Kinder Morgan, Inc. logo KMI - Kinder Morgan, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 16
HOLD 17
SELL 1
STRONG
SELL 0
| PRICE TARGET: $35.00 DETAILS
HIGH: $38.00
LOW: $32.00
MEDIAN: $35.00
CONSENSUS: $35.00
UPSIDE: 3.58%
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
Revenue
Revenue 4,828 4,508 4,146 4,042 4,254 3,967 3,676 3,597 3,833 3,969 3,912 3,473 3,802 4,518 5,249 5,353 4,434 4,478 3,958 3,236 5,862 3,102 2,879 2,495 2,997 3,354 3,193 3,207 3,406 3,689 3,581 3,548 3,459 3,634 3,276 3,338 3,395 3,400 3,293 3,144 3,195 3,636 3,707 3,463 3,597 3,951 4,291 3,937 4,047 3,872 3,654 3,382 3,060 3,079 2,870 2,166 1,857 2,017.3 2,122 2,033.5 1,932 1,953.9 2,088.2 1,990.9 2,157.6 1,950.7
Cost of Revenue 2,460 1,447 2,790 2,600 2,712 2,534 2,386 2,272 2,353 2,624 2,673 2,244 2,481 3,259 3,967 3,888 2,935 3,195 2,700 2,042 3,231 1,940 1,842 1,579 1,835 2,109 2,005 2,011 2,138 2,446 2,352 2,257 2,208 2,549 2,179 2,204 2,155 2,160 2,096 1,304 1,282 (891) 617 570 538 522 520 502 496 1,965 2,010 1,699 1,385 1,221 1,345 1,019 854 1,098.7 1,313 1,310 1,091 2,206 1,294.9 1,167.1 1,471.1 828.2
Gross Profit 2,368 3,061 1,356 1,442 1,542 1,433 1,290 1,325 1,480 1,345 1,239 1,229 1,321 1,259 1,282 1,465 1,499 1,283 1,258 1,194 2,631 1,162 1,037 916 1,162 1,245 1,188 1,196 1,268 1,243 1,229 1,291 1,251 1,085 1,097 1,134 1,240 1,240 1,197 1,840 1,913 2,218 3,090 2,893 3,059 3,429 3,771 3,435 3,551 3,393 1,696 2,940 2,648 1,858 1,525 1,197 1,003 918.6 809 642 841 (252.1) 793.3 823.8 686.5 1,122.5
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
SG&A Expenses 298 186 375 188 187 182 176 179 175 171 162 169 166 167 162 152 156 165 174 160 156 187 153 155 153 134 154 148 154 110 154 164 173 175 164 153 181 119 171 189 190 150 160 164 179 149 135 154 172 132 158 183 140 142 186 501 129 115.8 109.1 109.7 180.4 102.4 308.2 104.8 115.7 103.8
Other Expenses 626 1,511 (81) 111 112 106 107 109 111 102 106 103 110 101 113 116 111 102 106 108 110 83 111 103 92 102 103 103 118 86 86 85 88 101 94 91 104 735 106 660 893 2,266 1,103 732 745 886 2,304 2,261 2,236 561 497 (131) 518 683 575 436 358 333.2 318.9 296.3 295.6 (804.3) 303.6 310.5 327.7 659.3
Operating Expenses 924 1,697 294 299 299 288 283 288 286 273 268 272 276 268 275 268 267 267 280 268 266 270 264 258 245 236 257 251 272 196 240 249 261 276 266 244 285 216 277 849 863 2,462 1,986 1,955 891 2,201 2,439 2,415 2,408 747 705 911 658 893 761 501 487 443.2 435.9 406 485.2 (701.9) 611.8 415.3 443.4 763.1
Operating Income
Operating Income 1,444 1,364 1,062 1,143 1,243 1,145 1,007 1,037 1,194 1,072 971 957 1,045 991 1,007 1,197 1,232 1,016 978 926 2,365 892 773 658 917 1,009 931 945 996 1,047 989 1,042 990 809 831 890 955 1,024 920 940 816 (244) 721 892 1,078 956 1,332 1,013 1,147 1,160 1,041 775 1,020 965 852 293 516 469.6 381 256.6 397 449.8 181.1 405.4 244.4 359.4
