Fidelity National Financial, Inc. logo FNF - Fidelity National Financial, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 14
HOLD 3
SELL 0
STRONG
SELL 0
| PRICE TARGET: $54.00 DETAILS
HIGH: $58.00
LOW: $50.00
MEDIAN: $54.00
CONSENSUS: $54.00
UPSIDE: 11.09%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3
Revenue
Revenue 3,224 4,067 3,939 3,575 2,674 3,529 3,519 3,060 3,245 3,372 2,709 3,023 2,417 2,559 3,261 2,577 3,054 4,620 3,724 3,690 3,020 3,719 2,951 2,420 1,612 2,362 2,241 2,144 1,722 1,693 2,085 2,123 1,693 762 1,986 2,059 1,643 2,507 2,267 2,482 2,048 2,284 2,392 2,395 2,061 1,193 2,093 2,059 1,786 2,071 2,174 2,279 2,041 2,235 2,033 1,727 1,190 1,149 1,201.1 1,233.7 1,131.9 1,606.9 1,373.3 1,495.5 1,213.4 1,455.3 1,467.2 1,559.5 1,346.5 1,022.5 969.8 1,168.1 1,125.1 1,296.1 1,361.4 1,495 1,368.1 4,980.5 2,634.8 2,644.8 2,354.5 1,586.5 1,774.2 1,684.8 1,265.2 1,410.5 1,562.6
Cost of Revenue 62 72 1,984 1,709 1,215 1,492 1,839 689 1,656 2,271 864 1,393 1,335 1,343 1,323 457 1,201 2,545 1,295 1,642 862 1,389 1,077 814 618 694 697 641 466 569 612 621 478 589 617 623 498 492 615 594 454 513 560 520 384 432 455 452 360 507 559 552 462 533.5 501 473 370 (76.2) 380.7 57.4 50.8 118.9 429.2 413.8 385.3 421.8 436.4 455.7 422.1 82.8 660.5 414.1 348.6 240.4 189.4 113.1 111.0 673.8 673.7 124.1 602.9 624.1 715.8 86.5 64.2 64.9 69.5
Gross Profit 3,162 3,995 1,955 1,866 1,459 2,037 1,680 2,371 1,589 1,101 1,845 1,630 1,082 1,216 1,938 2,120 1,853 2,075 2,429 2,048 2,158 2,330 1,874 1,606 994 1,668 1,544 1,503 1,256 1,124 1,473 1,502 1,215 173 1,369 1,436 1,145 2,015 1,652 1,888 1,594 1,771 1,832 1,875 1,677 761 1,638 1,607 1,426 1,564 1,615 1,727 1,579 1,701.5 1,532 1,254 820 1,225.2 820.4 1,176.3 1,081.1 1,488 944.1 1,081.7 828.1 1,033.5 1,030.8 1,103.8 924.4 939.6 309.2 753.9 776.5 1,055.7 1,172.0 1,381.9 1,257.1 4,306.8 1,961.2 2,520.7 1,751.6 962.5 1,058.5 1,598.4 1,201.0 1,345.6 1,493.1
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 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 0 0 0 0 0 0 0
SG&A Expenses 0 901 899 867 770 832 810 779 727 742 734 755 677 734 796 839 823 932 894 890 812 863 782 692 614 717 702 685 592 612 654 665 607 502 627 626 569 741 630 707 652 678 680 690 623 590 626 623 649 529 546 546 519 542.5 470 447 408 774.4 397 768.3 711.3 947.5 829.2 833.6 755.1 894.6 891.3 932.9 882.7 596.3 583.8 687.4 682.1 385.2 843.0 915.6 435.3 1,870.6 863.2 891.8 877.9 482.0 511.3 0 0 0 0
Other Expenses 2,666 2,644 603 617 578 565 557 1,134 531 527 508 543 479 446 639 550 474 456 609 445 589 537 553 513 466 512 529 465 400 451 532 562 481 (332) 500 536 448 912 775 873 811 869 914 931 903 18 840 827 866 912 907 958 923 944.9 761 588 307 311.3 311.8 298.8 292.7 361.6 (2.4) 35 30.1 32.9 31.1 39.2 42.8 365.8 42.7 50.1 52.3 749.7 329.1 339.8 694.9 1,959.5 802.5 1,332.1 654.0 275.6 274.6 1,339.1 1,069.5 1,115.7 1,278.2
Operating Expenses 2,666 3,545 1,502 1,484 1,348 1,397 1,367 1,913 1,258 1,269 1,242 1,298 1,156 1,180 1,435 1,389 1,297 1,388 1,503 1,335 1,401 1,400 1,335 1,205 1,080 1,229 1,231 1,150 992 1,063 1,186 1,227 1,088 170 1,127 1,162 1,017 1,653 1,405 1,580 1,463 1,547 1,594 1,621 1,526 608 1,466 1,450 1,515 1,441 1,453 1,504 1,442 1,487.4 1,231 1,035 715 1,085.7 708.8 1,067.1 1,004 1,309.1 826.8 868.6 785.2 927.5 922.4 972.1 925.5 962.1 626.5 737.4 734.4 1,134.9 1,172.0 1,255.5 1,130.2 3,830.1 1,665.7 2,223.9 1,531.9 757.6 785.9 1,339.1 1,069.5 1,115.7 1,278.2
