RYAN - Ryan Specialty Holdings, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$46.56
DETAILS
HIGH:
$69.00
LOW:
$31.00
MEDIAN:
$45.00
CONSENSUS:
$46.56
UPSIDE:
25.80%
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||
| Revenue | 916.6 | 795.2 | 751.2 | 754.6 | 855.2 | 690.2 | 663.5 | 604.7 | 695.4 | 552.0 | 532.9 | 501.9 | 585.1 | 457.6 | 435.0 | 412.0 | 491.3 | 386.9 | 378.5 | 352.8 | 390.0 | 311.5 | 326.9 | 236.8 | 246.3 | 208.2 |
| Cost of Revenue | 957.4 | 69.4 | 73.5 | 395.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | (40.7) | 725.8 | 677.7 | 359.0 | 855.2 | 690.2 | 663.5 | 604.7 | 695.4 | 552.0 | 532.9 | 501.9 | 585.1 | 457.6 | 435.0 | 412.0 | 491.3 | 386.9 | 378.5 | 352.8 | 390.0 | 311.5 | 326.9 | 236.8 | 246.3 | 208.2 |
| 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 |
| SG&A Expenses | 227.4 | 0 | 122.8 | 117.6 | 592.3 | 536.3 | 514.8 | 481.9 | 497.0 | 449.4 | 405.3 | 398.5 | 434.0 | 359.4 | 327.7 | 323.1 | 358.6 | 316.6 | 295.8 | 325.3 | 267.5 | 242.0 | 250.7 | 194.4 | 178.7 | 169.8 |
| Other Expenses | 0 | 581.7 | 420.0 | 85.8 | 125.1 | 102.8 | 79.7 | 103.1 | 61.7 | 55.5 | 68.4 | 62.9 | 55.7 | 55.4 | 55.7 | 56.2 | 51.5 | 56.7 | 47.4 | 65.4 | 56.8 | 71.0 | 76.9 | 28.7 | 16.2 | 23.5 |
| Operating Expenses | 227.4 | 581.7 | 542.8 | 203.4 | 717.4 | 639.1 | 594.5 | 585.0 | 558.7 | 504.9 | 473.7 | 461.4 | 489.7 | 414.8 | 383.4 | 379.3 | 410.0 | 373.3 | 343.2 | 390.7 | 324.3 | 313.0 | 327.6 | 223.1 | 194.9 | 193.3 |
| Operating Income | ||||||||||||||||||||||||||
| Operating Income | 130.8 | 144.1 | 134.9 | 155.6 | 137.7 | 51.0 | 69.0 | 19.7 | 136.7 | 47.1 | 59.2 | 40.5 | 95.5 | 42.8 | 51.6 | 32.7 | 81.3 | 13.6 | 35.4 | (38.0) | 65.7 | (1.6) | (0.6) | 13.7 | 51.5 | 14.9 |
| Interest Expense | 56.6 | 53.7 | 53.2 | 56.3 | 58.3 | 54.5 | 48.5 | 49.4 | 31.1 | 29.4 | 29.7 | 31.5 | 28.9 | 29.5 | 29.4 | 28.9 | 24.8 | 21.8 | 19.1 | 21.2 | 19.0 | 20.0 | 20.9 | 10.9 | 6.8 | 8.7 |
| Interest Income | (12.3) | 12.3 | 13.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||
| EBITDA | 118.0 | 170.2 | 171.3 | 192.3 | 268.6 | 173.2 | 180.7 | 110.7 | 200.7 | 106.6 | 119.0 | 103.8 | 150.9 | 99.6 | 107.8 | 88.7 | 133.6 | 63.2 | 81.5 | 11.4 | 113.3 | 47.5 | 50.4 | 41.2 | 68.2 | 34.4 |
