Growth Streak≈3Consecutive years of dividend growth
Ex-date
Amount
Currency
Yield
Aug 27, 2026
$0.29
USD
≈1.9%
May 27, 2026
$0.29
USD
≈1.3%
Mar 4, 2026
$0.29
USD
≈1.0%
May 28, 2025
$0.24
USD
≈1.8%
Mar 6, 2025
$0.24
USD
≈1.5%
Nov 26, 2024
$0.16
USD
≈1.4%
Aug 27, 2024
$0.16
USD
≈1.8%
May 24, 2024
$0.16
USD
≈1.6%
Mar 4, 2024
$0.16
USD
≈1.3%
Nov 27, 2023
$0.13
USD
≈1.2%
Aug 25, 2023
$0.13
USD
≈0.96%
May 26, 2023
$0.13
USD
≈0.87%
Mar 6, 2023
$0.13
USD
≈0.80%
Nov 28, 2022
$0.12
USD
≈0.93%
Aug 24, 2022
$0.12
USD
≈1.00%
May 27, 2022
$0.12
USD
≈1.1%
Mar 7, 2022
$0.12
USD
≈1.0%
Nov 23, 2021
$0.12
USD
≈0.91%
Aug 24, 2021
$0.12
USD
≈0.79%
May 24, 2021
$0.12
USD
≈0.55%
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise1.2%
Next ReportNov 02, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Jul 30, 2026
$0.70
$0.71
-0.79%
March 31, 2026
$0.87
$0.87
-0.41%
Dec. 31, 2025
$0.40
$0.36
10.2%
Sept. 30, 2025
$0.76
$0.76
0.40%
June 30, 2025
$0.57
$0.58
-0.96%
March 31, 2025
$0.79
$0.80
-1.2%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement14
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue
$11.80B
$11.30B
$10.98B
$9.57B
$9.85B
$8.26B
$8.78B
$8.41B
$7.77B
$7.08B
$6.91B
$6.93B
Cost of Revenue
·
·
·
·
·
·
·
·
$5.83B
$5.61B
$5.93B
$6.03B
R&D Expense
$8M
$6M
$6M
$6M
$6M
$3M
$4M
$4M
$5M
$5M
$5M
$5M
SG&A Expense
$581M
$568M
$638M
$594M
$564M
$479M
$487M
$456M
$495M
$429M
$395M
$389M
Operating Expenses
$10.51B
$10.14B
$9.87B
$8.94B
$8.47B
$7.30B
$7.88B
$7.47B
$6.99B
$6.44B
$6.42B
$6.93B
Operating Income
$1.29B
$1.16B
$1.11B
$629M
$1.39B
$961M
$901M
$941M
$778M
$634M
$488M
$3M
Pretax Income
$1.36B
$1.33B
$1.23B
$687M
$1.39B
$1.11B
$1.00B
$950M
$803M
$666M
$496M
$17M
Income Tax
$369M
$356M
$329M
$207M
$369M
$295M
$260M
$214M
$379M
$156M
$168M
$54M
Net Income
$929M
$911M
$827M
$442M
$990M
$784M
$713M
$708M
$398M
$498M
$323M
$-7M
EPS (Basic)
$2.52
$2.34
$1.99
$1.05
$2.34
$2.01
$1.89
$1.84
$1.03
$1.35
$0.89
$-0.02
EPS (Diluted)
$2.51
$2.33
$1.97
$1.04
$2.28
$1.95
$1.84
$1.79
$1.00
$1.35
$0.89
$-0.02
Shares (Basic)
369,000,000
388,000,000
416,000,000
421,000,000
422,000,000
390,000,000
377,000,000
384,000,000
387,000,000
368,000,000
363,758,219
363,758,219,000
Shares (Diluted)
371,000,000
390,000,000
420,000,000
425,000,000
434,000,000
402,000,000
388,000,000
395,000,000
398,000,000
369,000,000
363,758,219
363,758,219,000
EBITDA
$1.74B
$1.64B
$1.56B
$1.23B
$1.90B
$1.41B
$1.33B
$1.39B
$1.19B
$1.04B
·
·
Balance Sheet28
