1st Source Corporation logo SRCE - 1st Source Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 1
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $81.00 DETAILS
HIGH: $88.00
LOW: $74.00
MEDIAN: $81.00
CONSENSUS: $81.00
UPSIDE: 9.53%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 600.0 570.3 507.5 385.1 354.9 366.9 384.0 354.4 311.1 280.7 268 256.4 256.8 263.3 268.4 287.3 285.9 319.3 324.2 285.6 237.1 214.2 242.5 272.6 332.6 306.8 263.7 248.4 209 174.3 154.6 127.8 118.4
Cost of Revenue 178.1 195.7 144.1 43.6 13.8 73.2 74.8 62.9 35.7 27.9 20.3 22.0 23.5 36.1 42.3 72.3 103.3 119.8 142.2 99.8 64.2 53.0 76.4 120.5 152.7 146.1 108.1 111.4 93.4 78 67.7 51.9 48.1
Gross Profit 421.9 374.7 363.4 341.5 341.0 293.7 309.2 291.5 275.4 252.8 247.7 234.5 233.3 227.2 226.1 215.0 182.6 199.5 182.0 185.8 172.8 161.2 166.1 152.1 179.9 160.7 155.6 137 115.6 96.3 86.9 75.9 70.3
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
SG&A Expenses 111.0 128.1 121.5 108.7 108.5 104.2 111.7 109.2 102.3 100.2 100.4 95.5 93.9 96.1 91.2 91.3 94.5 91.3 78.7 66.6 69.8 63.1 69.5 67.4 62.6 54.6 52.5 47.3 41.8 36.1 32.6 28.3 27.5
Other Expenses 105.8 75.5 80.2 76.0 76.9 83.2 77.4 77.3 71.7 63.5 58.7 54.5 55.4 55.4 61.2 63.2 56.6 61.9 61.6 59.6 53.7 64.0 69.4 73.3 59.1 49.9 48.8 40.4 32.9 24.6 22.3 21.2 19
Operating Expenses 216.8 203.6 201.7 184.7 185.3 187.4 189.0 186.5 174.0 163.6 159.1 150.0 149.3 151.5 152.4 154.5 151.1 153.1 140.3 126.2 123.4 127.1 138.9 140.7 121.7 104.5 101.3 87.7 74.7 60.7 54.9 49.5 46.5
Operating Income
Operating Income 205.1 171.1 161.7 156.8 154.9 106.3 120.2 105.0 101.4 89.1 88.6 84.4 83.9 75.7 73.8 60.5 31.5 46.4 41.7 59.5 49.4 34.1 27.2 11.4 58.2 56.1 54.3 49.3 40.9 35.6 32 26.4 23.8
Interest Expense 166.2 183.2 138.3 30.3 18.1 37.2 59.0 43.4 26.8 22.1 18.2 18.2 22.8 30.3 39.1 53.1 72.2 103.1 134.7 102.6 70.1 52.7 59.1 80.8 127.0 134.3 100.7 102.2 87.3 73.4 64.9 47.7 44.6
Interest Income 514.4 484.0 416.9 293.8 254.8 263.0 282.9 257.3 212.4 191.8 184.7 178.6 179.6 182.1 187.5 200.6 200.4 235.3 253.6 209.0 168.5 151.4 162.3 199.5 245.6 238.2 200.4 196.1 173.3 148.8 135.1 112.9 104.1
Profitability
EBITDA 214.0 183.4 177.1 175.9 178.9 137.4 155.4 137.9 133.3 117.5 113.0 104.4 102.9 98.0 99.1 88.6 60.0 74.0 66.2 83.6 78.5 68.2 66.1 50.6 90.2 83.5 78.6 67 52.8 40.7 35.6 29.7 26.7
EBIT 205.1 171.1 161.7 156.8 154.9 106.3 120.2 105.0 101.4 89.1 88.6 84.4 83.9 75.7 73.8 60.5 31.5 46.4 41.7 59.5 49.4 34.1 27.2 11.4 58.2 56.1 54.3 49.3 40.9 35.6 32 26.4 23.8
Income Before Tax 204.4 171.1 161.7 156.8 154.9 106.3 120.2 105.0 101.4 89.1 88.6 84.4 83.9 75.7 73.8 60.5 31.5 46.4 41.7 59.5 49.4 34.1 27.2 11.4 58.2 56.1 54.3 49.3 40.9 35.6 32 26.4 23.8
