Emerson Electric Co. logo EMR - Emerson Electric Co.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 21
HOLD 17
SELL 3
STRONG
SELL
0
| PRICE TARGET: $163.92 DETAILS
HIGH: $185.00
LOW: $144.00
MEDIAN: $168.00
CONSENSUS: $163.92
UPSIDE: 20.31%
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 18,016 17,492 15,165 13,804 12,932 16,785 18,372 17,408 15,264 14,522 16,249 17,733 24,669 24,412 24,222 21,039 20,102 24,807 22,131 19,734 17,305 15,615 13,958 13,748 15,311 15,544.8 14,269.5 13,447.2 12,298.6 11,149.9 10,012.9 8,607.2 8,173.8 7,706 7,427 7,573.4 7,071.3 6,651.5 6,170.3 4,952.9
Cost of Revenue 8,497 8,607 7,738 7,498 7,202 9,776 10,557 9,976 8,833 8,260 9,241 9,971 14,717 14,644 14,665 12,713 12,542 15,668 14,066 12,605 11,122 10,049 9,060 8,939 9,987 9,337.5 8,556.3 8,595.6 7,865.6 6,700.4 6,480.4 5,553 4,949.1 4,759.4 4,547.1 4,732.5 4,431.9 4,205.6 3,875.4 3,044.5
Gross Profit 9,519 8,885 7,427 6,306 5,730 7,009 7,815 7,432 6,431 6,262 7,008 7,762 9,952 9,768 9,557 8,326 7,560 9,139 8,065 7,129 6,183 5,566 4,898 4,809 5,324 6,207.3 5,713.2 4,851.6 4,433 4,449.5 3,532.5 3,054.2 3,224.7 2,946.6 2,879.9 2,840.9 2,639.4 2,445.9 2,294.9 1,908.4
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
SG&A Expenses 5,103 5,142 4,186 3,614 3,494 3,986 4,457 4,269 3,607 3,464 3,735 4,164 5,648 5,436 5,328 4,817 4,416 5,149 4,569 4,076 3,595 3,281 2,935 2,904 3,051 2,987.9 2,770.2 2,676.7 2,450.9 2,192 1,933.2 1,679.6 1,606.6 1,460.1 1,434.1 1,428.4 1,335.6 1,223.1 1,157.7 987.9
Other Expenses 884 1,077 482 336 277 239 238 211 136 84 94 95 298 360 342 0 0 211 63 47 28 21 0 0 0 678.5 637.5 0 0 464.6 0 0 340.7 295.2 294.4 269.3 230.8 227.3 214.3 163.6
Operating Expenses 5,987 6,219 4,668 3,950 3,771 4,225 4,695 4,480 3,743 3,548 3,829 4,259 5,946 5,796 5,670 4,817 4,416 5,360 4,632 4,123 3,623 3,302 2,935 2,904 3,051 3,666.4 3,407.7 2,676.7 2,450.9 2,656.6 1,933.2 1,679.6 1,947.3 1,755.3 1,728.5 1,697.7 1,566.4 1,450.4 1,372 1,151.5
Operating Income
Operating Income 3,532 2,666 2,759 2,356 1,959 2,784 3,120 2,952 2,688 2,714 3,179 3,503 4,006 3,972 3,887 3,509 3,144 3,779 3,433 3,006 2,560 2,264 1,963 1,905 2,273 2,540.9 2,305.5 2,174.9 1,982.1 1,792.9 1,599.3 1,374.6 1,277.4 1,191.3 1,151.4 1,143.2 1,073 995.5 922.9 756.9
