ASML - ASML Holding N.V.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$2,305.75
DETAILS
HIGH:
$2,623.00
LOW:
$2,000.00
MEDIAN:
$2,300.00
CONSENSUS:
$2,305.75
UPSIDE:
45.66%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||
| Revenue | 32,667.3 | 28,262.9 | 27,558.5 | 21,173.4 | 18,611 | 13,978.5 | 11,820 | 10,944 | 8,962.7 | 6,875.1 | 6,287.4 | 5,856.3 | 5,245.3 | 4,731.6 | 5,651.0 | 4,507.9 | 1,596.1 | 2,953.7 | 3,774.1 | 3,581.8 | 2,527.0 | 2,463.6 | 1,540.0 | 1,957.4 | 1,847.6 | 2,160.8 | 1,197.5 | 774.6 | 808.5 | 619.4 | 446.3 |
| Cost of Revenue | 15,409.3 | 13,770.9 | 13,422.4 | 10,473.3 | 8,802 | 7,181.3 | 6,540.2 | 5,914.8 | 4,942.5 | 3,729.8 | 3,391.7 | 3,259.9 | 3,068.1 | 2,726.3 | 3,201.6 | 2,552.8 | 1,137.7 | 1,938.2 | 2,222.0 | 2,127.8 | 1,553.6 | 1,558.6 | 1,171.9 | 1,490.1 | 1,795.6 | 1,205.9 | 755.5 | 444.9 | 452.9 | 361.2 | 276.6 |
| Gross Profit | 17,258 | 14,492 | 14,136.1 | 10,700.1 | 9,809 | 6,797.2 | 5,279.8 | 5,029.2 | 4,020.2 | 3,145.3 | 2,895.7 | 2,596.4 | 2,177.3 | 2,005.3 | 2,449.4 | 1,955.2 | 458.4 | 1,015.5 | 1,552.1 | 1,454.0 | 973.5 | 905.0 | 368.1 | 467.3 | 51.9 | 954.9 | 442.0 | 329.7 | 355.5 | 258.2 | 169.8 |
| Operating Expenses | |||||||||||||||||||||||||||||||
| R&D Expenses | 4,698.8 | 4,303.7 | 3,980.6 | 3,253.5 | 2,547 | 2,200.8 | 1,968.5 | 1,575.9 | 1,259.7 | 1,105.8 | 1,068.1 | 1,074.0 | 882.0 | 589.2 | 590.3 | 523.4 | 466.8 | 516.1 | 511.3 | 413.7 | 323.6 | 330.7 | 286.2 | 298.2 | 408.9 | 214.7 | 173.9 | 114.0 | 78.6 | 0 | 0 |
| SG&A Expenses | 1,257.8 | 1,165.7 | 1,113.2 | 945.9 | 725.6 | 544.9 | 520.5 | 488 | 416.6 | 374.8 | 345.7 | 321.1 | 311.7 | 259.3 | 217.9 | 181.0 | 154.8 | 212.3 | 226.0 | 204.8 | 201.1 | 201.5 | 212.2 | 263.1 | 280.5 | 185.6 | 140.2 | 93.6 | 56.9 | 96.3 | 62.4 |
| Other Expenses | 0 | 0 | 0 | 0 | (213.7) | 0 | 0 | 0 | (95.8) | (93.8) | (83.2) | (81.0) | (64.5) | 0 | 0 | 0 | 0 | 0 | (1.2) | (27.1) | (0.0) | (5.9) | 24.4 | 0 | 57.4 | 66.0 | 42.5 | 33.9 | 15.8 | 9.5 | 6.5 |
| Operating Expenses | 5,956.6 | 5,469.4 | 5,093.8 | 4,199.4 | 3,058.9 | 2,745.7 | 2,489 | 2,063.9 | 1,580.5 | 1,386.8 | 1,330.6 | 1,314.1 | 1,129.3 | 848.5 | 808.2 | 704.5 | 621.5 | 728.5 | 736.1 | 591.4 | 524.7 | 526.3 | 522.9 | 561.3 | 746.8 | 466.3 | 356.7 | 241.5 | 151.4 | 105.7 | 68.9 |
| Operating Income | |||||||||||||||||||||||||||||||
| Operating Income | 11,301.4 | 9,022.6 | 9,042.3 | 6,500.7 | 6,750.1 | 4,051.5 | 2,790.8 | 2,965.3 | 2,439.7 | 1,758.5 | 1,565.1 | 1,282.2 | 1,047.9 | 1,156.8 | 1,641.2 | 1,250.7 | (163.1) | 287.0 | 816.0 | 862.6 | 448.8 | 378.6 | (154.8) | (94.0) | (694.8) | 488.6 | 85.4 | 88.3 | 204.2 | 152.4 | 100.9 |
| Interest Expense | 0 | 160.6 | 149.4 | 59.4 | 56.9 | 40.3 | 36.1 | 43.2 | 55.4 | 40.1 | 27.9 | 23.7 | 33.7 | 22.2 | 36.2 | 23.2 | 49.6 | 50.5 | 41.9 | 48.9 | 55.1 | 40.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 104.7 | 190.5 | 190.5 | 15.8 | 10.4 | 7.8 | 11.4 | 13.9 | 6.9 | 17.3 | 11.1 | 14.9 | 9.2 | 16.2 | 44.2 | 15.1 | 41.5 | 73.4 | 73.3 | 48.1 | 40.3 | 25.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||
