Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise6.3%
Next ReportOct 22, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Jul 23, 2026
$0.58
$0.51
14.1%
March 31, 2026
$0.48
$0.46
3.8%
Dec. 31, 2025
$0.46
$0.43
5.8%
Sept. 30, 2025
$0.46
$0.48
-4.7%
June 30, 2025
$0.47
$0.39
20.2%
March 31, 2025
$0.42
$0.42
-1.2%
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
$2.53B
$2.31B
$2.30B
$1.92B
$1.73B
$1.69B
$1.86B
$1.83B
$1.79B
$1.68B
$1.54B
$1.38B
Cost of Revenue
$1.67B
$1.54B
$1.54B
$1.31B
$1.11B
$1.08B
$1.17B
$1.14B
$1.10B
$1.01B
$940M
$837M
Gross Profit
$867M
$771M
$763M
$610M
$620M
$605M
$688M
$690M
$695M
$668M
$604M
$539M
R&D Expense
$203M
$181M
$154M
$133M
$118M
$116M
$115M
$107M
$100M
$94M
$88M
$84M
SG&A Expense
$178M
$121M
$113M
$106M
$92M
$90M
$85M
$75M
$71M
$62M
$57M
$56M
Operating Expenses
$393M
$311M
$267M
$240M
$210M
$206M
$200M
$182M
$171M
$157M
$145M
$140M
Operating Income
$474M
$460M
$496M
$370M
$410M
$400M
$489M
$508M
$523M
$512M
$459M
$399M
Other Non-op
$-12M
$-915.7K
$-4M
$-5M
$3M
$5M
$647.0K
$3M
$-1M
$-6M
$-165.8K
$10M
Pretax Income
$461M
$472M
$505M
$370M
$416M
$412M
$500M
$522M
$532M
$511M
$464M
$415M
Income Tax
$76M
$68M
$77M
$51M
$56M
$64M
$76M
$84M
$125M
$163M
$145M
$127M
Net Income
$385M
$404M
$428M
$319M
$361M
$348M
$425M
$438M
$407M
$348M
$318M
$289M
EPS (Basic)
$1.74
$1.77
$1.84
$1.36
$1.51
$1.41
$1.67
$1.64
$1.42
$1.21
$1.09
$0.99
EPS (Diluted)
$1.74
$1.76
$1.84
$1.36
$1.50
$1.41
$1.66
$1.62
$1.41
$1.19
$1.08
$0.98
Shares (Basic)
217,834,174
225,710,698
229,405,479
230,825,293
235,526,911
242,599,923
251,766,382
267,794,786
285,864,997
288,433,772
293,096,212
290,952,123
Shares (Diluted)
217,848,653
226,023,482
229,720,198
231,219,489
236,604,014
243,681,992
253,272,990
269,877,349
288,226,089
291,072,316
296,237,899
294,299,359
EBITDA
$578M
$554M
$589M
$467M
$509M
$504M
$593M
$610M
$623M
$600M
$539M
$476M
Balance Sheet28
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Cash & Equivalents
$146M
$233M
$226M
$215M
$262M
$423M
$296M
$217M
$570M
$546M
$552M
$497M
Short-term Investments
$5M
$22M
$14M
$23M
$5M
$27M
$140M
$169M
$153M
$177M
$5M
$0
Receivables
$369M
$295M
$322M
$276M
$250M
$285M
$235M
$214M
$231M
$212M
$196M
$168M
Inventory
$516M
$436M
$402M
$404M
$316M
$226M
$249M
$225M
$217M
$189M
$175M
$142M
Prepaid Expense
$93M
$50M
$33M
$26M
$39M
$18M
$29M
$26M
$14M
$31M
$57M
$49M
Current Assets
$1.13B
$1.04B
$998M
$949M
$873M
$979M
$950M
$851M
$1.18B
