Arrow Electronics, Inc. logo ARW - Arrow Electronics, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 6
HOLD 9
SELL 2
STRONG
SELL
0
| PRICE TARGET: $215.00 DETAILS
HIGH: $260.00
LOW: $165.00
MEDIAN: $220.00
CONSENSUS: $215.00
UPSIDE: 3.47%
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 30,852.9 27,923.3 33,107.1 37,124.4 34,477.0 28,673.4 28,916.8 29,676.8 26,812.5 23,825.3 23,282.0 22,768.7 21,357.3 20,405.1 21,390.3 18,744.7 14,684.1 16,761.0 15,985.0 13,577.1 11,164.2 10,646.1 8,679.3 7,390.2 10,127.6 12,959.2 9,312.6 8,344.7 7,763.9 6,534.6 5,919.4 4,649.2 2,535.6 1,621.5 1,043.7 970.9 925.2 1,006.4 562.4 529.6
Cost of Revenue 27,386.2 24,630.9 28,958.1 32,287.8 30,274.7 25,482.2 25,618.5 25,975.9 23,455.2 20,681.1 20,246.8 19,772.8 18,566.4 17,667.8 18,441.7 16,326.1 12,933.2 14,478.3 13,699.7 11,545.7 9,424.6 8,923.0 7,258.4 6,130.6 8,609.4 10,925.3 8,011.4 7,183.4 6,574.4 5,492.6 4,886.8 3,832.2 2,022.3 1,277.2 822.5 763.7 716.9 781.5 446.6 410.3
Gross Profit 3,466.7 3,292.4 4,149.0 4,836.6 4,202.4 3,191.1 3,298.4 3,700.9 3,357.3 3,144.2 3,035.2 2,995.9 2,790.9 2,737.3 2,948.6 2,418.6 1,750.9 2,282.7 2,285.3 2,031.4 1,739.6 1,723.2 1,421.0 1,259.6 1,518.2 2,033.9 1,301.2 1,161.3 1,189.5 1,042 1,032.6 817 513.3 344.3 221.2 207.2 208.3 224.9 115.8 119.3
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 2,390.6 2,222.2 2,416.6 2,570.5 2,440.2 2,089.9 2,216.5 2,309.9 2,163.0 2,052.9 1,986.2 1,959.7 1,873.6 1,849.5 1,892.6 1,557.0 1,305.6 1,607.3 1,519.9 1,362.1 1,200.8 1,213.5 1,112.2 1,020.5 1,156.7 1,159.6 866.9 756.8 712.2 604.4 574.2 488 314.3 225.8 174.1 162.1 170.2 178.8 125.7 125
Other Expenses 137.8 301.6 261.3 197.6 205.3 206.7 974.2 (6.9) 153.6 159.2 (3) 156.0 (4.3) 115.3 103.5 77.4 172.5 (19.7) 66.7 51.2 47.5 58.9 86.8 71.5 127.7 90.3 95.6 52 102.6 37 35.2 73 17.5 14.7 12.7 12.5 10.5 10.8 4 5.7
Operating Expenses 2,528.4 2,523.9 2,677.9 2,768.1 2,645.5 2,296.6 3,190.7 2,496.3 2,316.6 2,212.1 2,142.0 2,115.8 2,004.8 1,964.9 1,996.1 1,634.3 1,478.1 1,857.4 1,586.6 1,413.3 1,248.3 1,272.4 1,198.9 1,092.0 1,284.4 1,249.8 962.5 808.8 814.8 641.4 609.4 561 331.8 240.5 186.8 174.6 180.7 189.6 129.7 130.7
Operating Income
Operating Income 938.3 768.6 1,471.2 2,068.5 1,556.8 894.5 107.7 1,147.5 928.5 858.5 824.5 762.3 693.5 804.1 908.8 750.8 272.8 525.2 686.9 606.2 480.3 439.3 184.0 167.5 156.6 784.1 338.7 352.5 374.7 400.6 423.2 256 181.5 103.8 34.4 32.6 27.6 35.3 (13.9) (11.4)
