Archer-Daniels-Midland Company logo ADM - Archer-Daniels-Midland Company

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 12
HOLD 21
SELL 3
STRONG
SELL 0
| PRICE TARGET: $75.75 DETAILS
HIGH: $95.00
LOW: $60.00
MEDIAN: $74.00
CONSENSUS: $75.75
DOWNSIDE: 8.94%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986
Revenue
Revenue 80,269 85,530 93,935 101,556 85,249 64,355 64,656 64,341 60,828 62,346 67,702 81,201 89,804 89,038 89,038 80,676 61,682 69,207 69,816 44,018 36,596.1 35,943 36,151.4 30,708.0 22,611.9 20,051.4 12,876.8 14,283.3 16,108.6 13,853.3 13,239.8 12,671.9 11,374.4 9,811.4 9,231.5 8,468.2 7,751.3 7,928.8 6,798.4 5,774.6
Cost of Revenue 75,236 79,752 86,422 93,986 79,262 59,902 60,509 60,160 57,310 58,728 63,736 76,433 85,915 85,370 85,370 76,376 57,839 65,118 65,974 40,781 33,630.3 33,512 34,003.1 28,980.9 20,928.4 18,619.6 11,009.6 12,429.1 14,167.6 12,077.2 11,433.9 10,622.6 9,882.3 8,419.9 7,894.7 7,310.6 6,597.1 6,888.6 5,907.8 5,079.1
Gross Profit 5,033 5,778 7,513 7,570 5,987 4,453 4,147 4,181 3,518 3,618 3,966 4,768 3,889 3,668 3,668 4,300 3,843 4,089 3,842 3,237 2,965.8 2,431 2,148.3 1,727.1 1,683.5 1,431.8 1,867.2 1,854.2 1,941 1,776.1 1,805.9 2,049.3 1,492.1 1,391.5 1,336.8 1,157.6 1,154.2 1,040.2 890.6 695.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 28 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 3,609 3,706 3,456 3,358 2,994 2,687 2,493 2,165 1,978 1,981 1,985 1,933 1,759 1,626 1,626 1,611 1,398 1,412 1,419 1,195 1,192.7 1,081 1,401.8 947.7 826.9 731.0 729.4 701.1 660.7 675.1 473.3 429.4 371.2 324.8 294.8 279.2 231.7 197.4 165.7 158.8
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 437 0 0 0 0 0 0 0 0 0 0 0 0 647.6 622.2 560.1 475.5 419.2 406.8 354.5 328.5 293.7 261.4 248.1 220.5 184 155.9
Operating Expenses 3,609 3,706 3,456 3,358 2,994 2,687 2,493 2,165 1,978 1,981 1,985 1,933 1,759 2,063 1,626 1,611 1,398 1,412 1,419 1,195 1,192.7 1,081 1,401.8 947.7 826.9 731.0 1,377.0 1,323.3 1,220.8 1,150.6 892.5 836.2 725.7 653.3 588.5 540.6 479.8 417.9 349.7 314.7
Operating Income
Operating Income 1,424 2,072 4,057 4,212 2,993 1,766 1,654 2,016 1,540 1,637 1,981 2,835 2,130 1,765 2,042 2,689 2,445 2,677 2,423 2,042 1,773.1 1,350 746.5 779.4 856.5 700.8 490.2 530.9 720.2 625.5 913.4 1,213.1 766.4 738.2 748.3 617 674.4 622.3 540.9 380.8
Interest Expense 612 706 653 405 284 320 403 365 331 291 309 338 414 441 442 483 422 430 477 434 365.2 326.6 342.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 118 562 499 293 96 88 192 162 106 92 71 92 102 336 112 136 126 181 269 257 204.1 135.3 116.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 3,048 4,102 6,000 6,657 4,574 3,198 2,983 3,365 2,863 3,015 3,474 4,361 3,346 2,827 3,054 4,374 3,919 3,749 3,822 2,743 2,429.8 2,015 1,436.3 1,428.2 1,470.6 1,322.7 1,137.9 1,153.1 1,280.3 1,101 1,332.6 1,619.9 1,120.9 1,066.7 1,042 878.4 922.5 842.8 724.9 536.7
