PIPER SANDLER COMPANIES (PIPR)
Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. It offers investment banking services, institutional sales, and trading services for various equity and fixed income products; research services; advisory services, such as mergers and acquisitions, equity and debt financings, equity and debt private placements, debt capital markets advisory, restructuring and private capital advisory; municipal financial advisory and loan placement services; and various over-the-counter derivative products, as well as underwrites municipal issuances. The company also provides public finance investment banking services that focus on state and local governments, special districts and development infrastructure, project finance, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, housing, and transportation sectors. In addition, it offers equity and fixed income advisory and trade execution services for institutional investors, corporations, and government and non-profit entities. Further, the company has alternative asset management funds in merchant banking and healthcare to invest firm capital and to manage capital from outside investors; equity and debt capital markets products; public finance services; institutional brokerage services; fundamental equity and macro research services; alternative asset management strategies; and fixed income sales and trading solutions to banks, registered investment advisors, public entities, credit unions, asset managers, and insurance companies. The company was formerly known as Piper Jaffray Companies and changed its name to Piper Sandler Companies in January 2020. Piper Sandler Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.
Sector: Security Brokers, Dealers & Flotation Companies
Industry: Investment - Banking & Investment Services
Piper Sandler Companies
NYSE:PIPRFinancial Services · Investment - Banking & Investment Services
-1.39%$64.63
AH Close$64.63+0.00%vs close
AH Close$64.63+0.00%vs close
Mkt Cap$4.57B
Float68.6M
O/S70.67M
Inst Own87.3%
SI4.0%
Div Yield3.09%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.9B
Net Income$281.33M
Total Assets$2.59B
Free Cash Flow$697.53M
Debt & Equity
Debt 8%
Equity 92%
Total Debt$116.35M
Total Equity$1.37B
Shares Outstanding
Short Interest
Split History1 split
- 4:1Forward splitMar 24, 20261 share → 4
Balance Sheet Details
Assets$2.59B
Liabilities$1.01B
Accounts Receivable$87.86M
Accounts Payable$22.36M
Inventory$0
PP&E (Net)$141.33M
Goodwill$319.26M
Intangible Assets$99.6M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $1.9B | $1.48B | $1.31B | $1.38B | $1.98B | $1.2B | $810.29M | $724.37M | $835.72M | $762.22M | $688.52M | $665.59M | $541.96M | $499.99M | $443.88M | $503.38M | $486.88M | $313.52M | $528.07M | $537.35M | $453.8M | $456.63M | $806.24M | $763.37M | $95.44M | $144.31M |
| YoY Growth | 28.6% | 13.1% | -5.3% | -30.2% | 65.8% | 47.6% | 11.9% | -13.3% | 9.6% | 10.7% | 3.4% | 22.8% | 8.4% | 12.6% | -11.8% | 3.4% | 55.3% | -40.6% | -1.7% | 18.4% | -0.6% | -43.4% | 5.6% | 699.9% | -33.9% | - |
