| Market Cap | $8.00B | |
| Enterprise Value | $6.53B | |
| Revenue | $3.17B | +25.2% |
| Gross Profit | — | — |
| EBITDA | $976.3M | +51.2% |
| Net Income | $786.1M | +99.5% |
| Diluted EPS | $5.23 | +104.3% |
| Free Cash Flow | $941.6M | +3.9% |
| DPS (FY2025) | $1.63derived |
| Trailing yield | 3.14% |
| Payout ratio | 30.5% |
| Growth streak | 1 yr |
| 5y DPS growth | 2.2% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $1.63 | +1.7% | derived (paid ÷ diluted shares) |
| FY20242024-12-31 | $1.61 | −0.4% | derived (paid ÷ diluted shares) |
| FY20232023-12-31 | $1.61 |
| Ratio | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 11y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||||
| Operating Margin | 27.47% | 23.21% | 25.37% | 28.17% | 24.67% | 5.58% | 29.67% | 22.23% | 23.01% | 26.11% | 31.54% | 95% | 78% | |
| EBITDA Margin | 29.50% | 25.99% | 28.39% | 30.89% | 27.53% | 7.72% | 31.14% | 23.67% | 24.10% | 27.10% | 32.71% | 95% | 63% | |
| NOPAT Margin | 26.97% | 19.42% | 25.37% | 21.27% | 18.85% | 4.15% | 22.22% | 16.25% | 18.63% | 19.01% | 24.82% | 77% | 63% | |
| Net Margin | 28.55% | 18.90% | 37.59% | 22.71% | 19.50% | 5.67% | 22.35% | 16.90% | 18.65% | 16.53% | 26.34% | 77% | 64% | |
| FCF Margin | 32.62% | 22.09% | 24.45% | 27.82% | 19.40% | 27.32% | 31.98% | 20.68% | 20.50% | 27.68% | 22.95% | 41% | 49% | |
| FCFF Margin | 34.33% | 22.64% | 25.14% | 28.34% | 19.93% | 27.73% | 32.33% | 21.10% | 20.99% | 28.21% | 23.57% | 41% | 41% | |
| FCFE Margin | — | 1.75% | 19.15% | 23.69% | — | — | — | 20.68% | 20.50% | 31.35% | 22.95% | 64% | 51% | |
| OCF Margin | 33.67% | 23.51% | 25.47% | 29.08% | 21.13% | 28.09% | 32.36% | 21.48% | 21.01% | 28.09% | 23.23% | 32% | 46% | |
| Capex Intensity | 1.05% | 1.42% | 1.02% | 1.26% | 1.72% | 0.77% | 0.38% | 0.80% | 0.51% | 0.41% | 0.28% | 5% | 12% | |
| ▸Returns on Capital · 6 ratios | ||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||||||
| ▸Earnings quality · 7 ratios | ||||||||||||||
| ▸Liquidity & coverage · 8 ratios | ||||||||||||||
| ▸Leverage · 9 ratios | ||||||||||||||
| ▸Working capital · 1 ratios | ||||||||||||||
| ▸Capital allocation · 5 ratios | ||||||||||||||
| ▸Per share · 6 ratios | ||||||||||||||
The five drivers multiply to 17.4% vs reported ROE 16.8%. 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 | $1.16B | $999.9M | $1.74B | $2.31B | $2.19B | $2.30B | $2.77B | $2.20B | $2.10B | $2.47B | $3.10B |
| YoY % | -13.4% | +74.4% | +32.3% | -4.9% | +4.8% | +20.4% | -20.4% | -4.6% | +17.7% | +25.2% | |
| Selling & Marketing Expense | $14.2M | $13.9M | $31.2M | $37.9M | $31.1M | $19.6M | $31.7M | $27.1M | $36.6M | $40.4M | $46.9M |
| YoY % | -2.1% | +124.5% | +21.5% | -17.9% | -37.0% | +61.7% | -14.5% | +35.1% | +10.4% | +16.1% | |
| SG&A Expense | — | — | $202.2M | $253.7M | $260.8M | $255.2M | $271.8M | $279.3M | $294.6M | $300.8M | $348.3M |
| YoY % | +25.5% | +2.8% | -2.1% | +6.5% | +2.8% | +5.5% | +2.1% | +15.8% | |||
| Total Operating Expenses | $837.8M | $786.1M | $1.38B | $1.66B | $1.65B | $2.17B | $1.95B | $1.71B | $1.62B | $1.83B | $2.12B |
| YoY % | -6.2% | +75.0% | +20.4% | -0.3% | +31.4% | -10.3% | -11.9% | -5.6% | +12.9% | +16.0% | |
| Operating Income | $317.3M | $232.1M | $442.3M | $649.8M | $540.9M | $128.3M | $820.9M | $489.8M | $483.7M | $645.7M | $976.8M |
| YoY % | -26.9% | +90.6% | +46.9% | -16.8% | -76.3% | +539.8% | -40.3% | -1.2% | +33.5% | +51.3% | |
| Interest Expense | $20.1M | $6.6M | $11.9M | $15.7M | $15.1M | $12.9M | $12.8M | $12.6M | $12.7M | $18.0M | $24.2M |
| YoY % | -67.2% | +80.3% | +31.9% | -3.8% | -14.6% | -0.8% | -1.6% | +0.8% | +41.7% | +34.4% | |
