NVR - NVR, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$7,465.33
DETAILS
HIGH:
$8,096.00
LOW:
$6,600.00
MEDIAN:
$7,700.00
CONSENSUS:
$7,465.33
UPSIDE:
23.52%
| 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 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||
| Revenue | 10,324.0 | 10,543.6 | 9,534.9 | 10,538.3 | 8,959.8 | 7,545.9 | 7,400.8 | 7,175.3 | 6,313.7 | 5,830.1 | 5,165.5 | 4,449.5 | 4,216.2 | 3,189.2 | 2,664.9 | 3,052.0 | 2,756.2 | 3,693.0 | 5,129.3 | 6,134.1 | 5,275.1 | 4,250.2 | 3,677.6 | 3,064.0 | 2,623.8 | 2,317.2 | 2,006.6 | 1,559.8 | 1,154 | 1,069.9 | 869.1 | 846 |
| Cost of Revenue | 7,953.4 | 7,850.5 | 7,051.2 | 7,662.3 | 6,763.1 | 5,937.4 | 5,849.9 | 5,692.1 | 4,990.4 | 4,707.9 | 4,118.8 | 3,568.6 | 3,424.2 | 2,575.6 | 2,165.6 | 2,438.3 | 2,185.7 | 3,181.0 | 4,227.1 | 4,701.3 | 3,738.0 | 3,156.3 | 2,711.9 | 2,335.4 | 2,002.3 | 1,828.7 | 1,604.9 | 1,269 | 990.3 | 899 | 736.2 | 710.8 |
| Gross Profit | 2,370.6 | 2,693.0 | 2,483.7 | 2,876.0 | 2,196.6 | 1,608.5 | 1,550.9 | 1,483.1 | 1,323.3 | 1,122.3 | 1,046.7 | 880.9 | 769.6 | 613.5 | 499.2 | 613.7 | 570.4 | 512.0 | 902.3 | 1,432.9 | 1,537.1 | 1,093.9 | 965.7 | 790.8 | 621.5 | 488.5 | 401.7 | 290.8 | 163.7 | 170.9 | 132.9 | 135.2 |
| 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 |
| SG&A Expenses | 699.1 | 699.1 | 680.0 | 625.3 | 563.4 | 509.7 | 527.4 | 512.7 | 460.8 | 443.3 | 424.0 | 407.9 | 355.6 | 335.0 | 294.5 | 290.7 | 260.6 | 340.3 | 376.0 | 471.3 | 377.1 | 286.4 | 255.8 | 250.0 | 204.9 | 186.4 | 180.8 | 143.3 | 110.8 | 94.7 | 89.9 | 85.2 |
| Other Expenses | 0 | 6.4 | (18.8) | 81.5 | 162.9 | 121.3 | 75.3 | 75.3 | 63.1 | 57.2 | 44.5 | 22.6 | 35.2 | 30.6 | 19.1 | 0 | 0 | (31.6) | 27.5 | 45.3 | 59.5 | (25.6) | 49.4 | (23.8) | 40.9 | 13.8 | 14.7 | 13.4 | 13.3 | 15.4 | 14.8 | 13.8 |
| Operating Expenses | 699.1 | 705.5 | 661.2 | 706.8 | 726.3 | 631.0 | 602.7 | 588.0 | 523.9 | 500.5 | 468.5 | 430.4 | 390.8 | 365.6 | 313.6 | 290.7 | 260.6 | 308.7 | 403.6 | 516.6 | 436.6 | 260.8 | 305.2 | 226.2 | 245.8 | 200.3 | 195.5 | 156.7 | 124.1 | 110.1 | 104.7 | 99 |
| Operating Income | ||||||||||||||||||||||||||||||||
| Operating Income | 1,671.4 | 1,987.6 | 1,822.5 | 2,169.2 | 1,470.3 | 977.4 | 948.2 | 895.1 | 799.4 | 621.7 | 578.2 | 450.5 | 401.2 | 247.9 | 185.6 | 323.0 | 309.8 | 171.7 | 498.7 | 916.3 | 1,100.5 | 833.1 | 660.5 | 502.4 | 375.6 | 288.2 | 206.2 | 134.1 | 39.6 | 60.8 | 28.2 | 36.2 |
