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$16.08B
Revenue
$2.08B
Net Income
44.46%
Gross Margin
17.02%
Op. Margin
$2.65B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 17 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 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
+ Total Revenue $16.08B $16.08B $15.74B $15.32B $14.19B $12.73B $11.79B $14.91B $14.67B $13.84B $13.15B
Revenue Growth % 0.0% 2.2% 2.7% 8.0% 11.4% 8.0% -20.9% 1.6% 6.0% 5.2% nan%
Cost of Revenue $8.93B $8.93B $8.90B $9.15B $8.83B $7.62B $6.91B $8.72B $8.63B $7.41B $6.90B
+ Gross Profit $7.15B $7.15B $6.84B $6.17B $5.36B $5.12B $4.88B $6.18B $6.04B $6.43B $6.25B
Gross Margin % 44.5% 44.5% 43.5% 40.2% 37.8% 40.2% 41.4% 41.5% 41.2% 46.5% 47.5%
Research & Development - $202.00M $207.00M $192.00M - - - - - - -
Selling General & Admin $4.26B $4.26B $4.23B $4.06B $3.65B $3.42B $3.31B $3.96B $3.97B $4.42B $4.30B
+ Operating Income $2.74B $2.74B $2.80B $1.99B $1.56B $1.60B $1.40B $2.01B $1.95B $2.02B $1.92B
Operating Margin % 17.0% 17.0% 17.8% 13.0% 11.0% 12.6% 11.8% 13.5% 13.3% 14.6% 14.6%
Interest Expense - $306.20M $340.30M $348.90M $222.40M $208.70M $262.50M $189.40M $206.40M $239.30M $267.00M
Interest Income - $65.10M $57.80M $52.20M - - - - - - -
Other Income/Expense $51.40M $51.40M $51.30M $59.90M $24.50M $33.90M $55.90M $76.30M $79.90M $67.30M $43.80M
Income Before Tax $2.55B $2.55B $2.57B $1.76B $1.34B $1.41B $1.16B $1.73B $1.80B $1.76B $1.65B
Income Tax Expense $454.60M $454.60M $439.30M $362.50M $234.50M $270.20M $176.60M $322.70M $364.30M $242.40M $403.30M
+ Net Income $2.08B $2.08B $2.11B $1.37B $1.09B $1.13B $-1.19B $1.58B $1.44B $1.52B $1.25B
Net Margin % 12.9% 12.9% 13.4% 9.0% 7.7% 8.9% -10.1% 10.6% 9.8% 11.0% 9.5%
Basic EPS 7.33 7.33 7.43 4.82 3.83 3.95 -4.20 5.41 4.95 5.21 4.20
Diluted EPS 7.28 7.28 7.37 4.79 3.81 3.91 -4.15 5.33 4.88 5.13 4.14
Basic Shares Outstanding - 283.3M 284.3M 285.0M 285.2M 286.3M 287.0M 288.1M 288.6M 289.6M 292.5M
Diluted Shares Outstanding - 285.2M 286.6M 286.5M 286.6M 289.1M 290.3M 292.5M 292.8M 294.0M 296.7M
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 $646.20M $1.26B $919.50M $598.60M $359.90M $1.26B $186.40M $114.70M $211.40M $327.40M
Accounts Receivable $3.25B $2.87B $2.83B $2.70B $2.48B $2.27B $2.80B $2.66B $2.57B $2.34B
Inventory $1.49B $1.46B $1.50B $1.79B $1.49B $1.29B $1.51B $1.55B $1.45B $1.32B
Other Current Assets $569.60M $439.00M $393.20M $404.70M $357.00M $298.20M $339.90M $354.10M $365.00M $291.40M
Total Current Assets $5.96B $6.03B $5.64B $5.49B $4.69B $5.12B $4.83B $4.68B $4.60B $4.28B
Property Plant & Equipment $4.28B $3.75B $3.47B $3.29B $3.29B $3.12B $3.95B $3.84B $3.71B $3.37B
Goodwill $9.23B $7.91B $8.15B $8.01B $8.06B $6.01B $7.25B $7.08B $7.17B $6.38B
Intangible Assets $3.69B $3.31B $3.49B $3.68B $4.22B $2.98B $3.67B $3.80B $4.02B $3.82B
Other Non-current Assets $782.70M $670.40M $532.70M $535.10M $546.00M $476.00M $584.10M $685.10M $474.20M $485.00M
Total Assets $24.70B $22.39B $21.85B $21.46B $21.21B $18.13B $20.87B $20.07B $19.96B $18.33B
Accounts Payable $2.07B $1.81B $1.57B $1.73B $1.38B $1.16B $1.28B $1.26B $1.18B $983.20M
Short-term Debt $870.40M $615.70M $630.40M $505.10M $411.00M $17.30M $380.60M $743.60M $564.40M $541.30M
Other Current Liabilities $1.74B $1.51B $1.33B $1.29B $1.14B $1.19B $1.22B $1.01B $957.30M $891.20M
Total Current Liabilities $5.53B $4.79B $4.35B $4.21B $3.55B $2.93B $3.63B $3.69B $3.43B $3.02B
Long-term Debt $7.37B $6.95B $7.55B $8.08B $8.35B $6.67B $5.97B $6.30B $6.76B $6.15B
Deferred Tax Liabilities $329.90M $280.00M $418.20M $505.60M $622.00M $483.90M $740.40M $764.60M - -
Other Non-current Liabilities $518.70M $366.20M $381.80M $406.30M $254.10M $312.40M $285.60M $324.80M $415.30M $204.80M
Total Liabilities $14.89B $13.60B $13.77B $14.21B $13.95B $11.92B $12.14B $12.02B $12.27B $11.36B
Common Stock $369.40M $367.80M $365.70M $364.70M $364.10M $362.60M $359.60M $357.00M $354.70M $352.60M
