| Market Cap | $6.01B | |
| Enterprise Value | $17.79B | |
| Revenue | $5.11B | −8.5% |
| Gross Profit | — | — |
| EBITDA | $1.52B | −24.7% |
| Net Income | $165.0M | −84.9% |
| Diluted EPS | $3.00 | −86.0% |
| Free Cash Flow | $708.0M | −32.8% |
| DPS (FY2025) | $7.44 |
| Trailing yield | 3.78% |
| Payout ratio | 207.3% |
| Growth streak | 8 yrs |
| 5y DPS growth | 27.1% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $7.44 | +10.1% | reported |
| FY20242024-12-31 | $6.76 | +25.2% | reported |
| FY20232023-12-31 | $5.40 | +50.0% | reported |
| FY20222022-12-31 |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | 27.44% | 22.99% | 26.04% | 20.79% | 27.39% | 21.56% | 30.56% | 25.28% | 25.18% | 14.35% | 23.45% | 17.15% | 13% | 81% | |
| EBITDA Margin | 37.09% | 33.67% | 34.92% | 31.49% | 36.76% | 32.21% | 43.11% | 37.95% | 37.88% | 24.24% | 32.40% | 26.67% | 13% | 75% | |
| NOPAT Margin | 16.01% | 14.04% | 14.21% | 20.79% | 19.95% | 13.64% | 22.35% | 19.20% | 19.51% | 9.66% | 16.70% | 9.49% | 4% | 71% | |
| Net Margin | 10.22% | 8.67% | 8.30% | 19.53% | 14.08% | 7.58% | 18.03% | 17.94% | 18.63% | 7.01% | 13.35% | 2.20% | 4% | 54% | |
| FCF Margin | — | — | 22.88% | 1.51% | 22.79% | 7.24% | 23.04% | 22.89% | 23.91% | 17.23% | 20.44% | 15.01% | 25% | 74% | |
| FCFF Margin | — | — | 28.67% | — | — | — | — | — | — | — | — | — | — | — | — |
| FCFE Margin | — | — | 109.72% | 146.82% | 31.88% | 188.97% | 52.52% | 29.80% | 71.50% | 17.64% | 21.45% | 83.57% | 65% | 97% | |
| OCF Margin | — | — | 25.77% | 4.49% | 26.63% | 13.74% | 27.86% | 26.14% | 26.92% | 20.25% | 23.12% | 18.00% | 25% | 62% | |
| Capex Intensity | 3.23% | 3.24% | 2.89% | 2.98% | 3.84% | 6.50% | 4.82% | 3.25% | 3.01% | 3.02% | 2.68% | 2.99% | 29% | 54% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||||||||
| ▸Leverage · 8 ratios | |||||||||||||||
| ▸Working capital · 3 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
The five drivers multiply to 5.1% vs reported ROE 5.0%. 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 | $631.3M | $896.4M | $1.10B | $2.43B | $2.77B | $3.04B | $4.50B | $4.65B | $5.21B | $4.93B | $5.41B | $4.95B |
| YoY % | +42.0% | +23.1% | +120.4% | +13.8% | +9.9% | +48.1% | +3.3% | +12.1% | -5.3% | +9.6% | -8.5% | |
| SG&A Expense | $175.4M | $232.5M | $263.6M | $605.1M | $579.9M | $730.0M | $912.1M | $1.02B | $1.10B | $1.10B | $1.09B | $1.06B |
| YoY % | +32.5% | +13.4% | +129.5% | -4.2% | +25.9% | +24.9% | +12.3% | +7.2% | 0.0% | -0.9% | -2.3% | |
| Total Operating Expenses | — | — | — | $1.93B | $2.01B | $2.38B | $3.13B | $3.47B | $3.90B | $4.22B | $4.14B | $4.10B |
| YoY % | +4.3% | +18.7% | +31.1% | +11.1% | +12.3% | +8.4% | -2.0% | -0.9% | ||||
| Operating Income | $173.2M | $206.1M | $287.3M | $505.6M | $757.8M | $655.1M | $1.38B | $1.18B | $1.31B | $708.0M | $1.27B | $849.0M |
| YoY % | +19.0% | +39.4% | +76.0% | +49.9% | -13.5% | +109.9% | -14.6% | +11.7% | -46.0% | +79.1% | -33.0% | |
| Interest Expense | $62.0M | $80.6M | $117.2M | — | — | — | — | — | — | — | — | — |
| YoY % | +30.0% | +45.4% | ||||||||||
| Other Non-Operating Income | — | — | -$555,000 | -$16,000 | -$39,000 | -$684,000 | -$1.0M | -$2.0M | -$10.0M | — | -$2.0M | — |
| Equity Method Income | — | — | — | -$1.3M | -$2.4M | $17.9M | $70.2M | $125.0M | $153.0M | $104.0M | $70.0M | $30.0M |
| YoY % | +291.6% | +78.1% | +22.4% | -32.0% | -32.7% | -57.1% | ||||||
