TRMB - Trimble Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$90.50
DETAILS
HIGH:
$101.00
LOW:
$80.00
MEDIAN:
$90.50
CONSENSUS:
$90.50
UPSIDE:
72.71%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||
| Revenue | 3,587.3 | 3,683.3 | 3,798.7 | 3,676.3 | 3,659.1 | 3,147.7 | 3,264.3 | 3,108.4 | 2,654.2 | 2,362.2 | 2,290.4 | 2,395.5 | 2,288.1 | 2,040.1 | 1,644.1 | 1,293.9 | 1,126.3 | 1,329.2 | 1,222.3 | 940.1 | 774.9 | 668.8 | 540.9 | 466.6 | 475.3 | 369.8 | 271.4 | 260.3 | 272.3 | 233.7 | 235.4 | 175.6 | 149.5 | 127.6 | 151 | 63.3 | 27.9 | 18 |
| Cost of Revenue | 1,136.6 | 1,287 | 1,465.9 | 1,570.7 | 1,624.4 | 1,392.8 | 1,483.4 | 1,427.4 | 1,261.6 | 1,124.2 | 1,088.2 | 1,104.7 | 1,084.3 | 993.9 | 814.5 | 648.4 | 576.4 | 680.1 | 609.4 | 479.1 | 385.1 | 344.0 | 272.9 | 232.2 | 238.1 | 165.7 | 118 | 122.2 | 119.9 | 102.5 | 94.6 | 61.8 | 60.3 | 61.4 | 62.4 | 26.4 | 11.2 | 6.2 |
| Gross Profit | 2,450.7 | 2,396.3 | 2,332.8 | 2,105.6 | 2,034.7 | 1,754.9 | 1,780.9 | 1,681 | 1,392.6 | 1,238 | 1,202.2 | 1,290.8 | 1,203.8 | 1,046.2 | 829.6 | 645.5 | 549.9 | 649.1 | 612.9 | 461.1 | 389.8 | 324.8 | 268.0 | 234.4 | 237.2 | 204.1 | 153.4 | 138.1 | 152.4 | 131.2 | 140.8 | 113.8 | 89.2 | 66.2 | 88.6 | 36.9 | 16.7 | 11.8 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||
| R&D Expenses | 630.7 | 662.3 | 664.3 | 542.1 | 536.6 | 475.9 | 469.7 | 446.1 | 370.2 | 349.6 | 336.7 | 318.0 | 299.4 | 256.5 | 197.0 | 150.1 | 136.6 | 148.3 | 131.5 | 103.8 | 84.3 | 77.6 | 67.6 | 61.2 | 62.9 | 46.5 | 36.5 | 44.8 | 40.7 | 36.7 | 24.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 1,129.1 | 1,151.7 | 1,070.5 | 975.8 | 875.9 | 767.9 | 834.8 | 829.6 | 706.5 | 633.6 | 629.9 | 634.7 | 565.0 | 509.5 | 425.2 | 333.5 | 290.7 | 290.3 | 279.1 | 212.0 | 172.4 | 152.7 | 137.1 | 130.0 | 141.2 | 110.4 | 87.3 | 93.6 | 89.1 | 94.5 | 94.6 | 91.1 | 73.9 | 73.6 | 73.2 | 31 | 17.9 | 12.2 |
| Other Expenses | 84.7 | 121.6 | 149.2 | 76.8 | 61.2 | 91.3 | 100.5 | 1.3 | 5.3 | 5.9 | 4.9 | 16.6 | (1.0) | 11.0 | 48.7 | 32.7 | 30.3 | 22.4 | 19.0 | 7.9 | 6.9 | 8.3 | 7.3 | 8.3 | 33.0 | 20.9 | 9.1 | 12.5 | 12.2 | 10.1 | 8 | 7.5 | 7.5 | 7.6 | 5.5 | 2.8 | 1.1 | 0.6 |
| Operating Expenses | 1,843.2 | 1,935.6 | 1,884 | 1,594.7 | 1,473.7 | 1,335.1 | 1,405 | 1,352.1 | 1,139.7 | 1,045.4 | 1,036.4 | 1,028.3 | 946.1 | 831.4 | 670.9 | 516.3 | 457.7 | 461.0 | 429.5 | 323.8 | 263.5 | 238.6 | 212.1 | 199.5 | 237.1 | 177.9 | 132.9 | 150.9 | 142 | 141.3 | 127.4 | 98.6 | 81.4 | 81.2 | 78.7 | 33.8 | 19 | 12.8 |
| Operating Income | ||||||||||||||||||||||||||||||||||||||
| Operating Income | 607.5 | 460.7 | 448.8 | 510.9 | 561 | 419.8 | 375.9 | 320.7 | 246 | 181 | 154.4 | 260.8 | 251.7 | 212.6 | 156.4 | 127.6 | 85.8 | 185.5 | 178.3 | 135.4 | 124.9 | 85.6 | 53.9 | 33.8 | 0.2 | 26.2 | 20.5 | (12.8) | 10.4 | (10.1) | 13.4 | 15.2 | 7.8 | (15) | 9.9 | 3.1 | (2.3) | (1) |
| Interest Expense | 74.4 | 90.7 | 161 | 71.1 | 65.4 | 77.6 | 82.4 | 73.2 | 25 | 25.9 | 25.6 | 18.7 | 17.6 | 16.4 | 8.6 | 1.8 | 1.8 | 2.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.4 | 1.1 | 0.8 | 2.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||||||||
