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 | $2.8 | $2.84 | +1.4% | — | — | — |
| Q4 26 | $2.56 | $2.66 | +3.9% | — | — | — |
| Q3 26 | $2.69 | $2.72 | +1.1% | — | — | — |
| Q2 26 | $2.72 | $2.81 | +3.3% | — | — | — |
| Q1 26 | $2.56 | $2.58 | +0.8% | — | — | — |
| Q4 25 | $2.35 | $2.38 | +1.3% | — | — | — |
| Q3 25 | $2.5 | $2.54 | +1.6% | — | — | — |
| Q2 25 | $2.53 | $2.65 | +4.7% | — | — | — |
| Q1 25 | $2.47 | $2.54 | +2.8% | — | — | — |
| Q4 24 | $2.36 | $2.73 | +15.7% | — | — | — |
| Q3 24 | $2.41 | $2.42 | +0.4% | — | — | — |
| Q2 24 | $2.45 | $2.55 | +4.1% | — | — | — |
| Q1 24 | $2.41 | $2.41 | 0.0% | — | — | — |
| Q4 23 | $2.23 | $2.33 | +4.5% | — | — | — |
| Q3 23 | $2.57 | $2.95 | +14.8% | — | — | — |
| Q2 23 | $2.25 | $2.35 | +4.4% | — | — | — |
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 | — | $10.5 | — | — | $16B | — |
| FY24 | — | $11.8 | — | — | $15.9B | — |
| FY23 | — | $9.77 | — | — | $16.1B | — |
| FY22 | — | $9.8 | — | — | $15.9B |
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 | $13.6B | $14.3B | $14.8B | $14.1B | $12.6B | $14.5B | $15.9B | $16.1B | $15.9B | $16B |
| YoY change | +1.45% | +5.26% | +3.17% | -4.46% | -10.9% | +15% | +10.2% | +1.1% | -1.3% | +0.92% |
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 | 13.6B | 14.3B | 14.8B | 14.1B | 12.6B | 14.5B | 15.9B | 16.1B | 15.9B | 16B |
| Cost of revenue | 7.9B | 8.3B | 8.6B | 8.2B | 7.4B | 8.5B | 9.4B | 9.3B | 8.9B | 9B |
| Gross profit | 5.7B | 6B | 6.2B | 5.9B | 5.2B | 6B | 6.5B | 6.8B | 7B | 7.1B |
| Gross margin | 41.8% | 42% | 41.7% | 42% | 41.3% | 41.3% | 40.8% | 42.2% | 44.3% | 44.1% |
| Research & development | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 2.4B | 2.4B | 2.4B | 2.4B | 2.2B | 2.4B | 2.6B | 2.6B | 2.7B | 2.8B |
| Operating expenses | 2.4B | 2.4B | 2.4B | 2.4B | 2.2B | 2.4B | 2.6B | 2.6B | 2.7B | 2.8B |
| Operating income | 3.1B | 3.4B | 3.6B | 3.4B | 2.9B | 3.5B | 3.8B | 4B | 4.3B | 4.2B |
| Operating margin | 22.5% | 23.7% | 24.3% | 24.1% | 22.9% | 24.1% | 23.8% | 25.1% | 26.8% | 26.3% |
| Non-operating income, net | 51M | 95M | 32M | 78M | 11M | 39M | 233M | -2M | 397M | 2M |
| Pretax income | 2.9B | 3.3B | 3.4B | 3.3B | 2.7B | 3.3B | 3.8B | 3.8B | 4.4B | 4B |
| Income tax | 873M | 1.6B | 831M | 767M | 595M | 632M | 808M | 866M | 934M | 900M |
| Net income | 2B | 1.7B | 2.6B | 2.5B | 2.1B | 2.7B | 3B | 3B | 3.5B | 3.1B |
