| Market Cap | $95.69B | |
| Enterprise Value | $102.45B | |
| Revenue | $106.46B | +2.6% |
| Gross Profit | $51.30B | −4.5% |
| EBITDA | $35.19B | −13.3% |
| Net Income | $5.04B | −42.7% |
| Diluted EPS | $1.94 | −37.6% |
| Free Cash Flow | $5.98B | −18.0% |
| DPS (FY2025) | $1.48 |
| Trailing yield | 3.87% |
| Payout ratio | 75.1% |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $1.48 | −47.1% | reported |
| FY20242024-12-31 | $2.80 | −22.2% | reported |
| FY20232023-12-31 | $3.60 | +50.0% | reported |
| FY20222022-12-31 | $2.40 | — | reported |
| Ratio | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 11y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||||
| Gross Margin | 56.00% | 53.24% | 53.89% | 51.61% | 54.11% | 54.20% | 61.33% | 64.32% | 55.05% | 51.78% | 48.18% | 5% | 70% | |
| Operating Margin | 2.29% | 0.17% | 22.51% | 25.30% | 14.45% | −7.47% | 37.02% | 52.26% | 33.38% | 29.80% | 23.81% | 50% | 89% | |
| EBITDA Margin | — | — | — | — | — | 13.30% | 48.50% | 58.15% | 42.12% | 39.13% | 33.05% | 25% | 91% | |
| NOPAT Margin | 0.00% | 0.14% | 7.71% | 10.11% | 2.88% | −5.90% | 10.05% | 19.11% | 10.49% | 8.49% | 4.80% | 41% | 43% | |
| Net Margin | −8.70% | −6.35% | 7.50% | 9.47% | 2.86% | −12.03% | 9.42% | 19.06% | 11.09% | 8.49% | 4.74% | 41% | 46% | |
| FCF Margin | −3.17% | −7.33% | 6.61% | 10.46% | 5.51% | 4.17% | 22.85% | 17.49% | 17.43% | 7.02% | 5.61% | 41% | 49% | |
| FCFE Margin | 1.54% | −6.79% | −1.19% | 8.10% | 5.00% | 17.90% | 19.91% | 17.33% | 14.80% | 4.53% | 8.92% | 59% | 57% | |
| OCF Margin | 22.84% | 19.17% | 24.19% | 24.74% | 21.36% | 22.67% | 31.69% | 23.30% | 27.30% | 18.76% | 18.76% | 14% | 79% | |
| Gross Profitability | — | 23.43% | 29.68% | 36.51% | 29.05% | 19.90% | 37.90% | 61.38% | 41.09% | 40.97% | 38.94% | 65% | 84% | |
| Capex Intensity | 26.01% | 26.51% | 17.58% | 14.28% | 15.86% | 18.50% | 8.84% | 5.81% | 9.87% | 11.73% | 13.14% | 41% | 91% | |
| ▸Returns on Capital · 6 ratios | ||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||||||
| ▸Earnings quality · 7 ratios | ||||||||||||||
| ▸Liquidity & coverage · 6 ratios | ||||||||||||||
| ▸Leverage · 9 ratios | ||||||||||||||
| ▸Working capital · 8 ratios | ||||||||||||||
| ▸Capital allocation · 5 ratios | ||||||||||||||
| ▸Per share · 3 ratios | ||||||||||||||
| ▸Other · 1 ratios | ||||||||||||||
The five drivers multiply to 12.5% vs reported ROE 12.2%. 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↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $59.67B | $45.99B | $61.19B | $79.59B | $64.36B | $45.82B | $90.92B | $150.81B | $107.17B | $103.77B | $106.46B |
| YoY % | -22.9% | +33.0% | +30.1% | -19.1% | -28.8% | +98.4% | +65.9% | -28.9% | -3.2% | +2.6% | |
| Cost of Revenue | $26.25B | $21.50B | $28.21B | $38.52B | $29.53B | $20.99B | $35.16B | $53.81B | $48.17B | $50.04B | $55.16B |
| YoY % | -18.1% | +31.2% | +36.5% | -23.3% | -28.9% | +67.5% | +53.0% | -10.5% | +3.9% | +10.2% | |