Interest Expense 215.1 269.8 328.7 185.6 131.7 137.2 265.3 214.8 157.0 150.7 135.4 116.0 114.4 101.9 106.0 76.6 83.3 99.9 0 90.6 91.8 103.2 0 152.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 54.8 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 1,070.8 1,119.0 1,674.2 2,257.2 1,763.2 1,085.5 281.7 1,383.3 1,157.1 1,062.7 989.1 1,036.1 917.3 927.6 1,025.4 838.0 342.2 (427.9) 788.9 689.0 549.3 483.2 315.8 246.3 362.0 883.6 441.8 407.6 481.3 440.1 458.4 285.8 201.4 118.5 47.1 45.1 38.1 46.1 (9.9) (5.7)
EBIT 933.0 956.0 1,493.1 2,069.8 1,568.1 896.5 91.9 1,124.1 890.3 866.8 827.6 799.3 696.7 812.2 915.8 755.6 272.2 (497.1) 698.6 618.1 491.3 438.7 241.9 167.5 229.8 773.2 363.2 352.5 434.2 400.6 423.2 256 181.5 103.8 34.4 32.6 27.6 35.3 (13.9) (11.4)
Income Before Tax 717.9 489.3 1,164.4 1,884.2 1,436.4 759.3 (111.8) 909.4 694.3 715.4 692.2 683.3 582.2 710.4 809.8 679.0 188.9 431.9 592.2 518.3 385.6 305.0 47.3 17.5 (109.3) 610.1 231.2 272.3 308.4 362.6 355.6 219.8 146 80.2 10.9 39 33.1 39.9 3 (8.4)
Income Tax Expense 148.2 95.8 255.0 449.0 325.9 172.8 88.3 187.8 287.1 190.7 191.7 184.9 182.3 203.6 210.5 199.4 65.4 130.4 180.7 128.5 131.2 96.4 21.2 6.2 (34.2) 248.2 101.8 115 131.6 144.7 153.1 91.2 64.4 30 2.2 22.5 24.4 19.9 (11) 16.9
Net Income 571.3 392.1 903.5 1,426.9 1,108.2 584.4 (204.1) 716.2 402.0 522.8 497.7 498.0 399.4 506.3 598.8 479.6 123.5 301.4 407.8 388.3 253.6 207.5 25.7 (610.5) (73.8) 357.9 124.2 145.8 163.7 202.7 202.5 111.9 81.6 44.8 8.7 10.1 3.2 15.4 (2.9) (28.3)
Per Share Data
EPS (Basic) 11.03 7.36 16.03 22.01 15.29 7.49 -2.40 8.19 4.53 5.75 5.26 5.05 3.89 4.64 5.25 4.06 1.03 2.50 3.31 3.19 2.15 1.83 0.26 -6.12 -0.77 3.64 1.21 1.53 1.67 2.01 2.11 1.20 1.31 0.80 0.14 0.22 -0.10 0.44 -0.22 -2.23
EPS (Diluted) 10.93 7.29 15.84 21.80 15.10 7.43 -2.40 8.10 4.48 5.68 5.20 4.98 3.85 4.56 5.17 4.01 1.03 2.48 3.28 3.16 2.09 1.75 0.25 -6.04 -0.77 3.56 1.20 1.50 1.64 1.98 2.02 1.16 1.22 0.77 0.14 0.22 -0.10 0.44 -0.22 -2.23
Shares Outstanding 51.8 53.3 56.4 64.8 72.5 78.0 83.6 87.5 88.7 91.0 94.6 98.7 102.6 109.2 114.0 118.0 119.8 120.8 123.2 121.7 117.8 113.1 100.1 99.8 95.9 98.3 102.6 95.4 98.0 100.8 96.2 93.3 61.5 50.2 29.3 23.6 22 22.7 13.4 12.7
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 306.5 188.8 218.1 176.9 222.2 373.6 300.1 509.3 730.1 534.3 273.1 400.4 390.6 409.7 396.9 926.3 1,137.0 451.3 447.7 337.7 580.7 305.3 612.4 694.1 556.9 55.5 44.9 158.9 112.7 136.4 93.9 105.6 60.7 3.4 1.5 0.9 4.6 9.7 13.4 32
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 158.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 19,738.7 13,031.0 12,238.1 12,322.7 11,123.9 9,205.3 8,482.7 8,945.5 8,171.1 6,746.7 6,161.4 6,043.9 5,769.8 4,923.9 4,482.1 4,102.9 3,136.1 3,087.3 3,281.2 2,710.3 2,316.9 1,984.1 1,770.7 1,378.6 1,458.6 2,635.6 1,638.7 1,354.4 1,245.4 902.9 940 697 363.1 240.7 213.1 138.1 151.5 159.8 92.8 79.7
