BANNER CORP (BANR)
Banner Corporation, the parent entity of Banner Bank, delivers a comprehensive suite of commercial banking and financial solutions. It serves a diverse clientele, including private individuals, commercial enterprises, and governmental organizations across the United States. Its offerings encompass various deposit options, such as interest-bearing and non-interest-bearing checking accounts, money market accounts, standard savings plans, and certificates of deposit. Additionally, it provides treasury management services and retirement savings opportunities. The company extends a wide array of lending products. These include commercial real estate financing for owner-occupied properties, investment ventures, and multi-unit residential buildings; loans for construction, land acquisition, and development; home mortgages; commercial business loans; agricultural financing; and diverse consumer credit options like home equity lines of credit, vehicle loans (automobiles, boats, recreational vehicles), and loans secured by deposit accounts. Beyond traditional banking, Banner Corporation is active in mortgage banking, originating and selling residential loans for single-family to four-family homes and multi-family units, alongside Small Business Administration (SBA) loans. It also provides modern electronic and digital banking services. As of December 31, 2021, the corporation maintained a physical presence through 150 branch locations and 18 loan production offices spread across Washington, Oregon, California, Idaho, and Utah. Established in 1890, Banner Corporation's main office is situated in Walla Walla, Washington.
Sector: State Commercial Banks
Industry: Banks - Regional
Banner Corporation
NASDAQ:BANRFinancial Services · Banks - Regional
-0.04%$70.09
Prev close$70.12-0.04%Close$70.090.00%AH close$70.09
AH$70.09+0.00%vs close
Mkt Cap$2.55B
Float33.37M
O/S36.44M
Inst Own88.4%
Div Yield2.94%
Dilution
Financials Summary
Revenue$819.49M
Net Income$195.38M
Total Assets$16.35B
Free Cash Flow$247.95M
Debt & Equity
Debt 16%
Equity 84%
Total Debt$372.62M
Total Equity$1.95B
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:7Reverse splitJun 1, 20117 shares → 1
Balance Sheet Details
Assets$16.35B
Liabilities$14.41B
Accounts Receivable$60.52M
Accounts Payable$0
Inventory$0
PP&E (Net)$144.26M
Goodwill$373.12M
Intangible Assets$1.49M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Revenue | $819.49M | $827.33M | $741.69M | $643.14M | $630.77M | $636.51M | $619.57M | $550.15M | $488.34M | $472.24M | $314.67M | $236.84M | $222.78M | $215.86M | $231.68M | $247.23M | $282.57M | $312.79M | $333.89M | $263.59M | $200.7M | $173.2M | $160.02M | $160.15M | $171.13M | $167.55M | $119.8M | $89.9M | $70.4M | $43.1M |
| YoY Growth | -0.9% | 11.5% | 15.3% | 2.0% | -0.9% | 2.7% | 12.6% | 12.7% | 3.4% | 50.1% | 32.9% | 6.3% | 3.2% | -6.8% | -6.3% | -12.5% | -9.7% | -6.3% | 26.7% | 31.3% | 15.9% | 8.2% | -0.1% | -6.4% | 2.1% | 39.9% | 33.3% | 27.7% | 63.3% | - |
| Cost of Revenue | $171.78M | $231.97M | $136.36M | $29.75M | -$9.78M | $105.72M | $66.77M | $41.16M | $27.25M | $22.44M | $12.15M | $10.79M | $13M | $32.51M | $67.99M | $130.31M | $201.8M | $187.84M | $151.59M | $121.61M | $86.28M | $65.56M | $67.15M | $86.97M | $99.9M | $92.46M | $63.2M | $48.3M | $37.8M | $23.8M |
