KILROY REALTY CORP (KRC)
Kilroy Realty Corporation (NYSE: KRC) is a distinguished real estate investment trust (REIT) and a leading developer on the West Coast of the United States. Its operations span key markets including San Diego, Greater Los Angeles, the San Francisco Bay Area, and the Pacific Northwest. Globally celebrated for its commitment to sustainability, excellence in building operations, and groundbreaking innovation and design, KRC stands out. The company, a pioneer in fostering eco-friendly real estate, crafts modern work environments specifically designed to boost creativity, enhance productivity, and improve employee retention for prominent clients in technology, entertainment, life sciences, and business services sectors. As a publicly traded entity and an S&P MidCap 400 Index member, KRC brings over seven decades of expertise to the development, acquisition, and management of office and mixed-use properties. As of September 30, 2020, Kilroy Realty's stabilized portfolio encompassed approximately 14.3 million square feet, primarily comprising office and life science facilities, with an occupancy rate of 92.2% and a leased rate of 95.5%. Additionally, the company managed 808 residential units located in Hollywood and San Diego, which recorded average quarterly occupancy rates of 85.0% and 37.5%, respectively. Furthermore, KRC had seven development projects underway, representing an estimated total investment of $1.9 billion. These projects account for roughly 2.3 million square feet of new office and life science space, 90% of which was already leased.
Sector: Real Estate Investment Trusts
Industry: REIT - Office
Kilroy Realty Corporation
NYSE:KRCReal Estate · REIT - Office
+3.64%$37.27
AH Close$37.27+0.00%vs close
AH Close$37.27+0.00%vs close
Mkt Cap$4.33B
Float109.57M
O/S116.31M
Inst Own-
SI12.7%
Div Yield5.80%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.11B
Net Income$276.1M
Total Assets$10.92B
Free Cash Flow-$121.65M
Debt & Equity
Debt 47%
Equity 53%
Total Debt$4.84B
Total Equity$5.42B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in KRC's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$10.92B
Liabilities$5.28B
Accounts Receivable$437.56M
Accounts Payable$288.96M
Inventory$0
PP&E (Net)$128.12M
Goodwill$0
Intangible Assets$278.23M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $1.11B | $1.14B | $1.13B | $1.1B | $955.04M | $898.4M | $837.45M | $747.3M | $719M | $642.57M | $581.27M | $521.73M | $465.1M | $404.91M | $367.13M | $301.98M | $279.43M | $289.97M | $258.47M | $251.24M | $241.72M | $221.4M | $227.79M | $202.09M | $209.65M | $187.11M | $159.7M | $136.28M | $69.18M | $39.18M |
| YoY Growth | -2.0% | 0.5% | 3.0% | 14.9% | 6.3% | 7.3% | 12.1% | 3.9% | 11.9% | 10.5% | 11.4% | 12.2% | 14.9% | 10.3% | 21.6% | 8.1% | -3.6% | 12.2% | 2.9% | 3.9% | 9.2% | -2.8% | 12.7% | -3.6% | 12.0% | 17.2% | 17.2% | 97.0% | 76.6% | - |
| Cost of Revenue | $367.19M | $372.87M | $351.07M | $321.06M | $269.58M | $260.72M | $253.86M | $210.78M | $202.76M | $172.58M | $158.7M | $148.79M | $140.27M | $117M | $72.87M | $85.56M | $49.71M | $70.98M | $62.84M | $61.8M | $57.44M | $51.83M | $49.65M | $46.35M | $45.3M | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $745.51M | $762.76M | $778.62M | $775.93M | $685.46M | $637.68M | $583.59M | $536.51M | $516.24M | $470M | $422.58M | $372.94M | $324.83M | $287.91M | $294.26M | $216.42M | $229.72M | $218.99M | $195.63M | $189.44M | $184.27M | $169.57M | $178.13M | $155.75M | $164.35M | $187.11M | $159.7M | $136.28M | $69.18M | $39.18M |