| Cost of Revenue | $121.76M | $5.68M | $10.15M | $9.48M | $10.73M | $14.45M | $11.73M | $16.55M | $20.27M | $22.52M | $23.4M | $25.07M | $25.04M | $19.09M | $20.72M | $34.79M | $18.09M | $18.66M | $23.69M | $32.3M | $32.49M | $22.42M | $19.51M | $34.31M | $79.22M | $128.18M |
| Gross Profit | $1.78B | $1.48B | $1.3B | $1.37B | $1.97B | $1.18B | $798.56M | $707.82M | $815.46M | $739.7M | $665.12M | $640.52M | $516.92M | $480.9M | $423.16M | $468.59M | $468.79M | $294.87M | $504.38M | $505.05M | $421.31M | $434.21M | $786.73M | $729.05M | $16.22M | $16.13M |
| Gross Margin | 93.6% | 99.6% | 99.2% | 99.3% | 99.5% | 98.8% | 98.6% | 97.7% | 97.6% | 97.0% | 96.6% | 96.2% | 95.4% | 96.2% | 95.3% | 93.1% | 96.3% | 94.0% | 95.5% | 94.0% | 92.8% | 95.1% | 97.6% | 95.5% | 17.0% | 11.2% |
| 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 |
| Selling, General, and Administrative | $1.27B | $1.05B | $934.77M | $1.03B | $1.33B | $890.93M | $544.87M | $515.42M | $618.31M | $541.02M | $451.72M | $421.77M | $344.07M | $316.79M | $287.65M | $301.69M | $334.88M | $353.78M | $356.43M | $382.63M | $265.37M | $275.85M | $521.43M | $493.44M | $513.62M | $662.59M |
| Other | $122.56M | $210.76M | $242.45M | $212.84M | $204.03M | $221.72M | $134.71M | $119.91M | $117.83M | $229.56M | $126.98M | $108.44M | $97.25M | $95.1M | $215.69M | $113.08M | $77.36M | $164.69M | $117.52M | $89.06M | $119.91M | $109.32M | $223.47M | $229.65M | -$423.52M | -$685.65M |
| Total Operating Expenses | $1.4B | $1.26B | $1.18B | $1.24B | $1.53B | $1.11B | $679.58M | $635.33M | $736.14M | $770.57M | $578.7M | $530.21M | $441.31M | $411.89M | $503.35M | $414.77M | $412.24M | $518.48M | $473.95M | $471.7M | $385.28M | $385.17M | $744.9M | $723.09M | $90.1M | -$23.06M |
| Operating Income (EBIT) | $385.53M | $218.41M | $122.59M | $134.37M | $441.51M | $68.55M | $118.98M | $72.49M | $79.32M | -$30.87M | $86.42M | $110.31M | $75.61M | $69.01M | -$80.19M | $53.82M | $56.55M | -$223.61M | $30.43M | $33.35M | $36.03M | $49.04M | $41.83M | $5.96M | -$73.88M | $39.19M |
| Operating Margin | 20.2% | 14.7% | 9.4% | 9.7% | 22.3% | 5.7% | 14.7% | 10.0% | 9.5% | -4.1% | 12.6% | 16.6% | 14.0% | 13.8% | -18.1% | 10.7% | 11.6% | -71.3% | 5.8% | 6.2% | 7.9% | 10.7% | 5.2% | 0.8% | -77.4% | 27.2% |
| Interest Expense | $4.84M | $5.68M | $10.15M | $9.48M | $10.73M | $14.45M | $11.73M | $16.55M | $20.27M | $22.52M | $23.4M | $25.07M | $25.04M | $19.09M | $20.72M | $34.79M | $18.09M | $18.66M | $23.69M | $32.3M | $32.49M | $22.42M | $19.51M | $34.31M | $79.22M | $128.18M |
| Interest Income | $70.15M | $32.91M | $26.72M | $20.36M | $6.97M | $13.16M | $26.74M | $32.75M | $31.95M | $33.07M | $41.56M | $48.72M | $50.41M | $37.84M | $43.45M | $51.7M | $40.65M | $16.97M | $60.87M | $64.11M | $44.86M | $35.72M | $45.28M | $59.69M | $95.44M | $144.31M |
| Other Income (Expense) | -$10.98M | $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 |
| Income Before Tax (EBT) | $374.55M | $218.41M | $122.59M | $134.37M | $441.51M | $68.55M | $118.98M | $72.49M | $79.32M | -$30.87M | $86.42M | $110.31M | $75.61M | $69.01M | -$80.19M | $53.82M | $56.55M | -$223.61M | $30.43M | $33.35M | $36.03M | $49.04M | $41.83M | $5.96M | -$73.88M | $39.19M |
