MKC - McCormick & Company, Incorporated
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$73.20
DETAILS
HIGH:
$85.00
LOW:
$67.00
MEDIAN:
$72.00
CONSENSUS:
$73.20
UPSIDE:
53.14%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 6,840.3 | 6,723.7 | 6,662.2 | 6,350.5 | 6,317.9 | 5,601.3 | 5,347.4 | 5,302.8 | 4,730.3 | 4,411.5 | 4,296.3 | 4,243.2 | 4,123.4 | 4,014.2 | 3,697.6 | 3,336.8 | 3,192.1 | 3,176.6 | 2,916.2 | 2,716.4 | 2,592 | 2,526.2 | 2,269.6 | 2,044.9 | 1,939.1 | 2,041.9 | 2,006.9 | 1,881.1 | 1,801 | 1,732.5 | 1,858.7 | 1,694.8 | 1,556.6 |
| Cost of Revenue | 4,248.1 | 4,132.7 | 4,159.7 | 4,076 | 3,823.3 | 3,300.9 | 3,202.1 | 3,209.5 | 2,936.3 | 2,579.8 | 2,559 | 2,513 | 2,457.6 | 2,396.4 | 2,175.1 | 1,919.1 | 1,864.9 | 1,888.4 | 1,724.4 | 1,601.8 | 1,555.4 | 1,518.3 | 1,371 | 1,245.4 | 1,201.6 | 1,330.4 | 1,232.3 | 1,177.4 | 1,123 | 1,064.2 | 1,147.8 | 1,004.1 | 902.9 |
| Gross Profit | 2,592.2 | 2,591 | 2,502.5 | 2,274.5 | 2,494.6 | 2,300.4 | 2,145.3 | 2,093.3 | 1,794 | 1,831.7 | 1,737.3 | 1,730.2 | 1,665.8 | 1,617.8 | 1,522.5 | 1,417.7 | 1,327.2 | 1,288.2 | 1,191.8 | 1,114.6 | 1,036.6 | 1,007.9 | 898.6 | 799.5 | 737.5 | 711.5 | 774.6 | 703.7 | 678 | 668.3 | 710.9 | 690.7 | 653.7 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 87.3 | 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 |
| SG&A Expenses | 1,500.3 | 1,521.2 | 1,478.3 | 1,357.1 | 1,404.1 | 1,281.6 | 1,166.8 | 1,163.4 | 1,031.2 | 1,175 | 1,127.4 | 1,122 | 1,090.3 | 1,039.5 | 982.2 | 907.9 | 846.6 | 870.6 | 806.9 | 772.6 | 681.9 | 677.7 | 597.6 | 529.6 | 507.6 | 485.4 | 522.3 | 463.8 | 461 | 453.1 | 446.1 | 429.5 | 422.7 |
| Other Expenses | 0 | 9.5 | 61.2 | 53.8 | (11.9) | 19.3 | 20.8 | 38.8 | 63 | 15.7 | 61.5 | 5.2 | 25 | 0 | 0 | 0 | 13.7 | 41.1 | 30.7 | 72.4 | 11.2 | (2.5) | 5.5 | 7.5 | 10.3 | 1.1 | 57.4 | 54.8 | 49.3 | 63.8 | 63.7 | 62.5 | 50.5 |
| Operating Expenses | 1,500.3 | 1,530.7 | 1,539.5 | 1,410.9 | 1,479.5 | 1,300.9 | 1,187.6 | 1,202.2 | 1,094.2 | 1,190.7 | 1,188.9 | 1,127.2 | 1,115.3 | 1,039.5 | 982.2 | 907.9 | 860.3 | 911.7 | 837.6 | 845 | 693.1 | 675.2 | 603.1 | 537.1 | 517.9 | 486.5 | 579.7 | 518.6 | 510.3 | 516.9 | 509.8 | 492 | 473.2 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 1,091.9 | 1,060.3 | 963 | 863.6 | 1,015.1 | 999.5 | 957.7 | 891.1 | 699.8 | 641 | 548.4 | 603 | 550.5 | 578.3 | 540.3 | 509.8 | 466.9 | 376.5 | 354.2 | 269.6 | 343.5 | 332.7 | 295.5 | 262.4 | 219.6 | 225 | 194.9 | 185.1 | 167.7 | 151.4 | 201.1 | 198.7 | 180.5 |
