TYL - Tyler Technologies, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$453.45
DETAILS
HIGH:
$550.00
LOW:
$360.00
MEDIAN:
$450.00
CONSENSUS:
$453.45
UPSIDE:
44.76%
| 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 | 2,332.3 | 2,137.8 | 1,951.8 | 1,850.2 | 1,592.3 | 1,116.7 | 1,086.4 | 935.3 | 840.7 | 756.0 | 591.0 | 493.1 | 416.6 | 363.3 | 309.4 | 288.6 | 290.3 | 265.1 | 219.8 | 195.3 | 170.5 | 172.3 | 145.5 | 133.9 | 117.9 | 93.2 | 108.4 | 50.5 | 76.4 | 128.4 | 140.6 | 357.9 | 282.4 |
| Cost of Revenue | 1,305.1 | 1,261.7 | 1,165.3 | 1,127.7 | 927.5 | 595.8 | 591.0 | 511.9 | 454.9 | 414.4 | 319.7 | 264.3 | 228.0 | 199.9 | 170.8 | 163.5 | 164.2 | 157.8 | 136.8 | 121.8 | 110.2 | 109.7 | 88.6 | 85.9 | 77.9 | 56.1 | 50.5 | 25.5 | 41.8 | 56.9 | 60 | 243.4 | 210.4 |
| Gross Profit | 1,027.3 | 876.1 | 786.5 | 722.5 | 664.8 | 520.9 | 495.5 | 423.4 | 386.0 | 341.6 | 271.3 | 228.8 | 188.7 | 163.4 | 138.6 | 125.1 | 126.1 | 107.3 | 82.9 | 73.5 | 60.2 | 62.6 | 56.8 | 48.0 | 40.0 | 37.1 | 57.9 | 25 | 34.6 | 71.5 | 80.6 | 114.5 | 72 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 204.6 | 117.9 | 109.6 | 105.2 | 93.5 | 88.4 | 81.3 | 63.3 | 47.3 | 43.2 | 29.9 | 25.7 | 23.3 | 20.1 | 16.4 | 14.0 | 11.2 | 7.3 | 4.4 | 3.3 | 2.4 | 2.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 465.0 | 458.7 | 458.3 | 401.1 | 365.5 | 259.6 | 257.7 | 207.6 | 175.9 | 167.2 | 127.4 | 108.3 | 99.0 | 86.7 | 75.7 | 69.5 | 70.1 | 62.9 | 51.7 | 48.3 | 43.8 | 43.0 | 38.4 | 33.9 | 31.1 | 32.8 | 37.9 | 14.5 | 31.9 | 79.5 | 73.5 | 103.4 | 58 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.9 | 3.3 | 6.7 | 9.7 | 11.3 | 5.5 | 2.1 | 4.5 | 4.6 | 12.8 | 10.6 |
| Operating Expenses | 669.6 | 576.6 | 567.9 | 506.3 | 459.0 | 347.9 | 339.1 | 270.9 | 223.2 | 210.3 | 157.3 | 134.0 | 122.3 | 106.8 | 92.1 | 83.5 | 81.3 | 70.2 | 56.2 | 51.6 | 46.2 | 45.5 | 41.3 | 37.2 | 37.7 | 42.5 | 49.2 | 20 | 34 | 84 | 78.1 | 116.2 | 68.6 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 357.7 | 299.5 | 218.5 | 216.2 | 205.8 | 172.9 | 156.4 | 152.5 | 162.8 | 131.3 | 113.9 | 94.8 | 66.4 | 56.6 | 46.5 | 41.6 | 44.8 | 37.1 | 26.8 | 21.9 | 14.0 | 17.1 | 15.5 | 10.7 | 2.3 | (5.4) | 8.8 | 5 | 0.6 | (12.5) | 2.5 | (1.7) | 3.4 |
