BXP, Inc. (BXP)
BXP, trading on the NYSE, is the leading publicly listed company engaged in the development and ownership of premier Class A office properties across the United States. Its operations are strategically concentrated in five major urban centers: Boston, Los Angeles, New York, San Francisco, and Washington, D.C. Structured as a Real Estate Investment Trust (REIT), the company operates as a comprehensive real estate entity, involved in the full spectrum of activities from developing and acquiring to managing and operating a diverse collection of primarily Class A office assets. Its current property holdings consist of 196 assets, collectively spanning 51.2 million square feet, which includes six properties actively undergoing construction or significant redevelopment.
Sector: Real Estate Investment Trusts
Industry: REIT - Office
BXP, Inc.
NYSE:BXPReal Estate · REIT - Office
+0.99%$62.10
AH Close$62.10+0.00%vs close
AH Close$62.10+0.00%vs close
Mkt Cap$9.91B
Float159.28M
O/S159.66M
Inst Own-
SI7.8%
Div Yield4.51%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.48B
Net Income$276.8M
Total Assets$26.17B
Free Cash Flow$689.66M
Debt & Equity
Debt 77%
Equity 23%
Total Debt$17.36B
Total Equity$5.15B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BXP's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$26.17B
Liabilities$18.48B
Accounts Receivable$1.65B
Accounts Payable$480.02M
Inventory$0
PP&E (Net)$20.38B
Goodwill$0
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 | FY 1998 | FY 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $3.48B | $3.41B | $3.27B | $3.11B | $2.89B | $2.77B | $2.96B | $2.72B | $2.6B | $2.55B | $2.49B | $2.4B | $2.14B | $1.88B | $1.76B | $1.55B | $1.52B | $1.49B | $1.48B | $1.48B | $1.44B | $1.4B | $1.31B | $1.23B | $1.03B | $879.35M | $786.56M | $513.85M | $275.46M |
| YoY Growth | 2.2% | 4.1% | 5.3% | 7.6% | 4.4% | -6.6% | 9.0% | 4.4% | 2.0% | 2.4% | 3.9% | 12.2% | 13.8% | 6.6% | 13.5% | 1.9% | 2.3% | 0.4% | 0.3% | 2.8% | 2.7% | 6.9% | 6.1% | 19.5% | 17.5% | 11.8% | 53.1% | 86.5% | - |
| Cost of Revenue | $1.37B | $1.32B | $1.22B | $1.14B | $1.03B | $1.03B | $1.08B | $1.02B | $962.04M | $921.23M | $904.34M | $864.53M | $771.4M | $685.48M | $620.11M | $526.85M | $525.76M | $515.54M | $483.61M | $497.35M | $490.02M | $474.75M | $452.89M | $416.58M | $312.29M | $264.7M | $249.27M | $150.49M | $89.58M |
| Gross Profit | $2.11B | $2.09B | $2.06B | $1.97B | $1.85B | $1.74B | $1.88B | $1.69B | $1.64B | $1.63B | $1.59B | $1.53B | $1.36B | $1.19B | $1.14B | $1.02B | $996.48M | $972.86M | $998.68M | $980.23M | $947.61M | $925.72M | $856.74M | $818.25M | $720.68M | $614.65M | $537.3M | $363.36M | $185.88M |
| Gross Margin | 60.6% | 61.2% | 62.8% | 63.5% | 64.2% | 62.7% | 63.4% | 62.4% | 63.0% | 63.9% | 63.7% | 63.9% | 63.9% | 63.5% | 64.8% | 66.0% | 65.5% | 65.4% | 67.4% | 66.3% | 65.9% | 66.1% | 65.4% | 66.3% | 69.8% | 69.9% | 68.3% | 70.7% | 67.5% |
| 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 |
| Selling, General, and Administrative | $168.79M | $176.47M | $187.93M | $161.83M | $164.06M | $133.11M | $151.16M | $121.72M | $113.72M | $105.23M | $96.32M | $98.94M | $115.33M | $82.38M | $81.44M | $79.66M | $75.45M | $72.36M | $69.88M | $59.38M | $55.47M | $53.64M | $45.36M | $47.29M | $38.31M | $35.66M | $29.45M | $22.5M | $11.8M |
