TPL - Texas Pacific Land Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$639.00
DETAILS
HIGH:
$639.00
LOW:
$639.00
MEDIAN:
$639.00
CONSENSUS:
$639.00
UPSIDE:
58.94%
| 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 | 798.2 | 705.8 | 631.6 | 667.4 | 451.0 | 302.6 | 490.5 | 300.2 | 132.3 | 59.9 | 79.4 | 55.2 | 44.1 | 32.6 | 33.4 | 20.1 | 13.1 | 19.3 | 15.5 | 22.5 | 15.4 | 29.1 | 10.0 | 9.1 | 13.4 | 7.8 | 5.9 | 10.5 | 13.1 | 8.6 | 6.4 | 9.1 | 5.3 |
| Cost of Revenue | 0 | 71.3 | 48.3 | 32.9 | 29.5 | 32.6 | 29.7 | 13.8 | 0.9 | 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 |
| Gross Profit | 798.2 | 634.5 | 583.3 | 634.5 | 421.5 | 270.0 | 460.8 | 286.5 | 131.5 | 59.9 | 79.4 | 55.2 | 44.1 | 32.6 | 33.4 | 20.1 | 13.1 | 19.3 | 15.5 | 22.5 | 15.4 | 29.1 | 10.0 | 9.1 | 13.4 | 7.8 | 5.9 | 10.5 | 13.1 | 8.6 | 6.4 | 9.1 | 5.3 |
| 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 | 23.8 | 34.5 | 89.8 | 63.5 | 59.1 | 52.7 | 59.0 | 25.6 | 8.5 | 3.0 | 2.6 | 2.1 | 2.5 | 2.3 | 2.6 | 2.9 | 2.4 | 2.8 | 0.6 | 0.6 | 0.5 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | 0.5 | 0.4 | 0.5 | 0.5 | 0.9 |
| Other Expenses | 182.2 | 60.9 | 7.4 | 8.7 | 0 | 0 | 0 | 0 | 3.2 | 1.8 | 1.5 | 1.7 | 1.4 | 0.9 | 1.0 | 0.8 | 0.7 | 0.9 | 3.4 | 5.6 | 2.7 | 2.9 | 2.0 | 1.6 | 2.9 | 2.0 | 1.3 | 1.2 | 2.8 | 2.0 | 1.2 | (1.8) | (1.7) |
| Operating Expenses | 206.0 | 95.4 | 97.2 | 72.2 | 59.1 | 52.7 | 59.0 | 25.6 | 11.7 | 4.8 | 4.1 | 3.8 | 4.0 | 3.3 | 3.6 | 3.7 | 3.1 | 3.7 | 4.0 | 6.1 | 3.2 | 3.4 | 2.4 | 2.0 | 3.4 | 2.5 | 1.7 | 1.6 | 3.2 | 2.4 | 1.7 | (1.3) | (0.8) |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 592.2 | 539.1 | 486.1 | 562.3 | 362.4 | 217.3 | 401.8 | 260.8 | 119.8 | 55.1 | 75.3 | 51.4 | 40.1 | 29.3 | 30.7 | 16.4 | 10.0 | 15.6 | 11.5 | 16.3 | 12.2 | 25.8 | 7.6 | 7.1 | 10.0 | 5.3 | 4.2 | 8.8 | 9.8 | 6.1 | 4.8 | 10.4 | 6.1 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0 | 1.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 18.0 | 32.1 | 28.6 | 6.2 | 0 | 0 | 0 | 0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.9 | 0.0 | 1.3 | 1.6 | 1.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 655.5 | 564.3 | 500.8 | 577.7 | 378.6 | 231.7 | 408.5 | 263.4 | 145.3 | 55.1 | 75.3 | 51.4 | 40.1 | 29.3 | 30.8 | 16.4 | 10.0 | 15.6 | 11.5 | 16.4 | 12.2 | 25.8 | 7.6 | 7.1 | 10.1 | 5.4 | 4.2 | 8.9 | 9.9 | 6.2 | 4.8 | 10.4 | 6.1 |
