INTERNATIONAL BANCSHARES CORP (IBOC)
International Bancshares Corporation (IBC), functioning as a financial holding company, delivers a comprehensive array of commercial and retail banking services. The institution facilitates checking and savings deposits and extends various loan products, including financing for commercial ventures, real estate, personal needs, home improvements, automobiles, and other installment or term-based credit. Moreover, IBC specializes in international banking, offering services such as letters of credit, commercial and industrial lending, and foreign currency exchange. Its supplementary offerings feature credit cards, secure safety deposit boxes, collection services, notary public, and escrow. The company also provides the convenience of drive-up and walk-up facilities, alongside other standard banking operations, online banking platforms, and access to securities products facilitated by external providers. As of February 28, 2022, International Bancshares Corporation maintained a substantial presence with 170 branch locations and 263 ATMs, serving 76 distinct communities across Texas and Oklahoma. Established in 1966, the corporation's primary corporate office is located in Laredo, Texas.
Sector: State Commercial Banks
Industry: Banks - Regional
International Bancshares Corporation
TXSE:IBOCFinancial Services · Banks - Regional
-0.18%$67.16
AH Close$67.16+0.00%vs close
AH Close$67.16+0.00%vs close
Mkt Cap$4.18B
Float54.05M
O/S62.19M
Inst Own71.1%
SI4.2%
Div Yield2.17%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.05B
Net Income$412.29M
Total Assets$16.68B
Free Cash Flow$472.94M
Debt & Equity
Debt 18%
Equity 82%
Total Debt$704.74M
Total Equity$3.25B
Shares Outstanding
Short Interest
Split History1 split
- 2.3:1Forward splitJun 17, 20031 share → 2.3
Balance Sheet Details
Assets$16.68B
Liabilities$13.43B
Accounts Receivable$72.43M
Accounts Payable$0
Inventory$0
PP&E (Net)$422.99M
Goodwill$282.53M
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 | $1.05B | $1.04B | $970.1M | $712.91M | $620.43M | $577.59M | $647.23M | $630.86M | $565.54M | $549.62M | $552.49M | $571.95M | $552.82M | $576.23M | $619.62M | $677.55M | $728.39M | $754.41M | $808.94M | $786.04M | $675.93M | $487.19M | $445.32M | $439.57M | $469.94M | $479.13M | $401.7M | $367.9M | $312.6M | $144.2M | $143.52M |
| YoY Growth | 1.0% | 7.5% | 36.1% | 14.9% | 7.4% | -10.8% | 2.6% | 11.6% | 2.9% | -0.5% | -3.4% | 3.5% | -4.1% | -7.0% | -8.6% | -7.0% | -3.4% | -6.7% | 2.9% | 16.3% | 38.7% | 9.4% | 1.3% | -6.5% | -1.9% | 19.3% | 9.2% | 17.7% | 116.8% | 0.5% | - |
| Cost of Revenue | $228.94M | $241.06M | $171.24M | $59.81M | $34.79M | $84.5M | $77.47M | $58.78M | $50.15M | $62.99M | $68.72M | $60.97M | $77.6M | $102.46M | $111.62M | $136.85M | $198.63M | $251.54M | $331.58M | $323.44M | $207.79M | $115.1M | $103.02M | $124.96M | $209.44M | $258.58M | $191.64M | $190.5M | $153.1M | $114M | $117.51M |
| Gross Profit | $824.69M | $801.84M | $798.87M | $653.11M | $585.64M | $493.09M | $569.75M | $572.08M | $515.39M | $486.63M | $483.77M | $510.98M | $475.22M | $473.77M | $508M | $540.71M | $529.76M | $502.87M | $477.36M | $462.61M | $469.1M | $372.09M | $342.31M | $314.62M | $260.5M | $220.55M | $210.07M | $177.4M | $159.5M | $30.19M | $26.01M |
