UDR, Inc. logo UDR - UDR, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 18
HOLD 17
SELL 3
STRONG
SELL
0
| PRICE TARGET: $39.50 DETAILS
HIGH: $42.00
LOW: $35.00
MEDIAN: $40.00
CONSENSUS: $39.50
UPSIDE: 1.02%
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 1,712.3 1,671.8 1,627.5 1,517.4 1,290.8 1,241.2 1,152.2 1,046.9 995.8 959.9 894.6 818.0 758.9 716.6 623.4 525.1 562.1 590.6 505.9 467.3 642.6 575.0 604.4 596.1 623.2 581.0 620.7 482.1 387.8 243.0 196.9 140.8 32.1 22.4 51.4 44.7 40.2 32.3 25.5 24
Cost of Revenue 1,274.1 1,254.8 1,235.0 1,186.4 1,062.7 1,026.5 863.8 760.5 742.9 721.1 656.6 628.9 598.1 587.2 543.6 350.3 200.9 462.0 183.8 181.3 252.2 241.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 438.2 417.0 392.5 331.0 228.0 214.6 288.4 286.4 252.9 238.8 238.0 189.2 160.8 129.4 79.8 174.7 361.2 128.6 322.1 286.0 390.3 333.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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 115.8 84.3 69.9 64.1 57.5 49.9 51.5 47.0 48.6 49.8 59.7 47.8 42.2 43.8 47.3 130.1 39.0 47.2 39.6 31.2 24.8 19.3 43.2 41.2 45.0 37.1 39.3 29.2 7.1 5.4 4.9 5.0 3.3 2.2 1.9 1.7 1.5 0 0 0
Other Expenses 0 48.1 (312.4) 16.1 (97.5) (84.4) 15.8 (115.3) (23.6) (211.8) 18.7 14.6 1.6 18.3 10.0 160.9 400.7 149.8 360.6 346.7 365.6 289.6 391.4 372.2 389.0 359.2 367.3 299.3 243.9 153.0 123.4 83.5 28.8 20.2 49.5 43 38.7 32.3 25.5 24
Operating Expenses 115.8 132.4 (242.5) 80.2 (39.9) (34.5) 67.3 (68.3) 25.0 (162.0) 78.4 62.4 43.9 62.1 57.3 291.0 439.7 197.0 400.2 377.9 390.4 309.0 434.7 413.4 434.1 396.3 406.6 328.5 251.0 158.4 128.2 88.5 32.1 22.4 51.4 44.7 40.2 32.3 25.5 24
Operating Income
Operating Income 322.4 284.6 635.0 250.8 268.0 249.1 221.1 354.7 227.9 400.8 159.6 126.8 116.9 67.3 22.4 (116.3) (78.5) (68.4) (78.1) (91.9) (0.1) 24.5 169.8 182.7 189.1 184.7 214.1 153.6 136.8 84.6 68.7 52.3 32.7 24.3 81.9 70.5 61 53.3 42.2 38.5
Interest Expense 196.6 208.0 180.9 162.8 186.3 202.7 170.9 134.2 128.7 123.0 121.9 130.5 126.1 138.8 156.4 142.3 136.1 143.0 161.8 179.1 162.8 123.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 19.2 0 17.8 0 15.1 6.3 15.4 6.7 2.0 1.9 1.6 11.9 4.6 3.5 7.8 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
Profitability
