{
  "ticker": {
    "uuid": "da05e924-2410-4fdc-ae9c-7a87bb611124",
    "symbol": "INCY",
    "name": "Incyte Corporation",
    "exchange": "NASDAQ",
    "exchange_name": "NASDAQ",
    "country": "US",
    "currency": "USD",
    "sector": "Healthcare",
    "industry": "Biotechnology",
    "page_url": "https://sharemaestro.com/factors/ticker/da05e924-2410-4fdc-ae9c-7a87bb611124/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/da05e924-2410-4fdc-ae9c-7a87bb611124/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "da05e924-2410-4fdc-ae9c-7a87bb611124",
      "symbol": "INCY",
      "name": "Incyte Corporation",
      "exchange": "NASDAQ",
      "exchange_name": "NASDAQ",
      "country": "US",
      "currency": "USD",
      "sector": "Healthcare",
      "industry": "Biotechnology",
      "page_url": "https://sharemaestro.com/factors/ticker/da05e924-2410-4fdc-ae9c-7a87bb611124/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/da05e924-2410-4fdc-ae9c-7a87bb611124/"
    },
    "week_end_date": "2026-08-02",
    "universe": "USD_US",
    "score": {
      "os": 0.94,
      "value": 0.7,
      "quality": 0.99,
      "momentum": 0.91,
      "coverage": 0.97,
      "confidence": 0.97,
      "delta": -15
    },
    "headline_factors": {
      "price": 119.52,
      "market_cap": 24226434601.92,
      "pe_ratio": 15.0252,
      "earnings_yield": 0.0945,
      "ebitda_to_ev": 0.1007,
      "shareholder_yield": -0.0155,
      "roe": 0.2541,
      "piotroski_f_score": 8,
      "momentum_12_1": 0.546,
      "volatility_252d": 0.3578
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": false
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": 15.0252,
        "ev_ebitda": 9.9323,
        "earnings_yield": 0.0945,
        "fcf_yield": 0.1006,
        "shareholder_yield": -0.0155
      },
      "quality": {
        "roe": 0.2541,
        "roic": 0.6556,
        "gross_margin": 0.9262,
        "fcf_margin": 0.3504,
        "piotroski_f_score": 8
      },
      "growth": {
        "revenue_growth_1y": 0.2693,
        "eps_growth_1y": 0.8515,
        "fcf_growth_1y": 0.9231
      },
      "momentum": {
        "price_return_12m": 0.5812,
        "momentum_12_1": 0.546,
        "relative_strength": 0.4051
      },
      "scores": {
        "value_percentile": 0.7,
        "quality_percentile": 0.99,
        "momentum_percentile": 0.91,
        "growth_composite": 6,
        "yield_composite": 91,
        "overall_composite": 6,
        "os_score": 0.94,
        "factor_coverage": 0.97,
        "signal_confidence": 0.97
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 102.38,
      "os": 0.93,
      "value": 0.69,
      "quality": 0.98,
      "momentum": 0.82,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 14.2855,
      "earnings_yield": 0.1043,
      "shareholder_yield": -0.0155,
      "roe": 0.2579,
      "momentum_12_1": 0.4332
    },
    {
      "week_end_date": "2026-06-14",
      "price": 108.53,
      "os": 0.91,
      "value": 0.67,
      "quality": 0.98,
      "momentum": 0.77,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 15.1437,
      "earnings_yield": 0.0973,
      "shareholder_yield": -0.0146,
      "roe": 0.2579,
      "momentum_12_1": 0.4068
    },
    {
      "week_end_date": "2026-06-21",
      "price": 98.22,
      "os": 0.93,
      "value": 0.73,
      "quality": 0.98,
      "momentum": 0.79,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 13.7051,
      "earnings_yield": 0.1097,
      "shareholder_yield": -0.0161,
      "roe": 0.2579,
      "momentum_12_1": 0.4192
    },
    {
      "week_end_date": "2026-06-28",
      "price": 113.75,
      "os": 0.9,
      "value": 0.64,
      "quality": 0.98,
      "momentum": 0.76,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 15.872,
      "earnings_yield": 0.092,
      "shareholder_yield": -0.0139,
      "roe": 0.2579,
      "momentum_12_1": 0.4149
    },
    {
      "week_end_date": "2026-07-05",
      "price": 116.86,
      "os": 0.8,
      "value": 0.36,
      "quality": 0.98,
      "momentum": 0.87,
      "confidence": 0.961,
      "coverage": 0.97,
      "pe_ratio": 16.306,
      "earnings_yield": 0.0892,
      "shareholder_yield": -0.0136,
      "roe": 0.2579,
      "momentum_12_1": 0.4957
    },
    {
      "week_end_date": "2026-07-12",
      "price": 116.71,
      "os": 0.81,
      "value": 0.36,
      "quality": 0.98,
      "momentum": 0.91,
      "confidence": 0.951,
      "coverage": 0.97,
      "pe_ratio": 16.2851,
      "earnings_yield": 0.0893,
      "shareholder_yield": -0.0136,
      "roe": 0.2579,
      "momentum_12_1": 0.5823
    },
    {
      "week_end_date": "2026-07-19",
      "price": 117.25,
      "os": 0.78,
      "value": 0.34,
      "quality": 0.98,