| Gross Profit | $647.71M | $595.36M | $605.34M | $613.38M | $640.55M | $530.79M | $552.8M | $508.99M | $461.09M | $449.8M | $302.52M | $226.05M | $209.78M | $183.35M | $163.69M | $116.92M | $80.77M | $124.94M | $182.3M | $141.98M | $114.42M | $107.64M | $92.87M | $73.18M | $71.23M | $75.09M | $56.6M | $41.6M | $32.6M | $19.3M |
| Gross Margin | 79.0% | 72.0% | 81.6% | 95.4% | 101.6% | 83.4% | 89.2% | 92.5% | 94.4% | 95.2% | 96.1% | 95.4% | 94.2% | 84.9% | 70.7% | 47.3% | 28.6% | 39.9% | 54.6% | 53.9% | 57.0% | 62.1% | 58.0% | 45.7% | 41.6% | 44.8% | 47.2% | 46.3% | 46.3% | 44.8% |
| Research and Development | $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 |
| Selling, General, and Administrative | $342.66M | $267.1M | $259.89M | $252.87M | $255.97M | $258.33M | $237.09M | $215.41M | $205.42M | $195.14M | $138.12M | $98.46M | $93.6M | $89.6M | $85.8M | $96.77M | $101.09M | $100.44M | $84.28M | $72.56M | $66.65M | $57.24M | $50.41M | $40.48M | $31.04M | $27.18M | $16.6M | $14.5M | $11.6M | $6.6M |
| Other | $63.69M | $118.78M | $118.36M | $119.73M | $137.99M | $130.01M | $132.58M | $128.48M | $104.41M | $125.02M | $96.43M | $46.47M | $45.78M | $53.66M | $72.43M | $64.03M | $42.5M | $159.58M | $43.2M | $21.82M | $30.89M | $22.48M | $19.47M | $19.96M | $28.6M | $19.32M | $15.3M | $6.6M | $7.8M | $3.8M |
| Total Operating Expenses | $406.35M | $385.88M | $378.25M | $372.61M | $393.96M | $388.34M | $369.67M | $343.88M | $309.83M | $320.16M | $234.55M | $144.93M | $139.38M | $143.25M | $158.23M | $160.8M | $143.59M | $260.02M | $127.49M | $94.38M | $97.55M | $79.71M | $69.88M | $60.45M | $59.64M | $46.5M | $31.9M | $21.1M | $19.4M | $10.4M |
| Operating Income (EBIT) | $241.35M | $209.49M | $227.09M | $240.78M | $246.59M | $142.45M | $183.13M | $165.11M | $151.26M | $129.64M | $67.97M | $81.12M | $70.4M | $40.1M | $5.46M | -$43.88M | -$62.82M | -$135.08M | $54.81M | $47.6M | $16.88M | $27.93M | $23M | $12.74M | $11.59M | $28.59M | $24.7M | $20.5M | $13.2M | $8.9M |
| Operating Margin | 29.5% | 25.3% | 30.6% | 37.4% | 39.1% | 22.4% | 29.6% | 30.0% | 31.0% | 27.5% | 21.6% | 34.3% | 31.6% | 18.6% | 2.4% | -17.7% | -22.2% | -43.2% | 16.4% | 18.1% | 8.4% | 16.1% | 14.4% | 8.0% | 6.8% | 17.1% | 20.6% | 22.8% | 18.8% | 20.6% |
| Interest Expense | $217.04M | $224.39M | $125.57M | $19.39M | $23.61M | $37.84M | $56.77M | $32.66M | $19.25M | $16.41M | $12.15M | $10.79M | $13M | $19.51M | $32.99M | $60.31M | $92.8M | $125.34M | $145.69M | $116.11M | $81.38M | $59.91M | $59.85M | $65.97M | $85.94M | $89.59M | $60.4M | $46.7M | $36.4M | $23.3M |
| Interest Income | $804.95M | $766.1M | $701.57M | $572.57M | $520.5M | $519.15M | $525.69M | $463.65M | $412.28M | $391.48M | $254.43M | $190.66M | $179.71M | $187.16M | $197.56M | $218.08M | $237.37M | $273.16M | $295.31M | $243.02M | $190.16M | $156.23M | $140.44M | $144.28M | $157.67M | $158.3M | $112.3M | $85.2M | $67.3M | $41.4M |
| Other Income (Expense) | -$2.44M | $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 |
| Income Before Tax (EBT) | $238.91M | $209.49M | $227.09M | $240.78M | $246.59M | $142.45M | $183.13M | $165.11M | $151.26M | $129.64M | $67.97M | $81.12M | $70.4M | $40.1M | $5.46M | -$43.88M | -$62.82M | -$135.08M | $54.81M | $47.6M | $16.88M | $27.93M | $23M | $12.74M | $11.59M | $28.59M | $24.7M | $20.5M | $13.2M | $8.9M |
| Income Tax Expense | $43.53M | $40.59M | $43.46M | $45.4M | $45.55M | $26.52M | $36.85M | $28.59M | $90.49M | $44.26M | $22.75M | $27.05M | $24.19M | -$24.79M | $0 | $18.01M | -$27.05M | -$7.08M | $17.89M | $16.05M | $4.9M | $8.59M | $6.89M | $3.48M | $4.14M | $10.24M | $9.3M | $7.4M | $3.9M | $2.6M |
