Service Properties Trust (SVC)
Service Properties Trust (SVC) operates as a Real Estate Investment Trust (REIT), maintaining a broad and varied collection of hotels alongside retail properties that provide essential services and necessities under net lease agreements. These holdings are geographically spread throughout the United States, Puerto Rico, and Canada, featuring assets tied to 149 unique brands across 23 different sectors. Most of these properties are run via long-term management or lease contracts. The oversight and management of SVC are handled by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company situated in Newton, Massachusetts.
Sector: Real Estate Investment Trusts
Industry: REIT - Hotel & Motel
Service Properties Trust
NASDAQ:SVCReal Estate · REIT - Hotel & Motel
-1.13%$6.15
AH Close$6.15+0.00%vs close
AH Close$6.15+0.00%vs close
Mkt Cap$796.48M
Float129.11M
O/S129.51M
Inst Own77.6%
SI4.6%
Div Yield4.07%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.81B
Net Income-$202.32M
Total Assets$6.49B
Free Cash Flow$117.81M
Debt & Equity
Debt 89%
Equity 11%
Total Debt$5.48B
Total Equity$646.12M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
2-year cumulative
1:5
Nasdaq bars a compliance period at 1:250
- 1:5Reverse splitJul 7, 20265 shares → 1
Balance Sheet Details
Assets$6.49B
Liabilities$5.85B
Accounts Receivable$241K
Accounts Payable$458.91M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$100.04M
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 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 |
| Revenue | $1.81B | $1.9B | $1.87B | $1.86B | $1.5B | $1.27B | $2.32B | $2.29B | $2.17B | $2.05B | $1.92B | $1.74B | $1.56B | $1.3B | $1.21B | $1.09B | $1.04B | $1.25B | $1.28B | $1.04B | $834.41M | $645.37M | $552.8M | $348.71M | $303.88M | $263.02M | $237.22M | $174.96M | $114.13M | $82.63M | $23.64M |
| YoY Growth | -4.3% | 1.2% | 0.6% | 24.6% | 18.2% | -45.4% | 0.9% | 5.6% | 6.1% | 6.5% | 10.7% | 11.0% | 20.6% | 7.2% | 11.5% | 4.7% | -17.2% | -2.2% | 23.2% | 24.6% | 29.3% | 16.7% | 58.5% | 14.8% | 15.5% | 10.9% | 35.6% | 53.3% | 38.1% | 249.5% | - |
| Cost of Revenue | $1.25B | $1.29B | $1.24B | $1.24B | $1.03B | $682.8M | $1.41B | $1.39B | $1.28B | $1.2B | $1.14B | $1.04B | $929.58M | $700.94M | $596.62M | $477.6M | $460.87M | $767.19M | $659.71M | $169.04M | $129.9M | $127.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $566.7M | $602.96M | $632.29M | $622.48M | $469.19M | $582.45M | $903.43M | $902.18M | $892.39M | $844.67M | $777.92M | $701.18M | $634.27M | $596.04M | $613.72M | $607.89M | $576.38M | $485.48M | $620.85M | $870.38M | $704.51M | $518.28M | $552.8M | $348.71M | $303.88M | $263.02M | $237.22M | $174.96M | $114.13M | $82.63M | $23.64M |
| Gross Margin | 31.2% | 31.8% | 33.7% | 33.4% | 31.4% | 46.0% | 39.0% | 39.3% | 41.1% | 41.3% | 40.5% | 40.4% | 40.6% | 46.0% | 50.7% | 56.0% | 55.6% | 38.8% | 48.5% | 83.7% | 84.4% | 80.3% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| 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 | $0 |
| Selling, General, and Administrative | $40.67M | $40.24M | $45.4M | $44.4M | $53.44M | $50.67M | $54.64M | $104.86M | $125.4M | $99.11M | $109.84M | $45.9M | $50.09M | $44.03M | $40.96M | $38.96M | $39.66M | $37.75M | $37.22M | $26.19M | $23.3M | $19.39M | $16.8M | $15.49M | $14.84M | $14.77M | $13.23M | $10.47M | $6.78M | $4.92M | $1.41M |