EBITDA 1,084.6 1,000.3 1,349.3 935.3 968.5 892.9 882.3 792.1 697.6 654.4 604.7 495.5 469.4 416.7 398.1 330.1 322.5 347.3 421.2 334.1 377.9 331.8 336.4 346.0 355.3 345.8 340.3 272.4 215.6 133.3 108.7 77.1 53.1 40.3 95 81.1 70 53.3 42.2 38.5
EBIT 404.6 304.8 657.5 255.8 348.7 274.2 374.3 356.4 261.1 228.8 223.5 131.6 121.1 62.2 23.9 21.8 38.9 90.4 160.2 87.2 162.7 147.7 169.8 182.7 200.0 188.4 214.1 169.2 136.8 84.6 68.7 47.5 32.7 24.3 81.9 70.5 61 53.3 42.2 38.5
Income Before Tax 404.6 96.8 476.6 92.9 162.4 71.5 203.4 86.0 89.0 105.8 101.6 1.2 (5.0) (73.3) (117.3) (20.7) (94.4) (3.6) 221.3 128.6 155.2 97.2 70.4 53.2 203.0 0 0 0 149.5 0 0 0 0 0 7.1 7.8 8 0 0 0
Income Tax Expense 0.8 0.9 2.1 0.3 1.4 2.5 3.8 0.7 (0.2) (3.8) (3.9) (15.1) (7.3) (30.3) (5.6) 147.3 (0.3) (9.7) (142.9) 26.3 25.6 91.2 151.0 129.5 138.1 128.1 120.5 81.2 66.7 46.6 41.5 28.4 21.5 17.9 3.5 2.8 2.4 (1.9) (1) (1.1)
Net Income 377.7 89.6 444.4 86.9 150.0 64.3 185.0 203.1 121.6 292.7 340.4 154.3 44.8 212.2 20.0 (102.9) (87.5) 697.8 221.3 128.6 155.2 97.2 70.4 53.2 61.8 76.6 93.6 72.3 70.1 38.0 33.1 19.1 11.2 6.4 3.6 4.9 5.5 1.9 1 1.1
Per Share Data
EPS (Basic) 1.13 0.26 1.34 0.26 0.49 0.20 0.63 0.76 0.44 1.09 1.30 0.60 0.16 0.85 0.05 -0.62 -0.59 5.08 1.41 0.85 1.03 0.56 0.22 0.24 0.27 0.41 0.54 0.49 0.61 0.49 0.50 0.41 0.29 0.18 0.15 0.21 0.28 0.13 0.09 0.13
EPS (Diluted) 1.13 0.26 1.34 0.26 0.48 0.20 0.63 0.75 0.44 1.08 1.29 0.59 0.16 0.85 0.05 -0.62 -0.59 5.08 1.41 0.85 1.03 0.56 0.21 0.24 0.27 0.41 0.54 0.49 0.60 0.49 0.50 0.41 0.29 0.18 0.15 0.21 0.28 0.13 0.09 0.13
Shares Outstanding 330.3 329.3 328.8 321.7 300.3 294.5 285.2 268.2 267.0 265.4 258.7 251.5 250.0 237.5 201.3 165.9 149.1 141.0 145.1 133.7 136.1 128.1 114.7 106.1 100.3 103.1 103.6 100.0 87.1 57.5 52.8 46.2 38.6 35.6 24 23.3 19.6 14.6 11.1 8.5
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 36.9 1.3 2.9 1.2 1.0 1.4 8.1 185.2 2.0 2.1 6.7 15.2 30.2 12.1 12.5 9.5 6.0 12.7 3.2 2.1 15.5 7.9 4.8 14.9 31.5 55.2 64.6 76.9 17.6 13.5 2.9 7.3 0 0 0 0 0 0 0 0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3.9 37.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 150.0 247.8 228.8 54.7 26.9 158.0 153.7 42.3 19.5 19.8 16.7 14.4 83.0 64.0 0 7.8 7.8 207.4 12.7 10.5 64.8 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 69.8 0 588.6 342.3 124.1 177.6 466.0 489.8 246.2 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 (35.7) 34.1 31.9 29.0 27.5 22.8 (44.6) 23.7 19.8 20.0 20.8 22.3 22.8 23.6 24.6 42.7 35.5 36.9 39.0 40.3 35.6 31.2 (4.8) (14.9) (31.5) (55.2) (64.6) (76.9) (17.6) (13.5) (2.9) (7.3) 0 0 0 0 0 0 0 0
