HILLS BANCORPORATION (HBIA)
Hills Bancorporation, founded in 1904 and headquartered in Hills, Iowa, functions as the parent company for Hills Bank and Trust Company. This institution provides a broad spectrum of commercial banking and financial services to a varied clientele, including individuals, businesses, governmental organizations, and other institutional customers. Its banking operations involve accepting various deposit types, such as demand, savings, and term accounts. The company also offers a comprehensive suite of lending products, including real estate financing like mortgages and construction loans, commercial and financial credit, agricultural loans, and a range of personal consumer loans for vehicles, installments, and other purposes. Beyond core banking, Hills Bancorporation maintains convenient amenities like night deposit boxes and safe deposit facilities, alongside providing collection, exchange, and other financial services. Furthermore, the company delivers extensive trust and wealth management services. This includes administering estates, personal trusts, and pension plans, as well as offering farm management, investment advisory, and custodial solutions for individuals, corporations, and nonprofit entities. It also originates residential mortgages that are then sold in the secondary market, without retaining the mortgage servicing rights. The company conducts its operations from its primary office in Hills, Iowa, supported by 18 full-service branch locations distributed across Johnson, Linn, and Washington counties within Iowa.
Sector: State Commercial Banks
Industry: Banks - Regional
Hills Bancorporation
OTC:HBIAFinancial Services · Banks - Regional
+0.51%$47.00
Mkt Cap$819.53M
Float16.74M
O/S17.44M
Inst Own0.1%
SI<0.1%
Div Yield1.31%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$257.05M
Net Income$60.5M
Total Assets$4.65B
Free Cash Flow$65.14M
Debt & Equity
Debt 52%
Equity 48%
Total Debt$652.92M
Total Equity$602.71M
Shares Outstanding
Short Interest
Split History4 splits
- 2:1Forward splitJun 17, 20261 share → 2
- 2:1Forward splitJun 9, 20261 share → 2
- 2:1Forward splitMay 5, 20151 share → 2
- 3:1Forward splitApr 28, 20041 share → 3
Balance Sheet Details
Assets$4.65B
Liabilities$4.05B
Accounts Receivable$23.4M
Accounts Payable$3.45M
Inventory$0
PP&E (Net)$36.02M
Goodwill$2.5M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $257.05M | $230.26M | $199.53M | $158.87M | $155.55M | $156.87M | $157.12M | $142.62M | $126.77M | $117.67M | $112.97M | $105.94M | $104.1M | $109.98M | $111.85M | $87.25M | $77.96M | $70.66M | $112.91M | $102.23M | $87.21M | $77.87M | $50.33M | $74.79M | $72.97M | $67.51M | $57.56M |
| YoY Growth | 11.6% | 15.4% | 25.6% | 2.1% | -0.8% | -0.2% | 10.2% | 12.5% | 7.7% | 4.2% | 6.6% | 1.8% | -5.3% | -1.7% | 28.2% | 11.9% | 10.3% | -37.4% | 10.5% | 17.2% | 12.0% | 54.7% | -32.7% | 2.5% | 8.1% | 17.3% | - |
| Cost of Revenue | $95.92M | $89.83M | $72.65M | $22.43M | $12.12M | $31.31M | $31.99M | $34.82M | $19.66M | $14.92M | $16.62M | $16.08M | $17.98M | $18.68M | $30.02M | $85.58M | $76.77M | $69.62M | $53.48M | $45.37M | $32.46M | $25.36M | $46.05M | $33.59M | $35.36M | $34.01M | $27.21M |
