OakChart

EPAM Systems Inc

EPAMTechnology·Information Technology Services·USA·Mid·NYSE·Nov 13 • 7:11 AM ET

163.65-0.18 (-0.11%)
2026-11-13 13:15 CET
Market cap
$8.35B
Revenue, TTM
5,648.81 USD m
Net income, TTM
425.17 USD m
Free cash flow, TTM
470.41 USD m
EPS diluted, TTM
8.00
Price / earnings
20.45
Compare

Price

EPAM against its 20, 50 and 200-day averages
Terms2050200Beat
Patternshover a marker to name it
RS 25Sales 1,415Price1,4151,42175.00100.00125.00150.008.4M16.7MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26EPAMclose 163.6520-day 145.2550-day 126.36200-day 118.97163.6552w low 73.0652-week range, not 6 months

26.5% under the 52-week high of 222.53 on 15 Jan 2026. 52-week low 73.06 on 22 Jun 2026. Last 15 sessions, 28.6% high to low

Volume 0.00× normal · the line is the 50-bar volume average

Setup. RS line 25
CANSLIM 3 of 6 — fails: EPS Growth This Year: High (>25%); 52-Week High/Low: 0-10% below High; Performance: Year +50%
VCP 3 of 6 — fails: 52-Week High/Low: 0-10% below High; Average True Range: Under 2; RSI (14): Not Overbought (<60)
Minervini 2 of 4 — fails: 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 3 of 5 — fails: Performance: Week +10%; Relative Volume: Over 1.5
Leaders 3 of 5 — fails: Performance: Year +50%; 52-Week High/Low: 0-10% below High
Breakout 2 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2
Growth 1 of 4 — fails: EPS Growth This Year: High (>25%); EPS Growth Next Year: High (>25%); Return on Equity: Over +15%
Quality 3 of 5 — fails: Return on Equity: Over +15%; Net Profit Margin: High (>20%)
Value 1 of 4 — fails: P/E: Under 15; P/B: Under 2; Return on Equity: Over +15%
Income 2 of 4 — fails: Dividend Growth: Growing 2+ Years — not on the tape: Dividend Yield: Over 2%
Small Cap 3 of 4 — fails: Performance: Year +50%
Accumulation 2 of 4 — fails: Institutional Transactions: Over +10%; Performance: Year Up
Relative Strength 2 of 3 — fails: Performance: Year +100%

Profile

EPAM
52-week range, 61% of the way up
73.06222.53

EPAM Systems, Inc. engages in the provision of digital engineering, cloud, and artificial intelligence-enabled transformation services. The firm combines software engineering with customer experience design, business consulting, strategy, and technology innovation services in areas such as cloud platforms, cybersecurity, and artificial intelligence. It operates through the North America and Europe geographical segments. The company was founded by Leonid Lozner and Arkadiy Dobkin in 1993 and is headquartered in Newtown, PA.

IndexRUI
Employees62850
IPOFeb 08, 2012
Beta1.25
ATR, 14d7.22
Rel volume0.00
Short float13.08%
Insider own3.51%
Inst own116.93%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap$8.35B
Enterprise Value7.53B
Income425.17M
Sales5.65B
Book / share70.64
Cash / share18.93
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout0.00%
Employees62850
IPOFeb 08, 2012

Ratios

Price / earnings20.45
Forward price / earnings11.34
Price / earnings / growth1.01
Price / sales1.48
Price / book2.32
Price / cash8.64
Price / free cash flow17.75
Value / cash profit9.89
Value / sales1.33
Quick Ratio2.76
Current Ratio2.76
Debt / equity0.04
Long-term debt / equity0.03
Options and shortYes / Yes

Earnings

Earnings / share8.00
Earnings next year14.42
Earnings next quarter3.54
Earnings this year15.51%
Earnings next year8.59%
Earnings growth, 5 years11.27%
Past earnings growth-1.78% 3.71%
Past sales growth4.19% 15.46%
Earnings vs last year21.72%
Sales vs last year6.62%
Earnings vs last quarter32.30%
Sales vs last quarter2.30%
EarningsNov 05 BMO
Surprise3.06% 0.50%

Ownership

Insiders own3.51%
Insider trades-0.18%
Institutions own116.93%
Institution trades1.10%
Return on assets8.93%
Return on equity11.62%
Return on capital11.48%
Gross Margin27.58%
Operating margin10.49%
Profit Margin7.53%
20-day average12.67%
50-day average29.52%
200-day average37.55%

Technical

Shares out50.88M
Shares floating49.23M
Short / float13.08%
Short ratio5.28
Short interest6.44M
52-week high222.53 -26.5%
52-week low73.06 +124.0%
Volatility4.37% 4.82%
Average range7.22
Strength index70.58
Market sensitivity1.25
Relative volume0.00
Avg Volume1.22M
Volume99

Performance

Perf Week2.72%
Perf Month33.85%
Perf Quarter65.76%
Perf Half Y75.93%
Perf YTD-20.12%
Perf Year-9.32%
Perf 3Y-30.27%
Perf 5Y-75.62%
Perf 10Y160.88%
Recommendation2.23
Target Price175.06
Prev Close163.83
Price163.65
Change %-0.11%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Aug 26, 2026DowngradeJP MorganOverweight → Neutral$120-26.7%
Aug 06, 2026DowngradeWilliam BlairOutperform → Mkt Perform
Jun 15, 2026InitiatedWedbushNeutral$99-39.5%
May 29, 2026DowngradeJefferiesBuy → Hold$110-32.8%
May 08, 2026DowngradeGoldmanBuy → Neutral$110-32.8%
Jan 06, 2026InitiatedTruistHold$220+34.4%
Oct 23, 2025InitiatedCitigroupNeutral$170+3.9%
Oct 22, 2025InitiatedWells FargoOverweight$185+13.0%
Aug 18, 2025UpgradeTD CowenHold → Buy$205+25.3%
Jul 17, 2025ResumedDeutsche BankHold

Peers

Mkt cap
TickerCompanyMkt cap
GLOBGlobant SA1.98B
CTSHCognizant Technology Solutions Corp28.18B
GDYNGrid Dynamics Holdings Inc1.08B
INFYInfosys Ltd ADR49.88B
WITWipro Ltd ADR20.88B
ACNAccenture plc147.78B
EXLSExlService Holdings Inc6.48B
GGenpact Ltd7.21B
DAVAEndava plc ADR64.84M
CINTCI&T Inc395.49M

