Aflac Incorporated logo AFL - Aflac Incorporated

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 9
HOLD 18
SELL 5
STRONG
SELL 0
| PRICE TARGET: $116.33 DETAILS
HIGH: $130.00
LOW: $99.00
MEDIAN: $118.00
CONSENSUS: $116.33
DOWNSIDE: 4.58%
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 17,438 19,128 18,841 19,151 21,546 22,261 22,241 21,708 21,600 22,489 20,811 22,606 23,827 25,272 22,090 20,658 18,254 16,554 15,393 14,616 14,363 13,281 11,447 10,257 9,598 9,703 8,640 7,104 7,251 7,100 7,190.6 6,110.8 5,000 3,986.5 3,282.7 2,678.4 2,438.2 2,324.6 1,876.1 1,401.5
Cost of Revenue 10,650 12,313 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 0 0 0 0 562 0 0 0 0 0 0 0
Gross Profit 6,788 6,815 18,841 19,151 21,546 22,261 22,241 21,708 21,600 22,489 20,811 22,606 23,827 25,272 22,090 20,658 18,254 16,554 15,393 14,616 14,363 13,281 11,447 10,257 9,598 9,703 8,640 7,104 7,251 7,100 7,190.6 6,110.8 4,438 3,986.5 3,282.7 2,678.4 2,438.2 0 0 0
Operating Expenses
R&D Expenses 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 2,697 0 0 0 0 0 0 0 0 0 0 0 0 0 3,950 3,699 3,545 1,460 1,331 2,640 2,583 2,380 2,152 1,879 1,799 1,798 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Expenses (550) 398 13,579 14,282 16,338 18,102 17,796 17,725 17,582 18,422 16,949 18,115 19,011 20,970 15,190 13,398 12,474 13,180 11,563 9,712 9,554 9,128 8,097 7,119 6,718 6,893 7,862 6,553 7,251 7,100 7,190.6 5,606.4 2 3,986.5 3,282.7 2,678.4 2,438.2 2,324.6 1,876.1 1,401.5
Operating Expenses 2,147 398 13,579 14,282 16,338 18,102 17,796 17,725 17,582 18,422 16,949 18,115 19,011 20,970 19,140 17,097 16,019 14,640 12,894 12,352 12,137 11,508 10,249 8,998 8,517 8,691 7,862 6,553 7,251 7,100 7,190.6 5,606.4 2 3,986.5 3,282.7 2,678.4 2,438.2 2,324.6 1,876.1 1,401.5
Operating Income
Operating Income 4,641 6,417 5,262 4,869 5,208 4,159 4,445 3,983 4,018 4,067 3,862 4,491 4,816 4,302 2,950 3,561 2,235 1,914 2,499 2,264 2,226 1,773 1,198 1,259 1,081 1,012 778 551 0 0 0 504.3 4,436 0 0 0 0 0 0 0
Interest Expense 220 197 195 226 238 242 228 222 240 268 289 317 293 261 196 149 72 29 27 19 23 23 22 20 19 19 18 13 14 16 15.6 13.5 2 5.9 14.1 15.2 19.3 10.6 5.3 5.5
Interest Income 973 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 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 5,525 6,417 5,262 4,869 5,208 4,159 4,445 3,983 4,018 4,067 3,862 4,491 4,816 4,302 2,950 3,561 2,235 1,988 2,499 2,264 2,226 1,773 1,198 1,259 1,081 1,012 778 594 45 48 0 504.3 2 0 0 0 0 0 0 0
EBIT 4,651 6,417 5,262 4,869 5,208 4,159 4,445 3,983 4,018 4,067 3,862 4,491 4,816 4,302 2,950 3,561 2,235 1,914 2,499 2,264 2,226 1,773 1,198 1,259 1,081 1,012 778 551 0 0 0 504.3 2 0 0 0 0 10.6 5.3 5.5
