Sabra Health Care REIT, Inc. logo SBRA - Sabra Health Care REIT, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 11
HOLD 16
SELL 2
STRONG
SELL
0
| PRICE TARGET: $21.80 DETAILS
HIGH: $22.00
LOW: $21.00
MEDIAN: $22.00
CONSENSUS: $21.80
UPSIDE: 5.21%
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 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4
Revenue
Revenue 221.8 211.9 190.0 189.2 183.5 182.3 178.0 176.1 166.7 163.4 161.0 160.5 160.5 84.1 136.4 153.4 158.0 (30.9) 288.7 (16.9) 147.4 167.3 146.0 140.1 147.4 102.6 149.8 219.4 136.8 139.2 151.8 166.3 166.1 166.5 111.8 64.7 62.6 61.8 61.9 74.2 62.6 66.8 59.9 56.6 55.6 55.7 44.0 43.0 40.9 37.6 32.9 32.3 32.0 28.3 26.0 25.1 23.7 26.3 21.5 18.8 17.6 8.8
Cost of Revenue 85.6 80.4 69.7 61.1 59.9 59.8 58.5 54.8 54.0 49.9 49.2 49.2 47.6 43.9 41.6 38.6 38.6 35.9 35.8 33.8 36.1 33.1 31.7 31.7 32.5 30.9 29.6 30.5 17.3 12.5 12.6 12.3 12.1 5.9 5.1 4.4 2.4 1.4 1.4 1.4 1.4 1.1 3.8 1.7 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 136.1 131.5 120.4 128.0 123.6 122.5 119.5 121.4 112.8 113.5 111.8 111.3 112.9 40.2 94.8 114.8 119.4 (66.9) 252.9 (50.6) 111.2 134.2 114.3 108.4 114.8 71.8 120.2 188.9 119.4 126.7 139.2 154.0 154.0 160.5 106.7 60.3 60.2 60.3 60.5 72.8 61.1 65.6 56.1 54.9 55.1 55.7 44.0 43.0 40.9 37.6 32.9 32.3 32.0 28.3 26.0 25.1 23.7 26.3 21.5 18.8 17.6 8.8
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
SG&A Expenses 14.9 15.9 12.6 12.5 12.7 13.0 12.4 12.7 11.9 16.7 10.8 9.5 10.5 10.9 9.7 8.6 10.4 8.2 8.7 8.8 8.9 8.1 7.2 8.8 8.7 5.7 8.7 8.1 8.2 11.3 8.0 9.3 7.9 8.2 12.9 11.1 6.9 4.4 6.2 4.6 4.7 4.6 4.0 9.9 8.0 9.3 6.2 7.9 5.9 5.2 3.1 3.4 4.7 4.5 3.8 3.5 4.3 4.2 4.7 2.9 2.7 1.6
Other Expenses 81.8 51.0 48.3 43.6 43.5 42.2 42.7 41.7 42.9 42.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.2 (0.0) 0.2 0.3 1.3 46.2 2.8 0.0 0.1 0.9 2.1 5.3 2.9 2.4 20.3 2.6 (0.1) (0.1) (0.1) 0.7 (0.1) 0.7 0.3 (0.2) 0.3 (1.4) 0.5 2.2 7.5 7.6 7.3 7.4 6.8 6.3 6.1 0
Operating Expenses 96.6 66.9 60.8 56.1 56.2 55.2 55.1 54.4 54.8 59.2 10.8 9.5 10.5 10.9 9.7 8.6 10.4 8.2 8.7 8.8 8.9 8.1 7.2 8.8 8.7 5.7 51.9 57.7 54.3 89.0 65.4 55.4 57.1 69.5 44.0 28.9 27.8 23.9 23.8 21.3 25.0 29.0 22.8 27.3 22.2 23.8 16.0 17.7 15.2 13.8 11.3 11.6 13.0 12.4 11.3 11.0 11.6 11.6 11.5 9.2 8.8 1.6
Operating Income
Operating Income 39.5 64.6 59.6 71.9 67.4 67.3 64.4 67.0 58.0 54.3 101.1 101.8 102.4 29.3 85.1 106.2 109.0 (75.1) 244.2 (59.5) 102.3 126.1 107.1 99.6 106.2 66.1 68.4 131.2 65.1 37.7 73.8 98.6 96.9 91.0 62.7 31.4 32.5 36.5 36.7 51.5 36.1 36.7 37.1 29.3 33.4 31.9 28.0 25.3 25.6 23.8 21.6 20.6 19.1 15.9 14.8 14.1 12.1 14.8 10.0 9.6 8.8 0.2
