NSC Norfolk Southern Corporation Common Stock
$305.18
价格 · 五月 29, 2026
截至...的财报数据 四月 24, 2026
52周区间
$242–$326
75% of range
分析师评级
HOLD
27 analysts
目标价
$335
+10% upside
P/E (TTM)
22.6
ROE
18.9%
净利润率
23.6%
NSC 股票快照 价格、市值、P/E、EPS、ROE、负债/权益、52周范围
价格
$305.18
市值
$64.79B
P/E (TTM)
22.6
每股收益 (TTM)
$12.75
营收 (TTM)
$12.18B
股息收益率
1.9%
ROE
18.9%
负债/权益
—
52周区间
$242 – $326
NSC 股价图表 包含技术指标的日 OHLCV — 平移、缩放和自定义您的视图
Configure
10年表现 收入、净利润、利润率和每股收益趋势
营收与净利润
$12.18B
2016-12-31
→
2025-12-31
EPS
$12.75
2016-12-31
→
2025-12-31
自由现金流
$2.16B
2016-12-31
→
2025-12-31
利润率
23.6%
估值 P/E、P/S、P/B、EV/EBITDA 比率 — 该股票是昂贵还是便宜?
指标
5年趋势
NSC
同行中位数
P/E (TTM)
22.6
23.3
P/S (TTM) (市销率 (TTM))
5.3
5.4
P/B (市净率)
4.2
4.8
Price / FCF (股价/自由现金流)
30.0
—
盈利能力 毛利率、营业利润率和净利率;股本回报率 (ROE)、资产回报率 (ROA)、投入资本回报率 (ROIC)
指标
5年趋势
NSC
同行中位数
Operating Margin (营业利润率)
35.8%
—
Net Profit Margin (净利润率)
23.6%
22.1%
ROA
6.5%
6.6%
ROE
18.9%
21.2%
ROIC
22.0%
—
财务健康 债务、流动性、偿付能力 — 资产负债表强度
指标
5年趋势
NSC
同行中位数
Current Ratio (流动比率)
0.8
0.9
Quick Ratio (速动比率)
0.7
—
成长 营收、每股收益 (EPS) 和净利润增长:同比、3年复合年增长率 (CAGR)、5年复合年增长率 (CAGR)
指标
5年趋势
NSC
同行中位数
Revenue YoY (营收同比增长)
0.47%
—
Revenue CAGR 3Y (营收3年复合年增长率)
-1.5%
—
Revenue CAGR 5Y (营收5年复合年增长率)
4.5%
—
EPS YoY
10.2%
—
Net Income YoY (净利润同比增长)
9.6%
—
资本效率 资产周转率、库存周转率、应收账款周转率
指标
5年趋势
NSC
同行中位数
Payout Ratio (派息率)
42.3%
—
股息 收益率、派息率、股息历史、5年CAGR
股息收益率
1.9%
派息率
42.3%
5年股息复合年增长率 (CAGR)
—
| 除息日 | 金额 |
|---|---|
| 2026年5月8日 | $1.3500 |
| 2026年2月6日 | $1.3500 |
| 2025年11月7日 | $1.3500 |
| 2025年8月1日 | $1.3500 |
| 2025年5月2日 | $1.3500 |
| 2025年2月7日 | $1.3500 |
| 2024年11月1日 | $1.3500 |
| 2024年8月2日 | $1.3500 |
| 2024年5月2日 | $1.3500 |
| 2024年2月1日 | $1.3500 |
| 2023年11月2日 | $1.3500 |
| 2023年8月3日 | $1.3500 |
| 2023年5月4日 | $1.3500 |
| 2023年2月2日 | $1.3500 |
| 2022年11月3日 | $1.2400 |
| 2022年8月5日 | $1.2400 |
| 2022年5月5日 | $1.2400 |
| 2022年2月3日 | $1.2400 |
| 2021年11月4日 | $1.0900 |
| 2021年8月6日 | $1.0900 |
NSC 分析师共识 看涨和看跌分析师观点、12个月价格目标、上涨空间
持有
27 位分析师
- 强烈买入 3 11.1%
- 买入 7 25.9%
- 持有 17 63.0%
- 卖出 0 0.0%
- 强烈卖出 0 0.0%
12个月价格目标
17 位分析师 · 2026-05-24
中位数
$330.00
现在
$305.18
最低
$297.00
最高
$378.00
中位数目标
$330.00
+8.1%
平均目标
$335.29
+9.9%
收益历史 每股收益实际值 vs 预估值,惊喜%,达标率,下次财报日期
平均惊喜
0.11%
| 期间 | EPS Actual | EPS 预期 | 惊喜 |
|---|---|---|---|
| 2026年3月31日 | $2.65 | $2.54 | 0.11% |
| 2025年12月31日 | $3.22 | $2.79 | 0.43% |
| 2025年9月30日 | $3.30 | $3.22 | 0.08% |
| 2025年6月30日 | $3.29 | $3.34 | -0.05% |
| 2025年3月31日 | $2.69 | $2.72 | -0.03% |
同行比较 关键指标与行业同行对比
| 股票代码 | 市值 | P/E | 营收同比增长 | 净利润率 | ROE | 毛利率 |
|---|---|---|---|---|---|---|
| NSC | $64.79B | 22.6 | 0.47% | 23.6% | 18.9% | — |
| UNP | $137.23B | 19.3 | 1.1% | 29.1% | 41.1% | — |
| CSX | $67.42B | 23.5 | -3.1% | 20.5% | 22.6% | — |
| FIP | $536M | -2.0 | 51.6% | -30.3% | -135.8% | — |
完整基本面 所有年度指标 — 损益表、资产负债表、现金流量表
损益表 14
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.18B | $12.12B | $12.16B | $12.74B | $11.14B | $9.79B | $11.30B | $11.46B | $10.55B | $9.89B | $10.51B | $11.62B | |
| Operating Expenses | $7.82B | $8.05B | $9.30B | $7.94B | $6.70B | $6.79B | $7.31B | $7.50B | $7.03B | $6.88B | $7.63B | $8.05B | |
| Operating Income | $4.36B | $4.07B | $2.85B | $4.81B | $4.45B | $3.00B | $3.99B | $3.96B | $3.52B | $3.01B | $2.88B | $3.58B | |
| Interest Expense | · | $807M | $722M | $692M | $646M | $625M | $604M | $557M | $550M | $563M | $545M | $545M | |