Income Before Tax 4,533 6,417 5,262 4,869 5,208 4,159 4,445 3,983 4,018 4,067 3,862 4,491 4,816 4,302 2,950 3,561 2,235 1,914 2,499 2,264 2,226 1,773 1,198 1,259 1,081 1,012 778 551 0 0 0 504.3 428 0 0 0 0 0 0 0
Income Tax Expense 887 974 603 451 977 (619) 1,141 1,063 (586) 1,408 1,329 1,540 1,658 1,436 1,013 1,233 738 660 865 781 743 507 430 438 394 325 207 64 280 256 251.9 211.5 185 141.2 116 99.2 97.2 90.2 69.9 52.8
Net Income 3,646 5,443 4,659 4,418 4,231 4,778 3,304 2,920 4,604 2,659 2,533 2,951 3,158 2,866 1,937 2,328 1,497 1,254 1,634 1,483 1,483 1,266 768 821 687 687 571 487 585 394 349.1 292.8 254 183.4 148.7 117.2 80.8 108.9 93.3 78.2
Per Share Data
EPS (Basic) 6.86 9.68 7.81 6.96 6.42 6.69 4.45 3.79 5.52 3.23 2.94 3.27 3.40 3.07 2.08 2.48 1.61 1.33 1.68 1.50 1.48 1.25 0.75 0.80 0.66 0.65 0.54 0.46 0.54 0.36 0.30 0.24 0.21 0.15 0.13 0.10 0.07 0.09 0.08 0.07
EPS (Diluted) 6.83 9.63 7.78 6.93 6.39 6.67 4.43 3.77 5.48 3.21 2.93 3.25 3.38 3.06 2.06 2.46 1.60 1.31 1.66 1.48 1.46 1.23 0.74 0.78 0.64 0.63 0.52 0.44 0.52 0.34 0.30 0.24 0.21 0.15 0.12 0.10 0.07 0.09 0.08 0.07
Shares Outstanding 530.0 557.9 596.2 634.8 673.6 713.7 742.4 769.6 792.0 822.9 861.3 902.4 929.0 933.7 933.0 938.1 933.1 946.8 975.7 991.2 1,001.9 1,014.7 1,026.4 1,035.1 1,050.2 1,061.2 1,063.5 1,065.2 1,083.3 1,109.9 1,163.7 1,237.2 1,261.8 1,222.7 1,189.6 1,172 1,154.3 1,210 1,166.2 1,203.1
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 1988 1987 1986
Current Assets
Cash & Cash Equivalents 6,245 6,229 4,306 3,943 5,051 5,141 4,896 4,337 3,491 4,859 4,350 4,658 2,543 2,041 2,249 2,121 2,323 941 1,563 1,203 1,297 3,813 1,052 1,379 852 609 616 374 235.7 0 4.1 17.6 0 0 0 0 0 0 0 0
Short-Term Investments 64,153 65,269 73,290 75,741 98,696 105,882 91,262 82,895 84,313 76,702 67,794 68,270 61,038 61,578 54,036 135 114 87 61 0 0 0 0 0 0 0 0 10 43.3 261.7 232.2 330.9 0 0 0 0 0 0 0 0
Net Receivables 1,553 779 848 647 672 796 828 851 827 669 705 842 1,165 976 680 661 764 920 732 535 584 417 547 435 341 301 270 272 215.7 227.0 321.1 303.7 232 179.5 159.7 144 120.2 0 0 0
Inventory 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 (72,277) (78,444) (80,331) (104,419) 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 0 0 0 0 0 0 0 0 0
Total Current Assets 71,951 0 0 0 0 111,819 96,986 88,083 88,631 82,230 72,849 73,770 64,746 64,595 56,965 2,917 3,201 1,948 2,356 1,738 1,881 4,231 1,599 1,814 1,193 909 886 656 495.0 488.7 557.4 652.3 232 179.5 159.7 144 120.2 0 0 0
Non-Current Assets
