Overview Financials News + Filings Key Docs Charts Transactions Ownership Insiders
|
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Rental | | | | | | | | 976.9 |
| Tenant reimbursements | | | | | | | | 42.0 |
| Other | | | | | | | | 4.4 |
| Total revenues [+] | 3,343.7 | 2,080.5 | 1,647.1 | 1,488.2 | 1,327.8 | 1,215.8 | 1,103.2 | 1,023.3 |
| Tenant reimbursements | | | | | | | | 42.0 |
| Lease / rental | | | | | | | | 976.9 |
| Other real estate | | | | | | | | 4.4 |
| Other income | 44.0 | 15.5 | 7.6 | 3.3 | 6.3 | 3.5 | | |
| Revenue growth [+] | 60.7% | 26.3% | 10.7% | 12.1% | 9.2% | 10.2% | 7.8% | 9.6% |
| Rental | | | | | | | | 9.3% |
| Tenant reimbursements | | | | | | | | 13.2% |
| Cost of goods sold | 226.3 | 133.6 | 104.6 | 88.6 | 66.3 | 322.9 | 286.1 | 291.6 |
| Gross profit | 3,117.4 | 1,946.9 | 1,542.5 | 1,399.6 | 1,261.5 | 892.8 | 817.1 | 731.7 |
| Gross margin | 93.2% | 93.6% | 93.6% | 94.0% | 95.0% | 73.4% | 74.1% | 71.5% |
| Selling, general and administrative [+] | 138.5 | 97.0 | 73.2 | 66.5 | 84.1 | 58.4 | 52.0 | 49.3 |
| General and administrative | 138.5 | 97.0 | 73.2 | 66.5 | 84.1 | 58.4 | 52.0 | 49.3 |
| Equity in earnings | -6.4 | 1.1 | | | | | | |
| Other operating expenses | -90.4 | 137.8 | -61.2 | -32.3 | -24.6 | -209.5 | -245.2 | -258.5 |
| EBITDA [+] | 3,062.8 | 1,713.1 | 1,530.4 | 1,365.3 | 1,202.0 | 1,043.9 | 1,010.3 | 940.9 |
| EBITDA growth | 78.8% | 11.9% | 12.1% | 13.6% | 15.1% | 3.3% | 7.4% | 8.1% |
| EBITDA margin | 91.6% | 82.3% | 92.9% | 91.7% | 90.5% | 85.9% | 91.6% | 91.9% |
| Depreciation and amortization | 1,670.4 | 897.8 | 677.0 | 594.0 | 539.8 | 498.8 | 449.9 | 409.2 |
| EBIT [+] | 1,392.4 | 815.3 | 853.4 | 771.4 | 662.2 | 545.1 | 560.4 | 531.7 |
| EBIT growth | 70.8% | -4.5% | 10.6% | 16.5% | 21.5% | -2.7% | 5.4% | 7.2% |
| EBIT margin | 41.6% | 39.2% | 51.8% | 51.8% | 49.9% | 44.8% | 50.8% | 52.0% |
| Non-recurring items [+] | 39.8 | 206.4 | 147.2 | 40.2 | 26.3 | 14.8 | 20.7 | 10.6 |
| Asset impairment | 25.9 | 39.0 | 147.2 | 40.2 | 26.3 | 14.8 | 20.7 | 10.6 |
| Interest expense | 465.2 | 323.6 | 309.3 | 291.0 | 266.0 | 247.4 | 220.0 | 233.1 |
| Interest expense | 465.2 | 323.6 | 309.3 | 291.0 | 266.0 | 247.4 | 220.0 | 233.1 |
| Other income (expense), net [+] | 30.1 | 107.1 | 14.4 | 3.4 | | 42.4 | | |
| Gain (loss) on sale of assets | 103.0 | 55.8 | 76.2 | 30.0 | 24.6 | 40.9 | | |
| Gain (loss) on debt retirement | 0.4 | -97.2 | -9.8 | | | -42.4 | | |
| Pre-tax income | 917.6 | 392.4 | 411.2 | 443.6 | 369.9 | 325.4 | 319.7 | 288.0 |
| Income taxes | 45.2 | 31.7 | 14.7 | 6.2 | 5.3 | 6.0 | 3.3 | 3.2 |
| Tax rate | 4.9% | 8.1% | 3.6% | 1.4% | 1.4% | 1.9% | 1.0% | 1.1% |
| Minority interest | 3.0 | 1.3 | 1.0 | 1.0 | 1.0 | 0.5 | 0.9 | 1.1 |
| Net income | 869.4 | 359.5 | 395.5 | 436.5 | 363.6 | 301.5 | 288.5 | 256.7 |
| Net margin | 26.0% | 17.3% | 24.0% | 29.3% | 27.4% | 24.8% | 26.2% | 25.1% |
| |
| Basic EPS [+] | $1.42 | $0.87 | $1.15 | $1.38 | $1.26 | $1.10 | $1.13 | $1.09 |
| Growth | 63.9% | -24.3% | -17.1% | 10.0% | 13.9% | -2.5% | 3.9% | 4.5% |
| Diluted EPS [+] | $1.42 | $0.87 | $1.14 | $1.38 | $1.25 | $1.10 | $1.13 | $1.09 |
| Growth | 63.9% | -24.3% | -17.1% | 10.1% | 13.9% | -2.5% | 3.9% | 4.5% |
| |
| Dividends per share [+] | $2.97 | $2.83 | $2.79 | $2.71 | $2.63 | $2.53 | $2.39 | $2.26 |
| Growth | 4.7% | 1.4% | 3.1% | 3.0% | 4.1% | 5.6% | 5.8% | 3.1% |
| |
| Shares outstanding (basic) [+] | 611.8 | 414.5 | 345.3 | 315.8 | 289.4 | 273.5 | 255.1 | 235.8 |
| Growth | 47.6% | 20.1% | 9.3% | 9.1% | 5.8% | 7.2% | 8.2% | 8.0% |
| Shares outstanding (diluted) [+] | 612.2 | 414.8 | 345.4 | 316.2 | 289.9 | 273.9 | 255.6 | 236.2 |
| Growth | 47.6% | 20.1% | 9.3% | 9.0% | 5.8% | 7.2% | 8.2% | 8.0% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|