$11.95B
Revenue
$2.62B
Net Income
-
Gross Margin
35.11%
Op. Margin
$2.33B
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 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 | $11.95B | $11.95B | $10.50B | $10.91B | $10.96B | $10.63B | $7.72B | $8.20B | $8.69B | $8.03B | $7.50B |
| Revenue Growth % | 0.0% | 13.8% | -3.7% | -0.5% | 3.2% | 37.7% | -5.9% | -5.6% | 8.2% | 7.1% | nan% |
| Cost of Revenue | - | - | $2.12B | $2.04B | $3.46B | $4.03B | $1.61B | $2.07B | $5.17B | $2.30B | $1.73B |
| Gross Profit | - | - | $8.38B | $8.87B | $7.51B | $6.59B | $6.11B | $6.13B | $3.52B | $5.73B | $5.77B |
| Gross Margin % | nan% | nan% | 79.8% | 81.3% | 68.5% | 62.1% | 79.1% | 74.8% | 40.5% | 71.4% | 77.0% |
| Operating Expenses | $7.75B | $7.75B | $7.16B | $6.60B | $7.95B | $8.00B | $5.52B | $6.28B | $7.92B | $7.13B | $6.80B |
| Selling General & Admin | - | - | $708.00M | $665.00M | $636.00M | $558.00M | $466.00M | $558.00M | $569.00M | $608.00M | $723.00M |
| Operating Income | $4.20B | $4.20B | $3.34B | $4.31B | $3.02B | $2.63B | $2.20B | $1.92B | $768.00M | $904.00M | $700.00M |
| Operating Margin % | 35.1% | 35.1% | 31.8% | 39.5% | 27.5% | 24.8% | 28.5% | 23.4% | 8.8% | 11.3% | 9.3% |
| Interest Expense | $1.44B | $1.44B | $1.36B | $1.24B | $1.15B | - | - | - | - | - | - |
| Interest Income | - | $40.00M | $67.00M | $79.00M | - | - | - | - | - | - | - |
| Other Income/Expense | $69.00M | $69.00M | $108.00M | $99.00M | $18.00M | $6.00M | $-43.00M | $33.00M | $92.00M | $-2.00M | $74.00M |
| Income Before Tax | $3.62B | $3.62B | $2.99B | $4.41B | $2.54B | $2.07B | $277.00M | $1.06B | $331.00M | $535.00M | $-375.00M |
| Income Tax Expense | $857.00M | $857.00M | $640.00M | $1.00B | $425.00M | $511.00M | $79.00M | $335.00M | $138.00M | $-1.97B | $-25.00M |
| Net Income | $2.62B | $2.62B | $2.23B | $3.18B | $2.05B | $1.52B | $211.00M | $850.00M | $-155.00M | $2.17B | $-424.00M |
| Net Margin % | 21.9% | 21.9% | 21.2% | 29.1% | 18.7% | 14.3% | 2.7% | 10.4% | -1.8% | 27.1% | -5.7% |
| Basic EPS | 2.15 | 2.14 | 1.82 | 2.61 | 1.68 | 1.25 | 0.17 | 0.70 | -0.16 | 2.63 | -0.57 |
| Diluted EPS | 2.14 | 2.14 | 1.82 | 2.60 | 1.67 | 1.24 | 0.17 | 0.70 | -0.16 | 2.62 | -0.57 |
| Basic Shares Outstanding | - | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.21B | 1.21B | 973.6M | 826.2M | 750.7M |
| Diluted Shares Outstanding | - | 1.23B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.21B | 973.6M | 828.5M | 750.7M |
| Breakdown | FY 2025 (Dec 31, 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 | - | - | - | $152.00M | $1.68B | $142.00M | $289.00M | $168.00M | $899.00M | $170.00M |
| Accounts Receivable | $2.08B | $1.86B | $1.66B | $2.72B | $1.98B | $999.00M | $996.00M | $992.00M | $976.00M | $938.00M |
| Inventory | $314.00M | $279.00M | $274.00M | $320.00M | $379.00M | $136.00M | $125.00M | $130.00M | $113.00M | $138.00M |
| Other Current Assets | $256.00M | $192.00M | $195.00M | $279.00M | $211.00M | $152.00M | $170.00M | $174.00M | $191.00M | $216.00M |
