Veritex Holdings, Inc. logo VBTX - Veritex Holdings, Inc.

Inactive Ticker VBTX is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 6
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $30.33 DETAILS
HIGH: $33.00
LOW: $28.00
MEDIAN: $30.00
CONSENSUS: $30.33
UPSIDE: 0.23%
Metric 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1
Revenue
Revenue 188.6 188.0 194.8 209.8 201.5 191.2 199.2 196.9 195.7 184.7 172.0 137.3 103.0 95.1 99.8 90.9 88.6 89.8 87.1 87.2 100.6 94.2 98.9 104.1 102.2 103.7 41.8 40.3 37.1 36.9 32.2 24.3 16.1 14.6 14.1 13.9 12.9 12.2 11.2 10.6 8.4 8.4 8.3 8.1 7.5 7.0 6.9 6.5 5.3 5.0
Cost of Revenue 80.5 83.6 90.5 100.6 103.3 97.7 100.1 95.5 95.6 77.1 57.4 29.7 18.1 7.3 3.8 8.1 9.6 9.4 12.2 21.7 32.6 55.2 25.4 34.4 28.1 27.3 10.9 11.7 8.4 5.7 6.7 3.9 2.9 2.7 2.2 1.8 1.8 1.9 1.6 0.9 0.9 0.9 1.1 1.2 1.1 1.0 1.1 1.0 (0.5) (0.5)
Gross Profit 108.1 104.4 104.3 109.2 98.6 93.5 99.2 101.5 100.2 107.6 114.6 107.6 84.9 87.8 96.0 82.4 79.6 79.8 74.9 65.5 68.1 39.0 73.5 69.6 74.1 76.4 30.9 28.6 28.7 31.2 25.5 20.4 13.2 11.9 11.9 12.2 11.1 10.2 9.6 9.7 7.5 7.5 7.2 6.9 6.3 6.0 5.7 5.5 5.9 5.5
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 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 37.6 38.7 40.3 40.2 34.8 34.9 32.6 33.3 31.3 33.6 35.5 31.6 29.2 28.7 26.8 24.1 25.3 23.8 21.0 21.6 20.6 20.0 19.9 18.2 18.4 19.5 8.8 7.7 8.1 8.4 7.9 6.8 4.3 4.4 4.1 4.4 3.9 3.5 3.4 3.3 2.8 3.0 2.7 3.0 2.7 2.9 2.6 2.4 3.4 3.4
Other Expenses 29.6 28.2 30.9 29.9 28.4 27.2 57.1 26.2 25.4 24.5 27.2 20.5 18.0 17.5 17.0 12.7 16.4 15.8 26.4 14.8 19.5 15.6 16.4 16.4 21.5 47.5 8.7 10.5 8.1 8.9 7.2 5.8 3.5 3.0 2.9 2.6 2.4 2.5 2.4 2.5 1.9 2.1 2.0 1.8 1.8 1.7 1.6 1.6 0 0
Operating Expenses 67.2 66.8 71.2 70.1 63.1 62.1 89.7 59.5 56.7 58.1 62.8 52.0 47.2 46.2 43.8 36.8 41.7 39.6 47.4 36.4 40.1 35.5 36.3 34.6 39.9 67.0 17.5 18.2 16.2 17.3 15.0 12.5 7.8 7.5 7.1 7.0 6.3 6.0 5.7 5.8 4.7 5.1 4.7 4.8 4.5 4.5 4.2 4.0 4.0 4.1
Operating Income
Operating Income 39.4 37.6 33.1 39.1 35.4 31.4 9.5 41.9 43.5 49.4 51.8 55.6 37.7 41.6 52.2 46.0 37.3 40.8 27.5 29.1 28.0 3.5 37.2 35 34.2 9.4 13.4 10.4 12.5 13.9 10.5 7.8 5.4 4.4 4.8 5.1 4.8 4.2 3.9 3.8 2.8 2.4 2.5 2.1 1.9 1.5 1.5 1.4 1.5 1.2
Interest Expense 78.8 78.3 88.6 96.6 95.0 91.8 92.1 87.8 81.7 66.2 46.1 22.2 9.1 7.3 8.2 8.5 9.1 10.0 11.3 11.6 13.6 19.6 21.9 24.8 24.7 22.3 9.5 8.6 6.9 5.0 4.1 3.1 1.9 1.8 1.8 1.5 1.2 1.1 1.0 0.9 0.8 0.8 0.8 0.7 0.7 0.7 0.6 0.6 0.6 0.6