      "momentum": 0.87,
      "confidence": 0.94,
      "coverage": 0.97,
      "pe_ratio": 16.3604,
      "earnings_yield": 0.0888,
      "shareholder_yield": -0.0135,
      "roe": 0.2579,
      "momentum_12_1": 0.4474
    },
    {
      "week_end_date": "2026-07-26",
      "price": 117.67,
      "os": 0.79,
      "value": 0.34,
      "quality": 0.98,
      "momentum": 0.89,
      "confidence": 0.929,
      "coverage": 0.97,
      "pe_ratio": 16.419,
      "earnings_yield": 0.0885,
      "shareholder_yield": -0.0135,
      "roe": 0.2579,
      "momentum_12_1": 0.6204
    },
    {
      "week_end_date": "2026-08-02",
      "price": 119.52,
      "os": 0.94,
      "value": 0.7,
      "quality": 0.99,
      "momentum": 0.91,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 15.0252,
      "earnings_yield": 0.0945,
      "shareholder_yield": -0.0155,
      "roe": 0.2541,
      "momentum_12_1": 0.546
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 5141242000,
          "cost_of_revenue": 372100000,
          "gross_profit": 4769142000,
          "ebit": 1666879000,
          "ebitda": 1760165000,
          "pretax_income": 1664451000,
          "tax_provision": 377801000,
          "net_income": 1286650000,
          "net_income_to_common": 1286650000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3097817000,
          "total_current_assets": 5023902000,
          "total_assets": 6957973000,
          "short_term_debt": 10213000,
          "long_term_debt": 30199000,
          "total_debt": 69428000,
          "total_liabilities": 1803373000,
          "total_equity": 5167478000,
          "shares_outstanding": 200700000,
          "goodwill_and_intangibles": 250131000
        },
        "cash_flow": {
          "operating_cash_flow": 1413498000,
          "capital_expenditure": 58867000,
          "free_cash_flow": 1472365000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 221762000,
          "net_debt_issued": -4544000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 5141242000,
          "cost_of_revenue": 372100000,
          "gross_profit": 4769142000,
          "ebit": 1666879000,
          "ebitda": 1760165000,
          "pretax_income": 1664451000,
          "tax_provision": 377801000,
          "net_income": 1286650000,
          "net_income_to_common": 1286650000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3097817000,
          "total_current_assets": 5023902000,
          "total_assets": 6957973000,
          "short_term_debt": 10213000,
          "long_term_debt": 30199000,
          "total_debt": 69428000,
          "total_liabilities": 1803373000,
          "total_equity": 5167478000,
          "shares_outstanding": 200700000,
          "goodwill_and_intangibles": 250131000
        },
        "cash_flow": {
          "operating_cash_flow": 1413498000,
          "capital_expenditure": 58867000,
          "free_cash_flow": 1472365000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 221762000,
          "net_debt_issued": -4544000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 5141242000,
          "cost_of_revenue": 372100000,
          "gross_profit": 4769142000,
          "ebit": 1666879000,
          "ebitda": 1760165000,
          "pretax_income": 1664451000,
          "tax_provision": 377801000,
          "net_income": 1286650000,
          "net_income_to_common": 1286650000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3097817000,
          "total_current_assets": 5023902000,
          "total_assets": 6957973000,
          "short_term_debt": 10213000,
          "long_term_debt": 30199000,
          "total_debt": 69428000,
          "total_liabilities": 1803373000,
          "total_equity": 5167478000,
          "shares_outstanding": 200700000,
          "goodwill_and_intangibles": 250131000
        },
        "cash_flow": {
          "operating_cash_flow": 1413498000,
          "capital_expenditure": 58867000,
          "free_cash_flow": 1472365000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 221762000,
          "net_debt_issued": -4544000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 5141242000,
          "cost_of_revenue": 372100000,
          "gross_profit": 4769142000,
          "ebit": 1666879000,
          "ebitda": 1760165000,
          "pretax_income": 1664451000,
          "tax_provision": 377801000,
          "net_income": 1286650000,
          "net_income_to_common": 1286650000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3097817000,
          "total_current_assets": 5023902000,
          "total_assets": 6957973000,
          "short_term_debt": 10213000,
          "long_term_debt": 30199000,
          "total_debt": 69428000,
          "total_liabilities": 1803373000,
