| Market Cap | $26.92B | |
| Enterprise Value | $27.54B | |
| Revenue | $3.61B | +12.1% |
| Gross Profit | $1.34B | +12.8% |
| EBITDA | $786.2M | +19.2% |
| Net Income | $511.1M | +19.6% |
| Diluted EPS | $12.87 | +22.0% |
| Free Cash Flow | $590.8M | +14.6% |
| DPS (FY2025) | $0.93 |
| Trailing yield | 0.13% |
| Payout ratio | 7.2% |
| Growth streak | 9 yrs |
| 5y DPS growth | 6.5% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $0.93 | +12.0% | reported |
| FY20242024-12-31 | $0.83 | +5.1% | reported |
| FY20232023-12-31 | $0.79 | +5.3% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | — | — | — | 36.12% | 35.18% | 37.23% | 37.33% | 37.51% | 36.96% | 37.20% | 50% | 64% | |
| Operating Margin | 12.59% | 14.08% | 14.06% | 14.32% | 15.49% | 16.24% | 12.08% | 15.05% | 16.56% | 17.03% | 16.94% | 18.11% | 96% | 87% | |
| EBITDA Margin | 17.89% | 18.65% | 18.61% | 18.72% | 19.76% | 20.35% | 16.93% | 19.61% | 20.94% | 21.11% | 20.39% | 21.68% | 96% | 81% | |
| NOPAT Margin | — | — | — | — | — | 12.60% | 9.25% | 11.34% | 12.52% | 13.04% | 13.14% | 14.14% | 93% | 85% | |
| Net Margin | 5.05% | 6.59% | 8.88% | 9.46% | 11.43% | 12.36% | 8.42% | 10.49% | 11.51% | 12.46% | 12.98% | 13.84% | 96% | 86% | |
| FCF Margin | 11.80% | 5.76% | 17.85% | 14.80% | 11.73% | 14.13% | 8.94% | 13.83% | 10.03% | 14.18% | 15.48% | 15.83% | 88% | 87% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 11.42% | 15.56% | 16.60% | 16.79% | 88% | 78% | |
| FCFE Margin | 11.79% | 5.38% | 17.85% | 8.19% | 9.65% | 14.13% | — | — | — | — | — | — | — | — | |
| OCF Margin | 14.79% | 7.37% | 20.07% | 17.12% | 13.94% | 16.94% | 10.92% | 15.47% | 11.53% | 15.75% | 17.44% | 18.39% | 88% | 80% | |
| Gross Profitability | 22.96% | 26.20% | 24.19% | 24.74% | 26.76% | 23.88% | 20.92% | 22.61% | 21.46% | 23.09% | 23.14% | 24.93% | 79% | 56% | |
| Capex Intensity | 2.99% | 1.61% | 2.22% | 2.32% | 2.21% | 2.80% | 1.99% | 1.64% | 1.49% | 1.57% | 1.95% | 2.56% | 79% | 54% | |
| ▸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 19.6% vs reported ROE 19.4%. 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 | $2.24B | $2.21B | $2.11B | $2.27B | $2.41B | $2.49B | $2.39B | $2.51B | $2.56B | $2.85B | $3.12B | $3.50B |
| YoY % | -1.7% | -4.4% | +7.7% | +6.2% | +3.2% | -3.9% | +4.8% | +2.0% | +11.3% | +9.7% | +12.1% | |
| Cost of Revenue | — | — | — | — | — | $1.59B | $1.55B | $1.57B | $1.60B | $1.78B | $1.97B | $2.20B |
| YoY % | -2.5% | +1.5% | +1.9% | +11.0% | +10.7% | +11.6% | ||||||
| Gross Profit | $776.5M | $783.3M | $734.7M | $800.8M | $871.3M | $898.7M | $841.2M | $927.8M | $954.6M | $1.07B | $1.15B | $1.30B |
| YoY % | +0.9% | -6.2% | +9.0% | +8.8% | +3.2% | -6.4% | +10.3% | +2.9% | +11.8% | +8.1% | +12.8% | |
| R&D Expense | $67.8M | $60.8M | $59.4M | $61.4M | $64.5M | $72.5M | $74.8M | $88.5M | $80.8M | $85.8M | $91.6M | $95.2M |
| YoY % | -10.3% | -2.3% | +3.3% | +5.1% | +12.4% | +3.2% | +18.3% | -8.6% | +6.1% | +6.9% | +3.8% | |
| SG&A Expense | $298.3M | $290.3M | $265.6M | $292.4M | $306.5M | $301.4M | $303.3M | $326.1M | $324.1M | $359.7M | $373.5M | $399.6M |
| YoY % | -2.7% | -8.5% | +10.1% | +4.8% | -1.7% | +0.6% | +7.5% | -0.6% | +11.0% | +3.8% | +7.0% | |
| Operating Income | $282.4M | $310.6M | $296.5M | $325.1M | $373.6M | $404.0M | $288.8M | $377.1M | $423.4M | $484.6M | $528.6M | $633.5M |
| YoY % | +10.0% | -4.5% | +9.6% | +14.9% | +8.1% | -28.5% | +30.6% | +12.3% | +14.4% | +9.1% | +19.8% | |
| Interest Expense | — | — | — | — | — | — | — | — | $47.0M | $51.4M | $44.9M | $43.1M |