Interest Expense 430 442 456 452 450 442 461 465 475 449 454 452 445 414 400 369 372 373 368 377 379 382 383 393 429 444 445 449 450 459 471 512 462 452 456 461 462 426.3 482.3 471 441 527 540 472 489 478 432 440 448 428 418 427 402 414 532 297 184 179.1 177.4 172.7 174.1 169 173.9 163.7 156.2 152
Interest Income 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 8 9 6 5 3.9 6 5.7 5 0 5 7.3 5.6 0
Profitability
EBITDA 2,077 1,599 1,904 1,987 1,989 1,929 1,812 1,819 2,044 1,840 1,715 1,787 1,909 1,859 1,680 1,749 1,788 1,688 1,539 (72) 2,696 1,710 1,534 405 763 2,187 1,691 1,704 1,782 1,821 2,241 907 1,738 1,340 1,565 1,637 1,711 1,371.3 1,225.3 1,611 1,460 1,920 1,725 1,573 1,681 1,421 1,852 1,617 1,745 1,720 1,607 1,878 1,754 1,273 1,372 670 861 860.8 558 567 676 570.4 509 739.5 163.3 652.5
EBIT 1,444 981 1,295 1,371 1,379 1,333 1,225 1,235 1,457 1,273 1,154 1,230 1,344 1,305 1,129 1,206 1,250 1,148 1,013 (600) 2,155 1,182 995 (127) 198 1,526 1,113 1,125 1,189 1,234 1,672 336 1,168 776 1,003 1,060 1,153 814.3 676.3 1,059 909 1,336 1,106 1,003 1,155 899 1,332 1,115 1,249 78 1,140 1,433 1,339 864 969 337 580 576.5 271 303 420 305.3 247.3 469.8 (119) 359.4
Income Before Tax 1,288 1,305 839 919 929 891 764 770 982 824 700 778 899 891 729 837 878 775 645 (977) 1,776 800 612 (520) (231) 1,082 668 676 739 775 1,201 (176) 706 324 547 599 691 388 194 588 468 (518) 291 531 643 590 1,025 675 801 773 722 1,006 937 450 446 80 401 397.4 95 169.6 246 363.6 73.4 306.1 (275.2) 269.2
Income Tax Expense 287 284 185 177 186 197 113 168 209 206 145 168 196 198 134 184 194 121 134 (237) 351 177 140 104 60 455 151 148 172 273 196 (46) 164 1,316 160 216 246 173 377 213 154 43 108 189 244 24 246 178 200 67 171 225 279 (26) 60 42 96 112.6 66.5 87.8 95.9 196.7 20.6 45.8 (95.5) 79.4
Net Income 976 996 628 715 717 667 625 575 746 594 532 586 679 670 576 635 667 637 495 (757) 1,409 607 455 (637) (306) 610 506 518 556 494 732 (141) 524 (1,006) 373 376 440 209 (188) 372 315 (695) 186 333 429 126 329 284 287 338 286 277 292 220 200 (126) 21 155.8 151.5 132.1 155 63 10.6 46 (160.9) 127.1
Per Share Data
EPS (Basic) 0.44 0.45 0.28 0.32 0.32 0.30 0.28 0.26 0.33 0.27 0.24 0.26 0.30 0.30 0.25 0.28 0.29 0.28 0.22 -0.34 0.62 0.27 0.20 -0.28 -0.14 0.27 0.22 0.23 0.24 0.22 0.31 -0.08 0.22 -0.47 0.15 0.15 0.18 0.08 -0.10 0.15 0.12 -0.29 0.08 0.15 0.22 0.09 0.32 0.28 0.28 0.33 0.27 0.27 0.28 0.34 0.19 -0.15 0.03 0.22 0.21 0.19 0.12 0.09 0.01 0.07 -0.23 0.18
EPS (Diluted) 0.44 0.45 0.28 0.32 0.32 0.30 0.28 0.26 0.33 0.27 0.24 0.26 0.30 0.30 0.25 0.28 0.29 0.28 0.22 -0.34 0.62 0.27 0.20 -0.28 -0.14 0.27 0.22 0.23 0.24 0.22 0.31 -0.08 0.22 -0.47 0.15 0.15 0.18 0.08 -0.10 0.15 0.12 -0.29 0.08 0.15 0.22 0.09 0.32 0.28 0.28 0.33 0.27 0.27 0.28 0.26 0.19 -0.15 0.03 0.22 0.12 0.10 0.12 0.05 0.01 0.04 -0.12 0.10
