MKL - Markel Corporation
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$1,950.00
DETAILS
HIGH:
$1,950.00
LOW:
$1,950.00
MEDIAN:
$1,950.00
CONSENSUS:
$1,950.00
UPSIDE:
4.96%
| 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 | 16,589.3 | 16,750.2 | 15,713.6 | 11,813.2 | 12,918.3 | 9,639.2 | 9,519.6 | 6,949.8 | 6,064.8 | 5,610.8 | 5,370.0 | 5,133.7 | 4,323.1 | 3,000.1 | 2,629.9 | 2,225.4 | 2,069.3 | 1,976.6 | 2,483.3 | 2,519.0 | 2,200.1 | 2,262.1 | 2,091.9 | 1,770.2 | 1,397.4 | 1,094.5 | 524.3 | 426.0 | 419 | 366.7 | 343.6 | 279.7 | 234.9 |
| Cost of Revenue | 5,079.8 | 7,477.1 | 7,632.8 | 8,407.7 | 7,025.4 | 6,257.2 | 4,667.4 | 4,304.9 | 4,218.7 | 3,249.1 | 2,752.5 | 2,920.2 | 2,338.5 | 1,584.4 | 1,723.2 | 1,372.1 | 992.9 | 1,269.0 | 1,852.9 | 1,900.4 | 1,950.3 | 1,981.8 | 1,854.2 | 1,601.7 | 1,500.3 | 1,070.6 | 440.3 | 328.2 | 120.1 | 0 | 0 | 80.7 | 67.3 |
| Gross Profit | 11,509.5 | 9,273.1 | 8,080.8 | 3,405.5 | 5,892.9 | 3,382.0 | 4,852.2 | 2,644.9 | 1,846.1 | 2,361.7 | 2,617.5 | 2,213.4 | 1,984.6 | 1,415.7 | 906.8 | 853.3 | 1,076.5 | 707.6 | 630.4 | 618.6 | 249.8 | 280.3 | 237.7 | 168.5 | (102.9) | 23.9 | 84.0 | 97.8 | 298.9 | 366.7 | 343.6 | 199 | 167.6 |
| 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 |
| SG&A Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 675.7 | 474.9 | 458.6 | 416.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Expenses | 8,776.8 | 5,635.4 | 5,427.1 | 3,557.1 | 2,763.1 | 2,381.5 | 1,890.7 | 2,177.8 | 1,300.1 | 1,315.6 | 1,875.4 | 1,773.1 | 1,622.9 | 1,103.7 | 716.6 | 557.8 | 877.8 | 867.4 | 58.4 | 65.2 | 63.8 | 56.2 | 56.1 | 50.8 | 79.3 | 75.7 | 30.5 | 22.4 | 20.1 | 8 | 8.5 | 7.7 | 5.6 |
| Operating Expenses | 8,776.8 | 5,635.4 | 5,427.1 | 3,557.1 | 2,763.1 | 2,381.5 | 2,566.4 | 2,652.7 | 1,758.8 | 1,731.7 | 1,875.4 | 1,773.1 | 1,622.9 | 1,103.7 | 716.6 | 557.8 | 877.8 | 867.4 | 58.4 | 65.2 | 63.8 | 56.2 | 56.1 | 50.8 | 79.3 | 75.7 | 30.5 | 22.4 | 20.1 | 8 | 8.5 | 7.7 | 5.6 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 2,732.7 | 3,637.7 | 2,653.7 | (151.6) | 3,129.8 | 1,000.4 | 2,285.8 | (7.9) | 87.3 | 629.9 | 742.1 | 440.4 | 361.7 | 312.1 | 190.2 | 295.5 | 198.6 | (159.8) | 572.0 | 553.4 | 186 | 224.0 | 181.6 | 117.7 | (182.2) | (51.8) | 53.4 | 75.4 | 278.8 | 358.7 | 335.1 | 191.3 | 162 |
