| Market Cap | $236.47B | |
| Enterprise Value | $254.01B | |
| Revenue | $34.66B | +3.0% |
| Gross Profit | — | — |
| EBITDA | $12.98B | +2.2% |
| Net Income | $7.08B | +5.1% |
| Diluted EPS | $14.61 | +7.3% |
| Free Cash Flow | $5.10B | +3.3% |
| DPS (FY2025) | $6.00 |
| Trailing yield | 1.17% |
| Payout ratio | 40.8% |
| Growth streak | 6 yrs |
| 5y DPS growth | 9.3% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $6.00 | +7.9% | reported |
| FY20242024-12-31 | $5.56 | +9.0% | reported |
| FY20232023-12-31 | $5.10 | +9.0% | reported |
| FY20222022-12-31 | $4.68 |
| Ratio | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 10y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||
| Operating Margin | 21.33% | 21.52% | 35.37% | 10.39% | 12.19% | 16.19% | 16.09% | 24.42% | 26.16% | 26.25% | 85% | 92% | |
| EBITDA Margin | 31.98% | 31.94% | 47.70% | 26.95% | 29.17% | 31.24% | 28.69% | 36.04% | 37.62% | 37.33% | 75% | 92% | |
| NOPAT Margin | 15.59% | 11.86% | 29.64% | 7.66% | 9.14% | 12.18% | 11.93% | 18.88% | 20.05% | 20.39% | 85% | 90% | |
| Net Margin | 14.24% | 10.98% | 29.53% | 8.09% | 9.18% | 12.42% | 12.43% | 18.87% | 19.89% | 20.30% | 85% | 91% | |
| FCF Margin | — | — | — | — | 14.79% | 21.56% | 17.06% | 16.80% | 14.93% | 14.97% | 42% | 83% | |
| FCFF Margin | — | — | — | — | — | — | 17.20% | 17.27% | 15.52% | 15.56% | 38% | 72% | |
| FCFE Margin | — | — | — | — | 19.61% | 19.89% | 30.47% | 20.02% | 24.52% | 23.54% | 58% | 89% | |
| OCF Margin | — | — | — | — | 27.27% | 31.58% | 26.57% | 28.32% | 28.55% | 30.45% | 75% | 90% | |
| Capex Intensity | 13.91% | 11.54% | 12.69% | 13.04% | 12.48% | 10.02% | 9.51% | 11.53% | 13.63% | 15.48% | 95% | 80% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||
| ▸Working capital · 3 ratios | |||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||
| ▸Per share · 6 ratios | |||||||||||||
| ▸Other · 1 ratios | |||||||||||||
The five drivers multiply to 18.8% vs reported ROE 18.1%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.53B | $11.36B | $14.84B | $28.23B | $27.24B | $30.79B | $33.36B | $32.85B | $33.01B | $33.99B |
| YoY % | +7.8% | +30.6% | +90.3% | -3.5% | +13.0% | +8.3% | -1.5% | +0.5% | +3.0% | |
| R&D Expense | $92.0M | $93.0M | $113.0M | $184.0M | $152.0M | $143.0M | $143.0M | $146.0M | $150.0M | $147.0M |
| YoY % | +1.1% | +21.5% | +62.8% | -17.4% | -5.9% | 0.0% | +2.1% | +2.7% | -2.0% | |
| SG&A Expense | $1.15B | $1.21B | $1.63B | $3.46B | $3.19B | $3.19B | $3.11B | $3.29B | $3.34B | $3.43B |
| YoY % | +5.4% | +35.0% | +112.2% | -7.6% | -0.1% | -2.6% | +6.1% | +1.3% | +2.9% | |
| Operating Income | $2.25B | $2.44B | $5.25B | $2.93B | $3.32B | $4.98B | $5.37B | $8.02B | $8.63B | $8.92B |
| YoY % | +8.8% | +114.7% | -44.1% | +13.3% | +50.0% | +7.7% | +49.5% | +7.6% | +3.3% | |
| Interest Expense | — | — | — | — | — | — | $63.0M | $200.0M | $256.0M | $255.0M |
| YoY % | +217.5% | +28.0% | -0.4% | |||||||
| Equity Method Income | $41.0M | $47.0M | $56.0M | $114.0M | $85.0M | $119.0M | $172.0M | $167.0M | $170.0M | $150.0M |
