NTAP - NetApp, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$180.00
DETAILS
HIGH:
$200.00
LOW:
$150.00
MEDIAN:
$185.00
CONSENSUS:
$180.00
UPSIDE:
8.59%
| Metric | 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||
| Revenue | 6,925 | 6,572 | 6,268 | 6,362 | 6,318 | 5,744 | 5,412 | 6,146 | 5,911 | 5,519 | 5,546 | 6,122.7 | 6,325.1 | 6,332.4 | 6,233.2 | 5,122.6 | 3,931.4 | 3,406.4 | 3,303.2 | 2,804.3 | 2,066.5 | 1,598.1 | 1,170.3 | 892.1 | 798.4 | 1,006.2 | 579.3 | 289.4 | 166.2 | 93.3 | 46.6 |
| Cost of Revenue | 2,026 | 1,959 | 1,835 | 2,153 | 2,098 | 1,929 | 1,789 | 2,201 | 2,212 | 2,129 | 2,173 | 2,289.5 | 2,406 | 2,571.3 | 2,519.8 | 1,793.9 | 1,412.2 | 1,416.5 | 1,289.8 | 1,099.8 | 810.0 | 623.1 | 465.8 | 345.6 | 317.8 | 401.7 | 235.8 | 118.1 | 67.5 | 38.1 | 20.6 |
| Gross Profit | 4,899 | 4,613 | 4,433 | 4,209 | 4,220 | 3,815 | 3,623 | 3,945 | 3,699 | 3,390 | 3,373 | 3,833.2 | 3,919.1 | 3,761.1 | 3,713.4 | 3,328.7 | 2,519.2 | 1,989.9 | 2,013.4 | 1,704.5 | 1,256.5 | 975.0 | 704.5 | 546.4 | 480.5 | 604.5 | 343.5 | 171.3 | 98.6 | 55.3 | 26.1 |
| Operating Expenses | |||||||||||||||||||||||||||||||
| R&D Expenses | 991 | 1,012 | 1,029 | 956 | 881 | 881 | 847 | 827 | 783 | 779 | 861 | 919.3 | 917.3 | 904.2 | 828.2 | 648.6 | 535.7 | 498.5 | 452.2 | 385.4 | 243.0 | 171.0 | 131.9 | 112.9 | 116.7 | 120.9 | 62.1 | 30.5 | 16.6 | 9.0 | 4.8 |
| SG&A Expenses | 2,213 | 2,176 | 2,136 | 2,094 | 2,136 | 2,001 | 1,848 | 1,935 | 2,009 | 1,904 | 2,099 | 2,197.4 | 2,179.2 | 2,247.4 | 2,128.9 | 1,848.3 | 1,532.5 | 1,389.8 | 1,247.1 | 1,043.3 | 700.3 | 551.1 | 407.9 | 344.7 | 331.7 | 335.5 | 176.0 | 85.7 | 49.3 | 28.4 | 15.3 |
| Other Expenses | 24 | 88 | 54 | 141 | 46 | (98) | (17) | (38) | 0 | 8 | (3) | (3.7) | 7.6 | 8.3 | 2.4 | 5.8 | 0 | 0 | 0 | (25.3) | 0 | 0 | 0.0 | 0 | 20.9 | 11.7 | 0 | 0 | 0 | 4.3 | 0 |
| Operating Expenses | 3,228 | 3,276 | 3,219 | 3,191 | 3,063 | 2,784 | 2,678 | 2,724 | 2,792 | 2,683 | 2,960 | 3,116.7 | 3,096.5 | 3,151.6 | 2,957.1 | 2,496.9 | 2,068.2 | 1,888.3 | 1,699.3 | 1,403.3 | 943.3 | 722.1 | 539.8 | 457.6 | 469.4 | 468.1 | 238.1 | 116.2 | 66.0 | 41.7 | 20.1 |
| Operating Income | |||||||||||||||||||||||||||||||
| Operating Income | 1,695 | 1,337 | 1,214 | 1,018 | 1,157 | 1,031 | 945 | 1,221 | 1,125 | 665 | 348 | 716.5 | 734.3 | 607.8 | 746.5 | 824.3 | 488.4 | 47.2 | 313.6 | 301.2 | 308.3 | 253.2 | 158.5 | 87.6 | (1.1) | 109.7 | 105.4 | 55.1 | 32.7 | 3.1 | 6 |
| Interest Expense | 81 | 64 | 64 | 67 | 73 | 74 | 55 | 58 | 62 | 52 | 49 | 42 | 36 | 91.7 | 74.7 | 75.9 | 74.1 | 26.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 88 | 112 | 112 | 69 | 7 | 9 | 48 | 88 | 79 | 44 | 46 | 37 | 35 | 42.2 | 38.2 | 39.9 | 31.2 | 57.6 | 0 | 0 | 0 | 24.2 | 13.7 | 12.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||