Interest Income 175.1 173.7 184.7 196.7 191.2 184.6 187.6 187.1 182.5 169.6 152.2 123.2 93.6 80.4 84.9 79.8 76.2 75.6 78.1 77.4 79.3 87.0 91.7 95.6 96.2 95.2 37.8 37.8 34.6 34.1 29.9 22.3 14.3 13.1 12.3 12.1 11.5 10.8 10.0 9.5 7.8 7.6 7.6 7.4 6.8 6.4 6.3 6.0 0 0
Profitability
EBITDA 44.1 42.3 38.6 43.7 39.8 36.5 14.1 46.8 48.7 54.2 56.5 60.2 42.7 46.0 56.0 50.6 40.9 44.5 31.4 33.2 31.8 7.5 40.8 39.4 38.1 13.4 15.1 12.0 14.3 15.9 11.7 8.5 5.8 4.9 5.3 5.5 5.2 4.6 4.3 4.2 3.1 2.8 2.8 2.4 2.2 1.8 1.8 1.8 (0.2) (0.3)
EBIT 39.4 37.6 33.1 39.1 35.4 31.4 9.5 41.9 43.5 49.4 51.8 55.6 37.7 41.6 52.2 46.0 37.3 40.8 27.5 29.1 28.0 3.5 37.2 35 34.1 9.4 13.4 10.4 12.5 13.9 10.5 7.8 5.4 4.4 4.8 5.1 4.8 4.2 3.9 3.8 2.8 2.4 2.5 2.1 1.9 1.5 1.5 1.4 1.9 1.5
Income Before Tax 39.4 37.6 33.1 39.1 35.4 31.4 9.5 41.9 43.5 49.4 51.8 55.6 37.7 41.6 52.2 46.0 37.3 40.8 27.5 29.1 28.0 3.5 37.2 35 34.2 9.4 13.4 10.4 12.5 13.9 10.5 7.8 5.4 4.4 4.9 5.1 4.8 4.2 3.9 3.8 2.8 2.4 2.5 2.1 1.9 1.5 1.5 1.4 1.3 0.9
Income Tax Expense 8.5 8.5 8.2 8.1 8.2 7.2 6.0 9.3 9.7 11.0 11.9 12.2 8.1 8.1 10.7 9.2 7.8 9.0 4.7 6.2 4.0 (0.7) 8.2 7.6 7.4 2.0 3.6 1.4 2.4 3.5 7.2 2.6 1.8 1.4 1.6 1.8 1.6 1.4 1.3 1.3 0.9 0.6 0.8 0.7 0.7 0.5 0.5 0.5 0.5 0.3
Net Income 30.9 29.1 24.9 31.0 27.2 24.2 3.5 32.6 33.7 38.4 39.9 43.3 29.6 33.5 41.5 36.8 29.5 31.8 22.8 22.9 24.0 4.1 29.1 27.4 26.9 7.4 9.8 8.9 10.2 10.4 3.3 5.2 3.6 3.1 3.2 3.4 3.2 2.8 2.6 2.5 1.9 1.8 1.7 1.4 1.2 1.0 1.0 1.0 0.8 0.6
Per Share Data
EPS (Basic) 0.57 0.53 0.46 0.57 0.50 0.44 0.06 0.60 0.62 0.71 0.74 0.80 0.55 0.66 0.84 0.75 0.60 0.64 0.46 0.46 0.48 0.08 0.56 0.52 0.50 0.14 0.41 0.37 0.42 0.43 0.14 0.26 0.24 0.20 0.28 0.32 0.30 0.26 0.24 0.24 0.19 0.19 0.18 0.15 0.13 0.10 0.11 0.11 0.14 0.10
EPS (Diluted) 0.56 0.53 0.45 0.56 0.50 0.44 0.06 0.60 0.62 0.70 0.73 0.79 0.54 0.65 0.82 0.73 0.59 0.64 0.46 0.46 0.48 0.08 0.56 0.51 0.49 0.13 0.40 0.36 0.42 0.42 0.14 0.25 0.23 0.20 0.27 0.31 0.29 0.26 0.23 0.23 0.19 0.19 0.18 0.15 0.13 0.10 0.11 0.11 0.09 0.07
Shares Outstanding 54.4 54.5 54.5 54.4 54.5 54.4 54.3 54.3 54.2 54.1 54.0 54.0 53.9 50.7 49.3 49.4 49.5 49.4 49.6 49.6 49.6 50.7 51.5 52.9 54.0 54.3 24.2 24.2 24.1 24.1 23.1 20.0 15.2 15.2 11.3 10.7 10.7 10.7 10.7 10.7 9.4 9.4 9.3 9.1 9.1 9.1 9.1 9.1 5.9 6.0
Metric 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3
Current Assets
Cash & Cash Equivalents 66.7 849.8 855.2 1,100.8 651.8 740.8 629.1 713.4 663.9 808.4 436.1 433.9 410.7 551.6 379.8 229.7 390.0 468.0 230.8 128.8 160.3 430.8 251.6 252.6 265.8 339.5 84.4 261.8 146.7 195.2 149.0 151.4 173.1 285.7 234.8 178.6 127.2 92.4 71.6 123.5
