CPRT - Copart, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$37.33
DETAILS
HIGH:
$45.00
LOW:
$25.00
MEDIAN:
$39.00
CONSENSUS:
$37.33
UPSIDE:
36.64%
| Metric | 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 4,666.2 | 4,647.0 | 4,236.8 | 3,869.5 | 3,500.9 | 2,692.5 | 2,205.6 | 2,042.0 | 1,805.7 | 1,448.0 | 1,268.4 | 1,146.1 | 1,163.5 | 1,046.4 | 924.2 | 872.2 | 772.9 | 743.1 | 784.8 | 560.7 | 528.6 | 457.1 | 400.8 | 347.4 | 316.5 | 253.9 | 190.0 | 141.8 | 114.2 | 126.3 | 118.2 | 58.1 | 22.8 |
| Cost of Revenue | 2,582.4 | 2,547.3 | 2,329.6 | 2,132.5 | 1,894.7 | 1,349.4 | 1,197.8 | 1,143.6 | 1,043.3 | 833.0 | 723.9 | 662.7 | 712.4 | 625.5 | 528.9 | 499.4 | 424.9 | 430.8 | 462.6 | 293.9 | 298.0 | 253.3 | 208.8 | 202.4 | 187.0 | 152.1 | 116.7 | 86.5 | 71.5 | 89.4 | 83.5 | 37.8 | 14.5 |
| Gross Profit | 2,083.9 | 2,099.6 | 1,907.3 | 1,737.0 | 1,606.2 | 1,343.1 | 1,007.8 | 898.3 | 762.4 | 615.0 | 544.6 | 483.4 | 451.0 | 420.9 | 395.3 | 372.9 | 348.0 | 312.3 | 322.3 | 266.8 | 230.5 | 203.8 | 192.0 | 145.0 | 129.5 | 101.8 | 73.3 | 55.3 | 42.7 | 36.9 | 34.7 | 20.3 | 8.3 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.5 | 19.4 | 29.8 | 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 | 431.3 | 349.0 | 335.2 | 250.4 | 231.2 | 206.7 | 191.7 | 181.9 | 176.9 | 151.4 | 138.1 | 139.0 | 164.5 | 137.9 | 114.5 | 107.6 | 108.9 | 86.9 | 84.3 | 63.6 | 59.0 | 47.0 | 36.5 | 28.7 | 23.3 | 19.4 | 15.6 | 12.1 | 11.3 | 10.6 | 10.9 | 5.7 | 2.4 |
| Other Expenses | 0 | 54.0 | 0 | 0 | 0 | 0 | 0 | 0 | (14.4) | 29.7 | (29.8) | 0 | 62.5 | 0 | (17.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.8 | 25.5 | 16.3 | 14.3 | 11.5 | 9.8 | 7.8 | 7.5 | 6 | 3.4 | 1.7 |
| Operating Expenses | 431.3 | 402.9 | 335.2 | 250.4 | 231.2 | 206.7 | 191.7 | 181.9 | 178.0 | 200.4 | 138.1 | 139.0 | 227.0 | 137.9 | 97.2 | 107.6 | 108.9 | 86.9 | 84.3 | 63.6 | 59.0 | 47.0 | 67.3 | 54.2 | 39.6 | 33.7 | 27.1 | 21.9 | 19.1 | 18.1 | 16.9 | 9.1 | 4.1 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 1,652.6 | 1,696.7 | 1,572.0 | 1,486.6 | 1,375.0 | 1,136.4 | 816.1 | 716.5 | 584.3 | 461.3 | 406.5 | 344.4 | 274.9 | 283.0 | 298.1 | 265.3 | 239.1 | 225.3 | 237.9 | 203.1 | 171.6 | 156.9 | 124.8 | 90.8 | 89.9 | 68.1 | 46.2 | 33.4 | 23.6 | 18.8 | 17.8 | 11.2 | 4.2 |
| Interest Expense | 0 | 0 | 0 | 0 | 16.7 | 20.2 | 20.2 | 19.8 | 20.4 | 23.8 | 23.6 | 18.1 | 8.8 | 10.3 | 11.3 | 4.1 | 0.2 | 0.3 | 0.2 | 0.1 | 12.8 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.5 |
| Interest Income | 181.9 | 178.9 | 145.7 | 65.9 | 0 | 0 | 1.4 | 2.2 | 1.3 | 1.4 | 1.4 | 0.8 | 0.5 | 0.6 | 0.4 | 0.5 | 0.2 | 1.7 | 7.8 | 13.7 | 8.2 | 4.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 2,064.5 | 2,111.4 | 1,904.9 | 1,714.0 | 1,496.2 | 1,265.2 | 922.5 | 809.7 | 661.9 | 521.3 | 469.1 | 393.3 | 332.5 | 343.9 | 337.6 | 313.6 | 283.0 | 269.4 | 292.7 | 254.6 | 206.1 | 186.9 | 154.1 | 116.3 | 106.2 | 82.5 | 57.7 | 43.2 | 31.4 | 26.3 | 23.8 | 14.6 | 5.9 |
