NFLX - Netflix, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$111.83
DETAILS
HIGH:
$135.00
LOW:
$96.00
MEDIAN:
$112.00
CONSENSUS:
$111.83
UPSIDE:
44.52%
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||
| Revenue | 45,183.0 | 39,001.0 | 33,723.3 | 31,615.5 | 29,697.8 | 24,996.1 | 20,156.4 | 15,794.3 | 11,692.7 | 8,830.7 | 6,779.5 | 5,504.7 | 4,374.6 | 3,609.3 | 3,204.6 | 2,162.6 | 1,670.3 | 1,364.7 | 1,205.3 | 996.7 | 682.2 | 506.2 | 272.2 | 152.8 | 75.9 | 35.9 |
| Cost of Revenue | 23,275.3 | 21,038.5 | 19,715.4 | 19,168.3 | 17,332.7 | 15,276.3 | 12,440.2 | 9,967.5 | 7,659.7 | 6,029.9 | 4,591.5 | 3,752.8 | 3,083.3 | 2,625.9 | 2,039.9 | 1,357.4 | 1,079.3 | 910.2 | 786.2 | 627.0 | 464.6 | 276.5 | 148.4 | 78.1 | 49.9 | 24.9 |
| Gross Profit | 21,907.7 | 17,962.5 | 14,007.9 | 12,447.3 | 12,365.2 | 9,719.7 | 7,716.2 | 5,826.8 | 4,033.0 | 2,800.8 | 2,188.0 | 1,751.9 | 1,291.3 | 983.4 | 1,164.7 | 805.3 | 591.0 | 454.4 | 419.2 | 369.7 | 217.7 | 229.8 | 123.9 | 74.7 | 26.0 | 11.0 |
| Operating Expenses | ||||||||||||||||||||||||||
| R&D Expenses | 3,391.4 | 2,925.3 | 2,675.8 | 2,711.0 | 2,273.9 | 1,829.6 | 1,545.1 | 1,221.8 | 1,052.8 | 852.1 | 650.8 | 472.3 | 378.8 | 329.0 | 259.0 | 163.3 | 114.5 | 89.9 | 71.4 | 48.4 | 30.9 | 22.9 | 17.9 | 14.6 | 17.7 | 16.8 |
| SG&A Expenses | 5,189.7 | 4,619.6 | 4,378.2 | 4,103.4 | 3,896.8 | 3,304.8 | 3,566.8 | 2,999.8 | 2,141.6 | 1,568.9 | 1,231.4 | 876.9 | 684.2 | 604.4 | 520.6 | 364.4 | 289.1 | 249.4 | 270.8 | 261.7 | 180.0 | 114.3 | 101.5 | 70.7 | 44.8 | 17.2 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (4.6) | (6.3) | (14.2) | 0 | (2.4) | 5.8 | 0 | 0 | 0 | 35.4 |
| Operating Expenses | 8,581.1 | 7,544.9 | 7,053.9 | 6,814.4 | 6,170.7 | 5,134.4 | 5,112.0 | 4,221.6 | 3,194.4 | 2,421.0 | 1,882.2 | 1,349.2 | 1,063.0 | 933.4 | 779.6 | 527.7 | 399.1 | 332.9 | 328.0 | 310.1 | 208.6 | 210.4 | 119.4 | 85.3 | 62.6 | 69.5 |
| Operating Income | ||||||||||||||||||||||||||
| Operating Income | 13,326.6 | 10,417.6 | 6,954.0 | 5,632.8 | 6,194.5 | 4,585.3 | 2,604.3 | 1,605.2 | 838.7 | 379.8 | 305.8 | 402.6 | 228.3 | 50.0 | 376.1 | 283.6 | 191.9 | 121.5 | 91.2 | 64.4 | 3.0 | 19.4 | 4.5 | (11.7) | (37.2) | (58.5) |
| Interest Expense | 776.5 | 718.7 | 748.6 | 706.2 | 765.6 | 1,385.9 | 626.0 | 420.5 | 353.4 | 150.1 | 163.9 | 53.3 | 32.1 | 20.0 | 20.0 | 19.6 | 6.5 | 2.5 | 20.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 172.5 | 266.8 | 0 | 337.3 | 411.2 | 0 | 84 | 41.7 | 0 | 30.8 | 0 | 0 | 0 | 0.5 | 3.5 | 3.7 | 6.7 | 12.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||