Insider trading

10 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Solomon Lawrence FSVP/Chief People OfficerNov 12 '26Option Exercise112.623,299371,53333,689Nov 12 04:16 PM
Solomon Lawrence FSVP/Chief People OfficerNov 12 '26Sale160.143,299528,30230,390Nov 12 04:16 PM
Lawrence SolomonOfficerNov 12 '26Proposed Sale160.0010,0201,603,200Nov 12 12:33 PM
Dobkin ArkadiyExecutive ChairmanMar 25 '26Option Exercise70.5241,0262,893,1541,363,847Mar 26 06:29 PM
Shnayder BorisSVP/Co-Head of Global BusinessDec 10 '25Option Exercise70.525,000352,60020,645Dec 11 04:52 PM
Shnayder BorisSVP/Co-Head of Global BusinessDec 10 '25Sale207.005,0001,035,00015,645Dec 11 04:52 PM
Boris ShnayderOfficerDec 10 '25Proposed Sale207.005,0001,035,000Dec 10 12:37 PM
Sergey YezhkovFormer OfficerNov 21 '25Proposed Sale180.0031,1345,604,120Nov 21 02:25 PM
Abrahams Gary CVP, Corporate Controller, PAONov 17 '25Sale179.29600107,5742,720Nov 17 04:37 PM
Gary AbrahamsOfficerNov 17 '25Proposed Sale182.00600109,200Nov 17 03:59 PM

Held by

AUM
TickerCompanyAUM
IJRiShares Core S&P Small-Cap ETFAUM: 107.13B
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
VBVanguard Morningstar Small-Cap ETFAUM: 80.23B
VGTVanguard Information Technology ETFAUM: 142.20B
AVUVAvantis U.S. Small Cap Value ETFAUM: 33.08B
DFSVUS Small Cap Value Portfolio ETF Class SharesAUM: 8.56B
CGGOCapital Group Global Growth Equity ETFAUM: 12.06B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.88B
SPSMState Street SPDR Portfolio S&P 600TM Small Cap ETFAUM: 16.19B
IJSiShares S&P Small-Cap 600 Value ETFAUM: 7.79B

News

latest 14 of 200

Quarterly earnings

2026Q3 EPS 3.510 beat 3.406, from 3.080 a year earlier. Sales 1,426 beat 1,419, from 1,394 a year earlier
EPS
3.51002024Q4 EPS 2.840 against 2.75524Q42025Q1 EPS 2.410 against 2.27125Q12025Q2 EPS 2.770 against 2.61225Q22025Q3 EPS 3.080 against 3.02725Q32025Q4 EPS 3.260 against 3.15825Q42026Q1 EPS 2.860 against 2.75426Q12026Q2 EPS 3.380 against 3.15626Q22026Q3 EPS 3.510 against 3.40626Q3
Sales, USD millions
1,42602024Q4 sales 1,248 against 1,21324Q42025Q1 sales 1,302 against 1,28225Q12025Q2 sales 1,353 against 1,33425Q22025Q3 sales 1,394 against 1,37625Q32025Q4 sales 1,408 against 1,39125Q42026Q1 sales 1,400 against 1,39426Q12026Q2 sales 1,415 against 1,40826Q22026Q3 sales 1,426 against 1,41926Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-11-05 08:303.5103.4062.5301,4261,419EPS +3.1% · sales +0.5%vs 2025Q3, year-ago quarter · EPS +14.0% · sales +2.3%17 EPS · 16 salesOpen +13.72% vs SPY -0.17%. Close +20.63% vs SPY -4.41%
2026Q2ended 2026-06-302026-08-06 08:303.3803.1561.9701,4151,408EPS +7.1% · sales +0.5%vs 2025Q2, year-ago quarter · EPS +22.0% · sales +4.5%17 EPS · 16 salesOpen -20.50% vs SPY +0.05%. Close -15.29% vs SPY -0.16%
2026Q1ended 2026-03-312026-05-07 08:302.8602.7541.5231,4001,394EPS +3.9% · sales +0.4%vs 2025Q1, year-ago quarter · EPS +18.7% · sales +7.6%16 EPS · 15 salesOpen -3.71% vs SPY +0.17%. Close -2.55% vs SPY -0.31%
2025Q4ended 2025-12-312026-02-19 08:303.2603.1581.9761,4081,391EPS +3.2% · sales +1.2%vs 2024Q4, year-ago quarter · EPS +14.8% · sales +12.8%16 EPS · 15 salesOpen -21.40% vs SPY -0.36%. Close -17.01% vs SPY -0.26%
2025Q3ended 2025-09-302025-11-06 08:303.0803.0271.9141,3941,376EPS +1.7% · sales +1.4%vs 2024Q3, year-ago quarter · EPS -1.3% · sales +19.4%15 EPS · 14 salesOpen +4.14% vs SPY -0.16%. Close +4.41% vs SPY -1.07%
2025Q2ended 2025-06-302025-08-07 08:302.7702.6121.5571,3531,334EPS +6.0% · sales +1.4%vs 2024Q2, year-ago quarter · EPS +13.1% · sales +18.0%15 EPS · 13 salesOpen +9.03% vs SPY +0.55%. Close +4.25% vs SPY -0.08%
2025Q1ended 2025-03-312025-05-08 08:302.4102.2711.2831,3021,282EPS +6.1% · sales +1.5%vs 2024Q1, year-ago quarter · EPS -2.0% · sales +11.7%17 EPS · 15 salesOpen +12.43% vs SPY +0.73%. Close +12.88% vs SPY +0.70%
2024Q4ended 2024-12-312025-02-20 08:302.8402.7551.7991,2481,213EPS +3.1% · sales +2.9%vs 2023Q4, year-ago quarter · EPS +3.3% · sales +7.9%17 EPS · 15 salesOpen -8.82% vs SPY -0.23%. Close -12.80% vs SPY -0.42%
2024Q3ended 2024-09-302024-11-07 08:303.1202.7002.3741,1681,152EPS +15.6% · sales +1.4%vs 2023Q3, year-ago quarter · EPS +14.3% · sales +1.3%17 EPS · 16 salesOpen +13.77% vs SPY +0.35%. Close +14.91% vs SPY +0.77%
2024Q2ended 2024-06-302024-08-08 08:302.4502.2591.6961,1471,140EPS +8.5% · sales +0.6%vs 2023Q2, year-ago quarter · EPS -7.2% · sales -2.0%19 EPS · 17 salesOpen -7.26% vs SPY +1.01%. Close -8.17% vs SPY +2.31%
2024Q1ended 2024-03-312024-05-09 08:302.4602.3121.9731,1651,161EPS +6.4% · sales +0.3%vs 2023Q1, year-ago quarter · EPS -0.4% · sales -3.8%18 EPS · 16 salesOpen -22.89% vs SPY +0.04%. Close -26.99% vs SPY +0.58%
2023Q4ended 2023-12-312024-02-15 08:302.7502.5141.6561,1571,138EPS +9.4% · sales +1.7%vs 2022Q4, year-ago quarter · EPS -6.1% · sales -6.0%16 EPS · 14 salesOpen +4.98% vs SPY +0.14%. Close +8.29% vs SPY +0.69%
2023Q3ended 2023-09-302023-11-02 08:302.7302.5611.6491,1521,145EPS +6.6% · sales +0.6%vs 2022Q3, year-ago quarter · EPS -11.9% · sales -6.1%16 EPS · 13 sales-
2023Q2ended 2023-06-302023-08-03 08:302.6402.3382.0281,1701,161EPS +12.9% · sales +0.8%vs 2022Q2, year-ago quarter · EPS +10.9% · sales -2.1%15 EPS · 12 sales-
2023Q1ended 2023-03-312023-05-05 08:302.4702.3541.7251,2111,206EPS +4.9% · sales +0.4%vs 2022Q1, year-ago quarter · EPS -0.8% · sales +3.4%15 EPS · 11 sales-
2022Q4ended 2022-12-312023-02-16 08:302.9302.6782.6121,2311,229EPS +9.4% · sales +0.2%vs 2021Q4, year-ago quarter · EPS +6.2% · sales +11.2%15 EPS · 12 sales-