          "total_equity": 5167478000,
          "shares_outstanding": 200700000,
          "goodwill_and_intangibles": 250131000
        },
        "cash_flow": {
          "operating_cash_flow": 1413498000,
          "capital_expenditure": 58867000,
          "free_cash_flow": 1472365000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 221762000,
          "net_debt_issued": -4544000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 5141242000,
          "cost_of_revenue": 372100000,
          "gross_profit": 4769142000,
          "ebit": 1666879000,
          "ebitda": 1760165000,
          "pretax_income": 1664451000,
          "tax_provision": 377801000,
          "net_income": 1286650000,
          "net_income_to_common": 1286650000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3097817000,
          "total_current_assets": 5023902000,
          "total_assets": 6957973000,
          "short_term_debt": 10213000,
          "long_term_debt": 30199000,
          "total_debt": 69428000,
          "total_liabilities": 1803373000,
          "total_equity": 5167478000,
          "shares_outstanding": 200700000,
          "goodwill_and_intangibles": 250131000
        },
        "cash_flow": {
          "operating_cash_flow": 1413498000,
          "capital_expenditure": 58867000,
          "free_cash_flow": 1472365000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 221762000,
          "net_debt_issued": -4544000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 5141242000,
          "cost_of_revenue": 372100000,
          "gross_profit": 4769142000,
          "ebit": 1666879000,
          "ebitda": 1760165000,
          "pretax_income": 1664451000,
          "tax_provision": 377801000,
          "net_income": 1286650000,
          "net_income_to_common": 1286650000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3097817000,
          "total_current_assets": 5023902000,
          "total_assets": 6957973000,
          "short_term_debt": 10213000,
          "long_term_debt": 30199000,
          "total_debt": 69428000,
          "total_liabilities": 1803373000,
          "total_equity": 5167478000,
          "shares_outstanding": 200700000,
          "goodwill_and_intangibles": 250131000
        },
        "cash_flow": {
          "operating_cash_flow": 1413498000,
          "capital_expenditure": 58867000,
          "free_cash_flow": 1472365000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 221762000,
          "net_debt_issued": -4544000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 5141242000,
          "cost_of_revenue": 372100000,
          "gross_profit": 4769142000,
          "ebit": 1666879000,
          "ebitda": 1760165000,
          "pretax_income": 1664451000,
          "tax_provision": 377801000,
          "net_income": 1286650000,
          "net_income_to_common": 1286650000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3097817000,
          "total_current_assets": 5023902000,
          "total_assets": 6957973000,
          "short_term_debt": 10213000,
          "long_term_debt": 30199000,
          "total_debt": 69428000,
          "total_liabilities": 1803373000,
          "total_equity": 5167478000,
          "shares_outstanding": 200700000,
          "goodwill_and_intangibles": 250131000
        },
        "cash_flow": {
          "operating_cash_flow": 1413498000,
          "capital_expenditure": 58867000,
          "free_cash_flow": 1472365000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 221762000,
          "net_debt_issued": -4544000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 5141242000,
          "cost_of_revenue": 372100000,
          "gross_profit": 4769142000,
          "ebit": 1666879000,
          "ebitda": 1760165000,
          "pretax_income": 1664451000,
          "tax_provision": 377801000,
          "net_income": 1286650000,
          "net_income_to_common": 1286650000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3097817000,
          "total_current_assets": 5023902000,
          "total_assets": 6957973000,
          "short_term_debt": 10213000,
          "long_term_debt": 30199000,
          "total_debt": 69428000,
          "total_liabilities": 1803373000,
          "total_equity": 5167478000,
          "shares_outstanding": 200700000,
          "goodwill_and_intangibles": 250131000
        },
        "cash_flow": {
          "operating_cash_flow": 1413498000,
          "capital_expenditure": 58867000,
          "free_cash_flow": 1472365000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 221762000,
          "net_debt_issued": -4544000
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-06-30",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 2,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1674039000,
