| Market Cap | $83.70B | |
| Enterprise Value | $89.15B | |
| Revenue | $8.16B | +8.9% |
| Gross Profit | $6.12B | +11.7% |
| EBITDA | $4.15B | +15.9% |
| Net Income | $2.79B | +19.5% |
| Diluted EPS | $13.67 | +21.4% |
| Free Cash Flow | $2.97B | +2.1% |
| DPS (FY2025) | $3.76 |
| Trailing yield | 0.78% |
| Payout ratio | 28.5% |
| Growth streak | 8 yrs |
| 5y DPS growth | 10.9% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $3.76 | +10.6% | reported |
| FY20242024-12-31 | $3.40 | +10.4% | reported |
| FY20232023-12-31 | $3.08 |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | — | 71.08% | 71.96% | 71.28% | 72.54% | 73.67% | 70.50% | 71.48% | 72.56% | 74.44% | 94% | 76% | |
| Operating Margin | 43.16% | 42.28% | 18.06% | 43.31% | 42.04% | 41.38% | 44.46% | 45.74% | 34.44% | 36.12% | 40.56% | 43.42% | 79% | 96% | |
| EBITDA Margin | 46.03% | 45.54% | 21.57% | 47.07% | 46.37% | 45.52% | 48.56% | 49.87% | 40.49% | 42.43% | 46.64% | 49.64% | 88% | 95% | |
| NOPAT Margin | — | — | — | — | — | 32.67% | 35.45% | 36.76% | 26.88% | 30.02% | 30.94% | 34.15% | 64% | 95% | |
| Net Margin | 29.65% | 27.01% | 7.40% | 23.81% | 29.48% | 29.45% | 33.10% | 35.61% | 25.13% | 27.16% | 29.03% | 31.86% | 79% | 90% | |
| FCF Margin | 28.31% | 31.83% | 31.74% | 15.79% | 30.84% | 33.26% | 38.04% | 30.01% | 21.78% | 31.78% | 35.57% | 33.36% | 79% | 85% | |
| OCF Margin | 30.55% | 34.38% | 34.94% | 17.96% | 32.88% | 34.69% | 39.96% | 32.25% | 26.96% | 36.36% | 40.04% | 37.59% | 79% | 86% | |
| Gross Profitability | — | — | — | 34.77% | 33.56% | 33.53% | 31.40% | 31.21% | 26.87% | 28.92% | 33.17% | 36.29% | 94% | 60% | |
| Capex Intensity | 2.24% | 2.55% | 3.20% | 2.16% | 2.05% | 1.43% | 1.92% | 2.24% | 5.18% | 4.58% | 4.47% | 4.22% | 71% | 71% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 5 ratios | |||||||||||||||
| ▸Leverage · 8 ratios | |||||||||||||||
| ▸Working capital · 5 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 3 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 61.3% vs reported ROE 64.5%. 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 | $3.33B | $3.48B | $3.60B | $4.20B | $4.44B | $4.83B | $5.37B | $6.22B | $5.47B | $5.92B | $7.09B | $7.72B |
| YoY % | +4.5% | +3.4% | +16.6% | +5.7% | +8.7% | +11.2% | +15.8% | -12.1% | +8.2% | +19.8% | +8.9% | |
| Cost of Revenue | — | — | — | $1.22B | $1.25B | $1.39B | $1.48B | $1.64B | $1.61B | $1.69B | $1.95B | $1.97B |
| YoY % | +2.5% | +11.3% | +6.3% | +11.0% | -1.5% | +4.6% | +15.3% | +1.4% | ||||
| R&D Expense | $37.9M | $29.1M | $40.1M | $42.0M | $51.1M | — | — | — | — | — | — | — |
| YoY % | -23.2% | +37.8% | +4.7% | +21.7% | ||||||||
| SG&A Expense | $869.3M | $921.3M | $931.2M | $986.0M | $1.08B | $1.17B | $1.23B | $1.48B | $1.53B | $1.63B | $1.74B | $1.80B |
| YoY % | +6.0% | +1.1% | +5.9% | +9.5% | +8.1% | +5.3% | +20.4% | +3.2% | +6.9% | +6.3% | +3.9% | |
| Total Operating Expenses | — | — | — | $2.38B | $2.58B | $2.83B | $2.98B | $3.37B | $3.58B | $3.78B | $4.21B | $4.37B |
| YoY % | +8.1% | +9.9% | +5.4% | +13.1% | +6.3% | +5.4% | +11.5% | +3.7% | ||||
| Operating Income | $1.44B | $1.47B | $650.9M | $1.82B | $1.87B | $2.00B | $2.39B | $2.84B | $1.88B | $2.14B | $2.88B | $3.35B |
| YoY % | +2.4% | -55.8% | +179.8% | +2.6% | +7.0% | +19.5% | +19.1% | -33.8% | +13.5% | +34.5% | +16.6% | |
| Interest & Investment Income | $6.7M | $9.7M | $10.9M | $16.0M | $15.0M | $17.0M | — | — | — | — | — | — |
| YoY % | +44.8% | +12.4% | +46.8% | -6.3% | +13.3% | |||||||
| Other Non-Operating Income | $35.9M | $21.3M | $64.4M | $4.0M | $19.0M | $20.0M | $46.0M | $82.0M | $38.0M | $49.0M | $61.0M | -$31.0M |
