Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise-5.9%
Next ReportOct 27, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Jul 28, 2026
$0.64
$0.70
-8.2%
March 31, 2026
$0.51
$0.70
-27.6%
Dec. 31, 2025
$0.68
$0.77
-11.4%
Sept. 30, 2025
$1.52
$1.41
7.7%
June 30, 2025
$1.70
$1.59
6.7%
March 31, 2025
$1.31
$1.35
-2.9%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement17
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue
$18.50B
$17.88B
$17.36B
$17.47B
$14.78B
$12.09B
$11.41B
$10.94B
$10.77B
$9.88B
$8.75B
$8.58B
Cost of Revenue
$16.14B
$15.57B
$16.24B
$15.66B
$13.41B
$11.25B
$10.34B
$10.09B
$9.30B
$8.77B
$7.45B
$7.19B
Gross Profit
$2.36B
$2.31B
$1.12B
$1.81B
$1.37B
$838M
$1.07B
$843M
$1.47B
$1.10B
$1.30B
$1.39B
R&D Expense
$18M
$12M
$6M
$12M
$5M
$5M
$5M
$4M
$4M
$4M
$4M
$4M
SG&A Expense
$713M
$713M
$552M
$605M
$1.15B
$593M
$380M
$343M
$390M
$311M
$232M
$189M
Operating Income
$1.61B
$1.51B
$522M
$1.18B
$211M
$245M
$691M
$496M
$1.07B
$792M
$1.06B
$1.20B
Interest Expense
$161M
$161M
$202M
$153M
$146M
$126M
$133M
$163M
$107M
$76M
$47M
$82M
Interest Income
$51M
$73M
$36M
$9M
$6M
$7M
$14M
$14M
$8M
$2M
$4M
$5M
Other Non-op
$6M
$-15M
$30M
$23M
$12M
$40M
$-5M
$3M
$7M
$9M
$9M
$5M
Pretax Income
$1.50B
$1.41B
$365M
$1.03B
$92M
$162M
$618M
$332M
$982M
$724M
$1.00B
$1.10B
Income Tax
$419M
$325M
$43M
$279M
$61M
$67M
$161M
$85M
$264M
$244M
$338M
$391M
Net Income
$1.08B
$1.09B
$322M
$746M
$31M
$95M
$456M
$248M
$695M
$441M
$646M
$712M
EPS (Basic)
$4.56
$4.58
$1.36
$3.11
$0.13
$0.39
$1.83
$1.00
$2.79
$1.74
$2.50
$2.75
EPS (Diluted)
$4.54
$4.57
$1.36
$3.10
$0.13
$0.39
$1.83
$1.00
$2.79
$1.73
$2.50
$2.74
Shares (Basic)
237,427,000
237,008,000
236,725,000
239,766,000
243,652,000
245,944,000
249,401,000
248,945,000
248,738,000
253,669,000
258,442,000
258,974,000
Shares (Diluted)
238,449,000
237,800,000
237,297,000
240,394,000
244,129,000
246,124,000
249,709,000
249,149,000
248,971,000
254,126,000
258,676,000
259,471,000
EBITDA
$2.07B
$1.94B
$942M
$1.58B
·
·
$978M
$775M
$1.35B
·
$1.20B
$1.36B
Balance Sheet32
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Cash & Equivalents
$640M
$2.04B
$698M
$401M
$428M
$548M
$261M
$338M
$582M
$293M
$440M
$576M
Short-term Investments
·
·
·
·
·
·
·
·
·
·
·
$0
Receivables
$1.16B
$1.00B
$1.13B
$1.10B
$1.01B
$742M
$741M
$562M
$565M
$446M
$349M
$379M
Inventory
$2.03B
$1.78B
$1.99B
$1.99B
$1.58B
$1.36B
$1.38B
$1.16B
$1.26B
$976M
$801M
$790M
Prepaid Expense
$273M
$201M
$196M
$211M
$238M
$183M
$132M
$112M
$103M
$82M
$76M
$95M
Other Current Assets
·
·
·
·
·
·
·
·
·
·
·
$140M
Current Assets
$4.24B
$5.12B
$4.20B
$3.89B
$3.31B
$2.90B