Operating Income
Operating Income 496 450 453 382 111 640 313 459 332 (168) 603 333 (74) 36 503 731 556 687 926 713 757 930 539 401 (86) 439 313 353 264 61 287 275 127 3 242 274 128 362 247 308 131 224 238 254 151 153 172 157 (89) 123 162 223 137 214.1 301 219 105 139.5 111.6 109.2 77.1 178.9 117.3 213.1 42.9 105.9 108.4 131.7 (1.1) (22.4) (317.2) 16.5 42.1 (79.2) (0.1) 126.4 126.9 476.7 295.5 296.8 219.7 204.9 272.6 259.3 131.5 230.0 214.9
Interest Expense 61 61 60 61 60 57 56 47 49 45 44 43 42 26 28 31 30 31 27 28 28 28 29 21 12 11 12 12 12 12 9 11 11 1 10 13 16 34 18 33 34 34 34 32 31 16 32 33 31 22 27 21 23 24.2 19 16 15 15.1 14 13.8 14.3 13.7 12.9 12.5 7.1 8.3 8 8.6 11.8 17.9 13.5 16.2 18.6 17.7 12.8 12.4 12.0 173.5 65.9 63.0 54.6 11.3 4.7 0.4 0.3 0.8 0.8
Interest Income 0 748 754 721 718 737 739 697 665 635 611 577 552 529 468 439 399 391 370 382 349 332 330 156 33 55 35 36 54 46 44 43 38 34 32 33 28 33 29 37 30 30 30 32 31 32 28 36 29 30 29 37 33 35.1 36 37 36 30.6 36 37.3 33.7 0 33.4 36.4 38.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 804 733 740 643 367 891 558 694 547 32 800 526 102 84 657 882 701 823 1,205 846 968 1,065 668 468 (31) 496 369 409 320 117 342 331 185 62 361 397 256 512 378 443 265 362 374 390 282 289 325 293 74 195 244 296 212 292.4 354 261 137 172.6 144.1 142.3 111.9 215.2 152.5 248.1 73 138.9 146 176.9 47.5 31.5 (268.7) 67.4 97.6 (24.2) 45.1 170.1 168.2 1,027.6 503.6 497.7 399.0 245.1 301.1 284.2 156.7 257.4 240.7
EBIT 557 512 513 443 171 697 369 505 380 (123) 647 375 (32) 62 531 762 586 718 953 741 785 958 568 422 (74) 450 325 365 276 73 296 286 138 4 252 287 144 396 265 341 165 258 272 286 182 169 204 190 (58) 145 189 244 160 238.3 320 235 120 154.6 125.6 123 91.4 192.6 130.2 225.6 50 114.3 116.4 140.3 10.7 (4.6) (303.8) 32.7 60.7 (61.4) 12.7 138.9 138.9 650.2 361.4 359.7 274.4 216.2 277.2 259.7 131.8 230.8 215.8
Income Before Tax 496 450 479 391 112 652 315 459 332 (167) 618 333 (74) 35 503 745 558 697 953 727 770 936 546 401 (86) 439 313 353 264 61 287 275 127 3 242 274 128 362 247 308 131 224 238 254 151 153 172 157 (89) 123 162 223 137 214.1 301 219 105 139.5 111.6 109.2 77.1 178.9 117.3 213.1 42.9 105.9 108.4 131.7 (1.1) (22.4) (317.2) 16.5 42.1 (79.2) (0.1) 126.4 126.9 476.7 295.5 296.8 219.7 204.9 272.6 259.3 131.5 230.0 214.9
Income Tax Expense 175 536 90 98 29 144 44 116 63 (53) 141 90 14 (36) 136 202 156 158 213 176 166 128 133 89 (28) 98 59 86 65 16 51 22 31 (120) 88 101 69 127 88 101 49 71 81 88 50 233 65 54 (40) 33 52 72 46 57.9 70 81 37 39 38.9 40.4 28 51.4 40.7 76.3 13.3 38.7 34.4 34.2 0.5 (13.4) (123.4) 2.2 14.3 (34.7) (4.1) 40.5 45.0 185.3 109.9 110.4 81.7 78.6 102.1 97.8 48.9 84.6 78.7
Net Income 243 (117) 358 278 83 450 266 306 248 (69) 426 219 (59) 68 362 537 400 533 732 552 605 801 378 309 (61) 340 250 266 206 44 236 251 97 238 165 296 72 223 156 197 74 139 132 170 86 392 102 112 (22) 76 94 138 90 151.8 234 147 74 172.7 74.3 80 42.5 130.8 83.2 139.6 16.5 69.3 73.4 92 (12.4) (14.9) (198.3) 6.9 27.2 (44.9) 6.5 84.8 83.4 138.7 127.6 132.6 106.4 126.3 169.7 160.6 82.3 145.0 135.9
