AMT - American Tower Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$215.40
DETAILS
HIGH:
$255.00
LOW:
$185.00
MEDIAN:
$207.50
CONSENSUS:
$215.40
UPSIDE:
17.16%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||
| Revenue | 10,645.1 | 10,127.2 | 10,012.2 | 9,645.4 | 9,356.9 | 8,041.5 | 7,580.3 | 7,440.1 | 6,663.9 | 5,785.7 | 4,771.5 | 4,100.0 | 3,361.4 | 2,876.0 | 2,443.5 | 1,985.3 | 1,724.1 | 1,593.5 | 1,456.6 | 1,317.4 | 944.8 | 706.7 | 715.1 | 788.4 | 1,134.2 | 735.3 | 258.1 | 103.5 | 17.5 |
| Cost of Revenue | 2,801.5 | 2,574.4 | 2,561.5 | 2,569.2 | 2,682 | 2,227.2 | 2,214 | 2,177.8 | 2,053.7 | 1,788.0 | 1,306.8 | 1,092.4 | 858.3 | 720.7 | 621.0 | 474.6 | 416.4 | 389.9 | 359.6 | 343.5 | 318.1 | 256.1 | 311.7 | 446.2 | 848.0 | 524.1 | 155.9 | 61.8 | 8.7 |
| Gross Profit | 7,843.6 | 7,552.8 | 7,450.7 | 7,076.2 | 6,674.9 | 5,814.3 | 5,366.3 | 5,262.3 | 4,610.2 | 3,997.7 | 3,464.7 | 3,007.6 | 2,503.1 | 2,155.2 | 1,822.6 | 1,510.7 | 1,307.7 | 1,203.6 | 1,097.0 | 973.8 | 626.7 | 450.5 | 403.5 | 342.2 | 286.1 | 211.2 | 102.2 | 41.8 | 8.8 |
| 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 | 5.9 | 8.6 | 14.5 | 1.6 | 0 | 0 |
| SG&A Expenses | 944.2 | 933.4 | 946 | 902.1 | 811.6 | 778.7 | 733.2 | 733.2 | 639.9 | 545.8 | 499.9 | 448.4 | 417.1 | 329.1 | 288.8 | 229.8 | 201.7 | 180.4 | 186.5 | 159.3 | 38.0 | 27.5 | 26.9 | 24.3 | 26.5 | 15.0 | 9.1 | 17.9 | 1.5 |
| Other Expenses | 2,018.8 | 2,102.9 | 3,379.2 | 3,435.5 | 2,731.3 | 2,148.1 | 1,944.7 | 23.8 | 31.3 | (47.8) | (135.0) | (62.1) | (207.5) | (38.3) | 613.6 | 496.6 | 433.8 | 405.3 | 532.1 | 528.1 | 411.3 | 353.3 | 345.1 | 407.6 | 440.4 | 283.4 | 132.5 | 52.1 | 6.3 |
| Operating Expenses | 2,963 | 3,036.3 | 4,325.2 | 4,337.6 | 3,542.9 | 2,926.8 | 2,677.9 | 3,357.3 | 2,611.8 | 2,144.7 | 1,851.9 | 1,520.7 | 1,288.8 | 1,035.5 | 902.4 | 726.4 | 635.5 | 596.9 | 718.6 | 687.4 | 449.2 | 380.8 | 372.0 | 437.9 | 475.5 | 312.8 | 143.3 | 69.9 | 7.9 |
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | 4,880.6 | 4,516.5 | 3,125.5 | 2,738.6 | 3,132 | 2,887.5 | 2,688.4 | 1,905 | 1,998.4 | 1,853.0 | 1,612.8 | 1,486.9 | 1,214.3 | 1,119.7 | 920.1 | 784.4 | 672.3 | 606.8 | 378.4 | 286.5 | 177.4 | 69.8 | 31.5 | (95.6) | (189.3) | (101.6) | (41.1) | (28.1) | 0.9 |