| Gross Profit | $161.13M | $140.44M | $126.87M | $136.44M | $143.43M | $125.56M | $125.13M | $107.8M | $107.11M | $102.75M | $96.35M | $89.86M | $86.12M | $91.31M | $81.83M | $1.67M | $1.19M | $1.04M | $59.43M | $56.86M | $54.75M | $52.51M | $4.28M | $41.2M | $37.62M | $33.49M | $30.34M |
| Gross Margin | 62.7% | 61.0% | 63.6% | 85.9% | 92.2% | 80.0% | 79.6% | 75.6% | 84.5% | 87.3% | 85.3% | 84.8% | 82.7% | 83.0% | 73.2% | 1.9% | 1.5% | 1.5% | 52.6% | 55.6% | 62.8% | 67.4% | 8.5% | 55.1% | 51.5% | 49.6% | 52.7% |
| 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 |
| Selling, General, and Administrative | $51.32M | $49.44M | $49.55M | $47.12M | $45.63M | $43.56M | $39.5M | $38.35M | $36.81M | $35.2M | $34.73M | $32.81M | $30.48M | $30.1M | $27.92M | $37M | $35.34M | $23.39M | $22.54M | $21.61M | $20.15M | $20.09M | $18.89M | $16.22M | $13.06M | $11.78M | $10.92M |
| Other | $34.12M | $30.79M | $28.84M | $28.45M | $35.71M | $32.07M | $27.77M | $23.77M | $22.71M | $21.6M | $20.73M | $18.95M | $18.79M | $23.83M | $16.3M | -$67.91M | -$55.35M | -$42.05M | $13.61M | $12.76M | $12.71M | $11.87M | -$35.88M | $8.39M | $9.8M | $8.29M | $7.39M |
| Total Operating Expenses | $85.44M | $80.23M | $78.4M | $75.58M | $81.34M | $75.63M | $67.26M | $62.12M | $59.51M | $56.8M | $55.46M | $51.76M | $49.28M | $53.93M | $44.23M | -$30.9M | -$20.01M | -$18.65M | $36.15M | $34.36M | $32.86M | $31.96M | -$16.99M | $24.61M | $22.86M | $20.07M | $18.31M |
| Operating Income (EBIT) | $75.69M | $60.2M | $48.47M | $60.87M | $62.09M | $49.92M | $57.87M | $45.67M | $47.6M | $45.95M | $40.89M | $38.1M | $36.84M | $37.38M | $37.61M | $32.57M | $21.2M | $19.7M | $23.28M | $22.49M | $21.89M | $20.55M | $21.27M | $16.59M | $14.76M | $13.43M | $12.04M |
| Operating Margin | 29.4% | 26.1% | 24.3% | 38.3% | 39.9% | 31.8% | 36.8% | 32.0% | 37.5% | 39.0% | 36.2% | 36.0% | 35.4% | 34.0% | 33.6% | 37.3% | 27.2% | 27.9% | 20.6% | 22.0% | 25.1% | 26.4% | 42.3% | 22.2% | 20.2% | 19.9% | 20.9% |
| Interest Expense | $83.59M | $87.62M | $57.03M | $16.09M | $17.63M | $26.95M | $34.87M | $26.32M | $17.97M | $16.09M | $14.97M | $15.04M | $16.85M | $21.53M | $24.36M | $27.84M | $37.14M | $43.48M | $49.95M | $42.36M | $30.36M | $23.89M | $26.41M | $31.14M | $34.44M | $33.06M | $26.31M |
| Interest Income | $233.77M | $203.44M | $170.92M | $131.09M | $122.09M | $128.53M | $132.33M | $118.8M | $105.95M | $97.68M | $92.17M | $86.58M | $84.89M | $89.22M | $93.35M | $94.99M | $96.19M | $97.47M | $96.93M | $87.62M | $74.4M | $65.32M | $63.38M | $64.56M | $63.72M | $59.99M | $51.12M |
| Other Income (Expense) | $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 |
| Income Before Tax (EBT) | $75.69M | $60.2M | $48.47M | $60.87M | $62.09M | $49.92M | $57.87M | $45.67M | $47.6M | $45.95M | $40.89M | $38.1M | $36.84M | $37.38M | $37.61M | $32.57M | $21.2M | $19.7M | $23.28M | $22.49M | $21.89M | $20.55M | $21.27M | $16.59M | $14.76M | $13.43M | $12.04M |