Interest Expense 28.4 28.9 31.0 27.5 27.1 28.1 29.5 29.3 28.4 43.5 28.2 28.3 28.5 27.9 27.1 25.5 25.0 25.7 24.2 24.3 24.4 24.5 24.9 25.3 25.7 27.4 29.3 33.6 36.3 37.2 37.3 36.8 35.8 32.2 24.6 15.9 15.8 15.7 15.8 16.4 16.9 16.1 15.2 14.1 13.9 14.3 10.5 11.0 11.1 10.6 9.7 10.1 10.0 11.6 9.5 8.1 7.7 7.6 7.6 7.5 7.6 0
Interest Income 0 0 0 0 0 0 0 0 0 15.6 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.6 0.3 0 0 0 0 0 0
Profitability
EBITDA 92.6 108.0 100.4 137.2 111.3 125.2 101.7 95.4 98.0 88.5 101.1 101.8 102.4 22.7 85.1 106.2 109.0 (61.6) 244.2 (59.5) 102.3 125.2 107.1 99.6 106.2 65.6 111.1 177.1 (30.7) 87.8 126.4 250.6 144.0 148.1 93.5 66.8 19.1 53.9 71.4 70.3 18.9 59.3 49.5 45.4 47.5 51.0 37.5 35.5 13.2 32.1 29.8 17.7 27.8 23.5 21.8 21.4 7.3 22.1 6.8 15.9 6.1 3.3
EBIT 39.5 56.6 51.9 93.6 67.8 82.9 59.0 53.7 55.1 45.6 57.8 57.7 49.6 (20.6) 37.7 61.0 63.8 (120.2) 199.1 (104.0) 57.9 81.9 62.9 55.4 62.0 27.8 53.4 118.1 55.4 25.8 73.3 103.2 98.8 136.7 39.4 36.5 34.8 38.9 41.3 53.9 1.2 41.2 33.2 30.9 33.3 36.5 27.7 25.8 3.8 23.6 21.6 9.5 19.6 15.6 14.3 13.8 12.1 14.8 10.0 9.6 8.8 0.2
Income Before Tax 39.4 27.6 23.0 66.0 40.7 47.1 29.5 24.4 26.7 17.6 (14.6) 21.5 (8.8) (84.8) (49.5) 17.1 40.9 (23.8) 10.3 (132.1) 34.1 36.5 36.3 30.1 36.3 40.9 24.1 84.5 (77.1) (18.2) 36.0 201.4 63.0 104.5 14.9 20.5 18.8 23.2 25.3 37.5 (15.7) 25.1 18.0 16.8 19.4 22.2 17.2 14.8 (7.3) 13.0 11.8 (0.7) 9.6 4.0 5.2 5.9 4.4 12.8 2.3 2.1 0 0.2
Income Tax Expense 0.5 0.5 0.4 0.5 0.4 0.4 (0.3) 0.4 0.5 0.5 0.5 0.3 0.7 0.1 0.6 0.3 0.3 0.5 0.1 0.5 0.7 (0.6) (0.1) 0.4 1.0 1.1 0.8 0.9 0.6 1.2 0.7 0.6 0.5 0.5 (0.2) 16.8 17.9 0.1 18.7 18.8 0 0.0 15.0 13.9 13.8 0.0 10.4 11.6 0 10.4 10.0 0 10.5 0 0 0 0 5.7 0 0 7.6 0.2
Net Income 40.9 27.2 22.5 65.5 40.3 46.7 29.8 24.0 26.3 17.2 (15.1) 21.2 (9.5) (84.9) (50.1) 16.8 40.6 (24.4) 10.2 (132.6) 33.4 37.1 36.5 29.6 35.2 39.7 23.3 83.7 (77.7) (19.4) 35.2 193.6 59.9 101.4 12.5 18.0 16.3 20.6 22.8 34.9 (15.7) 22.5 15.5 14.3 16.9 19.7 14.6 12.2 (7.3) 10.4 9.2 (0.7) 9.3 4.0 5.2 5.9 4.4 7.2 2.3 2.1 1.2 0.0
Per Share Data
EPS (Basic) 0.16 0.11 0.09 0.28 0.17 0.20 0.13 0.10 0.11 0.07 -0.07 0.09 -0.04 -0.37 -0.22 0.07 0.18 -0.11 0.05 -0.62 0.16 0.18 0.18 0.14 0.17 0.20 0.12 0.46 -0.44 -0.11 0.20 1.09 0.34 0.57 0.11 0.27 0.25 0.32 0.35 0.53 -0.24 0.35 0.24 0.24 0.29 0.36 0.31 0.28 -0.19 0.27 0.25 -0.02 0.25 0.11 0.14 0.16 0.12 0.19 0.07 0.08 0.05 0.00
EPS (Diluted) 0.16 0.11 0.09 0.27 0.17 0.19 0.13 0.10 0.11 0.07 -0.07 0.09 -0.04 -0.37 -0.22 0.07 0.18 -0.11 0.05 -0.61 0.16 0.18 0.18 0.14 0.17 0.20 0.12 0.46 -0.44 -0.11 0.20 1.08 0.34 0.57 0.11 0.27 0.25 0.31 0.35 0.53 -0.24 0.34 0.24 0.24 0.28 0.35 0.31 0.28 -0.19 0.27 0.24 -0.02 0.25 0.11 0.14 0.16 0.12 0.19 0.07 0.08 0.05 0.00
