Perrigo Company PLC

Perrigo Company PLC

PRGO · NYSE · Healthcare / Drug Manufacturers - Specialty & Generic

16.24USD+0.06 (+0.37%)

Price History

Full chart

Market Stats

Previous Close16.18
Open16.29
Day Range16.14 – 16.45
52-Week Range8.81 – 20.70
Volume1.01M
Market Cap2.13B
P/E (TTM)0.00
Forward P/E5.97
EPS-12.29
Dividend Yield7.52%
Beta0.60
50-Day Avg12.94
200-Day Avg12.26

About

Perrigo Company plc provides over-the-counter health and wellness solutions in the United States, Europe, and internationally. The company operates through Consumer Self-Care Americas and Consumer Self-Care International segments. It offers upper respiratory products, including cough suppressants, expectorants, and sinus and allergy relief; nutrition products consisting of infant formulas and oral electrolyte beverages; digestive health products, including antacids, anti-diarrheal, and anti-heartburn; pain and sleep-aids products comprising pain relievers and fever reducers; and oral care products, which include toothbrushes, toothbrush replacement heads, floss, flossers, whitening products, and toothbrush covers. The company also offers healthy lifestyle products, such as smoking cessation and well-being products; skin care products consisting of dermatological care, scar management, lice treatment, and other products for various skin conditions; women's health products comprising feminine hygiene and contraceptives; vitamins, minerals, and supplements; and other miscellaneous self-care products. It sells its products under the Compeed, Dr. Fresh, Firefly, Good Sense, Good Start, Mederma, Nasonex, Plackers, Prevacid24HR, REACH, Rembrandt, Steripod, Opill, Solpadeine, Coldrex, Physiomer, NiQuitin, ACO, ellaOne, and Compeed brands. The company also offers contract manufacturing services. It sells its products through retail drug, supermarket, and mass merchandise chains; e-commerce stores; wholesalers; pharmacies; drug and grocery retailers; and para-pharmacies. The company was formerly known as Perrigo Company and changed its name to Perrigo Company plc in December 2013. Perrigo Company plc was founded in 1887 and is headquartered in Dublin, Ireland.

Company Details

  • SectorHealthcare
  • IndustryDrug Manufacturers - Specialty & Generic
  • CEOMr. Albert Ange Manzone
  • Employees8.10K
  • HeadquartersThe Sharp Building, Dublin, Ireland, D02 TY74, USA
  • Websitehttps://www.perrigo.com

Leadership

  • Mr. Albert Ange ManzoneInterim President, Interim CEO & Director · b. 1963
  • Mr. Eduardo Guarita BezerraExecutive VP & CFO · b. 1976
  • Ms. Abbie LennoxEVP & Chief Scientific Officer · b. 1981
  • Mr. Charles AtkinsonExecutive VP, General Counsel & Secretary · b. 1977
  • Mr. Roberto KhouryExecutive VP & Chief Commercial Officer · b. 1981
  • Mr. Eric S. JacobsonVice President of Global Investor Relations
  • Mr. Robert WillisChief Human Resources Officer & Executive VP · b. 1969
  • Dr. David BallEVP and Chief Brand & Digital Officer · b. 1980
  • Mr. Matthew WintermanExecutive Vice President of Product Supply, Operations Strategy & Transformation Officer · b. 1971
  • Ms. Sonia HolliesSenior VP & Treasurer

