| Market Cap | $84.20B | |
| Enterprise Value | $89.76B | |
| Revenue | $30.12B | +20.3% |
| Gross Profit | $4.55B | +21.8% |
| EBITDA | $2.68B | +20.7% |
| Net Income | $1.10B | +13.7% |
| Diluted EPS | $6.80 | +12.8% |
| Free Cash Flow | $1.68B | +9.7% |
| DPS (FY2025) | $0.41 |
| Trailing yield | 0.07% |
| Payout ratio | 5.9% |
| Growth streak | 6 yrs |
| 5y DPS growth | 14.3% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $0.41 | +10.8% | reported |
| FY20242024-12-31 | $0.37 | +12.1% | reported |
| FY20232023-12-31 | $0.33 | +13.8% | reported |
| FY20222022-12-31 |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | 13.25% | 13.12% | 13.25% | 13.21% | 14.83% | 15.05% | 14.81% | 14.07% | 14.83% | 15.01% | 85% | 16% | |
| Operating Margin | — | — | 4.19% | 4.00% | 4.84% | 4.58% | 5.46% | 5.11% | 5.11% | 5.40% | 5.69% | 5.66% | 85% | 47% | |
| EBITDA Margin | — | — | 6.83% | 6.28% | 7.04% | 6.89% | 8.15% | 8.35% | 8.88% | 8.34% | 8.82% | 8.85% | 85% | 43% | |
| NOPAT Margin | — | — | 2.73% | 3.60% | 3.13% | 3.26% | 4.32% | 4.04% | 3.71% | 4.18% | 4.35% | 4.24% | 75% | 44% | |
| Net Margin | — | — | 2.59% | 3.33% | 2.63% | 3.32% | 3.98% | 3.74% | 2.88% | 3.57% | 3.82% | 3.61% | 65% | 48% | |
| FCF Margin | — | — | — | 1.34% | 0.58% | 2.19% | 7.64% | 1.51% | 4.12% | 5.46% | 6.24% | 5.69% | 72% | 51% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 4.64% | 6.16% | 6.89% | 6.38% | 63% | 34% | |
| OCF Margin | — | — | — | 3.93% | 3.21% | 4.35% | 9.96% | 4.49% | 6.62% | 7.55% | 8.79% | 7.83% | 72% | 42% | |
| Gross Profitability | 18.69% | 17.72% | 18.94% | 19.16% | 20.92% | 19.21% | 19.78% | 15.19% | 18.78% | 18.09% | 18.79% | 17.15% | 13% | 34% | |
| Capex Intensity | — | — | 2.78% | 2.58% | 2.63% | 2.16% | 2.32% | 2.97% | 2.50% | 2.08% | 2.55% | 2.14% | 15% | 47% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 5 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 13.2% vs reported ROE 12.7%. 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 | — | — | $7.65B | $9.47B | $11.17B | $12.11B | $11.20B | $12.98B | $17.07B | $20.88B | $23.67B | $28.48B |
| YoY % | +23.7% | +18.0% | +8.4% | -7.5% | +15.9% | +31.5% | +22.3% | +13.4% | +20.3% | |||
| Cost of Revenue | — | — | $6.64B | $8.22B | $9.69B | $10.51B | $9.54B | $11.03B | $14.54B | $17.95B | $20.16B | $24.20B |
| YoY % | +23.9% | +17.8% | +8.5% | -9.2% | +15.6% | +31.9% | +23.4% | +12.4% | +20.1% | |||
| Gross Profit | $1.17B | $923.7M | $1.01B | $1.24B | $1.48B | $1.60B | $1.66B | $1.95B | $2.53B | $2.94B | $3.51B | $4.28B |
| YoY % | -21.0% | +9.8% | +22.5% | +19.2% | +8.1% | +3.8% | +17.6% | +29.5% | +16.1% | +19.5% | +21.8% | |
| SG&A Expense | $705.5M | $592.9M | $653.3M | $777.9M | $857.6M | $956.0M | $975.1M | $1.16B | $1.34B | $1.56B | $1.82B | $2.19B |
| YoY % | -16.0% | +10.2% | +19.1% | +10.2% | +11.5% | +2.0% | +18.6% | +15.6% | +16.3% | +17.3% | +20.0% | |
| Operating Income | $429.1M | $237.5M | $320.8M | $378.8M | $540.3M | $554.9M | $611.4M | $663.5M | $872.1M | $1.13B | $1.35B | $1.61B |
| YoY % | -44.6% | +35.1% | +18.1% | +42.6% | +2.7% | +10.2% | +8.5% | +31.4% | +29.3% | +19.4% | +19.7% | |
| Interest Expense | — | — | — | — | — | — | — | — | $124.4M | $186.9M | $202.7M | $261.4M |
| YoY % | +50.3% | +8.4% | +29.0% | |||||||||
| Interest & Investment Income | $3.7M | $1.5M | $2.4M | $832,000 | $1.6M | $927,000 | $2.4M | $3.2M | $2.6M | $10.8M | $32.4M | $15.7M |
| YoY % | -60.0% | +62.3% | -65.7% | +86.9% | -40.4% | +164.2% | +30.4% | -18.4% | +315.6% | +199.2% | -51.5% | |
| Other Non-Operating Income | -$1.1M | -$2.3M | -$663,000 | -$5.0M | -$47.2M | $83.4M | $2.5M | $25.1M | -$46.4M | $18.1M | $35.8M | $23.7M |
| YoY % | -97.0% | +888.0% | +98.4% | -33.8% | ||||||||
| Equity Method Income | -$332,000 | -$466,000 | -$979,000 | -$10.9M | -$52.9M | $76.8M | $1.3M | — | — | — | — | — |