| EBITDA | 1,929 | 1,690 | 1,582 | 1,434 | 1,364 | 1,295 | 1,243 | 1,523 | 1,459 | 943 | 662 | 1,023.7 | 1,110.9 | 1,002.9 | 1,080.2 | 1,035.6 | 687.1 | 242.2 | 534.9 | 482.2 | 395.0 | 341.9 | 224.2 | 146.3 | 76.5 | 178.6 | 119.7 | 62.6 | 38.2 | 16.5 | 7.4 |
| EBIT | 1,729 | 1,447 | 1,327 | 1,133 | 1,168 | 1,036 | 999 | 1,326 | 1,261 | 673 | 394 | 716 | 776.8 | 658.3 | 787.1 | 870 | 521.1 | 71.7 | 314.0 | 301.2 | 313.2 | 252.9 | 164.7 | 88.9 | 11.2 | 136.3 | 105.4 | 55.1 | 32.7 | 13.6 | 6 |
| Income Before Tax | 1,648 | 1,383 | 1,263 | 1,066 | 1,095 | 962 | 944 | 1,268 | 1,166 | 665 | 345 | 712.8 | 740.7 | 566.6 | 712.4 | 794.1 | 447 | 44.8 | 382.7 | 359.7 | 350.3 | 276.2 | 170.5 | 97.8 | 2.5 | 133.0 | 114.4 | 57.0 | 33.5 | 4.0 | 6.7 |
| Income Tax Expense | 372 | 197 | 277 | (208) | 158 | 232 | 125 | 99 | 1,090 | 156 | 116 | 152.9 | 103.2 | 61.3 | 107 | 121 | 46.6 | (41.7) | 73.0 | 62.0 | 83.8 | 50.5 | 18.4 | 21.3 | (0.5) | 58.1 | 40.6 | 21.4 | 12.6 | 3.8 | (0.6) |
| Net Income | 1,276 | 1,186 | 986 | 1,274 | 937 | 730 | 819 | 1,169 | 76 | 509 | 229 | 559.9 | 637.5 | 505.3 | 605.4 | 673.1 | 400.4 | 86.5 | 309.7 | 297.7 | 266.5 | 225.8 | 152.1 | 76.5 | 3.0 | 74.9 | 73.8 | 35.6 | 21.0 | 0.2 | 6.6 |
| Per Share Data | |||||||||||||||||||||||||||||||
| EPS (Basic) | 6.43 | 5.81 | 4.74 | 5.87 | 4.20 | 3.29 | 3.56 | 4.60 | 0.28 | 1.85 | 0.78 | 1.77 | 1.87 | 1.40 | 1.66 | 1.87 | 1.18 | 0.20 | 0.88 | 0.80 | 0.72 | 0.63 | 0.44 | 0.23 | 0.01 | 0.23 | 0.25 | 0.13 | 0.08 | 0.00 | 0.05 |
| EPS (Diluted) | 6.36 | 5.67 | 4.63 | 5.79 | 4.09 | 3.23 | 3.52 | 4.51 | 0.28 | 1.81 | 0.77 | 1.75 | 1.83 | 1.37 | 1.58 | 1.71 | 1.13 | 0.19 | 0.86 | 0.77 | 0.69 | 0.59 | 0.42 | 0.22 | 0.01 | 0.21 | 0.21 | 0.11 | 0.07 | 0.00 | 0.03 |
| Shares Outstanding | 197 | 204 | 208 | 217 | 223 | 222 | 230 | 254 | 268 | 275 | 294 | 315.5 | 340.3 | 361.5 | 363.9 | 360.9 | 339.6 | 330.3 | 351.7 | 371.2 | 371.1 | 358.3 | 345.7 | 337.6 | 331.6 | 320.4 | 299.4 | 273.7 | 259.7 | 243.9 | 144.0 |
| Metric | 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 2,070 | 2,742 | 1,903 | 2,316 | 4,112 | 4,529 | 2,658 | 2,325 | 2,941 | 2,444 | 2,868 | 1,922 | 2,291 | 3,277.1 | 1,549.8 | 2,757.3 | 1,705 | 1,494.2 | 936.5 | 489.1 | 461.3 | 193.5 | 241.1 | 284.2 | 210.8 | 271.9 | 279.0 | 221.3 | 37.3 | 21.5 | 24.6 |
| Short-Term Investments | 1,514 | 1,104 | 1,349 | 754 | 22 | 67 | 224 | 1,574 | 2,450 | 2,477 | 2,435 | 3,404 | 2,712.3 | 3,675.5 | 3,848.7 | 2,417.4 | 2,019 | 1,110.1 | 227.9 | 819.7 | 861.6 | 976.4 | 566.8 | 334.7 | 243.4 | 92.1 | 74.5 | 5.8 | 10.8 | 6.9 | 3.0 |