Property, Plant & Equipment 351 387 445 530 538 601 581 443 434 433 427 429 481 564 617 620 593 597 496 458 448 515 518 482 455 481 509 427 386.0 471.9 552.1 580.2 361 223.2 132 132.4 124.7 0 0 0
Goodwill 0 263 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 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 9,034 8,758 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 0 60.9 104.5 109.9 114 116.6 121.1 125.6 130.2 0 0 0
Long-Term Investments 33,362 82,031 92,197 95,888 122,299 (105,882) (91,262) (82,895) (84,313) (76,702) (67,794) (68,270) (61,038) (61,578) (54,036) (135) (114) (87) (61) 0 0 0 0 0 0 0 0 (10) (43.3) (261.7) (232.2) (330.9) 0 0 0 0 0 0 0 0
Other Non-Current Assets 1,772 (91,439) (92,642) (96,418) (122,837) 158,548 146,463 134,775 132,465 123,858 112,774 113,838 117,118 127,513 112,691 97,637 80,426 76,873 63,014 57,609 54,032 54,580 48,847 42,762 36,211 35,841 35,646 30,110 28,616.3 24,260.6 24,356.2 19,275.6 14,735 11,382.1 9,731.7 7,632.8 6,140.3 6,073.8 5,030.5 3,302
Total Non-Current Assets 44,519 0 0 0 0 53,267 55,782 52,323 48,586 47,589 45,407 45,997 56,561 66,499 59,272 98,122 80,905 77,383 63,449 58,067 54,480 55,095 49,365 43,244 36,667 36,322 36,155 30,566 28,959.0 24,531.7 24,780.6 19,634.8 15,210 11,721.9 9,984.8 7,890.8 6,395.2 6,073.8 5,030.5 3,302
Total Assets 116,470 117,566 126,724 131,738 157,542 165,086 152,768 140,406 137,217 129,819 118,256 119,767 121,307 131,094 116,237 101,039 84,106 79,331 65,805 59,805 56,361 59,326 50,964 45,058 37,860 37,231 37,041 31,222 29,454 25,020.4 25,338 20,287.1 15,442 11,901.4 10,144.5 8,034.8 6,515.4 6,073.8 5,030.5 3,302
Current Liabilities
Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 838 191 483 1,733 732 807 622 2,887 374 1,323 765 127 0 173 3,249.9 673.3 1,458.2 603.3 0 0 0 0 0 0 0 0
Short-Term Debt 0 0 0 0 0 0 0 0 548 649 0 300 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7 17.5 0 0 15 59.4 62.8 66.3 106.7 0 0 0
Deferred Revenue 1,323 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 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 495 (573) (154) (698) (4,339) 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 0 0 0 0 0 0 0 0 0
Total Current Liabilities 5,807 0 0 0 0 0 0 0 548 649 0 300 0 0 838 191 483 1,733 808 807 622 2,887 374 1,323 765 127 0 173 3,256.9 690.8 1,458.2 603.3 15 59.4 62.8 66.3 106.7 0 0 0
Non-Current Liabilities
Long-Term Debt 8,330 7,402 7,240 7,295 7,839 7,745 6,408 5,765 4,719 4,690 4,951 4,968 4,891 4,343 3,275 3,038 2,599 1,721 2,273 1,426 1,395 1,429 1,409 1,312 1,207 1,079 1,018 596 516 336.1 327.3 184.9 107 66.4 76 91.5 107.2 77.3 36.8 24