Total Current Assets 151.2 283.3 263.7 84.9 55.3 182.2 186.9 251.2 629.9 384.2 168.3 229.6 602.1 589.5 283.4 63.9 86.9 257.1 54.9 52.9 116.0 44.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Non-Current Assets
Property, Plant & Equipment 187.6 187.0 190.6 194.1 197.5 200.9 204.2 0 0 0 0 0 0 0 6,242.7 5,243.0 4,963.8 4,753.1 4,584.7 4,566.4 4,388.6 4,235.4 3,454.9 3,218.8 3,261.3 3,326.9 3,557.2 3,636.1 2,272.0 1,911.7 1,052.7 887.3 490.8 382.3 305.4 251 218.1 0 0 0
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 2.3 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
Long-Term Investments 0 917.5 952.9 754.4 702.5 600.2 588.3 780.9 720.8 827.0 938.9 718.2 507.7 507.0 213.0 148.1 14.1 47.0 104.5 0 0 0.5 1.7 0 3.4 8.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 0 9,507.6 9,966.0 10,005.0 9,820.0 8,654.2 8,657.0 6,679.7 6,382.5 6,468.4 6,556.6 5,880.9 5,698.0 5,792.0 (17.8) 74.6 67.8 86.6 113.3 50.7 37.0 35.0 (3,456.6) (3,218.8) (3,264.7) (3,335.0) (3,557.2) (3,636.1) (2,272.0) (1,911.7) (1,052.7) (887.3) (490.8) (382.3) (305.4) (251) (218.1) 0 0 0
Total Non-Current Assets 187.6 10,614.3 11,109.6 10,953.6 10,719.9 9,455.4 9,449.5 7,460.6 7,103.3 7,295.4 7,495.5 6,599.2 6,205.6 6,269.6 6,438.0 5,465.7 5,045.7 4,886.7 4,746.3 4,623.0 4,425.6 4,287.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Assets 10,605.7 10,897.6 11,373.2 11,038.5 10,775.2 9,637.5 9,636.5 7,711.7 7,733.3 7,679.6 7,663.8 6,846.5 6,807.7 6,888.5 6,721.4 5,529.5 5,132.6 5,144.3 4,801.1 4,675.9 4,541.6 4,332.0 3,543.6 3,276.1 3,348.1 3,454.0 3,688.3 3,755.4 2,313.7 1,966.9 1,080.6 911.9 505.8 390.4 314.5 259.5 231.5 192 161.3 146.8
Current Liabilities
Account Payables 0 115.1 141.3 153.2 137.0 111.0 90.0 76.3 103.0 103.8 81.4 91.3 118.7 104.6 95.5 105.9 80.7 71.4 52.1 52.9 53.2 49.8 55.1 84.8 100.1 83.3 105.0 105.4 50.6 24.6 0 9.9 0 0 0 0 0 0 0 0
Short-Term Debt 801.7 299.3 412.7 328.0 249.5 218.0 316.6 101.1 321.8 21.4 150 152.5 0 76 421 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 95 48 20.5 0 0 0
