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$10.85B
Revenue
$969.00M
Net Income
33.30%
Gross Margin
14.11%
Op. Margin
$2.22B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 4 of 16 annual reports available (2009 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
+ Total Revenue $10.85B $9.87B $9.25B $9.88B $10.79B
Revenue Growth % 9.9% 6.7% -6.4% -8.4% nan%
Cost of Revenue $7.24B $6.63B $6.20B $6.45B $6.58B
+ Gross Profit $3.61B $3.24B $3.05B $3.43B $4.21B
Gross Margin % 33.3% 32.9% 33.0% 34.7% 39.0%
Operating Expenses $9.32B $8.53B $7.99B $8.46B $8.41B
Selling General & Admin $1.93B $1.77B $1.64B $1.87B $1.73B
+ Operating Income $1.53B $1.35B $1.26B $1.43B $2.38B
Operating Margin % 14.1% 13.6% 13.6% 14.4% 22.1%
Interest Expense - $262.00M $134.00M - -
Other Income/Expense $21.00M $30.00M $20.00M $-55.00M $369.00M
Income Before Tax $1.29B $1.18B $1.13B $1.24B $2.60B
Income Tax Expense $301.00M $273.00M $248.00M $264.00M $597.00M
+ Net Income $969.00M $871.00M $854.00M $946.00M $2.00B
Net Margin % 8.9% 8.8% 9.2% 9.6% 18.5%
Basic EPS nan 7.78 7.59 8.10 15.85
Diluted EPS nan 7.69 7.49 7.97 15.55
Basic Shares Outstanding 112.0M 111.0M 112.0M - -
Diluted Shares Outstanding 113.0M 113.0M 113.0M - -
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $549.00M $686.00M $315.00M $872.00M
Accounts Receivable $1.30B $1.21B $1.20B $1.44B
Inventory $188.00M $190.00M $192.00M $208.00M
Other Current Assets $351.00M $286.00M $196.00M $223.00M
Total Current Assets $2.39B $2.37B $1.90B $2.74B
Property Plant & Equipment $2.11B $1.82B $1.77B $1.71B
Goodwill $8.86B $7.73B $7.22B $7.09B
Intangible Assets $1.76B $1.17B $1.09B $1.17B
Other Non-current Assets $255.00M $198.00M $144.00M $163.00M
Total Assets $16.15B $14.02B $12.84B $13.61B
Accrued Liabilities $306.00M - - -
Total Current Liabilities $2.17B $1.81B $1.55B $1.75B
Long-term Debt $6.22B $4.41B $3.98B $4.01B
Other Non-current Liabilities $938.00M $876.00M $812.00M $792.00M
Common Stock $2.00M $2.00M $2.00M $2.00M
Retained Earnings $9.36B $8.82B $8.29B $7.65B
Treasury Stock $4.86B $4.83B $4.67B $3.45B
Total Stockholders Equity $6.78B $6.31B $5.89B $6.44B
Total Liabilities & Equity $16.15B $14.02B $12.84B $13.61B
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $969.00M $871.00M $854.00M $946.00M $2.00B
Depreciation & Amortization $700.00M $493.00M $439.00M $437.00M $408.00M
Stock-based Compensation $155.00M $88.00M $77.00M $77.00M $79.00M
Deferred Income Tax $167.00M $13.00M $-49.00M $1.00M $-57.00M
Change in Receivables $300.00M $71.00M $15.00M $-246.00M $-81.00M
Operating Cash Flow $3.06B $1.33B $1.27B $1.72B $2.23B
Capital Expenditure $834.00M $425.00M $408.00M $404.00M $403.00M
Acquisitions $434.00M $2.16B $611.00M $144.00M $331.00M
Investing Cash Flow $-1.30B $-2.55B $-1.06B $-543.00M $21.00M
Debt Repayment $2.61B $303.00M $1.84B $2.00M $2.00M
Stock Repurchased - $151.00M $275.00M $1.41B $2.20B
Dividends Paid $605.00M $331.00M $314.00M $305.00M $309.00M
Financing Cash Flow $-2.69B $1.08B $160.00M $-1.73B $-2.54B
Net Change in Cash $-923.00M $-137.00M $371.00M $-557.00M $-286.00M
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 $2.82B $2.49B $8.23B $7.25B
Cost of Revenue $1.87B $1.68B $5.47B $4.87B
Operating Expenses $2.43B $2.16B $7.06B $6.27B
Selling General & Admin $501.00M $448.00M $1.46B $1.30B
Operating Income $386.00M $330.00M $1.17B $985.00M
Other Income/Expense $8.00M $15.00M $18.00M $27.00M
Income Before Tax $328.00M $296.00M $988.00M $876.00M
Income Tax Expense $77.00M $65.00M $233.00M $205.00M
Net Income $245.00M $226.00M $747.00M $649.00M
Basic EPS 2.18 2.01 6.66 5.80
Diluted EPS 2.16 1.99 6.57 5.74
Basic Shares Outstanding $112.00M $112.00M $112.00M $111.00M
Diluted Shares Outstanding $113.00M $113.00M $113.00M $112.00M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $432.00M $549.00M
Accounts Receivable $1.46B $1.30B
Inventory $186.00M $188.00M
Other Current Assets $333.00M $351.00M
Total Current Assets $2.41B $2.39B
Property Plant & Equipment $2.15B $2.11B
Goodwill $8.90B $8.86B
Intangible Assets $1.66B $1.76B
Other Non-current Assets $296.00M $255.00M
Total Assets $16.20B $16.15B
Total Current Liabilities $2.13B $2.17B
Long-term Debt $5.17B $5.62B
Other Non-current Liabilities $982.00M $938.00M
Common Stock $2.00M $2.00M
Retained Earnings $9.84B $9.36B
Treasury Stock $4.90B $4.86B
Total Stockholders Equity $7.26B $6.78B
Total Liabilities & Equity $16.20B $16.15B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $245.00M $226.00M $747.00M $649.00M
Depreciation & Amortization $142.00M $125.00M $425.00M $358.00M
Stock-based Compensation - - $63.00M $61.00M
Deferred Income Tax - - $118.00M $-21.00M
Change in Receivables - - $153.00M $140.00M
Operating Cash Flow - - $1.42B $870.00M
Capital Expenditure - - $369.00M $302.00M
Acquisitions $34.00M $1.53B $51.00M $1.78B
Investing Cash Flow - - $-440.00M $-2.05B
Debt Repayment - - $1.01B $302.00M
Stock Repurchased - - $150.00M -
Dividends Paid - - $263.00M $247.00M
Financing Cash Flow - - $-1.10B $1.25B
Net Change in Cash - - $-117.00M $78.00M

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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