| Market Cap | $34.21B | |
| Enterprise Value | $39.46B | |
| Revenue | $6.35B | +8.6% |
| Gross Profit | $1.89B | +15.5% |
| EBITDA | $2.07B | −32.0% |
| Net Income | $2.53B | −43.0% |
| Diluted EPS | $18.77 | −42.1% |
| Free Cash Flow | $1.03B | +61.9% |
| DPS (FY2025) | $3.24 |
| Trailing yield | 0.57% |
| Payout ratio | 17.3% |
| Growth streak | 8 yrs |
| 5y DPS growth | 7.7% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $3.24 | +5.9% | reported |
| FY20242024-12-31 | $3.06 | +9.3% | reported |
| FY20232023-12-31 | $2.80 | +10.2% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 17.66% | 20.54% | 23.88% | 24.51% | 22.77% | 24.88% | 26.49% | 24.91% | 23.10% | 29.82% | 28.89% | 30.72% | 96% | 51% | |
| Operating Margin | 10.64% | 13.96% | 17.74% | 17.66% | 16.27% | 18.67% | 21.26% | 17.99% | 19.59% | 22.78% | 43.78% | 23.37% | 88% | 90% | |
| EBITDA Margin | 18.18% | 21.41% | 25.21% | 25.16% | 24.38% | 26.51% | 29.58% | 26.33% | 27.80% | 31.55% | 53.90% | 33.72% | 88% | 92% | |
| NOPAT Margin | 6.59% | 9.75% | 12.43% | 17.66% | 13.29% | 15.27% | 17.24% | 14.77% | 15.37% | 18.43% | 33.61% | 18.87% | 88% | 89% | |
| Net Margin | 5.26% | 8.16% | 11.14% | 17.99% | 11.07% | 12.91% | 15.24% | 12.98% | 14.07% | 19.98% | 35.23% | 18.49% | 79% | 90% | |
| FCF Margin | 5.05% | 7.41% | 7.90% | 6.24% | 7.75% | 12.08% | 14.60% | 13.20% | 8.26% | 15.01% | 10.67% | 15.90% | 96% | 83% | |
| FCFF Margin | 6.44% | 8.92% | 9.40% | 8.54% | 10.39% | 14.31% | 16.62% | 15.36% | 10.41% | 17.29% | 12.96% | 18.92% | 96% | 83% | |
| FCFE Margin | −1.32% | 7.00% | 10.80% | 40.12% | 9.87% | 4.69% | 11.45% | 58.94% | 7.39% | 3.04% | 29.53% | 3.95% | 21% | 48% | |
| OCF Margin | 12.90% | 16.40% | 18.04% | 16.58% | 16.61% | 20.39% | 22.20% | 21.01% | 16.09% | 26.12% | 25.77% | 29.02% | 96% | 89% | |
| Gross Profitability | 7.24% | 10.45% | 12.49% | 10.81% | 10.12% | 11.64% | 11.84% | 9.37% | 9.49% | 11.54% | 9.00% | 10.10% | 38% | 27% | |
| Capex Intensity | 7.85% | 8.99% | 10.14% | 10.35% | 8.86% | 8.30% | 7.60% | 7.81% | 7.82% | 11.11% | 15.10% | 13.12% | 88% | 79% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 11.5% vs reported ROE 11.7%. 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 | $2.96B | $3.54B | $3.82B | $3.97B | $4.24B | $4.74B | $4.73B | $5.41B | $6.16B | $5.85B | $5.66B | $6.15B |
| YoY % | +19.7% | +7.9% | +3.8% | +7.0% | +11.7% | -0.2% | +14.5% | +13.8% | -5.0% | -3.2% | +8.6% | |
| Cost of Revenue | $2.44B | $2.81B | $2.91B | $2.99B | $3.28B | $3.56B | $3.48B | $4.07B | $4.74B | $4.11B | $4.03B | $4.26B |
