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$12.67B
Revenue
$1.28B
Net Income
34.81%
Gross Margin
14.61%
Op. Margin
$500.00M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 16 annual reports available (2009 - 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)
+ Total Revenue $12.67B $12.75B $13.12B $15.31B $14.18B $13.77B
Revenue Growth % -0.6% -2.8% -14.3% 8.0% 3.0% nan%
Cost of Revenue $8.26B $8.20B $8.84B $10.70B $9.62B $9.04B
+ Gross Profit $4.41B $4.54B $4.28B $4.62B $4.56B $4.73B
Gross Margin % 34.8% 35.6% 32.6% 30.1% 32.2% 34.3%
Selling General & Admin $2.56B $2.67B $2.78B $2.98B $2.81B $2.97B
+ Operating Income $1.85B $1.87B $1.50B $1.64B $1.75B $1.76B
Operating Margin % 14.6% 14.7% 11.5% 10.7% 12.4% 12.8%
Interest Expense $256.00M $311.00M $303.00M $218.00M $223.00M $281.00M
Other Income/Expense $23.00M $92.00M $-162.00M $-220.00M $437.00M $121.00M
Income Before Tax $1.62B $1.65B $1.04B $1.20B $1.97B $1.60B
Income Tax Expense $336.00M $304.00M $258.00M $244.00M $474.00M $323.00M
+ Net Income $1.28B $1.34B $951.00M $960.00M $1.49B $1.25B
Net Margin % 10.1% 10.5% 7.2% 6.3% 10.5% 9.1%
Basic EPS 3.69 3.92 2.78 2.81 4.36 3.65
Diluted EPS 3.65 3.88 2.76 2.79 4.33 3.63
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)
Cash & Cash Equivalents $694.00M $274.00M $299.00M $286.00M $435.00M
Accounts Receivable $1.52B $1.57B $1.74B $1.49B $1.54B
Inventory $1.17B $1.24B $1.77B $1.40B $1.28B
Other Current Assets $373.00M $245.00M $383.00M $221.00M $226.00M
Total Current Assets $3.75B $3.33B $4.19B $3.39B $3.48B
Property Plant & Equipment $3.23B $3.21B $3.79B $3.83B $3.71B
Goodwill $5.00B $5.16B $5.69B $5.77B $5.80B
Intangible Assets $1.76B $1.93B $2.30B $2.41B $2.49B
Other Non-current Assets $1.18B $1.14B $1.49B $1.71B $1.46B
Total Assets $15.63B $15.62B $18.50B $18.18B $18.00B
Accounts Payable $2.24B $2.31B $2.97B $2.57B $2.47B
Short-term Debt $632.00M $663.00M $780.00M $712.00M $627.00M
Other Current Liabilities $675.00M $797.00M $872.00M $763.00M $1.15B
Total Current Liabilities $4.66B $5.06B $6.35B $5.32B $5.24B
Long-term Debt $5.00B $5.09B $5.32B $6.26B $6.75B
Deferred Tax Liabilities $541.00M $497.00M $760.00M $722.00M $562.00M
Other Non-current Liabilities $483.00M $461.00M $500.00M $456.00M $525.00M
Common Stock $105.00M $105.00M $105.00M $105.00M $105.00M
Retained Earnings $9.36B $8.80B $9.20B $9.03B $8.33B
Treasury Stock $4.53B $4.79B $4.72B $4.71B $4.56B
Total Stockholders Equity $3.77B $3.17B $3.94B $3.72B $3.11B
Total Liabilities & Equity $15.63B $15.62B $18.50B $18.18B $18.00B
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)
Net Income $1.58B $1.34B $951.00M $960.00M $1.49B $1.25B
Depreciation & Amortization $646.00M $367.00M $419.00M $478.00M $467.00M $479.00M
Change in Receivables $72.00M $104.00M $42.00M $257.00M $9.00M $-75.00M
Change in Inventory $55.00M $-2.00M $-139.00M $411.00M $135.00M $54.00M
Change in Payables $-442.00M $38.00M $-340.00M $411.00M $194.00M $-9.00M
