Telephone and Data Systems, Inc. logo TDS - Telephone and Data Systems, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $27.67 DETAILS
HIGH: $51.00
LOW: $16.00
MEDIAN: $16.00
CONSENSUS: $27.67
DOWNSIDE: 19.38%
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 1992 1991 1990 1989 1988 1987 1986
Revenue
Revenue 1,228.2 4,964 5,160 5,413 5,329 5,225 5,176 5,109 5,044 5,104 5,176.2 5,009.4 4,901.2 5,345.3 5,180.5 4,986.8 5,020.7 5,092.0 4,829.0 4,364.5 3,960.1 3,720.4 3,445.2 2,985.4 2,588.5 2,326.9 1,963.1 1,805.7 1,471.5 1,214.6 954.4 730.8 590.7 456.1 354 294.6 239.7 196.3 174.6 155
Cost of Revenue 1,290.2 2,135 2,334 2,565 2,472 2,354 2,337 2,336 2,359 2,429 2,414.9 2,511.5 2,225.3 2,272.6 2,041.1 1,911.6 1,864.4 1,853.7 1,696.5 1,541.5 1,420.3 1,304.2 1,182.9 2,599.0 2,152.4 1,507.6 1,252.3 1,417.1 1,173.6 828.9 621.3 460.2 393.5 303.1 236.7 184.6 158.3 122.2 52.7 50.5
Gross Profit (62.0) 2,829 2,826 2,848 2,857 2,871 2,839 2,773 2,685 2,675 2,761.3 2,498.0 2,675.9 3,072.7 3,139.3 3,075.3 3,156.2 3,238.3 3,132.5 2,823.0 2,539.8 2,416.2 2,262.3 386.4 436.2 819.2 710.8 388.6 297.9 385.7 333.1 270.6 197.2 153 117.3 110 81.4 74.1 121.9 104.5
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 0 1,721 1,753 1,768 1,677 1,681 1,717 1,694 1,686 1,759 1,780.5 1,865.8 1,947.8 2,033.9 4,053.0 2,011.8 1,966.7 1,921.4 1,797.6 1,672.7 1,509.0 1,421.0 1,298.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 45.7 36.2
Other Expenses 0 1,045 1,487 958 919 931 943 2 1 850 0.4 0.1 (0.0) 0.7 765.8 761.7 750.0 750.1 807.1 737.5 632.8 774.5 648.5 0 1.3 399.1 353.3 409.5 301.6 231.6 201.1 161.8 127.5 99 76.8 62.9 53.3 44.1 45.5 41.3
Operating Expenses 0 2,766 3,240 2,726 2,596 2,612 2,660 4,913 4,889 5,037 5,039.8 5,213.8 5,191.2 2,847.5 4,818.8 4,696.8 2,716.7 4,549.5 2,604.6 2,410.2 2,141.7 2,195.5 1,946.8 985.0 1.3 399.1 353.3 409.5 301.6 231.6 201.1 161.8 127.5 99 76.8 62.9 53.3 44.1 91.2 77.5
Operating Income
Operating Income (62) 63 (414) 122 261 259 179 205 (105) 60 397.1 (189.9) 235.4 183.9 362.5 290.0 407.8 128.2 527.9 412.8 398.0 220.8 315.5 386.4 434.9 420.1 357.5 (20.9) (3.7) 154.1 132 108.8 69.7 54 40.5 47.1 28.1 30 30.7 27
Interest Expense 112.7 279 244 174 232 168 165 172 170 170 142 111.4 98.8 86.7 118.2 115.2 124.6 137.9 80.2 0 0 0 92.0 101.1 93.3 100.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 40.3 27 20 17 11 15 29 26 15 11 5 17.0 9.1 9.2 9.1 10.5 11.1 39.1 70.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 553.5 1,202 682 1,080 1,180 1,190 1,122 1,079 996 964 1,420.7 795.7 1,394.4 1,096.6 1,247.7 1,158.2 1,261.6 1,041.0 1,642.3 1,295.4 1,039.2 1,016.0 859.9 896.8 886.2 819.2 723.6 596.5 485.3 416.5 323.5 270.6 197.2 153 117.3 110 81.4 74.1 69.3 61
