CBSH - Commerce Bancshares, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$58.50
DETAILS
HIGH:
$58.50
LOW:
$58.50
MEDIAN:
$58.50
CONSENSUS:
$58.50
UPSIDE:
11.71%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 2,139.7 | 2,092.9 | 1,969.3 | 1,566.0 | 1,438.7 | 1,389.5 | 1,453.0 | 1,390.1 | 1,263.7 | 1,159.6 | 1,116.9 | 1,098.9 | 1,064.2 | 1,082.4 | 1,101.7 | 1,137.9 | 1,178.6 | 1,225.6 | 1,307.7 | 1,193.9 | 1,038.8 | 937.0 | 919.1 | 933.1 | 1,026.8 | 1,068.7 | 986.8 | 942.5 | 863 | 806.8 | 764.2 | 621.3 | 581.8 |
| Cost of Revenue | 428.0 | 462.2 | 418.6 | 84.9 | (53.5) | 180.0 | 153.8 | 108.1 | 89.0 | 69.3 | 56.8 | 57.6 | 51.3 | 65.3 | 103.4 | 183.5 | 314.7 | 366.0 | 440.8 | 344.8 | 224.6 | 143.1 | 155.7 | 186.7 | 319.4 | 366.6 | 319.9 | 337.7 | 316.5 | 306.4 | 289.9 | 191.5 | 187.3 |
| Gross Profit | 1,711.7 | 1,630.7 | 1,550.7 | 1,481.2 | 1,492.2 | 1,209.6 | 1,299.2 | 1,282.0 | 1,174.7 | 1,090.2 | 1,060.1 | 1,041.3 | 1,013.0 | 1,017.1 | 998.3 | 954.3 | 863.9 | 859.6 | 866.9 | 849.2 | 814.1 | 793.9 | 763.4 | 746.4 | 707.4 | 702.1 | 666.9 | 604.8 | 546.5 | 500.4 | 474.3 | 429.8 | 394.5 |
| 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 |
| SG&A Expenses | 704.3 | 646.7 | 641.7 | 588.5 | 556.2 | 532.7 | 514.8 | 595.4 | 582.4 | 456.7 | 429.0 | 411.4 | 392.2 | 482.6 | 465.8 | 479.0 | 485.3 | 447.4 | 411.5 | 305.6 | 290.5 | 282.2 | 279.0 | 265.6 | 249.0 | 233.9 | 228.1 | 210.3 | 191.9 | 177 | 169.5 | 154.8 | 141.9 |
| Other Expenses | 275.5 | 304.5 | 289.2 | 260.3 | 249.7 | 235.7 | 252.6 | 142.5 | 161.9 | 232.6 | 247.5 | 245.5 | 236.5 | 135.9 | 151.5 | 157.2 | 136.4 | 137.7 | 155.1 | 219.8 | 206.1 | 200.6 | 193.1 | 187.4 | 188.9 | 200.3 | 191 | 168.9 | 152.5 | 141 | 136.1 | 127.3 | 115.3 |
| Operating Expenses | 979.8 | 951.2 | 931.0 | 848.8 | 805.9 | 768.4 | 767.4 | 737.8 | 744.3 | 689.2 | 676.5 | 656.9 | 628.7 | 618.5 | 617.2 | 636.2 | 621.7 | 585.1 | 566.5 | 525.4 | 496.5 | 482.8 | 472.1 | 452.9 | 438.0 | 434.2 | 419.1 | 379.2 | 344.4 | 318 | 305.6 | 282.1 | 257.2 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 731.8 | 679.5 | 619.7 | 632.4 | 686.3 | 441.2 | 531.8 | 544.2 | 430.4 | 401.0 | 383.6 | 384.4 | 384.3 | 398.6 | 381.0 | 318.1 | 242.1 | 274.5 | 300.4 | 323.7 | 317.6 | 311.1 | 291.2 | 293.5 | 269.4 | 267.9 | 247.8 | 225.6 | 202.1 | 182.4 | 168.7 | 147.7 | 137.3 |
