Ralph Lauren Corporation logo RL - Ralph Lauren Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 31
HOLD 13
SELL 3
STRONG
SELL
0
| PRICE TARGET: $435.78 DETAILS
HIGH: $511.00
LOW: $405.00
MEDIAN: $435.00
CONSENSUS: $435.78
UPSIDE: 15.35%
Metric 2026 Q4 2026 Q3 2026 Q2 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 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 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Revenue
Revenue 1,978.7 2,406 2,010.7 1,719.1 1,697.3 2,143.5 1,726 1,512.2 1,567.9 1,934 1,633 1,496.5 1,540.8 1,832.3 1,579.9 1,490.6 1,522.7 1,815.4 1,504.1 1,376.3 1,287 1,432.8 1,193.5 487.5 1,274.1 1,750.7 1,706.2 1,428.8 1,505.7 1,725.8 1,690.9 1,390.6 1,529.2 1,641.8 1,664.2 1,347.1 1,565.8 1,714 1,821 1,552 1,871 1,885 2,033 1,994 1,708 1,867 2,015 1,915 1,653 1,643.3 1,846.1 1,862 1,593.4 1,622.9 1,805.6 1,904.6 1,526.4 1,426.9 1,548 1,532.1 1,153.3 1,337.1 1,243.9 1,374.2 1,023.7 1,224.4 1,252 1,428.9 1,113.6 1,240.9 1,269.8 1,299.1 1,070.3 1,031.3 1,143.7 1,166.8 953.6 971.5 995.5 1,027.4 751.9 941.0 888.0 883.7 592.8 818.8 645.4 707.8 477.7 692.3 640.8 633.1 595.7 542.4 584.7 486.2 465.8 508.8 541.8 432.3
Cost of Revenue 599.9 724.3 644.3 476.8 532 677.4 570.3 446.4 524.2 648 562.9 464.5 590.2 641.6 556.8 489.2 556.6 617.3 488.9 408.2 504.1 502.4 394.1 138.8 679.7 661.6 657.2 508 604.2 666.3 661.6 494.9 620.7 645.6 668.4 495.9 746.7 731.4 866.4 657.6 857 841 874 862 665 817 843 831 649 669 752 767 601 696.5 774 826 564.9 616.6 640.1 644.2 441.1 547.7 520.2 589.4 422.5 590 582.3 640.7 475.2 566.6 593.3 603.9 478.3 473.2 529.7 534.2 422.1 446.5 464 475.9 337.5 439.3 455.5 449.6 290.5 427.8 312.4 357.2 229.0 346.5 319.6 321.3 310.1 257.2 336.1 234.8 226.5 249.9 253.6 206
Gross Profit 1,378.8 1,681.7 1,366.4 1,242.3 1,165.3 1,466.1 1,155.7 1,065.8 1,043.7 1,286 1,070.1 1,032 950.6 1,190.7 1,023.1 1,001.4 966.1 1,198.1 1,015.2 968.1 782.9 930.4 799.4 348.7 594.4 1,089.1 1,049 920.8 901.5 1,059.5 1,029.3 895.7 908.5 996.2 995.8 851.2 819.1 983.2 954.2 894.6 1,014 1,044 1,159 1,132 1,043 1,050 1,172 1,084 1,004 974.3 1,094 1,095 992 926.4 1,031.6 1,078.6 961.5 810.3 907.9 887.9 712.2 789.4 723.7 784.8 601.2 634.4 669.7 788.2 638.4 674.3 676.5 695.2 592 558.1 614 632.6 531.5 525.0 531.5 551.5 414.4 501.7 446.1 446.0 315.5 391.0 333.0 350.6 248.8 345.8 321.3 311.8 285.6 285.3 250.1 252.5 239.3 258.9 288.2 226.3
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1,160.5 1,178.6 1,083.4 949.4 990.5 1,064.2 958.4 849.9 911.4 972.3 900.8 830 884.4 907.8 815.2 825.5 924.6 910.2 760 729 758.3 748.5 631.1 512 854.8 846.3 796.7 769.3 845.9 826.9 797.1 749.6 846.6 779.8 772.7 714.4 759.4 771.9 803.3 814.7 895 838 837 836 788 815 815 777 735 770.9 768 741 693 768.3 750.7 671.8 672.3 682.5 655.3 574.3 532 612 540.4 525.7 478.9 519.4 496.5 532.3 486.5 513.6 492.2 488.2 438.5 434.2 426.8 412.1 390.3 394.0 381.7 368 333.2 460.6 329.0 321.6 295.0 262.5 256.6 267.6 243.2 222.8 236.6 216.7 199.5 189.1 218.6 206.4 168.1 181.7 172.3 167.1
Other Expenses 61.5 0 37.3 19.3 19.8 12.2 18.4 7.4 24.5 (4) 4.8 35.6 26 0.8 1.2 0.7 4.7 (1.2) 3.3 18.5 50.3 11.5 188.6 4.7 23.4 18.4 19.2 8.2 27.7 38.8 22.2 16 36.5 27.2 29.8 46.5 327.5 83 74.6 111.1 52 16 7 10 11 10 23 12 (7) 21.4 21 6 7 21.7 10.8 56 7.1 10.6 6.3 6.2 6 5.6 10.8 13.2 5.6 75.6 6.6 13 5.3 16.5 13.6 14.4 7.7 3.8 3 5.6 7.8 15.2 6.2 6.5 1 924.3 0.8 2.2 0.7 3.6 15.9 0 0 6.4 0 16 0 142.1 128.6 0 13.2 20.8 20.9 11.4
Operating Expenses 1,222 1,178.6 1,120.7 968.7 1,010.3 1,076.4 976.8 857.3 935.9 968.3 905.6 865.6 910.4 908.6 816.4 826.2 929.3 909 763.3 747.5 808.6 760 819.7 516.7 878.2 864.7 815.9 777.5 873.6 865.7 819.3 765.6 883.1 807 802.5 760.9 1,086.9 854.9 877.9 925.8 947 854 844 846 799 825 838 789 728 792.3 789 747 700 790 761.5 727.8 679.4 693.1 661.6 580.5 538 617.6 551.2 538.9 484.5 595 503.1 545.3 491.8 530.1 505.8 502.6 446.2 438 429.8 417.7 398.1 409.2 387.9 374.5 334.2 1,384.9 329.9 323.8 295.8 266.1 272.5 267.6 243.2 229.3 236.6 232.7 199.5 331.2 347.2 206.4 181.3 202.5 193.2 178.5
Operating Income
Operating Income 156.8 503.1 245.7 273.6 155 389.7 178.9 208.5 107.8 317.7 164.5 166.4 40.2 282.1 206.7 175.2 36.8 289.1 251.9 220.6 (25.7) 170.4 (20.3) (168) (283.8) 224.4 233.1 143.3 27.9 193.8 210 130.1 25.4 189.2 193.3 90.3 (267.8) 128.3 76.3 (31.2) 67 190 315 286 244 225 334 295 276 182 305 348 292 136.4 270.1 350.8 282.1 117.2 246.3 307.4 174.2 171.8 172.5 245.9 116.7 39.4 166.6 242.9 146.6 144.2 170.7 192.6 145.8 120.1 184.2 214.9 133.4 115.8 143.6 177 80.2 (883.2) 116.2 122.3 19.8 124.9 60.5 83.0 5.5 116.6 84.6 79.0 86.1 (45.9) (97.1) 46.1 58.0 56.4 95 47.8
