Emergent BioSolutions Inc. (EBS)
Emergent BioSolutions Inc. is a life sciences company dedicated to providing vital preparedness and response solutions for a wide range of public health threats (PHTs) across the United States. These threats encompass accidental, deliberate, and naturally occurring events, including chemical, biological, radiological, nuclear, and explosives (CBRNE) incidents, emerging infectious diseases, travel-related health risks, and acute emergency care situations. The company's current product portfolio features essential vaccines and treatments such as BioThrax for anthrax and ACAM2000 for smallpox. It also offers Botulism Antitoxin Heptavalent, vaccinia immune globulin intravenous to manage smallpox vaccine complications, and inhalational anthrax therapies like raxibacumab and Anthrasil. Other key offerings include reactive skin decontamination lotion kits, the Trobigard combination drug-device auto-injector, NARCAN nasal spray for emergency opioid overdose reversal, Vivotif, an oral typhoid fever vaccine, and Vaxchora, a single-dose oral cholera vaccine. Emergent is also actively engaged in developing a robust pipeline of future solutions. This includes AP003 (a multidose naloxone nasal spray), AP007 (a sustained-release nalmefene injection for opioid use disorder), AV7909 (an anthrax vaccine), CGRD-001 (a pralidoxime chloride/atropine auto-injector), CHIKV VLP (a chikungunya virus vaccine), COVID-HIG (for SARS-CoV2 treatment), EGRD-001 (a diazepam auto-injector), SIAN (a cyanide poisoning antidote), and UniFlu (a universal influenza vaccine). Furthermore, the company extends its expertise through comprehensive contract development and manufacturing services (CDMO). These services cover drug substance and product manufacturing, packaging, along with technology transfer and advanced process and analytical development. Emergent BioSolutions Inc., founded in 1998, is headquartered in Gaithersburg, Maryland.
Sector: Pharmaceutical Preparations
Industry: Drug Manufacturers - Specialty & Generic
Emergent BioSolutions Inc.
NYSE:EBSHealthcare · Biotechnology
-5.68%$6.81
AH$6.81+0.00%vs close
Mkt Cap$349.17M
Float50.3M
O/S51.27M
Vol
$ Vol
RVOL
Inst Own88.0%
SI19.3%
Earnings
Dilution
Financials Summary
Revenue$742.9M
Net Income$52.6M
Total Assets$1.32B
Free Cash Flow$156.8M
Debt & Equity
Debt 52%
Equity 48%
Total Debt$572.1M
Total Equity$522.6M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in EBS's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.32B
Liabilities$796M
Accounts Receivable$84.2M
Accounts Payable$55.6M
Inventory$343.4M
PP&E (Net)$205.4M
Goodwill$0
Intangible Assets$436.5M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $742.9M | $1.04B | $1.05B | $1.12B | $1.77B | $1.58B | $1.11B | $782.4M | $560.9M | $488.8M | $489.33M | $404.47M | $312.75M | $281.89M | $273.38M | $286.17M | $234.79M | $178.55M | $182.91M | $152.73M | $130.69M | $83.49M | $55.77M | $78.54M | $45.31M |