| EBIT | 592.9 | 539.1 | 486.1 | 562.7 | 362.5 | 217.4 | 399.7 | 260.8 | 145.0 | 55.1 | 75.3 | 51.4 | 40.1 | 29.3 | 30.7 | 16.4 | 10.0 | 15.6 | 11.5 | 16.3 | 11.9 | 25.8 | 7.6 | 7.1 | 10.0 | 5.3 | 4.2 | 8.8 | 9.8 | 10.6 | 7.7 | 10.4 | 6.1 |
| Income Before Tax | 610.3 | 578.8 | 517.6 | 568.9 | 363.0 | 219.7 | 402.3 | 261.8 | 119.9 | 55.1 | 75.3 | 51.4 | 40.1 | 29.3 | 30.8 | 16.4 | 10.0 | 15.8 | 11.9 | 16.9 | 12.2 | 25.8 | 7.6 | 7.1 | 10.0 | 5.3 | 4.2 | 8.8 | 9.8 | 6.1 | 4.8 | 7.3 | 3.6 |
| Income Tax Expense | 129.0 | 124.9 | 111.9 | 122.5 | 93.0 | 43.6 | 83.5 | 52.0 | 43.5 | 17.8 | 25.2 | 16.7 | 12.9 | 9.7 | 10.2 | 5.1 | 3.1 | 4.9 | 3.6 | 5.3 | 3.7 | 8.4 | 2.3 | 2.2 | 3.2 | 1.6 | 1.3 | 2.8 | 3.1 | 1.9 | 1.4 | 2.3 | 1.1 |
| Net Income | 481.4 | 454.0 | 405.6 | 446.4 | 270.0 | 176.0 | 318.7 | 209.7 | 76.4 | 37.2 | 50.0 | 34.8 | 27.2 | 19.6 | 20.6 | 11.3 | 6.9 | 10.9 | 8.2 | 11.6 | 8.5 | 17.4 | 5.3 | 4.9 | 6.9 | 3.8 | 2.9 | 6.0 | 6.7 | 4.3 | 3.3 | 5 | 1.7 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 6.98 | 6.58 | 5.87 | 6.42 | 3.87 | 2.52 | 4.57 | 2.99 | 1.38 | 0.59 | 0.68 | 0.46 | 0.35 | 0.73 | 0.25 | 0.13 | 0.08 | 0.12 | 0.09 | 0.12 | 0.09 | 0.18 | 0.05 | 0.05 | 0.06 | 0.03 | 0.02 | 0.05 | 0.05 | 0.03 | 0.02 | 0.04 | 0.01 |
| EPS (Diluted) | 6.97 | 6.57 | 5.86 | 6.42 | 3.87 | 2.52 | 4.57 | 2.99 | 1.38 | 0.59 | 0.68 | 0.46 | 0.35 | 0.73 | 0.25 | 0.13 | 0.08 | 0.12 | 0.09 | 0.12 | 0.09 | 0.18 | 0.05 | 0.05 | 0.06 | 0.03 | 0.02 | 0.05 | 0.05 | 0.03 | 0.02 | 0.04 | 0.01 |
| Shares Outstanding | 68.9 | 69.1 | 69.2 | 69.5 | 69.8 | 69.8 | 69.8 | 70.1 | 70.7 | 71.9 | 73.8 | 75.6 | 77.4 | 26.8 | 252.1 | 261.4 | 270.5 | 279.6 | 284.5 | 289.2 | 293.2 | 297.9 | 307.5 | 316.6 | 333.2 | 345.1 | 357.3 | 366.9 | 378.8 | 397.6 | 408.7 | 427.2 | 441.3 |
| 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 | 144.8 | 369.8 | 725.2 | 510.8 | 428.2 | 281.0 | 303.6 | 119.6 | 79.6 | 49.4 | 8.2 | 9.7 | 0.3 | 0.2 | 0.1 | 0.1 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.6 | 4.3 | 3.2 | 2.5 | 1.4 | 1.6 | 2.5 | 1.8 | 1.6 | 3.0 | 0 | 0 |
| Net Receivables | 164.9 | 126.7 | 129.0 | 104.0 | 95.2 | 48.2 | 63.0 | 48.8 | 17.8 | 6.6 | 1.6 | 18.8 | 22.3 | 10.5 | 11.9 | 11.4 | 8.6 | 8.4 | 11.0 | 9.3 | 5.1 | 3.9 | 5.8 | 5.1 |
