ROYCE SMALL-CAP TRUST, INC. (RVT)
Royce Value Trust Inc. operates as a closed-end investment trust focused on equities, managed by Royce & Associates, LLC. It primarily allocates its capital to publicly traded companies within the United States. The trust strategically diversifies its holdings across numerous economic sectors, specifically seeking out value-focused stocks from businesses categorized as small-cap and micro-cap. To assess its portfolio's effectiveness, the fund's returns are measured against the Russell 2000 Index. Royce Value Trust Inc. was established on July 1, 1986, and maintains its legal residence in the United States.
Industry: Asset Management
Royce Value Trust Inc.
NYSE:RVTFinancial Services · Asset Management
+0.96%$16.82
AH Close$16.82+0.00%vs close
AH$16.82+0.00%vs close
Mkt Cap$2.06B
Float122.26M
O/S122.36M
Inst Own31.8%
SI<0.1%
Div Yield8.80%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$202.76M
Net Income$262.2M
Total Assets$2.17B
Free Cash Flow$5.44M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$2.16B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in RVT's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.17B
Liabilities$4.5M
Accounts Receivable$3.04M
Accounts Payable$2.51M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | 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 |
| Revenue | $202.76M | $23.6M | $137.36M | -$458.18M | $364.81M | $322.35M | $387.06M | -$217.27M | $240.89M | $18.02M | $17.27M | $16.88M | $18.23M | $23.54M | $17.25M | $17.64M | $12.22M | $21.92M | $22.22M | $21.44M | $14.83M | $9.08M | $7.88M | $10.46M | $12.72M | $15.29M | $14.26M | $12.52M | $11.62M | $9.16M | $7.16M |
| YoY Growth | 759.2% | -82.8% | -130.0% | -225.6% | 13.2% | -16.7% | -278.1% | -190.2% | 1236.5% | 4.4% | 2.3% | -7.4% | -22.6% | 36.5% | -2.2% | 44.4% | -44.3% | -1.4% | 3.6% | 44.6% | 63.3% | 15.2% | -24.7% | -17.8% | -16.8% | 7.2% | 13.9% | 7.7% | 26.9% | 27.9% | - |
| Cost of Revenue | $20.23M | $255K | $21.4M | $14.39M | $23.17M | $18.56M | $8.69M | $7.43M | $6.92M | $7.52M | $7.32M | $7.07M | $8.8M | $6.71M | $9.82M | $1.48M | $390K | $12.36M | $16.33M | $13.8M | $13.81M | $12.91M | $10.63M | $11.09M | $10.03M | $8.21M | $6.7M | $6.17M | $4.11M | $4.07M | $5.53M |
| Gross Profit | $182.53M | $23.6M | $115.96M | -$472.56M | $341.64M | $22.65M | $378.38M | -$224.7M | $233.97M | $10.51M | $9.95M | $9.81M | $9.43M | $16.83M | $7.43M | $16.16M | $11.83M | $9.56M | $5.89M | $7.64M | $1.02M | -$3.83M | -$2.75M | -$630K | $2.69M | $7.08M | $7.56M | $6.35M | $7.51M | $5.09M | $1.63M |
| Gross Margin | 90.0% | 100.0% | 84.4% | 103.1% | 93.6% | 7.0% | 97.8% | 103.4% | 97.1% | 58.3% | 57.6% | 58.1% | 51.7% | 71.5% | 43.1% | 91.6% | 96.8% | 43.6% | 26.5% | 35.6% | 6.9% | -42.2% | -34.9% | -6.0% | 21.1% | 46.3% | 53.0% | 50.7% | 64.6% | 55.6% | 22.8% |
| 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 |
| Selling, General, and Administrative | $803K | $22.52M | $728K | $2.11M | $1.94M | $1.74M | $1.76M | $1.53M | $1.4M | $7.14M | $7.18M | $6.99M | $7.99M | $670K | $700K | $610K | $690K | $710K | $660K | $660K | $700K | $620K | $600K | $620K | $690K | $680K | $690K | $760K | $880K | $620K | $600K |