| Interest Expense | 1,017.9 | 1,404.5 | 1,388.2 | 1,136 | 870.9 | 793.5 | 814.2 | 825.6 | 750.8 | 718.3 | 584.7 | 569.7 | 436.1 | 387.4 | 311.9 | 246.0 | 249.8 | 253.6 | 14.2 | 14.2 | 14.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 93.6 | 135.2 | 118.6 | 49.1 | 40.4 | 39.7 | 46.8 | 54.7 | 47.4 | 37.7 | 16.5 | 14.0 | 9.7 | 7.7 | 21.6 | 19.2 | 15.9 | 17.7 | 10.8 | 9.0 | 4.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||
| EBITDA | 6,122.8 | 7,154.1 | 6,004 | 6,577.1 | 6,032.9 | 4,496.9 | 4,509 | 4,091 | 3,721.6 | 3,369.8 | 2,712 | 2,451.2 | 1,801.7 | 1,748.7 | 1,375.7 | 1,264.3 | 1,085.9 | 1,030.8 | 909.1 | 824.2 | 633.9 | 472.1 | 403.4 | 192.3 | 256.4 | 191.7 | 95.6 | 25.8 | 7.4 |
| EBIT | 4,062.1 | 5,029.3 | 2,917.5 | 3,222 | 3,700.3 | 2,614.6 | 2,730.6 | 1,980.2 | 2,005.7 | 1,844.2 | 1,679.1 | 1,447.4 | 1,001.5 | 1,104.4 | 820.2 | 803.5 | 671.3 | 625.5 | 378.4 | 286.5 | 177.4 | 69.8 | (2.6) | (153.5) | (203.2) | (107.3) | (41.1) | (28.1) | 0.9 |
| Income Before Tax | 3,044.2 | 3,624.8 | 1,529.3 | 2,086 | 2,829.4 | 1,821.1 | 1,916.4 | 1,154.6 | 1,256.1 | 1,125.9 | 830.0 | 865.7 | 541.7 | 701.3 | 506.9 | 556.0 | 421.5 | 371.9 | 152.8 | 70.9 | (127.5) | (314.1) | (308.6) | (379.4) | (566.9) | (249.9) | (49.1) | (42.4) | (2.0) |
| Income Tax Expense | 415.7 | 366.3 | 90.8 | 112.8 | 261.8 | 129.6 | (0.2) | (110.1) | 30.7 | 155.5 | 158.0 | 62.5 | 59.5 | 107.3 | 125.1 | 182.5 | 182.6 | 135.5 | 59.8 | 41.8 | 4.0 | (80.2) | (66.1) | (64.6) | (116.8) | (59.7) | 0.2 | (4.5) | (0.5) |
| Net Income | 2,529.8 | 2,255 | 1,483.3 | 1,765.8 | 2,567.7 | 1,690.6 | 1,887.8 | 1,236.4 | 1,238.9 | 956.4 | 685.1 | 824.9 | 551.3 | 637.3 | 392.7 | 372.9 | 246.6 | 347.2 | 56.3 | 27.5 | (171.6) | (247.6) | (303.4) | (1,141.9) | (450.1) | (194.6) | (50.7) | (46.8) | (2.3) |
| Per Share Data | |||||||||||||||||||||||||||||
| EPS (Basic) | 5.40 | 4.83 | 3.18 | 3.83 | 5.69 | 3.81 | 4.27 | 2.81 | 2.69 | 2.00 | 1.42 | 2.02 | 1.40 | 1.61 | 1.00 | 0.93 | 0.62 | 0.88 | 0.14 | 0.06 | -0.57 | -1.10 | -1.46 | -5.84 | -2.35 | -1.15 | -0.34 | -0.59 | -0.01 |
| EPS (Diluted) | 5.39 | 4.82 | 3.18 | 3.82 | 5.66 | 3.79 | 4.24 | 2.79 | 2.67 | 1.98 | 1.41 | 2.00 | 1.38 | 1.60 | 0.99 | 0.92 | 0.61 | 0.84 | 0.13 | 0.06 | -0.57 | -1.10 | -1.46 | -5.84 | -2.35 | -1.15 | -0.34 | -0.59 | -0.01 |
