| Market Cap | $2.92B | |
| Enterprise Value | — | |
| Revenue | $2.06B | −30.0% |
| Gross Profit | $559.4M | −14.3% |
| EBITDA | $953.9M | +21.5% |
| Net Income | $255.2M | +82.9% |
| Diluted EPS | $3.12 | +86.0% |
| Free Cash Flow | $338.3M | −39.6% |
| DPS (FY2025) | $1.21 |
| Trailing yield | 3.30% |
| Payout ratio | 39.0% |
| Growth streak | 11 yrs |
| 5y DPS growth | 9.2% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $1.21 | +6.1% | reported |
| FY20242024-12-31 | $1.14 | +7.5% | reported |
| FY20232023-12-31 | $1.06 | +11.6% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 25.12% | 27.16% | 49.61% | 51.53% | 22.73% | 20.85% | 24.14% | 23.38% | 18.60% | 17.67% | 21.70% | 26.55% | 71% | 41% | |
| Operating Margin | 20.28% | 22.51% | 10.44% | 10.06% | 12.56% | 14.42% | −8.84% | 16.94% | 16.89% | 13.98% | 15.96% | 30.10% | 96% | 95% | |
| EBITDA Margin | 24.24% | 26.68% | 15.17% | 16.33% | 22.60% | 24.46% | 5.94% | 34.47% | 30.87% | 23.81% | 25.50% | 44.24% | 96% | 95% | |
| NOPAT Margin | 13.52% | 14.85% | 6.84% | 10.06% | 9.03% | 9.74% | −6.98% | 12.06% | 13.21% | 13.13% | 12.33% | 22.81% | 96% | 94% | |
| Net Margin | 10.99% | 12.46% | 7.49% | 19.18% | 6.35% | 5.00% | −8.42% | 12.01% | 3.04% | 3.55% | 4.49% | 11.73% | 71% | 82% | |
| FCF Margin | 9.72% | 11.63% | 22.68% | 20.19% | 13.62% | 11.10% | 31.77% | 38.80% | −2.57% | 8.52% | 16.89% | 14.56% | 54% | 84% | |
| FCFF Margin | 11.81% | 13.64% | 25.28% | 25.22% | 18.76% | 16.55% | — | — | — | — | — | — | — | — | |
| FCFE Margin | 18.49% | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OCF Margin | 13.28% | 14.70% | 23.76% | 20.79% | 15.11% | 14.30% | 37.25% | 40.36% | −0.65% | 9.91% | 18.63% | 16.68% | 54% | 76% | |
| Gross Profitability | 17.83% | 19.54% | 24.94% | 19.78% | 7.14% | 6.60% | 4.85% | 4.30% | 4.21% | 5.92% | 7.57% | 6.80% | 46% | 11% | |
| Capex Intensity | 3.55% | 3.07% | 1.08% | 0.60% | 1.49% | 3.20% | 5.48% | 1.56% | 1.92% | 1.38% | 1.75% | 2.11% | 63% | 46% | |
| ▸Returns on Capital · 2 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 6 ratios | |||||||||||||||
| ▸Liquidity & coverage · 3 ratios | |||||||||||||||
| ▸Leverage · 2 ratios | |||||||||||||||
| ▸Working capital · 2 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
The five drivers multiply to 22.9% vs reported ROE 23.7%. 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 | $6.17B | $6.39B | $4.59B | $3.66B | $2.51B | $2.75B | $1.75B | $1.52B | $1.98B | $2.98B | $3.08B | $2.16B |
| YoY % | +3.6% | -28.2% | -20.2% | -31.5% | +9.7% | -36.4% | -13.4% | +30.4% | +50.9% | +3.2% | -30.0% | |