| Interest Expense | 5.0 | 5.9 | 23.6 | 28.4 | 23.3 | 0 | 0 | 0 | 0 | 2.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 14.6 | 3.3 | 1.7 | 1.5 | 2.1 | 3.5 | 3.4 | 0.7 | 0 | 0.4 | 0 | 0 | 0 | 0 | 0 | 1.1 | 1.2 | 1.8 | 1.4 | 0 | 0.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 505.5 | 466.5 | 392.6 | 388.0 | 328.1 | 256.7 | 236.5 | 216.7 | 216.8 | 181.6 | 128.0 | 109.1 | 79.6 | 66.6 | 54.8 | 50.7 | 56.8 | 44.3 | 39.8 | 33.0 | 24.1 | 29.0 | 24.9 | 19.3 | 13.2 | 4.3 | 8.0 | 2.3 | (2.9) | (6.7) | 1.3 | 11.1 | 14 |
| EBIT | 357.7 | 314.1 | 221.9 | 216.0 | 182.3 | 175.0 | 159.8 | 155.9 | 163.5 | 131.3 | 108.4 | 94.5 | 65.8 | 53.9 | 44.1 | 39.9 | 44.6 | 29.3 | 28.6 | 22.9 | 13.6 | 17.7 | 15.5 | 10.7 | 2.3 | (5.4) | 1.9 | 0.3 | (3.0) | (6.8) | (0.9) | (1.7) | 3.4 |
| Income Before Tax | 390.3 | 308.2 | 198.2 | 187.6 | 159.0 | 175.0 | 159.8 | 155.9 | 161.6 | 129.3 | 108.4 | 94.5 | 65.8 | 53.9 | 44.1 | 39.9 | 44.6 | 29.3 | 28.6 | 22.9 | 13.6 | 17.4 | 39.1 | 10.0 | 1.8 | (10.3) | 2.3 | 3.1 | (1.4) | (64.3) | (0.1) | (5.6) | 2.9 |
| Income Tax Expense | 74.7 | 45.1 | 32.3 | 23.4 | (2.5) | (19.8) | 13.3 | 8.4 | (2.3) | 19.4 | 43.6 | 35.5 | 26.7 | 20.9 | 16.6 | 14.8 | 17.6 | 14.4 | 11.1 | 8.5 | 5.4 | 7.3 | 13.1 | 3.9 | 1.5 | (2.8) | 2.4 | 2 | (0.2) | (4.3) | 0.6 | (0.9) | 1.6 |
| Net Income | 315.6 | 263.0 | 165.9 | 164.2 | 161.5 | 194.8 | 146.5 | 147.5 | 163.9 | 109.9 | 64.9 | 58.9 | 39.1 | 33.0 | 27.6 | 25.1 | 27.0 | 14.9 | 17.5 | 14.4 | 8.2 | 10.1 | 26.4 | 8.0 | 0.3 | (24.6) | (2.8) | (8.4) | (3.3) | (61.3) | (17) | (4.7) | (2.3) |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 7.32 | 6.17 | 3.95 | 3.95 | 3.95 | 4.87 | 3.79 | 3.84 | 4.55 | 3.12 | 1.90 | 1.79 | 1.23 | 1.09 | 0.88 | 0.74 | 0.77 | 0.39 | 0.45 | 0.37 | 0.21 | 0.25 | 0.64 | 0.17 | 0.01 | -0.55 | -0.07 | -0.25 | -0.16 | -3.09 | -0.86 | -0.23 | -0.13 |
| EPS (Diluted) | 7.20 | 6.05 | 3.88 | 3.87 | 3.82 | 4.69 | 3.65 | 3.68 | 4.32 | 2.92 | 1.77 | 1.66 | 1.13 | 1.00 | 0.83 | 0.71 | 0.74 | 0.38 | 0.42 | 0.34 | 0.19 | 0.23 | 0.58 | 0.12 | 0.01 | -0.54 | -0.07 | -0.25 | -0.16 | -3.09 | -0.86 | -0.23 | -0.13 |
| Shares Outstanding | 43.1 | 42.6 | 42.0 | 41.5 | 40.8 | 40.0 | 38.6 | 38.4 | 37.3 | 36.4 | 34.1 | 33.0 | 31.9 | 30.3 | 31.3 | 34.1 | 35.2 | 37.7 | 38.7 | 38.8 | 39.4 | 41.3 | 43.1 | 47.4 | 47.2 | 45.0 | 40 | 34.3 | 20.6 | 19.8 | 19.9 | 20 | 17.7 |
| 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 | 1,015.4 | 744.7 | 165.5 | 173.9 | 309.2 | 603.6 | 232.7 | 134.3 | 185.9 | 36.2 | 9.7 | 1.8 | 12.6 | 10.3 | 13.7 | 5.3 | 8.9 | 2.4 | 1.6 | 8.9 | 15.8 | 3.2 | 2 | 18 |
