| Market Cap | $109.10B | |
| Enterprise Value | $180.97B | |
| Revenue | $30.18B | +10.6% |
| Gross Profit | — | — |
| EBITDA | $13.49B | +8.0% |
| Net Income | $4.36B | −1.4% |
| Diluted EPS | $3.92 | −1.8% |
| Free Cash Flow | -$3.47B | −452.3% |
| DPS (FY2025) | $2.72derived |
| Trailing yield | 2.81% |
| Payout ratio | 69.5% |
| Growth streak | 1 yr |
| 5y DPS growth | 1.5% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $2.72 | +1.4% | derived (paid ÷ diluted shares) |
| FY20242024-12-31 | $2.68 | −3.0% | derived (paid ÷ diluted shares) |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | 19.72% | 24.48% | 22.55% | 10.13% | 17.84% | 36.12% | 23.98% | 16.00% | 18.34% | 23.07% | 26.45% | 24.65% | 79% | 63% | |
| EBITDA Margin | 32.14% | 38.18% | 37.24% | 25.14% | 32.94% | 51.67% | 43.14% | 33.19% | 32.22% | 42.81% | 46.15% | 45.05% | 79% | 70% | |
| NOPAT Margin | 13.32% | 16.43% | 16.39% | 8.78% | 14.92% | 26.19% | 21.28% | 14.34% | 14.89% | 20.44% | 21.55% | 20.57% | 71% | 61% | |
| Net Margin | 11.00% | 13.84% | 12.53% | 3.82% | 9.54% | 22.20% | 15.38% | 10.42% | 12.07% | 15.74% | 16.47% | 14.69% | 63% | 58% | |
| FCF Margin | 3.08% | 3.43% | −12.14% | −4.47% | −4.49% | −8.28% | −4.05% | −6.13% | −5.54% | −6.11% | 3.12% | −9.93% | 13% | 35% | |
| FCFF Margin | 6.13% | 6.65% | −7.33% | 1.91% | 2.06% | −2.40% | 3.88% | 0.99% | 0.07% | 2.47% | 11.48% | −0.79% | 21% | 36% | |
| OCF Margin | 31.49% | 35.87% | 24.60% | 27.76% | 29.56% | 26.99% | 32.86% | 26.69% | 21.52% | 29.91% | 36.63% | 33.17% | 79% | 64% | |
| Capex Intensity | 28.41% | 32.44% | 36.74% | 32.23% | 34.05% | 35.27% | 36.92% | 32.82% | 27.06% | 36.02% | 33.51% | 43.10% | 96% | 73% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 1 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 3 ratios | |||||||||||||||
The five drivers multiply to 12.5% vs reported ROE 12.5%. 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 | $18.47B | $17.49B | $19.90B | $23.03B | $23.50B | $21.42B | $20.38B | $23.11B | $29.28B | $25.25B | $26.72B | $29.55B |
| YoY % | -5.3% | +13.8% | +15.8% | +2.0% | -8.8% | -4.9% | +13.4% | +26.7% | -13.8% | +5.8% | +10.6% | |
| Total Operating Expenses | $14.82B | $13.21B | $15.41B | $20.70B | $19.30B | $13.68B | $15.49B | $19.41B | $23.91B | $19.43B | $19.66B | $22.27B |
| YoY % | -10.9% | +16.7% | +34.3% | -6.7% | -29.1% | +13.2% | +25.3% | +23.1% | -18.7% | +1.2% | +13.3% | |
| Operating Income | $3.64B | $4.28B | $4.49B | $2.33B | $4.19B | $7.74B | $4.88B | $3.70B | $5.37B | $5.83B | $7.07B | $7.29B |
| YoY % | +17.6% | +4.8% | -48.0% | +79.6% | +84.6% | -36.9% | -24.3% | +45.2% | +8.5% | +21.3% | +3.1% | |
| Interest Expense | $835.0M | $840.0M | $1.32B | $1.69B | $1.84B | $1.74B | $1.82B | $1.84B | $2.02B | $2.45B | $2.74B | $3.24B |
| YoY % | +0.6% | +56.8% | +28.6% | +8.7% | -5.8% | +4.9% | +0.9% | +10.1% | +21.0% | +12.1% | +18.0% | |
| Other Non-Operating Income | -$44.0M | -$39.0M | $50.0M | $163.0M | $114.0M | $252.0M | $336.0M | $449.0M | $500.0M | $553.0M | $530.0M | $500.0M |
| YoY % | +226.0% | -30.1% | +121.1% | +33.3% | +33.6% | +11.4% | +10.6% | -4.2% | -5.7% | |||
| Equity Method Income | $0 | $0 | $59.0M | $106.0M | $148.0M | $162.0M | $153.0M | $76.0M | $151.0M | $144.0M | $139.0M | $112.0M |
| YoY % | +79.7% | +39.6% | +9.5% | -5.6% | -50.3% | +98.7% | -4.6% | -3.5% | -19.4% | |||
| Impairment of Real Estate | — | — | — | — | — | — | $0 | $2.0M | $251.0M | $0 | — | — |
