Southwest Airlines Co. logo LUV - Southwest Airlines Co.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 19
HOLD 21
SELL 5
STRONG
SELL 0
| PRICE TARGET: $52.05 DETAILS
HIGH: $65.00
LOW: $32.00
MEDIAN: $54.00
CONSENSUS: $52.05
UPSIDE: 6.97%
Annual Quarterly
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 28,063 27,483 26,091 23,814 15,790 9,048 22,428 21,965 21,171 20,425 19,820 18,605 17,699 17,088 15,658 12,104 10,350 11,023 9,861 9,086 7,584 6,530 5,937 5,521.8 5,555.2 5,649.6 4,735.6 4,164.0 3,816.8 3,406.2 2,872.8 2,591.9 2,296.7 1,685.2 1,313.6 1,186.8 1,015.1 860.4 765.1 755.9
Cost of Revenue 23,168 23,024 21,868 19,062 11,675 10,938 16,445 15,907 14,892 14,064 13,423 14,049 14,209 14,243 12,952 9,690 4,667 3,618 2,590 5,238 4,210 3,687 3,353 3,233 3,150.0 2,965.6 2,521.6 2,221 2,204 2,107.3 1,748 1,526.2 1,098.7 793.1 675.3 596 482.7 400.2 351.6 267.2
Gross Profit 4,895 4,459 4,223 4,752 4,115 (1,890) 5,983 6,058 6,254 6,225 6,397 4,556 3,490 2,845 2,706 2,414 5,683 7,405 7,271 3,848 3,374 2,843 2,584 2,289 2,405.1 2,684.0 2,214.4 1,943.0 1,612.8 1,298.9 1,124.8 1,065.7 1,198 892.1 638.3 590.8 532.4 460.2 413.5 488.7
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 4,467 346 266 224 185 0 0 0 0 0 0 0 0 0 4,371 3,704 3,468 3,340 3,213 3,705 3,319 3,032 2,827 2,579 1,856.3 2,145.1 2,053.3 1,703.0 1,542.3 1,518.9 1,321.2 1,188.3 786.7 608.2 489.2 429.4 362.4 308.1 330.8 345.1
Other Expenses 0 3,792 3,733 3,511 2,209 1,926 3,026 2,852 2,847 2,703 2,281 2,331 2,212 2,222 (2,358) (2,278) 1,953 3,616 3,267 (791) (670) (743) (622) (631) (82.3) (482.7) (620.9) (443.7) (453.8) (570.9) (509.9) (439.3) 119.3 101.2 86.2 79.4 72.3 66.2 65.5 67.5
Operating Expenses 4,467 4,138 3,999 3,735 2,394 1,926 3,026 2,852 2,847 2,703 2,281 2,331 2,212 2,222 2,013 1,426 5,421 6,956 6,480 2,914 2,649 2,289 2,205 1,948 1,774.0 1,662.4 1,432.4 1,259.4 1,088.6 948.0 811.3 749.0 906 709.4 575.4 508.8 434.7 374.3 396.3 412.6
Operating Income
Operating Income 428 321 224 1,017 1,721 (3,816) 2,957 3,206 3,407 3,522 4,116 2,225 1,278 623 693 988 262 449 791 934 725 554 379 341 631.1 1,022 782 683.6 524.2 350.8 313.5 316.7 292 182.7 62.9 82 97.7 85.9 17.2 76.1
Interest Expense 113 214 236 301 431 314 82 93 65 75 90 107 107 126 182 149 165 105 119 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 205 497 583 217 13 32 90 69 35 24 9 7 6 7 10 30 13 51 94 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 2,236 2,469 2,391 2,380 3,028 (2,687) 4,258 4,458 4,548 4,746 4,584 2,861 2,183 1,655 1,220 1,522 945 982 1,732 1,449 1,194 (3,289) 763 (3,067.7) 949.0 1,303.3 (1,932.6) (1,729.3) (1,890.0) (1,951.3) (694.8) (560.6) 411.3 283.9 149.1 161.4 170 152.1 82.7 143.6