Inventory 5,081.9 4,709.7 5,187.2 5,319.4 4,202.0 3,287.3 3,477.1 3,878.7 3,302.5 2,855.6 2,466.5 2,335.3 2,167.3 2,052.7 1,963.9 1,909.0 1,397.7 1,626.6 1,679.9 1,691.5 1,495.0 1,486.5 1,327.5 1,201.3 1,403.1 2,972.7 1,444.9 1,321.3 1,230.1 1,044.8 1,039.1 725.4 435 298.7 293.4 184.8 196.4 208.7 125.3 124.2
Other Current Assets 533.0 471.9 684.1 521.3 345.2 286.6 266.2 274.8 214.1 180.1 285.5 253.1 258.1 329.0 181.7 147.7 168.8 180.6 180.6 156.0 0 93.0 0 0 0 0 (0.1) (0.1) (0.2) 0 0.1 0 10.8 6 4.4 3.3 4.1 4.1 28.2 9.8
Total Current Assets 25,660.0 18,401.4 18,327.5 18,340.3 15,893.3 13,152.9 12,526.2 13,608.3 12,417.8 10,316.7 9,186.5 9,032.6 8,585.8 7,715.3 7,024.6 7,085.8 5,839.6 5,345.8 5,589.4 4,895.6 4,517.5 4,027.5 3,769.6 3,333.7 3,471.4 5,764.2 3,157.9 2,860.8 2,630.3 2,120.1 2,104.7 1,558.2 869.6 548.8 512.4 327.1 356.6 382.3 259.7 245.7
Non-Current Assets
Property, Plant & Equipment 474.6 469.3 530.7 596.5 682.8 799.6 803.1 824.7 838.5 756.3 700.2 636.3 632.4 599.6 556.2 505.5 460.7 410.5 355.2 262.4 235.5 263.0 288.1 299.5 304.4 316.5 223.7 154.8 114.2 115.2 117.3 89.8 56 35.8 41.9 29.4 30.3 31.9 22.7 38.7
Goodwill 2,120.1 2,055.3 2,050.4 2,027.6 2,080.4 2,115.5 2,061.3 2,624.7 2,470.0 2,392.2 2,368.8 2,069.2 2,039.3 1,711.7 1,473.3 1,336.4 926.3 905.8 1,779.2 1,231.3 1,053.3 974.3 923.3 748.4 1,224.3 1,237.1 0 721.3 645.2 388.8 379.2 334.3 199.4 0 0 0 0 0 0 0
Intangible Assets 77.0 96.7 127.4 159.1 195.0 233.8 271.9 372.6 286.2 336.9 389.3 335.7 426.1 414.0 392.8 0 0 0 0 0 0 0 0 0 0 0 960.8 0 0 0 0 0 0 97.7 82.4 51.2 52.1 49.4 2 3.6
Long-Term Investments 59.3 57.3 62.7 65.1 63.7 76.4 86.9 83.7 88.3 88.4 73.4 69.1 67.2 65.6 60.6 59.5 53.0 46.8 47.8 42.0 39.0 34.3 36.7 32.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 687.0 677.7 627.3 574.5 620.3 675.8 651.4 270.4 362.0 41.6 303.7 299.9 310.1 279.4 321.6 613.4 482.7 2,273.3 336.1 280.3 238.7 244.3 352.0 286.0 358.9 286.8 140.9 103 148.1 86.3 99.8 56.5 66.3 98.6 108.7 70.3 58.7 66.5 61.2 49.3
Total Non-Current Assets 3,418.1 3,356.3 3,398.7 3,422.8 3,642.2 3,901.0 3,874.6 4,176.1 4,045.1 3,889.6 3,835.5 3,410.2 3,475.1 3,070.4 2,804.5 2,514.7 1,922.7 2,730.6 2,470.5 1,774.0 1,527.4 1,481.6 1,563.3 1,333.9 1,887.6 1,840.3 1,325.4 979.1 907.5 590.3 596.3 480.6 321.7 232.1 233 150.9 141.1 147.8 85.9 91.6
Total Assets 29,078.1 21,757.7 21,726.2 21,763.2 19,535.5 17,053.9 16,400.8 17,784.4 16,462.8 14,206.4 13,021.9 12,442.9 12,060.9 10,785.7 9,829.1 9,600.5 7,762.4 8,076.4 8,059.9 6,669.6 6,044.9 5,509.1 5,333.0 4,667.6 5,359.0 7,604.5 4,483.3 3,839.9 3,537.8 2,710.4 2,701 2,038.8 1,191.3 780.9 745.4 478 497.7 530.1 345.6 337.3
