EPD - Enterprise Products Partners L.P.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$39.71
DETAILS
HIGH:
$45.00
LOW:
$34.00
MEDIAN:
$40.00
CONSENSUS:
$39.71
UPSIDE:
2.98%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||
| Revenue | 52,596 | 56,219 | 49,715 | 58,186 | 40,807 | 27,200 | 32,789.2 | 36,534.2 | 29,241.5 | 23,022.3 | 27,027.9 | 47,951.2 | 47,727 | 42,583.1 | 44,313 | 33,739.3 | 25,510.9 | 21,905.7 | 16,950.1 | 13,991.0 | 12,257.0 | 8,321.2 | 5,346.4 | 3,584.8 | 3,179.7 | 3,049.0 | 1,346.5 | 738.9 |
| Cost of Revenue | 45,440 | 48,995 | 42,999 | 51,461 | 34,860 | 21,485 | 27,010.8 | 31,350.5 | 25,519.7 | 19,591.2 | 23,506.1 | 44,281.5 | 44,161.1 | 39,334.5 | 41,318.5 | 31,449.3 | 23,565.8 | 20,461.0 | 16,009.1 | 13,089.1 | 11,546.2 | 7,904.3 | 5,046.8 | 3,382.6 | 2,861.7 | 2,760.0 | 1,176.3 | 667 |
| Gross Profit | 7,156 | 7,224 | 6,716 | 6,725 | 5,947 | 5,715 | 5,778.4 | 5,183.7 | 3,721.8 | 3,431.1 | 3,521.8 | 3,669.7 | 3,565.9 | 3,248.6 | 2,994.5 | 2,290 | 1,945.1 | 1,444.7 | 941.1 | 901.9 | 710.7 | 416.9 | 299.7 | 202.2 | 318.0 | 289.0 | 170.2 | 71.9 |
| 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 |
| SG&A Expenses | 251 | 244 | 229 | 241 | 209 | 220 | 211.6 | 208.3 | 181.1 | 160.1 | 192.6 | 206 | 188.3 | 170.3 | 181.8 | 204.8 | 172.3 | 90.5 | 87.7 | 63.4 | 62.3 | 46.7 | 37.6 | 42.9 | 30.3 | 28.3 | 12.5 | 18.2 |
| Other Expenses | 0 | (358) | (442) | (423) | (365) | 460 | (511.9) | (433.2) | (388.2) | (309.7) | (211) | (312) | (89.7) | (103.5) | 0 | 0 | (92.3) | (34.9) | (29.7) | (21.6) | (14.5) | (52.8) | 14.0 | (35.3) | 0 | 41.0 | 25.3 | 19.2 |
| Operating Expenses | 251 | (114) | (213) | (182) | (156) | 680 | (300.3) | (224.9) | (207.1) | (149.6) | (18.4) | (106) | 98.6 | 66.8 | 181.8 | 204.8 | 121.1 | 102.3 | 58.0 | 41.8 | 47.7 | (6.1) | 51.5 | 7.6 | 30.3 | 69.4 | 37.8 | 37.4 |
| Operating Income | ||||||||||||||||||||||||||||
| Operating Income | 6,905 | 7,338 | 6,929 | 6,907 | 6,103 | 5,035 | 6,078.7 | 5,408.6 | 3,928.9 | 3,580.7 | 3,540.2 | 3,775.7 | 3,467.3 | 3,078.3 | 2,859.1 | 2,147.2 | 1,854.6 | 1,748.4 | 883.0 | 860.1 | 663.0 | 423.0 | 248.1 | 194.6 | 287.7 | 219.6 | 132.4 | 50.5 |
| Interest Expense | 1,408 | 1,358 | 1,269 | 1,244 | 1,283 | 1,287.4 | 1,243 | 1,096.7 | 984.6 | 982.6 | 961.8 | 921 | 802.5 | 771.8 | 744.1 | 741.9 | 687.3 | 540.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 37 | 53 | 27 | 11 | 4.7 | 13.4 | 11.6 | 3.6 | 1.3 | 0 | 0 | 0 | 0 | 0.8 | 1.1 | 1.8 | 2.3 | 5.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||
