| Market Cap | $3.11B | |
| Enterprise Value | $4.71B | |
| Revenue | $410.8M | +14.2% |
| Gross Profit | — | — |
| EBITDA | $368.6M | +1.1% |
| Net Income | $16.9M | −22.0% |
| Diluted EPS | $0.10 | −47.4% |
| Free Cash Flow | — | — |
| DPS (FY2025) | $0.80 |
| Trailing yield | 3.54% |
| Payout ratio | 599.8% |
| Growth streak | 2 yrs |
| 5y DPS growth | 22.5% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $0.80 | +8.1% | reported |
| FY20242024-12-31 | $0.74 | +2.8% | reported |
| FY20232023-12-31 | $0.72 | +0.0% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | 35.10% | 28.03% | 11.52% | 26.64% | 12.59% | 25.24% | −45.86% | 10.48% | 20.91% | 14.49% | 18.25% | 12.03% | 29% | 41% | |
| EBITDA Margin | 69.31% | 66.33% | 48.38% | 68.85% | 57.85% | 67.56% | 12.82% | 52.68% | 62.57% | 54.64% | 56.87% | 50.37% | 21% | 66% | |
| NOPAT Margin | — | — | 11.52% | 26.23% | 9.94% | 23.74% | −36.23% | 10.44% | 16.52% | 11.45% | 17.79% | 9.51% | 15% | 36% | |
| Net Margin | 48.97% | 41.42% | 38.32% | — | — | — | — | — | — | 5.87% | 6.02% | 4.11% | 8% | 23% | |
| OCF Margin | 56.87% | 71.61% | 57.83% | 46.13% | 37.00% | 45.37% | 41.43% | 35.89% | 40.83% | 45.99% | 39.05% | 40.65% | 29% | 62% | |
| ▸Returns on Capital · 4 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 5 ratios | |||||||||||||||
| ▸Liquidity & coverage · 3 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Capital allocation · 3 ratios | |||||||||||||||
| ▸Per share · 5 ratios | |||||||||||||||
The five drivers multiply to 1.1% vs reported ROE 1.2%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2014↗ | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $145.1M | $158.6M | $189.9M | $248.6M | $259.7M | $289.6M | $250.9M | $292.5M | $326.3M | $338.7M | $359.7M | $410.8M |
| YoY % | +9.3% | +19.7% | +30.9% | +4.5% | +11.5% | -13.4% | +16.6% | +11.6% | +3.8% | +6.2% | +14.2% | |
| SG&A Expense | $27.4M | $30.4M | $40.6M | $33.8M | $34.3M | $34.3M | $35.8M | $40.1M | $44.1M | $41.5M | $40.6M | $45.7M |
| YoY % | +10.7% | +33.9% | -17.0% | +1.7% | -0.1% | +4.4% | +12.1% | +9.8% | -5.9% | -2.2% | +12.6% | |
| Total Operating Expenses | — | — | — | — | $232.1M | $246.8M | $366.7M | $272.4M | $315.2M | $289.6M | $293.2M | $363.8M |
| YoY % | +6.3% | +48.5% | -25.7% | +15.7% | -8.1% | +1.2% | +24.1% | |||||
| Operating Income | $50.9M | $44.5M | $21.9M | $66.2M | $32.7M | $73.1M | -$115.1M | $30.7M | $68.2M | $49.1M | $65.7M | $49.4M |
| YoY % | -12.7% | -50.8% | +202.5% | -50.6% | +123.6% | +122.6% | -28.1% | +33.8% | -24.7% | |||
| Interest Expense | $39.4M | $37.3M | $34.6M | $59.0M | $70.0M | $69.2M | $69.7M | $68.0M | $80.2M | $93.3M | $92.6M | $95.3M |
| YoY % | -5.4% | -7.1% | +70.2% | +18.7% | -1.1% | +0.7% | -2.3% | +17.9% | +16.3% | -0.7% | +3.0% | |
| Interest & Investment Income | — | — | $25.8M | $29.1M | $13.2M | $8.0M | $9.0M | $9.1M | $14.6M | $20.0M | $25.1M | $23.7M |
| YoY % | +12.8% | -54.6% | -39.6% | +12.4% | +1.0% | +61.5% | +36.6% | +25.5% | -5.5% | |||
| Other Non-Operating Income | $2.7M | $1.6M | $0 | — | — | — | — | — | — | — | — | — |
| YoY % | -41.4% | -100.0% | ||||||||||
| Equity Method Income | $111.6M | $37.3M | $39.4M | $23.4M | $9.3M | $5.9M | -$3.1M | $5.3M | -$32.9M | -$7.7M | $15.2M | -$7.7M |
| YoY % | -66.5% | +5.7% | -40.8% | -60.2% | -36.6% | |||||||