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Cash & Equivalents
$506M
$723M
$1.13B
$1.13B
$1.14B
$1.16B
$1.05B
$1.27B
$1.06B
$885M
$425M
$238M
Short-term Investments
$878M
$1.12B
$1.47B
$2.02B
$2.86B
$3.10B
$611M
$122M
$205M
$79M
·
·
Receivables
$95M
$79M
$68M
$64M
$67M
$99M
$88M
$80M
$79M
$74M
$33M
·
Inventory
$438M
$405M
$424M
$417M
$432M
$398M
$380M
$307M
$297M
$268M
$189M
·
Prepaid Expense
$102M
$107M
$99M
$111M
$176M
$119M
$87M
$66M
$60M
$81M
$81M
·
Current Assets
$2.36B
$2.69B
$3.43B
$3.94B
$4.72B
$4.94B
$2.26B
$1.95B
$1.80B
$1.43B
$799M
·
PP&E (Net)
$2.54B
$2.41B
$2.31B
$2.12B
$2.25B
$1.76B
$1.59B
$1.61B
$1.69B
$1.65B
$1.84B
·
PP&E (Gross)
$5.46B
$5.09B
$4.88B
$4.59B
$4.62B
$3.89B
$3.47B
$3.35B
$3.42B
$3.14B
$3.44B
·
Accum. Depreciation
$2.92B
$2.68B
$2.57B
$2.47B
$2.37B
$2.13B
$1.88B
$1.73B
$1.73B
$1.49B
$1.60B
·
Goodwill
$1.96B
$1.88B
$1.93B
$1.99B
$2.14B
$832M
$254M
$266M
$108M
$79M
$85M
·
Intangibles
$148M
$144M
$150M
$159M
$272M
$246M
$94M
$116M
$101M
$88M
$107M
·
Other Non-current Assets
$362M
$256M
$265M
$248M
$742M
$749M
$580M
$491M
$385M
$254M
$192M
·
Total Assets
$10.78B
$11.12B
$12.03B
$11.83B
$13.22B
$10.88B
$6.95B
$4.61B
$4.29B
$3.73B
$3.20B
·
Accounts Payable
$793M
$801M
$786M
$727M
$830M
$708M
$623M
$619M
$420M
$480M
$438M
·
Short-term Debt
$30M
$127M
$168M
$2M
·
·
·
·
·
·
·
·
Current Liabilities
$2.25B
$2.28B
$2.42B
$2.17B
$2.38B
$2.07B
$1.74B
$1.25B
$1.02B
$1.00B
$948M
·
Capital Leases
$1.82B
$1.82B
$1.90B
$1.91B
$2.29B
$1.92B
$1.80B
$25M
$28M
$28M
$34M
·
Deferred Tax
$406M
$389M
$390M
$390M
$425M
$227M
$67M
$65M
$32M
$26M
$24M
·
Other Non-current Liabilities
$158M
$157M
$157M
$162M
$167M
$167M
$210M
$355M
$388M
$252M
$234M
·
Total Liabilities
$4.68B
$4.69B
$4.91B
$4.67B
$5.30B
$4.40B
$3.77B
$1.63B
$1.44B
$1.28B
$1.22B
·
Total Debt
$30M
$127M
$168M
·
·
·
·
·
·
·
·
·
Common Stock
·
·
·
·
·
·
·
·
·
$4M
·
·
Retained Earnings
$1.76B
$2.09B
$2.31B
$2.19B
$2.89B
$2.10B
$1.42B
$944M
$397M
$40M
·
·
Treasury Stock
$28M
$52M
·
·
$803M
$728M
$721M
$460M
$148M
$20M
·
·
AOCI
$-157M
$-341M
$-229M
$-103M
$268M
$167M
$-49M
$-17M
$137M
$1M
$130M
·
Stockholders' Equity
$5.38B
$5.73B
$6.41B
$6.48B
$7.06B
$6.21B
$3.08B
$2.87B
$2.77B
$2.38B
$1.92B
·
Liabilities + Equity
$10.78B
$11.12B
$12.03B
$11.83B
$13.22B
$10.88B
$6.95B
$4.61B
$4.29B
$3.73B
$3.20B
·
Shares Outstanding
354,000,000
378,000,000
407,000,000
419,000,000
428,000,000
420,000,000
376,000,000
379,000,000
385,000,000
383,344,835
·
·
Cash Flow16