| Net margin | 15% | 11.8% | 17.4% | 17.9% | 16.8% | 18.6% | 19% | 18.4% | 21.9% | 19.1% |
| EBITDA | 3.6B | 3.9B | 4.1B | 3.9B | 3.3B | 3.9B | 4.3B | 4.5B | 4.7B | 4.7B |
| EPS | 5.73 | 4.9 | 7.65 | 7.78 | 6.66 | 8.55 | 9.8 | 9.77 | 11.8 | 10.5 |
| Diluted EPS | 5.7 | 4.86 | 7.6 | 7.74 | 6.63 | 8.51 | 9.77 | 9.74 | 11.7 | 10.5 |
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 | 4B | 4B | 4B | 4B | 4B | 3.9B | 3.8B | 4.1B | 4.1B | 4.1B | 4B | 4.3B |
| Cost of revenue | 2.3B | 2.3B | 2.1B | 2.3B | 2.2B | 2.2B | 2.2B | 2.3B | 2.3B | 2.3B | 2.3B | 2.4B |
| Gross profit | 1.7B | 1.7B | 1.8B | 1.8B | 1.7B | 1.7B | 1.7B | 1.8B | 1.8B | 1.8B | 1.8B | 1.9B |
| Gross margin | 42.5% | 42% | 46% | 43.8% | 43.8% | 43.5% | 43.7% | 44% | 44.5% | 44.2% | 43.8% | 44.1% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 615M | 658M | 676M | 686M | 658M | 655M | 706M | 693M | 676M | 704M | 722M | 735M |
| Operating expenses | 615M | 658M | 676M | 686M | 658M | 655M | 706M | 693M | 676M | 704M | 722M | 735M |
| Operating income | 1.1B | 988M | 1.1B | 1.1B | 1.1B | 1B | 951M | 1.1B | 1.1B | 1.1B | 1B | 1.1B |
| Operating margin | 26.5% | 24.8% | 28.4% | 26.2% | 26.5% | 26.2% | 24.8% | 26.4% | 27.4% | 26.5% | 25.4% | 26.7% |
| Non-operating income, net | 10M | -42M | 16M | 26M | 379M | -24M | 12M | 4M | 12M | -26M | 20M | 12M |
| Pretax income | 1B | 927M | 1.1B | 1B | 1.4B | 983M | 895M | 998M | 1B | 1B | 967M | 1.1B |
| Income tax | 241M | 210M | 253M | 246M | 202M | 233M | 195M | 243M | 228M | 234M | 199M | 265M |
| Net income | 772M | 717M | 819M | 759M | 1.2B | 750M | 700M | 755M | 821M | 790M | 768M | 815M |
| Net margin | 19.2% | 18% | 20.6% | 18.8% | 29.2% | 19.1% | 18.2% | 18.6% | 20.2% | 19.3% | 19.1% | 18.9% |
| EBITDA | 1.2B | 1.1B | 1.2B | 1.2B | 1.5B | 1.2B | 1.1B | 1.2B | 1.2B | 1.2B | 1.1B | 1.3B |
| EPS | 2.55 | 2.39 | 2.74 | 2.55 | 3.92 | 2.55 | 2.39 | 2.58 | 2.82 | 2.73 | 2.66 | 2.85 |
| Diluted EPS | 2.55 | 2.38 | 2.73 | 2.54 | 3.91 | 2.54 | 2.38 | 2.58 | 2.81 | 2.72 | 2.66 | 2.84 |
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 | 43.5B | 57.4B | 42.4B | 58.2B | 64.6B | 77.8B | 68.2B | 79.3B | 75.3B | 71.8B | 78B |
| Enterprise value | 48.8B | 62.6B | 48.3B | 64.1B | 70.4B | 84.1B | 75.4B | 86.6B | 82.4B | 80.2B | 87B |
| Shares outstanding | 355M | 344.1M | 335M | 323.9M | 316.9M | 315.1M | 309.6M | 302.6M | 296.8M | 291.5M | 291.5M |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 21.4 | 34 | 16.6 | 23.1 | 30.6 | 28.9 | 22.5 | 26.8 | 21.6 | 23.4 | 24.9 |