| Interest Expense | 28.8 | 27.8 | 27.7 | 39.5 | 53.1 | 40.9 | 25.4 | 25.1 | 24.2 | 21.7 | 23.6 | 23.1 | 22.4 | 7.5 | 1.9 | 6.0 | 11.4 | 13.7 | 13.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 17.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.0 | 4.0 | 4.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||
| EBITDA | 1,790.8 | 2,161.7 | 1,973.0 | 2,310.1 | 1,661.4 | 1,165.1 | 1,070.9 | 1,003.9 | 892.6 | 704.6 | 647.7 | 493.8 | 469.9 | 290.7 | 217.2 | 335.7 | 319.5 | 194.8 | 570.4 | 930.4 | 1,111.2 | 841.9 | 660.5 | 502.4 | 390.8 | 296.4 | 220.9 | 147.5 | 52.9 | 52.2 | 34.9 | 50 |
| EBIT | 1,790.8 | 2,143.3 | 1,956.1 | 2,292.7 | 1,641.9 | 1,143.1 | 1,050.1 | 983.8 | 869.9 | 682.3 | 626.1 | 476.1 | 441.1 | 282.6 | 209.5 | 328.4 | 309.8 | 181.1 | 553.3 | 916.3 | 1,100.5 | 833.1 | 660.5 | 502.4 | 375.6 | 282.6 | 206.2 | 134.1 | 39.6 | 36.8 | 20.1 | 36.2 |
| Income Before Tax | 1,761.9 | 2,115.5 | 1,928.4 | 2,253.2 | 1,590.4 | 1,078.0 | 1,025.8 | 959.7 | 846.9 | 661.7 | 603.2 | 453.5 | 418.7 | 275.1 | 207.6 | 322.4 | 298.4 | 167.5 | 539.5 | 963.0 | 1,144.4 | 872.0 | 696.2 | 536.0 | 394.7 | 266.9 | 185.2 | 110.4 | 53.9 | 48.7 | 33.4 | 22.1 |
| Income Tax Expense | 422.1 | 433.6 | 336.8 | 527.6 | 353.7 | 176.8 | 147.3 | 162.5 | 309.4 | 236.4 | 220.3 | 171.9 | 152.2 | 94.5 | 78.2 | 116.4 | 106.2 | 66.6 | 205.6 | 375.6 | 446.9 | 348.8 | 276.4 | 204.6 | 157.9 | 108.6 | 76.3 | 44.3 | 25 | 22.9 | 17 | 13.1 |
| Net Income | 1,339.8 | 1,681.9 | 1,591.6 | 1,725.6 | 1,236.7 | 901.2 | 878.5 | 797.2 | 537.5 | 425.3 | 382.9 | 281.6 | 266.5 | 180.6 | 129.4 | 206.0 | 192.2 | 100.9 | 334.0 | 587.4 | 697.6 | 523.2 | 419.8 | 331.5 | 236.8 | 158.2 | 108.9 | 56.7 | 28.9 | 25.8 | 17.3 | 10.4 |
| Per Share Data | ||||||||||||||||||||||||||||||||
| EPS (Basic) | 462.00 | 540.88 | 491.52 | 525.20 | 345.38 | 244.11 | 241.29 | 194.82 | 144.00 | 110.53 | 95.21 | 65.83 | 56.25 | 36.04 | 23.66 | 34.96 | 33.10 | 18.76 | 61.61 | 104.08 | 110.36 | 80.83 | 59.28 | 47.20 | 29.87 | 17.42 | 10.69 | 5.10 | 2.44 | 1.76 | 1.13 | 0.62 |
| EPS (Diluted) | 436.55 | 506.69 | 463.31 | 491.82 | 320.48 | 230.09 | 221.13 | 194.82 | 126.77 | 103.61 | 89.99 | 63.50 | 54.81 | 35.12 | 23.01 | 33.42 | 31.26 | 17.04 | 54.14 | 88.05 | 89.61 | 66.42 | 48.39 | 36.05 | 24.86 | 14.98 | 9.01 | 4.26 | 2.18 | 1.70 | 1.12 | 0.62 |
