446.1 431.8 717.4 394.9 453.7 388.7 233.8 258.6
Free Cash Flow 253.9 (114.6) (2,041.7) (557.1) 1,421.3 (1,758.9) 767.8 (10.0) (1,315.2) (241.2) 509.0 (16.9) 1,248.4 142.9 1,376.0 1,465.2 3,889.5 3,563.0 315.9 (515.5) (502.5) (39.2) (919.2) 1,380.9 893.6 608.8 (122.6) (2,986.0) (573.1) (1,376.7) (614.8) (574.6) 142.5 (357.4) (682.8) (138.6) (1,382.5) (490.0) 181.1 173.5 167.3
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
Income Statement
Revenue 1,380.2 1,663.2 1,333.7 1,234.4 1,321.7 1,090.0 1,628.3 1,221.1 928.9 1,401.4 685.6 683.1 922.7 884.2 302.3 287.2 987.0 923.9 803.7 504.4 595.8 475.2 587.3 306.6 (123.4) 923.7 747.8 628.1 578.9 465.9 620.8 568.3 712.0 515.7 461.9 650.6 319.1 440.9 268.8 158.9 124.8 79.7 74.2 126.9 54.6 83.9 124.2 215.8 54.6 102.3 53.8 52.8 15.3 22.9 12.0 4.5 2.0
Gross Profit 949.6 1,512.7 1,230.7 1,145.1 1,228.6 1,007.3 1,541.9 1,162.7 864.0 1,366.2 615.6 608.6 877.3 841.5 255.2 (183.1) 905.7 902.6 707.1 429.9 518.8 537.7 465.4 104.5 (219.9) 774.6 630.8 545.2 497.4 368.4 527.1 469.0 624.0 437.3 364.7 527.2 262.4 378.9 236.9 144.8 123.1 76.7 72.5 124.0 49.7 82.2 122.4 215.4 54.5 102.2 53.7 52.8 15.3 22.9 12.0 4.5 2.0
Operating Income 142.5 646.3 655.3 741.4 490.5 940.6 575.0 773.6 806.2 358.0 663.2 779.8 377.4 366.6 401.1 260.6 1,035.3 360.7 338.5 216.7 498.9 279.1 412.3 57.3 (1,414.1) 506.3 482.5 206.4 423.2 167.6 203.8 196.5 628.3 466.6 292.3 435.1 160.7 393.7 170.3 176.9 182.7 167.6 126.2 171.3 66.5 79.6 167.5 181.4 88.1 88.5 66.6 111.9 14.0 20.7 12.1 6.5 2.7
Net Income 109.5 85.0 221.5 311.7 63.2 290.2 121.7 235.6 284.0 (65.1) 216.3 379.8 91.2 104.2 146.9 19.1 684.3 182.9 161.7 135.7 291.9 83.0 92.3 5.5 (1,591.1) 219.7 229.9 (31.9) 145.6 0.3 184.6 174.8 604.3 288.3 226.1 321.7 121.4 225.2 98.9 68.7 111.7 103.0 54.5 75.1 36.0 54.2 126.4 123.5 48.8 80.5 63.1 109.2 13.1 20.3 11.8 6.5 2.7
EPS (Diluted) 0.12 0.09 0.35 0.53 0.07 0.50 0.20 0.43 0.54 -0.18 0.40 0.74 0.14 0.17 0.31 0.04 1.41 0.33 0.30 0.26 0.65 0.16 0.19 0.01 -3.83 0.51 0.54 -0.08 0.37 0.00 0.54 0.51 1.81 0.86 0.73 1.04 0.42 0.78 0.41 0.30 0.48 0.45 0.24 0.37 0.25 0.37 0.88 0.88 0.38 0.62 0.49 0.86 0.10 0.16 0.09 0.05 0.02
Balance Sheet
