VEEV - Veeva Systems Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$235.38
DETAILS
HIGH:
$320.00
LOW:
$165.00
MEDIAN:
$230.00
CONSENSUS:
$235.38
UPSIDE:
23.81%
| Metric | 2027 Q1 | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue | 882.9 | 836.0 | 811.2 | 789.1 | 759.0 | 720.9 | 699.2 | 676.2 | 650.3 | 630.6 | 616.5 | 590.2 | 526.3 | 563.4 | 552.4 | 534.2 | 505.1 | 485.5 | 476.1 | 455.6 | 433.6 | 396.8 | 377.5 | 353.7 | 337.1 | 311.5 | 280.9 | 266.9 | 244.8 | 232.3 | 224.7 | 209.6 | 195.5 | 186.0 | 176.1 | 167.8 | 159.8 | 150.2 | 142.8 | 131.3 | 119.8 | 114.3 | 106.9 | 98.1 | 89.9 | 87.0 | 83.8 | 75.7 | 66.7 | 62.8 | 55.0 | 49.6 | 42.8 | 39.8 | 35.8 |
| Cost of Revenue | 223.3 | 213.5 | 199.5 | 195.3 | 173.8 | 181.0 | 174.4 | 170.4 | 173.9 | 173.9 | 167.7 | 169.0 | 166.7 | 164.3 | 153.9 | 151.7 | 139.5 | 135.9 | 129.6 | 122.1 | 116.1 | 113.8 | 103.0 | 97.2 | 94.9 | 94.3 | 73.3 | 70.2 | 65.5 | 64.5 | 61.4 | 59.2 | 60.2 | 58.9 | 53.2 | 50.4 | 48.9 | 46.5 | 43.9 | 42.2 | 41.1 | 39.7 | 37.0 | 33.5 | 32.0 | 31.2 | 30.4 | 28.1 | 25.9 | 24.4 | 21.4 | 19.1 | 17.7 | 16.8 | 15.9 |
| Gross Profit | 659.7 | 622.5 | 611.8 | 593.8 | 585.2 | 539.9 | 524.8 | 505.8 | 476.5 | 456.7 | 448.8 | 421.2 | 359.7 | 399.1 | 398.4 | 382.5 | 365.6 | 349.6 | 346.5 | 333.5 | 317.4 | 282.9 | 274.5 | 256.5 | 242.2 | 217.2 | 207.6 | 196.7 | 179.2 | 167.8 | 163.4 | 150.4 | 135.4 | 126.0 | 122.9 | 116.2 | 109.0 | 103.7 | 98.9 | 89.2 | 78.7 | 74.5 | 69.9 | 64.6 | 57.9 | 55.9 | 53.4 | 47.5 | 40.8 | 38.4 | 33.6 | 30.4 | 25.1 | 23.0 | 19.9 |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| R&D Expenses | 208.3 | 198.8 | 191.9 | 192.7 | 184.0 | 181.5 | 172.4 | 176.4 | 162.7 | 163.5 | 161.3 | 157.2 | 147.0 | 142.5 | 130.3 | 134.0 | 113.5 | 105.3 | 98.6 | 94.9 | 83.2 | 81.9 | 80.0 | 70.1 | 62.2 | 61.2 | 52.6 | 51.1 | 45.0 | 42.8 | 40.0 | 38.8 | 37.2 | 37.0 | 34.0 | 32.7 | 28.3 | 26.1 | 25.0 | 23.6 | 22.1 | 20.1 | 17.7 | 15.3 | 13.0 | 11.7 | 10.6 | 9.8 | 9.0 | 7.9 | 6.6 | 6.5 | 5.6 | 4.7 | 3.6 |
| SG&A Expenses | 178.3 | 177.8 | 179.0 | 205.2 | 167.5 | 169.9 | 171.1 | 162.9 | 158.6 | 157.9 | 159.1 | 159.9 | 151.2 | 147.6 | 146.8 | 147.4 | 124.4 | 124.6 | 115.2 | 114.0 | 105.8 | 102.1 | 93.2 | 96.3 | 92.4 | 95.6 | 74.2 | 71.7 | 63.1 | 62.0 | 60.3 | 58.7 | 54.2 | 54.1 | 47.2 | 46.6 | 43.4 | 45.1 | 40.0 | 41.8 | 38.8 | 39.2 | 32.1 | 27.0 | 24.1 | 23.4 | 22.8 | 21.0 | 19.2 | 19.3 | 17.0 | 14.2 | 11.4 | 9.0 | 7.6 |
| Other 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 | (0.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | 0 | 0 | 0 |
| Operating Expenses | 386.6 | 376.6 | 370.9 | 397.9 | 351.5 | 351.5 | 343.5 | 339.3 | 321.3 | 321.4 | 320.3 | 317.2 | 298.1 | 290.2 | 277.0 | 281.5 | 237.9 | 229.9 | 213.8 | 208.9 | 189.0 | 184.1 | 173.2 | 166.4 | 154.7 | 156.8 | 126.8 | 122.8 | 108.1 | 104.8 | 100.3 | 97.6 | 91.4 | 91.1 | 81.2 | 79.3 | 71.7 | 71.2 | 65.0 | 65.3 | 60.9 | 59.3 | 49.8 | 42.3 | 37.0 | 35.2 | 33.5 | 30.7 | 28.2 | 27.1 | 23.6 | 20.6 | 16.9 | 13.7 | 11.2 |
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Income | 273.1 | 245.9 | 240.9 | 195.9 | 233.7 | 188.4 | 181.4 | 166.5 | 155.2 | 135.3 | 128.5 | 104.0 | 61.5 | 108.9 | 121.4 | 101.1 | 127.7 | 119.7 | 132.7 | 124.6 | 128.4 | 98.8 | 101.3 | 90.1 | 87.6 | 60.4 | 80.8 | 73.9 | 71.2 | 63.0 | 63.1 | 52.8 | 44.0 | 38.5 | 42.5 | 38.1 | 38.9 | 32.5 | 33.8 | 23.8 | 17.8 | 15.2 | 20.1 | 22.4 | 20.9 | 20.7 | 19.9 | 16.8 | 12.6 | 11.3 | 10.0 | 9.8 | 8.2 | 9.4 | 8.8 |
| Interest Expense | 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 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 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 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EBITDA | 362.4 | 328.9 | 332.7 | 275.5 | 308.6 | 255.1 | 252.2 | 236.1 | 215.4 | 192.4 | 179.0 | 151.0 | 99.3 | 143.0 | 141.0 | 116.7 | 137.4 | 126.8 | 140.4 | 133.2 | 135.1 | 105.6 | 108.8 | 97.4 | 95.4 | 63.6 | 84.6 | 77.7 | 75.1 | 66.6 | 66.5 | 56.3 | 47.6 | 38.5 | 46.1 | 41.6 | 42.3 | 36.0 | 37.3 | 27.3 | 21.2 | 18.8 | 22.6 | 23.7 | 21.9 | 21.7 | 21.0 | 17.8 | 13.5 | 12.2 | 10.8 | 10.3 | 8.4 | 9.6 | 9.0 |