Shares Outstanding 2,225 2,225 2,224 2,222 2,222 2,220 2,221 2,219 2,220 2,221 2,230 2,237 2,247 2,248 2,253 2,265 2,267 2,267 2,267 2,265 2,263.0 2,263 2,263 2,261 2,264 2,265 2,264 2,262 2,262 2,248 2,205 2,204 2,207 2,229 2,231 2,230 2,230 2,230 2,230 2,229 2,229 2,229 2,203 2,175 2,141 1,457 1,028 1,028 1,028.0 1,035 1,036 1,036 1,036 1,036 1,037 842 707 707 707 707 707 707 707 707 707 707
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 2009 Q4
Current Assets
Cash & Cash Equivalents 72 109 71 82 80 88 108 98 119 83 80 497 416 745 483 100 84 1,140 102 1,365 1,377 1,184 632 526 360 185 241 213 221 3,280 3,459 271 294 264 539 452 396 684 357 180 175 165.6
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 0 925 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,582 1,714 1,444 1,453 1,476 1,506 1,265 1,293 1,404 1,588 1,502 1,284 1,321 1,840 1,873 2,063 1,661 1,611 1,433 1,416 1,425 1,293 1,142 1,073 1,186 1,379 1,273 1,227 1,310 1,498 1,545 1,520 1,512 1,613 1,214 1,353 1,440 1,550 1,282 1,278 1,203 916.3
Inventory 593 574 560 560 577 555 526 537 548 525 565 569 589 634 715 690 591 562 457 396 389 348 317 336 307 371 405 450 429 385 383 420 442 424 428 438 380 357 325 361 364 115.4
Other Current Assets 460 357 351 391 446 372 278 262 236 346 286 368 370 584 748 755 697 516 694 1,106 543 378 581 555 1,243 378 446 410 302 559 379 423 380 414 432 483 459 638 1,399 651 739 183
Total Current Assets 2,707 2,754 2,426 2,486 2,579 2,521 2,177 2,190 2,307 2,542 2,433 2,718 2,696 3,803 3,819 3,608 3,033 3,829 2,686 4,283 3,734 3,203 2,672 2,490 3,096 3,238 2,365 2,300 2,262 5,722 5,766 2,634 2,628 2,715 2,613 2,726 2,675 3,229 3,363 2,470 2,481 1,380.3
Non-Current Assets
Property, Plant & Equipment 39,699 39,547 39,021 38,818 38,701 38,013 37,709 37,533 37,313 37,297 35,944 35,759 35,639 35,599 35,534 35,530 35,557 35,968 35,576 34,570 35,605 35,836 35,958 36,027 36,041 36,419 37,934 37,840 37,782 37,897 37,795 39,905 40,333 40,155 39,867 39,423 39,023 38,705 38,780 41,199 41,042 16,803.5
Goodwill 20,084 20,084 20,084 20,084 20,084 20,084 20,084 20,084 20,094 20,121 19,965 19,965 19,965 19,965 19,965 19,914 19,914 19,914 20,033 19,851 19,851 19,851 19,851 19,851 20,851 21,451 21,964 21,964 21,965 21,965 21,965 22,153 22,157 22,162 22,164 22,159 22,154 22,152 22,163 23,802 23,801 4,744.3
Intangible Assets 1,686 1,730 1,774 1,818 1,868 1,760 1,809 1,858 1,907 1,957 1,652 1,696 1,743 1,809 1,875 1,557 1,618 1,678 1,744 1,585 2,396 2,453 2,510 2,567 2,616 2,676 2,729 2,782 2,826 2,880 2,935 2,989 3,044 3,099 3,153 3,208 3,263 3,318 3,384 3,440 3,496 259.8
