98.77
+0.85%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$2.93bn
FY2016FY2025
Net income
$379.7m
FY2016FY2025
Free cash flow
$309.6m
FY2016FY2025
Shareholders' equity
$1.01bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.93bn | $2.73bn | $2.46bn | $1.81bn | $1.60bn | $1.05bn | $1.33bn | $1.01bn | $882.6m | $1.31bn |
| Gross profit | $982.6m | $938.5m | $795.7m | $566.4m | $446.1m | $193.5m | $343.0m | $289.6m | $252.8m | $315.6m |
| Research and development | — | — | $11.2m | $10.7m | $10.3m | $9.4m | $8.8m | $7.3m | $17.5m | $39.0m |
| Operating income | $736.4m | $709.0m | $564.0m | $469.1m | $369.1m | $88.0m | $215.7m | $228.9m | $145.7m | $194.2m |
| Net income | $379.7m | $426.8m | $417.3m | $439.4m | $249.1m | −$81.9m | $137.5m | $352.8m | $140.5m | $108.1m |
| Diluted earnings per share | 5.29 | 5.72 | 5.51 | 5.77 | 3.19 | -1.02 | 1.68 | 4.30 | 1.51 | 1.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $7.48bn | $7.28bn | $6.96bn | $6.21bn | $2.98bn | $2.69bn | $2.55bn | $1.73bn | $2.36bn | $2.25bn |
| Cash and short-term investments | $288.5m | $175.5m | $144.5m | $129.8m | $291.3m | $67.4m | $96.2m | $133.3m | $51.7m | $45.3m |
| Total liabilities | $6.43bn | $6.17bn | $6.06bn | $5.66bn | $2.67bn | $2.32bn | $2.04bn | $1.25bn | $1.72bn | $1.57bn |
| Debt | $5.14bn | $4.95bn | $4.88bn | $4.62bn | $1.98bn | $1.63bn | $1.47bn | $884.3m | $1.13bn | $921.7m |
| Shareholders' equity | $1.01bn | $1.08bn | $893.6m | $551.5m | $306.8m | $367.1m | $508.3m | $473.3m | $640.3m | $685.0m |
| Shares outstanding | 72m | 75m | 76m | 76m | 78m | 80m | 82m | 82m | 93m | 101m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $769.8m | $772.7m | $605.8m | $536.8m | $335.5m | $141.9m | $289.6m | $197.8m | $218.2m | $226.8m |
| Capital spending | −$460.2m | −$547.0m | −$676.5m | −$456.8m | −$91.8m | −$234.2m | −$163.3m | −$149.4m | −$116.9m | −$57.2m |
| Free cash flow | $309.6m | $225.7m | −$70.7m | $80.0m | $243.7m | −$92.3m | $126.3m | $48.4m | $101.3m | $169.6m |
| Dividends paid | −$30.8m | −$29.2m | −$27.1m | −$26.0m | −$24.8m | −$23.4m | −$22.2m | −$23.7m | −$21.5m | −$19.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $980.0m | $663.0m | $665.9m | $683.0m | $934.4m | $642.6m | $624.2m | $628.5m |
| Gross profit | $980.0m | $203.0m | $196.7m | $204.3m | $392.1m | $189.5m | $179.7m | $185.6m |
| Operating income | $357.0m | $144.0m | $158.9m | $98.0m | $327.7m | $168.2m | $114.0m | $159.2m |
| Net income | $241.0m | $81.0m | $49.8m | $37.9m | $216.9m | $76.7m | $71.7m | $64.4m |
| Diluted earnings per share | 3.44 | 1.16 | 0.69 | 0.53 | 3.02 | 1.07 | 0.96 | 0.86 |
| Cash from operations | $217.0m | $295.0m | $96.0m | $186.0m | $240.0m | $247.0m | $130.0m | $169.0m |
| Capital spending | −$58.0m | −$59.0m | −$50.0m | −$244.0m | −$85.0m | −$80.0m | −$129.0m | −$125.0m |
