DHI - D.R. Horton, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$163.86
DETAILS
HIGH:
$190.00
LOW:
$129.00
MEDIAN:
$163.00
CONSENSUS:
$163.86
UPSIDE:
14.01%
| 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 | 34,250.4 | 36,801.4 | 35,460.4 | 33,480 | 27,774.2 | 20,311.1 | 17,592.9 | 16,068 | 14,091 | 12,157.4 | 10,824 | 8,024.9 | 6,259.3 | 4,354 | 3,636.8 | 4,400.2 | 3,657.6 | 6,646.1 | 11,296.5 | 15,051.3 | 13,863.7 | 10,840.8 | 8,728.1 | 6,738.8 | 4,455.5 | 3,653.7 | 3,156.2 | 2,176.9 | 837.3 | 547.3 | 437.4 | 393.3 | 190.1 |
| Cost of Revenue | 26,134.2 | 27,266 | 26,110 | 22,975.9 | 19,899.2 | 15,373.2 | 13,720.9 | 12,398.1 | 11,042.8 | 9,502.6 | 8,535.7 | 6,268.6 | 4,853.5 | 3,492.4 | 3,023.3 | 3,627.6 | 3,538.7 | 8,281.8 | 10,485.1 | 11,418.3 | 10,140.3 | 8,197.3 | 6,805.8 | 5,364.4 | 3,527.1 | 2,916.6 | 2,539.9 | 1,755.8 | 680.9 | 446.5 | 357.7 | 324.9 | 155.2 |
| Gross Profit | 8,116.2 | 9,535.4 | 9,350.4 | 10,504.1 | 7,875 | 4,937.9 | 3,872 | 3,669.9 | 3,048.2 | 2,654.8 | 2,288.3 | 1,756.3 | 1,405.8 | 861.6 | 613.5 | 772.6 | 118.9 | (1,635.7) | 811.4 | 3,633 | 3,723.4 | 2,643.5 | 1,922.3 | 1,374.4 | 928.4 | 737.1 | 616.3 | 421.1 | 156.4 | 100.8 | 79.7 | 68.4 | 34.9 |
| 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 | 3,692 | 3,421.5 | 3,109.1 | 2,795.7 | 2,483.8 | 1,983.4 | 1,817.2 | 1,629.5 | 1,383.8 | 1,270.7 | 1,142.6 | 946.5 | 766.3 | 614.2 | 556.3 | 599.2 | 601.1 | 891.9 | 1,295.3 | 1,658.8 | 1,374.2 | 1,080 | 915.4 | 714.5 | 479.4 | 395.9 | 322.1 | 231.6 | 89.5 | 53.9 | 44.5 | 39.1 | 20.8 |
| Other 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 | 24.5 | 20.8 | 9.8 | 4.4 | 2.6 | 2 | 1.2 | 0.4 |
| Operating Expenses | 3,692 | 3,421.5 | 3,109.1 | 2,795.7 | 2,483.8 | 1,983.4 | 1,817.2 | 1,629.5 | 1,383.8 | 1,270.7 | 1,142.6 | 946.5 | 766.3 | 614.2 | 556.3 | 599.2 | 601.1 | 891.9 | 1,295.3 | 1,658.8 | 1,374.2 | 1,080 | 915.4 | 714.5 | 479.4 | 420.4 | 342.9 | 241.4 | 93.9 | 56.5 | 46.5 | 40.3 | 21.2 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 4,424.2 | 6,113.9 | 6,241.3 | 7,708.4 | 5,391.2 | 2,954.5 | 2,054.8 | 2,040.4 | 1,664.4 | 1,384.1 | 1,145.7 | 809.8 | 639.5 | 247.4 | 57.2 | 173.4 | (482.2) | (2,527.6) | (483.9) | 1,974.2 | 2,349.2 | 1,563.5 | 1,007.0 | 659.9 | 449.0 | 316.7 | 273.4 | 179.7 | 114.1 | 94.6 | 33.2 | 28.1 | 13.7 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.1 | 26.9 | 51.9 | 88.2 | 97.2 | 42.7 | 23.6 | 55 | 21.2 | 9.3 | 5.2 | 6.0 | 8.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.5 | 13.5 | 12.5 | 10.2 | 8.5 | 10.2 | 9.6 | 10 | 10.4 | 11.4 | 38.5 | 6.9 | 3.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 4,841.2 | 6,371.8 | 6,406.3 | 7,711.1 | 5,430.2 | 3,063.4 | 2,197.3 | 2,122.4 | 1,656.8 | 1,414.5 | 1,177.5 | 852.6 | 685.6 | 288.6 | 83.9 | 204.9 | (429.4) | (2,535.9) | (863.2) | 2,098.6 | 2,452.6 | 1,633.7 | 1,052.8 | 700.5 | 485.0 | 341.2 | 294.2 | 189.5 | 121.8 | 100.4 | 35.2 | 29.3 | 14.1 |