| Shares Outstanding | 469.1 | 467.0 | 466.1 | 461.5 | 451.5 | 443.6 | 442.3 | 439.6 | 428.2 | 425.1 | 418.9 | 396.0 | 395.0 | 394.8 | 395.7 | 401.2 | 398.4 | 395.9 | 413.2 | 424.5 | 302.5 | 224.3 | 208.1 | 195.5 | 191.6 | 168.7 | 149.7 | 79.8 | 273.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||
| Cash & Cash Equivalents | 1,474.8 | 1,999.6 | 1,753.7 | 2,028.4 | 1,949.9 | 1,746.3 | 1,501.2 | 1,208.7 | 802.1 | 787.2 | 247.3 | 143.1 | 215.6 | 105.5 | 127.3 | 36.0 | 82.0 | 25.2 | 186.2 | 4.6 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 4.0 | 9.8 | 2.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 650.3 | 784.8 | 813.2 | 1,125.7 | 1,082.4 | 754.8 | 675.8 | 671.4 | 621.5 | 366.1 | 67.9 | 51.3 | 38.6 | 57.7 | 86.8 | 229.1 | 237.7 | 71.8 | 16.9 | 3.2 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.1 | 49.3 | 47.9 | 11.3 | 0 | 0 |
| Other Current Assets | 369.7 | 234.6 | 989.7 | 228.2 | 474 | 194.7 | 134.2 | 174.4 | 224.6 | 203.4 | 237.3 | 215.8 | 9.5 | 201.8 | 318.2 | 118.2 | 61.2 | 1.7 | 0.5 | 0.1 |
| Total Current Assets | 2,494.8 | 3,178.8 | 3,710 | 3,622.3 | 3,729.4 | 2,905.6 | 2,553.8 | 2,385.1 | 2,038.1 | 1,689.9 | 651.4 | 473.7 | 309.0 | 416.7 | 590.8 | 522.2 | 471.2 | 129.6 | 207.6 | 8.7 |
| Non-Current Assets | ||||||||||||||||||||
| Property, Plant & Equipment | 28,782.8 | 27,146.4 | 19,788.8 | 28,917.2 | 29,009.1 | 20,597.9 | 19,441.8 | 11,247.1 | 11,101 | 10,517.3 | 3,175.5 | 3,022.6 | 2,273.4 | 2,546.5 | 2,734.9 | 3,287.6 | 2,296.7 | 1,092.3 | 449.5 | 117.6 |
| Goodwill | 12,255.5 | 11,768.1 | 12,639 | 12,956.7 | 13,350.1 | 7,282.7 | 6,178.3 | 5,501.9 | 5,638.4 | 5,070.7 | 2,237.8 | 2,186.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 14,530.7 | 14,474.3 | 16,520.7 | 17,983.3 | 20,727.2 | 13,839.8 | 12,318.4 | 11,174.3 | 11,783.3 | 11,274.6 | 1,598.6 | 1,566.2 | 1,578.0 | 1,612.4 | 1,745.5 | 2,507.9 | 2,505.7 | 1,403.9 | 718.6 | 8.4 |
| Long-Term Investments | 15.3 | 103.9 | 7,931.9 | 29.2 | 2,539.6 | 2,084.3 | 1,771.1 | 1,581.7 | 1,499 | 1,289.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4,959.9 | 4,283.2 | 5,258.1 | 3,556.6 | 400.9 | 400.1 | 406.4 | 962.6 | 950.1 | 841.5 | 651.1 | 581.5 | 291.8 | 275.5 | 262.1 | 266.8 | 246.8 | 269.0 | 17.3 | 120.6 |