| Interest Expense | 371.9 | 429.3 | 383.2 | 56.8 | 12.9 | 42.8 | 103.4 | 65.4 | 43.7 | 33.0 | 28.1 | 28.1 | 30.9 | 38.1 | 51.9 | 83.5 | 154.0 | 257.1 | 398.0 | 319.1 | 195.9 | 112.8 | 115.0 | 152.6 | 283.1 | 331.5 | 284.6 | 300.8 | 285.1 | 281.9 | 275.3 | 185.7 | 175.9 |
| Interest Income | 1,483.7 | 1,469.6 | 1,381.3 | 999.0 | 848.3 | 872.6 | 924.7 | 889.2 | 777.4 | 713.1 | 662.4 | 648.3 | 650.3 | 678.0 | 698.0 | 729.5 | 789.5 | 849.8 | 936.1 | 832.3 | 697.6 | 610.1 | 617.4 | 652.6 | 751.0 | 812.2 | 750.6 | 728.5 | 682.9 | 647.6 | 631 | 500.3 | 460.4 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 770.0 | 733.6 | 669.2 | 679.2 | 731.2 | 484.9 | 572.9 | 582.8 | 470.1 | 441.9 | 426.4 | 426.7 | 426.3 | 442.1 | 427.8 | 367.0 | 293.6 | 325.2 | 352.9 | 384.5 | 376.6 | 378.5 | 362.3 | 347.7 | 312.7 | 306.6 | 294.1 | 261.6 | 241.7 | 233.7 | 218.8 | 203.8 | 194.7 |
| EBIT | 731.8 | 679.5 | 619.7 | 632.4 | 686.3 | 441.2 | 531.8 | 544.2 | 430.4 | 401.0 | 383.6 | 384.4 | 384.3 | 398.6 | 381.0 | 318.1 | 242.1 | 274.5 | 300.4 | 323.7 | 317.6 | 311.1 | 291.2 | 293.5 | 269.4 | 267.9 | 247.8 | 225.6 | 202.1 | 182.4 | 168.7 | 147.7 | 137.3 |
| Income Before Tax | 731.8 | 679.5 | 619.7 | 632.4 | 686.3 | 441.2 | 531.8 | 544.2 | 430.4 | 401.0 | 383.6 | 384.4 | 384.3 | 398.6 | 381.0 | 318.1 | 242.1 | 274.5 | 300.4 | 323.7 | 317.6 | 311.1 | 291.2 | 293.5 | 269.4 | 267.9 | 247.8 | 225.6 | 202.1 | 182.4 | 168.7 | 147.7 | 137.3 |
| Income Tax Expense | 161.1 | 145.1 | 134.5 | 132.4 | 145.7 | 87.3 | 109.1 | 105.9 | 110.5 | 124.2 | 116.6 | 121.6 | 123.2 | 127.2 | 121.4 | 96.2 | 73.8 | 85.1 | 93.7 | 103.9 | 94.3 | 90.8 | 84.7 | 94.0 | 87.4 | 89.3 | 81.6 | 75.5 | 69.4 | 62.9 | 61.1 | 51.6 | 50.4 |
| Net Income | 566.3 | 526.3 | 477.1 | 488.4 | 530.8 | 354.1 | 421.2 | 433.5 | 319.4 | 275.4 | 263.7 | 261.8 | 261.0 | 269.3 | 256.3 | 221.7 | 169.1 | 188.7 | 206.7 | 219.8 | 223.2 | 220.3 | 206.5 | 199.5 | 182.0 | 178.6 | 166.2 | 150.1 | 132.7 | 119.5 | 107.6 | 96.1 | 86.9 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 4.08 | 3.88 | 3.47 | 3.50 | 3.73 | 2.39 | 2.81 | 2.83 | 2.06 | 1.77 | 1.65 | 1.61 | 1.60 | 1.62 | 1.50 | 1.28 | 1.00 | 1.15 | 1.25 | 1.30 | 1.27 | 1.19 | 1.07 | 0.98 | 0.88 | 0.85 | 0.78 | 0.69 | 0.61 | 0.53 | 0.46 | 0.44 | 0.40 |
| EPS (Diluted) | 4.08 | 3.87 | 3.47 | 3.49 | 3.72 | 2.39 | 2.81 | 2.82 | 2.05 | 1.77 | 1.65 | 1.60 | 1.59 | 1.61 | 1.50 | 1.27 | 1.00 | 1.14 | 1.23 | 1.28 | 1.25 | 1.17 | 1.06 | 0.97 | 0.87 | 0.84 | 0.77 | 0.69 | 0.60 | 0.53 | 0.46 | 0.44 | 0.40 |
