BHC Bausch Health Companies Inc. Common Stock
BHC Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
BHC Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| Nov. 10, 2010 | $1.0000 |
| Aug. 30, 2010 | $0.0950 |
| May 28, 2010 | $0.0950 |
| March 4, 2010 | $0.0900 |
| Nov. 30, 2009 | $0.0900 |
| Aug. 28, 2009 | $0.0900 |
| May 13, 2009 | $0.0900 |
| March 6, 2009 | $0.3750 |
| Dec. 19, 2008 | $0.3750 |
| Aug. 21, 2008 | $0.3750 |
| May 20, 2008 | $0.3750 |
| March 25, 2008 | $0.3750 |
| Nov. 16, 2007 | $0.3750 |
| Aug. 16, 2007 | $0.3750 |
| May 18, 2007 | $0.3750 |
| March 22, 2007 | $0.3750 |
| Jan. 8, 2007 | $0.5000 |
| Nov. 20, 2006 | $0.1250 |
| Aug. 16, 2006 | $0.1250 |
| May 19, 2006 | $0.1250 |
BHC Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 0 0.0%
- Buy 0 0.0%
- Hold 4 50.0%
- Sell 3 37.5%
- Strong Sell 1 12.5%
12-Month Price Target
5 analysts · 2026-08-15Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $1.26 | $1.05 | 0.21% |
| March 31, 2026 | $0.78 | $0.69 | 0.09% |
| Dec. 31, 2025 | $1.10 | $1.28 | -0.18% |
| Sept. 30, 2025 | $1.16 | $1.13 | 0.03% |
| June 30, 2025 | $0.91 | $0.98 | -0.07% |
| March 31, 2025 | $0.60 | $0.80 | -0.20% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| BHC | $2.58B | 16.5 | 6.7% | 1.5% | -17.1% | — |
| TLRY | $726M | -5.1 | 11.5% | -13.3% | -7.8% | 28.4% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.27B | $9.62B | $8.76B | $8.12B | $8.43B | $8.03B | $8.60B | $8.38B | $8.72B | $9.67B | $10.45B | $8.21B | |
| Cost of Revenue | · | · | · | · | · | · | · | · | $2.51B | $2.57B | $2.53B | $2.18B | |
| SG&A Expense | $3.44B | $3.30B | $2.92B | $2.62B | $2.62B | $2.37B | $2.55B | $2.47B | $2.58B | $2.81B | $2.70B | $2.03B | |
| Operating Expenses | $8.45B | $8.08B | $7.79B | $7.67B | $7.98B | $7.35B | $8.80B | $10.76B | $8.62B | $10.24B | $8.92B | $6.21B | |
| Operating Income | $1.81B | $1.55B | $963M | $454M | $450M | $676M | $-203M | $-2.38B | $102M | $-566M | $1.53B | $2.00B | |
| Interest Income | $48M | $33M | $26M | $14M | $7M | $13M | $12M | $11M | $12M | $8M | $4M | $5M | |
| Other Non-op | $-142M | $-247M | $-28M | $-35M | $-373M | $-502M | $-1.43B | $20M | $348M | $-73M | $-295M | $263M | |
| Pretax Income | $367M | $167M | $-390M | $-129M | $-1.02B | $-934M | $-1.84B | $-4.15B | $-1.74B | $-2.44B | $-155M | $1.05B | |
| Income Tax | $247M | $239M | $221M | $83M | $-87M | $-375M | $-54M | $-10M | $-4.14B | $-27M | $133M | $174M | |
| Net Income | $157M | $-46M | $-592M | $-225M | $-948M | $-560M | $-1.79B | $-4.14B | $2.40B | $-2.41B | $-288M | $880M | |
| EPS (Basic) | $0.42 | $-0.13 | $-1.62 | $-0.62 | $-2.64 | $-1.58 | $-5.08 | $-11.81 | $6.86 | $-6.94 | $-0.85 | $2.63 | |
| EPS (Diluted) | $0.42 | $-0.13 | $-1.62 | $-0.62 | $-2.64 | $-1.58 | $-5.08 | $-11.81 | $6.83 | $-6.94 | $-0.85 | $2.58 | |
| Shares (Basic) | 370,900,000 | 368,000,000 | 364,900,000 | 362,000,000 | 358,900,000 | 355,000,000 | 352,100,000 | 351,300,000 | 350,200,000 | 347,300,000 | 342,700,000 | 335,400,000 | |
| Shares (Diluted) | 375,000,000 | 368,000,000 | 364,900,000 | 362,000,000 | 358,900,000 | 355,000,000 | 352,100,000 | 351,300,000 | 351,800,000 | 347,300,000 | 342,700,000 | 341,500,000 | |
| EBITDA | $1.81B | $1.55B | $963M | $454M | $450M | $676M | $-203M | $-2.38B | $102M | $-566M | $1.53B | $2.04B |
Balance Sheet 28
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.31B | $1.18B | $947M | $564M | $582M | $605M | $3.24B | $721M | $720M | $542M | $597M | $323M | |
| Receivables | $2.35B | $2.14B | $2.00B | $1.79B | $1.77B | $1.58B | $1.84B | $1.86B | $2.13B | $2.52B | $2.69B | $2.08B | |
| Inventory | $1.63B | $1.59B | $1.54B | $1.09B | $993M | $1.09B | $1.11B | $934M | $1.05B | $1.06B | $1.26B | $889M | |
| Prepaid Expense | $852M | $838M | $1.09B | $776M | $720M | $855M | $779M | $689M | $771M | $696M | $963M | $651M | |
| Current Assets | $6.16B | $5.77B | $5.60B | $4.25B | $5.61B | $5.34B | $6.97B | $4.21B | $4.75B | $5.08B | $5.51B | $4.13B | |
| PP&E (Net) | $2.07B | $1.78B | $1.71B | $1.60B | $1.60B | $1.57B | $1.47B | $1.35B | $1.40B | $1.31B | $1.44B | $1.31B | |
| PP&E (Gross) | $4.50B | $3.92B | $3.79B | $3.52B | $3.42B | $3.35B | $3.11B | $2.88B | $2.83B | $2.51B | $2.63B | $2.29B | |
| Accum. Depreciation | $2.42B | $2.14B | $2.08B | $1.92B | $1.82B | $1.78B | $1.64B | $1.52B | $1.43B | $1.20B | $1.18B | $978M | |
| Goodwill | $11.27B | $11.09B | $11.18B | $11.55B | $12.46B | $13.04B | $13.13B | $13.14B | $15.59B | $15.79B | $18.55B | $9.36B | |
| Intangibles | $4.64B | $5.55B | $6.46B | $5.80B | $6.95B | $8.45B | $10.20B | $12.00B | $15.21B | $18.88B | $23.08B | $11.28B | |
| Other Non-current Assets | $378M | $363M | $307M | $326M | $340M | $664M | $411M | $109M | $111M | $184M | $224M | $167M | |
| Total Assets | $26.37B | $26.52B | $27.35B | $25.69B | $29.20B | $31.20B | $33.86B | $32.49B | $37.50B | $43.53B | $48.97B | $26.30B | |