| Total Non-Current Assets | 60,695.6 | 57,898.6 | 62,317.6 | 63,572.2 | 66,158.5 | 44,327.9 | 40,247.8 | 30,625.3 | 31,176.2 | 29,189.3 | 7,861.3 | 7,738.0 | 4,776.9 | 4,921.0 | 5,125.9 | 6,307.5 | 5,189.5 | 2,879.5 | 1,294.8 | 246.7 |
| Total Assets | 63,190.4 | 61,077.4 | 66,027.6 | 67,194.5 | 69,887.9 | 47,233.5 | 42,801.6 | 33,010.4 | 33,214.3 | 30,879.2 | 8,512.7 | 8,211.7 | 5,086.0 | 5,332.5 | 5,662.2 | 6,829.7 | 5,660.7 | 3,018.9 | 1,502.3 | 255.4 |
| Current Liabilities | ||||||||||||||||||||
| Account Payables | 0 | 240.8 | 251.3 | 218.6 | 272.4 | 139.1 | 148.1 | 130.8 | 142.9 | 118.7 | 185.1 | 152.0 | 121.7 | 107.6 | 113.4 | 214.5 | 161.3 | 25.6 | 6.7 | 3.7 |
| Short-Term Debt | 3,972.7 | 3,693 | 3,067.3 | 4,514.2 | 4,568.7 | 789.8 | 2,928.2 | 2,754.8 | 774.8 | 238.8 | 70.5 | 1.8 | 138.4 | 77.6 | 270.1 | 12.6 | 11.2 | 4.7 | 1.7 | 0.1 |
| Deferred Revenue | 0 | 329.2 | 433.8 | 439.7 | 1,204 | 390.6 | 294.3 | 304.1 | 268.8 | 245.4 | 112.0 | 120.2 | 32.7 | 59.7 | 77.6 | 124.8 | 164.3 | 77.3 | 55.5 | 5.4 |
| Other Current Liabilities | 0 | 0 | 463.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.8) | 0 | 9.9 | 239.4 | 56.1 | 48.2 | 17.5 | 51.7 | 1.8 |
| Total Current Liabilities | 3,972.7 | 7,075.6 | 7,249.3 | 8,311.9 | 9,067.3 | 3,655.5 | 5,487.7 | 4,689.9 | 2,512.1 | 1,631.3 | 391.2 | 302.6 | 332.2 | 294.8 | 670.3 | 342.7 | 297.8 | 125.0 | 115.6 | 11.0 |
| Non-Current Liabilities | ||||||||||||||||||||
| Long-Term Debt | 33,800.7 | 32,808.8 | 35,734 | 34,156 | 38,685.5 | 28,497.7 | 21,127.2 | 18,405.1 | 19,430.3 | 18,294.7 | 4,141.1 | 4,331.3 | 3,155.2 | 3,283.1 | 3,178.7 | 3,549.4 | 2,457.0 | 736.1 | 279.5 | 90.1 |
| Deferred Tax Liabilities | 1,440.3 | 1,262 | 1,310.6 | 1,492 | 1,830.9 | 859.5 | 768.3 | 535.9 | 898.1 | 777.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 |
| Other Non-Current Liabilities | 6,105.9 | 2,885.8 | 3,578.1 | 2,744.7 | 2,652.6 | 1,979.8 | 1,795.2 | 1,970.5 | 1,910.3 | 1,650.8 | 669.5 | 583.2 | 121.5 | 83.5 | 41.4 | 54.5 | 12.5 | 4.1 | 11.4 | 0.0 |
| Total Non-Current Liabilities | 48,862.4 | 44,353.1 | 47,912.9 | 46,474.1 | 51,751 | 38,797.5 | 30,727 | 21,416.1 | 22,747.9 | 21,180.5 | 4,803.3 | 4,911.4 | 3,276.7 | 3,307.6 | 3,236.0 | 3,603.9 | 2,469.5 | 740.1 | 290.8 | 90.5 |