| Other | $0 | $887.19M | $830.81M | $749.77M | $717.34M | $695.38M | $677.76M | $645.65M | $617.55M | $694.4M | $639.54M | $628.57M | $560.64M | $453.07M | $439.18M | $331.17M | $321.68M | $304.15M | $289.45M | $308.9M | $279.73M | $258.51M | $211.11M | $202.35M | $130.18M | $132.82M | $120.06M | $75.42M | $38.77M |
| Total Operating Expenses | $168.79M | $1.06B | $1.02B | $911.6M | $881.4M | $828.49M | $828.93M | $767.37M | $731.26M | $801.51M | $735.86M | $727.51M | $675.97M | $535.45M | $520.63M | $410.83M | $397.13M | $376.51M | $359.33M | $368.28M | $335.2M | $312.15M | $256.47M | $249.64M | $168.49M | $168.47M | $149.51M | $97.92M | $50.58M |
| Operating Income (EBIT) | $1.94B | $1.02B | $1.04B | $1.06B | $973.08M | $906.85M | $1.05B | $913.68M | $908.11M | $823.91M | $849.37M | $801.82M | $678.12M | $651.68M | $618.64M | $610.51M | $276.52M | $324.38M | $353.47M | $313.7M | $304.32M | $307.4M | $299.36M | $296.92M | $302.32M | $228.78M | $182.37M | $140.57M | $43.72M |
| Operating Margin | 55.7% | 30.0% | 31.7% | 34.1% | 33.7% | 32.8% | 35.4% | 33.6% | 34.9% | 32.3% | 34.1% | 33.5% | 31.8% | 34.7% | 35.2% | 39.4% | 18.2% | 21.8% | 23.8% | 21.2% | 21.2% | 21.9% | 22.9% | 24.0% | 29.3% | 26.0% | 23.2% | 27.4% | 15.9% |
| Interest Expense | $647.66M | $645.12M | $572.87M | $437.14M | $423.35M | $431.72M | $412.72M | $378.17M | $374.48M | $412.85M | $432.2M | $455.74M | $446.88M | $413.56M | $394.13M | $378.08M | $322.83M | $271.97M | $285.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $60.2M | $63.26M | $11.94M | $5.7M | $5.95M | $18.94M | $10.82M | $5.78M | $7.23M | $6.78M | $8.77M | $8.31M | $10.09M | $5.36M | $7.33M | $4.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$1.56B | -$937.74M | -$747.23M | -$40.85M | -$341.14M | $111.84M | -$395.62M | -$214.54M | -$345.63M | -$255.81M | -$425.34M | -$275.76M | $25.53M | -$406.71M | -$315.69M | -$424.36M | -$304.79M | -$155.89M | $806.25M | $559.94M | -$60.9M | $8.15M | $65.96M | $147.46M | -$94.29M | -$568K | $0 | $0 | $0 |
| Income Before Tax (EBT) | $384M | $84.19M | $291.42M | $1.02B | $631.93M | $1.02B | $652M | $597.87M | $554.82M | $487.5M | $424.02M | $358.02M | $703.65M | $294.22M | $313.83M | $159.07M | $231.01M | $168.48M | $0 | $0 | $0 | $315.55M | $365.32M | $444.38M | $208.03M | $228.21M | $0 | $0 | $0 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $177.05M | $478.09M | $397.32M | $295.88M | $382.92M | $0 | $467.21M | $432.01M | $490.83M | $380.4M | $289.1M | -$685.34M | -$261.68M | $174.12M | $329.55M | $234.95M | $567.47M | $344.17M | $293.18M | $268.01M | $172.32M | $95.55M |
| Net Income | $276.8M | $14.27M | $190.22M | $848.95M | $505.19M | $872.73M | $521.53M | $582.85M | $462.44M | $511.1M | $583.11M | $443.61M | $749.81M | $289.65M | $272.68M | $159.07M | $231.01M | $125.23M | $1.32B | $873.63M | $438.29M | $284.02M | $365.32M | $444.38M | $208.03M | $153M | $119.78M | $93.11M | $39.76M |
| Net Income Margin | 7.9% | 0.4% | 5.8% | 27.3% | 17.5% | 31.6% | 17.6% | 21.5% | 17.8% | 20.0% | 23.4% | 18.5% | 35.1% | 15.4% | 15.5% | 10.3% | 15.2% | 8.4% | 89.4% | 59.1% | 30.5% | 20.3% | 27.9% | 36.0% | 20.1% | 17.4% | 15.2% | 18.1% | 14.4% |
| Supplementary Data | |||||||||||||||||||||||||||||
| EPS | 1.74 | 0.09 | 1.21 | 5.42 | 3.18 | 5.54 | 0.40 | 3.77 | 2.93 | 3.27 | 3.73 | 2.83 | 4.87 | 1.93 | 1.87 | 1.14 | 1.76 | 0.88 | 11.11 | 7.62 | 3.94 | 2.67 | 3.71 | 4.57 | 2.24 | 2.05 | 1.72 | 1.53 | 0.91 |