| Gross Margin | 67.0% | 67.2% | 68.9% | 70.7% | 71.8% | 71.0% | 69.7% | 71.8% | 71.8% | 73.1% | 72.7% | 71.5% | 69.8% | 71.1% | 80.2% | 71.7% | 82.2% | 75.5% | 75.7% | 75.4% | 76.2% | 76.6% | 78.2% | 77.1% | 78.4% | 100.0% | 100.0% | 100.0% | 100.0% | 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 | $46K | $650K |
| Selling, General, and Administrative | $85M | $72.07M | $93.43M | $93.64M | $92.75M | $99.26M | $88.14M | $90.47M | $60.58M | $57.03M | $48.27M | $46.15M | $39.66M | $36.19M | $29.93M | $28.95M | $39.94M | $38.26M | $36.58M | $22.8M | $66.46M | $34.02M | $19.14M | $12.56M | $12.44M | $11.11M | $9.09M | $7.74M | $5.03M | $2.38M |
| Other | $345M | $356.18M | $355.28M | $357.61M | $310.04M | $299.31M | $273.13M | $259.97M | $249.16M | $217.23M | $204.84M | $202.47M | $193.14M | $163.07M | $133.86M | $102.75M | $112.53M | $159.93M | $139.32M | $136.06M | $125.82M | $112.56M | $108.77M | $107.48M | $98.72M | $80.71M | $68.23M | $57.98M | $27.53M | $21.12M |
| Total Operating Expenses | $430M | $428.25M | $448.71M | $451.25M | $402.79M | $398.57M | $361.27M | $350.44M | $309.74M | $274.26M | $253.1M | $248.63M | $232.8M | $199.26M | $196.31M | $131.69M | $154.06M | $198.19M | $175.9M | $158.86M | $192.28M | $146.59M | $127.91M | $120.04M | $111.15M | $91.82M | $77.32M | $65.72M | $32.6M | $24.15M |
| Operating Income (EBIT) | $315.51M | $334.51M | $329.91M | $324.68M | $282.67M | $239.1M | $222.32M | $186.08M | $206.51M | $195.73M | $169.47M | $57.3M | $17.8M | $88.65M | $97.95M | $84.73M | $30.84M | -$198.19M | -$175.9M | -$158.86M | -$192.28M | -$146.59M | -$127.91M | -$120.04M | -$111.15M | -$91.82M | -$77.32M | -$65.72M | -$32.6M | -$24.15M |
| Operating Margin | 28.4% | 29.5% | 29.2% | 29.6% | 29.6% | 26.6% | 26.5% | 24.9% | 28.7% | 30.5% | 29.2% | 11.0% | 3.8% | 21.9% | 26.7% | 28.1% | 11.0% | -68.3% | -68.1% | -63.2% | -79.5% | -66.2% | -56.2% | -59.4% | -53.0% | -49.1% | -48.4% | -48.2% | -47.1% | -61.6% |
| Interest Expense | $185M | $145.29M | $114.22M | $84.28M | $78.56M | $70.77M | $48.54M | $50.28M | $66.04M | $55.8M | $57.68M | $67.57M | $75.87M | $79.11M | $89.41M | $59.94M | $46.12M | $40.37M | $37.5M | $43.54M | $39.15M | $37.65M | $33.38M | $35.64M | $41.68M | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $6.97M | $37.75M | $22.59M | $1.76M | $3.92M | $3.42M | $4.64M | $0 | $5.5M | $1.76M | $243K | $561K | $1.64M | $848K | $571K | $964K | $1.3M | $0 | $0 | $1.65M | $0 | $0 | $196K | $513K | $1.03M | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$37M | -$101.56M | -$91.62M | -$65.18M | $376.24M | -$31.81M | -$7.09M | $91.85M | -$25.89M | -$102.27M | $69.13M | -$65.22M | -$72.63M | -$77.37M | -$89.27M | -$85.15M | -$47.63M | -$45.93M | -$84.18M | $1.16M | $33.41M | $727K | $56.52M | $896K | -$16.99M | $138.67M | $117.22M | $104.54M | $57.36M | -$63.5M |
| Income Before Tax (EBT) | $278.51M | $232.95M | $238.29M | $259.49M | $658.91M | $207.29M | $215.23M | $277.93M | $180.62M | $303.8M | $238.6M | $59.31M | $15.84M | $5.45M | $5.06M | $18.94M | $36.99M | $44.12M | $113.82M | $81.86M | $33.82M | $29.94M | $49.61M | $40.31M | $38.43M | $46.85M | $39.9M | $38.82M | $24.76M | $13.27M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10.01M | $0 | -$120.91M | -$28.04M | -$265.47M | -$60.96M | -$771K | -$36.99M | -$44.12M | -$113.82M | -$81.86M | -$33.82M | -$29.94M | -$49.61M | -$40.31M | -$38.43M | -$46.85M | -$39.9M | -$38.82M | -$24.76M | -$13.27M |
