| Market Cap | $14.38B | |
| Enterprise Value | — | |
| Revenue | $5.47B | +9.8% |
| Gross Profit | $3.16B | +9.4% |
| EBITDA | $1.34B | +7.2% |
| Net Income | $1.02B | +6.0% |
| Diluted EPS | $7.02 | +10.9% |
| Free Cash Flow | $1.10B | +14.5% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend · 13y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||||||
| Gross Margin | — | — | — | 46.66% | 48.95% | 51.49% | 51.75% | 53.98% | 51.03% | 50.32% | 55.63% | 57.88% | 57.70% | 85% | 86% | |
| Operating Margin | — | — | — | −0.11% | 11.69% | 16.20% | 15.85% | 19.81% | 17.93% | 18.00% | 21.63% | 23.65% | 23.08% | 85% | 89% | |
| EBITDA Margin | — | — | — | 2.83% | 14.25% | 18.42% | 17.68% | 21.40% | 19.29% | 19.31% | 22.97% | 25.04% | 24.46% | 85% | 84% | |
| NOPAT Margin | — | — | — | −0.08% | 6.06% | — | — | — | — | — | — | — | — | — | — | |
| Net Margin | — | — | — | 0.32% | 6.01% | 13.08% | 12.95% | 15.03% | 14.35% | 14.25% | 17.71% | 19.38% | 18.71% | 85% | 90% | |
| FCF Margin | — | — | — | 8.65% | 15.37% | 16.35% | 11.90% | 22.16% | 3.85% | 12.58% | 22.01% | 19.22% | 20.05% | 75% | 92% | |
| FCFE Margin | — | — | — | 8.62% | 15.34% | 16.33% | 11.88% | 20.94% | 3.85% | 12.58% | — | — | — | — | — | |
| OCF Margin | — | — | — | 11.13% | 17.20% | 17.79% | 13.43% | 23.42% | 5.47% | 14.82% | 24.10% | 20.95% | 21.60% | 75% | 81% | |
| Gross Profitability | — | 75.06% | 66.25% | 70.08% | 73.68% | 72.89% | 62.53% | 63.39% | 68.93% | 71.41% | 76.08% | 80.83% | 85.63% | 96% | 98% | |
| Capex Intensity | — | — | — | 2.49% | 1.83% | 1.44% | 1.52% | 1.27% | 1.62% | 2.23% | 2.08% | 1.73% | 1.55% | 35% | 11% | |
| ▸Returns on Capital · 3 ratios | ||||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||||||||
| ▸Earnings quality · 6 ratios | ||||||||||||||||
| ▸Liquidity & coverage · 6 ratios | ||||||||||||||||
| ▸Working capital · 5 ratios | ||||||||||||||||
| ▸Capital allocation · 2 ratios | ||||||||||||||||
| ▸Per share · 6 ratios | ||||||||||||||||
The five drivers multiply to 12.5% vs reported ROE 12.1%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ | 2026↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $1.79B | $1.90B | $2.02B | $2.13B | $2.55B | $3.15B | $3.63B | $4.29B | $4.99B | $5.47B |
| YoY % | +6.3% | +6.2% | +5.6% | +19.4% | +23.8% | +15.1% | +18.2% | +16.3% | +9.8% | |||
| Cost of Revenue | — | — | $954.9M | $971.7M | $980.2M | $1.03B | $1.17B | $1.54B | $1.80B | $1.90B | $2.10B | $2.31B |
| YoY % | +1.8% | +0.9% | +5.0% | +13.9% | +31.7% | +16.8% | +5.6% | +10.4% | +10.2% | |||
| Gross Profit | $878.1M | $846.7M | $835.2M | $931.6M | $1.04B | $1.10B | $1.37B | $1.61B | $1.83B | $2.39B | $2.89B | $3.16B |
| YoY % | -3.6% | -1.4% | +11.5% | +11.7% | +6.1% | +24.5% | +17.0% | +13.5% | +30.7% | +21.0% | +9.4% | |
| R&D Expense | $20.9M | $22.2M | $21.3M | $22.4M | $23.2M | $27.6M | $28.6M | $33.3M | $38.7M | $49.2M | $56.7M | $68.9M |
| YoY % | +6.2% | -4.1% | +5.3% | +3.6% | +18.8% | +3.9% | +16.5% | +15.9% | +27.2% | +15.3% | +21.6% | |