| Free cash flow | $159.0m | $236.0m | $46.0m | −$58.0m | $155.0m | $167.0m | $1.0m | $44.0m |
| Total assets | $7.52bn | $7.49bn | $7.48bn | $7.45bn | $7.38bn | $7.35bn | $7.28bn | $7.17bn |
| Cash and short-term investments | $196.0m | $200.0m | $288.5m | $180.5m | $182.4m | $174.2m | $175.5m | $152.7m |
| Debt | $4.78bn | $4.94bn | $5.14bn | $5.11bn | $5.01bn | $4.89bn | $4.92bn | $4.83bn |
| Shareholders' equity | $1.34bn | $1.10bn | $1.01bn | $1.03bn | $1.04bn | $1.07bn | $1.08bn | $1.10bn |
Financial ratios
Data as of 12 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 33.6% | 34.3% | 32.3% | 31.3% | 27.9% | 18.4% | — | — |
| Operating margin | 28.4% | 31.6% | 33.7% | 41.8% | 26.8% | 8.3% | — | — |
| Net margin | 13.0% | 15.6% | 17.0% | 24.3% | 15.6% | -7.8% | — | — |
| Return on equity | 37.6% | 39.4% | 46.7% | 79.7% | 81.2% | -22.3% | — | — |
| Return on assets | 5.1% | 5.9% | 6.0% | 7.1% | 8.4% | -3.0% | — | — |
| Free cash flow yield | 21.4% | 22.1% | 21.2% | 16.3% | 6.9% | 5.9% | — | — |
| Revenue growth | 7.0% | 11.1% | 36.0% | 13.3% | 51.5% | -20.7% | — | — |
| Earnings growth | -11.0% | 2.3% | -5.0% | 76.4% | -404.2% | -159.6% | — | — |
| Current ratio | 0.60x | 0.57x | 0.53x | 0.55x | 1.27x | 0.55x | — | — |
| Debt to equity | 5.09x | 4.54x | 5.42x | 4.58x | 4.24x | 2.97x | — | — |
| Equity ratio | 13.5% | 14.9% | 12.8% | 8.9% | 10.3% | 13.7% | — | — |
| Interest coverage | 2.79x | 2.98x | 3.09x | 5.13x | 5.06x | 1.10x | — | — |
| R&D as a share of sales | — | — | 0.5% | 0.6% | 0.6% | 0.9% | 0.7% | 0.7% |
| Buybacks as a share of market value | 3.8% | 1.6% | 0.5% | 2.3% | 3.0% | 2.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 17.4% | 22.7% | 9.2% |
| Operating income | 16.2% | 52.9% | 19.5% |
| Net income | -4.8% | — | 19.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 33.9% | 33.1% | 31.2% | 29.5% |
| Operating margin | 25.5% | 25.0% | 23.3% | 21.0% |
| Net margin | 14.2% | 16.7% | 14.5% | 14.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 21.5 | 23.3 | 24.5 | 18.3 | 37.7 | -95.6 | 40.9 | 9.4 | 25.7 | 23.4 |
| Price to sales | 2.8 | 3.6 | 4.2 | 4.5 | 5.9 | 7.4 | 4.2 | 3.3 | 4.1 | 1.9 |
Market value over time
30 Nov 2016 to 9 Oct 2026, in USD
$2.58bn$5.60bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -10% | -4% | 30% | -6% | 9% | 50% | 65% | 8% | 48% | 13% |
Dividends and splits
Per share, in the currency the company pays
Paid for 33 years. Last went ex-dividend on 4 Dec 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.469 | 0.438 | 0.409 | 0.382 | 0.357 | 0.334 | 0.311 | 0.291 |
- 2-for-1 split · 22 May 2023
- 3-for-1 split · 28 Jan 2019
- 2-for-1 split · 15 Apr 1998
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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