Income Tax Expense 46.1 38.4 36.7 36.3 36.3 24.9 28.1 22.6 33.3 31.3 31.1 26.4 29.0 26.0 25.6 19.2 6.0 13.0 11.1 20.2 15.6 9.1 8.0 1.4 19.7 18.6 18.5 17.8 14.4 12.4 11 7.9 7.1
Net Income 158.3 132.6 124.9 120.5 118.5 81.4 92.0 82.4 68.1 57.8 57.5 58.1 55.0 49.6 48.2 41.2 25.5 33.4 30.5 39.3 33.8 25.0 19.2 10.0 38.5 37.6 35.8 31.5 26.5 23.2 21 18.5 16.7
Per Share Data
EPS (Basic) 6.46 5.36 5.03 4.84 4.70 3.17 3.57 3.16 2.60 2.22 2.17 2.21 2.03 1.84 1.78 1.10 0.72 1.26 1.18 1.58 1.22 1.00 0.76 0.40 1.53 1.42 1.42 1.13 0.71 0.78 0.77 0.23 0.20
EPS (Diluted) 6.46 5.36 5.03 4.84 4.70 3.17 3.57 3.16 2.60 2.22 2.17 2.21 2.03 1.84 1.78 1.10 0.72 1.26 1.16 1.56 1.21 0.98 0.75 0.39 1.50 1.41 1.39 1.10 0.69 0.77 0.77 0.23 0.20
Shares Outstanding 24.4 24.5 24.6 24.7 25.0 25.5 25.6 25.9 25.9 25.9 26.2 26.2 26.8 26.7 26.7 26.7 26.6 26.5 25.9 24.8 27.6 25.0 25.2 25.3 25.2 26.4 23.6 27.8 29.6 29.6 27.1 25.6 24.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 69.2 76.8 77.5 84.7 54.4 74.2 67.2 94.9 73.6 58.6 72.9 119.8 78.3 109.8 120.9 129.4 118.1 101.9 132.5 92.6 138.2 97.4 82.7 79.7
Short-Term Investments 1,522.5 944.7 1,622.6 1,775.1 1,863.0 1,197.5 1,040.6 990.1 904.0 850.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 0 0 0 380.0 269.5 288.6 228.0 159.3 155.4 130.1 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 1,591.7 1,021.5 1,700.1 2,239.8 2,186.9 1,560.2 1,335.8 1,244.3 1,133.1 1,039.1 72.9 119.8 78.3 109.8 120.9 129.4 118.1 101.9 132.5 92.6 138.2 97.4 82.7 79.7
Non-Current Assets
Property, Plant & Equipment 65.3 64.9 66.5 76.5 95.5 114.4 163.9 186.6 194.2 175.5 134.9 123.6 84.6 108.7 134.8 157.7 118.5 33.7 31.2 30.8 27.8 23.4 21.3 19.6
Goodwill 83.9 83.9 83.9 83.9 83.9 83.9 83.9 83.9 83.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 84.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 7,317.3 6,397.5 5,901.1 5,259.2 5,389.0 5,023.0 4,774.7 4,471.9 4,137.8 3,954.2 3,961.8 3,062.1 2,984.9 2,914.5 3,118.2 2,827.5 2,570.2 2,382.8 2,176.3 1,849.1 1,628.3 1,426.7 1,019.3
Other Non-Current Assets (7.0) 444.3 480.0 38.1 470.8 168.9 16.1 4.2 4.4 49.7 289.9 167.4 338.8 126.7 237.3 157.4 118.0 167.1 187.1 118.5 64.7 50.2 52.3 369.5
Total Non-Current Assets 142.2 7,910.4 7,027.9 6,099.6 5,909.4 5,756.2 5,287.0 5,049.4 4,754.2 4,447.2 4,469.2 4,344.4 3,485.5 3,220.4 3,286.6 3,433.3 3,064.1 2,771 2,601.1 2,325.6 1,941.6 1,701.9 1,500.3 1,408.4
Total Assets 9,055.3 8,931.9 8,728.0 8,339.4 8,096.3 7,316.4 6,622.8 6,293.7 5,887.3 5,486.3 4,542.1 4,464.2 3,563.7 3,330.2 3,407.5 3,562.7 3,182.2 2,872.9 2,732 2,418.2 2,079.8 1,799.3 1,583 1,488.1