EBIT 676 812 869 1,029 1,756 (3,942) 3,039 3,257 3,330 3,525 3,569 1,923 1,316 811 505 894 329 383 1,177 934 725 (3,720) 379 (3,424) 631.1 1,022 (2,181.3) (1,954.5) (2,085.6) (2,134.8) (851.6) (699.6) 292 182.7 62.9 82 97.7 85.9 17.2 76.1
Income Before Tax 563 598 633 728 1,325 (4,256) 2,957 3,164 3,265 3,450 3,479 1,816 1,209 685 323 745 164 278 1,058 790 779 489 604 317 827.7 1,018 774 705.1 517.0 341.4 305.1 299.5 259.7 146.8 43.8 74.8 111 85.4 29.1 65.4
Income Tax Expense 122 133 168 189 348 (1,182) 657 699 (92) 1,267 1,298 680 455 264 145 286 65 100 413 291 295 176 232 152 316.5 392.1 299.2 271.7 199.2 134.0 122.5 120.2 105.4 55.8 16.9 27.7 39.4 27.4 8.9 15.4
Net Income 441 465 465 539 977 (3,074) 2,300 2,465 3,488 2,244 2,181 1,136 754 421 178 459 99 178 645 499 548 313 442 241.0 511.1 603.1 474.4 433.4 317.8 207.3 182.6 179.3 169.6 103.5 26.9 47.1 71.6 58 20.2 50
Per Share Data
EPS (Basic) 0.82 0.81 0.81 0.91 1.65 -5.44 4.28 4.30 5.80 3.58 3.30 1.65 1.06 0.56 0.23 0.62 0.13 0.24 0.85 0.63 0.69 0.40 0.57 0.24 0.67 0.81 0.63 0.58 0.43 0.27 0.25 0.24 0.23 0.15 0.04 0.07 0.10 0.08 0.03 0.07
EPS (Diluted) 0.79 0.75 0.76 0.87 1.61 -5.44 4.27 4.29 5.78 3.55 3.26 1.63 1.05 0.56 0.23 0.61 0.13 0.24 0.84 0.61 0.68 0.38 0.55 0.24 0.63 0.76 0.59 0.55 0.41 0.27 0.25 0.24 0.23 0.15 0.04 0.07 0.10 0.08 0.03 0.07
Shares Outstanding 540 598 595 593 592 565 538 573 601 627 661 687 710 750 774 746 741 735 758.8 792.1 793.4 782.5 775 1,004.2 762.9 745.2 754.0 747.3 739.6 766.2 730.4 747.1 737.4 690 672.5 672.9 716 725 673.3 714.3
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 2,831 7,509 9,288 9,492 12,480 11,063 2,548 1,854 1,495 1,680 1,583 1,282 1,355 1,113 829 1,261 1,114 1,368 2,213 1,390 2,280 1,305 1,865 1,815.4 2,279.9 523.0 418.8 378.5 623.3 581.8 317.4 174.5 295.6 411 260.9 87.5 146.4 210 142.7 74.9
Short-Term Investments 400 1,216 2,186 2,800 3,024 2,271 1,524 1,835 1,778 1,625 1,468 1,706 1,797 1,857 2,315 2,277 1,479 435 566 369 251 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,149 1,110 1,154 1,040 1,357 1,130 1,086 568 662 546 474 365 419 332 299 195 169 209 279 241 258 248 132 175 71.3 138.1 75.0 88.8 76.5 73.4 79.8 75.7 70.5 51.8 47.5 43.9 38 37 44.1 33.5
Inventory 775 800 807 790 537 414 529 461 420 337 311 342 467 469 401 243 221 203 259 181 150 137 93 86.0 70.6 80.6 65.2 50.0 52.4 51.1 41 37.6 31.7 30.8 23 15.5 12.5 8.8 7.7 11.2
Other Current Assets 490 639 520 686 638 295 287 310 460 310 188 709 418 456 501 303 375 438 1,126 420 681 482 164 112.6 46.4 28.0 20.9 20.7 18.8 11.6 10.4 9.8 34.2 12.5 8.6 10.9 7 9.2 6.6 8.4
Total Current Assets 5,645 11,274 13,955 14,808 18,036 15,173 5,974 5,028 4,815 4,498 4,024 4,268 4,456 4,218 4,345 4,279 3,358 2,893 4,443 2,601 3,620 2,172 2,313 2,232.0 2,520.2 831.5 631.0 574.2 806.4 751.0 473.1 314.9 432 506.1 340 157.8 203.9 265 201.1 128