| EBIT | 4,739.9 | 6,284.7 | 6,314.7 | 7,629.7 | 5,356.3 | 2,983 | 2,125.3 | 2,060 | 1,602.1 | 1,353.5 | 1,123.4 | 814.2 | 662.9 | 269.8 | 64 | 187.7 | (455.1) | (2,589.1) | (927.6) | 2,042.1 | 2,399.8 | 1,584.1 | 1,007.0 | 659.9 | 449.0 | 316.7 | 273.4 | 179.7 | 114.1 | 94.6 | 33.2 | 28.1 | 13.7 |
| Income Before Tax | 4,739.9 | 6,284.7 | 6,314.7 | 7,629.7 | 5,356.3 | 2,983 | 2,125.3 | 2,060 | 1,602.1 | 1,353.5 | 1,123.4 | 814.2 | 657.8 | 242.9 | 12.1 | 99.5 | (552.3) | (2,631.8) | (951.2) | 1,987.1 | 2,378.6 | 1,582.9 | 1,008.2 | 647.5 | 407.8 | 309.2 | 263.8 | 159.1 | 108.6 | 89.8 | 32.5 | 28.6 | 14 |
| Income Tax Expense | 1,119 | 1,478.7 | 1,519.5 | 1,734.1 | 1,165.1 | 602.5 | 506.7 | 597.7 | 563.7 | 467.2 | 372.7 | 280.7 | 195.1 | (713.4) | (59.7) | (145.6) | (7) | 1.8 | (238.7) | 753.8 | 908.1 | 607.8 | 382.2 | 242.8 | 152.9 | 117.5 | 104 | 65.7 | 43.6 | 36.6 | 12 | 10.9 | 5.1 |
| Net Income | 3,585.2 | 4,756.4 | 4,745.7 | 5,857.5 | 4,175.8 | 2,373.7 | 1,618.5 | 1,460.3 | 1,038.4 | 886.3 | 750.7 | 533.5 | 462.7 | 956.3 | 71.8 | 245.1 | (545.3) | (2,633.6) | (712.5) | 1,233.3 | 1,470.5 | 975.1 | 626.0 | 404.7 | 257.0 | 191.7 | 159.8 | 93.4 | 65 | 46.3 | 20.5 | 17.7 | 8.9 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 11.62 | 14.44 | 13.93 | 16.65 | 11.56 | 6.49 | 4.34 | 3.88 | 2.77 | 2.39 | 2.05 | 1.57 | 1.44 | 3.01 | 0.23 | 0.77 | -1.72 | -8.34 | -2.27 | 3.94 | 4.71 | 3.14 | 1.35 | 1.51 | 1.13 | 0.85 | 0.64 | 0.46 | 0.35 | 0.24 | 0.19 | 0.18 | 0.09 |
| EPS (Diluted) | 11.57 | 14.34 | 13.82 | 16.51 | 11.42 | 6.41 | 4.29 | 3.81 | 2.74 | 2.36 | 2.03 | 1.50 | 1.33 | 2.77 | 0.23 | 0.77 | -1.72 | -8.34 | -2.27 | 3.90 | 4.62 | 3.09 | 1.33 | 1.44 | 1.11 | 0.84 | 0.63 | 0.46 | 0.32 | 0.24 | 0.19 | 0.18 | 0.09 |
| Shares Outstanding | 308.5 | 329.5 | 340.7 | 351.7 | 361.1 | 365.5 | 372.6 | 376.6 | 374.3 | 371 | 366.3 | 340.5 | 322.1 | 318.1 | 318.3 | 318.1 | 316.9 | 315.7 | 314.1 | 313.0 | 312.2 | 310.3 | 464.6 | 268.9 | 226.8 | 225.6 | 247.9 | 202.7 | 135.5 | 114.0 | 107.6 | 99.0 | 100.8 |
| 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 | 2,985.4 | 4,516.4 | 3,873.6 | 2,540.5 | 3,210.4 | 3,018.5 | 1,494.3 | 1,473.1 | 1,007.8 | 1,303.2 | 1,957.3 | 1,387.3 | 518 | 582.9 | 104.3 | 239.3 | 72.5 | 128.6 | 76.8 | 78.2 | 32.5 | 16.7 | 11.2 | 19.9 |
