Frontline plc (FRO)
Frontline plc, a shipping company, engages in the ownership and operation of oil and product tankers worldwide. The company owns and operates oil and product tankers, such as very large crude carriers (VLCCs), Suezmax tankers, and LR2/Aframax tankers. As of December 31, 2025, it operated a fleet of 80 vessels, including 41 VLCCs, 21 Suezmax tankers, and 18 LR2/Aframax tankers. The company is also involved in the charter, purchase, and sale of vessels. Frontline plc was founded in 1985 and is based in Limassol, Cyprus.
Sector: Deep Sea Foreign Transportation of Freight
Industry: Marine Shipping
Frontline Plc
NYSE:FROIndustrials · Marine Shipping
+3.36%$52.94
AH Close$53.12+0.33%vs close
AH Close$53.12+0.33%vs close
Mkt Cap$11.79B
Float201.81M
O/S222.62M
Inst Own35.0%
SI4.5%
Div Yield11.67%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.97B
Net Income$379.08M
Total Assets$5.75B
Free Cash Flow$669.93M
Debt & Equity
Debt 55%
Equity 45%
Total Debt$3.07B
Total Equity$2.51B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in FRO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$5.75B
Liabilities$3.24B
Accounts Receivable$147.09M
Accounts Payable$10.61M
Inventory$0
PP&E (Net)$4.91B
Goodwill$112.45M
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 | FY 1996 | FY 1995 | FY 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 | 1994-12-31 |
| Revenue | $1.97B | $2.05B | $1.8B | $1.43B | $749.38M | $1.22B | $957.32M | $742.27M | $646.33M | $754.31M | $458.93M | $241.83M | $517.19M | $578.36M | $723.5M | $1.17B | $1.12B | $2.25B | $1.42B | $1.56B | $1.5B | $1.84B | $1.16B | $551.6M | $714.61M | $599.94M | $253.21M | $203.86M | $259.7M | $178.2M | $33.5M | $29.2M |
| YoY Growth | -4.2% | 13.8% | 26.0% | 90.9% | -38.6% | 27.6% | 29.0% | 14.8% | -14.3% | 64.4% | 89.8% | -53.2% | -10.6% | -20.1% | -37.9% | 4.4% | -50.3% | 58.4% | -9.0% | 4.2% | -18.8% | 58.9% | 110.2% | -22.8% | 19.1% | 136.9% | 24.2% | -21.5% | 45.7% | 431.9% | 14.7% | - |
| Cost of Revenue | $1.32B | $1.34B | $1.03B | $945.88M | $722.15M | $684.49M | $678.81M | $652.21M | $556.51M | $490.05M | $270.06M | $185.16M | $513.59M | $533.12M | $692.15M | $825.79M | $595.26M | $805.95M | $605.58M | $620.88M | $496.2M | $531.3M | $519.24M | $304.99M | $246.44M | $122.81M | $0 | $0 | $62.3M | $67.7M | $11.9M | $9.9M |
| Gross Profit | $644.05M | $705.68M | $776.11M | $484.33M | $27.23M | $536.7M | $278.51M | $90.06M | $89.81M | $264.26M | $188.88M | $56.67M | $3.6M | $45.24M | $31.35M | $339.43M | $520.96M | $1.44B | $812.52M | $962.99M | $999.78M | $1.31B | $640.2M | $246.6M | $468.17M | $477.14M | $0 | $0 | $197.4M | $110.5M | $21.6M | $19.3M |
| Gross Margin | 32.8% | 34.4% | 43.1% | 33.9% | 3.6% | 43.9% | 29.1% | 12.1% | 13.9% | 35.0% | 41.2% | 23.4% | 0.7% | 7.8% | 4.3% | 29.1% | 46.7% | 64.1% | 57.3% | 61.8% | 66.8% | 71.2% | 55.2% | 44.7% | 65.5% | 79.5% | - | - | 76.0% | 62.0% | 64.5% | 66.1% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $51.37M | $36.09M | $53.53M | $47.37M | $26.42M | $58.81M | $45.02M | $37.29M | $37.6M | $37.03M | $10.58M | $4.94M | $31.63M | $56.36M | $35.89M | $62.45M | $63.66M | $366.36M | $36.41M | $32.14M | $21.05M | $25.6M | $21M | $12.81M | $13.01M | $9.33M | $11.78M | $7.76M | $85M | $77.8M | $4.4M | $3.6M |
| Other | $0 | -$112.12M | -$24.08M | -$8.66M | -$7.67M | -$29.9M | -$6.03M | -$29.94M | $248.48M | $49.75M | -$108.92M | -$68.99M | $72.41M | -$30.03M | $402.25M | -$30.93M | $234.25M | $223.52M | $256.92M | $101.95M | $120.59M | $160.92M | $138.22M | $141.76M | $80.69M | $0 | $124.43M | $70.47M | $112.4M | $32.7M | $17.2M | $15.7M |
