BREAD FINANCIAL HOLDINGS, INC. (BFH)
Bread Financial Holdings, Inc. offers cutting-edge payment and credit solutions to consumers and various industries throughout North America. Their services include comprehensive financing for credit cards and other loans, which involves managing risk, originating accounts, and providing funding for approximately 130 private label and co-branded credit card programs. They also support around 500 small and medium-sized businesses through their Bread partnerships and issue Comenity-branded general purpose cash-back credit cards. The company is responsible for administering and overseeing all loans it generates, covering private label, co-brand, and general-purpose credit card portfolios, as well as its Bread BNPL (Buy Now Pay Later) products, which include installment and split-pay options. Beyond lending, they provide marketing, data, and analytics services. Their enhanced digital toolkit features a unified Software Development Kit (SDK), allowing seamless integration with their product range and encouraging the presentation of credit payment choices earlier in the retail journey. Additionally, the Bread digital payments platform, powered by a comprehensive suite of application programming interfaces (APIs), empowers merchants and partners to readily incorporate online point-of-sale financing, such as installment and split-pay solutions. Established in Columbus, Ohio in 1996, the company was formerly known as Alliance Data Systems Corporation until it rebranded as Bread Financial Holdings, Inc. in March 2022.
Sector: Personal Credit Institutions
Industry: Financial - Credit Services
Bread Financial Holdings, Inc.
NYSE:BFHFinancial Services · Financial - Credit Services
-2.50%$99.89
AH Close$99.89+0.00%vs close
AH Close$99.89+0.00%vs close
Mkt Cap$3.84B
Float37.79M
O/S38.42M
Inst Own-
SI8.6%
Div Yield0.92%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$4.7B
Net Income$518M
Total Assets$22.66B
Free Cash Flow$2.09B
Debt & Equity
Debt 57%
Equity 43%
Total Debt$4.39B
Total Equity$3.33B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BFH's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$22.66B
Liabilities$19.34B
Accounts Receivable$148M
Accounts Payable$289M
Inventory$0
PP&E (Net)$180M
Goodwill$634M
Intangible Assets$82M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $4.7B | $4.8B | $5.17B | $4.37B | $3.27B | $3.3B | $3.35B | $5.67B | $5.47B | $7.14B | $6.44B | $5.3B | $4.32B | $3.64B | $3.17B | $2.79B | $1.96B | $2.03B | $1.96B | $1.66B | $1.56B | $1.26B | $1.05B | $865.3M | $773.72M | $678.2M | $583.08M | $410.91M |
| YoY Growth | -2.1% | -7.3% | 18.3% | 33.7% | -0.8% | -1.5% | -40.9% | 3.5% | -23.3% | 10.8% | 21.4% | 22.8% | 18.6% | 14.8% | 13.7% | 42.1% | -3.0% | 3.2% | 18.4% | 6.4% | 23.5% | 20.4% | 20.9% | 11.8% | 14.1% | 16.3% | 41.9% | - |
| Cost of Revenue | $1.72B | $2.36B | $2.11B | $2.1B | $1.59B | $2.57B | $3.26B | $3.08B | $2.92B | $4.71B | $4.14B | $3.48B | $2.85B | $2.4B | $2.11B | $1.86B | $1.5B | $1.42B | $1.37B | $1.14B | $1.14B | $925.73M | $788.87M | $670.54M | $603.49M | $547.99M | $466.86M | $0 |
| Gross Profit | $2.98B | $2.44B | $3.07B | $2.28B | $1.68B | $1.95B | $2.32B | $2.59B | $2.55B | $2.43B | $2.3B | $1.82B | $1.46B | $1.24B | $1.06B | $927.71M | $465.39M | $602.86M | $588.15M | $513.9M | $413.37M | $334.26M | $257.67M | $194.75M | $170.23M | $130.21M | $116.23M | $410.91M |