| Gross Margin | 78.3% | 76.9% | 82.3% | 91.6% | 94.4% | 85.4% | 88.0% | 90.7% | 91.1% | 88.5% | 87.6% | 89.3% | 86.0% | 82.2% | 82.0% | 79.8% | 72.7% | 66.7% | 59.0% | 58.9% | 69.4% | 76.4% | 76.9% | 71.6% | 55.4% | 46.0% | 52.3% | 48.2% | 51.0% | 20.9% | 18.1% |
| 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 | $188.36M | $159.1M | $145.74M | $139.3M | $131.91M | $136.19M | $155.09M | $149.97M | $143.9M | $142.25M | $138.66M | $135.34M | $133.62M | $132.77M | $140.86M | $145.44M | $150.25M | $143.3M | $142.36M | $136.41M | $124.22M | $93.71M | $79.87M | $71.92M | $58.96M | $47.9M | $42.9M | $39.7M | $33.4M | $28.88M | $25.7M |
| Other | $115.97M | $134.02M | $129.62M | $131.17M | $131.41M | $145.14M | $154.71M | $149.53M | $149.85M | $147.37M | $138.27M | $145.71M | $159.02M | $182.6M | $175.92M | $194.29M | $158.78M | $157.93M | $157.92M | $152.31M | $131.77M | $101.47M | $79.88M | $82.93M | $76.48M | $64.06M | $64.07M | $59.4M | $52.4M | -$63.2M | -$58.07M |
| Total Operating Expenses | $304.33M | $293.12M | $275.35M | $270.47M | $263.32M | $281.33M | $309.8M | $299.5M | $293.75M | $289.63M | $276.92M | $281.04M | $292.63M | $315.37M | $316.77M | $339.73M | $309.03M | $301.23M | $300.28M | $288.72M | $255.99M | $195.18M | $159.75M | $154.84M | $135.44M | $111.96M | $106.97M | $99.1M | $85.8M | -$34.32M | -$32.37M |
| Operating Income (EBIT) | $520.36M | $508.72M | $523.51M | $382.64M | $322.33M | $211.76M | $259.95M | $272.58M | $221.64M | $197M | $206.84M | $229.94M | $182.59M | $158.4M | $191.23M | $200.98M | $220.73M | $201.64M | $177.08M | $173.89M | $212.15M | $176.91M | $182.55M | $159.77M | $125.06M | $108.59M | $103.1M | $78.3M | $73.7M | $64.51M | $58.38M |
| Operating Margin | 49.4% | 48.8% | 54.0% | 53.7% | 52.0% | 36.7% | 40.2% | 43.2% | 39.2% | 35.8% | 37.4% | 40.2% | 33.0% | 27.5% | 30.9% | 29.7% | 30.3% | 26.7% | 21.9% | 22.1% | 31.4% | 36.3% | 41.0% | 36.3% | 26.6% | 22.7% | 25.7% | 21.3% | 23.6% | 44.7% | 40.7% |
| Interest Expense | $213.85M | $209.26M | $136.66M | $38.16M | $26.83M | $39.12M | $58.63M | $52.67M | $38.93M | $43.13M | $44.32M | $46.54M | $54.63M | $74.5M | $94.3M | $114.04M | $139.8M | $231.73M | $333.34M | $319.59M | $206.83M | $108.6M | $94.72M | $116.42M | $200.81M | $251.76M | $185.2M | $181.9M | $145.4M | $107.37M | $112.36M |
| Interest Income | $886.27M | $865.98M | $800.16M | $525.78M | $398.1M | $427.01M | $492.4M | $465.82M | $415.14M | $387.91M | $396.75M | $393.6M | $363.22M | $375.64M | $418.12M | $458.77M | $527.38M | $564.6M | $643.57M | $609.07M | $508.7M | $352.38M | $318.05M | $353.93M | $390.36M | $421.63M | $340.7M | $326.2M | $275.8M | $221.78M | $218.87M |
| 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 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $520.36M | $508.72M | $523.51M | $382.64M | $322.33M | $211.76M | $259.95M | $272.58M | $221.64M | $197M | $206.84M | $229.94M | $182.59M | $158.4M | $191.23M | $200.98M | $220.73M | $201.64M | $177.08M | $173.89M | $212.15M | $176.91M | $182.55M | $159.77M | $125.06M | $108.59M | $103.1M | $78.3M | $73.7M | $64.51M | $58.38M |
| Income Tax Expense | $108.07M | $99.55M | $111.74M | $82.41M | $68.41M | $44.44M | $54.85M | $56.65M | $64.21M | $63.07M | $70.12M | $76.79M | $56.24M | $50.56M | $64.08M | $70.96M | $77.99M | $69.53M | $55.76M | $56.89M | $71.37M | $57.88M | $60.43M | $54.01M | $41.72M | $33.42M | $36.9M | $24.6M | $24.8M | $20.16M | $18.32M |