| Income Tax Expense | $80.58M | $60.97M | $23.61M | $33.19M | $111.14M | $19.19M | $24.58M | $18.05M | $53.81M | -$17.13M | $27.94M | $35.99M | $20.39M | $19.47M | $9.12M | $32.16M | $26.18M | -$40.13M | $5.79M | $10.21M | $10.86M | $16.73M | $15.84M | $5.86M | -$23.83M | $18.48M |
| Net Income | $281.33M | $181.11M | $85.49M | $110.67M | $278.51M | $40.5M | $111.71M | $57.04M | -$61.94M | -$21.95M | $52.08M | $63.17M | $45.09M | $41.27M | -$102.02M | $24.36M | $30.37M | -$182.97M | $21.94M | $195.43M | $40.08M | $50.35M | $26M | $106K | -$50.05M | $20.71M |
| Net Income Margin | 14.8% | 12.2% | 6.5% | 8.0% | 14.0% | 3.4% | 13.8% | 7.9% | -7.4% | -2.9% | 7.6% | 9.5% | 8.3% | 8.3% | -23.0% | 4.8% | 6.2% | -58.4% | 4.2% | 36.4% | 8.8% | 11.0% | 3.2% | 0.0% | -52.4% | 14.3% |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | 4.22 | 2.86 | 1.43 | 1.98 | 4.88 | 0.73 | 1.37 | 0.94 | -1.27 | -0.43 | 0.83 | 0.97 | 0.68 | 0.56 | -1.63 | 0.31 | 0.39 | -2.89 | 0.33 | 2.71 | 0.53 | 0.65 | 0.34 | 0.00 | -0.65 | 0.27 |
| Diluted EPS | 3.96 | 2.56 | 1.24 | 1.63 | 4.11 | 0.68 | 1.93 | 0.93 | -1.27 | -0.43 | 0.83 | 0.97 | 0.68 | 0.56 | -1.63 | 0.31 | 0.39 | -2.89 | 0.30 | 2.52 | 0.53 | 0.65 | 0.34 | 0.00 | -0.65 | 0.27 |
| Weighted Average OS | 66.63M | 63.35M | 59.83M | 55.93M | 57.06M | 55.12M | 54.22M | 52.94M | 51.23M | 50.70M | 57.47M | 59.88M | 60.18M | 62.46M | 62.69M | 61.39M | 63.81M | 63.35M | 65.90M | 72.01M | 75.25M | 77.33M | 76.95M | 76.64M | 77.12M | 76.24M |
| EBITDA | $412.92M | $245.48M | $159.96M | $165.38M | $484.22M | $123.97M | $138.1M | $91.31M | $101.97M | -$3.25M | $99.14M | $124.85M | $89.32M | $83.69M | -$64.58M | $68.57M | $66.22M | -$212.03M | $41.79M | $47.59M | $55.77M | $70.56M | $64.72M | $30.61M | -$53.48M | $59.29M |
| EBITDA Margin | 21.7% | 16.6% | 12.2% | 12.0% | 24.4% | 10.4% | 17.0% | 12.6% | 12.2% | -0.4% | 14.4% | 18.8% | 16.5% | 16.7% | -14.5% | 13.6% | 13.6% | -67.6% | 7.9% | 8.9% | 12.3% | 15.5% | 8.0% | 4.0% | -56.0% | 41.1% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $809.41M | $482.83M | $383.1M | $365.62M | $970.97M | $507.94M | $250.02M | $50.36M | $33.79M | $41.36M | $189.91M | $15.87M | $123.68M | $105.37M | $85.81M | $50.6M | $61.95M | $78.32M | $201.59M | $70.13M | $125.25M | $138.27M | $217.01M | $32.62M | $27.7M | $0 |
| Short-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 | $0 | $0 |
| Cash and Short-Term Investments | $809.41M | $482.83M | $383.1M | $365.62M | $970.97M | $507.94M | $250.02M | $50.36M | $33.79M | $41.36M | $189.91M | $15.87M | $123.68M | $105.37M | $85.81M | $50.6M | $61.95M | $78.32M | $201.59M | $70.13M | $125.25M | $138.27M | $217.01M | $32.62M | $27.7M | $0 |