| YoY % | +9.4% | -12.7% | -3.8% | |||||||||
| Other Non-Operating Income | $365,000 | $615,000 | $12.7M | $16.0M | $16.6M | $23.9M | $9.7M | $12.1M | $12.7M | $29.9M | $38.3M | $29.6M |
| YoY % | +68.5% | +1963.4% | +25.8% | +3.9% | +43.7% | -59.1% | +23.8% | +5.5% | +134.5% | +28.4% | -22.7% | |
| Gains on Sale of Real Estate | — | — | — | — | — | — | $0 | $568,000 | $4.7M | $2.9M | $10,000 | -$362,000 |
| YoY % | +722.4% | -38.3% | -99.7% | |||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $33.0M | $19.1M | $0 | $0 | — | — |
| YoY % | -42.2% | -100.0% | ||||||||||
| Pretax Income | — | — | — | — | — | $396.5M | $263.1M | $349.0M | $389.2M | $463.1M | $522.1M | $620.0M |
| YoY % | -33.7% | +32.7% | +11.5% | +19.0% | +12.7% | +18.8% | ||||||
| Income Tax | $77.0M | $82.9M | $78.6M | $84.7M | $80.5M | $88.9M | $61.7M | $86.1M | $94.8M | $108.6M | $117.1M | $135.8M |
| YoY % | +7.7% | -5.3% | +7.8% | -5.0% | +10.4% | -30.6% | +39.7% | +10.1% | +14.5% | +7.8% | +16.0% | |
| Income from Continuing Operations | $169.9M | $192.2M | $189.4M | $214.9M | $275.7M | — | — | — | — | — | — | — |
| YoY % | +13.1% | -1.5% | +13.5% | +28.3% | ||||||||
| Income from Discontinued Operations | -$56.6M | -$46.8M | -$2.1M | $0 | $0 | — | — | — | — | — | — | — |
| Net Income | $113.3M | $145.5M | $187.3M | $214.9M | $275.7M | $307.6M | $201.4M | $262.8M | $294.3M | $354.5M | $405.0M | $484.2M |
| YoY % | +28.3% | +28.8% | +14.7% | +28.3% | +11.5% | -34.5% | +30.5% | +12.0% | +20.4% | +14.2% | +19.6% | |
| EPS (Basic) | $2.36 | $3.12 | $4.22 | $4.86 | $6.28 | $7.20 | $4.83 | $6.50 | $7.67 | $9.26 | $10.61 | $12.94 |
| YoY % | +32.2% | +35.3% | +15.2% | +29.2% | +14.6% | -32.9% | +34.6% | +18.0% | +20.7% | +14.6% | +22.0% | |
| EPS (Diluted) | $2.31 | $3.05 | $4.15 | $4.80 | $6.22 | $7.15 | $4.80 | $6.47 | $7.62 | $9.20 | $10.55 | $12.87 |
| YoY % | +32.0% | +36.1% | +15.7% | +29.6% | +15.0% | -32.9% | +34.8% | +17.8% | +20.7% | +14.7% | +22.0% | |
| Weighted Avg Shares (Basic) | 48.0M | 46.6M | 44.4M | 44.2M | 43.9M | 42.7M | 41.7M | 40.4M | 38.4M | 38.3M | 38.2M | 37.4M |
| YoY % | -2.9% | -4.8% | -0.5% | -0.7% | -2.6% | -2.3% | -3.2% | -5.0% | -0.3% | -0.3% | -1.9% | |
| Weighted Avg Shares (Diluted) | 49.1M | 47.6M | 45.0M | 44.8M | 44.3M | 43.0M | 42.0M | 40.6M | 38.6M | 38.5M | 38.4M | 37.6M |
| YoY % | -3.0% | -5.4% | -0.6% | -1.0% | -2.9% | -2.4% | -3.3% | -4.8% | -0.3% | -0.4% | -1.9% | |
| Dividends Declared per Share | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 |
| YoY % | 0.0% | 0.0% | +7.7% | +7.1% | +10.0% | +3.0% | +4.4% | +5.6% | +5.3% | +5.1% | +12.0% |
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 | $0.75 | +5.6% | reported |
| FY20212021-12-31 | $0.71 | +4.4% | reported |
| FY20202020-12-31 | $0.68 | +3.0% | reported |
| FY20192019-12-31 | $0.66 | +10.0% | reported |
| FY20182018-12-31 | $0.60 | +7.1% | reported |
| FY20172017-12-31 | $0.56 | +7.7% | reported |
| FY20162016-12-31 | $0.52 | +0.0% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-15 | $0.2600 | — | quarterly | licensed |
| 2026-03-26 | $0.2400 | 2026-04-13 | quarterly | licensed |
| 2025-11-28 | $0.2400 | 2025-12-12 | quarterly | licensed |
| 2025-09-26 | $0.2400 | 2025-10-10 | quarterly | licensed |
| 2025-06-16 | $0.2400 | 2025-07-07 | quarterly | licensed |
| 2025-03-27 | $0.2100 | — | quarterly | licensed |
| 2024-11-22 | $0.2100 | — | quarterly | licensed |
| 2024-09-27 | $0.2100 | — | quarterly | licensed |
