| Market Cap | $21.71B | |
| Enterprise Value | $23.87B | |
| Revenue | $30.07B | +2.1% |
| Gross Profit | — | — |
| EBITDA | $2.60B | +0.5% |
| Net Income | $837.0M | −5.2% |
| Diluted EPS | $0.79 | +3.9% |
| Free Cash Flow | -$405.0M | — |
| DPS (FY2025) | $0.72 |
| Trailing yield | 1.62% |
| Payout ratio | 90.5% |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $0.72 | +0.0% | reported |
| FY20242024-12-31 | $0.72 | +0.0% | reported |
| FY20232023-12-31 | $0.72 | — |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | 11.96% | 20.77% | 17.24% | 16.09% | 14.60% | 13.18% | −42.18% | 10.90% | 4.27% | 0.86% | 1.17% | 1.53% | 29% | 17% | |
| EBITDA Margin | 17.00% | 25.89% | 23.22% | 21.85% | 20.06% | 18.62% | −28.30% | 18.96% | 9.94% | 6.69% | 7.20% | 7.08% | 21% | 13% | |
| NOPAT Margin | — | — | — | — | — | 10.26% | −33.32% | 8.04% | 3.16% | 0.63% | 0.91% | 1.19% | 50% | 16% | |
| Net Margin | 6.11% | 11.00% | 10.69% | 15.86% | 11.22% | 10.26% | −33.97% | 6.19% | 2.26% | 1.78% | 1.69% | 1.57% | 13% | 28% | |
| FCF Margin | 6.20% | 6.04% | 11.04% | 8.53% | 13.53% | 13.20% | −18.15% | 11.51% | −0.56% | −1.36% | −5.79% | −2.96% | 21% | 28% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 0.49% | −0.64% | −5.09% | −2.50% | 38% | 11% | |
| OCF Margin | 15.60% | 16.34% | 21.02% | 18.56% | 22.28% | 17.78% | −12.46% | 14.71% | 15.92% | 12.13% | 1.68% | 6.56% | 21% | 11% | |
| Capex Intensity | 9.40% | 10.30% | 9.98% | 10.03% | 8.75% | 4.58% | 5.69% | 3.20% | 16.48% | 13.49% | 7.47% | 9.52% | 54% | 24% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||||||||
| ▸Leverage · 7 ratios | |||||||||||||||
| ▸Working capital · 3 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 3 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 5.1% vs reported ROE 4.8%. 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↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.61B | $19.82B | $20.43B | $21.17B | $21.96B | $22.43B | $9.05B | $15.79B | $23.81B | $26.09B | $27.48B | $28.06B |
| YoY % | +6.5% | +3.1% | +3.7% | +3.8% | +2.1% | -59.7% | +74.5% | +50.8% | +9.6% | +5.3% | +2.1% | |
| Total Operating Expenses | $16.38B | $15.70B | $16.77B | $17.74B | $18.76B | $19.47B | — | — | — | — | — | — |
| YoY % | -4.1% | +6.8% | +5.8% | +5.8% | +3.8% | |||||||
| Operating Income | $2.23B | $4.12B | $3.52B | $3.41B | $3.21B | $2.96B | -$3.82B | $1.72B | $1.02B | $224.0M | $321.0M | $428.0M |
| YoY % | +85.0% | -14.4% | -3.3% | -5.9% | -7.8% | -40.9% | -78.0% | +43.3% | +33.3% | |||
| Interest Expense | — | — | — | — | — | — | — | — | $340.0M | $259.0M | $249.0M | $167.0M |
| YoY % | -23.8% | -3.9% | -32.9% | |||||||||
| Interest & Investment Income | $7.0M | $9.0M | $24.0M | $35.0M | $69.0M | $90.0M | $32.0M | $13.0M | $217.0M | $583.0M | $497.0M | $205.0M |
| YoY % | +28.6% | +166.7% | +45.8% | +97.1% | +30.4% | -64.4% | -59.4% | +1569.2% | +168.7% | -14.8% | -58.8% | |
