Stellar Bancorp, Inc. logo STEL - Stellar Bancorp, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 2
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $29.50 DETAILS
HIGH: $32.00
LOW: $27.00
MEDIAN: $29.50
CONSENSUS: $29.50
DOWNSIDE: 21.27%
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
Revenue
Revenue 143.6 149.5 150.4 148.5 147.8 155.1 158.1 157.6 154.7 159.1 156.0 152.4 147.9 217.1 70.9 65.5 64.3 35.9 37.8 35.5 37.4 37.4 37.5 37.0 40.2 41.9 42.9 45.6 40.2 40.4 37.8 36.3 34.1 33.1 33.3 31.8 31 32.0 30.7 30.5
Cost of Revenue 41.7 45.8 45.1 45.5 46.7 48.0 44.3 48.8 50.4 47.3 46.9 40.6 28.3 78.9 9.2 7.5 6.9 0.2 (3.4) (3.6) 2.0 1.6 6.2 12.1 9.0 4.6 5.2 5.2 4.8 1.5 2.0 2.9 2.9 3.3 0.7 1.5 3.1 2.9 3.4 3.0
Gross Profit 101.9 103.8 105.3 103.0 101.1 107.0 113.8 108.8 104.3 111.8 109.1 111.8 119.7 138.2 61.7 58.0 57.4 35.7 41.3 39.1 35.4 35.8 31.3 24.8 31.1 37.2 37.7 40.4 35.4 38.9 35.8 33.3 31.2 29.9 32.6 30.3 27.9 29.1 27.3 27.5
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
SG&A Expenses 1.7 47.7 57.5 2.5 44.3 47.0 43.8 42.3 44.0 46.6 42.2 41.0 41.9 59.7 23.5 23.6 24.5 27.4 18.1 18.0 17.1 15.8 17.2 16.4 16.3 16.7 16.1 16.7 16.3 17.2 15.1 15.2 15.4 17.4 13.9 13.8 13.6 14.5 12.7 12.8
Other Expenses 66.9 24.5 15.7 67.5 25.9 28.2 27.3 29.0 27.4 31.3 28.6 28.2 30.7 59.6 20.5 14.3 10.1 7.0 5.8 6.7 5.8 7.4 6.3 5.7 5.4 5.0 5.6 6.3 6.0 4.2 4.4 4.4 4.5 4.2 4.7 4.7 4.4 3.7 4.7 5.4
Operating Expenses 68.5 72.2 73.1 70.0 70.2 75.3 71.1 71.2 71.4 77.9 70.7 69.2 72.6 119.2 44.0 37.9 34.5 34.4 23.9 24.7 22.9 23.2 23.6 22.1 21.7 21.7 21.6 23.0 22.3 21.4 19.6 19.6 19.9 21.6 18.6 18.4 18.0 18.2 17.5 18.2
Operating Income
Operating Income 33.4 31.6 32.2 33.0 31.0 31.8 42.7 37.5 32.9 33.8 38.4 42.6 47.1 19.0 17.7 20.1 22.9 1.3 17.3 14.4 12.5 12.5 7.8 2.7 9.4 15.5 16.1 17.4 13.1 17.5 16.2 13.7 11.3 8.3 14.0 11.9 9.9 10.9 9.8 9.2
Interest Expense 39.2 40.7 44.8 44.4 43.1 47.1 50.3 50.8 46.3 46.2 44.5 38.7 24.6 29.8 7.2 5.4 5.1 1.4 1.4 1.5 1.6 1.8 2.1 2.3 4.0 4.8 4.6 4.3 3.7 3.7 3.1 2.3 2.0 2.2 2.3 2.2 2.2 2.2 2.2 2.1
Interest Income 145.1 144.0 145.4 142.7 142.3 150.0 151.8 152.2 148.4 152.2 151.3 147.0 140.4 208.2 67.9 62.8 60.3 32.2 32.7 32.5 34.7 34.3 33.8 34.4 36.2 38.6 39.2 38.6 37.0 36.9 34.7 33.1 31.1 30.4 29.6 28.7 28.0 28.0 27.7 27.4
Profitability