| Interest & Investment Income | — | — | — | — | — | — | — | $7.7M | $44.7M | $52.3M | $44.3M |
| YoY % | +480.5% | +17.0% | -15.3% | ||||||||
| Other Non-Operating Income | $600,000 | -$1.9M | -$1.0M | $68.6M | $23.5M | $30.6M | $8.8M | $11.5M | $12.6M | -$86.6M | $53.8M |
| YoY % | -65.7% | +30.2% | -71.2% | +30.7% | +9.6% | ||||||
| Equity Method Income | $17.9M | -$3.1M | -$600,000 | — | — | $6.0M | $3.0M | $2.9M | — | — | — |
| YoY % | -50.0% | -3.3% | |||||||||
| Impairment of Real Estate | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Pretax Income | $337.5M | $211.9M | $447.4M | $661.8M | $583.5M | $203.5M | $817.7M | $375.4M | $527.0M | $611.9M | $1.15B |
| YoY % | -37.2% | +111.1% | +47.9% | -11.8% | -65.1% | +301.8% | -54.1% | +40.4% | +16.1% | +88.5% | |
| Income Tax | $6.1M | $34.6M | -$211.0M | $162.2M | $137.8M | $52.2M | $205.3M | $100.9M | $100.3M | $166.3M | $245.7M |
| YoY % | +467.2% | -15.0% | -62.1% | +293.3% | -50.9% | -0.6% | +65.8% | +47.7% | |||
| Net Income (incl. NCI) | $331.4M | $177.3M | $658.4M | $499.6M | $445.7M | $151.3M | $612.4M | $274.5M | $426.7M | $445.6M | $907.6M |
| YoY % | -46.5% | +271.3% | -24.1% | -10.8% | -66.1% | +304.8% | -55.2% | +55.4% | +4.4% | +103.7% | |
| Minority Interest (P&L) | $1.6M | -$11.7M | $2.9M | -$24.2M | $18.1M | $21.0M | -$7.6M | -$97.9M | $34.7M | $36.7M | $91.7M |
| YoY % | +16.0% | +5.8% | +149.9% | ||||||||
| Net Income | — | — | — | — | — | — | $618.5M | $372.4M | $392.0M | $408.9M | $815.9M |
| YoY % | -39.8% | +5.3% | +4.3% | +99.5% | |||||||
| Net Income to Common | $320.8M | $184.5M | $638.2M | $511.1M | $415.9M | $126.5M | $602.3M | $361.1M | $380.8M | $399.0M | $798.3M |
| YoY % | -42.5% | +245.9% | -19.9% | -18.6% | -69.6% | +376.1% | -40.0% | +5.5% | +4.8% | +100.1% | |
| EPS (Basic) | $2.93 | $1.69 | $3.97 | $2.62 | $2.21 | $0.70 | $3.59 | $2.23 | $2.37 | $2.57 | $5.25 |
| YoY % | -42.3% | +134.9% | -34.0% | -15.6% | -68.3% | +412.9% | -37.9% | +6.3% | +8.4% | +104.3% | |
| EPS (Diluted) | $2.78 | $1.66 | $3.93 | $2.61 | $2.21 | $0.70 | $3.57 | $2.23 | $2.37 | $2.56 | $5.23 |
| YoY % | -40.3% | +136.7% | -33.6% | -15.3% | -68.3% | +410.0% | -37.5% | +6.3% | +8.0% | +104.3% | |
| Weighted Avg Shares (Basic) | 109.3M | 109.1M | 160.7M | 195.0M | 188.0M | 179.4M | 167.9M | 161.7M | 160.4M | 155.4M | 152.0M |
| YoY % | -0.2% | +47.3% | +21.3% | -3.6% | -4.6% | -6.4% | -3.7% | -0.8% | -3.1% | -2.2% | |
| Weighted Avg Shares (Diluted) | 115.4M | 111.1M | 162.3M | 195.9M | 188.6M | 179.9M | 168.5M | 162.0M | 160.5M | 155.8M | 152.7M |
| YoY % | -3.7% | +46.1% | +20.7% | -3.7% | -4.6% | -6.3% | -3.9% | -0.9% | -2.9% | -2.0% |
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.
| +0.7% |
| derived (paid ÷ diluted shares) |
| FY20222022-12-31 | $1.60 | +5.4% | derived (paid ÷ diluted shares) |
| FY20212021-12-31 | $1.52 | +4.0% | derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $1.46 | +1.2% | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $1.44 | +2.9% | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | $1.40 | −11.0% | derived (paid ÷ diluted shares) |
| FY20172017-12-31 | $1.58 | — | derived (paid ÷ diluted shares) |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2025-11-10 | $0.4000 | 2025-11-26 | quarterly | licensed |
| 2025-08-11 | $0.4000 | — | quarterly | licensed |
| 2025-05-12 | $0.4000 | 2025-05-29 | quarterly | licensed |
| 2025-02-11 | $0.3900 | — | quarterly | licensed |
| 2024-11-08 | $0.3900 | — | quarterly | licensed |
| 2024-08-12 | $0.3900 | — | quarterly | licensed |
| 2024-05-10 | $0.3900 | — | quarterly | licensed |
| 2024-02-09 | $0.3900 | — | quarterly | licensed |