| Net Income | $195.38M | $168.9M | $183.62M | $195.38M | $201.05M | $115.93M | $146.28M | $136.51M | $60.78M | $85.39M | $45.22M | $54.07M | $46.21M | $64.88M | $5.46M | -$61.9M | -$35.76M | -$127.99M | $36.92M | $31.54M | $11.98M | $19.34M | $16.11M | $9.26M | $7.45M | $18.35M | $15.4M | $13.1M | $9.3M | $6.3M |
| Net Income Margin | 23.8% | 20.4% | 24.8% | 30.4% | 31.9% | 18.2% | 23.6% | 24.8% | 12.4% | 18.1% | 14.4% | 22.8% | 20.7% | 30.1% | 2.4% | -25.0% | -12.7% | -40.9% | 11.1% | 12.0% | 6.0% | 11.2% | 10.1% | 5.8% | 4.4% | 11.0% | 12.9% | 14.6% | 13.2% | 14.6% |
| Supplementary Data | ||||||||||||||||||||||||||||||
| EPS | 5.67 | 4.90 | 5.35 | 5.70 | 5.81 | 3.29 | 4.20 | 4.16 | 1.85 | 2.52 | 1.90 | 2.79 | 2.39 | 3.17 | -0.15 | -7.21 | -16.31 | -55.58 | 17.71 | 18.55 | 7.28 | 12.18 | 10.43 | 5.95 | 4.69 | 11.34 | 10.22 | 8.27 | 6.16 | 3.92 |
| Diluted EPS | 5.64 | 4.88 | 5.33 | 5.67 | 5.76 | 3.26 | 4.18 | 4.15 | 1.84 | 2.52 | 1.89 | 2.79 | 2.38 | 3.16 | -0.15 | -7.21 | -16.31 | -55.58 | 17.43 | 18.06 | 7.00 | 11.55 | 10.08 | 5.74 | 4.48 | 11.20 | 9.80 | 7.95 | 6.09 | 3.92 |
| Weighted Average OS | 34.21M | 34.47M | 34.34M | 34.26M | 34.61M | 35.26M | 34.87M | 32.78M | 32.89M | 33.82M | 23.80M | 19.36M | 19.36M | 18.65M | 16.72M | 9.66M | 2.66M | 2.32M | 2.08M | 1.70M | 1.65M | 1.59M | 1.54M | 1.56M | 1.59M | 1.62M | 1.51M | 1.58M | 1.51M | 1.61M |
| EBITDA | $259.36M | $230.19M | $248.72M | $262.99M | $270.51M | $168.31M | $208.25M | $186.39M | $172.21M | $150.16M | $81.09M | $91.18M | $79.8M | $49.98M | $16.33M | -$32.22M | -$50.4M | -$121.72M | $63.05M | $53.68M | $21.82M | $32.44M | $30.88M | $16.54M | $18.98M | $35.86M | $31.5M | $24.1M | $14.9M | $9.6M |
| EBITDA Margin | 31.6% | 27.8% | 33.5% | 40.9% | 42.9% | 26.4% | 33.6% | 33.9% | 35.3% | 31.8% | 25.8% | 38.5% | 35.8% | 23.2% | 7.0% | -13.0% | -17.8% | -38.9% | 18.9% | 20.4% | 10.9% | 18.7% | 19.3% | 10.3% | 11.1% | 21.4% | 26.3% | 26.8% | 21.2% | 22.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Assets | |||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $182.77M | $501.86M | $254.46M | $243.06M | $2.13B | $1.23B | $307.74M | $272.2M | $261.2M | $247.72M | $261.92M | $126.07M | $137.35M | $181.3M | $132.44M | $361.65M | $323M | $102.75M | $98.43M | $73.39M | $116.45M | $51.77M | $77.3M | $132.91M | $67.73M | $67.36M | $44.77M | $72.5M | $42.5M | $24.5M | $9M |
| Short-Term Investments | $42.9M | $23.29M | $0 | $2.79B | $3.64B | $2.32B | $1.55B | $1.64B | $919.49M | $806.43M | $1.14B | $411.02M | $470.28M | $472.92M | $465.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $225.67M | $525.14M | $254.46M | $3.03B | $5.77B | $3.56B | $1.86B | $1.91B | $1.18B | $1.05B | $1.4B | $537.09M | $607.63M | $654.22M | $598.23M | $361.65M | $323M | $102.75M | $98.43M | $73.39M | $116.45M | $51.77M | $77.3M | $132.91M | $67.73M | $67.36M | $44.77M | $72.5M | $42.5M | $24.5M | $9M |
| Accounts Receivable | $60.52M | $60.88M | $63.1M | $57.28M | $42.92M | $46.62M | $37.96M | $38.59M | $31.26M | $30.18M | $29.63M | $15.28M | $23.72M | $13.93M | $15.57M | $28.91M | $36.43M | $30.89M | $26.59M | $23.27M | $17.39M | $15.1M | $13.41M | $13.69M | $12.93M | $12.96M | $10.73M | $9.9M | $7.6M | $7M | $4.6M |
| Inventory | $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 |