| Diluted EPS | 1.74 | 0.09 | 1.21 | 5.40 | 3.17 | 5.54 | 0.40 | 3.77 | 2.93 | 3.26 | 3.72 | 2.83 | 4.86 | 1.92 | 1.86 | 1.14 | 1.76 | 0.87 | 10.94 | 7.46 | 3.86 | 2.61 | 3.65 | 4.50 | 2.19 | 2.05 | 1.71 | 1.52 | 0.90 |
| Weighted Average OS | 158.87M | 157.47M | 157.20M | 156.73M | 156.12M | 155.43M | 154.58M | 154.43M | 154.19M | 153.72M | 153.47M | 153.09M | 152.20M | 150.12M | 145.69M | 139.44M | 131.05M | 119.98M | 118.84M | 114.72M | 111.27M | 106.46M | 96.90M | 93.14M | 89.93M | 71.43M | 66.23M | 60.78M | 38.69M |
| EBITDA | $1.94B | $1.62B | $1.7B | $2.21B | $1.78B | $2.14B | $1.74B | $1.74B | $1.55B | $1.68B | $1.49B | $1.43B | $1.25B | $1.15B | $1.06B | $948.88M | $596.18M | $1.08B | $931.75M | $323.98M | $864.03M | $553.72M | $754.65M | $1.76B | $1.46B | $797.91M | $507.84M | $340.85M | $174.08M |
| EBITDA Margin | 55.8% | 47.5% | 52.0% | 71.1% | 61.5% | 77.2% | 58.9% | 63.9% | 59.7% | 65.8% | 59.8% | 59.7% | 58.8% | 61.3% | 60.1% | 61.2% | 39.2% | 72.5% | 62.9% | 21.9% | 60.1% | 39.5% | 57.6% | 142.8% | 141.4% | 90.7% | 64.6% | 66.3% | 63.2% |
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 | FY 1998 | FY 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | |||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.48B | $1.25B | $1.53B | $690.33M | $452.69M | $1.67B | $644.95M | $543.36M | $434.77M | $356.91M | $723.72M | $1.76B | $2.37B | $1.04B | $1.82B | $478.95M | $1.45B | $241.51M | $1.51B | $725.79M | $261.5M | $239.34M | $22.69M | $55.27M | $98.07M | $280.96M | $12.04M | $12.17M | $17.56M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.55M | $8.73M | $9.95M | $11.59M | $104.26M | $0 | $0 | $0 | $0 | $0 | $4.3M | $7.01M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.48B | $1.25B | $1.53B | $690.33M | $452.69M | $1.67B | $644.95M | $543.36M | $434.77M | $356.91M | $723.72M | $1.76B | $2.37B | $1.04B | $1.83B | $487.68M | $1.46B | $253.1M | $1.61B | $725.79M | $261.5M | $239.34M | $22.69M | $55.27M | $102.36M | $287.97M | $12.04M | $12.17M | $17.56M |
| Accounts Receivable | $1.65B | $1.68B | $1.58B | $1.45B | $1.38B | $1.2B | $1.15B | $1.02B | $953.76M | $891.69M | $852.75M | $738.59M | $711.07M | $667.75M | $602.51M | $399.82M | $363.24M | $338.74M | $58.07M | $57.05M | $52.67M | $25.5M | $18.43M | $20.46M | $43.55M | $26.85M | $28.26M | $40.83M | $24.46M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$80.94M | -$77.97M | -$129.67M | -$185.12M | -$164.43M | -$184.48M | -$90.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34.4M |
| Other Current Assets | $249.65M | $144.05M | $81.09M | $46.48M | -$9.35M | $180.71M | $184.54M | $176.78M | $0 | $0 | $0 | $651.75M | $0 | $533.1M | $0 | $308.03M | $21.87M | $21.97M | $156.27M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $107.96M |
| Total Current Assets | $3.37B | $3.08B | $3.19B | $2.19B | $1.89B | $3.05B | $1.98B | $1.76B | $1.46B | $1.31B | $1.65B | $2.99B | $3.13B | $2.15B | $2.32B | $1.64B | $1.84B | $613.81M | $1.56B | $782.84M | $314.16M | $264.84M | $41.11M | $75.73M | $141.61M | $314.82M | $40.4M | $53M | $170.2M |
| Long-Term Assets | |||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $20.38B | $707.69M | $0 | $404.86M | $0 | $17.37B | $17.37B | $16.55B | $16.3B | $15.68B | $15.3B | $15.42B | $15.52B | $11.68B | $10.75B | $10.44B | $9.07B | $8.85B | $8.72B | $8.16B | $7.89B | $8.15B | $7.98B | $7.85B | $6.74B | $5.53B | $5.14B | $4.56B | $1.5B |