Interest Expense 13.5 13.3 15.9 11.5 10.2 11.6 11.4 10.9 11.6 10.6 10 10 7.1 12 9.5 11.8 13.7 13.4 13.6 13.3 13.9 12.2 12.8 9.6 4.8 4.2 4.4 4.2 5.1 5.2 6 4.4 3.8 4.8 4.6 5 1.4 3.6 4.1 3.4 7 5 3 5 4 4 4 7 5 5.6 5 6 5 5.7 6.3 6.4 6.1 5.1 4.3 4.4 4.5 5.4 4.6 5.6 6.6 0 7.4 6.1 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 12.4 11.9 14.6 14.8 18.2 17.8 17.9 20.1 20.8 20.7 15.8 15.7 13.4 8.6 6.6 3.6 1.1 1.4 1.2 1.8 2.2 2.4 2.2 2.9 5.9 7.3 9.6 11.6 11.3 9.9 10.4 9.2 5.2 3.3 2.3 2 0.4 2.5 2.3 1 1 2 0 3 1 0 0 2 2 1.6 1.5 1.3 1.3 1.7 2.7 2.4 4.2 2.5 1.8 1.6 1.8 2 1.2 6.4 2.8 0 5.4 5.9 7.2 0 0 5.5 8.2 10.7 6.9 4.7 3.8 10.0 3.8 2.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA (5.2) 536.8 301.1 345 227.5 449.6 255.4 281.9 179.1 396.6 234 238.9 113.5 347.6 262.9 228.8 103.4 346.8 307.6 280.5 40.7 234.7 45.2 (99.3) (213.9) 302.8 307.6 217 109.7 276.7 290.5 207.6 104.5 263.8 269.6 164.7 (192) 204.6 153.4 48.6 152 253 382 355 308 288 395 361 330 232.5 361 405 345 193.7 325.2 409.9 336 167.9 293.1 356.8 220 220.5 214.2 293 165 102.9 210.4 297.7 199.3 197.9 223.7 244.1 188.9 161.2 217 250.3 173.4 157.2 179.8 206.6 108.9 71.4 143.4 146.9 43.6 152.6 95.0 102.0 27.0 138.6 108.3 115.7 109.9 174.8 (76.2) 66.5 71.1 77.2 115.9 59.2
EBIT 167 477.1 244.1 289.5 172.5 395.3 199.5 227.5 123.1 340.4 175.5 180.6 56.3 292.4 209.6 174 43 290.6 251.7 223.3 (21.4) 174.4 (16.3) (163) (282.4) 234.6 241 150.8 40.4 204.7 220.8 137.3 28.7 191.1 195.8 91.8 (267.5) 126.7 77.8 (29.8) 69 178 304 283 239 223 328 295 270 174.2 300 348 289 136.7 268.4 353.9 280.6 116.6 242.7 310.4 174 172.8 170.1 247.9 120.7 56.5 165.5 250.7 153.2 144.2 170.7 192.6 145.8 120.7 184.2 216.7 135.6 124.8 143.6 177 80.2 41.1 116.4 123.2 20.5 128.5 76.4 83.0 5.5 123.0 84.6 95.0 86.1 156.3 (97.1) 46.1 58.0 56.4 95 47.8
Income Before Tax 193.1 463.8 242.8 278 162.3 383.7 188.1 216.6 111.5 329.8 165.5 170.6 49.2 280.4 200.1 162.2 29.3 277.2 238.1 210 (35.3) 162.2 (29.1) (172.6) (287.2) 230.4 236.6 146.6 35.3 199.5 214.8 132.9 24.9 186.3 191.2 86.8 (268.9) 124 73 (33) 62 173 301 278 235 219 324 288 265 168.6 294.6 342.2 283.9 131 262.1 347.5 274.5 111.5 238.4 306 169.5 167.4 165.5 242.3 114.1 38.6 158.1 244.6 146.2 143.2 163.5 190.3 145.1 120.4 180.8 213.6 128.5 107.6 143.5 171.1 80.7 39.4 115.0 124.7 18.8 115.7 55.2 84.1 6.8 115.3 81.5 76.8 75.7 78.5 (103.8) 39.6 53.6 54.5 93.4 47.4
Income Tax Expense 41.5 102.2 35.3 57.6 33.3 86.3 40.2 48 20.8 53.2 18.6 38.5 16.9 63.9 49.6 38.8 4.9 59.5 44.8 45.3 38.8 42.4 10 (44.9) (38.2) (103.7) 54.5 29.5 3.7 79.5 44.5 23.9 (16.4) 268.1 47.4 27.3 (64.6) 41.8 28 (10.9) 21 49 86 77 73 66 87 83 84 41.4 79 128 91 36.6 93.1 114 90.4 38.3 70 100.8 48.7 53.3 54.4 64.8 37.3 (5.9) 52.8 83.6 51 39.7 50.8 75 56.8 47.2 70.3 76.6 48.3 47.9 52.4 64.3 30.3 16.0 40.3 43.4 6.3 43.3 19.9 30.1 1.8 42.1 29.7 28.8 27.9 31.0 (41.0) 15.7 21.8 22.2 38.1 19.3
Net Income 151.6 361.6 207.5 220.4 129 297.4 147.9 168.6 90.7 276.6 146.9 132.1 32.3 216.5 150.5 123.4 24.4 217.7 193.3 164.7 (74.1) 119.8 (39.1) (127.7) (249) 334.1 182.1 117.1 31.6 120 170.3 109 41.3 (81.8) 143.8 59.5 (204.3) 82 45 (22) 41 124 215 201 162 153 237 205 181 127.2 215.7 213.7 193.4 94.4 169 233.5 184.1 73.2 168.4 205.2 120.8 114.1 111.1 177.5 76.8 44.5 105.3 161 95.2 103.5 112.7 115.3 88.3 73.2 110.5 137 80.2 62.4 90.7 104.2 50.7 21.8 74.8 80.4 13.4 76.5 35.4 54.0 5.1 73.2 51.7 48.0 47.8 47.5 (62.8) 24.0 31.8 32.3 55.3 24.1
Per Share Data
EPS (Basic) 2.49 5.92 3.40 3.61 2.07 4.76 2.36 2.67 1.41 4.25 2.24 2.01 0.49 3.26 2.21 1.76 0.34 2.98 2.61 2.23 -1.01 1.63 -0.53 -1.75 -3.38 4.47 2.37 1.50 0.40 1.50 2.09 1.33 0.51 -1.00 1.76 0.73 -2.49 0.98 0.55 -0.27 0.49 1.43 2.44 2.27 1.82 1.71 2.62 2.28 1.99 1.37 2.37 2.34 2.10 1.02 1.83 2.53 1.96 0.76 1.76 2.15 1.24 1.13 1.12 1.79 0.77 0.44 1.07 1.62 0.96 1.00 1.11 1.12 0.85 0.70 1.06 1.31 0.76 0.58 0.87 1.00 0.49 0.22 0.74 0.78 0.13 0.74 0.36 0.55 0.05 0.74 0.53 0.48 0.49 0.49 -0.65 0.25 0.32 0.33 0.56 0.24
EPS (Diluted) 2.45 5.81 3.32 3.53 2.03 4.66 2.31 2.61 1.38 4.19 2.19 1.96 0.48 3.20 2.18 1.73 0.34 2.93 2.57 2.18 -1.01 1.61 -0.53 -1.75 -3.38 4.41 2.34 1.47 0.39 1.48 2.07 1.31 0.50 -1.00 1.75 0.72 -2.49 0.98 0.55 -0.26 0.49 1.41 2.41 2.25 1.80 1.68 2.57 2.23 1.94 1.37 2.31 2.29 2.03 1.02 1.78 2.46 1.90 0.74 1.72 2.09 1.21 1.13 1.10 1.75 0.76 0.44 1.05 1.58 0.93 1.00 1.08 1.09 0.82 0.70 1.03 1.28 0.74 0.58 0.84 0.97 0.48 0.22 0.72 0.77 0.12 0.74 0.35 0.54 0.05 0.74 0.52 0.48 0.49 0.49 -0.65 0.25 0.32 0.33 0.56 0.24