| Shares Outstanding | 138.9 | 134.4 | 136.6 | 138.4 | 141.2 | 142.9 | 146.6 | 149.0 | 150.6 | 150.2 | 154.4 | 160.2 | 163.5 | 166.2 | 170.8 | 172.8 | 168.7 | 164.7 | 165.8 | 169.1 | 175.9 | 185.6 | 193.1 | 202.6 | 206.2 | 209.7 | 214.4 | 217.7 | 218.6 | 226.1 | 233.4 | 220.6 | 215.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 803.2 | 3,372.9 | 2,682.2 | 841.6 | 4,276.8 | 2,184.9 | 887.5 | 1,197.8 | 469.1 | 767.0 | 441.2 | 1,129.9 | 585.8 | 567.1 | 710.4 | 824.2 | 616.7 | 685.2 | 738.7 | 978.2 | 833.3 | 774.9 | 565.8 | 905.2 |
| Short-Term Investments | 9,095.5 | 9,136.9 | 9,684.8 | 12,238.3 | 14,450.0 | 12,449.3 | 8,571.6 | 8,538.0 | 8,725.4 | 9,649.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| Other Current Assets | 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 | 9,898.8 | 12,509.8 | 12,366.9 | 13,080.0 | 18,726.8 | 14,634.2 | 9,459.1 | 9,735.8 | 9,194.5 | 10,416.2 | 441.2 | 1,129.9 | 585.8 | 567.1 | 710.4 | 824.2 | 616.7 | 685.2 | 738.7 | 978.2 | 833.3 | 774.9 | 565.8 | 905.2 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 485.7 | 475.3 | 469.1 | 418.9 | 388.7 | 371.1 | 370.6 | 333.1 | 335.1 | 337.7 | 402.6 | 411.2 | 336.4 | 336.4 | 335.2 | 313.4 | 257.6 | 235.2 | 222.1 | 214.2 | 209.8 | 210 | 191.8 | 195.3 |
| Goodwill | 146.5 | 146.5 | 146.5 | 138.9 | 138.9 | 138.9 | 138.9 | 138.9 | 138.9 | 138.9 | 125.6 | 125.6 | 48.5 | 48.5 | 43.2 | 50.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 13.3 | 13.6 | 14.2 | 15.2 | 15.6 | 11.2 | 9.5 | 8.8 | 7.6 | 6.7 | 14.3 | 17.2 | 0.5 | 2.2 | 4.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 17,302.4 | 17,236.6 | 16,349.8 | 15,193.4 | 16,270.6 | 14,689.3 | 14,091.1 | 13,951.9 | 13,323.9 | 16,758.9 | 15,242.6 | 13,000.9 | 13,037.3 | 12,008.9 | 11,228.5 | 9,698.4 | 9,938.6 | 9,947.3 | 8,783.4 | 8,095.6 | 7,814.1 | 6,990.9 | 6,722.8 |
| Other Non-Current Assets | 0 | 1,549.0 | 1,467.7 | 1,873.1 | 2,225.7 | 1,496.9 | 1,398.3 | 1,156.1 | 1,205.4 | 1,418.0 | 377.5 | 606.0 | 278.2 | 295.7 | 206.6 | 491.2 | 484.1 | 473.8 | 416.9 | 245.7 | 471.6 | 775 | 287.1 | 224.1 |
| Total Non-Current Assets | 645.5 | 19,486.9 | 19,334.1 | 18,796.0 | 17,962.3 | 18,288.8 | 16,606.7 | 15,728.0 | 15,638.9 | 15,225.3 | 17,678.9 | 16,402.6 | 13,664.6 | 13,720.0 | 12,598.0 | 12,083.9 | 10,498.4 | 10,715.8 | 10,663.3 | 9,328.7 | 8,864.9 | 8,799.1 | 7,469.8 | 7,142.2 |