| Accounts Payable | $600M | $589M | $719M | $521M | $407M | $337M | $503M | $411M | $365M | $324M | $434M | $398M | |
| Accrued Liabilities | $3.34B | $3.49B | $3.13B | $2.99B | $4.79B | $4.58B | $4.51B | $3.20B | $3.69B | $3.23B | $3.86B | $2.16B | |
| Short-term Debt | · | · | · | · | · | · | · | · | · | $6M | $16M | $6M | |
| Current Liabilities | $4.18B | $6.75B | $4.30B | $3.94B | $5.20B | $4.91B | $6.25B | $3.84B | $4.27B | $3.61B | $5.31B | $2.71B | |
| Capital Leases | $167M | $165M | $148M | $184M | $214M | $227M | $240M | · | · | · | · | · | |
| Deferred Tax | $147M | $128M | $163M | $202M | $529M | $528M | $705M | $885M | $1.18B | $5.43B | $5.90B | $2.22B | |
| Other Non-current Liabilities | $793M | $713M | $776M | $741M | $653M | $1.01B | $851M | $581M | $526M | $486M | $185M | $197M | |
| Total Liabilities | $25.99B | $26.84B | $27.43B | $25.43B | $29.24B | $30.59B | $32.73B | $29.68B | $31.55B | $40.27B | $42.94B | $20.90B | |
| Long-term Debt | $20.82B | $21.62B | $22.39B | $20.77B | $22.65B | $23.93B | $25.89B | $24.30B | $25.44B | $29.85B | $31.09B | $15.23B | |
| Total Debt | $20.82B | $21.62B | $22.39B | $20.77B | $22.65B | $23.93B | $25.89B | $24.30B | $25.44B | $29.85B | $31.10B | $15.26B | |
| Common Stock | $10.52B | $10.49B | $10.42B | $10.39B | $10.32B | $10.23B | $10.17B | $10.12B | $10.09B | $10.04B | $9.90B | $8.35B | |
| Retained Earnings | $-9.67B | $-9.82B | $-9.78B | $-9.19B | $-8.96B | $-8.01B | $-7.45B | $-5.66B | $-2.73B | $-5.13B | $-2.75B | $-2.40B | |
| AOCI | $-1.76B | $-2.18B | $-1.88B | $-2.06B | $-1.92B | $-2.13B | $-2.09B | $-2.14B | $-1.90B | $-2.11B | $-1.54B | $-916M | |
| Stockholders' Equity | $-554M | $-1.28B | $-1.02B | $-692M | $-106M | $535M | $1.06B | $2.73B | $5.85B | $3.15B | $5.91B | $5.28B | |
| Liabilities + Equity | $26.37B | $26.52B | $27.35B | $25.69B | $29.20B | $31.20B | $33.86B | $32.49B | $37.50B | $43.53B | $48.97B | $26.30B | |
| Shares Outstanding | 370,531,987 | 367,843,058 | 365,238,917 | 361,898,846 | 359,405,748 | 355,422,347 | 352,562,636 | 349,871,102 | 348,708,567 | 347,821,606 | 342,926,531 | 334,402,964 |
Cash Flow 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $1.21B | $1.27B | $1.26B | $1.39B | $1.55B | $1.82B | $2.08B | $2.82B | $2.86B | $2.87B | $2.47B | $1.61B | |
| Stock-based Comp | $216M | $150M | $132M | $126M | $128M | $105M | $102M | $87M | $87M | $165M | $140M | $78M | |
| Deferred Tax | $132M | $69M | $6M | $-188M | $-36M | $-599M | $-182M | $-337M | $-4.31B | $-268M | $56M | $23M | |
| Restructuring | · | · | · | · | · | $22M | $31M | $22M | $52M | $132M | $362M | $382M | |
| Operating Cash Flow | $1.40B | $1.60B | $1.03B | $-728M | $1.43B | $1.11B | $1.50B | $1.50B | $2.29B | $2.09B | $2.26B | $2.31B | |
| CapEx | $397M | $337M | $215M | $218M | $269M | $302M | $270M | $157M | $171M | $235M | $235M | $292M | |
| Investing Cash Flow | $-595M | $-454M | $-2.15B | $-303M | $409M | $-261M | $-419M | $-196M | $2.89B | $-125M | $-15.58B | $-100M | |
| Debt Issued | $10.55B | $661M | $3.29B | $6.84B | $2.10B | $3.46B | $5.96B | $8.94B | $9.42B | $1.22B | $17.82B | $1.63B | |
| Net Debt Issued | $-637M | $-799M | $1.58B | $-1.01B | $-1.34B | $-2.19B | $1.55B | $-1.16B | $-4.78B | $-1.22B | $15.76B | $-2.26B | |
| Stock Issued | · | · | · | · | · | · | · | · | $0 | $0 | $1.43B | $0 | |
| Stock Repurchased | · | · | · | · | · | · | · | · | $0 | $0 | $72M | $0 | |
| Net Stock Activity | · | · | · | · | · | · | · | · | $0 | $0 | $1.36B | $0 | |
| Financing Cash Flow | $-742M | $-868M | $1.48B | $-474M | $-1.51B | $-2.29B | $1.44B | $-1.35B | $-4.96B | $-1.96B | $13.62B | $-2.46B | |
| Net Change in Cash | $124M | $239M | $371M | $-1.53B | $303M | $-1.43B | $2.52B | $-74M | $255M | $-55M | $274M | · | |
| Taxes Paid | $163M | · | · | · | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $1.00B | $1.26B | $817M | $-946M | $1.16B | $809M | $1.23B | $1.34B | $2.12B | $1.85B | $1.97B | $2.00B |
Profitability 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 17.7% | 16.1% | 11.0% | 5.6% | 5.3% | 8.4% | -2.4% | -28.4% | 1.2% | -5.9% | 14.6% | 24.7% | |
| Net Margin | 1.5% | -0.48% | -6.8% | -2.8% | -11.2% | -7.0% | -20.7% | -49.5% | 27.6% | -24.9% | -2.8% | 11.0% | |
| Pretax Margin | 3.6% | 1.7% | -4.5% | -1.6% | -12.1% | -11.6% | -21.4% | -49.6% | -20.0% | -25.2% | -1.5% | 13.2% | |
| EBITDA Margin | 17.7% | 16.1% | 11.0% | 5.6% | 5.3% | 8.4% | -2.4% | -28.4% | 1.2% | -5.9% | 14.6% | 24.7% | |
| ROA | 0.59% | -0.17% | -2.2% | -0.82% | -3.1% | -1.7% | -5.4% | -11.8% | 5.9% | -5.2% | -0.76% | 3.4% | |
| ROE | -17.1% | 4.0% | 69.1% | 56.4% | -442.0% | -70.0% | -93.9% | -114.0% | 53.4% | -53.1% | -5.1% | 17.5% | |
| ROIC | 2.9% | -3.3% | 7.1% | 3.7% | 1.8% | 1.7% | -0.73% | -8.8% | -0.45% | -1.7% | 7.6% | 8.3% |
Liquidity & Solvency 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.5 | 0.9 | 1.3 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.4 | 1.0 | 1.5 | |