| YoY Growth | -28.8% | -0.5% | -6.1% | -37.0% | 12.4% | 42.6% | 41.4% | 39.5% | 14.8% | -0.1% | 21.0% | 29.3% | 10.9% | 3.1% | -4.5% | 21.9% | 31.5% | -2.4% | 19.8% | 16.9% | 56.5% | 49.7% | -29.0% | 73.3% | - |
| Cost of Revenue | $392.3M | $668.2M | $689.3M | $644.5M | $980.4M | $714.2M | $622.9M | $462M | $277.3M | $244M | $216.84M | $206.68M | $182.06M | $169.31M | $42.17M | $47.11M | $46.26M | $34.08M | $40.31M | $24.13M | $31.6M | $30.1M | $0 | $24.57M | $424.1M |
| Gross Profit | $350.6M | $375.4M | $360M | $473M | $793.2M | $863.1M | $483.1M | $320.4M | $283.6M | $244.8M | $272.49M | $197.78M | $130.69M | $112.58M | $231.21M | $239.06M | $188.52M | $144.47M | $142.61M | $128.61M | $99.08M | $53.39M | $55.77M | $53.97M | -$378.79M |
| Gross Margin | 47.2% | 36.0% | 34.3% | 42.3% | 44.7% | 54.7% | 43.7% | 41.0% | 50.6% | 50.1% | 55.7% | 48.9% | 41.8% | 39.9% | 84.6% | 83.5% | 80.3% | 80.9% | 78.0% | 84.2% | 75.8% | 63.9% | 100.0% | 68.7% | -836.0% |
| Research and Development | $53.8M | $70.7M | $111.4M | $188.3M | $235.2M | $237.9M | $226.2M | $142.8M | $97.4M | $106.9M | $119.19M | $104.72M | $119.93M | $129.83M | $124.83M | $89.3M | $74.59M | $59.47M | $53.96M | $45.5M | $18.38M | $10.12M | $0 | $2.81M | $193M |
| Selling, General, and Administrative | $186.6M | $298.7M | $356.7M | $339.5M | $348.7M | $304.1M | $273.5M | $202.5M | $142.9M | $143.1M | $121.14M | $108.59M | $84.58M | $76.02M | $74.28M | $76.2M | $73.79M | $55.08M | $55.55M | $44.6M | $42.79M | $30.32M | $0 | $13.4M | $340.3M |
| Other | $0 | $114.7M | $618.3M | $115.2M | -$132.1M | -$117.4M | -$130.7M | -$114.7M | -$81M | -$110.7M | -$109.36M | -$104.72M | -$116.63M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$10M | $0 | $0 | $0 | $336.2M |
| Total Operating Expenses | $240.4M | $484.1M | $1.09B | $643M | $451.8M | $424.6M | $369M | $230.6M | $159.3M | $139.3M | $130.97M | $108.59M | $87.88M | $80.64M | $199.11M | $165.5M | $148.37M | $114.55M | $109.51M | $90.1M | $51.17M | $40.44M | $0 | $16.2M | $869.5M |
| Operating Income (EBIT) | $110.2M | -$108.7M | -$726.4M | -$170M | $341.4M | $438.5M | $114.1M | $89.8M | $124.3M | $105.5M | $141.51M | $89.19M | $42.8M | $36.56M | $32.1M | $73.56M | $40.15M | $29.93M | $33.09M | $38.03M | $21.34M | $16.77M | $55.77M | $37.77M | -$364K |
| Operating Margin | 14.8% | -10.4% | -69.2% | -15.2% | 19.2% | 27.8% | 10.3% | 11.5% | 22.2% | 21.6% | 28.9% | 22.1% | 13.7% | 13.0% | 11.7% | 25.7% | 17.1% | 16.8% | 18.1% | 24.9% | 16.3% | 20.1% | 100.0% | 48.1% | -0.8% |
| Interest Expense | $59.3M | $71M | $87.9M | $37.3M | $34.5M | $31.3M | $38.4M | $9.9M | $6.59M | $7.62M | $6.52M | $8.24M | $0 | $6K | $0 | $0 | $7K | $47K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.75M | $1.05M | $572K | $320K | $139K | $134K | $105K | $832K | $1.42M | $2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$27.4M | -$34.2M | -$4.8M | -$49M | -$38.2M | -$26.6M | -$36.7M | -$8.3M | -$5.7M | -$6.3M | -$5.8M | -$4.99M | $565K | -$4.5M | -$156K | -$191K | $1.36M | $2.09M | $2.89M | -$490K | -$16.8M | -$170K | -$55.77M | -$642K | -$190K |