Interest Expense 387 323 261 228 166 175 201 202 201 215 198 218 234 241 246 280 244 244 456 225 243 234 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 150 234 268 34 12 19 27 43 36 27 23 24 16 17 23 19 24 56 228 18 34 24 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 4,839 4,032 4,215 3,502 2,689 3,364 3,882 3,627 3,172 3,099 4,578 3,974 4,249 4,179 4,744 3,956 3,397 4,542 4,089 3,613 3,122 2,821 2,497 2,446 2,982 3,219.4 2,943 2,737.4 2,493.7 2,257.5 2,008.2 1,739.1 1,618.1 1,486.5 1,445.8 1,412.5 1,303.8 1,222.8 1,137.2 920.5
EBIT 3,321 2,343 3,164 2,660 1,927 2,510 3,060 2,869 2,536 2,531 4,005 3,405 3,430 3,356 3,877 3,140 2,670 3,835 3,433 3,006 2,560 2,264 1,963 1,905 2,273 2,540.9 2,305.5 2,174.9 1,982.1 1,792.9 1,599.3 1,374.6 1,277.4 1,191.3 1,151.4 1,143.2 1,073 995.5 922.9 756.9
Income Before Tax 2,934 2,020 2,903 2,432 1,762 2,335 2,859 2,667 2,335 2,316 3,807 3,191 3,196 3,115 3,631 2,879 2,450 3,591 3,093 2,673 2,149 1,852 1,414 1,590 1,614 2,178.3 2,020.9 1,923.5 1,783.6 1,609 1,459.9 1,427.8 1,112 1,043.9 1,003.1 989 954 859.8 810.6 715
Income Tax Expense 696 415 642 549 346 345 531 443 660 697 1,267 953 1,130 1,091 1,127 848 688 1,137 964 834 727 595 401 514 565 755.9 707.3 694.9 661.7 590.5 530.9 523.4 403.9 381 371.2 375.8 366 331 343.4 306.1
Net Income 2,293 1,968 13,219 3,231 2,303 1,965 2,306 2,203 1,518 1,635 2,710 2,147 2,004 1,968 2,480 2,164 1,724 2,412 2,136 1,845 1,422 1,257 1,089 122 1,032 1,422.4 1,313.6 1,228.6 1,121.9 1,018.5 907.7 788.5 708.1 662.9 631.9 613.2 588 528.8 467.2 408.9
Per Share Data
EPS (Basic) 4.07 3.44 3.75 4.63 3.85 3.26 3.74 3.49 2.36 2.54 4.02 3.07 2.79 2.69 3.31 2.88 2.29 3.09 2.69 2.26 1.72 1.50 1.30 0.14 1.22 1.67 1.52 1.40 1.26 1.14 1.01 0.88 0.79 0.74 0.71 0.69 0.66 0.58 0.50 0.47
EPS (Diluted) 4.04 3.43 3.73 4.60 3.83 3.24 3.72 3.47 2.36 2.53 4.01 3.05 2.77 2.68 3.29 2.86 2.27 3.06 2.66 2.24 1.70 1.49 1.30 0.14 1.20 1.65 1.50 1.39 1.26 1.14 1.01 0.88 0.79 0.74 0.71 0.69 0.66 0.58 0.50 0.47
Shares Outstanding 562.8 571.3 574.2 592.9 598.1 602.9 616.2 632 642.1 644 673.3 700.2 717.7 730.6 748.5 750.7 753.7 780.3 793.8 816.4 829.2 838 837.7 841.4 850.8 854.8 867.1 877.6 890.4 897.4 894.3 896.9 896.3 895.8 890 888.7 890.9 911.7 934.4 870
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 1,544 3,588 8,051 1,804 2,354 3,315 1,494 1,093 3,062 3,182 3,054 3,149 3,275 2,367 2,052 1,592 1,560 1,777 1,008 810 1,233 1,346 696 381 355.7 280.8 266.1 209.7 221.1 149 117.3 113.3 101.9 80.2 102.4 98.3 112.7 108 130.3 288.4
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 3,101 2,927 2,518 2,261 2,971 2,802 2,985 3,023 3,072 2,701 2,870 5,019 4,808 4,983 4,502 3,989 3,623 4,618 4,260 3,716 3,256 2,932 2,650 2,513 2,551 2,705.6 2,516.3 2,416.1 2,200.2 1,979.8 1,757.6 1,542.6 1,392.1 1,364.8 1,316.5 1,410 1,240.4 1,057 999.5 791.6
