Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| Q1 27 | $7.17 | $6.73 | -6.1% | — | — | — |
| Q4 26 | $5.65 | $6.15 | +8.8% | — | — | — |
| Q3 26 | $5.08 | $5.81 | +14.4% | — | — | — |
| Q2 26 | $4.77 | $3.86 | -19.1% | — | — | — |
| Q1 26 | $5.21 | $6.43 | +23.4% | — | — | — |
| Q4 25 | $4.92 | $5.96 | +21.1% | — | — | — |
| Q3 25 | $4.69 | $4.54 | -3.2% | — | — | — |
| Q2 25 | $4.81 | $5.86 | +21.8% | — | — | — |
| Q1 25 | $4.76 | $5.26 | +10.5% | — | — | — |
| Q4 24 | $4.96 | $5.1 | +2.8% | — | — | — |
| Q3 24 | $4.47 | $4.14 | -7.4% | — | — | — |
| Q2 24 | $4.68 | $4.74 | +1.3% | — | — | — |
| Q1 24 | $5.22 | $5.18 | -0.8% | — | — | — |
| Q4 23 | $4.71 | $5.65 | +20.0% | — | — | — |
| Q3 23 | $4.52 | $4.51 | -0.2% | — | — | — |
| Q2 23 | $4.82 | $3.44 | -28.6% | — | — | — |
Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY25 | — | $20.6 | — | — | $33.7B | — |
| FY24 | — | $28.6 | — | — | $34.1B | — |
| FY23 | — | $5.19 | — | — | $34.1B | — |
| FY22 | — | $15.2 | — | — | $28.1B |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.5B | $20.4B | $23.8B | $23.6B | $19.8B | $24B | $28.1B | $34.1B | $34.1B | $33.7B |
| YoY change | -8.38% | +16.7% | +16.4% | -0.84% | -16% | +21.3% | +16.9% | +21.3% | +0.11% | -1.27% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.5B | 20.4B | 23.8B | 23.6B | 19.8B | 24B | 28.1B | 34.1B | 34.1B | 33.7B |
| Cost of revenue | 13.1B | 15.3B | 18B | 17.6B | 14.9B | 18.3B | 21.4B | 25.8B | 25.7B | 25.2B |
| Gross profit | 4.5B | 5.1B | 5.7B | 6B | 4.9B | 5.7B | 6.7B | 8.2B | 8.4B | 8.5B |
| Gross margin | 25.5% | 25% | 24.1% | 25.4% | 24.7% | 23.7% | 23.9% | 24.2% | 24.7% | 25.3% |
| Research & development | 637M | 754M | 902M | 1B | 906M | 1.1B | 1.3B | 1.5B | 1.5B | 1.4B |
| Selling, general & administrative | 2.1B | 2.4B | 2.4B | 2.5B | 2.1B | 2.4B | 2.6B | 3.2B | 3.3B | 3.1B |
| Operating expenses | 2.7B | 3.1B | 3.3B | 3.5B | 3B | 3.5B | 4B | 6.7B | 4.9B | 4.5B |
| Operating income | 1.7B | 2B | 2.4B | 2.5B | 1.8B | 2.2B | 2.7B | 1.4B | 3.4B | 3.9B |
| Operating margin | 9.9% | 9.68% | 10.1% | 10.6% | 9.32% | 9.16% | 9.48% | 4.15% | 9.92% | 11.5% |
| Non-operating income, net | 211M | 402M | 417M | 395M | 496M | 580M | 183M | 350M | 1.7B | 216M |
| Pretax income | 1.9B | 2.4B | 2.8B | 2.8B | 2.3B | 2.8B | 2.8B | 1.6B | 4.9B | 4B |
| Income tax | 474M | 1.4B | 566M | 566M | 527M | 587M | 636M | 786M | 835M | 1B |
