ASSA ABLOY AB (publ) (ASAZY)
ASSA ABLOY AB (publ), a company founded in 1954 and headquartered in Stockholm, Sweden, operates as a leading global provider of door opening products, integrated solutions, and related services. Its extensive market reach spans institutional, commercial, and residential sectors across Europe, the Middle East, Africa, North and South America, Asia, and Oceania. The company's comprehensive product offering includes a wide range of security hardware for doors, such as mechanical, electromechanical, and digital locks, as well as cylinders, door fittings, robust security and fire doors, door frames, and advanced access control devices. Beyond physical security, ASSA ABLOY specializes in identity solutions. These encompass identity and access management systems, biometric technologies, brand protection and authenticity products, contactless RFID tags and transponders, and government identification solutions. These services are delivered to various clients, including private corporations, government and state institutions, and key industries like healthcare, education, and finance. Additionally, the firm develops specialized secure access solutions tailored for hospitality environments such as hotels and cruise ships, along with student accommodations and elderly care facilities. Its expertise further extends to entrance automation, providing a variety of products, components, and services. This includes automatic swing, sliding, and revolving doors, industrial and garage doors, high-performance doors, docking solutions, hangar doors, gate automation systems, and high-security fencing and gates, alongside essential components for overhead sectional doors and sensors. ASSA ABLOY distributes its offerings primarily under its prominent brands: ASSA ABLOY, Yale, and HID. These products are made available to customers through a network of distributors, wholesalers, and home improvement retail outlets.
Sector: Security & Protection Services
Industry: Security & Protection Services
ASSA ABLOY AB (publ)
OTC:ASAZYIndustrials · Security & Protection Services
-2.60%$19.83
CLOSED · Nov 6Prev close$20.36-2.60%Close$19.83
Mkt Cap$44.05B
Float999.84M
O/S2.22B
VOL90K sh
$ Vol$1.79M
RVOL0.32×
Inst Own-
SI<0.1%
EarningsFeb 4 · in 3mo
Div Yield1.66%
Dilution
Financials Summary
Revenue$15.43B
Net Income$1.49B
Total Assets$21.1B
Free Cash Flow$1.89B
Debt & Equity
Debt 39%
Equity 61%
Total Debt$6.62B
Total Equity$10.29B
Shares Outstanding
Short Interest
Split History1 split
- 3:1Forward splitJun 22, 20151 share → 3
Balance Sheet Details
Assets$21.1B
Liabilities$10.8B
Accounts Receivable$2.91B
Accounts Payable$1.12B
Inventory$1.95B
PP&E (Net)$1.83B
Goodwill$10.24B
Intangible Assets$3.73B
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 | $15.43B | $15.21B | $14.25B | $12.23B | $9.62B | $8.88B | $9.52B | $8.51B | $7.71B | $7.22B | $6.9B | $5.76B | $4.91B | $4.72B | $4.23B | $3.73B | $3.54B | $3.54B | $3.4B | $3.15B | $2.82B | $2.58B | $2.44B | $2.57B | $2.28B | $1.46B | $1.04B | $868.99M | $705.63M | $502.1M |
| YoY Growth | 1.5% | 6.7% | 16.5% | 27.1% | 8.4% | -6.8% | 11.9% | 10.4% | 6.8% | 4.7% | 19.8% | 17.2% | 4.0% | 11.6% | 13.5% | 5.3% | 0.1% | 4.1% | 7.7% | 12.0% | 8.9% | 6.0% | -5.2% | 12.8% | 56.4% | 40.1% | 19.8% | 23.1% | 40.5% | - |
| Cost of Revenue | $8.85B | $8.85B | $8.53B | $7.38B | $5.8B | $5.4B | $5.72B | $5.2B | $4.67B | $4.49B | $4.22B | $3.54B | $3.05B | $2.85B | $2.72B | $2.23B | $2.21B | $2.18B | $2B | $2.02B | $1.67B | $1.53B | $1.48B | $1.57B | $1.4B | $867.56M | $636.17M | $553.19M | $455.33M | $330.01M |
| Gross Profit | $6.58B | $6.35B | $5.72B | $4.85B | $3.83B | $3.47B | $3.8B | $3.31B | $3.04B | $2.73B | $2.67B | $2.22B | $1.86B | $1.87B | $1.51B | $1.5B | $1.33B | $1.36B | $1.4B | $1.13B | $1.14B | $1.05B | $958.63M | $999.54M | $875.59M | $590M | $404.51M | $315.8M | $250.31M | $172.09M |