| Other | -$81.38M | $0 | $287K | $319K | $1.11M | $17.29M | $770K | $499K | $446K | $148K | $137K | $123K | $280K | -$50K | $0 | $0 | $0 | $0 | -$60K | -$10K | -$10K | $0 | $0 | $0 | $10K | -$10K | $10K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | -$80.58M | $22.52M | $1.02M | $2.43M | $3.06M | $19.03M | $2.53M | $2.03M | $1.84M | $255.08M | $121.49M | $16.52M | $354.63M | $620K | $700K | $610K | $690K | $710K | $600K | $650K | $690K | $620K | $600K | $620K | $700K | $670K | $700K | $760K | $880K | $620K | $600K |
| Operating Income (EBIT) | $263.11M | $1.08M | $331.88M | -$458.77M | $361.75M | $3.62M | $384.54M | -$217.62M | $240.62M | $10.89M | $10.09M | $9.9M | $10.24M | $16.21M | $6.74M | $15.55M | $11.14M | $8.86M | $5.3M | $7M | $320K | -$4.45M | -$3.36M | -$1.25M | $2M | $6.41M | $6.87M | $5.59M | $6.63M | $4.47M | $1.03M |
| Operating Margin | 129.8% | 4.6% | 241.6% | 100.1% | 99.2% | 1.1% | 99.3% | 100.2% | 99.9% | 60.4% | 58.4% | 58.6% | 56.2% | 68.9% | 39.1% | 88.2% | 91.2% | 40.4% | 23.9% | 32.6% | 2.2% | -49.0% | -42.6% | -12.0% | 15.7% | 41.9% | 48.2% | 44.6% | 57.1% | 48.8% | 14.4% |
| Interest Expense | $909K | $255K | $1.12M | $1.83M | $789K | $1.14M | $2.32M | $1.68M | $1.57M | $262.22M | $0 | $0 | $362.61M | $138.6M | $35.92M | $111.09M | -$78.73M | $41.8M | $116.34M | $109.96M | $104.57M | $100.86M | $74.99M | $62.93M | $53.96M | $58.27M | $61.4M | $53.55M | $29.2M | $33.67M | $32.58M |
| Interest Income | $27.99M | $67K | $785K | $547K | $71K | $95K | $196K | $257K | $156K | $1K | $899K | $773K | $2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$910K | $218.6M | -$2.24M | -$1.83M | -$829K | $316.28M | $0 | -$1.68M | $226.51M | $261.02M | -$115.22M | -$10.31M | $360.94M | $138.6M | -$107.96M | $254.53M | $258.99M | -$525.94M | $65.46M | $203.2M | $94.2M | $195.74M | $284.13M | -$92.78M | $100.4M | $93.54M | $59.58M | $21.79M | $109.89M | $52.41M | $61.61M |
| Income Before Tax (EBT) | $262.2M | $219.68M | $329.64M | -$460.6M | $361.75M | $319.91M | $384.54M | -$219.3M | $239.05M | $271.9M | -$105.12M | -$409K | $371.18M | $154.81M | -$101.22M | $270.08M | $270.13M | -$517.08M | $70.76M | $210.2M | $94.52M | $191.29M | $280.77M | -$94.03M | $102.4M | $99.95M | $66.45M | $27.38M | $116.52M | $56.88M | $62.64M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18K | $13K | $0 | $0 | $0 | $0 | -$277.2M | $72.04M | -$365.62M | -$180.26M | $484.14M | -$181.8M | -$313.16M | -$198.77M | -$296.6M | -$359.12M | $29.85M | -$154.36M | -$151.81M | -$120.98M | -$75.34M | -$139.09M | -$86.08M | -$94.19M |
| Net Income | $262.2M | $219.68M | $329.64M | -$460.6M | $361.75M | $319.91M | $384.54M | -$219.3M | $239.05M | $271.9M | -$105.12M | -$409K | $371.18M | $432.01M | -$173.26M | $635.7M | $450.39M | -$1B | $252.56M | $523.36M | $293.29M | $487.89M | $639.89M | -$123.88M | $256.76M | $251.76M | $187.43M | $102.72M | $255.61M | $142.96M | $156.83M |
| Net Income Margin | 129.3% | 930.9% | 240.0% | 100.5% | 99.2% | 99.2% | 99.3% | 100.9% | 99.2% | 1508.5% | -608.8% | -2.4% | 2036.2% | 1835.2% | -1004.4% | 3603.7% | 3685.7% | -4567.6% | 1136.6% | 2441.0% | 1977.7% | 5373.2% | 8120.4% | -1184.3% | 2018.6% | 1646.6% | 1314.4% | 820.4% | 2199.7% | 1560.7% | 2190.4% |
