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$17.46B
Revenue
$2.48B
Net Income
51.47%
Gross Margin
19.30%
Op. Margin
$2.96B
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 15 annual reports available (2010 - 2024)
Breakdown TTM
(Sep 30, 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)
FY 2015
(Dec 31, 2015)
+ Total Revenue $17.46B $16.71B $15.81B $14.41B $13.33B $11.60B $10.15B $9.54B $8.98B $8.59B $7.97B
Revenue Growth % 4.5% 5.7% 9.7% 8.1% 14.8% 14.3% 6.4% 6.2% 4.5% 7.9% nan%
Cost of Revenue $8.47B $8.15B $7.71B $7.03B $6.31B $5.52B $4.76B $4.50B $4.26B $4.08B $3.80B
+ Gross Profit $8.99B $8.55B $8.10B $7.38B $7.02B $6.09B $5.39B $5.04B $4.72B $4.51B $4.16B
Gross Margin % 51.5% 51.2% 51.3% 51.2% 52.7% 52.4% 53.1% 52.8% 52.6% 52.5% 52.3%
Selling General & Admin $5.62B $5.30B $4.92B $4.43B $4.10B $3.67B $3.47B $3.22B $3.00B $2.81B $2.65B
+ Operating Income $3.37B $3.25B $3.19B $2.95B $2.92B $2.42B $1.92B $1.82B $1.73B $1.70B $1.51B
Operating Margin % 19.3% 19.5% 20.2% 20.5% 21.9% 20.8% 18.9% 19.0% 19.2% 19.8% 19.0%
Interest Expense $229.87M $222.55M $201.67M $157.72M $144.77M $161.13M $139.97M $122.13M $91.35M $70.93M $57.13M
Other Income/Expense $6.49M $9.16M $15.14M $-2.88M $7.54M $5.70M $7.03M $-1.49M $1.41M $4.69M $1.13M
Income Before Tax $3.15B $3.05B $3.00B $2.80B $2.78B $2.27B $1.79B $1.69B $1.64B $1.64B $1.46B
Income Tax Expense $670.55M $658.38M $658.17M $626.00M $617.23M $514.10M $399.29M $369.60M $504.00M $599.50M $529.15M
+ Net Income $2.48B $2.39B $2.35B $2.17B $2.16B $1.75B $1.39B $1.32B $1.13B $1.04B $931.22M
Net Margin % 14.2% 14.3% 14.8% 15.1% 16.2% 15.1% 13.7% 13.9% 12.6% 12.1% 11.7%
Basic EPS 20.61 40.91 38.80 33.75 31.39 23.74 18.07 16.27 12.82 10.87 9.32
Diluted EPS 20.50 40.66 38.47 33.44 31.10 23.53 17.88 16.10 12.67 10.73 9.17
Basic Shares Outstanding 848.3M 58.3M 60.5M 64.4M 69.0M 73.8M 77.0M 81.4M 88.4M 95.4M 100.0M
Diluted Shares Outstanding 852.7M 58.7M 61.0M 65.0M 69.6M 74.5M 77.8M 82.3M 89.5M 96.7M 101.5M
Breakdown 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)
FY 2015
(Dec 31, 2015)
Cash & Cash Equivalents $130.25M $279.13M $108.58M $362.11M $465.64M $40.41M $31.32M $46.35M $146.60M $116.30M
Accounts Receivable $356.84M $375.05M $343.15M $272.56M $229.68M $214.91M $192.03M $216.25M $197.27M $161.08M
Inventory $5.10B $4.66B $4.36B $3.69B $3.65B $3.45B $3.19B $3.01B $2.78B $2.63B
Other Current Assets $117.92M $105.31M $110.38M $70.09M $50.66M $44.76M $48.26M $49.04M $53.02M $29.02M
Total Current Assets $5.84B $5.56B $5.05B $4.50B $4.50B $3.83B $3.54B $3.40B $3.26B $3.01B
Property Plant & Equipment $5.61B $5.04B $4.42B $4.21B $4.09B $3.95B $3.59B $3.34B $3.12B $2.86B
Goodwill $930.16M $897.70M $884.45M $879.34M $881.03M $936.81M $807.26M $789.06M $785.40M $757.14M
Other Non-current Assets $193.89M $179.46M $158.97M $139.11M $125.78M $70.11M $43.42M $41.35M $37.38M $34.74M
Total Assets $14.89B $13.87B $12.63B $11.72B $11.60B $10.72B $7.98B $7.57B $7.20B $6.68B
Accounts Payable $6.52B $6.09B $5.88B $4.70B $4.18B $3.60B $3.38B $3.19B $2.94B $2.61B
Other Current Liabilities $876.73M $730.94M $383.69M $370.22M $297.39M $270.21M $253.99M $239.19M $249.90M $232.68M
Total Current Liabilities $8.28B $7.66B $7.06B $5.87B $5.26B $4.47B $3.89B $3.65B $3.40B $3.05B
Long-term Debt $5.52B $5.57B $4.37B $3.83B $4.12B $3.89B $3.42B $2.98B $1.89B $1.39B
Deferred Tax Liabilities $247.60M $295.47M $245.35M $175.21M $155.90M $133.28M $105.57M $85.41M $90.17M -
Other Non-current Liabilities $231.96M $203.98M $201.26M $206.57M $196.16M $171.29M $210.41M $207.68M $199.22M $199.18M
Common Stock $575.00K $591.00K $624.00K $670.00K $711.00K $756.00K $790.00K $843.00K $929.00K $977.00K
Retained Earnings $-2.79B $-3.13B $-2.38B $-1.37B $-1.14B $-889.07M $-909.19M $-612.84M $289.50M $678.84M
