| Market Cap | $345.54B | |
| Enterprise Value | $321.45B | |
| Revenue | $67.36B | +17.3% |
| Gross Profit | $24.31B | — |
| EBITDA | $29.90B | +25.4% |
| Net Income | $17.09B | +37.3% |
| Diluted EPS | $5.83 | +34.3% |
| Free Cash Flow | -$23.69B | — |
| DPS (FY2026) | $1.99derived |
| Trailing yield | 1.66% |
| Payout ratio | 33.9% |
| Growth streak | 12 yrs |
| 5y DPS growth | 14.4% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20262026-05-31 | $1.99 | +20.0% | derived (paid ÷ diluted shares) |
| FY20252025-05-31 | $1.65 | +6.4% | derived (paid ÷ diluted shares) |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend · 13y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||||||
| Operating Margin | 38.56% | 36.29% | 34.02% | 34.17% | 33.68% | 34.26% | 35.57% | 37.58% | 25.74% | 26.21% | 28.99% | 30.80% | 30.59% | 27% | 95% | |
| EBITDA Margin | 46.16% | 43.77% | 40.79% | 40.65% | 40.75% | 41.65% | 43.17% | 44.79% | 33.10% | 38.44% | 40.58% | 41.55% | 44.39% | 81% | 97% | |
| NOPAT Margin | 30.83% | 28.10% | 26.47% | 27.56% | 10.59% | — | — | — | — | — | — | — | — | — | — | |
| Net Margin | 28.62% | 26.00% | 24.03% | 25.01% | 9.11% | 28.05% | 25.94% | 33.96% | 15.83% | 17.02% | 19.76% | 21.68% | 25.37% | 58% | 91% | |
| FCF Margin | — | — | 33.73% | 32.03% | 34.66% | 32.63% | 29.63% | 33.97% | 11.85% | 16.96% | 22.29% | −0.69% | −35.16% | 5% | 17% | |
| FCFF Margin | — | — | 36.81% | 35.87% | 36.28% | — | — | — | — | — | — | — | — | — | — | |
| OCF Margin | — | — | 36.94% | 37.38% | 39.07% | 36.83% | 33.63% | 39.25% | 22.48% | 34.36% | 35.26% | 36.27% | 47.47% | 95% | 98% | |
| Gross Profitability | — | 21.38% | 19.98% | 17.05% | 17.62% | — | — | — | — | — | — | — | — | — | — | |
| Capex Intensity | 1.52% | 3.64% | 3.21% | 5.35% | 4.41% | 4.20% | 4.00% | 5.27% | 10.63% | 17.41% | 12.96% | 36.96% | 82.64% | 96% | 96% | |
| ▸Returns on Capital · 6 ratios | ||||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||||||||
| ▸Earnings quality · 7 ratios | ||||||||||||||||
| ▸Liquidity & coverage · 9 ratios | ||||||||||||||||
| ▸Leverage · 7 ratios | ||||||||||||||||
| ▸Working capital · 3 ratios | ||||||||||||||||
| ▸Capital allocation · 5 ratios | ||||||||||||||||
| ▸Per share · 6 ratios | ||||||||||||||||
| ▸Other · 1 ratios | ||||||||||||||||
The five drivers multiply to 7.8% vs reported ROE 7.2%. 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↗ | 2026↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $38.27B | $38.23B | $37.05B | $37.79B | $39.38B | $39.51B | $39.07B | $40.48B | $42.44B | $49.95B | $52.96B | $57.40B | $67.36B |
| YoY % | -0.1% | -3.1% | +2.0% | +4.2% | +0.3% | -1.1% | +3.6% | +4.8% | +17.7% | +6.0% | +8.4% | +17.3% | |