$2.60B
$2.23B
$2.52B
$1.81B
$1.75B
$1.86B
PP&E (Net)
·
$3.14B
$3.16B
$2.94B
$2.92B
$2.66B
$2.59B
$2.16B
$2.10B
$1.83B
$1.35B
$1.18B
PP&E (Gross)
·
·
·
·
·
·
·
$4.84B
$4.67B
$4.22B
$3.10B
$2.87B
Accum. Depreciation
·
·
·
·
·
·
·
$2.68B
$2.57B
$2.39B
$1.75B
$1.69B
Goodwill
$1.34B
$1.24B
$1.29B
$1.23B
$1.34B
$1.01B
$974M
$950M
$1.00B
$887M
$1.07B
$0
Intangibles
$832M
$806M
$854M
$846M
$963M
$590M
$596M
$564M
$617M
$472M
$579M
$27M
Other Non-current Assets
$113M
$62M
$36M
$42M
$32M
$25M
$36M
$17M
$18M
$19M
$16M
$24M
Total Assets
$10.34B
$10.65B
$9.81B
$9.26B
$8.91B
$7.47B
$7.10B
$5.93B
$6.25B
$5.02B
$3.32B
$3.09B
Accounts Payable
$2.77B
$2.49B
$2.46B
$2.49B
$1.38B
$1.03B
$994M
$828M
$733M
$790M
$483M
$399M
Accrued Liabilities
$1.10B
$1.02B
$927M
$851M
$860M
$808M
$575M
$389M
$410M
$347M
$315M
$312M
Short-term Debt
·
·
·
·
·
·
·
·
·
$0
$29M
·
Current Liabilities
$2.89B
$2.55B
$2.50B
$2.57B
$2.39B
$1.94B
$1.65B
$1.30B
$1.45B
$1.19B
$847M
$720M
Capital Leases
$199M
$196M
$203M
$231M
$271M
$217M
$235M
·
·
·
·
·
Deferred Tax
$452M
$423M
$386M
$364M
$369M
$340M
$302M
$237M
$208M
$252M
$132M
$74M
Other Non-current Liabilities
$15M
$20M
$40M
$71M
$102M
$149M
$97M
$75M
$96M
$103M
$92M
$97M
Total Liabilities
$6.65B
$6.40B
$6.47B
$6.40B
$6.32B
$4.90B
$4.57B
$3.91B
$4.39B
$2.94B
$2.06B
$895M
Long-term Debt
·
$3.21B
$3.34B
·
·
·
·
$2.35B
$2.71B
$1.43B
$1.00B
$4M
Total Debt
$924.0K
$3.21B
$674.0K
$26M
·
·
$26M
$2.35B
$2.71B
·
$986M
$4M
Common Stock
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$307M
$3M
$3M
Paid-in Capital
$2.02B
$1.99B
$1.98B
$1.97B
$1.96B
$1.95B
$1.96B
$1.95B
$1.93B
$3.10B
$1.68B
$1.66B
Retained Earnings
$2.25B
$3.16B
$2.07B
$1.75B
$1.00B
$973M
$878M
$422M
$174M
$-783M
$-261M
$591M
Treasury Stock
$545M
$545M
$545M
$545M
$345M
$345M
$235M
$232M
$232M
$217M
$99M
$0
AOCI
$-47M
$-370M
$-176M
$-336M
$-48M
$-21M
$-75M
$-128M
$-31M
$-330M
$-59M
$-63M
Stockholders' Equity
$3.68B
$4.24B
$3.33B
$2.84B
$2.58B
$2.56B
$2.53B
$2.01B
$1.85B
$2.08B
$1.26B
$2.19B
Liabilities + Equity
$10.34B
$10.65B
$9.81B
$9.26B
$8.91B
$7.47B
$7.10B
$5.93B
$6.25B
$5.02B
$3.32B
$3.09B
Shares Outstanding
262,688,000
262,263,000
261,931,000
261,611,000
261,347,000
261,185,000
261,119,000
248,965,081
248,752,508
249,046,139
254,823,286
259,029,033
Cash Flow20
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
D&A
$456M
$434M
$420M
$403M
$381M
$337M
$287M
$274M
$272M
$232M
$174M
$156M
Stock-based Comp
$29M
$15M
$7M
$7M
$12M
$-276.0K
$10M
$13M
$3M
$6M
$3M
$5M
Deferred Tax
$10M
$5M
$7M
$21M
$-86M
$37M
$42M
$33M
$-50M
$-5M
$20M
$79M
Amort. of Intangibles
$33M
$32M
$33M
$34M
$26M
$23M
