| Market Cap | $18.90B | |
| Enterprise Value | $23.91B | |
| Revenue | $22.90B | +6.8% |
| Gross Profit | $4.94B | +5.9% |
| EBITDA | $1.97B | +1.3% |
| Net Income | $1.08B | −1.0% |
| Diluted EPS | $8.08 | +1.4% |
| Free Cash Flow | $1.08B | −5.8% |
| DPS (FY2025) | $2.49derived |
| Trailing yield | 1.68% |
| Payout ratio | 30.8% |
| Growth streak | 10 yrs |
| 5y DPS growth | 10.4% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $2.49 | +1.3% | derived (paid ÷ diluted shares) |
| FY20242024-12-31 | $2.46 | +4.1% | 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 | 15.91% | 16.29% | 18.86% | 18.49% | 16.67% | 16.86% | 17.38% | 17.14% | 19.73% | 21.76% | 21.92% | 21.73% | 79% | 28% | |
| Operating Margin | 5.57% | 5.71% | 5.86% | 5.70% | 6.08% | 6.29% | 6.39% | 6.82% | 7.31% | 7.86% | 7.86% | 7.38% | 79% | 66% | |
| EBITDA Margin | 7.30% | 7.46% | 7.68% | 7.42% | 7.71% | 7.77% | 8.69% | 7.73% | 8.53% | 9.13% | 9.17% | 8.70% | 79% | 54% | |
| NOPAT Margin | 3.52% | 3.56% | 3.70% | 4.52% | 4.65% | 4.88% | 5.02% | 5.19% | 5.47% | 5.99% | 5.90% | 5.52% | 79% | 65% | |
| Net Margin | 2.03% | 3.10% | 3.04% | 3.44% | 3.96% | 4.09% | 4.27% | 4.75% | 4.69% | 5.17% | 5.13% | 4.76% | 79% | 65% | |
| FCF Margin | 3.15% | 1.44% | 3.87% | 4.59% | 5.05% | 4.39% | 6.26% | 3.29% | 5.09% | 6.79% | 5.50% | 4.85% | 54% | 58% | |
| FCFE Margin | 2.12% | 1.44% | 3.81% | 4.33% | 5.05% | 7.71% | 13.18% | 22.05% | 2.41% | 6.08% | 11.20% | 6.55% | 63% | 61% | |
| OCF Margin | 3.60% | 2.14% | 4.32% | 5.12% | 5.58% | 5.70% | 7.12% | 3.77% | 5.63% | 7.48% | 6.08% | 5.37% | 46% | 42% | |
| Gross Profitability | 31.62% | 31.32% | 33.46% | 35.17% | 37.77% | 38.00% | 34.35% | 27.04% | 35.69% | 35.02% | 31.35% | 30.41% | 13% | 40% | |
| Capex Intensity | 0.46% | 0.69% | 0.45% | 0.53% | 0.53% | 1.31% | 0.86% | 0.48% | 0.54% | 0.69% | 0.58% | 0.52% | 29% | 13% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||||||||
| ▸Leverage · 8 ratios | |||||||||||||||
| ▸Working capital · 5 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 42.7% vs reported ROE 43.0%. 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 | $12.07B | $12.99B | $13.98B | $15.19B | $16.24B | $18.03B | $18.47B | $20.82B | $23.75B | $21.38B | $21.00B | $22.42B |
| YoY % | +7.6% | +7.6% | +8.7% | +6.9% | +11.0% | +2.4% | +12.7% | +14.1% | -10.0% | -1.8% | +6.8% | |
| Cost of Revenue | $10.15B | $10.87B | $11.34B | $12.38B | $13.53B | $14.99B | $15.26B | $17.25B | $19.06B | $16.72B | $16.40B | $17.55B |
| YoY % | +7.1% | +4.3% | +9.2% | +9.3% | +10.8% | +1.8% | +13.1% | +10.5% | -12.3% | -2.0% | +7.0% | |
| Gross Profit | $1.92B | $2.12B | $2.33B | $2.45B | $2.71B | $3.04B | $3.21B | $3.57B | $4.69B | $4.65B | $4.60B | $4.87B |
| YoY % | +10.1% | +10.0% | +5.2% | +10.5% | +12.3% | +5.6% | +11.2% | +31.3% | -0.7% | -1.1% | +5.9% | |
| SG&A Expense | $1.11B | $1.23B | $1.35B | $1.41B | $1.72B | $1.91B | $2.03B | $2.15B | $2.95B | $2.97B | $2.95B | $3.22B |
| YoY % | +10.4% | +9.7% | +4.8% | +22.0% | +10.9% | +6.5% | +5.8% | +37.3% | +0.7% | -0.7% | +9.0% | |
| Operating Income | $673.0M | $742.0M | $820.0M | $866.5M | $987.3M | $1.13B | $1.18B | $1.42B | $1.74B | $1.68B | $1.65B | $1.66B |
