Canadian Imperial Bank of Commerce logo CM - Canadian Imperial Bank of Commerce

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 4
HOLD 9
SELL 2
STRONG
SELL
0
| PRICE TARGET: $106.62 DETAILS
HIGH: $127.32
LOW: $70.00
MEDIAN: $122.55
CONSENSUS: $106.62
DOWNSIDE: 7.68%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4
Revenue
Revenue 15,839.9 15,512 15,266 15,057 16,170 16,196 16,499 15,631 15,690 15,109 14,232 13,161 12,988 10,374 8,109 6,515 6,294 5,810 5,811 5,742 5,879 5,596 5,792 6,494 7,258 7,219 7,270 7,077 7,058 6,683 6,488 6,097 5,922 5,604 5,214 4,734 4,937 4,651 4,638 4,457 4,252 4,343 4,217 4,431 4,196 4,203 4,077 4,549 4,202 4,308 4,167 4,260 4,236 4,256 4,210 4,268 4,053 4,393 4,239 4,372 4,106 3,613 3,540 3,718 3,580 3,660 3,109 3,484 3,850.7 3,891 2,395 2,330.3 5,943.9 5,864.1 5,739.3 5,743.7 5,410.9 5,139.7 4,842.0 4,773.6 5,151.8 4,813.3 4,326.2 4,500.1 4,180.2 4,098.5 4,236.9 4,188.7 4,196.7 4,089.9 4,066.4 4,328.1 4,610.3 5,531.3 5,961.6 5,977.4 5,998.8 5,890.1 5,215.6 4,850.0
Cost of Revenue 8,074.7 8,567 8,600 8,676 9,491 10,017 10,398 10,006 10,070 9,801 9,119 7,934 7,350 5,443 2,807 1,367 884 835 668 858 1,079 1,299 1,634 3,352 2,682 2,878 2,868 2,820 2,866 2,433 2,220 1,965 1,664 1,590 1,351 1,242 1,262 1,227 1,198 1,229 1,008 1,055 1,074 1,202 1,212 1,193 1,295 1,255 1,336 1,419 1,337 1,386 1,449 1,454 1,458 1,511 1,142 1,572 1,469 1,561 1,001 985 935 1,016 1,114 1,350 1,342 1,746 1,892.2 2,189 2,445 3,023.1 3,130.2 3,046.5 2,855.2 2,796.0 2,615.4 2,460.7 2,213.9 2,091.5 1,898.9 1,861.1 1,665.0 1,600.1 1,419.3 1,282.8 1,393.1 1,380.4 1,431.0 1,603.9 1,856.1 1,748.5 2,371.1 3,046.7 3,237.9 3,586.0 3,182.2 2,852.5 2,623.0 2,660.1
Gross Profit 7,765.2 6,945 6,666 6,381 6,679 6,179 6,101 5,625 5,620 5,308 5,113 5,227 5,638 4,931 5,302 5,148 5,410 4,975 5,143 4,884 4,800 4,297 4,158 3,142 4,576 4,341 4,402 4,257 4,192 4,250 4,268 4,132 4,258 4,014 3,863 3,492 3,675 3,424 3,440 3,228 3,244 3,288 3,143 3,229 2,984 3,010 2,782 3,294 2,866 2,889 2,830 2,874 2,787 2,802 2,752 2,757 2,911 2,821 2,770 2,811 3,105 2,628 2,605 2,702 2,466 2,310 1,767 1,738 1,958.5 1,702 (50) (692.8) 2,813.7 2,817.6 2,884.1 2,947.7 2,795.5 2,679.0 2,628.1 2,682.1 3,252.9 2,952.1 2,661.2 2,900.0 2,760.9 2,815.7 2,843.8 2,808.4 2,765.7 2,486.0 2,210.3 2,579.6 2,239.3 2,484.6 2,723.7 2,391.4 2,816.6 3,037.6 2,592.6 2,189.8
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 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 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 2,731 2,478 2,474 2,347 2,365 2,310 2,173 2,095 2,027 1,977 1,964 1,931 1,982 1,998 1,857 1,826 1,810 1,756 1,674 1,648 1,609 1,442 1,563 1,551 1,974 1,531 1,562 1,511 1,481 1,448 1,520 1,491 1,533 1,405 1,400 1,312 1,363 1,369 1,340 1,262 1,459 1,301 1,248 1,372 1,245 1,246 1,205 1,225 1,095 1,157 1,107 1,147 1,070 1,099 1,046 1,062 135 1,405 1,330 1,391 244 1,357 1,311 1,292 82 1,238 1,218 1,245 1,030.6 1,279 1,270 1,047.2 1,077.3 1,158.6 1,191.3 1,211.1 1,131.8 1,142.7 1,107.5 1,126.5 1,205.5 1,135.1 1,123.4 1,118.8 1,125.2 1,128.4 1,245.0 1,168.6 1,152.0 1,129.9 1,161.8 1,474.0 1,238.4 1,199.3 1,271.2 1,332.3 1,251.5 1,349.2 1,267.4 1,310.1
Other Expenses 1,527.7 1,675 1,473 1,436 1,484 1,462 1,489 1,381 1,422 1,468 1,340 1,170 2,484 1,464 1,300 1,363 1,200 1,368 1,232 1,092 1,101 1,437 1,114 1,129 1,073 1,278 1,069 1,047 1,244 1,205 1,014 994 997 1,139 1,020 936 589 943 425 901 883 835 802 780 803 648 1,152 632 774 681 689 815 715 702 694 667 1,731 600 426 414 1,617 384 367 456 1,589 461 421 408 773.3 446 518 717.9 807.5 667.7 794.2 736.0 729.1 750.1 745.8 737.4 882.7 3,830.0 921.9 791.4 1,150.5 841.0 829.6 775.5 888.6 915.1 1,528.3 839.0 1,065.8 698.7 733.0 705.7 762.5 762.7 713.3 1,008.8
Operating Expenses 4,258.7 4,153 3,947 3,783 3,849 3,772 3,662 3,476 3,449 3,445 3,304 3,101 4,466 3,462 3,157 3,189 3,010 3,124 2,906 2,740 2,710 2,879 2,677 2,680 3,047 2,809 2,631 2,558 2,725 2,653 2,534 2,485 2,530 2,544 2,420 2,248 1,952 2,312 1,765 2,163 2,342 2,136 2,050 2,152 2,048 1,894 2,357 1,857 1,869 1,838 1,796 1,962 1,785 1,801 1,740 1,729 1,866 2,005 1,756 1,805 1,861 1,741 1,678 1,748 1,671 1,699 1,639 1,653 1,803.9 1,725 1,788 1,765.1 1,884.8 1,826.2 1,985.6 1,947.1 1,860.9 1,892.7 1,853.3 1,863.9 2,088.3 4,965.1 2,045.3 1,910.2 2,275.7 1,969.4 2,074.6 1,944.2 2,040.6 2,045.0 2,690.0 2,313 2,304.3 1,898.0 2,004.2 2,038.0 2,014.0 2,112.0 1,980.6 2,318.9
Operating Income
Operating Income 3,506.5 2,792 2,719 2,598 2,830 2,407 2,439 2,149 2,171 1,863 1,809 2,126 1,172 1,469 2,145 1,959 2,400 1,851 2,237 2,144 2,090 1,418 1,481 462 1,529 1,532 1,771 1,699 1,467 1,597 1,734 1,647 1,728 1,470 1,443 1,244 1,723 1,112 1,675 1,065 902 1,152 1,093 1,077 936 1,116 425 1,437 997 1,051 1,034 912 1,002 1,001 1,012 1,028 1,045 816 1,014 1,006 1,244 887 927 954 795 611 128 85 154.6 (23) (1,838) (2,457.8) 928.8 991.4 898.5 1,000.6 934.6 786.3 774.8 818.2 1,164.6 (2,013.0) 615.9 989.8 485.2 846.3 769.2 864.2 725.1 441.1 (479.7) 266.6 (65.0) 586.6 719.5 353.4 802.6 925.7 612.0 (129.1)
Interest Expense 7,505.8 7,962 8,041 8,071 8,918 9,598 9,915 9,492 9,485 9,260 8,383 7,496 7,055 5,007 2,564 1,158 809 757 767 826 932 1,008 1,109 1,940 2,421 2,476 2,577 2,565 2,528 2,197 1,979 1,753 1,511 1,361 1,142 1,063 1,050 1,005 955 905 810 866 877 1,015 1,018 998 965 1,037 1,065 1,099 1,072 1,121 1,121 1,137 1,150 1,173 899 1,262 1,224 1,278 851 764 619 657 690 803 948 1,462 1,682.9 1,986 2,269 2,851.4 2,998.3 2,884.7 2,688.9 2,652.6 2,523.3 2,309.1 2,075.5 1,925.4 1,729.1 1,661.6 1,506.3 1,421.5 1,243.8 1,192.3 1,186.1 1,225.5 1,299.5 1,356.2 1,575.4 1,358.0 1,968.5 2,793.3 3,047.5 3,021.6 2,963.7 2,560.7 2,479.7 2,450.1