Shares Outstanding 61 61.1 62.5 61 62.2 62.5 62.6 63.2 64.3 65 65.6 65.9 66.4 66.5 68 70.1 70.9 73.2 74 73.8 73.4 73.6 73.5 73.0 73.7 74.7 76.7 78.2 79 80.2 81.3 81.9 81.7 81.7 81.7 81.6 82.1 82.6 82.7 82.6 83.9 87.3 88.1 88.4 88.9 89.2 90.1 90.4 90.8 90.4 91.1 91.3 92.2 92.2 92.2 92.2 93.9 95.8 95.5 95.5 97.2 98.3 98.8 99.4 99.2 99.2 98.8 99.3 99.5 101.1 101.6 102.6 103.9 103.8 104.2 104.5 105.1 104.8 104.7 104.2 103 102.4 101.9 101.2 100.5 99.8 99.1 98.7 98.4 98.5 98.3 97.8 97.4 96.8 96.7 97.1 98.2 98.8 98.8 100.4
Metric 2026 Q4 2026 Q3 2026 Q2 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 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1
Current Assets
Cash & Cash Equivalents 1,988 2,034 1,444.4 2,090.2 1,922.5 1,940.2 1,355 1,586.9 1,662.2 1,803.6 1,381.8 1,607.2 1,529.3 1,566.1 1,107.1 1,456.8 1,863.8 2,276.8 2,387.9 2,596.4 2,579 2,621.5 2,012 2,451.3 1,620.4 1,079.9 548.1 648.4 584.1 680.5 553.1 532.3 1,304.6 1,175.7 1,111.6 830.4 668.3 928 434 457 456.3 423.5 620.8 481.2 417.6 553.8 751.8 210.6 287.5 343.6 355.5 371.6 238.8 294.6 87.0 79.4 139.9 164.6 345.3 42.4 44.1 44.5 21.1 46.5 35.2 58.8 116.5 53.5 46.3
Short-Term Investments 77 218.9 202.5 186.6 160.5 203 334.7 173.6 121 113.8 85.1 73.1 36.4 131.4 309.6 320.1 734.6 710.2 673.1 368 197.5 165.7 434.1 259.3 495.9 828.5 1,041.4 1,280.7 1,403.4 1,382.5 1,319.5 1,487.7 699.4 862.3 507.1 740.5 684.7 453 531 619 629 502.2 467.9 338.7 92.3 157 0 0 0 0 0 0 0 0 70.3 66.2 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 491.7 625.4 692.8 548.5 612.3 578.5 643.7 487 561 527.4 587.8 461.2 579.7 570.4 626.5 484.3 542.8 542.2 543.7 498 571.9 512.4 468.4 227.7 415.4 499.2 631.3 563.4 607.1 557.5 677.7 467.8 651.7 519.8 694.8 504 673.8 483 689 524 698.6 482.4 250.3 474.9 531.1 310.1 366.8 371.6 250.0 375.8 290.7 208.4 353.6 245.6 211.7 226.2 172.1 204.4 128.9 212.3 148.7 157.2 133 170.5 111.8 149.1 115.1 138.5 90.3
Inventory 1,014.3 1,149.4 1,261.3 1,222.2 949.6 998.6 1,127.9 1,039.1 902.2 1,055.1 1,195.3 1,187.8 1,071.3 1,238.4 1,261.4 1,178.2 977.3 929.1 928.2 803 759 866 887 773.2 736.2 904.6 1,012.5 988.6 817.8 914.5 994.6 890 761.3 825.4 864.6 859.9 791.5 984 1,173 1,242 1,125 610.4 612.4 525.1 619.3 568.1 483.9 400.7 430.1 363.8 401.5 384.9 349.8 355.2 401.9 433.6 446.6 391.0 343.2 420.8 426.5 376.9 380.1 398.3 357.7 298.5 280 288.9 291.7
Other Current Assets 77.8 68.3 64.1 56.7 82.1 112.2 67.6 64.9 55.7 67.3 73.4 66.2 62.1 66.8 77.8 71.8 58.9 63.7 57 66 59.4 69.3 76.3 75.1 68.9 94.6 102.2 120.8 115 93.9 81.8 104.3 78.9 73.7 81.8 90.3 82.3 130 81 97 90.2 116.6 117.5 101.8 80.3 77.3 37.8 23.4 20.5 15.7 19.0 21.1 17.9 34.3 105.1 100.4 89.4 92.9 81.4 85.7 85.9 100.9 63.5 56.1 54.2 50.1 32.4 31.3 38.3
Total Current Assets 3,887.2 4,189.3 3,753 4,198.5 3,789.9 3,900.3 3,604.6 3,447.9 3,359.8 3,639.4 3,394.5 3,473.1 3,324.1 3,631.3 3,440.6 3,577.5 4,217.3 4,567.3 4,632.7 4,378.2 4,208 4,276.4 3,907.1 3,857 3,375.2 3,448.9 3,386.7 3,654.1 3,594.8 3,696.4 3,693.5 3,550.1 3,548.4 3,533.2 3,324.4 3,086.7 2,954.5 3,034 2,976 3,002 3,053 2,251.1 2,206.1 2,056.7 1,866.5 1,798.8 1,714.8 1,112.5 1,072.2 1,166.0 1,125.7 1,038.8 1,008.1 972.6 876.0 905.9 848.0 852.9 898.8 761.2 705.2 679.5 597.7 671.4 558.9 556.5 544 512.2 466.6
Non-Current Assets
Property, Plant & Equipment 1,070.6 2,211.5 2,189.6 2,105.5 1,859.5 1,849.3 1,846 1,845.3 1,865 1,951 1,963.8 2,036.6 2,089.5 2,020.5 1,915.8 1,985.9 2,080.8 2,097 2,120.3 2,155.9 2,253.5 2,426 2,327.8 2,409.9 2,491.1 2,601.6 2,578.1 2,402.8 1,039.2 1,079.3 1,130.5 1,141.7 1,186.3 1,215.9 1,240.5 1,273.3 1,316 1,514 1,564 1,565 1,583 643.7 631.7 651.6 692.4 706.3 557.3 357.9 352.2 355.0 344.0 341.5 343.8 334.8 310.7 306.1 375.1 373.0 334.9 326.1 299.3 261.8 247.6 229.8 185.3 175.3 131.9 121.7 117.3
Goodwill 904.2 912.2 911.3 914.2 888.5 876.2 900.6 882.6 888.1 899.9 883 892.5 898.9 890.4 865.5 886.5 908.7 920 933.1 937.8 934.6 949 935 921.9 915.5 917.1 913.8 925.3 919.6 924.8 928.6 928.7 950.5 935 933 924.2 904.6 900 936 930 918 989 976.8 966.4 962 977.2 710 0 0 0 284.6 0 273.3 0 0 0 0 0 76.9 76 77.2 27.5 0 0 0 0 0 0 0
Intangible Assets 93.3 54.6 57.1 59.6 62.8 66 69.3 72.5 75.7 79 82.2 85.5 88.9 92.3 95.6 99 102.9 107.6 112.2 116.6 121.1 126 131.1 136.1 141 146.2 152.3 158.2 163.7 169.5 175 181.4 188 201.5 207.7 213.7 219.8 225 235 240 244 342.2 345.7 348.9 350.8 345.6 246.1 339.8 341.6 327.0 0 289.4 0 280.8 253.3 262.0 271.3 277.8 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0.2 10 8.6 3 3.1 1.5 7.8 7.9 7.5 10.6 9.7 10.6 10.6 10.5 12 12 12 0 0 0 6.3 0 0 0 0 0 0 34.1 44.9 45.7 69.9 69.5 86.2 83.3 82.6 80.1 21.4 82 122 149 186.6 44.4 0 29.7 0 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 Non-Current Assets 139.7 109.9 102.3 105 108.1 89.2 90.6 118.2 118.2 119.5 127.2 112.1 122.4 124.5 161.1 127.3 99.2 104.1 88.5 83.2 80.1 72.3 97.7 106 111.9 91.5 100 74.9 113.6 99.8 90.4 93.2 97.3 97 96.9 94.6 109.8 120 116 116 110.1 197.6 242.7 200.4 291 313.3 290.2 171.2 153.0 136.5 71.9 68.8 66.1 90.4 130.4 125.1 114.7 116.9 109.1 101 97 135.9 118.8 114.6 98.3 93.3 97.4 90 84.6
