15.70
+2.75%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$5.04bn
FY2016FY2025
Net income
$228.3m
FY2016FY2025
Free cash flow
$252.9m
FY2016FY2025
Shareholders' equity
−$515.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.04bn | $4.99bn | $5.06bn | $5.20bn | $5.80bn | $5.54bn | $4.88bn | $4.89bn | $4.43bn | $4.49bn |
| Gross profit | $3.81bn | $3.89bn | $3.87bn | $4.03bn | $4.56bn | $4.39bn | $3.92bn | $3.97bn | $3.58bn | $3.63bn |
| Operating income | $441.5m | $385.9m | $356.4m | $545.2m | $734.1m | $640.6m | $568.1m | $683.1m | $617.1m | $458.1m |
| Net income | $228.3m | $254.3m | $142.2m | $321.3m | $447.2m | $372.6m | $311.0m | $296.6m | $213.9m | $260.0m |
| Diluted earnings per share | 2.20 | 2.49 | 1.42 | 3.25 | 4.32 | 3.00 | 2.21 | 2.05 | 1.47 | 1.51 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $2.79bn | $2.73bn | $2.81bn | $2.73bn | $2.82bn | $3.08bn | $2.68bn | $2.79bn | $2.90bn | $2.57bn |
| Cash and short-term investments | $353.1m | $415.3m | $575.2m | $508.0m | $601.5m | $1.05bn | $839.4m | $1.20bn | $1.28bn | $844.0m |
| Total liabilities | $3.30bn | $3.53bn | $3.87bn | $4.00bn | $4.21bn | $3.93bn | $3.07bn | $3.51bn | $3.23bn | $2.37bn |
| Debt | $1.99bn | $2.26bn | $2.56bn | $2.69bn | $2.76bn | $2.43bn | $1.80bn | $2.45bn | $2.27bn | $1.45bn |
| Shareholders' equity | −$515.1m | −$801.1m | −$1.06bn | −$1.27bn | −$1.39bn | −$856.1m | −$390.0m | −$723.4m | −$334.7m | $196.3m |
| Shares outstanding | 104m | 102m | 100m | 99m | 104m | 124m | 141m | 145m | 146m | 172m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $333.3m | $285.4m | $357.5m | $352.5m | $460.3m | $628.6m | $457.5m | $648.4m | $590.8m | $367.3m |
| Capital spending | −$80.4m | −$122.0m | −$135.0m | −$156.4m | −$151.4m | −$112.0m | −$106.1m | −$84.0m | −$95.5m | −$143.4m |
| Free cash flow | $252.9m | $163.4m | $222.5m | $196.1m | $308.9m | $516.6m | $351.4m | $564.4m | $495.3m | $223.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.33bn | $1.32bn | $1.28bn | $1.27bn | $1.26bn | $1.22bn | $1.21bn | $1.24bn |
| Gross profit | $1.03bn | $996.3m | $963.8m | $955.1m | $982.2m | $956.5m | $939.9m | $971.6m |
| Operating income | $128.3m | $141.1m | $76.4m | $173.8m | $186.2m | $125.4m | $109.5m | $183.6m |
| Net income | −$26.3m | $61.9m | $85.4m | $43.2m | $49.3m | $50.4m | $177.9m | $47.4m |
| Diluted earnings per share | -0.25 | 0.59 | 0.82 | 0.42 | 0.48 | 0.49 | 1.74 | 0.46 |
| Cash from operations | $146.0m | $113.0m | $98.0m | $138.0m | $96.0m | — | $69.0m | $99.0m |
| Capital spending | −$22.0m | −$10.0m | −$18.0m | −$20.0m | −$22.0m | −$18.0m | −$25.0m | −$27.0m |
| Free cash flow | $124.0m | $103.0m | $80.0m | $118.0m | $74.0m | — | $44.0m | $72.0m |
| Total assets | $2.86bn | $2.88bn | $2.79bn | $2.70bn | $2.74bn | $2.68bn | $2.73bn | $2.65bn |
| Cash and short-term investments | $370.5m | $451.2m | $353.1m | $309.2m | $320.9m | $329.4m | $415.3m | $402.5m |
| Debt | $2.05bn | $1.99bn | $2.03bn | $2.06bn | $2.18bn | $2.23bn | $2.30bn | $2.30bn |
| Shareholders' equity | −$474.5m | −$441.5m | −$515.1m | −$612.0m | −$660.5m | −$736.0m | −$801.1m | −$954.2m |
Financial ratios
Data as of 2 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 75.6% | 77.9% | 76.5% | 77.4% | 78.6% | 79.2% |
| Operating margin | 9.7% | 7.8% | 7.3% | 10.8% | 12.3% | 11.7% |
| Net margin | 4.5% | 5.1% | 2.8% | 6.2% | 7.7% | 6.7% |
| Return on equity | -44.3% | -31.7% | -13.4% | -25.4% | -32.1% | -43.5% |
| Return on assets | 8.2% | 9.3% | 5.1% | 11.8% | 15.9% | 12.1% |
| Free cash flow yield | 30.6% | 30.6% | 37.6% | 39.4% | 45.2% | 45.7% |
| Revenue growth | 0.9% | -1.4% | -2.7% | -10.3% | 4.7% | 13.6% |
| Earnings growth | -10.2% | 78.8% | -55.7% | -28.2% | 20.0% | 19.8% |
| Current ratio | 1.13x | 0.93x | 1.10x | 1.39x | 1.33x | 1.58x |
| Debt to equity | -3.93x | -2.87x | -2.45x | -2.16x | -2.02x | -2.88x |
| Equity ratio | -18.5% | -29.4% | -37.7% | -46.3% | -49.3% | -27.8% |
| Interest coverage | 2.28x | 1.78x | 2.22x | 4.05x | 4.66x | 4.88x |
| Buybacks as a share of market value | -1.6% | -1.7% | -1.3% | 4.4% | 16.7% | 11.7% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.1% | -1.9% | 1.2% |
| Operating income | -6.8% | -7.2% | -2.8% |
| Net income | -10.8% | -9.3% | -3.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 76.7% | 76.9% | 77.6% | 79.0% |
| Operating margin | 8.2% | 8.5% | 9.8% | 11.0% |
| Net margin | 4.8% | 4.7% | 5.6% | 5.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 5.8 | 2.7 | 10.8 | 4.6 | 9.5 | 16.0 | 21.6 | 28.8 | 23.1 | 15.9 |
| Price to sales | 0.3 | 0.1 | 0.3 | 0.3 | 0.7 | 1.1 | 1.4 | 1.8 | 1.1 | 0.9 |
Market value over time
30 Nov 2016 to 30 Oct 2026, in USD
$4.24bn$1.36bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 100% | -53% | 15% | -67% | -17% | -1% | -15% | 67% | 40% | -12% |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 1 Mar 2022.
| FY2022 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.10 | 0.15 | 0.60 | 0.60 | 0.362 | 0.225 | 0.20 | 0.20 |
- 2-for-1 split · 15 May 2018
- 2-for-1 split · 18 May 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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