| Market Cap | $10.48B | |
| Enterprise Value | $12.66B | |
| Revenue | $33.51B | +10.5% |
| Gross Profit | $3.78B | +5.3% |
| EBITDA | $1.16B | +3.1% |
| Net Income | $726.7M | +45.7% |
| Diluted EPS | $10.93 | +49.9% |
| Free Cash Flow | $303.7M | −103.6% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 13.16% | 13.04% | 14.61% | 13.48% | 12.47% | 11.41% | 11.13% | 12.19% | 13.03% | 12.53% | 11.79% | 11.24% | 13% | 9% | |
| Operating Margin | 3.35% | 3.54% | 3.68% | 3.53% | 3.87% | 0.37% | 3.12% | 4.52% | 5.57% | 4.44% | 2.75% | 2.66% | 13% | 41% | |
| EBITDA Margin | 4.03% | 4.21% | 4.35% | 4.10% | 4.49% | 1.03% | 3.78% | 5.08% | 6.08% | 4.99% | 3.34% | 3.11% | 13% | 30% | |
| NOPAT Margin | — | — | — | — | — | — | — | 3.49% | 4.24% | 3.47% | 2.21% | 2.11% | 10% | 41% | |
| Net Margin | 2.19% | 2.14% | 2.19% | 1.50% | 2.41% | −0.71% | 2.04% | 3.21% | 3.84% | 2.73% | 1.40% | 1.85% | 29% | 46% | |
| FCF Margin | 2.42% | 2.17% | 0.82% | −0.30% | 0.46% | 2.47% | 4.31% | 0.97% | −0.30% | 1.88% | 3.72% | −0.12% | 21% | 23% | |
| OCF Margin | 2.96% | 2.83% | 1.51% | 0.46% | 0.92% | 2.97% | 4.74% | 1.22% | −0.09% | 2.13% | 4.05% | 0.21% | 13% | 18% | |
| Gross Profitability | 24.09% | 23.31% | 22.13% | 20.40% | 20.81% | 20.11% | 18.71% | 21.51% | 22.22% | 19.10% | 15.13% | 11.92% | 4% | 14% | |
| Capex Intensity | 0.54% | 0.66% | 0.69% | 0.76% | 0.46% | 0.50% | 0.43% | 0.24% | 0.21% | 0.25% | 0.33% | 0.33% | 29% | 10% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||||||||
| ▸Leverage · 7 ratios | |||||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||||
| ▸Capital allocation · 2 ratios | |||||||||||||||
| ▸Per share · 3 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 9.9% vs reported ROE 9.3%. 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 | $22.77B | $23.28B | $23.83B | $26.81B | $29.68B | $28.92B | $28.67B | $34.48B | $37.12B | $33.11B | $27.92B | $30.85B |
| YoY % | +2.3% | +2.3% | +12.5% | +10.7% | -2.6% | -0.8% | +20.2% | +7.7% | -10.8% | -15.7% | +10.5% | |
| Cost of Revenue | $19.77B | $20.25B | $20.34B | $23.20B | $25.98B | $25.62B | $25.48B | $30.27B | $32.29B | $28.96B | $24.63B | $27.39B |
| YoY % | +2.4% | +0.5% | +14.0% | +12.0% | -1.4% | -0.5% | +18.8% | +6.6% | -10.3% | -14.9% | +11.2% | |
| Gross Profit | — | $3.04B | $3.14B | $3.36B | $3.70B | $3.30B | $3.19B | $4.20B | $4.84B | $4.15B | $3.29B | $3.47B |
| YoY % | +3.6% | +6.8% | +10.2% | -10.9% | -3.3% | +31.7% | +15.1% | -14.2% | -20.6% | +5.3% | ||
| SG&A Expense | $1.96B | $1.99B | $2.05B | $2.16B | $2.30B | $2.19B | $2.09B | $2.44B | $2.57B | $2.41B | $2.22B | $2.39B |
| YoY % | +1.4% | +3.1% | +5.6% | +6.5% | -4.8% | -4.8% | +16.7% | +5.4% | -6.0% | -8.1% | +7.8% | |
