Financhill
Buy
71

FULT Quote, Financials, Valuation and Earnings

Last price:
$20.19
Seasonality move :
4.71%
Day range:
$20.04 - $20.28
52-week range:
$14.33 - $21.40
Dividend yield:
3.58%
P/E ratio:
10.54x
P/S ratio:
1.95x
P/B ratio:
1.13x
Volume:
1.3M
Avg. volume:
1.8M
1-year change:
3.23%
Market cap:
$3.6B
Revenue:
$1.8B
EPS (TTM):
$1.91
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $968M $1B $1.1B $1.5B $1.8B
Revenue Growth (YoY) -7.08% 3.45% 9.36% 37.35% 21.03%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $3.1M $33.5M -$27K -$733K -$20.3M
Operating Expenses -$212.8M -$334.2M -$357.3M -$348.7M -$345.3M
Operating Income $212.8M $334.2M $357.3M $348.7M $345.3M
 
Net Interest Expenses $43.6M $29.7M $39.4M $126.7M $100M
EBT. Incl. Unusual Items $202.2M $334.2M $347M $348.7M $344.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $24.2M $58.7M $60M $64.4M $55.9M
Net Income to Company $178M $275.5M $287M $284.3M $288.7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $178M $275.5M $287M $284.3M $288.7M
 
Basic EPS (Cont. Ops) $1.10 $1.63 $1.69 $1.66 $1.59
Diluted EPS (Cont. Ops) $1.09 $1.62 $1.67 $1.64 $1.57
Weighted Average Basic Share $162.4M $162.2M $164.1M $165.2M $175.5M
Weighted Average Diluted Share $163.1M $163.3M $165.5M $166.8M $177.2M
 
EBITDA -- -- -- -- --
EBIT $315.9M $393.9M $430.2M $767.7M $966.5M
 
Revenue (Reported) $968M $1B $1.1B $1.5B $1.8B
Operating Income (Reported) $212.8M $334.2M $357.3M $348.7M $345.3M
Operating Income (Adjusted) $315.9M $393.9M $430.2M $767.7M $966.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $246.4M $291.5M $389.2M $495.6M $481.7M
Revenue Growth (YoY) 2.43% 18.27% 33.53% 27.34% -2.8%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -- -$53K -- -$1K --
Operating Expenses -$89.9M -$93.2M -$88.8M -$101.6M -$127.8M
Operating Income $89.9M $93.2M $88.8M $101.6M $127.8M
 
Net Interest Expenses $6.3M $8.1M $32.4M $24.3M $16.6M
EBT. Incl. Unusual Items $89.9M $86.2M $88.8M $79.7M $127.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $14.3M $15.4M $16.7M $16.5M $27.3M
Net Income to Company $75.6M $70.9M $72.1M $63.2M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $75.6M $70.9M $72.1M $63.2M $100.5M
 
Basic EPS (Cont. Ops) $0.45 $0.41 $0.42 $0.33 $0.54
Diluted EPS (Cont. Ops) $0.45 $0.40 $0.42 $0.33 $0.53
Weighted Average Basic Share $162.5M $167.4M $164.6M $181.9M $181.7M
Weighted Average Diluted Share $163.5M $168.8M $166M $183.6M $183.3M
 
EBITDA -- -- -- -- --
EBIT $102.7M $104.3M $205.4M $249.3M $274.6M
 
Revenue (Reported) $246.4M $291.5M $389.2M $495.6M $481.7M
Operating Income (Reported) $89.9M $93.2M $88.8M $101.6M $127.8M
Operating Income (Adjusted) $102.7M $104.3M $205.4M $249.3M $274.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $1B $1B $1.4B $1.7B $1.9B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -$489K $34M $18K -$21M --
Operating Expenses -$345.1M -$317.6M -$366.8M -$327.7M -$464.4M
Operating Income $345.1M $317.6M $366.8M $327.7M $464.4M
 
Net Interest Expenses $33.7M $26M $116.8M $110.7M $71.7M
EBT. Incl. Unusual Items $310M $330.2M $365M $339.4M $451.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $45.5M $63.2M $63.1M $55M $90.5M
Net Income to Company $264.4M $267M $301.9M $284.4M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $264.4M $267M $301.9M $284.4M $361.3M
 
Basic EPS (Cont. Ops) $1.57 $1.58 $1.75 $1.60 $1.93
Diluted EPS (Cont. Ops) $1.56 $1.57 $1.74 $1.59 $1.91
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -- --
EBIT $379.6M $383.6M $699.7M $926.7M $1.1B
 
