| Schedule of Segment Data |
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Three Months Ended September 30, 2026 |
|
Revenue |
|
|
Cost of Services |
|
|
Selling and
Administrative
Expenses |
|
|
OUP |
|
Americas: |
|
|
|
|
|
|
|
|
|
|
|
|
United States(a) |
|
$ |
728.8 |
|
|
$ |
553.2 |
|
|
$ |
151.3 |
|
|
$ |
24.3 |
|
Other Americas |
|
|
517.9 |
|
|
|
445.0 |
|
|
|
49.8 |
|
|
|
23.1 |
|
|
|
|
1,246.7 |
|
|
|
998.2 |
|
|
|
201.1 |
|
|
|
47.4 |
|
Southern Europe: |
|
|
|
|
|
|
|
|
|
|
|
|
France |
|
|
1,132.9 |
|
|
|
980.3 |
|
|
|
130.2 |
|
|
|
22.4 |
|
Italy |
|
|
483.1 |
|
|
|
410.8 |
|
|
|
44.9 |
|
|
|
27.4 |
|
Other Southern Europe |
|
|
611.9 |
|
|
|
530.2 |
|
|
|
66.9 |
|
|
|
14.8 |
|
|
|
|
2,227.9 |
|
|
|
1,921.3 |
|
|
|
242.0 |
|
|
|
64.6 |
|
Northern Europe |
|
|
860.6 |
|
|
|
726.8 |
|
|
|
126.3 |
|
|
|
7.5 |
|
APME |
|
|
514.9 |
|
|
|
433.0 |
|
|
|
58.0 |
|
|
|
23.9 |
|
Total Segments |
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|
4,850.1 |
|
|
|
4,079.3 |
|
|
|
627.4 |
|
|
|
143.4 |
|
Intercompany Eliminations |
|
|
(10.1 |
) |
|
|
(6.6 |
) |
|
|
(3.5 |
) |
|
|
— |
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|
|
$ |
4,840.0 |
|
|
$ |
4,072.7 |
|
|
$ |
623.9 |
|
|
$ |
143.4 |
|
Reconciliation of operating unit profit (segment OUP) |
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|
|
|
|
|
|
|
|
|
|
|
Corporate expenses |
|
|
|
|
|
|
|
|
|
|
$ |
(54.1 |
) |
Intangible asset amortization expense(b) |
|
|
|
|
|
|
|
|
|
|
|
(7.0 |
) |
Operating profit |
|
|
|
|
|
|
|
|
|
|
|
82.3 |
|
Interest and other expenses, net |
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|
|
|
|
|
|
|
|
|
|
(14.3 |
) |
Earnings before income taxes |
|
|
|
|
|
|
|
|
|
|
$ |
68.0 |
|
(a)The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations, which were $2.4 for the three months ended September 30, 2026. (b)Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses and shown separately.