Annual earnings

2025FY EPS 11.500 beat 11.422, from 10.860 a year earlier. Sales 5,457 beat 5,442, from 4,728 a year earlier
EPS
11.50002018FY EPS 4.380 against 4.31520182019FY EPS 5.420 against 5.36320192020FY EPS 6.340 against 6.26120202021FY EPS 9.050 against 8.78720212022FY EPS 10.900 against 10.63720222023FY EPS 10.590 against 10.35520232024FY EPS 10.860 against 10.77420242025FY EPS 11.500 against 11.4222025
Sales, USD millions
5,45702018FY sales 1,843 against 1,83820182019FY sales 2,294 against 2,27920192020FY sales 2,659 against 2,64120202021FY sales 3,758 against 3,73920212022FY sales 4,825 against 4,82320222023FY sales 4,691 against 4,67120232024FY sales 4,728 against 4,69320242025FY sales 5,457 against 5,4422025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2028FYestimate-15.842--6,13210.33
2027FYestimate-14.425--5,83811.35
2026FYestimate-13.284--5,65612.32
2025FY11.50011.4226.7205,4575,44217.82
2024FY10.86010.7747.8394,7284,69321.53
2023FY10.59010.3557.0594,6914,67128.08
2022FY10.90010.6377.0884,8254,82330.07
2021FY9.0508.7878.1553,7583,73973.86
2020FY6.3406.2615.5982,6592,64156.52
2019FY5.4205.3634.5272,2942,27939.14
2018FY4.3804.3154.2391,8431,83826.49
2017FY3.4603.4241.3231,4501,44731.05
2016FY2.9002.9171.8701,1601,16022.18
2015FY2.7302.6801.620914.13906.5459.95
2014FY2.2202.1891.400730.03723.9173.72
2013FY1.6601.6181.280555.12542.2798.58
2012FY1.4201.3431.170433.8425.17115.25
2011FY1.1901.3440.630334.53328.33137.52

Quarterly results

2026Q3 revenue 1,426, from 1,394 a year earlier. Operating margin 12.6%, from 9.9% a year earlier
Revenue, USD millions
1,42602024Q4 revenue 1,24824Q42025Q1 revenue 1,30225Q12025Q2 revenue 1,35325Q22025Q3 revenue 1,39425Q32025Q4 revenue 1,40825Q42026Q1 revenue 1,40026Q12026Q2 revenue 1,41526Q22026Q3 revenue 1,42626Q3
Operating margin
12.602024Q4 operating margin 11.7%24Q42025Q1 operating margin 7.8%25Q12025Q2 operating margin 9.2%25Q22025Q3 operating margin 9.9%25Q32025Q4 operating margin 9.9%25Q42026Q1 operating margin 8.5%26Q12026Q2 operating margin 10.9%26Q22026Q3 operating margin 12.6%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 13.28 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYEper share2026-11-1013.28+0.0%
2026Q4Eper share2026-11-103.54+0.0%
2026FYSUSD millions2026-11-105,656+0.0%
2026Q4SUSD millions2026-11-101,4150.0%
2026FYRper share2026-11-098.51+0.2%
2026Q4Rper share2026-11-062.51+0.1%
2026Q3Eper share2026-10-303.41+0.0%
2026Q3SUSD millions2026-10-301,419+0.0%
2026Q3Rper share2026-10-212.380.0%
2026Q2Eper share2026-08-043.140.0%
2026Q2SUSD millions2026-08-041,4070.0%
2026Q2Rper share2026-07-221.860.0%
2026Q1Eper share2026-05-062.750.0%
2026Q1Rper share2026-05-061.420.0%
2026Q1SUSD millions2026-05-061,3940.0%
2025FYEper share2026-02-1911.420.0%
2025Q4Eper share2026-02-193.15-0.1%
2025FYRper share2026-02-196.83+0.0%
2025Q4Rper share2026-02-192.060.0%
2025FYSUSD millions2026-02-195,442+0.0%
2025Q4SUSD millions2026-02-191,391+0.0%
2025Q3Eper share2025-10-293.030.0%
2025Q3SUSD millions2025-10-271,376+0.1%
2025Q3Rper share2025-10-211.960.0%
2025Q2SUSD millions2025-08-061,3340.0%
2025Q2Eper share2025-07-312.61+0.2%
2025Q2Rper share2025-07-301.71+0.1%
2025Q1Eper share2025-05-072.270.0%
2025Q1Rper share2025-05-071.330.0%
2025Q1SUSD millions2025-05-071,2820.0%
2024FYEper share2025-02-2010.81+0.1%
2024Q4Eper share2025-02-202.750.0%
2024FYRper share2025-02-207.85-0.2%
2024Q4Rper share2025-02-201.82+0.3%
2024FYSUSD millions2025-02-204,694+0.0%
2024Q4SUSD millions2025-02-201,214+0.0%
2024Q3Eper share2024-11-012.70+0.0%
2024Q3Rper share2024-11-011.79-0.4%
2024Q3SUSD millions2024-11-011,1520.0%
2024Q2SUSD millions2024-08-051,1400.0%
2024Q2Eper share2024-07-292.26+0.0%
2024Q2Rper share2024-07-261.58+0.1%
2024Q1Eper share2024-05-012.310.0%
2024Q1Rper share2024-05-011.780.0%
2024Q1SUSD millions2024-05-011,1610.0%
2023FYEper share2024-02-1310.35+0.0%
2023FYRper share2024-02-137.220.0%
2023FYSUSD millions2024-02-134,671+0.0%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share1.3234.2394.5275.5988.1557.0887.0597.8396.7168.0011-
Sales USD millions1,4501,8432,2942,6593,7584,8254,6914,7285,4575,649-
Shares million shares535455565758585754-51
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share2.3741.7991.2831.5571.9141.9761.5231.972.532
Sales USD millions1,1681,2481,3021,3531,3941,4081,4001,4151,426
Shares million shares575757565554535251

