Cintas Corporation logo CTAS - Cintas Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 11
HOLD 17
SELL 2
STRONG
SELL
0
| PRICE TARGET: $241.00 DETAILS
HIGH: $250.00
LOW: $228.00
MEDIAN: $245.00
CONSENSUS: $241.00
UPSIDE: 41.06%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986
Revenue
Revenue 10,340.2 9,596.6 8,815.8 7,854.5 7,116.3 7,085.1 6,892.3 6,476.6 5,323.4 4,905.5 4,476.9 4,551.8 4,316.5 4,102 3,810.4 3,547.3 3,774.7 3,937.9 3,706.9 3,403.6 3,067.3 2,814.1 2,686.6 2,271.1 2,160.7 1,902.0 1,751.6 1,198.3 839.9 730.1 615.1 523.2 452.7 401.6 322.5 284.5 243.6 204.5 163.4 123.7
Cost of Revenue 5,166.0 4,910.2 4,642.4 4,222.2 3,801.7 3,851.4 3,763.7 3,568.1 2,943.1 2,775.6 2,555.5 2,637.4 2,529.4 2,363.4 2,201.1 2,049.5 2,223.8 2,256.3 2,125.5 1,948.8 1,762.5 1,627.6 1,567.4 1,313.7 1,264.4 1,022.9 976.5 653 452.9 393.7 333.6 278.2 246.5 223.9 177.1 159.5 137.5 114.2 90.2 70
Gross Profit 5,174.2 4,686.4 4,173.4 3,632.2 3,314.7 3,233.7 3,128.6 2,908.5 2,380.3 2,129.9 1,921.3 1,914.4 1,787.1 1,738.6 1,609.3 1,497.8 1,550.9 1,681.6 1,581.4 1,454.8 1,304.8 1,186.5 1,119.2 957.4 896.3 879.1 775.1 545.3 387 336.4 281.5 245 206.2 177.7 145.4 125 106.1 90.3 73.2 53.7
Operating Expenses
R&D Expenses 30.8 26.6 24.5 23.5 22.3 0 21.6 22.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 2,814.4 2,617.8 2,370.7 2,044.9 1,929.2 2,071.1 1,980.6 1,916.8 1,527.4 1,348.1 1,224.9 1,302.8 1,221.9 1,199.0 1,168.9 1,109.9 1,082.7 1,104.1 1,004.0 908.0 810.2 727.6 695.4 580.5 528.4 455.8 403.6 287.2 188.9 164.5 137.7 119.4 106.1 95.1 78.9 69.8 59.3 51.8 39.6 27.5
Other Expenses (30.8) (26.6) (24.5) (23.5) (22.3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 99.5 90.2 57.2 47.7 43.1 37.7 35.1 23.1 19.4 16.4 12.3 10.1 8.2 6.5 5.3
Operating Expenses 2,814.4 2,617.8 2,370.7 2,044.9 1,929.2 2,071.1 1,980.6 1,916.8 1,527.4 1,348.1 1,224.9 1,302.8 1,221.9 1,199.0 1,168.9 1,109.9 1,082.7 1,104.1 1,004.0 908.0 810.2 727.6 695.4 580.5 528.4 555.3 493.8 344.4 236.6 207.6 175.4 154.5 129.2 114.5 95.3 82.1 69.4 60 46.1 32.8
Operating Income
Operating Income 2,359.7 2,068.6 1,802.7 1,587.4 1,385.5 1,162.7 1,133.5 949.8 773.7 781.7 696.4 567.0 565.2 539.6 440.3 390.8 409.1 577.5 577.4 546.8 494.5 458.9 423.8 376.9 367.2 323.8 281.3 200.9 150.4 128.8 106.1 90.5 77 63.2 50.1 42.9 36.7 30.3 27.1 20.9