| Total Current Assets | $3.24B | $2.66B | $4.51B | $3.80B | $4.55B | $1.43B | $1.58B | $1.46B | $2.18B | $1.46B |
| Property Plant & Equipment | $42.00B | $38.69B | $34.31B | $30.89B | $29.26B | $28.93B | $29.20B | $27.50B | $28.21B | $28.43B |
| Goodwill | $466.00M | $466.00M | $463.00M | - | - | - | - | - | - | - |
| Other Non-current Assets | $2.01B | $1.83B | $1.57B | $1.32B | $1.28B | $1.20B | $1.07B | $746.00M | $619.00M | $581.00M |
| Total Assets | $58.57B | $54.53B | $52.63B | $48.43B | $47.61B | $44.16B | $46.04B | $45.30B | $46.35B | $46.84B |
| Accounts Payable | $2.22B | $1.61B | $1.38B | $2.33B | $1.75B | $482.00M | $552.00M | $662.00M | $978.00M | $623.00M |
| Accrued Liabilities | - | - | $1.28B | $1.27B | $1.20B | $944.00M | $1.28B | $1.10B | $1.17B | $1.45B |
| Other Current Liabilities | $1.64B | $1.36B | $1.28B | - | - | - | - | - | - | - |
| Total Current Liabilities | $6.11B | $5.31B | $5.83B | $4.89B | $4.97B | $2.32B | $3.97B | $1.81B | $2.65B | $2.95B |
| Long-term Debt | $27.32B | $24.74B | $23.38B | $21.93B | $21.65B | $21.45B | $20.15B | $22.37B | $20.43B | $22.62B |
| Common Stock | $1.26B | $1.26B | $1.26B | $1.25B | $1.25B | $1.25B | $1.25B | $1.25B | $861.00M | $785.00M |
| Retained Earnings | $-12.24B | $-12.40B | $-12.29B | $-13.27B | $-13.24B | $-12.75B | $-11.00B | $-10.00B | $-8.43B | $-9.65B |
| Treasury Stock | $1.18B | $1.18B | $1.18B | $1.05B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B |
| Total Stockholders Equity | $12.81B | $12.44B | $12.40B | $11.48B | $11.42B | $11.77B | $13.36B | $14.66B | $9.66B | $4.64B |
| Total Liabilities & Equity | $58.57B | $54.53B | $52.63B | $48.43B | $47.61B | $44.16B | $46.04B | $45.30B | $46.35B | $46.84B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 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 | $3.31B | $2.62B | $2.23B | $3.18B | $2.05B | $1.52B | $211.00M | $850.00M | $-155.00M | $2.17B | $-424.00M |
| Depreciation & Amortization | $2.93B | $2.35B | $2.22B | $2.07B | $2.01B | $1.84B | $1.72B | $1.71B | $1.73B | $1.74B | $1.76B |
| Stock-based Compensation | $172.00M | $93.00M | $99.00M | $77.00M | $73.00M | $81.00M | $52.00M | $57.00M | $55.00M | $78.00M | $73.00M |
| Deferred Income Tax | - | $744.00M | $506.00M | $981.00M | $431.00M | $509.00M | $108.00M | - | $220.00M | $-2.01B | $-26.00M |
| Change in Inventory | $78.00M | $45.00M | $9.00M | $-13.00M | $110.00M | $124.00M | $11.00M | $-5.00M | $16.00M | $-8.00M | $25.00M |
| Change in Payables | $-179.00M | $115.00M | $139.00M | $-1.01B | $410.00M | $643.00M | $-7.00M | $-46.00M | $-93.00M | $118.00M | $25.00M |
| Operating Cash Flow | $10.21B | $5.90B | $4.97B | $5.94B | $4.89B | $3.94B | $3.50B | $3.69B | $3.29B | $2.56B | $3.66B |
| Capital Expenditure | $7.89B | $4.89B | $2.57B | $2.52B | $2.25B | $1.24B | $1.24B | $2.11B | $3.26B | $2.40B | $2.05B |
| Acquisitions | $3.00M | $1.00M | $2.24B | $1.57B | $933.00M | $151.00M | - | $728.00M | - | - | - |
| Investing Cash Flow | $-8.85B | $-5.49B | $-4.86B | $-3.89B | $-3.38B | $-1.47B | $-1.56B | $-2.83B | $-2.73B | $633.00M | $-416.00M |