| Quick Ratio | 0.9 | 0.5 | 0.7 | 0.6 | 0.5 | 0.4 | 0.8 | 0.7 | 0.7 | 0.8 | 0.6 | 0.9 | |
| Debt / Equity | -37.6 | -16.9 | -21.9 | -30.0 | -213.7 | 44.7 | 24.4 | 8.9 | 4.4 | 9.5 | 5.3 | 2.9 | |
| LT Debt / Equity | -37.2 | -14.8 | -21.5 | -29.4 | -213.7 | 44.7 | 23.2 | 8.8 | 4.3 | 9.5 | 5.1 | 2.9 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | |
| Inventory Turnover | · | · | · | · | · | · | · | · | 2.4 | 2.2 | 2.4 | 2.4 | |
| Receivables Turnover | 4.6 | 4.7 | 4.6 | 4.6 | 5.0 | 4.7 | 4.6 | 4.2 | 3.8 | 3.7 | 4.4 | 4.4 |
Growth Rates 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 6.7% | 9.9% | 7.8% | -3.7% | 5.1% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 8.1% | 4.5% | 2.9% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 5.0% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $10.27B | $9.62B | $8.76B | $8.12B | $8.43B | $8.03B | $8.60B | $8.38B | $8.72B | $9.67B | $10.45B | $8.21B | |
| Net Income TTM | $157M | $-46M | $-592M | $-225M | $-948M | $-560M | $-1.79B | $-4.14B | $2.40B | $-2.41B | $-288M | $880M | |
| Market Cap | $2.58B | $2.96B | $2.93B | $2.27B | $9.92B | $7.39B | $10.55B | $6.46B | $7.25B | $5.05B | $34.86B | $47.86B | |
| Enterprise Value | $22.08B | $23.40B | $24.37B | $22.47B | $32.00B | $30.71B | $33.20B | $30.05B | $31.97B | $34.36B | $65.37B | $62.79B | |
| P/E | 16.5 | -62.0 | -5.0 | -10.1 | -10.5 | -13.2 | -5.9 | -1.6 | 3.0 | -2.1 | -119.6 | 55.5 | |
| P/S | 0.3 | 0.3 | 0.3 | 0.3 | 1.2 | 0.9 | 1.2 | 0.8 | 0.8 | 0.5 | 3.3 | 5.8 | |
| P/B | -4.6 | -2.3 | -2.9 | -3.3 | -93.6 | 13.8 | 9.9 | 2.4 | 1.2 | 1.6 | 5.9 | 9.0 | |
| P / Cash Flow | 1.8 | 1.9 | 2.8 | -3.1 | 7.0 | 6.7 | 7.0 | 4.3 | 3.2 | 2.4 | 15.8 | 20.9 | |
| P / FCF | 2.6 | 2.4 | 3.6 | -2.4 | 8.6 | 9.1 | 8.6 | 4.8 | 3.4 | 2.7 | 17.7 | 23.9 | |
| EV / EBITDA | 12.2 | 15.1 | 25.3 | 49.5 | 71.1 | 45.4 | -163.6 | -12.6 | 313.4 | -60.7 | 42.8 | 30.8 | |
| EV / FCF | 22.0 | 18.6 | 29.8 | -23.8 | 27.7 | 38.0 | 27.0 | 22.4 | 15.1 | 18.6 | 33.3 | 31.3 | |
| EV / Revenue | 2.2 | 2.4 | 2.8 | 2.8 | 3.8 | 3.8 | 3.9 | 3.6 | 3.7 | 3.6 | 6.3 | 7.7 | |
| Earnings Yield | 6.0% | -1.6% | -20.2% | -9.9% | -9.6% | -7.6% | -17.0% | -63.9% | 32.9% | -47.8% | -0.84% | 1.8% |
Income Statement 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.85B | $2.52B | $2.80B | $2.68B | $2.53B | $2.26B | $2.56B | $2.51B | $2.40B | $2.15B | $2.41B | $2.24B | $2.17B | $1.94B | $2.19B | $2.05B | |
| SG&A Expense | $907M | $861M | $882M | $795M | $894M | $867M | $820M | $850M | $832M | $794M | $766M | $715M | $711M | $725M | $666M | $661M | |
| Operating Expenses | $2.11B | $3.47B | $2.32B | $2.06B | $2.09B | $1.98B | $2.00B | $2.19B | $2.01B | $1.87B | $2.05B | $2.22B | $1.75B | $1.77B | $2.43B | $1.80B | |
| Operating Income | $740M | $-950M | $474M | $619M | $444M | $276M | $558M | $318M | $389M | $281M | $362M | $14M | $412M | $175M | $-236M | $244M | |
| Interest Income | $11M | $10M | $9M | $15M | $13M | $11M | $9M | $7M | $8M | $9M | $7M | $6M | $7M | $6M | $6M | $3M | |
| Other Non-op | · | · | · | · | · | · | $-2M | $-225M | $-20M | $0 | $-28M | $-60M | $83M | $-23M | $-29M | $-4M | |
| Pretax Income | $348M | $-1.35B | $56M | $218M | $140M | $-47M | $209M | $-21M | $48M | $-69M | $-7M | $-326M | $79M | $-136M | $-357M | $439M | |
| Income Tax | $88M | $77M | $159M | $37M | $12M | $39M | $111M | $71M | $49M | $8M | $40M | $56M | $52M | $73M | $53M | $36M | |
| Net Income | $258M | $-1.42B | $-112M | $179M | $148M | $-58M | $93M | $-85M | $10M | $-64M | $-39M | $-378M | $26M | $-201M | $-410M | $399M | |
| EPS (Basic) | $0.69 | $-3.82 | $-0.30 | $0.48 | $0.40 | $-0.16 | $0.24 | $-0.23 | $0.03 | $-0.17 | $-0.11 | $-1.03 | $0.07 | $-0.55 | $-1.13 | $1.10 | |
| EPS (Diluted) | $0.68 | $-3.82 | $-0.30 | $0.48 | $0.40 | $-0.16 | $0.24 | $-0.23 | $0.03 | $-0.17 | $-0.11 | $-1.03 | $0.07 | $-0.55 | $-1.13 | $1.10 | |
| Shares (Basic) | 375,000,000 | 372,800,000 | -740,900,000 | 371,300,000 | 370,900,000 | 369,600,000 | -735,100,000 | 368,400,000 | 367,900,000 | 366,800,000 | -728,600,000 | 365,400,000 | 364,800,000 | 363,300,000 | -723,500,000 | 362,500,000 | |
| Shares (Diluted) | 378,100,000 | 372,800,000 | -743,200,000 | 375,500,000 | 373,100,000 | 369,600,000 | -737,400,000 | 368,400,000 | 370,200,000 | 366,800,000 | -730,900,000 | 365,400,000 | 367,100,000 | 363,300,000 | -724,400,000 | 363,400,000 | |
| EBITDA | $740M | $-950M | · | $619M | $444M | $276M | · | $318M | $389M | $281M | · | $14M | $412M | $175M | · | $244M |
Balance Sheet 27
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.82B | $1.30B | $1.31B | $1.31B | $1.73B | $1.13B | $1.18B | $719M | $595M | $733M | $947M | $760M | $579M | $518M | $564M | $486M | |
| Receivables | $2.26B | $2.19B | $2.35B | $2.42B | $2.21B | $2.07B | $2.14B | $2.09B | $2.10B | $2.05B | · | $1.95B | $1.74B | $1.69B | · | $1.74B | |
