WSO - Watsco, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$399.80
DETAILS
HIGH:
$485.00
LOW:
$349.00
MEDIAN:
$370.00
CONSENSUS:
$399.80
UPSIDE:
6.57%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 7,239.3 | 7,618.3 | 7,283.8 | 7,274.3 | 6,280.2 | 5,054.9 | 4,770.4 | 4,546.7 | 4,342.0 | 4,220.7 | 4,113.2 | 3,944.5 | 3,743.3 | 3,431.7 | 2,977.8 | 2,844.6 | 2,001.8 | 1,700.2 | 1,758.0 | 1,800.8 | 1,682.7 | 1,315.0 | 1,232.9 | 1,181.1 | 1,238.6 | 1,306.6 | 1,246.3 | 1,008.8 | 635.2 | 425.4 | 331 | 283.7 | 230.7 |
| Cost of Revenue | 5,208.8 | 5,573.6 | 5,291.6 | 5,244.1 | 4,612.6 | 3,832.1 | 3,613.4 | 3,426.4 | 3,276.3 | 3,186.1 | 3,105.9 | 2,988.1 | 2,844.1 | 2,617.3 | 2,249.5 | 2,171.4 | 1,521.0 | 1,258.2 | 1,311.0 | 1,313.9 | 1,239.8 | 978.1 | 927.8 | 893.6 | 939.6 | 999.1 | 943.2 | 811.3 | 521.8 | 283.4 | 215.6 | 195.1 | 155.4 |
| Gross Profit | 2,030.5 | 2,044.7 | 1,992.1 | 2,030.3 | 1,667.5 | 1,222.8 | 1,157.0 | 1,120.3 | 1,065.7 | 1,034.6 | 1,007.4 | 956.4 | 899.3 | 814.4 | 728.3 | 673.2 | 480.8 | 442.0 | 447.0 | 457.3 | 418.5 | 336.9 | 305.1 | 287.5 | 299.0 | 311.0 | 303.1 | 251 | 158.1 | 82 | 60.6 | 88.6 | 75.3 |
| 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 |
| SG&A Expenses | 1,337.9 | 1,255.8 | 1,223.5 | 1,221.4 | 1,058.3 | 833.1 | 800.3 | 757.5 | 715.7 | 689.0 | 670.6 | 650.7 | 628.0 | 589.5 | 529.2 | 507.7 | 399.8 | 343.4 | 335.8 | 321.9 | 301.2 | 254.9 | 243.9 | 236.9 | 247.8 | 256.8 | 232.4 | 187.9 | 118 | 58.4 | 43.5 | 71.3 | 62.1 |
| Other Expenses | 0 | 7.1 | (26.2) | (22.7) | (19.3) | (11.3) | (10.3) | (9.3) | (3.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.3) | 2.9 | 0 | 11.2 | 9 | 5.3 | 2.5 | 1.7 | 2.3 | 1.8 |
| Operating Expenses | 1,337.9 | 1,262.9 | 1,197.3 | 1,198.7 | 1,039.0 | 821.8 | 790.1 | 748.2 | 711.8 | 689.0 | 670.6 | 650.7 | 628.0 | 589.5 | 529.2 | 507.7 | 399.8 | 343.4 | 335.8 | 321.9 | 301.2 | 254.9 | 243.9 | 236.6 | 250.7 | 256.8 | 243.6 | 196.9 | 123.3 | 60.9 | 45.2 | 73.6 | 63.9 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 692.6 | 781.8 | 794.8 | 831.6 | 628.5 | 401.0 | 366.9 | 372.1 | 353.9 | 345.6 | 336.7 | 305.7 | 271.2 | 224.9 | 199.1 | 165.6 | 81.1 | 98.6 | 111.2 | 135.4 | 117.3 | 82.1 | 61.2 | 50.9 | 48.3 | 54.3 | 59.5 | 54.1 | 34.8 | 21.1 | 15.4 | 15 | 11.4 |
| Interest Expense | 0 | (20.9) | 4.9 | 2.2 | 1.0 | 1.2 | 4.0 | 2.7 | 6.4 | 3.7 | 5.5 | 5.2 | 5.8 | 4.7 | 51.8 | 3.5 | 2.7 | 2.0 | 5.1 | 3.8 | 3.3 | 4.4 | 5.5 | 6.8 | 15.7 | 34.5 | 12.4 | 11.4 | 1.8 | 2.5 | 5.2 | 4.5 | 1.1 |