| Supplementary Data | |||||||||||||||||||||||||||||||
| EPS | 2.18 | 1.87 | 2.95 | -4.34 | 3.50 | 3.14 | 3.92 | -2.31 | 2.85 | 3.32 | -1.33 | -0.01 | 5.16 | 6.15 | -2.54 | 9.62 | 6.82 | -15.55 | 4.21 | 9.14 | 5.36 | 9.31 | 12.81 | -2.92 | 6.45 | 6.95 | 5.39 | 3.15 | 8.90 | 5.48 | 6.86 |
| Diluted EPS | 2.18 | 1.87 | 2.95 | -4.34 | 3.50 | 3.14 | 3.92 | -2.28 | 2.85 | 3.32 | -1.33 | -0.01 | 5.16 | 6.15 | -2.54 | 9.62 | 6.82 | -15.55 | 4.21 | 9.14 | 5.36 | 9.31 | 12.81 | -2.92 | 6.45 | 6.95 | 5.39 | 3.15 | 8.90 | 5.48 | 6.86 |
| Weighted Average OS | 120.28M | 117.62M | 111.74M | 106.13M | 103.36M | 101.97M | 98.22M | 95.01M | 83.29M | 81.79M | 79.05M | 75.87M | 71.97M | 70.28M | 68.17M | 66.09M | 66.02M | 64.38M | 60.01M | 57.26M | 54.71M | 52.42M | 49.96M | 42.42M | 39.80M | 36.21M | 34.79M | 32.60M | 28.71M | 26.09M | 22.86M |
| EBITDA | $263.11M | $1.08M | $331.88M | -$458.93M | $362.58M | $321.05M | $386.86M | -$444.35M | $240.62M | $534.12M | -$219.44M | -$9.94M | $733.79M | $293.41M | -$65.3M | $381.17M | $191.4M | -$475.28M | $187.1M | $320.16M | $199.09M | $292.15M | $355.76M | -$31.1M | $156.36M | $158.22M | $127.85M | $80.93M | $145.72M | $90.55M | $95.22M |
| EBITDA Margin | 129.8% | 4.6% | 241.6% | 100.2% | 99.4% | 99.6% | 99.9% | 204.5% | 99.9% | 2963.3% | -1270.8% | -58.9% | 4025.3% | 1246.4% | -378.6% | 2160.8% | 1566.3% | -2168.2% | 842.0% | 1493.3% | 1342.5% | 3217.5% | 4514.7% | -297.3% | 1229.2% | 1034.8% | 896.6% | 646.4% | 1254.0% | 988.5% | 1329.9% |
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 | $116K | $98K | $84K | $43K | $77K | $262 | $8K | $74K | $74K | $65K | $214K | $126K | $18K | $600K | $200K | $100K | $100K | $0 | $100K | $4.2M | $1.1M | $200K | $200K | $0 | $600K | $0 | $200K | $100K | $1.3M | $0 | $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 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $116K | $98K | $84K | $43K | $77K | $69K | $8K | $74K | $74K | $65K | $214K | $126K | $18K | $600K | $200K | $100K | $100K | $0 | $100K | $4.2M | $1.1M | $200K | $200K | $0 | $600K | $0 | $200K | $100K | $1.3M | $0 | $0 |
| Accounts Receivable | $3.04M | $1.56M | $7.18M | $7.53M | $4.88M | $2.76M | $1.31M | $1.31M | $2.24M | $19.45M | $4.52M | $7.56M | $8.82M | $11.6M | $1.6M | $1.8M | $2.1M | $1M | $5.7M | $1.1M | $5.7M | $13.9M | $1.8M | $7.4M | $5.8M | $5.8M | $4.3M | $8M | $1.6M | $1.8M | $3.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.31M | $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 Assets | $0 | -$1.56M | $59.29M | -$558K | -$908K | -$3.59M | -$692K | $684K | $49.29M | $81.44M | $11.28M | $30.05M | $192.39M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $3.15M | $98K | $66.56M | $7.53M | $4.88M | $0 | $1.31M | $1.39M | $2.31M | $100.96M | $16.01M | $37.74M | $201.23M | $12.2M | $1.8M | $1.9M | $2.2M | $1M | $5.8M | $5.3M | $6.8M | $14.1M | $2M | $7.4M | $6.4M | $5.8M | $4.5M | $8.1M | $2.9M | $1.8M | $3.2M |
| Long-Term Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $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 |