| Net income | 1.5B | 994M | 2.2B | 2.3B | 1.8B | 2.2B | 2.2B | 840M | 4.1B | 3B |
| Net margin | 8.32% | 4.87% | 9.2% | 9.62% | 9.14% | 9.01% | 7.78% | 2.47% | 11.9% | 8.78% |
| EBITDA | 2.7B | 3B | 3.5B | 3.7B | 3.1B | 3.5B | 3.9B | 3B | 5.1B | 5.6B |
| EPS | 8.25 | 5.99 | 13.2 | 14.5 | 12.1 | 14.7 | 15.2 | 5.19 | 28.6 | 20.6 |
| Diluted EPS | 8.23 | 5.97 | 13.2 | 14.5 | 12 | 14.6 | 15.1 | 5.15 | 28.4 | 20.5 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.4B | 8.5B | 8.4B | 8.8B | 8.5B | 8.4B | 8.2B | 8.6B | 8.3B | 8.5B | 8.4B | 9.5B |
| Cost of revenue | 6.4B | 6.5B | 6.4B | 6.6B | 6.3B | 6.4B | 6B | 6.4B | 6.2B | 6.6B | 6.2B | 7B |
| Gross profit | 2.1B | 2B | 2B | 2.2B | 2.2B | 2B | 2.2B | 2.3B | 2.1B | 2B | 2.2B | 2.5B |
| Gross margin | 24.6% | 23.4% | 24.3% | 24.9% | 25.7% | 24.1% | 26.4% | 26.4% | 25.6% | 22.9% | 26.7% | 26.1% |
| Research & development | 376M | 390M | 369M | 379M | 359M | 356M | 344M | 357M | 345M | 350M | 358M | 385M |
| Selling, general & administrative | 831M | 751M | 809M | 830M | 807M | 801M | 754M | 779M | 789M | 786M | 845M | 893M |
| Operating expenses | 1.2B | 3.2B | 1.2B | 1.2B | 1.2B | 1.3B | 1.1B | 1.2B | 1.1B | 1.1B | 1.2B | 1.3B |
| Operating income | 833M | -1.2B | 830M | 940M | 963M | 664M | 1B | 1.1B | 962M | 781M | 1B | 1.1B |
| Operating margin | 9.88% | -14% | 9.88% | 10.7% | 11.4% | 7.86% | 12.5% | 12.8% | 11.6% | 9.15% | 11.9% | 11.9% |
| Non-operating income, net | 70M | 0 | 1.4B | 93M | 116M | 53M | 114M | 182M | -100M | 44M | -47M | 223M |
| Pretax income | 878M | -1.2B | 2.2B | 977M | 1B | 662M | 1.1B | 1.2B | 830M | 791M | 934M | 1.3B |
| Income tax | 188M | 163M | 193M | 225M | 200M | 217M | 267M | 297M | 271M | 171M | 254M | 325M |
| Net income | 690M | -1.4B | 2B | 752M | 843M | 445M | 850M | 928M | 559M | 620M | 680M | 968M |
| Net margin | 8.18% | -16.3% | 24.1% | 8.55% | 9.97% | 5.27% | 10.4% | 10.7% | 6.72% | 7.26% | 8.1% | 10.2% |
| EBITDA | 1.3B | -883M | 1.2B | 1.4B | 1.4B | 1.1B | 1.5B | 1.6B | 1.4B | 1.2B | 1.5B | 1.7B |
| EPS | 4.63 | -10.1 | 14.1 | 5.3 | 5.9 | 3.04 | 5.99 | 6.46 | 3.88 | 4.29 | 4.73 | 6.76 |
| Diluted EPS | 4.59 | -10.1 | 14 | 5.26 | 5.86 | 3.02 | 5.96 | 6.43 | 3.86 | 4.27 | 4.71 | 6.73 |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market cap | 23.1B | 29.4B | 21.7B | 27.8B | 33.7B | 31.5B | 34.3B | 33.9B | 48.2B | 70.4B | 71.5B |
| Enterprise value | 23.6B | 29.9B | 22.6B | 29.2B | 34.4B | 33B | 40.1B | 38.4B | 53.5B | 74.9B | 77.7B |