EBIT 1,867 2,961 4,941 5,629 3,578 2,222 1,990 2,424 1,939 2,115 2,592 3,467 2,437 2,229 2,206 3,497 3,007 2,969 3,101 2,042 1,773.1 1,350 746.5 779.4 856.5 700.8 490.2 530.9 720.2 625.5 913.4 1,213.1 766.4 738.2 748.3 617 674.4 622.3 540.9 380.8
Income Before Tax 1,255 2,255 4,294 5,233 3,313 1,883 1,588 2,060 1,609 1,822 2,284 3,130 2,024 1,765 1,765 3,015 2,585 2,500 2,624 3,154 1,855.2 1,516 718.0 631.0 718.9 521.9 353.2 419.8 610 644.4 1,054.4 1,181.5 738.3 746 759.6 718 753.1 667.8 572 477.9
Income Tax Expense 182 476 828 868 578 101 209 245 7 534 438 877 670 523 523 997 666 812 822 992 543.2 472 223.3 179.8 207.8 138.6 52.3 138.5 206.4 267.1 358.5 385.6 254.2 211.5 255.8 251.3 269.6 243.1 218.9 212.5
Net Income 1,078 1,800 3,483 4,340 2,709 1,772 1,379 1,810 1,595 1,279 1,849 2,248 1,342 1,223 1,223 2,036 1,930 1,684 1,802 2,162 1,312.1 1,044 494.7 451.1 511.1 383.3 300.9 266 403.6 377.3 695.9 795.9 484.1 567.5 503.8 466.7 483.5 424.7 353.1 265.4
Per Share Data
EPS (Basic) 2.23 3.66 6.44 7.72 4.80 3.16 2.45 3.21 2.80 2.18 2.99 3.44 2.03 1.85 3.17 3.00 2.65 2.80 3.32 2.01 1.60 0.76 0.70 0.78 0.55 0.41 0.32 0.56 0.43 0.74 1.04 0.63 0.78 0.69 0.64 0.66 0.59 0.49 0.36 0.33
EPS (Diluted) 2.23 3.65 6.43 7.71 4.79 3.15 2.44 3.19 2.79 2.16 2.98 3.43 2.02 1.85 3.11 3.00 2.65 2.79 3.30 2.00 1.59 0.76 0.70 0.78 0.55 0.41 0.32 0.49 0.43 0.74 0.78 0.63 0.78 0.69 0.64 0.66 0.59 0.49 0.36 0.33
Shares Outstanding 484 478 541 562 564 561 563 564 569 588 618 653 661 660 642 643 643 644 651 654 654 647.7 646.1 657.0 697.7 737.9 829.4 720.4 887.1 945.5 761.8 766.3 724.4 725.8 726.1 730.8 724.0 720.1 735.9 729.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986
Current Assets
Cash & Cash Equivalents 1,015 611 1,368 1,037 943 666 852 1,997 804 619 910 1,099 3,121 1,291 1,291 615 1,046 1,055 810 663 1,112.9 334.3 540.2 765.0 844.2 676.1 477.2 681.4 346.3 397.8 534.7 454.6 316.4 386.5 964.4 647.6 408.4 433.6 644.4 465.1
Short-Term Investments 32 246 0 0 0 0 0 0 0 296 438 515 433 176 176 739 394 500 2,490 212 0 914.3 871.4 544.7 134.5 141.7 454.2 222.2 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 0 5,950 6,496 7,569 5,771 4,984 5,206 3,844 3,762 4,405 4,660 6,243 5,098 3,439 3,439 4,808 6,122 7,311 11,483 6,404 4,471.2 4,199.3 4,040.8 3,320.3 2,849.5 2,416.4 2,139.9 1,922.2 1,990.7 1,329.4 1,131.6 1,013.6 1,041.8 824.9 696.8 639 632.9 510.9 637.8 450.7