EBIT 201.6 259 (233) 151 285 281 190 196 48 114 576.3 (41) 391.7 283.0 481.9 396.5 511.7 290.9 894.2 557.9 380.7 348.1 261.6 386.4 436.2 420.1 370.3 270.4 222.9 185.5 132 108.8 69.7 54 40.5 47.1 28.1 30 30.7 27
Income Before Tax 89.0 (20) (477) 125 221 288 211 221 (122) 92 434.6 (152.2) 292.9 196.2 363.7 281.3 387.1 153.0 685.5 278.2 396.1 149.3 178.4 (1,555.7) (172) 295.0 542.4 133.7 19.1 251.7 185 101.2 60.4 68.3 36 43.6 19 17.9 19.5 13.7
Income Tax Expense (62.2) 6 10 53 33 19 64 46 (279) 40 172.0 (4.9) 126.0 73.6 113.5 92.3 133.4 30.1 269.1 116.5 140.6 78.7 79.9 (577) (44.9) 149.5 228.2 69.3 28.6 123.6 81 40.7 26.5 29.8 14.9 16.4 7.9 7.3 8.2 3.9
Net Income (6.2) (28) (500) 62 156 226 121 135 153 43 219.0 (136.4) 141.9 81.9 200.6 143.9 193.9 93.5 386.1 161.8 222.5 49.0 61.5 (984.4) (198.1) 2,237.0 230 64.4 (9.5) 128.1 104 59.8 33.9 30.8 21.1 27.2 11.1 11.3 12.5 14.5
Per Share Data
EPS (Basic) -0.66 -0.85 -5.04 -0.07 1.02 1.98 1.06 1.21 1.38 0.39 2.02 -1.26 1.31 0.75 1.70 1.26 1.63 0.74 3.02 1.28 1.78 0.39 0.49 -7.72 -1.55 17.17 2.20 0.40 -0.07 0.98 0.82 0.50 0.33 0.36 0.30 0.41 0.18 0.21 0.26 0.31
EPS (Diluted) -0.66 -0.85 -5.04 -0.07 1.00 1.93 1.03 1.18 1.37 0.39 1.99 -1.26 1.30 0.75 1.69 1.25 1.63 0.74 2.98 1.27 1.76 0.39 0.49 -7.72 -1.55 16.97 2.17 0.39 -0.07 0.97 0.82 0.50 0.33 0.36 0.30 0.41 0.18 0.21 0.26 0.31
Shares Outstanding 115.2 114 113 114 115 114 114 112 111 110 108.6 107.9 108.5 108.7 118.0 114.3 118.9 125.9 127.9 126.0 125.3 124.6 125.5 127.5 127.5 130.3 104.4 161.5 131.6 131.2 126.8 119.0 102.2 86.4 71.5 65.7 60.9 52.6 48.5 46.2
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 1992 1991 1990 1989 1988 1987 1986
Current Assets
Cash & Cash Equivalents 766.0 364 236 360 367 1,429 465 921 619 900 984.6 471.9 830.0 740.5 563.3 368.1 671.0 777.3 1,174.4 1,013.3 1,095.8 1,168.6 937.7 1,298.9 140.7 99.0 111 50.1 51 57.6 55.1 24.7 55.7 40.8 37.1 43.4 33.7 51.8 50 46.2
Short-Term Investments 0 0 0 0 0 3 0 17 100 0 0 0 50.1 115.7 246.3 402.9 113.3 27.7 1,917.9 1,205.3 0 0 0 0 0 3.6 5 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 111.3 1,043 1,078 1,240 1,335 1,299 1,160 1,111 963 861 873 797.4 733.5 584.0 628.2 512.9 511.9 516.8 530.4 520.2 489.5 440.1 409.7 488.0 435.2 338.3 317.0 256.8 247.3 181.2 145.3 110.3 80.8 64.5 51.3 36.6 37.8 31.6 27.4 24.3