| EBIT | 347.5 | 317.5 | 312.8 | 265.4 | 298.8 | 245.1 | 242.3 | 225.1 | 206.9 | 182.7 | 170.7 | 142.9 | 91.8 | 135.4 | 133.9 | 109.5 | 130.4 | 119.5 | 133.5 | 126.3 | 128.4 | 98.8 | 101.3 | 90.1 | 87.6 | 60.4 | 80.8 | 73.9 | 71.2 | 63.0 | 63.1 | 52.8 | 44.0 | 41.5 | 42.5 | 38.1 | 38.9 | 32.5 | 33.8 | 23.8 | 17.8 | 15.2 | 20.1 | 22.4 | 20.9 | 20.7 | 19.9 | 16.8 | 12.6 | 11.3 | 10.0 | 9.8 | 8.2 | 9.4 | 8.8 |
| Income Before Tax | 347.5 | 317.5 | 312.8 | 265.4 | 298.8 | 245.1 | 242.3 | 225.1 | 206.9 | 182.7 | 170.7 | 142.9 | 91.8 | 135.4 | 133.9 | 109.5 | 130.4 | 119.5 | 133.5 | 126.3 | 133.0 | 105.3 | 104.8 | 93.0 | 91.0 | 65.2 | 89.9 | 81.2 | 77.3 | 68.7 | 67.7 | 56.2 | 46.1 | 41.5 | 43.9 | 40.9 | 39.5 | 32.3 | 34.3 | 22.5 | 20.6 | 14.8 | 20.2 | 21.9 | 21.7 | 19.0 | 19.0 | 16.7 | 12.5 | 10.9 | 10.1 | 9.8 | 7.7 | 8.8 | 8.9 |
| Income Tax Expense | 86.6 | 73.3 | 76.6 | 65.1 | 70.6 | 49.5 | 56.5 | 54.0 | 45.2 | 35.3 | 35.5 | 31.2 | (39.7) | (53.2) | 25.4 | 18.9 | 30.3 | 22.4 | 27.7 | 17.4 | 17.4 | 2.4 | 7.8 | (0.6) | 4.4 | (0.9) | 7.7 | 1.9 | 3.9 | (2.5) | 3.6 | 5.9 | 1.8 | 0.9 | 8.9 | 2.3 | 2.5 | 10.6 | 12.7 | 9.5 | 8.0 | (2.8) | 9.7 | 8.5 | 8.7 | 5.7 | 8.7 | 7.1 | 5.3 | 4.7 | 3.6 | 3.8 | 2.8 | 3.1 | 3.1 |
| Net Income | 260.9 | 244.2 | 236.2 | 200.3 | 228.2 | 195.6 | 185.8 | 171.0 | 161.7 | 147.4 | 135.2 | 111.6 | 131.5 | 188.5 | 108.5 | 90.6 | 100.1 | 97.1 | 105.9 | 108.9 | 115.6 | 102.9 | 97.0 | 93.6 | 86.6 | 66.2 | 82.2 | 79.2 | 73.4 | 71.2 | 64.1 | 50.3 | 44.3 | 33.7 | 34.4 | 37.8 | 36.0 | 21.7 | 21.6 | 13.0 | 12.5 | 17.6 | 10.5 | 13.4 | 13.0 | 13.3 | 10.3 | 9.6 | 7.2 | 6.2 | 6.5 | 6.0 | 4.8 | 5.7 | 5.7 |
| Per Share Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 1.60 | 1.49 | 1.44 | 1.23 | 1.40 | 1.20 | 1.15 | 1.06 | 1.00 | 0.92 | 0.84 | 0.70 | 0.82 | 1.20 | 0.70 | 0.58 | 0.65 | 0.63 | 0.69 | 0.71 | 0.76 | 0.68 | 0.64 | 0.62 | 0.58 | 0.44 | 0.56 | 0.54 | 0.50 | 0.49 | 0.44 | 0.35 | 0.31 | 0.24 | 0.25 | 0.28 | 0.26 | 0.16 | 0.16 | 0.10 | 0.09 | 0.13 | 0.08 | 0.10 | 0.10 | 0.10 | 0.08 | 0.07 | 0.06 | 0.05 | 0.07 | 0.01 | 0.01 | 0.05 | 0.01 |
| EPS (Diluted) | 1.57 | 1.45 | 1.40 | 1.19 | 1.37 | 1.17 | 1.13 | 1.04 | 0.98 | 0.90 | 0.83 | 0.68 | 0.81 | 1.16 | 0.67 | 0.56 | 0.62 | 0.60 | 0.65 | 0.67 | 0.71 | 0.64 | 0.60 | 0.58 | 0.54 | 0.42 | 0.52 | 0.50 | 0.47 | 0.45 | 0.41 | 0.32 | 0.29 | 0.22 | 0.23 | 0.25 | 0.24 | 0.15 | 0.15 | 0.09 | 0.09 | 0.12 | 0.07 | 0.09 | 0.09 | 0.09 | 0.07 | 0.07 | 0.05 | 0.04 | 0.05 | 0.01 | 0.01 | 0.05 | 0.01 |
| Shares Outstanding | 163.3 | 164.3 | 163.7 | 163.1 | 162.7 | 162.4 | 162.0 | 161.7 | 161.4 | 161.1 | 160.8 | 160.4 | 159.9 | 156.5 | 155.4 | 155.0 | 154.5 | 153.9 | 153.5 | 153.1 | 152.4 | 151.7 | 151.0 | 150.4 | 149.5 | 148.8 | 148.2 | 147.5 | 146.7 | 145.7 | 144.7 | 143.7 | 142.8 | 141.7 | 140.9 | 140.0 | 137.1 | 136.3 | 135.6 | 135.1 | 134.0 | 133.1 | 132.4 | 131.8 | 131.2 | 130.3 | 129.2 | 136.8 | 123.9 | 122.6 | 134.8 | 122.3 | 108.4 | 108.4 | 108.4 |
| Metric | 2027 Q1 | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 1,896.6 | 1,421.2 | 1,660.1 | 1,930.4 | 1,965.0 | 1,118.8 | 1,044.5 | 1,165.8 | 1,197.2 | 703.5 | 743.7 | 742.6 | 1,093.6 | 886.5 | 865.2 | 1,140.2 | 1,240.0 | 1,138.0 | 1,149.9 | 1,064.7 | 1,185.0 | 730.5 | 634.3 | 795.8 | 720.8 | 476.7 | 892.6 | 827.5 | 748.2 | 551.0 | 467.6 | 511.7 | 460.2 | 320.2 | 310.8 | 409.2 | 365.7 | 217.6 | 206.1 | 210.4 | 245.9 | 132.2 | 108.6 | 119.8 | 107.6 | 129.3 | 132.1 | 140.1 | 188.9 | 262.5 | 257.1 | 38.6 | 44.4 | 31.9 |
| Short-Term Investments | 5,416.1 | 5,139.6 | 4,977.2 | 4,473.3 | 4,103.4 | 4,031.4 | 4,018.5 | 3,719.3 | 3,567.8 | 3,324.3 | 3,198.6 | 3,126.1 | 2,521.3 | 2,216.2 | 2,157.4 | 1,778.9 | 1,598.6 | 1,238.1 | 1,201.5 | 1,198.8 | 965.5 | 933.1 | 956.2 | 699.7 | 660.2 | 610.0 | 602.4 | 604.7 | 581.5 | 539.2 | 584.3 | 498.7 | 458.1 | 441.8 | 447.3 | 315.4 | 298.3 | 301.3 | 304.7 | 269.2 | 211.5 | 214.0 | 230.9 | 318.2 | 320.9 | 268.6 | 260.7 | 210.1 | 156.6 | 25.6 | 16.2 | 14.3 | 14.8 | 14.3 |
