$4.36B
Revenue
$1.41B
Net Income
85.65%
Gross Margin
23.52%
Op. Margin
$1.91B
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.36B | $4.36B | $3.98B | $4.03B | $4.21B | $3.67B | $3.42B | $3.65B | $3.53B | $3.38B | $3.32B |
| Revenue Growth % | 0.0% | 9.6% | -1.1% | -4.2% | 14.6% | 7.4% | -6.4% | 3.2% | 4.5% | 1.9% | nan% |
| Cost of Revenue | $626.00M | $625.00M | $613.00M | $583.00M | $573.00M | $537.00M | $449.00M | $481.40M | $495.70M | $480.90M | - |
| Gross Profit | $3.74B | $3.74B | $3.37B | $3.44B | $3.63B | $3.13B | $2.97B | $3.17B | $3.04B | $2.90B | - |
| Gross Margin % | 85.7% | 85.7% | 84.6% | 85.5% | 86.4% | 85.4% | 86.9% | 86.8% | 86.0% | 85.8% | nan% |
| Operating Expenses | $3.34B | $3.34B | $3.10B | $3.08B | $3.28B | $2.87B | $2.68B | $2.87B | $2.84B | $2.73B | $2.78B |
| Operating Income | $1.03B | $1.02B | $886.00M | $943.00M | $928.00M | $795.00M | $740.00M | $777.70M | $694.40M | $653.40M | $537.00M |
| Operating Margin % | 23.5% | 23.5% | 22.3% | 23.4% | 22.1% | 21.7% | 21.7% | 21.3% | 19.6% | 19.3% | 16.2% |
| Interest Expense | $891.00M | $512.00M | $449.00M | $394.00M | $325.00M | $277.00M | $275.00M | $272.90M | $247.00M | $215.60M | $196.20M |
| Other Income/Expense | $-2.00M | $-1.00M | $3.00M | $-3.00M | $-6.00M | $-5.00M | $-14.00M | $-14.40M | $-7.60M | $500.00K | $500.00K |
| Income Before Tax | $662.00M | $661.00M | $576.00M | $707.00M | $708.00M | $600.00M | $567.00M | $636.10M | $570.00M | $532.80M | $443.40M |
| Income Tax Expense | $-148.00M | $-149.00M | $-114.00M | $4.00M | $22.00M | $-74.00M | $-57.00M | $68.70M | $47.70M | $66.70M | $59.40M |
| Net Income | $1.41B | $810.00M | $690.00M | $703.00M | $686.00M | $674.00M | $624.00M | $567.40M | $522.30M | $467.50M | $381.70M |
| Net Margin % | 32.3% | 18.6% | 17.3% | 17.5% | 16.3% | 18.4% | 18.3% | 15.6% | 14.8% | 13.8% | 11.5% |
| Basic EPS | nan | 3.15 | 2.69 | 2.78 | 2.73 | 2.63 | 2.47 | 2.34 | 2.19 | 1.99 | nan |
| Diluted EPS | nan | 3.14 | 2.69 | 2.78 | 2.73 | 2.63 | 2.47 | 2.33 | 2.19 | 1.99 | nan |
| Basic Shares Outstanding | 100K | 257.0M | 256.5M | 253.0M | 250.9M | 250.2M | 248.4M | 238.5M | 233.6M | 229.7M | - |
| Diluted Shares Outstanding | 300K | 257.8M | 256.8M | 253.3M | 251.2M | 250.7M | 248.7M | 239.0M | 233.6M | 229.7M | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $556.00M | $81.00M | $62.00M | $20.00M | $39.00M | $54.00M | $16.30M | $20.90M | $27.90M | $8.20M |
| Accounts Receivable | $476.00M | $427.00M | $475.00M | $516.00M | $440.00M | $412.00M | $402.10M | $350.40M | $482.80M | $493.30M |
| Other Current Assets | $222.00M | $171.00M | $160.00M | $223.00M | $240.00M | $123.00M | $101.70M | $80.00M | $87.70M | $95.50M |
| Total Current Assets | $1.70B | $1.18B | $1.27B | $1.25B | $1.07B | $887.00M | $875.50M | $785.10M | $905.10M | $877.10M |
