| Market Cap | $10.17B | |
| Enterprise Value | $15.54B | |
| Revenue | $3.27B | +9.2% |
| Gross Profit | $1.99B | +4.8% |
| EBITDA | $1.34B | +5.8% |
| Net Income | $458.2M | +6.6% |
| Diluted EPS | $2.32 | +5.9% |
| Free Cash Flow | $225.0M | — |
| DPS (FY2025) | $1.69 |
| Trailing yield | 3.43% |
| Payout ratio | 72.6% |
| Growth streak | 11 yrs |
| 5y DPS growth | 1.4% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $1.69 | +0.8% | reported |
| FY20242024-12-31 | $1.68 | +0.9% | reported |
| FY20232023-12-31 | $1.66 | +1.0% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 54.89% | 60.63% | 61.04% | 60.30% | 60.69% | 64.74% | 69.63% | 41.77% | 50.75% | 65.91% | 63.94% | 61.35% | 63% | 64% | |
| Operating Margin | 21.88% | 21.90% | 23.50% | 23.52% | 21.57% | 22.60% | 24.61% | 14.89% | 19.24% | 24.31% | 24.97% | 24.52% | 79% | 61% | |
| EBITDA Margin | 33.35% | 35.92% | 37.77% | 36.06% | 35.73% | 38.51% | 43.04% | 26.28% | 32.89% | 43.26% | 43.04% | 41.69% | 71% | 64% | |
| NOPAT Margin | 15.23% | 16.12% | 16.34% | 23.52% | 18.44% | 21.14% | 19.44% | 12.50% | 16.23% | 21.42% | 21.17% | 20.59% | 63% | 62% | |
| Net Margin | 16.13% | 12.35% | 14.97% | 27.38% | 18.74% | 19.43% | −8.18% | 20.18% | 19.72% | 15.59% | 14.79% | 14.44% | 21% | 56% | |
| FCF Margin | 6.21% | 14.53% | −0.68% | −1.75% | 16.63% | 2.06% | 2.94% | −27.60% | −2.92% | 2.02% | −9.32% | 2.54% | 63% | 62% | |
| FCFF Margin | 10.42% | 19.52% | 3.69% | 4.61% | 22.50% | 8.26% | — | −23.96% | 1.24% | 9.32% | −2.09% | 9.50% | 68% | 70% | |
| FCFE Margin | 6.50% | 10.06% | 4.90% | 11.48% | 15.64% | 9.16% | 16.13% | 10.43% | −15.88% | 12.77% | 13.34% | 6.66% | 29% | 56% | |
| OCF Margin | 29.42% | 39.47% | 28.54% | 34.70% | 41.89% | 30.54% | 33.59% | −6.29% | 28.21% | 46.08% | 27.23% | 34.88% | 71% | 71% | |
| Gross Profitability | 14.16% | 13.90% | 13.87% | 13.09% | 12.82% | 13.10% | 13.79% | 12.11% | 13.66% | 13.78% | 13.92% | 13.92% | 88% | 51% | |
| Capex Intensity | 23.21% | 24.94% | 29.22% | 36.45% | 25.27% | 28.48% | 30.65% | 21.31% | 31.13% | 44.06% | 36.54% | 32.34% | 71% | 55% | |
| ▸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 9.7% vs reported ROE 9.8%. 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 | $2.45B | $2.20B | $2.26B | $2.26B | $2.27B | $2.23B | $2.12B | $3.65B | $3.38B | $2.67B | $2.99B | $3.26B |
| YoY % | -10.4% | +2.8% | +0.1% | +0.4% | -1.7% | -4.9% | +72.2% | -7.6% | -20.8% | +11.6% | +9.2% | |
| Cost of Revenue | $1.11B | $865.0M | $880.1M | $897.6M | $892.5M | $786.9M | $644.6M | $2.13B | $1.66B | $911.7M | $1.08B | $1.26B |
| YoY % | -21.8% | +1.7% | +2.0% | -0.6% | -11.8% | -18.1% | +230.1% | -21.9% | -45.2% | +18.1% | +17.0% | |
| SG&A Expense | — | — | — | — | — | — | — | $139.3M | $135.5M | $148.3M | — | — |
| YoY % | -2.7% | +9.4% | ||||||||||
| Total Operating Expenses | $809.7M | $850.7M | $848.3M | $831.6M | $888.2M | $940.4M | $955.5M | $981.9M | $1.06B | $1.11B | $1.16B | $1.20B |
| YoY % | +5.1% | -0.3% | -2.0% | +6.8% | +5.9% | +1.6% | +2.8% | +8.3% | +4.6% | +4.6% | +3.2% | |
| Operating Income | $536.8M | $481.2M | $530.8M | $531.9M | $489.6M | $504.3M | $522.2M | $544.2M | $649.5M | $650.2M | $745.3M | $799.4M |
| YoY % | -10.4% | +10.3% | +0.2% | -8.0% | +3.0% | +3.5% | +4.2% | +19.3% | +0.1% | +14.6% | +7.3% | |
| Interest Expense | $148.4M | $149.0M | $142.1M | $143.8M | $156.0M | $147.9M | $158.5M | $158.3M | $166.3M | $221.4M | $254.5M | $270.3M |
