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$1.24B
Revenue
$582.64M
Net Income
-
Gross Margin
-
Op. Margin
$-465.77M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 14 annual reports available (2012 - 2025)
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)
+ Total Revenue $1.24B $1.20B $1.29B $1.24B $1.19B $1.33B
Revenue Growth % 3.6% -7.2% 4.0% 4.2% -10.5% nan%
Cost of Revenue - - $38.27M $38.49M $82.36M $103.71M
+ Gross Profit - - $1.25B $1.20B $1.11B $1.23B
Gross Margin % nan% nan% 97.0% 96.9% 93.1% 92.2%
Operating Expenses $476.63M $405.86M $518.99M $473.10M $237.95M $565.10M
Interest Expense $82.75M $68.29M $108.01M $89.69M $84.45M $84.34M
Income Before Tax $763.18M $791.23M $771.29M $767.49M $952.78M $764.83M
Income Tax Expense $165.23M $173.05M $166.85M $164.37M $209.84M $164.16M
+ Net Income $582.64M $582.64M $604.44M $603.12M $742.93M $600.67M
Net Margin % 47.0% 48.7% 46.8% 48.6% 62.4% 45.2%
Basic EPS 4.18 4.18 3.96 3.81 4.42 3.19
Diluted EPS 4.14 4.14 3.92 3.77 4.35 3.16
Basic Shares Outstanding -820K 139.4M 152.5M 158.1M 167.9M 188.4M
Diluted Shares Outstanding -599K 140.8M 154.2M 160.1M 170.7M 190.3M
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)
Cash & Cash Equivalents $24.83M $38.82M $19.00M $56.18M $151.15M
Accounts Receivable $120.20M $128.09M $123.86M $119.83M $124.02M
Property Plant & Equipment $17.16M $27.64M $63.82M $70.98M $75.09M
Total Assets $8.12B $8.66B $7.59B $7.06B $7.84B
Deferred Tax Liabilities $942.19M $746.68M $589.56M $391.08M $337.51M
Total Liabilities $3.34B $4.04B $3.20B $3.14B $3.58B
Common Stock - - $173.00K $176.00K $194.00K
Retained Earnings $5.13B $4.70B $4.24B $3.79B $3.18B
Treasury Stock - - - $930.64M $920.80M
Total Stockholders Equity $4.78B $4.62B $4.40B $3.92B $4.26B
Total Liabilities & Equity $8.12B $8.66B $7.59B $7.06B $7.84B
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)
Net Income $727.20M $582.64M $604.44M $603.12M $742.93M $600.67M
Depreciation & Amortization - $10.00M $15.00M $12.00M - -
Deferred Income Tax $255.47M $138.62M $162.28M $165.00M $206.93M $161.79M
Change in Receivables $-69.00K $-793.00K $1.48M $1.62M $-4.21M $2.72M
Operating Cash Flow $-457.86M $119.86M $-663.57M $529.43M $388.30M $557.11M
Capital Expenditure $7.91M $4.21M $3.17M $16.28M $17.67M $12.60M
Sales of Investments $1.49B $853.02M $903.39M $498.08M $789.93M $1.23B
Investing Cash Flow $464.83M $127.29M $327.75M $-300.84M $-5.17M $-1.86M
Debt Repayment - - - - - -
Stock Issued $1.93M $1.04M $928.00K $1.75M $1.34M $1.38M
Stock Repurchased $1.07B $431.91M $225.06M $133.31M $400.19M $399.10M
Dividends Paid $258.82M $145.62M $151.96M $145.91M $135.44M $103.30M
Financing Cash Flow $-35.32M $-243.10M $357.23M $-265.09M $-479.18M $-496.78M
Net Change in Cash $-28.35M $4.05M $21.41M $-36.49M $-96.06M $58.47M
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 $303.19M $313.38M $896.57M $913.63M
Operating Expenses $104.49M $99.07M $306.38M $278.41M
Interest Expense $17.18M $21.89M $51.10M $71.46M
Income Before Tax $198.69M $214.31M $590.19M $635.22M
Income Tax Expense $45.89M $47.75M $130.81M $138.66M
Net Income $141.44M $151.89M $427.80M $456.15M
Basic EPS 1.04 1.00 3.05 2.98
Diluted EPS 1.03 0.99 3.03 2.95
Basic Shares Outstanding $137.00M $151.85M $140.26M $153.20M
Diluted Shares Outstanding $137.93M $153.07M $141.41M $154.61M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $15.26M $19.22M
Accounts Receivable $128.76M $120.99M
Property Plant & Equipment $18.66M $23.37M
Total Assets $8.20B $8.69B
Deferred Tax Liabilities $910.26M $772.23M
Total Liabilities $3.55B $4.07B
Retained Earnings $5.01B $4.70B
Total Stockholders Equity $4.65B $4.62B
Total Liabilities & Equity $8.20B $8.69B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $141.44M $151.89M $427.80M $456.15M
Deferred Income Tax - - $126.86M $134.70M
Change in Receivables - - $7.78M $12.76M
Operating Cash Flow - - $-287.13M $-394.16M
Capital Expenditure - - $3.34M $1.39M
Sales of Investments - - $611.83M $640.20M
Investing Cash Flow - - $204.60M $292.43M
Stock Issued - - $1.03M $928.00K
Stock Repurchased - - $431.91M $149.04M
Dividends Paid - - $110.74M $115.23M
Financing Cash Flow - - $57.10M $111.74M
Net Change in Cash - - $-25.43M $10.01M

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.

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