Deferred Revenue 0 61.6 50.5 52.0 55.4 49.0 48.4 35.1 31.9 34.2 36.3 34.1 27.2 25.0 35.5 28.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities (756.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 28.8 58.9 28.7 0 0 0 (98.9) (126.4) (145.0) (131.9) (153.8) (155.2) (87.2) (37.8) (21.2) (22.6) (6.1) (3.6) (95) (48) (20.5) 0 0 0
Total Current Liabilities 45.6 726.7 848.9 751.8 645.7 568.5 639.0 369.6 599.9 293.0 396.0 397.5 253.9 308.5 639.6 206.9 176.5 355.2 166.8 146.2 147.6 141.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Non-Current Liabilities
Long-Term Debt 5,202.7 5,527.7 5,386.0 5,159.3 5,163.2 4,758.5 4,390.9 3,446.7 3,349.9 3,380.1 3,420.8 3,412.8 3,523.7 3,333.3 3,497.4 3,567.5 3,426.6 3,261.1 3,502.7 3,338.8 3,159.8 2,880.0 2,132.0 2,057.6 2,064.2 1,992.3 2,127.3 2,117.7 1,156.2 1,044.8 530.3 526.7 229.4 181.1 73.4 84.7 76.2 73.4 72 84.8
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 0 0
Other Non-Current Liabilities 1,025.6 0 0 0 0 0 0 0 0 0 0 0 0 (29.4) 0 26.0 31.8 0 50.2 46.8 42.7 31.4 (2,132.0) (2,057.6) (2,064.2) (1,992.3) (2,127.3) (2,117.7) (1,156.2) (1,044.8) (530.3) (526.7) (229.4) (181.1) (73.4) (84.7) (76.2) (73.4) (72) (84.8)
Total Non-Current Liabilities 6,411.3 5,710.0 5,571.9 5,348.5 5,355.7 4,954.1 4,589.5 3,446.7 3,349.9 3,380.1 3,420.8 3,412.8 3,523.7 3,333.3 3,526.5 3,593.6 3,458.4 3,261.1 3,552.8 3,385.6 3,202.5 2,911.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Liabilities 6,456.9 6,436.7 6,420.8 6,100.3 6,001.5 5,522.6 5,228.5 3,816.2 3,949.8 3,673.1 3,816.8 3,828.1 3,777.6 3,671.3 4,166.1 3,800.5 3,634.9 3,496.2 3,719.7 3,531.8 3,350.1 3,053.0 2,286.0 2,205.6 2,229.7 2,146.7 2,283.9 2,265.8 1,240.7 1,044.8 305.3 554.9 229.4 181.1 178.3 141.3 103.7 73.4 72 84.8
Stockholders' Equity
Common Stock 46.5 3.3 3.3 3.3 3.2 3.0 2.9 2.8 2.7 2.7 2.6 2.6 2.5 2.5 2.2 1.8 1.6 1.4 1.4 1.4 1.3 0 127.3 106.6 103.1 102.2 102.7 103.6 89.2 82.0 56.4 50.4 0 0 0 0 0 0 0 0
Retained Earnings (4,240.3) (4,179.4) (3,554.9) (3,451.6) (3,485.1) (2,685.8) (2,462.1) (2,064.0) (1,871.6) (1,585.8) (1,584.5) (1,528.9) (1,342.1) (1,143.8) (1,142.9) (973.9) (687.2) (448.7) (917.1) (810.9) (755.7) (731.8) (651.5) (541.4) (448.3) (366.5) (296.0) (242.3) (183.3) (147.5) (120.3) (98.2) (79.8) (63) (46.1) (33.8) (24.2) (17.5) (10.7) (5.7)
