| Market Cap | $387.33B | |
| Enterprise Value | $413.95B | |
| Revenue | $70.75B | +4.3% |
| Gross Profit | $9.94B | −7.2% |
| EBITDA | $13.97B | −11.9% |
| Net Income | $9.43B | −17.7% |
| Diluted EPS | $18.81 | −14.7% |
| Free Cash Flow | $9.48B | −11.2% |
| DPS (FY2025) | $5.94 |
| Trailing yield | 0.71% |
| Payout ratio | — |
| Growth streak | 11 yrs |
| 5y DPS growth | 7.6% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $5.94 | +7.4% | reported |
| FY20242024-12-31 | $5.53 | +8.4% | reported |
| FY20232023-12-31 | $5.10 | +8.3% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | 27.23% | 31.24% | 32.39% | 31.91% | 30.34% | 30.33% | 30.42% | 36.23% | 37.97% | 33.79% | 75% | 55% | |
| Operating Margin | 6.01% | 8.05% | 3.02% | 9.81% | 15.15% | 15.41% | 10.91% | 13.49% | 13.30% | 19.33% | 20.17% | 16.50% | 79% | 84% | |
| EBITDA Margin | 11.74% | 14.53% | 10.89% | 16.14% | 20.21% | 20.20% | 16.73% | 18.11% | 17.03% | 22.53% | 23.49% | 19.84% | 63% | 77% | |
| NOPAT Margin | 4.69% | 5.91% | 0.00% | 1.79% | 11.86% | 11.96% | 8.16% | 10.63% | 10.16% | 15.21% | 16.20% | 12.54% | 79% | 81% | |
| Net Margin | 4.44% | 5.34% | −0.17% | 1.66% | 11.23% | 11.33% | 7.18% | 12.73% | 11.28% | 15.41% | 16.65% | 13.14% | 79% | 84% | |
| FCF Margin | — | — | — | — | 9.65% | 10.88% | 12.81% | 11.98% | 10.89% | 16.83% | 15.50% | 13.19% | 69% | 79% | |
| OCF Margin | — | — | — | 12.55% | 11.98% | 12.85% | 15.16% | 14.12% | 13.07% | 19.21% | 18.57% | 17.37% | 72% | 77% | |
| Gross Profitability | — | — | 14.05% | 18.45% | 22.58% | 21.89% | 16.17% | 18.67% | 22.06% | 27.77% | 28.04% | 23.16% | 75% | 52% | |
| Capex Intensity | — | — | — | — | 2.33% | 1.96% | 2.34% | 2.14% | 2.18% | 2.38% | 3.07% | 4.17% | 94% | 68% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 44.1% vs reported ROE 43.5%. 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 | $55.18B | $47.01B | $38.54B | $45.46B | $54.72B | $53.80B | $41.75B | $50.97B | $59.43B | $67.06B | $64.81B | $67.59B |
| YoY % | -14.8% | -18.0% | +18.0% | +20.4% | -1.7% | -22.4% | +22.1% | +16.6% | +12.8% | -3.4% | +4.3% | |
| Cost of Revenue | — | — | $28.04B | $31.26B | $37.00B | $36.63B | $29.08B | $35.51B | $41.35B | $42.77B | $40.20B | $44.75B |
| YoY % | +11.5% | +18.4% | -1.0% | -20.6% | +22.1% | +16.4% | +3.4% | -6.0% | +11.3% | |||
| R&D Expense | $2.38B | $2.12B | $1.85B | $1.84B | $1.85B | $1.69B | $1.42B | $1.69B | $1.81B | $2.11B | $2.11B | $2.15B |
| YoY % | -11.0% | -12.6% | -0.6% | +0.4% | -8.5% | -16.4% | +19.2% | +7.6% | +16.2% | -0.0% | +1.9% | |
| SG&A Expense | $6.53B | $4.95B | $4.38B | $5.00B | $5.48B | $5.16B | $4.64B | $5.37B | $5.65B | $6.37B | $6.67B | $6.99B |
| YoY % | -24.2% | -11.5% | +14.1% | +9.6% | -5.8% | -10.1% | +15.6% | +5.3% | +12.7% | +4.6% | +4.8% | |
| Total Operating Expenses | — | — | — | — | $46.43B | $45.51B | $37.20B | $44.09B | $51.52B | $54.09B | $51.74B | $56.44B |
| YoY % | -2.0% | -18.3% | +18.5% | +16.9% | +5.0% | -4.4% | +9.1% | |||||
| Operating Income | $3.31B | $3.79B | $1.16B | $4.46B | $8.29B | $8.29B | $4.55B | $6.88B | $7.90B | $12.97B | $13.07B | $11.15B |
| YoY % | +14.2% | -69.3% | +283.8% | +85.9% | -0.0% | -45.1% | +51.1% | +14.9% | +64.0% | +0.8% | -14.7% | |
| Other Non-Operating Income | $322.0M | $161.0M | -$518.0M | $153.0M | -$67.0M | -$57.0M | -$44.0M | $1.81B | $1.29B | $595.0M | $813.0M | $892.0M |