Long-Term Investments 7,651 7,645 7,747 7,854 7,877 7,845 7,882 7,851 7,906 7,874 7,674 7,665 7,616 7,653 7,465 7,470 7,545 7,872 7,620 7,650 7,693 7,917 8,014 7,892 7,886 7,759 8,387 8,124 7,770 7,481 7,432 7,293 7,420 7,298 7,484 7,442 7,136 7,027 7,358 6,202 6,035 3,695.6
Other Non-Current Assets 1,249 988 1,264 1,311 1,209 1,184 1,218 1,186 1,209 1,229 1,194 1,270 1,272 1,249 1,334 1,311 1,460 1,040 1,678 1,744 1,716 2,177 2,145 2,167 2,195 1,757 2,228 2,198 2,040 1,355 1,296 1,388 1,543 1,582 1,638 1,626 1,478 1,522 1,961 2,229 2,271 697.5
Total Non-Current Assets 70,369 71,800 69,890 69,885 69,739 68,886 68,702 68,512 68,429 68,478 66,429 66,355 66,235 66,275 66,173 65,782 66,102 68,539 66,954 65,892 67,474 68,770 69,149 69,294 70,434 70,919 74,566 74,395 74,030 73,144 73,297 75,681 76,383 76,340 77,738 77,477 77,118 77,076 78,241 81,847 81,748 26,200.7
Total Assets 73,072 74,554 72,316 72,371 72,318 71,407 70,879 70,702 70,736 71,020 68,862 69,073 68,931 70,078 69,992 69,390 69,135 72,368 69,640 70,175 71,208 71,973 71,821 71,784 73,530 74,157 76,931 76,695 76,292 78,866 79,063 78,315 79,011 79,055 80,351 80,203 79,793 80,305 81,604 84,317 84,229 27,581
Current Liabilities
Account Payables 1,366 1,408 1,295 1,301 1,246 1,395 1,256 1,204 1,074 1,366 1,430 1,142 1,087 1,444 1,579 1,691 1,204 1,259 1,189 949 968 837 774 698 752 914 916 900 1,012 1,337 1,307 1,269 1,221 1,340 1,358 1,353 1,214 1,257 1,192 1,087 1,017 620.8
Short-Term Debt 2,186 1,275 1,081 788 3,044 2,009 1,984 3,062 1,975 4,049 3,130 2,760 2,160 3,385 2,634 2,970 3,324 2,691 2,822 2,183 2,173 2,558 2,057 3,006 3,540 2,377 4,406 3,054 2,502 3,388 1,662 1,695 2,494 2,703 3,156 3,224 3,928 2,696 2,944 3,419 1,702 768.7
Deferred Revenue 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 76.1
Other Current Liabilities 1,630 1,383 817 802 947 878 844 945 965 1,021 1,304 1,190 1,177 1,322 1,311 1,572 1,409 1,601 952 999 811 580 544 662 684 808 760 876 870 894 2,032 1,525 998 970 941 878 839 1,085 712 1,025 895 308.6
Total Current Liabilities 5,182 4,322 3,846 3,633 5,778 5,101 4,731 5,958 4,575 7,221 6,251 5,603 4,775 6,930 6,148 6,892 6,450 5,821 5,825 5,059 4,618 5,074 4,376 5,202 5,608 5,100 6,826 5,659 5,009 7,557 5,489 5,379 5,429 6,181 6,174 6,363 6,689 5,924 6,044 6,566 4,396 2,319.2
Non-Current Liabilities
Long-Term Debt 29,870 30,944 31,499 31,761 29,855 30,074 29,937 28,539 30,061 27,846 27,762 28,523 29,237 28,294 28,998 28,443 28,650 30,943 29,892 30,967 30,951 32,021 32,550 31,331 31,295 31,805 32,001 32,895 33,218 33,726 35,158 35,256 35,543 34,805 35,116 35,100 35,464 37,354 38,518 40,201 42,105 13,240.7
Deferred Tax Liabilities 3,120 4,697 2,605 2,417 2,233 2,070 1,853 1,729 1,568 1,388 1,112 1,010 831 623 442 196 0 1,952 0 0 0 1,533 0 0 0 845 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,035.9