| Accounts Receivable | $87.86M | $271.67M | $245.71M | $350.61M | $305.53M | $260.33M | $307.32M | $0 | $0 | $0 | $213.62M | $204.69M | $0 | $0 | $41.5M | $285.85M | $349.78M | $198.3M | $310.96M | $403.66M | $806.65M | $1B | $740.5M | $818.44M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $479.8M | $663.33M | $464.61M | $283.58M | $507.79M | $406.51M | $384.79M | $391.69M | $358.34M | $662.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $53.03M | -$268.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.29B | $1.1B | $868.43M | $932.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $924.94M | $834.01M | $383.1M | $734.9M | $1.3B | $782.85M | $568.02M | $50.36M | $33.79M | $41.36M | $189.91M | $15.87M | $235.73M | $150.25M | $127.31M | $1.63B | $1.51B | $1.15B | $1.39B | -$1.58M | $931.9M | $1.14B | $957.51M | $851.06M | $27.7M | $0 |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $141.33M | $126.02M | $130.16M | $155.95M | $123.1M | $126.36M | $69.88M | $32.62M | $25.18M | $25.34M | $18.98M | $18.17M | $16.11M | $15.09M | $21.79M | $21.48M | $16.6M | $20.03M | $27.21M | $25.29M | $55.12M | $53.97M | $60.76M | $69.06M | $0 | $0 |
| Goodwill | $319.26M | $312.02M | $301.76M | $301.15M | $227.51M | $227.51M | $87.65M | $81.86M | $81.86M | $196.22M | $217.98M | $211.88M | $210.63M | $196.84M | $202.35M | $322.59M | $164.63M | $0 | $310.96M | $403.66M | $806.65M | $1B | $740.5M | $818.44M | $0 | $0 |
| Intangible Assets | $99.6M | $107.5M | $116.2M | $135.64M | $119.78M | $149.86M | $16.69M | $12.37M | $22.83M | $37.23M | $30.53M | $30.66M | $39.93M | $41.26M | $51.3M | $59.58M | $12.07M | $198.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $818.16M | $678.67M | $666.66M | $646.37M | $494.51M | $459.55M | $597.46M | $631.76M | $839.54M | $632.67M | $447.44M | $634.63M | $518.56M | $470.56M | $797.58M | $874.15M | $799.99M | $577.42M | $771.96M | $866.53M | $753.9M | $984.72M | $657.61M | $473.68M | $0 | $0 |
| Deferred Tax Assets | $156.12M | $185.66M | $209.52M | $191M | $158.2M | $104.22M | $68.03M | $101.86M | $101.2M | -$25.34M | -$18.98M | -$18.17M | -$16.11M | -$15.09M | -$21.79M | -$21.48M | -$16.6M | -$195.14M | -$329.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $133.24M | -$702.74M | $333.58M | $16.55M | $146.72M | $146.79M | $220.99M | $434.44M | $920.27M | $1.22B | $1.25B | $1.73B | $1.31B | $1.23B | $477.18M | -$852.67M | -$783.39M | -$402.32M | -$771.96M | -$1.12B | -$1.13B | -$1.36B | -$1.02B | -$848.38M | $0 | $0 |
| Total Long-Term Assets | $1.67B | $707.13M | $1.76B | $1.45B | $1.27B | $1.21B | $1.06B | $1.29B | $1.99B | $2.08B | $1.95B | $2.61B | $2.08B | $1.94B | $1.53B | $403.65M | $193.29M | $175.1M | $329.16M | $1.12B | $1.13B | $1.36B | $1.02B | $848.38M | $0 | $0 |
| Other Assets | $0 | $714.79M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $728.58M | $293.03M | $327.75M | $399.13M | $351.41M | $2.73B | $2.74B |
| Total Assets | $2.59B | $2.26B | $2.14B | $2.18B | $2.57B | $2B | $1.63B | $1.35B | $2.02B | $2.13B | $2.14B | $2.62B | $2.32B | $2.09B | $1.66B | $2.03B | $1.7B | $1.32B | $1.72B | $1.85B | $2.35B | $2.83B | $2.38B | $2.05B | $2.73B | $2.74B |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $22.36M | $5.86M | $979K | $4.62M | $13.25M | $18.59M | $7.51M | $8.66M | $19.39M | $40.84M | $48.13M | $25.56M | $27.72M | $60.16M | $35.44M | $70.33M | $48.18M | $34.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $15M | $10M | $30M | $0 | $0 | $0 | $49.98M | $49.95M | $289.94M | $0 | $0 | $377.77M | $0 | $477.01M | $193.7M | $193.59M | $90.08M | $9M | $0 | $0 | $0 | $0 | $159M | $250.04M | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$44.67M | $980K | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $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 |
