WEX Inc. (WEX)
WEX Inc., a financial technology enterprise established in 1983 and headquartered in Portland, Maine, delivers diverse services across the United States and globally. The company, which operated as Wright Express Corporation until its name change in October 2012, structures its operations into three primary divisions. The Fleet Solutions segment specializes in comprehensive payment processing for vehicle fleets. Its offerings include complete customer and account management (spanning activation, retention, credit, and billing support), merchant services, and robust web-based analytics platforms designed to offer fleet managers crucial insights for optimizing expenses and capital. WEX distributes these solutions to commercial and governmental fleets of varying sizes, from local to long-haul, through both direct channels and co-branded or private label alliances. The Travel and Corporate Solutions segment provides sophisticated payment systems, which feature embedded payment functionalities, automated accounts payable, and spend management tools. A key product includes virtual cards, specifically engineered for secure, card-not-present transactions. This segment serves commercial and government entities through a mix of direct and indirect marketing approaches. Finally, the Health and Employee Benefit Solutions segment offers specialized healthcare payment products and consumer-centric software-as-a-service (SaaS) platforms for the healthcare sector. It also encompasses payroll and employee benefit solutions, with a particular focus on Brazil. This segment reaches its clientele via a broad network comprising health plans, third-party administrators, financial institutions, payroll providers, benefits consultants, software companies, and individual consumers.
Sector: Services-Business Services, NEC
Industry: Software - Infrastructure
WEX Inc.
NYSE:WEXTechnology · Software - Infrastructure
-0.34%$197.46
AH Close$197.46+0.00%vs close
AH Close$197.46+0.00%vs close
Mkt Cap$6.73B
Float34.02M
O/S34.08M
Inst Own-
SI8.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2.66B
Net Income$304.1M
Total Assets$14.4B
Free Cash Flow$313.7M
Debt & Equity
Debt 80%
Equity 20%
Total Debt$4.86B
Total Equity$1.23B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in WEX's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$14.4B
Liabilities$13.16B
Accounts Receivable$3.49B
Accounts Payable$925.3M
Inventory$0
PP&E (Net)$253.7M
Goodwill$3.02B
Intangible Assets$1.09B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 |
| Revenue | $2.66B | $2.63B | $2.55B | $2.35B | $1.85B | $1.56B | $1.72B | $1.49B | $1.25B | $1.01B | $854.64M | $817.65M | $717.46M | $623.15M | $553.08M | $390.41M | $315.2M | $393.58M | $336.13M | $291.25M | $241.33M | $189.1M | $156.94M | $126.6M | $122.16M |
| YoY Growth | 1.2% | 3.1% | 8.4% | 27.0% | 18.6% | -9.5% | 15.5% | 19.5% | 23.3% | 18.5% | 4.5% | 14.0% | 15.1% | 12.7% | 41.7% | 23.9% | -19.9% | 17.1% | 15.4% | 20.7% | 27.6% | 20.5% | 24.0% | 3.6% | - |