Other Non-Current Liabilities 2,317 1,975 2,333 2,479 2,526 2,102 2,612 2,782 2,789 2,836 2,156 2,028 1,974 2,117 2,269 2,234 2,328 1,460 2,270 2,326 2,331 2,312 2,203 2,359 2,370 2,363 2,829 2,882 2,904 2,386 2,517 2,605 2,381 2,945 2,537 2,526 2,635 2,225 2,074 2,077 2,182 1,140.1
Total Non-Current Liabilities 35,307 37,783 36,437 36,657 34,614 34,439 34,402 33,050 34,418 32,070 31,030 31,561 32,042 31,034 31,709 30,873 30,978 34,626 32,162 33,293 33,282 35,866 34,753 33,690 33,665 35,013 34,830 35,777 36,122 36,427 37,675 37,861 37,924 37,995 37,653 37,626 38,099 39,783 40,592 42,278 44,287 16,416.7
Total Liabilities 40,489 42,105 40,283 40,290 40,392 39,540 39,133 39,008 38,993 39,291 37,281 37,164 36,817 37,964 37,857 37,765 37,428 40,447 37,987 38,352 37,900 40,940 39,129 38,892 39,273 40,113 41,656 41,436 41,131 43,669 43,164 43,240 43,353 43,931 43,827 43,989 44,788 45,503 46,636 48,844 48,683 18,735.9
Stockholders' Equity
Common Stock 22 22 22 22 22 22 22 22 22 22 22 22 22 22 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 22 22 22 22 22 22 22 22 22 22 22 4,338.4
Retained Earnings (9,859) (10,181) (10,523) (10,497) (10,558) (10,633) (10,658) (10,640) (10,574) (10,689) (10,652) (10,550) (10,499) (10,551) (10,593) (10,540) (10,544) (10,595) (10,617) (10,496) (9,124) (9,936) (9,945) (9,802) (8,568) (7,693) (7,733) (7,671) (7,619) (7,716) (7,744) (7,993) (7,365) (7,754) (6,429) (6,482) (6,540) (6,669) (6,560) (6,053) (6,106) 0
Accumulated Other Comprehensive Income (137) 45 (14) (24) (109) (95) (175) (262) (276) (217) (418) (290) (341) (402) (363) (592) (674) (411) (642) (609) (487) (407) (255) (199) (62) (333) (384) (448) (508) (330) (495) (690) (667) (541) (469) (483) (593) (661) (557) (554) (414) (167.9)
Total Stockholders' Equity 31,322 31,162 30,740 30,770 30,605 30,531 30,406 30,338 30,372 30,306 30,258 30,569 30,757 30,742 30,756 30,545 30,618 30,823 30,552 30,711 32,187 31,436 31,559 31,753 33,106 33,742 33,633 33,638 33,612 33,678 33,487 33,035 33,667 33,636 35,225 35,149 34,645 34,431 34,606 35,111 35,180 4,170.5
Total Liabilities & Equity 73,072 74,554 72,316 72,371 72,318 71,407 70,879 70,702 70,736 71,020 68,862 69,073 68,931 70,078 69,992 69,390 69,135 72,368 69,640 70,175 71,208 73,506 71,821 71,784 73,530 75,002 76,931 76,695 76,292 78,866 79,063 78,315 79,011 79,055 80,351 80,203 79,793 80,305 81,604 84,317 84,229 27,581
Debt Metrics
Total Debt 32,056 32,386 32,580 32,549 32,899 32,336 31,921 31,601 32,036 31,895 30,892 31,283 31,397 31,679 31,632 31,413 31,974 33,905 32,714 33,150 33,124 34,579 34,607 34,337 34,835 34,182 36,407 35,949 35,720 37,114 36,820 36,951 38,037 37,508 38,272 38,324 39,392 40,050 41,462 43,620 43,807 14,009.4
Net Debt 31,984 32,277 32,509 32,467 32,819 32,122 31,813 31,503 31,917 31,812 30,812 30,786 30,981 30,934 31,149 31,313 31,890 32,758 32,612 31,785 31,747 33,395 33,975 33,811 34,475 33,997 36,166 35,736 35,499 33,834 33,361 36,680 37,743 37,244 37,733 37,872 38,996 39,366 41,105 43,440 43,632 13,843.8