| Net Income | $276.1M | $210.97M | $212.24M | $232.62M | $628.14M | $187.1M | $195.44M | $258.42M | $164.61M | $293.79M | $234.08M | $180.22M | $43.88M | $270.91M | $66.02M | $19.71M | $36.99M | $44.12M | $113.82M | $81.86M | $33.82M | $29.94M | $49.61M | $40.31M | $38.43M | $46.85M | $39.9M | $38.82M | $24.76M | $13.27M |
| Net Income Margin | 24.8% | 18.6% | 18.8% | 21.2% | 65.8% | 20.8% | 23.3% | 34.6% | 22.9% | 45.7% | 40.3% | 34.5% | 9.4% | 66.9% | 18.0% | 6.5% | 13.2% | 15.2% | 44.0% | 32.6% | 14.0% | 13.5% | 21.8% | 19.9% | 18.3% | 25.0% | 25.0% | 28.5% | 35.8% | 33.9% |
| Supplementary Data | ||||||||||||||||||||||||||||||
| EPS | 2.32 | 1.78 | 1.80 | 1.98 | 5.38 | 1.63 | 1.42 | 2.58 | 1.52 | 3.00 | 2.44 | 1.99 | 0.37 | 3.56 | 0.87 | 0.07 | 0.53 | 1.06 | 3.22 | 2.31 | 0.84 | 1.06 | 1.81 | 1.40 | 1.13 | 1.76 | 1.44 | 1.44 | 1.20 | 0.92 |
| Diluted EPS | 2.32 | 1.77 | 1.80 | 1.97 | 5.36 | 1.63 | 1.41 | 2.57 | 1.51 | 2.97 | 2.42 | 1.95 | 0.36 | 3.56 | 0.87 | 0.07 | 0.53 | 1.06 | 3.20 | 2.30 | 0.84 | 1.06 | 1.79 | 1.39 | 1.12 | 1.75 | 1.44 | 1.43 | 1.19 | 0.92 |
| Weighted Average OS | 119.01M | 117.65M | 117.16M | 117.22M | 116.43M | 113.72M | 103.20M | 99.97M | 98.11M | 92.34M | 89.85M | 83.09M | 77.34M | 69.02M | 56.72M | 49.50M | 38.70M | 32.47M | 32.38M | 31.24M | 28.71M | 28.24M | 27.53M | 27.45M | 27.17M | 26.60M | 27.70M | 26.99M | 18.42M | 14.47M |
| EBITDA | $819.47M | $735.49M | $708.81M | $702.15M | $1.05B | $578.2M | $537.58M | $440.36M | $492.54M | $576.84M | $442.9M | $331.36M | $292.29M | $243.54M | $234.55M | $122.75M | $161.8M | $81.13M | $156.99M | $156.91M | $329.34M | $290.59M | $141.05M | $179.1M | $108.72M | $250.95M | $221.95M | $192.53M | $108.5M | $63.5M |
| EBITDA Margin | 73.6% | 64.8% | 62.7% | 64.0% | 109.8% | 64.4% | 64.2% | 58.9% | 68.5% | 89.8% | 76.2% | 63.5% | 62.8% | 60.1% | 63.9% | 40.6% | 57.9% | 28.0% | 60.7% | 62.5% | 136.3% | 131.3% | 61.9% | 88.6% | 51.9% | 134.1% | 139.0% | 141.3% | 156.8% | 162.1% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | ||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $179.32M | $165.69M | $510.16M | $347.38M | $414.08M | $731.99M | $60.04M | $51.6M | $57.65M | $193.42M | $56.51M | $23.78M | $35.38M | $16.7M | $4.78M | $14.84M | $9.88M | $9.55M | $11.73M | $11.95M | $3.88M | $4.85M | $9.89M | $15.78M | $16.49M | $17.6M | $26.12M | $6.44M | $8.93M | $0 |
| Short-Term Investments | $30.81M | $27.96M | $284.67M | $23.55M | $27.48M | $27.48M | $27.1M | $21.78M | $20.67M | $14.77M | $12.88M | $11.97M | $10.01M | $7.43M | $5.69M | $4.9M | $3.45M | $1.89M | $707K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $210.12M | $193.66M | $794.83M | $370.93M | $441.55M | $759.47M | $87.14M | $73.38M | $78.32M | $208.19M | $69.39M | $35.75M | $45.38M | $24.14M | $10.47M | $19.74M | $13.34M | $11.44M | $12.44M | $11.95M | $3.88M | $4.85M | $9.89M | $15.78M | $16.49M | $17.6M | $26.12M | $6.44M | $8.93M | $0 |
| Accounts Receivable | $437.56M | $463.03M | $474.59M | $472.78M | $420.05M | $398.67M | $366.08M | $287.18M | $263.32M | $232.44M | $200.86M | $163.65M | $137.87M | $124.64M | $109.54M | $95.31M | $88.31M | $5.75M | $72.17M | $67.82M | $60.81M | $51.66M | $41.72M | $32.54M | $32.15M | $32.52M | $22.08M | $15.63M | $7.37M | $3.04M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$13.93M | -$55.11M | $9.42M | $117.67M | $8.21M | $213.1M | -$9.95M | $84.16M | $0 | $140.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$41.81M | $0 | $0 | $0 | $13.01M | $91.14M | $16.3M | $119.43M | $9.15M | $56.71M | $696K | $95.56M | $65.56M | $237.59M | $0 | $1.46M | $2.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $616.88M | $677.85M | $1.28B | $855.07M | $887.17M | $1.26B | $488.24M | $480M | $350.79M | $506.76M | $388.61M | $282.79M | $446.13M | $396.32M | $120.36M | $27.46M | $170.17M | $17.19M | $84.61M | $79.77M | $64.69M | $56.51M | $51.62M | $48.32M | $48.64M | $50.12M | $48.19M | $22.07M | $16.3M | $3.04M |
