Growth Streak≈5Consecutive years of dividend growth
Ex-date
Amount
Currency
Yield
Sep 11, 2026
$0.82
USD
≈8.0%
Jun 12, 2026
$0.82
USD
≈6.7%
Mar 13, 2026
$0.78
USD
≈6.6%
Dec 5, 2025
$0.78
USD
≈7.4%
Sep 12, 2025
$0.78
USD
≈6.4%
Jun 13, 2025
$0.78
USD
≈6.6%
Mar 14, 2025
$0.76
USD
≈6.1%
Dec 6, 2024
$0.76
USD
≈6.0%
Sep 13, 2024
$0.76
USD
≈5.8%
Jun 7, 2024
$0.76
USD
≈6.8%
Mar 14, 2024
$0.76
USD
≈6.5%
Dec 7, 2023
$0.73
USD
≈6.8%
Sep 14, 2023
$0.73
USD
≈6.4%
Jun 15, 2023
$0.72
USD
≈6.2%
Mar 9, 2023
$0.97
USD
≈6.0%
Dec 8, 2022
$0.71
USD
≈5.9%
Sep 15, 2022
$0.71
USD
≈6.3%
Jun 9, 2022
$0.71
USD
≈6.4%
Mar 10, 2022
$0.69
USD
≈6.5%
Dec 23, 2021
$0.24
USD
≈6.2%
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise-2.9%
Next ReportOct 28, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Jul 22, 2026
$0.80
$0.82
-2.9%
March 31, 2026
$0.82
$0.84
-1.8%
Dec. 31, 2025
$0.94
$0.79
19.1%
Sept. 30, 2025
$0.86
$0.73
17.5%
June 30, 2025
$0.54
$0.77
-29.5%
March 31, 2025
$0.60
$0.75
-20.0%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement16
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue
$1.59B
$1.53B
$1.44B
$1.31B
$1.22B
$1.15B
$1.15B
$1.06B
$971M
$828M
$575M
$591M
Cost of Revenue
·
·
$0
$0
$53M
$57M
$75M
·
·
·
·
·
SG&A Expense
$63M
$60M
$56M
$51M
$61M
$69M
$65M
$71M
$63M
$71M
$83M
$81M
Operating Expenses
$393M
$401M
$372M
$282M
$375M
$344M
$436M
$462M
$366M
$348M
$318M
$333M
Operating Income
$1.20B
$1.13B
$1.07B
$1.03B
$842M
$809M
$717M
$594M
$606M
$481M
$257M
$259M
Interest Expense
·
$367M
$323M
$309M
$283M
$282M
$302M
$248M
$217M
$186M
$124M
$117M
Interest Income
·
$11M
$0
$0
·
·
·
·
·
·
·
·
Other Non-op
$-349M
$-321M
$-311M
$-310M
$-279M
$-300M
$-322M
$-249M
$-215M
$-184M
$-122M
$-115M
Pretax Income
$853M
$810M
$757M
$720M
$562M
$510M
$396M
$344M
$390M
$297M
$136M
$144M
Income Tax
$2M
$2M
$2M
$17M
$28M
$4M
$5M
$5M
$10M
$8M
$7M
$5M
Net Income
$825M
$785M
$734M
$685M
$534M
$506M
$391M
$340M
$381M
$289M
$128M
$139M
EPS (Basic)
$2.95
$2.87
$2.78
$2.71
$2.27
$2.31
$1.82
$1.59
$1.80
$1.62
$1.12
$1.23
EPS (Diluted)
$2.95
$2.87
$2.77
$2.70
$2.26
$2.30
$1.81
$1.58
$1.79
$1.60
$1.08
$1.18
Shares (Basic)
279,605,000
272,802,000
264,053,000
252,716,000
235,472,000
218,817,000
214,667,000
213,720,000
210,705,000
178,594,000
114,432,000
112,037,000
Shares (Diluted)
280,043,000
273,534,000
264,993,000
253,846,000
236,231,000
219,773,000
215,786,000
214,779,000
212,752,000
180,622,000
118,439,000
117,586,000
EBITDA
$1.48B
$1.40B
$1.35B
$1.28B
$1.09B
$1.05B