Interest Income 11,820.6 12,094 12,089 11,859 12,719 13,231 13,447 12,773 12,734 12,457 11,619 10,683 10,260 8,192 5,800 4,246 3,941 3,737 3,660 3,573 3,771 3,800 3,838 4,702 5,182 5,277 5,271 5,025 5,124 4,736 4,556 4,229 3,984 3,825 3,418 3,158 3,192 3,115 3,068 2,942 2,853 2,887 2,772 2,971 2,899 2,873 2,763 2,942 2,959 2,982 2,894 2,976 2,969 3,020 2,903 3,015 2,504 3,047 2,955 3,048 2,496 2,312 2,116 2,171 2,109 2,172 2,221 2,795 2,969.6 3,313 3,618 4,005.0 4,237.9 4,064.5 3,768.2 3,711.9 3,653.7 3,430.3 3,111.5 3,073.5 2,900.8 2,881.1 2,730.5 2,743.7 2,515.1 2,512.3 2,484.6 2,660.1 2,725.8 2,719.5 3,000.8 2,673.7 3,281.5 3,859.0 4,042.9 4,031.4 4,025.0 3,640.4 3,602.4 3,580.0
Profitability
EBITDA 3,730.9 3,116 3,006 2,879 3,116 2,696 2,756 2,437 2,447 2,173 2,083 2,408 1,449 1,747 2,405 2,215 2,653 2,138 2,481 2,393 2,327 1,954 1,730 742 1,775 1,844 1,948 1,877 1,638 1,759 1,901 1,809 1,894 1,622 1,586 1,371 1,843 1,241 1,790 1,177 1,011 1,264 1,203 1,181 1,032 1,217 946 1,532 1,095 1,142 1,120 994 1,085 1,092 1,104 1,119 1,137 1,104 1,103 1,095 1,340 978 1,021 1,048 897 709 228 188 211.6 38 (1,777.2) (2,395.6) 989.7 1,054.4 969.6 1,058.2 993.1 843.3 832.8 879.6 1,221.2 (1,958.6) 673.4 1,046.9 554.0 915.3 845.7 930.4 (196.8) 515.5 (387.6) 359.8 26.1 673.3 809.5 353.4 802.6 925.7 710.4 (129.1)
EBIT 3,429.4 2,792 2,719 2,598 2,830 2,407 2,439 2,149 2,171 1,863 1,809 2,126 1,172 1,469 2,145 1,959 2,400 1,851 2,237 2,144 2,090 1,418 1,481 462 1,529 1,532 1,771 1,699 1,467 1,597 1,734 1,647 1,728 1,470 1,443 1,244 1,723 1,112 1,675 1,065 902 1,152 1,093 1,077 936 1,116 425 1,437 997 1,051 1,034 912 1,002 1,001 1,012 1,028 1,045 816 1,014 1,006 1,244 887 927 954 795 611 128 85 154.6 (23) (1,838) (2,457.8) 928.8 991.4 898.5 1,000.6 934.6 786.3 774.8 818.2 1,164.6 (2,013.0) 615.9 989.8 485.2 846.3 769.2 864.2 725.1 441.1 (479.7) 266.6 (65.0) 586.6 719.5 353.4 802.6 925.7 612.0 (129.1)
Income Before Tax 3,429.4 2,792 2,719 2,598 2,830 2,407 2,439 2,149 2,171 1,863 1,809 2,126 1,172 1,469 2,145 1,959 2,400 1,851 2,237 2,144 2,090 1,418 1,481 462 1,529 1,532 1,771 1,699 1,467 1,597 1,734 1,647 1,728 1,470 1,443 1,244 1,723 1,112 1,675 1,065 902 1,152 1,093 1,077 936 1,116 425 1,437 997 1,051 1,034 912 1,002 1,001 1,012 1,028 1,045 816 1,014 1,006 1,244 887 927 954 795 611 128 85 154.6 (23) (1,838) (2,457.8) 928.8 991.4 898.5 1,000.6 934.6 786.3 774.8 818.2 1,164.6 (2,013.0) 615.9 989.8 485.2 846.3 769.2 864.2 725.1 441.1 (479.7) 266.6 (65.0) 586.6 719.5 353.4 802.6 925.7 612.0 (129.1)
Income Tax Expense 401.6 612 623 591 659 525 644 400 443 380 377 437 739 284 479 436 531 411 507 493 465 402 309 70 317 339 373 351 285 329 365 328 400 306 346 194 316 181 234 124 124 174 182 154 125 195 119 260 161 173 172 127 150 160 201 193 249 225 247 243 742 244 261 286 145 172 174 (67) (340.2) (101) (731) (1,002.0) 44.9 156.5 91.0 230.5 86.8 124.4 189.8 237.8 436.1 (106.5) 176.3 282.8 46.2 250.2 238.6 255.4 216.2 121.7 (378.6) 31.4 (307.0) 118.2 203.9 28.8 199.2 250.3 160.6 (137.0)
Net Income 3,097.9 2,174 2,094 1,998 2,163 1,874 1,786 1,739 1,716 1,475 1,422 1,678 424 1,178 1,660 1,518 1,864 1,436 1,725 1,647 1,621 1,015 1,170 400 1,205 1,185 1,392 1,341 1,178 1,266 1,365 1,313 1,323 1,159 1,093 1,045 1,402 927 1,435 936 776 973 907 920 809 918 317 1,174 843 877 860 783 850 839 810 832 794 589 764 760 500 640 660 652 644 434 (51) 147 494.9 71 (1,111) (1,455.8) 883.9 834.8 807.5 770.1 818.9 661.8 585.0 580.3 728.5 (1,906.5) 439.5 707.0 439.0 596.1 530.6 608.8 508.9 319.3 (101.1) 235.2 242.0 468.4 515.7 324.6 603.4 675.4 451.4 7.9
Per Share Data
EPS (Basic) 3.23 2.22 2.16 2.05 2.20 1.92 1.83 1.79 1.77 1.53 1.48 1.77 0.39 1.26 1.79 1.63 2.02 1.54 1.88 1.78 1.78 1.11 1.28 0.42 1.32 1.30 1.54 1.48 1.31 1.41 1.51 1.45 1.48 1.30 1.31 1.30 1.75 1.16 1.81 1.18 0.97 1.21 1.13 1.14 1.00 1.13 0.37 1.44 1.05 1.07 1.05 0.94 1.01 1.00 0.95 0.97 0.98 0.68 0.92 0.91 0.64 0.77 0.80 0.80 0.84 0.51 -0.12 0.14 0.65 0.06 -1.50 -2.20 1.31 1.17 1.14 1.07 1.21 0.94 0.83 0.82 1.08 -2.89 0.61 0.98 0.62 0.81 0.68 0.78 0.70 0.38 -0.14 0.27 0.30 0.58 0.65 0.41 0.74 0.82 0.53 0.01
EPS (Diluted) 3.21 2.20 2.15 2.04 2.19 1.91 1.82 1.79 1.77 1.53 1.47 1.76 0.39 1.26 1.78 1.62 2.01 1.54 1.88 1.78 1.78 1.10 1.27 0.42 1.32 1.29 1.53 1.48 1.30 1.40 1.51 1.45 1.48 1.30 1.30 1.30 1.75 1.16 1.81 1.18 0.97 1.21 1.13 1.14 0.99 1.13 0.37 1.44 1.05 1.07 1.05 0.94 1.01 1.00 0.95 0.97 0.98 0.67 0.90 0.90 0.64 0.77 0.80 0.79 0.84 0.51 -0.12 0.14 0.65 0.06 -1.50 -2.20 1.31 1.16 1.13 1.06 1.21 0.93 0.82 0.81 1.08 -2.89 0.60 0.97 0.62 0.80 0.67 0.77 0.70 0.38 -0.14 0.27 0.30 0.57 0.63 0.41 0.72 0.80 0.51 0.01
Shares Outstanding 678.6 988.1 932.3 938.5 942.0 986.4 943.5 937.8 931.8 965.3 918.6 912.3 906.8 934.7 903.7 902.5 901.9 900.9 899.2 896.9 894.6 892.6 890.8 889.5 890.5 890.7 889.7 888.1 886.1 886.0 888.2 888.3 882.2 874.2 831.1 799.6 795.3 790.4 789.5 789.4 794.5 794.5 794.4 794.2 794.0 794.4 795.5 797.1 823.9 799.9 800.8 806.7 813.0 810.3 806.1 802.2 798.3 794.5 790.7 786.4 782.2 777.6 773.7 768.9 765.6 763.2 762.8 761.8 761.7 761.8 761.5 677.5 669.7 671.5 674.6 723.1 671.1 669.2 670.3 668.7 667.6 673.0 680.7 692.5 698.2 708.0 717.8 719.5 729 719.0 707.9 721.6 805.4 750.5 754.1 761.6 769.1 778.8 801.6 800.0