| Shares Outstanding | 2.9 | 3.1 | 3.2 | 3.3 | 3.6 | 3.7 | 3.6 | 4.1 | 3.7 | 3.8 | 4.0 | 4.3 | 4.7 | 5.0 | 5.5 | 5.9 | 5.8 | 5.4 | 5.4 | 5.6 | 6.3 | 6.5 | 7.1 | 7.3 | 7.9 | 9.1 | 10.2 | 11.1 | 11.8 | 14.7 | 15.3 | 16.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||||||||||
| Cash & Cash Equivalents | 1,956.9 | 2,611.0 | 3,162.9 | 2,522.8 | 2,573.5 | 2,778.3 | 1,140.3 | 711.9 | 666.8 | 395.4 | 1,250.2 | 1,147.6 | 367.4 | 232.2 | 142.8 | 138.6 | 137.7 | 89.1 | 68.5 | 45.7 | 74.8 | 55.6 | 71.5 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 219.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 32.7 | 32.6 | 29 | 20.8 | 18.6 | 18.3 | 18.3 | 18.6 | 20.0 | 18.9 | 8.0 | 11.6 | 14.0 | 9.6 | 10.8 | 5.7 | 6.7 | 2.2 | 1.5 | 3.4 | 2.9 | 7.9 | 4.7 |
| Inventory | 1,723.6 | 2,058.7 | 1,950.2 | 1,788.3 | 1,947.4 | 1,709.1 | 1,347.3 | 1,253.1 | 1,246.2 | 1,092.1 | 418.7 | 400.6 | 588.5 | 536.6 | 436.7 | 402.4 | 334.7 | 323.5 | 288.6 | 224 | 171.7 | 154.7 | 109.5 |
| Other Current Assets | 0 | 408.9 | 275.1 | 368.2 | 365.4 | 481.0 | 512.3 | 478.4 | 374.2 | 371.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 |
| Total Current Assets | 3,713.2 | 5,837.9 | 5,993.7 | 5,196.3 | 5,402.0 | 5,374.3 | 3,432.1 | 2,858.2 | 2,677.6 | 2,257.7 | 1,936.5 | 1,632.3 | 969.9 | 778.3 | 590.3 | 546.7 | 479.1 | 414.8 | 358.6 | 273.1 | 249.4 | 218.2 | 190.7 |
| Non-Current Assets | |||||||||||||||||||||||
| Property, Plant & Equipment | 246.0 | 109.2 | 100.3 | 90.7 | 72.4 | 70.1 | 83.0 | 6.5 | 6.3 | 4.9 | 20.7 | 26.4 | 26.3 | 25.4 | 23.1 | 16.2 | 15.9 | 17.4 | 17.6 | 17.8 | 18.8 | 18.6 | 18.1 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48.9 | 48.9 | 48.9 | 48.9 | 48.9 | 48.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48.9 | 6.4 | 6.4 | 6.4 | 6.4 | 7.5 | 11.3 | 9.7 | 10.8 | 0 | 0 | 111.9 |
| Long-Term Investments | 571.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3 | 70.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1,182.5 | 291.7 | 359.8 | 230.5 | 227.2 | 199.8 | 179.0 | 188.9 | 193.4 | 206.9 | 118.9 | 172.2 | 653.2 | 430.1 | 438.9 | 325.5 | 338.9 | 323.9 | 338.5 | 262.9 | 233 | 377.1 | 244.9 |
| Total Non-Current Assets | 2,143.7 | 543.1 | 608.1 | 464.7 | 432.5 | 402.9 | 377.8 | 307.8 | 311.6 | 386.3 | 459.3 | 470.9 | 808.0 | 584.8 | 592.0 | 448.3 | 362.2 | 352.5 | 365.8 | 291.5 | 251.8 | 395.7 | 374.9 |