| Other Current Assets | $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 |
| Total Current Assets | $286.2M | $586.03M | $317.56M | $3.09B | $5.82B | $3.6B | $1.9B | $1.95B | $1.21B | $1.08B | $1.43B | $552.37M | $631.35M | $668.15M | $613.8M | $390.56M | $359.44M | $133.64M | $125.02M | $96.66M | $133.84M | $66.86M | $90.71M | $146.6M | $80.66M | $80.32M | $55.5M | $82.4M | $50.1M | $31.5M | $13.6M |
| Long-Term Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $144.26M | $164.59M | $175.96M | $188.04M | $204.02M | $219.92M | $178.01M | $171.81M | $154.81M | $166.48M | $167.6M | $91.19M | $90.27M | $89.12M | $91.44M | $96.5M | $103.54M | $97.65M | $98.1M | $58M | $50.2M | $39.31M | $22.82M | $20.75M | $18.15M | $17.75M | $16.64M | $16M | $11.4M | $10.5M | $6.6M |
| Goodwill | $373.12M | $373.12M | $373.12M | $373.12M | $373.12M | $373.12M | $373.12M | $339.15M | $242.66M | $244.58M | $247.74M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $1.49M | $3.06M | $5.68M | $9.44M | $14.86M | $21.43M | $29.16M | $32.92M | $22.66M | $30.16M | $37.47M | $2.83M | $10.54M | $13.93M | $6.33M | $8.61M | $11.07M | $30.89M | $26.59M | $23.27M | $17.39M | $15.1M | $13.41M | $13.69M | $12.93M | $12.96M | $10.73M | $9.9M | $7.6M | $7M | $0 |
| Long-Term Investments | $14.45B | $14.31B | $14.1B | $11.18B | $9.57B | $10.37B | $9.65B | $8.99B | $7.81B | $7.88B | $7.5B | $3.89B | $3.45B | $3.24B | $3.29B | $3.58B | $3.87B | $4B | $4.02B | $3.2B | $2.72B | $2.66B | $2.4B | $1.98B | $1.88B | $1.8B | $1.67B | $1.47B | $1.06B | $934.4M | $709M |
| Deferred Tax Assets | $0 | $148.86M | $153.37M | $178.13M | $71.14M | $65.74M | $59.64M | $75.02M | $71.43M | $127.69M | $134.97M | $23.87M | $27.48M | $35.01M | $0 | $0 | $14.81M | $5.53M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.1B | $610.44M | $539.88M | $815.62M | $755.46M | $378.81M | $415.51M | $312.04M | $248.86M | $261.05M | $276.52M | $163.73M | $190.65M | $224.39M | $256.88M | $332.38M | $368.01M | $334.56M | $111.72M | $100.14M | $100.16M | $93.53M | $82.23M | $77.71M | $79.58M | $51.87M | $39.96M | $32.4M | $22.1M | $19.3M | $14M |
| Total Long-Term Assets | $16.07B | $15.61B | $15.35B | $12.74B | $10.99B | $11.43B | $10.71B | $9.92B | $8.55B | $8.71B | $8.37B | $4.17B | $3.76B | $3.6B | $3.64B | $4.02B | $4.36B | $4.45B | $4.37B | $3.4B | $2.91B | $2.83B | $2.54B | $2.12B | $2.01B | $1.9B | $1.76B | $1.55B | $1.1B | $976.1M | $729.6M |
| Other Assets | $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 |
| Total Assets | $16.35B | $16.2B | $15.67B | $15.83B | $16.8B | $15.03B | $12.6B | $11.87B | $9.76B | $9.79B | $9.8B | $4.72B | $4.39B | $4.27B | $4.26B | $4.41B | $4.72B | $4.58B | $4.49B | $3.5B | $3.04B | $2.9B | $2.64B | $2.26B | $2.09B | $1.98B | $1.82B | $1.63B | $1.15B | $1.01B | $743.2M |
| Liabilities | |||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||
| Accounts Payable | $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 |
| Short-Term Debt | $107.72M | $125.26M | $182.88M | $232.8M | $264.49M | $184.78M | $118.47M | $119M | $95.86M | $105.69M | $98.33M | $77.19M | $83.06M | $76.63M | $152.13M | $0 | $176.84M | $145.23M | $167.04M | $280.61M | $226.1M | $367.7M | $389.88M | $465.74M | $501.98M | $274.82M | $71.55M | $126.5M | $91.7M | $117.9M | $154M |
| Current Income Tax Payable | $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 |