$23M
$26M
$26M
$19M
$8M
$6M
Restructuring
$31M
$93M
$44M
$30M
$6M
$123.0K
$-84.0K
$5M
$10M
$1M
$6M
$2M
Other Non-cash
$-206M
$450M
$-77M
$-507M
·
·
$-129M
$-82M
$-124M
·
$139M
$115M
Operating Cash Flow
$1.37B
$1.99B
$678M
$670M
$326M
$724M
$667M
$492M
$801M
$795M
$1.02B
$1.07B
CapEx
$255M
$458M
$558M
$487M
$382M
$355M
$348M
$349M
$340M
$341M
$190M
$171M
Investing Cash Flow
$-706M
$-461M
$-503M
$-445M
$-1.32B
$-327M
$-717M
$-339M
$-992M
$-328M
$-549M
$-63M
Debt Issued
$0
$0
$1.77B
$363M
$2.95B
$405M
$259M
$748M
$1.87B
$593M
$1.68B
$0
Net Debt Issued
$-115M
$-152M
$152M
$-26M
·
·
$-30M
$-369M
$1.24B
·
$996M
$-910M
Stock Issued
·
·
·
·
·
·
·
·
·
·
·
$332.0K
Stock Repurchased
·
·
·
·
·
·
·
·
·
·
$99M
$0
Net Stock Activity
·
·
·
·
·
·
·
·
·
·
$-99M
$332.0K
Dividends Paid
$1.99B
$0
$0
·
·
·
·
$0
$0
$715M
$1.50B
$0
Financing Cash Flow
$-2.11B
$-151M
$117M
$-232M
$901M
$-137M
$-35M
$-384M
$466M
$-828M
$-585M
$-906M
Net Change in Cash
$-1.40B
$1.31B
$296M
$-15M
$-98M
$268M
$-81M
$-228M
$292M
$-399M
$-118M
$68M
Taxes Paid
$362M
$198M
$20M
·
·
·
·
·
·
·
·
·
Free Cash Flow
$653M
$1.53B
$120M
$183M
·
·
$318M
$143M
$461M
·
$801M
$895M
Levered FCF
$537M
$1.41B
$-58M
$72M
·
·
$220M
$22M
$383M
·
$777M
$64.24B
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Gross Margin
12.8%
12.9%
6.4%
10.4%
·
·
9.4%
7.7%
13.7%
·
15.3%
16.2%
Operating Margin
8.7%
8.4%
3.0%
6.7%
·
·
6.0%
4.5%
10.0%
·
12.8%
14.0%
Net Margin
5.9%
6.1%
1.8%
4.3%
·
·
4.0%
2.3%
6.5%
·
7.9%
8.3%
Pretax Margin
8.1%
7.9%
2.1%
5.9%
·
·
5.4%
3.0%
9.1%
·
12.1%
0.01%
EBITDA Margin
11.2%
10.8%
5.4%
9.0%
·
·
8.6%
7.1%
12.5%
·
14.7%
15.8%
ROA
10.3%
10.6%
3.4%
8.2%
·
·
7.0%
4.1%
12.3%
·
20.2%
22.6%
ROE
27.3%
28.7%
10.4%
27.5%
·
·
20.1%
12.9%
35.4%
·
37.4%
38.6%
ROIC
31.6%
15.6%
13.8%
29.9%
·
·
20.0%
8.4%
17.2%
·
30.3%
-42234.2%
Liquidity & Solvency5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Current Ratio
1.5
2.0
1.7
1.5
·
·
1.6
1.7
1.7
·
2.1
2.5
Quick Ratio
0.6
1.2
0.7
0.6
·
·
0.6
0.7
0.8
·
0.9
1.3
Debt / Equity
0.0
0.8
0.0
0.0
·
·
0.0
1.2
1.5
·
0.8
0.0
LT Debt / Equity
·
0.8
·
·
·
·
·
1.2
1.4
·
0.8
0.0
Interest Coverage
10.0
9.3
2.6
7.7
·
·
5.2
3.0
10.0
·
27.8
14.7
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Asset Turnover
1.8
1.7
1.8
1.9
·
·
1.8
1.8
1.9
·
2.6
2.7
Inventory Turnover
8.5
8.3
8.2
8.8
·
·
8.1
8.4
8.3
·
8.7
9.0
Receivables Turnover
17.1
16.8
15.6
16.6
·
·
17.5
19.4
21.3
·
22.5
22.7
Per Share5
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Book Value / Share
$15.49
$17.88
$14.07
$12.01
·
·
$10.12
$8.07
$7.42
·
$4.94
$8.47
Revenue / Share
$77.57
$75.18
$73.17
$72.67
·
·
$45.69
$43.90