Shares Outstanding 252.1 249.4 239.9 238.0 237.9 236.6 234.3 231.6 231.5 231.2 231.2 231.2 231.2 231.0 231.0 231.0 230.9 219.3 220.9 214.4 211.5 208.1 205.8 205.6 205.4 197.8 190.7 181.6 176.6 175.8 178.3 178.3 178.3 178.2 112.1 65.4 65.4 65.3 65.3 65.3 65.2 65.2 65.2 59.3 59.2 55.2 47.4 43.7 39.0 38.1 37.4 37.4 37.3 37.1 37.2 37.1 37.0 37.0 33.0 25.2 25.1 25.1
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 123.5 71.5 200.6 95.2 22.7 60.5 63.0 36.4 59.9 41.3 33.3 27.2 33.5 49.3 26.3 67.2 24.8 112.0 546.3 69.3 24.9 59.1 35.0 28.2 54.1 39.1 29.4 47.6 22.9 50.2 36.3 38.8 46.4 518.6 30.9 13.2 12.8 25.7 19.7 103.9 9.1
Short-Term 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 148.1 111.3 113.2 155.0 126.4 131.8 121.5 146.1 148.4 496.6 513.3 507.9 489.1 508.2 490.2 517.0 496.6 480.1 191.8 235.8 244.8 219.5 221.0 217.5 232.2 213.5 209.6 249.7 259.0 236.6 308.0 303.6 301.3 234.8 309.3 94.2 96.5 149.9 94.5 120.3 297.5
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets (148.1) 6.6 6.9 6.5 6.2 5.9 6.0 5.9 6.0 5.4 5.6 5.1 5.2 4.6 4.9 4.4 4.4 3.9 5.1 4.6 4.6 6.4 6.8 8.6 8.4 10.0 10.2 9.9 280.5 9.4 103.2 186.8 11.8 68.8 12.5 9.4 11.2 (116.3) 9.2 9.0 84.2
Total Current Assets 123.5 189.4 320.7 256.7 155.3 198.1 190.4 188.4 214.3 543.3 552.1 540.3 527.8 562.2 521.4 588.5 525.9 596.0 743.2 309.8 274.3 285.1 262.9 254.3 294.6 262.7 249.3 307.2 562.4 296.3 447.5 529.2 359.4 822.2 352.7 258.0 246.5 184.5 239.6 344.7 510.4
Non-Current Assets
Property, Plant & Equipment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5,228.7 0 0 10 0 0 0 9.3 5,354.4 5,388.4 5,447.2 5,853.5 5,975.6 5,993.7 6,108.8 5,994.4 5,972.8 1,995.9 1,993.6 2,009.9 1,999.8 1,908.7 1,923.8
Goodwill 0 0 0 24.7 24.8 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
Intangible Assets 67.4 65.3 59.8 0 0 27.5 0 0 0 30.9 0 0 0 40.1 0 0 0 54.1 76.4 0 0 0 0 0 0 0 105.0 108.9 119.7 131.1 142.9 156.3 161.4 167.1 262.8 0 0 26.2 0 0 0
Long-Term Investments 5,259.9 183.5 182.0 189.5 182.8 182.9 190.6 187.1 191.8 194.7 192.7 196.1 192.1 186.0 256.4 278.0 150.1 153.7 161.2 163.3 328.6 332.7 336.5 317.3 337.7 363.8 368.7 328.2 335.7 384.4 344.3 348.9 354.9 48.5 0 0 0 45.2 0 0 0
Other Non-Current Assets 140.4 5,055.1 5,002.2 4,857.2 4,870.3 4,895.2 4,956.3 4,947.8 4,940.0 4,617.3 4,603.0 4,751.9 4,797.0 4,959.3 5,018.9 5,045.1 5,156.1 5,162.9 5,228.7 5,269.4 5,279.4 5,285.0 5,306.3 5,358.5 5,363.2 5,341.4 5,345.0 5,378.9 5,437.4 5,853.5 5,975.6 5,993.7 6,108.8 5,994.4 5,972.8 1,995.9 1,993.6 2,009.9 1,999.8 1,908.7 1,923.8
Total Non-Current Assets 5,467.7 5,304.0 5,244.0 5,071.3 5,077.9 5,105.6 5,175.7 5,162.7 5,160.1 4,842.9 4,828.4 4,984.0 5,028.5 5,185.5 5,323.6 5,373.0 5,359.1 5,370.7 5,466.3 5,512.4 5,689.5 5,700.5 5,728.8 5,769.3 5,797.7 5,806.6 5,818.7 5,816.0 5,892.7 6,369.0 6,462.9 6,498.9 6,625.1 6,210.0 6,235.6 1,995.9 1,993.6 2,081.4 1,999.8 1,908.7 1,923.8
