| Market Cap | $16.92B | |
| Enterprise Value | $18.16B | |
| Revenue | $3.59B | +5.8% |
| Gross Profit | $1.60B | +6.5% |
| EBITDA | $954.4M | +6.2% |
| Net Income | $519.5M | −4.3% |
| Diluted EPS | $6.41 | −3.5% |
| Free Cash Flow | $641.5M | +2.3% |
| DPS (FY2025) | $2.84 |
| Trailing yield | 1.24% |
| Payout ratio | 44.0% |
| Growth streak | 5 yrs |
| 5y DPS growth | 7.3% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $2.84 | +2.9% | reported |
| FY20242024-12-31 | $2.76 | +7.8% | reported |
| FY20232023-12-31 | $2.56 | +6.7% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 44.20% | 44.75% | 44.05% | 44.89% | 45.01% | 45.10% | 43.69% | 44.29% | 44.84% | 44.19% | 44.21% | 44.51% | 54% | 64% | |
| Operating Margin | 20.08% | 21.63% | 19.52% | 21.97% | 22.91% | 23.21% | 22.14% | 23.04% | 23.61% | 22.37% | 20.72% | 20.23% | 21% | 85% | |
| EBITDA Margin | 23.66% | 25.49% | 23.63% | 25.65% | 26.04% | 26.29% | 25.69% | 26.77% | 27.38% | 27.02% | 26.09% | 26.20% | 63% | 85% | |
| NOPAT Margin | — | — | — | — | — | 18.53% | 17.79% | 17.85% | 18.49% | 17.53% | 16.35% | 15.43% | 7% | 84% | |
| Net Margin | 13.01% | 14.00% | 12.83% | 14.74% | 16.53% | 17.06% | 16.07% | 16.25% | 18.44% | 18.21% | 15.45% | 13.98% | 21% | 81% | |
| FCF Margin | 14.90% | 15.67% | 17.12% | 17.00% | 17.04% | 19.13% | 22.01% | 17.82% | 15.38% | 19.15% | 18.45% | 17.84% | 63% | 85% | |
| FCFF Margin | — | — | — | — | — | 20.55% | 23.55% | 18.97% | 16.38% | 20.38% | — | — | — | — | |
| FCFE Margin | — | — | — | — | — | 17.12% | 30.46% | 23.22% | 21.67% | 14.56% | 32.11% | 14.95% | 21% | 77% | |
| OCF Margin | 17.13% | 17.83% | 18.93% | 18.92% | 19.30% | 21.17% | 24.21% | 20.45% | 17.52% | 21.89% | 20.44% | 19.68% | 54% | 81% | |
| Gross Profitability | 32.70% | 32.23% | 29.50% | 30.20% | 32.18% | 29.50% | 23.27% | 24.90% | 25.89% | 24.67% | 21.43% | 22.21% | 13% | 49% | |
| Capex Intensity | 2.23% | 2.17% | 1.81% | 1.92% | 2.26% | 2.04% | 2.19% | 2.63% | 2.14% | 2.75% | 1.99% | 1.84% | 13% | 24% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 5 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 3 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 | $2.15B | $2.02B | $2.11B | $2.29B | $2.48B | $2.49B | $2.35B | $2.76B | $3.18B | $3.27B | $3.27B | $3.46B |
| YoY % | -5.9% | +4.6% | +8.2% | +8.6% | +0.4% | -5.7% | +17.6% | +15.1% | +2.9% | -0.2% | +5.8% | |
| Cost of Revenue | $1.20B | $1.12B | $1.18B | $1.26B | $1.37B | $1.37B | $1.32B | $1.54B | $1.75B | $1.83B | $1.82B | $1.92B |
| YoY % | -6.9% | +5.9% | +6.6% | +8.3% | +0.3% | -3.3% | +16.3% | +13.9% | +4.1% | -0.2% | +5.2% | |
| Gross Profit | $949.3M | $904.3M | $930.8M | $1.03B | $1.12B | $1.13B | $1.03B | $1.22B | $1.43B | $1.45B | $1.45B | $1.54B |
| YoY % | -4.7% | +2.9% | +10.3% | +8.9% | +0.6% | -8.7% | +19.2% | +16.5% | +1.4% | -0.1% | +6.5% | |
| R&D Expense | $36.8M | $33.6M | $39.4M | $42.4M | $48.0M | $56.4M | $48.2M | $50.1M | $61.4M | $68.4M | $67.4M | $70.0M |
| YoY % | -8.7% | +17.3% | +7.6% | +13.2% | +17.5% | -14.5% | +3.9% | +22.6% | +11.4% | -1.5% | +3.9% | |
| SG&A Expense | $504.4M | $474.2M | $492.4M | $524.9M | $536.7M | $525.0M | $494.9M | $578.2M | $652.7M | $703.5M | $758.7M | $818.8M |
| YoY % | -6.0% | +3.8% | +6.6% | +2.2% | -2.2% | -5.7% | +16.8% | +12.9% | +7.8% | +7.8% | +7.9% | |
| Operating Income | $431.2M | $437.0M | $412.4M | $502.6M | $569.1M | $579.0M | $520.7M | $637.0M | $751.4M | $732.5M | $677.2M | $699.3M |