| YoY % | +14.6% | +19.1% | +103.6% | -25.4% | +40.0% | +44.5% | -2.9% | +1.8% | -11.8% | |
| Pretax Income | $2.05B | $2.29B | $5.05B | $2.93B | $3.38B | $5.10B | $5.54B | $7.99B | $8.57B | $8.90B |
| YoY % | +11.7% | +120.8% | -42.0% | +15.6% | +50.7% | +8.7% | +44.1% | +7.3% | +3.8% | |
| Income Tax | $551.0M | $1.03B | $817.0M | $769.0M | $847.0M | $1.26B | $1.43B | $1.81B | $2.00B | $1.99B |
| YoY % | +86.2% | -20.4% | -5.9% | +10.1% | +49.0% | +13.6% | +26.5% | +10.4% | -0.6% | |
| Income from Continuing Operations | $1.50B | $1.25B | $4.27B | $2.18B | $2.50B | $3.82B | $4.15B | $6.20B | — | — |
| YoY % | -16.9% | +242.7% | -48.9% | +14.4% | +53.0% | +8.5% | +49.5% | |||
| Income from Discontinued Operations | $0 | $0 | $117.0M | $109.0M | $4.0M | $5.0M | $0 | $0 | — | — |
| YoY % | -6.8% | -96.3% | +25.0% | -100.0% | ||||||
| Net Income (incl. NCI) | $1.53B | $1.31B | $4.40B | $2.38B | $2.63B | $3.96B | $4.28B | $6.34B | $6.74B | $7.06B |
| YoY % | -14.9% | +237.1% | -46.0% | +10.4% | +50.8% | +8.1% | +48.1% | +6.2% | +4.8% | |
| Minority Interest (P&L) | — | — | — | — | — | — | $134.0M | $142.0M | $172.0M | $160.0M |
| YoY % | +6.0% | +21.1% | -7.0% | |||||||
| Net Income | $1.50B | $1.25B | $4.38B | $2.29B | $2.50B | $3.83B | $4.15B | $6.20B | $6.57B | $6.90B |
| YoY % | -16.9% | +251.3% | -47.8% | +9.5% | +53.0% | +8.4% | +49.5% | +5.9% | +5.1% | |
| EPS (Basic) | $5.25 | $4.36 | $13.26 | $4.22 | $4.75 | $7.40 | $8.30 | $12.70 | $13.71 | $14.69 |
| YoY % | -17.0% | +204.1% | -68.2% | +12.6% | +55.8% | +12.2% | +53.0% | +8.0% | +7.1% | |
| EPS (Diluted) | $5.21 | $4.32 | $13.11 | $4.19 | $4.71 | $7.33 | $8.23 | $12.59 | $13.62 | $14.61 |
| YoY % | -17.1% | +203.5% | -68.0% | +12.4% | +55.6% | +12.3% | +53.0% | +8.2% | +7.3% | |
| Weighted Avg Shares (Basic) | 285.7M | 286.3M | 330.4M | 541.1M | 526.7M | 516.9M | 499.7M | 488.2M | 478.8M | 469.5M |
| YoY % | +0.2% | +15.4% | +63.8% | -2.7% | -1.9% | -3.3% | -2.3% | -1.9% | -1.9% | |
| Weighted Avg Shares (Diluted) | 287.8M | 289.1M | 334.1M | 545.2M | 531.2M | 521.9M | 504.0M | 492.3M | 482.1M | 472.2M |
| YoY % | +0.5% | +15.6% | +63.2% | -2.6% | -1.7% | -3.4% | -2.3% | -2.1% | -2.1% | |
| Dividends Declared per Share | $3 | $3 | $3 | $4 | $4 | $4 | $5 | $5 | $6 | $6 |
| YoY % | +5.0% | +4.8% | +6.1% | +10.1% | +10.1% | +10.4% | +9.0% | +9.0% | +7.9% |
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 |
| FY20212021-12-31 | $4.24 | +10.1% | reported |
| FY20202020-12-31 | $3.85 | +10.1% | reported |
| FY20192019-12-31 | $3.50 | — | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-04 | $1.60 | 2026-06-18 | quarterly | licensed |
| 2026-03-11 | $1.60 | 2026-03-26 | quarterly | licensed |
| 2025-12-03 | $1.50 | 2025-12-17 | quarterly | licensed |
| 2025-09-04 | $1.50 | — | quarterly | licensed |
| 2025-06-04 | $1.50 | 2025-06-18 | quarterly | licensed |
| 2025-03-13 | $1.50 | — | quarterly | licensed |
| 2024-12-03 | $1.39 | — | quarterly | licensed |
| 2024-09-04 | $1.39 | — | quarterly | licensed |