Per Share Data
EPS (Basic) 0.90 -0.43 1.33 1.02 0.30 1.65 0.98 1.13 0.92 -0.25 1.58 0.81 -0.22 0.25 1.06 1.37 1.42 1.89 2.59 1.93 2.09 2.74 1.30 1.12 -0.22 1.24 0.92 0.97 0.75 0.16 0.86 0.92 0.36 0.90 0.49 0.88 0.21 0.66 0.46 0.58 0.22 0.40 0.37 0.48 0.31 1.41 0.37 0.42 -0.08 0.31 0.43 0.62 0.40 0.68 1.05 0.67 0.34 0.73 0.34 0.36 0.19 0.55 0.37 0.61 0.07 0.28 0.32 0.40 -0.06 -0.06 -0.95 0.03 0.13 -0.20 0.03 0.39 0.38 0.59 0.74 0.76 0.46 0.67 0.98 0.93 0.47 0.77 0.78
EPS (Diluted) 0.90 -0.43 1.33 1.02 0.30 1.65 0.97 1.12 0.91 -0.25 1.57 0.81 -0.22 0.25 1.05 1.37 1.41 1.87 2.57 1.92 2.08 2.73 1.29 1.11 -0.22 1.22 0.90 0.96 0.74 0.16 0.85 0.90 0.35 0.88 0.49 0.88 0.21 0.66 0.46 0.58 0.22 0.40 0.36 0.48 0.30 1.41 0.37 0.41 -0.08 0.30 0.43 0.61 0.39 0.66 1.03 0.65 0.33 0.73 0.33 0.36 0.19 0.55 0.36 0.61 0.07 0.28 0.32 0.40 -0.06 -0.06 -0.95 0.03 0.13 -0.20 0.03 0.38 0.37 0.59 0.73 0.76 0.46 0.67 0.98 0.93 0.47 0.77 0.78
Shares Outstanding 269 270 272 272 273 273 272 271 271 271 270 270 270 270 273 278 281 282 283 286 289 292 291 277 271.4 274 273 273 273 274 273 273 273 272 338.0 338.0 338.7 338.8 338.5 339.9 343.4 348.0 353 357.7 278 278.9 277.9 275 274 243 226 225 225 224.2 221.3 220.5 218.8 236.7 217.7 220.7 220.7 238.7 225.9 227.5 227.5 246.1 228.7 228.1 213.2 230.6 208.7 210.8 211.1 228.3 216.3 218.7 219.0 236.9 173.5 173.5 173.5 187.6 173.5 173.5 173.5 187.7 173.5
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2007 Q3
Current Assets
Cash & Cash Equivalents 2,467 2,636 3,221 2,882 4,329 3,410 5,259 4,554 3,290 2,505 2,813 2,708 2,478 2,044 2,051 1,840 2,272 3,880 4,454 2,986 2,743 2,449 2,482 2,026 584 992 1,530 1,605 1,123 1,257 1,422 1,320 960 1,110 1,232 1,441 1,302 1,323 1,061 1,134 1,083 618.2 159.1 202.1 443.9 322.4 553.8
Short-Term Investments 54,407 54,561 30,367 29,858 26,318 27,639 27,205 24,689 23,734 24,052 21,062 20,425 37,456 19,200 32,707 33,020 33,224 32,481 30,962 29,946 27,842 28,356 26,529 25,323 3,315 2,966 2,646 2,368 2,302 2,478 2,136 2,036 2,128 2,111 2,739 2,714 2,627 2,919 2,999 3,225 3,210 256.4 353.7 348.1 392.9 707.6 375.0
Net Receivables 308 473 17,323 16,258 15,177 13,851 12,852 11,478 10,538 9,419 7,905 7,542 6,790 5,885 5,357 4,853 4,447 4,295 4,041 3,811 3,890 3,648 3,523 3,516 322 346 388 361 296 306 314 338 313 317 0 0 0 531 0 0 0 264.2 302.4 310.6 301.5 331.5 254.9
Inventory 0 0 0 0 0 0 0 (64,355) 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 (4,316) (4,702) (4,446) 0 (4,607) (4,892) (4,780) 0 0 0 0 0 0
Other Current Assets (54,407) 18,161 273 390 8,905 863 (289) 31,284 (33,950) (35,976) (33,913) (32,889) (48,715) (29,360) (42,184) (41,717) (41,300) (41,859) (40,626) (37,656) (35,516) (35,450) (33,444) (31,670) (4,618) (4,736) 0 0 0 0 0 0 0 0 309 367 295 0 441 501 462 0 0 0 0 0 0
Total Current Assets 2,775 75,831 51,184 49,388 54,729 45,763 45,027 7,650 3,612 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,010 4,020 3,508 2,043 3,592 3,439 3,055 1,722 309 367 295 2,341 441 501 462 4,221.4 3,852.2 804.3 4,139.4 3,607.5 3,900.9
Non-Current Assets