| Net Receivables | 1,286 | 1,246 | 1,007 | 987 | 1,230 | 945 | 973 | 1,216 | 1,047 | 731 | 813 | 778.9 | 855.9 | 800.9 | 830.9 | 742.6 | 471.5 | 446.5 | 582.1 | 591.3 | 415.3 | 296.9 | 193.9 | 151.6 | 146.5 | 187.0 | 108.9 | 57.2 | 34.3 | 13.9 | 5.3 |
| Inventory | 198 | 186 | 186 | 167 | 204 | 114 | 145 | 131 | 126 | 163 | 98 | 146.5 | 122.4 | 139.5 | 161.5 | 108.5 | 112.9 | 61.1 | 70.2 | 54.9 | 64.5 | 39.0 | 34.1 | 31.6 | 23.8 | 22.5 | 20.4 | 13.6 | 8.7 | 9.9 | 4.8 |
| Other Current Assets | 708 | 573 | 452 | 456 | 377 | 346 | 274 | 364 | 392 | 383 | 0 | 254 | 489.7 | 253.7 | 210.2 | 151 | 228.7 | 207.1 | 130.2 | 229.1 | 187.0 | 37.6 | 24.2 | 27.4 | 32.5 | 36.3 | 22.2 | 10.1 | 5.3 | 3.1 | 2.1 |
| Total Current Assets | 5,776 | 5,851 | 4,897 | 4,680 | 5,945 | 6,001 | 4,274 | 5,610 | 6,856 | 6,198 | 6,448 | 6,773.4 | 6,471.3 | 8,418.2 | 6,826.5 | 6,394.3 | 4,537.1 | 3,438.8 | 2,067.4 | 2,240.8 | 2,033.2 | 1,575.9 | 1,089.2 | 853.5 | 679.1 | 635.5 | 533 | 315.3 | 98.9 | 56.6 | 40.4 |
| Non-Current Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 820 | 804 | 851 | 931 | 896 | 639 | 864 | 759 | 756 | 799 | 937 | 1,030 | 1,108.8 | 1,170.9 | 1,137.2 | 911.6 | 804.4 | 807.9 | 693.8 | 603.5 | 513.2 | 418.7 | 370.7 | 362.9 | 345.2 | 103.2 | 47.9 | 19.3 | 12.2 | 9.2 | 4.8 |
| Goodwill | 2,772 | 2,723 | 2,759 | 2,759 | 2,346 | 2,039 | 1,778 | 1,735 | 1,739 | 1,684 | 1,676 | 1,027.4 | 988.1 | 988.1 | 905.2 | 760.3 | 681 | 681.0 | 680.1 | 601.1 | 487.5 | 291.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 22 | 43 | 124 | 181 | 142 | 101 | 44 | 47 | 94 | 131 | 180 | 89.5 | 121.5 | 180.6 | 236 | 53 | 25.1 | 45.7 | 90.1 | 83.0 | 75.1 | 21.4 | 323.5 | 51.2 | 58.6 | 79.5 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 98 | 92 | 85 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36 | 42 | 51 | 65.1 | 72.8 | 127.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 397 | 316 | 275 | 319 | 335 | 361 | 342 | 389 | 221 | 156 | 175 | 225 | 243.1 | 242.2 | 172.6 | 130.4 | 399.1 | 0 | 331.1 | 3.6 | 152.0 | 64.7 | 93.8 | 51.7 | 25.9 | 218.0 | 10.9 | 11.7 | 4.6 | 3.1 | 0.2 |
| Total Non-Current Assets | 4,968 | 4,972 | 4,990 | 5,138 | 4,081 | 3,359 | 3,248 | 3,131 | 3,039 | 3,295 | 3,589 | 2,628 | 2,742.5 | 2,824.2 | 2,705.8 | 2,133.6 | 1,957.3 | 2,034.0 | 2,003.6 | 1,417.7 | 1,227.8 | 796.8 | 788.0 | 465.7 | 429.7 | 400.7 | 59.2 | 31.0 | 16.8 | 12.3 | 5.0 |
| Total Assets | 10,744 | 10,823 | 9,887 | 9,818 | 10,026 | 9,360 | 7,522 | 8,741 | 9,865 | 9,493 | 10,037 | 9,401.2 | 9,219.2 | 11,242.4 | 9,532.3 | 8,498.8 | 6,494.4 | 5,472.8 | 4,071.0 | 3,658.5 | 3,261.0 | 2,372.6 | 1,877.3 | 1,319.2 | 1,108.8 | 1,036.3 | 592.2 | 346.3 | 115.7 | 68.9 | 45.4 |
| Current Liabilities | |||||||||||||||||||||||||||||||