Accumulated Other Comprehensive Income 1.7 3.6 4.9 8.3 (4.3) (9.1) (10.4) (0.1) (2.7) (5.6) (12.7) (8.9) (5.1) (11.3) (13.9) (3.5) 0.0 (12.7) (1,371.8) (1,253.7) (1,123.8) 0 (1.9) (10.0) (14.9) 0 0 0 0 0 0.4 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 3,288.5 3,443.2 3,991.1 4,098.1 3,442.9 3,234.2 3,358.5 2,905.6 2,825.8 3,093.1 2,899.8 2,735.1 2,811.6 2,992.9 2,314.1 1,606.3 1,395.4 1,588.6 1,019.4 1,055.3 1,107.7 1,195.5 1,163.4 1,001.3 1,042.7 1,218.9 1,310.2 1,374.1 1,058.4 850.4 516.4 357.0 260 197.7 136.2 118.2 127.8 79.9 50.8 55.8
Total Liabilities & Equity 10,605.7 10,897.6 11,373.2 11,038.5 10,775.2 9,637.5 9,636.5 7,711.7 7,733.3 7,679.6 7,663.8 6,846.5 6,807.7 6,888.5 6,721.4 5,529.5 5,132.6 5,144.3 4,801.1 4,675.9 4,541.6 4,332.0 3,543.6 3,276.1 3,348.1 3,454.0 3,688.3 3,755.4 2,313.7 1,966.9 1,080.6 911.9 505.8 390.4 314.5 259.5 231.5 192 161.3 146.8
Debt Metrics
Total Debt 6,187.3 6,009.2 5,984.5 5,676.5 5,605.3 5,172.1 4,906.1 3,547.8 3,671.7 3,401.5 3,570.8 3,565.3 3,523.7 3,409.3 3,918.4 3,567.5 3,426.6 3,261.1 3,502.7 3,338.8 3,159.8 2,880.0 2,132.0 2,057.6 2,064.2 1,992.3 2,127.3 2,117.7 1,156.2 1,044.8 530.3 526.7 229.4 181.1 168.4 132.7 96.7 73.4 72 84.8
Net Debt 6,150.4 6,007.9 5,981.6 5,675.3 5,604.3 5,170.7 4,898.0 3,362.6 3,669.6 3,399.4 3,564.1 3,550.1 3,493.5 3,397.2 3,905.9 3,558.0 3,420.6 3,248.4 3,499.5 3,336.6 3,144.2 2,872.1 2,127.2 2,042.7 2,032.7 1,937.1 2,062.7 2,040.9 1,138.6 1,031.4 527.4 519.4 229.4 181.1 168.4 132.7 96.7 73.4 72 84.8
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 403.7 95.9 474.5 92.6 161.0 69.0 199.6 221.5 132.7 320.4 357.2 159.8 46.3 220.3 20.6 (106.6) (91.6) 743.9 221.3 128.6 155.2 97.2 70.4 90.2 65.3 75.8 92.7 72.5 70.2 38.0 33.1 19.3 11.2 6.6 3.6 5 5.6
Depreciation & Amortization 680.0 695.5 691.8 679.6 619.8 618.6 507.9 435.7 436.5 425.6 381.3 363.9 346.3 354.5 374.3 308.3 283.6 256.9 261.0 246.9 215.2 184.1 166.6 163.3 155.3 157.4 126.2 103.2 78.8 48.7 40.0 29.6 20.4 16 13.1 10.6 9
Stock-Based Compensation 26.5 32.6 32.9 27.5 22.1 19.6 24.3 14.2 12.9 13.4 18.0 14.0 9.5 8.7 9.8 0 7.6 7.0 6.4 0 2.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (22.3) (35.9) (36.4) (3.3) (22.0) (46.8) (3.1) 11.1 (13.0) (25.1) (13.6) (6.7) (31.8) (5.3) (53.2) (10.0) 3.8 (28.7) (7.7) (3.8) 17.5 8.4 4.0 (2.5) 17.9 15.5 (11.7) (7.3) (1.8) 7.3 (3.4) 5.3 7 2 (1) 0.6 (1.2)
Other Non-Cash Items (185.1) 88.8 (330.2) 23.8 (116.9) (56.1) (98.0) (121.9) (49.8) (177.6) (279.7) (118.6) (25.0) (208.5) (97.1) 20.5 33.7 (792.3) (201.4) (135.9) (139.7) (37.9) (6.1) (24.3) (14.2) (24.5) (7.8) (23.1) (9.3) (2.7) (3.4) 0.3 (4) 0.5 0.9 (0.7) (1.1)