| Total Assets | 32,915.1 | 31,996.6 | 31,701.1 | 31,875.9 | 36,689.1 | 32,923.0 | 26,065.8 | 25,463.8 | 24,833.4 | 25,641.4 | 18,120.2 | 17,532.4 | 14,250.4 | 14,287.2 | 13,308.4 | 12,902.8 | 11,115.1 | 11,400.9 | 11,402 | 10,306.9 | 9,698.2 | 9,574 | 8,035.6 | 8,047.4 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 110.2 | 4.2 | 78.7 |
| Short-Term Debt | 2,989.6 | 2,926.8 | 2,908.8 | 2,841.7 | 3,023.0 | 2,098.4 | 1,850.8 | 1,956.4 | 1,507.1 | 1,723.9 | 1,103.2 | 1,026.5 | 1,913.9 | 2,108.9 | 1,459.9 | 1,087.4 | 543.9 | 1,042.4 | 617.8 | 512.6 | 526.8 | 362.9 | 290.6 | 395.1 |
| 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 |
| Other Current Liabilities | (2,989.6) | 25,293.6 | 25,363.9 | 26,187.4 | 29,813.1 | 26,946.7 | 20,520.4 | 20,323.7 | 20,425.4 | 21,101.1 | 14,210.5 | 12,894.7 | 10,434.3 | 10,206.2 | 9,913.3 | 10,031.9 | 9,081.7 | 9,164.1 | 9,530.2 | 8,700.6 | 8,166.4 | 8,193.1 | 6,990.4 | 6,839.4 |
| Total Current Liabilities | 0 | 28,220.4 | 28,272.7 | 29,029.2 | 32,836.0 | 29,045.1 | 22,371.2 | 22,280.0 | 21,932.6 | 22,825 | 15,313.6 | 13,921.3 | 12,348.2 | 12,315.1 | 11,373.2 | 11,119.3 | 9,625.6 | 10,295 | 10,148 | 9,213.2 | 8,760 | 8,675 | 7,285.2 | 7,313.2 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 12.8 | 0.1 | 1.4 | 9.7 | 12.6 | 0.8 | 2.4 | 8.7 | 1.8 | 102.0 | 736.1 | 1,747.8 | 389.5 | 401.0 | 338.5 | 392.6 | 224.7 | 25.7 | 27.1 | 7.2 | 14.1 | 14.6 | 6.5 | 6.9 |
| 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 |
| Other Non-Current Liabilities | 0 | 443.7 | 462.7 | 355.5 | 392.2 | 477.1 | 553.7 | 237.9 | 180.9 | 213.2 | 184.6 | 283.9 | 85.8 | 120.1 | 174.3 | 123.8 | 121.1 | 88.8 | 146.1 | 105.7 | 66.6 | 9.4 | 15.1 | 14.3 |
| Total Non-Current Liabilities | 12.8 | 443.8 | 464.1 | 365.2 | 404.7 | 477.9 | 556.1 | 246.6 | 182.6 | 315.3 | 920.6 | 2,031.7 | 475.3 | 521.1 | 512.8 | 516.4 | 345.8 | 114.6 | 173.2 | 112.9 | 80.7 | 24 | 21.6 | 21.2 |
| Total Liabilities | 29,100.3 | 28,664.2 | 28,736.8 | 29,394.4 | 33,240.8 | 29,523.0 | 22,927.3 | 22,526.7 | 22,115.2 | 23,140.3 | 16,234.3 | 15,955.8 | 12,823.5 | 12,836.2 | 11,892.1 | 11,630.3 | 9,971.4 | 10,321.1 | 10,321.2 | 9,326.1 | 8,773.9 | 8,690.2 | 7,306.8 | 7,334.4 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 692.9 | 676.1 | 655.3 | 629.3 | 610.8 | 589.4 | 564.0 | 559.4 | 535.4 | 510.0 | 415.6 | 379.5 | 347.0 | 343.2 | 336.2 | 327.9 | 313.3 | 312.1 | 306.8 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 131.8 | 45.5 | 53.2 | 31.6 | 92.5 | 73 | 201.6 | 241.2 | 221.4 | 292.8 | 568.5 | 633.2 | 703.3 | 707.1 | 707.4 | 700.2 | 671.1 | 642.7 | 624.3 | 626.4 | 621.7 | 618.4 | 576.3 | 545.4 |
