Financhill
Buy
62

INDB Quote, Financials, Valuation and Earnings

Last price:
$75.70
Seasonality move :
6.39%
Day range:
$75.41 - $76.05
52-week range:
$52.15 - $78.17
Dividend yield:
3.09%
P/E ratio:
18.45x
P/S ratio:
3.13x
P/B ratio:
1.06x
Volume:
217.3K
Avg. volume:
321.9K
1-year change:
14.52%
Market cap:
$3.8B
Revenue:
$978.5M
EPS (TTM):
$4.10
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $497.6M $525.6M $755M $916.4M $978.5M
Revenue Growth (YoY) -10.82% 5.63% 43.64% 21.38% 6.78%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $8.3M $3.3M $2.9M $3.3M $2.1M
Operating Expenses -$151.3M -$197.5M -$354.9M -$315.1M -$249.1M
Operating Income $151.3M $197.5M $354.9M $315.1M $249.1M
 
Net Interest Expenses $7M $5.4M $4.9M $44.5M $44.1M
EBT. Incl. Unusual Items $152.8M $156.7M $347.8M $315.1M $247.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $31.7M $35.7M $83.9M $75.6M $55M
Net Income to Company $121.2M $121M $263.8M $239.5M $192.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $121.2M $121M $263.8M $239.5M $192.1M
 
Basic EPS (Cont. Ops) $3.64 $3.47 $5.69 $5.42 $4.52
Diluted EPS (Cont. Ops) $3.64 $3.47 $5.69 $5.42 $4.52
Weighted Average Basic Share $33.3M $34.9M $46.4M $44.2M $42.5M
Weighted Average Diluted Share $33.3M $34.9M $46.4M $44.2M $42.5M
 
EBITDA -- -- -- -- --
EBIT $187.2M $170.4M $377.3M $504.3M $538.2M
 
Revenue (Reported) $497.6M $525.6M $755M $916.4M $978.5M
Operating Income (Reported) $151.3M $197.5M $354.9M $315.1M $249.1M
Operating Income (Adjusted) $187.2M $170.4M $377.3M $504.3M $538.2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $119.6M $198.1M $236.4M $249M $333.5M
Revenue Growth (YoY) -2.55% 65.59% 19.36% 5.3% 33.96%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $586K $471K $842K $1.1M --
Operating Expenses -$56.1M -$95.1M -$80.1M -$55.3M -$68.3M
Operating Income $56.1M $95.1M $80.1M $55.3M $68.3M
 
Net Interest Expenses $1.3M $1.3M $12.3M $7.8M $10.7M
EBT. Incl. Unusual Items $54.1M $95.1M $80.1M $55.3M $44.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $14.1M $23.2M $19.3M $12.4M $10.1M
Net Income to Company $40M $71.9M $60.8M $42.9M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $40M $71.9M $60.8M $42.9M $34.3M
 
Basic EPS (Cont. Ops) $1.21 $1.57 $1.38 $1.01 $0.69
Diluted EPS (Cont. Ops) $1.21 $1.57 $1.38 $1.01 $0.69
Weighted Average Basic Share $33M $45.8M $44.1M $42.5M $49.9M
Weighted Average Diluted Share $33.1M $45.9M $44.1M $42.5M $50M
 
EBITDA -- -- -- -- --
EBIT $57.1M $102.4M $133.2M $130.1M $135.8M
 
Revenue (Reported) $119.6M $198.1M $236.4M $249M $333.5M
Operating Income (Reported) $56.1M $95.1M $80.1M $55.3M $68.3M
Operating Income (Adjusted) $57.1M $102.4M $133.2M $130.1M $135.8M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $491.4M $698.8M $896.2M $968.5M $1.1B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -$712K $3.9M $3.9M $2.5M --
Operating Expenses -$202.4M -$291.9M -$345.2M -$254.6M -$257.7M
Operating Income $202.4M $291.9M $345.2M $254.6M $257.7M
 
Net Interest Expenses $5.3M $4.9M $33.3M $49.2M $36M
EBT. Incl. Unusual Items $203M $246.3M $344.5M $255.1M $230.3M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $49M $57.9M $82.8M $58.3M $50.5M
Net Income to Company $153.9M $188.5M $261.7M $196.9M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $153.9M $188.5M $261.7M $196.9M $179.8M
 
Basic EPS (Cont. Ops) $4.66 $4.06 $5.85 $4.60 $4.11
Diluted EPS (Cont. Ops) $4.66 $4.05 $5.84 $4.60 $4.10
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -- --
EBIT $218.7M $263.6M $487.4M $536.6M $530.5M
 