          "cost_of_revenue": 104957000,
          "gross_profit": 1569082000,
          "ebit": 697898000,
          "ebitda": 752095000,
          "pretax_income": 751514000,
          "tax_provision": 165909000,
          "net_income": 585605000,
          "net_income_to_common": 585605000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3982375000,
          "total_current_assets": 6118511000,
          "total_assets": 7872647000,
          "short_term_debt": 9847000,
          "long_term_debt": 28420000,
          "total_debt": 32679000,
          "total_liabilities": 1528220000,
          "total_equity": 6344427000,
          "shares_outstanding": 208216000,
          "goodwill_and_intangibles": 236196000
        },
        "cash_flow": {
          "operating_cash_flow": 507662000,
          "capital_expenditure": 12413000,
          "free_cash_flow": 520075000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 75148000,
          "net_debt_issued": -1158000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1272676000,
          "cost_of_revenue": 104500000,
          "gross_profit": 1168176000,
          "ebit": 344169000,
          "ebitda": 367971000,
          "pretax_income": 343600000,
          "tax_provision": 40270000,
          "net_income": 303330000,
          "net_income_to_common": 303330000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3461114000,
          "total_current_assets": 5484260000,
          "total_assets": 7339113000,
          "short_term_debt": 4413000,
          "long_term_debt": 29414000,
          "total_debt": 33827000,
          "total_liabilities": 1786869000,
          "total_equity": 5552244000,
          "shares_outstanding": 206830000,
          "goodwill_and_intangibles": 243164000
        },
        "cash_flow": {
          "operating_cash_flow": 369351000,
          "capital_expenditure": 10200000,
          "free_cash_flow": 379551000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 97925000,
          "net_debt_issued": -1184000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1272676000,
          "cost_of_revenue": 104500000,
          "gross_profit": 1168176000,
          "ebit": 344169000,
          "ebitda": 367971000,
          "pretax_income": 343600000,
          "tax_provision": 40270000,
          "net_income": 303330000,
          "net_income_to_common": 303330000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3461114000,
          "total_current_assets": 5484260000,
          "total_assets": 7339113000,
          "short_term_debt": 4413000,
          "long_term_debt": 29414000,
          "total_debt": 33827000,
          "total_liabilities": 1786869000,
          "total_equity": 5552244000,
          "shares_outstanding": 206830000,
          "goodwill_and_intangibles": 243164000
        },
        "cash_flow": {
          "operating_cash_flow": 369351000,
          "capital_expenditure": 10200000,
          "free_cash_flow": 379551000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 97925000,
          "net_debt_issued": -1184000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1272676000,
          "cost_of_revenue": 104500000,
          "gross_profit": 1168176000,
          "ebit": 344169000,
          "ebitda": 367971000,
          "pretax_income": 343600000,
          "tax_provision": 40270000,
          "net_income": 303330000,
          "net_income_to_common": 303330000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3461114000,
          "total_current_assets": 5484260000,
          "total_assets": 7339113000,
          "short_term_debt": 4413000,
          "long_term_debt": 29414000,
          "total_debt": 33827000,
          "total_liabilities": 1786869000,
          "total_equity": 5552244000,
          "shares_outstanding": 206830000,
          "goodwill_and_intangibles": 243164000
        },
        "cash_flow": {
          "operating_cash_flow": 369351000,
          "capital_expenditure": 10200000,
          "free_cash_flow": 379551000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 97925000,
          "net_debt_issued": -1184000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1272676000,
          "cost_of_revenue": 104500000,
          "gross_profit": 1168176000,
          "ebit": 344169000,
          "ebitda": 367971000,
          "pretax_income": 343600000,
          "tax_provision": 40270000,
          "net_income": 303330000,
          "net_income_to_common": 303330000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3461114000,
          "total_current_assets": 5484260000,
          "total_assets": 7339113000,
          "short_term_debt": 4413000,