| Interest Income | · | · | · | · | · | · | · | · | $13M | $10M | $8M | $9M | |
| Other Non-op | $101M | $65M | $191M | $13M | $77M | $153M | $106M | $67M | $156M | $136M | $103M | $104M | |
| Pretax Income | $3.67B | $3.33B | $2.32B | $4.13B | $3.88B | $2.53B | $3.49B | $3.47B | $3.13B | $2.58B | $2.44B | $3.13B | |
| Income Tax | $792M | $707M | $493M | $860M | $873M | $517M | $769M | $803M | $-2.28B | $914M | $886M | $1.13B | |
| Net Income | $2.87B | $2.62B | $1.83B | $3.27B | $3.00B | $2.01B | $2.72B | $2.67B | $5.40B | $1.67B | $1.56B | $2.00B | |
| EPS (Basic) | $12.76 | $11.58 | $8.04 | $13.92 | $12.16 | $7.88 | $10.32 | $9.58 | $18.76 | $5.66 | $5.13 | $6.44 | |
| EPS (Diluted) | $12.75 | $11.57 | $8.02 | $13.88 | $12.11 | $7.84 | $10.25 | $9.51 | $18.61 | $5.62 | $5.10 | $6.39 | |
| Shares (Basic) | 225,000,000 | 226,100,000 | 226,900,000 | 234,800,000 | 246,900,000 | 255,100,000 | 263,300,000 | 277,700,000 | 287,900,000 | 293,900,000 | 301,900,000 | 309,400,000 | |
| Shares (Diluted) | 225,300,000 | 226,400,000 | 227,400,000 | 235,600,000 | 248,100,000 | 256,600,000 | 265,600,000 | 280,200,000 | 290,300,000 | 296,000,000 | 304,400,000 | 312,500,000 | |
| EBITDA | $5.75B | $5.42B | $4.15B | $6.03B | $5.63B | $4.16B | $5.13B | $5.06B | $3.59B | $3.07B | $2.88B | $3.58B |
资产负债表 26
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.53B | $1.64B | $1.57B | $456M | $839M | $1.11B | $580M | $358M | $690M | $956M | $1.10B | $973M | |
| Short-term Investments | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Receivables | $988M | $1.07B | $1.15B | $1.15B | $976M | $848M | $920M | $1.01B | $955M | $945M | $946M | $1.05B | |
| Other Current Assets | $409M | $201M | $292M | $150M | $134M | $134M | $337M | $288M | $282M | $133M | $194M | $347M | |
| Current Assets | $3.20B | $3.19B | $3.27B | $2.01B | $2.17B | $2.32B | $2.08B | $1.86B | $2.15B | $2.29B | $2.51B | $2.78B | |
| PP&E (Net) | $36.48B | $35.83B | $33.33B | $32.16B | $31.65B | $31.34B | $31.61B | $31.09B | $30.33B | $29.75B | $28.99B | $27.69B | |
| PP&E (Gross) | $51.10B | $49.79B | $46.59B | $44.75B | $43.68B | $43.33B | $43.60B | $43.47B | $42.24B | $41.49B | $40.47B | $38.51B | |
| Accum. Depreciation | $14.62B | $13.96B | $13.27B | $12.59B | $12.03B | $11.98B | $11.98B | $12.37B | $11.91B | $11.74B | $11.48B | $10.81B | |
| Other Non-current Assets | $1.47B | $1.29B | $1.22B | $1.03B | $966M | $709M | $800M | $177M | $251M | $73M | $63M | $49M | |
| Total Assets | $45.24B | $43.68B | $41.65B | $38.88B | $38.49B | $37.96B | $37.92B | $36.24B | $35.71B | $34.89B | $34.14B | $33.20B | |
| Accounts Payable | $1.86B | $1.70B | $1.64B | $1.29B | $1.35B | $1.02B | $1.43B | $1.50B | $1.40B | $1.22B | $1.09B | $1.23B | |
| Short-term Debt | · | · | $0 | $100M | $0 | · | · | $0 | $100M | $100M | $200M | $100M | |
| Current Liabilities | $3.77B | $3.54B | $2.63B | $2.65B | $2.52B | $2.16B | $2.30B | $2.59B | $2.54B | $2.34B | $2.23B | $1.78B | |
| Capital Leases | $148M | $191M | $287M | $316M | $331M | $344M | $441M | $0 | · | · | · | · | |
| Deferred Tax | $7.71B | $7.42B | $7.22B | $7.26B | $7.17B | $6.92B | $6.82B | $6.46B | $6.32B | $9.14B | $8.94B | $8.82B | |
