| Market Cap | $9.07B | |
| Enterprise Value | — | |
| Revenue | $8.25B | +1.7% |
| Gross Profit | — | — |
| EBITDA | — | — |
| Net Income | $680.0M | −1.9% |
| Diluted EPS | $6.29 | +1.9% |
| Free Cash Flow | — | — |
| DPS (FY2025) | $1.82 |
| Trailing yield | 1.82% |
| Payout ratio | 27.2% |
| Growth streak | 7 yrs |
| 5y DPS growth | 24.8% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $1.82 | +7.1% | reported |
| FY20242024-12-31 | $1.70 | +41.7% | reported |
| FY20232023-12-31 | $1.20 | +50.0% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | 1.95% | 1.79% | 1.30% | — | — | — | — | — | — | 12.47% | 10.81% | 12.68% | 92% | 56% | |
| EBITDA Margin | 2.77% | 2.85% | 2.42% | — | — | — | — | — | — | — | — | — | — | — | |
| NOPAT Margin | 1.95% | 1.64% | 1.30% | — | — | 10.03% | — | — | — | 12.47% | 10.04% | 11.10% | 79% | 42% | |
| Net Margin | 20.89% | 4.68% | −3.72% | −37.19% | 10.64% | −4.81% | −2.69% | 56.78% | 8.60% | 8.51% | 8.29% | 7.99% | 46% | 29% | |
| FCF Margin | 32.73% | 36.58% | 41.25% | — | — | — | — | — | — | — | — | — | — | — | |
| FCFF Margin | 34.45% | 38.64% | 44.53% | — | — | — | — | — | — | — | — | — | — | — | |
| OCF Margin | 33.03% | 37.26% | 42.01% | 19.66% | 26.09% | 17.52% | 17.81% | 0.53% | 22.80% | 22.29% | 16.71% | 15.73% | 13% | 34% | |
| Capex Intensity | 0.30% | 0.69% | 0.76% | — | — | — | — | — | — | — | — | — | — | — | |
| ▸Returns on Capital · 4 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 6 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Capital allocation · 4 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
The five drivers multiply to 13.8% vs reported ROE 14.6%. 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 | $10.99B | $8.72B | $8.79B | $8.05B | $7.16B | $7.48B | $7.65B | $4.17B | $5.93B | $7.35B | $8.05B | $8.19B |
| YoY % | -20.7% | +0.8% | -8.4% | -11.0% | +4.4% | +2.3% | -45.4% | +42.1% | +23.9% | +9.6% | +1.7% | |
| Total Operating Expenses | $3.46B | $2.68B | $2.65B | $2.56B | $2.60B | $2.75B | $2.65B | $2.59B | $2.54B | $3.10B | $3.08B | $3.45B |
| YoY % | -22.5% | -1.1% | -3.5% | +1.4% | +5.9% | -3.6% | -2.6% | -1.7% | +21.8% | -0.5% | +11.8% | |
| Operating Income | $213.9M | $156.0M | $114.5M | — | — | — | — | — | — | $916.0M | $870.0M | $1.04B |
| YoY % | -27.1% | -26.6% | -5.0% | +19.3% | ||||||||
| Interest Expense | $189.7M | $197.0M | $288.0M | $184.0M | $221.0M | $176.0M | — | — | — | — | — | — |
| YoY % | +3.8% | +46.2% | -36.1% | +20.1% | -20.4% | |||||||
| Other Non-Operating Income | $432.8M | $385.0M | $342.0M | $379.0M | $443.0M | $465.0M | $409.0M | $579.0M | $148.0M | — | — | — |
| YoY % | -11.0% | -11.2% | +10.8% | +16.9% | +5.0% | -12.0% | +41.6% | -74.4% | ||||
| Impairment of Real Estate | — | — | — | — | — | — | — | — | $32.0M | — | — | — |
| Pretax Income | $1.23B | $977.5M | $777.3M | — | — | $574.0M | $352.0M | $3.08B | $428.0M | $678.0M | $799.0M | $837.0M |
| YoY % | -20.6% | -20.5% | -38.7% | +776.4% | -86.1% | +58.4% | +17.8% | +4.8% | ||||
| Income Tax | -$1.73B | $84.0M | -$29.0M | $687.0M | $39.0M | -$217.0M | -$18.0M | -$34.0M | -$5.0M | -$51.0M | $57.0M | $104.0M |