| Total Liabilities | 52,835.1 | 51,428.7 | 55,162.2 | 54,786 | 60,818.3 | 42,453 | 36,214.7 | 26,106 | 25,260 | 22,811.7 | 5,194.5 | 5,214.0 | 3,608.9 | 3,602.3 | 3,906.3 | 3,946.6 | 2,767.3 | 865.1 | 406.5 | 101.5 |
| Stockholders' Equity | ||||||||||||||||||||
| Common Stock | 4.8 | 4.8 | 4.8 | 4.8 | 4.7 | 4.6 | 4.5 | 4.5 | 4.4 | 4.3 | 4.8 | 4.7 | 2.3 | 2.2 | 2.0 | 2.0 | 1.8 | 1.6 | 1.1 | 0.4 |
| Retained Earnings | (5,086) | (4,424.1) | (3,638.8) | (2,101.9) | (1,142.4) | (1,343) | (1,016.8) | (1,199.5) | (1,058.1) | (1,077.0) | (2,109.5) | (2,356.1) | (2,539.4) | (2,190.4) | (1,887.0) | (745.2) | (295.1) | (100.4) | (49.7) | (2.9) |
| Accumulated Other Comprehensive Income | (4,815.8) | (5,954.6) | (5,739.5) | (5,718.3) | (4,738.9) | (3,759.4) | (2,823.6) | (2,642.9) | (1,978.3) | (1,999.3) | (12.6) | (20.0) | (997.0) | (6.7) | (12.3) | (22.8) | (195.3) | (72.5) | (23.0) | (2.9) |
| Total Stockholders' Equity | 3,652.5 | 3,382.2 | 4,198.2 | 5,572.4 | 5,081.2 | 4,093.5 | 5,055.4 | 5,336.1 | 6,241.5 | 6,763.9 | 3,315.1 | 2,991.3 | 1,471.0 | 1,711.5 | 1,740.3 | 2,869.2 | 2,877.0 | 2,145.1 | 1,091.7 | 153.2 |
| Total Liabilities & Equity | 63,190.4 | 61,077.4 | 66,027.6 | 67,194.5 | 69,887.9 | 47,233.5 | 42,801.6 | 33,010.4 | 33,214.3 | 30,879.2 | 8,512.7 | 8,211.7 | 5,086.0 | 5,332.5 | 5,662.2 | 6,829.7 | 5,660.7 | 3,018.9 | 1,502.3 | 255.4 |
| Debt Metrics | ||||||||||||||||||||
| Total Debt | 44,963.9 | 43,954.1 | 46,307 | 47,051 | 52,008.6 | 36,711.8 | 31,060.3 | 21,159.9 | 20,205.1 | 18,533.5 | 4,211.6 | 4,333.1 | 3,293.6 | 3,361.2 | 3,464.7 | 3,562.0 | 2,468.2 | 740.8 | 281.1 | 90.2 |
| Net Debt | 43,489.1 | 41,954.5 | 44,553.3 | 45,022.6 | 50,058.7 | 34,965.5 | 29,559.1 | 19,951.2 | 19,403 | 17,746.3 | 3,964.3 | 4,190.1 | 3,078.1 | 3,255.8 | 3,337.4 | 3,526.0 | 2,386.2 | 715.6 | 95.0 | 85.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||
| Net Income | 2,628.5 | 2,280.2 | 1,367.1 | 1,696.7 | 2,567.6 | 1,691.5 | 1,916.6 | 1,264.7 | 1,225.4 | 970.4 | (171.6) | (247.6) | (303.4) | (1,141.9) | (450.1) | (194.6) | (50.7) | (46.8) | (2.3) |
| Depreciation & Amortization | 2,041.6 | 2,124.8 | 3,086.5 | 3,355.1 | 2,332.6 | 1,882.3 | 1,795.8 | 2,110.8 | 1,715.9 | 1,525.6 | 458.8 | 402.3 | 389.1 | 335.0 | 459.6 | 299.0 | 136.6 | 53.7 | 6.5 |
