| Market Cap | $10.84B | |
| Enterprise Value | $15.43B | |
| Revenue | $17.76B | +9.7% |
| Gross Profit | — | — |
| EBITDA | $2.67B | +15.3% |
| Net Income | $1.52B | +30.4% |
| Diluted EPS | $23.10 | +37.3% |
| Free Cash Flow | $912.7M | −24.4% |
| DPS (FY2025) | $0.80derived |
| Trailing yield | 0.47% |
| Payout ratio | 3.4% |
| Growth streak | 1 yr |
| 5y DPS growth | 31.4% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $0.80 | +1.2% | derived (paid ÷ diluted shares) |
| FY20242024-12-31 | $0.79 | −0.7% | derived (paid ÷ diluted shares) |
| FY20232023-12-31 | $0.79 |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | 12.96% | 13.93% | 13.12% | 12.30% | 10.91% | 10.69% | 11.75% | 10.78% | 7.49% | 8.23% | 10.63% | 11.48% | 54% | 82% | |
| EBITDA Margin | 17.54% | 18.33% | 17.39% | 16.60% | 15.12% | 15.00% | 16.17% | 15.00% | 11.83% | 12.21% | 14.32% | 15.05% | 46% | 79% | |
| NOPAT Margin | 8.43% | 9.12% | 8.48% | 8.36% | 8.41% | 8.29% | 8.94% | 8.23% | 5.68% | 6.29% | 8.25% | 8.80% | 79% | 76% | |
| Net Margin | 6.65% | 7.53% | 7.19% | 7.23% | 7.24% | 7.16% | 8.17% | 7.84% | 5.04% | 5.03% | 7.22% | 8.57% | 96% | 80% | |
| FCF Margin | 7.86% | 7.62% | 8.33% | 6.63% | 5.66% | 7.07% | 14.09% | 0.22% | 1.96% | 3.67% | 7.10% | 4.89% | 29% | 69% | |
| FCFF Margin | 8.92% | 8.44% | 9.16% | 7.58% | 6.77% | 8.18% | 14.79% | 0.73% | 2.67% | 4.78% | 8.01% | 5.58% | 29% | 19% | |
| FCFE Margin | −2.86% | 6.86% | 3.63% | 5.25% | −2.05% | 6.57% | 5.76% | −23.81% | 1.29% | 3.08% | −9.58% | 4.64% | 63% | 59% | |
| OCF Margin | 12.62% | 11.81% | 13.66% | 11.98% | 11.83% | 12.64% | 20.42% | 6.99% | 7.43% | 8.88% | 13.06% | 10.74% | 29% | 74% | |
| Capex Intensity | 4.77% | 4.19% | 5.32% | 5.36% | 6.17% | 5.57% | 6.33% | 6.77% | 5.48% | 5.20% | 5.96% | 5.85% | 63% | 71% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||||||||
| ▸Leverage · 7 ratios | |||||||||||||||
| ▸Working capital · 3 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 3 ratios | |||||||||||||||
The five drivers multiply to 21.2% vs reported ROE 21.4%. 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 | $8.21B | $9.04B | $9.77B | $10.41B | $10.77B | $11.38B | $11.56B | $12.64B | $13.40B | $14.28B | $15.83B | $17.36B |
| YoY % | +10.2% | +8.0% | +6.6% | +3.5% | +5.6% | +1.6% | +9.4% | +6.0% | +6.6% | +10.8% | +9.7% | |
| Total Operating Expenses | $7.14B | $7.78B | $8.48B | $9.13B | $9.60B | $10.16B | $10.20B | $11.28B | $12.40B | $13.11B | $14.15B | $15.37B |
| YoY % | +9.0% | +9.0% | +7.6% | +5.1% | +5.9% | +0.4% | +10.6% | +9.9% | +5.7% | +7.9% | +8.7% | |
| Operating Income | $1.06B | $1.26B | $1.28B | $1.28B | $1.18B | $1.22B | $1.36B | $1.36B | $1.00B | $1.18B | $1.68B | $1.99B |
| YoY % | +18.4% | +1.7% | -0.1% | -8.2% | +3.5% | +11.7% | +0.3% | -26.4% | +17.1% | +43.1% | +18.6% | |
| Interest Expense | $133.6M | $113.5M | $125.1M | $145.2M | $155.0M | $162.7M | $106.3M | $83.7M | $126.9M | $206.7M | $186.1M | $156.1M |
| YoY % | -15.1% | +10.2% | +16.1% | +6.7% | +5.0% | -34.7% | -21.3% | +51.7% | +62.9% | -10.0% | -16.1% | |
| Other Non-Operating Income | — | — | $0 | $0 | $14.2M | $13.2M | $14,000 | $13.9M | -$10.4M | -$28.3M | $2.2M | $134.2M |
| YoY % | -7.4% | -99.9% | +99121.4% | +5915.0% | ||||||||
| Impairment of Real Estate | — | — | — | — | — | — | $0 | $14.4M | $57.5M | $0 | $0 | — |
| YoY % | +299.9% | -100.0% | ||||||||||