| 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 | $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 | $0 | $0 |
| Long-Term Investments | $2.17B | $2.03B | $1.9B | $1.64B | $2.11B | $1.94B | $1.69B | $1.36B | $1.5B | $1.09B | $1.01B | $1.14B | $927.06M | $1.22B | $1.21B | $1.34B | $1.1B | $848.1M | $1.6B | $1.51B | $1.33B | $1.28B | $1.14B | $718.4M | $844.8M | $784.1M | $711.1M | $672.3M | $582.6M | $479.3M | $380.3M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $74K | $51K | $241K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $524K | $2.04B | $468K | $1.65B | $2.23B | $0 | $0 | -$1.36B | -$1.5B | $174.85M | $116.1M | $129.21M | $292.99M | -$1.22B | -$1.21B | -$1.34B | -$1.1B | -$848.1M | -$1.6B | -$1.51B | -$1.33B | -$1.28B | -$1.14B | -$718.4M | -$844.8M | -$784.1M | -$711.1M | -$672.3M | -$582.6M | -$479.3M | -$380.3M |
| Total Long-Term Assets | $2.17B | $2.03B | $1.9B | $1.64B | $2.11B | $1.94B | $1.69B | $1.36B | $1.5B | $1.27B | $1.13B | $1.27B | $1.22B | $1.22B | $1.21B | $1.34B | $1.1B | $848.1M | $1.6B | $1.51B | $1.33B | $1.28B | $1.14B | $718.4M | $844.8M | $784.1M | $711.1M | $672.3M | $582.6M | $479.3M | $380.3M |
| Other Assets | $0 | $2.05M | -$162.59M | $515K | $107.41M | $1.97B | $12.84M | $610K | $49.29M | $0 | $0 | $0 | $0 | $400K | $400K | $400K | $300K | $300K | $200K | $200K | $100K | $100K | $0 | $25.2M | $0 | $100K | $0 | $0 | $0 | $100K | $100K |
| Total Assets | $2.17B | $2.04B | $1.9B | $1.65B | $2.23B | $1.97B | $1.7B | $1.36B | $1.56B | $1.37B | $1.14B | $1.31B | $1.42B | $1.23B | $1.21B | $1.34B | $1.1B | $849.4M | $1.6B | $1.52B | $1.33B | $1.29B | $1.14B | $751M | $851.2M | $790M | $715.6M | $680.4M | $585.5M | $481.2M | $383.6M |
| Liabilities | |||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||
| Accounts Payable | $2.51M | $822K | $2.32M | $5.01M | $3.85M | $4.51M | $765K | $344K | $3.76M | $1.97M | $562K | $2.96M | $2.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $35M | $35M | $35M | $70M | $70M | $0 | $59.49M | $0 | $70M | $70M | $70M | $110M | $0 | $18.9M | $10M | $31.1M | $25.6M | $156.8M | $108.3M | $73.5M | $72.2M | $70.8M | $25.1M | $0 | $0 | $0 | $0 | $27.1M | $38.8M | $38.6M |
| 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 | $0 |
| Current Unearned Revenue | $0 | $0 | -$32.68M | -$29.83M | -$66.08M | -$65.49M | -$69.23M | -$59.15M | -$66.24M | $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 | $0 | -$36.7M | -$2.12M | -$5.01M | -$3.85M | -$6.32M | $68.24M | -$74.92M | -$4.32M | $862K | $860K | $1.01M | $1.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $4.15M | $822K | $2.32M | $5.17M | $3.92M | $4.51M | $765K | $344K | $3.76M | $72.84M | $71.42M | $73.96M | $113.46M | $800K | $18.9M | $10M | $31.1M | $25.6M | $156.8M | $108.3M | $73.5M | $72.2M | $70.8M | $25.1M | $1.9M | $6.4M | $2.4M | $3.2M | $27.1M | $38.8M | $38.6M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | $0 | $35M | $35M | $35M | $70M | $70M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term 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 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax 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 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $4.5M | $2.01M | $2.36M | $1.68M | $2.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.9M | $10M | $31.1M | $25.6M | $156.8M | $108.3M | $73.5M | $72.2M | $70.8M | $25.1M | $0 | $0 | $0 | $0 | $27.1M | $38.8M | $38.6M |