| Debt Repayment | $4.66B | $2.83B | $2.95B | $634.00M | $2.88B | $894.00M | $3.84B | $909.00M | $3.20B | $5.92B | $7.09B |
| Stock Issued | $19.00M | $9.00M | $10.00M | $6.00M | $54.00M | $9.00M | $9.00M | $10.00M | $15.00M | $2.13B | $9.00M |
| Stock Repurchased | - | - | - | $130.00M | $9.00M | - | - | - | - | - | - |
| Dividends Paid | $4.27B | $2.44B | $2.32B | $2.18B | $2.07B | $1.99B | $1.94B | $1.84B | $1.39B | $992.00M | $1.26B |
| Financing Cash Flow | $-475.00M | $-406.00M | $-2.20B | $-49.00M | $-3.04B | $-942.00M | $-2.08B | $-745.00M | $-1.30B | $-2.46B | $-3.18B |
| Net Change in Cash | $886.00M | $3.00M | $-2.09B | $2.00B | $-1.53B | $1.54B | $-147.00M | $121.00M | $-731.00M | $729.00M | $70.00M |
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 | $2.92B | $2.65B | $8.75B | $7.76B |
| Operating Expenses | $1.81B | $1.81B | $5.60B | $5.21B |
| Selling General & Admin | $168.00M | $170.00M | $530.00M | $520.00M |
| Operating Income | $1.11B | $838.00M | $3.15B | $2.55B |
| Interest Expense | $372.00M | $338.00M | $1.07B | $1.03B |
| Other Income/Expense | $21.00M | $31.00M | $51.00M | $95.00M |
| Income Before Tax | $929.00M | $968.00M | $2.61B | $2.38B |
| Income Tax Expense | $246.00M | $227.00M | $613.00M | $549.00M |
| Net Income | $647.00M | $706.00M | $1.88B | $1.74B |
| Basic EPS | 0.53 | 0.58 | 1.54 | 1.43 |
| Diluted EPS | 0.53 | 0.58 | 1.54 | 1.42 |
| Basic Shares Outstanding | $1.22B | $1.22B | $1.22B | $1.22B |
| Diluted Shares Outstanding | $1.23B | $1.22B | $1.22B | $1.22B |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Accounts Receivable | $1.48B | $1.86B |
| Inventory | $339.00M | $279.00M |
| Other Current Assets | $225.00M | $192.00M |
| Total Current Assets | $2.27B | $2.66B |
| Property Plant & Equipment | $40.38B | $38.69B |
| Other Non-current Assets | $1.89B | $1.83B |
| Total Assets | $55.74B | $54.53B |
| Accounts Payable | $1.41B | $1.61B |
| Other Current Liabilities | $1.47B | $1.36B |
| Total Current Liabilities | $5.38B | $5.31B |
| Long-term Debt | $25.59B | $24.74B |
| Common Stock | $1.26B | $1.26B |
| Retained Earnings | $-12.35B | $-12.40B |
| Treasury Stock | $1.18B | $1.18B |
| Total Stockholders Equity | $12.52B | $12.44B |
| Total Liabilities & Equity | $55.74B | $54.53B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $647.00M | $706.00M | $1.88B | $1.74B |
| Depreciation & Amortization | $564.00M | $566.00M | $1.75B | $1.65B |
| Stock-based Compensation | - | - | $70.00M | $69.00M |
| Change in Inventory | - | - | $66.00M | $6.00M |
| Change in Payables | - | - | $-359.00M | $-317.00M |
| Operating Cash Flow | - | - | $4.32B | $3.76B |
| Capital Expenditure | - | - | $2.94B | $1.80B |
| Acquisitions | - | - | $1.00M | $2.00B |
| Investing Cash Flow | - | - | $-3.20B | $-3.79B |
| Debt Repayment | - | - | $1.73B | $2.29B |
| Stock Issued | - | - | $9.00M | $8.00M |
| Dividends Paid | - | - | $1.83B | $1.74B |
| Financing Cash Flow | - | - | $-1.11B | $-1.35B |
| Net Change in Cash | - | - | $10.00M | $-1.39B |
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.