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$17.75B
Revenue
$1.73B
Net Income
39.09%
Gross Margin
14.05%
Op. Margin
$2.48B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 16 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)
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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
+ Total Revenue $17.75B $17.17B $16.48B $15.23B $13.02B $11.80B $11.49B $11.22B $10.43B $10.14B $9.97B $9.96B $9.44B $8.95B $8.08B $7.18B $6.22B
Revenue Growth % 3.4% 4.2% 8.2% 16.9% 10.4% 2.7% 2.4% 7.6% 2.8% 1.6% 0.1% 5.6% 5.4% 10.8% 12.5% 15.4% nan%
Cost of Revenue $10.81B $10.41B $9.98B $9.38B $8.30B $7.56B $7.09B $6.87B $6.33B $6.02B $5.74B $5.65B $5.30B $5.03B $4.57B $4.18B $3.62B
+ Gross Profit $6.94B $6.76B $6.50B $5.85B $4.72B $4.24B $4.40B $4.35B $4.10B $4.11B $4.23B $4.31B $4.14B $3.92B $3.51B $3.01B $2.60B
Gross Margin % 39.1% 39.4% 39.4% 38.4% 36.2% 35.9% 38.3% 38.7% 39.3% 40.6% 42.4% 43.3% 43.8% 43.8% 43.5% 41.8% 41.8%
Selling General & Admin $4.45B $4.12B $3.93B $3.63B $3.17B $3.22B $3.13B $3.19B $3.05B $3.00B $2.93B $2.97B $2.84B $2.79B $2.46B $2.15B $1.93B
+ Operating Income $2.49B $2.64B $2.56B $2.21B $1.55B $1.02B $1.26B $1.16B $1.05B $1.12B $1.30B $1.35B $1.30B $1.13B $1.05B $860.48M $665.22M
Operating Margin % 14.1% 15.4% 15.6% 14.5% 11.9% 8.6% 11.0% 10.3% 10.1% 11.0% 13.0% 13.5% 13.7% 12.6% 13.0% 12.0% 10.7%
Interest Expense - $111.00M $109.00M $91.00M $87.00M $94.00M $84.00M $88.00M $80.46M $66.33M $33.57M $10.09M $13.22M $16.08M $9.09M $8.19M $8.77M
Interest Income - - - - - - - $6.00M $2.57M $717.00K $1.17M $2.07M $3.23M $2.66M $2.07M $1.22M $1.36M
Other Income/Expense $16.00M $24.00M $28.00M $24.00M $25.00M $21.00M $26.00M $24.00M $2.32M $-3.63M $-5.47M $-12.73M $-9.26M $-13.34M $-902.00K $-6.70M $42.11M
Income Before Tax $2.43B $2.58B $2.50B $2.15B $1.49B $947.00M $1.21B $1.08B $935.32M $1.02B $1.25B $1.33B $1.29B $1.12B $1.05B - -
Income Tax Expense $606.00M $595.00M $597.00M $533.00M $371.00M $192.00M $314.00M $258.00M $312.88M $386.22M $465.53M $522.09M $479.85M $418.94M $385.12M $340.20M $276.56M
+ Net Income $1.73B $1.91B $1.83B $1.55B $1.04B $695.00M $849.00M $782.00M $585.73M $605.93M $769.00M $801.73M $797.04M $689.88M $658.42M $510.87M $430.47M
Net Margin % 9.7% 11.1% 11.1% 10.2% 8.0% 5.9% 7.4% 7.0% 5.6% 6.0% 7.7% 8.0% 8.4% 7.7% 8.2% 7.1% 6.9%
Basic EPS 35.74 38.84 36.39 30.22 19.94 12.88 15.39 13.82 10.07 9.94 11.69 11.59 11.31 9.71 9.26 7.05 5.70
Diluted EPS 35.66 38.71 36.23 30.06 19.84 12.82 15.32 13.73 10.02 9.87 11.58 11.45 11.13 9.52 9.07 6.93 5.62
Basic Shares Outstanding 47.8M 48.9M 49.9M 50.9M 51.9M 53.5M 54.7M 56.1M 57.7M 60.4M 65.2M 68.3M 69.5M 69.8M 69.7M 70.8M 73.8M
Diluted Shares Outstanding 47.9M 49.0M 50.1M 51.1M 52.2M 53.7M 54.9M 56.5M 58.0M 60.8M 65.8M 69.2M 70.6M 71.2M 71.2M 72.1M 74.9M
Breakdown 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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
Cash & Cash Equivalents $1.04B $660.00M $325.00M $241.00M $585.00M $360.00M $538.00M $326.88M $274.15M $290.14M $226.64M $430.64M $452.06M $335.49M $313.45M $459.87M
Accounts Receivable $2.23B $2.19B $2.13B $1.75B $1.47B $1.43B $1.39B $1.33B $1.22B $1.21B $1.17B $1.10B $940.02M $888.70M $762.89M $624.91M