| Income Tax Expense | $15.19M | $12.6M | $10.3M | $13.11M | $14.01M | $11.28M | $12.55M | $8.9M | $19.54M | $14.39M | $12.47M | $11.13M | $10.91M | $10.54M | $10.83M | $9.26M | $5.22M | $5.56M | $7.14M | $6.93M | $6.68M | $6.35M | $7M | $5.12M | $4.61M | $4.06M | $3.57M |
| Net Income | $60.5M | $47.6M | $38.18M | $47.75M | $48.09M | $38.65M | $45.32M | $36.77M | $28.06M | $31.55M | $28.42M | $26.97M | $25.93M | $26.83M | $26.78M | $23.32M | $15.98M | $14.14M | $16.14M | $15.56M | $15.2M | $14.2M | $14.27M | $11.46M | $10.14M | $9.37M | $8.47M |
| Net Income Margin | 23.5% | 20.7% | 19.1% | 30.1% | 30.9% | 24.6% | 28.8% | 25.8% | 22.1% | 26.8% | 25.2% | 25.5% | 24.9% | 24.4% | 23.9% | 26.7% | 20.5% | 20.0% | 14.3% | 15.2% | 17.4% | 18.2% | 28.3% | 15.3% | 13.9% | 13.9% | 14.7% |
| Supplementary Data | |||||||||||||||||||||||||||
| EPS | 0.86 | 0.66 | 0.52 | 0.64 | 0.65 | 0.52 | 0.60 | 0.49 | 0.38 | 0.42 | 0.38 | 0.36 | 0.34 | 0.36 | 0.38 | 0.33 | 0.23 | 0.20 | 0.23 | 0.21 | 0.21 | 0.20 | 0.20 | 0.16 | 0.14 | 0.13 | 0.12 |
| Diluted EPS | 0.86 | 0.66 | 0.52 | 0.64 | 0.65 | 0.52 | 0.60 | 0.49 | 0.38 | 0.42 | 0.38 | 0.36 | 0.34 | 0.35 | 0.38 | 0.33 | 0.23 | 0.20 | 0.22 | 0.21 | 0.21 | 0.20 | 0.20 | 0.16 | 0.14 | 0.13 | 0.12 |
| Weighted Average OS | 71.02M | 72.41M | 73.41M | 74.14M | 74.46M | 74.95M | 74.85M | 74.93M | 74.64M | 74.30M | 74.75M | 75.11M | 75.36M | 75.46M | 71.21M | 70.52M | 70.76M | 71.49M | 71.99M | 72.90M | 72.86M | 72.80M | 72.54M | 71.96M | 71.86M | 71.80M | 71.21M |
| EBITDA | $80.97M | $62.7M | $51.08M | $63.66M | $65.54M | $53.44M | $61.29M | $48.68M | $50.45M | $48.69M | $43.63M | $40.66M | $39.63M | $40.16M | $40.03M | $0 | $0 | $21.93M | $25.53M | $24.89M | $24.3M | $23.01M | $0 | $18.9M | $17.27M | $15.33M | $13.78M |
| EBITDA Margin | 31.5% | 27.2% | 25.6% | 40.1% | 42.1% | 34.1% | 39.0% | 34.1% | 39.8% | 41.4% | 38.6% | 38.4% | 38.1% | 36.5% | 35.8% | - | - | 31.0% | 22.6% | 24.4% | 27.9% | 29.6% | - | 25.3% | 23.7% | 22.7% | 23.9% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | |||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||
| Cash and Cash Equivalents | $42.11M | $123.4M | $59.48M | $36.64M | $781.92M | $574.31M | $241.97M | $43.3M | $154.35M | $38.2M | $35.43M | $29.17M | $43.7M | $63.58M | $29.29M | $62.98M | $24.09M | $22.57M | $32.38M | $23.4M | $29.96M | $23.01M | $24.19M | $32.65M | $37.07M | $25.67M | $21.77M |
| Short-Term Investments | $801.55M | $394.83M | $779.42M | $776.1M | $551.35M | $408.37M | $355.3M | $318.93M | $285.15M | $267.54M | $264.24M | $258.99M | $238.51M | $226.18M | $211.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $843.67M | $518.23M | $838.9M | $812.75M | $1.33B | $982.68M | $597.27M | $362.23M | $439.51M | $305.73M | $299.66M | $288.17M | $282.21M | $289.76M | $240.66M | $62.98M | $24.09M | $22.57M | $32.38M | $23.4M | $29.96M | $23.01M | $24.19M | $32.65M | $37.07M | $25.67M | $21.77M |
| Accounts Receivable | $23.4M | $21.4M | $19.79M | $15.78M | $11.44M | $12.18M | $12.44M | $11.78M | $10.77M | $9.12M | $8.67M | $8.28M | $7.68M | $7.85M | $8.69M | $8.69M | $9.68M | $10.44M | $11.39M | $10.29M | $8.62M | $7.35M | $7.3M | $7.28M | $7.26M | $7.52M | $6.38M |