| Inventory | $1.60B | $1.60B | $1.63B | $1.60B | $1.66B | $1.61B | $1.59B | $1.66B | $1.61B | $1.64B | · | $1.27B | $1.24B | $1.22B | · | $1.06B | |
| Prepaid Expense | $819M | $874M | $852M | $894M | $906M | $890M | $838M | $852M | $874M | $957M | · | $1.05B | $890M | $796M | · | $718M | |
| Current Assets | $6.52B | $5.98B | $6.16B | $6.25B | $6.51B | $5.73B | $5.77B | $5.35B | $5.21B | $5.40B | · | $5.05B | $4.46B | $4.24B | · | $4.01B | |
| PP&E (Net) | · | · | $2.07B | $2.03B | $1.99B | $1.88B | $1.78B | $1.79B | $1.74B | $1.71B | · | $1.58B | $1.60B | $1.60B | · | $1.51B | |
| PP&E (Gross) | · | · | $4.50B | · | · | · | $3.92B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $2.42B | · | · | · | $2.14B | · | · | · | · | · | · | · | · | · | |
| Goodwill | $9.79B | $9.81B | $11.27B | $11.29B | $11.30B | $11.15B | $11.09B | $11.17B | $11.13B | $11.16B | $11.18B | $11.19B | $11.63B | $11.58B | $11.55B | $12.04B | |
| Intangibles | $4.18B | $4.40B | $4.64B | $4.83B | $5.05B | $5.30B | $5.55B | $5.65B | $5.90B | $6.18B | · | $6.73B | $5.30B | $5.55B | · | $6.02B | |
| Other Non-current Assets | $358M | $369M | $378M | $382M | $388M | $380M | $363M | $389M | $329M | $312M | · | $328M | $325M | $318M | · | $341M | |
| Total Assets | $24.79B | $24.50B | $26.37B | $26.82B | $27.27B | $26.42B | $26.52B | $26.54B | $26.50B | $26.91B | · | $27.06B | $25.50B | $25.45B | · | $26.30B | |
| Accounts Payable | $593M | $593M | $600M | $616M | $627M | $620M | $589M | $667M | $579M | $642M | · | $569M | $515M | $561M | · | $486M | |
| Accrued Liabilities | $3.07B | $3.04B | $3.34B | $3.60B | $3.47B | $3.35B | $3.49B | $3.39B | $3.34B | $3.23B | · | $3.12B | $3.01B | $2.92B | · | $2.93B | |
| Current Liabilities | $4.54B | $4.53B | $4.18B | $4.79B | $4.97B | $4.26B | $6.75B | $4.51B | $4.37B | $4.41B | · | $4.22B | $3.97B | $3.92B | · | $3.83B | |
| Capital Leases | · | · | $167M | · | · | · | $165M | · | · | · | · | · | · | · | · | · | |
| Deferred Tax | $211M | $179M | $147M | $145M | $144M | $134M | $128M | $169M | $170M | $170M | · | $213M | $215M | $205M | · | $422M | |
| Other Non-current Liabilities | $733M | $763M | $793M | $843M | $877M | $761M | $713M | $805M | $745M | $751M | · | $721M | $745M | $746M | · | $619M | |
| Total Liabilities | $25.60B | $25.58B | $25.99B | $26.47B | $27.12B | $26.66B | $26.84B | $26.78B | $26.72B | $27.09B | · | $27.30B | $25.23B | $25.30B | · | $25.86B | |
| Long-term Debt | $20.74B | $20.76B | $20.82B | $21.04B | $21.74B | $21.51B | $21.62B | $21.51B | $21.66B | $22.07B | · | $22.43B | $20.55B | $20.65B | · | $21.21B | |
| Total Debt | $20.74B | $20.76B | · | $21.04B | $21.74B | $21.51B | · | $21.51B | $21.66B | $22.07B | · | $22.43B | $20.55B | $20.65B | · | $21.21B | |
| Common Stock | $10.54B | $10.54B | $10.52B | $10.52B | $10.51B | $10.51B | $10.49B | $10.49B | $10.48B | $10.48B | · | $10.42B | $10.41B | $10.40B | · | $10.39B | |
| Retained Earnings | $-10.83B | $-11.09B | $-9.67B | $-9.55B | $-9.73B | $-9.88B | $-9.82B | $-9.92B | $-9.83B | $-9.84B | · | $-9.74B | $-9.36B | $-9.39B | · | $-8.78B | |
| AOCI | $-1.82B | $-1.81B | $-1.76B | $-1.80B | $-1.79B | $-2.03B | $-2.18B | $-1.95B | $-2.01B | $-1.92B | · | $-2.05B | $-1.90B | $-1.99B | · | $-2.27B | |
| Stockholders' Equity | $-1.77B | $-2.06B | $-554M | $-565M | $-764M | $-1.18B | $-1.28B | $-1.17B | $-1.18B | $-1.11B | · | $-1.18B | $-663M | $-800M | · | $-525M | |
| Liabilities + Equity | $24.79B | $24.50B | $26.37B | $26.82B | $27.27B | $26.42B | $26.52B | $26.54B | $26.50B | $26.91B | · | $27.06B | $25.50B | $25.45B | · | $26.30B | |
| Shares Outstanding | 373,901,440 | 373,464,760 | 370,531,987 | 370,473,221 | 369,749,489 | 369,539,455 | 367,843,058 | 367,695,267 | 366,985,967 | 366,674,264 | · | 365,043,317 | 364,063,514 | 363,607,062 | · | 361,781,292 |
Cash Flow 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $281M | $295M | $290M | $306M | $307M | $305M | $307M | $322M | $318M | $320M | $329M | $301M | $315M | $319M | $360M | $335M | |
| Stock-based Comp | $54M | $52M | $84M | $43M | $46M | $43M | $43M | $38M | $36M | $33M | $29M | $29M | $33M | $41M | $35M | $33M | |
| Operating Cash Flow | $670M | $230M | $495M | $405M | $289M | $211M | $601M | $405M | $380M | $211M | $390M | $282M | $206M | $154M | $475M | $-1.26B | |
| CapEx | $77M | $109M | $92M | $91M | $99M | $115M | $106M | $71M | $78M | $82M | $98M | $42M | $28M | $47M | $66M | $54M | |
| Investing Cash Flow | $-93M | $-139M | $-282M | $-83M | $-100M | $-130M | $-200M | $-102M | $-79M | $-73M | $-148M | $-1.89B | $-30M | $-78M | $-136M | $-53M | |
| Debt Issued | $84M | $2.80B | $133M | $-1M | $10.37B | $50M | $506M | $0 | $80M | $75M | $146M | $2.69B | $300M | $155M | $355M | $161M | |
| Net Debt Issued | · | $-55M | · | · | · | $-118M | · | · | · | $-315M | · | · | · | $-124M | · | · | |