Interest Expense 101.1 100.7 111.2 88.8 98.2 105.4 101.7 110.2 86.5 64.5 65.2 65.8 65.7 70.6 49.7 48.6 50.2 52.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 5.6 5.7 1.7 0.2 0.5 1.0 1.2 1.3 0.2 0.9 0.3 0.2 0.4 1.9 2.0 1.7 2.8 6.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 2,859.5 2,523.9 2,221.7 1,990.0 1,773.6 1,542.7 1,564.2 1,227.9 968.3 933.7 877.8 793.8 755.0 735.7 635.8 585.6 611.9 775.4 753.3 707.5 642.7 602.1 566.8 496.9 480.0 423.3 371.5 300.2 260.5 187.3 143.8 125.6 100.1 82.6 66.5 55.2 46.8 38.5 33.6 26.2
EBIT 2,365.3 2,081.5 1,804.4 1,587.6 1,387.9 1,163.7 1,204.1 951.2 773.9 769.8 723.4 602.9 565.6 541.6 442.4 392.5 411.8 583.5 577.4 543.0 486.6 458.9 423.8 376.9 367.9 323.8 281.3 224.9 194.1 142.4 106.1 90.5 77 63.2 50.1 42.9 36.7 30.3 27.1 20.9
Income Before Tax 2,264.2 1,973.6 1,693.1 1,498.8 1,287.7 1,058.3 1,102.4 841.0 687.4 718.1 658.3 607.9 499.9 470.9 392.7 343.9 361.6 530.7 533.6 521.8 477.0 432.1 395.8 371.6 356.5 311.8 224 179.5 146.6 122.2 100.9 85.5 71.3 58.2 48.7 41.6 34.9 27.7 25.1 20.1
Income Tax Expense 451.9 402.0 345.1 263.0 176.8 181.9 219.8 57.1 230.1 261.2 244.7 233.4 184.5 173.3 145.7 128.3 135.2 195.3 199.0 194.6 176.5 159.9 146.5 137.3 134.0 118.4 85.1 56.6 55.8 47 38.2 33.3 26.4 21.7 17.3 15 12.8 10.5 11.2 8.8
Net Income 1,812.3 1,571.6 1,348.0 1,235.8 1,111.0 876.0 885.0 842.6 480.7 693.5 430.6 374.4 315.4 297.6 247.0 215.6 226.4 335.4 334.5 327.2 300.5 272.2 249.3 234.3 222.5 193.4 138.9 122.9 90.8 75.2 62.7 52.2 44.9 39.2 31.4 26.6 22.1 17.2 13.9 11.3
Per Share Data
EPS (Basic) 4.48 3.85 3.30 2.98 2.63 2.09 2.09 1.98 1.12 1.58 0.92 0.77 0.63 0.57 0.42 0.35 0.37 0.54 0.52 0.48 0.43 0.39 0.37 0.35 0.33 0.29 0.21 0.21 0.18 0.15 0.11 0.09 0.09 0.07 0.06 0.05 0.05 0.04 0.03 0.03
EPS (Diluted) 4.40 3.79 3.25 2.91 2.56 2.03 2.02 1.92 1.10 1.55 0.91 0.76 0.63 0.57 0.42 0.35 0.37 0.54 0.52 0.48 0.42 0.39 0.36 0.34 0.33 0.28 0.21 0.21 0.18 0.15 0.11 0.09 0.08 0.07 0.06 0.05 0.05 0.04 0.03 0.03
Shares Outstanding 403.5 406.6 406.6 412.7 419.5 415.3 424.3 426.4 419.9 432.9 463.6 481.5 495.8 519.6 586.3 611.4 611.8 622.7 640.3 670.2 688.3 702.5 682.9 679.0 674.1 666.9 661.4 641.8 668.2 594.6 562.7 560.5 528.2 560 523.3 506.7 442 458.7 463.3 452
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986
Current Assets
Cash & Cash Equivalents 264.0 342.0 124.1 90.5 493.6 145.4 96.6 138.7 169.3 139.4 417.1 513.3 352.3 339.8 438.1 411.3 129.7 66.2 35.4 38.9 43.2 87.4 32.2 40.6 73.7 52.2 15.8 12.7 14.2 9.1 6.7 8.4 14.2 8.8 5.5 6.4 30.1 18.9 26.9 33.7
Short-Term Investments 0 0 0 0 0 0 0 0 22.2 70.4 16.1 0 5.7 0 87.2 154.8 120.4 125.5 120.1 202.5 266.2 167.0 25.4 44.5 36.5 57.6 72.3 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,417.4 1,244.2 1,153.0 1,027.9 924.0 870.4 917.6 824.2 780.3 548.2 497.1 508.4 505.2 925.8 462.7 710.0 383.2 800.5 408.9 389.9 326.9 285.6 278.1 283.2 244.4 225.7 202.1 157.6 95.2 78.2 69 56.3 48.1 40.7 35.3 31.8 27 22.2 19.6 12.8