Short-Term Investments 0 989.2 1,017.6 1,243.2 1,172.1 1,166.3 818.9 879.1 961.0 966.1 1,096.3 1,114.9 1,170.0 1,063.2 993.1 1,048.5 1,077.2 1,044.0 1,024.3 1,060.5 1,080.1 1,085.0 964.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 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 8.8 8.3 8.1 7.1 7.7 6.4 3.3 2.8 2.9 2.4 2.3 2.3 2.2 2.1
Inventory 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 Current Assets 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
Total Current Assets 66.7 1,839.0 1,872.8 2,344.0 1,824.0 1,907.0 1,448.0 1,592.5 1,625.0 1,774.5 1,532.4 1,548.8 1,580.7 1,614.8 1,372.8 1,278.2 1,467.3 1,512.0 1,255.2 1,189.2 1,240.4 1,515.8 1,215.9 252.6 265.8 339.5 93.3 270.1 154.9 202.3 156.7 157.8 176.5 288.6 237.7 181.0 129.5 94.6 73.8 125.6
Non-Current Assets
Property, Plant & Equipment 116.6 112.8 113.5 114.2 105.2 105.3 105.7 106.1 106.0 107.5 108.8 108.7 108.8 109.1 109.3 116.1 123.5 114.6 115.1 115.8 115.6 116.1 118.5 118.4 115.4 119.4 78.4 77.3 76.3 76.0 75.3 40.1 18.0 17.5 17.4 17.5 17.2 17.2 17.4 17.6
Goodwill 404.5 404.5 404.5 404.5 404.5 404.5 404.5 404.5 404.5 404.5 404.5 404.5 404.5 404.5 403.8 370.8 370.8 370.8 370.8 370.8 370.8 370.8 370.7 370.5 370.2 368.3 161.4 161.4 161.4 161.7 159.5 135.8 26.9 26.9 26.9 26.9 26.9 26.9 26.8 26.0
Intangible Assets 25.0 28.0 28.7 32.8 35.8 38.7 41.8 44.3 48.3 51.1 53.2 56.2 59.0 64.0 66.0 54.7 57.1 59.2 61.7 64.7 66.7 69.4 72.3 75.4 78.3 81.2 15.9 16.6 17.5 18.4 20.4 10.5 2.2 2.2 2.2 2.3 2.3 2.3 2.4 2.5
Long-Term Investments 9,892.6 9,853.3 9,966.2 9,794.3 9,920.8 9,853.2 10,014.2 9,763.0 9,826.0 9,825.2 9,619.3 9,178.0 8,687.1 7,830.2 7,409.1 7,363.5 7,100.6 6,934.4 6,746.7 6,679.1 6,532.9 6,191.8 5,954.1 6,917.1 6,956.8 6,820.7 2,802.9 2,712.0 2,685.9 2,569.6 2,497.3 2,114.6 1,259.0 1,160.2 1,098.5 1,017.6 1,015.6 966.4 896.6 814.9
Other Non-Current Assets (9,892.6) 368.5 382.8 353.1 394.1 399.8 380.2 436.0 460.7 446.7 436.2 418.3 464.8 431.1 396.2 389.1 230.2 246.4 271.4 282.7 261.5 267.7 223.3 228.9 223.5 202.7 56.6 38.3 37.6 35.3 36.4 36.0 26.1 26.7 25.8 24.0 24.0 23.0 22.4 23.0
Total Non-Current Assets 546.1 10,767.1 10,895.6 10,698.9 10,860.4 10,801.4 10,946.3 10,753.8 10,845.4 10,835.0 10,622.0 10,165.7 9,724.1 8,838.9 8,384.4 8,294.1 7,882.3 7,725.5 7,565.7 7,513.2 7,347.5 7,015.8 6,739.0 7,710.3 7,744.3 7,592.3 3,115.3 3,005.8 2,978.8 2,861.0 2,788.9 2,337.1 1,332.1 1,233.4 1,170.8 1,088.2 1,086.0 1,035.8 965.8 883.9