| EBIT | 0 | 100.8 | 97.8 | 118.5 | 196.1 | 105.5 | 117.6 | 69.1 | 167.9 | 76.5 | 88.8 | 72.0 | 124.3 | 72.2 | 81.0 | 61.6 | 106.1 | 35.3 | 54.5 | (16.8) | 84.7 | 18.5 | 20.3 | 24.6 | 58.2 | 23.6 |
| Income Before Tax | 130.7 | 47.1 | 44.6 | 59.8 | 137.7 | 51.0 | 69.0 | 19.7 | 136.7 | 47.1 | 59.2 | 40.5 | 95.5 | 42.8 | 51.6 | 32.7 | 81.3 | 13.6 | 35.4 | (38.0) | 65.7 | (1.6) | (0.6) | 13.7 | 51.5 | 14.9 |
| Income Tax Expense | 22.4 | 6.5 | 13.4 | (2.8) | 13.0 | 55.4 | 26.5 | (9.0) | 18.7 | 6.4 | 0.7 | 24.8 | 11.7 | 6.3 | 5.9 | 3.4 | 11.2 | (4.5) | 5.7 | (5.4) | 2.3 | 2.2 | 2.9 | 2.9 | 1.6 | 1.6 |
| Net Income | 108.4 | 40.6 | 8.0 | 31.1 | 52.0 | (27.6) | 13.8 | 17.6 | 46.8 | 16.5 | 22.8 | (5.0) | 30.1 | 13.2 | 17.9 | 11.7 | 24.5 | 6.9 | 10.1 | (1.3) | 63.4 | (6.3) | (4.4) | 10.2 | 49.9 | 12.3 |
| Per Share Data | ||||||||||||||||||||||||||
| EPS (Basic) | 0.14 | 0.31 | 0.06 | 0.24 | 0.41 | -0.22 | 0.12 | 0.21 | 0.38 | 0.14 | 0.20 | -0.04 | 0.27 | 0.33 | 0.41 | 0.27 | 0.24 | 0.17 | -0.57 | -0.16 | 0.60 | -0.06 | -0.04 | 0.10 | 0.47 | 0.12 |
| EPS (Diluted) | 0.14 | 0.31 | 0.03 | 0.11 | 0.19 | -0.22 | 0.05 | 0.09 | 0.17 | 0.06 | 0.19 | -0.04 | 0.26 | 0.28 | 0.17 | 0.11 | 0.22 | 0.07 | -0.55 | -0.16 | 0.60 | -0.06 | -0.04 | 0.10 | 0.47 | 0.12 |
| Shares Outstanding | 0 | 129.6 | 129.6 | 127.9 | 126.5 | 126.0 | 125.4 | 121.9 | 118.4 | 117.8 | 115.1 | 115.9 | 112.9 | 111.0 | 112.4 | 109.4 | 111.2 | 106.6 | 109.9 | 105.3 | 106.5 | 106.5 | 106.5 | 106.5 | 106.5 | 106.5 |
| Metric | 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 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 140.1 | 154.7 | 158.3 | 153.5 | 172.6 | 203.5 | 540.2 | 235.2 | 612.4 | 665.4 | 838.8 | 754.4 | 966.0 | 704.7 | 992.7 | 833.1 | 866.7 | 706.4 | 387.0 | 413.7 | 307.5 | 159.2 | 312.7 | (52.0) |
| Short-Term Investments | 0 | 0 | 0 | 3.1 | 7.0 | 9.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104.0 |
| Net Receivables | 697.6 | 565.3 | 489.0 | 4,227.7 | 5,030.8 | 4,347.4 | 4,173.8 | 334.6 | 384.4 | 299.2 | 294.2 | 238.8 | 301.2 | 234.8 | 231.4 | 187.3 | 245.4 | 190.2 | 210.9 | 172.3 | 207.9 | 159.0 | 177.7 | 0 |