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue5,648.815,457.06+15.4%4,727.94+0.8%4,690.54-2.8%4,824.70+28.4%3,758.14+41.3%2,659.48+15.9%2,293.80+24.5%1,842.91
Cost of Goods Sold Incl. D&A4,090.854,026.56+19.4%3,373.390.0%3,374.01-0.7%3,399.29+32.2%2,571.74+43.6%1,790.37+16.6%1,535.54+25.9%1,219.81
Gross Profit1,557.951,430.49+5.6%1,354.55+2.9%1,316.53-7.6%1,425.41+20.1%1,186.40+36.5%869.11+14.6%758.25+21.7%623.10
Selling, General and Administrative Excl. Other965.26927.36+15.8%800.83-1.4%812.34-6.8%871.24+35.6%642.34+33.0%482.89+6.4%453.66+21.6%373.18
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income592.69503.13-9.1%553.72+9.8%504.19-9.0%554.17+1.9%544.06+40.9%386.22+26.8%304.60+21.9%249.93
Unusual Expense0.534.81-77.3%21.17+282.1%5.54-60.3%13.94-8.2%15.18+311.4%3.69-33.5%5.55-0.94
Net Income Before Taxes581.36505.62-13.5%584.41+8.9%536.59+5.8%507.26-4.9%533.39+40.9%378.48+26.4%299.53+19.9%249.77
Income Taxes156.19127.95-1.5%129.88+8.7%119.50+36.0%87.84+69.8%51.74+0.8%51.32+33.4%38.47+304.1%9.52
Consolidated Net Income425.17377.68-16.9%454.53+9.0%417.08-0.6%419.42-12.9%481.65+47.2%327.16+25.3%261.06+8.7%240.26
Net Income From Continuing Operations425.17377.68-16.9%454.53+9.0%417.08-0.6%419.42-12.9%481.65+47.2%327.16+25.3%261.06+8.7%240.26
Net Income425.17377.68-16.9%454.53+9.0%417.08-0.6%419.42-12.9%481.65+47.2%327.16+25.3%261.06+8.7%240.26
EPS (Recurring) per share8.276.78-16.2%8.09+13.6%7.12-1.8%7.25-13.0%8.33+47.7%5.64+22.9%4.59+8.5%4.23
EPS (Basic, Before Extraordinaries) per share8.036.76-14.8%7.93+10.0%7.21-1.5%7.32-14.1%8.52+45.1%5.87+23.1%4.77+6.5%4.48
EPS (Diluted) per share8.006.72-14.3%7.84+11.0%7.06-0.4%7.09-13.0%8.15+45.5%5.60+23.6%4.53+6.8%4.24
EBITDA761.21669.21-1.7%680.83+6.9%636.89-8.3%694.22+0.7%689.21+33.7%515.47+27.0%405.77+41.4%286.98
Non-Operating Income (Expense)-5.487.30-85.9%51.86+36.7%37.93-32.98-831.3%4.51-4.05-943.8%0.48-1.10
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense145.32139.64+5.7%132.16+13.2%116.71+47.9%78.93-3.2%81.51+48.4%54.92+4.4%52.59+12.5%46.76
Price To Earnings Ratio ratio statement ratio, not the snapshot20.4820.4830.3737.1047.7281.9964.0346.8827.36
Price To Sales Ratio ratio0.992.112.873.754.0210.517.885.333.57
Gross Margin %27.5826.2128.6528.0729.5431.5732.6833.0633.81
Operating Margin %10.499.2211.7110.7511.4914.4814.5213.2813.56
Net Margin %7.536.929.618.898.6912.8212.3011.3813.04
Shares Outstanding million shares50.8854.27-4.6%56.87-1.6%57.79+0.2%57.66+1.4%56.85+1.3%56.11+1.7%55.19+2.1%54.08
Market Capitalization8,359.158,359.15-37.0%13,262.60-22.7%17,156.67-9.0%18,849.47-50.3%37,914.22+89.0%20,063.62+72.0%11,665.62+86.2%6,265.58