| Cost of Revenue | $1.2B | $1.04B | $973.3M | $930.5M | $702.2M | $673.17M | $659.77M | $547.93M | $514.28M | $458.81M | $405.1M | $359.27M | $292.44M | $254.1M | $207.79M | $158.94M | $36.99M | $90.48M | $89.23M | $31.22M | $20.74M | $0 | $0 | $0 | $0 |
| Gross Profit | $1.46B | $1.59B | $1.57B | $1.42B | $1.15B | $886.69M | $1.06B | $944.71M | $734.29M | $553.68M | $449.54M | $458.38M | $425.03M | $369.05M | $345.28M | $231.47M | $278.21M | $303.1M | $246.9M | $260.03M | $220.6M | $0 | $0 | $0 | $0 |
| Gross Margin | 54.9% | 60.5% | 61.8% | 60.4% | 62.1% | 56.8% | 61.7% | 63.3% | 58.8% | 54.7% | 52.6% | 56.1% | 59.2% | 59.2% | 62.4% | 59.3% | 88.3% | 77.0% | 73.5% | 89.3% | 91.4% | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $74.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.33M | $8.51M | $8.74M | $7.82M | $8.59M | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $717.2M | $716.8M | $755.8M | $655.7M | $646M | $558.79M | $535.68M | $438.55M | $347.99M | $316.38M | $20.62M | $48.61M | $43.04M | $35.91M | $34.2M | $26.01M | $97.36M | $23.43M | $36.97M | $71.67M | $70.91M | $85.42M | $81.3M | $0 | $0 |
| Other | $66.4M | $187.4M | $171.8M | $294.6M | $86.2M | $419.57M | $142.4M | $125.52M | $152.88M | $78.77M | $200.13M | $103.53M | $105.25M | $111.52M | $77.76M | $54.74M | $53.37M | $109.72M | $49.1M | $45.43M | $34.48M | $7.38M | $7.28M | $126.6M | $88.73M |
| Total Operating Expenses | $783.6M | $904.2M | $927.6M | $950.3M | $806.4M | $978.37M | $678.08M | $564.07M | $500.87M | $395.16M | $220.75M | $152.14M | $148.29M | $147.43M | $111.96M | $80.76M | $160.06M | $141.66M | $94.81M | $124.92M | $113.98M | $92.79M | $88.58M | $126.6M | $88.73M |
| Operating Income (EBIT) | $676M | $686.3M | $647.1M | $469.8M | $342M | -$91.67M | $385.84M | $380.64M | $233.42M | $158.53M | $228.79M | $306.24M | $276.74M | $221.62M | $233.32M | $150.71M | $118.15M | $161.43M | $152.09M | $135.1M | $106.62M | $96.31M | $68.35M | $126.6M | $33.43M |
| Operating Margin | 25.4% | 26.1% | 25.4% | 20.0% | 18.5% | -5.9% | 22.4% | 25.5% | 18.7% | 15.7% | 26.8% | 37.5% | 38.6% | 35.6% | 42.2% | 38.6% | 37.5% | 41.0% | 45.2% | 46.4% | 44.2% | 50.9% | 43.6% | 100.0% | 27.4% |
| Interest Expense | $240.6M | $235.9M | $204.6M | $47.5M | $89.2M | $157.08M | $134.68M | $105.02M | $107.07M | $113.42M | $46.19M | $36.04M | $29.42M | $10.43M | $11.68M | $5.31M | $16.46M | $46.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $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 Income (Expense) | -$255.8M | -$268.5M | -$278.3M | -$209.3M | -$138.1M | -$209.41M | -$169.32M | -$142.02M | -$59.01M | -$109.59M | -$43.88M | -$4.6M | -$38.34M | -$15.44M | -$24.72M | -$5.63M | $107.09M | $34.33M | $11.04M | -$18.63M | -$78.74M | -$12.15M | -$11.42M | -$86.48M | -$33.43M |
| Income Before Tax (EBT) | $420.2M | $417.8M | $368.8M | $260.5M | $203.9M | -$301.08M | $216.52M | $238.62M | $174.42M | $48.93M | $184.91M | $301.64M | $238.4M | $206.18M | $208.6M | $145.08M | $225.24M | $195.76M | $163.14M | $116.48M | $27.87M | $84.16M | $56.93M | $40.12M | $0 |