| 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 |
| Other Current 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 |
| Total Current Assets | $867.07M | $539.63M | $858.69M | $828.53M | $1.34B | $994.86M | $609.71M | $374.01M | $450.28M | $314.86M | $308.33M | $296.44M | $289.89M | $300.57M | $253.23M | $76.7M | $40.72M | $33.01M | $43.77M | $33.69M | $38.58M | $30.36M | $31.5M | $39.92M | $44.33M | $33.19M | $28.14M |
| Long-Term Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $36.02M | $35.87M | $34.23M | $33.52M | $34.29M | $35.88M | $37.15M | $37.05M | $37.86M | $37.86M | $33.52M | $29.07M | $29.84M | $30.62M | $30.32M | $26.81M | $26.42M | $23.61M | $21.22M | $22.06M | $22.27M | $21.81M | $22.21M | $21.5M | $21M | $16.5M | $11.65M |
| Goodwill | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $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 |
| Long-Term Investments | $3.51B | $3.94B | $3.39B | $3.07B | $2.63B | $2.72B | $2.61B | $2.59B | $2.44B | $2.26B | $2.1B | $1.97B | $1.81B | $1.73B | $1.69B | $1.78B | $1.71B | $1.68B | $1.56B | $1.46B | $1.34B | $1.21B | $1.1B | $205.83M | $182.15M | $153.28M | $150.27M |
| Deferred Tax Assets | $18.47M | $21.13M | $21.27M | $24.06M | $9.13M | $6.09M | $8.02M | $10.87M | $8.81M | $12.61M | $11.7M | $9.94M | $8.61M | $7.14M | $8.53M | $9.87M | $8.89M | $8.96M | $7.73M | $7.61M | $6.82M | $4.51M | $2.41M | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $208.93M | $48.31M | $33.58M | $23.23M | $23.16M | $25.08M | $28.84M | $24.96M | $27.59M | $26.69M | $32.83M | $30.52M | $30.79M | $33.62M | $37.19M | $38.09M | $38.5M | $34.07M | $26.88M | $24.11M | $24.07M | $20.01M | $27.37M | -$227.33M | -$203.15M | -$169.78M | -$161.91M |
| Total Long-Term Assets | $3.78B | $4.05B | $3.48B | $3.15B | $2.7B | $2.79B | $2.69B | $2.67B | $2.51B | $2.34B | $2.19B | $2.04B | $1.88B | $1.8B | $1.77B | $1.85B | $1.79B | $1.75B | $1.62B | $1.52B | $1.4B | $1.26B | $1.15B | $227.33M | $203.15M | $169.78M | $161.91M |
| 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 | $831.29M | $728.63M | $672.78M | $583.91M |
| Total Assets | $4.65B | $4.59B | $4.34B | $3.98B | $4.04B | $3.78B | $3.3B | $3.04B | $2.96B | $2.66B | $2.49B | $2.33B | $2.17B | $2.1B | $2.02B | $1.93B | $1.83B | $1.78B | $1.66B | $1.55B | $1.43B | $1.29B | $1.18B | $1.1B | $976.11M | $875.75M | $773.97M |
| Liabilities | |||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||
| Accounts Payable | $3.45M | $9.91M | $6.1M | $1.39M | $1.17M | $1.73M | $2.47M | $1.81M | $1.29M | $984K | $846K | $902K | $1.1M | $1.36M | $1.63M | $2M | $2.34M | $2.91M | $3.23M | $3.5M | $2.31M | $1.63M | $1.74M | $2.13M | $2.68M | $2.87M | $2.04M |
| Short-Term Debt | $587.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $47.5M | $42.02M | $77.57M | $105.57M | $46.93M | $68.53M | $99.94M | $87.08M | $59.06M | $34.54M | $37.98M | $59.85M | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| 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 | $0 |