| EBITDA | 9,923 | 9,587 | 9,047 | 8,915 | 7,982 | 6,889 | 7,720.4 | 7,187.1 | 5,509.9 | 5,111 | 5,033.7 | 5,138.1 | 4,684.7 | 4,287.5 | 3,866.6 | 3,136.8 | 2,689.7 | 2,498.4 | 1,406.8 | 1,308.3 | 1,083.8 | 621.9 | 376.5 | 289.2 | 338.8 | 260.6 | 157.7 | 69.7 |
| EBIT | 7,300 | 7,393 | 6,975 | 6,941 | 6,108 | 5,049 | 5,975.7 | 5,395.5 | 3,865.9 | 3,559 | 3,517.7 | 3,777.6 | 3,467.1 | 3,182.6 | 2,859.6 | 2,151.7 | 1,852.9 | 1,760.6 | 883.0 | 860.1 | 663.0 | 423.0 | 248.1 | 194.3 | 286.8 | 219.6 | 132.4 | 50.5 |
| Income Before Tax | 5,899 | 6,035 | 5,701 | 5,697 | 4,825 | 3,762 | 4,732.7 | 4,298.8 | 2,881.3 | 2,576.4 | 2,555.9 | 2,856.6 | 2,664.6 | 2,410.8 | 2,115.5 | 1,409.8 | 1,165.6 | 1,219.9 | 579.6 | 630.1 | 437.8 | 269.4 | 113.7 | 100.1 | 315.4 | 250.6 | 135.5 | 52.1 |
| Income Tax Expense | 23 | 65 | 44 | 82 | 70 | (124) | 45.6 | 60.3 | 25.7 | 23.4 | (2.5) | 23.1 | 57.5 | (17.2) | 27.2 | 26.1 | 25.3 | 31 | 15.3 | 21.3 | 8.4 | 3.8 | 5.3 | 1.6 | 70.9 | (0.9) | 12.1 | 24.3 |
| Net Income | 5,814 | 5,901 | 5,532 | 5,490 | 4,638 | 3,776 | 4,591.3 | 4,172.4 | 2,799.3 | 2,513.1 | 2,521.2 | 2,787.4 | 2,596.9 | 2,419.9 | 2,046.9 | 320.8 | 204.1 | 954.0 | 533.7 | 601.2 | 419.5 | 268.3 | 104.5 | 91.9 | 242.2 | 220.5 | 120.3 | 10.2 |
| Per Share Data | ||||||||||||||||||||||||||||
| EPS (Basic) | 2.66 | 2.69 | 2.53 | 2.50 | 2.11 | 1.71 | 2.10 | 1.92 | 1.30 | 1.19 | 1.25 | 1.44 | 1.39 | 1.35 | 1.24 | 0.19 | 0.19 | 0.92 | 0.48 | 0.61 | 0.46 | 0.44 | 0.21 | 0.28 | 1.19 | 1.18 | 0.66 | 0.04 |
| EPS (Diluted) | 2.66 | 2.69 | 2.52 | 2.50 | 2.10 | 1.71 | 2.09 | 1.91 | 1.30 | 1.19 | 1.25 | 1.44 | 1.39 | 1.35 | 1.19 | 0.19 | 0.19 | 0.92 | 0.48 | 0.61 | 0.46 | 0.44 | 0.21 | 0.24 | 1.19 | 1.18 | 0.66 | 0.04 |
| Shares Outstanding | 2,188 | 2,169 | 2,168.2 | 2,178 | 2,183 | 2,186 | 2,189.2 | 2,176.5 | 2,145 | 2,081.4 | 1,991.7 | 1,891.7 | 1,841.8 | 1,792.5 | 1,649.2 | 1,687.4 | 413.4 | 874.8 | 867.9 | 985.5 | 763.7 | 531.0 | 497.8 | 334.3 | 204.2 | 186.1 | 182.2 | 226.7 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 1,245 | 583 | 180 | 76 | 2,820 | 1,059.9 | 334.7 | 344.8 | 5.1 | 63.1 | 19 | 74.4 | 56.9 | 16.1 | 19.8 | 65.5 | 55.3 | 61.7 | 39.7 | 22.6 | 42.1 | 24.6 | 44.3 | 22.6 | 137.8 | 60.4 | 5.2 | 24.1 |
| Short-Term Investments | 434 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 113.8 | 218.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 6,501 | 9,240 | 7,772 | 6,975 | 6,988 | 4,808.2 | 4,876.1 | 3,662.6 | 4,360.2 | 3,330.6 | 2,571.1 | 3,825.8 | 5,482.3 | 4,353.4 | 4,545.3 | 3,836.9 | 3,137.4 | 2,063.8 | 2,010.5 | 1,323.0 | 1,454.6 | 1,083.5 | 462.5 | 399.4 | 261.3 | 415.6 | 318.4 | 72.8 |