| EBIT | 1,835.0 | 1,895.6 | 1,714.6 | 1,554.3 | 1,357.6 | 1,142.1 | 816.1 | 722.5 | 582.9 | 463.9 | 419.5 | 344.4 | 278.8 | 287.1 | 289.4 | 268.0 | 239.7 | 228.0 | 249.9 | 217.5 | 174.6 | 156.4 | 124.5 | 90.8 | 89.9 | 68.1 | 46.2 | 33.4 | 23.6 | 18.8 | 17.8 | 11.2 | 4.2 |
| Income Before Tax | 1,835.0 | 1,895.6 | 1,714.6 | 1,554.3 | 1,341.0 | 1,121.8 | 800.8 | 705.0 | 562.5 | 440.1 | 395.9 | 332.1 | 270.0 | 276.9 | 278.1 | 263.9 | 239.5 | 227.7 | 249.7 | 217.4 | 174.5 | 165.1 | 130.3 | 94.2 | 93.7 | 71.0 | 48.0 | 35.2 | 24.9 | 19.5 | 18.2 | 11.4 | 3.7 |
| Income Tax Expense | 354.6 | 347.2 | 352.3 | 316.6 | 250.8 | 185.4 | 100.9 | 113.3 | 144.5 | 45.8 | 125.5 | 112.3 | 91.3 | 96.8 | 95.9 | 97.5 | 87.9 | 88.2 | 92.7 | 81.1 | 61.9 | 63.0 | 51.1 | 36.9 | 36.3 | 28.4 | 18.5 | 13.2 | 9.7 | 7.5 | 7 | 4.5 | 1.5 |
| Net Income | 1,484.3 | 1,552.4 | 1,363.0 | 1,237.7 | 1,090.1 | 936.5 | 699.9 | 591.7 | 417.9 | 394.2 | 270.4 | 219.8 | 178.7 | 180.0 | 182.1 | 166.4 | 151.6 | 141.1 | 156.9 | 136.3 | 96.9 | 102.1 | 79.2 | 57.2 | 57.4 | 42.7 | 29.4 | 22 | 15.2 | 12 | 11.2 | 6.9 | 0.6 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 1.56 | 1.61 | 1.42 | 1.30 | 1.15 | 0.99 | 0.75 | 0.64 | 0.45 | 0.43 | 0.30 | 0.22 | 0.18 | 0.18 | 0.18 | 0.14 | 0.11 | 0.11 | 0.11 | 0.09 | 0.07 | 0.07 | 0.06 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| EPS (Diluted) | 1.55 | 1.59 | 1.40 | 1.28 | 1.13 | 0.97 | 0.73 | 0.62 | 0.43 | 0.42 | 0.28 | 0.21 | 0.17 | 0.17 | 0.17 | 0.14 | 0.11 | 0.10 | 0.11 | 0.09 | 0.07 | 0.07 | 0.05 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Shares Outstanding | 949.6 | 965.3 | 960.7 | 953.6 | 949.7 | 945.0 | 932.8 | 922.0 | 927.2 | 914.7 | 915.4 | 1,007.3 | 1,005.5 | 999.3 | 1,025.0 | 1,210.4 | 1,346.6 | 1,336.6 | 1,398.6 | 1,450.4 | 1,446.0 | 1,442.6 | 1,431.3 | 1,462.5 | 1,419.5 | 1,317.4 | 1,293.6 | 1,281.0 | 1,265.4 | 1,199.4 | 1,168.1 | 919.5 | 719.6 |
| Metric | 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 1,907.9 | 2,780.5 | 1,514.1 | 957.4 | 1,384.2 | 1,048.3 | 477.7 | 186.3 | 274.5 | 210.1 | 155.8 | 456.0 | 158.7 | 63.6 | 140.1 | 74.0 | 268.2 | 162.7 | 39.0 | 98.4 | 126.6 | 252.5 | 178.3 | 116.7 | 132.7 | 15.2 | 12.2 | 37 | 15.7 | 27.7 | 13 | 13.8 | 17.9 |
| Short-Term Investments | 2,581.9 | 2,008.5 | 1,908.0 | 1,406.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 0 | 0 | 102.6 | 148.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 809.2 | 763.4 | 785.9 | 708.6 | 628.5 | 500.6 | 376.9 | 386.8 | 366.9 | 318.3 | 285.0 | 221.8 | 199.3 | 192.1 | 141.3 | 128.0 | 120.0 | 114.7 | 130.7 | 113.1 | 102.0 | 89.0 | 81.6 | 75.6 | 64.1 | 64.9 | 52.5 | 37.5 | 32.8 | 31.3 | 30 | 23.9 | 7.2 |