Property, Plant & Equipment 947 949 530 537 531 524 522 939 515 516 521 537 544 555 579 575 560 561 559 542 537 554 569 566 581 586 567 570 563 164 164 177 177 193 428 594 606 616 610 607 541 404.0 405.5 597.3 718.1 726.0 607.1
Goodwill 5,216 5,272 5,272 5,272 5,271 5,271 5,272 5,107 5,107 4,830 4,830 4,811 4,791 4,635 4,609 4,538 4,539 4,539 4,515 4,506 4,498 4,495 4,458 4,452 2,726 2,727 2,726 2,725 2,727 2,726 2,719 2,764 2,747 2,746 2,784 5,007 5,085 5,065 5,047 4,863 4,766 1,442.1 1,442.3 1,455.2 1,569.6 1,584.8 1,360.6
Intangible Assets 6,761 424 6,892 6,747 6,113 6,396 6,180 5,782 5,447 5,045 4,856 4,734 4,574 4,227 4,256 3,861 3,434 2,957 2,800 2,780 2,794 2,668 2,709 2,839 800 826 851 877 899 918 920 962 998 1,016 1,116 1,814 1,970 2,005 1,997 1,938 1,873 210.3 217.8 222.9 160.2 152.3 201.8
Long-Term Investments 5,299 5,166 40,518 38,164 4,302 35,182 35,782 3,931 57,378 49,213 44,146 43,544 41,930 39,908 37,531 37,764 38,417 37,631 35,717 34,385 31,995 31,986 29,761 28,420 4,395 4,231 3,753 3,484 3,353 3,414 3,285 3,141 3,276 3,261 4,075 4,052 3,952 4,230 4,372 4,593 4,468 4,211.7 4,516.5 4,581.9 4,389.0 4,303.7 3,599.7
Other Non-Current Assets 88,797 (6,539) 2,240 2,223 0 2,236 1,889 (3,004) 16,049 (59,604) (54,353) (53,626) (51,839) (49,325) (46,975) (46,738) (46,950) (45,688) (43,591) (42,213) (39,824) (39,703) (37,497) (36,277) (8,502) (8,370) (4,019) (3,750) (3,630) (3,682) (3,538) (3,395) (3,519) (3,509) 3,578 3,838 4,712 (4,647) 3,524 4,794 5,453 (3,771.2) (3,956.9) (4,428.3) (4,309.8) (4,232.0) (4,021.5)
Total Non-Current Assets 107,020 5,272 55,452 52,943 16,217 49,609 49,645 70,135 84,496 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,878 3,906 3,912 3,540 3,550 3,649 3,679 3,707 5,887 6,134 7,002 7,269 5,831 7,114 7,818 2,403.5 2,530.9 2,429 2,617.3 2,656.3 1,747.7
Total Assets 109,795 109,014 106,636 102,331 98,209 95,372 94,672 77,785 84,496 80,614 74,002 73,021 69,654 65,143 62,164 61,230 60,857 60,690 58,506 54,520 51,489 50,455 49,885 48,001 10,204 10,677 10,419 10,189 9,303 8,957 14,059 13,883 9,018 13,618 15,870 21,121 21,068 21,361 21,150 21,107 20,518 7,936.6 7,814.5 7,934.4 8,334.2 8,166.2 7,226.5
Current Liabilities
Account Payables 3,344 246 3,778 3,704 3,271 191 4,375 3,360 3,138 339 2,438 2,725 2,343 156 2,438 2,605 2,769 129 2,969 2,559 2,469 115 2,170 2,135 864 44 1,011 925 799 35 893 912 796 39 1,050 1,294 1,218 42 1,306 1,258 1,180 8.7 4.1 54.8 793.2 7.8 32.6
Short-Term Debt 0 130 (3) (3) 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 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 14 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 0 122.8 112.8 110 109.4 104.3 126.5
Other Current Liabilities (3,390) (414) 16,024 15,009 11,987 (1,288) 12,466 (12,327) (3,152) (1,166) (2,461) (2,728) (2,343) (1,030) (2,501) (2,718) (2,948) (1,232) (2,987) (2,615) (2,611) (1,062) (2,224) (2,227) (917) (704) (1,011) (974) (854) (35) (893) (912) (796) (570) (16) (346) (211) 2,144 (238) (209) (84) (674.1) (588.1) (702.9) (793.2) (784.2) (842.7)
Total Current Liabilities 0 0 19,846 18,747 15,341 0 16,862 (8,939) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5 49 55 35 44 15 164 137 1,119 1,138 1,139 65 1,141 1,140 1,142 182.7 116.9 116.9 117.9 112.0 159.2
Non-Current Liabilities
