| Market Cap | $175.11B | |
| Enterprise Value | $205.25B | |
| Revenue | $94.00B | +34.5% |
| Gross Profit | $4.40B | — |
| EBITDA | $6.80B | — |
| Net Income | $2.44B | — |
| Diluted EPS | $2.48 | — |
| Free Cash Flow | -$210.0M | — |
| DPS (FY2025) | $0.43derived |
| Trailing yield | 0.20% |
| Payout ratio | 14.8% |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $0.43 | — | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $8.22 | +14.3% | reported |
| FY20182018-12-31 | $7.19 | +20.4% | reported |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 15.44% | 14.59% | 15.48% | 18.50% | 19.42% | 5.83% | −9.78% | 4.90% | 5.30% | 9.93% | −2.99% | 4.79% | 21% | 5% | |
| Operating Margin | 8.23% | 7.74% | 6.98% | 11.00% | 11.85% | −2.58% | −21.95% | −4.61% | −5.28% | −0.99% | −16.10% | 4.79% | 54% | 43% | |
| EBITDA Margin | 10.33% | 9.65% | 9.00% | 13.18% | 13.94% | 0.39% | −18.09% | −1.17% | −2.31% | 1.40% | −13.34% | 6.97% | 54% | 37% | |
| NOPAT Margin | 6.28% | 5.60% | 6.08% | 9.21% | 10.68% | −2.04% | −17.34% | −3.64% | −4.17% | −0.78% | −12.72% | 4.06% | 54% | 41% | |
| Net Margin | 6.00% | 5.39% | 5.38% | 9.00% | 10.34% | −0.83% | −20.42% | −6.75% | −7.41% | −2.86% | −17.77% | 2.50% | 54% | 41% | |
| FCF Margin | 7.30% | 7.19% | 8.43% | 12.35% | 13.45% | −5.59% | −33.90% | −7.06% | 3.44% | 5.70% | −21.51% | −2.10% | 38% | 29% | |
| FCFF Margin | 7.58% | 7.40% | 8.72% | 12.67% | 13.87% | — | — | — | — | — | — | 0.53% | 8% | 7% | |
| OCF Margin | 9.76% | 9.74% | 11.23% | 14.20% | 15.15% | −3.19% | −31.66% | −5.48% | 5.27% | 7.66% | −18.16% | 1.19% | 38% | 29% | |
| Gross Profitability | 15.08% | 14.86% | 16.08% | 15.48% | 16.73% | 3.34% | −3.74% | 2.20% | 2.57% | 5.64% | −1.27% | 2.55% | 29% | 8% | |
| Capex Intensity | 2.46% | 2.55% | 2.79% | 1.85% | 1.70% | 2.40% | 2.24% | 1.57% | 1.83% | 1.96% | 3.35% | 3.29% | 88% | 49% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 5 ratios | |||||||||||||||
| ▸Capital allocation · 4 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 3152.7% vs reported ROE 1048.6%. 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↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $90.76B | $96.11B | $93.50B | $94.00B | $101.13B | $76.56B | $58.16B | $62.29B | $66.61B | $77.79B | $66.52B | $89.46B |
| YoY % | +5.9% | -2.7% | +0.5% | +7.6% | -24.3% | -24.0% | +7.1% | +6.9% | +16.8% | -14.5% | +34.5% | |
| Cost of Revenue | $76.75B | $82.09B | $79.03B | $76.61B | $81.49B | $72.09B | $63.84B | $59.24B | $63.08B | $70.07B | $68.51B | $85.17B |
| YoY % | +7.0% | -3.7% | -3.1% | +6.4% | -11.5% | -11.4% | -7.2% | +6.5% | +11.1% | -2.2% | +24.3% | |
| Gross Profit | $14.01B | $14.03B | $14.47B | $17.39B | $19.64B | $4.47B | -$5.68B | $3.05B | $3.53B | $7.72B | -$1.99B | $4.29B |
| YoY % | +0.1% | +3.2% | +20.2% | +12.9% | -77.3% | +15.8% | +118.8% | |||||
| R&D Expense | $3.05B | $3.33B | $4.63B | $3.18B | $3.27B | $3.22B | $2.48B | $2.25B | $2.85B | $3.38B | $3.81B | $3.62B |
| YoY % | +9.3% | +38.9% | -31.3% | +2.8% | -1.5% | -23.1% | -9.2% | +26.8% | +18.4% | +12.9% | -5.2% | |
| SG&A Expense | $3.77B | $3.52B | $3.61B | $4.09B | $4.57B | $3.91B | $4.82B | $4.16B | $4.19B | $5.17B | $5.02B | $6.09B |
| YoY % | -6.4% | +2.5% | +13.3% | +11.5% | -14.4% | +23.2% | -13.7% | +0.7% | +23.4% | -2.8% | +21.3% | |
| Operating Income | $7.47B | $7.44B | $6.53B | $10.34B | $11.99B | -$1.98B | -$12.77B | -$2.87B | -$3.52B | -$773.0M | -$10.71B | $4.28B |
| YoY % | -0.4% | -12.3% | +58.5% | +15.9% | ||||||||
| Interest Expense | $333.0M | $275.0M | $306.0M | $360.0M | $475.0M | $722.0M | $2.16B | $2.71B | $2.56B | $2.46B | $2.73B | $2.77B |