| Interest Income | 17.3 | 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 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 781.4 | 792.1 | 803.7 | 840.6 | 656.7 | 426.9 | 391.4 | 394.2 | 375.9 | 365.7 | 355.9 | 323.7 | 288.9 | 240.8 | 210.8 | 176.3 | 89.6 | 105.7 | 117.6 | 141.2 | 123.4 | 88.8 | 68.6 | 59.0 | 63.3 | 66.6 | 70.7 | 63.1 | 40.1 | 23.6 | 17.1 | 17.3 | 13.2 |
| EBIT | 737.7 | 751.3 | 768.6 | 808.9 | 628.5 | 401.0 | 366.9 | 372.1 | 353.9 | 345.6 | 336.7 | 305.7 | 271.2 | 224.9 | 199.1 | 165.6 | 81.1 | 98.6 | 111.2 | 135.4 | 117.3 | 82.1 | 61.2 | 50.9 | 51.2 | 54.3 | 59.5 | 54.1 | 34.8 | 21.1 | 15.4 | 15 | 11.4 |
| Income Before Tax | 737.7 | 802.6 | 789.9 | 829.4 | 627.5 | 399.8 | 362.9 | 369.3 | 347.5 | 341.9 | 331.2 | 300.5 | 265.4 | 220.2 | 194.6 | 162.1 | 78.3 | 96.6 | 108.0 | 131.8 | 113.1 | 77.6 | 55.7 | 43.7 | 38.4 | 30.4 | 46.8 | 40.8 | 29.8 | 21.1 | 12.5 | 10.4 | 8.8 |
| Income Tax Expense | 150.1 | 166.9 | 155.8 | 125.7 | 128.8 | 76.6 | 67.1 | 72.8 | 90.2 | 105.9 | 104.7 | 91.8 | 77.7 | 62.6 | 56.9 | 50.4 | 26.8 | 36.2 | 40.5 | 49.4 | 43.1 | 29.5 | 20.8 | 15.2 | 13.9 | 11.3 | 17.3 | 15.1 | 11.5 | 8.1 | 5.2 | 4.6 | 3.8 |
| Net Income | 497.0 | 536.3 | 536.3 | 601.2 | 418.9 | 269.6 | 245.9 | 242.9 | 208.2 | 182.8 | 172.9 | 151.4 | 127.7 | 103.3 | 90.5 | 80.8 | 43.3 | 60.4 | 65.6 | 82.4 | 70.0 | 48.1 | 34.9 | 28.5 | 24.4 | 19.1 | 29.5 | 25.2 | 18.4 | 13 | 7.2 | 5.8 | 5 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 12.25 | 13.34 | 13.67 | 15.46 | 10.83 | 7.03 | 6.51 | 6.48 | 5.12 | 4.73 | 4.51 | 4.00 | 3.42 | 2.48 | 2.74 | 2.49 | 1.40 | 2.28 | 2.49 | 3.15 | 2.69 | 1.89 | 1.39 | 1.12 | 0.94 | 0.72 | 1.03 | 0.93 | 0.73 | 0.67 | 0.52 | 0.25 | 0.28 |
| EPS (Diluted) | 12.25 | 13.30 | 13.67 | 15.41 | 10.78 | 7.01 | 6.50 | 6.48 | 5.12 | 4.73 | 4.51 | 4.00 | 3.42 | 2.48 | 2.74 | 2.49 | 1.40 | 2.18 | 2.36 | 2.96 | 2.52 | 1.79 | 1.34 | 1.07 | 0.90 | 0.69 | 0.99 | 0.89 | 0.68 | 0.60 | 0.46 | 0.25 | 0.28 |
| Shares Outstanding | 37.9 | 37.5 | 36.5 | 35.6 | 35.2 | 35.1 | 34.6 | 37.5 | 37.2 | 35.5 | 35.3 | 35.0 | 34.7 | 34.5 | 33.0 | 32.4 | 28.5 | 26.5 | 26.3 | 26.1 | 26.0 | 25.5 | 25.1 | 25.6 | 25.9 | 26.5 | 28.6 | 27.1 | 25.1 | 19.1 | 13.8 | 14 | 12.9 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 433.3 | 526.3 | 210.1 | 147.5 | 118.3 | 146.1 | 74.5 | 82.9 | 80.5 | 56.0 | 58.1 | 41.4 | 85.1 | 36.3 | 25.9 | 9.1 | 4.8 | 7.5 | 6.7 | 7.9 | 5 | 3.8 | 1.7 | 1.1 |