Operating Cash Flow 902.9 876.8 832.7 820.1 664.0 604.3 630.7 560.7 519.2 536.9 431.6 392.4 339.9 317.3 244.2 214.2 229.4 179.8 250.6 229.6 248.2 251.7 234.9 226.7 224.4 224.2 190.9 145.3 137.9 90.1 66.4 54.5 34.6 25.1 16.6 15.5 12.3
Investing Activities
Capital Expenditure (288.9) (271.7) (312.3) (236.0) (166.5) (174.1) (184.3) (117.2) (126.1) (96.3) (117.4) (102.2) (69.2) (152.8) (1,192.5) (518.0) (303.4) (1,243.1) (736.4) (686.6) (622.4) (859.1) (383.4) (655.3) (203.3) (216.5) (461.9) (634.5) (747.3) (71.5) (71.2) (712.6) (128.9) (81.9) (67.3) (36.8) (37.9)
Acquisitions (83.0) (49.3) (72.4) (201.4) (112.3) (77.6) (105.2) (113.0) (123.8) (40.2) (217.6) (222.9) (43.3) (283.4) (104.3) (127.1) 0 0 0 0 0 (756.0) (314.7) (282.6) (74.4) (4.6) 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 (102.8) (127.1) (55.9) (16.0) (38.7) (9.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (8.9)
Sales/Maturities of Investments 0 4.6 14.5 0 0 0 0 0 0 0 0 0 0 0 9.8 39.5 0 18.8 4 553.3 385.9 265.7 93.6 284.8 109.7 160.3 236.7 155.5 77.3 33.8 0 0 0.1 0 0 1 11.9
Other Investing Activities 221.0 40.0 81.1 (492.1) (993.4) (209.1) (1,397.1) 116.7 (157.5) 23.6 69.6 26.5 81.4 224.6 230.4 70.6 109.6 1,396.8 482.0 (226.0) (141.8) 669.4 245.3 238.1 (25.0) (7.9) (81.0) (164.6) (98.9) (48.9) (148.3) (12.9) (2) 0 0 0 0.1
Investing Cash Flow (151.0) (276.4) (289.1) (929.5) (1,272.3) (460.8) (1,686.7) (113.5) (407.4) (112.3) (238.4) (293.7) (123.2) (209.4) (1,053.2) (583.8) (158.0) 302.3 (71.4) (150.0) (219.0) (596.0) (304.2) (65.1) (64.1) 103.8 (34.3) (296.4) (345.7) (161.6) (183.9) (359.6) (130.8) (81.9) (67.3) (35.8) (34.8)
Financing Activities
Net Debt Issuance (6.2) 29.9 83.4 77.3 242.0 296.0 615.5 (119.9) 272.2 (249.0) (95.1) 63.5 54.9 (540.2) 119.6 43.5 39.7 16.7 110.0 121.1 253.7 429.1 61.9 (53.4) 77.5 (101.9) 5.1 208.7 (2.8) (76.1) (0.6) 202.8 48.3 (1.3) 49.1 26.2 (8.1)
Stock Repurchased (117.8) 0 (25.0) (49.0) 0 (19.8) 0 (20.0) 0 0 0 0 0 0 (3.6) 0 (22.3) (160.9) (217.6) 0 (73.2) 0 (0.1) (16.5) (151.2) (28.4) (43.6) (3.5) 0 0 0 0 0 0 0 0 0
