| Market Cap | $3.75B | |
| Enterprise Value | — | |
| Revenue | $626.5M | +0.5% |
| Gross Profit | $474.4M | −0.5% |
| EBITDA | $270.3M | +4.3% |
| Net Income | $213.5M | +9.0% |
| Diluted EPS | $5.08 | +9.2% |
| Free Cash Flow | $237.1M | −26.9% |
| DPS (FY2025) | $1.80 |
| Trailing yield | 2.25% |
| Payout ratio | 35.3% |
| Growth streak | 8 yrs |
| 5y DPS growth | 24.6% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $1.80 | +12.5% | reported |
| FY20242024-12-31 | $1.60 | +14.3% | reported |
| FY20232023-12-31 | $1.40 | +16.7% | reported |
| FY20222022-12-31 |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | 86.78% | 83.70% | 78.36% | 81.40% | 80.07% | 79.23% | 79.26% | 76.51% | 77.08% | 76.31% | 5% | 83% | |
| Operating Margin | 30.69% | 16.89% | 34.40% | 43.57% | 22.93% | 39.08% | 36.73% | 41.13% | 43.32% | 37.68% | 36.87% | 38.21% | 63% | 98% | |
| EBITDA Margin | 37.53% | 24.27% | 44.84% | 51.59% | 35.29% | 47.57% | 45.40% | 48.71% | 50.17% | 45.21% | 43.69% | 45.37% | 54% | 98% | |
| NOPAT Margin | — | — | — | — | — | 31.81% | 29.96% | 33.19% | 33.92% | 31.20% | 30.09% | 31.37% | 50% | 97% | |
| Net Margin | 21.91% | 54.38% | 24.17% | 30.95% | 23.78% | 34.13% | 31.10% | 33.28% | 34.07% | 35.22% | 34.29% | 37.21% | 88% | 96% | |
| FCF Margin | 21.52% | 56.80% | 36.72% | 30.86% | 38.97% | 40.44% | 28.17% | 26.73% | 13.67% | 16.48% | 32.59% | 23.73% | 29% | 84% | |
| OCF Margin | 24.74% | 59.47% | 40.39% | 39.74% | 49.23% | 47.86% | 34.69% | 34.53% | 20.57% | 26.85% | 39.18% | 32.40% | 29% | 90% | |
| Gross Profitability | 30.56% | 22.89% | 27.50% | 36.02% | 20.77% | 29.44% | 27.05% | 29.89% | 31.88% | 26.43% | 27.25% | 25.28% | 21% | 45% | |
| Capex Intensity | 3.22% | 2.67% | 3.67% | 8.88% | 10.26% | 7.42% | 6.53% | 7.80% | 6.89% | 10.37% | 6.58% | 8.68% | 71% | 85% | |
| ▸Returns on Capital · 3 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 6 ratios | |||||||||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||||||||
| ▸Leverage · 2 ratios | |||||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 14.2% vs reported ROE 14.3%. 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 | $191.0M | $191.0M | $198.9M | $335.6M | $247.4M | $405.2M | $428.9M | $553.5M | $616.6M | $576.4M | $647.7M | $650.6M |
| YoY % | +0.0% | +4.1% | +68.8% | -26.3% | +63.8% | +5.8% | +29.1% | +11.4% | -6.5% | +12.4% | +0.5% | |
| Cost of Revenue | — | — | $26.3M | $54.7M | $53.5M | $75.4M | $85.5M | $115.0M | $127.9M | $135.4M | $148.5M | $154.1M |
| YoY % | +108.1% | -2.1% | +40.8% | +13.4% | +34.5% | +11.2% | +5.8% | +9.7% | +3.8% | |||
| Gross Profit | $149.7M | $128.0M | $172.6M | $280.9M | $193.9M | $329.8M | $343.4M | $438.5M | $488.7M | $441.1M | $499.2M | $496.5M |
| YoY % | -14.5% | +34.8% | +62.8% | -31.0% | +70.1% | +4.1% | +27.7% | +11.4% | -9.8% | +13.2% | -0.5% | |
| R&D Expense | $41.2M | $44.6M | $42.7M | $49.1M | $53.7M | $71.3M | $83.9M | $99.7M | $117.1M | $130.5M | $157.2M | $146.1M |
| YoY % | +8.5% | -4.2% | +15.0% | +9.3% | +32.7% | +17.7% | +18.8% | +17.4% | +11.5% | +20.5% | -7.1% | |
| SG&A Expense | $28.1M | $29.0M | $32.9M | $46.8M | $47.0M | $59.6M | $61.3M | $80.4M | $77.9M | $67.4M | $74.3M | $74.3M |
| YoY % | +3.2% | +13.2% | +42.4% | +0.4% | +26.8% | +2.9% | +31.0% | -3.1% | -13.5% | +10.2% | +0.0% | |
| Total Operating Expenses | $91.1M | $95.8M | $104.2M | $134.7M | $137.1M | $171.5M | $185.9M | $210.9M | $221.6M | $223.9M | $260.4M | $247.9M |
| YoY % | +5.1% | +8.8% | +29.3% | +1.8% | +25.0% | +8.4% | +13.5% | +5.1% | +1.0% | +16.3% | -4.8% | |