| P/S | 3.2 | 4.01 | 2.87 | 4.12 | 5.14 | 5.38 | 4.28 | 4.92 | 4.73 | 4.47 | 4.74 |
| P/B | 10.2 | 12.5 | 13 | 19.2 | 20.3 | 21.4 | 22.1 | 26.3 | 22.7 | 22.3 | 27 |
| EV/EBITDA | 13.4 | 16 | 11.8 | 16.5 | 21.1 | 21.5 | 17.7 | 19.2 | 17.4 | 17.1 | 18.1 |
| EV/Sales | 3.59 | 4.38 | 3.27 | 4.55 | 5.6 | 5.82 | 4.74 | 5.37 | 5.18 | 5 | 5.28 |
| Earnings yield | 4.68% | 2.94% | 6.04% | 4.33% | 3.26% | 3.46% | 4.45% | 3.73% | 4.63% | 4.27% | 4.02% |
| FCF yield | 4.67% | 3.67% | 5.77% | 4.59% | 3.98% | 2.91% | 2.84% | 3.89% | 3.78% | 3.77% | 3.12% |
| PEG | — | — | — | — | — | — | — | — | — | — | 2.38 |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 41.8% | 42% | 41.7% | 42% | 41.3% | 41.3% | 40.8% | 42.2% | 44.3% | 44.1% | 44.1% |
| Operating margin | 22.5% | 23.7% | 24.3% | 24.1% | 22.9% | 24.1% | 23.8% | 25.1% | 26.8% | 26.3% | 26.9% |
| Net margin | 15% | 11.8% | 17.4% | 17.9% | 16.8% | 18.6% | 19% | 18.4% | 21.9% | 19.1% | 19.4% |
| ROE | 47.8% | 36.8% | 78.7% | 83.2% | 66.3% | 74.3% | 98.2% | 98.1% | 105.2% | 95% | 104.6% |
| ROA | 13.4% | 10.1% | 17.2% | 16.7% | 13.5% | 16.8% | 19.7% | 19.1% | 23.1% | 19% | 16.9% |
| ROIC | 22.2% | 17.8% | 29.6% | 29% | 25.2% | 28.2% | 29% | 30.3% | 32.2% | 28.1% | 28.8% |
| Return on tangible assets | 64.4% | 35.7% | 74.6% | 57.5% | 45.2% | 64.1% | 73% | 67.4% | 82.9% | 64.3% | 61.1% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 2.22 | 2.38 | 1.63 | 2.9 | 2.52 | 1.84 | 1.41 | 1.33 | 1.36 | 1.21 | 1.11 |
| Quick ratio | 1.83 | 1.98 | 1.26 | 2.36 | 2.06 | 1.35 | 0.95 | 0.97 | 0.99 | 0.89 | 0.81 |
| Debt / equity | 1.84 | 1.81 | 2.27 | 2.62 | 2.61 | 2.17 | 2.57 | 2.78 | 2.44 | 2.86 | 3.35 |
| Debt / assets | 0.52 | 0.5 | 0.5 | 0.53 | 0.53 | 0.49 | 0.52 | 0.54 | 0.54 | 0.57 | 0.59 |
| Net debt / EBITDA | 1.48 | 1.34 | 1.43 | 1.53 | 1.72 | 1.62 | 1.7 | 1.62 | 1.51 | 1.78 | 1.84 |
| Interest coverage | 13.3 | 13.6 | 14.2 | 15.9 | 14.1 | 17.5 | 19.9 | 15.4 | 16.6 | 14.6 | 14.6 |
| Effective tax rate | 30% | 48.4% | 24.5% | 23.3% | 22% | 19% | 21% | 22.7% | 21.1% | 22.7% | 22.5% |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | 38.3 | 41.6 | 44.1 | 43.6 | 39.7 | 45.9 | 51.5 | 53.2 | 53.6 | 55 | 57 |
| EPS (basic) | 5.73 | 4.9 | 7.65 | 7.78 | 6.66 | 8.55 | 9.8 | 9.77 | 11.8 | 10.5 | 10.5 |
| EPS (diluted) | 5.7 | 4.86 | 7.6 | 7.74 | 6.63 | 8.51 | 9.77 | 9.74 | 11.7 | 10.5 | 11 |
