$7.40B
Revenue
$1.48B
Net Income
36.04%
Gross Margin
25.81%
Op. Margin
$2.79B
Free Cash Flow
| 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 | $7.40B | $7.40B | $6.94B | $6.60B | $6.15B | $5.55B |
| Revenue Growth % | 0.0% | 6.6% | 5.2% | 7.3% | 10.9% | nan% |
| Cost of Revenue | $4.73B | $4.73B | $4.46B | $4.21B | $4.01B | $3.63B |
| Gross Profit | $2.67B | $2.67B | $2.48B | $2.38B | $2.15B | $1.91B |
| Gross Margin % | 36.0% | 36.0% | 35.7% | 36.1% | 34.9% | 34.5% |
| Operating Expenses | $5.49B | $5.49B | $5.16B | $4.89B | $4.65B | $4.24B |
| Research & Development | - | $236.10M | $236.60M | $220.80M | - | - |
| Selling General & Admin | $757.12M | $757.12M | $696.90M | $677.01M | $644.58M | $603.94M |
| Operating Income | $1.91B | $1.91B | $1.78B | $1.71B | $1.50B | $1.31B |
| Operating Margin % | 25.8% | 25.8% | 25.6% | 25.9% | 24.4% | 23.6% |
| Interest Expense | $77.50M | $77.50M | $113.90M | $81.80M | $83.19M | $80.38M |
| Other Income/Expense | $-30.72M | $-30.72M | $-5.06M | $-19.25M | $11.19M | $-5.12M |
| Income Before Tax | $1.80B | $1.80B | $1.66B | $1.61B | $1.43B | $1.22B |
| Income Tax Expense | $318.20M | $318.20M | $285.42M | $293.22M | $269.15M | $233.12M |
| Net Income | $1.48B | $1.48B | $1.38B | $1.31B | $1.16B | $990.05M |
| Net Margin % | 20.0% | 20.0% | 19.8% | 19.9% | 18.9% | 17.9% |
| Basic EPS | 6.41 | 6.42 | 5.95 | 5.70 | 5.04 | 4.29 |
| Diluted EPS | 6.40 | 6.40 | 5.93 | 5.67 | 5.01 | 4.25 |
| Basic Shares Outstanding | - | 230.5M | 231.3M | 230.5M | 230.2M | 231.0M |
| Diluted Shares Outstanding | - | 231.3M | 232.2M | 231.5M | 231.5M | 232.8M |
| 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 | $457.95M | $374.00M | $409.80M | $345.39M | $346.77M |
| Accounts Receivable | $1.12B | $948.83M | $1.01B | $919.34M | $829.21M |
| Inventory | $1.11B | $1.02B | $1.13B | $1.04B | $769.17M |
| Other Current Assets | $336.23M | $258.49M | $269.46M | $219.05M | $183.60M |
| Total Current Assets | $3.02B | $2.60B | $2.82B | $2.53B | $2.13B |
| Property Plant & Equipment | $855.22M | $818.61M | $891.29M | $635.64M | $617.14M |
| Goodwill | $7.17B | $6.56B | $6.45B | $5.37B | $5.24B |
| Intangible Assets | $4.13B | $3.92B | $4.17B | $3.34B | $3.37B |
| Total Assets | $16.07B | $14.63B | $15.02B | $12.43B | $11.90B |
| Accounts Payable | $617.95M | $523.33M | $516.59M | $497.13M | $470.25M |
| Short-term Debt | $1.21B | $654.35M | $1.42B | $226.08M | $315.09M |
| Accrued Liabilities | $536.97M | $472.93M | - | - | - |
| Deferred Revenue | $396.18M | $363.56M | $375.51M | $357.67M | $298.73M |
| Total Current Liabilities | $2.84B | $2.10B | $2.88B | $1.56B | $1.56B |
| Long-term Debt | $2.28B | $2.08B | $1.90B | $2.16B | $2.23B |
| Deferred Tax Liabilities | $788.91M | $831.03M | $836.70M | $694.27M | $719.67M |
| Other Non-current Liabilities | $732.76M | $620.87M | $678.64M | $537.21M | $514.17M |
| Total Liabilities | $5.44B | $4.98B | $6.29B | $4.95B | $5.03B |
| Common Stock | $2.73M | $2.72M | $2.71M | $2.70M | $2.69M |
| Retained Earnings | $12.25B | $11.06B | $9.94B | $8.86B | $7.90B |
| Treasury Stock | $2.54B | $2.11B | $1.90B | $1.90B | $1.57B |
| Total Stockholders Equity | $10.63B | $9.66B | $8.73B | $7.48B | $6.87B |
| Total Liabilities & Equity | $16.07B | $14.63B | $15.02B | $12.43B | $11.90B |
| 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 | $1.83B | $1.48B | $1.38B | $1.31B | $1.16B | $990.05M |
| Depreciation & Amortization | $529.17M | $422.80M | $382.93M | $337.64M | $319.43M | $292.11M |
| Stock-based Compensation | $57.23M | $47.77M | $47.86M | $46.20M | $47.38M | $46.10M |