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2001 Q3 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1
Current Assets
Cash & Cash Equivalents 11,014.3 55,748 55,187 49,586 47,811 56,031 47,849 49,143 46,520 63,170 40,412 53,291 51,469 73,328 45,334 48,020 43,350 69,270 50,296 47,197 63,293 71,671 68,422 55,471 20,731 22,830 16,699 14,407 16,572 20,688 17,801 17,035 15,240 15,655 19,917 14,403 15,389 15,181 13,128 11,455 7,936 8,290 8,149 8,301 1,333 16,943.9 13,537.6 11,496.8 10,453.6 8,293.0 9,160.6 9,512.5 12,845.6 11,422.0 12,435.5 10,781.0 10,679.3 13,803.5 18,042.1 11,254.9 12,527.0 10,791.0 37,669.0 9,329.1 10,795.0 10,312.9 11,630.1 12,453.9 7,412.9 7,417.0 8,090.1 6,693.9 0 0 0 0
Short-Term Investments 0 37,062 84,093 83,031 79,761 37,221 77,252 69,562 69,071 61,331 60,945 58,945 57,672 56,099 56,606 57,256 52,881 53,997 51,759 49,429 51,943 54,553 53,517 50,119 44,738 46,798 43,869 41,667 41,368 36,210 40,653 38,842 35,258 40,157 0 35,638 33,444 37,253 35,534 33,146 0 0 40,160 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
Net Receivables 0 16,911 0 0 0 15,129 0 0 0 13,928 0 0 0 19,757 0 0 0 10,405 0 0 0 8,987 0 0 0 11,900 0 0 0 10,406 0 0 0 8,666 0 0 0 9,078 0 0 0 0 8,396 0 0 0 0 0 1,090.6 0 0 1,423.7 0 0 0 0 1,568.7 0 0 0 1,236.0 0 0 0 1,979.0 0 0 0 0 1,072.0 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 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 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 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 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 11,014.3 110,316 139,280 132,617 127,572 108,969 125,101 118,705 115,591 139,036 101,357 112,236 109,141 149,836 101,940 105,276 96,231 134,254 102,055 96,626 115,236 135,768 121,939 105,590 65,469 82,273 60,568 56,074 57,940 67,989 58,454 55,877 50,498 65,175 19,917 50,041 48,833 62,210 48,662 44,601 7,936 8,290 57,453 8,301 1,333 16,943.9 13,537.6 11,496.8 11,544.2 8,293.0 9,160.6 10,936.1 12,845.6 11,422.0 12,435.5 10,781.0 12,247.9 13,803.5 18,042.1 11,254.9 13,763.0 10,791.0 37,669.0 9,329.1 12,774.0 10,312.9 11,630.1 12,453.9 7,412.9 8,488.9 8,090.1 6,693.9 0 0 0 0
Non-Current Assets
Property, Plant & Equipment 3,434.4 3,443 3,274 3,277 3,359 3,359 3,261 3,256 3,274 3,251 3,214 3,307 3,314 3,377 3,286 3,357 3,325 3,286 3,133 2,826 2,932 2,997 3,023 3,064 3,087 1,813 1,771 1,786 1,783 1,795 1,733 1,746 1,735 1,783 1,762 1,796 1,752 1,898 1,859 1,832 1,581 1,624 1,618 1,653 2,418 2,081.8 2,099.3 2,124.1 2,092.8 2,039.2 2,089.4 2,247.7 2,338.9 1,564.2 1,544.8 1,541.0 1,507.8 1,553.2 1,553.6 2,194.0 2,213.0 0 2,244.1 2,236.0 2,201.0 2,136.1 2,152.0 2,124.9 2,071.0 2,024.0 0 0 1,983 1,995 0 0
Goodwill 5,354.4 5,475 5,422 5,400 5,635 5,443 5,406 5,393 5,292 5,425 5,211 5,325 5,248 5,348 5,090 5,103 5,060 4,954 4,986 4,928 5,084 5,253 5,497 5,671 5,470 5,449 5,575 5,643 5,555 5,564 5,510 5,452 5,267 5,367 5,101 1,549 1,523 1,539 1,525 1,504 1,904 1,954 1,997 2,099 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 2,871.5 2,894 2,830 2,813 2,809 2,830 2,728 2,751 2,742 2,742 2,710 2,676 2,622 2,592 2,478 2,371 2,070 2,029 1,949 1,944 1,942 1,961 1,948 1,968 1,946 1,969 1,918 1,929 1,920 1,945 1,921 1,923 1,920 1,978 1,822 1,454 1,428 1,410 1,340 1,289 596 635 669 695 0 0 0 0 1,090.6 0 0 1,423.7 0 0 0 0 1,568.7 0 0 0 1,236.0 0 0 0 1,979.0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 1,041,785.6 874,827 807,926 801,885 804,768 816,547 761,609 739,741 717,929 717,168 707,484 694,497 683,201 683,603 664,890 655,816 635,477 598,744 582,010 565,965 547,510 538,203 543,060 539,270 505,334 489,849 488,528 487,505 466,129 460,446 452,911 454,640 448,518 385,844 418,625 350,069 340,316 337,891 330,089 323,064 227,892 255,866 216,364 261,998 231,298 183,387.3 154,298.6 152,751.5 152,153.5 153,938.1 158,569.0 157,732.1 166,091.8 153,990.8 146,231.6 145,807.2 142,465.7 140,243.8 138,656.7 134,153.1 130,630.0 179,510.1 127,379.9 128,428.0 128,871.0 214,519.0 210,594.0 222,822.9 190,740.9 196,116.1 189,134.0 180,963.1 0 0 0 0
Other Non-Current Assets 69,022.6 118,956 142,590 143,368 141,676 107,933 126,602 135,141 130,269 111,323 126,121 120,029 120,840 101,434 121,610 124,748 122,052 96,863 114,425 113,356 113,169 88,259 95,753 106,089 92,199 71,649 85,389 82,389 82,414 60,398 75,602 71,913 80,008 106,008 114,571 124,618 120,443 97,329 112,006 106,915 98,094 70,834 58,168 74,310 118,194 135,557.4 112,912.4 117,269.7 110,056.7 114,234.6 111,881.1 101,001.6 123,239.9 112,237.0 122,486.2 117,306.3 112,488.6 111,325.8 109,182.5 109,458.0 103,590.0 71,482.8 102,329.1 134,475.9 137,412.1 47,731.1 40,001.9 45,298.2 37,764.3 33,784.0 30,268.9 31,006.1 (1,983) (1,995) 0 0
Total Non-Current Assets 1,123,346.9 1,006,622 962,975 957,526 954,892 933,016 896,306 883,053 856,076 836,654 841,644 823,003 812,850 793,761 794,850 788,872 765,433 703,429 704,012 686,252 667,672 633,783 646,606 653,546 606,649 569,331 581,954 578,035 556,707 529,110 536,571 534,660 536,429 500,089 540,995 478,550 464,461 439,147 445,828 433,543 328,065 328,949 278,491 339,062 352,482 321,937.0 270,637.6 273,438.3 265,603.3 271,543.7 273,892.9 262,356.7 291,814.7 266,541.3 269,012.6 263,404.3 255,453.9 253,122.8 249,392.8 245,805.1 236,568.0 250,992.9 231,953.0 265,139.9 268,656.0 264,386.1 252,747.9 270,246.1 230,058.2 231,473.1 219,403.0 211,969.1 0 (1) 0 0