Total Non-Current Assets 2,552.9 3,624.5 3,594.7 3,553.2 3,257.4 3,180.6 3,195.4 3,193.1 3,242.8 3,365.1 3,328.6 3,395.3 3,465.4 3,408.6 3,293 3,373.6 3,507.4 3,568.3 3,544 3,583.7 3,679.5 3,895.8 3,844.5 3,883.4 3,904.7 3,997 3,841.8 3,689.6 2,348 2,395.6 2,462 2,485.2 2,594.9 2,665.8 2,703.9 2,727.3 2,697.5 2,932 3,091 3,116 3,160 2,320.9 2,294.7 2,299.8 2,409.7 2,462.8 1,815.8 923.3 901.2 872.8 767.3 763.8 741.4 769.1 694.4 693.3 761.0 767.7 520.9 503.1 473.5 425.1 366.4 344.4 283.6 268.6 229.3 211.7 201.9
Total Assets 6,440.1 7,813.8 7,347.7 7,751.7 7,047.3 7,080.9 6,800 6,641 6,602.6 7,004.5 6,723.1 6,868.4 6,789.5 7,039.9 6,733.6 6,951.1 7,724.7 8,135.6 8,176.7 7,961.9 7,887.5 8,172.2 7,751.6 7,740.4 7,279.9 7,445.9 7,228.5 7,343.7 5,942.8 6,092 6,155.5 6,035.3 6,143.3 6,199 6,028.3 5,814 5,652 5,966 6,067 6,118 6,213 4,572 4,500.8 4,356.5 4,276.2 4,261.6 3,530.6 2,035.8 1,973.4 2,038.8 1,893.0 1,802.6 1,749.5 1,741.7 1,570.3 1,599.1 1,609.0 1,620.6 1,419.7 1,264.3 1,178.7 1,104.6 964.1 1,015.8 842.5 825.1 773.3 723.9 668.5
Current Liabilities
Account Payables 431 543.7 532.7 609.1 436 489.5 495.7 477.8 332.2 411.8 460.1 448.4 371.6 468 498 562.1 448.7 472.8 451.4 370.3 355.9 335 284.5 144.2 246.8 267.6 350.3 351.5 202.3 169.1 202.1 202.7 165.6 184.3 172.8 160.9 147.7 158 159 192 151 168.1 166.8 165.9 221.3 224.9 168.4 162.9 188.2 181.4 173.8 160.0 177.5 195.3 145.8 158.6 175.6 151.3 82.7 107.2 99.7 88.9 84.6 132.8 92.5 100.1 66 71.6 72.9
Short-Term Debt 211.7 246.7 259 399.8 399.7 399.5 399.3 0 0 0 0 0 0 0 0 0 499.8 499.4 499.1 498.7 0 0 0 299.9 774.6 298.1 297.3 0 0 0 0 299 308.2 298.3 298.6 0 0 0 95 90 116.1 0 125.3 0 0 0 0 0 50.1 100.9 120.4 124.9 33.0 73.9 84.7 126.2 67.4 86.1 25 154.8 125.5 115.5 40 79.7 3 0.3 0.5 7 16.1
Deferred Revenue 22 27.6 21.8 15 16.6 22.5 15.7 18.3 17.3 23.3 15.1 18 14 21.9 17.2 19.5 16.5 15.3 10.5 9.7 12 20.3 13.1 15 14.6 15.1 15.1 16.2 14.1 20.1 19 25.5 30.4 33.9 33.1 30.6 29.7 34 38 48 50.1 0 0 47.6 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
Other Current Liabilities 80 791.3 738.2 41.9 23.2 16.1 30 28.3 32.6 26.2 36.9 632.2 20.8 15 15.9 21.8 30.8 40.8 53.2 73.8 99.8 152.3 167.4 17.8 32.4 32.3 36.7 36.8 64 57.6 51.6 89.2 130.4 130.5 143.6 134.9 153.1 94 127 134 66.2 0 0 0 46.4 29.5 69.5 58.6 38.0 55.5 83.6 58.6 52.8 36.9 148.0 164.5 127.9 168.8 128.2 125.6 128 143.6 121.3 116.4 106.1 101.9 128.7 96.4 75.6
Total Current Liabilities 1,848.5 1,995.6 1,840 2,285.8 2,133.7 2,221.8 2,092.4 1,573.6 1,467.2 1,678.2 1,610.4 1,593.7 1,493.5 1,749.6 1,709.6 1,745.4 2,255.7 2,429.6 2,260.6 2,113.3 1,584.8 1,676.8 1,553.7 1,486.9 2,092 1,775.4 1,736 1,591 1,200.1 1,273.7 1,241.1 1,563.7 1,587.2 1,710.2 1,590.1 1,216.9 1,159.9 1,151 1,217 1,296 1,198 733.2 887.5 674.1 735.1 714.2 604.9 430.4 423.8 500.3 528.9 491.8 391.8 402.9 378.5 449.3 370.9 406.2 235.9 387.6 353.2 348 245.9 328.9 201.6 202.3 195.2 175 164.6
Non-Current Liabilities
Long-Term Debt 1,238.9 2,393.6 2,388.8 2,346.9 742.9 742.6 742.2 1,141.1 1,140.5 1,140 1,139.5 1,139 1,138.5 1,138 1,137.5 1,137 1,136.5 1,136 1,135.5 1,135 1,632.9 1,631.9 1,631 1,630.1 396.4 396.3 396.1 695.3 689.1 686.8 683.9 288 288 290.3 291.8 590.4 588.2 589 597 602 597 307.5 292.5 406.4 439.2 469.8 393.8 264.0 265.1 248.5 226.6 225.5 285.4 298.0 328.9 322.7 343.4 342.7 356.7 80 80 44.2 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 177.2 172.9 225.6 5.9 9.3 13.1 9.5 7 13.3 15.7 12.8 7.2 13.8 12.8 13.5 12.5 11.7 10.8 10.8 10.7 11.3 10.6 10.5 10 11.8 13.1 10.7 50.2 47.9 44.3 33.3 36.5 7.5 7 12.1 11.8 14 13 13 16.3 0 0 154.8 0 0 20.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities (1,025.8) (1,014.7) (1,011.7) (962) 296.8 271.9 243.9 263.8 267.5 262.5 242.4 275.4 263.4 270.6 257.6 283.3 310.2 316.1 351 390.6 389.7 400.3 363.4 350 330.7 317.3 322.3 353.8 503.6 511.8 501.2 500.2 537.8 545.2 387.2 387.8 341.6 350 383 377 391.3 535.7 489.8 65.4 576.5 593.2 205.4 70.0 65.6 81.2 79.4 79.1 74.1 93.4 98.5 100.3 111.7 99.2 73.3 71.7 68.3 53.5 51.9 45.9 41.1 38.5 22.6 22.7 22.7
Total Non-Current Liabilities 1,751.2 2,929.8 2,925.5 2,950.6 2,325.1 2,319.9 2,265.3 2,700.4 2,685.1 2,754.4 2,743.5 2,833.7 2,865.5 2,822.5 2,768.4 2,841.6 2,933 2,983.1 3,053.3 3,130.9 3,698.3 3,803.4 3,653.8 3,698 2,494.8 2,554 2,578.9 2,739.9 1,455.5 1,464.4 1,452.4 1,050.6 1,098.7 1,081.3 928.6 1,237 1,192.5 1,205 1,252 1,256 1,271 843.2 782.3 947.3 1,015.7 1,063 619.7 334.0 330.7 329.7 306.0 304.6 359.5 391.4 427.4 423.0 455.0 441.9 430 151.7 148.3 97.7 51.9 45.9 41.1 38.5 22.6 22.7 22.7