| Gross Margin | 63.3% | 50.9% | 59.3% | 52.0% | 51.3% | 59.1% | 69.4% | 45.7% | 46.6% | 34.1% | 35.6% | 34.4% | 33.9% | 34.1% | 33.5% | 33.2% | 23.7% | 29.8% | 30.0% | 31.0% | 26.6% | 26.5% | 24.6% | 22.5% | 22.0% | 19.2% | 19.9% | 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 |
| Selling, General, and Administrative | $1.31B | $1.04B | $1.03B | $959M | $831M | $752M | $926M | $162.5M | $159.3M | $143.2M | $138.5M | $141.5M | $109.11M | $108.06M | $95.26M | $85.77M | $99.82M | $82.8M | $80.9M | $91.81M | $91.53M | $77.74M | $52.32M | $53.78M | $45.43M | $32.2M | $35.97M | $17.59M |
| Other | $1.05B | $1.02B | $1.07B | $1.02B | -$198M | -$913.6M | -$2.14B | $667.3M | $872.6M | $1.02B | $894.8M | $583.7M | $256.38M | $160.9M | $154.88M | $212.72M | -$42.19M | $59.46M | $86.02M | $48.7M | $85.22M | $84.43M | $74.56M | $66.47M | $74.2M | $76.14M | $77.8M | $387.84M |
| Total Operating Expenses | $2.36B | $2.06B | $2.1B | $1.98B | $633M | -$161.6M | -$1.22B | $829.8M | $1.03B | $1.17B | $1.03B | $725.2M | $365.49M | $268.95M | $250.14M | $298.49M | $57.63M | $142.26M | $166.92M | $140.52M | $176.76M | $162.17M | $126.88M | $120.26M | $119.64M | $108.34M | $113.77M | $405.43M |
| Operating Income (EBIT) | $614M | $381M | $968M | $300M | $1.04B | $888.4M | $1.31B | $1.76B | $1.52B | $1.27B | $1.26B | $1.1B | $1.1B | $974.36M | $812.68M | $629.22M | $407.76M | $460.59M | $421.23M | $373.38M | $236.61M | $172.1M | $130.79M | $74.49M | $50.59M | $21.86M | $2.46M | $5.48M |
| Operating Margin | 13.1% | 7.9% | 18.7% | 6.9% | 31.9% | 26.9% | 39.1% | 31.0% | 27.7% | 17.7% | 19.6% | 20.7% | 25.4% | 26.8% | 25.6% | 22.5% | 20.8% | 22.7% | 21.5% | 22.5% | 15.2% | 13.7% | 12.5% | 8.6% | 6.5% | 3.2% | 0.4% | 1.3% |
| Interest Expense | $854M | $960M | $879M | $503M | $383M | $499M | $638M | $156.4M | $173.7M | $218.2M | $179.5M | $131.9M | $181.06M | $173.47M | $148.8M | $133.79M | $116.53M | $64.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $4.91B | $5.02B | $5.14B | $4.68B | $3.87B | $3.95B | $4.83B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | -$587.4M | -$645.4M | -$542.3M | -$455.4M | -$428.5M | -$330.2M | -$260.5M | -$305.5M | -$291.46M | -$298.58M | -$318.33M | -$144.81M | -$80.44M | -$69.38M | -$40.72M | -$14.48M | -$7.78M | -$21.81M | -$32.77M | -$51.25M | -$41.35M | -$42.78M | $0 |
| Income Before Tax (EBT) | $614M | $381M | $968M | $300M | $1.04B | $301M | $662M | $1.22B | $1.06B | $837M | $931.6M | $837.9M | $793.41M | $682.9M | $514.1M | $310.89M | $262.95M | $380.15M | $351.84M | $332.66M | $222.13M | $164.32M | $108.98M | $41.72M | -$662K | -$19.48M | -$40.33M | $5.48M |
| Income Tax Expense | $92M | $102M | $231M | $76M | $247M | $93M | $156M | $269.5M | $293.3M | $319.4M | $326.2M | $321.8M | $297.24M | $260.65M | $198.81M | $115.25M | $86.23M | $147.6M | $137.4M | $126.26M | $83.38M | $61.95M | $41.68M | $18.06M | $9.7M | $1.84M | $0 | $0 |
| Net Income | $518M | $277M | $718M | $223M | $801M | $214M | $278M | $963.1M | $788.7M | $515.8M | $596.5M | $506.3M | $496.17M | $422.26M | $315.29M | $193.74M | $143.73M | $206.4M | $164.06M | $189.6M | $138.75M | $102.37M | $67.3M | $23.66M | -$10.36M | -$21.32M | -$29.84M | -$17.99M |