| Net Receivables | 627.8 | 1,310.3 | 371.8 | 472.4 | 541.3 | 1,057.1 | 301.3 | 404.2 | 401.1 | 888.5 | 300.3 | 416.6 | 451.0 | 785.2 | 324.9 | 391.0 | 391.6 | 694.4 | 279.0 | 334.7 | 313.7 | 611.6 | 236.7 | 257.5 | 273.2 | 422.5 | 147.8 | 166.8 | 187.5 | 321.6 | 110.0 | 126.6 | 172.5 | 233.7 | 76.3 | 97.2 | 113.1 | 182.8 | 65.6 | 89.0 | 81.8 | 144.8 | 75.3 | 68.0 | 70.2 | 92.7 | 50.0 | 66.7 | 65.7 | 58.4 | 48.6 | 38.9 | 37.9 | 37.1 |
| 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 | 0 | 0 | 5.1 | 4.8 | 0 | 0 | 2.2 | 0 | 0 | 2.1 | 0 | 0 | 0 | 1.2 |
| Other Current Assets | 122.8 | 126.5 | 102.8 | 118.5 | 97.8 | 101.5 | 82.9 | 78.6 | 78.8 | 86.9 | 93.1 | 76.4 | 122.2 | 81.5 | 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 | 5.1 | 4.8 | 11.1 | 4.8 | 6.7 | 6.1 | 7.6 | 7.2 | 6.4 | 4.4 | 2.8 | 2.3 |
| Total Current Assets | 8,063.3 | 7,997.6 | 7,111.9 | 6,994.6 | 6,707.5 | 6,308.8 | 5,447.2 | 5,367.8 | 5,244.9 | 5,003.2 | 4,335.8 | 4,361.8 | 4,188.1 | 3,969.3 | 3,386.5 | 3,356.1 | 3,275.3 | 3,107.2 | 2,659.8 | 2,631.8 | 2,495.1 | 2,310.8 | 1,853.0 | 1,785.4 | 1,675.3 | 1,531.1 | 1,658.1 | 1,620.8 | 1,537.9 | 1,433.4 | 1,183.2 | 1,152.4 | 1,102.8 | 1,008.1 | 846.1 | 833.4 | 789.1 | 711.9 | 589.8 | 587.1 | 548.4 | 501.2 | 427.3 | 522.8 | 509.8 | 501.8 | 449.5 | 423.0 | 418.8 | 353.7 | 328.4 | 96.3 | 99.9 | 86.9 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 155.5 | 145.9 | 140.0 | 132.7 | 122.2 | 119.8 | 116.0 | 99.8 | 102.6 | 104.1 | 105.7 | 108.0 | 102.2 | 105.2 | 108.4 | 110.9 | 102.7 | 104.1 | 104.0 | 105.7 | 106.0 | 110.6 | 107.2 | 103.9 | 99.8 | 103.9 | 77.3 | 73.3 | 70.8 | 55.0 | 53.6 | 50.7 | 51.5 | 52.3 | 52.7 | 53.5 | 52.0 | 49.9 | 48.2 | 47.2 | 47.7 | 47.5 | 47.4 | 44.4 | 35.2 | 28.2 | 27.6 | 27.0 | 2.5 | 2.4 | 2.3 | 2.1 | 1.5 | 1.4 |
| Goodwill | 488.2 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 439.9 | 437.3 | 437.3 | 436.0 | 436.0 | 436.0 | 438.5 | 438.5 | 438.5 | 95.8 | 95.8 | 95.8 | 95.8 | 95.8 | 95.8 | 95.8 | 95.8 | 95.8 | 95.8 | 95.8 | 95.8 | 95.8 | 95.8 | 95.8 | 95.5 | 95.0 | 10.6 | 11.1 | 4.8 | 4.8 | 4.8 | 4.8 | 4.8 | 4.7 | 4.7 | 0 | 0 |
| Intangible Assets | 55.5 | 30.3 | 32.6 | 36.4 | 40.5 | 44.5 | 48.5 | 53.3 | 58.2 | 63.0 | 67.9 | 72.8 | 77.7 | 82.5 | 87.4 | 92.3 | 97.2 | 101.9 | 102.6 | 107.3 | 110.2 | 114.6 | 119.2 | 124.4 | 129.4 | 134.6 | 19.9 | 21.4 | 23.0 | 24.5 | 26.2 | 27.9 | 29.6 | 31.5 | 33.4 | 35.3 | 37.3 | 39.3 | 41.3 | 44.2 | 46.4 | 47.5 | 49.9 | 8.8 | 8.9 | 6.1 | 6.6 | 7.2 | 7.8 | 8.1 | 8.6 | 8.3 | 0.8 | 0.9 |
| Long-Term Investments | 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 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 94.4 | 92.2 | 85.8 | 86.1 | 88.7 | 82.9 | 78.6 | 78.9 | 75.8 | 67.2 | 58.1 | 61.4 | 59.0 | 70.8 | 62.0 | 55.3 | 55.5 | 58.2 | 59.0 | 61.8 | 61.0 | 60.0 | 52.6 | 52.0 | 49.9 | 51.8 | 42.8 | 42 | 42.2 | 39.1 | 35.0 | 34.4 | 35.7 | 36.1 | 5.4 | 4.9 | 4.7 | 4.1 | 4.1 | 3.5 | 3.7 | 4.7 | 5.4 | 5.1 | 3.8 | 3.9 | 4.0 | 2.2 | 1.2 | 1.1 | 1.2 | 1.1 | 1.2 | 0.7 |
| Total Non-Current Assets | 1,066.3 | 981.7 | 985.3 | 1,004.8 | 1,057.5 | 1,031.0 | 1,005.7 | 963.0 | 942.6 | 907.7 | 890.0 | 866.4 | 835.2 | 835.0 | 796.2 | 760.4 | 735.9 | 709.3 | 707.7 | 719.6 | 727.1 | 735.2 | 730.6 | 731.0 | 729.3 | 740.7 | 242.3 | 239.0 | 238.3 | 220.4 | 214.1 | 212.2 | 214.8 | 192.4 | 200.1 | 202.5 | 207.1 | 205.8 | 198.6 | 200.1 | 203.4 | 204.6 | 197.7 | 68.9 | 58.9 | 43.1 | 43.0 | 41.2 | 16.3 | 16.6 | 16.8 | 16.3 | 3.5 | 2.9 |
| Total Assets | 9,129.6 | 8,979.3 | 8,097.2 | 7,999.4 | 7,765.1 | 7,339.8 | 6,452.9 | 6,330.8 | 6,187.6 | 5,910.9 | 5,225.8 | 5,228.1 | 5,023.4 | 4,804.3 | 4,182.7 | 4,116.6 | 4,011.2 | 3,816.5 | 3,367.5 | 3,351.4 | 3,222.1 | 3,046.1 | 2,583.6 | 2,516.4 | 2,404.6 | 2,271.8 | 1,900.4 | 1,859.9 | 1,776.1 | 1,653.8 | 1,397.3 | 1,364.6 | 1,317.7 | 1,200.5 | 1,046.2 | 1,035.9 | 996.2 | 917.7 | 788.5 | 787.2 | 751.8 | 705.8 | 625.0 | 591.6 | 568.7 | 544.9 | 492.6 | 464.2 | 435.1 | 370.3 | 345.3 | 112.6 | 103.4 | 89.8 |