| Interest Expense | 205.9 | 204.3 | 185.1 | 196.1 | 183.6 | 177.6 | 171.7 | 154.2 | 132.5 | 129.9 | 118.3 | 117.4 | 114.0 | 92.8 | 86.3 | 73.7 | 54.0 | 48.2 | 56.3 | 65.2 | 63.8 | 56.2 | 52.0 | 40.1 | 48.6 | 52.3 | 25.1 | 20.4 | 20.1 | 8 | 8.5 | 7.7 | 5.6 |
| Interest Income | 0 | 938.5 | 751.8 | 464.0 | 384.4 | 392.0 | 457.7 | 452.0 | 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 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 2,938.6 | 4,184.4 | 3,158.5 | 353.9 | 3,649.8 | 1,485.1 | 2,726.7 | 374.2 | 423.6 | 954.0 | 1,061.4 | 761.4 | 665.8 | 492.1 | 347.0 | 422.8 | 283.8 | (80.4) | 658.7 | 652.6 | 286.2 | 311.6 | 272.8 | 186.0 | (91.6) | 32.9 | 91.4 | 103.1 | 27.4 | 18.9 | 19.6 | 23.1 | 18.6 |
| EBIT | 2,938.6 | 3,842 | 2,838.8 | 44.5 | 3,313.4 | 1,178.0 | 2,457.5 | 146.4 | 219.7 | 759.8 | 860.4 | 557.8 | 475.7 | 404.8 | 276.4 | 369.2 | 252.6 | (111.6) | 628.2 | 618.6 | 249.8 | 280.3 | 233.5 | 157.8 | (133.6) | 0.5 | 78.6 | 95.8 | 20.1 | 8 | 8.5 | 7.7 | 5.6 |
| Income Before Tax | 2,732.7 | 3,637.7 | 2,653.7 | (151.6) | 3,129.8 | 1,000.4 | 2,285.8 | (7.9) | 87.3 | 629.9 | 742.1 | 440.4 | 361.7 | 312.1 | 190.2 | 295.5 | 198.6 | (159.8) | 572.0 | 553.4 | 186 | 224.0 | 181.6 | 117.7 | (182.2) | (51.8) | 53.4 | 75.4 | 66.3 | 37 | 47.9 | 25.7 | 32.1 |
| Income Tax Expense | 580.3 | 790.3 | 552.6 | (48.2) | 684.0 | 168.7 | 486.3 | 122.5 | (313.5) | 169.5 | 153.0 | 116.7 | 77.9 | 53.8 | 41.7 | 27.8 | (3.8) | (101.4) | 166.3 | 160.9 | 38.1 | 58.6 | 58.1 | 42.4 | (56.5) | (24.2) | 12.8 | 18.1 | 15.9 | (9.7) | 13.4 | 7.1 | 8.5 |
| Net Income | 2,107.0 | 2,747.0 | 1,996.1 | (216.3) | 2,423.1 | 816.0 | 1,790.5 | (128.2) | 395.3 | 455.7 | 582.8 | 321.2 | 281.0 | 253.4 | 142.0 | 266.8 | 201.6 | (58.8) | 405.7 | 392.5 | 147.9 | 165.4 | 123.5 | 75.3 | (125.7) | (27.6) | 40.6 | 57.3 | 50.4 | 46.7 | 34.5 | 18.6 | 23.6 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 169.74 | 199.69 | 147.32 | -23.72 | 176.92 | 55.67 | 129.25 | -9.21 | 25.89 | 31.41 | 41.99 | 22.38 | 22.57 | 25.96 | 14.66 | 27.31 | 20.54 | -5.99 | 40.73 | 40.43 | 15.05 | 16.79 | 12.55 | 7.67 | -14.73 | -3.99 | 7.27 | 10.41 | 9.20 | 8.58 | 6.38 | 3.33 | 4.23 |
| EPS (Diluted) | 169.22 | 199.32 | 146.98 | -23.72 | 176.51 | 55.63 | 129.07 | -9.21 | 25.81 | 31.27 | 41.74 | 22.27 | 22.48 | 25.89 | 14.60 | 27.27 | 20.52 | -5.99 | 40.64 | 39.40 | 14.80 | 16.41 | 12.31 | 7.65 | -14.73 | -3.99 | 7.20 | 10.17 | 8.92 | 8.30 | 6.15 | 3.33 | 4.23 |