Non-Current Assets
Property, Plant & Equipment 21,334 20,425 20,598 18,736 16,432 17,723 18,374 19,525 18,539 17,044 15,601 14,292 13,389 12,766 12,127 10,578 10,634 11,040 10,874 10,094 9,427 8,723 7,443 6,645.5 6,445.5 5,819.7 5,008.2 4,137.6 3,435.7 2,969.2 2,779.3 2,505.0 2,141.4 1,784.3 1,494.2 1,310.5 1,204.3 1,036 824.4 925.2
Goodwill 970 970 970 970 970 970 970 970 970 970 970 970 970 970 970 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 296 300 296 296 295 295 296 399 413 426 464 363 166 138 155 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16.8
Long-Term Investments 457 367 280 235 0 0 0 0 0 0 40 35 44 41 97 0 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 359 414 388 324 587 427 281 320 373 348 213 136 320 454 374 606 277 375 1,455 765 1,171 442 122 76 31.4 18.3 13.2 4.2 4.1 3.3 3.7 3.2 2.6 2.6 3 2.8 6.9 7.4 17.1 8.2
Total Non-Current Assets 23,416 22,476 22,532 20,561 18,284 19,415 19,921 21,214 20,295 18,788 17,288 15,796 14,889 14,369 13,723 11,184 10,911 11,415 12,329 10,859 10,383 9,165 7,565 6,722 6,476.9 5,838.0 5,021.4 4,141.8 3,439.7 2,972.5 2,783 2,508.2 2,144 1,786.9 1,497.2 1,313.3 1,211.2 1,043.4 841.5 950.2
Total Assets 29,061 33,750 36,487 35,369 36,320 34,588 25,895 26,243 25,110 23,286 21,312 19,723 19,345 18,596 18,068 15,463 14,269 14,068 16,772 13,460 14,003 11,337 9,693 8,954 8,997.1 6,670 5,654 4,716.0 4,246.2 3,723.5 3,256.1 2,823.1 2,576 2,293 1,837.2 1,471.1 1,415.1 1,308.4 1,042.6 1,078.2
Current Liabilities
Account Payables 389 339 265 277 156 111 304 263 186 138 178 123 189 174 1,057 739 746 668 759 643 524 420 405 362 504.8 312.7 266.7 157.4 160.9 214.2 116.5 117.6 94 78.4 55 51.2 48 0 0 0
Short-Term Debt 324 1,630 29 42 371 137 734 606 348 566 637 258 629 271 644 505 190 163 41 122 601 146 206 131 514.6 108.8 7.9 12.0 121.3 12.3 13.5 9.6 16.1 10.8 6.6 13.6 16.2 10 9.7 11.5
Deferred Revenue 5,945 6,294 6,551 6,064 5,566 3,790 4,457 4,134 3,495 3,115 2,990 2,897 2,571 2,170 1,836 0 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 1,602 1,434 3,040 1,669 1,328 1,869 1,420 1,258 1,217 1,625 1,880 1,089 768 684 605 1,198 1,044 963 931 799 649 529 462 411.9 672.2 377.1 152.4 203.8 159.3 158.1 132.1 106.1 368.5 279.2 198.3 160.6 131.7 142.9 102.6 71.3
Total Current Liabilities 10,921 12,276 12,256 10,378 9,164 7,506 8,952 7,905 6,905 6,844 7,406 5,923 5,676 4,650 4,533 3,305 2,676 2,806 4,838 2,887 3,848 2,142 1,723 1,433.8 2,239.2 1,298.4 960.5 850.7 868.5 765.4 610.6 522.3 478.6 368.4 259.9 225.4 195.9 152.9 112.3 82.8
Non-Current Liabilities