Current Liabilities
Account Payables 17,383.8 11,047.5 10,070.0 10,460.4 9,617.1 7,937.9 7,046.2 7,631.9 6,756.8 5,774.2 5,192.7 5,027.1 4,503.2 3,769.3 3,264.1 3,645.0 2,763.2 2,459.9 2,535.6 1,795.1 1,628.6 1,262.0 1,211.7 917.3 665.4 1,567.6 805.5 785.6 767.1 594.5 561.8 411.8 190 121 103.5 57.9 72.1 0 0 0
Short-Term Debt 0.3 350.0 1,654.0 589.9 382.6 158.6 331.4 246.3 356.8 93.8 44.0 13.5 23.9 364.4 33.8 61.2 123.1 52.9 12.9 262.8 268.7 8.5 14.3 0 37.3 529.3 256 168.1 143.7 71.5 117.1 86.1 41 0.7 21.8 6.9 4.7 4.6 4.3 3
Deferred Revenue 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 0 207.7 0 104.1 0 0 0 0 0 0 0
Other Current Liabilities 1,461.3 0 0 69.5 67.0 70.8 56.3 2.4 13.0 7.5 7.3 2.7 4.4 0 0 0 0 0 0 0 0 0 0 286.3 0 0 0.0 0 0 0 0.1 0 5.4 58 60.2 31.1 33.7 111.9 67.7 60.3
Total Current Liabilities 18,845.4 12,636.2 13,187.9 12,389.6 11,326.1 9,130.9 8,258.2 8,790.4 7,956.6 6,689.2 6,056.2 5,838.0 5,301.9 4,910.2 3,958.9 4,343.2 3,332.2 2,968.4 2,987.4 2,504.1 2,331.9 1,666.4 1,640.6 1,462.4 1,047.0 2,570.9 1,324.7 1,165.1 1,196.5 846.1 886.7 689.5 340.5 179.7 185.5 95.9 110.5 116.5 72 63.3
Non-Current Liabilities
Long-Term Debt 3,084.7 2,773.8 2,153.6 3,183.0 2,244.4 2,097.9 2,640.1 3,239.1 2,933.0 2,696.3 2,380.6 2,075.5 2,226.1 1,587.5 1,927.8 1,761.2 1,276.1 1,224.0 1,223.3 976.8 1,139.0 1,465.9 2,016.6 1,807.1 2,442.0 3,027.7 1,533.4 1,040.2 823.1 344.6 451.7 349.4 278.8 225.4 304.5 207.1 215.5 240.1 167.4 162.1
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 258.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 39.5 0 0 0 0 0 43.5 24.5 29.6 24 24 25.6 5.8 5.1
Other Non-Current Liabilities 489.3 317.8 507.4 579.3 624.2 676.1 636.1 378.5 573.0 355.2 390.4 370.5 348.0 300.6 267.1 244.9 236.7 298.3 297.3 192.1 201.2 182.6 170.4 162.8 103.6 92.2 23.8 77.6 87.1 68.5 68.9 56.3 0 0 0 (0.2) (0.3) 0.3 4.5 4.6
Total Non-Current Liabilities 3,574.0 3,290.0 2,661.0 3,762.2 2,868.6 2,774.1 3,276.2 3,617.7 3,506.0 3,051.5 2,771.0 2,445.9 2,574.1 1,888.1 2,194.9 2,006.1 1,512.8 1,522.3 1,520.6 1,168.9 1,340.2 1,648.5 2,187.0 1,970.0 2,545.5 3,119.9 1,596.7 1,117.8 910.2 413.1 520.6 405.7 322.3 249.9 334.1 230.9 239.2 266 177.7 171.8
Total Liabilities 22,419.4 15,926.2 15,848.9 16,151.8 14,194.7 11,905.0 11,534.4 12,408.1 11,462.6 9,740.7 8,827.1 8,283.9 7,876.1 6,798.3 6,153.8 6,349.3 4,845.1 4,490.7 4,508 3,673.0 3,672.0 3,314.9 3,827.7 3,432.4 3,592.5 5,690.8 2,921.4 2,282.9 2,106.7 1,259.2 1,407.3 1,095.2 662.8 429.6 519.6 326.8 349.7 382.5 249.7 235.1