| EBITDA | 12,550.3 | 10,123.6 | 9,976 | 7,100.5 | 7,231.1 | 4,550.7 | 3,250.9 | 3,388 | 2,761.4 | 2,021.6 | 1,778.8 | 1,455.9 | 1,212.3 | 1,343.4 | 1,806.4 | 1,417.3 | 21.3 | 478.7 | 942.5 | 949.7 | 539.2 | 462.9 | 14.2 | 71.9 | (478.4) | 554.6 | 127.9 | 122.1 | 220.0 | 161.9 | 107.4 |
| EBIT | 11,524.4 | 9,205 | 9,236.2 | 6,516.9 | 6,760.1 | 4,059.9 | 2,802.4 | 2,965.3 | 2,343.9 | 1,664.7 | 1,481.9 | 1,201.2 | 983.5 | 1,156.8 | 1,641.2 | 1,265.8 | (120.4) | 359.5 | 816.0 | 862.6 | 448.8 | 372.8 | (130.3) | (94.0) | (637.5) | 488.6 | 85.4 | 88.3 | 204.2 | 152.4 | 100.9 |
| Income Before Tax | 11,622.8 | 9,252.2 | 9,274.8 | 6,594.1 | 6,904.6 | 4,105.2 | 2,784 | 2,943.2 | 2,372.7 | 1,792.2 | 1,548.6 | 1,273.6 | 1,023.5 | 1,150.6 | 1,648.6 | 1,242.5 | (171.6) | 309.6 | 849.5 | 861.8 | 434.7 | 362.6 | (183.9) | (130.7) | (698.4) | 490.7 | 118.4 | 89.4 | 218.8 | 156.0 | 101.2 |
| Income Tax Expense | 2,013.4 | 1,680.6 | 1,435.8 | 969.9 | 1,021.4 | 551.5 | 191.7 | 351.6 | 306 | 234.4 | 161.4 | 77.0 | 8.0 | 4.3 | 181.7 | 220.7 | (20.6) | (12.7) | 177.4 | 243.2 | 123.5 | 127.3 | (59.6) | (42.8) | (218.6) | 146.3 | 37.6 | 27.8 | 71.3 | 54.7 | 37.3 |
| Net Income | 9,609.4 | 7,571.6 | 7,839 | 5,624.2 | 5,883.2 | 3,553.7 | 2,592.3 | 2,591.6 | 2,066.7 | 1,557.8 | 1,387.2 | 1,196.6 | 1,015.5 | 1,146.3 | 1,467.0 | 1,021.8 | (150.9) | 322.4 | 672.1 | 618.5 | 311.2 | 235.3 | (159.9) | (207.7) | (479.8) | 345.4 | 80.8 | 61.6 | 147.5 | 101.3 | 64.0 |
| Per Share Data | |||||||||||||||||||||||||||||||
| EPS (Basic) | 24.73 | 19.25 | 19.56 | 13.81 | 14.97 | 7.91 | 6.07 | 6.30 | 4.63 | 3.65 | 3.28 | 2.80 | 2.36 | 2.63 | 4.81 | 3.04 | -0.44 | 0.99 | 1.81 | 1.87 | 0.98 | 0.65 | -0.48 | -0.64 | -1.51 | 1.21 | 0.28 | 0.19 | 0.92 | 0.32 | 0.21 |
| EPS (Diluted) | 24.71 | 19.24 | 19.54 | 13.80 | 14.94 | 7.89 | 6.06 | 6.28 | 4.61 | 3.63 | 3.26 | 2.79 | 2.34 | 2.62 | 4.77 | 3.02 | -0.44 | 0.97 | 1.75 | 1.80 | 0.98 | 0.65 | -0.48 | -0.64 | -1.51 | 1.17 | 0.28 | 0.19 | 0.92 | 0.32 | 0.21 |
| Shares Outstanding | 388.5 | 393.3 | 393.8 | 397.7 | 409.8 | 418.3 | 420.8 | 424.9 | 429.8 | 425.6 | 430.6 | 437.1 | 429.8 | 424.1 | 327.7 | 335.1 | 333.1 | 332.3 | 356.1 | 325.0 | 331.3 | 330.8 | 330.1 | 326.4 | 318.9 | 286.5 | 284.9 | 327.5 | 320.4 | 313.2 | 300.7 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 12,910.5 | 12,735.7 | 7,031.3 | 7,208.4 | 4,834.4 | 4,498.5 | 3,492.3 | 779.1 | 953.7 | 2,921.6 | 2,451.3 | 2,261.4 | 2,419.1 | 1,768.2 | 2,719.0 | 1,971.7 | 1,037.4 | 1,066.5 | 1,273.5 | 1,685.6 | 1,897.1 | 1,227.9 | 1,026.0 | 668.3 | 912.3 | 711.2 | 603.0 | 150.1 | 34.5 | 61.2 | 33.5 |