          "long_term_debt": 29414000,
          "total_debt": 33827000,
          "total_liabilities": 1786869000,
          "total_equity": 5552244000,
          "shares_outstanding": 206830000,
          "goodwill_and_intangibles": 243164000
        },
        "cash_flow": {
          "operating_cash_flow": 369351000,
          "capital_expenditure": 10200000,
          "free_cash_flow": 379551000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 97925000,
          "net_debt_issued": -1184000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1272676000,
          "cost_of_revenue": 104500000,
          "gross_profit": 1168176000,
          "ebit": 344169000,
          "ebitda": 367971000,
          "pretax_income": 343600000,
          "tax_provision": 40270000,
          "net_income": 303330000,
          "net_income_to_common": 303330000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3461114000,
          "total_current_assets": 5484260000,
          "total_assets": 7339113000,
          "short_term_debt": 4413000,
          "long_term_debt": 29414000,
          "total_debt": 33827000,
          "total_liabilities": 1786869000,
          "total_equity": 5552244000,
          "shares_outstanding": 206830000,
          "goodwill_and_intangibles": 243164000
        },
        "cash_flow": {
          "operating_cash_flow": 369351000,
          "capital_expenditure": 10200000,
          "free_cash_flow": 379551000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 97925000,
          "net_debt_issued": -1184000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1272676000,
          "cost_of_revenue": 104500000,
          "gross_profit": 1168176000,
          "ebit": 344169000,
          "ebitda": 367971000,
          "pretax_income": 343600000,
          "tax_provision": 40270000,
          "net_income": 303330000,
          "net_income_to_common": 303330000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3461114000,
          "total_current_assets": 5484260000,
          "total_assets": 7339113000,
          "short_term_debt": 4413000,
          "long_term_debt": 29414000,
          "total_debt": 33827000,
          "total_liabilities": 1786869000,
          "total_equity": 5552244000,
          "shares_outstanding": 206830000,
          "goodwill_and_intangibles": 243164000
        },
        "cash_flow": {
          "operating_cash_flow": 369351000,
          "capital_expenditure": 10200000,
          "free_cash_flow": 379551000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 97925000,
          "net_debt_issued": -1184000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1272676000,
          "cost_of_revenue": 104500000,
          "gross_profit": 1168176000,
          "ebit": 344169000,
          "ebitda": 367971000,
          "pretax_income": 343600000,
          "tax_provision": 40270000,
          "net_income": 303330000,
          "net_income_to_common": 303330000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3461114000,
          "total_current_assets": 5484260000,
          "total_assets": 7339113000,
          "short_term_debt": 4413000,
          "long_term_debt": 29414000,
          "total_debt": 33827000,
          "total_liabilities": 1786869000,
          "total_equity": 5552244000,
          "shares_outstanding": 206830000,
          "goodwill_and_intangibles": 243164000
        },
        "cash_flow": {
          "operating_cash_flow": 369351000,
          "capital_expenditure": 10200000,
          "free_cash_flow": 379551000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 97925000,
          "net_debt_issued": -1184000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1272676000,
          "cost_of_revenue": 104500000,
          "gross_profit": 1168176000,
          "ebit": 344169000,
          "ebitda": 367971000,
          "pretax_income": 343600000,
          "tax_provision": 40270000,
          "net_income": 303330000,
          "net_income_to_common": 303330000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3461114000,
          "total_current_assets": 5484260000,
          "total_assets": 7339113000,
          "short_term_debt": 4413000,
          "long_term_debt": 29414000,
          "total_debt": 33827000,
          "total_liabilities": 1786869000,
          "total_equity": 5552244000,
          "shares_outstanding": 206830000,
          "goodwill_and_intangibles": 243164000
        },
        "cash_flow": {
          "operating_cash_flow": 369351000,
          "capital_expenditure": 10200000,
          "free_cash_flow": 379551000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 97925000,
          "net_debt_issued": -1184000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1506835000,