| Inventory | 51.4 | 39.7 | 43.6 | 40.0 | 58.8 | 45.0 | 20.1 | 20.9 | 16.7 | 10.2 | 10.4 | 8.6 | 7.3 | 10.7 | 8.5 | 8.0 | 5.0 | 4.7 | 5.3 | 6.0 | 4.9 | 6.8 | 5.4 | 10.1 | 0 | 10.5 | 0 | 0 | 0 | 0.3 | 1.5 | 3.3 | 0 |
| Other Current Assets | 217.8 | 46.4 | 166.5 | 150.0 | 112.2 | 94.4 | 73.7 | 76.5 | 34.3 | 31.1 | 30.0 | 28.3 | 26.2 | 24.6 | 23.3 | 17.0 | 29.9 | 28.7 | 30.8 | 28.8 | 24.3 | 19.2 | 22.3 | 13.3 | 20.0 | 12.0 | 26.7 | 14.8 | 26.5 | 12 | 12.8 | 7 | 3.3 |
| Total Current Assets | 5,568.2 | 5,638.5 | 4,418.2 | 3,262.6 | 2,202.5 | 1,702.6 | 963.8 | 687.2 | 709.1 | 587.3 | 499.3 | 734.6 | 412.3 | 306.5 | 322.3 | 241.9 | 437.4 | 315.9 | 212.8 | 354.5 | 411.4 | 373.8 | 293.1 | 225.8 | 226.0 | 110.5 | 91.4 | 89.3 | 75 | 71.3 | 57.3 | 48 | 28.4 |
| Non-Current Assets | |||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 3,816.9 | 3,697.8 | 3,292.1 | 2,952.5 | 2,602.1 | 2,416.1 | 2,060.2 | 1,427.7 | 1,163.4 | 944.1 | 816.8 | 700.4 | 692.4 | 677.5 | 587.2 | 600.4 | 573.5 | 530.9 | 510.3 | 420.7 | 341.9 | 292.9 | 257.7 | 244.4 | 197.8 | 115.0 | 80.5 | 51.6 | 37.6 | 28.8 | 26.2 | 13.1 | 4.8 |
| Goodwill | 511.3 | 517.8 | 513.9 | 394.3 | 402.0 | 355.7 | 343.6 | 333.3 | 337.2 | 340.2 | 260.2 | 271.9 | 283.8 | 267.5 | 196.4 | 198.6 | 175.9 | 166.3 | 177.2 | 161.6 | 112.3 | 116.4 | 0 | 0 | 102.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 50.5 | 62.8 | 74.1 | 62.7 | 54.7 | 45.9 | 47.8 | 55.2 | 64.9 | 75.9 | 11.8 | 17.9 | 25.2 | 17.7 | 8.0 | 12.7 | 13.0 | 15.2 | 21.9 | 27.4 | 1.9 | 1.9 | 115.6 | 117.0 | 9.2 | 87.4 | 90.4 | 77.8 | 78.4 | 75.3 | 74.6 | 73.7 | 29.3 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 80.9 | 174.0 | 129.4 | 65.8 | 47.7 | 41.8 | 39.7 | 43.8 | 32.6 | 33.7 | 38.3 | 46.4 | 56.4 | 35.2 | 18.9 | 21.4 | 18.8 | 0 | 31.8 | 33.4 | 22.1 | 8.5 | 6.6 | 0.0 | 0 | 2.7 | 0 | 0 | (0.1) | (0.1) | 0 | 0.4 | 0.1 |
| Total Non-Current Assets | 4,459.6 | 4,452.4 | 4,009.6 | 3,475.3 | 3,106.4 | 2,859.5 | 2,491.5 | 1,860.5 | 1,598.6 | 1,395.2 | 1,150.5 | 1,065.4 | 1,094.5 | 1,028.0 | 832.8 | 842.6 | 791.4 | 742.1 | 743.5 | 650.9 | 483.4 | 419.7 | 379.9 | 361.3 | 309.9 | 206.1 | 170.9 | 129.4 | 115.9 | 104 | 100.8 | 87.2 | 34.2 |
| Total Assets | 10,027.8 | 10,090.9 | 8,427.8 | 6,737.9 | 5,308.9 | 4,562.1 | 3,455.3 | 2,547.6 | 2,307.7 | 1,982.5 | 1,649.8 | 1,800.0 | 1,506.8 | 1,334.5 | 1,155.1 | 1,084.4 | 1,228.8 | 1,058.0 | 956.2 | 1,005.3 | 894.7 | 793.5 | 673.0 | 587.1 | 535.8 | 316.6 | 262.3 | 218.7 | 190.9 | 175.3 | 158.1 | 135.2 | 62.6 |
| Current Liabilities | |||||||||||||||||||||||||||||||||
