| Market Cap | $95.64B | |
| Enterprise Value | — | |
| Revenue | $6.77B | +6.4% |
| Gross Profit | — | — |
| EBITDA | $4.52B | +7.2% |
| Net Income | $4.29B | +15.5% |
| Diluted EPS | $11.16 | +15.4% |
| Free Cash Flow | $4.21B | +16.6% |
| DPS (FY2025) | $5.00 |
| Trailing yield | 1.88% |
| Payout ratio | 96.6% |
| Growth streak | 0 yrs |
| 5y DPS growth | −3.3% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $5.00 | −51.9% | reported |
| FY20242024-12-31 | $10.40 | +7.8% | reported |
| FY20232023-12-31 | $9.65 |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | 56.82% | 59.78% | 61.21% | 63.40% | 60.51% | 53.16% | 54.01% | 56.40% | 60.08% | 61.58% | 64.13% | 64.86% | 96% | 93% | |
| EBITDA Margin | 61.08% | 63.66% | 64.80% | 66.50% | 63.26% | 56.42% | 57.14% | 59.56% | 62.77% | 63.84% | 66.01% | 66.51% | 96% | 72% | |
| NOPAT Margin | 36.14% | 38.09% | 41.05% | 63.40% | 42.78% | 41.82% | 41.79% | 44.09% | 46.33% | 47.83% | 49.79% | 49.55% | 79% | 84% | |
| Net Margin | 36.21% | 37.48% | 42.67% | 111.49% | 45.53% | 43.48% | 43.12% | 56.23% | 53.61% | 57.83% | 57.52% | 62.45% | 88% | 93% | |
| FCF Margin | 36.97% | 42.63% | 45.62% | 45.80% | 53.93% | 49.86% | 51.56% | 48.51% | 59.10% | 60.54% | 58.67% | 64.31% | 96% | 90% | |
| FCFF Margin | 39.41% | 44.88% | 47.93% | 49.01% | 56.52% | 52.74% | 54.20% | 51.30% | 61.60% | 62.76% | 60.71% | 66.34% | 96% | 70% | |
| FCFE Margin | 36.97% | 64.99% | 45.62% | 45.80% | 81.43% | 49.86% | 51.56% | — | — | — | — | — | — | — | |
| OCF Margin | 41.49% | 46.07% | 48.18% | 48.05% | 56.64% | 54.91% | 55.61% | 51.23% | 60.88% | 61.91% | 60.20% | 65.59% | 96% | 87% | |
| Capex Intensity | 4.52% | 3.43% | 2.55% | 2.25% | 2.71% | 5.05% | 4.04% | 2.71% | 1.79% | 1.37% | 1.53% | 1.28% | 4% | 44% | |
| ▸Returns on Capital · 3 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 6 ratios | |||||||||||||||
| ▸Liquidity & coverage · 5 ratios | |||||||||||||||
| ▸Leverage · 2 ratios | |||||||||||||||
| ▸Working capital · 3 ratios | |||||||||||||||
| ▸Capital allocation · 3 ratios | |||||||||||||||
| ▸Per share · 3 ratios | |||||||||||||||
The five drivers multiply to 16.7% vs reported ROE 14.8%. 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 | $3.11B | $3.33B | $3.60B | $3.64B | $4.31B | $4.87B | $4.88B | $4.69B | $5.02B | $5.58B | $6.13B | $6.52B |
| YoY % | +6.9% | +8.1% | +1.4% | +18.2% | +13.0% | +0.3% | -4.0% | +7.0% | +11.1% | +9.9% | +6.4% | |
| Total Operating Expenses | $1.34B | $1.34B | $1.39B | $1.33B | $1.70B | $2.28B | $2.25B | $2.04B | $2.00B | $2.14B | $2.20B | $2.29B |
| YoY % | -0.4% | +4.2% | -4.3% | +27.6% | +34.0% | -1.5% | -9.0% | -2.0% | +7.0% | +2.6% | +4.2% | |
| Operating Income | $1.77B | $1.99B | $2.20B | $2.31B | $2.61B | $2.59B | $2.64B | $2.65B | $3.02B | $3.44B | $3.93B | $4.23B |
| YoY % | +12.5% | +10.7% | +5.0% | +12.9% | -0.8% | +1.9% | +0.3% | +14.0% | +13.9% | +14.4% | +7.6% | |
| Interest Expense | $119.4M | $117.4M | $123.5M | $117.0M | $157.7M | $178.0M | $166.2M | $166.9M | $162.7M | $159.4M | $160.9M | $173.4M |
| YoY % | -1.7% | +5.2% | -5.3% | +34.8% | +12.9% | -6.6% | +0.4% | -2.5% | -2.0% | +0.9% | +7.8% | |
| Other Non-Operating Income | $1.8M | -$42.8M | -$41.4M | -$328.2M | -$570.0M | -$534.9M | -$122.4M | $342.6M | -$1.86B | -$4.69B | -$3.66B | -$4.83B |
| Equity Method Income | $84.8M | $100.0M | $110.2M | $129.2M | $152.8M | $176.8M | $190.6M | $245.8M | $301.1M | $296.9M | $350.9M | $371.7M |
| YoY % | +17.9% | +10.2% | +17.2% | +18.3% | +15.7% | +7.8% | +29.0% | +22.5% | -1.4% | +18.2% | +5.9% | |