$43.25
·
$31.62
$33.08
Cash Flow / Share
$5.75
$8.37
$2.86
$2.79
·
·
$2.67
$1.97
$3.22
·
$3.78
$4.11
Cash / Share
$2.70
$8.61
$2.95
$1.70
·
·
$1.04
$1.36
$2.34
·
$1.73
$2.22
EPS (TTM)
$4.54
$4.57
$1.36
$3.10
$0.13
$0.39
$1.83
$1.00
$2.79
$1.73
$2.50
$2.74
Growth Rates9
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue YoY
3.5%
3.0%
-0.61%
18.2%
22.2%
·
·
·
·
·
·
·
Revenue CAGR 3Y
1.9%
6.6%
12.8%
·
·
·
·
·
·
·
·
·
Revenue CAGR 5Y
8.9%
·
·
·
·
·
·
·
·
·
·
·
EPS YoY
-0.66%
236.0%
-56.1%
2284.6%
-66.7%
·
·
·
·
·
·
·
EPS CAGR 3Y
13.6%
227.6%
51.6%
·
·
·
·
·
·
·
·
·
EPS CAGR 5Y
63.4%
·
·
·
·
·
·
·
·
·
·
·
Net Income YoY
-0.38%
237.8%
-56.9%
2306.2%
-67.3%
·
·
·
·
·
·
·
Net Income CAGR 3Y
13.2%
227.2%
50.3%
·
·
·
·
·
·
·
·
·
Net Income CAGR 5Y
62.8%
·
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)17
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue TTM
$18.50B
$17.88B
$17.36B
$17.47B
$14.78B
$12.09B
$11.41B
$10.94B
$10.77B
$9.88B
$8.75B
$8.58B
Net Income TTM
$1.08B
$1.09B
$322M
$746M
$31M
$95M
$456M
$248M
$695M
$441M
$646M
$712M
Market Cap
$9.46B
$10.89B
$6.55B
$5.63B
·
·
$8.23B
$3.88B
$7.73B
·
$5.73B
$8.83B
Enterprise Value
$8.82B
$12.05B
$5.85B
$5.25B
·
·
$7.99B
$5.90B
$9.85B
·
$6.28B
$8.25B
P/E
8.8
10.0
20.3
7.7
211.9
49.6
18.0
15.6
11.1
11.0
9.0
12.4
P/S
0.5
0.6
0.4
0.3
·
·
0.7
0.4
0.7
·
0.7
1.0
P/B
2.6
2.6
2.0
2.0
·
·
3.3
1.9
4.2
·
4.6
4.0
P / Tangible Book
6.3
5.0
5.5
7.3
24.3
4.9
·
·
·
·
·
·
P / Cash Flow
6.9
5.5
9.7
8.4
·
·
12.3
7.9
9.6
·
5.9
8.3
P / FCF
14.5
7.1
54.5
30.8
·
·
25.8
27.2
16.7
·
7.2
9.9
EV / EBITDA
4.3
6.2
6.2
3.3
·
·
8.2
7.6
7.3
·
5.2
6.1
EV / FCF
13.5
7.9
48.7
28.7
·
·
25.1
41.2
21.4
·
7.8
9.2
EV / Revenue
0.5
0.7
0.3
0.3
·
·
0.7
0.5
0.9
·
0.7
1.0
Dividend Yield
21.1%
0.00%
0.00%
·
·
·
·
0.00%
0.00%
·
26.2%
0.00%
Earnings Yield
11.4%
10.0%
4.9%
13.0%
0.47%
2.0%
5.5%
6.4%
9.0%
9.1%
11.1%
8.0%
Payout Ratio
184.3%
·
·
·
·
·
·
0.00%
0.00%
·
232.0%
·
Annual Payout
$1.99B
$0
$0
·
·
·
·
$0
$0
$715M
$1.50B
$0
Income Statement16
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue
$4.63B
$4.53B
$4.52B
$4.76B
$4.76B
$4.46B
$4.37B
$4.58B
$4.56B
$4.36B
$4.53B
$4.36B
$4.31B
$4.17B
$4.13B
$4.47B
Cost of Revenue
$4.29B
$4.19B
$4.09B
$4.10B
$4.04B
$3.91B
$3.82B
$3.90B
$3.87B
$3.98B
$4.21B
$4.01B
$4.03B
$3.99B
$4.03B
$3.97B
Gross Profit
$340M
$345M
$429M
$659M
$715M
$555M
$553M
$684M
$692M
$384M
$321M
$346M
$278M
$173M
$96M
$497M
SG&A Expense
$265M
$180M
$215M
$165M
$199M
$134M
$235M
$145M
$214M
$119M
$131M
$139M
$148M
$134M
$143M
$158M
Operating Income
$66M
$163M
$204M
$493M
$512M
$404M
$307M
$508M
$441M
$250M
$184M
$206M
$100M