Inventory 447.4 410.2 506.6 472.1 481.8 408.9 334.6 280.3 278.2 249.4 226.2 251.2 240.4 251.2 249.7 169.5 202.4 238.7 231.7 198 216.4 185.6 228.4 193.8 214.3 164.9 138 108.2 43.1 34.7 36.9 29.1 21.5 25.2 23.2 19.8 17.9 19.9 10.5 9.6
Other Current Assets 1,307.4 54.1 50.3 41.0 0 38.4 33.7 32.4 68.7 45.0 45.4 26.2 0 24.7 69.3 61.9 82.1 39.4 0 0 0 301.4 305.7 280.9 242.2 221.0 206.3 230.1 203.5 175.5 128.8 127.7 103.3 64 53.5 57.4 29.7 25.3 20.2 14.6
Total Current Assets 3,436.2 2,050.5 1,834.0 1,631.6 1,953.8 1,463.1 1,382.5 1,275.7 1,318.8 1,052.3 1,201.8 1,299.1 1,128.1 1,088.8 1,307.0 1,192.8 934.8 911.9 811.8 840.5 861.1 1,034.2 877.5 853.2 819.7 721.5 634.5 508.6 356 297.5 241.4 221.5 187.1 138.7 117.5 115.4 104.7 86.3 77.2 70.7
Non-Current Assets
Property, Plant & Equipment 1,876.9 1,722.1 1,574.9 1,493.7 1,487.0 1,563.0 1,430.7 1,382.7 1,323.5 994.2 871.4 855.7 986.7 944.3 946.2 894.5 914.6 974.6 920.2 863.8 817.2 785.3 777.4 778.4 702.1 642.5 573.1 367.1 287.4 252.6 228 192.5 180.8 173 152.6 111.3 82.9 64.6 52.3 37.3
Goodwill 3,400.2 3,212.4 3,056.2 3,043.0 2,913.1 2,870.0 2,842.4 2,846.9 2,782.3 1,291.6 1,195.6 1,267.4 1,517.6 1,485.4 1,487.9 1,356.9 1,331.4 1,315.6 1,245.9 1,136.2 889.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 309.8 484.4 477.5 503.5 491.7 485.2 529.0 575.1 619.0 92.5 59.9 75.3 115.0 99.5 132.9 124.7 152.9 190.1 212.4 213.5 186.5 805.4 721.9 678.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 339.5 302.2 247.2 5.7 22.5 22.1 21.8 21.6 20.8 16.9 227.9 371.9 28.5 32.8 33.1 34.3 51.8 46.0 35.3 33.8 0 (123.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 462.6 1,397.2 1,356.4 1,469.8 1,368.8 1,266.4 1,230.2 856.2 779.7 667.4 635.8 593.0 569.8 510.2 444.9 366.4 335.4 370.4 344.9 337.5 305.4 185.3 206.1 209.0 230.4 217.4 200.2 142.1 118.4 118.7 126.8 87.6 86.3 49.6 35.7 27.5 26 29 32.3 22.8
Total Non-Current Assets 6,389.1 7,430.8 6,994.8 6,798.4 6,601.7 6,515.3 6,252.4 5,820.1 5,722.2 3,177.1 2,990.7 3,163.3 3,217.6 3,072.1 3,045.0 2,776.9 2,786.1 2,896.7 2,758.7 2,584.7 2,198.7 1,776.1 1,705.4 1,666.0 932.6 859.9 773.3 509.2 405.8 371.3 354.8 280.1 267.1 222.6 188.3 138.8 108.9 93.6 84.6 60.1
Total Assets 9,825.2 9,481.3 8,828.9 8,430.0 8,555.5 7,978.4 7,635.0 7,095.8 7,041.0 4,229.4 4,192.5 4,462.5 4,345.6 4,160.9 4,351.9 3,969.7 3,721.0 3,808.6 3,570.5 3,425.2 3,059.7 2,810.3 2,582.9 2,519.2 1,752.2 1,581.3 1,407.8 1,017.8 761.8 668.8 596.2 501.6 454.2 361.3 305.8 254.2 213.6 179.9 161.8 130.8