Total Assets 1,134,361.2 1,116,938 1,102,255 1,090,143 1,082,464 1,041,985 1,021,407 1,001,758 971,667 975,690 943,001 935,239 921,991 943,597 896,790 894,148 861,664 837,683 806,067 782,878 782,908 769,551 768,545 759,136 672,118 651,604 642,522 634,109 614,647 597,099 595,025 590,537 586,927 565,264 560,912 528,591 513,294 501,357 494,490 478,144 336,001 337,239 335,944 347,363 353,815 338,880.8 284,175.2 284,935.2 277,147.6 279,836.7 283,053.5 273,292.8 304,660.3 277,963.3 281,448.1 274,185.3 267,701.8 266,926.3 267,434.8 257,060.0 250,331.0 261,783.9 269,622.0 274,469.0 281,430.0 274,699.0 264,378.0 282,700.0 237,989.0 240,413.0 227,493.0 218,663.0 210,232 199,617 191,710 192,531
Current Liabilities
Account Payables 0 14,026 0 0 0 14,135 0 0 0 13,241 0 0 0 11,234 0 0 0 8,849 0 0 0 8,656 0 0 0 8,440 0 0 0 7,267 0 0 0 4,947 0 0 0 4,141 0 0 0 0 6,178 0 0 0 0 0 1,062.9 0 0 1,437.7 0 0 0 0 2,602.8 0 0 0 2,352.9 0 0 0 2,985.0 0 0 0 0 1,817.0 0 0 0 0 0 0
Short-Term Debt 152,646.1 214,947 235,150 221,402 211,889 193,550 188,446 176,688 164,564 164,774 163,273 151,229 134,858 157,380 154,596 151,256 152,596 148,114 142,379 136,183 139,122 136,587 140,232 158,715 129,725 122,627 119,807 123,586 110,617 100,524 32,985 38,373 33,729 102,090 22,553 24,160 15,046 81,722 10,638 14,419 43,410 56,239 51,766 44,218 44,606 48,079.0 32,070.5 32,379.6 30,952.1 25,155.4 24,533.2 18,051.4 31,453.7 39,841.0 38,720.8 30,367.3 28,199.8 29,936.1 30,509.5 30,130.1 29,253.1 41,526.9 46,247.0 44,024.0 50,217.9 50,474.1 51,760.1 60,607.0 43,932.0 52,213.0 48,366.0 44,183.0 0 0 0 0
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 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 0 0 0 0 0 0
Other Current Liabilities 0 614,407 597,615 597,758 592,479 585,471 582,297 572,800 562,840 554,025 533,899 538,201 547,115 531,694 487,988 501,010 497,667 485,313 468,684 451,791 455,960 447,596 431,742 403,921 369,229 359,801 354,723 349,308 342,471 331,329 426,681 420,060 418,713 317,223 411,961 388,473 384,871 276,467 359,441 341,189 226,793 224,269 229,033 221,912 226,383 230,207.6 195,636.9 193,213.3 188,130.0 192,985.8 198,281.6 196,630.8 214,570.1 184,737.0 187,730.3 188,757.3 179,633.0 177,556.5 176,965.3 167,434.0 160,041.0 160,314.9 160,081.0 162,084.0 159,875.0 159,559.9 154,111.0 159,274.1 138,898.0 137,236.9 134,563.9 130,301.0 197,602 186,429 178,866 180,024
Total Current Liabilities 152,646.1 848,453 832,765 819,160 804,368 797,055 770,743 749,488 727,404 734,620 697,172 689,430 681,973 703,045 642,584 652,266 650,263 651,899 611,063 587,974 595,082 595,013 571,974 562,636 498,954 493,149 474,530 472,894 453,088 441,423 459,666 458,433 452,442 426,345 434,514 412,633 399,917 362,330 370,079 355,608 270,203 280,508 290,117 266,130 270,989.0 278,286.7 227,707.4 225,592.9 220,145.1 218,141.2 222,814.8 216,119.9 246,023.8 224,578.0 226,451.2 219,124.6 210,435.6 207,492.6 207,474.8 197,564.1 191,647.0 201,841.9 206,327.9 206,108.0 213,077.9 210,034.0 205,871.0 219,881.0 182,830.0 191,266.9 182,929.9 174,484.0 197,602 186,429 178,866 180,024
Non-Current Liabilities
Long-Term Debt 21,675.1 140,875 134,092 127,613 133,720 125,096 119,565 114,717 114,732 116,844 113,400 115,844 109,135 107,245 126,103 105,319 96,670 87,940 84,007 80,631 79,536 79,885 81,184 80,686 78,206 75,404 75,774 72,513 73,697 77,864 49,269 47,329 45,857 65,286 43,173 41,053 39,956 62,856 42,965 40,500 6,063 5,119 5,157 6,612 6,728 6,170.8 3,145.5 3,201.4 3,196.6 3,697.6 3,841.2 3,627.7 3,862.2 4,337.9 4,411.9 4,381.7 4,409.1 4,451.5 4,426.8 4,392.1 4,494.0 4,407.0 4,474.0 4,541.0 3,155.0 5,494.0 5,420.0 5,099.0 4,894.0 4,426.1 4,426.0 4,086.9 3,892 4,143 4,025 3,842
Deferred Tax Liabilities 52.1 47 47 49 50 49 42 37 38 40 42 47 59 45 104 121 44 38 35 35 35 33 34 36 35 38 38 40 41 43 31 32 32 30 30 20 22 21 24 27 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 894,272.6 63,150 72,475 81,375 82,695 56,319 73,274 81,860 75,167 67,642 80,996 78,412 80,916 76,961 79,175 88,495 67,395 51,976 66,677 71,558 66,326 46,647 75,254 75,525 55,693 40,610 54,170 51,449 51,738 38,535 51,505 51,197 56,274 38,706 53,173 49,009 48,673 49,627 58,701 60,237 44,757 36,727 26,221 60,629 62,237.0 40,878.5 39,184.1 42,058.0 40,027.7 45,069.5 43,575.1 41,213.4 42,185.3 36,954.1 38,527.3 38,748.3 41,488.0 42,737.8 43,757.4 43,427.8 43,131.8 44,150.0 47,360.0 52,396.0 54,061.1 47,911.0 41,944.9 46,945.1 40,018.2 34,524.1 30,208.2 30,789.1 0 0 0 0
Total Non-Current Liabilities 915,999.7 204,072 206,614 209,037 216,465 181,464 192,881 196,614 189,937 184,526 194,438 194,303 190,110 184,251 205,382 193,935 164,109 139,954 150,719 152,224 145,897 128,431 156,472 156,247 133,934 116,052 129,982 124,002 125,476 116,442 100,805 98,558 102,163 104,022 96,376 90,082 88,651 112,504 101,690 100,764 50,820 41,846 31,378 67,241 68,965.0 47,049.3 42,329.6 45,259.4 43,224.3 48,767.0 47,416.4 44,841.1 46,047.5 41,292.0 42,939.2 43,130.0 45,897.0 47,189.4 48,184.2 47,819.9 47,625.9 48,557.0 51,834.0 56,937 57,216.1 53,405.0 47,364.9 52,044.1 44,912.1 38,950.1 34,634.2 34,876.0 3,892 4,143 4,025 3,842