Total Assets 5,591.2 5,493.4 5,564.8 5,328.0 5,233.2 5,303.7 5,366.1 5,351.1 5,374.4 5,386.1 5,380.6 5,524.3 5,556.3 5,747.7 5,844.9 5,961.4 5,884.9 5,966.7 6,209.5 5,822.1 5,963.8 5,985.6 5,991.6 6,023.6 6,092.3 6,069.3 6,068.0 6,123.2 6,455.1 6,665.3 6,910.3 7,028.1 6,984.6 7,032.3 6,588.3 2,254.0 2,240.1 2,265.9 2,239.4 2,253.3 2,434.2
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 71.1 0 0 0 0 0 0 0 109.4 100.6 94.8 94.8 86.9 105.3 102.4 102.5 116.1 37.1 33.4 39.6 38.2 36.6 28.3
Short-Term Debt 8.9 217.6 8.1 0 0 106.6 0 0 146.1 94.4 0.5 1.0 1.5 197.0 0.5 1.0 1.4 0 0 17.4 17.9 18.4 0.7 1.6 2.4 3.6 0.9 1.7 2.6 3.4 0 0 0 0 0 0 3.1 4.1 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (686.3)
Other Current Liabilities 0 119.3 115.9 113.1 112.1 117.9 122.8 112.8 112.8 137.0 128.0 121.9 143.0 142.3 145.2 117.7 118.3 143.0 28.1 119.4 123.5 146.3 143.7 143.3 150.9 108.8 1,069.3 1,080.3 1,289.6 1,292.9 0 0 0 0 0 652.4 652.4 644.5 649.5 650.4 658.0
Total Current Liabilities 8.9 336.9 124.0 113.1 112.1 224.4 122.8 112.8 258.9 231.4 128.5 122.9 144.5 339.2 145.7 118.7 119.7 143.0 117.5 136.8 141.4 164.7 144.4 144.9 153.3 112.4 109.4 100.6 94.8 94.8 86.9 105.3 102.4 102.5 116.1 37.1 33.4 39.6 38.2 36.6 28.6
Non-Current Liabilities
Long-Term Debt 2,663.5 2,311.3 2,591.2 2,479.7 2,393.9 2,311.1 2,470.2 2,446.6 2,317.3 2,319.7 2,349.0 2,419.0 2,395.1 2,309.8 2,446.5 2,479.3 2,356.1 2,394.5 2,709.4 2,248.9 2,263.7 2,354.0 2,422.3 2,453.7 2,477.0 2,398.5 2,603.1 2,686.0 3,230.2 3,232.0 3,368.6 3,423.8 3,361.1 3,394.5 3,005.5 1,220.1 1,199.3 1,206.5 1,187.4 1,199.9 1,398.0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Liabilities 110.6 0 0 0 0 0 0 0 0 0 (2,383.2) (2,457.7) (2,435.6) 0 (2,490.5) (2,525.1) (2,403.7) 0 51.5 (2,302.2) (2,319.0) (2,421.7) (2,482.9) (2,517.4) (2,543.8) (2,478.3) 0 0 0 0 0 0 0 0 0 (652.4) (652.4) (644.5) (649.5) (650.4) (657.7)
Total Non-Current Liabilities 2,794.4 2,332.7 2,613.8 2,503.5 2,418.9 2,337.9 2,498.5 2,476.3 2,348.4 2,352.2 0 0 0 2,352.0 0 0 0 2,444.2 2,762.9 0 0 0 0 0 0 0 2,676.2 2,762.2 3,309.6 3,315.7 3,456.2 3,514.9 3,455.7 3,492.5 3,100.3 1,220.1 1,202.4 1,210.7 1,187.4 1,199.9 1,398.0
Total Liabilities 2,803.3 2,669.6 2,737.8 2,616.5 2,531.0 2,562.4 2,621.3 2,589.1 2,607.3 2,583.6 2,511.7 2,580.6 2,580.1 2,691.3 2,636.2 2,643.7 2,523.4 2,587.2 2,880.4 2,439.1 2,460.4 2,576.4 2,627.3 2,662.3 2,697.1 2,580.8 2,785.6 2,862.8 3,404.4 3,410.6 3,543.1 3,620.2 3,558.0 3,595.0 3,216.5 1,257.2 1,235.8 1,250.3 1,225.5 1,236.4 1,426.7
Stockholders' Equity
Common Stock 2.5 2.5 2.5 2.4 2.4 2.4 2.4 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.2 2.2 2.2 2.1 2.1 2.1 2.1 2.1 1.9 1.9 1.8 1.8 1.8 1.8 1.8 1.8 1.8 0.7 0.7 0.7 0.7 0.7 0.7