| Other Non-current Liabilities | $1.72B | $1.76B | $1.84B | $1.76B | $1.88B | $1.99B | $1.74B | $1.27B | $1.35B | $1.44B | $1.39B | $1.31B | |
| Total Liabilities | $29.69B | $29.38B | $28.87B | $26.15B | $24.85B | $23.17B | $22.74B | $20.88B | $19.35B | $22.48B | $21.95B | $20.79B | |
| Long-term Debt | · | · | · | · | · | · | · | · | $9.74B | $10.11B | $9.89B | $8.88B | |
| Total Debt | · | · | $0 | $100M | · | · | · | $0 | $100M | $100M | $200M | $100M | |
| Paid-in Capital | $2.30B | $2.25B | $2.18B | $2.16B | $2.21B | $2.25B | $2.21B | $2.22B | $2.25B | $2.18B | $2.14B | $2.15B | |
| Retained Earnings | $13.23B | $12.09B | $10.70B | $10.70B | $11.59B | $12.88B | $13.21B | $13.44B | $14.18B | $10.43B | $10.19B | $10.35B | |
| Treasury Stock | $19M | $19M | $19M | $19M | $19M | $19M | $19M | $19M | $19M | $19M | $19M | $19M | |
| AOCI | $-210M | $-262M | $-320M | $-351M | $-402M | $-594M | $-491M | $-563M | $-356M | $-487M | $-445M | $-398M | |
| Stockholders' Equity | $15.55B | $14.31B | $12.78B | $12.73B | $13.64B | $14.79B | $15.18B | $15.36B | $16.36B | $12.41B | $12.19B | $12.41B | |
| Liabilities + Equity | $45.24B | $43.68B | $41.65B | $38.88B | $38.49B | $37.96B | $37.92B | $36.24B | $35.71B | $34.89B | $34.14B | $33.20B | |
| Shares Outstanding | 224,420,699 | 226,320,894 | 225,681,254 | 228,076,415 | 240,162,790 | 252,095,082 | 257,904,956 | 268,098,472 | 284,157,187 | 290,417,610 | 297,795,016 | 308,240,130 |
现金流 14
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $1.39B | $1.35B | $1.30B | $1.22B | $1.18B | $1.15B | $1.14B | $1.10B | $1.06B | $1.03B | · | · | |
| Deferred Tax | $277M | $176M | $-49M | $83M | $184M | $142M | $330M | $173M | $-2.86B | $227M | $320M | $294M | |
| Other Non-cash | $-182M | $-99M | $103M | $-352M | $-115M | $328M | $-299M | $-217M | · | · | · | · | |
| Operating Cash Flow | $4.36B | $4.05B | $3.18B | $4.22B | $4.25B | $3.64B | $3.89B | $3.73B | $3.25B | $3.03B | $2.91B | $2.92B | |
| CapEx | $2.20B | $2.38B | $2.33B | $1.95B | $1.47B | $1.49B | $2.02B | $1.95B | $1.72B | $1.89B | $2.38B | $2.12B | |
| Investing Cash Flow | $-2.56B | $-2.78B | $-2.18B | $-1.60B | $-1.22B | $-1.18B | $-1.76B | $-1.66B | $-1.48B | $-1.83B | · | $-2.00B | |
| Stock Repurchased | $534M | $0 | $622M | $3.11B | $3.39B | $1.44B | $2.10B | $2.78B | $1.01B | $803M | $1.07B | $318M | |
| Net Stock Activity | $-534M | $0 | $-622M | $-3.11B | $-3.39B | $-1.44B | $-2.10B | $-2.78B | $-1.01B | $-803M | $-1.07B | $-318M | |
| Dividends Paid | $1.22B | $1.22B | $1.23B | $1.17B | $1.03B | $960M | $949M | $844M | $703M | $695M | $713M | $687M | |
| Financing Cash Flow | $-1.91B | $-1.20B | $115M | $-3.00B | $-3.31B | $-1.93B | $-1.99B | $-2.31B | $-2.04B | $-1.35B | · | $-1.32B | |
| Net Change in Cash | $-111M | $73M | $1.11B | $-383M | $-276M | $535M | $134M | $-244M | $-266M | $-145M | $128M | $-470M | |
| Taxes Paid | $491M | $305M | $681M | $750M | $654M | $311M | $543M | $519M | $705M | $593M | $386M | $1.10B | |
| Free Cash Flow | $2.16B | $1.67B | $830M | $2.27B | $2.79B | $2.14B | $1.87B | $1.77B | $1.53B | $1.15B | $492M | $734M | |
| Levered FCF | · | $1.04B | $261M | $1.73B | $2.28B | $1.65B | $1.40B | $1.35B | $580M | $783M | $145M | $386M |
盈利能力 7