| Gross Margin | 42.6% | 41.8% | 40.2% | 39.7% | 39.8% | 39.1% | 39.9% | 38.9% | 39.4% | 37.8% | 38.8% | 38.6% | 38.0% | 39.5% | 35.8% | 40.3% | 37.7% | 38.3% | 41.1% | 36.0% | 40.6% | 40.7% | 39.3% | 38.9% | 38.4% | 40.5% | 38.9% | 36.3% | 35.5% | 34.3% |
| Research and Development | $696.98M | $0 | $578.4M | $489.49M | $398.56M | $395.12M | $361.1M | $292.95M | $227.23M | $224.6M | $195.64M | $156.45M | $140.75M | $136.09M | $121.72M | $102.78M | $93.16M | $90.12M | $78.58M | $72.81M | $59.54M | $50.63M | $45.26M | $43.43M | $37.16M | $23.62M | $15.36M | $9.63M | $8.98M | $6.28M |
| Selling, General, and Administrative | $3.48B | $3.28B | $2.93B | $2.42B | $1.95B | $1.99B | $1.98B | $1.82B | $1.59B | $1.52B | $1.37B | $1.15B | $1.02B | $969.27M | $862.44M | $780.21M | $784.87M | $829.93M | $768.97M | $727.46M | $674.8M | $623.26M | $570.71M | $585.35M | $520.09M | $348.56M | $243.91M | $190.49M | $159.26M | $115.23M |
| Other | $58.83M | $608.98M | $5.97M | $18.33M | -$10.53M | $6.78M | -$25.32M | $1.42M | $608K | $1.22M | $709K | $911K | $1.11M | $1.82M | $1.22M | $1.22M | $1.72M | $1.42M | -$89.62M | -$71.79M | -$58.83M | $810K | $234.01M | $103.65M | $102.36M | $43.62M | $24.39M | $18.19M | $10.44M | $4.05M |
| Total Operating Expenses | $4.23B | $3.89B | $3.52B | $2.93B | $2.34B | $2.39B | $2.32B | $2.1B | $1.77B | $1.69B | $1.55B | $1.3B | $1.17B | $1.11B | $985.37M | $877.22M | $886.64M | $931.5M | $933.32M | $871.35M | $788.72M | $770.39M | $849.98M | $732.43M | $659.62M | $415.81M | $283.66M | $218.31M | $178.68M | $125.56M |
| Operating Income (EBIT) | $2.34B | $2.46B | $2.21B | $1.88B | $1.44B | $1.26B | $1.48B | $617.28M | $1.25B | $977.87M | $1.12B | $937.37M | $701.13M | $759.56M | $526.96M | $612.22M | $442.91M | $432.28M | $552.68M | $333.86M | $412.94M | $280.49M | $108.65M | $267.12M | $215.97M | $174.19M | $120.84M | $97.49M | $71.62M | $46.53M |
| Operating Margin | 15.2% | 16.2% | 15.5% | 15.3% | 14.9% | 14.2% | 15.5% | 7.3% | 16.2% | 13.5% | 16.3% | 16.3% | 14.3% | 16.1% | 12.5% | 16.4% | 12.5% | 12.2% | 16.3% | 10.6% | 14.7% | 10.9% | 4.5% | 10.4% | 9.5% | 12.0% | 11.6% | 11.2% | 10.1% | 9.3% |
| Interest Expense | $334.67M | $351.07M | $256.29M | $94.88M | $65.41M | $75.54M | $103.69M | $78.17M | $65.82M | $70.17M | $68.55M | $34.23M | $60.55M | $73.92M | $58.33M | $53.87M | $69.16M | $78.48M | $70.98M | -$70.98M | -$58.02M | -$65.62M | $50.33M | $63.9M | $67.28M | $33.48M | $23.3M | $23.07M | $18.13M | $12.32M |
| Interest Income | $8.09M | $12.05M | $14.08M | $5.37M | $5.67M | $304K | $4.86M | $1.72M | $1.82M | $810K | $1.72M | $1.92M | $1.82M | $1.82M | $3.65M | $2.43M | $5.77M | $4.76M | $2.73M | $3.04M | $5.16M | $16.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$337M | -$342.46M | -$256.29M | -$102.37M | -$65.11M | -$79.19M | -$119.89M | -$80.91M | -$67.64M | -$71.39M | -$70.58M | -$56.71M | -$54.98M | -$73.82M | -$65.31M | -$68.86M | -$64.2M | -$77.97M | -$85.97M | -$67.95M | -$52.86M | -$49.01M | -$49.62M | -$63.09M | -$66.55M | -$32.22M | -$21.55M | -$21.71M | -$17.29M | -$11.57M |
| Income Before Tax (EBT) | $2.01B | $2.12B | $1.95B | $1.77B | $1.37B | $1.18B | $1.36B | $536.38M | $1.18B | $906.49M | $1.05B | $880.77M | $646.14M | $681.59M | $461.65M | $543.36M | $378.71M | $354.31M | $466.71M | $265.91M | $360.08M | $232.29M | $59.03M | $204.04M | $149.42M | $141.97M | $99.3M | $75.78M | $54.34M | $34.96M |
| Income Tax Expense | $517.95M | $533.85M | $568.58M | $427.83M | $267.13M | $253.56M | $361.91M | $257.4M | $307.63M | $235.73M | $272.29M | $228.95M | $161.51M | $163.74M | $110.88M | $130.22M | $109.46M | $107.44M | $125.56M | -$88.1M | $95.49M | $80.2M | $56.3M | $75.45M | $53.36M | $49.3M | $29.74M | $22.52M | $18.67M | $9.89M |