| Long-Term Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $128.12M | $155.54M | $162.58M | $168.07M | $170.06M | $138.89M | $131.63M | $36.83M | $39.69M | $40.4M | $11.32M | $3.99B | $3.43B | $3.19B | $3.14B | $2.54B | $1.91B | $1.94B | $1.9B | $1.6B | $1.54B | $1.48B | $1.4B | $1.41B | $1.36B | $1.29B | $1.24B | $1.05B | $712.91M | $117.67M |
| 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 | $0 |
| Intangible Assets | $278.23M | $58.57M | $54.51M | $70.42M | $56.54M | $14.67M | $26.92M | $31.47M | $37.05M | $58.04M | $43.54M | $60.73M | $71.15M | $83.32M | $155.52M | $131.07M | $51.83M | $53.54M | $54.42M | $49.02M | $50.07M | $51.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $27.1M | $21.78M | $20.67M | $14.77M | $12.88M | $11.97M | $10.01M | $7.43M | $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 | $0 | $7.14B | $6.24B | $6.02B | -$11.32M | -$3.99B | -$3.43B | -$3.19B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $9.89B | $10.01B | $9.9B | $9.7B | $9.47B | $8.59B | $8.23B | $52.87M | $114.71M | $70.61M | $5.49B | $5.28B | $4.58B | $4.13B | $30.57M | $113.6M | -$51.83M | $106.8M | $109.68M | $148.87M | $87.03M | $67.3M | $107.72M | $98.89M | $97.9M | $166.02M | $84.69M | $57.08M | $44.74M | $10.67M |
| Total Long-Term Assets | $10.3B | $10.22B | $10.12B | $9.94B | $9.7B | $8.74B | $8.41B | $7.29B | $6.45B | $6.2B | $5.55B | $5.35B | $4.66B | $4.22B | $3.33B | $2.79B | $1.91B | $2.1B | $2.07B | $1.8B | $1.67B | $1.6B | $1.51B | $1.51B | $1.46B | $1.46B | $1.32B | $1.11B | $757.65M | $128.34M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$17.19M | -$84.61M | -$79.77M | -$64.69M | -$56.51M | -$51.62M | -$48.32M | -$48.64M | -$50.12M | -$48.19M | -$22.07M | -$16.3M | -$3.04M |
| Total Assets | $10.92B | $10.9B | $11.4B | $10.8B | $10.58B | $10B | $8.9B | $7.77B | $6.8B | $6.71B | $5.94B | $5.63B | $5.11B | $4.62B | $3.45B | $2.82B | $2.08B | $2.1B | $2.07B | $1.8B | $1.67B | $1.6B | $1.51B | $1.51B | $1.46B | $1.46B | $1.32B | $1.11B | $757.65M | $128.34M |
| Liabilities | ||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||
| Accounts Payable | $288.96M | $285.01M | $371.18M | $392.36M | $391.26M | $445.1M | $418.85M | $374.42M | $221.34M | $177.29M | $246.32M | $225.83M | $198.47M | $154.73M | $81.71M | $68.53M | $52.53M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.64M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $168.37M | $0 | $0 | $1.43B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.2M | $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 | $0 |
| Current Unearned Revenue | $201.33M | $213.44M | $253M | $277.39M | $246.11M | $197.4M | $205.99M | $209.87M | $202.37M | $202.44M | $177.52M | $181.6M | $145.53M | $155.56M | $106.7M | $108.51M | $66.89M | $76.22M | $59.19M | $25.35M | $36.41M | $21.61M | $20.9M | $24.31M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$409.65M | $0 | $0 | $0 | $0 | $0 | $0 | -$482.2M | -$277.82M | -$229.37M | -$330.68M | -$308.09M | -$442.57M | -$221.31M | -$106.7M | -$91.67M | -$66.13M | -$76.49M | -$78.86M | -$67.73M | -$152.41M | -$67.88M | -$35.37M | -$35.28M | -$53.88M | -$33.91M | -$26.26M | -$33.19M | -$9.71M | -$7.61M |