Inventory 4.1 183 208 268 178 154 169 150 145 151 158.2 273.7 244.6 160.7 130.0 116.3 157.0 122.4 115.8 129.0 103.2 91.6 87.3 72.4 71.4 61.5 39.9 36.6 55.1 29.1 20.7 17.1 13.9 9.7 9.3 7.5 6.4 6.4 6.1 6.3
Other Current Assets 14.0 33 52 58 79 36 29 28 27 32 30.3 137.5 141.2 76.2 57.2 54.5 96.6 91.3 59.9 61.7 48.2 66.0 70.4 88.6 27.0 25.5 0 34.1 54.9 78.2 40.1 33.8 29.2 28.4 23.8 34.3 36.1 4.2 3.5 1.8
Total Current Assets 923.5 1,695 1,660 2,028 2,062 3,026 1,921 2,330 1,966 2,059 2,158.3 1,767.0 2,087.3 1,763.4 1,705.7 1,596.1 1,644.1 1,628.9 3,875.6 2,973.1 1,779.0 1,810.2 1,504.9 1,948.0 674.4 527.1 508 405.4 408.3 346.1 261.2 185.9 179.6 143.4 121.5 121.8 114 94 87 78.6
Non-Current Assets
Property, Plant & Equipment 3,480.5 5,976 6,049 5,755 5,401 4,970 4,499 3,346 3,424 3,555 3,764.5 3,846.1 3,878.1 3,997.3 3,784.5 3,558.3 3,507.8 3,568.9 3,525.1 3,581.4 3,526.2 3,385.5 3,351.0 3,196.2 2,558.0 2,186.0 2,095.9 2,672.6 2,465.7 1,829 2,471.8 2,153.6 1,738.3 1,275.5 898.4 564.3 463.1 421.2 355.1 322.4
Goodwill 0 0 0 547 547 547 547 509 509 766 765.8 771.4 836.8 797.2 797.1 728.5 707.8 707.1 679.1 647.9 869.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 1,774.6 4,750 4,885 4,903 4,293 2,851 2,719 2,448 2,511 2,172 2,135.1 1,762.4 1,618.9 1,538.6 1,544.7 1,490.9 1,469.6 1,441.4 1,542.5 1,546.6 1,414.4 2,077.0 2,097.2 1,146.5 1,683.2 1,371.3 1,333.9 1,694.1 500.6 563.2 466.7 169 92.3 80.1 93.9 76.8 50.9 0 0 0
Long-Term Investments 461.9 500 505 495 479 477 488 480 453 452 402.3 322.2 302.4 231.1 221.9 309.1 206.0 216.4 0 0 0 0 0 (1.9) (11.7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 1,757.7 762 823 (147) 710 654 607 670 432 442 196.5 437.9 180.5 296.4 49.6 79.6 73.4 89.6 271.8 1,850.6 2,815.2 3,721.2 3,218.1 3,311.2 3,131.2 4,550.2 1,438 755.4 1,597 1,462.7 269.4 281.6 249 197.5 254.3 177.4 143.2 82.4 58.7 36.9
Total Non-Current Assets 7,474.8 11,988 12,262 12,522 11,430 9,499 8,860 7,453 7,329 7,387 7,264.1 7,140.0 6,816.8 6,860.5 6,495.3 6,166.4 5,964.6 6,023.5 6,018.6 7,626.4 8,625.6 9,183.6 8,666.3 7,654.0 7,372.4 8,107.5 4,867.8 5,122.1 4,563.3 3,854.9 3,207.9 2,604.2 2,079.6 1,553.1 1,246.6 818.5 657.2 503.6 413.8 359.3
Total Assets 8,398.3 13,683 13,922 14,550 13,492 12,525 10,781 9,783 9,295 9,446 9,422.5 8,906.9 8,904.1 8,623.9 8,201.0 7,762.5 7,608.8 7,652.4 9,894.1 10,599.5 10,404.6 10,993.8 10,171.2 9,602.0 8,046.8 8,634.6 5,375.8 5,527.5 4,971.6 4,201 3,469.1 2,790.1 2,259.2 1,696.5 1,368.1 940.3 771.2 597.6 500.8 437.9
Current Liabilities