Long-Term Debt 4,402 4,400 4,401 4,400 4,394 4,321 4,186 4,175 3,884 3,887 3,695 3,696 3,696 3,238 2,693 3,094 3,095 3,096 3,097 2,663 2,663 2,662 2,664 2,430 839 838 838 838 837 836 836 734 748 759 890 2,438 2,722 2,746 2,754 2,785 2,742 0 0 861.9 0 0 643.8
Deferred Tax Liabilities 438 0 0 0 0 0 0 29 28 29 15 63 61 71 79 66 98 205 277 239 259 300 189 74 205 284 294 261 236 227 240 236 176 169 344 633 640 629 621 599 621 (122.8) (112.8) (110) 0 0 95.0
Other Non-Current Liabilities 95,869 95,642 72,683 69,987 69,301 82,519 64,339 74,511 70,221 (4,401) (4,106) (4,170) (4,167) (3,820) (3,207) (3,589) (3,603) (3,859) (3,783) (3,303) (3,320) (3,493) (3,283) (2,934) (1,483) (1,675) 3,395 3,366 3,046 3,161 3,219 3,296 3,107 3,168 3,554 3,868 3,582 3,781 3,903 (2,785) 4,282 0 0 (861.9) 0 0 (738.8)
Total Non-Current Liabilities 101,076 100,042 77,456 74,765 74,071 86,840 68,908 78,743 76,659 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,949 4,844 4,483 1,063 4,295 4,266 4,031 4,203 3,889 4,185 5,054 7,156 3,867 5,168 5,837 4,314.9 4,354.7 4,472.6 5,083.1 3,419.1 738.8
Total Liabilities 101,076 100,042 97,302 93,512 89,412 86,840 85,770 69,804 76,659 73,154 67,418 66,344 63,006 58,574 56,365 54,484 52,739 51,233 49,132 45,632 43,263 42,063 42,703 41,652 5,088 5,312 5,298 4,893 4,538 4,329 9,371 9,254 4,560 9,151 10,501 14,202 14,178 14,463 14,386 14,438 13,943 4,497.6 4,471.6 4,589.5 5,201.0 5,411.8 3,748.8
Stockholders' Equity
Common Stock 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 0 0 0.0 0 0.0 0.0 0.0
Retained Earnings 5,586 5,484 6,293 6,071 5,928 5,982 5,671 5,536 5,361 5,244 5,444 5,140 5,044 5,225 5,069 4,901 4,642 4,369 3,961 3,343 2,893 2,394 1,698 1,417 1,204 1,356 1,107 942 762 641 681 529 360 217 1,289 2,016 1,788 1,784 1,629 1,530 1,390 (22.1) (120.4) (102.4) (176.9) (233.7) 322.2
Accumulated Other Comprehensive Income (1,895) (1,678) (1,606) (1,849) (1,866) (2,052) (1,423) (2,087) (2,029) (2,119) (3,067) (2,681) (2,610) (2,870) (3,186) (2,190) (712) 779 1,005 1,094 720 1,304 720 429 28 43 46 36 14 (13) (12) (13) (7) 111 46 31 11 (13) 2 (1) (31) 43.3 30.9 35.6 (119.2) (149.1) 11.0
Total Stockholders' Equity 7,254 7,424 8,355 7,906 7,893 7,754 8,082 7,260 7,125 6,908 6,158 6,229 6,192 6,116 5,712 6,703 8,077 9,414 9,332 8,846 8,186 8,351 7,141 6,358 5,132 5,382 5,139 4,962 4,770 4,630 4,689 4,603 4,437 4,447 5,270 6,041 5,979 5,996 5,875 5,809 5,727 3,417.7 3,321.8 3,325.9 3,111.2 2,732.6 3,424.1
Total Liabilities & Equity 109,795 109,014 106,636 102,331 98,209 95,372 94,672 77,785 84,496 80,614 74,002 73,021 69,654 65,143 62,164 61,230 60,857 60,690 58,506 54,520 51,489 50,455 49,885 48,001 10,204 10,677 10,419 10,189 9,303 8,957 14,059 13,883 9,018 13,618 15,870 21,121 21,068 21,361 21,150 21,107 20,518 7,936.6 7,814.5 7,934.4 8,334.2 8,166.2 7,226.5
Debt Metrics
Total Debt 4,769 4,768 4,770 4,775 4,770 4,706 4,569 4,561 4,274 4,281 4,091 4,107 4,106 3,656 3,128 3,523 3,505 3,510 3,506 3,064 3,061 3,076 3,094 2,860 1,278 1,280 1,260 1,266 1,256 836 836 734 748 759 890 2,438 2,722 2,746 2,754 2,785 2,742 752.6 861.7 861.9 1,088.1 1,304.5 643.8
Net Debt 2,302 2,132 1,549 1,893 441 1,296 (690) 7 984 1,776 1,278 1,399 1,628 1,612 1,077 1,683 1,233 (370) (948) 78 318 627 612 834 694 288 (270) (339) 133 (421) (586) (586) (212) (351) (342) 997 1,420 1,423 1,693 1,651 1,659 134.4 702.6 659.8 644.2 982.1 90.0