| Net Income Margin | 11.0% | 5.8% | 13.9% | 5.1% | 24.5% | 6.5% | 8.3% | 17.0% | 14.4% | 7.2% | 9.3% | 9.5% | 11.5% | 11.6% | 9.9% | 6.9% | 7.3% | 10.2% | 8.4% | 11.4% | 8.9% | 8.1% | 6.4% | 2.7% | -1.3% | -3.1% | -5.1% | -4.4% |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | 11.13 | 5.58 | 14.42 | 4.47 | 16.12 | 4.47 | 11.45 | 17.54 | 14.17 | 7.37 | 8.91 | 8.72 | 10.09 | 8.44 | 6.22 | 3.69 | 2.58 | 2.88 | 2.09 | 2.38 | 1.69 | 1.27 | 0.86 | 0.32 | -0.13 | -0.45 | -0.70 | -0.43 |
| Diluted EPS | 10.96 | 5.50 | 14.36 | 4.46 | 16.02 | 4.46 | 11.45 | 17.48 | 14.10 | 7.34 | 8.85 | 7.87 | 7.42 | 6.58 | 5.45 | 3.48 | 2.49 | 2.80 | 2.03 | 2.32 | 1.64 | 1.22 | 0.84 | 0.31 | -0.13 | -0.45 | -0.70 | -0.43 |
| Weighted Average OS | 44.90M | 49.60M | 49.80M | 49.90M | 49.70M | 47.80M | 50.00M | 54.90M | 55.70M | 58.60M | 61.90M | 56.40M | 49.19M | 50.01M | 50.69M | 52.53M | 55.77M | 71.50M | 78.40M | 79.73M | 82.21M | 80.61M | 78.25M | 73.93M | 64.58M | 47.54M | 42.63M | 41.73M |
| EBITDA | $694M | $471M | $1.08B | $413M | $1.17B | $549M | $994M | $1.7B | $1.56B | $1.35B | $1.49B | $1.15B | $1.01B | $849.78M | $667.25M | $454.12M | $365.69M | $528.07M | $546.87M | $457.7M | $321.83M | $256.52M | $205.35M | $140.97M | $124.8M | $98.01M | $2.46M | $49.25M |
| EBITDA Margin | 14.8% | 9.8% | 21.0% | 9.4% | 35.7% | 16.6% | 29.7% | 30.0% | 28.5% | 18.9% | 23.1% | 21.7% | 23.4% | 23.3% | 21.0% | 16.3% | 18.6% | 26.1% | 27.9% | 27.6% | 20.7% | 20.4% | 19.6% | 16.3% | 16.1% | 14.5% | 0.4% | 12.0% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $3.6B | $3.68B | $3.59B | $3.89B | $3.05B | $2.8B | $3.87B | $3.82B | $4.19B | $1.86B | $1.17B | $1.08B | $969.82M | $893.35M | $216.21M | $139.11M | $213.38M | $156.91M | $219.21M | $180.07M | $143.21M | $84.41M | $67.75M | $30.44M | $117.53M | $116.94M | $56.55M | $47.04M |
| Short-Term Investments | $171M | $170M | $171M | $95M | $175M | $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 | $3.77B | $3.85B | $3.76B | $3.99B | $3.22B | $2.8B | $3.87B | $3.82B | $4.19B | $1.86B | $1.17B | $1.08B | $969.82M | $893.35M | $216.21M | $139.11M | $213.38M | $156.91M | $219.21M | $180.07M | $143.21M | $84.41M | $67.75M | $30.44M | $117.53M | $116.94M | $56.55M | $47.04M |
| Accounts Receivable | $148M | $145M | $144M | $164M | $15.72B | $114M | $18.74B | $17.22B | $18.32B | $16.39B | $13.76B | $11.42B | $8.46B | $7.34B | $5.5B | $5.1B | $1.14B | $831.11M | $881.02M | $840.95M | $682.99M | $417.31M | $403.63M | $264.29M | $263.79M | $349.67M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $164.3M | $218M | $248M | $234.1M | $271.3M | $228M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $24M | $35M | $26M | $36M | $877M | $0 | $1.28B | $3.43B | $1.96B | $1.07B | $1.09B | $1.32B | $966.49M | $901.01M | $892.17M | $891.12M | $1.01B | $936.63M | $892.89M | $288.95M | $216.25M | $115.63M | $109.93M | $94.21M | $82.18M | $57.73M | $0 | $0 |