| Account Payables | 634.7 | 214.4 | 193.3 | 180.0 | 187.2 | 163.2 | 132.9 | 113.9 | 133.7 | 71.2 | 77.0 | 57.5 | 62.2 | 70.6 | 52.5 | 54.6 | 55.3 | 45.0 | 88.9 | 85.1 | 60.6 | 57.0 | 44.1 | 38.3 | 31.9 | 26.8 | 20.0 | 16.6 | 11.7 | 11.8 | 10.4 | 9.6 | 4.1 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2 | 82.2 | 76.2 | 53.7 | 79.7 | 92.3 | 75.2 | 50.4 | 0.4 | 0 | 17.5 | 9.3 | 0 | 0 | 0.0 | 0.1 | 0.3 | 0.3 | 7.8 | 0.3 | 0.6 | 1.9 | 0.8 | 0.6 | 0.7 |
| Deferred Revenue | 32.5 | 30.4 | 184.0 | 164.6 | 142.0 | 126.3 | 97.3 | 79.9 | 66.9 | 55.6 | 45.1 | 37.6 | 32.3 | 30.2 | 23.5 | 5.6 | 10.6 | 13.2 | 14.5 | 13.9 | 15.4 | 12.5 | 9.7 | 9.7 | 8.4 | 8.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 297.6 | 64.0 | 50.9 | 47.2 | 50.7 | 42.1 | 41.4 | 37.2 | 0.1 | 0 | 0 | 0 | 22.0 | 16.4 | 21.0 | 15.5 | 2.4 | (10.7) | (18.5) | 7.3 | 10.7 | 9.4 | 6.1 | 6.5 | (3.2) | 9.5 | 7.7 | 7.9 | 8.7 | 5.5 | 5 | 1.7 |
| Total Current Liabilities | 703.7 | 683.3 | 628.6 | 492.8 | 440.9 | 421.0 | 356.0 | 282.0 | 277.3 | 302.2 | 278.8 | 213.1 | 244.3 | 238.6 | 187.4 | 166.6 | 107.2 | 103.6 | 128.3 | 106.6 | 83.3 | 80.1 | 63.2 | 54.2 | 47.0 | 41.1 | 37.4 | 24.6 | 20.2 | 22.4 | 16.7 | 15.2 | 6.5 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||||
| Long-Term Debt | 0 | 0 | 0 | 10.9 | 2.0 | 397.6 | 396.9 | 400.1 | 398.7 | 550.9 | 564.3 | 590.8 | 223.2 | 296.4 | 368.9 | 325.4 | 0.6 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.0 | 0.1 | 0.4 | 0.7 | 7.6 | 7.8 | 7.8 | 10.5 | 3.2 | 3.3 |
| Deferred Tax Liabilities | 127.9 | 80.6 | 93.7 | 89.5 | 80.1 | 64.0 | 71.7 | 48.7 | 19.7 | 3.2 | 3.8 | 5.3 | 7.4 | 8.1 | 7.2 | 10.1 | 9.7 | 31.3 | 14.0 | 14.0 | 7.2 | 2.9 | 6.4 | 6.0 | 1.1 | 4.6 | 2.8 | 0.8 | 1.1 | 1 | 0.6 | 0.6 | 0.4 |
| Other Non-Current Liabilities | 9.1 | 35.6 | 59.6 | 69.2 | 64.6 | 52.3 | 45.0 | 38.5 | 30.8 | 27.7 | 28.4 | 24.9 | 28.4 | 29.0 | 30.4 | 27.2 | 24.0 | 1.7 | 15.0 | 3.9 | 1.4 | 1.2 | 1.2 | 1.2 | 1.4 | 1.4 | 1.5 | 1.7 | 1.6 | 1.3 | 4.1 | 3.1 | 3.1 |
| Total Non-Current Liabilities | 210.2 | 200.1 | 250.6 | 257.7 | 242.4 | 611.9 | 609.7 | 487.2 | 449.3 | 581.7 | 596.6 | 622.4 | 259.0 | 333.5 | 406.6 | 362.6 | 34.4 | 33.0 | 29.0 | 17.9 | 1.4 | 4.0 | 7.5 | 7.3 | 2.6 | 6.4 | 5.1 | 10.1 | 10.5 | 10.1 | 15.2 | 6.9 | 6.8 |
| Total Liabilities | 913.9 | 883.4 | 879.2 | 750.4 | 683.3 | 1,032.9 | 965.7 | 769.2 | 726.6 | 883.9 | 875.4 | 835.5 | 503.3 | 572.1 | 593.9 | 529.3 | 141.6 | 136.6 | 157.3 | 124.5 | 84.7 | 84.1 | 70.8 | 61.5 | 49.6 | 47.5 | 42.4 | 34.7 | 30.7 | 32.5 | 31.9 | 22.1 | 13.3 |