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2005 Q3 2005 Q2 2005 Q1
Operating Activities
Net Income 321 (117) 389 293 83 508 271 306 269 (114) 477 243 (88) 71 294 388 399 539 737 557 609 806 385 318 (57) 344 256 270 206 46 237 254 98 236 175 302 81 233 169 206 84 169.7 160.6 82.3
Depreciation & Amortization 215 125 227 200 196 194 189 189 167 155 153 151 134 22 131 161 182 105 252 105 183 107 100 46 43 46 44 44 44 44 46 45 47 58 109 110 112 116 113 102 100 23.8 24.5 24.9
Stock-Based Compensation 23 0 23 20 21 34 15 17 16 17 15 14 14 12 13 11 13 12 10 10 11 10 10 10 9 11 9 9 9 9 7 8 7 7 13 14 10 14 15 15 14 0 0 0
Change in Working Capital 588 1,639 1,523 1,324 723 1,060 1,914 975 1,329 1,972 719 1,336 1,093 954 1,089 395 293 1,257 397 37 198 29 (74) 156 (208) 154 25 97 (117) 28 82 7 (132) (124) (21) 115 (202) 45 63 (27) (110) (27.4) 161.9 (45.9)
Other Non-Cash Items (272) 223 (851) 59 92 (301) (23) (124) (190) 233 (288) (23) 265 319 (45) (127) (220) (52) (45) (49) (45) (48) (41) (12) (1) (134) (6) (44) (146) 145 (51) 18 (2) (6) (1) (254) 3 9 11 (14) 4 31.8 (9.3) (2.1)
Operating Cash Flow 875 1,870 1,311 1,896 1,115 1,495 2,366 1,363 1,591 2,263 1,076 1,721 1,418 1,378 1,482 828 667 1,490 1,084 851 665 613 412 448 105 421 328 376 (4) 272 321 332 18 171 275 287 4 417 371 282 92 198.0 337.7 59.2
Investing Activities
Capital Expenditure (27) (34) (38) (38) (37) (30) (40) (41) (35) (31) (32) (35) (34) (31) (30) (34) (43) (38) (39) (32) (22) (35) (27) (20) (28) (27) (22) (25) (22) (27) (17) (19) (20) (17) (43) (43) (46) (60) (50) (130) (50) (42.0) (17.5) (18.8)
Acquisitions 0 (2) (571) (431) (665) (244) (464) (453) (556) (235) (331) (429) (600) (165) (331) (432) (329) (902) (399) (539) (6) (21) (193) (1,022) (9) (10) (5) (19) (1) (27) 8 (14) (26) (278) (153) 260 (64) (78) (296) (242) (107) (130.4) (0.3) (4.8)
Purchases of Investments (4,079) (7,564) (5,049) (6,343) (5,128) (6,259) (5,118) (3,705) (3,819) (3,325) (3,490) (3,093) (4,077) (4,177) (2,940) (3,537) (5,065) (5,736) (4,052) (2,943) (3,283) (2,266) (1,862) (4) (682) (511) (399) (298) (54) (642) (317) (205) (334) (239) (234) (297) (123) (102) (109) (136) (251) (780.7) (817.7) (788.7)
Sales/Maturities of Investments 3,238 4,635 3,447 3,240 4,961 3,296 3,532 2,190 3,256 143 2,216 1,516 2,340 1,527 1,272 1,557 1,984 3,692 2,702 1,437 2,231 871 1,346 1,110 265 176 138 261 256 370 210 304 309 410 174 238 259 217 236 212 554 655.1 922.7 567.2
Other Investing Activities (77) (7) 153 89 84 391 95 84 58 118 108 95 86 212 30 (31) 39 398 43 19 20 160 49 22 15 13 7 107 (85) 14 20 20 39 28 32 22 19 61 27 25 25 227.3 (387.4) 205.3
Investing Cash Flow (945) (2,972) (2,058) (3,483) (785) (2,846) (1,995) (1,925) (1,096) (3,330) (1,529) (1,946) (2,285) (2,634) (1,999) (2,477) (3,414) (2,586) (1,745) (2,058) (1,060) (1,291) (687) 86 (439) (359) (281) 26 94 (312) (96) 86 (32) (96) (224) 180 45 38 (192) (271) 171 (70.8) (300.2) (39.7)
Financing Activities
Net Debt Issuance 0 (1) (10) 0 85 153 (7) 300 7 201 (8) 0 465 546 (400) 0 0 0 0 0 0 0 238 0 0 0 0 0 0 0 18 (15) (15) 7 (55) (144) 50 (12) (34) 31 (55) 646.6 (8.7) (5.8)