| Other Non-Operating Income | -$309.0M | -$556.0M | -$21.0M | -$112.0M | -$18.0M | -$8.0M | -$158.0M | $50.0M | -$12.0M | $62.0M | -$6.0M | $43.0M |
| Impairment of Real Estate | — | — | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Pretax Income | — | — | — | — | — | $2.96B | -$4.26B | $1.32B | $728.0M | $633.0M | $598.0M | $563.0M |
| YoY % | -45.1% | -13.0% | -5.5% | -5.9% | ||||||||
| Income Tax | $680.0M | $1.30B | $1.27B | -$92.0M | $699.0M | $657.0M | -$1.18B | $348.0M | $189.0M | $168.0M | $133.0M | $122.0M |
| YoY % | +90.9% | -2.4% | -6.0% | -45.7% | -11.1% | -20.8% | -8.3% | |||||
| Net Income | $1.14B | $2.18B | $2.18B | $3.36B | $2.46B | $2.30B | -$3.07B | $977.0M | $539.0M | $465.0M | $465.0M | $441.0M |
| YoY % | +92.0% | +0.1% | +53.8% | -26.6% | -6.7% | -44.8% | -13.7% | 0.0% | -5.2% | |||
| Net Income to Common | — | — | — | — | — | — | — | $977.0M | $561.0M | $484.0M | $485.0M | $442.0M |
| YoY % | -42.6% | -13.7% | +0.2% | -8.9% | ||||||||
| EPS (Basic) | $1.65 | $3.30 | $3.48 | $5.58 | $4.30 | $4.28 | -$5.44 | $1.65 | $0.91 | $0.78 | $0.78 | $0.82 |
| YoY % | +100.0% | +5.5% | +60.3% | -22.9% | -0.5% | -44.8% | -14.3% | 0.0% | +5.1% | |||
| EPS (Diluted) | $1.64 | $3.27 | $3.45 | $5.57 | $4.29 | $4.27 | -$5.44 | $1.61 | $0.87 | $0.76 | $0.76 | $0.79 |
| YoY % | +99.4% | +5.5% | +61.4% | -23.0% | -0.5% | -46.0% | -12.6% | 0.0% | +3.9% | |||
| Weighted Avg Shares (Basic) | 687.0M | 661.0M | 627.0M | 601.0M | 573.0M | 538.0M | 565.0M | 592.0M | 593.0M | 595.0M | 598.0M | 540.0M |
| YoY % | -3.8% | -5.1% | -4.1% | -4.7% | -6.1% | +5.0% | +4.8% | +0.2% | +0.3% | +0.5% | -9.7% | |
| Weighted Avg Shares (Diluted) | 696.0M | 669.0M | 633.0M | 603.0M | 574.0M | 539.0M | 565.0M | 609.0M | 642.0M | 640.0M | 643.0M | 558.0M |
| YoY % | -3.9% | -5.4% | -4.7% | -4.8% | -6.1% | +4.8% | +7.8% | +5.4% | -0.3% | +0.5% | -13.2% | |
| Dividends Declared per Share | $0 | $0 | $0 | $0 | — | — | — | — | $0 | $1 | $1 | $1 |
| YoY % | +29.5% | +31.6% | +26.7% | +300.0% | 0.0% | 0.0% |
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.
| reported |
| FY20222022-12-31 | — | — | reported |
| FY20212021-12-31 | $0.00 | −100.0% | derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $0.33 | −51.8% | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $0.69 | +19.3% | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | $0.58 | — | derived (paid ÷ diluted shares) |
| FY20172017-12-31 | $0.47 | +26.7% | reported |
| FY20162016-12-31 | $0.38 | +31.6% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-11 | $0.1800 | — | quarterly | licensed |
| 2026-03-12 | $0.1800 | 2026-04-02 | quarterly | licensed |
| 2025-12-26 | $0.1800 | 2026-01-16 | quarterly | licensed |
| 2025-09-03 | $0.1800 | 2025-09-24 | quarterly | licensed |
| 2025-06-18 | $0.1800 | 2025-07-09 | quarterly | licensed |
| 2025-03-12 | $0.1800 | — | quarterly | licensed |
| 2024-12-26 | $0.1800 | — | quarterly | licensed |
| 2024-09-04 | $0.1800 | — | quarterly | licensed |
