TEXAS CAPITAL BANCSHARES INC/TX (TCBI)
Texas Capital Bancshares, Inc. serves as the holding company for Texas Capital Bank, operating as a comprehensive financial services firm that delivers tailored solutions to businesses, entrepreneurs, and individual clients. Its offerings encompass commercial banking, consumer banking, investment banking, and wealth management. The company provides businesses with various deposit accounts, such as commercial checking, lockbox, and cash concentration services, alongside digital banking tools for information access, wire transfers, ACH initiation, and account integration. For individual clients, it offers checking, savings, money market accounts, and certificates of deposit. Regarding lending, the firm extends a broad spectrum of options, including commercial loans to fund working capital, growth initiatives, acquisitions, and business insurance premiums, in addition to consumer loans. Specialized financing is available for exploration and production companies, mortgage finance, commercial real estate, and residential homebuilder projects. Furthermore, it offers first and second lien loans for purchasing or constructing 1-4 family residences, home equity revolving lines of credit, and loans for acquiring residential lots. SBA-backed real estate loans, equipment financing and leasing services, and letters of credit round out its lending portfolio. Beyond its core banking and lending activities, clients benefit from online and mobile banking platforms, debit and credit card services, escrow management, and comprehensive personal wealth and trust services. Depositors also have the opportunity to earn American Airlines AAdvantage miles. Its operations are focused within the Austin, Fort Worth, Dallas, Houston, and San Antonio metropolitan areas of Texas. Established in 1996, the firm maintains its headquarters in Dallas, Texas.
Sector: State Commercial Banks
Industry: Banks - Regional
Texas Capital Bancshares, Inc.
NASDAQ:TCBIFinancial Services · Banks - Regional
+3.25%$101.99
AH Close$101.99+0.00%vs close
AH Close$101.99+0.00%vs close
Mkt Cap$4.43B
Float42.73M
O/S43.47M
Inst Own-
SI10.5%
Div Yield0.39%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2B
Net Income$330.24M
Total Assets$31.54B
Free Cash Flow$347.58M
Debt & Equity
Debt 19%
Equity 74%
Preferred 6%
Total Debt$950.58M
Total Equity$3.63B
Preferred Stock$300M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in TCBI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$31.54B
Liabilities$27.91B
Accounts Receivable$0
Accounts Payable$6.72M
Inventory$0
PP&E (Net)$88M
Goodwill$1.5M
Intangible Assets$0
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $2B | $1.76B | $1.79B | $1.25B | $987.05M | $1.18B | $1.44B | $1.23B | $938.05M | $762.49M | $650.68M | $557.06M | $488.65M | $441.5M | $353.83M | $312.07M | $272.41M | $271.4M | $309.92M | $254.17M | $172.01M | $118.03M | $96.38M | $78.77M | $47.28M | $41.02M | $9.21M |
| YoY Growth | 13.5% | -1.7% | 43.9% | 26.2% | -16.2% | -17.9% | 16.9% | 30.8% | 23.0% | 17.2% | 16.8% | 14.0% | 10.7% | 24.8% | 13.4% | 14.6% | 0.4% | -12.4% | 21.9% | 47.8% | 45.7% | 22.5% | 22.4% | 66.6% | 15.3% | 345.4% | - |