$1.15B
$984M
$857M
PP&E (Net)
$791M
$728M
$653M
$550M
$464M
$468M
$498M
$498M
$492M
$466M
$413M
$373M
PP&E (Gross)
$1.91B
$1.77B
$1.64B
$1.48B
$1.32B
$1.26B
$1.23B
$1.20B
$1.14B
$1.05B
$934M
$842M
Accum. Depreciation
$1.12B
$1.05B
$989M
$928M
$860M
$789M
$729M
$699M
$652M
$581M
$521M
$469M
Goodwill
$357M
$341M
$340M
$314M
$314M
$312M
$307M
$307M
$307M
$307M
$307M
$307M
Intangibles
$189M
$195M
$214M
$219M
$239M
$250M
$250M
$270M
$289M
$308M
$328M
$347M
Other Non-current Assets
$1.01B
$995M
$961M
$829M
$794M
$750M
$720M
$736M
$675M
$689M
$752M
$793M
Total Assets
$2.93B
$2.76B
$2.61B
$2.33B
$2.13B
$2.20B
$2.17B
$2.09B
$2.35B
$2.31B
$2.15B
$2.02B
Accounts Payable
$249M
$168M
$184M
$152M
$98M
$85M
$98M
$93M
$90M
$80M
$66M
$71M
Accrued Liabilities
$135M
$84M
$87M
$99M
$83M
$93M
$74M
$76M
$76M
$70M
$65M
$62M
Short-term Debt
$4M
$0
·
·
·
·
·
·
·
·
·
·
Current Liabilities
$388M
$253M
$272M
$251M
$182M
$178M
$172M
$169M
$244M
$150M
$131M
$133M
Deferred Tax
$908.9K
$0
·
·
$0
$39M
$51M
$55M
$59M
$98M
$47M
$60M
Other Non-current Liabilities
$49M
$36M
$27M
$11M
$12M
$17M
$7M
$0
·
·
·
·
Total Liabilities
$438M
$289M
$299M
$261M
$193M
$234M
$231M
$224M
$303M
$399M
$426M
$451M
Long-term Debt
·
·
·
·
·
·
·
·
$0
$178M
$226M
$258M
Total Debt
$4M
·
·
·
·
·
·
$0
$78M
$8M
$8M
$8M
Common Stock
$13M
$14M
$14M
$14M
$14M
$15M
$15M
$16M
$17M
$17M
$17M
$18M
Retained Earnings
$1.47B
$1.45B
$1.34B
$1.15B
$1.04B
$1.09B
$1.12B
$1.10B
$1.30B
$1.21B
$1.11B
$989M
AOCI
$267.8K
$-6M
$-7M
$-14M
$2M
$7M
$-1M
$-2M
$7M
$-1M
$-1M
$11M
Stockholders' Equity
$2.49B
$2.47B
$2.31B
$2.07B
$1.94B
$1.96B
$1.94B
$1.86B
$2.05B
$1.91B
$1.72B
$1.57B
Liabilities + Equity
$2.93B
$2.76B
$2.61B
$2.33B
$2.13B
$2.20B
$2.17B
$2.09B
$2.35B
$2.31B
$2.15B
$2.02B
Shares Outstanding
215,445,024
227,207,472
231,455,443
234,169,335
236,440,840
243,692,869
251,277,515
259,328,613
280,281,321
287,737,516
291,338,011
295,247,958
Cash Flow18
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
D&A
$104M
$95M
$93M
$97M
$99M
$105M
$105M
$102M
$100M
$89M
$81M
$77M
Stock-based Comp
$37M
$40M
$39M
$30M
$27M
$31M
$22M
$18M
$18M
$19M
$21M
$21M
Deferred Tax
$-18M
$-12M
$-18M
$-18M
$-42M
$-15M
$-3M
$-4M
$-15M
$22M
$13M
$15M
Amort. of Intangibles
·
$18M
$20M
$22M
$22M
$22M
$22M
$22M
$22M
$22M
$22M
$22M
Other Non-cash
$80M
$-28M
$-6M
$-90M
$-83M
$-3M
$-42M
$-2M
$-9M
$-6M
$-82M
$-75M
Operating Cash Flow
$587M
$498M
$537M
$338M
$362M
$464M
$506M
$552M
$501M
$477M
$354M