| EBITDA | 30,254.6 | 26,314.8 | 21,508.4 | 20,333.0 | 19,044.5 | 15,507.9 | 12,008.1 | 9,262.2 | 7,108.4 | 5,335.6 | 3,852.9 | 3,184.4 | 2,444.9 | 1,752.5 | 1,219.2 | 626.0 | 236.7 | 376.2 | 316.1 | 221.6 | 110.0 | 107.6 | 55.5 | 15.8 | (7.3) | (58.5) |
| EBIT | 13,499.1 | 10,684.4 | 6,954.0 | 5,970.1 | 6,605.7 | 4,585.3 | 2,688.3 | 1,647.0 | 838.7 | 410.6 | 305.8 | 402.6 | 203.2 | 50.5 | 379.5 | 287.3 | 198.7 | 134.0 | 91.2 | 64.4 | 3.0 | 19.4 | 4.5 | (10.7) | (37.1) | (58.5) |
| Income Before Tax | 12,722.6 | 9,965.7 | 6,205.4 | 5,263.9 | 5,840.1 | 3,199.3 | 2,062.2 | 1,226.5 | 485.3 | 260.5 | 141.9 | 349.4 | 171.1 | 30.5 | 359.5 | 267.7 | 192.2 | 131.5 | 111.5 | 80.3 | 8.3 | 21.8 | 6.5 | (21.9) | (37.9) | (58.3) |
| Income Tax Expense | 1,741.4 | 1,254.0 | 797.4 | 772.0 | 723.9 | 438.0 | 195.3 | 15.2 | (73.6) | 73.8 | 19.2 | 82.6 | 58.7 | 13.3 | 133.4 | 106.8 | 76.3 | 48.5 | 44.5 | 31.2 | (33.7) | 0.2 | 0 | (69.4) | 2.1 | 0 |
| Net Income | 10,981.2 | 8,711.6 | 5,408.0 | 4,491.9 | 5,116.2 | 2,761.4 | 1,866.9 | 1,211.2 | 558.9 | 186.7 | 122.6 | 266.8 | 112.4 | 17.2 | 226.1 | 160.9 | 115.9 | 83.0 | 67.0 | 49.1 | 42.0 | 21.6 | 6.5 | (21.9) | (38.6) | (58.3) |
| Per Share Data | ||||||||||||||||||||||||||
| EPS (Basic) | 2.58 | 2.03 | 1.23 | 1.01 | 1.16 | 0.63 | 0.43 | 0.28 | 0.13 | 0.04 | 0.03 | 0.06 | 0.03 | 0.00 | 0.06 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | -0.01 | -0.04 | -0.15 |
| EPS (Diluted) | 2.53 | 1.98 | 1.20 | 1.00 | 1.12 | 0.61 | 0.41 | 0.27 | 0.12 | 0.04 | 0.03 | 0.06 | 0.03 | 0.00 | 0.06 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | -0.01 | -0.04 | -0.15 |
| Shares Outstanding | 4,229.2 | 4,295.2 | 4,415.7 | 4,447.0 | 4,431.6 | 4,409.2 | 4,378.0 | 4,353.7 | 4,318.9 | 4,288.2 | 4,258.9 | 4,205.5 | 4,073.9 | 3,886.5 | 3,699.3 | 3,677.0 | 3,959.2 | 4,267.3 | 4,695.3 | 4,380.4 | 3,747.0 | 3,639.2 | 6,690.0 | 3,948.6 | 1,022.6 | 395.9 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||
| Cash & Cash Equivalents | 9,033.7 | 7,804.7 | 7,116.9 | 5,147.2 | 6,027.8 | 8,205.5 | 5,018.4 | 3,794.5 | 2,822.8 | 1,467.6 | 1,809.3 | 1,113.6 | 605.0 | 290.3 | 508.1 | 194.5 | 134.2 | 139.9 | 177.4 | 400.4 | 212.3 | 174.5 | 89.9 | 59.8 | 16.1 | 14.9 |