Stockholders' Equity
Common Stock 55.8 55.6 57.7 125.4 125.4 125.4 125.4 125.4 125.4 125.4 125.4 125.4 125.4 125.4 125.4 125.3 125.3 125.0 125.0 122.6 120.3 117.7 103.9 103.9 103.9 103.8 103 103 103 51.2 50.6 46.2 31.3 0 0 0 0 0 0 0
Retained Earnings 6,552.1 5,980.8 5,790.2 9,214.8 7,787.9 6,679.8 6,131.2 6,335.3 5,599.2 5,197.2 4,674.5 4,176.8 3,678.7 3,279.3 2,773.0 2,174.1 1,694.5 2,486.1 2,184.7 1,787.7 1,399.4 1,145.8 938.3 912.6 1,523.1 1,596.9 1,239 1,114.8 969 805.3 602.6 400.1 124.7 44 3.8 (0.3) (5.3) (3.1) (21.2) (12.9)
Accumulated Other Comprehensive Income (126.6) (509.3) (298.0) (365.3) (191.7) (104.9) (262.2) (299.4) (125.0) (383.9) (284.7) (64.6) 225.6 182.6 158.6 207.9 229.0 172.5 304.0 147.8 (1.4) 169.6 34.6 (199.9) (277.9) (171.8) (105.5) (38.1) (53.7) 1.1 12.3 2.7 (7.5) (32) (30) (26.4) (21.3) (15.1) (10.6) (21.1)
Total Stockholders' Equity 6,584.7 5,761.2 5,805.5 5,546.4 5,282.3 5,089.3 4,811.9 5,325.0 4,951.5 4,413.4 4,142.4 4,154.0 4,180.2 3,983.2 3,668.8 3,251.2 2,917.0 3,585.7 3,551.9 2,996.6 2,372.9 2,194.2 1,505.3 1,235.2 1,766.5 1,913.7 1,550.5 1,487.3 1,360.8 1,358.5 1,195.9 837.9 457 351.3 225.8 151.2 148 147.6 95.9 102.2
Total Liabilities & Equity 29,078.1 21,757.7 21,726.2 21,763.2 19,535.5 17,053.9 16,400.8 17,784.4 16,462.8 14,206.4 13,021.9 12,442.9 12,060.9 10,785.7 9,829.1 9,600.5 7,762.4 8,076.4 8,059.9 6,669.6 6,044.9 5,509.1 5,333.0 4,667.6 5,359.0 7,604.5 4,483.3 3,839.9 3,537.8 2,710.4 2,701 2,038.8 1,191.3 780.9 745.4 478 497.7 530.1 345.6 337.3
Debt Metrics
Total Debt 3,085.1 3,391.2 3,807.5 3,772.8 2,627.1 2,256.6 2,971.6 3,485.4 3,289.9 2,790.2 2,424.6 2,088.9 2,250.0 1,951.8 1,961.7 1,822.4 1,399.2 1,276.9 1,236.2 1,239.6 1,407.6 1,474.3 2,031.0 2,093.5 2,479.3 3,556.9 1,789.4 1,208.3 966.8 416.1 568.8 435.5 319.8 226.1 326.3 214 220.2 244.7 171.7 165.1
Net Debt 2,778.6 3,202.4 3,589.5 3,595.9 2,404.9 1,883.0 2,671.5 2,976.0 2,559.8 2,255.8 2,151.5 1,688.6 1,859.4 1,542.2 1,564.8 896.1 262.2 825.6 788.5 901.8 827.0 1,169.0 1,418.6 1,399.4 1,922.4 3,501.4 1,744.5 1,049.4 854.1 279.7 474.9 329.9 259.1 222.7 324.8 213.1 215.6 235 158.3 133.1
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 569.7 393.5 909.4 1,435.2 1,110.5 586.5 (200.2) 721.6 407.4 524.8 500.5 498.4 399.9 506.7 599.3 479.6 123.5 (613.6) 407.8 388.3 253.6 207.5 25.7 (610.5) (73.8) 357.9 124.2 145.8 163.7 202.7 202.5 111.9 81.6 50.2 8.7 10.1 3.2
Depreciation & Amortization 137.8 163.0 181.1 187.4 195.1 189.1 189.8 186.4 153.6 159.2 155.8 156.0 131.1 115.3 103.5 77.4 67.0 69.3 90.3 71.0 58.0 65.7 73.9 78.8 132.2 99.5 78.6 55.1 47.1 39.5 35.2 29.8 19.9 14.7 12.7 12.5 10.5
