| Market Cap | $9.16B | |
| Enterprise Value | $12.11B | |
| Revenue | $3.52B | +0.2% |
| Gross Profit | $2.60B | +2.0% |
| EBITDA | $1.04B | +3.2% |
| Net Income | $613.4M | +11.3% |
| Diluted EPS | $2.38 | +17.8% |
| Free Cash Flow | $1.02B | +16.0% |
| DPS (FY2025) | $0.76 |
| Trailing yield | 1.93% |
| Payout ratio | — |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $0.76 | — | reported |
| FY20242024-12-31 | — | — | reported |
| FY20232023-12-31 | $0.00 | — | derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $0.00 | — | derived (paid ÷ diluted shares) |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 72.34% | 75.92% | — | — | 76.30% | 74.30% | 73.41% | 71.87% | 69.90% | 71.64% | 71.51% | 72.80% | 55% | 78% | |
| Operating Margin | 12.18% | 5.56% | −1.04% | 5.70% | 31.76% | 31.47% | 31.18% | 28.55% | 16.15% | 27.25% | 23.66% | 25.02% | 54% | 91% | |
| EBITDA Margin | 16.01% | 11.82% | 3.77% | 9.22% | 33.85% | 33.57% | 33.23% | 30.89% | 29.00% | 30.51% | 26.18% | 26.95% | 46% | 87% | |
| NOPAT Margin | 10.58% | 4.41% | −0.82% | 5.70% | 30.99% | 30.58% | 29.05% | 28.55% | 15.49% | 22.86% | 18.53% | 20.58% | 54% | 90% | |
| Net Margin | 13.34% | 3.70% | −1.31% | — | 36.24% | 22.12% | 6.79% | 9.31% | 11.35% | 19.37% | 15.84% | 17.59% | 68% | 84% | |
| FCF Margin | — | 10.64% | 8.48% | 10.32% | 55.31% | 43.82% | — | 27.91% | 14.94% | 24.65% | 25.35% | 29.35% | 75% | 90% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 19.32% | 28.64% | 28.96% | 32.83% | 88% | 87% | |
| FCFE Margin | — | 10.64% | 21.22% | 8.07% | 55.31% | 29.03% | — | — | — | 24.65% | 25.35% | 17.17% | 31% | 69% | |
| OCF Margin | — | 12.56% | 10.96% | 12.60% | 57.12% | 45.73% | — | 30.59% | 16.49% | 26.65% | 26.81% | 30.98% | 75% | 88% | |
| Gross Profitability | 52.84% | 47.27% | — | — | 19.20% | 18.22% | 57.62% | 42.34% | 53.29% | 53.47% | 55.71% | 56.91% | 85% | 88% | |
| Capex Intensity | 1.84% | 1.92% | 2.49% | 2.28% | 1.82% | 1.90% | 1.77% | 2.68% | 1.54% | 2.00% | 1.45% | 1.63% | 21% | 46% | |
| ▸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 · 6 ratios | |||||||||||||||
The five drivers multiply to 17.0% vs reported ROE 15.7%. 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 | $3.11B | $3.23B | $3.14B | $3.31B | $1.73B | $2.05B | $2.39B | $2.98B | $3.19B | $3.36B | $3.48B | $3.49B |
| YoY % | +3.9% | -2.8% | +5.3% | -47.7% | +18.6% | +16.6% | +24.8% | +6.9% | +5.5% | +3.4% | +0.2% | |
| Cost of Revenue | $860.2M | $778.2M | — | — | $410.0M | $527.2M | $635.8M | $839.3M | $960.0M | $954.0M | $991.3M | $948.4M |
| YoY % | -9.5% | +28.6% | +20.6% | +32.0% | +14.4% | -0.6% | +3.9% | -4.3% | ||||
| R&D Expense | $160.5M | $196.6M | $212.8M | $250.9M | $132.0M | $152.0M | $169.8M | $241.0M | $333.6M | $384.2M | $442.2M | $449.5M |
| YoY % | +22.5% | +8.2% | +17.9% | -47.4% | +15.1% | +11.7% | +42.0% | +38.4% | +15.1% | +15.1% | +1.7% | |
| Selling & Marketing Expense | $1.15B | $1.35B | $1.25B | $1.38B | $420.0M | $427.4M | $479.9M | $566.5M | $534.5M | $586.3M | $622.1M | $625.5M |
| YoY % | +17.5% | -7.5% | +10.8% | -69.6% | +1.8% | +12.3% | +18.0% | -5.6% | +9.7% | +6.1% | +0.6% | |
| SG&A Expense | $443.6M | $512.1M | $530.4M | $719.3M | $182.3M | $256.1M | $311.2M | $414.8M | $435.9M | $413.6M | $438.8M | $485.6M |
| YoY % | +15.4% | +3.6% | +35.6% | -74.7% | +40.5% | +21.5% | +33.3% | +5.1% | -5.1% | +6.1% | +10.7% | |
| Total Operating Expenses | $2.73B | $3.05B | $3.17B | $3.12B | $1.18B | $1.41B | $1.65B | $2.13B | $2.67B | $2.45B | $2.66B | $2.61B |
| YoY % | +11.7% | +4.0% | -1.7% | -62.2% | +19.1% | +17.1% | +29.5% | +25.4% | -8.5% | +8.5% | -1.6% | |
| Operating Income | $378.7M | $179.6M | -$32.6M | $188.5M | $549.5M | $645.5M | $745.7M | $851.7M | $515.0M | $916.9M | $823.3M | $872.5M |
| YoY % | -52.6% | +191.5% | +17.5% | +15.5% | +14.2% | -39.5% | +78.0% | -10.2% | +6.0% | |||