| Gross Profit | — | $23.71B | $22.41B | $23.02B | $24.29B | — | — | — | — | — | — | — | — |
| YoY % | -5.5% | +2.7% | +5.5% | ||||||||||
| R&D Expense | $5.15B | $5.52B | $5.79B | $6.15B | $6.08B | $6.03B | $6.07B | $6.53B | $7.22B | $8.62B | $8.91B | $9.86B | $10.27B |
| YoY % | +7.2% | +4.8% | +6.3% | -1.1% | -1.0% | +0.7% | +7.6% | +10.6% | +19.4% | +3.4% | +10.6% | +4.2% | |
| Selling & Marketing Expense | $7.57B | $7.66B | $7.88B | $8.09B | $8.43B | $8.51B | $8.09B | $7.68B | $8.05B | $8.83B | $8.27B | $8.65B | $8.33B |
| YoY % | +1.2% | +3.0% | +2.5% | +4.3% | +0.9% | -4.9% | -5.1% | +4.8% | +9.8% | -6.3% | +4.6% | -3.7% | |
| SG&A Expense | $1.04B | $1.08B | $1.16B | $1.17B | $1.28B | $1.26B | $1.18B | $1.25B | $1.32B | $1.58B | $1.55B | $1.60B | $1.62B |
| YoY % | +3.8% | +7.2% | +1.5% | +9.4% | -1.3% | -6.6% | +6.2% | +5.0% | +19.9% | -2.0% | +3.5% | +1.0% | |
| Total Operating Expenses | $23.52B | $24.36B | $24.44B | $24.88B | $26.12B | $25.97B | $25.17B | $25.27B | $31.51B | $36.86B | $37.61B | $39.72B | $46.75B |
| YoY % | +3.6% | +0.4% | +1.8% | +5.0% | -0.6% | -3.1% | +0.4% | +24.7% | +17.0% | +2.0% | +5.6% | +17.7% | |
| Operating Income | $14.76B | $13.87B | $12.60B | $12.91B | $13.26B | $13.54B | $13.90B | $15.21B | $10.93B | $13.09B | $15.35B | $17.68B | $20.61B |
| YoY % | -6.0% | -9.1% | +2.5% | +2.7% | +2.0% | +2.7% | +9.5% | -28.2% | +19.8% | +17.3% | +15.1% | +16.6% | |
| Interest Expense | $914.0M | $1.14B | $1.47B | $1.80B | $2.02B | $2.08B | $2.00B | $2.50B | $2.75B | $3.50B | $3.51B | $3.58B | $4.60B |
| YoY % | +25.1% | +28.3% | +22.6% | +12.6% | +2.8% | -4.2% | +25.1% | +10.4% | +27.2% | +0.3% | +1.8% | +28.5% | |
| Interest & Investment Income | $263.0M | $349.0M | $538.0M | $804.0M | $1.20B | $1.09B | $527.0M | $101.0M | $94.0M | $285.0M | $451.0M | $578.0M | $780.0M |
| YoY % | +32.7% | +54.2% | +49.4% | +49.6% | -9.2% | -51.7% | -80.8% | -6.9% | +203.2% | +58.2% | +28.2% | +34.9% | |
| Other Non-Operating Income | $69.0M | $27.0M | -$7.0M | $31.0M | $191.0M | -$14.0M | -$16.0M | $211.0M | -$86.0M | -$6.0M | $168.0M | $91.0M | $309.0M |
| YoY % | -60.9% | +516.1% | -45.8% | +239.6% | |||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $0 | — | — | — | — | — | — |
| Pretax Income | $13.70B | $12.83B | $11.44B | $11.52B | $12.89B | — | — | — | — | — | — | — | — |
| YoY % | -6.3% | -10.8% | +0.7% | +11.9% | |||||||||
| Income Tax | $2.75B | $2.90B | $2.54B | $2.23B | $8.84B | $1.19B | $1.93B | -$747.0M | $932.0M | $623.0M | $1.27B | $1.72B | $2.47B |
| YoY % | +5.3% | -12.3% | -12.3% | +296.6% | -86.6% | +62.7% | -33.2% | +104.5% | +34.8% | +43.7% | |||
| Net Income (incl. NCI) | $11.05B | $10.05B | $9.02B | $9.57B | $3.72B | $11.23B | $10.30B | $13.93B | $6.90B | $8.67B | $10.65B | $12.63B | $17.31B |
