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$5.84B
Revenue
$893.60M
Net Income
35.46%
Gross Margin
20.83%
Op. Margin
$1.18B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 16 annual reports available (2010 - 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 $5.84B $5.84B $5.63B $5.37B $4.95B $4.19B $4.19B $4.59B $4.48B $3.67B $3.51B
Revenue Growth % 0.0% 3.8% 4.8% 8.6% 18.0% 0.2% -8.8% 2.4% 22.2% 4.7% nan%
Cost of Revenue $3.77B $3.78B $3.72B $3.48B $3.48B $3.04B $2.98B $3.24B $3.18B $2.52B $2.40B
+ Gross Profit $2.07B $2.06B $1.90B $1.89B $1.47B $1.15B $1.21B $1.35B $1.30B $1.15B $1.10B
Gross Margin % 35.5% 35.3% 33.8% 35.1% 29.7% 27.5% 28.9% 29.5% 29.0% 31.4% 31.4%
Selling General & Admin $855.30M $855.30M $812.50M $849.60M $762.50M $619.20M $676.30M $756.10M $743.50M $648.20M $622.90M
+ Operating Income $1.22B $1.21B $1.09B $1.04B $709.10M $532.30M $533.00M $596.60M $556.90M $503.70M $477.80M
Operating Margin % 20.8% 20.7% 19.4% 19.3% 14.3% 12.7% 12.7% 13.0% 12.4% 13.7% 13.6%
Interest Expense - - - - - - $60.30M $69.40M $72.40M $44.90M $43.40M
Other Income/Expense $-25.20M $-25.20M $-7.20M $-18.50M $4.50M $5.40M $-11.60M $-21.40M $-17.60M $-6.50M $-4.50M
Income Before Tax $1.13B $1.12B $1.01B $983.30M $657.00M $459.30M $424.50M $469.20M $467.00M $443.10M $430.40M
Income Tax Expense $229.30M $227.20M $221.80M $217.30M $140.20M $88.20M $97.50M $113.10M $100.90M $193.20M $132.60M
+ Net Income $893.60M $887.10M $777.80M $759.80M $545.90M $399.50M $351.20M $400.90M $360.20M $243.10M $293.00M
Net Margin % 15.3% 15.2% 13.8% 14.1% 11.0% 9.5% 8.4% 8.7% 8.0% 6.6% 8.4%
Basic EPS 16.75 16.63 14.46 14.14 10.13 7.33 6.46 7.35 6.57 4.42 5.26
Diluted EPS 16.67 16.54 14.37 14.05 10.07 7.28 6.43 7.31 6.54 4.39 5.24
Basic Shares Outstanding - 53.2M 53.7M 53.6M - - - - - - -
Diluted Shares Outstanding - 53.5M 54.0M 54.0M - - - - - - -
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 $482.50M $329.10M $336.10M $440.50M $286.20M $259.60M $182.00M $189.00M $375.00M $437.60M
Short-term Investments $15.40M $15.90M $12.60M $14.30M $9.40M $9.30M $14.20M $9.20M $14.50M $11.20M
Accounts Receivable $856.90M $756.00M $785.40M $741.60M $675.30M $634.70M $683.00M $725.40M $540.30M $530.00M
Inventory $1.08B $841.80M $832.90M $740.70M $662.10M $607.30M $633.00M $651.00M $634.70M $532.40M
Other Current Assets $155.40M $146.50M $129.70M $84.30M $66.80M $76.70M $62.00M $69.10M $39.60M $40.10M
Total Current Assets $2.59B $2.09B $2.17B $2.02B $1.88B $1.59B $1.57B $1.64B $1.60B $1.55B
Property Plant & Equipment $841.20M $726.60M $652.60M $528.00M $459.50M $519.20M $505.20M $502.10M $458.30M $439.80M
Goodwill $3.06B $2.50B $2.53B $1.97B $1.87B $1.92B $1.81B $1.78B $1.09B $991.00M
Intangible Assets $1.39B $1.08B $1.20B $669.90M $681.50M $810.60M $781.50M $819.50M $460.40M $431.50M
Long-term Investments $98.40M $84.90M $75.80M $65.90M $69.10M $71.10M $55.70M $56.30M $57.70M $56.40M
Other Non-current Assets $240.10M $197.50M $197.10M $146.90M $143.70M $173.30M $174.60M $66.10M $51.10M $55.00M
Total Assets $8.23B $6.68B $6.91B $5.40B $5.28B $5.09B $4.90B $4.87B $3.72B $3.52B
Accounts Payable $570.50M $541.70M $563.50M $529.90M $532.80M $378.00M $347.70M $393.70M $326.50M $291.60M
Short-term Debt $289.10M $125.40M $117.40M $4.70M $9.70M $153.10M $65.40M $56.10M $68.10M $3.20M
Accrued Liabilities $450.70M $372.40M $365.20M $334.10M $263.40M $254.00M $262.20M $226.60M $174.90M $156.20M
Deferred Revenue $161.30M $134.60M - - - - - - - -
Other Current Liabilities $112.00M $89.80M - - - - - - - -
Total Current Liabilities $1.51B $1.27B $1.32B $1.09B $1.07B $948.20M $844.90M $839.30M $706.10M $589.60M
Long-term Debt $2.04B $1.44B $2.02B $1.44B $1.44B $1.44B $1.51B $1.74B $987.10M $990.50M
Deferred Tax Liabilities $420.10M $277.10M - - - - - - - -
Other Non-current Liabilities $825.90M $679.50M $660.60M $505.60M $521.30M $596.80M - - - -