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Account Payables | 40.7 | 37.6 | 32.7 | 33.6 | 37.4 | 30.4 | 31.8 | 28.3 | 31.9 | 31.5 | 36.2 | 49.9 | 44.4 | 41.7 | 40.9 | 30.9 | 25.4 | 20.3 | 25.6 | 21.3 | 18.9 | 23.3 | 21.3 | 16.5 | 15.0 | 19.4 | 9.9 | 8.6 | 8.4 | 9.1 | 10.9 | 7.7 | 9.0 | 6.9 | 7.4 | 6.3 | 5.2 | 5.7 | 5.0 | 6.4 | 4.6 | 4.6 | 7.2 | 3.9 | 5.3 | 3.9 | 2.1 | 1.8 | 3.1 | 2.1 | 2.4 | 1.3 | 3.1 | 3.3 |
| Short-Term Debt | 13.1 | 0 | 10.5 | 10.7 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 1,476.5 | 1,488.8 | 822.5 | 1,107.7 | 1,246.2 | 1,274.0 | 739.7 | 956.4 | 1,029.5 | 1,049.8 | 644.5 | 836.5 | 869.9 | 869.3 | 510.1 | 684.6 | 723.7 | 731.7 | 417.8 | 558.7 | 608.7 | 617.0 | 331.2 | 421.2 | 470.3 | 468.9 | 250.7 | 329.1 | 363.9 | 356.4 | 196.2 | 259.2 | 289.6 | 275.4 | 173.4 | 222.7 | 238.0 | 213.6 | 137.1 | 176.7 | 180.8 | 157.4 | 102.1 | 109.5 | 111.3 | 113.0 | 84.7 | 85.3 | 74.9 | 67.4 | 53.5 | 48.3 | 0 | 38.8 |
| Other Current Liabilities | 51.0 | 45.9 | 31.7 | 58.8 | 39.1 | 18.8 | 20.1 | 22.2 | 21.8 | 19.8 | 18.3 | 48.3 | 44.4 | 16.8 | 40.3 | 36.6 | 33.2 | 15.8 | 32.1 | 33.9 | 31.7 | 30.4 | 28.9 | 27.5 | 27.1 | 25.6 | 16.0 | 18.0 | 15.4 | 15.3 | 14.5 | 14.1 | 15.4 | 17.1 | 12.7 | 12.1 | 12.4 | 12.0 | 9.9 | 12.4 | 11.9 | 12.5 | 9.9 | 7.6 | 6.3 | 6.5 | 7.0 | 7.0 | 14.5 | 9.2 | 0 | 0.6 | 60.1 | 0.8 |
| Total Current Liabilities | 1,701.8 | 1,637.1 | 944.9 | 1,255.1 | 1,456.6 | 1,398.4 | 857.0 | 1,070.4 | 1,223.3 | 1,178.9 | 768.2 | 1,002.0 | 1,006.3 | 1,006.8 | 690.3 | 799.4 | 878.9 | 840.8 | 536.9 | 662.8 | 709.5 | 716.0 | 417.4 | 501.5 | 550.3 | 551.2 | 306.9 | 382.9 | 412.6 | 401.0 | 236.7 | 294.7 | 326.2 | 314.7 | 214.3 | 255.6 | 269.0 | 246.8 | 167.6 | 208.1 | 207.1 | 186.3 | 136.4 | 134.4 | 137.1 | 135.5 | 107.8 | 103.3 | 101.2 | 86.6 | 70.3 | 61.2 | 61.8 | 54.3 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Long-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 | 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 |
| Deferred Tax Liabilities | 1.1 | 0.6 | 0.4 | 0.4 | 0.5 | 0.6 | 0.5 | 0.6 | 0.7 | 2.1 | 1.1 | 1.3 | 1.4 | 1.5 | 1.5 | 1.7 | 1.7 | 2.2 | 1.9 | 7.5 | 6.5 | 1.8 | 1.0 | 1.8 | 1.7 | 2.4 | 9.0 | 8.4 | 7.3 | 6.1 | 14.1 | 12.3 | 9.7 | 7.3 | 7.2 | 7.6 | 12.2 | 13.0 | 9.5 | 9.9 | 10.3 | 10.6 | 11.7 | 0 | 0 | 0 | 1.7 | 1.7 | 1.7 | 1.7 | 2.5 | 2.5 | 0 | 0.4 |
| Other Non-Current Liabilities | 32.3 | 43.3 | 32.0 | 30.6 | 30.3 | 42.6 | 31.4 | 31.2 | 28.8 | 38.7 | 28.6 | 24.4 | 25.1 | 30.1 | 21.9 | 19.5 | 19.9 | 18.2 | 14.1 | 13.3 | 12.5 | 10.6 | 10.9 | 10.2 | 9.1 | 7.8 | 6.1 | 7.9 | 7.7 | 8.9 | 8.1 | 7.2 | 7.3 | 7.0 | 6.2 | 6.1 | 5.6 | 5.0 | 5.4 | 4.1 | 3.9 | 3.6 | 3.0 | 3.6 | 2.6 | 2.5 | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 | 1.4 | 0 | 1.1 |
| Total Non-Current Liabilities | 123.4 | 127.5 | 111.6 | 105.8 | 97.4 | 109.0 | 94.4 | 75.7 | 74.9 | 87.2 | 77.7 | 73.5 | 74.0 | 81.2 | 73.6 | 73.3 | 64.1 | 64.0 | 61.2 | 68.4 | 67.6 | 63.8 | 59.9 | 58.2 | 53.2 | 55.0 | 35.0 | 31.9 | 28.4 | 15.0 | 22.3 | 19.6 | 17.0 | 17.9 | 13.4 | 13.7 | 17.7 | 17.9 | 15.0 | 14.0 | 14.1 | 14.3 | 14.7 | 3.6 | 2.6 | 2.5 | 3.6 | 3.6 | 3.6 | 3.6 | 4.4 | 4.0 | 0 | 1.6 |
| Total Liabilities | 1,825.2 | 1,764.6 | 1,056.5 | 1,360.9 | 1,554.0 | 1,507.4 | 951.5 | 1,146.1 | 1,298.2 | 1,266.1 | 846.0 | 1,075.5 | 1,080.3 | 1,088.0 | 763.9 | 872.7 | 942.9 | 904.8 | 598.1 | 731.3 | 777.2 | 779.7 | 477.3 | 559.7 | 603.6 | 606.2 | 341.9 | 414.8 | 441.0 | 416.0 | 259.0 | 314.2 | 343.2 | 329.0 | 227.7 | 269.3 | 286.8 | 264.7 | 182.6 | 222.1 | 221.2 | 200.6 | 151.1 | 138.0 | 139.7 | 138.1 | 111.3 | 106.9 | 104.8 | 90.2 | 74.6 | 65.2 | 61.8 | 55.9 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Common Stock | 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 | 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 | 0.0 | 0.0 | 0 | 0 |
| Retained Earnings | 4,624.4 | 4,363.5 | 4,119.3 | 3,883.1 | 3,682.8 | 3,454.6 | 3,259.0 | 3,073.2 | 2,902.1 | 2,740.5 | 2,593.1 | 2,457.9 | 2,346.3 | 2,214.8 | 2,026.2 | 1,917.8 | 1,827.2 | 1,727.0 | 1,630.0 | 1,524.1 | 1,415.2 | 1,299.7 | 1,196.7 | 1,099.8 | 1,006.2 | 919.7 | 853.5 | 771.2 | 692.0 | 619.2 | 548.0 | 484.0 | 433.7 | 354.9 | 321.1 | 286.8 | 247.4 | 212.2 | 190.5 | 168.9 | 155.9 | 143.4 | 125.8 | 115.3 | 101.9 | 88.9 | 75.6 | 65.3 | 55.8 | 48.5 | 42.3 | 35.8 | 29.8 | 24.9 |
