| Market Cap | $16.03B | |
| Enterprise Value | — | |
| Revenue | $4.84B | +6.3% |
| Gross Profit | $2.09B | +6.6% |
| EBITDA | $852.6M | +16.1% |
| Net Income | $711.2M | +12.6% |
| Diluted EPS | $4.80 | +16.2% |
| Free Cash Flow | $975.6M | +24.1% |
| DPS (FY2026) | $1.58 |
| Trailing yield | 1.42% |
| Payout ratio | — |
| Growth streak | 2 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20262026-03-31 | $1.58 | +15.3% | reported |
| FY20252025-03-31 | $1.37 | +15.1% | reported |
| FY20242024-03-31 | $1.19 | — | reported |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend · 13y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||||||
| Gross Margin | 32.94% | 35.19% | 33.75% | 37.19% | — | — | — | — | — | — | — | — | — | — | — | |
| Operating Margin | 5.26% | 7.69% | 6.40% | 9.54% | 8.95% | 9.44% | 9.29% | 21.86% | 14.12% | 10.10% | 13.66% | 14.38% | 16.01% | 88% | 81% | |
| EBITDA Margin | 8.59% | 10.17% | 9.02% | 11.81% | 11.17% | 11.87% | 11.77% | 23.43% | 16.28% | 12.32% | 15.64% | 16.13% | 17.61% | 88% | 73% | |
| NOPAT Margin | — | — | — | — | — | — | 9.29% | 18.04% | 11.73% | 7.94% | 13.46% | 12.84% | 13.78% | 79% | 81% | |
| Net Margin | 3.70% | 0.46% | 5.91% | — | — | — | — | 18.04% | 11.76% | 8.03% | 14.24% | 13.86% | 14.69% | 83% | 80% | |
| FCF Margin | 7.91% | 6.65% | 6.37% | 11.55% | 11.94% | 9.66% | 12.95% | 26.32% | 3.82% | 9.73% | 25.34% | 17.27% | 20.15% | 81% | 76% | |
| OCF Margin | 10.23% | 8.91% | 9.18% | 12.98% | 13.49% | 10.94% | 14.28% | 27.77% | 5.44% | 11.77% | 26.64% | 18.50% | 21.43% | 81% | 73% | |
| Gross Profitability | 45.58% | 49.45% | 51.43% | 54.72% | 52.16% | 51.23% | 47.49% | 56.39% | 56.08% | 48.29% | 49.33% | 55.46% | 54.34% | 65% | 86% | |
| Capex Intensity | 2.32% | 2.26% | 2.81% | 1.43% | 1.55% | 1.29% | 1.33% | 1.45% | 1.63% | 2.03% | 1.30% | 1.23% | 1.27% | 12% | 40% | |
| ▸Returns on Capital · 3 ratios | ||||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||||||||
| ▸Earnings quality · 6 ratios | ||||||||||||||||
| ▸Liquidity & coverage · 6 ratios | ||||||||||||||||
| ▸Leverage · 2 ratios | ||||||||||||||||
| ▸Working capital · 8 ratios | ||||||||||||||||
| ▸Capital allocation · 2 ratios | ||||||||||||||||
| ▸Per share · 6 ratios | ||||||||||||||||
| ▸Other · 1 ratios | ||||||||||||||||
The five drivers multiply to 33.5% vs reported ROE 32.8%. 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↗ | 2026↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.01B | $2.00B | $2.02B | $2.22B | $2.57B | $2.79B | $2.98B | $5.25B | $5.48B | $4.54B | $4.30B | $4.55B | $4.84B |
| YoY % | -0.2% | +0.7% | +10.1% | +15.6% | +8.6% | +6.7% | +76.5% | +4.4% | -17.2% | -5.3% | +6.0% | +6.3% | |
| Cost of Revenue | $1.35B | $1.30B | $1.34B | $1.40B | — | — | — | — | — | — | — | — | — |
| YoY % | -3.5% | +2.9% | +4.3% | ||||||||||
| Gross Profit | $661.5M | $705.5M | $681.0M | $820.0M | $909.2M | $1.04B | $1.12B | $2.34B | $2.26B | $1.72B | $1.78B | $1.96B | $2.09B |
| YoY % | +6.6% | -3.5% | +20.4% | +10.9% | +14.1% | +8.2% | +108.1% | -3.1% | -24.0% | +3.4% | +10.4% | +6.6% | |
| R&D Expense | $112.4M | $107.5M | $113.2M | $130.5M | $143.8M | $161.2M | $177.6M | $226.0M | $291.8M | $280.8M | $287.2M | $309.0M | $316.2M |
| YoY % | -4.4% | +5.2% | +15.3% | +10.1% | +12.2% | +10.1% | +27.3% | +29.1% | -3.8% | +2.3% | +7.6% | +2.3% | |
| Selling & Marketing Expense | $322.7M | $321.7M | $319.0M | $379.6M | $435.5M | $488.3M | $533.3M | $770.3M | $1.03B | $809.2M | $730.3M | $814.4M | $816.6M |
| YoY % | -0.3% | -0.8% | +19.0% | +14.7% | +12.1% | +9.2% | +44.4% | +33.2% | -21.1% | -9.7% | +11.5% | +0.3% | |