Long-Term Debt 4,577 5,069 7,978 7,899 9,897 9,652 1,304 2,771 3,320 2,821 2,541 2,434 2,191 2,883 3,107 2,875 3,325 3,498 2,050 1,567 1,394 1,700 1,332 1,553 1,327.2 761 872 623.3 628.1 650.2 661 583.1 639.1 699.1 617 327 354.1 369.5 251.1 339.1
Deferred Tax Liabilities 2,289 2,167 2,044 1,985 1,770 1,634 2,364 2,427 2,358 3,374 2,490 3,123 2,934 2,901 2,566 2,493 2,207 1,904 2,535 2,104 1,896 1,610 1,420 1,227.5 1,058.1 852.9 692.3 549.2 439.0 350.0 281.6 232.8 183.6 133.4 105.8 109.3 118.4 101.4 85.9 109
Other Non-Current Liabilities 877 909 981 969 1,224 1,556 870 2,351 2,097 1,776 1,474 1,756 1,143 1,124 910 465 493 802 302 333 269 209 183 134.2 166.3 98.5 68.9 56.5 45.3 34.7 30.3 28.4 220.7 237.8 226 204.5 159.4 117.2 79 35.4
Total Non-Current Liabilities 10,159 11,124 13,716 14,304 16,742 18,206 7,111 8,485 8,606 8,001 6,548 7,025 6,333 6,954 6,658 5,921 6,127 6,309 4,993 4,124 3,480 3,671 3,103 3,098 2,743.9 1,919.8 1,855.9 1,467.4 1,368.6 1,309.8 1,218.2 1,062.1 1,043.4 1,070.3 948.8 640.8 631.9 588.1 416 483.5
Total Liabilities 21,080 23,400 25,972 24,682 25,906 25,712 16,063 16,390 14,680 14,845 13,954 13,289 12,009 11,621 11,191 9,226 8,803 9,355 9,831 7,011 7,543 5,813 4,826 4,532.1 4,983.1 3,218.3 2,816.3 2,318.1 2,237.1 2,075.2 1,828.8 1,584.4 1,522 1,438.7 1,208.7 866.2 827.8 741 528.3 566.3
Stockholders' Equity
Common Stock 888 888 888 888 888 888 808 808 808 808 808 808 808 808 808 808 808 808 808 808 802 790 789 776.7 766.8 507.9 505.0 335.9 221.2 145.1 144.0 143.3 0 0 0 0 0 0 0 0
Retained Earnings 16,388 16,332 16,297 16,261 15,774 14,777 17,945 15,967 14,621 11,418 9,409 7,416 6,431 5,768 5,395 5,399 4,983 4,919 4,788 4,307 4,557 4,089 3,883 3,455.4 3,228.4 2,902.0 2,385.9 2,045.0 1,632.1 1,321.5 1,120.6 943.7 770.1 605.9 507.3 484.6 441.6 374.2 320.4 304.4
Accumulated Other Comprehensive Income (24) (25) 0 344 388 (105) (61) 20 12 (323) (1,051) (738) (3) (119) (224) (262) (578) (984) 1,241 582 892 417 122 53.7 (31.5) (2,148.1) (1,840.8) (1,601.4) (1,375.6) (1,188.4) (1,005.1) 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 7,981 10,350 10,515 10,687 10,414 8,876 9,832 9,853 10,430 8,441 7,358 6,775 7,336 6,966 6,877 6,237 5,466 4,953 6,941 6,449 6,675 5,524 5,052 4,421.6 4,014.1 3,451.3 2,835.8 2,397.9 2,009.0 1,648.3 1,427.3 1,238.7 1,054 854.3 628.5 604.9 587.3 567.4 514.3 511.9
Total Liabilities & Equity 29,061 33,750 36,487 35,369 36,320 34,588 25,895 26,243 25,110 23,286 21,312 20,064 19,345 18,587 18,068 15,463 14,269 14,308 16,772 13,460 14,218 11,337 9,878 8,953.8 8,997.1 6,669.6 5,652.1 4,716.0 4,246.2 3,723.5 3,256.1 2,823.1 2,576 2,293 1,837.2 1,471.1 1,415.1 1,308.4 1,042.6 1,078.2
Debt Metrics
Total Debt 5,981 8,058 9,200 9,473 12,281 12,199 3,996 3,377 3,668 3,387 3,178 2,692 2,820 3,154 3,751 3,380 3,515 3,661 2,091 1,689 1,995 1,846 1,538 1,684 1,841.7 869.8 879.9 635.3 749.4 662.6 674.5 592.7 655.2 709.9 623.6 340.6 370.3 379.5 260.8 350.6