| Accumulated Other Comprehensive Income | (19.8) | 8.2 | 9.9 | (2.0) | 8.9 | (8.4) | (6.5) | (5.6) | (30.6) | (10.6) | (37.5) | (34.4) | (25.8) | (31.1) | (45.6) | (27.3) | (24.2) | (12.0) | (5.7) | (2.7) | (2.3) | 1.0 | 3.5 | 6.2 | 2.1 | 0.5 | 0.2 | (0.1) | 1.2 | 0.9 | (1.2) | (0.1) | 1.1 | 1.4 | 1.0 | 1.3 | 0.9 | 0.1 | 0.3 | 0.9 | 0.5 | 0.2 | 0.0 | (0.0) | 0.0 | 0.0 | (0.0) | (0.1) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Stockholders' Equity | 7,304.4 | 7,214.8 | 7,040.6 | 6,638.5 | 6,211.1 | 5,832.4 | 5,501.4 | 5,184.7 | 4,889.4 | 4,644.8 | 4,379.8 | 4,152.6 | 3,943.1 | 3,716.3 | 3,418.8 | 3,243.9 | 3,068.3 | 2,911.6 | 2,769.4 | 2,620.1 | 2,445.0 | 2,266.3 | 2,106.4 | 1,956.7 | 1,801.0 | 1,665.6 | 1,558.6 | 1,445.0 | 1,335.1 | 1,237.7 | 1,138.3 | 1,050.4 | 974.4 | 871.5 | 818.5 | 766.6 | 709.4 | 653.0 | 605.9 | 565.1 | 530.5 | 505.2 | 474.0 | 453.6 | 428.9 | 406.8 | 381.2 | 357.4 | 330.3 | 280.1 | 270.6 | 47.4 | 39.9 | 34.0 |
| Total Liabilities & Equity | 9,129.6 | 8,979.3 | 8,097.2 | 7,999.4 | 7,765.1 | 7,339.8 | 6,452.9 | 6,330.8 | 6,187.6 | 5,910.9 | 5,225.8 | 5,228.1 | 5,023.4 | 4,804.3 | 4,182.7 | 4,116.6 | 4,011.2 | 3,816.5 | 3,367.5 | 3,351.4 | 3,222.1 | 3,046.1 | 2,583.6 | 2,516.4 | 2,404.6 | 2,271.8 | 1,900.4 | 1,859.9 | 1,776.1 | 1,653.8 | 1,397.3 | 1,364.6 | 1,317.7 | 1,200.5 | 1,046.2 | 1,035.9 | 996.2 | 917.7 | 788.5 | 787.2 | 751.8 | 705.8 | 625.0 | 591.6 | 568.7 | 544.9 | 492.6 | 464.2 | 435.1 | 370.3 | 345.3 | 112.6 | 101.7 | 89.8 |
| Debt Metrics | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Debt | 103.1 | 95.9 | 89.8 | 85.4 | 77.2 | 75.8 | 71.7 | 54.1 | 55.7 | 55.8 | 57.7 | 58.5 | 58.2 | 61.0 | 61.9 | 63.5 | 54.1 | 54.6 | 56.0 | 58.7 | 60.0 | 63.1 | 59.0 | 57.3 | 52.6 | 54.8 | 27.3 | 22.2 | 19.3 | 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 |
| Net Debt | (1,793.5) | (1,325.4) | (1,570.3) | (1,845.0) | (1,887.8) | (1,043.0) | (972.8) | (1,111.7) | (1,141.5) | (647.7) | (686.0) | (684.1) | (1,035.4) | (825.5) | (803.3) | (1,076.8) | (1,185.9) | (1,083.5) | (1,093.9) | (1,006.0) | (1,125.0) | (667.4) | (575.2) | (738.5) | (668.2) | (421.9) | (865.3) | (805.2) | (728.9) | (551.0) | (467.6) | (511.7) | (460.2) | (320.2) | (310.8) | (409.2) | (365.7) | (217.6) | (206.1) | (210.4) | (245.9) | (132.2) | (108.6) | (119.8) | (107.6) | (129.3) | (132.1) | (140.1) | (188.9) | (262.5) | (257.1) | (38.6) | (44.4) | (31.9) |
| Metric | 2027 Q1 | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income | 260.9 | 244.2 | 236.2 | 200.3 | 228.2 | 195.6 | 185.8 | 171.0 | 161.7 | 147.4 | 135.2 | 111.6 | 131.5 | 188.5 | 108.5 | 90.6 | 100.1 | 97.1 | 105.9 | 108.9 | 115.6 | 102.9 | 97.0 | 93.6 | 86.6 | 66.2 | 82.2 | 79.2 | 73.4 | 71.2 | 64.1 | 50.3 | 44.3 | 40.7 | 34.9 | 38.6 | 36.0 | 21.7 | 21.6 | 13.0 | 12.5 | 17.6 | 10.5 | 13.4 | 13.0 | 13.3 | 10.3 | 9.6 | 7.2 | 6.2 | 6.5 | 6.0 | 4.8 | 5.7 | 5.7 |
| Depreciation & Amortization | 14.9 | 11.4 | 9.7 | 13.2 | 13.1 | 13.1 | 9.9 | 11.0 | 8.5 | 9.7 | 8.8 | 8.9 | 8.8 | 9.0 | 9.1 | 10.0 | 9.9 | 9.7 | 9.9 | 9.9 | 8.8 | 7.7 | 7 | 7 | 10.0 | 7.8 | 3.6 | 3.6 | 3.6 | 3.4 | 3.2 | 3.4 | 3.4 | 3.5 | 3.5 | 3.4 | 3.4 | 3.5 | 3.5 | 3.5 | 3.4 | 3.6 | 2.5 | 1.3 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 | 0.9 | 0.8 | 0.5 | 0.3 | 0.3 | 0.2 |
| Stock-Based Compensation | 0 | (1.8) | 120.3 | (1.9) | 0 | 0 | 117.9 | 108.4 | 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 | 11.0 | 0 | 8.1 | 7.2 | 6.7 | 5.6 | 4.8 | 4.1 | 3.6 | 3.4 | 3.3 | 2.9 | 2.1 | 1.2 | 0.7 | 0.2 | 0.2 |
| Change in Working Capital | 716.4 | (286.9) | (197.7) | (152.5) | 545.2 | (235.1) | (118.0) | (162.0) | 522.7 | (171.8) | (128.2) | 68.2 | 292.6 | (189.6) | (43.1) | (89.8) | 329.8 | (122.5) | (70.9) | (77.1) | 291.1 | (100.5) | (65.9) | (53.7) | 144.5 | (73.3) | (60.4) | (17.3) | 132.8 | (55.5) | (51.5) | 8.5 | 81.1 | (64.6) | (24.6) | (2.1) | 91.6 | (35.3) | (11.6) | (15.3) | 62.1 | (67.4) | 7.5 | (2.1) | 22.3 | (16.6) | 18.9 | (6.8) | 0.7 | (6.9) | (8.5) | (0.6) | 3.6 | (8.2) | (7.2) |