| Total Long-Term Liabilities | $4.5M | $37.01M | $37.36M | $36.68M | $72.3M | $70M | $765K | $344K | $3.76M | $70M | $70M | $0 | $110M | $150M | $18.9M | $10M | $31.1M | $25.6M | $156.8M | $108.3M | $73.5M | $72.2M | $70.8M | $25.1M | $0 | $0 | $0 | $0 | $27.1M | $38.8M | $38.6M |
| Other Liabilities | $0 | $37.84M | -$2.32M | $31.51M | $68.38M | $76.53M | $70.49M | $59.97M | $67.04M | -$70M | -$70M | $0 | -$110M | $300K | -$11.2M | -$6.2M | -$30.2M | -$25M | -$113.9M | -$101.2M | -$66M | -$67.4M | -$67.8M | -$20M | $2.1M | $6.7M | $2.6M | $3.4M | -$22.9M | -$38.2M | -$32.6M |
| Total Liabilities | $4.5M | $37.84M | $39.68M | $41.85M | $76.21M | $76.53M | $72.02M | $60.66M | $74.57M | $72.84M | $71.42M | $73.96M | $113.46M | $151.1M | $26.6M | $13.8M | $32M | $26.2M | $199.7M | $115.4M | $81M | $77M | $73.8M | $30.2M | $2.1M | $6.7M | $2.6M | $3.4M | $31.3M | $39.4M | $44.6M |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $144.05M | $341.69M | $471.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.54B | $1.47B | $1.41B | $1.36B | $1.32B | $1.25B | $1.21B | $1.16B | $1.01B | $962.81M | $929.04M | $887.98M | $830.17M | $0 | $793M | $785.2M | $783.4M | $794.4M | $770.2M | $715M | $664.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $620.16M | $527.47M | $453.92M | $244.87M | $826.3M | $637.11M | $421.04M | $142.33M | -$1.73M | $333.2M | $143M | $343.98M | $477.66M | $2.8M | $2.5M | $2.3M | $2.1M | $3.3M | -$200K | -$1.6M | $300K | $0 | $0 | $0 | $2.1M | $4.9M | $4.2M | $1.8M | $2.1M | $1.3M | $600K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $476.05M | $335.16M | $0 | $0 | $0 | $259.2M | $171.1M | $318.4M | $64.3M | -$194.5M | $414.7M | $467M | $367.5M | $372.2M | $273M | $65.9M | $230.1M | $193.8M | $160.3M | $154.3M | $185.9M | $109.7M | $83.8M |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $476.05M | $0 | $0 | $0 | $0 | $1.08B | $391.1M | $538.4M | $284.3M | $25.5M | $634.7M | $687M | $587.5M | $1.21B | $1.07B | $720.8M | $847M | $778.4M | $708.7M | $675.2M | $552.1M | $440.5M | $338.4M |
| Total Equity | $2.16B | $2B | $1.86B | $1.61B | $2.15B | $1.89B | $1.63B | $1.3B | $1.48B | $1.3B | $1.07B | $1.23B | $1.31B | $1.08B | $1.19B | $1.33B | $1.07B | $823.2M | $1.4B | $1.4B | $1.25B | $1.21B | $1.07B | $720.8M | $849.1M | $783.3M | $712.9M | $677M | $554.2M | $441.8M | $339M |
| Minority Interest | $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 Liabilities and Equity | $2.17B | $2.04B | $1.9B | $1.65B | $2.23B | $1.97B | $1.7B | $1.36B | $1.56B | $1.37B | $1.14B | $1.31B | $1.42B | $1.23B | $1.21B | $1.34B | $1.1B | $849.4M | $1.6B | $1.52B | $1.33B | $1.29B | $1.14B | $751M | $851.2M | $790M | $715.5M | $680.4M | $585.5M | $481.2M | $383.6M |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Total Debt | $0 | $35M | $35M | $35M | $70M | $70M | $70M | $45M | $70M | $70M | $70M | $70M | $110M | $0 | $18.9M | $10M | $31.1M | $25.6M | $156.8M | $108.3M | $73.5M | $72.2M | $70.8M | $25.1M | $0 | $0 | $0 | $0 | $27.1M | $38.8M | $38.6M |