| Inventory | 3,884 | 3,955 | 3,352 | 2,554 | 2,681 | 3,303.5 | 2,091.4 | 1,522.1 | 1,609.8 | 1,770.5 | 1,038.1 | 1,014.2 | 1,093.1 | 1,088.4 | 1,111.7 | 1,134 | 711.9 | 405 | 354.3 | 423.8 | 339.6 | 189.0 | 150.2 | 167.4 | 69.4 | 93.2 | 39.9 | 17.6 |
| Other Current Assets | 1,296 | 1,355 | 944 | 993 | 381 | 326.8 | 202.5 | 219.7 | 218.6 | 895.9 | 274.5 | 226 | 65.6 | 4.3 | 38.5 | 98.9 | 63.6 | 203.8 | 53.1 | 23.7 | 15.0 | 62.7 | 0 | 0 | 0 | 12.1 | 21 | 23.2 |
| Total Current Assets | 13,360 | 15,133 | 12,248 | 10,598 | 13,269.4 | 9,909.4 | 7,862.9 | 6,060.7 | 6,506.4 | 6,528.2 | 4,313 | 5,490.7 | 7,023.4 | 5,843.1 | 6,068.7 | 5,507.1 | 4,246.9 | 3,102.7 | 2,537.9 | 1,922.2 | 1,971.4 | 1,440.7 | 687.2 | 637.6 | 518.8 | 581.4 | 384.5 | 137.7 |
| Non-Current Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment | 51,796 | 49,062 | 45,804 | 44,401 | 42,088 | 41,912.8 | 41,603.4 | 38,737.6 | 35,620.4 | 33,292.5 | 32,034.7 | 29,881.6 | 26,946.6 | 24,846.4 | 22,191.6 | 19,332.9 | 17,689.2 | 16,732.8 | 11,587.3 | 9,832.5 | 8,689.0 | 7,831.5 | 2,963.5 | 2,810.8 | 1,306.8 | 975.3 | 767.1 | 499.8 |
| Goodwill | 5,712 | 5,712 | 5,608 | 5,608 | 5,449 | 5,448.9 | 5,745.2 | 5,745.2 | 5,745.2 | 5,745.2 | 5,745.2 | 4,199.9 | 2,080 | 2,086.8 | 2,092.3 | 2,107.7 | 2,018.3 | 706.9 | 591.7 | 590.5 | 494.0 | 459.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 4,159 | 4,005 | 3,770 | 3,965 | 3,151 | 3,309.1 | 3,449 | 3,608.4 | 3,690.3 | 3,864.1 | 4,037.2 | 4,302.1 | 1,462.2 | 1,566.8 | 1,656.2 | 1,841.7 | 1,064.8 | 855.4 | 917 | 1,004.0 | 913.6 | 980.6 | 351.3 | 359.2 | 202.2 | 92.9 | 61.6 | 0 |
| Long-Term Investments | 2,211 | 2,259 | 2,330 | 2,352 | 2,428 | 2,429.2 | 2,600.2 | 2,615.1 | 2,659.4 | 2,677.3 | 2,628.5 | 3,042 | 2,437.1 | 1,394.6 | 1,859.6 | 2,293.1 | 2,416.2 | 911.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 664 | 997 | 1,222 | 1,184 | 1,140 | 1,097.3 | 472.5 | 202.8 | 196.4 | 86.7 | 58.3 | 184.4 | 189.4 | 196.7 | 256.7 | 278.3 | 248.2 | 261.3 | 970.7 | 638.7 | 519.3 | 597.0 | 790.4 | 406.8 | 403.4 | 301.8 | 281.8 | 103.5 |
| Total Non-Current Assets | 64,618 | 62,035 | 58,734 | 57,510 | 54,256 | 54,197.3 | 53,870.3 | 50,909.1 | 47,911.7 | 45,665.8 | 44,503.9 | 41,710.3 | 33,115.3 | 30,091.3 | 28,056.4 | 25,853.7 | 23,436.7 | 21,108.9 | 14,070.1 | 12,067.6 | 10,619.6 | 9,874.7 | 4,115.6 | 3,592.7 | 1,912.4 | 1,370.0 | 1,110.5 | 603.3 |
| Total Assets | 77,902 | 77,168 | 70,982 | 68,108 | 67,526 | 64,106.7 | 61,733.2 | 56,969.8 | 54,418.1 | 52,194 | 48,802.2 | 47,201 | 40,138.7 | 35,934.4 | 34,125.1 | 31,360.8 | 27,686.3 | 24,211.6 | 16,608.0 | 13,989.7 | 12,591.0 | 11,315.5 | 4,802.8 | 4,230.3 | 2,424.7 | 1,951.4 | 1,495 | 741 |
| Current Liabilities | ||||||||||||||||||||||||||||