| Interest Expense | 196.2 | 209.4 | 208.2 | 149.1 | 136.6 | 135.6 | 165.2 | 174.6 | 96.2 | 56 | 53.3 | 49.7 | 53.3 | 54.6 | 51.2 | 49.3 | 52.8 | 56.7 | 59.5 | 53.7 | 45.7 | 41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 45.9 | 36.6 | 17.8 | 9.3 | 7.8 | 10.1 | 7.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 1,340.5 | 1,316.5 | 1,206.2 | 1,162.5 | 1,218.7 | 1,182.1 | 1,143.2 | 1,066.6 | 815.7 | 753.9 | 655.4 | 706.8 | 658.7 | 683.5 | 640.9 | 607.1 | 563.6 | 480.1 | 467.5 | 426.3 | 418.1 | 404.7 | 360.8 | 315.8 | 280.3 | 286.3 | 252.3 | 239.9 | 217 | 215.2 | 264.8 | 261.2 | 231 |
| EBIT | 1,109.2 | 1,107.7 | 1,006.9 | 961.9 | 1,032.4 | 1,017.1 | 984.4 | 915.9 | 690.5 | 645.2 | 549.5 | 604.1 | 552.7 | 580.7 | 542.6 | 512 | 469.3 | 394.5 | 384.9 | 342 | 343.5 | 332.7 | 295.5 | 262.4 | 219.6 | 225 | 194.9 | 185.1 | 167.7 | 151.4 | 201.1 | 198.7 | 180.5 |
| Income Before Tax | 985.2 | 972.5 | 855.1 | 850.6 | 948 | 922.3 | 860.1 | 776.1 | 628.7 | 625.3 | 532.9 | 583.8 | 522.6 | 547.6 | 516.8 | 462.7 | 416.5 | 337.8 | 322.3 | 266.9 | 311.6 | 303.5 | 282.6 | 243.2 | 194.1 | 204.1 | 163.4 | 158.7 | 150.1 | 67.4 | 149.2 | 87 | 160.2 |
| Income Tax Expense | 195.8 | 184 | 174.5 | 168.6 | 192.7 | 174.9 | 157.4 | (157.3) | 151.3 | 153 | 131.3 | 145.9 | 133.6 | 139.8 | 142.6 | 118 | 133 | 100.6 | 92.2 | 64.7 | 96.7 | 89 | 83.4 | 69.4 | 57 | 66.6 | 60.1 | 54.9 | 52.7 | 23.9 | 53.7 | 33.8 | 60.5 |
| Net Income | 789.4 | 788.5 | 680.6 | 682 | 755.3 | 747.4 | 702.7 | 933.4 | 477.4 | 472.3 | 401.6 | 437.9 | 389 | 407.8 | 374.2 | 370.2 | 299.8 | 255.8 | 230.1 | 202.2 | 214.9 | 214.5 | 210.8 | 179.8 | 146.6 | 137.5 | 103.3 | 103.8 | 98.4 | 41.9 | 97.6 | 61.1 | 73.1 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 2.94 | 2.94 | 2.54 | 2.54 | 2.83 | 2.80 | 2.65 | 3.55 | 1.89 | 1.87 | 1.57 | 1.69 | 1.47 | 1.54 | 1.41 | 1.40 | 1.15 | 0.99 | 0.89 | 0.77 | 0.80 | 0.78 | 0.76 | 0.64 | 0.53 | 0.50 | 0.36 | 0.36 | 0.39 | 0.13 | 0.30 | 0.19 | 0.23 |
| EPS (Diluted) | 2.93 | 2.92 | 2.52 | 2.52 | 2.80 | 2.78 | 2.62 | 3.50 | 1.86 | 1.85 | 1.56 | 1.67 | 1.46 | 1.52 | 1.40 | 1.38 | 1.14 | 0.97 | 0.86 | 0.75 | 0.78 | 0.76 | 0.74 | 0.63 | 0.52 | 0.49 | 0.36 | 0.35 | 0.39 | 0.13 | 0.30 | 0.19 | 0.23 |