Stock-Based Compensation 27.9 34.6 41.6 42.9 36.1 35.3 41.1 46.2 39.1 39.8 47.3 41.9 36.9 34.5 39.2 34.6 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 (522.0) 628.3 (336.3) (1,684.3) (939.6) 511.8 136.0 (713.7) (626.3) (389.0) (51.2) (45.3) (172.1) 12.0 (627.4) (395.9) 528.7 155.6 347.9 (282.4) 52.4 (171.7) 107.4 556.2 1,466.5 (770.2) (255.9) (187.5) (286.8) 36.9 (383.3) (94.2) (75) (10.1) (14.6) 8 22.9
Other Non-Cash Items (113.1) 10.9 3.7 (1.2) (7.9) 7.5 741.6 31.0 112.3 (3.9) 1.8 48.0 54.5 11.8 17.7 19.6 111.3 1,096.7 (3.9) (46.6) 16.6 41.3 72.4 651.3 174.5 6.6 30.9 10.5 71.6 17.4 17.3 69.5 10.5 2.6 7 (6) 0.7
Operating Cash Flow 64.0 1,130.4 705.4 (33.1) 419.0 1,359.8 858.0 272.7 124.6 359.7 660.0 673.3 450.7 675.0 120.9 220.8 849.9 619.8 850.7 120.8 402.5 187.5 291.6 667.9 1,677.8 (336.4) (33.5) 43.6 (14.2) 306.8 (114.1) 125.2 41.7 71.5 15.1 26.7 38.6
Investing Activities
Capital Expenditure (101.3) (92.7) (83.3) (78.8) (83.1) (124.3) (150.8) (155.3) (203.9) (164.7) (154.8) (122.5) (116.2) (112.2) (113.9) (112.3) (121.5) (158.7) (138.8) (66.1) (33.2) 0 (32.0) (51.7) (64.4) (80.2) (513.2) (59) (29.3) (67.4) (42.3) (22.8) (16.8) (3.5) (3.8) (6) (3.9)
Acquisitions 0 (34.8) 0 0 0 0 (13.1) (299.6) (3.6) (64.8) (514.7) (162.9) (367.9) (281.9) (532.6) (587.1) (170.1) (333.5) (526.6) (176.2) (179.0) (58.5) (231.3) (111.9) (27.3) (1,221.3) (429) (67.5) (364.5) 0 (59.1) (108.5) (87.9) 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 (3) (15) 0 0 0 0 0 0 (230.5) (452.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 124.9 10.6 10.7 0 0 0 0 0 0 0 2.0 40.5 0 0 0 0 0 0 0 0 389.1 294.5 0.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (101.3) 22.5 0.2 21.1 22.9 (15.2) (17.3) (28.1) 18.8 (12) 3.5 0 0 0 0 17.0 0.9 (0.5) (0.0) 3.7 20.8 20.1 1.0 83.9 (15.5) (86.2) 398.9 (3.1) (17) 12.1 (31.3) 8.4 (7) (42.3) (111.7) 0 (17.8)
Investing Cash Flow 23.6 (94.4) (72.3) (57.7) (60.1) (138.8) (173.6) (463.0) (188.8) (241.4) (664.0) (244.8) (487.1) (409.1) (646.5) (682.4) (290.7) (492.7) (665.5) (238.7) (32.8) (196.4) (261.5) (79.8) (107.1) (1,387.6) (543.3) (129.6) (410.8) (55.3) (132.7) (122.9) (111.7) (45.8) (115.5) (6) (21.7)
Financing Activities
Net Debt Issuance (47.8) (696.0) 30.4 1,142.1 376.5 (715.9) (518.9) 198.8 433.8 361.7 259.2 (157.5) 293.0 (15.2) 128.5 434.6 113.6 0.1 (60.9) (198.6) (170.6) (641.1) (102.1) (492.7) (1,345.3) 1,711.4 515.8 192.3 392.5 (158) 243.7 9.2 77.9 (102.7) 112.5 (11.2) (24.6)