$31M
$-78M
$339M
Interest Expense
$50M
$38M
$39M
$38M
$42M
$42M
$47M
$42M
$31M
$41M
$67M
$46M
$47M
$43M
$41M
$37M
Interest Income
$4M
$7M
$6M
$9M
$11M
$25M
$24M
$22M
$16M
$10M
$12M
$12M
$8M
$4M
$4M
$3M
Other Non-op
$614.0K
$1M
$2M
$3M
$-414.0K
$692.0K
$-10M
$-8M
$-504.0K
$3M
$4M
$2M
$1M
$23M
$2M
$20M
Pretax Income
$22M
$132M
$175M
$461M
$476M
$390M
$276M
$482M
$427M
$227M
$157M
$166M
$46M
$-3M
$-130M
$325M
Income Tax
$9M
$30M
$87M
$118M
$120M
$94M
$41M
$132M
$101M
$52M
$22M
$45M
$-15M
$-9M
$25M
$66M
Net Income
$13M
$101M
$88M
$343M
$356M
$296M
$236M
$350M
$326M
$174M
$135M
$121M
$60M
$5M
$-155M
$258M
EPS (Basic)
$0.06
$0.43
$0.37
$1.44
$1.50
$1.25
$0.98
$1.48
$1.38
$0.74
$0.57
$0.51
$0.26
$0.02
$-0.63
$1.08
EPS (Diluted)
$0.06
$0.43
$0.37
$1.44
$1.49
$1.24
$1.00
$1.47
$1.37
$0.73
$0.58
$0.51
$0.25
$0.02
$-0.63
$1.08
Shares (Basic)
237,928,000
237,712,000
·
237,546,000
237,381,000
237,235,000
·
237,123,000
236,943,000
236,844,000
·
236,787,000
236,733,000
236,585,000
·
238,559,000
Shares (Diluted)
238,843,000
238,559,000
·
238,526,000
238,427,000
238,280,000
·
237,891,000
237,733,000
237,491,000
·
237,347,000
237,209,000
237,164,000
·
239,208,000
EBITDA
$189M
$281M
·
$609M
$626M
$509M
·
$508M
$441M
$354M
·
$206M
$100M
$130M
·
$339M
Balance Sheet26
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Cash & Equivalents
$389M
$542M
$640M
$613M
$849M
$2.07B
$2.04B
$1.88B
$1.32B
$871M
·
$899M
$731M
$151M
·
$654M
Receivables
·
$1.07B
$1.16B
$1.13B
$1.13B
$1.11B
$1.00B
$1.07B
$1.05B
$1.05B
·
$1.15B
$1.16B
$1.24B
·
$1.12B
Inventory
$2.03B
$2.03B
$2.03B
$1.97B
$1.94B
$1.86B
$1.78B
$1.78B
$1.81B
$1.86B
·
$2.00B
$2.05B
$2.02B
·
$1.93B
Prepaid Expense
$291M
$261M
$273M
$261M
$246M
$258M
$201M
$241M
$231M
$222M
·
$220M
$241M
$232M
·
$227M
Current Assets
$3.72B
$4.03B
$4.24B
$4.07B
$4.26B
$5.37B
$5.12B
$5.06B
$4.51B
$4.17B
·
$4.43B
$4.36B
$3.82B
·
$4.03B
PP&E (Net)
·
·
·
$3.36B
$3.30B
$3.16B
·
$3.11B
$3.12B
$3.15B
·
$3.10B
$3.09B
$3.00B
·
$2.81B
Goodwill
$1.32B
$1.32B
$1.34B
$1.33B
$1.35B
$1.27B
$1.24B
$1.31B
$1.26B
$1.27B
$1.29B
$1.24B
$1.28B
$1.24B
$1.23B
$1.12B
Intangibles
$798M
$810M
$832M
$835M
$860M
$820M
$806M
$862M
$829M
$838M
$854M
$832M
$868M
$849M
$846M
$780M
Other Non-current Assets
$153M
$125M
$113M
$93M
$82M
$67M
$62M
$59M
$53M
$46M
·
$28M
$22M
$17M
·
$32M
Total Assets
$10.03B
$10.20B
$10.34B
$9.95B
$10.12B
$10.96B
$10.65B
$10.70B
$10.08B
$9.77B
·
$9.93B
$9.92B
$9.23B
·
$9.08B
Accounts Payable
$2.65B
$2.59B
$2.77B
$2.54B
$2.56B
$3.90B
$2.49B
$2.50B
$2.43B
$2.23B
·
$2.50B
$2.53B
$1.52B
·
$1.54B
Accrued Liabilities
$1.01B
$1.00B
$1.10B
$977M
$970M
$920M
$1.02B