| Shares Outstanding | 268.6 | 268.5 | 268.4 | 268.2 | 267.3 | 266.5 | 265.2 | 262.9 | 253.6 | 253.2 | 256 | 259.8 | 264.2 | 265.4 | 265.4 | 265.8 | 261.6 | 258 | 258.5 | 264.3 | 268.6 | 273.2 | 279.2 | 278.8 | 275.7 | 275 | 285.0 | 292.4 | 255.4 | 312.8 | 324.7 | 324.8 | 324.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 95.9 | 186.1 | 166.6 | 334 | 351.7 | 423.6 | 155.4 | 96.6 | 186.8 | 118.4 | 39.5 | 38.9 | 70.3 | 25.1 | 47.3 | 31.3 | 23.9 | 12 | 17.7 | 13.5 | 22.4 | 12.5 | 15.6 | 12.8 |
| 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 |
| Net Receivables | 628.9 | 587.4 | 587.5 | 573.7 | 549.5 | 528.5 | 502.9 | 518.1 | 555.1 | 465.2 | 365.3 | 380.7 | 407.6 | 344.7 | 303.3 | 295.5 | 303.3 | 213.9 | 212.8 | 217.2 | 217.5 | 224 | 208.8 | 175.1 |
| Inventory | 1,272 | 1,239.9 | 1,126.5 | 1,340.1 | 1,182.3 | 1,032.6 | 801.2 | 786.3 | 793.3 | 756.3 | 457.6 | 439 | 350.2 | 362.8 | 283.7 | 278.1 | 274 | 234.2 | 250.9 | 252.1 | 245.1 | 383.2 | 374.5 | 321.3 |
| Other Current Assets | 141.3 | 74.1 | 73.4 | 77.2 | 70.6 | 60.9 | 54.7 | 51.7 | 49.4 | 58.3 | 0 | 0 | 0 | 0 | 61.6 | 0 | 0 | 30.5 | 22.4 | 23.7 | 49.4 | 51 | 58.8 | 31 |
| Total Current Assets | 2,138.1 | 2,139 | 2,001.6 | 2,386.7 | 2,195.8 | 2,083.6 | 1,550.2 | 1,479.9 | 1,617 | 1,421.8 | 970.5 | 968.3 | 864.1 | 759.4 | 724.6 | 635.8 | 620 | 490.6 | 503.8 | 506.5 | 534.4 | 670.7 | 657.7 | 540.2 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 1,448.8 | 1,624 | 1,544.7 | 1,416.9 | 1,277.1 | 1,165.2 | 952.6 | 941.5 | 809.1 | 669.4 | 489.8 | 461.1 | 486.6 | 458.3 | 390.1 | 424.5 | 373 | 363.3 | 377 | 380 | 400.4 | 524.8 | 504.6 | 465.6 |
| Goodwill | 5,301.3 | 5,227.5 | 5,260.1 | 5,212.9 | 5,335.8 | 4,986.3 | 4,505.2 | 4,527.9 | 4,490.1 | 1,771.4 | 1,479.7 | 1,230.2 | 0 | 0 | 0 | 458.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 3,293.1 | 3,498 | 3,516.6 | 3,548.5 | 3,593.6 | 3,355.4 | 2,923.4 | 2,916.9 | 3,071.1 | 424.9 | 237.3 | 374.8 | 828.1 | 716.9 | 505.2 | 6 | 453 | 142.8 | 160.9 | 158 | 165.1 | 180.8 | 196.2 | 130.6 |