| Other Current Liabilities | -$3.45M | $3.35B | $3.28B | $3.36B | $3.53B | $3.19B | $2.66B | $2.42B | $2.29B | $2.04B | $1.89B | $1.84B | $1.71B | $1.66B | $1.53B | $1.48B | $1.35B | $1.24B | $1.14B | $1.11B | $1.04B | $957.24M | $868.65M | -$2.13M | -$2.68M | -$2.87M | -$2.04M |
| Total Current Liabilities | $587.22M | $3.36B | $3.29B | $3.36B | $3.54B | $3.19B | $2.66B | $2.42B | $2.29B | $2.04B | $1.89B | $1.88B | $1.75B | $1.74B | $1.63B | $1.53B | $1.42B | $1.34B | $1.24B | $1.17B | $1.08B | $998.49M | $931.97M | $2.13M | $2.68M | $2.87M | $2.04M |
| Long-Term Liabilities | |||||||||||||||||||||||||||
| Long-Term Debt | $64.33M | $564.69M | $296.65M | $122.06M | $249K | $105M | $185M | $215M | $295M | $268.49M | $269.05M | $187.5M | $167.02M | $125M | $185M | $195M | $225M | $265M | $265.35M | $235.38M | $223.16M | $167.54M | $167.57M | $167.61M | $137.64M | $120.67M | $108.7M |
| 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 |
| Long-Term Deferred Tax Liabilities | $2.63M | $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 | $3.39B | $126.57M | $241M | $20.39M | $20.69M | $19.66M | $25.01M | $20.78M | $22.19M | $18.95M | $22.43M | -$27.65M | -$26.68M | -$24.02M | -$35.63M | $38.35M | $33.21M | $32.78M | $27.6M | $23.74M | $25.43M | $20.62M | -$12.79M | -$167.61M | -$137.64M | -$120.67M | -$108.7M |
| Total Long-Term Liabilities | $3.46B | $691.25M | $537.65M | $142.45M | $20.94M | $124.66M | $210.01M | $235.78M | $317.19M | $287.44M | $291.48M | $159.85M | $140.34M | $100.98M | $149.37M | $233.35M | $258.21M | $297.78M | $292.95M | $259.12M | $248.59M | $188.16M | $154.78M | $167.61M | $137.64M | $120.67M | $108.7M |
| 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 | $840.72M | $757.63M | $683.69M | $602.96M |
| Total Liabilities | $4.05B | $4.05B | $3.83B | $3.5B | $3.56B | $3.32B | $2.87B | $2.66B | $2.61B | $2.33B | $2.18B | $2.04B | $1.89B | $1.84B | $1.78B | $1.77B | $1.68B | $1.64B | $1.53B | $1.43B | $1.32B | $1.19B | $1.09B | $1.01B | $897.95M | $807.23M | $713.7M |
| 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 |
| Common 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 |
| Retained Earnings | $629.07M | $578.88M | $541.33M | $512.84M | $474.39M | $439.83M | $409.51M | $371.85M | $341.56M | $319.98M | $294.49M | $271.92M | $250.37M | $229.63M | $207.79M | $185.41M | $166.12M | $154.18M | $144.12M | $131.85M | $119.99M | $108.2M | $97.19M | $85.77M | $76.93M | $69.18M | $61.98M |
| Comprehensive Income & Other | -$1.3M | -$27.3M | -$27.18M | -$41.06M | $1.48M | $8.78M | $1.42M | -$3.25M | -$2.45M | -$3.36M | -$1.2M | -$448K | $1.59M | $3.96M | $4.97M | $2.78M | $4.2M | $3.65M | $647K | -$1.26M | -$1.78M | $576K | $3.09M | $4.72M | $3.02M | $698K | -$981K |
| Other Stockholders' Equity | -$26.36M | -$37.94M | -$26.19M | -$33.57M | $14.07M | $23.57M | $17.53M | $11.9M | $13.47M | $10.07M | $15.25M | $18.18M | $22.99M | $26.29M | $28.46M | -$19.14M | -$14.35M | -$14.81M | -$13.43M | -$13.21M | -$10.51M | -$4.4M | -$424K | $2.31M | $1.22M | -$655K | -$1.72M |