Inventory 0 11,572 11,957 14,771 14,481 11,713 9,170 8,813 9,173 8,831 8,243 9,374 11,441 12,192 12,192 12,055 7,871 7,782 10,160 6,060 4,677.5 4,202.7 4,591.6 3,550.2 3,255.4 2,631.9 2,856.9 2,732.7 2,562.7 2,094.1 1,790.6 1,473.9 1,422.1 1,131.8 1,025 917.5 771.2 695 773.7 784.3
Other Current Assets 7,888 9,060 9,501 11,590 10,344 9,633 5,801 5,750 5,954 6,626 7,172 8,304 8,437 9,856 9,856 9,287 2,961 2,760 512 1,783 1,564.7 433.4 294.9 241.7 0 0 234.1 231.1 552 463 927.8 770.5 1,130.5 1,578.5 527.2 327.5 491.3 466.2 62.9 49.6
Total Current Assets 8,935 27,718 29,767 35,410 31,909 27,286 21,347 20,588 19,925 21,045 21,829 26,028 28,530 16,113 26,954 27,504 18,394 19,408 25,455 15,122 11,826.3 10,084.0 10,339.0 8,421.9 7,363.2 6,150.3 6,162.4 5,789.6 5,451.7 4,284.3 4,384.7 3,712.6 3,910.8 3,921.7 3,213.4 2,531.6 2,303.8 2,105.7 2,118.8 1,749.7
Non-Current Assets
Property, Plant & Equipment 11,179 12,195 11,719 11,021 10,826 10,881 11,077 9,953 10,138 9,758 9,853 9,851 10,137 9,812 9,812 9,500 8,712 7,950 7,125 6,010 5,293.0 5,272.3 5,254.7 5,468.7 4,890.2 4,920.4 5,277.1 5,567.2 5,322.7 4,708.6 4,114.3 3,762.3 3,538.6 3,214.8 3,060.1 2,695.6 2,131.8 1,832.3 1,661.2 1,478.5
Goodwill 0 4,509 4,103 4,162 4,182 3,451 3,385 2,496 2,374 2,246 2,185 2,010 364 551 603 602 523 532 506 317 322.3 0 337.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 6,744 2,260 2,238 2,382 2,565 2,134 2,091 1,545 1,544 1,457 1,503 1,382 197 208 0 0 0 0 0 0 0 344.0 0 344.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 5,560 5,276 5,500 5,467 5,285 4,913 5,132 5,317 5,180 4,684 4,340 4,377 4,046 3,650 3,650 3,906 3,477 3,085 2,773 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 2,241 1,313 1,304 1,332 1,369 1,054 965 934 802 579 447 349 478 (249) 752 840 702 607 1,197 3,669 3,827.4 3,674.9 3,437.6 2,947.6 3,162.8 3,269.2 2,983.7 2,673.1 3,059.1 2,361.5 1,950.9 2,282 1,297.5 1,267.6 1,251 1,033.4 1,014.4 790.3 617.6 633.9
Total Non-Current Assets 25,724 25,553 24,864 24,364 24,227 22,433 22,650 20,245 20,038 18,724 18,328 17,969 15,222 14,599 14,817 14,848 13,414 12,174 11,601 9,996 9,442.8 9,291.2 9,029.8 8,761.0 8,053.0 8,189.6 8,260.7 8,240.3 8,381.8 7,070.1 6,065.2 6,044.3 4,836.1 4,482.4 4,311.1 3,729 3,146.2 2,622.6 2,278.8 2,112.4
Total Assets 34,659 53,271 54,631 59,774 56,136 49,719 43,997 40,833 39,963 39,769 40,157 43,997 43,752 30,712 41,771 42,352 31,808 31,582 37,056 25,118 21,269.0 19,375.2 19,368.8 17,182.9 15,416.3 14,339.9 14,423.1 14,029.9 13,833.5 11,354.4 10,449.9 9,756.9 8,746.9 8,404.1 7,524.5 6,260.6 5,450 4,728.3 4,397.6 3,862.1
Current Liabilities
