| Market Cap | $31.45B | |
| Enterprise Value | $43.33B | |
| Revenue | $13.72B | +15.2% |
| Gross Profit | — | — |
| EBITDA | $4.39B | +15.4% |
| Net Income | $1.73B | +12.5% |
| Diluted EPS | $2.57 | +19.9% |
| Free Cash Flow | $2.70B | +13.3% |
| DPS (FY2025) | $1.00 |
| Trailing yield | 2.06% |
| Payout ratio | 51.2% |
| Growth streak | 2 yrs |
| 5y DPS growth | 4.8% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $1.00 | +25.0% | reported |
| FY20242024-12-31 | $0.80 | +100.0% | reported |
| FY20232023-12-31 | $0.40 |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | 28.11% | 24.31% | 21.93% | 26.89% | 27.32% | 27.75% | −47.38% | −16.27% | −19.27% | 22.30% | 21.26% | 21.65% | 38% | 72% | |
| EBITDA Margin | 35.18% | 32.85% | 31.67% | 35.98% | 35.41% | 36.16% | −13.47% | 8.31% | 5.94% | 33.95% | 32.84% | 32.90% | 54% | 83% | |
| NOPAT Margin | 26.31% | 22.12% | 19.61% | 26.89% | 24.24% | 24.42% | −37.43% | −12.86% | −15.22% | 17.98% | 19.00% | 18.25% | 38% | 77% | |
| Net Margin | 19.48% | 16.82% | 14.72% | 21.80% | 17.58% | 22.25% | −57.31% | −22.70% | 44.57% | 11.77% | 12.80% | 12.50% | 29% | 65% | |
| FCF Margin | — | — | 23.19% | 28.77% | 27.33% | 16.66% | −86.36% | — | — | 21.31% | 14.49% | 14.25% | 19% | 51% | |
| FCFF Margin | — | — | 25.34% | 31.31% | 30.21% | 19.92% | — | — | — | 27.67% | 20.24% | 19.08% | 7% | 48% | |
| FCFE Margin | — | — | 43.31% | 33.85% | 82.64% | 49.64% | −20.20% | — | — | 21.31% | 29.96% | 66.34% | 81% | 96% | |
| OCF Margin | — | — | 35.44% | 35.27% | 34.24% | 25.05% | −44.63% | — | — | 31.11% | 28.36% | 23.22% | 19% | 60% | |
| Capex Intensity | 8.08% | 13.08% | 12.25% | 6.50% | 6.91% | 8.39% | 41.73% | 19.56% | 15.84% | 9.81% | 13.87% | 8.97% | 38% | 86% | |
| ▸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 105.3% vs reported ROE 72.7%. 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 | $14.58B | $11.69B | $11.41B | $12.88B | $13.73B | $12.13B | $2.94B | $4.23B | $4.11B | $10.37B | $11.30B | $13.02B |
| YoY % | -19.9% | -2.4% | +12.9% | +6.6% | -11.7% | -75.8% | +44.0% | -2.9% | +152.4% | +8.9% | +15.2% | |
| R&D Expense | — | — | — | — | — | — | — | $109.0M | $143.0M | $205.0M | $228.0M | $269.0M |
| YoY % | +31.2% | +43.4% | +11.2% | +18.0% | ||||||||
| SG&A Expense | $1.26B | $1.27B | $1.29B | $1.42B | $1.48B | $1.12B | $798.0M | $831.0M | $936.0M | $1.11B | $1.15B | $1.19B |
| YoY % | +0.7% | +1.6% | +10.1% | +4.7% | -24.6% | -28.6% | +4.1% | +12.6% | +18.3% | +3.9% | +3.3% | |
| Total Operating Expenses | $10.48B | $8.85B | $8.77B | $9.26B | $9.98B | $8.76B | $4.33B | $4.92B | $4.90B | $8.06B | $8.90B | $10.20B |
| YoY % | -15.6% | -0.9% | +5.6% | +7.7% | -12.2% | -50.5% | +13.6% | -0.4% | +64.4% | +10.4% | +14.6% | |
| Operating Income | $4.10B | $2.84B | $2.50B | $3.46B | $3.75B | $3.37B | -$1.39B | -$689.0M | -$792.0M | $2.31B | $2.40B | $2.82B |
| YoY % | -30.7% | -11.9% | +38.4% | +8.3% | -10.3% | +3.8% | +17.3% | |||||
| Interest Expense | $274.0M | $265.0M | $274.0M | $327.0M | $446.0M | $449.0M | $523.0M | $621.0M | $702.0M | $818.0M | $727.0M | $746.0M |
| YoY % | -3.3% | +3.4% | +19.3% | +36.4% | +0.7% | +16.5% | +18.7% | +13.0% | +16.5% | -11.1% | +2.6% | |
| Other Non-Operating Income | $2.0M | $31.0M | $31.0M | -$94.0M | $26.0M | $56.0M | $19.0M | -$31.0M | -$9.0M | -$8.0M | $10.0M | -$15.0M |