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|
Three Months Ended September 30, 2025 |
|
Revenue |
|
|
Cost of Services |
|
|
Selling and
Administrative
Expenses |
|
|
OUP |
|
Americas: |
|
|
|
|
|
|
|
|
|
|
|
|
United States(a) |
|
$ |
690.8 |
|
|
$ |
515.7 |
|
|
$ |
154.5 |
|
|
$ |
20.6 |
|
Other Americas |
|
|
407.9 |
|
|
|
341.7 |
|
|
|
48.9 |
|
|
|
17.3 |
|
|
|
|
1,098.7 |
|
|
|
857.4 |
|
|
|
203.4 |
|
|
|
37.9 |
|
Southern Europe: |
|
|
|
|
|
|
|
|
|
|
|
|
France |
|
|
1,173.5 |
|
|
|
1,010.5 |
|
|
|
132.4 |
|
|
|
30.6 |
|
Italy |
|
|
462.5 |
|
|
|
390.6 |
|
|
|
45.3 |
|
|
|
26.6 |
|
Other Southern Europe |
|
|
569.5 |
|
|
|
495.7 |
|
|
|
65.4 |
|
|
|
8.4 |
|
|
|
|
2,205.5 |
|
|
|
1,896.8 |
|
|
|
243.1 |
|
|
|
65.6 |
|
Northern Europe |
|
|
816.8 |
|
|
|
684.3 |
|
|
|
147.4 |
|
|
|
(14.9 |
) |
APME |
|
|
520.5 |
|
|
|
433.3 |
|
|
|
60.4 |
|
|
|
26.8 |
|
Total Segments |
|
|
4,641.5 |
|
|
|
3,871.8 |
|
|
|
654.3 |
|
|
|
115.4 |
|
Intercompany Eliminations |
|
|
(7.1 |
) |
|
|
(6.3 |
) |
|
|
(0.8 |
) |
|
|
— |
|
|
|
$ |
4,634.4 |
|
|
$ |
3,865.5 |
|
|
$ |
653.5 |
|
|
$ |
115.4 |
|
Reconciliation of operating unit profit (segment OUP) |
|
|
|
|
|
|
|
|
|
|
|
|
Corporate expenses |
|
|
|
|
|
|
|
|
|
|
$ |
(40.9 |
) |
Intangible asset amortization expense(b) |
|
|
|
|
|
|
|
|
|
|
|
(7.9 |
) |
Operating profit |
|
|
|
|
|
|
|
|
|
|
|
66.6 |
|
Interest and other expenses, net |
|
|
|
|
|
|
|
|
|
|
|
(13.7 |
) |
Earnings before income taxes |
|
|
|
|
|
|
|
|
|
|
$ |
52.9 |
|
(a)The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations, which were $2.7 for the three months ended September 30, 2025. (b)Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses and shown separately.
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|
|
|
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|
|
Nine Months Ended September 30, 2026 |
|
Revenue |
|
|
Cost of Services |
|
|
Selling and
Administrative
Expenses |
|
|
OUP |
|
Americas: |
|
|
|
|
|
|
|
|
|
|
|
|
United States(a)(b) |
|
$ |
2,098.0 |
|
|
$ |
1,592.0 |
|
|
$ |
426.8 |
|
|
$ |
79.2 |
|
Other Americas |
|
|
1,476.6 |
|
|
|
1,270.2 |
|
|
|
147.2 |
|
|
|
59.2 |
|
|
|
|
3,574.6 |
|
|
|
2,862.2 |
|
|
|
574.0 |
|
|
|
138.4 |
|
Southern Europe: |
|
|
|
|
|
|
|
|
|
|
|
|
France |
|
|
3,379.1 |
|
|
|
2,917.4 |
|
|
|
393.8 |
|
|
|
67.9 |
|
Italy |
|
|
1,479.7 |
|
|
|
1,252.5 |
|
|
|
137.0 |
|
|
|
90.2 |
|
Other Southern Europe |
|
|
1,779.1 |
|
|
|
1,541.4 |
|
|
|
201.9 |
|
|
|
35.8 |
|
|
|
|
6,637.9 |
|
|
|
5,711.3 |
|
|
|
732.7 |
|
|
|
193.9 |
|
Northern Europe |
|
|
2,476.2 |
|
|
|
2,086.6 |
|
|
|
388.3 |
|
|
|
1.3 |
|
APME |
|
|
1,544.1 |
|
|
|
1,296.4 |
|
|
|
178.2 |
|
|
|
69.5 |
|
Total Segments |
|
|
14,232.8 |
|
|
|
11,956.5 |
|
|
|
1,873.2 |
|
|
|
403.1 |
|
Intercompany Eliminations |
|
|
(22.2 |
) |
|
|
(16.5 |
) |
|
|
(5.7 |
) |
|
|
— |
|
|
|
$ |
14,210.6 |
|
|
$ |
11,940.0 |
|
|
$ |
1,867.5 |
|
|
$ |
403.1 |
|
