| Market Cap | $83.65B | |
| Enterprise Value | $104.46B | |
| Revenue | $201.11B | +12.5% |
| Gross Profit | $179.26B | +13.2% |
| EBITDA | $6.97B | −5.5% |
| Net Income | $4.96B | −5.3% |
| Diluted EPS | $25.21 | −1.8% |
| Free Cash Flow | $6.29B | −30.3% |
| DPS (FY2025) | $6.81derived |
| Trailing yield | 1.76% |
| Payout ratio | 27.0% |
| Growth streak | 1 yr |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $6.81 | +5.1% | derived (paid ÷ diluted shares) |
| FY20242024-12-31 | $6.47 | — | 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 | — | — | — | 100.00% | 100.00% | 98.09% | 92.65% | 92.14% | 91.68% | 89.91% | 88.84% | 89.36% | 17% | 74% | |
| Operating Margin | 5.98% | 6.00% | 5.66% | 4.64% | 5.89% | 5.76% | 5.22% | 5.45% | 5.29% | 4.96% | 4.44% | 3.62% | 4% | 44% | |
| EBITDA Margin | 6.42% | 6.43% | 6.01% | 4.95% | 7.12% | 6.84% | 6.17% | 6.39% | 6.36% | 5.98% | 5.23% | 4.39% | 4% | 25% | |
| NOPAT Margin | 3.51% | 3.32% | 3.07% | 4.50% | 4.36% | 4.62% | 3.83% | 4.19% | 4.10% | 3.85% | 3.36% | 3.05% | 4% | 26% | |
| Net Margin | 3.48% | 3.23% | 2.91% | 4.27% | 4.07% | 4.61% | 3.75% | 4.44% | 3.76% | 3.49% | 3.38% | 2.84% | 4% | 21% | |
| FCF Margin | 3.59% | 4.51% | 3.17% | 3.77% | 2.84% | 4.78% | 7.93% | 5.25% | 4.63% | 3.95% | 2.57% | 1.59% | 4% | 19% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 5.05% | 4.42% | 3.08% | 2.19% | 13% | 10% | |
| FCFE Margin | 4.91% | 2.66% | 3.17% | 6.70% | 1.92% | 6.08% | 8.39% | 6.98% | 5.38% | 4.34% | 6.00% | 2.02% | 13% | 26% | |
| OCF Margin | 4.56% | 5.32% | 3.85% | 4.65% | 4.16% | 5.82% | 8.77% | 6.03% | 5.36% | 4.70% | 3.28% | 2.15% | 4% | 19% | |
| Gross Profitability | — | — | — | 127.64% | 128.69% | 131.98% | 130.36% | 131.07% | 139.71% | 141.42% | 134.54% | 146.47% | 94% | 99% | |
| Capex Intensity | 0.97% | 0.81% | 0.69% | 0.88% | 1.31% | 1.03% | 0.84% | 0.78% | 0.74% | 0.76% | 0.71% | 0.56% | 4% | 20% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 1 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
The five drivers multiply to 13.2% vs reported ROE 13.3%. 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 | $73.87B | $79.16B | $84.86B | $90.04B | $92.11B | $104.21B | $121.87B | $138.64B | $156.59B | $171.34B | $177.01B | $199.13B |
| YoY % | +7.2% | +7.2% | +6.1% | +2.3% | +13.1% | +16.9% | +13.8% | +13.0% | +9.4% | +3.3% | +12.5% | |
| Cost of Revenue | — | — | — | $0 | $0 | $1.99B | $8.95B | $10.89B | $13.04B | $17.29B | $19.75B | $21.18B |
| YoY % | +349.4% | +21.7% | +19.6% | +32.7% | +14.2% | +7.2% | ||||||
| SG&A Expense | $11.75B | $12.53B | $12.56B | $12.65B | $14.02B | $13.36B | $17.45B | $15.92B | $17.70B | $20.09B | $20.02B | $20.98B |
| YoY % | +6.7% | +0.2% | +0.7% | +10.8% | -4.7% | +30.6% | -8.8% | +11.2% | +13.5% | -0.3% | +4.8% | |
| Operating Income | $4.42B | $4.75B | $4.80B | $4.17B | $5.43B | $6.00B | $6.36B | $7.56B | $8.28B | $8.50B | $7.86B | $7.20B |
| YoY % | +7.6% | +1.0% | -13.0% | +30.0% | +10.6% | +6.0% | +18.9% | +9.6% | +2.6% | -7.5% | -8.4% | |
| Interest Expense | — | — | — | — | — | — | — | — | $851.0M | $1.03B | $1.19B | $1.40B |
| YoY % | +21.0% | +15.0% | +18.3% | |||||||||
| Equity Method Income | — | — | — | — | — | $93.0M | $51.0M | $562.0M | $293.0M | -$33.0M | $1.0M | $398.0M |
| YoY % | -45.2% | +1002.0% | -47.9% | +39700.0% | ||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $198.0M | $73.0M | $7.0M | $446.0M | $72.0M | $129.0M |