Inventory $2.31B $2.27B $2.25B $1.87B $1.73B $1.66B $1.54B $1.43B $1.41B $1.41B $1.36B $1.31B $1.30B $1.27B $991.58M $889.68M
Other Current Assets $163.00M $156.00M $266.00M $146.00M $120.00M $104.00M $83.00M $86.67M $81.77M $85.67M $102.67M $115.33M $110.41M - - -
Total Current Assets $5.74B $5.27B $4.98B $4.01B $3.92B $3.56B $3.56B $3.21B $3.02B $3.05B $2.97B $3.04B $2.90B $2.69B $2.24B $2.13B
Property Plant & Equipment $1.93B $1.66B $1.46B $1.42B $1.40B $1.40B $1.35B $1.39B $1.42B $1.43B $1.32B $1.21B $1.14B $1.06B $963.67M $953.27M
Goodwill $355.00M $370.00M $371.00M $384.00M $391.00M $429.00M $424.00M $543.90M $527.15M $582.34M $506.90M $525.47M $543.67M $509.18M $387.23M $351.18M
Intangible Assets $243.00M $234.00M $232.00M $238.00M $228.00M $304.00M $460.00M $569.12M $586.13M $463.29M $263.93M - - - - -
Other Non-current Assets $196.00M $182.00M $180.00M $142.00M $348.00M $306.00M $68.00M $70.92M $75.14M $248.25M $468.73M $471.81M $374.18M $350.85M $224.70M $207.38M
Total Assets $8.83B $8.15B $7.59B $6.59B $6.29B $6.00B $5.87B $5.80B $5.69B $5.86B $5.28B $5.27B $5.01B $4.72B $3.90B $3.73B
Short-term Debt - - - - - $55.00M $49.00M $55.60M $386.14M $353.07M $56.90M $66.86M $79.07M $119.97M $42.77M $34.78M
Total Current Liabilities $2.31B $1.83B $2.01B $1.53B $1.44B $1.68B $1.50B $1.51B $1.63B $1.79B $1.26B $1.20B $1.08B $1.39B $869.30M $776.80M
Long-term Debt $2.28B $2.27B $2.28B $2.36B $2.39B $1.91B $2.09B $2.25B $1.84B $1.39B $404.54M $445.51M $467.05M $175.06M $420.45M $437.50M
Common Stock $55.00M $55.00M $55.00M $55.00M $55.00M $55.00M $55.00M $54.83M $54.83M $54.83M $54.83M $54.83M $54.83M $54.83M $54.83M $54.83M
Retained Earnings $13.68B $12.16B $10.70B $9.50B $8.78B $8.40B $7.87B $7.41B $7.11B $6.80B $6.34B $5.82B $5.28B $4.81B $4.33B $3.97B
Treasury Stock - - $9.45B $8.86B $8.18B $7.63B $6.97B $6.68B $6.13B $5.37B $4.03B $3.55B $3.18B $2.90B $2.86B $2.47B
Total Stockholders Equity $3.36B $3.12B $2.44B $1.87B $1.83B $1.85B $1.92B $1.69B $1.80B $2.27B $3.21B $3.25B $3.02B $2.63B $2.21B $2.16B
Total Liabilities & Equity $8.83B $8.15B $7.59B $6.59B $6.29B $6.00B $5.87B $5.80B $5.69B $5.86B $5.28B $5.27B $5.01B $4.72B $3.90B $3.73B
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)
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)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
FY 2009
(Dec 31, 2009)
Net Income $2.21B $1.91B $1.83B $1.55B $1.04B $695.00M $849.00M $782.00M $585.73M $605.93M $769.00M $801.73M $797.04M $689.88M $658.42M $510.87M $430.47M
Depreciation & Amortization $438.00M $237.00M $214.00M $217.00M $185.00M $182.00M $229.00M $257.00M $264.06M $248.86M $227.97M $208.33M $180.61M $159.05M $149.20M $149.68M $147.53M
Stock-based Compensation $110.00M $62.00M $62.00M $48.00M $42.00M $46.00M $40.00M $47.00M $32.66M $35.73M $46.86M $49.03M $55.59M $55.50M $54.02M $49.80M $40.41M
Change in Working Capital - - - - $443.00M $170.00M $255.00M - - - - - - - - - -
Change in Receivables $519.00M $110.00M $98.00M $436.00M $324.00M $121.00M $42.00M $79.00M $103.13M $45.60M $3.08M $122.58M $126.47M $45.95M $85.08M $-127.79M $2.79M
Change in Inventory $203.00M $77.00M $16.00M $412.00M $152.00M $158.00M $106.00M $129.00M $4.92M $4.40M $37.74M $92.44M $23.64M $14.87M $219.68M $-80.55M $175.29M