Revenue (Reported) $491.4M $698.8M $896.2M $968.5M $1.1B
Operating Income (Reported) $202.4M $291.9M $345.2M $254.6M $257.7M
Operating Income (Adjusted) $218.7M $263.6M $487.4M $536.6M $530.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $369.3M $542.1M $681.2M $730.2M $829.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $875K $1.5M $2.5M $1.7M $1.1M
Operating Expenses -$161.6M -$255.2M -$244.9M -$183.6M -$194.6M
Operating Income $161.6M $255.2M $244.9M $183.6M $194.6M
 
Net Interest Expenses $4M $3.5M $31.8M $36.6M $28.5M
EBT. Incl. Unusual Items $157.8M $247.5M $244.2M $184.2M $167.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $38.5M $60.7M $59.5M $42.1M $37.6M
Net Income to Company $119.3M $186.8M $184.7M $142M $95.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $119.3M $186.8M $184.7M $142M $129.8M
 
Basic EPS (Cont. Ops) $3.61 $4.01 $4.16 $3.34 $2.93
Diluted EPS (Cont. Ops) $3.61 $4.01 $4.16 $3.34 $2.93
Weighted Average Basic Share $99.1M $139.9M $133.3M $127.5M $135.1M
Weighted Average Diluted Share $99.1M $139.9M $133.3M $127.5M $135.2M
 
EBITDA -- -- -- -- --
EBIT $168.1M $261.3M $371.4M $403.6M $395.9M
 
Revenue (Reported) $369.3M $542.1M $681.2M $730.2M $829.1M
Operating Income (Reported) $161.6M $255.2M $244.9M $183.6M $194.6M
Operating Income (Adjusted) $168.1M $261.3M $371.4M $403.6M $395.9M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $169.5M $141.6M $175.8M $178.9M $187.8M
Short Term Investments $412.9M $1.6B $1.4B $1.3B $147.3M
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $1.3B $2.3B $370.1M $242.6M $236.8M
 
Property Plant And Equipment $166.1M $255.8M $255.4M $247.1M $247.8M
Long-Term Investments $1.4B $2.2B $255.3M $151.1M $128.2M
Goodwill $506.2M $985.1M $985.1M $985.1M $985.1M
Other Intangibles $23.1M $32.8M $25.1M $18.2M $12.3M
Other Long-Term Assets -- -- -- -- --
Total Assets $13.2B $20.4B $19.3B $19.3B $19.4B
 
Accounts Payable -- -- -- -- --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $6.8B $10.3B $9.8B $10.6B $10.7B
 
Long-Term Debt $186.3M $175M $160.4M $155.7M $106M
Capital Leases -- -- -- -- --
Total Liabilities $11.5B $17.4B $16.4B $16.5B $16.4B
 
Common Stock $328K $472K $455K $427K $423K
Other Common Equity Adj $40.7M $2.2M -$163.1M -$114.8M -$90M
Common Equity $1.7B $3B $2.9B $2.9B $3B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $1.7B $3B $2.9B $2.9B $3B
 
Total Liabilities and Equity $13.2B $20.4B $19.3B $19.3B $19.4B
Cash and Short Terms $1.7B $3.8B $1.8B $1.6B $367.2M
Total Debt $186.3M $175M $160.4M $155.7M $106M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $138.1M $172.6M $176.9M $199M $203.4M
Short Term Investments $1.4B $1.4B $1.4B $1.2B --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $2B $1B $238.4M $441.9M $931.9M
 
Property Plant And Equipment $123.5M $198.4M $191.6M $192.2M $221.2M
Long-Term Investments $2B $855.8M $176M $315.4M $784.1M
Goodwill $506.2M $985.1M $985.1M $985.1M --
Other Intangibles $19.1M $26.9M $19.8M $13.7M --
Other Long-Term Assets -- -- -- -- --
Total Assets $14.5B $19.7B $19.4B $19.4B $25B
 
Accounts Payable -- -- -- -- --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $7B $9.1B $7.6B $7.5B $9.8B
 
Long-Term Debt $157M $113.4M $1B $663.4M $775.4M
Capital Leases -- -- -- -- --
Total Liabilities $12.8B $16.9B $16.5B $16.4B $21.4B
 
Common Stock $329K $454K $440K $423K $495K
Other Common Equity Adj $18.6M -$179.1M -$160.7M -$77.2M --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $1.8B $2.8B $2.9B $3B $3.5B
 
