VSEC - VSE Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$251.60
DETAILS
HIGH:
$268.00
LOW:
$230.00
MEDIAN:
$260.00
CONSENSUS:
$251.60
UPSIDE:
24.23%
| 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 | 1,112.3 | 1,080.1 | 860.5 | 669.4 | 750.9 | 661.7 | 752.6 | 697.2 | 760.1 | 691.8 | 534.0 | 424.1 | 471.6 | 546.8 | 618.6 | 866.0 | 1,014.6 | 1,043.7 | 653.2 | 363.7 | 280.1 | 216.0 | 134.5 | 134.4 | 111.6 | 122.3 | 157.4 | 180.2 | 155.9 | 120.1 | 75.1 | 65.6 | 79.6 | 78.3 | 68.3 | 99.6 | 109.8 | 115.1 | 111.3 | 100.6 |
| Cost of Revenue | 980.1 | 971.9 | 764.9 | 612.2 | 725.7 | 603.8 | 688.2 | 641.0 | 703.4 | 633.7 | 480.2 | 383.0 | 424.2 | 490.7 | 576.6 | 825.6 | 974.9 | 1,011.4 | 629.4 | 351.0 | 269.8 | 209.8 | 130.9 | 132.3 | 110.0 | 118.4 | 150.8 | 174.4 | 152.5 | 114.6 | 70.2 | 60.4 | 74.6 | 72.7 | 64.7 | 95.7 | 105.5 | 109.7 | 96.5 | 88.5 |
| Gross Profit | 132.1 | 108.2 | 95.6 | 57.2 | 25.1 | 57.9 | 64.4 | 56.2 | 56.8 | 58.1 | 53.8 | 41.1 | 47.4 | 56.1 | 41.9 | 40.4 | 39.7 | 32.3 | 23.8 | 12.8 | 10.4 | 6.2 | 3.6 | 2.1 | 1.6 | 3.9 | 6.6 | 5.8 | 3.4 | 5.5 | 4.9 | 5.2 | 5 | 5.6 | 3.6 | 3.9 | 4.3 | 5.4 | 14.8 | 12.1 |
| 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 | 7.1 | 5.5 | 3.9 | 3.6 | 3.6 | 1.4 | 1.9 | 3.1 | 2.4 | 6.6 | 3.3 | 3.2 | 3.3 | 4.0 | 3.5 | 2.2 | 1.3 | 1.2 | 1.5 | 0.7 | 0.6 | 0.6 | 0.4 | 0.3 | 0.2 | 0.2 | 0.7 | 0.8 | 0.9 | 0.5 | 0.8 | 1.6 | 1.8 | 2 | 0 | 0 | 0 | 0 | 9.5 | 5.1 |
| 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 | 1.6 | 1.9 | 1.9 | 4.1 | 1.5 | 1.3 | 1.1 | 1.3 | 1.4 | 1.4 | 1.9 | 1.8 | 1.8 | 1.3 | 0.9 |
| Operating Expenses | 7.1 | 5.5 | 3.9 | 3.6 | 3.6 | 1.4 | 1.9 | 3.1 | 2.4 | 6.6 | 3.3 | 3.2 | 3.3 | 4.0 | 3.5 | 2.2 | 1.3 | 1.2 | 1.5 | 0.7 | 0.6 | 0.6 | 0.4 | 0.3 | 0.2 | 1.8 | 2.6 | 2.7 | 5 | 2 | 2.1 | 2.7 | 3.1 | 3.4 | 1.4 | 1.9 | 1.8 | 1.8 | 10.8 | 6 |
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | 125.0 | 102.7 | 91.7 | 53.6 | 21.5 | 56.5 | 62.6 | 53.1 | 54.3 | 51.5 | 50.5 | 37.8 | 44.1 | 52.1 | 38.5 | 38.2 | 38.5 | 31.1 | 22.3 | 12.1 | 9.8 | 5.5 | 3.2 | 1.7 | 1.3 | 2.1 | 4 | 3.1 | (1.6) | 3.5 | 2.8 | 2.5 | 1.9 | 2.2 | 2.2 | 2 | 2.5 | 3.6 | 4 | 6.1 |
| Interest Expense | 20.6 | 34.9 | 31.1 | 17.9 | 12.1 | 13.5 | 13.8 | 9.0 | 9.2 | 9.9 | 9.5 | 4.0 | 5.8 | 7.2 | 3.7 | 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 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 | 0.1 | 0.7 | 0.4 | 0.2 | 0.1 | 0.1 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | 129.5 | 110.2 | 111.4 | 78.2 | 47.1 | 38.1 | 87.2 | 79.5 | 80.2 | 77.6 | 75.6 | 55.7 | 64.1 | 72.2 | 51.8 | 47.1 | 46.2 | 36.7 | 26.5 | 14.4 | 11.4 | 6.9 | 4.4 | 4.1 | 2.7 | 3.7 | 5.9 | 5 | 2.5 | 5 | 4.1 | 3.6 | 3.2 | 3.6 | 3.6 | 3.9 | 4.3 | 5.4 | 5.3 | 7 |