| YoY % | -98.3% | |||||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $8.3M | $5.7M | $14.5M | $0 | $0 | — |
| YoY % | -30.7% | +151.7% | -100.0% | |||||||||
| Pretax Income | $426.6M | $228.7M | $307.7M | $353.8M | $457.7M | $572.3M | $571.3M | $622.9M | $703.9M | $970.0M | $1.21B | $1.39B |
| YoY % | -46.4% | +34.6% | +15.0% | +29.4% | +25.0% | -0.2% | +9.0% | +13.0% | +37.8% | +25.0% | +14.6% | |
| Income Tax | $139.0M | $97.5M | $107.2M | $35.5M | $161.7M | $165.5M | $119.4M | $130.9M | $192.2M | $219.3M | $284.7M | $347.6M |
| YoY % | -29.9% | +10.0% | -66.9% | +355.0% | +2.4% | -27.9% | +9.7% | +46.8% | +14.1% | +29.9% | +22.1% | |
| Income from Continuing Operations | $269.2M | $120.3M | $198.7M | $315.0M | $293.3M | — | — | — | — | — | — | — |
| YoY % | -55.3% | +65.2% | +58.5% | -6.9% | ||||||||
| Income from Discontinued Operations | $27.5M | $190.6M | -$342,000 | $0 | $0 | — | — | — | — | — | — | — |
| YoY % | +593.4% | |||||||||||
| Net Income (incl. NCI) | $315.1M | $321.8M | $200.1M | $318.2M | $296.0M | $406.8M | $452.0M | $492.0M | $511.6M | $750.7M | $927.3M | $1.04B |
| YoY % | +2.1% | -37.8% | +59.0% | -7.0% | +37.4% | +11.1% | +8.9% | +4.0% | +46.7% | +23.5% | +12.4% | |
| Minority Interest (P&L) | $18.4M | $10.9M | $1.7M | $3.2M | $2.7M | $4.8M | $6.4M | $6.0M | $20.5M | $6.0M | $22.5M | $13.5M |
| YoY % | -40.6% | -84.3% | +89.3% | -18.0% | +79.3% | +33.4% | -5.3% | +239.4% | -70.7% | +274.3% | -39.7% | |
| Net Income | — | — | — | $315.0M | $293.3M | $402.0M | $445.6M | $486.0M | $491.2M | $744.7M | $904.8M | $1.03B |
| YoY % | -6.9% | +37.1% | +10.8% | +9.1% | +1.1% | +51.6% | +21.5% | +13.7% | ||||
| Net Income to Common | $296.7M | $310.9M | $198.4M | $315.0M | $293.3M | $402.0M | $445.6M | $486.0M | $491.2M | $744.7M | $904.8M | $1.03B |
| YoY % | +4.8% | -36.2% | +58.8% | -6.9% | +37.1% | +10.8% | +9.1% | +1.1% | +51.6% | +21.5% | +13.7% | |
| EPS (Basic) | — | $1.59 | $1.26 | $2.02 | $1.92 | $2.76 | $3.15 | $3.45 | $3.42 | $5.13 | $6.16 | $6.91 |
| YoY % | -20.8% | +60.3% | -5.0% | +43.8% | +14.1% | +9.5% | -0.9% | +50.0% | +20.1% | +12.2% | ||
| EPS (Diluted) | — | $1.59 | $1.26 | $2.00 | $1.90 | $2.73 | $3.07 | $3.34 | $3.32 | $5.00 | $6.03 | $6.80 |
| YoY % | -20.8% | +58.7% | -5.0% | +43.7% | +12.5% | +8.8% | -0.6% | +50.6% | +20.6% | +12.8% | ||
| Weighted Avg Shares (Basic) | 219.7M | 195.1M | 157.3M | 156.1M | 153.0M | 145.7M | 141.4M | 140.8M | 143.5M | 145.2M | 146.9M | 148.8M |
| YoY % | -11.2% | -19.4% | -0.7% | -2.0% | -4.7% | -3.0% | -0.4% | +1.9% | +1.2% | +1.2% | +1.3% | |
| Weighted Avg Shares (Diluted) | 219.7M | 195.1M | 157.3M | 157.2M | 154.2M | 147.5M | 145.2M | 145.4M | 148.0M | 148.8M | 150.1M | 151.3M |
| YoY % | -11.2% | -19.4% | -0.1% | -1.9% | -4.3% | -1.6% | +0.1% | +1.8% | +0.6% | +0.8% | +0.8% | |
| Dividends Declared per Share | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY % | +325.0% | +23.5% | +19.0% | +16.0% | +13.8% | +12.1% | +10.8% |
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.
| $0.29 |
| +16.0% |
| reported |
| FY20212021-12-31 | $0.25 | +19.0% | reported |
| FY20202020-12-31 | $0.21 | +23.5% | reported |
| FY20192019-12-31 | $0.17 | — | reported |
| FY20182018-12-31 | — | — | reported |
| FY20172017-12-31 | $0.00 | — | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-07-01 | $0.1100 | — | quarterly | licensed |
| 2026-04-02 | $0.1100 | — | quarterly | licensed |
| 2026-01-02 | $0.1100 | 2026-01-12 | quarterly | licensed |
| 2025-10-01 | $0.1000 | 2025-10-10 | quarterly | licensed |
| 2025-07-01 | $0.1000 | 2025-07-11 | quarterly | licensed |
| 2025-04-03 | $0.1000 | — | quarterly | licensed |
| 2025-01-02 | $0.1000 | — | quarterly | licensed |
| 2024-10-01 | $0.0900 | — | quarterly | licensed |