| Short-Term Investments | 28.7 | 1,779.0 | 21.0 | 911.3 | 0 | 0 | 0 | 0 | 0 | 266.2 | 501.4 | 494.9 | 595.4 | 457.8 | 289.8 | 155.9 | 186.0 | 157.4 | 207.7 | 0 | 0 | 0 | 45.3 | 43.8 | 0 | 0 |
| Net Receivables | 2,583.5 | 1,988.3 | 1,842.1 | 1,586.9 | 804.3 | 610.8 | 454.4 | 569.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37.3 | 18.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 876.3 | 1,096.4 | 529.3 | 1,228.4 | 913.9 | 742.2 | 524.7 | 5,151.2 | 4,847.2 | 3,986.5 | 3,121.1 | 2,318.6 | 1,858.4 | 1,432.8 | 977.0 | 224.6 | 26.7 | 16.4 | 18.3 | 13.8 | 18.3 | 10.1 | 0.2 | 0.4 | 1.7 | (14.9) |
| Total Current Assets | 13,020.2 | 13,100.4 | 9,918.1 | 9,266.5 | 8,069.8 | 9,761.6 | 6,178.5 | 9,694.1 | 7,670.0 | 5,720.3 | 5,431.8 | 3,927.1 | 3,058.8 | 2,240.8 | 1,830.9 | 637.2 | 411.0 | 358.9 | 416.5 | 428.4 | 243.7 | 187.3 | 138.9 | 107.1 | 19.6 | 0 |
| Non-Current Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment | 2,004.3 | 1,593.8 | 1,491.4 | 1,398.3 | 1,323.5 | 960.2 | 565.2 | 418.3 | 319.4 | 250.4 | 173.4 | 149.9 | 133.6 | 131.7 | 136.4 | 128.6 | 131.7 | 124.9 | 77.3 | 55.5 | 40.2 | 18.7 | 9.8 | 5.6 | 11.8 | 0 |
| Goodwill | 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 |
| Intangible Assets | 32,778.4 | 32,452.5 | 31,658.1 | 32,736.7 | 30,919.5 | 25,384.0 | 24,504.6 | 14,951.1 | 10,371.1 | 7,274.5 | 4,312.8 | 2,773.3 | 2,091.1 | 1,506.0 | 1,046.9 | 0 | 108.8 | 98.5 | 132.5 | 104.9 | 57.5 | 1.0 | 2.9 | 6.1 | 7.9 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 24.1 | 31.5 | 16.3 | 16.3 | 4.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.5 | 0.5 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 7,794.1 | 6,483.8 | 5,664.4 | 5,173.3 | 4,247.7 | 3,143.1 | 2,711.2 | 894.6 | 647.9 | 341.4 | 284.8 | 192.2 | 129.1 | 89.4 | 55.1 | 198.8 | 12.3 | 10.6 | 40.9 | 2.8 | 1.5 | 44.8 | 24.3 | 11.7 | 2.3 | 0 |
| Total Non-Current Assets | 42,576.8 | 40,530.0 | 38,813.9 | 39,328.3 | 36,514.8 | 29,518.8 | 27,797.2 | 16,280.3 | 11,342.8 | 7,866.3 | 4,771.0 | 3,115.4 | 2,353.8 | 1,727.1 | 1,238.3 | 344.8 | 268.7 | 256.5 | 267.0 | 180.4 | 121.0 | 64.4 | 37.1 | 23.5 | 22.1 | 0 |
| Total Assets | 55,597.0 | 53,630.4 | 48,732.0 | 48,594.8 | 44,584.7 | 39,280.4 | 33,975.7 | 25,974.4 | 19,012.7 | 13,586.6 | 10,202.9 | 7,042.5 | 5,412.6 | 3,967.9 | 3,069.2 | 982.1 | 679.7 | 615.4 | 683.5 | 608.8 | 364.7 | 251.8 | 176.0 | 130.5 | 41.6 | 52.5 |
| Current Liabilities | ||||||||||||||||||||||||||
