| Market Cap | $12.97B | |
| Enterprise Value | — | |
| Revenue | $14.33B | +1.6% |
| Gross Profit | $2.71B | +1.0% |
| EBITDA | $1.34B | +3.0% |
| Net Income | $362.0M | −18.0% |
| Diluted EPS | $1.28 | −14.7% |
| Free Cash Flow | $1.16B | +65.8% |
| DPS (FY2025) | $0.56 |
| Trailing yield | 0.89% |
| Payout ratio | 43.0% |
| Growth streak | 1 yr |
| 5y DPS growth | −3.8% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $0.56 | +27.3% | reported |
| FY20242024-12-31 | $0.44 | −21.4% | reported |
| FY20232023-12-31 | $0.56 | −17.6% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | 21.26% | 21.58% | 21.18% | 20.66% | 18.79% | 18.41% | 18.75% | 18.09% | 18.80% | 18.68% | 25% | 23% | |
| Operating Margin | 11.60% | 11.07% | 10.73% | 10.94% | 11.30% | 12.81% | 6.08% | 7.74% | 7.99% | 8.17% | 3.88% | 3.74% | 4% | 46% | |
| EBITDA Margin | 15.58% | 15.06% | 15.04% | 15.10% | 15.39% | 17.13% | 11.67% | 12.61% | 12.35% | 12.27% | 8.65% | 8.77% | 13% | 55% | |
| NOPAT Margin | 8.14% | 7.76% | 7.25% | 4.97% | 9.31% | 8.07% | 3.58% | 6.76% | 6.28% | 5.79% | 3.08% | 2.39% | 4% | 42% | |
| Net Margin | 7.90% | 7.19% | 6.56% | 4.49% | 8.84% | 7.34% | 4.92% | 4.55% | 7.47% | 4.40% | 2.40% | 1.93% | 4% | 47% | |
| FCF Margin | — | — | — | — | — | — | — | 5.90% | 4.42% | 3.98% | 5.05% | 8.24% | 90% | 75% | |
| FCFF Margin | — | — | — | — | — | — | — | 6.50% | 4.86% | 4.34% | 5.52% | 8.68% | 90% | 63% | |
| FCFE Margin | — | — | — | — | — | — | — | 10.87% | 4.35% | 0.93% | 8.48% | 5.38% | 50% | 56% | |
| OCF Margin | — | — | — | — | — | — | — | 10.25% | 9.34% | 9.84% | 9.81% | 11.51% | 90% | 71% | |
| Gross Profitability | 24.31% | 18.49% | 21.83% | 21.61% | 22.09% | 21.66% | 11.92% | 13.11% | 13.94% | 17.77% | 18.92% | 19.42% | 54% | 24% | |
| Capex Intensity | 6.78% | 7.20% | 5.52% | 5.71% | 5.19% | 4.73% | 4.34% | 4.35% | 4.92% | 5.86% | 4.76% | 3.28% | 4% | 64% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 5.0% vs reported ROE 5.0%. 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 | $8.31B | $8.02B | $9.07B | $9.80B | $10.53B | $10.17B | $10.16B | $11.80B | $12.63B | $14.20B | $14.09B | $14.32B |
| YoY % | -3.4% | +13.1% | +8.0% | +7.5% | -3.4% | -0.0% | +16.1% | +7.0% | +12.4% | -0.8% | +1.6% | |
| Cost of Revenue | — | — | $7.14B | $7.68B | $8.30B | $8.07B | $8.26B | $9.63B | $10.27B | $11.63B | $11.44B | $11.64B |
| YoY % | +7.6% | +8.0% | -2.8% | +2.3% | +16.7% | +6.6% | +13.3% | -1.7% | +1.8% | |||
| Gross Profit | $1.76B | $1.70B | $1.93B | $2.12B | $2.23B | $2.10B | $1.91B | $2.17B | $2.37B | $2.57B | $2.65B | $2.67B |