| Net Income | $1.49B | $1.58B | $1.38B | $1.35B | $1.1B | $928.66M | $1.01B | $278.77M | $874.18M | $673.48M | $779M | $651.71M | $483.22M | $517.64M | $389.14M | $410.11M | $265.91M | $244.34M | $341.05M | $177.81M | $264.59M | $151.38M | $911K | $128.59M | $96.06M | $92.66M | $69.56M | $53.26M | $35.66M | $25.06M |
| Net Income Margin | 9.6% | 10.4% | 9.7% | 11.0% | 11.5% | 10.5% | 10.6% | 3.3% | 11.3% | 9.3% | 11.3% | 11.3% | 9.8% | 11.0% | 9.2% | 11.0% | 7.5% | 6.9% | 10.0% | 5.6% | 9.4% | 5.9% | 0.0% | 5.0% | 4.2% | 6.4% | 6.7% | 6.1% | 5.1% | 5.0% |
| Supplementary Data | ||||||||||||||||||||||||||||||
| EPS | 6.22 | 7.04 | 6.14 | 5.99 | 4.91 | 4.13 | 4.50 | 1.24 | 3.89 | 3.00 | 3.47 | 2.90 | 2.15 | 2.33 | 1.74 | 1.85 | 1.20 | 1.10 | 1.53 | 0.80 | 1.19 | 1.07 | 0.01 | 0.59 | 0.50 | 0.46 | 0.36 | 4.93 | 3.31 | 2.32 |
| Diluted EPS | 6.21 | 7.04 | 6.14 | 5.99 | 4.91 | 4.13 | 4.50 | 1.24 | 3.89 | 3.00 | 3.47 | 2.90 | 2.15 | 2.33 | 1.72 | 1.82 | 1.18 | 1.09 | 1.51 | 0.79 | 1.16 | 1.06 | 0.01 | 0.59 | 0.50 | 0.46 | 0.34 | 4.93 | 3.31 | 2.32 |
| Weighted Average OS | 2.22B | 2.22B | 2.22B | 2.22B | 2.22B | 2.22B | 2.22B | 2.22B | 2.22B | 2.22B | 2.22B | 2.22B | 2.22B | 2.22B | 2.21B | 2.19B | 2.20B | 2.20B | 2.20B | 2.20B | 2.20B | 2.20B | 2.20B | 2.23B | 2.12B | 1.99B | 1.72B | 106.61M | 106.61M | 106.61M |
| EBITDA | $2.98B | $3.02B | $2.73B | $2.29B | $1.83B | $1.62B | $1.82B | $1.34B | $1.39B | $1.13B | $1.26B | $1.04B | $807.15M | $854.13M | $562.2M | $706.9M | $550.55M | $526.05M | $629.74M | $573.84M | $504.58M | $484.73M | $296.59M | $460.23M | $390.25M | $273.95M | $188.42M | $160.57M | $118.34M | $73.36M |
| EBITDA Margin | 19.3% | 19.9% | 19.2% | 18.8% | 19.0% | 18.2% | 19.1% | 15.7% | 18.0% | 15.7% | 18.3% | 18.0% | 16.4% | 18.1% | 13.3% | 19.0% | 15.6% | 14.9% | 18.5% | 18.2% | 17.9% | 18.8% | 12.2% | 17.9% | 17.1% | 18.8% | 18.1% | 18.5% | 16.8% | 14.6% |
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 | $141.56M | $456.08M | $148.45M | $346.01M | $437.95M | $279.07M | $44.76M | $54.48M | $46.48M | $75.95M | $50.73M | $67.54M | $36.66M | $91.84M | $168.6M | $131.84M | $226.32M | $195.53M | $135.49M | $116.85M | $97.01M | $84.15M | $72.2M | $109.55M | $90.4M | $74.13M | $19.76M | $12.29M | $12.19M | $12.92M |
| Short-Term Investments | $608K | $2.53M | $23.9M | $0 | $810K | $4.66M | $5.57M | $7.19M | $4.35M | $203K | $3.44M | $1.42M | $20.66M | $2.43M | $5.06M | $203K | $8.51M | $5.87M | $9.52M | $4.05M | $4.35M | $0 | $37.97M | $0 | $81.01M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $142.17M | $458.61M | $172.35M | $346.01M | $438.76M | $283.73M | $50.33M | $61.67M | $50.83M | $76.15M | $54.17M | $68.96M | $57.31M | $94.27M | $173.66M | $132.04M | $234.82M | $201.41M | $145.01M | $120.91M | $101.36M | $84.15M | $110.17M | $109.55M | $171.4M | $74.13M | $19.76M | $12.29M | $12.19M | $12.92M |
| Accounts Receivable | $2.91B | $3.06B | $2.12B | $2B | $1.98B | $1.65B | $1.91B | $1.65B | $1.53B | $1.46B | $1.35B | $1.24B | $987.49M | $882.49M | $796.72M | $656.98M | $647.06M | $718.95M | $647.06M | $578.5M | $535.77M | $464.18M | $478.96M | $500.72M | $490.23M | $398.5M | $210.54M | $166.91M | $145.78M | $83.85M |
| Inventory | $1.95B | $2.13B | $1.88B | $1.93B | $1.4B | $1.01B | $1.13B | $1.11B | $928.97M | $935.04M | $812.82M | $758.04M | $633.99M | $578.1M | $577.59M | $488.58M | $440.38M | $545.09M | $445.45M | $407.68M | $372.54M | $317.45M | $306.82M | $364.03M | $386.01M | $284.38M | $158.44M | $135.6M | $119.41M | $85.98M |