| Shares outstanding | 169M | 166.6M | 162.2M | 155.4M | 148.2M | 144.6M | 141.5M | 141.7M | 138.2M | 137.9M | 137.9M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 15.9 | 29.6 | 9.91 | 12.3 | 18.6 | 14.6 | 15.7 | 40.4 | 11.8 | 23.8 | 26.5 |
| P/S | 1.32 | 1.44 | 0.91 | 1.18 | 1.7 | 1.31 | 1.22 | 1 | 1.41 | 2.09 | 2.06 |
| P/B | 3.22 | 3.6 | 2.62 | 3.29 | 3.74 | 3.36 | 3.35 | 3.43 | 4.26 | 5.25 | 5.56 |
| EV/EBITDA | 8.88 | 9.86 | 6.51 | 7.82 | 11.2 | 9.36 | 10.4 | 12.7 | 10.6 | 13.3 | 15.5 |
| EV/Sales | 1.35 | 1.46 | 0.95 | 1.24 | 1.74 | 1.37 | 1.43 | 1.13 | 1.57 | 2.22 | 2.24 |
| Earnings yield | 6.3% | 3.38% | 10.1% | 8.16% | 5.38% | 6.86% | 6.37% | 2.47% | 8.44% | 4.2% | 3.77% |
| FCF yield | 5.82% | 5.74% | 7.35% | 8.65% | 6.38% | 4.83% | 3.05% | 8.11% | 0.58% | 3.39% | 3.12% |
| PEG | — | — | — | — | — | — | — | — | — | — | 5.71 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 25.5% | 25% | 24.1% | 25.4% | 24.7% | 23.7% | 23.9% | 24.2% | 24.7% | 25.3% | 26.1% |
| Operating margin | 9.9% | 9.68% | 10.1% | 10.6% | 9.32% | 9.16% | 9.48% | 4.15% | 9.92% | 11.5% | 11.9% |
| Net margin | 8.32% | 4.87% | 9.2% | 9.62% | 9.14% | 9.01% | 7.78% | 2.47% | 11.9% | 8.78% | 7.82% |
| ROE | 20.3% | 12.2% | 26.5% | 26.8% | 20.1% | 23% | 21.3% | 8.48% | 36% | 22.1% | 21.1% |
| ROA | 9.7% | 5.5% | 11.5% | 11.5% | 8% | 9.13% | 7.2% | 2.62% | 12.9% | 8.7% | 7% |
| ROIC | 17.1% | 9.66% | 20.6% | 20.2% | 14.7% | 16% | 12.9% | 5.08% | 16.9% | 16.1% | 15.6% |
| Return on tangible assets | 10.9% | 7.12% | 14.6% | 15% | 10% | 11.2% | 10.8% | 3.82% | 18.4% | 11.7% | 10.5% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.78 | 1.57 | 1.54 | 1.5 | 1.88 | 1.74 | 1.27 | 1.18 | 1.31 | 1.76 | 1.73 |
| Quick ratio | 1.16 | 1.01 | 0.95 | 0.94 | 1.34 | 1.12 | 0.77 | 0.74 | 0.8 | 1.16 | 1.13 |
| Debt / equity | 0.26 | 0.25 | 0.3 | 0.34 | 0.51 | 0.49 | 0.82 | 0.73 | 0.67 | 0.61 | 0.6 |
| Debt / assets | 0.12 | 0.11 | 0.13 | 0.15 | 0.2 | 0.19 | 0.28 | 0.23 | 0.24 | 0.24 | 0.23 |
| Net debt / EBITDA | 0.18 | 0.14 | 0.27 | 0.37 | 0.25 | 0.4 | 1.5 | 1.48 | 1.05 | 0.8 | 0.76 |
| Interest coverage | 29 | 30.2 | 25.1 | 27 | 24.4 | 25.8 | 15.2 | 5.34 | 14.3 | 13 | 13 |
| Effective tax rate | 24.6% | 58% | 20.6% | 20% | 22.5% | 21.3% | 22.6% | 48.3% | 17% | 25.4% | 26.5% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 103.6 | 122.6 | 146.6 | 151.7 | 133.7 | 166.1 | 198.4 | 240.4 | 246.8 | 244.2 | 251.3 |