| Total Current Assets | $3.95B | $4.03B | $3.93B | $4.19B | $19.82B | $3.07B | $24.11B | $24.71B | $24.71B | $19.59B | $16.25B | $13.81B | $10.4B | $9.13B | $6.61B | $6.13B | $2.36B | $1.92B | $1.99B | $1.31B | $1.04B | $617.35M | $581.31M | $388.94M | $463.5M | $524.35M | $56.55M | $47.04M |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $180M | $229M | $265M | $283M | $312M | $332M | $546.6M | $288.2M | $613.9M | $586M | $576.7M | $559.63M | $299.19M | $253.03M | $195.4M | $170.63M | $165.01M | $168.21M | $192.76M | $208.33M | $162.97M | $147.53M | $133.75M | $119.64M | $112.19M | $92.18M | $0 | $0 |
| Goodwill | $634M | $634M | $634M | $634M | $634M | $634M | $954.9M | $954.8M | $3.88B | $3.8B | $3.81B | $3.87B | $1.74B | $1.75B | $1.45B | $1.22B | $1.17B | $1.13B | $1.19B | $969.97M | $858.47M | $0 | $0 | $0 | $0 | $0 | $391.76M | $0 |
| Intangible Assets | $82M | $112M | $128M | $165M | $53M | $77M | $153.3M | $217.4M | $800.6M | $1B | $1.2B | $1.52B | $460.4M | $582.87M | $383.65M | $314.39M | $316.6M | $297.78M | $343.4M | $263.93M | $265M | $942.92M | $628.15M | $505.12M | $492M | $444.55M | $0 | $0 |
| Long-Term Investments | $16.81B | $16.75B | $17.09B | $19.03B | $289M | $17.24B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $775.57M | $701.35M | $379.27M | $325.46M | $271.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $616M | $708M | $629M | $552M | $302M | $289M | $45.2M | $44M | $28.1M | $20.1M | $600K | $164K | $2.45M | $30.03M | $43.41M | $46.22M | $0 | $0 | $33.1M | $0 | $0 | $0 | $0 | $15.34M | $26.07M | $55.37M | $0 | $0 |
| Other Long-Term Assets | $392M | $428M | $467M | $554M | $340M | $901.7M | $682.1M | $4.17B | $656.5M | $514.7M | $504.4M | $507.93M | $345.67M | $251.01M | $301.47M | $389.56M | $442.71M | $116.22M | $34.98M | $326.35M | $325.93M | $531.28M | $524.22M | $419.31M | $383.46M | $304.74M | $852.95M | $681.17M |
| Total Long-Term Assets | $18.72B | $18.86B | $19.21B | $21.22B | $1.93B | $19.47B | $2.38B | $5.68B | $5.98B | $5.92B | $6.1B | $6.45B | $2.84B | $2.87B | $2.37B | $2.14B | $2.87B | $2.42B | $2.17B | $2.09B | $1.88B | $1.62B | $1.29B | $1.06B | $1.01B | $896.83M | $1.24B | $1.04B |
| 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 |
| Total Assets | $22.66B | $22.89B | $23.14B | $25.41B | $21.75B | $22.55B | $26.49B | $30.39B | $30.68B | $25.51B | $22.35B | $20.26B | $13.24B | $12B | $8.98B | $8.27B | $5.23B | $4.34B | $4.16B | $3.4B | $2.93B | $2.24B | $1.87B | $1.45B | $1.48B | $1.42B | $1.3B | $1.09B |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $289M | $326M | $422M | $398M | $291M | $354M | $300.8M | $486.2M | $651.2M | $568.3M | $442.4M | $455.66M | $210.02M | $215.47M | $149.81M | $121.86M | $103.89M | $107.21M | $133.86M | $112.58M | $67.38M | $56.21M | $63.47M | $72.59M | $82.29M | $64.14M | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $3.13B | $2.86B | $1.47B | $2.45B | $1.42B | $1.27B | $1.39B | $2.28B | $19.83M | $255.68M | $51.96M | $275.55M | $313.59M | $7.9M | $235.84M | $230.66M | $200.79M | $184.99M | $111.33M | $161.72M | $0 | $0 |
| Current Income Tax Payable | $0 | $250M | $286M | $306M | $313M | $57.6M | $18.1M | $22.6M | $64.6M | $25.3M | $102.92M | $34.46M | $18.18M | $48.2M | $30.45M | $22.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $898.5M | $807.9M | $766.1M | $846.6M | $788.1M | $699M | $846.37M | $966.44M | $1.06B | $1.04B | $1.04B | $984.93M | $860.46M | $683.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $13.92B | $13.08B | $13.62B | $13.83B | $11.03B | $9.8B | $7.28B | $7.05B | $6.73B | $5.07B | $3.28B | $3.28B | $1.68B | $1.21B | $2.44B | $2.27B | $861.22M | $562.48M | $678.09M | $555.33M | $546.64M | $132.21M | $106.9M | $82.28M | $162.98M | $186M | $0 | $0 |