| Inventory | 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 Assets | 5,704.7 | 4,793.1 | 0 | 0 | 0 | 0 | (4,792.4) | (623.8) | (1,031.0) | (998.1) | 3,153.0 | 2,558.5 | 3,366.5 | 2,506.4 | 2,640.3 | 2,151.7 | 2,821.4 | 2,126.2 | 2,392.0 | 1,917.2 | 2,303.4 | 1,812.0 | 1,994.2 | 0 |
| Total Current Assets | 6,642.6 | 5,578.8 | 647.3 | 4,463.6 | 5,281.3 | 4,624.9 | 0 | 0 | 0 | 0 | 4,335.6 | 3,586.4 | 4,659.4 | 3,468.9 | 3,894.1 | 3,199.6 | 3,955.4 | 3,040.6 | 3,011.0 | 2,530.9 | 2,841.1 | 2,149.4 | 2,493.3 | 52.0 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 191.5 | 191.9 | 199.9 | 204.3 | 200.7 | 192.0 | 183.5 | 168.3 | 167.7 | 164.3 | 170.1 | 164.0 | 169.0 | 173.5 | 175.1 | 158.0 | 148.0 | 114.3 | 100.2 | 95.3 | 102.5 | 106.1 | 111.4 | 0 |
| Goodwill | 3,215.7 | 3,217.4 | 3,225.0 | 3,129.9 | 3,085.2 | 3,024.3 | 2,646.7 | 2,341.3 | 1,814.8 | 1,647.3 | 1,646.5 | 1,581.8 | 1,379.1 | 1,379.2 | 1,315.0 | 1,314.3 | 1,313.4 | 1,314.3 | 1,309.3 | 1,224.0 | 1,224.3 | 1,224.2 | 1,224.2 | 0 |
| Intangible Assets | 127.1 | 127.1 | 119.6 | 1,619.9 | 1,635.7 | 1,652.7 | 1,475.7 | 1,352.7 | 672.8 | 591.8 | 610.7 | 591.9 | 493.9 | 514.6 | 486.4 | 501.3 | 524.8 | 549.1 | 573.9 | 527.8 | 552.9 | 578.3 | 604.8 | 0 |
| Long-Term Investments | 121.7 | 116.4 | 110.0 | 101.8 | 96.0 | 72.4 | 70.9 | 75.6 | 88.2 | 89.4 | 75.8 | 92.1 | 90.8 | 78.4 | 84.4 | 38.5 | 40.5 | 41.8 | 45.4 | 47.1 | 46.9 | 46.6 | 47.2 | 0 |
| Other Non-Current Assets | 1,411.5 | 1,474.4 | 5,952.2 | 14.2 | 15.5 | 14.8 | (4,376.7) | (3,938.0) | (2,743.5) | (2,875.3) | 408.6 | 409.6 | 443.7 | 432.5 | 428.7 | 476.3 | 460.2 | 425.4 | 418.9 | 433.4 | 39.5 | 45.7 | 48.5 | (52.0) |
| Total Non-Current Assets | 5,324.1 | 5,432.8 | 9,916.9 | 5,388.2 | 5,344.4 | 5,265.1 | 0 | 0 | 0 | 0 | 2,911.6 | 2,839.4 | 2,576.4 | 2,578.0 | 2,489.7 | 2,488.4 | 2,487.0 | 2,445.0 | 2,447.7 | 2,327.5 | 1,966.1 | 2,000.9 | 2,036.0 | (52.0) |
| Total Assets | 11,966.6 | 11,011.6 | 10,564.2 | 9,851.9 | 10,625.8 | 9,890.0 | 9,649.9 | 8,478.5 | 8,272.4 | 7,116.5 | 7,247.2 | 6,425.9 | 7,235.8 | 6,047.0 | 6,383.7 | 5,688.0 | 6,442.4 | 5,485.6 | 5,458.7 | 4,858.5 | 4,807.1 | 4,150.3 | 4,529.4 | 0 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 340.8 | 237.7 | 217.3 | 0 | 0 | 0 | 0 | 182.0 | 114.4 | 174.8 | 127.5 | 96.2 | 91.0 | 63.0 | 87.0 | 71.4 | 71.0 | 84.0 | 83.9 | 48.5 | 50.2 | 60.6 | 70.2 | 0 |