| Account Payables | 550 | 511 | 517 | 392 | 607 | 420 | 426 | 542 | 609 | 347 | 254 | 283.4 | 247 | 259.7 | 233.1 | 232.8 | 184.6 | 137.8 | 178.2 | 144.1 | 101.3 | 83.6 | 52.7 | 39.6 | 40.2 | 64.9 | 34.1 | 15.1 | 10.0 | 4.4 | 2.1 |
| Short-Term Debt | 0 | 750 | 400 | 0 | 250 | 0 | 522 | 649 | 385 | 1,249 | 849 | 0 | 0 | 1,257.8 | 1,202.3 | 1,150.4 | 0 | 0 | 0 | 85.1 | 166.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 |
| Deferred Revenue | 2,320 | 2,279 | 2,176 | 2,218 | 2,171 | 2,062 | 1,894 | 1,825 | 1,804 | 1,661 | 1,794 | 1,724.2 | 1,653.8 | 1,563.3 | 1,366.5 | 1,226.6 | 1,135.1 | 1,013.6 | 872.4 | 630.6 | 399.4 | 262.0 | 166.6 | 110.7 | 76.1 | 58.3 | 23.2 | 11.5 | 4.8 | 2.3 | 0.4 |
| Other Current Liabilities | 1,080 | 1,082 | 973 | 810 | 878 | 900 | 697 | 826 | 800 | 619 | 698 | 643 | 720.8 | 749.8 | 717.9 | 763 | 212.2 | 128.7 | 6.2 | 53.4 | 51.6 | 20.8 | 16.0 | 30.3 | 17.1 | 21.8 | 0.5 | 0 | 1.8 | 1.0 | 0.5 |
| Total Current Liabilities | 4,021 | 4,662 | 4,106 | 3,467 | 3,953 | 3,452 | 3,616 | 3,867 | 3,623 | 4,039 | 3,662 | 2,709 | 2,694.6 | 3,830.6 | 3,519.8 | 3,372.8 | 1,911 | 1,679.3 | 1,414.1 | 1,187.5 | 917.2 | 520.2 | 344.2 | 265.0 | 215.6 | 218.8 | 113.4 | 50.5 | 29.3 | 14.7 | 6.1 |
| Non-Current Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | 2,487 | 2,485 | 1,992 | 2,389 | 2,386 | 2,632 | 1,146 | 1,144 | 1,541 | 744 | 1,490 | 1,487.5 | 995.5 | 994.6 | 0 | 0 | 1,101.5 | 1,265 | 172.6 | 0 | 133.8 | 4.5 | 4.9 | 3.1 | 3.7 | 0.1 | 0.1 | 0.1 | 0.2 | 0.0 | 0.0 |
| Deferred Tax Liabilities | 0 | 45 | 153 | 144 | 131 | 127 | 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 | 156 | 118 | 212 | 316 | 400 | 452 | 621 | 797 | 992 | 249 | 413 | 318 | 296.2 | 253.5 | 206.9 | 192.9 | 171.9 | 164.5 | 783.9 | 481.9 | 286.6 | 187.2 | 112.3 | 66.8 | 31.0 | 12.9 | 0.3 | 0 | 0 | 0 | 0.3 |
| Total Non-Current Liabilities | 5,372 | 5,121 | 4,635 | 5,192 | 5,235 | 5,223 | 3,664 | 3,784 | 4,175 | 2,674 | 3,494 | 3,278.1 | 2,738.1 | 2,694.3 | 1,656.3 | 1,281.2 | 2,052.9 | 2,131.1 | 956.5 | 481.9 | 420.3 | 191.7 | 117.2 | 66.8 | 34.8 | 13.0 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 |
| Total Liabilities | 9,393 | 9,783 | 8,741 | 8,659 | 9,188 | 8,675 | 7,280 | 7,651 | 7,798 | 6,713 | 7,156 | 5,987.1 | 5,432.7 | 6,524.9 | 5,176.1 | 4,654 | 3,963.9 | 3,810.5 | 2,370.6 | 1,669.5 | 1,337.5 | 711.8 | 461.4 | 331.8 | 250.3 | 231.8 | 113.5 | 50.6 | 29.5 | 14.9 | 6.4 |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Common Stock | 1,209 | 1,106 | 997 | 945 | 760 | 504 | 284 | 1,133 | 2,355 | 2,769 | 2,912 | 3,385 | 0.3 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 616.6 | 352.7 | 240.1 | 66.4 | 54.7 | 40.3 |