| Cost of Revenue | $787.15M | $895.25M | $787.8M | $334.48M | $77.75M | $446.09M | $460.59M | $336.33M | $161.97M | $140.59M | $99.68M | $59.58M | $44.11M | $33.08M | $47.16M | $91.64M | $89.96M | $123.94M | $163.54M | $123.31M | $65.33M | $37.65M | $36.35M | $33.52M | $41.3M | $39.06M | $8.85M |
| Gross Profit | $1.21B | $865.35M | $1B | $910.76M | $909.3M | $731.72M | $974.59M | $890.95M | $776.08M | $621.89M | $551M | $497.48M | $444.54M | $408.42M | $306.67M | $220.44M | $182.45M | $147.46M | $146.38M | $130.85M | $106.69M | $80.37M | $60.02M | $45.24M | $5.98M | $1.96M | $358K |
| Gross Margin | 60.6% | 49.2% | 56.0% | 73.1% | 92.1% | 62.1% | 67.9% | 72.6% | 82.7% | 81.6% | 84.7% | 89.3% | 91.0% | 92.5% | 86.7% | 70.6% | 67.0% | 54.3% | 47.2% | 51.5% | 62.0% | 68.1% | 62.3% | 57.4% | 12.7% | 4.8% | 3.9% |
| 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 |
| Selling, General, and Administrative | $513.27M | $512.28M | $522.33M | $483.54M | $381.23M | $390.06M | $446.76M | $394.6M | $345.53M | $296.29M | $247.76M | $214.63M | $195.77M | $151.63M | $128.79M | $108.43M | $91.43M | $67.48M | $59.61M | $53.66M | $41.87M | $31.76M | $24.42M | $17.99M | $15.03M | $4.18M | $2.11M |
| Other | $254.8M | $246.01M | $234.62M | -$4.54M | $190.02M | $249.71M | $131.52M | $123M | $104.84M | $84.4M | $78.75M | $70.49M | $60.95M | $68.25M | $59.41M | $55.06M | $54.12M | $42.17M | $38.99M | $33.25M | $24.26M | $18.62M | $23.96M | $17.38M | -$14.89M | $14.27M | $7.54M |
| Total Operating Expenses | $768.07M | $758.28M | $756.95M | $479.01M | $571.25M | $639.77M | $578.28M | $517.6M | $450.37M | $380.69M | $326.52M | $285.11M | $256.73M | $219.88M | $188.2M | $163.49M | $145.54M | $109.65M | $98.61M | $86.91M | $66.13M | $50.38M | $48.38M | $35.37M | $139K | $18.45M | $9.66M |
| Operating Income (EBIT) | $443.71M | $107.06M | $246.59M | $431.75M | $338.06M | $91.95M | $396.31M | $373.35M | $325.71M | $241.2M | $224.5M | $212.36M | $187.81M | $188.54M | $118.34M | $56.81M | $36.67M | $37.81M | $47.77M | $43.99M | $40.56M | $29.99M | $11.64M | $9.87M | $5.84M | -$16.5M | -$9.3M |
| Operating Margin | 22.2% | 6.1% | 13.8% | 34.7% | 34.2% | 7.8% | 27.6% | 30.4% | 34.7% | 31.6% | 34.5% | 38.1% | 38.4% | 42.7% | 33.4% | 18.2% | 13.5% | 13.9% | 15.4% | 17.3% | 23.6% | 25.4% | 12.1% | 12.5% | 12.4% | -40.2% | -100.9% |
| Interest Expense | $743.15M | $828.25M | $715.8M | $268.48M | $107.75M | $188.09M | $385.59M | $249.33M | $117.97M | $63.59M | $46.43M | $37.58M | $25.11M | $21.58M | $18.66M | $38.14M | $46.46M | $97.19M | $149.54M | $119.62M | $65.33M | $36.14M | $32.33M | $27.9M | $35.54M | $32.93M | $6.17M |
| Interest Income | $1.77B | $1.73B | $1.63B | $1.14B | $876.59M | $1.04B | $1.35B | $1.16B | $879.3M | $703.41M | $602.96M | $514.55M | $444.63M | $398.46M | $321.6M | $279.81M | $243.15M | $248.93M | $290.21M | $237.52M | $159.46M | $107.83M | $85.48M | $70.14M | $70.59M | $55.77M | $14.41M |