Stock Repurchased (161.7) (265.1) (770.2) (1,049.5) (911.5) (483.7) (404.2) (243.3) (174.2) (216.4) (356.4) (304.8) (362.8) (260.9) (197.0) (173.7) (2.5) (115.8) (84.2) 0 0 0 0 0 0 (0.3) (0.1) (50.1) (151) (49) 0 0 0 0 0 (5.8) 0
Dividends Paid 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 (37.9) (18.2) (17.5) (8) 0 0 (0.9) (4.6) (4.6) (5.1) (5.4)
Other Financing Activities (0.1) 4.3 73.6 17.2 71.7 (27.5) 16.8 7.6 (2.8) 17.0 8.1 27.4 43.2 18.4 54.6 10.0 2.5 4.6 7.7 6.7 0 0 0 0 251.7 0 0 (0.1) 177.9 0.1 (29.3) (0.7) 2 (4.5) (6.9) (2.4) 8
Financing Cash Flow (206.1) (956.8) (666.2) 109.8 (463.3) (1,227.1) (906.4) (36.8) 256.7 162.2 (89.1) (434.9) (26.6) (257.7) (13.9) 270.9 113.7 (111.1) (82.2) (132.7) (88.4) (300.6) (96.7) (484.3) (1,071.6) 1,739.1 479.1 131.4 422.1 (202.6) 228.1 13.4 100.3 (23.9) 101 (24.5) (22)
Cash Position
Net Change in Cash 117.7 (29.2) 41.1 (45.3) (151.4) 73.5 (209.2) (220.8) 195.8 261.2 (127.3) 9.8 (19.1) 12.8 (529.4) (210.7) 685.7 3.5 110.0 (242.9) 275.4 (307.1) (81.7) 137.2 501.3 10.7 (114) 41.4 (23.7) 42.5 (11.7) 23.5 30.3 1.9 (0.9) (4.6) (9.7)
Cash at Beginning 188.8 218.1 176.9 222.2 373.6 300.1 509.3 730.1 534.3 273.1 400.4 390.6 409.7 396.9 926.3 1,137.0 451.3 447.7 337.7 580.7 305.3 612.4 694.1 556.9 55.5 44.9 158.9 117.5 136.4 93.9 105.6 82.1 30.4 1.5 0.9 4.6 9.7
Cash at End 306.5 188.8 218.1 176.9 222.2 373.6 300.1 509.3 730.1 534.3 273.1 400.4 390.6 409.7 396.9 926.3 1,137.0 451.3 447.7 337.7 580.7 305.3 612.4 694.1 556.9 55.5 44.9 158.9 112.7 136.4 93.9 105.6 60.7 3.4 0 0 0
Free Cash Flow (37.2) 1,037.7 622.2 (111.9) 335.9 1,235.5 707.2 117.4 (79.4) 195.0 505.2 550.8 334.5 562.8 6.9 108.5 728.3 461.1 711.9 54.8 369.4 187.5 259.5 616.1 1,613.4 (416.6) (546.7) (15.4) (43.5) 239.4 (156.4) 102.4 24.9 68 11.3 20.7 34.7
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 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986
Income Statement
Revenue 30,852.9 27,923.3 33,107.1 37,124.4 34,477.0 28,673.4 28,916.8 29,676.8 26,812.5 23,825.3 23,282.0 22,768.7 21,357.3 20,405.1 21,390.3 18,744.7 14,684.1 16,761.0 15,985.0 13,577.1 11,164.2 10,646.1 8,679.3 7,390.2 10,127.6 12,959.2 9,312.6 8,344.7 7,763.9 6,534.6 5,919.4 4,649.2 2,535.6 1,621.5 1,043.7 970.9 925.2 1,006.4 562.4 529.6
Gross Profit 3,466.7 3,292.4 4,149.0 4,836.6 4,202.4 3,191.1 3,298.4 3,700.9 3,357.3 3,144.2 3,035.2 2,995.9 2,790.9 2,737.3 2,948.6 2,418.6 1,750.9 2,282.7 2,285.3 2,031.4 1,739.6 1,723.2 1,421.0 1,259.6 1,518.2 2,033.9 1,301.2 1,161.3 1,189.5 1,042 1,032.6 817 513.3 344.3 221.2 207.2 208.3 224.9 115.8 119.3