| EPS (basic) | 8.25 | 5.99 | 13.2 | 14.5 | 12.1 | 14.7 | 15.2 | 5.19 | 28.6 | 20.6 | 20.6 |
| EPS (diluted) | 8.23 | 5.97 | 13.2 | 14.5 | 12 | 14.6 | 15.1 | 5.15 | 28.4 | 20.5 | 19.6 |
| Book value per share | 42.4 | 49 | 50.9 | 54.5 | 60.7 | 65 | 72.3 | 69.9 | 81.8 | 97.2 | 93.3 |
| FCF per share | 7.96 | 10.1 | 9.83 | 15.5 | 14.5 | 10.5 | 7.39 | 19.4 | 2.02 | 17.3 | 24.3 |
| Cash per share | 8.17 | 9.41 | 9.4 | 9.46 | 26.1 | 22 | 18.2 | 19.3 | 16.4 | 26.2 | 28.5 |
| Capex per share | 0.08 | 0.66 | 0.12 | 0 | 0 | 0.14 | — | — | — | 8.96 | 9.24 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 0.08% | 0.54% | 0.08% | 0% | 0% | 0.08% | — | — | — | 3.67% | 3.69% |
| Capex / operating cash flow | 0.55% | 5.28% | 0.93% | 0% | 0% | 1.15% | — | — | — | 34.1% | 27.5% |
| Payout ratio | 46.4% | 70.5% | 32.8% | 33.6% | 43.2% | 37.4% | 39.2% | 109.6% | 23.8% | 35.7% | 40.9% |
| Dividend yield | 2.93% | 2.38% | 3.31% | 2.74% | 2.32% | 2.56% | 2.49% | 2.71% | 2.01% | 1.5% | 1.7% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Aug 21, 2026 | $2.20 |
| May 22, 2026 | $2.00 |
| Feb 20, 2026 | $2.00 |
| — |
| FY21 | — | $14.7 | — | — | $24B | — |
| FY20 | — | $12.1 | — | — | $19.8B | — |
| FY19 | — | $14.5 | — | — | $23.6B | — |
| FY18 | — | $13.2 | — | — | $23.8B | — |
| FY17 | — | $5.99 | — | — | $20.4B | — |
| FY16 | — | $8.25 | — | — | $17.5B | — |
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.4B | $8.5B | $8.4B | $8.8B | $8.5B | $8.4B | $8.2B | $8.6B | $8.3B | $8.5B | $8.4B | $9.5B |
| YoY change | +15% | +9.95% | -0.59% | +1.83% | +0.3% | -1.12% | -2.73% | -1.74% | -1.64% | +1.05% | +2.74% | +9.42% |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 1.4B | 1.6B | 1.5B | 1.5B | 3.9B | 3.2B | 2.6B | 2.7B | 2.3B | 3.6B |
| Receivables | 3B | 3.6B | 3.9B | 3.4B | 3.4B | 3.6B | 5.2B | 5.6B | 5.2B | 5.8B |
| Inventory | 2.7B | 3.2B | 3.8B | 3.5B | 3.4B | 4.4B | 5.6B | 5.7B | 5.7B | 5.8B |
| Total current assets | 7.7B | 8.9B | 9.8B | 9.4B | 11.9B | 12.3B | 14.5B | 15.2B | 14.8B | 16.9B |
| Property, plant & equipment | 3.8B | 3.9B | 4.1B | 4.7B | 4.7B | 4.9B | 6B | 6.8B | 6.9B | 7.5B |
| Goodwill & intangibles | 1.6B | 4.1B | 4.1B | 4.6B | 4.5B | 4.4B | 10.1B | 10B | 9.4B | 8.8B |
| Total assets | 15B | 18.1B | 19.1B | 19.7B | 22.6B | 23.7B | 30.3B | 32B | 31.5B | 34B |
| Accounts payable | 1.9B | 2.6B | 2.8B | 2.5B | 2.8B | 3B | 4.3B | 4.3B | 4B | 3.8B |