| SG&A Expense | $112.7M | $126.0M | $101.0M | $100.3M | $96.4M | $98.7M | $94.0M | $166.6M | $148.6M | $124.7M | $155.1M | $164.0M | $167.2M |
| YoY % | +11.8% | -19.8% | -0.7% | -3.9% | +2.5% | -4.8% | +77.2% | -10.8% | -16.1% | +24.4% | +5.8% | +1.9% | |
| Total Operating Expenses | $555.8M | $551.3M | $552.0M | $608.2M | $679.5M | $773.8M | $845.9M | $1.19B | $1.49B | $1.26B | $1.19B | $1.31B | $1.32B |
| YoY % | -0.8% | +0.1% | +10.2% | +11.7% | +13.9% | +9.3% | +40.4% | +25.4% | -15.3% | -5.6% | +9.8% | +0.6% | |
| Operating Income | $105.7M | $154.2M | $129.1M | $211.9M | $229.7M | $263.2M | $276.5M | $1.15B | $774.0M | $458.5M | $587.3M | $654.9M | $775.2M |
| YoY % | +45.9% | -16.3% | +64.2% | +8.4% | +14.6% | +5.1% | +315.2% | -32.6% | -40.8% | +28.1% | +11.5% | +18.4% | |
| Interest Expense | $2.2M | $0 | $0 | — | — | — | — | — | — | — | — | — | — |
| YoY % | -100.0% | ||||||||||||
| Interest & Investment Income | $1.8M | $1.2M | $790,000 | — | — | — | — | — | — | — | — | — | — |
| YoY % | -33.4% | -34.0% | |||||||||||
| Other Non-Operating Income | $2.0M | -$2.3M | $1.6M | $1.7M | -$2.4M | -$436,000 | $38.2M | -$1.8M | $560,000 | -$13.3M | -$16.4M | -$3.0M | $3.1M |
| YoY % | +3.3% | ||||||||||||
| Equity Method Income | $0 | $0 | $469,000 | — | — | — | — | — | — | — | — | — | — |
| Impairment of Real Estate | — | — | — | — | — | — | $0 | $0 | — | — | — | — | — |
| Pretax Income | — | — | — | — | — | — | $324.3M | $1.15B | $775.8M | $463.5M | $621.6M | $706.9M | $826.5M |
| YoY % | +254.0% | -32.4% | -40.3% | +34.1% | +13.7% | +16.9% | |||||||
| Income Tax | $1.3M | $4.7M | $3.1M | $9.1M | $23.7M | $13.6M | -$125.4M | $200.9M | $131.3M | $98.9M | $9.5M | $75.3M | $115.3M |
| YoY % | +254.5% | -33.2% | +193.0% | +160.3% | -42.8% | -34.6% | -24.6% | -90.4% | +697.0% | +53.1% | |||
| Income from Discontinued Operations | -$31.7M | -$139.1M | -$9.0M | $0 | $0 | — | — | — | — | — | — | — | — |
| Net Income (incl. NCI) | $74.3M | $9.3M | $119.3M | — | — | — | — | — | — | — | — | — | — |
| YoY % | -87.5% | +1185.3% | |||||||||||
| Net Income | — | — | — | — | — | — | — | $947.3M | $644.5M | $364.6M | $612.1M | $631.5M | $711.2M |
| YoY % | -32.0% | -43.4% | +67.9% | +3.2% | +12.6% | ||||||||
| Net Income to Common | $74.3M | $9.3M | $119.3M | $205.9M | $208.5M | $257.6M | $449.7M | $947.3M | $644.5M | $364.6M | $612.1M | $631.5M | $711.2M |
| YoY % | -87.5% | +1185.3% | +72.5% | +1.3% | +23.5% | +74.6% | +110.6% | -32.0% | -43.4% | +67.9% | +3.2% | +12.6% | |
| EPS (Basic) | $0.46 | $0.06 | $0.73 | $1.27 | $1.27 | $1.56 | $2.70 | $5.62 | $3.85 | $2.25 | $3.90 | $4.17 | $4.85 |
| YoY % | -87.0% | +1116.7% | +74.0% | 0.0% | +22.8% | +73.1% | +108.1% | -31.5% | -41.6% | +73.3% | +6.9% | +16.3% | |
| EPS (Diluted) | $0.46 | $0.06 | $0.72 | $1.24 | $1.23 | $1.52 | $2.66 | $5.51 | $3.78 | $2.23 | $3.87 | $4.13 | $4.80 |
| YoY % | -87.0% | +1100.0% | +72.2% | -0.8% | +23.6% | +75.0% | +107.1% | -31.4% | -41.0% | +73.5% | +6.7% | +16.2% | |
| Weighted Avg Shares (Basic) | 160.6M | 163.5M | 163.3M | 162.1M | 164.0M | 165.6M | 166.8M | 168.5M | 167.4M | 162.3M | 156.8M | 151.3M | 146.8M |
| YoY % | +1.8% | -0.1% | -0.8% | +1.2% | +1.0% | +0.7% | +1.0% | -0.6% | -3.1% | -3.4% | -3.5% | -3.0% | |
| Weighted Avg Shares (Diluted) | 162.5M | 166.2M | 165.8M | 165.5M | 169.0M | 169.0M | 169.4M | 171.8M | 170.4M | 163.7M | 158.2M | 152.8M | 148.2M |
| YoY % | +2.2% | -0.2% | -0.2% | +2.1% | -0.0% | +0.2% | +1.4% | -0.8% | -3.9% | -3.4% | -3.4% | -3.0% | |
| Dividends Declared per Share | — | — | — | — | — | — | — | — | — | — | $1 | $1 | $2 |
| YoY % | +15.1% | +15.3% |
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.