| Other Current Liabilities | $3.3M | $20.35M | $104.36M | $55.69M | $124.47M | $0 | $0 | -$58.61M | -$309.33M | -$70.19M | -$85.5M | -$416.66M | -$60.83M | $775.22M | $454.2M | $683.85M | $491.92M | -$234.61M | -$122.39M | -$308.68M | -$386.68M | -$539.64M | $857.09M | $554.32M | $0 | $0 |
| Total Current Liabilities | $40.66M | $36.22M | $135.33M | $60.31M | $137.72M | $18.59M | $57.49M | $617.87M | $916.41M | $772.42M | $733.67M | $1.3B | $943.8M | $1.35B | $822.3M | $1.1B | $924.7M | $572.2M | $810.6M | $927.4M | $1.42B | $1.92B | $1.53B | $1.23B | $1.89B | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $40.44M | $125M | $125M | $195M | $175M | $0 | $125M | $175M | $175M | $125M | $125M | $125M | $90M | $125M | $120M | $0 | $0 | $0 | $180M | $180M | $180M | $215M | $475M | $475M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $577.59M | -$8.61M | -$9.28M | -$21.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.75M | $8.61M | $9.28M | $21.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $867.84M | $715.13M | $572.01M | $632.45M | $986.11M | $757.99M | $532.53M | $0 | -$125M | -$175M | -$175M | -$125M | -$125M | -$125M | -$90M | -$125M | -$120M | $0 | $0 | $0 | -$180M | -$180M | -$180M | -$215M | -$475M | -$475M |
| Total Long-Term Liabilities | $969.2M | $803.95M | $706.18M | $867.22M | $1.2B | $1.05B | $764.7M | $49.95M | $414.94M | $593.83M | $621.19M | $502.77M | $639.7M | $125M | $115M | $125M | $120M | $0 | $0 | $0 | $180M | $180M | $180M | $215M | $475M | $475M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$52.97M | -$47.9M | -$57.02M | -$49.16M | -$149.55M | -$147.41M | -$181.84M | -$32.18M | -$25K | -$119.99M | $0 | $0 | $8K | -$36K | $29K | -$48K | -$17K | -$11.15M | $1.9B |
| Total Liabilities | $1.01B | $840.16M | $841.51M | $927.53M | $1.34B | $1.07B | $822.19M | $614.85M | $1.28B | $1.31B | $1.31B | $1.65B | $1.44B | $1.3B | $905.12M | $1.22B | $924.71M | $572.2M | $810.6M | $927.41M | $1.6B | $2.1B | $1.71B | $1.44B | $2.36B | $2.37B |
| Stockholders' Equity | ||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $398K | $279K | $0 | $0 | $0 | $104K | $333K | $395K | $273K | $0 | $463K | $0 | $342K | $382K | $3.87M | $0 | $0 | $0 | $0 |
| Common Stock | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $195K | $193K | $193K | $0 | $0 | $0 |
| Retained Earnings | $728.93M | $561.75M | $454.36M | $453.31M | $450.17M | $271M | $258.67M | $182.55M | $176.27M | $257.19M | $279.14M | $227.06M | $163.89M | $118.8M | $77.53M | $179.56M | $155.19M | $124.82M | $367.9M | $325.68M | $90.43M | $50.35M | $0 | $0 | $0 | $0 |