| Accumulated Other Comprehensive Income | (507.7) | (758.9) | (891.4) | (1,086.9) | 77.1 | 331.4 | 110.4 | (64.7) | 14.1 | 11.0 | 46.4 | (56.7) | 36.0 | 70.9 | 94.3 | 35.7 | 14.8 | (2.1) | 52.2 | 29.1 | 18.2 | 26.8 | (60.1) | 0 |
| Total Stockholders' Equity | 3,791.4 | 3,309.9 | 2,944.1 | 2,465.3 | 3,437.3 | 3,397.0 | 3,134.7 | 2,931.3 | 2,716.6 | 2,495.8 | 1,884.2 | 1,576.6 | 1,426.9 | 1,451.0 | 1,416.3 | 1,272.5 | 1,143.8 | 1,079.8 | 1,080.8 | 980.8 | 924.3 | 883.8 | 728.4 | 712.6 |
| Total Liabilities & Equity | 32,915.1 | 31,996.6 | 31,701.1 | 31,875.9 | 36,689.1 | 32,923.0 | 26,065.8 | 25,463.8 | 24,833.4 | 25,641.4 | 18,120.2 | 17,532.4 | 14,250.4 | 14,287.2 | 13,308.4 | 12,902.8 | 11,115.1 | 11,400.9 | 11,402 | 10,306.9 | 9,698.2 | 9,574 | 8,035.6 | 8,047.4 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 3,002.4 | 2,926.8 | 2,910.2 | 2,851.4 | 3,035.5 | 2,099.2 | 1,853.2 | 1,965.1 | 1,508.9 | 1,826.0 | 1,839.3 | 2,774.3 | 2,303.4 | 2,509.9 | 1,798.3 | 1,480.0 | 768.6 | 1,068.2 | 644.9 | 519.8 | 540.9 | 377.5 | 297.1 | 402 |
| Net Debt | 2,199.2 | (446.1) | 228.1 | 2,009.8 | (1,241.2) | (85.7) | 965.7 | 767.3 | 1,039.8 | 1,059.0 | 1,398.0 | 1,644.4 | 1,717.6 | 1,942.8 | 1,087.9 | 655.8 | 151.8 | 383.0 | (93.8) | (458.4) | (292.4) | (397.4) | (268.7) | (503.2) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | 570.7 | 534.4 | 485.2 | 500.0 | 540.6 | 353.9 | 422.7 | 438.2 | 319.9 | 276.9 | 223.2 | 220.3 | 206.5 | 199.5 | 182.0 | 178.6 | 166.2 | 150.1 | 132.7 | 119.5 | 107.6 | 96.1 | 86.9 |
| Depreciation & Amortization | 38.2 | 54.1 | 49.5 | 46.9 | 44.9 | 43.8 | 41.1 | 38.7 | 39.7 | 40.9 | 59.0 | 67.4 | 71.0 | 54.2 | 43.3 | 38.7 | 46.3 | 36 | 39.6 | 51.3 | 50.1 | 56.1 | 57.4 |
| Stock-Based Compensation | 17.3 | 17.0 | 17.1 | 17.0 | 15.4 | 14.9 | 13.9 | 12.8 | 12.1 | 11.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (27.7) | (17.0) | 45.2 | (38.3) | 11.4 | (10.5) | 23.4 | 10.2 | (32.1) | 2.0 | 16.9 | (21.1) | (1.5) | (18.0) | (2.7) | 5.8 | (11.2) | (2.4) | 8.4 | 9 | 10.9 | (5.3) | (3.3) |