Stock Repurchased (108) (68) (43) (154) (24) (55) 0 0 0 (36) (2) (16) (6) (49) (206) (169) (129) (102) (67) (182) (112) (132) 0 (15) (89) (5) (35) (28) (18) (20) 0 0 0 70 (7) (63) 0 (25) (50) (105) (96) 0 0 0
Dividends Paid (140) (140) (135) (135) (136) (141) (130) (131) (130) (134) (123) (121) (122) (124) (120) (121) (124) (126) (114) (102) (104) (107) (96) (96) (90) (90) (85) (84) (85) (82) (82) (82) (82) (74) (68) (68) (68) (68) (56) (57) (58) (796.3) (11.2) 0
Other Financing Activities 149 453 1,157 664 633 (101) (161) 1,757 377 579 659 677 1,065 710 1,291 1,572 1,433 553 2,519 1,936 918 773 651 1,040 27 (128) (2) 192 (121) (28) (59) 39 (42) (37) (161) (62) (121) 0 (2) 6 2 5.2 165.3 (25.8)
Financing Cash Flow (99) 244 969 375 675 (140) (291) 1,935 255 625 526 540 1,402 1,068 565 1,282 1,180 308 2,338 1,652 702 526 793 929 (152) (216) (122) 80 (224) (125) (123) (58) (136) (104) (291) (467) (137) (112) (144) (125) (207) (144.5) 145.3 (31.7)
Cash Position
Net Change in Cash (169) (858) 222 (1,212) 1,005 (1,491) 80 1,373 750 (442) 73 315 535 (188) 48 (367) (1,567) (788) 1,677 445 307 (152) 518 1,463 (486) (154) (75) 482 (134) (165) 102 360 (150) (29) (240) 0 (88) 343 35 (114) 56 (17.3) 182.8 (12.2)
Cash at Beginning 2,636 3,494 3,272 4,484 3,479 4,970 4,890 3,517 2,767 3,209 3,136 2,821 2,286 2,474 2,426 2,793 4,360 5,148 3,471 3,026 2,719 2,871 2,353 890 1,376 1,530 1,605 1,123 1,257 1,422 1,320 960 1,110 664 904 904 992 649 614 728 672 243.8 61.0 73.2
Cash at End 2,467 2,636 3,494 3,272 4,484 3,479 4,970 4,890 3,517 2,767 3,209 3,136 2,821 2,286 2,474 2,426 2,793 4,360 5,148 3,471 3,026 2,719 2,871 2,353 890 1,376 1,530 1,605 1,123 1,257 1,422 1,320 960 635 664 904 904 992 649 614 728 226.5 243.8 61.0
Free Cash Flow 848 1,836 1,273 1,858 1,078 1,465 2,326 1,322 1,556 2,232 1,044 1,686 1,384 1,347 1,452 794 624 1,452 1,045 819 643 578 385 428 77 394 306 351 (26) 245 304 313 (2) 154 232 244 (42) 357 321 152 42 155.9 320.2 40.4
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3
Income Statement
Revenue 3,224 4,067 3,939 3,575 2,674 3,529 3,519 3,060 3,245 3,372 2,709 3,023 2,417 2,559 3,261 2,577 3,054 4,620 3,724 3,690 3,020 3,719 2,951 2,420 1,612 2,362 2,241 2,144 1,722 1,693 2,085 2,123 1,693 762 1,986 2,059 1,643 2,507 2,267 2,482 2,048 2,284 2,392 2,395 2,061 1,193 2,093 2,059 1,786 2,071 2,174 2,279 2,041 2,235 2,033 1,727 1,190 1,149 1,201.1 1,233.7 1,131.9 1,606.9 1,373.3 1,495.5 1,213.4 1,455.3 1,467.2 1,559.5 1,346.5 1,022.5 969.8 1,168.1 1,125.1 1,296.1 1,361.4 1,495 1,368.1 4,980.5 2,634.8 2,644.8 2,354.5 1,586.5 1,774.2 1,684.8 1,265.2 1,410.5 1,562.6
Gross Profit 3,162 3,995 1,955 1,866 1,459 2,037 1,680 2,371 1,589 1,101 1,845 1,630 1,082 1,216 1,938 2,120 1,853 2,075 2,429 2,048 2,158 2,330 1,874 1,606 994 1,668 1,544 1,503 1,256 1,124 1,473 1,502 1,215 173 1,369 1,436 1,145 2,015 1,652 1,888 1,594 1,771 1,832 1,875 1,677 761 1,638 1,607 1,426 1,564 1,615 1,727 1,579 1,701.5 1,532 1,254 820 1,225.2 820.4 1,176.3 1,081.1 1,488 944.1 1,081.7 828.1 1,033.5 1,030.8 1,103.8 924.4 939.6 309.2 753.9 776.5 1,055.7 1,172.0 1,381.9 1,257.1 4,306.8 1,961.2 2,520.7 1,751.6 962.5 1,058.5 1,598.4 1,201.0 1,345.6 1,493.1