$327M
CapEx
$129M
$145M
$184M
$146M
$69M
$52M
$85M
$86M
$104M
$121M
$98M
$73M
Investing Cash Flow
$-267M
$-202M
$-299M
$-173M
$-113M
$26M
$-57M
$-186M
$-78M
$-251M
$-90M
$-80M
Debt Issued
·
·
·
$0
$0
$75M
$0
$0
·
·
·
·
Net Debt Issued
·
·
·
$0
$0
$0
$0
$-78M
$-108M
$-48M
$-32M
$-8M
Stock Issued
$14M
$27M
$29M
$17M
$30M
$42M
$78M
$67M
$48M
$81M
$30M
$60M
Stock Repurchased
$315M
$206M
$147M
$113M
$325M
$288M
$331M
$592M
$231M
$163M
$111M
$30M
Net Stock Activity
$-301M
$-179M
$-118M
$-96M
$-295M
$-247M
$-254M
$-525M
$-184M
$-82M
$-81M
$30M
Dividends Paid
$107M
$110M
$112M
$113M
$115M
$117M
$116M
$117M
$109M
$101M
$97M
$88M
Financing Cash Flow
$-408M
$-289M
$-230M
$-209M
$-410M
$-364M
$-370M
$-719M
$-400M
$-231M
$-211M
$-60M
Net Change in Cash
$-88M
$7M
$8M
$-44M
$-161M
$127M
$79M
$-353M
$23M
$-5M
$54M
$188M
Taxes Paid
$79M
$86M
$110M
·
·
·
·
·
·
·
·
·
Free Cash Flow
$458M
$354M
$354M
$192M
$293M
$413M
$421M
$466M
$397M
$351M
$254M
$255M
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Gross Margin
34.2%
33.3%
33.2%
31.8%
35.8%
35.9%
37.0%
37.6%
38.7%
39.8%
39.1%
39.2%
Operating Margin
18.7%
19.9%
21.6%
19.3%
23.7%
23.7%
26.3%
27.7%
29.2%
30.5%
29.7%
29.0%
Net Margin
15.2%
17.5%
18.6%
16.6%
20.8%
20.6%
22.9%
23.9%
22.7%
20.7%
20.6%
21.0%
Pretax Margin
18.2%
20.4%
22.0%
19.3%
24.1%
24.4%
26.9%
28.5%
29.6%
30.4%
30.0%
30.2%
EBITDA Margin
22.8%
24.0%
25.6%
24.3%
29.4%
29.9%
31.9%
33.3%
34.7%
35.8%
34.9%
34.6%
ROA
13.5%
14.8%
17.3%
14.3%
16.7%
15.9%
20.0%
19.7%
17.4%
15.6%
15.3%
15.2%
ROE
15.5%
16.6%
18.7%
15.6%
18.9%
18.0%
22.0%
23.6%
20.5%
19.1%
19.3%
19.9%
ROIC
15.9%
16.0%
18.2%
15.4%
18.3%
17.2%
21.4%
22.9%
18.8%
18.2%
18.2%
17.5%
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Current Ratio
2.9
4.1
3.7
3.8
4.8
5.5
5.5
5.0
4.9
7.7
7.5
6.4
Quick Ratio
1.3
2.2
2.1
2.1
2.8
4.1
3.9
3.5
3.9
6.2
5.7
5.0
Debt / Equity
0.0
·
·
·
·
·
·
0.0
0.0
0.0
0.0
0.0
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Asset Turnover
0.9
0.8
0.9
0.9
0.8
0.8
0.9
0.8
0.8
0.8
0.7
0.7
Inventory Turnover
3.5
3.7
3.8
3.6
4.1
4.6
4.9
5.2
5.4
5.6
5.9
6.4
Receivables Turnover
7.6
7.5
7.7
7.3
6.5
6.5
8.3
8.2
8.1
8.2
8.5
8.8
Per Share6
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Book Value / Share
$11.55
$10.86
$9.99
$8.82
$8.20
$8.06
$7.71
$7.18
$7.31
$6.64
$5.91
$5.32
Revenue / Share
$11.63
$10.23
$10.01
$8.30
$7.32
$6.93
$7.34
$6.80
$6.23
$5.77
$5.21
$4.67
Cash Flow / Share
$2.70
$2.20
$2.34
$1.46
$1.53
