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$8.09B
Revenue
$1.09B
Net Income
39.77%
Gross Margin
16.97%
Op. Margin
-
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 16 annual reports available (2009 - 2025)
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 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
+ Total Revenue $8.09B $8.09B $7.75B $8.44B $8.51B $7.91B $6.68B $7.14B $6.99B $6.04B $6.96B
Revenue Growth % 0.0% 4.5% -8.2% -0.8% 7.6% 18.3% -6.3% 2.1% 15.7% -13.1% nan%
Cost of Revenue $4.87B $4.87B $4.79B $5.35B $5.44B $4.94B $4.21B $4.52B $4.43B $4.32B $4.39B
+ Gross Profit $3.22B $3.22B $2.96B $3.08B $3.06B $2.97B $2.47B $2.62B $2.56B $2.47B $2.57B
Gross Margin % 39.8% 39.8% 38.2% 36.6% 36.0% 37.6% 37.0% 36.7% 36.6% 40.9% 36.9%
Research & Development - $165.34M $149.60M $139.06M - - - - - - -
Selling General & Admin $1.84B $1.84B $1.75B $1.72B $1.68B $1.69B $1.54B $1.60B $1.72B $1.76B $1.65B
+ Operating Income $1.37B $1.37B $1.21B $1.37B $1.38B $1.28B $932.99M $974.89M $843.11M $714.45M $920.76M
Operating Margin % 17.0% 17.0% 15.6% 16.2% 16.2% 16.2% 14.0% 13.7% 12.1% 11.8% 13.2%
Interest Expense $103.89M $103.89M $126.43M $131.31M $116.46M $106.32M $111.94M $125.82M $130.97M $136.40M $131.68M
Other Income/Expense $32.99M $32.99M $46.88M $21.47M $20.20M $14.86M $11.90M $12.95M $4.36M $7.93M $7.11M
Income Before Tax - $1.37B $1.76B $1.12B - - $841.73M $843.01M $725.38M $689.33M $800.61M
Income Tax Expense $276.82M $276.82M $357.05M $213.18M $222.13M $277.01M $158.28M $165.09M $134.23M $180.44M $204.73M
+ Net Income $1.09B $1.09B $2.70B $1.06B $1.07B $1.12B $683.45M $677.92M $570.27M $508.89M $869.83M
Net Margin % 13.5% 13.5% 34.8% 12.5% 12.5% 14.2% 10.2% 9.5% 8.2% 8.4% 12.5%
Basic EPS 7.98 7.99 19.58 7.56 7.47 7.81 4.74 4.67 3.80 3.28 5.52
Diluted EPS 7.94 7.94 19.45 7.52 7.42 7.74 4.70 4.61 3.75 3.25 5.46
Basic Shares Outstanding - 136.9M 137.7M 139.8M 142.7M 143.9M 144.1M 145.2M 149.9M 155.2M 157.6M
Diluted Shares Outstanding - 137.8M 138.7M 140.6M 143.6M 145.3M 145.4M 147.0M 152.1M 156.6M 159.2M
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 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Cash & Cash Equivalents - - - - - $513.08M $397.25M $396.22M $349.15M $362.19M
Accounts Receivable $1.37B $1.35B $1.43B $1.52B $1.35B $1.14B $1.22B $1.23B $1.27B $1.12B
Inventory $1.27B $1.14B $1.23B $1.37B $1.19B $835.80M $806.14M $748.80M $870.49M $802.89M
Other Current Assets $186.00M $140.56M $141.54M $159.12M $137.60M $133.09M $127.85M $126.88M $104.36M $135.21M
Total Current Assets $4.51B $4.48B $3.39B $3.42B $3.06B $2.62B $2.55B $2.50B $2.59B $2.42B
Property Plant & Equipment $1.12B $987.92M - - - $897.33M $842.32M $806.50M $945.67M $854.27M
Goodwill $5.43B $4.91B $4.88B $4.67B $4.56B $4.07B $3.78B $3.68B $4.56B $3.74B
Intangible Assets $1.76B $1.58B $1.48B $1.33B $1.36B $1.08B $1.06B $1.13B $1.80B $1.41B
Other Non-current Assets $606.21M $550.18M $560.86M $465.00M $466.26M $479.25M $440.37M $243.94M $215.53M $194.10M
Total Assets $13.42B $12.51B $11.35B $10.90B $10.40B $9.15B $8.67B $8.37B $10.12B $8.62B
Accounts Payable $875.68M $848.01M $958.54M $1.07B $1.07B $853.94M $983.29M $969.53M $830.32M $650.88M
Short-term Debt $706.68M $400.06M $468.28M $735.77M $105.70M - $84.70M $220.32M $414.55M $151.12M
Accrued Liabilities - - $64.57M - - - - - - -
Deferred Revenue $155.03M $198.63M $211.29M $256.93M $227.55M $184.84M $104.90M - - -
Other Current Liabilities $352.05M $335.33M $315.53M $318.34M $347.10M $343.64M $339.06M $313.45M $332.60M $235.97M
Total Current Liabilities $2.52B $2.20B $2.41B $2.77B $2.25B $1.74B $1.75B $1.83B $1.94B $1.37B
Long-term Debt $3.33B $2.93B $2.99B $2.94B $3.02B $3.11B $2.99B $2.94B $3.21B $2.62B
Deferred Tax Liabilities $394.37M $352.01M $346.38M $375.15M $364.12M $298.42M $322.04M - - -
Other Non-current Liabilities $483.06M $471.13M $461.97M $474.90M $532.54M $570.31M $527.17M $432.39M $459.12M $414.95M
Common Stock $260.19M $260.03M $259.84M $259.64M $259.46M $258.98M $258.55M $257.82M $256.54M $256.11M
Retained Earnings $14.22B $13.41B $11.00B $10.22B $9.45B $8.61B $8.21B $7.82B $7.93B $7.69B