| Stockholders' Equity | |||||||||||||||||||||||||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 313.9 | 365.5 | 334.4 | 316.7 | 206.1 | 276.1 | 272.0 | 267.3 | 270.0 | 287.8 | 128.1 | 121.5 | 115 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 7,980.6 | 8,093.1 | 6,545.9 | 5,189.4 | 3,956.4 | 2,868.2 | 1,937.9 | 1,338.3 | 1,162.1 | 745.4 | 491.2 | 625.4 | 619.0 | 440.8 | 273.0 | 264.5 | 754.5 | 614.1 | 481.5 | 670.3 | 534.0 | 437.0 | 334.9 | 255.7 | 198.4 | 141.1 | 98.4 | 68.9 | 47 | 31.8 | 19.8 | 8.6 | 1.7 |
| Accumulated Other Comprehensive Income | (109.8) | (120.3) | (143.0) | (141.0) | (169.4) | (100.9) | (121.1) | (132.5) | (107.9) | (100.7) | (109.2) | (68.8) | (20.1) | (47.2) | (38.0) | (23.2) | (32.7) | (27.1) | 0.8 | 4.4 | (0.0) | 0.4 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 9,097.3 | 9,187.0 | 7,524.0 | 5,987.4 | 4,625.6 | 3,529.2 | 2,489.5 | 1,778.4 | 1,581.1 | 1,098.1 | 774.5 | 964.5 | 1,003.5 | 762.4 | 561.1 | 555.2 | 1,087.2 | 921.5 | 799.0 | 880.9 | 810.0 | 709.4 | 602.3 | 525.6 | 486.2 | 269.2 | 219.9 | 184 | 160.2 | 142.8 | 126.2 | 113.1 | 49.3 |
| Total Liabilities & Equity | 10,027.8 | 10,090.9 | 8,427.8 | 6,737.9 | 5,308.9 | 4,562.1 | 3,455.3 | 2,547.6 | 2,307.7 | 1,982.5 | 1,649.8 | 1,800.0 | 1,506.8 | 1,334.5 | 1,155.1 | 1,084.4 | 1,228.8 | 1,058.0 | 956.2 | 1,005.3 | 894.7 | 793.5 | 673.0 | 587.1 | 535.8 | 316.6 | 262.3 | 218.7 | 190.9 | 175.3 | 158.1 | 135.2 | 62.6 |
| Debt Metrics | |||||||||||||||||||||||||||||||||
| Total Debt | 88.4 | 103.7 | 118.7 | 120.5 | 119.5 | 518.1 | 518.6 | 401.2 | 399.9 | 633.0 | 640.5 | 644.5 | 302.9 | 388.7 | 444.1 | 375.8 | 1.0 | 0 | 17.5 | 9.3 | 0 | 0 | 0.0 | 0.1 | 0.4 | 0.7 | 8.6 | 7.9 | 8.4 | 9.7 | 11.3 | 3.8 | 4 |
| Net Debt | (1,819.5) | (2,676.8) | (1,395.4) | (836.9) | (1,264.8) | (530.2) | 40.9 | 214.9 | 125.4 | 422.9 | 484.6 | 188.5 | 144.2 | 325.1 | 304.0 | 301.7 | (267.2) | (162.7) | (21.5) | (98.4) | (126.6) | (252.5) | (178.3) | (116.6) | (132.3) | (14.5) | (3.6) | (29.1) | (7.3) | (18) | (1.7) | (10) | (13.9) |
| Metric | 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||
| Net Income | 1,480.4 | 1,548.4 | 1,362.3 | 1,237.7 | 1,090.1 | 936.5 | 699.9 | 591.7 | 418.0 | 394.3 | 270.4 | 219.8 | 178.7 | 180.0 | 182.1 | 166.4 | 151.6 | 138.7 | 156.9 | 136.3 | 96.9 | 102.1 | 79.2 | 57.2 | 57.4 | 42.7 | 29.4 | 22 | 15.2 | 12 | 11.2 | 6.9 | 2.8 |
| Depreciation & Amortization | 229.5 | 215.8 | 190.3 | 159.7 | 138.6 | 123.1 | 104.3 | 85.3 | 79.0 | 57.4 | 49.6 | 48.9 | 53.7 | 56.7 | 48.2 | 45.7 | 43.2 | 41.4 | 42.8 | 37.1 | 31.5 | 30.5 | 29.6 | 25.5 | 16.3 | 14.3 | 11.5 | 9.8 | 7.8 | 7.5 | 6 | 3.4 | 1.7 |
| Stock-Based Compensation | 38.8 | 38.0 | 35.2 | 39.7 | 39.0 | 40.9 | 23.3 | 23.4 | 23.2 | 20.8 | 20.9 | 18.2 | 22.1 | 19.6 | 21.8 | 19.0 | 18.0 | 9.4 | 0 | 3.4 | 3.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (207.6) | 22.6 | (114.1) | (88.3) | (125.5) | (95.8) | 66.2 | (73.9) | (8.2) | (20.8) | (16.1) | (21.7) | (7.5) | (46.0) | (8.9) | 15.8 | (3.9) | 21.6 | (17.7) | 11.1 | (12.7) | 9.5 | 5.8 | (10.3) | 5.8 | (0.7) | (15.9) | (0.2) | (1.5) | 4.5 | (6.6) | (5.3) | (0.4) |