Total Assets 12,527.9 12,606.1 12,768.3 13,043.0 12,684.3 12,708.4 12,394.3 12,346.3 12,470.4 12,609.5 12,154.4 11,714.5 11,304.8 10,453.7 9,757.2 9,572.3 9,349.5 9,237.5 8,820.9 8,702.4 8,587.9 8,531.6 7,954.7 7,962.9 8,010.1 7,931.7 3,208.6 3,275.8 3,133.6 3,063.3 2,945.6 2,494.9 1,508.6 1,522.0 1,408.3 1,269.2 1,215.5 1,130.5 1,039.6 1,009.5
Current Liabilities
Account Payables 0 0 0 0 0 0 0 229.1 190.9 0 177.6 173.2 126.1 105.6 69.2 66.6 55.5 55.9 61.9 3.4 4.1 5.4 44.0 6.1 7.1 8.0 5.4 5.8 5.9 3.4 5.4 4.4 1.0 9.7 0.5 1.1 0.9 0.6 0.8 1.1
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 2.4 3.3 5.0 4.1 2.5 1.8 2.8 2.2 2.0 1.8 2.4 2.4 2.8 2.8 2.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 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 Current Liabilities 10,417.9 10,665.1 10,752.6 11,036.0 10,724.8 10,653.8 10,338.2 9,967.4 9,043.0 9,034.7 8,945.7 8,748.4 8,391.6 7,784.0 7,294.5 7,178.8 6,978.9 6,904.6 6,512.8 6,222.6 6,125.5 5,799.9 5,894.4 5,877.8 6,165.1 6,297.7 2,622.4 2,656.3 2,490.4 2,493.8 2,278.6 1,985.7 1,211.1 1,221.7 1,119.6 1,077.2 1,027.7 946.1 868.4 842.6
Total Current Liabilities 10,417.9 10,665.1 10,752.6 11,036.0 10,724.8 10,653.8 10,338.2 10,196.5 9,233.9 9,034.7 9,123.2 8,750.8 8,521.0 7,894.6 7,367.7 7,247.8 7,036.2 6,963.2 6,577.0 6,228.0 6,131.4 5,807.8 5,940.7 5,886.7 6,175.0 6,308.5 2,627.8 2,662.0 2,496.3 2,497.2 2,284.1 1,990.0 1,212.1 1,231.4 1,120.2 1,078.3 1,028.6 946.6 869.3 843.7
Non-Current Liabilities
Long-Term Debt 325.1 155.9 230.7 230.5 230.3 330.0 329.8 429.5 1,554.3 1,909.0 1,403.8 1,378.5 1,228.3 1,005.5 1,005.3 1,040.4 1,040.4 1,040.5 1,040.5 1,222.9 1,228.1 1,518.2 823.4 825.2 585.4 325.7 44.7 89.7 124.8 64.8 102.9 54.9 46.3 46.3 46.3 46.4 46.5 46.5 36.5 26.6
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 135.6 151.6 183.9 168.4 180.6 186.0 195.0 229.1 190.9 172.0 177.6 173.2 126.1 105.6 69.2 0 0 0 0 66.1 64.6 56.3 0 45.5 44.4 103.8 5.4 6.9 4.1 3.9 69.7 4.0 2.6 1.6 2.9 2.1 1.6 2.1 1.8 1.8
Total Non-Current Liabilities 460.7 307.5 414.7 399.0 410.9 516.1 524.8 658.6 1,745.2 2,081.0 1,581.4 1,551.7 1,354.4 1,111.1 1,074.5 1,040.4 1,040.4 1,040.5 1,040.5 1,289.0 1,292.7 1,574.6 823.4 870.7 629.8 429.5 50.1 96.6 128.9 68.7 172.6 58.9 48.8 47.9 49.3 48.5 48.1 48.6 38.2 28.3
Total Liabilities 10,878.6 10,972.6 11,167.3 11,435.0 11,135.7 11,169.9 10,863.0 10,855.2 10,979.1 11,115.8 10,704.6 10,302.6 9,875.4 9,005.7 8,442.2 8,288.1 8,076.6 8,003.7 7,617.5 7,517.0 7,424.1 7,382.4 6,763.9 6,757.4 6,804.8 6,738.0 2,677.9 2,758.6 2,625.2 2,565.9 2,456.7 2,048.9 1,261.0 1,279.3 1,169.5 1,126.8 1,076.6 995.2 907.6 872.0
Stockholders' Equity
Common Stock 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.5 0.5 0.5 0.5 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1