| Total Operating Expenses | $51.37M | -$76.03M | $29.45M | $38.71M | $18.76M | $28.9M | $38.99M | $7.35M | $286.08M | $86.78M | -$98.34M | -$64.05M | $104.03M | $26.33M | $438.13M | $31.51M | $297.92M | $589.88M | $293.33M | $134.09M | $141.64M | $186.52M | $159.22M | $154.56M | $93.7M | $9.33M | $136.21M | $78.23M | $197.4M | $110.5M | $21.6M | $19.3M |
| Operating Income (EBIT) | $592.68M | $781.71M | $746.67M | $445.62M | $8.47M | $507.8M | $239.52M | $82.71M | -$196.27M | $177.48M | $287.22M | $120.71M | -$100.43M | $18.91M | -$406.78M | $307.91M | $223.04M | $850.48M | $519.19M | $803.4M | $858.14M | $1.13B | $480.98M | $92.04M | $374.47M | $467.81M | $117M | $125.63M | $55.4M | -$1.1M | $6.8M | $9.2M |
| Operating Margin | 30.2% | 38.1% | 41.4% | 31.2% | 1.1% | 41.6% | 25.0% | 11.1% | -30.4% | 23.5% | 62.6% | 49.9% | -19.4% | 3.3% | -56.2% | 26.4% | 20.0% | 37.9% | 36.6% | 51.6% | 57.4% | 61.1% | 41.5% | 16.7% | 52.4% | 78.0% | 46.2% | 61.6% | 21.3% | -0.6% | 20.3% | 31.5% |
| Interest Expense | $233.23M | $302.32M | $178.5M | $98.71M | $61.51M | $72.16M | $94.46M | $93.28M | $69.81M | $56.69M | $17.62M | $7.42M | $90.72M | $94.09M | $136.04M | $149.92M | $160.99M | $183.93M | $204.53M | $200.4M | $206.06M | $205.64M | $75.1M | $71.31M | $91.8M | $96.17M | $0 | $59.32M | $0 | $8.6M | $6.1M | $2.9M |
| Interest Income | $15.84M | $16.79M | $16.5M | $1.46M | $121K | $705K | $1.51M | $843K | $588K | $367K | $47K | $118K | $83K | $130K | $3.96M | $13.43M | $22.97M | $41.2M | $54.32M | $47.61M | $40.87M | $31.59M | $9.19M | $13.04M | $12.95M | $6.86M | $0 | $3M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$207.58M | -$278.46M | -$90.05M | $30.33M | -$18.8M | -$94.8M | -$99.23M | -$90.79M | -$67.76M | -$59.62M | -$31.68M | $16.7M | -$89.16M | -$89.76M | -$123.42M | -$143.69M | -$117.21M | -$149.22M | -$15.2M | -$142.07M | -$97.06M | -$154.17M | -$41.47M | -$84.89M | -$23.96M | -$153.9M | -$208.15M | -$93.75M | -$55.4M | $1.1M | -$6.8M | -$9.2M |
| Income Before Tax (EBT) | $385.1M | $503.25M | $656.62M | $475.95M | -$10.33M | $412.99M | $140.29M | -$8.08M | -$264.03M | $117.86M | $255.54M | $137.41M | -$189.59M | -$70.85M | -$530.21M | $164.22M | $105.83M | $701.26M | $503.99M | $661.33M | $761.08M | $970.94M | $439.52M | $7.15M | $350.51M | $313.91M | -$91.15M | $31.88M | $0 | $0 | $0 | $0 |
| Income Tax Expense | $6.02M | $7.67M | $205K | $412K | $4.63M | -$14K | $307K | $316K | $290K | $345K | $150K | $0 | $284K | $379K | $532K | $218K | $361K | $310K | $419K | $162K | -$19K | $178K | $3K | -$22K | $444K | $41K | -$9K | $30K | $0 | $0 | $0 | $0 |
| Net Income | $379.08M | $495.58M | $656.41M | $475.54M | -$14.96M | $412.88M | $139.97M | -$8.88M | -$264.86M | $117.01M | $154.62M | $149.47M | -$188.51M | -$82.75M | -$529.6M | $161.41M | $102.7M | $698.77M | $570.42M | $516M | $606.84M | $1.02B | $409.36M | -$8.9M | $382.73M | $313.87M | -$86.9M | $31.85M | $17.4M | -$14M | $1.8M | $8.4M |
| Net Income Margin | 19.3% | 24.2% | 36.4% | 33.2% | -2.0% | 33.8% | 14.6% | -1.2% | -41.0% | 15.5% | 33.7% | 61.8% | -36.4% | -14.3% | -73.2% | 13.9% | 9.2% | 31.1% | 40.2% | 33.1% | 40.6% | 55.5% | 35.3% | -1.6% | 53.6% | 52.3% | -34.3% | 15.6% | 6.7% | -7.9% | 5.4% | 28.8% |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| EPS | 1.70 | 2.23 | 2.95 | 2.22 | -0.06 | 2.11 | 0.81 | -0.05 | -1.56 | 0.75 | 1.29 | 1.19 | -11.82 | -5.31 | -34.01 | 10.35 | 6.60 | 45.75 | 38.10 | 34.50 | 40.55 | 68.95 | 27.35 | -0.58 | 24.95 | 21.40 | -8.80 | 1.75 | 1.89 | -0.91 | 0.55 | 0.27 |