| 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 |
| Intangible Assets | $0 | $0 | $0 | $713.97M | $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 Investments | $1.04B | $1.13B | $1.41B | $1.75B | $1.53B | $1.35B | $992.39M | $984.51M | $649.09M | $799.01M | $255.6M | $212.85M | $142.72M | $672.09M | $669.72M | $767.25M | $763.64M | $782.76M | $81.67M | $83.71M | $90.21M | $80.95M | $88.79M | $101.91M | $98.48M | $89.87M | $36.41M | $46.79M | $3.14M |
| Deferred Tax Assets | $0 | $0 | $0 | -$713.97M | $0 | $0 | $0 | $20.26B | $19.37B | $18.85B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.37B | $21.16B | $21.42B | $19.87B | $18.95B | $1.09B | $944.04M | $17.51B | $17.26B | $16.74B | $1.17B | $1.26B | $1.37B | $953.94M | $1.04B | $501.68M | $675.2M | $665.51M | -$8.8B | -$8.24B | -$7.98B | -$8.23B | -$8.07B | -$7.95B | -$6.84B | -$5.62B | -$5.18B | -$4.61B | -$3.1M |
| Total Long-Term Assets | $22.79B | $23B | $22.83B | $22.02B | $20.48B | $19.81B | $19.3B | $18.5B | $17.91B | $17.54B | $16.73B | $16.9B | $17.03B | $13.31B | $12.46B | $11.71B | $10.5B | $10.3B | $8.8B | $8.24B | $7.98B | $8.23B | $8.07B | $7.95B | $6.84B | $5.62B | $5.18B | $4.61B | $1.5B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $827.78M | $668.07M | $611.89M | $569.57M | $439.38M | $401.79M | $275.36M | $295.72M | $216.29M | $575.5M | $0 |
| Total Assets | $26.17B | $26.08B | $26.03B | $24.21B | $22.37B | $22.86B | $21.28B | $20.26B | $19.37B | $18.85B | $18.38B | $19.89B | $20.16B | $15.46B | $14.78B | $13.35B | $12.35B | $10.91B | $11.19B | $9.7B | $8.9B | $9.06B | $8.55B | $8.43B | $7.25B | $6.23B | $5.43B | $5.24B | $1.67B |
| Liabilities | |||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||
| Accounts Payable | $480.02M | $401.87M | $458.33M | $417.55M | $320.77M | $336.26M | $377.55M | $276.64M | $331.5M | $298.52M | $274.71M | $243.26M | $202.47M | $199.1M | $155.14M | $161.59M | $220.09M | $171.79M | $145.69M | $102.93M | $2.18M | $3.02M | $7.46M | $0 | $1.55M | $57.34M | $25.15M | $9.71M | $7.86M |
| Short-Term Debt | $750M | $500M | $0 | $0 | $145M | $0 | $0 | $0 | $45M | $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 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$10.68B | $0 | -$8.18B | $0 | $0 | -$744.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $123.75M | $101.23M | $0 | $138.92M | $0 | $171.08M | $170.71M | $0 | $0 | $0 | $0 | $0 | $744.88M | $0 | $0 | $0 | $0 | $100M | $0 | -$1.01B | -$157.73M | -$145.12M | -$142.96M | -$98.99M | -$90.19M | $929.79M | $1.24B | $1.16B | $34.1M |
| Total Current Liabilities | $1.48B | $1.2B | $763.19M | $691.96M | $730.43M | $644.62M | $638.28M | $531.03M | $599.19M | $672.76M | $792.41M | $1.29B | $867.24M | $382.05M | $316.14M | $329.42M | $376.68M | $436.08M | $145.69M | $102.93M | $2.18M | $3.02M | $7.46M | -$7.38M | $1.08B | $1.06B | $1.32B | $1.21B | $64.5M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||
| Long-Term Debt | $15.86B | $15.72B | $15.86B | $14.24B | $12.75B | $13.05B | $11.81B | $11.01B | $9.96B | $8.18B | $9.22B | $10.09B | $10.78B | $8.91B | $8.7B | $7.79B | $6.72B | $6.09B | $4.2B | $4.15B | $4.77B | $5.01B | $5B | $5.15B | $4.31B | $3.41B | $3.32B | $3.09B | $1.33B |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12.04B | $11.27B | $10.92B | $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 | -$12.04B | -$11.27B | -$10.92B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $393.61M | $181.96M | $445.95M | $450.92M | $391.44M | $418.98M | $396.36M | $503.73M | $706.16M | $1.76B | $483.6M | $607.58M | $1.47B | $533.05M | $349.17M | $268.65M | $183.19M | $851.41M | -$4.2B | -$4.15B | -$4.77B | -$5.01B | -$5B | -$5.15B | -$4.31B | -$3.41B | -$3.32B | -$3.09B | $84K |