| Long-Term Investments | 0 | 282.7 | 264.1 | 283 | 301.3 | 322.9 | 310.4 | 288 | 290.6 | 250.8 | 210.5 | 153 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1,019.1 | 299.1 | 275.2 | 276.9 | 202.2 | 176.3 | 120.3 | 102.2 | 107.9 | 97.6 | 0 | 32.9 | 190.9 | 210.9 | 310.8 | 247.1 | 213.9 | 192.1 | 217.4 | 211.7 | 226.7 | 238 | 210.2 | 176.8 |
| Total Non-Current Assets | 11,062.3 | 10,931.3 | 10,860.7 | 10,738.2 | 10,710 | 10,006.1 | 8,811.9 | 8,776.5 | 8,768.8 | 3,214.1 | 2,417.3 | 2,252 | 1,505.6 | 1,386.1 | 1,206.2 | 1,136.2 | 1,039.9 | 698.2 | 755.3 | 749.7 | 792.2 | 943.6 | 911 | 773 |
| Total Assets | 13,200.4 | 13,070.3 | 12,862.3 | 13,124.9 | 12,905.8 | 12,089.7 | 10,362.1 | 10,256.4 | 10,385.8 | 4,635.9 | 3,387.8 | 3,220.3 | 2,369.6 | 2,145.5 | 1,930.8 | 1,772 | 1,659.9 | 1,188.8 | 1,259.1 | 1,256.2 | 1,326.6 | 1,614.3 | 1,568.7 | 1,313.2 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 1,259.4 | 1,238.1 | 1,119.3 | 1,171 | 1,064.2 | 1,032.3 | 846.9 | 710 | 639.9 | 450.8 | 298.7 | 266.1 | 195.1 | 178.8 | 175.1 | 184 | 185.3 | 148.8 | 145.9 | 150.3 | 153.6 | 136.7 | 128.2 | 113.9 |
| Short-Term Debt | 890.5 | 748.3 | 1,071.5 | 1,507.3 | 1,309.4 | 1,150.6 | 698.4 | 643.5 | 583.2 | 393.2 | 116.1 | 354 | 173.2 | 171.0 | 137.3 | 210.8 | 551.9 | 100.6 | 163.6 | 121.3 | 109 | 307.3 | 232 | 110.1 |
| 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 |
| Other Current Liabilities | 912.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36.4 | 0 | 0 | 221.2 | 208.5 | 226.6 | 236.7 | 202.9 | 240.6 | 168.9 |
| Total Current Liabilities | 3,062.2 | 2,882.8 | 3,098.9 | 3,432.4 | 3,223.8 | 3,046.5 | 2,154.4 | 2,001.7 | 1,947.3 | 1,422.7 | 818.2 | 1,034.1 | 772.7 | 710.0 | 673.3 | 713.7 | 1,027.2 | 470.6 | 518 | 498.2 | 499.3 | 646.9 | 600.8 | 392.9 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 3,105.8 | 3,593.6 | 3,339.9 | 3,642.3 | 3,973.3 | 3,753.8 | 3,625.8 | 4,052.9 | 4,443.9 | 1,054 | 875 | 885.2 | 465.0 | 448.6 | 450.9 | 454.1 | 160.2 | 241.4 | 250.4 | 276.5 | 291.2 | 349.1 | 374.3 | 346.4 |
| Deferred Tax Liabilities | 835.8 | 840.5 | 861.2 | 866.3 | 792.3 | 727.2 | 697.6 | 706.5 | 1,094.5 | 79.9 | 0 | 0 | 0 | 0 | 0 | 25.8 | 3.2 | 3.8 | 4.2 | 2 | 4.9 | 25.4 | 19.2 | 39 |
| Other Non-Current Liabilities | 428.5 | 270 | 298.9 | 308.6 | 384.8 | 518.7 | 427.6 | 313.1 | 329.2 | 441.2 | 351.1 | 245.7 | 211.3 | 209.5 | 214.3 | 115.3 | 110 | 90.6 | 98.4 | 86.4 | 81.2 | 73.6 | 84.4 | 68.1 |
