Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| Q4 23 | $4.48 | $4.44 | -0.9% | — | $937.3M | — |
| Q3 23 | $4.5 | $4.49 | -0.2% | — | $970.9M | — |
| Q2 23 | $4.17 | $4.19 | +0.5% | — | $948.2M | — |
| Q1 23 | $3.69 | $3.8 | +3.0% | — | $901.3M | — |
| Q4 22 | $3.93 | $4.04 | +2.8% | — | — | — |
| Q3 22 | $4.18 | $4.24 | +1.4% | — | — | — |
| Q2 22 | $3.82 | $4.17 | +9.2% | — | — | — |
| Q1 22 | $3.53 | $3.65 | +3.4% | — | — | — |
| Q4 21 | $3.6 | $3.72 | +3.3% | — | — | — |
| Q3 21 | $3.48 | $3.52 | +1.1% | — | — | — |
| Q2 21 | $2.94 | $3.15 | +7.1% | — | — | — |
| Q1 21 | $2.73 | $2.82 | +3.3% | — | — | — |
| Q4 20 | $2.81 | $3.01 | +7.1% | — | — | — |
| Q3 20 | $2.65 | $2.8 | +5.7% | — | — | — |
| Q2 20 | $2.17 | $2.28 | +5.1% | — | — | — |
| Q1 20 | $2.83 | $3 | +6.0% | — | — | — |
Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY23 | — | $13.4 | — | — | $3.8B | — |
| FY22 | — | $12.6 | — | — | $3.4B | — |
| FY21 | — | $10.2 | — | — | $2.8B | — |
| FY20 | — | $8.38 | — | — | $2.4B | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|
| Revenue | $2.4B | $2.8B | $3.4B | $3.8B |
| YoY change | — | +18.6% | +20.9% | +9.65% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|---|---|---|---|---|
| Revenue | $901.3M | $948.2M | $970.9M | $937.3M | $935.3M |
| YoY change | — | — | — | — | +3.76% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|
| Revenue | 2.4B | 2.8B | 3.4B | 3.8B |
| Cost of revenue | 596.4M | 559.8M | 764.7M | 819.9M |
| Gross profit | 1.8B | 2.3B | 2.7B | 2.9B |
| Gross margin | 75% | 80.2% | 77.7% | 78.2% |
| Research & development | — | — | — | — |
| Selling, general & administrative | 567.4M | 747.9M | 893.2M | 943.6M |
| Operating expenses | 565.4M | 747.2M | 893.5M | 944.3M |
| Operating income | 972.3M | 1.2B | 1.4B | 1.7B |
| Operating margin | 40.7% | 43.8% | 42.2% | 44.1% |
| Non-operating income, net | 40.1M | -20M | -6.3M | 16.7M |
| Pretax income | 882.5M | 1.1B | 1.3B | 1.3B |
| Income tax | 178.3M | 269.3M | 321.3M | 343.1M |
| Net income | 704.2M | 839.5M | 954.3M | 981.9M |
| Net margin | 29.5% | 29.6% | 27.8% | 26.1% |
| EBITDA | 1.2B | 1.5B | 1.8B | 2B |
| EPS | 8.38 | 10.2 | 12.6 | 13.4 |
| Diluted EPS | 8.12 | 9.99 | 12.4 | 13.2 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|---|---|---|---|---|
| Revenue | 901.3M | 948.2M | 970.9M | 937.3M | 935.3M |
| Cost of revenue | 205M | 205.3M | 208.2M | 201.5M | 207.4M |
| Gross profit | 696.4M | 742.9M | 762.7M | 735.9M | 727.8M |
| Gross margin | 77.3% | 78.4% | 78.6% | 78.5% | 77.8% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 236.3M | 245.8M | 233.8M | 227.7M | 245.4M |
| Operating expenses | 236.9M | 246.6M | 232.9M | 227.9M | 245.7M |
| Operating income | 375.2M | 412.6M | 445M | 424.1M | 397.3M |
| Operating margin | 41.6% | 43.5% | 45.8% | 45.2% | 42.5% |
| Non-operating income, net | -556K | 2.4M | 13.4M | 1.5M | -3M |
| Pretax income | 294.8M | 326.6M | 370.1M | 333.5M | 305.3M |
| Income tax | 80M | 86.9M | 98.6M | 77.6M | 75.5M |
| Net income | 214.8M | 239.7M | 271.5M | 255.9M | 229.8M |