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Short-Term Debt 238.6 249.2 312.4 215.5 200.0 150.6 145.9 199.3 214.6 291.9 150.1 296.2 299.7 390.9 260.7 264.5 333.4 409.8 242.2 235 224.9 153 100.6 134.3
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
Other Current Liabilities (112.5) 7,230.0 7,038.6 6,928.3 6,679.1 5,946.0 5,357.3 5,122.3 4,752.7 4,333.8 3,652.5 3,514.5 2,807.0 2,487.2 2,712.9 2,882.8 2,462.7 2,127.4 2,177.1 1,891.8 1,634 1,441.7 1,301.3 1,179.4
Total Current Liabilities 126.2 7,479.2 7,350.9 7,310.3 6,996.8 6,245.1 5,643.7 5,400.3 5,039.9 4,680.5 3,862.3 3,891.0 3,106.7 2,878.1 2,973.6 3,147.3 2,796.1 2,537.2 2,419.3 2,126.8 1,858.9 1,594.7 1,401.9 1,313.7
Non-Current Liabilities
Long-Term Debt 102.1 75.8 85.0 87.4 109.4 120.3 112.4 113.3 109.9 133.1 109.5 119.5 77.0 79.2 16.9 11.9 12.1 12.2 13.2 61.5 18.6 21.8 28.1 25.5
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
Other Non-Current Liabilities 4,203.1 195.4 223.7 17.9 20.6 20.4 18.0 16.5 18.9 0 0 0 53.5 58.1 52.8 52.5 58.7 39.9 39.5 34.9 30.5 30.2 23.9 23.4
Total Non-Current Liabilities 4,305.2 271.2 308.8 105.3 130.0 140.6 130.4 129.9 128.8 133.1 109.5 119.5 130.4 137.4 69.7 64.5 70.7 52.1 52.7 96.4 49.1 52 52 48.9
Total Liabilities 7,737.2 7,750.4 7,659.7 7,415.6 7,126.8 6,385.7 5,774.1 5,530.2 5,168.7 4,813.6 3,971.8 4,010.5 3,237.1 3,015.5 3,043.3 3,211.8 2,866.9 2,589.3 2,472 2,223.2 1,908 1,646.7 1,453.9 1,362.6
Stockholders' Equity
Common Stock 436.5 436.5 436.5 436.5 436.5 436.5 436.5 436.5 436.5 436.5 350.3 343.0 7.6 7.6 7.6 7.6 7.2 6.9 6.3 5.7 5.7 5.4 0 0
Retained Earnings 1,015.2 890.9 789.8 694.9 603.8 514.2 463.3 399.0 340.0 290.8 142.4 136.9 115.8 100.5 90.9 91.6 80.9 68.3 97.9 124.4 102.4 97 90.4 82.9
Accumulated Other Comprehensive Income (34.8) (87.2) (106.3) (147.7) (9.9) 18.4 5.2 (10.7) (3.3) 1.3 (345.2) 5.8 (0.3) 2.4 4.6 5.6 2.2 (1.9) 3.5 1.9 0.5 (6.1) (8.3) 0
Total Stockholders' Equity 1,275.0 1,111.1 989.6 864.1 916.3 886.8 828.3 762.1 718.5 672.6 570.3 453.7 326.6 314.7 309.4 350.9 315.3 283.6 261.6 195 171.8 152.6 129.1 125.5
Total Liabilities & Equity 9,055.3 8,931.9 8,728.0 8,339.4 8,096.3 7,316.4 6,622.8 6,293.7 5,887.3 5,486.3 4,542.1 4,464.2 3,563.7 3,330.2 3,407.5 3,562.7 3,182.2 2,872.9 2,732 2,418.2 2,079.8 1,799.3 1,583 1,488.1
Debt Metrics
Total Debt 340.7 325.0 397.4 302.9 309.4 270.9 258.3 312.7 324.5 425.0 259.6 415.7 376.6 470.1 277.6 276.4 345.4 422 255.4 296.5 243.5 174.8 128.7 159.8
Net Debt 271.5 248.2 319.9 218.2 255.0 196.7 191.1 217.8 250.8 366.4 186.7 295.9 298.4 360.3 156.7 147.0 227.3 320.1 122.9 203.9 105.3 77.4 46 80.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 158.3 132.6 124.9 120.5 118.6 81.5 92.0 82.4 68.1 57.8 33.8 25.0 19.2 10.0 38.5 37.6 35.8 31.5 26.5 23.2 21 18.5 16.7