| Account Payables | 900.6 | 899.9 | 747.4 | 671.5 | 837.5 | 656.2 | 674.3 | 563.0 | 359.6 | 312.8 | 253.5 | 201.6 | 108.4 | 86.5 | 87.0 | 222.8 | 92.5 | 100.3 | 104.4 | 93.9 | 63.5 | 49.8 | 32.7 | 20.4 | 13.7 | 0 |
| Short-Term Debt | 998.9 | 1,784.5 | 399.8 | 0 | 699.8 | 499.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2 | 0.8 | 0 | 0 | 0.1 | 0.4 | 1.2 | 3.0 | 0 |
| Deferred Revenue | 1,775.7 | 1,520.8 | 1,443.0 | 1,264.7 | 1,209.3 | 1,118.0 | 924.7 | 760.9 | 618.6 | 443.5 | 346.7 | 274.6 | 215.8 | 169.5 | 148.8 | 127.2 | 100.1 | 83.1 | 71.7 | 69.7 | 48.5 | 31.9 | 18.3 | 9.7 | 4.9 | 0 |
| Other Current Liabilities | 4,084.9 | 3,965.2 | 4,083.2 | 4,480.1 | 3,977.8 | 4,173.3 | 4,222.9 | 4,681.6 | 4,173.0 | 3,632.7 | 2,789.0 | 2,117.2 | 1,776.0 | 1,366.8 | 932.7 | 12.4 | 6.4 | (1.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 10,980.9 | 10,755.4 | 8,860.7 | 7,931.0 | 8,489.0 | 7,805.8 | 6,855.7 | 6,487.3 | 5,466.3 | 4,586.7 | 3,529.6 | 2,663.2 | 2,154.2 | 1,675.9 | 1,225.1 | 388.6 | 227.4 | 216.0 | 213.4 | 193.4 | 137.6 | 94.9 | 63.0 | 40.4 | 26.2 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | 13,464.0 | 13,798.4 | 14,143.4 | 14,353.1 | 14,693.1 | 15,809.1 | 14,759.3 | 10,360.1 | 6,499.4 | 3,364.3 | 2,371.4 | 885.8 | 500 | 400 | 400 | 200 | 200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.8 | 0 |
| Deferred Tax Liabilities | 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 |
| Other Non-Current Liabilities | 4,536.6 | 2,349.4 | 3,092.8 | 5,533.3 | 3,144.9 | 2,654.6 | 3,356.0 | 3,888.3 | 3,465.0 | 2,955.8 | 2,078.5 | 1,635.8 | 1,424.8 | (400) | 801.3 | 69.2 | 16.6 | 14.3 | 4.6 | 1.1 | 0.8 | 0.6 | 0.2 | 0.3 | 102.1 | (2.0) |
| Total Non-Current Liabilities | 18,000.6 | 18,131.4 | 19,283.0 | 19,886.4 | 20,246.4 | 20,409.3 | 19,537.9 | 14,248.3 | 9,964.5 | 6,320.2 | 4,449.8 | 2,521.6 | 1,924.8 | 1,547.3 | 1,201.3 | 303.3 | 253.2 | 52.3 | 40.3 | 1.1 | 0.8 | 0.6 | 0.3 | 0.7 | 105.9 | 0 |
| Total Liabilities | 28,981.5 | 28,886.8 | 28,143.7 | 27,817.4 | 28,735.4 | 28,215.1 | 26,393.6 | 20,735.6 | 15,430.8 | 10,906.8 | 7,979.4 | 5,184.8 | 4,079.0 | 3,223.2 | 2,426.4 | 691.9 | 480.6 | 268.3 | 253.7 | 194.6 | 138.4 | 95.5 | 63.3 | 41.2 | 132.1 | 125.8 |
| Stockholders' Equity | ||||||||||||||||||||||||||
| Common Stock | 7,286.4 | 6,252.1 | 5,145.2 | 4,637.6 | 4,024.6 | 3,447.7 | 2,793.9 | 2,316.0 | 1,871.4 | 1,599.8 | 1,324.8 | 1,042.9 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0 |