| Net margin | 23.8% | 25.3% | 28% | 27.3% | 24.6% |
| EBITDA | 458.7M | 498.8M | 543.2M | 509.5M | 479M |
| EPS | 2.92 | 3.24 | 3.71 | 3.55 | 3.2 |
| Diluted EPS | 2.88 | 3.2 | 3.64 | 3.48 | 3.12 |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|---|
| Cash & short-term investments | 1B | — | 934.9M | 1.5B | 1.4B | 1.4B |
| Receivables | 1.4B | — | 1.4B | 1.8B | 2.1B | 2.2B |
| Inventory | — | — | — | — | — | — |
| Total current assets | 3.9B | — | 4B | 5.5B | 6.1B | 7.1B |
| Property, plant & equipment | 164.3M | — | 172M | 202.8M | 258.9M | 301.6M |
| Goodwill & intangibles | 13.9B | — | 13.7B | 14.8B | 14.7B | 15.5B |
| Total assets | 11.2B | — | 11.2B | 13.4B | 14.1B | 15.5B |
| Accounts payable | 1.1B | — | 1.1B | 1.4B | 1.6B | 1.6B |
| Short-term debt | 2.1B | — | 1.2B | 1.5B | 2.3B | 2.1B |
| Total current liabilities | 4.2B | — | 4B | 5.3B | 6B | 6.8B |
| Long-term debt | 2.7B | — | 3.1B | 4.5B | 4.7B | 4.6B |
| Total liabilities | 7.1B | — | 7.8B | 10.5B | 11.5B | 12.2B |
| Shareholders' equity | 2.9B | — | 3.4B | 2.9B | 2.5B | 3.3B |
| Total debt | 4.8B | — | 4.3B | 6B | 7B | 6.7B |
| Net debt | 3.8B | — | 3.4B | 4.5B | 5.6B | 5.3B |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|---|---|---|---|---|
| Cash & short-term investments | 1.3B | 1.3B | 1.1B | 1.4B | 1.3B |
| Receivables | 2.4B | 2.5B | 2.7B | 2.2B | 2.4B |
| Inventory | — | — | — | — | — |
| Total current assets | 6.4B | 6.9B | 6.9B | 7.1B | 7.4B |
| Property, plant & equipment | — | — | — | 301.6M | — |
| Goodwill & intangibles | 15.2B | 15.2B | 15.4B | 15.5B | 15.4B |
| Total assets | 14.6B | 15.2B | 15.3B | 15.5B | 15.8B |
| Accounts payable | 1.9B | 1.7B | 1.9B | 1.6B | 1.8B |
| Short-term debt | 2.1B | 2.1B | 2.3B | 2.1B | 1.9B |
| Total current liabilities | 6.2B | 6.4B | 6.7B | 6.8B | 7B |
| Long-term debt | 4.7B | 4.7B | 4.6B | 4.6B | 4.9B |
| Total liabilities | 11.7B | 11.9B | 12.2B | 12.2B | 12.5B |
| Shareholders' equity | 2.9B | 3.3B | 3.1B | 3.3B | 3.3B |
| Total debt | 6.8B | 6.7B | 7B | 6.7B | 6.8B |
| Net debt | 5.5B | 5.5B | 5.9B | 5.3B | 5.5B |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | 22.9B | 18.4B | 13.9B | 20.7B | 28.6B |
| Enterprise value | — | — | 26.3B | 22.8B | 19.5B | 26B | 33.9B |
| Shares outstanding | — | — | 84M | 82.1M | 75.6M | 73.2M | 73.2M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | 32.5 | 21.9 | 14.6 | 21.1 | 23 |
| P/S | — | — | 9.59 | 6.48 | 4.05 | 5.5 | 7.61 |
| P/B | — | — | 6.83 | 6.41 | 5.46 | 6.3 | 8.7 |
| EV/EBITDA | — | — | 21.2 | 15 | 11 | 12.9 | 16.9 |
| EV/Sales | — | — | 11 | 8.06 | 5.69 | 6.92 | 9.03 |
| Earnings yield | — | — | 3.07% | 4.57% | 6.87% | 4.75% | 4.35% |
| FCF yield | — | — | 6.08% | 5.91% | 4.35% | 9.42% | 39.1% |
| PEG | — | — | — | — | — | — | 2.4 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|
| Gross margin | — | — | 75% | 80.2% | 77.7% | 78.2% | 77.8% |
| Operating margin | — | — | 40.7% | 43.8% | 42.2% | 44.1% | 44.5% |
| Net margin | — | — | 29.5% | 29.6% | 27.8% | 26.1% | 78.2% |
| ROE | — | — | 21% | 29.3% | 37.5% | 29.9% | 29.9% |
| ROA | — | — | 6.29% | 6.26% | 6.77% | 6.34% | 6.34% |