| Income Tax Expense | $116.1M | $108.2M | $102.2M | $93.1M | $67.8M | -$20.6M | $61.22M | $68.84M | $15.45M | $28.59M | $75.3M | $101.62M | $90.1M | $109.47M | $74.98M | $57.45M | $85.58M | $68.13M | $111.56M | $41.87M | $9.22M | $32.94M | $22.29M | $15.7M | $0 |
| Net Income | $304.1M | $309.6M | $266.6M | $201.4M | $100K | -$243.64M | $99.01M | $168.29M | $160.06M | $23.5M | $101.9M | $202.21M | $149.21M | $96.92M | $133.62M | $87.63M | $139.66M | $127.64M | $51.58M | $74.61M | $18.65M | $51.22M | $34.64M | $24.42M | $18.73M |
| Net Income Margin | 11.4% | 11.8% | 10.5% | 8.6% | 0.0% | -15.6% | 5.7% | 11.3% | 12.8% | 2.3% | 11.9% | 24.7% | 20.8% | 15.6% | 24.2% | 22.4% | 44.3% | 32.4% | 15.3% | 25.6% | 7.7% | 27.1% | 22.1% | 19.3% | 15.3% |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | 8.57 | 7.59 | 6.23 | 4.54 | 0.00 | -6.40 | 3.59 | 3.90 | 3.73 | 1.49 | 2.63 | 5.20 | 3.83 | 2.50 | 3.45 | 2.28 | 3.65 | 3.28 | 1.29 | 1.85 | 0.46 | 1.27 | 0.86 | 0.61 | 0.47 |
| Diluted EPS | 8.47 | 7.50 | 6.16 | 4.50 | 0.00 | -6.40 | 3.55 | 3.86 | 3.73 | 1.48 | 2.62 | 5.18 | 3.82 | 2.48 | 3.43 | 2.25 | 3.55 | 3.22 | 1.27 | 1.81 | 0.46 | 1.27 | 0.86 | 0.61 | 0.47 |
| Weighted Average OS | 35.50M | 40.80M | 42.80M | 44.40M | 44.72M | 43.84M | 43.32M | 43.16M | 42.98M | 40.81M | 38.77M | 38.89M | 38.95M | 38.84M | 38.69M | 38.49M | 38.30M | 38.88M | 40.04M | 40.37M | 40.19M | 40.19M | 40.19M | 40.00M | 39.85M |
| EBITDA | $994.9M | $975M | $849.6M | $571.9M | $565.7M | $117.92M | $588.32M | $543.45M | $485.21M | $304M | $314.17M | $408.06M | $328.38M | $291.88M | $268.39M | $181.9M | $264.31M | $263.2M | $167.81M | $147.18M | $117.72M | $103.69M | $75.64M | $126.6M | $33.43M |
| EBITDA Margin | 37.4% | 37.1% | 33.3% | 24.3% | 30.6% | 7.6% | 34.1% | 36.4% | 38.9% | 30.0% | 36.8% | 49.9% | 45.8% | 46.8% | 48.5% | 46.6% | 83.9% | 66.9% | 49.9% | 50.5% | 48.8% | 54.8% | 48.2% | 100.0% | 27.4% |
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 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2001-12-31 |
| Assets | ||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||
| Cash and Cash Equivalents | $905.8M | $595.8M | $975.8M | $1.86B | $1.26B | $1.33B | $981.38M | $541.5M | $508.07M | $190.93M | $279.99M | $284.76M | $361.49M | $197.66M | $25.79M | $18.05M | $39.3M | $183.12M | $43.02M | $35.06M | $44.99M | $31.81M | $22.13M | $0 |
| Short-Term Investments | $4.33B | $3.76B | $3.02B | $1.4B | $948.68M | $0 | $0 | $0 | $23.36M | $23.52M | $18.56M | $18.94M | $15.96M | $16.35M | $17.04M | $9.2M | $10.6M | $0 | $9.49M | $8.02M | $20.88M | $17.79M | $17.6M | $0 |
| Cash and Short-Term Investments | $5.24B | $4.36B | $4B | $3.26B | $2.21B | $1.33B | $981.38M | $541.5M | $531.43M | $214.46M | $298.55M | $303.7M | $377.45M | $214.01M | $42.84M | $27.25M | $49.9M | $183.12M | $52.51M | $43.08M | $65.87M | $49.6M | $39.73M | $0 |
