| Market Cap | $28.52B | |
| Enterprise Value | $30.17B | |
| Revenue | $9.13B | +5.5% |
| Gross Profit | $3.58B | +8.2% |
| EBITDA | $1.89B | +14.4% |
| Net Income | $1.02B | +7.5% |
| Diluted EPS | $3.92 | +7.4% |
| Free Cash Flow | $960.0M | −3.4% |
| DPS (FY2025) | $1.60 |
| Trailing yield | 1.31% |
| Payout ratio | 40.9% |
| Growth streak | 10 yrs |
| 5y DPS growth | 9.0% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $1.60 | +11.1% | reported |
| FY20242024-12-31 | $1.44 | +9.1% | reported |
| FY20232023-12-31 | $1.32 | +10.0% |
| Ratio | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 12y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||||||||
| Gross Margin | 38.64% | 38.43% | 38.77% | 39.24% | 38.91% | 38.98% | 37.53% | 38.02% | 37.74% | 36.90% | 37.51% | 38.46% | 54% | 53% | |
| Operating Margin | 11.82% | 12.29% | 10.82% | 11.73% | 12.56% | 9.26% | 7.53% | 11.26% | 11.26% | 8.85% | 11.78% | 13.54% | 96% | 71% | |
| EBITDA Margin | 15.45% | 15.93% | 14.82% | 16.70% | 17.57% | 14.16% | 12.67% | 15.98% | 15.54% | 14.77% | 18.35% | 19.90% | 96% | 70% | |
| NOPAT Margin | 9.46% | 10.37% | 8.27% | 8.30% | 11.79% | 8.93% | 6.71% | 9.41% | 9.09% | 8.49% | 9.65% | 10.89% | 88% | 71% | |
| Net Margin | 8.61% | 9.31% | 6.89% | 7.03% | 10.54% | 7.64% | 5.21% | 8.22% | 6.43% | 8.27% | 10.39% | 10.59% | 96% | 72% | |
| FCF Margin | 7.58% | 9.50% | 9.89% | 10.96% | 6.70% | 11.68% | 13.15% | 6.35% | 7.03% | 7.69% | 11.00% | 10.07% | 63% | 70% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 7.76% | 8.32% | 11.42% | 10.33% | 63% | 46% | |
| FCFE Margin | 8.91% | 9.42% | −6.23% | 10.96% | 4.40% | 11.68% | 13.15% | −5.20% | −2.52% | 5.51% | 10.80% | 9.16% | 54% | 63% | |
| OCF Margin | 10.62% | 12.70% | 13.18% | 14.57% | 11.25% | 15.98% | 16.90% | 10.36% | 10.79% | 11.37% | 14.75% | 13.74% | 63% | 63% | |
| Gross Profitability | 31.31% | 30.15% | 22.58% | 26.92% | 28.05% | 26.54% | 20.91% | 23.86% | 26.21% | 16.86% | 19.47% | 19.71% | 21% | 44% | |
| Capex Intensity | 3.04% | 3.20% | 3.29% | 3.61% | 4.55% | 4.31% | 3.75% | 4.00% | 3.77% | 3.68% | 3.75% | 3.66% | 38% | 54% | |
| ▸Returns on Capital · 6 ratios | |||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||||||||
| ▸Earnings quality · 7 ratios | |||||||||||||||
| ▸Liquidity & coverage · 9 ratios | |||||||||||||||
| ▸Leverage · 9 ratios | |||||||||||||||
| ▸Working capital · 8 ratios | |||||||||||||||
| ▸Capital allocation · 5 ratios | |||||||||||||||
| ▸Per share · 6 ratios | |||||||||||||||
| ▸Other · 1 ratios | |||||||||||||||