Inventory 2,213 2,180 2,006 1,742 2,050 1,928 1,880 1,813 1,696 1,208 1,847 2,057 1,895 2,125 2,100 2,105 1,855 2,348 2,227 2,222 1,813 1,705 1,558 1,624 1,896.8 2,052.7 1,921.1 1,996.5 1,881.6 1,743.9 1,602.6 1,392.2 1,298.3 1,278.2 1,348.6 1,391.6 1,286 1,334.6 1,257.8 1,144.8
Other Current Assets 1,725 1,497 1,244 2,699 1,057 761 780 369 422 2,869 2,860 642 1,021 651 691 677 615 588 570 582 535 433 596 443 516.4 443.6 420.9 379 413.9 314.5 306.6 290.1 282 253.8 221.1 238.8 211.4 263.9 267.8 207.5
Total Current Assets 8,583 10,192 13,819 8,506 8,432 8,806 7,139 6,619 8,252 9,960 10,049 10,867 10,999 10,126 9,345 8,363 7,653 9,331 8,065 7,330 6,837 6,416 5,500 4,961 5,320.1 5,482.7 5,124.4 5,001.3 4,716.8 4,187.2 3,784.1 3,338.2 3,074.3 2,977 2,988.6 3,138.7 2,850.5 2,763.5 2,655.4 2,432.3
Non-Current Assets
Property, Plant & Equipment 3,508 3,499 2,363 2,239 3,738 3,688 3,642 3,562 3,321 2,931 2,929 3,802 3,605 3,509 3,437 3,287 3,500 3,507 3,431 3,220 3,003 2,937 2,962 3,116 3,288 3,243.4 3,154.4 3,011.6 2,735.4 2,450.8 2,134.9 1,947.3 1,880.1 1,694.5 1,583.4 1,535.8 1,197.7 1,121.5 1,126.3 896.4
Goodwill 18,193 18,067 14,480 13,946 7,723 6,734 6,536 6,455 5,316 3,909 6,653 7,182 7,509 8,026 8,771 8,656 7,078 6,562 6,412 6,013 0 0 0 0 0 0 0 3,702.7 3,116 2,779.2 2,384.9 1,862.9 0 0 0 0 0 0 0 0
Intangible Assets 9,458 10,436 6,263 6,572 2,877 2,468 2,615 2,751 1,890 902 1,526 1,689 1,672 1,838 1,969 2,150 0 0 0 633 5,479 5,259 4,942 4,910 5,182 5,320 4,263 0 0 0 0 0 1,834.3 1,108.8 1,053.2 1,038 791.9 836.2 833.5 198.4
Long-Term Investments 676 0 3,255 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Assets 1,467 1,988 2,566 4,409 1,945 1,186 565 1,003 810 4,030 4,325 637 926 319 339 387 388 1,640 1,772 1,946 1,908 1,749 1,790 1,558 1,256 1,118.2 1,081.7 944.2 895.1 1,063.8 1,095.1 1,066.6 1,025.8 846.7 739.2 663.9 567.9 305.8 252.6 241.9
Total Non-Current Assets 33,381 34,054 28,927 27,166 16,283 14,076 13,358 13,771 11,337 11,783 12,039 13,310 13,712 13,692 14,516 14,480 12,110 11,709 11,615 11,342 10,390 9,945 9,694 9,584 9,726.3 9,681.6 8,499.1 7,658.5 6,746.5 6,293.8 5,614.9 4,876.8 4,740.2 3,650 3,375.8 3,237.7 2,557.5 2,263.5 2,212.4 1,336.7
Total Assets 41,964 44,246 42,746 35,672 24,715 22,882 20,497 20,390 19,589 21,743 22,088 24,177 24,711 23,818 23,861 22,843 19,763 21,040 19,680 18,672 17,227 16,361 15,194 14,545 15,046.4 15,164.3 13,623.5 12,659.8 11,463.3 10,481 9,399 8,215 7,814.5 6,627 6,364.4 6,376.4 5,408 5,027 4,867.8 3,769
