| Market Cap | $169.58B | |
| Enterprise Value | $171.59B | |
| Revenue | $32.23B | +9.5% |
| Gross Profit | $11.21B | +15.5% |
| EBITDA | $5.65B | +36.1% |
| Net Income | $3.75B | +51.3% |
| Diluted EPS | $2.01 | +54.6% |
| Free Cash Flow | $3.52B | +570.5% |
| DPS (FY2023) | $0.92derived |
| Trailing yield | 1.00% |
| Payout ratio | — |
| Growth streak | 4 yrs |
| 5y DPS growth | 2.7% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20232023-12-31 | $0.92 | +3.2% | derived (paid ÷ diluted shares) |
| FY20222022-12-31 | $0.89 | +4.0% | derived (paid ÷ diluted shares) |
| FY20212021-12-31 | $0.85 |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Trend · 10y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||
| Gross Margin | 28.16% | 28.56% | 30.22% | 31.14% | 30.89% | 31.83% | 30.14% | 32.71% | 32.98% | 34.79% | 95% | 32% | |
| Operating Margin | 10.49% | 8.59% | 7.74% | 8.85% | 8.05% | 6.93% | 6.10% | 19.75% | 11.33% | 15.11% | 85% | 79% | |
| EBITDA Margin | 13.77% | 11.86% | 11.23% | 12.17% | 11.36% | 10.36% | 9.60% | 22.84% | 14.10% | 17.53% | 85% | 73% | |
| NOPAT Margin | 7.25% | 6.21% | 5.43% | 6.40% | 5.98% | 4.05% | 2.50% | 16.15% | 8.80% | 12.17% | 85% | 77% | |
| Net Margin | 6.51% | 5.45% | 7.62% | 8.78% | 7.86% | 5.14% | 19.69% | 15.71% | 8.41% | 11.62% | 75% | 76% | |
| FCF Margin | 7.08% | 8.29% | 12.88% | 12.09% | 7.78% | 5.59% | 3.82% | 8.67% | 1.78% | 10.92% | 75% | 57% | |
| OCF Margin | 9.65% | 10.76% | 15.42% | 15.08% | 10.57% | 8.31% | 6.48% | 11.50% | 4.37% | 13.31% | 75% | 58% | |
| Gross Profitability | 25.00% | 24.67% | 19.12% | 18.05% | 19.23% | 19.32% | 19.17% | 23.51% | 24.80% | 27.39% | 95% | 51% | |
| Capex Intensity | 2.58% | 2.47% | 2.54% | 2.98% | 2.79% | 2.72% | 2.66% | 2.83% | 2.59% | 2.39% | 5% | 56% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||
| ▸Working capital · 5 ratios | |||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||
| ▸Per share · 3 ratios | |||||||||||||
| ▸Other · 1 ratios | |||||||||||||
The five drivers multiply to 28.6% vs reported ROE 28.6%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2014↗ | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $39.83B | $35.48B | $24.93B | $25.20B | $27.66B | $27.98B | $26.13B | $28.95B | $29.45B | $32.23B |
| YoY % | -10.9% | -29.7% | +1.1% | +9.8% | +1.1% | -6.6% | +10.8% | +1.7% | +9.5% | |
| Cost of Revenue | $28.61B | $25.35B | $17.40B | $17.35B | $19.12B | $19.07B | $18.26B | $19.48B | $19.74B | $21.02B |
| YoY % | -11.4% | -31.4% | -0.3% | +10.2% | -0.2% | -4.3% | +6.7% | +1.3% | +6.5% | |
| Gross Profit | $11.21B | $10.13B | $7.53B | $7.85B | $8.54B | $8.91B | $7.88B | $9.47B | $9.71B | $11.21B |
| YoY % | -9.6% | -25.7% | +4.2% | +8.9% | +4.2% | -11.5% | +20.2% | +2.6% | +15.5% | |
| R&D Expense | $1.50B | $1.41B | $967.0M | $1.01B | $1.15B | $1.20B | $1.13B | $1.22B | $1.17B | $1.32B |
| YoY % | -6.2% | -31.2% | +4.8% | +13.2% | +4.4% | -5.9% | +8.2% | -4.3% | +13.0% | |
| Selling & Marketing Expense | — | — | $30.0M | — | — | — | — | — | — | — |
| SG&A Expense | $6.07B | $5.57B | $4.53B | $4.76B | $5.29B | $5.45B | $4.89B | $5.16B | $5.13B | $5.54B |
| YoY % | -8.1% | -18.7% | +5.1% | +11.1% | +2.9% | -10.1% | +5.5% | -0.6% | +8.0% | |