| Short-Term Investments | 405.7 | 5.4 | 5.4 | 106.8 | 2,778.4 | 2,843.9 | 1,172.4 | 3,258.6 | 2,419.9 | 1,155.8 | 947.1 | 313.0 | 705.7 | 930.3 | 33.7 | 0 | 0 | 37.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 4,164.2 | 5,443.3 | 7,284.3 | 6,989.0 | 4,570.4 | 3,328.7 | 2,818.2 | 2,402.9 | 2,261.3 | 1,227.0 | 1,161.1 | 1,395.5 | 1,434.0 | 1,092.6 | 1,068.3 | 1,374.9 | 585.9 | 553.6 | 673.4 | 711.2 | 335.3 | 541.5 | 313.9 | 556.3 | 571.1 | 673.0 | 455.2 | 208.2 | 267.1 | 189.9 | 130.1 |
| Inventory | 11,424.4 | 11,707.1 | 9,578.8 | 7,616.3 | 5,483.9 | 4,829.2 | 3,978.8 | 3,673.6 | 3,146.4 | 2,867.3 | 2,640.8 | 2,448.0 | 2,586.9 | 1,927.9 | 1,682.9 | 1,580.6 | 1,037.4 | 1,060.5 | 1,204.1 | 902.8 | 818.3 | 789.9 | 594.0 | 729.5 | 870.4 | 496.2 | 375.9 | 386.9 | 250.8 | 156.3 | 112.0 |
| Other Current Assets | 1,698.2 | 289.9 | 112.7 | 281.4 | 201.6 | 131.4 | 163.7 | 126.0 | 131.4 | 236.2 | 298.0 | 110.5 | 42.4 | 50.1 | 120.2 | 25.9 | 50.2 | 85.2 | 109.9 | 169.2 | 125.9 | 99.5 | 212.1 | 459.6 | 249.5 | 208.3 | 29.4 | 38.6 | 29.9 | 21.6 | 8.8 |
| Total Current Assets | 30,603.1 | 30,736.9 | 24,486.4 | 22,874.9 | 18,244.1 | 15,910.1 | 11,993.6 | 10,540.1 | 9,116.2 | 8,600.8 | 7,684.4 | 6,679.2 | 7,291.9 | 5,833.9 | 5,680.1 | 5,000.0 | 2,749.6 | 2,858.8 | 3,324.2 | 3,487.6 | 3,193.1 | 2,681.4 | 2,146.1 | 2,413.7 | 2,603.3 | 2,088.7 | 1,463.5 | 783.8 | 582.4 | 429.0 | 284.4 |
| Non-Current Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 8,231.3 | 7,233.9 | 5,821.8 | 4,102.8 | 3,156.8 | 2,811.7 | 2,296.9 | 1,728.5 | 1,759.0 | 1,695.8 | 1,615.8 | 1,352.9 | 1,264.0 | 1,030.3 | 1,048.7 | 753.7 | 655.5 | 519.8 | 381.5 | 275.8 | 277.5 | 303.6 | 347.3 | 495.4 | 674.5 | 269.9 | 202.1 | 135.8 | 73.9 | 62.5 | 35.8 |
| Goodwill | 4,586.6 | 4,588.5 | 4,606.0 | 4,518.1 | 4,569.1 | 4,623.3 | 4,489.6 | 4,544.9 | 4,658.8 | 4,898.6 | 2,616.6 | 2,203.5 | 2,167.8 | 149.2 | 145.4 | 142.9 | 131.5 | 126.4 | 128.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 539.9 | 621.3 | 744.5 | 835.5 | 954.9 | 1,047.6 | 1,091.9 | 1,104.9 | 1,196.2 | 1,329.6 | 735.9 | 676.5 | 724.1 | 9.9 | 8.3 | 13.8 | 18.1 | 25.7 | 38.3 | 18.4 | 335.3 | 541.5 | 14.6 | 14.1 | 18.4 | 17.7 | 20.0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 3,808.9 | 2,676.8 | 1,928.0 | 1,277.4 | 1,334.7 | 1,365.9 | 1,408.7 | 1,402.5 | 1,346.3 | 213.3 | 210.6 | 164.7 | 85.4 | 140.3 | 92.1 | 101.8 | 56.0 | 81.0 | 18.5 | 18.8 | 18.4 | 5.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1,056.7 | 790.8 | 642.9 | 733.7 | 958.9 | 804.1 | 652.1 | 596.2 | 551.4 | 520.0 | 362.6 | 302.7 | 272.3 | 210.0 | 213.7 | 165.8 | 21.1 | 33.6 | 41.6 | 17.5 | 21.3 | 19.7 | 30.7 | 61.7 | 91.4 | 15.2 | 17.9 | 12.8 | 0 | 7.8 | 0.3 |
| Total Non-Current Assets | 19,942.0 | 17,851.9 | 15,622.6 | 13,126.5 | 12,076.5 | 11,323.3 | 10,379.5 | 9,613.5 | 9,544.3 | 8,692.4 | 5,570.5 | 4,727.2 | 4,658.3 | 1,579.2 | 1,546.7 | 1,249.8 | 1,015.5 | 929.0 | 749.5 | 534.4 | 548.0 | 561.6 | 717.2 | 885.8 | 1,046.9 | 302.8 | 240.0 | 148.6 | 73.9 | 70.3 | 36.1 |