| Account Payables | 1,238 | 1,227 | 1,195 | 743 | 632 | 704.6 | 1,004.5 | 1,102.8 | 801.7 | 397.7 | 860.1 | 773.8 | 723.7 | 891.6 | 773 | 675.1 | 481.4 | 406.3 | 349.4 | 283.9 | 289.1 | 244.4 | 106.4 | 108.1 | 84.2 | 153.0 | 134.1 | 36.6 |
| Short-Term Debt | 1,722 | 1,150 | 1,300 | 1,744 | 1,400 | 1,325 | 1,981.9 | 1,500.1 | 2,855 | 2,576.8 | 1,863.9 | 2,206.4 | 1,125 | 1,546.6 | 500 | 282.3 | 0 | 0 | 0 | 0 | 0 | 15 | 240 | 15 | 0 | 0 | 129 | 0 |
| Deferred Revenue | 157 | 0 | 0 | 0 | 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 | 9,715 | 1,289 | 1,071 | 1,132 | 879.5 | 957.9 | 633.6 | 553 | 586.8 | 1,216.4 | 528.8 | 585.8 | 326.5 | 540.5 | 612.6 | 0 | 0 | 595.2 | 289.0 | 209.9 | 126.9 | 104.8 | 725.8 | 562.5 | 44.8 | 433.4 | 268 | 46.2 |
| Total Current Liabilities | 12,832 | 15,177 | 13,131 | 12,265 | 11,624.5 | 8,988 | 9,129.7 | 7,167.5 | 9,295.1 | 8,250.5 | 7,166.6 | 7,873.7 | 8,238.7 | 7,755.7 | 7,432.4 | 5,880.2 | 4,536 | 2,223.1 | 3,044.7 | 1,984.9 | 1,890.3 | 1,585.9 | 1,096.9 | 721.4 | 409.2 | 586.4 | 531.1 | 82.8 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | 32,814 | 30,746 | 27,448 | 26,551 | 28,135 | 28,540.7 | 25,643.2 | 24,678.1 | 21,713.7 | 21,120.9 | 20,676.9 | 19,157.4 | 16,226.5 | 14,655.2 | 14,029.4 | 13,281.2 | 12,427.9 | 11,637.9 | 6,906.1 | 5,295.6 | 4,833.8 | 4,266.2 | 1,899.5 | 2,231.5 | 855.3 | 403.8 | 166 | 90 |
| Deferred Tax Liabilities | 702 | 656 | 611 | 600 | 518 | 464.7 | 100.4 | 80.4 | 58.5 | 52.7 | 46.1 | 66.6 | 60.8 | 22.5 | 91.2 | 78 | 71.7 | 66.1 | 21.4 | 13.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 333 | 350 | 384 | 329 | 220 | 216.9 | 663.8 | 541.3 | 578.4 | 503.9 | 411.5 | 411.1 | 172.3 | 205 | 352.8 | 220.6 | 159.7 | 110.5 | 73.7 | 86.1 | 84.5 | 63.5 | 14.1 | 7.7 | 8.1 | 15.6 | 0.3 | 0 |
| Total Non-Current Liabilities | 34,576 | 32,402 | 29,092 | 28,141 | 29,462 | 29,741.3 | 26,776 | 25,510.1 | 22,350.6 | 21,677.5 | 21,134.5 | 19,635.1 | 16,459.6 | 14,882.7 | 14,473.4 | 13,579.8 | 12,659.3 | 11,814.5 | 7,001.3 | 5,395.4 | 4,918.3 | 4,329.8 | 1,913.6 | 2,239.1 | 863.3 | 419.5 | 166.3 | 90 |
| Total Liabilities | 47,408 | 47,579 | 42,223 | 40,406 | 41,087 | 38,729.3 | 35,905.7 | 32,677.6 | 31,645.7 | 29,928 | 28,301.1 | 27,508.8 | 24,698.3 | 22,638.4 | 21,905.8 | 19,460 | 17,213.2 | 14,915.7 | 10,045.9 | 7,380.4 | 6,808.5 | 5,915.6 | 3,010.5 | 2,960.5 | 1,266.1 | 1,005.8 | 697.4 | 172.8 |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Common Stock | 30,700 | 29,793 | 28,663 | 27,555 | 26,340.3 | 25,766.6 | 24,692.6 | 23,802.6 | 22,718.9 | 22,327 | 20,514.3 | 18,304.8 | 15,573.8 | 13,558.1 | 12,464.8 | 11,406.7 | 1,972.4 | 6,063.1 | 5,976.9 | 6,329.9 | 5,561.3 | 5,217.3 | 1,683.1 | 1,210.0 | 1,141.6 | 931.3 | 786.3 | 556.9 |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 |