| R&D Expense | $344.0M | $298.0M | $307.0M | $315.0M | $300.0M | $254.0M | $291.0M | $308.0M | $311.0M | $348.0M | $352.0M |
| YoY % | -13.4% | +3.0% | +2.6% | -4.8% | -15.3% | +14.6% | +5.8% | +1.0% | +11.9% | +1.1% | |
| SG&A Expense | $921.0M | $762.0M | $738.0M | $758.0M | $809.0M | $706.0M | $780.0M | $986.0M | $1.22B | $1.25B | $1.21B |
| YoY % | -17.3% | -3.1% | +2.7% | +6.7% | -12.7% | +10.5% | +26.4% | +23.5% | +3.0% | -3.8% | |
| Total Operating Expenses | $10.51B | $9.03B | $47.42B | $59.46B | $55.06B | $49.24B | $57.26B | $72.00B | $71.40B | $72.85B | $81.11B |
| YoY % | -14.1% | +425.4% | +25.4% | -7.4% | -10.6% | +16.3% | +25.7% | -0.8% | +2.0% | +11.3% | |
| Operating Income | $1.37B | $80.0M | $13.77B | $20.14B | $9.30B | -$3.42B | $33.66B | $78.81B | $35.77B | $30.93B | $25.35B |
| YoY % | -94.1% | +17113.8% | +46.2% | -53.8% | +134.1% | -54.6% | -13.5% | -18.0% | |||
| Equity Method Income | -$29.0M | -$119.0M | $188.0M | $291.0M | $164.0M | $53.0M | $259.0M | $620.0M | -$1.0M | $49.0M | $18.0M |
| YoY % | +54.8% | -43.6% | -67.7% | +388.7% | +139.4% | -63.3% | |||||
| Pretax Income | $55.0M | -$178.0M | $13.42B | $18.87B | $9.29B | -$4.26B | $31.58B | $78.60B | $37.88B | $30.99B | $25.09B |
| YoY % | +40.6% | -50.8% | +148.9% | -51.8% | -18.2% | -19.0% | |||||
| Income Tax | $5.22B | $2.72B | $8.82B | $11.34B | $7.44B | $1.24B | $23.01B | $49.86B | $25.98B | $22.16B | $20.03B |
| YoY % | -47.9% | +223.9% | +28.5% | -34.4% | -83.4% | +1759.9% | +116.7% | -47.9% | -14.7% | -9.6% | |
| Net Income (incl. NCI) | -$5.17B | -$2.90B | $4.60B | $7.54B | $1.85B | -$5.50B | $8.58B | $28.74B | $11.90B | $8.83B | $5.06B |
| YoY % | +63.9% | -75.4% | +235.2% | -58.6% | -25.8% | -42.7% | |||||
| Minority Interest (P&L) | $22.0M | $20.0M | $8.0M | $3.0M | $8.0M | $14.0M | $14.0M | -$3.0M | $19.0M | $23.0M | $15.0M |
| YoY % | -9.1% | -60.0% | -62.5% | +166.7% | +75.0% | 0.0% | +21.1% | -34.8% | |||
| Net Income | -$5.19B | -$2.92B | $4.59B | $7.54B | $1.84B | -$5.51B | $8.56B | $28.75B | $11.88B | $8.81B | $5.04B |
| YoY % | +64.2% | -75.5% | +235.7% | -58.7% | -25.9% | -42.7% | |||||
| EPS (Basic) | -$1.63 | -$0.91 | $1.40 | $2.27 | $0.55 | -$1.69 | $2.64 | $9.06 | $3.93 | $3.12 | $1.94 |
| YoY % | +62.1% | -75.8% | +243.2% | -56.6% | -20.6% | -37.8% | |||||
| EPS (Diluted) | -$1.63 | -$0.91 | $1.40 | $2.27 | $0.55 | -$1.69 | $2.63 | $9.03 | $3.93 | $3.11 | $1.94 |
| YoY % | +62.1% | -75.8% | +243.3% | -56.5% | -20.9% | -37.6% | |||||
| Weighted Avg Shares (Basic) | 3.18B | 3.19B | 3.27B | 3.33B | 3.33B | 3.27B | 3.25B | 3.17B | 3.02B | 2.82B | 2.59B |
| YoY % | +0.5% | +2.3% | +1.8% | 0.0% | -1.7% | -0.7% | -2.2% | -4.8% | -6.6% | -8.1% | |
| Weighted Avg Shares (Diluted) | — | — | — | — | — | — | — | 3.18B | 3.03B | 2.83B | 2.60B |
| YoY % | -4.9% | -6.6% | -8.0% | ||||||||
| Dividends Declared per Share | — | — | — | — | — | $1 | $1 | $2 | $4 | $3 | $1 |
| YoY % | +12.5% | +281.0% | +50.0% | -22.2% | -47.1% |
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.