| Comprehensive Income & Other | $2.73M | -$1.18M | -$894K | -$2.5M | -$964K | -$197K | -$872K | -$1.4M | -$1.28M | -$2.6M | -$189K | $377K | $896K | $667K | $605K | $727K | $1.12M | -$1.46M | $1.22M | $658K | -$4.38M | -$3.87M | $0 | $609.86M | $0 | $0 |
| Other Stockholders' Equity | $641.88M | $665.89M | $630.95M | $600.57M | $611.85M | $558.23M | $472.42M | $494.7M | $516.87M | $501.87M | $504.32M | $592.65M | $570.59M | $614.29M | $640.66M | $633.56M | $623.23M | $622.96M | $544.49M | $598.56M | $664.2M | $674.89M | $669.6M | $609.86M | $378.72M | $362.33M |
| Total Equity | $1.37B | $1.23B | $1.09B | $1.05B | $1.06B | $829.42M | $731.28M | $677.44M | $693.33M | $759.25M | $783.66M | $819.91M | $734.68M | $733.29M | $718.39M | $813.31M | $778.62M | $747.98M | $912.59M | $924.44M | $754.83M | $725.43M | $669.79M | $609.86M | $378.72M | $362.33M |
| Minority Interest | $211.79M | $187.94M | $213.97M | $199.96M | $164.65M | $96.66M | $75.25M | $52.97M | $47.9M | $57.02M | $49.16M | $149.55M | $147.4M | $56.88M | $32.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.38B | $2.07B | $1.93B | $1.98B | $2.4B | $1.9B | $1.55B | $1.29B | $1.98B | $2.07B | $2.09B | $2.47B | $2.17B | $2.03B | $1.62B | $2.03B | $1.7B | $1.32B | $1.72B | $1.85B | $2.35B | $2.83B | $2.38B | $2.05B | $2.73B | $2.74B |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $116.35M | $98.82M | $164.16M | $234.77M | $214.63M | $294.48M | $282.15M | $49.95M | $414.94M | $593.83M | $621.19M | $502.77M | $639.71M | $602.01M | $281.18M | $318.59M | $210.08M | $9M | $247.2M | $91.3M | $180M | $180M | $339M | $465.04M | $475M | $475M |
| Net Debt | -$693.06M | -$384.01M | -$218.93M | -$130.85M | -$756.34M | -$213.46M | $32.13M | -$411K | $381.14M | $552.47M | $431.28M | $486.9M | $516.03M | $496.64M | $195.37M | $267.99M | $148.13M | -$69.32M | $45.61M | $21.17M | $54.75M | $41.73M | $121.99M | $432.43M | $447.3M | $475M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | $281.33M | $157.44M | $98.97M | $101.18M | $330.37M | $49.36M | $118.17M | $55.83M | -$59.55M | -$13.75M | $58.48M | $74.33M | $50.48M | $43.73M | -$100.56M | $23.93M | $30.37M | -$182.97M | $21.94M | $195.43M | $40.08M | $50.35M | $26M | $106K | -$50.05M | $20.71M |
| Depreciation & Amortization | $27.39M | $27.07M | $37.37M | $31.01M | $42.71M | $55.43M | $19.12M | $18.82M | $22.65M | $27.62M | $12.72M | $14.54M | $13.71M | $14.67M | $15.61M | $14.75M | $9.67M | $11.57M | $11.36M | $14.24M | $19.73M | $21.52M | $22.89M | $24.65M | $20.4M | $20.1M |
| Deferred Income Tax | $0 | $17.62M | $11.43M | -$32.8M | -$53.98M | -$36.18M | $11.32M | -$652K | -$3.37M | -$31.02M | -$20.96M | -$10.84M | -$2.63M | $11.46M | $17.1M | $17.88M | $7.36M | -$5.82M | $687K | $4.53M | -$475K | $6.55M | -$6.49M | -$11.39M | $800K | -$20M |
| Stock-Based Compensation | $0 | $103.36M | $93.77M | $131.2M | $171.45M | $121.69M | $32M | $44.28M | $39.83M | $55.98M | $48.75M | $28.76M | $21.6M | $20.64M | $22.8M | $31.27M | $41.21M | $0 | $292K | $300K | $0 | $300K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||
