| Market Cap | $4.76B | |
| Enterprise Value | $10.17B | |
| Revenue | $4.09B | +4.1% |
| Gross Profit | $3.80B | −0.6% |
| EBITDA | $687.0M | −20.2% |
| Net Income | $237.0M | −44.0% |
| Diluted EPS | $3.44 | −40.9% |
| Free Cash Flow | $442.0M | +36.6% |
| DPS (FY2025) | $2.23derived |
| Trailing yield | 2.87% |
| Payout ratio | 64.8% |
| Growth streak | 4 yrs |
| 5y DPS growth | 6.8% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $2.23 | +10.9% | derived (paid ÷ diluted shares) |
| FY20242024-12-31 | $2.01 | +10.8% | derived (paid ÷ diluted shares) |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | — | — | — | — | 95.34% | 95.40% | 99.91% | 94.99% | 95.60% | 96.45% | 97.62% | 93.21% | 6% | 98% | |
| Operating Margin | 17.82% | 19.17% | 13.36% | 8.65% | 13.30% | 20.08% | −4.86% | 19.72% | 18.31% | 19.20% | 18.97% | 13.75% | 38% | 55% | |
| EBITDA Margin | 22.23% | 23.00% | 16.85% | 11.33% | 16.82% | 23.08% | 0.97% | 23.68% | 21.64% | 22.19% | 21.95% | 16.84% | 29% | 47% | |
| NOPAT Margin | — | — | — | 8.65% | 8.94% | 14.44% | −3.84% | 14.39% | 13.41% | 15.48% | 13.98% | 9.39% | 39% | 48% | |
| Net Margin | 10.02% | 12.55% | 12.40% | 16.82% | 17.09% | 12.54% | −11.81% | 9.83% | 10.01% | 10.56% | 10.64% | 5.72% | 13% | 43% | |
| FCF Margin | 14.18% | 16.44% | 17.17% | 17.32% | 8.73% | 8.51% | 14.12% | 16.31% | 10.93% | 7.36% | 9.91% | 13.01% | 46% | 47% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 14.94% | 12.76% | 14.66% | 16.94% | 88% | 37% | |
| FCFE Margin | — | — | 16.59% | 23.94% | 0.66% | — | — | — | — | — | — | — | — | — | |
| OCF Margin | 18.63% | 20.32% | 19.55% | 19.42% | 11.24% | 11.18% | 17.31% | 18.12% | 12.39% | 9.33% | 12.01% | 15.92% | 46% | 42% | |
| Gross Profitability | — | — | — | — | 52.36% | 51.75% | 28.35% | 45.19% | 50.47% | 53.68% | 56.01% | 55.44% | 81% | 85% | |
| Capex Intensity | 4.45% | 3.87% | 2.38% | 2.11% | 2.52% | 2.67% | 3.19% | 1.82% | 1.46% | 1.97% | 2.10% | 2.91% | 71% | 58% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 8 ratios | |||||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 3 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 114.5% vs reported ROE 115.2%. 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↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.28B | $4.88B | $4.93B | $5.08B | $3.93B | $4.04B | $2.16B | $3.13B | $3.57B | $3.75B | $3.86B | $4.02B |
| YoY % | -7.6% | +1.0% | +3.0% | -22.6% | +2.8% | -46.6% | +45.1% | +13.8% | +5.1% | +3.0% | +4.1% | |
| Cost of Revenue | — | — | — | — | $183.0M | $186.0M | $2.0M | $157.0M | $157.0M | $133.0M | $92.0M | $273.0M |
| YoY % | +1.6% | -98.9% | +7750.0% | 0.0% | -15.3% | -30.8% | +196.7% | |||||
| SG&A Expense | $755.0M | $685.0M | $568.0M | $580.0M | $513.0M | $491.0M | $398.0M | $434.0M | $479.0M | $454.0M | $475.0M | $498.0M |
| YoY % | -9.3% | -17.1% | +2.1% | -11.6% | -4.3% | -18.9% | +9.0% | +10.4% | -5.2% | +4.6% | +4.8% | |
| Total Operating Expenses | $4.34B | $3.94B | $3.03B | $3.37B | $3.41B | $3.30B | $2.27B | $2.52B | $2.91B | $3.03B | $3.13B | $3.47B |
| YoY % | -9.1% | -23.1% | +11.0% | +1.2% | -3.2% | -31.3% | +11.1% | +15.8% | +3.9% | +3.4% | +10.8% | |
| Operating Income | $941.0M | $935.0M | $658.0M | $439.0M | $523.0M | $812.0M | -$105.0M | $618.0M | $653.0M | $720.0M | $733.0M | $553.0M |
| YoY % | -0.6% | -29.6% | -33.3% | +19.1% | +55.3% | +5.7% | +10.3% | +1.8% | -24.6% | |||
| Interest Expense | — | — | — | — | — | — | — | — | $195.0M | $251.0M | $249.0M | $232.0M |
| YoY % | +28.7% | -0.8% | -6.8% | |||||||||
| Interest & Investment Income | — | — | — | $6.0M | $5.0M | $7.0M | $7.0M | $3.0M | $6.0M | $13.0M | — | — |