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
D&A
$448M
$476M
$453M
$602M
$516M
$450M
$428M
$445M
$409M
$402M
$425M
$411M
Stock-based Comp
$42M
$41M
$64M
$42M
$41M
$36M
$26M
$24M
$26M
$16M
$14M
$13M
Deferred Tax
$-14M
$-7M
$-10M
$-20M
$160M
$111M
$16M
$33M
$62M
$-42M
$29M
$-104M
Amort. of Intangibles
$2M
$2M
$4M
$99M
$45M
$24M
$16M
$26M
$14M
$12M
$13M
$14M
Other Non-cash
$61M
$-2M
$139M
$347M
$-576M
$-267M
$2M
$123M
$-18M
$-16M
·
·
Operating Cash Flow
$1.47B
$1.42B
$1.47B
$1.41B
$1.13B
$1.11B
$1.19B
$1.33B
$884M
$866M
$913M
$775M
CapEx
$626M
$705M
$710M
$679M
$689M
$419M
$435M
$470M
$415M
$436M
$512M
$525M
Investing Cash Flow
$-5M
$-178M
$-743M
$-522M
$-855M
$-3.11B
$-910M
$-552M
$-557M
$-471M
$-493M
$-512M
Stock Issued
·
·
·
·
·
$2.19B
·
·
·
·
·
·
Stock Repurchased
$1.14B
$1.25B
$613M
$466M
$75M
$8M
$265M
$307M
$128M
·
·
·
Net Stock Activity
$-1.14B
$-1.25B
$-613M
$-466M
$-75M
$2.19B
$-265M
$-307M
$-128M
·
·
·
Dividends Paid
$353M
$248M
$216M
$202M
$203M
$95M
$181M
$161M
$38M
·
·
·
Financing Cash Flow
$-1.69B
$-1.64B
$-716M
$-844M
$-313M
$2.06B
$-480M
$-518M
$-185M
$93M
$-216M
$-319M
Net Change in Cash
$-217M
$-405M
$-2M
$-6M
$-22M
$103M
$-211M
$207M
$174M
$460M
$187M
$-62M
Taxes Paid
$370M
$393M
$324M
$204M
$255M
$170M
$255M
$208M
$232M
$182M
·
·
Free Cash Flow
$840M
$714M
$763M
$734M
$442M
$695M
$750M
$863M
$469M
$428M
·
·
Profitability7
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Operating Margin
10.9%
10.3%
10.1%
6.6%
14.1%
11.6%
10.3%
11.2%
11.0%
9.5%
·
·
Net Margin
7.9%
8.1%
7.5%
4.6%
10.1%
9.5%
8.1%
8.4%
5.6%
7.4%
·
·
Pretax Margin
11.5%
11.8%
11.2%
7.2%
14.1%
13.4%
11.4%
11.3%
11.3%
10.0%
·
·
EBITDA Margin
14.7%
14.5%
14.2%
12.9%
19.3%
17.1%
15.1%
16.5%
16.7%
15.4%
·
·
ROA
8.5%
7.9%
6.9%
3.5%
8.2%
8.8%
12.3%
15.4%
10.1%
14.5%
·
·
ROE
16.7%
15.0%
12.8%
6.5%
14.9%
16.9%
24.0%
25.1%
15.6%
23.4%
·
·
ROIC
17.4%
14.5%
12.3%
6.8%
14.4%
11.4%
21.7%
25.4%
14.9%
20.6%
·
·
Liquidity & Solvency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Current Ratio
1.0
1.2
1.4
1.8
2.0
2.4
1.3
1.6
1.8
1.4
·
·
Quick Ratio
0.7
0.8
1.1
1.5
1.7
2.1
1.0
0.2
1.3
1.0
·
·
Debt / Equity
0.0
0.0
0.0
·
·
·
·
·
·
·
·
·
Efficiency3
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Asset Turnover
1.1
1.0
0.9
0.8
0.8
0.9
1.5
1.8
1.8
1.9
·
·
Inventory Turnover
·
·
·
·
·
·
·
·
20.6
24.6
·
·
Receivables Turnover
135.6
153.8
166.3
146.1
118.7
88.4
104.5
105.8
92.2
126.2
·
·
Per Share6