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 35.8% | 33.6% | 23.4% | 37.7% | 39.9% | 30.7% | 35.3% | 34.5% | 34.0% | 31.1% | 27.4% | 30.8% | |
| Net Margin | 23.6% | 21.6% | 15.0% | 25.7% | 27.0% | 20.6% | 24.1% | 23.3% | 51.2% | 16.9% | 14.8% | 17.2% | |
| Pretax Margin | 30.1% | 27.5% | 19.1% | 32.4% | 34.8% | 25.9% | 30.9% | 30.3% | 29.6% | 26.1% | 23.2% | 27.0% | |
| EBITDA Margin | 47.2% | 44.7% | 34.1% | 47.3% | 50.5% | 42.5% | 45.4% | 44.2% | 34.0% | 31.1% | 27.4% | 30.8% | |
| ROA | 6.5% | 6.2% | 4.5% | 8.5% | 7.9% | 5.3% | 7.3% | 7.4% | 15.3% | 4.8% | 4.6% | 6.1% | |
| ROE | 18.9% | 18.7% | 14.4% | 25.4% | 21.8% | 13.5% | 17.9% | 17.3% | 37.6% | 13.6% | 12.7% | 16.9% | |
| ROIC | 22.0% | 22.4% | 17.6% | 29.7% | 25.3% | 16.2% | 20.5% | 19.8% | 37.6% | 15.9% | 14.8% | 18.2% |
流动性与偿付能力 4
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.8 | 0.9 | 1.2 | 0.8 | 0.9 | 1.1 | 0.9 | 0.7 | 0.8 | 1.0 | 1.2 | 1.6 | |
| Quick Ratio | 0.7 | 0.8 | 1.0 | 0.6 | 0.7 | 0.9 | 0.7 | 0.5 | 0.6 | 0.8 | 0.9 | 1.1 | |
| Debt / Equity | · | · | 0.0 | 0.0 | · | · | · | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Interest Coverage | · | 5.0 | 3.9 | 6.9 | 6.9 | 4.8 | 6.6 | 7.1 | 6.5 | 5.5 | 5.3 | 6.6 |
效率 2
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | |
| Receivables Turnover | 11.8 | 10.9 | 10.6 | 12.0 | 12.2 | 11.1 | 11.7 | 11.7 | 11.1 | 10.5 | 10.5 | 11.2 |
增长率 10
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 0.47% | -0.27% | -4.6% | 14.4% | 13.8% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -1.5% | 2.9% | 7.5% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 4.5% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 10.2% | 44.3% | -42.2% | 14.6% | 54.5% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -2.8% | -1.5% | 0.76% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 10.2% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 9.6% | 43.5% | -44.1% | 8.8% | 49.3% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -4.2% | -4.4% | -3.2% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 7.4% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 4.8% | · | · | · | · | · | · | · | · | · | · | · |
估值 (TTM) 17
| 指标 | 趋势 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $12.18B | $12.12B | $12.16B | $12.74B | $11.14B | $9.79B | $11.30B | $11.46B | $10.55B | $9.89B | $10.51B | $11.62B | |
| Net Income TTM | $2.87B | $2.62B | $1.83B | $3.27B | $3.00B | $2.01B | $2.72B | $2.67B | $5.40B | $1.67B | $1.56B | $2.00B | |
| Market Cap | $64.79B | $53.12B | $53.35B | $56.20B | $71.50B | $59.90B | $50.07B | $40.09B | $41.17B | $31.39B | $25.19B | $33.79B | |
| Enterprise Value | · | · | $51.78B | $55.85B | · | · | · | $39.73B | $40.58B | $30.53B | $24.29B | $32.91B | |
| P/E | 22.6 | 20.3 | 29.5 | 17.8 | 24.6 | 30.3 | 18.9 | 15.7 | 7.8 | 19.2 | 16.6 | 17.2 | |
| P/S | 5.3 | 4.4 | 4.4 | 4.4 | 6.4 | 6.1 | 4.4 | 3.5 | 3.9 | 3.2 | 2.4 | 2.9 | |
| P/B | 4.2 | 3.7 | 4.2 | 4.4 | 5.2 | 4.0 | 3.3 | 2.6 | 2.5 | 2.5 | 2.1 | 2.7 | |
| P / Tangible Book | 4.2 | 3.7 | 4.2 | 4.4 | 5.2 | 4.0 | · | · | · | · | · | · | |
| P / Cash Flow | 14.9 | 13.1 | 16.8 | 13.3 | 16.8 | 16.5 | 12.9 | 10.8 | 12.7 | 10.3 | 8.8 | 11.8 | |