| Other | $314.96M | $371.79M | $384.06M | $401.11M | $485.96M | $531.78M | $0 | $403.08M | $386.66M | $357.34M | $329.78M | $315.88M | $299.32M | $260.83M | $228.34M | $238.09M | $245.87M | $312M | $213.98M | $762.74M | $608.65M | $448.7M | $253.25M | $146.99M | $115.77M | $84.3M | $74.71M | $54.76M | $32.66M | $20.4M | $10.88M |
| Total Operating Expenses | $355.63M | $412.02M | $429.46M | $445.51M | $539.4M | $582.45M | $54.64M | $507.94M | $512.06M | $456.45M | $439.61M | $361.77M | $349.41M | $304.86M | $269.31M | $277.05M | $285.53M | $296.53M | $251.2M | $788.92M | $631.95M | $468.09M | $270.05M | $162.48M | $130.61M | $99.07M | $87.94M | $65.23M | $39.45M | $25.32M | $12.29M |
| Operating Income (EBIT) | $211.07M | $190.93M | $202.84M | $176.97M | -$70.22M | $0 | $848.79M | $394.24M | $380.33M | $386.86M | $335.94M | $339.17M | $273.58M | $278.46M | $325.84M | $330.84M | $147.44M | $135.73M | $365.61M | $250.49M | $195.17M | $177.28M | $282.75M | $186.23M | $173.27M | $163.95M | $149.28M | $109.73M | $74.69M | $57.31M | $11.35M |
| Operating Margin | 11.6% | 10.1% | 10.8% | 9.5% | -4.7% | - | 36.6% | 17.2% | 17.5% | 18.9% | 17.5% | 19.5% | 17.5% | 21.5% | 26.9% | 30.5% | 14.2% | 10.8% | 28.6% | 24.1% | 23.4% | 27.5% | 51.1% | 53.4% | 57.0% | 62.3% | 62.9% | 62.7% | 65.4% | 69.4% | 48.0% |
| Interest Expense | $367.28M | $352.67M | $336.34M | $341.8M | $365.72M | $306.49M | $225.13M | $195.21M | $181.58M | $153.76M | $139.05M | $134M | $139.75M | $129.93M | $134.11M | $138.71M | $143.41M | $147.18M | $140.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $9M | $4.05M | $20.98M | $3.38M | $664K | $284K | $2.21M | $1.53M | $798K | $274K | $44K | $77K | $121K | $268K | $70K | $260K | $214K | $1.31M | $0 | $2.67M | $1.37M | $384K | $398K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$424.11M | -$465.06M | -$237.11M | -$309.55M | -$475.32M | -$284.26M | -$586.24M | -$207.83M | -$169.07M | -$159.87M | -$178.99M | -$140.26M | -$145.83M | -$124.92M | -$133.9M | -$145.17M | -$92.23M | $9.77M | -$135.6M | -$81.45M | -$7.3M | -$50.19M | -$55.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | -$213.04M | -$274.12M | -$34.28M | -$132.58M | -$545.54M | -$284.26M | $262.54M | $186.41M | $201.9M | $226.99M | $156.95M | $198.91M | $127.75M | $153.53M | $191.94M | $21.99M | $198.54M | $135.84M | $230.01M | $169.04M | $129.9M | $127.09M | $238.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Tax Expense | -$10.72M | $1.4M | -$1.5M | -$199K | -$941K | $17.21M | $2.79M | $1.2M | -$3.28M | $4.02M | $1.57M | $1.95M | -$5.09M | $1.61M | $1.5M | $638K | $5.2M | $1.85M | $2.19M | -$170.59M | $72.56M | $50.19M | $44.54M | $44.02M | $41.31M | $37.68M | $37.35M | $28.39M | $15.53M | $5.65M | $0 |
| Net Income | -$202.32M | -$275.53M | -$32.78M | -$132.38M | -$544.6M | -$311.38M | $259.75M | $185.73M | $215.14M | $223.11M | $166.42M | $197.19M | $133.18M | $151.92M | $190.44M | $21.35M | $193.34M | $134M | $330.97M | $169.04M | $129.9M | $127.09M | $238.21M | $142.2M | $131.96M | $126.27M | $111.93M | $81.34M | $59.15M | $51.66M | $11.35M |