| Income Before Tax (EBT) | $82.8M | -$142.9M | -$731.2M | -$219M | $303.2M | $411.9M | $77.4M | $81.5M | $118.6M | $99.2M | $135.72M | $84.19M | $43.37M | $32.06M | $31.94M | $73.37M | $41.51M | $32.74M | $35.99M | $38.02M | $21.11M | $16.6M | $0 | $37.13M | -$554K |
| Income Tax Expense | $30.2M | $47.7M | $29.3M | -$7.4M | $83.7M | $106.1M | $22.9M | $18.8M | $36M | $36.7M | $44.3M | $29.93M | $13.11M | $13.92M | $15.83M | $26.18M | $14.97M | $12.05M | $13.05M | $15.22M | $5.33M | $5.13M | -$4.45M | $733K | $0 |
| Net Income | $52.6M | -$190.6M | -$760.5M | -$211.6M | $219.5M | $305.8M | $54.5M | $62.7M | $82.6M | $51.8M | $62.87M | $36.74M | $31.14M | $23.52M | $23.02M | $51.7M | $31.14M | $20.68M | $22.94M | $22.79M | $15.78M | $11.47M | $4.45M | $36.39M | -$554K |
| Net Income Margin | 7.1% | -18.3% | -72.5% | -18.9% | 12.4% | 19.4% | 4.9% | 8.0% | 14.7% | 10.6% | 12.8% | 9.1% | 10.0% | 8.3% | 8.4% | 18.1% | 13.3% | 11.6% | 12.5% | 14.9% | 12.1% | 13.7% | 8.0% | 46.3% | -1.2% |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | 0.98 | -3.60 | -14.85 | -4.22 | 4.10 | 5.79 | 1.06 | 1.25 | 1.98 | 1.29 | 1.63 | 0.98 | 0.86 | 0.65 | 0.65 | 1.63 | 1.02 | 0.69 | 0.79 | 0.99 | 0.77 | 0.61 | 0.24 | 1.97 | -0.03 |
| Diluted EPS | 0.93 | -3.60 | -14.85 | -4.22 | 4.06 | 5.67 | 1.04 | 1.22 | 1.71 | 1.13 | 1.41 | 0.88 | 0.85 | 0.65 | 0.64 | 1.59 | 0.99 | 0.68 | 0.77 | 0.93 | 0.69 | 0.56 | 0.22 | 1.75 | -0.03 |
| Weighted Average OS | 53.50M | 53.00M | 51.20M | 50.10M | 53.50M | 52.70M | 51.50M | 50.10M | 41.82M | 40.18M | 38.60M | 37.34M | 36.20M | 36.08M | 35.66M | 31.78M | 30.44M | 29.84M | 29.00M | 23.04M | 20.53M | 18.92M | 18.90M | 18.47M | 18.47M |
| EBITDA | $237.9M | $56.6M | -$43M | $34M | $509.8M | $613.7M | $261.6M | $155.1M | $174.7M | $132.9M | $186.68M | $121.64M | $65.06M | $47.76M | $41.3M | $79.36M | $46.52M | $37.02M | $37.91M | $43.88M | $25.43M | $18.71M | $55.77M | $37.77M | $45.31M |
| EBITDA Margin | 32.0% | 5.4% | -4.1% | 3.0% | 28.7% | 38.9% | 23.7% | 19.8% | 31.1% | 27.2% | 38.1% | 30.1% | 20.8% | 16.9% | 15.1% | 27.7% | 19.8% | 20.7% | 20.7% | 28.7% | 19.5% | 22.4% | 100.0% | 48.1% | 100.0% |
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 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 2002-12-31 | 2001-12-31 |
| Assets | ||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||
| Cash and Cash Equivalents | $205.4M | $99.5M | $111.7M | $642.6M | $576.3M | $621.3M | $168M | $112.2M | $178.29M | $271.51M | $312.8M | $280.5M | $179.34M | $141.67M | $143.9M | $169.02M | $102.92M | $91.47M | $105.73M | $76.42M | $36.29M | $6.82M | $4.89M | $5.85M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.97M | $2.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $205.4M | $99.5M | $111.7M | $642.6M | $576.3M | $621.3M | $168M | $112.2M | $178.29M | $271.51M | $312.8M | $280.5M | $179.34M | $141.67M | $145.87M | $171.05M | $102.92M | $91.47M | $105.73M | $76.42M | $36.29M | $6.82M | $4.89M | $5.85M |