$1.91
$2.00
$2.05
$1.74
$1.62
$1.19
$1.11
Cash / Share
$0.68
$1.03
$0.98
$0.92
$1.11
$1.74
$1.18
$0.84
$2.03
$1.90
$1.89
$1.68
Dividend / Share
$0.48
$0.48
$0.48
$0.48
$0.48
$0.48
$0.46
$0.44
$0.39
$0.35
$0.34
$0.31
EPS (TTM)
$1.74
$1.76
$1.84
$1.36
$1.50
$1.41
$1.66
$1.62
$1.41
$1.19
$1.08
$0.98
Growth Rates10
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue YoY
9.6%
0.61%
19.8%
10.8%
2.5%
·
·
·
·
·
·
·
Revenue CAGR 3Y
9.7%
10.2%
10.8%
·
·
·
·
·
·
·
·
·
Revenue CAGR 5Y
8.5%
·
·
·
·
·
·
·
·
·
·
·
EPS YoY
-1.1%
-4.3%
35.3%
-9.3%
6.4%
·
·
·
·
·
·
·
EPS CAGR 3Y
8.6%
5.5%
9.3%
·
·
·
·
·
·
·
·
·
EPS CAGR 5Y
4.3%
·
·
·
·
·
·
·
·
·
·
·
Net Income YoY
-4.9%
-5.6%
34.4%
-11.7%
3.8%
·
·
·
·
·
·
·
Net Income CAGR 3Y
6.5%
3.9%
7.2%
·
·
·
·
·
·
·
·
·
Net Income CAGR 5Y
2.1%
·
·
·
·
·
·
·
·
·
·
·
Dividends Paid CAGR 5Y
-1.8%
·
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)17
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue TTM
$2.53B
$2.31B
$2.30B
$1.92B
$1.73B
$1.69B
$1.86B
$1.83B
$1.79B
$1.68B
$1.54B
$1.38B
Net Income TTM
$385M
$404M
$428M
$319M
$361M
$348M
$425M
$438M
$407M
$348M
$318M
$289M
Market Cap
$5.01B
$6.53B
$7.56B
$6.39B
$8.24B
$8.27B
$7.28B
$5.24B
$5.87B
$5.67B
$4.66B
$5.33B
Enterprise Value
$4.87B
·
·
·
·
·
·
$4.85B
$5.23B
$4.95B
$4.12B
$4.84B
P/E
13.4
16.3
17.8
20.1
23.2
24.1
17.5
12.5
14.9
16.5
14.8
18.4
P/S
2.0
2.8
3.3
3.3
4.8
4.9
3.9
2.9
3.3
3.4
3.0
3.9
P/B
2.0
2.6
3.3
3.1
4.3
4.2
3.8
2.8
2.9
3.0
2.7
3.4
P / Tangible Book
2.6
3.4
4.3
4.2
6.0
5.9
·
·
·
·
·
·
P / Cash Flow
8.5
13.1
14.1
18.9
22.8
17.8
14.4
9.5
11.7
12.0
13.3
16.3
P / FCF
10.9
18.5
21.4
33.3
28.1
20.0
17.3
11.2
14.8
16.2
18.4
20.9
EV / EBITDA
8.4
·
·
·
·
·
·
8.0
8.4
8.2
7.6
10.2
EV / FCF
10.6
·
·
·
·
·
·
10.4
13.2
14.1
16.2
19.0
EV / Revenue
1.9
·
·
·
·
·
·
2.6
2.9
2.9
2.7
3.5
Dividend Yield
2.1%
1.7%
1.5%
1.8%
1.4%
1.4%
1.6%
2.2%
1.8%
1.8%
2.1%
1.6%
Earnings Yield
7.5%
6.1%
5.6%
5.0%
4.3%
4.2%
5.7%
8.0%
6.7%
6.0%
6.8%
5.4%
Payout Ratio
27.8%
27.3%
26.2%
35.5%
31.9%
33.7%
27.4%
26.6%
26.8%
29.1%
30.5%
30.4%
Annual Payout
$107M
$110M
$112M
$113M
$115M
$117M
$116M
$117M
$109M
$101M
$97M
$88M
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
$651M
$675M
$644M
$655M
$658M
$577M
$542M
$609M
$573M
$590M
$589M
$576M
$583M
$551M
$494M
$494M
Cost of Revenue
$410M
$447M
$420M
$430M
$433M
$385M
$365M
$404M
$384M
$388M
$386M
$384M
$390M
$376M
$340M
$346M
Gross Profit
$241M
$229M
$225M
$225M
$225M
$192M