| Total Current Liabilities | $145.66M | $563.3M | $688.62M | $734.04M | $699.23M | $701.93M | $678.06M | $631.85M | $495.46M | $627.14M | $458.83M | $440.33M | $375.48M | $339.22M | $104.41M | $1.52B | $87.9M | $76.22M | $59.19M | $25.35M | $36.41M | $21.61M | $20.9M | $24.31M | $0 | $0 | $0 | $2.2M | $0 | $6.64M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | $4.72B | $4.6B | $4.93B | $4.26B | $4.07B | $3.92B | $3.55B | $2.93B | $2.35B | $2.32B | $2.23B | $2.47B | $2.04B | $2.04B | $1.57B | $0 | $711.43M | $773.47M | $852M | $879.2M | $842.28M | $801.44M | $0 | $0 | $714.59M | $723.69M | $553.5M | $405.4M | $273.4M | $223.3M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $197.4M | $205.99M | $209.87M | $202.37M | $56K | $7.54M | $56K | $14.45M | $0 | $93.07M | $79.32M | $66.89M | $76.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.9B | -$2.8B | -$2.58B | -$2.78B | -$2.49B | $0 | $0 | -$1.35B | $55.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $286.96M | $0 | $0 | $0 | $0 | -$197.4M | -$205.99M | $482.2M | $349.57M | $0 | $13.04M | $0 | $168.37M | $221.31M | $397.05M | $165.31M | $344.94M | -$849.68M | -$911.19M | -$879.2M | -$842.28M | $89.49M | $817.32M | $821.62M | -$714.59M | -$723.69M | -$553.5M | -$405.4M | -$273.4M | -$223.3M |
| Total Long-Term Liabilities | $5.13B | $4.73B | $5.05B | $4.39B | $4.19B | $4.02B | $3.65B | $2.93B | $2.35B | $2.32B | $2.25B | $2.47B | $2.22B | $2.04B | $2.01B | $182.15M | $1.11B | $1.34B | $1.26B | $1.01B | $1.03B | $912.53M | $838.23M | $845.93M | $799.05M | $789.01M | $613.52M | $449.53M | $305.32M | $242.12M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$76.22M | -$59.19M | -$25.35M | -$36.41M | -$21.61M | -$20.9M | -$24.31M | $0 | $0 | $0 | -$2.2M | $0 | -$6.64M |
| Total Liabilities | $5.28B | $5.29B | $5.74B | $5.12B | $4.89B | $4.72B | $4.33B | $3.56B | $2.84B | $2.95B | $2.7B | $2.91B | $2.59B | $2.38B | $2.12B | $1.7B | $1.2B | $1.34B | $1.26B | $1.01B | $1.03B | $912.53M | $838.23M | $845.93M | $799.05M | $789.01M | $613.52M | $449.53M | $305.32M | $242.12M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $48.05M | $122.69M | $192.41M | $192.41M | $192.41M | $192.41M | $192.41M | $121.58M | $121.58M | $121.58M | $121.58M | $121.58M | $121.58M | $121.58M | $121.58M | $38.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.18M | $1.18M | $1.17M | $1.17M | $1.17M | $1.16M | $1.06M | $1.01M | $986K | $932K | $923K | $863K | $822K | $749K | $588K | $523K | $431K | $331K | $328K | $324K | $289K | $286K | $282K | $273K | $274K | $265K | $278K | $276K | $245K | $0 |
| Retained Earnings | $188.88M | $171.21M | $221.15M | $265.12M | $283.66M | -$103.13M | -$58.47M | -$48.05M | -$122.69M | -$108M | -$70.26M | -$162.96M | -$210.9M | -$129.53M | -$277.45M | -$247.25M | -$180.72M | -$129.32M | -$87.51M | -$119.09M | -$124.21M | -$83.39M | -$53.45M | -$47.63M | -$33.16M | -$19.23M | -$18.55M | -$11.84M | -$6.26M | -$113.78M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$48.05M | -$122.69M | -$192.41M | -$192.41M | -$192.41M | -$192.41M | -$192.41M | -$121.58M | -$121.58M | -$121.58M | -$121.58M | -$121.58M | -$121.58M | -$121.58M | $345K | -$4.36M | -$5.79M | -$5.78M | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $5.23B | $5.21B | $5.21B | $5.17B | $5.16B | $5.13B | $4.35B | $3.98B | $3.82B | $3.65B | $3.24B | $2.83B | $2.67B | $2.32B | $1.57B | $1.33B | $1.04B | $785.05M | $780.48M | $793.07M | $643.19M | $635.8M | $543.04M | $487.33M | $473.52M | $460.39M | $491.2M | $487.47M | $403.16M | $0 |