| Book value per share | 12 | 13.3 | 9.73 | 9.35 | 10 | 11.5 | 9.98 | 9.96 | 11.2 | 11.1 | 10.2 |
| FCF per share | 5.72 | 6.12 | 7.3 | 8.24 | 8.11 | 7.18 | 6.25 | 10.2 | 9.58 | 9.29 | 10.2 |
| Cash per share | 6.96 | 8.99 | 4.49 | 6.12 | 8.09 | 4.85 | 2.29 | 3.52 | 3.19 | 2.92 | 2.95 |
| Capex per share | 0.72 | 0.82 | 1.01 | 0.93 | 0.71 | 0.91 | 1.28 | 1.44 | 1.43 | — | — |
| Metric | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | 1.89% | 1.98% | 2.29% | 2.13% | 1.8% | 1.99% | 2.49% | 2.7% | 2.67% | — | — |
| Capex / operating cash flow | 11% | 11% | 11.8% | 9.58% | 8.22% | 11.9% | 16.2% | 11.9% | 11.3% | — | — |
| Payout ratio | 40.3% | 55.8% | 43.9% | 52.4% | 65.4% | 54.3% | 50.8% | 54.6% | 48.6% | 58.2% | 58.3% |
| Dividend yield | 1.89% | 1.64% | 2.65% | 2.27% | 2.13% | 1.88% | 2.26% | 2.04% | 2.25% | 2.49% | 2.35% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Jun 30, 2026 | $1.61 |
| Mar 31, 2026 | $1.61 |
| Dec 31, 2025 | $1.61 |
| — |
| FY21 | — | $8.55 | — | — | $14.5B | — |
| FY20 | — | $6.66 | — | — | $12.6B | — |
| FY19 | — | $7.78 | — | — | $14.1B | — |
| FY18 | — | $7.65 | — | — | $14.8B | — |
| FY17 | — | $4.9 | — | — | $14.3B | — |
| FY16 | — | $5.73 | — | — | $13.6B | — |
| 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 | $4B | $4B | $4B | $4B | $4B | $3.9B | $3.8B | $4.1B | $4.1B | $4.1B | $4B | $4.3B |
| YoY change | +0.5% | +0.3% | -1.14% | -1.15% | -1.61% | -1.28% | -3.37% | +0.65% | +2.34% | +4.09% | +4.61% | +6.12% |
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 | 2.5B | 3.1B | 1.5B | 2B | 2.6B | 1.5B | 708M | 1.1B | 948M | 851M |
| Receivables | 2.4B | 2.6B | 2.6B | 2.5B | 2.5B | 2.8B | 3.2B | 3.1B | 3B | 3.2B |
| Inventory | 1.1B | 1.2B | 1.3B | 1.2B | 1.2B | 1.7B | 2.1B | 1.7B | 1.6B | 1.7B |
| Total current assets | 6.1B | 7.3B | 5.8B | 6.3B | 6.5B | 6.4B | 6.3B | 6.2B | 5.9B | 6.2B |
| Property, plant & equipment | 355M | 408M | 588M | 578M | 561M | 569M | 646M | 734M | 740M | 819M |
| Goodwill & intangibles | 12B | 12B | 11.4B | 10.7B | 10.9B | 11.9B | 11.3B | 11.1B | 10.9B | 11.4B |
| Total assets | 15.2B | 16.8B | 14.9B | 15.1B | 15.6B | 16.1B | 15.4B | 15.5B | 15.1B | 16.1B |
| Accounts payable | 511M | 590M | 524M | 472M | 534M | 585M | 594M | 581M | 519M | 522M |
| Short-term debt | 652M | 850M | 1.4B | 55M | 405M | 839M | 1.6B | 1.9B | 1.6B | 2.3B |
| Total current liabilities | 2.8B | 3.1B | 3.5B | 2.2B | 2.6B | 3.5B | 4.5B | 4.7B | 4.3B | 5.1B |