| Inventory | 0 | 0 | 0 | 109.7 | 109.1 | 108.5 | 107.1 | 10.5 | 1.1 | 1.1 | 0 | 1.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 9.6 | 6.9 | 8.3 | (95.9) | (106.0) | (106.6) | (107.1) | (6.7) | (1.1) | (1.1) | 0.1 | 0.1 | (28.3) | (15.0) | (15.3) | (14.2) | (10.2) | (10.3) | (13.6) | (11.2) | (6.9) | (7.1) | (5.8) | (5.1) |
| Total Current Assets | 319.3 | 503.4 | 862.5 | 633.4 | 526.5 | 332.5 | 366.6 | 181.6 | 98.6 | 56.0 | 9.9 | 11.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 178.2 | 556.1 | 138.1 | 133.0 | 125.9 | 127.4 | 120.5 | 89.1 | 19.5 | 1.2 | 1.2 | 1.2 | 1.6 | 2.3 | 2.6 | 2.7 | 4.1 | 4.7 | 4.5 | 4.6 | 6.2 | 6.9 | 6.8 | 5.9 |
| Goodwill | 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 | 32.8 | 35.2 | 21.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1,069.2 | 432.4 | 46.6 | 45.0 | 44.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 23.7 | (279.1) | 88.2 | 66.0 | 67.2 | 111.7 | 111.1 | 14.4 | (5.0) | 1.4 | 15.7 | 17.7 | (1.6) | (2.3) | (2.6) | (2.7) | (4.1) | (4.7) | (4.5) | (4.6) | (6.2) | (6.9) | (6.8) | (5.9) |
| Total Non-Current Assets | 1,304.0 | 744.7 | 293.9 | 244.0 | 237.6 | 239.1 | 231.5 | 103.5 | 21.5 | 6.5 | 16.9 | 18.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 1,623.3 | 1,248.0 | 1,156.4 | 877.4 | 764.1 | 571.6 | 598.2 | 285.1 | 127.5 | 62.5 | 26.8 | 30.8 | 31.1 | 18.3 | 18.7 | 17.6 | 15.3 | 15.9 | 18.9 | 16.7 | 13.7 | 13.9 | 15 | 13.3 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 48.5 | 27.0 | 22.5 | 23.4 | 17.9 | 13.3 | 19.2 | 10.5 | 5.6 | 0.8 | 0.8 | 0.8 | 0.6 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 20.6 | 25.0 | 21.7 | 20.4 | 22.2 | 0 | 0 | 0 | 0 | 0.8 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 23.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.7 | 5.1 | (0.6) | (0.3) | (0.2) | (0.0) | (0.2) | (0.1) | (0.4) | (0.2) | (0.2) | (0.3) | 0 | 0 |
| Total Current Liabilities | 72.6 | 60.4 | 63.1 | 56.8 | 67.5 | 39.5 | 24.5 | 12.1 | 6.5 | 3.1 | 6.5 | 6.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 16.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 69.9 | 47.4 | 42.4 | 41.2 | 38.9 | 38.7 | 40.8 | 14.9 | 0.1 | 0 | 0 | 0 | 7.8 | 4.1 | 4.6 | 4.4 | 3.9 | 4.0 | 4.8 | 4.3 | 3.4 | 3.3 | 0 | 0 |
| Other Non-Current Liabilities | (51.7) | 0.5 | 0.3 | 0.1 | 0.6 | 2.1 | 0 | 0 | 0 | 0 | 0.6 | 0.7 | (7.8) | (4.1) | (4.6) | (4.4) | (3.9) | (4.0) | (4.8) | (4.3) | (3.4) | (3.3) | 0 | 0 |