| Other Current Assets | $0 | -$2.43M | $461.14M | $271.99M | $151.08M | $43.24M | $235.13M | $11.85M | $208.8M | $187.13M | $159.99M | $167.08M | $131.44M | $249.1M | $820.41M | $671.76M | $657.18M | $747M | $656.57M | $101K | $1.92M | $23.29M | $17.01M | $474.69M | $81.01M | $482.41M | $200.6M | $161.44M | $140.43M | $80.45M |
| Total Current Assets | $5B | $5.64B | $4.93B | $4.79B | $3.98B | $3.16B | $3.2B | $2.99B | $2.65B | $2.64B | $2.36B | $2.2B | $1.79B | $1.71B | $1.63B | $1.33B | $1.37B | $1.54B | $1.27B | $1.14B | $1.05B | $916M | $895.95M | $1.02B | $1.07B | $860.3M | $414.27M | $316.46M | $277.94M | $183.71M |
| Long-Term Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.83B | $1.92B | $1.7B | $1.41B | $1.23B | $1.17B | $1.24B | $829.32M | $816.67M | $816.67M | $765.73M | $780.82M | $647.16M | $567.36M | $575.57M | $549.04M | $562M | $602.7M | $541.24M | $518.56M | $577.39M | $522.81M | $539.62M | $625.28M | $702.9M | $487.17M | $299.27M | $281.28M | $259.17M | $168.32M |
| Goodwill | $10.24B | $10.82B | $9.4B | $7.68B | $6.33B | $5.91B | $5.84B | $5.41B | $5.1B | $4.81B | $4.33B | $4.03B | $3.22B | $2.93B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.64B | $1.66B | $1.22B | $328.67M | $255.61M | $185.79M | $99.15M |
| Intangible Assets | $3.73B | $3.9B | $3.53B | $1.52B | $1.4B | $1.43B | $1.29B | $1.16B | $1.12B | $967.24M | $920.16M | $736.98M | $654.45M | $555.92M | $796.72M | $656.98M | $647.06M | $718.95M | $1.89B | $1.8B | $1.63B | $1.43B | $1.51B | $17.45M | $18.92M | $18.34M | $14.41M | $14.55M | $13.58M | $13.08M |
| Long-Term Investments | $120.5M | $104.91M | $104.7M | $77.87M | $0 | $60.45M | $257.81M | $240.09M | $223.89M | $214.47M | $191.08M | $187.53M | $149.36M | $151.79M | $134.17M | $90.22M | $29.26M | $30.07M | $7.7M | $20.35M | $12.96M | $0 | $21.26M | $0 | -$73.89M | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $175.69M | $212.34M | $0 | $0 | $127.99M | $135.49M | $122.02M | $137.11M | $137.21M | $192.29M | $145.21M | $157.46M | $169.81M | $138.73M | $79.59M | $71.08M | $82.43M | $76.65M | $89.21M | $110.27M | $136.6M | $80.3M | $51.34M | $49.18M | $38.31M | $42.53M | $33.07M | $32.38M | $33.86M | $0 |
| Other Long-Term Assets | -$103K | $37.77M | $218.82M | $161.41M | $92.86M | $25.32M | $15.19M | $21.77M | $26.33M | $8M | $10.13M | $8.61M | $28.96M | $11.04M | $5.16M | $203K | $8.51M | $5.87M | $13.47M | $7.39M | $8.1M | $16.81M | $0 | $18.46M | $92.98M | $11.27M | $53.49M | $33.21M | $8.56M | $10.09M |
| Total Long-Term Assets | $16.1B | $17B | $14.95B | $10.85B | $9.19B | $8.73B | $8.76B | $7.8B | $7.42B | $7.01B | $6.36B | $5.9B | $4.87B | $4.35B | $3.98B | $3.26B | $2.94B | $3.01B | $2.55B | $2.46B | $2.36B | $2.05B | $2.12B | $2.35B | $2.44B | $1.78B | $728.9M | $617.04M | $500.96M | $290.64M |
| Other Assets | $0 | -$101K | $0 | $0 | $101K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $21.1B | $22.64B | $19.88B | $15.64B | $13.16B | $11.89B | $11.95B | $10.79B | $10.07B | $9.65B | $8.73B | $8.1B | $6.66B | $6.06B | $5.61B | $4.6B | $4.32B | $4.55B | $3.82B | $3.6B | $3.41B | $2.97B | $3.02B | $3.37B | $3.51B | $2.64B | $1.14B | $933.5M | $778.9M | $474.35M |
| Liabilities | ||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||
| Accounts Payable | $1.12B | $1.28B | $1.15B | $1.06B | $964.71M | $711.56M | $800.77M | $799.25M | $790.95M | $753.68M | $663.56M | $577.08M | $444.84M | $393.2M | $384.39M | $316.24M | $271.58M | $294.57M | $253.46M | $217M | $197.36M | $154.02M | $78.58M | $156.55M | $159.39M | $142.5M | $65.49M | $53.87M | $45.64M | $26.78M |
| Short-Term Debt | $1.23B | $1.21B | $995.7M | $958.74M | $510.86M | $355.83M | $669.43M | $833.58M | $624.07M | $397.85M | $463.17M | $469.44M | $493.65M | $334.26M | $752.06M | $290.01M | $192.5M | $768.37M | $532.43M | $636.02M | $800.87M | $566.45M | $386.92M | $535.57M | $412.59M | $141.6M | $7.89M | $13.42M | $8.98M | $2.19M |