| Long-term debt | 7.2B | 7.5B | 6B | 7.9B | 7.9B | 7B | 6.3B | 6.5B | 6.5B | 6.9B |
| Total liabilities | 10.9B | 12.2B | 11.6B | 12B | 12.4B | 12.5B | 12.3B | 12.5B | 11.8B | 12.9B |
| Shareholders' equity | 4.3B | 4.6B | 3.3B | 3B | 3.2B | 3.6B | 3.1B | 3B | 3.3B | 3.2B |
| Total debt | 7.8B | 8.3B | 7.4B | 7.9B | 8.3B | 7.9B | 7.9B | 8.4B | 8.1B | 9.2B |
| Net debt | 5.4B | 5.2B | 5.9B | 6B | 5.7B | 6.4B | 7.2B | 7.3B | 7.1B | 8.4B |
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 | 990M | 1.1B | 959M | 862M | 947M | 948M | 873M | 788M | 924M | 851M | 827M | 839M |
| Receivables | 3.2B | 3.1B | 3.2B | 3.3B | 3.2B | 3B | 3.2B | 3.3B | 3.3B | 3.2B | 3.4B | 3.6B |
| Inventory | 1.8B | 1.7B | 1.8B | 1.8B | 1.8B | 1.6B | 1.7B | 1.7B | 1.7B | 1.7B | 1.7B | 1.8B |
| Total current assets | 6.3B | 6.2B | 6.4B | 6.3B | 6.3B | 5.9B | 6B | 6.2B | 6.3B | 6.2B | 6.3B | 6.6B |
| Property, plant & equipment | — | 734M | — | — | — | 740M | — | — | — | 819M | — | — |
| Goodwill & intangibles | 11B | 11.1B | 11.1B | 11.1B | 11.2B | 10.9B | 10.9B | 11.2B | 11.1B | 11.4B | 11.3B | 11.3B |
| Total assets | 15.4B | 15.5B | 15.7B | 15.6B | 15.8B | 15.1B | 15.5B | 16B | 16.1B | 16.1B | 16.3B | 16.5B |
| Accounts payable | 580M | 581M | 597M | 576M | 556M | 519M | 594M | 613M | 608M | 522M | 609M | 636M |
| Short-term debt | 1.2B | 1.9B | 2.1B | 2B | 1.8B | 1.6B | 981M | 1.2B | 1.3B | 2.3B | 2.5B | 3.1B |
| Total current liabilities | 4B | 4.7B | 4.8B | 4.8B | 4.6B | 4.3B | 3.8B | 3.9B | 4.1B | 5.1B | 5.3B | 6B |
| Long-term debt | 6.8B | 6.5B | 6.3B | 6.4B | 6.6B | 6.5B | 7.3B | 7.7B | 7.7B | 6.9B | 6.6B | 6.5B |
| Total liabilities | 12.4B | 12.5B | 12.6B | 12.6B | 12.4B | 11.8B | 12.2B | 12.8B | 12.9B | 12.9B | 13B | 13.6B |
| Shareholders' equity | 3B | 3B | 3B | 3B | 3.4B | 3.3B | 3.2B | 3.2B | 3.2B | 3.2B | 3.2B | 2.9B |
| Total debt | 8.1B | 8.4B | 8.3B | 8.5B | 8.3B | 8.1B | 8.3B | 8.9B | 8.9B | 9.2B | 9.1B | 9.7B |
| Net debt | 7.1B | 7.3B | 7.4B | 7.6B | 7.4B | 7.1B | 7.4B | 8.1B | 8B | 8.4B | 8.3B | 8.9B |
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 | 2B | 1.7B | 2.6B | 2.5B | 2.1B | 2.7B | 3B | 3B | 3.5B | 3.1B |
| Depreciation & amortization | 470M | 462M | 461M | 426M | 427M | 410M | 410M | 395M | 402M | 397M |
| Stock-based compensation | 39M | 36M | 40M | 41M | 42M | 53M | 63M | 69M | 61M | 69M |