| Accounts Receivable | $3.49B | $3.01B | $3.57B | $3.44B | $3.03B | $2.09B | $2.78B | $2.58B | $2.46B | $2.05B | $1.51B | $1.87B | $1.71B | $1.56B | $1.32B | $1.16B | $844.15M | $710.13M | $1.07B | $802.16M | $655.43M | $581.35M | $302.32M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $123.4M | $0 | -$11.71M | $0 | -$5.93M | -$4.34M | -$2.92M | $0 | $0 | $0 | $12.53M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $988M | $1.15B | $1.37B | $117.89M | $68.59M | $81.13M | $83.1M | $123.4M | $150.24M | $97.42M | $87.72M | $0 | $0 | $0 | $0 | $0 | $6.15M | $49.29M | $0 | $0 | $0 | $0 | $63.09M | $0 |
| Total Current Assets | $9.71B | $8.52B | $8.94B | $6.82B | $5.3B | $3.5B | $3.84B | $3.4B | $3.21B | $2.37B | $1.89B | $2.17B | $2.09B | $1.77B | $1.38B | $1.19B | $900.2M | $955.07M | $1.13B | $845.25M | $721.3M | $630.95M | $405.14M | $0 |
| Long-Term Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment Net | $253.7M | $261.2M | $304.7M | $269.12M | $259.01M | $273.37M | $280.83M | $187.87M | $163.91M | $167.28M | $138.59M | $105.6M | $72.28M | $60.1M | $62.08M | $60.78M | $44.99M | $44.86M | $45.54M | $39.97M | $38.54M | $37.47M | $36.14M | $0 |
| Goodwill | $3.02B | $2.98B | $3.02B | $2.73B | $2.91B | $2.69B | $2.44B | $1.83B | $1.88B | $1.84B | $1.12B | $1.12B | $818.4M | $844.28M | $549.5M | $537.05M | $315.23M | $315.23M | $294.37M | $272.86M | $272.86M | $0 | $0 | $0 |
| Intangible Assets | $1.09B | $1.26B | $1.46B | $1.47B | $1.64B | $1.55B | $1.58B | $1.03B | $1.15B | $1.27B | $465.61M | $498.05M | $209M | $241.81M | $109.66M | $124.73M | $34.81M | $39.92M | $20.93M | $2.42M | $2.42M | $137.47M | $137.47M | $0 |
| Long-Term Investments | $94.2M | $80.5M | $66.8M | $131.21M | $80.37M | $57.2M | $50.96M | $24.41M | $72.43M | $10.77M | $5.01M | $47.83M | $15.96M | $17.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $16.9M | $18.3M | $13.7M | $13.36M | $5.63M | $17.52M | $12.83M | $9.64M | $7.75M | $97.84M | $10.3M | $5.76M | $88.97M | $100.13M | $141.57M | $161.16M | $183.6M | $239.96M | $283.09M | $377.28M | $513.02M | $502K | $0 | $0 |
| Other Long-Term Assets | $218.3M | $202.7M | $87.2M | $95.89M | $110.94M | $92.27M | $95.18M | $284.23M | $255.41M | $333.52M | $225.58M | $175.51M | $138.93M | $72.65M | $38.38M | $26.5M | $20.82M | $16.81M | $15.04M | $13.24M | $10.09M | $6.3M | $4.86M | $0 |
| Total Long-Term Assets | $4.69B | $4.81B | $4.95B | $4.71B | $5.01B | $4.68B | $4.46B | $3.37B | $3.53B | $3.71B | $1.96B | $1.95B | $1.34B | $1.34B | $901.19M | $910.22M | $599.46M | $656.78M | $658.97M | $705.77M | $699.12M | $181.74M | $178.47M | $0 |
| 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 |
| Total Assets | $14.4B | $13.32B | $13.88B | $11.53B | $10.31B | $8.18B | $8.3B | $6.77B | $6.74B | $6.08B | $3.86B | $4.12B | $3.43B | $3.11B | $2.28B | $2.1B | $1.5B | $1.61B | $1.79B | $1.55B | $1.42B | $812.69M | $583.61M | $414.98M |
| Liabilities | ||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||
| Accounts Payable | $925.3M | $952.7M | $1.32B | $1.23B | $880.08M | $647.09M | $852.96M | $814.74M | $752.37M | $617.12M | $378.81M | $425.96M | $512.88M | $500.72M | $409.23M | $379.86M | $283.15M | $249.07M | $363.19M | $297.1M | $254.38M | $197.65M | $125.67M | $0 |
