Models
Visible Alpha broker models via S&P Xpressfeed · 12 brokers · 359 line items · freshest revision 2026-07-22.
| Line | FY-2025A | FY-2026A | FY-2027E | FY-2028E | YoY | Brokers |
|---|
| Free Cash Flow | $892.00m | $881.12m | $867.75m | $933.91m | -1.5% | 12 |
| Free Cash flow per share($) | $6.94 | $7.20 | $7.29 | $8.07 | +1.2% | 12 |
| General & administrative expenses | $1.30bn | $1.30bn | $1.29bn | $1.33bn | -0.5% | 12 |
| Income/(loss) before income taxes | $1.19bn | $834.15m | $897.95m | $954.02m | +7.6% | 12 |
| Shares - Diluted(M#) | 128.37m Number | 122.35m Number | 119.04m Number | 115.80m Number | -2.7% | 12 |
| Total costs & expenses | $10.69bn | $9.55bn | $10.32bn | $10.69bn | +8.1% | 12 |
| Billable expenses | $3.79bn | $3.47bn | $3.51bn | $3.63bn | +1.2% | 11 |
| EPS - Diluted - Operating($) | $6.35 | $6.08 | $6.24 | $6.78 | +2.7% | 11 |
| EPS - Diluted($) | $7.17 | $6.50 | $5.93 | $6.44 | -8.8% | 11 |
| Income/(loss) from continuing operations | $904.93m | $797.17m | $703.41m | $741.96m | -11.8% | 11 |
| Line | 2QFY-2026A | 3QFY-2026A | 4QFY-2026A | 1QFY-2027A | 2QFY-2027E | 3QFY-2027E | 4QFY-2027E | 1QFY-2028E | Brokers |
|---|
| Total revenue | $2.97bn | $2.73bn | $2.86bn | $2.82bn | $2.87bn | $2.78bn | $2.94bn | $2.93bn | 12 |
| EPS Diluted, Applicable to common stockholders($) | $1.51 | $1.28 | $1.34 | $1.49 | $1.58 | $1.51 | $1.66 | $1.62 | 12 |
| Free Cash Flow | $320.28m | $182.24m | $142.69m | $155.72m | $237.05m | $220.78m | $256.75m | $157.75m | 10 |
| Free Cash flow per share($) | $2.59 | $1.49 | $1.18 | $1.30 | $1.99 | $1.86 | $2.17 | $1.35 | 10 |
| General & administrative expenses | $357.48m | $321.68m | $347.50m | $315.75m | $320.39m | $320.53m | $332.10m | $331.26m | 12 |
| Line | Period | Median | Q1–Q3 | Min–max | Brokers |
|---|
| Net proceeds from issuance of stock | FY-2027E | $6.00m | $0.00–$28.50m | $0.00–$45.00m | 6 |
| Other increase/(decrease) in current liabilities | FY-2027E | $8.06m | $-17.92m–$16.43m | $-94.35m–$34.00m | 6 |
| Increase/(decrease) in current liabilities | FY-2028E | $24.02m | $-21.41m–$60.41m | $-54.26m–$66.43m | 7 |
| Other (increase)/decrease in current assets | FY-2027E | $-5.57m | $-18.47m–$-1.00m | $-20.00m–$7.14m | 5 |
| Other operating adjustments | FY-2028E | $90.00m | $61.00m–$212.20m | $35.00m–$221.00m | 5 |
Headline P&L consensus, momentum and beat/miss live in the CapIQ tab.