Financials

Income Statement

Currency: USD1991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue409.80M570.80M669.30M717.10M778.10M844.60M902.60M877.60M738.55M753.49M826.32M825.99M898.20M1.02B1.37B1.45B1.82B2.01B2.27B2.76B3.17B3.54B4.06B4.06B4.60B5.28B4.95B4.73B3.87B4.09B4.14B4.45B4.66B4.37B4.25B
Growth (%)-+39.29%+17.26%+7.14%+8.51%+8.55%+6.87%-2.77%-15.84%+2.02%+9.67%-0.04%+8.74%+14.02%+33.47%+5.90%+25.89%+10.14%+13.06%+21.43%+15.18%+11.55%+14.72%0.00%+13.37%+14.70%-6.33%-4.34%-18.21%+5.64%+1.24%+7.56%+4.58%-6.06%-2.75%
Cost of Revenue278.60M390.10M456.10M496.60M547.60M587.10M641.40M670.80M561.07M568.99M614.42M596.08M630.24M763.71M969.08M1.05B1.27B1.41B1.52B1.81B2.08B2.26B2.61B2.61B2.89B3.23B2.97B2.90B2.44B2.59B2.72B3.00B2.98B2.83B2.76B
Gross Profit131.20M180.70M213.20M220.50M230.50M257.50M261.20M206.80M177.49M184.49M211.90M229.91M267.96M260.39M397.74M401.63M550.96M596.00M746.02M944.87M1.10B1.28B1.45B1.45B1.71B2.05B1.98B1.83B1.43B1.49B1.42B1.46B1.68B1.54B1.49B
Gross Margin32.02%31.66%31.85%30.75%29.62%30.49%28.94%23.56%24.03%24.49%25.64%27.83%29.83%25.43%29.10%27.75%30.24%29.70%32.88%34.30%34.53%36.16%35.65%35.65%37.19%38.86%40.02%38.71%37.05%36.57%34.22%32.69%36.09%35.27%35.14%
Operating Expense77.30M107.20M123.00M145.00M162.30M185.40M323.00M188.80M146.16M144.38M124.90M144.73M165.07M590.86M286.41M303.07M353.48M348.69M410.12M454.67M526.37M600.90M1.05B880.70M964.80M4.05B1.38B1.59B1.26B1.23B1.01B1.38B1.53B1.43B1.15B
Operating Income53.90M73.50M90.20M75.50M68.20M72.10M-61.80M18.00M31.32M40.11M87.00M85.18M102.90M-330.47M111.33M98.55M197.48M247.31M335.89M490.20M569.23M679.10M401.20M567.00M747.60M-2.00B598.20M236.50M174.70M265.20M410.40M78.90M151.90M112.90M343.30M
Operating Margin13.15%12.88%13.48%10.53%8.76%8.54%-6.85%2.05%4.24%5.32%10.53%10.31%11.46%-32.27%8.15%6.81%10.84%12.32%14.80%17.79%17.94%19.18%9.88%13.96%16.24%-37.87%12.09%5.00%4.51%6.49%9.92%1.77%3.26%2.58%8.07%
EBITDA65.90M88.90M109.10M99.20M95.40M-32.40M45.17M59.21M49.42M113.68M111.30M131.35M-293.90M177.75M157.13M288.54M325.31M411.17M594.10M713.30M858.90M939.40M760.10M1.21B754.30M-4.18B1.14B906.00M662.00M518.40M695.90M355.50M525.00M433.00M-797.90M
EBITDA Margin16.08%15.57%16.30%13.83%12.26%-3.84%5.00%6.75%6.69%15.09%13.47%15.90%-32.72%17.36%11.50%19.93%17.85%20.49%26.18%25.89%27.07%26.54%18.72%29.81%16.38%-79.17%22.99%19.15%17.11%12.68%16.81%7.99%11.28%9.90%-18.76%
Net Income28.60M44.60M54.80M44.40M39.80M45.00M-51.60M1.50M19.30M27.66M50.20M54.05M80.57M-352.98M71.40M73.80M135.77M144.05M222.55M339.20M401.61M441.90M205.30M205.30M127.90M-4.01B119.60M131.00M146.10M-162.60M-68.90M-140.60M-12.70M-171.80M-1.43B
Net Income Margin6.98%7.81%8.19%6.19%5.12%5.33%-5.72%0.17%2.61%3.67%6.07%6.54%8.97%-34.47%5.22%5.10%7.45%7.18%9.81%12.31%12.66%12.48%5.06%5.06%2.78%-75.99%2.42%2.77%3.78%-3.98%-1.66%-3.16%-0.27%-3.93%-33.51%
R&D--6.20M--13.70M15.90M14.90M16.31M17.63M19.89M23.32M27.72M38.42M52.29M66.48M72.19M77.92M82.51M89.25M105.77M115.20M152.50M152.50M187.80M184.00M167.70M218.60M119.20M121.70M122.00M123.10M122.50M112.20M95.40M
R&D as % of Total Revenue--0.93%--1.62%1.76%1.70%2.21%2.34%2.41%2.82%3.09%3.75%3.83%4.59%3.96%3.88%3.64%3.24%3.33%3.25%3.76%3.76%4.08%3.48%3.39%4.62%3.08%2.98%2.95%2.77%2.63%2.57%2.24%
Interest Expense8.80M3.40M3.30M5.40M5.70M1.20M4.20M14.00M840.00K3.75M1.35M1.08M220.00K220.00K5.40M16.02M17.04M27.15M28.78M60.74M60.74M103.50M0175.80M155.70M218.80M173.40M129.00M126.50M127.70M125.00M156.00M173.80M187.80M162.50M
Interest Expense % of Total Revenue2.15%0.60%0.49%0.75%0.73%0.14%0.47%1.60%0.11%0.50%0.16%0.13%0.02%0.02%0.39%1.11%0.93%1.35%1.27%2.20%1.91%2.92%0.00%4.33%3.38%4.14%3.51%2.73%3.27%3.12%3.02%3.50%3.73%4.29%3.82%