| Other Non-Cash Items | 120.6 | 125.1 | 5.8 | 120.3 | 118.1 | 116.9 | (0.1) | (2.3) | 97.2 | 97.7 | 100.2 | 101.6 | 94.5 | 98.5 | 99.3 | 103.4 | 73.6 | 68.9 | 70.1 | 70.5 | 57.6 | 55.8 | 59.2 | 59.0 | 42.2 | 46.8 | 35.7 | 34.0 | 26.0 | 23.5 | 23.9 | 23.8 | 21.8 | 19.7 | 18.5 | 18.0 | 12.3 | 12.2 | 0.7 | 23.0 | 23.2 | 42.4 | (7.4) | (2.9) | 0.9 | 1.0 | 1.2 | 9.6 | 6.3 | 13.8 | 4.5 | 0.1 | 3.6 | 1.1 | 3.9 |
| Operating Cash Flow | 1,127.1 | 106.8 | 192.8 | 238.4 | 877.2 | 69.5 | 164.1 | 92.9 | 763.5 | 57.8 | 82.6 | 265.0 | 505.9 | 63.4 | 142.7 | 93.4 | 481.0 | 54.1 | 113.0 | 119.1 | 478.4 | 68.4 | 95.4 | 105.3 | 282.2 | 39.1 | 61.5 | 100.5 | 236.3 | 31.9 | 41.6 | 86.8 | 150.6 | 1.4 | 32.2 | 57.6 | 142.2 | (2.1) | 25.0 | 11.7 | 109.4 | 3.4 | 19.7 | 15.2 | 41.8 | (1.4) | 34.3 | 16.6 | 18.1 | 16.2 | 5.3 | 7.2 | 13.0 | 7.0 | 9.7 |
| Investing Activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Expenditure | (1.8) | (7.0) | (6.3) | (6.3) | (5.9) | (4.7) | (4.3) | (3.1) | (8.5) | (7.7) | (5.9) | (9.6) | (3.0) | (3.9) | (5.6) | (1.7) | (2.3) | (3.9) | (2.3) | (5.3) | (2.7) | (0.2) | (3.3) | (5.1) | 0 | 0.1 | (0.9) | (1.1) | (1.2) | (2.9) | (4.2) | (0.7) | (0.7) | (1.5) | (1.6) | (2.5) | (4.0) | (2.6) | (1.5) | (0.9) | (2.2) | (2.3) | (4.6) | (10.5) | (4.7) | (1.0) | (0.9) | (25.0) | (0.5) | (0.4) | (1.2) | (1.2) | (0.2) | (0.2) | (0.5) |
| Acquisitions | (75.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (5.6) | 0 | (2.1) | 0 | 0 | 0 | (0.3) | 0.3 | (448.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.2) | (116.2) | (0.0) | (10.0) | (0.1) | (0.1) | (12.1) | (0.2) | (0.1) | 0 | (12.1) | 0 | 0 | 0 |
| Purchases of Investments | (982.3) | (746.9) | (933.3) | (785.8) | (667.1) | (375.4) | (814.2) | (614.5) | (777.8) | (555.9) | (541.5) | (988.1) | (612.5) | (280.6) | (710.8) | (433.1) | (572.3) | (181.4) | (256.0) | (422.7) | (256.9) | (104.8) | (417.9) | (267.7) | (188.8) | (123.7) | (190.7) | (209.2) | (228.9) | (137.3) | (214.8) | (181.1) | (193.2) | (87.1) | (207.3) | (87.2) | (56.2) | (41.1) | (89.8) | (116.2) | (67.7) | (51.2) | (94.2) | (67.1) | (100.8) | (68.2) | (103.8) | (94.8) | (135.1) | (14.3) | (4.3) | (1.4) | (1.4) | (4.5) | (9.9) |
| Sales/Maturities of Investments | 670.8 | 586.2 | 448.0 | 402.8 | 620.9 | 364.5 | 520.3 | 503.7 | 513.9 | 476.9 | 474.1 | 378.7 | 318.1 | 245.3 | 310.7 | 250.5 | 196.2 | 135.9 | 248.1 | 187.3 | 221.6 | 126.1 | 158.6 | 229.2 | 140.3 | 116.7 | 194.7 | 187.8 | 189.0 | 184.4 | 130.1 | 141.3 | 176.5 | 91.5 | 74.8 | 69.7 | 58.7 | 43.8 | 53.7 | 58.2 | 70.0 | 67.4 | 180.8 | 69.0 | 47.7 | 59.6 | 52.7 | 40.8 | 3.9 | 4.8 | 2.2 | 1.9 | 0.7 | 0 | 0 |
| Other Investing Activities | 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 | (0.1) | 0.0 | (0.1) | (0.2) | 86.6 | (0.7) | (0.0) | 0.1 | (0.1) | 12.2 | (0.2) | (1.8) | (0.7) | (0.1) | 0.0 | (0.1) | (0.3) |
| Investing Cash Flow | (388.7) | (167.8) | (495.2) | (389.3) | (52.1) | (15.7) | (298.2) | (113.8) | (272.4) | (86.7) | (73.3) | (618.9) | (297.4) | (39.3) | (405.7) | (184.2) | (378.5) | (55.2) | (10.2) | (242.8) | (37.9) | 21.1 | (262.6) | (43.9) | (48.2) | (455.3) | 2.7 | (22.8) | (41.5) | 43.8 | (89.4) | (40.8) | (17.6) | 2.5 | (134.4) | (20.5) | (2.3) | (0.1) | (37.7) | (58.9) | 0.1 | 13.9 | (34.2) | (8.6) | (67.8) | (9.2) | (52.0) | (79.0) | (131.8) | (9.9) | (3.2) | (12.6) | (0.8) | (4.8) | (10.5) |
| Financing Activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.3) | (0.6) | 0.1 | (0.3) | (0.2) | (0.3) | (0.2) | (0.2) | (0.2) | 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 | 0 |