Account Payables 0 5,535 6,313 7,803 6,388 4,474 3,746 3,545 3,894 3,606 3,474 4,326 4,513 2,474 2,474 2,581 5,538 5,786 6,544 4,919 4,014.4 3,889.9 3,238.2 2,848.9 2,331.0 1,794.7 2,139.7 2,004.4 1,634.7 1,126.3 993.4 725 690.8 555.5 473 362.6 315.4 283.4 0 0
Short-Term Debt 798 2,577 106 1,445 1,528 2,044 1,209 690 870 427 98 132 1,523 2,108 3,785 2,053 718 404 3,355 533 629.2 811.8 1,931.3 1,310.4 1,273.3 1,257.8 1,582.5 1,268.3 1,566.3 628.5 114.5 15.6 23.7 31.3 30.3 136.8 20.2 15.3 16.7 13.7
Deferred Revenue 0 8,462 8,643 10,550 9,546 7,086 5,626 5,129 5,492 6,223 6,972 7,558 4,832 (10,841) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 1,318 1,540 2,018 2,395 2,980 1,042 1,098 699 651 605 1,156 824 12,411 2,995 2,759 0 0 0 0 0 0 0 0 0 0 610.7 567.6 516.3 494 525.7 431.8 412.5 373.4 433.5 357.5 340.7 319.8 693.4 483.6
Total Current Liabilities 798 19,938 18,662 24,191 21,948 18,182 13,734 11,776 12,570 13,173 13,505 15,602 15,658 2,108 14,626 13,218 8,833 8,885 14,621 7,868 6,164.8 5,793.6 6,750.2 5,147.5 4,719.3 3,867.0 4,332.9 3,840.3 3,717.3 2,248.8 1,633.6 1,172.4 1,127 960.2 936.8 856.9 676.3 618.5 710.1 497.3
Non-Current Liabilities
Long-Term Debt 7,612 7,580 8,259 7,735 8,011 7,885 7,672 7,698 6,623 6,504 5,779 5,528 5,347 8,212 6,535 8,266 6,830 7,592 7,690 4,752 4,050.3 3,695.4 3,739.9 3,872.3 3,111.3 3,351.1 3,277.2 3,191.9 2,847.1 2,344.9 2,003 2,070.1 2,021.4 2,039.1 1,562.5 980.3 750.9 690.1 692.9 657.5
Deferred Tax Liabilities 0 1,268 1,309 1,402 1,412 1,302 1,194 1,067 1,053 1,669 1,563 1,662 1,448 783 1,001 1,018 439 308 473 532 756.6 762.5 653.8 543.6 631.9 644.3 560.8 619.8 632.9 597.5 562.4 538.4 432.4 414.1 485.3 452.7 403.8 382.8 360 335.1
Other Non-Current Liabilities 3,222 997 1,005 1,014 1,233 1,391 1,333 1,247 1,342 1,218 1,395 1,575 1,105 1,440 1,440 1,012 1,075 1,144 782 713 490.5 593.0 526.7 550.4 198.9 145.9 141.9 137.3 131.3 113.1 106.1 121.8 120.7 107.4 47.5 48.4 45.8 3.4 4.1 4.5
Total Non-Current Liabilities 10,834 10,902 11,504 10,967 11,421 11,441 10,980 10,012 9,018 9,391 8,737 8,765 7,900 10,435 8,976 10,296 8,344 9,044 8,945 5,997 5,297.4 5,050.9 4,920.4 4,966.2 3,942.2 4,141.3 3,979.9 3,949 3,611.3 3,055.5 2,671.5 2,730.3 2,574.5 2,560.6 2,095.3 1,481.4 1,200.5 1,076.3 1,057 997.1
Total Liabilities 11,632 30,840 30,166 35,158 33,369 29,623 24,714 21,788 21,588 22,564 22,242 24,367 23,558 12,543 23,602 23,514 17,177 17,929 23,566 13,865 11,462.1 10,844.5 11,670.6 10,113.7 8,661.5 8,008.2 8,312.9 7,789.3 7,328.6 5,304.3 4,305.1 3,902.7 3,701.5 3,520.8 3,032.1 2,338.3 1,876.8 1,694.8 1,767.1 1,494.4
Stockholders' Equity