Total Liabilities 3,599.7 4,925.4 4,765.5 5,236.4 4,458.8 4,541.7 4,357.7 4,274 4,152.3 4,432.6 4,353.9 4,427.4 4,359 4,572.1 4,478 4,587 5,188.7 5,412.7 5,313.9 5,244.2 5,283.1 5,480.2 5,207.5 5,184.9 4,586.8 4,329.4 4,314.9 4,330.9 2,655.6 2,738.1 2,693.5 2,614.3 2,685.9 2,791.5 2,518.7 2,453.9 2,352.4 2,356 2,469 2,552 2,469 1,576.4 1,669.8 1,621.4 1,750.8 1,777.2 1,224.6 764.4 754.5 830.1 835.0 796.4 751.3 794.4 805.9 872.3 825.9 848.1 665.9 539.3 501.5 445.7 297.8 374.8 242.7 240.8 217.8 197.7 187.3
Stockholders' Equity
Common Stock 0 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1 1 1 1 1.1 1.1 1.1 1.1 1.1 1.1 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1 1 1 1 1 1 1 1 1 1 1
Retained Earnings 8,310.6 8,213.8 7,907.4 7,755.2 7,590.1 7,511.8 7,265.4 7,168.7 7,051.6 7,008.4 6,779.7 6,681.3 6,598.2 6,615.1 6,448.1 6,347.3 6,274.9 6,298.6 6,129.8 5,987.1 5,872.9 5,947 5,827.2 5,866.3 5,994 6,292.8 6,009.4 5,878.6 5,979.1 5,996.3 5,925.4 5,805.4 5,752.2 5,751.5 5,874 5,770.8 5,751.9 5,997 5,956 5,952 6,015 2,709.9 2,537.3 2,465.5 2,325.5 2,169.5 1,691.2 825.5 776.5 776.4 660.3 608.6 602.1 554.5 382.6 331.9 394.8 370.8 339 306.7 251.4 227.3 234.7 209.4 159.4 136.7 108 78.7 33.8
Accumulated Other Comprehensive Income (251.3) (235.1) (476.8) (235.5) (299.9) (324.8) (225.7) (298.1) (276.1) (209.3) (262.8) (232.8) (196) (202.8) (257.3) (208.1) (180.3) (150.2) (120) (111.3) (120.8) (90.6) (99.5) (109.3) (118.2) (118.6) (115.4) (109.2) (103.4) (101.3) (107.8) (101.4) (98.5) (130.6) (135.4) (164.1) (198.4) (223) (180) (192) (181) 174 144.8 126.8 98.7 123.9 42.2 (7.1) (1.9) 4.6 (31.3) (24.2) (22.0) (14.7) (0.4) 9.7 0.7 8.0 0.6 (2.7) (5.4) (6.6) (34.8) (34.8) (17.2) (2.6) 0 0 0
Total Stockholders' Equity 2,840.4 2,888.4 2,582.2 2,515.3 2,588.5 2,539.2 2,442.3 2,367 2,450.3 2,571.9 2,369.2 2,441 2,430.5 2,467.8 2,255.6 2,364.1 2,536 2,722.9 2,862.8 2,717.7 2,604.4 2,692 2,544.1 2,555.5 2,693.1 3,116.5 2,913.6 3,012.8 3,287.2 3,353.9 3,462 3,421 3,457.4 3,407.5 3,509.6 3,360.1 3,299.6 3,610 3,598 3,566 3,744 2,995.6 2,831 2,735.1 2,525.4 2,484.4 2,306 1,271.4 1,218.9 1,208.8 1,058.0 1,006.2 998.2 947.4 764.4 726.9 783.2 772.4 753.8 725 677.2 658.9 666.3 641 599.8 584.3 555.5 526.2 481.2
Total Liabilities & Equity 6,440.1 7,813.8 7,347.7 7,751.7 7,047.3 7,080.9 6,800 6,641 6,602.6 7,004.5 6,723.1 6,868.4 6,789.5 7,039.9 6,733.6 6,951.1 7,724.7 8,135.6 8,176.7 7,961.9 7,887.5 8,172.2 7,751.6 7,740.4 7,279.9 7,445.9 7,228.5 7,343.7 5,942.8 6,092 6,155.5 6,035.3 6,143.3 6,199 6,028.3 5,814 5,652 5,966 6,067 6,118 6,213 4,572 4,500.8 4,356.5 4,276.2 4,261.6 3,530.6 2,035.8 1,973.4 2,038.8 1,893.0 1,802.6 1,749.5 1,741.7 1,570.3 1,599.1 1,609.0 1,620.6 1,419.7 1,264.3 1,178.7 1,104.6 964.1 1,015.8 842.5 825.1 773.3 723.9 668.5
Debt Metrics
Total Debt 2,988.7 4,014 4,023.3 4,348.8 2,668.1 2,683.7 2,667.9 2,682.2 2,675.3 2,756.1 2,774.9 2,839.5 2,881.9 2,822.4 2,761.8 2,810.6 3,391.9 3,438.7 3,486.9 3,532.6 3,620.5 3,707.4 3,607.9 3,961.5 3,226.9 2,820.8 2,824.7 2,680.2 924 926.6 928 836.1 852.1 849 855.1 859.2 861.7 863 973 978 999.5 307.5 417.8 444.8 439.2 469.8 393.8 264.0 315.2 349.4 347.0 350.4 318.4 372.0 413.6 449.0 410.8 428.8 381.7 234.8 205.5 159.7 40 79.7 3 0.3 0.5 7 16.1
Net Debt 1,000.7 1,980 2,578.9 2,257.2 745.6 743.5 1,312.9 1,095.3 1,013.1 952.5 1,393.1 1,232.3 1,352.6 1,256.3 1,654.7 1,353.8 1,528.1 1,161.9 1,099 936.2 1,041.5 1,085.9 1,595.9 1,510.2 1,606.5 1,740.9 2,276.6 2,031.8 339.9 246.1 374.9 303.8 (452.5) (326.7) (256.5) 28.8 193.4 (65) 539 521 543.2 (116) (203) (36.4) 21.6 (84) (358) 53.4 27.7 5.8 (8.5) (21.3) 79.6 77.4 326.6 369.6 270.9 264.3 36.4 192.4 161.4 115.3 18.9 33.2 (32.2) (58.5) (116) (46.5) (30.2)
Metric 2026 Q4 2026 Q3 2026 Q2 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 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1
Operating Activities
Net Income 151.6 361.6 207.5 220.4 129 297.4 147.9 168.6 90.7 276.6 146.9 132.1 32.3 216.5 150.5 123.4 24.4 217.7 193.3 164.7 (74.1) 119.8 (39.1) (127.7) (249) 334.1 182.1 117.1 31.6 120 170.3 109 41.3 (81.8) 143.8 59.5 (204.3) 82 45 (22) 41 74.8 80.4 13.4 54.0 5.1 73.2 42.8 51.7 6.5 48.0 45.6 47.8 31.1 47.5 50.6 (62.8) 31.8 32.3 55.3 28.1 (7.4) 25.4 49.9 22.7 28.7 56.8 17.5 44.6
Depreciation & Amortization 60.8 59.7 57 55.5 55 54.3 55.9 54.4 56 56.2 58.5 58.3 57.2 55.2 53.3 54.8 60.4 56.2 55.9 57.2 62.1 60.3 61.5 63.7 68.5 68.2 66.6 66.2 69.3 72 69.7 70.3 75.8 72.7 73.8 72.9 75.5 78 76 78 83 26.9 24.0 22.5 19.1 21.4 15.6 20.9 23.7 18.5 20.7 18.5 23.8 20.9 18.5 18.9 20.8 13.2 20.8 20.9 11.4 13.1 11.2 11.3 10.8 7.4 7.5 6.6 5.9