| Net Income | $412.29M | $409.17M | $411.77M | $300.23M | $253.92M | $167.32M | $205.1M | $215.93M | $157.44M | $133.93M | $136.73M | $153.15M | $126.35M | $107.83M | $127.15M | $130.02M | $142.74M | $132.11M | $121.31M | $117M | $140.78M | $119.03M | $122.13M | $100.63M | $83.34M | $75.17M | $66.2M | $53.7M | $48.9M | $44.35M | $40.06M |
| Net Income Margin | 39.1% | 39.2% | 42.4% | 42.1% | 40.9% | 29.0% | 31.7% | 34.2% | 27.8% | 24.4% | 24.7% | 26.8% | 22.9% | 18.7% | 20.5% | 19.2% | 19.6% | 17.5% | 15.0% | 14.9% | 20.8% | 24.4% | 27.4% | 22.9% | 17.7% | 15.7% | 16.5% | 14.6% | 15.6% | 30.8% | 27.9% |
| Supplementary Data | |||||||||||||||||||||||||||||||
| EPS | 6.62 | 6.58 | 6.63 | 4.79 | 4.01 | 2.63 | 3.13 | 3.27 | 2.38 | 2.03 | 2.06 | 2.29 | 1.88 | 1.39 | 1.69 | 1.72 | 1.90 | 1.93 | 1.76 | 1.68 | 2.01 | 1.75 | 1.84 | 1.47 | 1.17 | 1.05 | 0.90 | 0.79 | 0.73 | 0.59 | 0.71 |
| Diluted EPS | 6.62 | 6.57 | 6.62 | 4.78 | 4.00 | 2.62 | 3.12 | 3.24 | 2.36 | 2.02 | 2.05 | 2.28 | 1.88 | 1.39 | 1.69 | 1.72 | 1.90 | 1.92 | 1.75 | 1.67 | 1.98 | 1.71 | 1.80 | 1.43 | 1.15 | 1.03 | 0.89 | 0.77 | 0.70 | 0.59 | 0.71 |
| Weighted Average OS | 62.26M | 62.18M | 62.08M | 62.66M | 63.35M | 63.73M | 65.48M | 66.11M | 66.05M | 65.97M | 66.41M | 66.87M | 67.19M | 67.24M | 67.51M | 67.92M | 68.37M | 68.58M | 69.04M | 69.45M | 70.04M | 68.35M | 66.50M | 68.67M | 71.06M | 71.94M | 73.28M | 68.34M | 66.84M | 74.65M | 56.52M |
| EBITDA | $543.71M | $531.24M | $545.46M | $404.46M | $347.36M | $240.08M | $288.22M | $298.46M | $246.95M | $221.87M | $232.5M | $256.34M | $213.24M | $189.81M | $231.46M | $241.66M | $262.19M | $244.42M | $216.5M | $214.46M | $271.69M | $230.47M | $236.13M | $197.34M | $156.52M | $132.87M | $129.2M | $102.9M | $90.6M | $71.54M | $63.85M |
| EBITDA Margin | 51.6% | 50.9% | 56.2% | 56.7% | 56.0% | 41.6% | 44.5% | 47.3% | 43.7% | 40.4% | 42.1% | 44.8% | 38.6% | 32.9% | 37.4% | 35.7% | 36.0% | 32.4% | 26.8% | 27.3% | 40.2% | 47.3% | 53.0% | 44.9% | 33.3% | 27.7% | 32.2% | 28.0% | 29.0% | 49.6% | 44.5% |
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 | $536.49M | $352.65M | $651.06M | $2.09B | $3.21B | $2B | $256.82M | $316.8M | $265.36M | $269.2M | $273.05M | $255.15M | $274.79M | $283.1M | $261.88M | $197.81M | $224.64M | $299.12M | $333.9M | $268.6M | $216.51M | $175.17M | $152.33M | $154.3M | $178.38M | $128.1M | $123.6M | $122M | $239.4M | $171.99M | $123.83M |
| Short-Term Investments | $0 | $4.99B | $4.82B | $4.42B | $4.21B | $3.08B | $3.38B | $3.41B | $4.15B | $4.18B | $4.2B | $4.93B | $5.3B | $5.53B | $5.21B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $536.49M | $5.34B | $5.47B | $6.51B | $7.42B | $5.08B | $3.64B | $3.73B | $4.42B | $4.45B | $4.47B | $5.19B | $5.58B | $5.81B | $5.48B | $197.81M | $224.64M | $299.12M | $333.9M | $268.6M | $216.51M | $175.17M | $152.33M | $154.3M | $178.38M | $128.1M | $123.6M | $122M | $239.4M | $171.99M | $123.83M |
| Accounts Receivable | $72.43M | $72.17M | $65.3M | $45.79M | $30.59M | $37.88M | $36.62M | $36.8M | $34.46M | $32.17M | $31.57M | $31.46M | $30.65M | $31.03M | $32M | $35.66M | $41.73M | $48.71M | $54.3M | $57.29M | $48.65M | $41.14M | $28.89M | $35.19M | $33.85M | $40.16M | $34.8M | $31.5M | $31.3M | $22.91M | $22.2M |
| 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 |
| 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 | $0 | $0 | $0 | $0 |