| Short-Term Investments | 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 | 458.9 | 421.4 | 426.9 | 423.1 | 321.7 | 271.4 | 218 | 136.3 | 134.4 | 219.7 | 293.1 | 676.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 25,287.3 | 24,903.2 | 22,373.3 | 21,655.7 | 16,479.1 | 12,237.4 | 11,282 | 10,395 | 9,237.1 | 8,340.9 | 3,663 | 4,683.2 | 6,567.4 | 5,082.3 | 4,343.1 | 2,804.4 | 2,191.0 | 1,866.1 | 1,358 | 1,024.3 | 345.3 | 282.9 | 204 | 129 |
| Other Current Assets | 5,276.6 | 4,787 | 4,406 | 4,104.1 | 3,133.9 | 2,223.9 | 1,651.3 | 1,274.5 | 916 | 752.2 | 12.7 | (676.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 34,142.7 | 34,745.9 | 31,172.8 | 28,800.8 | 23,196.7 | 17,797.2 | 14,695.2 | 13,315.8 | 11,326.1 | 10,645.5 | 5,968.6 | 6,070.5 | 7,085.4 | 5,665.2 | 4,447.4 | 3,043.7 | 2,263.6 | 1,994.7 | 1,434.8 | 1,102.5 | 377.8 | 299.6 | 215.2 | 148.9 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 85.9 | 70 | 64.6 | 144.4 | 114.6 | 104.4 | 56.9 | 39.2 | 52 | 252.3 | 57.8 | 65.9 | 91.9 | 81.7 | 71.9 | 53.1 | 39.0 | 37 | 25.5 | 17 | 5.6 | 5.4 | 4.5 | 2.8 |
| Goodwill | 163.5 | 163.5 | 163.5 | 163.5 | 163.5 | 163.5 | 163.5 | 109.2 | 80 | 80 | 15.9 | 15.9 | 578.9 | 578.9 | 579.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 27.1 | 5.9 | 11.1 | 10.6 | 4.1 | 17.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 136.2 | 116.0 | 112.5 | 56.8 | 37.7 | 4.3 | 3.1 | 2 | 0 |
| Long-Term Investments | 2,657.7 | 2,596.1 | 2,675.8 | 2,763.9 | 2,045.2 | 1,802.2 | 6.5 | 11 | 650.4 | 654 | 220.8 | 352.1 | 623.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | (1,650.2) | (1,644.6) | (1,692.6) | (1,673.2) | (1,663.5) | (1,117) | 521.4 | 445.4 | (288.9) | (549.2) | 493.5 | 991.7 | 605.7 | 953.6 | 919.0 | 419.2 | 276.1 | 217.6 | 150.7 | 91.1 | 15.2 | 10.7 | 9.2 | 7 |
| Total Non-Current Assets | 1,328.5 | 1,358.4 | 1,409.6 | 1,550.3 | 819.2 | 1,115.1 | 911.4 | 798.8 | 858.5 | 913.4 | 788 | 1,639.1 | 1,899.8 | 1,614.2 | 1,570.1 | 608.5 | 431.0 | 367.1 | 233 | 145.8 | 25.1 | 19.2 | 15.7 | 9.8 |
| Total Assets | 35,471.2 | 36,104.3 | 32,582.4 | 30,351.1 | 24,015.9 | 18,912.3 | 15,606.6 | 14,114.6 | 12,184.6 | 11,558.9 | 6,756.6 | 7,709.6 | 8,985.2 | 7,279.4 | 6,017.5 | 3,652.2 | 2,694.6 | 2,361.8 | 1,667.8 | 1,248.3 | 402.9 | 318.8 | 230.9 | 158.7 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 1,221.9 | 1,345.5 | 1,246.2 | 1,360.3 | 1,177 | 900.5 | 634 | 624.7 | 580.4 | 577.5 | 278.9 | 281.5 | 602 | 1,149.1 | 848.4 | 508.7 | 375.3 | 368.8 | 260.4 | 165.3 | 34.4 | 29.3 | 27.4 | 21.4 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,748.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 108.6 | 62.2 |