| Total Assets | 50,545.1 | 48,588.7 | 40,109.1 | 36,001.4 | 30,320.6 | 27,233.4 | 22,373.0 | 20,153.6 | 18,660.5 | 17,293.2 | 13,254.9 | 11,406.3 | 11,950.2 | 7,413.0 | 7,226.8 | 6,249.8 | 3,765.2 | 3,787.7 | 4,073.7 | 4,022.0 | 3,741.2 | 3,243.1 | 2,863.3 | 3,299.5 | 3,650.2 | 2,391.5 | 1,703.5 | 932.4 | 656.3 | 499.3 | 320.5 |
| Current Liabilities | |||||||||||||||||||||||||||||||
| Account Payables | 0 | 3,500.3 | 2,356.2 | 2,544.1 | 2,122.6 | 1,376.2 | 1,050.2 | 964.8 | 859.0 | 596.2 | 417.6 | 463.8 | 649.6 | 189.0 | 442.2 | 561.6 | 206.3 | 186.2 | 283.4 | 332.9 | 342.6 | 343.2 | 219.8 | 213.3 | 290.8 | 180.9 | 143.2 | 60.2 | 118.1 | 76.7 | 43.7 |
| Short-Term Debt | 0 | 1,078.9 | 47.0 | 787.3 | 554.4 | 61.8 | 55.0 | 46.3 | 59.5 | 248.9 | 4.2 | 4.0 | 4.6 | 3.6 | 2.6 | 0 | 0 | 0 | 1.2 | 7.5 | 494.4 | 7.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.8 |
| Deferred Revenue | 0 | 12,570.6 | 11,484.4 | 12,378.2 | 7,958.7 | 3,949.3 | 2,497.8 | 1,730.0 | 1,569.7 | 0 | 0 | 0 | 0 | 0 | 812.2 | 0 | 0 | 0 | 295.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 24,253.6 | 2,618.0 | 2,138.8 | 1,813.2 | 1,395.9 | 1,098.1 | 973.1 | 865.8 | 608.1 | 2,249.1 | 2,672.3 | 2,198.4 | 2,306.9 | 1,883.6 | 739.4 | 1,556.5 | 823.1 | 763.9 | 182.5 | 550.0 | 405.4 | 367.4 | 23.9 | 90.4 | 0.7 | 299.8 | 157.9 | 101.1 | 100.4 | 119.1 | 118.5 |
| Total Current Liabilities | 24,253.6 | 20,051.0 | 16,336.4 | 17,835.5 | 12,334.5 | 6,595.3 | 4,640.9 | 3,795.0 | 3,252.2 | 3,297.2 | 3,097.8 | 2,700.1 | 2,977.4 | 2,087.0 | 2,222.6 | 2,180.0 | 1,044.5 | 969.5 | 1,011.7 | 1,202.6 | 1,414.4 | 813.0 | 685.3 | 752.3 | 830.2 | 480.8 | 301.1 | 161.3 | 218.5 | 195.7 | 162.9 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | 2,707.8 | 3,677.2 | 4,649.1 | 3,485.3 | 4,084.8 | 4,648.9 | 3,063.7 | 3,029.0 | 3,077.9 | 3,087.4 | 1,122.1 | 1,074.7 | 1,110.8 | 756.1 | 635.2 | 718.0 | 699.9 | 622.1 | 602.9 | 388.3 | 381.0 | 817.2 | 858.6 | 1,083.8 | 1,538.1 | 819.3 | 789.1 | 270.7 | 0 | 0 | 8.0 |
| Deferred Tax Liabilities | 182.9 | 299.2 | 373.6 | 264.8 | 241.3 | 238.0 | 231.7 | 251.4 | 349.9 | 398.8 | 256.0 | 221.8 | 378.5 | 88.3 | 175.9 | 157.4 | 188.5 | 201.6 | 245.8 | 227.5 | 223.3 | 200.7 | 169.3 | 133.4 | 34.4 | 3.2 | 2.1 | 3.1 | 5.2 | 3.9 | 1.9 |
| Other Non-Current Liabilities | 432.0 | 222.1 | 220.8 | 300.9 | 133.5 | 127.5 | 86.2 | 108.1 | 203.4 | 639.5 | 415.6 | 388.2 | 298.7 | 413.3 | 105.1 | 389.2 | 57.1 | 14.9 | (141.2) | 0 | 0 | (201.1) | (0.0) | 0 | 0 | 0 | (0.1) | 0 | 0.1 | (0.1) | 0 |
| Total Non-Current Liabilities | 6,687.7 | 10,061.2 | 10,269.2 | 9,427.7 | 7,815.5 | 6,790.0 | 5,282.7 | 4,707.9 | 4,352.5 | 4,125.7 | 1,793.6 | 1,684.7 | 1,787.9 | 1,257.7 | 1,576.2 | 1,264.7 | 945.5 | 906.0 | 1,010.4 | 624.2 | 621.7 | 837.7 | 1,027.9 | 1,217.2 | 1,572.5 | 822.5 | 791.1 | 273.8 | 5.3 | 3.9 | 10.0 |