| Total Current Liabilities | $14.68B | $13.95B | $14.6B | $14.84B | $11.95B | $11.47B | $11.87B | $11.48B | $10.15B | $9.23B | $6.4B | $6.31B | $4.51B | $5.03B | $3.86B | $3.86B | $2.13B | $1.95B | $2.01B | $877.72M | $1.05B | $560.62M | $480.02M | $423.61M | $429.73M | $492.41M | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $4.31B | $5.56B | $5.29B | $8.01B | $7.44B | $8.5B | $7B | $10.52B | $13.42B | $10.1B | $10.08B | $8.13B | $6B | $4.71B | $2.16B | $1.61B | $1.73B | $1.22B | $644.06M | $737.48M | $222M | $206.86M | $189.36M | $107.92M | $199.1M | $274.33M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $105.5M | $114.1M | $109.2M | $120.3M | $143.4M | $145.9M | $166.81M | $170.75M | $193.74M | $190.19M | $176.77M | $161.22M | $135.18M | $145.11M | $651.51M | $610.53M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $313M | $347M | $80M | $256.5M | $211.2M | $334.8M | $631.5M | $690.17M | $275.76M | $277.35M | $151.75M | $82.64M | $140.71M | $123.48M | $58.8M | $44.23M | $62.85M | $49.28M | $6.74M | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $259M | $202M | $182M | $173M | -$177M | $431.4M | $5.55B | $5.69B | $4.94B | $4.04B | $2.91B | $2.34B | $1.43B | $1.26B | $2.44B | $2.51B | $790.56M | $370.96M | $102.46M | $21.55M | $61.02M | $551.8M | $488.97M | $374.27M | $342.66M | $292.04M | $1.04B | $796.2M |
| Total Long-Term Liabilities | $4.65B | $5.89B | $5.62B | $8.31B | $7.71B | $9.56B | $13.03B | $16.57B | $18.68B | $14.63B | $13.77B | $11.33B | $7.88B | $6.44B | $4.95B | $4.39B | $2.82B | $1.85B | $950.43M | $1.45B | $956.4M | $807.94M | $685.07M | $482.19M | $541.76M | $566.38M | $1.04B | $796.2M |
| 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 |
| Total Liabilities | $19.34B | $19.84B | $20.22B | $23.14B | $19.66B | $21.02B | $24.91B | $28.06B | $28.83B | $23.86B | $20.17B | $17.63B | $12.39B | $11.47B | $8.8B | $8.25B | $4.95B | $3.79B | $2.97B | $2.33B | $2B | $1.37B | $1.17B | $905.8M | $971.49M | $1.06B | $1.04B | $796.2M |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $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 | $119.4M | $0 | $0 |
| Common Stock | $0 | $1M | $1M | $1M | $1M | $1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.12M | $983K | $950K | $941K | $928K | $911K | $890K | $878K | $869K | $848K | $828K | $800K | $749K | $740K | $475K | $0 | $0 |
| Retained Earnings | $1.48B | $999M | $767M | $93M | -$87M | $4.83B | $5.16B | $5.01B | $4.17B | $3.49B | $3.09B | $2.54B | $2.05B | $1.55B | $1.13B | $815.72M | $1.03B | $889.3M | $682.9M | $527.69M | $338.08M | $199.34M | $96.97M | $29.67M | $8.14M | $16.37M | $0 | $0 |
| Comprehensive Income & Other | -$16M | -$22M | -$19M | -$21M | -$2M | -$5M | -$99.9M | -$138.1M | -$140.2M | -$150.7M | -$137.3M | -$75.45M | -$18.23M | -$21.86M | -$23.06M | -$34.5M | -$65.74M | -$47.85M | $24.04M | $9.25M | $8.09M | -$3.27M | -$833K | -$3.92M | -$6.74M | -$177K | $0 | $0 |