| Deferred Revenue | 81.5 | 99.7 | 147.1 | 224.2 | 193.4 | 93.1 | 57.7 | 58.1 | 51.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 169.9 | 0 | 0 |
| Total Current Liabilities | 1,962.9 | 2,036.5 | 2,083.5 | 2,192.9 | 1,802.3 | 1,209.5 | 853 | 851.6 | 723.9 | 690.6 | 1,210.9 | 4,844.8 | 1,358.9 | 1,149.1 | 848.4 | 508.7 | 375.3 | 368.8 | 260.4 | 165.3 | 34.4 | 199.2 | 136 | 83.6 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 5,965.5 | 5,917.7 | 5,094.5 | 6,066.9 | 5,412.4 | 4,283.3 | 3,399.4 | 3,203.5 | 2,871.6 | 3,271.3 | 3,277.3 | 0 | 3,499.2 | 2,963.1 | 2,878.3 | 1,884.3 | 1,344.4 | 1,190.6 | 854.5 | 650.9 | 169.9 | 0 | 0 | 0 |
| 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 | 2,735 | 2,272.4 | 2,218.4 | 2,257.8 | 1,548 | 1,167.9 | 1,001.4 | 862.6 | 789.7 | 749.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.1 | 0.3 | 21 | 13.5 | 10.3 | 9.2 |
| Total Non-Current Liabilities | 8,766.1 | 8,243.4 | 7,361 | 8,372.6 | 6,997.4 | 5,581.3 | 4,458.5 | 4,104.1 | 3,713.1 | 4,075.3 | 3,277.3 | 0 | 3,499.2 | 2,963.1 | 2,878.3 | 1,884.3 | 1,344.4 | 1,190.6 | 854.6 | 651.2 | 190.9 | 13.5 | 10.3 | 9.2 |
| Total Liabilities | 10,729 | 10,279.9 | 9,444.5 | 10,565.5 | 8,799.7 | 6,790.8 | 5,311.5 | 4,955.7 | 4,437 | 4,765.9 | 4,488.2 | 4,844.8 | 4,858.1 | 4,112.2 | 3,726.7 | 2,393.1 | 1,719.8 | 1,559.4 | 1,115 | 816.5 | 225.3 | 212.7 | 146.3 | 92.8 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 4 | 4 | 4 | 4 | 4 | 3.9 | 3.9 | 3.9 | 3.8 | 3.8 | 3.2 | 3.2 | 2.4 | 1.6 | 1.5 | 0.8 | 0.7 | 0.6 | 0.6 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 31,041.4 | 27,951 | 23,589.8 | 19,185.3 | 13,644.3 | 9,757.8 | 7,640.1 | 6,217.9 | 4,946 | 4,057.2 | 617.7 | 1,210.5 | 2,417.3 | 1,509.1 | 923.2 | 544.6 | 468.7 | 400.1 | 247.4 | 158.7 | 17.6 | 14.2 | 10.8 | 4.4 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (2.2) | (4.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 24,190.4 | 25,312.8 | 22,696.2 | 19,396.3 | 14,886.5 | 11,840 | 10,020.9 | 8,984.4 | 7,747.1 | 6,792.5 | 2,259.6 | 2,834.3 | 3,960.7 | 3,031.3 | 2,269.9 | 1,250.2 | 969.6 | 797.6 | 549.4 | 427.9 | 177.6 | 106.1 | 84.6 | 65.9 |
| Total Liabilities & Equity | 35,471.2 | 36,104.3 | 32,582.4 | 30,351.1 | 24,015.9 | 18,912.3 | 15,606.6 | 14,114.6 | 12,184.6 | 11,558.9 | 6,756.6 | 7,709.6 | 8,985.2 | 7,279.4 | 6,017.5 | 3,652.2 | 2,694.6 | 2,361.8 | 1,667.8 | 1,248.3 | 402.9 | 318.8 | 230.9 | 158.7 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 6,031.1 | 5,971 | 5,142.6 | 6,114.8 | 5,449.4 | 4,320.3 | 3,399.4 | 3,203.5 | 2,871.6 | 3,271.3 | 3,277.3 | 3,748.4 | 3,499.2 | 2,963.1 | 2,878.3 | 1,884.3 | 1,344.4 | 1,190.6 | 854.5 | 650.9 | 169.9 | 0 | 108.6 | 62.2 |