| Short-Term Debt | 62.5 | 35.4 | 60.2 | 41.8 | 61.7 | 36.2 | 51.7 | 33.3 | 33.0 | 39.4 | 35.4 | 35.6 | 30.6 | 22.5 | 30.6 | 29.1 | 28.9 | 22.6 | 23.4 | 26.7 | 22.5 | 21.8 | 19.0 | 0 |
| Deferred Revenue | (0.1) | 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 | (340.7) | 4,898.4 | (217.3) | 37.7 | 41.3 | 38.9 | 39.9 | 3,381.2 | 4,108.4 | 3,237.3 | 3,140.5 | 2,539.8 | 3,332.6 | 2,486.2 | 2,643.6 | 2,157.5 | 2,826.3 | 2,141.1 | 2,405.7 | 1,930.7 | 2,438.9 | 1,852.5 | 2,014.1 | 0 |
| Total Current Liabilities | 90.4 | 5,456.0 | 86.2 | 540.6 | 645.9 | 384.8 | 649.4 | 3,965.9 | 4,696.1 | 3,677.4 | 3,744.3 | 2,981.8 | 3,827.5 | 2,766.6 | 3,134.4 | 2,517.8 | 3,347.3 | 2,505.3 | 2,918.1 | 2,360.7 | 2,846.0 | 2,154.7 | 2,472.8 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 3,570.7 | 3,680.1 | 3,291.5 | 3,349.4 | 3,410.4 | 3,652.8 | 3,231.1 | 2,646.6 | 1,940.9 | 1,942.5 | 1,943.8 | 1,945.5 | 1,948.8 | 1,950.3 | 1,951.8 | 1,953.4 | 1,955.0 | 1,956.6 | 1,566.6 | 1,568.3 | 1,570.2 | 1,571.9 | 1,566.1 | 0 |
| Deferred Tax Liabilities | 45.6 | 47.4 | 49.8 | 37.7 | 41.3 | 38.9 | 39.9 | 21.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 7,097.3 | 609.2 | 5,729.6 | 4,533.0 | 5,188.6 | 4,600.4 | 4,471.9 | 594.9 | 412.8 | 374.1 | 425.0 | 400.3 | 353.7 | 327.0 | 327.7 | 324.1 | 313.3 | 307.8 | 304.8 | 288.2 | 80.1 | 89.1 | 86.4 | 0 |
| Total Non-Current Liabilities | 10,860.1 | 4,336.6 | 9,223.9 | 8,079.4 | 8,797.7 | 8,447.9 | 7,902.2 | 3,411.1 | 2,503.0 | 2,464.4 | 2,523.3 | 2,502.8 | 2,464.4 | 2,428.8 | 2,431.6 | 2,412.6 | 2,393.6 | 2,356.3 | 1,945.8 | 1,926.5 | 1,726.4 | 1,739.6 | 1,736.3 | 0 |
| Total Liabilities | 10,950.5 | 9,792.6 | 9,310.1 | 8,620.0 | 9,443.6 | 8,832.7 | 8,551.6 | 7,377.0 | 7,199.2 | 6,141.7 | 6,267.6 | 5,484.6 | 6,291.9 | 5,195.4 | 5,565.9 | 4,930.4 | 5,740.9 | 4,861.6 | 4,863.9 | 4,287.2 | 4,572.4 | 3,894.3 | 4,209.2 | 0 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 346.6 | 343.6 | 0 | 0 |
| Retained Earnings | 145.3 | 120.5 | 120.4 | 128.8 | 115.4 | 79.3 | 122.9 | 125.0 | 121.6 | 88.5 | 114.4 | 92.2 | 97.2 | 67.1 | 54.0 | 36.1 | 24.3 | (0.2) | (7.1) | (17.1) | (369.6) | (418.9) | 0 | 0 |