$976M
$742M
·
$596M
$257M
$259M
Balance Sheet20
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Cash & Equivalents
·
·
·
·
·
·
$27M
$26M
$29M
$37M
$42M
$36M
Short-term Investments
$0
$561M
$0
·
·
·
·
·
·
·
·
·
Prepaid Expense
·
·
·
·
·
·
·
·
·
·
$8M
$8M
Other Current Assets
·
·
·
·
·
·
·
·
·
·
$58M
$45M
PP&E (Net)
·
·
·
·
$13M
$81M
$94M
$101M
$108M
$119M
$130M
$134M
PP&E (Gross)
·
·
·
·
$29M
$177M
$266M
$265M
$262M
$264M
$261M
$253M
Accum. Depreciation
·
·
·
·
$16M
$96M
$172M
$164M
$153M
$144M
$131M
$119M
Goodwill
·
·
·
·
·
$0
$16M
$16M
$76M
$76M
$76M
$76M
Intangibles
·
·
·
·
·
$0
$10M
$10M
$10M
$10M
$10M
$10M
Total Assets
$12.91B
$13.08B
$11.81B
$10.93B
$10.69B
$9.03B
$8.43B
$8.58B
$7.25B
$7.37B
$2.45B
$2.53B
Deferred Tax
·
·
·
·
$0
$359.0K
$279.0K
$261.0K
$244.0K
$265.0K
$232.0K
$1M
Total Liabilities
$7.90B
$8.43B
$7.30B
$6.81B
$7.30B
$6.36B
$6.36B
$6.31B
$4.79B
$4.94B
$2.70B
$2.70B
Long-term Debt
$7.20B
$7.74B
$6.63B
$6.13B
$6.55B
$5.75B
·
$5.85B
$4.44B
$4.66B
$2.51B
$2.57B
Total Debt
·
·
·
·
·
·
·
·
·
$4.66B
$2.51B
·
Common Stock
$3M
$3M
$3M
$3M
$2M
$2M
$2M
$2M
$2M
$2M
$1M
$1M
Retained Earnings
$-1.99B
$-1.94B
$-1.90B
$-1.80B
$-1.77B
$-1.61B
$-1.89B
$-1.69B
$-1.48B
$-1.33B
$-1.19B
$-1.07B
AOCI
$904.0K
$0
·
·
·
·
·
·
·
·
·
·
Stockholders' Equity
$4.63B
$4.27B
$4.16B
$4.12B
$3.39B
$2.68B
$2.07B
$2.27B
$2.46B
$2.43B
$-254M
$-176M
Liabilities + Equity
$12.91B
$13.08B
$11.81B
$10.93B
$10.69B
$9.03B
$8.43B
$8.58B
$7.25B
$7.37B
$2.45B
$2.53B
Shares Outstanding
283,037,310
274,422,549
270,922,719
260,727,030
247,206,937
232,452,220
214,694,165
214,211,932
212,717,549
·
·
·
Cash Flow15
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
D&A
$283M
$273M
$276M
$255M
$252M
$243M
$259M
$148M
$124M
$116M
$110M
$107M
Stock-based Comp
$21M
$24M
$23M
$20M
$17M
$20M
$16M
$11M
$16M
$18M
$17M
$12M
Deferred Tax
$0
$0
$0
$0
$5M
$451.0K
$-755.0K
$-522.0K
$-561.0K
$-2M
$-813.0K
$-3M
Other Non-cash
$181.0K
$-10M
$-24M
$-40M
$-4M
$-341M
$85M
$156M
·
$93M
·
·
Operating Cash Flow
$1.13B
$1.07B
$1.01B
$920M
$804M
$428M
$750M
$654M
$599M
$514M
$320M
$273M
CapEx
·
·
·
·
$14M
$474.0K
$0
$20.0K
$78.0K
$330.0K
$16M
$139M
Investing Cash Flow
$-309M
$-1.61B
$-651M
$-354M
$-1.03B
$-9M
$-3M
$-1.51B
$698.0K
$-3.22B
·
·
Debt Issued
$1.29B
$1.52B
$1.08B
$424M
$795M
$2.08B
$1.36B
$2.59B
$100M
$2.55B
$0
$292M
Net Debt Issued
$-534M
$1.06B
$493M
$-847M
$432M
$15M
$-119M
$1.43B
·
$2.17B
$-68M
$260M
Dividends Paid
$872M
$831M
$834M
$771M
$634M
$231M
$589M
$550M
$529M
$428M