| Net Income Margin | -11.1% | -14.5% | -1.7% | -7.1% | -36.4% | -24.6% | 11.2% | 8.1% | 9.9% | 10.9% | 8.7% | 11.4% | 8.5% | 11.7% | 15.7% | 2.0% | 18.6% | 10.7% | 25.8% | 16.3% | 15.6% | 19.7% | 43.1% | 40.8% | 43.4% | 48.0% | 47.2% | 46.5% | 51.8% | 62.5% | 48.0% |
| Supplementary Data | |||||||||||||||||||||||||||||||
| EPS | -6.10 | -8.35 | -1.00 | -4.10 | -16.50 | -9.15 | 7.90 | 5.65 | 6.20 | 6.50 | 4.85 | 5.90 | 3.65 | 4.20 | 6.50 | -0.35 | 7.55 | 5.55 | 16.35 | 11.00 | 8.75 | 8.55 | 17.85 | 10.75 | 10.60 | 10.55 | 10.15 | 9.60 | 10.75 | 11.15 | 4.55 |
| Diluted EPS | -6.10 | -8.35 | -1.00 | -4.10 | -16.50 | -9.15 | 7.90 | 5.65 | 6.20 | 6.50 | 4.85 | 5.90 | 3.65 | 4.20 | 6.50 | -0.35 | 7.55 | 5.55 | 16.35 | 11.00 | 8.75 | 8.55 | 17.85 | 10.75 | 10.60 | 10.55 | 10.15 | 9.60 | 10.75 | 11.15 | 4.55 |
| Weighted Average OS | 33.19M | 33.07M | 33.00M | 32.95M | 32.91M | 32.88M | 32.86M | 32.85M | 32.83M | 31.21M | 30.14M | 29.93M | 27.51M | 24.69M | 24.69M | 24.68M | 21.60M | 18.79M | 18.62M | 14.66M | 13.97M | 13.25M | 12.51M | 12.51M | 11.80M | 11.29M | 10.51M | 8.46M | 5.51M | 4.63M | 2.51M |
| EBITDA | $473.43M | $462.63M | $664.8M | $588.09M | $286.05M | $506.27M | $840.43M | $784.7M | $779.49M | $738.1M | $665.71M | $655.05M | $580.91M | $411.73M | $436.46M | $430.48M | $393.31M | $428.12M | $588.84M | $394.89M | $489.35M | $426.43M | $289.72M | $285.35M | $267.08M | $248.26M | $226.21M | $164.49M | $107.98M | $78.05M | $17.19M |
| EBITDA Margin | 26.1% | 24.4% | 35.5% | 31.6% | 19.1% | 40.0% | 36.3% | 34.2% | 35.9% | 36.1% | 34.6% | 37.7% | 37.1% | 31.7% | 36.1% | 39.7% | 37.9% | 34.2% | 46.0% | 38.0% | 58.6% | 66.1% | 52.4% | 81.8% | 87.9% | 94.4% | 95.4% | 94.0% | 94.6% | 94.5% | 72.7% |
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 | $346.81M | $143.48M | $180.12M | $38.37M | $944.04M | $73.33M | $27.63M | $25.97M | $24.14M | $10.9M | $13.68M | $11.83M | $22.5M | $20.05M | $8.3M | $4.88M | $130.4M | $22.45M | $23.4M | $553.26M | $18.57M | $15.89M | $6.43M | $7.34M | $38.96M | $24.6M | $73.55M | $24.61M | $81.73M | $38.07M | $2.13M |
| Short-Term Investments | $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 |
| Cash and Short-Term Investments | $346.81M | $143.48M | $180.12M | $38.37M | $944.04M | $73.33M | $27.63M | $25.97M | $24.14M | $10.9M | $13.68M | $11.83M | $22.5M | $20.05M | $8.3M | $4.88M | $130.4M | $22.45M | $23.4M | $553.26M | $18.57M | $15.89M | $6.43M | $7.34M | $38.96M | $24.6M | $73.55M | $24.61M | $81.73M | $38.07M | $2.13M |
| Accounts Receivable | $241K | $3.91M | $63.21M | $35.03M | $48.17M | $55.53M | $68.65M | $94.28M | $81.2M | $67.61M | $52.83M | $21.87M | $38.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $852K | $1.62M | $1.67M | $322K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$39.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$241K | $57.01M | $28.21M | $128.96M | $518.89M | $31.67M | $141.12M | $194.04M | $73.36M | $60.46M | $51.21M | $33.98M | $30.87M | $40.74M | $68.64M | $80.62M | $25.08M | $32.03M | $309.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $346.81M | $204.4M | $271.54M | $202.36M | $1.51B | $160.53M | $237.41M | $167.22M | $176.01M | $136.68M | $115.88M | $86.07M | $91.44M | $60.79M | $242.32M | $85.5M | $155.48M | $228.72M | $23K | $553.26M | $18.57M | $15.89M | $4.96M | $7.34M | $38.96M | $24.6M | $73.55M | $25.46M | $83.35M | $39.74M | $2.46M |