| YoY % | +0.4% | -4.6% | +1.2% | +8.5% | -5.2% | +7.2% | -0.1% | +5.1% | +33.1% | +15.0% | +6.2% | |
| Other Non-Operating Income | $7.6M | $21.0M | -$4.2M | $50.4M | $11.3M | -$6.9M | $3.2M | -$21.6M | $24.0M | $44.2M | $29.8M | $31.4M |
| YoY % | +176.3% | -77.6% | +84.2% | -32.6% | +5.4% | |||||||
| Equity Method Income | $172.6M | $15.5M | $101.8M | $131.2M | $152.8M | $113.9M | -$668.0M | $169.8M | $0 | $0 | — | — |
| YoY % | -91.0% | +556.8% | +28.9% | +16.5% | -25.5% | -100.0% | ||||||
| Gains on Sale of Real Estate | — | — | — | — | — | — | $0 | $353.0M | $0 | $0 | — | — |
| YoY % | -100.0% | |||||||||||
| Pretax Income | $568.6M | $368.7M | $486.3M | $569.7M | $497.7M | $463.4M | -$301.1M | $878.5M | $789.3M | $473.0M | $520.6M | $560.5M |
| YoY % | -35.2% | +31.9% | +17.1% | -12.6% | -6.9% | -10.2% | -40.1% | +10.1% | +7.7% | |||
| Income Tax | $172.8M | $97.4M | $148.1M | -$49.3M | $72.2M | $29.8M | -$127.4M | $141.2M | $123.6M | $56.2M | $79.1M | $89.8M |
| YoY % | -43.6% | +52.1% | -58.7% | -12.5% | -54.5% | +40.7% | +13.5% | |||||
| Net Income (incl. NCI) | $395.8M | $271.3M | $338.2M | $619.0M | $425.5M | $433.6M | -$173.7M | $737.3M | $665.7M | $416.8M | $441.5M | $470.7M |
| YoY % | -31.5% | +24.7% | +83.0% | -31.3% | +1.9% | -9.7% | -37.4% | +5.9% | +6.6% | |||
| Minority Interest (P&L) | $0 | $0 | — | — | — | — | — | — | — | — | — | — |
| Net Income | $395.8M | $271.3M | $338.2M | — | — | — | — | $737.3M | $665.7M | $416.8M | $441.5M | $470.7M |
| YoY % | -31.5% | +24.7% | -9.7% | -37.4% | +5.9% | +6.6% | ||||||
| EPS (Basic) | $1.99 | $1.36 | $1.69 | $3.10 | $2.13 | $2.17 | -$0.87 | $3.68 | $3.33 | $2.08 | $2.20 | $2.33 |
| YoY % | -31.7% | +24.3% | +83.4% | -31.3% | +1.9% | -9.5% | -37.5% | +5.8% | +5.9% | |||
| EPS (Diluted) | $1.98 | $1.36 | $1.69 | $3.10 | $2.12 | $2.16 | -$0.87 | $3.68 | $3.32 | $2.07 | $2.19 | $2.32 |
| YoY % | -31.3% | +24.3% | +83.4% | -31.6% | +1.9% | -9.8% | -37.7% | +5.8% | +5.9% | |||
| Weighted Avg Shares (Basic) | 199.2M | 199.6M | 199.7M | 199.7M | 199.7M | 200.1M | 200.1M | 200.1M | 200.2M | 200.3M | 200.8M | 201.9M |
| YoY % | +0.2% | +0.1% | 0.0% | 0.0% | +0.2% | 0.0% | 0.0% | +0.0% | +0.0% | +0.2% | +0.5% | |
| Weighted Avg Shares (Diluted) | 199.9M | 199.6M | 199.9M | 200.0M | 200.5M | 200.7M | 200.1M | 200.3M | 200.8M | 200.9M | 201.3M | 202.5M |
| YoY % | -0.2% | +0.2% | +0.1% | +0.2% | +0.1% | -0.3% | +0.1% | +0.2% | +0.0% | +0.2% | +0.6% | |
| Dividends Declared per Share | $1 | $1 | $1 | $1 | $1 | $2 | $2 | $2 | $2 | $2 | $2 | $2 |
| YoY % | +10.5% | +10.0% | +10.0% | +9.8% | +7.9% | +5.0% | +2.8% | +1.4% | +1.0% | +0.9% | +0.8% |
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 | $1.65 | +1.4% | reported |
| FY20212021-12-31 | $1.63 | +2.8% | reported |
| FY20202020-12-31 | $1.58 | +5.0% | reported |
| FY20192019-12-31 | $1.50 | +7.9% | reported |
| FY20182018-12-31 | $1.40 | +9.8% | reported |
| FY20172017-12-31 | $1.27 | +10.0% | reported |
| FY20162016-12-31 | $1.16 | +10.0% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-07-06 | $0.4250 | — | quarterly | licensed |
| 2026-04-06 | $0.4250 | — | quarterly | licensed |
| 2026-01-05 | $0.4250 | 2026-01-30 | quarterly | licensed |
| 2025-10-06 | $0.4250 | 2025-10-31 | quarterly | licensed |
| 2025-07-07 | $0.4200 | 2025-07-25 | quarterly | licensed |
| 2025-04-07 | $0.4200 | 2025-04-25 | quarterly | licensed |
| 2025-01-06 | $0.4200 | — | quarterly | licensed |
| 2024-10-07 | $0.4200 | — | quarterly | licensed |