| Other Non-Cash Items | 16.0 | (11.6) | (0.3) | 5.4 | 17.5 | (5.8) | (1.7) | (3.1) | 6.3 | 20.4 | 2.0 | (4.5) | 26.4 | (7.4) | 4.1 | (1.8) | (5.0) | (5.3) | 6.3 | 3.0 | 26.9 | (0.5) | 0.6 | (0.6) | (0.3) | (0.3) | (0.2) | (0.2) | 0.5 | 0.2 | 1 | 0.2 | 0.7 |
| Operating Cash Flow | 1,604.5 | 1,799.8 | 1,472.6 | 1,364.2 | 1,176.7 | 990.9 | 917.9 | 646.6 | 535.1 | 492.1 | 332.5 | 265.1 | 262.6 | 199.3 | 229.7 | 242.9 | 199.4 | 203.3 | 194.1 | 182.1 | 141.9 | 136.0 | 115.2 | 79.1 | 82.0 | 56.9 | 26.2 | 30.7 | 21.9 | 24.6 | 11.3 | 5.2 | 4.7 |
| Investing Activities | |||||||||||||||||||||||||||||||||
| Capital Expenditure | (337.4) | (569.0) | (511.0) | (516.6) | (337.4) | (463.0) | (603.7) | (374.6) | (296.7) | (172.2) | (173.9) | (79.2) | (95.8) | (214.3) | (57.4) | (105.1) | (75.8) | (78.9) | (113.4) | (196.9) | (117.7) | (66.3) | (64.6) | (70.7) | (85.9) | (45.9) | (37.0) | (20.7) | (12.2) | (7.8) | (8.6) | (9.9) | (2.4) |
| Acquisitions | 0 | 31.8 | 17.7 | (2.7) | (109.2) | (5) | (11.7) | (0.7) | 1.8 | (160.2) | 0.6 | (4.5) | (14.3) | (84.0) | (2.6) | (34.9) | (21.4) | 0 | (38.2) | (120.0) | (2.3) | (4.5) | (4.7) | (6.6) | (8.6) | (5.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | (4,009.1) | (4,095.9) | (1,406.6) | (374.9) | 0 | 0 | 0 | 0 | (3.6) | (21.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (154.4) | (921.8) | (726.0) | (755.4) | 0 | 0 | 0 | 0 | 0 | 0 | (13.1) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 3,960 | 3,645 | 2.7 | 374.9 | 0 | 0 | 0 | 0 | 0 | 21.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 266.1 | 967.9 | 568.4 | 928.0 | 0 | 0 | 0 | 0 | 0 | 13.1 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (540.2) | (1.2) | 4.2 | 31.2 | 4.3 | 2.5 | 14.2 | 19.1 | 6.4 | 0.1 | 0.1 | 1.7 | 18.0 | 90.3 | 11.9 | 55.5 | 1.2 | 19.0 | 7.2 | 135.2 | 9.7 | 5.6 | 19.9 | 0.8 | 1.4 | 1.4 | (17.7) | (2.6) | (9.3) | (3.3) | (3.8) | (33.3) | (10.7) |
| Investing Cash Flow | (877.6) | (587.4) | (940.1) | (1,892.0) | (442.3) | (465.5) | (601.2) | (356.3) | (288.5) | (335.8) | (172.9) | (81.9) | (92.1) | (208.0) | (48.1) | (84.5) | (96.0) | (59.9) | (32.6) | (135.6) | (267.9) | 107.4 | (49.3) | (76.5) | (93.1) | (49.7) | (54.7) | (10.2) | (34.6) | (11.1) | (12.4) | (43.2) | (13.1) |
| Financing Activities | |||||||||||||||||||||||||||||||||
| Net Debt Issuance | (0.1) | (0.0) | (10.8) | 10.5 | (417.3) | (1.1) | (1.1) | 0 | (231) | (7) | (6.0) | 348.9 | (91.3) | (80.4) | 68.8 | 375 | 0 | (17.5) | 8.2 | (2.0) | 0 | 0 | (0.1) | (0.3) | (0.3) | (7.8) | 0.7 | (0.6) | (1.3) | (1.5) | (0.6) | (0.4) | (7.7) |
