| Market Cap | $68.43B | |
| Enterprise Value | $77.90B | |
| Revenue | $20.61B | +19.9% |
| Gross Profit | $14.26B | +20.6% |
| EBITDA | $5.19B | +28.6% |
| Net Income | $3.56B | +56.3% |
| Diluted EPS | $1.94 | +55.2% |
| Free Cash Flow | $3.48B | +38.3% |
| DPS (FY2024) | $0.00derived |
| Trailing yield | 0.00% |
| Payout ratio | — |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20242024-12-31 | $0.00 | −100.0% | derived (paid ÷ diluted shares) |
| FY20232023-12-31 | $0.02 | −49.9% | derived (paid ÷ diluted shares) |
| FY20222022-12-31 | $0.04 | −0.4% | derived (paid ÷ diluted shares) |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 70.38% | 73.07% | 73.29% | 71.34% | 71.36% | 70.97% | 65.05% | 68.78% | 68.81% | 69.49% | 68.61% | 69.01% | 38% | 62% | |
| Operating Margin | −4.03% | −3.51% | 4.93% | 14.20% | 15.33% | 14.14% | −0.81% | 10.09% | 13.00% | 16.45% | 15.54% | 18.00% | 96% | 89% | |
| EBITDA Margin | 5.68% | 6.02% | 13.90% | 23.53% | 24.43% | 23.56% | 10.52% | 19.28% | 21.96% | 24.85% | 23.12% | 24.81% | 88% | 89% | |
| NOPAT Margin | −3.19% | −2.77% | 4.93% | 1.60% | 15.33% | 14.14% | −0.64% | 9.75% | 7.95% | 13.20% | 12.57% | 15.38% | 96% | 88% | |
| Net Margin | −1.59% | −2.96% | 3.82% | 1.15% | 17.01% | 43.78% | −0.83% | 8.76% | 5.50% | 11.19% | 11.07% | 14.44% | 79% | 86% | |
| FCF Margin | 13.54% | 5.50% | 8.88% | 12.23% | −0.06% | 12.81% | 11.42% | 11.07% | 7.40% | 12.58% | 15.79% | 18.22% | 96% | 88% | |
| FCFF Margin | — | — | 11.45% | 12.52% | 2.39% | 17.21% | — | 13.84% | 9.66% | 14.08% | 17.27% | 19.71% | 94% | 67% | |
| FCFE Margin | 13.54% | −8.75% | 6.13% | 1.18% | −6.19% | −20.35% | — | — | — | — | — | — | — | — | |
| OCF Margin | 17.01% | 8.56% | 13.02% | 15.76% | 3.16% | 17.10% | 15.21% | 15.73% | 12.03% | 17.58% | 20.51% | 22.59% | 96% | 89% | |
| Gross Profitability | 30.37% | 29.25% | 32.95% | 33.90% | 33.39% | 24.93% | 20.95% | 25.37% | 26.88% | 28.16% | 29.17% | 31.72% | 71% | 55% | |
| Capex Intensity | 3.47% | 3.06% | 4.14% | 3.53% | 3.22% | 4.29% | 3.79% | 4.66% | 4.64% | 4.99% | 4.72% | 4.36% | 63% | 63% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 6 ratios | |||||||||||||||
| ▸Working capital · 5 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 12.6% vs reported ROE 12.6%. 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 | $7.46B | $8.07B | $9.08B | $9.05B | $9.82B | $10.73B | $9.91B | $11.89B | $12.68B | $14.24B | $16.75B | $20.07B |
| YoY % | +8.1% | +12.5% | -0.3% | +8.6% | +9.3% | -7.7% | +19.9% | +6.7% | +12.3% | +17.6% | +19.9% | |
| Cost of Revenue | $2.21B | $2.17B | $2.42B | $2.59B | $2.81B | $3.12B | $3.46B | $3.71B | $3.96B | $4.34B | $5.26B | $6.22B |
| YoY % | -1.7% | +11.6% | +7.0% | +8.5% | +10.8% | +11.2% | +7.1% | +6.6% | +9.8% | +21.0% | +18.3% | |
| Gross Profit | $5.17B | $5.30B | $5.96B | $6.46B | $7.01B | $7.62B | $6.45B | $8.18B | $8.73B | $9.90B | $11.49B | $13.85B |
| YoY % | +2.6% | +12.4% | +8.3% | +8.6% | +8.7% | -15.4% | +26.8% | +6.7% | +13.4% | +16.1% | +20.6% | |
| R&D Expense | — | $876.0M | $920.0M | $997.0M | $1.11B | $1.17B | $1.14B | $1.20B | $1.32B | $1.41B | $1.61B | $2.05B |
| YoY % | +5.0% | +8.4% | +11.6% | +5.5% | -2.6% | +5.3% | +9.9% | +6.9% | +14.2% | +27.1% | ||