| Stock-Based Compensation | 174.2 | 203.6 | 195.7 | 169.3 | 119.5 | 120.8 | 111.4 | 137.5 | 108.5 | 89.9 | 2.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (166.6) | (386.5) | (813.9) | (1,619.2) | 102.1 | (423.6) | (250.4) | (14) | (352.2) | (103.8) | (10.0) | (34.5) | (35.3) | 24.0 | (17.9) | (106.5) | 8.1 | 2.4 | 4.5 |
| Other Non-Cash Items | 786.3 | 1,016.1 | 1,069 | 331 | (260.7) | 632.9 | 234.3 | 552.3 | 314.6 | 194.6 | 130.4 | 189.0 | 50.4 | 955.7 | 154.9 | 37.9 | 5.1 | 13.7 | 1.0 |
| Operating Cash Flow | 5,464 | 5,290.5 | 4,722.4 | 3,696.2 | 4,819.9 | 3,881.4 | 3,752.6 | 3,748.3 | 2,925.6 | 2,703.6 | 397.2 | 216.7 | 156.4 | 105.1 | 26.1 | (25.0) | 97.0 | 18.4 | 9.9 |
| Investing Activities | |||||||||||||||||||
| Capital Expenditure | (1,680.4) | (1,590) | (1,798.1) | (1,873.6) | (1,376.7) | (1,031.7) | (991.3) | (913.2) | (803.6) | (682.5) | (88.6) | (42.2) | (61.6) | (180.5) | (568.2) | (549.0) | (294.2) | (126.5) | (20.6) |
| Acquisitions | (306.1) | 2,035.8 | (168) | (549) | (19,303.9) | (3,799.1) | (2,959.6) | (1,881.4) | (2,007) | (1,416.4) | (14.7) | (37.4) | (95.1) | (56.4) | (812.8) | (1,368.0) | (588.4) | (208.7) | (184.1) |
| Purchases of Investments | 0 | 0 | 0 | 0 | (25) | 0 | (355.9) | (1,154.3) | 0 | (0.8) | 0 | 32.0 | 0 | 109.4 | (55.4) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 253.2 | 17.3 | 19.6 | 14.3 | 19.6 | 383.5 | 1,252.2 | 14.7 | 13.1 | 0 | 2.8 | 0 | 7.7 | 1.7 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 274.8 | (288.4) | 253.3 | 47.8 | (0.9) | 26.6 | (64.2) | (52.8) | (5) | (20.9) | 22.9 | (0.5) | 100.7 | 4.6 | (10.7) | (93.7) | (255.1) | (15.2) | (12.1) |
| Investing Cash Flow | (1,711.7) | 410.6 | (1,695.5) | (2,355.2) | (20,692.2) | (4,784.6) | (3,987.5) | (2,749.5) | (2,800.9) | (2,107.4) | (80.5) | (45.2) | (56.0) | (115.3) | (1,445.3) | (2,010.7) | (1,137.7) | (350.4) | (216.8) |
| Financing Activities | |||||||||||||||||||
| Net Debt Issuance | (372.2) | (1,919.3) | (1,283.3) | (4,113.1) | 13,787.4 | 4,151.9 | 2,680.4 | 460.1 | 1,473.7 | 589.4 | (406.4) | (230.9) | (39.6) | 11.7 | 1,100.4 | 1,642.8 | 312.0 | 48.8 | 83.1 |