Account Payables 115.8 280 360 506 481 508 374 365 368 365 349 387.1 496.1 377.3 364.7 344.4 347.3 319.6 1,314.4 294.9 337.7 327.5 361.0 361.8 270.0 275.9 206.9 232.3 239.8 205.4 122.9 113 82.9 58.2 43.7 37.2 32.8 0 0 0
Short-Term Debt 31.5 31 26 19 6 5 10 21 20 12 14 0.8 1.6 1.2 1.5 1.7 2.5 15.3 3.9 776.3 372.9 68.8 23.7 526.3 332.8 514.6 15.0 186.8 543.7 198.7 233.5 136.1 31.2 69.5 56.6 85.3 19.8 50.3 61.2 45.2
Deferred Revenue 0 283 277 285 236 193 189 197 223 229 288.4 324.3 289.4 222.3 207.6 171.8 168.0 174.1 102.4 91.1 75.1 175.9 146.1 124.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 189.5 288 319 500 261 117 41 241 232 226 240 296.4 327.4 268.9 251.7 144.9 117.1 224.8 1,256.2 875.6 190.0 170.4 166.2 154.3 213.4 193.9 147.8 129.8 122.4 105.2 71.3 97.1 49.4 36.5 29 23.4 20.2 40.6 35 33.3
Total Current Liabilities 440.3 1,090 1,184 1,514 1,180 1,153 962 879 918 887 944.4 1,063.3 1,191.8 924.6 874.1 810.6 780.3 773.3 2,799.5 2,084.7 1,056.1 741.3 696.9 1,167.2 816.2 984.4 369.7 623.4 905.9 509.3 427.7 346.2 163.5 164.2 129.3 145.9 72.8 90.9 96.2 78.5
Non-Current Liabilities
Long-Term Debt 1,373.0 4,051 4,080 3,731 2,928 3,424 2,316 2,418 2,437 2,433 2,439.8 1,941.1 1,720.1 1,721.6 1,529.9 1,499.9 1,492.9 1,621.4 1,632.2 2,620.6 3,340.8 3,664.2 1,994.9 3,298.2 1,507.8 1,173.0 1,579.9 1,553.1 1,264.2 982.2 858.9 536.5 514.4 405 381.1 255.5 255.8 234.9 217.4 210.1
Deferred Tax Liabilities 743.6 981 975 969 921 863 676 640 552 922 900.1 941.5 863.0 862.6 808.7 585.5 517.8 471.6 555.6 950.3 1,383.0 1,466.6 1,232.2 1,170.5 0 0 382.5 314.9 202.7 183.8 103.2 80.3 59.8 46.9 41.7 39.4 31.3 26 21.2 13.5
Other Non-Current Liabilities 24.4 810 785 813 758 542 481 536 490 453 432.9 504.9 458.7 458.3 2.1 0.9 0.7 276.6 174.3 762.0 717.3 1,427.7 2,631.0 116.8 1,736.2 2,102.2 41.9 32 32.9 31.2 35.1 38.8 31.2 28.7 15.1 15.3 15.9 52.2 29.7 31.1
Total Non-Current Liabilities 2,690.6 6,709 6,730 6,421 5,567 5,769 4,404 3,600 3,484 3,808 3,772.8 3,387.5 3,041.8 3,042.5 2,724.2 2,491.1 2,385.3 2,461.1 2,516.7 4,334.6 5,445.0 6,562.5 5,861.9 4,892.5 3,244.0 3,275.2 2,004.3 1,900 1,499.8 1,197.2 997.2 655.6 605.4 480.6 437.9 310.2 303 313.1 268.3 254.7
Total Liabilities 3,130.9 7,799 7,914 7,935 6,747 6,922 5,366 4,479 4,402 4,695 4,717.2 4,450.8 4,233.5 3,967.1 3,598.3 3,301.7 3,165.6 3,234.4 5,316.3 6,419.4 6,501.1 7,303.8 6,558.9 6,059.7 4,060.2 4,259.6 2,374 2,523.4 2,405.7 1,706.5 1,424.9 1,001.8 768.9 644.8 567.2 456.1 375.8 404 364.5 333.2
Stockholders' Equity