| Accumulated Other Comprehensive Income | 16.6 | 9.4 | 13.8 | 11.1 | 15.4 | 4.5 | (1.8) | 7.1 | 5.9 | 6.1 | 3.1 | 8.2 | 8.5 | 4.3 | 6.0 | 4.4 | (1.3) | 0.4 | 1.7 | 1.8 | 2.4 | 1.6 | 69.8 | (75.4) |
| Total Stockholders' Equity | 509.4 | 636.2 | 648.1 | 630.5 | 610.1 | 542.5 | 627.7 | 632.8 | 605.9 | 554.4 | 559.8 | 543.0 | 558.9 | 508.6 | 478.4 | 442.7 | 409.3 | 371.9 | 343.8 | 328.9 | 234.7 | 256.1 | 318.9 | 63.2 |
| Total Liabilities & Equity | 11,966.6 | 11,011.6 | 10,564.2 | 9,851.9 | 10,625.8 | 9,890.0 | 9,649.9 | 8,478.5 | 8,272.4 | 7,116.5 | 7,247.2 | 6,425.9 | 7,235.8 | 6,047.0 | 6,383.7 | 5,688.0 | 6,442.4 | 5,485.6 | 5,458.7 | 4,858.5 | 4,807.1 | 4,150.3 | 4,529.4 | 63.2 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 3,807.6 | 3,742.7 | 3,530.7 | 3,575.0 | 3,652.9 | 3,867.0 | 3,464.2 | 2,849.8 | 2,143.5 | 2,149.2 | 2,155.0 | 2,158.0 | 2,160.4 | 2,144.6 | 2,157.2 | 2,136.8 | 2,127.6 | 2,089.4 | 1,683.3 | 1,683.9 | 1,688.7 | 1,692.4 | 1,689.0 | 0 |
| Net Debt | 3,667.4 | 3,588.0 | 3,372.4 | 3,421.5 | 3,480.3 | 3,663.5 | 2,924.0 | 2,614.6 | 1,531.0 | 1,483.8 | 1,316.2 | 1,403.6 | 1,194.4 | 1,439.9 | 1,164.5 | 1,303.6 | 1,260.9 | 1,383.1 | 1,296.3 | 1,270.2 | 1,381.2 | 1,533.2 | 1,376.3 | 52.0 |
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | 108.4 | 40.6 | 31.2 | 62.6 | 52.0 | (4.4) | 42.6 | 28.6 | 118.0 | 40.7 | 58.5 | (5.0) | 30.1 | 13.2 | 17.9 | 29.3 | 70.1 | 6.9 | 10.1 | (32.6) | 63.4 | (3.8) | (3.5) | 10.8 | 49.9 | 13.3 |
| Depreciation & Amortization | 68.5 | 69.4 | 73.5 | 73.8 | 72.6 | 67.6 | 63.1 | 41.6 | 32.8 | 30.1 | 30.1 | 31.8 | 26.5 | 27.4 | 26.8 | 27.1 | 27.5 | 27.9 | 27.0 | 28.2 | 28.5 | 29.0 | 30.1 | 16.7 | 10.0 | 10.8 |
| Stock-Based Compensation | 1.0 | 17.4 | 18.5 | 11.2 | 19.9 | 19.9 | 17.3 | 23.5 | 20.9 | 17.3 | 15.6 | 8.3 | 18.6 | 17.9 | 16.4 | 18.1 | 19.8 | 23.2 | 39.6 | 39.3 | 3.2 | 4.4 | 4.4 | 2.2 | 1.5 | 2.7 |
| Change in Working Capital | 308.5 | (308.5) | 121.4 | 10.3 | 117.8 | (286.7) | 106.4 | (7.6) | 79.1 | (207.2) | 113.6 | 12.6 | 160.5 | (248.8) | 86.4 | (113.2) | 99.0 | (147.2) | 21.4 | (6.6) | 70.6 | (114.9) | 91.3 | (103.2) | 34.0 | (61.9) |