Current Liabilities
Account Payables 485.1 339.2 302.3 251.5 230.8 231.0 226.0 215.1 177.1 110.9 109.6 150.1 121.0 94.8 110.3 71.7 70.0 94.8 64.6 71.6 69.3 53.5 53.9 60.4 42.5 51.0 46.8 54.3 32.7 19.4 17.3 18.8 20.6 14 11.3 10.5 0 0 0 0
Short-Term Debt 0 449.6 0 311.6 899.1 0 312.3 0 362.9 250 0 0.5 8.2 225.6 1.3 0.6 0.6 1.1 4.1 4.3 7.3 10.5 28.3 18.4 20.6 16.6 16.4 11.7 8.3 6.6 10 15.7 4.5 6.9 10.1 6.5 3.9 4.8 6.9 4.2
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 225.1 206.2 222.1 152.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 702.4 624.3 588.2 547.2 370.8 262.3 279.3 253.5 271.2 186.9 158.0 238.3 214.4 149.9 79.8 66.9 0 0 70.8 95.4 74.7 83.7 69.5 73.2 92.8 167.8 148.9 136.1 105 76.6 67.7 57 40.1 31 32 29.8 34 28.3 23.3 18
Total Current Liabilities 1,644.5 1,828.5 1,230.1 1,432.9 1,934.1 885.2 1,127.7 775.9 1,130.9 815.6 621.1 630.1 556.3 670.9 434.1 383.7 292.0 367.2 403.0 411.8 356.5 325.7 304.8 312.6 250.9 235.4 212.1 159 116.1 102.6 95 91.5 65.2 51.9 53.4 46.8 37.9 33.1 30.2 22.2
Non-Current Liabilities
Long-Term Debt 2,425.0 2,025.9 2,486.4 2,483.9 1,642.8 2,539.7 2,537.5 2,535.3 2,770.6 1,050 1,300 1,300.5 1,301.0 1,059.2 1,284.8 785.4 786.1 942.7 877.1 794.5 465.3 473.7 534.8 703.2 220.9 254.4 283.6 180 111.5 117.9 120.3 84.2 103.6 67.8 58.9 43.6 36.9 48.6 51.1 41.2
Deferred Tax Liabilities 471.7 788.0 780.9 756.5 705.3 697.1 636.5 490.2 666.3 390.0 226.9 246.0 210.5 204.6 196.3 150.6 149.0 124.2 122.6 130.2 133.8 123.0 97.0 79.6 49.1 48.7 40.7 24.3 21.9 18.7 16.6 16.3 20.5 15.7 7.9 6.4 5 3.8 2.8 2.4
Other Non-Current Liabilities 420.8 375.7 329.3 319.4 454.6 498.5 330.5 277.9 170.5 136.7 112.0 92.9 76.4 87.1 134.0 116.0 101.0 120.3 0 (1.1) 2.4 0 0 0 0 0 0 0 (0.1) 0.1 0 (0.1) 0 0 0 0 (0.1) 0 0 0.2
Total Non-Current Liabilities 3,496.3 3,336.4 3,734.8 3,688.9 2,933.5 3,858.0 3,504.5 3,303.4 3,607.3 1,571.1 1,638.9 1,639.5 1,587.9 1,350.9 1,615.2 1,052.0 1,036.1 1,187.2 999.7 924.7 599.1 596.6 631.8 782.8 270.0 303.1 324.3 204.3 133.3 136.7 136.9 100.4 124.1 83.5 66.8 50 41.8 52.4 53.9 43.8
Total Liabilities 5,140.8 5,164.9 4,964.9 5,121.8 4,867.6 4,743.2 4,632.3 4,079.3 4,738.2 2,386.7 2,260.0 2,269.6 2,144.1 2,021.8 2,049.3 1,435.7 1,353.5 1,554.5 1,402.7 1,335.0 955.6 922.3 936.6 1,095.5 520.9 538.5 536.4 363.3 249.4 239.3 231.9 191.9 189.3 135.4 120.2 96.8 79.7 85.5 84.1 66
Stockholders' Equity