| Total Assets | 5,856.9 | 6,381.0 | 6,601.8 | 5,661.0 | 5,834.5 | 5,777.1 | 3,809.8 | 3,165.9 | 2,989.3 | 2,643.9 | 2,395.8 | 2,103.2 | 1,778.0 | 1,363.1 | 1,182.3 | 995.0 | 841.3 | 767.3 | 724.4 | 564.6 | 501.2 | 613.9 | 565.6 |
| Current Liabilities | |||||||||||||||||||||||
| Account Payables | 313.0 | 386.2 | 475.2 | 395.4 | 388.0 | 402.6 | 307.0 | 288.6 | 294.8 | 283.6 | 139.8 | 155.1 | 227.0 | 198.1 | 161.7 | 138.0 | 117.8 | 113.0 | 100 | 76.9 | 62.3 | 57.2 | 53.5 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.3 | 44.5 | 9.7 | 53.3 | 139.3 | 118.7 | 53.5 | 125.8 | 165.8 | 108.4 | 0.1 | 0.1 | 0 |
| Deferred Revenue | 0 | 322.9 | 334.4 | 313.8 | 417.5 | 240.8 | 131.9 | 138.2 | 150.0 | 122.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 626.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 169.1 | 325.2 | 237.0 | 216.0 | 154.2 | 237.3 | 175.5 | 138.3 | 94.9 | 85.3 | 90.7 | 81.6 |
| Total Current Liabilities | 939.2 | 1,150.4 | 1,222.7 | 1,146.5 | 1,241.3 | 1,084.0 | 784.9 | 759.7 | 786.7 | 743.0 | 373.5 | 563.6 | 738.9 | 663.7 | 659.1 | 525.7 | 408.6 | 414.3 | 404.1 | 280.2 | 147.7 | 148 | 135.1 |
| Non-Current Liabilities | |||||||||||||||||||||||
| Long-Term Debt | 1,052.9 | 911.1 | 913.0 | 914.9 | 1,516.3 | 1,517.4 | 598.3 | 597.7 | 597.1 | 596.5 | 201.5 | 165.8 | 204.1 | 200 | 115 | 115 | 120.2 | 152.3 | 154.5 | 139.7 | 201.5 | 319.8 | 301 |
| 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 |
| Other Non-Current Liabilities | (143.7) | 0 | (334.4) | (313.8) | (417.5) | (240.8) | (131.9) | (138.2) | (150.0) | (122.2) | 63.6 | 0 | 0 | 4.5 | 4.9 | 5.3 | 65.0 | 0 | 0.1 | 0.1 | 0 | (0.1) | 0 |
| Total Non-Current Liabilities | 1,052.9 | 1,020.5 | 1,014.3 | 1,007.7 | 1,590.8 | 1,590.1 | 683.7 | 597.7 | 597.1 | 596.5 | 265.0 | 165.8 | 204.1 | 204.5 | 119.9 | 120.3 | 185.2 | 152.3 | 154.6 | 139.8 | 201.5 | 319.7 | 301 |
| Total Liabilities | 1,992.1 | 2,170.9 | 2,237.0 | 2,154.1 | 2,832.1 | 2,674.1 | 1,468.6 | 1,357.4 | 1,383.8 | 1,339.5 | 638.5 | 729.4 | 943.0 | 868.2 | 779.0 | 645.9 | 593.8 | 566.6 | 558.7 | 420 | 349.2 | 467.7 | 436.1 |
| Stockholders' Equity | |||||||||||||||||||||||