| Gains on Sale of Real Estate | — | — | — | — | — | — | $0 | $30.4M | $0 | $0 | — | — |
| YoY % | -100.0% | |||||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $26.3M | $0 | $0 | — | — | — |
| YoY % | -100.0% | |||||||||||
| Pretax Income | $1.77B | $1.96B | $2.29B | $2.53B | $2.78B | $2.69B | $2.72B | $3.37B | $3.49B | $4.15B | $4.54B | $5.33B |
| YoY % | +10.5% | +16.9% | +10.4% | +10.0% | -3.2% | +1.2% | +23.9% | +3.5% | +19.0% | +9.3% | +17.4% | |
| Income Tax | $644.5M | $709.8M | $753.5M | -$1.54B | $814.1M | $573.8M | $615.7M | $736.7M | $799.3M | $927.4M | $1.02B | $1.26B |
| YoY % | +10.1% | +6.2% | -29.5% | +7.3% | +19.7% | +8.5% | +16.0% | +9.5% | +23.9% | |||
| Net Income (incl. NCI) | $1.13B | $1.25B | $1.53B | $4.06B | $1.96B | $2.12B | $2.11B | $2.64B | $2.69B | $3.23B | $3.53B | $4.07B |
| YoY % | +10.7% | +23.0% | +164.9% | -51.7% | +7.7% | -0.4% | +25.2% | +2.1% | +19.9% | +9.3% | +15.5% | |
| Minority Interest (P&L) | -$200,000 | $0 | $0 | — | $1.5M | -$700,000 | $1.2M | $500,000 | $0 | $0 | — | — |
| YoY % | -58.3% | -100.0% | ||||||||||
| Net Income | $1.13B | $1.25B | $1.53B | $4.06B | $1.96B | $2.12B | $2.11B | $2.64B | $2.69B | $3.23B | $3.53B | $4.07B |
| YoY % | +10.6% | +23.0% | +164.9% | -51.7% | +7.9% | -0.5% | +25.2% | +2.0% | +19.9% | +9.3% | +15.5% | |
| Net Income to Common | — | — | — | — | — | $2.12B | $2.11B | $2.62B | $2.66B | $3.19B | $3.48B | $4.02B |
| YoY % | -0.5% | +24.3% | +1.5% | +19.9% | +9.3% | +15.5% | ||||||
| EPS (Basic) | $3.37 | $3.71 | $4.55 | $12.00 | $5.73 | $5.93 | $5.88 | $7.30 | $7.41 | $8.87 | $9.69 | $11.18 |
| YoY % | +10.1% | +22.6% | +163.7% | -52.3% | +3.5% | -0.8% | +24.1% | +1.5% | +19.7% | +9.2% | +15.4% | |
| EPS (Diluted) | $3.35 | $3.69 | $4.53 | $11.94 | $5.71 | $5.91 | $5.87 | $7.29 | $7.40 | $8.86 | $9.67 | $11.16 |
| YoY % | +10.1% | +22.8% | +163.6% | -52.2% | +3.5% | -0.7% | +24.2% | +1.5% | +19.7% | +9.1% | +15.4% | |
| Weighted Avg Shares (Basic) | 334.4M | 336.2M | 337.5M | 338.7M | 342.3M | 357.2M | 357.8M | 358.3M | 358.7M | 359.0M | 359.4M | 359.6M |
| YoY % | +0.5% | +0.4% | +0.4% | +1.1% | +4.3% | +0.2% | +0.2% | +0.1% | +0.1% | +0.1% | +0.1% | |
| Weighted Avg Shares (Diluted) | 336.1M | 337.9M | 339.0M | 340.2M | 343.7M | 358.2M | 358.5M | 358.9M | 359.2M | 359.5M | 359.9M | 360.3M |
| YoY % | +0.5% | +0.3% | +0.4% | +1.0% | +4.2% | +0.1% | +0.1% | +0.1% | +0.1% | +0.1% | +0.1% | |
| Dividends Declared per Share | $4 | $5 | $6 | $6 | $5 | $6 | $6 | $6 | $9 | $10 | $10 | $5 |
| YoY % | +11.4% | +15.3% | +8.7% | -25.9% | +20.9% | +7.3% | 0.0% | +44.1% | +13.5% | +7.8% | -51.9% |
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 | $8.50 | +44.1% | reported |
| FY20212021-12-31 | $5.90 | +0.0% | reported |
| FY20202020-12-31 | $5.90 | +7.3% | reported |
| FY20192019-12-31 | $5.50 | +20.9% | reported |
| FY20182018-12-31 | $4.55 | −25.9% | reported |
| FY20172017-12-31 | $6.14 | +8.7% | reported |
| FY20162016-12-31 | $5.65 | +15.3% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-09 | $1.30 | — | quarterly | licensed |
| 2026-03-10 | $7.45 | 2026-03-26 | annual | licensed |
| 2025-12-12 | $1.25 | 2025-12-30 | quarterly | licensed |
| 2025-09-09 | $1.25 | 2025-09-25 | quarterly | licensed |
| 2025-06-09 | $1.25 | 2025-06-25 | quarterly | licensed |
| 2025-03-07 | $1.25 | — | quarterly | licensed |
| 2024-12-27 | $5.80 | — | quarterly | licensed |
| 2024-12-09 | $1.15 | — | quarterly | licensed |