| YoY % | -40.7% | +202.3% | -93.8% | +375.0% | +5.3% | +130.0% | +78.3% | -53.7% | +28.9% | +24.5% | ||
| Equity Method Income | $9.6M | $11.8M | $11.4M | $13.0M | $14.0M | $13.0M | $6.0M | $60.0M | $17.0M | $19.0M | $15.0M | $20.0M |
| YoY % | +22.9% | -3.4% | +14.0% | +7.7% | -7.1% | -53.8% | +900.0% | -71.7% | +11.8% | -21.1% | +33.3% | |
| Impairment of Real Estate | — | — | — | — | — | — | $36.0M | $0 | $29.0M | $35.0M | $32.0M | — |
| YoY % | -100.0% | +20.7% | -8.6% | |||||||||
| Pretax Income | — | — | — | — | — | $1.81B | $2.23B | $2.75B | $1.76B | $1.94B | $2.70B | $3.13B |
| YoY % | +23.1% | +23.6% | -36.1% | +9.9% | +39.5% | +16.0% | ||||||
| Income Tax | $455.0M | $430.0M | $282.2M | $779.0M | $352.0M | $381.0M | $452.0M | $541.0M | $386.0M | $327.0M | $640.0M | $668.0M |
| YoY % | -5.5% | -34.4% | +176.0% | -54.8% | +8.2% | +18.6% | +19.7% | -28.7% | -15.3% | +95.7% | +4.4% | |
| Net Income (incl. NCI) | $1.01B | $949.6M | $275.8M | $1.01B | $1.32B | $1.43B | $1.78B | $2.21B | $1.37B | $1.61B | $2.06B | $2.46B |
| YoY % | -5.6% | -71.0% | +265.5% | +31.0% | +8.3% | +24.4% | +24.6% | -37.9% | +17.0% | +28.0% | +19.6% | |
| Minority Interest (P&L) | $17.3M | $8.3M | $9.2M | $7.0M | $10.0M | $7.0M | -$1.0M | $0 | $0 | $1.0M | $1.0M | $3.0M |
| YoY % | -52.0% | +10.8% | -23.9% | +42.9% | -30.0% | 0.0% | +200.0% | |||||
| Net Income | $988.7M | $941.3M | $266.6M | $1.00B | $1.31B | $1.42B | $1.78B | $2.21B | $1.37B | $1.61B | $2.06B | $2.46B |
| YoY % | -4.8% | -71.7% | +275.5% | +30.9% | +8.5% | +25.0% | +24.5% | -37.9% | +17.0% | +28.1% | +19.5% | |
| EPS (Basic) | $4.69 | $4.70 | $1.38 | $5.24 | $6.84 | $7.51 | $9.48 | $11.88 | $7.47 | $8.77 | $11.32 | $13.73 |
| YoY % | +0.2% | -70.6% | +279.7% | +30.5% | +9.8% | +26.2% | +25.3% | -37.1% | +17.4% | +29.1% | +21.3% | |
| EPS (Diluted) | $4.61 | $4.63 | $1.36 | $5.15 | $6.74 | $7.42 | $9.39 | $11.78 | $7.44 | $8.73 | $11.26 | $13.67 |
| YoY % | +0.4% | -70.6% | +278.7% | +30.9% | +10.1% | +26.5% | +25.5% | -36.8% | +17.3% | +29.0% | +21.4% | |
| Weighted Avg Shares (Basic) | 210.7M | 200.1M | 192.7M | 191.1M | 191.6M | 189.3M | 187.6M | 186.4M | 183.9M | 183.2M | 181.8M | 179.1M |
| YoY % | -5.0% | -3.7% | -0.8% | +0.3% | -1.2% | -0.9% | -0.6% | -1.3% | -0.4% | -0.8% | -1.5% | |
| Weighted Avg Shares (Diluted) | 214.7M | 203.4M | 195.4M | 194.2M | 194.4M | 191.6M | 189.3M | 187.9M | 184.7M | 184.0M | 182.7M | 179.9M |
| YoY % | -5.3% | -3.9% | -0.6% | +0.1% | -1.4% | -1.2% | -0.7% | -1.7% | -0.4% | -0.7% | -1.5% | |
| Dividends Declared per Share | $1 | $1 | $1 | $1 | $2 | $2 | $2 | $2 | $3 | $3 | $3 | $4 |
| YoY % | +17.8% | +7.2% | -23.5% | +54.4% | +13.6% | +12.0% | +10.7% | +12.9% | +10.0% | +10.4% | +10.6% |
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 | $2.80 | +12.9% | reported |
| FY20212021-12-31 | $2.48 | +10.7% | reported |
| FY20202020-12-31 | $2.24 | +12.0% | reported |
| FY20192019-12-31 | $2.00 | +13.6% | reported |
| FY20182018-12-31 | $1.76 | +54.4% | reported |
| FY20172017-12-31 | $1.14 | −23.5% | reported |
| FY20162016-12-31 | $1.49 | +7.2% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-15 | $1.03 | 2026-06-05 | quarterly | licensed |
| 2026-03-02 | $1.03 | 2026-03-13 | quarterly | licensed |
| 2025-11-21 | $0.9400 | 2025-12-12 | quarterly | licensed |
| 2025-08-15 | $0.9400 | 2025-09-05 | quarterly | licensed |
| 2025-05-16 | $0.9400 | 2025-06-06 | quarterly | licensed |
| 2025-02-25 | $0.9400 | — | quarterly | licensed |
| 2024-11-22 | $0.8500 | — | quarterly | licensed |
| 2024-08-16 | $0.8500 | — | quarterly | licensed |