| Diluted EPS | 1.70 | 2.23 | 2.95 | 2.22 | -0.06 | 2.09 | 0.78 | -0.05 | -1.56 | 0.75 | 1.29 | 1.19 | -11.82 | -5.31 | -34.01 | 10.05 | 6.60 | 45.70 | 38.10 | 34.50 | 40.55 | 61.05 | 27.35 | -0.58 | 24.90 | 21.35 | -8.80 | 1.75 | 1.89 | -0.91 | 0.55 | 0.27 |
| Weighted Average OS | 222.62M | 222.62M | 222.62M | 214.01M | 198.97M | 195.64M | 173.58M | 169.81M | 169.78M | 156.97M | 120.08M | 125.19M | 15.95M | 15.57M | 15.57M | 15.57M | 15.57M | 15.27M | 14.96M | 14.96M | 14.96M | 14.84M | 14.98M | 15.29M | 15.34M | 14.67M | 9.87M | 15.39M | 15.39M | 15.39M | 15.39M | 15.39M |
| EBITDA | $946.8M | $1.14B | $1.07B | $739.83M | $211.34M | $629.55M | $357.25M | $210.23M | -$50.56M | $317.62M | $327.68M | $177.36M | $1.49M | $138.63M | -$191.65M | $528.43M | $505.42M | $1.11B | $930.58M | $911.6M | $484.73M | $757.95M | $103.59M | -$65.14M | $214.14M | $560.69M | $208.44M | $177.29M | $112.4M | $32.7M | $17.2M | $15.7M |
| EBITDA Margin | 48.2% | 55.8% | 59.2% | 51.7% | 28.2% | 51.6% | 37.3% | 28.3% | -7.8% | 42.1% | 71.4% | 73.3% | 0.3% | 24.0% | -26.5% | 45.4% | 45.3% | 49.4% | 65.6% | 58.5% | 32.4% | 41.1% | 8.9% | -11.8% | 30.0% | 93.5% | 82.3% | 87.0% | 43.3% | 18.4% | 51.3% | 53.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Assets | |||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $251.35M | $413.53M | $308.32M | $254.53M | $113.07M | $174.72M | $174.22M | $66.48M | $104.14M | $202.4M | $264.52M | $64.08M | $53.76M | $137.6M | $160.57M | $176.64M | $82.58M | $190.82M | $168.43M | $197.18M | $100.53M | $105.7M | $124.19M | $92.08M | $178.18M | $103.51M | $65.47M | $74.03M | $12.3M | $14.8M | $32.2M |
| Short-Term Investments | $2.07M | $4.03M | $7.43M | $236.28M | $2.44M | $2.64M | $1.12M | $836K | $19.23M | $8.43M | $13.85M | $0 | $0 | $0 | $0 | $53.02M | $0 | $60.14M | $15.68M | $25.08M | $156.02M | $91.81M | $15.55M | $42K | $1.16M | $3.71M | $10.87M | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $253.41M | $417.56M | $315.75M | $490.81M | $115.51M | $177.36M | $175.35M | $67.32M | $123.38M | $210.83M | $278.38M | $64.08M | $53.76M | $137.6M | $160.57M | $229.66M | $82.58M | $250.96M | $184.12M | $222.26M | $256.55M | $197.52M | $139.74M | $92.12M | $179.34M | $107.23M | $76.33M | $74.03M | $12.3M | $14.8M | $32.2M |
| Accounts Receivable | $147.09M | $151.93M | $143.94M | $237.15M | $83.94M | $84.9M | $104.45M | $89.75M | $78.12M | $73.59M | $96.72M | $52.14M | $37.49M | $47.62M | $76.21M | $80.74M | $125.48M | $89.12M | $102.89M | $101.68M | $97.88M | $169.58M | $67.7M | $48.38M | $64.49M | $131.02M | $28.29M | $13.23M | $2.4M | $4.3M | $400K |
| Inventory | $0 | $0 | $245.22M | $80.79M | $119.28M | $92.56M | $138M | $128.2M | $99.97M | $83.04M | $77.95M | $69.29M | $90.64M | $111.6M | $64.82M | $87.2M | $35.09M | $42.22M | $55.44M | $43.79M | $44.98M | $32.02M | $26.15M | $28.72M | $11.31M | $11.19M | $14.28M | $6.81M | $600K | $1.6M | $500K |
| Other Current Assets | $306.75M | $256.52M | $7.26M | $31.73M | $5.11M | $15.77M | $6.53M | $5.36M | $4.86M | $5.74M | $4.72M | $38.21M | $64.5M | $83.19M | $94.83M | $182.09M | $430.08M | $58.15M | $60.54M | $11.57M | $568K | $16.9M | $979.87M | $57.44M | $19.39M | $34.84M | $15.21M | $10.76M | $300K | $500K | $400K |
| Total Current Assets | $707.25M | $826.01M | $727.93M | $881.05M | $332.75M | $378.32M | $448.49M | $308.25M | $321.61M | $383.63M | $467.46M | $233.24M | $260.15M | $392.03M | $410.4M | $587.76M | $783.18M | $821.36M | $1.06B | $1.11B | $1.16B | $1.17B | $1.2B | $233M | $277.92M | $292.65M | $137.75M | $106.39M | $15.6M | $21.2M | $33.5M |