| Total Long-Term Liabilities | $17B | $16.93B | $17.07B | $15.15B | $13.59B | $13.87B | $12.63B | $11.51B | $10.67B | $10.25B | $9.7B | $10.69B | $12.25B | $9.45B | $9.05B | $8.05B | $6.9B | $6.94B | $4.2B | $4.15B | $4.83B | $5.01B | $5B | $5.04B | $4.32B | $3.42B | $2.96B | $3.07B | $1.33B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.53B | $1.59B | $417.32M | $325.99M | $308.63M | $388.88M | -$744.3M | -$777.97M | -$681.75M | -$1.08B | $0 |
| Total Liabilities | $18.48B | $18.14B | $17.83B | $15.84B | $14.32B | $14.52B | $13.27B | $12.04B | $11.27B | $10.92B | $10.49B | $11.98B | $13.12B | $9.83B | $9.37B | $8.38B | $7.28B | $7.38B | $6.87B | $5.85B | $5.25B | $5.34B | $5.32B | $5.42B | $4.65B | $3.7B | $3.6B | $3.21B | $1.4B |
| Stockholders' Equity | |||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $200M | $200M | $200M | $200M | $200M | $200M | $200M | $200M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100M | $0 | $0 | $0 | $0 |
| Common Stock | $1.58M | $1.58M | $1.57M | $1.57M | $1.56M | $1.56M | $1.55M | $1.54M | $1.54M | $1.54M | $1.54M | $1.53M | $1.53M | $1.52M | $1.48M | $1.4M | $1.39M | $1.21M | $1.2M | $1.18M | $1.13M | $1.1M | $982K | $954K | $908K | $866K | $679K | $635K | $387K |
| Retained Earnings | $0 | -$1.42B | -$816.15M | -$391.36M | -$625.89M | $0 | $0 | -$675.53M | -$712.34M | -$695.38M | -$780.95M | -$762.46M | -$108.55M | -$109.97M | -$53.08M | -$24.76M | $95.43M | $192.84M | $394.32M | $108.16M | $182.1M | $325.45M | $320.9M | $198.59M | -$17.67M | -$13.89M | -$10.89M | -$7.87M | $2.31M |
| Comprehensive Income & Other | -$1.69B | $9.54M | -$21.15M | -$13.72M | -$36.66M | -$559.54M | -$808.86M | -$47.74M | -$50.43M | -$52.25M | -$14.11M | -$9.3M | -$11.56M | -$13.82M | -$16.14M | -$18.44M | -$21.78M | -$29.92M | -$29.19M | -$3.32M | -$8.88M | -$15.64M | -$16.34M | -$17.02M | -$13.87M | -$11.74M | -$470.59M | -$357.38M | -$294.22M |
| Other Stockholders' Equity | $5.15B | $6.83B | $6.7B | $6.52B | $6.47B | $5.99B | $5.68B | $6.56B | $6.52B | $6.48B | $6.49B | $6.46B | $5.85B | $5.21B | $4.92B | $4.4B | $4.35B | $3.34B | $3.27B | $3.11B | $2.73B | $2.61B | $2.08B | $1.96B | $1.77B | $1.66B | $1.07B | $955.71M | $172.35M |
| Total Equity | $5.15B | $5.41B | $5.89B | $6.13B | $5.84B | $6B | $5.68B | $5.88B | $5.81B | $5.78B | $5.71B | $5.7B | $5.74B | $5.1B | $4.87B | $4.37B | $4.45B | $3.53B | $3.67B | $3.22B | $2.92B | $2.94B | $2.4B | $2.16B | $1.75B | $1.65B | $1.06B | $948.48M | $175.05M |
| Minority Interest | $2.54B | $2.52B | $2.31B | $2.24B | $2.2B | $2.34B | $2.33B | $2.33B | $2.29B | $2.15B | $2.18B | $2.21B | $1.3B | $537.79M | $547.52M | $591.55M | $623.06M | $0 | $653.89M | $623.51M | $739.27M | $786.33M | $830.13M | $844.58M | $844.74M | $877.72M | $781.96M | $1.08B | $100.64M |
| Total Liabilities and Equity | $23.63B | $23.55B | $23.72B | $21.97B | $20.17B | $20.51B | $18.96B | $17.93B | $17.08B | $16.7B | $16.2B | $17.68B | $18.86B | $14.92B | $14.24B | $12.76B | $11.73B | $10.91B | $10.54B | $9.07B | $8.16B | $8.28B | $7.72B | $7.58B | $6.41B | $5.35B | $4.65B | $4.16B | $1.57B |