| SG&A Expense | $653.7M | $684.5M | $837.2M | $709.1M | $712.9M | $765.5M | $869.9M | $1.04B | $1.17B | $1.46B | $1.71B | $1.89B |
| YoY % | +4.7% | +22.3% | -15.3% | +0.5% | +7.4% | +13.6% | +19.9% | +12.4% | +24.3% | +17.1% | +11.0% | |
| Operating Income | $224.4M | $162.1M | -$1.9M | $222.6M | $327.3M | $338.1M | $504.2M | $564.7M | $652.8M | $927.5M | $1.18B | $1.26B |
| YoY % | -27.8% | +47.1% | +3.3% | +49.1% | +12.0% | +15.6% | +42.1% | +27.1% | +7.1% | |||
| Interest Expense | — | — | — | — | — | — | — | — | $3.4M | $2.6M | $3.5M | $2.5M |
| YoY % | -25.5% | +37.2% | -28.1% | |||||||||
| Interest & Investment Income | $207,000 | $420,000 | $778,000 | $3.1M | $6.0M | $7.3M | $2.6M | $1.9M | $15.6M | $52.2M | $68.4M | $63.6M |
| YoY % | +102.9% | +85.2% | +292.9% | +97.2% | +20.5% | -63.7% | -27.9% | +718.7% | +235.5% | +31.0% | -7.0% | |
| Other Non-Operating Income | $733,000 | $152,000 | $1.5M | -$360,000 | $247,000 | $516,000 | $700,000 | $113,000 | $1.2M | $1.8M | -$665,000 | $2.4M |
| YoY % | -79.3% | +869.7% | +108.9% | +35.7% | -83.9% | +970.8% | +47.4% | |||||
| Impairment of Real Estate | — | — | — | — | — | $1.4M | — | — | — | — | $4.3M | $0 |
| YoY % | -100.0% | |||||||||||
| Pretax Income | $221.1M | $156.9M | -$7.0M | $220.7M | — | — | — | — | — | — | — | — |
| YoY % | -29.1% | |||||||||||
| Income Tax | $59.4M | $34.6M | -$12.7M | $106.3M | $64.6M | $64.7M | $118.9M | $112.7M | $149.3M | $219.4M | $277.2M | $302.3M |
| YoY % | -41.7% | -39.2% | +0.2% | +83.8% | -5.3% | +32.5% | +47.0% | +26.4% | +9.0% | |||
| Net Income (incl. NCI) | $161.8M | $122.3M | $5.7M | — | — | — | — | — | — | — | — | — |
| YoY % | -24.4% | -95.3% | ||||||||||
| Minority Interest (P&L) | $0 | — | — | — | — | — | — | — | — | — | — | — |
| Net Income | — | $122.3M | $5.7M | $114.4M | $264.3M | $276.1M | $382.6M | $451.9M | $516.8M | $759.6M | $966.1M | $1.02B |
| YoY % | -95.3% | +1903.4% | +131.1% | +4.5% | +38.5% | +18.1% | +14.4% | +47.0% | +27.2% | +6.0% | ||
| Net Income to Common | $161.8M | — | — | — | — | — | — | — | — | — | — | — |
| EPS (Basic) | $4.70 | $3.76 | $0.18 | $3.60 | $8.92 | $9.73 | $13.64 | $16.43 | $3.25 | $4.89 | $6.36 | $7.04 |
| YoY % | -20.0% | -95.2% | +1900.0% | +147.8% | +9.1% | +40.2% | +20.5% | -80.2% | +50.5% | +30.1% | +10.7% | |
| EPS (Diluted) | $4.66 | $3.70 | $0.18 | $3.58 | $8.84 | $9.62 | $13.47 | $16.26 | $3.23 | $4.86 | $6.33 | $7.02 |
| YoY % | -20.6% | -95.1% | +1888.9% | +146.9% | +8.8% | +40.0% | +20.7% | -80.1% | +50.5% | +30.2% | +10.9% | |
| Weighted Avg Shares (Basic) | 34.4M | 32.6M | 32.0M | 31.8M | 29.6M | 28.4M | 28.1M | 27.5M | 159.0M | 155.2M | 152.0M | 145.5M |
| YoY % | -5.5% | -1.7% | -0.8% | -6.7% | -4.2% | -1.2% | -1.9% | +478.1% | -2.4% | -2.1% | -4.3% | |
| Weighted Avg Shares (Diluted) | 34.7M | 33.0M | 32.4M | 32.0M | 29.9M | 28.7M | 28.4M | 27.8M | 160.1M | 156.3M | 152.7M | 145.8M |
| YoY % | -4.9% | -2.1% | -1.1% | -6.5% | -4.0% | -1.0% | -2.2% | +476.2% | -2.4% | -2.3% | -4.5% |
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.