Revenue (Reported) $1B $1B $1.4B $1.7B $1.9B
Operating Income (Reported) $345.1M $317.6M $366.8M $327.7M $464.4M
Operating Income (Adjusted) $379.6M $383.6M $699.7M $926.7M $1.1B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $757.7M $770.1M $1.1B $1.3B $1.4B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -$489K -$26K $19K -$20.3M -$2K
Operating Expenses -$286.3M -$258.2M -$267.7M -$246.7M -$365.9M
Operating Income $286.3M $258.2M $267.7M $246.7M $365.9M
 
Net Interest Expenses $23.5M $19.8M $97.2M $81.2M $52.8M
EBT. Incl. Unusual Items $253.8M $249.8M $267.7M $258.4M $365.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $40.2M $44.6M $47.7M $38.3M $72.9M
Net Income to Company $213.6M $205.1M $220M $220.1M $192.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $213.6M $205.1M $220M $220.1M $292.6M
 
Basic EPS (Cont. Ops) $1.27 $1.21 $1.28 $1.23 $1.57
Diluted EPS (Cont. Ops) $1.26 $1.20 $1.27 $1.21 $1.55
Weighted Average Basic Share $487.7M $488.9M $497M $519.9M $546.1M
Weighted Average Diluted Share $491.1M $492.8M $501.6M $525.1M $551.2M
 
EBITDA -- -- -- -- --
EBIT $301.3M $291M $560.5M $719.5M $808.7M
 
Revenue (Reported) $757.7M $770.1M $1.1B $1.3B $1.4B
Operating Income (Reported) $286.3M $258.2M $267.7M $246.7M $365.9M
Operating Income (Adjusted) $301.3M $291M $560.5M $719.5M $808.7M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $120.5M $172.3M $126.9M $300.3M $279M
Short Term Investments $3.1B $3.2B $2.6B $2.4B $2.3B
Accounts Receivable, Net $72.9M $57.5M $91.6M $108M $117M
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $1.9B $1.7B $779.3M $658.6M $1.2B
 
Property Plant And Equipment $315.7M $302.8M $310.2M $311.1M $336.5M
Long-Term Investments $2.5B $1.9B $1.1B $753.1M $1.4B
Goodwill $533.4M $534.3M $550.5M $553.3M $553.3M
Other Intangibles $3.3M $3.8M $10.3M $7.3M $82.1M
Other Long-Term Assets -- -- -- -- --
Total Assets $26B $25.9B $27B $27.7B $32.2B
 
Accounts Payable $10.4M $7M $10.2M $35.1M $31.6M
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $630.1M -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $20.7B $15.6B $15.5B $14.3B $17.8B
 
Long-Term Debt $1.4B $629.3M $1.9B $1.5B $1.3B
Capital Leases -- -- -- -- --
Total Liabilities $23.4B $23.2B $24.5B $24.9B $29B
 
Common Stock $557.9M $559.8M $561.5M $564.4M $614.9M
Other Common Equity Adj -- -- -- -- --
Common Equity $2.4B $2.5B $2.4B $2.6B $3B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $2.6B $2.7B $2.6B $2.8B $3.2B
 
Total Liabilities and Equity $26B $25.9B $27B $27.7B $32.2B
Cash and Short Terms $4.9B $4.8B $3.3B $2.9B $3.4B
Total Debt $1.4B $694.6M $1.9B $2.3B $1.3B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $260.6M $143.5M $304M $296.5M $307.3M
Short Term Investments $1.3B $949.9M $1B $2.2B --
Accounts Receivable, Net $57.9M $72.8M $101.6M $115.9M --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $2.5B $607.4M $524.6M $1.6B $930.5M
 
Property Plant And Equipment $228.2M $221.5M $215.6M $307.5M $178.6M
Long-Term Investments $2.7B $684.6M $500.3M $1.5B $831.8M
Goodwill $536.7M -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $26.4B $26.1B $27.4B $32.2B $32B
 
Accounts Payable $5.2M $5.7M $26.8M $36.7M --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $469M -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $14.1B $13.7B $12.5B $13.9B $13.2B
 
Long-Term Debt $627.4M $805M $1.3B $1.6B $1.5B
Capital Leases -- -- -- -- --
Total Liabilities $23.7B $23.7B $24.8B $29B $28.6B
 
Common Stock $559.6M $561.3M $564.3M $614.7M $617.7M
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $2.7B $2.5B $2.6B $3.2B $3.4B
 
Total Liabilities and Equity $26.4B $26.1B $27.4B $32.2B $32B
Cash and Short Terms $3.5B $1.5B $1.5B $3.6B --
Total Debt $627.4M $805M $1.3B $1.6B $1.5B
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $178M $275.5M $287M $284.3M $288.7M
Depreciation & Amoritzation $29.3M $29.4M $31.9M $33M $57M
Stock-Based Compensation $7.5M $8.4M $14M $12.5M $10.5M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $154.5M $342.3M $598.3M $363M $416.6M
 