Balance Sheet

Currency: USD1991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets316.90M413.70M507.50M555.70M549.40M641.20M595.90M581.70M521.02M575.91M593.79M643.97M759.09M1.70B1.75B1.93B2.58B2.54B3.09B3.19B4.02B5.35B13.85B13.88B19.39B13.87B11.63B10.98B11.30B11.49B10.43B11.02B10.81B9.65B8.54B
Total Liabilities133.20M178.70M184.30M215.10M168.20M217.10M250.40M226.90M157.27M190.04M177.64M195.55M222.86M1.11B1.11B1.17B1.64B1.61B2.00B1.66B2.17B3.02B5.16B5.19B9.36B7.91B5.46B5.32B5.50B5.83B5.27B6.18B6.04B5.33B5.60B
Total Equity183.70M235.00M323.20M340.60M381.20M424.00M345.10M354.10M362.82M385.88M416.14M448.42M536.23M590.84M640.74M754.47M933.72M921.92M1.09B1.53B1.85B2.33B8.69B8.69B10.04B5.96B6.17B5.67B5.80B5.66B5.15B4.84B4.77B4.32B2.94B
Cash500.00K200.00K600.00K300.00K200.00K2.20M1.50M3.70M51.65M11.02M76.82M93.83M161.25M16.71M19.02M30.30M318.60M316.13M97.57M310.10M602.49M779.90M800.00M799.50M417.80M622.30M678.70M551.10M354.30M631.50M1.86B600.70M751.30M558.80M531.60M
Total Debt46.90M76.00M82.70M99.40M49.10M61.40M87.00M96.90M8.73M12.76M8.34M8.98M9.53M681.47M641.80M677.92M915.19M892.18M1.34B892.77M1.37B1.97B3.23B5.39B5.99B5.80B3.34B3.24B3.37B3.73B3.69B4.32B4.07B3.62B3.97B
Net Debt46.40M75.80M82.10M99.10M48.90M59.20M85.50M93.20M-42.92M1.74M-68.49M-84.85M-151.72M664.77M622.78M647.61M596.59M576.05M1.25B582.67M766.84M1.19B2.41B2.43B5.57B5.17B2.66B2.69B3.01B3.09B1.83B3.72B3.32B3.06B3.44B

Cash Flow

Currency: USD1991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow19.20M31.90M60.70M42.40M72.90M86.50M22.30M-15.40M117.81M68.22M104.19M80.23M118.53M77.64M126.53M128.92M248.31M258.35M314.17M373.96M513.38M553.80M693.50M693.50M1.20B654.90M698.90M593.00M387.80M636.20M156.30M307.30M405.50M362.90M238.50M
Investing Cash Flow-60.20M-68.00M-61.80M-71.20M-23.40M-24.80M-88.50M-24.70M20.53M-72.54M-13.77M-33.28M-53.15M-649.42M-48.71M-125.43M-121.24M-146.37M-917.98M-110.57M-684.13M-947.80M-1.70B-1.70B-2.65B-175.00M2.34B-126.80M-596.10M-187.80M1.28B-1.96B-77.50M78.80M-75.40M
Financing Cash Flow41.50M35.80M3.00M26.90M-49.60M-47.60M53.30M40.30M-132.98M8.28M-24.71M-29.83M1.48M583.19M-77.03M9.60M169.85M-115.21M383.30M-58.79M458.71M577.20M1.03B1.03B1.52B-268.70M-3.00B-571.90M1.80M-181.10M-178.70M421.60M-187.20M-611.00M-220.50M
Capital Expenditure59.60M67.50M62.30M38.60M17.60M23.00M85.40M32.30M14.36M26.80M27.53M32.30M28.29M32.39M36.43M104.55M57.23M59.24M55.89M99.44M120.19M104.10M171.60M171.60M137.00M106.20M88.60M102.60M137.70M170.40M152.10M96.40M101.70M118.30M93.40M
Free Cash Flow-40.40M-35.60M-1.60M3.80M55.30M63.50M-63.10M-47.70M103.45M41.41M76.66M47.94M90.23M45.26M90.10M24.37M191.08M199.11M258.28M274.52M393.18M449.70M521.90M521.90M1.06B548.70M610.30M490.40M250.10M465.80M4.20M210.90M303.80M244.60M145.10M
Dividends Paid-----------3.48M9.14M11.94M15.61M16.48M18.22M19.96M22.33M29.00M33.00M46.10M46.10M64.80M72.20M83.20M91.10M104.90M112.40M123.90M129.60M142.40M149.70M152.50M159.30M
FCF to OCF-210.42%-111.60%-2.64%8.96%75.86%73.41%-282.96%309.74%87.81%60.71%73.58%59.75%76.13%58.29%71.21%18.90%76.95%77.07%82.21%73.41%76.59%81.20%75.26%75.26%88.57%83.78%87.32%82.70%64.49%73.22%2.69%68.63%74.92%67.40%60.84%
Dividend Paid to FCF-----------7.27%10.12%26.37%17.33%67.60%9.53%10.02%8.65%10.56%8.39%10.25%8.83%12.42%6.80%15.16%14.93%21.39%44.94%26.60%3085.71%67.52%49.28%62.35%109.79%