| Short-term debt | 288M | 418M | 879M | 922M | 682M | 708M | 3.5B | 2B | 2.4B | 898M |
| Total current liabilities | 4.3B | 5.7B | 6.4B | 6.3B | 6.3B | 7.1B | 11.4B | 12.9B | 11.2B | 9.6B |
| Long-term debt | 1.6B | 1.6B | 1.6B | 1.9B | 3.9B | 3.9B | 4.9B | 5.2B | 5.2B | 7.2B |
| Total liabilities | 7.8B | 9.9B | 10.8B | 11.3B | 13.6B | 14.3B | 20.1B | 22.1B | 20.2B | 20.6B |
| Shareholders' equity | 7.2B | 8.2B | 8.3B | 8.5B | 9B | 9.4B | 10.2B | 9.9B | 11.3B | 13.4B |
| Total debt | 1.9B | 2B | 2.5B | 2.9B | 4.6B | 4.6B | 8.4B | 7.2B | 7.6B | 8.1B |
| Net debt | 736M | 637M | 1.2B | 1.7B | 1.2B | 2B | 6.3B | 5B | 5.9B | 5.3B |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 2.8B | 2.7B | 3.1B | 2.2B | 2.3B | 2.3B | 2.2B | 3.1B | 3.2B | 3.6B | 3.2B | 3.9B |
| Receivables | 5.7B | 5.6B | 5.5B | 5.6B | 5.4B | 5.2B | 5.7B | 5.9B | 5.6B | 5.8B | 6.5B | 6.6B |
| Inventory | 5.9B | 5.7B | 5.8B | 5.9B | 6.1B | 5.7B | 6.1B | 6.3B | 6.3B | 5.8B | 6.1B | 6.4B |
| Total current assets | 15.9B | 15.2B | 15.6B | 15B | 15.3B | 14.8B | 15.5B | 16.9B | 16.7B | 16.9B | 17.4B | 18.4B |
| Property, plant & equipment | 6.3B | 6.8B | 6.5B | 6.5B | 6.7B | 6.9B | 6.9B | 7.1B | 7.2B | 7.5B | 7.5B | 7.6B |
| Goodwill & intangibles | 9.8B | 10B | 9.7B | 9.8B | 9.7B | 9.4B | 9.6B | 9.7B | 9.1B | 8.8B | 8.8B | 8.8B |
| Total assets | 32.1B | 32B | 31.8B | 31.3B | 32.1B | 31.5B | 32.5B | 34.3B | 33.6B | 34B | 34.4B | 35.6B |
| Accounts payable | 4.3B | 4.3B | 4.5B | 4.4B | 4.2B | 4B | 4.3B | 4.2B | 3.8B | 3.8B | 4.4B | 4.7B |
| Short-term debt | 2.6B | 2B | 1.2B | 2.2B | 2.9B | 2.4B | 2.8B | 1.4B | 930M | 898M | 1.1B | 1.1B |
| Total current liabilities | 11.1B | 12.9B | 11.7B | 11.1B | 11.6B | 11.2B | 11.6B | 10.3B | 9.5B | 9.6B | 10.2B | 10.7B |
| Long-term debt | 5.3B | 5.2B | 6.1B | 5.8B | 5.2B | 5.2B | 5.2B | 7.2B | 7.3B | 7.2B | 7.1B | 7.2B |
| Total liabilities | 20.4B | 22.1B | 21.7B | 20.7B | 20.7B | 20.2B | 20.6B | 21.4B | 20.5B | 20.6B | 21.1B | 21.7B |
| Shareholders' equity | 11.7B | 9.9B | 10.1B | 10.6B | 11.3B | 11.3B | 12B | 12.9B | 13.1B | 13.4B | 13.4B | 13.9B |
| Total debt | 8B | 7.2B | 7.3B | 8B | 8.1B | 7.6B | 8B | 8.7B | 8.2B | 8.1B | 8.2B | 8.3B |
| Net debt | 5.6B | 5B | 4.8B | 6.4B | 6.4B | 5.9B | 6.5B | 6.4B | 5.6B | 5.3B | 5.6B | 5.1B |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 1.5B | 994M | 2.2B | 2.3B | 1.8B | 2.2B | 2.2B | 840M | 4.1B | 3B |
| Depreciation & amortization | 530M | 583M | 611M | 672M | 673M | 662M | 784M | 1B | 1.1B | 1.1B |