| EBITDA | 763.7 | 2,328.6 | 768.6 | 747.4 | 819.9 | 692.9 | 634.4 | 590 | 478.1 | 388.3 | 376.2 | 476.3 | 460.0 | 395.2 | 281.8 | 218.7 | 160.9 | 258.3 | 239.6 | 164.3 | 145.3 | 104.0 | 76.2 | 54.1 | 41.7 | 47.1 | 29.6 | (1.2) | 30.9 | 5.5 | 21.4 | 22.7 | 15.3 | (7.4) | 15.4 | 5.9 | (1.2) | (0.4) |
| EBIT | 583.8 | 2,096.6 | 518 | 575.6 | 640 | 472.6 | 427.2 | 351.2 | 273.4 | 202 | 177.1 | 284.7 | 270.4 | 245.8 | 176.1 | 141.8 | 89.4 | 194.2 | 183.4 | 137.3 | 126.3 | 86.2 | 56.0 | 34.9 | 0.2 | 26.2 | 20.5 | (13.7) | 18.7 | (4.6) | 13.4 | 15.2 | 7.8 | (15) | 9.9 | 3.1 | (2.3) | (1) |
| Income Before Tax | 509.4 | 2,005.9 | 357 | 569.1 | 574.6 | 395 | 344.8 | 278 | 259.1 | 176.7 | 151.8 | 266.0 | 252.9 | 229.4 | 167.5 | 141.1 | 87.6 | 192.0 | 183.8 | 148.1 | 124.8 | 74.9 | 35.6 | 13.8 | (21.6) | 15.8 | 20.8 | (25.2) | 11.6 | (11.6) | 14.1 | 12.2 | 4.2 | (23.7) | 9 | 2.9 | 0.9 | 0.8 |
| Income Tax Expense | 85.4 | 501.5 | 45.7 | 119.4 | 81.8 | 4.4 | (169.7) | (5.3) | 137.9 | 44.5 | 31.1 | 52.1 | 34.7 | 39.7 | 18.5 | 37.5 | 23.7 | 50.5 | 66.4 | 44.4 | 39.9 | 7.2 | (2.9) | 3.5 | 1.9 | 1.6 | 2.1 | 1.4 | 2.3 | (0.3) | 2.8 | 2.2 | 0.8 | (0.7) | 2 | 0.7 | 0.4 | 0.2 |
| Net Income | 424 | 1,504.4 | 311.3 | 449.7 | 492.8 | 389.9 | 514.3 | 282.8 | 121.1 | 132.4 | 121.1 | 214.1 | 218.9 | 191.1 | 150.8 | 103.7 | 63.4 | 141.5 | 117.4 | 103.7 | 84.9 | 67.7 | 38.5 | 10.3 | (22.9) | 14.2 | 21.6 | (53.4) | 9.3 | (11.3) | 11.3 | 10 | 3.4 | (25.3) | 7 | 2.2 | 0.5 | 0.6 |
| Per Share Data | ||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 1.77 | 6.13 | 1.26 | 1.81 | 1.96 | 1.56 | 2.05 | 1.13 | 0.48 | 0.53 | 0.47 | 0.82 | 0.85 | 0.76 | 0.62 | 0.43 | 0.27 | 0.59 | 0.49 | 0.47 | 0.40 | 0.33 | 0.20 | 0.06 | -0.15 | 0.10 | 0.16 | -0.40 | 0.07 | -0.09 | 0.09 | 0.09 | 0.03 | -0.25 | 0.07 | 0.02 | 0.01 | 0.01 |
| EPS (Diluted) | 1.75 | 6.09 | 1.25 | 1.80 | 1.94 | 1.55 | 2.03 | 1.12 | 0.47 | 0.52 | 0.47 | 0.81 | 0.84 | 0.75 | 0.60 | 0.42 | 0.26 | 0.57 | 0.47 | 0.45 | 0.38 | 0.31 | 0.19 | 0.06 | -0.15 | 0.09 | 0.16 | -0.40 | 0.07 | -0.09 | 0.09 | 0.09 | 0.03 | -0.25 | 0.07 | 0.02 | 0.01 | 0.01 |
| Shares Outstanding | 237.4 | 245.5 | 247.9 | 248.6 | 251.4 | 250.5 | 250.8 | 250 | 252.1 | 250.5 | 255.8 | 260.1 | 256.6 | 251.1 | 245.4 | 240.7 | 239.6 | 241.4 | 238.6 | 220.1 | 212.9 | 204.7 | 190.0 | 171.4 | 148.4 | 141.6 | 134.5 | 134.8 | 132.8 | 131.7 | 121.0 | 109.0 | 101.9 | 100.5 | 104.9 | 94.2 | 88.4 | 88.4 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 253.4 | 738.8 | 229.8 | 271 | 325.7 | 237.7 | 189.2 | 172.5 | 358.5 | 216.1 | 116 | 148 | 147.2 | 157.8 | 154.6 | 220.8 | 273.8 | 147.5 | 103.2 | 129.6 | 73.9 | 71.9 | 45.4 | 28.7 | 31.1 | 40.9 | 49.3 | 40.9 | 20 | 22.7 | 29.7 | 17.6 | 1.9 | 1.9 | 1.6 | 9 | 0.5 | 1.9 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 178.9 | 111.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 856 | 725.8 | 706.6 | 643.3 | 624.8 | 620.5 | 608.2 | 545.8 | 470.5 | 390.2 | 376.8 | 391.5 | 361.1 | 340.8 | 282.3 | 243.9 | 214.1 | 221.8 | 250.1 | 178.0 | 151.6 | 128.1 | 111.0 | 79.6 | 71.7 | 83.6 | 36 | 33.4 | 49.1 | 34.4 | 39.1 | 28.6 | 26.4 | 23.4 | 22.8 | 19.3 | 8.2 | 3 |