$252M
$494M
Financing Cash Flow
$-1.06B
$312M
$86M
$-1.05B
$443M
$63M
$-746M
$852M
$-607M
$2.70B
·
·
Net Change in Cash
$-238M
$-221M
$445M
$-486M
$238M
$460M
$1M
$-3M
$-8M
$-5M
·
·
Taxes Paid
$2M
$4M
$2M
$21M
$17M
$3M
$6M
$5M
$12M
$7M
$10M
$20M
Free Cash Flow
·
·
·
·
$790M
$428M
$750M
$654M
·
$514M
$304M
$134M
Levered FCF
·
·
·
·
$521M
$148M
$452M
$410M
·
$333M
$186M
$21M
Profitability7
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Operating Margin
75.3%
73.8%
74.2%
78.5%
69.2%
70.2%
62.2%
56.2%
·
58.0%
44.8%
43.7%
Net Margin
51.7%
51.2%
51.0%
52.2%
43.9%
43.9%
33.9%
32.2%
·
34.9%
22.3%
23.5%
Pretax Margin
53.5%
52.9%
52.6%
54.9%
46.2%
44.2%
34.3%
32.6%
·
35.8%
23.6%
24.3%
EBITDA Margin
93.1%
91.7%
93.4%
97.9%
89.9%
91.2%
84.7%
70.3%
·
72.0%
44.8%
43.7%
ROA
6.3%
6.3%
6.5%
6.3%
5.4%
5.8%
4.6%
4.3%
·
5.9%
5.1%
·
ROE
18.6%
18.6%
17.8%
19.1%
18.1%
20.7%
19.1%
15.2%
·
26.5%
-59.6%
·
ROIC
25.9%
26.4%
25.6%
26.6%
25.1%
30.0%
34.2%
25.8%
·
6.6%
10.8%
·
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Debt / Equity
·
·
·
·
·
·
·
·
·
1.9
-9.9
·
LT Debt / Equity
·
·
·
·
·
·
·
·
·
1.9
-9.9
·
Interest Coverage
·
3.1
3.3
3.3
3.0
2.9
2.4
2.4
·
2.6
2.1
2.2
Efficiency1
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Asset Turnover
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
·
0.2
0.2
·
Per Share6
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Book Value / Share
$16.35
$15.55
$15.34
$14.49
$12.88
$11.51
·
$10.58
·
·
·
·
Revenue / Share
$5.69
$5.60
$5.44
$5.17
$5.15
$5.25
$5.35
$4.92
·
$4.59
$4.86
$5.03
Cash Flow / Share
$4.03
$3.92
$3.81
$3.62
$3.40
$1.95
$3.48
$3.05
·
$2.85
$2.70
$2.32
Cash / Share
·
·
·
·
·
·
·
$0.12
·
·
·
·
Dividend Paid / Share
$3.10
$3.04
$3.15
$2.85
$2.86
$2.50
$2.74
$2.57
$2.50
$2.32
$2.18
$2.48
EPS (TTM)
$2.95
$2.87
$2.77
$2.70
$2.26
$2.30
$1.81
$1.58
$1.79
$1.60
$1.08
$1.18
Growth Rates10
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue YoY
4.1%
6.3%
9.8%
7.8%
5.5%
·
·
·
·
·
·
·
Revenue CAGR 3Y
6.7%
8.0%
7.7%
·
·
·
·
·
·
·
·
·
Revenue CAGR 5Y
6.7%
·
·
·
·
·
·
·
·
·
·
·
EPS YoY
2.8%
3.6%
2.6%
19.5%
-1.7%
·
·
·
·
·
·
·
EPS CAGR 3Y
3.0%
8.3%
6.4%
·
·
·
·
·
·
·
·
·
EPS CAGR 5Y
5.1%
·
·
·
·
·
·
·
·
·
·
·
Net Income YoY
5.2%
6.9%
7.2%
28.2%
5.6%
·
·
·
·
·
·
·
Net Income CAGR 3Y
6.4%
13.7%
13.2%
·
·
·
·
·
·
·
·
·
Net Income CAGR 5Y
10.3%
·
·
·
·
·
·
·
·
·
·
·
Dividends Paid CAGR 5Y
30.5%
·
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)13
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue TTM