| Other Non-Cash Items | 35.2 | (10.1) | (100.8) | 12.1 | (40.2) | 241.5 | (2.5) | 47.4 | 73.3 | 125.7 | (3.8) | (4.7) | 5.2 | 14.0 | 57.2 | 7.3 | 18.4 | 22.9 | 19 | 31.6 | 23.2 | (3.5) | 14.5 |
| Operating Cash Flow | 645.1 | 577.9 | 488.8 | 559.4 | 597.7 | 624.0 | 512.8 | 552.7 | 426.5 | 455.0 | 293.6 | 264.7 | 269.7 | 262.7 | 273.7 | 227.8 | 211.7 | 216.9 | 216.4 | 214.7 | 195.3 | 136.7 | 150.7 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (52.7) | (46.1) | (88.1) | (65.2) | (56.7) | (33.1) | (42.6) | (33.3) | (30.8) | (24.5) | (64.2) | (31.2) | (36.1) | (54.0) | (78.6) | (49.1) | (69.1) | (30.3) | (27.6) | (26.4) | (25.8) | (19.1) | (16) |
| Acquisitions | 0 | 0 | (6.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (2.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (1,451.3) | (2,678.0) | (246.3) | (2,147.9) | (5,947.9) | (6,991.5) | (1,863.2) | (2,090.3) | (1,853.8) | (1,988.1) | (2,012.5) | (1,570.7) | (2,846.4) | (2,179.3) | (3,662.2) | (1,063.9) | (1,206.9) | (1,788.5) | (1,258.9) | (1,351.7) | (1,354.2) | (821.3) | (947.5) |
| Sales/Maturities of Investments | 1,860.6 | 3,428.7 | 3,077.5 | 2,798.2 | 3,539.9 | 3,276.0 | 1,971.4 | 2,219.8 | 2,692.0 | 2,056.8 | 3,014.4 | 1,704.2 | 1,927.1 | 2,066.0 | 1,849.2 | 1,636.9 | 1,668.5 | 1,481 | 1,683.3 | 1,355.6 | 1,452.8 | 1,338 | 996.3 |
| Other Investing Activities | (871.7) | (220.8) | (552.9) | (342.9) | 381.9 | (1,641.9) | (795.9) | (187.2) | (586.7) | (849.4) | (628.9) | (210.3) | (252.8) | (294.6) | 442.5 | (413.4) | (546.3) | (583.6) | (607.1) | (219.8) | (247.3) | (257.1) | (162.6) |
| Investing Cash Flow | (462.4) | 483.8 | 2,183.8 | 242.3 | (2,082.8) | (5,390.5) | (730.2) | (91.0) | 220.7 | (805.2) | 308.8 | (110.2) | (1,208.3) | (461.9) | (1,449.1) | 110.5 | (153.8) | (921.4) | (210.3) | (242.3) | (174.5) | 240.5 | (129.8) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | 75.6 | (1.3) | (2,258.3) | (2.9) | 11.8 | (1.6) | (6.4) | 6.9 | (100.3) | (1.8) | (707.4) | (206.3) | 663.3 | 318.5 | 688.6 | (299.4) | 423.4 | 114.3 | (21.2) | 163.4 | (8.8) | (0.4) | (0.4) |
| Stock Repurchased | (207.6) | (170.5) | (76.4) | (186.6) | (129.4) | (204.2) | (284.9) | (75.2) | (17.8) | (39.4) | (234.5) | (173.8) | (125.7) | (83.9) | (58.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (150.2) | (145.1) | (134.7) | (127.5) | (122.7) | (127.6) | (122.5) | (109.2) | (100.6) | (96.1) | (63.4) | (61.1) | (51.3) | (42.2) | (40.3) | (37.6) | (36.1) | (33.7) | (30.4) | (27.5) | (26) | (21.1) | (18.4) |
