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$13.18B
Revenue
$398.00M
Net Income
31.14%
Gross Margin
4.95%
Op. Margin
$673.00M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 16 annual reports available (2010 - 2025)
Breakdown TTM
(Dec 27, 2025)
FY 2025
(Dec 27, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
+ Total Revenue $13.18B $13.18B $12.67B $12.34B $12.65B $12.40B $10.12B $9.99B $13.20B $12.46B $11.57B
Revenue Growth % 0.0% 4.0% 2.7% -2.4% 2.0% 22.6% 1.3% -24.4% 5.9% 7.7% nan%
Cost of Revenue $9.08B $9.08B $8.66B $8.48B $8.82B $8.73B $7.30B $6.89B $9.61B $9.06B $8.34B
+ Gross Profit $4.11B $4.11B $4.02B $3.86B $3.83B $3.67B $2.81B $3.09B $3.60B $3.40B $3.23B
Gross Margin % 31.1% 31.1% 31.7% 31.3% 30.3% 29.6% 27.8% 31.0% 27.2% 27.3% 27.9%
Operating Expenses - - - - - - - - $2.70B $2.53B $2.41B
Selling General & Admin $3.08B $3.08B $3.03B $2.96B $2.77B $2.81B $2.25B $2.36B $2.22B $2.54B $2.42B
+ Operating Income $653.00M $653.00M $621.00M $615.00M $747.00M $851.66M $535.30M $718.26M $753.05M $859.37M $771.57M
Operating Margin % 5.0% 5.0% 4.9% 5.0% 5.9% 6.9% 5.3% 7.2% 5.7% 6.9% 6.7%
Interest Expense $150.00M $150.00M $131.00M $87.00M $44.00M $27.60M $41.38M $50.79M $78.79M $53.65M $31.89M
Interest Income $33.00M $33.00M $24.00M $17.00M $17.00M $6.45M $9.84M $15.76M $21.24M $17.55M $13.28M
Other Income/Expense $-3.00M $-3.00M $-1.00M $-3.00M $1.00M $41.00K $-3.87M $-2.92M $-154.00K $-420.00K $2.88M
Income Before Tax $533.00M $533.00M $513.00M $542.00M $721.00M $830.55M $499.89M $680.31M $695.35M $822.85M $755.84M
Income Tax Expense $126.00M $126.00M $128.00M $120.00M $170.00M $197.35M $95.37M $159.51M $155.49M $362.51M $217.96M
+ Net Income $398.00M $398.00M $390.00M $416.00M $538.00M $631.23M $403.79M $694.73M $535.88M $406.30M $506.78M
Net Margin % 3.0% 3.0% 3.1% 3.4% 4.3% 5.1% 4.0% 7.0% 4.1% 3.3% 4.4%
Basic EPS 3.29 3.29 3.07 3.18 3.95 4.51 2.83 4.70 3.51 2.59 6.27
Diluted EPS 3.27 3.27 3.05 3.16 3.91 4.45 2.82 4.65 3.49 2.57 6.19
Basic Shares Outstanding - 120.8M 126.8M 130.6M 136.1M 140.1M 142.5M 147.8M 152.7M 156.8M 80.8M
Diluted Shares Outstanding - 121.7M 127.8M 131.7M 137.8M 141.8M 143.4M 149.3M 153.7M 158.2M 81.9M
Breakdown FY 2025
(Dec 27, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Cash Equivalents - - - - - - - $80.21M $174.66M $62.38M
Accounts Receivable $1.65B $1.48B $1.86B $1.44B $1.45B $1.42B $1.25B $1.60B $1.47B $1.25B
Inventory $2.00B $1.81B $1.81B $1.96B $1.86B $1.51B $1.43B $1.97B $1.93B $1.64B
Other Current Assets $655.00M $569.00M $639.00M $466.00M $413.10M $432.94M $445.36M $520.56M $454.75M $360.51M
Total Current Assets $4.46B $3.98B $4.49B $3.99B $3.84B $3.79B $3.23B $4.18B $4.03B $3.31B
Property Plant & Equipment - - - - $366.46M $342.00M $329.64M $382.40M $375.00M $333.91M
Goodwill $4.21B $3.89B $3.88B $2.89B $2.85B $2.50B $2.46B $2.82B $2.30B $2.02B
Intangible Assets $1.02B $1.02B $916.00M $587.00M $667.63M $479.43M $572.88M $584.24M $669.64M $621.18M
Total Assets $11.21B $10.22B $10.57B $8.61B $8.48B $7.77B $7.15B $8.50B $7.81B $6.73B
Accounts Payable $1.15B $962.00M $1.02B $1.00B $1.05B $1.01B $880.27M $1.23B $1.15B $977.25M
Short-term Debt $764.00M $650.00M $264.00M $103.00M $50.53M $73.37M $23.98M $951.46M - -
Deferred Revenue - - - $89.00M - - - - - -
Other Current Liabilities $680.00M $618.00M $700.00M $592.00M $592.72M $595.53M $528.55M $579.28M $403.02M $391.79M
Total Current Liabilities $3.23B $2.80B $2.68B $2.22B $2.31B $2.28B $2.04B $3.22B $2.78B $2.29B
Long-term Debt $2.31B $1.83B $1.94B $1.04B $811.35M $515.77M $622.91M $1.00B $907.76M $715.46M
Deferred Tax Liabilities $146.00M $102.00M $54.00M $36.00M $42.28M $30.07M $64.99M $27.22M - -
Other Non-current Liabilities $486.00M $387.00M $436.00M $361.00M $376.67M $392.78M $331.17M $392.31M $420.29M $264.26M
Total Liabilities $6.42B $5.38B $5.42B $3.94B $3.80B $3.46B $3.23B $4.65B $4.15B $3.32B
Retained Earnings $3.29B $3.77B $3.86B $3.68B $3.60B $3.45B $3.12B $3.21B $2.94B $2.98B