$1.00B
$999M
$876M
·
$933M
$934M
$863M
·
$857M
Current Liabilities
$2.74B
$2.72B
$2.89B
$2.69B
$2.62B
$3.99B
$2.55B
$2.59B
$2.48B
$2.28B
·
$2.53B
$2.54B
$2.49B
·
$2.61B
Capital Leases
$190M
$193M
$199M
$193M
$189M
$189M
$196M
$207M
$212M
$218M
·
$202M
$213M
$219M
·
$222M
Deferred Tax
$438M
$442M
$452M
$408M
$426M
$419M
$423M
$472M
$419M
$401M
·
$347M
$337M
$347M
·
$278M
Other Non-current Liabilities
$33M
$15M
$15M
$15M
$17M
$19M
$20M
$31M
$34M
$33M
·
$56M
$58M
$64M
·
$47M
Total Liabilities
$6.27B
$6.47B
$6.65B
$6.40B
$6.37B
$7.82B
$6.40B
$6.48B
$6.33B
$6.27B
·
$6.84B
$6.85B
$6.32B
·
$6.34B
Total Debt
$913.0K
$918.0K
·
$912.0K
$865.0K
$862.0K
·
$546.0K
$585.0K
$650.0K
·
$940.0K
$985.0K
$26M
·
$26M
Common Stock
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
$3M
·
$3M
$3M
$3M
·
$3M
Paid-in Capital
$2.03B
$2.03B
$2.02B
$2.01B
$2.01B
$2.00B
$1.99B
$1.99B
$1.99B
$1.98B
·
$1.98B
$1.97B
$1.97B
·
$1.97B
Retained Earnings
$2.36B
$2.35B
$2.25B
$2.16B
$2.31B
$1.96B
$3.16B
$2.92B
$2.57B
$2.25B
·
$1.94B
$1.82B
$1.75B
·
$1.90B
Treasury Stock
$545M
$545M
$545M
$545M
$545M
$545M
$545M
$545M
$545M
$545M
·
$545M
$545M
$545M
·
$545M
AOCI
$-103M
$-112M
$-47M
$-87M
$-42M
$-284M
$-370M
$-164M
$-284M
$-206M
·
$-292M
$-187M
$-290M
·
$-605M
Stockholders' Equity
$3.75B
$3.72B
$3.68B
$3.54B
$3.74B
$3.13B
$4.24B
$4.20B
$3.73B
$3.48B
·
$3.08B
$3.06B
$2.89B
·
$2.73B
Liabilities + Equity
$10.03B
$10.20B
$10.34B
$9.95B
$10.12B
$10.96B
$10.65B
$10.70B
$10.08B
$9.77B
·
$9.93B
$9.92B
$9.23B
·
$9.08B
Shares Outstanding
263,062,000
263,062,000
237,547,447
262,688,000
262,521,000
262,521,000
237,122,205
262,263,000
262,084,000
262,084,000
261,931,000
261,875,000
261,875,000
261,875,000
261,611,000
261,609,000
Cash Flow17
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
D&A
$123M
$118M
$122M
$116M
$114M
$105M
$112M
$110M
$108M
$103M
$112M
$104M
$105M
$98M
$102M
$99M
Stock-based Comp
$5M
$6M
$10M
$5M
$7M
$7M
$6M
$2M
$2M
$5M
$2M
$2M
$2M
$1M
$1M
$2M
Deferred Tax
$-818.0K
$-5M
$44M
$-15M
$-9M
$-11M
$-40M
$36M
$-7M
$16M
$53M
$9M
$-30M
$-26M
$70M
$-13M
Amort. of Intangibles
$-555.0K
$8M
$8M
$8M
$8M
$8M
$8M
$8M
$8M
$8M
·
$8M
$8M
$8M
·
$8M
Restructuring
$9M
$3M
$9M
$2M
$3M
$17M
$11M
$31M
$37M
$15M
$6M
$940.0K
$30M
$8M
$30M
$0
Other Non-cash
·
$-80M
·
·
·
$-270M
·
·
·
$-27M
·
·
·
$-240M
·
·
Operating Cash Flow
$331M
$141M
$291M
$458M
$495M
$127M
$349M
$651M
$719M
$271M
$278M
$310M
$251M
$-162M
$-121M
$369M
CapEx
$254M
$236M
$281M
$182M
$156M
$99M
$173M
$86M
$101M
$99M
·
$146M
$155M
$132M
·
$146M
Investing Cash Flow
$-222M
$-236M
$-269M
$-181M
$-159M
$-97M
$-154M
$-99M
$-102M
$-106M
$-109M