EBITDA 40.2 31.6 39.8 40.6 38.5 39.3 50.9 45.7 41.1 42.0 47.2 51.4 55.8 29.2 19.4 21.9 24.6 2.7 18.8 15.8 13.9 14.0 9.1 4.1 10.8 16.9 17.4 18.8 14.5 18.6 17.3 14.8 12.3 9.3 15.1 13.0 11.0 12.0 10.9 9.5
EBIT 33.4 31.6 32.2 33.0 31.0 31.8 42.7 37.5 32.9 33.8 38.4 42.6 47.1 19.0 17.7 20.1 22.9 1.3 17.3 14.4 12.5 12.5 7.8 2.7 9.4 15.5 16.1 17.4 13.1 17.5 16.2 13.7 11.3 8.3 14.0 11.9 9.9 10.9 9.8 9.2
Income Before Tax 33.4 31.6 32.2 33.0 31.0 31.8 42.7 37.5 32.9 33.8 38.4 42.6 47.1 19.0 17.7 20.1 22.9 1.3 17.3 14.4 12.5 12.5 7.8 2.7 9.4 15.5 16.1 17.4 13.1 17.5 16.2 13.7 11.3 8.3 14.0 11.9 9.9 10.9 9.8 9.2
Income Tax Expense 6.4 5.5 6.5 6.7 6.3 6.6 8.8 7.8 6.8 6.6 7.4 7.5 9.9 2.6 3.4 3.7 4.2 1.8 2.9 2.7 2.5 2.3 1.3 0.5 1.9 2.9 3.0 3.1 2.6 3.4 3.2 2.6 2.1 6.3 3.9 3.2 3.0 3.3 3.0 2.8
Net Income 27.0 26.1 25.7 26.4 24.7 25.2 33.9 29.8 26.1 27.3 30.9 35.2 37.1 16.4 14.3 16.4 18.7 (0.5) 14.4 11.7 10.0 10.2 6.4 2.2 7.5 12.6 13.1 14.3 10.5 14.1 13.0 11.0 9.1 2.0 10.0 8.7 6.9 7.6 6.8 6.4
Per Share Data
EPS (Basic) 0.53 0.51 0.50 0.51 0.46 0.52 0.63 0.56 0.49 0.51 0.58 0.66 0.70 0.05 0.52 0.48 0.65 -0.02 0.59 0.48 0.41 0.42 0.26 0.09 0.30 0.51 0.52 0.57 0.42 0.57 0.52 0.44 0.37 0.08 0.46 0.40 0.31 0.35 0.31 0.26
EPS (Diluted) 0.53 0.51 0.50 0.51 0.46 0.47 0.63 0.56 0.49 0.51 0.58 0.66 0.70 0.04 0.52 0.48 0.64 -0.02 0.59 0.48 0.41 0.41 0.26 0.09 0.30 0.50 0.52 0.57 0.42 0.56 0.52 0.44 0.37 0.08 0.45 0.39 0.31 0.34 0.30 0.26
Shares Outstanding 51.1 51.1 51.3 51.5 53.1 53.5 53.5 53.6 53.3 53.3 53.3 53.3 53.0 35.0 24.5 24.6 24.6 24.4 24.4 24.4 24.5 24.6 24.7 24.8 24.9 25.0 24.9 24.9 24.9 24.9 24.9 24.9 24.8 23.6 21.8 21.8 21.8 21.8 21.8 24.5
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4
Current Assets
Cash & Cash Equivalents 549.6 419.5 728.4 578.1 560.6 911.2 516.2 490.2 399.7 399.2 302.3 304.1 263.3 371.7 370.4 484.0 771.0 757.5 998.8 788.4 604.7 538.0 377.6 492.4 284.9 372.1 289.4 266.8 276.5 382.1 281.6 245.3 279.9 326.2 349.2 307.8 0 382.7
Short-Term Investments 1,482.9 1,805.0 75.5 1,192.3 1,155.3 1,185.8 1,691.8 1,631.0 1,523.1 1,395.7 1,415.0 1,478.2 1,519.2 1,807.6 242.4 255.2 264.8 1,773.8 165.9 139.1 118.0 200.7 78.6 64.9 50.9 53.3 53.1 0 0 57.7 0 0 0 0 60.4 0 0 0
Net Receivables 36.6 35.9 34.9 35.5 37.7 37.9 39.5 43.3 45.5 44.2 43.5 42.1 42.4 44.7 0 0 0 33.4 0 0 0 0 0 0 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 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 0 0 0 0 0 0 0 0 0 0 0 0 279.9 0