| Inventory | 186.3 | 194.3 | 235.7 | 402.5 | 363.3 | 301.7 | 312.1 | 298 | 271.8 | 218.8 | 261.1 | 278.1 | 254.3 | 240.5 | 232.1 | 192.9 | 144.0 | 160.9 | 143.0 | 112.6 | 107.9 | 87.7 | 70.8 | 61.1 | 51.8 | 60.8 | 16.4 | 37.2 | 47.8 | 38.9 | 31.2 | 23.6 | 23.3 | 23 | 32.6 | 13.5 | 5.2 | 3.8 |
| Other Current Assets | 233.5 | 508.2 | 569 | 127.7 | 136.8 | 121.5 | 102.3 | 106 | 82 | 42.5 | 44.5 | 85.0 | 74.4 | 76.9 | 64.1 | 56.8 | 58.1 | 58.2 | 60.0 | 38.9 | 27.1 | 24.0 | 13.2 | 8.5 | 6.5 | 8.0 | 4.5 | 20.4 | 57.3 | 63.4 | 71.4 | 23.2 | 1.8 | 4.5 | 7.9 | 3 | 0.5 | 0.7 |
| Total Current Assets | 1,631.9 | 2,270.4 | 1,830.9 | 1,518.2 | 1,450.6 | 1,281.4 | 1,211.8 | 1,089.1 | 1,317.1 | 978.7 | 798.4 | 902.6 | 837.0 | 816.0 | 733.1 | 714.4 | 690.1 | 588.4 | 556.3 | 459.1 | 360.4 | 317.5 | 229.6 | 177.9 | 161.1 | 193.3 | 158.9 | 131.9 | 174.2 | 159.4 | 171.4 | 93 | 53.4 | 52.8 | 64.9 | 44.8 | 14.4 | 9.4 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 182.8 | 311.9 | 326.5 | 340.2 | 374.2 | 380.7 | 381.7 | 212.9 | 174 | 144.2 | 159.2 | 157.4 | 143.0 | 96.9 | 62.7 | 50.7 | 44.6 | 50.2 | 51.4 | 48.0 | 42.7 | 31.0 | 27.4 | 22.0 | 27.5 | 34.1 | 12.3 | 15.1 | 22 | 21.5 | 19.8 | 12.7 | 12.2 | 14.8 | 18.1 | 7.7 | 3.7 | 2.8 |
| Goodwill | 5,239.7 | 4,988.4 | 5,350.6 | 4,137.9 | 3,981.5 | 3,876.5 | 3,680.6 | 3,540 | 2,287.1 | 2,077.6 | 2,106.4 | 2,101.2 | 1,989.5 | 1,815.7 | 1,297.7 | 828.7 | 764.2 | 715.6 | 675.9 | 374.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 924.1 | 998.1 | 1,243.5 | 498.1 | 506.6 | 580.1 | 678.7 | 744.3 | 364.8 | 333.3 | 487.1 | 594.6 | 619.4 | 644.4 | 476.8 | 204.9 | 202.8 | 228.9 | 197.8 | 67.2 | 313.5 | 273.4 | 261.2 | 229.2 | 220.3 | 249.8 | 1.2 | 1.3 | 3.7 | 4.5 | 0.9 | 0.5 | 0.7 | 0.9 | 1.7 | 0 | 0 | 0 |
| Long-Term Investments | 610.8 | 361 | 127.7 | 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 Assets | 462.7 | 264.1 | 247.8 | 336.2 | 284.7 | 248 | 212.4 | 177.9 | 178.7 | 140 | 129.6 | 115.9 | 112.0 | 96.1 | 82.2 | 68.1 | 51.6 | 51.9 | 58.0 | 29.2 | 23.0 | 24.1 | 19.4 | 12.1 | 10.1 | 12.7 | 9.4 | 8 | 7.8 | 4.4 | 4.7 | 3.2 | 1.3 | 1 | 2.1 | 0.4 | 0.5 | 0.6 |
| Total Non-Current Assets | 7,680.1 | 7,217.9 | 7,708.4 | 5,750.8 | 5,649 | 5,595.5 | 5,428.9 | 4,687.3 | 2,981.1 | 2,695.1 | 2,882.3 | 2,971.7 | 2,863.8 | 2,653.1 | 1,919.4 | 1,152.5 | 1,063.2 | 1,046.6 | 983.1 | 519.3 | 382.7 | 336.5 | 315.3 | 263.7 | 258.3 | 297.2 | 22.9 | 24.4 | 33.5 | 30.4 | 25.4 | 16.4 | 14.2 | 16.7 | 21.9 | 8.1 | 4.2 | 3.4 |
| Total Assets | 9,312 | 9,488.3 | 9,539.3 | 7,269 | 7,099.6 | 6,876.9 | 6,640.7 | 5,776.4 | 4,298.2 | 3,673.8 | 3,680.7 | 3,874.3 | 3,700.8 | 3,469.1 | 2,652.5 | 1,866.9 | 1,753.3 | 1,635.0 | 1,539.4 | 978.4 | 743.1 | 654.0 | 544.9 | 441.7 | 419.4 | 490.5 | 181.8 | 156.3 | 207.7 | 189.8 | 196.8 | 109.4 | 67.6 | 69.5 | 86.8 | 52.9 | 18.6 | 12.8 |
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||