Common Stock 3,281 3,223 3,154 3,147 2,994 2,824 2,655 2,560 2,398 2,327 3,180 5,115 6,136 6,102 6,102 6,636 0 0 0 0 0 5,473.8 5,431.5 5,373.0 5,436.2 5,700.7 5,232.6 5,081.3 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 21,983 21,933 23,465 23,646 21,655 19,780 18,958 18,527 17,552 17,444 16,865 15,701 14,077 12,774 12,774 11,996 10,357 8,778 7,494 5,982 4,081.5 2,665.4 2,183.8 1,863.2 1,567.6 1,187.4 1,325.3 1,419.3 1,568.3 1,857.8 2,274.9 2,185.2 1,629.5 1,516.6 1,461.8 1,285.2 1,257.5 1,100 982.7 801
Accumulated Other Comprehensive Income (2,531) (2,988) (2,487) (2,509) (2,172) (2,604) (2,405) (2,106) (1,637) (2,598) (2,146) (1,241) (57) (907) (907) 176 (899) (355) 957 181 214.4 391.5 83.0 (167.0) (248.9) (464.4) (447.7) (260) 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 22,733 22,168 24,132 24,284 22,477 20,000 19,208 18,981 18,313 17,173 17,899 19,575 20,156 18,169 17,969 18,808 14,609 13,627 13,490 11,253 9,806.9 8,530.7 7,698.2 7,069.2 6,754.8 6,331.7 6,110.2 6,240.6 6,504.9 6,050.1 6,144.8 5,854.2 5,045.4 4,883.3 4,492.4 3,922.3 3,573.2 3,033.5 2,630.5 2,367.7
Total Liabilities & Equity 34,659 53,271 54,631 59,774 56,136 49,719 43,997 40,833 39,963 39,769 40,157 43,997 43,752 30,712 41,771 42,352 31,808 31,582 37,056 25,118 21,269.0 19,375.2 19,368.8 17,182.9 15,416.3 14,339.9 14,423.1 14,029.9 13,833.5 11,354.4 10,449.9 9,756.9 8,746.9 8,404.1 7,524.5 6,260.6 5,450 4,728.3 4,397.6 3,862.1
Debt Metrics
Total Debt 8,410 11,538 9,596 10,288 10,581 11,053 9,877 8,388 7,493 6,931 5,877 5,660 6,870 10,320 10,320 10,319 7,548 7,996 11,045 5,285 4,679.5 4,507.3 5,671.2 5,182.7 4,384.6 4,608.9 4,859.7 4,460.2 4,413.4 2,973.4 2,117.5 2,085.7 2,045.1 2,070.4 1,592.8 1,117.1 771.1 705.4 709.6 671.2
Net Debt 7,395 10,927 8,228 9,251 9,638 10,387 9,025 6,391 6,689 6,312 4,967 4,561 3,749 9,029 9,029 9,704 6,502 6,941 10,235 4,622 3,566.7 4,173.0 5,131.0 4,417.7 3,540.4 3,932.8 4,382.5 3,778.8 4,067.1 2,575.6 1,582.8 1,631.1 1,728.7 1,683.9 628.4 469.5 362.7 271.8 65.2 206.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989
Operating Activities
Net Income 1,073 1,779 3,483 4,365 2,735 1,782 1,379 1,815 1,602 1,288 1,846 2,253 1,354 1,242 2,018 1,919 1,707 1,802 2,162 1,312.1 1,044.4 494.7 451.1 511.1 383.3 300.9 281.3 403.6 377.3 695.9 795.9 484.1 534.5 503.8 466.7 483.5 424.7
Depreciation & Amortization 1,181 1,141 1,059 1,028 996 976 993 941 924 900 882 894 909 848 877 912 743 721 701 656.7 664.7 689.9 648.7 614.1 622.0 647.6 622.2 560.1 475.5 419.2 406.8 354.5 328.5 293.7 261.4 248.1 220.5