Total Current Assets 2,069.0 2,260.4 838.8 1,805.9 1,753.5 2,134.9 2,247.4 2,164.6 1,968.3 1,839.2 1,760.8 1,824.4 1,824.9 2,224.0 612.8 739.2 1,035.8 2,564.7 1,164.7 927.5 722.7 738.7 456.1 557.3 335.8 425.3 342.5 266.8 276.5 439.8 281.6 245.5 280.5 326.8 409.6 307.8 279.9 382.7
Non-Current Assets
Property, Plant & Equipment 99.9 106.1 107.8 108.6 109.8 111.9 113.7 114.0 115.7 118.7 119.3 119.1 124.7 126.8 66.6 67.3 67.5 63.7 70.8 72.5 73.5 74.4 74.6 64.8 62.8 63.8 64.0 63.7 64.3 51.6 52.0 52.6 53.1 53.6 54.1 56.6 56.0 57.5
Goodwill 497.3 497.3 497.3 497.3 497.3 497.3 497.3 497.3 497.3 497.3 497.3 497.3 497.3 497.3 81.0 81.0 81.0 223.6 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0 81.0
Intangible Assets 66.1 71.0 75.9 81.5 87.0 92.5 98.1 104.3 110.5 116.7 122.9 129.8 136.7 143.5 3.2 3.4 3.5 14.7 3.7 3.8 4.0 4.2 4.3 4.5 4.7 4.9 5.1 5.3 5.5 5.8 6.0 6.3 6.5 6.8 7.0 7.3 7.3 7.8
Long-Term Investments 7,884.3 7,610.4 7,474.6 7,204.2 7,199.4 7,846.0 7,466.6 7,619.1 7,811.8 7,833.4 7,911.0 7,968.5 7,789.9 7,661.6 3,380.6 3,316.5 3,152.3 4,193.2 2,790.5 2,883.1 3,044.6 2,941.4 3,088.3 3,084.1 2,841.2 2,810.0 2,845.4 2,869.9 2,764.7 2,608.4 2,676.7 2,624.4 2,564.7 2,523.7 2,345.5 2,400.2 221.7 2,348.5
Other Non-Current Assets 272.6 261.4 1,633.7 795.5 787.9 223.2 206.5 224.4 225.6 241.8 254.2 239.3 231.3 247.2 98.1 92.3 89.2 35.1 88.7 88.9 92.0 98.9 98.3 98.6 93.2 86.1 86.5 86.5 85.5 85.4 85.4 84.2 82.9 83.5 84.7 79.8 2,260.0 65
Total Non-Current Assets 8,820.3 8,546.2 9,789.3 8,687.1 8,681.4 8,770.9 8,382.3 8,559.1 8,760.9 8,808.0 8,904.7 8,954.0 8,779.8 8,676.4 3,659.0 3,583.1 3,410.2 4,540.3 3,044.4 3,139.1 3,306.0 3,210.5 3,358.5 3,344.4 3,089.9 3,053.2 3,089.1 3,112.7 3,006.9 2,839.3 2,908.8 2,855.3 2,794.3 2,754.3 2,580.2 2,633.1 2,634.6 2,568.8
Total Assets 10,889.4 10,806.6 10,628.1 10,493.0 10,434.9 10,905.8 10,629.8 10,723.7 10,729.2 10,647.1 10,665.5 10,778.4 10,604.7 10,900.4 4,271.8 4,322.3 4,446.0 7,105.0 4,209.1 4,066.5 4,028.6 3,949.2 3,814.7 3,901.7 3,425.7 3,478.5 3,431.6 3,379.5 3,283.5 3,279.1 3,190.5 3,100.8 3,074.8 3,081.1 2,989.8 2,940.9 2,914.5 2,951.5
Current Liabilities