Cash & Equivalents 1,646.2 1,847.6 1,611.0 1,600.9 1,493.8 1,458.7 1,639.5 1,238.7 1,136.4 1,287.2 1,217.3 1,369.0 1,434.7 1,336.5 1,420.0 1,510.8 1,671.2 1,332.6 1,366.7 956.2 1,038.5 944.9 841.0 1,013.2 360.5 528.7 738.2 406.0 340.9 251.1 330.1 193.2 233.2 295.8 279.8 560.0 236.6 290.6 388.7 233.8 258.6
Total Assets 53,374.5 53,063.1 47,165.4 44,316.0 45,329.8 46,049.0 42,276.0 42,018.9 42,120.9 39,717.1 34,745.5 33,858.1 31,818.7 32,479.3 35,334.5 34,553.8 37,868.5 39,742.2 41,604.1 37,250.4 35,184.1 33,252.1 30,406.4 23,752.1 24,193.5 44,877.0 41,347.9 36,792.4 33,409.6 31,691.0 30,090.8 22,943.7 22,011.9 22,213.6 21,404.8 23,000.8 20,030.0 18,365.0 17,704.4 17,905.1 17,571.8
Total Debt 39,773.7 39,576.0 32,520.3 31,368.2 32,422.7 32,793.4 29,777.4 30,084.0 29,673.3 26,963.3 24,116.6 23,618.4 22,035.0 21,901.7 23,853.5 23,833.4 27,105.2 29,781.0 31,550.9 29,137.3 27,172.3 25,733.4 22,942.3 7,412.8 7,014.6 7,720.1 7,405.9 7,297.8 6,952.1 7,102.3 7,254.9 6,707.8 7,031.0 7,084.4 7,237.0 7,787.8 7,557.6 7,990.6 7,833.2 8,295.3 8,870.9
Stockholders' Equity 8,610.1 8,430.5 8,498.5 7,948.4 7,776.1 7,795.0 7,656.5 7,326.6 7,149.6 7,006.9 7,208.1 7,134.4 6,894.2 6,943.0 6,990.6 6,993.8 7,122.6 6,604.0 6,556.1 6,072.1 5,522.8 5,321.0 5,329.2 5,292.3 5,263.9 7,157.7 7,178.5 6,718.0 6,822.3 5,997.7 5,743.3 5,708.8 5,663.9 4,690.2 4,571.6 4,424.8 4,102.1 3,260.1 3,128.3 2,811.4 2,784.8
Cash Flow
Operating Cash Flow 256.3 (114.6) (2,041.7) (557.1) 1,421.3 (1,753.4) 768.1 114.6 (1,314.5) (565.9) 509.0 (16.9) 1,248.4 142.2 1,376.6 1,465.1 3,890.2 3,570.4 320.1 (511.2) (495.3) (29.9) (880.4) 1,454.9 1,311.4 693.8 466.8 (2,482.8) (300.4) (1,153.4) (272.5) (316.9) 513.7 (281.9) (274.3) 35.4 (378.8) 36.8 181.1 173.5 169.4
Capital Expenditure (2.4) 0 0 0 0 (5.6) (0.3) (124.6) (0.7) 324.8 0 0 0 0 (0.7) 0 (0.7) (7.4) (4.2) (4.3) (7.1) (9.2) (38.8) (74.0) (417.9) (85.0) (589.5) (503.2) (272.7) (223.4) (342.2) (257.7) (371.2) (75.5) (408.4) (174.0) (1,003.6) (526.8) 0 0 (2.0)
Free Cash Flow 253.9 (114.6) (2,041.7) (557.1) 1,421.3 (1,758.9) 767.8 (10.0) (1,315.2) (241.2) 509.0 (16.9) 1,248.4 142.9 1,376.0 1,465.2 3,889.5 3,563.0 315.9 (515.5) (502.5) (39.2) (919.2) 1,380.9 893.6 608.8 (122.6) (2,986.0) (573.1) (1,376.7) (614.8) (574.6) 142.5 (357.4) (682.8) (138.6) (1,382.5) (490.0) 181.1 173.5 167.3