$176M
$204M
$189M
$202M
$203M
$191M
$193M
$175M
$154M
$147M
R&D Expense
$49M
$52M
$53M
$53M
$51M
$46M
$47M
$48M
$44M
$42M
$42M
$40M
$38M
$35M
$35M
$34M
SG&A Expense
$50M
$50M
$50M
$50M
$49M
$30M
$31M
$30M
$30M
$31M
$29M
$29M
$28M
$27M
$25M
$27M
Operating Expenses
$100M
$105M
$104M
$103M
$107M
$79M
$86M
$78M
$74M
$73M
$71M
$69M
$66M
$61M
$60M
$60M
Operating Income
$141M
$124M
$120M
$122M
$119M
$113M
$90M
$126M
$115M
$129M
$133M
$122M
$127M
$113M
$94M
$87M
Other Non-op
$1M
$-6M
$-6M
$-2M
$7M
$-4M
$-2M
$744.6K
$-1M
$2M
$-688.6K
$-2M
$-2M
$-194.7K
$-250.8K
$-2M
Pretax Income
$137M
$118M
$111M
$121M
$115M
$114M
$98M
$145M
$101M
$128M
$136M
$124M
$129M
$116M
$95M
$86M
Income Tax
$23M
$20M
$18M
$20M
$20M
$19M
$10M
$23M
$15M
$19M
$19M
$20M
$19M
$18M
$9M
$14M
Net Income
$115M
$98M
$93M
$101M
$96M
$95M
$88M
$123M
$86M
$108M
$117M
$105M
$109M
$98M
$86M
$73M
EPS (Basic)
$0.54
$0.46
$0.43
$0.46
$0.43
$0.42
$0.39
$0.54
$0.37
$0.47
$0.50
$0.45
$0.47
$0.42
$0.37
$0.31
EPS (Diluted)
$0.54
$0.46
$0.43
$0.46
$0.43
$0.42
$0.39
$0.53
$0.37
$0.47
$0.50
$0.45
$0.47
$0.42
$0.37
$0.31
Shares (Basic)
208,580,380
211,453,867
·
215,944,553
219,631,876
223,522,686
·
226,002,347
227,377,169
227,929,048
·
230,047,014
230,005,782
230,605,626
·
231,316,879
Shares (Diluted)
208,585,726
211,455,740
·
215,994,789
219,631,876
223,561,721
·
226,241,684
227,808,929
228,408,138
·
230,457,411
230,228,350
230,895,846
·
231,617,017
EBITDA
$167M
$149M
·
$148M
$146M
$138M
·
$126M
$115M
$153M
·
$122M
$127M
$137M
·
$87M
Balance Sheet28
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
$233M
$165M
$146M
$179M
$120M
$287M
$233M
$180M
$260M
$249M
·
$261M
$238M
$215M
·
$223M
Short-term Investments
$9M
$10M
$5M
$5M
$21M
$21M
$22M
$20M
$16M
$17M
·
$17M
$20M
$26M
·
$16M
Receivables
$386M
$419M
$369M
$385M
$373M
$331M
$295M
$356M
$307M
$342M
·
$351M
$350M
$333M
·
$292M
Inventory
$519M
$524M
$516M
$499M
$476M
$409M
$436M
$449M
$463M
$437M
·
$395M
$390M
$402M
·
$418M
Prepaid Expense
$83M
$90M
$93M
$101M
$72M
$42M
$50M
$40M
$38M
$29M
·
$31M
$27M
$25M
·
$40M
Current Assets
$1.23B
$1.21B
$1.13B
$1.17B
$1.06B
$1.09B
$1.04B
$1.05B
$1.08B
$1.07B
·
$1.06B
$1.03B
$1.01B
·
$989M
PP&E (Net)
$780M
$786M
$791M
$799M
$784M
$735M
$728M
$704M
$679M
$665M
·
$606M
$597M
$575M
·
$527M
PP&E (Gross)
·
·
$1.91B
·
·
·
$1.77B
·
·
·
·
·
·
·
·
·
Accum. Depreciation
·
·
$1.12B
·
·
·
$1.05B
·
·
·
·
·
·
·
·
·
Goodwill
$361M
$361M
$357M
$357M
$341M
$341M
$341M
$340M
$340M
