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$8.20B
Revenue
$1.26B
Net Income
45.01%
Gross Margin
20.19%
Op. Margin
$1.31B
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 $8.20B $8.20B $7.55B $7.35B $6.98B $6.01B $5.65B $5.33B $4.97B $4.39B $3.96B
Revenue Growth % -0.0% 8.7% 2.7% 5.2% 16.1% 6.4% 5.9% 7.4% 13.1% 10.8% nan%
Cost of Revenue $4.51B $4.51B $4.14B $3.99B $3.76B $3.23B $3.08B $2.82B $2.57B $2.23B $2.00B
+ Gross Profit $3.69B $3.69B $3.40B $3.35B $3.22B $2.78B $2.57B $2.52B $2.40B $2.16B $1.96B
Gross Margin % 45.0% 45.0% 45.1% 45.7% 46.1% 46.2% 45.5% 47.2% 48.3% 49.3% 49.6%
Selling General & Admin $2.04B $2.04B $1.89B $1.83B $1.76B $1.56B $1.43B $1.46B $1.40B $1.28B $1.17B
+ Operating Income $1.66B $1.66B $1.51B $1.53B $1.45B $1.22B $1.14B $1.06B $999.20M $881.80M $795.84M
Operating Margin % 20.2% 20.2% 20.0% 20.8% 20.8% 20.3% 20.2% 19.8% 20.1% 20.1% 20.1%
Interest Expense $6.60M $6.60M $7.80M $10.80M $14.30M $9.70M $9.70M $13.90M $12.60M $9.10M $6.50M
Income Before Tax $1.65B $1.66B $1.51B $1.52B $1.44B $1.21B $1.13B $1.04B $987.00M $873.10M $789.73M
Income Tax Expense $396.40M $396.60M $357.50M $367.00M $353.10M $282.80M $273.60M $252.80M $235.10M $294.50M $290.25M
+ Net Income $1.26B $1.26B $1.15B $1.16B $1.09B $925.00M $859.10M $790.90M $751.90M $578.60M $499.48M
Net Margin % 15.3% 15.3% 15.2% 15.7% 15.6% 15.4% 15.2% 14.8% 15.1% 13.2% 12.6%
Basic EPS 1.36 1.10 2.01 2.02 1.89 1.61 1.50 1.38 2.62 2.01 1.73
Diluted EPS 1.35 1.09 2.00 2.02 1.89 1.60 1.49 1.38 2.62 2.01 1.73
Basic Shares Outstanding - 1.15B 572.7M 571.3M 573.8M 574.8M 573.8M 573.2M 287.0M 288.2M 288.9M
Diluted Shares Outstanding - 1.15B 574.3M 573.0M 575.6M 577.1M 575.7M 574.4M 287.2M 288.3M 289.2M
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 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Cash Equivalents $276.80M $255.80M $221.30M $230.10M $236.20M $245.70M $174.90M $167.20M $116.90M $112.73M
Accounts Receivable $1.25B $1.11B $1.09B $1.01B $900.20M $769.40M $741.80M $714.30M $607.80M $499.72M
Inventory $1.75B $1.65B $1.52B $1.71B $1.52B $1.34B $1.37B $1.28B $1.09B $992.99M
Other Current Assets $181.90M $183.70M $171.80M $165.40M $188.10M $140.30M $157.40M $147.00M $118.10M $102.42M
Total Current Assets $3.47B $3.21B $3.02B $3.12B $2.86B $2.50B $2.46B $2.32B $1.94B $1.72B
Property Plant & Equipment $1.13B $1.06B $1.01B $1.01B $1.02B $1.03B $1.02B $924.80M $893.60M $899.70M
Other Non-current Assets $140.20M $150.30M $160.70M $170.80M $180.90M $191.40M $76.30M $80.50M $81.20M $48.42M
Total Assets $5.05B $4.70B $4.46B $4.55B $4.30B $3.96B $3.80B $3.32B $2.91B $2.67B
Accounts Payable $316.80M $287.70M $264.10M $255.00M $233.10M $207.00M $192.80M $193.60M $147.50M $108.74M
Accrued Liabilities $264.70M $225.60M $241.00M $241.10M $298.30M $272.10M $251.50M $240.80M $194.00M $156.42M
Total Current Liabilities $715.60M $687.10M $661.30M $789.80M $682.20M $612.70M $544.70M $437.40M $351.00M $275.64M
Long-term Debt $125.00M $200.00M $200.00M $353.20M $330.00M $365.00M $342.00M $497.00M $412.00M $379.52M
Deferred Tax Liabilities $67.40M $68.90M $73.00M $83.70M $88.60M $102.30M $99.40M $84.40M $50.60M $80.60M
Other Non-current Liabilities $15.50M $14.10M $1.00M $3.50M - - - - - -
Common Stock $11.50M $5.70M $5.70M $5.70M $5.80M $2.90M $2.90M $2.90M $2.90M $2.89M
Retained Earnings $3.87B $3.61B $3.36B $3.22B $2.97B $2.69B $2.63B $2.34B $2.11B $1.94B
Total Stockholders Equity $3.94B $3.62B $3.35B $3.16B $3.04B $2.73B $2.67B $2.30B $2.10B $1.93B