| Short-Term Investments | 81.8 | 23.3 | 10.4 | 37.0 | 52.3 | 72.2 | 39.4 | 44.3 | 43.2 | 20.3 | 0.1 | 0.8 | 13.8 | 11.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 662.5 | 599.6 | 619.7 | 577.3 | 539.2 | 403.9 | 380.6 | 303.6 | 257.5 | 203.2 | 81.2 | 77.0 | 44.2 | 42.5 | 33.5 | 35.4 | 36.9 | 34.9 | 14.4 | 3.3 | 1 | 20.7 | 39.1 | 18 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.9 | 17.3 | 22.3 | 50.2 | 32.7 |
| Other Current Assets | 84.1 | 8.1 | 10.3 | 8.2 | 8.2 | 2.5 | 2.3 | 3.4 | 2.0 | 2.3 | 10.8 | 9.1 | 3.1 | 1.5 | 1.2 | 1.3 | 1.5 | 5.7 | 16.6 | 1.2 | 4.4 | 14.4 | 11.6 | 6.7 |
| Total Current Assets | 1,843.9 | 1,440.8 | 860.6 | 847.2 | 964.3 | 1,113.1 | 679.7 | 518.9 | 496.8 | 283.0 | 109.7 | 97.2 | 78.9 | 66.1 | 52.5 | 45.5 | 49.8 | 51.0 | 32.6 | 36.3 | 52.8 | 60.6 | 102.9 | 75.4 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 196.0 | 195.2 | 208.8 | 223.8 | 220.9 | 186.7 | 190.9 | 155.2 | 152.3 | 124.3 | 35.8 | 26.5 | 6.6 | 6.5 | 6.8 | 7.0 | 6.2 | 21.8 | 14.1 | 5.6 | 8.1 | 9.7 | 54.4 | 46.1 |
| Goodwill | 2,590.0 | 2,531.7 | 2,532.1 | 2,489.3 | 2,359.7 | 838.4 | 840.1 | 753.7 | 658.0 | 650.2 | 90.3 | 88.8 | 53.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 848.8 | 908.1 | 996.0 | 1,050.4 | 1,081.0 | 331.2 | 378.9 | 276.9 | 229.6 | 267.3 | 31.8 | 35.0 | 43.6 | 75.4 | 61.0 | 62.2 | 84.7 | 85.7 | 96 | 0 | 0 | 54.3 | 85.8 | 47.1 |
| Long-Term Investments | 60.7 | 10.8 | 7.0 | 18.5 | 46.4 | 82.6 | 42.2 | 70.3 | 38.5 | 30.7 | 2.0 | 3.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 99.6 | 93.5 | 72.2 | 58.2 | 59.9 | 55.2 | 59.8 | 16.0 | 12.1 | 2.5 | 1.2 | 0.4 | 32.7 | 34.2 | 49.6 | 32.5 | 10.8 | 119.1 | 7.4 | 18.1 | 17.8 | 4 | 6.1 | 5.3 |
| Total Non-Current Assets | 3,795.0 | 3,739.2 | 3,816.1 | 3,840.2 | 3,767.8 | 1,494.2 | 1,511.9 | 1,272.1 | 1,092.8 | 1,075.0 | 161.0 | 154.5 | 111.6 | 116.1 | 117.4 | 101.7 | 102.9 | 221.5 | 117.5 | 18.6 | 10.1 | 68 | 146.3 | 98.5 |
| Total Assets | 5,638.9 | 5,180.0 | 4,676.7 | 4,687.4 | 4,732.2 | 2,607.3 | 2,191.6 | 1,791.0 | 1,589.6 | 1,357.9 | 270.7 | 251.8 | 190.5 | 182.3 | 169.8 | 147.2 | 152.7 | 272.5 | 150.1 | 54.9 | 62.9 | 128.6 | 249.2 | 173.9 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 365.3 | 156.8 | 146.3 | 104.8 | 120.0 | 14.0 | 15.0 | 6.9 | 8.2 | 7.3 | 3.8 | 2.6 | 2.9 | 2.4 | 2.4 | 2.0 | 4.3 | 3.9 | 1.2 | 5.6 | 3.3 | 7.6 | 20.1 | 11.7 |