| Short-Term Investments | 300 | 255.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 796.2 | 877.9 | 797.8 | 747.1 | 698.5 | 535.3 | 533.8 | 501.9 | 478.1 | 476.0 | 266.3 | 151.3 | 145.2 | 137.7 | 129.4 | 143.3 | 163.8 | 165 | 137.7 | 101.7 | 51 | 43.6 | 34.8 | 30.3 |
| Inventory | 1,386.3 | 1,385.4 | 1,347.3 | 1,370.2 | 1,115.5 | 781.3 | 920.8 | 837.1 | 761.3 | 685.0 | 410.1 | 250.9 | 218.7 | 194.3 | 176.4 | 185.9 | 205.8 | 223.9 | 202.6 | 173.3 | 87.6 | 59.7 | 49.3 | 49 |
| Other Current Assets | 38.7 | 34.7 | 36.7 | 34.0 | 29.2 | 21.8 | 17.7 | 19.9 | 17.5 | 23.2 | 20.8 | 13.0 | 8.6 | 9.2 | 13.9 | 18.8 | 18.2 | 18.7 | 24 | 35.2 | 6.9 | 5.3 | 7.8 | 6.3 |
| Total Current Assets | 2,954.5 | 3,080.0 | 2,391.9 | 2,298.7 | 1,961.4 | 1,484.4 | 1,546.7 | 1,441.8 | 1,337.4 | 1,240.2 | 755.3 | 456.7 | 457.7 | 377.5 | 345.6 | 357.2 | 392.5 | 415.1 | 371 | 318.1 | 159 | 112.4 | 93.6 | 86.7 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 588.6 | 559.7 | 505.0 | 442.7 | 379.5 | 307.4 | 321.9 | 91.0 | 91.2 | 90.5 | 33.1 | 24.2 | 15.1 | 22.1 | 25.9 | 30.7 | 30.3 | 31.4 | 30.5 | 21.9 | 16.2 | 11.3 | 8.8 | 6.6 |
| Goodwill | 462.5 | 451.9 | 457.1 | 430.7 | 434.0 | 412.5 | 411.2 | 392.0 | 382.7 | 379.7 | 303.3 | 219.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 210.4 | 208.5 | 218.1 | 175.2 | 186.9 | 169.9 | 172.0 | 147.9 | 161.1 | 158.6 | 58.6 | 10.7 | 132.2 | 130.4 | 125.5 | 124.7 | 128.7 | 131.6 | 106.3 | 77.4 | 23.6 | 17 | 13.2 | 13.5 |
| Long-Term Investments | 190.2 | 171.2 | 146.2 | 132.8 | 114.8 | 97.8 | 94.8 | 80.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 8.6 | 8.3 | 10.7 | 8.0 | 9.2 | 12.2 | 9.5 | 8.2 | 74.5 | 5.7 | 10.4 | 4.7 | 3.3 | 5.0 | 6.8 | 8.2 | 12.0 | 10.1 | 24.3 | 8.6 | 4.5 | 4.2 | 4.1 | 2.9 |
| Total Non-Current Assets | 1,501.2 | 1,452.3 | 1,337.3 | 1,189.5 | 1,124.5 | 999.9 | 1,009.4 | 719.2 | 709.5 | 634.5 | 405.3 | 259.4 | 150.6 | 157.6 | 158.2 | 163.6 | 170.9 | 173.8 | 161 | 107.9 | 44.6 | 32.5 | 26.1 | 23 |
| Total Assets | 4,455.7 | 4,532.3 | 3,729.2 | 3,488.2 | 3,085.9 | 2,484.3 | 2,556.2 | 2,161.0 | 2,046.9 | 1,874.6 | 1,160.6 | 716.1 | 608.3 | 535.1 | 503.7 | 520.8 | 563.5 | 588.9 | 532 | 426 | 203.6 | 144.9 | 119.7 | 109.7 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 600.6 | 490.9 | 369.4 | 456.1 | 364.2 | 251.6 | 239.7 | 200.2 | 230.5 | 185.5 | 145.8 | 63.9 | 94.7 | 76.5 | 60.0 | 58.1 | 86.1 | 90 | 61.2 | 43.8 | 15.4 | 17.2 | 13.1 | 15.5 |
| Short-Term Debt | 117.2 | 0 | 100.3 | 56.4 | 84.5 | 71.8 | 69.4 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 10.1 | 0.2 | 0.3 | 0.4 | 1.9 | 5.9 | 1 | 1 | 0.6 | 46.9 | 33.8 | 27.2 |