Total Liabilities & Equity $5.05B $4.70B $4.46B $4.55B $4.30B $3.96B $3.80B $3.32B $2.91B $2.67B
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 $1.56B $1.26B $1.15B $1.16B $1.09B $925.00M $859.10M $790.90M $751.90M $578.60M $499.48M
Depreciation & Amortization - $179.20M $175.40M $177.30M - - - - - - -
Stock-based Compensation $10.40M $8.40M $8.00M $7.30M $7.20M $5.60M $5.70M $5.70M $5.10M $5.20M $4.10M
Deferred Income Tax - $6.20M $-3.80M $-10.80M - - - - - - -
Change in Receivables $130.10M $130.10M $31.90M $72.30M $119.80M $135.20M $29.70M $30.40M $120.30M $103.70M $40.49M
Change in Inventory $89.20M $89.20M $133.90M $-189.10M $198.00M $189.50M $-36.00M $84.40M $193.30M $76.30M $80.85M
Change in Payables $26.00M $26.00M $27.50M $8.40M $21.90M $26.10M $14.20M $-800.00K $46.10M $36.30M $-17.23M
Operating Cash Flow $1.56B $1.30B $1.17B $1.43B $941.00M $770.10M $1.10B $842.70M $674.20M $585.20M $514.00M
Capital Expenditure $245.30M $245.30M $226.50M $172.80M $173.80M $156.60M $168.10M $246.40M $176.30M $119.90M $189.45M
Acquisitions - - - - - - $125.00M - $3.70M $58.70M -
Investing Cash Flow $-284.80M $-231.00M $-214.50M $-161.20M $-163.00M $-148.50M $-281.70M $-239.70M $-173.90M $-179.30M $-188.09M
Debt Repayment $1.18B $1.18B $835.00M $1.18B $1.63B $540.00M $940.00M $1.06B $895.00M $980.00M $920.00M
Stock Repurchased - - - - $237.80M - $52.00M - $103.00M $82.60M $59.44M
Dividends Paid $1.00B $1.00B $893.30M $1.02B $711.30M $643.70M $803.40M $498.60M $441.90M $369.10M $346.59M
Financing Cash Flow $-1.29B $-1.05B $-913.70M $-1.28B $-774.90M $-627.10M $-754.40M $-595.10M $-446.50M $-407.20M $-340.87M
Net Change in Cash $21.00M $21.00M $34.50M $-8.80M $-6.10M $-9.50M $70.80M $7.70M $50.30M $4.20M $-16.28M
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 $2.13B - $6.17B -
Cost of Revenue $1.17B - $3.38B -
Gross Profit $965.80M - $2.79B -
Selling General & Admin $524.30M - $1.52B -
Operating Income $441.50M - $1.27B -
Interest Expense $1.50M - $5.70M -
Income Before Tax $440.60M - $1.27B -
Income Tax Expense $105.10M - $306.00M -
Net Income $335.50M - $964.40M -
Basic EPS 0.29 - 0.84 -
Diluted EPS 0.29 - 0.84 -
Basic Shares Outstanding $1.15B - $1.15B -
Diluted Shares Outstanding $1.15B - $1.15B -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $288.10M $255.80M
Accounts Receivable $1.35B $1.11B
Inventory $1.72B $1.65B
Other Current Assets $178.50M $183.70M
Total Current Assets $3.55B $3.21B
Property Plant & Equipment $1.11B $1.06B
Other Non-current Assets $142.60M $150.30M
Total Assets $5.12B $4.70B
Accounts Payable $344.80M $287.70M
Accrued Liabilities $261.10M $225.60M
Total Current Liabilities $832.70M $687.10M
Long-term Debt $100.00M $125.00M
Deferred Tax Liabilities $62.80M $68.90M
Other Non-current Liabilities $10.80M $14.10M
Common Stock $11.50M $11.50M
Retained Earnings $3.83B $3.61B
Total Stockholders Equity $3.89B $3.62B
Total Liabilities & Equity $5.12B $4.70B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $335.50M - $964.40M -
Stock-based Compensation $2.10M - $6.20M -
Change in Receivables $26.80M - $233.20M -
Change in Inventory $-1.40M - $66.30M -
Change in Payables $25.60M - $50.30M -
Operating Cash Flow $386.90M - $927.80M -
Capital Expenditure $60.30M - $185.30M -
Investing Cash Flow $-54.80M - $-173.10M -
Debt Repayment $400.00M - $1.04B -
Dividends Paid $252.50M - $751.60M -
Financing Cash Flow $-280.90M - $-732.70M -
Net Change in Cash $50.30M - $32.30M -

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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