| Current Unearned 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $14.04B | $13.51B | $13.03B | $13.62B | $14.33B | $12.57B | $10.05B | $9.48B | $8.18B | $8.12B | $8.06B | $3.9B | $3.62B | $3.56B | $3.48B | $3.59B | $3.87B | $3.78B | $3.62B | $2.79B | $2.32B | $1.93B | $1.67B | $1.5B | $1.3B | $1.19B | $1.08B | $950.9M | $591.5M | $545M | $374M |
| Total Current Liabilities | $14.14B | $13.64B | $13.21B | $14.05B | $14.74B | $12.9B | $10.4B | $9.7B | $8.35B | $8.3B | $8.23B | $4.01B | $3.73B | $3.66B | $3.65B | $3.61B | $4.07B | $3.96B | $3.79B | $3.08B | $2.55B | $2.29B | $2.06B | $1.96B | $1.8B | $1.47B | $1.15B | $1.08B | $683.2M | $662.9M | $528M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | $229.15M | $437.75M | $482.26M | $223.8M | $268.38M | $365.18M | $569.3M | $654.28M | $98.91M | $149.42M | $225.86M | $110.25M | $101.18M | $83.37M | $60.52M | $267.76M | $414.31M | $173.19M | $204.99M | $123.72M | $233.72M | $356.14M | $348.82M | $41.2M | $76.72M | $306.82M | $476.63M | $360.2M | $297.5M | $175.8M | $45.1M |
| Long-Term Unearned 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.6M | $13.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $304.83M | $274.4M | $44.29M | $46.68M | $45.46M | $45.69M | $40.34M | $41.04M | $40.07M | $40.47M | $16.81M | $16.44M | $14.45M | $13.31M | $0 | -$176.84M | $13.15M | $62.18M | $46.42M | $35.76M | $32.1M | $22.88M | $68.07M | $20.25M | $14.69M | $14.61M | $10.7M | $23.2M | $20.3M | $16M |
| Total Long-Term Liabilities | $264.91M | $786.06M | $805.33M | $323.3M | $374.82M | $469.98M | $614.99M | $694.62M | $139.95M | $189.49M | $266.33M | $127.06M | $117.62M | $97.82M | $73.83M | $282.36M | $250.68M | $186.34M | $267.17M | $170.13M | $269.48M | $388.24M | $371.69M | $109.27M | $96.96M | $321.5M | $491.23M | $370.9M | $320.7M | $196.1M | $61.1M |
| Other Liabilities | $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 |
| Total Liabilities | $14.41B | $14.43B | $14.02B | $14.38B | $15.11B | $13.37B | $11.01B | $10.39B | $8.49B | $8.49B | $8.5B | $4.14B | $3.85B | $3.76B | $3.72B | $3.89B | $4.32B | $4.15B | $4.05B | $3.25B | $2.82B | $2.68B | $2.43B | $2.07B | $1.89B | $1.79B | $1.64B | $1.45B | $1B | $859M | $589.1M |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $120.7M | $119M | $117.41M | $115.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.28B | $1.31B | $1.3B | $1.29B | $1.3B | $1.35B | $1.37B | $1.34B | $1.19B | $1.21B | $1.26B | $568.88M | $569.03M | $567.91M | $531.15M | $509.46M | $331.54M | $314.75M | $300.49M | $135.15M | $130.57M | $127.46M | $123.38M | $120.55M | $126.84M | $133.84M | $123.2M | $0 | $0 | $0 | $0 |
| Retained Earnings | $871.8M | $744.09M | $642.17M | $525.24M | $390.76M | $247.32M | $186.84M | $134.06M | $90.53M | $95.33M | $39.62M | $14.26M | -$25.07M | -$61.1M | -$119.47M | -$115.35M | -$42.08M | $2.15M | $139.64M | $120.21M | $96.78M | $92.33M | $80.29M | $70.81M | $68.1M | $66.89M | $69.17M | $60M | $73M | $62.6M | $55.4M |
| Comprehensive Income & Other | -$208.01M | -$277.27M | -$289.13M | -$362.77M | $184K | $69.07M | $33.26M | $7.1M | -$5.04M | -$3.46M | -$730K | -$258K | -$3M | $2.1M | $2.05M | $350K | $249K | $572K | -$2.28M | -$5.13M | -$5.69M | -$4.57M | -$861K | $2.5M | -$2.61M | -$6.94M | -$13.2M | $2.3M | $2.7M | -$400K | $800K |