| Other Financing Activities | 271.1 | (56.0) | 1,586.3 | (3,883.8) | 3,814.0 | 6,400.4 | 329.7 | 400.8 | (705.9) | 786.4 | 399.7 | 248.7 | 300.3 | (115.9) | 788.0 | 25.6 | (420.7) | 465.7 | 281.9 | 24.5 | 259 | (280.2) | (12) |
| Financing Cash Flow | (11.0) | (372.9) | (883.1) | (4,200.8) | 3,573.7 | 6,067.0 | (84.1) | 223.3 | (924.5) | 652.6 | (583.0) | (175.0) | 795.3 | 85.4 | 1,384.2 | (406.7) | (111.5) | 464.9 | 138.8 | 86 | 188.3 | (346.2) | (36.8) |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | 171.7 | 688.7 | 1,789.5 | (3,399.2) | 2,088.6 | 1,300.5 | (301.4) | 684.9 | (277.3) | 298.9 | 19.4 | (20.5) | (143.3) | (113.8) | 207.5 | (68.4) | (53.5) | (239.5) | (833.3) | (774.9) | (565.8) | (534.8) | (550.7) |
| Cash at Beginning | 3,376.0 | 2,687.3 | 897.8 | 4,297.0 | 2,208.3 | 907.8 | 1,209.2 | 524.4 | 801.6 | 502.7 | 654.7 | 675.2 | 710.4 | 824.2 | 616.7 | 685.2 | 738.7 | 978.2 | 833.3 | 774.9 | 565.8 | 534.8 | 550.7 |
| Cash at End | 3,547.7 | 3,376.0 | 2,687.3 | 897.8 | 4,297.0 | 2,208.3 | 907.8 | 1,209.2 | 524.4 | 801.6 | 674.1 | 654.7 | 567.1 | 710.4 | 824.2 | 616.7 | 685.2 | 738.7 | 972.1 | 860.9 | 754.1 | 188.6 | 513.9 |
| Free Cash Flow | 592.4 | 531.7 | 400.7 | 494.2 | 541.0 | 590.9 | 470.2 | 519.4 | 395.7 | 430.5 | 229.4 | 231.2 | 233.6 | 208.6 | 195.1 | 178.7 | 142.6 | 186.6 | 188.8 | 188.3 | 169.5 | 117.6 | 134.7 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 2,139.7 | 2,092.9 | 1,969.3 | 1,566.0 | 1,438.7 | 1,389.5 | 1,453.0 | 1,390.1 | 1,263.7 | 1,159.6 | 1,116.9 | 1,098.9 | 1,064.2 | 1,082.4 | 1,101.7 | 1,137.9 | 1,178.6 | 1,225.6 | 1,307.7 | 1,193.9 | 1,038.8 | 937.0 | 919.1 | 933.1 | 1,026.8 | 1,068.7 | 986.8 | 942.5 | 863 | 806.8 | 764.2 | 621.3 | 581.8 |
| Gross Profit | 1,711.7 | 1,630.7 | 1,550.7 | 1,481.2 | 1,492.2 | 1,209.6 | 1,299.2 | 1,282.0 | 1,174.7 | 1,090.2 | 1,060.1 | 1,041.3 | 1,013.0 | 1,017.1 | 998.3 | 954.3 | 863.9 | 859.6 | 866.9 | 849.2 | 814.1 | 793.9 | 763.4 | 746.4 | 707.4 | 702.1 | 666.9 | 604.8 | 546.5 | 500.4 | 474.3 | 429.8 | 394.5 |
| Operating Income | 731.8 | 679.5 | 619.7 | 632.4 | 686.3 | 441.2 | 531.8 | 544.2 | 430.4 | 401.0 | 383.6 | 384.4 | 384.3 | 398.6 | 381.0 | 318.1 | 242.1 | 274.5 | 300.4 | 323.7 | 317.6 | 311.1 | 291.2 | 293.5 | 269.4 | 267.9 | 247.8 | 225.6 | 202.1 | 182.4 | 168.7 | 147.7 | 137.3 |