| Account Payables | 168.3 | 161.6 | 165.3 | 175.5 | 207.3 | 143.2 | 159.3 | 147.6 | 146 | 109.8 | 99.8 | 103.8 | 112.5 | 124.5 | 98.0 | 72.3 | 53.8 | 49.6 | 67.6 | 44.1 | 45.2 | 43.6 | 26.0 | 30.7 | 21.5 | 26.4 | 11.7 | 13 | 18.7 | 13.8 | 15.3 | 10.1 | 12.5 | 10.9 | 9.9 | 7.1 | 3.3 | 0 |
| Short-Term Debt | 0 | 21.2 | 530.4 | 300 | 35 | 255.8 | 219 | 256.2 | 128.4 | 130.3 | 118.3 | 64.4 | 106.4 | 38.1 | 65.9 | 2.0 | 0.4 | 0.1 | 0.1 | 0 | 0.2 | 12.5 | 12.9 | 30.7 | 63.5 | 113.7 | 1.4 | 1.4 | 0 | 0.3 | 2 | 1.6 | 2.8 | 11.1 | 13.3 | 0.7 | 3.9 | 0.9 |
| Deferred Revenue | 894 | 800.4 | 663.1 | 639.1 | 548.8 | 560.5 | 490.4 | 348.4 | 272.4 | 246.5 | 234.6 | 211.6 | 159.3 | 138.9 | 105.1 | 73.9 | 69.0 | 55.2 | 49.4 | 28.1 | 12.6 | 9.3 | 47.8 | 45.1 | 45.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 229.4 | 252.6 | 430.8 | 323.8 | 166.5 | 351.8 | 321.6 | 287.7 | 243.1 | 184.4 | 189.7 | 187.9 | 181.0 | 150.1 | 123.9 | 90.7 | 42.0 | 63.7 | 66.8 | 28.3 | 29.0 | 14.5 | 11.1 | 6.5 | 18.9 | 6.6 | 34 | 35.5 | 18.8 | 20.8 | 18.2 | 11.1 | 8.8 | 10.1 | 8.4 | 6.1 | 1.4 | 2.4 |
| Total Current Liabilities | 1,503.4 | 1,788 | 1,829.3 | 1,462.1 | 1,188.6 | 1,311.3 | 1,190.3 | 1,055.2 | 809.2 | 688.2 | 660.9 | 588.3 | 577.0 | 468.7 | 411.3 | 251.8 | 223.2 | 223.3 | 249.9 | 181.1 | 146.8 | 129.0 | 96.7 | 112.9 | 141.8 | 203.8 | 47.1 | 49.9 | 37.5 | 34.9 | 35.5 | 22.8 | 24.1 | 32.1 | 31.6 | 13.9 | 8.6 | 3.3 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | 1,392.2 | 1,390.6 | 2,536.2 | 1,220 | 1,293.2 | 1,291.4 | 1,624.2 | 1,712.3 | 785.5 | 489.6 | 611.4 | 674.0 | 652.1 | 873.1 | 498.5 | 151.2 | 151.0 | 151.5 | 60.6 | 0.5 | 0.4 | 26.5 | 77.6 | 107.9 | 127.1 | 137.3 | 30.6 | 31.6 | 30.7 | 0 | 0 | 0 | 4.5 | 5.9 | 4.3 | 1.1 | 4.4 | 8 |
| Deferred Tax Liabilities | 190.5 | 199.9 | 287.8 | 157.8 | 263.1 | 300.3 | 318.2 | 73.8 | 40.4 | 38.8 | 51.7 | 121.1 | 136.4 | 148.3 | 95.6 | 24.6 | 38.9 | 42.2 | 47.9 | 21.6 | 5.6 | 5.4 | 4.2 | 2.6 | 7.3 | 8.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 285 | 145.5 | 165.7 | 175.3 | 205.6 | 212.8 | 222 | 221.5 | 256.1 | 113.8 | 106.5 | 95.8 | 81.0 | 58.3 | 45.0 | 37.1 | 60.0 | 61.6 | 72 | 27.5 | 19.0 | 20.9 | 18.1 | 17.0 | 4.7 | 6.2 | 3.3 | 0.1 | 30.7 | 30.9 | 31.4 | 33 | 0.1 | 2 | 3.9 | 1.7 | 0 | 0.2 |
| Total Non-Current Liabilities | 1,972.4 | 1,955 | 3,209.9 | 1,756.7 | 1,966.3 | 1,967 | 2,330 | 2,046.4 | 1,123 | 679.9 | 799.2 | 917.2 | 889.9 | 1,086.9 | 652.2 | 229.4 | 265.5 | 267.6 | 180.5 | 49.6 | 25.1 | 52.8 | 100.0 | 127.4 | 139.1 | 151.8 | 33.9 | 31.7 | 30.7 | 30.9 | 31.4 | 33 | 4.6 | 7.9 | 8.2 | 2.8 | 4.4 | 8.2 |
| Total Liabilities | 3,475.8 | 3,743 | 5,039.2 | 3,218.8 | 3,154.9 | 3,278.3 | 3,520.3 | 3,101.6 | 1,932.2 | 1,368.1 | 1,460.1 | 1,505.5 | 1,466.9 | 1,555.6 | 1,063.6 | 481.2 | 488.7 | 491.0 | 430.3 | 230.8 | 171.8 | 181.8 | 196.7 | 240.3 | 280.9 | 355.6 | 81 | 81.6 | 68.2 | 65.8 | 66.9 | 55.8 | 28.7 | 40 | 39.8 | 16.7 | 13 | 11.5 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||
