268.46
+2.72%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$22.57bn
FY2016FY2025
Net income
$323.7m
FY2016FY2025
Free cash flow
$374.9m
FY2016FY2025
Shareholders' equity
$2.79bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.57bn | $19.93bn | $17.87bn | $16.22bn | $13.48bn | $10.60bn | $11.60bn | $11.60bn | $11.12bn | $10.89bn |
| Gross profit | $3.50bn | $3.24bn | $3.02bn | $2.97bn | $2.44bn | $1.73bn | $1.76bn | $1.73bn | $1.65bn | $1.60bn |
| Operating income | $948.7m | $909.1m | $968.6m | $1.09bn | $884.4m | $495.7m | $358.3m | $341.1m | $341.9m | $340.2m |
| Net income | $323.7m | $498.2m | $601.6m | $751.5m | $552.1m | $286.5m | $174.0m | $157.8m | $213.4m | $147.1m |
| Diluted earnings per share | 26.88 | 37.52 | 43.91 | 51.47 | 30.67 | 15.84 | 9.34 | 8.61 | 10.53 | 6.85 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $10.35bn | $9.82bn | $7.77bn | $6.72bn | $5.75bn | $5.09bn | $5.57bn | $5.00bn | $4.87bn | $4.46bn |
| Cash and short-term investments | $32.5m | $34.4m | $57.2m | $47.9m | $14.9m | $69.0m | $23.8m | $15.9m | $28.8m | $21.0m |
| Total liabilities | $7.56bn | $6.85bn | $5.10bn | $4.48bn | $3.92bn | $3.64bn | $4.31bn | $3.91bn | $3.75bn | $3.53bn |
| Debt | $5.62bn | $4.94bn | $3.66bn | $3.09bn | $2.57bn | $2.45bn | $3.10bn | $3.05bn | $2.92bn | $2.73bn |
| Shareholders' equity | $2.79bn | $2.97bn | $2.67bn | $2.24bn | $1.83bn | $1.45bn | $1.26bn | $1.10bn | $1.12bn | $930.2m |
| Shares outstanding | 12m | 13m | 14m | 15m | 18m | 18m | 19m | 18m | 20m | 21m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $644.9m | $466.7m | $63.5m | $585.9m | $1.26bn | $805.4m | $370.9m | $231.6m | $207.2m | $397.5m |
| Capital spending | −$270.0m | −$245.1m | −$185.4m | −$155.5m | −$143.6m | −$103.2m | −$191.8m | −$141.0m | −$215.8m | −$156.5m |
| Free cash flow | $374.9m | $221.6m | −$121.9m | $430.4m | $1.12bn | $702.2m | $179.1m | $90.5m | −$8.6m | $241.0m |
| Dividends paid | −$25.6m | −$25.2m | −$25.2m | −$23.7m | −$23.9m | −$11.0m | −$20.3m | −$20.9m | −$20.5m | −$20.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.39bn | $5.41bn | $5.58bn | $5.78bn | $5.70bn | $5.51bn | $5.55bn | $5.22bn |
| Gross profit | $860.6m | $877.9m | $842.9m | $888.1m | $907.0m | $862.7m | $879.2m | $852.7m |
| Operating income | $203.1m | $242.6m | $139.3m | $114.7m | $261.8m | $244.0m | $193.7m | $231.6m |
| Net income | $103.3m | $130.2m | $43.0m | $13.1m | $139.8m | $127.7m | $94.8m | $117.3m |
| Diluted earnings per share | 8.75 | 11.03 | 3.57 | 1.09 | 11.61 | 10.60 | 7.14 | 8.83 |
| Cash from operations | $126.0m | $82.0m | $90.0m | $111.0m | $252.0m | $190.0m | $261.0m | $232.0m |
| Capital spending | −$42.0m | −$84.0m | −$77.0m | −$68.0m | −$71.0m | −$52.0m | −$92.0m | −$49.0m |
| Free cash flow | $84.0m | −$2.0m | $13.0m | $43.0m | $181.0m | $138.0m | $169.0m | $183.0m |
| Total assets | $10.29bn | $10.06bn | $10.35bn | $10.39bn | $10.23bn | $9.89bn | $9.82bn | $9.98bn |
| Cash and short-term investments | $164.5m | $41.7m | $32.5m | $30.8m | $52.7m | $70.5m | $34.4m | $58.7m |
| Debt | $5.57bn | $5.43bn | $5.64bn | $5.41bn | $5.19bn | $4.99bn | $4.96bn | $5.19bn |
| Shareholders' equity | $2.95bn | $2.84bn | $2.79bn | $3.05bn | $3.14bn | $2.99bn | $2.97bn | $2.98bn |
Financial ratios
Data as of 21 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 15.5% | 16.3% | 16.9% | 18.3% | 18.1% | 16.4% |
| Operating margin | 3.4% | 4.6% | 5.4% | 6.7% | 6.6% | 4.5% |
| Net margin | 1.4% | 2.5% | 3.4% | 4.6% | 4.1% | 2.7% |
| Return on equity | 11.6% | 16.8% | 22.5% | 33.6% | 30.2% | 19.8% |
| Return on assets | 3.1% | 5.1% | 7.7% | 11.2% | 9.6% | 5.6% |
| Free cash flow yield | 31.6% | 22.3% | 7.5% | 21.1% | 32.4% | 20.9% |
| Revenue growth | 13.2% | 11.5% | 10.2% | 20.3% | 27.2% | -8.6% |
| Earnings growth | -35.0% | -17.2% | -19.9% | 36.1% | 92.7% | 64.7% |
| Current ratio | 1.08x | 1.03x | 1.11x | 1.03x | 1.08x | 1.09x |
| Debt to equity | 2.02x | 1.68x | 1.38x | 1.39x | 1.42x | 1.70x |
| Equity ratio | 26.9% | 30.3% | 34.4% | 33.3% | 31.7% | 28.5% |
| Interest coverage | 2.45x | 3.64x | 5.88x | 10.40x | 10.60x | 4.77x |
| Buybacks as a share of market value | 9.3% | 3.1% | 6.2% | 18.9% | 0.5% | 2.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 11.6% | 16.3% | 7.8% |
| Operating income | -4.5% | 13.9% | 13.0% |
| Net income | -24.5% | 2.5% | 13.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 15.9% | 16.6% | 16.8% | 16.1% |
| Operating margin | 4.4% | 5.1% | 5.3% | 4.4% |
| Net margin | 1.9% | 2.8% | 3.0% | 2.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 14.6 | 11.2 | 6.9 | 3.5 | 6.4 | 8.3 | 10.7 | 6.1 | 6.7 | 11.4 |
| Price to sales | 0.2 | 0.3 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 |
Market value over time
30 Nov 2016 to 20 Oct 2026, in USD
$1.52bn$2.87bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -2% | 37% | 76% | -11% | 59% | 16% | 105% | -33% | -5% | 8% |
Dividends and splits
Per share, in the currency the company pays
Paid for 16 years. Last went ex-dividend on 1 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.65 | 2.00 | 1.88 | 1.80 | 1.50 | 1.33 | 0.60 | 1.09 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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