| Net Income | 566.3 | 526.3 | 477.1 | 488.4 | 530.8 | 354.1 | 421.2 | 433.5 | 319.4 | 275.4 | 263.7 | 261.8 | 261.0 | 269.3 | 256.3 | 221.7 | 169.1 | 188.7 | 206.7 | 219.8 | 223.2 | 220.3 | 206.5 | 199.5 | 182.0 | 178.6 | 166.2 | 150.1 | 132.7 | 119.5 | 107.6 | 96.1 | 86.9 |
| EPS (Diluted) | 4.08 | 3.87 | 3.47 | 3.49 | 3.72 | 2.39 | 2.81 | 2.82 | 2.05 | 1.77 | 1.65 | 1.60 | 1.59 | 1.61 | 1.50 | 1.27 | 1.00 | 1.14 | 1.23 | 1.28 | 1.25 | 1.17 | 1.06 | 0.97 | 0.87 | 0.84 | 0.77 | 0.69 | 0.60 | 0.53 | 0.46 | 0.44 | 0.40 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 803.2 | 3,372.9 | 2,682.2 | 841.6 | 4,276.8 | 2,184.9 | 887.5 | 1,197.8 | 469.1 | 767.0 | 441.2 | 1,129.9 | 585.8 | 567.1 | 710.4 | 824.2 | 616.7 | 685.2 | 738.7 | 978.2 | 833.3 | 774.9 | 565.8 | 905.2 | |||||||||
| Total Assets | 32,915.1 | 31,996.6 | 31,701.1 | 31,875.9 | 36,689.1 | 32,923.0 | 26,065.8 | 25,463.8 | 24,833.4 | 25,641.4 | 18,120.2 | 17,532.4 | 14,250.4 | 14,287.2 | 13,308.4 | 12,902.8 | 11,115.1 | 11,400.9 | 11,402 | 10,306.9 | 9,698.2 | 9,574 | 8,035.6 | 8,047.4 | |||||||||
| Total Debt | 3,002.4 | 2,926.8 | 2,910.2 | 2,851.4 | 3,035.5 | 2,099.2 | 1,853.2 | 1,965.1 | 1,508.9 | 1,826.0 | 1,839.3 | 2,774.3 | 2,303.4 | 2,509.9 | 1,798.3 | 1,480.0 | 768.6 | 1,068.2 | 644.9 | 519.8 | 540.9 | 377.5 | 297.1 | 402 | |||||||||
| Stockholders' Equity | 3,791.4 | 3,309.9 | 2,944.1 | 2,465.3 | 3,437.3 | 3,397.0 | 3,134.7 | 2,931.3 | 2,716.6 | 2,495.8 | 1,884.2 | 1,576.6 | 1,426.9 | 1,451.0 | 1,416.3 | 1,272.5 | 1,143.8 | 1,079.8 | 1,080.8 | 980.8 | 924.3 | 883.8 | 728.4 | 712.6 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 645.1 | 577.9 | 488.8 | 559.4 | 597.7 | 624.0 | 512.8 | 552.7 | 426.5 | 455.0 | 293.6 | 264.7 | 269.7 | 262.7 | 273.7 | 227.8 | 211.7 | 216.9 | 216.4 | 214.7 | 195.3 | 136.7 | 150.7 | ||||||||||
| Capital Expenditure | (52.7) | (46.1) | (88.1) | (65.2) | (56.7) | (33.1) | (42.6) | (33.3) | (30.8) | (24.5) | (64.2) | (31.2) | (36.1) | (54.0) | (78.6) | (49.1) | (69.1) | (30.3) | (27.6) | (26.4) | (25.8) | (19.1) | (16) | ||||||||||
| Free Cash Flow | 592.4 | 531.7 | 400.7 | 494.2 | 541.0 | 590.9 | 470.2 | 519.4 | 395.7 | 430.5 | 229.4 | 231.2 | 233.6 | 208.6 | 195.1 | 178.7 | 142.6 | 186.6 | 188.8 | 188.3 | 169.5 | 117.6 | 134.7 | ||||||||||