| Retained Earnings | 153 | 0 | 208 | 265 | 122 | 211 | 0 | 0 | (218) | 40 | 0 | 53.2 | 1.1 | 2,896.8 | 2,805.3 | 2,674 | 2,000.9 | 1,622.4 | 1,535.9 | 1,226.2 | 928.4 | 662.0 | 436.2 | 284.1 | 207.7 | 204.6 | 129.7 | 56.0 | 20.3 | (0.6) | (0.9) |
| Accumulated Other Comprehensive Income | (11) | (66) | (59) | (51) | (44) | (30) | (42) | (43) | (70) | (29) | (31) | (23.7) | 9.1 | 8.7 | 4.9 | 12.8 | 2.8 | (5.2) | 0.8 | 5.5 | (60.4) | (19.8) | (22.7) | (1.5) | (6.1) | (16.8) | (3.7) | (1.0) | (0.5) | (0.1) | (0.4) |
| Total Stockholders' Equity | 1,351 | 1,040 | 1,146 | 1,159 | 838 | 685 | 242 | 1,090 | 2,067 | 2,780 | 2,881 | 3,414.1 | 3,786.5 | 4,717.5 | 4,356.2 | 3,844.8 | 2,530.5 | 1,662.3 | 1,700.3 | 1,989.0 | 1,923.5 | 1,660.8 | 1,415.8 | 987.4 | 858.5 | 804.4 | 478.7 | 295.7 | 86.3 | 54.0 | 39.0 |
| Total Liabilities & Equity | 10,744 | 10,823 | 9,887 | 9,818 | 10,026 | 9,360 | 7,522 | 8,741 | 9,865 | 9,493 | 10,037 | 9,401.2 | 9,219.2 | 11,242.4 | 9,532.3 | 8,498.8 | 6,494.4 | 5,472.8 | 4,071.0 | 3,658.5 | 3,261.0 | 2,372.6 | 1,877.3 | 1,319.2 | 1,108.8 | 1,036.3 | 592.2 | 346.3 | 115.7 | 68.9 | 45.4 |
| Debt Metrics | |||||||||||||||||||||||||||||||
| Total Debt | 2,733 | 3,491 | 2,652 | 2,684 | 2,940 | 2,752 | 1,812 | 1,793 | 1,926 | 2,123 | 2,358 | 1,487 | 990.1 | 2,252.4 | 1,202.3 | 1,150.4 | 1,101.5 | 1,265 | 172.6 | 85.1 | 300.0 | 4.5 | 4.9 | 0 | 3.7 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 |
| Net Debt | 663 | 749 | 749 | 368 | (1,172) | (1,777) | (846) | (532) | (1,015) | (321) | (510) | (435) | (1,300.9) | (1,024.7) | (347.5) | (1,606.9) | (603.5) | (229.2) | (763.9) | (404.0) | (161.3) | (189.1) | (236.3) | (284.2) | (207.0) | (271.8) | (279.0) | (221.2) | (37.1) | (21.3) | (24.6) |
| Metric | 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||
| Net Income | 1,276 | 1,186 | 986 | 1,274 | 937 | 730 | 819 | 1,169 | 76 | 509 | 229 | 559.9 | 637.5 | 505.3 | 605.4 | 673.1 | 400.4 | 86.5 | 309.7 | 297.7 | 266.5 | 225.8 | 152.1 | 76.5 | 3.0 | 74.9 | 73.8 | 35.6 | 21.0 | 0.2 | 6.6 |
| Depreciation & Amortization | 152 | 243 | 255 | 248 | 194 | 207 | 193 | 197 | 198 | 226 | 279 | 307.2 | 334.1 | 344.6 | 293.1 | 165.6 | 166 | 170.5 | 144.2 | 110.8 | 81.8 | 65.6 | 59.5 | 57.4 | 65.3 | 42.3 | 15.7 | 8.1 | 5.5 | 2.9 | 1.4 |
| Stock-Based Compensation | 382 | 386 | 357 | 312 | 245 | 197 | 153 | 158 | 161 | 195 | 260 | 259.3 | 273 | 276.6 | 257.6 | 175.2 | 159.8 | 140.8 | 148.0 | 163.0 | 13.3 | 8.1 | 3.9 | 3.6 | 7.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (23) | (250) | 2 | (106) | (22) | 285 | (102) | (109) | 1,011 | (18) | 300 | 165 | 206.2 | 278.5 | 330.6 | 290 | 209.1 | 534.8 | 463.3 | 396.6 | 184.2 | 152.9 | 112.6 | 76.2 | 49.4 | 93.3 | 37.2 | 4.8 | (2.5) | (4.5) | (2.6) |