Total Stockholders Equity $-1.37B $-1.74B $-1.06B $-66.42M $140.26M $397.34M $353.67M $653.05M $1.63B $1.96B
Total Liabilities & Equity $14.89B $13.87B $12.63B $11.72B $11.60B $10.72B $7.98B $7.57B $7.20B $6.68B
Breakdown TTM
(Sep 30, 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)
FY 2015
(Dec 31, 2015)
Net Income $3.02B $2.39B $2.35B $2.17B $2.16B $1.75B $1.39B $1.32B $1.13B $1.04B $931.22M
Depreciation & Amortization $867.78M $461.89M $409.06M $357.93M $328.22M $314.63M $270.88M $258.94M $233.84M $217.87M $210.26M
Stock-based Compensation $61.70M $28.93M $27.51M $26.46M $24.66M $22.75M $21.92M $20.18M $19.40M $18.86M $21.90M
Deferred Income Tax - - $48.23M $69.58M $20.38M $12.38M $21.16M - - $10.39M $-22.65M
Change in Receivables $138.95M $-30.50M $35.54M $75.86M $47.43M $20.52M $15.58M $-18.14M $27.74M $38.55M $23.86M
Change in Inventory $1.03B $403.89M $288.32M $669.05M $32.63M $198.86M $239.91M $163.37M $231.80M $119.27M $76.23M
Change in Payables $1.04B $421.36M $207.06M $1.18B $510.91M $580.61M $213.42M $177.68M $253.26M $322.43M $191.06M
Operating Cash Flow $5.02B $3.05B $3.03B $3.15B $3.21B $2.84B $1.71B $1.73B $1.40B $1.45B $1.28B
Capital Expenditure $2.06B $1.02B $1.01B $563.34M $442.85M $465.58M $628.06M $504.27M $465.94M $476.34M $414.02M
Investing Cash Flow $-2.06B $-1.17B $-995.94M $-739.99M $-615.62M $-614.89M $-796.75M $-534.30M $-464.22M $-529.10M $-407.19M
Stock Repurchased $3.80B $2.08B $3.15B $3.28B $2.48B $2.09B $1.43B $1.71B $2.17B $1.51B $1.14B
Financing Cash Flow $-2.75B $-2.03B $-1.87B $-2.66B $-2.69B $-1.80B $-902.81M $-1.21B $-1.04B $-894.77M $-1.01B
Net Change in Cash $218.27M $-148.89M $170.55M $-253.53M $-103.53M $425.23M $9.09M $-15.03M $-100.25M $30.30M $-134.26M
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 $4.71B $4.36B $13.37B $12.61B
Cost of Revenue $2.27B $2.11B $6.48B $6.16B
Gross Profit $2.44B $2.25B $6.89B $6.45B
Selling General & Admin $1.46B $1.35B $4.26B $3.94B
Operating Income $976.07M $896.73M $2.63B $2.51B
Interest Expense $59.57M $55.17M $174.47M $167.15M
Other Income/Expense $5.37M $4.30M $6.59M $9.27M
Income Before Tax $923.65M $847.92M $2.47B $2.36B
Income Tax Expense $197.75M $182.46M $536.48M $524.32M
Net Income $725.90M $665.46M $1.93B $1.84B
Basic EPS 0.86 0.76 2.26 2.09
Diluted EPS 0.85 0.76 2.25 2.08
Basic Shares Outstanding $848.29M $869.97M $853.91M $878.44M
Diluted Shares Outstanding $852.70M $875.02M $858.45M $884.13M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $204.51M $130.25M
Accounts Receivable $422.85M $356.84M
Inventory $5.61B $5.10B
Other Current Assets $181.34M $117.92M
Total Current Assets $6.60B $5.84B
Property Plant & Equipment $6.13B $5.61B
Goodwill $945.59M $930.16M
Other Non-current Assets $198.69M $193.89M
Total Assets $16.28B $14.89B
Accounts Payable $7.06B $6.52B
Other Current Liabilities $610.52M $876.73M
Total Current Liabilities $8.71B $8.28B
Long-term Debt $5.92B $5.52B
Deferred Tax Liabilities $240.73M $247.60M
Other Non-current Liabilities $258.83M $231.96M
Common Stock $8.47M $8.62M
Retained Earnings $-2.44B $-2.79B
Total Stockholders Equity $-894.68M $-1.37B
Total Liabilities & Equity $16.28B $14.89B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $725.90M $665.46M $1.93B $1.84B
Depreciation & Amortization - - $375.82M $339.32M
Stock-based Compensation - - $27.11M $21.60M
Deferred Income Tax - - $-7.87M $8.54M
Change in Receivables - - $66.90M $9.18M
Change in Inventory - - $486.37M $212.49M
Change in Payables - - $532.60M $252.45M
Operating Cash Flow - - $2.13B $2.43B
Capital Expenditure - - $899.78M $732.92M
Investing Cash Flow - - $-896.57M $-883.61M
Stock Repurchased - - $1.60B $1.60B
Financing Cash Flow - - $-1.16B $-1.70B
Net Change in Cash - - $74.27M $-163.52M

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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