Retained Earnings 545.0 526.0 507.9 493.9 473.8 457.5 444.2 451.5 429.8 406.9 379.3 350.2 317.7 298.8 275.3 243.6 216.7 195.7 172.2 157.6 143.3 127.8 147.9 125.3 104.7 84.6 84.0 74.1 65.2 55.0 44.6 41.1 36.0 32.4 29.3 26.1 22.7 19.6 16.7 14.2
Accumulated Other Comprehensive Income (38.5) (42.2) (65.1) (40.3) (76.7) (71.2) (63.5) (107.8) (83.2) (54.5) (69.4) (74.5) (21.4) 19.0 64.1 69.7 77.2 62.4 56.2 47.2 42.0 45.3 19.1 23.8 17.7 7.0 (2.9) (5.1) (4.1) (3.6) (1.3) (0.1) (0.2) (1.0) (1.2) 0.3 0.3 0.1 (0.1) 0.1
Total Stockholders' Equity 1,649.2 1,633.5 1,601.1 1,608.0 1,548.6 1,538.5 1,531.3 1,491.2 1,491.3 1,493.7 1,449.8 1,411.9 1,429.4 1,448.0 1,315.1 1,284.2 1,272.9 1,233.8 1,203.4 1,185.3 1,163.7 1,149.3 1,190.8 1,205.5 1,205.3 1,193.7 530.6 517.2 508.4 497.4 488.9 445.9 247.6 242.7 238.9 142.4 138.8 135.2 132.0 137.5
Total Liabilities & Equity 12,527.9 12,606.1 12,768.3 13,043.0 12,684.3 12,708.4 12,394.3 12,346.3 12,470.4 12,609.5 12,154.4 11,714.5 11,304.8 10,453.7 9,757.2 9,572.3 9,349.5 9,237.5 8,820.9 8,702.4 8,587.9 8,531.6 7,954.7 7,962.9 8,010.1 7,931.7 3,208.6 3,275.8 3,133.6 3,063.3 2,945.6 2,494.9 1,508.6 1,522.0 1,408.3 1,269.2 1,215.5 1,130.5 1,039.6 1,009.5
Debt Metrics
Total Debt 325.1 155.9 230.7 230.5 230.3 330.0 329.8 429.5 1,554.3 1,909.0 1,403.8 1,378.5 1,228.3 1,005.5 1,005.3 1,040.4 1,040.4 1,040.5 1,040.5 1,222.9 1,228.1 1,518.2 825.8 825.2 585.4 328.5 44.7 89.7 124.8 64.8 102.9 54.9 46.3 46.3 46.4 46.4 46.5 46.5 36.5 26.6
Net Debt (66.7) (693.9) (624.5) (870.3) (421.6) (410.7) (299.3) (283.9) 890.4 1,100.6 967.7 944.6 817.6 459.0 625.5 810.6 650.4 572.4 809.7 1,094.1 1,067.8 1,087.4 574.2 572.6 319.6 (11.0) (39.7) (172.0) (22.0) (130.4) (46.2) (96.5) (126.9) (239.4) (188.4) (132.2) (80.8) (45.9) (35.1) (97.0)
Metric 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3
Operating Activities
Net Income 30.9 29.1 24.9 31.0 27.2 24.2 3.5 32.6 33.7 38.4 39.9 43.3 29.6 33.5 41.5 36.8 29.5 31.8 22.8 22.9 24.0 4.1 29.1 27.4 26.9 7.4 9.8 8.9 10.2 10.4 3.3 5.2 3.6 3.1 3.2 3.4 3.2 2.8 2.6 2.5
Depreciation & Amortization 4.7 4.7 5.5 4.7 4.4 5.1 4.6 4.9 5.3 4.8 4.7 4.6 5.0 4.4 3.8 4.6 3.7 3.8 3.9 4.1 3.8 4.1 3.6 4.4 3.9 4.0 1.7 1.6 1.7 2.0 1.2 0.7 0.4 0.4 0.5 0.4 0.4 0.4 0.4 0.4
Stock-Based Compensation 2.4 2.7 3.2 3.2 3.2 2.9 3.0 3.0 3.2 2.9 2.9 3.1 2.6 3.3 2.7 2.7 2.7 2.5 2.1 2.1 1.8 2.0 1.7 1.4 1.6 18.3 1.0 0.9 1.4 0.8 0.7 0.4 0.4 0.4 0.3 0.2 0.2 0.2 0.2 0.2