| Accounts Receivable | $84.2M | $154.5M | $191M | $159.2M | $278.9M | $230.9M | $275.3M | $262.5M | $146.1M | $148.47M | $120.48M | $60.19M | $66.24M | $96.04M | $83.66M | $48.05M | $67.45M | $24.86M | $18.82M | $44.2M | $3.29M | $18.64M | $0 | $230.9M |
| Inventory | $343.4M | $311.7M | $328.9M | $350.7M | $344.5M | $307M | $222.5M | $205.8M | $142.81M | $74M | $76.94M | $65.67M | $14.64M | $15.16M | $14.66M | $12.72M | $13.52M | $19.73M | $16.9M | $24.72M | $16.44M | $13.25M | $0 | $307M |
| Other Current Assets | $29.5M | $33M | $47.9M | $57.9M | $70.2M | $2.2M | $20.4M | $200K | $1M | $0 | $29.28M | $1.71M | $0 | $1.26M | $1.96M | $2.85M | $2.08M | $208K | $0 | $295K | $1.99M | $2.23M | $0 | $36.7M |
| Total Current Assets | $662.5M | $598.7M | $679.5M | $1.21B | $1.27B | $1.2B | $686.2M | $620.8M | $485.39M | $510.22M | $538.61M | $432.18M | $273.12M | $263.35M | $254.42M | $243.49M | $193.81M | $152.68M | $144.31M | $147.34M | $59.12M | $41.7M | $4.89M | $1.2B |
| Long-Term Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment Net | $205.4M | $270.6M | $399M | $837M | $828.4M | $675.1M | $567M | $510.2M | $407.21M | $376.45M | $331.86M | $313.98M | $264.24M | $241.76M | $208.97M | $152.7M | $131.83M | $124.66M | $110.22M | $78.17M | $30.64M | $27.27M | $0 | $644.1M |
| Goodwill | $0 | $0 | $0 | $218.2M | $224.9M | $266.7M | $266.6M | $259.7M | $49.13M | $41M | $54.9M | $41.98M | $13.95M | $5.5M | $5.5M | $5.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $266.7M |
| Intangible Assets | $436.5M | $501.5M | $566.6M | $728.8M | $604.6M | $663.1M | $741.9M | $811.6M | $119.6M | $33.87M | $99.88M | $136.14M | $71.95M | $41.8M | $51.4M | $51.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $663.1M |
| Long-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 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $13.4M | $13.4M | $2.83M | $6.1M | $11.29M | $12.76M | $0 | $11.09M | $14M | $33.76M | $3.89M | $12.07M | $12.4M | $11.48M | $9.98M | $24K | $0 | $0 |
| Other Long-Term Assets | $14.2M | $18.9M | $178.1M | $171.9M | $29.9M | $82.4M | $52.2M | $13.7M | $6.05M | $2.48M | $7.06M | $8.22M | $3.37M | $730K | $12.57M | $13.94M | $15.15M | $1.38M | $6.58M | $1.27M | $590K | $68K | $0 | $113.4M |
| Total Long-Term Assets | $656.1M | $791M | $1.14B | $1.96B | $1.69B | $1.69B | $1.64B | $1.61B | $584.82M | $459.89M | $504.98M | $513.09M | $353.51M | $300.88M | $292.45M | $256.83M | $150.88M | $138.11M | $129.2M | $90.92M | $41.22M | $27.36M | $0 | $1.69B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22.79M | -$2.86B |
| Total Assets | $1.32B | $1.39B | $1.82B | $3.17B | $2.96B | $2.88B | $2.33B | $2.23B | $1.07B | $970.11M | $1.04B | $945.26M | $626.63M | $564.23M | $546.86M | $500.32M | $344.69M | $290.79M | $273.51M | $238.25M | $100.33M | $69.06M | $22.79M | $25.42M |
| Liabilities | ||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||