Total Liabilities 1,068,645.8 1,052,525 1,039,379 1,028,197 1,020,833 982,978 963,624 946,102 917,341 922,527 891,610 883,733 872,083 893,215 847,966 846,201 814,372 791,853 761,782 740,198 740,979 728,216 728,446 718,883 632,888 613,024 604,512 596,896 578,564 561,983 560,471 556,991 554,605 534,027 530,890 502,715 488,568 477,684 471,769 456,372 321,023 322,354 321,495 333,371 339,954 325,336.0 270,037.0 270,852.3 263,369.4 266,908.2 270,231.1 260,961.1 292,071.3 265,870.0 269,390.4 262,254.5 256,332.6 254,681.9 255,659.1 245,384.0 239,272.9 250,398.9 258,161.9 263,045.0 270,294.0 263,439.0 253,235.9 271,925.1 227,742.1 230,217.0 217,564.1 209,360.0 201,494 190,572 182,891 183,866
Stockholders' Equity
Common Stock 16,821.5 17,179 16,867 16,929 17,027 17,011 16,919 16,813 16,447 16,082 15,742 15,389 15,046 14,726 14,643 14,545 14,457 14,351 14,252 14,130 13,991 13,908 13,800 13,722 13,669 13,591 13,525 13,443 13,350 13,243 13,201 13,166 13,070 12,548 12,197 8,509 8,286 8,026 7,806 7,792 6,508 6,371 6,240 6,090 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 3,055 3,052 3,048 3,068
Retained Earnings 37,651.2 36,471 35,655 34,984 34,366 33,471 32,844 31,990 31,162 30,352 29,796 29,240 28,403 28,823 28,439 27,567 26,807 25,793 25,055 24,003 23,060 22,119 21,726 21,238 21,543 20,972 20,535 19,793 19,101 18,537 18,051 17,412 16,701 16,101 15,535 15,011 14,483 13,584 13,145 12,197 5,713 5,432 5,156 4,826 5,257 8,449.6 7,804.7 7,862.6 7,420.5 6,729.2 6,621.0 6,376.9 6,639.7 6,951.1 6,885.7 6,790.6 6,625.0 6,805.9 6,365.5 6,213.0 6,090.0 6,368.9 6,207.0 6,105.0 6,047.1 6,183.1 6,100.9 5,836.0 5,624.0 5,368.0 5,102.1 4,851.1 4,615 4,426 4,209 4,030
Accumulated Other Comprehensive Income 3,350.3 8,554 3,233 3,655 4,442 3,148 2,689 1,394 1,449 1,463 609 1,619 1,216 1,594 1,115 1,202 1,398 1,069 1,109 683 1,007 1,435 1,447 2,165 879 881 815 1,094 752 777 746 403 (17) 452 167 1,083 698 790 509 522 (662) (340) (369) (360) (390) (587.8) (119.3) (120.4) 50.1 41.5 33.5 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 Stockholders' Equity 65,425.9 64,129 62,599 61,666 61,342 58,735 57,529 55,409 54,091 52,931 51,175 51,291 49,705 50,181 48,629 47,754 47,103 45,648 44,108 42,510 41,752 41,154 39,920 40,069 39,039 38,394 37,828 37,030 35,909 34,943 34,381 33,366 32,135 31,035 29,832 25,668 24,532 23,472 22,533 21,585 14,810 14,714 14,275 13,817 13,672.0 13,389.4 14,138.2 14,082.8 13,778.2 12,928.5 12,822.4 12,331.8 12,589.1 12,093.3 12,057.7 11,930.7 11,369.2 12,019.9 11,553.6 11,467.0 11,058.1 11,385.0 11,230.1 11,157.0 11,136.0 11,260.0 11,142.0 10,774.9 10,246.9 10,196.0 9,928.9 9,303.0 8,738 9,045 8,819 8,665
Total Liabilities & Equity 1,134,361.2 1,116,938 1,102,255 1,090,143 1,082,464 1,041,985 1,021,407 1,001,758 971,667 975,690 943,001 935,239 921,991 943,597 896,790 894,148 861,664 837,683 806,067 782,878 782,908 769,551 768,545 759,136 672,118 651,604 642,522 634,109 614,647 597,099 595,025 590,537 586,927 565,264 560,912 528,591 513,294 501,357 494,490 478,144 336,001 337,239 335,944 347,363 353,815 338,880.8 284,175.2 284,935.2 277,147.6 279,836.7 283,053.5 273,292.8 304,660.3 277,963.3 281,448.1 274,185.3 267,701.8 266,926.3 267,434.8 257,060.0 250,331.0 261,783.9 269,622.0 274,469.0 281,430.0 274,699.0 264,378.0 282,700.0 237,989.0 240,413.0 227,493.0 218,663.0 210,232 199,617 191,710 192,531
Debt Metrics
Total Debt 174,321.2 355,822 369,242 349,015 345,609 318,646 308,011 291,405 279,296 281,618 276,673 267,073 243,993 264,625 280,699 256,575 249,266 236,054 226,386 216,814 218,658 218,338 221,416 239,401 207,931 198,031 195,581 196,099 184,314 178,388 82,254 85,702 79,586 167,376 65,726 65,213 55,002 144,578 53,603 54,919 49,473 61,358 56,923 50,830 51,334.0 54,249.8 35,216.0 35,581.0 34,148.8 28,852.9 28,374.4 21,679.1 35,315.9 44,178.9 43,132.7 34,748.9 32,608.9 34,387.6 34,936.3 34,522.1 33,747.1 45,933.9 50,720.9 48,565.0 53,372.9 55,968.1 57,180.1 65,706.0 48,825.9 56,639.0 52,792.0 48,270.0 32,974 27,965 36,198 30,410
Net Debt 163,306.9 300,074 314,055 299,429 297,798 262,615 260,162 242,262 232,776 218,448 236,261 213,782 192,524 191,297 235,365 208,555 205,916 166,784 176,090 169,617 155,365 146,667 152,994 183,930 187,200 175,201 178,882 181,692 167,742 157,700 64,453 68,667 64,346 151,721 45,809 50,810 39,613 129,397 40,475 43,464 41,537 53,068 48,774 42,529 50,001 37,305.9 21,678.3 24,084.2 23,695.1 20,559.9 19,213.8 12,166.7 22,470.3 32,756.9 30,697.2 23,967.9 21,929.6 20,584.1 16,894.3 23,267.2 21,220.1 35,142.9 13,051.9 39,236.0 42,577.9 45,655.2 45,550.0 53,252.1 41,413.0 49,222.1 44,701.9 41,576.1 32,974 27,965 36,198 30,410
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1 2002 Q4 2002 Q3 2002 Q2 2002 Q1 2001 Q4 2001 Q3 2001 Q2 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4 1999 Q3 1999 Q2 1999 Q1 1998 Q4 1998 Q3 1998 Q2 1998 Q1 1997 Q4 1997 Q3 1997 Q2 1997 Q1 1996 Q4 1996 Q3 1996 Q2 1996 Q1
Operating Activities
Net Income 3,097.9 2,180 2,096 2,007 2,171 1,882 1,786 1,739 1,716 1,483 1,422 1,689 433 1,185 1,666 1,523 1,869 1,440 1,730 1,647 1,621 1,016 1,172 392 1,212 1,193 1,398 1,348 1,182 1,266 1,369 1,319 1,328 1,159 1,097 1,045 1,407 931 1,441 936 (1,907.7) 440.3 707.0 530.7 608.8 508.9 788.9 319.2 445.6 (101.1) 164.1 234.8 354.8 242.0 459.1 468.7 324.6 609.0 675.7 451.4 7.9 394.1 300.1 326.9 33.8 245.1 434.0 342.9 405.1 400.9 370.1 375.0 341 336 339 350
