| Market Cap | $17.92B | |
| Enterprise Value | — | |
| Revenue | $25.07B | +3.5% |
| Gross Profit | $9.25B | +4.9% |
| EBITDA | $781.5M | −55.2% |
| Net Income | $32.8M | −92.7% |
| Diluted EPS | $0.47 | −92.7% |
| Free Cash Flow | $759.4M | −38.5% |
| DPS (FY2025) | $4.12 |
| Trailing yield | 3.17% |
| Payout ratio | 855.0% |
| Growth streak | 11 yrs |
| 5y DPS growth | 5.4% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $4.12 | +3.0% | reported |
| FY20242024-12-31 | $4.00 | +5.3% | reported |
| FY20232023-12-31 | $3.80 | +6.1% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | 29.98% | 30.08% | 32.79% | 33.44% | 34.19% | 35.16% | 35.03% | 35.90% | 36.29% | 36.79% | 95% | 50% | |
| Operating Margin | — | — | 8.01% | 7.72% | 8.50% | — | — | — | — | — | — | — | — | — | |
| EBITDA Margin | — | — | 8.98% | 8.75% | 9.85% | — | — | — | 9.03% | 9.34% | 7.16% | 3.10% | 7% | 25% | |
| NOPAT Margin | — | — | 5.13% | 4.72% | 6.40% | — | — | — | 5.60% | 5.91% | 4.17% | 0.89% | 7% | 25% | |
| Net Margin | — | — | 4.48% | 3.78% | 4.82% | 3.54% | −0.18% | 4.76% | 5.35% | 5.70% | 3.85% | 0.27% | 15% | 42% | |
| FCF Margin | — | — | 5.12% | 4.04% | 5.46% | 3.50% | — | 5.26% | 5.10% | 4.00% | 2.91% | 1.73% | 6% | 25% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 5.35% | 4.21% | 3.23% | 2.41% | 13% | 13% | |
| OCF Margin | — | — | 6.17% | 5.00% | 6.80% | 5.09% | — | 6.67% | 6.64% | 6.22% | 5.33% | 3.67% | 6% | 25% | |
| Gross Profitability | 55.71% | 55.94% | 51.92% | 39.53% | 43.52% | 40.01% | 42.07% | 46.22% | 46.92% | 46.14% | 44.20% | 42.99% | 29% | 50% | |
| Capex Intensity | — | — | 1.05% | 0.96% | 1.35% | 1.59% | 0.93% | 1.41% | 1.54% | 2.22% | 2.42% | 1.93% | 75% | 25% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 7 ratios | |||||||||||||||
| ▸Working capital · 3 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
The five drivers multiply to 23.7% vs reported ROE 23.6%. 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 | — | — | $15.34B | $16.31B | $16.83B | $17.52B | $16.54B | $18.87B | $22.10B | $23.09B | $23.49B | $24.30B |
| YoY % | +6.3% | +3.2% | +4.1% | -5.6% | +14.1% | +17.1% | +4.5% | +1.7% | +3.5% | |||
| Cost of Revenue | — | — | $10.74B | $11.40B | $11.31B | $11.66B | $10.88B | $12.24B | $14.36B | $14.80B | $14.96B | $15.36B |
| YoY % | +6.2% | -0.8% | +3.1% | -6.7% | +12.4% | +17.3% | +3.1% | +1.1% | +2.6% | |||
| Gross Profit | $4.59B | $4.56B | $4.60B | $4.91B | $5.52B | $5.86B | $5.65B | $6.63B | $7.74B | $8.29B | $8.52B | $8.94B |
| YoY % | -0.8% | +1.0% | +6.7% | +12.5% | +6.2% | -3.5% | +17.3% | +16.7% | +7.1% | +2.8% | +4.9% | |
| SG&A Expense | $3.31B | $3.28B | $3.39B | $3.73B | $4.24B | $4.58B | $4.39B | $5.16B | $5.76B | $6.17B | $6.64B | $7.15B |
| YoY % | -1.1% | +3.5% | +9.9% | +13.8% | +7.9% | -4.2% | +17.7% | +11.5% | +7.1% | +7.7% | +7.6% | |
| Total Operating Expenses | $3.47B | $3.43B | $3.55B | $3.91B | $4.48B | $4.95B | $5.24B | $5.47B | $6.13B | $6.54B | $7.29B | $7.98B |
| YoY % | -1.1% | +3.5% | +10.1% | +14.8% | +10.3% | +5.9% | +4.4% | +12.0% | +6.8% | +11.5% | +9.4% | |
| Operating Income | $1.27B | $1.28B | $1.23B | $1.26B | $1.43B | — | — | — | — | — | — | — |
| YoY % | +0.8% | -3.9% | +2.5% | +13.6% | ||||||||
| Interest Expense | — | — | — | — | — | — | — | — | $73.9M | $64.5M | $96.8M | $163.5M |