$-144M
$-133M
$-117M
$-115M
$-132M
Debt Issued
·
·
·
·
·
·
$0
$0
$0
$0
$490M
$200M
$1.04B
$35M
$-1.0K
$11M
Net Debt Issued
·
$-152.0K
·
·
·
$-4M
·
·
·
$-153.0K
·
·
·
$28M
·
·
Stock Repurchased
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
$80M
Dividends Paid
·
·
$0
$499M
·
·
$0
$0
·
·
·
·
·
·
·
·
Financing Cash Flow
$-254M
$-152.0K
$-462.0K
$-524M
$-1.58B
$-4M
$-449.0K
$-776.0K
$-151M
$1M
$-384M
$-163.0K
$474M
$27M
$-20M
$-268M
Net Change in Cash
$-144M
$-98M
$25M
$-243M
$-1.22B
$34M
$159M
$550M
$439M
$164M
$-208M
$162M
$592M
$-250M
$-249M
$-39M
Free Cash Flow
·
$-95M
·
·
·
$28M
·
·
·
$172M
·
·
·
$-293M
·
·
Levered FCF
·
$-125M
·
·
·
$-4M
·
·
·
$140M
·
·
·
$-219M
·
·
Profitability8
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Gross Margin
7.3%
7.6%
·
13.9%
15.0%
12.4%
·
14.9%
15.2%
8.8%
·
7.9%
6.5%
4.2%
·
11.1%
Operating Margin
1.4%
3.6%
·
10.3%
10.8%
9.1%
·
11.1%
9.7%
5.7%
·
4.7%
2.3%
0.75%
·
7.6%
Net Margin
0.29%
2.2%
·
7.2%
7.5%
6.6%
·
7.6%
7.2%
4.0%
·
2.8%
1.4%
0.12%
·
5.8%
Pretax Margin
0.47%
2.9%
·
9.7%
10.0%
8.8%
·
10.5%
9.4%
5.2%
·
3.8%
1.1%
-0.08%
·
7.3%
EBITDA Margin
4.1%
6.2%
·
12.8%
13.2%
11.4%
·
11.1%
9.7%
8.1%
·
4.7%
2.3%
3.1%
·
7.6%
ROA
0.13%
0.96%
·
3.3%
3.5%
2.9%
·
3.4%
3.3%
1.8%
·
1.3%
0.63%
0.06%
·
2.9%
ROE
0.36%
3.0%
·
8.8%
9.5%
8.9%
·
9.6%
9.6%
5.5%
·
4.2%
2.0%
0.18%
·
9.7%
ROIC
1.1%
3.4%
·
10.3%
10.3%
9.8%
·
8.8%
9.0%
5.5%
·
4.9%
4.4%
-1.9%
·
9.8%
Liquidity & Solvency4
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Current Ratio
1.4
1.5
·
1.5
1.6
1.3
·
2.0
1.8
1.8
·
1.7
1.7
1.5
·
1.5
Quick Ratio
0.1
0.6
·
0.6
0.8
0.8
·
1.1
1.0
0.8
·
0.8
0.7
0.6
·
0.7
Debt / Equity
0.0
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.0
Interest Coverage
1.3
4.3
·
12.9
12.1
9.7
·
12.2
14.1
6.1
·
4.5
2.1
0.7
·
9.2
Efficiency3
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Asset Turnover
0.5
0.4
·
0.5
0.5
0.4
·
0.4
0.5
0.5
·
0.5
0.4
0.4
·
0.5
Inventory Turnover
2.2
2.2
·
2.2
2.2
2.1
·
2.1
2.0
2.0
·
2.0
2.1
2.1
·
2.3
Receivables Turnover
·
4.2
·
4.3
4.4
4.1
·
4.1
4.1
3.8
·
3.8
3.7
3.6
·
4.5
Per Share5
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Book Value / Share
$14.25
$14.15
·
$13.48
$14.24
$11.93
·
$16.03
$14.24
$13.28
·
$11.75
$11.68
$11.05
·
$10.43
Revenue / Share
$19.37
$19.00
·
$19.95
$19.95
$18.73
·
$19.27
$19.18
$18.37
·
$18.37
$18.16
$17.56
·
$18.68
Cash Flow / Share
·
$0.59
·
·
·
$0.53
·
·
·
$1.14
·
·
·
$-0.68
·
·
Cash / Share
$1.48
$2.06
·
$2.33
$3.23
$7.87
·
$7.16
$5.03
$3.32
·
$3.43
$2.79
$0.58
·
$2.50
EPS (TTM)
$2.30
$3.73
·
$5.17
$5.20
$5.08
·
$4.15
$3.19
$2.07
·
$0.15
$0.72
$1.97
·
$3.88
Valuation (TTM)11