| Other Income (Expense) | -$11M | $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) | $432.71M | $107.06M | $246.59M | $431.75M | $338.06M | $91.95M | $396.31M | $373.35M | $325.71M | $241.2M | $224.5M | $212.36M | $187.8M | $188.57M | $118.47M | $56.95M | $36.91M | $37.81M | $47.77M | $44.25M | $40.56M | $29.99M | $11.64M | $9.87M | $5.84M | -$16.5M | -$9.3M |
| Income Tax Expense | $102.47M | $29.55M | $57.45M | $99.28M | $84.12M | $25.66M | $84.3M | $79.96M | $128.65M | $86.08M | $79.64M | $76.01M | $66.76M | $67.87M | $42.37M | $19.63M | $12.52M | $12.92M | $16.42M | $15.06M | $13.78M | $10.01M | -$2.19M | $2.53M | $0 | $0 | $0 |
| Net Income | $330.24M | $77.51M | $189.14M | $332.48M | $253.94M | $66.29M | $312.01M | $293.39M | $197.06M | $155.12M | $144.85M | $136.35M | $121.05M | $120.67M | $75.98M | $37.19M | $24.15M | $24.27M | $29.42M | $28.92M | $27.19M | $20.41M | $13.83M | $7.34M | $5.84M | -$16.5M | -$9.3M |
| Net Income Margin | 16.5% | 4.4% | 10.6% | 26.7% | 25.7% | 5.6% | 21.7% | 23.9% | 21.0% | 20.3% | 22.3% | 24.5% | 24.8% | 27.3% | 21.5% | 11.9% | 8.9% | 8.9% | 9.5% | 11.4% | 15.8% | 17.3% | 14.4% | 9.3% | 12.4% | -40.2% | -100.9% |
| Supplementary Data | |||||||||||||||||||||||||||
| EPS | 6.87 | 1.29 | 3.58 | 6.25 | 4.65 | 1.12 | 6.23 | 5.83 | 3.78 | 3.14 | 2.95 | 2.93 | 2.78 | 3.09 | 2.03 | 1.02 | 0.55 | 0.87 | 1.12 | 1.11 | 1.06 | 0.81 | 0.62 | 0.33 | 0.31 | -1.89 | -1.23 |
| Diluted EPS | 6.80 | 1.28 | 3.54 | 6.18 | 4.60 | 1.12 | 6.21 | 5.79 | 3.73 | 3.11 | 2.91 | 2.88 | 2.72 | 3.00 | 1.98 | 1.00 | 0.55 | 0.87 | 1.10 | 1.09 | 1.02 | 0.77 | 0.60 | 0.32 | 0.30 | -1.89 | -1.23 |
| Weighted Average OS | 45.02M | 46.56M | 48.01M | 50.46M | 50.58M | 50.43M | 50.29M | 49.94M | 49.55M | 46.30M | 45.80M | 43.21M | 40.88M | 39.05M | 37.34M | 36.63M | 34.13M | 27.95M | 26.27M | 26.06M | 25.65M | 25.20M | 21.18M | 18.93M | 18.77M | 8.73M | 7.56M |
| EBITDA | $495.88M | $161.29M | $287.07M | $477.04M | $431.46M | $166.87M | $433.58M | $405.37M | $353.58M | $263.01M | $240.99M | $227.16M | $199.29M | $198.01M | $127.57M | $63.77M | $44.73M | $45.47M | $55.36M | $50.74M | $44.75M | $35.87M | $22.57M | $14.29M | $7.77M | -$14.9M | -$8.58M |
| EBITDA Margin | 24.8% | 9.2% | 16.0% | 38.3% | 43.7% | 14.2% | 30.2% | 33.0% | 37.7% | 34.5% | 37.0% | 40.8% | 40.8% | 44.9% | 36.1% | 20.4% | 16.4% | 16.8% | 17.9% | 20.0% | 26.0% | 30.4% | 23.4% | 18.1% | 16.4% | -36.3% | -93.2% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | |||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||
| Cash and Cash Equivalents | $2.1B | $3.19B | $3.24B | $5.01B | $7.95B | $9.21B | $4.4B | $3.03B | $2.88B | $2.81B | $1.74B | $1.33B | $153.82M | $206.35M | $110.56M | $104.87M | $80.46M | $77.89M | $89.46M | $93.72M | $137.84M | $78.49M | $69.55M | $88.74M | $56.62M | $60.29M | $8.55M |
| Short-Term Investments | $3.92M | $182.86M | $3.23B | $2.62B | $3.54B | $3.2B | $239.87M | $120.22M | $23.51M | $24.87M | $29.99M | $41.72M | $63.21M | $100.19M | $143.71M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $2.1B | $3.37B | $6.47B | $7.63B | $11.53B | $12.4B | $4.64B | $3.15B | $2.9B | $2.84B | $1.77B | $1.37B | $217.03M | $306.54M | $254.27M | $104.87M | $80.46M | $77.89M | $89.46M | $93.72M | $137.84M | $78.49M | $69.55M | $88.74M | $56.62M | $60.29M | $8.55M |