| Long-Term Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $157.13M | $0 | $0 | $0 | $0 | $77.01M | $6.64B | $6.21B | $6.04B | $5.67B | $5.66B | $5.35B | $4.77B | $4.89B | $5.21B | $5.35B | $5.35B | $3.33B | $3.01B | $2.62B | $2.69B | $2.34B | $2.27B | $2.16B | $2.08B | $1.77B | $1.21B | $816.47M | $326.75M |
| Goodwill | $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 |
| Intangible Assets | $100.04M | $107.96M | $130.62M | $252.36M | $283.24M | $325.85M | $378.22M | $105.75M | $108.29M | $108.55M | $110.85M | $113.17M | $116.15M | $144M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $5.62B | $115.82M | $113.3M | $165.67M | $123.85M | $0 | $0 | $8.64M | $8.19M | $130.3M | $6.83M | $6.83M | $5.91M | $5.63M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$191.4M | -$6.76B | -$6.45B | $655K | -$5.79B | -$5.78B | -$5.5B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | -$5.62B | $6.69B | $6.74B | $6.87B | $7.24B | $8.2B | $8.42B | $7.01B | $6.97B | $6.5B | $128.74M | $5.9B | $5.88B | $5.57B | $123.03M | $218.23M | $186.38M | $0 | -$5.35B | -$3.33B | -$3.01B | -$2.62B | -$2.69B | -$2.34B | -$2.27B | -$2.16B | -$2.08B | -$1.77B | -$1.21B | -$816.47M | -$326.75M |
| Total Long-Term Assets | $100.04M | $6.92B | $7.14B | $7.29B | $7.64B | $8.53B | $8.8B | $7.01B | $6.97B | $6.5B | $6.29B | $5.9B | $5.88B | $5.57B | $4.89B | $5.11B | $5.39B | $5.35B | $5.35B | $3.33B | $3.01B | $2.62B | $2.69B | $2.34B | $2.27B | $2.16B | $2.08B | $1.77B | $1.21B | $816.47M | $326.75M |
| Other Assets | $6.04B | $0 | -$56.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $332.52M | $70.03M | $82.35M | $49.06M | $71.43M | $60.01M | $50.18M | $38.82M | $38.3M | $37.37M | $22.04M | $15.39M | $9.74M |
| Total Assets | $6.49B | $7.12B | $7.36B | $7.49B | $9.15B | $8.69B | $9.03B | $7.18B | $7.15B | $6.63B | $6.41B | $5.98B | $5.97B | $5.64B | $5.13B | $5.19B | $5.55B | $5.58B | $5.68B | $3.96B | $3.11B | $2.69B | $2.76B | $2.4B | $2.35B | $2.22B | $2.19B | $1.84B | $1.31B | $871.6M | $338.95M |
| Liabilities | |||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||
| Accounts Payable | $458.91M | $532.86M | $380.51M | $425.96M | $433.45M | $345.37M | $335.7M | $211.33M | $184.79M | $188.05M | $179.78M | $106.9M | $130.45M | $132.03M | $103.67M | $107.3M | $103.68M | $128.08M | $134.71M | $119.54M | $108.59M | $77.78M | $1.34M | $2.11M | $0 | $0 | $1.25M | $1.61M | $2.46M | $4.19M | $396K |
| Short-Term Debt | $16.43M | $150M | $0 | $0 | $1B | $78.42M | $377M | $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 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 | -$505.7M | $0 | $14.75M | $0 | $0 | $0 | $0 | -$71.39M | -$93.01M | -$69.13M | $194.25M | -$20.35M | -$20.68M | $282.68M | $0 | $0 | $0 | $172.96M | -$147.71M | -$124.73M | -$113.48M | -$134.57M | -$46.4M | $282.59M | $283.88M | $272.53M | -$1.25M | $216.84M | $153.44M | $81.36M | $33.67M |
