| Market Cap | $15.54B | |
| Enterprise Value | $17.05B | |
| Revenue | $3.38B | +18.3% |
| Gross Profit | $910.8M | +11.9% |
| EBITDA | $528.8M | +10.1% |
| Net Income | $344.6M | +16.7% |
| Diluted EPS | $3.74 | +16.6% |
| Free Cash Flow | $328.1M | +15.9% |
| DPS (FY2025) | $0.96 |
| Trailing yield | 0.57% |
| Payout ratio | 28.1% |
| Growth streak | 0 yrs |
| 5y DPS growth | 4.8% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $0.96 | +0.0% | reported |
| FY20242024-12-31 | $0.96 | +4.3% | reported |
| FY20232023-12-31 | $0.92 | +4.5% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 20.51% | 27.42% | 29.94% | 29.37% | 28.00% | 28.17% | 27.10% | 25.91% | 24.72% | 24.86% | 24.23% | 22.91% | 13% | 34% | |
| Operating Margin | 1.73% | 14.55% | 15.12% | 17.31% | 16.94% | 17.18% | 16.88% | 16.28% | 15.61% | 15.35% | 14.08% | 12.65% | 13% | 74% | |
| EBITDA Margin | 9.03% | 20.10% | 18.38% | 20.67% | 20.28% | 20.44% | 19.74% | 19.53% | 18.92% | 18.49% | 17.25% | 16.06% | 13% | 67% | |
| NOPAT Margin | 1.64% | 9.26% | 10.79% | 8.69% | 13.75% | 13.40% | 13.02% | 12.60% | 11.85% | 11.76% | 11.40% | 10.48% | 29% | 75% | |
| Net Margin | 2.03% | 9.29% | 11.81% | 8.76% | 12.61% | 12.88% | 13.12% | 14.40% | 10.67% | 9.85% | 10.43% | 10.28% | 38% | 78% | |
| FCF Margin | −0.08% | 18.85% | 12.08% | 7.41% | 3.33% | 5.13% | −2.76% | 3.53% | 2.08% | 8.51% | 9.42% | 9.23% | 71% | 66% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 3.32% | 9.95% | 10.61% | 10.38% | 63% | 53% | |
| FCFE Margin | — | — | — | — | — | — | — | 18.83% | 6.56% | 5.25% | 3.64% | −30.79% | 10% | 7% | |
| OCF Margin | 5.17% | 23.68% | 15.47% | 13.15% | 9.41% | 14.74% | 9.25% | 18.17% | 10.96% | 14.57% | 15.11% | 15.00% | 63% | 70% | |
| Gross Profitability | 10.42% | 28.22% | 29.39% | 28.95% | 30.45% | 27.97% | 25.09% | 22.00% | 21.07% | 22.59% | 22.83% | 17.16% | 13% | 33% | |
| Capex Intensity | 5.24% | 4.83% | 3.39% | 5.74% | 6.07% | 9.61% | 12.01% | 14.64% | 8.88% | 6.06% | 5.68% | 5.77% | 46% | 78% | |
| ▸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 · 3 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 31.9% vs reported ROE 28.4%. 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 | $1.45B | $1.42B | $1.55B | $1.69B | $1.80B | $1.89B | $2.12B | $2.12B | $2.23B | $2.50B | $2.70B | $3.20B |
| YoY % | -2.4% | +9.5% | +8.8% | +6.6% | +5.3% | +12.1% | +0.0% | +5.1% | +11.8% | +8.3% | +18.3% | |
| Cost of Revenue | $1.15B | $1.03B | $1.09B | $1.19B | $1.30B | $1.36B | $1.55B | $1.57B | $1.68B | $1.88B | $2.05B | $2.47B |
| YoY % | -10.9% | +5.7% | +9.7% | +8.7% | +5.0% | +13.7% | +1.7% | +6.8% | +11.6% | +9.2% | +20.4% | |
| R&D Expense | $54.8M | $10.5M | $6.4M | $7.2M | $15.2M | $17.7M | $14.2M | $11.1M | $9.5M | $7.6M | $7.5M | $13.9M |