Account Payables 5.2 5.5 9.4 7.6 9.9 17.1 16.9 12.3 12.2 11.3 7.6 4.6 3.9 2.1 0 0 0 1.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Short-Term Debt 0 0 0 17.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.2 2.5 1.4 0.5 1.2 0.8 1.6 2.5 1.4 1.4 0.9 1.5 2.2 2.2 2.5 2.3
Deferred Revenue 0 0 0 0 0 0 0 0 0 6.9 6.4 2.3 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 8,982.0 9,021.5 8,817.5 8,671.5 8,559.6 9,124.2 8,741.6 8,725.3 8,794.7 8,866.6 8,680.2 8,766.4 8,738.9 9,267.6 3,723.8 3,756.6 3,821.2 6,047.6 3,531.6 3,416.8 3,384.7 3,301.8 3,170.7 3,254.2 2,792.2 2,852.4 2,744.3 2,738.9 2,751.0 2,766.3 2,690.1 2,561.3 2,599.7 2,603.0 2,554.6 2,516.8 2,271.9 2,540.8
Total Current Liabilities 8,987.2 9,027.0 8,826.9 8,681.2 8,572.6 9,145.4 8,759.5 8,737.6 8,806.9 8,884.8 8,694.2 8,770.9 8,742.8 9,269.7 3,723.8 3,756.6 3,821.2 6,049.4 3,531.6 3,416.8 3,384.7 3,301.8 3,172.8 3,256.7 2,793.6 2,852.9 2,745.5 2,739.7 2,752.6 2,768.8 2,691.4 2,562.7 2,600.6 2,604.5 2,556.9 2,519.0 2,274.4 2,543.1
Non-Current Liabilities
Long-Term Debt 175.3 40.2 70.2 140.1 190.1 70.1 170.1 350.0 324.9 159.8 433.6 479.5 348.4 173.3 0 0 50 198.8 50 50 50 50 50 50 50 50 120 90 0 1.6 6.7 56.7 6.7 6.7 31.1 32.2 33.3 34.4
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
Other Non-Current Liabilities 59.1 70.7 77.9 67.9 61.4 82.4 74.1 70.3 66.7 81.6 76.7 69.2 67.4 74.2 32.9 24.8 21.3 26.1 48.3 27.9 32.5 34.5 35.2 40.7 29.8 24.2 25.3 21.8 17.1 21.1 20.4 20.1 15.9 23.6 20.8 17.8 243.2 16.4
Total Non-Current Liabilities 234.3 111.0 148.1 208.0 251.5 152.5 244.1 420.2 391.6 241.4 510.4 548.7 415.8 247.5 46.6 39.0 85.0 239.1 112.9 93.5 98.5 101.0 100.9 107.7 95.1 90.0 160.8 126.6 32.2 22.7 27.2 76.8 22.7 30.4 51.9 50.0 276.5 50.8
Total Liabilities 9,221.6 9,137.9 8,975.0 8,889.2 8,824.1 9,297.9 9,003.7 9,157.9 9,198.5 9,126.1 9,204.6 9,319.7 9,158.5 9,517.3 3,770.4 3,795.6 3,906.3 6,288.5 3,644.5 3,510.3 3,483.3 3,402.8 3,273.8 3,364.4 2,888.8 2,942.8 2,906.4 2,866.3 2,784.8 2,791.5 2,718.6 2,639.6 2,623.2 2,634.9 2,608.7 2,568.9 2,550.9 2,593.9
Stockholders' Equity
Common Stock 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.2 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 0.2 0.2 114.9 0.2
Retained Earnings 585.4 566.2 547.7 529.2 510.1 492.6 474.9 447.9 425.1 405.9 385.6 361.6 333.4 303.1 262.8 253.2 244.7 267.1 241.0 229.8 221.3 214.5 206.7 202.8 203.1 201.1 191.0 180.4 168.6 160.6 147.8 136 126.2 118.4 117.6 108.6 101.1 95.3