Deferred Tax Liabilities 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 72,764 (7,498) (7,364) (7,442) (7,956) 123,628 117,240 111,166 107,330 103,977 95,577 96,138 101,790 110,764 99,168 86,754 72,607 69,238 53,929 49,231 46,417 47,434 42,535 36,029 30,463 31,331 32,155 26,683 22,251.1 21,867.9 21,418.4 17,747.1 13,954 10,693.7 9,082.2 7,086 5,599.3 5,354.1 4,444.6 2,831.9
Total Non-Current Liabilities 81,173 0 0 0 0 131,527 123,809 116,944 112,071 108,688 100,548 101,120 106,687 115,116 102,453 89,792 75,206 70,959 56,202 50,657 47,812 48,863 43,944 37,341 31,670 32,410 33,173 27,279 22,767.1 22,204.0 21,745.7 17,932.0 14,061 10,760.1 9,158.2 7,177.5 5,706.5 5,431.4 4,481.4 2,855.9
Total Liabilities 86,980 91,468 104,739 111,598 124,289 131,527 123,809 116,944 112,619 109,337 100,548 101,420 106,687 115,116 103,291 89,983 75,689 72,692 57,010 51,464 48,434 51,750 44,318 38,664 32,435 32,537 33,173 27,452 26,024 22,894.8 23,203.9 18,535.3 14,076 10,819.5 9,221 7,243.8 5,813.2 5,431.4 4,481.4 2,855.9
Stockholders' Equity
Common Stock 136 136 136 135 135 135 135 135 67 67 67 67 67 67 66 66 66 66 66 66 65 65 65 65 65 32 32 32 15.8 15.7 15.6 10.4 10 0 0 0 0 0 0 0
Retained Earnings 54,682 52,277 47,993 44,367 41,381 37,984 34,291 31,788 29,895 25,981 24,007 22,156 19,885 17,387 15,583 14,194 12,410 11,306 10,637 9,304 8,048 6,992 5,885 5,244 4,542 3,956 3,356 2,862 2,442.3 1,917.8 1,577.6 1,277.5 1,030 814.4 666.3 547.8 457.4 400.2 311.5 227.5
Accumulated Other Comprehensive Income 1,452 (2,978) (5,520) (6,429) 7,393 8,934 6,615 2,151 4,028 2,630 625 1,979 (563) 2,715 2,090 862 29 (582) 934 1,426 1,957 2,609 2,493 2,630 2,091 1,668 1,264 1,551 1,558.8 509.9 696.1 402.9 123 0 0 0 0 0 0 0
Total Stockholders' Equity 29,490 26,098 21,985 20,140 33,253 33,559 28,959 23,462 24,365 20,482 17,382 18,716 14,620 15,978 13,506 11,056 8,417 6,639 8,795 8,341 7,927 7,573 6,646 6,394 5,425 4,694 3,868 3,770 3,430.5 2,125.6 2,134.1 1,751.8 1,366 1,081.9 923.5 791 702.2 642.4 549.1 446.1
Total Liabilities & Equity 116,470 117,566 126,724 131,738 157,542 165,086 152,768 140,406 137,217 129,819 118,296 119,767 121,307 131,094 117,102 101,039 84,106 79,331 65,805 59,805 56,361 59,326 50,964 45,058 37,860 37,232 37,041 31,183 29,454.0 25,022.8 25,338.0 20,287.1 15,443 11,901.4 10,144.5 8,034.8 6,515.4 6,073.8 5,030.5 3,302
Debt Metrics
Total Debt 8,409 7,498 7,364 7,442 7,956 7,899 6,569 5,778 5,289 5,360 4,971 5,282 4,897 4,352 3,285 3,038 2,599 1,721 1,465 1,426 1,395 1,429 1,409 1,312 1,207 1,079 1,111 596 523.2 353.5 327.3 184.9 122 125.8 138.8 157.8 213.9 77.3 36.8 24