| 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 |
| Other Current Liabilities | 0 | 0 | (100.3) | 0 | (84.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.1 | 26.9 | 22.3 | 15.5 | 7.9 | 7.1 | 6.7 | 4.7 |
| Total Current Liabilities | 717.7 | 983.9 | 712.0 | 906.5 | 726.7 | 487.1 | 461.7 | 357.6 | 416.5 | 314.9 | 223.9 | 107.8 | 147.2 | 108.0 | 86.5 | 87.5 | 114.1 | 122.8 | 81.2 | 60.3 | 29 | 71.2 | 53.6 | 47.4 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 0 | 0 | 15.4 | 0 | 89 | 0 | 155.7 | 135.8 | 22.1 | 235.6 | 12.8 | 20.8 | 50 | 60 | 80.2 | 101.9 | 140.9 | 159.4 | 172.3 | 137.2 | 50.4 | 6.3 | 6.7 | 7.8 |
| Deferred Tax Liabilities | 147.3 | 140.2 | 96.5 | 89.9 | 76.5 | 73.1 | 67.7 | 66.0 | 57.3 | 72.4 | 28.4 | 16.8 | 8.2 | 6.1 | 7.8 | 9.0 | 4.3 | 4.2 | 3.9 | 2.9 | 1 | 1 | 0.7 | 1.1 |
| Other Non-Current Liabilities | 6.9 | 6.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 | 0 | 0.2 | 0.2 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Liabilities | 515.9 | 484.1 | 401.0 | 333.4 | 361.7 | 217.4 | 379.7 | 201.8 | 79.4 | 308.0 | 41.9 | 37.6 | 58.4 | 66.2 | 88.1 | 110.9 | 145.2 | 164.4 | 176.2 | 140.1 | 52.7 | 7.3 | 7.4 | 8.9 |
| Total Liabilities | 1,233.7 | 1,468.0 | 1,113.0 | 1,239.9 | 1,088.4 | 704.6 | 841.4 | 559.3 | 495.9 | 622.9 | 265.8 | 145.4 | 205.6 | 174.2 | 174.5 | 198.4 | 259.3 | 287.2 | 257.4 | 200.4 | 81.7 | 78.5 | 61 | 56.3 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 22.3 | 22.2 | 22.1 | 21.8 | 21.8 | 21.7 | 21.5 | 21.2 | 21.1 | 21.0 | 19.3 | 17.3 | 16.1 | 15.9 | 15.5 | 15.1 | 14.8 | 14.6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 1,319.2 | 1,296.0 | 1,183.2 | 1,029.5 | 760.8 | 636.4 | 632.5 | 628.0 | 594.6 | 550.5 | 372.5 | 386.2 | 237.3 | 199.3 | 169.6 | 143.5 | 122.3 | 106 | 79.3 | 56.7 | 40.8 | 31.1 | 25.8 | 21.2 |
| Accumulated Other Comprehensive Income | (50.3) | (59.9) | (42.3) | (47.7) | (34.2) | (34.9) | (39.0) | (46.0) | (34.2) | (43.5) | (0.8) | (1.1) | (22.2) | (14.4) | (12.5) | (11.8) | (5.9) | (6.7) | (25) | (14.2) | (15) | (11.3) | 0 | 0 |
| Total Stockholders' Equity | 2,781.4 | 2,657.0 | 2,229.8 | 1,889.2 | 1,664.9 | 1,486.7 | 1,435.4 | 1,347.8 | 1,298.0 | 1,005.8 | 738.0 | 570.7 | 402.7 | 360.9 | 329.2 | 322.4 | 304.2 | 301.7 | 274.6 | 225.6 | 121.9 | 53.8 | 46.8 | 41.8 |