| Net Debt | -$116K | -$98K | $34.92M | $34.96M | $69.92M | $70M | $69.99M | $44.93M | $69.93M | $69.93M | $69.79M | $69.87M | $109.98M | -$600K | $18.7M | $9.9M | $31M | $25.6M | $156.7M | $104.1M | $72.4M | $72M | $70.6M | $25.1M | -$600K | $0 | -$200K | -$100K | $25.8M | $38.8M | $38.6M |
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 | $262.2M | $65.94M | $329.64M | -$460.6M | $361.75M | $319.91M | $384.54M | -$219.3M | $239.05M | $271.9M | -$105.12M | -$409K | $371.18M | $154.81M | -$101.22M | $270.08M | $270.13M | -$517.08M | $70.76M | $210.2M | $94.52M | $191.29M | $280.77M | -$94.03M | $102.4M | $99.95M | $66.45M | $27.38M | $116.52M | $56.88M | $62.64M |
| Depreciation & Amortization | $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 |
| Deferred Income Tax | $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 |
| Stock-Based Compensation | $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 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||
| Accounts Receivable | $97K | $300K | $200K | -$270K | -$378K | $412K | $15K | -$231K | $113K | -$19K | -$322K | $567K | -$671K | -$10M | $200K | $300K | -$1.1M | $4.7M | $0 | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 | $0 |
| Accounts 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 | $0 |
| Other Working Capital | -$196K | -$84K | $723K | -$530K | $278K | $659K | $588K | $18K | -$38K | $2K | -$146K | -$93K | $344K | $103.5M | -$101.4M | $269.8M | $271.2M | -$521.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$99K | $216K | $923K | -$800K | -$101K | $1.07M | $603K | -$212K | $76K | -$18K | -$467K | $474K | -$327K | $93.5M | -$101.2M | $270.1M | $270.1M | -$517.1M | $70.8M | $210.2M | $94.5M | $191.3M | $280.8M | -$94M | $102.4M | $100M | $66.4M | $27.4M | $17.2M | -$46M | -$7.5M |
| Other Non-Cash Items | -$256.66M | -$46.56M | -$259.68M | $580.46M | -$261.16M | -$261.58M | -$335.04M | $186.99M | -$184.5M | -$224.11M | $160.48M | $115.51M | -$185.65M | -$138.61M | $101.22M | -$270.08M | -$270.13M | $517.08M | -$70.76M | -$210.2M | -$94.52M | -$191.29M | -$280.77M | $94.03M | -$102.4M | -$99.95M | -$66.45M | -$27.38M | -$116.52M | -$56.88M | -$62.64M |
| Net Cash from Operating | $5.44M | $19.6M | $70.88M | $119.05M | $100.49M | $59.4M | $50.1M | -$32.52M | $54.62M | $47.78M | $54.88M | $115.57M | $185.2M | $109.7M | -$101.2M | $270.1M | $270.1M | -$517.1M | $70.8M | $210.2M | $94.5M | $191.3M | $280.8M | -$94M | $102.4M | $100M | $66.4M | $27.4M | $17.2M | -$46M | -$7.5M |
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital Expenditures | $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 |
| Acquisitions | $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 |
