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$8.86B
Revenue
$688.00M
Net Income
28.75%
Gross Margin
-
Op. Margin
$786.60M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 15 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)
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 $8.86B $8.86B $8.76B $8.36B $9.04B $8.41B $6.97B $7.16B $6.61B $6.09B $5.97B
Revenue Growth % 0.0% 1.1% 4.7% -7.5% 7.5% 20.6% -2.6% 8.2% 8.7% 2.0% nan%
Cost of Revenue $6.31B $6.31B $6.22B $6.09B $6.64B $6.10B $5.05B $5.24B $4.80B $4.39B $4.32B
+ Gross Profit $2.55B $2.55B $2.53B $2.28B $2.40B $2.31B $1.92B $1.92B $1.81B $1.70B $1.65B
Gross Margin % 28.8% 28.8% 28.9% 27.2% 26.6% 27.5% 27.6% 26.8% 27.4% 27.9% 27.6%
Research & Development - $136.60M - - - - - - - - -
Selling General & Admin $1.42B $1.42B $1.42B $1.31B $1.33B $1.25B $1.06B $1.13B $1.12B $1.10B $1.11B
Interest Expense $131.30M $131.30M $117.00M $119.00M $84.10M $70.20M $70.00M $58.50M $63.00M $59.90M $60.50M
Other Income/Expense $14.20M $14.20M $26.70M $30.80M $9.40M $4.10M $-1.90M $-104.80M - - -
Income Before Tax $925.10M $925.10M $953.50M $694.70M $999.30M $992.60M $737.30M $554.80M $589.50M $477.10M $408.90M
Income Tax Expense $237.10M $237.10M $248.60M $191.70M $242.20M $248.60M $177.70M $85.40M $307.70M $156.40M $134.50M
+ Net Income $688.00M $688.00M $704.90M $503.00M $757.10M $740.10M $555.90M $467.40M $281.80M $320.70M $274.30M
Net Margin % 7.8% 7.8% 8.1% 6.0% 8.4% 8.8% 8.0% 6.5% 4.3% 5.3% 4.6%
Basic EPS 8.82 8.81 8.77 6.23 9.28 8.93 6.67 5.35 3.19 3.60 3.01
Diluted EPS 8.78 8.79 8.73 6.20 9.21 8.83 6.61 5.28 3.13 3.54 2.95
Basic Shares Outstanding - 78.1M 80.4M 80.7M 81.6M 82.9M 83.4M 87.3M 88.3M 89.1M 91.0M
Diluted Shares Outstanding - 78.3M 80.7M 81.1M 82.2M 83.8M 84.1M 88.6M 90.1M 90.7M 92.9M
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 $202.80M $329.10M $215.00M $167.20M $162.70M $252.30M $232.00M $224.40M $195.10M $158.80M
Accounts Receivable $1.50B $1.47B $1.41B $1.37B $1.42B $1.24B $1.19B $1.18B $1.00B $964.70M
Inventory $975.80M $978.10M $920.70M $1.01B $907.20M $717.20M $651.40M $609.60M $519.10M $478.70M
Other Current Assets $307.80M $305.30M $245.40M $230.50M $240.20M $211.50M $194.30M $188.40M $152.50M $139.80M
Total Current Assets $2.99B $3.08B $2.80B $2.78B $2.73B $2.42B $2.30B $2.24B $1.90B $1.78B
Property Plant & Equipment - - - $1.54B $1.48B $1.34B $1.14B $1.10B $915.20M $847.90M
Goodwill $2.27B $1.98B $2.01B $1.86B $1.88B $1.14B $941.80M $985.10M $793.60M $686.20M
Intangible Assets $827.50M $755.30M $849.10M $840.30M $911.40M $224.90M $144.00M $166.30M $66.70M $45.80M
Other Non-current Assets $978.40M $897.30M $809.60M $810.50M $836.20M $765.00M $451.00M $453.40M $402.90M $406.20M
Total Assets $8.80B $8.40B $8.21B $7.95B $7.97B $6.08B $5.18B $5.14B $4.40B $4.13B
Accounts Payable $1.26B $1.34B $1.28B $1.34B $1.30B $1.05B $1.03B $1.01B $841.90M $814.60M
Short-term Debt $522.90M $592.30M $622.20M $598.60M $318.80M $64.70M $194.60M $265.40M $579.10M $95.30M
Deferred Revenue $16.20M - - - - - - - - -
Other Current Liabilities $380.40M $408.10M $386.80M - - - - - - -
Total Current Liabilities $2.65B $2.86B $2.70B $2.80B $2.55B $1.93B $1.99B $1.97B $2.00B $1.46B
Long-term Debt $3.20B $2.56B $2.62B $2.50B $2.79B $2.05B $1.77B $1.32B $713.40M $963.60M
Common Stock $124.10M $124.10M $124.10M $124.10M $124.10M $124.10M $124.10M $124.10M $124.10M $124.10M
Retained Earnings $5.60B $5.15B $4.69B $4.41B $3.88B $3.35B $2.86B $2.60B $2.47B $2.28B
Treasury Stock - - - - - - - - - $1.59B
Total Stockholders Equity $2.24B $2.31B $2.13B $2.03B $1.92B $1.48B $955.10M $1.05B $925.50M $965.70M