| Total Non-Current Liabilities | 4,370.1 | 4,870.7 | 4,679.9 | 4,993.3 | 5,256.5 | 5,103.2 | 4,751 | 5,072.5 | 5,867.6 | 1,575.1 | 1,226.1 | 1,130.9 | 676.2 | 658.1 | 665.2 | 595.2 | 273.4 | 335.8 | 353 | 364.9 | 377.3 | 448.1 | 477.9 | 453.5 |
| Total Liabilities | 7,432.3 | 7,753.5 | 7,778.8 | 8,425.7 | 8,480.3 | 8,149.7 | 6,905.4 | 7,074.2 | 7,814.9 | 2,997.8 | 2,044.3 | 2,165 | 1,448.9 | 1,368.1 | 1,338.5 | 1,308.9 | 1,300.6 | 806.4 | 871 | 863.1 | 876.6 | 1,095 | 1,078.7 | 846.4 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 582.4 | 2,237.2 | 2,199.6 | 2,138.6 | 2,055.1 | 1,981.3 | 1,888.6 | 1,770.6 | 1,672.9 | 1,084.2 | 0 | 0 | 336.1 | 262.6 | 230.7 | 202.9 | 175.3 | 173.8 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 3,816.4 | 3,545 | 3,249.7 | 3,022.5 | 2,782.4 | 2,415.6 | 2,055.8 | 1,760.2 | 1,166.5 | 1,056.8 | 591.5 | 425.4 | 434.1 | 472.6 | 459.0 | 344.1 | 263.3 | 242.8 | 262.3 | 264.3 | 313.8 | 387.7 | 343.3 | 330.3 |
| Accumulated Other Comprehensive Income | (363.1) | (491.2) | (388.6) | (480.6) | (426.5) | (470.8) | (500.2) | (359.9) | (279.5) | (514.4) | 109.1 | 48.1 | 119.6 | 20.0 | (97.3) | (83.9) | (79.3) | (34.2) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 5,736.5 | 5,291 | 5,060.7 | 4,680.5 | 4,411 | 3,926.1 | 3,444.2 | 3,170.9 | 2,559.9 | 1,626.6 | 1,334.6 | 1,055.3 | 889.7 | 755.2 | 592.3 | 463.1 | 359.3 | 382.4 | 388.1 | 393.1 | 450 | 519.3 | 490 | 466.8 |
| Total Liabilities & Equity | 13,200.4 | 13,070.3 | 12,862.3 | 13,124.9 | 12,905.8 | 12,089.7 | 10,362.1 | 10,256.4 | 10,385.8 | 4,635.9 | 3,387.8 | 3,220.3 | 2,369.6 | 2,145.5 | 1,930.8 | 1,772 | 1,659.9 | 1,188.8 | 1,259.1 | 1,256.2 | 1,326.6 | 1,614.3 | 1,568.7 | 1,313.2 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 3,996.3 | 4,508.5 | 4,591.3 | 5,325.7 | 5,388.8 | 5,007.9 | 4,324.2 | 4,696.4 | 5,027.1 | 1,447.2 | 991.1 | 1,239.2 | 638.1 | 619.7 | 588.1 | 664.9 | 712.1 | 342 | 414 | 397.8 | 400.2 | 656.4 | 606.3 | 456.5 |
| Net Debt | 3,900.4 | 4,322.4 | 4,424.7 | 4,991.7 | 5,037.1 | 4,584.3 | 4,168.8 | 4,599.8 | 4,840.3 | 1,328.8 | 951.6 | 1,200.3 | 567.8 | 594.5 | 540.8 | 633.6 | 688.2 | 330 | 396.3 | 384.3 | 377.8 | 643.9 | 590.7 | 443.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | 789.4 | 788.5 | 680.6 | 682 | 755.3 | 747.4 | 702.7 | 933.4 | 477.4 | 472.3 | 214.9 | 214.5 | 199.2 | 179.8 | 146.6 | 137.5 | 103.3 | 103.8 | 98.4 | 49.7 | 97.6 | 61.1 | 99.7 |