| Common Stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 | 0.3 | 1,238.3 | 1,207.4 | 1,106.0 | 1,006.8 | 878.5 | 0 | 720.2 | 684.8 | 660.7 | 0 | 384.2 | 345.1 | 303.0 | 225.9 | 191.2 | 154.8 | 127 | 121.5 | 132.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 3,387.6 | 3,757.6 | 2,437.4 | 2,230 | 2,170.5 | 1,893.4 | 1,602.8 | 1,268.3 | 1,035.9 | 1,177.1 | 1,148.2 | 1,211.0 | 1,081.7 | 868.0 | 685.6 | 536.4 | 491.4 | 427.9 | 388.6 | 271.2 | 167.5 | 82.7 | 15.0 | (23.5) | (33.8) | (10.9) | (25.1) | (46.7) | 6.7 | (2.6) | 8.7 | (2.6) | (12.6) | (16) | 9.2 | 2.3 | 0.1 | (0.2) |
| Accumulated Other Comprehensive Income | 10.5 | (381.9) | (152.1) | (234.9) | (161.7) | (98.5) | (176.8) | (186.1) | (131.2) | (219.9) | (166.8) | (61.3) | 33.2 | 22.6 | 5.1 | 48.0 | 48.3 | 27.6 | 59.7 | 41.1 | 19.5 | 44.4 | 30.2 | (1.0) | (18.9) | (9.0) | (1) | (1.6) | (1) | (41.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 5,836.2 | 5,745.3 | 4,500.1 | 4,050.2 | 3,944.7 | 3,596.9 | 3,119 | 2,674.4 | 2,366 | 2,305.8 | 2,219.7 | 2,357.0 | 2,220.9 | 1,897.5 | 1,569.3 | 1,366.2 | 1,259.9 | 1,140.4 | 1,109.0 | 747.7 | 571.3 | 472.2 | 348.2 | 201.4 | 138.5 | 134.9 | 100.8 | 74.7 | 139.5 | 124 | 129.9 | 53.6 | 38.9 | 29.5 | 47 | 36.2 | 5.6 | 1.3 |
| Total Liabilities & Equity | 9,312 | 9,488.3 | 9,539.3 | 7,269 | 7,099.6 | 6,876.9 | 6,640.7 | 5,776.4 | 4,298.2 | 3,673.8 | 3,680.7 | 3,874.3 | 3,700.8 | 3,469.1 | 2,652.5 | 1,866.9 | 1,753.3 | 1,635.0 | 1,539.4 | 978.4 | 743.1 | 654.0 | 544.9 | 441.7 | 419.4 | 490.5 | 181.8 | 156.3 | 207.7 | 189.8 | 196.8 | 109.4 | 67.6 | 69.5 | 86.8 | 52.9 | 18.6 | 12.8 |
| Debt Metrics | ||||||||||||||||||||||||||||||||||||||
| Total Debt | 1,392.2 | 1,535.2 | 3,188.5 | 1,625.1 | 1,449.6 | 1,656.4 | 1,957.3 | 1,968.5 | 913.9 | 619.9 | 729.7 | 735.4 | 758.5 | 911.2 | 564.4 | 153.2 | 151.5 | 151.6 | 60.7 | 0.5 | 0.6 | 39.0 | 90.5 | 138.5 | 190.6 | 251.1 | 32 | 33 | 0 | 0.3 | 2 | 1.6 | 7.3 | 17 | 17.6 | 1.8 | 8.3 | 8.9 |
| Net Debt | 1,138.8 | 796.4 | 2,958.7 | 1,354.1 | 1,123.9 | 1,418.7 | 1,768.1 | 1,796 | 555.4 | 403.8 | 613.7 | 587.4 | 611.2 | 753.4 | 409.8 | (67.6) | (122.4) | 9.1 | (42.5) | (129.1) | (73.2) | (32.9) | 45.1 | 109.8 | 159.5 | 210.2 | (17.3) | (7.9) | (20) | (22.4) | (27.7) | (16) | 5.4 | 15.1 | 16 | (7.2) | 7.8 | 7 |
| 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 | 424 | 1,504.4 | 311.3 | 449.7 | 492.8 | 390.6 | 514.5 | 283.3 | 121.2 | 132.2 | 120.7 | 213.9 | 218.2 | 189.7 | 148.9 | 103.6 | 64.0 | 141.5 | 117.4 | 103.7 | 84.9 | 67.7 | 38.5 | 10.3 | (22.9) | 14.2 | 21.6 | (53.4) | 9.3 | (11.3) | 11.3 | 10 | 3.4 | (23) | 7 | 2.2 | 0.5 |
| Depreciation & Amortization | 199.9 | 232 | 250.6 | 171.8 | 179.9 | 197.5 | 207.2 | 215.2 | 183.4 | 187.8 | 199.1 | 191.6 | 189.6 | 149.4 | 105.7 | 75.8 | 71.5 | 64.3 | 56.2 | 27.0 | 19.0 | 17.9 | 20.3 | 19.2 | 41.5 | 20.9 | 9.1 | 12.5 | 12.2 | 10.1 | 8 | 7.5 | 7.5 | 7.6 | 5.5 | 2.8 | 1.1 |
