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$7.22B
Revenue
$729.00M
Net Income
25.32%
Gross Margin
14.07%
Op. Margin
$565.00M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 16 annual reports available (2010 - 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 $7.22B $7.22B $7.43B $8.16B $7.95B $6.89B
Revenue Growth % 0.0% -2.8% -8.9% 2.7% 15.3% nan%
Cost of Revenue $5.39B $5.39B $5.64B $6.41B $6.45B $5.56B
+ Gross Profit $1.83B $1.83B $1.79B $1.75B $1.49B $1.33B
Gross Margin % 25.3% 25.3% 24.1% 21.4% 18.8% 19.3%
Research & Development - $71.00M $67.00M $63.00M - -
+ Operating Income $1.02B $1.02B $883.00M $957.00M $762.00M $310.00M
Operating Margin % 14.1% 14.1% 11.9% 11.7% 9.6% 4.5%
Interest Expense - $37.00M $48.00M $96.00M - -
Other Income/Expense - $-5.00M $-3.00M $-4.00M $5.00M $12.00M
Income Before Tax $974.00M $974.00M $931.00M $839.00M $668.00M $248.00M
Income Tax Expense $238.00M $238.00M $277.00M $188.00M $166.00M $123.00M
+ Net Income $729.00M $729.00M $647.00M $643.00M $492.00M $117.00M
Net Margin % 10.1% 10.1% 8.7% 7.9% 6.2% 1.7%
Basic EPS 11.35 11.36 9.88 9.74 7.43 1.74
Diluted EPS 11.17 11.18 9.71 9.60 7.34 1.73
Basic Shares Outstanding - 64.2M 65.5M 66.0M 66.2M 67.1M
Diluted Shares Outstanding - 65.2M 66.6M 67.0M 67.0M 67.8M
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 $1.03B $997.00M $401.00M $236.00M $328.00M
Accounts Receivable $1.19B $1.09B $1.28B $1.41B $1.13B
Inventory $1.23B $1.19B $1.45B $1.60B $1.17B
Other Current Assets $60.00M $67.00M $261.00M $62.00M -
Total Current Assets $3.50B $3.35B $3.40B $3.31B $2.70B
Property Plant & Equipment $2.53B $2.26B $2.37B $2.41B $2.42B
Goodwill $922.00M $906.00M - - -
Intangible Assets $347.00M $358.00M - - -
Other Non-current Assets $597.00M $561.00M $570.00M $544.00M $531.00M
Total Assets $7.90B $7.44B $7.64B $7.56B $7.00B
Accounts Payable $693.00M $604.00M $778.00M $873.00M $774.00M
Short-term Debt $48.00M $44.00M $448.00M $543.00M $308.00M
Accrued Liabilities - - - $466.00M $430.00M
Other Current Liabilities $575.00M $633.00M $546.00M $466.00M -
Total Current Liabilities $1.32B $1.28B $1.77B $1.88B $1.51B
Long-term Debt $1.74B $1.79B $1.74B $1.94B $1.74B
Deferred Tax Liabilities $128.00M $136.00M - - -
Other Non-current Liabilities $114.00M $109.00M - - -
Total Liabilities $3.53B $3.55B $3.99B $4.30B $3.77B
Common Stock $1.00M $1.00M $1.00M $1.00M $1.00M
Retained Earnings $5.61B $5.09B $4.65B $4.21B $3.90B
Total Stockholders Equity $4.27B $3.80B $3.54B $3.15B $3.10B
Total Liabilities & Equity $7.90B $7.44B $7.64B $7.56B $7.00B
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 $926.00M $729.00M $647.00M $643.00M $492.00M $117.00M
Depreciation & Amortization $385.00M $222.00M $214.00M $219.00M $215.00M $220.00M
Deferred Income Tax - $6.00M $-15.00M $-6.00M $-3.00M $-61.00M
Change in Inventory $-34.00M $-3.00M $-228.00M $-69.00M $468.00M $312.00M
Operating Cash Flow $1.28B $944.00M $1.44B $1.06B $152.00M $392.00M
Capital Expenditure $718.00M $433.00M $301.00M $316.00M $300.00M $300.00M
Acquisitions - - - - $29.00M $40.00M
Investing Cash Flow $-749.00M $-444.00M $-47.00M $-329.00M $-320.00M $-335.00M
Dividends Paid $369.00M $211.00M $210.00M $194.00M $181.00M $184.00M
Financing Cash Flow $-849.00M $-491.00M $-765.00M $-569.00M $103.00M $-373.00M
Net Change in Cash $-263.00M $33.00M $596.00M $165.00M $-92.00M $-337.00M
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 $1.82B - $5.46B -
Cost of Revenue $1.36B - $4.06B -
Gross Profit $455.00M - $1.40B -
Operating Income $249.00M - $796.00M -
Other Income/Expense $-1.00M - $-1.00M -
Income Before Tax $241.00M - $767.00M -
Income Tax Expense $69.00M - $198.00M -
Net Income $171.00M - $564.00M -
Basic EPS 2.66 - 8.76 -
Diluted EPS 2.61 - 8.61 -
Basic Shares Outstanding $64.30M - $64.40M -
Diluted Shares Outstanding $65.40M - $65.50M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $915.00M $997.00M
Accounts Receivable $1.31B $1.09B
Inventory $1.23B $1.19B
Other Current Assets $58.00M $67.00M
Total Current Assets $3.52B $3.35B
Property Plant & Equipment $2.44B $2.26B
Other Non-current Assets $609.00M $561.00M
Total Assets $7.83B $7.44B
Accounts Payable $652.00M $604.00M
Short-term Debt $57.00M $44.00M
Other Current Liabilities $569.00M $633.00M
Total Current Liabilities $1.28B $1.28B
Long-term Debt $1.74B $1.79B
Total Liabilities $3.51B $3.55B
Common Stock $1.00M $1.00M
Retained Earnings $5.50B $5.09B
Total Stockholders Equity $4.24B $3.80B
Total Liabilities & Equity $7.83B $7.44B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $171.00M - $564.00M -
Depreciation & Amortization - - $165.00M -
Deferred Income Tax - - $2.00M -
Change in Inventory - - $-2.00M -
Operating Cash Flow - - $539.00M -
Capital Expenditure - - $298.00M -
Purchases of Investments - - $11.00M -
Investing Cash Flow - - $-302.00M -
Dividends Paid - - $157.00M -
Financing Cash Flow - - $-340.00M -
Net Change in Cash - - $-82.00M -

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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