Stock-Based Compensation 83 74 112 147 161 151 89 109 66 74 79 55 43 38 48 47 65 34 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 2,763 (492) (267) (1,789) 2,654 (5,515) (7,738) (7,456) 316 (585) 249 2,341 2,933 340 (5,232) 6 3,082 (5,608) (1,642) (401.6) 271.9 (985.3) (219.7) 327.2 (217.3) (251.1) 273 (382) (129.7) (191.3) (73) (226.5) (182.6) 28.6 (23) (27.9) 126.4
Other Non-Cash Items 397 418 96 (184) 178 145 (196) (146) 17 (258) (757) (441) (174) 396 (571) (185) (259) (186) 109 96.4 (96.5) (98.4) 95.8 69.2 72.3 141.7 (0.1) 3 (40.7) (33.2) 36.1 (3.7) (22.8) 12.4 (50.6) (13.9) (12.3)
Operating Cash Flow 5,452 2,790 4,460 3,478 6,595 (2,386) (5,452) (4,784) 2,211 1,475 2,292 5,043 5,226 2,919 (2,340) 2,727 5,341 (3,204) 303 1,376.0 2,126.2 33.3 1,081.0 1,516.6 864.2 815.4 1,219.8 613.4 610.7 853.9 1,191.2 630.4 673.8 868.9 678.4 710.8 779.8
Investing Activities
Capital Expenditure (1,248) (1,563) (1,494) (1,319) (1,169) (823) (828) (842) (1,049) (882) (1,125) (894) (913) (1,477) (1,247) (1,607) (1,898) (1,779) (1,198) (762.0) (623.8) (509.2) (419.9) (349.6) (273.2) (428.7) (807.5) (1,073.3) (779.5) (754.3) (558.6) (514.4) (394.4) (479.5) (467.7) (327.4) (296.6)
Acquisitions (108) (869) 37 32 (1,353) 708 (1,666) (430) 8 65 1,286 (2,303) (44) (241) (218) (62) 60 (2) 282 (182.2) (24.2) (93.0) (527.0) (40.0) (124.6) (30.4) 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (43) (366) (18) (155) (34) (2,121) (5,398) (6,957) (538) (1,401) (1,084) (1,344) (891) (1,328) (2,410) (1,533) (2,402) (1,405) (945) (810.6) (1,433.4) (857.8) (328.9) (455.9) (460.2) (1,101.1) (635.6) (1,569.7) (1,383.1) (816.4) (2,017.6) (2,136.6) (2,691.9) (1,004.8) (766) (1,217.6) (1,385.1)
Sales/Maturities of Investments 277 84 0 0 1 6,728 13,156 14,808 447 258 35 (105) 104 1,945 2,094 1,454 2,312 1,222 1,367 581.5 1,674.2 786.5 271.3 434.8 838.9 912.9 1,139.5 1,007.4 1,607.6 1,260.7 1,940.4 2,643.4 1,637.4 773.8 1,007.4 1,039 1,154.9
Other Investing Activities 105 12 (21) 42 (114) (27) (5) 3 246 749 867 1,280 1,167 (21) 106 40 57 69 139 104.8 105.8 99.1 (64.6) 3.4 (171.3) (412.1) (117.4) 0.1 (429.9) (139.2) (177.7) (241.2) (246.9) (195.4) (452.8) (192.3) (159.3)
Investing Cash Flow (1,017) (2,702) (1,496) (1,400) (2,669) 4,465 5,259 6,582 (886) (1,211) (21) (3,366) (577) (1,122) (1,675) (1,708) (1,871) (1,895) (355) (1,068.5) (301.5) (574.4) (1,069.0) (407.4) (190.4) (1,059.4) (421) (1,635.5) (984.9) (449.2) (813.5) (248.8) (1,695.8) (905.9) (679.1) (698.3) (686.1)
Financing Activities
Net Debt Issuance (1,875) 1,826 (852) (158) (290) 492 301 989 382 1,088 240 (1,708) (2,713) 0 (64) 2,528 (567) (2,789) 3,026 507 482.1 (1,524) 455.7 483.6 (626.6) (286.9) 371.2 (43.2) 1,159.5 653.8 19.9 (14.7) (64.1) 473.3 383.8 269.6 (12.1)