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
Operating Activities
Net Income 1,001 991 654 742 743 694 621 572 742 591 555 582 703 693 595 653 684 654 511 (740) 1,409 603 472 (624) (291) 610 503 515 567 491 732 (130) 524 (992) 387 383 445 215 (183) 375 314
Depreciation & Amortization 633 618 609 616 610 596 587 584 587 567 561 557 17 572 570 562 538 540 526 528 541 528 539 532 565 661 578 579 593 587 569 571 570 564 562 577 558 557 549 552 551
Stock-Based Compensation 0 0 0 0 0 64 0 0 0 0 0 0 0 60 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 66 0 0 0 66 0 0 0
Change in Working Capital (363) (13) 176 228 (404) 44 (52) 347 (339) 913 7 304 (49) 11 (187) 248 (330) (36) (62) 272 (370) 117 (116) 269 (239) 182 (202) 250 (457) 350 (463) 272 (266) 11 94 159 (266) (10) (4) 192 (178)
Other Non-Cash Items (61) (111) (210) (97) 46 (81) (4) 71 36 36 22 (57) 472 (125) (193) (78) 2 (9) 23 1,620 (54) (161) 19 1,065 927 (289) 1 (23) (37) (21) 27 828 (3) 196 (72) (42) (90) 150 417 (34) 184
Operating Cash Flow 1,491 1,753 1,414 1,649 1,162 1,510 1,249 1,733 1,224 2,322 1,286 1,550 1,333 1,404 915 1,564 1,084 1,268 1,129 1,438 1,873 1,268 1,050 1,339 893 1,627 1,023 1,463 635 1,668 907 1,494 974 1,294 1,141 1,280 886 1,292 1,151 1,294 1,050
Investing Activities
Capital Expenditure (804) (172) (793) (647) (766) (776) (657) (639) (619) (656) (647) (535) (507) (477) (365) (372) (407) (387) (349) (278) (267) (356) (388) (523) (440) (551) (541) (624) (554) (714) (737) (766) (707) (957) (895) (672) (664) (773) (639) (659) (811)
Acquisitions 0 (648) 0 0 0 0 0 0 0 (1,829) (12) 0 0 (487) 69 0 0 (1,547) 73 2 18 (907) 0 0 907 1,419 0 96 (16) 86 3,003 0 33 (4) 0 0 (4) (1) 0 (1) (330)
Purchases of Investments (53) (75) (34) (27) (42) (28) (49) (26) (18) (33) (43) (91) (45) (169) (40) (9) (11) (2) (10) (4) (22) (21) (140) (74) (151) (151) (336) (481) (331) (139) (183) (45) (66) (53) (83) (357) (191) (19) (26) (319) (44)
Sales/Maturities of Investments 0 382 0 0 0 0 0 0 0 1,829 12 0 0 (8) (69) 4 0 (623) 4 0 413 2,025 0 0 907 236 0 39 95 124 42 0 33 126 0 0 213 153 0 0 373
Other Investing Activities 54 (25) 164 49 (606) (29) 20 19 30 (1,753) 43 48 44 511 (468) 76 47 2,165 (1,518) 39 (12) (876) (7) 21 (888) (57) 62 (11) (8) (111) (7) 104 (18) 12 65 93 9 (18) 1,498 242 (332)
Investing Cash Flow (803) (538) (663) (625) (1,414) (771) (686) (646) (607) (2,442) (647) (578) (508) (630) (873) (301) (371) (394) (1,800) (241) 130 (135) (535) (576) 335 896 (815) (981) (814) (754) 2,118 (707) (725) (876) (913) (936) (637) (658) 833 (736) (1,144)
Financing Activities