| Stock-Based Compensation | 146.5 | 158.6 | 145.4 | 120.4 | 122.6 | 83 | 75 | 76.9 | 64.8 | 52.6 | 50.1 | 43.4 | 36.4 | 32.7 | 28.5 | 23.1 | 18.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (472) | 203.4 | (8) | (253.4) | 6.8 | 23.6 | 10.8 | (105.3) | 65.1 | 39.6 | (16.2) | (14.8) | 13.8 | 23.6 | 1.8 | (44.7) | 45.0 | (21.3) | 2.6 | (2.5) | (14.7) | (12.1) | (18.3) | (1.9) | 8.6 | (11.5) | (3.5) | 25.9 | (22.2) | (4.1) | (8.6) | (2.6) | 0.8 | 11.8 | (20.8) | (11.1) | (4) |
| Other Non-Cash Items | 85.5 | (1,594) | 2.4 | (57.3) | (24.7) | 30.2 | (2.3) | 14.7 | (24) | (5.5) | 0.3 | (25.4) | (28.4) | (53.3) | (16.9) | (19.0) | 3.0 | 17.0 | 10.1 | 5.9 | (9.0) | 1.2 | 2.5 | 6.1 | (1.3) | (3.6) | (3.6) | 22 | (1.4) | 0.2 | 0.5 | 0.8 | (2.1) | (4.1) | (0.2) | 0 | 0.1 |
| Operating Cash Flow | 386.2 | 531.4 | 597.1 | 391.2 | 750.5 | 672 | 585 | 486.7 | 411.9 | 407.1 | 354.9 | 407.1 | 414.6 | 340.7 | 241.6 | 124.0 | 194.6 | 176.1 | 187.0 | 138.1 | 94.3 | 73.1 | 36.5 | 35.1 | 25.1 | 19.8 | 23.6 | 7 | (2.1) | (3.9) | 11.4 | 13.9 | 9.6 | (3.3) | (10) | (6.1) | (2) |
| Investing Activities | |||||||||||||||||||||||||||||||||||||
| Capital Expenditure | (253) | (33.6) | (42) | (43.2) | (46.1) | (56.8) | (69) | (67.6) | (43.7) | (26.3) | (44) | (54.9) | (70.9) | (55.2) | (24.9) | (25.2) | (39.5) | (16.2) | (13.2) | (16.5) | (23.4) | (12.8) | (10.9) | (7.2) | (7.3) | (7.6) | (6.4) | (11.5) | (11) | (10.4) | (14.6) | (7.9) | (3.9) | (3.4) | (10.7) | (4.8) | (1.1) |
| Acquisitions | (8.8) | (22) | (2,071.9) | (158.1) | (168.8) | (201.9) | (220.8) | (1,763.5) | (273) | (25.9) | (149.7) | (318.9) | (258.8) | (723.2) | (759.7) | (136.4) | (52.0) | (115.1) | (295.8) | (99.9) | (51.4) | (11.4) | (6.6) | 1.7 | (4.4) | (211.5) | 26.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (24) | (288) | (113.3) | (5.5) | 0 | 0 | 0 | (3.3) | (8.2) | (0.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (6.5) | (54.8) | (53.9) | (65.7) | (75.7) | (115.5) | (26.5) | 0 | 0 | 0 | (1) | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 203 | 219.8 | 2.4 | 0 | 0 | 0 | 0 | (1.7) | (2.1) | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59.2 | 18.4 | 90.8 | 70.5 | 83.2 | 68.6 | 6 | 0 | 0 | 1 | 0 | 0.1 |
| Other Investing Activities | 224.8 | 1,916.7 | 45.8 | (25) | 11.4 | 26.9 | 14.5 | 2.5 | 18.9 | 18.7 | 21.3 | 29.8 | 4.9 | 14.2 | 16.0 | 15.5 | 3.4 | 9.6 | (2.4) | (0.0) | (0.1) | (1.0) | (5.1) | (0.3) | 0.2 | (0.9) | (2) | (2.9) | (0.9) | (0.6) | (0.9) | 0 | 0 | 0 | (1.5) | 0 | 0 |
| Investing Cash Flow | (37) | 1,861.1 | (2,068.1) | (226.3) | (203.5) | (231.8) | (275.3) | (1,649.6) | (366) | (144.4) | (172.4) | (344.0) | (324.8) | (764.3) | (773.6) | (156.4) | (83.9) | (121.7) | (311.4) | (116.4) | (74.9) | (25.1) | (22.7) | (5.8) | (11.4) | (167.2) | (17.9) | 22.5 | (7.1) | (3.5) | (62.4) | (28.4) | (3.9) | (3.4) | (11.2) | (5.8) | (1) |
| Financing Activities | |||||||||||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | (1,678.2) | 1,554.2 | 224.6 | (251) | (312.2) | (127.5) | 1,051.3 | 290.6 | (110.3) | (0.2) | (23.9) | (159.6) | 341.9 | 403.5 | (0.5) | (0.2) | 90.7 | 59.5 | 0 | (38.2) | (51.0) | (50.5) | (53.1) | (59.8) | 126.7 | (1.8) | 2.8 | (0.7) | (1.9) | (1.6) | 26.5 | (9.8) | (0.9) | 9.2 | (4) | 0 |