| Accounts Payable | $55.6M | $60.9M | $112.2M | $103.5M | $128.9M | $136.1M | $94.8M | $80.7M | $41.8M | $34.65M | $37.97M | $40.93M | $27.52M | $31.3M | $40.53M | $25.41M | $17.16M | $18.25M | $17.98M | $27.37M | $10.43M | $5.52M | $0 | $0 |
| Short-Term Debt | $0 | $2.7M | $413.7M | $963.1M | $37.4M | $39.5M | $16.4M | $10.1M | $0 | $20M | $0 | $0 | $0 | $4.47M | $5.36M | $17.19M | $20.79M | $21.25M | $15.35M | $11.4M | $1.41M | $1.05M | $0 | $33.8M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.5M | $12.5M | $0 | $0 | $0 | $0 | $115K | $0 | $0 | $0 | $951K | $7.67M | $13.7M | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $26.4M | $11.7M | $0 | $0 | $10.6M | $13.23M | $7.04M | $7.94M | $5.34M | $1.83M | $1.81M | $1.36M | $7.84M | $255K | $232K | $902K | $1.43M | $7.34M | $18.26M | $0 | $0 |
| Other Current Liabilities | $76.6M | $81.1M | $106.8M | $48.6M | $107.3M | $72M | $42.7M | $36.3M | $7.2M | $9.63M | $25.66M | $15.01M | $2.59M | $1.49M | $22.63M | $1.31M | $1.57M | $1.4M | $7.88M | $16.96M | $4.74M | $5.65M | $0 | $214.6M |
| Total Current Liabilities | $132.2M | $162.4M | $651.3M | $1.23B | $374M | $384.5M | $216.3M | $200.4M | $100.07M | $105.86M | $99.61M | $92.94M | $56.65M | $61.91M | $71.05M | $75.72M | $54.7M | $54.02M | $55.66M | $64.35M | $30.09M | $34.19M | $0 | $384.5M |
| Long-Term Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | $572.1M | $663.7M | $446.5M | $448.5M | $809.4M | $850.3M | $798.4M | $784.5M | $13.5M | $248.09M | $246.89M | $251M | $62M | $58.3M | $54.09M | $30.24M | $44.93M | $35.94M | $42.59M | $31.37M | $10.5M | $11.82M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $4.7M | $0 | $85.6M | $62.5M | $17.26M | $8.43M | $6.59M | $5.71M | $0 | $0 | $0 | $4.39M | $0 | -$557K | $2.47M | $3M | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $37.8M | $41.7M | $47.2M | $59.7M | $93.3M | $0 | $63.9M | $67.5M | $12.5M | $0 | $0 | $0 | $1.42M | $0 | $0 | $0 | $0 | $557K | $211K | -$3M | $0 | $0 | $0 | $53.2M |
| Other Long-Term Liabilities | $53.9M | $29.4M | $28.9M | $26.7M | $40.6M | $173.6M | $52.5M | $103.6M | $44.3M | $11.52M | $30.96M | $42.41M | $18.81M | $1.89M | $4.99M | $16.41M | $1.25M | $1.48M | $1.42M | $1.07M | $0 | $100K | $0 | -$53.2M |
| Total Long-Term Liabilities | $663.8M | $744.5M | $522.6M | $549.7M | $972.2M | $1.05B | $1.02B | $1.02B | $57.79M | $268.05M | $283.96M | $299.13M | $80.81M | $60.2M | $59.08M | $51.04M | $46.17M | $37.42M | $46.69M | $35.44M | $10.5M | $11.92M | $0 | $1.05B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.64M | -$1.38B |
| Total Liabilities | $796M | $906.9M | $1.17B | $1.78B | $1.35B | $1.44B | $1.24B | $1.22B | $157.86M | $373.91M | $383.57M | $392.06M | $137.47M | $122.1M | $130.14M | $126.76M | $100.87M | $91.44M | $102.35M | $99.78M | $40.59M | $46.11M | $18.64M | $57.72M |
| 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 |
| Common Stock | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $100K | $50K | $41K | $40K | $38K | $37K | $36K | $36K | $35K | $31K | $30K | $30K | $28K | $22K | $19K | $0 | $100K |