| Shares Outstanding | 12.7 | 13.0 | 13.3 | 13.6 | 13.8 | 13.8 | 13.9 | 13.9 | 14.0 | 14.0 | 14.0 | 14.0 | 12.5 | 9.7 | 9.7 | 9.8 | 9.8 | 9.8 | 10.0 | 9.7 | 9.8 | 9.9 | 9.8 | 9.8 | 8.5 | 6.9 | 5.6 | 5.5 | 5.5 | 5.6 | 5.6 | 5.6 | 5.6 |
| 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 | 3,964.7 | 4,192.2 | 4,332.0 | 4,137.4 | 3,978.5 | 5,216.6 | 3,500.4 | 2,396.4 | 2,500.8 | 2,085.2 | 850.5 | 639.6 | 378.9 | 372.5 | 444.2 | 296.8 | 250.3 | 1.8 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Investments | 7,066.7 | 0 | 0 | 14,526.1 | 14,387.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 121.7 | 82.0 | 67.8 | 64.8 | 80.7 | 141.7 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 18,580.9 | 2,870.7 | 2,625.2 | 11,407.8 | 9,707.5 | 1,930.2 | 1,424.9 | 1,327.5 | 1,320.6 | 1,061.2 | 1,152.3 | 1,273.0 | 0 | 450.9 | 408.5 | 1,805.4 | 1,327.5 | 520.5 | 287.6 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 298.7 | (21,268.8) | (18,427.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 638.6 | 0 | 0 | 1,084.1 | 902.5 | 9,597.7 | 6,884.5 | 5,592.5 | 6,582.7 | 6,463.7 | 2,643.4 | 2,604.8 | 2,844.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 33,324.9 | 7,063.0 | 6,957.2 | 33,221.5 | 30,774.3 | 7,146.9 | 4,925.2 | 3,724.0 | 3,821.4 | 3,146.4 | 2,002.8 | 1,912.6 | 2,844.7 | 905.4 | 920.6 | 2,167.0 | 1,658.6 | 664.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 0 | 2,081.4 | 1,928.8 | 0 | 0 | 1,160.4 | 821.3 | 551.5 | 501.6 | 412.4 | 100.2 | 57.3 | 30.2 | 0 | 0 | 0 | 0 | 9.9 | 8 | 10.1 | 15.4 | 27.7 | 43.3 | 42.3 |
| Goodwill | 2,822.1 | 2,735.9 | 2,624.7 | 2,638.8 | 2,899.1 | 2,604.6 | 2,308.5 | 2,238.0 | 1,777.5 | 1,142.2 | 0 | 0 | 339.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2,452.5 | 1,459.6 | 1,588.7 | 2,672.9 | 2,616.6 | 1,782.7 | 1,738.5 | 1,726.2 | 1,355.7 | 722.5 | 502.8 | 344.0 | 0 | 357.3 | 361.4 | 372.1 | 403.0 | 92.3 | 35.3 | 37.3 | 39.3 | 41.7 | 45.1 | 53.1 |
| Long-Term Investments | 25,769.3 | 30,917.5 | 27,127.9 | 7,671.9 | 9,023.9 | 19,709.9 | 18,757.9 | 16,841.8 | 18,069.5 | 16,973.5 | 6,998.2 | 6,268.9 | 121.7 | 4,977.4 | 3,869.9 | 3,294.4 | 2,885.8 | 1,623.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4,536.3 | 3,048.6 | 3,194.1 | 3,586.0 | 3,163.1 | 1,860.4 | 2,051.5 | 1,671.8 | 1,434.2 | 1,106.5 | 476.7 | 525.9 | 6,018.8 | (4,977.4) | (3,869.9) | (3,666.5) | (3,288.8) | (1,725.4) | (43.3) | (47.4) | (54.7) | (69.4) | (88.4) | (95.4) |