| EBIT | 89.6 | 81.4 | 88.0 | 53.6 | 21.5 | 13.9 | 60.3 | 54.2 | 54.3 | 51.5 | 50.0 | 36.9 | 44.1 | 51.1 | 36.7 | 38.2 | 38.6 | 31.2 | 23.0 | 12.5 | 10.0 | 5.6 | 3.3 | 2.7 | 1.3 | 2.1 | 4 | 5 | 4.4 | 3.5 | 3 | 2.5 | 1.9 | 2.2 | 2.2 | 2 | 2.5 | 3.6 | 4 | 6.1 |
| Income Before Tax | 69.0 | 46.5 | 56.9 | 35.7 | 9.5 | 0.4 | 46.4 | 45.2 | 45.1 | 41.7 | 41.0 | 32.9 | 38.3 | 43.9 | 33.0 | 38.0 | 38.6 | 31.2 | 23.0 | 12.5 | 10.0 | 5.6 | 3.3 | 1.1 | 1.3 | 2.2 | 2.4 | 2.7 | (2) | 2.9 | 2.7 | 2.6 | 1.9 | 2.1 | (0.4) | 2.1 | 2.5 | 3.6 | 3.9 | 5.8 |
| Income Tax Expense | 15.5 | 10.0 | 13.8 | 9.1 | 1.5 | 5.6 | 9.4 | 10.2 | 6.0 | 14.9 | 16.1 | 12.5 | 14.3 | 16.5 | 12.4 | 14.3 | 14.6 | 12.2 | 8.9 | 4.7 | 3.8 | 2.2 | 1.3 | 0.5 | 0.4 | 0.8 | 0.9 | 1.1 | (0.6) | 1 | 1.1 | 1 | 0.7 | 0.8 | 0.2 | 0.2 | 0.4 | 0.8 | 1.3 | 2.5 |
| Net Income | 53.5 | 30.5 | 39.1 | 28.1 | 8.0 | (5.2) | 37.0 | 35.1 | 39.1 | 26.8 | 24.9 | 19.4 | 22.9 | 21.3 | 20.6 | 23.7 | 24.0 | 19.0 | 14.1 | 7.8 | 6.2 | 3.4 | 2.0 | 0.7 | 0.9 | 1.0 | 1.5 | 1.6 | (1.4) | 1.7 | 1.6 | 1.6 | 1.5 | 2.1 | (4.7) | 1.9 | 2.1 | 2.8 | 2.6 | 3.3 |
| Per Share Data | ||||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 2.52 | 1.71 | 2.77 | 2.20 | 0.63 | -0.47 | 3.38 | 3.23 | 3.61 | 2.48 | 2.32 | 1.81 | 2.15 | 2.02 | 1.97 | 2.28 | 2.34 | 1.88 | 1.43 | 0.82 | 0.67 | 0.39 | 0.23 | 0.07 | 0.10 | 0.12 | 0.18 | 0.19 | -0.16 | 0.20 | 0.19 | 0.18 | 0.17 | 0.14 | -0.28 | 0.11 | 0.12 | 0.16 | 0.14 | 0.18 |
| EPS (Diluted) | 2.52 | 1.70 | 2.76 | 2.19 | 0.63 | -0.47 | 3.35 | 3.21 | 3.60 | 2.47 | 2.31 | 1.81 | 2.14 | 2.01 | 1.95 | 2.27 | 2.34 | 1.87 | 1.41 | 0.81 | 0.65 | 0.37 | 0.23 | 0.07 | 0.10 | 0.12 | 0.18 | 0.19 | -0.16 | 0.20 | 0.19 | 0.18 | 0.17 | 0.14 | -0.28 | 0.11 | 0.12 | 0.16 | 0.14 | 0.18 |
| Shares Outstanding | 21.2 | 17.9 | 14.1 | 12.8 | 12.6 | 11.0 | 11.0 | 10.9 | 10.8 | 10.8 | 10.7 | 10.7 | 10.7 | 10.6 | 10.5 | 10.4 | 10.3 | 10.1 | 9.9 | 9.5 | 9.3 | 8.9 | 8.7 | 8.7 | 8.5 | 8.5 | 8.5 | 8.5 | 8.5 | 8.7 | 8.7 | 8.9 | 9.1 | 17.5 | 16.9 | 17.7 | 17.9 | 18.1 | 17.9 | 18.6 |
| 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 | 69.4 | 29.0 | 7.8 | 0.3 | 0.5 | 0.4 | 0.7 | 0.2 | 0.6 | 0.4 | 0.7 | 0.3 | 0.2 | 1.5 | 0.5 | 5.8 | 8.0 | 0.6 | 0.1 | 8.7 | 12.7 | 0.1 | 9.8 | 4.2 | 0.2 | 0.6 | 0.1 | 0 | 0 | 0.5 | 0.7 | 3.1 | 1 | 0.8 | 0.2 | 1.7 | 9.2 | 10.2 | 9.8 | 10.2 |
| Short-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 |
| Net Receivables | 232.2 | 227.5 | 136.0 | 98.0 | 111.3 | 80.5 | 116.9 | 101.3 | 98.3 | 101.2 | 78.5 | 59.4 | 78.4 | 90.6 | 117.6 | 156.9 | 175.2 | 206.7 | 132.4 | 67.0 | 43.9 | 40.6 | 21.8 | 17.5 | 20.8 | 19.2 | 19.4 | 27.6 | 24.7 | 33.7 | 16.4 | 10.9 | 15.2 | 12.9 | 13.1 | 20.6 | 30.9 | 29.9 | 28.5 | 31.1 |