Common Stock 1.3 1 1 1 1 1 1 1 1 1 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 0.6 0.6 0.6 0.6 0.6 0.6 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 1,694.2 1,849 2,023 2,699 2,812 2,802 2,672 2,656 2,525 2,454 2,487.5 2,330.2 2,529.6 2,464.3 2,451.9 2,446.6 2,371.6 2,229.5 1,690.7 1,428.6 1,632.7 1,442.6 1,457.0 1,431.7 2,450.5 2,680.7 509 308.4 272.5 309.2 207.3 127.8 89.7 74.5 58.3 53.8 36.3 33.8 37.6 36.3
Accumulated Other Comprehensive Income 21.5 18 11 5 5 (4) (9) (10) (1) 1 0.4 6.5 (0.6) (8.1) (8.9) (3.2) (2.7) (16.8) 511.8 522.1 309.0 373.5 296.8 191.7 (352.1) (178.3) 179.1 (1,222.8) 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 4,801.6 5,091 5,202 5,849 5,927 4,804 4,653 4,560 4,269 4,145 4,126.4 3,927.1 4,118.7 4,012.4 3,963.0 3,814.8 3,778.1 3,768.3 3,926.3 3,570.4 3,350.6 3,190.7 3,104.2 3,052.6 3,518.9 3,943.9 2,492.1 2,563.9 2,149.3 2,062.2 1,715.7 1,516 1,266.8 918.8 686.8 449.7 368.9 193.6 136.3 104.7
Total Liabilities & Equity 8,398.3 13,683 13,922 14,550 13,492 12,525 10,781 9,783 9,295 9,446 9,422.5 8,906.9 8,904.1 8,623.9 8,201.0 7,762.5 7,608.8 7,652.4 9,894.1 10,599.5 10,404.6 10,993.8 10,171.2 9,602.0 8,046.8 8,634.6 5,375.8 5,527.5 4,971.6 4,201 3,469.1 2,790.1 2,259.2 1,696.5 1,368.1 940.3 771.2 597.6 500.8 437.9
Debt Metrics
Total Debt 1,954.1 5,102 5,143 4,804 4,035 4,498 3,373 2,439 2,457 2,445 2,454.1 1,994.4 1,721.7 1,722.8 1,531.4 1,501.6 1,495.4 1,636.8 1,636.1 3,396.9 3,713.7 3,733.0 2,018.6 3,824.5 1,840.5 1,687.6 1,594.9 1,739.9 1,807.9 1,180.9 1,092.4 672.6 545.6 474.5 437.7 340.8 275.6 285.2 278.6 255.3
Net Debt 1,188.1 4,738 4,907 4,444 3,668 3,069 2,908 1,518 1,838 1,545 1,469.5 1,522.5 891.7 982.3 968.1 1,133.4 824.4 859.5 461.6 2,383.6 2,618.0 2,564.4 1,081.0 2,525.6 1,699.8 1,588.6 1,483.9 1,689.8 1,756.9 1,123.3 1,037.3 647.9 489.9 433.7 400.6 297.4 241.9 233.4 228.6 209.1
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 1992 1991 1990 1989
Operating Activities
Net Income 124.7 (26) (487) 72 188 269 147 175 157 52 262.6 (147.3) 166.8 122.7 250.2 189.0 253.7 93.5 386.1 161.8 222.5 49.0 74.9 (987.7) (168.2) 2,271.3 230 64.4 (9.5) 128.1 104 60.5 33.9 38.5 21.1 27.2 11.1
Depreciation & Amortization 351.9 943 915 929 895 909 932 883 844 850 844.4 836.5 1,018.1 813.6 765.8 761.7 750.0 750.1 752.2 737.5 677.4 668.0 595.7 510.4 450.0 399.1 353.3 409.5 301.6 231.6 201.1 161.8 127.5 99 76.8 62.9 53.3