| Current Income Tax Payable | $0 | $0 | $176.6M | $282.82M | $246.27M | $216.39M | $234.22M | $277.35M | $150.57M | $182.37M | $182.67M | $158.27M | $183.79M | $127.39M | $33.42M | $46.38M | $32.81M | $38.18M | $25.21M | $21.26M | $19.85M | $30.78M | $25.32M | $46.89M | $39.51M | $21.74M | $16.56M | $8.19M | $14.7M | $6.95M |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $1.14B | $1.05B | $277.35M | $800.97M | $838.64M | $726.65M | $676.52M | $650.6M | $631.97M | $576.98M | $411.02M | $400.99M | $443.52M | $350.16M | $331.63M | $304.49M | $242.32M | $213.86M | $46.89M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $2.33B | $2.45B | $1.32B | $1.06B | $1.32B | $824.46M | $659.11M | $661.94M | $405.04M | $665.69M | $497.49M | $648.27M | $116.35M | $693.94M | $544.78M | $321.6M | $289.3M | $323.93M | $251.84M | $270.77M | $247.58M | $199.38M | $150.78M | $251.93M | $188.48M | $180.14M | $87.78M | $78.85M | $56.53M | $39.7M |
| Total Current Liabilities | $4.85B | $5.11B | $4.51B | $4.01B | $3.17B | $2.62B | $2.81B | $2.87B | $2.48B | $2.24B | $2.07B | $1.96B | $1.71B | $1.71B | $1.88B | $1.13B | $952.46M | $1.57B | $1.2B | $1.25B | $1.37B | $1.03B | $830.13M | $990.93M | $887.36M | $566.51M | $217.2M | $174.33M | $146.86M | $91.77M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | $4.71B | $5.57B | $5.05B | $2.08B | $2.04B | $2.27B | $2.4B | $1.96B | $1.71B | $1.71B | $1.58B | $1.56B | $1.35B | $1.13B | $751.56M | $823.65M | $956.91M | $786.39M | $587.82M | $608.58M | $377.3M | $610.5M | $808.77M | $934.94M | $1.11B | $780.94M | $232.79M | $333.76M | $263.13M | $157.09M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $418.21M | $411.93M | $367.07M | $443.52M | $512.99M | $453.45M | $544.17M | $444.33M | $313.4M | $251.94M | $290.72M | $424.18M | $392.89M | $422.76M | $334.16M | $104.4M | $619.11M | $166.27M | $246.74M | $371.17M | $250.35M | $187.16M | $138.79M | $188.09M | $119.64M |
| Long-Term Deferred Tax Liabilities | $407.27M | $336.39M | $0 | $0 | $261.35M | $290.42M | $239.79M | $178.62M | $224.6M | $237.35M | $205.66M | $148.04M | $143.39M | $124.15M | $50.33M | $31.29M | $6.38M | $5.67M | $12.05M | $10.73M | $15.49M | $21.16M | $28.66M | $31.41M | $36.28M | $28.48M | $33.79M | $41.28M | $42.35M | $12.79M |
| Other Long-Term Liabilities | $329.81M | $296.39M | $629.03M | $586.2M | $394.82M | $83.84M | $101.56M | $509.34M | $528.18M | $165.46M | $211.53M | $234.82M | $98.83M | $71.29M | $270.16M | $216.09M | $17.82M | -$110.78M | $414.76M | $11.75M | $85.77M | $244.54M | $259.73M | $115.4M | $224.21M | $123.74M | $91.94M | $105.94M | $89.49M | $69.11M |
| Total Long-Term Liabilities | $5.95B | $6.69B | $6.09B | $2.93B | $2.95B | $3.31B | $3.15B | $2.66B | $2.46B | $2.63B | $2.45B | $2.48B | $2.04B | $1.64B | $1.32B | $1.36B | $1.41B | $1.07B | $1.01B | $965.22M | $582.96M | $879.85M | $1.11B | $1.09B | $1.37B | $933.17M | $358.52M | $480.98M | $394.97M | $238.99M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $10.8B | $11.8B | $10.6B | $6.94B | $6.11B | $5.93B | $5.96B | $5.54B | $4.94B | $4.87B | $4.52B | $4.45B | $3.74B | $3.35B | $3.2B | $2.49B | $2.36B | $2.65B | $2.21B | $2.22B | $1.95B | $1.91B | $1.94B | $2.08B | $2.26B | $1.5B | $575.73M | $655.31M | $541.83M | $330.76M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||
| Preferred Stock | $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 |
| Common Stock | $37.57M | $37.57M | $37.57M | $37.57M | $37.57M | $37.57M | $37.57M | $37.57M | $37.57M | $37.57M | $37.57M | $37.57M | $37.57M | $37.57M | $37.26M | $37.06M | $37.06M | $37.06M | $37.06M | $37.06M | $37.06M | $37.06M | $37.06M | $37.05M | $35.83M | $35.69M | $31.84M | $7.2M | $7.16M | $6.51M |