| Accounts Receivable | $0 | $0 | $801.67M | $719.16M | $559.9M | $715.7M | $740.05M | $626.61M | $516.24M | $465.93M | $382.1M | $333.7M | $286.91M | $316.2M | $268.86M | $225.31M | $202.89M | $184.24M | $86.45M | $85.82M | $71.52M | $56.7M | $48.99M | $41.92M | $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 |
| 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 |
| Total Current Assets | $2.1B | $3.37B | $7.27B | $8.35B | $12.09B | $13.12B | $5.38B | $3.78B | $3.42B | $3.31B | $2.15B | $1.71B | $503.94M | $622.74M | $523.13M | $330.18M | $283.35M | $262.13M | $175.92M | $179.54M | $209.24M | $135.19M | $118.54M | $130.66M | $56.62M | $60.29M | $8.55M |
| Long-Term Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $88M | $85.44M | $32.37M | $26.38M | $20.9M | $24.55M | $31.21M | $23.8M | $25.18M | $19.77M | $23.56M | $23.14M | $11.48M | $11.45M | $11.46M | $11.57M | $11.19M | $9.47M | $31.68M | $33.82M | $21.63M | $4.52M | $4.67M | $3.83M | $4.95M | $6.11M | $4.41M |
| Goodwill | $1.5M | $1.5M | $1.5M | $1.5M | $15.09M | $15.09M | $15.09M | $15.09M | $15.09M | $15.09M | $15.09M | $15M | $15M | $14.04M | $14.04M | $0 | $0 | $184.24M | $86.45M | $85.82M | $71.52M | $1.5M | $1.5M | $41.92M | $1.5M | $1.62M | $1.75M |
| Intangible Assets | $0 | $0 | $0 | $0 | $2.17M | $108M | $67.91M | $45.95M | $89.27M | $32.95M | $5.29M | $5.59M | $6.29M | $5.84M | $6.44M | $225.31M | $202.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $28.49B | $26.39B | $21.05B | $20.04B | $22.65B | $24.46B | $27.03B | $24.35B | $21.5B | $18.3B | $16.66B | $14.16B | $11.18B | $9.89B | $7.58B | $6.02B | $5.35B | $4.86B | $4.07B | $3.45B | $2.8B | $2.47B | $2.07B | $1.66B | $1.09B | $830.27M | $389.2M |
| Deferred Tax 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 |
| Other Long-Term Assets | $854.55M | $881.66M | $0 | $0 | $0 | $0 | $30M | $50.19M | $30M | $25M | $55M | $0 | $90K | $0 | $0 | $75M | $44.98M | $4.14M | $0 | $0 | $0 | $0 | $0 | $0 | $9.68M | $10.14M | $4.67M |
| Total Long-Term Assets | $29.44B | $27.36B | $21.09B | $20.07B | $22.69B | $24.61B | $27.17B | $24.48B | $21.66B | $18.39B | $16.76B | $14.2B | $11.22B | $9.92B | $7.61B | $6.12B | $5.42B | $4.88B | $4.11B | $3.5B | $2.83B | $2.48B | $2.07B | $1.66B | $1.11B | $848.14M | $400.03M |
| 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 |
| Total Assets | $31.54B | $30.73B | $28.36B | $28.41B | $34.73B | $37.73B | $32.55B | $28.26B | $25.08B | $21.7B | $18.91B | $15.9B | $11.71B | $10.54B | $8.14B | $6.45B | $5.7B | $5.14B | $4.29B | $3.68B | $3.04B | $2.61B | $2.19B | $1.79B | $1.16B | $908.43M | $408.58M |
| Liabilities | |||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||
| Accounts Payable | $6.72M | $23.68M | $33.23M | $24M | $7.7M | $11.15M | $12.76M | $20.68M | $7.68M | $5.5M | $5.1M | $4.75M | $749K | $650K | $599K | $2.58M | $2.47M | $6.42M | $5.63M | $5.78M | $4.78M | $3.51M | $3.47M | $3.83M | $0 | $0 | $0 |
| Short-Term Debt | $330M | $885M | $1.5B | $1.2B | $2.2B | $111.75M | $141.77M | $641.17M | $365.04M | $109.58M | $143.05M | $92.68M | $170.6M | $297.12M | $1.77B | $297.89M | $957.03M | $1.24B | $351.96M | $211.56M | $265.72M | $594.99M | $545.75M | $449.46M | $153.69M | $11.53M | $46.27M |