| Total Current Assets | $608.92M | $5.41B | $5.54B | $6.55B | $7.45B | $5.12B | $3.67B | $3.76B | $4.42B | $4.48B | $4.5B | $5.2B | $5.59B | $5.84B | $5.51B | $233.47M | $266.37M | $347.83M | $388.2M | $325.89M | $265.16M | $216.31M | $181.22M | $189.5M | $212.22M | $168.26M | $158.4M | $153.5M | $270.7M | $194.91M | $146.03M |
| Long-Term Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $422.99M | $428.22M | $437.09M | $431.61M | $447.08M | $479.88M | $506.6M | $506.9M | $514.45M | $527.58M | $516.72M | $526.42M | $504.84M | $481.29M | $453.05M | $468.95M | $490.38M | $466.37M | $435.65M | $390.32M | $351.99M | $302.23M | $220.6M | $185.48M | $190.05M | $155.52M | $145.3M | $137.6M | $129.6M | $94.19M | $80.41M |
| Goodwill | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $282.53M | $283.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25K | $153K | $797K | $3.19M | $7.82M | $12.19M | $17.31M | $22.36M | $27.39M | $31.51M | $316.6M | $328.49M | $333.66M | $73.33M | $74.61M | $97.31M | $55.58M | $34.8M | $45M | $0 | $0 | $0 |
| Long-Term Investments | $14.75B | $9.02B | $8.25B | $7.67B | $7.41B | $7.7B | $7.16B | $6.84B | $6.6B | $6.42B | $6.36B | $6.06B | $5.52B | $5.09B | $5.32B | $10.78B | $10.58B | $11.26B | $9.97B | $9.81B | $9.15B | $8.68B | $5.74B | $5.8B | $5.6B | $5.31B | $4.87B | $4.6B | $4B | $2.97B | $2.65B |
| Deferred Tax Assets | $113.98M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $505.76M | $595.54M | $553.7M | $563.73M | $457.73M | $454.46M | $489.81M | $473.02M | $358.95M | $95.59M | $114.35M | $130.71M | $158.86M | $179.94M | $161.13M | $165.82M | $123.1M | $53.6M | $59.62M | $71.92M | $296.32M | $384.47M | $361.3M | $247.93M | $284.1M | $170.04M | $202M | $54.1M | $113.8M | $87.61M | $59.37M |
| Total Long-Term Assets | $16.07B | $10.33B | $9.53B | $8.95B | $8.59B | $8.91B | $8.44B | $8.11B | $7.76B | $7.33B | $7.27B | $7B | $6.49B | $6.04B | $6.23B | $11.71B | $11.5B | $12.09B | $10.78B | $10.59B | $10.13B | $9.71B | $6.4B | $6.31B | $6.17B | $5.69B | $5.26B | $4.83B | $4.25B | $3.16B | $2.79B |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $16.68B | $15.74B | $15.07B | $15.5B | $16.05B | $14.03B | $12.11B | $11.87B | $12.18B | $11.8B | $11.77B | $12.2B | $12.08B | $11.88B | $11.74B | $11.94B | $11.76B | $12.44B | $11.17B | $10.91B | $10.39B | $9.92B | $6.58B | $6.5B | $6.38B | $5.86B | $5.42B | $4.99B | $4.52B | $3.35B | $2.94B |
| Liabilities | |||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||
| 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 |
| Short-Term Debt | $585.54M | $535.32M | $530.42M | $431.19M | $439.67M | $428.15M | $236.54M | $229.99M | $353.81M | $504.99M | $827.77M | $858.35M | $957.38M | $1.13B | $1.35B | $1.43B | $1.44B | $1.44B | $1.33B | $706.34M | $760.76M | $619.81M | $501.3M | $457.92M | $714.67M | $1.66B | $1.5B | $135.7M | $478.4M | $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 | $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 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $12.11B | $11.82B | $12.66B | $12.62B | $10.72B | $8.83B | $8.7B | $8.54B | $8.61B | $8.54B | $8.44B | $8.24B | $8.29B | $7.95B | $7.6B | $7.18B | $6.86B | $7.16B | $6.99B | $6.66B | $6.57B | $4.44B | $4.24B | $4.33B | $3.74B | $3.53B | $3.37B | $3.18B | $2.66B | $2.14B |