| Other Stockholders' Equity | $1.85B | $2.05B | $2.15B | $2.17B | $2.17B | -$3.31B | -$3.58B | -$2.68B | -$2.31B | -$1.84B | -$1.08B | -$145.69M | -$1.19B | -$1.03B | -$955.98M | -$793.55M | -$761.17M | -$342.9M | $513.18M | $542.98M | $582.18M | $670.36M | $604.57M | $512.14M | $496.85M | $345.55M | $260.07M | $294.81M |
| Total Equity | $3.33B | $3.05B | $2.92B | $2.27B | $2.09B | $1.52B | $1.59B | $2.33B | $1.86B | $1.66B | $2.01B | $2.4B | $855.76M | $528.49M | $175.97M | $23.09M | $272.78M | $547.3M | $1.2B | $1.07B | $921.11M | $870.52M | $702.33M | $542.56M | $505.73M | $362.39M | $260.07M | $294.81M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $167.4M | $235.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $22.66B | $22.89B | $23.14B | $25.41B | $21.75B | $22.55B | $26.49B | $30.39B | $30.68B | $25.51B | $22.18B | $20.03B | $13.24B | $12B | $8.98B | $8.27B | $5.23B | $4.34B | $4.16B | $3.4B | $2.93B | $2.24B | $1.87B | $1.45B | $1.48B | $1.42B | $1.3B | $1.09B |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $4.39B | $5.68B | $5.44B | $8.13B | $7.58B | $8.7B | $10.45B | $13.38B | $14.89B | $12.56B | $11.5B | $9.4B | $7.39B | $6.99B | $2.18B | $1.87B | $1.78B | $1.49B | $957.65M | $745.38M | $457.84M | $437.52M | $390.15M | $292.91M | $310.43M | $436.06M | $0 | $0 |
| Net Debt | $789M | $2.01B | $1.85B | $4.24B | $4.53B | $5.9B | $6.57B | $9.56B | $10.7B | $10.7B | $10.33B | $8.32B | $6.42B | $6.09B | $1.97B | $1.73B | $1.57B | $1.33B | $738.44M | $565.3M | $314.63M | $353.11M | $322.41M | $262.47M | $192.89M | $319.12M | -$56.55M | -$47.04M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | $518M | $277M | $718M | $223M | $801M | $214M | $310.9M | $963.1M | $788.7M | $517.6M | $603.2M | $516.1M | $496.2M | $422.2M | $315.29M | $193.7M | $143.73M | $217.39M | $164.06M | $189.6M | $138.75M | $102.37M | $67.3M | $23.66M | -$8.23M | -$21.32M | -$29.84M | $0 |
| Depreciation & Amortization | $80M | $90M | $116M | $113M | $123M | $184M | $249M | $487.3M | $497.6M | $512.1M | $492.2M | $313.1M | $216.12M | $166.88M | $153.15M | $143.23M | $125.41M | $143.81M | $166.63M | $125.04M | $99.71M | $91.4M | $74.56M | $66.47M | $74.2M | $76.14M | $0 | $43.77M |
| Deferred Income Tax | $90M | -$85M | -$68M | -$245M | -$15M | -$223M | -$178.9M | $16.3M | -$113.8M | -$30.8M | -$121.3M | -$13.4M | $42.9M | $102.3M | $47.04M | $19.1M | $17.48M | $27.04M | -$27.73M | -$27.77M | -$13.47M | $31.15M | $9.7M | $11.58M | $13.5M | -$13.11M | $0 | $0 |
| Stock-Based Compensation | $56M | $54M | $44M | $33M | $29M | $21M | $54.8M | $80.8M | $75.1M | $76.5M | $94.7M | $72.5M | $59.2M | $50.5M | $43.49M | $50.1M | $53.7M | $54.33M | $56.24M | $43.05M | $14.14M | $15.77M | $5.89M | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $64.9M | $4.1M | -$93M | -$10.3M | -$95.6M | $8.31M | -$156M | -$33.41M | -$49.22M | -$32.16M | -$44.04M | -$2.16M | -$17.01M | -$24.04M | -$50.95M | -$37.59M | -$602K | -$22.88M | $3.02M | $11.06M | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $250.9M | $0 | -$157.1M | $131.2M | -$75.54M | $30.08M | $61.42M | -$65.89M | $0 | -$17.12M | -$69.94M | -$193.73M | $77.05M | -$967K | $43.17M | -$29.04M | -$28.41M | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $62.1M | -$255M | -$93.7M | $167.4M | -$35.6M | $67.23M | $125.92M | -$28.01M | $115.11M | $53.68M | $61.16M | -$39.46M | -$52.91M | $66.65M | $57.08M | $42.76M | -$7.39M | -$3.27M | $0 | -$5.79M | $0 | $0 | $0 |