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue1,426.43+2.3%1,414.77+4.5%1,400.06+7.6%1,407.55+12.8%1,394.37+19.4%1,353.44+18.0%1,301.69+11.7%1,248.35+7.9%
Cost of Goods Sold Incl. D&A1,009.23-1.2%1,014.95+1.7%1,041.72+6.1%1,024.96+14.9%1,022.00+29.7%997.83+19.6%981.77+14.3%892.16+8.1%
Gross Profit417.20+12.0%399.82+12.4%358.34+12.0%382.59+7.4%372.38-1.9%355.61+13.9%319.92+4.4%356.19+7.3%
Selling, General and Administrative Excl. Other237.39+1.1%245.25+6.0%239.70+9.8%242.92+15.7%234.72+17.8%231.38+19.5%218.34+10.7%209.94-1.8%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income179.82+30.6%154.57+24.4%118.64+16.8%139.67-4.5%137.66-23.6%124.23+4.8%101.58-7.1%146.25+23.6%
Interest Expense2.073.26------
Unusual Expense-1.16-1.44-366.7%-0.98-142.4%4.12-52.6%-1.32-114.7%0.54-72.2%2.31-0.4%8.70+585.0%
Net Income Before Taxes176.34+22.8%140.55+13.6%120.65+27.8%143.82+4.7%143.62-24.3%123.77-7.5%94.42-23.6%137.33+7.8%
Income Taxes46.02+25.1%37.57+5.1%38.13+82.2%34.47+1.3%36.80-30.9%35.74+1.6%20.93+182.5%34.03+14.0%
Consolidated Net Income130.31+22.0%102.98+17.0%82.52+12.3%109.35+5.9%106.82-21.7%88.03-10.8%73.48-36.8%103.30+5.9%
Net Income From Continuing Operations130.31+22.0%102.98+17.0%82.52+12.3%109.35+5.9%106.82-21.7%88.03-10.8%73.48-36.8%103.30+5.9%
Net Income130.31+22.0%102.98+17.0%82.52+12.3%109.35+5.9%106.82-21.7%88.03-10.8%73.48-36.8%103.30+5.9%
EPS (Recurring) per share2.52+32.6%1.95+25.0%1.51+15.3%2.03+6.8%1.90-23.4%1.56-9.3%1.31-34.5%1.90+13.8%
EPS (Basic, Before Extraordinaries) per share2.53+31.8%1.97+26.3%1.53+18.6%1.99+9.3%1.92-20.0%1.56-8.8%1.29-35.8%1.82+7.7%
EPS (Diluted) per share2.53+32.5%1.97+26.3%1.52+18.8%1.98+10.0%1.91-19.4%1.56-8.2%1.28-35.0%1.80+8.4%
EBITDA222.86+24.3%196.96+18.5%160.61+12.4%180.79-0.8%179.33-14.3%166.15+11.5%142.94+1.4%182.30+20.3%
Non-Operating Income (Expense)-2.57-155.5%-12.20-15350.0%1.038.274.63-74.7%0.08-99.5%-4.85-129.2%-0.21-102.0%
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense33.56-4.8%36.66+20.4%39.44+3.0%35.67+57.7%35.24+5.9%30.46+8.1%38.28+8.2%22.62+51.0%
Price To Earnings Ratio ratio statement ratio, not the snapshot20.4811.3820.1231.2721.5024.7221.5330.37
Price To Sales Ratio ratio0.990.741.322.081.591.971.992.84
Gross Margin %29.2528.2625.5927.1826.7126.2724.5828.53
Operating Margin %12.6110.938.479.929.879.187.8011.72
Net Margin %9.147.285.897.777.666.505.658.27
Shares Outstanding million shares50.88-7.8%51.59-7.4%52.76-6.8%54.27-4.6%55.21-2.6%55.70-2.2%56.63-2.2%56.87-1.6%
Market Capitalization8,359.15-0.5%4,145.59-58.6%7,330.56-23.7%11,318.10-14.7%8,398.54-25.9%10,017.33-8.1%9,604.99-39.9%13,262.60-22.7%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments1,297.41+0.7%1,288.79-38.7%2,102.27+20.7%1,742.11+20.4%1,447.12+4.7%1,382.26+47.6%936.55+21.5%770.57+32.2%582.68
Short Term Receivables1,108.20+10.6%1,002.17+11.7%897.03-3.8%932.63+21.3%768.93+53.5%501.06+0.7%497.72+23.7%402.34+14.3%352.14
Inventories0.000.000.000.000.000.000.000.000.00
Other Current Assets128.27-5.2%135.28+46.9%92.06+8.4%84.89+58.9%53.43+81.4%29.46-26.2%39.94+52.7%26.16+3.7%25.22
Total Current Assets2,533.89+4.4%2,426.25-21.5%3,091.36+12.0%2,759.62+21.6%2,269.48+18.6%1,912.78+29.7%1,474.21+22.9%1,199.07+24.9%960.03
Net Property, Plant & Equipment317.26-5.6%335.91-9.2%369.95-12.4%422.13+0.3%421.06+5.7%398.20-1.5%404.25+293.8%102.65+18.8%86.42
Total Investments and Advances40.66-2.7%41.79+25.6%33.28+10.0%30.26+1.8%29.73+2222.7%1.28+12.3%1.140.0%1.14+533.3%0.18
Long-Term Note Receivable--------2.10
Intangible Assets1,617.15-0.1%1,617.99+155.4%633.58+4.4%606.72-4.0%631.87+139.4%263.93+5.0%251.30+12.2%223.90+36.5%164.04
Deferred Tax Assets295.12+9.4%269.80+36.3%197.90+14.5%172.80+20.1%143.93+55.7%92.45+23.3%75.01+7.2%69.98+180.3%24.97
Other Assets98.06+67.0%58.73+123.3%26.30+49.3%17.61-35.2%27.17-48.4%52.68+37.5%38.30+154.1%15.07+3.1%14.61
Total Assets4,902.14+3.2%4,750.47+9.1%4,352.36+8.6%4,009.15+13.8%3,523.23+29.5%2,721.33+21.3%2,244.21+39.2%1,611.80+28.9%1,250.26
Short Term Debt Incl. Current Port. of LT Debt37.17-6.2%39.63+8.4%36.56-15.4%43.21-34.6%66.12+8.8%60.76+5.6%57.540.000.00
Accounts Payable55.33+23.8%44.70+39.7%31.99+3.7%30.85+24.1%24.85+143.9%10.19+30.1%7.83+5.2%7.44+33.6%5.57
Income Tax Payable25.52-49.4%50.40+29.9%38.81-15.8%46.07+67.9%27.44+33.2%20.60+127.4%9.06-67.1%27.54+190.2%9.49
Other Current Liabilities858.92+25.2%686.31+27.7%537.57-14.3%627.35-2.7%645.01+72.3%374.40+19.8%312.51+37.2%227.85+37.3%165.91
Total Current Liabilities976.94+19.0%821.04+27.3%644.93-13.7%747.48-2.1%763.42+63.8%465.95+20.4%386.95+47.2%262.83+45.2%180.97
Long Term Debt106.53-13.8%123.62-8.7%135.39-9.7%150.01-13.3%173.04-15.9%205.64-0.1%205.92+722.7%25.030.0%25.03
Provision for Risks Charges0.000.000.000.000.00-100.0%43.45-5.3%45.88+5.0%43.69-27.0%59.87
Deferred Tax Liabilities76.97-16.7%92.36+961.6%8.70-32.0%12.80-30.1%18.30-4.53--
Other Liabilities63.89-22.4%82.30-10.4%91.88-4.1%95.85+32.0%72.63+212.1%23.27+385.8%4.79-72.9%17.66+87.1%9.44
Total Liabilities1,224.33+9.4%1,119.32+27.1%880.89-12.4%1,006.14-2.1%1,027.39+39.2%738.31+13.9%648.06+85.6%349.21+26.8%275.31
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity3,677.23+1.3%3,629.21+4.6%3,470.89+15.6%3,001.53+20.7%2,487.12+25.4%1,983.02+24.2%1,596.14+26.4%1,262.60+29.5%974.95
Total Shareholders Equity3,677.23+1.3%3,629.21+4.6%3,470.89+15.6%3,001.53+20.7%2,487.12+25.4%1,983.02+24.2%1,596.14+26.4%1,262.60+29.5%974.95
Accumulated Minority Interest0.58-70.1%1.94+234.5%0.58-60.8%1.48-83.0%8.720.000.000.000.00
Total Equity3,677.81+1.3%3,631.15+4.6%3,471.47+15.6%3,003.01+20.3%2,495.84+25.9%1,983.02+24.2%1,596.14+26.4%1,262.60+29.5%974.95
Total Liabilities & Stockholders Equity4,902.14+3.2%4,750.47+9.1%4,352.36+8.6%4,009.15+13.8%3,523.23+29.5%2,721.33+21.3%2,244.21+39.2%1,611.80+28.9%1,250.26
Book Value Per Share per share67.75+6.2%63.82+6.3%60.06+15.4%52.06+19.0%43.75+23.8%35.34+22.2%28.92+23.9%23.35+26.9%18.40
Tangible Book Value Per Share per share37.96+7.3%35.37-28.0%49.10+18.2%41.54+27.3%32.63+6.5%30.64+25.7%24.37+26.9%19.21+25.6%15.30
Full-Time Employees people62,850+2.7%61,200+15.1%53,150-10.4%59,300+0.8%58,824+42.9%41,168+12.1%36,739+21.8%30,156+16.2%25,962
Price to Book Ratio ratio2.323.735.206.8415.2810.147.344.975.75
Return on Assets %7.839.999.9811.1415.4313.1813.5416.796.69
Return on Equity %10.3412.8012.8915.2821.5518.2818.2621.478.29
Return on Invested Capital %9.9812.1111.5713.3118.1114.9514.4918.667.28
Quick Ratio ratio2.592.964.793.692.974.113.814.565.31
Current Ratio ratio2.592.964.793.692.974.113.814.565.31

