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$37.63B
Revenue
$819.60M
Net Income
15.23%
Gross Margin
4.24%
Op. Margin
$441.80M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 14 annual reports available (2011 - 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 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
+ Total Revenue $37.63B $37.63B $36.19B $31.04B $28.19B $22.83B $13.12B $11.82B $10.09B $8.68B $7.86B
Revenue Growth % 0.0% 4.0% 16.6% 10.1% 23.5% 74.0% 11.0% 17.2% 16.2% 10.3% nan%
Cost of Revenue $31.90B $31.90B $30.63B $25.81B $23.04B $18.57B $10.90B $10.04B $8.57B $7.38B $6.69B
+ Gross Profit $5.73B $5.73B $5.56B $5.23B $5.15B $4.26B $2.23B $1.78B $1.52B $1.30B $1.18B
Gross Margin % 15.2% 15.2% 15.4% 16.8% 18.3% 18.7% 17.0% 15.0% 15.0% 15.0% 14.9%
Selling General & Admin $3.94B $3.94B $3.76B $3.29B $3.04B $2.46B $1.43B $1.25B $1.05B $899.59M $811.17M
+ Operating Income $1.59B $1.59B $1.58B $1.69B $1.94B $1.67B $697.10M $447.00M $408.99M $338.36M $302.74M
Operating Margin % 4.2% 4.2% 4.4% 5.5% 6.9% 7.3% 5.3% 3.8% 4.1% 3.9% 3.8%
Interest Expense $275.50M $275.50M $257.80M $201.20M $129.10M $108.20M $73.10M $56.00M $34.78M $23.21M $19.49M
Other Income/Expense $17.50M $17.40M $39.30M $22.00M $-43.20M $-52.60M $58.90M $8.80M $12.20M $-6.10M $-1.01M
Income Before Tax $1.11B $1.11B $1.08B $1.36B $1.73B $1.48B $648.50M $337.50M $347.07M $283.52M $262.70M
Income Tax Expense $282.40M $282.50M $256.70M $350.60M $468.40M $422.10M $178.20M $71.80M $101.85M $86.47M $79.70M
+ Net Income $819.60M $819.60M $802.00M $1.00B $1.25B $1.06B $470.30M $265.70M $245.22M $197.06M $183.00M
Net Margin % 2.2% 2.2% 2.2% 3.2% 4.4% 4.6% 3.6% 2.2% 2.4% 2.3% 2.3%
Basic EPS 32.39 32.38 29.71 36.36 44.38 36.81 19.74 10.91 9.78 7.76 6.96
Diluted EPS 32.32 32.32 29.65 36.29 44.17 36.54 19.53 10.86 9.75 7.72 6.91
Basic Shares Outstanding - 25.3M 27.0M 27.5M 28.2M 28.8M 23.8M 24.4M 25.1M 25.4M 26.3M
Diluted Shares Outstanding - 25.4M 27.1M 27.6M 28.3M 29.0M 24.1M 24.5M 25.1M 25.5M 26.5M
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 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Cash & Cash Equivalents - - $825.00M $168.10M $153.00M $160.20M $31.60M $57.25M $50.28M $45.01M
Accounts Receivable $1.13B $1.24B $1.12B $813.10M $910.00M $614.00M $529.40M $521.94M $417.71M $308.46M
Inventory $6.12B $5.91B $4.75B $3.41B $2.39B $2.49B $2.37B $2.13B $1.77B $1.47B
Other Current Assets $262.50M $221.30M $136.80M $161.70M $63.00M $70.50M $65.10M $70.85M $46.61M $54.41M
Total Current Assets $7.86B $7.77B $6.96B $4.63B $3.53B $3.34B $2.99B $2.78B $2.29B $1.88B
Property Plant & Equipment - - - - - - $1.45B $1.19B $1.01B $876.66M
Goodwill $2.48B $2.12B $1.93B $1.46B $977.30M $593.00M $434.90M $256.32M $259.40M $213.22M
Other Non-current Assets $1.59B $1.53B $642.00M $914.70M $2.39B $1.16B $221.00M $271.82M $107.16M $100.86M
Total Assets $25.11B $23.13B $19.63B $15.01B $11.15B $7.90B $5.38B $4.68B $3.84B $3.23B
Accounts Payable $339.50M $333.70M $288.00M $258.40M $235.40M $158.20M $126.30M $111.36M $88.42M $70.87M
Accrued Liabilities $1.21B $1.12B $899.10M $782.70M $753.60M $458.30M $283.60M $251.72M $211.11M $167.11M
Total Current Liabilities $6.70B $6.55B $4.93B $3.18B $2.40B $2.48B $2.49B $2.30B $1.92B $1.59B
Long-term Debt $9.68B $8.17B $7.16B $5.51B $3.19B $2.06B $1.36B $1.03B $769.92M $606.46M
Deferred Tax Liabilities $516.30M $397.10M $349.30M $286.30M $191.00M $146.30M $91.20M $56.28M $59.08M -
Other Non-current Liabilities $471.90M $319.10M $220.70M $207.20M $151.30M $147.50M $122.20M $111.00M $100.46M $81.98M
Total Liabilities $18.48B $16.45B $13.35B $9.76B $6.48B $5.24B $4.19B $3.60B $2.93B $2.40B
Common Stock - $793.10M $1.10B $1.08B $1.71B - - - - -
Retained Earnings $6.52B $5.76B $5.01B $4.07B $2.86B $1.84B $1.16B $922.66M $703.82M $530.89M
Total Stockholders Equity $6.60B $6.66B $6.21B $5.21B $4.63B $2.66B $1.20B $1.08B $910.78M $828.16M