| Accounts Receivable | $120.88M | $37.51M | $88.46M | -$43.39M | -$32.64M | $254.29M | -$46.21M | -$89.88M | $99.25M | -$55.51M | -$18.45M | -$31.92M | $23.17M | -$13.06M | $18.71M | $28.89M | -$156.79M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $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 |
| Accounts Payable | $16.5M | $0 | $0 | -$8.63M | -$5.34M | $11.08M | -$1.14M | -$10.73M | -$21.45M | -$7.29M | $22.57M | -$2.16M | -$33.56M | $24.72M | -$3.36M | $3.69M | $14.01M | -$57.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $118.74M | -$46.39M | -$65.19M | -$412.81M | $245.02M | $320.57M | -$37.09M | $487M | $4.54M | -$70.94M | $270.03M | -$128.09M | -$38.78M | -$329.14M | $39.71M | -$208.11M | -$76.13M | $91.72M | $56.81M | $22.8M | $16.28M | -$88.9M | $112.25M | $283.88M | -$1.89B | $0 |
| Total Working Capital Change | $256.12M | -$8.88M | $23.27M | -$464.82M | $207.04M | $585.94M | -$84.44M | $386.38M | $82.34M | -$133.74M | $274.15M | -$162.17M | -$49.17M | -$317.48M | $121.71M | -$121.78M | -$210.45M | $87.51M | $56.81M | $22.8M | $16.28M | -$88.9M | $112.25M | $283.88M | -$1.89B | $181.8M |
| Other Non-Cash Items | $167.36M | $16.64M | $10.82M | $9.32M | $9.51M | $3.54M | -$28.39M | $5.14M | $121.1M | $91.69M | $6.38M | $5.32M | $8.18M | $15.19M | $128.66M | $7.68M | $5.27M | $130.5M | $59.99M | -$284.6M | $19.57M | $7.29M | $4.38M | $83K | $1.93B | $30.19M |
| Net Cash from Operating | $732.19M | $313.25M | $275.63M | -$224.91M | $707.09M | $779.76M | $67.8M | $509.85M | $232.12M | $48.78M | $379.52M | -$50.07M | $46.56M | -$211.78M | $203.2M | -$27.25M | -$116.57M | $62.12M | $135.38M | -$72.41M | $99.68M | -$2.07M | $159.03M | $297.33M | $11.6M | $232.8M |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -$34.66M | -$15.5M | -$10.05M | -$30.6M | -$20.58M | -$17.58M | -$6.52M | -$15.86M | -$8.1M | -$11.02M | -$5.91M | -$7.39M | -$5.48M | -$2.13M | -$7.65M | -$11.76M | -$3.65M | -$2.39M | -$9.67M | -$8.31M | -$19.74M | -$14.71M | -$15.11M | -$5.8M | -$41M | -$42.8M |
| Acquisitions | -$8.99M | -$16.27M | $0 | -$96.5M | $0 | -$417.41M | $33.21M | $0 | $0 | -$72.71M | -$11.74M | $0 | -$24.48M | $0 | -$56K | -$186.85M | $0 | -$6.28M | -$85.89M | $0 | $0 | -$16.62M | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$145.57M | $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 |
| Sales of Investments | $11.21M | $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 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.5M | $2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $715.68M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$178.01M | -$31.77M | -$10.05M | -$127.1M | -$20.58M | -$435M | $26.69M | -$15.8M | -$7.99M | -$83.73M | -$16.15M | -$5.39M | -$29.95M | -$2.13M | -$7.7M | -$198.6M | -$3.65M | -$8.67M | -$95.56M | $707.37M | -$15.26M | -$30.21M | -$15.11M | -$5.8M | -$41M | -$42.8M |
| Financing Activities | ||||||||||||||||||||||||||
| Debt Repaid | - | - | $125M | - | $70M | - | -$175M | $125M | $50M | - | -$50M | -$98.25M | - | -$10M | $10M | $24.29M | -$120M | - | - | $180M | -$11.77M | -$41.74M | $35M | $260M | - | - |
| Common Stock Issuance | $4.25M | $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 |