Accumulated Other Comprehensive Income (89.0) (73.0) (77.9) (110.9) (102.4) (125.4) (87.9) (121.2) (130.2) (118.1) (157.0) (132.0) (113.3) (143.3) (69.8) (46.8) (27.2) 18.2 2.4 5.2 3.3 6.8 6.4 6.6 6.4 2.4 2.5 1.6 (0.6) (3.0) (5.6) (4.0) (3.3) (0.4) 0.2 0.0 (0.7) (0.9)
Total Stockholders' Equity 1,667.8 1,668.7 1,653.1 1,603.8 1,610.8 1,607.9 1,626.1 1,565.8 1,530.7 1,521.0 1,460.8 1,458.7 1,446.2 1,383.2 501.4 526.7 539.7 816.5 564.6 556.2 545.3 546.5 540.9 537.4 536.9 535.7 525.2 513.2 498.7 487.6 471.9 461.2 451.6 446.2 381.1 372.0 363.6 357.6
Total Liabilities & Equity 10,889.4 10,806.6 10,628.1 10,493.0 10,434.9 10,905.8 10,629.8 10,723.7 10,729.2 10,647.1 10,665.5 10,778.4 10,604.7 10,900.4 4,271.8 4,322.3 4,446.0 7,105.0 4,209.1 4,066.5 4,028.6 3,949.2 3,814.7 3,901.7 3,425.7 3,478.5 3,431.6 3,379.5 3,283.5 3,279.1 3,190.5 3,100.8 3,074.8 3,081.1 2,989.8 2,940.9 2,914.5 2,951.5
Debt Metrics
Total Debt 175.3 40.2 70.2 157.2 190.1 70.1 170.1 350.0 324.9 159.8 433.6 479.5 348.4 173.3 13.7 14.2 63.8 212.9 64.6 65.6 66.1 66.4 67.9 69.5 66.8 66.2 136.7 105.6 16.7 4.1 8.1 58.2 7.6 8.3 33.3 34.4 35.8 36.7
Net Debt (374.3) (379.2) (658.3) (420.9) (370.5) (841.1) (346.2) (140.3) (74.9) (239.5) 131.4 175.4 85.0 (198.4) (356.7) (469.8) (707.2) (544.6) (934.2) (722.8) (538.6) (471.6) (309.7) (422.9) (218.1) (305.9) (152.7) (161.2) (259.8) (378.0) (273.6) (187.3) (272.9) (318.5) (315.9) (273.4) 35.8 (346.0)
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
Operating Activities
Net Income 27.0 26.1 25.7 26.4 24.7 25.2 33.9 29.8 26.1 27.3 30.9 35.2 37.1 16.4 14.3 16.4 18.7 (0.5) 14.4 11.7 10.0 10.2 6.4 2.2 7.5 12.6 13.1 14.3 10.5 14.1 13.0 11.0 9.1 2.0 10.0 8.7 6.9 7.6 6.8
Depreciation & Amortization 6.9 7.0 8.9 7.5 7.5 7.6 8.1 8.2 8.2 8.2 8.8 8.7 8.7 10.2 1.8 1.8 1.8 1.4 1.4 1.4 1.4 1.5 1.4 1.4 1.3 1.4 1.3 1.4 1.4 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.1 1.1 1.1
Stock-Based Compensation 2.0 2.0 2.6 2.6 2.0 2.1 3.0 2.8 2.8 1.7 2.8 2.8 2.6 7.5 1.0 0.9 1.0 1.0 0.7 0.6 0.5 0.2 0.6 0.6 0.6 0.7 0.6 0.6 0.5 0.4 0.4 0.3 0.4 0.3 0.0 0.0 0.0 0.0 0.0
Change in Working Capital (15.2) (24.4) (37.1) 37.1 (37.1) (25.6) 27.1 9.3 (5.2) 6.0 4.2 0.4 7.6 (9.5) 13.2 1.3 (9.6) (19.6) 20.3 (0.6) 2.9 (1.1) (7.7) 5.1 (4.2) (2.0) 5.1 2.0 (4.0) 1.5 1.5 1.3 (4.0) 2.0 0.3 (2.0) 2.0 (1.2) 4.1