| Financing Cash Flow | $-49M | $-100M | $-235M | $-719M | $358M | $-146M | $85M | $-189M | $-424M | $-340M | $-79M | $1.82B | $-120M | $-142M | $-276M | $-36M | |
| Net Change in Cash | $526M | $-13M | $-15M | $-403M | $586M | $-44M | $451M | $127M | $-132M | $-207M | $182M | $192M | $57M | $-60M | $94M | $-1.38B | |
| Free Cash Flow | · | $121M | · | · | · | $96M | · | · | · | $129M | · | · | · | $107M | · | · |
Profitability 7
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 25.9% | -37.6% | · | 23.1% | 17.5% | 12.2% | · | 12.7% | 16.2% | 13.1% | · | 0.63% | 19.0% | 9.0% | · | 11.9% | |
| Net Margin | 9.0% | -56.4% | · | 6.7% | 5.9% | -2.6% | · | -3.4% | 0.42% | -3.0% | · | -16.9% | 1.2% | -10.3% | · | 19.5% | |
| Pretax Margin | 12.2% | -53.6% | · | 8.1% | 5.5% | -2.1% | · | -0.84% | 2.0% | -3.2% | · | -14.6% | 3.6% | -7.0% | · | 21.5% | |
| EBITDA Margin | 25.9% | -37.6% | · | 23.1% | 17.5% | 12.2% | · | 12.7% | 16.2% | 13.1% | · | 0.63% | 19.0% | 9.0% | · | 11.9% | |
| ROA | 0.99% | -5.6% | · | 0.67% | 0.55% | -0.22% | · | -0.32% | 0.04% | -0.24% | · | -1.4% | 0.10% | -0.74% | · | 1.4% | |
| ROE | -20.4% | 87.8% | · | -20.6% | -15.3% | 5.1% | · | 7.2% | -1.1% | 6.7% | · | 44.3% | -3.8% | 39.6% | · | -109.5% | |
| ROIC | 2.9% | -5.4% | · | 2.5% | 1.9% | 2.5% | · | 6.9% | -0.04% | 1.5% | · | 0.08% | 0.71% | 1.4% | · | 1.1% |
Liquidity & Solvency 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.4 | 1.3 | · | 1.3 | 1.3 | 1.3 | · | 1.2 | 1.2 | 1.2 | · | 1.2 | 1.1 | 1.1 | · | 1.0 | |
| Quick Ratio | 0.9 | 0.8 | · | 0.8 | 0.8 | 0.8 | · | 0.6 | 0.6 | 0.6 | · | 0.6 | 0.6 | 0.6 | · | 0.6 | |
| Debt / Equity | -11.7 | -10.1 | · | -37.2 | -28.5 | -18.2 | · | -18.3 | -18.4 | -19.8 | · | -19.0 | -31.0 | -25.8 | · | -40.4 | |
| LT Debt / Equity | -11.2 | -9.7 | · | -36.2 | -27.3 | -17.9 | · | -17.9 | -18.0 | -19.3 | · | -18.6 | -30.3 | -25.3 | · | -39.6 |
Efficiency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Receivables Turnover | 1.3 | 1.2 | · | 1.2 | 1.2 | 1.1 | · | 1.2 | 1.2 | 1.2 | · | 1.2 | 1.3 | 1.2 | · | 1.2 |
Valuation (TTM) 13
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $10.59B | $9.99B | · | $9.98B | $9.70B | $9.32B | · | $9.30B | $8.96B | $8.50B | · | $8.39B | $8.12B | $7.88B | · | $8.04B | |
| Net Income TTM | $-838M | $-1.15B | · | $184M | $15M | $-197M | · | $-517M | $-406M | $-617M | · | $-154M | $79M | $-16M | · | $373M | |
| Market Cap | $1.84B | $2.02B | · | $2.39B | $2.46B | $2.39B | · | $3.00B | $2.56B | $3.89B | · | $3.00B | $2.91B | $2.95B | · | $2.49B | |
| Enterprise Value | $20.76B | $21.48B | · | $22.12B | $22.47B | $22.77B | · | $23.79B | $23.62B | $25.23B | · | $24.67B | $22.89B | $23.08B | · | $23.22B | |
| P/E | -2.2 | -1.7 | · | 13.2 | 166.5 | -12.2 | · | -5.8 | -6.3 | -6.3 | · | -20.0 | 36.4 | -202.5 | · | 6.7 | |
| P/S | 0.2 | 0.2 | · | 0.2 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.5 | · | 0.4 | 0.4 | 0.4 | · | 0.3 | |
| P/B | -1.0 | -1.0 | · | -4.2 | -3.2 | -2.0 | · | -2.6 | -2.2 | -3.5 | · | -2.5 | -4.4 | -3.7 | · | -4.7 | |
| P / Cash Flow | · | 8.8 | · | · | · | 11.3 | · | · | · | 18.4 | · | · | · | 19.1 | · | · | |
| P / FCF | · | 16.7 | · | · | · | 24.9 | · | · | · | 30.2 | · | · | · | 27.5 | · | · | |
| EV / EBITDA | 28.1 | -22.6 | · | 35.7 | 50.6 | 82.5 | · | 74.8 | 60.7 | 89.8 | · | 1762.2 | 55.5 | 131.9 | · | 95.2 | |
| EV / FCF | · | 177.5 | · | · | · | 237.2 | · | · | · | 195.6 | · | · | · | 215.7 | · | · | |
| EV / Revenue | 2.0 | 2.1 | · | 2.2 | 2.3 | 2.4 | · | 2.6 | 2.6 | 3.0 | · | 2.9 | 2.8 | 2.9 | · | 2.9 | |
| Earnings Yield | -45.8% | -57.4% | · | 7.6% | 0.60% | -8.2% | · | -17.2% | -15.8% | -15.8% | · | -5.0% | 2.8% | -0.49% | · | 14.9% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $10.27B | $9.62B | $8.76B | $8.12B | $8.43B |
| Operating Margin % | 17.7% | 16.1% | 11.0% | 5.6% | 5.3% |
| Net Income | $157M | $-46M | $-592M | $-225M | $-948M |
| Diluted EPS | $0.42 | $-0.13 | $-1.62 | $-0.62 | $-2.64 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | -37.6 | -16.9 | -21.9 | -30.0 | -213.7 |
| Current Ratio | 1.5 | 0.9 | 1.3 | 1.1 | 1.1 |
| Quick Ratio | 0.9 | 0.5 | 0.7 | 0.6 | 0.5 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $1.00B | $1.26B | $817M | $-946M | $1.16B |
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Institutional owners (13F) 264 filers · $1.1B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 35 (+6 vs prior Q) | 30 (0 vs prior Q) | 79 (-11 vs prior Q) | 66 (+7 vs prior Q) | +22.3M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| PAULSON & CO. INC. | $361,151,434 | 73,255,869 | 32.22% | Shares |
| GOLDENTREE ASSET MANAGEMENT LP | $170,706,865 | 34,665,731 | 15.23% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $39,440,000 | 8,000,000 | 3.52% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $36,797,292 | 7,465,468 | 3.28% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $32,979,314 | 4,764,873 | 2.94% | Shares |