| Short-Term Debt | $1.33B | $1.29B | $1.04B | $214.44M | $171.27M | $169.18M | $261.71M | $216.52M | $397.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $71.72M | $170.6M | $0 | $0 | $92.03M | $27.1M | $23.97M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.08M | $0 | $2.73M | $0 | $16.07M | $10.15M | $0 | $3.64M | $1.76M | $0 | $0 | $813K | $0 | $0 | $0 | $203.95M |
| Current Unearned Revenue | $245.6M | $0 | $195.9M | $8.09M | $0 | $5.26M | $5.17M | $325.8M | $26.59M | -$210.08M | -$132.06M | $0 | $0 | $0 | $54.74M | $0 | $32.62M | $34.93M | $0 | $0 | $22.2M | $17.41M | $10.11M | $0 |
| Other Current Liabilities | $5.18B | $5.1B | $3.75B | $4.84B | $3.35B | $1.92B | $1.93B | $954.51M | $1.02B | -$331.58M | $182.61M | -$137.23M | -$76.27M | -$6.89M | -$54.74M | $589.28M | -$102.58M | -$205.53M | -$35.31M | -$25.25M | -$114.22M | $194.36M | $92.14M | $0 |
| Total Current Liabilities | $9.29B | $8.33B | $8.52B | $6.29B | $4.4B | $2.74B | $3.05B | $2.31B | $1.13B | $940.58M | $534.99M | $563.18M | $605.21M | $588.37M | $1.46B | $1.01B | $940.59M | $997.83M | $398.5M | $323.98M | $743.9M | $436.51M | $251.56M | $203.95M |
| Long-Term Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | $3.53B | $3.08B | $2.83B | $2.52B | $2.7B | $2.87B | $2.69B | $2.13B | $2.03B | $1.99B | $1.11B | $1.35B | $685M | $669.4M | $0 | $407.3M | $0 | $309.37M | $207.57M | $215.16M | $167.51M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $51.3M | $0 | $87.05M | $58.9M | $24.61M | $0 | $0 | $21.35M | $47.3M | $60.27M | $69.64M | $101.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $187.3M | $145.6M | $129.5M | $142.16M | $192.97M | $220.12M | $218.74M | $151.69M | $119.28M | $243.81M | $83.91M | $43.75M | $14.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $159.1M | $166M | $585.3M | $763.61M | $785.97M | $205.55M | $181.91M | $377.49M | $455.16M | $1.64B | $840.95M | $1.06B | $1.28B | $1.06B | $1.16B | $117.73M | $773.44M | $758.76M | $1.01B | $854.82M | $923.79M | $91.92M | $73.72M | $0 |
| Total Long-Term Liabilities | $3.88B | $3.51B | $3.54B | $3.59B | $3.81B | $3.41B | $3.16B | $2.66B | $3.88B | $3.63B | $2.23B | $2.46B | $1.91B | $1.68B | $108.93M | $525.03M | $117.75M | $319.37M | $1.18B | $1.04B | $601.78M | $91.92M | $73.72M | $0 |
| 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 |
| Total Liabilities | $13.16B | $11.83B | $12.06B | $9.88B | $8.21B | $6.15B | $6.21B | $4.97B | $5.02B | $4.57B | $2.76B | $3.02B | $2.51B | $2.27B | $1.57B | $1.54B | $1.06B | $1.32B | $1.58B | $1.37B | $1.35B | $528.44M | $325.28M | $203.95M |
| Stockholders' Equity | ||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10M | $10M | $10M | $10M | $10M | $0 | $0 | $0 |
| Common Stock | $500K | $500K | $500K | $495K | $492K | $485K | $477K | $475K | $473K | $472K | $431K | $430K | $429K | $426K | $423K | $419K | $412K | $410K | $408K | $404K | $402K | $182.38M | $182.38M | $0 |
| Retained Earnings | $2.37B | $2.07B | $1.76B | $1.49B | $1.29B | $1.29B | $1.54B | $1.48B | $1.4B | $1.24B | $1.18B | $1.08B | $879.52M | $730.31M | $633.39M | $499.77M | $412.14M | $272.48M | $144.84M | $93.26M | $18.65M | $101.87M | $75.93M | $0 |