Current Liabilities
Account Payables 1,384 1,335 1,275 1,276 2,108 1,715 1,874 1,943 1,776 1,517 1,537 2,951 2,725 2,767 2,677 2,409 1,949 2,699 2,501 2,305 1,841 1,629 1,397 1,268 1,128 1,210.6 1,068.8 1,036.7 942.1 791.3 740.2 611.4 492.8 487.3 542.1 546 424.6 0 0 0
Short-Term Debt 4,797 532 691 2,243 1,027 1,160 1,444 1,623 862 2,584 2,552 2,465 1,587 1,506 877 480 577 1,221 404 898 970 902 391 1,560 2,448 2,352.7 1,953.7 1,524.4 1,445.1 967 1,387.1 923.3 1,183.9 433.6 765 918 323.8 338.7 363.7 183.7
Deferred Revenue 1,031 1,043 1,758 1,527 730 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,063.3 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 830 788 690 2,208 1,691 0 0 0 0 1,601 1,566 0 0 0 0 0 0 0 304 238 281 113 116 124 184 264.9 263.1 207.9 213.3 199.5 173.6 146.2 1,015.9 891 786.7 871.9 784.8 1,099.3 961.1 683.5
Total Current Liabilities 9,797 5,742 5,032 7,777 6,246 5,785 5,976 6,164 5,045 8,008 7,800 8,454 7,625 7,133 6,465 5,849 4,956 6,573 5,546 5,374 4,931 4,339 3,417 4,400 5,379.1 5,218.8 4,590.4 4,021.7 3,842.4 3,021.1 3,280.7 2,617.3 2,692.6 1,811.9 2,093.8 2,335.9 1,533.2 1,438 1,324.8 867.2
Non-Current Liabilities
Long-Term Debt 8,319 7,155 7,610 8,259 5,793 6,326 4,277 3,137 3,794 4,051 4,289 3,559 4,055 3,787 4,324 4,586 3,998 3,297 3,372 3,128 3,128 3,136 3,733 2,990 2,255.6 2,247.7 1,317.1 1,056.6 570.7 772.6 208.6 279.9 438 448 450.2 496.2 418.9 481.4 553 328.3
Deferred Tax Liabilities 1,822 2,138 1,969 1,714 711 261 327 484 425 210 270 572 823 592 361 0 0 533 519 724 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 1,223 1,191 1,133 1,294 1,629 1,690 1,644 1,615 1,555 1,845 1,601 1,425 1,490 1,864 2,160 2,456 2,103 1,524 1,280 1,116 1,768 1,648 1,584 1,414 1,297 1,295 1,535.5 1,778.2 1,629.5 1,333.9 1,038.9 976 768.8 637.3 563.5 554.4 382.5 287.5 287.5 199.5
Total Non-Current Liabilities 11,869 10,995 11,116 11,579 8,546 8,650 6,248 5,236 5,774 6,106 6,160 5,556 6,368 6,243 6,845 7,042 6,101 5,354 5,171 4,968 4,896 4,784 5,317 4,404 3,553 3,542.7 2,852.6 2,834.8 2,200.2 2,106.5 1,247.5 1,255.9 1,206.8 1,085.3 1,013.7 1,050.6 801.4 768.9 840.5 527.8
Total Liabilities 21,666 16,737 16,148 19,356 14,792 14,435 12,224 11,400 10,819 14,125 13,960 14,010 13,993 13,376 13,310 12,891 11,208 11,739 10,717 10,342 9,827 9,123 8,734 8,804 8,932.4 8,761.5 7,443 6,856.5 6,042.6 5,127.6 4,528.2 3,873.2 3,899.4 2,897.2 3,107.5 3,386.5 2,334.6 2,206.9 2,165.3 1,395
