| Market Cap | $8.41B | |
| Enterprise Value | $10.47B | |
| Revenue | $10.37B | −13.5% |
| Gross Profit | $2.63B | −11.5% |
| EBITDA | $962.4M | +339.5% |
| Net Income | $771.0M | — |
| Diluted EPS | $9.75 | — |
| Free Cash Flow | $545.6M | +149.6% |
| DPS (FY2025) | $1.16 |
| Trailing yield | 1.00% |
| Payout ratio | 11.9% |
| Growth streak | 0 yrs |
| 5y DPS growth | 64.1% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $1.16 | −68.3% | reported |
| FY20242024-12-31 | $3.66 | −40.0% | reported |
| FY20232023-12-31 | $6.10 |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | 20.45% | 21.25% | 21.35% | 21.95% | 22.49% | 23.09% | 23.72% | 26.21% | 24.86% | 25.46% | 85% | 39% | |
| Operating Margin | — | — | 3.87% | 4.87% | 5.23% | 3.85% | 6.55% | 8.99% | 10.00% | 11.80% | −1.05% | 5.91% | 55% | 48% | |
| EBITDA Margin | — | — | 7.58% | 8.24% | 8.33% | 6.86% | 9.53% | 11.52% | 12.13% | 13.80% | 1.80% | 9.16% | 55% | 43% | |
| NOPAT Margin | — | — | 2.13% | 2.58% | 3.62% | 1.18% | 4.37% | 7.96% | 7.32% | 9.76% | −0.83% | 5.91% | 65% | 54% | |
| Net Margin | — | — | 2.16% | 2.24% | 3.05% | 1.38% | 4.67% | 8.05% | 7.03% | 8.13% | −3.64% | 7.21% | 75% | 68% | |
| FCF Margin | — | — | 2.27% | 4.50% | 4.20% | 4.67% | 6.85% | 3.51% | 3.56% | 4.06% | 2.54% | 7.34% | 95% | 58% | |
| FCFF Margin | — | — | 2.76% | 4.85% | 4.66% | 4.77% | 7.03% | 3.71% | 3.82% | 4.45% | — | — | — | — | |
| OCF Margin | — | — | 4.99% | 6.95% | 6.37% | 7.70% | 9.80% | 5.93% | 6.63% | 7.65% | 5.92% | 9.80% | 95% | 48% | |
| Gross Profitability | 28.06% | 24.02% | 21.14% | 22.14% | 26.18% | 25.57% | 24.19% | 28.01% | 29.70% | 33.07% | 25.91% | 21.52% | 13% | 46% | |
| Capex Intensity | — | — | 2.71% | 2.45% | 2.17% | 3.02% | 2.95% | 2.42% | 3.07% | 3.59% | 3.37% | 2.46% | 35% | 52% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 5 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
The five drivers multiply to 17.5% vs reported ROE 18.1%. 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↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $7.41B | $8.31B | $9.35B | $9.04B | $9.15B | $11.14B | $12.65B | $14.41B | $11.66B | $10.08B |
| YoY % | +12.1% | +12.6% | -3.3% | +1.2% | +21.7% | +13.6% | +13.9% | -19.1% | -13.5% | |||
| Cost of Revenue | — | — | $5.89B | $6.54B | $7.36B | $7.06B | $7.09B | $8.57B | $9.65B | $10.63B | $8.76B | $7.52B |
| YoY % | +11.0% | +12.4% | -4.1% | +0.5% | +20.8% | +12.7% | +10.2% | -17.6% | -14.2% | |||
| Gross Profit | $2.07B | $1.56B | $1.52B | $1.77B | $2.00B | $1.98B | $2.06B | $2.57B | $3.00B | $3.78B | $2.90B | $2.57B |
| YoY % | -24.5% | -2.9% | +16.5% | +13.1% | -0.6% | +3.7% | +25.0% | +16.7% | +25.9% | -23.3% | -11.5% | |
| R&D Expense | $337.0M | $282.2M | $297.6M | $323.4M | $355.2M | $343.4M | $342.6M | $272.9M | $315.4M | $420.9M | $381.3M | $374.5M |
| YoY % | -16.3% | +5.5% | +8.7% | +9.8% | -3.3% | -0.2% | -20.3% | +15.6% | +33.4% | -9.4% | -1.8% | |
| SG&A Expense | $995.4M | $852.3M | $864.6M | $964.7M | $1.07B | $1.04B | $1.00B | $1.09B | $1.19B | $1.45B | $1.40B | $1.31B |
| YoY % | -14.4% | +1.4% | +11.6% | +10.9% | -2.7% | -3.7% | +8.7% | +9.3% | +22.3% | -3.9% | -6.3% | |
| Operating Income | $646.5M | $361.1M | $287.0M | $404.4M | $489.0M | $348.1M | $599.7M | $1.00B | $1.27B | $1.70B | -$122.1M | $595.7M |
| YoY % | -44.1% | -20.5% | +40.9% | +20.9% | -28.8% | +72.3% | +67.0% | +26.4% | +34.4% | |||
| Interest Expense | $71.9M | $64.1M | $65.4M | $54.5M | $61.9M | $28.8M | $24.9M | $25.4M | $46.0M | $68.8M | — | — |
| YoY % | -10.8% | +2.0% | -16.7% | +13.6% | -53.5% | -13.5% | +2.0% | +81.1% | +49.6% | |||