Dividends Paid (572.7) (563.3) (544.6) (488.0) (438.0) (423.6) (387.1) (346.1) (331.5) (312.6) (286.9) (259.8) (235.5) (214.4) (159.8) (130.2) (155.8) (179.4) (189.2) (182.2) (178.4) (167.7) (155.7) (144.5) (142.8) (147.0) (144.6) (125.7) (102.0) (63.7) (50.4) (35) (26.5) (21.8) (15.1) (14.4) (11)
Other Financing Activities (53.7) (66.5) (52.6) (58.6) (90.5) (107.4) 125.6 (73.9) (52.5) (40.8) (29.7) (17.2) (17.9) (23.9) (24.0) (12.6) (7.3) 139.5 (16.3) (37.3) (27.9) (22.0) (14.9) (8.9) (15.9) (55.7) (52.7) 9.5 53.8 206.8 (17.0) 23.4 (0.1) 1.4 1.4 1.9 1
Financing Cash Flow (750.4) (599.9) (538.9) 111.2 612.5 (152.6) 880.4 (260.1) (111.8) (429.3) (201.6) (113.7) (198.6) (108.3) 812.0 373.1 (78.1) (472.5) (178.1) (93.0) (21.5) 347.3 70.9 (163.1) (166.0) (325.3) (175.0) 169.2 194.8 82.1 113.1 306.6 100.8 56.8 50.8 12.8 29.6
Cash Position
Net Change in Cash 1.5 0.6 4.7 1.8 4.2 (9.1) (175.6) 187.1 (0.1) (4.6) (8.5) (15.0) 18.1 (0.4) 3.0 3.5 (6.8) 9.5 1.1 (13.4) 7.6 3.1 1.7 (1.5) (5.7) 2.6 (18.4) 18.1 (13.0) 10.5 (4.4) 1.5 100.8 0 50.8 12.8 29.6
Cash at Beginning 35.4 34.9 30.2 28.4 24.2 33.3 208.9 21.8 2.1 6.7 15.2 30.2 12.1 12.5 9.5 6.0 12.7 3.2 2.1 15.5 7.9 4.8 3.2 4.6 10.3 7.7 26.1 0.5 13.5 2.9 7.3 5.8 1.1 1.1 1 8.4 1.3
Cash at End 36.9 35.4 34.9 30.2 28.4 24.2 33.3 208.9 2.0 2.1 6.7 15.2 30.2 12.1 12.5 9.5 6.0 12.7 3.2 2.1 15.5 7.9 4.8 3.2 4.6 10.3 7.7 18.5 0.5 13.5 2.9 7.3 101.9 1.1 51.8 21.2 30.9
Free Cash Flow 613.9 605.2 520.3 584.1 497.4 430.2 446.4 443.5 393.0 440.6 314.2 290.2 270.7 164.5 (948.2) (303.9) (74.0) (1,063.3) (485.9) (457.0) (374.2) (607.3) (148.4) (428.6) 21.1 7.7 (271.0) (489.1) (609.4) 18.5 (4.8) (658.1) (94.3) (56.8) (50.7) (21.3) (25.6)
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 1,712.3 1,671.8 1,627.5 1,517.4 1,290.8 1,241.2 1,152.2 1,046.9 995.8 959.9 894.6 818.0 758.9 716.6 623.4 525.1 562.1 590.6 505.9 467.3 642.6 575.0 604.4 596.1 623.2 581.0 620.7 482.1 387.8 243.0 196.9 140.8 32.1 22.4 51.4 44.7 40.2 32.3 25.5 24
Gross Profit 438.2 417.0 392.5 331.0 228.0 214.6 288.4 286.4 252.9 238.8 238.0 189.2 160.8 129.4 79.8 174.7 361.2 128.6 322.1 286.0 390.3 333.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income 322.4 284.6 635.0 250.8 268.0 249.1 221.1 354.7 227.9 400.8 159.6 126.8 116.9 67.3 22.4 (116.3) (78.5) (68.4) (78.1) (91.9) (0.1) 24.5 169.8 182.7 189.1 184.7 214.1 153.6 136.8 84.6 68.7 52.3 32.7 24.3 81.9 70.5 61 53.3 42.2 38.5