| Accumulated Other Comprehensive Income | 336 | 236 | 307 | 365 | 286 | (165.2) | 71.4 | 50.9 | (171.7) | (280) | (219.2) | (241.6) | (359) | (370.4) | (351.4) | (32.5) | (8.4) | 48.1 | 154.7 | 150.3 | 118.0 | 120.2 | 39.3 | 8.7 | 11.5 | 9.4 | 7.9 | (220.5) |
| Total Stockholders' Equity | 29,739 | 28,732 | 27,673 | 26,623 | 25,328.9 | 24,353.4 | 24,764 | 23,853.5 | 22,547.2 | 22,047 | 20,295.1 | 18,063.2 | 15,214.8 | 13,187.7 | 12,113.4 | 11,374.2 | 1,939.1 | 5,965.9 | 6,131.6 | 6,480.2 | 5,679.3 | 5,222.3 | 1,706.0 | 1,200.9 | 1,146.9 | 936.0 | 789.5 | 562.5 |
| Total Liabilities & Equity | 77,978 | 77,228 | 71,032 | 68,112 | 67,528.5 | 64,109.1 | 61,733.2 | 56,969.8 | 54,418.1 | 52,194 | 48,952 | 47,100.7 | 40,138.7 | 35,936.2 | 34,125.1 | 31,360.8 | 27,686.3 | 24,211.6 | 16,608.0 | 13,989.7 | 12,591.0 | 11,309.0 | 4,802.8 | 4,230.3 | 2,424.7 | 1,951.4 | 1,495 | 741 |
| Debt Metrics | ||||||||||||||||||||||||||||
| Total Debt | 34,926 | 32,262 | 29,071 | 28,636 | 29,874 | 30,186.5 | 27,796.7 | 26,178.2 | 24,568.7 | 23,697.7 | 22,540.8 | 21,363.8 | 17,351.5 | 16,201.8 | 14,529.4 | 13,563.5 | 12,427.9 | 11,637.9 | 6,906.1 | 5,295.6 | 4,833.8 | 4,281.2 | 2,139.5 | 2,246.5 | 855.3 | 403.8 | 295 | 90 |
| Net Debt | 33,681 | 31,679 | 28,891 | 28,560 | 27,054 | 29,126.6 | 27,462 | 25,833.4 | 24,563.6 | 23,634.6 | 22,521.8 | 21,289.4 | 17,294.6 | 16,185.7 | 14,509.6 | 13,498 | 12,372.6 | 11,576.2 | 6,866.4 | 5,273.0 | 4,791.7 | 4,256.7 | 2,095.2 | 2,223.9 | 717.5 | 343.4 | 289.8 | 65.9 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | 5,876 | 5,970 | 5,657 | 5,615 | 4,755.3 | 3,885.7 | 4,687.1 | 4,238.5 | 2,855.6 | 2,553 | 2,558.4 | 2,833.5 | 2,607.1 | 2,428 | 2,088.3 | 1,383.7 | 1,140.3 | 1,188.9 | 533.7 | 601.2 | 419.5 | 268.3 | 104.5 | 95.5 | 242.2 | 220.5 | 120.3 | 37.4 |
| Depreciation & Amortization | 2,323 | 2,194 | 2,072 | 1,974 | 1,874.4 | 2,111 | 1,992.1 | 1,791.6 | 1,644 | 1,552 | 1,516 | 1,360.5 | 1,217.6 | 1,104.9 | 1,007 | 985.1 | 833.4 | 562.2 | 523.8 | 448.2 | 420.8 | 198.9 | 128.4 | 94.9 | 51.9 | 41.0 | 25.3 | 19.2 |
| Stock-Based Compensation | 0 | 0 | 0 | 157 | 152 | 159 | 0 | 106.1 | 99.7 | 89.2 | 93.2 | 87.5 | 72.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (124) | (505) | (555) | (54) | 1,366.7 | (767.5) | (457.4) | 16.2 | 32.2 | (180.9) | (323.3) | (108.2) | (97.6) | (582.5) | 266.9 | (190.4) | 250.1 | (411.1) | 441.3 | 83.4 | (266.4) | (93.7) | 120.9 | 92.7 | (37.1) | 71.0 | 24.8 | (0.3) |