Net Debt 3,150 549 (88) (19) (199) 1,136 1,448 1,523 2,173 1,707 1,595 1,410 1,465 2,041 2,922 2,119 2,401 2,293 (122) 299 (285) 541 (327) (131) (438.1) 346.8 461.1 256.8 126.1 80.7 357.1 418.2 359.6 298.9 362.7 253.1 223.9 169.5 118.1 275.7
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 1997 1996 1995 1994 1993 1992 1991 1990 1989
Operating Activities
Net Income 441 465 465 539 977 (3,074) 2,300 2,465 3,488 2,244 2,181 1,136 754 421 178 459 99 178 645 499 548 313 442 241.0 511.1 603.1 474.4 433.4 317.8 207.3 182.6 179.3 154.3 91 26.9 47.1 71.6
Depreciation & Amortization 1,560 1,657 1,522 1,351 1,272 1,255 1,219 1,201 1,218 1,221 1,015 938 867 844 715 628 616 587 555 515 469 431 384 356.3 317.8 281.3 248.7 225.2 195.6 183.5 156.8 139.0 (119.3) (101.2) (86.2) (79.4) (72.3)
Stock-Based Compensation 0 0 0 84 58 0 55 46 37 33 29 21 18 16 0 0 12 18 80 80 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (278) (1,586) 1,249 1,483 (100) 1,669 606 941 227 182 1,070 558 680 383 293 216 184 (2,360) 1,473 9 907 180 203 (300.3) 333.6 161.9 105.1 108.5 2.9 (13.2) 72.1 60.5 86.7 76.9 24.4 19.3 33
Other Non-Cash Items (3) (206) (231) 51 136 (261) (138) (15) 258 370 (1,032) (510) 144 354 267 139 2 (226) (236) 26 (17) 14 83 15.0 60.4 36.9 30.7 10.6 12.6 170.4 (3.2) (16.1) 217.8 176.5 173.5 158.3 129.5
Operating Cash Flow 1,842 462 3,164 3,790 2,322 (1,127) 3,987 4,893 3,929 4,293 3,238 2,902 2,490 2,064 1,385 1,561 985 (1,521) 2,845 1,406 2,229 1,157 1,336 520.2 1,484.6 1,298.3 1,001.7 886.1 610.6 615.2 456.4 412.7 392.7 264.5 103.2 111.9 168
Investing Activities
Capital Expenditure (2,673) (2,080) (3,520) (3,946) (511) (515) (1,027) (1,976) (2,249) (2,147) (2,143) (1,828) (1,447) (1,348) (968) (493) (585) (923) (1,331) (1,399) (1,210) (1,775) (1,238) (603.1) (997.8) (1,134.6) (1,167.8) (947.1) (688.9) (677.4) (728.6) (788.6) (524.2) (409.2) (341.1) (317.7) (261.9)
Acquisitions 0 0 0 22 505 515 1,027 1,922 2,123 2,038 (2,041) (1,748) 0 0 (35) (2) 0 0 (21) (20) (6) (34) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (470) (5,014) (6,970) (5,592) (5,824) (5,080) (2,122) (2,409) (2,380) (2,388) (1,986) (3,080) (3,135) (2,481) (5,362) (5,624) (6,106) (5,886) (5,086) (4,509) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 1,693 5,995 7,591 5,792 5,071 4,336 2,446 2,342 2,221 2,263 2,223 3,185 3,198 2,964 5,314 4,852 5,120 5,831 4,888 4,392 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 21 797 (3,520) (22) (505) 728 (627) (1,917) (2,123) (2,038) 2,034 1,744 63 32 (35) 2 2 0 21 41 0 (41) 0 0 0 0 0 0 0 0 0 0 0 0.3 0.1 2.4 0.6