Total Liabilities $4.37B $3.40B $4.02B $3.03B $3.04B $3.00B $2.94B $3.07B $2.07B $1.92B
Retained Earnings $4.16B $3.65B $3.18B $2.71B $2.56B $2.39B $2.28B $2.06B $1.89B $1.88B
Total Stockholders Equity $3.85B $3.27B $2.88B $2.36B $2.23B $2.07B $1.95B $1.78B $1.63B $1.59B
Total Liabilities & Equity $8.23B $6.68B $6.91B $5.40B $5.28B $5.09B $4.90B $4.87B $3.72B $3.52B
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 $893.60M $887.10M $777.80M $759.80M $545.90M $399.50M $351.20M $400.90M $360.20M $243.10M $293.00M
Depreciation & Amortization $252.80M $206.10M $212.10M $149.70M $148.50M $149.10M $157.60M $151.00M $148.40M $99.80M $92.30M
Stock-based Compensation $68.10M $33.00M $30.60M $26.50M $24.50M $17.50M $23.90M $16.40M $24.20M $22.30M $22.30M
Deferred Income Tax $-6.80M $11.00M $2.00M $-18.90M - - - - - - -
Change in Receivables $351.30M $68.20M $-22.20M $1.90M $74.20M $124.80M $-55.50M $-46.20M $75.40M $-3.90M $42.30M
Change in Inventory $48.10M $32.30M $22.70M $42.10M $66.50M $138.90M $-50.70M $-12.20M $-34.20M $90.30M $-18.40M
Change in Payables $-6.70M $6.30M $-13.60M $13.20M $-15.30M $195.10M $22.60M $-41.20M $21.50M - -
Operating Cash Flow $1.37B $1.03B $991.20M $880.80M - - $648.00M $591.60M $517.10M $379.00M $398.20M
Capital Expenditure $181.10M $155.10M $180.40M $165.70M $129.30M $90.20M $88.40M $93.90M $96.20M $79.70M $67.20M
Acquisitions $1.10B $958.30M $-5.90M $1.21B $177.10M $-100.00K $239.60M $70.80M $1.12B $184.10M $173.40M
Investing Cash Flow $-1.33B $-1.09B $-59.10M $-1.38B - - $-328.80M $-128.90M $-1.20B $-245.60M $-230.00M
Debt Repayment - - $600.00M - - $300.00M $331.30M $225.00M $168.80M $300.00M -
Stock Repurchased $575.00M $225.00M $40.00M $30.00M $182.00M $11.20M $41.30M $35.00M $40.00M $92.50M $246.80M
Dividends Paid - - - - - - $201.40M $186.60M $172.30M $157.60M $144.00M
Financing Cash Flow $161.10M $203.60M $-923.40M $388.50M $-437.10M $-433.00M $-244.20M $-471.00M $506.50M $-214.30M $-46.80M
Net Change in Cash $222.90M $152.70M $-7.70M $-104.00M $153.70M $30.00M $77.60M $-7.00M $-186.00M $-62.60M $94.10M
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 $1.50B - $4.35B -
Cost of Revenue $958.10M - $2.81B -
Gross Profit $544.30M - $1.54B -
Selling General & Admin $213.70M - $641.70M -
Operating Income $330.60M - $897.30M -
Other Income/Expense $-5.90M - $-17.40M -
Income Before Tax $311.10M - $837.60M -
Income Tax Expense $54.40M - $170.90M -
Net Income $255.50M - $662.90M -
Basic EPS 4.80 - 12.42 -
Diluted EPS 4.77 - 12.35 -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $666.80M $329.10M
Short-term Investments $14.10M $15.90M
Accounts Receivable $909.90M $756.00M
Inventory $1.05B $1.01B
Other Current Assets $145.50M $146.50M
Total Current Assets $2.79B $2.26B
Property Plant & Equipment $766.10M $726.60M
Goodwill $2.59B $2.50B
Intangible Assets $1.06B $1.08B
Long-term Investments $99.80M $84.90M
Other Non-current Assets $222.30M $197.50M
Total Assets $7.53B $6.85B
Accounts Payable $536.60M $541.70M
Short-term Debt $951.50M $125.40M
Accrued Liabilities $375.10M $372.40M
Total Current Liabilities $2.05B $1.27B
Long-term Debt $1.04B $1.44B
Other Non-current Liabilities $734.80M $720.20M
Total Liabilities $3.83B $3.44B
Total Stockholders Equity $3.68B $3.40B
Total Liabilities & Equity $7.53B $6.85B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $255.50M - $662.90M -
Depreciation & Amortization $49.40M - $144.60M -
Stock-based Compensation - - $27.00M -
Deferred Income Tax - - $-8.20M -
Change in Receivables - - $147.70M -
Change in Inventory - - $37.90M -
Change in Payables - - $-10.90M -
Operating Cash Flow - - $582.30M -
Capital Expenditure $30.50M - $96.40M -
Acquisitions - - $129.10M -
Investing Cash Flow - - $-215.40M -
Stock Repurchased - - $225.00M -
Financing Cash Flow - - $-42.60M -
Net Change in Cash - - $337.30M -

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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