Other Non-Cash Items (5.0) 4.3 64.4 (47.6) (3.8) (6.6) (13.3) (10.8) (3.4) (10.4) (7.5) (9.7) (7.5) 43.3 3.9 4.5 4.2 (2.0) (7.1) (5.3) 0.3 (0.3) 3.4 9.9 5.0 (0.4) 0.4 (2.6) 1.0 (2.8) (1.5) 0.3 0.6 0.9 (2.3) (1.1) 0.6 (0.6) 1.1
Operating Cash Flow 16.5 13.3 63.6 25.8 (5.7) 3.9 59.5 38.1 31.1 31.3 38.9 49.0 49.0 69.9 33.3 24.8 16.1 (20.2) 30.5 8.6 15.9 11.8 3.6 14.6 10.4 11.9 19.6 14.6 10.0 14.1 13.8 13.7 7.7 8.6 9.4 6.8 10.8 6.8 13.9
Investing Activities
Capital Expenditure (0.3) (1.3) (0.8) 0.8 (0.8) (1.3) (1.8) (1.0) (0.6) (1.2) (3.1) (1.2) (1.2) (3.0) (0.3) (0.2) (0.2) (0.0) (0.1) (0.3) (0.3) (0.3) (11.8) (1.2) (0.1) (0.5) (0.6) (0.7) (0.7) (0.4) (0.3) (0.3) (0.4) (0.3) (0.1) (0.1) (0.5) 0.0 0.3
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (1,237.3) (1,520.4) (1,775.8) (1,580.0) (1,511.0) (2,756.4) (2,457.0) (137.5) (185.7) (3,460.1) (600) (11.1) (22.2) (1,783.0) (16.2) (1,634.8) (763.6) (228.1) (217.3) (185.2) (227.8) (184.1) (162.7) (170.4) (160.7) (161.8) (175.9) (161.9) (156.0) (157.6) (160.7) (92.2) (86.1) (87.6) (89.4) (79.2) (99.4) (118.7) (100.9)
Sales/Maturities of Investments 1,553.5 1,171.2 1,705.7 1,559.2 1,495.1 2,727.6 2,437.3 39.1 40.3 3,523.6 630.4 27.3 348.7 2,232.3 43.8 1,648.0 640.4 163.9 162.6 168.8 171.2 172.9 172.9 167.3 162.5 160.7 181.0 156.6 158.0 155.2 165.1 80.7 83.8 81.8 91.4 80.2 84.4 87.1 88.8
Other Investing Activities (284.4) (128.3) 95.7 (21.8) 164.1 143.6 160.5 202.7 36.3 98.2 64.4 (174.9) (122.2) 64.7 (255.5) (60.5) (63.3) (260.4) 123.8 163.0 32.2 36.7 (29.7) (263.4) (32.2) 37.8 (34.8) (92.2) (98.1) 18.2 (59.0) (47.7) (46.1) (111.7) (4.4) 10.1 (60.7) 15.5 (17.1)
Investing Cash Flow 31.8 (478.7) 24.9 (41.8) 147.4 113.5 138.9 103.3 (109.6) 160.5 91.6 (159.9) 203.0 510.6 (228.3) (47.5) (186.6) (324.6) 69.0 146.3 (24.7) 25.1 (31.3) (267.7) (30.5) 36.2 (30.3) (98.9) (96.7) 15.5 (54.9) (59.5) (48.8) (117.7) (2.5) 11.0 (76.2) (16.0) (28.9)
Financing Activities
Net Debt Issuance 135 (30) (70) (50) 120 (100) (180) 25 165 (274) (46) 131 175 (26) 257 (90) 0 (65.6) 0 0 0 0 0 0 0 (70) 30 90 (1.6) 0 (50) 50 0 (24.4) (1.1) (1.1) (1.1) (1.1) (1.1)
Stock Repurchased (4.2) (9.1) (39.4) (20.1) (39.4) 0 (2.8) 0 (0.2) 0 0 0 0 (8.6) (13.9) (9.7) 0 0.2 (0.9) 0 (5.0) (2.9) (0.7) 0 (5.4) 0 (0.0) 0 0 0 0 0 0 0 0 0 0 0.0 0