| Long-Term Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $4.91B | $5.25B | $4.64B | $3.71B | $3.66B | $3.42B | $3.06B | $2.62B | $2.67B | $2.32B | $2.15B | $622.44M | $999.28M | $1.2B | $1.35B | $3.08B | $2.83B | $2.99B | $2.69B | $3.24B | $3.26B | $2.97B | $2.93B | $2.64B | $2.51B | $2.36B | $1.56B | $1.15B | $156.2M | $219.9M | $98.2M |
| Goodwill | $112.45M | $112.45M | $112.45M | $112.45M | $112.45M | $112.45M | $112.45M | $112.45M | $112.45M | $225.27M | $225.27M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.05M | $14.38M | $12.2M | $0 | $0 | $100K | $0 |
| Intangible 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 | $0 | $100K | $0 |
| Long-Term Investments | $8.79M | $11.79M | $51.5M | $16.3M | $555K | $1.28M | $15.75M | $17.23M | $21.78M | $30.91M | $40.66M | $105.79M | $107.48M | $92.01M | $80.87M | $58.76M | $74M | $24.49M | $5.63M | $192.97M | $106.23M | $130.62M | $294.22M | $119.33M | $109.9M | $27.36M | $16.27M | $113.99M | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $1.39M | $1.39M | $55.29M | $0 | $0 | $0 | $3.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $13.14M | $22.42M | $355.48M | $56.89M | $12.73M | $7.2M | $9.42M | $20.23M | $4.45M | $4.36M | $417K | $708K | $695K | $1.24M | $1.78M | $69.43M | $24.71M | $188.77M | $69K | $45.33M | $43.99M | $65.54M | $40.94M | $44.27M | $117.74M | $83.28M | $4.68M | $4.5M | $400K | $700K | $47M |
| Total Long-Term Assets | $5.05B | $5.39B | $5.15B | $3.9B | $3.78B | $3.54B | $3.25B | $2.77B | $2.81B | $2.58B | $2.42B | $728.94M | $1.11B | $1.3B | $1.43B | $3.21B | $2.93B | $3.21B | $2.7B | $3.48B | $3.41B | $3.17B | $3.27B | $2.8B | $2.76B | $2.49B | $1.59B | $1.27B | $156.6M | $220.8M | $145.2M |
| 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 | $0 | $0 | $0 |
| Total Assets | $5.75B | $6.22B | $5.88B | $4.78B | $4.12B | $3.92B | $3.7B | $3.08B | $3.13B | $2.97B | $2.89B | $962.18M | $1.37B | $1.69B | $1.84B | $3.8B | $3.72B | $4.03B | $3.76B | $4.59B | $4.57B | $4.34B | $4.46B | $3.03B | $3.03B | $2.78B | $1.73B | $1.38B | $172.2M | $242M | $178.7M |
| Liabilities | |||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||
| Accounts Payable | $10.61M | $5.99M | $7.8M | $7.99M | $2.33M | $7.86M | $13.04M | $22.21M | $11.81M | $4.33M | $9.5M | $3.1M | $13.3M | $5.97M | $5.71M | $13.42M | $36.57M | $27.03M | $16.04M | $17.57M | $9.38M | $8.27M | $7.29M | $7.72M | $6.99M | $10.61M | $8M | $7.72M | $6.2M | $0 | $1.3M |
| Short-Term Debt | $320.52M | $460.32M | $262M | $277.85M | $198.66M | $167.08M | $438.96M | $120.48M | $113.08M | $67.36M | $57.58M | $244.35M | $69.64M | $20.7M | $19.52M | $173.59M | $123.88M | $293.47M | $96.81M | $281.41M | $228.13M | $137.33M | $174.83M | $180.97M | $227.6M | $212.77M | $116.81M | $170.55M | $1.4M | $9.7M | $3.6M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $315K | $669K | $709K | $727K | $739K | $1.67M | $1.06M | $491K | $325K | $300K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $2.63M | $0 | $0 | $0 | $3.12M | $5.69M | $4.97M | $304K | $1.65M | $6.3M | $19.17M | $490K | $1.39M | $6.45M | $5.63M | $6.86M | $15.44M | $16.13M | $13.34M | $15.78M | $7.07M | $4.38M | $5.31M | $1.07M | $1.57M | $2.58M | $37.88M | $18.41M | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $76.85M | $65.23M | $40.56M | $82.04M | $52.2M | $32.7M | $23.37M | $15.73M | $30.07M | $61.12M | $2.5M | -$44.01M | $3.41M | $2.62M | $10.84M | $44.33M | $11.91M | $132.31M | $9.04M | $101.92M | $93.69M | $36.84M | $16.58M | $26.23M | $15.77M | $6.52M | $1.81M | $275.2M | $5M | $5.2M |