| Total Non-Current Liabilities | 91.8 | 55.2 | 50.1 | 47.7 | 44.8 | 46.9 | 61.6 | 28.3 | 8.5 | 11.8 | 0.6 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 164.4 | 115.6 | 113.2 | 104.5 | 112.4 | 86.5 | 86.0 | 40.4 | 48.3 | 14.8 | 7.1 | 7.3 | 8.4 | 4.3 | 4.8 | 4.4 | 4.1 | 4.1 | 5.2 | 4.5 | 3.6 | 3.6 | 0 | 0 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 0.7 | 0.2 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 1,595.4 | 1,277.6 | 1,171.7 | 866.1 | 668.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 4.2 | 3.6 | 1.8 | 2.5 | (1.0) | (2.7) | (1.5) | (1.1) | (0.8) | (1.0) | (0.5) | (0.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 1,458.9 | 1,132.5 | 1,043.2 | 772.9 | 651.7 | 485.2 | 512.1 | 244.7 | 79.2 | 47.6 | 19.7 | 23.5 | 22.7 | 14.0 | 14.0 | 13.2 | 11.3 | 11.7 | 13.6 | 12.2 | 10.1 | 10.3 | 10.9 | 9.2 |
| Total Liabilities & Equity | 1,623.3 | 1,248.0 | 1,156.4 | 877.4 | 764.1 | 571.6 | 598.2 | 285.1 | 127.5 | 62.5 | 26.8 | 30.8 | 31.1 | 18.3 | 18.7 | 17.6 | 15.3 | 15.9 | 18.9 | 16.7 | 13.7 | 13.9 | 15 | 13.3 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 32.4 | 0.5 | 1.2 | 2.0 | 1.4 | 2.0 | 3.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | (112.5) | (369.4) | (724.0) | (508.9) | (426.8) | (279.0) | (300.3) | (119.6) | (79.6) | (49.4) | (8.2) | (9.7) | (0.3) | (0.2) | (0.1) | (0.1) | (0.3) | (0.2) | (0.1) | (0.1) | (0.1) | (0.1) | 0 | 0 |
| 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 | 481.4 | 454.0 | 405.6 | 446.4 | 270.0 | 176.0 | 318.7 | 209.7 | 97.2 | 42.3 | 8.5 | 17.4 | 5.3 | 4.9 | 6.9 | 3.8 | 2.9 | 6.0 | 6.7 | 4.3 | 3.3 | 5 | 2.5 |
| Depreciation & Amortization | 62.5 | 25.2 | 14.8 | 15.4 | 16.3 | 14.4 | 8.9 | 2.6 | 0.4 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0 | 0 |
| Stock-Based Compensation | 15.1 | 12.5 | 10.3 | 8.4 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (29.5) | (0.9) | (13.9) | (24.3) | (21.3) | 20.1 | 11.2 | (31.7) | (4.9) | (0.1) | 2.8 | (11.8) | 1.4 | (0.3) | (2.9) | 0.3 | 2.0 | (1.3) | (2.9) | (3.6) | 3.6 | (0.8) | 2.2 |
| Other Non-Cash Items | 9.9 | (4.6) | 0 | 0 | 0 | (1.4) | (22) | 0 | 0 | 0.0 | 0 | 0.7 | 0.2 | 0.1 | 1.5 | 0 | 0 | 0 | 0.0 | 2.5 | (1.7) | (1.3) | (1.4) |
| Operating Cash Flow | 545.9 | 490.7 | 418.3 | 447.1 | 265.2 | 207.0 | 342.8 | 195.4 | 93.8 | 41.0 | 10.3 | 10.2 | 6.5 | 4.9 | 6.1 | 4.0 | 4.2 | 5.3 | 4.8 | 3.3 | 4.7 | 3.6 | 3.1 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (59.5) | (29.7) | (15.0) | (19.2) | (15.5) | (5.1) | (32.2) | (47.9) | (18.7) | (1.0) | (0.1) | (0.0) | (0.0) | (0.1) | (0.2) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.0) | 0 | 0 |