| Total Liabilities & Equity | 4,455.7 | 4,532.3 | 3,729.2 | 3,488.2 | 3,085.9 | 2,484.3 | 2,556.2 | 2,161.0 | 2,046.9 | 1,874.6 | 1,160.6 | 716.1 | 608.3 | 535.1 | 503.7 | 520.8 | 563.5 | 588.9 | 532 | 426 | 203.6 | 144.9 | 119.7 | 109.7 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 478.8 | 447.5 | 505.1 | 390.5 | 454.2 | 216.1 | 381.4 | 136.0 | 22.3 | 235.8 | 12.9 | 21.1 | 60.1 | 60.2 | 80.5 | 102.3 | 142.8 | 165.3 | 173.3 | 138.2 | 51 | 53.2 | 40.5 | 35 |
| Net Debt | 45.5 | (78.8) | 294.9 | 243.0 | 335.9 | 70.1 | 306.9 | 53.1 | (58.2) | 179.8 | (45.2) | (20.4) | (25.1) | 23.8 | 54.6 | 93.2 | 138.0 | 157.8 | 166.1 | 130.3 | 48.1 | 49.4 | 38.8 | 33.9 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | 464.2 | 635.7 | 634.1 | 703.7 | 498.7 | 323.2 | 295.8 | 296.5 | 257.3 | 236.0 | 70.5 | 48.1 | 34.9 | 28.5 | 24.4 | 19.1 | 29.5 | 25.2 | 18.4 | 13 | 7.2 | 5.8 | 5 |
| Depreciation & Amortization | 43.8 | 40.8 | 35.1 | 31.7 | 28.1 | 25.9 | 24.5 | 22.1 | 22.0 | 20.1 | 8.7 | 7.8 | 7.4 | 8.1 | 12.1 | 12.3 | 11.2 | 8.4 | 4.8 | 4.2 | 3 | 2.3 | 1.8 |
| Stock-Based Compensation | 0 | 35.0 | 30 | 28.8 | 25.4 | 22.1 | 17.0 | 15.5 | 13.3 | 12.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (102.1) | 78.2 | (119.8) | (196.7) | (201.7) | 167.1 | (0.2) | (168.2) | 19.3 | 1.0 | (52.3) | (11.8) | 3.1 | 14.6 | 7.6 | 4.9 | (3.3) | (30.4) | (40.9) | (25.9) | (1.1) | (6.3) | (5.4) |
| Other Non-Cash Items | 145.3 | (16.9) | (10.3) | (9.0) | (6.9) | (4.0) | (2.6) | (3.7) | 0.6 | 5.6 | 11.8 | 6.4 | 6.4 | 14.3 | 10.3 | 11.6 | 3.4 | 4.5 | (1.4) | (1.9) | 1.1 | 0.8 | 0 |
| Operating Cash Flow | 569.6 | 773.1 | 562.0 | 572.0 | 349.6 | 534.4 | 335.8 | 170.6 | 306.5 | 281.7 | 35.8 | 56.7 | 60.3 | 66.9 | 52.6 | 49.1 | 41.9 | 6.7 | (20.8) | (13.8) | 7.5 | 2.4 | 0.9 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (34.1) | (30.1) | (35.5) | (35.7) | (25.5) | (16.4) | (17.8) | (17.2) | (17.9) | (43.6) | (7.2) | (4.8) | (3.1) | (4.5) | (4.6) | (7.0) | (32.6) | (34.9) | (127.3) | (15.9) | (14.9) | (4.1) | (3) |
| Acquisitions | (18.7) | (5.2) | (6.7) | (0.0) | (129.5) | 0 | (64.6) | (9.4) | (63.6) | 0 | (49.5) | (3.4) | (18.4) | (1.9) | 0 | (0.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (300.5) | (255.7) | (0.5) | 0 | (1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1) | (1) | 0 | 0 | 0 | (2.3) | (0.9) |
| Sales/Maturities of Investments | 255.7 | 0 | 0 | 0 | 6.0 | 0 | 68.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.6 | 0 | 2.1 | 0 | 3 | 0 | 0 |
| Other Investing Activities | 0 | 0.3 | 1.3 | 1.9 | 1.4 | 0.1 | 1.4 | 0.2 | 0.2 | 0.7 | 1.8 | 4.9 | (1.0) | 2.3 | 1.3 | (2.2) | 4.1 | (0.4) | (2.7) | 0 | 0 | 0 | (3.5) |