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Book Value / Share
$15.19
$15.15
$15.74
$15.47
$16.49
$14.78
$8.18
$7.58
$7.23
$6.20
·
·
Revenue / Share
$31.80
$28.98
$26.14
$22.52
$22.70
$20.55
$22.62
$21.30
$17.95
$0.02
·
·
Cash Flow / Share
$3.95
$3.64
$3.51
$3.32
$2.61
$2.77
$3.05
$3.37
$2.22
$0.00
·
·
Cash / Share
$1.43
$1.91
$2.77
$2.70
$2.65
$2.76
$2.78
·
$2.75
$2.31
·
·
Dividend / Share
$0.96
$0.64
$0.52
$0.48
$0.48
$0.24
$0.48
$0.42
$0.10
·
·
·
EPS (TTM)
$2.51
$2.33
$1.97
$1.04
$2.28
$1.95
$1.84
$1.79
$1.00
$1.35
·
·
Growth Rates10
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue YoY
4.4%
3.0%
14.7%
-2.9%
19.2%
·
·
·
·
·
·
·
Revenue CAGR 3Y
7.2%
4.7%
9.9%
·
·
·
·
·
·
·
·
·
Revenue CAGR 5Y
7.4%
·
·
·
·
·
·
·
·
·
·
·
EPS YoY
7.7%
18.3%
89.4%
-54.4%
16.9%
·
·
·
·
·
·
·
EPS CAGR 3Y
34.1%
0.73%
0.34%
·
·
·
·
·
·
·
·
·
EPS CAGR 5Y
5.2%
·
·
·
·
·
·
·
·
·
·
·
Net Income YoY
2.0%
10.2%
87.1%
-55.4%
26.3%
·
·
·
·
·
·
·
Net Income CAGR 3Y
28.1%
-2.7%
1.8%
·
·
·
·
·
·
·
·
·
Net Income CAGR 5Y
3.5%
·
·
·
·
·
·
·
·
·
·
·
Dividends Paid CAGR 5Y
30.0%
·
·
·
·
·
·
·
·
·
·
·
Valuation (TTM)17
Metric
Trend
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Revenue TTM
$11.80B
$11.30B
$10.98B
$9.57B
$9.85B
$8.26B
$8.78B
$8.41B
$7.77B
$7.08B
·
·
Net Income TTM
$929M
$911M
$827M
$442M
$990M
$784M
$713M
$708M
$398M
$498M
·
·
Market Cap
$16.90B
$18.21B
$17.27B
$22.90B
$21.33B
$23.98B
$18.05B
$12.71B
$15.40B
$10.01B
·
·
Enterprise Value
$15.55B
$16.49B
$14.84B
·
·
·
·
·
·
·
·
·
P/E
19.0
20.7
21.5
52.5
21.9
29.3
26.1
18.7
40.0
19.3
·
·
P/S
1.4
1.6
1.6
2.4
2.2
2.9
2.1
1.5
2.0
1.4
·
·
P/B
3.1
3.2
2.7
3.5
3.0
3.9
5.9
4.4
5.5
4.2
·
·
P / Tangible Book
5.2
4.9
4.0
5.3
4.6
4.7
·
·
·
·
·
·
P / Cash Flow
11.5
12.8
11.7
16.2
18.9
21.5
15.2
9.5
17.4
11.6
·
·
P / FCF
20.1
25.5
22.6
31.2
48.3
34.5
24.1
14.7
32.8
23.4
·
·
EV / EBITDA
8.9
10.1
9.5
·
·
·
·
·
·
·
·
·
EV / FCF
18.5
23.1
19.4
·
·
·
·
·
·
·
·
·
EV / Revenue
1.3
1.5
1.4
·
·
·
·
·
·
·
·
·
Dividend Yield
2.1%
1.4%
1.2%
0.88%
0.95%
0.40%
1.0%
1.3%
0.25%
·
·
·
Earnings Yield
5.3%
4.8%
4.6%
1.9%
4.6%
3.4%
3.8%
5.3%
2.5%
5.2%
·
·
Payout Ratio
38.0%
27.2%
26.1%
45.7%
20.5%
12.1%
25.4%
22.7%
9.4%
·
·
·
Annual Payout
$353M
$248M
$216M
$202M
$203M
$95M
$181M
$161M
$38M
·
·
·
Income Statement12
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
$3.14B
$3.27B
$2.82B
$3.21B
$2.79B
$2.98B
$2.60B
$3.07B
$2.68B
$2.96B
$2.49B
$2.91B
$2.65B
$2.92B
$2.09B
$2.69B
SG&A Expense
$139M
$137M
$169M
$143M
$131M