| Total Equity | $602.71M | $540.94M | $515.14M | $479.27M | $488.46M | $463.4M | $427.04M | $383.75M | $355.02M | $330.05M | $309.74M | $290.1M | $273.36M | $255.91M | $236.25M | $166.27M | $151.78M | $139.36M | $130.69M | $118.64M | $109.48M | $103.8M | $96.77M | $88.08M | $78.16M | $68.52M | $60.26M |
| 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 |
| Total Liabilities and Equity | $4.65B | $4.59B | $4.34B | $3.98B | $4.04B | $3.78B | $3.3B | $3.04B | $2.96B | $2.66B | $2.49B | $2.33B | $2.17B | $2.1B | $2.02B | $1.93B | $1.83B | $1.78B | $1.66B | $1.55B | $1.43B | $1.29B | $1.18B | $1.1B | $976.11M | $875.75M | $773.97M |
| Supplementary Data | |||||||||||||||||||||||||||
| Total Debt | $652.92M | $564.69M | $296.65M | $122.06M | $249K | $105M | $185M | $215M | $295M | $268.49M | $269.05M | $235M | $209.03M | $202.57M | $290.57M | $241.93M | $293.53M | $364.94M | $352.42M | $294.44M | $257.7M | $205.53M | $227.43M | $167.61M | $137.64M | $120.67M | $108.7M |
| Net Debt | $610.81M | $441.29M | $237.17M | $85.42M | -$781.67M | -$469.31M | -$56.97M | $171.69M | $140.65M | $230.29M | $233.62M | $205.82M | $165.33M | $138.98M | $261.28M | $178.95M | $269.44M | $342.36M | $320.04M | $271.05M | $227.74M | $182.52M | $203.23M | $134.96M | $100.57M | $95M | $86.94M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | $60.5M | $47.6M | $38.18M | $47.75M | $48.09M | $38.65M | $45.32M | $36.77M | $28.06M | $31.55M | $28.42M | $26.97M | $25.93M | $26.83M | $26.78M | $23.32M | $15.98M | $14.14M | $16.14M | $15.56M | $15.2M | $14.2M | $14.27M | $11.46M | $10.14M | $9.37M | $8.47M |
| Depreciation & Amortization | $5.28M | $2.5M | $2.61M | $2.79M | $3.45M | $3.51M | $3.43M | $3.01M | $2.86M | $2.75M | $2.75M | $2.56M | $2.79M | $2.79M | $2.42M | $2.57M | $2.41M | $2.24M | $2.25M | $2.4M | $2.42M | $2.47M | $2.24M | $2.32M | $2.51M | $1.91M | $1.75M |
| Deferred Income Tax | -$2.5M | $176K | -$1.87M | -$1.31M | $971K | -$520K | $1.3M | -$1.97M | $3.24M | $424K | -$1.29M | -$71K | $3K | $2.02M | -$20K | $7.35M | -$273K | $10.68M | $855K | $409K | $0 | -$621K | $520K | -$1.1M | $47K | -$315K | -$847K |
| Stock-Based Compensation | $1.69M | $2.73M | $1.66M | $1.37M | $1.64M | $1.3M | $1.15M | $1.47M | $1.46M | $1.36M | $1.69M | $1.58M | $1.02M | $1.05M | $16K | $15K | $62K | $21K | $42K | $44K | $0 | $7K | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||
| Accounts Receivable | -$2M | -$1.62M | -$4M | -$4.34M | $740K | $265K | -$658K | -$1.01M | -$1.65M | -$449K | -$396K | -$600K | $175K | $838K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$25K | -$21K | $266K | $0 | -$491K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$364.23M | -$440.5M | -$281.26M | -$264.71M | -$248.96M | -$242.48M | -$258.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$2.91M | $1.59M | $4.81M | -$332K | -$3.63M | -$5.62M | $650K | -$1.42M | $4.26M | -$1.28M | $701K | $852K | -$743K | -$1.3M | $0 | $0 | $197K | $2.94M | $2.05M | $379K | $1.88M | $1.81M | -$1.46M | $1.09M | -$49K | $492K | $1.65M |
| Other Working Capital | -$4.01M | -$851K | -$2.6M | $984K | $392K | $1.32M | -$2.68M | $363.15M | $441.47M | $281.37M | $264.28M | $248.94M | $247.87M | $258.83M | $1.45M | $5.67M | -$7.58M | -$2.77M | -$625K | -$1.44M | -$2.64M | -$76K | $135K | -$741K | -$359K | $263K | -$1.33M |