| ROIC | — | — | 11.5% | 12.8% | 13.3% | 14.3% | 14.3% |
| Return on tangible assets | — | — | -28.4% | -59% | -165.8% | 6.5K% | 239.4% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|
| Current ratio | — | — | 1 | 1.04 | 1.01 | 1.04 | 1.07 |
| Quick ratio | — | — | 1 | 1.04 | 1.01 | 1.04 | 1.07 |
| Debt / equity | — | — | 1.28 | 2.09 | 2.77 | 2.05 | 0.02 |
| Debt / assets | — | — | 0.38 | 0.45 | 0.5 | 0.43 | 0.43 |
| Net debt / EBITDA | — | — | 2.72 | 2.93 | 3.17 | 2.65 | 2.69 |
| Interest coverage | — | — | 7.8 | 10.8 | 8.75 | 4.8 | 4.73 |
| Effective tax rate | — | — | 20.2% | 24.3% | 25.2% | 25.9% | 25.4% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | — | — | 28.4 | 34.5 | 45.3 | 51.4 | 51.4 |
| EPS (basic) | — | — | 8.38 | 10.2 | 12.6 | 13.4 | 13.4 |
| EPS (diluted) | — | — | 8.12 | 9.99 | 12.4 | 13.2 | 13.2 |
| Book value per share | — | — | 39.9 | 34.9 | 33.6 | 44.9 | 45.7 |
| FCF per share | — | — | 16.6 | 13.2 | 7.98 | 26.6 | 19.2 |
| Cash per share | — | — | 11.1 | 18.5 | 19 | 19 | 17.8 |
| Capex per share | — | — | 0.93 | 1.36 | 2 | 2.1 | 2.15 |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | Current |
|---|---|---|---|---|---|---|---|
| Capex / revenue | — | — | 3.28% | 3.94% | 4.42% | 4.09% | 4.17% |
| Capex / operating cash flow | — | — | 6.4% | 11.1% | 23.7% | 8.01% | 14.5% |
| Payout ratio | — | — | 0% | — | — | — | — |
| Dividend yield | — | — | 0% | — | — | — | — |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|
| Net income | 704.2M | 839.5M | 954.3M | 981.9M |
| Depreciation & amortization | 254.8M | 284.2M | 322.3M | 336.6M |
| Stock-based compensation | 43.4M | 80.1M | 121.4M | 116.1M |
| Change in working capital | 201.9M | -218.9M | -735M | 524.6M |
| Operating cash flow | 1.2B | 1B | 639.3M | 1.9B |
| Capital expenditure | -78.4M | -111.5M | -151.4M | -153.8M |
| Investing cash flow | -106.2M | -715.9M | -368.3M | -380.7M |
| Dividends paid | 0 | — | — | — |
| Share repurchases | -849.9M | -1.4B | -1.4B | -686.9M |
| Financing cash flow | -1.4B | 343.9M | -311.2M | -898.2M |
| Net change in cash | -298.5M | 629.9M | -40.3M | 641.5M |
| Free cash flow | 1.4B | 1.1B | 603.4M | 1.9B |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q1 23 | Q2 23 | Q3 23 | Q4 23 | Q1 24 |
|---|---|---|---|---|---|
| Net income | 214.8M | 239.7M | 271.5M | 255.9M | 229.8M |
| Depreciation & amortization | 84.2M | 83.7M | 84.8M | 83.9M | 84.8M |
| Stock-based compensation | 26.1M | 34.7M | 29.1M | 26.2M | 25M |
| Change in working capital | 471.4M | -473.5M | -433.6M | 595M | -4.9M |
| Operating cash flow | 798.5M | -124.1M | -54.5M | 935.2M | 337.6M |
| Capital expenditure | -36.7M | -42.2M | -38.2M | -36.7M | -41.2M |
| Investing cash flow | -159M | -42.2M | -144.4M | -35.1M | -102.3M |
| Dividends paid | — | — | — | — | — |
| Share repurchases | -9.6M | -2.4M | -534.9M | -139.9M | -288.8M |
| Financing cash flow | -220.7M | -4.9B | -2.2B | 6.4B | -158.6M |
| Net change in cash | 418.7M | -5B | -2.4B | 7.3B | 76.7M |
| Free cash flow | 840.9M | -93.2M | 39M | 1.2B | 309M |