$138M
$156M
$139M
$133M
$140M
$153M
$169M
$153M
$163M
$145M
$157M
Operating Expenses
$2.79B
$2.82B
$2.64B
$2.81B
$2.48B
$2.58B
$2.44B
$2.70B
$2.41B
$2.58B
$2.38B
$2.59B
$2.40B
$2.50B
$2.05B
$2.37B
Operating Income
$348M
$447M
$187M
$400M
$304M
$399M
$151M
$371M
$266M
$374M
$110M
$323M
$257M
$416M
$41M
$316M
Pretax Income
$354M
$452M
$206M
$413M
$311M
$428M
$170M
$436M
$305M
$420M
$138M
$365M
$286M
$437M
$80M
$326M
Income Tax
$92M
$123M
$56M
$114M
$80M
$119M
$47M
$119M
$77M
$113M
$33M
$100M
$71M
$125M
$24M
$97M
Net Income
$244M
$309M
$140M
$282M
$215M
$292M
$115M
$297M
$212M
$287M
$97M
$244M
$197M
$289M
$53M
$206M
EPS (Basic)
$0.70
$0.88
$0.40
$0.76
$0.58
$0.78
$0.30
$0.77
$0.55
$0.72
$0.24
$0.59
$0.47
$0.69
$0.13
$0.49
EPS (Diluted)
$0.70
$0.87
$0.40
$0.76
$0.58
$0.77
$0.30
$0.77
$0.55
$0.71
$0.24
$0.58
$0.47
$0.68
$0.12
$0.49
Shares (Basic)
348,000,000
353,000,000
·
368,000,000
373,000,000
376,000,000
·
384,000,000
389,000,000
401,000,000
·
416,000,000
418,000,000
418,000,000
·
420,000,000
Shares (Diluted)
349,000,000
354,000,000
·
369,000,000
374,000,000
378,000,000
·
385,000,000
391,000,000
403,000,000
·
420,000,000
422,000,000
423,000,000
·
424,000,000
EBITDA
$468M
$564M
·
$514M
$414M
$508M
·
$371M
$266M
$491M
·
$323M
$257M
$532M
·
$316M
Balance Sheet27
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
$485M
$473M
$506M
$648M
$592M
$825M
$723M
$1.19B
$1.04B
$883M
·
$1.13B
$1.19B
$1.11B
·
$1.21B
Short-term Investments
$901M
$956M
$878M
$1.50B
$1.56B
$1.17B
$1.12B
$1.34B
$1.43B
$1.51B
·
$2.00B
$1.76B
$1.87B
·
$2.83B
Receivables
$115M
$103M
$95M
$86M
$94M
$81M
$79M
$79M
$74M
$74M
·
$62M
$59M
$59M
·
$66M
Inventory
$459M
$414M
$438M
$389M
$360M
$329M
$405M
$359M
$362M
$345M
·
$419M
$396M
$378M
·
$321M
Prepaid Expense
$127M
$106M
$102M
$107M
$105M
$112M
$107M
$113M
$102M
$96M
·
$104M
$92M
$124M
·
$150M
Current Assets
$2.35B
$2.32B
$2.36B
$3.02B
$2.99B
$2.75B
$2.69B
$3.32B
$3.28B
$3.15B
·
$3.92B
$3.69B
$3.71B
·
$4.71B
PP&E (Net)
$2.62B
$2.57B
$2.54B
$2.44B
$2.42B
$2.38B
$2.41B
$2.43B
$2.31B
$2.29B
·
$2.12B
$2.05B
$2.11B
·
$1.97B
PP&E (Gross)
$5.72B
$5.59B
$5.46B
$5.29B
$5.20B
$5.12B
$5.09B
$5.20B
$4.95B
$4.88B
·
$4.59B
$4.49B
$4.64B
·
$4.30B
Accum. Depreciation
$3.10B
$3.02B
$2.92B
$2.85B
$2.79B
$2.74B
$2.68B
$2.77B
$2.63B
$2.59B
·
$2.47B
$2.44B
$2.53B
·
$2.34B
Goodwill
$2.02B
$1.99B
$1.96B
$1.93B
$1.92B
$1.89B
$1.88B
$1.96B
$1.89B
$1.90B
$1.93B
$1.88B
$1.89B
$2.00B
$1.99B
$1.93B
Intangibles
$151M
$149M
$148M