| YoY % | +15.5% | +3.4% | +3.0% | +9.5% | +8.6% | -2.3% | +16.9% | +16.5% | -13.3% | -1.9% | +5.8% | |
| Gross Profit | $522.4M | $726.9M | $911.7M | $971.9M | $966.6M | $1.18B | $1.25B | $1.35B | $1.42B | $1.75B | $1.64B | $1.89B |
| YoY % | +39.2% | +25.4% | +6.6% | -0.5% | +22.0% | +6.3% | +7.6% | +5.5% | +22.6% | -6.2% | +15.5% | |
| SG&A Expense | $169.2M | $210.8M | $241.6M | $262.1M | $280.6M | $302.7M | $305.9M | $351.0M | $397.0M | $425.0M | $429.0M | $443.0M |
| YoY % | +24.5% | +14.6% | +8.5% | +7.1% | +7.9% | +1.1% | +14.7% | +13.1% | +7.1% | +0.9% | +3.3% | |
| Operating Income | $314.9M | $494.2M | $677.3M | $700.4M | $690.7M | $884.9M | $1.01B | $973.8M | $1.21B | $1.33B | $2.48B | $1.44B |
| YoY % | +56.9% | +37.1% | +3.4% | -1.4% | +28.1% | +13.6% | -3.1% | +23.9% | +10.4% | +86.0% | -42.0% | |
| Interest Expense | $66.1M | $76.3M | $81.7M | $91.5M | $137.1M | $129.3M | $118.1M | $142.7M | $169.0M | $165.0M | $169.0M | $230.0M |
| YoY % | +15.5% | +7.1% | +12.0% | +49.8% | -5.7% | -8.7% | +20.8% | +18.4% | -2.4% | +2.4% | +36.1% | |
| Other Non-Operating Income | $362,000 | -$4.1M | $11.4M | $10.0M | $22.5M | -$7.3M | $2.0M | $24.4M | $53.0M | $58.0M | $56.0M | $19.0M |
| YoY % | -12.6% | +125.0% | +1120.0% | +117.2% | +9.4% | -3.4% | -66.1% | |||||
| Gains on Sale of Real Estate | — | — | — | — | — | — | $73.0M | $21.7M | — | $2.0M | $1.37B | $25.0M |
| YoY % | -70.3% | +68350.0% | -98.2% | |||||||||
| Pretax Income | $249.2M | $413.8M | $607.0M | $618.9M | $576.1M | $748.3M | $889.3M | $855.5M | $1.09B | $1.23B | $2.37B | $1.23B |
| YoY % | +66.1% | +46.7% | +2.0% | -6.9% | +29.9% | +18.8% | -3.8% | +27.5% | +12.4% | +93.0% | -48.2% | |
| Income Tax | $94.8M | $124.9M | $181.6M | -$94.5M | $105.7M | $136.3M | $168.2M | $153.2M | $235.0M | $234.0M | $550.0M | $236.0M |
| YoY % | +31.6% | +45.4% | +28.9% | +23.4% | -8.9% | +53.4% | -0.4% | +135.0% | -57.1% | |||
| Income from Continuing Operations | $155.6M | $288.8M | $425.4M | $713.3M | — | $611.9M | $721.0M | $702.0M | $856.3M | $1.20B | — | — |
| YoY % | +85.6% | +47.3% | +67.7% | +17.8% | -2.6% | +22.0% | +40.1% | |||||
| Income from Discontinued Operations | -$37,000 | — | — | — | — | — | $0 | $500,000 | $11.0M | $178.0M | $180.0M | $147.0M |
| YoY % | +2100.0% | +1518.2% | +1.1% | -18.3% | ||||||||
| Net Income (incl. NCI) | $154.3M | $288.9M | $425.4M | $713.4M | $470.4M | $612.0M | $721.1M | $702.8M | $867.0M | $1.17B | $2.00B | $1.14B |