| Retained Earnings | -$159.8M | -$212.4M | -$21.8M | $738.7M | $950.3M | $726.9M | $421.8M | $367.3M | $337.07M | $254.48M | $351.14M | $288.27M | $251.53M | $220.39M | $196.87M | $173.85M | $122.15M | $91.01M | $70.33M | $48M | $25.4M | $15.32M | $0 | $726.9M |
| Comprehensive Income & Other | -$7.5M | -$5.2M | -$5.7M | $3.1M | -$16.1M | -$25.3M | -$9.9M | -$5.5M | -$3.7M | -$4.33M | -$2.71M | -$3.01M | -$3.46M | -$4.13M | -$3.31M | -$2.11M | -$1.48M | -$859K | -$1.13M | -$473K | -$276K | -$5.66M | $0 | $0 |
| Other Stockholders' Equity | $682.3M | $695.1M | $671M | $648.9M | $661.1M | $720M | $666.6M | $643.5M | $575.22M | $341.68M | $308.84M | $264.89M | $238.05M | $220.93M | $217.34M | $195.58M | $119.02M | $108.31M | $100.8M | $90.45M | $34.32M | $7.61M | $4.16M | -$759.29M |
| Total Equity | $522.6M | $482.8M | $649.3M | $1.39B | $1.61B | $1.45B | $1.09B | $1.01B | $912.35M | $596.21M | $660.02M | $553.2M | $489.62M | $441.36M | $414.25M | $369.46M | $241.2M | $199.35M | $171.16M | $138.47M | $59.74M | $22.95M | $4.16M | -$32.3M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$453K | $770K | $2.48M | $4.1M | $2.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.32B | $1.39B | $1.82B | $3.17B | $2.96B | $2.88B | $2.33B | $2.23B | $1.07B | $970.11M | $1.04B | $945.26M | $627.08M | $563.46M | $544.38M | $496.22M | $342.07M | $290.79M | $273.51M | $238.25M | $100.33M | $69.06M | $22.79M | $25.42M |
| Supplementary Data | ||||||||||||||||||||||||
| Total Debt | $572.1M | $676.1M | $860.2M | $1.43B | $871M | $923M | $836.9M | $794.6M | $13.46M | $268.09M | $253M | $251M | $62M | $62.77M | $59.45M | $47.43M | $65.72M | $57.18M | $57.93M | $42.77M | $11.91M | $12.87M | $0 | $33.8M |
| Net Debt | $366.7M | $576.6M | $748.5M | $783.8M | $294.7M | $301.7M | $668.9M | $682.4M | -$164.84M | -$3.42M | -$59.8M | -$29.5M | -$117.34M | -$78.89M | -$84.45M | -$121.59M | -$37.21M | -$34.29M | -$47.8M | -$33.65M | -$24.38M | $6.05M | -$4.89M | $27.95M |
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 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 | 2001-12-31 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | $52.6M | -$190.6M | -$760.5M | -$211.6M | $230.9M | $305.8M | $54.5M | $62.7M | $82.59M | $51.78M | $62.87M | $36.74M | $30.26M | $18.14M | $16.11M | $47.18M | $26.55M | $20.68M | $22.94M | $22.79M | $15.78M | $11.47M | $230.9M |
| Depreciation & Amortization | $95.8M | $108.8M | $125.1M | $143.3M | $123.8M | $114.5M | $110.7M | $62.2M | $42.6M | $38.2M | $35.34M | $32.45M | $18.96M | $11.2M | $9.36M | $5.99M | $5M | $4.96M | $4.82M | $4.71M | $3.55M | $1.87M | $123.8M |
| Deferred Income Tax | -$4M | -$5.5M | -$8.9M | -$28.6M | $46.9M | -$3.3M | -$1.1M | $8.6M | $3.26M | $5.19M | $3.46M | $16.49M | $13.86M | $3.38M | $20.19M | $10.93M | $7.6M | $2.01M | $5.59M | $987K | -$10.97M | -$418K | $46.9M |