| Total Equity | $5.42B | $5.38B | $5.43B | $5.44B | $5.44B | $5.03B | $4.29B | $3.93B | $3.7B | $3.54B | $3.17B | $2.67B | $2.46B | $2.19B | $1.29B | $1.09B | $854.95M | $656.07M | $693.29M | $674.3M | $519.27M | $552.69M | $489.87M | $439.97M | $440.63M | $441.43M | $472.93M | $475.9M | $397.15M | -$113.78M |
| Minority Interest | $216.94M | $226.82M | $231.53M | $237.91M | $249.81M | $247.38M | $277.35M | $271.35M | $259.52M | $216.32M | $63.62M | $57.73M | $54.85M | $46.3M | $33.77M | $31.38M | $28.89M | $102.01M | $111.95M | $113.27M | $124.1M | $133.99M | $184.54M | $220.7M | $217.55M | $226.73M | $234.05M | $180.5M | $55.19M | $0 |
| Total Liabilities and Equity | $10.7B | $10.67B | $11.17B | $10.56B | $10.33B | $9.75B | $8.62B | $7.49B | $6.54B | $6.49B | $5.88B | $5.58B | $5.06B | $4.57B | $3.41B | $2.79B | $2.06B | $2B | $1.96B | $1.69B | $1.55B | $1.47B | $1.33B | $1.29B | $1.24B | $1.23B | $1.09B | $925.43M | $702.47M | $128.34M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Total Debt | $4.84B | $4.73B | $5.05B | $4.39B | $4.19B | $4.02B | $3.65B | $2.93B | $2.35B | $2.32B | $2.24B | $2.47B | $2.2B | $2.04B | $1.82B | $1.43B | $972.02M | $773.47M | $650.91M | $879.2M | $842.28M | $801.44M | $761.05M | $762.04M | $714.59M | $723.69M | $553.52M | $407.58M | $273.36M | $223.3M |
| Net Debt | $4.67B | $4.56B | $4.54B | $4.04B | $3.78B | $3.29B | $3.59B | $2.88B | $2.29B | $2.13B | $2.18B | $2.45B | $2.17B | $2.02B | $1.82B | $1.41B | $962.13M | $763.91M | $639.18M | $867.25M | $838.4M | $796.59M | $751.16M | $746.26M | $698.1M | $706.09M | $527.4M | $401.14M | $264.43M | $223.3M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | $276.12M | $232.95M | $238.29M | $259.49M | $658.91M | $207.29M | $215.23M | $277.93M | $180.62M | $303.8M | $238.6M | $61.89M | $32.31M | $17.86M | $67.49M | $19.89M | $38.02M | $44.12M | $113.82M | $81.86M | $33.82M | $29.94M | $49.61M | $40.31M | $38.43M | $46.85M | $39.9M | $38.82M | $21.56M | -$6.83M |
| Depreciation & Amortization | $355.96M | $357.25M | $356.3M | $358.38M | $311.28M | $300.13M | $273.81M | $254.28M | $245.89M | $217.23M | $204.29M | $204.48M | $201.49M | $169.9M | $136.6M | $103.81M | $87.65M | $83.28M | $86.42M | $69.75M | $67.83M | $62.07M | $59.83M | $64.5M | $54.1M | $42.38M | $33.79M | $26.2M | $14.02M | $9.11M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$108.51M | -$12.33M | -$142.94M | -$110.98M | $8.66M | $9.01M | $7.63M | -$45.7M | $6.73M | $2.78M | $48K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $19.09M | $17.71M | $36.86M | $28.35M | $33.8M | $30.25M | $27.01M | -$9.75M | -$8.53M | -$7.17M | -$8.45M | -$8.33M | -$7.78M | -$6.7M | $4.48M | $6.03M | $12.25M | $15.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.04M | $0 | $0 | -$9.48M | -$11.78M | -$11.99M | -$13.38M | -$14.42M | -$17.96M | -$9.95M | -$22.15M | -$10.8M | -$10.6M | -$11.7M | -$1.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$6.29M | $0 | $0 | $0 | -$80.82M | $37.45M | $15.41M | -$17.67M | -$16.86M | $7.29M | $0 | $0 | -$432K | -$2.68M | -$739K |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$7.07M | $4.37M | $9.89M | $18.27M | -$62.51M | $48.53M | $25.66M | -$8.02M | $2.99M | $14.87M | $6.91M | $13.2M | $9.2M | $4.5M | $3.5M |