| P / FCF | 30.0 | 31.8 | 64.3 | 24.7 | 25.7 | 28.0 | 26.7 | 22.6 | 26.9 | 27.4 | 51.2 | 46.0 | |
| EV / EBITDA | · | · | 12.5 | 9.3 | · | · | · | 7.8 | 11.3 | 9.9 | 8.4 | 9.2 | |
| EV / FCF | · | · | 62.4 | 24.6 | · | · | · | 22.4 | 26.5 | 26.6 | 49.4 | 44.8 | |
| EV / Revenue | · | · | 4.3 | 4.4 | · | · | · | 3.5 | 3.8 | 3.1 | 2.3 | 2.8 | |
| Dividend Yield | 1.9% | 2.3% | 2.3% | 2.1% | 1.4% | 1.6% | 1.9% | 2.1% | 1.7% | 2.2% | 2.8% | 2.0% | |
| Earnings Yield | 4.4% | 4.9% | 3.4% | 5.6% | 4.1% | 3.3% | 5.3% | 6.4% | 12.8% | 5.2% | 6.0% | 5.8% | |
| Payout Ratio | 42.3% | 46.6% | 67.0% | 35.7% | 34.2% | 47.7% | 34.9% | 31.7% | 13.0% | 41.7% | 45.8% | 34.4% | |
| Annual Payout | $1.22B | $1.22B | $1.23B | $1.17B | $1.03B | $960M | $949M | $844M | $703M | $695M | $713M | $687M |
损益表 13
| 指标 | 趋势 | 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 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.00B | $2.97B | $3.10B | $3.11B | $2.99B | $3.02B | $3.05B | $3.04B | $3.00B | $3.07B | $2.97B | $2.98B | $3.13B | $3.24B | $3.34B | $3.25B | |
| Operating Expenses | $2.12B | $2.04B | $2.00B | $1.94B | $1.85B | $1.89B | $1.46B | $1.91B | $2.79B | $2.27B | $2.21B | $2.40B | $2.42B | $2.06B | $2.07B | $1.98B | |
| Operating Income | $877M | $937M | $1.10B | $1.18B | $1.15B | $1.13B | $1.60B | $1.13B | $213M | $808M | $756M | $576M | $711M | $1.18B | $1.27B | $1.27B | |
| Interest Expense | · | · | · | · | · | · | · | · | $201M | · | $182M | $170M | $175M | $177M | $177M | $170M | |
| Other Non-op | $35M | $23M | $23M | $24M | $31M | $-4M | $34M | $17M | $18M | $38M | $40M | $57M | $56M | $34M | $-2M | $-14M | |
| Pretax Income | $715M | $765M | $924M | $998M | $978M | $928M | $1.43B | $944M | $30M | $651M | $614M | $463M | $592M | $1.04B | $1.09B | $1.09B | |
| Income Tax | $168M | $121M | $213M | $230M | $228M | $195M | $328M | $207M | $-23M | $124M | $136M | $107M | $126M | $248M | $135M | $268M | |
| Net Income | $547M | $644M | $711M | $768M | $750M | $733M | $1.10B | $737M | $53M | $527M | $478M | $356M | $466M | $790M | $958M | $819M | |
| EPS (Basic) | $2.43 | $2.88 | $3.16 | $3.41 | $3.31 | $3.23 | $4.86 | $3.26 | $0.23 | $2.33 | $2.11 | $1.56 | $2.04 | $3.41 | $4.11 | $3.46 | |
| EPS (Diluted) | $2.43 | $2.87 | $3.16 | $3.41 | $3.31 | $3.24 | $4.85 | $3.25 | $0.23 | $2.32 | $2.10 | $1.56 | $2.04 | $3.40 | $4.10 | $3.45 | |
| Shares (Basic) | 224,500,000 | -450,500,000 | 224,400,000 | 225,000,000 | 226,100,000 | -451,900,000 | 226,200,000 | 226,000,000 | 225,800,000 | -454,700,000 | 226,400,000 | 227,500,000 | 227,700,000 | -474,400,000 | 233,200,000 | 236,700,000 | |
| Shares (Diluted) | 225,000,000 | -451,100,000 | 224,700,000 | 225,200,000 | 226,500,000 | -452,700,000 | 226,500,000 | 226,400,000 | 226,200,000 | -455,900,000 | 227,000,000 | 228,000,000 | 228,300,000 | -476,100,000 | 234,000,000 | 237,500,000 | |
| EBITDA | $1.23B | · | $1.10B | $1.18B | $1.49B | · | $1.60B | $1.13B | $550M | · | $756M | $576M | $1.03B | · | $1.27B | $1.27B |
资产负债表 24
| 指标 | 趋势 | 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 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.34B | $1.53B | $1.42B | $1.30B | $1.01B | $1.64B | $975M | $659M | $652M | · | $1.51B | $556M | $552M | · | $1.21B | $1.26B | |