| Total Non-Current Assets | 35,580.2 | 40,283.0 | 36,487.7 | 16,569.7 | 17,702.8 | 27,122.0 | 25,700.0 | 23,478.5 | 23,572.6 | 21,016.6 | 8,239.1 | 7,565.1 | 6,552.9 | 357.3 | 361.4 | 3,666.5 | 3,288.8 | 1,725.4 | 43.3 | 47.4 | 54.7 | 69.4 | 88.4 | 95.4 |
| Total Assets | 68,905.1 | 47,345.9 | 43,445.0 | 49,791.3 | 48,477.1 | 34,268.9 | 30,625.2 | 27,202.4 | 27,394.0 | 24,162.9 | 10,241.9 | 9,477.7 | 9,397.6 | 8,532.2 | 7,408.6 | 6,440.6 | 5,473.2 | 2,455.3 | 1,921.3 | 1,870.1 | 1,605.3 | 1,314.5 | 1,162.5 | 1,177.4 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 1,667.9 | 1,434.9 | 1,037.7 | 669.7 | 7,493.0 | 6,230.1 | 5,660.1 | 5,399.4 | 4,943.6 | 2,238.3 | 46.9 | 42.4 | 89.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 172.8 | 202.0 | 249.9 | 0 | 126.8 | 113.0 | 288.5 | 86.3 | 183.9 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 7,253.1 | 7,064.0 | 6,642.4 | 6,220.7 | 5,383.6 | 2,981.4 | 2,641.9 | 0 | 0 | 1,963.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 30,857.5 | (8,671.6) | (7,882.1) | 20,947.9 | 11,302.6 | (9,338.3) | (8,415.1) | (5,687.9) | (5,030.0) | (4,386.1) | (0.7) | 0 | 5,483.9 | (150.2) | (122.2) | 4,655.4 | 3,859.8 | (60.7) | (22.7) | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 39,778.4 | 0 | 0 | 28,088.3 | 24,179.2 | 0 | 0 | 5,399.4 | 4,943.6 | 2,238.3 | 1,010.5 | 42.4 | 0 | 0 | 0 | 4,825 | 3,998 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 4,303.8 | 4,881.5 | 4,235.0 | 3,853.7 | 4,822.6 | 3,922.5 | 3,683.3 | 2,721.0 | 3,012.9 | 2,390.6 | 962.9 | 688.5 | 855.1 | 762.1 | 640.5 | 381.0 | 573.1 | 168.0 | 93.2 | 93.2 | 114.7 | 106.7 | 100.7 | 78.2 |
| Deferred Tax Liabilities | 0 | 1,600 | 1,200 | 0 | 0 | 990.1 | 883 | 895.2 | 939.7 | 989.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 5,720.6 | 22,802.5 | 21,952.7 | 4,112.2 | 4,273.7 | 15,821.0 | 14,590.4 | 14,311.8 | 13,773.5 | 12,241.4 | 6,487.3 | 6,608.5 | 1,312.5 | (762.1) | (640.5) | (381.0) | (573.1) | (168.0) | (93.2) | (93.2) | (114.7) | (106.7) | (100.7) | (78.2) |
| Total Non-Current Liabilities | 10,024.5 | 29,877.0 | 27,919.1 | 7,965.9 | 9,096.3 | 21,208.5 | 19,369.3 | 17,928.1 | 17,726.1 | 15,621.8 | 7,450.2 | 7,297.0 | 2,167.6 | 7,150.0 | 6,249.4 | 531 | 723 | 168.0 | 93.2 | 93.2 | 114.7 | 106.7 | 100.7 | 78.2 |