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income425.17377.68-16.9%454.53+9.0%417.08-0.6%419.42-12.9%481.65+47.2%327.16+25.3%261.06+8.7%240.26
Depreciation168.52166.08+30.7%127.10-4.2%132.70-5.2%140.05-3.5%145.15+12.3%129.24+27.7%101.18+176.1%36.64
Other Funds (Non Cash)192.12189.61+12.2%169.04-3.5%175.22-0.8%176.63+38.8%127.28+51.0%84.29+7.5%78.42+34.5%58.32
Funds from Operations724.22674.07-1.8%686.48-0.2%687.81-0.9%693.93-1.9%707.18+35.8%520.70+20.3%432.89+50.7%287.22
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-191.28-19.14-127.31-125.17-229.83-134.86-668.8%23.71-145.44-3008.8%5.00
Income Taxes Payable-5.97-20.36-8.17-33.39-1027.5%3.60+0.8%3.57-75.2%14.38-23.13-231.1%17.64
Cash from Operating Activities532.94654.93+17.1%559.17-0.6%562.63+21.2%464.10-18.9%572.33+5.1%544.41+89.4%287.45-1.6%292.22
Capital Expenditures-62.53-42.24-32.15-28.41-81.63-111.50-68.79-99.31-37.57
Net Assets From Acquisitions-0.40-4.79-912.16-26.79-12.90-316.71-18.89-39.32-74.27
Sale of Fixed Assets and Businesses0.000.000.00-2.170.000.000.000.00-
Purchase or Sale of Investments0.81-0.03-100.1%57.01-3.60-61.62-207.2%57.46-80.490.000.00
Purchase of Investments-3.43-3.08-8.84-14.46-61.62-2.54-140.500.000.00
Sale Or Maturity of Investments4.243.05-95.4%65.85+505.8%10.870.00-100.0%60.000.0%60.010.000.00
Other Uses-10.12-3.340.00-7.77-29.030.000.00-6.74-0.70
Other Sources-0.000.00-100.0%2.310.000.00-100.0%0.08-92.2%1.020.00-100.0%0.42
Cash from Investing Activities-72.24-50.41-884.98-68.74-185.18-370.67-167.15-145.37-112.12
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock-678.56-607.58-344.30-113.29-323.6%50.66+92.7%26.29-0.5%26.41-28.6%37.00+6.2%34.84
Repurchase of Common Pref Stock-712.42-662.16-398.03-164.920.000.000.000.000.00
Sale of Common Pref Stock33.8654.58+1.6%53.73+4.0%51.64+1.9%50.66+92.7%26.29-0.5%26.41-28.6%37.00+6.2%34.84
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.00-2.55-1.86-2.14-13.78-23066.7%0.06-0.02-0.01-3.49
Change in Long Term Debt0.000.000.000.000.000.00-0.02-0.01-3.49
Issuance of Long Term Debt0.000.000.000.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.00-0.02-0.01-3.49
Net Financing Active Other Cash Flow-41.07-39.72-44.25-48.37-36.65-84.15-27.16-16.63-8.35
Other Financing Activities Uses-41.07-39.72-44.25-48.37-36.65-84.15-27.16-16.63-8.35
Cash from Financing Activities-720.52-649.84-390.41-163.80-71317.4%0.23-57.81-0.77-103.8%20.36-11.5%23.00
Exchange Rate Effect-13.7556.30-36.50-224.2%29.38-44.87-18.03-292.6%9.36+165.2%3.53-14.24
Net Change in Cash-273.5710.98-752.72-309.4%359.47+53.4%234.29+86.2%125.81-67.4%385.85+132.5%165.98-12.1%188.86
Free Cash Flow470.41612.69+16.3%527.02-1.3%534.22+39.7%382.48-17.0%460.83-3.1%475.61+152.8%188.15-26.1%254.64
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio11.8618.8025.7232.8950.7085.6844.0465.0325.82
Deferred Taxes & Investment Tax Credit--59.30-64.19-37.19-42.16-46.90-19.99-7.76-48.00

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments966.07-22.1%789.84-24.2%1,038.50-11.6%1,297.41+0.7%1,239.55-39.8%1,042.55-43.6%1,174.78-42.6%1,288.79-38.7%
Short Term Receivables1,213.42+7.3%1,268.04+9.4%1,174.66+7.8%1,108.20+10.6%1,130.50+20.9%1,158.96+20.6%1,090.08+17.0%1,002.17+11.7%
Inventories0.000.000.000.000.000.000.000.00
Other Current Assets153.76-0.1%158.11-6.4%144.26-4.4%128.27-5.2%153.99+37.2%168.97+60.1%150.83+45.9%135.28+46.9%
Total Current Assets2,333.25-7.6%2,215.99-6.5%2,357.43-2.4%2,533.89+4.4%2,524.04-18.8%2,370.47-18.7%2,415.69-21.6%2,426.25-21.5%
Net Property, Plant & Equipment321.08-0.4%329.97-0.3%321.26-2.0%317.26-5.6%322.26-4.5%330.95-2.8%327.67-8.5%335.91-9.2%
Total Investments and Advances39.07-3.4%41.04+2.5%40.82+2.5%40.66-2.7%40.46-4.9%40.03-5.8%39.82+12.1%41.79+25.6%
Intangible Assets1,554.81-4.5%1,576.02-4.2%1,590.31-1.5%1,617.15-0.1%1,628.72+133.9%1,645.35+139.7%1,613.72+138.7%1,617.99+155.4%
Deferred Tax Assets302.35+28.5%295.95+22.9%283.03+11.0%295.12+9.4%235.32+7.8%240.85+13.0%255.08+29.2%269.80+36.3%
Other Assets130.75+41.4%113.47+36.6%108.71+51.8%98.06+67.0%92.50+66.2%83.04+226.0%71.62+192.9%58.73+123.3%
Total Assets4,682.63-3.3%4,574.09-2.9%4,703.45-0.4%4,902.14+3.2%4,843.30+8.7%4,710.70+11.5%4,723.61+8.0%4,750.47+9.1%
Short Term Debt Incl. Current Port. of LT Debt38.20-5.6%39.30-2.8%36.75-6.9%37.17-6.2%40.46+7.7%40.43+9.8%39.47+9.0%39.63+8.4%
Accounts Payable36.84-14.3%41.55-8.2%40.11-9.8%55.33+23.8%42.98+39.7%45.28+46.3%44.45+63.1%44.70+39.7%
Income Tax Payable12.85-34.1%19.09+3.4%15.64-55.7%25.52-49.4%19.49-43.3%18.46-50.7%35.27+3.9%50.40+29.9%
Other Current Liabilities756.15+3.3%704.49+9.5%791.83+18.2%858.92+25.2%732.33+26.6%643.25+29.4%669.93+19.4%686.31+27.7%
Total Current Liabilities844.04+1.1%804.44+7.6%884.33+12.1%976.94+19.0%835.26+22.6%747.43+24.1%789.12+19.8%821.04+27.3%
Long Term Debt108.13-5.8%112.94-7.6%251.19+111.7%106.53-13.8%114.76-10.3%122.26-5.3%118.67-12.8%123.62-8.7%
Provision for Risks Charges0.000.000.000.000.000.000.000.00
Deferred Tax Liabilities73.35-24.4%74.50-24.0%73.80-21.7%76.97-16.7%96.9698.0694.2192.36+961.6%
Other Liabilities62.33-10.3%62.90-15.7%62.42-20.4%63.89-22.4%69.48-25.8%74.59-20.4%78.39-24.8%82.30-10.4%
Total Liabilities1,087.85-2.6%1,054.79+1.2%1,271.74+17.7%1,224.33+9.4%1,116.46+23.7%1,042.33+26.3%1,080.40+20.2%1,119.32+27.1%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity3,594.19-3.5%3,518.72-4.1%3,431.13-5.8%3,677.23+1.3%3,726.26+4.8%3,667.78+8.0%3,642.63+4.8%3,629.21+4.6%
Total Shareholders Equity3,594.19-3.5%3,518.72-4.1%3,431.13-5.8%3,677.23+1.3%3,726.26+4.8%3,667.78+8.0%3,642.63+4.8%3,629.21+4.6%
Accumulated Minority Interest0.580.0%0.580.0%0.580.0%0.58-70.1%0.580.0%0.580.0%0.58+1.8%1.94+234.5%
Total Equity3,594.78-3.5%3,519.30-4.1%3,431.71-5.8%3,677.81+1.3%3,726.84+4.8%3,668.36+8.0%3,643.22+4.8%3,631.15+4.6%
Total Liabilities & Stockholders Equity4,682.63-3.3%4,574.09-2.9%4,703.45-0.4%4,902.14+3.2%4,843.30+8.7%4,710.70+11.5%4,723.61+8.0%4,750.47+9.1%
Book Value Per Share per share70.64+4.7%68.21+3.6%65.04+1.1%67.75+6.2%67.49+7.7%65.85+10.4%64.33+7.3%63.82+6.3%
Tangible Book Value Per Share per share40.08+5.5%37.66+3.7%34.89-2.6%37.96+7.3%37.99-24.6%36.31-23.8%35.83-25.8%35.37-28.0%
Full-Time Employees people---62,850+2.7%---61,200+15.1%
Price to Book Ratio ratio2.321.222.003.042.292.752.653.73
Return on Assets %8.938.658.207.837.998.989.059.99
Return on Equity %11.6211.1810.9310.3410.2111.3611.5712.80
Return on Invested Capital %3.522.842.242.892.782.321.952.75
Quick Ratio ratio2.762.752.672.593.023.173.062.96
Current Ratio ratio2.762.752.672.593.023.173.062.96