| Other Non-Operating Income | -$49.1M | -$36.3M | -$30.0M | -$75.5M | -$74.9M | -$67.1M | -$22.7M | -$50.4M | -$145.2M | -$362.3M | -$218.5M | $72.7M |
| Equity Method Income | $52.9M | $57.1M | $47.5M | $39.1M | $34.3M | $42.5M | $45.5M | $65.6M | $64.1M | $68.2M | $46.4M | $39.6M |
| YoY % | +7.9% | -16.8% | -17.7% | -12.3% | +23.9% | +7.1% | +44.2% | -2.3% | +6.4% | -32.0% | -14.7% | |
| Impairment of Real Estate | — | — | — | — | — | — | — | $0 | $36.0M | $4.1M | — | — |
| YoY % | -88.6% | |||||||||||
| Pretax Income | $539.0M | $279.4M | $204.9M | $283.8M | $360.3M | $261.1M | $562.0M | $944.3M | $1.11B | $1.33B | -$433.6M | $602.0M |
| YoY % | -48.2% | -26.7% | +38.5% | +27.0% | -27.5% | +115.2% | +68.0% | +17.3% | +20.4% | |||
| Income Tax | $187.7M | $72.5M | $92.2M | $133.6M | $110.9M | $180.8M | $187.7M | $108.4M | $296.6M | $230.4M | $98.4M | -$77.4M |
| YoY % | -61.4% | +27.2% | +44.9% | -17.0% | +63.0% | +3.8% | -42.2% | +173.6% | -22.3% | -57.3% | ||
| Net Income (incl. NCI) | $404.2M | $264.0M | $160.2M | $189.3M | $283.7M | $122.8M | $419.8M | $901.5M | $874.7M | $1.17B | -$485.6M | $719.0M |
| YoY % | -34.7% | -39.3% | +18.2% | +49.9% | -56.7% | +241.9% | +114.7% | -3.0% | +33.9% | |||
| Minority Interest (P&L) | -$6.2M | -$2.4M | $100,000 | $2.9M | -$1.8M | -$2.4M | -$7.3M | $4.5M | -$14.9M | -$100,000 | -$60.8M | -$7.5M |
| YoY % | +2800.0% | |||||||||||
| Net Income | $410.4M | $266.4M | $160.1M | $186.4M | $285.5M | $125.2M | $427.1M | $897.0M | $889.6M | $1.17B | -$424.8M | $726.5M |
| YoY % | -35.1% | -39.9% | +16.4% | +53.2% | -56.1% | +241.1% | +110.0% | -0.8% | +31.7% | |||
| EPS (Basic) | $4.39 | $3.06 | $1.97 | $2.34 | $3.62 | $1.64 | $5.69 | $11.93 | $11.92 | $15.66 | -$5.69 | $9.76 |
| YoY % | -30.3% | -35.6% | +18.8% | +54.7% | -54.7% | +247.0% | +109.7% | -0.1% | +31.4% | |||
| EPS (Diluted) | $4.36 | $3.06 | $1.96 | $2.32 | $3.58 | $1.63 | $5.65 | $11.85 | $11.87 | $15.63 | -$5.69 | $9.75 |
| YoY % | -29.8% | -35.9% | +18.4% | +54.3% | -54.5% | +246.6% | +109.7% | +0.2% | +31.7% | |||
| Weighted Avg Shares (Basic) | 93.4M | 87.0M | 81.4M | 79.5M | 78.8M | 76.2M | 75.0M | 75.2M | 74.6M | 74.8M | 74.6M | 74.4M |
| YoY % | -6.9% | -6.4% | -2.3% | -0.9% | -3.3% | -1.6% | +0.3% | -0.8% | +0.3% | -0.3% | -0.3% | |
| Weighted Avg Shares (Diluted) | 94.2M | 87.1M | 81.7M | 80.2M | 79.7M | 77.0M | 75.6M | 75.7M | 74.9M | 74.9M | 74.7M | 74.5M |
| YoY % | -7.5% | -6.2% | -1.8% | -0.6% | -3.4% | -1.8% | +0.1% | -1.1% | 0.0% | -0.3% | -0.3% | |
| Dividends Declared per Share | — | — | — | — | — | — | — | $0 | $5 | $6 | $4 | $1 |
| YoY % | +3275.0% | +13.0% | -40.0% | -68.3% |
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.
| reported |
| FY20222022-12-31 | $5.40 | +3275.0% | reported |
| FY20212021-12-31 | $0.16 | — | reported |
| FY20202020-12-31 | $0.63 | +1.9% | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $0.62 | +5.5% | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | $0.59 | +6.5% | derived (paid ÷ diluted shares) |
| FY20172017-12-31 | $0.55 | +6.7% | derived (paid ÷ diluted shares) |
| FY20162016-12-31 | $0.52 | +7.9% | derived (paid ÷ diluted shares) |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-15 | $0.3000 | 2026-06-15 | quarterly | licensed |
| 2026-02-13 | $0.2900 | 2026-03-16 | quarterly | licensed |
| 2025-11-14 | $0.2900 | 2025-12-15 | quarterly | licensed |
| 2025-08-15 | $0.2900 | — | quarterly | licensed |
| 2025-05-15 | $0.2900 | 2025-06-16 | quarterly | licensed |
| 2025-02-14 | $0.2900 | — | quarterly | licensed |
| 2024-11-15 | $0.2900 | — | quarterly | licensed |
| 2024-08-15 | $0.2900 | — | quarterly | licensed |