Total Stockholders Equity $3.25B $3.39B $3.65B $3.45B $3.43B $3.35B $3.00B $2.96B $2.81B $2.79B
Total Liabilities & Equity $11.21B $10.22B $10.57B $8.61B $8.48B $7.77B $7.15B $8.50B $7.81B $6.73B
Breakdown TTM
(Dec 27, 2025)
FY 2025
(Dec 27, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $508.00M $398.00M $390.00M $416.00M $538.00M $631.23M $403.79M $694.73M $535.88M $406.30M $506.78M
Depreciation & Amortization $384.00M $311.00M $297.00M $248.00M $212.00M $209.53M $185.54M $184.94M $207.56M $193.07M $169.78M
Stock-based Compensation $60.00M $39.00M $39.00M $39.00M $54.00M $78.42M $8.79M $44.92M $36.24M $42.29M $58.25M
Deferred Income Tax $-9.00M $5.00M - - - - - - $-41.21M $485.00K $-37.07M
Change in Receivables $298.00M $124.00M $-315.00M $327.00M $7.00M $-4.16M $189.35M $72.69M $147.50M $159.88M $1.90M
Change in Inventory $138.00M $95.00M $59.00M $-231.00M $126.00M $295.13M $31.82M $-14.70M $84.78M $175.06M $104.79M
Operating Cash Flow $906.00M $712.00M $848.00M $500.00M $602.00M $709.58M $598.91M $654.09M $684.71M $545.51M $642.58M
Capital Expenditure $233.00M $139.00M $148.00M $147.00M $96.00M $79.02M $48.83M $76.22M $90.64M $81.50M $70.18M
Sales of Investments - - - - - - - - - - -
Investing Cash Flow $-696.00M $-400.00M $-430.00M $-1.14B $-276.00M $-677.22M $-115.02M $-424.37M $-192.95M $-342.28M $-316.42M
Debt Repayment $80.00M $44.00M $318.00M $468.00M $59.00M $122.27M $611.22M $260.94M $28.04M $60.05M $15.38M
Stock Issued - $250.00M - - - - - - - - -
Stock Repurchased $1.46B $850.00M $385.00M $250.00M $485.00M $401.21M $73.79M $525.00M $200.00M $450.00M $550.02M
Financing Cash Flow $46.00M $-188.00M $-510.00M $701.00M $-315.00M $-332.96M $-187.19M $-215.98M $-603.78M $-112.55M $-327.34M
Net Change in Cash $62.00M $34.00M $-49.00M $54.00M $-1.00M $-303.00M $315.09M $51.78M $-188.90M $224.55M $-9.71M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $3.34B $3.17B $9.75B $9.48B
Cost of Revenue $2.31B $2.18B $6.71B $6.46B
Gross Profit $1.03B $993.00M $3.04B $3.02B
Selling General & Admin $760.00M $724.00M $2.28B $2.30B
Operating Income $164.00M $157.00M $490.00M $466.00M
Interest Expense $38.00M $34.00M $111.00M $96.00M
Interest Income $9.00M $7.00M $24.00M $18.00M
Other Income/Expense $-1.00M $-2.00M $-3.00M $-1.00M
Income Before Tax $134.00M $128.00M $400.00M $387.00M
Income Tax Expense $28.00M $32.00M $94.00M $97.00M
Net Income $101.00M $99.00M $297.00M $296.00M
Basic EPS 0.84 0.79 2.44 2.32
Diluted EPS 0.84 0.78 2.42 2.30
Basic Shares Outstanding $120.20M $126.12M $121.97M $127.55M
Diluted Shares Outstanding $121.04M $127.05M $122.84M $128.50M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Accounts Receivable $1.74B $1.48B
Inventory $1.91B $1.81B
Other Current Assets $604.00M $569.00M
Total Current Assets $4.39B $3.98B
Goodwill $4.15B $3.89B
Intangible Assets $1.05B $1.02B
Total Assets $11.10B $10.22B
Accounts Payable $1.03B $962.00M
Short-term Debt $913.00M $650.00M
Other Current Liabilities $618.00M $618.00M
Total Current Liabilities $3.15B $2.80B
Long-term Debt $2.15B $1.83B
Deferred Tax Liabilities $144.00M $102.00M
Other Non-current Liabilities $487.00M $387.00M
Total Liabilities $6.20B $5.38B
Retained Earnings $3.38B $3.77B
Total Stockholders Equity $3.36B $3.39B
Total Liabilities & Equity $11.10B $10.22B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $101.00M $99.00M $297.00M $296.00M
Depreciation & Amortization $80.00M $74.00M $229.00M $221.00M
Stock-based Compensation - - $29.00M $30.00M
Deferred Income Tax - - - $-41.00M
Change in Receivables - - $198.00M $-188.00M
Change in Inventory - - $25.00M $-38.00M
Operating Cash Flow - - $331.00M $644.00M
Capital Expenditure - - $96.00M $112.00M
Investing Cash Flow - - $-253.00M $-372.00M
Debt Repayment - - $28.00M $193.00M
Stock Issued - - $250.00M -
Stock Repurchased - - $650.00M $310.00M
Financing Cash Flow - - $18.00M $-306.00M
Net Change in Cash - - $14.00M $-45.00M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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