Dividends Paid (7.8) (7.6) (5.5) (7.2) (7.3) (7.5) (6.9) (6.9) (7.0) (6.9) (6.9) (6.9) (6.9) (5.8) (2.8) (2.9) (2.9) (3.2) (3.2) (3.2) (2.5) (2.5) (2.5) (2.5) (2.5) (2.5) (2.5) (2.5) (1.2) (1.3) (1.2) (1.2) (1.2) (1.1) (2.2) 0 (1.1) (1.1) (1.1)
Other Financing Activities (39.5) 204.0 176.7 110.9 (565.7) 385.3 17.3 (69.4) (78.8) 186.7 (79.7) 27.5 (528.7) (346.1) (219.9) (281.7) 114.7 361.0 114.9 32.0 82.9 128.9 (83.9) 463.1 (59.2) 107.1 5.8 (12.9) (16.1) 72.1 128.7 (37.6) (3.9) 40.5 37.9 18.1 (42.2) 14.2 60.5
Financing Cash Flow 81.8 156.4 61.8 33.5 (492.3) 277.6 (172.5) (50.9) 79.0 (94.9) (132.3) 151.7 (360.4) (386.5) 20.7 (383.8) 112.4 296.2 110.8 28.8 75.4 123.6 (87.0) 460.6 (67.1) 34.6 33.3 74.6 (18.9) 70.8 77.5 11.2 (5.2) 86.8 34.6 17.0 (44.4) 12.0 58.3
Cash Position
Net Change in Cash 130.1 (309.0) 150.3 17.5 (350.6) 395.0 26.0 90.5 0.5 97.0 (1.8) 40.8 (108.4) 0 (174.3) (406.5) (58.1) (48.6) 210.4 183.7 66.7 160.4 (114.8) 207.5 (87.2) 82.7 22.6 (9.7) (105.6) 100.4 36.4 (34.6) (46.3) (22.4) 41.4 34.8 (109.7) 2.8 43.3
Cash at Beginning 419.5 728.4 578.1 560.6 911.2 516.2 490.2 399.7 399.2 302.3 304.1 263.3 371.7 370.4 292.8 699.4 757.5 998.8 788.4 604.7 538.0 377.6 492.4 284.9 372.1 289.4 266.8 276.5 382.1 281.6 245.3 279.9 326.2 348.6 307.2 272.4 382.1 379.3 336.0
Cash at End 549.6 419.5 728.4 578.1 560.6 911.2 516.2 490.2 399.7 399.2 302.3 304.1 263.3 371.7 118.6 292.8 699.4 950.1 998.8 788.4 604.7 538.0 377.6 492.4 284.9 372.1 289.4 266.8 276.5 382.1 281.6 245.3 279.9 326.2 348.6 307.2 272.4 382.1 379.3
Free Cash Flow 16.2 12.0 62.9 26.5 (6.4) 2.6 57.7 37.1 30.5 30.1 35.8 47.7 47.8 66.9 33.0 24.6 15.9 (20.2) 30.4 8.3 15.6 11.4 (8.3) 13.4 10.2 11.4 19.0 13.2 10.0 13.8 13.5 13.4 7.3 8.3 9.3 6.7 10.3 6.9 14.2
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
Income Statement
Revenue 143.6 149.5 150.4 148.5 147.8 155.1 158.1 157.6 154.7 159.1 156.0 152.4 147.9 217.1 70.9 65.5 64.3 35.9 37.8 35.5 37.4 37.4 37.5 37.0 40.2 41.9 42.9 45.6 40.2 40.4 37.8 36.3 34.1 33.1 33.3 31.8 31 32.0 30.7 30.5
Gross Profit 101.9 103.8 105.3 103.0 101.1 107.0 113.8 108.8 104.3 111.8 109.1 111.8 119.7 138.2 61.7 58.0 57.4 35.7 41.3 39.1 35.4 35.8 31.3 24.8 31.1 37.2 37.7 40.4 35.4 38.9 35.8 33.3 31.2 29.9 32.6 30.3 27.9 29.1 27.3 27.5