Retained Earnings (2,049.8) (2,013.4) (1,964.3) (1,913.9) (1,907.3) (1,874.6) (1,849.2) (1,808.2) (1,762.0) (1,718.3) (1,665.0) (1,579.9) (1,531.2) (1,451.9) (1,296.9) (1,177.0) (1,124.1) (1,095.2) 0 (944.5) (746.5) (716.2) (689.8) (663.9) (631.3) (573.3) (523.7) (460.8) (462.6) (271.6) (171.1) (125.6) (238.6) (217.2) (225.5) (214.1) (203.6) (192.2) (185.0) (180.0) (187.3)
Accumulated Other Comprehensive Income (3.0) (3.6) (6.0) (2.0) 15.2 20.9 16.9 31.1 31.2 23.7 (0.8) 0.6 (0.5) 19.1 1.5 0.5 (2.6) (10.0) (1,017.4) (2.3) (2.1) (1.8) (0.7) (0.3) 0.2 (1.5) (19.4) (10.9) (1.7) 12.3 26.4 24.4 20.8 11.3 4.2 (0.8) (1.6) (1.8) (9.4) (9.3) (9.4)
Total Stockholders' Equity 2,786.0 2,821.8 2,824.9 2,711.5 2,702.2 2,741.3 2,744.8 2,762.0 2,767.2 2,802.5 2,868.9 2,943.7 2,976.2 3,056.4 3,208.7 3,317.7 3,361.5 3,379.5 3,329.1 3,383.1 3,503.4 3,409.2 3,364.3 3,361.3 3,395.2 3,488.5 3,282.4 3,256.1 3,046.5 3,250.4 3,362.9 3,403.5 3,422.2 3,432.8 3,369.1 996.7 1,004.4 1,015.6 1,013.8 1,016.8 1,007.4
Total Liabilities & Equity 5,591.2 5,493.4 5,564.8 5,328.0 5,233.2 5,303.7 5,366.1 5,351.1 5,374.4 5,386.1 5,380.6 5,524.3 5,556.3 5,747.7 5,844.9 5,961.4 5,884.9 5,966.7 6,209.5 5,822.1 5,963.8 5,985.6 5,991.6 6,023.6 6,092.3 6,069.3 6,068.0 6,123.2 6,455.1 6,665.3 6,910.3 7,028.1 6,984.6 7,032.3 6,588.3 2,254.0 2,240.1 2,265.9 2,239.4 2,253.3 2,434.2
Debt Metrics
Total Debt 2,692.6 2,550.3 2,613.8 2,503.5 2,418.9 2,444.5 2,498.5 2,476.3 2,494.5 2,446.6 2,383.7 2,458.7 2,437.1 2,549.0 2,491.0 2,526.0 2,405.1 2,444.2 2,711.5 2,319.7 2,336.9 2,440.1 2,483.5 2,519.0 2,546.2 2,481.8 2,603.1 2,686.0 3,230.2 3,232.0 3,368.6 3,423.8 3,361.1 3,394.5 3,005.5 1,220.1 1,202.4 1,210.7 1,187.4 1,199.9 1,398.0
Net Debt 2,569.2 2,478.7 2,413.2 2,408.3 2,396.2 2,384.0 2,435.5 2,439.9 2,434.6 2,405.3 2,344.8 2,426.3 2,398.4 2,499.7 2,459.8 2,454.5 2,375.8 2,332.2 2,165.1 2,245.7 2,307.4 2,374.6 2,441.7 2,482.2 2,483.7 2,432.7 2,573.7 2,638.4 3,207.4 3,181.8 3,332.2 3,385.0 3,314.8 2,875.9 2,974.6 1,206.9 1,189.6 1,185.0 1,167.7 1,096.0 1,388.9
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 40.8 27.2 22.5 65.5 40.3 46.7 29.8 24.0 26.3 17.2 (15.1) 21.2 (9.5) (84.9) (50.1) 16.8 40.6 (24.4) 10.2 (132.6) 33.4 37.1 36.5 29.6 35.2 39.7 23.3 83.7 (77.7) (19.4) 35.2 200.8 62.5 104.0 15.1 20.5 18.8 23.2 25.3 37.5 (15.7)
Depreciation & Amortization 53.1 51.3 48.5 43.6 43.5 42.3 42.7 41.7 42.9 42.9 43.2 44.1 52.8 49.9 47.4 45.2 45.3 45.1 45.0 44.5 44.4 44.2 44.2 44.2 44.2 42.9 41.5 47.9 49.3 51.6 54.0 46.1 47.3 50.0 26.6 17.2 19.1 17.2 17.1 16.4 17.8
Stock-Based Compensation 3.1 3.1 2.9 2.7 2.7 2.5 2.6 1.3 2.5 2.4 2.2 1.0 2.2 2.1 2.1 0.8 2.5 0.9 2.4 2.3 2.3 2.3 0.9 2.4 2.4 1.0 3.3 2.8 2.8 1.4 2.4 2.7 1.1 0.0 4.0 1.7 2.6 1.4 2.5 1.8 1.8