| Total Current Liabilities | $16.43M | $706.98M | $395.26M | $443.87M | $1.45B | $454.36M | $733.14M | $451.25M | $665.84M | $442.69M | $719.46M | $138.73M | $148.81M | $435.4M | $112.14M | $114.96M | $111.29M | $308.81M | $313.5M | $310.1M | $298.8M | $306.1M | $290M | $284.7M | $285.6M | $273.3M | $260.3M | $249M | $180.4M | $101.4M | $41M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | $5.33B | $5.56B | $5.52B | $5.66B | $6.14B | $6.13B | $5.69B | $4.17B | $4B | $3.16B | $3.27B | $2.84B | $2.7B | $2.72B | $2.01B | $2.11B | $2.19B | $2.66B | $2.43B | $1.2B | $960.37M | $693.68M | $201M | $0 | $0 | $464.75M | $414.78M | $414.75M | $125M | $125M | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$7.17M | -$8.22M | -$8.46M | -$8.45M | $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 | $7.17M | $8.22M | $8.46M | $8.45M | $0 | $0 | $19.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $363.39M | $0 | $214.5M | $0 | $0 | $0 | $109.4M | $204.2M | $219.09M | $158.47M | -$140.68M | $53.42M | $48.55M | -$275.71M | $207.25M | $105.86M | $151.59M | $0 | -$2.43B | -$1.2B | -$960.37M | -$693.68M | -$201M | $0 | $0 | -$464.75M | -$414.78M | -$414.75M | -$125M | -$125M | $0 |
| Total Long-Term Liabilities | $5.85B | $5.56B | $5.73B | $5.66B | $6.14B | $6.13B | $5.79B | $4.13B | $3.73B | $3.06B | $2.88B | $2.85B | $2.73B | $2.47B | $2.22B | $2.22B | $2.35B | $2.66B | $2.58B | $1.2B | $960.4M | $697.5M | $826.1M | $474M | $464.8M | $464.7M | $414.8M | $414.8M | $125M | $125M | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$27K | $23K | -$48K | -$48K | -$27K | $36K | $45K | -$31K | $37K | -$19K | -$37K | -$5K | $0 |
| Total Liabilities | $5.85B | $6.27B | $6.13B | $6.1B | $7.6B | $6.58B | $6.53B | $4.58B | $4.39B | $3.5B | $3.6B | $2.99B | $2.88B | $2.9B | $2.33B | $2.33B | $2.46B | $2.97B | $2.89B | $1.51B | $1.26B | $1B | $1.12B | $758.74M | $750.45M | $737.97M | $675.14M | $663.78M | $305.36M | $226.4M | $41M |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $280.11M | $280.11M | $280.11M | $280.11M | $441.98M | $390.14M | $390.14M | $390.14M | $390.14M | $390.14M | $83.31M | $83.31M | $83.31M | $155.51M | $155.51M | $72.21M | $72.21M | $72.21M | $0 | $0 | $0 | $0 |
| Common Stock | $1.68M | $1.67M | $1.66M | $1.66M | $1.65M | $1.65M | $1.65M | $1.64M | $1.64M | $1.64M | $1.51M | $1.5M | $1.5M | $1.24M | $1.24M | $1.23M | $1.23M | $940K | $939K | $863K | $719K | $672K | $626K | $625K | $625K | $565K | $564K | $456K | $389K | $269K | $126K |
| Retained Earnings | -$3.92B | -$3.71B | -$3.34B | -$3.17B | -$3B | -$2.45B | -$2.04B | -$1.95B | -$1.87B | -$1.73B | -$1.62B | -$1.44B | -$1.32B | -$1.17B | -$1.06B | -$995.53M | -$764.88M | -$838.72M | -$653.52M | -$340.32M | -$288.45M | -$258.04M | -$180.02M | -$179.35M | $573.66M | $441.71M | -$59.6M | $203.51M | $122.2M | $63M | $11.3M |
| Comprehensive Income & Other | $2.07M | $1.86M | $2.32M | $2.38M | $779K | -$760K | $0 | -$266K | $79.36M | $39.58M | -$15.52M | $25.8M | $15.95M | $2.77M | $1.6M | $2.23M | $3.23M | -$511K | -$849.47M | -$707.84M | -$613.01M | -$556.52M | -$494.3M | -$425.91M | -$363.33M | -$271.93M | -$187.63M | -$112.92M | -$58.17M | -$26.22M | -$5.82M |
| Other Stockholders' Equity | $4.57B | $4.56B | $4.56B | $4.56B | $4.55B | $4.55B | $4.55B | $4.55B | $4.62B | $4.86B | $4.43B | $4.42B | $4.41B | $3.9B | $3.86B | $3.85B | $3.86B | $3.44B | $3.44B | $2.79B | $2.14B | $1.94B | $1.82B | $1.82B | $1.03B | $1.04B | $1.58B | $969.89M | $885.3M | $581.94M | $286.52M |