Common Stock 2,593.5 2,305.3 2,031.5 1,771.9 1,417.3 1,102.7 840.3 618.5 485.1 409.7 329.2 251.8 186.3 148.3 0 0 0 129.2 0 0 114.2 94.6 76.1 65.5 62.4 54.7 50 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 11,798.5 10,618.0 9,597.3 8,719.2 7,877.0 7,296.5 6,691.2 5,837.8 5,170.8 4,805.9 4,227.6 3,998.9 3,717.8 3,482.1 3,255.3 3,080.1 2,938.4 2,784.3 2,533.5 2,260.9 2,036.0 1,790.5 1,568.1 1,365.1 1,174.3 992.5 825.3 610 468.4 386.7 323.3 269.9 225.7 187.7 148.1 120.5 97.2 77.5 61.3 48.6
Accumulated Other Comprehensive Income 84.4 91.2 77.8 107.9 30.9 (153.4) (39.2) 16.3 (3.0) (24.9) (8.5) 28.4 38.1 36.7 58.8 36.1 25.3 52.3 37.1 42.4 12.2 2.9 2.1 (6.9) (5.4) (4.3) (3.8) (194.7) (132.8) (113.9) (105.4) (95.9) (82.2) (67.5) (44.7) (33.7) (27.9) (22.8) (17.6) (12.8)
Total Stockholders' Equity 4,684.5 4,316.4 3,864.0 3,308.2 3,687.8 3,235.2 3,002.7 3,016.5 2,302.8 1,842.7 1,932.5 2,192.9 2,201.5 2,139.1 2,302.6 2,534.0 2,367.4 2,254.1 2,167.7 2,088.0 2,104.1 1,888.0 1,646.3 1,423.8 1,231.3 1,042.9 871.4 654.5 512.4 429.5 364.3 309.7 264.9 225.9 185.6 157.4 133.9 94.4 77.7 64.8
Total Liabilities & Equity 9,825.2 9,481.3 8,828.9 8,430.0 8,555.5 7,978.4 7,635.0 7,095.8 7,041.0 4,229.4 4,192.5 4,462.5 4,345.6 4,160.9 4,351.9 3,969.7 3,721.0 3,808.6 3,570.5 3,425.2 3,059.7 2,810.3 2,582.9 2,519.2 1,752.2 1,581.3 1,407.8 1,017.8 761.8 668.8 596.2 501.6 454.2 361.3 305.8 254.2 213.6 179.9 161.8 130.8
Debt Metrics
Total Debt 2,654.5 2,668.1 2,668.4 2,968.4 2,716.5 2,705.4 2,849.8 2,535.3 3,133.5 1,300 1,300 1,301.0 1,309.2 1,284.8 1,286.1 786.1 786.7 943.8 881.2 798.7 472.6 484.2 563.0 721.6 241.5 271.0 300 188.1 118.2 124.5 130.3 99.9 108.1 74.7 69 50.1 40.8 53.4 58 45.4
Net Debt 2,390.5 2,326.1 2,544.2 2,878.0 2,222.9 2,560.0 2,753.1 2,396.6 2,964.3 1,160.6 882.9 787.7 956.9 945.0 848.0 374.8 656.9 877.6 845.9 759.8 429.4 396.9 530.8 681.0 167.8 218.8 284.2 175.4 104 115.4 123.6 91.5 93.9 65.9 63.5 43.7 10.7 34.5 31.1 11.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990
Operating Activities
Net Income 1,812.3 1,571.6 1,348.0 1,235.8 1,111.0 876.0 885.0 842.6 480.7 693.5 430.6 374.4 315.4 297.6 247.0 215.6 226.4 335.4 334.5 327.2 300.5 272.2 249.3 234.3 222.5 193.4 138.9 122.9 90.8 75.2 62.7 52.2 44.9 36.5 31.4 26.6
Depreciation & Amortization 494.2 442.4 409.2 399.7 388.0 379.1 360.1 279.4 196.6 165.3 155.1 190.9 189.4 155.8 193.5 152.1 157.6 191.9 175.9 160.7 148.2 143.3 143.1 120.0 112.1 99.5 90.2 57.2 47.7 43.1 37.7 35.1 23.1 19.4 16.4 12.3