Earnings

Report DateFeb 5, 1996May 8, 1996Aug 14, 1996Oct 29, 1996Feb 11, 1997May 6, 1997Aug 13, 1997Oct 29, 1997Feb 4, 1998May 1, 1998Aug 31, 1998Nov 17, 1998Feb 11, 1999May 11, 1999Aug 26, 1999Nov 9, 1999Feb 9, 2000Apr 25, 2000Aug 16, 2000Oct 25, 2000Jan 23, 2001May 1, 2001Aug 6, 2001Oct 23, 2001Jan 23, 2002Apr 25, 2002Aug 2, 2002Oct 24, 2002Jan 27, 2003Apr 23, 2003Aug 11, 2003Oct 24, 2003Feb 3, 2004Apr 23, 2004Aug 10, 2004Oct 26, 2004Feb 1, 2005May 5, 2005Sep 7, 2005Oct 27, 2005Feb 2, 2006Apr 27, 2006Aug 9, 2006Oct 31, 2006Feb 1, 2007May 8, 2007Aug 23, 2007Nov 1, 2007Feb 5, 2008May 6, 2008Aug 18, 2008Nov 6, 2008Feb 3, 2009May 7, 2009Aug 18, 2009Nov 2, 2009Feb 2, 2010Apr 29, 2010Aug 12, 2010Nov 2, 2010Feb 1, 2011May 3, 2011Aug 16, 2011Oct 27, 2011Feb 7, 2012May 8, 2012Aug 16, 2012Nov 7, 2012Feb 1, 2013May 7, 2013Aug 15, 2013Oct 31, 2013Feb 6, 2014May 7, 2014Aug 14, 2014Nov 6, 2014Feb 5, 2015Apr 21, 2015Aug 5, 2015Oct 22, 2015Feb 18, 2016May 12, 2016Aug 10, 2016Nov 10, 2016Feb 27, 2017May 30, 2017Aug 10, 2017Nov 9, 2017Mar 1, 2018May 8, 2018Aug 9, 2018Nov 8, 2018Feb 27, 2019May 8, 2019Aug 8, 2019Nov 6, 2019Feb 27, 2020Apr 30, 2020Aug 5, 2020Nov 4, 2020Mar 1, 2021May 11, 2021Aug 11, 2021Nov 10, 2021Mar 1, 2022May 11, 2022Aug 9, 2022Nov 8, 2022Feb 27, 2023May 9, 2023Aug 8, 2023Nov 7, 2023Feb 27, 2024May 7, 2024Aug 2, 2024Nov 6, 2024Feb 27, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Feb 26, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.170.160.120.160.160.160.120.180.210.140.05-0.040.070.100.050.100.150.12-0.070.130.140.100.020.170.230.090.050.170.230.170.050.230.250.200.130.260.330.230.160.140.210.190.130.190.260.220.230.260.340.420.410.430.500.450.460.500.660.630.680.770.940.970.971.051.171.221.271.241.311.441.561.401.591.511.551.441.791.781.961.741.931.731.981.561.810.990.921.111.251.141.201.041.000.930.800.941.061.040.870.861.000.570.610.650.560.420.440.670.710.430.510.630.830.230.460.810.950.570.590.750.800.310.310.57
EPS Actual0.170.150.100.160.180.180.120.170.190.13-0.03-0.040.100.130.060.140.150.09-0.110.140.220.140.050.170.240.140.060.230.240.200.060.230.350.240.160.240.290.220.140.180.270.220.190.190.260.240.240.360.360.470.390.410.460.500.500.660.700.760.710.791.001.010.921.101.071.411.281.271.361.421.571.521.871.311.741.401.821.852.181.761.801.751.931.651.651.051.221.391.281.261.221.090.971.070.861.041.061.141.030.930.930.500.500.450.600.330.430.560.750.450.630.640.860.290.530.810.360.600.570.800.770.430.50-
Surprise0.00%-6.25%-16.67%0.00%12.50%12.50%0.00%-5.56%-9.52%-7.14%-160.00%0.00%42.86%30.00%20.00%40.00%0.00%-25.00%-57.14%7.69%57.14%40.00%150.00%0.00%4.35%55.56%20.00%35.29%4.35%17.65%20.00%0.00%40.00%20.00%23.08%-7.69%-12.12%-4.35%-12.50%28.57%28.57%15.79%46.15%0.00%0.00%9.09%4.35%38.46%5.88%11.90%-4.88%-4.65%-8.00%11.11%8.70%32.00%6.06%20.63%4.41%2.60%6.38%4.12%-5.15%4.76%-8.55%15.57%0.79%2.42%3.82%-1.39%0.64%8.57%17.61%-13.24%12.26%-2.78%1.68%3.93%11.22%1.15%-6.74%1.16%-2.53%5.77%-8.84%6.06%32.61%25.23%2.40%10.53%1.67%4.81%-3.00%15.05%7.50%10.64%0.00%9.62%18.39%8.14%-7.00%-12.28%-18.03%-30.77%7.14%-21.43%-2.27%-16.42%5.63%4.65%23.53%1.59%3.61%26.09%15.22%0.00%-62.11%5.26%-3.39%6.67%-3.75%38.71%61.29%-
Timing------Pre-marketPre-marketPre-market--------------Pre-market-Pre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-After-hoursPre-market-After-hours--Pre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap2.13B
Enterprise Value4.82B
Trailing P/E0.00
Forward P/E5.97
PEG Ratio1.14
Price / Sales0.51
Price / Book0.76
EPS-12.29
Book Value18.14
Revenue (TTM)4.14B
Gross Profit (TTM)1.38B
EBITDA615.50M
Profit Margin-41.85%
Operating Margin3.84%
Return on Equity-48.75%
Return on Assets1.97%
Shares Outstanding138.37M
Shares Float138.07M
Beta0.60
Dividend Yield7.52%
Dividend Rate1.16
Payout Ratio46.40%