| Total Current Liabilities | $585.54M | $12.65B | $12.35B | $13.09B | $13.06B | $11.15B | $9.06B | $8.93B | $8.9B | $9.12B | $9.36B | $9.3B | $9.2B | $9.42B | $9.29B | $9.03B | $8.62B | $8.3B | $8.49B | $7.7B | $7.42B | $7.19B | $4.94B | $4.7B | $5.05B | $5.41B | $5.03B | $3.51B | $3.65B | $2.66B | $2.14B |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | $119.2M | $119.41M | $119.61M | $145.59M | $570.78M | $570.97M | $761.15M | $866.08M | $1.36B | $893.79M | $667.17M | $1.25B | $1.41B | $939.75M | $684.89M | $1.23B | $1.55B | $2.72B | $1.66B | $2.31B | $2.11B | $1.91B | $1.02B | $1.19B | $777.3M | $0 | $1.38B | $1.07B | $490M | $239M | $66.5M |
| 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 | $103.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36.83M | $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 | $12.62B | $175.57M | $143.83M | $219.93M | $109.43M | $130.49M | $171.12M | $139.75M | $91.38M | $70.51M | $76.17M | $69.53M | $39.59M | $90.32M | $159.88M | $223.53M | $186.54M | $158.09M | $86.8M | $66.66M | $75.33M | $71.91M | $46.41M | $64.7M | $59.57M | $36.62M | -$1.34B | $38.3M | $32.6M | $166.31M | $480M |
| Total Long-Term Liabilities | $12.84B | $294.98M | $263.44M | $365.52M | $680.21M | $701.46M | $932.27M | $1.01B | $1.45B | $964.3M | $743.34M | $1.32B | $1.45B | $1.03B | $844.76M | $1.45B | $1.74B | $2.88B | $1.74B | $2.37B | $2.18B | $1.98B | $1.06B | $1.25B | $836.86M | $36.62M | $37.4M | $1.11B | $522.6M | $405.31M | $546.5M |
| 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 | $0 |
| Total Liabilities | $13.43B | $12.94B | $12.62B | $13.46B | $13.74B | $11.85B | $9.99B | $9.93B | $10.35B | $10.08B | $10.11B | $10.62B | $10.66B | $10.45B | $10.14B | $10.48B | $10.36B | $11.18B | $10.23B | $10.07B | $9.6B | $9.16B | $6B | $5.95B | $5.88B | $5.44B | $5.07B | $4.62B | $4.18B | $3.07B | $2.69B |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $210.55M | $208.07M | $205.74M | $203.56M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19.16M | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $96.66M | $96.62M | $96.47M | $96.42M | $96.35M | $96.24M | $96.22M | $96.1M | $96.02M | $95.91M | $95.87M | $95.78M | $95.74M | $95.72M | $95.72M | $95.71M | $95.71M | $95.5M | $95.44M | $86.22M | $86.06M | $68.43M | $52.77M | $41.77M | $33.21M | $26.48M | $21.1M | $0 | $0 | $10.35M | $8.16M |
| Retained Earnings | $3.68B | $3.36B | $3.03B | $2.7B | $2.47B | $2.29B | $2.2B | $2.06B | $1.89B | $1.78B | $1.68B | $1.59B | $1.47B | $1.37B | $1.3B | $1.21B | $1.12B | $1.02B | $929.14M | $861.25M | $788.42M | $705.64M | $639.61M | $560.61M | $490.33M | $434.8M | $385.9M | $341M | $302M | $260.13M | $221.35M |
| Comprehensive Income & Other | -$246.32M | -$379.05M | -$397.89M | -$470.5M | -$31.98M | $20.82M | $2.35M | -$54.63M | -$28.4M | -$26.7M | $2.17M | $11.4M | -$43.77M | $65.66M | $84.96M | $28.78M | $65.88M | $18.19M | $165K | -$40.39M | -$41.97M | $15.01M | $12.84M | $49.96M | $18.22M | -$19.16M | -$36.9M | $0 | $0 | $11.39M | $13.4M |
| Other Stockholders' Equity | -$526.43M | -$656.09M | -$677.78M | -$747.23M | -$258.58M | -$207.87M | -$178.73M | -$220.66M | -$148.84M | -$149.21M | -$113.96M | -$100.52M | -$138.34M | -$29.56M | $201.48M | $148.76M | $189.47M | $145.79M | -$88.68M | -$105.42M | -$81.61M | -$20.98M | -$115M | -$55.12M | -$26.51M | -$44.38M | -$53.6M | $29.3M | $39.2M | $13.28M | $16.25M |
| Total Equity | $3.25B | $2.8B | $2.45B | $2.04B | $2.31B | $2.18B | $2.12B | $1.94B | $1.84B | $1.72B | $1.67B | $1.58B | $1.42B | $1.44B | $1.6B | $1.46B | $1.41B | $1.26B | $935.9M | $842.06M | $792.87M | $753.09M | $577.38M | $547.26M | $497.03M | $416.89M | $353.4M | $370.3M | $341.2M | $283.77M | $245.76M |