| Total Liabilities | 49,802.9 | 29,877.0 | 27,919.1 | 36,054.2 | 33,275.5 | 21,208.5 | 19,369.3 | 17,928.1 | 17,726.1 | 15,621.8 | 7,450.2 | 7,297.0 | 7,741.1 | 7,150.0 | 6,249.4 | 5,205.5 | 4,570.8 | 168.0 | 93.2 | 93.2 | 114.7 | 106.7 | 100.7 | 78.2 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 3,672.4 | 3,560.6 | 3,517.1 | 3,493.9 | 3,441.1 | 3,428.3 | 3,404.9 | 3,393.0 | 3,381.8 | 3,368.7 | 872.9 | 869.7 | 742.3 | 737.4 | 736.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 15,034.8 | 13,380.5 | 11,353.1 | 9,832.8 | 10,446.8 | 8,195.2 | 7,457.2 | 5,782.3 | 3,776.7 | 3,526.4 | 1,514.4 | 1,297.9 | 537.1 | 375.0 | 251.6 | 176.3 | 302 | 342.4 | 303.9 | 246.9 | 200.2 | 156.3 | 121.9 | 105.5 |
| Accumulated Other Comprehensive Income | (109.5) | (617.1) | (478.2) | (767.5) | 237.6 | 584.4 | 208.8 | (94.7) | 2,345.6 | 1,565.9 | 387.1 | 13.0 | 377.1 | 269.9 | 171.3 | 173.3 | 124.5 | 15.4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 18,597.8 | 16,915.9 | 14,983.9 | 13,151.1 | 14,717.4 | 12,799.8 | 11,070.9 | 9,080.7 | 9,504.1 | 8,460.9 | 2,774.4 | 2,180.7 | 1,656.5 | 1,382.3 | 1,159.1 | 1,085.1 | 752.4 | 383.4 | 425.3 | 356.8 | 268.3 | 213.4 | 138.5 | 150.7 |
| Total Liabilities & Equity | 68,905.1 | 47,345.9 | 43,445.0 | 49,791.3 | 48,477.1 | 34,268.9 | 30,625.2 | 27,202.4 | 27,394.0 | 24,162.9 | 10,241.9 | 9,477.7 | 9,397.6 | 8,532.2 | 7,408.6 | 6,440.6 | 5,473.2 | 2,455.3 | 1,921.3 | 1,870.1 | 1,605.3 | 1,314.5 | 1,162.5 | 1,177.4 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 4,303.8 | 5,647.2 | 4,968.4 | 4,103.6 | 4,822.6 | 4,524.2 | 4,008.9 | 3,009.6 | 3,099.2 | 2,574.5 | 963.6 | 688.5 | 855.1 | 762.1 | 490.5 | 381.0 | 573.1 | 168.0 | 93.2 | 93.2 | 114.7 | 106.7 | 100.7 | 78.2 |
| Net Debt | 339.1 | 1,455.0 | 636.4 | (33.8) | 844.2 | (692.4) | 508.6 | 613.1 | 598.4 | 489.4 | 113.2 | 48.9 | 476.1 | 389.6 | 46.3 | 84.2 | 322.8 | 166.2 | 93.2 | 93.2 | 114.7 | 106.7 | 100.7 | 78.2 |
| 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 | 2,107.0 | 2,847.4 | 2,101.1 | (101.2) | 2,445.9 | 831.8 | 1,799.5 | (130.4) | 400.8 | 460.4 | 147.9 | 165.4 | 123.5 | 75.3 | (125.7) | (27.6) | 40.6 | 57.3 | 50.4 | 46.7 | 34.5 | 18.6 | 23.6 |
| Depreciation & Amortization | 0 | 342.4 | 259.9 | 367.0 | 336.4 | 307.1 | 269.2 | 227.8 | 203.9 | 194.1 | 29.6 | 31.3 | 39.3 | 28.2 | 41.9 | 32.4 | 12.9 | 7.3 | 7.3 | 10.9 | 11.1 | 15.4 | 13 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.9 | 14.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 1,033.6 | 1,069.9 | 1,606.8 | 1,199.4 | 919.7 | 1,096.2 | 433.6 | 287.6 | 551.8 | (161.6) | 455.6 | 582.9 | 625.1 | 408.5 | 13.1 | (4.5) | 5.8 | (4.9) | 34 | 81.4 | 80 | 7.9 | (18) |