| Total Current Liabilities | $494.71M | $595.65M | $409.05M | $391.66M | $292.68M | $281.36M | $848.12M | $214.22M | $222M | $182.75M | $242.04M | $328.59M | $130.77M | $186.62M | $167.38M | $503.58M | $605.36M | $710.93M | $590.23M | $443.92M | $456.5M | $345.86M | $321.31M | $259.82M | $315.06M | $290.39M | $169.21M | $198.5M | $8M | $16M | $10.1M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | $2.75B | $3.28B | $3.19B | $2.11B | $2.13B | $1.97B | $1.25B | $1.61B | $1.47B | $914.59M | $745.7M | $702.14M | $1.25B | $463.29M | $493.99M | $1.19B | $760.7M | $614.68M | $376.72M | $2.18B | $2.1B | $1.88B | $1.97B | $1.28B | $880.69M | $1.33B | $962.88M | $712.47M | $526.1M | $106.8M | $52.1M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.29M | $2.58M | $0 | $0 | $12.65M | $17.95M | $19.81M | $21.73M | $18.1M | $20.03M | $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 | -$1.29M | -$2.58M | $0 | $0 | -$12.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $818K | $452K | $472K | $2.05M | -$4.68M | $3.74M | $1.06M | $1.18M | $1.32M | $3.11M | $2.84M | $2.1M | $2.21M | $6.09M | $8.28M | $7.63M | $6.05M | $5.39M | $10.57M | $9.65M | $99.98M | -$13.18M | $166.51M | $10.76M | $295.14M | $21.79M | -$501K | $10.87M | -$526.1M | -$33.2M | -$47M |
| Total Long-Term Liabilities | $2.75B | $3.28B | $3.2B | $2.12B | $2.17B | $2.03B | $1.34B | $1.7B | $1.72B | $1.28B | $1.2B | $704.24M | $1.25B | $1.37B | $1.46B | $2.54B | $2.36B | $2.61B | $2.73B | $2.94B | $2.93B | $2.75B | $2.89B | $1.55B | $1.46B | $1.46B | $962.38M | $723.34M | $531M | $73.6M | $5.1M |
| 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 | -$492.2M | $34.9M | $47.5M |
| Total Liabilities | $3.24B | $3.88B | $3.61B | $2.51B | $2.46B | $2.31B | $2.19B | $1.91B | $1.95B | $1.47B | $1.44B | $1.03B | $1.39B | $1.56B | $1.63B | $3.04B | $2.96B | $3.32B | $3.32B | $3.38B | $3.38B | $3.09B | $3.21B | $1.81B | $1.77B | $1.75B | $1.13B | $921.84M | $46.8M | $124.5M | $62.7M |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $19.69M | $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 | $222.62M | $222.62M | $222.62M | $222.62M | $203.53M | $197.69M | $196.89M | $169.82M | $169.81M | $169.81M | $781.94M | $112.34M | $86.51M | $194.65M | $194.65M | $194.65M | $194.65M | $194.65M | $187.06M | $187.06M | $187.06M | $187.06M | $184.12M | $191.17M | $191.02M | $195.17M | $152.41M | $115.27M | $0 | $25.3M | $0 |
| Retained Earnings | $1.68B | $507.47M | $446M | $436.19M | -$3.13M | $8.02M | -$174.83M | -$295.12M | -$272.5M | $34.07M | $81.21M | -$897.21M | -$734.27M | -$545.77M | -$463.01M | $83.72M | $78.03M | $45.4M | $0 | $0 | $0 | $160.36M | $564.39M | $493.06M | $521.08M | $253.56M | $0 | $0 | $28.6M | $20.4M | $19.2M |
| Comprehensive Income & Other | $437K | $1.78M | $415K | $454K | $228K | $200K | $330K | $224K | $2.23M | $739K | -$383K | -$4.26M | -$3.3M | -$4.16M | -$4.78M | -$3.84M | -$1.69M | -$5.23M | -$3.7M | -$4.42M | -$6.68M | $5.41M | -$6.95M | -$9.5M | -$11.86M | -$3.58M | $0 | -$119.19M | -$1.6M | -$23.1M | $0 |
| Other Stockholders' Equity | $604.65M | $1.61B | $1.61B | $1.61B | $1.45B | $1.41B | $1.49B | $1.29B | $1.29B | $1.3B | $583.13M | $713.89M | $620.81M | $470.8M | $469.35M | $468.77M | $468.67M | $462.17M | $258.91M | $481.5M | $528.1M | $570.54M | $506.91M | $542.74M | $540.3M | $580.76M | $423.85M | $342.41M | $96.8M | $71.8M | $96.8M |
| Total Equity | $2.51B | $2.34B | $2.28B | $2.27B | $1.65B | $1.61B | $1.51B | $1.16B | $1.19B | $1.5B | $1.45B | -$70.98M | -$26.95M | $119.67M | $200.98M | $747.13M | $741.34M | $702.22M | $445.97M | $668.56M | $715.17M | $917.97M | $1.26B | $1.23B | $1.25B | $1.03B | $576.25M | $457.68M | $125.4M | $117.5M | $116M |
