| Market Cap | $85.77B | |
| Enterprise Value | — | |
| Revenue | $11.93B | +13.8% |
| Gross Profit | — | — |
| EBITDA | $6.77B | +17.7% |
| Net Income | $2.79B | +17.7% |
| Diluted EPS | $2.14 | +17.6% |
| Free Cash Flow | $828.0M | −58.1% |
| DPS (FY2025) | $2.00 |
| Trailing yield | 2.85% |
| Payout ratio | 93.3% |
| Growth streak | 8 yrs |
| 5y DPS growth | 4.6% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $2.00 | +5.3% | reported |
| FY20242024-12-31 | $1.90 | +6.1% | reported |
| FY20232023-12-31 | $1.79 | +5.3% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Operating Margin | 20.54% | 3.07% | 9.19% | 11.54% | 8.84% | 23.42% | 28.53% | 24.76% | 27.52% | 39.53% | 31.79% | 35.11% | 88% | 85% | |
| EBITDA Margin | 35.94% | 26.68% | 32.70% | 33.16% | 28.70% | 44.32% | 50.82% | 42.09% | 45.85% | 58.51% | 52.92% | 54.75% | 88% | 85% | |
| NOPAT Margin | 13.39% | 2.43% | 7.26% | 11.54% | 5.16% | 16.05% | 20.39% | 18.65% | 22.92% | 30.51% | 24.98% | 26.81% | 88% | 80% | |
| Net Margin | 27.68% | −7.76% | −5.65% | 27.07% | −1.78% | 10.36% | 2.73% | 14.27% | 18.69% | 29.15% | 21.18% | 21.91% | 71% | 81% | |
| FCF Margin | −25.09% | −6.24% | 28.06% | 8.59% | 0.43% | 19.31% | 29.24% | 25.46% | 24.04% | 31.37% | 22.86% | 8.41% | 29% | 81% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 32.75% | 40.12% | 33.06% | 17.62% | 13% | 86% | |
| FCFE Margin | 46.84% | 38.00% | 20.55% | −23.68% | 8.74% | 17.58% | 29.99% | 37.33% | 13.82% | 50.82% | 29.03% | 26.09% | 46% | 82% | |
| OCF Margin | 27.69% | 36.79% | 55.41% | 38.46% | 37.91% | 45.03% | 45.29% | 37.12% | 44.59% | 54.44% | 47.36% | 49.36% | 79% | 90% | |
| Capex Intensity | 52.78% | 43.03% | 27.35% | 29.87% | 37.49% | 25.72% | 16.05% | 11.66% | 20.55% | 23.07% | 24.50% | 40.95% | 79% | 69% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 7 ratios | |||||||||||||||
| ▸Working capital · 3 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 3 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 21.2% vs reported ROE 20.7%. 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 | $7.64B | $7.36B | $7.50B | $8.03B | $8.69B | $8.20B | $7.72B | $10.63B | $10.96B | $10.91B | $10.50B | $11.95B |
| YoY % | -3.6% | +1.9% | +7.1% | +8.2% | -5.6% | -5.9% | +37.7% | +3.2% | -0.5% | -3.7% | +13.8% | |
| SG&A Expense | — | — | — | — | — | — | — | — | — | $665.0M | $708.0M | $721.0M |
| YoY % | +6.5% | +1.8% | ||||||||||
| Total Operating Expenses | $6.07B | $7.13B | $6.81B | $7.10B | $7.92B | $6.28B | $5.52B | $8.00B | $7.95B | $6.60B | $7.16B | $7.75B |
| YoY % | +17.6% | -4.5% | +4.3% | +11.5% | -20.7% | -12.1% | +44.9% | -0.6% | -17.0% | +8.6% | +8.2% | |
| Operating Income | $1.57B | $226.0M | $689.0M | $927.0M | $768.0M | $1.92B | $2.20B | $2.63B | $3.02B | $4.31B | $3.34B | $4.20B |
| YoY % | -85.6% | +204.9% | +34.5% | -17.2% | +150.1% | +14.6% | +19.5% | +14.7% | +42.8% | -22.5% | +25.7% | |
| Interest Expense | — | — | — | — | — | — | — | — | $1.15B | $1.24B | $1.36B | $1.44B |
| YoY % | +7.8% | +10.4% | +5.7% | |||||||||
| Interest & Investment Income | $43.0M | — | — | — | — | — | — | $7.0M | $15.0M | $79.0M | $67.0M | $40.0M |
| YoY % | +114.3% | +426.7% | -15.2% | -40.3% | ||||||||
| Other Non-Operating Income | $31.0M | $102.0M | $85.0M | -$25.0M | $92.0M | $33.0M | -$43.0M | $6.0M | $18.0M | $99.0M | $108.0M | $69.0M |
| YoY % | +229.0% | -16.7% | -64.1% | +200.0% | +450.0% | +9.1% | -36.1% | |||||
| Equity Method Income | $144.0M | $335.0M | $397.0M | $434.0M | $396.0M | $375.0M | $328.0M | $608.0M | $637.0M | $589.0M | $560.0M | $760.0M |
| YoY % | +132.6% | +18.5% | +9.3% | -8.8% | -5.3% | -12.5% | +85.4% | +4.8% | -7.5% | -4.9% | +35.7% | |