| Other Non-Cash Items | 464 | 411 | 383 | 287 | 324.3 | 650.9 | 278.7 | (47.5) | 28.7 | 46.9 | 178.7 | (17.2) | 27.7 | 6.7 | (2.4) | 113.7 | 167.2 | 220.9 | 83.9 | 27.9 | 49.2 | (3.8) | 60.3 | 44.6 | 26.4 | 28.2 | (1.6) | (76.6) |
| Operating Cash Flow | 8,585 | 8,115 | 7,569 | 8,039 | 8,512.5 | 5,891.5 | 6,520.5 | 6,126.3 | 4,666.3 | 4,066.8 | 4,002.4 | 4,162.2 | 3,865.5 | 2,890.9 | 3,330.5 | 2,300 | 2,410.3 | 1,567.1 | 1,590.9 | 1,175.1 | 631.7 | 379.2 | 424.7 | 329.8 | 283.3 | 360.7 | 168.8 | (20.3) |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditure | (5,620) | (4,544) | (3,266) | (1,964) | (2,223.2) | (3,287.9) | (4,531.7) | (4,223.2) | (3,147.9) | (3,025.1) | (3,830.7) | (2,892.9) | (3,408.2) | (3,621.9) | (3,867.5) | (2,040.8) | (1,585.7) | (1,984.6) | (2,197.0) | (1,341.1) | (864.5) | (155.8) | (145.9) | (74.1) | (149.9) | (243.9) | (229.3) | (8.4) |
| Acquisitions | 82 | (949) | (2) | (3,205) | (2.1) | (15.6) | (111.6) | (150.6) | (249.2) | (953.5) | (1,219.1) | (3,139.2) | (1,094.1) | (609.5) | 0 | (1,313.9) | (107.3) | (202.2) | (35.8) | (276.5) | (326.6) | (724.7) | (37.3) | (1,620.7) | (225.7) | 0 | 0 | 0 |
| Purchases of Investments | (2) | 0 | 0 | (1) | (2.1) | (15.6) | (111.6) | 0 | (50.5) | 0 | 0 | 0 | 0 | 0 | (30) | (8) | (18.8) | (129.8) | (332.9) | (138.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 1 | 2.1 | 15.6 | 111.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.9 | 38.7 | 17.8 | 16.0 | 12.0 | 3.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 49 | 60 | 71 | 215 | 90.7 | 182.8 | 67.8 | 0 | 111 | 40.6 | 1,608 | 234.2 | 244.8 | 1,212.6 | 1,095 | 72.4 | 147.1 | (111.3) | 0.1 | 62.6 | 60.7 | (48.7) | (473.7) | (13.5) | (115.7) | (24.9) | (35.9) | (42.3) |
| Investing Cash Flow | (5,491) | (5,433) | (3,197) | (4,954) | (2,134.6) | (3,120.7) | (4,575.5) | (4,281.6) | (3,286.1) | (4,005.8) | (3,441.8) | (5,797.9) | (4,257.5) | (3,018.8) | (2,777.6) | (3,251.6) | (1,546.9) | (2,411.9) | (2,553.6) | (1,689.3) | (1,130.4) | (929.1) | (657.0) | (1,708.3) | (491.2) | (268.8) | (265.2) | (50.7) |
| Financing Activities | ||||||||||||||||||||||||||||
| Net Debt Issuance | 2,510 | 3,169 | 452 | (1,256) | (348.9) | 2,265 | 1,456.1 | 1,631.6 | 855.7 | 1,141.3 | 1,213.9 | 4,020 | 1,172.2 | 1,686.7 | 948.3 | 1,140 | (287.4) | 2,726.1 | 1,549.9 | 462.3 | 552.4 | 125.6 | (106.8) | 1,331 | 449.7 | (490) | 195.1 | (167.4) |
| Stock Repurchased | (300) | (219) | (188) | (250) | (214) | (186) | (81.1) | (30.8) | 0 | 0 | 0 | 0 | 0 | 0 | (10.7) | (3.8) | (2.1) | (1.9) | 0 | 0 | 0 | 0 | 0 | (12.8) | (18.0) | (0.8) | (4.7) | 0 |