| Cost of Revenue | $4.62B | $4.66B | $2.31B | $1.78B | $1.94B | $2.18B | $1.33B | $1.16B | $1.61B | $2.46B | $2.41B | $1.58B |
| YoY % | +0.8% | -50.3% | -23.2% | +9.2% | +12.4% | -39.1% | -12.5% | +38.6% | +52.6% | -1.8% | -34.3% | |
| SG&A Expense | $403.6M | $476.4M | $313.9M | $339.3M | $296.6M | $217.0M | $189.6M | $179.6M | $185.4M | $201.9M | $235.7M | $214.3M |
| YoY % | +18.0% | -34.1% | +8.1% | -12.6% | -26.8% | -12.6% | -5.3% | +3.2% | +8.9% | +16.7% | -9.1% | |
| Total Operating Expenses | $4.92B | $4.95B | $2.61B | $2.03B | $2.19B | $2.59B | — | — | — | — | — | — |
| YoY % | +0.7% | -47.3% | -22.3% | +8.1% | +18.0% | |||||||
| Operating Income | $1.25B | $1.44B | $478.9M | $368.3M | $315.1M | $396.8M | -$154.6M | $256.8M | $334.0M | $417.0M | $491.5M | $649.2M |
| YoY % | +15.0% | -66.7% | -23.1% | -14.4% | +25.9% | +30.1% | +24.9% | +17.9% | +32.1% | |||
| Interest Expense | $193.4M | $194.7M | $181.9M | $184.0M | $179.3M | $221.8M | $219.2M | — | — | — | — | — |
| YoY % | +0.7% | -6.6% | +1.2% | -2.6% | +23.7% | -1.2% | ||||||
| Interest & Investment Income | $1.9M | $2.2M | $5.3M | $10.4M | $11.9M | $7.3M | $3.2M | — | — | — | — | — |
| YoY % | +15.8% | +140.9% | +96.2% | +14.4% | -38.7% | -56.2% | ||||||
| Other Non-Operating Income | $4.6M | $5.6M | $7.7M | $700,000 | $3.9M | -$1.1M | — | — | — | -$2.5M | $3.8M | $400,000 |
| YoY % | +21.7% | +37.5% | -90.9% | +457.1% | -89.5% | |||||||
| Impairment of Real Estate | — | — | — | — | — | — | $358.3M | $0 | $0 | $0 | $0 | $0 |
| YoY % | -100.0% | |||||||||||
| Pretax Income | $1.06B | $1.25B | $310.0M | $195.4M | $151.6M | $181.2M | -$524.6M | $55.2M | $126.5M | $149.0M | $221.8M | $375.4M |
| YoY % | +17.7% | -75.2% | -37.0% | -22.4% | +19.5% | +129.2% | +17.8% | +48.9% | +69.3% | |||
| Income Tax | $354.8M | $426.0M | $106.8M | -$414.8M | $42.6M | $58.8M | -$274.1M | $15.9M | $27.6M | $9.0M | $50.4M | $90.9M |
| YoY % | +20.1% | -74.9% | +38.0% | +73.6% | -67.4% | +460.0% | +80.4% | |||||
| Income from Continuing Operations | $678.2M | $796.5M | $182.1M | $599.1M | $105.2M | — | — | — | — | — | — | — |
| YoY % | +17.4% | -77.1% | +229.0% | -82.4% | ||||||||
| Income from Discontinued Operations | $0 | $0 | $161.5M | $103.4M | $54.1M | $13.7M | $24.3M | $11.1M | -$20.3M | — | — | — |
| YoY % | -36.0% | -47.7% | -74.7% | +77.4% | -54.3% | |||||||
| Net Income (incl. NCI) | $709.3M | $826.0M | $364.7M | $713.6M | $163.1M | $136.1M | -$226.2M | $181.8M | $72.9M | $126.6M | $157.1M | $277.3M |
| YoY % | +16.5% | -55.8% | +95.7% | -77.1% | -16.6% | -59.9% | +73.7% | +24.1% | +76.5% | |||
