Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025 4.2% Revenue growth, 20253 Where the money goes Where each dollar of revenue went, fiscal 2025 Selling, general and admin Other costs Profit
Selling, general and admin 18¢ $666.0M Other costs 62¢ $2.2B Income tax 5¢ $193.0M Profit 15¢ $540.0M Out of $3.6B in revenue.3
Where each dollar of operating cash went, fiscal 2025 Dividends paid Kept or used elsewhere
Dividends paid 60¢ $500.0M Kept or used elsewhere 40¢ $337.0M Out of $837.0M of cash from operations.3
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue4 5 6 7 3 $3.6B in 2025+23% since 2019 0 $1.0B $2.0B $3.0B $4.0B 2019: $3.0B $3.0B 2019 2020: $2.5B $2.5B 2020 −14% 2021: $2.6B $2.6B 2021 +0% 2022: $2.7B $2.7B 2022 +7% 2023: $3.2B $3.2B 2023 +19% 2024: $3.5B $3.5B 2024 +7% 2025: $3.6B $3.6B 2025 +4% Net income4 5 6 7 3 $540.0M in 2025+32% since 2019 0 $200.0M $400.0M $600.0M 2019: $410.0M $410.0M 2019 2020: $293.0M $293.0M 2020 −29% 2021: $505.0M $505.0M 2021 +72% 2022: $535.0M $535.0M 2022 +6% 2023: $563.0M $563.0M 2023 +5% 2024: $598.0M $598.0M 2024 +6% 2025: $540.0M $540.0M 2025 −10% Revenue8 9 $991.0M in Q2 FY2026+5% since Q1 FY2026 0 $250.0M $500.0M $750.0M $1.0B Q1 FY2026: $947.0M $947.0M Q1 FY2026 Q2 FY2026: $991.0M $991.0M Q2 FY2026 +5% Net income8 9 $145.0M in Q2 FY2026+1% since Q1 FY2026 0 $50.0M $100.0M $150.0M Q1 FY2026: $144.0M $144.0M Q1 FY2026 Q2 FY2026: $145.0M $145.0M Q2 FY2026 +1% Fiscal year 2019 2020 2021 2022 2023 2024 2025 Revenue $3.0B4 $2.5B5 $2.6B6 $2.7B7 $3.2B3 $3.5B3 $3.6B3 Selling, general and admin $516.0M4 $433.0M5 $528.0M6 $531.0M7 $588.0M3 $644.0M3 $666.0M3 Interest $787.0M4 $591.0M5 $455.0M6 $566.0M6 $1.0B6 Income tax $196.0M4 $126.0M5 $178.0M6 $189.0M7 $192.0M3 -$66.0M3 $193.0M3 Net income $410.0M4 $293.0M5 $505.0M6 $535.0M7 $563.0M3 $598.0M3 $540.0M3
Total assets4 5 6 7 3 $38.3B in 2025+14% since 2019 0 $10.0B $20.0B $30.0B $40.0B 2019: $33.7B $33.7B 2019 2020: $32.0B $32.0B 2020 −5% 2021: $32.4B $32.4B 2021 +1% 2022: $32.0B $32.0B 2022 −1% 2023: $33.1B $33.1B 2023 +4% 2024: $34.1B $34.1B 2024 +3% 2025: $38.3B $38.3B 2025 +12% Total liabilities10 4 5 6 7 3 $35.1B in 2025+15% since 2019 0 $10.0B $20.0B $30.0B $40.0B 2019: $30.5B $30.5B 2019 2020: $28.5B $28.5B 2020 −6% 2021: $29.4B $29.4B 2021 +3% 2022: $29.0B $29.0B 2022 −1% 2023: $29.9B $29.9B 2023 +3% 2024: $31.2B $31.2B 2024 +4% 2025: $35.1B $35.1B 2025 +12% Shareholders’ equity5 6 7 3 $3.2B in 2025−0% since 2019 0 $1.0B $2.0B $3.0B $4.0B 2019: $3.2B $3.2B 2019 2020: $3.5B $3.5B 2020 +8% 2021: $3.0B $3.0B 2021 −15% 2022: $3.0B $3.0B 2022 −1% 2023: $3.2B $3.2B 2023 +7% 2024: $2.9B $2.9B 2024 −9% 2025: $3.2B $3.2B 2025 +12% Cash5 6 7 3 $536.0M in 2025−23% since 2019 0 $250.0M $500.0M $750.0M $1.0B 2019: $695.0M $695.0M 2019 2020: $425.0M $425.0M 2020 −39% 2021: $614.0M $614.0M 2021 +44% 2022: $870.0M $870.0M 2022 +42% 2023: $729.0M $729.0M 2023 −16% 2024: $600.0M $600.0M 2024 −18% 2025: $536.0M $536.0M 2025 −11% Long-term debt10 4 5 6 7 3 $20.0B in 2025+17% since 2019 0 $10.0B $20.0B $30.0B 2019: $17.1B $17.1B 2019 2020: $16.2B $16.2B 2020 −5% 2021: $16.3B $16.3B 2021 +0% 2022: $16.2B $16.2B 2022 −0% 2023: $15.9B $15.9B 2023 −2% 2024: $18.8B $18.8B 2024 +18% 2025: $20.0B $20.0B 2025 +7% Total assets8 9 $40.5B in Q2 FY2026+6% since Q1 FY2025 0 $20.0B $40.0B $60.0B Q1 FY2025: $38.3B $38.3B Q1 FY2025 Q2 FY2025: $38.3B $38.3B Q2 FY2025 +0% Q1 FY2026: $38.2B $38.2B Q1 FY2026 −0% Q2 FY2026: $40.5B $40.5B Q2 FY2026 +6% Total liabilities8 9 $37.0B in Q2 FY2026+5% since Q1 FY2025 0 $10.0B $20.0B $30.0B $40.0B Q1 FY2025: $35.1B $35.1B Q1 FY2025 Q2 FY2025: $35.1B $35.1B Q2 FY2025 +0% Q1 FY2026: $34.8B $34.8B Q1 FY2026 −1% Q2 FY2026: $37.0B $37.0B Q2 FY2026 +6% Shareholders’ equity8 9 $3.5B in Q2 FY2026+9% since Q1 FY2025 0 $1.0B $2.0B $3.0B $4.0B Q1 FY2025: $3.2B $3.2B Q1 FY2025 Q2 FY2025: $3.2B $3.2B Q2 FY2025 +0% Q1 FY2026: $3.4B $3.4B Q1 FY2026 +4% Q2 FY2026: $3.4B $3.4B Q2 FY2026 +0% Q2 FY2026: $3.5B $3.5B Q2 FY2026 +4% Cash8 9 $663.0M in Q2 FY2026+24% since Q1 FY2025 0 $200.0M $400.0M $600.0M $800.0M Q1 FY2025: $536.0M $536.0M Q1 FY2025 Q2 FY2025: $536.0M $536.0M Q2 FY2025 +0% Q1 FY2026: $661.0M $661.0M Q1 FY2026 +23% Q2 FY2026: $663.0M $663.0M Q2 FY2026 +0% Long-term debt8 9 $21.4B in Q2 FY2026+7% since Q1 FY2025 0 $10.0B $20.0B $30.0B Q1 FY2025: $20.0B $20.0B Q1 FY2025 Q2 FY2025: $20.0B $20.0B Q2 FY2025 +0% Q1 FY2026: $20.0B $20.0B Q1 FY2026 −0% Q2 FY2026: $21.4B $21.4B Q2 FY2026 +7% Fiscal year 2019 2020 2021 2022 2023 2024 2025 Cash $695.0M5 $425.0M6 $614.0M7 $870.0M3 $729.0M3 $600.0M3 $536.0M3 Total assets $33.7B4 $32.0B5 $32.4B6 $32.0B6 $33.1B7 $34.1B3 $38.3B3 Long-term debt $17.1B10 $16.2B4 $16.3B5 $16.2B6 $15.9B7 $18.8B3 $20.0B3 Total liabilities $30.5B10 $28.5B4 $29.4B5 $29.0B6 $29.9B7 $31.2B3 $35.1B3 Shareholders’ equity $3.2B5 $3.5B6 $3.0B7 $3.0B3 $3.2B3 $2.9B3 $3.2B3 Shares outstanding 1 shares10 1 shares4 1 shares5 1 shares6 1 shares7 1 shares3 1 shares3
Cash from operations4 5 6 7 3 $837.0M in 2025−31% since 2019 0 $500.0M $1.0B $1.5B 2019: $1.2B $1.2B 2019 2020: $1.1B $1.1B 2020 −5% 2021: $1.2B $1.2B 2021 +4% 2022: $1.3B $1.3B 2022 +6% 2023: $804.0M $804.0M 2023 −36% 2024: $1.2B $1.2B 2024 +49% 2025: $837.0M $837.0M 2025 −30% Capital spending4 5 6 7 $40.0M in 2024+100% since 2019 0 $10.0M $20.0M $30.0M $40.0M 2019: $20.0M $20.0M 2019 2020: $14.0M $14.0M 2020 −30% 2021: $14.0M $14.0M 2021 +0% 2022: $18.0M $18.0M 2022 +29% 2023: $20.0M $20.0M 2023 +11% 2024: $40.0M $40.0M 2024 +100% Free cash flow4 5 6 7 3 $1.2B in 2024−2% since 2019 0 $500.0M $1.0B $1.5B 2019: $1.2B $1.2B 2019 2020: $1.1B $1.1B 2020 −4% 2021: $1.2B $1.2B 2021 +4% 2022: $1.2B $1.2B 2022 +5% 2023: $784.0M $784.0M 2023 −37% 2024: $1.2B $1.2B 2024 +48% Dividends paid4 5 6 7 3 $500.0M in 2025+1900% since 2019 0 $250.0M $500.0M $750.0M $1.0B 2019: $25.0M $25.0M 2019 2020: $300.0M $300.0M 2020 +1100% 2021: $850.0M $850.0M 2021 +183% 2022: $275.0M $275.0M 2022 −68% 2023: $425.0M $425.0M 2023 +55% 2024: $625.0M $625.0M 2024 +47% 2025: $500.0M $500.0M 2025 −20% Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2019 2020 2021 2022 2023 2024 2025 Cash from operations $1.2B4 $1.1B5 $1.2B6 $1.3B7 $804.0M3 $1.2B3 $837.0M3 Capital spending $20.0M4 $14.0M5 $14.0M6 $18.0M7 $20.0M7 $40.0M7 Free cash flow $1.2B $1.1B $1.2B $1.2B $784.0M $1.2B Dividends paid $25.0M4 $300.0M5 $850.0M6 $275.0M7 $425.0M3 $625.0M3 $500.0M3
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