$146M
$145M
$144M
$144M
$150M
$146M
$147M
·
$147M
$148M
$157M
·
$176M
Other Non-current Assets
$374M
$369M
$362M
$268M
$263M
$257M
$256M
$267M
$262M
$263M
·
$259M
$260M
$278M
·
$419M
Total Assets
$10.87B
$10.84B
$10.78B
$11.03B
$10.98B
$11.00B
$11.12B
$11.80B
$11.57B
$11.29B
·
$12.07B
$11.68B
$11.96B
·
$11.70B
Accounts Payable
$960M
$822M
$793M
$822M
$795M
$701M
$801M
$775M
$819M
$727M
·
$758M
$740M
$674M
·
$673M
Short-term Debt
$66M
$20M
$30M
$29M
$0
$129M
$127M
$315M
$416M
$165M
·
$210M
·
·
·
·
Current Liabilities
$2.44B
$2.30B
$2.25B
$2.28B
$2.16B
$2.19B
$2.28B
$2.58B
$2.68B
$2.26B
·
$2.47B
$2.15B
$2.10B
·
$2.10B
Capital Leases
$1.75B
$1.80B
$1.82B
$1.76B
$1.76B
$1.77B
$1.82B
$1.88B
$1.83B
$1.85B
·
$1.79B
$1.77B
$1.86B
·
$1.86B
Deferred Tax
$418M
$412M
$406M
$396M
$395M
$394M
$389M
$406M
$386M
$387M
·
$364M
$350M
$378M
·
$370M
Other Non-current Liabilities
$159M
$162M
$158M
$156M
$154M
$156M
$157M
$158M
$149M
$166M
·
$147M
$142M
$164M
·
$156M
Total Liabilities
$4.81B
$4.73B
$4.68B
$4.65B
$4.51B
$4.56B
$4.69B
$5.07B
$5.09B
$4.71B
·
$4.81B
$4.46B
$4.55B
·
$4.53B
Total Debt
$66M
$20M
·
$29M
$0
$129M
·
$315M
$416M
$165M
·
$210M
·
·
·
·
Retained Earnings
$1.70B
$1.79B
$1.76B
$2.05B
$2.11B
$2.12B
$2.09B
$2.16B
$2.05B
$2.08B
·
$2.53B
$2.46B
$2.37B
·
$2.23B
Treasury Stock
$13M
$13M
$28M
$10M
$12M
$8M
$52M
$18M
$17M
$76M
·
·
·
·
·
$0
AOCI
$-25M
$-98M
$-157M
$-239M
$-265M
$-318M
$-341M
$-179M
$-326M
$-300M
·
$-341M
$-316M
$-91M
·
$-222M
Stockholders' Equity
$5.36B
$5.43B
$5.38B
$5.69B
$5.79B
$5.78B
$5.73B
$6.02B
$5.81B
$5.87B
·
$6.57B
$6.55B
$6.68B
·
$6.42B
Liabilities + Equity
$10.87B
$10.84B
$10.78B
$11.03B
$10.98B
$11.00B
$11.12B
$11.80B
$11.57B
$11.29B
·
$12.07B
$11.68B
$11.96B
·
$11.70B
Shares Outstanding
345,000,000
351,000,000
354,000,000
364,000,000
371,000,000
375,000,000
378,000,000
381,000,000
386,000,000
392,000,000
·
415,000,000
417,000,000
418,000,000
·
419,000,000
Cash Flow15
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
$120M
$117M
$115M
$114M
$110M
$109M
$121M
$120M
$118M
$117M
$114M
$111M
$112M
$116M
$135M
$150M
Stock-based Comp
$13M
$10M
$10M
$10M
$13M
$9M
$9M
$9M
$13M
$10M
$18M
$17M
$16M
$13M
$11M
$10M
Deferred Tax
$-6M
$-3M
$-4M
$-7M
$-5M
$2M
$-3M
$-2M
·
·
$-4M
$-19M
$6M
$7M
$-13M
$0
Amort. of Intangibles
·
·
$0
$1M
·
·
$0
$1M
$0
$1M
$0
$1M
$1M
$2M
$23M
$24M
Other Non-cash
·
$117M
·
·
·
$40M
·
·
·
$28M
·
·
·
$82M
·
·
Operating Cash Flow
$426M
$550M
$125M
$477M
$412M
$452M
$167M
$409M
$401M
