Full-Year 2026 Outlook
           
  Adjusted, unless specifically noted as GAAP
Reported Revenue growth (GAAP) 6.3% to 8.3%
Organic, Constant Currency Revenue growth 6.0% to 8.0%
Corporate unallocated expense $220 to $230 million
Deal-related amortization ~$1.11 billion
Operating profit margin expansion 10 to 35 bps
Operating profit margin expansion, 
excluding OSTTRA		 50 to 75 bps
Interest expense, net $405 to $415 million
Tax rate 22.0% to 23.0%
Diluted EPS $19.40 to $19.65
Capital expenditures (GAAP) $215 to $225 million


 

In addition to the above, the Company continues to expect adjusted free cash flow, excluding certain items, to grow mid-single digits year over year.


 

Reported Revenue growth is now expected to be approximately 30 basis points lower than the previous guidance range, due primarily to lower expected tailwinds from FX. Guidance for Organic, Constant Currency Revenue growth is unchanged from prior guidance.


 

Interest expense, net is now expected to be approximately $10 million higher than prior guidance.