Stock-Based Compensation 0 71 41 42 49 53 59 54 46 42 40.4 35.8 30.3 41.9 36.8 35.1 32.5 22.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (238.4) (68) (17) (98) (224) 3 (277) (217) (259) (245) (202.2) (476.7) (217.6) (44.3) (73.0) (45.7) (117.6) (107.8) (8.9) (129.7) (55.7) (31.3) 128.0 (21.9) (37.9) 120.5 (75) 94.6 (11.9) (10.3) (29.2) 10.9 12.1 (2) (9.4) 6.9 1
Other Non-Cash Items 417.9 222 682 163 143 108 121 89 357 61 (226.3) 74.7 (435.9) 112.6 73.3 107.7 152.9 528.3 100.3 443.1 136.8 131.4 102.3 1,877.2 598.2 (2,007.4) 84.1 0.1 (0.2) 9.3 2.7 (15.5) (14.1) 17.6 (10.1) 2.5 2.6
Operating Cash Flow 589.9 1,145 1,142 1,155 1,103 1,532 1,016 1,017 776 782 789.7 394.8 494.6 1,105.2 1,255.7 1,121.9 1,102.6 848.9 941.0 887.2 880.2 747.4 920.4 793.6 545.8 748.9 623.7 356.2 206.5 295 211.6 224.7 160.2 115.4 77.8 92.6 62.9
Investing Activities
Capital Expenditure (394.7) (904) (1,341) (1,775) (1,151) (1,368) (957) (776) (685) (636) (800.6) (799.5) (883.8) (995.5) (971.8) (755.0) (700.4) (1,124.1) (699.6) (722.5) (720.6) (798.3) (777.0) (899.0) (700.1) (456.0) (431) (676.1) (915.3) (550.2) (336.2) (321.4) (198.7) (148.6) (151.8) (136.7) (138.7)
Acquisitions 0 147 0 8 (1,305) (146) (305) 13 (197) (32) 56.0 (107.6) 496.6 (113.2) (105.5) (81.7) (29.3) (389.2) (19.5) (43.6) (190.9) (40.8) 0 (531.2) (392.8) (149.6) 0 0 0 0 197.6 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 (20) (3) (11) (17) (100) 0 0 0 0 (120) (180.9) (493.8) (109.2) (27.4) 0 0 0 0 0 0 (0.5) 0 0 (2.8) (25.1) (60) (346.5) (66.4) (49.6) 0 0 (15.9) (21.3)
Sales/Maturities of Investments 0 0 0 0 3 1 29 100 0 0 0 50 115 243.4 393.2 106.3 23.7 260.4 92.0 138.8 0 0 0 0 0.5 0 135 166.6 120.6 0 206.8 8.3 11.7 7.3 8.6 18.5 0
Other Investing Activities 2,534.6 (17) (116) (16) 11 5 (5) 112 1 (140) 6.9 (52.6) 11.6 (12.8) (1.1) 0.4 33.8 377.6 (0.8) (3.4) (3.0) 274.7 76.5 63.6 573.1 (0.0) 10.6 18 59.1 192.8 (272.4) (20.1) (39.7) (53.5) (49.4) (0.8) (3)
Investing Cash Flow 2,144.1 (754) (1,327) (1,783) (2,462) (1,511) (1,249) (680) (981) (808) (737.7) (909.7) (260.7) (998.1) (866.1) (1,223.8) (781.4) (902.8) (627.9) (630.7) (914.4) (564.4) (700.5) (1,366.6) (519.9) (605.7) (285.4) (494.3) (760.7) (417.4) (550.7) (399.6) (276.3) (194.8) (192.6) (134.9) (163)
Financing Activities
Net Debt Issuance (1,645.9) (16) 298 882 (538) 1,140 (118) (20) (17) (10) 511.2 274 (1.5) 195.4 (25.3) (7.1) (143.1) (9.4) (35.7) (335.7) (41.2) 76.2 (156.6) 1,767.2 156.8 484.1 (183.1) (170.9) 507 (45.5) 384 95.5 43.8 23.2 75.4 61.2 (32.9)
Stock Repurchased (129.5) (54) (6) (83) (60) (37) (21) 0 (1) (8) (6.2) (58.0) (28.2) (43.4) (83.8) (120.9) (212.1) (228.3) (214.6) 0 0 (24.3) (86.8) 0 (80.3) (513.9) (69) 0 (69.9) (0.6) (0.6) 0 (0.2) (0.4) 1.9 (3.1) (1)