| Retained Earnings | 42,282.1 | 31,300.9 | 22,589.3 | 17,181.3 | 12,689.4 | 7,573.1 | 4,811.7 | 2,942.4 | 1,731.1 | 1,128.6 | 941.9 | 819.3 | 552.5 | 440.1 | 422.9 | 237.7 | 198.8 | 108.5 | 25.4 | (40.6) | (89.7) | (131.7) | (153.3) | (159.2) | (137.3) | 0 |
| Accumulated Other Comprehensive Income | (580.4) | 362.2 | (223.9) | (217.3) | (40.5) | 44.4 | (23.5) | (19.6) | (20.6) | (48.6) | (43.3) | (4.4) | 3.6 | 2.9 | 0.7 | 0.8 | 0.3 | 0.1 | 1.6 | 0 | (1.3) | (4.9) | (4.9) | (10.6) | (5.7) | 0 |
| Total Stockholders' Equity | 26,615.5 | 24,743.6 | 20,588.3 | 20,777.4 | 15,849.2 | 11,065.2 | 7,582.2 | 5,238.8 | 3,582.0 | 2,679.8 | 2,223.4 | 1,857.7 | 1,333.6 | 744.7 | 642.8 | 290.2 | 199.1 | 347.2 | 429.8 | 414.2 | 226.3 | 156.3 | 112.7 | 89.4 | (90.5) | (73.3) |
| Total Liabilities & Equity | 55,597.0 | 53,630.4 | 48,732.0 | 48,594.8 | 44,584.7 | 39,280.4 | 33,975.7 | 25,974.4 | 19,012.7 | 13,586.6 | 10,202.9 | 7,042.5 | 5,412.6 | 3,967.9 | 3,069.2 | 982.1 | 679.7 | 615.4 | 683.5 | 608.8 | 364.7 | 251.8 | 176.0 | 130.5 | 41.6 | 52.5 |
| Debt Metrics | ||||||||||||||||||||||||||
| Total Debt | 14,462.8 | 17,995.0 | 16,973.4 | 14,353.1 | 18,116.6 | 18,510.8 | 16,372.5 | 10,360.1 | 6,499.4 | 3,364.3 | 2,371.4 | 885.8 | 500 | 400 | 402.3 | 236.2 | 238.0 | 40.3 | 36.5 | 0 | 0 | 0.1 | 0.5 | 1.7 | 6.9 | 2.0 |
| Net Debt | 5,429.2 | 10,190.2 | 9,856.5 | 9,205.9 | 12,088.8 | 10,305.3 | 11,354.1 | 6,565.6 | 3,676.6 | 1,896.7 | 562.0 | (227.8) | (105.0) | 110 | (105.7) | 41.7 | 103.8 | (99.6) | (141.0) | (400.4) | (212.3) | (174.4) | (89.4) | (58.1) | (9.3) | (12.9) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||
| Net Income | 10,981.2 | 8,711.6 | 5,408.0 | 4,491.9 | 5,116.2 | 2,761.4 | 1,866.9 | 1,211.2 | 558.9 | 186.7 | 122.6 | 266.8 | 112.4 | 17.2 | 226.1 | 160.9 | 115.9 | 83.0 | 67.0 | 49.1 | 42.0 | 21.6 | 6.5 | (21.9) | (38.6) |
| Depreciation & Amortization | 16,755.6 | 15,630.4 | 14,554.4 | 14,362.8 | 12,438.8 | 10,922.6 | 9,319.8 | 7,656.5 | 6,330.4 | 4,925.0 | 3,547.0 | 2,781.8 | 2,241.7 | 1,702.1 | 839.6 | 338.7 | 257.5 | 242.8 | 225.0 | 157.1 | 107.0 | 88.2 | 51.0 | 26.5 | 29.8 |
| Stock-Based Compensation | 368.4 | 272.6 | 339.4 | 575.5 | 403.2 | 415.2 | 405.4 | 320.7 | 182.2 | 173.7 | 124.7 | 115.2 | 73.1 | 73.9 | 61.6 | 28.0 | 12.6 | 12.3 | 12.0 | 14.3 | 14.3 | 16.6 | 0 | 9.8 | 0 |