Retained Earnings $12.83B $11.52B $10.08B $9.32B $8.81B $8.24B $9.99B $8.91B $8.05B $6.97B
Treasury Stock $9.08B $8.31B $7.31B $7.30B $6.78B $6.68B $5.49B $5.13B $4.58B $3.98B
Total Stockholders Equity $9.77B $8.76B $8.04B $7.24B $7.22B $6.17B $8.69B $8.00B $7.62B $6.90B
Total Liabilities & Equity $24.70B $22.39B $21.85B $21.46B $21.21B $18.13B $20.87B $20.07B $19.96B $18.33B
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 $2.08B $2.08B $2.11B $1.37B $1.09B $1.13B $-1.19B $1.58B $1.44B $1.52B $1.25B
Stock-based Compensation $254.70M $136.60M $134.80M $95.10M $87.80M $89.50M $82.10M $91.10M $94.40M $90.50M $85.70M
Deferred Income Tax - $-36.20M $-184.60M $-55.10M - - - - $85.10M $-354.50M $-90.60M
Change in Receivables $317.40M $185.90M $146.70M $84.30M $319.60M $178.20M $-155.60M $137.20M $164.10M $91.80M $-900.00K
Change in Inventory $109.60M $-36.40M $115.60M $-320.30M $402.90M $73.00M $179.50M $-41.00M $141.10M $85.50M $-18.80M
Change in Payables $72.60M $67.70M $300.00M $-232.30M $394.70M $200.40M $55.90M $22.30M $113.50M $121.10M $-55.10M
Operating Cash Flow $4.39B $2.95B $2.81B $2.41B $1.79B $2.06B $1.86B $2.42B $2.28B $2.09B $1.94B
Capital Expenditure $1.74B $1.05B $994.50M $774.80M $712.80M $643.00M $489.00M $800.60M $847.10M $789.60M $707.40M
Investing Cash Flow $-3.38B $-2.71B $-433.80M $-990.50M $-716.80M $-4.58B $-414.50M $-1.20B $-1.03B $-1.67B $-829.50M
Debt Repayment - $674.20M $630.40M $500.00M - $1.02B $1.57B $400.60M $551.60M $799.00M $1.57B
Stock Repurchased $1.14B $783.80M $986.50M $13.70M $518.20M $106.60M $146.20M $353.70M $562.40M $600.30M $739.60M
Dividends Paid $1.33B $753.60M $664.30M $617.30M $602.80M $566.40M $560.80M $554.90M $496.50M $448.70M $427.50M
Financing Cash Flow $-1.04B $-853.30M $-2.02B $-1.05B $-837.30M $1.60B $-341.80M $-1.35B $-1.17B $-522.70M $-868.20M
Net Change in Cash - - - $320.90M $238.70M $-900.30M $1.07B $-107.60M $82.60M $-169.00M $287.60M
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 $4.17B $4.00B $11.89B $11.74B
Cost of Revenue $2.30B $2.26B $6.58B $6.63B
Selling General & Admin $1.08B $1.02B $3.20B $3.18B
Operating Income $760.20M $1.04B $2.03B $2.22B
Other Income/Expense $12.80M $12.90M $38.80M $38.10M
Income Before Tax $717.70M $987.30M $1.89B $2.04B
Income Tax Expense $128.00M $246.50M $362.90M $384.50M
Net Income $585.00M $736.50M $1.51B $1.64B
Basic EPS 2.06 2.60 5.33 5.76
Diluted EPS 2.05 2.58 5.30 5.72
Basic Shares Outstanding $283.50M $283.60M $283.50M $284.60M
Diluted Shares Outstanding $285.40M $286.00M $285.30M $286.80M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.96B $1.26B
Accounts Receivable $3.11B $2.87B
Inventory $1.53B $1.46B
Other Current Assets $501.90M $439.00M
Total Current Assets $7.11B $6.03B
Property Plant & Equipment $4.06B $3.75B
Goodwill $8.11B $7.91B
Intangible Assets $3.14B $3.31B
Other Non-current Assets $712.10M $670.40M
Total Assets $23.90B $22.39B
Accounts Payable $1.87B $1.81B
Short-term Debt $16.20M $615.70M
Other Current Liabilities $1.51B $1.51B
Total Current Liabilities $4.19B $4.79B
Long-term Debt $8.05B $6.95B
Deferred Tax Liabilities $176.90M $280.00M
Other Non-current Liabilities $527.30M $366.20M
Total Liabilities $14.14B $13.60B
Common Stock $369.10M $367.80M
Retained Earnings $12.48B $11.52B
Treasury Stock $8.67B $8.31B
Total Stockholders Equity $9.72B $8.76B
Total Liabilities & Equity $23.90B $22.39B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $585.00M $736.50M $1.51B $1.64B
Stock-based Compensation - - $109.50M $109.50M
Change in Receivables - - $150.30M $109.30M
Change in Inventory - - $37.60M $163.60M
Change in Payables - - $-47.80M $277.70M
Operating Cash Flow - - $1.86B $2.05B
Capital Expenditure - - $716.20M $634.80M
Investing Cash Flow - - $-729.00M $193.70M
Debt Repayment - - $674.20M $630.40M
Stock Repurchased - - $374.60M $983.70M
Dividends Paid - - $564.40M $502.90M
Financing Cash Flow - - $-421.70M $-1.88B

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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