| Property Plant & Equipment | $20.34B | $18.70B | $17.16B | $16.25B | $14.99B | $14.34B | $13.53B | $12.46B | $11.23B | $10.28B |
| Long-term Investments | $694.00M | $639.00M | $602.00M | $559.00M | $517.00M | $485.00M | $467.80M | $431.30M | $396.10M | $337.60M |
| Other Non-current Assets | $2.26B | $2.19B | $2.21B | $2.11B | $1.98B | $2.00B | $72.00M | $89.70M | $69.70M | $22.60M |
| Total Assets | $24.99B | $22.71B | $21.24B | $20.16B | $18.55B | $17.71B | $16.70B | $15.43B | $14.19B | $13.37B |
| Accounts Payable | $498.00M | $532.00M | $611.00M | $756.00M | $436.00M | $377.00M | $422.30M | $543.30M | $477.30M | $445.30M |
| Other Current Liabilities | $251.00M | $385.00M | $302.00M | $351.00M | $226.00M | $207.00M | $425.20M | $260.40M | $260.80M | $222.30M |
| Total Current Liabilities | $2.12B | $2.71B | $2.30B | $2.36B | $2.05B | $1.30B | $2.05B | $1.64B | $2.15B | $1.16B |
| Long-term Debt | $10.95B | $8.68B | $8.22B | $7.67B | $6.74B | $6.77B | $5.53B | $5.25B | $4.01B | $4.32B |
| Deferred Tax Liabilities | $2.31B | $2.19B | $2.04B | $1.94B | $1.93B | $1.81B | $1.71B | - | - | - |
| Other Non-current Liabilities | $984.00M | $947.00M | $617.00M | $518.00M | $388.00M | $374.00M | $298.90M | $287.20M | $306.40M | $279.30M |
| Common Stock | $3.00M | $3.00M | $3.00M | $3.00M | $3.00M | $2.00M | $2.50M | $2.40M | $2.30M | $2.30M |
| Retained Earnings | $4.24B | $3.95B | $3.76B | $3.51B | $3.25B | $2.99B | $2.77B | $2.55B | $2.35B | $2.18B |
| Total Stockholders Equity | $7.33B | $7.00B | $6.78B | $6.28B | $5.99B | $5.69B | $5.21B | $4.59B | $4.18B | $3.86B |
| Total Liabilities & Equity | $24.99B | $22.71B | $21.24B | $20.16B | $18.55B | $17.71B | $16.70B | $15.43B | $14.19B | $13.37B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.41B | $810.00M | $690.00M | $703.00M | $686.00M | $674.00M | $624.00M | $567.40M | $522.30M | $467.50M | $381.70M |
| Depreciation & Amortization | $845.00M | $846.00M | $772.00M | $676.00M | $671.00M | $657.00M | $615.00M | $567.20M | $506.90M | $461.80M | $411.60M |
| Change in Receivables | $1.07B | $652.00M | $547.00M | $414.00M | $672.00M | $530.00M | $468.00M | $471.70M | $475.40M | $-29.60M | $121.40M |
| Change in Payables | - | $14.00M | $96.00M | $-122.00M | $78.00M | $37.00M | $-3.00M | - | - | - | - |
| Operating Cash Flow | $1.91B | $1.17B | $1.17B | $867.00M | $486.00M | $582.00M | $501.00M | $660.40M | $527.70M | $983.40M | $859.60M |
| Investing Cash Flow | $-3.19B | $-1.90B | $-1.55B | $-1.40B | $-933.00M | $-728.00M | $-951.00M | $-1.29B | $-1.07B | $-1.50B | $-1.19B |
| Debt Repayment | $300.00M | $300.00M | $809.00M | $508.00M | $633.00M | $8.00M | $657.00M | $256.50M | $855.70M | $4.60M | $313.40M |
| Stock Issued | - | $23.00M | $23.00M | $246.00M | $25.00M | $28.00M | $247.00M | $390.30M | $196.60M | $149.60M | $26.60M |