| Other Non-Cash Items | (210.5) | 10.6 | 3.1 | 9.4 | 91.3 | 10.0 | 4.7 | 31.8 | 6.5 | 0.5 | 5.2 | 57.9 | 57.9 | 31.2 | 37.0 | 13.5 | 13.0 | 23.7 | 21 | 24.2 | 16.8 | 10.6 | 10.6 | 7.7 | 4.8 | 3.1 |
| Operating Cash Flow | 293.0 | (167.4) | 263.2 | 169.7 | 353.6 | (142.8) | 259.6 | 100.9 | 270.8 | (116.5) | 226.9 | 105.5 | 304.0 | (159.2) | 184.5 | (13.7) | 230.2 | (65.5) | 119.1 | 46.7 | 182.5 | (74.8) | 133.1 | (66.1) | 100.4 | (32.0) |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditure | (17.2) | (13.3) | (17.3) | (14.1) | (19.8) | (16.7) | (17.3) | (7.1) | (15.0) | (7.6) | (13.8) | (10.7) | (2.6) | (2.8) | (10.7) | (5.2) | (4.6) | (2.2) | (3.4) | (2.5) | (1.7) | (2.2) | (1.9) | (2.7) | (2.5) | (5.3) |
| Acquisitions | 0 | 0 | (109.6) | (71.7) | (9.5) | (555.6) | (452.0) | (1,042.6) | (214.1) | 0 | (80.5) | (262.2) | (1.9) | (102.1) | 0 | 0 | 0 | 0 | (108.9) | 0 | 0 | 0 | (6.3) | (808.5) | 0 | (23.5) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 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 | (1.6) | 0 | 0 | (2.4) | (16.6) | (0.7) | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.0 | 0 | 0 | 0.3 | 0.5 | (0.5) | (0.3) | (342.8) | 3.8 | 0 | (3.1) | (1.9) | (0.1) | (9.4) |
| Investing Cash Flow | (18.7) | (13.3) | (126.8) | (88.2) | (45.9) | (573.0) | (469.3) | (1,049.7) | (229.1) | (7.6) | (94.3) | (272.7) | (4.4) | (104.9) | (10.7) | (4.9) | (4.1) | (2.7) | (112.5) | (345.3) | 2.1 | (2.2) | (11.3) | (813.2) | (2.7) | (38.2) |
| Financing Activities | ||||||||||||||||||||||||||
| Net Debt Issuance | 34.9 | 241.3 | (56.9) | (68.0) | (240.6) | 419.8 | 592.2 | 702.8 | (8.2) | 0 | (4.1) | (4.1) | (4.1) | (4.1) | (4.1) | (4.1) | (4.1) | 389.9 | (4.1) | (5.3) | (8.3) | (0.0) | (4.4) | 973.1 | (65.5) | 148.3 |
| Stock Repurchased | (260.2) | (40.0) | (3.5) | (0.1) | (13.0) | (1.7) | (0.1) | (0.1) | 0 | 0 | (1.7) | (5.2) | (1.5) | (0.4) | (0.3) | (5.8) | (1.0) | (0.1) | (7.1) | (964.0) | (3.9) | 0 | (7.6) | (5.8) | (7.1) | (32.0) |
| Dividends Paid | (16.9) | (16.8) | (15.5) | (16.3) | (15.4) | (15.1) | (13.7) | (13.5) | (13.0) | (40.0) | 0 | 0 | 0 | 0 | (7.2) | (6.5) | (26.0) | (0.2) | (0.1) | 0 | (23.8) | (23.2) | (4.4) | (32.1) | (1.0) | (12.6) |