| Other Non-Cash Items | 174 | 41 | 32 | (15) | 1 | (80) | 14 | (71) | (245) | (16) | 19 | (20.6) | (25.2) | 57.9 | (131.6) | (86.1) | 51 | 64.9 | (3.2) | (84.2) | 7.0 | 3.3 | 4.3 | (0.1) | 23.5 | 43.4 | 3.0 | 2.5 | 0.4 | 10.4 | 0.2 |
| Operating Cash Flow | 2,067 | 1,506 | 1,685 | 1,107 | 1,211 | 1,333 | 1,060 | 1,341 | 1,478 | 986 | 974 | 1,268.1 | 1,349.6 | 1,386.3 | 1,462.6 | 1,346.3 | 975 | 889.2 | 1,008.9 | 864.5 | 554.3 | 462.1 | 310.9 | 195.2 | 143.9 | 218.4 | 118.1 | 45.9 | 22.7 | 6.3 | 3.5 |
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital Expenditure | (198) | (168) | (155) | (239) | (226) | (162) | (124) | (173) | (145) | (175) | (160) | (175.3) | (221.4) | (303.3) | (407.1) | (222.7) | (135.6) | (289.7) | (188.3) | (165.8) | (132.9) | (93.6) | (48.6) | (61.3) | (284.2) | (83.7) | (40.8) | (15.5) | (8.0) | (7.1) | (4.3) |
| Acquisitions | 0 | 0 | 0 | (491) | (380) | (350) | (73) | (3) | (75) | (8) | (842) | (84.6) | 0 | (106.5) | (480) | (136.5) | (1,772.3) | 0 | (99.4) | (131.2) | (53.7) | 0 | (6.8) | 0 | 0 | (7.2) | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (2,393) | (1,782) | (2,635) | (1,269) | (18) | (5) | (13) | (41) | (1,389) | (1,977) | (1,589) | (2,596.8) | (1,018.5) | (2,287.7) | (3,572.4) | (418.5) | (860.3) | (1,750.8) | (1,057.7) | (2,631.9) | (1,029.4) | (872.7) | (590.6) | (361.7) | (362.9) | (172.9) | (106.5) | (18.7) | (15.1) | (17.8) | (3.0) |
| Sales/Maturities of Investments | 1,981 | 2,027 | 2,055 | 550 | 45 | 160 | 1,383 | 917 | 1,379 | 1,934 | 2,571 | 1,952 | 1,993.5 | 2,464.7 | 2,147.5 | 1,772.4 | 1,772.3 | 1,036.8 | 1,449.1 | 2,821.0 | 901.0 | 605.8 | 355.7 | 271.9 | 211.9 | 151.6 | 30.6 | 23.7 | 11.2 | 13.8 | 0 |
| Other Investing Activities | 15 | 70 | 0 | 59 | 18 | 378 | 96 | 4 | 209 | 6 | 105 | 1.5 | 6.8 | 4.2 | 1.6 | (1,771.9) | 8.2 | 0.3 | (0.8) | 24.2 | (10.9) | 9.1 | (8.9) | 0 | 0 | 0 | 2.5 | (7) | (2) | 0.0 | 0 |
| Investing Cash Flow | (595) | 147 | (735) | (1,390) | (561) | 21 | 1,269 | 704 | (21) | (220) | 85 | (903.2) | 760.4 | (228.6) | (2,310.4) | (777.2) | (987.7) | (1,003.3) | 102.9 | (83.8) | (326.0) | (351.3) | (299.3) | (151.1) | (435.3) | (112.2) | (114.2) | (17.5) | (13.9) | (11.0) | (7.3) |
| Financing Activities | |||||||||||||||||||||||||||||||
| Net Debt Issuance | (750) | 840 | 0 | (250) | 0 | 948 | (127) | (136) | (70) | (351) | 998 | 495 | (1,264.9) | 987.3 | 0 | 0 | 14.2 | 1,065.8 | 87.2 | (214.9) | 300 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | (0.0) | (0.0) |