| Pretax Income | $929.7M | $1.15B | $1.16B | $1.14B | $1.03B | $1.07B | $1.25B | $1.29B | $866.3M | $940.4M | $1.50B | $1.97B |
| YoY % | +23.3% | +0.9% | -1.8% | -8.9% | +3.1% | +17.4% | +3.3% | -33.0% | +8.6% | +59.3% | +31.7% | |
| Income Tax | $324.7M | $395.2M | $409.2M | $363.7M | $236.6M | $238.8M | $299.3M | $305.7M | $209.3M | $221.1M | $334.8M | $461.0M |
| YoY % | +21.7% | +3.5% | -11.1% | -34.9% | +0.9% | +25.3% | +2.1% | -31.5% | +5.7% | +51.4% | +37.7% | |
| Income from Continuing Operations | $605.0M | $750.7M | — | — | — | — | — | — | — | — | — | — |
| YoY % | +24.1% | |||||||||||
| Net Income (incl. NCI) | $605.0M | $750.7M | $747.2M | $771.3M | $797.9M | $827.5M | $952.8M | $987.6M | $657.0M | $719.3M | $1.16B | $1.51B |
| YoY % | +24.1% | -0.5% | +3.2% | +3.4% | +3.7% | +15.1% | +3.7% | -33.5% | +9.5% | +61.7% | +29.9% | |
| Minority Interest (P&L) | $59.7M | $70.2M | $44.8M | $19.0M | $18.2M | $12.7M | $8.8M | -$4.0M | -$18.6M | $1.5M | $21.0M | $22.4M |
| YoY % | +17.6% | -36.2% | -57.5% | -4.4% | -30.2% | -30.4% | +1289.7% | +6.5% | ||||
| Net Income | $545.3M | $680.5M | $702.4M | $752.3M | $779.7M | $814.9M | $944.0M | $991.6M | $675.6M | $717.8M | $1.14B | $1.49B |
| YoY % | +24.8% | +3.2% | +7.1% | +3.6% | +4.5% | +15.8% | +5.0% | -31.9% | +6.2% | +59.1% | +30.4% | |
| Net Income to Common | — | — | — | — | — | — | — | $989.5M | $674.9M | $717.5M | $1.14B | $1.49B |
| YoY % | -31.8% | +6.3% | +59.2% | +30.4% | ||||||||
| EPS (Basic) | $5.52 | $6.89 | $7.22 | $7.86 | $8.35 | $9.16 | $11.06 | $11.99 | $9.23 | $10.35 | $17.16 | $23.42 |
| YoY % | +24.8% | +4.8% | +8.9% | +6.2% | +9.7% | +20.7% | +8.4% | -23.0% | +12.1% | +65.8% | +36.5% | |
| EPS (Diluted) | $5.42 | $6.76 | $7.14 | $7.81 | $8.31 | $9.13 | $10.99 | $11.82 | $9.14 | $10.23 | $16.82 | $23.10 |
| YoY % | +24.7% | +5.6% | +9.4% | +6.4% | +9.9% | +20.4% | +7.6% | -22.7% | +11.9% | +64.4% | +37.3% | |
| Weighted Avg Shares (Basic) | 98.8M | 98.8M | 97.2M | 95.7M | 93.3M | 88.8M | 85.1M | 82.5M | 73.1M | 69.3M | 66.6M | 63.6M |
| YoY % | -0.0% | -1.6% | -1.6% | -2.5% | -4.8% | -4.2% | -3.0% | -11.4% | -5.2% | -4.0% | -4.5% | |
| Weighted Avg Shares (Diluted) | 100.5M | 100.7M | 98.4M | 96.3M | 93.8M | 89.0M | 85.6M | 83.7M | 73.8M | 70.1M | 67.9M | 64.5M |
| YoY % | +0.1% | -2.3% | -2.1% | -2.7% | -5.0% | -3.9% | -2.2% | -11.8% | -5.0% | -3.2% | -5.1% |
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.
| −0.1% |
| derived (paid ÷ diluted shares) |
| FY20222022-12-31 | $0.79 | +0.5% | derived (paid ÷ diluted shares) |
| FY20212021-12-31 | $0.79 | +288.5% | derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $0.20 | −66.0% | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $0.60 | +49.4% | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | $0.40 | +0.4% | derived (paid ÷ diluted shares) |
| FY20172017-12-31 | $0.40 | — | derived (paid ÷ diluted shares) |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-08 | $0.2000 | — | quarterly | licensed |
| 2026-03-02 | $0.2000 | 2026-03-16 | quarterly | licensed |
| 2025-12-01 | $0.2000 | 2025-12-15 | quarterly | licensed |
| 2025-09-02 | $0.2000 | — | quarterly | licensed |
| 2025-06-02 | $0.2000 | — | quarterly | licensed |
| 2025-03-03 | $0.2000 | — | quarterly | licensed |
| 2024-12-03 | $0.2000 | — | quarterly | licensed |
| 2024-09-03 | $0.2000 | — | quarterly | licensed |