| YoY % | -3.0% | +13.2% | +9.7% | +5.4% | -5.8% | -9.1% | +13.8% | +9.0% | +8.4% | +3.1% | +1.0% | |
| R&D Expense | $336.2M | $307.4M | $343.2M | $408.0M | $440.0M | $413.0M | $476.0M | $586.0M | $701.0M | $717.0M | $736.0M | $710.0M |
| YoY % | -8.6% | +11.6% | +18.9% | +7.8% | -6.1% | +15.3% | +23.1% | +19.6% | +2.3% | +2.6% | -3.5% | |
| SG&A Expense | $698.9M | $662.0M | $818.0M | $899.0M | $946.0M | $873.0M | $951.0M | $1.08B | $1.29B | $1.32B | $1.35B | $1.30B |
| YoY % | -5.3% | +23.6% | +9.9% | +5.2% | -7.7% | +8.9% | +14.1% | +18.9% | +2.0% | +2.6% | -3.4% | |
| Operating Income | $963.7M | $888.3M | $973.2M | $1.07B | $1.19B | $1.30B | $618.0M | $914.0M | $1.01B | $1.16B | $546.0M | $536.0M |
| YoY % | -7.8% | +9.6% | +10.2% | +11.0% | +9.5% | -52.6% | +47.9% | +10.4% | +15.0% | -52.9% | -1.8% | |
| Interest Expense | — | — | — | — | — | $55.0M | $73.0M | $82.0M | $71.0M | $73.0M | $84.0M | $99.0M |
| YoY % | +32.7% | +12.3% | -13.4% | +2.8% | +15.1% | +17.9% | ||||||
| Interest & Investment Income | $5.5M | $7.5M | $6.3M | $6.0M | $6.0M | $12.0M | $12.0M | $11.0M | $20.0M | $35.0M | $54.0M | $60.0M |
| YoY % | +36.4% | -16.0% | -4.8% | 0.0% | +100.0% | 0.0% | -8.3% | +81.8% | +75.0% | +54.3% | +11.1% | |
| Other Non-Operating Income | $10.4M | $1.0M | $0 | $2.0M | $4.0M | $0 | $0 | — | — | — | — | — |
| YoY % | -90.4% | -100.0% | +100.0% | -100.0% | ||||||||
| Equity Method Income | $47.3M | $40.0M | $42.9M | $51.0M | $49.0M | $32.0M | $18.0M | $42.0M | $28.0M | $30.0M | $27.0M | $35.0M |
| YoY % | -15.4% | +7.3% | +18.9% | -3.9% | -34.7% | -43.8% | +133.3% | -33.3% | +7.1% | -10.0% | +29.6% | |
| Impairment of Real Estate | — | — | — | — | — | — | $17.0M | — | — | $0 | $0 | $16.0M |
| Pretax Income | $980.1M | $875.4M | $942.7M | $1.06B | $1.20B | $1.26B | $964.0M | $510.0M | $913.0M | $991.0M | $539.0M | $524.0M |
| YoY % | -10.7% | +7.7% | +12.8% | +12.5% | +5.8% | -23.8% | -47.1% | +79.0% | +8.5% | -45.6% | -2.8% | |
| Income Tax | $292.6M | $261.5M | $306.0M | $580.0M | $211.0M | $468.0M | $397.0M | $65.0M | $195.0M | $289.0M | $111.0M | $189.0M |
| YoY % | -10.6% | +17.0% | +89.5% | -63.6% | +121.8% | -15.2% | -83.6% | +200.0% | +48.2% | -61.6% | +70.3% | |
| Income from Continuing Operations | — | — | — | — | — | — | — | $343.0M | $636.0M | $632.0M | $367.0M | $277.0M |
| YoY % | +85.4% | -0.6% | -41.9% | -24.5% | ||||||||
| Income from Discontinued Operations | — | — | — | — | — | — | — | $194.0M | $308.0M | -$7.0M | -$29.0M | $0 |
| YoY % | +58.8% | |||||||||||
| Net Income (incl. NCI) | $687.5M | $613.9M | $636.7M | $483.0M | $985.0M | $797.0M | $567.0M | $639.0M | $1.03B | $695.0M | $399.0M | $335.0M |