$1.59B
$1.53B
$1.44B
$1.31B
$1.22B
$1.15B
$1.15B
$1.06B
$971M
$828M
$575M
$591M
Net Income TTM
$825M
$785M
$734M
$685M
$534M
$506M
$391M
$340M
$381M
$289M
$128M
$139M
Market Cap
$12.65B
$13.22B
$13.37B
$13.58B
$12.03B
$9.86B
$0
$6.92B
·
·
·
·
P/E
15.1
16.8
17.8
19.3
21.5
18.4
23.8
20.4
20.7
19.1
25.7
24.9
P/S
7.9
8.6
9.3
10.4
9.9
8.5
0.0
6.6
·
·
·
·
P/B
2.7
3.1
3.2
3.6
3.8
3.7
·
3.1
·
·
·
·
P / Tangible Book
2.7
3.1
3.2
3.3
3.5
3.7
·
·
·
·
·
·
P / Cash Flow
11.2
12.3
13.2
14.8
15.0
23.0
0.0
10.6
·
·
·
·
P / FCF
·
·
·
·
15.2
23.0
0.0
10.6
·
·
·
·
Dividend Yield
6.9%
6.3%
6.2%
5.7%
5.3%
2.3%
·
8.0%
·
·
·
·
Earnings Yield
6.6%
6.0%
5.6%
5.2%
4.6%
5.4%
4.2%
4.9%
4.8%
5.2%
3.9%
4.0%
Payout Ratio
105.7%
105.9%
113.6%
112.6%
118.7%
45.6%
150.7%
162.1%
·
148.1%
196.5%
356.0%
Annual Payout
$872M
$831M
$834M
$771M
$634M
$231M
$589M
$550M
$529M
$428M
$252M
$494M
Income Statement16
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
$431M
$420M
$407M
$398M
$395M
$395M
·
$385M
$381M
$376M
·
$360M
$357M
$355M
·
$334M
Cost of Revenue
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
$0
SG&A Expense
$13M
$18M
$12M
$17M
$16M
$19M
$14M
$13M
$14M
$18M
$14M
$14M
$13M
$16M
$11M
$12M
Operating Expenses
$98M
$87M
$44M
$60M
$153M
$136M
$81M
$114M
$87M
$118M
$74M
$91M
$118M
$88M
$61M
$16M
Operating Income
$332M
$333M
$363M
$337M
$242M
$259M
$308M
$271M
$293M
$258M
$295M
$268M
$238M
$267M
$275M
$318M
Interest Expense
·
·
·
·
·
·
·
$96M
$87M
$87M
·
$80M
$79M
$81M
$77M
$77M
Interest Income
·
·
·
·
·
·
·
$-3M
$5M
$2M
·
$0
$0
$0
·
·
Other Non-op
$-97M
$-93M
$-87M
$-88M
$-85M
$-88M
$-84M
$-81M
$-79M
$-77M
$-77M
$-79M
$-78M
$-78M
$-75M
$-76M
Pretax Income
$236M
$240M
$276M
$249M
$157M
$171M
$224M
$191M
$215M
$180M
$218M
$190M
$160M
$189M
$200M
$241M
Income Tax
$601.0K
$560.0K
$560.0K
$560.0K
$545.0K
$564.0K
$565.0K
$515.0K
$412.0K
$637.0K
$957.0K
$482.0K
$40.0K
$518.0K
$624.0K
$15M
Net Income
$228M
$232M
$267M
$241M
$151M
$165M
$217M
$185M
$208M
$174M
$211M
$184M
$156M
$183M
$194M
$220M
EPS (Basic)
$0.80
$0.82
$0.95
$0.85
$0.55
$0.60
$0.79
$0.67
$0.77
$0.64
$0.79
$0.70
$0.59
$0.70
$0.76
$0.86
EPS (Diluted)
$0.80
$0.82
$0.96
$0.85
$0.54
$0.60
$0.79
$0.67
$0.77
$0.64
$0.78
$0.70
$0.59
$0.70
$0.76
$0.85
Shares (Basic)
285,725,000
283,219,000
·
283,008,000
277,438,000
274,827,000
·
273,788,000
271,501,000
271,490,000
·
263,238,000
262,490,000
261,791,000
·
256,558,000
Shares (Diluted)
285,857,000
283,556,000
·
283,503,000
277,797,000
275,403,000
·
274,798,000
272,065,000