Net Debt 2,164 1,269 3,058 3,499 2,905 2,758 1,673 1,441 1,798 501 661 624 2,354 2,311 1,036 917 276 780 (98) 223 98 (2,384) 357 (67) 355 470 495 222 287.5 353.5 323.1 167.3 122 125.8 138.8 157.8 213.9 77.3 36.8 24
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 3,646 5,443 4,659 4,418 4,231 4,778 3,304 2,920 4,604 2,659 2,533 2,951 3,158 2,866 1,937 2,328 1,497 1,254 1,634 1,483 1,483 1,266 768 821 687 687 571 487 585 394 349.1 292.8 244 183.4 148.7 117.2 80.8
Depreciation & Amortization 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 0 43 45 48 0 0 0 0 0 0 0
Stock-Based Compensation 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 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (1,159) (644) (1,652) 222 942 662 1,828 2,352 1,559 3,280 3,635 3,505 7,387 11,875 7,188 4,336 3,206 2,492 2,985 2,969 3,158 3,086 2,230 2,069 2,057 2,669 4,524 3,894 4,409 4,637 5,080.1 3,857.0 3,288 2,573.8 2,191.4 1,732.2 1,538.4
Other Non-Cash Items 68 (2,092) 183 (761) (122) 518 323 742 (35) 48 608 94 2 211 1,717 325 1,458 1,219 37 (55) (208) 134 391 148 49 (98) (2,265) (1,711) (2,429) (2,401) (2,503.4) (1,845.6) (1,734) (1,289.4) (1,154.9) (874.7) (822.1)
Operating Cash Flow 2,555 2,707 3,190 3,879 5,051 5,958 5,455 6,014 6,128 5,987 6,776 6,550 10,547 14,952 10,842 6,989 6,161 4,965 4,656 4,397 4,433 4,486 3,389 3,038 2,849 3,245 2,807 2,500 2,598 2,694 2,944.1 2,369.2 1,846 1,503.5 1,240.9 1,006.6 867.3
Investing Activities
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (49) (46) (23) (16) (21) (21) (25) (45) (26) (14) (40) (9) (10) (17.4) (185.4) (112) (96.7) (11.3) (22.6) (14.2)
Acquisitions 0 0 0 0 0 0 0 0 0 0 (40) 0 0 0 0 0 (83) 0 0 0 0 0 0 0 0 0 0 0 350.6 0 0 0 0 0 0 0 0
Purchases of Investments (14,012) (7,109) (3,575) (4,263) (7,371) (6,130) (7,943) (10,181) (11,140) (10,815) (9,150) (14,911) (31,666) (36,089) (27,387) (12,283) (11,690) (8,015) (6,768) (7,365) (8,894) (6,205) (6,244) (5,873) (5,544) (4,453) (4,309) (3,943) (4,196) (3,971) (4,126.5) (3,617.7) (2,818) (3,048.2) (2,324.6) (1,507.8) (1,646.9)
Sales/Maturities of Investments 13,710 7,990 4,297 4,991 4,624 3,981 6,556 9,987 7,794 8,472 5,770 13,857 19,573 13,178 15,973 5,191 7,583 3,124 3,192 3,141 4,455 2,302 3,498 3,157 2,719 1,302 5,888 3,985 2,214 2,285 1,184.7 1,556.2 1,111 1,675 1,160.8 592.6 809.4
Other Investing Activities 1,863 1,900 95 (2,268) 369 (2,470) (1,784) (3,388) (2,085) (1,512) (1,477) (3,187) 1,002 5,959 585 (340) (1,286) 657 (32) 190 (2,237) 2,506 (733) 467 397 118 (4,303) (2,247) (793.6) (809) 0.1 0 25 0 0 13.1 (26.6)