Analyst Ratings

Buy
Based on 5 analystsTarget 16.50
  • Strong Buy
    1
  • Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
114.69%
Insiders
0.40%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    17.12M12.34%
  • T. Rowe Price Associates, Inc.
    13.38M9.64%
  • Neuberger Berman Group LLC
    10.46M7.54%
  • Vanguard Portfolio Management, LLC
    8.14M5.87%
  • Fuller & Thaler Asset Management Inc
    7.66M5.52%
  • State Street Corp
    7.23M5.21%
  • Vanguard Capital Management, LLC
    6.21M4.47%
  • Dimensional Fund Advisors, Inc.
    5.47M3.94%
  • Amvescap Plc.
    4.71M3.40%
  • MENORA MIVTACHIM HOLDINGS LIMITED
    3.87M2.79%
  • Thompson, Siegel & Walmsley LLC
    3.32M2.39%
  • Millennium Management LLC
    2.98M2.15%
  • Morgan Stanley - Brokerage Accounts
    2.78M2.00%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    8.43M6.08%
  • Undiscovered Managers Behavioral Val L
    5.80M4.18%
  • Vanguard MStar Total Stk Mkt Idx Invest
    4.42M3.18%
  • Neuberger Global Equity Mgtrnd USD IAcc
    4.10M2.96%
  • Invesco High Yield Eq Div Achiev™ ETF
    3.82M2.76%
  • iShares Russell 2000 ETF
    3.60M2.60%
  • Vanguard Small Cap Index
    3.18M2.29%

Dividends

20263×
0.29Aug 28, 20260.29May 29, 20260.29Mar 2, 2026
20254×
0.29Nov 28, 20250.29Aug 29, 20250.29May 30, 20250.29Mar 7, 2025
20244×
0.28Nov 29, 20240.28Aug 30, 20240.28May 31, 20240.28Mar 7, 2024
20234×
0.27Nov 30, 20230.27Aug 31, 20230.27Jun 1, 20230.27Mar 9, 2023
20224×
0.26Dec 1, 20220.26Sep 1, 20220.26Jun 2, 20220.26Feb 25, 2022
20214×
0.24Dec 2, 20210.24Sep 2, 20210.24Jun 3, 20210.24Mar 11, 2021
20201×
0.23Nov 25, 2020

Stock Splits

  • Aug 26, 19932:1