| Change in Working Capital | (456.2) | (33.1) | (116.1) | (758.1) | (242.0) | (31.9) | 43.0 | 293.8 | 59.0 | 192.4 | 172.9 | 137.1 | 119.9 | 26.0 | 110.1 | 227.4 | (45.6) | (24.1) | 30 | 35.1 | 38.1 | 23.5 | 23.1 | 16.0 | 6.9 |
| Other Non-Cash Items | (17,057.7) | (16,629.5) | (12,451.9) | (16,479.3) | (17,523.2) | (11,710.3) | (14,428.0) | (12,077.1) | (8,707.8) | (6,904.8) | (4,658.1) | (3,254.4) | (2,427.2) | (1,766.4) | (904.7) | (477.6) | (21.6) | (21.6) | (41.4) | (24.0) | (3.6) | (2.5) | 9.2 | 19.6 | 6.7 |
| Operating Cash Flow | 10,149.3 | 7,361.4 | 7,274.3 | 2,026.3 | 392.6 | 2,427.1 | (2,887.3) | (2,680.5) | (1,785.9) | (1,474.0) | (749.4) | 16.5 | 97.8 | 22.8 | 317.7 | 276.4 | 325.1 | 284.0 | 291.8 | 247.9 | 163.0 | 147.6 | 89.8 | 40.1 | 4.8 |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditure | (688.2) | (439.5) | (348.6) | (407.7) | (524.6) | (497.9) | (253.0) | (212.5) | (227.0) | (184.8) | (169.2) | (144.5) | (120.1) | (89.7) | (134.8) | (34.3) | (239.2) | (207.7) | (44.8) | (197.4) | (30.6) | (15.0) | (64.5) | (26.8) | (12.1) |
| Acquisitions | (17.2) | 0 | 0 | (757.4) | (788.3) | 0 | 0 | 0 | (53.7) | (77.2) | (78.0) | (74.8) | (65.9) | (48.3) | (85.2) | (111.0) | 11.2 | 12.4 | (223.4) | 0 | (114.4) | (103.0) | 0 | 0 | 0 |
| Purchases of Investments | (170.0) | (1,742.2) | (504.9) | (911.3) | 0 | 0 | 0 | 0 | (74.8) | (187.2) | (371.9) | (426.9) | (550.3) | (477.3) | (223.8) | (107.4) | (228) | (257.0) | (405.3) | 0 | 0 | (0.6) | (1.7) | (43.0) | 0 |
| Sales/Maturities of Investments | 1,917.1 | 0 | 1,395.2 | 757.4 | 0 | 0 | 0 | 0 | 342.9 | 422.7 | 363.8 | 527.2 | 408.4 | 312.3 | 89.1 | 136.7 | 209.9 | 307.3 | 200.8 | 0 | 0 | 45.0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | (757.4) | (26.9) | (7.4) | (134.0) | (126.6) | 47.0 | 76.2 | 76.0 | 76.1 | 71.9 | 57.1 | 88.8 | (0.1) | 0.1 | 12.4 | 21.9 | 11.6 | 6.3 | 5.1 | 1.5 | 2.5 | (0.6) |
| Investing Cash Flow | 1,041.7 | (2,181.8) | 541.8 | (2,076.4) | (1,339.9) | (505.4) | (387.1) | (339.1) | 34.3 | 49.8 | (179.2) | (42.9) | (256.0) | (245.9) | (265.8) | (116.1) | (246.1) | (145.0) | (450.8) | (185.9) | (138.7) | (68.4) | (64.7) | (67.3) | (12.7) |
| Financing Activities | |||||||||||||||||||||||||
| Net Debt Issuance | (1,833.5) | 1,394.5 | 0 | (700) | (500) | 1,009.5 | 4,469.3 | 3,961.9 | 3,020.5 | 1,000 | 1,500 | 400 | 279.5 | (2.6) | 196.0 | (1.8) | 191.7 | (0.8) | 0 | 0 | (0.1) | (0.4) | (1.3) | (17.1) | 8.9 |