Change in Working Capital (14.6) (14.6) (1.7) 9.0 4.3 (13.5) (9.5) 0.4 0.8 0.4 (6.2) (4.9) (21.1) 24.6 (23.0) 12.8 19.9 1.7 8.2 (23.2) (3.0) (0.6) (5.0) 4.6 (6.5) (8.9) (2.8) 2.0 (0.7) 1.5 (0.8) (1.1) (8.6) 7.3 0.0 0.5 (1.4) (0.6) (0.6) 4.3
Other Non-Cash Items 4.1 21.6 (38.5) 9.5 2.2 25.6 4.4 (1.1) 20.8 (11.9) 2.1 4.0 14.9 2.5 (21.5) (14.1) 8.3 43.5 (23.3) 20.4 1.2 30.1 (0.9) (2.4) (3.8) (2.9) 1.8 (1.5) 1.0 (1.4) 5.9 2.0 (1.6) 3.7 (1.8) (0.2) (0.8) (0.2) (0.9) 0.4
Operating Cash Flow 27.4 43.6 (6.6) 57.4 41.3 44.3 6.0 39.8 63.8 34.5 43.3 50.1 31.0 68.2 3.4 42.9 64.0 83.2 13.8 26.3 27.9 39.7 28.5 35.5 22.2 17.9 11.5 12.0 13.5 13.3 10.3 7.2 (5.8) 15.0 2.2 4.3 1.6 2.6 1.6 7.8
Investing Activities
Capital Expenditure (5.2) (0.5) (0.5) (10.2) (1.1) (0.8) (0.8) (1.0) 0.3 0.0 (1.4) (1.2) (0.9) (1.1) (1.5) (1.3) (10.1) (0.7) (0.4) (1.3) (2.4) 1.3 (1.3) (4.2) 0.4 (2.6) (1.8) (1.7) (1.2) (0.3) (42.5) (1.1) (0.8) (0.4) (0.2) (0.5) (0.3) (0.1) (0.1) (0.8)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7.2 112.7 0 1.7 0 (33.6) 32.4 0 0 0 0 0 0 0 0 0
Purchases of Investments (262.1) (264.8) (1,052.9) (227.2) (185.0) (230.6) (937.9) (233.5) (41.1) (165.0) (6.8) (38.0) (189.0) (271.6) (23.5) (94.4) (87.8) (84.4) (672.7) (163.6) (112.2) (229.4) (333.0) (41.4) (243.9) (158.6) (721.0) (15.9) (32.8) (55.0) (769.3) (30.2) (0.0) (40.4) (322.8) (4.8) (10.0) (19.6) (318.1) (2.8)
Sales/Maturities of Investments 300.1 302.9 975.2 193.6 178.2 133.4 790.4 356.0 23.7 285.9 24.9 23.9 24 35.4 66.2 53.4 49.0 41.3 718.8 192.6 130.4 107.8 355.1 36.4 178.8 130.5 716.8 9.7 9.3 36.5 798.1 126.3 5.0 4.2 304.4 4.3 4.0 15.1 302.8 5.7
Other Investing Activities (41.2) 97.1 131.7 134.2 (79.8) (139.1) 25.9 62.0 (24.6) (187.4) (445.3) (382.0) (842.9) (327.4) (38.8) (340.6) (158.6) (184.6) (49.9) (169.2) (341.3) (282.9) (26.3) 41.2 (128.0) 30.8 (103.5) (21.6) (93.9) (91.9) (39.8) (40.6) (100.4) (29.4) (64.5) (1.4) (42.2) (64.7) (65.9) (8.7)
Investing Cash Flow (8.3) 134.7 53.6 90.4 (87.6) (237.1) (122.4) 183.2 (41.8) (66.5) (428.6) (397.3) (1,008.7) (564.8) 2.3 (383.0) (207.5) (228.3) (4.3) (141.6) (325.5) (403.1) (5.5) 32.1 (185.7) 112.8 (109.6) (27.7) (118.5) (144.2) (17.1) 54.4 (96.2) (66.0) (83.1) (2.5) (48.4) (69.3) (81.4) (6.7)
Financing Activities
Net Debt Issuance 169 (75) 0 0 (100) 0 (100) (1,125) (355) 505 25 151.4 220.9 0.2 (35.0) (0.0) (0.0) (0.0) (182.0) (5.0) (290.0) 695.0 (0.0) 240.0 260.0 (75.0) (44.9) (35.0) 45.0 (23.0) 43.4 (80.0) (0.0) (0.0) 0.1 (0.0) (0.0) 10.0 10.1 (13.0)
Stock Repurchased (7.1) (9.5) 0 (0.0) (3.5) (1.3) 0 (0.2) (0.1) 0 0 (0.1) (0.2) 0 15.5 (11.4) (0.1) (4.1) (7.9) 0.0 (0.2) (49.6) (35.7) (29.0) (22.1) (7.7) (0.1) (0.1) (0.1) (0.3) 0 (0.0) 0 (0.0) (0.2) 0 0 0 0 0