Capital Expenditures $20.2M $17.7M $21.2M $33M $42.5M
Cash Acquisitions $1.9M $2M $21.8M -- --
Cash From Investing -$2.5B -$214M -$1.5B -$809.2M $1.6B
 
Dividends Paid (Ex Special Dividend) $91M $112M $116M $115.7M $131.7M
Special Dividend Paid
Long-Term Debt Issued $375M -- $1.6B -- --
Long-Term Debt Repaid -$217.7M -$923.3M -$81.5M -$384.4M -$2.1B
Repurchase of Common Stock $39.7M $43.9M -- $77.1M $30.3M
Other Financing Activities -- -- -- -- --
Cash From Financing $3.7B -$337.5M -$15.9M $314M -$1.2B
 
Beginning Cash (CF) $517.8M $1.8B $1.6B $681.9M $549.7M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1.3B -$209.2M -$956.7M -$132.2M $514.2M
Ending Cash (CF) $1.8B $1.6B $681.9M $549.7M $1.1B
 
Levered Free Cash Flow $134.3M $324.6M $577M $330M $374.1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $75.6M $70.9M $72.1M $63.2M --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation $2.2M $3.8M $3.7M $3.7M $4M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $88.6M $534.9M $203.5M -$32.4M $116.1M
 
Capital Expenditures $6.7M $3.8M $6.8M -$2.3M $746K
Cash Acquisitions -$292K $21.8M -- -- --
Cash From Investing $243M -$258.9M -$94.3M -$357.4M $65.4M
 
Dividends Paid (Ex Special Dividend) $25.4M $26.7M $30.3M $32.2M $35.3M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -$620K $143.6M -- -- --
Long-Term Debt Repaid -$64.2M -$16.4M -- -- --
Repurchase of Common Stock $26.1M -- $30.5M -- $31M
Other Financing Activities -- -- -- -- --
Cash From Financing $235.4M -$196.9M -$193.4M $434.1M -$172M
 
Beginning Cash (CF) $1.9B $449.7M $504.7M $1.4B --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $567M $79M -$84.2M $44.4M $9.5M
Ending Cash (CF) $2.5B $528.7M $420.5M $1.4B --
 
Levered Free Cash Flow $81.9M $531.1M $196.6M -$30.1M $115.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $264.4M $267M $301.9M $284.4M --
Depreciation & Amoritzation $28.4M $32M $32.8M $42.8M --
Stock-Based Compensation $8.3M $12.4M $11.8M $12M $12.5M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $447.2M $539.3M $499.4M $231.3M $336.4M
 
Capital Expenditures $19M $10.4M $29.1M $16.3M $55.4M
Cash Acquisitions $1.6M $24.1M $15K -- --
Cash From Investing -$81.4M -$1.2B -$1.4B $1.8B -$403M
 
Dividends Paid (Ex Special Dividend) $101.5M $116.5M $122.9M $126.5M $141.7M
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$727.8M -$140.7M -- -- --
Repurchase of Common Stock $26.1M $17.8M $70.9M $36.5M $46.1M
Other Financing Activities -- -- -- -- --
Cash From Financing $570.4M -$1.3B $801.5M -$1B -$222.3M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $936.1M -$1.9B -$108.3M $1B -$626.5M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $428.1M $529M $470.4M $214.9M $281M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $213.6M $205.1M $220M $220.1M $192.2M
Depreciation & Amoritzation $7M $7.7M $8M $8.4M $26M
Stock-Based Compensation $6.2M $10.2M $8M $7.5M $9.5M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $322.2M $519.2M $420.4M $288.7M $208.5M
 
Capital Expenditures $17.3M $10M $17.9M $1.2M $14.2M
Cash Acquisitions -$292K $21.8M -- -- --
Cash From Investing $25.7M -$928.4M -$798.5M $1.8B -$204.6M
 
Dividends Paid (Ex Special Dividend) $74M $78.4M $85.3M $96.1M $106.1M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $183.5M -- -- --
Long-Term Debt Repaid -$864.2M -$81.5M -- -- --
Repurchase of Common Stock $26.1M -- $70.9M $30.3M $46.1M
Other Financing Activities -- -- -- -- --
Cash From Financing $275.3M -$700.7M $116.6M -$1.2B -$253.6M
 
Beginning Cash (CF) $5.4B $3.2B $1.8B $2.3B $2.1B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $623.2M -$1.1B -$261.5M $891M -$249.7M
Ending Cash (CF) $6B $2.1B $1.5B $3.2B $1.8B
 
Levered Free Cash Flow $304.8M $509.2M $402.5M $287.4M $194.3M

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