| Short-Term Debt | 609.3 | 0 | 49.8 | 30 | 30 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 0 | 0 | 0 | 0.1 | 0.4 | 0.8 | 1.9 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 780.8 | 701.4 | 632.9 | 568.5 | 510.5 | 461.3 | 412.5 | 350.5 | 309.5 | 298.2 | 99.1 | 95.8 | 41.5 | 34.0 | 26.2 | 27.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.0 | 0.5 | 0.4 | 0.5 | 5.2 | 32.5 | 15.3 | (1.1) | 9.2 | 16 | 31.5 | 24.2 |
| Total Current Liabilities | 1,755.4 | 1,065.6 | 1,001.1 | 889.7 | 829.5 | 564.3 | 509.1 | 423.9 | 382.3 | 361.5 | 129.3 | 129.5 | 59.1 | 51.1 | 40.2 | 39.8 | 43.3 | 47.0 | 18.4 | 11.8 | 20.6 | 23.6 | 51.6 | 35.9 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 33.3 | 597.9 | 596.2 | 957.4 | 1,311.3 | 0 | 0 | 0 | 0 | 10 | 0 | 0 | 0 | 0 | 2.5 | 2.9 | 7.7 | 67.4 | 37.2 | 0 | 0 | 0 | 63.5 | 0 |
| Deferred Tax Liabilities | 95.1 | 47.5 | 78.6 | 148.9 | 228.1 | 40.5 | 48.4 | 41.8 | 38.9 | 68.8 | 7.1 | 8.0 | 13.0 | 13.2 | 8.4 | 3.6 | 3.5 | 13.9 | 10.9 | 3.2 | 6.1 | 8.1 | 6.7 | 8.2 |
| Other Non-Current Liabilities | (2.1) | 27.4 | 22.6 | 17.0 | 2.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.3 | 7.3 | 8.6 | 9.2 | 3.5 | 17.1 | 11.8 |
| Total Non-Current Liabilities | 180.7 | 726.0 | 737.5 | 1,173.3 | 1,578.6 | 56.9 | 65.5 | 42.2 | 40.2 | 80.9 | 7.1 | 8.0 | 13.0 | 13.2 | 11.0 | 6.5 | 13.2 | 86.6 | 55.4 | 11.7 | 10.3 | 11.6 | 87.3 | 20 |
| Total Liabilities | 1,936.1 | 1,791.6 | 1,738.7 | 2,063.0 | 2,408.1 | 621.2 | 574.6 | 466.1 | 422.5 | 442.4 | 136.3 | 137.5 | 72.1 | 64.3 | 51.2 | 46.3 | 56.6 | 133.6 | 73.8 | 23.5 | 30.9 | 35.2 | 138.9 | 55.9 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 3,702.8 | 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 | 0.5 | 0.5 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 0 | 1,866.8 | 1,603.8 | 1,437.9 | 1,273.6 | 1,112.2 | 917.3 | 771.9 | 624.5 | 435.9 | 77.5 | 50.5 | (4.4) | (14.6) | (41.0) | (48.9) | (49.2) | (24.6) | (21.8) | (13.4) | (10.1) | 51.2 | 68.2 | 72.9 |
| Accumulated Other Comprehensive Income | 0 | (0.2) | (0.3) | (0.8) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.4) | (0.4) | (11.5) | (0.0) | 7.4 | (4.5) | (10.7) | 17.9 | (2.5) | (4.8) | (6.4) | 0 | 0 | 0 |
| Total Stockholders' Equity | 3,702.8 | 3,388.4 | 2,938.0 | 2,624.4 | 2,324.0 | 1,986.1 | 1,617.1 | 1,324.8 | 1,167.1 | 915.5 | 134.4 | 114.3 | 118.4 | 117.9 | 118.7 | 100.9 | 96.1 | 138.9 | 76.3 | 31.4 | 32 | 93.4 | 110.3 | 118 |