| Dividends Paid | $912.00M | $521.00M | $492.00M | $456.00M | $428.00M | $403.00M | $377.00M | $337.70M | $312.20M | $288.30M | $266.50M |
| Financing Cash Flow | $1.95B | $1.20B | $398.00M | $573.00M | $431.00M | $130.00M | $488.00M | $619.10M | $530.70M | $532.60M | $329.30M |
| Net Change in Cash | $667.00M | $475.00M | $18.00M | $39.00M | $-16.00M | $-16.00M | $38.00M | $-7.80M | $-8.40M | $20.80M | $1.90M |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $1.21B | $1.08B | $3.30B | $3.00B |
| Cost of Revenue | $166.00M | $165.00M | $474.00M | $464.00M |
| Operating Expenses | $861.00M | $768.00M | $2.47B | $2.34B |
| Operating Income | $349.00M | $313.00M | $828.00M | $665.00M |
| Interest Expense | $128.00M | $114.00M | $373.00M | $326.00M |
| Other Income/Expense | - | - | $-3.00M | $-2.00M |
| Income Before Tax | $263.00M | $233.00M | $559.00M | $436.00M |
| Income Tax Expense | $-18.00M | $-62.00M | $-109.00M | $-104.00M |
| Net Income | $281.00M | $295.00M | $668.00M | $540.00M |
| Basic EPS | 1.09 | 1.15 | 2.60 | 2.11 |
| Diluted EPS | 1.09 | 1.15 | 2.59 | 2.10 |
| Basic Shares Outstanding | $257.00M | $256.60M | $256.90M | $256.40M |
| Diluted Shares Outstanding | $257.80M | $256.90M | $257.50M | $256.70M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $503.00M | $81.00M |
| Short-term Investments | $250.00M | - |
| Accounts Receivable | $485.00M | $427.00M |
| Other Current Assets | $193.00M | $171.00M |
| Total Current Assets | $1.84B | $1.18B |
| Property Plant & Equipment | $19.81B | $18.70B |
| Long-term Investments | $689.00M | $639.00M |
| Other Non-current Assets | $2.28B | $2.19B |
| Total Assets | $24.63B | $22.71B |
| Accounts Payable | $550.00M | $532.00M |
| Other Current Liabilities | $360.00M | $385.00M |
| Total Current Liabilities | $2.23B | $2.71B |
| Long-term Debt | $10.65B | $8.68B |
| Deferred Tax Liabilities | $2.19B | $2.19B |
| Other Non-current Liabilities | $971.00M | $947.00M |
| Common Stock | $3.00M | $3.00M |
| Retained Earnings | $4.23B | $3.95B |
| Total Stockholders Equity | $7.31B | $7.00B |
| Total Liabilities & Equity | $24.63B | $22.71B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | - | - | $668.00M | $540.00M |
| Depreciation & Amortization | $211.00M | $195.00M | $631.00M | $571.00M |
| Change in Receivables | - | - | $391.00M | $388.00M |
| Operating Cash Flow | - | - | $900.00M | $913.00M |
| Capital Expenditure | - | - | $1.49B | $1.28B |
| Investing Cash Flow | - | - | $-1.60B | $-940.00M |
| Debt Repayment | - | - | $300.00M | $305.00M |
| Dividends Paid | - | - | $391.00M | $369.00M |
| Financing Cash Flow | - | - | $1.13B | $794.00M |
| Net Change in Cash | - | - | $422.00M | $767.00M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.