Investing Cash Flow (1,429) (261) (2,932) (3,746) (1,264) (16) (303) (2,038) (2,408) (2,272) (1,913) (1,727) (1,384) (833) (1,051) (1,265) (1,569) (978) (1,529) (1,495) (1,210) (1,850) (1,238) (603.1) (997.8) (1,134.6) (1,167.8) (947.1) (688.9) (677.4) (728.6) (788.6) (524.2) (408.9) (341) (315.3) (261.3)
Financing Activities
Net Debt Issuance (1,775) (1,337) (85) (3,085) 231 8,099 (615) (342) 8 (76) 287 (261) (313) (578) (621) (199) 336 1,436 378 (307) 151 313 (130) (155) 978.6 (10.2) 243.5 (118.9) 86.1 (12.7) 88.4 (63.1) (102.3) 89.1 282.8 174.4 (47.4)
Stock Repurchased (2,550) (250) 0 0 0 (451) (2,000) (2,000) (1,600) (1,750) (1,180) (955) (540) (400) (225) 0 0 (54) (1,001) (800) (55) (246) 0 0 0 (108.7) (90.5) (100) 0 0 0 0 0 (0.1) 0 (25.6) (10)
Dividends Paid (399) (430) (428) 0 0 (188) (372) (332) (274) (222) (180) (139) (71) (22) (14) (13) (13) (13) (14) (14) (14) (14) (14) (13.9) (13.4) (11.0) (10.8) (9.3) (6.6) (6.2) (5.7) (5.7) (5.4) (4.9) (4.2) (4.1) (4.2)
Other Financing Activities (26) (23) 29 8 77 (144) (43) 143 131 95 3 (3) (23) 26 74 8 (13) 168 5 60 (1) (8) 3 (269.8) 261.4 0 (0.0) 0 0 330 321.6 315.1 90.1 119.9 132.6 (0.2) 91.3
Financing Cash Flow (4,691) (1,980) (436) (3,032) 359 9,658 (2,990) (2,496) (1,706) (1,924) (1,024) (1,248) (864) (947) (766) (149) 330 1,654 (493) (801) 213 133 (48) (381.7) 1,270.1 (59.5) 206.4 (183.9) 119.8 326.7 415.0 254.9 (10.9) 294.5 411.2 144.5 29.7
Cash Position
Net Change in Cash (4,278) (1,779) (204) (2,988) 1,417 8,515 694 359 (185) 97 301 (73) 242 284 (432) 147 (254) (845) 823 (890) 1,232 (560) 50 (464.5) 1,756.9 104.2 40.3 (244.8) 41.5 264.5 142.8 (121.0) (10.9) 294.5 411.2 144.5 29.7
Cash at Beginning 7,509 9,288 9,492 12,480 11,063 2,548 1,854 1,495 1,680 1,583 1,282 1,355 1,113 829 1,261 1,114 1,368 2,213 1,390 2,280 1,048 1,865 1,815 2,279.9 523.0 418.8 378.5 623.3 581.8 317.4 174.5 295.6 437.9 260.9 87.5 146.4 210
Cash at End 3,231 7,509 9,288 9,492 12,480 11,063 2,548 1,854 1,495 1,680 1,583 1,282 1,355 1,113 829 1,261 1,114 1,368 2,213 1,390 2,280 1,305 1,865 1,815.4 2,279.9 523.0 418.8 378.5 623.3 581.8 317.4 174.5 427 555.4 498.7 290.9 239.7
Free Cash Flow (831) (1,618) (356) (156) 1,811 (1,642) 2,960 2,917 1,680 2,146 1,095 1,074 1,043 716 417 1,068 400 (2,444) 1,514 7 1,019 (618) 98 (82.9) 486.8 163.6 (166.1) (61.0) (78.3) (62.2) (272.2) (376.0) (131.5) (144.7) (237.9) (205.8) (93.9)
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 28,063 27,483 26,091 23,814 15,790 9,048 22,428 21,965 21,171 20,425 19,820 18,605 17,699 17,088 15,658 12,104 10,350 11,023 9,861 9,086 7,584 6,530 5,937 5,521.8 5,555.2 5,649.6 4,735.6 4,164.0 3,816.8 3,406.2 2,872.8 2,591.9 2,296.7 1,685.2 1,313.6 1,186.8 1,015.1 860.4 765.1 755.9