| Retained Earnings | $9.12B | $8.29B | $7.3B | $6.46B | $5.5B | $4.76B | $4.29B | $3.72B | $3.86B | $3.51B | $2.93B | $2.38B | $2.01B | $1.79B | $1.44B | $1.2B | $927.45M | $794.9M | $683.91M | $464.28M | $407.88M | $151.38M | $911K | $128.59M | $96.06M | $92.66M | $69.56M | $53.26M | $35.66M | $25.06M |
| Comprehensive Income & Other | $147.03M | $1.54B | $957.42M | $1.23B | $0 | $181.66M | $681.28M | $516.02M | $252.04M | $257.2M | $1.02B | $252.85M | -$105.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.04B | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $1.13B | $2.52B | $1.94B | $2.21B | $1.51B | $1.16B | $1.66B | $1.5B | $1.23B | $1.24B | $1.25B | $1.23B | $874.18M | $860.92M | $905.27M | $854.34M | $976.86M | $1.06B | $845.22M | $868.21M | $1B | $869.53M | $1.04B | $1.09B | $1.07B | $957.9M | $439.04M | $214.48M | $191.81M | $111.05M |
| Total Equity | $10.29B | $10.84B | $9.28B | $8.71B | $7.05B | $5.96B | $5.99B | $5.25B | $5.13B | $4.78B | $4.21B | $3.66B | $2.92B | $2.69B | $2.38B | $2.09B | $1.94B | $1.89B | $1.57B | $1.37B | $1.45B | $1.06B | $1.08B | $1.25B | $1.2B | $1.09B | $540.43M | $274.94M | $234.63M | $142.63M |
| Minority Interest | $12.35M | $1.01M | $1.62M | $1.22M | $911K | $911K | $1.11M | $1.01M | $911K | $506K | $405K | $203K | $0 | $18.53M | $21.06M | $17.11M | $16.4M | $16.51M | $20.35M | $6.08M | $7.19M | $0 | $1.62M | $33.51M | $48.78M | $56.69M | $27.02M | $3.25M | $2.44M | $962K |
| Total Liabilities and Equity | $21.09B | $22.64B | $19.88B | $15.65B | $13.16B | $11.89B | $11.95B | $10.79B | $10.07B | $9.65B | $8.73B | $8.1B | $6.66B | $6.04B | $5.59B | $4.58B | $4.3B | $4.54B | $3.78B | $3.59B | $3.4B | $2.97B | $3.02B | $3.33B | $3.46B | $2.59B | $1.12B | $930.25M | $776.46M | $473.38M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Total Debt | $6.62B | $7.44B | $6.6B | $3.43B | $2.91B | $2.98B | $3.07B | $2.97B | $2.33B | $2.11B | $2.04B | $2.03B | $1.84B | $1.47B | $1.5B | $1.11B | $1.15B | $1.42B | $1.12B | $1.24B | $987.19M | $994.28M | $1.3B | $1.38B | $1.53B | $922.55M | $240.68M | $347.17M | $272.11M | $159.27M |
| Net Debt | $6.48B | $6.99B | $6.45B | $3.09B | $2.47B | $2.7B | $3.02B | $2.92B | $2.28B | $2.03B | $1.99B | $1.96B | $1.81B | $1.38B | $1.34B | $974.53M | $919.85M | $1.22B | $984.76M | $1.13B | $890.18M | $910.13M | $1.23B | $1.27B | $1.44B | $848.41M | $220.92M | $334.88M | $259.92M | $146.35M |
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 | $2.34B | $2.46B | $1.38B | $1.88B | $1.44B | $1.26B | $1.48B | $617.28M | $1.25B | $977.87M | $1.12B | $937.37M | $701.13M | $759.56M | $526.96M | $612.22M | $442.91M | $432.28M | $341.05M | $177.81M | $264.59M | $151.38M | $108.65M | $128.59M | $96.06M | $92.66M | $69.56M | $53.26M | $35.66M | $25.06M |
| Depreciation & Amortization | $615.87M | $571.62M | $523.92M | $414.05M | $388.94M | $382.26M | $342.97M | $198.77M | $170.93M | $160.09M | $145.01M | $117.77M | $100.45M | $104.7M | $103.49M | $100.75M | $102.68M | $93.26M | $92.05M | $90.93M | $89.31M | $189.56M | $187.94M | $193.11M | $174.28M | $99.76M | $67.57M | $63.08M | $46.72M | $26.83M |
| Deferred Income Tax | $0 | $0 | $0 | -$5.77M | $0 | -$5.06M | -$4.96M | $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 | $7.29M | $5.77M | $0 | $5.06M | $4.96M | $4.56M | $4.05M | $4.25M | $3.95M | $3.75M | $3.44M | $2.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||
| Accounts Receivable | -$14.38M | -$28.35M | -$4.96M | -$146.32M | -$130.52M | $134.78M | -$23.19M | -$34.43M | -$70.48M | -$6.18M | -$72.2M | -$70.38M | -$52.66M | -$19.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$28.05M | -$6.08M | $241M | -$236.95M | -$298.01M | $69.57M | $57.92M | -$97.01M | -$16M | -$55.79M | -$14.89M | -$26.43M | -$16.81M | $0 | -$3.24M | -$34.23M | $99.94M | -$14.58M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$8.95M | $0 | -$1.03M |