| Net Debt | 3,045.7 | 1,454.6 | 1,269 | 3,574.3 | 2,239 | 1,301.8 | 1,905.1 | 1,730.4 | 1,863.8 | 1,968.1 | 1,320 | 2,361.1 | 2,981.2 | 2,380.2 | 2,774.0 | 1,645.0 | 1,271.9 | 1,062 | 777.7 | 572.7 | 137.4 | (16.7) | 97.4 | 42.3 |
| 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 | 3,585.2 | 4,756.4 | 4,795.2 | 5,895.6 | 4,191.2 | 2,380.5 | 1,618.6 | 1,462.3 | 1,038.4 | 886.3 | 1,470.5 | 975.1 | 626.0 | 404.7 | 257.0 | 191.7 | 159.8 | 93.4 | 36.2 | 27.4 | 20.5 | 17.7 | 8.9 |
| Depreciation & Amortization | 101.3 | 87.1 | 91.6 | 81.4 | 73.9 | 80.4 | 72 | 62.4 | 54.7 | 61 | 57.1 | 55.5 | 45.9 | 40.6 | 36.1 | 24.5 | 20.8 | 9.8 | 4.4 | 2.6 | 2 | 1.2 | 0.4 |
| Stock-Based Compensation | 131 | 118.1 | 111.2 | 105.1 | 91.4 | 77.8 | 73.2 | 55.8 | 59.2 | 49 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (713.6) | (2,919.2) | (728.3) | (5,619.8) | (3,852) | (1,105) | (902.8) | (1,246.9) | (858.9) | (483.1) | (2,148.3) | (1,453.1) | (248.5) | (535.9) | (348.4) | (323.8) | (351.7) | (229.5) | (124) | (54.1) | (55.1) | (62.9) | (28.1) |
| Other Non-Cash Items | 193.8 | 128.4 | 80.3 | 70.4 | 39.9 | (26.2) | 11 | 40.7 | 30.9 | 29.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 1 | 0.3 | 0.2 | 0.3 | 0 | 0 |
| Operating Cash Flow | 3,420.9 | 2,189.8 | 4,304.1 | 561.8 | 534.4 | 1,421.6 | 892.1 | 545.2 | 435.1 | 618 | (620.7) | (422.5) | 423.3 | (90.6) | (55.3) | (107.5) | (170.9) | (125.3) | (83.1) | (23.9) | (32.3) | (44) | (18.8) |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (137.4) | (165.3) | (148.6) | (148.2) | (267.4) | (286.8) | (224.1) | (68.1) | (157.3) | (86.1) | (68.2) | (55.2) | (48.7) | (39.8) | (33.4) | (15.8) | (17.3) | (11.6) | (5.3) | (2.7) | (2.4) | (2.6) | (1.5) |
| Acquisitions | (53.1) | (40.4) | (212.9) | (271.5) | (24.5) | (5.4) | (311.4) | (141.7) | (4.1) | (82.2) | 0 | 0 | 0 | (153.8) | (61.9) | (11.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | (4.3) | (4.4) | (290.8) | (8.8) | 35.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 4.3 | 4.4 | 7.3 | 6.2 | 35.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (115.6) | 15.1 | 51.3 | 4.8 | 39.7 | 126.1 | 141.5 | 495.9 | (7) | (15.9) | 0 | 0 | 0 | 0.5 | (2.0) | (29.0) | (5.5) | (34) | (55.7) | (1.3) | (4.6) | (3.5) | 0 |
| Investing Cash Flow | (168.7) | (190.6) | (310.2) | (414.9) | (252.2) | (166.1) | (394) | 2.6 | (171) | (112.6) | (68.2) | (55.2) | (48.7) | (193.1) | (97.3) | (56.4) | (22.8) | (45.6) | (61) | (4) | (7) | (6.1) | (1.5) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | 750.6 | 894.7 | (1,061.6) | 572.5 | 1,077.3 | 906.9 | 93.3 | 199.5 | (410.3) | (549.7) | 1,392.4 | 464.3 | 191.3 | 162.5 | 320.6 | 127.7 | 271.5 | 169.2 | 147.2 | 3.9 | 44.1 | 40.5 | 30.7 |