| Interest Expense | — | — | — | — | — | — | — | — | $145.5M | $159.9M | $160.1M | $147.6M |
| YoY % | +9.9% | +0.1% | -7.8% | |||||||||
| Interest & Investment Income | $4.4M | $4.3M | — | — | $4.9M | $4.4M | $2.7M | — | $4.4M | $26.8M | $41.1M | $21.9M |
| YoY % | -0.1% | -10.2% | -38.6% | +512.9% | +53.5% | -46.6% | ||||||
| Other Non-Operating Income | -$926,000 | -$2.3M | — | — | — | — | — | — | $5.6M | $919,000 | $289,000 | $7.4M |
| YoY % | -83.7% | -68.6% | +2462.6% | |||||||||
| Equity Method Income | -$9.7M | $772,000 | -$549,000 | — | — | — | — | — | — | — | — | — |
| Pretax Income | $269.9M | $142.9M | -$81.1M | $67.0M | $462.4M | $532.4M | $631.0M | $256.1M | $377.5M | $776.8M | $704.1M | $746.0M |
| YoY % | -47.1% | +590.6% | +15.1% | +18.5% | -59.4% | +47.4% | +105.8% | -9.4% | +6.0% | |||
| Income Tax | $35.4M | $29.5M | -$64.9M | -$291.1M | $11.3M | $15.1M | $43.3M | -$19.9M | $15.4M | $125.3M | $152.7M | $132.5M |
| YoY % | -16.6% | +33.4% | +187.0% | +715.8% | +21.9% | -13.2% | ||||||
| Income from Continuing Operations | $240.2M | $119.5M | -$41.5M | — | $365.9M | $413.9M | $528.1M | $277.2M | $364.2M | $651.5M | $551.3M | — |
| YoY % | -50.3% | +13.1% | +27.6% | -47.5% | +31.4% | +78.9% | -15.4% | |||||
| Income from Discontinued Operations | $174.7M | $17,000 | $189,000 | — | $306.6M | $49.2M | -$366.1M | $509,000 | -$2.2M | $0 | $0 | — |
| YoY % | -100.0% | +1011.8% | -84.0% | |||||||||
| Net Income (incl. NCI) | $409.2M | $113.4M | -$16.2M | $358.0M | $757.7M | $566.5M | $221.6M | $276.6M | $359.9M | $651.5M | $551.3M | $613.5M |
| YoY % | -72.3% | +111.7% | -25.2% | -60.9% | +24.8% | +30.1% | +81.0% | -15.4% | +11.3% | |||
| Minority Interest (P&L) | -$5.6M | -$6.1M | $25.1M | $53.1M | $130.8M | $112.7M | $59.3M | -$1.2M | -$2.0M | -$67,000 | $37,000 | $15,000 |
| YoY % | +111.2% | +146.4% | -13.8% | -47.4% | -59.5% | |||||||
| Net Income to Common | $414.9M | $119.5M | -$41.3M | $304.9M | $627.0M | $453.8M | $162.3M | $277.7M | $361.9M | $651.5M | $551.3M | $613.4M |
| YoY % | -71.2% | +105.6% | -27.6% | -64.2% | +71.1% | +30.3% | +80.0% | -15.4% | +11.3% | |||
| EPS (Basic) | $4.98 | $1.44 | -$0.52 | $3.81 | $3.48 | $2.50 | $0.73 | $1.01 | $1.28 | $2.36 | $2.12 | $2.53 |
| YoY % | -71.1% | -8.7% | -28.2% | -70.8% | +38.4% | +26.7% | +84.4% | -10.2% | +19.3% | |||
| EPS (Diluted) | $4.68 | $1.33 | -$0.52 | $3.18 | $3.05 | $2.15 | $0.66 | $0.93 | $1.24 | $2.26 | $2.02 | $2.38 |
| YoY % | -71.6% | -4.1% | -29.5% | -69.3% | +40.9% | +33.3% | +82.3% | -10.6% | +17.8% | |||
| Weighted Avg Shares (Basic) | 83.3M | 82.9M | 80.0M | 80.1M | 180.0M | 181.9M | 223.4M | 275.0M | 282.6M | 275.8M | 260.3M | 242.7M |
| YoY % | -0.4% | -3.5% | +0.1% | +124.8% | +1.0% | +22.9% | +23.1% | +2.7% | -2.4% | -5.6% | -6.8% | |
| Weighted Avg Shares (Diluted) | 88.6M | 88.3M | 80.0M | 85.3M | 197.1M | 201.8M | 256.0M | 304.8M | 295.2M | 293.3M | 279.1M | 262.5M |
| YoY % | -0.3% | -9.3% | +6.6% | +131.1% | +2.4% | +26.9% | +19.1% | -3.2% | -0.7% | -4.8% | -5.9% | |
| Dividends Declared per Share | $1 | $1 | $0 | $0 | — | — | — | — | — | — | $0 | $1 |
| YoY % | +17.2% | -100.0% | +300.0% |
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.
| FY20192019-12-31 | $0.00 | −100.0% | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | $0.53 | — | derived (paid ÷ diluted shares) |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-07-07 | $0.2000 | — | quarterly | licensed |
| 2026-04-07 | $0.2000 | 2026-04-21 | quarterly | licensed |
| 2026-01-06 | $0.1900 | 2026-01-21 | quarterly | licensed |
| 2025-10-03 | $0.1900 | 2025-10-17 | quarterly | licensed |
| 2025-07-03 | $0.1900 | 2025-07-18 | quarterly | licensed |
| 2025-04-03 | $0.1900 | — | quarterly | licensed |
| 2025-01-06 | $0.1900 | — | quarterly | licensed |
| 2018-12-04 | $2.00 | — | quarterly | licensed |