| Dividends Paid | (4,678) | (4,512) | (4,301) | (4,095) | (3,930.4) | (3,891) | (3,839.8) | (3,726.9) | (3,569.9) | (3,300.5) | (2,943.7) | (2,638.1) | (2,400.3) | (2,178.6) | (1,974.3) | (307.7) | (1,594.8) | (1,037.4) | (957.7) | (843.3) | (722.4) | (445.2) | (318.0) | (218.2) | (166.0) | (141.0) | (111.8) | (21.6) |
| Other Financing Activities | (219) | (602) | (221) | (243) | (78) | (241.9) | 437.5 | 82.8 | (86.7) | (61.9) | (74.8) | (117.5) | (131.1) | (200.7) | (115.5) | (399.7) | 1,047.2 | (658.6) | 318.0 | 18.7 | 33.6 | 2.6 | (2.6) | (20.4) | (8.8) | (3.9) | (1.1) | 250.2 |
| Financing Cash Flow | (2,687) | (2,164) | (4,258) | (5,844) | (4,571.3) | (2,022.7) | (1,945.1) | (1,504.9) | (1,727.5) | 321.7 | (616) | 1,653.2 | 432.8 | 124.2 | (598.6) | 961.1 | (837.1) | 1,171.0 | 979.4 | 495.0 | 516.2 | 544.0 | 248.9 | 1,260.3 | 279.5 | (36.7) | 77.5 | 61.2 |
| Cash Position | ||||||||||||||||||||||||||||
| Net Change in Cash | 407 | 518 | 114 | (2,759) | 1,806.6 | 748.1 | (0.1) | 339.8 | (347.3) | 44.1 | (55.4) | 17.5 | 40.8 | (3.7) | (45.7) | 10.2 | (146.6) | 172.6 | 17.1 | (19.5) | 17.5 | (5.9) | 16.6 | (118.3) | 71.7 | 55.2 | (18.9) | 5.1 |
| Cash at Beginning | 838 | 320 | 206 | 2,965 | 1,158.1 | 410 | 410.1 | 70.3 | 417.6 | 19 | 74.4 | 56.9 | 16.1 | 19.8 | 65.5 | 55.3 | 61.7 | 39.7 | 22.6 | 42.1 | 24.6 | 30.5 | 13.8 | 132.1 | 60.4 | 5.2 | 24.1 | 18.9 |
| Cash at End | 1,245 | 838 | 320 | 206 | 2,964.7 | 1,158.1 | 410 | 410.1 | 70.3 | 63.1 | 19 | 74.4 | 56.9 | 16.1 | 19.8 | 65.5 | 54.7 | 35.4 | 39.7 | 22.6 | 42.1 | 24.6 | 30.5 | 13.8 | 132.1 | 60.4 | 5.2 | 24 |
| Free Cash Flow | 2,965 | 3,571 | 4,303 | 6,075 | 6,289.3 | 2,603.6 | 1,988.8 | 1,903.1 | 1,518.4 | 1,041.7 | 171.7 | 1,269.3 | 457.3 | (731) | (537) | 259.2 | 791.5 | (747.5) | (606.1) | (166.0) | (232.7) | 223.4 | 278.8 | 255.6 | 133.4 | 116.8 | (60.5) | (28.7) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||
| Revenue | 52,596 | 56,219 | 49,715 | 58,186 | 40,807 | 27,200 | 32,789.2 | 36,534.2 | 29,241.5 | 23,022.3 | 27,027.9 | 47,951.2 | 47,727 | 42,583.1 | 44,313 | 33,739.3 | 25,510.9 | 21,905.7 | 16,950.1 | 13,991.0 | 12,257.0 | 8,321.2 | 5,346.4 | 3,584.8 | 3,179.7 | 3,049.0 | 1,346.5 | 738.9 |
| Gross Profit | 7,156 | 7,224 | 6,716 | 6,725 | 5,947 | 5,715 | 5,778.4 | 5,183.7 | 3,721.8 | 3,431.1 | 3,521.8 | 3,669.7 | 3,565.9 | 3,248.6 | 2,994.5 | 2,290 | 1,945.1 | 1,444.7 | 941.1 | 901.9 | 710.7 | 416.9 | 299.7 | 202.2 | 318.0 | 289.0 | 170.2 | 71.9 |
| Operating Income | 6,905 | 7,338 | 6,929 | 6,907 | 6,103 | 5,035 | 6,078.7 | 5,408.6 | 3,928.9 | 3,580.7 | 3,540.2 | 3,775.7 | 3,467.3 | 3,078.3 | 2,859.1 | 2,147.2 | 1,854.6 | 1,748.4 | 883.0 | 860.1 | 663.0 | 423.0 | 248.1 | 194.6 | 287.7 | 219.6 | 132.4 | 50.5 |