| Acquisitions | 0 | (45) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 |
| 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 |
| Other Investing Activities | (536.3) | (1.5) | (41.7) | (0.5) | 0.6 | (4.0) | (74.5) | (9.4) | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (595.8) | (471.7) | (60.3) | (21.4) | (15.0) | (26.0) | (111.7) | (81.5) | (18.7) | (1.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) | (0.1) | (0.1) | (0.0) | 0 | 0 |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | (23.2) | (30.8) | (44.6) | (89.5) | (19.7) | 0 | (4.4) | (38.4) | (34.3) | (33.1) | (5.4) | (3.7) | (3.6) | (3.2) | (4.0) | (3.2) | (3.8) | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (147.8) | (347.3) | (100.0) | (247.3) | (85.3) | (201.7) | (46.5) | (31.7) | (10.7) | (2.5) | (1.2) | (5.0) | (1.7) | (1.0) | (1.0) | (1.0) | (1.1) | (1.1) | (1.1) | (1.2) | (1.2) | (1.3) | (1.3) |
| Other Financing Activities | (5.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | (3.5) | (3.5) | (3.3) | (2.7) | (2) | (2) |
| Financing Cash Flow | (176.0) | (378.1) | (144.6) | (336.8) | (104.9) | (201.7) | (50.9) | (70.0) | (44.9) | (35.6) | (6.6) | (8.7) | (5.3) | (4.1) | (5.0) | (4.2) | (4.8) | (4.6) | (4.6) | (4.4) | (3.9) | (3.3) | (3.3) |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | (226.0) | (359.2) | 213.4 | 88.9 | 145.2 | (20.6) | 180.2 | 43.9 | 30.2 | 4.4 | 3.7 | 1.4 | 1.2 | 0.8 | 1.0 | (0.3) | (0.7) | 0.7 | 0.1 | (1.2) | 0.8 | 0.3 | (0.2) |
| Cash at Beginning | 371.4 | 730.5 | 517.2 | 428.2 | 283.0 | 303.6 | 123.4 | 79.6 | 49.4 | 45.0 | 5.9 | 4.5 | 3.3 | 2.6 | 1.6 | 1.9 | 2.6 | 1.9 | 1.8 | 3.0 | 2.2 | 2 | 2.2 |
| Cash at End | 145.4 | 371.4 | 730.5 | 517.2 | 428.2 | 283.0 | 303.6 | 119.6 | 79.6 | 49.4 | 9.6 | 5.9 | 4.5 | 3.3 | 2.6 | 1.6 | 1.9 | 2.6 | 1.9 | 1.8 | 3.0 | 2.3 | 2 |
| Free Cash Flow | 486.4 | 461.0 | 403.3 | 427.9 | 249.6 | 202.0 | 310.6 | 147.6 | 75.1 | 40.0 | 10.3 | 10.1 | 6.5 | 4.9 | 5.9 | 4.0 | 4.1 | 5.3 | 4.7 | 3.2 | 4.7 | 3.6 | 3.1 |
| 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 | 798.2 | 705.8 | 631.6 | 667.4 | 451.0 | 302.6 | 490.5 | 300.2 | 132.3 | 59.9 | 79.4 | 55.2 | 44.1 | 32.6 | 33.4 | 20.1 | 13.1 | 19.3 | 15.5 | 22.5 | 15.4 | 29.1 | 10.0 | 9.1 | 13.4 | 7.8 | 5.9 | 10.5 | 13.1 | 8.6 | 6.4 | 9.1 | 5.3 |