Investing Cash Flow 1,561 2,781 817 (1,540) (2,378) (4,619) (3,171) (3,582) (5,431) (3,855) (4,897) (4,241) (11,091) (16,952) (10,829) (7,432) (5,476) (4,283) (3,654) (4,057) (6,692) (1,418) (3,500) (2,274) (2,473) (3,059) (2,738) (2,245) (2,434) (2,505) (2,959.1) (2,246.9) (1,794) (1,469.9) (1,175.1) (924.7) (878.3)
Financing Activities
Net Debt Issuance 955 629 204 (139) 453 1,195 615 470 (121) 376 (274) 415 700 1,165 158 297 845 (5) (5) 5 91 (12) (20) 20 217 107 352 (1) 206 60 166.9 41.3 (32) (13) (18.9) (56.2) 39.7
Stock Repurchased (3,530) (2,800) (2,801) (2,401) (2,301) (1,537) (1,627) (1,301) (1,351) (1,422) (1,315) (1,210) (813) (118) (308) (121) (10) (1,490) (606) (470) (438) (392) (343) (346) (350) (239) (224) (125) (314) (204) (224.2) (131.7) 0 0 0 0 0
Dividends Paid (1,198) (1,087) (966) (979) (855) (769) (771) (793) (661) (658) (656) (654) (635) (603) (552) (535) (524) (434) (373) (258) (209) (182) (146) (112) (95) (82) (72) (63) (61) (54) (48.9) (44.9) (40) (35.3) (30.2) (26.9) (23.5)
Other Financing Activities (304) (242) (177) (49) (62) (38) 21 (50) 35 39 22 1,269 1,796 1,469 740 475 371 514 282 247 310 234 178 83 148 53 18 8 8 6 3.1 2.2 5 4.5 1 1.9 1.5
Financing Cash Flow (4,069) (3,486) (3,723) (3,551) (2,739) (1,115) (1,713) (1,616) (2,065) (1,619) (2,187) (147) 1,136 1,945 64 161 699 (1,383) (655) (434) (196) (313) (298) (320) (42) (130) 113 (151) (121) (157) (93.4) (130.4) (67) (43.8) (48.1) (81.2) 17.7
Cash Position
Net Change in Cash 16 1,923 363 (1,108) (90) 245 559 846 (1,368) 509 (308) 2,115 502 (208) 128 (202) 1,382 (622) 360 (94) (2,516) 2,761 (327) 527 243 (7) 242 138 27 19 (106.7) (5.8) (13) (46.3) (26.4) (24) (20.1)
Cash at Beginning 6,229 4,306 3,943 5,051 5,141 4,896 4,337 3,491 4,859 4,350 4,658 2,543 2,041 2,249 2,121 2,323 941 1,563 1,203 1,297 3,813 1,052 1,379 852 609 616 374 236 209 190 297.2 23.4 36 46.3 26.4 24 20.1
Cash at End 6,245 6,229 4,306 3,943 5,051 5,141 4,896 4,337 3,491 4,859 4,350 4,658 2,543 2,041 2,249 2,121 2,323 941 1,563 1,203 1,297 3,813 1,052 1,379 852 609 616 374 236 209 190.5 17.6 23 0 0 0 0
Free Cash Flow 2,555 2,707 3,190 3,879 5,051 5,958 5,455 6,014 6,128 5,987 6,776 6,550 10,547 14,952 10,842 6,989 6,161 4,965 4,656 4,374 4,417 4,465 3,368 3,013 2,804 3,219 2,793 2,460 2,589 2,684 2,926.7 2,183.9 1,734 1,406.8 1,229.6 984 853.1
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 17,438 19,128 18,841 19,151 21,546 22,261 22,241 21,708 21,600 22,489 20,811 22,606 23,827 25,272 22,090 20,658 18,254 16,554 15,393 14,616 14,363 13,281 11,447 10,257 9,598 9,703 8,640 7,104 7,251 7,100 7,190.6 6,110.8 5,000 3,986.5 3,282.7 2,678.4 2,438.2 2,324.6 1,876.1 1,401.5