Depreciation & Amortization 0 324 287 281 286 289 317 288 276 310 274 282 277 278 260 256 253 287 244 249 237 536 249 280 246 312 177 178 171 162 167 162 166 152 143 127 120 129 115 112 54.4 57.6 57.1 76.4 66.2 (921.9) 1,068.3 74.4 74.5 92.1 90.5 93.2 88.7 91.1 91.0 86.7 0 0 0 98.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock-Based Compensation 0 9 3 6 2 7 3 4 2 5 3 3 2 9 3 3 9 2 3 8 6 3 4 4 3 2 5 5 4 8 9 9 5 3 3 1 0 2 1 1 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 (6,621) (7,038) 2,584 (2,189) 8,748 (2,984) 10,791 776 (5,726) 9,564 (10,433) 3,817 (646) 7,852 6,100 4,753 (3,148) 6,060 5,465 (20,079) (3,214) (4,834) 16,776 42,623 (876) 4,090 506 2,631 4,309 (2,949) 166 5,053 957 488 206 1,747 (5,638) 1,386 203 (2,031) 6,442.1 (3,217.0) (2,566.4) (1,264.1) (1,860.8) (9,038.0) 166.8 (73.8) 357.4 268.8 (400.4) (85.9) 430.9 (279.3) (346.2) (262.5) 0 0 0 166.4 0 0 0 0 0 0 0 0 0 0 0 0 (1,202) 1,018 1,998 (676)
Other Non-Cash Items 1,282.6 (12,791) 1,041 877 66 166 (595) 684 (120) 705 2,299 405 345 (341) (50) 331 (50) 526 (164) 444 193 301 426 799 183 357 455 54 150 334 169 49 49 161 213 93 (101) 112 (264) 217 (4,052.1) 677.9 (883.2) 2,172.2 (1,286.4) 6,658.0 5,941.9 (1,338.1) (6,820.3) 14,664.3 (4,435.1) 2,201.9 (3,619.5) 3,449.3 7,535.1 (2,263.2) (1,868.0) (5,307.3) (583.5) (836.2) 6,569.1 574.9 127.9 (1,596.9) 1,959.2 (11,356.2) (3,907.0) (2,107.9) (1,448.1) (5,650.9) (793.1) (5,724.0) (341) (336) (339) (350)
Operating Cash Flow (2,240.5) (17,437) 5,861 914 11,355 (843) 12,289 3,443 (3,801) 12,106 (6,495) 6,402 141 8,865 7,948 6,875 (973) 8,304 7,234 (17,760) (1,110) (2,994) 18,575 44,039 675 5,972 2,546 4,301 5,816 (1,212) 1,872 6,614 2,593 1,998 1,787 2,837 (4,165) 2,574 1,547 (811) 299.2 (2,013.2) (2,582.5) 1,573.2 (2,457.7) (2,629.4) 8,116.7 (1,034.7) (5,932.2) 14,157.6 (4,598.7) 2,333.6 (2,992.2) 3,157.7 7,778.3 (2,022.5) (1,543.4) (4,698.3) 92.2 (108.5) 6,577.0 969.0 428.0 (1,270.0) 1,993.0 (11,111.1) (3,473.0) (1,765.0) (1,043.0) (5,250) (423) (5,349.0) (1,202) 1,018 1,998 (676)
Investing Activities
Capital Expenditure (246.4) (388) (282) (246) (193) (393) (275) (212) (209) (290) (238) (240) (246) (392) (272) (244) (201) (270) (210) (175) (184) (100) (98) (171) (62) (106) (54) (57) (55) (132) (38) (45) (40) (66) (26) (72) 365 (75) (66) 21 (36.7) (88.3) (89.3) (62.7) (27.8) (115.9) (23.1) (5.9) (120.1) 162.3 (156.0) (111.6) (129.9) (296.7) (100.1) (70.5) 0 0 0 (66.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 (7) 0 (3,078) 0 0 0 0 0 0 0 0 0 (25) 0 0 0 0 0 0 (315) (27) (2,490) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.7) 0.2 30.1 (655.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (37,261.6) (30,301) (26,677) (23,425) (17,966) (16,320) (20,641) (19,056) (20,511) (17,193) (19,689) (20,516) (22,089) (16,689) (13,782) (16,756) (23,727) (15,249) (12,641) (12,052) (9,954) (10,056) (16,201) (17,997) (9,821) (12,619) (9,394) (9,067) (11,224) (8,676) (8,797) (9,578) (5,960) (8,975) (12,074) (11,950) (4,865) (6,380) (7,883) (7,295) (850.2) (889.2) (5,659.9) (2,091.5) (6,401.5) (3,920.7) (13,377.9) (2,493.9) (8,047.4) (4,620.0) (7,089.1) (9,862.1) (11,712.3) (8,127.8) (5,521.0) (8,351.3) 0 0 0 (7,808.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 35,369.6 29,971 28,000 23,079 12,653 15,650 11,573 17,604 12,039 13,132 18,723 14,703 13,180 13,853 12,089 10,452 14,363 11,528 9,533 13,680 12,488 7,314 9,111 7,649 10,902 8,370 5,518 5,442 5,382 11,484 6,795 3,764 3,551 6,608 13,108 9,851 8,648 4,680 6,937 8,352 10,166.1 1,321.5 3,055.1 3,997.3 3,049.2 8,780.3 1,369.1 10,597.6 5,913.9 20,161.7 7,122.5 8,795.4 9,241.2 6,382.1 3,505.5 4,150.0 0 0 0 1,747.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (8,823.9) 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 (11,591.9) (341.6) (183.6) (4,971.0) (468.5) 3,576.7 (1,884.9) (1,602.3) (395.4) 1,913.2 (4,627.7) (3,018.8) (1,238.7) (2,734.5) (3,513.3) (750.9) 1,518.2 (1,675.4) (2,984.5) (1,381.7) 5,283.1 3,919.9 148.9 3,458.1 4,290.0 3,639.0 17,422.9 (30,349.9) (10,502.1) (1,807) (7,558) (1,164.0) (5,865) (6,443) (3,459) (1,577)
Investing Cash Flow (10,962.2) (718) 1,041 (592) (5,506) (1,063) (9,343) (1,664) (8,681) (4,351) (1,204) (6,053) (9,155) (3,235) (1,965) (9,626) (9,565) (3,991) (3,318) 1,453 2,350 (2,842) (7,188) (10,519) 1,019 (4,380) (3,930) (3,682) (5,897) 2,676 (2,040) (5,859) (2,764) (2,460) (1,482) (2,171) 4,148 (1,775) (1,012) 1,078 (2,312.6) 2.4 (2,877.7) (3,128.0) (3,848.6) 8,320.4 (13,916.8) 6,495.5 (2,649.0) 17,616.6 (4,750.1) (4,166.9) (4,495.5) (4,776.9) (5,628.9) (5,022.7) 1,518.2 (1,675.4) (2,984.5) (7,508.7) 5,283.1 3,919.9 148.9 3,458.1 4,290.0 3,639.0 17,422.9 (30,349.9) (10,502.1) (1,807) (7,558) (1,164.0) (5,865) (6,443) (3,459) (1,577)
Financing Activities
Net Debt Issuance (72) (74) (1,077) 1,158 (135) (80) (615) (78) 1,200 (82) (84) (833) 918 (88) (81) 917 (76) (82) (75) 926 (1,082) (111) 923 (77) (75) (1,000) 1,499 0 0 (19) (585) 1,500 0 0 (35) (20) 0 (14) 0 0 2,435.3 (1,298.8) 2,933.5 (395.5) 1,428.0 4,160.9 1,213.5 564.4 6,729.0 (13,614.4) (326.2) 789.2 (1,756.7) (7,444.6) 1,120.1 8,349.9 0 0 0 803.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased (1,028.6) (1,142) (536) (490) (320) (422) 0 (328) (2) 2 (4) 0 0 0 0 (2) (134) 0 (2) 0 (16) 0 (3) (72) (165) (110) 0 (3) 0 (215) (207) 0 0 (15) 0 (8) (1) 0 (9) (65) 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