| Investing Cash Flow | (98.1) | (290.7) | (41.3) | (33.8) | (148.6) | (16.3) | (81.0) | (26.3) | (81.3) | (42.8) | (54.7) | (3.3) | (22.5) | (4.1) | (3.3) | (10.1) | (11.9) | (33.7) | (126.7) | (20.7) | (14.2) | (6.4) | (7.4) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | (6.0) | (21.4) | (45.0) | (35.6) | 87.0 | (157.1) | 19.3 | 113.7 | (213.5) | (10.2) | (9.9) | (0.5) | (20.2) | (21.8) | (39.9) | (22.6) | (14.1) | 26.9 | 72.9 | (2.4) | 6 | 5.6 | (2) |
| Stock Repurchased | (3.7) | (39.7) | (2.8) | (87.1) | (1.1) | (2.3) | (1.5) | (3.8) | (4.7) | (4.0) | (17.7) | (0.8) | (6.7) | (24.5) | (3.2) | (17.6) | (14.3) | 0 | (4.4) | 0 | 0 | 0 | 0 |
| Dividends Paid | (473.8) | (423.5) | (382.6) | (332.4) | (294.5) | (265.7) | (241.4) | (209.2) | (164.1) | (127.6) | (17.0) | (10.1) | (5.2) | (3.0) | (2.6) | (2.7) | (2.9) | (2.6) | (2.4) | (1.9) | (1.3) | (1) | (0.9) |
| Other Financing Activities | (131.2) | 44.3 | (44.7) | (48.8) | (41.0) | (42.6) | (53.7) | (46.9) | (72.8) | (81.8) | 0 | (0.3) | 0 | (0.8) | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | (0.1) | (0.1) |
| Financing Cash Flow | (568.1) | (158.5) | (460.1) | (504.0) | (228.6) | (448.5) | (264.0) | (139.6) | (202.1) | (217.9) | (38.5) | (4.6) | (27.3) | (46.0) | (44.9) | (41.7) | (29.8) | 27.7 | 153.1 | 31 | 5.4 | 4.6 | 6.7 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | (93.0) | 316.2 | 62.6 | 29.2 | (27.8) | 71.6 | (8.4) | 2.4 | 24.5 | 20.8 | 27.6 | 0 | 10.5 | 16.7 | 4.4 | (2.7) | 0.3 | (1.2) | 5 | 1.3 | 2 | 0.6 | 0.2 |
| Cash at Beginning | 526.3 | 210.1 | 147.5 | 118.3 | 146.1 | 74.5 | 82.9 | 80.5 | 56.0 | 35.2 | 0 | 0 | 25.9 | 9.1 | 4.8 | 7.5 | 7.2 | 7.9 | 2.8 | 3.8 | 1.7 | 1.1 | 0.9 |
| Cash at End | 433.3 | 526.3 | 210.1 | 147.5 | 118.3 | 146.1 | 74.5 | 82.9 | 80.5 | 56.0 | 27.6 | 73.6 | 36.3 | 25.9 | 9.1 | 4.8 | 7.5 | 6.7 | 7.8 | 5.1 | 3.7 | 1.7 | 1.1 |
| Free Cash Flow | 535.5 | 743.0 | 526.5 | 536.3 | 324.1 | 517.9 | 318.0 | 153.4 | 288.6 | 238.2 | 28.6 | 51.9 | 57.2 | 62.3 | 47.9 | 42.0 | 9.3 | (28.2) | (148.1) | (29.7) | (7.4) | (1.7) | (2.1) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 7,239.3 | 7,618.3 | 7,283.8 | 7,274.3 | 6,280.2 | 5,054.9 | 4,770.4 | 4,546.7 | 4,342.0 | 4,220.7 | 4,113.2 | 3,944.5 | 3,743.3 | 3,431.7 | 2,977.8 | 2,844.6 | 2,001.8 | 1,700.2 | 1,758.0 | 1,800.8 | 1,682.7 | 1,315.0 | 1,232.9 | 1,181.1 | 1,238.6 | 1,306.6 | 1,246.3 | 1,008.8 | 635.2 | 425.4 | 331 | 283.7 | 230.7 |