Gross Profit 6,788 6,815 18,841 19,151 21,546 22,261 22,241 21,708 21,600 22,489 20,811 22,606 23,827 25,272 22,090 20,658 18,254 16,554 15,393 14,616 14,363 13,281 11,447 10,257 9,598 9,703 8,640 7,104 7,251 7,100 7,190.6 6,110.8 4,438 3,986.5 3,282.7 2,678.4 2,438.2 0 0 0
Operating Income 4,641 6,417 5,262 4,869 5,208 4,159 4,445 3,983 4,018 4,067 3,862 4,491 4,816 4,302 2,950 3,561 2,235 1,914 2,499 2,264 2,226 1,773 1,198 1,259 1,081 1,012 778 551 0 0 0 504.3 4,436 0 0 0 0 0 0 0
Net Income 3,646 5,443 4,659 4,418 4,231 4,778 3,304 2,920 4,604 2,659 2,533 2,951 3,158 2,866 1,937 2,328 1,497 1,254 1,634 1,483 1,483 1,266 768 821 687 687 571 487 585 394 349.1 292.8 254 183.4 148.7 117.2 80.8 108.9 93.3 78.2
EPS (Diluted) 6.83 9.63 7.78 6.93 6.39 6.67 4.43 3.77 5.48 3.21 2.93 3.25 3.38 3.06 2.06 2.46 1.60 1.31 1.66 1.48 1.46 1.23 0.74 0.78 0.64 0.63 0.52 0.44 0.52 0.34 0.30 0.24 0.21 0.15 0.12 0.10 0.07 0.09 0.08 0.07
Balance Sheet
Cash & Equivalents 6,245 6,229 4,306 3,943 5,051 5,141 4,896 4,337 3,491 4,859 4,350 4,658 2,543 2,041 2,249 2,121 2,323 941 1,563 1,203 1,297 3,813 1,052 1,379 852 609 616 374 235.7 0 4.1 17.6 0 0 0 0 0 0 0 0
Total Assets 116,470 117,566 126,724 131,738 157,542 165,086 152,768 140,406 137,217 129,819 118,256 119,767 121,307 131,094 116,237 101,039 84,106 79,331 65,805 59,805 56,361 59,326 50,964 45,058 37,860 37,231 37,041 31,222 29,454 25,020.4 25,338 20,287.1 15,442 11,901.4 10,144.5 8,034.8 6,515.4 6,073.8 5,030.5 3,302
Total Debt 8,409 7,498 7,364 7,442 7,956 7,899 6,569 5,778 5,289 5,360 4,971 5,282 4,897 4,352 3,285 3,038 2,599 1,721 1,465 1,426 1,395 1,429 1,409 1,312 1,207 1,079 1,111 596 523.2 353.5 327.3 184.9 122 125.8 138.8 157.8 213.9 77.3 36.8 24
Stockholders' Equity 29,490 26,098 21,985 20,140 33,253 33,559 28,959 23,462 24,365 20,482 17,382 18,716 14,620 15,978 13,506 11,056 8,417 6,639 8,795 8,341 7,927 7,573 6,646 6,394 5,425 4,694 3,868 3,770 3,430.5 2,125.6 2,134.1 1,751.8 1,366 1,081.9 923.5 791 702.2 642.4 549.1 446.1
Cash Flow
Operating Cash Flow 2,555 2,707 3,190 3,879 5,051 5,958 5,455 6,014 6,128 5,987 6,776 6,550 10,547 14,952 10,842 6,989 6,161 4,965 4,656 4,397 4,433 4,486 3,389 3,038 2,849 3,245 2,807 2,500 2,598 2,694 2,944.1 2,369.2 1,846 1,503.5 1,240.9 1,006.6 867.3
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (49) (46) (23) (16) (21) (21) (25) (45) (26) (14) (40) (9) (10) (17.4) (185.4) (112) (96.7) (11.3) (22.6) (14.2)
Free Cash Flow 2,555 2,707 3,190 3,879 5,051 5,958 5,455 6,014 6,128 5,987 6,776 6,550 10,547 14,952 10,842 6,989 6,161 4,965 4,656 4,374 4,417 4,465 3,368 3,013 2,804 3,219 2,793 2,460 2,589 2,684 2,926.7 2,183.9 1,734 1,406.8 1,229.6 984 853.1