Stockholders' Equity
Common Stock 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 477 238 238 238 238 238 238 238.3 238.3 238.3 238.3 238.3 238.3 238.3 0 0 0 0 0 0 0 0
Retained Earnings 40,603 40,830 40,070 28,053 26,047 24,955 24,199 23,072 21,995 21,716 21,308 19,867 18,930 18,107 17,310 15,869 14,714 14,002 12,536 11,314 10,199 9,471 8,889 8,461 8,991 8,612.9 7,803.7 7,056.5 6,348.9 5,707.7 5,128.3 4,619.1 4,182.5 3,798.6 3,445.7 3,109 3,302.1 2,966.2 2,666.6 2,362.8
Accumulated Other Comprehensive Income (821) (868) (1,253) (1,485) (872) (1,577) (1,722) (1,015) (1,019) (1,999) (1,617) (575) (189) (731) (562) (426) (496) 141 382 306 (65) (88) (386) (647) (741) (578.6) (271.6) (236.2) (205.9) (29.2) 17 8.7 0 0 0 0 0 0 0 0
Total Stockholders' Equity 20,282 21,636 20,689 10,364 9,883 8,405 8,233 8,947 8,718 7,568 8,081 10,119 10,585 10,295 10,399 9,792 8,555 9,113 8,772 8,154 7,400 7,238 6,460 5,741 6,114 6,402.8 6,180.5 5,803.3 5,420.7 5,353.4 4,870.8 4,341.8 3,915.1 3,729.8 3,256.9 2,989.9 3,073.4 2,820.1 2,702.5 2,374
Total Liabilities & Equity 41,964 44,246 42,746 35,672 24,715 22,882 20,497 20,390 19,589 21,743 22,088 24,177 24,711 23,818 23,861 22,843 19,763 21,040 19,680 18,672 17,227 16,361 15,194 14,545 15,046.4 15,164.3 13,623.5 12,659.8 11,463.3 10,481 9,399 8,215 7,814.5 6,627 6,364.4 6,376.4 5,408 5,027 4,867.8 3,769
Debt Metrics
Total Debt 13,759 8,356 8,705 10,814 7,233 7,859 5,721 4,760 4,656 6,635 6,841 6,024 5,642 5,293 5,201 5,066 4,575 4,518 3,776 4,026 4,098 4,038 4,124 4,550 4,704 4,600.4 3,270.8 2,581 2,015.8 1,739.6 1,595.7 1,203.2 1,621.9 881.6 1,215.2 1,414.2 742.7 820.1 916.7 512
Net Debt 12,215 4,768 654 9,010 4,879 4,544 4,227 3,667 1,594 3,453 3,787 2,875 2,367 2,926 3,149 3,474 3,015 2,741 2,768 3,216 2,865 2,692 3,428 4,169 4,348 4,319.6 3,004.7 2,371.3 1,794.7 1,590.6 1,478.4 1,089.9 1,520 801.4 1,112.8 1,315.9 630 712.1 786.4 223.6
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
Operating Activities
Net Income 2,246 1,605 2,261 1,883 1,416 1,990 2,328 2,224 1,675 1,619 2,540 2,238 2,066 2,024 2,530 2,217 1,771 2,412 2,136 1,845 1,422 1,257 1,089 122 1,032 1,422.4 1,313.6 1,228.6 1,121.9 1,018.5 929 904.4 708.1 662.9 631.9 613.2 588
Depreciation & Amortization 1,518 1,689 1,051 842 762 854 822 758 636 568 573 569 819 823 867 816 727 707 656 607 562 557 534 541 709 678.5 637.5 562.5 511.6 464.6 408.9 364.5 340.7 295.2 294.4 269.3 230.8