| Total Working Capital Change | -$8.91M | -$877K | -$1.79M | -$3.69M | -$2.5M | -$4.03M | -$2.69M | -$3.52M | $3.58M | -$1.62M | -$126K | $233K | $4.83M | -$513K | $1.45M | $5.67M | -$7.38M | $170K | $1.42M | -$1.06M | -$761K | $1.73M | -$1.35M | $333K | -$142K | $755K | -$168K |
| Other Non-Cash Items | $12.75M | $3.41M | $14.06M | $9.55M | $33.42M | -$30.76M | -$9.18M | $11.98M | $6.7M | -$5.33M | $1.02M | $1.87M | $25.22M | -$6.37M | -$8.05M | -$198K | $14.31M | -$3.03M | -$1.37M | -$903K | $6.07M | $783K | $6.59M | $1.65M | $1.22M | $987K | $1.65M |
| Net Cash from Operating | $68.81M | $55.54M | $52.84M | $56.46M | $85.07M | $8.15M | $39.32M | $47.74M | $45.9M | $29.13M | $32.45M | $33.15M | $59.8M | $25.81M | $22.6M | $38.73M | $25.12M | $24.21M | $19.34M | $16.45M | $22.93M | $18.56M | $22.27M | $14.66M | $13.78M | $12.7M | $10.84M |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | -$3.67M | -$4.5M | -$3.03M | -$1.91M | -$1.46M | -$1.86M | -$3.17M | -$2.21M | -$2.85M | -$7.08M | -$7.2M | -$1.79M | -$2M | -$3.09M | -$5.94M | -$2.96M | -$5.22M | -$4.97M | -$1.41M | -$2.2M | -$2.87M | -$2.07M | -$2.95M | -$2.82M | -$6.71M | -$6.5M | -$1.94M |
| Acquisitions | $0 | $0 | $0 | $0 | $49.48M | -$71.13M | -$12.11M | -$167.68M | -$181.14M | -$146.37M | -$138.22M | -$161.74M | -$105.9M | -$32.67M | $0 | -$69.05M | -$45.21M | -$129.87M | -$76.9M | -$140.52M | -$145.59M | -$131.51M | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$252.59M | -$545.21M | -$100.65M | -$358.98M | -$245.38M | -$129.36M | -$104.54M | -$90.3M | -$85.77M | -$62.55M | -$60.14M | -$79.85M | -$58.5M | -$64.17M | -$49.02M | -$54.19M | -$47.84M | -$43.83M | -$56.76M | -$21.96M | -$67.47M | -$71.4M | -$114.52M | -$88.03M | -$77.69M | -$60.02M | -$60.09M |
| Sales of Investments | $266.32M | $373.54M | $116.59M | $78.04M | $91.46M | $85.84M | $75.77M | $57.28M | $65.34M | $54.32M | $50.83M | $58.09M | $40.99M | $49.34M | $46.98M | $48.55M | $48.43M | $47.47M | $36.76M | $40.31M | $71.64M | $97.53M | $108.11M | $62.96M | $50.95M | $29.91M | $85.76M |
| Other Investing Activities | -$133.79M | -$14.2M | -$344.92M | -$448.75M | $3.68M | $120K | $818K | $168K | $520K | $182K | $640K | $1.21M | $1.48M | $3.18M | -$106.61M | $1.48M | -$6.71M | -$2.24M | -$1.69M | $484K | $415K | -$5.73M | -$94.77M | -$99.31M | -$56.74M | -$62.44M | -$105.37M |
| Net Cash from Investing | -$123.73M | -$190.37M | -$332M | -$731.61M | -$102.23M | -$116.39M | -$43.23M | -$202.73M | -$203.91M | -$161.5M | -$154.08M | -$184.07M | -$123.94M | -$47.41M | -$114.59M | -$76.16M | -$56.57M | -$133.43M | -$100M | -$123.89M | -$143.87M | -$113.18M | -$104.14M | -$127.19M | -$90.19M | -$99.05M | -$81.64M |
| Financing Activities | |||||||||||||||||||||||||||
| Debt Repaid | $20.57M | $170.32M | -$256.65M | -$40M | $105M | $80M | $30M | $80M | -$60M | -$10M | -$85M | -$15M | - | $60M | $10M | $30M | $40M | $348K | -$29.97M | -$12.22M | -$55.62M | $32K | $32K | -$29.97M | -$16.97M | -$11.97M | -$32.97M |