| Other Working Capital | -$39M | -$67M | $28M | -$47M | -$41M | $156M | -$302M | $2.5M | $94.8M | -$343.6M | -$120.1M | -$96.6M | -$151.3M | $63.3M | $82.8M | $70.6M | -$5.05M | $376.27M | $49.89M | $43.35M | -$6.12M | $56.73M | $92.45M | -$55.77M | $79.03M | $54.24M | $0 | $0 |
| Total Working Capital Change | -$39M | -$67M | $28M | -$47M | -$41M | $283M | -$302M | -$184.2M | $94.8M | -$343.6M | -$120.1M | -$96.6M | -$151.3M | $63.3M | $104.32M | $70.6M | -$116.62M | $112.62M | $169.54M | $48.52M | $42.21M | $19.7M | $37.9M | -$52.76M | $84.3M | $54.24M | $0 | $0 |
| Other Non-Cash Items | $1.39B | $1.59B | $1.15B | $1.77B | $646M | $1.4B | $1.08B | $1.39B | $1.27B | $1.36B | $678.3M | $552.5M | $329.38M | $329.02M | $348.06M | $425.97M | $134.71M | -$104.18M | $42.77M | $90.33M | -$172.25M | $92.68M | -$69.55M | $73.61M | $5.91M | -$8.76M | $281.48M | -$34.45M |
| Net Cash from Operating | $2.09B | $1.86B | $1.99B | $1.85B | $1.54B | $1.88B | $1.22B | $2.75B | $2.61B | $2.09B | $1.63B | $1.34B | $992.5M | $1.13B | $1.01B | $902.7M | $358.41M | $451.02M | $571.52M | $468.78M | $109.08M | $353.07M | $125.8M | $122.57M | $169.68M | $87.18M | $251.64M | $9.31M |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | -$68M | -$84M | -$54M | -$142.3M | -$199.8M | -$225.4M | -$207M | -$191.7M | -$158.7M | -$135.4M | -$116.4M | -$73.5M | -$68.8M | -$52.97M | -$49.56M | -$116.65M | -$100.35M | -$65.9M | -$48.33M | -$46.95M | -$42.38M | -$36.64M | -$33.08M | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | -$75M | -$267M | $4.41B | $0 | -$945.6M | $522.1M | -$45.4M | -$1.2B | $33.59M | -$463.9M | -$359.08M | -$117M | -$164.25M | $135.48M | -$446.16M | -$205.57M | -$140.9M | -$329.49M | -$51.66M | -$35.89M | -$88.98M | $0 | $0 | $0 |
| Purchases of Investments | -$22M | -$31M | -$50M | -$43M | -$93M | -$40M | -$924.8M | -$89.5M | -$101.4M | -$1.01B | -$38.79M | -$953.2M | -$36.47M | -$34.99M | -$32.8M | -$239.4M | -$203.69M | -$317.59M | -$8M | -$396K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $20M | $14M | $14M | $30M | $73M | $77M | $2.06B | $47.4M | $797.7M | $486M | $26.9M | $7.23M | $2.85M | $15.65M | $0 | $52.35M | $52.35M | $91.91M | $8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$1.37B | -$1.15B | $824M | -$5.03B | -$1.51B | $2.06B | -$2.54B | -$1.63B | -$3.81B | -$3.86B | -$3.03B | -$2.44B | -$1.47B | -$2.07B | -$575.34M | $32.05M | -$519.47M | -$372.76M | -$131.99M | -$236.66M | -$124.15M | -$26.48M | -$158.05M | -$114.33M | -$66.79M | $8.63M | -$309.45M | -$145.39M |
| Net Cash from Investing | -$1.37B | -$1.17B | $788M | -$5.11B | -$1.69B | $1.77B | $2.86B | -$1.87B | -$4.29B | -$4.06B | -$3.28B | -$4.74B | -$1.61B | -$2.67B | -$1.04B | -$340.8M | -$888.02M | -$512.52M | -$694.81M | -$542.97M | -$330.95M | -$404.3M | -$256.66M | -$192.6M | -$192.41M | -$24.46M | -$309.45M | -$145.39M |
| Financing Activities | ||||||||||||||||||||||||||||
| Debt Repaid | $1.32B | -$69M | $2.7B | -$560M | $434M | $1.72B | $3.24B | $610M | -$2.21B | -$1.08B | -$2.16B | -$1.85B | -$340.72M | -$1.46B | $156.04M | $4.77M | -$271.46M | -$569.53M | -$207.47M | -$276.06M | -$110.12M | -$137.54M | $128.63M | - | $125.64M | -$995K | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $4M | $2.8M | $12.4M | $17.6M | $18.4M | $18.4M | $18M | $17.06M | $14.09M | $20.7M | $29.41M | $33.85M | $28.86M | $30.92M | $20.89M | $48.83M | $29.11M | $34.53M | $81.44M | $9.53M | $162.5M | $149K | $0 | $0 |