Stock-Based Compensation 263 260 250 125 197 110 120 216 110 0 0 0 0 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 (9) (151) (148) (312) 167 148 (150) (83) 160 93 (181) 159 42 (340) (301) 309 620 (22) 137 (152) 110 322 266 432 119 (104.9) 35.7 (81) (42.6) (131.6) (190.9) (82.4) 25.7 43.5 7.5 (90.3) (83.5)
Other Non-Cash Items (920) (71) (2,777) 384 1,033 (19) (114) (223) (669) 601 21 726 722 546 137 (50) (32) 196 87 212 93 80 (158) 723 (152) (156.2) (176.3) (58.5) (92.3) (34.2) (4.6) (89.7) 0.3 (0.4) 32.5 34.3 16
Operating Cash Flow 3,098 3,332 637 2,922 3,575 3,083 3,006 2,892 1,912 2,881 2,529 3,692 3,649 3,053 3,233 3,292 3,086 3,293 3,016 2,512 2,187 2,216 1,731 1,818 1,707.7 1,839.8 1,810.5 1,651.6 1,498.6 1,317.3 1,142.4 1,096.8 1,074.8 1,001.2 966.3 826.5 751.3
Investing Activities
Capital Expenditure (431) (419) (363) (531) (581) (538) (594) (617) (476) (447) (685) (767) (678) (665) (647) (524) (531) (714) (681) (601) (518) (400) (337) (384) (554.2) (692) (591.6) (602.6) (575.4) (513.5) (420.7) (332.3) (305.6) (345.5) (310.9) (309.7) (285.8)
Acquisitions 0 (8,342) (705) (4,663) (1,577) (126) (455) (2,002) (2,951) (132) 1,488 (247) (16) (62) (129) (1,997) (776) (561) (295) (752) (366) (414) (6) (754) (200.1) (1,971.8) (1,202) (572.9) (319.2) (299.8) (235.5) (58.1) 0 0 0 0 115.9
Purchases of Investments 0 0 363 (438) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (12)
Sales/Maturities of Investments 0 79 176 438 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16.4
Other Investing Activities (162) 3,322 12,944 (140) 38 (76) (125) (101) 4,941 (47) (212) (145) (95) (79) (72) 4 (2) 203 106 137 (44) 97 39 257 206.6 168.6 215.5 76.2 34 272.3 28.9 204.7 (1,188.5) 5 (194.9) (699.1) (61.2)
Investing Cash Flow (593) (5,360) 12,415 (5,334) (2,120) (740) (1,174) (2,720) 1,514 (626) 591 (1,159) (789) (806) (848) (2,517) (1,309) (1,072) (870) (1,216) (928) (717) (304) (881) (547.7) (2,495.2) (1,578.1) (1,099.3) (860.6) (541) (627.3) (185.7) (1,494.1) (340.5) (505.8) (1,008.8) (226.7)
Financing Activities
Net Debt Issuance 5,241 (567) (3,242) 3,691 (812) 1,640 1,029 102 (1,979) (198) 841 294 349 90 129 316 (116) 660 (309) (171) (54) (93) (503) (262) 108 1,694 717.4 464.9 314.5 (190.9) (65.8) (449.3) 792.2 (394.9) (163.7) 428.8 (178)
Stock Repurchased (1,243) (643) (2,214) (500) (500) (942) (1,250) (1,000) (400) (601) (2,501) (1,048) (1,110) (797) (935) (100) (718) (1,120) (853) (862) (621) (121) 0 (20) (534) (376.2) (323.7) (499.4) (376.6) (120.3) (51.3) (110.8) (8.2) 0 0 0 (92.2)