| Supplementary Data | |||||||||||||||||||||||||||||
| Total Debt | $17.36B | $17.32B | $16.62B | $14.69B | $13.35B | $13.49B | $12.24B | $11.01B | $10.27B | $9.8B | $9.22B | $10.09B | $11.52B | $8.91B | $8.7B | $7.79B | $6.72B | $6.27B | $4.2B | $4.15B | $4.83B | $5.01B | $5B | $5.04B | $4.31B | $3.41B | $3.32B | $3.09B | $1.33B |
| Net Debt | $15.88B | $16.07B | $15.09B | $14B | $12.89B | $11.82B | $11.59B | $10.46B | $9.84B | $9.44B | $8.49B | $8.32B | $9.16B | $7.87B | $6.88B | $7.31B | $5.27B | $6.03B | $2.69B | $3.43B | $4.56B | $4.77B | $4.98B | $4.99B | $4.22B | $3.13B | $3.31B | $3.08B | $1.31B |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | |||||||||||||||||||||||||||||
| Net Income | $276.8M | $84.19M | $291.42M | $1.02B | $631.93M | $1.02B | $652M | $712.56M | $562.48M | $569.98M | $799.92M | $526.06M | $711.67M | $295.26M | $313.83M | $190.33M | $274.5M | $125.23M | $1.32B | $873.63M | $438.29M | $284.02M | $365.32M | $444.94M | $208.03M | $153.43M | $119.78M | $93.11M | $39.76M |
| Depreciation & Amortization | $912.09M | $889.45M | $832.75M | $752.2M | $720.85M | $685.99M | $680.18M | $645.65M | $617.55M | $694.4M | $639.54M | $628.57M | $565.4M | $454.04M | $439.18M | $338.37M | $321.68M | $304.15M | $288.98M | $276.76M | $267.64M | $252.94M | $210.48M | $186.43M | $150.16M | $133.15M | $120.06M | $75.42M | $38.77M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$69.7M | -$505.39M | $16.25M | -$148.19M | -$10.97M | -$123.21M | -$367.71M | -$269.44M | -$93.88M | -$73.96M | -$44.11M | -$30.91M | $14.2M | $179.89M | $0 | $0 | $0 | $0 | -$2.22M | -$1.19M | -$578K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $43.95M | $51.48M | $52.03M | $50.86M | $44.14M | $40.96M | $40.12M | $35.36M | $32.91M | $29.18M | $28.1M | $45.16M | $29.68M | $29.67M | $32.85M | $26.64M | $23.11M | $0 | $0 | $0 | $0 | $2.22M | $1.19M | $578K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||
| Accounts Receivable | -$69.37M | -$83.89M | -$131.01M | -$7.62M | $4.82M | $22.55M | -$24.88M | $29.2M | $2.43M | $3.69M | -$46.33M | $12.87M | -$443K | $23.16M | $0 | $0 | $0 | $0 | -$31.52M | -$56.89M | -$97.94M | -$72.56M | -$53.28M | $24.14M | -$29.55M | -$13.5M | -$37M | -$36.1M | -$5.3M |
| Inventory | $0 | $0 | $0 | $0 | -$186.08M | -$48.69M | -$100.94M | -$21.01M | -$212.37M | -$27.68M | -$97.94M | -$99.53M | -$23.63M | -$65.66M | $0 | $0 | $0 | $0 | $13.18M | -$5.23M | -$25.22M | -$10.36M | -$733K | $27.35M | $22.73M | -$25.59M | $25.39M | -$6.56M | -$17.7M |
| Accounts Payable | $27.16M | -$2.4M | $41.7M | -$22.78M | $20.02M | -$4.06M | $12.63M | $1.35M | $10.48M | $15.67M | -$6.31M | $3.9M | $13.11M | $3.85M | $6.66M | -$32.84M | $14.85M | $18.07M | -$18.57M | -$61.36M | -$26.38M | -$76.51M | $6.94M | $21.13M | $11.68M | -$15.54M | $40.3M | $36.1M | $5.6M |
| Other Working Capital | -$152.19M | -$118.12M | -$73.59M | -$177.19M | -$62.85M | -$79.77M | -$117.28M | -$130.74M | -$96.23M | -$93.83M | -$108.68M | -$95.64M | -$56.11M | -$66.55M | -$188.27M | -$172.74M | -$86.66M | -$131.48M | -$13.18M | $5.23M | $25.22M | $10.36M | $733K | -$138.83M | -$22.73M | $25.59M | -$25.51M | $6.56M | -$545K |