| Inventory | 553.8 | 576.3 | 500.9 | 380.7 | 322.7 | 253.4 | 218.6 | 166.4 | 132.6 | 136.3 | 109.1 | 49.4 | 39.3 | 41.6 | 42.0 | 1.6 | 2.0 | 2.3 | 1.2 | 4.5 | 4.3 | 8.5 | 0.8 | 1.3 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2.3 | 2.1 |
| Other Current Assets | 37.9 | 42.0 | 129.4 | 69.7 | 14.9 | 20.6 | 19.1 | 13.4 | 17.0 | 20.5 | 9.1 | 13.4 | 11.5 | 12.3 | 18.4 | 11.2 | 10.0 | 13.2 | 2.8 | 2.5 | 3.2 | 2.3 | 1.4 | 1.2 | 2.0 | 2.4 | 1.8 | 1.7 | 2.2 | 2.3 | 1.9 | 2.4 | 2.1 | 2.1 | 9.1 | 5.7 | 2.6 | 4.4 | 1.5 | (0.1) |
| Total Current Assets | 893.3 | 874.8 | 774.0 | 548.9 | 464.0 | 355.0 | 355.3 | 281.2 | 248.5 | 258.5 | 201.4 | 122.4 | 129.4 | 146.0 | 178.4 | 173.9 | 193.2 | 220.6 | 136.5 | 83.6 | 64.2 | 51.6 | 33.9 | 24.3 | 23.7 | 22.2 | 21.3 | 29.3 | 26.9 | 36.5 | 19 | 16.4 | 18.3 | 15.8 | 22.4 | 28 | 42.7 | 46.5 | 42.1 | 43.3 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 141.2 | 138.9 | 86.8 | 82.4 | 69.8 | 56.9 | 64.4 | 49.6 | 55.1 | 62.1 | 64.3 | 52.9 | 57.7 | 62.5 | 57.1 | 42.3 | 24.7 | 21.5 | 14.9 | 8.4 | 4.6 | 4.4 | 3.0 | 3.5 | 4.2 | 3.3 | 4.4 | 5.1 | 5 | 5.1 | 4.5 | 3.1 | 3.5 | 3.7 | 3.8 | 25.1 | 23.2 | 15.8 | 11 | 8.9 |
| Goodwill | 641.2 | 491.5 | 351.8 | 248.8 | 248.8 | 238.1 | 276.4 | 198.6 | 198.6 | 198.6 | 198.5 | 92.1 | 92.1 | 92.1 | 98.9 | 36.3 | 19.5 | 17.4 | 5.2 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 296.0 | 197.3 | 114.1 | 90.6 | 108.3 | 103.6 | 132.2 | 94.9 | 110.9 | 126.9 | 143.0 | 72.2 | 82.3 | 92.4 | 106.5 | 25.0 | 9.3 | 11.2 | 8.0 | 0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.8 | 2.1 | 1.3 | 2.8 | 3.1 | 3.4 | 3.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.2 | 0.2 |
| Long-Term Investments | 28.3 | 4.1 | 2.8 | 6.6 | 7.0 | 9.9 | 0 | 0 | 0 | 0 | (3.6) | (1.8) | 0 | 0 | 0 | 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 |
| Other Non-Current Assets | 28.5 | 28.1 | 20.8 | (8.4) | (6.9) | 1.6 | 17.5 | 14.5 | 15.8 | 15.8 | 14.9 | 15.8 | 16.5 | 15.2 | 13.3 | 10.1 | 7.2 | 5.3 | 5.2 | 4.3 | 3.4 | 3.0 | 2.5 | 2.4 | 2.6 | 3.8 | 4.3 | 3.5 | 3 | 3.3 | 1.7 | 1.8 | 1.7 | 1.3 | 8.1 | 6.5 | 6.3 | 9.4 | 4.6 | 4.3 |
| Total Non-Current Assets | 1,135.2 | 859.8 | 576.3 | 450.9 | 454.6 | 425.1 | 490.5 | 357.6 | 380.5 | 403.4 | 420.8 | 233.0 | 251.1 | 264.2 | 276.1 | 114.6 | 60.8 | 55.4 | 35.3 | 14.9 | 9.7 | 8.8 | 6.9 | 7.4 | 9.5 | 9.3 | 10 | 11.4 | 11.1 | 11.8 | 10.1 | 4.9 | 5.2 | 5 | 11.9 | 31.6 | 29.5 | 25.4 | 15.8 | 13.4 |
| Total Assets | 2,028.6 | 1,734.6 | 1,350.3 | 999.8 | 918.6 | 780.1 | 845.9 | 638.8 | 629.0 | 661.8 | 622.1 | 355.3 | 380.5 | 410.2 | 454.5 | 288.4 | 254.0 | 276.0 | 171.8 | 98.5 | 73.9 | 60.4 | 40.8 | 31.7 | 33.2 | 31.5 | 31.3 | 40.7 | 38 | 48.3 | 29.1 | 21.3 | 23.5 | 20.8 | 34.3 | 59.6 | 72.2 | 71.9 | 57.9 | 56.7 |
| Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Account Payables | 154.5 | 187.6 | 173.0 | 128.5 | 115.1 | 72.7 | 68.1 | 57.4 | 66.0 | 94.0 | 40.1 | 29.4 | 31.8 | 30.1 | 50.4 | 75.7 | 113.0 | 158.0 | 88.6 | 44.3 | 29.8 | 26.4 | 14.6 | 8.8 | 10.6 | 8.7 | 8.2 | 12.1 | 10.2 | 13.5 | 3.2 | 2.5 | 2.8 | 2.5 | 2.6 | 3.7 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 13.8 | 30 | 22.5 | 10 | 14.2 | 20.4 | 16.9 | 11.1 | 7.0 | 21.0 | 17.3 | 24.8 | 24.8 | 23.3 | 18.6 | 6.7 | 0 | 6.7 | 0.1 | 0 | 0 | 1.6 | 0 | 0 | 0 | 0 | 0 | 1.3 | 0.6 | 0 | 0 | 0 | 0 | 0 | 0 | 14.6 | 24.9 | 21.8 | 9.4 | 11.5 |
| Deferred Revenue | 6.9 | 4.5 | 2.8 | 1.0 | 8.2 | 10.9 | 6.4 | 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 | 0 | 0 | 0 |
| Other Current Liabilities | 38.5 | 32.5 | 67.9 | 68.0 | 7.6 | 6.9 | 41.8 | 11.8 | 17.7 | 12.7 | 20.4 | 16.5 | 7.5 | 8.2 | 4.2 | 36.9 | 29.2 | 10.7 | 8.1 | 4.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 5.2 | 6 | 6.2 | 6.2 | 5.9 | 5.8 | 5.8 | 6.1 | 5.4 | 6.3 | 6.3 | 14.2 | 14.1 | 14.1 | 11.3 |
| Total Current Liabilities | 237.5 | 281.8 | 286.9 | 224.6 | 180.0 | 139.2 | 164.2 | 104.9 | 114.0 | 148.4 | 97.0 | 87.5 | 81.7 | 81.0 | 107.3 | 119.3 | 147.3 | 196.4 | 111.7 | 58.0 | 42.1 | 36.0 | 20.5 | 13.5 | 14.9 | 13.9 | 14.2 | 19.6 | 17 | 19.4 | 9 | 8.3 | 8.9 | 7.9 | 8.9 | 24.6 | 39.1 | 35.9 | 23.5 | 22.8 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | 285.3 | 400.2 | 406.8 | 276.3 | 270.4 | 230.7 | 253.1 | 151.1 | 165.6 | 193.6 | 215.2 | 23.6 | 64.5 | 116.4 | 144.8 | 11.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | 0 | 0 | 5.4 | 7.1 | 12.7 | 5 | 0 | 2.7 | 2.2 | 2.8 | 7.7 | 7.6 | 8.1 | 5.8 | 5.8 |
| Deferred Tax Liabilities | 12.4 | 0 | 7.0 | 4.8 | 9.1 | 14.9 | 17.9 | 18.5 | 19.4 | 29.9 | 31.5 | 1.6 | 0 | 0 | 0 | 0 | 3.4 | 2.5 | 0.8 | 0.8 | 0 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.5 | 0.3 | 2 | 4.1 | 5.3 |
| Other Non-Current Liabilities | 10.9 | 16.3 | 7.9 | 25.4 | 14.6 | 16.1 | 23.1 | 17.0 | 16.3 | 0 | 10.2 | 12.6 | 10.3 | 10.4 | 24.9 | 14.0 | 5.0 | 3.0 | 3.7 | 2.3 | 1.6 | 1.3 | 1.2 | 1.1 | 1.5 | 1.8 | 2 | 1.8 | 1.4 | 1.6 | 1.5 | 0.9 | 1.1 | 1.1 | 0.9 | 0 | 0 | 0 | 0 | (0.1) |
| Total Non-Current Liabilities | 352.3 | 464.6 | 446.7 | 325.7 | 321.3 | 284.5 | 318.6 | 205.6 | 221.9 | 258.2 | 291.4 | 62.3 | 112.0 | 164.9 | 203.6 | 45.4 | 5.4 | 5.5 | 4.5 | 3.2 | 1.6 | 2.1 | 1.2 | 1.1 | 1.8 | 1.8 | 2 | 7.2 | 8.5 | 14.3 | 6.5 | 0.9 | 3.8 | 3.3 | 3.8 | 8.2 | 7.9 | 10.1 | 9.9 | 11 |
| Total Liabilities | 589.8 | 746.4 | 733.6 | 550.3 | 501.2 | 423.8 | 482.8 | 310.4 | 335.9 | 406.6 | 388.0 | 149.8 | 193.7 | 245.9 | 310.9 | 164.7 | 152.7 | 199.8 | 115.4 | 60.3 | 43.7 | 37.3 | 21.7 | 14.6 | 16.7 | 15.7 | 16.2 | 26.8 | 25.5 | 33.7 | 15.5 | 9.2 | 12.7 | 11.2 | 12.7 | 32.8 | 47 | 46 | 33.4 | 33.8 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||||||||