Net Income 377.7 89.6 444.4 86.9 150.0 64.3 185.0 203.1 121.6 292.7 340.4 154.3 44.8 212.2 20.0 (102.9) (87.5) 697.8 221.3 128.6 155.2 97.2 70.4 53.2 61.8 76.6 93.6 72.3 70.1 38.0 33.1 19.1 11.2 6.4 3.6 4.9 5.5 1.9 1 1.1
EPS (Diluted) 1.13 0.26 1.34 0.26 0.48 0.20 0.63 0.75 0.44 1.08 1.29 0.59 0.16 0.85 0.05 -0.62 -0.59 5.08 1.41 0.85 1.03 0.56 0.21 0.24 0.27 0.41 0.54 0.49 0.60 0.49 0.50 0.41 0.29 0.18 0.15 0.21 0.28 0.13 0.09 0.13
Balance Sheet
Cash & Equivalents 36.9 1.3 2.9 1.2 1.0 1.4 8.1 185.2 2.0 2.1 6.7 15.2 30.2 12.1 12.5 9.5 6.0 12.7 3.2 2.1 15.5 7.9 4.8 14.9 31.5 55.2 64.6 76.9 17.6 13.5 2.9 7.3 0 0 0 0 0 0 0 0
Total Assets 10,605.7 10,897.6 11,373.2 11,038.5 10,775.2 9,637.5 9,636.5 7,711.7 7,733.3 7,679.6 7,663.8 6,846.5 6,807.7 6,888.5 6,721.4 5,529.5 5,132.6 5,144.3 4,801.1 4,675.9 4,541.6 4,332.0 3,543.6 3,276.1 3,348.1 3,454.0 3,688.3 3,755.4 2,313.7 1,966.9 1,080.6 911.9 505.8 390.4 314.5 259.5 231.5 192 161.3 146.8
Total Debt 6,187.3 6,009.2 5,984.5 5,676.5 5,605.3 5,172.1 4,906.1 3,547.8 3,671.7 3,401.5 3,570.8 3,565.3 3,523.7 3,409.3 3,918.4 3,567.5 3,426.6 3,261.1 3,502.7 3,338.8 3,159.8 2,880.0 2,132.0 2,057.6 2,064.2 1,992.3 2,127.3 2,117.7 1,156.2 1,044.8 530.3 526.7 229.4 181.1 168.4 132.7 96.7 73.4 72 84.8
Stockholders' Equity 3,288.5 3,443.2 3,991.1 4,098.1 3,442.9 3,234.2 3,358.5 2,905.6 2,825.8 3,093.1 2,899.8 2,735.1 2,811.6 2,992.9 2,314.1 1,606.3 1,395.4 1,588.6 1,019.4 1,055.3 1,107.7 1,195.5 1,163.4 1,001.3 1,042.7 1,218.9 1,310.2 1,374.1 1,058.4 850.4 516.4 357.0 260 197.7 136.2 118.2 127.8 79.9 50.8 55.8
Cash Flow
Operating Cash Flow 902.9 876.8 832.7 820.1 664.0 604.3 630.7 560.7 519.2 536.9 431.6 392.4 339.9 317.3 244.2 214.2 229.4 179.8 250.6 229.6 248.2 251.7 234.9 226.7 224.4 224.2 190.9 145.3 137.9 90.1 66.4 54.5 34.6 25.1 16.6 15.5 12.3
Capital Expenditure (288.9) (271.7) (312.3) (236.0) (166.5) (174.1) (184.3) (117.2) (126.1) (96.3) (117.4) (102.2) (69.2) (152.8) (1,192.5) (518.0) (303.4) (1,243.1) (736.4) (686.6) (622.4) (859.1) (383.4) (655.3) (203.3) (216.5) (461.9) (634.5) (747.3) (71.5) (71.2) (712.6) (128.9) (81.9) (67.3) (36.8) (37.9)
Free Cash Flow 613.9 605.2 520.3 584.1 497.4 430.2 446.4 443.5 393.0 440.6 314.2 290.2 270.7 164.5 (948.2) (303.9) (74.0) (1,063.3) (485.9) (457.0) (374.2) (607.3) (148.4) (428.6) 21.1 7.7 (271.0) (489.1) (609.4) 18.5 (4.8) (658.1) (94.3) (56.8) (50.7) (21.3) (25.6)