Stock-Based Compensation 24.3 24.9 39.4 22.4 23.2 24.7 35.7 24.3 24.2 24.6 29.3 21.4 15.6 19.2 22.5 18.2 19.1 22 22.2 18.4 18.3 19.8 19.5 15.1 27.7 22.1 27.8 23 23.3 22.5 21.3 21.5 18.2 16.9 17.8 21.6 17.6 14 14 18 18 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (497.1) 379.8 (262.5) (117.3) (3.1) 335.1 (146.4) 16.3 (33.4) 274 (182.2) 56.6 (87.6) 133.8 (289.9) (180.9) (163.8) 61.8 (52.4) (15.2) (154.9) 155.2 15.7 59.9 101.7 246.9 (274) (0.7) (34.2) 234.8 (293) 15.4 (236.5) 479.2 (136.2) 182.5 5.6 391 (244) 81 (153) 99.1 (98.2) 64.1 (64.7) (6.9) (107.2) 39.0 (50.5) 107.2 (87.4) 79.9 (27.2) 40.2 (35.0) 8.9 (31.2) (49.7) 136.2 (52.7) (22.3) (1.6) 2.3 (59.4) (31.3) (73.4) 47.9 (25.6) (13.7)
Other Non-Cash Items 387.8 (43.3) 12.4 0.9 (4.7) 19.1 (3) 1.4 13 (8.6) 13.9 2.7 13.9 (14.8) 10.5 3.4 (1.6) 1.5 1.5 18.7 57.5 7.1 20 (14.4) 70.8 12.9 11.5 (0.1) 15.9 18.3 10.2 7.1 33.1 9.8 14.2 12.4 256.8 34 110 85 170 46.2 8.9 (0.8) (12.0) (3.0) 24.8 4.0 (2.9) (7.2) 9.7 1.7 (4.3) (7.2) (40.6) (2.4) 54.9 13.6 2.1 (0.6) 2.3 (7.9) (1.9) 0.1 1.2 11 (26.9) 28 (19.8)
Operating Cash Flow 145.3 779.6 53.2 176.1 122.2 738.4 97.2 277.3 121 605.1 72.9 270.7 14 395.1 (43.4) 45.3 (105.8) 357.5 216.6 247.6 46.3 347.3 57.6 (70.3) 6.6 543.9 6.7 197.4 100.7 470.1 (17.6) 230.6 24 514.1 102.8 334.2 102.3 618 (11) 243 155 244.6 17.2 98.2 (2.4) 11.8 8.5 120.7 11.5 128.3 16.0 152.7 40.1 85.0 (5.0) 81.0 (18.3) 8.9 191.4 22.9 19.5 (3.8) 37 1.9 3.4 (32.6) 85.3 26.5 17
Investing Activities
Capital Expenditure (51.4) (75.6) (93.8) (187.3) (79.9) (61.2) (41.7) (33.4) (39.9) (42.5) (42.8) (39.6) (61.6) (72) (44.5) (39.4) (53.3) (50.2) (35.2) (28.2) (27) (26.9) (32.6) (21.3) (54.3) (85.4) (81.2) (49.4) (48.5) (56.1) (50.8) (42.3) (38.6) (48.3) (32.8) (41.9) (59) (60) (87) (78) (93) (40.5) (48.5) (35.9) (25.6) (13.9) (39.0) (19.5) (27.7) (12.5) (27.0) (20.8) (24.0) (16.2) (37.3) (21.5) (28.3) 19.0 (31.5) (45.3) (64.2) (46.7) (22.6) (57.8) (21.6) (32) (14.7) (14.6) (10.3)
Acquisitions 0 0 0 0 0 0 0 0 0 42.5 42.8 37.9 0 0 (7) 0 53.3 0 0 0 0 (1.5) (0.5) 0 (0.9) 0 0 0.9 0 0 0 (4.5) 0 (1) 0 (3.6) (4.1) 1 (2) (1) (2) 0.3 (4.1) (240.0) (0.0) (4.5) (25.5) 0 0 0 0 0 0 0 0 0 0.7 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (76.9) (192.9) (193.1) (171.1) (153.6) (131.7) (322.2) (174.3) (120.7) (113.5) (85.3) (73.3) (36.4) (131) (290.2) (141) (275.8) (478.4) (388.1) (368.3) (192.3) (109) (343.4) (59.9) (399.6) (318.5) (398.1) (173.5) (403) (805) (596.5) (1,250.1) (620.1) (559.2) (155.9) (270.4) (399.4) (69) (248) (144) (448) 0 0 0 0 0 0 0 0 0 0 0 0 (3.1) 19.6 (4.1) 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 216.6 177.5 175.4 154.1 195.4 248.1 171.7 119.1 110.5 85.7 72.7 35.4 131.9 312.3 297.2 552 249.9 435.2 81.8 197.7 159.2 380.2 169.6 301.9 730.1 534.2 667.7 308.4 382.3 763.8 741.6 469.8 787.4 204 403.9 187.4 237.4 158 365 182 351 0 0 0 0 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 (42.6) (1.5) 0 6 (1.6) 0.2 0 1 (2.5) (43.5) (42.8) (37.9) (0.6) 0.8 7 (6) (56.2) 0 (1.5) (0.6) (1.5) 0 0 0 0 0 0 20.8 0 20 0 0 0 0 0 0 0.3 0 0.3 0 0 0 (0.7) 0.7 0.5 (5.0) (40.0) (4.0) 1.1 0.8 (1.9) (24.5) 23.7 (0.8) (1.7) (1.2) (67.4) (236.4) (1.2) (1.2) 42.5 (45.8) (0.3) (0.4) (1) 12.4 (0.2) (1.3) (14.2)
Investing Cash Flow 45.7 (92.5) (111.5) (198.3) (39.7) 55.4 (192.2) (87.6) (52.6) (71.3) (55.4) (77.5) 33.3 110.1 (37.5) 365.6 (82.1) (93.4) (343) (199.4) (61.6) 242.8 (206.9) 220.7 276.2 130.3 188.4 107.2 (69.2) (77.3) 94.3 (827.1) 128.7 (404.5) 215.2 (128.5) (224.8) 30 28 (41) (192) (40.2) (53.3) (275.2) (25.2) (23.4) (104.5) (23.5) (26.5) (11.7) (28.9) (66.5) (0.3) (20.2) (19.4) (26.8) (95.1) (217.4) (32.7) (46.5) (21.7) (92.5) (22.9) (58.2) (22.6) (19.6) (14.9) (15.9) (24.5)
Financing Activities
Net Debt Issuance 0 0 (405.5) 492.2 (5.5) (5.7) (5.9) (4.9) (5) (5.1) (5.2) (6) (6) (5.1) (5) (505.8) (6.3) (5.1) (6.2) (5.5) (5.3) (2.9) (304.1) 765.3 472 (2.9) (2.8) (4.9) (4.8) (4.3) 93.3 (15.6) (7) (7) (8) (6.2) (8.4) (101.1) (1.1) (33.3) 94 (0.3) (0.3) (0.3) (50.1) (50.8) (2.7) (15.6) (3.0) 1.6 (51.1) 12.8 24.3 (48.7) (18.8) (45.6) 60.8 51.2 154 29.3 8.4 119.7 (39.6) 83.7 (4.4) (5.5) (50.4) (3.4) (156.8)
Stock Repurchased (150.4) (37.5) (112.6) (323.3) (76.3) (74.4) (129) (201.2) (120.9) (103.1) (168.9) (56.8) (42.8) (28.5) (182.6) (234.7) (152.2) (300.5) (11.1) (28.8) (1.6) (0.6) (1.6) (33.9) (152.7) (99.4) (251.6) (191.1) (70.7) (208) (93.9) (130) (1.2) (1.3) (0.2) (14.4) (100.2) (0.1) 0 (114.9) (101) (0.0) (0.7) (0.4) (0.6) (0.2) (4.2) (0.2) 0 (0.3) 0 0 0 0 0 (3.4) (2.5) (20.6) (6.6) (7.6) (6.5) 0 0 0 0 0 0 0 0