Dividends Paid (11.9) (10.9) (10.9) (10.9) (10.9) (10.9) (10.8) (10.9) (10.8) (10.8) (10.8) (10.8) (10.8) (9.9) (9.9) (9.9) (8.4) (8.4) (8.2) (8.6) (8.6) (8.7) (6.5) (6.7) (6.8) (6.8) 0 0 0 0 (0.2) 0 0 0 0 0 0 0 (0.0) (0.0)
Other Financing Activities (248.3) (88.2) (281.7) 312.0 71.8 315.5 142.8 962.4 199.4 (89.9) 372.7 229.7 626.8 524.2 187.6 200.8 74.4 394.7 290.6 97.1 326.3 (94.0) 18.3 (285.1) (141.2) 215.7 (34.4) 165.8 11.5 200.5 (63.5) (3.3) (10.6) 102.0 137.1 49.5 81.7 77.6 17.8 72.0
Financing Cash Flow (98.3) (183.7) (292.6) 301.1 (42.6) 304.6 32.0 (173.4) (166.5) 404.3 387.4 370.3 836.8 668.4 144.3 179.8 65.5 382.3 92.6 83.8 27.1 542.7 (24.0) (80.8) 89.9 124.4 (79.3) 130.7 56.5 177.1 4.4 (83.3) (10.6) 102.0 137.2 49.5 81.6 87.6 27.8 59.1
Cash Position
Net Change in Cash (79.2) (5.4) (245.6) 449.0 (88.9) 111.7 (84.3) 49.5 (144.5) 372.3 2.2 23.2 (140.9) 171.8 150.1 (160.3) (78.0) 237.2 102.1 (31.5) (270.5) 179.3 (1.0) (13.2) (73.7) 255.0 (177.3) 115.0 (48.5) 46.1 (2.3) (21.8) (112.6) 50.9 56.2 51.3 34.9 20.8 (52.0) 60.2
Cash at Beginning 849.8 855.2 1,100.8 651.8 740.8 629.1 713.4 663.9 808.4 436.1 433.9 410.7 551.6 379.8 229.7 390.0 468.0 230.8 128.8 160.3 430.8 251.6 252.6 265.8 339.5 84.4 261.8 146.7 195.2 149.0 151.4 173.1 285.7 234.8 178.6 127.2 92.4 71.6 123.5 63.3
Cash at End 770.6 849.8 855.2 1,100.8 651.8 740.8 629.1 713.4 663.9 808.4 436.1 433.9 410.7 551.6 379.8 229.7 390.0 468.0 230.8 128.8 160.3 430.8 251.6 252.6 265.8 339.5 84.4 261.8 146.7 195.2 149.0 151.4 173.1 285.7 234.8 178.6 127.2 92.4 71.6 123.5
Free Cash Flow 22.2 43.1 (7.1) 47.3 40.2 43.5 5.2 38.7 63.5 34.5 41.9 48.9 30.1 67.1 1.9 41.5 53.9 82.6 13.3 24.9 25.4 41.1 27.2 31.3 22.5 15.3 9.7 10.3 12.3 13.0 (32.2) 6.1 (6.5) 14.6 2.0 3.8 1.4 2.5 1.4 7.0
Key Metrics 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1
Income Statement
Revenue 188.6 188.0 194.8 209.8 201.5 191.2 199.2 196.9 195.7 184.7 172.0 137.3 103.0 95.1 99.8 90.9 88.6 89.8 87.1 87.2 100.6 94.2 98.9 104.1 102.2 103.7 41.8 40.3 37.1 36.9 32.2 24.3 16.1 14.6 14.1 13.9 12.9 12.2 11.2 10.6 8.4 8.4 8.3 8.1 7.5 7.0 6.9 6.5 5.3 5.0
Gross Profit 108.1 104.4 104.3 109.2 98.6 93.5 99.2 101.5 100.2 107.6 114.6 107.6 84.9 87.8 96.0 82.4 79.6 79.8 74.9 65.5 68.1 39.0 73.5 69.6 74.1 76.4 30.9 28.6 28.7 31.2 25.5 20.4 13.2 11.9 11.9 12.2 11.1 10.2 9.6 9.7 7.5 7.5 7.2 6.9 6.3 6.0 5.7 5.5 5.9 5.5