| Common Stock | 1.2 | 1.0 | 0.8 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 395.6 | 392.5 | 384.7 | 351.3 | 328.4 | 325.1 | 334.2 | 301.1 | 267.9 | 231.7 | 207.5 | 184.9 | 167.6 | 146.6 | 127.0 | 107.8 | 85.3 | 62.3 | 44.2 | 30.8 | 23.7 | 18.1 | 15.0 | 13.4 | 13.1 | 12.6 | 11.9 | 10.7 | 9.4 | 22.8 | 21.4 | 20 | 18.8 | 17.6 | 15.8 | 21 | 19.6 | 19.9 | 17.5 | 15.6 |
| Accumulated Other Comprehensive Income | 0.5 | 3.1 | 2.1 | 5.0 | (0.2) | (1.2) | (1.1) | 0.1 | 0.2 | 0.0 | (0.1) | 0 | (0.2) | (0.7) | (0.7) | (22.9) | (17.4) | (12.9) | (11.5) | (9.4) | (0.0) | (0.0) | (0.0) | (6.5) | (6.8) | (8.8) | (11) | (11) | (11.3) | (9.9) | (9.9) | (9.5) | (8.8) | (9.3) | (8.4) | (10) | (8.5) | (7.1) | (5.8) | (5.7) |
| Total Stockholders' Equity | 1,438.8 | 988.2 | 616.7 | 449.5 | 417.3 | 356.3 | 363.1 | 328.4 | 293.1 | 255.2 | 229.3 | 205.5 | 186.8 | 164.3 | 143.6 | 123.8 | 101.3 | 76.1 | 56.4 | 38.2 | 30.2 | 23.0 | 19.1 | 17.0 | 16.5 | 15.8 | 15.1 | 13.9 | 12.5 | 14.6 | 13.6 | 12.1 | 10.8 | 9.6 | 21.6 | 26.8 | 25.2 | 25.9 | 24.5 | 22.9 |
| Total Liabilities & Equity | 2,028.6 | 1,734.6 | 1,350.3 | 999.8 | 918.6 | 780.1 | 845.9 | 638.8 | 629.0 | 661.8 | 617.4 | 355.3 | 380.5 | 410.2 | 454.5 | 288.4 | 254.0 | 278.1 | 172.6 | 99.4 | 73.9 | 61.1 | 40.8 | 31.7 | 33.2 | 31.5 | 31.3 | 40.7 | 38 | 48.3 | 29.1 | 21.3 | 23.5 | 20.8 | 34.3 | 59.6 | 72.2 | 71.9 | 57.9 | 56.7 |
| Debt Metrics | ||||||||||||||||||||||||||||||||||||||||
| Total Debt | 342.8 | 485.2 | 459.3 | 308.6 | 317.7 | 277.9 | 298.2 | 181.1 | 193.2 | 236.6 | 256.9 | 73.0 | 115.0 | 167.1 | 197.3 | 38.0 | 1.1 | 6.7 | 0.1 | 0 | 0 | 1.6 | 0 | 0 | 0.4 | 0 | 0 | 6.7 | 7.7 | 12.7 | 5 | 0 | 2.7 | 2.2 | 2.8 | 22.3 | 32.5 | 29.9 | 15.2 | 17.3 |
| Net Debt | 273.4 | 456.2 | 451.5 | 308.3 | 317.2 | 277.5 | 297.4 | 180.9 | 192.5 | 236.2 | 256.2 | 72.7 | 114.8 | 165.6 | 196.8 | 32.3 | (6.9) | 6.0 | (0.0) | (8.7) | (12.7) | 1.4 | (9.8) | (4.2) | 0.1 | (0.6) | (0.1) | 6.7 | 7.7 | 12.2 | 4.3 | (3.1) | 1.7 | 1.4 | 2.6 | 20.6 | 23.3 | 19.7 | 5.4 | 7.1 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||||
| Net Income | 53.5 | 15.3 | 39.1 | 28.1 | 8.0 | (5.2) | 37.0 | 35.1 | 39.1 | 26.8 | 24.9 | 19.4 | 22.9 | 21.3 | 20.6 | 23.7 | 24.0 | 19.0 | 14.1 | 7.8 | 6.2 | 3.4 | 2.0 | 0.7 | 0.9 | 1.0 | 1.5 | 1.6 | (1.4) | 1.7 | 1.6 | 1.6 | 1.2 | 1.3 | (4.7) | 1.9 |
| Depreciation & Amortization | 39.9 | 28.8 | 23.4 | 25.6 | 25.6 | 24.1 | 26.9 | 25.2 | 25.9 | 26.0 | 25.5 | 18.8 | 20.0 | 21.2 | 15.1 | 8.9 | 7.6 | 5.4 | 3.5 | 1.9 | 1.4 | 1.3 | 1.2 | 1.4 | 1.4 | 1.6 | 1.9 | 1.9 | 4.1 | 1.5 | 1.3 | 1.1 | 1.3 | 1.4 | 1.4 | 1.9 |