| 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 | $16.68B | $15.74B | $15.07B | $15.5B | $16.05B | $14.03B | $12.11B | $11.87B | $12.18B | $11.8B | $11.77B | $12.2B | $12.08B | $11.88B | $11.74B | $11.94B | $11.76B | $12.44B | $11.17B | $10.91B | $10.39B | $9.92B | $6.58B | $6.5B | $6.38B | $5.86B | $5.42B | $4.99B | $4.52B | $3.35B | $2.94B |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Total Debt | $704.74M | $654.73M | $650.03M | $576.78M | $1.01B | $999.12M | $997.69M | $1.1B | $1.71B | $1.4B | $1.49B | $2.11B | $2.37B | $2.07B | $2.03B | $2.66B | $2.99B | $4.17B | $2.99B | $3.01B | $2.87B | $2.53B | $1.52B | $1.64B | $1.49B | $1.66B | $2.88B | $1.21B | $968.4M | $239M | $66.5M |
| Net Debt | $168.26M | $302.08M | -$1.03M | -$1.51B | -$2.2B | -$998.12M | $740.87M | $779.27M | $1.44B | $1.13B | $1.22B | $1.85B | $2.1B | $1.79B | $1.77B | $2.46B | $2.77B | $3.87B | $2.65B | $2.74B | $2.65B | $2.35B | $1.37B | $1.49B | $1.31B | $1.53B | $2.76B | $1.09B | $729M | $67.01M | -$57.33M |
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 | $412.29M | $409.17M | $411.77M | $300.23M | $253.92M | $167.32M | $205.1M | $215.93M | $157.44M | $133.93M | $136.73M | $153.15M | $126.35M | $107.83M | $127.15M | $130.02M | $142.74M | $132.11M | $121.31M | $117M | $140.78M | $119.03M | $122.13M | $100.63M | $83.34M | $75.17M | $66.2M | $53.7M | $48.9M | $44.35M | $40.06M |
| Depreciation & Amortization | $23.35M | $22.52M | $21.94M | $21.82M | $25.03M | $28.32M | $28.27M | $25.87M | $25.31M | $24.87M | $25.65M | $26.4M | $30.65M | $31.41M | $40.23M | $40.68M | $41.47M | $42.77M | $39.42M | $40.57M | $59.54M | $53.56M | $53.57M | $37.57M | $31.45M | $24.28M | $26.1M | $24.6M | $16.9M | $7.02M | $5.48M |
| Deferred Income Tax | $14.07M | -$11.47M | $22.95M | $10.62M | $3.54M | -$3.12M | $3.31M | $5.14M | $4.57M | $7.31M | -$332K | -$1.03M | -$1.82M | $7.92M | -$2.3M | -$3.53M | -$3.04M | -$4.68M | -$4.63M | -$15.69M | $22.75M | $11.35M | $6.15M | -$655K | $2.79M | $7.59M | $4.4M | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $104K | $214K | $330K | $449K | $506K | $743K | $980K | $1.03M | $903K | $1.08M | $1.17M | $1.06M | $414K | $474K | $387K | $534K | $655K | $692K | $771K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||
| Accounts Receivable | -$255K | -$6.87M | -$19.52M | -$15.19M | $7.29M | -$1.26M | $183K | -$2.35M | -$2.28M | -$600K | -$111K | -$807K | $380K | $968K | $3.66M | $6.07M | $6.98M | $5.59M | $3.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$709K | -$333K |
| 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 | $30.36M | $32.95M | $3.46M | $54.99M | $19.7M | $28.64M | $40.2M | -$26.91M | -$15.53M | -$211K | -$3.6M | -$9.1M | $18.34M | $1.71M | -$2.66M | $9.48M | -$82.1M | -$29.55M | $1.51M | $18.18M | -$15.51M | -$8.48M | -$13.25M | -$13.69M | -$4.92M | -$6.12M | -$8.6M | $13.7M | $5.6M | $0 | $0 |
| Total Working Capital Change | $30.11M | $26.07M | -$16.05M | $39.8M | $26.99M | $27.38M | $40.38M | -$29.26M | -$17.81M | -$811K | -$3.71M | -$9.91M | $18.72M | $2.68M | $995K | $15.55M | -$75.12M | -$23.97M | $5.01M | $18.18M | -$15.51M | -$8.48M | -$13.25M | -$13.69M | -$4.92M | -$6.12M | -$8.6M | $13.7M | $5.6M | -$709K | -$333K |