| Minority Interest | -$472K | -$472K | -$472K | -$472K | -$472K | -$472K | $232K | $417K | $321K | $168K | $61K | $332K | $8.9M | $11.47M | $12.49M | $11.9M | $9.41M | $6.64M | $0 | $541.12M | $470.75M | $328.73M | $0 | $0 | $6.82M | $6.07M | $18.95M | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.75B | $6.22B | $5.88B | $4.78B | $4.12B | $3.92B | $3.7B | $3.08B | $3.13B | $2.97B | $2.89B | $961.85M | $1.36B | $1.68B | $1.83B | $3.79B | $3.71B | $4.02B | $3.76B | $4.05B | $4.1B | $4.01B | $4.46B | $3.03B | $3.03B | $2.77B | $1.71B | $1.38B | $172.2M | $242M | $178.7M |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Total Debt | $3.07B | $3.75B | $3.46B | $2.37B | $2.37B | $2.2B | $2.07B | $1.83B | $1.88B | $1.4B | $1.34B | $946.49M | $1.32B | $1.43B | $1.53B | $2.89B | $2.75B | $3.12B | $2.97B | $3.22B | $3.17B | $2.9B | $3.06B | $1.73B | $1.41B | $1.65B | $1.08B | $883.02M | $40M | $116.5M | $55.7M |
| Net Debt | $2.82B | $3.33B | $3.15B | $2.12B | $2.26B | $2.03B | $1.89B | $1.76B | $1.78B | $1.2B | $1.08B | $882.41M | $1.27B | $1.3B | $1.37B | $2.72B | $2.67B | $2.93B | $2.8B | $3.02B | $3.07B | $2.79B | $2.93B | $1.64B | $1.23B | $1.55B | $1.01B | $808.99M | $27.7M | $101.7M | $23.5M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Operating Activities | |||||||||||||||||||||||||||||||
| Net Income | $379.08M | $495.58M | $656.41M | $472.72M | -$11.15M | $413.01M | $139.99M | -$8.4M | -$264.32M | $117.51M | $255.39M | -$171.66M | -$191.08M | -$83.78M | -$529.01M | $164M | $105.47M | $698.77M | $570.42M | $516M | $606.84M | $1.02B | $409.36M | -$8.9M | $382.73M | $313.87M | -$86.9M | $27M | $6.3M | $1.8M | $8.4M |
| Depreciation & Amortization | $328.46M | $339.03M | $230.94M | $165.17M | $160.16M | $144.39M | $122.5M | $125.04M | $143.66M | $143.07M | $54.52M | $32.52M | $100.36M | $115.39M | $202.52M | $214.29M | $238.59M | $224.07M | $222.06M | $203.85M | $198.88M | $183.71M | $146.91M | $139.85M | $121.72M | $92.88M | $91.44M | $51.66M | -$9.5M | -$10.4M | -$6.5M |
| Deferred Income Tax | $0 | $0 | $0 | -$4.7M | -$185K | $0 | -$400K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | -$2.19M | $10.72M | $4.7M | $185K | $0 | $400K | $1M | $2.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||
| Accounts Receivable | -$5.05M | -$2.8M | $14.82M | -$59.58M | -$22.45M | $21.99M | -$13.61M | -$133K | -$506K | $4.29M | -$21.04M | -$12.46M | $11.82M | $13.56M | $10.43M | -$7.78M | $15.69M | -$764K | $21.29M | -$473K | $112.91M | -$92.3M | -$16.14M | $11.95M | $66.53M | -$100.25M | $0 | $0 | $1.8M | -$3.9M | $300K |
| Inventory | -$23.98M | $7.52M | -$27.67M | -$98.56M | -$26.72M | $43.85M | -$9.8M | -$48.81M | -$17M | -$5.41M | $24.87M | $16.48M | $16.79M | -$49.76M | $17.59M | -$25.02M | $7.13M | $13.21M | -$11.77M | $1.19M | -$12.97M | -$5.97M | $3.49M | -$17.41M | -$120K | $3.56M | -$4.92M | -$1.35M | $900K | -$1.1M | $100K |
| Accounts Payable | $12.49M | $3.4M | $10.47M | $5.67M | -$5.53M | -$3.84M | -$9.17M | $10.4M | $7.49M | -$5.17M | $2.83M | -$10.2M | $7.33M | $1.82M | -$7.72M | -$23.15M | $9.54M | $10.99M | $47.83M | $8.19M | $1.11M | $1.35M | -$417K | $723K | $1.29M | -$7.87M | $0 | $0 | $1.8M | $300K | $300K |
| Other Working Capital | -$14.96M | -$11.86M | -$6.13M | $20.47M | $19.29M | -$17.09M | $28.65M | -$156K | $7.09M | -$9.21M | -$11.23M | $23.26M | -$60.67M | $54.35M | -$61.27M | $21.28M | -$50.47M | -$3.96M | $13.44M | $43.23M | $17.78M | -$108.37M | -$11.75M | -$34.54M | $14.3M | $8.88M | -$174K | -$5.11M | -$3.6M | $800K | $2.8M |