| Stock Repurchased | (226.9) | (169.9) | 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 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | (0.0) | 0 | (0.0) | 0 | 0 | (0.0) | (0.0) | 0.5 | 0 | (0.5) | 0 | 0.5 | 0 | (0.5) | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (38.5) | (22.0) | (25.1) | (26.0) | (20.2) | (19.6) | (17.3) | (17.9) | (24.6) | (21.0) | (20.8) | (20.4) | (16.6) | (15.8) | (15.1) | (17.1) | (15.0) | (18.8) | (21.4) | (15.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.4 | 5.3 | 8.1 | 4.2 | 6.3 | 3.2 | 5.6 | 4.3 | 7.8 | 9.8 | 13.6 | 5.1 | 0.2 | 0.3 | 0.2 | 0.3 | 0.1 | 0.2 |
| Financing Cash Flow | (262.5) | (178.0) | 32.6 | 115.7 | 20.4 | 20.8 | 13.0 | (11.5) | 3.8 | (10.5) | (6.9) | 2.6 | (1.4) | (2.2) | (10.5) | (7.9) | 1.3 | (10.6) | (16.0) | 5.7 | 16.8 | 9.0 | 6.3 | 9.0 | 9.5 | 2.1 | 1.4 | 3.4 | 3.1 | 6.2 | 4.9 | 7.0 | 7.8 | 3.6 | 3.7 | 6.1 | 7.3 | 13.7 | 8.8 | 11.3 | 4.2 | 6.3 | 3.2 | 5.6 | 4.3 | 7.8 | 9.8 | 13.6 | 40.1 | (1.0) | 216.5 | (0.4) | 0.3 | 0.1 | 0.2 |
| Cash Position | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Change in Cash | 475.3 | (238.9) | (270.3) | (34.6) | 846.2 | 74.3 | (121.2) | (32.4) | 493.7 | (40.2) | 1.1 | (351.0) | 207.2 | 21.3 | (275.1) | (99.8) | 102.0 | (11.9) | 85.2 | (118.3) | 454.5 | 96.2 | (161.5) | 73.1 | 244.0 | (414.0) | 65.1 | 79.3 | 197.2 | 83.3 | (44.1) | 51.5 | 140.1 | 9.4 | (98.4) | 43.6 | 148.1 | 11.5 | (4.3) | (35.6) | 113.8 | 23.6 | (11.2) | 12.2 | (21.7) | (2.9) | (8.0) | (48.8) | (73.6) | 5.4 | 218.5 | (5.7) | 12.5 | 2.3 | (0.5) |
| Cash at Beginning | 1,421.2 | 1,660.1 | 1,930.4 | 1,965.0 | 1,121.0 | 1,046.7 | 1,167.9 | 1,200.4 | 706.7 | 743.7 | 745.8 | 1,096.8 | 889.6 | 868.3 | 1,143.4 | 1,243.2 | 1,141.2 | 1,153.1 | 1,067.9 | 1,186.2 | 731.7 | 635.5 | 797.0 | 723.8 | 479.8 | 893.8 | 828.7 | 749.4 | 552.2 | 468.8 | 512.9 | 461.4 | 321.4 | 310.8 | 409.2 | 365.7 | 217.6 | 206.1 | 210.4 | 245.9 | 132.2 | 108.6 | 119.8 | 107.6 | 129.3 | 132.1 | 140.1 | 188.9 | 262.5 | 257.1 | 38.6 | 44.4 | 31.9 | 29.6 | 30.2 |
| Cash at End | 1,896.6 | 1,423.4 | 1,660.1 | 1,930.4 | 1,967.2 | 1,121.0 | 1,046.7 | 1,167.9 | 1,200.4 | 703.5 | 746.9 | 745.8 | 1,096.8 | 889.6 | 868.3 | 1,143.4 | 1,243.2 | 1,141.2 | 1,153.1 | 1,067.9 | 1,186.2 | 731.7 | 635.5 | 797.0 | 723.8 | 479.8 | 893.8 | 828.7 | 749.4 | 552.2 | 468.8 | 512.9 | 461.4 | 320.2 | 310.8 | 409.2 | 365.7 | 217.6 | 206.1 | 210.4 | 245.9 | 132.2 | 108.6 | 119.8 | 107.6 | 129.3 | 132.1 | 140.1 | 188.9 | 262.5 | 257.1 | 38.6 | 44.4 | 31.9 | 29.6 |
| Free Cash Flow | 1,125.4 | 99.8 | 186.5 | 232.1 | 871.2 | 64.8 | 159.8 | 89.8 | 755.0 | 50.0 | 76.7 | 255.4 | 503.0 | 59.5 | 137.1 | 91.7 | 478.7 | 50.1 | 110.6 | 113.7 | 475.7 | 68.1 | 92.1 | 100.2 | 282.2 | 39.2 | 60.6 | 99.4 | 235.1 | 29.0 | 37.4 | 86.1 | 149.9 | (0.1) | 30.6 | 55.1 | 138.2 | (4.6) | 23.5 | 10.9 | 107.2 | 1.1 | 15.2 | 4.7 | 37.1 | (2.0) | 33.4 | (8.4) | 17.6 | 15.8 | 4.1 | 6.1 | 12.8 | 6.7 | 9.2 |
| Key Metrics | 2027 Q1 | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue | 882.9 | 836.0 | 811.2 | 789.1 | 759.0 | 720.9 | 699.2 | 676.2 | 650.3 | 630.6 | 616.5 | 590.2 | 526.3 | 563.4 | 552.4 | 534.2 | 505.1 | 485.5 | 476.1 | 455.6 | 433.6 | 396.8 | 377.5 | 353.7 | 337.1 | 311.5 | 280.9 | 266.9 | 244.8 | 232.3 | 224.7 | 209.6 | 195.5 | 186.0 | 176.1 | 167.8 | 159.8 | 150.2 | 142.8 | 131.3 | 119.8 | 114.3 | 106.9 | 98.1 | 89.9 | 87.0 | 83.8 | 75.7 | 66.7 | 62.8 | 55.0 | 49.6 | 42.8 | 39.8 | 35.8 |
| Gross Profit | 659.7 | 622.5 | 611.8 | 593.8 | 585.2 | 539.9 | 524.8 | 505.8 | 476.5 | 456.7 | 448.8 | 421.2 | 359.7 | 399.1 | 398.4 | 382.5 | 365.6 | 349.6 | 346.5 | 333.5 | 317.4 | 282.9 | 274.5 | 256.5 | 242.2 | 217.2 | 207.6 | 196.7 | 179.2 | 167.8 | 163.4 | 150.4 | 135.4 | 126.0 | 122.9 | 116.2 | 109.0 | 103.7 | 98.9 | 89.2 | 78.7 | 74.5 | 69.9 | 64.6 | 57.9 | 55.9 | 53.4 | 47.5 | 40.8 | 38.4 | 33.6 | 30.4 | 25.1 | 23.0 | 19.9 |
| Operating Income | 273.1 | 245.9 | 240.9 | 195.9 | 233.7 | 188.4 | 181.4 | 166.5 | 155.2 | 135.3 | 128.5 | 104.0 | 61.5 | 108.9 | 121.4 | 101.1 | 127.7 | 119.7 | 132.7 | 124.6 | 128.4 | 98.8 | 101.3 | 90.1 | 87.6 | 60.4 | 80.8 | 73.9 | 71.2 | 63.0 | 63.1 | 52.8 | 44.0 | 38.5 | 42.5 | 38.1 | 38.9 | 32.5 | 33.8 | 23.8 | 17.8 | 15.2 | 20.1 | 22.4 | 20.9 | 20.7 | 19.9 | 16.8 | 12.6 | 11.3 | 10.0 | 9.8 | 8.2 | 9.4 | 8.8 |