| Stock Repurchased | (863.4) | (181.5) | (100) | (408.3) | (195.1) | (81.6) | (179.8) | (93) | (285.3) | (119.5) | (234.4) | (97.8) | 0 | 0 | 0 | (73.9) | 0 | (125.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (16.1) | (1.8) | (3.5) | 0 | 0 | 0 | 0 | 0 | 0 | (0.2) |
| Dividends Paid | 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 Financing Activities | (5.6) | (4.5) | (29.4) | (15.3) | (1.6) | (6.5) | 14.7 | (9.1) | (12.6) | 308.9 | 2.1 | 70.2 | 61.2 | 25.3 | 14.8 | 9.6 | 1.5 | 6.0 | 12.4 | 7.6 | 0.4 | 0 | 0 | 0 | 0 | 0.2 | 0 | (0.2) | (0.1) | 0 | 0.2 | 0.1 | 0.2 | 0 | 0.3 | 0 | 0 |
| Financing Cash Flow | (868.4) | (1,864.2) | 1,431.5 | (199) | (447.7) | (400.3) | (292.6) | 989.4 | 79.1 | (155.8) | (202.8) | (51.5) | (98.4) | 426.4 | 464.2 | (20.2) | 16.1 | (6.4) | 103.8 | 34.2 | (13.4) | (24.2) | 0.1 | (31.7) | (23.4) | 139.0 | 2.7 | (8.5) | 6.4 | 0.4 | 63.1 | 30.3 | (5.7) | 7 | 13.7 | 20.4 | 1.7 |
| Cash Position | |||||||||||||||||||||||||||||||||||||
| Net Change in Cash | (494.4) | 508.9 | (32.1) | (54.7) | 88 | 48.5 | 16.7 | (186) | 142.4 | 100.1 | (32) | 0.8 | (10.5) | 3.1 | (66.2) | (53.1) | 131.3 | 44.3 | (26.4) | 55.8 | 2.0 | 26.5 | 16.7 | (2.4) | (9.8) | (8.4) | 8.4 | (8.5) | 6.4 | 0.4 | 63.1 | 30.3 | 0 | 7 | 13.7 | 20.4 | 1.7 |
| Cash at Beginning | 747.8 | 238.9 | 271 | 325.7 | 237.7 | 189.2 | 172.5 | 358.5 | 216.1 | 116 | 148 | 147.2 | 157.8 | 154.6 | 220.8 | 273.8 | 142.5 | 103.2 | 129.6 | 73.9 | 71.9 | 45.4 | 28.7 | 31.1 | 40.9 | 49.3 | 40.9 | 20 | 22.7 | 29.7 | 17.6 | 1.9 | 1.9 | 1.6 | 9 | 0.5 | 1.8 |
| Cash at End | 253.4 | 747.8 | 238.9 | 271 | 325.7 | 237.7 | 189.2 | 172.5 | 358.5 | 216.1 | 116 | 148 | 147.2 | 157.8 | 154.6 | 220.8 | 273.8 | 147.5 | 103.2 | 129.6 | 73.9 | 71.9 | 45.4 | 28.7 | 31.1 | 40.9 | 49.3 | 11.5 | 29.1 | 30.1 | 80.7 | 32.2 | 1.9 | 8.6 | 22.7 | 20.9 | 3.5 |
| Free Cash Flow | 133.2 | 497.8 | 555.1 | 348 | 704.4 | 615.2 | 516 | 419.1 | 368.2 | 380.8 | 310.9 | 352.1 | 343.8 | 285.5 | 216.7 | 98.8 | 155.1 | 159.9 | 173.8 | 121.6 | 70.9 | 60.4 | 25.6 | 27.9 | 17.8 | 12.3 | 17.2 | (4.5) | (13.1) | (14.3) | (3.2) | 6 | 5.7 | (6.7) | (20.7) | (10.9) | (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 | 1992 | 1991 | 1990 | 1989 | 1988 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||||||||
| Revenue | 3,587.3 | 3,683.3 | 3,798.7 | 3,676.3 | 3,659.1 | 3,147.7 | 3,264.3 | 3,108.4 | 2,654.2 | 2,362.2 | 2,290.4 | 2,395.5 | 2,288.1 | 2,040.1 | 1,644.1 | 1,293.9 | 1,126.3 | 1,329.2 | 1,222.3 | 940.1 | 774.9 | 668.8 | 540.9 | 466.6 | 475.3 | 369.8 | 271.4 | 260.3 | 272.3 | 233.7 | 235.4 | 175.6 | 149.5 | 127.6 | 151 | 63.3 | 27.9 | 18 |
| Gross Profit | 2,450.7 | 2,396.3 | 2,332.8 | 2,105.6 | 2,034.7 | 1,754.9 | 1,780.9 | 1,681 | 1,392.6 | 1,238 | 1,202.2 | 1,290.8 | 1,203.8 | 1,046.2 | 829.6 | 645.5 | 549.9 | 649.1 | 612.9 | 461.1 | 389.8 | 324.8 | 268.0 | 234.4 | 237.2 | 204.1 | 153.4 | 138.1 | 152.4 | 131.2 | 140.8 | 113.8 | 89.2 | 66.2 | 88.6 | 36.9 | 16.7 | 11.8 |