Change in Working Capital 0.6 (4.3) 8.2 (6.2) (7.5) (6.7) 29.7 (2.1) (27.6) 4.9 6.6 (5.7) (8.6) (16.2) 28.5 (5.5) (26.4) 15.0 21.8 (0.3) (13.9) 3.4 3.9 6.8 (16.8) 4.5 (0.1) (0.7) (27.2) 0.7 (25.1) 7.3 (1.4) (26.0) (47.7) (9.9) (6.8) 1.5 (0.6) 17.8 (12.5)
Other Non-Cash Items 0.7 10.1 17.9 (24.6) 1.3 (4.8) (7.1) 15.2 8.7 11.3 (1.9) 9.7 31.3 116.7 80.5 19.3 1.2 61.2 26.7 169.8 2.3 (4.5) 11.3 10.8 9.9 (4.5) (1.4) (12.8) (3.5) (7.7) (8.6) (10.3) (9.7) (7.9) (7.2) (3.6) (4.1) (5.5) (4.1) (4.1) (4.1)
Operating Cash Flow 98.4 87.4 100.0 81.0 80.3 80.0 97.7 80.1 52.8 78.7 83.2 70.3 68.3 67.6 108.5 76.6 63.1 97.9 106.2 83.7 68.5 89.4 96.8 93.8 74.8 95.5 85.1 137.9 54.0 75.5 71.5 109.9 101.6 83.7 (4.1) 22.4 31.4 42.9 39.3 69.8 24.7
Investing Activities
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 (80.6) 0 0 0 0 0 0 0 0 0 0 (23.6) 0 0 0 0 0 0 0 70.4 0 0 (176.8) 50.4 (372.8) 0 0 0 0 0 0
Acquisitions 0 0 2.0 0 (1.0) (5.9) 0.3 (0.2) (0.2) (5.3) 4.8 0 (4.8) (14.9) 4.2 (128.7) 0.7 (4.3) 0 (3.2) 0.3 16.7 (19.7) 0.0 3.1 0.2 (0.2) 0.4 2.1 (6.5) 6.5 0 (354.5) 0.0 75.7 2.7 (0.1) (0.5) (0.7) (5.2) (1.0)
Purchases of Investments 0 0 0 0 (0.0) (0.3) (1.5) (0.0) (1.0) (0.0) (0.3) (4.3) (6.4) (2.2) (0.8) (0.9) (4.1) (4.9) (0.8) (3.4) 0 (0.0) (20.1) 0 0 0 0 0 0 (0.0) (4.3) (0.0) (0.9) (0.0) (2.6) (0.0) (0.1) (0.5) (0.7) (5.2) (1.0)
Sales/Maturities of Investments 0 0 (1.4) 0 0.8 0 0 4.1 0.6 0 80.6 2.7 1.4 1.2 2.8 0.6 0.7 0.6 0.2 0.2 0.3 0.0 0.3 0.0 3.1 1.4 1.2 0.4 2.1 (0.4) 6.1 0.1 0.2 0.5 0.5 2.8 0 0 0 0 0
Other Investing Activities (105.1) (116.5) (200.4) (45.1) (16.2) 24.7 (55.9) (61.2) (12.6) (56.5) 55.4 (6.6) 122.9 (15.3) (63.2) 38.2 (34.6) (250.2) 0.4 (35.5) (36.0) 1.0 7.9 (29.2) (75.9) (37.3) (20.3) 311.2 4.3 (5.8) (21.5) 219.4 15.6 12.1 2.4 (8.1) (0.9) (30.2) (81.1) 264.4 3.9
Investing Cash Flow (105.1) (116.5) (199.8) (45.1) (16.4) 18.6 (57.0) (57.3) (13.2) (61.8) 59.9 (8.2) 113.2 (31.2) (57.0) (90.9) (37.2) (258.8) (0.2) (41.9) (35.4) (5.9) (31.6) (29.1) (69.8) (35.7) (19.3) 311.5 6.3 57.8 (19.4) 219.5 (516.4) 63.0 (296.8) (5.4) (1.0) (31.2) (82.5) 254.1 2.0
Financing Activities
Net Debt Issuance 137.3 (65.5) 119.1 78.5 (24.4) (44.7) 21.4 (16.0) 51.9 60.5 (67.0) 19.1 (106.7) 56.2 (19.2) 125.3 (39.5) (310.5) 438.3 (17.7) (93.7) (56.7) (17.7) (28.8) 100.1 (204.1) (88.4) (550.3) (4.8) (132.1) (58.1) 63.9 (31.1) 388.9 21.8 14.0 (10.0) 25.0 (11.7) (199.0) 11.3
Stock Repurchased (8.2) 0 0 0 (5.4) 0 0 2.6 (2.6) (0.5) (0.0) (0.3) (1.8) (0.4) (0.6) (0.1) (3.7) 0 0 0 0 0 0 0 0 0 0 0 0 143.8 (0.5) (143.8) 0 0 3.2 0 0 1.3 0 (0.0) 0