| 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 |
| 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 |
| Other Current Liabilities | $26.45B | $25.24B | $22.37B | $22.86B | $28.11B | $31B | $26.48B | $20.61B | $19.12B | $17.02B | $15.08B | $12.67B | $9.26B | $7.44B | $5.56B | $5.46B | $4.12B | $3.33B | $3.07B | $3.07B | $2.5B | $1.79B | $1.45B | $1.2B | $886.08M | $794.86M | $287.07M |
| Total Current Liabilities | $26.79B | $26.15B | $23.91B | $24.08B | $30.32B | $31.12B | $26.63B | $21.27B | $19.5B | $17.13B | $15.23B | $12.77B | $9.43B | $7.74B | $7.32B | $5.76B | $5.08B | $4.58B | $3.42B | $3.29B | $2.77B | $2.39B | $1.99B | $1.65B | $1.04B | $806.38M | $333.33M |
| Long-Term Liabilities | |||||||||||||||||||||||||||
| Long-Term Debt | $620.58M | $660.35M | $859.15M | $931.44M | $928.74M | $3.4B | $2.8B | $4.3B | $3.19B | $2.39B | $1.89B | $1.5B | $1.08B | $1.87B | $1.45B | $113.41M | $113.41M | $40M | $545.3M | $113.41M | $46.39M | $20.62M | $20.62M | $10M | $9.91M | $7.06M | $0 |
| 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 |
| Long-Term Deferred Tax 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 |
| Other Long-Term Liabilities | $502.83M | $556.32M | $392.9M | $345.83M | $273.49M | $339.49M | $318.09M | $194.24M | $182.21M | $161.22M | $153.43M | $151.39M | $115.55M | $91.58M | -$1.25B | $48.58M | $23.92M | $134.39M | $23.05M | $21.76M | $14.63M | $6.88M | $6.25M | $8.48M | $8.74M | $8.79M | $2.33M |
| Total Long-Term Liabilities | $1.12B | $1.22B | $1.25B | $1.28B | $1.2B | $3.74B | $3.11B | $4.49B | $3.38B | $2.56B | $2.05B | $1.65B | $1.19B | $1.97B | $196.31M | $161.98M | $137.32M | $174.39M | $568.34M | $135.16M | $61.02M | $27.5M | $26.87M | $18.48M | $18.66M | $15.85M | $2.33M |
| 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 |
| Total Liabilities | $27.91B | $27.36B | $25.16B | $25.36B | $31.52B | $34.85B | $29.72B | $25.76B | $22.87B | $19.69B | $17.29B | $14.42B | $10.62B | $9.7B | $7.52B | $5.92B | $5.22B | $4.75B | $3.99B | $3.42B | $2.83B | $2.42B | $2.02B | $1.67B | $1.06B | $822.23M | $335.67M |
| Stockholders' Equity | |||||||||||||||||||||||||||
| Preferred Stock | $300M | $300M | $300M | $300M | $300M | $150M | $150M | $150M | $150M | $150M | $150M | $150M | $150M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11K | $8K | $0 | $0 |
| Common Stock | $518K | $515K | $511K | $509K | $506K | $504K | $503K | $502K | $496K | $495K | $459K | $457K | $410K | $407K | $376K | $369K | $359K | $310K | $264K | $261K | $258K | $255K | $250K | $192K | $191K | $96K | $77K |
| Retained Earnings | $2.81B | $2.5B | $2.44B | $2.26B | $1.95B | $1.71B | $1.66B | $1.38B | $1.09B | $903.19M | $757.82M | $622.71M | $496.11M | $382.45M | $261.78M | $185.81M | $148.62M | $129.85M | $105.58M | $76.16M | $47.24M | $20.05M | $487K | -$13.35M | -$20.69M | -$26.53M | -$10.04M |
| Comprehensive Income & Other | -$64.58M | -$183.11M | -$362M | -$418.94M | -$47.72M | $15.77M | $8.95M | $518K | $428K | $415K | $718K | $1.29M | $1.63M | $3.27M | $4.72M | $5.36M | $6.17M | $1.87M | -$305K | -$4.66M | -$7.53M | $3.17M | $3.84M | $6.91M | $66K | $91K | -$2.88M |