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income130.31+22.0%102.98+17.0%82.52+12.3%109.35+5.9%106.82-21.7%88.03-10.8%73.48-36.8%103.30+5.9%
Depreciation43.04+3.3%42.38+1.1%41.97+1.5%41.12+14.1%41.67+43.6%41.93+37.7%41.37+31.0%36.05+8.5%
Other Funds (Non Cash)43.38-8.0%49.35+20.9%49.72-4.3%49.66+17.1%47.17+31.0%40.81+11.0%51.97-3.5%42.40-1.7%
Funds from Operations213.02+3.9%180.28+11.1%193.28+14.2%137.63-3.4%204.95+8.7%162.29+6.8%169.20-16.9%142.44-4.1%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital75.82-15.5%-182.70-229.65145.2689.73+67.8%-109.09-145.04-12.18-153.2%
Income Taxes Payable-3.50-17.41-26.4641.40+175.1%-2.30-118.7%-37.99-21.4815.05+201.0%
Cash from Operating Activities288.84-2.0%-2.42-104.5%-36.36-250.5%282.89+117.2%294.68+21.8%53.20-6.7%24.16-81.4%130.26-24.0%
Capital Expenditures-14.68-15.21-17.86-14.78-8.30-9.83-9.33-15.73
Net Assets From Acquisitions0.000.00-0.31-0.090.00-3.35-1.36-855.09
Sale of Fixed Assets and Businesses0.000.000.00-100.0%0.000.00-3.333.330.00
Purchase or Sale of Investments0.71-1.021.38+146.4%-0.26-101.1%-0.29-100.7%-0.050.5624.30
Purchase of Investments-1.09-1.11-0.83-0.40-0.29-0.05-2.35-0.04
Sale Or Maturity of Investments1.800.082.21-24.1%0.14-99.4%0.00-100.0%0.00-100.0%2.91+838.7%24.34
Other Uses-9.010.000.00-1.12-0.69-1.530.000.00-100.0%
Other Sources-0.87-0.271.14+776.9%0.00-100.0%0.00-100.0%-0.130.13-87.0%0.64
Cash from Investing Activities-23.84-16.51-15.65-16.25-9.28-126.7%-18.21-6.67-845.88
Cash Dividends Paid0.000.000.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock-79.94-71.36-323.28-203.99-3035.1%-81.64-181.43-140.526.95
Repurchase of Common Pref Stock-79.94-84.97-323.98-223.53-82.10-196.53-160.00-13.00
Sale of Common Pref Stock0.00-100.0%13.61-9.9%0.70-96.4%19.54-2.1%0.46-64.6%15.10-15.5%19.48+33.3%19.95-13.3%
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.00-140.03139.84-0.70-0.75-0.40-0.68-0.36
Change in Long Term Debt0.000.000.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.000.000.00
Net Financing Active Other Cash Flow-3.25-21.76-8.77-7.29-3.25-22.22-6.95-5.33
Other Financing Activities Uses-3.25-21.76-8.77-7.29-3.25-22.22-6.95-5.33
Cash from Financing Activities-83.19-233.15-192.20-211.98-16923.8%-85.65-204.06-148.161.26
Exchange Rate Effect-6.153.75-89.9%-14.55-177.5%3.20-2.72-110.5%37.0518.77-35.95-202.7%
Net Change in Cash175.66-10.8%-248.33-258.7657.86197.03-20.9%-132.02-111.89-750.32-559.4%
Free Cash Flow274.16-4.3%-17.64-140.7%-54.22-465.6%268.11+134.1%286.38+20.8%43.37-17.1%14.83-88.0%114.53-29.0%
Price to Free Cash Flow ratio11.868.5913.4918.5118.3324.4023.0925.48

