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Verra Mobility(VRRM) - 2025 Q4 - Annual Report
2026-02-24 21:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________. Commission File Number 001-37979 VERRA MOBILITY CORPORATION (Exact name of registrant as specified in its charter) Delaware 81-3563824 (State of I ...
Range Resources(RRC) - 2025 Q4 - Annual Report
2026-02-24 21:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-12209 RANGE RESOURCES CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 34-1312571 (State or Other Jurisdiction of Incorporation or Organization) (IRS ...
SLR Investment (SLRC) - 2025 Q4 - Annual Results
2026-02-24 21:45
NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (the "Company", "SLRC", "we", "us", or "our") today reported net investment income ("NII") of $21.6 million, or $0.40 per share, for the fourth quarter of 2025. On February 24, 2026, the Board declared a quarterly distribution of $0.41 per share payable on March 27, 2026, to holders of record as of March 13, 2026. EXHIBIT 99.1 SLR Investment Corp. Announces Quarter and Year Ended December 31, 2025 Financial Results Net Investmen ...
Pentair(PNR) - 2025 Q4 - Annual Report
2026-02-24 21:45
Financial Performance - For the year ended December 31, 2025, consolidated net sales were $4,176.0 million, representing a 2.3% increase from $4,082.8 million in 2024[168]. - Gross profit increased to $1,690.3 million, with a gross margin of 40.5%, up from 39.2% in 2024, primarily due to increased selling prices and improved productivity[168][170]. - Core growth was 1.9% in 2025, driven by increased selling prices, while volume declined by 2.1%[169]. - Cash provided by operating activities of continuing operations was $814.8 million in 2025, up from $766.9 million in 2024[198]. - Free cash flow from continuing operations reached $748.4 million in 2025, compared to $693.1 million in 2024[205]. Segment Performance - The Flow, Water Solutions, and Pool segments accounted for approximately 37%, 25%, and 38% of total consolidated net sales, respectively[161]. - Flow's net sales increased by 2.6% to $1,553.6 million in 2025, while segment income rose by 13.8% to $362.1 million[177]. - Water Solutions experienced a 6.1% decrease in net sales to $1,062.1 million in 2025, with segment income slightly declining by 0.5% to $253.9 million[182]. - Pool segment net sales grew by 8.5% to $1,436.1 million in 2025, with segment income increasing by 10.6% to $527.1 million[188]. - Pool segment's core growth was 6.5% in 2025, driven by increased demand and acquisition contributions[189]. Acquisitions and Investments - The company completed the acquisition of Hydra-Stop for $292.1 million and G & F Manufacturing for $116.0 million, enhancing its product offerings in the Flow and Pool segments[164][165]. - The acquisition of Hydra-Stop for $292.1 million was completed in September 2025, funded by cash on hand and borrowings[197]. - The company plans to continue investing in research and development and market opportunities to drive future growth[167]. Tax and Interest Expenses - The effective tax rate increased to 14.1% in 2025 from 13.0% in 2024, primarily due to a decrease in favorable unrecognized tax benefits[168][172]. - The company experienced a 21.7% decrease in net interest expense, down to $69.4 million in 2025 from $88.6 million in 2024, attributed to lower debt levels[168][172]. Operational Challenges - Inflationary cost increases impacted financial performance, with ongoing pressures from raw materials and logistics costs expected to continue into 2026[166][167]. - The company implemented a Transformation Program aimed at driving operational excellence and margin expansion, with a focus on pricing and sourcing excellence[166][167]. Backlog and Contractual Obligations - The overall backlog decreased by 7.1% to $567.5 million, primarily due to timing of delivery associated with advance sale programs in the Pool segment[193]. - Total contractual obligations, net, amount to $2,190.3 million, with $140.9 million due in the next twelve months[221]. Debt and Financial Liabilities - As of December 31, 2025, total availability under the Senior Credit Facility was $622.3 million, with an option to increase the revolving credit facility by up to $450.0 million[207]. - The Term Loan Facility has an aggregate principal amount of $1.0 billion, with remaining obligations of $575.0 million maturing on July 28, 2027[208][209]. - As of December 31, 2025, variable interest rate debt was $852.7 million at a weighted average interest rate of 5.03%[222]. - The total gross liability for uncertain tax positions was estimated to be $6.7 million as of December 31, 2025[223]. - The outstanding value of bonds, letters of credit, and bank guarantees totaled $115.0 million as of December 31, 2025[229]. Shareholder Returns - The company repurchased 2.3 