| Total Equity | $646.12M | $851.87M | $1.23B | $1.39B | $1.56B | $2.1B | $2.51B | $2.6B | $2.76B | $3.13B | $2.81B | $2.99B | $3.09B | $2.73B | $2.8B | $2.86B | $3.09B | $2.6B | $2.79B | $2.45B | $1.86B | $1.69B | $1.65B | $1.65B | $1.6B | $1.48B | $1.52B | $1.17B | $1.01B | $645.21M | $297.95M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.17B | $3.91B | $3.09B | $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 | $6.49B | $7.12B | $7.36B | $7.49B | $9.15B | $8.69B | $9.03B | $7.18B | $7.15B | $6.63B | $6.41B | $5.98B | $5.97B | $5.64B | $5.13B | $5.19B | $5.55B | $5.58B | $5.68B | $3.96B | $3.11B | $2.69B | $2.76B | $2.4B | $2.35B | $2.22B | $2.19B | $1.84B | $1.31B | $871.6M | $338.95M |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Total Debt | $5.48B | $5.71B | $5.52B | $5.66B | $7.14B | $6.21B | $6.06B | $4.17B | $4B | $3.16B | $3.29B | $2.84B | $2.7B | $2.72B | $2.12B | $2.11B | $2.19B | $2.66B | $2.58B | $1.2B | $960.37M | $693.68M | $201M | $474M | $464.8M | $464.75M | $414.78M | $414.75M | $125M | $125M | $0 |
| Net Debt | $5.14B | $5.57B | $5.34B | $5.62B | $6.2B | $6.14B | $6.03B | $4.15B | $3.98B | $3.15B | $3.27B | $2.83B | $2.68B | $2.7B | $2.11B | $2.11B | $2.06B | $2.64B | $2.56B | $646.57M | $941.8M | $677.78M | $194.57M | $466.66M | $425.84M | $440.15M | $341.23M | $390.14M | $43.27M | $86.93M | -$2.13M |
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 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 |
| Operating Activities | |||||||||||||||||||||||||||||||
| Net Income | -$202.32M | -$275.53M | -$32.78M | -$132.38M | -$544.6M | -$311.38M | $259.75M | $185.73M | $215.14M | $223.11M | $166.42M | $197.19M | $133.18M | $151.92M | $190.44M | $21.35M | $193.34M | $134M | $330.97M | $169.04M | $129.9M | $126.89M | $238.21M | $142.2M | $131.96M | $126.27M | $111.93M | $87.98M | $59.15M | $51.66M | $11.35M |
| Depreciation & Amortization | $314.96M | $371.79M | $384.06M | $401.11M | $485.96M | $498.91M | $428.45M | $403.08M | $386.66M | $357.34M | $329.78M | $315.88M | $299.32M | $260.83M | $228.34M | $238.09M | $245.87M | $239.17M | $218.32M | $144.4M | $134.69M | $114.88M | $107.34M | $99.12M | $93.81M | $84.3M | $76.93M | $54.76M | $33.29M | $20.74M | $5.84M |
| Deferred Income Tax | $2.68M | -$3.17M | -$1.29M | -$1.09M | -$1.69M | $13.85M | -$127K | -$1.05M | -$236K | $9K | -$69K | $143K | -$7.07M | $0 | $16.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.19M | $2.76M | $2.83M | $2.48M | $2.44M | $2.4M | $1.89M | $1.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||
| Accounts Receivable | $3.67M | $2.46M | $21.14M | -$8K | -$5.88M | -$33K | $3.27M | -$572K | -$1.22M | -$1.21M | -$2.11M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$14.09M | -$2.49M | -$1.09M | $2.26M | -$1.34M | -$762K | -$498K | -$541K | $1.2M | $1.4M | -$500K | -$1.6M | -$200K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.97M | $5.4M | $0 | $0 | $0 | $0 | $0 | $3.7M | $254.1M | $3.4M | $326K | $196K |
| Accounts Payable | -$61.46M | -$42.59M | $144.08M | -$11.51M | -$5.06M | $2.3M | $60.48M | $5.82M | -$572K | $8.75M | $362K | -$7.12M | $1.84M | $17.92M | $6.7M | -$4.42M | -$11.05M | -$10.77M | $21.88M | $7.19M | $6.8M | $8.81M | $9.52M | -$6.21M | $6.63M | $2M | $2.5M | $3.7M | $3.9M | $3M | $400K |
| Other Working Capital | $22.19M | -$2.75M | $36.13M | -$6.91M | $54.63M | -$60.43M | -$62.48M | -$14.71M | $7.36M | -$9.92M | $60.22M | -$1.31M | -$20.44M | -$17.84M | -$2.85M | -$1.06M | $1.14M | $4.07M | -$7.79M | -$2.97M | -$5.4M | -$11.08M | -$8.19M | $6.97M | -$6.13M | -$1.46M | -$3.71M | -$249M | -$3.37M | -$217K | $588K |