Dividends Paid (87.7) (104) (153) (151) (119) (78) (75) (72) (69) (65) (61.2) (58.0) (55.3) (53.2) (64.9) (66.8) (46.8) (47.3) (45.8) (43.0) (40.6) (38.0) (36.2) (34.4) (32.1) (30.5) (29.4) (28.5) (27.2) (26.2) (24) (20.9) (17.8) (13.9) (11.3) (11.7) (7.2)
Other Financing Activities (484.0) (103) (83) (26) (72) (68) (6) 60 4 9 1.5 (1) (74.8) (32.0) (10.3) (25.7) (26.2) (59.6) 30.4 (0.9) (2.9) 2.1 (312.4) (1.6) (28.6) (94.9) 9 (9.3) (8.8) 1.3 1.4 12.5 (1.6) 1.7 1.7 2.1 2.3
Financing Cash Flow (2,347.1) (277) 56 613 321 957 (220) (32) (77) (59) 460.7 156.8 (144.4) 70.1 (168.0) (201.0) (427.5) (343.3) (152.1) (338.9) (41.1) 47.9 (581.2) 1,731.1 15.8 (155.2) (272.5) 137.2 547.6 124.9 369.5 144 131 83.2 108.4 52 112.7
Cash Position
Net Change in Cash 382.0 114 (129) (15) (1,038) 978 (453) 305 (282) (85) 512.7 (358.1) 89.5 177.2 221.6 (302.9) (106.3) (397.1) 161.1 (82.5) (75.3) 230.9 (361.3) 1,158.2 41.7 (12.0) 65.9 137.2 547.6 124.9 369.5 144 131 83.2 108.4 52 112.7
Cash at Beginning 384 270 399 414 1,452 474 927 622 904 985 471.9 830.0 740.5 563.3 341.7 671.0 777.3 1,174.4 1,013.3 1,095.8 1,171.1 937.7 1,298.9 140.7 99.0 111.0 45.1 51 57.6 55.1 24.7 55.5 40.8 37.1 43.4 33.7 21.1
Cash at End 766.0 384 270 399 414 1,452 474 927 622 900 984.6 471.9 830.0 740.5 563.3 368.1 671.0 777.3 1,174.4 1,013.3 1,095.8 1,168.6 937.7 1,298.9 140.7 99.0 111 188.2 605.2 180 394.2 199.5 171.8 120.3 151.8 85.7 133.8
Free Cash Flow 195.2 241 (199) (620) (48) 164 59 241 91 146 (10.9) (404.7) (389.2) 109.7 284.0 366.9 402.2 (275.2) 241.5 164.7 159.7 (50.9) 143.4 (105.4) (154.3) 292.8 192.7 (319.9) (708.8) (255.2) (124.6) (96.7) (38.5) (33.2) (74) (44.1) (75.8)
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 1992 1991 1990 1989 1988 1987 1986
Income Statement
Revenue 1,228.2 4,964 5,160 5,413 5,329 5,225 5,176 5,109 5,044 5,104 5,176.2 5,009.4 4,901.2 5,345.3 5,180.5 4,986.8 5,020.7 5,092.0 4,829.0 4,364.5 3,960.1 3,720.4 3,445.2 2,985.4 2,588.5 2,326.9 1,963.1 1,805.7 1,471.5 1,214.6 954.4 730.8 590.7 456.1 354 294.6 239.7 196.3 174.6 155
Gross Profit (62.0) 2,829 2,826 2,848 2,857 2,871 2,839 2,773 2,685 2,675 2,761.3 2,498.0 2,675.9 3,072.7 3,139.3 3,075.3 3,156.2 3,238.3 3,132.5 2,823.0 2,539.8 2,416.2 2,262.3 386.4 436.2 819.2 710.8 388.6 297.9 385.7 333.1 270.6 197.2 153 117.3 110 81.4 74.1 121.9 104.5
Operating Income (62) 63 (414) 122 261 259 179 205 (105) 60 397.1 (189.9) 235.4 183.9 362.5 290.0 407.8 128.2 527.9 412.8 398.0 220.8 315.5 386.4 434.9 420.1 357.5 (20.9) (3.7) 154.1 132 108.8 69.7 54 40.5 47.1 28.1 30 30.7 27