| Common Stock Issuance | $465K | $0 | $0 | $1.24M | $0 | $5.84M | $5.03M | $4.71M | $3.76M | $0 | $0 | $0 | $0 | $0 | $25.82M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$15.74M | -$12.9M | -$7.71M | -$7.91M | -$3.57M | -$8.55M | -$5.53M | -$6.78M | -$2.44M | -$3.93M | -$3.45M | -$4.01M | -$1.39M | -$2.44M | -$4.11M | -$1.63M | -$2.13M | -$3.4M | -$1.32M | -$3.31M | -$63K | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$10.32M | -$10.05M | -$9.69M | -$9.3M | -$8.77M | -$8.32M | -$7.66M | -$7M | -$6.49M | -$6.06M | -$5.86M | -$5.42M | -$5.19M | -$5M | -$4.4M | -$4.02M | -$4.04M | -$4.09M | -$3.87M | -$3.7M | -$3.41M | -$3.19M | -$2.85M | -$2.62M | -$2.39M | -$2.17M | -$1.91M |
| Other Financing Activities | $21.7M | $63.66M | -$74.19M | -$175.97M | $341.85M | $531.62M | $240.74M | $133.02M | $252.82M | $145.68M | $55.64M | $125.35M | $47.6M | $137.33M | $45.12M | $133.58M | $110.54M | $94.38M | $36.85M | $71M | $79.19M | $88.59M | $67.17M | $80.76M | $73.24M | $80.45M | $45.08M |
| Net Cash from Financing | -$26.36M | $198.74M | $302M | -$70.13M | $224.76M | $440.59M | $202.57M | $43.95M | $274.17M | $135.13M | $127.88M | $136.4M | $44.26M | $55.9M | $58.3M | $76.32M | $32.97M | $99.41M | $89.64M | $100.87M | $127.89M | $93.43M | $73.41M | $108.11M | $87.82M | $90.25M | $76.13M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $1.06M | $63.92M | $22.84M | -$745.28M | $207.61M | $332.35M | $198.66M | -$111.05M | $116.16M | $2.77M | $6.25M | -$14.53M | -$19.88M | $34.29M | -$33.69M | $38.88M | $1.52M | -$9.81M | $8.99M | -$6.56M | $6.95M | -$1.19M | -$8.45M | -$4.42M | $11.4M | $3.9M | $5.34M |
| Supplementary Data | |||||||||||||||||||||||||||
| Operating Cash Flow | $68.81M | $55.54M | $52.84M | $56.46M | $85.07M | $8.15M | $39.32M | $47.74M | $45.9M | $29.13M | $32.45M | $33.15M | $59.8M | $25.81M | $22.6M | $38.73M | $25.12M | $24.21M | $19.34M | $16.45M | $22.93M | $18.56M | $22.27M | $14.66M | $13.78M | $12.7M | $10.84M |
| Capital Expenditure | -$3.67M | -$4.5M | -$3.03M | -$1.91M | -$1.46M | -$1.86M | -$3.17M | -$2.21M | -$2.85M | -$7.08M | -$7.2M | -$1.79M | -$2M | -$3.09M | -$5.94M | -$2.96M | -$5.22M | -$4.97M | -$1.41M | -$2.2M | -$2.87M | -$2.07M | -$2.95M | -$2.82M | -$6.71M | -$6.5M | -$1.94M |
| Free Cash Flow | $65.14M | $51.04M | $49.81M | $54.55M | $83.61M | $6.29M | $36.15M | $45.53M | $43.04M | $22.05M | $25.25M | $31.35M | $57.8M | $22.71M | $16.66M | $35.77M | $19.89M | $19.24M | $17.94M | $14.26M | $20.06M | $16.49M | $19.32M | $11.84M | $7.07M | $6.2M | $8.91M |
| Cash at Beginning | $1.9M | $59.48M | $36.64M | $781.92M | $574.31M | $241.97M | $43.3M | $154.35M | $38.2M | $35.43M | $29.17M | $43.7M | $63.58M | $29.29M | $62.98M | $24.09M | $22.57M | $32.38M | $23.4M | $29.96M | $23.01M | $24.19M | $32.65M | $37.07M | $25.67M | $21.77M | $16.43M |
| Cash at End | $2.96M | $123.4M | $59.48M | $36.64M | $781.92M | $574.31M | $241.97M | $43.3M | $154.35M | $38.2M | $35.43M | $29.17M | $43.7M | $63.58M | $29.29M | $62.98M | $24.09M | $22.57M | $32.38M | $23.4M | $29.96M | $23.01M | $24.19M | $32.65M | $37.07M | $25.67M | $21.77M |