Stock Repurchased 0 (2,327) (2,673) (1,450) 0 (133) (150) (77) (750) (1,000) (2,040) (1,183) (101) (527) (527) (301) (100) (100) (61) (533) (1.6) (139) (4.1) (101.2) (184.5) (62.9) (210.9) (313.8) (81.2) (312.5) (260) (179.6) (355.2) 0 0 0 0
Dividends Paid (987) (985) (977) (899) (834) (809) (789) (758) (730) (701) (687) (624) (501) (461) (455) (395) (11) (11) (54) (97) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (25) (44) (102) 8 6 27 (22) 33 70 34 (162) (62) 73 (660) (51) 2 11 11 2,597 (445) 44.4 (210) (89.5) (1,169.9) (130) 514.8 (503.7) 1,434.5 0.1 (561.8) (84.5) 0 (32.4) (90.4) (0.1) (277.8) (27)
Financing Cash Flow (2,887) (1,530) (4,604) (2,499) (1,118) (423) (660) 187 (1,028) (579) (2,649) (3,577) (3,242) (1,121) 3,584 (1,028) (3,225) 5,246 (398) 282.9 (1,842.5) 316.3 226.8 (941.1) (474.9) 39.9 (463.8) 970.7 237.3 (324.6) (239.5) (451.7) 444.1 353.7 240 (37.7) (39.1)
Cash Position
Net Change in Cash 1,581 (1,466) (1,643) (421) 2,808 1,656 (853) 1,985 297 (315) (189) (2,022) 1,407 676 (431) (9) 245 147 (450) 590.4 (17.8) (224.8) 238.8 168.1 198.9 (204.2) 335.1 (51.5) (136.9) 80.1 138.2 (70.1) (577.9) 316.7 239.3 (25.2) 54.6
Cash at Beginning 3,924 5,390 7,033 7,454 4,646 2,990 3,843 1,858 1,561 1,003 1,099 3,121 1,714 615 1,046 1,055 810 663 1,113 522.4 540.2 765.0 526.1 676.1 477.2 681.4 346.3 397.8 534.7 454.6 316.4 386.5 964.4 647.6 408.4 433.6 379
Cash at End 5,505 3,924 5,390 7,033 7,454 4,646 2,990 3,843 1,858 688 910 1,099 3,121 1,291 615 1,046 1,055 810 663 1,112.9 522.4 540.2 765.0 844.2 676.1 477.2 681.4 346.3 397.8 534.7 454.6 316.4 386.5 964.3 647.7 408.4 433.6
Free Cash Flow 4,204 1,227 2,966 2,159 5,426 (3,209) (6,280) (5,626) 1,162 593 1,167 4,149 4,313 1,442 (3,587) 1,120 3,443 (4,983) (895) 614.0 1,502.4 (475.9) 661.2 1,167.0 591.0 386.7 412.3 (459.9) (168.8) 99.6 632.6 116 279.4 389.4 210.7 383.4 483.2
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986
Income Statement
Revenue 80,269 85,530 93,935 101,556 85,249 64,355 64,656 64,341 60,828 62,346 67,702 81,201 89,804 89,038 89,038 80,676 61,682 69,207 69,816 44,018 36,596.1 35,943 36,151.4 30,708.0 22,611.9 20,051.4 12,876.8 14,283.3 16,108.6 13,853.3 13,239.8 12,671.9 11,374.4 9,811.4 9,231.5 8,468.2 7,751.3 7,928.8 6,798.4 5,774.6
Gross Profit 5,033 5,778 7,513 7,570 5,987 4,453 4,147 4,181 3,518 3,618 3,966 4,768 3,889 3,668 3,668 4,300 3,843 4,089 3,842 3,237 2,965.8 2,431 2,148.3 1,727.1 1,683.5 1,431.8 1,867.2 1,854.2 1,941 1,776.1 1,805.9 2,049.3 1,492.1 1,391.5 1,336.8 1,157.6 1,154.2 1,040.2 890.6 695.5