| Stock Repurchased | (4,281.6) | (1,787.5) | (1,234.6) | (1,193.5) | (926.9) | (398.6) | (499.5) | (137.8) | (65.7) | (5.9) | 0 | 0 | (58.9) | 0 | 0 | (14.5) | (22.4) | 0 | (2.6) | 0 | 0 | 0 | 0 |
| Dividends Paid | (494.8) | (395.2) | (341.2) | (316.5) | (289.3) | (256) | (223.4) | (188.4) | (149.6) | (118.7) | (96.5) | (66.9) | (40.1) | (26.1) | (13.7) | (9.3) | (7.1) | (4.7) | (2.1) | (1.4) | 0 | 0 | 0 |
| Other Financing Activities | (737.1) | (3.1) | (29.3) | 126.3 | 53.8 | 18.3 | 139.5 | 44.2 | 66.1 | 88.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | (29) | (3.7) | 0 | 0 | (0.1) |
| Financing Cash Flow | (4,762.9) | (1,355.3) | (2,666.7) | (811.2) | (85.1) | 270.6 | (490.1) | (82.5) | (559.5) | (586) | 1,320.7 | 412.8 | 103.9 | 148.8 | 319.3 | 107.9 | 245.6 | 169.4 | 155.6 | 43.7 | 44.9 | 41.4 | 31.7 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | (1,510.7) | 643.9 | 1,327.2 | (664.3) | 197.1 | 1,526.1 | 8 | 465.3 | (295.4) | (80.6) | 631.8 | (64.9) | 478.6 | (134.9) | 166.8 | (56.0) | 51.8 | (1.5) | 11.5 | 15.8 | 5.6 | (8.7) | 11.4 |
| Cash at Beginning | 4,544 | 3,900.1 | 2,572.9 | 3,237.2 | 3,040.1 | 1,514 | 1,506 | 1,007.8 | 1,303.2 | 1,383.8 | 518 | 582.9 | 104.3 | 239.3 | 72.5 | 128.6 | 76.8 | 78.2 | 32.5 | 16.7 | 11.2 | 19.9 | 8.5 |
| Cash at End | 3,033.3 | 4,544 | 3,900.1 | 2,572.9 | 3,237.2 | 3,040.1 | 1,514 | 1,473.1 | 1,007.8 | 1,303.2 | 1,149.8 | 518 | 582.9 | 104.3 | 239.3 | 72.5 | 128.6 | 76.7 | 44 | 32.5 | 16.8 | 11.2 | 19.9 |
| Free Cash Flow | 3,283.5 | 2,024.5 | 4,155.5 | 413.6 | 267 | 1,134.8 | 668 | 477.1 | 277.8 | 531.9 | (688.9) | (477.7) | 374.7 | (130.4) | (88.7) | (123.3) | (188.2) | (136.9) | (88.4) | (26.6) | (34.7) | (46.6) | (20.3) |
| 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 | 34,250.4 | 36,801.4 | 35,460.4 | 33,480 | 27,774.2 | 20,311.1 | 17,592.9 | 16,068 | 14,091 | 12,157.4 | 10,824 | 8,024.9 | 6,259.3 | 4,354 | 3,636.8 | 4,400.2 | 3,657.6 | 6,646.1 | 11,296.5 | 15,051.3 | 13,863.7 | 10,840.8 | 8,728.1 | 6,738.8 | 4,455.5 | 3,653.7 | 3,156.2 | 2,176.9 | 837.3 | 547.3 | 437.4 | 393.3 | 190.1 |
| Gross Profit | 8,116.2 | 9,535.4 | 9,350.4 | 10,504.1 | 7,875 | 4,937.9 | 3,872 | 3,669.9 | 3,048.2 | 2,654.8 | 2,288.3 | 1,756.3 | 1,405.8 | 861.6 | 613.5 | 772.6 | 118.9 | (1,635.7) | 811.4 | 3,633 | 3,723.4 | 2,643.5 | 1,922.3 | 1,374.4 | 928.4 | 737.1 | 616.3 | 421.1 | 156.4 | 100.8 | 79.7 | 68.4 | 34.9 |