| Accounts Payable | $0 | $0 | -$21.67M | -$41.31M | $0 | -$37.47M | -$44.86M | -$44.45M | $45.97M | $46.68M | $55.59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $5.27M | $55.49M | $195.74M | $138.02M | $277.15M | $97.01M | $25.11M | -$9.42M | -$19.24M | $62.07M | -$35.75M | -$4.25M | -$33.42M | $0 | -$20.86M | $70.88M | $47.9M | $14.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.66M | $0 | $5.26M |
| Total Working Capital Change | -$37.16M | $21.06M | $410.11M | -$286.57M | -$151.38M | $263.89M | $14.99M | -$106.42M | -$35.24M | $6.28M | -$50.63M | -$30.68M | -$50.23M | -$7.9M | -$24.1M | $36.66M | $147.84M | -$506K | $2.53M | $71.29M | $11.14M | $4.86M | $17.01M | $41M | -$7.81M | -$9.55M | -$2.74M | -$7.29M | $11.46M | $4.22M |
| Other Non-Cash Items | -$754.8M | -$884.71M | -$165.56M | -$550.25M | -$412.13M | -$524.63M | -$554.71M | $224.49M | -$448.89M | -$280.19M | -$348.24M | -$348.13M | -$121.11M | -$249.81M | -$64.91M | -$169.51M | -$93.56M | -$82.63M | -$43.64M | -$4.86M | -$15.7M | -$7.7M | $8.4M | $26.81M | $3.91M | -$668K | $8.49M | -$35.31M | -$4.07M | -$18.47M |
| Net Cash from Operating | $2.17B | $2.17B | $2.16B | $1.45B | $1.26B | $1.38B | $1.28B | $934.13M | $936.46M | $868.31M | $868.01M | $676.32M | $630.25M | $606.55M | $541.44M | $580.12M | $599.87M | $442.41M | $391.98M | $335.17M | $349.35M | $338.11M | $322.01M | $389.52M | $266.44M | $182.21M | $142.87M | $73.74M | $89.78M | $37.65M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -$244.14M | -$231.18M | -$239.68M | -$202.12M | -$173.46M | -$182.88M | -$186.52M | -$181.56M | -$213.15M | -$159.49M | -$157.46M | -$135.79M | -$132.45M | -$109.97M | -$90.93M | -$88.1M | -$83.54M | -$97.41M | -$106.32M | -$90.53M | -$81.51M | -$65.82M | -$70.27M | -$84.95M | -$84.04M | $0 | $0 | -$72.65M | $0 | -$95.68M |
| Acquisitions | -$1.07B | -$1.18B | -$4.6B | -$865.37M | -$143.99M | -$513.19M | -$385.09M | -$517.24M | -$677.03M | -$261.86M | -$321.2M | -$228.24M | -$488.99M | -$425.29M | -$567.77M | -$266.11M | -$116.25M | -$185.41M | $0 | -$316.14M | -$38.88M | -$91.54M | -$110.17M | -$347.79M | $0 | $0 | $0 | -$10.55M | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | -$1.62M | $0 | $0 | -$101K | -$101K | $0 | $10.63M | $53.67M | -$91.54M | -$69.97M | -$2.33M | $0 | $0 | $0 | $0 | $0 | -$4.56M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $1.62M | $0 | $0 | $0 | $0 | $0 | $101K | $1.92M | $0 | $0 | $0 | $1.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$18.02M | $3.44M | -$8.1M | -$1.92M | $4.15M | $13.47M | $18.33M | $48M | $13.16M | $9.92M | $31.9M | $7.19M | $101K | -$101K | $5.27M | $16.4M | $16.3M | $13.47M | $321.71M | $798.64M | $226.93M | $309.76M | $0 | $557K | -$636.15M | -$525.46M | -$143.18M | -$18.05M | -$207.27M | -$108.95M |
| Net Cash from Investing | -$1.33B | -$1.41B | -$4.85B | -$1.07B | -$313.3M | -$682.6M | -$553.29M | -$650.8M | -$877.02M | -$411.42M | -$446.76M | -$356.84M | -$610.6M | -$479.77M | -$744.97M | -$407.78M | -$185.81M | -$268.14M | $215.38M | $391.98M | $106.53M | $152.4M | -$185M | -$432.18M | -$720.19M | -$525.46M | -$143.18M | -$101.26M | -$207.27M | -$204.63M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Debt Repaid | -$202.22M | -$334.97M | -$2.98B | $139.84M | $249.61M | -$258.62M | -$173.36M | -$165.46M | -$59.64M | $122.12M | $82.73M | $73.21M | -$352.69M | $29.77M | -$355.12M | $87.19M | $245.46M | -$608K | $38.38M | -$586.4M | -$139.13M | -$129.31M | -$133.16M | $32.61M | -$463.49M | -$337.84M | $173.52M | -$48.69M | -$56.92M | - |