| Receivables | $1.12B | $988M | $1.10B | $1.12B | $1.23B | $1.07B | $1.30B | $1.19B | $1.20B | · | $1.21B | $1.09B | $1.17B | · | $1.15B | $1.21B | |
| Other Current Assets | $248M | $409M | $219M | $168M | $191M | $201M | $125M | $148M | $236M | · | $123M | $114M | $138M | · | $74M | $101M | |
| Current Assets | $3.02B | $3.20B | $3.04B | $2.91B | $2.70B | $3.19B | $2.69B | $2.30B | $2.36B | · | $3.14B | $2.03B | $2.12B | · | $2.71B | $2.86B | |
| PP&E (Net) | $36.44B | $36.48B | $36.11B | $35.92B | $35.80B | $35.83B | $35.39B | $35.28B | $35.05B | · | $32.67B | $32.47B | $32.24B | · | $31.84B | $31.79B | |
| PP&E (Gross) | · | $51.10B | · | · | · | $49.79B | · | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | $14.77B | $14.62B | $14.44B | $14.25B | $14.19B | $13.96B | $13.86B | $13.63B | $13.46B | · | $13.16B | $13.02B | $12.81B | · | $12.45B | $12.27B | |
| Other Non-current Assets | $1.53B | $1.47B | $1.35B | $1.29B | $1.29B | $1.29B | $1.21B | $1.16B | $1.15B | · | $1.10B | $1.08B | $1.07B | · | $1.07B | $1.02B | |
| Total Assets | $45.11B | $45.24B | $44.58B | $44.16B | $43.80B | $43.68B | $43.26B | $42.56B | $42.13B | · | $40.74B | $39.26B | $39.17B | · | $39.31B | $39.34B | |
| Accounts Payable | $1.70B | $1.86B | $1.66B | $1.50B | $1.45B | $1.70B | $1.61B | $1.53B | $1.51B | · | $1.50B | $1.42B | $1.31B | · | $1.49B | $1.31B | |
| Short-term Debt | · | · | · | · | · | · | · | $400M | $400M | · | $0 | $130M | $0 | · | · | · | |
| Current Liabilities | $3.33B | $3.77B | $3.52B | $3.67B | $3.45B | $3.54B | $3.68B | $3.67B | $3.45B | · | $2.91B | $2.99B | $2.82B | · | $2.80B | $2.61B | |
| Capital Leases | · | $148M | · | · | · | $191M | · | · | · | · | · | · | · | · | · | · | |
| Deferred Tax | $7.76B | $7.71B | $7.73B | $7.53B | $7.48B | $7.42B | $7.36B | $7.23B | $7.20B | · | $7.21B | $7.23B | $7.25B | · | $7.19B | $7.28B | |
| Other Non-current Liabilities | $1.72B | $1.72B | $1.71B | $1.71B | $1.70B | $1.76B | $1.79B | $1.75B | $1.77B | · | $1.82B | $1.81B | $1.78B | · | $1.83B | $1.84B | |
| Total Liabilities | $29.31B | $29.69B | $29.44B | $29.37B | $29.29B | $29.38B | $29.47B | $29.58B | $29.59B | · | $28.12B | $26.62B | $26.44B | · | $26.28B | $26.18B | |
| Total Debt | · | · | · | · | · | · | · | $400M | $400M | · | $0 | $130M | $0 | · | · | · | |
| Paid-in Capital | $2.31B | $2.30B | $2.28B | $2.26B | $2.25B | $2.25B | $2.22B | $2.21B | $2.19B | · | $2.16B | $2.16B | $2.15B | · | $2.18B | $2.19B | |
| Retained Earnings | $13.48B | $13.23B | $12.89B | $12.56B | $12.30B | $12.09B | $11.67B | $10.87B | $10.44B | · | $10.59B | $10.61B | $10.70B | · | $10.99B | $11.12B | |
| Treasury Stock | · | $19M | · | · | · | $19M | · | · | · | · | · | · | · | · | · | · | |
| AOCI | $-211M | $-210M | $-262M | $-261M | $-261M | $-262M | $-332M | $-330M | $-322M | · | $-364M | $-359M | $-355M | · | $-377M | $-388M | |
| Stockholders' Equity | $15.80B | $15.55B | $15.14B | $14.79B | $14.51B | $14.31B | $13.79B | $12.98B | $12.54B | $12.78B | $12.62B | $12.64B | $12.73B | $12.73B | $13.02B | $13.15B | |
| Liabilities + Equity | $45.11B | $45.24B | $44.58B | $44.16B | $43.80B | $43.68B | $43.26B | $42.56B | $42.13B | · | $40.74B | $39.26B | $39.17B | · | $39.31B | $39.34B | |