272,026,000
·
264,207,000
263,400,000
262,672,000
·
257,530,000
EBITDA
$332M
$403M
·
$337M
$242M
$328M
·
$271M
$293M
$326M
·
$268M
$238M
$336M
·
$318M
Balance Sheet10
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
Short-term Investments
·
·
$0
$0
$0
$0
$561M
$554M
$348M
$343M
·
·
·
·
·
·
Total Assets
$14.16B
$13.77B
$12.91B
$12.79B
$12.49B
$12.13B
$13.08B
$12.68B
$11.78B
$11.78B
·
$11.24B
$11.03B
$11.12B
·
$10.78B
Total Liabilities
$8.77B
$8.73B
$7.90B
$7.83B
$7.56B
$7.54B
$8.43B
$8.06B
$7.27B
$7.29B
·
$6.93B
$6.93B
$7.00B
·
$6.83B
Long-term Debt
$8.08B
$8.08B
$7.20B
$7.20B
$6.89B
$6.89B
$7.74B
$7.41B
$6.63B
$6.63B
·
$6.25B
$6.25B
$6.29B
·
$6.13B
Common Stock
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
·
$3M
$3M
$3M
·
$3M
Retained Earnings
$-1.99B
$-1.98B
$-1.99B
$-2.04B
$-2.06B
$-1.99B
$-1.94B
$-1.95B
$-1.93B
$-1.93B
·
$-1.91B
$-1.90B
$-1.87B
·
$-1.81B
AOCI
$858.0K
$881.0K
$904.0K
$927.0K
$837.0K
·
$0
·
·
·
·
·
·
·
·
·
Stockholders' Equity
$4.98B
$4.63B
$4.63B
$4.58B
$4.55B
$4.22B
$4.27B
$4.25B
$4.13B
$4.13B
·
$3.96B
$3.75B
$3.77B
$4.12B
$3.61B
Liabilities + Equity
$14.16B
$13.77B
$12.91B
$12.79B
$12.49B
$12.13B
$13.08B
$12.68B
$11.78B
$11.78B
·
$11.24B
$11.03B
$11.12B
·
$10.78B
Shares Outstanding
290,919,328
283,221,841
283,037,310
283,008,342
283,007,539
274,832,999
274,422,549
274,391,553
271,500,584
271,500,584
·
267,015,730
262,640,178
262,355,725
·
257,516,925
Cash Flow15
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
$71M
$69M
$68M
$72M
$74M
$69M
$68M
$68M
$69M
$69M
$69M
$70M
$69M
$69M
$63M
$63M
Stock-based Comp
$5M
$8M
$5M
$2M
$6M
$9M
$5M
$5M
$5M
$8M
$5M
$5M
$5M
$8M
$4M
$4M
Deferred Tax
·
·
·
·
·
·
·
·
·
·
·
·
·
·
$0
$0
Other Non-cash
·
$-39M
·
·
·
$9M
·
·
·
$7M
·
·
·
$-19M
·
·
Operating Cash Flow
$350M
$270M
$343M
$240M
$293M
$252M
$292M
$270M
$252M
$258M
$263M
$253M
$252M
$241M
$221M
$241M
CapEx
·
$111M
·
·
$21M
$13M
·
$9M
$7M
$13.0K
·
$13M
$17M
$10M
·
$6M
Investing Cash Flow
$-409M
$-854M
$-642M
$-167M
$-34M
$534M
$-429M
$-572M
$-156M
$-448M
$-16M
$-189M
$-24M
$-422M
$-8M
$-58M
Debt Issued
$0
$2.16B
$0
$1.29B
$0
$0
$332M
$1.19B
$0
$0
$393M
$10M
$15M
$660M
$0
$0
Net Debt Issued
·
$877M
·
·
·
$-850M
·
·
·
$-64M
·
·
·
$160M
·
·
Dividends Paid
$239M
$221M
$221M
$221M
$221M
$209M
$209M
$209M
$207M
$207M
$198M
$192M
$189M
$255M
$184M
$182M
Financing Cash Flow
$104M
$634M
$-228M
$74M
$176M
$-1.08B
$105M
$702M
$-213M
$-282M
$355M
$8M
$-226M
$-51M
$-33M
$-130M
Net Change in Cash
$44M
$50M
·
·
$435M
$-294M
$-32M