| Stock Repurchased | (1,632.5) | 0 | 0 | 0 | 0 | 0 | 0 | (365.0) | 0 | 0 | (457.9) | (237.3) | (0.6) | (15.0) | (203.3) | (739.6) | (12.7) | (9.8) | (269.3) | (89.6) | (8.9) | 0 | (10.7) | (20.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (5.3) | (5.3) | (6.6) | (4.7) | (3.1) | (6.1) | (103.5) | (46.9) | (1.4) | (135.4) | 15.4 | 8.7 | 15.0 | 29.5 | 19.7 | 10.6 | 11.9 | 7.7 | 16.9 | 3.8 | 2.3 | 0 | 0.0 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0.3 | 0.1 | 0 | 0 |
| Financing Cash Flow | (1,606.9) | 52.1 | 19.3 | 66.6 | (382.7) | 40.9 | (24.6) | (370.3) | (182.0) | (107.0) | (448.5) | 120.4 | (76.8) | (65.9) | (114.9) | (354.1) | 1.3 | (17.6) | (229.7) | (75.4) | 0.5 | 3.2 | (4.4) | (18.5) | 128.6 | (4.2) | 3.7 | 0.8 | 0.8 | 1.2 | 0.4 | 33.9 | 24.5 |
| Cash Position | |||||||||||||||||||||||||||||||||
| Net Change in Cash | (872.6) | 1,266.4 | 556.7 | (426.8) | 336.0 | 570.5 | 291.4 | (88.2) | 64.4 | 54.3 | (300.2) | 297.3 | 95.0 | (76.5) | 66.1 | (194.2) | 105.5 | 123.7 | (68.7) | (28.2) | (126.0) | 246.8 | 61.6 | (15.9) | 117.4 | 3.1 | (24.9) | 21.3 | (11.9) | 14.7 | (0.7) | (4.1) | 16.1 |
| Cash at Beginning | 2,780.5 | 1,514.1 | 957.4 | 1,384.2 | 1,048.3 | 477.7 | 186.3 | 274.5 | 210.1 | 155.8 | 456.0 | 158.7 | 63.6 | 140.1 | 74.0 | 268.2 | 162.7 | 39.0 | 107.6 | 126.6 | 252.5 | 5.7 | 116.7 | 132.7 | 15.2 | 12.2 | 37.0 | 15.7 | 27.7 | 13 | 13.8 | 17.9 | 1.8 |
| Cash at End | 1,907.9 | 2,780.5 | 1,514.1 | 957.4 | 1,384.2 | 1,048.3 | 477.7 | 186.3 | 274.5 | 210.1 | 155.8 | 456.0 | 158.7 | 63.6 | 140.1 | 74.0 | 268.2 | 162.7 | 39.0 | 98.4 | 126.6 | 252.5 | 178.3 | 116.7 | 132.7 | 15.2 | 12.2 | 37 | 15.8 | 27.7 | 13.1 | 13.8 | 17.9 |
| Free Cash Flow | 1,267.1 | 1,230.8 | 961.6 | 847.6 | 839.2 | 527.9 | 314.2 | 272.0 | 238.4 | 319.9 | 158.6 | 185.9 | 166.8 | (15.0) | 172.3 | 137.8 | 123.6 | 124.4 | 80.7 | (14.8) | 24.3 | 69.7 | 50.6 | 8.4 | (3.9) | 11.0 | (10.8) | 10 | 9.7 | 16.8 | 2.7 | (4.7) | 2.3 |
| Key Metrics | 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 4,666.2 | 4,647.0 | 4,236.8 | 3,869.5 | 3,500.9 | 2,692.5 | 2,205.6 | 2,042.0 | 1,805.7 | 1,448.0 | 1,268.4 | 1,146.1 | 1,163.5 | 1,046.4 | 924.2 | 872.2 | 772.9 | 743.1 | 784.8 | 560.7 | 528.6 | 457.1 | 400.8 | 347.4 | 316.5 | 253.9 | 190.0 | 141.8 | 114.2 | 126.3 | 118.2 | 58.1 | 22.8 |
| Gross Profit | 2,083.9 | 2,099.6 | 1,907.3 | 1,737.0 | 1,606.2 | 1,343.1 | 1,007.8 | 898.3 | 762.4 | 615.0 | 544.6 | 483.4 | 451.0 | 420.9 | 395.3 | 372.9 | 348.0 | 312.3 | 322.3 | 266.8 | 230.5 | 203.8 | 192.0 | 145.0 | 129.5 | 101.8 | 73.3 | 55.3 | 42.7 | 36.9 | 34.7 | 20.3 | 8.3 |