| Stock-Based Compensation | 0 | 8.3 | 7.7 | 4.5 | 3.9 | 2.9 | 3.3 | 3.0 | 3.1 | 2.1 | 2.1 | 1.7 | 1.6 | 0.7 | 1.0 | 1.7 | 1.2 | 1.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (113.1) | (106.9) | (92.4) | (50.1) | (75.1) | (22.1) | (50.6) | (41.4) | (7.1) | (5.3) | (15.5) | 3.6 | 11.8 | 12.9 | (1.2) | (15.9) | (8.4) | (3.8) | (9.1) | (7.7) | 7.6 | (13.6) | 2.5 | 2.6 | (0.7) | (0.7) | 0.4 | (0.6) | 6.9 | (8.4) | (4.3) | 3.4 | (1.2) | 0.2 | 3 | 7 |
| Other Non-Cash Items | 46.8 | 33.4 | 2.3 | 1.2 | 24.4 | 35.9 | 1.9 | (1.7) | 71.8 | (1.3) | 0.4 | 3.2 | 1.2 | 4.6 | (2.5) | 0.1 | (0.7) | 0.0 | 0.6 | 0.3 | 0.8 | 0.4 | 0.0 | 0.6 | (0.3) | 0.2 | (0.1) | 0.1 | (0.2) | 0.3 | 0.4 | 0.2 | 0.1 | 0.1 | 2.4 | (1.5) |
| Operating Cash Flow | 27.0 | (31.0) | (21.8) | 8.1 | (17.6) | 35.8 | 18.0 | 18.9 | 50.4 | 47.2 | 37.6 | 49.7 | 56.6 | 59.5 | 34.3 | 17.8 | 24.4 | 22.9 | 8.2 | 1.6 | 15.6 | (8.7) | 6.4 | 5.0 | 1.4 | 2.0 | 4.2 | 3.4 | 8.1 | (4.4) | (0.4) | 6.1 | 1.3 | 3.1 | 2.1 | 9.4 |
| Investing Activities | ||||||||||||||||||||||||||||||||||||
| Capital Expenditure | (21.3) | (20.7) | (18.7) | (11.2) | (10.5) | (4.4) | (9.6) | (3.1) | (3.7) | (6.5) | (10.6) | (3.4) | (4.4) | (20.9) | (6.6) | (4.8) | (8.6) | (10.0) | (8.7) | (5.6) | (1.7) | (2.7) | (0.7) | (0.5) | (2.0) | (0.4) | (1.2) | (1.6) | (2.2) | (2.5) | (2.1) | (0.7) | (1.1) | (1.4) | (0.9) | (3.8) |
| Acquisitions | (255.2) | (283.1) | (218.6) | 0 | (53.3) | 21.8 | (113.2) | 1.7 | 0.7 | (0.1) | (195.1) | 0 | 0 | (4.6) | (174.9) | (30.2) | (1.6) | (18.8) | (11.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 |
| Purchases of 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 | (0.7) |
| Sales/Maturities of 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 | 5.5 |
| Other Investing Activities | 0 | 40.2 | 1.6 | 8.8 | 2.2 | 2.9 | 0.0 | 0.1 | 0.7 | 0.1 | 0.5 | 0 | 0 | (4.6) | (1.3) | (1.7) | (1.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.7) | 0.1 | 0 | (0.5) | (0.2) | (4.5) | 0 | 0 | 0 | 6.1 | 0.3 |
| Investing Cash Flow | (276.5) | (263.7) | (235.7) | (2.4) | (61.6) | 20.2 | (122.8) | (1.3) | (3.0) | (6.5) | (205.2) | (3.4) | (4.4) | (25.5) | (182.9) | (36.7) | (10.3) | (28.8) | (20.5) | (5.6) | (1.7) | (2.7) | (0.7) | (0.5) | (2.0) | (1.1) | (1.1) | (1.6) | (2.7) | (2.7) | (6.6) | (0.7) | (1.1) | (1.4) | 5.2 | 1.5 |
| Financing Activities | ||||||||||||||||||||||||||||||||||||
| Net Debt Issuance | (138.8) | (0.5) | 144.4 | 1.9 | 33.3 | (19.3) | 110.1 | (12.4) | (43.9) | (19.5) | 185.1 | (41.9) | (51.2) | (24.6) | 146.5 | 17.8 | (6.7) | 6.6 | 0.1 | 0 | (1.6) | 1.6 | 0 | (0.4) | 0.4 | 0 | (2.8) | (1.1) | (1.6) | 7.3 | 4.8 | (2.7) | 0.4 | (0.6) | (6.9) | (11.3) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | (0.7) | (1.0) | 0 | (0.5) | (0.5) | (0.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.8) | (0.1) | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.6) |