$400M
$-117M
$-472M
$603M
$72M
$3M
$-232M
$180M
$53M
Taxes Paid
$2M
·
$230.0K
$215.0K
$2M
·
$536.0K
$590.0K
$2M
·
$418.0K
$448.0K
$1M
·
$15M
$-977.0K
Free Cash Flow
·
$159M
·
·
·
$240M
·
·
·
$258M
·
·
·
$231M
·
·
Levered FCF
·
·
·
·
·
·
·
·
·
$171M
·
·
·
$150M
·
·
Profitability7
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
77.2%
79.4%
·
84.8%
61.3%
65.5%
·
70.4%
77.1%
68.5%
·
74.6%
66.8%
75.1%
·
95.1%
Net Margin
53.1%
55.2%
·
60.7%
38.4%
41.8%
·
47.9%
54.7%
46.4%
·
51.2%
43.6%
51.6%
·
65.9%
Pretax Margin
54.7%
57.1%
·
62.6%
39.7%
43.2%
·
49.5%
56.4%
47.9%
·
52.8%
44.9%
53.3%
·
72.3%
EBITDA Margin
77.2%
95.9%
·
84.8%
61.3%
83.0%
·
70.4%
77.1%
86.8%
·
74.6%
66.8%
94.5%
·
95.1%
ROA
1.7%
1.8%
·
1.9%
1.2%
1.4%
·
1.5%
1.8%
1.5%
·
1.7%
1.4%
1.7%
·
2.2%
ROE
4.8%
5.2%
·
5.5%
3.5%
4.0%
·
4.5%
5.3%
4.4%
·
4.9%
4.5%
5.3%
·
6.8%
ROIC
6.7%
7.2%
·
7.3%
5.3%
6.1%
·
6.4%
7.1%
6.2%
·
6.8%
6.3%
7.1%
·
8.2%
Liquidity & Solvency1
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
Interest Coverage
·
·
·
·
·
·
·
2.8
3.4
3.0
·
3.4
3.0
3.3
·
4.1
Efficiency1
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
0.0
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.0
Per Share6
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
Book Value / Share
$17.13
$16.36
·
$16.17
$16.09
$15.34
·
$15.51
$15.23
$15.20
·
$14.83
$14.28
$14.35
·
$14.01
Revenue / Share
$1.51
$1.48
·
$1.40
$1.42
$1.44
·
$1.40
$1.40
$1.38
·
$1.36
$1.35
$1.35
·
$1.30
Cash Flow / Share
·
$0.95
·
·
·
$0.92
·
·
·
$0.95
·
·
·
$0.92
·
·
Dividend / Share
$0.82
$0.78
·
$0.78
$0.78
$0.76
$0.76
$0.76
$0.76
$0.76
$0.73
$0.73
$0.72
$0.72
·
·
Dividend Paid / Share
·
$0.78
$0.78
·
$0.78
$0.76
$0.76
·
$0.76
$0.76
$0.73
$0.73
$0.72
$0.97
$0.70
$0.70
EPS (TTM)
$3.43
$3.17
·
$2.78
$2.60
$2.83
·
$2.86
$2.89
$2.71
·
$2.75
$2.90
$2.92
·
$2.44
Valuation (TTM)12
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
$1.66B
$1.62B
·
·
·
·
·
·
·
·
·
·
·
·
·
$1.27B
Net Income TTM
$969M
$892M
·
$775M
$719M
$775M
·
$779M
$778M
$725M
·
$717M
$753M
$749M
·
$610M
Market Cap
$12.95B
$12.57B
·
$13.19B
$13.21B
$13.99B
·
$14.12B
$12.27B
$12.51B
·
$12.16B
$12.73B
$13.66B
·
$11.39B
P/E
13.0
14.0
·
16.8
18.0
18.0
·
18.0
15.6
17.0
·
16.6
16.7
17.8
·
18.1
P/S
7.8
7.8
·
·
·
·
·
·
·
·
·
·
·
·
·
8.9
P/B
2.6
2.7
·
2.9
2.9
3.3
·
3.3
3.0
3.0
·
3.1
3.4
3.6
·
3.2
P / Tangible Book
2.6
2.7
·
2.9
2.9
3.3
·
3.3
3.0
3.0
·
3.1
3.4
3.6
·
3.2
P / Cash Flow
·
46.5
·
·
·
55.4
·
·
·
48.5
·
·
·
56.6
·
·
Dividend Yield
7.0%
7.0%
·
6.5%
6.4%