| Other Stockholders' Equity | -$208.01M | -$277.27M | -$289.13M | -$362.77M | $184K | $69.07M | $33.26M | $7.1M | -$5.04M | -$3.46M | -$730K | -$258K | -$4.98M | $114K | $120.77M | $117.36M | $115.67M | $116.44M | -$2.28M | -$5.13M | -$5.69M | -$4.57M | -$861K | -$990K | -$2.61M | -$6.94M | -$13.2M | $123.6M | $77.2M | $86M | $98.7M |
| Total Equity | $1.95B | $1.77B | $1.65B | $1.46B | $1.69B | $1.67B | $1.59B | $1.48B | $1.27B | $1.31B | $1.3B | $582.89M | $538.97M | $506.92M | $532.45M | $511.47M | $405.13M | $433.35M | $437.85M | $250.23M | $221.66M | $215.22M | $202.8M | $190.38M | $192.34M | $193.79M | $179.17M | $183.6M | $150.2M | $148.6M | $154.1M |
| Minority Interest | $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 |
| Total Liabilities and Equity | $16.35B | $16.2B | $15.67B | $15.83B | $16.8B | $15.03B | $12.6B | $11.87B | $9.76B | $9.79B | $9.8B | $4.72B | $4.39B | $4.27B | $4.26B | $4.41B | $4.72B | $4.58B | $4.49B | $3.5B | $3.04B | $2.9B | $2.64B | $2.26B | $2.09B | $1.98B | $1.82B | $1.63B | $1.15B | $1.01B | $743.2M |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Total Debt | $372.62M | $606.48M | $713.8M | $511.81M | $592.63M | $609.3M | $687.78M | $773.27M | $194.77M | $255.1M | $324.19M | $187.44M | $184.23M | $160M | $212.65M | $267.76M | $591.16M | $318.42M | $372.04M | $404.33M | $459.82M | $723.84M | $738.7M | $506.94M | $578.7M | $581.64M | $548.18M | $486.7M | $389.2M | $293.7M | $199.1M |
| Net Debt | $189.85M | $104.63M | $459.34M | $268.75M | -$1.54B | -$624.88M | $380.04M | $501.08M | -$66.43M | $7.38M | $62.27M | $61.36M | $46.88M | -$21.3M | $80.21M | -$93.89M | $268.15M | $215.67M | $273.61M | $330.94M | $343.37M | $672.08M | $661.4M | $374.04M | $510.97M | $514.28M | $503.41M | $414.2M | $346.7M | $269.2M | $190.1M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | $51.25M | $168.9M | $183.62M | $195.38M | $201.05M | $115.93M | $146.28M | $136.51M | $60.78M | $85.39M | $45.22M | $54.07M | $46.21M | $64.88M | $5.46M | -$61.9M | -$35.76M | -$127.99M | $36.92M | $31.54M | $11.98M | $19.34M | $16.11M | $9.26M | $7.45M | $18.35M | $15.4M | $13.1M | $9.3M | $6.3M |
| Depreciation & Amortization | $18.01M | $20.7M | $21.63M | $22.21M | $23.92M | $25.86M | $25.43M | $21.28M | $20.95M | $20.52M | $13.12M | $10.05M | $9.4M | $9.88M | $10.87M | $11.67M | $12.42M | $13.35M | $8.23M | $6.08M | $4.95M | $4.51M | $7.88M | $3.8M | $7.39M | $7.28M | $6.8M | $3.6M | $1.7M | $700K |
| Deferred Income Tax | $4.74M | $7.06M | -$1.66M | $15.87M | $12.71M | -$16.16M | $7.9M | $440K | $53.3M | $5.7M | -$5.42M | $14.74M | -$2.95M | -$33.92M | $0 | $15.09M | -$6.66M | -$9.83M | -$1.36M | -$1.27M | $2.84M | $0 | $0 | $0 | -$973K | $678K | -$100K | $400K | -$300K | -$200K |
| Stock-Based Compensation | $17.49M | $10.03M | $9.17M | $8.87M | $9.26M | $9.17M | $7.14M | $6.55M | $5.96M | $4.3M | $4.33M | $2.27M | $1.05M | $440K | $136K | $83K | $162K | $330K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||
| Accounts Receivable | $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 |
| Inventory | $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 |
| Accounts Payable | $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 |
| Other Working Capital | -$26.22M | -$21.72M | $4.1M | -$4.78M | -$8.88M | -$23.17M | -$4.58M | $1.46M | $3.63M | $3.21M | -$5.15M | $1.06M | $25.65M | $2.42M | $20.06M | $13.6M | -$51.31M | -$4.6M | -$317K | $9.52M | -$4.83M | $1.04M | $15.17M | $15.57M | -$344K | -$2.97M | -$1.7M | -$100K | $900K | $3.1M |