| Dividends Paid | (8.3) | (7.1) | (5.4) | (5.1) | (4.4) | (4.0) | (3.7) | (3.3) | (2.8) | (2.5) | (2.3) | (2.0) | (1.8) | (1.6) | (1.4) | (1.1) | (1.0) | (0.9) | (0.7) | (0.6) | (0.5) | (0.4) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.3) | (0.4) | (0.2) | (0.4) | (0.5) | (0.5) |
| Other Financing Activities | (5.3) | (2.6) | (4.0) | (3.4) | (1.5) | (32.3) | (1.0) | (2.3) | (0.5) | (19.0) | (14.8) | (2.3) | (0.4) | (6.8) | 0 | (1.8) | 0.9 | 0.6 | 2.2 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.1) | (0.1) | (0.1) | 0 | (0.2) | (0.6) | (0.2) | (0.1) | 0 |
| Financing Cash Flow | 289.8 | 315.8 | 265.0 | (5.7) | 79.4 | (56.3) | 105.4 | (18.0) | (47.2) | (41.0) | 168.1 | (46.3) | (53.5) | (33.0) | 143.3 | 16.6 | (6.7) | 6.4 | 3.6 | 0.0 | (1.4) | 1.7 | (0.0) | (0.5) | 0.2 | (0.3) | (3.1) | (1.8) | (5.8) | 6.9 | 4.6 | (3.3) | (0.4) | (1.2) | (7.6) | (12.4) |
| Cash Position | ||||||||||||||||||||||||||||||||||||
| Net Change in Cash | 40.3 | 21.1 | 7.5 | (0.0) | 0.1 | (0.4) | 0.6 | (0.5) | 0.2 | (0.3) | 0.5 | 0.0 | (1.3) | 1.1 | (5.3) | (2.3) | 7.4 | 0.5 | (8.6) | (4.0) | 12.6 | (9.7) | 5.6 | 4.0 | (0.4) | 0.6 | 0 | 0 | (0.4) | (0.2) | (2.4) | 2.1 | (0.2) | 0.5 | (0.3) | (1.5) |
| Cash at Beginning | 29.0 | 7.9 | 0.5 | 0.5 | 0.4 | 0.7 | 0.2 | 0.6 | 0.4 | 0.7 | 0.3 | 0.2 | 1.5 | 0.5 | 5.8 | 8.0 | 0.6 | 0.1 | 8.7 | 12.7 | 0.1 | 9.8 | 4.2 | 0.2 | 0.6 | 0.1 | 0 | 0 | 0.5 | 0.6 | 3.1 | 1 | 0.8 | 0.2 | 0.5 | 3.3 |
| Cash at End | 69.4 | 29.0 | 7.9 | 0.5 | 0.5 | 0.4 | 0.7 | 0.2 | 0.6 | 0.4 | 0.7 | 0.3 | 0.2 | 1.5 | 0.5 | 5.8 | 8.0 | 0.6 | 0.1 | 8.7 | 12.7 | 0.1 | 9.8 | 4.2 | 0.2 | 0.6 | 0 | 0 | 0.1 | 0.4 | 0.7 | 3.1 | 0.6 | 0.7 | 0.2 | 1.8 |
| Free Cash Flow | 5.7 | (51.7) | (40.5) | (3.2) | (28.1) | 31.3 | 8.4 | 15.7 | 46.7 | 40.6 | 27.0 | 46.3 | 52.2 | 38.6 | 27.6 | 13.0 | 15.8 | 12.9 | (0.5) | (4.0) | 14.0 | (11.4) | 5.7 | 4.5 | (0.6) | 1.6 | 3 | 1.8 | 5.9 | (6.9) | (2.5) | 5.4 | 0.2 | 1.7 | 1.2 | 5.6 |
| 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 | 1,112.3 | 1,080.1 | 860.5 | 669.4 | 750.9 | 661.7 | 752.6 | 697.2 | 760.1 | 691.8 | 534.0 | 424.1 | 471.6 | 546.8 | 618.6 | 866.0 | 1,014.6 | 1,043.7 | 653.2 | 363.7 | 280.1 | 216.0 | 134.5 | 134.4 | 111.6 | 122.3 | 157.4 | 180.2 | 155.9 | 120.1 | 75.1 | 65.6 | 79.6 | 78.3 | 68.3 | 99.6 | 109.8 | 115.1 | 111.3 | 100.6 |
| Gross Profit | 132.1 | 108.2 | 95.6 | 57.2 | 25.1 | 57.9 | 64.4 | 56.2 | 56.8 | 58.1 | 53.8 | 41.1 | 47.4 | 56.1 | 41.9 | 40.4 | 39.7 | 32.3 | 23.8 | 12.8 | 10.4 | 6.2 | 3.6 | 2.1 | 1.6 | 3.9 | 6.6 | 5.8 | 3.4 | 5.5 | 4.9 | 5.2 | 5 | 5.6 | 3.6 | 3.9 | 4.3 | 5.4 | 14.8 | 12.1 |
| Operating Income | 125.0 | 102.7 | 91.7 | 53.6 | 21.5 | 56.5 | 62.6 | 53.1 | 54.3 | 51.5 | 50.5 | 37.8 | 44.1 | 52.1 | 38.5 | 38.2 | 38.5 | 31.1 | 22.3 | 12.1 | 9.8 | 5.5 | 3.2 | 1.7 | 1.3 | 2.1 | 4 | 3.1 | (1.6) | 3.5 | 2.8 | 2.5 | 1.9 | 2.2 | 2.2 | 2 | 2.5 | 3.6 | 4 | 6.1 |
