| Market Cap | $12.21B | |
| Enterprise Value | -$15.26B | |
| Revenue | $2.50B | +19.2% |
| Gross Profit | — | — |
| EBITDA | $605.1M | −18.0% |
| Net Income | $498.7M | −9.4% |
| Diluted EPS | $48.43 | −8.0% |
| Free Cash Flow | $7.53B | +32.8% |
| Ratio | 2024 | 2025 | 2026 | Trend · 3y | vs own | vs sector |
|---|---|---|---|---|---|---|
| ▾Margins | ||||||
| Operating Margin | 36.60% | 34.69% | 23.60% | 17% | 74% | |
| EBITDA Margin | 37.41% | 35.16% | 24.18% | 17% | 63% | |
| NOPAT Margin | 27.95% | 26.61% | 17.82% | 17% | 72% | |
| Net Margin | 28.24% | 26.22% | 19.93% | 17% | 78% | |
| FCF Margin | 228.69% | 270.40% | 301.03% | 83% | 99% | |
| FCFF Margin | 229.72% | 270.95% | 301.62% | 83% | 99% | |
| OCF Margin | 229.44% | 272.50% | 301.82% | 83% | 99% | |
| Capex Intensity | 0.75% | 2.10% | 0.78% | 50% | 29% | |
| ▸Returns on Capital · 3 ratios | ||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||
| ▸Earnings quality · 6 ratios | ||||||
| ▸Liquidity & coverage · 8 ratios | ||||||
| ▸Leverage · 8 ratios | ||||||
| ▸Working capital · 3 ratios | ||||||
| ▸Capital allocation · 1 ratios | ||||||
| ▸Per share · 3 ratios | ||||||
The five drivers multiply to 29.7% vs reported ROE 27.2%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2024↗ | 2025↗ | 2026↗ |
|---|---|---|---|
| Revenue | $1.78B | $2.10B | $2.50B |
| YoY % | +18.2% | +19.2% | |
| Selling & Marketing Expense | $79.6M | $106.1M | $171.8M |
| YoY % | +33.3% | +61.9% | |
| SG&A Expense | $194.7M | $273.4M | $381.9M |
| YoY % | +40.4% | +39.7% | |
| Total Operating Expenses | $1.13B | $1.37B | $1.91B |
| YoY % | +21.7% | +39.5% | |
| Operating Income | $650.1M | $728.2M | $590.7M |
| YoY % | +12.0% | -18.9% | |
| Interest Expense | $24.1M | $15.0M | $19.5M |
| YoY % | -37.8% | +30.0% | |
| Other Non-Operating Income | $7.2M | $9.4M | $15.0M |
| YoY % | +30.6% | +59.6% | |
| Impairment of Real Estate | $0 | $14.6M | $1.8M |
| YoY % | -87.7% | ||
| Pretax Income | $656.7M | $717.5M | $660.4M |
| YoY % | +9.3% | -8.0% | |
| Income Tax | $155.2M | $167.2M | $161.7M |
| YoY % | +7.7% | -3.3% | |
| Net Income (incl. NCI) | $501.5M | $550.3M | $498.7M |
| YoY % | +9.7% | -9.4% | |
| Net Income | $501.5M | $550.3M | $498.7M |
| YoY % | +9.7% | -9.4% | |
| EPS (Basic) | $48.57 | $53.31 | $48.92 |
| YoY % | +9.8% | -8.2% | |
| EPS (Diluted) | $47.81 | $52.63 | $48.43 |
| YoY % | +10.1% | -8.0% | |
| Weighted Avg Shares (Basic) | 1.03B | 1.03B | 1.02B |
| YoY % | -0.0% | -1.2% | |
| Weighted Avg Shares (Diluted) | 1.05B | 1.05B | 1.03B |
| YoY % | -0.3% | -1.5% |
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.