| Total Liabilities | 30,941.2 | 30,112.3 | 26,605.7 | 27,263.2 | 20,150.0 | 13,385.3 | 9,923.6 | 8,502.9 | 7,604.7 | 7,422.9 | 4,891.4 | 4,384.7 | 4,765.4 | 3,344.7 | 3,798.8 | 3,444.7 | 1,989.9 | 1,875.5 | 2,022.1 | 1,826.8 | 2,036.1 | 1,650.7 | 1,713.2 | 1,969.5 | 2,402.6 | 1,303.2 | 1,092.2 | 435.1 | 223.7 | 199.6 | 172.9 |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Common Stock | 0 | 35.4 | 36.1 | 36.0 | 36.6 | 37.6 | 37.8 | 38.6 | 39.8 | 39.6 | 38.7 | 36.8 | 41.6 | 37.5 | 38.2 | 39.7 | 39.0 | 37.4 | 39.3 | 10.2 | 9.7 | 9.7 | 9.6 | 9.6 | 9.4 | 8.3 | 8.2 | 0 | 0 | 0 | 0 |
| Retained Earnings | 0 | 14,414.0 | 12,426.5 | 8,972.2 | 8,342.0 | 10,718.1 | 9,415.8 | 9,205.5 | 7,501.1 | 6,314.4 | 5,268.4 | 4,344.7 | 4,542.5 | 3,932.7 | 3,255.4 | 2,393.0 | 1,450.6 | 1,633.5 | 1,528.4 | 1,262.0 | 660.4 | 351.5 | 115.9 | 276.1 | 485.0 | 791.7 | 453.6 | 370.6 | 2.1 | 165.5 | 67.2 |
| Accumulated Other Comprehensive Income | 0 | 454.1 | 346.3 | 424.8 | 334.5 | 179.2 | 274.7 | 285.2 | 258.0 | 604.2 | 470.9 | 198.2 | (44.0) | 79.0 | 78.1 | 49.1 | 27.5 | 0 | 0 | 0 | 0 | 0 | 139.4 | 159.0 | 153.5 | (0.9) | (0.5) | (84.9) | (53.5) | (680.5) | (30.1) |
| Total Stockholders' Equity | 19,603.9 | 18,476.5 | 13,503.4 | 8,738.2 | 10,170.7 | 13,848.1 | 12,449.4 | 11,650.7 | 11,055.8 | 9,870.3 | 8,363.5 | 7,021.6 | 7,184.9 | 4,068.3 | 3,428.0 | 2,805.1 | 1,775.3 | 1,912.2 | 1,910.4 | 2,195.2 | 1,705.1 | 1,391.3 | 1,139.2 | 1,314.6 | 1,228.4 | 968.6 | 611.3 | 497.3 | 432.5 | 299.7 | 147.6 |
| Total Liabilities & Equity | 50,545.1 | 48,588.7 | 40,109.1 | 36,001.4 | 30,320.6 | 27,233.4 | 22,373.0 | 20,153.6 | 18,660.5 | 17,293.2 | 13,254.9 | 11,406.3 | 11,950.2 | 7,413.0 | 7,226.8 | 6,249.8 | 3,765.2 | 3,787.7 | 4,073.7 | 4,022.0 | 3,741.2 | 3,243.1 | 2,863.3 | 3,299.5 | 3,650.2 | 2,391.5 | 1,703.5 | 932.4 | 656.3 | 499.3 | 320.5 |
| Debt Metrics | |||||||||||||||||||||||||||||||
| Total Debt | 2,707.8 | 4,993.5 | 4,877.9 | 4,422.8 | 4,759.9 | 4,848.4 | 3,280.1 | 3,169.1 | 3,220.5 | 3,336.3 | 1,126.3 | 1,078.7 | 1,115.3 | 759.8 | 637.8 | 718.0 | 699.9 | 622.1 | 604.1 | 395.8 | 875.4 | 824.9 | 858.6 | 1,083.8 | 1,538.1 | 819.3 | 789.1 | 270.7 | 0 | 0 | 8.8 |
| Net Debt | (10,202.7) | (7,742.2) | (2,153.3) | (2,785.7) | (74.5) | 350.0 | (212.2) | 2,390.0 | 2,266.8 | 414.7 | (1,325.0) | (1,182.7) | (1,303.7) | (1,008.5) | (2,081.2) | (1,253.7) | (337.4) | (444.3) | (669.4) | (1,289.8) | (1,021.6) | (403.0) | (167.4) | 415.5 | 625.8 | 108.1 | 186.0 | 120.7 | (34.5) | (61.2) | (24.7) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||
| Net Income | 9,230.1 | 7,909.2 | 7,701.1 | 5,492.8 | 6,133.0 | 3,306.8 | 2,555.5 | 2,676.8 | 1,991.6 | 1,551.5 | 1,411.8 | 1,226.0 | 1,015.5 | 1,117.2 | 1,574.7 | 1,019.2 | (146.3) | 326.3 | 644.9 | 605.3 | 326.7 | 215.2 | (124.3) | (88.0) | (479.8) | 344.4 | 80.8 | 61.6 | 147.5 | 101.3 | 64.0 |
| Depreciation & Amortization | 985.4 | 1,030.8 | 772.4 | 625.7 | 473.9 | 442.2 | 434.4 | 432.9 | 398.7 | 373.5 | 299.4 | 259.6 | 224.6 | 180.7 | 175.3 | 149.6 | 135.6 | 120.5 | 117.2 | 80.4 | 95.0 | 82.4 | 144.5 | 165.9 | 159.1 | 66.0 | 42.5 | 33.9 | 15.8 | 9.5 | 6.5 |
| 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 |