Dividends Paid (1,096.7) (1,017) (986) (988) (1,002) (876) (867) (606) (598) (573) (571) (546) (571) (750) (755) (736) (731) (670) (655) (673) (651) (650) (642) (643) (636) (623) (612) (602) (569) (579) (566) (569) (395) (393) (374) (327) (331) (488) (487) (476) (264.0) (248.2) (254.3) (226.3) (230.3) (191.7) (193.1) (195.0) (191.6) (192.0) (191.9) (188.1) (166.3) (167.7) (168.4) (169.5) 0 0 0 (147.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 15,134.7 13,137.9 (8) (9) (5) 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 0 398.1 3,330.2 2,963.3 2,268.8 4,966.9 (10,125.4) 5,273.8 (5,748.8) 1,900.9 (18,722.9) 10,221.5 1,207.2 8,772.4 9,649.6 (2,896.4) (1,340.6) 368.4 6,628.0 2,163.7 6,775.2 (12,955.0) (4,096.0) 301.0 (2,674.0) (6,340.1) 7,739.0 (13,292.9) 32,043.0 11,369.0 6,698 8,867 5,847.0 6,966 6,123 1,600 1,813
Financing Cash Flow 14,016.0 11,390 (1,840) 280 (997) (1,247) (1,573) (447) 657 (608) (613) (1,333) 395 (201) (791) 230 (848) 47 (646) 341 (1,687) 9 319 (757) (792) (1,690) 1,174 (567) (207) (770) (1,324) 979 122 (370) 434 (316) (249) (284) (475) (522) 2,160.9 2,019.2 5,346.1 1,311.7 6,069.3 (5,809.2) 6,126.2 (5,378.2) 8,687.7 (32,516.2) 9,710.1 1,970.9 7,213.7 1,755.9 (2,200.7) 6,671.2 368.4 6,628.0 2,163.7 7,559.3 (12,955.0) (4,096.0) 301.0 (2,674.0) (6,340.1) 7,739.0 (13,292.9) 32,043.0 11,369.0 6,698 8,867 5,847.0 6,966 6,123 1,600 1,813
Cash Position
Net Change in Cash (1,382) (6,722) 5,090 481 4,965 (3,119) 1,385 1,389 (11,906) 7,271 (8,396) (935) (8,659) 5,585 5,182 (2,491) (11,314) 4,339 3,310 (16,062) (545) (5,840) 11,603 33,014 914 (101) (237) 90 (292) 717 (1,449) 1,811 (139) (767) 592 430 (315) 558 121 (434) 137.1 13.2 (107.9) (230.7) (234.3) 226.6 281.0 36.2 91.2 (750.7) 364.7 130.5 (274.0) 164.4 (53.3) (355.5) 348.8 328.5 (786.2) (66.6) (1,116.0) 792.9 877.9 (485.9) (57.1) 0 0 (72.1) (176.1) (359) 886 (666.0) (101) 698 139 (440)
Cash at Beginning 12,379 19,101 14,011 13,530 8,565 11,684 10,299 8,910 20,816 13,545 21,941 22,876 31,535 25,950 20,768 23,259 34,573 30,234 26,924 42,986 43,531 49,371 37,768 4,754 3,840 3,941 4,178 4,088 4,380 3,663 5,112 3,301 3,440 4,207 3,615 3,185 3,500 2,942 2,821 3,255 1,279.6 1,266.4 1,374.3 1,359.2 1,593.4 1,366.5 1,085.5 1,049.3 958.0 1,708.6 1,343.9 1,213.4 1,487.4 1,322.6 1,375.9 1,731.4 1,175.7 847.2 1,633.0 1,699.9 2,816.0 2,023.0 0 1,631.1 1,688.1 0 0 836.0 0 1,591 705 1,370.9 0 0 0 0
Cash at End 10,997 12,379 19,101 14,011 13,530 8,565 11,684 10,299 8,910 20,816 13,545 21,941 22,876 31,535 25,950 20,768 23,259 34,573 30,234 26,924 42,986 43,531 49,371 37,768 4,754 3,840 3,941 4,178 4,088 4,380 3,663 5,112 3,301 3,440 4,207 3,615 3,185 3,500 2,942 2,821 1,416.7 1,279.6 1,266.4 1,128.5 1,359.2 1,593.0 1,366.5 1,085.5 1,049.3 957.9 1,708.6 1,343.9 1,213.4 1,487.1 1,322.6 1,375.9 1,524.5 1,175.7 847.2 1,633.0 1,700.0 2,816.0 877.9 1,145.2 1,631.0 267.0 657.1 763.9 (176.1) 1,232 1,591 704.9 (101) 698 139 (440)
Free Cash Flow (2,486.9) (17,825) 5,579 668 11,162 (1,236) 12,014 3,231 (4,010) 11,816 (6,733) 6,162 (105) 8,473 7,676 6,631 (1,174) 8,034 7,024 (17,935) (1,294) (3,094) 18,477 43,990 613 5,866 2,492 4,244 5,761 (1,344) 1,834 6,569 2,553 1,932 1,761 2,765 (3,800) 2,499 1,481 (790) 262.5 (2,101.5) (2,671.8) 1,510.5 (2,485.4) (2,745.3) 8,093.5 (1,040.6) (6,052.3) 14,319.9 (4,754.7) 2,222.0 (3,122.1) 2,861.0 7,678.1 (2,093.0) (1,543.4) (4,698.3) 1,084.7 (175.1) 6,577.0 969.0 428.0 (1,270.0) 1,993.0 (11,111.1) (3,473.0) (3,264.0) (1,043.0) (4,827.0) (423) (5,349.0) (1,202) 1,018 1,998 (676)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2 2001 Q4 2001 Q2 2001 Q1 2000 Q4 2000 Q3 2000 Q2 2000 Q1 1999 Q4
Income Statement
Revenue 15,839.9 15,512 15,266 15,057 16,170 16,196 16,499 15,631 15,690 15,109 14,232 13,161 12,988 10,374 8,109 6,515 6,294 5,810 5,811 5,742 5,879 5,596 5,792 6,494 7,258 7,219 7,270 7,077 7,058 6,683 6,488 6,097 5,922 5,604 5,214 4,734 4,937 4,651 4,638 4,457 4,252 4,343 4,217 4,431 4,196 4,203 4,077 4,549 4,202 4,308 4,167 4,260 4,236 4,256 4,210 4,268 4,053 4,393 4,239 4,372 4,106 3,613 3,540 3,718 3,580 3,660 3,109 3,484 3,850.7 3,891 2,395 2,330.3 5,943.9 5,864.1 5,739.3 5,743.7 5,410.9 5,139.7 4,842.0 4,773.6 5,151.8 4,813.3 4,326.2 4,500.1 4,180.2 4,098.5 4,236.9 4,188.7 4,196.7 4,089.9 4,066.4 4,328.1 4,610.3 5,531.3 5,961.6 5,977.4 5,998.8 5,890.1 5,215.6 4,850.0
Gross Profit 7,765.2 6,945 6,666 6,381 6,679 6,179 6,101 5,625 5,620 5,308 5,113 5,227 5,638 4,931 5,302 5,148 5,410 4,975 5,143 4,884 4,800 4,297 4,158 3,142 4,576 4,341 4,402 4,257 4,192 4,250 4,268 4,132 4,258 4,014 3,863 3,492 3,675 3,424 3,440 3,228 3,244 3,288 3,143 3,229 2,984 3,010 2,782 3,294 2,866 2,889 2,830 2,874 2,787 2,802 2,752 2,757 2,911 2,821 2,770 2,811 3,105 2,628 2,605 2,702 2,466 2,310 1,767 1,738 1,958.5 1,702 (50) (692.8) 2,813.7 2,817.6 2,884.1 2,947.7 2,795.5 2,679.0 2,628.1 2,682.1 3,252.9 2,952.1 2,661.2 2,900.0 2,760.9 2,815.7 2,843.8 2,808.4 2,765.7 2,486.0 2,210.3 2,579.6 2,239.3 2,484.6 2,723.7 2,391.4 2,816.6 3,037.6 2,592.6 2,189.8
Operating Income 3,506.5 2,792 2,719 2,598 2,830 2,407 2,439 2,149 2,171 1,863 1,809 2,126 1,172 1,469 2,145 1,959 2,400 1,851 2,237 2,144 2,090 1,418 1,481 462 1,529 1,532 1,771 1,699 1,467 1,597 1,734 1,647 1,728 1,470 1,443 1,244 1,723 1,112 1,675 1,065 902 1,152 1,093 1,077 936 1,116 425 1,437 997 1,051 1,034 912 1,002 1,001 1,012 1,028 1,045 816 1,014 1,006 1,244 887 927 954 795 611 128 85 154.6 (23) (1,838) (2,457.8) 928.8 991.4 898.5 1,000.6 934.6 786.3 774.8 818.2 1,164.6 (2,013.0) 615.9 989.8 485.2 846.3 769.2 864.2 725.1 441.1 (479.7) 266.6 (65.0) 586.6 719.5 353.4 802.6 925.7 612.0 (129.1)