| Comprehensive Income & Other | -$128.1M | -$312.3M | -$229.2M | -$306.34M | -$122.52M | -$82.94M | -$115.45M | -$117.29M | -$90.8M | -$122.84M | -$103.45M | -$50.58M | -$15.49M | $37.38M | $30.59M | $27.61M | -$287K | -$1.84M | -$1.45M | $136K | $664K | $2K | $24K | $0 |
| Other Stockholders' Equity | -$1.14B | -$578.5M | $63M | $158.49M | $549.19M | $617.43M | $387.27M | $303.63M | $306.18M | $252.45M | -$100.82M | -$21.84M | $22.83M | $87.19M | $75.5M | $58.82M | $28.77M | $21.77M | $59.01M | $89.46M | $55.68M | $2K | $24K | $199.25M |
| Total Equity | $1.23B | $1.49B | $1.82B | $1.65B | $1.84B | $1.9B | $1.93B | $1.79B | $1.71B | $1.5B | $1.08B | $1.06B | $902.78M | $817.93M | $709.32M | $559.01M | $441.32M | $294.66M | $204.26M | $183.13M | $74.74M | $284.25M | $258.33M | $199.25M |
| Minority Interest | $0 | $0 | $0 | $0 | $254.11M | $130.24M | $166.45M | $10.23M | $9.22M | $8.56M | $12.44M | $33.99M | $19.25M | $21.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $14.4B | $13.32B | $13.88B | $11.53B | $10.05B | $8.05B | $8.13B | $6.76B | $6.73B | $6.07B | $3.85B | $4.08B | $3.41B | $3.09B | $2.28B | $2.1B | $1.5B | $1.61B | $1.79B | $1.55B | $1.42B | $812.69M | $583.61M | $403.19M |
| Supplementary Data | ||||||||||||||||||||||||
| Total Debt | $4.86B | $4.45B | $3.87B | $2.81B | $2.95B | $3.13B | $3.02B | $2.35B | $2.42B | $2.2B | $1.2B | $1.35B | $685M | $669.4M | $394.96M | $407.3M | $199.72M | $479.97M | $207.57M | $215.16M | $259.54M | $27.1M | $23.97M | $0 |
| Net Debt | $3.95B | $3.85B | $2.89B | $947.55M | $1.69B | $1.8B | $2.03B | $1.81B | $1.92B | $2.01B | $921.83M | $1.07B | $323.51M | $471.74M | $369.17M | $389.25M | $160.42M | $296.85M | $164.56M | $180.1M | $214.54M | -$4.71M | $1.83M | $0 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | $304.1M | $309.6M | $266.6M | $167.5M | $136.14M | -$280.48M | $155.29M | $169.78M | $159.17M | $57.48M | $109.61M | $200.02M | $148.3M | $96.71M | $133.62M | $87.63M | $139.66M | $127.64M | $51.58M | $74.61M | $18.65M | $51.22M | $34.64M |
| Depreciation & Amortization | $331.1M | $321.3M | $276.2M | $263.9M | $272.6M | $261.93M | $237.13M | $199.81M | $203.72M | $141.65M | $83.08M | $70.38M | $60.56M | $50.27M | $48.11M | $31.5M | $22.6M | $20.59M | $15.72M | $12.08M | $11.1M | $7.38M | $7.28M |
| Deferred Income Tax | $43.6M | $0 | -$21.3M | -$60.2M | $12.88M | -$29.34M | $19.67M | $31.33M | -$888K | $19.5M | $37.36M | $46.11M | $26.96M | $35.91M | $23.7M | $21.54M | $59.56M | $41.97M | $95.12M | $34.41M | $4.23M | -$809K | $1.17M |
| Stock-Based Compensation | $100.3M | $112.2M | $127M | $97.9M | $74.8M | $63.86M | $45.81M | $33.89M | $30.49M | $19.74M | $12.42M | $13.79M | $9.43M | $11.02M | $9.37M | $7.42M | $5.74M | $5.22M | $4.51M | $4.27M | $6.99M | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | -$400.6M | $325.2M | -$195.1M | -$602.7M | -$959.13M | $592.95M | -$67.64M | -$201.64M | -$542.02M | -$436.07M | $199.72M | $55.88M | -$194.42M | -$86.76M | -$198.42M | -$236.1M | -$159.62M | $362.44M | -$286.24M | -$79.94M | -$213.78M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $959.13M | $164.8M | $0 | $68.25M | -$2.38M | -$1.04M | $9.03M | $29.26M | $25.5M | -$1.58M | -$1.81M | -$2.15M | -$19.96M | -$1.1M | $6.76M | $7.98M | $52.27M | $0 | $0 |