| Other Non-Cash Items | (379.4) | (2,060.2) | (1,414.8) | 1,526.1 | (1,881.3) | (494.7) | (1,551.6) | (25.2) | 20.9 | 43.5 | (37.3) | (59.2) | (143.2) | (1.2) | 311.4 | 107.0 | (68.2) | (26.8) | (22.5) | (29.3) | 42 | 14.8 | 74.5 |
| Operating Cash Flow | 2,761.3 | 2,594.0 | 2,786.8 | 2,709.4 | 2,274.1 | 1,737.6 | 1,274.1 | 892.9 | 858.5 | 534.6 | 551.3 | 690.7 | 631.5 | 507.4 | 164.5 | 89.2 | 0.6 | 39.9 | 68.6 | 94.4 | 169 | 61 | 92 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (206.9) | (255.0) | (258.6) | (254.7) | (145.2) | (101.3) | (123.4) | (106.6) | (74.7) | (63.7) | (29.5) | (7.0) | (7.9) | (14.6) | (8.5) | (19.6) | (4.0) | (2.7) | (4.6) | (4) | (4.5) | (7) | (4.6) |
| Acquisitions | 0 | (207.8) | (155.0) | 752.3 | (525.6) | (554.1) | (503.0) | (1,175.2) | (1,441.4) | (7.3) | 43.2 | 0 | 0 | 0 | 0 | (195.6) | (130.0) | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | (4,366.0) | (4,941.2) | (3,401.1) | (3,420.8) | (2,151.7) | (1,051.8) | (444.3) | (941.5) | (2,895.1) | (2,444.1) | (3,497.8) | (5,236.6) | (2,755.8) | (1,382.8) | (891.6) | (995.4) | (574.8) | (904) | (591) | (793.1) | (418) | (585.4) |
| Sales/Maturities of Investments | 0 | 2,398.0 | 2,628.1 | 1,394.3 | 1,137.6 | 2,222.4 | 1,126.3 | 971.0 | 1,707.5 | 1,329.0 | 2,317.2 | 3,458.1 | 5,222.4 | 2,752.8 | 1,398.7 | 910.3 | 1,121.7 | 533.1 | 691.9 | 522.3 | 654.3 | 360.4 | 471.4 |
| Other Investing Activities | (1,313.1) | 32.2 | 23.1 | (161.1) | 16.2 | 72.9 | 16.8 | (42.2) | 5.6 | 92.0 | (454.2) | (721.0) | (797.5) | (444.7) | (335.9) | (5.1) | (6.8) | 4.2 | 15.6 | (35.3) | (23.7) | 1.4 | 38.7 |
| Investing Cash Flow | (1,313.1) | (2,398.6) | (2,703.6) | (1,670.2) | (2,937.8) | (511.7) | (535.2) | (797.2) | (744.5) | (1,545.1) | (567.3) | (767.7) | (819.5) | (462.2) | (328.5) | (201.6) | (14.5) | (40.2) | (201.1) | (108) | (167) | (63.2) | (79.9) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | (29.5) | 537.5 | (324.7) | (221.0) | 711.8 | (52.8) | 541.5 | (82.2) | 404.7 | 280.9 | (13.2) | 86.8 | 115.3 | 102.2 | (196.8) | 241.7 | 19.7 | 0 | (21.6) | 7.9 | 6.1 | 2.2 | (23.5) |