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revenue TTM
$18.44B
$18.57B
·
$18.35B
$18.18B
$17.98B
·
$18.03B
$17.81B
$17.56B
·
$16.96B
$17.07B
$17.39B
·
$17.38B
Net Income TTM
$546M
$888M
·
$1.23B
$1.24B
$1.21B
·
$985M
$757M
$491M
·
$32M
$169M
$471M
·
$938M
Market Cap
$7.53B
$9.66B
·
$10.65B
$11.70B
$14.02B
·
$11.56B
$10.09B
$8.99B
·
$5.97B
$5.46B
$5.76B
·
$6.29B
Enterprise Value
$7.14B
$9.12B
·
$10.04B
$10.85B
$11.95B
·
$9.68B
$8.77B
$8.12B
·
$5.07B
$4.73B
$5.63B
·
$5.67B
P/E
12.4
9.8
·
7.8
8.6
10.5
·
10.6
12.1
16.6
·
152.1
29.0
11.2
·
6.2
P/S
0.4
0.5
·
0.6
0.6
0.8
·
0.6
0.6
0.5
·
0.4
0.3
0.3
·
0.4
P/B
2.0
2.6
·
3.0
3.1
4.5
·
2.7
2.7
2.6
·
1.9
1.8
2.0
·
2.3
P / Tangible Book
4.6
6.1
·
7.7
7.7
13.5
·
5.7
6.1
6.6
·
6.0
6.0
7.2
·
7.6
P / Cash Flow
·
68.6
·
·
·
110.5
·
·
·
33.2
·
·
·
-35.6
·
·
EV / Revenue
0.4
0.5
·
0.5
0.6
0.7
·
0.5
0.5
0.5
·
0.3
0.3
0.3
·
0.3
Earnings Yield
8.0%
10.2%
·
12.8%
11.7%
9.5%
·
9.4%
8.3%
6.0%
·
0.66%
3.5%
9.0%
·
16.1%
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-28
2024-12-29
2023-12-31
2022-12-25
2021-12-26
Revenue
$18.50B
$17.88B
$17.36B
$17.47B
$14.78B
Gross Margin %
12.8%
12.9%
6.4%
10.4%
·
Operating Margin %
8.7%
8.4%
3.0%
6.7%
·
Net Income
$1.08B
$1.09B
$322M
$746M
$31M
Diluted EPS
$4.54
$4.57
$1.36
$3.10
$0.13
Metric
2025-12-28
2024-12-29
2023-12-31
2022-12-25
2021-12-26
Debt / Equity
0.0
0.8
0.0
0.0
·
Current Ratio
1.5
2.0
1.7
1.5
·
Quick Ratio
0.6
1.2
0.7
0.6
·
Metric
2025-12-28
2024-12-29
2023-12-31
2022-12-25
2021-12-26
Free Cash Flow
$653M
$1.53B
$120M
$183M
·
Institutional owners (13F)
380 filers
· $1.7B total
· As of Sept. 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders380
Value held$1.7B
New positions82
Exited positions83
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
82 (+21 vs prior Q)
83 (+21 vs prior Q)
124 (+7 vs prior Q)
106 (-19 vs prior Q)
+6.3M
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
JOS É BATISTA SOBRINHO, FLORA MENDON ÇA BATISTA, JOS É BATISTA J Ú NIOR, VAL ÉRIA BATISTA MENDON Ç A RAMOS, VANESSA MENDON Ç A BATISTA, WESLEY MENDON Ç A BATISTA, JOESLEY MENDON Ç A BATISTA, VIVIANNE MENDON Ç A BATISTA, JJBJ PARTICIPA Ç Õ ES LTDA., JJMB PARTICIPA Ç Õ ES LTDA., VLBM PARTICIPA Ç Õ ES LTDA., VNBM PARTICIPA Ç Õ ES LTDA., VVMB PARTICIPA Ç Õ ES LTDA., WWMB PARTICIPA Ç Õ ES LTDA., ZMF PARTICIPA Ç Õ ES LTDA., J&F PARTICIPA Ç Õ ES S.A., ZMF FUNDO DE INVESTIMENTO EM PARTICIPA Ç Õ ES, JBS S.A., JBS GLOBAL A/S, JBS HUNGARY HOLDINGS KFT., JBS USA HOLDINGS, INC.
×4 filings
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders
30 insiders
· 6 officers · 24 directors