| YoY % | -50.0% | -28.8% | -53.9% | +36.6% | +9.7% | |||||||
| Equity Method Income | $8.0M | $0 | -$6.0M | $16.0M | $24.0M | $28.0M | $14.0M | $31.0M | $19.0M | $63.0M | $44.0M | $109.0M |
| YoY % | -100.0% | +50.0% | +16.7% | -50.0% | +121.4% | -38.7% | +231.6% | -30.2% | +147.7% | |||
| Pretax Income | $3.15B | $3.44B | $139.0M | $4.08B | $7.82B | $7.81B | $4.00B | $8.20B | $8.75B | $13.05B | $13.37B | $11.54B |
| YoY % | +9.1% | -96.0% | +2836.7% | +91.6% | -0.1% | -48.9% | +105.4% | +6.7% | +49.1% | +2.5% | -13.7% | |
| Income Tax | $692.0M | $916.0M | $192.0M | $3.34B | $1.70B | $1.75B | $1.01B | $1.74B | $2.07B | $2.78B | $2.63B | $2.77B |
| YoY % | +32.4% | -79.0% | +1639.1% | -49.1% | +2.8% | -42.4% | +73.2% | +18.7% | +34.5% | -5.5% | +5.3% | |
| Net Income (incl. NCI) | $2.47B | $2.52B | -$59.0M | $759.0M | $6.15B | $6.09B | $3.00B | $6.49B | $6.70B | $10.33B | $10.79B | $8.88B |
| YoY % | +2.2% | +710.0% | -0.9% | -50.7% | +116.2% | +3.2% | +54.1% | +4.4% | -17.7% | |||
| Minority Interest (P&L) | $16.0M | $11.0M | $8.0M | $5.0M | $1.0M | $1.0M | $5.0M | $4.0M | -$1.0M | -$3.0M | -$4.0M | -$2.0M |
| YoY % | -31.3% | -27.3% | -37.5% | -80.0% | 0.0% | +400.0% | -20.0% | |||||
| Net Income to Common | $2.45B | $2.51B | -$67.0M | $754.0M | $6.15B | $6.09B | $3.00B | $6.49B | $6.71B | $10.34B | $10.79B | $8.88B |
| YoY % | +2.4% | +715.3% | -0.9% | -50.8% | +116.4% | +3.3% | +54.1% | +4.4% | -17.7% | |||
| EPS (Basic) | $3.97 | $4.23 | -$0.11 | $1.27 | $10.39 | $10.85 | $5.51 | $11.93 | $12.72 | $20.24 | $22.17 | $18.90 |
| YoY % | +6.5% | +718.1% | +4.4% | -49.2% | +116.5% | +6.6% | +59.1% | +9.5% | -14.7% | |||
| EPS (Diluted) | $3.90 | $4.18 | -$0.11 | $1.26 | $10.26 | $10.74 | $5.46 | $11.83 | $12.64 | $20.12 | $22.05 | $18.81 |
| YoY % | +7.2% | +714.3% | +4.7% | -49.2% | +116.7% | +6.8% | +59.2% | +9.6% | -14.7% | |||
| Weighted Avg Shares (Basic) | 617.2M | 594.3M | 584.3M | 591.8M | 591.4M | 561.6M | 544.1M | 544.0M | 526.9M | 510.6M | 486.7M | 470.0M |
| YoY % | -3.7% | -1.7% | +1.3% | -0.1% | -5.0% | -3.1% | -0.0% | -3.1% | -3.1% | -4.7% | -3.4% | |
| Weighted Avg Shares (Diluted) | 628.9M | 601.3M | 584.3M | 599.3M | 599.4M | 567.5M | 548.6M | 548.5M | 530.4M | 513.6M | 489.4M | 472.3M |
| YoY % | -4.4% | -2.8% | +2.6% | +0.0% | -5.3% | -3.3% | -0.0% | -3.3% | -3.2% | -4.7% | -3.5% | |
| Dividends Declared per Share | $3 | $3 | $3 | $3 | $3 | $4 | $4 | $4 | $5 | $5 | $6 | $6 |
| YoY % | +11.5% | +2.3% | +1.0% | +8.0% | +17.6% | +4.3% | +5.8% | +8.0% | +8.3% | +8.4% | +7.4% |
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 | $4.71 | +8.0% | reported |
| FY20212021-12-31 | $4.36 | +5.8% | reported |
| FY20202020-12-31 | $4.12 | +4.3% | reported |
| FY20192019-12-31 | $3.95 | +17.6% | reported |
| FY20182018-12-31 | $3.36 | +8.0% | reported |
| FY20172017-12-31 | $3.11 | +1.0% | reported |
| FY20162016-12-31 | $3.08 | +2.3% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-07-20 | $1.63 | — | quarterly | licensed |
| 2026-04-20 | $1.51 | 2026-05-19 | quarterly | licensed |
| 2026-01-20 | $1.51 | 2026-02-19 | quarterly | licensed |
| 2025-10-20 | $1.51 | 2025-11-20 | quarterly | licensed |
| 2025-07-21 | $1.51 | 2025-08-20 | quarterly | licensed |
| 2025-04-21 | $1.41 | 2025-05-20 | quarterly | licensed |
| 2025-01-21 | $1.41 | — | quarterly | licensed |
| 2024-10-21 | $1.41 | — | quarterly | licensed |