          "cost_of_revenue": 121100000,
          "gross_profit": 1385735000,
          "ebit": 390523000,
          "ebitda": 414505000,
          "pretax_income": 389941000,
          "tax_provision": 90662000,
          "net_income": 299279000,
          "net_income_to_common": 299279000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3097817000,
          "total_current_assets": 5023902000,
          "total_assets": 6957973000,
          "short_term_debt": 10213000,
          "long_term_debt": 30199000,
          "total_debt": 69428000,
          "total_liabilities": 1803373000,
          "total_equity": 5167478000,
          "shares_outstanding": 204766000,
          "goodwill_and_intangibles": 250131000
        },
        "cash_flow": {
          "operating_cash_flow": 543301000,
          "capital_expenditure": 21877000,
          "free_cash_flow": 565178000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 160209000,
          "net_debt_issued": -1158000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1506835000,
          "cost_of_revenue": 121100000,
          "gross_profit": 1385735000,
          "ebit": 390523000,
          "ebitda": 414505000,
          "pretax_income": 389941000,
          "tax_provision": 90662000,
          "net_income": 299279000,
          "net_income_to_common": 299279000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3097817000,
          "total_current_assets": 5023902000,
          "total_assets": 6957973000,
          "short_term_debt": 10213000,
          "long_term_debt": 30199000,
          "total_debt": 69428000,
          "total_liabilities": 1803373000,
          "total_equity": 5167478000,
          "shares_outstanding": 204766000,
          "goodwill_and_intangibles": 250131000
        },
        "cash_flow": {
          "operating_cash_flow": 543301000,
          "capital_expenditure": 21877000,
          "free_cash_flow": 565178000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 160209000,
          "net_debt_issued": -1158000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1506835000,
          "cost_of_revenue": 121100000,
          "gross_profit": 1385735000,
          "ebit": 390523000,
          "ebitda": 414505000,
          "pretax_income": 389941000,
          "tax_provision": 90662000,
          "net_income": 299279000,
          "net_income_to_common": 299279000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 3097817000,
          "total_current_assets": 5023902000,
          "total_assets": 6957973000,
          "short_term_debt": 10213000,
          "long_term_debt": 30199000,
          "total_debt": 69428000,
          "total_liabilities": 1803373000,
          "total_equity": 5167478000,
          "shares_outstanding": 204766000,
          "goodwill_and_intangibles": 250131000
        },
        "cash_flow": {
          "operating_cash_flow": 543301000,
          "capital_expenditure": 21877000,
          "free_cash_flow": 565178000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 160209000,
          "net_debt_issued": -1158000
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "os_composite",
      "name": "OS Composite Score",
      "slug": "composite",
      "group": "multi_factor",
      "page_url": "/factors/composite/"
    },
    {
      "key": "quality_value",
      "name": "Quality \u00d7 Value",
      "slug": "quality-value",
      "group": "multi_factor",
      "page_url": "/factors/quality-value/"
    },
    {
      "key": "ebitda_ev",
      "name": "EBITDA/EV Value",
      "slug": "ebitda-ev",
      "group": "value",
      "page_url": "/factors/ebitda-ev/"
    },
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "piotroski_bargains",
      "name": "Piotroski Bargains",
      "slug": "piotroski-bargains",
      "group": "quality",
      "page_url": "/factors/piotroski-bargains/"
    },
    {
      "key": "quality_compounders",
      "name": "Quality Compounders",
      "slug": "quality-compounders",
      "group": "quality",
      "page_url": "/factors/quality-compounders/"
    },
    {
      "key": "garp",
      "name": "GARP",
      "slug": "garp",
      "group": "growth",
      "page_url": "/factors/garp/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Risk-Adjusted Momentum",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "momentum_leaders",
      "name": "Momentum Leaders",
      "slug": "momentum-leaders",
      "group": "momentum",
      "page_url": "/factors/momentum-leaders/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "coverage": {
    "factor_history_points": 9,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-08-02",
    "latest_financials_period_end": "2026-06-30"
  },
  "schema": {
    "public_fields_only": true
  }
}