| YoY % | -63.1% | -90.4% | +6271.4% | -83.9% | +79.2% | |||||||
| Pretax Income | $4.37B | $4.63B | $4.55B | $3.96B | $5.07B | $5.99B | $6.24B | $8.00B | $7.60B | $7.71B | $7.90B | $6.71B |
| YoY % | +6.0% | -1.6% | -13.0% | +27.9% | +18.1% | +4.2% | +28.2% | -4.9% | +1.5% | +2.4% | -15.1% | |
| Income Tax | $1.81B | $2.07B | $2.08B | $121.0M | $1.32B | $1.18B | $1.67B | $1.85B | $1.71B | $1.72B | $1.93B | $1.05B |
| YoY % | +14.5% | +0.7% | -94.2% | +989.3% | -10.6% | +41.4% | +10.8% | -7.3% | +0.7% | +12.1% | -45.7% | |
| Income from Continuing Operations | $2.56B | $2.56B | $2.47B | — | — | — | — | — | — | — | — | — |
| YoY % | -0.0% | -3.5% | ||||||||||
| Income from Discontinued Operations | $9.6M | $0 | $0 | — | — | — | — | — | — | — | — | — |
| YoY % | -100.0% | |||||||||||
| Net Income (incl. NCI) | — | — | — | — | — | $4.81B | $4.57B | $6.15B | $5.89B | $5.99B | $5.97B | $5.66B |
| YoY % | -4.9% | +34.5% | -4.2% | +1.7% | -0.3% | -5.2% | ||||||
| Minority Interest (P&L) | — | — | — | — | — | $0 | $0 | -$9.0M | -$6.0M | $4.0M | -$9.0M | -$1.0M |
| Net Income | $2.57B | $2.56B | $2.47B | $3.84B | $3.75B | $4.81B | $4.57B | $6.16B | $5.89B | $5.99B | $5.98B | $5.66B |
| YoY % | -0.4% | -3.5% | +55.6% | -2.4% | +28.2% | -4.9% | +34.7% | -4.3% | +1.6% | -0.1% | -5.3% | |
| EPS (Basic) | $9.31 | $9.73 | $9.39 | $14.70 | $14.53 | $18.81 | $18.23 | $25.26 | $24.56 | $25.38 | $25.81 | $25.28 |
| YoY % | +4.5% | -3.5% | +56.5% | -1.2% | +29.5% | -3.1% | +38.6% | -2.8% | +3.3% | +1.7% | -2.1% | |
| EPS (Diluted) | $8.99 | $9.38 | $9.21 | $14.35 | $14.19 | $18.47 | $17.98 | $24.95 | $24.28 | $25.22 | $25.68 | $25.21 |
| YoY % | +4.3% | -1.8% | +55.8% | -1.1% | +30.2% | -2.7% | +38.8% | -2.7% | +3.9% | +1.8% | -1.8% | |
| Weighted Avg Shares (Basic) | 275.9M | 263.0M | 262.9M | 261.5M | 258.1M | 255.5M | 250.8M | 243.8M | 240.0M | 235.9M | 231.7M | 224.0M |
| YoY % | -4.7% | -0.0% | -0.5% | -1.3% | -1.0% | -1.8% | -2.8% | -1.6% | -1.7% | -1.8% | -3.3% | |
| Weighted Avg Shares (Diluted) | 285.9M | 272.9M | 268.1M | 267.8M | 264.2M | 260.3M | 254.3M | 246.8M | 242.8M | 237.4M | 232.9M | 224.6M |
| YoY % | -4.5% | -1.8% | -0.1% | -1.3% | -1.5% | -2.3% | -2.9% | -1.6% | -2.2% | -1.9% | -3.6% | |
| Dividends Declared per Share | $2 | $3 | $3 | $3 | $3 | $3 | $4 | $5 | $5 | $6 | — | — |
| YoY % | +42.9% | +4.0% | +3.8% | +11.1% | +6.7% | +18.7% | +18.9% | +13.3% | +15.6% |
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 | $5.92 | +15.6% | reported |
| FY20222022-12-31 | $5.12 | +13.3% | reported |
| FY20212021-12-31 | $4.52 | +18.9% | reported |
| FY20202020-12-31 | $3.80 | +18.7% | reported |
| FY20192019-12-31 | $3.20 | +6.7% | reported |
| FY20182018-12-31 | $3.00 | +11.1% | reported |
| FY20172017-12-31 | $2.70 | +3.8% | reported |
| FY20162016-12-31 | $2.60 | +4.0% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-10 | $1.72 | — | quarterly | licensed |
| 2026-03-10 | $1.72 | 2026-03-25 | quarterly | licensed |
| 2025-12-05 | $1.71 | — | quarterly | licensed |
| 2025-09-10 | $1.71 | — | quarterly | licensed |
| 2025-06-10 | $1.71 | 2025-06-25 | quarterly | licensed |
| 2025-03-10 | $1.71 | — | quarterly | licensed |
| 2024-12-05 | $1.63 | — | quarterly | licensed |
| 2024-09-10 | $1.63 | — | quarterly | licensed |