| Stock Repurchased | (9,127.2) | (6,263.7) | (6,045.3) | 0 | (600.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (199.7) | (210.3) | (324.3) | (199.9) | (99.9) | 0 | 0 | 0 | 0 | (0.0) | (0.0) |
| Dividends Paid | 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 Financing Activities | (52.0) | (38.0) | (75.4) | 0 | (224.2) | (7.6) | (36.1) | (37.8) | (31.9) | 91.6 | 140.3 | 141.7 | 196.8 | 4.5 | 45.8 | 62.2 | 12.7 | 5.2 | 26.2 | 13.2 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | (10,345.6) | (4,074.4) | (5,950.8) | (664.3) | (1,149.8) | 1,237.3 | 4,505.7 | 4,048.5 | 3,077.0 | 1,091.6 | 1,640.3 | 541.7 | 476.3 | 5.6 | 261.7 | (100.0) | (84.6) | (176.6) | (64.0) | 126.2 | 13.3 | 5.6 | 5.0 | 70.9 | 9.1 |
| Cash Position | |||||||||||||||||||||||||
| Net Change in Cash | 1,231.9 | 688.8 | 1,947.9 | (884.5) | (2,183.8) | 3,195.1 | 1,231.7 | 989.2 | 1,355.2 | (341.8) | 695.7 | 508.6 | 314.7 | (217.8) | 313.6 | 60.3 | (5.7) | (37.6) | (223.0) | 188.2 | 37.8 | 84.6 | 30.1 | 43.7 | 1.2 |
| Cash at Beginning | 7,807.3 | 7,118.5 | 5,170.6 | 6,055.1 | 8,238.9 | 5,043.8 | 3,812.0 | 2,822.8 | 1,467.6 | 1,809.3 | 1,113.6 | 605.0 | 290.3 | 508.1 | 194.5 | 134.2 | 139.9 | 177.4 | 400.4 | 212.3 | 174.5 | 89.9 | 59.8 | 16.1 | 14.9 |
| Cash at End | 9,039.2 | 7,807.3 | 7,118.5 | 5,170.6 | 6,055.1 | 8,238.9 | 5,043.8 | 3,812.0 | 2,822.8 | 1,467.6 | 1,809.3 | 1,113.6 | 605.0 | 290.3 | 508.1 | 194.5 | 134.2 | 139.9 | 177.4 | 400.4 | 212.3 | 174.5 | 89.9 | 59.8 | 16.1 |
| Free Cash Flow | 9,461.1 | 6,921.8 | 6,925.7 | 1,618.5 | (132.0) | 1,929.2 | (3,140.4) | (2,893.0) | (2,013.0) | (1,658.8) | (918.6) | (128.0) | (22.2) | (67.0) | 182.9 | 242.1 | 85.9 | 76.3 | 247.0 | 50.4 | 132.4 | 132.6 | 25.3 | 13.3 | (7.2) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||
| Revenue | 45,183.0 | 39,001.0 | 33,723.3 | 31,615.5 | 29,697.8 | 24,996.1 | 20,156.4 | 15,794.3 | 11,692.7 | 8,830.7 | 6,779.5 | 5,504.7 | 4,374.6 | 3,609.3 | 3,204.6 | 2,162.6 | 1,670.3 | 1,364.7 | 1,205.3 | 996.7 | 682.2 | 506.2 | 272.2 | 152.8 | 75.9 | 35.9 |
| Gross Profit | 21,907.7 | 17,962.5 | 14,007.9 | 12,447.3 | 12,365.2 | 9,719.7 | 7,716.2 | 5,826.8 | 4,033.0 | 2,800.8 | 2,188.0 | 1,751.9 | 1,291.3 | 983.4 | 1,164.7 | 805.3 | 591.0 | 454.4 | 419.2 | 369.7 | 217.7 | 229.8 | 123.9 | 74.7 | 26.0 | 11.0 |
| Operating Income | 13,326.6 | 10,417.6 | 6,954.0 | 5,632.8 | 6,194.5 | 4,585.3 | 2,604.3 | 1,605.2 | 838.7 | 379.8 | 305.8 | 402.6 | 228.3 | 50.0 | 376.1 | 283.6 | 191.9 | 121.5 | 91.2 | 64.4 | 3.0 | 19.4 | 4.5 | (11.7) | (37.2) | (58.5) |