Dividends Paid (1,192) (1,201) (1,198) (1,223) (1,210) (1,209) (1,209) (1,229) (1,239) (1,227) (1,269) (1,210) (1,181) (1,171) (1,039) (1,009) (998) (940) (837) (730) (694) (675) (661) (652) (654) (613.2) (566.4) (521) (480.7) (439.1) (398.5) (349.9) (324.2) (309.5) (295.2) (281.2) (250.6)
Other Financing Activities (7,316) (44) (169) 80 100 2 39 35 27 (19) (19) (595) 9 (21) (42) 67 (116) (54) 5 32 0 0 0 0 0.2 0 0 0 0 0 0 0 0 0 0 0 0
Financing Cash Flow (4,510) (2,455) (6,823) 2,048 (2,422) (509) (1,391) (2,092) (3,591) (2,045) (2,948) (2,559) (1,933) (1,899) (1,887) (726) (1,948) (1,454) (1,994) (1,731) (1,369) (889) (1,153) (934) (1,079.8) 704.6 (172.7) (555.5) (542.8) (750.3) (515.6) (910) 459.8 (704.2) (447.2) 153.8 (512.5)
Cash Position
Net Change in Cash (2,044) (4,463) 6,247 (550) (961) 1,821 401 (1,969) (120) 128 (95) (126) 908 315 460 32 (217) 769 198 (423) (113) 650 315 25 74.9 14.7 56.4 (11.4) 72.1 31.7 4 11.4 21.7 (22.2) 4.1 (14.4) 14.1
Cash at Beginning 3,588 8,051 1,804 2,354 3,315 1,494 1,093 3,062 3,182 3,054 3,149 3,275 2,367 2,052 1,592 1,560 1,777 1,008 810 1,233 1,346 696 381 356 280.8 266.1 209.7 221.1 149 117.3 113.3 101.9 80.2 102.4 98.3 112.7 98.6
Cash at End 1,544 3,588 8,051 1,804 2,354 3,315 1,494 1,093 3,062 3,182 3,054 3,149 3,275 2,367 2,052 1,592 1,560 1,777 1,008 810 1,233 1,346 696 381 355.7 280.8 266.1 209.7 221.1 149 117.3 113.3 101.9 80.2 102.4 98.3 112.7
Free Cash Flow 2,667 2,913 274 2,391 2,994 2,545 2,412 2,275 1,436 2,434 1,844 2,925 2,971 2,388 2,586 2,768 2,555 2,579 2,335 1,911 1,669 1,816 1,394 1,434 1,153.5 1,147.8 1,218.9 1,049 923.2 803.8 721.7 764.5 769.2 655.7 655.4 516.8 465.5
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 18,016 17,492 15,165 13,804 12,932 16,785 18,372 17,408 15,264 14,522 16,249 17,733 24,669 24,412 24,222 21,039 20,102 24,807 22,131 19,734 17,305 15,615 13,958 13,748 15,311 15,544.8 14,269.5 13,447.2 12,298.6 11,149.9 10,012.9 8,607.2 8,173.8 7,706 7,427 7,573.4 7,071.3 6,651.5 6,170.3 4,952.9
Gross Profit 9,519 8,885 7,427 6,306 5,730 7,009 7,815 7,432 6,431 6,262 7,008 7,762 9,952 9,768 9,557 8,326 7,560 9,139 8,065 7,129 6,183 5,566 4,898 4,809 5,324 6,207.3 5,713.2 4,851.6 4,433 4,449.5 3,532.5 3,054.2 3,224.7 2,946.6 2,879.9 2,840.9 2,639.4 2,445.9 2,294.9 1,908.4
Operating Income 3,532 2,666 2,759 2,356 1,959 2,784 3,120 2,952 2,688 2,714 3,179 3,503 4,006 3,972 3,887 3,509 3,144 3,779 3,433 3,006 2,560 2,264 1,963 1,905 2,273 2,540.9 2,305.5 2,174.9 1,982.1 1,792.9 1,599.3 1,374.6 1,277.4 1,191.3 1,151.4 1,143.2 1,073 995.5 922.9 756.9
