| Market Cap | $11.82B | |
| Enterprise Value | — | |
| Revenue | $12.85B | +8.2% |
| Gross Profit | $8.28B | — |
| EBITDA | $977.0M | +14.5% |
| Net Income | $605.0M | +10.0% |
| Diluted EPS | $15.39 | +10.2% |
| Free Cash Flow | $792.0M | +2953.8% |
| DPS (FY2025) | $5.43 |
| Trailing yield | 1.81% |
| Payout ratio | 35.2% |
| Growth streak | 11 yrs |
| 5y DPS growth | 5.1% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $5.43 | +3.4% | reported |
| FY20242024-12-31 | $5.25 | +4.6% | reported |
| FY20232023-12-31 | $5.02 | +5.0% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 35.48% | 38.48% | 38.03% | 40.28% | — | — | — | — | — | — | — | — | — | — | |
| Operating Margin | 9.41% | 10.95% | 12.39% | 11.84% | 11.63% | 8.27% | 8.54% | 5.39% | 5.29% | 6.82% | 4.64% | 5.26% | 13% | 44% | |
| EBITDA Margin | 12.20% | 13.52% | 15.03% | 14.59% | 14.11% | 10.82% | 11.17% | 8.46% | 8.65% | 9.85% | 7.46% | 7.90% | 13% | 38% | |
| NOPAT Margin | 6.28% | 7.00% | 9.06% | 7.35% | 10.01% | 6.65% | 7.33% | 4.71% | 4.26% | 5.44% | 3.97% | 4.10% | 13% | 42% | |
| Net Margin | 4.86% | 5.75% | 8.11% | 6.44% | 10.23% | 6.17% | 7.44% | 5.71% | 5.42% | 5.95% | 4.77% | 4.85% | 13% | 56% | |
| FCF Margin | 8.48% | 9.59% | 7.60% | 5.81% | 5.52% | 4.11% | 7.91% | 4.50% | 4.51% | 5.92% | 0.23% | 6.36% | 63% | 54% | |
| FCFF Margin | 9.91% | 10.83% | 8.36% | 6.59% | 6.13% | 4.75% | 8.95% | 5.32% | 5.28% | 6.58% | 0.93% | 7.02% | 63% | 36% | |
| FCFE Margin | 7.35% | 3.96% | — | 5.81% | — | — | 12.18% | 21.57% | 0.77% | 1.73% | 6.91% | 2.36% | 28% | 37% | |
| OCF Margin | 10.85% | 12.26% | 11.63% | 10.94% | 11.18% | 10.07% | 11.68% | 7.98% | 7.17% | 8.47% | 3.41% | 9.58% | 38% | 47% | |
| Gross Profitability | 39.56% | 44.84% | 42.32% | 47.02% | — | — | — | — | — | — | — | — | — | — | |
| Capex Intensity | 2.37% | 2.68% | 4.03% | 5.13% | 5.66% | 5.96% | 3.77% | 3.48% | 2.66% | 2.55% | 3.18% | 3.22% | 46% | 61% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 5 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 12.2% vs reported ROE 12.4%. 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 | $6.96B | $7.02B | $7.07B | $7.44B | $8.18B | $8.90B | $9.36B | $9.52B | $10.68B | $11.45B | $11.54B | $12.48B |
| YoY % | +0.9% | +0.7% | +5.3% | +9.9% | +8.8% | +5.2% | +1.7% | +12.1% | +7.3% | +0.7% | +8.2% | |
| Cost of Revenue | $4.49B | $4.32B | $4.38B | $4.44B | — | — | — | — | — | — | — | — |
| YoY % | -3.8% | +1.4% | +1.5% | |||||||||
| R&D Expense | $18.0M | $19.0M | $19.0M | $17.0M | $25.0M | $23.0M | $31.0M | $34.0M | $40.0M | $35.0M | $27.0M | $26.0M |
| YoY % | +5.6% | 0.0% | -10.5% | +47.1% | -8.0% | +34.8% | +9.7% | +17.6% | -12.5% | -22.9% | -3.7% | |
| SG&A Expense | $726.0M | $669.0M | $768.0M | $759.0M | $871.0M | $788.0M | $904.0M | $898.0M | $924.0M | $1.02B | $973.0M | $977.0M |
| YoY % | -7.9% | +14.8% | -1.2% | +14.8% | -9.5% | +14.7% | -0.7% | +2.9% | +10.6% | -4.8% | +0.4% | |
| Operating Income | $655.0M | $769.0M | $876.0M | $881.0M | $951.0M | $736.0M | $799.0M | $513.0M | $565.0M | $781.0M | $535.0M | $657.0M |
| YoY % | +17.4% | +13.9% | +0.6% | +7.9% | -22.6% | +8.6% | -35.8% | +10.1% | +38.2% | -31.5% | +22.8% | |
| Interest Expense | $149.0M | $137.0M | $74.0M | $94.0M | $58.0M | $70.0M | $114.0M | $89.0M | $102.0M | $95.0M | $95.0M | $105.0M |