| Accounts Payable | -$20.1M | -$396.3M | $115.4M | $348.7M | $252.97M | -$183.71M | $139.19M | -$3.59M | $194.54M | $75.81M | -$33.2M | -$29.15M | -$6.37M | -$41.04M | $29.27M | $41.92M | $34.05M | -$156.46M | $66.05M | $42.72M | $56.73M | $0 | $0 |
| Other Working Capital | $6.7M | -$300.2M | $74.3M | $58.5M | -$671.94M | $15.08M | $29.26M | -$2.11M | $5.14M | -$80.49M | -$21.39M | -$50.03M | -$57.36M | -$43.98M | -$9.33M | $816K | -$40.39M | -$16.88M | -$104.79M | -$18.06M | -$22.59M | -$107.55M | -$40.12M |
| Total Working Capital Change | -$414M | -$371.3M | -$5.4M | -$195.5M | -$418.98M | $589.13M | $100.81M | -$139.08M | -$344.71M | -$441.8M | $154.16M | $5.96M | -$232.65M | -$173.36M | -$180.29M | -$195.51M | -$185.92M | $187.99M | -$318.23M | -$47.3M | -$127.37M | -$107.55M | -$40.12M |
| Other Non-Cash Items | $89.2M | $109.6M | $264.8M | $405.8M | $72.96M | $251.93M | $104.47M | $104.5M | $85.17M | $52.3M | $48.47M | -$39.85M | $26.95M | $51.27M | $16.66M | $36.87M | -$74.8M | -$44.23M | $59.22M | -$17.62M | $45.45M | $9.15M | $9.7M |
| Net Cash from Operating | $454.3M | $481.4M | $907.9M | $679.4M | $150.4M | $857.02M | $663.17M | $400.23M | $132.95M | -$151.13M | $445.1M | $296.41M | $39.55M | $71.81M | $51.17M | -$10.55M | -$33.17M | $339.18M | -$92.09M | $60.45M | -$40.94M | -$40.62M | $12.67M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | -$213.7M | -$147.3M | -$143.6M | -$112.9M | -$86.04M | -$80.47M | -$102.86M | -$87.15M | -$79.28M | -$65.8M | -$63.49M | -$58.13M | -$39.45M | -$28.04M | -$28.49M | -$28.94M | -$17.85M | -$16.16M | -$16.62M | -$12.47M | -$11.02M | -$11.04M | -$11.7M |
| Acquisitions | $0 | -$900K | -$402M | $0 | -$558.78M | -$243.17M | -$882.42M | -$165.52M | -$84.38M | -$1.09B | -$63.41M | -$843.4M | -$11.28M | -$402.48M | -$4.35M | -$339.99M | $8K | -$41.61M | -$40.81M | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$1.74B | -$1.31B | -$1.79B | -$661.3M | -$994.35M | -$6.46M | -$5.57M | -$1.77M | -$474K | -$5.85M | -$349K | -$2.84M | -$1.8M | -$864K | -$8.51M | -$150K | -$160K | -$4.3M | -$2.52M | -$2.15M | -$3.64M | -$1.17M | -$19.18M |
| Sales of Investments | $1.25B | $506.4M | $197.7M | $60.9M | $38.07M | $181K | $230K | $266K | $631K | $495K | $594K | $337K | $1.19M | $1.55M | $841K | $1.65M | $2.2M | $1.25M | $1.12M | $17.17M | $425K | $758K | $0 |
| Other Investing Activities | $4.8M | -$5M | -$4.5M | -$3.4M | $0 | $837K | $0 | -$4.27M | $25.5M | -$5.36M | $17.51M | $45.82M | -$610K | -$401.79M | -$11.43M | $0 | -$8K | $1.25M | -$1.92M | -$86.78M | $125K | $1.35M | $43K |