| Depreciation & Amortization | 231.3 | 208.8 | 199.3 | 200.6 | 186.3 | 165 | 158.8 | 150.7 | 125.2 | 108.7 | 74.6 | 72 | 65.3 | 66.8 | 73 | 61.3 | 57.4 | 54.8 | 49.3 | 63.8 | 63.7 | 62.5 | 50.5 |
| Stock-Based Compensation | 46.2 | 47.4 | 63.4 | 60.3 | 66.6 | 46 | 37.2 | 25.6 | 23.9 | 25.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (83.7) | (83) | 269.3 | (255.7) | (222.8) | 102.6 | 38 | (9.2) | 136.6 | 81.5 | 35.2 | 69.7 | (68.7) | (41.1) | (26.4) | 15.2 | 44.1 | (22.2) | 22.6 | 59.6 | (112) | (87.9) | (58.5) |
| Other Non-Cash Items | (14.5) | (9.5) | 30.1 | (57.5) | 6.9 | (8.5) | (10.8) | (10) | 28.1 | 10 | 29.2 | 9.6 | (32.2) | 19.1 | 18.4 | 10.7 | 8 | 9.8 | 0.1 | 0.1 | (2.2) | (6.5) | (10) |
| Operating Cash Flow | 962.2 | 921.9 | 1,237.3 | 651.5 | 828.3 | 1,041.3 | 946.8 | 821.2 | 815.3 | 658.1 | 339.2 | 349.5 | 190.8 | 223.7 | 204.5 | 202 | 229.3 | 144 | 181.2 | 201.7 | 59.4 | 72.5 | 80.6 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (221.8) | (274.9) | (263.9) | (262) | (278) | (225.3) | (173.7) | (169.1) | (182.4) | (153.8) | (73.8) | (69.8) | (91.6) | (110.7) | (112.1) | (53.6) | (49.3) | (63.7) | (43.9) | (74.7) | (82.1) | (87.7) | (76.1) |
| Acquisitions | (34.1) | 0 | 1 | 95.2 | (641) | (803) | 0 | (4.2) | (4,327.4) | (116.4) | (5.5) | (74.5) | (202.9) | (1.4) | 0 | (386.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.7 | 5.9 | 2.4 | 20.4 | 10.4 | 2.7 | 2.7 | 14.8 | 1.5 | 3.1 | 2.3 | 2.8 | 193.8 | 6.5 | 0.2 | (2.4) | 3.4 | 1.1 | (2.8) | 262.6 | 3.6 | (96.3) | (69) |
| Investing Cash Flow | (255.2) | (269) | (260.5) | (146.4) | (908.6) | (1,025.6) | (171) | (158.5) | (4,508.3) | (267.1) | (77) | (141.5) | (100.7) | (105.6) | (111.9) | (442.6) | (45.9) | (62.6) | (46.7) | 187.9 | (78.5) | (184) | (145.1) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | (366.6) | (94.5) | (736.3) | (73.7) | 397.7 | 555.8 | (406.7) | (466.5) | 3,582.3 | 55.7 | (67.6) | 19.3 | 16.4 | (74.4) | (47.6) | 370.2 | (70.4) | 18.8 | 4.5 | (265.2) | 64.9 | 157.7 | 113.7 |
| Stock Repurchased | (34.8) | (53.1) | (35.7) | (38.8) | (8.6) | (47.3) | (95.1) | (62.3) | (137.8) | (242.7) | (185.6) | (173.8) | (120.6) | (6.8) | (11.9) | (72.3) | (81) | (63) | (111.2) | (74.7) | (16.3) | (11) | (26.4) |