| MFN Partners Management, LP | $29,580,000 | 6,000,000 | 2.64% | Shares |
| GOLDMAN SACHS GROUP INC | $29,197,792 | 5,922,473 | 2.60% | Shares |
| Kohlberg Kravis Roberts & Co. L.P. | $25,808,550 | 5,235,000 | 2.30% | Shares |
| ING GROEP NV | $24,650,000 | 5,000,000 | 2.20% | Shares |
| Hudson Bay Capital Management LP | $24,650,000 | 5,000,000 | 2.20% | Shares |
| Lombard Odier Asset Management (USA) Corp | $19,720,000 | 4,000,000 | 1.76% | Put option |
| NORGES BANK | $16,914,543 | 3,431,117 | 1.51% | Shares |
| ROYAL BANK OF CANADA | $16,445,000 | 3,335,713 | 1.47% | Shares |
| MACQUARIE GROUP LTD | $16,022,500 | 3,250,000 | 1.43% | Shares |
| GENDELL JEFFREY L | $14,927,404 | 3,027,871 | 1.33% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $14,012,243 | 2,842,240 | 1.25% | Shares |
| D. E. Shaw & Co., Inc. | $12,484,879 | 2,533,096 | 1.11% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $11,094,735 | 2,250,910 | 0.99% | Shares |
| Point72 Asset Management, L.P. | $11,021,637 | 2,235,821 | 0.98% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $10,771,345 | 2,186,244 | 0.96% | Shares |
| TWO SIGMA INVESTMENTS, LP | $10,528,419 | 2,135,582 | 0.94% | Shares |
| PRIVATE MANAGEMENT GROUP INC | $8,301,316 | 1,683,837 | 0.74% | Shares |
| Qube Research & Technologies Ltd | $8,291,856 | 1,681,918 | 0.74% | Shares |
| TWO SIGMA ADVISERS, LP | $7,366,576 | 1,059,939 | 0.66% | Shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $7,365,406 | 1,494,205 | 0.66% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $6,903,479 | 1,400,300 | 0.62% | Put option |
| RENAISSANCE TECHNOLOGIES LLC | $6,530,027 | 1,324,549 | 0.58% | Shares |
| Man Group plc | $6,505,322 | 1,319,538 | 0.58% | Shares |
| BARCLAYS PLC | $6,162,500 | 1,250,000 | 0.55% | Put option |
| MILLENNIUM MANAGEMENT LLC | $5,394,096 | 1,095,104 | 0.48% | Shares |
| VANGUARD GROUP INC | $5,138,119 | 740,043 | 0.46% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $5,138,046 | 1,042,200 | 0.46% | Call option |
| DEUTSCHE BANK AG\ | $4,930,000 | 1,000,000 | 0.44% | Call option |
| TD Asset Management Inc | $4,624,904 | 938,710 | 0.41% | Shares |
| BANK OF MONTREAL /CAN/ | $4,396,480 | 892,927 | 0.39% | Shares |
| SIG North Trading, ULC | $4,360,585 | 884,500 | 0.39% | Call option |
| Bridgewater Associates, LP | $4,270,785 | 866,285 | 0.38% | Shares |
| Vanguard Global Advisers, LLC | $4,217,745 | 855,700 | 0.38% | Shares |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $3,712,320 | 753,006 | 0.33% | Shares |
| CITADEL ADVISORS LLC | $3,660,525 | 742,500 | 0.33% | Put option |
| GAMCO INVESTORS, INC. ET AL | $3,486,772 | 707,256 | 0.31% | Shares |
| WHITEBOX ADVISORS LLC | $3,030,333 | 614,672 | 0.27% | Shares |
| Jump Financial, LLC | $3,012,723 | 611,100 | 0.27% | Shares |
| WOLVERINE ASSET MANAGEMENT LLC | $2,680,441 | 543,700 | 0.24% | Put option |
| Trexquant Investment LP | $2,644,649 | 536,440 | 0.24% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $2,564,884 | 520,609 | 0.23% | Shares |
| MACKENZIE FINANCIAL CORP | $2,555,362 | 365,574 | 0.23% | Shares |
| Swiss National Bank | $2,498,689 | 508,460 | 0.22% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $2,418,350 | 491,168 | 0.22% | Shares |
| Federation des caisses Desjardins du Quebec | $2,391,971 | 496,238 | 0.21% | Shares |
| Quadrature Capital Ltd | $2,045,224 | 415,116 | 0.18% | Shares |
| NOMURA HOLDINGS INC | $1,969,141 | 399,420 | 0.18% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $1,942,204 | 394,378 | 0.17% | Shares |
| Nuveen Asset Management, LLC | $1,733,240 | 214,522 | 0.15% | Shares |
| Fore Capital, LLC | $1,725,500 | 350,000 | 0.15% | Call option |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | $1,610,228 | 327,038 | 0.14% | Shares |
| PICTON MAHONEY ASSET MANAGEMENT | $1,471,116 | 299,232 | 0.13% | Shares |
| WOLVERINE TRADING, LLC | $1,324,409 | 204,700 | 0.12% | Put option |
| CIBC Asset Management Inc | $1,305,024 | 265,310 | 0.12% | Shares |
| Walleye Trading LLC | $1,298,069 | 263,300 | 0.12% | Put option |
| Engineers Gate Manager LP | $1,232,456 | 249,991 | 0.11% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $1,166,808 | 237,211 | 0.10% | Shares |
| NATIONAL BANK OF CANADA /FI/ | $1,112,640 | 233,062 | 0.10% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $1,100,384 | 223,247 | 0.10% | Shares |
| Mitsubishi UFJ Trust & Banking Corp | $1,039,572 | 211,124 | 0.09% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $1,005,034 | 203,963 | 0.09% | Shares |
| WOLVERINE TRADING, LLC | $983,440 | 152,000 | 0.09% | Call option |
| Nuveen, LLC | $933,283 | 189,427 | 0.08% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $923,813 | 187,386 | 0.08% | Shares |
| VAN ECK ASSOCIATES CORP | $914,830 | 185,537 | 0.08% | Shares |