| Other Stockholders' Equity | $822.22M | $871.77M | $763.24M | $791.34M | $1.26B | $1.16B | $1.14B | $1.12B | $1.11B | $1.11B | $865.26M | $861.02M | $599.83M | $453.38M | $354.17M | $342.14M | $332.38M | $256.91M | $189.29M | $177.09M | $168.03M | $174.97M | $171.02M | $138.13M | $126.86M | $112.64M | $82.87M |
| Total Equity | $3.63B | $3.37B | $3.2B | $3.06B | $3.21B | $2.87B | $2.8B | $2.5B | $2.2B | $2.01B | $1.62B | $1.48B | $1.1B | $836.24M | $616.33M | $528.32M | $481.36M | $387.07M | $295.14M | $253.51M | $215.52M | $195.28M | $171.76M | $124.98M | $106.36M | $86.2M | $72.91M |
| 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 |
| Total Liabilities and Equity | $31.54B | $30.73B | $28.36B | $28.41B | $34.73B | $37.73B | $32.52B | $28.26B | $25.08B | $21.7B | $18.91B | $15.9B | $11.71B | $10.54B | $8.14B | $6.45B | $5.7B | $5.14B | $4.29B | $3.68B | $3.04B | $2.61B | $2.19B | $1.79B | $1.16B | $908.43M | $408.58M |
| Supplementary Data | |||||||||||||||||||||||||||
| Total Debt | $950.58M | $1.55B | $2.36B | $2.13B | $3.13B | $3.51B | $2.94B | $4.94B | $3.56B | $2.5B | $2.04B | $1.59B | $1.25B | $2.17B | $3.21B | $411.29M | $1.07B | $1.28B | $897.26M | $324.96M | $312.12M | $615.61M | $566.37M | $459.46M | $163.6M | $18.59M | $46.27M |
| Net Debt | -$1.15B | -$1.64B | -$883.7M | -$2.88B | -$4.82B | -$5.7B | -$1.46B | $1.91B | $684.26M | -$310.33M | $301.27M | $261.57M | $1.1B | $1.97B | $3.1B | $306.43M | $989.98M | $1.2B | $807.79M | $231.25M | $174.28M | $537.12M | $496.82M | $370.72M | $106.98M | -$41.7M | $37.72M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | $330.24M | $77.51M | $189.14M | $332.48M | $253.94M | $66.29M | $312.01M | $293.39M | $197.06M | $155.12M | $144.85M | $136.35M | $121.05M | $120.71M | $76.1M | $37.32M | $24.39M | $24.88M | $29.42M | $28.92M | $27.19M | $19.56M | $13.83M | $7.34M | $5.86M | -$16.5M | -$9.3M |
| Depreciation & Amortization | $52.17M | $54.23M | $40.47M | $45.28M | $93.41M | $74.92M | $37.27M | $32.02M | $27.87M | $21.81M | $16.5M | $14.8M | $11.48M | $9.44M | $9.1M | $6.82M | $7.82M | $7.67M | $7.59M | $6.8M | $4.19M | $5.88M | $10.93M | $4.42M | $1.92M | $1.6M | $715K |
| Deferred Income Tax | $15.89M | -$16.09M | -$17.78M | -$17.39M | -$20.25M | -$7.96M | $10.8M | -$6.4M | $31.28M | -$2.95M | -$3.56M | -$3.97M | -$11.6M | -$3.13M | -$3.54M | -$4.99M | -$8.7M | -$4.1M | -$3.51M | -$1.43M | -$302K | -$300K | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $36.76M | $24.69M | $24.2M | $21.43M | $31.33M | $17.44M | $17.6M | $16.94M | $22.02M | $13.58M | $12.3M | $14.58M | $20.95M | $12.02M | $7.34M | $6.77M | $5.96M | $4.68M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||
| Accounts Receivable | -$57.77M | -$1.61M | -$78.61M | -$25.48M | $154.11M | $10.65M | -$143.54M | -$123.54M | -$105.72M | -$61.83M | -$61M | -$58.58M | $31M | -$61.24M | -$63.25M | -$24.29M | -$28.89M | -$44.72M | $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 |