| Dividends Paid | (483) | (451) | (418.5) | (396.7) | (363.3) | (330.1) | (302.2) | (273.4) | (237.6) | (217.8) | (86.2) | (76.9) | (64.1) | (58.6) | (55.1) | (52.3) | (48.7) | (46.9) | (45.5) | (45.3) | (42.2) | (39) | (35.6) |
| Other Financing Activities | 43.5 | 15.5 | 6.3 | 22 | 11.6 | 55.5 | 78.2 | 51.1 | (4.9) | 33.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | 0 | 0.1 | 0 |
| Financing Cash Flow | (840.9) | (583.1) | (1,184.2) | (487.2) | 22 | 220.9 | (725.8) | (751.1) | 3,756 | (371.5) | (294.4) | (178.4) | (131.3) | (111.6) | (85.4) | 254.6 | (188.5) | (77) | (145.2) | (380.8) | 17.7 | 113.9 | 79.1 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | (90.2) | 19.5 | (167.4) | (17.7) | (71.9) | 268.2 | 58.8 | (90.2) | 68.4 | 5.8 | (40) | 45.2 | (22.2) | 16 | 7.4 | 11.9 | (5.7) | 4.2 | (8.8) | 9.9 | (3.1) | 2.7 | 11 |
| Cash at Beginning | 186.1 | 166.6 | 334 | 351.7 | 423.6 | 155.4 | 96.6 | 186.8 | 118.4 | 112.6 | 70.3 | 25.1 | 47.3 | 31.3 | 23.9 | 12 | 17.7 | 13.5 | 22.4 | 12.5 | 15.6 | 12.8 | 1.8 |
| Cash at End | 95.9 | 186.1 | 166.6 | 334 | 351.7 | 423.6 | 155.4 | 96.6 | 186.8 | 118.4 | 30.3 | 70.3 | 25.1 | 47.3 | 31.3 | 23.9 | 12 | 17.7 | 13.6 | 22.4 | 12.5 | 15.5 | 12.8 |
| Free Cash Flow | 740.4 | 647 | 973.4 | 389.5 | 550.3 | 816 | 773.1 | 652.1 | 632.9 | 504.3 | 265.4 | 279.7 | 99.2 | 113 | 92.4 | 148.4 | 180 | 80.3 | 137.3 | 127 | (22.7) | (15.2) | 4.5 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 6,840.3 | 6,723.7 | 6,662.2 | 6,350.5 | 6,317.9 | 5,601.3 | 5,347.4 | 5,302.8 | 4,730.3 | 4,411.5 | 4,296.3 | 4,243.2 | 4,123.4 | 4,014.2 | 3,697.6 | 3,336.8 | 3,192.1 | 3,176.6 | 2,916.2 | 2,716.4 | 2,592 | 2,526.2 | 2,269.6 | 2,044.9 | 1,939.1 | 2,041.9 | 2,006.9 | 1,881.1 | 1,801 | 1,732.5 | 1,858.7 | 1,694.8 | 1,556.6 |
| Gross Profit | 2,592.2 | 2,591 | 2,502.5 | 2,274.5 | 2,494.6 | 2,300.4 | 2,145.3 | 2,093.3 | 1,794 | 1,831.7 | 1,737.3 | 1,730.2 | 1,665.8 | 1,617.8 | 1,522.5 | 1,417.7 | 1,327.2 | 1,288.2 | 1,191.8 | 1,114.6 | 1,036.6 | 1,007.9 | 898.6 | 799.5 | 737.5 | 711.5 | 774.6 | 703.7 | 678 | 668.3 | 710.9 | 690.7 | 653.7 |
| Operating Income | 1,091.9 | 1,060.3 | 963 | 863.6 | 1,015.1 | 999.5 | 957.7 | 891.1 | 699.8 | 641 | 548.4 | 603 | 550.5 | 578.3 | 540.3 | 509.8 | 466.9 | 376.5 | 354.2 | 269.6 | 343.5 | 332.7 | 295.5 | 262.4 | 219.6 | 225 | 194.9 | 185.1 | 167.7 | 151.4 | 201.1 | 198.7 | 180.5 |