| Total Liabilities & Equity | 5,638.9 | 5,180.0 | 4,676.7 | 4,687.4 | 4,732.2 | 2,607.3 | 2,191.6 | 1,791.0 | 1,589.6 | 1,357.9 | 270.7 | 251.8 | 190.5 | 182.3 | 169.8 | 147.2 | 152.7 | 272.5 | 150.1 | 54.9 | 62.9 | 128.6 | 249.2 | 173.9 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 676.0 | 638.4 | 696.9 | 1,046.2 | 1,388.2 | 22.2 | 23.2 | 0 | 0 | 10 | 0 | 8 | 0 | 0 | 2.5 | 3.0 | 8.1 | 71.2 | 39.1 | 0 | 0 | 0 | 63.5 | 0 |
| Net Debt | (339.4) | (106.4) | 531.4 | 872.3 | 1,079.0 | (581.4) | (209.5) | (134.3) | (185.9) | (26.2) | (9.7) | 6.2 | (12.6) | (10.3) | (11.2) | (2.2) | (0.8) | 68.8 | 37.5 | (8.9) | (15.8) | (3.2) | 61.5 | (18) |
| 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 | 315.6 | 263.0 | 165.9 | 164.2 | 161.5 | 194.8 | 146.5 | 147.5 | 163.9 | 109.9 | 8.2 | 10.1 | 26.4 | 8.0 | 0.3 | (24.6) | (0.1) | (8.4) | (3.3) | (61.3) | (17) | (4.7) | 1.3 |
| Depreciation & Amortization | 138.4 | 152.4 | 170.8 | 159.1 | 135.6 | 81.7 | 76.7 | 61.8 | 53.9 | 50.3 | 10.4 | 11.4 | 9.4 | 8.5 | 10.9 | 9.7 | 11.3 | 5.5 | 2.1 | 4.5 | 4.6 | 12.8 | 10.6 |
| Stock-Based Compensation | 151.3 | 122.8 | 108.3 | 103.0 | 104.7 | 67.4 | 60.0 | 52.7 | 37.3 | 29.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (19.8) | 122.4 | 0.4 | 26.6 | (29.8) | 9.9 | (33.3) | (9.0) | (33.7) | 26.4 | 3.2 | (0.0) | 4.8 | 1.3 | 0.7 | (1.2) | (9.3) | (4.6) | (7.5) | 1 | (0.6) | (12) | 7.3 |
| Other Non-Cash Items | 24.2 | (5.3) | 8.7 | 15.8 | 13.0 | 9.3 | 10.9 | 2.3 | 4.1 | 4.5 | 1.6 | 1.0 | (22.7) | (1.4) | 0.4 | 2.1 | (2.8) | 0.1 | 3.4 | 66 | 25.5 | 1.3 | 0.2 |
| Operating Cash Flow | 653.5 | 624.6 | 380.4 | 381.5 | 371.8 | 355.1 | 254.7 | 250.2 | 195.8 | 191.9 | 21.2 | 22.2 | 22.5 | 19.8 | 12.7 | (6.4) | 0.7 | 2.1 | (6.8) | 7.3 | 15.9 | (2.6) | 18.3 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (16.0) | (20.5) | (53.0) | (50.2) | (55.6) | (28.5) | (42.0) | (27.4) | (43.1) | (37.7) | (1.7) | (2.3) | (1.8) | (9.7) | (4.5) | (4.8) | (6.5) | (39.5) | (6.9) | (3.6) | (2.1) | (14) | (10.9) |
| Acquisitions | (83.7) | (1.4) | (62.8) | (163.9) | (2,089.7) | (1.3) | (218.7) | (178.1) | (11.3) | (9.4) | 0 | (0.9) | 0.1 | 0 | (2.8) | (3.1) | (25.9) | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (228.5) | (32.4) | (10.6) | (29.9) | (77.5) | (166.6) | (54.7) | (115.6) | (59.8) | (20.3) | (17.9) | (12.3) | (27.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 121.9 | 16.0 | 49.4 | 71.0 | 131.4 | 97.7 | 70.8 | 81.2 | 28.8 | 16.8 | 21.5 | 10.1 | 16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (16.2) | (29.2) | (32.5) | 0.4 | 0.4 | 0.3 | (0.3) | 1.7 | (0.0) | (0.1) | (0.0) | (4.5) | 12.8 | 1.7 | (2.5) | 73.3 | 7.8 | 2.8 | 4.6 | 8.8 | 50.2 | (59.9) | 0.7 |