| Total Working Capital Change | -$31.5M | -$3.74M | -$8.51M | -$132M | -$35.41M | $44.91M | -$3.93M | -$38.7M | -$2.92M | -$15.51M | -$4.56M | $17.07M | -$24.73M | $19.97M | -$40.97M | -$34.67M | -$18.11M | $19.48M | $70.78M | $52.14M | $118.83M | -$205.28M | -$24.82M | -$39.28M | $82.01M | -$95.67M | -$5.09M | -$6.46M | $900K | -$3.9M | $3.5M |
| Other Non-Cash Items | $6.41M | -$92.27M | -$33.38M | -$134.99M | -$50.67M | $1.75M | $21.64M | -$31.77M | $249.28M | $40.94M | -$98M | $175.47M | $72.77M | $16.99M | $424.68M | -$25.98M | -$27.14M | -$135.06M | -$317.45M | $59.57M | $55.23M | -$92.02M | -$8.16M | $50.35M | -$108.85M | -$39.49M | $47.04M | $2.72M | $12.2M | $20.9M | $13.4M |
| Net Cash from Operating | $682.46M | $736.41M | $856.18M | $370.89M | $62.93M | $604.06M | $280.19M | $46.17M | $125.69M | $286.01M | $207.35M | $53.39M | -$42.68M | $68.57M | $57.23M | $317.64M | $298.82M | $807.25M | $545.81M | $831.56M | $979.77M | $909.79M | $523.28M | $142.03M | $477.61M | $271.58M | $46.49M | $74.92M | $9.9M | $8.4M | $18.8M |
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital Expenditures | -$12.53M | -$915.25M | -$1.63B | -$317.96M | -$462.4M | -$724.32M | -$195.97M | -$216.31M | -$713.56M | -$622.46M | -$786.77M | -$44.99M | -$7.02M | -$14.5M | -$82.38M | -$548.95M | -$147.35M | -$637.89M | -$337.77M | -$569.82M | -$558.16M | -$126.95M | -$66.59M | -$376.84M | -$386.13M | -$435.98M | -$206.83M | -$352M | -$300K | -$300K | -$300K |
| Acquisitions | $37.15M | $431.85M | $142.74M | -$1.5M | $5.63M | -$14.89M | $3M | -$6M | -$18.69M | $173.19M | $87.44M | $2.02M | -$5.51M | -$13.55M | $129.39M | $100K | $0 | $11.21M | -$60.47M | -$10.63M | -$35.7M | -$52.14M | -$93.97M | -$6.82M | -$64.66M | -$41.91M | -$126M | $211.95M | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$1.5M | -$357K | -$750K | $0 | -$6M | -$46.1M | $0 | $0 | $0 | -$6M | -$13.3M | -$24.54M | $10.96M | $0 | -$111.94M | -$60.51M | -$3.43M | -$79.88M | $59.79M | $0 | $0 | $0 | -$983K | $232.95M | -$10.43M | $0 | $0 | -$31.3M |
| Sales of Investments | $361K | $0 | $251.84M | $1.5M | $14.07M | $750K | $0 | $17.76M | $27.41M | $0 | $35.71M | $0 | $2.16M | $23.92M | $46.55M | $276.37M | $75.62M | $3.29M | $177.14M | $3.43M | $250.34M | $11.18M | $0 | $0 | $0 | $26.8M | $2.65M | $392K | $0 | $0 | $86.2M |
| Other Investing Activities | $0 | $0 | $1.39M | $80M | $80M | $23.24M | $2.4M | $5.34M | $28.37M | $225.71M | $240.05M | $64.72M | $25.14M | $14.88M | $356.65M | $1.38M | $2.39M | $128.26M | $532.75M | $415.88M | $78.66M | $282.81M | -$108.5M | $160.77M | $347M | -$44.85M | $272.75M | $808K | $49.7M | -$84.8M | -$34.3M |
| Net Cash from Investing | $24.98M | -$483.4M | -$1.24B | -$239.47M | -$363.06M | -$715.97M | -$190.57M | -$199.22M | -$722.57M | -$396.75M | -$459.28M | $21.75M | $8.77M | -$2.55M | $425.67M | -$260.13M | -$69.34M | -$607.08M | $251.14M | -$164.56M | -$344.74M | $174.69M | -$269.06M | -$222.89M | -$103.78M | -$496.92M | $175.53M | -$149.28M | $49.4M | -$85.1M | $20.3M |
| Financing Activities | |||||||||||||||||||||||||||||||