| Stock Repurchased | (364.6) | 0 | 0 | (18.8) | 0 | (56) | (19.6) | (232.8) | (766.3) | 0 | (68.9) | 0 | 0 | 0 | 0 | 0 | 0 | (303.1) | 0 |
| Dividends Paid | (3,157.2) | (3,074.9) | (2,949.3) | (2,630.4) | (2,271) | (1,928.2) | (1,603) | (1,342.4) | (1,164.4) | (993.2) | 0 | 0 | 0 | 0 | 0 | (0.7) | (0.4) | 0 | 0 |
| Other Financing Activities | (504.3) | (504.6) | (186.9) | 3,047.4 | 2,546.3 | (952.4) | (536.1) | 507.4 | 344 | 212.1 | (9.5) | 129.0 | (209.5) | 88.4 | (93.9) | (85.1) | (66.6) | (238.9) | 126.0 |
| Financing Cash Flow | (4,356.6) | (5,452.4) | (3,097.4) | (1,423.2) | 16,424.5 | 1,215.3 | 521.7 | (607.7) | (113) | (99.3) | (419.5) | (61.4) | (122.2) | 101.4 | 1,373.2 | 2,092.5 | 879.7 | 513.5 | 209.1 |
| Cash Position | |||||||||||||||||||
| Net Change in Cash | (503.0) | 14.8 | (47.3) | (202.6) | 481.9 | 283.4 | 273.1 | 350 | 18.4 | 466.5 | (102.9) | 110.1 | (21.8) | 91.3 | (46.1) | 56.8 | (161.0) | 181.6 | 2.2 |
| Cash at Beginning | 2,108.2 | 2,093.4 | 2,140.7 | 2,343.3 | 1,861.4 | 1,578 | 1,304.9 | 954.9 | 936.5 | 320.7 | 215.6 | 105.5 | 127.3 | 36.0 | 82.0 | 25.2 | 186.2 | 4.6 | 2.4 |
| Cash at End | 1,605.2 | 2,108.2 | 2,093.4 | 2,140.7 | 2,343.3 | 1,861.4 | 1,578 | 1,304.9 | 954.9 | 787.2 | 112.7 | 215.6 | 105.5 | 127.3 | 36.0 | 82.0 | 25.2 | 186.2 | 4.6 |
| Free Cash Flow | 3,783.6 | 3,700.5 | 2,924.3 | 1,822.6 | 3,443.2 | 2,849.7 | 2,761.3 | 2,835.1 | 2,122 | 2,021.1 | 308.6 | 174.5 | 94.8 | (75.3) | (542.1) | (574.0) | (197.2) | (108.0) | (10.7) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||
| Revenue | 10,645.1 | 10,127.2 | 10,012.2 | 9,645.4 | 9,356.9 | 8,041.5 | 7,580.3 | 7,440.1 | 6,663.9 | 5,785.7 | 4,771.5 | 4,100.0 | 3,361.4 | 2,876.0 | 2,443.5 | 1,985.3 | 1,724.1 | 1,593.5 | 1,456.6 | 1,317.4 | 944.8 | 706.7 | 715.1 | 788.4 | 1,134.2 | 735.3 | 258.1 | 103.5 | 17.5 |
| Gross Profit | 7,843.6 | 7,552.8 | 7,450.7 | 7,076.2 | 6,674.9 | 5,814.3 | 5,366.3 | 5,262.3 | 4,610.2 | 3,997.7 | 3,464.7 | 3,007.6 | 2,503.1 | 2,155.2 | 1,822.6 | 1,510.7 | 1,307.7 | 1,203.6 | 1,097.0 | 973.8 | 626.7 | 450.5 | 403.5 | 342.2 | 286.1 | 211.2 | 102.2 | 41.8 | 8.8 |
| Operating Income | 4,880.6 | 4,516.5 | 3,125.5 | 2,738.6 | 3,132 | 2,887.5 | 2,688.4 | 1,905 | 1,998.4 | 1,853.0 | 1,612.8 | 1,486.9 | 1,214.3 | 1,119.7 | 920.1 | 784.4 | 672.3 | 606.8 | 378.4 | 286.5 | 177.4 | 69.8 | 31.5 | (95.6) | (189.3) | (101.6) | (41.1) | (28.1) | 0.9 |