Net Debt Issuance 70 666 (1,279) (416) 1,029 16 162 (421) 125 912 (286) (6) (386) (10) 555 (361) (865) 637 (354) (5) (1,158) (5) 282 (545) 156 (2,003) 395 11 (1,591) (456) 626 (365) 355 (332) (70) (1,189) (605) (781) (706) (227) 274
Stock Repurchased 0 0 0 0 0 0 0 0 (7) (132) (73) (204) (113) (35) (160) (172) (1) 0 0 0 0 0 0 0 (50) 0 0 0 (2) (23) 0 0 (250) (250) 0 0 0 0 0 0 0
Dividends Paid (654) (654) (654) (654) (642) (642) (643) (641) (631) (631) (634) (637) (627) (628) (629) (631) (616) (630) (638) (637) (620) (617) (620) (617) (587) (581) (569) (569) (455) (494) (483) (481) (316) (319) (319) (319) (319) (318) (319) (319) (316)
Other Financing Activities (33) (1,251) 1,118 (52) (54) (31) (73) (44) (57) (30) (69) (43) (55) (30) 498 (30) (30) (13) (27) (9) (11) (3) (26) 0 (6) (1) (13) 53 (860) 2 14 45 2 214 230 1,211 386 794 (788) (8) 77
Financing Cash Flow (617) (1,239) (815) (1,122) 333 (657) (554) (1,106) (570) 119 (1,062) (890) (1,181) (703) 264 (1,194) (1,512) (6) (1,019) (651) (1,789) (625) (364) (1,162) (487) (2,585) (187) (505) (2,908) (971) 157 (801) (209) (687) (159) (297) (538) (305) (1,806) (553) 35
Cash Position
Net Change in Cash 71 (24) (64) (98) 81 81 9 (19) 47 (1) (423) 82 (356) 71 306 69 (799) 868 (1,690) 546 214 510 153 (396) 733 (59) 19 (21) (3,061) (229) 3,213 (16) 37 (275) 87 56 (288) 327 177 5 (54)
Cash at Beginning 109 133 197 295 214 133 124 143 96 97 520 438 794 723 417 348 1,147 279 1,969 1,423 1,209 699 546 942 209 268 249 270 3,331 3,560 347 363 326 539 452 396 684 357 180 175 229
Cash at End 180 109 133 197 295 214 133 124 143 96 97 520 438 794 723 417 348 1,147 279 1,969 1,423 1,209 699 546 942 209 268 249 270 3,331 3,560 347 363 264 539 452 396 684 357 180 175
Free Cash Flow 687 1,581 621 1,002 396 734 592 1,094 605 1,666 639 1,015 826 927 550 1,192 677 881 780 1,160 1,606 912 662 816 453 1,076 482 839 81 954 170 728 267 337 246 608 222 519 512 635 239
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
Income Statement
Revenue 4,828 4,508 4,146 4,042 4,254 3,967 3,676 3,597 3,833 3,969 3,912 3,473 3,802 4,518 5,249 5,353 4,434 4,478 3,958 3,236 5,862 3,102 2,879 2,495 2,997 3,354 3,193 3,207 3,406 3,689 3,581 3,548 3,459 3,634 3,276 3,338 3,395 3,400 3,293 3,144 3,195 3,636 3,707 3,463 3,597 3,951 4,291 3,937 4,047 3,872 3,654 3,382 3,060 3,079 2,870 2,166 1,857 2,017.3 2,122 2,033.5 1,932 1,953.9 2,088.2 1,990.9 2,157.6 1,950.7
Gross Profit 2,368 3,061 1,356 1,442 1,542 1,433 1,290 1,325 1,480 1,345 1,239 1,229 1,321 1,259 1,282 1,465 1,499 1,283 1,258 1,194 2,631 1,162 1,037 916 1,162 1,245 1,188 1,196 1,268 1,243 1,229 1,291 1,251 1,085 1,097 1,134 1,240 1,240 1,197 1,840 1,913 2,218 3,090 2,893 3,059 3,429 3,771 3,435 3,551 3,393 1,696 2,940 2,648 1,858 1,525 1,197 1,003 918.6 809 642 841 (252.1) 793.3 823.8 686.5 1,122.5