| Stock Repurchased | (429.5) | (572.7) | (445.5) | (290.8) | (206.5) | (26.8) | (116.3) | (54.0) | (110.8) | (51.1) | (15.9) | (3.4) | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (618) | (36) | (36) | (36) | (36) | (18.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (9.9) | (226.6) | (193.6) | (47.6) | (99.5) | (59.3) | (65.9) | (42.7) | (37.5) | (77.8) | 0 | 0 | 1.1 | 0.2 | (0.2) | (8.0) | (5.5) | 0.5 | 144.4 | (1.5) | 0 | (29.3) | 0.2 |
| Financing Cash Flow | (1,086.8) | (297.9) | (999.7) | (595.3) | 369.8 | 434.6 | 359.3 | (179.0) | 256.3 | 152.0 | (29.2) | 83.4 | 116.4 | 102.3 | 210.5 | 233.7 | 14.2 | 0.5 | 122.8 | 6.4 | 6.1 | (27.1) | (23.3) |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | 411.1 | (139.8) | (889.5) | 340.6 | (335.7) | 1,716.3 | 1,103.9 | (104.4) | 415.7 | (891.3) | (45.2) | 6.4 | (71.7) | 147.5 | 46.5 | 121.3 | 0.3 | 0.2 | (9.7) | (7.3) | 8.1 | (29.3) | (23.3) |
| Cash at Beginning | 4,192.2 | 4,332.0 | 5,221.5 | 4,880.9 | 5,216.6 | 3,500.4 | 2,396.4 | 2,500.8 | 2,085.2 | 2,630.0 | 378.9 | 372.5 | 444.2 | 296.8 | 250.3 | 129.1 | 1.5 | 1.3 | 11.1 | 18.3 | 10.2 | 12.4 | 23.6 |
| Cash at End | 4,603.3 | 4,192.2 | 4,332.0 | 5,221.5 | 4,880.9 | 5,216.6 | 3,500.4 | 2,396.4 | 2,500.8 | 1,738.7 | 333.8 | 378.9 | 372.5 | 444.2 | 296.8 | 250.3 | 1.8 | 1.5 | 1.4 | 11 | 18.3 | (16.9) | 0.3 |
| Free Cash Flow | 2,554.4 | 2,339.0 | 2,528.2 | 2,454.7 | 2,128.8 | 1,636.3 | 1,150.7 | 786.3 | 783.9 | 470.9 | 521.8 | 683.7 | 623.5 | 492.8 | 156.0 | 69.6 | (3.5) | 37.2 | 64 | 90.4 | 164.5 | 54 | 87.4 |
| 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 | 16,589.3 | 16,750.2 | 15,713.6 | 11,813.2 | 12,918.3 | 9,639.2 | 9,519.6 | 6,949.8 | 6,064.8 | 5,610.8 | 5,370.0 | 5,133.7 | 4,323.1 | 3,000.1 | 2,629.9 | 2,225.4 | 2,069.3 | 1,976.6 | 2,483.3 | 2,519.0 | 2,200.1 | 2,262.1 | 2,091.9 | 1,770.2 | 1,397.4 | 1,094.5 | 524.3 | 426.0 | 419 | 366.7 | 343.6 | 279.7 | 234.9 |
| Gross Profit | 11,509.5 | 9,273.1 | 8,080.8 | 3,405.5 | 5,892.9 | 3,382.0 | 4,852.2 | 2,644.9 | 1,846.1 | 2,361.7 | 2,617.5 | 2,213.4 | 1,984.6 | 1,415.7 | 906.8 | 853.3 | 1,076.5 | 707.6 | 630.4 | 618.6 | 249.8 | 280.3 | 237.7 | 168.5 | (102.9) | 23.9 | 84.0 | 97.8 | 298.9 | 366.7 | 343.6 | 199 | 167.6 |
| Operating Income | 2,732.7 | 3,637.7 | 2,653.7 | (151.6) | 3,129.8 | 1,000.4 | 2,285.8 | (7.9) | 87.3 | 629.9 | 742.1 | 440.4 | 361.7 | 312.1 | 190.2 | 295.5 | 198.6 | (159.8) | 572.0 | 553.4 | 186 | 224.0 | 181.6 | 117.7 | (182.2) | (51.8) | 53.4 | 75.4 | 278.8 | 358.7 | 335.1 | 191.3 | 162 |
