| Market Cap | $46.67B | |
| Enterprise Value | $38.70B | |
| Revenue | $137.20B | +10.1% |
| Gross Profit | — | — |
| EBITDA | $3.12B | +0.0% |
| Net Income | $1.13B | −1.6% |
| Diluted EPS | $9.84 | −1.4% |
| Free Cash Flow | $1.27B | −84.3% |
| DPS (FY2025) | $3.56derived |
| Trailing yield | 0.92% |
| Payout ratio | 36.2% |
| Growth streak | 0 yrs |
| 5y DPS growth | 7.9% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $3.56 | −0.2% | derived (paid ÷ diluted shares) |
| FY20242024-12-31 | $3.57 | +3.0% | derived (paid ÷ diluted shares) |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | 4.87% | 4.32% | 3.20% | 7.93% | 5.45% | 4.92% | 6.46% | 3.79% | 4.09% | 3.77% | 2.18% | 2.09% | 4% | 42% | |
| EBITDA Margin | 5.55% | 4.98% | 3.92% | 8.69% | 6.23% | 5.81% | 7.26% | 4.51% | 4.86% | 4.50% | 2.89% | 2.62% | 4% | 24% | |
| NOPAT Margin | — | — | 1.27% | 4.83% | 4.42% | 3.84% | 4.66% | 3.25% | 3.22% | 2.82% | 1.62% | 1.72% | 25% | 25% | |
| Net Margin | 2.36% | 2.35% | 1.13% | 4.55% | 2.96% | 4.17% | 4.36% | 3.53% | 3.02% | 2.34% | 1.02% | 0.92% | 4% | 18% | |
| FCF Margin | 2.25% | 0.64% | 2.59% | 6.56% | 2.74% | 7.01% | 6.06% | 1.11% | 3.71% | 2.80% | 2.03% | 0.29% | 4% | 17% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 4.05% | 3.15% | 2.45% | 0.69% | 13% | 9% | |
| FCFE Margin | 1.22% | 0.64% | 2.59% | 5.07% | 2.74% | 6.39% | — | — | — | — | — | — | — | — | |
| OCF Margin | 3.34% | 1.60% | 3.56% | 7.53% | 3.82% | 8.14% | 7.31% | 2.72% | 4.94% | 3.74% | 2.52% | 0.71% | 4% | 18% | |
| Capex Intensity | 1.09% | 0.96% | 0.97% | 0.97% | 1.08% | 1.13% | 1.25% | 1.62% | 1.22% | 0.94% | 0.49% | 0.42% | 4% | 17% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 3 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 3 ratios | |||||||||||||||
The five drivers multiply to 6.9% vs reported ROE 7.0%. 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 | $48.50B | $54.29B | $54.38B | $53.77B | $56.91B | $64.89B | $77.16B | $83.06B | $92.87B | $106.37B | $117.76B | $129.66B |
| YoY % | +11.9% | +0.2% | -1.1% | +5.8% | +14.0% | +18.9% | +7.7% | +11.8% | +14.5% | +10.7% | +10.1% | |
| SG&A Expense | $7.64B | $7.29B | $7.17B | $6.57B | $7.53B | $7.38B | $10.05B | $10.12B | $12.67B | $13.19B | $13.70B | $15.45B |
| YoY % | -4.5% | -1.7% | -8.4% | +14.6% | -1.9% | +36.2% | +0.7% | +25.2% | +4.1% | +3.9% | +12.8% | |
| Operating Income | $2.36B | $2.35B | $1.74B | $4.26B | $3.10B | $3.19B | $4.99B | $3.15B | $3.80B | $4.01B | $2.56B | $2.70B |
| YoY % | -0.6% | -25.8% | +144.8% | -27.3% | +3.0% | +56.2% | -36.9% | +20.7% | +5.6% | -36.2% | +5.5% | |
| Interest Expense | — | — | — | — | — | — | — | — | $401.0M | $493.0M | $660.0M | $631.0M |
| YoY % | +22.9% | +33.9% | -4.4% | |||||||||
| Other Non-Operating Income | — | — | $0 | $0 | -$33.0M | $506.0M | -$103.0M | $532.0M | -$68.0M | -$137.0M | -$181.0M | -$451.0M |
| Equity Method Income | — | — | $0 | $0 | $11.0M | $14.0M | $74.0M | $65.0M | -$4.0M | -$63.0M | -$94.0M | -$102.0M |
| YoY % | +27.3% | +428.6% | -12.2% | |||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $0 | $0 | $248.0M | $206.0M | $237.0M | $28.0M |
| YoY % | -16.9% | +15.0% | -88.2% | |||||||||