| YoY % | -8.1% | -46.0% | +27.0% | -38.3% | +20.7% | +62.9% | -21.9% | +14.6% | -6.9% | 0.0% | +10.5% | |
| Other Non-Operating Income | $1.0M | — | — | $1.0M | $4.0M | $5.0M | $6.0M | $17.0M | -$20.0M | $19.0M | $24.0M | $35.0M |
| YoY % | +300.0% | +25.0% | +20.0% | +183.3% | +26.3% | +45.8% | ||||||
| Equity Method Income | $11.0M | $10.0M | $6.0M | $12.0M | $17.0M | $22.0M | $32.0M | $41.0M | $48.0M | $37.0M | $49.0M | $46.0M |
| YoY % | -9.1% | -40.0% | +100.0% | +41.7% | +29.4% | +45.5% | +28.1% | +17.1% | -22.9% | +32.4% | -6.1% | |
| Impairment of Real Estate | — | — | — | — | — | — | $13.0M | — | — | — | — | — |
| Pretax Income | $507.0M | $632.0M | $784.0M | $772.0M | $971.0M | $683.0M | $810.0M | $622.0M | $719.0M | $853.0M | $643.0M | $777.0M |
| YoY % | +24.7% | +24.1% | -1.5% | +25.8% | -29.7% | +18.6% | -23.2% | +15.6% | +18.6% | -24.6% | +20.8% | |
| Income Tax | $169.0M | $228.0M | $211.0M | $293.0M | $135.0M | $134.0M | $114.0M | $78.0M | $140.0M | $172.0M | $93.0M | $172.0M |
| YoY % | +34.9% | -7.5% | +38.9% | -53.9% | -0.7% | -14.9% | -31.6% | +79.5% | +22.9% | -45.9% | +84.9% | |
| Net Income | $338.0M | $404.0M | $573.0M | $479.0M | $836.0M | $549.0M | $696.0M | $544.0M | $579.0M | $681.0M | $550.0M | $605.0M |
| YoY % | +19.5% | +41.8% | -16.4% | +74.5% | -34.3% | +26.8% | -21.8% | +6.4% | +17.6% | -19.2% | +10.0% | |
| EPS (Basic) | $6.93 | $8.43 | $12.24 | $10.48 | $19.09 | $13.26 | $17.14 | $13.50 | $14.44 | $17.07 | $13.96 | $15.39 |
| YoY % | +21.6% | +45.2% | -14.4% | +82.2% | -30.5% | +29.3% | -21.2% | +7.0% | +18.2% | -18.2% | +10.2% | |
| EPS (Diluted) | $6.86 | $8.36 | $12.14 | $10.46 | $19.09 | $13.26 | $17.14 | $13.50 | $14.44 | $17.07 | $13.96 | $15.39 |
| YoY % | +21.9% | +45.2% | -13.8% | +82.5% | -30.5% | +29.3% | -21.2% | +7.0% | +18.2% | -18.2% | +10.2% | |
| Weighted Avg Shares (Basic) | 48.8M | 47.9M | 46.8M | 45.7M | 43.8M | 41.4M | 40.6M | 40.3M | 40.1M | 39.9M | 39.4M | 39.3M |
| YoY % | -1.8% | -2.3% | -2.4% | -4.2% | -5.5% | -1.9% | -0.7% | -0.5% | -0.5% | -1.3% | -0.3% | |
| Weighted Avg Shares (Diluted) | 49.3M | 48.3M | 47.2M | 45.8M | 43.8M | 41.4M | 40.6M | 40.3M | 40.1M | 39.9M | 39.4M | 39.3M |
| YoY % | -2.0% | -2.3% | -3.0% | -4.4% | -5.5% | -1.9% | -0.7% | -0.5% | -0.5% | -1.3% | -0.3% | |
| Dividends Declared per Share | $1 | $2 | $2 | $3 | $3 | $4 | $4 | $5 | $5 | $5 | $5 | $5 |
| YoY % | +70.0% | +23.5% | +20.0% | +19.8% | +19.5% | +17.2% | +8.7% | +3.9% | +5.0% | +4.6% | +3.4% |
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 | $4.78 | +3.9% | reported |
| FY20212021-12-31 | $4.60 | +8.7% | reported |
| FY20202020-12-31 | $4.23 | +17.2% | reported |
| FY20192019-12-31 | $3.61 | +19.5% | reported |
| FY20182018-12-31 | $3.02 | +19.8% | reported |
| FY20172017-12-31 | $2.52 | +20.0% | reported |
| FY20162016-12-31 | $2.10 | +23.5% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-29 | $1.38 | 2026-06-12 | quarterly | licensed |
| 2026-02-27 | $1.38 | 2026-03-13 | quarterly | licensed |
| 2025-11-28 | $1.38 | 2025-12-12 | quarterly | licensed |
| 2025-08-29 | $1.35 | — | quarterly | licensed |
| 2025-05-30 | $1.35 | 2025-06-13 | quarterly | licensed |
| 2025-02-28 | $1.35 | — | quarterly | licensed |
| 2024-11-29 | $1.35 | — | quarterly | licensed |
| 2024-08-30 | $1.30 | — | quarterly | licensed |