Net Income 3,097.9 2,174 2,094 1,998 2,163 1,874 1,786 1,739 1,716 1,475 1,422 1,678 424 1,178 1,660 1,518 1,864 1,436 1,725 1,647 1,621 1,015 1,170 400 1,205 1,185 1,392 1,341 1,178 1,266 1,365 1,313 1,323 1,159 1,093 1,045 1,402 927 1,435 936 776 973 907 920 809 918 317 1,174 843 877 860 783 850 839 810 832 794 589 764 760 500 640 660 652 644 434 (51) 147 494.9 71 (1,111) (1,455.8) 883.9 834.8 807.5 770.1 818.9 661.8 585.0 580.3 728.5 (1,906.5) 439.5 707.0 439.0 596.1 530.6 608.8 508.9 319.3 (101.1) 235.2 242.0 468.4 515.7 324.6 603.4 675.4 451.4 7.9
EPS (Diluted) 3.21 2.20 2.15 2.04 2.19 1.91 1.82 1.79 1.77 1.53 1.47 1.76 0.39 1.26 1.78 1.62 2.01 1.54 1.88 1.78 1.78 1.10 1.27 0.42 1.32 1.29 1.53 1.48 1.30 1.40 1.51 1.45 1.48 1.30 1.30 1.30 1.75 1.16 1.81 1.18 0.97 1.21 1.13 1.14 0.99 1.13 0.37 1.44 1.05 1.07 1.05 0.94 1.01 1.00 0.95 0.97 0.98 0.67 0.90 0.90 0.64 0.77 0.80 0.79 0.84 0.51 -0.12 0.14 0.65 0.06 -1.50 -2.20 1.31 1.16 1.13 1.06 1.21 0.93 0.82 0.81 1.08 -2.89 0.60 0.97 0.62 0.80 0.67 0.77 0.70 0.38 -0.14 0.27 0.30 0.57 0.63 0.41 0.72 0.80 0.51 0.01
Balance Sheet
Cash & Equivalents 11,014.3 55,748 55,187 49,586 47,811 56,031 47,849 49,143 46,520 63,170 40,412 53,291 51,469 73,328 45,334 48,020 43,350 69,270 50,296 47,197 63,293 71,671 68,422 55,471 20,731 22,830 16,699 14,407 16,572 20,688 17,801 17,035 15,240 15,655 19,917 14,403 15,389 15,181 13,128 11,455 7,936 8,290 8,149 8,301 1,333 16,943.9 13,537.6 11,496.8 10,453.6 8,293.0 9,160.6 9,512.5 12,845.6 11,422.0 12,435.5 10,781.0 10,679.3 13,803.5 18,042.1 11,254.9 12,527.0 10,791.0 37,669.0 9,329.1 10,795.0 10,312.9 11,630.1 12,453.9 7,412.9 7,417.0 8,090.1 6,693.9 0 0 0 0
Total Assets 1,134,361.2 1,116,938 1,102,255 1,090,143 1,082,464 1,041,985 1,021,407 1,001,758 971,667 975,690 943,001 935,239 921,991 943,597 896,790 894,148 861,664 837,683 806,067 782,878 782,908 769,551 768,545 759,136 672,118 651,604 642,522 634,109 614,647 597,099 595,025 590,537 586,927 565,264 560,912 528,591 513,294 501,357 494,490 478,144 336,001 337,239 335,944 347,363 353,815 338,880.8 284,175.2 284,935.2 277,147.6 279,836.7 283,053.5 273,292.8 304,660.3 277,963.3 281,448.1 274,185.3 267,701.8 266,926.3 267,434.8 257,060.0 250,331.0 261,783.9 269,622.0 274,469.0 281,430.0 274,699.0 264,378.0 282,700.0 237,989.0 240,413.0 227,493.0 218,663.0 210,232 199,617 191,710 192,531
Total Debt 174,321.2 355,822 369,242 349,015 345,609 318,646 308,011 291,405 279,296 281,618 276,673 267,073 243,993 264,625 280,699 256,575 249,266 236,054 226,386 216,814 218,658 218,338 221,416 239,401 207,931 198,031 195,581 196,099 184,314 178,388 82,254 85,702 79,586 167,376 65,726 65,213 55,002 144,578 53,603 54,919 49,473 61,358 56,923 50,830 51,334.0 54,249.8 35,216.0 35,581.0 34,148.8 28,852.9 28,374.4 21,679.1 35,315.9 44,178.9 43,132.7 34,748.9 32,608.9 34,387.6 34,936.3 34,522.1 33,747.1 45,933.9 50,720.9 48,565.0 53,372.9 55,968.1 57,180.1 65,706.0 48,825.9 56,639.0 52,792.0 48,270.0 32,974 27,965 36,198 30,410
Stockholders' Equity 65,425.9 64,129 62,599 61,666 61,342 58,735 57,529 55,409 54,091 52,931 51,175 51,291 49,705 50,181 48,629 47,754 47,103 45,648 44,108 42,510 41,752 41,154 39,920 40,069 39,039 38,394 37,828 37,030 35,909 34,943 34,381 33,366 32,135 31,035 29,832 25,668 24,532 23,472 22,533 21,585 14,810 14,714 14,275 13,817 13,672.0 13,389.4 14,138.2 14,082.8 13,778.2 12,928.5 12,822.4 12,331.8 12,589.1 12,093.3 12,057.7 11,930.7 11,369.2 12,019.9 11,553.6 11,467.0 11,058.1 11,385.0 11,230.1 11,157.0 11,136.0 11,260.0 11,142.0 10,774.9 10,246.9 10,196.0 9,928.9 9,303.0 8,738 9,045 8,819 8,665
Cash Flow
Operating Cash Flow (2,240.5) (17,437) 5,861 914 11,355 (843) 12,289 3,443 (3,801) 12,106 (6,495) 6,402 141 8,865 7,948 6,875 (973) 8,304 7,234 (17,760) (1,110) (2,994) 18,575 44,039 675 5,972 2,546 4,301 5,816 (1,212) 1,872 6,614 2,593 1,998 1,787 2,837 (4,165) 2,574 1,547 (811) 299.2 (2,013.2) (2,582.5) 1,573.2 (2,457.7) (2,629.4) 8,116.7 (1,034.7) (5,932.2) 14,157.6 (4,598.7) 2,333.6 (2,992.2) 3,157.7 7,778.3 (2,022.5) (1,543.4) (4,698.3) 92.2 (108.5) 6,577.0 969.0 428.0 (1,270.0) 1,993.0 (11,111.1) (3,473.0) (1,765.0) (1,043.0) (5,250) (423) (5,349.0) (1,202) 1,018 1,998 (676)
Capital Expenditure (246.4) (388) (282) (246) (193) (393) (275) (212) (209) (290) (238) (240) (246) (392) (272) (244) (201) (270) (210) (175) (184) (100) (98) (171) (62) (106) (54) (57) (55) (132) (38) (45) (40) (66) (26) (72) 365 (75) (66) 21 (36.7) (88.3) (89.3) (62.7) (27.8) (115.9) (23.1) (5.9) (120.1) 162.3 (156.0) (111.6) (129.9) (296.7) (100.1) (70.5) 0 0 0 (66.6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Free Cash Flow (2,486.9) (17,825) 5,579 668 11,162 (1,236) 12,014 3,231 (4,010) 11,816 (6,733) 6,162 (105) 8,473 7,676 6,631 (1,174) 8,034 7,024 (17,935) (1,294) (3,094) 18,477 43,990 613 5,866 2,492 4,244 5,761 (1,344) 1,834 6,569 2,553 1,932 1,761 2,765 (3,800) 2,499 1,481 (790) 262.5 (2,101.5) (2,671.8) 1,510.5 (2,485.4) (2,745.3) 8,093.5 (1,040.6) (6,052.3) 14,319.9 (4,754.7) 2,222.0 (3,122.1) 2,861.0 7,678.1 (2,093.0) (1,543.4) (4,698.3) 1,084.7 (175.1) 6,577.0 969.0 428.0 (1,270.0) 1,993.0 (11,111.1) (3,473.0) (3,264.0) (1,043.0) (4,827.0) (423) (5,349.0) (1,202) 1,018 1,998 (676)