million ordinary shares for $225.0 million during the year ended December 31, 2025, under the 2020 Authorization[214]. - The Board of Directors approved a quarterly cash dividend of $0.27 per share, reflecting an 8% increase, with total dividends paid per ordinary share of $1.00 for the year ended December 31, 2025[215]. - Distributable reserves were $6.4 billion as of December 31, 2025, down from $6.8 billion in 2024[216]. Financial Instruments and Risks - As of December 31, 2025, the debt portfolio comprised 48% fixed-rate debt and 52% variable-rate debt[250]. - A 100 basis point increase or decrease in interest rates would result in approximately a $38 million decrease or a $40 million increase in the fair value of total fixed-rate debt outstanding[251]. - As of December 31, 2025, the company had outstanding foreign currency derivative contracts with gross notional U.S. dollar equivalent amounts of $23.2 million[255]. - The company had outstanding cross currency swap agreements with a combined notional amount of $1.1 billion as of December 31, 2025[256]. - A 10% appreciation or depreciation of the U.S. dollar relative to the Euro would result in a change in accumulated other comprehensive income of approximately $80 million[256]. Pension and Retirement Plans - The company sponsors U.S. and non-U.S. defined-benefit pension and other post-retirement plans, with actuarial valuations determining the amounts recognized in financial statements[239]. - A 100 basis point increase or decrease in the discount rates would result in an approximate decrease of $5 million or increase of $6 million in the total projected benefit obligation[243]. Impairment and Adjustments - An impairment charge of $30.9 million was recorded in 2025 related to the write-off of a definite-lived customer relationship intangible asset[236]. - Mark-to-market adjustments resulted in pre-tax losses of $2.4 million and $6.1 million in 2025 and 2023, respectively, and a pre-tax gain of $5.3 million in 2024[240]. - No impairment charges associated with identifiable intangibles with finite lives were recognized in 2024 or 2023[236].
Truist(TFC) - 2025 Q4 - Annual Report
2026-02-24 21:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K _________________________________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 Commission File Number: 1-10853 TRUIST FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) _________________________________________________________________ North Carolina 56-0939887 (State or other jurisdict ...
Henry Schein(HSIC) - 2025 Q4 - Annual Report
2026-02-24 21:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) Commission file number 0-27078 HENRY SCHEIN, INC. (Exact name of registrant as specified in its charter) Delaware 11-3136595 incorporation or organization) (State or other jurisdiction of (I.R.S. Employer Identification No.) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $.01 per share HSIC The Nasdaq ...
Bel Fuse (BELFB) - 2025 Q4 - Annual Report
2026-02-24 21:42
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM 10-K (MARK ONE) Commission File No. 000-11676 _____________________ BEL FUSE INC. (Exact name of registrant as specified in its charter) New Jersey 22-1463699 (State of incorporation) (I.R.S. Employer Identification No.) 300 Executive Drive, Suite 300 West Orange, NJ 07052 (Address of principal executive offices and zip code) Registrant's telephone number, including area code: (201) 432-0463 ...
Bel Fuse (BELFA) - 2025 Q4 - Annual Report
2026-02-24 21:42
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM 10-K (MARK ONE) Commission File No. 000-11676 _____________________ BEL FUSE INC. (Exact name of registrant as specified in its charter) New Jersey 22-1463699 (State of incorporation) (I.R.S. Employer Identification No.) 300 Executive Drive, Suite 300 West Orange, NJ 07052 (Address of principal executive offices and zip code) Registrant's telephone number, including area code: (201) 432-0463 ...
Systemax(GIC) - 2025 Q4 - Annual Results
2026-02-24 21:42
Exhibit 99.1 GLOBAL INDUSTRIAL REPORTS FOURTH QUARTER AND FULL YEAR 2025 FINANCIAL RESULTS Fourth Quarter Sales Increased 14.3%; Operating Income Improved 35.2%; EPS Grew 40.7% Full Year Sales of $1.38 Billion, Increased 4.8%; Operating Income Improved 21.2% Quarterly Dividend Increased by 7.7% to $0.28 PORT WASHINGTON, NY, February 24, 2026 – Global Industrial Company (NYSE: GIC), a value-added distributor and source for industrial equipment and supplies, today announced financial results for the fourth qu ...
Alcon(ALC) - 2025 Q4 - Annual Report
2026-02-24 21:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F | ☐ | REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 | | --- | --- | | | OR | | ☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 | | | OR | | ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ | | | O ...