| YoY % | -80.8% | -39.2% | +12.2% | +111.7% | +16.1% | -19.7% | -22.1% | -13.8% | -20.2% | -1.8% | +85.4% | |
| SG&A Expense | $230.4M | $207.8M | $209.5M | $210.1M | $214.1M | $216.8M | $231.2M | $230.4M | $234.3M | $279.7M | $318.7M | $394.4M |
| YoY % | -9.8% | +0.8% | +0.3% | +1.9% | +1.3% | +6.6% | -0.3% | +1.7% | +19.4% | +13.9% | +23.8% | |
| Total Operating Expenses | $1.46B | $1.22B | $1.33B | $1.41B | $1.53B | $1.60B | $1.79B | $1.81B | $1.93B | $2.16B | $2.38B | $2.87B |
| YoY % | -16.2% | +8.9% | +5.8% | +8.2% | +4.8% | +12.1% | +1.1% | +6.5% | +12.1% | +9.9% | +20.6% | |
| Operating Income | $25.1M | $205.9M | $234.4M | $292.2M | $305.0M | $325.5M | $358.6M | $345.8M | $348.6M | $383.1M | $380.6M | $404.5M |
| YoY % | +719.7% | +13.8% | +24.7% | +4.4% | +6.7% | +10.1% | -3.5% | +0.8% | +9.9% | -0.6% | +6.3% | |
| Interest Expense | — | — | — | — | — | — | — | — | $36.4M | $47.0M | $39.5M | $44.2M |
| YoY % | +29.2% | -16.1% | +12.0% | |||||||||
| Interest & Investment Income | $233,000 | $30.3M | $651,000 | $1.4M | $2.5M | $942,000 | $518,000 | $416,000 | $758,000 | $2.4M | $2.6M | $3.9M |
| YoY % | +12917.6% | -97.9% | +115.8% | +76.4% | -62.0% | -45.0% | -19.7% | +82.2% | +211.2% | +8.3% | +52.4% | |
| Other Non-Operating Income | $7.0M | $15.1M | $22.8M | $3.6M | -$24.8M | -$11.8M | $3.6M | $49.9M | -$34.2M | -$17.0M | $5.0M | $34.0M |
| YoY % | +115.7% | +51.0% | -84.4% | +1277.5% | +574.9% | |||||||
| Equity Method Income | $33.1M | $13.4M | $16.1M | $13.6M | $30.3M | $28.9M | $27.2M | $33.5M | $46.0M | $50.8M | $55.9M | $74.9M |
| YoY % | -59.5% | +20.0% | -15.3% | +122.9% | -4.7% | -6.1% | +23.4% | +37.2% | +10.5% | +10.1% | +33.9% | |
| Gains on Sale of Real Estate | — | — | — | — | — | — | $1.4M | $3.5M | -$5.5M | -$1.0M | -$4.4M | — |
| YoY % | +159.5% | |||||||||||
| Impairment of Real Estate | — | — | — | — | — | — | — | — | $5.5M | $1.0M | $4.4M | — |
| YoY % | -81.3% | +324.6% | ||||||||||
| Pretax Income | $32.1M | $221.1M | $257.3M | $295.8M | $280.1M | $313.7M | $362.2M | $395.7M | $314.4M | $321.4M | $348.7M | $398.1M |
| YoY % | +587.9% | +16.4% | +15.0% | -5.3% | +12.0% | +15.4% | +9.3% | -20.6% | +2.2% | +8.5% | +14.2% | |
| Income Tax | $1.7M | $80.4M | $73.7M | $147.4M | $52.8M | $69.1M | $83.0M | $89.4M | $75.8M | $75.1M | $66.4M | $68.3M |
| YoY % | +4655.5% | -8.4% | +100.1% | -64.2% | +30.7% | +20.1% | +7.8% | -15.3% | -0.9% | -11.5% | +2.8% | |
| Income from Continuing Operations | $38.7M | $140.8M | $183.1M | $147.8M | — | — | — | — | — | — | — | — |
| YoY % | +263.4% | +30.0% | -19.2% | |||||||||
| Income from Discontinued Operations | -$9.0M | -$9.2M | $0 | $0 | — | — | — | — | — | — | — | — |
| Net Income (incl. NCI) | $21.5M | $131.4M | $183.6M | $148.4M | $227.3M | $244.7M | $279.2M | $306.3M | $238.6M | $246.3M | $282.3M | $329.9M |