Operating Income 496 450 453 382 111 640 313 459 332 (168) 603 333 (74) 36 503 731 556 687 926 713 757 930 539 401 (86) 439 313 353 264 61 287 275 127 3 242 274 128 362 247 308 131 224 238 254 151 153 172 157 (89) 123 162 223 137 214.1 301 219 105 139.5 111.6 109.2 77.1 178.9 117.3 213.1 42.9 105.9 108.4 131.7 (1.1) (22.4) (317.2) 16.5 42.1 (79.2) (0.1) 126.4 126.9 476.7 295.5 296.8 219.7 204.9 272.6 259.3 131.5 230.0 214.9
Net Income 243 (117) 358 278 83 450 266 306 248 (69) 426 219 (59) 68 362 537 400 533 732 552 605 801 378 309 (61) 340 250 266 206 44 236 251 97 238 165 296 72 223 156 197 74 139 132 170 86 392 102 112 (22) 76 94 138 90 151.8 234 147 74 172.7 74.3 80 42.5 130.8 83.2 139.6 16.5 69.3 73.4 92 (12.4) (14.9) (198.3) 6.9 27.2 (44.9) 6.5 84.8 83.4 138.7 127.6 132.6 106.4 126.3 169.7 160.6 82.3 145.0 135.9
EPS (Diluted) 0.90 -0.43 1.33 1.02 0.30 1.65 0.97 1.12 0.91 -0.25 1.57 0.81 -0.22 0.25 1.05 1.37 1.41 1.87 2.57 1.92 2.08 2.73 1.29 1.11 -0.22 1.22 0.90 0.96 0.74 0.16 0.85 0.90 0.35 0.88 0.49 0.88 0.21 0.66 0.46 0.58 0.22 0.40 0.36 0.48 0.30 1.41 0.37 0.41 -0.08 0.30 0.43 0.61 0.39 0.66 1.03 0.65 0.33 0.73 0.33 0.36 0.19 0.55 0.36 0.61 0.07 0.28 0.32 0.40 -0.06 -0.06 -0.95 0.03 0.13 -0.20 0.03 0.38 0.37 0.59 0.73 0.76 0.46 0.67 0.98 0.93 0.47 0.77 0.78
Balance Sheet
Cash & Equivalents 2,467 2,636 3,221 2,882 4,329 3,410 5,259 4,554 3,290 2,505 2,813 2,708 2,478 2,044 2,051 1,840 2,272 3,880 4,454 2,986 2,743 2,449 2,482 2,026 584 992 1,530 1,605 1,123 1,257 1,422 1,320 960 1,110 1,232 1,441 1,302 1,323 1,061 1,134 1,083 618.2 159.1 202.1 443.9 322.4 553.8
Total Assets 109,795 109,014 106,636 102,331 98,209 95,372 94,672 77,785 84,496 80,614 74,002 73,021 69,654 65,143 62,164 61,230 60,857 60,690 58,506 54,520 51,489 50,455 49,885 48,001 10,204 10,677 10,419 10,189 9,303 8,957 14,059 13,883 9,018 13,618 15,870 21,121 21,068 21,361 21,150 21,107 20,518 7,936.6 7,814.5 7,934.4 8,334.2 8,166.2 7,226.5
Total Debt 4,769 4,768 4,770 4,775 4,770 4,706 4,569 4,561 4,274 4,281 4,091 4,107 4,106 3,656 3,128 3,523 3,505 3,510 3,506 3,064 3,061 3,076 3,094 2,860 1,278 1,280 1,260 1,266 1,256 836 836 734 748 759 890 2,438 2,722 2,746 2,754 2,785 2,742 752.6 861.7 861.9 1,088.1 1,304.5 643.8
Stockholders' Equity 7,254 7,424 8,355 7,906 7,893 7,754 8,082 7,260 7,125 6,908 6,158 6,229 6,192 6,116 5,712 6,703 8,077 9,414 9,332 8,846 8,186 8,351 7,141 6,358 5,132 5,382 5,139 4,962 4,770 4,630 4,689 4,603 4,437 4,447 5,270 6,041 5,979 5,996 5,875 5,809 5,727 3,417.7 3,321.8 3,325.9 3,111.2 2,732.6 3,424.1
Cash Flow
Operating Cash Flow 875 1,870 1,311 1,896 1,115 1,495 2,366 1,363 1,591 2,263 1,076 1,721 1,418 1,378 1,482 828 667 1,490 1,084 851 665 613 412 448 105 421 328 376 (4) 272 321 332 18 171 275 287 4 417 371 282 92 198.0 337.7 59.2
Capital Expenditure (27) (34) (38) (38) (37) (30) (40) (41) (35) (31) (32) (35) (34) (31) (30) (34) (43) (38) (39) (32) (22) (35) (27) (20) (28) (27) (22) (25) (22) (27) (17) (19) (20) (17) (43) (43) (46) (60) (50) (130) (50) (42.0) (17.5) (18.8)
Free Cash Flow 848 1,836 1,273 1,858 1,078 1,465 2,326 1,322 1,556 2,232 1,044 1,686 1,384 1,347 1,452 794 624 1,452 1,045 819 643 578 385 428 77 394 306 351 (26) 245 304 313 (2) 154 232 244 (42) 357 321 152 42 155.9 320.2 40.4