$340M
$340M
$313M
$314M
$314M
·
$314M
Intangibles
$185M
$186M
$189M
$191M
$187M
$191M
$195M
$202M
$206M
$210M
·
$205M
$210M
$215M
·
$224M
Other Non-current Assets
$988M
$1.00B
$1.01B
$971M
$968M
$959M
$995M
$986M
$975M
$976M
·
$897M
$865M
$853M
·
$795M
Total Assets
$3.00B
$3.00B
$2.93B
$2.94B
$2.81B
$2.78B
$2.76B
$2.74B
$2.74B
$2.71B
·
$2.56B
$2.49B
$2.43B
$2.33B
$2.31B
Accounts Payable
$248M
$277M
$249M
$252M
$205M
$163M
$168M
$183M
$206M
$192M
·
$171M
$168M
$167M
·
$171M
Accrued Liabilities
$153M
$164M
·
$138M
$128M
$104M
·
$101M
$99M
$113M
·
$103M
$108M
$130M
·
$94M
Short-term Debt
$4M
$4M
$4M
$4M
$4M
·
$0
·
·
·
·
·
·
·
·
·
Current Liabilities
$405M
$445M
$388M
$394M
$337M
$267M
$253M
$283M
$305M
$304M
·
$274M
$276M
$297M
·
$265M
Capital Leases
$4M
$4M
·
$5M
$6M
$3M
·
$3M
$3M
$4M
·
$2M
$2M
$1M
·
$601.0K
Deferred Tax
$909.6K
$940.1K
$908.9K
$2M
·
·
$0
·
·
·
·
·
·
·
·
·
Other Non-current Liabilities
$52M
$47M
$49M
$45M
$44M
$36M
$36M
$35M
$33M
$32M
·
$15M
$15M
$13M
·
$12M
Total Liabilities
$458M
$492M
$438M
$441M
$381M
$303M
$289M
$318M
$338M
$337M
·
$290M
$291M
$310M
·
$277M
Total Debt
$4M
$4M
·
$4M
$4M
·
·
·
·
·
·
·
·
·
·
·
Common Stock
$13M
$13M
$13M
$13M
$13M
$13M
$14M
$14M
$14M
$14M
·
$14M
$14M
$14M
·
$14M
Retained Earnings
$1.52B
$1.48B
$1.47B
$1.47B
$1.42B
$1.45B
$1.45B
$1.41B
$1.39B
$1.38B
·
$1.31B
$1.25B
$1.19B
·
$1.11B
AOCI
$2M
$1M
·
$-3M
$-3M
$-5M
·
$-3M
$-8M
$-7M
·
$-14M
$-13M
$-12M
·
$3M
Stockholders' Equity
$2.54B
$2.50B
$2.49B
$2.50B
$2.43B
$2.47B
$2.47B
$2.42B
$2.40B
$2.38B
·
$2.27B
$2.20B
$2.12B
·
$2.03B
Liabilities + Equity
$3.00B
$3.00B
$2.93B
$2.94B
$2.81B
$2.78B
$2.76B
$2.74B
$2.74B
$2.71B
·
$2.56B
$2.49B
$2.43B
·
$2.31B
Shares Outstanding
210,708,050
212,979,921
215,445,024
218,951,804
219,520,750
224,817,117
227,207,472
227,443,290
230,229,539
231,198,885
231,455,443
233,259,143
233,429,994
233,726,045
234,169,335
234,597,392
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
$26M
$26M
$25M
$26M
$27M
$26M
$24M
$23M
$24M
$24M
$22M
$22M
$25M
$24M
$23M
$23M
Stock-based Comp
$10M
$10M
$10M
$10M
$7M
$9M
$9M
$10M
$11M
$10M
$10M
$11M
$10M
$9M
$7M
$8M
Deferred Tax
$-3M
$-4M
$-13M
$-238.4K
$-5M
$-927.4K
$-2M
$1M
$-8M
$-4M
$-6M
$-7M
$-5M
$142.0K
$-23M
$-259.0K
Amort. of Intangibles
·
·
·
·
·
·
·
$4M
$4M
$4M
·
$5M
$5M
$5M
$5M
$6M
Other Non-cash
·
$7M
·
·
·
$20M
·
·
·
$-9M
·
·
·
$-9M
·
·
Operating Cash Flow
$185M
$137M
$125M
$147M
$166M
$149M
$154M
$85M
$129M
$130M
$170M