Dividends Paid (55.2) (55.3) (55.3) (50.7) (51) (51.2) (51.4) (47.5) (47.9) (48.5) (49) (49.2) (49.5) (49.7) (51) (48.1) (48.9) (50.6) (50.5) 0 0 0 0 (49.8) (50.7) (51.3) (53.1) (48.8) (49.1) (50.3) (50.7) (40.6) (40.7) (40.6) (40.6) (40.5) (40.8) (42) (41) (41) (42) (5.0) (5.1) (5.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (43) (87.9)
Other Financing Activities (156) (6.5) 0.1 (4.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.1) (0.1) (8.5) 0 (0.2) (0.7) 0 0 0 (2.8) 21.8 10.1 0 0 0.1 0.3 0.3 0.8 3.6 4.4 (1.1) 0 0 (4.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (16) 0 (0.1) 0.1 (0.1) 0.1
Financing Cash Flow (211.2) (99.3) (573.3) 114.1 (132.8) (131.3) (186.3) (253.6) (173.8) (156.7) (223.1) (112) (98.3) (83.3) (238.6) (788.6) (207.4) (356.2) (67.8) (34.3) (6.9) (3.6) (305.8) 673.1 268.6 (153.8) (308.2) (244.8) (124.6) (262.6) (54.1) (164.4) (38.8) (48.9) (48.8) (61) (149.1) (142) (41) (186) (45) 10.1 7.1 7.8 (47.5) (47.5) (6.4) (14.2) (1.4) 5.3 (42.3) 16.5 24.0 (38.6) (9.0) (48.5) 58.3 30.6 147.4 21.7 1.9 119.7 (39.6) 67.7 (4.4) (5.6) (7.3) (3.5) 24.2
Cash Position
Net Change in Cash (44.7) 589.4 (647.4) 166.3 (17.6) 584.8 (231.4) (77) (141.5) 423.5 (225.6) 77.3 (36.6) 459.3 (350.1) (407.1) (413.4) (111.3) (208.5) 17.2 (43.5) 609.7 (439.1) 831.1 540.4 526.1 (128.1) 64.9 (97) 127 20.7 (779.7) 132.3 64.3 282.5 164.6 (259.7) 494 (23) 1 (71) 216.9 (28.9) (168.6) (76.8) (56.1) (98.0) 86.1 (16.1) 126.9 (55.8) 153.5 64.4 25.2 (35.5) 7.6 (60.5) (180.7) 302.9 (1.7) (0.4) 23.4 (25.5) 11.4 (23.6) (57.8) 63.1 7.1 16.7
Cash at Beginning 2,039.4 1,450 2,097.4 1,923.9 1,947 1,362.2 1,593.6 1,670.6 1,812.1 1,388.6 1,614.2 1,536.9 1,573.5 1,114.2 1,464.3 1,865.4 2,285.4 2,396.7 2,605.2 2,588 2,631.5 2,021.8 2,460.9 1,629.8 1,089.4 563.3 691.4 626.5 723.5 596.5 575.8 1,355.5 1,223.2 1,158.9 876.4 711.8 928 434 457 456 527 146.0 174.9 343.5 287.5 343.6 441.6 355.5 371.6 244.7 294.6 141.1 76.7 51.5 87.0 79.4 139.9 345.3 42.4 44.1 44.5 0 0 0 58.8 0 0 0 29.6
Cash at End 1,994.7 2,039.4 1,450 2,090.2 1,929.4 1,947 1,362.2 1,593.6 1,670.6 1,812.1 1,388.6 1,614.2 1,536.9 1,573.5 1,114.2 1,458.3 1,872 2,285.4 2,396.7 2,605.2 2,588 2,631.5 2,021.8 2,460.9 1,629.8 1,089.4 563.3 691.4 626.5 723.5 596.5 575.8 1,355.5 1,223.2 1,158.9 876.4 668.3 928 434 457 456 362.9 146.0 174.9 210.6 287.5 343.6 441.6 355.5 371.6 238.8 294.6 141.1 76.7 51.5 87.0 79.4 164.6 345.3 42.4 44.1 23.4 (25.5) 11.4 35.2 (57.8) 63.1 7.1 46.3
Free Cash Flow 93.9 704 (40.6) (11.2) 42.3 677.2 55.5 243.9 81.1 562.6 30.1 231.1 (47.6) 323.1 (87.9) 5.9 (159.1) 307.3 181.4 219.4 19.3 320.4 25 (91.6) (47.7) 458.5 (74.5) 148 52.2 414 (68.4) 188.3 (14.6) 465.8 70 292.3 43.3 558 (98) 165 62 204.1 (31.2) 62.2 (28.0) (2.1) (30.5) 101.2 (16.2) 115.8 (11.0) 131.9 16.1 68.8 (42.3) 59.5 (46.7) 27.9 159.9 (22.4) (44.7) (50.5) 14.4 (55.9) (18.2) (64.6) 70.6 11.9 6.7
Key Metrics 2026 Q4 2026 Q3 2026 Q2 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 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 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1
Income Statement
Revenue 1,978.7 2,406 2,010.7 1,719.1 1,697.3 2,143.5 1,726 1,512.2 1,567.9 1,934 1,633 1,496.5 1,540.8 1,832.3 1,579.9 1,490.6 1,522.7 1,815.4 1,504.1 1,376.3 1,287 1,432.8 1,193.5 487.5 1,274.1 1,750.7 1,706.2 1,428.8 1,505.7 1,725.8 1,690.9 1,390.6 1,529.2 1,641.8 1,664.2 1,347.1 1,565.8 1,714 1,821 1,552 1,871 1,885 2,033 1,994 1,708 1,867 2,015 1,915 1,653 1,643.3 1,846.1 1,862 1,593.4 1,622.9 1,805.6 1,904.6 1,526.4 1,426.9 1,548 1,532.1 1,153.3 1,337.1 1,243.9 1,374.2 1,023.7 1,224.4 1,252 1,428.9 1,113.6 1,240.9 1,269.8 1,299.1 1,070.3 1,031.3 1,143.7 1,166.8 953.6 971.5 995.5 1,027.4 751.9 941.0 888.0 883.7 592.8 818.8 645.4 707.8 477.7 692.3 640.8 633.1 595.7 542.4 584.7 486.2 465.8 508.8 541.8 432.3
Gross Profit 1,378.8 1,681.7 1,366.4 1,242.3 1,165.3 1,466.1 1,155.7 1,065.8 1,043.7 1,286 1,070.1 1,032 950.6 1,190.7 1,023.1 1,001.4 966.1 1,198.1 1,015.2 968.1 782.9 930.4 799.4 348.7 594.4 1,089.1 1,049 920.8 901.5 1,059.5 1,029.3 895.7 908.5 996.2 995.8 851.2 819.1 983.2 954.2 894.6 1,014 1,044 1,159 1,132 1,043 1,050 1,172 1,084 1,004 974.3 1,094 1,095 992 926.4 1,031.6 1,078.6 961.5 810.3 907.9 887.9 712.2 789.4 723.7 784.8 601.2 634.4 669.7 788.2 638.4 674.3 676.5 695.2 592 558.1 614 632.6 531.5 525.0 531.5 551.5 414.4 501.7 446.1 446.0 315.5 391.0 333.0 350.6 248.8 345.8 321.3 311.8 285.6 285.3 250.1 252.5 239.3 258.9 288.2 226.3