| Stock Repurchased | (950) | (1,150) | (900) | (850) | (600) | (125) | (1,411) | (2,111) | (794) | (705) | (960) | (1,165.2) | (1,881.5) | (590) | (600) | 0 | 0 | (400.0) | (903.7) | (805.7) | (488.9) | (192.9) | (136.2) | 0 | 0 | 0 | 0 | 0 | (0.0) | (0.1) | 0 |
| Dividends Paid | (413) | (424) | (416) | (432) | (446) | (427) | (439) | (403) | (214) | (208) | (210) | (207.4) | (202.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (83) | (202) | (28) | (89) | 29 | 90 | (85) | (102) | (81) | (7) | (7) | 45.8 | 43.3 | 181.6 | 114.3 | 126.7 | 8.6 | (55.1) | 39.4 | 57.9 | (1.1) | (1.1) | 0 | 0 | 193.7 | (193.7) | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | (2,147) | (828) | (1,344) | (1,513) | (1,017) | 444 | (1,960) | (2,631) | (986) | (1,179) | (109) | (675.2) | (3,104) | 578.9 | (343.6) | 450.9 | 219.9 | 696.6 | (662.4) | (747.3) | 42.8 | (12.1) | (54.6) | 29.2 | 230.2 | (113.2) | 53.8 | 155.5 | 6.9 | 1.7 | 26.6 |
| Cash Position | |||||||||||||||||||||||||||||||
| Net Change in Cash | (673) | 840 | (413) | (1,797) | (416) | 1,869 | 335 | (616) | 497 | (424) | 946 | (369.5) | (986.1) | 1,727.3 | (1,207.5) | 1,052.3 | 210.8 | 557.7 | 447.4 | 27.8 | 267.7 | 101.2 | (43.0) | 73.4 | (61.2) | (7.1) | 57.7 | 184.0 | 15.8 | (3.1) | 22.8 |
| Cash at Beginning | 2,749 | 1,909 | 2,316 | 4,119 | 4,535 | 2,666 | 2,331 | 2,947 | 2,444 | 2,868 | 1,922 | 2,291 | 3,277.1 | 1,549.8 | 2,757.3 | 1,705 | 1,494.2 | 936.5 | 489.1 | 461.3 | 193.5 | 92.3 | 284.2 | 210.8 | 271.9 | 279.0 | 221.3 | 37.3 | 21.5 | 24.6 | 1.8 |
| Cash at End | 2,075 | 2,749 | 1,903 | 2,322 | 4,119 | 4,535 | 2,666 | 2,331 | 2,941 | 2,444 | 2,868 | 1,921.5 | 2,291 | 3,277.1 | 1,549.8 | 2,757.3 | 1,705 | 1,494.2 | 936.5 | 489.1 | 461.3 | 193.5 | 241.1 | 284.2 | 210.8 | 271.9 | 279.0 | 221.3 | 37.3 | 21.5 | 24.6 |
| Free Cash Flow | 1,869 | 1,338 | 1,530 | 868 | 985 | 1,171 | 936 | 1,168 | 1,333 | 811 | 814 | 1,092.8 | 1,128.2 | 1,083 | 1,055.5 | 1,123.6 | 839.4 | 599.6 | 820.6 | 698.6 | 421.4 | 368.6 | 262.3 | 134.0 | (140.3) | 134.7 | 77.3 | 30.5 | 14.8 | (0.9) | (0.8) |
| Key Metrics | 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||
| Revenue | 6,925 | 6,572 | 6,268 | 6,362 | 6,318 | 5,744 | 5,412 | 6,146 | 5,911 | 5,519 | 5,546 | 6,122.7 | 6,325.1 | 6,332.4 | 6,233.2 | 5,122.6 | 3,931.4 | 3,406.4 | 3,303.2 | 2,804.3 | 2,066.5 | 1,598.1 | 1,170.3 | 892.1 | 798.4 | 1,006.2 | 579.3 | 289.4 | 166.2 | 93.3 | 46.6 |
| Gross Profit | 4,899 | 4,613 | 4,433 | 4,209 | 4,220 | 3,815 | 3,623 | 3,945 | 3,699 | 3,390 | 3,373 | 3,833.2 | 3,919.1 | 3,761.1 | 3,713.4 | 3,328.7 | 2,519.2 | 1,989.9 | 2,013.4 | 1,704.5 | 1,256.5 | 975.0 | 704.5 | 546.4 | 480.5 | 604.5 | 343.5 | 171.3 | 98.6 | 55.3 | 26.1 |