Total Liabilities & Equity $25.11B $23.13B $19.63B $15.01B $11.15B $7.90B $5.38B $4.68B $3.84B $3.23B
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 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Net Income $819.60M $819.60M $802.00M $1.00B $1.25B $1.06B $470.30M $265.70M $245.22M $197.06M $183.00M
Depreciation & Amortization $559.40M $323.60M $295.30M $204.10M $172.70M $127.30M $92.40M $75.40M $57.72M $49.37M $41.60M
Stock-based Compensation $106.40M $60.30M $58.40M $40.80M $41.10M $34.70M $23.20M $13.30M $11.27M $11.05M $11.87M
Deferred Income Tax - $93.90M $40.30M $64.00M - - - - - $10.14M $12.34M
Change in Inventory $-200.00M $-33.30M $260.90M $863.50M $923.00M $-674.60M $-228.80M $108.90M $193.10M $168.85M $197.08M
Change in Payables $40.10M $-7.50M $9.00M $-19.90M $25.30M $78.40M $28.20M $15.10M $20.01M $16.45M $674.00K
Operating Cash Flow $1.01B $356.70M $425.10M $-472.40M $-610.10M $1.80B $542.20M $519.70M $148.86M $90.91M $79.55M
Capital Expenditure $568.40M $350.90M $351.40M $230.20M $303.10M $260.40M $167.80M $158.00M $105.38M $100.76M $83.24M
Acquisitions $1.25B $886.40M $1.25B $1.19B $1.24B $2.70B $1.50B $373.80M $460.39M $234.70M $71.61M
Investing Cash Flow $-1.46B $-1.03B $-1.85B $-1.27B $-1.33B $-2.89B $-1.61B $-557.10M $-538.20M $-351.69M $-169.73M
Stock Issued $46.70M $27.50M $27.30M $29.70M $36.10M $1.14B $790.40M $10.10M $7.51M $6.93M $6.07M
Stock Repurchased $1.37B $960.90M $365.90M $48.90M $688.30M $230.70M $50.60M $148.90M $33.75M $112.94M $31.55M
Dividends Paid $97.40M $55.30M $56.50M $52.80M $45.20M $38.80M $29.10M $27.70M $26.54M $24.13M $19.98M
Financing Cash Flow $425.60M $612.10M $907.60M $2.41B $2.04B $1.11B $1.14B $11.70M $396.31M $266.06M $105.29M
Net Change in Cash $-12.40M $-54.50M $-526.20M $700.50M $93.00M $16.00M $76.20M $-25.70M - $5.27M $15.11M
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 $9.68B $9.22B $28.44B $27.01B
Cost of Revenue $8.21B $7.79B $24.08B $22.83B
Gross Profit $1.47B $1.43B $4.36B $4.19B
Selling General & Admin $998.00M $943.60M $2.97B $2.85B
Operating Income $421.60M $421.90M $1.25B $1.16B
Interest Expense $68.30M $64.50M $200.50M $189.30M
Other Income/Expense $-13.30M $5.10M $35.90M $35.40M
Income Before Tax $282.20M $285.90M $918.90M $789.10M
Income Tax Expense $63.60M $64.80M $230.90M $186.50M
Net Income $217.10M $207.30M $682.70M $584.00M
Basic EPS 8.63 7.75 26.47 21.50
Diluted EPS 8.61 7.73 26.42 21.47
Basic Shares Outstanding $25.20M $26.70M $25.80M $27.20M
Diluted Shares Outstanding $25.20M $26.80M $25.80M $27.20M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $206.50M -
Accounts Receivable $1.21B $1.24B
Inventory $5.94B $5.91B
Other Current Assets $354.30M $223.00M
Total Current Assets $7.93B $7.77B
Goodwill $2.44B $2.12B
Other Non-current Assets $1.42B $1.53B
Total Assets $24.52B $23.12B
Accounts Payable $336.70M $333.70M
Accrued Liabilities $1.21B $1.12B
Total Current Liabilities $6.53B $6.55B
Deferred Tax Liabilities $530.60M $397.10M
Other Non-current Liabilities $380.70M $319.10M
Total Liabilities $17.73B $16.45B
Common Stock $165.40M $793.10M
Retained Earnings $6.39B $5.75B
Total Stockholders Equity $6.77B $6.65B
Total Liabilities & Equity $24.52B $23.12B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $217.10M $207.30M $682.70M $584.00M
Depreciation & Amortization $65.50M $63.50M $239.50M $219.70M
Stock-based Compensation - - $45.10M $44.10M
Change in Inventory - - $-44.80M $324.30M
Change in Payables - - $-7.40M $-26.70M
Operating Cash Flow - - $233.00M $363.30M
Capital Expenditure - - $257.70M $271.90M
Acquisitions - - $417.60M $1.25B
Investing Cash Flow - - $-479.40M $-1.82B
Stock Issued - - $21.00M $21.20M
Stock Repurchased - - $662.30M $273.20M
Dividends Paid - - $42.10M $42.40M
Financing Cash Flow - - $264.50M $880.20M
Net Change in Cash - - $22.80M $-573.40M

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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