| Common Stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 16,386.8 | 15,047.0 | 13,365.0 | 11,773.4 | 10,047.8 | 8,811.1 | 7,909.9 | 7,031.3 | 6,231.9 | 5,695.4 | 3,823.1 | 3,630.9 | 1,911.1 | 1,387.9 | 968.1 | 636.6 | 399.8 | 241.6 | 132.7 | 76 | 47.1 | 21.6 | 4.3 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 3,864.9 | 4,210.1 | 4,364.7 | 3,506.8 | 3,002.4 | 3,103.1 | 2,341.2 | 1,808.6 | 1,605.5 | 1,304.4 | 1,757.3 | 1,373.8 | 835.0 | 494.9 | 403.2 | 349.1 | 247.5 | 200.6 | 165.7 | 144.6 | 152 | 146.2 | 129.5 |
| Total Liabilities & Equity | 5,856.9 | 6,381.0 | 6,601.8 | 5,661.0 | 5,834.5 | 5,777.1 | 3,809.8 | 3,165.9 | 2,989.3 | 2,643.9 | 2,395.8 | 2,103.2 | 1,778.0 | 1,363.1 | 1,182.3 | 995.0 | 841.3 | 767.3 | 724.4 | 564.6 | 501.2 | 613.9 | 565.6 |
| Debt Metrics | |||||||||||||||||||||||
| Total Debt | 1,196.6 | 1,020.5 | 1,014.3 | 1,007.7 | 1,590.8 | 1,590.1 | 683.7 | 597.7 | 597.1 | 596.5 | 213.8 | 210.4 | 213.8 | 253.3 | 254.3 | 233.7 | 173.7 | 278.1 | 320.3 | 248.1 | 201.6 | 319.9 | 301 |
| Net Debt | (760.3) | (1,590.5) | (2,148.6) | (1,515.2) | (982.6) | (1,188.2) | (456.6) | (114.2) | (69.7) | 201.1 | (1,036.4) | (937.3) | (153.6) | 21.1 | 111.4 | 95.1 | 35.9 | 189.0 | 251.8 | 202.4 | 126.8 | 264.3 | 229.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||
| Net Income | 1,339.8 | 1,681.9 | 1,591.6 | 1,725.6 | 1,236.7 | 901.2 | 878.5 | 797.2 | 537.5 | 425.3 | 697.6 | 523.2 | 419.8 | 331.5 | 236.8 | 158.2 | 108.9 | 15 | 5.1 | 25.8 | 4.8 | 10.4 |
| Depreciation & Amortization | 24.5 | 18.4 | 16.9 | 17.4 | 19.5 | 22.0 | 20.8 | 20.2 | 22.7 | 22.3 | 10.7 | 8.9 | 8.4 | 7.7 | 15.2 | 13.8 | 14.7 | 13.4 | 13.3 | 15.4 | 14.8 | 13.8 |
| Stock-Based Compensation | 69.2 | 73.9 | 99.5 | 82.5 | 58.2 | 50.8 | 78.5 | 75.7 | 44.6 | 43.6 | 94.5 | 92.7 | (17.9) | (37.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (148.4) | (308.4) | (229.3) | (12.1) | (167.0) | (86.0) | (80.9) | (81.3) | (107.8) | (56.8) | (83.1) | (14.0) | 77.3 | 110.4 | (49.3) | 24.3 | 20.2 | 7.8 | (3.7) | (14.4) | (26.7) | 2.3 |
| Other Non-Cash Items | (162.4) | (97.1) | 23.1 | 67.8 | 95.2 | 54.8 | (26.4) | (89.6) | 10.7 | (39.9) | (162.5) | (148.1) | 68.7 | (9.2) | (46.0) | 4.3 | 83.5 | (37) | (29.1) | 12.3 | (47.4) | 62.9 |
| Operating Cash Flow | 1,121.3 | 1,374.5 | 1,498.0 | 1,870.1 | 1,242.4 | 925.3 | 866.5 | 723.1 | 568.9 | 384.5 | 532.8 | 463.9 | 552.8 | 381.2 | 150.3 | 193.7 | 215.4 | (11.7) | (15) | 38.8 | (58.1) | 94.3 |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditure | (24.5) | (29.2) | (24.9) | (18.4) | (17.9) | (16.1) | (22.7) | (19.7) | (20.3) | (22.4) | (18.7) | (9.8) | (9.5) | (12.3) | (6.7) | (5.0) | (9.1) | (4) | (3.1) | (4.3) | (3.6) | (2.6) |