| Net Income | 260.9 | 244.2 | 236.2 | 200.3 | 228.2 | 195.6 | 185.8 | 171.0 | 161.7 | 147.4 | 135.2 | 111.6 | 131.5 | 188.5 | 108.5 | 90.6 | 100.1 | 97.1 | 105.9 | 108.9 | 115.6 | 102.9 | 97.0 | 93.6 | 86.6 | 66.2 | 82.2 | 79.2 | 73.4 | 71.2 | 64.1 | 50.3 | 44.3 | 33.7 | 34.4 | 37.8 | 36.0 | 21.7 | 21.6 | 13.0 | 12.5 | 17.6 | 10.5 | 13.4 | 13.0 | 13.3 | 10.3 | 9.6 | 7.2 | 6.2 | 6.5 | 6.0 | 4.8 | 5.7 | 5.7 |
| EPS (Diluted) | 1.57 | 1.45 | 1.40 | 1.19 | 1.37 | 1.17 | 1.13 | 1.04 | 0.98 | 0.90 | 0.83 | 0.68 | 0.81 | 1.16 | 0.67 | 0.56 | 0.62 | 0.60 | 0.65 | 0.67 | 0.71 | 0.64 | 0.60 | 0.58 | 0.54 | 0.42 | 0.52 | 0.50 | 0.47 | 0.45 | 0.41 | 0.32 | 0.29 | 0.22 | 0.23 | 0.25 | 0.24 | 0.15 | 0.15 | 0.09 | 0.09 | 0.12 | 0.07 | 0.09 | 0.09 | 0.09 | 0.07 | 0.07 | 0.05 | 0.04 | 0.05 | 0.01 | 0.01 | 0.05 | 0.01 |
| Balance Sheet | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 1,896.6 | 1,421.2 | 1,660.1 | 1,930.4 | 1,965.0 | 1,118.8 | 1,044.5 | 1,165.8 | 1,197.2 | 703.5 | 743.7 | 742.6 | 1,093.6 | 886.5 | 865.2 | 1,140.2 | 1,240.0 | 1,138.0 | 1,149.9 | 1,064.7 | 1,185.0 | 730.5 | 634.3 | 795.8 | 720.8 | 476.7 | 892.6 | 827.5 | 748.2 | 551.0 | 467.6 | 511.7 | 460.2 | 320.2 | 310.8 | 409.2 | 365.7 | 217.6 | 206.1 | 210.4 | 245.9 | 132.2 | 108.6 | 119.8 | 107.6 | 129.3 | 132.1 | 140.1 | 188.9 | 262.5 | 257.1 | 38.6 | 44.4 | 31.9 | |
| Total Assets | 9,129.6 | 8,979.3 | 8,097.2 | 7,999.4 | 7,765.1 | 7,339.8 | 6,452.9 | 6,330.8 | 6,187.6 | 5,910.9 | 5,225.8 | 5,228.1 | 5,023.4 | 4,804.3 | 4,182.7 | 4,116.6 | 4,011.2 | 3,816.5 | 3,367.5 | 3,351.4 | 3,222.1 | 3,046.1 | 2,583.6 | 2,516.4 | 2,404.6 | 2,271.8 | 1,900.4 | 1,859.9 | 1,776.1 | 1,653.8 | 1,397.3 | 1,364.6 | 1,317.7 | 1,200.5 | 1,046.2 | 1,035.9 | 996.2 | 917.7 | 788.5 | 787.2 | 751.8 | 705.8 | 625.0 | 591.6 | 568.7 | 544.9 | 492.6 | 464.2 | 435.1 | 370.3 | 345.3 | 112.6 | 103.4 | 89.8 | |
| Total Debt | 103.1 | 95.9 | 89.8 | 85.4 | 77.2 | 75.8 | 71.7 | 54.1 | 55.7 | 55.8 | 57.7 | 58.5 | 58.2 | 61.0 | 61.9 | 63.5 | 54.1 | 54.6 | 56.0 | 58.7 | 60.0 | 63.1 | 59.0 | 57.3 | 52.6 | 54.8 | 27.3 | 22.2 | 19.3 | 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 | |
| Stockholders' Equity | 7,304.4 | 7,214.8 | 7,040.6 | 6,638.5 | 6,211.1 | 5,832.4 | 5,501.4 | 5,184.7 | 4,889.4 | 4,644.8 | 4,379.8 | 4,152.6 | 3,943.1 | 3,716.3 | 3,418.8 | 3,243.9 | 3,068.3 | 2,911.6 | 2,769.4 | 2,620.1 | 2,445.0 | 2,266.3 | 2,106.4 | 1,956.7 | 1,801.0 | 1,665.6 | 1,558.6 | 1,445.0 | 1,335.1 | 1,237.7 | 1,138.3 | 1,050.4 | 974.4 | 871.5 | 818.5 | 766.6 | 709.4 | 653.0 | 605.9 | 565.1 | 530.5 | 505.2 | 474.0 | 453.6 | 428.9 | 406.8 | 381.2 | 357.4 | 330.3 | 280.1 | 270.6 | 47.4 | 39.9 | 34.0 | |
| Cash Flow | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | 1,127.1 | 106.8 | 192.8 | 238.4 | 877.2 | 69.5 | 164.1 | 92.9 | 763.5 | 57.8 | 82.6 | 265.0 | 505.9 | 63.4 | 142.7 | 93.4 | 481.0 | 54.1 | 113.0 | 119.1 | 478.4 | 68.4 | 95.4 | 105.3 | 282.2 | 39.1 | 61.5 | 100.5 | 236.3 | 31.9 | 41.6 | 86.8 | 150.6 | 1.4 | 32.2 | 57.6 | 142.2 | (2.1) | 25.0 | 11.7 | 109.4 | 3.4 | 19.7 | 15.2 | 41.8 | (1.4) | 34.3 | 16.6 | 18.1 | 16.2 | 5.3 | 7.2 | 13.0 | 7.0 | 9.7 |
| Capital Expenditure | (1.8) | (7.0) | (6.3) | (6.3) | (5.9) | (4.7) | (4.3) | (3.1) | (8.5) | (7.7) | (5.9) | (9.6) | (3.0) | (3.9) | (5.6) | (1.7) | (2.3) | (3.9) | (2.3) | (5.3) | (2.7) | (0.2) | (3.3) | (5.1) | 0 | 0.1 | (0.9) | (1.1) | (1.2) | (2.9) | (4.2) | (0.7) | (0.7) | (1.5) | (1.6) | (2.5) | (4.0) | (2.6) | (1.5) | (0.9) | (2.2) | (2.3) | (4.6) | (10.5) | (4.7) | (1.0) | (0.9) | (25.0) | (0.5) | (0.4) | (1.2) | (1.2) | (0.2) | (0.2) | (0.5) |
| Free Cash Flow | 1,125.4 | 99.8 | 186.5 | 232.1 | 871.2 | 64.8 | 159.8 | 89.8 | 755.0 | 50.0 | 76.7 | 255.4 | 503.0 | 59.5 | 137.1 | 91.7 | 478.7 | 50.1 | 110.6 | 113.7 | 475.7 | 68.1 | 92.1 | 100.2 | 282.2 | 39.2 | 60.6 | 99.4 | 235.1 | 29.0 | 37.4 | 86.1 | 149.9 | (0.1) | 30.6 | 55.1 | 138.2 | (4.6) | 23.5 | 10.9 | 107.2 | 1.1 | 15.2 | 4.7 | 37.1 | (2.0) | 33.4 | (8.4) | 17.6 | 15.8 | 4.1 | 6.1 | 12.8 | 6.7 | 9.2 |