| Deferred Income Tax | - | $-70.72M | $-12.94M | $-91.90M | - | - |
| Change in Receivables | - | $55.16M | $-53.49M | $-8.45M | $86.71M | $172.79M |
| Operating Cash Flow | $3.00B | $1.80B | $1.83B | $1.74B | $1.15B | $1.16B |
| Capital Expenditure | $205.66M | $130.25M | $127.08M | $136.25M | $139.00M | $110.67M |
| Acquisitions | $1.14B | $933.24M | $117.51M | $2.24B | $429.71M | $1.96B |
| Investing Cash Flow | $-1.34B | $-1.06B | $-244.81M | $-2.38B | $-552.76M | $-2.06B |
| Debt Repayment | - | $514.94M | $300.00M | - | - | $59.72M |
| Stock Repurchased | $470.18M | $434.05M | $212.03M | $7.77M | $332.82M | $14.71M |
| Dividends Paid | $499.76M | $285.35M | $258.78M | $230.33M | $202.17M | $184.59M |
| Financing Cash Flow | $-1.37B | $-686.32M | $-1.60B | $697.28M | $-575.70M | $39.34M |
| Net Change in Cash | $354.67M | $83.95M | $-35.80M | $64.42M | $-1.39M | $-866.05M |
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 | $1.89B | $1.71B | $5.40B | $5.18B |
| Cost of Revenue | $1.21B | $1.09B | $3.46B | $3.35B |
| Operating Expenses | $1.40B | $1.26B | $4.00B | $3.87B |
| Selling General & Admin | $197.76M | $169.96M | $542.19M | $521.14M |
| Operating Income | $488.38M | $445.85M | $1.40B | $1.31B |
| Interest Expense | $22.51M | $25.12M | $58.36M | $90.96M |
| Other Income/Expense | $-17.90M | $-1.89M | $-22.11M | $-2.44M |
| Income Before Tax | $447.96M | $418.85M | $1.32B | $1.22B |
| Income Tax Expense | $76.55M | $78.60M | $242.81M | $228.32M |
| Net Income | $371.42M | $340.24M | $1.08B | $988.87M |
| Basic EPS | 1.61 | 1.47 | 4.69 | 4.28 |
| Diluted EPS | 1.60 | 1.47 | 4.67 | 4.26 |
| Basic Shares Outstanding | $230.73M | $231.34M | $230.74M | $231.29M |
| Diluted Shares Outstanding | $231.67M | $232.22M | $231.56M | $232.19M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $439.24M | $374.00M |
| Accounts Receivable | $1.14B | $948.83M |
| Inventory | $1.15B | $1.02B |
| Other Current Assets | $333.27M | $258.49M |
| Total Current Assets | $3.06B | $2.60B |
| Property Plant & Equipment | $845.60M | $818.61M |
| Goodwill | $7.19B | $6.56B |
| Intangible Assets | $4.25B | $3.92B |
| Total Assets | $16.18B | $14.63B |
| Accounts Payable | $582.01M | $523.33M |
| Short-term Debt | $1.04B | $654.35M |
| Deferred Revenue | $416.23M | $363.56M |
| Total Current Liabilities | $2.65B | $2.10B |
| Long-term Debt | $1.43B | $1.43B |
| Deferred Tax Liabilities | $851.15M | $831.03M |
| Other Non-current Liabilities | $728.36M | $620.87M |
| Total Liabilities | $5.66B | $4.98B |
| Common Stock | $2.72M | $2.72M |
| Retained Earnings | $11.92B | $11.06B |
| Treasury Stock | $2.26B | $2.11B |
| Total Stockholders Equity | $10.53B | $9.66B |
| Total Liabilities & Equity | $16.18B | $14.63B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $371.42M | $340.24M | $1.08B | $988.87M |
| Depreciation & Amortization | $103.08M | $90.37M | $317.15M | $287.05M |
| Stock-based Compensation | $12.92M | $12.74M | $35.23M | $34.91M |
| Change in Working Capital | - | - | $138.52M | $-20.68M |
| Operating Cash Flow | - | - | $1.22B | $1.28B |
| Capital Expenditure | - | - | $73.25M | $75.35M |
| Acquisitions | - | - | $933.24M | - |
| Investing Cash Flow | - | - | $-1.01B | $-69.52M |
| Debt Repayment | - | - | $239.94M | $300.00M |
| Stock Repurchased | - | - | $163.62M | $68.00M |
| Dividends Paid | - | - | $214.37M | $194.07M |
| Financing Cash Flow | - | - | $-176.67M | $-1.23B |
| Net Change in Cash | - | - | $65.24M | $-13.54M |
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.