| Change in working capital | 61M | 321M | -255M | 115M | 191M | -604M | -916M | 338M | 97M | -222M |
| Operating cash flow | 2.3B | 2.6B | 2.9B | 3.1B | 2.7B | 2.4B | 2.4B | 3.7B | 3.8B | 3.1B |
| Capital expenditure | -257M | -283M | -338M | -301M | -226M | -288M | -397M | -435M | -425M | — |
| Investing cash flow | -699M | -251M | -325M | -183M | -214M | -984M | -110M | -403M | -144M | -113M |
| Dividends paid | -821M | -941M | -1.1B | -1.3B | -1.4B | -1.5B | -1.5B | -1.6B | -1.7B | -1.8B |
| Share repurchases | -2B | -1B | -2B | -1.5B | -706M | -1B | -1.8B | -1.5B | -1.5B | -1.5B |
| Financing cash flow | -2.3B | -1.7B | -4B | -2.3B | -2B | -2.6B | -3B | -2.8B | -3.2B | -2.7B |
| Net change in cash | -608M | 655M | -1.4B | 632M | 485M | -1.1B | -666M | 480M | 427M | 269M |
| Free cash flow | 2B | 2.1B | 2.4B | 2.7B | 2.6B | 2.3B | 1.9B | 3.1B | 2.8B | 2.7B |
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 | 772M | 717M | 819M | 759M | 1.2B | 750M | 700M | 755M | 821M | 790M | 768M | 815M |
| Depreciation & amortization | 97M | 99M | 97M | 99M | 104M | 102M | 95M | 99M | 100M | 103M | 99M | 98M |
| Stock-based compensation | 17M | 17M | 15M | 19M | 14M | 13M | 16M | 19M | 17M | 17M | 18M | 22M |
| Change in working capital | 90M | 285M | -72M | -285M | 163M | 291M | -21M | -332M | 74M | 57M | -155M | -295M |
| Operating cash flow | 986M | 1B | 793M | 589M | 1.2B | 1.1B | 778M | 527M | 1B | 963M | 623M | 723M |
| Capital expenditure | -120M | -122M | -93M | -113M | -103M | -116M | -93M | -97M | — | — | — | — |
| Investing cash flow | -103M | -120M | -152M | -169M | 294M | -117M | -92M | -92M | 1M | -120M | -6M | 5M |
| Dividends paid | -396M | -421M | -419M | -418M | -415M | -443M | -441M | -439M | -438M | -467M | -465M | -463M |
| Share repurchases | -375M | -375M | -375M | -375M | -375M | -375M | -375M | -375M | -375M | -375M | -375M | -750M |
| Financing cash flow | -788M | -877M | -524M | -2.2B | -1.1B | -943M | -588M | -563M | -775M | -818M | -547M | -632M |
| Net change in cash | 95M | 28M | 117M | -1.8B | 404M | 87M | 98M | -128M | 247M | 25M | 70M | 96M |
| Free cash flow | 856M | 908M | 494M | 571M | 783M | 996M | 496M | 449M | 904M | 858M | 528M | 631M |
| Sep 30, 2025 |
| $1.61 |
| Jun 30, 2025 | $1.50 |
| Mar 31, 2025 | $1.50 |
| Dec 31, 2024 | $1.50 |
| Sep 30, 2024 | $1.50 |
| Date | Ratio |
|---|---|
| May 26, 2006 | 2:1 |
| May 28, 1997 | 2:1 |
| Jun 21, 1993 | 2:1 |
| May 27, 1987 | 2:1 |
| May 23, 1984 | 2:1 |