| Net Income | 5,814 | 5,901 | 5,532 | 5,490 | 4,638 | 3,776 | 4,591.3 | 4,172.4 | 2,799.3 | 2,513.1 | 2,521.2 | 2,787.4 | 2,596.9 | 2,419.9 | 2,046.9 | 320.8 | 204.1 | 954.0 | 533.7 | 601.2 | 419.5 | 268.3 | 104.5 | 91.9 | 242.2 | 220.5 | 120.3 | 10.2 |
| EPS (Diluted) | 2.66 | 2.69 | 2.52 | 2.50 | 2.10 | 1.71 | 2.09 | 1.91 | 1.30 | 1.19 | 1.25 | 1.44 | 1.39 | 1.35 | 1.19 | 0.19 | 0.19 | 0.92 | 0.48 | 0.61 | 0.46 | 0.44 | 0.21 | 0.24 | 1.19 | 1.18 | 0.66 | 0.04 |
| Balance Sheet | ||||||||||||||||||||||||||||
| Cash & Equivalents | 1,245 | 583 | 180 | 76 | 2,820 | 1,059.9 | 334.7 | 344.8 | 5.1 | 63.1 | 19 | 74.4 | 56.9 | 16.1 | 19.8 | 65.5 | 55.3 | 61.7 | 39.7 | 22.6 | 42.1 | 24.6 | 44.3 | 22.6 | 137.8 | 60.4 | 5.2 | 24.1 |
| Total Assets | 77,902 | 77,168 | 70,982 | 68,108 | 67,526 | 64,106.7 | 61,733.2 | 56,969.8 | 54,418.1 | 52,194 | 48,802.2 | 47,201 | 40,138.7 | 35,934.4 | 34,125.1 | 31,360.8 | 27,686.3 | 24,211.6 | 16,608.0 | 13,989.7 | 12,591.0 | 11,315.5 | 4,802.8 | 4,230.3 | 2,424.7 | 1,951.4 | 1,495 | 741 |
| Total Debt | 34,926 | 32,262 | 29,071 | 28,636 | 29,874 | 30,186.5 | 27,796.7 | 26,178.2 | 24,568.7 | 23,697.7 | 22,540.8 | 21,363.8 | 17,351.5 | 16,201.8 | 14,529.4 | 13,563.5 | 12,427.9 | 11,637.9 | 6,906.1 | 5,295.6 | 4,833.8 | 4,281.2 | 2,139.5 | 2,246.5 | 855.3 | 403.8 | 295 | 90 |
| Stockholders' Equity | 29,739 | 28,732 | 27,673 | 26,623 | 25,328.9 | 24,353.4 | 24,764 | 23,853.5 | 22,547.2 | 22,047 | 20,295.1 | 18,063.2 | 15,214.8 | 13,187.7 | 12,113.4 | 11,374.2 | 1,939.1 | 5,965.9 | 6,131.6 | 6,480.2 | 5,679.3 | 5,222.3 | 1,706.0 | 1,200.9 | 1,146.9 | 936.0 | 789.5 | 562.5 |
| Cash Flow | ||||||||||||||||||||||||||||
| Operating Cash Flow | 8,585 | 8,115 | 7,569 | 8,039 | 8,512.5 | 5,891.5 | 6,520.5 | 6,126.3 | 4,666.3 | 4,066.8 | 4,002.4 | 4,162.2 | 3,865.5 | 2,890.9 | 3,330.5 | 2,300 | 2,410.3 | 1,567.1 | 1,590.9 | 1,175.1 | 631.7 | 379.2 | 424.7 | 329.8 | 283.3 | 360.7 | 168.8 | (20.3) |
| Capital Expenditure | (5,620) | (4,544) | (3,266) | (1,964) | (2,223.2) | (3,287.9) | (4,531.7) | (4,223.2) | (3,147.9) | (3,025.1) | (3,830.7) | (2,892.9) | (3,408.2) | (3,621.9) | (3,867.5) | (2,040.8) | (1,585.7) | (1,984.6) | (2,197.0) | (1,341.1) | (864.5) | (155.8) | (145.9) | (74.1) | (149.9) | (243.9) | (229.3) | (8.4) |
| Free Cash Flow | 2,965 | 3,571 | 4,303 | 6,075 | 6,289.3 | 2,603.6 | 1,988.8 | 1,903.1 | 1,518.4 | 1,041.7 | 171.7 | 1,269.3 | 457.3 | (731) | (537) | 259.2 | 791.5 | (747.5) | (606.1) | (166.0) | (232.7) | 223.4 | 278.8 | 255.6 | 133.4 | 116.8 | (60.5) | (28.7) |