| Gross Profit | 2,030.5 | 2,044.7 | 1,992.1 | 2,030.3 | 1,667.5 | 1,222.8 | 1,157.0 | 1,120.3 | 1,065.7 | 1,034.6 | 1,007.4 | 956.4 | 899.3 | 814.4 | 728.3 | 673.2 | 480.8 | 442.0 | 447.0 | 457.3 | 418.5 | 336.9 | 305.1 | 287.5 | 299.0 | 311.0 | 303.1 | 251 | 158.1 | 82 | 60.6 | 88.6 | 75.3 |
| Operating Income | 692.6 | 781.8 | 794.8 | 831.6 | 628.5 | 401.0 | 366.9 | 372.1 | 353.9 | 345.6 | 336.7 | 305.7 | 271.2 | 224.9 | 199.1 | 165.6 | 81.1 | 98.6 | 111.2 | 135.4 | 117.3 | 82.1 | 61.2 | 50.9 | 48.3 | 54.3 | 59.5 | 54.1 | 34.8 | 21.1 | 15.4 | 15 | 11.4 |
| Net Income | 497.0 | 536.3 | 536.3 | 601.2 | 418.9 | 269.6 | 245.9 | 242.9 | 208.2 | 182.8 | 172.9 | 151.4 | 127.7 | 103.3 | 90.5 | 80.8 | 43.3 | 60.4 | 65.6 | 82.4 | 70.0 | 48.1 | 34.9 | 28.5 | 24.4 | 19.1 | 29.5 | 25.2 | 18.4 | 13 | 7.2 | 5.8 | 5 |
| EPS (Diluted) | 12.25 | 13.30 | 13.67 | 15.41 | 10.78 | 7.01 | 6.50 | 6.48 | 5.12 | 4.73 | 4.51 | 4.00 | 3.42 | 2.48 | 2.74 | 2.49 | 1.40 | 2.18 | 2.36 | 2.96 | 2.52 | 1.79 | 1.34 | 1.07 | 0.90 | 0.69 | 0.99 | 0.89 | 0.68 | 0.60 | 0.46 | 0.25 | 0.28 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 433.3 | 526.3 | 210.1 | 147.5 | 118.3 | 146.1 | 74.5 | 82.9 | 80.5 | 56.0 | 58.1 | 41.4 | 85.1 | 36.3 | 25.9 | 9.1 | 4.8 | 7.5 | 6.7 | 7.9 | 5 | 3.8 | 1.7 | 1.1 | |||||||||
| Total Assets | 4,455.7 | 4,532.3 | 3,729.2 | 3,488.2 | 3,085.9 | 2,484.3 | 2,556.2 | 2,161.0 | 2,046.9 | 1,874.6 | 1,160.6 | 716.1 | 608.3 | 535.1 | 503.7 | 520.8 | 563.5 | 588.9 | 532 | 426 | 203.6 | 144.9 | 119.7 | 109.7 | |||||||||
| Total Debt | 478.8 | 447.5 | 505.1 | 390.5 | 454.2 | 216.1 | 381.4 | 136.0 | 22.3 | 235.8 | 12.9 | 21.1 | 60.1 | 60.2 | 80.5 | 102.3 | 142.8 | 165.3 | 173.3 | 138.2 | 51 | 53.2 | 40.5 | 35 | |||||||||
| Stockholders' Equity | 2,781.4 | 2,657.0 | 2,229.8 | 1,889.2 | 1,664.9 | 1,486.7 | 1,435.4 | 1,347.8 | 1,298.0 | 1,005.8 | 738.0 | 570.7 | 402.7 | 360.9 | 329.2 | 322.4 | 304.2 | 301.7 | 274.6 | 225.6 | 121.9 | 53.8 | 46.8 | 41.8 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 569.6 | 773.1 | 562.0 | 572.0 | 349.6 | 534.4 | 335.8 | 170.6 | 306.5 | 281.7 | 35.8 | 56.7 | 60.3 | 66.9 | 52.6 | 49.1 | 41.9 | 6.7 | (20.8) | (13.8) | 7.5 | 2.4 | 0.9 | ||||||||||
| Capital Expenditure | (34.1) | (30.1) | (35.5) | (35.7) | (25.5) | (16.4) | (17.8) | (17.2) | (17.9) | (43.6) | (7.2) | (4.8) | (3.1) | (4.5) | (4.6) | (7.0) | (32.6) | (34.9) | (127.3) | (15.9) | (14.9) | (4.1) | (3) | ||||||||||
| Free Cash Flow | 535.5 | 743.0 | 526.5 | 536.3 | 324.1 | 517.9 | 318.0 | 153.4 | 288.6 | 238.2 | 28.6 | 51.9 | 57.2 | 62.3 | 47.9 | 42.0 | 9.3 | (28.2) | (148.1) | (29.7) | (7.4) | (1.7) | (2.1) | ||||||||||