Reconciliation of operating unit profit (segment OUP) |
|
|
|
|
|
|
|
|
|
|
|
|
Corporate expenses |
|
|
|
|
|
|
|
|
|
|
$ |
(159.5 |
) |
Intangible asset amortization expense(c) |
|
|
|
|
|
|
|
|
|
|
|
(21.0 |
) |
Operating profit |
|
|
|
|
|
|
|
|
|
|
|
222.6 |
|
Interest and other expenses, net |
|
|
|
|
|
|
|
|
|
|
$ |
(46.8 |
) |
Earnings before income taxes |
|
|
|
|
|
|
|
|
|
|
$ |
175.8 |
|
(a)The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations, which were $7.5 for the nine months ended September 30, 2026. (b)The United States Selling and Administrative Expenses and OUP included a $28.3 gain on the sale of our Jefferson Wells U.S. business. (c)Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses and shown separately.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2025 |
|
Revenue |
|
|
Cost of Services |
|
|
Selling and
Administrative
Expenses |
|
|
OUP |
|
Americas: |
|
|
|
|
|
|
|
|
|
|
|
|
United States(a) |
|
$ |
2,053.7 |
|
|
$ |
1,530.9 |
|
|
$ |
471.2 |
|
|
$ |
51.6 |
|
Other Americas |
|
|
1,161.7 |
|
|
|
981.9 |
|
|
|
131.9 |
|
|
|
47.9 |
|
|
|
|
3,215.4 |
|
|
|
2,512.8 |
|
|
|
603.1 |
|
|
|
99.5 |
|
Southern Europe: |
|
|
|
|
|
|
|
|
|
|
|
|
France |
|
|
3,288.5 |
|
|
|
2,818.4 |
|
|
|
386.2 |
|
|
|
83.9 |
|
Italy |
|
|
1,336.2 |
|
|
|
1,124.7 |
|
|
|
128.5 |
|
|
|
83.0 |
|
Other Southern Europe |
|
|
1,564.1 |
|
|
|
1,358.5 |
|
|
|
183.4 |
|
|
|
22.2 |
|
|
|
|
6,188.8 |
|
|
|
5,301.6 |
|
|
|
698.1 |
|
|
|
189.1 |
|
Northern Europe |
|
|
2,342.0 |
|
|
|
1,952.4 |
|
|
|
431.8 |
|
|
|
(42.2 |
) |
APME |
|
|
1,522.2 |
|
|
|
1,266.6 |
|
|
|
182.4 |
|
|
|
73.2 |
|
Total Segments |
|
|
13,268.4 |
|
|
|
11,033.4 |
|
|
|
1,915.4 |
|
|
|
319.6 |
|
Intercompany Eliminations |
|
|
(24.4 |
) |
|
|
(20.3 |
) |
|
|
(4.1 |
) |
|
|
— |
|
|
|
$ |
13,244.0 |
|
|
$ |
11,013.1 |
|
|
$ |
1,911.3 |
|
|
$ |
319.6 |
|
Reconciliation of operating unit profit (segment OUP) |
|
|
|
|
|
|
|
|
|
|
|
|
Corporate expenses |
|
|
|
|
|
|
|
|
|
|
$ |
(137.1 |
) |
Impairment charges(b) |
|
|
|
|
|
|
|
|
|
|
$ |
(88.7 |
) |
Intangible asset amortization expense(c) |
|
|
|
|
|
|
|
|
|
|
|
(24.3 |
) |
Operating profit |
|
|
|
|
|
|
|
|
|
|
|
69.5 |
|
Interest and other expenses, net |
|
|
|
|
|
|
|
|
|
|
|
(41.7 |
) |
Earnings before income taxes |
|
|
|
|
|
|
|
|
|
|
$ |
27.8 |
|
(a)The United States revenues above represent revenues from our company-owned branches and franchise fees received from our franchise operations, which were $7.5 for the nine months ended September 30, 2025. (b)Impairment charges for the nine months ended September 30, 2025 consist of a goodwill impairment related to our investments in Switzerland and the United Kingdom and an impairment of an indefinite-lived intangible asset in our Switzerland business. (c)Intangible asset amortization related to acquisitions is excluded from operating costs within the reportable segments and corporate expenses and shown separately.
|