| Other Financing Activities | 246.2 | (98.2) | 152.1 | (144.6) | 166.5 | (66.2) | (36.9) | (136.1) | 103.7 | 31.7 | 25.2 | (173.5) | 186.1 | (25.1) | 66.1 | (103.1) | 102.2 | (80.8) | 94.5 | (120.4) | 154.7 | (114.9) | (8.1) | 48.5 | (0.0) | 0 |
| Financing Cash Flow | 4.0 | 86.3 | 72.8 | (229.1) | (102.5) | 336.8 | 541.5 | 553.2 | 82.4 | (10.2) | 19.3 | (182.8) | 180.4 | (29.6) | 54.4 | (119.4) | 71.0 | 308.7 | 83.2 | 365.5 | 118.7 | (138.2) | (24.5) | 983.7 | (73.7) | 103.6 |
| Cash Position | ||||||||||||||||||||||||||
| Net Change in Cash | 278.0 | (99.6) | 210.6 | (144.9) | (31.0) | (368.9) | 324.7 | (388.0) | 122.8 | (135.0) | 153.3 | (350.1) | 479.3 | (293.6) | 229.4 | (139.7) | 296.7 | 241.4 | 90.4 | 66.0 | 303.6 | (216.0) | 99.9 | 105.5 | 24.2 | 31.1 |
| Cash at Beginning | 1,484.9 | 1,584.5 | 1,373.9 | 1,518.8 | 203.5 | 1,680.8 | 1,356.1 | 1,744.1 | 1,621.3 | 1,756.3 | 1,603 | 1,953.1 | 1,473.8 | 1,767.4 | 1,538.0 | 1,677.7 | 1,381.0 | 1,139.7 | 1,049.3 | 983.3 | 679.7 | 895.7 | 212.8 | 107.3 | 83.1 | 52.0 |
| Cash at End | 1,762.9 | 1,484.9 | 1,584.5 | 1,373.9 | 172.6 | 1,311.9 | 1,680.8 | 1,356.1 | 1,744.1 | 1,621.3 | 1,756.3 | 1,603 | 1,953.1 | 1,473.8 | 1,767.4 | 1,538.0 | 1,677.7 | 1,381.0 | 1,139.7 | 1,049.3 | 983.3 | 679.7 | 312.7 | 212.8 | 107.3 | 83.1 |
| Free Cash Flow | 275.9 | (180.7) | 246.0 | 155.5 | 333.8 | (159.6) | 242.3 | 93.8 | 255.8 | (124.2) | 213.1 | 94.8 | 301.5 | (162.0) | 173.8 | (19.0) | 225.6 | (67.7) | 115.8 | 44.2 | 180.8 | (77.0) | 131.2 | (68.8) | 97.8 | (37.3) |
| Key Metrics | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||
| Revenue | 916.6 | 795.2 | 751.2 | 754.6 | 855.2 | 690.2 | 663.5 | 604.7 | 695.4 | 552.0 | 532.9 | 501.9 | 585.1 | 457.6 | 435.0 | 412.0 | 491.3 | 386.9 | 378.5 | 352.8 | 390.0 | 311.5 | 326.9 | 236.8 | 246.3 | 208.2 |
| Gross Profit | (40.7) | 725.8 | 677.7 | 359.0 | 855.2 | 690.2 | 663.5 | 604.7 | 695.4 | 552.0 | 532.9 | 501.9 | 585.1 | 457.6 | 435.0 | 412.0 | 491.3 | 386.9 | 378.5 | 352.8 | 390.0 | 311.5 | 326.9 | 236.8 | 246.3 | 208.2 |
| Operating Income | 130.8 | 144.1 | 134.9 | 155.6 | 137.7 | 51.0 | 69.0 | 19.7 | 136.7 | 47.1 | 59.2 | 40.5 | 95.5 | 42.8 | 51.6 | 32.7 | 81.3 | 13.6 | 35.4 | (38.0) | 65.7 | (1.6) | (0.6) | 13.7 | 51.5 | 14.9 |