The five drivers multiply to 8.6% vs reported ROE 8.7%. 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 | $3.92B | $3.65B | $3.77B | $4.71B | $5.21B | $5.25B | $4.88B | $5.20B | $5.52B | $7.36B | $8.56B | $9.04B |
| YoY % | -6.7% | +3.2% | +24.8% | +10.6% | +0.8% | -7.1% | +6.5% | +6.3% | +33.4% | +16.3% | +5.5% | |
| Cost of Revenue | $2.40B | $2.25B | $2.31B | $2.86B | $3.18B | $3.20B | $3.05B | $3.22B | $3.44B | $4.65B | $5.35B | $5.56B |
| YoY % | -6.4% | +2.7% | +23.9% | +11.2% | +0.7% | -4.9% | +5.7% | +6.8% | +35.2% | +15.1% | +3.9% | |
| Gross Profit | $1.51B | $1.40B | $1.46B | $1.85B | $2.03B | $2.05B | $1.83B | $1.98B | $2.08B | $2.72B | $3.21B | $3.48B |
| YoY % | -7.2% | +4.1% | +26.3% | +9.7% | +1.0% | -10.6% | +7.9% | +5.5% | +30.4% | +18.2% | +8.2% | |
| R&D Expense | $104.0M | $95.0M | $110.0M | $181.0M | $189.0M | $191.0M | $187.0M | $204.0M | $206.0M | $232.0M | $230.0M | $226.0M |
| YoY % | -8.7% | +15.8% | +64.5% | +4.4% | +1.1% | -2.1% | +9.1% | +1.0% | +12.6% | -0.9% | -1.7% | |
| SG&A Expense | $920.0M | $854.0M | $914.0M | $1.09B | $1.16B | $1.16B | $1.14B | $1.18B | $1.23B | $1.76B | $1.91B | $1.92B |
| YoY % | -7.2% | +7.0% | +19.1% | +6.6% | -0.3% | -1.3% | +3.1% | +4.1% | +43.2% | +8.8% | +0.6% | |
| Operating Income | $463.0M | $449.0M | $408.0M | $552.0M | $654.0M | $486.0M | $367.0M | $585.0M | $622.0M | $652.0M | $1.01B | $1.22B |
| YoY % | -3.0% | -9.1% | +35.3% | +18.5% | -25.7% | -24.5% | +59.4% | +6.3% | +4.8% | +54.8% | +21.2% | |
| Interest Expense | — | — | — | — | — | — | — | — | $50.0M | $49.0M | $44.0M | $29.0M |
| YoY % | -2.0% | -10.2% | -34.1% | |||||||||
| Other Non-Operating Income | $1.0M | $0 | $2.0M | $6.0M | $13.0M | -$4.0M | -$5.0M | $0 | $7.0M | $33.0M | $16.0M | $18.0M |
| YoY % | -100.0% | +200.0% | +116.7% | +371.4% | -51.5% | +12.5% | ||||||
| Equity Method Income | $2.0M | $3.0M | $3.0M | $3.0M | $5.0M | $3.0M | $2.0M | $9.0M | $0 | $0 | -$4.0M | $2.0M |
| YoY % | +50.0% | 0.0% | 0.0% | +66.7% | -40.0% | -33.3% | +350.0% | -100.0% | ||||
| Impairment of Real Estate | — | — | — | — | — | — | $21.0M | $1.0M | $14.0M | $4.0M | $7.0M | $8.0M |
| YoY % | -95.2% | +1300.0% | -71.4% | +75.0% | +14.3% | |||||||
| Pretax Income | $421.0M | $403.0M | $340.0M | $466.0M | $585.0M | $416.0M | $285.0M | $511.0M | $440.0M | $635.0M | $1.09B | $1.18B |
| YoY % | -4.3% | -15.6% | +37.1% | +25.5% | -28.9% | -31.5% | +79.3% | -13.9% | +44.3% | +71.2% | +8.6% | |
| Income Tax | $84.0M | $63.0M | $80.0M | $136.0M | $36.0M | $15.0M | $31.0M | $84.0M | $85.0M | $26.0M | $197.0M | $231.0M |
| YoY % | -25.0% | +27.0% | +70.0% | -73.5% | -58.3% | +106.7% | +171.0% | +1.2% | -69.4% | +657.7% | +17.3% | |