Dividends Paid (75.7) (74.8) (71.9) (71.4) (71.4) (71.0) (70.3) (69.5) (69.4) (69.4) (69.4) (69.4) (69.4) (69.3) (69.3) (69.3) (69.3) (68.6) (66.3) (64.8) (63.2) (62.6) (61.7) (61.7) (92.4) (88.2) (85.5) (81.5) (80.3) (80.2) (80.2) (81.9) (82.8) (95.3) (26.1) (30.7) (30.0) (30.0) (30.0) (30.0) (29.3)
Other Financing Activities (1.3) 0.0 (5.2) 0 (0.1) 0 0 0 (0.1) (0.0) (0.0) (17.9) (18.1) (0.0) (2.5) 0 (0.0) (32.1) 0.0 (0.0) 0 (0.0) (0.1) (0.0) (0.7) (5.4) (0.0) (6.9) (0.0) (0.4) (0.0) (143.8) (0.0) (0.4) 0 (0.0) (0.1) (0.0) (0.0) (0.0) (5.9)
Financing Cash Flow 52.1 (100.9) 206.2 36.7 (101.2) (101.0) (14.0) (46.4) (20.2) (9.4) (136.4) (68.5) (196.1) (13.5) (91.6) 56.0 (112.5) (274.6) 371.6 2.5 (69.3) (60.1) (60.4) (90.5) 8.9 (50.4) (83.5) (424.8) (87.5) (214.8) (138.4) (161.8) (114.4) 341.0 317.9 (16.7) (43.3) (5.0) (41.7) (229.1) (25.1)
Cash Position
Net Change in Cash 45.3 (129.4) 105.9 72.8 (37.4) (2.6) 26.7 (23.6) 19.2 7.9 6.5 (6.3) (15.2) 22.8 (40.4) 42.2 (86.6) (435.5) 477.5 44.4 (36.0) 23.7 5.0 (25.6) 13.3 9.5 (17.8) 24.8 (27.0) (79.9) (86.1) 167.5 (529.3) 487.8 17.6 0.4 (12.8) 6.0 (84.2) 94.7 1.7
Cash at Beginning 78.1 207.5 101.7 28.9 66.3 69.0 42.3 65.9 46.7 38.9 32.4 38.7 53.9 31.1 71.5 29.3 115.9 551.4 73.9 29.5 65.5 41.8 36.8 62.4 49.1 39.7 57.5 32.6 59.7 139.5 225.7 58.2 587.4 30.9 13.2 12.8 25.7 19.7 103.9 9.1 7.4
Cash at End 123.5 78.1 207.5 101.7 28.9 66.3 69.0 42.3 65.9 46.7 38.9 32.4 38.7 53.9 31.1 71.5 29.3 115.9 551.4 73.9 29.5 65.5 41.8 36.8 62.4 49.1 39.7 57.5 32.6 59.7 139.5 225.7 58.2 518.6 30.9 13.2 12.8 25.7 19.7 103.9 9.1
Free Cash Flow 98.4 87.4 100.0 81.0 80.3 80.0 97.7 80.1 52.8 78.7 2.6 70.3 68.3 67.6 108.5 76.6 63.1 97.9 106.2 83.7 68.5 65.8 96.8 93.8 74.8 95.5 85.1 137.9 54.0 145.9 71.5 109.9 (75.2) 134.2 (376.9) 22.4 31.4 42.9 39.3 69.8 24.7
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 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4
Income Statement
Revenue 221.8 211.9 190.0 189.2 183.5 182.3 178.0 176.1 166.7 163.4 161.0 160.5 160.5 84.1 136.4 153.4 158.0 (30.9) 288.7 (16.9) 147.4 167.3 146.0 140.1 147.4 102.6 149.8 219.4 136.8 139.2 151.8 166.3 166.1 166.5 111.8 64.7 62.6 61.8 61.9 74.2 62.6 66.8 59.9 56.6 55.6 55.7 44.0 43.0 40.9 37.6 32.9 32.3 32.0 28.3 26.0 25.1 23.7 26.3 21.5 18.8 17.6 8.8
Gross Profit 136.1 131.5 120.4 128.0 123.6 122.5 119.5 121.4 112.8 113.5 111.8 111.3 112.9 40.2 94.8 114.8 119.4 (66.9) 252.9 (50.6) 111.2 134.2 114.3 108.4 114.8 71.8 120.2 188.9 119.4 126.7 139.2 154.0 154.0 160.5 106.7 60.3 60.2 60.3 60.5 72.8 61.1 65.6 56.1 54.9 55.1 55.7 44.0 43.0 40.9 37.6 32.9 32.3 32.0 28.3 26.0 25.1 23.7 26.3 21.5 18.8 17.6 8.8