| Operating Income | 4,424.2 | 6,113.9 | 6,241.3 | 7,708.4 | 5,391.2 | 2,954.5 | 2,054.8 | 2,040.4 | 1,664.4 | 1,384.1 | 1,145.7 | 809.8 | 639.5 | 247.4 | 57.2 | 173.4 | (482.2) | (2,527.6) | (483.9) | 1,974.2 | 2,349.2 | 1,563.5 | 1,007.0 | 659.9 | 449.0 | 316.7 | 273.4 | 179.7 | 114.1 | 94.6 | 33.2 | 28.1 | 13.7 |
| Net Income | 3,585.2 | 4,756.4 | 4,745.7 | 5,857.5 | 4,175.8 | 2,373.7 | 1,618.5 | 1,460.3 | 1,038.4 | 886.3 | 750.7 | 533.5 | 462.7 | 956.3 | 71.8 | 245.1 | (545.3) | (2,633.6) | (712.5) | 1,233.3 | 1,470.5 | 975.1 | 626.0 | 404.7 | 257.0 | 191.7 | 159.8 | 93.4 | 65 | 46.3 | 20.5 | 17.7 | 8.9 |
| EPS (Diluted) | 11.57 | 14.34 | 13.82 | 16.51 | 11.42 | 6.41 | 4.29 | 3.81 | 2.74 | 2.36 | 2.03 | 1.50 | 1.33 | 2.77 | 0.23 | 0.77 | -1.72 | -8.34 | -2.27 | 3.90 | 4.62 | 3.09 | 1.33 | 1.44 | 1.11 | 0.84 | 0.63 | 0.46 | 0.32 | 0.24 | 0.19 | 0.18 | 0.09 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 2,985.4 | 4,516.4 | 3,873.6 | 2,540.5 | 3,210.4 | 3,018.5 | 1,494.3 | 1,473.1 | 1,007.8 | 1,303.2 | 1,957.3 | 1,387.3 | 518 | 582.9 | 104.3 | 239.3 | 72.5 | 128.6 | 76.8 | 78.2 | 32.5 | 16.7 | 11.2 | 19.9 | |||||||||
| Total Assets | 35,471.2 | 36,104.3 | 32,582.4 | 30,351.1 | 24,015.9 | 18,912.3 | 15,606.6 | 14,114.6 | 12,184.6 | 11,558.9 | 6,756.6 | 7,709.6 | 8,985.2 | 7,279.4 | 6,017.5 | 3,652.2 | 2,694.6 | 2,361.8 | 1,667.8 | 1,248.3 | 402.9 | 318.8 | 230.9 | 158.7 | |||||||||
| Total Debt | 6,031.1 | 5,971 | 5,142.6 | 6,114.8 | 5,449.4 | 4,320.3 | 3,399.4 | 3,203.5 | 2,871.6 | 3,271.3 | 3,277.3 | 3,748.4 | 3,499.2 | 2,963.1 | 2,878.3 | 1,884.3 | 1,344.4 | 1,190.6 | 854.5 | 650.9 | 169.9 | 0 | 108.6 | 62.2 | |||||||||
| Stockholders' Equity | 24,190.4 | 25,312.8 | 22,696.2 | 19,396.3 | 14,886.5 | 11,840 | 10,020.9 | 8,984.4 | 7,747.1 | 6,792.5 | 2,259.6 | 2,834.3 | 3,960.7 | 3,031.3 | 2,269.9 | 1,250.2 | 969.6 | 797.6 | 549.4 | 427.9 | 177.6 | 106.1 | 84.6 | 65.9 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 3,420.9 | 2,189.8 | 4,304.1 | 561.8 | 534.4 | 1,421.6 | 892.1 | 545.2 | 435.1 | 618 | (620.7) | (422.5) | 423.3 | (90.6) | (55.3) | (107.5) | (170.9) | (125.3) | (83.1) | (23.9) | (32.3) | (44) | (18.8) | ||||||||||
| Capital Expenditure | (137.4) | (165.3) | (148.6) | (148.2) | (267.4) | (286.8) | (224.1) | (68.1) | (157.3) | (86.1) | (68.2) | (55.2) | (48.7) | (39.8) | (33.4) | (15.8) | (17.3) | (11.6) | (5.3) | (2.7) | (2.4) | (2.6) | (1.5) | ||||||||||
| Free Cash Flow | 3,283.5 | 2,024.5 | 4,155.5 | 413.6 | 267 | 1,134.8 | 668 | 477.1 | 277.8 | 531.9 | (688.9) | (477.7) | 374.7 | (130.4) | (88.7) | (123.3) | (188.2) | (136.9) | (88.4) | (26.6) | (34.7) | (46.6) | (20.3) | ||||||||||