| Shares Outstanding | 224,594,001 | 224,420,699 | 224,386,617 | 224,614,894 | 225,443,501 | 226,320,894 | 226,239,662 | 226,096,433 | 225,914,028 | · | 226,136,334 | 227,015,277 | 227,639,602 | · | 231,514,213 | 234,873,651 |
现金流 15
| 指标 | 趋势 | 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 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $352M | $353M | $348M | $346M | $346M | $342M | $339M | $335M | $337M | $330M | $326M | $321M | $321M | $309M | $306M | $304M | |
| Deferred Tax | $48M | $-38M | $206M | $52M | $57M | $35M | $136M | $31M | $-26M | $4M | $-18M | $-20M | $-15M | $60M | $-88M | $63M | |
| Restructuring | · | · | · | · | · | · | · | $-3M | $64M | · | · | · | · | · | · | · | |
| Other Non-cash | $-603M | · | · | · | $-203M | · | · | · | $475M | · | · | · | $401M | · | · | · | |
| Operating Cash Flow | $344M | $1.06B | $1.27B | $1.08B | $950M | $951M | $1.23B | $1.04B | $839M | $673M | $660M | $673M | $1.17B | $798M | $1.41B | $1.02B | |
| CapEx | $382M | $729M | $551M | $475M | $449M | $675M | $581M | $568M | $557M | $836M | $543M | $520M | $428M | $666M | $445M | $448M | |
| Investing Cash Flow | $-213M | $-644M | $-483M | $-414M | $-1.02B | $11M | $-224M | $-723M | $-1.84B | $-788M | $-653M | $-350M | $-391M | $-543M | $-346M | $-379M | |
| Stock Repurchased | $5M | $0 | $78M | $208M | $248M | $0 | $0 | $0 | $0 | $119M | $200M | $140M | $163M | $826M | $830M | $854M | |
| Net Stock Activity | $-5M | · | · | · | $-248M | · | · | · | $0 | · | · | · | $-163M | · | · | · | |
| Dividends Paid | $303M | $303M | $303M | $303M | $306M | $306M | $305M | $305M | $305M | $305M | $305M | $308M | $307M | $286M | $290M | $294M | |
| Financing Cash Flow | $-320M | $-307M | $-673M | $-366M | $-564M | $-296M | $-686M | $-306M | $89M | $177M | $943M | $-319M | $-686M | $-1.01B | $-1.11B | $-950M | |
| Net Change in Cash | $-189M | $112M | $115M | $297M | $-635M | $666M | $316M | $7M | $-916M | $62M | $950M | $4M | $96M | $-758M | $-45M | $-312M | |
| Taxes Paid | $138M | $58M | $19M | $413M | $1M | $21M | $177M | $109M | $-2M | $160M | $206M | $316M | $-1M | $172M | $257M | $312M | |
| Free Cash Flow | $-38M | · | · | · | $501M | · | · | · | $282M | · | · | · | $745M | · | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | $-73M | · | · | · | $607M | · | · | · |
盈利能力 7
| 指标 | 趋势 | 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 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 29.2% | · | 35.4% | 37.8% | 38.3% | · | 52.3% | 37.2% | 7.1% | · | 25.4% | 19.3% | 22.7% | · | 38.0% | 39.1% | |
| Net Margin | 18.2% | · | 22.9% | 24.7% | 25.1% | · | 36.0% | 24.2% | 1.8% | · | 16.1% | 11.9% | 14.9% | · | 28.7% | 25.2% | |
| Pretax Margin | 23.8% | · | 29.8% | 32.1% | 32.7% | · | 46.8% | 31.0% | 1.0% | · | 20.7% | 15.5% | 18.9% | · | 32.7% | 33.5% | |
| EBITDA Margin | 41.0% | · | 35.4% | 37.8% | 49.9% | · | 52.3% | 37.2% | 18.3% | · | 25.4% | 19.3% | 33.0% | · | 38.0% | 39.1% | |
| ROA | 1.2% | · | 1.6% | 1.8% | 1.8% | · | 2.6% | 1.8% | 0.13% | · | 1.2% | 0.91% | 1.2% | · | 2.5% | 2.1% | |
| ROE | 3.6% | · | 4.9% | 5.5% | 5.5% | · | 8.3% | 5.8% | 0.42% | · | 3.7% | 2.8% | 3.6% | · | 7.1% | 6.0% | |
| ROIC | 4.2% | · | 5.6% | 6.1% | 6.1% | · | 8.9% | 6.6% | 2.9% | · | 4.7% | 3.5% | 4.4% | · | 8.6% | 7.3% |