| YoY % | +1.3% | -5.6% | +21.9% | +13.2% | +1.7% | -10.1% | +22.3% | +18.0% | -2.5% | -7.5% | +3.3% | |
| Interest Expense | $41.9M | $41.6M | $45.6M | $44.9M | $44.1M | $44.3M | $44.8M | $41.0M | $40.7M | $51.7M | — | — |
| YoY % | -0.6% | +9.6% | -1.6% | -1.7% | +0.4% | +1.1% | -8.5% | -0.7% | +27.0% | |||
| Other Non-Operating Income | $3.1M | -$3.0M | $1.7M | -$2.4M | $4.0M | -$1.8M | -$5.6M | -$16.2M | $3.9M | -$5.2M | $2.6M | -$2.3M |
| Impairment of Real Estate | — | — | — | — | — | — | — | — | $17.4M | $800,000 | $100,000 | $700,000 |
| YoY % | -95.4% | -87.5% | +600.0% | |||||||||
| Pretax Income | — | — | — | — | — | $532.9M | $470.3M | $579.8M | $749.4M | $760.3M | $639.3M | $632.6M |
| YoY % | -11.7% | +23.3% | +29.3% | +1.5% | -15.9% | -1.0% | ||||||
| Income Tax | $113.1M | $109.5M | $97.4M | $118.0M | $118.4M | $107.4M | $92.5M | $130.5M | $162.7M | $164.7M | $134.7M | $150.1M |
| YoY % | -3.1% | -11.1% | +21.2% | +0.3% | -9.3% | -13.9% | +41.1% | +24.7% | +1.2% | -18.2% | +11.4% | |
| Net Income (incl. NCI) | — | — | — | — | — | $425.5M | $377.8M | $449.3M | $586.7M | $595.6M | $504.6M | $482.5M |
| YoY % | -11.2% | +18.9% | +30.6% | +1.5% | -15.3% | -4.4% | ||||||
| Minority Interest (P&L) | — | — | — | — | — | $0 | $0 | -$100,000 | -$200,000 | -$500,000 | -$400,000 | -$700,000 |
| Net Income | $279.4M | $282.8M | $271.1M | $337.3M | $410.6M | $425.5M | $377.8M | $449.4M | $586.9M | $596.1M | $505.0M | $483.2M |
| YoY % | +1.2% | -4.1% | +24.4% | +21.7% | +3.6% | -11.2% | +19.0% | +30.6% | +1.6% | -15.3% | -4.3% | |
| EPS (Basic) | $3.48 | $3.65 | $3.57 | $4.41 | $5.36 | $5.62 | $4.98 | $5.91 | $7.74 | $7.87 | $6.66 | $6.41 |
| YoY % | +4.9% | -2.2% | +23.5% | +21.5% | +4.9% | -11.4% | +18.7% | +31.0% | +1.7% | -15.4% | -3.8% | |
| EPS (Diluted) | $3.45 | $3.62 | $3.53 | $4.36 | $5.29 | $5.56 | $4.94 | $5.88 | $7.71 | $7.85 | $6.64 | $6.41 |
| YoY % | +4.9% | -2.5% | +23.5% | +21.3% | +5.1% | -11.2% | +19.0% | +31.1% | +1.8% | -15.4% | -3.5% | |
| Weighted Avg Shares (Basic) | 79.7M | 77.1M | 75.8M | 76.2M | 76.4M | 75.6M | 75.7M | 76.0M | 75.7M | 75.6M | 75.7M | 75.3M |
| YoY % | -3.2% | -1.7% | +0.6% | +0.2% | -1.1% | +0.1% | +0.4% | -0.4% | -0.1% | +0.1% | -0.5% | |
| Weighted Avg Shares (Diluted) | 80.7M | 78.0M | 76.8M | 77.3M | 77.6M | 76.5M | 76.4M | 76.4M | 76.0M | 75.9M | 75.9M | 75.3M |
| YoY % | -3.4% | -1.6% | +0.7% | +0.3% | -1.4% | -0.1% | 0.0% | -0.5% | -0.1% | 0.0% | -0.8% | |
| Dividends Declared per Share | $1 | $1 | $1 | $1 | $2 | $2 | $2 | $2 | $2 | $3 | $3 | $3 |
| YoY % | +14.3% | +6.3% | +8.8% | +16.2% | +16.3% | 0.0% | +8.0% | +11.1% | +6.7% | +7.8% | +2.9% |
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 | $2.40 | +11.1% | reported |
| FY20212021-12-31 | $2.16 | +8.0% | reported |
| FY20202020-12-31 | $2.00 | +0.0% | reported |
| FY20192019-12-31 | $2.00 | +16.3% | reported |
| FY20182018-12-31 | $1.72 | +16.2% | reported |
| FY20172017-12-31 | $1.48 | +8.8% | reported |
| FY20162016-12-31 | $1.36 | +6.3% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-07-06 | $0.7300 | — | quarterly | licensed |
| 2026-05-22 | $0.7300 | — | quarterly | licensed |
| 2026-01-16 | $0.7100 | 2026-01-30 | quarterly | licensed |
| 2025-10-10 | $0.7100 | 2025-10-24 | quarterly | licensed |
| 2025-07-11 | $0.7100 | 2025-07-25 | quarterly | licensed |
| 2025-05-19 | $0.7100 | 2025-05-30 | quarterly | licensed |
| 2025-01-17 | $0.6900 | — | quarterly | licensed |
| 2024-10-11 | $0.6900 | — | quarterly | licensed |