| Gross Profit | 798.2 | 634.5 | 583.3 | 634.5 | 421.5 | 270.0 | 460.8 | 286.5 | 131.5 | 59.9 | 79.4 | 55.2 | 44.1 | 32.6 | 33.4 | 20.1 | 13.1 | 19.3 | 15.5 | 22.5 | 15.4 | 29.1 | 10.0 | 9.1 | 13.4 | 7.8 | 5.9 | 10.5 | 13.1 | 8.6 | 6.4 | 9.1 | 5.3 |
| Operating Income | 592.2 | 539.1 | 486.1 | 562.3 | 362.4 | 217.3 | 401.8 | 260.8 | 119.8 | 55.1 | 75.3 | 51.4 | 40.1 | 29.3 | 30.7 | 16.4 | 10.0 | 15.6 | 11.5 | 16.3 | 12.2 | 25.8 | 7.6 | 7.1 | 10.0 | 5.3 | 4.2 | 8.8 | 9.8 | 6.1 | 4.8 | 10.4 | 6.1 |
| Net Income | 481.4 | 454.0 | 405.6 | 446.4 | 270.0 | 176.0 | 318.7 | 209.7 | 76.4 | 37.2 | 50.0 | 34.8 | 27.2 | 19.6 | 20.6 | 11.3 | 6.9 | 10.9 | 8.2 | 11.6 | 8.5 | 17.4 | 5.3 | 4.9 | 6.9 | 3.8 | 2.9 | 6.0 | 6.7 | 4.3 | 3.3 | 5 | 1.7 |
| EPS (Diluted) | 6.97 | 6.57 | 5.86 | 6.42 | 3.87 | 2.52 | 4.57 | 2.99 | 1.38 | 0.59 | 0.68 | 0.46 | 0.35 | 0.73 | 0.25 | 0.13 | 0.08 | 0.12 | 0.09 | 0.12 | 0.09 | 0.18 | 0.05 | 0.05 | 0.06 | 0.03 | 0.02 | 0.05 | 0.05 | 0.03 | 0.02 | 0.04 | 0.01 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 144.8 | 369.8 | 725.2 | 510.8 | 428.2 | 281.0 | 303.6 | 119.6 | 79.6 | 49.4 | 8.2 | 9.7 | 0.3 | 0.2 | 0.1 | 0.1 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 | |||||||||
| Total Assets | 1,623.3 | 1,248.0 | 1,156.4 | 877.4 | 764.1 | 571.6 | 598.2 | 285.1 | 127.5 | 62.5 | 26.8 | 30.8 | 31.1 | 18.3 | 18.7 | 17.6 | 15.3 | 15.9 | 18.9 | 16.7 | 13.7 | 13.9 | 15 | 13.3 | |||||||||
| Total Debt | 32.4 | 0.5 | 1.2 | 2.0 | 1.4 | 2.0 | 3.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Stockholders' Equity | 1,458.9 | 1,132.5 | 1,043.2 | 772.9 | 651.7 | 485.2 | 512.1 | 244.7 | 79.2 | 47.6 | 19.7 | 23.5 | 22.7 | 14.0 | 14.0 | 13.2 | 11.3 | 11.7 | 13.6 | 12.2 | 10.1 | 10.3 | 10.9 | 9.2 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 545.9 | 490.7 | 418.3 | 447.1 | 265.2 | 207.0 | 342.8 | 195.4 | 93.8 | 41.0 | 10.3 | 10.2 | 6.5 | 4.9 | 6.1 | 4.0 | 4.2 | 5.3 | 4.8 | 3.3 | 4.7 | 3.6 | 3.1 | ||||||||||
| Capital Expenditure | (59.5) | (29.7) | (15.0) | (19.2) | (15.5) | (5.1) | (32.2) | (47.9) | (18.7) | (1.0) | (0.1) | (0.0) | (0.0) | (0.1) | (0.2) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.0) | 0 | 0 | ||||||||||
| Free Cash Flow | 486.4 | 461.0 | 403.3 | 427.9 | 249.6 | 202.0 | 310.6 | 147.6 | 75.1 | 40.0 | 10.3 | 10.1 | 6.5 | 4.9 | 5.9 | 4.0 | 4.1 | 5.3 | 4.7 | 3.2 | 4.7 | 3.6 | 3.1 | ||||||||||