Operating Income 938.3 768.6 1,471.2 2,068.5 1,556.8 894.5 107.7 1,147.5 928.5 858.5 824.5 762.3 693.5 804.1 908.8 750.8 272.8 525.2 686.9 606.2 480.3 439.3 184.0 167.5 156.6 784.1 338.7 352.5 374.7 400.6 423.2 256 181.5 103.8 34.4 32.6 27.6 35.3 (13.9) (11.4)
Net Income 571.3 392.1 903.5 1,426.9 1,108.2 584.4 (204.1) 716.2 402.0 522.8 497.7 498.0 399.4 506.3 598.8 479.6 123.5 301.4 407.8 388.3 253.6 207.5 25.7 (610.5) (73.8) 357.9 124.2 145.8 163.7 202.7 202.5 111.9 81.6 44.8 8.7 10.1 3.2 15.4 (2.9) (28.3)
EPS (Diluted) 10.93 7.29 15.84 21.80 15.10 7.43 -2.40 8.10 4.48 5.68 5.20 4.98 3.85 4.56 5.17 4.01 1.03 2.48 3.28 3.16 2.09 1.75 0.25 -6.04 -0.77 3.56 1.20 1.50 1.64 1.98 2.02 1.16 1.22 0.77 0.14 0.22 -0.10 0.44 -0.22 -2.23
Balance Sheet
Cash & Equivalents 306.5 188.8 218.1 176.9 222.2 373.6 300.1 509.3 730.1 534.3 273.1 400.4 390.6 409.7 396.9 926.3 1,137.0 451.3 447.7 337.7 580.7 305.3 612.4 694.1 556.9 55.5 44.9 158.9 112.7 136.4 93.9 105.6 60.7 3.4 1.5 0.9 4.6 9.7 13.4 32
Total Assets 29,078.1 21,757.7 21,726.2 21,763.2 19,535.5 17,053.9 16,400.8 17,784.4 16,462.8 14,206.4 13,021.9 12,442.9 12,060.9 10,785.7 9,829.1 9,600.5 7,762.4 8,076.4 8,059.9 6,669.6 6,044.9 5,509.1 5,333.0 4,667.6 5,359.0 7,604.5 4,483.3 3,839.9 3,537.8 2,710.4 2,701 2,038.8 1,191.3 780.9 745.4 478 497.7 530.1 345.6 337.3
Total Debt 3,085.1 3,391.2 3,807.5 3,772.8 2,627.1 2,256.6 2,971.6 3,485.4 3,289.9 2,790.2 2,424.6 2,088.9 2,250.0 1,951.8 1,961.7 1,822.4 1,399.2 1,276.9 1,236.2 1,239.6 1,407.6 1,474.3 2,031.0 2,093.5 2,479.3 3,556.9 1,789.4 1,208.3 966.8 416.1 568.8 435.5 319.8 226.1 326.3 214 220.2 244.7 171.7 165.1
Stockholders' Equity 6,584.7 5,761.2 5,805.5 5,546.4 5,282.3 5,089.3 4,811.9 5,325.0 4,951.5 4,413.4 4,142.4 4,154.0 4,180.2 3,983.2 3,668.8 3,251.2 2,917.0 3,585.7 3,551.9 2,996.6 2,372.9 2,194.2 1,505.3 1,235.2 1,766.5 1,913.7 1,550.5 1,487.3 1,360.8 1,358.5 1,195.9 837.9 457 351.3 225.8 151.2 148 147.6 95.9 102.2
Cash Flow
Operating Cash Flow 64.0 1,130.4 705.4 (33.1) 419.0 1,359.8 858.0 272.7 124.6 359.7 660.0 673.3 450.7 675.0 120.9 220.8 849.9 619.8 850.7 120.8 402.5 187.5 291.6 667.9 1,677.8 (336.4) (33.5) 43.6 (14.2) 306.8 (114.1) 125.2 41.7 71.5 15.1 26.7 38.6
Capital Expenditure (101.3) (92.7) (83.3) (78.8) (83.1) (124.3) (150.8) (155.3) (203.9) (164.7) (154.8) (122.5) (116.2) (112.2) (113.9) (112.3) (121.5) (158.7) (138.8) (66.1) (33.2) 0 (32.0) (51.7) (64.4) (80.2) (513.2) (59) (29.3) (67.4) (42.3) (22.8) (16.8) (3.5) (3.8) (6) (3.9)
Free Cash Flow (37.2) 1,037.7 622.2 (111.9) 335.9 1,235.5 707.2 117.4 (79.4) 195.0 505.2 550.8 334.5 562.8 6.9 108.5 728.3 461.1 711.9 54.8 369.4 187.5 259.5 616.1 1,613.4 (416.6) (546.7) (15.4) (43.5) 239.4 (156.4) 102.4 24.9 68 11.3 20.7 34.7