| Net Income | 108.4 | 40.6 | 8.0 | 31.1 | 52.0 | (27.6) | 13.8 | 17.6 | 46.8 | 16.5 | 22.8 | (5.0) | 30.1 | 13.2 | 17.9 | 11.7 | 24.5 | 6.9 | 10.1 | (1.3) | 63.4 | (6.3) | (4.4) | 10.2 | 49.9 | 12.3 |
| EPS (Diluted) | 0.14 | 0.31 | 0.03 | 0.11 | 0.19 | -0.22 | 0.05 | 0.09 | 0.17 | 0.06 | 0.19 | -0.04 | 0.26 | 0.28 | 0.17 | 0.11 | 0.22 | 0.07 | -0.55 | -0.16 | 0.60 | -0.06 | -0.04 | 0.10 | 0.47 | 0.12 |
| Balance Sheet | ||||||||||||||||||||||||||
| Cash & Equivalents | 140.1 | 154.7 | 158.3 | 153.5 | 172.6 | 203.5 | 540.2 | 235.2 | 612.4 | 665.4 | 838.8 | 754.4 | 966.0 | 704.7 | 992.7 | 833.1 | 866.7 | 706.4 | 387.0 | 413.7 | 307.5 | 159.2 | 312.7 | (52.0) | ||
| Total Assets | 11,966.6 | 11,011.6 | 10,564.2 | 9,851.9 | 10,625.8 | 9,890.0 | 9,649.9 | 8,478.5 | 8,272.4 | 7,116.5 | 7,247.2 | 6,425.9 | 7,235.8 | 6,047.0 | 6,383.7 | 5,688.0 | 6,442.4 | 5,485.6 | 5,458.7 | 4,858.5 | 4,807.1 | 4,150.3 | 4,529.4 | 0 | ||
| Total Debt | 3,807.6 | 3,742.7 | 3,530.7 | 3,575.0 | 3,652.9 | 3,867.0 | 3,464.2 | 2,849.8 | 2,143.5 | 2,149.2 | 2,155.0 | 2,158.0 | 2,160.4 | 2,144.6 | 2,157.2 | 2,136.8 | 2,127.6 | 2,089.4 | 1,683.3 | 1,683.9 | 1,688.7 | 1,692.4 | 1,689.0 | 0 | ||
| Stockholders' Equity | 509.4 | 636.2 | 648.1 | 630.5 | 610.1 | 542.5 | 627.7 | 632.8 | 605.9 | 554.4 | 559.8 | 543.0 | 558.9 | 508.6 | 478.4 | 442.7 | 409.3 | 371.9 | 343.8 | 328.9 | 234.7 | 256.1 | 318.9 | 63.2 | ||
| Cash Flow | ||||||||||||||||||||||||||
| Operating Cash Flow | 293.0 | (167.4) | 263.2 | 169.7 | 353.6 | (142.8) | 259.6 | 100.9 | 270.8 | (116.5) | 226.9 | 105.5 | 304.0 | (159.2) | 184.5 | (13.7) | 230.2 | (65.5) | 119.1 | 46.7 | 182.5 | (74.8) | 133.1 | (66.1) | 100.4 | (32.0) |
| Capital Expenditure | (17.2) | (13.3) | (17.3) | (14.1) | (19.8) | (16.7) | (17.3) | (7.1) | (15.0) | (7.6) | (13.8) | (10.7) | (2.6) | (2.8) | (10.7) | (5.2) | (4.6) | (2.2) | (3.4) | (2.5) | (1.7) | (2.2) | (1.9) | (2.7) | (2.5) | (5.3) |
| Free Cash Flow | 275.9 | (180.7) | 246.0 | 155.5 | 333.8 | (159.6) | 242.3 | 93.8 | 255.8 | (124.2) | 213.1 | 94.8 | 301.5 | (162.0) | 173.8 | (19.0) | 225.6 | (67.7) | 115.8 | 44.2 | 180.8 | (77.0) | 131.2 | (68.8) | 97.8 | (37.3) |