| Stock-Based Compensation | $16.2M | $18M | $23.1M | $45.1M | $42.4M | $51.8M | $26.7M | $23.2M | $15.21M | $18.48M | $15.85M | $12.83M | $11.24M | $11.12M | $10.74M | $7.06M | $5.01M | $2.51M | $0 | $723K | $0 | $0 | $42.4M |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | $25.5M | -$24.4M | -$21.6M | $118.1M | -$48.2M | $27.5M | -$8.2M | -$94.2M | -$4.81M | -$22.45M | -$64.35M | $21.41M | $35.46M | -$21.89M | -$34.87M | $19.09M | -$30.02M | -$6.04M | $0 | -$40.8M | $0 | $0 | -$48.2M |
| Inventory | -$30.3M | -$24.5M | $600K | -$57.1M | -$44M | -$66.9M | -$16.7M | -$1.9M | $6.07M | -$9.03M | -$11.26M | $4.23M | $518K | -$500K | -$1.94M | $799K | $6.21M | -$2.83M | $7.83M | -$8.28M | -$3.19M | -$1.61M | -$44M |
| Accounts Payable | -$8.4M | -$33M | $10.6M | -$14M | -$2.5M | $28.3M | $16.5M | -$7M | $16.13M | -$14.79M | $4.75M | -$9.28M | -$551K | $274K | $2.51M | $3.62M | -$1.33M | -$457K | $0 | $5.8M | $0 | $0 | -$2.5M |
| Other Working Capital | -$9.2M | $170.6M | -$59.9M | -$49.1M | -$61.7M | $20.6M | -$34M | -$16M | $36.33M | $813K | $4.96M | -$2.81M | -$11.28M | $9.28M | -$12.18M | -$1.65M | -$1.25M | -$12.05M | $17.72M | $10.29M | $10.48M | -$2.85M | $94.7M |
| Total Working Capital Change | -$22.4M | $88.7M | -$70.3M | -$2.1M | -$156.4M | $9.5M | -$42.4M | -$119.1M | $53.72M | -$45.45M | -$65.9M | $13.54M | $24.14M | -$12.83M | -$46.48M | $21.87M | -$26.4M | -$21.37M | $25.54M | -$32.99M | $7.29M | -$4.46M | -$94.7M |
| Other Non-Cash Items | $32.4M | $39.3M | $485.2M | $19.8M | $33.5M | $58.6M | $39.6M | $4.2M | $10.75M | -$14.71M | -$7.15M | $261K | -$1.49M | $8.64M | $4.68M | $6.51M | $12.75M | -$1.47M | -$3.46M | -$285K | -$17K | $491K | -$28.2M |
| Net Cash from Operating | $170.6M | $58.7M | -$206.3M | -$34.1M | $321.1M | $536.9M | $188M | $41.8M | $208.14M | $53.49M | $44.46M | $112.32M | $96.97M | $39.64M | $14.59M | $99.54M | $30.51M | $7.32M | $55.45M | -$4.06M | $42.25M | $9.2M | $321.1M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | -$13.8M | -$22.9M | -$51.6M | -$115.8M | -$225M | -$141.9M | -$86.9M | -$72.1M | -$54.83M | -$76.26M | -$44.81M | -$30.67M | -$42.02M | -$53.84M | -$54.03M | -$22.1M | -$33.29M | -$20.81M | -$43.97M | -$41.23M | -$6.53M | -$17.07M | -$225M |
| Acquisitions | $0 | $110.2M | $270.2M | $0 | $0 | $0 | $0 | -$827.7M | -$195.1M | $0 | -$650K | -$179.38M | -$25.87M | $0 | $0 | -$17.87M | $0 | $0 | $0 | -$218K | -$559K | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.19M | -$16.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.97M | $4.25M | $16.52M | $0 | $0 | $0 | $0 | $0 | $147K | $0 |
| Other Investing Activities | $83.2M | $37.9M | -$6.3M | -$265.5M | $0 | -$10M | -$10M | $2.6M | -$195.1M | $0 | $0 | $0 | -$67.89M | $11.77M | $0 | $16.52M | $0 | -$10M | -$43.97M | -$192K | $1.25M | -$1.25M | $0 |