| YoY % | -94.3% | +82.5% | ||||||||||
| Income from Continuing Operations | — | $262.0M | $10.0M | -$519.0M | $337.0M | $713.0M | $177.0M | $2.32B | $474.0M | $589.0M | — | — |
| YoY % | -96.2% | +111.6% | -75.2% | +1211.9% | -79.6% | +24.3% | ||||||
| Income from Discontinued Operations | — | $146.0M | -$337.0M | -$2.47B | $425.0M | -$1.10B | -$419.0M | $12.0M | $0 | $0 | — | — |
| YoY % | -100.0% | |||||||||||
| Net Income (incl. NCI) | $2.53B | $538.0M | -$298.0M | -$2.77B | $907.0M | -$310.0M | -$49.0M | $3.13B | $433.0M | $729.0M | $742.0M | $733.0M |
| YoY % | -78.8% | -86.2% | +68.4% | +1.8% | -1.2% | |||||||
| Minority Interest (P&L) | $237.7M | $130.0M | $29.0M | $217.0M | $145.0M | $50.0M | $157.0M | $761.0M | -$77.0M | $104.0M | $75.0M | $79.0M |
| YoY % | -45.3% | -77.7% | +648.3% | -33.2% | -65.5% | +214.0% | +384.7% | -27.9% | +5.3% | |||
| Net Income | $2.29B | $408.0M | -$327.0M | -$2.99B | $762.0M | -$360.0M | -$206.0M | $2.37B | $510.0M | $625.0M | $667.0M | $654.0M |
| YoY % | -82.2% | -78.5% | +22.5% | +6.7% | -1.9% | |||||||
| Net Income to Common | — | — | — | -$2.99B | $762.0M | -$388.0M | -$242.0M | $2.33B | $474.0M | $589.0M | $626.0M | $613.0M |
| YoY % | -79.7% | +24.3% | +6.3% | -2.1% | ||||||||
| EPS (Basic) | — | $1.81 | -$1.63 | -$16.25 | $4.67 | -$2.75 | -$1.90 | $20.02 | $4.70 | $5.74 | $6.31 | $6.40 |
| YoY % | -76.5% | +22.1% | +9.9% | +1.4% | ||||||||
| EPS (Diluted) | — | $1.80 | -$1.61 | -$16.25 | $4.53 | -$2.64 | -$1.84 | $18.56 | $4.30 | $5.42 | $6.17 | $6.29 |
| YoY % | -76.8% | +26.0% | +13.8% | +1.9% | ||||||||
| Weighted Avg Shares (Basic) | 253.1M | 225.4M | 200.8M | 184.1M | 163.2M | 141.0M | 127.4M | 116.7M | 100.7M | 102.7M | 99.2M | 95.8M |
| YoY % | -10.9% | -10.9% | -8.3% | -11.4% | -13.6% | -9.6% | -8.4% | -13.7% | +2.0% | -3.4% | -3.4% | |
| Weighted Avg Shares (Diluted) | 255.1M | 227.4M | 202.7M | 184.1M | 168.2M | 147.0M | 131.9M | 125.8M | 110.2M | 108.8M | 101.4M | 97.4M |
| YoY % | -10.9% | -10.9% | -9.2% | -8.6% | -12.6% | -10.3% | -4.6% | -12.4% | -1.3% | -6.8% | -3.9% | |
| Dividends Declared per Share | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $1 | $1 | $1 | $2 | $2 |
| YoY % | 0.0% | 0.0% | 0.0% | 0.0% | +700.0% | +87.5% | +15.8% | +15.1% | +50.0% | +41.7% | +7.1% |
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 | $0.80 | +15.1% | reported |
| FY20212021-12-31 | $0.69 | +15.8% | reported |
| FY20202020-12-31 | $0.60 | +87.5% | reported |
| FY20192019-12-31 | $0.32 | +700.0% | reported |
| FY20182018-12-31 | $0.04 | +0.0% | reported |
| FY20172017-12-31 | $0.04 | +0.0% | reported |
| FY20162016-12-31 | $0.04 | +0.0% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-26 | $0.4700 | 2026-06-26 | quarterly | licensed |
| 2026-02-25 | $0.4700 | 2026-03-27 | quarterly | licensed |
| 2025-11-26 | $0.4700 | 2025-12-29 | quarterly | licensed |
| 2025-08-26 | $0.4500 | 2025-09-26 | quarterly | licensed |
| 2025-05-27 | $0.4500 | 2025-06-26 | quarterly | licensed |
| 2025-02-25 | $0.4500 | — | quarterly | licensed |
| 2024-11-26 | $0.4500 | — | quarterly | licensed |
| 2024-08-27 | $0.4500 | — | quarterly | licensed |