| Common Stock Repurchases | -$313M | -$55M | -$35M | -$12M | $0 | $0 | -$976.1M | -$443.2M | -$553.7M | -$798.8M | -$951.6M | -$286.6M | -$231.09M | -$125.84M | -$240.88M | -$148.72M | -$445.89M | -$1B | -$108.54M | -$146M | -$145.04M | $0 | $0 | $0 | -$6.15M | $0 | $0 | $0 |
| Dividends Paid | -$42M | -$43M | -$42M | -$43M | -$42M | -$61M | -$127.4M | -$125.2M | -$115.5M | -$30M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $794M | -$563M | -$313M | $2.76B | $1.08B | -$2.39B | $249.7M | -$57.1M | $2.47B | $2.42B | $564.2M | $1.95B | $594.51M | $854.55M | $476.75M | $12.96M | $715.76M | $380.09M | $77.25M | -$66.63M | $284.4M | $0 | $212.2M | $0 | $1.79M | $0 | $74.93M | $163.28M |
| Net Cash from Financing | -$807M | -$592M | -$3.09B | $3.27B | $608M | -$4.17B | -$4.09B | -$1.22B | $4B | $2.66B | $1.77B | $3.52B | $704.15M | $2.21B | $109.25M | -$715.7M | $570.19M | -$20.31M | $197.07M | $112.27M | $278.58M | $66.37M | $165M | -$15.67M | $32.5M | $1.14M | $74.93M | $163.28M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $15M | $3.6M | -$12M | $4.8M | $2.4M | -$25.3M | -$15.8M | -$11.8M | $5.3M | -$2.79M | -$2.1M | $15.89M | -$27.12M | $11.98M | -$1.22M | $2.1M | $1.52M | $3.16M | -$1.39M | -$9.18M | -$3.48M | $57.81M | $136.07M |
| Net Change in Cash | -$86M | $98M | -$311M | $4M | $460M | -$495M | -$9.6M | -$347M | $2.33B | $691.2M | $90.8M | $107.4M | $76.4M | $677.2M | $77.1M | -$74.3M | $56.47M | -$108.93M | $85.76M | $36.86M | $58.8M | $16.66M | $37.31M | -$87.1M | $594K | $60.4M | $74.93M | $163.28M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Operating Cash Flow | $2.09B | $1.86B | $1.99B | $1.85B | $1.54B | $1.88B | $1.22B | $2.75B | $2.61B | $2.09B | $1.63B | $1.34B | $992.5M | $1.13B | $1.01B | $902.7M | $358.41M | $451.02M | $571.52M | $468.78M | $109.08M | $353.07M | $125.8M | $122.57M | $169.68M | $87.18M | $251.64M | $9.31M |
| Capital Expenditure | $0 | $0 | $0 | -$68M | -$84M | -$54M | -$142.3M | -$199.8M | -$225.4M | -$207M | -$191.7M | -$158.7M | -$135.4M | -$116.4M | -$73.5M | -$68.8M | -$52.97M | -$49.56M | -$116.65M | -$100.35M | -$65.9M | -$48.33M | -$46.95M | -$42.38M | -$36.64M | -$33.08M | $0 | $0 |
| Free Cash Flow | $2.09B | $1.86B | $1.99B | $1.78B | $1.46B | $1.83B | $1.08B | $2.56B | $2.38B | $1.88B | $1.44B | $1.19B | $857.1M | $1.02B | $937.85M | $833.9M | $305.44M | $401.46M | $454.87M | $368.43M | $43.18M | $304.74M | $78.85M | $80.19M | $133.04M | $54.1M | $251.64M | $9.31M |
| Cash at Beginning | $3.71B | $3.62B | $3.93B | $3.92B | $3.46B | $3.96B | $3.97B | $4.31B | $1.86B | $1.17B | $1.08B | $969.8M | $893.4M | $216.2M | $139.11M | $213.4M | $156.91M | $265.84M | $180.07M | $143.21M | $84.41M | $67.75M | $30.44M | $117.53M | $116.94M | $56.55M | $0 | $0 |
| Cash at End | $3.63B | $3.71B | $3.62B | $3.93B | $3.92B | $3.46B | $3.96B | $3.97B | $4.19B | $1.86B | $1.17B | $1.08B | $969.8M | $893.4M | $216.21M | $139.1M | $213.38M | $156.91M | $265.84M | $180.07M | $143.21M | $84.41M | $67.75M | $30.44M | $117.53M | $116.94M | $74.93M | $163.28M |