6.0%
·
5.8%
6.5%
6.3%
·
6.8%
6.4%
5.8%
·
6.6%
Earnings Yield
7.7%
7.1%
·
6.0%
5.6%
5.6%
·
5.6%
6.4%
5.9%
·
6.0%
6.0%
5.6%
·
5.5%
Payout Ratio
·
95.4%
·
·
·
126.6%
·
·
·
118.4%
·
·
·
139.0%
·
·
Annual Payout
$902M
$884M
·
$860M
$848M
$833M
·
$820M
$803M
$786M
·
$820M
$810M
$795M
·
$753M
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$1.59B
$1.53B
$1.44B
$1.31B
$1.22B
Operating Margin %
75.3%
73.8%
74.2%
78.5%
69.2%
Net Income
$825M
$785M
$734M
$685M
$534M
Diluted EPS
$2.95
$2.87
$2.77
$2.70
$2.26
No data for this statement
Not enough fundamentals data to build this statement yet.
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
·
·
·
·
$790M
Institutional owners (13F)
664 filers
· $13.5B total
· As of Sept. 30, 2026
17
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.
Holders664
Value held$13.5B
New positions81
Exited positions46
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
81 (-8 vs prior Q)
46 (-5 vs prior Q)
252 (-12 vs prior Q)
191 (+16 vs prior Q)
+4.0M
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.
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
FIG LLC (2), Fortress Fund V GP L.P. (2), Fortress Fund V GP Holdings Ltd. (2), Fortress Operating Entity I LP (2), FIG Corp. (2), Fortress Investment Group LLC (2), Wesley R. Edens (2), Fortress GLPI VoteCo LLC (2), Randal A. Nardone (2)
FIG LLC, Fortress Fund V GP L.P., Fortress Fund V GP Holdings Ltd., Fortress Operating Entity I LP, FIG Corp., Fortress Investment Group LLC, Wesley R. Edens, Fortress GLPI VoteCo LLC, Randal A. Nardone
×3 filings
FIF V PFD LLC, FIG LLC, Fortress Investment Fund V (Fund A) L.P., Fortress Investment Fund V (Fund B) L.P., Fortress Investment Fund V (Fund C) L.P., Fortress Investment Fund V (Fund D) L.P., Fortress Investment Fund V (Fund E) L.P., Fortress Investment Fund V (Fund F) L.P., Fortress Investment Fund V (Coinvestment Fund A) L.P., Fortress Investment Fund V (Coinvestment Fund B) L.P., Fortress Investment Fund V (Coinvestment Fund C) L.P., Fortress Investment Fund V (Coinvestment Fund D) L.P., Fortress Investment Fund V (Coinvestment Fund F) L.P., Fortress Fund V GP L.P., Fortress Fund V GP (BCF) L.P., Fortress Fund V GP Holdings Ltd., Fortress Fund V GP (BCF) Holdings Ltd., Fortress Operating Entity I LP, Principal Holdings I LP, FIG Corp., FIG Asset Co. LLC, Fortress Investment Group LLC, Wesley R. Edens
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.
Company insiders
19 insiders
· 7 officers · 12 directors