15.29
+0.33%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$11.28bn
FY2017FY2026
Net income
−$1.92bn
FY2017FY2026
Free cash flow
$978.7m
FY2017FY2026
Shareholders' equity
$6.36bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.28bn | $11.61bn | $12.05bn | $12.28bn | $11.54bn | $11.18bn | $11.05bn | $9.54bn | $7.94bn | $7.83bn |
| Gross profit | $2.70bn | $3.00bn | $3.33bn | $3.26bn | $2.84bn | $3.18bn | $3.07bn | $2.65bn | $2.35bn | $2.34bn |
| Research and development | — | $60.8m | $61.4m | $57.7m | $53.4m | $51.3m | $56.4m | $56.1m | $47.3m | $44.6m |
| Operating income | −$1.63bn | $1.36bn | $852.8m | $1.08bn | $1.35bn | $1.78bn | $1.45bn | $1.18bn | $953.1m | $869.8m |
| Net income | −$1.92bn | $1.15bn | $347.2m | $683.6m | $888.2m | $1.30bn | $840.1m | $678.3m | $808.4m | $639.3m |
| Diluted earnings per share | -3.99 | 2.41 | 0.72 | 1.42 | 1.85 | 2.70 | 1.71 | 1.39 | 1.92 | 1.56 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $17.27bn | $20.93bn | $20.86bn | $22.05bn | $22.44bn | $22.20bn | $22.30bn | $22.21bn | $10.39bn | $10.10bn |
| Cash and short-term investments | $218.0m | $68.0m | $77.7m | $93.3m | $83.3m | $79.2m | $553.3m | $236.6m | $128.0m | $251.4m |
| Total liabilities | $10.92bn | $12.00bn | $12.35bn | $13.25bn | $13.57bn | $13.56bn | $14.35bn | $14.75bn | $6.63bn | $6.02bn |
| Debt | $7.27bn | $8.07bn | $8.61bn | $9.42bn | $9.18bn | $9.19bn | $9.95bn | $10.68bn | $3.82bn | $3.00bn |
| Shareholders' equity | $6.36bn | $8.93bn | $8.44bn | $8.74bn | $8.79bn | $8.55bn | $7.88bn | $7.38bn | $3.68bn | $3.99bn |
| Shares outstanding | 480m | 479m | 479m | 480m | 481m | 482m | 491m | 488m | 422m | 410m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $1.40bn | $1.69bn | $2.02bn | $995.4m | $1.18bn | $1.47bn | $1.84bn | $1.13bn | $954.2m | $1.18bn |
| Capital spending | −$423.4m | −$389.3m | −$388.1m | −$362.2m | −$464.4m | −$506.4m | −$369.5m | −$353.1m | −$251.6m | −$242.1m |
| Free cash flow | $978.7m | $1.30bn | $1.63bn | $633.2m | $712.9m | $961.7m | $1.47bn | $772.4m | $702.6m | $933.4m |
| Dividends paid | −$669.7m | −$669.2m | −$659.3m | −$623.8m | −$581.8m | −$474.6m | −$413.6m | −$356.2m | −$342.3m | −$415.0m |
Latest quarters
By quarter end
| Aug 2026 | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.60bn | $2.88bn | $2.79bn | $2.98bn | $2.63bn | $2.78bn | $2.84bn | $3.20bn |
| Gross profit | $618.7m | $701.7m | $657.7m | $696.5m | $641.3m | $707.0m | $715.1m | $848.5m |
| Operating income | $268.4m | −$2.63bn | $280.1m | $369.4m | $309.4m | $390.1m | $375.9m | $499.7m |
| Net income | $174.3m | −$1.62bn | $199.8m | −$663.6m | $164.5m | $256.0m | $145.1m | $284.5m |
| Diluted earnings per share | 0.36 | -3.37 | 0.42 | -1.39 | 0.34 | 0.53 | 0.30 | 0.59 |
| Cash from operations | −$4.0m | $506.0m | $564.0m | $210.0m | $120.0m | $345.0m | $592.0m | $485.0m |
| Capital spending | −$123.0m | −$109.0m | −$95.0m | −$71.0m | −$146.0m | −$85.0m | −$88.0m | −$82.0m |
| Free cash flow | −$127.0m | $397.0m | $469.0m | $139.0m | −$26.0m | $260.0m | $504.0m | $403.0m |
| Total assets | $17.70bn | $17.27bn | $19.21bn | $19.54bn | $21.17bn | $20.93bn | $20.74bn | $21.02bn |
| Cash and short-term investments | $371.6m | $218.0m | $55.1m | $46.6m | $698.1m | $68.0m | $49.4m | $37.4m |
| Debt | $820.0m | $7.27bn | $6.56bn | $7.62bn | $8.28bn | $8.07bn | $8.15bn | $8.46bn |
| Shareholders' equity | $6.40bn | $6.36bn | $8.16bn | $8.09bn | $8.92bn | $8.93bn | $8.78bn | $8.80bn |
Financial ratios
Data as of 6 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 23.9% | 25.9% | 27.7% | 26.6% | 24.6% | 28.4% | — |
| Operating margin | -12.7% | 13.6% | 8.7% | 10.7% | 13.5% | 16.4% | — |
| Net margin | -17.0% | 9.9% | 2.9% | 5.6% | 7.7% | 11.6% | — |
| Return on equity | -30.1% | 12.9% | 4.1% | 7.8% | 10.1% | 15.2% | — |
| Return on assets | -11.1% | 5.5% | 1.7% | 3.1% | 4.0% | 5.9% | — |
| Free cash flow yield | 28.8% | 33.0% | 38.0% | 21.5% | 25.9% | 31.1% | — |
| Revenue growth | -2.9% | -3.6% | -1.8% | 6.4% | 3.1% | 1.2% | — |
| Earnings growth | -266.3% | 231.9% | -49.2% | -23.0% | -31.6% | 54.6% | — |
| Current ratio | 0.90x | 0.71x | 0.97x | 0.76x | 0.86x | 0.82x | — |
| Debt to equity | 1.14x | 0.90x | 1.00x | 1.06x | 1.02x | 1.05x | — |
| Equity ratio | 36.8% | 42.7% | 40.5% | 39.6% | 39.2% | 38.5% | — |
| Interest coverage | -3.75x | 3.78x | 2.40x | 3.18x | 4.09x | 4.34x | — |
| R&D as a share of sales | — | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% |
| Buybacks as a share of market value | -0.3% | 0.1% | 0.1% | 0.2% | 0.2% | 1.8% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.8% | 0.2% | 2.7% |
| Net income | — | — | 11.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 24.9% | 26.0% | 26.2% | 27.1% |
| Operating margin | -1.2% | 3.5% | 6.8% | 8.4% |
| Net margin | -3.3% | 0.6% | 3.5% | 4.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.8 | 7.2 | 38.3 | 20.1 | 20.9 | 12.7 | 21.2 | 24.6 | 11.2 | 24.2 |
| Price to sales | 0.7 | 0.7 | 1.1 | 1.1 | 1.6 | 1.5 | 1.6 | 1.8 | 1.1 | 2.0 |
Market value over time
30 Nov 2016 to 5 Oct 2026, in USD
$16.18bn$6.33bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -35% | -7% | -23% | 11% | -5% | 3% | 44% | -36% | -0% | -8% |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 30 Jul 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.175 | 1.40 | 1.40 | 1.40 | 1.32 | 1.25 | 1.038 | 0.85 |
- 2-for-1 split · 2 Oct 1997
- 3-for-2 split · 2 Dec 1991
- 1.5-for-1 split · 4 Dec 1989
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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