| Change in Working Capital | 986.0 | 2,144.9 | (3,599.2) | 2,384.2 | 5,100.1 | 494.7 | 110.0 | (61.4) | (854.5) | (310.9) | 17.8 | (622.3) | (401.6) | (694.6) | 384.7 | (338.4) | 34.9 | (313.1) | (320.3) | (229.3) | 284.9 | (204.3) | 514.1 | (242.4) | (97.1) | (216.2) | (89.5) | (145.0) | (172.3) | (76.0) | (40.1) |
| Other Non-Cash Items | 783.8 | 730.5 | 604.6 | 336.8 | 36.7 | 259.1 | 363.4 | 371.7 | 224.5 | 142.5 | 286.3 | 247.6 | 238.3 | 152.8 | 19.9 | 79.2 | 119.9 | 185.1 | 84.5 | 73.5 | 21.0 | 31.5 | (0.0) | 252.4 | 378.1 | (0.0) | 0 | (0.1) | (10.6) | (0.1) | (0.1) |
| Operating Cash Flow | 12,158.9 | 11,664.1 | 5,347.6 | 8,288.5 | 11,306.3 | 4,306.1 | 3,229.9 | 3,173.7 | 1,752.3 | 1,756.0 | 2,061.5 | 1,050.4 | 1,054.2 | 685.6 | 2,222.4 | 937.7 | 96.2 | 284.1 | 628.5 | 462.7 | 746.3 | 229.6 | 508.4 | (54.1) | (236.0) | 185.0 | 38.1 | (53.4) | (15.9) | 40.5 | 35.9 |
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital Expenditure | (1,511.5) | (2,159.4) | (2,117.7) | (1,251.9) | (938.9) | (895.2) | (755.7) | (592.9) | (326.6) | (333.5) | (378.4) | (367.1) | (210.8) | (167.5) | (323.0) | (128.4) | (101.7) | (262.9) | (168.0) | (68.4) | (76.2) | (68.5) | (71.3) | (138.5) | (347.3) | (131.6) | (109.8) | (98.0) | (41.0) | (37.8) | (22.1) |
| Acquisitions | 0 | 0 | (33.0) | 0 | 343.0 | (207.3) | 0 | 0 | 0 | (2,784.2) | 0 | 0 | (443.7) | (10.0) | 0 | 3.8 | 6.7 | 0 | (158.3) | 5.1 | 13.9 | 13.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (1,641.0) | (318.8) | (23.2) | (326.5) | (1,212.1) | (1,373.0) | (1,273.2) | (950.8) | (2,070.9) | (2,672.2) | (1,141.8) | (517.1) | (904.9) | (1,344.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.8) | (5.3) |
| Sales/Maturities of Investments | 5.1 | 318.8 | 123.4 | 844.5 | 1,903.9 | 1,264.7 | 1,004.5 | 1,068.1 | 1,230.6 | 2,445.5 | 340.8 | 870.6 | 1,195.0 | 438.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.8 | 5.2 | 0 |
| Other Investing Activities | (426.0) | (549.7) | (551.6) | (234.4) | (129.7) | (11.4) | 0.9 | 4.5 | 1.0 | (7.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45.7 | 58.7 | (13.3) | 3.0 | (10.2) | (3.8) | 12.4 | 0 | 2.3 |
| Investing Cash Flow | (3,628.7) | (2,725.6) | (2,642.0) | (1,004.9) | (75.1) | (1,258.3) | (1,141.1) | (507.7) | (1,184.4) | (3,361.0) | (1,180.5) | (16.6) | (368.3) | (1,091.4) | (323.0) | (124.6) | (95.1) | (263.0) | (326.2) | (63.5) | (63.8) | (55.2) | (25.7) | (79.8) | (360.6) | (128.6) | (120.0) | (101.7) | (12.8) | (34.4) | (25.2) |
| Financing Activities | |||||||||||||||||||||||||||||||
| Net Debt Issuance | (300.2) | (3.3) | 240.7 | (20.1) | (12.6) | 1,380.0 | (3.7) | (2.9) | (466.8) | 2,346.3 | (3.7) | (4.2) | (4.1) | (2.7) | (2.7) | (1.4) | (1.4) | (2.4) | (957.8) | (8.1) | (13.6) | (1.1) | (65.9) | 0 | 653.3 | 0 | 516.8 | 270.7 | (1.8) | (21.6) | 13.3 |