| Other Working Capital | -$798K | -$52.13M | -$521K | $35.84M | $36.92M | $24.48M | $9.7M | $40.41M | -$11.84M | $14.28M | $4.41M | $17M | $35.52M | $16.02M | -$2.65M | -$772K | -$10.56M | -$10.17M | $8.79M | $80.82M | -$37.45M | -$15.41M | $17.67M | $16.86M | -$7.29M | -$11.19M | $4.38M | $467K | -$1.04M | $810K |
| Total Working Capital Change | -$798K | -$52.13M | -$521K | $35.84M | $36.92M | $24.48M | $9.7M | $40.41M | -$11.84M | $14.28M | $4.41M | $17M | $35.52M | $16.02M | -$2.65M | -$17.17M | -$6.18M | -$276K | $17.59M | -$74.29M | $36.54M | $12.28M | -$22.45M | -$14.97M | $4.91M | -$26.43M | $6.78M | -$1.36M | -$10.91M | $1.97M |
| Other Non-Cash Items | -$84.06M | -$14.64M | -$28.34M | -$89.82M | -$524.51M | -$106.56M | -$139.23M | -$44.32M | -$46.8M | -$40.15M | -$55.87M | -$38.45M | -$29.98M | -$23.98M | -$21.96M | $543K | -$9.55M | $2.18M | -$70.33M | -$15.75M | -$22.18M | $3.76M | $8.95M | $5.72M | $8.63M | $11.21M | $4.17M | $9.77M | $4.26M | $1.27M |
| Net Cash from Operating | $566.31M | $541.15M | $602.59M | $592.24M | $516.4M | $455.59M | $386.52M | $410.04M | $347.01M | $345.05M | $272.01M | $245.25M | $240.58M | $180.72M | $138.26M | $119.83M | $124.97M | $144.48M | $147.5M | $61.57M | $116M | $108.04M | $95.95M | $95.55M | $106.08M | $74.01M | $84.64M | $73.43M | $28.93M | $5.52M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -$687.96M | -$500.98M | -$543.82M | -$586.61M | -$1.8B | -$616.07M | -$1.35B | -$1.22B | -$505.69M | -$890.25M | -$646.6M | -$901.59M | -$755.47M | -$958.47M | -$694.56M | -$730.55M | -$54.16M | -$94.75M | -$386.91M | -$287.19M | -$209.43M | -$229.75M | -$84.92M | -$115.61M | -$139.35M | -$182.29M | -$442.8M | -$681.42M | -$1.09B | -$4.75M |
| Acquisitions | $0 | $0 | $0 | $33.42M | $1.05B | $73.94M | $124.42M | $364.3M | $182.49M | $325.03M | $319.64M | $427.54M | $21.18M | $263.57M | $0 | $0 | $0 | $0 | $386.91M | $0 | $0 | $0 | $0 | -$9.76M | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$500.98M | -$256.58M | $0 | $0 | $0 | $0 | -$1.22B | -$505.69M | -$962.37M | -$581.39M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$52K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $447.94M | $275.94M | $0 | $0 | $0 | $0 | $0 | $379.4M | $182.49M | $325.03M | $316.64M | $0 | $0 | $0 | $0 | $0 | $0 | $259K | $259K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $500.98M | $0 | $0 | $0 | $0 | $0 | $51.1M | -$35.9M | -$70.21M | $64.21M | -$27.39M | $227.77M | -$11.61M | $60.27M | $28.78M | $3.69M | $670K | -$245.01M | $151M | $133.75M | $100.57M | $34.08M | $61.64M | $65.95M | $64.56M | $250.01M | $337.71M | $541.59M | $2.4M |
| Net Cash from Investing | -$240.03M | -$225.04M | -$800.4M | -$553.19M | -$747.88M | -$542.13M | -$1.23B | -$808.91M | -$359.1M | -$635.43M | -$262.75M | -$501.44M | -$506.52M | -$706.51M | -$634.28M | -$701.77M | -$50.47M | -$93.83M | -$244.8M | -$136.19M | -$75.68M | -$129.19M | -$50.84M | -$63.73M | -$73.41M | -$117.73M | -$192.79M | -$343.72M | -$551.96M | -$2.35M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Debt Repaid | $15.09M | $334.2M | -$668.64M | -$194.44M | -$132.36M | -$617.16M | -$423.08M | -$503.13M | -$25.05M | -$95.86M | $226.99M | -$169.18M | -$206.21M | $7.26M | -$331.81M | -$328.33M | -$344K | -$58.07M | -$392.11M | -$36.92M | -$40.84M | -$40.39M | $989K | -$47.45M | $9.1M | -$161.67M | -$148.1M | -$132M | -$13.5M | -$2M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $721.66M | $353.72M | $130.69M | $326.06M | $31.12M | $387.4M | $102.23M | $349.95M | $672.1M | $233.31M | $299.85M | $191.67M | $0 | $0 | $136.82M | $971K | $81.11M | $13.45M | $0 | $5.03M | $0 | $43.8M | $81.8M | $543.7M | $0 |