Stock-Based Compensation 128.3 117.0 103.6 109.3 112.0 115.4 139.2 112.8 88.9 79.3 47.0 29.9 23.3 20.3 15.2 15.3 12.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (243.7) (22.3) (286.2) (217.0) (191.1) (72.0) (275.6) (55.0) (81.3) (43.1) (16.8) 29.9 (23.4) (99.0) (162.7) 124.2 37.4 8.1 (65.2) (26.2) (38.7) 78.4 (69.3) 2.5 (96.0) (52.2) (38) (73.2) (30.5) (12.2) (25.9) (16.5) (4.4) (3.3) (15) (4.3)
Other Non-Cash Items (19.3) 0 0 (42.3) (16.9) 9.2 (72.6) (96.4) 75.1 (369.9) (56.5) (64.2) 0 38.3 0 41.1 91.4 0 4.5 0 0 0 0 0 0 0 13.4 (0.1) 0.1 0 0.8 0.6 10.4 8 8.1 7.2
Operating Cash Flow 2,165.9 2,079.8 1,597.8 1,537.6 1,360.7 1,291.5 1,067.9 964.2 763.9 465.8 580.3 608.0 552.7 469.9 340.9 561.6 523.5 544.5 449.4 461.9 414.2 509.7 330.7 377.4 247.0 258.0 203.1 118.7 116.4 112.4 75.3 71.4 81.6 63.2 43.9 43.1
Investing Activities
Capital Expenditure (408.9) (409.5) (331.1) (240.7) (143.5) (230.3) (276.7) (271.7) (273.3) (275.4) (217.7) (145.6) (196.5) (160.8) (182.6) (111.1) (160.1) (190.3) (180.8) (156.6) (140.7) (112.9) (115.0) (107.3) (147.4) (161.4) (186.8) (110.7) (67.8) (56.8) (58.9) (37.2) (29.7) (31.6) (56) (41.5)
Acquisitions (232.9) (186.8) (46.4) (164.2) (10.0) (53.7) (6.6) 108.5 (2,074.1) 459.6 176.2 145.9 (69.4) (24.9) (171.6) (50.4) (30.9) (111.5) (160.7) (346.4) (109.1) (101.7) (37.2) (732.2) (30.5) (25.0) 19.9 0 0.7 1.7 2.3 1.3 0.3 2 0.3 1.2
Purchases of Investments (7.2) (7.5) (4.6) (6.1) (4.3) (10.0) (17.8) (153.7) (181.1) (494.1) (195.5) (65.9) (178.5) (585.7) (78.3) (81.3) (128.4) (54.5) (48.5) (25.6) (202.3) (189.6) (4.8) (165.4) (40.5) (98.2) (225.2) (116.8) (64.5) (108.9) (182.7) (58.6) (47.3) (18.2) (12.1) (33.3)
Sales/Maturities of Investments 0 0 331.1 0 143.5 230.3 73.3 179.9 218.3 434.2 161.9 54.2 161.5 665.0 139.1 34.7 116.4 45.8 118.2 87.5 103.0 48.1 23.8 157.4 61.6 112.9 235.4 117.3 49.3 74.2 196.2 47.1 20.7 16.1 23.2 35
Other Investing Activities 25.3 (4.8) (337.7) 8.3 (122.9) (221.6) (7.8) 1.4 (0.2) 4.1 120.0 (5.2) (1.3) 2.0 (5.2) 4.6 (0.3) (0.4) (1.8) 1.1 (1.7) 12.3 (3.1) (1.9) (4.6) 14.8 (2.8) (1.9) (9.3) (4.4) (48.9) (14.5) (47.8) (20.5) (14.6) (6.5)
Investing Cash Flow (623.6) (608.6) (388.7) (402.6) (137.2) (285.4) (235.6) (135.7) (2,310.3) 128.4 45.0 (16.5) (284.2) (104.3) (298.6) (203.5) (203.2) (311.0) (273.7) (440.0) (350.7) (343.8) (136.2) (849.3) (161.4) (156.9) (159.5) (112.1) (91.6) (94.2) (92) (61.9) (103.8) (52.2) (59.2) (45.1)
Financing Activities
Net Debt Issuance (53.1) (13.4) (50) 251.7 0 (312.5) 312.5 (600.5) 1,732.7 (0.0) (0.5) (8.2) 24.4 (1.3) 500.1 (0.6) (157.1) 62.6 82.5 326.2 (10.6) (68.8) (172.9) 479.6 (33.4) (36.9) (19.7) 47.8 (8.4) 1.2 30.4 (8.3) 32.7 (5.2) 18 6.8