| Stock Repurchased | (5,715.2) | (522.3) | (982.4) | (4,531.3) | (8,923.8) | (1,123.6) | (404.2) | (1,183.9) | (481.8) | (421.6) | (574.9) | (717.2) | (300.0) | (521.8) | (751.9) | 0 | 0 | (88.7) | (337.4) | (657.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (2,449.6) | (2,562.3) | (2,307.0) | (2,500.0) | (1,426.4) | (992.3) | (1,306.9) | (616.7) | (497.9) | (470.0) | (307.7) | (274.5) | (216.1) | (184.1) | (185.3) | (86.7) | (83.8) | (109.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 232.6 | 0.9 | 3.7 | 4.1 | 375.3 | (3,631.6) | (161.0) | 149.7 | 1.9 | 2.2 | 8.4 | 2.8 | 0 | 0 | 4.2 | (132.6) | (174.4) | 119.7 | (12.8) | (1.3) | 5.5 | 0 | (1.6) |
| Financing Cash Flow | (8,328.3) | (2,958.4) | (2,951.1) | (6,971.5) | (10,311.7) | (700.7) | (1,688.0) | (1,781.0) | (1,165.2) | 2,069.9 | (848.7) | (951.2) | (113.1) | (531.7) | (1,064.4) | 92.5 | (72.6) | (186.5) | (655.3) | (627.9) | 3.0 | 17.2 | (55.3) | (106.0) | 505.3 | 137.6 | 535.6 | 271.2 | 3.7 | 22.5 | 11.7 |
| Cash Position | |||||||||||||||||||||||||||||||
| Net Change in Cash | 1,686.2 | 5,263.3 | (17.6) | 2,114.7 | (26.1) | 1,261.9 | 2,708.4 | (198.1) | (1,665.8) | 376.5 | (235.7) | (219.3) | 663.7 | (922.5) | 713.4 | 850.2 | (37.6) | (219.5) | (222.1) | (48.7) | 1,897.1 | 0 | 358.4 | (241.8) | (73.6) | 234.7 | 452.1 | 115.3 | (24.5) | 29.2 | 22.1 |
| Cash at Beginning | 11,224.3 | 7,472.3 | 7,048.9 | 5,093.7 | 4,860.5 | 3,236.5 | 783.8 | 977.3 | 2,619.5 | 2,545.1 | 2,687.0 | 2,480.6 | 1,755.3 | 2,690.8 | 2,005.6 | 1,121.6 | 1,074.9 | 1,286.0 | 1,495.6 | 1,734.3 | 0 | 0 | 667.6 | 910.1 | 985.9 | 596.2 | 151.0 | 34.8 | 59.0 | 32.1 | 11.4 |
| Cash at End | 12,910.5 | 12,735.7 | 7,031.3 | 7,208.4 | 4,834.4 | 4,498.5 | 3,492.3 | 779.1 | 953.7 | 2,921.6 | 2,451.3 | 2,261.4 | 2,419.1 | 1,768.2 | 2,719.0 | 1,971.7 | 1,037.4 | 1,066.5 | 1,273.5 | 1,685.6 | 1,897.1 | 1,227.9 | 1,026.0 | 668.3 | 912.3 | 830.9 | 603.0 | 150.1 | 34.5 | 61.2 | 33.5 |
| Free Cash Flow | 10,647.4 | 9,504.7 | 3,230.0 | 7,036.7 | 10,367.4 | 3,411.0 | 2,474.2 | 2,580.8 | 1,425.7 | 1,422.6 | 1,683.1 | 683.3 | 843.4 | 518.1 | 1,899.4 | 809.3 | (5.6) | 21.2 | 460.5 | 394.3 | 670.1 | 161.1 | 437.1 | (192.6) | (583.3) | 53.4 | (71.8) | (151.3) | (56.9) | 2.7 | 13.7 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||
| Revenue | 32,667.3 | 28,262.9 | 27,558.5 | 21,173.4 | 18,611 | 13,978.5 | 11,820 | 10,944 | 8,962.7 | 6,875.1 | 6,287.4 | 5,856.3 | 5,245.3 | 4,731.6 | 5,651.0 | 4,507.9 | 1,596.1 | 2,953.7 | 3,774.1 | 3,581.8 | 2,527.0 | 2,463.6 | 1,540.0 | 1,957.4 | 1,847.6 | 2,160.8 | 1,197.5 | 774.6 | 808.5 | 619.4 | 446.3 |
| Gross Profit | 17,258 | 14,492 | 14,136.1 | 10,700.1 | 9,809 | 6,797.2 | 5,279.8 | 5,029.2 | 4,020.2 | 3,145.3 | 2,895.7 | 2,596.4 | 2,177.3 | 2,005.3 | 2,449.4 | 1,955.2 | 458.4 | 1,015.5 | 1,552.1 | 1,454.0 | 973.5 | 905.0 | 368.1 | 467.3 | 51.9 | 954.9 | 442.0 | 329.7 | 355.5 | 258.2 | 169.8 |
| Operating Income | 11,301.4 | 9,022.6 | 9,042.3 | 6,500.7 | 6,750.1 | 4,051.5 | 2,790.8 | 2,965.3 | 2,439.7 | 1,758.5 | 1,565.1 | 1,282.2 | 1,047.9 | 1,156.8 | 1,641.2 | 1,250.7 | (163.1) | 287.0 | 816.0 | 862.6 | 448.8 | 378.6 | (154.8) | (94.0) | (694.8) | 488.6 | 85.4 | 88.3 | 204.2 | 152.4 | 100.9 |