$126M
$121M
$121M
$102M
$47M
CapEx
$19M
$17M
$26M
$36M
$31M
$37M
$42M
$39M
$32M
$32M
$62M
$31M
$47M
$43M
$38M
$50M
Investing Cash Flow
$-23M
$-26M
$-50M
$-36M
$-176M
$-5M
$-55M
$-45M
$-47M
$-55M
$-110M
$-63M
$-54M
$-72M
$-53M
$-56M
Stock Issued
$2M
$2M
$1M
$7M
$1M
$5M
$3M
$4M
$3M
$17M
$5M
$10M
$8M
$6M
$4M
$3M
Stock Repurchased
$69M
$69M
$86M
$30M
$131M
$68M
$21M
$97M
$47M
$41M
$71M
$23M
$29M
$26M
$29M
$13M
Net Stock Activity
·
$-67M
·
·
·
$-63M
·
·
·
$-24M
·
·
·
$-20M
·
·
Dividends Paid
$26M
$26M
$26M
$26M
$27M
$27M
$27M
$28M
$28M
$28M
$28M
$28M
$28M
$28M
$28M
$28M
Financing Cash Flow
$-93M
$-92M
$-112M
$-49M
$-157M
$-90M
$-46M
$-120M
$-71M
$-52M
$-93M
$-40M
$-49M
$-48M
$-53M
$-37M
Net Change in Cash
$69M
$19M
$-36M
$62M
$-167M
$53M
$54M
$-81M
$11M
$23M
$-34M
$23M
$18M
$697.5K
$-4M
$-46M
Free Cash Flow
·
$120M
·
·
·
$112M
·
·
·
$98M
·
·
·
$78M
·
·
Profitability8
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
Gross Margin
37.0%
33.9%
·
34.4%
34.2%
33.2%
·
33.5%
32.9%
34.3%
·
33.2%
33.1%
31.7%
·
29.8%
Operating Margin
21.7%
18.3%
·
18.7%
18.0%
19.6%
·
20.7%
20.1%
21.9%
·
21.3%
21.8%
20.6%
·
17.6%
Net Margin
17.6%
14.6%
·
15.4%
14.6%
16.4%
·
20.1%
15.0%
18.3%
·
18.2%
18.7%
17.7%
·
14.7%
Pretax Margin
21.0%
17.5%
·
18.4%
17.5%
19.7%
·
23.9%
17.7%
21.6%
·
21.6%
22.0%
21.1%
·
17.4%
EBITDA Margin
25.7%
22.1%
·
22.6%
22.2%
24.0%
·
20.7%
20.1%
26.0%
·
21.3%
21.8%
24.9%
·
17.6%
ROA
4.0%
3.4%
·
3.6%
3.5%
3.5%
·
4.6%
3.3%
4.2%
·
4.3%
4.6%
4.2%
·
3.3%
ROE
4.6%
4.0%
·
4.1%
4.0%
3.9%
·
5.2%
3.7%
4.8%
·
4.9%
5.2%
4.8%
·
3.7%
ROIC
4.6%
4.1%
·
4.1%
4.0%
3.8%
·
4.4%
4.1%
4.6%
·
4.5%
4.9%
4.5%
·
3.6%
Liquidity & Solvency3
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
3.0
2.7
·
3.0
3.2
4.1
·
3.7
3.6
3.5
·
3.8
3.7
3.4
·
3.7
Quick Ratio
1.6
1.3
·
1.4
1.5
2.4
·
2.0
1.9
2.0
·
2.3
2.2
1.9
·
2.0
Debt / Equity
0.0
0.0
·
0.0
0.0
·
·
·
·
·
·
·
·
·
·
·
Efficiency3
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
0.2
0.2
·
0.2
0.2
0.2
·
0.2
0.2
0.2
·
0.2
0.2
0.2
·
0.2
Inventory Turnover
0.8
1.0
·
0.9
0.9
0.9
·
1.0
0.9
0.9
·
0.9
1.0
1.0
·
1.0
Receivables Turnover
1.7
1.8
·
1.8
1.9
1.7
·
1.7
1.7
1.8
·
1.8
1.9
1.8
·
1.9
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
$12.05
$11.75
·
$11.40
$11.07
$11.01
·
$10.63
$10.43
$10.28
·
$9.72
$9.41
$9.08
·
$8.67
Revenue / Share
$3.12
$3.19
·
$3.03
$3.00
$2.58
·
$2.69
$2.51
$2.58
·
$2.50
$2.53
$2.39
·
$2.13
Cash Flow / Share
·
$0.65
·
·
·
$0.66
·
·
·
$0.57