Operating Cash Flow $1.66B $1.76B $1.65B $1.65B $1.70B $1.99B
Capital Expenditure $1.16B $628.00M $677.00M $488.00M $553.00M $505.00M
Acquisitions - - - - - -
Purchases of Investments $269.00M $350.00M - - - $250.00M
Investing Cash Flow $-1.11B $-750.00M $-562.00M $-448.00M $-528.00M $-585.00M
Debt Repayment $1.90B $655.00M $780.00M $648.00M $650.00M $1.23B
Stock Issued $255.00M $213.00M $60.00M $277.00M $63.00M $112.00M
Stock Repurchased - - $170.00M $300.00M $240.00M -
Dividends Paid $1.39B $776.00M $800.00M $797.00M $788.00M $782.00M
Financing Cash Flow $-1.52B $-607.00M $-1.11B $-1.08B $-1.31B $-1.39B
Net Change in Cash $-1.03B $420.00M $-25.00M $13.00M $-149.00M $38.00M
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 $3.26B $3.23B $9.55B $9.62B
Cost of Revenue $2.18B $2.06B $6.31B $6.26B
Selling General & Admin $632.00M $720.00M $1.91B $2.03B
Operating Income $452.00M $456.00M $1.32B $1.34B
Interest Expense $60.00M $75.00M $186.00M $241.00M
Other Income/Expense $8.00M $21.00M $28.00M $97.00M
Income Before Tax $400.00M $402.00M $1.16B $1.20B
Income Tax Expense $89.00M $34.00M $245.00M $213.00M
Net Income $309.00M $367.00M $912.00M $978.00M
Basic EPS 0.89 1.07 2.63 2.86
Diluted EPS 0.88 1.05 2.61 2.83
Basic Shares Outstanding $348.00M $343.00M $347.00M $342.00M
Diluted Shares Outstanding $350.00M $347.00M $350.00M $345.00M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $240.00M $694.00M
Accounts Receivable $1.71B $1.52B
Inventory $1.20B $1.17B
Other Current Assets $319.00M $373.00M
Total Current Assets $3.46B $3.75B
Property Plant & Equipment $3.53B $3.23B
Goodwill $5.06B $5.00B
Intangible Assets $1.81B $1.76B
Other Non-current Assets $1.10B $1.18B
Total Assets $15.64B $15.63B
Accounts Payable $2.11B $2.24B
Short-term Debt $526.00M $113.00M
Other Current Liabilities $753.00M $675.00M
Total Current Liabilities $5.11B $4.66B
Long-term Debt $4.34B $5.00B
Deferred Tax Liabilities $558.00M $541.00M
Other Non-current Liabilities $485.00M $483.00M
Common Stock $105.00M $105.00M
Retained Earnings $9.70B $9.36B
Treasury Stock $4.37B $4.53B
Total Stockholders Equity $4.20B $3.77B
Total Liabilities & Equity $15.64B $15.63B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $309.00M $367.00M $912.00M $978.00M
Depreciation & Amortization - - $277.00M $273.00M
Stock-based Compensation - - $31.00M $66.00M
Change in Receivables - - $101.00M $191.00M
Change in Inventory - - $-15.00M $16.00M
Change in Payables - - $-150.00M $144.00M
Operating Cash Flow - - $788.00M $1.29B
Capital Expenditure - - $468.00M $440.00M
Purchases of Investments - - $74.00M $301.00M
Investing Cash Flow - - $-478.00M $-589.00M
Debt Repayment - - $632.00M $654.00M
Stock Issued - - $102.00M $190.00M
Dividends Paid - - $598.00M $580.00M
Financing Cash Flow - - $-736.00M $-417.00M
Net Change in Cash - - $-454.00M $295.00M

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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