| Total Operating Expenses | $22.01B | $2.21B | $2.27B | $2.41B | $2.55B | $3.19B | $2.30B | $2.65B | $2.77B | $2.68B | $2.52B | $2.64B |
| YoY % | -90.0% | +2.6% | +6.3% | +5.9% | +25.0% | -28.0% | +15.2% | +4.6% | -3.3% | -5.8% | +4.8% | |
| Operating Income | $762.3M | $824.5M | $876.8M | $945.7M | $1.15B | $107.7M | $894.5M | $1.56B | $2.07B | $1.47B | $768.6M | $822.2M |
| YoY % | +8.2% | +6.3% | +7.9% | +21.3% | -90.6% | +730.6% | +74.0% | +32.9% | -28.9% | -47.8% | +7.0% | |
| Equity Method Income | $7.3M | $7.0M | $7.6M | $3.4M | -$2.3M | -$2.8M | -$531,000 | $3.5M | $7.7M | $6.4M | $1.4M | $3.2M |
| YoY % | -3.8% | +7.6% | -54.8% | +118.5% | -16.4% | -78.6% | +133.8% | |||||
| Impairment of Real Estate | — | — | — | — | — | — | $7.2M | $4.5M | $1.2M | — | — | — |
| YoY % | -37.5% | -73.3% | ||||||||||
| Pretax Income | — | — | — | — | — | — | — | $1.44B | $1.88B | $1.16B | $489.3M | $717.9M |
| YoY % | +31.2% | -38.2% | -58.0% | +46.7% | ||||||||
| Income Tax | $184.9M | $191.7M | $190.7M | $286.5M | $187.8M | $88.3M | $172.8M | $325.9M | $449.0M | $255.0M | $95.8M | $148.2M |
| YoY % | +3.7% | -0.5% | +50.2% | -34.5% | -53.0% | +95.6% | +88.6% | +37.8% | -43.2% | -62.4% | +54.7% | |
| Net Income (incl. NCI) | $498.4M | $500.5M | $524.8M | $407.4M | $721.6M | -$200.2M | $586.5M | $1.11B | $1.44B | $909.4M | $393.5M | $569.7M |
| YoY % | +0.4% | +4.9% | -22.4% | +77.1% | +89.3% | +29.2% | -36.6% | -56.7% | +44.8% | |||
| Minority Interest (P&L) | $345,000 | $2.8M | $2.0M | $5.2M | $5.4M | $3.9M | $2.0M | $2.3M | $8.3M | $5.9M | $1.4M | -$1.6M |
| YoY % | +700.0% | -28.5% | +163.6% | +3.4% | -27.1% | -48.3% | +12.1% | +264.3% | -29.2% | -75.5% | ||
| Net Income | $498.0M | $497.7M | $522.8M | $402.2M | $716.2M | -$204.1M | $584.4M | $1.11B | $1.43B | $903.5M | $392.1M | $571.3M |
| YoY % | -0.1% | +5.0% | -23.1% | +78.1% | +89.6% | +28.8% | -36.7% | -56.6% | +45.7% | |||
| EPS (Basic) | $5.05 | $5.26 | $5.75 | $4.54 | $8.19 | -$2.44 | $7.49 | $15.29 | $22.01 | $16.03 | $7.36 | $11.03 |
| YoY % | +4.2% | +9.3% | -21.0% | +80.4% | +104.1% | +44.0% | -27.2% | -54.1% | +49.9% | |||
| EPS (Diluted) | $4.98 | $5.20 | $5.68 | $4.48 | $8.10 | -$2.44 | $7.43 | $15.10 | $21.80 | $15.84 | $7.29 | $10.93 |
| YoY % | +4.4% | +9.2% | -21.1% | +80.8% | +103.2% | +44.4% | -27.3% | -54.0% | +49.9% | |||
| Weighted Avg Shares (Basic) | 98.7M | 94.6M | 91.0M | 88.7M | 87.5M | 83.6M | 78.0M | 72.5M | 64.8M | 56.4M | 53.3M | 51.8M |
| YoY % | -4.1% | -3.9% | -2.5% | -1.4% | -4.5% | -6.7% | -7.1% | -10.5% | -13.1% | -5.5% | -2.8% | |
| Weighted Avg Shares (Diluted) | 99.9M | 95.7M | 92.0M | 89.8M | 88.4M | 83.6M | 78.6M | 73.4M | 65.5M | 57.0M | 53.8M | 52.3M |
| YoY % | -4.3% | -3.8% | -2.5% | -1.5% | -5.5% | -5.9% | -6.7% | -10.8% | -12.9% | -5.7% | -2.9% |
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.
