| Market Cap | $502.71B | |
| Enterprise Value | $513.77B | |
| Revenue | $33.94B | +16.4% |
| Gross Profit | — | — |
| EBITDA | $20.82B | +21.6% |
| Net Income | $15.55B | +16.2% |
| Diluted EPS | $16.52 | +18.9% |
| Free Cash Flow | $17.78B | +19.9% |
| DPS (FY2025) | $3.15 |
| Trailing yield | 0.56% |
| Payout ratio | — |
| Growth streak | 3 yrs |
| 5y DPS growth | 14.6% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $3.15 | +15.0% | reported |
| FY20242024-12-31 | $2.74 | +15.6% | reported |
| FY20232023-12-31 | $2.37 | +16.2% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | 53.90% | 52.53% | 53.46% | 52.99% | 48.71% | 57.24% | 52.81% | 53.39% | 55.15% | 55.81% | 55.32% | 57.63% | 96% | 100% | |
| EBITDA Margin | 57.29% | 56.32% | 56.92% | 56.49% | 51.78% | 60.33% | 56.60% | 57.23% | 58.52% | 59.00% | 58.50% | 61.11% | 96% | 99% | |
| NOPAT Margin | — | — | — | — | — | — | — | — | 46.68% | 45.81% | 46.69% | 46.43% | 38% | 99% | |
| Net Margin | 38.42% | 39.39% | 37.61% | 31.34% | 39.15% | 48.09% | 42.38% | 45.95% | 44.60% | 44.56% | 45.65% | 45.58% | 71% | 99% | |
| FCF Margin | 34.12% | 39.99% | 39.62% | 42.92% | 39.42% | 45.97% | 45.00% | 47.96% | 48.36% | 46.25% | 50.79% | 52.33% | 96% | 99% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 50.15% | 48.14% | 52.73% | 54.10% | 88% | 99% | |
| OCF Margin | 35.97% | 41.82% | 41.61% | 45.32% | 41.63% | 48.47% | 47.21% | 50.11% | 50.34% | 47.73% | 52.47% | 53.82% | 96% | 99% | |
| Capex Intensity | 1.85% | 1.83% | 2.00% | 2.40% | 2.21% | 2.50% | 2.22% | 2.16% | 1.99% | 1.48% | 1.68% | 1.49% | 13% | 34% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 3 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 3 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 204.7% vs reported ROE 210.2%. 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 | $9.47B | $9.67B | $10.78B | $12.50B | $14.95B | $16.88B | $15.30B | $18.88B | $22.24B | $25.10B | $28.17B | $32.79B |
| YoY % | +2.0% | +11.5% | +16.0% | +19.6% | +12.9% | -9.4% | +23.4% | +17.8% | +12.9% | +12.2% | +16.4% | |
| SG&A Expense | $3.15B | $3.34B | $3.71B | $4.65B | $5.17B | $5.76B | $5.91B | $7.09B | $8.08B | $8.93B | $10.19B | $11.32B |
| YoY % | +6.0% | +11.2% | +25.3% | +11.2% | +11.4% | +2.6% | +19.9% | +14.0% | +10.5% | +14.2% | +11.0% | |
| Total Operating Expenses | $4.33B | $4.59B | $5.01B | $5.88B | $7.67B | $7.22B | $7.22B | $8.80B | $9.97B | $11.09B | $12.59B | $13.89B |
| YoY % | +5.9% | +9.3% | +17.1% | +30.5% | -5.9% | +0.0% | +21.9% | +13.3% | +11.2% | +13.5% | +10.4% | |
| Operating Income | $5.11B | $5.08B | $5.76B | $6.62B | $7.28B | $9.66B | $8.08B | $10.08B | $12.26B | $14.01B | $15.58B | $18.90B |
| YoY % | -0.5% | +13.5% | +14.9% | +10.0% | +32.7% | -16.4% | +24.8% | +21.6% | +14.2% | +11.2% | +21.3% | |
| Interest Expense | — | — | — | — | — | — | — | — | $471.0M | $575.0M | $646.0M | $722.0M |
| YoY % | +22.1% | +12.3% | +11.8% | |||||||||
| Other Non-Operating Income | -$7.0M | -$84.0M | -$63.0M | -$2.0M | -$14.0M | $27.0M | $5.0M | $0 | $23.0M | -$7.0M | $20.0M | $166.0M |