Treasury Stock - - - $6.80B $6.22B $6.20B $6.09B $5.95B $4.97B $4.97B
Total Stockholders Equity $7.41B $6.95B $5.11B $4.29B $4.19B $3.39B $3.03B $2.77B $3.80B $3.64B
Total Liabilities & Equity $13.42B $12.51B $11.35B $10.90B $10.40B $9.15B $8.67B $8.37B $10.12B $8.62B
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 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Net Income $1.32B $1.09B $2.70B $1.06B $1.07B $1.12B $683.45M $677.92M $570.27M $508.89M $869.83M
Depreciation & Amortization $467.00M $379.58M $337.84M $317.46M $307.54M $290.12M $279.05M $272.29M $282.58M $360.74M $327.09M
Stock-based Compensation $67.86M $43.98M $40.36M $31.46M $30.82M $31.11M $25.03M $29.70M $23.70M $21.02M $30.70M
Deferred Income Tax - $-28.62M $-91.65M $-92.20M - - - - - - -
Change in Receivables $18.98M $-49.41M $43.89M $-86.50M $209.02M $201.54M $-122.41M $7.90M $87.57M $44.65M $-37.92M
Change in Inventory $164.06M $37.21M $-4.42M $-145.45M $199.03M $297.62M $-10.52M $56.87M $85.05M $-25.86M $-63.13M
Change in Payables $-41.65M $-15.64M $9.08M $-104.58M $15.42M $229.33M $-95.64M $18.27M $106.56M $58.70M $42.92M
Operating Cash Flow - - - $1.34B $805.72M $1.12B $1.10B $945.31M - - -
Capital Expenditure $377.58M $220.26M $167.53M $192.59M $220.96M $171.47M $165.69M $186.80M $170.99M $165.21M $154.25M
Acquisitions $1.35B $663.27M $635.27M $533.62M $312.86M $1.11B $335.79M $216.40M $68.56M $1.56B $567.84M
Investing Cash Flow - - - $-726.63M $-540.92M $-992.75M $-481.38M $-384.25M - - -
Debt Repayment - $400.00M - - - - - $805.11M $350.00M $2.02M $300.05M
Stock Repurchased $622.10M $540.70M $500.00M - $585.00M $21.64M $106.28M $143.28M $894.98M - $600.16M
Dividends Paid $496.43M $283.01M $283.12M $284.30M $287.55M $286.90M $284.31M $282.20M $283.57M $268.34M $257.97M
Financing Cash Flow $-953.57M $-624.87M $-1.27B $-568.06M $-260.26M $-249.88M $-506.29M $-558.04M - - -
Net Change in Cash $-787.61M $-168.07M $1.43B $34.99M $-4.64M $-127.57M $115.82M $1.03M $-357.74M $-13.04M $-319.40M
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 $2.08B $1.98B $5.99B $5.82B
Cost of Revenue $1.24B $1.22B $3.60B $3.60B
Gross Profit $833.59M $763.19M $2.40B $2.21B
Selling General & Admin $456.44M $429.57M $1.37B $1.30B
Operating Income $377.15M $333.62M $1.03B $911.29M
Interest Expense $27.24M $34.13M $81.64M $102.87M
Other Income/Expense $18.52M $13.03M $26.66M $33.02M
Income Tax Expense $82.95M $73.43M $211.06M $291.78M
Net Income $302.00M $347.10M $811.88M $1.26B
Basic EPS 2.20 2.53 5.92 9.14
Diluted EPS 2.19 2.51 5.88 9.08
Basic Shares Outstanding $137.24M $137.25M $137.25M $137.91M
Diluted Shares Outstanding $138.03M $138.22M $138.10M $138.83M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Accounts Receivable $1.45B $1.35B
Inventory $1.32B $1.14B
Other Current Assets $176.37M $140.56M
Total Current Assets $4.50B $4.48B
Property Plant & Equipment $1.10B $987.92M
Goodwill $5.40B $4.91B
Intangible Assets $1.81B $1.58B
Other Non-current Assets $604.64M $550.18M
Total Assets $13.42B $12.51B
Accounts Payable $861.57M $848.01M
Short-term Debt $400.65M $400.06M
Deferred Revenue $183.44M $198.63M
Other Current Liabilities $360.47M $335.33M
Total Current Liabilities $2.21B $2.20B
Long-term Debt $2.67B $2.53B
Deferred Tax Liabilities $392.12M $352.01M
Other Non-current Liabilities $489.65M $471.13M
Total Stockholders Equity $7.66B $6.95B
Total Liabilities & Equity $13.42B $12.51B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $302.00M $347.10M $811.88M $1.26B
Depreciation & Amortization $98.46M $86.67M $280.26M $251.18M
Stock-based Compensation $6.73M $8.19M $37.60M $32.30M
Change in Receivables - - $33.82M $5.96M
Change in Inventory - - $95.57M $36.94M
Change in Payables - - $-26.31M $-60.55M
Capital Expenditure - - $163.27M $113.63M
Acquisitions - - $663.19M $602.65M
Stock Repurchased - - $40.70M $500.00M
Dividends Paid - - $213.18M $212.37M
Financing Cash Flow - - $-280.35M $-818.45M
Net Change in Cash - - $-292.07M $-19.09M

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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