Operating Income 1,444 1,364 1,062 1,143 1,243 1,145 1,007 1,037 1,194 1,072 971 957 1,045 991 1,007 1,197 1,232 1,016 978 926 2,365 892 773 658 917 1,009 931 945 996 1,047 989 1,042 990 809 831 890 955 1,024 920 940 816 (244) 721 892 1,078 956 1,332 1,013 1,147 1,160 1,041 775 1,020 965 852 293 516 469.6 381 256.6 397 449.8 181.1 405.4 244.4 359.4
Net Income 976 996 628 715 717 667 625 575 746 594 532 586 679 670 576 635 667 637 495 (757) 1,409 607 455 (637) (306) 610 506 518 556 494 732 (141) 524 (1,006) 373 376 440 209 (188) 372 315 (695) 186 333 429 126 329 284 287 338 286 277 292 220 200 (126) 21 155.8 151.5 132.1 155 63 10.6 46 (160.9) 127.1
EPS (Diluted) 0.44 0.45 0.28 0.32 0.32 0.30 0.28 0.26 0.33 0.27 0.24 0.26 0.30 0.30 0.25 0.28 0.29 0.28 0.22 -0.34 0.62 0.27 0.20 -0.28 -0.14 0.27 0.22 0.23 0.24 0.22 0.31 -0.08 0.22 -0.47 0.15 0.15 0.18 0.08 -0.10 0.15 0.12 -0.29 0.08 0.15 0.22 0.09 0.32 0.28 0.28 0.33 0.27 0.27 0.28 0.26 0.19 -0.15 0.03 0.22 0.12 0.10 0.12 0.05 0.01 0.04 -0.12 0.10
Balance Sheet
Cash & Equivalents 72 109 71 82 80 88 108 98 119 83 80 497 416 745 483 100 84 1,140 102 1,365 1,377 1,184 632 526 360 185 241 213 221 3,280 3,459 271 294 264 539 452 396 684 357 180 175 165.6
Total Assets 73,072 74,554 72,316 72,371 72,318 71,407 70,879 70,702 70,736 71,020 68,862 69,073 68,931 70,078 69,992 69,390 69,135 72,368 69,640 70,175 71,208 71,973 71,821 71,784 73,530 74,157 76,931 76,695 76,292 78,866 79,063 78,315 79,011 79,055 80,351 80,203 79,793 80,305 81,604 84,317 84,229 27,581
Total Debt 32,056 32,386 32,580 32,549 32,899 32,336 31,921 31,601 32,036 31,895 30,892 31,283 31,397 31,679 31,632 31,413 31,974 33,905 32,714 33,150 33,124 34,579 34,607 34,337 34,835 34,182 36,407 35,949 35,720 37,114 36,820 36,951 38,037 37,508 38,272 38,324 39,392 40,050 41,462 43,620 43,807 14,009.4
Stockholders' Equity 31,322 31,162 30,740 30,770 30,605 30,531 30,406 30,338 30,372 30,306 30,258 30,569 30,757 30,742 30,756 30,545 30,618 30,823 30,552 30,711 32,187 31,436 31,559 31,753 33,106 33,742 33,633 33,638 33,612 33,678 33,487 33,035 33,667 33,636 35,225 35,149 34,645 34,431 34,606 35,111 35,180 4,170.5
Cash Flow
Operating Cash Flow 1,491 1,753 1,414 1,649 1,162 1,510 1,249 1,733 1,224 2,322 1,286 1,550 1,333 1,404 915 1,564 1,084 1,268 1,129 1,438 1,873 1,268 1,050 1,339 893 1,627 1,023 1,463 635 1,668 907 1,494 974 1,294 1,141 1,280 886 1,292 1,151 1,294 1,050
Capital Expenditure (804) (172) (793) (647) (766) (776) (657) (639) (619) (656) (647) (535) (507) (477) (365) (372) (407) (387) (349) (278) (267) (356) (388) (523) (440) (551) (541) (624) (554) (714) (737) (766) (707) (957) (895) (672) (664) (773) (639) (659) (811)
Free Cash Flow 687 1,581 621 1,002 396 734 592 1,094 605 1,666 639 1,015 826 927 550 1,192 677 881 780 1,160 1,606 912 662 816 453 1,076 482 839 81 954 170 728 267 337 246 608 222 519 512 635 239