Depreciation & Amortization 11.3 12.4 15.5 19.1 24.0 31.1 35.3 32.8 32.0 28.4 29.1 34.1 38.9 39.2 32.0 27.4 24.3 17.7 11.9 5.1 3.6 3.3 2.9
Stock-Based Compensation 6.2 5.7 4.9 3.6 4.2 3.3 2.8 3.6 3.0 2.9 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 38.4 23.9 40.0 19.5 3.1 12.0 29.4 16.1 19.0 2.0 (3.1) (4.3) 16.8 (1.7) (5.6) 12.1 (3.9) 1.2 1.9 (0.5) 1.8 0.2 0.8
Other Non-Cash Items 14.4 16.9 12.1 22.3 1.5 50.8 10.9 25.4 14.9 4.1 (7.6) 4.9 125.9 50.6 21.5 4.0 1.1 8.2 2.4 (6.6) 3.9 4.9 4
Operating Cash Flow 223.1 194.1 187.9 175.5 166.8 154.5 164.6 159.7 139.7 98.1 49.3 65.0 198.6 82.8 84.1 84.1 56.4 66.7 47.5 20.1 27.6 26.3 23
Investing Activities
Capital Expenditure (10.1) (12.4) (6.0) (2.4) (2.9) (2.9) (10.5) (24.2) (51.4) (39.0) (5.9) (3.7) (2.1) (6.1) (60.1) (41.4) (5.9) (3.8) (4.5) (6.6) (5.3) (4) (1.5)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (27.8) 0 0 0 0 0 0 0 0
Purchases of Investments (560.1) (324.7) (47.5) (327.5) (1,145.7) (597.3) (351.2) (255.2) (472.9) (313.6) (196.1) (493.8) (481.6) (398.0) (424.6) (222.1) (271.4) (403.7) (155.6) (144.3) (144.4) (60.1) (140.6)
Sales/Maturities of Investments 638.5 432.0 247.7 232.1 435.8 453.0 317.3 154.1 406.2 246.5 496.0 233.2 432.3 320.1 336.8 209.8 294.3 249 159.6 119.2 114.7 47.5 126.1
Other Investing Activities (222.5) (371.5) (552.5) (687.1) 114.2 (435.5) (289.5) (332.7) (366.5) (201.6) (206.3) (28.7) (54.3) 161.5 (239.7) (261.1) (208.4) (143.2) (394.7) (200.6) (156.9) (69.9) (61)
Investing Cash Flow (154.2) (276.6) (358.3) (784.9) (598.6) (582.7) (333.9) (458.0) (484.6) (309.8) 87.8 (293.0) (105.6) 77.5 (415.2) (314.8) (191.4) (301.7) (395.2) (232.3) (191.9) (86.5) (77)
Financing Activities
Net Debt Issuance (12.9) (75.8) 93.4 (10.0) 35.9 11.8 (56.1) (17.0) (84.0) 73.1 (17.1) (112.8) 130.0 1.1 (69.0) (76.5) 166.6 3.7 8.2 68.7 46.1 (52.2) 42.9
Stock Repurchased (13.9) (0.2) (12.5) (6.8) (33.1) (6.4) (15.1) (9.3) (0.0) (8.0) (2.2) (5.0) 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (38.4) (35.4) (33.1) (32.1) (31.3) (29.8) (29.0) (25.7) (20.4) (19.4) (10.3) (8.9) (7.8) (7.5) (7.3) (7.0) (5.9) (5.3) (4.7) (4.1) (3.6) (3.2) (2.8)
Other Financing Activities (8.8) 189.3 129.4 255.9 742.5 612.2 253.8 371.2 419.1 194.7 (61.4) 319.8 (225.7) (159.9) 420.1 335.3 (49.8) 285.3 302.5 192.2 140.5 122 24.6
Financing Cash Flow (73.9) 77.9 177.2 207.0 713.9 587.8 153.6 319.3 314.7 240.4 (90.5) 196.4 (104.1) (168.8) 342.4 246.9 104.3 276.6 301 255.3 179.6 62.1 64.6
Cash Position