| Total Working Capital Change | -$26.22M | -$21.72M | $4.1M | -$4.78M | -$8.88M | -$23.17M | -$4.58M | $1.46M | $3.63M | $3.21M | -$5.15M | $1.06M | $25.65M | $2.42M | $20.06M | $13.6M | -$51.31M | -$4.6M | -$317K | $9.52M | -$4.83M | $1.04M | $15.17M | $15.57M | -$344K | -$2.97M | -$1.7M | -$100K | $900K | $3.1M |
| Other Non-Cash Items | $192.2M | $108.22M | $40.34M | $501K | $63.52M | $13.76M | -$32.56M | -$135.47M | $202.09M | -$194.94M | -$35.89M | $15.88M | $16.01M | $37.72M | $64.79M | $135.97M | $156.26M | $125.85M | $47.49M | -$2.13M | $4.79M | $10.58M | -$5.58M | $12.78M | -$30.35M | $1.3M | $2M | -$9.5M | $800K | -$700K |
| Net Cash from Operating | $257.46M | $293.19M | $257.2M | $238.05M | $301.58M | $125.39M | $149.61M | $30.77M | $346.7M | -$75.82M | $16.22M | $98.07M | $95.37M | $81.42M | $101.31M | $114.52M | $75.11M | -$2.89M | $90.97M | $43.74M | $19.72M | $35.47M | $33.58M | $41.41M | -$16.83M | $24.63M | $22.4M | $7.5M | $12.4M | $9.2M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -$3.35M | -$13.75M | -$14.65M | -$14.72M | -$10.49M | -$12.8M | -$24.7M | -$23.09M | -$12.24M | -$16.24M | -$12.07M | -$5.93M | -$8.21M | -$5.61M | -$3.59M | -$2.17M | -$8.87M | -$10.19M | -$27.4M | -$13.43M | -$16.05M | -$20.45M | -$5.29M | -$5.45M | -$3.62M | -$3.89M | -$3.1M | -$2M | -$1.5M | -$1.3M |
| Acquisitions | $0 | $0 | $0 | -$168.14M | $0 | $0 | $26.94M | -$1.57M | $113.22M | $0 | $24.21M | $127.56M | $6.81M | $0 | $0 | $0 | $0 | -$150K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$6K | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$54.17M | -$63.17M | -$58.17M | -$850.55M | -$2.95B | -$2.64B | -$332.35M | -$923.56M | -$844.74M | -$303.46M | -$155.35M | -$97.67M | -$224.13M | -$436.49M | -$634.67M | -$247.23M | -$95.36M | -$60.57M | -$6.71M | -$7.94M | -$34.95M | -$187.37M | -$739.79M | -$355.22M | -$125.38M | -$25.27M | -$356.8M | -$235.8M | -$488.4M | -$562M |
| Sales of Investments | $86.61M | $369.86M | $600.41M | $639.39M | $1.44B | $1.72B | $458.56M | $421.21M | $721.46M | $572.3M | $359.03M | $127.98M | $197.49M | $414.5M | $368.29M | $142.28M | $30.78M | $2.05M | $980K | $44.57M | $310.23M | $282.15M | $468.93M | $239.46M | $141.07M | $64.84M | $304.7M | $224M | $536M | $433.8M |
| Other Investing Activities | -$253.82M | -$664.11M | -$335.65M | -$1.05B | $505.25M | -$518.39M | -$271.56M | -$449.2M | -$370.99M | -$106.15M | -$200.76M | -$316M | -$178.37M | $80.08M | $98.76M | $283.17M | $13.62M | -$199.01M | -$245.97M | -$522.79M | -$343.35M | -$372.18M | -$172.89M | $22.68M | -$81.81M | -$177.15M | -$137.4M | -$102.7M | -$160.1M | -$117.5M |
| Net Cash from Investing | -$224.74M | -$371.17M | $191.93M | -$1.44B | -$1.02B | -$1.45B | -$143.11M | -$976.22M | -$393.29M | $146.45M | $15.06M | -$164.07M | -$206.42M | $52.48M | -$171.21M | $176.05M | -$59.83M | -$267.88M | -$279.09M | -$499.59M | -$84.12M | -$297.85M | -$449.03M | -$98.54M | -$69.73M | -$141.47M | -$192.6M | -$116.5M | -$114M | -$247M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Debt Repaid | -$127.33M | $57.62M | $49.92M | $130.69M | $108M | -$164.34M | -$168.33M | -$7.86M | $9.83M | $87.65M | -$16.13M | $5.88M | -$23.42M | $75.5M | $56.5M | $146.54M | -$111.1M | $4.53M | $79.53M | $56.27M | $264.8M | -$13.67M | -$21.66M | $6.85M | -$5.64M | $7.01M | $500K | $3.7M | $400K | -$2.2M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34K | $127K | $72K | $36.32M | $21.56M | $177.84M | $14.72M | $145.62M | $39.17M | $6.89M | $6.53M | $8.47M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$34.99M | -$2.17M | -$3.48M | -$10.96M | -$56.53M | -$31.77M | -$53.92M | -$34.4M | -$31.05M | -$50.77M | $0 | $0 | $0 | -$121.53M | $0 | $0 | -$47K | -$14.27M | -$2.1M | -$2.45M | -$3.08M | -$4.