| Market Cap | $64.28B | |
| Enterprise Value | $92.42B | |
| Revenue | $37.21B | −5.1% |
| Gross Profit | — | — |
| EBITDA | $3.67B | — |
| Net Income | -$1.74B | — |
| Diluted EPS | $0.29 | — |
| Free Cash Flow | $2.31B | −30.2% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 66.10% | 63.36% | 62.57% | 61.36% | 62.71% | — | — | — | — | — | — | — | — | — | |
| Operating Margin | 32.90% | 31.04% | 31.68% | 10.37% | 18.33% | 27.00% | 23.57% | 16.50% | −21.79% | −3.75% | −25.51% | 1.98% | 29% | 44% | |
| EBITDA Margin | 38.15% | 36.21% | 36.63% | 15.18% | 31.57% | 39.09% | 36.30% | 29.48% | −0.52% | 15.58% | −7.62% | 17.22% | 38% | 58% | |
| NOPAT Margin | 21.41% | 20.87% | 23.09% | 8.20% | 12.21% | 26.05% | 18.48% | 13.79% | −17.22% | −2.96% | −20.16% | 0.90% | 29% | 42% | |
| Net Margin | 18.18% | 16.17% | 18.38% | −4.90% | 5.63% | 18.57% | 11.42% | 8.25% | −21.80% | −7.57% | −28.77% | 1.95% | 38% | 52% | |
| FCF Margin | — | — | 19.89% | 21.74% | 23.02% | 27.91% | 21.90% | 19.89% | 9.81% | 14.91% | 11.26% | 8.28% | 5% | 53% | |
| FCFF Margin | — | — | — | — | — | — | — | — | — | — | — | 10.83% | — | 50% | 34% |
| FCFE Margin | — | — | 27.55% | 130.69% | 23.02% | 41.18% | 40.45% | 19.89% | 9.81% | 18.53% | 15.37% | 57.36% | 85% | 91% | |
| OCF Margin | — | — | 21.24% | 23.70% | 24.41% | 30.50% | 25.67% | 22.95% | 12.73% | 18.09% | 13.67% | 11.58% | 5% | 47% | |
| Gross Profitability | 25.93% | 25.54% | 25.94% | 18.70% | 20.33% | — | — | — | — | — | — | — | — | — | |
| Capex Intensity | 1.92% | 1.61% | 1.35% | 1.96% | 1.39% | 2.59% | 3.77% | 3.06% | 2.92% | 3.18% | 2.41% | 3.30% | 88% | 57% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||||||||
| ▸Leverage · 8 ratios | |||||||||||||||
| ▸Working capital · 5 ratios | |||||||||||||||
| ▸Capital allocation · 2 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 2.0% vs reported ROE 2.1%. 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 | $6.26B | $6.39B | $6.50B | $6.87B | $10.55B | $11.14B | $10.67B | $12.19B | $33.82B | $41.32B | $39.32B | $37.30B |
| YoY % | +2.1% | +1.6% | +5.8% | +53.5% | +5.6% | -4.2% | +14.2% | +177.4% | +22.2% | -4.8% | -5.1% | |
| Cost of Revenue | $2.12B | $2.34B | $2.43B | $2.66B | $3.94B | — | — | — | — | — | — | — |
| YoY % | +10.3% | +3.8% | +9.2% | +48.2% | ||||||||
| SG&A Expense | $1.69B | $1.67B | $1.69B | $1.77B | $2.62B | $2.79B | $2.72B | $4.02B | $9.68B | $9.70B | $9.30B | $9.42B |
| YoY % | -1.4% | +1.3% | +4.6% | +48.2% | +6.4% | -2.4% | +47.5% | +141.0% | +0.2% | -4.1% | +1.3% | |
| Total Operating Expenses | $4.20B | $4.41B | $4.44B | $6.16B | $8.62B | $8.13B | $8.16B | $10.18B | $41.19B | $42.87B | $49.35B | $36.56B |