| RITHOLTZ WEALTH MANAGEMENT | $894,992 | 181,540 | 0.08% | Shares |
| Sequoia Financial Advisors, LLC | $879,019 | 178,300 | 0.08% | Call option |
| Caption Management, LLC | $827,747 | 167,900 | 0.07% | Put option |
| JANE STREET GROUP, LLC | $785,842 | 159,400 | 0.07% | Put option |
| Kazazian Asset Management, LLC | $739,500 | 150,000 | 0.07% | Shares |
| CIBC WORLD MARKET INC. | $725,182 | 147,267 | 0.06% | Shares |
| CITADEL ADVISORS LLC | $711,892 | 144,400 | 0.06% | Call option |
| AMERICAN CENTURY COMPANIES INC | $702,627 | 142,561 | 0.06% | Shares |
| FOX RUN MANAGEMENT, L.L.C. | $688,859 | 139,728 | 0.06% | Shares |
| TRUIST FINANCIAL CORP | $670,480 | 136,000 | 0.06% | Call option |
| Walleye Trading LLC | $666,531 | 135,199 | 0.06% | Shares |
| INTACT INVESTMENT MANAGEMENT INC. | $582,028 | 118,100 | 0.05% | Shares |
| SIG North Trading, ULC | $576,317 | 116,900 | 0.05% | Put option |
| Graham Capital Management, L.P. | $502,717 | 101,971 | 0.04% | Shares |
| Squarepoint Ops LLC | $501,568 | 101,738 | 0.04% | Shares |
| Y-Intercept (Hong Kong) Ltd | $458,830 | 93,069 | 0.04% | Shares |
| MARSHALL WACE, LLP | $453,787 | 92,046 | 0.04% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $438,349 | 88,971 | 0.04% | Shares |
| Vontobel Holding Ltd. | $426,322 | 86,475 | 0.04% | Shares |
| XTX Topco Ltd | $419,632 | 85,118 | 0.04% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $411,877 | 83,545 | 0.04% | Shares |
| Marex Group Ltd | $410,082 | 83,181 | 0.04% | Shares |
| Poehling Capital Management, INC. | $406,562 | 82,467 | 0.04% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $405,837 | 82,424 | 0.04% | Shares |
| Fore Capital, LLC | $394,400 | 80,000 | 0.04% | Shares |
| Annis Gardner Whiting Capital Advisors, LLC | $392,936 | 79,703 | 0.04% | Shares |
| BlackRock, Inc. | $391,679 | 79,448 | 0.03% | Shares |
| CITADEL ADVISORS LLC | $391,334 | 79,378 | 0.03% | Shares |
| TRUIST FINANCIAL CORP | $387,118 | 78,523 | 0.03% | Shares |
| Schonfeld Strategic Advisors LLC | $386,549 | 78,408 | 0.03% | Shares |
Company insiders 79 insiders · 37 officers · 40 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Thomas Appio | Chief Executive Officer | March 2, 2026 J | 2,315,374 | 0 | 0 | $0 |
| Howard Bradley Schiller | Chairman and CEO | Feb. 18, 2016 F | 336,784 | 0 | 0 | $0 |
| Michael J. Pearson | Chief Executive Officer | Dec. 31, 2015 F | 1,514,664 | 0 | 0 | $0 |
| Jean-Jacques Charhon | EVP, CFO | Feb. 27, 2026 F | 706,478 | 0 | 0 | $0 |
| Tom George Vadaketh | EVP, Chief Financial Officer | Sept. 5, 2023 F | 564,933 | 0 | 0 | $0 |
| Sam Eldessouky | EVP & Chief Financial Officer | March 3, 2022 F | 119,455 | 0 | 0 | $0 |
| Robert L. Rosiello | EVP, Chief Financial Officer | May 12, 2016 A | 534,525 | 0 | 0 | $0 |
| Philip Walden Loberg Jr | EVP, Interim CFO | July 25, 2011 A | 145,065 | 0 | 0 | $0 |
| Margaret Jean Mulligan | Chief Financial Officer | Oct. 4, 2010 A | — | 0 | 0 | $0 |
| Aimee J. Lenar | President, US Pharma | July 17, 2026 F | 371,680 | 0 | 0 | $0 |
| Robert Spurr | President, U.S. Businesses | May 10, 2022 M | 112,741 | 0 | 0 | $0 |
| William D. Humphries | President, Ortho-Dermatologics | Dec. 4, 2020 M | 235,035 | 0 | 0 | $0 |
| Mark C. Mckenna | President, Salix | Aug. 19, 2019 S | 20,756 | 0 | 0 | $0 |
| Rajiv De Silva | President and COO | Jan. 5, 2013 F | 259,767 | 0 | 0 | $0 |
| Richard Kevin Masterson | Pres. & COO, Valeant Intl. BB | May 10, 2012 S | 89,524 | 0 | 0 | $0 |
| Michel Chouinard | COO, Biovail Labs. Intl SRL | Dec. 22, 2010 A | 2,470 | 0 | 0 | $0 |
| Gilbert Godin | EVP & COO | July 5, 2010 A | — | 0 | 0 | $0 |
| Steven Hyosig Lee | SVP, Controller & CAO | July 14, 2026 F | 70,114 | 0 | 0 | $0 |
| Seana Carson | EVP, General Counsel | March 3, 2026 S | 616,761 | 0 | 4 | $-212,775 |
| John S Barresi | SVP, Controller & CAO | Feb. 28, 2025 F | 192,268 | 0 | 0 | $0 |
| Frederick Munsch | SVP, Controller and CAO | May 3, 2022 F | 22,435 | 0 | 0 | $0 |
| Christina Ackermann | EVP AND GENERAL COUNSEL | March 10, 2022 F | 162,240 | 0 | 0 | $0 |
| Joseph F Gordon | Pres&Co-Head Bausch&Lomb/Int'l | March 8, 2022 S | 93,139 | 0 | 0 | $0 |
| Ari Kellen | EVP, Company Group Chairman | May 12, 2016 A | 650,774 | 0 | 0 | $0 |
| Anne Clem Whitaker | EVP, Company Group Chairman | May 12, 2016 A | 165,390 | 0 | 0 | $0 |
| Robert Roswell Chai-Onn | EVP, CLO, General Counsel | May 12, 2016 A | 124,815 | 0 | 0 | $0 |
| Debora Jorn | EVP, Company Group Chairman | Nov. 20, 2015 F | 34,812 | 0 | 0 | $0 |
| Pavel Mirovsky | EVP, Pres. & GM Valeant EMENA | June 23, 2015 A | 69,525 | 0 | 0 | $0 |
| Brian M. Stolz | EVP, Administration & CHCO | June 22, 2015 F | 125,280 | 0 | 0 | $0 |
| Laizer Kornwasser | EVP, Company Group Chairman | April 27, 2015 D | 98,824 | 0 | 0 | $0 |
| Daniel Mark Wechsler | EVO, Co. Grp. Chmn, Eye Health | Aug. 12, 2013 A | — | 0 | 0 | $0 |