| Total Working Capital Change | -$194.4M | -$204.41M | -$162.9M | -$207.59M | -$224.09M | -$109.97M | -$230.47M | -$121.2M | -$295.69M | -$102.15M | -$259.25M | -$178.4M | -$67.08M | -$105.2M | -$181.61M | -$205.58M | -$71.81M | -$113.41M | -$50.09M | -$118.25M | -$124.32M | -$149.07M | -$46.34M | -$66.22M | -$17.87M | -$29.04M | $3.19M | $7K | -$17.95M |
| Other Non-Cash Items | $250.67M | $421.32M | $288.76M | -$334.82M | $23.37M | $23.38M | $22.25M | $21.3M | -$1.28M | -$35.05M | -$42.27M | -$39.34M | -$383.34M | $43.13M | $49.36M | $50.83M | $52.17M | $41.94M | -$934.2M | -$504.17M | -$109.37M | $41.61M | -$41.19M | -$127.76M | $79.08M | $82.13M | $60.35M | $46.75M | -$1.51M |
| Net Cash from Operating | $1.25B | $1.23B | $1.3B | $1.28B | $1.13B | $1.16B | $1.18B | $1.15B | $907.45M | $1.04B | $799.41M | $695.55M | $777.93M | $642.95M | $606.33M | $375.89M | $617.38M | $560.91M | $629.38M | $527.98M | $472.25M | $429.51M | $488.27M | $437.38M | $419.4M | $339.66M | $303.37M | $215.29M | $59.07M |
| Investing Activities | |||||||||||||||||||||||||||||
| Capital Expenditures | -$559.03M | $0 | $0 | -$398.09M | -$13.61M | -$2.55M | -$432.39M | -$399.81M | -$427.81M | -$812.43M | $0 | $0 | $0 | $0 | -$446M | -$860.52M | -$442.84M | -$575.97M | -$1.13B | -$642.02M | -$394.76M | -$277.68M | -$422.27M | -$1.43B | -$1.32B | -$604.16M | -$663.84M | -$1.7B | -$554.61M |
| Acquisitions | $40.66M | -$132.1M | -$192.65M | -$277.58M | -$80.36M | -$172.44M | -$87.39M | $46.7M | -$109.02M | -$520.09M | -$38.21M | -$52.05M | $79.47M | -$6.21M | -$17.97M | -$12.9M | -$7.83M | -$896.03M | $0 | $0 | $0 | $0 | -$422.27M | -$1.43B | -$1.32B | -$604.16M | -$10.84M | -$43.64M | -$3.14M |
| Purchases of Investments | -$1.02B | -$2.5M | -$2.19M | -$2.4M | -$4.17M | $2.55M | -$2.13M | -$1.15B | -$1.67M | -$1.16M | -$668.91M | -$1.78M | -$1.56M | -$1.24M | -$816K | -$22.5M | $1.64M | $288.63M | -$30.37M | -$282.76M | -$37.5M | $0 | -$4.5M | -$4.16M | -$7.16M | -$18.88M | -$6.5M | $0 | $0 |
| Sales of Investments | $935.73M | $136K | $1.5M | $4.9M | $17.79M | $2.55M | $231.18M | $455.41M | $319.85M | -$3.66M | $0 | $0 | $0 | $0 | $43.44M | $2.15M | $4.08M | $14.7M | $0 | $23.57M | $39.81M | $0 | $0 | $0 | $0 | $674.88M | $676.94M | $0 | $0 |
| Other Investing Activities | $0 | -$1.1B | -$1B | -$929.63M | -$959.59M | -$443.83M | -$724.36M | $0 | -$787.13M | $8.29M | $426.89M | -$611.29M | -$610.55M | -$1.27B | $331.24M | -$267.5M | -$1.64M | -$147M | $1.74B | $1.13B | $749.05M | $106.67M | $946.54M | $1.85B | $1.35B | -$21.03M | -$653.49M | -$438.12M | $5.17M |
| Net Cash from Investing | -$603.86M | -$1.24B | -$1.19B | -$1.6B | -$1.04B | -$613.72M | -$1.02B | -$1.05B | -$897.81M | -$1.33B | -$280.23M | -$665.12M | -$532.64M | -$1.28B | -$90.1M | -$1.16B | -$446.6M | -$1.32B | $576.93M | $229.76M | $356.61M | -$171.01M | $97.5M | -$1.02B | -$1.3B | -$573.36M | -$657.73M | -$2.18B | -$552.59M |
| Financing Activities | |||||||||||||||||||||||||||||
| Debt Repaid | -$92.45M | $367.66M | -$1.32B | $153.46M | $167.1M | -$1.23B | -$802.19M | -$775.95M | -$602.5M | -$656.92M | $58.26M | $1.29B | -$720.97M | -$12.22M | -$729.9M | -$162.69M | -$657.21M | -$1.97B | -$990.5M | $424.25M | $185.94M | $111.21M | $362.59M | -$832.03M | -$957.12M | -$85.15M | -$625.16M | -$1.27B | $263.14M |
| Common Stock Issuance | $0 | $0 | $367K | $0 | $24.21M | $3.28M | $13.71M | $0 | $241K | $0 | $799K | $1.92M | $0 | $247.25M | $448.7M | $22.59M | $850.62M | $37.41M | $23.48M | $0 | $45.02M | $422.07M | $69.03M | $9.77M | $12.66M | $16.38M | $803K | $819.1M | $839.21M |