| YoY % | -81.5% | -100.0% | +730.0% | |||||||||
| Equity Method Income | — | — | — | — | — | $167.0M | $30.0M | $645.0M | -$145.0M | -$61.0M | — | — |
| YoY % | -82.0% | +2050.0% | ||||||||||
| Pretax Income | — | — | — | — | — | — | — | — | $11.73B | $13.64B | $15.25B | $18.58B |
| YoY % | +16.3% | +11.8% | +21.8% | |||||||||
| Income Tax | $1.46B | $1.15B | $1.59B | $2.61B | $1.34B | $1.61B | $1.35B | $1.62B | $1.80B | $2.44B | $2.38B | $3.61B |
| YoY % | -21.3% | +38.0% | +64.3% | -48.4% | +19.9% | -16.4% | +20.1% | +11.2% | +35.6% | -2.6% | +51.7% | |
| Net Income (incl. NCI) | $3.62B | $3.81B | $4.06B | $3.92B | $5.86B | $8.12B | $6.41B | $8.69B | $9.93B | $11.20B | $12.87B | $14.97B |
| YoY % | +5.3% | +6.6% | -3.5% | +49.7% | +38.6% | -21.0% | +35.5% | +14.3% | +12.7% | +15.0% | +16.3% | |
| Minority Interest (P&L) | -$23.0M | $0 | $6.0M | -$1.0M | $6.0M | -$1.0M | -$73.0M | $9.0M | $13.0M | $12.0M | $16.0M | $21.0M |
| YoY % | +44.4% | -7.7% | +33.3% | +31.3% | ||||||||
| EPS (Basic) | $3.11 | $3.36 | $3.70 | $3.67 | $5.63 | $7.98 | $6.40 | $8.79 | $10.26 | $11.86 | $13.91 | $16.54 |
| YoY % | +8.0% | +10.1% | -0.8% | +53.4% | +41.7% | -19.8% | +37.3% | +16.7% | +15.6% | +17.3% | +18.9% | |
| EPS (Diluted) | $3.10 | $3.35 | $3.69 | $3.65 | $5.60 | $7.94 | $6.37 | $8.76 | $10.22 | $11.83 | $13.89 | $16.52 |
| YoY % | +8.1% | +10.1% | -1.1% | +53.4% | +41.8% | -19.8% | +37.5% | +16.7% | +15.8% | +17.4% | +18.9% | |
| Weighted Avg Shares (Basic) | 1.17B | 1.13B | 1.10B | 1.07B | 1.04B | 1.02B | 1.00B | 988.0M | 968.0M | 944.0M | 925.0M | 905.0M |
| YoY % | -2.7% | -3.2% | -2.8% | -2.4% | -2.3% | -1.5% | -1.4% | -2.0% | -2.5% | -2.0% | -2.2% | |
| Weighted Avg Shares (Diluted) | 1.17B | 1.14B | 1.10B | 1.07B | 1.05B | 1.02B | 1.01B | 992.0M | 971.0M | 946.0M | 927.0M | 906.0M |
| YoY % | -2.7% | -3.2% | -2.6% | -2.3% | -2.4% | -1.6% | -1.4% | -2.1% | -2.6% | -2.0% | -2.3% | |
| Dividends Declared per Share | $0 | $1 | $1 | $1 | $1 | $1 | — | — | $2 | $2 | $3 | $3 |
| YoY % | +36.7% | +17.9% | +15.2% | +18.7% | +28.7% | +16.2% | +15.6% | +15.0% |
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 | $2.04 | — | reported |
| FY20212021-12-31 | $1.76 | +10.0% | derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $1.60 | — | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $1.39 | +28.7% | reported |
| FY20182018-12-31 | $1.08 | +18.7% | reported |
| FY20172017-12-31 | $0.91 | +15.2% | reported |
| FY20162016-12-31 | $0.79 | +17.9% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-07-09 | $0.8700 | 2026-08-07 | quarterly | licensed |
| 2026-04-09 | $0.8700 | 2026-05-08 | quarterly | licensed |
| 2026-01-09 | $0.8700 | 2026-02-09 | quarterly | licensed |
| 2025-10-09 | $0.7600 | 2025-11-07 | quarterly | licensed |
| 2025-07-09 | $0.7600 | — | quarterly | licensed |
| 2025-04-09 | $0.7600 | 2025-05-09 | quarterly | licensed |
| 2025-01-10 | $0.7600 | — | quarterly | licensed |
| 2024-10-09 | $0.6600 | — | quarterly | licensed |