Stock Repurchased (934.8) (700.0) (398.9) (1,525.9) (554.1) (464.5) (1,016.3) (127.3) (20.7) (780.2) (552.0) (370.6) (215.7) (392.3) (443.7) (1.0) (25.8) (191.5) (198.9) (323.4) (58.2) 0 0 0 0 0 0 0 0 0 (7.1) 0 0 0 0 0
Dividends Paid (611.6) (530.9) (449.9) (375.1) (451.3) (268.0) (220.8) (175.6) (142.4) (115.3) (201.9) (93.3) (79.7) (70.8) (71.8) (74.0) (72.2) (70.8) (62.0) (58.8) (55.0) (49.6) (46.0) (42.5) (37.2) (31.2) (24.9) (17.6) (14.5) (11.8) (9.4) (8) (6.5) (5.1) (4.1) (3.3)
Other Financing Activities (20.4) (9.1) (274.1) 111.3 (4.4) (0.8) 51.3 39.3 8.9 28.7 1.6 42.4 15.0 3.9 (4.6) (1.0) 0.9 (3.0) (11.6) 16.4 6.4 1.7 10.3 (1.6) 0.6 0.0 1.1 (7.9) (16.6) (6) 0 0 0.7 0.7 0.2 0.1
Financing Cash Flow (1,619.0) (1,253.5) (1,172.8) (1,537.9) (879.9) (955.2) (873.3) (864.1) 1,578.5 (866.7) (712.6) (429.7) (256.1) (460.6) (20.0) (76.5) (254.3) (202.7) (179.2) (26.1) (107.6) (110.8) (202.9) 438.8 (64.0) (64.7) (41.2) (10.3) (19.7) (15.8) 15 (15.2) 27.6 (9.3) 14.3 3.8
Cash Position
Net Change in Cash (78.0) 217.9 33.7 (403.2) 348.2 48.8 (42.1) (30.5) 29.9 (277.7) (96.2) 161.0 12.4 (98.3) 26.8 281.5 63.5 30.9 (3.6) (4.3) (44.2) 55.1 (8.4) (33.1) 21.5 36.4 2.4 (3.7) 5.1 2.4 (1.7) (5.7) 5.4 1.7 (1) 1.8
Cash at Beginning 342.0 124.1 90.5 493.6 145.4 96.6 138.7 169.3 139.4 417.1 513.3 352.3 339.8 438.1 411.3 129.7 66.2 35.4 38.9 43.2 87.4 32.2 40.6 73.7 52.2 15.8 13.4 16.4 9.1 6.7 8.4 14.2 8.8 7.1 6.4 4.7
Cash at End 264.0 342.0 124.1 90.5 493.6 145.4 96.6 138.7 169.3 139.4 417.1 513.3 352.3 339.8 438.1 411.3 129.7 66.2 35.4 38.9 43.2 87.4 32.2 40.6 73.7 52.2 15.8 12.7 14.2 9.1 6.7 8.5 14.2 8.8 5.4 6.5
Free Cash Flow 1,757.0 1,670.3 1,266.7 1,297.0 1,217.3 1,061.2 791.1 692.5 490.6 190.5 362.6 462.4 356.3 309.1 158.3 450.5 363.4 354.2 268.6 305.3 273.5 396.8 215.7 270.1 99.5 96.6 16.3 8 48.6 55.6 16.4 34.2 51.9 31.6 (12.1) 1.6
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986
Income Statement
Revenue 10,340.2 9,596.6 8,815.8 7,854.5 7,116.3 7,085.1 6,892.3 6,476.6 5,323.4 4,905.5 4,476.9 4,551.8 4,316.5 4,102 3,810.4 3,547.3 3,774.7 3,937.9 3,706.9 3,403.6 3,067.3 2,814.1 2,686.6 2,271.1 2,160.7 1,902.0 1,751.6 1,198.3 839.9 730.1 615.1 523.2 452.7 401.6 322.5 284.5 243.6 204.5 163.4 123.7
Gross Profit 5,174.2 4,686.4 4,173.4 3,632.2 3,314.7 3,233.7 3,128.6 2,908.5 2,380.3 2,129.9 1,921.3 1,914.4 1,787.1 1,738.6 1,609.3 1,497.8 1,550.9 1,681.6 1,581.4 1,454.8 1,304.8 1,186.5 1,119.2 957.4 896.3 879.1 775.1 545.3 387 336.4 281.5 245 206.2 177.7 145.4 125 106.1 90.3 73.2 53.7
