v3.26.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Type and Fair Value of Stock-Based Compensation Awards
The following table illustrates the type and fair value of the stock-based compensation awards granted during the three months ended March 31, 2026 and 2025, respectively:

 Three Months Ended March 31, 2026Three Months Ended March 31, 2025
 Shares GrantedWeighted-Average Fair Value Per ShareShares GrantedWeighted-Average Fair Value Per Share
Stock options125,266 $269.73 280,013 $105.92 
RSUs187,857 $749.50 403,407 $332.95 
PRSUs84,317 $921.73 167,301 $347.63 
Schedule of Assumptions Used for Fair Value of Stock Options The following table provides the assumptions used in determining the fair value of the stock-options granted in the three months ended March 31, 2026 and 2025, respectively:
 
 Grant Year
 20262025
Weighted-average dividend yield1.82%2.13%
Weighted-average volatility36.1%30.5%
Range of volatilities
29.5% - 34.2%
26.6% - 32.6%
Range of risk-free interest rates
3.43% - 4.03%
4.13% - 4.40%
Weighted-average expected lives7 years7 years
Schedule of Assumptions Used for Fair Value of PRSUs The following table provides the assumptions used in determining the fair value of the PRSUs granted in the three months ended March 31, 2026 and 2025, respectively:
 Grant Year
 20262025
Expected volatility of the Company's stock36.7%29.5%
Risk-free interest rate3.46%3.90%