Net Change in Cash (5.0) (4.8) 6.9 (402.4) 282.1 159.7 (15.7) 21.0 (30.3) 28.6 46.6 (31.5) (11.1) (8.5) 11.3 16.2 (30.6) 41.6 (46.7) 43.1 15.3 (77.4) (66.8)
Cash at Beginning 124.8 129.7 122.8 525.2 243.0 83.4 99.1 78.0 108.3 79.7 78.3 109.8 120.9 129.4 118.1 101.9 132.5 90.9 137.6 94.5 79.2 77.4 66.8
Cash at End 119.9 124.8 129.7 122.8 525.2 243.0 83.4 99.1 78.0 108.3 124.8 78.3 109.8 120.9 129.4 118.1 101.9 132.5 90.9 137.6 94.5 139.5 131.4
Free Cash Flow 213.0 181.5 182.0 173.2 163.9 151.6 154.1 135.5 88.3 59.0 43.4 61.3 196.5 76.7 24.0 42.7 50.5 62.9 43 13.5 22.3 22.3 21.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 600.0 570.3 507.5 385.1 354.9 366.9 384.0 354.4 311.1 280.7 268 256.4 256.8 263.3 268.4 287.3 285.9 319.3 324.2 285.6 237.1 214.2 242.5 272.6 332.6 306.8 263.7 248.4 209 174.3 154.6 127.8 118.4
Gross Profit 421.9 374.7 363.4 341.5 341.0 293.7 309.2 291.5 275.4 252.8 247.7 234.5 233.3 227.2 226.1 215.0 182.6 199.5 182.0 185.8 172.8 161.2 166.1 152.1 179.9 160.7 155.6 137 115.6 96.3 86.9 75.9 70.3
Operating Income 205.1 171.1 161.7 156.8 154.9 106.3 120.2 105.0 101.4 89.1 88.6 84.4 83.9 75.7 73.8 60.5 31.5 46.4 41.7 59.5 49.4 34.1 27.2 11.4 58.2 56.1 54.3 49.3 40.9 35.6 32 26.4 23.8
Net Income 158.3 132.6 124.9 120.5 118.5 81.4 92.0 82.4 68.1 57.8 57.5 58.1 55.0 49.6 48.2 41.2 25.5 33.4 30.5 39.3 33.8 25.0 19.2 10.0 38.5 37.6 35.8 31.5 26.5 23.2 21 18.5 16.7
EPS (Diluted) 6.46 5.36 5.03 4.84 4.70 3.17 3.57 3.16 2.60 2.22 2.17 2.21 2.03 1.84 1.78 1.10 0.72 1.26 1.16 1.56 1.21 0.98 0.75 0.39 1.50 1.41 1.39 1.10 0.69 0.77 0.77 0.23 0.20
Balance Sheet
Cash & Equivalents 69.2 76.8 77.5 84.7 54.4 74.2 67.2 94.9 73.6 58.6 72.9 119.8 78.3 109.8 120.9 129.4 118.1 101.9 132.5 92.6 138.2 97.4 82.7 79.7
Total Assets 9,055.3 8,931.9 8,728.0 8,339.4 8,096.3 7,316.4 6,622.8 6,293.7 5,887.3 5,486.3 4,542.1 4,464.2 3,563.7 3,330.2 3,407.5 3,562.7 3,182.2 2,872.9 2,732 2,418.2 2,079.8 1,799.3 1,583 1,488.1
Total Debt 340.7 325.0 397.4 302.9 309.4 270.9 258.3 312.7 324.5 425.0 259.6 415.7 376.6 470.1 277.6 276.4 345.4 422 255.4 296.5 243.5 174.8 128.7 159.8
Stockholders' Equity 1,275.0 1,111.1 989.6 864.1 916.3 886.8 828.3 762.1 718.5 672.6 570.3 453.7 326.6 314.7 309.4 350.9 315.3 283.6 261.6 195 171.8 152.6 129.1 125.5
Cash Flow
Operating Cash Flow 223.1 194.1 187.9 175.5 166.8 154.5 164.6 159.7 139.7 98.1 49.3 65.0 198.6 82.8 84.1 84.1 56.4 66.7 47.5 20.1 27.6 26.3 23
Capital Expenditure (10.1) (12.4) (6.0) (2.4) (2.9) (2.9) (10.5) (24.2) (51.4) (39.0) (5.9) (3.7) (2.1) (6.1) (60.1) (41.4) (5.9) (3.8) (4.5) (6.6) (5.3) (4) (1.5)
Free Cash Flow 213.0 181.5 182.0 173.2 163.9 151.6 154.1 135.5 88.3 59.0 43.4 61.3 196.5 76.7 24.0 42.7 50.5 62.9 43 13.5 22.3 22.3 21.5