| Investing Cash Flow | (222.5) | (67.6) | (77.0) | (172.5) | (2,090.9) | (98.3) | (245.0) | (238.3) | (85.4) | (50.7) | 1.8 | (9.9) | (0.6) | (8.0) | (9.7) | 65.4 | (24.7) | (36.7) | (2.3) | 5.2 | 48.1 | (73.9) | (10.2) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | 0 | (50) | (345) | (360) | 1,327.8 | 0 | 0 | 0 | (10) | (56) | 0 | (0.0) | (3.0) | (0.5) | (5.1) | (57.1) | 26.3 | 28.2 | 0 | 0 | (62.7) | 63.5 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | (13.0) | (15.5) | (17.8) | (146.6) | (7.5) | (111.8) | (17.7) | (12.5) | (24.1) | (4) | 0 | 0 | 0 | 0 | (1.6) | 0 | 0 | (3.2) | (2.2) |
| 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 |
| Other Financing Activities | (182.4) | (2.6) | 0 | 0 | 0 | (5.6) | 9.6 | 8.1 | 7.0 | 6.2 | 1.0 | 0.7 | 0 | (0.6) | (1.1) | (4.2) | (1.3) | (0.5) | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | (160.4) | 22.2 | (311.8) | (344.2) | 1,424.7 | 114.2 | 88.7 | (63.6) | 39.4 | (138.1) | (14.8) | (9.9) | (25.4) | (3.4) | (6.0) | (52.0) | 25.0 | 27.9 | 2.5 | 0 | (62.7) | 60.5 | (2.1) |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | 270.7 | 579.2 | (8.4) | (135.3) | (294.5) | 370.9 | 98.4 | (51.6) | 149.8 | 3.1 | 8.2 | 2.3 | (3.5) | 8.5 | (2.9) | 6.9 | 0.9 | 27.9 | 2.5 | 12.5 | (62.7) | 60.5 | (2.1) |
| Cash at Beginning | 744.7 | 165.5 | 173.9 | 309.2 | 603.6 | 232.7 | 134.3 | 185.9 | 36.2 | 33.1 | 12.6 | 10.3 | 13.7 | 5.3 | 8.2 | 2.0 | 1.6 | 8.4 | 15.4 | 3.2 | 1.9 | 18 | 12.1 |
| Cash at End | 1,015.4 | 744.7 | 165.5 | 173.9 | 309.2 | 603.6 | 232.7 | 134.3 | 185.9 | 36.2 | 20.7 | 12.6 | 10.3 | 13.7 | 5.3 | 8.9 | 2.4 | 36.3 | 17.9 | 15.7 | (60.8) | 78.5 | 10 |
| Free Cash Flow | 637.5 | 604.1 | 327.4 | 331.3 | 316.1 | 326.6 | 212.7 | 222.8 | 152.7 | 154.1 | 19.5 | 19.9 | 20.7 | 10.1 | 8.3 | (11.3) | (5.9) | (37.4) | (13.7) | 3.7 | 13.8 | (16.6) | 7.4 |
| 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 | 2,332.3 | 2,137.8 | 1,951.8 | 1,850.2 | 1,592.3 | 1,116.7 | 1,086.4 | 935.3 | 840.7 | 756.0 | 591.0 | 493.1 | 416.6 | 363.3 | 309.4 | 288.6 | 290.3 | 265.1 | 219.8 | 195.3 | 170.5 | 172.3 | 145.5 | 133.9 | 117.9 | 93.2 | 108.4 | 50.5 | 76.4 | 128.4 | 140.6 | 357.9 | 282.4 |
| Gross Profit | 1,027.3 | 876.1 | 786.5 | 722.5 | 664.8 | 520.9 | 495.5 | 423.4 | 386.0 | 341.6 | 271.3 | 228.8 | 188.7 | 163.4 | 138.6 | 125.1 | 126.1 | 107.3 | 82.9 | 73.5 | 60.2 | 62.6 | 56.8 | 48.0 | 40.0 | 37.1 | 57.9 | 25 | 34.6 | 71.5 | 80.6 | 114.5 | 72 |