| Debt Repaid | $662.59M | -$286.31M | -$1.07B | -$46.84M | -$175.06M | -$447.22M | $54.48M | -$116.36M | -$538.61M | -$124.51M | -$117.45M | $74.89M | $54.33M | $88.54M | $489.01M | -$199.2M | $267.65M | -$255.98M | $169.69M | -$94.12M | -$291.06M | $110.56M | -$148.85M | -$17.2M | $146.17M | -$172.99M | $173.34M | -$62.64M | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $52.45M | $5.83M | $98.42M | $85K | $0 | $98.2M | $0 | $0 | $4.8M | $0 | $0 | $0 | $0 | $208.12M | $0 | $0 | $0 | $62.91M | $2.93M | $223K | $8.49M | $104.58M | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$17K | $0 | -$50.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$631K | -$28.56M | $0 | -$44.81M | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$207.04M | -$434.12M | -$638.93M | -$33.39M | $0 | -$312.39M | -$19.69M | -$386K | -$51.4M | -$164.55M | -$39.23M | -$36.97M | $0 | $0 | -$17.13M | -$155.72M | -$70.07M | -$641.89M | -$656.01M | -$654.48M | -$909.57M | -$1.04B | -$338.03M | -$19.12M | -$115.21M | $0 | -$4.71M | $0 | $0 | $0 | -$700K |
| Other Financing Activities | -$412K | $0 | -$862K | $0 | $52.45M | -$7.46M | -$4.39M | -$386K | -$3.5M | -$9.52M | $141.29M | $116.32M | -$3.48M | $0 | $7.17M | -$6.92M | $0 | $0 | $0 | -$2.23M | -$7.41M | -$16.36M | -$18.49M | -$3.53M | -$1.46M | -$14.18M | -$52.54M | -$1.11M | $244.7M | $59.3M | -$12M |
| Net Cash from Financing | -$869.62M | -$147.8M | $433.07M | $10.03M | $223.55M | $124.18M | $19.86M | $116.06M | $498.62M | $48.62M | $219.51M | -$64.83M | -$49.93M | -$88.99M | -$498.97M | $36.55M | -$337.73M | -$177.79M | -$825.7M | -$562.59M | -$640.21M | -$1.1B | -$233.3M | -$5.23M | -$299.16M | $263.38M | -$230.59M | $61.53M | -$67.5M | $59.3M | -$12.7M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $61.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.19M | $0 | $0 | $0 | $0 | $0 | $0 | $38.1M | $0 |
| Net Change in Cash | -$162.19M | $105.21M | $53.8M | $141.45M | -$76.58M | $12.27M | $109.47M | -$36.98M | -$98.26M | -$62.12M | $28.72M | $10.32M | -$83.84M | -$22.96M | -$16.07M | $94.06M | -$108.24M | $22.39M | -$28.75M | $104.4M | -$5.17M | -$18.49M | $32.11M | -$86.1M | $74.66M | $38.05M | -$8.57M | -$12.84M | -$8.2M | $20.7M | $26.4M |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Operating Cash Flow | $682.46M | $736.41M | $856.18M | $370.89M | $62.93M | $604.06M | $280.19M | $46.17M | $125.69M | $286.01M | $207.35M | $53.39M | -$42.68M | $68.57M | $57.23M | $317.64M | $298.82M | $807.25M | $545.81M | $831.56M | $979.77M | $909.79M | $523.28M | $142.03M | $477.61M | $271.58M | $46.49M | $74.92M | $9.9M | $8.4M | $18.8M |
| Capital Expenditure | -$12.53M | -$915.25M | -$1.63B | -$317.96M | -$462.4M | -$724.32M | -$195.97M | -$216.31M | -$713.56M | -$622.46M | -$786.77M | -$44.99M | -$7.02M | -$14.5M | -$82.38M | -$548.95M | -$147.35M | -$637.89M | -$337.77M | -$569.82M | -$558.16M | -$126.95M | -$66.59M | -$376.84M | -$386.13M | -$435.98M | -$206.83M | -$352M | -$300K | -$300K | -$300K |
| Free Cash Flow | $669.93M | -$178.84M | -$775.24M | $52.93M | -$399.47M | -$120.26M | $84.22M | -$170.14M | -$587.87M | -$336.44M | -$579.43M | $8.4M | -$49.71M | $54.07M | -$25.15M | -$231.3M | $151.47M | $169.36M | $208.04M | $261.74M | $421.61M | $782.84M | $456.69M | -$234.82M | $91.48M | -$164.4M | -$160.34M | -$277.09M | $9.6M | $8.1M | $18.5M |
| Cash at Beginning | $413.53M | $308.32M | $254.53M | $113.07M | $189.65M | $177.38M | $67.9M | $104.89M | $202.4M | $264.52M | $235.8M | $53.76M | $137.6M | $160.57M | $176.64M | $82.58M | $190.82M | $168.43M | $197.18M | $92.78M | $105.7M | $124.19M | $92.08M | $178.18M | $103.51M | $65.47M | $74.03M | $86.87M | $20.6M | $32.2M | $5.8M |
| Cash at End | $251.35M | $413.53M | $308.32M | $254.53M | $113.07M | $189.65M | $177.38M | $67.9M | $104.14M | $202.4M | $264.52M | $64.08M | $53.76M | $137.6M | $160.57M | $176.64M | $82.58M | $190.82M | $168.43M | $197.18M | $100.53M | $105.7M | $124.19M | $92.08M | $178.18M | $103.51M | $65.47M | $74.03M | $12.4M | $52.9M | $32.2M |