| YoY % | +10.3% | +10.5% | +5.7% | +13.9% | +14.8% | +4.0% | +20.3% | +22.3% | -3.1% | -1.8% | +0.3% | |
| Other Non-Operating Income | $2.7M | -$9.3M | $1.8M | -$55.3M | $1.8M | -$24.5M | -$22.0M | $29.7M | -$11.7M | -$4.1M | -$1.4M | -$800,000 |
| Equity Method Income | $1.2M | -$11.2M | $0 | $0 | — | — | — | — | — | — | — | — |
| Impairment of Real Estate | — | — | — | — | — | — | — | — | — | $13.0M | — | — |
| Pretax Income | $387.7M | $647.0M | $673.2M | $660.7M | $840.5M | $949.7M | $1.00B | $1.30B | $1.49B | $1.45B | $1.44B | $1.43B |
| YoY % | +66.9% | +4.0% | -1.9% | +27.2% | +13.0% | +5.5% | +29.5% | +14.6% | -2.5% | -1.0% | -0.6% | |
| Income Tax | $142.8M | $243.9M | $248.1M | $137.6M | $197.5M | $212.9M | $213.8M | $309.2M | $373.3M | $345.9M | $357.6M | $360.8M |
| YoY % | +70.8% | +1.7% | -44.5% | +43.5% | +7.8% | +0.4% | +44.6% | +20.7% | -7.3% | +3.4% | +0.9% | |
| Net Income | $244.9M | $403.1M | $425.1M | $523.1M | $643.0M | $736.8M | $788.5M | $988.6M | $1.11B | $1.10B | $1.08B | $1.07B |
| YoY % | +64.6% | +5.5% | +23.1% | +22.9% | +14.6% | +7.0% | +25.4% | +12.7% | -0.9% | -2.4% | -1.0% | |
| EPS (Basic) | $1.44 | $2.37 | $2.60 | $3.37 | $4.26 | $5.08 | $5.53 | $7.14 | $8.24 | $8.20 | $8.06 | $8.13 |
| YoY % | +64.6% | +9.7% | +29.6% | +26.4% | +19.2% | +8.9% | +29.1% | +15.4% | -0.5% | -1.7% | +0.9% | |
| EPS (Diluted) | $1.42 | $2.35 | $2.56 | $3.31 | $4.19 | $4.99 | $5.45 | $7.04 | $8.13 | $8.10 | $7.97 | $8.08 |
| YoY % | +65.5% | +8.9% | +29.3% | +26.6% | +19.1% | +9.2% | +29.2% | +15.5% | -0.4% | -1.6% | +1.4% | |
| Weighted Avg Shares (Basic) | 170.6M | 170.3M | 163.6M | 155.4M | 150.9M | 145.1M | 142.6M | 138.5M | 135.2M | 134.6M | 133.8M | 131.3M |
| YoY % | -0.2% | -3.9% | -5.0% | -2.9% | -3.8% | -1.7% | -2.9% | -2.4% | -0.4% | -0.6% | -1.9% | |
| Weighted Avg Shares (Diluted) | 172.8M | 171.8M | 166.0M | 158.2M | 153.6M | 147.8M | 144.8M | 140.5M | 137.0M | 136.3M | 135.2M | 132.1M |
| YoY % | -0.6% | -3.4% | -4.7% | -2.9% | -3.8% | -2.0% | -3.0% | -2.5% | -0.5% | -0.8% | -2.3% | |
| Dividends Declared per Share | $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.
| FY20232023-12-31 | $2.36 | +14.3% | derived (paid ÷ diluted shares) |
| FY20222022-12-31 | $2.06 | +23.4% | derived (paid ÷ diluted shares) |
| FY20212021-12-31 | $1.67 | +10.2% | derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $1.52 | +22.2% | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $1.24 | +36.7% | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | $0.91 | +34.3% | derived (paid ÷ diluted shares) |
| FY20172017-12-31 | $0.68 | +42.5% | derived (paid ÷ diluted shares) |
| FY20162016-12-31 | $0.47 | +54.0% | derived (paid ÷ diluted shares) |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-22 | $0.6300 | — | quarterly | licensed |
| 2026-02-25 | $0.6300 | 2026-03-10 | quarterly | licensed |
| 2025-11-25 | $0.6300 | 2025-12-10 | quarterly | licensed |
| 2025-08-25 | $0.6250 | 2025-09-10 | quarterly | licensed |
| 2025-05-23 | $0.6250 | 2025-06-10 | quarterly | licensed |
| 2025-02-25 | $0.6250 | — | quarterly | licensed |
| 2024-11-25 | $0.6250 | — | quarterly | licensed |
| 2024-08-26 | $0.6200 | — | quarterly | licensed |