| YoY % | -12.7% | +50.2% | +68.9% | |||||||||
| Other Non-Operating Income | $18.6M | $20.9M | $46.8M | $52.2M | $61.4M | $82.5M | $55.5M | $99.6M | $32.3M | $59.8M | $43.6M | -$3.0M |
| YoY % | +12.5% | +123.6% | +11.6% | +17.6% | +34.4% | -32.8% | +79.5% | -67.6% | +85.1% | -27.1% | ||
| Gains on Sale of Real Estate | — | — | — | — | — | — | $0 | $0 | $102.8M | $0 | $43.0M | $28.3M |
| YoY % | -100.0% | -34.2% | ||||||||||
| Pretax Income | $1.12B | $1.12B | $1.07B | $1.01B | $994.6M | $859.3M | $379.4M | $1.20B | $1.57B | $1.74B | $1.18B | $52.2M |
| YoY % | +0.5% | -4.4% | -6.1% | -1.4% | -13.6% | -55.9% | +216.4% | +31.0% | +10.8% | -32.5% | -95.6% | |
| Income Tax | $406.5M | $418.0M | $387.1M | $392.5M | $245.1M | $212.8M | $216.0M | $301.6M | $389.9M | $425.8M | $271.9M | -$13.8M |
| YoY % | +2.8% | -7.4% | +1.4% | -37.6% | -13.2% | +1.5% | +39.6% | +29.3% | +9.2% | -36.1% | ||
| Income from Continuing Operations | — | — | — | — | $749.5M | $646.5M | $163.4M | $898.8M | $1.18B | — | — | — |
| YoY % | -13.7% | -74.7% | +450.1% | +31.6% | ||||||||
| Net Income (incl. NCI) | $711.3M | — | — | — | — | — | — | — | — | — | — | — |
| Net Income | $711.3M | $705.7M | $687.2M | $616.8M | $810.5M | $621.1M | -$29.1M | $898.8M | $1.18B | $1.32B | $904.1M | $65.9M |
| YoY % | -0.8% | -2.6% | -10.3% | +31.4% | -23.4% | +31.6% | +11.3% | -31.3% | -92.7% | |||
| EPS (Basic) | $4.64 | $4.65 | $4.61 | $4.19 | $5.53 | $4.26 | -$0.20 | $6.27 | $8.36 | $9.38 | $6.49 | $0.47 |
| YoY % | +0.2% | -0.9% | -9.1% | +32.0% | -23.0% | +33.3% | +12.2% | -30.8% | -92.8% | |||
| EPS (Diluted) | $4.61 | $4.63 | $4.59 | $4.18 | $5.50 | $4.24 | -$0.20 | $6.23 | $8.31 | $9.33 | $6.47 | $0.47 |
| YoY % | +0.4% | -0.9% | -8.9% | +31.6% | -22.9% | +33.4% | +12.3% | -30.7% | -92.7% | |||
| Weighted Avg Shares (Basic) | 153.3M | 151.7M | 149.1M | 147.1M | 146.7M | 145.7M | 144.5M | 143.4M | 141.5M | 140.4M | 139.2M | 138.9M |
| YoY % | -1.1% | -1.7% | -1.3% | -0.3% | -0.6% | -0.9% | -0.7% | -1.4% | -0.8% | -0.8% | -0.2% | |
| Weighted Avg Shares (Diluted) | 154.4M | 152.5M | 149.8M | 147.7M | 147.2M | 146.4M | 145.1M | 144.2M | 142.3M | 141.0M | 139.7M | 139.3M |
| YoY % | -1.2% | -1.8% | -1.4% | -0.3% | -0.6% | -0.9% | -0.6% | -1.3% | -0.9% | -1.0% | -0.3% | |
| Dividends Declared per Share | $2 | $2 | $3 | $3 | $3 | $3 | $3 | $3 | $4 | $4 | $4 | $4 |
| YoY % | +7.0% | +6.9% | +2.7% | +6.7% | +5.9% | +3.6% | +3.2% | +9.8% | +6.1% | +5.3% | +3.0% |
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 | $3.58 | +9.8% | reported |
| FY20212021-12-31 | $3.26 | +3.2% | reported |
| FY20202020-12-31 | $3.16 | +3.6% | reported |
| FY20192019-12-31 | $3.05 | +5.9% | reported |
| FY20182018-12-31 | $2.88 | +6.7% | reported |
| FY20172017-12-31 | $2.70 | +2.7% | reported |
| FY20162016-12-31 | $2.63 | +6.9% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-05 | $1.06 | 2026-07-02 | quarterly | licensed |
| 2026-03-06 | $1.06 | 2026-04-02 | quarterly | licensed |
| 2025-12-05 | $1.03 | 2026-01-05 | quarterly | licensed |
| 2025-09-05 | $1.03 | 2025-10-02 | quarterly | licensed |
| 2025-06-06 | $1.03 | 2025-07-02 | quarterly | licensed |
| 2025-03-07 | $1.03 | — | quarterly | licensed |
| 2024-12-06 | $1.00 | — | quarterly | licensed |
| 2024-09-06 | $1.00 | — | quarterly | licensed |