Operating Income 39.5 64.6 59.6 71.9 67.4 67.3 64.4 67.0 58.0 54.3 101.1 101.8 102.4 29.3 85.1 106.2 109.0 (75.1) 244.2 (59.5) 102.3 126.1 107.1 99.6 106.2 66.1 68.4 131.2 65.1 37.7 73.8 98.6 96.9 91.0 62.7 31.4 32.5 36.5 36.7 51.5 36.1 36.7 37.1 29.3 33.4 31.9 28.0 25.3 25.6 23.8 21.6 20.6 19.1 15.9 14.8 14.1 12.1 14.8 10.0 9.6 8.8 0.2
Net Income 40.9 27.2 22.5 65.5 40.3 46.7 29.8 24.0 26.3 17.2 (15.1) 21.2 (9.5) (84.9) (50.1) 16.8 40.6 (24.4) 10.2 (132.6) 33.4 37.1 36.5 29.6 35.2 39.7 23.3 83.7 (77.7) (19.4) 35.2 193.6 59.9 101.4 12.5 18.0 16.3 20.6 22.8 34.9 (15.7) 22.5 15.5 14.3 16.9 19.7 14.6 12.2 (7.3) 10.4 9.2 (0.7) 9.3 4.0 5.2 5.9 4.4 7.2 2.3 2.1 1.2 0.0
EPS (Diluted) 0.16 0.11 0.09 0.27 0.17 0.19 0.13 0.10 0.11 0.07 -0.07 0.09 -0.04 -0.37 -0.22 0.07 0.18 -0.11 0.05 -0.61 0.16 0.18 0.18 0.14 0.17 0.20 0.12 0.46 -0.44 -0.11 0.20 1.08 0.34 0.57 0.11 0.27 0.25 0.31 0.35 0.53 -0.24 0.34 0.24 0.24 0.28 0.35 0.31 0.28 -0.19 0.27 0.24 -0.02 0.25 0.11 0.14 0.16 0.12 0.19 0.07 0.08 0.05 0.00
Balance Sheet
Cash & Equivalents 123.5 71.5 200.6 95.2 22.7 60.5 63.0 36.4 59.9 41.3 33.3 27.2 33.5 49.3 26.3 67.2 24.8 112.0 546.3 69.3 24.9 59.1 35.0 28.2 54.1 39.1 29.4 47.6 22.9 50.2 36.3 38.8 46.4 518.6 30.9 13.2 12.8 25.7 19.7 103.9 9.1
Total Assets 5,591.2 5,493.4 5,564.8 5,328.0 5,233.2 5,303.7 5,366.1 5,351.1 5,374.4 5,386.1 5,380.6 5,524.3 5,556.3 5,747.7 5,844.9 5,961.4 5,884.9 5,966.7 6,209.5 5,822.1 5,963.8 5,985.6 5,991.6 6,023.6 6,092.3 6,069.3 6,068.0 6,123.2 6,455.1 6,665.3 6,910.3 7,028.1 6,984.6 7,032.3 6,588.3 2,254.0 2,240.1 2,265.9 2,239.4 2,253.3 2,434.2
Total Debt 2,692.6 2,550.3 2,613.8 2,503.5 2,418.9 2,444.5 2,498.5 2,476.3 2,494.5 2,446.6 2,383.7 2,458.7 2,437.1 2,549.0 2,491.0 2,526.0 2,405.1 2,444.2 2,711.5 2,319.7 2,336.9 2,440.1 2,483.5 2,519.0 2,546.2 2,481.8 2,603.1 2,686.0 3,230.2 3,232.0 3,368.6 3,423.8 3,361.1 3,394.5 3,005.5 1,220.1 1,202.4 1,210.7 1,187.4 1,199.9 1,398.0
Stockholders' Equity 2,786.0 2,821.8 2,824.9 2,711.5 2,702.2 2,741.3 2,744.8 2,762.0 2,767.2 2,802.5 2,868.9 2,943.7 2,976.2 3,056.4 3,208.7 3,317.7 3,361.5 3,379.5 3,329.1 3,383.1 3,503.4 3,409.2 3,364.3 3,361.3 3,395.2 3,488.5 3,282.4 3,256.1 3,046.5 3,250.4 3,362.9 3,403.5 3,422.2 3,432.8 3,369.1 996.7 1,004.4 1,015.6 1,013.8 1,016.8 1,007.4
Cash Flow
Operating Cash Flow 98.4 87.4 100.0 81.0 80.3 80.0 97.7 80.1 52.8 78.7 83.2 70.3 68.3 67.6 108.5 76.6 63.1 97.9 106.2 83.7 68.5 89.4 96.8 93.8 74.8 95.5 85.1 137.9 54.0 75.5 71.5 109.9 101.6 83.7 (4.1) 22.4 31.4 42.9 39.3 69.8 24.7
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 (80.6) 0 0 0 0 0 0 0 0 0 0 (23.6) 0 0 0 0 0 0 0 70.4 0 0 (176.8) 50.4 (372.8) 0 0 0 0 0 0
Free Cash Flow 98.4 87.4 100.0 81.0 80.3 80.0 97.7 80.1 52.8 78.7 2.6 70.3 68.3 67.6 108.5 76.6 63.1 97.9 106.2 83.7 68.5 65.8 96.8 93.8 74.8 95.5 85.1 137.9 54.0 145.9 71.5 109.9 (75.2) 134.2 (376.9) 22.4 31.4 42.9 39.3 69.8 24.7