| Net Income | 2,529.8 | 2,255 | 1,483.3 | 1,765.8 | 2,567.7 | 1,690.6 | 1,887.8 | 1,236.4 | 1,238.9 | 956.4 | 685.1 | 824.9 | 551.3 | 637.3 | 392.7 | 372.9 | 246.6 | 347.2 | 56.3 | 27.5 | (171.6) | (247.6) | (303.4) | (1,141.9) | (450.1) | (194.6) | (50.7) | (46.8) | (2.3) |
| EPS (Diluted) | 5.39 | 4.82 | 3.18 | 3.82 | 5.66 | 3.79 | 4.24 | 2.79 | 2.67 | 1.98 | 1.41 | 2.00 | 1.38 | 1.60 | 0.99 | 0.92 | 0.61 | 0.84 | 0.13 | 0.06 | -0.57 | -1.10 | -1.46 | -5.84 | -2.35 | -1.15 | -0.34 | -0.59 | -0.01 |
| Balance Sheet | |||||||||||||||||||||||||||||
| Cash & Equivalents | 1,474.8 | 1,999.6 | 1,753.7 | 2,028.4 | 1,949.9 | 1,746.3 | 1,501.2 | 1,208.7 | 802.1 | 787.2 | 247.3 | 143.1 | 215.6 | 105.5 | 127.3 | 36.0 | 82.0 | 25.2 | 186.2 | 4.6 | |||||||||
| Total Assets | 63,190.4 | 61,077.4 | 66,027.6 | 67,194.5 | 69,887.9 | 47,233.5 | 42,801.6 | 33,010.4 | 33,214.3 | 30,879.2 | 8,512.7 | 8,211.7 | 5,086.0 | 5,332.5 | 5,662.2 | 6,829.7 | 5,660.7 | 3,018.9 | 1,502.3 | 255.4 | |||||||||
| Total Debt | 44,963.9 | 43,954.1 | 46,307 | 47,051 | 52,008.6 | 36,711.8 | 31,060.3 | 21,159.9 | 20,205.1 | 18,533.5 | 4,211.6 | 4,333.1 | 3,293.6 | 3,361.2 | 3,464.7 | 3,562.0 | 2,468.2 | 740.8 | 281.1 | 90.2 | |||||||||
| Stockholders' Equity | 3,652.5 | 3,382.2 | 4,198.2 | 5,572.4 | 5,081.2 | 4,093.5 | 5,055.4 | 5,336.1 | 6,241.5 | 6,763.9 | 3,315.1 | 2,991.3 | 1,471.0 | 1,711.5 | 1,740.3 | 2,869.2 | 2,877.0 | 2,145.1 | 1,091.7 | 153.2 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||
| Operating Cash Flow | 5,464 | 5,290.5 | 4,722.4 | 3,696.2 | 4,819.9 | 3,881.4 | 3,752.6 | 3,748.3 | 2,925.6 | 2,703.6 | 397.2 | 216.7 | 156.4 | 105.1 | 26.1 | (25.0) | 97.0 | 18.4 | 9.9 | ||||||||||
| Capital Expenditure | (1,680.4) | (1,590) | (1,798.1) | (1,873.6) | (1,376.7) | (1,031.7) | (991.3) | (913.2) | (803.6) | (682.5) | (88.6) | (42.2) | (61.6) | (180.5) | (568.2) | (549.0) | (294.2) | (126.5) | (20.6) | ||||||||||
| Free Cash Flow | 3,783.6 | 3,700.5 | 2,924.3 | 1,822.6 | 3,443.2 | 2,849.7 | 2,761.3 | 2,835.1 | 2,122 | 2,021.1 | 308.6 | 174.5 | 94.8 | (75.3) | (542.1) | (574.0) | (197.2) | (108.0) | (10.7) | ||||||||||