| Operating Income | 1,695 | 1,337 | 1,214 | 1,018 | 1,157 | 1,031 | 945 | 1,221 | 1,125 | 665 | 348 | 716.5 | 734.3 | 607.8 | 746.5 | 824.3 | 488.4 | 47.2 | 313.6 | 301.2 | 308.3 | 253.2 | 158.5 | 87.6 | (1.1) | 109.7 | 105.4 | 55.1 | 32.7 | 3.1 | 6 |
| Net Income | 1,276 | 1,186 | 986 | 1,274 | 937 | 730 | 819 | 1,169 | 76 | 509 | 229 | 559.9 | 637.5 | 505.3 | 605.4 | 673.1 | 400.4 | 86.5 | 309.7 | 297.7 | 266.5 | 225.8 | 152.1 | 76.5 | 3.0 | 74.9 | 73.8 | 35.6 | 21.0 | 0.2 | 6.6 |
| EPS (Diluted) | 6.36 | 5.67 | 4.63 | 5.79 | 4.09 | 3.23 | 3.52 | 4.51 | 0.28 | 1.81 | 0.77 | 1.75 | 1.83 | 1.37 | 1.58 | 1.71 | 1.13 | 0.19 | 0.86 | 0.77 | 0.69 | 0.59 | 0.42 | 0.22 | 0.01 | 0.21 | 0.21 | 0.11 | 0.07 | 0.00 | 0.03 |
| Balance Sheet | |||||||||||||||||||||||||||||||
| Cash & Equivalents | 2,070 | 2,742 | 1,903 | 2,316 | 4,112 | 4,529 | 2,658 | 2,325 | 2,941 | 2,444 | 2,868 | 1,922 | 2,291 | 3,277.1 | 1,549.8 | 2,757.3 | 1,705 | 1,494.2 | 936.5 | 489.1 | 461.3 | 193.5 | 241.1 | 284.2 | 210.8 | 271.9 | 279.0 | 221.3 | 37.3 | 21.5 | 24.6 |
| Total Assets | 10,744 | 10,823 | 9,887 | 9,818 | 10,026 | 9,360 | 7,522 | 8,741 | 9,865 | 9,493 | 10,037 | 9,401.2 | 9,219.2 | 11,242.4 | 9,532.3 | 8,498.8 | 6,494.4 | 5,472.8 | 4,071.0 | 3,658.5 | 3,261.0 | 2,372.6 | 1,877.3 | 1,319.2 | 1,108.8 | 1,036.3 | 592.2 | 346.3 | 115.7 | 68.9 | 45.4 |
| Total Debt | 2,733 | 3,491 | 2,652 | 2,684 | 2,940 | 2,752 | 1,812 | 1,793 | 1,926 | 2,123 | 2,358 | 1,487 | 990.1 | 2,252.4 | 1,202.3 | 1,150.4 | 1,101.5 | 1,265 | 172.6 | 85.1 | 300.0 | 4.5 | 4.9 | 0 | 3.7 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 |
| Stockholders' Equity | 1,351 | 1,040 | 1,146 | 1,159 | 838 | 685 | 242 | 1,090 | 2,067 | 2,780 | 2,881 | 3,414.1 | 3,786.5 | 4,717.5 | 4,356.2 | 3,844.8 | 2,530.5 | 1,662.3 | 1,700.3 | 1,989.0 | 1,923.5 | 1,660.8 | 1,415.8 | 987.4 | 858.5 | 804.4 | 478.7 | 295.7 | 86.3 | 54.0 | 39.0 |
| Cash Flow | |||||||||||||||||||||||||||||||
| Operating Cash Flow | 2,067 | 1,506 | 1,685 | 1,107 | 1,211 | 1,333 | 1,060 | 1,341 | 1,478 | 986 | 974 | 1,268.1 | 1,349.6 | 1,386.3 | 1,462.6 | 1,346.3 | 975 | 889.2 | 1,008.9 | 864.5 | 554.3 | 462.1 | 310.9 | 195.2 | 143.9 | 218.4 | 118.1 | 45.9 | 22.7 | 6.3 | 3.5 |
| Capital Expenditure | (198) | (168) | (155) | (239) | (226) | (162) | (124) | (173) | (145) | (175) | (160) | (175.3) | (221.4) | (303.3) | (407.1) | (222.7) | (135.6) | (289.7) | (188.3) | (165.8) | (132.9) | (93.6) | (48.6) | (61.3) | (284.2) | (83.7) | (40.8) | (15.5) | (8.0) | (7.1) | (4.3) |
| Free Cash Flow | 1,869 | 1,338 | 1,530 | 868 | 985 | 1,171 | 936 | 1,168 | 1,333 | 811 | 814 | 1,092.8 | 1,128.2 | 1,083 | 1,055.5 | 1,123.6 | 839.4 | 599.6 | 820.6 | 698.6 | 421.4 | 368.6 | 262.3 | 134.0 | (140.3) | 134.7 | 77.3 | 30.5 | 14.8 | (0.9) | (0.8) |