| Market Cap | $88.75B | |
| Enterprise Value | $93.27B | |
| Revenue | $124.81B | −5.5% |
| Gross Profit | -$740.0M | +13.0% |
| EBITDA | $9.12B | −2.9% |
| Net Income | $4.21B | −15.2% |
| Diluted EPS | $7.57 | −11.8% |
| Free Cash Flow | $4.24B | — |
| DPS (FY2025) | $4.55derived |
| Trailing yield | 1.52% |
| Payout ratio | 59.8% |
| Growth streak | 11 yrs |
| 5y DPS growth | 3.0% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $4.55 | +5.8% | derived (paid ÷ diluted shares) |
| FY20242024-12-31 | $4.30 | +4.5% | 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 | — | — | 5.75% | 4.79% | 4.78% | 4.41% | −1.14% | 2.75% | 9.52% | 8.93% | 3.70% | 4.43% | 45% | 8% | |
| Operating Margin | — | — | 4.67% | 3.79% | 3.91% | 3.54% | −2.43% | 1.87% | 8.90% | 8.19% | 2.89% | 2.59% | 25% | 30% | |
| EBITDA Margin | — | — | 7.17% | 5.90% | 5.67% | 5.62% | 1.19% | 3.98% | 10.30% | 10.06% | 5.03% | 5.17% | 35% | 9% | |
| NOPAT Margin | — | — | 3.55% | 3.79% | 3.10% | 2.83% | −1.92% | 1.56% | 6.90% | 6.37% | 2.35% | 1.94% | 25% | 31% | |
| Net Margin | — | — | 3.03% | 4.33% | 2.67% | 2.24% | −2.19% | 0.82% | 6.54% | 6.10% | 2.13% | 1.91% | 25% | 39% | |
| FCF Margin | — | — | 3.73% | 3.76% | 0.85% | 2.48% | −2.29% | 2.98% | 5.58% | 5.05% | 3.56% | — | — | — | |
| FCFF Margin | — | — | 4.18% | 4.26% | 1.17% | 2.81% | — | 3.43% | 5.82% | 5.37% | 3.91% | — | — | — | |
| FCFE Margin | — | — | 6.58% | 4.16% | — | — | — | — | — | — | — | — | — | — | |
| OCF Margin | — | — | 6.37% | 5.83% | 3.73% | 5.11% | 1.46% | 5.14% | 7.13% | 6.38% | 5.15% | 4.75% | 25% | 15% | |
| Gross Profitability | — | — | 9.41% | 8.98% | 11.15% | 8.87% | −1.43% | 5.41% | 27.54% | 20.51% | 7.99% | 9.37% | 55% | 27% | |
| Capex Intensity | — | — | 2.64% | 2.07% | 2.88% | 2.63% | 3.75% | 2.16% | 1.55% | 1.32% | 1.58% | — | — | — | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 7 ratios | |||||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 3 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 9.7% vs reported ROE 9.7%. 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 | — | — | $75.66B | $93.98B | $117.03B | $108.32B | $64.91B | $113.98B | $176.38B | $144.77B | $129.88B | $122.69B |
| YoY % | +24.2% | +24.5% | -7.4% | -40.1% | +75.6% | +54.8% | -17.9% | -10.3% | -5.5% | |||
| Cost of Revenue | — | $80.69B | $71.31B | $89.47B | $111.44B | $103.55B | $65.65B | $110.85B | $159.59B | $131.83B | $125.08B | $117.25B |
| YoY % | -11.6% | +25.5% | +24.5% | -7.1% | -36.6% | +68.8% | +44.0% | -17.4% | -5.1% | -6.3% | ||
| SG&A Expense | $724.0M | $710.0M | $709.0M | $829.0M | $925.0M | $868.0M | $756.0M | $865.0M | $934.0M | $998.0M | $961.0M | $1.04B |
| YoY % | -1.9% | -0.1% | +16.9% | +11.6% | -6.2% | -12.9% | +14.4% | +8.0% | +6.9% | -3.7% | +8.4% | |
| Total Operating Expenses | $124.94B | $81.45B | $72.09B | — | — | — | — | — | — | — | — | — |
| YoY % | -34.8% | -11.5% | ||||||||||
| Operating Income | $5.90B | $6.36B | $3.53B | $3.56B | $4.57B | $3.84B | -$1.58B | $2.13B | $15.69B | $11.86B | $3.75B | $3.18B |
| YoY % | +7.7% | -44.4% | +0.8% | +28.3% | -16.1% | +636.6% | -24.4% | -68.3% | -15.3% | |||
| Interest Expense | $397.0M | $433.0M | $446.0M | $468.0M | $470.0M | $454.0M | $563.0M | $603.0M | $562.0M | $592.0M | $556.0M | $556.0M |
| YoY % | +9.1% | +3.0% | +4.9% | +0.4% | -3.4% | +24.0% | +7.1% | -6.8% | +5.3% | -6.1% | 0.0% | |
| Other Non-Operating Income | $47.0M | $46.0M | $94.0M | $112.0M | $130.0M | $104.0M | $132.0M | $16.0M | $179.0M | $502.0M | $499.0M | $380.0M |
| YoY % | -2.1% | +104.3% | +19.1% | +16.1% | -20.0% | +26.9% | -87.9% | +1018.8% | +180.4% | -0.6% | -23.8% | |