| Minority Interest (P&L) | $31.1M | $29.5M | $21.1M | $11.1M | $3.8M | -$1.5M | -$78.9M | -$200,000 | $12.8M | $20.6M | $18.7M | $24.2M |
| YoY % | -5.1% | -28.5% | -47.4% | -65.8% | +60.9% | -9.2% | +29.4% | |||||
| Net Income | $678.2M | $796.5M | $343.6M | $702.5M | $159.3M | $137.6M | -$147.3M | $182.0M | $60.1M | $106.0M | $138.4M | $253.1M |
| YoY % | +17.4% | -56.9% | +104.5% | -77.3% | -13.6% | -67.0% | +76.4% | +30.6% | +82.9% | |||
| Net Income to Common | $656.1M | $772.4M | $176.3M | $687.4M | $156.5M | $135.8M | -$147.3M | $182.0M | $60.1M | $106.0M | $138.4M | $253.1M |
| YoY % | +17.7% | -77.2% | +289.9% | -77.2% | -13.2% | -67.0% | +76.4% | +30.6% | +82.9% | |||
| EPS (Basic) | $4.35 | $5.14 | $2.25 | $4.62 | $1.09 | $1.09 | -$1.27 | $1.79 | $0.73 | $1.31 | $1.69 | $3.13 |
| YoY % | +18.2% | -56.2% | +105.3% | -76.4% | 0.0% | -59.2% | +79.5% | +29.0% | +85.2% | |||
| EPS (Diluted) | $4.19 | $5.08 | $2.25 | $4.52 | $1.07 | $1.07 | -$1.27 | $1.75 | $0.71 | $1.27 | $1.64 | $3.05 |
| YoY % | +21.2% | -55.7% | +100.9% | -76.3% | 0.0% | -59.4% | +78.9% | +29.1% | +86.0% | |||
| Weighted Avg Shares (Basic) | 151.0M | 150.2M | 148.4M | 148.6M | 144.0M | 125.6M | 115.9M | 101.5M | 81.9M | 81.2M | 81.9M | 80.8M |
| YoY % | -0.5% | -1.2% | +0.1% | -3.1% | -12.8% | -7.7% | -12.4% | -19.3% | -0.9% | +0.9% | -1.3% | |
| Weighted Avg Shares (Diluted) | 156.7M | 152.2M | 148.6M | 152.0M | 146.4M | 127.3M | 115.9M | 103.8M | 84.2M | 83.4M | 84.2M | 82.9M |
| YoY % | -2.9% | -2.4% | +2.3% | -3.7% | -13.0% | -9.0% | -10.4% | -18.9% | -1.0% | +1.0% | -1.5% | |
| Dividends Declared per Share | $0 | $0 | $0 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 |
| YoY % | +14.7% | +2.3% | +13.6% | +4.0% | +34.6% | +11.4% | +10.3% | +10.5% | +11.6% | +7.5% | +6.1% |
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 | $0.95 | +10.5% | reported |
| FY20212021-12-31 | $0.86 | +10.3% | reported |
| FY20202020-12-31 | $0.78 | +11.4% | reported |
| FY20192019-12-31 | $0.70 | +34.6% | reported |
| FY20182018-12-31 | $0.52 | +4.0% | reported |
| FY20172017-12-31 | $0.50 | +13.6% | reported |
| FY20162016-12-31 | $0.44 | +2.3% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-07-15 | $0.3100 | — | quarterly | licensed |
| 2026-04-15 | $0.3100 | — | quarterly | licensed |
| 2026-01-15 | $0.3100 | 2026-01-30 | quarterly | licensed |
| 2025-10-15 | $0.3000 | 2025-10-31 | quarterly | licensed |
| 2025-07-15 | $0.3000 | 2025-07-31 | quarterly | licensed |
| 2025-04-15 | $0.3000 | 2025-04-30 | quarterly | licensed |
| 2025-01-15 | $0.3000 | — | quarterly | licensed |
| 2024-10-15 | $0.2800 | — | quarterly | licensed |