| Other Non-Cash Items | $11.14M | $27.43M | $33.49M | $15.02M | -$18.31M | $84.5M | $33.52M | $11.12M | $26.41M | $36.84M | $44.14M | $23.36M | $34.81M | $9.69M | $14.36M | -$5.1M | $35.06M | $7.17M | $21.5M | -$4.32M | -$21.62M | -$17.19M | -$22.7M | $10.9M | -$7.25M | -$6.58M | -$10.8M | -$5.3M | $9.1M | $16.21M | $21.36M |
| Net Cash from Operating | $491.06M | $473.95M | $474.43M | $387.94M | $291.68M | $305.13M | $311.56M | $229.85M | $196.82M | $203.22M | $203.65M | $193.04M | $209.13M | $160.01M | $180.82M | $178.16M | $141.77M | $154.1M | $183.39M | $155.74M | $185.94M | $158.27M | $145.9M | $134.76M | $105.42M | $94.34M | $77.3M | $86.7M | $80.5M | $66.88M | $66.56M |
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital Expenditures | -$18.12M | -$14.15M | -$27.5M | -$19.21M | -$10.39M | -$6.72M | -$29.59M | -$21.39M | -$14.31M | -$38.86M | -$19.83M | -$50.36M | -$50.02M | -$62.03M | -$20.39M | -$15.95M | -$61.02M | -$68.54M | -$80.61M | -$68.68M | -$73.05M | -$51.87M | -$54M | -$15.06M | -$29.66M | -$22.68M | -$19M | -$19.2M | -$24.6M | -$16.07M | -$11.58M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.3M | $0 | $0 | -$276.56M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$944.06M | -$1.03B | -$1.11B | -$1.53B | -$2.92B | -$1.86B | -$946.1M | -$90.76M | -$1.21B | -$1.37B | -$368.87M | -$991.96M | -$1.39B | -$3.09B | -$2.24B | -$2.67B | -$1.29B | -$2.06B | -$1.58B | -$1.16B | -$1.62B | -$2.22B | -$3.1B | -$1.76B | -$1.29B | -$599.93M | -$1.33B | -$1.97B | -$1.37B | -$1.04B | -$490.49M |
| Sales of Investments | $1B | $839.51M | $682.41M | $759.09M | $1.62B | $2.1B | $977.06M | $737.36M | $1.18B | $1.27B | $1.02B | $1.41B | $1.4B | $2.68B | $2.1B | $2.24B | $1.86B | $1.22B | $2B | $932.78M | $1.11B | $1.7B | $3.06B | $1.65B | $1.62B | $518.36M | $1.29B | $1.52B | $587.9M | $727.55M | $393.92M |
| Other Investing Activities | -$633.79M | -$777.84M | -$611.64M | -$196.99M | $392.65M | -$574.77M | -$319.44M | -$245.76M | -$357.46M | $2.23M | -$258.05M | -$457.03M | -$413.76M | $208.72M | $367.1M | $195.28M | $169.86M | -$340.2M | -$433.07M | -$429.71M | $265.3M | $261.52M | -$10.65M | -$205.56M | -$97.36M | -$345.74M | -$399.5M | -$162.8M | $30.6M | $264.71M | -$27.2M |
| Net Cash from Investing | -$591.69M | -$985.06M | -$1.07B | -$992.03M | -$915.89M | -$343.7M | -$318.06M | $379.44M | -$403.81M | -$137.76M | $373.23M | -$90.4M | -$447.65M | -$261.02M | $207.13M | -$255.44M | $679.15M | -$1.25B | -$88.91M | -$724.92M | -$311.11M | -$594.01M | -$99.48M | -$335.78M | $211.42M | -$449.98M | -$449.2M | -$626.6M | -$773.5M | -$62.15M | -$135.35M |
| Financing Activities | |||||||||||||||||||||||||||||||
| Debt Repaid | $209K | $204K | $25.97M | $425.19M | $189K | $190.18M | $104.93M | $489.56M | -$461.85M | -$226.63M | $582.19M | $165.32M | -$474.92M | -$254.87M | $543.02M | $320.85M | $1.18B | -$1.07B | $649.2M | -$199.47M | -$199.88M | -$179.25M | $169.18M | -$408.56M | $655.2M | -$52.5M | -$306M | -$241.3M | -$251M | - | - |
| Common Stock Issuance | $1.47M | $3.76M | $1.17M | $1.54M | $2.41M | $542K | $1.92M | $1.52M | $1.46M | $549K | $1.37M | $555K | $265K | $51K | $113K | $484K | $2.71M | $216.89M | $5.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $965K | $552K |
| Common Stock Repurchases | -$4.61M | -$963K | -$4.61M | -$52.05M | -$716K | -$48.88M | -$17.84M | -$19.04M | -$187K | -$7.97M | -$6.68M | -$18.92M | $0 | -$217.72M | -$6.43M | -$6.95M | -$9.35M | -$1.08M | -$29.71M | -$28.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.26M | -$624K |