$442M
$139M
$410M
$417M
$507M
$84M
$720M
CapEx
$127M
$144M
$241M
$126M
$122M
$137M
$182M
$165M
$169M
$189M
$211M
$167M
$153M
$179M
$170M
$162M
Investing Cash Flow
$-32M
$-233M
$311M
$-26M
$-218M
$-72M
$-150M
$104M
$-231M
$99M
$309M
$-454M
$-169M
$-429M
$71M
$-541M
Stock Repurchased
$312M
$218M
$452M
$324M
$195M
$173M
$192M
$188M
$190M
$679M
$333M
$158M
$62M
$60M
$55M
$11M
Net Stock Activity
·
$-218M
·
·
·
$-173M
·
·
·
$-679M
·
·
·
$-60M
·
·
Dividends Paid
$101M
$102M
$85M
$88M
$90M
$90M
$61M
$61M
$62M
$64M
$54M
$54M
$54M
$54M
$50M
$51M
Financing Cash Flow
$-386M
$-353M
$-582M
$-398M
$-429M
$-280M
$-477M
$-374M
$-9M
$-776M
$-476M
$-10M
$-131M
$-99M
$-261M
$-70M
Net Change in Cash
$12M
$-33M
$-142M
$56M
$-233M
$102M
$-470M
$150M
$160M
$-245M
$-3M
$-58M
$78M
$-19M
$-81M
$64M
Taxes Paid
$159M
$53M
$104M
$83M
$129M
$54M
$130M
$76M
$149M
$38M
$79M
$70M
$136M
$39M
$80M
$31M
Free Cash Flow
·
$406M
·
·
·
$315M
·
·
·
$253M
·
·
·
$328M
·
·
Profitability7
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
Operating Margin
11.1%
13.7%
·
12.5%
10.9%
13.4%
·
12.1%
9.9%
12.6%
·
11.1%
9.7%
14.3%
·
11.8%
Net Margin
7.8%
9.4%
·
8.8%
7.7%
9.8%
·
9.7%
7.9%
9.7%
·
8.4%
7.4%
9.9%
·
7.7%
Pretax Margin
11.3%
13.8%
·
12.9%
11.2%
14.4%
·
14.2%
11.4%
14.2%
·
12.5%
10.8%
15.0%
·
12.1%
EBITDA Margin
14.9%
17.2%
·
16.0%
14.8%
17.0%
·
12.1%
9.9%
16.6%
·
11.1%
9.7%
18.2%
·
11.8%
ROA
2.2%
2.8%
·
2.5%
1.9%
2.6%
·
2.5%
1.8%
2.5%
·
2.1%
1.7%
2.4%
·
1.8%
ROE
4.4%
5.5%
·
4.8%
3.7%
5.0%
·
4.7%
3.4%
4.6%
·
3.8%
3.0%
4.3%
·
3.2%
ROIC
4.8%
6.0%
·
5.1%
3.9%
4.9%
·
4.3%
3.2%
4.5%
·
3.5%
2.9%
4.5%
·
3.5%
Liquidity & Solvency3
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
1.0
1.0
·
1.3
1.4
1.3
·
1.3
1.2
1.4
·
1.6
1.7
1.8
·
2.2
Quick Ratio
0.6
0.7
·
1.0
1.0
0.9
·
1.0
1.0
1.1
·
1.3
1.4
1.4
·
2.0
Debt / Equity
0.0
0.0
·
0.0
0.0
0.0
·
0.1
0.1
0.0
·
0.0
·
·
·
·
Efficiency2
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
0.3
0.3
·
0.3
0.2
0.3
·
0.3
0.2
0.3
·
0.2
0.2
0.2
·
0.2
Receivables Turnover
30.0
35.6
·
38.9
33.2
38.5
·
43.6
40.3
44.5
·
45.5
38.5
45.2
·
32.9
Per Share6
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
$15.53
$15.48
·
$15.64
$15.60
$15.42
·
$15.79
$15.06
$14.96
·
$15.83
$15.71
$15.98
·
$15.32
Revenue / Share
$8.99
$9.24
·
$8.69
$7.45
$7.89
·
$7.98
$6.85
$7.34
·
$6.94
$6.29
$6.90
·
$6.33
Cash Flow / Share
·
$1.55
·
·
·
$1.20
·
·
·
$1.10
·
·
·
$1.20
·
·
Cash / Share
$1.41
$1.35
·
$1.78
$1.60
$2.20
·
$3.13
$2.70
$2.25
·