| Net Income | 9,609.4 | 7,571.6 | 7,839 | 5,624.2 | 5,883.2 | 3,553.7 | 2,592.3 | 2,591.6 | 2,066.7 | 1,557.8 | 1,387.2 | 1,196.6 | 1,015.5 | 1,146.3 | 1,467.0 | 1,021.8 | (150.9) | 322.4 | 672.1 | 618.5 | 311.2 | 235.3 | (159.9) | (207.7) | (479.8) | 345.4 | 80.8 | 61.6 | 147.5 | 101.3 | 64.0 |
| EPS (Diluted) | 24.71 | 19.24 | 19.54 | 13.80 | 14.94 | 7.89 | 6.06 | 6.28 | 4.61 | 3.63 | 3.26 | 2.79 | 2.34 | 2.62 | 4.77 | 3.02 | -0.44 | 0.97 | 1.75 | 1.80 | 0.98 | 0.65 | -0.48 | -0.64 | -1.51 | 1.17 | 0.28 | 0.19 | 0.92 | 0.32 | 0.21 |
| Balance Sheet | |||||||||||||||||||||||||||||||
| Cash & Equivalents | 12,910.5 | 12,735.7 | 7,031.3 | 7,208.4 | 4,834.4 | 4,498.5 | 3,492.3 | 779.1 | 953.7 | 2,921.6 | 2,451.3 | 2,261.4 | 2,419.1 | 1,768.2 | 2,719.0 | 1,971.7 | 1,037.4 | 1,066.5 | 1,273.5 | 1,685.6 | 1,897.1 | 1,227.9 | 1,026.0 | 668.3 | 912.3 | 711.2 | 603.0 | 150.1 | 34.5 | 61.2 | 33.5 |
| Total Assets | 50,545.1 | 48,588.7 | 40,109.1 | 36,001.4 | 30,320.6 | 27,233.4 | 22,373.0 | 20,153.6 | 18,660.5 | 17,293.2 | 13,254.9 | 11,406.3 | 11,950.2 | 7,413.0 | 7,226.8 | 6,249.8 | 3,765.2 | 3,787.7 | 4,073.7 | 4,022.0 | 3,741.2 | 3,243.1 | 2,863.3 | 3,299.5 | 3,650.2 | 2,391.5 | 1,703.5 | 932.4 | 656.3 | 499.3 | 320.5 |
| Total Debt | 2,707.8 | 4,993.5 | 4,877.9 | 4,422.8 | 4,759.9 | 4,848.4 | 3,280.1 | 3,169.1 | 3,220.5 | 3,336.3 | 1,126.3 | 1,078.7 | 1,115.3 | 759.8 | 637.8 | 718.0 | 699.9 | 622.1 | 604.1 | 395.8 | 875.4 | 824.9 | 858.6 | 1,083.8 | 1,538.1 | 819.3 | 789.1 | 270.7 | 0 | 0 | 8.8 |
| Stockholders' Equity | 19,603.9 | 18,476.5 | 13,503.4 | 8,738.2 | 10,170.7 | 13,848.1 | 12,449.4 | 11,650.7 | 11,055.8 | 9,870.3 | 8,363.5 | 7,021.6 | 7,184.9 | 4,068.3 | 3,428.0 | 2,805.1 | 1,775.3 | 1,912.2 | 1,910.4 | 2,195.2 | 1,705.1 | 1,391.3 | 1,139.2 | 1,314.6 | 1,228.4 | 968.6 | 611.3 | 497.3 | 432.5 | 299.7 | 147.6 |
| Cash Flow | |||||||||||||||||||||||||||||||
| Operating Cash Flow | 12,158.9 | 11,664.1 | 5,347.6 | 8,288.5 | 11,306.3 | 4,306.1 | 3,229.9 | 3,173.7 | 1,752.3 | 1,756.0 | 2,061.5 | 1,050.4 | 1,054.2 | 685.6 | 2,222.4 | 937.7 | 96.2 | 284.1 | 628.5 | 462.7 | 746.3 | 229.6 | 508.4 | (54.1) | (236.0) | 185.0 | 38.1 | (53.4) | (15.9) | 40.5 | 35.9 |
| Capital Expenditure | (1,511.5) | (2,159.4) | (2,117.7) | (1,251.9) | (938.9) | (895.2) | (755.7) | (592.9) | (326.6) | (333.5) | (378.4) | (367.1) | (210.8) | (167.5) | (323.0) | (128.4) | (101.7) | (262.9) | (168.0) | (68.4) | (76.2) | (68.5) | (71.3) | (138.5) | (347.3) | (131.6) | (109.8) | (98.0) | (41.0) | (37.8) | (22.1) |
| Free Cash Flow | 10,647.4 | 9,504.7 | 3,230.0 | 7,036.7 | 10,367.4 | 3,411.0 | 2,474.2 | 2,580.8 | 1,425.7 | 1,422.6 | 1,683.1 | 683.3 | 843.4 | 518.1 | 1,899.4 | 809.3 | (5.6) | 21.2 | 460.5 | 394.3 | 670.1 | 161.1 | 437.1 | (192.6) | (583.3) | 53.4 | (71.8) | (151.3) | (56.9) | 2.7 | 13.7 |