| Total Working Capital Change | -$35.59M | -$42.87M | $201.35M | -$18.43M | $43.69M | -$58.17M | $1.27M | -$8.89M | $6.79M | -$1.17M | $60.58M | -$8.43M | -$18.6M | $79K | $3.85M | -$5.48M | -$9.9M | -$6.7M | $7.79M | $4.7M | $5.71M | $11.08M | $8.19M | -$6.97M | $6.13M | $1.46M | $3.69M | $10.2M | $3.43M | $1.51M | $984K |
| Other Non-Cash Items | $38.08M | $89.17M | -$65.79M | -$6.08M | $66.54M | -$105.61M | -$71.62M | $14.89M | -$56.89M | -$49.61M | -$51.55M | -$43.66M | -$23.41M | -$48.92M | -$85.27M | $87.49M | -$109.19M | $8.97M | -$168.85M | -$46.59M | -$27.99M | -$29.73M | -$134.34M | -$24.11M | -$26.54M | -$23.68M | -$20.93M | -$18.54M | -$14.64M | -$12.17M | -$4.04M |
| Net Cash from Operating | $117.81M | $139.39M | $485.55M | $243.13M | $49.9M | $37.6M | $617.72M | $596.95M | $554.22M | $532.52M | $530.89M | $461.75M | $391.09M | $363.91M | $355.1M | $341.44M | $320.12M | $375.44M | $388.23M | $271.55M | $242.31M | $223.12M | $219.41M | $210.25M | $205.36M | $188.34M | $171.62M | $134.4M | $81.22M | $61.74M | $14.14M |
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$69.34M | -$7.09M | -$9.81M | -$127.13M | -$2.63B | -$320.78M | -$443.1M | -$10.21M | -$388.48M | -$148.25M | -$185.8M | -$134.35M | -$365.2M | -$613.85M | -$409.8M | -$491.64M | -$328.15M |
| Acquisitions | $0 | $0 | $0 | -$45.47M | -$25.44M | -$5.31M | $0 | $0 | $0 | $0 | -$15.96M | -$825K | -$8.14M | $0 | $0 | $0 | -$5.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | -$7.01M | $0 | -$445.74M | -$818.55M | -$454.36M | -$653.84M | $0 | $0 | $0 | -$5.69M | -$97.89M | -$63.39M | -$34M | $0 | -$2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $93.89M | $18M | $23.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$102K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $528.71M | -$222.86M | -$29.58M | $442.72M | -$75.87M | -$39.48M | -$2.22B | -$427.74M | -$733.74M | -$454.36M | -$637.88M | -$280.06M | -$562.17M | -$728.92M | -$19.27M | -$17.22M | $102K | $15.97M | $125.15M | -$72.55M | -$42.16M | $7.75M | $16.87M | $5.93M | $6.61M | $11.13M | $40.22M | $55.98M | $62.51M | $42.96M | $24.5M |
| Net Cash from Investing | $528.71M | -$222.86M | -$29.58M | $397.25M | -$101.31M | -$51.81M | -$2.13B | -$427.74M | -$733.74M | -$454.36M | -$653.84M | -$280.89M | -$570.31M | -$728.92M | -$94.31M | -$122.2M | -$78.33M | -$145.16M | -$2.5B | -$393.33M | -$485.27M | -$2.46M | -$371.61M | -$142.31M | -$179.19M | -$123.22M | -$324.98M | -$557.87M | -$347.29M | -$448.68M | -$303.65M |
| Financing Activities | |||||||||||||||||||||||||||||||
| Debt Repaid | $266.25M | -$150.4M | $113.78M | $1.5B | -$921.58M | -$444.03M | -$1.69B | -$389.98M | -$631.41M | $111.39M | - | -$110.07M | $20.34M | -$433.57M | $3.38M | $235.63M | $6.38M | -$88M | -$1.38B | -$273.97M | -$299.44M | - | -$348M | -$9.11M | - | -$49.94M | -$172M | -$289.73M | - | -$125M | -$100M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $371.96M | $0 | $0 | $655.21M | $1.87B | $0 | $0 | $373.06M | $0 | $343.45M | $641.65M | $199.23M | $192.68M | $0 | $0 | $159.31M | $0 | $274.67M | $197M | $376.27M | $358.28M | $198.09M |