| Net Income (incl. NCI) | -$5.0M | $340.0M | $260.0M | $330.0M | $549.0M | $401.0M | $254.0M | $427.0M | $355.0M | $609.0M | $890.0M | $950.0M |
| YoY % | -23.5% | +26.9% | +66.4% | -27.0% | -36.7% | +68.1% | -16.9% | +71.5% | +46.1% | +6.7% | ||
| Minority Interest (P&L) | — | $0 | $0 | -$1.0M | $0 | $0 | — | — | — | $0 | $0 | -$7.0M |
| Net Income | $337.0M | $340.0M | $260.0M | $331.0M | $549.0M | $401.0M | $254.0M | $427.0M | $355.0M | $609.0M | $890.0M | $957.0M |
| YoY % | +0.9% | -23.5% | +27.3% | +65.9% | -27.0% | -36.7% | +68.1% | -16.9% | +71.5% | +46.1% | +7.5% | |
| EPS (Basic) | $1.84 | $1.88 | $1.45 | $1.84 | $3.05 | $2.23 | $1.41 | $2.37 | $1.97 | $2.81 | $3.67 | $3.93 |
| YoY % | +2.2% | -22.9% | +26.9% | +65.8% | -26.9% | -36.8% | +68.1% | -16.9% | +42.6% | +30.6% | +7.1% | |
| EPS (Diluted) | $1.83 | $1.87 | $1.45 | $1.83 | $3.03 | $2.21 | $1.40 | $2.35 | $1.96 | $2.79 | $3.65 | $3.92 |
| YoY % | +2.2% | -22.5% | +26.2% | +65.6% | -27.1% | -36.7% | +67.9% | -16.6% | +42.3% | +30.8% | +7.4% | |
| Weighted Avg Shares (Basic) | 183.1M | 180.9M | 179.1M | 179.6M | 179.8M | 180.0M | 180.1M | 180.2M | 180.2M | 217.0M | 242.6M | 243.4M |
| YoY % | -1.2% | -1.0% | +0.3% | +0.1% | +0.1% | +0.1% | +0.1% | -0.0% | +20.4% | +11.8% | +0.3% | |
| Weighted Avg Shares (Diluted) | 184.2M | 181.7M | 180.0M | 180.9M | 181.1M | 181.2M | 181.1M | 181.5M | 181.0M | 218.2M | 243.5M | 244.0M |
| YoY % | -1.4% | -0.9% | +0.5% | +0.2% | +0.0% | -0.1% | +0.2% | -0.3% | +20.6% | +11.6% | +0.2% | |
| Dividends Declared per Share | $0 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $2 |
| YoY % | +10943.1% | +10.0% | +16.2% | +16.7% | +14.3% | +8.3% | +7.7% | +7.1% | +10.0% | +9.1% | +11.1% |
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 | $1.20 | +7.1% | reported |
| FY20212021-12-31 | $1.12 | +7.7% | reported |
| FY20202020-12-31 | $1.04 | +8.3% | reported |
| FY20192019-12-31 | $0.96 | +14.3% | reported |
| FY20182018-12-31 | $0.84 | +16.7% | reported |
| FY20172017-12-31 | $0.72 | +16.2% | reported |
| FY20162016-12-31 | $0.62 | +10.0% | reported |
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-28 | $0.4300 | — | quarterly | licensed |
| 2026-02-24 | $0.4300 | 2026-03-24 | quarterly | licensed |
| 2025-11-25 | $0.4000 | — | quarterly | licensed |
| 2025-08-28 | $0.4000 | 2025-09-25 | quarterly | licensed |
| 2025-05-29 | $0.4000 | — | quarterly | licensed |
| 2025-02-18 | $0.4000 | — | quarterly | licensed |
| 2024-11-26 | $0.3600 | — | quarterly | licensed |
| 2024-08-29 | $0.3600 | — | quarterly | licensed |