$2.73
$2.85
$2.66
·
$2.89
Dividend / Share
$0.29
$0.29
$0.24
$0.24
$0.24
$0.24
$0.16
$0.16
$0.16
$0.16
$0.13
$0.13
$0.13
$0.13
$0.12
$0.12
EPS (TTM)
$2.73
$2.61
·
$2.41
$2.42
$2.39
·
$2.27
$2.08
$2.00
·
$1.85
$1.76
$1.49
·
$2.01
Valuation (TTM)14
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
$12.44B
$12.09B
·
$11.57B
$11.43B
$11.33B
·
$11.20B
$11.04B
$11.02B
·
$10.57B
$10.34B
$9.82B
·
$9.77B
Net Income TTM
$975M
$946M
·
$904M
$919M
$916M
·
$893M
$840M
$825M
·
$783M
$745M
$631M
·
$864M
Market Cap
$14.10B
$17.12B
·
$15.62B
$16.59B
$19.52B
·
$17.15B
$11.90B
$15.60B
·
$23.12B
$23.56B
$26.50B
·
$19.83B
Enterprise Value
$12.78B
$15.71B
·
$13.51B
$14.43B
$17.66B
·
$14.94B
$9.84B
$13.37B
·
$20.20B
·
·
·
·
P/E
15.0
18.7
·
17.8
18.5
21.8
·
19.8
14.8
19.9
·
30.1
32.1
42.5
·
23.5
P/S
1.1
1.4
·
1.4
1.5
1.7
·
1.5
1.1
1.4
·
2.2
2.3
2.7
·
2.0
P/B
2.6
3.2
·
2.7
2.9
3.4
·
2.9
2.0
2.7
·
3.5
3.6
4.0
·
3.1
P / Tangible Book
4.4
5.2
·
4.3
4.4
5.2
·
4.4
3.2
4.1
·
5.1
5.2
5.9
·
4.6
P / Cash Flow
·
31.1
·
·
·
43.2
·
·
·
35.3
·
·
·
52.3
·
·
EV / Revenue
1.0
1.3
·
1.2
1.3
1.6
·
1.3
0.9
1.2
·
1.9
·
·
·
·
Dividend Yield
2.7%
2.1%
·
2.1%
1.8%
1.4%
·
1.4%
2.0%
1.5%
·
0.92%
0.89%
0.77%
·
1.0%
Earnings Yield
6.7%
5.3%
·
5.6%
5.4%
4.6%
·
5.0%
6.7%
5.0%
·
3.3%
3.1%
2.4%
·
4.2%
Payout Ratio
·
33.0%
·
·
·
30.8%
·
·
·
22.3%
·
·
·
18.7%
·
·
Annual Payout
$376M
$365M
·
$329M
$302M
$274M
·
$241M
$234M
$226M
·
$212M
$209M
$205M
·
$203M
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$11.80B
$11.30B
$10.98B
$9.57B
$9.85B
Operating Margin %
10.9%
10.3%
10.1%
6.6%
14.1%
Net Income
$929M
$911M
$827M
$442M
$990M
Diluted EPS
$2.51
$2.33
$1.97
$1.04
$2.28
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Debt / Equity
0.0
0.0
0.0
·
·
Current Ratio
1.0
1.2
1.4
1.8
2.0
Quick Ratio
0.7
0.8
1.1
1.5
1.7
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$840M
$714M
$763M
$734M
$442M
Institutional owners (13F)
720 filers
· $11.3B 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.
Holders720
Value held$11.3B
New positions64
Exited positions98
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
64 (-41 vs prior Q)
98 (+45 vs prior Q)
184 (-31 vs prior Q)
242 (+27 vs prior Q)
+2.9M
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.
Filer
Filed
Stake
Status
Purpose
Filing
Primavera Capital Management Ltd, Pollos Investment GP Ltd, Pollos L.L.C.
×7 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
45 insiders
· 25 officers · 20 directors