Operating Income 2,359.7 2,068.6 1,802.7 1,587.4 1,385.5 1,162.7 1,133.5 949.8 773.7 781.7 696.4 567.0 565.2 539.6 440.3 390.8 409.1 577.5 577.4 546.8 494.5 458.9 423.8 376.9 367.2 323.8 281.3 200.9 150.4 128.8 106.1 90.5 77 63.2 50.1 42.9 36.7 30.3 27.1 20.9
Net Income 1,812.3 1,571.6 1,348.0 1,235.8 1,111.0 876.0 885.0 842.6 480.7 693.5 430.6 374.4 315.4 297.6 247.0 215.6 226.4 335.4 334.5 327.2 300.5 272.2 249.3 234.3 222.5 193.4 138.9 122.9 90.8 75.2 62.7 52.2 44.9 39.2 31.4 26.6 22.1 17.2 13.9 11.3
EPS (Diluted) 4.40 3.79 3.25 2.91 2.56 2.03 2.02 1.92 1.10 1.55 0.91 0.76 0.63 0.57 0.42 0.35 0.37 0.54 0.52 0.48 0.42 0.39 0.36 0.34 0.33 0.28 0.21 0.21 0.18 0.15 0.11 0.09 0.08 0.07 0.06 0.05 0.05 0.04 0.03 0.03
Balance Sheet
Cash & Equivalents 264.0 342.0 124.1 90.5 493.6 145.4 96.6 138.7 169.3 139.4 417.1 513.3 352.3 339.8 438.1 411.3 129.7 66.2 35.4 38.9 43.2 87.4 32.2 40.6 73.7 52.2 15.8 12.7 14.2 9.1 6.7 8.4 14.2 8.8 5.5 6.4 30.1 18.9 26.9 33.7
Total Assets 9,825.2 9,481.3 8,828.9 8,430.0 8,555.5 7,978.4 7,635.0 7,095.8 7,041.0 4,229.4 4,192.5 4,462.5 4,345.6 4,160.9 4,351.9 3,969.7 3,721.0 3,808.6 3,570.5 3,425.2 3,059.7 2,810.3 2,582.9 2,519.2 1,752.2 1,581.3 1,407.8 1,017.8 761.8 668.8 596.2 501.6 454.2 361.3 305.8 254.2 213.6 179.9 161.8 130.8
Total Debt 2,654.5 2,668.1 2,668.4 2,968.4 2,716.5 2,705.4 2,849.8 2,535.3 3,133.5 1,300 1,300 1,301.0 1,309.2 1,284.8 1,286.1 786.1 786.7 943.8 881.2 798.7 472.6 484.2 563.0 721.6 241.5 271.0 300 188.1 118.2 124.5 130.3 99.9 108.1 74.7 69 50.1 40.8 53.4 58 45.4
Stockholders' Equity 4,684.5 4,316.4 3,864.0 3,308.2 3,687.8 3,235.2 3,002.7 3,016.5 2,302.8 1,842.7 1,932.5 2,192.9 2,201.5 2,139.1 2,302.6 2,534.0 2,367.4 2,254.1 2,167.7 2,088.0 2,104.1 1,888.0 1,646.3 1,423.8 1,231.3 1,042.9 871.4 654.5 512.4 429.5 364.3 309.7 264.9 225.9 185.6 157.4 133.9 94.4 77.7 64.8
Cash Flow
Operating Cash Flow 2,165.9 2,079.8 1,597.8 1,537.6 1,360.7 1,291.5 1,067.9 964.2 763.9 465.8 580.3 608.0 552.7 469.9 340.9 561.6 523.5 544.5 449.4 461.9 414.2 509.7 330.7 377.4 247.0 258.0 203.1 118.7 116.4 112.4 75.3 71.4 81.6 63.2 43.9 43.1
Capital Expenditure (408.9) (409.5) (331.1) (240.7) (143.5) (230.3) (276.7) (271.7) (273.3) (275.4) (217.7) (145.6) (196.5) (160.8) (182.6) (111.1) (160.1) (190.3) (180.8) (156.6) (140.7) (112.9) (115.0) (107.3) (147.4) (161.4) (186.8) (110.7) (67.8) (56.8) (58.9) (37.2) (29.7) (31.6) (56) (41.5)
Free Cash Flow 1,757.0 1,670.3 1,266.7 1,297.0 1,217.3 1,061.2 791.1 692.5 490.6 190.5 362.6 462.4 356.3 309.1 158.3 450.5 363.4 354.2 268.6 305.3 273.5 396.8 215.7 270.1 99.5 96.6 16.3 8 48.6 55.6 16.4 34.2 51.9 31.6 (12.1) 1.6