Operating Income 39.4 37.6 33.1 39.1 35.4 31.4 9.5 41.9 43.5 49.4 51.8 55.6 37.7 41.6 52.2 46.0 37.3 40.8 27.5 29.1 28.0 3.5 37.2 35 34.2 9.4 13.4 10.4 12.5 13.9 10.5 7.8 5.4 4.4 4.8 5.1 4.8 4.2 3.9 3.8 2.8 2.4 2.5 2.1 1.9 1.5 1.5 1.4 1.5 1.2
Net Income 30.9 29.1 24.9 31.0 27.2 24.2 3.5 32.6 33.7 38.4 39.9 43.3 29.6 33.5 41.5 36.8 29.5 31.8 22.8 22.9 24.0 4.1 29.1 27.4 26.9 7.4 9.8 8.9 10.2 10.4 3.3 5.2 3.6 3.1 3.2 3.4 3.2 2.8 2.6 2.5 1.9 1.8 1.7 1.4 1.2 1.0 1.0 1.0 0.8 0.6
EPS (Diluted) 0.56 0.53 0.45 0.56 0.50 0.44 0.06 0.60 0.62 0.70 0.73 0.79 0.54 0.65 0.82 0.73 0.59 0.64 0.46 0.46 0.48 0.08 0.56 0.51 0.49 0.13 0.40 0.36 0.42 0.42 0.14 0.25 0.23 0.20 0.27 0.31 0.29 0.26 0.23 0.23 0.19 0.19 0.18 0.15 0.13 0.10 0.11 0.11 0.09 0.07
Balance Sheet
Cash & Equivalents 66.7 849.8 855.2 1,100.8 651.8 740.8 629.1 713.4 663.9 808.4 436.1 433.9 410.7 551.6 379.8 229.7 390.0 468.0 230.8 128.8 160.3 430.8 251.6 252.6 265.8 339.5 84.4 261.8 146.7 195.2 149.0 151.4 173.1 285.7 234.8 178.6 127.2 92.4 71.6 123.5
Total Assets 12,527.9 12,606.1 12,768.3 13,043.0 12,684.3 12,708.4 12,394.3 12,346.3 12,470.4 12,609.5 12,154.4 11,714.5 11,304.8 10,453.7 9,757.2 9,572.3 9,349.5 9,237.5 8,820.9 8,702.4 8,587.9 8,531.6 7,954.7 7,962.9 8,010.1 7,931.7 3,208.6 3,275.8 3,133.6 3,063.3 2,945.6 2,494.9 1,508.6 1,522.0 1,408.3 1,269.2 1,215.5 1,130.5 1,039.6 1,009.5
Total Debt 325.1 155.9 230.7 230.5 230.3 330.0 329.8 429.5 1,554.3 1,909.0 1,403.8 1,378.5 1,228.3 1,005.5 1,005.3 1,040.4 1,040.4 1,040.5 1,040.5 1,222.9 1,228.1 1,518.2 825.8 825.2 585.4 328.5 44.7 89.7 124.8 64.8 102.9 54.9 46.3 46.3 46.4 46.4 46.5 46.5 36.5 26.6
Stockholders' Equity 1,649.2 1,633.5 1,601.1 1,608.0 1,548.6 1,538.5 1,531.3 1,491.2 1,491.3 1,493.7 1,449.8 1,411.9 1,429.4 1,448.0 1,315.1 1,284.2 1,272.9 1,233.8 1,203.4 1,185.3 1,163.7 1,149.3 1,190.8 1,205.5 1,205.3 1,193.7 530.6 517.2 508.4 497.4 488.9 445.9 247.6 242.7 238.9 142.4 138.8 135.2 132.0 137.5
Cash Flow
Operating Cash Flow 27.4 43.6 (6.6) 57.4 41.3 44.3 6.0 39.8 63.8 34.5 43.3 50.1 31.0 68.2 3.4 42.9 64.0 83.2 13.8 26.3 27.9 39.7 28.5 35.5 22.2 17.9 11.5 12.0 13.5 13.3 10.3 7.2 (5.8) 15.0 2.2 4.3 1.6 2.6 1.6 7.8
Capital Expenditure (5.2) (0.5) (0.5) (10.2) (1.1) (0.8) (0.8) (1.0) 0.3 0.0 (1.4) (1.2) (0.9) (1.1) (1.5) (1.3) (10.1) (0.7) (0.4) (1.3) (2.4) 1.3 (1.3) (4.2) 0.4 (2.6) (1.8) (1.7) (1.2) (0.3) (42.5) (1.1) (0.8) (0.4) (0.2) (0.5) (0.3) (0.1) (0.1) (0.8)
Free Cash Flow 22.2 43.1 (7.1) 47.3 40.2 43.5 5.2 38.7 63.5 34.5 41.9 48.9 30.1 67.1 1.9 41.5 53.9 82.6 13.3 24.9 25.4 41.1 27.2 31.3 22.5 15.3 9.7 10.3 12.3 13.0 (32.2) 6.1 (6.5) 14.6 2.0 3.8 1.4 2.5 1.4 7.0