| YoY % | -16.7% | +40.0% | 0.0% | -57.1% | +100.0% | +116.7% | ||||||
| Other Non-Operating Income | — | — | — | — | — | — | — | — | $22.0M | $3.0M | $15.0M | $7.0M |
| YoY % | -86.4% | +400.0% | -53.3% | |||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $52.0M | -$5.0M | $10.0M | $0 | $3.0M | $10.0M |
| YoY % | -100.0% | +233.3% | ||||||||||
| Pretax Income | — | — | — | $318.0M | $396.0M | $680.0M | -$276.0M | $429.0M | $486.0M | $485.0M | $513.0M | $337.0M |
| YoY % | +24.5% | +71.7% | +13.3% | -0.2% | +5.8% | -34.3% | ||||||
| Income Tax | $316.0M | $285.0M | $190.0M | -$328.0M | $130.0M | $191.0M | -$23.0M | $116.0M | $130.0M | $94.0M | $135.0M | $107.0M |
| YoY % | -9.8% | -33.3% | +46.9% | +12.1% | -27.7% | +43.6% | -20.7% | |||||
| Income from Continuing Operations | — | — | — | $645.0M | $266.0M | $489.0M | -$253.0M | $313.0M | $356.0M | $391.0M | $378.0M | $230.0M |
| YoY % | -58.8% | +83.8% | +13.7% | +9.8% | -3.3% | -39.2% | ||||||
| Income from Discontinued Operations | — | $60.0M | $260.0M | $209.0M | $406.0M | $18.0M | -$2.0M | — | — | — | — | — |
| YoY % | +333.3% | -19.6% | +94.3% | -95.6% | ||||||||
| Net Income (incl. NCI) | $529.0M | $612.0M | $612.0M | $855.0M | $672.0M | $507.0M | -$255.0M | $308.0M | $357.0M | $396.0M | $411.0M | $230.0M |
| YoY % | +15.7% | 0.0% | +39.7% | -21.4% | -24.6% | +15.9% | +10.9% | +3.8% | -44.0% | |||
| Minority Interest (P&L) | $0 | $0 | $1.0M | $1.0M | $0 | $0 | — | — | — | — | — | — |
| YoY % | 0.0% | -100.0% | ||||||||||
| Net Income | $529.0M | $612.0M | $611.0M | $854.0M | $672.0M | $507.0M | -$255.0M | $308.0M | $357.0M | $396.0M | $411.0M | $230.0M |
| YoY % | +15.7% | -0.2% | +39.8% | -21.3% | -24.6% | +15.9% | +10.9% | +3.8% | -44.0% | |||
| EPS (Basic) | $4.22 | $5.18 | $5.56 | $8.29 | $6.80 | $5.50 | -$2.97 | $3.56 | $4.28 | $5.31 | $5.87 | $3.51 |
| YoY % | +22.7% | +7.3% | +49.1% | -18.0% | -19.1% | +20.2% | +24.1% | +10.5% | -40.2% | |||
| EPS (Diluted) | $4.18 | $5.14 | $5.52 | $8.24 | $6.77 | $5.48 | -$2.97 | $3.52 | $4.24 | $5.28 | $5.82 | $3.44 |
| YoY % | +23.0% | +7.4% | +49.3% | -17.8% | -19.1% | +20.5% | +24.5% | +10.2% | -40.9% | |||
| Weighted Avg Shares (Basic) | 125.0M | 118.0M | 109.9M | 103.0M | 98.9M | 92.1M | 86.1M | 86.5M | 83.4M | 74.5M | 70.1M | 65.6M |
| YoY % | -5.6% | -6.9% | -6.3% | -4.0% | -6.9% | -6.5% | +0.5% | -3.6% | -10.7% | -5.9% | -6.4% | |
| Weighted Avg Shares (Diluted) | 127.0M | 119.0M | 110.6M | 103.7M | 99.2M | 92.4M | 86.1M | 87.3M | 84.2M | 75.0M | 70.7M | 66.9M |
| YoY % | -6.3% | -7.1% | -6.2% | -4.3% | -6.9% | -6.8% | +1.4% | -3.6% | -10.9% | -5.7% | -5.4% |
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 | $1.81 | +13.1% | derived (paid ÷ diluted shares) |
| FY20222022-12-31 | $1.60 | +28.4% | derived (paid ÷ diluted shares) |
| FY20212021-12-31 | $1.25 | −22.1% | derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $1.60 | −10.8% | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $1.80 | −8.1% | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | $1.96 | −16.2% | derived (paid ÷ diluted shares) |
| FY20172017-12-31 | $2.33 | +15.7% | derived (paid ÷ diluted shares) |
| FY20162016-12-31 | $2.02 | +18.8% | derived (paid ÷ diluted shares) |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-12 | $0.6000 | — | quarterly | licensed |
| 2026-03-20 | $0.6000 | — | quarterly | licensed |
| 2025-12-12 | $0.5600 | — | quarterly | licensed |
| 2025-09-12 | $0.5600 | — | quarterly | licensed |
| 2025-06-13 | $0.5600 | 2025-06-30 | quarterly | licensed |
| 2025-03-17 | $0.5600 | — | quarterly | licensed |
| 2024-12-13 | $0.5000 | — | quarterly | licensed |
| 2024-09-13 | $0.5000 | — | quarterly | licensed |