| Operating Income | $58.6M | $32.3M | $68.4M | $146.2M | $56.7M | $158.3M | $157.5M | $227.6M | $267.1M | $217.2M | $238.8M | $248.6M |
| YoY % | -44.9% | +112.0% | +113.8% | -61.2% | +179.1% | -0.5% | +44.5% | +17.3% | -18.7% | +10.0% | +4.1% | |
| Interest Expense | $70,000 | $54,000 | — | — | — | — | — | — | — | — | — | — |
| YoY % | -22.9% | |||||||||||
| Interest & Investment Income | $777,000 | $837,000 | — | — | — | — | — | — | — | — | — | — |
| YoY % | +7.7% | |||||||||||
| Other Non-Operating Income | — | — | -$1.9M | -$4,000 | -$83,000 | $767,000 | $864,000 | $98,000 | -$6.7M | -$184,000 | -$7.4M | $6.5M |
| YoY % | +12.6% | -88.7% | ||||||||||
| Impairment of Real Estate | — | — | — | — | — | — | — | — | — | — | $6.1M | — |
| Pretax Income | — | — | — | — | — | $169.9M | $163.5M | $228.2M | $268.2M | $245.2M | $272.1M | $294.8M |
| YoY % | -3.8% | +39.6% | +17.5% | -8.6% | +11.0% | +8.3% | ||||||
| Income Tax | $17.5M | $18.4M | $20.5M | $45.7M | $5.5M | $31.6M | $30.2M | $44.0M | $58.2M | $42.2M | $50.0M | $52.7M |
| YoY % | +5.2% | +11.7% | +122.4% | -88.0% | +477.6% | -4.6% | +46.0% | +32.1% | -27.5% | +18.7% | +5.3% | |
| Net Income | $41.9M | $103.9M | $48.1M | $103.9M | $58.8M | $138.3M | $133.4M | $184.2M | $210.1M | $203.0M | $222.1M | $242.1M |
| YoY % | +148.2% | -53.7% | +116.1% | -43.4% | +135.1% | -3.6% | +38.1% | +14.0% | -3.4% | +9.4% | +9.0% | |
| Net Income to Common | $41.8M | $102.2M | $47.3M | $102.2M | $58.1M | $137.2M | $132.4M | $183.1M | $208.8M | $202.0M | $221.6M | $241.9M |
| YoY % | +144.6% | -53.7% | +116.0% | -43.1% | +135.9% | -3.5% | +38.3% | +14.1% | -3.3% | +9.7% | +9.2% | |
| EPS (Basic) | $0.90 | $2.19 | $1.02 | $2.19 | $1.24 | $2.92 | $2.80 | $3.87 | $4.41 | $4.25 | $4.66 | $5.09 |
| YoY % | +143.3% | -53.4% | +114.7% | -43.4% | +135.5% | -4.1% | +38.2% | +14.0% | -3.6% | +9.6% | +9.2% | |
| EPS (Diluted) | $0.90 | $2.18 | $1.02 | $2.18 | $1.24 | $2.92 | $2.80 | $3.87 | $4.40 | $4.24 | $4.65 | $5.08 |
| YoY % | +142.2% | -53.2% | +113.7% | -43.1% | +135.5% | -4.1% | +38.2% | +13.7% | -3.6% | +9.7% | +9.2% | |
| Weighted Avg Shares (Basic) | 46.3M | 46.7M | 46.4M | 46.7M | 46.8M | 47.0M | 47.2M | 47.3M | 47.4M | 47.6M | 47.5M | 47.5M |
| YoY % | +1.0% | -0.7% | +0.7% | +0.3% | +0.2% | +0.5% | +0.2% | +0.2% | +0.4% | -0.0% | -0.0% | |
| Weighted Avg Shares (Diluted) | 46.7M | 46.8M | 46.5M | 46.8M | 46.9M | 47.0M | 47.2M | 47.4M | 47.5M | 47.6M | 47.7M | 47.7M |
| YoY % | +0.3% | -0.6% | +0.6% | +0.2% | +0.2% | +0.5% | +0.3% | +0.2% | +0.3% | +0.1% | +0.0% | |
| Dividends Declared per Share | — | — | — | $0 | $0 | $0 | $1 | $1 | $1 | $1 | $2 | $2 |
| YoY % | +100.0% | +66.7% | +50.0% | +33.3% | +50.0% | +16.7% | +14.3% | +12.5% |
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.
| $1.20 |
| +50.0% |
| reported |
| FY20212021-12-31 | $0.80 | +33.3% | reported |
| FY20202020-12-31 | $0.60 | +50.0% | reported |
| FY20192019-12-31 | $0.40 | +66.7% | reported |
| FY20182018-12-31 | $0.24 | +100.0% | reported |
| FY20172017-12-31 | $0.12 | — | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-16 | $0.5000 | 2026-06-30 | quarterly | licensed |
| 2026-03-17 | $0.5000 | 2026-03-31 | quarterly | licensed |
| 2025-12-17 | $0.4500 | 2025-12-31 | quarterly | licensed |
| 2025-09-16 | $0.4500 | — | quarterly | licensed |
| 2025-06-16 | $0.4500 | 2025-06-30 | quarterly | licensed |
| 2025-03-17 | $0.4500 | — | quarterly | licensed |
| 2024-12-17 | $0.4000 | — | quarterly | licensed |
| 2024-09-16 | $0.4000 | — | quarterly | licensed |