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$67.53M | -$66.73M | -$66.77M | -$61.08M | -$57.62M | -$94.08M | -$56.07M | -$59.28M | -$65.76M | -$28.28M | -$17.17M | -$13.46M | -$7.8M | -$6.47M | -$8.83M | -$8.87M | -$7.5M | -$10.39M | -$10.6M | -$8.55M | -$7.85M | -$7.11M | -$6.49M | -$6.48M | -$6.28M | -$5.55M | -$3.6M | -$2.6M | -$1.9M | -$500K |
| Other Financing Activities | $228.62M | $484.9M | -$590.56M | -$532M | $1.76B | $2.52B | $270.71M | $502.26M | $220.7M | $65.48M | $225.97M | $68.94M | $51.42M | $82.15M | -$115.54M | -$274.35M | $86.7M | $158.66M | $266.22M | $472.39M | $398.26M | $254.97M | $173.16M | $168.47M | $103.1M | $116.07M | $130.8M | $48M | $37.8M | $14.3M |
| Net Cash from Financing | -$111.94M | $325.38M | -$437.73M | -$684.73M | $1.61B | $2.26B | $29.04M | $956.44M | $60.07M | -$84.83M | $104.57M | $54.72M | $67.11M | -$85.03M | -$159.32M | -$251.93M | $204.98M | $275.09M | $213.16M | $412.79M | $129.08M | $236.84M | $359.84M | $122.32M | $86.93M | $139.43M | $200.2M | $127M | $117M | $241.3M |
| Forex Effect | -$353.64M | $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 |
| Net Change in Cash | -$432.85M | $247.39M | $11.4M | -$1.89B | $900.12M | $926.45M | $35.54M | $11M | $13.48M | -$14.2M | $135.84M | -$11.28M | -$43.95M | $48.86M | -$229.22M | $38.65M | $220.25M | $4.32M | $25.05M | -$43.06M | $64.68M | -$25.53M | -$55.61M | $65.18M | $372K | $22.59M | -$42.5M | $18M | -$9M | -$5.5M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Operating Cash Flow | $257.46M | $293.19M | $257.2M | $238.05M | $301.58M | $125.39M | $149.61M | $30.77M | $346.7M | -$75.82M | $16.22M | $98.07M | $95.37M | $81.42M | $101.31M | $114.52M | $75.11M | -$2.89M | $90.97M | $43.74M | $19.72M | $35.47M | $33.58M | $41.41M | -$16.83M | $24.63M | $22.4M | $7.5M | $12.4M | $9.2M |
| Capital Expenditure | -$9.51M | -$13.75M | -$14.65M | -$14.72M | -$10.49M | -$12.8M | -$24.7M | -$23.09M | -$12.24M | -$16.24M | -$12.07M | -$5.93M | -$8.21M | -$5.61M | -$3.59M | -$2.17M | -$8.87M | -$10.19M | -$27.4M | -$13.43M | -$16.05M | -$20.45M | -$5.29M | -$5.45M | -$3.62M | -$3.89M | -$3.1M | -$2M | -$1.5M | -$1.3M |
| Free Cash Flow | $247.95M | $279.44M | $242.55M | $223.33M | $291.08M | $112.58M | $124.91M | $7.68M | $334.46M | -$92.06M | $4.14M | $92.13M | $87.16M | $75.8M | $97.73M | $112.35M | $66.24M | -$13.09M | $63.58M | $30.32M | $3.67M | $15.03M | $28.3M | $35.95M | -$20.45M | $20.75M | $19.3M | $5.5M | $10.9M | $7.9M |
| Cash at Beginning | $501.86M | $254.46M | $243.06M | $2.13B | $1.23B | $307.74M | $272.2M | $261.2M | $247.72M | $261.92M | $126.07M | $137.35M | $181.3M | $132.44M | $361.65M | $323M | $102.75M | $98.43M | $73.39M | $116.45M | $51.77M | $77.3M | $132.91M | $67.73M | $67.36M | $44.77M | $42.5M | $24.5M | $9M | $5.5M |
| Cash at End | $69M | $501.86M | $254.46M | $243.06M | $2.13B | $1.23B | $307.74M | $272.2M | $261.2M | $247.72M | $261.92M | $126.07M | $137.35M | $181.3M | $132.44M | $361.65M | $323M | $102.75M | $98.43M | $73.39M | $116.45M | $51.77M | $77.3M | $132.91M | $67.73M | $67.36M | $72.5M | $42.5M | $24.4M | $9M |