Net Income 2,293 1,968 13,219 3,231 2,303 1,965 2,306 2,203 1,518 1,635 2,710 2,147 2,004 1,968 2,480 2,164 1,724 2,412 2,136 1,845 1,422 1,257 1,089 122 1,032 1,422.4 1,313.6 1,228.6 1,121.9 1,018.5 907.7 788.5 708.1 662.9 631.9 613.2 588 528.8 467.2 408.9
EPS (Diluted) 4.04 3.43 3.73 4.60 3.83 3.24 3.72 3.47 2.36 2.53 4.01 3.05 2.77 2.68 3.29 2.86 2.27 3.06 2.66 2.24 1.70 1.49 1.30 0.14 1.20 1.65 1.50 1.39 1.26 1.14 1.01 0.88 0.79 0.74 0.71 0.69 0.66 0.58 0.50 0.47
Balance Sheet
Cash & Equivalents 1,544 3,588 8,051 1,804 2,354 3,315 1,494 1,093 3,062 3,182 3,054 3,149 3,275 2,367 2,052 1,592 1,560 1,777 1,008 810 1,233 1,346 696 381 355.7 280.8 266.1 209.7 221.1 149 117.3 113.3 101.9 80.2 102.4 98.3 112.7 108 130.3 288.4
Total Assets 41,964 44,246 42,746 35,672 24,715 22,882 20,497 20,390 19,589 21,743 22,088 24,177 24,711 23,818 23,861 22,843 19,763 21,040 19,680 18,672 17,227 16,361 15,194 14,545 15,046.4 15,164.3 13,623.5 12,659.8 11,463.3 10,481 9,399 8,215 7,814.5 6,627 6,364.4 6,376.4 5,408 5,027 4,867.8 3,769
Total Debt 13,759 8,356 8,705 10,814 7,233 7,859 5,721 4,760 4,656 6,635 6,841 6,024 5,642 5,293 5,201 5,066 4,575 4,518 3,776 4,026 4,098 4,038 4,124 4,550 4,704 4,600.4 3,270.8 2,581 2,015.8 1,739.6 1,595.7 1,203.2 1,621.9 881.6 1,215.2 1,414.2 742.7 820.1 916.7 512
Stockholders' Equity 20,282 21,636 20,689 10,364 9,883 8,405 8,233 8,947 8,718 7,568 8,081 10,119 10,585 10,295 10,399 9,792 8,555 9,113 8,772 8,154 7,400 7,238 6,460 5,741 6,114 6,402.8 6,180.5 5,803.3 5,420.7 5,353.4 4,870.8 4,341.8 3,915.1 3,729.8 3,256.9 2,989.9 3,073.4 2,820.1 2,702.5 2,374
Cash Flow
Operating Cash Flow 3,098 3,332 637 2,922 3,575 3,083 3,006 2,892 1,912 2,881 2,529 3,692 3,649 3,053 3,233 3,292 3,086 3,293 3,016 2,512 2,187 2,216 1,731 1,818 1,707.7 1,839.8 1,810.5 1,651.6 1,498.6 1,317.3 1,142.4 1,096.8 1,074.8 1,001.2 966.3 826.5 751.3
Capital Expenditure (431) (419) (363) (531) (581) (538) (594) (617) (476) (447) (685) (767) (678) (665) (647) (524) (531) (714) (681) (601) (518) (400) (337) (384) (554.2) (692) (591.6) (602.6) (575.4) (513.5) (420.7) (332.3) (305.6) (345.5) (310.9) (309.7) (285.8)
Free Cash Flow 2,667 2,913 274 2,391 2,994 2,545 2,412 2,275 1,436 2,434 1,844 2,925 2,971 2,388 2,586 2,768 2,555 2,579 2,335 1,911 1,669 1,816 1,394 1,434 1,153.5 1,147.8 1,218.9 1,049 923.2 803.8 721.7 764.5 769.2 655.7 655.4 516.8 465.5