| Purchases of Investments | -$905.02M | -$775.39M | -$1.16B | -$1.03B | -$937.43M | -$622.6M | -$510.46M | -$468.29M | -$284.51M | $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 | $1.04B | $862.47M | $1.17B | $1.16B | $1.12B | $555.52M | $459.2M | $565.45M | $273.23M | $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 | $134.16M | $102.52M | -$194.33M | $22.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $137.26M | $87.08M | $14.71M | $122.23M | $179.32M | $67.08M | $51.26M | -$97.17M | $11.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||||||||||||||||||||||||
| Debt Repaid | $35M | - | - | $35M | - | - | -$25M | $25M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $108.47M | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $54.5M | $0 | $0 | $0 | $0 | $96.5M | $0 | $57.7M | $16.4M |
| Dividends Paid | -$673K | -$19.66M | -$70.84M | -$84.09M | -$100.49M | -$103.83M | -$105.83M | -$112.7M | -$96.12M | -$81.72M | -$95.46M | -$133.27M | -$156.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $44.49M | $30.73M | $13.01M | $41.51M | $33.79M | $40.66M | $17.81M | -$29.75M | -$109.3M | -$38M | -$14M | -$23.6M | -$64.4M | -$66.5M | -$61.9M | -$55.7M | -$48.8M | $9.2M | -$34.3M | -$36.5M | -$29.6M | -$30.5M | $95.4M | -$15.9M | $46M | $7.4M |
| Net Cash from Financing | -$131.22M | -$19.66M | -$70.84M | -$119.09M | -$100.49M | -$59.34M | -$50.1M | $32.45M | -$54.61M | -$47.93M | -$54.8M | -$115.47M | -$185.78M | -$109.3M | -$38M | -$14M | -$23.6M | -$64.4M | -$66.5M | -$61.9M | -$55.7M | -$48.8M | $9.2M | -$34.3M | -$36.5M | -$29.6M | -$30.5M | $95.4M | -$15.9M | $46M | $7.4M |
| Forex Effect | -$11.46M | -$467K | $841 | -$122.23M | -$179.32M | -$67.08M | -$51.26M | $97.17M | -$11.28M | $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 | $18K | -$57K | $41K | -$34K | $8K | $62K | $8K | -$74K | $9K | -$149K | $88K | $108K | -$582K | $400K | -$139.2M | $256.1M | $246.5M | -$581.4M | $4.2M | $148.3M | $38.8M | $142.5M | $290M | -$128.4M | $65.9M | $70.3M | $36M | $122.7M | $1.3M | $0 | -$100K |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Operating Cash Flow | $5.44M | $19.6M | $70.88M | $119.05M | $100.49M | $59.4M | $50.1M | -$32.52M | $54.62M | $47.78M | $54.88M | $115.57M | $185.2M | $109.7M | -$101.2M | $270.1M | $270.1M | -$517.1M | $70.8M | $210.2M | $94.5M | $191.3M | $280.8M | -$94M | $102.4M | $100M | $66.4M | $27.4M | $17.2M | -$46M | -$7.5M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $3 | $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 |
| Free Cash Flow | $5.44M | $19.6M | $70.88M | $119.05M | $100.49M | $59.4M | $50.1M | -$32.52M | $54.62M | $47.78M | $54.88M | $115.57M | $185.2M | $109.7M | -$101.2M | $270.1M | $270.1M | -$517.1M | $70.8M | $210.2M | $94.5M | $191.3M | $280.8M | -$94M | $102.4M | $100M | $66.4M | $27.4M | $17.2M | -$46M | -$7.5M |
| Cash at Beginning | $98K | $95K | $43K | $77K | $69K | $8K | $0 | $74K | $65K | $214K | $126K | $18K | $600K | $200K | $100K | $100K | $0 | $100K | $4.2M | $1.1M | $200K | $200K | $0 | $600K | $0 | $200K | $100K | $1.3M | $0 | $0 | $100K |
| Cash at End | $116K | $38K | $84K | $43K | $77K | $69K | $8K | $0 | $74K | $65K | $214K | $126K | $18K | $600K | -$139.1M | $256.2M | $246.5M | -$581.3M | $8.4M | $149.4M | $39M | $142.7M | $290M | -$127.8M | $65.9M | $70.5M | $36.1M | $124M | $1.3M | $0 | $0 |