| YoY % | -10.7% | +3.7% | -24.1% | +103.9% | -19.1% | -28.9% | +12.7% | +60.6% | -32.3% | -42.6% | -16.0% | |
| Minority Interest (P&L) | $31.7M | $36.7M | $41.7M | $43.0M | $54.0M | $51.0M | $67.0M | $102.0M | $82.0M | — | — | — |
| YoY % | +15.8% | +13.6% | +3.1% | +25.6% | -5.6% | +31.4% | +52.2% | -19.6% | ||||
| Net Income | $655.8M | $577.2M | $595.0M | $440.0M | $931.0M | $746.0M | $500.0M | $537.0M | $944.0M | $625.0M | $338.0M | $277.0M |
| YoY % | -12.0% | +3.1% | -26.1% | +111.6% | -19.9% | -33.0% | +7.4% | +75.8% | -33.8% | -45.9% | -18.0% | |
| EPS (Basic) | $2.89 | $2.57 | $2.78 | $2.09 | $4.47 | $3.63 | $2.35 | $2.25 | $4.01 | $2.68 | $1.51 | $1.29 |
| YoY % | -11.1% | +8.2% | -24.8% | +113.9% | -18.8% | -35.3% | -4.3% | +78.2% | -33.2% | -43.7% | -14.6% | |
| EPS (Diluted) | $2.86 | $2.56 | $2.76 | $2.08 | $4.44 | $3.61 | $2.34 | $2.24 | $3.99 | $2.67 | $1.50 | $1.28 |
| YoY % | -10.5% | +7.8% | -24.6% | +113.5% | -18.7% | -35.2% | -4.3% | +78.1% | -33.1% | -43.8% | -14.7% | |
| Weighted Avg Shares (Basic) | 227.2M | 224.4M | 214.4M | 210.4M | 208.2M | 205.7M | 213.0M | 238.1M | 235.5M | 232.8M | 223.5M | 214.2M |
| YoY % | -1.2% | -4.5% | -1.9% | -1.0% | -1.2% | +3.5% | +11.8% | -1.1% | -1.1% | -4.0% | -4.2% | |
| Weighted Avg Shares (Diluted) | 228.9M | 225.6M | 215.3M | 211.5M | 209.5M | 206.8M | 214.0M | 239.5M | 236.8M | 234.4M | 224.8M | 216.4M |
| YoY % | -1.4% | -4.6% | -1.8% | -0.9% | -1.3% | +3.5% | +11.9% | -1.1% | -1.0% | -4.1% | -3.7% | |
| Dividends Declared per Share | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $0 | $1 |
| YoY % | +2.0% | +1.9% | +11.3% | +15.3% | 0.0% | 0.0% | 0.0% | 0.0% | -17.6% | -21.4% | +27.3% |
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 | $0.68 | +0.0% | reported |
| FY20212021-12-31 | $0.68 | +0.0% | reported |
| FY20202020-12-31 | $0.68 | +0.0% | reported |
| FY20192019-12-31 | $0.68 | +0.0% | reported |
| FY20182018-12-31 | $0.68 | +15.3% | reported |
| FY20172017-12-31 | $0.59 | +11.3% | reported |
| FY20162016-12-31 | $0.53 | +1.9% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-01 | $0.1700 | 2026-06-15 | quarterly | licensed |
| 2026-03-02 | $0.1700 | 2026-03-16 | quarterly | licensed |
| 2025-12-01 | $0.1700 | 2025-12-15 | quarterly | licensed |
| 2025-09-02 | $0.1700 | 2025-09-15 | quarterly | licensed |
| 2025-06-02 | $0.1100 | 2025-06-16 | quarterly | licensed |
| 2025-03-03 | $0.1100 | — | quarterly | licensed |
| 2024-12-02 | $0.1100 | — | quarterly | licensed |
| 2024-09-03 | $0.1100 | — | quarterly | licensed |