Operating Income 156.8 503.1 245.7 273.6 155 389.7 178.9 208.5 107.8 317.7 164.5 166.4 40.2 282.1 206.7 175.2 36.8 289.1 251.9 220.6 (25.7) 170.4 (20.3) (168) (283.8) 224.4 233.1 143.3 27.9 193.8 210 130.1 25.4 189.2 193.3 90.3 (267.8) 128.3 76.3 (31.2) 67 190 315 286 244 225 334 295 276 182 305 348 292 136.4 270.1 350.8 282.1 117.2 246.3 307.4 174.2 171.8 172.5 245.9 116.7 39.4 166.6 242.9 146.6 144.2 170.7 192.6 145.8 120.1 184.2 214.9 133.4 115.8 143.6 177 80.2 (883.2) 116.2 122.3 19.8 124.9 60.5 83.0 5.5 116.6 84.6 79.0 86.1 (45.9) (97.1) 46.1 58.0 56.4 95 47.8
Net Income 151.6 361.6 207.5 220.4 129 297.4 147.9 168.6 90.7 276.6 146.9 132.1 32.3 216.5 150.5 123.4 24.4 217.7 193.3 164.7 (74.1) 119.8 (39.1) (127.7) (249) 334.1 182.1 117.1 31.6 120 170.3 109 41.3 (81.8) 143.8 59.5 (204.3) 82 45 (22) 41 124 215 201 162 153 237 205 181 127.2 215.7 213.7 193.4 94.4 169 233.5 184.1 73.2 168.4 205.2 120.8 114.1 111.1 177.5 76.8 44.5 105.3 161 95.2 103.5 112.7 115.3 88.3 73.2 110.5 137 80.2 62.4 90.7 104.2 50.7 21.8 74.8 80.4 13.4 76.5 35.4 54.0 5.1 73.2 51.7 48.0 47.8 47.5 (62.8) 24.0 31.8 32.3 55.3 24.1
EPS (Diluted) 2.45 5.81 3.32 3.53 2.03 4.66 2.31 2.61 1.38 4.19 2.19 1.96 0.48 3.20 2.18 1.73 0.34 2.93 2.57 2.18 -1.01 1.61 -0.53 -1.75 -3.38 4.41 2.34 1.47 0.39 1.48 2.07 1.31 0.50 -1.00 1.75 0.72 -2.49 0.98 0.55 -0.26 0.49 1.41 2.41 2.25 1.80 1.68 2.57 2.23 1.94 1.37 2.31 2.29 2.03 1.02 1.78 2.46 1.90 0.74 1.72 2.09 1.21 1.13 1.10 1.75 0.76 0.44 1.05 1.58 0.93 1.00 1.08 1.09 0.82 0.70 1.03 1.28 0.74 0.58 0.84 0.97 0.48 0.22 0.72 0.77 0.12 0.74 0.35 0.54 0.05 0.74 0.52 0.48 0.49 0.49 -0.65 0.25 0.32 0.33 0.56 0.24
Balance Sheet
Cash & Equivalents 1,988 2,034 1,444.4 2,090.2 1,922.5 1,940.2 1,355 1,586.9 1,662.2 1,803.6 1,381.8 1,607.2 1,529.3 1,566.1 1,107.1 1,456.8 1,863.8 2,276.8 2,387.9 2,596.4 2,579 2,621.5 2,012 2,451.3 1,620.4 1,079.9 548.1 648.4 584.1 680.5 553.1 532.3 1,304.6 1,175.7 1,111.6 830.4 668.3 928 434 457 456.3 423.5 620.8 481.2 417.6 553.8 751.8 210.6 287.5 343.6 355.5 371.6 238.8 294.6 87.0 79.4 139.9 164.6 345.3 42.4 44.1 44.5 21.1 46.5 35.2 58.8 116.5 53.5 46.3
Total Assets 6,440.1 7,813.8 7,347.7 7,751.7 7,047.3 7,080.9 6,800 6,641 6,602.6 7,004.5 6,723.1 6,868.4 6,789.5 7,039.9 6,733.6 6,951.1 7,724.7 8,135.6 8,176.7 7,961.9 7,887.5 8,172.2 7,751.6 7,740.4 7,279.9 7,445.9 7,228.5 7,343.7 5,942.8 6,092 6,155.5 6,035.3 6,143.3 6,199 6,028.3 5,814 5,652 5,966 6,067 6,118 6,213 4,572 4,500.8 4,356.5 4,276.2 4,261.6 3,530.6 2,035.8 1,973.4 2,038.8 1,893.0 1,802.6 1,749.5 1,741.7 1,570.3 1,599.1 1,609.0 1,620.6 1,419.7 1,264.3 1,178.7 1,104.6 964.1 1,015.8 842.5 825.1 773.3 723.9 668.5
Total Debt 2,988.7 4,014 4,023.3 4,348.8 2,668.1 2,683.7 2,667.9 2,682.2 2,675.3 2,756.1 2,774.9 2,839.5 2,881.9 2,822.4 2,761.8 2,810.6 3,391.9 3,438.7 3,486.9 3,532.6 3,620.5 3,707.4 3,607.9 3,961.5 3,226.9 2,820.8 2,824.7 2,680.2 924 926.6 928 836.1 852.1 849 855.1 859.2 861.7 863 973 978 999.5 307.5 417.8 444.8 439.2 469.8 393.8 264.0 315.2 349.4 347.0 350.4 318.4 372.0 413.6 449.0 410.8 428.8 381.7 234.8 205.5 159.7 40 79.7 3 0.3 0.5 7 16.1
Stockholders' Equity 2,840.4 2,888.4 2,582.2 2,515.3 2,588.5 2,539.2 2,442.3 2,367 2,450.3 2,571.9 2,369.2 2,441 2,430.5 2,467.8 2,255.6 2,364.1 2,536 2,722.9 2,862.8 2,717.7 2,604.4 2,692 2,544.1 2,555.5 2,693.1 3,116.5 2,913.6 3,012.8 3,287.2 3,353.9 3,462 3,421 3,457.4 3,407.5 3,509.6 3,360.1 3,299.6 3,610 3,598 3,566 3,744 2,995.6 2,831 2,735.1 2,525.4 2,484.4 2,306 1,271.4 1,218.9 1,208.8 1,058.0 1,006.2 998.2 947.4 764.4 726.9 783.2 772.4 753.8 725 677.2 658.9 666.3 641 599.8 584.3 555.5 526.2 481.2
Cash Flow
Operating Cash Flow 145.3 779.6 53.2 176.1 122.2 738.4 97.2 277.3 121 605.1 72.9 270.7 14 395.1 (43.4) 45.3 (105.8) 357.5 216.6 247.6 46.3 347.3 57.6 (70.3) 6.6 543.9 6.7 197.4 100.7 470.1 (17.6) 230.6 24 514.1 102.8 334.2 102.3 618 (11) 243 155 244.6 17.2 98.2 (2.4) 11.8 8.5 120.7 11.5 128.3 16.0 152.7 40.1 85.0 (5.0) 81.0 (18.3) 8.9 191.4 22.9 19.5 (3.8) 37 1.9 3.4 (32.6) 85.3 26.5 17
Capital Expenditure (51.4) (75.6) (93.8) (187.3) (79.9) (61.2) (41.7) (33.4) (39.9) (42.5) (42.8) (39.6) (61.6) (72) (44.5) (39.4) (53.3) (50.2) (35.2) (28.2) (27) (26.9) (32.6) (21.3) (54.3) (85.4) (81.2) (49.4) (48.5) (56.1) (50.8) (42.3) (38.6) (48.3) (32.8) (41.9) (59) (60) (87) (78) (93) (40.5) (48.5) (35.9) (25.6) (13.9) (39.0) (19.5) (27.7) (12.5) (27.0) (20.8) (24.0) (16.2) (37.3) (21.5) (28.3) 19.0 (31.5) (45.3) (64.2) (46.7) (22.6) (57.8) (21.6) (32) (14.7) (14.6) (10.3)
Free Cash Flow 93.9 704 (40.6) (11.2) 42.3 677.2 55.5 243.9 81.1 562.6 30.1 231.1 (47.6) 323.1 (87.9) 5.9 (159.1) 307.3 181.4 219.4 19.3 320.4 25 (91.6) (47.7) 458.5 (74.5) 148 52.2 414 (68.4) 188.3 (14.6) 465.8 70 292.3 43.3 558 (98) 165 62 204.1 (31.2) 62.2 (28.0) (2.1) (30.5) 101.2 (16.2) 115.8 (11.0) 131.9 16.1 68.8 (42.3) 59.5 (46.7) 27.9 159.9 (22.4) (44.7) (50.5) 14.4 (55.9) (18.2) (64.6) 70.6 11.9 6.7