| Net Cash from Investing | -$696.9M | -$960.6M | -$2.14B | -$716.7M | -$1.6B | -$329.09M | -$990.61M | -$254.18M | -$163.5M | -$1.16B | -$126.66M | -$904.03M | -$51.34M | -$429.82M | -$40.5M | -$367.43M | -$15.81M | -$60.81M | -$60.75M | -$84.24M | -$14.1M | -$10.11M | -$30.84M |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | -$458.3M | -$581.9M | -$1B | $183.1M | $258.48M | $148.57M | -$579.57M | -$69.91M | -$68.19M | -$1.23B | $2.35B | $1.86B | -$13.58M | -$349.45M | $164.58M | -$62.76M | - | - | $131.37M | $38.5M | -$166.62M | - | $2.06M |
| Common Stock Issuance | $0 | $0 | $0 | $4.95M | $44.2M | $90M | $0 | $0 | $733K | $300K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.23M | $388K | $0 | $0 |
| Common Stock Repurchases | -$799.8M | -$652M | -$303.4M | -$282.79M | $0 | $0 | $0 | $0 | -$9.53M | -$2.2M | -$22.01M | -$19.77M | -$17.91M | -$11.29M | -$2.55M | -$18.36M | -$7.73M | -$41.26M | -$37.71M | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $738.5M | -$122.8M | $813M | $1.09B | $1.6B | -$97.16M | $167.75M | -$32.73M | $163.27M | $184.58M | -$155.07M | -$116.05M | -$15.03M | $191.41M | $4.33M | $107.63M | -$44.55M | -$58.41M | $207.41M | $56.76M | $142.19M | $102.54M | $27.92M |
| Net Cash from Financing | $418.9M | -$260.3M | $1.57B | $681.3M | $1.4B | -$179.26M | $749.77M | -$102.73M | $359.38M | $1.22B | -$319.54M | $526.71M | $179.24M | $529.56M | -$2.58M | $356.34M | -$94.88M | -$138.2M | $160.78M | $13.86M | $68.23M | $60.39M | $25.87M |
| Forex Effect | $65.1M | -$53.5M | $27.4M | -$41.1M | -$25.38M | -$405K | $4.02M | -$10.68M | -$11.69M | $6.43M | -$3.68M | $4.19M | -$3.63M | $320K | -$335K | $386K | $44K | -$65K | $15K | $0 | $0 | $0 | $0 |
| Net Change in Cash | $241.4M | -$793M | $370.3M | $602.9M | -$72.81M | $348.27M | $426.35M | $32.65M | $317.14M | -$89.06M | -$4.77M | -$76.72M | $163.82M | $171.87M | $7.75M | -$21.26M | -$143.81M | $140.1M | $7.96M | -$9.93M | $13.19M | $9.67M | $7.7M |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | $454.3M | $481.4M | $907.9M | $679.4M | $150.4M | $857.02M | $663.17M | $400.23M | $132.95M | -$151.13M | $445.1M | $296.41M | $39.55M | $71.81M | $51.17M | -$10.55M | -$33.17M | $339.18M | -$92.09M | $60.45M | -$40.94M | -$40.62M | $12.67M |
| Capital Expenditure | -$140.6M | -$147.3M | -$143.6M | -$116.2M | -$86.04M | -$80.47M | -$102.86M | -$87.15M | -$79.28M | -$65.8M | -$63.49M | -$58.13M | -$39.45M | -$28.04M | -$28.49M | -$28.94M | -$17.85M | -$16.16M | -$16.62M | -$12.47M | -$11.02M | -$11.04M | -$11.7M |
| Free Cash Flow | $313.7M | $334.1M | $763.9M | $563.2M | $64.36M | $776.55M | $560.31M | $313.08M | $53.67M | -$216.93M | $381.61M | $238.28M | $96K | $43.77M | $22.68M | -$39.49M | -$51.02M | $323.02M | -$108.71M | $47.98M | -$51.96M | -$51.65M | $969K |
| Cash at Beginning | $1.44B | $2.23B | $1.86B | $1.26B | $1.33B | $981.38M | $555.03M | $522.38M | $190.93M | $279.99M | $284.76M | $361.49M | $197.66M | $25.79M | $18.05M | $39.3M | $183.12M | $43.02M | $35.06M | $44.99M | $31.81M | $22.13M | $14.44M |
| Cash at End | $1.68B | $1.44B | $2.23B | $1.86B | $1.26B | $1.33B | $981.38M | $555.03M | $508.07M | $190.93M | $279.99M | $284.76M | $361.49M | $197.66M | $25.79M | $18.05M | $39.3M | $183.12M | $43.02M | $35.06M | $44.99M | $31.81M | $22.13M |