Gross Profit 4,895 4,459 4,223 4,752 4,115 (1,890) 5,983 6,058 6,254 6,225 6,397 4,556 3,490 2,845 2,706 2,414 5,683 7,405 7,271 3,848 3,374 2,843 2,584 2,289 2,405.1 2,684.0 2,214.4 1,943.0 1,612.8 1,298.9 1,124.8 1,065.7 1,198 892.1 638.3 590.8 532.4 460.2 413.5 488.7
Operating Income 428 321 224 1,017 1,721 (3,816) 2,957 3,206 3,407 3,522 4,116 2,225 1,278 623 693 988 262 449 791 934 725 554 379 341 631.1 1,022 782 683.6 524.2 350.8 313.5 316.7 292 182.7 62.9 82 97.7 85.9 17.2 76.1
Net Income 441 465 465 539 977 (3,074) 2,300 2,465 3,488 2,244 2,181 1,136 754 421 178 459 99 178 645 499 548 313 442 241.0 511.1 603.1 474.4 433.4 317.8 207.3 182.6 179.3 169.6 103.5 26.9 47.1 71.6 58 20.2 50
EPS (Diluted) 0.79 0.75 0.76 0.87 1.61 -5.44 4.27 4.29 5.78 3.55 3.26 1.63 1.05 0.56 0.23 0.61 0.13 0.24 0.84 0.61 0.68 0.38 0.55 0.24 0.63 0.76 0.59 0.55 0.41 0.27 0.25 0.24 0.23 0.15 0.04 0.07 0.10 0.08 0.03 0.07
Balance Sheet
Cash & Equivalents 2,831 7,509 9,288 9,492 12,480 11,063 2,548 1,854 1,495 1,680 1,583 1,282 1,355 1,113 829 1,261 1,114 1,368 2,213 1,390 2,280 1,305 1,865 1,815.4 2,279.9 523.0 418.8 378.5 623.3 581.8 317.4 174.5 295.6 411 260.9 87.5 146.4 210 142.7 74.9
Total Assets 29,061 33,750 36,487 35,369 36,320 34,588 25,895 26,243 25,110 23,286 21,312 19,723 19,345 18,596 18,068 15,463 14,269 14,068 16,772 13,460 14,003 11,337 9,693 8,954 8,997.1 6,670 5,654 4,716.0 4,246.2 3,723.5 3,256.1 2,823.1 2,576 2,293 1,837.2 1,471.1 1,415.1 1,308.4 1,042.6 1,078.2
Total Debt 5,981 8,058 9,200 9,473 12,281 12,199 3,996 3,377 3,668 3,387 3,178 2,692 2,820 3,154 3,751 3,380 3,515 3,661 2,091 1,689 1,995 1,846 1,538 1,684 1,841.7 869.8 879.9 635.3 749.4 662.6 674.5 592.7 655.2 709.9 623.6 340.6 370.3 379.5 260.8 350.6
Stockholders' Equity 7,981 10,350 10,515 10,687 10,414 8,876 9,832 9,853 10,430 8,441 7,358 6,775 7,336 6,966 6,877 6,237 5,466 4,953 6,941 6,449 6,675 5,524 5,052 4,421.6 4,014.1 3,451.3 2,835.8 2,397.9 2,009.0 1,648.3 1,427.3 1,238.7 1,054 854.3 628.5 604.9 587.3 567.4 514.3 511.9
Cash Flow
Operating Cash Flow 1,842 462 3,164 3,790 2,322 (1,127) 3,987 4,893 3,929 4,293 3,238 2,902 2,490 2,064 1,385 1,561 985 (1,521) 2,845 1,406 2,229 1,157 1,336 520.2 1,484.6 1,298.3 1,001.7 886.1 610.6 615.2 456.4 412.7 392.7 264.5 103.2 111.9 168
Capital Expenditure (2,673) (2,080) (3,520) (3,946) (511) (515) (1,027) (1,976) (2,249) (2,147) (2,143) (1,828) (1,447) (1,348) (968) (493) (585) (923) (1,331) (1,399) (1,210) (1,775) (1,238) (603.1) (997.8) (1,134.6) (1,167.8) (947.1) (688.9) (677.4) (728.6) (788.6) (524.2) (409.2) (341.1) (317.7) (261.9)
Free Cash Flow (831) (1,618) (356) (156) 1,811 (1,642) 2,960 2,917 1,680 2,146 1,095 1,074 1,043 716 417 1,068 400 (2,444) 1,514 7 1,019 (618) 98 (82.9) 486.8 163.6 (166.1) (61.0) (78.3) (62.2) (272.2) (376.0) (131.5) (144.7) (237.9) (205.8) (93.9)