| Common Stock Repurchases | -$125.04M | -$66.43M | -$70.68M | -$187.33M | -$69.9M | -$21.96M | -$50.58M | -$70.9M | -$25.48M | -$70.86M | -$132.93M | -$10.85M | -$71.46M | -$47.16M | -$26.53M | -$57.82M | -$28.5M | -$23.83M | -$87.54M | $0 | -$42.61M | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$114.15M | -$73.73M | -$84.44M | -$107.53M | -$99.35M | -$28.17M | -$35.59M | -$47.16M | -$18.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$3.12M | $538K | $44.8M | $16.13M | $12.56M | $15.81M | $6.28M | -$9.8M | -$13.34M | -$174.46M | $95.78M | $39.56M | -$36.87M | -$96.22M | $213.08M | -$58.67M | -$138.64M | $2.07M | $0 | $11.77M | $41.74M | $33.94M | $231.03M | -$20.6M | -$159.2M |
| Net Cash from Financing | -$229.94M | -$180.61M | -$249.59M | -$250.06M | -$223.12M | -$87.56M | $104.66M | -$476.77M | -$233.12M | -$111.56M | -$188.96M | -$52.02M | $1.4M | $234.28M | -$160.16M | $232.69M | $113.91M | -$153.47M | $70.84M | -$657.16M | -$86.29M | $16.36M | -$92.1M | -$286.63M | -$20.6M | -$159.2M |
| Forex Effect | $2.34M | -$1.14M | $1.48M | -$3.27M | -$363K | $702K | $508K | -$651K | $1.53M | -$2.05M | -$369K | -$343K | $303K | -$17K | -$130K | -$162K | $402K | -$480K | -$211K | $1.23M | -$164K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $326.58M | $99.74M | $17.47M | -$605.34M | $463.03M | $257.92M | $199.65M | $16.57M | -$7.57M | -$148.55M | $174.04M | -$107.82M | $18.31M | $20.35M | $35.2M | $6.66M | -$5.91M | -$100.5M | $110.44M | -$20.97M | -$6.52M | -$17.05M | $51.82M | $4.91M | -$50M | $30.8M |
| Supplementary Data | ||||||||||||||||||||||||||
| Operating Cash Flow | $732.19M | $313.25M | $275.63M | -$224.91M | $707.09M | $779.76M | $67.8M | $509.85M | $232.12M | $48.78M | $379.52M | -$50.07M | $46.56M | -$211.78M | $203.2M | -$27.25M | -$116.57M | $62.12M | $135.38M | -$72.41M | $99.68M | -$2.07M | $159.03M | $297.33M | $11.6M | $232.8M |
| Capital Expenditure | -$34.66M | -$15.5M | -$10.05M | -$30.6M | -$20.58M | -$17.58M | -$6.52M | -$15.86M | -$8.1M | -$11.02M | -$5.91M | -$7.39M | -$5.48M | -$2.13M | -$7.65M | -$11.76M | -$3.65M | -$2.39M | -$9.67M | -$8.31M | -$19.74M | -$14.71M | -$15.11M | -$5.8M | -$41M | -$42.8M |
| Free Cash Flow | $697.53M | $297.76M | $265.58M | -$255.51M | $686.51M | $762.18M | $61.28M | $493.99M | $224.02M | $37.77M | $373.61M | -$57.46M | $41.08M | -$213.91M | $195.56M | -$39.01M | -$120.22M | $59.73M | $125.71M | -$80.72M | $79.94M | -$16.78M | $143.92M | $291.53M | -$29.4M | $190M |
| Cash at Beginning | $482.83M | $383.1M | $365.62M | $970.97M | $507.94M | $250.02M | $50.36M | $33.79M | $41.36M | $189.91M | $15.87M | $123.68M | $105.37M | $85.02M | $50.6M | $43.94M | $49.85M | $150.35M | $39.9M | $60.87M | $67.39M | $84.44M | $32.62M | $27.71M | $0 | $50.36M |
| Cash at End | $809.41M | $482.83M | $383.1M | $365.62M | $970.97M | $507.94M | $250.02M | $50.36M | $33.79M | $41.36M | $189.91M | $15.87M | $123.68M | $105.37M | $85.81M | $50.6M | $43.94M | $49.85M | $150.35M | $39.9M | $60.87M | $67.39M | $84.44M | $32.62M | -$50M | $81.16M |