| Net Income | 789.4 | 788.5 | 680.6 | 682 | 755.3 | 747.4 | 702.7 | 933.4 | 477.4 | 472.3 | 401.6 | 437.9 | 389 | 407.8 | 374.2 | 370.2 | 299.8 | 255.8 | 230.1 | 202.2 | 214.9 | 214.5 | 210.8 | 179.8 | 146.6 | 137.5 | 103.3 | 103.8 | 98.4 | 41.9 | 97.6 | 61.1 | 73.1 |
| EPS (Diluted) | 2.93 | 2.92 | 2.52 | 2.52 | 2.80 | 2.78 | 2.62 | 3.50 | 1.86 | 1.85 | 1.56 | 1.67 | 1.46 | 1.52 | 1.40 | 1.38 | 1.14 | 0.97 | 0.86 | 0.75 | 0.78 | 0.76 | 0.74 | 0.63 | 0.52 | 0.49 | 0.36 | 0.35 | 0.39 | 0.13 | 0.30 | 0.19 | 0.23 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 95.9 | 186.1 | 166.6 | 334 | 351.7 | 423.6 | 155.4 | 96.6 | 186.8 | 118.4 | 39.5 | 38.9 | 70.3 | 25.1 | 47.3 | 31.3 | 23.9 | 12 | 17.7 | 13.5 | 22.4 | 12.5 | 15.6 | 12.8 | |||||||||
| Total Assets | 13,200.4 | 13,070.3 | 12,862.3 | 13,124.9 | 12,905.8 | 12,089.7 | 10,362.1 | 10,256.4 | 10,385.8 | 4,635.9 | 3,387.8 | 3,220.3 | 2,369.6 | 2,145.5 | 1,930.8 | 1,772 | 1,659.9 | 1,188.8 | 1,259.1 | 1,256.2 | 1,326.6 | 1,614.3 | 1,568.7 | 1,313.2 | |||||||||
| Total Debt | 3,996.3 | 4,508.5 | 4,591.3 | 5,325.7 | 5,388.8 | 5,007.9 | 4,324.2 | 4,696.4 | 5,027.1 | 1,447.2 | 991.1 | 1,239.2 | 638.1 | 619.7 | 588.1 | 664.9 | 712.1 | 342 | 414 | 397.8 | 400.2 | 656.4 | 606.3 | 456.5 | |||||||||
| Stockholders' Equity | 5,736.5 | 5,291 | 5,060.7 | 4,680.5 | 4,411 | 3,926.1 | 3,444.2 | 3,170.9 | 2,559.9 | 1,626.6 | 1,334.6 | 1,055.3 | 889.7 | 755.2 | 592.3 | 463.1 | 359.3 | 382.4 | 388.1 | 393.1 | 450 | 519.3 | 490 | 466.8 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 962.2 | 921.9 | 1,237.3 | 651.5 | 828.3 | 1,041.3 | 946.8 | 821.2 | 815.3 | 658.1 | 339.2 | 349.5 | 190.8 | 223.7 | 204.5 | 202 | 229.3 | 144 | 181.2 | 201.7 | 59.4 | 72.5 | 80.6 | ||||||||||
| Capital Expenditure | (221.8) | (274.9) | (263.9) | (262) | (278) | (225.3) | (173.7) | (169.1) | (182.4) | (153.8) | (73.8) | (69.8) | (91.6) | (110.7) | (112.1) | (53.6) | (49.3) | (63.7) | (43.9) | (74.7) | (82.1) | (87.7) | (76.1) | ||||||||||
| Free Cash Flow | 740.4 | 647 | 973.4 | 389.5 | 550.3 | 816 | 773.1 | 652.1 | 632.9 | 504.3 | 265.4 | 279.7 | 99.2 | 113 | 92.4 | 148.4 | 180 | 80.3 | 137.3 | 127 | (22.7) | (15.2) | 4.5 | ||||||||||