Also trades as: 0JDP.L (LSE) · $vol 0M

$115.34

+2.26 (+2.00%)

After Hours: $115.67 (+0.33, +0.29%)

Weekly Expected Move ±3.9%

$101 $106 $110 $114 $119

NYSE · Real Estate · REIT - Specialty · Tech Score Neutral · Power 55 · $34.3B mcap · 295M float · 0.586% daily turnover · Short 63% of daily vol

Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: $1.17B held by 555 funds, 148 bp over Treasuries → details ▾

Not rated: lending and leverage are a financial company's business, which the model misreads.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$6.9B +12.2% ▲

5Y CAGR: +10.7%

Gross Profit

$1.8B -48.6% ▼

5Y CAGR: -5.8%

Operating Income

$1.4B +39.2% ▲

5Y CAGR: +8.5%

Net Income

$145M -19.7% ▼

5Y CAGR: -15.9%

EPS (Diluted)

$0.49 -19.7% ▼

5Y CAGR: -16.3%

EBITDA

$2.1B +9.3% ▲

5Y CAGR: +7.2%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$4.5B	$5.1B	$5.5B	$6.1B	$6.9B
YoY Growth	+8.3%	+13.6%	+7.4%	+12.2%	+12.2%
Cost of Revenue	$1.9B	$2.2B	$2.4B	$2.7B	$5.1B
Gross Profit	$2.6B	$2.9B	$3.1B	$3.5B	$1.8B
Gross Margin	58.0%	57.1%	57.0%	56.2%	25.7%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$1.0B	$1.1B	$1.2B	$1.3B	$1.4B
Operating Expenses	$1.8B	$1.9B	$2.2B	$2.4B	$368M
Operating Income	$854M	$1.0B	$922M	$1.0B	$1.4B
Operating Margin	19.0%	20.6%	16.8%	16.4%	20.4%
Interest Expense	$425M	$496M	$598M	$736M	$829M
Income Before Tax	$629M	$632M	$227M	$245M	$211M
Tax Expense	$176M	$69M	$40M	$61M	$59M
Net Income	$450M	$557M	$184M	$180M	$145M
Net Margin	10.0%	10.9%	3.4%	2.9%	2.1%
EPS (Diluted)	$1.55	$1.90	$0.63	$0.61	$0.49
EBITDA	$1.8B	$1.9B	$1.6B	$1.9B	$2.1B
Shares Outstanding	291M	292M	294M	296M	298M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$1.6B	$1.6B	$1.6B	$1.7B	$1.8B	$1.8B	$1.9B	$2.0B
Cost of Revenue	$678M	$689M	$710M	$755M	$792M	$822M	$890M	$959M
Gross Profit	$879M	$892M	$882M	$957M	$962M	$1.0B	$1.0B	$1.1B
Gross Margin	56.4%	56.4%	55.4%	55.9%	54.9%	55.4%	54.0%	52.8%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$342M	$333M	$330M	$390M	$335M	$338M	$373M	$402M
Operating Expenses	$628M	$610M	$628M	$697M	$654M	$680M	$651M	$697M
Operating Income	$251M	$282M	$254M	$260M	$309M	$341M	$395M	$374M
Operating Margin	16.1%	17.9%	16.0%	15.2%	17.6%	18.5%	20.4%	18.4%
Interest Expense	$187M	$205M	$198M	$210M	$218M	$235M	$224M	$223M
Income Before Tax	-$21M	$124M	$31M	-$27M	$103M	$104M	$176M	$121M
Tax Expense	$12M	$19M	$15M	$16M	$17M	$11M	$27M	$15M
Net Income	-$34M	$104M	$16M	-$45M	$84M	$89M	$144M	$101M
Net Margin	-2.2%	6.6%	1.0%	-2.6%	4.8%	4.8%	7.4%	5.0%
EPS (Diluted)	$-0.11	$0.35	$0.05	$-0.15	$0.28	$0.30	$0.48	$0.34
EBITDA	$398M	$589M	$469M	$443M	$575M	$717M	$592M	$634M
Shares Outstanding	294M	296M	297M	295M	298M	298M	299M	300M

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