| Net Cash from Investing | $69.4M | $125.2M | $212.3M | -$381.3M | -$225M | -$151.9M | -$96.9M | -$897.2M | -$249.93M | -$76.26M | -$45.46M | -$210.05M | -$67.89M | -$40.11M | -$53.96M | -$23.46M | -$33.29M | -$30.81M | -$43.97M | -$41.64M | -$5.84M | -$18.18M | -$225M |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | $112.5M | $198.4M | $543.4M | -$564.2M | $35.9M | -$435.9M | $11.3M | -$447.2M | $20M | - | -$2M | -$180.59M | $774K | -$3.32M | -$12.03M | $18.29M | -$8.54M | $751K | -$15.03M | -$30.86M | $1.08M | -$10.81M | - |
| Common Stock Issuance | $2.2M | $9.3M | $8.4M | $0 | $0 | $0 | $0 | $0 | $0 | $17.13M | $0 | $0 | $0 | $0 | $10.03M | $7.24M | $4.46M | $3.39M | $2.47M | $54.82M | $33K | $12K | $0 |
| Common Stock Repurchases | -$24.9M | $0 | $0 | -$82.1M | -$106M | $0 | $0 | -$100K | -$33.1M | -$1.1M | -$100K | -$200K | -$213K | -$5.91M | $0 | $61.2M | $0 | $0 | $0 | -$192K | -$337K | -$665K | -$106M |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5.4M | $0 | $0 |
| Other Financing Activities | -$1.4M | -$900K | -$700K | -$900K | $900K | $6.6M | -$49.6M | -$6.4M | -$17.6M | -$18.64M | $31.55M | $18.49M | $9.6M | $821K | $2.22M | $1.7M | $1.84M | $6.33M | $995K | $789K | $0 | -$2.42M | -$141M |
| Net Cash from Financing | -$136.6M | -$190M | -$535.7M | $481.2M | -$141M | $69.5M | -$35.9M | $788.7M | -$51.4M | -$18.64M | $33.45M | $198.87M | $8.61M | -$1.76M | $14.25M | -$9.36M | $14.84M | $8.97M | $18.49M | $86.02M | -$6.66M | $8.68M | -$141M |
| Forex Effect | $100K | $0 | -$1.2M | $500K | -$300K | -$1M | $400K | -$200K | -$27K | $129K | -$150K | $21K | -$14K | $1K | $1K | -$634K | -$617K | $271K | -$657K | -$197K | -$276K | $0 | -$300K |
| Net Change in Cash | $103.5M | -$6.1M | -$530.9M | $66.3M | -$45.2M | $453.5M | $55.6M | -$66.9M | -$93.22M | -$41.28M | $32.3M | $101.16M | $37.67M | -$2.23M | -$25.12M | $66.09M | $11.45M | -$14.26M | $29.31M | $40.12M | $29.47M | -$298K | -$45.2M |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | $170.6M | $58.7M | -$206.3M | -$34.1M | $321.1M | $536.9M | $188M | $41.8M | $208.14M | $53.49M | $44.46M | $112.32M | $96.97M | $39.64M | $14.59M | $99.54M | $30.51M | $7.32M | $55.45M | -$4.06M | $42.25M | $9.2M | $321.1M |
| Capital Expenditure | -$13.8M | -$22.9M | -$51.6M | -$115.8M | -$225M | -$141.9M | -$86.9M | -$72.1M | -$54.83M | -$76.26M | -$44.81M | -$30.67M | -$42.02M | -$53.84M | -$54.03M | -$22.1M | -$33.29M | -$20.81M | -$43.97M | -$41.23M | -$6.53M | -$17.07M | -$225M |
| Free Cash Flow | $156.8M | $35.8M | -$257.9M | -$149.9M | $96.1M | $395M | $101.1M | -$30.3M | $153.31M | -$22.77M | -$353K | $81.64M | $54.95M | -$14.2M | -$39.43M | $77.44M | -$2.78M | -$13.5M | $11.48M | -$45.29M | $35.72M | -$7.88M | $96.1M |
| Cash at Beginning | $105.6M | $111.7M | $642.6M | $576.3M | $621.5M | $168M | $112.4M | $179.3M | $271.51M | $312.8M | $280.5M | $179.34M | $141.67M | $143.9M | $169.02M | $102.92M | $91.47M | $105.73M | $76.42M | $36.29M | $6.82M | $7.12M | $621.5M |
| Cash at End | $209.1M | $105.6M | $111.7M | $642.6M | $576.3M | $621.5M | $168M | $112.4M | $178.29M | $271.51M | $312.8M | $280.5M | $179.34M | $141.67M | $143.9M | $169.02M | $102.92M | $91.47M | $105.73M | $76.42M | $36.29M | $6.82M | $576.3M |