| Common Stock Repurchases | -$660K | -$751K | -$802K | -$470K | -$790K | -$346K | -$800K | -$606K | -$290.53M | -$613K | -$418K | $0 | $0 | -$236.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$6.68M | -$101.15M | -$132.43M | -$38.04M | -$6.6M | -$93.8M | -$353.62M | -$346.83M | -$340.08M | -$314.13M | -$299.97M | -$292.03M | -$256.59M | -$224.9M | -$222.24M | -$222.12M | -$72.37M | -$289.31M | -$401.32M | -$213.25M | -$201.04M | -$188.28M | -$180.21M | -$178.86M | -$163.59M | -$156.4M | -$139.47M | -$107.16M | -$64.76M | -$53.92M | -$4.56M |
| Other Financing Activities | -$8.22M | -$5.47M | -$56.55M | -$3.86M | -$6.82M | -$26.9M | -$21.88M | -$12.24M | -$8.44M | $365.85M | -$1.16M | -$6.9M | -$170.05M | -$6.63M | -$6.87M | -$1.13M | -$2.26M | -$37K | $0 | -$3.26M | -$7.34M | -$2K | -$2.88M | -$5.99M | -$401K | -$489K | -$172M | -$13.22M | -$1.78M | -$6.48M | -$1.89M |
| Net Cash from Financing | -$431.82M | $43.02M | -$303.56M | -$1.54B | $907.37M | $24.4M | $1.52B | -$190.7M | $192.76M | -$80.95M | $124.79M | -$191.52M | $181.68M | $376.76M | -$257.37M | -$344.76M | -$133.84M | -$231.22M | $1.59B | $656.47M | $245.63M | -$211.19M | $151.3M | -$99.56M | -$11.81M | -$114.08M | $202.3M | $366.35M | $309.72M | $422.87M | $291.65M |
| Forex Effect | $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 | $289.51M |
| Net Change in Cash | $214.7M | -$40.44M | $152.41M | -$902M | $855.96M | $10.2M | $5.26M | -$21.49M | $13.24M | -$2.79M | $1.85M | -$10.67M | $2.45M | $11.75M | $3.42M | -$125.52M | $107.95M | -$951K | -$529.86M | $534.69M | $2.67M | $9.47M | -$909K | -$31.63M | $14.36M | -$48.95M | $48.94M | -$57.12M | $43.66M | $35.94M | $291.65M |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Operating Cash Flow | $117.81M | $139.39M | $485.55M | $243.13M | $49.9M | $37.6M | $617.72M | $596.95M | $554.22M | $532.52M | $530.89M | $461.75M | $391.09M | $363.91M | $355.1M | $341.44M | $320.12M | $375.44M | $388.23M | $271.55M | $242.31M | $223.12M | $219.41M | $210.25M | $205.36M | $188.34M | $171.62M | $134.4M | $81.22M | $61.74M | $14.14M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$69.34M | -$7.09M | -$9.81M | -$127.13M | -$2.63B | -$320.78M | -$443.1M | -$10.21M | -$388.48M | -$148.25M | -$185.8M | -$134.35M | -$365.2M | -$613.85M | -$409.8M | -$491.64M | -$328.15M |
| Free Cash Flow | $117.81M | $139.39M | $485.55M | $243.13M | $49.9M | $37.6M | $617.72M | $596.95M | $554.22M | $532.52M | $530.89M | $461.75M | $391.09M | $363.91M | $285.76M | $334.35M | $310.31M | $248.3M | -$2.24B | -$49.22M | -$200.8M | $212.91M | -$169.08M | $62M | $19.56M | $53.99M | -$193.58M | -$479.45M | -$328.57M | -$429.89M | -$314.01M |
| Cash at Beginning | $157.39M | $197.83M | $45.42M | $947.42M | $91.46M | $81.26M | $76M | $97.5M | $10.9M | $13.68M | $11.83M | $22.5M | $20.05M | $8.3M | $4.88M | $130.4M | $22.45M | $23.4M | $553.26M | $18.57M | $15.89M | $6.43M | $7.34M | $38.96M | $24.6M | $73.55M | $24.61M | $81.73M | $38.07M | $2.13M | -$289.51M |
| Cash at End | $372.09M | $157.39M | $197.83M | $45.42M | $947.42M | $91.46M | $81.26M | $76M | $24.14M | $10.9M | $13.68M | $11.83M | $22.5M | $20.05M | $8.3M | $4.88M | $130.4M | $22.45M | $23.4M | $553.26M | $18.57M | $15.89M | $6.43M | $7.34M | $38.96M | $24.6M | $73.55M | $24.61M | $81.73M | $38.07M | $2.13M |