| Impairment of Real Estate | — | — | — | — | — | — | $0 | $0 | $61.0M | $0 | $0 | $1.13B |
| YoY % | -100.0% | |||||||||||
| Pretax Income | $5.55B | $5.97B | $3.18B | $3.21B | $4.23B | $3.49B | -$2.01B | $1.54B | $15.31B | $11.77B | $3.70B | $3.00B |
| YoY % | +7.5% | -46.7% | +0.8% | +32.0% | -17.6% | +892.0% | -23.1% | -68.6% | -18.7% | |||
| Income Tax | $1.78B | $1.87B | $765.0M | -$949.0M | $879.0M | $702.0M | -$903.0M | $255.0M | $3.43B | $2.62B | $692.0M | $759.0M |
| YoY % | +5.2% | -59.1% | -20.1% | +1244.3% | -23.6% | -73.6% | +9.7% | |||||
| Income from Continuing Operations | $3.69B | $3.99B | $2.29B | — | — | — | — | — | — | — | — | — |
| YoY % | +8.0% | -42.6% | ||||||||||
| Net Income (incl. NCI) | $3.71B | $4.10B | $2.42B | $4.16B | $3.35B | $2.78B | -$1.11B | $1.29B | $11.88B | $9.15B | $3.01B | $2.25B |
| YoY % | +10.5% | -41.1% | +71.9% | -19.3% | -17.0% | +822.3% | -23.0% | -67.1% | -25.3% | |||
| Minority Interest (P&L) | $81.0M | $111.0M | $128.0M | $91.0M | $231.0M | $362.0M | $314.0M | $358.0M | $351.0M | $314.0M | $236.0M | -$102.0M |
| YoY % | +37.0% | +15.3% | -28.9% | +153.8% | +56.7% | -13.3% | +14.0% | -2.0% | -10.5% | -24.8% | ||
| Net Income | $3.63B | $3.99B | $2.29B | $4.07B | $3.12B | $2.42B | -$1.42B | $930.0M | $11.53B | $8.84B | $2.77B | $2.35B |
| YoY % | +9.9% | -42.6% | +77.6% | -23.2% | -22.4% | +1139.6% | -23.4% | -68.6% | -15.2% | |||
| Net Income to Common | — | — | $2.28B | $4.05B | $3.11B | $2.42B | -$1.43B | $924.0M | $11.48B | $8.81B | $2.76B | $2.34B |
| YoY % | +77.5% | -23.2% | -22.4% | +1143.0% | -23.3% | -68.6% | -15.2% | |||||
| EPS (Basic) | $6.88 | $8.00 | $4.94 | $9.17 | $7.30 | $5.84 | -$3.50 | $2.27 | $29.05 | $24.93 | $8.58 | $7.57 |
| YoY % | +16.3% | -38.2% | +85.6% | -20.4% | -20.0% | +1179.7% | -14.2% | -65.6% | -11.8% | |||
| EPS (Diluted) | $6.85 | $7.99 | $4.94 | $9.16 | $7.29 | $5.84 | -$3.50 | $2.27 | $29.04 | $24.92 | $8.58 | $7.57 |
| YoY % | +16.6% | -38.2% | +85.4% | -20.4% | -19.9% | +1179.3% | -14.2% | -65.6% | -11.8% | |||
| Weighted Avg Shares (Basic) | 526.0M | 497.0M | 461.0M | 442.0M | 426.0M | 413.0M | 407.0M | 407.0M | 395.0M | 353.0M | 322.0M | 309.0M |
| YoY % | -5.5% | -7.2% | -4.1% | -3.6% | -3.1% | -1.5% | 0.0% | -2.9% | -10.6% | -8.8% | -4.0% | |
| Weighted Avg Shares (Diluted) | 530.0M | 500.0M | 464.0M | 444.0M | 428.0M | 414.0M | 407.0M | 407.0M | 396.0M | 353.0M | 322.0M | 309.0M |
| YoY % | -5.7% | -7.2% | -4.3% | -3.6% | -3.3% | -1.7% | 0.0% | -2.7% | -10.9% | -8.8% | -4.0% |
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 | $4.11 | +4.3% | derived (paid ÷ diluted shares) |
| FY20222022-12-31 | $3.94 | +0.2% | derived (paid ÷ diluted shares) |
| FY20212021-12-31 | $3.94 | +0.1% | derived (paid ÷ diluted shares) |
| FY20202020-12-31 | $3.93 | +9.1% | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | $3.60 | +12.7% | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | $3.20 | +14.3% | derived (paid ÷ diluted shares) |
| FY20172017-12-31 | $2.80 | +16.8% | derived (paid ÷ diluted shares) |
| FY20162016-12-31 | $2.39 | +41.2% | derived (paid ÷ diluted shares) |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-21 | $1.20 | — | quarterly | licensed |
| 2026-02-05 | $1.20 | — | quarterly | licensed |
| 2025-11-20 | $1.13 | 2025-12-18 | quarterly | licensed |
| 2025-07-31 | $1.13 | — | quarterly | licensed |
| 2025-05-20 | $1.13 | 2025-06-18 | quarterly | licensed |
| 2025-01-30 | $1.13 | — | quarterly | licensed |
| 2024-11-20 | $1.07 | — | quarterly | licensed |
| 2024-08-01 | $1.07 | — | quarterly | licensed |