| YoY % | +512.6% | +39.7% | -19.2% | +53.2% | +7.6% | +14.1% | +9.7% | -22.1% | +3.2% | +14.6% | +16.8% | |
| Minority Interest (P&L) | -$7.9M | -$19,000 | $555,000 | $521,000 | $347,000 | $562,000 | $526,000 | $417,000 | $429,000 | $472,000 | $357,000 | $916,000 |
| YoY % | -6.1% | -33.4% | +62.0% | -6.4% | -20.7% | +2.9% | +10.0% | -24.4% | +156.6% | |||
| Net Income | $29.4M | $131.5M | $183.1M | $147.8M | $227.0M | $244.1M | $278.7M | $305.9M | $238.2M | $245.8M | $281.9M | $328.9M |
| YoY % | +347.3% | +39.2% | -19.2% | +53.5% | +7.6% | +14.2% | +9.8% | -22.1% | +3.2% | +14.7% | +16.7% | |
| Net Income to Common | $29.4M | $131.5M | $183.1M | $147.8M | — | — | — | — | — | — | — | — |
| YoY % | +347.3% | +39.2% | -19.2% | |||||||||
| EPS (Basic) | $0.27 | $1.23 | $1.79 | $1.49 | $2.29 | $2.56 | $2.92 | $3.24 | $2.60 | $2.68 | $3.08 | $3.59 |
| YoY % | +355.6% | +45.5% | -16.8% | +53.7% | +11.8% | +14.1% | +11.0% | -19.8% | +3.1% | +14.9% | +16.6% | |
| EPS (Diluted) | $0.27 | $1.22 | $1.76 | $1.47 | $2.27 | $2.55 | $2.91 | $3.24 | $2.60 | $2.68 | $3.07 | $3.58 |
| YoY % | +351.9% | +44.3% | -16.5% | +54.4% | +12.3% | +14.1% | +11.3% | -19.8% | +3.1% | +14.6% | +16.6% | |
| Weighted Avg Shares (Basic) | 108.5M | 106.7M | 102.5M | 99.3M | 99.1M | 95.4M | 95.5M | 94.3M | 91.4M | 91.6M | 91.6M | 91.6M |
| YoY % | -1.6% | -4.0% | -3.1% | -0.3% | -3.7% | +0.1% | -1.2% | -3.0% | +0.2% | -0.1% | -0.0% | |
| Weighted Avg Shares (Diluted) | 108.8M | 107.6M | 103.8M | 100.4M | 100.0M | 95.8M | 95.7M | 94.5M | 91.7M | 91.9M | 91.9M | 91.9M |
| YoY % | -1.1% | -3.5% | -3.3% | -0.3% | -4.2% | -0.1% | -1.3% | -3.0% | +0.2% | -0.0% | -0.0% | |
| Dividends Declared per Share | $0 | $0 | $0 | $0 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 |
| YoY % | -20.0% | +12.5% | +16.7% | +52.4% | +6.3% | +11.8% | +10.5% | +4.8% | +4.5% | +4.3% | 0.0% |
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 | $0.88 | +4.8% | reported |
| FY20212021-12-31 | $0.84 | +10.5% | reported |
| FY20202020-12-31 | $0.76 | +11.8% | reported |
| FY20192019-12-31 | $0.68 | +6.3% | reported |
| FY20182018-12-31 | $0.64 | +52.4% | reported |
| FY20172017-12-31 | $0.42 | +16.7% | reported |
| FY20162016-12-31 | $0.36 | +12.5% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-19 | $0.2700 | 2026-06-05 | quarterly | licensed |
| 2026-03-11 | $0.2700 | 2026-03-27 | quarterly | licensed |
| 2025-11-19 | $0.2500 | 2025-12-10 | quarterly | licensed |
| 2025-08-18 | $0.2500 | 2025-09-05 | quarterly | licensed |
| 2025-05-19 | $0.2500 | 2025-06-05 | quarterly | licensed |
| 2025-03-11 | $0.2500 | — | quarterly | licensed |
| 2024-11-19 | $0.2400 | — | quarterly | licensed |
| 2024-08-16 | $0.2400 | — | quarterly | licensed |