流动性与偿付能力 4
| 指标 | 趋势 | 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 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.9 | · | 0.9 | 0.8 | 0.8 | · | 0.7 | 0.6 | 0.7 | · | 1.1 | 0.7 | 0.8 | · | 1.0 | 1.1 | |
| Quick Ratio | 0.7 | · | 0.7 | 0.7 | 0.6 | · | 0.6 | 0.5 | 0.5 | · | 0.9 | 0.6 | 0.6 | · | 0.8 | 0.9 | |
| Debt / Equity | · | · | · | · | · | · | · | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | · | · | |
| Interest Coverage | · | · | · | · | · | · | · | · | 1.1 | · | 4.2 | 3.4 | 4.1 | · | 7.2 | 7.5 |
效率 2
| 指标 | 趋势 | 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 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | |
| Receivables Turnover | 2.5 | · | 2.6 | 2.7 | 2.5 | · | 2.4 | 2.7 | 2.5 | · | 2.5 | 2.6 | 2.8 | · | 3.2 | 3.0 |
估值 (TTM) 15
| 指标 | 趋势 | 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 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $12.20B | · | $12.26B | $12.20B | $12.09B | · | $12.07B | $12.00B | $12.09B | · | $12.43B | $12.71B | $12.64B | · | $12.36B | $11.82B | |
| Net Income TTM | $2.78B | · | $3.33B | $3.35B | $2.64B | · | $2.37B | $1.62B | $1.35B | · | $2.26B | $2.60B | $2.95B | · | $3.23B | $3.09B | |
| Market Cap | $64.46B | · | $67.41B | $57.49B | $53.40B | · | $56.22B | $48.54B | $57.58B | · | $44.53B | $51.48B | $48.26B | · | $48.54B | $53.38B | |
| Enterprise Value | · | · | · | · | · | · | · | $48.28B | $57.33B | · | $43.03B | $51.05B | $47.71B | · | · | · | |
| P/E | 23.3 | · | 20.4 | 17.3 | 20.3 | · | 23.8 | 30.1 | 43.0 | · | 20.1 | 20.3 | 16.9 | · | 15.5 | 17.9 | |
| P/S | 5.3 | · | 5.5 | 4.7 | 4.4 | · | 4.7 | 4.0 | 4.8 | · | 3.6 | 4.1 | 3.8 | · | 3.9 | 4.5 | |
| P/B | 4.1 | · | 4.5 | 3.9 | 3.7 | · | 4.1 | 3.7 | 4.6 | · | 3.5 | 4.1 | 3.8 | · | 3.7 | 4.1 | |
| P / Tangible Book | 4.1 | · | 4.5 | 3.9 | 3.7 | · | 4.1 | 3.7 | 4.6 | · | 3.5 | 4.1 | 3.8 | · | 3.7 | 4.1 | |
| P / Cash Flow | 187.4 | · | · | · | 56.2 | · | · | · | 68.6 | · | · | · | 41.1 | · | · | · | |
| P / FCF | -1696.3 | · | · | · | 106.6 | · | · | · | 204.2 | · | · | · | 64.8 | · | · | · | |
| EV / EBITDA | · | · | · | · | · | · | · | 42.7 | 104.2 | · | 56.9 | 88.6 | 46.2 | · | · | · | |
| EV / FCF | · | · | · | · | · | · | · | · | 203.3 | · | · | · | 64.0 | · | · | · | |
| EV / Revenue | · | · | · | · | · | · | · | 4.0 | 4.7 | · | 3.5 | 4.0 | 3.8 | · | · | · | |
| Earnings Yield | 4.3% | · | 4.9% | 5.8% | 4.9% | · | 4.2% | 3.3% | 2.3% | · | 5.0% | 4.9% | 5.9% | · | 6.5% | 5.6% | |
| Payout Ratio | 55.4% | · | · | · | 40.8% | · | · | · | 575.5% | · | · | · | 65.9% | · | · | · |
财务报表 损益表、资产负债表、现金流量表 — 年度,近5年
损益表
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| 收入 | $12.18B | $12.12B | $12.16B | $12.74B | $11.14B |
| 营业利润率 % | 35.8% | 33.6% | 23.4% | 37.7% | 39.9% |
| 净收入 | $2.87B | $2.62B | $1.83B | $3.27B | $3.00B |
| 稀释后每股收益 (EPS) | $12.75 | $11.57 | $8.02 | $13.88 | $12.11 |
资产负债表
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| 负债/股东权益比率 | — | — | 0.0 | 0.0 | — |
| 流动比率 | 0.8 | 0.9 | 1.2 | 0.8 | 0.9 |
| 速动比率 | 0.7 | 0.8 | 1.0 | 0.6 | 0.7 |
现金流
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| 自由现金流 | $2.16B | $1.67B | $830M | $2.27B | $2.79B |
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