Operating Income 1,424 2,072 4,057 4,212 2,993 1,766 1,654 2,016 1,540 1,637 1,981 2,835 2,130 1,765 2,042 2,689 2,445 2,677 2,423 2,042 1,773.1 1,350 746.5 779.4 856.5 700.8 490.2 530.9 720.2 625.5 913.4 1,213.1 766.4 738.2 748.3 617 674.4 622.3 540.9 380.8
Net Income 1,078 1,800 3,483 4,340 2,709 1,772 1,379 1,810 1,595 1,279 1,849 2,248 1,342 1,223 1,223 2,036 1,930 1,684 1,802 2,162 1,312.1 1,044 494.7 451.1 511.1 383.3 300.9 266 403.6 377.3 695.9 795.9 484.1 567.5 503.8 466.7 483.5 424.7 353.1 265.4
EPS (Diluted) 2.23 3.65 6.43 7.71 4.79 3.15 2.44 3.19 2.79 2.16 2.98 3.43 2.02 1.85 3.11 3.00 2.65 2.79 3.30 2.00 1.59 0.76 0.70 0.78 0.55 0.41 0.32 0.49 0.43 0.74 0.78 0.63 0.78 0.69 0.64 0.66 0.59 0.49 0.36 0.33
Balance Sheet
Cash & Equivalents 1,015 611 1,368 1,037 943 666 852 1,997 804 619 910 1,099 3,121 1,291 1,291 615 1,046 1,055 810 663 1,112.9 334.3 540.2 765.0 844.2 676.1 477.2 681.4 346.3 397.8 534.7 454.6 316.4 386.5 964.4 647.6 408.4 433.6 644.4 465.1
Total Assets 34,659 53,271 54,631 59,774 56,136 49,719 43,997 40,833 39,963 39,769 40,157 43,997 43,752 30,712 41,771 42,352 31,808 31,582 37,056 25,118 21,269.0 19,375.2 19,368.8 17,182.9 15,416.3 14,339.9 14,423.1 14,029.9 13,833.5 11,354.4 10,449.9 9,756.9 8,746.9 8,404.1 7,524.5 6,260.6 5,450 4,728.3 4,397.6 3,862.1
Total Debt 8,410 11,538 9,596 10,288 10,581 11,053 9,877 8,388 7,493 6,931 5,877 5,660 6,870 10,320 10,320 10,319 7,548 7,996 11,045 5,285 4,679.5 4,507.3 5,671.2 5,182.7 4,384.6 4,608.9 4,859.7 4,460.2 4,413.4 2,973.4 2,117.5 2,085.7 2,045.1 2,070.4 1,592.8 1,117.1 771.1 705.4 709.6 671.2
Stockholders' Equity 22,733 22,168 24,132 24,284 22,477 20,000 19,208 18,981 18,313 17,173 17,899 19,575 20,156 18,169 17,969 18,808 14,609 13,627 13,490 11,253 9,806.9 8,530.7 7,698.2 7,069.2 6,754.8 6,331.7 6,110.2 6,240.6 6,504.9 6,050.1 6,144.8 5,854.2 5,045.4 4,883.3 4,492.4 3,922.3 3,573.2 3,033.5 2,630.5 2,367.7
Cash Flow
Operating Cash Flow 5,452 2,790 4,460 3,478 6,595 (2,386) (5,452) (4,784) 2,211 1,475 2,292 5,043 5,226 2,919 (2,340) 2,727 5,341 (3,204) 303 1,376.0 2,126.2 33.3 1,081.0 1,516.6 864.2 815.4 1,219.8 613.4 610.7 853.9 1,191.2 630.4 673.8 868.9 678.4 710.8 779.8
Capital Expenditure (1,248) (1,563) (1,494) (1,319) (1,169) (823) (828) (842) (1,049) (882) (1,125) (894) (913) (1,477) (1,247) (1,607) (1,898) (1,779) (1,198) (762.0) (623.8) (509.2) (419.9) (349.6) (273.2) (428.7) (807.5) (1,073.3) (779.5) (754.3) (558.6) (514.4) (394.4) (479.5) (467.7) (327.4) (296.6)
Free Cash Flow 4,204 1,227 2,966 2,159 5,426 (3,209) (6,280) (5,626) 1,162 593 1,167 4,149 4,313 1,442 (3,587) 1,120 3,443 (4,983) (895) 614.0 1,502.4 (475.9) 661.2 1,167.0 591.0 386.7 412.3 (459.9) (168.8) 99.6 632.6 116 279.4 389.4 210.7 383.4 483.2