| YoY % | +87.3% | +47.2% | +67.7% | -34.1% | +30.1% | +17.8% | -2.5% | +23.4% | +34.9% | +70.6% | -43.0% | |
| Minority Interest (P&L) | -$1.3M | $146,000 | $58,000 | $100,000 | $400,000 | $100,000 | $100,000 | $300,000 | $0 | $1.0M | $1.0M | $0 |
| YoY % | -60.3% | +72.4% | +300.0% | -75.0% | 0.0% | +200.0% | -100.0% | 0.0% | -100.0% | |||
| Net Income | $155.6M | $288.8M | $425.4M | $713.3M | $470.0M | $611.9M | $721.0M | $702.5M | $867.0M | $1.17B | $2.00B | $1.14B |
| YoY % | +85.6% | +47.3% | +67.7% | -34.1% | +30.2% | +17.8% | -2.6% | +23.4% | +34.8% | +70.7% | -43.0% | |
| EPS (Basic) | $2.73 | $4.31 | $6.66 | $11.30 | $7.46 | $9.77 | $11.56 | $11.26 | $13.91 | $18.88 | $32.50 | $18.81 |
| YoY % | +57.9% | +54.5% | +69.7% | -34.0% | +31.0% | +18.3% | -2.6% | +23.5% | +35.7% | +72.1% | -42.1% | |
| EPS (Diluted) | $2.71 | $4.29 | $6.63 | $11.25 | $7.43 | $9.74 | $11.54 | $11.22 | $13.87 | $18.82 | $32.41 | $18.77 |
| YoY % | +58.3% | +54.5% | +69.7% | -34.0% | +31.1% | +18.5% | -2.8% | +23.6% | +35.7% | +72.2% | -42.1% | |
| Weighted Avg Shares (Basic) | 56.9M | 66.8M | 63.6M | 62.9M | 62.9M | 62.5M | 62.3M | 62.4M | 62.3M | 61.9M | 61.4M | 60.5M |
| YoY % | +17.4% | -4.7% | -1.1% | 0.0% | -0.6% | -0.3% | +0.2% | -0.2% | -0.6% | -0.8% | -1.5% | |
| Weighted Avg Shares (Diluted) | 57.1M | 67.0M | 63.9M | 63.2M | 63.1M | 62.7M | 62.4M | 62.6M | 62.5M | 62.1M | 61.6M | 60.6M |
| YoY % | +17.4% | -4.7% | -1.0% | -0.2% | -0.6% | -0.5% | +0.3% | -0.2% | -0.6% | -0.8% | -1.6% | |
| Dividends Declared per Share | $2 | $2 | $2 | $2 | $2 | $2 | $2 | $2 | $3 | $3 | $3 | $3 |
| YoY % | +2.5% | +4.9% | 0.0% | +7.0% | +12.0% | +8.7% | +5.4% | +7.6% | +10.2% | +9.3% | +5.9% |
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 | $2.54 | +7.6% | reported |
| FY20212021-12-31 | $2.36 | +5.4% | reported |
| FY20202020-12-31 | $2.24 | +8.7% | reported |
| FY20192019-12-31 | $2.06 | +12.0% | reported |
| FY20182018-12-31 | $1.84 | +7.0% | reported |
| FY20172017-12-31 | $1.72 | +0.0% | reported |
| FY20162016-12-31 | $1.72 | +4.9% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-01 | $0.8300 | — | quarterly | licensed |
| 2026-03-02 | $0.8300 | 2026-03-31 | quarterly | licensed |
| 2025-12-01 | $0.8300 | 2025-12-31 | quarterly | licensed |
| 2025-09-02 | $0.8300 | 2025-09-30 | quarterly | licensed |
| 2025-06-02 | $0.7900 | 2025-06-30 | quarterly | licensed |
| 2025-03-03 | $0.7900 | — | quarterly | licensed |
| 2024-12-02 | $0.7900 | — | quarterly | licensed |
| 2024-09-03 | $0.7900 | — | quarterly | licensed |