| Operating Income | $4.18B | $3.05B | $1.93B | $2.23B | $2.23B | $1.94B | $1.59B | $5.72B | $3.34B | $4.87B |
| YoY % | -27.0% | -36.7% | +15.6% | -0.2% | -12.9% | -17.8% | +258.9% | -41.6% | +46.0% | |
| Other Non-Operating Income | — | — | — | — | — | — | -$20.0M | -$34.0M | -$57.0M | $36.0M |
| Equity Method Income | — | — | — | — | $6.0M | $8.0M | -$66.0M | -$100.0M | -$102.0M | -$16.0M |
| YoY % | +33.3% | |||||||||
| Pretax Income | $3.90B | $2.84B | $1.76B | $2.10B | $2.12B | $1.86B | $841.0M | $5.79B | $3.39B | $4.78B |
| YoY % | -27.1% | -38.0% | +19.4% | +0.8% | -12.1% | -54.8% | +588.1% | -41.4% | +40.8% | |
| Income Tax | $1.20B | $788.0M | $526.0M | $583.0M | $544.0M | $772.0M | $496.0M | $1.06B | $757.0M | $930.0M |
| YoY % | -34.4% | -33.2% | +10.8% | -6.7% | +41.9% | -35.8% | +113.1% | -28.4% | +22.9% | |
| Income from Continuing Operations | $2.57B | $1.93B | $1.17B | $1.44B | $1.51B | $1.04B | $294.0M | $4.63B | $2.52B | $3.77B |
| YoY % | -24.9% | -39.3% | +23.0% | +5.1% | -31.1% | -71.8% | +1473.1% | -45.6% | +49.7% | |
| Income from Discontinued Operations | $24.0M | $3.0M | $799.0M | $846.0M | $723.0M | $438.0M | $4.86B | -$80.0M | -$43.0M | -$24.0M |
| YoY % | -87.5% | +26533.3% | +5.9% | -14.5% | -39.4% | +1009.6% | ||||
| Net Income (incl. NCI) | $2.72B | $2.06B | $2.03B | $2.37B | $2.30B | $1.53B | $5.21B | $4.65B | $2.59B | $3.82B |
| YoY % | -24.4% | -1.0% | +16.3% | -2.8% | -33.5% | +240.6% | -10.7% | -44.2% | +47.4% | |
| Minority Interest (P&L) | $124.0M | $122.0M | $135.0M | $152.0M | $125.0M | $89.0M | $59.0M | $104.0M | $119.0M | $79.0M |
| YoY % | -1.6% | +10.7% | +12.6% | -17.8% | -28.8% | -33.7% | +76.3% | +14.4% | -33.6% | |
| Net Income to Common | $2.59B | $1.93B | $1.90B | $2.21B | $2.17B | $1.44B | $5.15B | $4.55B | $2.48B | $3.75B |
| YoY % | -25.5% | -1.8% | +16.5% | -1.8% | -33.8% | +257.6% | -11.7% | -45.6% | +51.3% | |
| EPS (Basic) | $1.13 | $0.87 | $0.88 | $1.04 | $1.02 | $0.67 | $2.44 | $2.27 | $1.30 | $2.02 |
| YoY % | -23.0% | +1.1% | +18.2% | -1.9% | -34.3% | +264.2% | -7.0% | -42.7% | +55.4% | |
| EPS (Diluted) | $1.13 | $0.87 | $0.88 | $1.03 | $1.02 | $0.67 | $2.43 | $2.25 | $1.30 | $2.01 |
| YoY % | -23.0% | +1.1% | +17.0% | -1.0% | -34.3% | +262.7% | -7.4% | -42.2% | +54.6% | |
| Weighted Avg Shares (Basic) | 2.29B | 2.23B | 2.15B | 2.14B | 2.13B | 2.13B | 2.11B | 2.00B | 1.90B | 1.85B |
| YoY % | -2.7% | -3.4% | -0.6% | -0.3% | +0.0% | -1.0% | -5.2% | -5.1% | -2.3% | |
| Weighted Avg Shares (Diluted) | 2.29B | 2.23B | 2.15B | 2.15B | 2.14B | 2.13B | 2.12B | 2.02B | 1.91B | 1.87B |
| YoY % | -2.8% | -3.4% | -0.3% | -0.4% | -0.2% | -0.7% | -4.7% | -5.4% | -2.3% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
| +4.3% |
| derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $0.82 | +4.4% | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $0.78 | −2.3% | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | $0.80 | +5.5% | derived (paid ÷ diluted shares) |
| FY20172017-12-31 | $0.76 | — | derived (paid ÷ diluted shares) |
| FY20152015-12-31 | $0.61 | −24.1% | derived (paid ÷ diluted shares) |
| FY20142014-12-31 | $0.80 | — | derived (paid ÷ diluted shares) |