| YoY % | -9.1% | -10.3% | +6.1% | -61.1% | +201.9% | -8.3% | +35.2% | -50.4% | +25.6% | +22.9% | +18.5% | +37.1% | |
| Minority Interest (P&L) | — | — | — | $118.0M | $135.0M | $152.0M | — | — | — | — | — | — | — |
| YoY % | +14.4% | +12.6% | |||||||||||
| Net Income | $10.96B | $9.94B | $8.90B | $9.45B | $3.59B | $11.08B | $10.13B | $13.75B | $6.72B | $8.50B | $10.47B | $12.44B | $17.09B |
| YoY % | -9.3% | -10.4% | +6.2% | -62.1% | +209.0% | -8.6% | +35.6% | -51.1% | +26.6% | +23.1% | +18.9% | +37.3% | |
| Net Income to Common | — | — | — | — | — | — | — | — | — | — | $10.47B | $12.44B | $16.98B |
| YoY % | +18.9% | +36.5% | |||||||||||
| EPS (Basic) | $2.42 | $2.26 | $2.11 | $2.30 | $0.87 | $3.05 | $3.16 | $4.67 | $2.49 | $3.15 | $3.82 | $4.46 | $5.94 |
| YoY % | -6.6% | -6.6% | +9.0% | -62.2% | +250.6% | +3.6% | +47.8% | -46.7% | +26.5% | +21.3% | +16.8% | +33.2% | |
| EPS (Diluted) | $2.38 | $2.21 | $2.07 | $2.24 | $0.85 | $2.97 | $3.08 | $4.55 | $2.41 | $3.07 | $3.71 | $4.34 | $5.83 |
| YoY % | -7.1% | -6.3% | +8.2% | -62.1% | +249.4% | +3.7% | +47.7% | -47.0% | +27.4% | +20.8% | +17.0% | +34.3% | |
| Weighted Avg Shares (Basic) | 4.53B | 4.40B | 4.22B | 4.12B | 4.12B | 3.63B | 3.21B | 2.94B | 2.70B | 2.70B | 2.74B | 2.79B | 2.86B |
| YoY % | -2.7% | -4.2% | -2.5% | +0.1% | -11.8% | -11.6% | -8.3% | -8.3% | -0.1% | +1.8% | +1.6% | +2.5% | |
| Weighted Avg Shares (Diluted) | 4.60B | 4.50B | 4.30B | 4.22B | 4.24B | 3.73B | 3.29B | 3.02B | 2.79B | 2.77B | 2.82B | 2.87B | 2.91B |
| YoY % | -2.2% | -4.4% | -2.0% | +0.5% | -11.9% | -11.7% | -8.3% | -7.8% | -0.7% | +2.1% | +1.5% | +1.7% |
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.
| FY20242024-05-31 | $1.56 | +17.3% | derived (paid ÷ diluted shares) |
| FY20232023-05-31 | $1.33 | +6.9% | derived (paid ÷ diluted shares) |
| FY20222022-05-31 | $1.24 | +22.4% | derived (paid ÷ diluted shares) |
| FY20212021-05-31 | $1.01 | +8.8% | derived (paid ÷ diluted shares) |
| FY20202020-05-31 | $0.93 | +18.6% | derived (paid ÷ diluted shares) |
| FY20192019-05-31 | $0.79 | +6.0% | derived (paid ÷ diluted shares) |
| FY20182018-05-31 | $0.74 | +18.8% | derived (paid ÷ diluted shares) |
| FY20172017-05-31 | $0.62 | +5.7% | derived (paid ÷ diluted shares) |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-07-10 | $0.5000 | — | quarterly | licensed |
| 2026-07-01 | $0.8100 | 2026-07-15 | quarterly | licensed |
| 2026-04-09 | $0.5000 | — | quarterly | licensed |
| 2026-01-09 | $0.5000 | 2026-01-23 | quarterly | licensed |
| 2025-10-09 | $0.5000 | 2025-10-23 | quarterly | licensed |
| 2025-07-10 | $0.5000 | 2025-07-24 | quarterly | licensed |
| 2025-04-10 | $0.5000 | 2025-04-23 | quarterly | licensed |
| 2025-01-10 | $0.4000 | — | quarterly | licensed |