| Operating Income | 607.5 | 460.7 | 448.8 | 510.9 | 561 | 419.8 | 375.9 | 320.7 | 246 | 181 | 154.4 | 260.8 | 251.7 | 212.6 | 156.4 | 127.6 | 85.8 | 185.5 | 178.3 | 135.4 | 124.9 | 85.6 | 53.9 | 33.8 | 0.2 | 26.2 | 20.5 | (12.8) | 10.4 | (10.1) | 13.4 | 15.2 | 7.8 | (15) | 9.9 | 3.1 | (2.3) | (1) |
| Net Income | 424 | 1,504.4 | 311.3 | 449.7 | 492.8 | 389.9 | 514.3 | 282.8 | 121.1 | 132.4 | 121.1 | 214.1 | 218.9 | 191.1 | 150.8 | 103.7 | 63.4 | 141.5 | 117.4 | 103.7 | 84.9 | 67.7 | 38.5 | 10.3 | (22.9) | 14.2 | 21.6 | (53.4) | 9.3 | (11.3) | 11.3 | 10 | 3.4 | (25.3) | 7 | 2.2 | 0.5 | 0.6 |
| EPS (Diluted) | 1.75 | 6.09 | 1.25 | 1.80 | 1.94 | 1.55 | 2.03 | 1.12 | 0.47 | 0.52 | 0.47 | 0.81 | 0.84 | 0.75 | 0.60 | 0.42 | 0.26 | 0.57 | 0.47 | 0.45 | 0.38 | 0.31 | 0.19 | 0.06 | -0.15 | 0.09 | 0.16 | -0.40 | 0.07 | -0.09 | 0.09 | 0.09 | 0.03 | -0.25 | 0.07 | 0.02 | 0.01 | 0.01 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 253.4 | 738.8 | 229.8 | 271 | 325.7 | 237.7 | 189.2 | 172.5 | 358.5 | 216.1 | 116 | 148 | 147.2 | 157.8 | 154.6 | 220.8 | 273.8 | 147.5 | 103.2 | 129.6 | 73.9 | 71.9 | 45.4 | 28.7 | 31.1 | 40.9 | 49.3 | 40.9 | 20 | 22.7 | 29.7 | 17.6 | 1.9 | 1.9 | 1.6 | 9 | 0.5 | 1.9 |
| Total Assets | 9,312 | 9,488.3 | 9,539.3 | 7,269 | 7,099.6 | 6,876.9 | 6,640.7 | 5,776.4 | 4,298.2 | 3,673.8 | 3,680.7 | 3,874.3 | 3,700.8 | 3,469.1 | 2,652.5 | 1,866.9 | 1,753.3 | 1,635.0 | 1,539.4 | 978.4 | 743.1 | 654.0 | 544.9 | 441.7 | 419.4 | 490.5 | 181.8 | 156.3 | 207.7 | 189.8 | 196.8 | 109.4 | 67.6 | 69.5 | 86.8 | 52.9 | 18.6 | 12.8 |
| Total Debt | 1,392.2 | 1,535.2 | 3,188.5 | 1,625.1 | 1,449.6 | 1,656.4 | 1,957.3 | 1,968.5 | 913.9 | 619.9 | 729.7 | 735.4 | 758.5 | 911.2 | 564.4 | 153.2 | 151.5 | 151.6 | 60.7 | 0.5 | 0.6 | 39.0 | 90.5 | 138.5 | 190.6 | 251.1 | 32 | 33 | 0 | 0.3 | 2 | 1.6 | 7.3 | 17 | 17.6 | 1.8 | 8.3 | 8.9 |
| Stockholders' Equity | 5,836.2 | 5,745.3 | 4,500.1 | 4,050.2 | 3,944.7 | 3,596.9 | 3,119 | 2,674.4 | 2,366 | 2,305.8 | 2,219.7 | 2,357.0 | 2,220.9 | 1,897.5 | 1,569.3 | 1,366.2 | 1,259.9 | 1,140.4 | 1,109.0 | 747.7 | 571.3 | 472.2 | 348.2 | 201.4 | 138.5 | 134.9 | 100.8 | 74.7 | 139.5 | 124 | 129.9 | 53.6 | 38.9 | 29.5 | 47 | 36.2 | 5.6 | 1.3 |
| Cash Flow | ||||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | 386.2 | 531.4 | 597.1 | 391.2 | 750.5 | 672 | 585 | 486.7 | 411.9 | 407.1 | 354.9 | 407.1 | 414.6 | 340.7 | 241.6 | 124.0 | 194.6 | 176.1 | 187.0 | 138.1 | 94.3 | 73.1 | 36.5 | 35.1 | 25.1 | 19.8 | 23.6 | 7 | (2.1) | (3.9) | 11.4 | 13.9 | 9.6 | (3.3) | (10) | (6.1) | (2) | |
| Capital Expenditure | (253) | (33.6) | (42) | (43.2) | (46.1) | (56.8) | (69) | (67.6) | (43.7) | (26.3) | (44) | (54.9) | (70.9) | (55.2) | (24.9) | (25.2) | (39.5) | (16.2) | (13.2) | (16.5) | (23.4) | (12.8) | (10.9) | (7.2) | (7.3) | (7.6) | (6.4) | (11.5) | (11) | (10.4) | (14.6) | (7.9) | (3.9) | (3.4) | (10.7) | (4.8) | (1.1) | |
| Free Cash Flow | 133.2 | 497.8 | 555.1 | 348 | 704.4 | 615.2 | 516 | 419.1 | 368.2 | 380.8 | 310.9 | 352.1 | 343.8 | 285.5 | 216.7 | 98.8 | 155.1 | 159.9 | 173.8 | 121.6 | 70.9 | 60.4 | 25.6 | 27.9 | 17.8 | 12.3 | 17.2 | (4.5) | (13.1) | (14.3) | (3.2) | 6 | 5.7 | (6.7) | (20.7) | (10.9) | (3.1) | |