| YoY % | +4.9% | +0.7% | +38.8% | +39.9% | -5.6% | +0.3% | +24.8% | +304.6% | +4.1% | +15.1% | -25.9% | |
| Operating Income | $2.06B | $1.99B | $2.06B | $713.0M | $1.93B | $3.01B | $2.52B | $2.01B | -$7.37B | -$1.55B | -$10.03B | $738.0M |
| YoY % | -3.7% | +3.7% | -65.4% | +171.2% | +55.6% | -16.4% | -20.0% | |||||
| Interest Expense | — | — | — | — | — | — | — | — | $1.78B | $2.22B | $2.02B | $2.08B |
| YoY % | +25.0% | -9.2% | +3.4% | |||||||||
| Other Non-Operating Income | -$9.0M | -$97.0M | $4.0M | -$110.0M | -$120.0M | -$8.0M | -$34.0M | $72.0M | $347.0M | -$29.0M | $150.0M | $65.0M |
| YoY % | +381.9% | -56.7% | ||||||||||
| Equity Method Income | $23.0M | $1.0M | -$38.0M | -$211.0M | -$63.0M | -$2.0M | -$105.0M | -$18.0M | -$160.0M | -$82.0M | -$121.0M | -$24.0M |
| YoY % | -95.7% | |||||||||||
| Gains on Sale of Real Estate | — | — | — | — | — | — | -$2.0M | $71.0M | — | — | — | — |
| Pretax Income | $1.75B | $1.56B | $1.67B | -$137.0M | $1.02B | $2.29B | $1.73B | $1.43B | -$8.96B | -$3.86B | -$11.39B | $1.64B |
| YoY % | -10.8% | +7.2% | +124.5% | -24.7% | -17.1% | |||||||
| Income Tax | $610.0M | $511.0M | $453.0M | $176.0M | $341.0M | $81.0M | $373.0M | $236.0M | -$1.66B | -$784.0M | $94.0M | $890.0M |
| YoY % | -16.2% | -11.4% | -61.1% | +93.8% | -76.2% | +360.5% | -36.7% | +846.8% | ||||
| Income from Discontinued Operations | $0 | — | — | — | — | — | — | — | — | — | — | — |
| Net Income (incl. NCI) | $1.14B | $1.05B | $1.22B | -$313.0M | $681.0M | $2.21B | $1.35B | $1.20B | -$7.30B | -$3.08B | -$11.48B | $749.0M |
| YoY % | -7.8% | +16.2% | +225.0% | -38.8% | -11.7% | |||||||
| Net Income | $1.14B | $1.03B | $1.19B | -$337.0M | $594.0M | $2.07B | $1.22B | $1.01B | -$7.37B | -$3.13B | -$11.31B | $727.0M |
| YoY % | -9.2% | +15.5% | +248.3% | -41.1% | -17.5% | |||||||
| Net Income to Common | $902.0M | $921.0M | $1.05B | -$296.0M | $529.0M | $1.84B | $1.09B | $912.0M | -$7.42B | -$3.13B | -$11.31B | $728.0M |
| YoY % | +2.1% | +14.5% | +248.8% | -40.9% | -16.4% | |||||||
| EPS (Basic) | — | — | — | — | — | — | $1.82 | $1.55 | -$3.82 | -$1.28 | -$4.62 | $0.29 |
| YoY % | -14.8% | |||||||||||
| EPS (Diluted) | — | — | — | — | — | — | $1.81 | $1.54 | -$3.82 | -$1.28 | -$4.62 | $0.29 |
| YoY % | -14.9% | |||||||||||
| Weighted Avg Shares (Basic) | — | — | — | — | — | — | 599.0M | 588.0M | 1.94B | 2.44B | 2.45B | 2.48B |
| YoY % | -1.8% | +229.9% | +25.6% | +0.6% | +1.0% | |||||||
| Weighted Avg Shares (Diluted) | — | — | — | — | — | — | 672.0M | 664.0M | 1.94B | 2.44B | 2.45B | 2.53B |
| YoY % | -1.2% | +192.2% | +25.6% | +0.6% | +3.3% |
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.