| Accounts Payable | -$68.92M | $38.88M | $29.13M | $2.52M | -$70.15M | $5.75M | $98.73M | $2.41M | $10.29M | -$2.58M | -$3.55M | $38.37M | $3.51M | $10.84M | $32.69M | $25.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.87M | -$4.22M | $27.73M | -$131.77M | $7.66M | -$64.75M | $1.53M | -$6.36M | $390K | $991K | -$2.07M |
| Total Working Capital Change | -$126.69M | $37.27M | -$49.47M | -$22.96M | $83.96M | $16.4M | -$44.8M | -$121.13M | -$95.43M | -$64.41M | -$64.56M | -$20.21M | $34.52M | -$50.41M | -$30.55M | $920K | -$30.76M | -$48.94M | $27.73M | -$131.77M | $7.66M | -$64.75M | $1.53M | -$6.36M | $390K | $991K | -$2.07M |
| Other Non-Cash Items | $51.79M | $303.51M | $187.18M | -$210.87M | $214.94M | $2.47B | -$573.07M | -$894.53M | -$50.64M | -$849.45M | -$36.59M | $16.18M | $14.97M | $684K | $17.4M | -$450.76M | -$139.61M | -$299.87M | $38.11M | $18.08M | $3.23M | $23.43M | $28.89M | -$68.82M | -$38.16M | $5.7M | $2.62M |
| Net Cash from Operating | $360.15M | $481.12M | $373.74M | $147.97M | $657.32M | $2.64B | -$240.19M | -$679.72M | $132.16M | -$726.29M | $68.94M | $157.73M | $191.38M | $89.27M | $75.85M | -$403.92M | -$140.91M | -$315.69M | $99.34M | -$79.4M | $41.85M | -$16.18M | $55.18M | -$63.43M | -$30M | -$8.21M | -$8.03M |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | -$12.57M | -$64.84M | -$16.38M | -$11.27M | -$4.13M | -$2.8M | -$16.65M | -$7.65M | -$12.27M | -$2.18M | -$5.03M | -$15.73M | -$4.03M | -$3.54M | -$3.29M | -$3.83M | -$4.55M | -$5.82M | -$15.55M | -$19.21M | -$3.57M | -$985K | -$2.09M | -$242K | -$648K | -$3.17M | -$4.62M |
| Acquisitions | $0 | $0 | $0 | $3.32B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.44M | $0 | -$11.48M | -$10.15M | $0 | $0 | $0 | $0 | -$11.31M | $0 | $0 | -$25M | $0 | $0 | $0 |
| Purchases of Investments | -$1.14B | -$2.02B | -$863.69M | -$920.22M | -$1.06B | -$3B | -$113.23M | -$101.56M | -$97.78M | -$1.76M | $0 | $0 | -$2K | -$13K | -$10M | $0 | $0 | -$40.22M | -$38.81M | -$16.95M | -$17.44M | -$239.07M | -$652.58M | -$485.93M | -$259.57M | -$174.35M | -$409.22M |
| Sales of Investments | $936.83M | $1.77B | $355.73M | $531.77M | $569.93M | $52.61M | $6.18M | $3.43M | $99.16M | $6.41M | $10.85M | $20.97M | $34.43M | $41.26M | $50.66M | $79.32M | $131.2M | $105.53M | $109.92M | $118.84M | $172.7M | $204.43M | $416.58M | $148.33M | $142.25M | $110.5M | $24.7M |
| Other Investing Activities | -$1.64B | -$2.17B | -$1.23B | $384.12M | $1.73B | $16.62M | -$2.15B | -$1.89B | -$3.2B | -$852.68M | -$2.47B | -$2.99B | -$1.3B | -$2.3B | -$1.75B | -$297.64M | -$466.3M | -$578M | -$733.75M | -$639.39M | -$526.36M | -$336.58M | -$226.21M | -$152.61M | -$106.3M | -$380.19M | $3.67M |
| Net Cash from Investing | -$1.85B | -$2.48B | -$1.76B | $3.31B | $1.23B | -$2.94B | -$2.28B | -$1.99B | -$3.22B | -$850.21M | -$2.46B | -$2.98B | -$1.28B | -$2.26B | -$1.73B | -$232.3M | -$339.66M | -$518.5M | -$678.18M | -$556.72M | -$385.97M | -$372.2M | -$464.3M | -$515.46M | -$224.27M | -$447.22M | -$385.48M |
| Financing Activities | |||||||||||||||||||||||||||
| Debt Repaid | $40.44M | $200M | $75M | - | -$528.44M | - | $1.5B | -$1.1B | -$800M | -$500M | -$400M | -$417.35M | $797M | -$429.12M | -$1.34B | $362.4M | $553.94M | -$491.41M | -$393.43M | -$128.46M | -$15.02M | -$34.52M | -$110.96M | -$278.93M | -$38.81M | -$194.76M | -$95.06M |