| Common Stock Repurchases | $0 | -$1.73M | $0 | $0 | -$200M | $0 | $0 | -$730K | $0 | -$271K | -$633K | -$17.37M | -$43.4M | -$18.33M | $0 | $0 | $0 | $0 | $0 | $0 | -$1.85M | $0 | -$69.03M | $0 | -$2.72M | $0 | $0 | $0 | $0 |
| Dividends Paid | -$643.11M | -$689.87M | -$687.81M | -$685.02M | -$683.75M | -$688.9M | -$666.29M | -$587.63M | -$526.58M | -$671.63M | -$1.23B | -$840.26M | -$451.12M | -$372.9M | -$332.6M | -$324.69M | -$357.33M | -$1.24B | -$1.14B | -$391.61M | -$702.99M | -$342.81M | -$313.81M | -$297.33M | -$276.54M | -$209.72M | -$181.49M | -$127.31M | -$17.03M |
| Other Financing Activities | -$118.56M | $284.78M | $137.63M | -$85.87M | -$284.8M | -$61.01M | -$262.99M | -$82.5M | -$65.82M | -$59.91M | -$278.74M | $1.51B | $657.8M | -$14.39M | -$2.01M | -$3.37M | -$13.86M | $12.36M | -$35.69M | $522.42M | $39.05M | -$4.84M | $58.04M | -$7.36M | $10.8M | $610.81M | -$93.08M | -$2.41M | -$58.62M |
| Net Cash from Financing | -$419.23M | -$274.48M | $767.92M | $556.06M | -$1.31B | $484.32M | -$113.38M | $35.75M | $55.35M | -$74.62M | -$1.56B | -$632.49M | $1.08B | -$146.15M | $828.03M | -$184.6M | $1.04B | -$510.64M | -$425.18M | -$293.44M | -$806.7M | -$41.83M | -$618.36M | $537.11M | $701.33M | $502.62M | $354.23M | $1.96B | $512.59M |
| 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 |
| Net Change in Cash | $222.07M | -$277.37M | $875.75M | $235.65M | -$1.22B | $1.03B | $52.7M | $133.82M | $77.85M | -$366.8M | -$1.04B | -$602.06M | $1.32B | -$781.23M | $1.34B | -$969.99M | $1.21B | -$1.27B | $781.13M | $464.29M | $22.15M | $216.66M | -$32.59M | -$42.79M | -$182.89M | $268.92M | -$131K | -$5.39M | $19.07M |
| Supplementary Data | |||||||||||||||||||||||||||||
| Operating Cash Flow | $1.25B | $1.23B | $1.3B | $1.28B | $1.13B | $1.16B | $1.18B | $1.15B | $907.45M | $1.04B | $799.41M | $695.55M | $777.93M | $642.95M | $606.33M | $375.89M | $617.38M | $560.91M | $629.38M | $527.98M | $472.25M | $429.51M | $488.27M | $437.38M | $419.4M | $339.66M | $303.37M | $215.29M | $59.07M |
| Capital Expenditure | -$555.5M | -$447.98M | -$482.35M | -$398.09M | -$13.61M | -$2.55M | -$432.39M | -$399.81M | -$427.81M | -$812.43M | $0 | $0 | $0 | $0 | -$446M | -$860.52M | -$442.84M | -$575.97M | -$1.13B | -$642.02M | -$394.76M | -$277.68M | -$422.27M | -$1.43B | -$1.32B | -$604.16M | -$663.84M | -$1.7B | -$554.61M |
| Free Cash Flow | $689.66M | $786.52M | $819.17M | $884.31M | $1.12B | $1.15B | $748.78M | $750.44M | $479.63M | $224.44M | $799.41M | $695.55M | $777.93M | $642.95M | $160.33M | -$484.63M | $174.53M | -$15.07M | -$503.22M | -$114.05M | $77.49M | $151.82M | $66M | -$994.92M | -$903.16M | -$264.5M | -$360.48M | -$1.48B | -$495.54M |
| Cash at Beginning | $1.34B | $1.61B | $736.81M | $501.16M | $1.72B | $691.89M | $639.19M | $505.37M | $356.91M | $723.72M | $1.76B | $2.37B | $1.04B | $1.82B | $478.95M | $1.45B | $241.51M | $1.51B | $725.79M | $261.5M | $239.34M | $22.69M | $55.27M | $98.07M | $280.96M | $12.04M | $12.17M | $17.56M | $9M |
| Cash at End | $1.56B | $1.34B | $1.61B | $736.81M | $501.16M | $1.72B | $691.89M | $639.19M | $434.77M | $356.91M | $723.72M | $1.76B | $2.37B | $1.04B | $1.82B | $478.95M | $1.45B | $241.51M | $1.51B | $725.79M | $261.5M | $239.34M | $22.69M | $55.27M | $98.07M | $280.96M | $12.04M | $12.17M | $28.07M |