·
·
·
$0.52
·
·
Cash / Share
$1.11
$0.77
·
$0.82
$0.55
$1.27
·
$0.79
$1.13
$1.08
·
$1.12
$1.02
$0.92
·
$0.95
Dividend / Share
$0.12
$0.12
$0.12
$0.12
$0.12
$0.12
$0.12
$0.12
$0.12
$0.12
$0.12
$0.12
$0.12
$0.12
$0.12
$0.12
EPS (TTM)
$1.89
$1.78
·
$1.70
$1.77
$1.71
·
$1.87
$1.79
$1.89
·
$1.71
$1.57
$1.41
·
$1.35
Valuation (TTM)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 TTM
$2.63B
$2.63B
·
$2.43B
$2.38B
$2.30B
·
$2.36B
$2.33B
$2.34B
·
$2.20B
$2.12B
$2.00B
·
$1.85B
Net Income TTM
$407M
$388M
·
$380M
$401M
$391M
·
$434M
$416M
$439M
·
$398M
$366M
$329M
·
$317M
Market Cap
$5.32B
$4.65B
·
$6.20B
$4.83B
$5.24B
·
$6.75B
$7.76B
$8.35B
·
$7.59B
$6.83B
$6.55B
·
$5.59B
Enterprise Value
$5.09B
$4.48B
·
$6.02B
$4.69B
·
·
·
·
·
·
·
·
·
·
·
P/E
13.4
12.3
·
16.6
12.4
13.6
·
15.9
18.8
19.1
·
19.0
18.6
19.9
·
17.7
P/S
2.0
1.8
·
2.5
2.0
2.3
·
2.9
3.3
3.6
·
3.4
3.2
3.3
·
3.0
P/B
2.1
1.9
·
2.5
2.0
2.1
·
2.8
3.2
3.5
·
3.3
3.1
3.1
·
2.7
P / Tangible Book
2.7
2.4
·
3.2
2.5
2.7
·
3.6
4.2
4.6
·
4.3
4.1
4.1
·
3.7
P / Cash Flow
·
33.9
·
·
·
35.3
·
·
·
64.3
·
·
·
54.2
·
·
EV / Revenue
1.9
1.7
·
2.5
2.0
·
·
·
·
·
·
·
·
·
·
·
Dividend Yield
1.9%
2.3%
·
1.7%
2.3%
2.1%
·
1.7%
1.4%
1.3%
·
1.5%
1.7%
1.7%
·
2.0%
Earnings Yield
7.5%
8.2%
·
6.0%
8.1%
7.3%
·
6.3%
5.3%
5.2%
·
5.3%
5.4%
5.0%
·
5.7%
Payout Ratio
·
26.3%
·
·
·
28.7%
·
·
·
25.7%
·
·
·
28.8%
·
·
Annual Payout
$104M
$105M
·
$108M
$109M
$110M
·
$111M
$112M
$112M
·
$112M
$113M
$113M
·
$113M
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
2024-03-31
2023-12-31
2022-12-31
Revenue
$2.53B
$2.31B
·
$2.30B
$1.92B
Gross Margin %
34.2%
33.3%
·
33.2%
31.8%
Operating Margin %
18.7%
19.9%
·
21.6%
19.3%
Net Income
$385M
$404M
·
$428M
$319M
Diluted EPS
$1.74
$1.76
·
$1.84
$1.36
Metric
2025-12-31
2024-12-31
2024-03-31
2023-12-31
2022-12-31
Debt / Equity
0.0
·
·
·
·
Current Ratio
2.9
4.1
·
3.7
3.8
Quick Ratio
1.3
2.2
·
2.1
2.1
Metric
2025-12-31
2024-12-31
2024-03-31
2023-12-31
2022-12-31
Free Cash Flow
$458M
$354M
·
$354M
$192M
Institutional owners (13F)
566 filers
· $5.9B 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.
Holders566
Value held$5.9B
New positions78
Exited positions44
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
78 (0 vs prior Q)
44 (-33 vs prior Q)
205 (+9 vs prior Q)
164 (+4 vs prior Q)
+8.7M
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.
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
38 insiders
· 14 officers · 21 directors