| Common Stock Issuance | -$7.36M | -$9.06M | -$4.21M | -$4.21M | $286.6M | -$1.99M | -$1.46M | -$2.38M | -$2.24M | $233.99M | $260K | $256.95M | $142.78M | $87.34M | $2.19M | $13.34M | $136.02M | $58.66M | $5.26M | $6M | $2.33M | $3.22M | $0 | $0 | $1.19M | $27.07M | $13.06M |
| Common Stock Repurchases | -$185.85M | -$81.51M | -$105.02M | -$115.3M | -$150M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$75M | $0 | -$8K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$847K |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.22M | $0 | $0 | $0 | $0 | $0 | -$979K | -$843K | $0 | $0 | $0 |
| Other Financing Activities | $1.21B | $2.87B | -$485.04M | -$5.25B | -$2.89B | $4.52B | $5.37B | $1.76B | $2.36B | $1.9B | $2.46B | $3.34B | $1.69B | $1.75B | $240.48M | $1.04B | $1.02B | $276.68M | $372K | $578.24M | $705.29M | $344.86M | $248.5M | $310.46M | $197.42M | $285.34M | $222.26M |
| Net Cash from Financing | $404.27M | $1.94B | -$387.67M | -$6.39B | -$3.15B | $5.08B | $3.86B | $2.85B | $3.15B | $2.62B | $2.85B | $4B | $1.03B | $2.28B | $1.58B | $690.65M | $523.98M | $826.75M | $574.59M | $591.99M | $403.35M | $397.32M | $389.93M | $611.01M | $250.6M | $507.17M | $329.54M |
| 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 |
| Net Change in Cash | -$1.09B | -$54.04M | -$1.77B | -$2.93B | -$1.26B | $4.78B | $1.35B | $174.47M | $66.24M | $1.05B | $460.36M | $1.18B | -$52.44M | $95.79M | -$69.31M | $54.43M | $43.41M | -$7.44M | -$4.25M | -$44.12M | $59.35M | $8.94M | -$19.19M | $32.12M | -$3.67M | $51.74M | -$63.97M |
| Supplementary Data | |||||||||||||||||||||||||||
| Operating Cash Flow | $360.15M | $481.12M | $373.74M | $147.97M | $657.32M | $2.64B | -$240.19M | -$679.72M | $132.16M | -$726.29M | $68.94M | $157.73M | $191.38M | $89.27M | $75.85M | -$403.92M | -$140.91M | -$315.69M | $99.34M | -$79.4M | $41.85M | -$16.18M | $55.18M | -$63.43M | -$30M | -$8.21M | -$8.03M |
| Capital Expenditure | -$12.57M | -$64.84M | -$16.38M | -$11.27M | -$4.13M | -$2.8M | -$16.65M | -$7.65M | -$12.27M | -$2.18M | -$5.03M | -$15.73M | -$4.03M | -$3.54M | -$3.29M | -$3.83M | -$4.55M | -$5.82M | -$15.55M | -$19.21M | -$3.57M | -$985K | -$2.09M | -$242K | -$648K | -$3.17M | -$4.62M |
| Free Cash Flow | $347.58M | $416.28M | $357.36M | $136.7M | $653.19M | $2.64B | -$256.84M | -$687.37M | $119.9M | -$728.47M | $63.91M | $142M | $187.35M | $85.73M | $72.57M | -$407.75M | -$145.46M | -$321.51M | $83.8M | -$98.61M | $38.12M | -$17.16M | $53.09M | -$63.67M | -$30.65M | -$11.38M | -$12.66M |
| Cash at Beginning | $3.19B | $3.24B | $5.01B | $7.95B | $9.21B | $4.43B | $3.08B | $2.91B | $2.84B | $1.79B | $1.33B | $153.91M | $206.35M | $110.56M | $179.87M | $125.44M | $82.03M | $89.46M | $93.72M | $137.84M | $78.49M | $69.55M | $88.74M | $56.62M | $60.29M | $8.55M | $72.52M |
| Cash at End | $2.1B | $3.19B | $3.24B | $5.01B | $7.95B | $9.21B | $4.43B | $3.08B | $2.91B | $2.84B | $1.79B | $1.33B | $153.91M | $206.35M | $110.56M | $179.87M | $125.44M | $82.03M | $89.46M | $93.72M | $137.84M | $78.49M | $69.55M | $88.74M | $56.62M | $60.29M | $8.55M |