| YoY % | +1450.0% | 0.0% | +115.4% | -66.1% | ||||||||
| Pretax Income | $3.83B | $2.62B | $2.26B | $3.05B | $3.33B | $3.60B | -$1.88B | -$1.47B | -$1.39B | $1.77B | $1.96B | $2.21B |
| YoY % | -31.6% | -13.7% | +34.9% | +8.9% | +8.2% | +10.4% | +12.9% | |||||
| Income Tax | $245.0M | $236.0M | $239.0M | -$209.0M | $375.0M | $432.0M | $24.0M | -$5.0M | $154.0M | $344.0M | $208.0M | $347.0M |
| YoY % | -3.7% | +1.3% | +15.2% | -94.4% | +123.4% | -39.5% | +66.8% | |||||
| Income from Discontinued Operations | — | — | — | — | — | $136.0M | -$243.0M | $193.0M | $2.90B | $0 | $0 | — |
| YoY % | +1401.6% | -100.0% | ||||||||||
| Net Income (incl. NCI) | $3.59B | $2.39B | $2.02B | $3.26B | $2.95B | $3.30B | -$2.14B | -$1.28B | $1.36B | $1.43B | $1.75B | $1.87B |
| YoY % | -33.5% | -15.1% | +61.1% | -9.6% | +12.0% | +5.5% | +22.4% | +6.5% | ||||
| Minority Interest (P&L) | $747.0M | $420.0M | $346.0M | $455.0M | $538.0M | $606.0M | -$458.0M | -$315.0M | -$475.0M | $210.0M | $306.0M | $239.0M |
| YoY % | -43.8% | -17.6% | +31.5% | +18.2% | +12.6% | +45.7% | -21.9% | |||||
| Net Income | $2.84B | $1.97B | $1.68B | $2.81B | $2.41B | $2.70B | -$1.69B | -$961.0M | $1.83B | $1.22B | $1.45B | $1.63B |
| YoY % | -30.8% | -14.6% | +67.2% | -14.1% | +11.8% | -33.4% | +18.4% | +12.5% | ||||
| EPS (Basic) | $3.52 | $2.47 | $2.11 | $3.55 | $3.07 | $3.50 | -$2.21 | -$1.26 | $2.40 | $1.60 | $1.97 | $2.35 |
| YoY % | -29.8% | -14.6% | +68.2% | -13.5% | +14.0% | -33.3% | +23.1% | +19.3% | ||||
| EPS (Diluted) | $3.52 | $2.47 | $2.11 | $3.55 | $3.07 | $3.50 | -$2.21 | -$1.26 | $2.40 | $1.60 | $1.96 | $2.35 |
| YoY % | -29.8% | -14.6% | +68.2% | -13.5% | +14.0% | -33.3% | +22.5% | +19.9% | ||||
| Weighted Avg Shares (Basic) | 806.0M | 797.0M | 795.0M | 792.0M | 786.0M | 771.0M | 764.0M | 764.0M | 764.0M | 763.0M | 735.0M | 691.0M |
| YoY % | -1.1% | -0.3% | -0.4% | -0.8% | -1.9% | -0.9% | 0.0% | 0.0% | -0.1% | -3.7% | -6.0% | |
| Weighted Avg Shares (Diluted) | 808.0M | 798.0M | 795.0M | 792.0M | 786.0M | 771.0M | 764.0M | 764.0M | 764.0M | 765.0M | 737.0M | 693.0M |
| YoY % | -1.2% | -0.4% | -0.4% | -0.8% | -1.9% | -0.9% | 0.0% | 0.0% | +0.1% | -3.7% | -6.0% | |
| Dividends Declared per Share | $2 | $3 | $3 | $3 | $3 | $3 | $1 | — | — | $0 | $1 | $1 |
| YoY % | +30.0% | +10.8% | +1.4% | +2.7% | +2.7% | -74.4% | +100.0% | +25.0% |
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 | $0.00 | — | derived (paid ÷ diluted shares) |
| FY20212021-12-31 | $0.00 | — | derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $0.79 | −74.4% | reported |
| FY20192019-12-31 | $3.08 | +2.7% | reported |
| FY20182018-12-31 | $3.00 | +2.7% | reported |
| FY20172017-12-31 | $2.92 | +1.4% | reported |
| FY20162016-12-31 | $2.88 | +10.8% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-05 | $0.3000 | 2026-05-13 | quarterly | licensed |
| 2026-02-09 | $0.3000 | 2026-02-18 | quarterly | licensed |
| 2025-11-04 | $0.2500 | 2025-11-12 | quarterly | licensed |
| 2025-08-05 | $0.2500 | 2025-08-13 | quarterly | licensed |
| 2025-05-06 | $0.2500 | 2025-05-14 | quarterly | licensed |
| 2025-02-10 | $0.2500 | — | quarterly | licensed |
| 2024-11-05 | $0.2000 | — | quarterly | licensed |
| 2024-08-06 | $0.2000 | — | quarterly | licensed |