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Region
Name20242025vs 20242025 share
Germany206.13233.43+13.2%4.3%
Netherlands188.58229.79+21.9%4.2%
Other Countries721.951,123.69+55.6%20.6%
Switzerland407.85438.50+7.5%8.0%
United Kingdom523.37597.32+14.1%10.9%
United States2,680.062,834.34+5.8%51.9%
Total4,727.945,457.06+15.4%100.0%
Segment
Name20242025vs 20242025 share
Americas2,866.343,166.12+10.5%58.0%
Europe1,861.602,290.94+23.1%42.0%
Total4,727.945,457.06+15.4%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3013.08%6.4M49.2M1.21M
2026-10-1512.95%6.4M49.8M1.28M
2026-09-3012.92%6.4M49.8M1.43M
2026-09-1512.86%6.4M49.8M1.64M
2026-08-3114.99%7.5M49.8M1.87M
2026-08-1414.52%7.2M49.8M1.97M
2026-07-3116.38%8.2M49.8M1.99M
2026-07-1518.93%9.5M50.4M1.98M
2026-06-3022.38%11.3M50.4M1.91M
2026-06-1520.46%10.3M50.4M1.72M
2026-05-2918.95%9.6M50.5M1.52M
2026-05-1518.49%9.3M50.5M1.55M
2026-04-3015.43%7.8M50.5M1.42M
2026-04-1513.64%6.9M50.7M1.30M
2026-03-3113.00%6.8M52.1M1.19M
2026-03-1312.85%6.7M52.1M1.10M
2026-02-278.81%4.6M52.1M1.01M
2026-02-137.28%3.9M53.1M875.75K
2026-01-306.13%3.3M53.1M861.10K
2026-01-155.60%3.0M53.1M875.78K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call70.0092.4095.300.00367.3%0.000.000.997-0.0370.002
call75.0087.8090.300.00340.7%0.000.000.997-0.0380.002
call80.0082.9085.300.00315.8%0.000.000.997-0.0380.002
call85.0077.4080.2031.96287.5%7.000.000.996-0.0380.003
call90.0072.5075.4042.80274.8%10.000.000.996-0.0390.003
call95.0067.9070.4065.10255.6%4.000.000.996-0.0390.003
call10062.9065.4056.70233.5%13.000.000.970-0.2130.016
call10557.4060.4053.60214.3%15.000.000.967-0.2100.018
call11052.9055.4014.10197.4%11.000.000.964-0.2060.019
call11547.4050.2039.30173.1%37.000.000.961-0.2020.020
call12042.5045.3044.40159.3%78.000.000.957-0.1980.022
call12537.6040.5037.60148.1%5900.000.952-0.1930.024
call13033.2035.8032.77137.6%88.000.000.946-0.1870.026
call13528.2030.3028.00109.6%2401.000.939-0.1800.029
call14023.3025.7024.40103.3%1400.000.929-0.1720.032
call14518.5020.9018.8990.4%1983.000.916-0.1630.037
call15013.8016.2014.3077.6%98.006.000.798-0.3510.068
call1559.5012.1011.1171.4%2290.000.723-0.3790.080
call1606.308.006.2061.4%13132.000.632-0.3360.090
call1652.854.703.7953.9%79.001.000.486-0.3380.096
call1702.002.602.5451.6%51.001.000.339-0.3080.088
call1751.001.401.1951.8%34.0011.000.213-0.2400.070
call1800.500.900.6055.9%9.000.000.138-0.1920.053
call1850.250.550.3558.8%11.000.000.087-0.1450.038
call1900.002.650.2868.3%4.000.000.077-0.1530.035
call1950.002.600.0077.1%10.000.000.070-0.1600.032
put70.000.003.700.25223.1%2.000.00-0.003-0.0300.002
put75.000.003.700.30206.1%6.000.00-0.003-0.0290.002
put80.000.003.700.85190.2%31.000.00-0.003-0.0290.002
put85.000.004.900.91175.2%12.000.00-0.004-0.0290.003
put90.000.002.000.10158.1%13.000.00-0.004-0.0280.003
put95.000.000.050.07138.0%11.000.00-0.004-0.0250.003
put1000.003.600.07194.2%9.000.00-0.030-0.2020.016
put1050.004.900.05177.7%37.000.00-0.033-0.1980.018
put1100.003.501.10161.8%55.000.00-0.036-0.1940.019
put1150.002.151.13146.5%38.000.00-0.039-0.1890.020
put1200.001.750.05131.7%1180.00-0.043-0.1840.022
put1250.002.800.41117.5%35.000.00-0.048-0.1790.024
put1300.002.600.34103.4%46.000.00-0.054-0.1720.026
put1350.001.750.8289.7%53.000.00-0.061-0.1650.029
put1400.001.000.7576.3%87.000.00-0.071-0.1570.032
put1450.150.600.4063.0%16.003.00-0.084-0.1470.037
put1500.202.250.9978.3%9.001.00-0.202-0.3340.068
put1551.103.101.2071.4%38.003.00-0.278-0.3620.080
put1602.553.303.2753.3%46.001.00-0.368-0.3180.090
put1654.705.705.3053.9%8.0018.00-0.516-0.3200.096
put1707.709.208.8058.4%39.000.00-0.662-0.2890.088
put17511.0012.9018.8058.7%5.000.00-0.788-0.2200.070
put18015.5017.600.0067.7%0.000.00-0.863-0.1720.053
put18520.1022.800.0083.7%0.000.00-0.912-0.1240.038
put19024.9027.500.0090.0%2.000.00-0.922-0.1320.035
put19529.7033.300.00113.9%0.000.00-0.930-0.1390.032

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-12144Filing for proposed sale of securities under Rule 144.SEC
2026-11-124Statement of changes in beneficial ownership of securities2026-11-12SEC
2026-11-108-KCurrent report2026-11-09SEC
2026-11-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-058-KCurrent report2026-11-05SEC
2026-11-05S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-11-034Statement of changes in beneficial ownership of securities2026-10-31SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-10-31SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-10-31SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-10-31SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-10-31SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-10-31SEC
2026-10-30SCHEDULE 13G/ASEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-08-13SCHEDULE 13G/ASEC
2026-08-12SCHEDULE 13G/ASEC
2026-08-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-068-KCurrent report2026-08-06SEC
2026-08-06S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-08-06S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-07-31SCHEDULE 13G/ASEC
2026-07-08SCHEDULE 13G/ASEC
2026-07-08SCHEDULE 13G/ASEC
2026-05-268-KCurrent report2026-05-21SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-224Statement of changes in beneficial ownership of securities2026-05-21SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100528.30K1
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-12001.04M1
2025-1100562.07K2

Institutional holders

Manager% owned
BlackRock, Inc.12.70%
AMERIPRISE FINANCIAL INC10.45%
Capital World Investors9.20%
VANGUARD PORTFOLIO MANAGEMENT LLC6.64%
VANGUARD CAPITAL MANAGEMENT LLC4.36%
STATE STREET CORP3.65%
Invesco Ltd.3.53%
CITADEL ADVISORS LLC3.00%
DIMENSIONAL FUND ADVISORS LP2.69%
FMR LLC2.56%

Funds

Fund% owned
iShares Core S&P Small-Cap ETF6.02%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.02%
Invesco S&P 500 Equal Weight ETF2.25%
VANGUARD SMALL-CAP INDEX FUND2.18%
Columbia Select Large Cap Value Fund2.07%
New Economy Fund2.04%
New Perspective Fund1.88%
VANGUARD INFORMATION TECHNOLOGY INDEX FUND1.86%
Columbia Intrinsic Value Fund1.81%
Columbia Variable Portfolio - Select Large Cap Value Fund1.54%

OakChart. EPAM. Cached 15 minutes. Terms