| Pretax Income | — | — | $1.55B | $4.02B | $2.07B | $3.47B | $4.67B | $3.42B | $3.56B | $3.33B | $1.62B | $1.44B |
| YoY % | +159.0% | -48.4% | +67.3% | +34.7% | -26.9% | +4.2% | -6.7% | -51.3% | -11.2% | |||
| Income Tax | $1.02B | $1.16B | $938.0M | $1.57B | $391.0M | $763.0M | $1.31B | $485.0M | $762.0M | $836.0M | $413.0M | $250.0M |
| YoY % | +12.9% | -18.8% | +67.6% | -75.1% | +95.1% | +71.3% | -62.9% | +57.1% | +9.7% | -50.6% | -39.5% | |
| Net Income (incl. NCI) | — | — | — | — | — | $2.71B | $3.37B | $2.93B | $2.80B | $2.48B | $1.21B | $1.20B |
| YoY % | +24.4% | -12.9% | -4.5% | -11.3% | -51.1% | -0.9% | ||||||
| Minority Interest (P&L) | — | — | — | — | — | $0 | $0 | $1.0M | -$4.0M | -$5.0M | $7.0M | $15.0M |
| YoY % | +114.3% | |||||||||||
| Net Income | $1.15B | $1.28B | $614.0M | $2.45B | $1.68B | $2.71B | $3.37B | $2.93B | $2.81B | $2.49B | $1.21B | $1.19B |
| YoY % | +11.2% | -51.9% | +298.7% | -31.3% | +60.8% | +24.4% | -12.9% | -4.3% | -11.3% | -51.5% | -1.6% | |
| EPS (Basic) | $7.44 | $8.54 | $4.11 | $16.94 | $12.24 | $20.20 | $25.47 | $22.79 | $22.20 | $20.09 | $10.01 | $9.87 |
| YoY % | +14.8% | -51.9% | +312.2% | -27.7% | +65.0% | +26.1% | -10.5% | -2.6% | -9.5% | -50.2% | -1.4% | |
| EPS (Diluted) | $7.36 | $8.44 | $4.07 | $16.81 | $12.16 | $20.10 | $25.31 | $22.67 | $22.08 | $20.00 | $9.98 | $9.84 |
| YoY % | +14.7% | -51.8% | +313.0% | -27.7% | +65.3% | +25.9% | -10.4% | -2.6% | -9.4% | -50.1% | -1.4% | |
| Weighted Avg Shares (Basic) | 154.2M | 149.5M | 149.4M | 144.5M | 137.5M | 134.1M | 132.2M | 128.7M | 126.4M | 123.9M | 120.6M | 120.5M |
| YoY % | -3.1% | -0.1% | -3.3% | -4.8% | -2.5% | -1.4% | -2.7% | -1.8% | -2.0% | -2.7% | -0.1% | |
| Weighted Avg Shares (Diluted) | 155.9M | 151.1M | 150.9M | 145.6M | 138.4M | 134.7M | 133.0M | 129.4M | 127.1M | 124.4M | 120.9M | 120.8M |
| YoY % | -3.0% | -0.1% | -3.5% | -4.9% | -2.7% | -1.3% | -2.7% | -1.8% | -2.1% | -2.9% | -0.0% | |
| Dividends Declared per Share | $1 | $1 | $1 | — | $1 | $1 | — | — | — | — | — | — |
| YoY % | +3.6% | +0.9% | +10.0% |
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.
| FY20232023-12-31 | $3.46 | +12.3% | derived (paid ÷ diluted shares) |
| FY20222022-12-31 | $3.08 | +12.7% | derived (paid ÷ diluted shares) |
| FY20212021-12-31 | $2.74 | +12.7% | derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $2.43 | +12.4% | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $2.16 | +12.8% | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | $1.91 | +26.7% | derived (paid ÷ diluted shares) |
| FY20172017-12-31 | $1.51 | — | derived (paid ÷ diluted shares) |
| FY20162016-12-31 | $1.16 | +0.9% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-26 | $0.8850 | 2026-07-31 | quarterly | licensed |
| 2026-03-27 | $0.8850 | 2026-04-24 | quarterly | licensed |
| 2025-12-26 | $0.8850 | 2026-01-30 | quarterly | licensed |
| 2025-09-26 | $0.8850 | 2025-10-31 | quarterly | licensed |
| 2025-06-27 | $0.8850 | 2025-07-25 | quarterly | licensed |
| 2025-03-28 | $0.8850 | — | quarterly | licensed |
| 2024-12-31 | $0.8850 | — | quarterly | licensed |
| 2024-09-30 | $0.8850 | — | quarterly | licensed |