Total Liabilities & Equity $8.80B $8.40B $8.21B $7.95B $7.97B $6.08B $5.18B $5.14B $4.40B $4.13B
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 $688.00M $688.00M $704.90M $503.00M $757.10M $740.10M $555.90M $467.40M $281.80M $320.70M -
Depreciation & Amortization - $328.20M - - - - - - - - -
Stock-based Compensation $50.50M $27.90M $28.70M $22.30M $47.40M $37.20M $24.00M $34.30M $30.20M $27.20M $26.30M
Deferred Income Tax - $-25.10M - - - - - - - - -
Change in Receivables - $-44.00M $107.30M $16.70M $22.10M $113.20M $-14.70M $62.50M $141.20M $88.20M $135.90M
Change in Inventory - $-53.20M $90.70M $-111.70M $140.70M $182.70M $6.00M $70.50M $14.90M $19.60M $34.40M
Change in Payables - $-144.40M $106.70M $-87.60M $68.20M $255.20M $-68.20M $43.60M $83.40M $31.60M $65.50M
Operating Cash Flow $1.06B $881.40M $938.80M $826.00M $961.00M $1.05B $751.30M $457.90M $650.10M $585.30M $473.70M
Capital Expenditure $271.00M $169.00M $208.80M $265.30M $278.10M $255.00M $201.40M $226.70M $190.50M $176.90M $135.80M
Purchases of Investments - - $34.20M - - - - - - - -
Investing Cash Flow $-690.40M $-596.00M $-243.10M $-459.00M $-332.70M $-1.74B $-554.20M $-232.50M $-547.70M $-435.40M $-142.90M
Stock Repurchased $1.19B $572.30M $247.50M $137.50M $379.50M $180.90M $104.30M $392.90M $129.70M $262.40M $232.30M
Dividends Paid $500.70M $288.40M $277.50M $256.70M $238.90M $220.60M $196.80M $175.00M $155.50M $142.50M $133.10M
Financing Cash Flow $-748.30M $-414.90M $-576.10M $-317.20M $-615.20M $604.30M $-207.70M $-208.10M $-83.90M $-106.20M $-367.30M
Net Change in Cash $-372.70M $-126.30M $114.10M $47.80M $4.50M $-89.60M $-1.40M $7.60M $29.30M $36.30M $-48.40M
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 $2.22B $2.18B $6.58B $6.57B
Cost of Revenue $1.58B $1.56B $4.69B $4.65B
Gross Profit $635.00M $626.60M $1.90B $1.92B
Selling General & Admin $353.90M $346.90M $1.05B $1.09B
Interest Expense $33.30M $30.00M $98.20M $87.80M
Other Income/Expense $3.70M $4.90M $10.30M $19.30M
Income Before Tax $234.80M $239.30M $717.30M $712.10M
Income Tax Expense $68.50M $57.60M $195.70M $181.20M
Net Income $166.30M $181.70M $521.60M $530.90M
Basic EPS 2.13 2.26 6.64 6.60
Diluted EPS 2.13 2.25 6.64 6.56
Basic Shares Outstanding $77.90M $80.50M $78.50M $80.50M
Diluted Shares Outstanding $78.00M $80.80M $78.60M $80.90M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $536.30M $329.10M
Accounts Receivable $1.63B $1.47B
Inventory $1.04B $978.10M
Other Current Assets $322.20M $305.30M
Total Current Assets $3.52B $3.08B
Goodwill $2.03B $1.98B
Intangible Assets $694.40M $755.30M
Other Non-current Assets $907.10M $897.30M
Total Assets $8.87B $8.40B
Accounts Payable $1.30B $1.34B
Short-term Debt $578.80M $592.30M
Other Current Liabilities $661.70M $640.70M
Total Current Liabilities $2.79B $2.86B
Long-term Debt $3.20B $2.56B
Common Stock $124.10M $124.10M
Retained Earnings $5.50B $5.15B
Total Stockholders Equity $2.21B $2.31B
Total Liabilities & Equity $8.87B $8.40B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $166.30M $181.70M $521.60M $530.90M
Stock-based Compensation - - $22.70M $24.20M
Change in Working Capital - - $338.60M $296.40M
Operating Cash Flow - - $504.60M $587.60M
Capital Expenditure - - $101.90M $139.30M
Purchases of Investments - - - $34.20M
Investing Cash Flow - - $-104.60M $-169.50M
Stock Repurchased - - $453.60M $107.50M
Dividends Paid - - $216.00M $207.10M
Financing Cash Flow - - $-195.60M $-419.80M
Net Change in Cash - - $207.20M $-2.30M

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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