| Susan Hall | Global Head of R&D | July 26, 2013 M | 27,588 | 0 | 0 | $0 |
| Jason David Hanson | EVP, Company Group Chairman | Dec. 11, 2012 A | — | 0 | 0 | $0 |
| Mark Andrew Durham | SVP Human Resources | May 11, 2011 M | 61,595 | 0 | 0 | $0 |
| Christine Mayer | SVP, BTA Pharmaceuticals, Inc. | Oct. 4, 2010 A | — | 0 | 0 | $0 |
| Hans Christian Fibiger | Chief Scientific Officer | Oct. 4, 2010 A | — | 0 | 0 | $0 |
| Gregory David Gubitz | SVP, Corp. Devel. & GC | July 5, 2010 A | — | 0 | 0 | $0 |
| Amy B Wechsler | Director | June 30, 2026 A | 314,979 | 0 | 0 | $0 |
| John Paulson | Director | June 30, 2026 A | 430,242 | 0 | 0 | $0 |
| Sandra Leung | Director | June 30, 2026 A | 97,070 | 0 | 0 | $0 |
| Frank D. Lee | Director | May 22, 2026 A | 95,210 | 0 | 2 | $-254,682 |
| Michael Goettler | Director | May 22, 2026 A | 76,020 | 0 | 0 | $0 |
| Eiry Roberts | Director | May 22, 2026 A | 45,871 | 0 | 0 | $0 |
| Sarah B Kavanagh | Director | May 22, 2026 A | 282,230 | 0 | 0 | $0 |
| Christian A Garcia | Director | May 22, 2026 A | 135,578 | 0 | 0 | $0 |
| Robert N Power | Director | May 22, 2026 A | 300,594 | 0 | 0 | $0 |
| Brett Icahn | Director | June 30, 2025 A | 220,280 | 0 | 0 | $0 |
| Steven D Miller | Director | May 16, 2025 A | 229,224 | 0 | 0 | $0 |
| Richard Mulligan | Director | May 16, 2025 A | 155,616 | 0 | 0 | $0 |
| Russel C Robertson | Director | March 29, 2024 A | 225,279 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 28 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Icahn Partners Master Fund LP, Icahn Offshore LP, Icahn Partners LP, Icahn Onshore LP, Icahn Capital LP, IPH GP LLC, Icahn Enterprises Holdings L.P., Icahn Enterprises G.P. Inc., Beckton Corp., Carl C. Icahn ×6 filings | Aug. 15, 2025 | 0.00% | Amendment | — | SEC |
| PAULSON & CO. INC. ×6 filings | Aug. 14, 2025 | 19.10% | Amendment | — | SEC |
| Alex Meruelo | April 7, 2025 | 9.99% | Initial filing | Passive investment | SEC |
| Aug. 19, 2024 | — | Initial filing | — | SEC | |
| Undisclosed reporting person, Undisclosed reporting person | May 13, 2022 | — | Initial filing | — | SEC |
| Glenview Capital Management, LLC, Larry Robbins ×2 filings | Dec. 13, 2021 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | June 21, 2021 | — | Initial filing | — | SEC |
| Feb. 24, 2021 | — | Initial filing | — | SEC | |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | March 16, 2017 | — | Initial filing | — | SEC |
| Pershing Square Capital Management, L.P., PS Management GP, LLC, William A. Ackman ×12 filings | March 14, 2017 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | June 15, 2015 | — | Initial filing | — | SEC |
| Valeant Pharmaceuticals International, Inc., Valeant Pharmaceuticals International ×10 filings | Nov. 20, 2014 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Sept. 25, 2014 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | May 8, 2014 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person | May 23, 2012 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 23 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| DTAN · EA Series Trust | 0.28% | 10,972 NS | May 29, 2026 | N-PORT |
| TLTD · FlexShares Trust | 0.09% | 95,424 NS | April 30, 2026 | N-PORT |
| ISCF · iShares Trust | 0.07% | 79,984 SH | Aug. 8, 2026 | Daily |
| SCHC · SCHWAB STRATEGIC TRUST | 0.05% | 542,712 NS | May 31, 2026 | N-PORT |
| DFIS · Dimensional ETF Trust | 0.03% | 335,303 NS | April 30, 2026 | N-PORT |
| DXIV · Dimensional ETF Trust | 0.03% | 7,943 NS | April 30, 2026 | N-PORT |
| FNDF · SCHWAB STRATEGIC TRUST | 0.03% | 1,414,010 NS | May 31, 2026 | N-PORT |
| VSS · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.03% | 978,582 SH | Aug. 8, 2026 | Daily |
| DISV · Dimensional ETF Trust | 0.03% | 214,485 NS | April 30, 2026 | N-PORT |
| PXF · Invesco Exchange-Traded Fund Trust … | 0.02% | 113,940 SH | Aug. 8, 2026 | Daily |
| WSML · iShares Trust | 0.01% | 16,371 SH | Aug. 8, 2026 | Daily |
| DFIC · Dimensional ETF Trust | 0.01% | 194,355 NS | April 30, 2026 | N-PORT |
| IDEV · iShares Trust | 0.01% | 358,322 SH | Aug. 8, 2026 | Daily |
| DFAX · Dimensional ETF Trust | 0.01% | 120,510 NS | April 30, 2026 | N-PORT |
| DFSI · Dimensional ETF Trust | 0.01% | 10,838 NS | April 30, 2026 | N-PORT |
| AVDE · AMERICAN CENTURY ETF TRUST | 0.00% | 132,116 NS | May 31, 2026 | N-PORT |
| AVDS · AMERICAN CENTURY ETF TRUST | 0.00% | 2,277 NS | May 31, 2026 | N-PORT |
| IXUS · iShares Trust | 0.00% | 379,782 SH | Aug. 8, 2026 | Daily |
| DFAI · Dimensional ETF Trust | 0.00% | 99,833 NS | April 30, 2026 | N-PORT |
| VXUS · VANGUARD STAR FUNDS | 0.00% | 3,762,192 SH | Aug. 8, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.00% | 190,882 SH | Aug. 8, 2026 | Daily |
| VEA · VANGUARD TAX-MANAGED FUNDS | 0.00% | 2,481,313 SH | Aug. 8, 2026 | Daily |
| VSGX · VANGUARD WORLD FUND | 0.00% | 52,499 SH | Aug. 8, 2026 | Daily |