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$26.89B
Revenue
$8.56B
Net Income
-
Gross Margin
46.09%
Op. Margin
$7.19B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 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)
+ Total Revenue $26.89B $26.89B $25.92B $25.49B $23.18B $23.22B
Revenue Growth % 0.0% 3.7% 1.7% 10.0% -0.2% nan%
Operating Expenses $14.49B $14.49B $14.21B $13.85B $13.81B $12.87B
Selling General & Admin - $3.04B $2.86B $2.82B - -
+ Operating Income $12.39B $12.39B $11.71B $11.65B $9.37B $10.36B
Operating Margin % 46.1% 46.1% 45.2% 45.7% 40.4% 44.6%
Interest Expense $1.58B $1.58B $1.51B $1.36B $1.21B $1.19B
Other Income/Expense $202.00M $87.00M $139.00M $236.30M $-338.60M $-42.30M
Income Tax Expense $2.33B $2.33B $2.12B $2.05B $1.65B $1.58B
+ Net Income $8.56B $8.56B $8.22B $8.47B $6.18B $7.55B
Net Margin % 31.8% 31.9% 31.7% 33.2% 26.6% 32.5%
Basic EPS 12.00 12.00 11.45 11.63 8.39 10.11
Diluted EPS 11.95 11.95 11.39 11.56 8.33 10.04
Basic Shares Outstanding - 713 718 728 736.5M 746.3M
Diluted Shares Outstanding - 716 722 732 741.3M 751.8M
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)
Cash & Cash Equivalents $774.00M $1.08B $4.58B $2.58B $4.71B
Inventory $61.00M $56.00M $52.80M $52.00M $55.60M
Other Current Assets $863.00M $1.07B $866.30M $673.40M $511.30M
Total Current Assets $4.16B $4.60B $7.99B $5.42B $7.15B
Property Plant & Equipment $28.24B $25.30B $24.91B $23.77B $24.72B
Goodwill $3.35B $3.15B $3.04B $2.90B $2.78B
Other Non-current Assets $6.33B $6.09B $5.62B $4.71B $4.45B
Total Assets $59.52B $55.18B $56.15B $50.44B $53.85B
Accounts Payable $1.15B $1.03B $1.10B $980.20M $1.01B
Short-term Debt - - $2.19B - -
Total Current Liabilities $4.36B $3.86B $6.86B $3.80B $4.02B
Long-term Debt $40.00B $38.42B $37.15B $35.90B $35.62B
Deferred Tax Liabilities $1.04B $1.91B $1.68B $2.00B $2.08B
Other Non-current Liabilities $704.00M $771.00M $949.70M $1.05B $1.08B
Common Stock $17.00M $17.00M $16.60M $16.60M $16.60M
Retained Earnings $70.28B $66.83B $63.48B $59.54B $57.53B
Treasury Stock $79.32B $77.38B $74.64B $71.62B $67.81B
Total Stockholders Equity $-1.79B $-3.80B $-4.71B $-6.00B $-4.60B
Total Liabilities & Equity $59.52B $55.18B $56.15B $50.44B $53.85B
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)
Net Income $10.43B $8.56B $8.22B $8.47B $6.18B $7.55B
Depreciation & Amortization $565.00M $457.00M $447.00M $381.70M $370.40M $329.70M
Stock-based Compensation $210.00M $165.00M $172.00M $175.20M $166.70M $139.20M
Deferred Income Tax $-127.00M $-126.00M $-574.00M $-686.40M $-345.70M $-428.30M
Change in Receivables - $-231.00M $-10.00M $161.00M $264.10M $-309.90M
Change in Payables - $100.00M $-10.00M $50.40M $31.30M $225.00M
Operating Cash Flow $10.55B $10.55B $9.45B $9.61B $7.39B $9.14B
Capital Expenditure $3.37B $3.37B $2.77B $2.36B $1.90B $2.04B
Investing Cash Flow $-4.59B $-3.82B $-5.35B $-3.18B $-2.68B $-2.17B
Debt Repayment $5.50B $4.80B $2.78B $2.44B $2.20B $2.24B
Stock Repurchased $2.06B $2.06B $2.82B $3.05B $3.90B $845.50M
Dividends Paid $5.12B $5.12B $4.87B $4.53B $4.17B $3.92B
Financing Cash Flow $-7.12B $-7.12B $-7.50B $-4.37B $-6.58B $-5.60B
Net Change in Cash $-158.00M $-311.00M $-3.49B $2.00B $-2.13B $1.26B
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 $7.08B $6.87B $19.88B $19.53B
Cost of Revenue $666.00M $646.00M $1.94B $1.90B
Operating Expenses $3.72B $3.69B $10.64B $10.69B
Operating Income $3.36B $3.19B $9.24B $8.84B
Interest Expense $406.00M $381.00M $1.17B $1.13B
Other Income/Expense $1.00M $-36.00M $-75.00M $-90.00M
Income Tax Expense $671.00M $588.00M $1.74B $1.60B
Net Income $2.28B $2.25B $6.40B $6.21B
Basic EPS 3.20 3.15 8.96 8.63
Diluted EPS 3.18 3.13 8.92 8.59
Basic Shares Outstanding $712.90 $716.70 $714.10 $719.10
Diluted Shares Outstanding $715.90 $720.00 $717.20 $722.70
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $2.41B $1.08B
Inventory $55.00M $56.00M
Other Current Assets $1.03B $1.07B
Total Current Assets $6.08B $4.60B
Property Plant & Equipment $27.49B $25.30B
Goodwill $3.31B $3.15B
Other Non-current Assets $6.59B $6.09B
Total Assets $60.61B $55.18B
Accounts Payable $972.00M $1.03B
Short-term Debt $1.80B -
Total Current Liabilities $6.08B $3.86B
Long-term Debt $39.48B $38.42B
Deferred Tax Liabilities $1.46B $1.91B
Other Non-current Liabilities $694.00M $771.00M
Common Stock $17.00M $17.00M
Retained Earnings $69.44B $66.83B
Treasury Stock $78.77B $77.38B
Total Stockholders Equity $-2.16B $-3.80B
Total Liabilities & Equity $60.61B $55.18B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $2.28B $2.25B $6.40B $6.21B
Depreciation & Amortization $121.00M $111.00M $333.00M $311.00M
Stock-based Compensation $39.00M $40.00M $128.00M $128.00M
Deferred Income Tax $35.00M $-137.00M $-49.00M $-501.00M
Change in Working Capital $-570.00M $-79.00M $50.00M $514.00M
Operating Cash Flow $3.43B $2.74B $7.85B $6.82B
Capital Expenditure $1.01B $794.00M $2.31B $1.97B
Investing Cash Flow $-1.11B $-1.27B $-2.75B $-4.60B
Debt Repayment $1.25B - $2.64B $1.78B
Stock Repurchased $501.00M $469.00M $1.48B $2.32B
Dividends Paid $1.26B $1.20B $3.79B $3.60B
Financing Cash Flow $-1.79B $-1.09B $-3.88B $-5.62B
Net Change in Cash $537.00M $429.00M $1.33B $-3.36B

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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