| YoY % | +12450.0% | -100.0% | ||||||||||
| Pretax Income | $3.01B | $3.63B | $3.48B | $1.07B | $2.75B | $6.54B | $3.50B | $2.58B | $4.22B | $4.34B | $5.23B | $5.00B |
| YoY % | +20.6% | -4.1% | -69.3% | +157.4% | +138.0% | -46.6% | -26.3% | +63.9% | +2.9% | +20.3% | -4.4% | |
| Income Tax | $977.0M | $1.19B | $951.0M | $142.0M | $449.0M | $1.80B | $393.0M | $267.0M | $795.0M | $496.0M | $969.0M | $828.0M |
| YoY % | +22.2% | -20.4% | -85.1% | +216.2% | +300.4% | -78.1% | -32.1% | +197.8% | -37.6% | +95.4% | -14.6% | |
| Net Income (incl. NCI) | $2.03B | $2.44B | $2.53B | $926.0M | $2.30B | $4.74B | $3.10B | $2.31B | $3.43B | $3.85B | $4.26B | $4.17B |
| YoY % | +19.9% | +3.9% | -63.4% | +148.4% | +106.3% | -34.6% | -25.6% | +48.5% | +12.3% | +10.7% | -2.1% | |
| Minority Interest (P&L) | $0 | $14.0M | $36.0M | $46.0M | $58.0M | -$10.0M | -$31.0M | -$99.0M | -$107.0M | -$127.0M | -$141.0M | -$170.0M |
| YoY % | +157.1% | +27.8% | +26.1% | |||||||||
| Net Income | — | — | — | — | — | — | — | — | — | $3.98B | $4.40B | $4.34B |
| YoY % | +10.7% | -1.4% | ||||||||||
| Net Income to Common | $1.96B | $2.37B | $2.45B | $842.0M | $2.23B | $4.74B | $3.12B | $2.39B | $3.52B | $3.98B | $4.40B | — |
| YoY % | +20.6% | +3.4% | -65.6% | +164.4% | +112.9% | -34.2% | -23.3% | +47.3% | +12.8% | +10.7% | ||
| EPS (Basic) | $2.19 | $2.60 | $2.57 | $0.84 | $2.18 | $4.53 | $2.95 | $2.26 | $3.28 | $3.64 | $4.02 | $3.94 |
| YoY % | +18.7% | -1.2% | -67.3% | +159.5% | +107.8% | -34.9% | -23.4% | +45.1% | +11.0% | +10.4% | -2.0% | |
| EPS (Diluted) | $2.18 | $2.59 | $2.55 | $0.84 | $2.17 | $4.50 | $2.93 | $2.24 | $3.26 | $3.62 | $3.99 | $3.92 |
| YoY % | +18.8% | -1.5% | -67.1% | +158.3% | +107.4% | -34.9% | -23.5% | +45.5% | +11.0% | +10.2% | -1.8% | |
| Weighted Avg Shares (Basic) | 897.0M | 910.0M | 951.0M | 1.00B | 1.02B | 1.05B | 1.06B | 1.06B | 1.07B | 1.09B | 1.10B | 1.10B |
| YoY % | +1.4% | +4.5% | +5.2% | +2.0% | +2.5% | +1.1% | +0.3% | +1.3% | +1.6% | +0.4% | +0.6% | |
| Weighted Avg Shares (Diluted) | 901.0M | 914.0M | 958.0M | 1.01B | 1.02B | 1.05B | 1.06B | 1.07B | 1.08B | 1.10B | 1.10B | 1.11B |
| YoY % | +1.4% | +4.8% | +5.2% | +1.7% | +2.8% | +1.0% | +0.3% | +1.2% | +1.6% | +0.4% | +0.6% |
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.
| FY20232023-12-31 | $2.76 | +2.8% | derived (paid ÷ diluted shares) |
| FY20222022-12-31 | $2.69 | +3.4% | derived (paid ÷ diluted shares) |
| FY20212021-12-31 | $2.60 | +3.1% | derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $2.52 | +3.4% | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $2.44 | +3.1% | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | $2.37 | +3.7% | derived (paid ÷ diluted shares) |
| FY20172017-12-31 | $2.28 | +3.9% | derived (paid ÷ diluted shares) |
| FY20162016-12-31 | $2.20 | +2.5% | derived (paid ÷ diluted shares) |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-07-14 | $0.2600 | 2026-07-15 | quarterly | licensed |
| 2026-06-30 | $0.3100 | 2026-07-01 | quarterly | licensed |
| 2026-06-12 | $0.4100 | — | quarterly | licensed |
| 2026-05-18 | $0.7600 | 2026-06-08 | quarterly | licensed |
| 2026-02-17 | $0.7400 | 2026-03-06 | quarterly | licensed |
| 2025-11-17 | $0.7400 | 2025-12-08 | quarterly | licensed |
| 2025-08-18 | $0.7400 | 2025-09-08 | quarterly | licensed |
| 2025-05-19 | $0.7400 | 2025-06-06 | quarterly | licensed |