| Operating Income | 1,652.6 | 1,696.7 | 1,572.0 | 1,486.6 | 1,375.0 | 1,136.4 | 816.1 | 716.5 | 584.3 | 461.3 | 406.5 | 344.4 | 274.9 | 283.0 | 298.1 | 265.3 | 239.1 | 225.3 | 237.9 | 203.1 | 171.6 | 156.9 | 124.8 | 90.8 | 89.9 | 68.1 | 46.2 | 33.4 | 23.6 | 18.8 | 17.8 | 11.2 | 4.2 |
| Net Income | 1,484.3 | 1,552.4 | 1,363.0 | 1,237.7 | 1,090.1 | 936.5 | 699.9 | 591.7 | 417.9 | 394.2 | 270.4 | 219.8 | 178.7 | 180.0 | 182.1 | 166.4 | 151.6 | 141.1 | 156.9 | 136.3 | 96.9 | 102.1 | 79.2 | 57.2 | 57.4 | 42.7 | 29.4 | 22 | 15.2 | 12 | 11.2 | 6.9 | 0.6 |
| EPS (Diluted) | 1.55 | 1.59 | 1.40 | 1.28 | 1.13 | 0.97 | 0.73 | 0.62 | 0.43 | 0.42 | 0.28 | 0.21 | 0.17 | 0.17 | 0.17 | 0.14 | 0.11 | 0.10 | 0.11 | 0.09 | 0.07 | 0.07 | 0.05 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 1,907.9 | 2,780.5 | 1,514.1 | 957.4 | 1,384.2 | 1,048.3 | 477.7 | 186.3 | 274.5 | 210.1 | 155.8 | 456.0 | 158.7 | 63.6 | 140.1 | 74.0 | 268.2 | 162.7 | 39.0 | 98.4 | 126.6 | 252.5 | 178.3 | 116.7 | 132.7 | 15.2 | 12.2 | 37 | 15.7 | 27.7 | 13 | 13.8 | 17.9 |
| Total Assets | 10,027.8 | 10,090.9 | 8,427.8 | 6,737.9 | 5,308.9 | 4,562.1 | 3,455.3 | 2,547.6 | 2,307.7 | 1,982.5 | 1,649.8 | 1,800.0 | 1,506.8 | 1,334.5 | 1,155.1 | 1,084.4 | 1,228.8 | 1,058.0 | 956.2 | 1,005.3 | 894.7 | 793.5 | 673.0 | 587.1 | 535.8 | 316.6 | 262.3 | 218.7 | 190.9 | 175.3 | 158.1 | 135.2 | 62.6 |
| Total Debt | 88.4 | 103.7 | 118.7 | 120.5 | 119.5 | 518.1 | 518.6 | 401.2 | 399.9 | 633.0 | 640.5 | 644.5 | 302.9 | 388.7 | 444.1 | 375.8 | 1.0 | 0 | 17.5 | 9.3 | 0 | 0 | 0.0 | 0.1 | 0.4 | 0.7 | 8.6 | 7.9 | 8.4 | 9.7 | 11.3 | 3.8 | 4 |
| Stockholders' Equity | 9,097.3 | 9,187.0 | 7,524.0 | 5,987.4 | 4,625.6 | 3,529.2 | 2,489.5 | 1,778.4 | 1,581.1 | 1,098.1 | 774.5 | 964.5 | 1,003.5 | 762.4 | 561.1 | 555.2 | 1,087.2 | 921.5 | 799.0 | 880.9 | 810.0 | 709.4 | 602.3 | 525.6 | 486.2 | 269.2 | 219.9 | 184 | 160.2 | 142.8 | 126.2 | 113.1 | 49.3 |
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 1,604.5 | 1,799.8 | 1,472.6 | 1,364.2 | 1,176.7 | 990.9 | 917.9 | 646.6 | 535.1 | 492.1 | 332.5 | 265.1 | 262.6 | 199.3 | 229.7 | 242.9 | 199.4 | 203.3 | 194.1 | 182.1 | 141.9 | 136.0 | 115.2 | 79.1 | 82.0 | 56.9 | 26.2 | 30.7 | 21.9 | 24.6 | 11.3 | 5.2 | 4.7 |
| Capital Expenditure | (337.4) | (569.0) | (511.0) | (516.6) | (337.4) | (463.0) | (603.7) | (374.6) | (296.7) | (172.2) | (173.9) | (79.2) | (95.8) | (214.3) | (57.4) | (105.1) | (75.8) | (78.9) | (113.4) | (196.9) | (117.7) | (66.3) | (64.6) | (70.7) | (85.9) | (45.9) | (37.0) | (20.7) | (12.2) | (7.8) | (8.6) | (9.9) | (2.4) |
| Free Cash Flow | 1,267.1 | 1,230.8 | 961.6 | 847.6 | 839.2 | 527.9 | 314.2 | 272.0 | 238.4 | 319.9 | 158.6 | 185.9 | 166.8 | (15.0) | 172.3 | 137.8 | 123.6 | 124.4 | 80.7 | (14.8) | 24.3 | 69.7 | 50.6 | 8.4 | (3.9) | 11.0 | (10.8) | 10 | 9.7 | 16.8 | 2.7 | (4.7) | 2.3 |