| Gains on Sale of Real Estate | — | — | — | — | — | — | $683,000 | $10.5M | $57.2M | $0 | -$834,000 | $2.5M |
| YoY % | +1440.4% | +443.3% | -100.0% | |||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $72.8M | $9.9M | $33.3M | $3.7M | $1.3M | $37.2M |
| YoY % | -86.4% | +235.6% | -88.9% | -63.5% | +2662.4% | |||||||
| Pretax Income | — | — | $52.5M | $65.3M | -$14.8M | $24.7M | -$65.4M | $26.1M | -$65.2M | -$1.4M | $8.4M | -$39.6M |
| YoY % | +24.4% | |||||||||||
| Income Tax | $629,000 | $1.8M | -$105,000 | $1.0M | $934,000 | $1.5M | $269,000 | $93,000 | $12,000 | $301,000 | $212,000 | $412,000 |
| YoY % | +184.1% | -7.0% | +56.9% | -81.6% | -65.4% | -87.1% | +2408.3% | -29.6% | +94.3% | |||
| Income from Continuing Operations | $70.9M | $65.7M | $72.8M | $61.5M | $31.4M | $53.7M | -$9.0M | $23.5M | -$35.4M | $19.9M | $21.6M | $16.9M |
| YoY % | -7.3% | +10.8% | -15.5% | -48.9% | +70.9% | +8.9% | -22.0% | |||||
| Income from Discontinued Operations | $1.2M | $0 | $0 | — | — | — | — | — | — | — | — | — |
| YoY % | -100.0% | |||||||||||
| Net Income (incl. NCI) | $152.1M | $150.0M | $134.6M | $64.3M | -$15.7M | $23.2M | -$65.7M | $26.0M | -$65.3M | -$1.7M | $8.1M | -$40.0M |
| YoY % | -1.4% | -10.3% | -52.2% | |||||||||
| Minority Interest (P&L) | $81.1M | $84.3M | $61.8M | $2.8M | -$47.1M | -$30.5M | -$56.7M | $2.5M | -$24.3M | -$13.4M | -$5.6M | -$51.3M |
| YoY % | +3.9% | -26.6% | -95.4% | |||||||||
| Net Income | $71.1M | $65.7M | $72.8M | — | — | — | — | — | — | $19.9M | $21.6M | $16.9M |
| YoY % | -7.5% | +10.8% | +8.9% | -22.0% | ||||||||
| Net Income to Common | $71.1M | $65.7M | $72.8M | $61.5M | $31.4M | $53.7M | -$9.0M | $23.5M | -$35.4M | $19.9M | $21.6M | $16.9M |
| YoY % | -7.5% | +10.8% | -15.5% | -48.9% | +70.9% | +8.9% | -22.0% | |||||
| EPS (Basic) | $1.18 | $0.94 | $0.94 | — | — | — | -$0.11 | $0.26 | -$0.38 | $0.20 | $0.19 | $0.10 |
| YoY % | -20.3% | 0.0% | -5.0% | -47.4% | ||||||||
| EPS (Diluted) | $1.18 | $0.94 | — | — | — | — | -$0.11 | $0.26 | -$0.40 | $0.20 | $0.19 | $0.10 |
| YoY % | -20.3% | -5.0% | -47.4% | |||||||||
| Weighted Avg Shares (Diluted) | 59.4M | 68.9M | 76.2M | 83.7M | 82.1M | 84.4M | 86.4M | 87.7M | 94.6M | 95.3M | 108.3M | 128.7M |
| YoY % | +15.9% | +10.7% | +9.8% | -1.9% | +2.9% | +2.4% | +1.4% | +8.0% | +0.7% | +13.6% | +18.8% | |
| Dividends Declared per Share | $1 | $1 | $1 | $1 | $1 | $1 | $0 | $1 | $1 | $1 | $1 | $1 |
| YoY % | -0.8% | -4.9% | -9.5% | +3.8% | +3.7% | -74.3% | +106.9% | +20.0% | 0.0% | +2.8% | +8.1% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
| reported |
| FY20222022-12-31 | $0.72 | +20.0% | reported |
| FY20212021-12-31 | $0.60 | +106.9% | reported |
| FY20202020-12-31 | $0.29 | −74.3% | reported |
| FY20192019-12-31 | $1.13 | +3.7% | reported |
| FY20182018-12-31 | $1.09 | +3.8% | reported |
| FY20172017-12-31 | $1.05 | −9.5% | reported |
| FY20162016-12-31 | $1.16 | −4.9% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-30 | $0.2000 | — | — | licensed |
| 2026-03-31 | $0.2000 | 2026-04-15 | quarterly | licensed |
| 2025-12-31 | $0.2000 | 2026-01-15 | quarterly | licensed |
| 2025-09-30 | $0.2000 | 2025-10-15 | quarterly | licensed |
| 2025-06-30 | $0.2000 | 2025-07-15 | quarterly | licensed |
| 2025-03-31 | $0.2000 | — | quarterly | licensed |
| 2024-12-31 | $0.1900 | — | quarterly | licensed |
| 2024-09-30 | $0.1900 | — | quarterly | licensed |