| SG&A Expense | $2.90B | $2.87B | $3.10B | $3.29B | $3.57B | $3.94B | $3.79B | $4.36B | $4.52B | $5.19B | $5.98B | $6.89B |
| YoY % | -1.0% | +7.9% | +6.3% | +8.3% | +10.4% | -3.9% | +15.1% | +3.7% | +14.8% | +15.3% | +15.1% | |
| Total Operating Expenses | $5.47B | $5.59B | $5.51B | $5.17B | $5.50B | $6.10B | $6.53B | $6.98B | $7.08B | $7.55B | $8.89B | $10.24B |
| YoY % | +2.1% | -1.3% | -6.3% | +6.5% | +10.9% | +7.0% | +6.9% | +1.4% | +6.7% | +17.7% | +15.2% | |
| Operating Income | -$301.0M | -$283.0M | $447.0M | $1.28B | $1.51B | $1.52B | -$80.0M | $1.20B | $1.65B | $2.34B | $2.60B | $3.61B |
| YoY % | +187.5% | +17.2% | +0.8% | +37.5% | +42.1% | +11.1% | +38.8% | |||||
| Interest Expense | $216.0M | $284.0M | $233.0M | $229.0M | $241.0M | $473.0M | $361.0M | $341.0M | $470.0M | $265.0M | $305.0M | $349.0M |
| YoY % | +31.5% | -18.0% | -1.7% | +5.2% | +96.3% | -23.7% | -5.5% | +37.8% | -43.6% | +15.1% | +14.4% | |
| Other Non-Operating Income | $8.0M | -$83.0M | -$37.0M | -$124.0M | $156.0M | -$358.0M | $362.0M | $218.0M | -$508.0M | -$358.0M | -$321.0M | -$228.0M |
| YoY % | -39.8% | |||||||||||
| Impairment of Real Estate | — | — | — | — | — | — | — | — | — | $27.0M | $72.0M | $124.0M |
| YoY % | +166.7% | +72.2% | ||||||||||
| Pretax Income | -$509.0M | -$650.0M | $177.0M | $933.0M | $1.42B | $687.0M | -$79.0M | $1.08B | $1.14B | $1.99B | $2.28B | $3.38B |
| YoY % | +427.1% | +52.4% | -51.7% | +6.0% | +74.0% | +15.0% | +48.3% | |||||
| Income Tax | -$390.0M | -$411.0M | -$170.0M | $828.0M | -$249.0M | -$4.01B | $2.0M | $36.0M | $443.0M | $393.0M | $436.0M | $493.0M |
| YoY % | +1700.0% | +1130.6% | -11.3% | +10.9% | +13.1% | |||||||
| Net Income (incl. NCI) | -$119.0M | -$239.0M | $347.0M | $104.0M | $1.67B | $4.70B | -$82.0M | $1.04B | $698.0M | $1.59B | $1.85B | $2.89B |
| YoY % | -70.0% | +1506.7% | +181.3% | -32.9% | +128.1% | +16.0% | +56.7% | |||||
| Minority Interest (P&L) | — | — | — | — | — | — | — | $0 | $0 | -$1.0M | -$8.0M | -$6.0M |
| Net Income to Common | — | — | — | — | $1.67B | $4.70B | -$115.0M | $985.0M | $642.0M | $1.57B | $1.85B | $2.90B |
| YoY % | +181.3% | -34.8% | +144.5% | +18.0% | +56.4% | |||||||
| EPS (Basic) | -$0.09 | -$0.18 | $0.26 | $0.08 | $1.21 | $3.38 | -$0.08 | $0.69 | $0.45 | $1.08 | $1.26 | $1.96 |
| YoY % | -69.2% | +1412.5% | +179.3% | -34.8% | +140.0% | +16.7% | +55.6% | |||||
| EPS (Diluted) | -$0.09 | -$0.18 | $0.25 | $0.08 | $1.19 | $3.33 | -$0.08 | $0.69 | $0.45 | $1.07 | $1.25 | $1.94 |
| YoY % | -68.0% | +1387.5% | +179.8% | -34.8% | +137.8% | +16.8% | +55.2% | |||||
| Weighted Avg Shares (Basic) | 1.32B | 1.34B | 1.36B | 1.37B | 1.38B | 1.39B | 1.42B | 1.42B | 1.43B | 1.45B | 1.47B | 1.48B |
| YoY % | +1.3% | +1.2% | +0.9% | +0.8% | +0.8% | +1.8% | +0.4% | +0.6% | +1.6% | +1.3% | +0.6% | |
| Weighted Avg Shares (Diluted) | 1.32B | 1.34B | 1.38B | 1.39B | 1.40B | 1.41B | 1.42B | 1.43B | 1.44B | 1.46B | 1.49B | 1.49B |
| YoY % | +1.3% | +2.7% | +1.1% | +0.6% | +0.7% | +0.4% | +1.2% | +0.4% | +1.7% | +1.5% | +0.6% |
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.
| FY20212021-12-31 | $0.04 | +94.1% | derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $0.02 | — | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $0.00 | — | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | $0.00 | — | derived (paid ÷ diluted shares) |