| Pretax Income | $3.58B | -$1.71B | -$375.0M | $535.0M | $331.0M | $1.06B | $277.0M | $2.07B | $2.54B | $4.41B | $2.99B | $3.63B |
| YoY % | -38.1% | +221.5% | -74.0% | +648.4% | +22.6% | +73.3% | -32.2% | +21.4% | ||||
| Income Tax | $1.25B | -$399.0M | -$25.0M | -$1.97B | $138.0M | $335.0M | $79.0M | $511.0M | $425.0M | $1.00B | $640.0M | $857.0M |
| YoY % | +142.8% | -76.4% | +546.8% | -16.8% | +136.5% | -36.3% | +33.9% | |||||
| Income from Continuing Operations | $2.11B | -$571.0M | -$424.0M | $2.17B | -$156.0M | $862.0M | $208.0M | $1.51B | $2.05B | $3.27B | — | — |
| YoY % | -75.9% | +627.9% | +35.1% | +60.0% | ||||||||
| Income from Discontinued Operations | $4.0M | $0 | $0 | $0 | $0 | -$15.0M | $0 | $0 | $0 | -$97.0M | $0 | $0 |
| YoY % | -100.0% | |||||||||||
| Net Income (incl. NCI) | $2.34B | -$1.31B | -$350.0M | $2.51B | $193.0M | $714.0M | $198.0M | $1.56B | $2.12B | $3.30B | $2.35B | $2.77B |
| YoY % | -92.3% | +269.9% | -72.3% | +688.9% | +35.5% | +56.0% | -29.0% | +18.0% | ||||
| Minority Interest (P&L) | $225.0M | -$743.0M | $74.0M | $335.0M | $348.0M | -$136.0M | -$13.0M | $45.0M | $68.0M | $124.0M | $121.0M | $150.0M |
| YoY % | +352.7% | +3.9% | +51.1% | +82.4% | -2.4% | +24.0% | ||||||
| Net Income | $2.11B | -$571.0M | -$424.0M | $2.17B | -$155.0M | $850.0M | $211.0M | $1.52B | $2.05B | $3.18B | $2.23B | $2.62B |
| YoY % | -75.2% | +619.0% | +35.1% | +55.1% | -30.0% | +17.7% | ||||||
| Net Income to Common | — | — | -$424.0M | $2.17B | -$156.0M | $847.0M | $208.0M | $1.51B | $2.05B | $3.18B | $2.22B | $2.62B |
| YoY % | -75.4% | +627.9% | +35.1% | +55.2% | -30.0% | +17.7% | ||||||
| EPS (Basic) | $2.94 | -$0.76 | -$0.57 | $2.63 | -$0.16 | $0.70 | $0.17 | $1.25 | $1.68 | $2.61 | $1.82 | $2.14 |
| YoY % | -75.7% | +635.3% | +34.4% | +55.4% | -30.3% | +17.6% | ||||||
| EPS (Diluted) | $2.92 | -$0.76 | -$0.57 | $2.62 | -$0.16 | $0.70 | $0.17 | $1.24 | $1.67 | $2.60 | $1.82 | $2.14 |
| YoY % | -75.7% | +629.4% | +34.7% | +55.7% | -30.0% | +17.6% | ||||||
| Weighted Avg Shares (Basic) | 719.3M | 749.3M | 750.7M | 826.2M | 973.6M | 1.21B | 1.21B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B |
| YoY % | +4.2% | +0.2% | +10.1% | +17.8% | +24.5% | +0.1% | +0.1% | +0.3% | -0.0% | +0.1% | +0.2% | |
| Weighted Avg Shares (Diluted) | 723.6M | 749.3M | 750.7M | 828.5M | 973.6M | 1.21B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.23B |
| YoY % | +3.5% | +0.2% | +10.4% | +17.5% | +24.7% | +0.1% | +0.3% | +0.4% | +0.0% | 0.0% | +0.2% | |
| Dividends Declared per Share | $2 | $2 | $2 | $1 | $1 | $2 | $2 | $2 | $2 | $2 | $2 | $2 |
| YoY % | +25.2% | -31.4% | -28.6% | +13.3% | +11.8% | +5.3% | +2.5% | +3.7% | +5.3% | +6.1% | +5.3% |
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.
| reported |
| FY20222022-12-31 | $1.70 | +3.7% | reported |
| FY20212021-12-31 | $1.64 | +2.5% | reported |
| FY20202020-12-31 | $1.60 | +5.3% | reported |
| FY20192019-12-31 | $1.52 | +11.8% | reported |
| FY20182018-12-31 | $1.36 | +13.3% | reported |
| FY20172017-12-31 | $1.20 | −28.6% | reported |
| FY20162016-12-31 | $1.68 | −31.4% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-06-12 | $0.5250 | 2026-06-29 | quarterly | licensed |
| 2026-03-13 | $0.5250 | 2026-03-30 | quarterly | licensed |
| 2025-12-12 | $0.5000 | 2025-12-29 | quarterly | licensed |
| 2025-09-12 | $0.5000 | — | quarterly | licensed |
| 2025-06-13 | $0.5000 | 2025-06-30 | quarterly | licensed |
| 2025-03-14 | $0.5000 | — | quarterly | licensed |
| 2024-12-13 | $0.4750 | — | quarterly | licensed |
| 2024-09-13 | $0.4750 | — | quarterly | licensed |