Net Income (6.2) (28) (500) 62 156 226 121 135 153 43 219.0 (136.4) 141.9 81.9 200.6 143.9 193.9 93.5 386.1 161.8 222.5 49.0 61.5 (984.4) (198.1) 2,237.0 230 64.4 (9.5) 128.1 104 59.8 33.9 30.8 21.1 27.2 11.1 11.3 12.5 14.5
EPS (Diluted) -0.66 -0.85 -5.04 -0.07 1.00 1.93 1.03 1.18 1.37 0.39 1.99 -1.26 1.30 0.75 1.69 1.25 1.63 0.74 2.98 1.27 1.76 0.39 0.49 -7.72 -1.55 16.97 2.17 0.39 -0.07 0.97 0.82 0.50 0.33 0.36 0.30 0.41 0.18 0.21 0.26 0.31
Balance Sheet
Cash & Equivalents 766.0 364 236 360 367 1,429 465 921 619 900 984.6 471.9 830.0 740.5 563.3 368.1 671.0 777.3 1,174.4 1,013.3 1,095.8 1,168.6 937.7 1,298.9 140.7 99.0 111 50.1 51 57.6 55.1 24.7 55.7 40.8 37.1 43.4 33.7 51.8 50 46.2
Total Assets 8,398.3 13,683 13,922 14,550 13,492 12,525 10,781 9,783 9,295 9,446 9,422.5 8,906.9 8,904.1 8,623.9 8,201.0 7,762.5 7,608.8 7,652.4 9,894.1 10,599.5 10,404.6 10,993.8 10,171.2 9,602.0 8,046.8 8,634.6 5,375.8 5,527.5 4,971.6 4,201 3,469.1 2,790.1 2,259.2 1,696.5 1,368.1 940.3 771.2 597.6 500.8 437.9
Total Debt 1,954.1 5,102 5,143 4,804 4,035 4,498 3,373 2,439 2,457 2,445 2,454.1 1,994.4 1,721.7 1,722.8 1,531.4 1,501.6 1,495.4 1,636.8 1,636.1 3,396.9 3,713.7 3,733.0 2,018.6 3,824.5 1,840.5 1,687.6 1,594.9 1,739.9 1,807.9 1,180.9 1,092.4 672.6 545.6 474.5 437.7 340.8 275.6 285.2 278.6 255.3
Stockholders' Equity 4,801.6 5,091 5,202 5,849 5,927 4,804 4,653 4,560 4,269 4,145 4,126.4 3,927.1 4,118.7 4,012.4 3,963.0 3,814.8 3,778.1 3,768.3 3,926.3 3,570.4 3,350.6 3,190.7 3,104.2 3,052.6 3,518.9 3,943.9 2,492.1 2,563.9 2,149.3 2,062.2 1,715.7 1,516 1,266.8 918.8 686.8 449.7 368.9 193.6 136.3 104.7
Cash Flow
Operating Cash Flow 589.9 1,145 1,142 1,155 1,103 1,532 1,016 1,017 776 782 789.7 394.8 494.6 1,105.2 1,255.7 1,121.9 1,102.6 848.9 941.0 887.2 880.2 747.4 920.4 793.6 545.8 748.9 623.7 356.2 206.5 295 211.6 224.7 160.2 115.4 77.8 92.6 62.9
Capital Expenditure (394.7) (904) (1,341) (1,775) (1,151) (1,368) (957) (776) (685) (636) (800.6) (799.5) (883.8) (995.5) (971.8) (755.0) (700.4) (1,124.1) (699.6) (722.5) (720.6) (798.3) (777.0) (899.0) (700.1) (456.0) (431) (676.1) (915.3) (550.2) (336.2) (321.4) (198.7) (148.6) (151.8) (136.7) (138.7)
Free Cash Flow 195.2 241 (199) (620) (48) 164 59 241 91 146 (10.9) (404.7) (389.2) 109.7 284.0 366.9 402.2 (275.2) 241.5 164.7 159.7 (50.9) 143.4 (105.4) (154.3) 292.8 192.7 (319.9) (708.8) (255.2) (124.6) (96.7) (38.5) (33.2) (74) (44.1) (75.8)