| Dividends Paid | -$87.06M | -$82.08M | -$78.25M | -$75.38M | -$72.84M | -$69.93M | -$68.67M | -$49.6M | -$43.59M | -$39.57M | -$38.52M | -$34.76M | -$28.89M | -$26.89M | -$25.65M | -$24.44M | -$23.26M | -$45.25M | -$44.77M | -$44.17M | -$40.83M | -$39.77M | -$32.63M | -$22.02M | -$21.18M | -$21.04M | -$17.1M | -$11.3M | -$4.4M | -$3.49M | -$2.76M |
| Other Financing Activities | $374.88M | $292.2M | -$736.23M | $33.65M | $1.91B | $2.09B | $136.04M | -$1.17M | -$216.38M | -$248.95M | $67.05M | $96.17M | -$216.09M | $122.17M | $261.9M | $413.02M | $319.92M | -$186.64M | $672.35M | $333.49M | $90.71M | $198.21M | $195.8M | $337K | $53.49M | $217.39M | $129.7M | $193.9M | $222.6M | $258.92M | $80.63M |
| Net Cash from Financing | $284.47M | $212.71M | -$843.89M | -$517.43M | $1.84B | $1.78B | -$53.48M | -$557.85M | $203.15M | -$69.31M | -$558.97M | -$122.28M | $230.21M | $122.22M | -$323.88M | $50.46M | -$895M | $1.05B | -$45.63M | $408.27M | $387.52M | $415.79M | $15.1M | $70.01M | -$157.74M | $346.77M | $386.4M | $422.7M | $758.7M | $43.44M | $102.41M |
| 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 | -$100K | $0 | $0 | $0 | $0 |
| Net Change in Cash | $183.83M | -$298.41M | -$1.44B | -$1.12B | $1.21B | $1.74B | -$59.98M | $51.44M | -$3.84M | -$3.85M | $17.91M | -$19.64M | -$8.31M | $21.21M | $64.07M | -$26.82M | -$74.08M | -$47.33M | $48.84M | -$160.91M | $262.35M | -$19.96M | $61.52M | -$131.02M | $159.09M | -$8.87M | $14.4M | -$237.8M | -$172M | $48.16M | $33.63M |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Operating Cash Flow | $491.06M | $473.95M | $474.43M | $387.94M | $291.68M | $305.13M | $311.56M | $229.85M | $196.82M | $203.22M | $203.65M | $193.04M | $209.13M | $160.01M | $180.82M | $178.16M | $141.77M | $154.1M | $183.39M | $155.74M | $185.94M | $158.27M | $145.9M | $134.76M | $105.42M | $94.34M | $77.3M | $86.7M | $80.5M | $66.88M | $66.56M |
| Capital Expenditure | -$18.12M | -$14.15M | -$27.5M | -$19.21M | -$10.39M | -$6.72M | -$29.59M | -$21.39M | -$14.31M | -$38.86M | -$19.83M | -$50.36M | -$50.02M | -$62.31M | -$20.57M | -$16.19M | -$61.27M | -$69.61M | -$80.61M | -$68.68M | -$73.05M | -$51.87M | -$54M | -$15.06M | -$29.66M | -$22.68M | -$19M | -$19.2M | -$24.6M | -$16.07M | -$11.58M |
| Free Cash Flow | $472.94M | $459.8M | $446.94M | $368.73M | $281.29M | $298.41M | $281.98M | $208.45M | $182.5M | $164.36M | $183.82M | $142.68M | $159.11M | $97.7M | $160.26M | $161.97M | $80.49M | $84.49M | $102.78M | $87.06M | $112.89M | $106.4M | $91.9M | $119.7M | $75.75M | $71.67M | $58.3M | $67.5M | $55.9M | $50.81M | $54.98M |
| Cash at Beginning | $352.65M | $651.06M | $2.09B | $3.21B | $2B | $256.82M | $316.8M | $265.36M | $269.2M | $273.05M | $255.15M | $274.79M | $283.1M | $261.88M | $197.81M | $224.64M | $298.72M | $346.05M | $297.21M | $458.12M | $195.77M | $215.73M | $154.2M | $285.22M | $126.13M | $135M | $120.6M | $237.8M | $172M | $123.83M | $90.2M |
| Cash at End | $536.49M | $352.65M | $651.06M | $2.09B | $3.21B | $2B | $256.82M | $316.8M | $265.36M | $269.2M | $273.05M | $255.15M | $274.79M | $283.1M | $261.88M | $197.81M | $224.64M | $298.72M | $346.05M | $297.21M | $458.12M | $195.77M | $215.73M | $154.2M | $285.22M | $126.13M | $135M | $660.5M | $930.7M | $171.99M | $123.83M |