| Gains on Sale of Real Estate | — | — | — | — | — | — | -$4.8M | $6.2M | — | — | — | — |
| Impairment of Real Estate | — | — | — | — | — | — | $0 | $23.0M | — | — | — | — |
| Pretax Income | $110.7M | $125.1M | $170.7M | $241.4M | $532.9M | $373.3M | $1.10B | $1.09B | $1.22B | $401.0M | $959.0M | $150.0M |
| YoY % | +13.0% | +36.5% | +41.4% | +120.8% | -30.0% | +195.9% | -1.1% | +11.3% | -67.1% | +139.2% | -84.4% | |
| Income Tax | $46.1M | $48.7M | $77.6M | -$233.9M | $144.7M | $137.0M | $296.5M | $263.0M | $274.0M | $131.0M | $276.0M | $67.0M |
| YoY % | +5.6% | +59.3% | -5.3% | +116.4% | -11.3% | +4.2% | -52.2% | +110.7% | -75.7% | |||
| Income from Continuing Operations | $64.5M | — | — | — | — | — | — | — | — | — | — | — |
| Net Income (incl. NCI) | $64.5M | $76.4M | $93.1M | $475.3M | $388.3M | $236.3M | $808.1M | $830.0M | $943.0M | $270.0M | $683.0M | $83.0M |
| YoY % | +18.3% | +21.9% | +410.6% | -18.3% | -39.1% | +242.0% | +2.7% | +13.6% | -71.4% | +153.0% | -87.8% | |
| Minority Interest (P&L) | — | -$1.3M | $1.6M | $330,000 | -$1.2M | $6.0M | -$3.4M | -$4.0M | -$28.0M | -$76.0M | -$39.0M | -$26.0M |
| YoY % | -78.9% | |||||||||||
| Net Income | $64.5M | $77.7M | $91.5M | $475.0M | $389.5M | $230.3M | $811.5M | $834.0M | $971.0M | $346.0M | $722.0M | $109.0M |
| YoY % | +20.3% | +17.8% | +418.9% | -18.0% | -40.9% | +252.4% | +2.8% | +16.4% | -64.4% | +108.7% | -84.9% | |
| Net Income to Common | — | — | — | — | — | — | — | — | $971.0M | $346.0M | $702.0M | $92.0M |
| YoY % | -64.4% | +102.9% | -86.9% | |||||||||
| EPS (Basic) | $2.10 | $2.50 | $2.98 | $10.38 | $8.52 | $5.01 | $18.06 | $19.81 | $24.68 | $9.78 | $21.73 | $3.04 |
| YoY % | +19.0% | +19.2% | +248.3% | -17.9% | -41.2% | +260.5% | +9.7% | +24.6% | -60.4% | +122.2% | -86.0% | |
| EPS (Diluted) | $2.02 | $2.42 | $2.89 | $10.07 | $8.21 | $4.80 | $17.37 | $18.98 | $24.16 | $9.64 | $21.41 | $3.00 |
| YoY % | +19.8% | +19.4% | +248.4% | -18.5% | -41.5% | +261.9% | +9.3% | +27.3% | -60.1% | +122.1% | -86.0% | |
| Weighted Avg Shares (Basic) | 30.8M | 31.1M | 30.7M | 45.8M | 45.7M | 46.0M | 44.9M | 42.1M | 39.3M | 35.3M | 32.3M | 30.3M |
| YoY % | +1.1% | -1.3% | +49.1% | -0.1% | +0.6% | -2.3% | -6.2% | -6.6% | -10.2% | -8.5% | -6.1% | |
| Weighted Avg Shares (Diluted) | 32.0M | 32.1M | 31.7M | 47.1M | 47.4M | 47.9M | 46.7M | 44.0M | 40.2M | 35.8M | 32.8M | 30.7M |
| YoY % | +0.3% | -1.3% | +48.9% | +0.6% | +1.1% | -2.5% | -5.9% | -8.6% | -10.8% | -8.5% | -6.4% | |
| Dividends Declared per Share | $1 | $1 | $1 | $1 | $2 | $2 | $2 | $3 | $4 | $5 | $7 | $7 |
| YoY % | +26.7% | +26.3% | +25.0% | +25.0% | +20.0% | +24.4% | +25.0% | +28.6% | +50.0% | +25.2% | +10.1% |
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.
| $3.60 |
| +28.6% |
| reported |
| FY20212021-12-31 | $2.80 | +25.0% | reported |
| FY20202020-12-31 | $2.24 | +24.4% | reported |
| FY20192019-12-31 | $1.80 | +20.0% | reported |
| FY20182018-12-31 | $1.50 | +25.0% | reported |
| FY20172017-12-31 | $1.20 | — | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-15 | $1.86 | 2026-05-29 | quarterly | licensed |
| 2026-02-13 | $1.86 | 2026-02-27 | quarterly | licensed |
| 2025-11-12 | $1.86 | 2025-11-26 | quarterly | licensed |
| 2025-08-15 | $1.86 | — | quarterly | licensed |
| 2025-05-19 | $1.86 | 2025-06-02 | quarterly | licensed |
| 2025-02-12 | $1.86 | — | quarterly | licensed |
| 2024-11-15 | $1.69 | — | quarterly | licensed |
| 2024-08-09 | $1.69 | — | quarterly | licensed |