| Common Stock Repurchases | -$6.55M | -$27.64M | -$11.6M | -$22.93M | -$21.89M | -$14.08M | -$14.56M | -$16.55M | -$212.99M | -$8.88M | -$7.08M | -$3.53M | -$2.52M | -$1.66M | -$1.15M | -$3.42M | -$2.73M | -$14.8M | -$2.63M | -$2.89M | -$1.76M | -$46.27M | -$1.71M | -$11.4M | $0 | -$41.27M | -$5.4M | $0 | -$22K | $0 |
| Dividends Paid | -$257.86M | -$256.31M | -$255.43M | -$247.56M | -$237.35M | -$224.58M | -$196.25M | -$179.41M | -$340.7M | -$137.44M | -$126.84M | -$118.46M | -$111.52M | -$97.39M | -$80M | -$69.22M | -$71.8M | -$80.07M | -$76.59M | -$70.77M | -$66.02M | -$64.27M | -$63.06M | -$61.61M | -$57.32M | -$54.15M | -$53.6M | -$48.8M | -$21.7M | -$5.22M |
| Other Financing Activities | -$33.16M | -$42.43M | -$41.02M | -$42.7M | -$37.69M | -$21.84M | -$18.93M | -$9.75M | $38.74M | $459.88M | $10.23M | $13.42M | -$4.26M | $129K | -$5.81M | -$15.43M | -$21.45M | -$836K | -$29.02M | -$2.19M | -$523K | -$14.24M | -$2.12M | -$11.22M | $27.6M | -$31.05M | -$48.87M | -$4.2M | -$3.5M | $18K |
| Net Cash from Financing | -$312.66M | -$660.58M | $360.6M | -$118.75M | -$164.57M | $833.32M | $747.07M | $503.11M | -$171.24M | $427.29M | $23.47M | $244.59M | $284.62M | $537.71M | $485.96M | $586.9M | -$74.16M | -$52.84M | $97.09M | $82.69M | -$41.29M | $16.1M | -$50.99M | -$32.53M | -$33.79M | $35.21M | $127.83M | $267.8M | $531.96M | -$3.17M |
| 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 | $0 |
| Net Change in Cash | $13.63M | -$344.47M | $162.78M | -$79.7M | -$396.05M | $746.79M | -$94.69M | $104.24M | -$183.33M | $136.91M | $32.73M | -$11.6M | $18.68M | $11.92M | -$10.06M | $4.96M | $330K | -$2.18M | -$216K | $8.07M | -$972K | -$5.04M | -$5.88M | -$710K | -$1.11M | -$8.52M | $19.67M | -$2.49M | $8.93M | $0 |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Operating Cash Flow | $566.31M | $541.15M | $602.59M | $592.24M | $516.4M | $455.59M | $386.52M | $410.04M | $347.01M | $345.05M | $272.01M | $245.25M | $240.58M | $180.72M | $138.26M | $119.83M | $124.97M | $144.48M | $147.5M | $61.57M | $116M | $108.04M | $95.95M | $95.55M | $106.08M | $74.01M | $84.64M | $73.43M | $28.93M | $5.52M |
| Capital Expenditure | -$687.96M | -$500.98M | -$543.82M | -$586.61M | -$1.8B | -$616.07M | -$1.35B | -$1.22B | -$505.69M | -$890.25M | -$646.6M | -$901.59M | -$755.47M | -$958.47M | -$694.56M | -$730.55M | -$54.16M | -$94.75M | -$386.91M | -$287.19M | -$209.43M | -$229.75M | -$84.92M | -$115.61M | -$139.35M | -$182.29M | -$442.8M | -$681.42M | -$1.09B | -$4.75M |
| Free Cash Flow | -$121.65M | $40.17M | $58.77M | $5.63M | -$1.28B | -$160.47M | -$966.18M | -$814.27M | -$158.68M | -$545.2M | -$374.59M | -$656.34M | -$514.89M | -$777.75M | -$556.3M | -$610.72M | $70.8M | $49.73M | -$239.41M | -$225.62M | -$93.43M | -$121.71M | $11.03M | -$20.06M | -$33.27M | -$108.28M | -$358.17M | -$608M | -$1.06B | $766K |
| Cash at Beginning | $165.69M | $510.16M | $347.38M | $427.08M | $823.13M | $76.34M | $171.03M | $66.8M | $250.13M | $56.51M | $23.78M | $35.38M | $16.7M | $4.78M | $14.84M | $9.88M | $9.55M | $11.73M | $11.95M | $3.88M | $4.85M | $9.89M | $15.78M | $16.49M | $17.6M | $26.12M | $6.44M | $8.93M | $0 | $0 |
| Cash at End | $179.32M | $165.69M | $510.16M | $347.38M | $427.08M | $823.13M | $76.34M | $171.03M | $66.8M | $193.42M | $56.51M | $23.78M | $35.38M | $16.7M | $4.78M | $14.84M | $9.88M | $9.55M | $11.73M | $11.95M | $3.88M | $4.85M | $9.89M | $15.78M | $16.49M | $17.6M | $26.12M | $6.44M | $8.93M | $0 |