| YoY % | -17.4% | +11.3% | +17.6% | +31.9% | +52.0% | +198.6% | +25.9% | -5.6% | -4.0% | +10.8% | +1.7% | |
| Other Non-Operating Income | -$3.0M | -$13.0M | -$438.0M | $123.0M | $92.0M | $438.0M | $447.0M | $551.0M | $1.06B | $1.23B | $1.22B | $1.13B |
| YoY % | -25.2% | +376.1% | +2.1% | +23.3% | +92.0% | +16.0% | -0.4% | -7.9% | ||||
| Equity Method Income | $287.0M | $274.0M | $303.0M | $233.0M | $167.0M | $90.0M | $86.0M | $40.0M | $56.0M | $70.0M | $104.0M | $33.0M |
| YoY % | -4.5% | +10.6% | -23.1% | -28.3% | -46.1% | -4.4% | -53.5% | +40.0% | +25.0% | +48.6% | -68.3% | |
| Gains on Sale of Real Estate | — | — | — | — | — | — | $202.0M | $277.0M | $6.0M | $2.0M | $46.0M | $9.67B |
| YoY % | +37.1% | -97.8% | -66.7% | +2200.0% | +20926.1% | |||||||
| Impairment of Real Estate | — | — | — | — | — | — | $410.0M | $98.0M | $112.0M | $46.0M | $112.0M | $45.0M |
| YoY % | -76.1% | +14.3% | -58.9% | +143.5% | -59.8% | |||||||
| Pretax Income | $7.14B | $7.16B | $5.78B | $10.11B | $11.60B | -$2.26B | -$14.48B | -$5.03B | -$5.02B | -$2.00B | -$12.21B | $2.63B |
| YoY % | +0.3% | -19.2% | +74.8% | +14.8% | ||||||||
| Income Tax | $1.69B | $1.98B | $749.0M | $1.65B | $1.14B | -$1.62B | -$2.54B | -$743.0M | $31.0M | $237.0M | -$381.0M | $397.0M |
| YoY % | +17.0% | -62.2% | +120.2% | -30.6% | +664.5% | |||||||
| Income from Continuing Operations | $5.45B | $5.18B | — | — | — | — | — | — | — | — | — | — |
| YoY % | -5.0% | |||||||||||
| Net Income (incl. NCI) | $5.46B | $5.17B | $5.03B | $8.46B | $10.46B | -$636.0M | -$11.94B | -$4.29B | -$5.05B | -$2.24B | -$11.83B | $2.24B |
| YoY % | -5.2% | -2.7% | +68.0% | +23.7% | ||||||||
| Minority Interest (P&L) | -$10.0M | — | — | — | — | — | -$68.0M | -$88.0M | -$118.0M | -$20.0M | -$12.0M | $3.0M |
| Net Income | $5.45B | $5.18B | $5.03B | $8.46B | $10.46B | -$636.0M | -$11.87B | -$4.20B | -$4.93B | -$2.22B | -$11.82B | $2.23B |
| YoY % | -5.0% | -2.7% | +68.0% | +23.7% | ||||||||
| Net Income to Common | — | — | — | — | — | — | — | -$4.20B | -$4.93B | -$2.22B | -$11.88B | $1.89B |
| EPS (Basic) | $7.47 | $7.52 | $7.92 | $14.03 | $18.05 | -$1.12 | -$20.88 | -$7.15 | -$8.30 | -$3.67 | -$18.36 | $2.49 |
| YoY % | +0.7% | +5.3% | +77.1% | +28.7% | ||||||||
| EPS (Diluted) | $7.38 | $7.44 | $7.83 | $13.85 | $17.85 | -$1.12 | -$20.88 | -$7.15 | -$8.30 | -$3.67 | -$18.36 | $2.48 |
| YoY % | +0.8% | +5.2% | +76.9% | +28.9% | ||||||||
| Weighted Avg Shares (Basic) | 727.6M | 686.9M | 635.5M | 602.5M | 579.2M | 565.4M | 568.6M | 587.6M | 594.9M | 605.8M | 646.9M | 759.8M |
| YoY % | -5.6% | -7.5% | -5.2% | -3.9% | -2.4% | +0.6% | +3.3% | +1.2% | +1.8% | +6.8% | +17.5% | |
| Weighted Avg Shares (Diluted) | 736.7M | 695.0M | 642.8M | 610.0M | 585.5M | 565.4M | 568.6M | 587.6M | 594.9M | 605.8M | 646.9M | 762.3M |
| YoY % | -5.7% | -7.5% | -5.1% | -4.0% | -3.4% | +0.6% | +3.3% | +1.2% | +1.8% | +6.8% | +17.8% | |
| Dividends Declared per Share | $3 | $4 | $5 | $6 | $7 | $8 | — | — | — | — | — | — |
| YoY % | +23.2% | +22.8% | +27.3% | +20.4% | +14.3% |
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.
| FY20172017-12-31 |
| $5.97 |
| +27.3% |
| reported |
| FY20162016-12-31 | $4.69 | +22.8% | reported |
| FY20152015-12-31 | $3.82 | +23.2% | reported |
| FY20142014-12-31 | $3.10 | — | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2020-02-13 | $2.06 | — | quarterly | licensed |
| 2019-11-07 | $2.06 | — | quarterly | licensed |
| 2019-08-08 | $2.05 | — | quarterly | licensed |
| 2019-05-09 | $2.06 | — | quarterly | licensed |
| 2019-02-07 | $2.06 | — | quarterly | licensed |
| 2018-11-08 | $1.71 | — | quarterly | licensed |
| 2018-08-09 | $1.71 | — | quarterly | licensed |
| 2018-05-10 | $1.71 | — | quarterly | licensed |