Operating Cash Flow $3.72B $2.11B $2.03B $1.33B $937.00M $1.12B $1.04B $1.06B $1.06B $1.00B $989.90M $959.81M $986.50M $816.20M $746.11M $596.45M $732.40M
Capital Expenditure $1.24B $541.00M $445.00M $256.00M $255.00M $197.00M $221.00M $239.00M $237.28M $284.25M $373.87M $387.39M $272.14M $249.86M $196.94M $127.12M $-142.41M
Acquisitions - - - - - - - - - $159.00K $464.43M $30.71M $153.91M $64.81M $359.30M $62.07M $-121.83M
Investing Cash Flow $-1.21B $-520.00M $-422.00M $-263.00M $-226.00M $-179.00M $-202.00M $-166.00M $-146.08M $-262.26M $-843.36M $-384.06M $-399.43M $-305.66M $-535.07M $-169.16M $-262.56M
Debt Repayment $1.51B $39.00M $37.00M - $8.00M $1.37B $42.00M $96.00M $39.30M $262.25M $52.84M $170.91M $16.68M $219.95M $179.30M $239.12M $-18.86M
Stock Repurchased $2.05B $1.20B $850.00M $603.00M $695.00M $601.00M $700.00M $425.00M $605.43M $789.77M $1.40B $525.12M $438.47M $340.53M $151.08M $504.80M $-372.73M
Dividends Paid $798.00M $421.00M $392.00M $370.00M $357.00M $338.00M $328.00M $316.00M $304.47M $302.97M $306.47M $291.39M $255.47M $220.08M $180.53M $152.34M $-134.68M
Financing Cash Flow $-4.26B $-1.18B $-1.28B $-972.00M $-1.04B $-726.00M $-1.02B $-670.00M $-867.15M $-754.53M $-62.55M $-758.12M $-590.87M $-394.44M $-177.45M $-578.59M $-413.53M
Net Change in Cash $-1.72B $376.00M $335.00M $84.00M $-344.00M $225.00M $-178.00M $211.00M $52.73M $-15.99M $63.49M $-204.00M $-21.42M $116.57M $22.04M $-146.42M $63.58M
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 $4.66B - $13.52B -
Cost of Revenue $2.86B - $8.25B -
Gross Profit $1.80B - $5.26B -
Selling General & Admin $1.29B - $3.40B -
Operating Income $511.00M - $1.86B -
Other Income/Expense $1.00M - $10.00M -
Income Before Tax $492.00M - $1.81B -
Income Tax Expense $171.00M - $481.00M -
Net Income $294.00M $490.00M $1.25B -
Basic EPS 6.13 - 26.02 -
Diluted EPS 6.12 - 25.97 -
Basic Shares Outstanding $47.80M - $48.00M -
Diluted Shares Outstanding $47.90M - $48.10M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $535.00M $1.04B
Accounts Receivable $2.41B $2.23B
Inventory $2.27B $2.31B
Other Current Assets $206.00M $163.00M
Total Current Assets $5.47B $5.74B
Property Plant & Equipment $2.24B $1.93B
Goodwill $361.00M $355.00M
Intangible Assets $264.00M $243.00M
Other Non-current Assets $192.00M $196.00M
Total Assets $8.85B $8.83B
Total Current Liabilities $2.02B $2.31B
Long-term Debt $2.37B $2.28B
Common Stock $55.00M $55.00M
Retained Earnings $14.62B $13.68B
Treasury Stock $12.32B $11.50B
Total Stockholders Equity $3.56B $3.36B
Total Liabilities & Equity $8.85B $8.83B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $294.00M $490.00M $1.25B -
Depreciation & Amortization - - $190.00M -
Stock-based Compensation - - $49.00M -
Change in Receivables - - $252.00M -
Change in Inventory - - $27.00M -
Operating Cash Flow - - $1.62B -
Capital Expenditure - - $558.00M -
Investing Cash Flow - - $-543.00M -
Debt Repayment - - $503.00M -
Stock Repurchased - - $798.00M -
Dividends Paid - - $358.00M -
Financing Cash Flow - - $-1.60B -
Net Change in Cash - - $-501.00M -

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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