| Net Income | 53.5 | 30.5 | 39.1 | 28.1 | 8.0 | (5.2) | 37.0 | 35.1 | 39.1 | 26.8 | 24.9 | 19.4 | 22.9 | 21.3 | 20.6 | 23.7 | 24.0 | 19.0 | 14.1 | 7.8 | 6.2 | 3.4 | 2.0 | 0.7 | 0.9 | 1.0 | 1.5 | 1.6 | (1.4) | 1.7 | 1.6 | 1.6 | 1.5 | 2.1 | (4.7) | 1.9 | 2.1 | 2.8 | 2.6 | 3.3 |
| EPS (Diluted) | 2.52 | 1.70 | 2.76 | 2.19 | 0.63 | -0.47 | 3.35 | 3.21 | 3.60 | 2.47 | 2.31 | 1.81 | 2.14 | 2.01 | 1.95 | 2.27 | 2.34 | 1.87 | 1.41 | 0.81 | 0.65 | 0.37 | 0.23 | 0.07 | 0.10 | 0.12 | 0.18 | 0.19 | -0.16 | 0.20 | 0.19 | 0.18 | 0.17 | 0.14 | -0.28 | 0.11 | 0.12 | 0.16 | 0.14 | 0.18 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 69.4 | 29.0 | 7.8 | 0.3 | 0.5 | 0.4 | 0.7 | 0.2 | 0.6 | 0.4 | 0.7 | 0.3 | 0.2 | 1.5 | 0.5 | 5.8 | 8.0 | 0.6 | 0.1 | 8.7 | 12.7 | 0.1 | 9.8 | 4.2 | 0.2 | 0.6 | 0.1 | 0 | 0 | 0.5 | 0.7 | 3.1 | 1 | 0.8 | 0.2 | 1.7 | 9.2 | 10.2 | 9.8 | 10.2 |
| Total Assets | 2,028.6 | 1,734.6 | 1,350.3 | 999.8 | 918.6 | 780.1 | 845.9 | 638.8 | 629.0 | 661.8 | 622.1 | 355.3 | 380.5 | 410.2 | 454.5 | 288.4 | 254.0 | 276.0 | 171.8 | 98.5 | 73.9 | 60.4 | 40.8 | 31.7 | 33.2 | 31.5 | 31.3 | 40.7 | 38 | 48.3 | 29.1 | 21.3 | 23.5 | 20.8 | 34.3 | 59.6 | 72.2 | 71.9 | 57.9 | 56.7 |
| Total Debt | 342.8 | 485.2 | 459.3 | 308.6 | 317.7 | 277.9 | 298.2 | 181.1 | 193.2 | 236.6 | 256.9 | 73.0 | 115.0 | 167.1 | 197.3 | 38.0 | 1.1 | 6.7 | 0.1 | 0 | 0 | 1.6 | 0 | 0 | 0.4 | 0 | 0 | 6.7 | 7.7 | 12.7 | 5 | 0 | 2.7 | 2.2 | 2.8 | 22.3 | 32.5 | 29.9 | 15.2 | 17.3 |
| Stockholders' Equity | 1,438.8 | 988.2 | 616.7 | 449.5 | 417.3 | 356.3 | 363.1 | 328.4 | 293.1 | 255.2 | 229.3 | 205.5 | 186.8 | 164.3 | 143.6 | 123.8 | 101.3 | 76.1 | 56.4 | 38.2 | 30.2 | 23.0 | 19.1 | 17.0 | 16.5 | 15.8 | 15.1 | 13.9 | 12.5 | 14.6 | 13.6 | 12.1 | 10.8 | 9.6 | 21.6 | 26.8 | 25.2 | 25.9 | 24.5 | 22.9 |
| Cash Flow | ||||||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | 27.0 | (31.0) | (21.8) | 8.1 | (17.6) | 35.8 | 18.0 | 18.9 | 50.4 | 47.2 | 37.6 | 49.7 | 56.6 | 59.5 | 34.3 | 17.8 | 24.4 | 22.9 | 8.2 | 1.6 | 15.6 | (8.7) | 6.4 | 5.0 | 1.4 | 2.0 | 4.2 | 3.4 | 8.1 | (4.4) | (0.4) | 6.1 | 1.3 | 3.1 | 2.1 | 9.4 | ||||
| Capital Expenditure | (21.3) | (20.7) | (18.7) | (11.2) | (10.5) | (4.4) | (9.6) | (3.1) | (3.7) | (6.5) | (10.6) | (3.4) | (4.4) | (20.9) | (6.6) | (4.8) | (8.6) | (10.0) | (8.7) | (5.6) | (1.7) | (2.7) | (0.7) | (0.5) | (2.0) | (0.4) | (1.2) | (1.6) | (2.2) | (2.5) | (2.1) | (0.7) | (1.1) | (1.4) | (0.9) | (3.8) | ||||
| Free Cash Flow | 5.7 | (51.7) | (40.5) | (3.2) | (28.1) | 31.3 | 8.4 | 15.7 | 46.7 | 40.6 | 27.0 | 46.3 | 52.2 | 38.6 | 27.6 | 13.0 | 15.8 | 12.9 | (0.5) | (4.0) | 14.0 | (11.4) | 5.7 | 4.5 | (0.6) | 1.6 | 3 | 1.8 | 5.9 | (6.9) | (2.5) | 5.4 | 0.2 | 1.7 | 1.2 | 5.6 | ||||