| Stock-based compensation | 32M | 41M | 53M | 49M | 31M | 37M | — | — | — | — |
| Change in working capital | 333M | 194M | -589M | 561M | 622M | -906M | -836M | -516M | -592M | -865M |
| Operating cash flow | 2.6B | 2.1B | 2.1B | 3.6B | 2.8B | 1.7B | 2B | 1.1B | 4.3B | 3.6B |
| Capital expenditure | 14M | 110M | 20M | 0 | 0 | 20M | — | — | — | -1.2B |
| Investing cash flow | -323M | -465M | -170M | -375M | -144M | -119M | -3.3B | -430M | -574M | -1.7B |
| Dividends paid | -676M | -701M | -718M | -761M | -782M | -809M | -855M | -921M | -969M | -1.1B |
| Share repurchases | -778M | -451M | -1.1B | -1.3B | -641M | -1.4B | -374M | 0 | 0 | — |
| Financing cash flow | -1.4B | -1.1B | -1.4B | -2.1B | 280M | -2.2B | 1.7B | -2.2B | -173M | -772M |
| Net change in cash | 816M | 552M | 577M | 1.2B | 3B | -544M | 456M | -1.5B | 3.6B | 1.1B |
| Free cash flow | 1.3B | 1.7B | 1.6B | 2.4B | 2.1B | 1.5B | 1B | 2.8B | 279M | 2.4B |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 690M | -1.4B | 2B | 752M | 843M | 445M | 850M | 928M | 559M | 620M | 680M | 968M |
| Depreciation & amortization | 257M | 264M | 265M | 263M | 266M | 271M | 269M | 279M | 277M | 280M | 282M | 281M |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | 197M | 397M | -213M | -305M | -442M | 368M | -494M | -609M | -102M | 340M | -432M | -95M |
| Operating cash flow | 1.2B | -955M | 2.1B | 687M | -647M | 2.2B | 535M | 785M | 1.3B | 1.5B | 309M | 1.5B |
| Capital expenditure | — | — | — | — | — | — | — | -231M | -298M | -544M | -189M | -249M |
| Investing cash flow | 26M | -264M | -237M | -160M | -4M | -173M | -84M | -363M | -165M | -885M | -10M | -419M |
| Dividends paid | -238M | -238M | -239M | -230M | -250M | -250M | -251M | -251M | -276M | -277M | -276M | -276M |
| Share repurchases | 0 | 0 | — | — | — | — | — | — | — | — | -243M | -225M |
| Financing cash flow | -466M | -1.1B | 499M | 308M | -243M | -737M | 92M | 332M | -827M | -369M | -517M | -524M |
| Net change in cash | 793M | -2.3B | 2.3B | 835M | -894M | 1.3B | 543M | 754M | 313M | 280M | -218M | 556M |
| Free cash flow | 1.2B | 940M | 107M | -1.1B | 381M | 882M | -165M | 554M | 1B | 990M | 120M | 1.3B |
| Nov 21, 2025 |
| $2.00 |
| Aug 22, 2025 | $2.00 |
| May 23, 2025 | $1.82 |
| Feb 21, 2025 | $1.82 |
| Nov 22, 2024 | $1.82 |
| Date | Ratio |
|---|---|
| Jan 3, 2008 | 2:1 |
| Apr 10, 2007 | 2:1 |
| Nov 12, 1993 | 2:1 |