| Net Income | 2,107.0 | 2,747.0 | 1,996.1 | (216.3) | 2,423.1 | 816.0 | 1,790.5 | (128.2) | 395.3 | 455.7 | 582.8 | 321.2 | 281.0 | 253.4 | 142.0 | 266.8 | 201.6 | (58.8) | 405.7 | 392.5 | 147.9 | 165.4 | 123.5 | 75.3 | (125.7) | (27.6) | 40.6 | 57.3 | 50.4 | 46.7 | 34.5 | 18.6 | 23.6 |
| EPS (Diluted) | 169.22 | 199.32 | 146.98 | -23.72 | 176.51 | 55.63 | 129.07 | -9.21 | 25.81 | 31.27 | 41.74 | 22.27 | 22.48 | 25.89 | 14.60 | 27.27 | 20.52 | -5.99 | 40.64 | 39.40 | 14.80 | 16.41 | 12.31 | 7.65 | -14.73 | -3.99 | 7.20 | 10.17 | 8.92 | 8.30 | 6.15 | 3.33 | 4.23 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 3,964.7 | 4,192.2 | 4,332.0 | 4,137.4 | 3,978.5 | 5,216.6 | 3,500.4 | 2,396.4 | 2,500.8 | 2,085.2 | 850.5 | 639.6 | 378.9 | 372.5 | 444.2 | 296.8 | 250.3 | 1.8 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Total Assets | 68,905.1 | 47,345.9 | 43,445.0 | 49,791.3 | 48,477.1 | 34,268.9 | 30,625.2 | 27,202.4 | 27,394.0 | 24,162.9 | 10,241.9 | 9,477.7 | 9,397.6 | 8,532.2 | 7,408.6 | 6,440.6 | 5,473.2 | 2,455.3 | 1,921.3 | 1,870.1 | 1,605.3 | 1,314.5 | 1,162.5 | 1,177.4 | |||||||||
| Total Debt | 4,303.8 | 5,647.2 | 4,968.4 | 4,103.6 | 4,822.6 | 4,524.2 | 4,008.9 | 3,009.6 | 3,099.2 | 2,574.5 | 963.6 | 688.5 | 855.1 | 762.1 | 490.5 | 381.0 | 573.1 | 168.0 | 93.2 | 93.2 | 114.7 | 106.7 | 100.7 | 78.2 | |||||||||
| Stockholders' Equity | 18,597.8 | 16,915.9 | 14,983.9 | 13,151.1 | 14,717.4 | 12,799.8 | 11,070.9 | 9,080.7 | 9,504.1 | 8,460.9 | 2,774.4 | 2,180.7 | 1,656.5 | 1,382.3 | 1,159.1 | 1,085.1 | 752.4 | 383.4 | 425.3 | 356.8 | 268.3 | 213.4 | 138.5 | 150.7 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 2,761.3 | 2,594.0 | 2,786.8 | 2,709.4 | 2,274.1 | 1,737.6 | 1,274.1 | 892.9 | 858.5 | 534.6 | 551.3 | 690.7 | 631.5 | 507.4 | 164.5 | 89.2 | 0.6 | 39.9 | 68.6 | 94.4 | 169 | 61 | 92 | ||||||||||
| Capital Expenditure | (206.9) | (255.0) | (258.6) | (254.7) | (145.2) | (101.3) | (123.4) | (106.6) | (74.7) | (63.7) | (29.5) | (7.0) | (7.9) | (14.6) | (8.5) | (19.6) | (4.0) | (2.7) | (4.6) | (4) | (4.5) | (7) | (4.6) | ||||||||||
| Free Cash Flow | 2,554.4 | 2,339.0 | 2,528.2 | 2,454.7 | 2,128.8 | 1,636.3 | 1,150.7 | 786.3 | 783.9 | 470.9 | 521.8 | 683.7 | 623.5 | 492.8 | 156.0 | 69.6 | (3.5) | 37.2 | 64 | 90.4 | 164.5 | 54 | 87.4 | ||||||||||