Operating Income 33.4 31.6 32.2 33.0 31.0 31.8 42.7 37.5 32.9 33.8 38.4 42.6 47.1 19.0 17.7 20.1 22.9 1.3 17.3 14.4 12.5 12.5 7.8 2.7 9.4 15.5 16.1 17.4 13.1 17.5 16.2 13.7 11.3 8.3 14.0 11.9 9.9 10.9 9.8 9.2
Net Income 27.0 26.1 25.7 26.4 24.7 25.2 33.9 29.8 26.1 27.3 30.9 35.2 37.1 16.4 14.3 16.4 18.7 (0.5) 14.4 11.7 10.0 10.2 6.4 2.2 7.5 12.6 13.1 14.3 10.5 14.1 13.0 11.0 9.1 2.0 10.0 8.7 6.9 7.6 6.8 6.4
EPS (Diluted) 0.53 0.51 0.50 0.51 0.46 0.47 0.63 0.56 0.49 0.51 0.58 0.66 0.70 0.04 0.52 0.48 0.64 -0.02 0.59 0.48 0.41 0.41 0.26 0.09 0.30 0.50 0.52 0.57 0.42 0.56 0.52 0.44 0.37 0.08 0.45 0.39 0.31 0.34 0.30 0.26
Balance Sheet
Cash & Equivalents 549.6 419.5 728.4 578.1 560.6 911.2 516.2 490.2 399.7 399.2 302.3 304.1 263.3 371.7 370.4 484.0 771.0 757.5 998.8 788.4 604.7 538.0 377.6 492.4 284.9 372.1 289.4 266.8 276.5 382.1 281.6 245.3 279.9 326.2 349.2 307.8 0 382.7
Total Assets 10,889.4 10,806.6 10,628.1 10,493.0 10,434.9 10,905.8 10,629.8 10,723.7 10,729.2 10,647.1 10,665.5 10,778.4 10,604.7 10,900.4 4,271.8 4,322.3 4,446.0 7,105.0 4,209.1 4,066.5 4,028.6 3,949.2 3,814.7 3,901.7 3,425.7 3,478.5 3,431.6 3,379.5 3,283.5 3,279.1 3,190.5 3,100.8 3,074.8 3,081.1 2,989.8 2,940.9 2,914.5 2,951.5
Total Debt 175.3 40.2 70.2 157.2 190.1 70.1 170.1 350.0 324.9 159.8 433.6 479.5 348.4 173.3 13.7 14.2 63.8 212.9 64.6 65.6 66.1 66.4 67.9 69.5 66.8 66.2 136.7 105.6 16.7 4.1 8.1 58.2 7.6 8.3 33.3 34.4 35.8 36.7
Stockholders' Equity 1,667.8 1,668.7 1,653.1 1,603.8 1,610.8 1,607.9 1,626.1 1,565.8 1,530.7 1,521.0 1,460.8 1,458.7 1,446.2 1,383.2 501.4 526.7 539.7 816.5 564.6 556.2 545.3 546.5 540.9 537.4 536.9 535.7 525.2 513.2 498.7 487.6 471.9 461.2 451.6 446.2 381.1 372.0 363.6 357.6
Cash Flow
Operating Cash Flow 16.5 13.3 63.6 25.8 (5.7) 3.9 59.5 38.1 31.1 31.3 38.9 49.0 49.0 69.9 33.3 24.8 16.1 (20.2) 30.5 8.6 15.9 11.8 3.6 14.6 10.4 11.9 19.6 14.6 10.0 14.1 13.8 13.7 7.7 8.6 9.4 6.8 10.8 6.8 13.9
Capital Expenditure (0.3) (1.3) (0.8) 0.8 (0.8) (1.3) (1.8) (1.0) (0.6) (1.2) (3.1) (1.2) (1.2) (3.0) (0.3) (0.2) (0.2) (0.0) (0.1) (0.3) (0.3) (0.3) (11.8) (1.2) (0.1) (0.5) (0.6) (0.7) (0.7) (0.4) (0.3) (0.3) (0.4) (0.3) (0.1) (0.1) (0.5) 0.0 0.3
Free Cash Flow 16.2 12.0 62.9 26.5 (6.4) 2.6 57.7 37.1 30.5 30.1 35.8 47.7 47.8 66.9 33.0 24.6 15.9 (20.2) 30.4 8.3 15.6 11.4 (8.3) 13.4 10.2 11.4 19.0 13.2 10.0 13.8 13.5 13.4 7.3 8.3 9.3 6.7 10.3 6.9 14.2