| Operating Income | 357.7 | 299.5 | 218.5 | 216.2 | 205.8 | 172.9 | 156.4 | 152.5 | 162.8 | 131.3 | 113.9 | 94.8 | 66.4 | 56.6 | 46.5 | 41.6 | 44.8 | 37.1 | 26.8 | 21.9 | 14.0 | 17.1 | 15.5 | 10.7 | 2.3 | (5.4) | 8.8 | 5 | 0.6 | (12.5) | 2.5 | (1.7) | 3.4 |
| Net Income | 315.6 | 263.0 | 165.9 | 164.2 | 161.5 | 194.8 | 146.5 | 147.5 | 163.9 | 109.9 | 64.9 | 58.9 | 39.1 | 33.0 | 27.6 | 25.1 | 27.0 | 14.9 | 17.5 | 14.4 | 8.2 | 10.1 | 26.4 | 8.0 | 0.3 | (24.6) | (2.8) | (8.4) | (3.3) | (61.3) | (17) | (4.7) | (2.3) |
| EPS (Diluted) | 7.20 | 6.05 | 3.88 | 3.87 | 3.82 | 4.69 | 3.65 | 3.68 | 4.32 | 2.92 | 1.77 | 1.66 | 1.13 | 1.00 | 0.83 | 0.71 | 0.74 | 0.38 | 0.42 | 0.34 | 0.19 | 0.23 | 0.58 | 0.12 | 0.01 | -0.54 | -0.07 | -0.25 | -0.16 | -3.09 | -0.86 | -0.23 | -0.13 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 1,015.4 | 744.7 | 165.5 | 173.9 | 309.2 | 603.6 | 232.7 | 134.3 | 185.9 | 36.2 | 9.7 | 1.8 | 12.6 | 10.3 | 13.7 | 5.3 | 8.9 | 2.4 | 1.6 | 8.9 | 15.8 | 3.2 | 2 | 18 | |||||||||
| Total Assets | 5,638.9 | 5,180.0 | 4,676.7 | 4,687.4 | 4,732.2 | 2,607.3 | 2,191.6 | 1,791.0 | 1,589.6 | 1,357.9 | 270.7 | 251.8 | 190.5 | 182.3 | 169.8 | 147.2 | 152.7 | 272.5 | 150.1 | 54.9 | 62.9 | 128.6 | 249.2 | 173.9 | |||||||||
| Total Debt | 676.0 | 638.4 | 696.9 | 1,046.2 | 1,388.2 | 22.2 | 23.2 | 0 | 0 | 10 | 0 | 8 | 0 | 0 | 2.5 | 3.0 | 8.1 | 71.2 | 39.1 | 0 | 0 | 0 | 63.5 | 0 | |||||||||
| Stockholders' Equity | 3,702.8 | 3,388.4 | 2,938.0 | 2,624.4 | 2,324.0 | 1,986.1 | 1,617.1 | 1,324.8 | 1,167.1 | 915.5 | 134.4 | 114.3 | 118.4 | 117.9 | 118.7 | 100.9 | 96.1 | 138.9 | 76.3 | 31.4 | 32 | 93.4 | 110.3 | 118 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 653.5 | 624.6 | 380.4 | 381.5 | 371.8 | 355.1 | 254.7 | 250.2 | 195.8 | 191.9 | 21.2 | 22.2 | 22.5 | 19.8 | 12.7 | (6.4) | 0.7 | 2.1 | (6.8) | 7.3 | 15.9 | (2.6) | 18.3 | ||||||||||
| Capital Expenditure | (16.0) | (20.5) | (53.0) | (50.2) | (55.6) | (28.5) | (42.0) | (27.4) | (43.1) | (37.7) | (1.7) | (2.3) | (1.8) | (9.7) | (4.5) | (4.8) | (6.5) | (39.5) | (6.9) | (3.6) | (2.1) | (14) | (10.9) | ||||||||||
| Free Cash Flow | 637.5 | 604.1 | 327.4 | 331.3 | 316.1 | 326.6 | 212.7 | 222.8 | 152.7 | 154.1 | 19.5 | 19.9 | 20.7 | 10.1 | 8.3 | (11.3) | (5.9) | (37.4) | (13.7) | 3.7 | 13.8 | (16.6) | 7.4 | ||||||||||