Total Liabilities and Equity $14.5B $19.7B $19.4B $19.4B $25B
Cash and Short Terms $3.4B $2.4B $1.6B $1.7B --
Total Debt $157M $113.4M $1B $663.4M $775.4M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $121.2M $121M $263.8M $239.5M $192.1M
Depreciation & Amoritzation $27.3M $32.8M $38.8M $36.1M $40.9M
Stock-Based Compensation $4.1M $4.3M $4.5M $6.4M $6.5M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $65.3M $191.1M $421.4M $278.1M $229.2M
 
Capital Expenditures $12.8M $65.4M $22.2M $16M $20.5M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$488.9M -$64M -$1B -$212.7M -$32.3M
 
Dividends Paid (Ex Special Dividend) $60.8M $62.7M $93.7M $98M $96.2M
Special Dividend Paid
Long-Term Debt Issued -- -- -- $1.1B --
Long-Term Debt Repaid -$122.2M -$604.8M -$39.1M -- -$517M
Repurchase of Common Stock $96.3M $1.2M $141M $190.1M $31.8M
Other Financing Activities -- -- -- -- --
Cash From Financing $1.6B $817M -$1.3B -$193.9M -$201.4M
 
Beginning Cash (CF) $151M $1.3B $2.2B $352.9M $224.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1.1B $944M -$1.9B -$128.6M -$4.4M
Ending Cash (CF) $1.3B $2.2B $352.9M $224.3M $219.9M
 
Levered Free Cash Flow $52.5M $125.7M $399.1M $262.1M $208.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $40M $71.9M $60.8M $42.9M --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation $707K $1M $1.1M $1.5M $2.2M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $39.1M $133.3M $81.3M $70.3M $52M
 
Capital Expenditures $9.2M $1.9M $2.9M $5.9M $2.5M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$530.8M -$290.2M -$56.3M $62.5M $72.7M
 
Dividends Paid (Ex Special Dividend) $15.9M $23.6M $24.3M $24.2M $25.2M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $99.1M -- --
Long-Term Debt Repaid -$14.7M -$25M -- -$30M --
Repurchase of Common Stock $3K $34.6M $27K $20K $23.4M
Other Financing Activities -- -- -- -- --
Cash From Financing $243.1M -$383.1M -$113.1M -$22.2M -$115.1M
 
Beginning Cash (CF) $2.3B $1.5B $308.3M $313.9M --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$248.6M -$540M -$88.1M $110.6M $9.6M
Ending Cash (CF) $2B $936.3M $220.1M $424.5M --
 
Levered Free Cash Flow $29.9M $131.4M $78.3M $64.4M $49.5M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $153.9M $188.5M $261.7M $196.9M --
Depreciation & Amoritzation $30.8M $37.8M $36.8M $40M --
Stock-Based Compensation $4.3M $4.3M $5.7M $6.6M $8.7M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $211.5M $339.3M $339.8M $240.5M $215.3M
 
Capital Expenditures $60.6M $27.3M $13.8M $20.5M $15.2M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$680.6M -$205.8M -$447.9M $113.9M -$89.8M
 
Dividends Paid (Ex Special Dividend) $62M $86.3M $97M $96.3M $98.7M
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$83.8M -$619.8M -- -$555M --
Repurchase of Common Stock $2.4M $141M $121.1M $100.8M $24.8M
Other Financing Activities -- -- -- -- --
Cash From Financing $1.2B -$1.2B -$608.1M -$150M $360.9M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $739.8M -$1.1B -$716.2M $204.3M $486.3M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $150.9M $312.1M $326M $220M $200.1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $119.3M $186.8M $184.7M $142M $95.5M
Depreciation & Amoritzation $8.2M $10.1M $9.6M $10.3M $19.5M
Stock-Based Compensation $3.5M $3.5M $4.7M $5M $7.1M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $157.5M $305.7M $224.1M $186.5M $172.6M
 
Capital Expenditures $56.2M $18.1M $9.7M $14.2M $8.8M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$642.5M -$784.3M -$231.5M $95.1M $37.6M
 
Dividends Paid (Ex Special Dividend) $46.9M $70.5M $73.7M $72M $74.5M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $887M -- $295.8M
Long-Term Debt Repaid -$24.1M -$39.1M -- -$555M -$238M
Repurchase of Common Stock $1.2M $141M $121.1M $31.8M $24.8M
Other Financing Activities -- -- -- -- --
Cash From Financing $1.2B -$825.8M -$125.4M -$81.4M $480.8M
 
Beginning Cash (CF) $5.3B $5.6B $1.2B $759.5M $936.7M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $711.2M -$1.3B -$132.8M $200.1M $690.9M
Ending Cash (CF) $6B $4.3B $1B $959.6M $1.6B
 
Levered Free Cash Flow $101.2M $287.5M $214.4M $172.3M $163.8M

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