| Net Income | 10,981.2 | 8,711.6 | 5,408.0 | 4,491.9 | 5,116.2 | 2,761.4 | 1,866.9 | 1,211.2 | 558.9 | 186.7 | 122.6 | 266.8 | 112.4 | 17.2 | 226.1 | 160.9 | 115.9 | 83.0 | 67.0 | 49.1 | 42.0 | 21.6 | 6.5 | (21.9) | (38.6) | (58.3) |
| EPS (Diluted) | 2.53 | 1.98 | 1.20 | 1.00 | 1.12 | 0.61 | 0.41 | 0.27 | 0.12 | 0.04 | 0.03 | 0.06 | 0.03 | 0.00 | 0.06 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | -0.01 | -0.04 | -0.15 |
| Balance Sheet | ||||||||||||||||||||||||||
| Cash & Equivalents | 9,033.7 | 7,804.7 | 7,116.9 | 5,147.2 | 6,027.8 | 8,205.5 | 5,018.4 | 3,794.5 | 2,822.8 | 1,467.6 | 1,809.3 | 1,113.6 | 605.0 | 290.3 | 508.1 | 194.5 | 134.2 | 139.9 | 177.4 | 400.4 | 212.3 | 174.5 | 89.9 | 59.8 | 16.1 | 14.9 |
| Total Assets | 55,597.0 | 53,630.4 | 48,732.0 | 48,594.8 | 44,584.7 | 39,280.4 | 33,975.7 | 25,974.4 | 19,012.7 | 13,586.6 | 10,202.9 | 7,042.5 | 5,412.6 | 3,967.9 | 3,069.2 | 982.1 | 679.7 | 615.4 | 683.5 | 608.8 | 364.7 | 251.8 | 176.0 | 130.5 | 41.6 | 52.5 |
| Total Debt | 14,462.8 | 17,995.0 | 16,973.4 | 14,353.1 | 18,116.6 | 18,510.8 | 16,372.5 | 10,360.1 | 6,499.4 | 3,364.3 | 2,371.4 | 885.8 | 500 | 400 | 402.3 | 236.2 | 238.0 | 40.3 | 36.5 | 0 | 0 | 0.1 | 0.5 | 1.7 | 6.9 | 2.0 |
| Stockholders' Equity | 26,615.5 | 24,743.6 | 20,588.3 | 20,777.4 | 15,849.2 | 11,065.2 | 7,582.2 | 5,238.8 | 3,582.0 | 2,679.8 | 2,223.4 | 1,857.7 | 1,333.6 | 744.7 | 642.8 | 290.2 | 199.1 | 347.2 | 429.8 | 414.2 | 226.3 | 156.3 | 112.7 | 89.4 | (90.5) | (73.3) |
| Cash Flow | ||||||||||||||||||||||||||
| Operating Cash Flow | 10,149.3 | 7,361.4 | 7,274.3 | 2,026.3 | 392.6 | 2,427.1 | (2,887.3) | (2,680.5) | (1,785.9) | (1,474.0) | (749.4) | 16.5 | 97.8 | 22.8 | 317.7 | 276.4 | 325.1 | 284.0 | 291.8 | 247.9 | 163.0 | 147.6 | 89.8 | 40.1 | 4.8 | |
| Capital Expenditure | (688.2) | (439.5) | (348.6) | (407.7) | (524.6) | (497.9) | (253.0) | (212.5) | (227.0) | (184.8) | (169.2) | (144.5) | (120.1) | (89.7) | (134.8) | (34.3) | (239.2) | (207.7) | (44.8) | (197.4) | (30.6) | (15.0) | (64.5) | (26.8) | (12.1) | |
| Free Cash Flow | 9,461.1 | 6,921.8 | 6,925.7 | 1,618.5 | (132.0) | 1,929.2 | (3,140.4) | (2,893.0) | (2,013.0) | (1,658.8) | (918.6) | (128.0) | (22.2) | (67.0) | 182.9 | 242.1 | 85.9 | 76.3 | 247.0 | 50.4 | 132.4 | 132.6 | 25.3 | 13.3 | (7.2) | |