| Common Stock Issuance | -$18.33M | -$11.34M | $0 | $0 | -$5.47M | $0 | $0 | $0 | -$7.49M | -$8.1M | $0 | -$7.59M | -$5.27M | $45.57M | $31.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $152.89M | $201.02M | $0 | $65.03M | $30.39M |
| Common Stock Repurchases | $0 | $0 | -$8M | -$6.18M | $0 | -$2.23M | $0 | -$6.08M | -$13.16M | $0 | -$12.25M | $0 | $0 | -$3.85M | -$1.72M | -$4.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$664.57M | -$607.46M | -$539.92M | -$472.48M | -$438.66M | -$433.09M | -$393.7M | -$371.22M | -$337.4M | -$298.11M | -$243.73M | -$213.66M | -$203.23M | -$170.42M | -$149.06M | -$133.36M | -$133.36M | -$133.36M | -$120.4M | -$120.4M | -$96.3M | -$46.28M | -$46.28M | -$35.85M | -$32.18M | -$24.05M | -$18.04M | -$12.54M | -$8.14M | -$5.43M |
| Other Financing Activities | -$199.28M | -$185.21M | -$159.99M | -$140.35M | -$125.87M | -$130.73M | -$119.29M | -$24.91M | -$13.06M | -$4.15M | -$100.25M | $0 | -$218.22M | $101K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $351.17M | -$358.87M | $0 | $0 | $0 | $0 | $0 | $0 | -$2.39M |
| Net Cash from Financing | -$1.13B | -$450.31M | $2.5B | -$475.82M | -$791.05M | -$461.55M | -$739.3M | -$276.24M | -$87.19M | -$432.48M | -$438.96M | -$294.47M | -$74.02M | -$158.37M | $235.53M | -$262.97M | -$378.82M | -$132.75M | $158.78M | $87.19M | $235.43M | $175.59M | -$179.43M | $57.48M | $431.31M | $466.68M | $9.46M | -$53.01M | $113.81M | $22.57M |
| Forex Effect | -$17.62M | $2.03M | -$7.19M | -$506K | $2.03M | -$4.56M | $405K | $911K | -$1.72M | $911K | $911K | $5.87M | -$911K | -$5.67M | $4.76M | -$3.85M | -$4.46M | $18.53M | $810K | $10.53M | $13.37M | $3.75M | -$11.04M | -$171.29M | $728.66M | $439.81M | -$134.67M | $27.52M | $141.11M | $166.98M |
| Net Change in Cash | -$314.52M | $307.73M | -$197.56M | -$91.94M | $159.08M | $234.32M | -$9.72M | $8M | -$29.47M | $25.21M | -$16.81M | $30.88M | -$55.19M | -$76.76M | $36.76M | -$94.48M | $30.78M | $60.05M | $18.63M | $19.85M | -$5.97M | $13.87M | -$53.47M | -$156.48M | $706.22M | $563.23M | -$125.52M | -$53.01M | $137.42M | $22.57M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Operating Cash Flow | $2.17B | $2.17B | $2.16B | $1.45B | $1.26B | $1.38B | $1.28B | $934.13M | $936.46M | $868.31M | $868.01M | $676.32M | $630.25M | $606.55M | $541.44M | $580.12M | $599.87M | $442.41M | $391.98M | $335.17M | $349.35M | $338.11M | $322.01M | $389.52M | $266.44M | $182.21M | $142.87M | $73.74M | $89.78M | $37.65M |
| Capital Expenditure | -$280.9M | -$208.9M | -$267.23M | -$202.12M | -$173.46M | -$182.88M | -$186.52M | -$181.56M | -$213.15M | -$159.49M | -$157.46M | -$135.79M | -$132.45M | -$109.97M | -$90.93M | -$88.1M | -$83.54M | -$97.41M | -$106.32M | -$90.53M | -$81.51M | -$65.82M | -$70.27M | -$84.95M | -$84.04M | $0 | $0 | -$72.65M | $0 | -$95.68M |
| Free Cash Flow | $1.89B | $1.96B | $1.89B | $1.25B | $1.09B | $1.2B | $1.1B | $752.57M | $723.3M | $708.82M | $710.55M | $540.53M | $497.8M | $496.58M | $450.51M | $492.03M | $516.33M | $345M | $285.66M | $244.65M | $267.83M | $272.29M | $251.73M | $304.57M | $182.4M | $182.21M | $142.87M | $1.08M | $89.78M | -$58.03M |
| Cash at Beginning | $456.08M | $148.45M | $346.01M | $437.95M | $279.07M | $44.76M | $54.48M | $46.48M | $75.95M | $50.73M | $67.54M | $36.66M | $91.84M | $168.6M | $131.84M | $226.32M | $195.53M | $135.49M | $116.85M | $97.01M | $102.98M | $89.11M | $142.58M | $1.57B | $866.78M | $303.55M | $429.07M | $0 | $211.12M | $0 |
| Cash at End | $141.56M | $456.18M | $148.45M | $346.01M | $438.15M | $279.07M | $44.76M | $54.48M | $46.48M | $75.95M | $50.73M | $67.54M | $36.66M | $91.84M | $168.6M | $131.84M | $226.32M | $195.53M | $135.49M | $116.85M | $97.01M | $102.98M | $89.11M | $1.42B | $1.57B | $866.78M | $303.55M | -$53.01M | $348.54M | $22.57M |