| Acquisitions | 0 | 0 | 0 | (9.7) | (1.3) | (0.4) | (0.7) | 1.3 | 0.8 | 1 | (7.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | (9.7) | (1.3) | (0.4) | (0.7) | 0 | (3.8) | (0.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (5) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 9.7 | 1.3 | 0.4 | 0.7 | 0 | 0 | 0 | 0 | 0 | 8.3 | 0.8 | 4.1 | 0.8 | 1.8 | 14.6 | 19.3 | 84.9 | 23 | 53.9 |
| Other Investing Activities | (46.7) | 2.7 | 0.8 | 0.7 | 1.0 | 12.6 | 10.1 | 10.2 | 7.2 | 12.6 | 4.0 | 13.3 | 12.5 | 7.5 | 18.5 | 16.3 | 33.4 | 29 | 3 | 4.3 | 6.6 | 64.4 |
| Investing Cash Flow | (71.2) | (26.6) | (24.1) | (27.4) | (18.2) | (3.9) | (13.3) | (8.2) | (16.0) | (9.4) | (22.1) | 3.6 | 11.3 | (4.0) | 15.9 | 12.1 | 26.1 | 39.6 | 19.2 | 84.9 | 26 | 110.7 |
| Financing Activities | ||||||||||||||||||||||
| Net Debt Issuance | (4.7) | (2.6) | (1.7) | (601.5) | (1.4) | 922.9 | (0.3) | 0 | 0 | 0 | 249.3 | (44.1) | (5.9) | 18.1 | 55.7 | (105.0) | (120.6) | 45.7 | 11.5 | (82.2) | 18.6 | (175.8) |
| Stock Repurchased | (1,833.3) | (2,057.7) | (1,081.8) | (1,500.4) | (1,538.0) | (371.1) | (698.4) | (846.1) | (422.2) | (455.4) | (962.6) | (307.6) | (478.3) | (399.9) | (232.1) | (55.3) | (101.8) | (50.2) | (45.5) | (35.1) | (2.6) | (17.1) |
| Dividends Paid | 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 | 0 | 0 | 0 | 0 | 0 | (5.1) | 0 | (0.2) | 0 | 13.5 | 0 | 0 | 0 | 0 | 4.9 | 3.1 | 1.6 | (0.7) | 0.8 | 12.9 | 0.1 | (1.8) |
| Financing Cash Flow | (1,757.9) | (1,898.7) | (833.0) | (1,905.1) | (1,397.0) | 727.6 | (424.7) | (672.3) | (281.6) | (403.7) | (700.5) | (332.4) | (474.7) | (373.0) | (165.3) | (157.3) | (220.8) | (5.2) | (33.2) | (104.4) | 16.1 | (194.7) |
| Cash Position | ||||||||||||||||||||||
| Net Change in Cash | (707.8) | (550.8) | 640.9 | (62.5) | (172.8) | 1,649.0 | 428.6 | 42.7 | 271.2 | (28.7) | (189.8) | 135.1 | 89.4 | 4.2 | 0.9 | 48.6 | 20.6 | (5.2) | (33.2) | (104.4) | 16.1 | (194.7) |
| Cash at Beginning | 2,664.7 | 3,215.4 | 2,574.5 | 2,637.0 | 2,809.8 | 1,160.8 | 732.2 | 689.6 | 396.6 | 425.3 | 367.4 | 232.2 | 142.8 | 138.6 | 137.7 | 89.1 | 68.5 | 45.7 | 74.8 | 55.6 | 71.5 | 61.1 |
| Cash at End | 1,956.9 | 2,664.7 | 3,215.4 | 2,574.5 | 2,637.0 | 2,809.8 | 1,160.8 | 732.2 | 667.9 | 396.6 | 177.5 | 367.4 | 232.2 | 142.8 | 138.6 | 137.7 | 89.1 | 40.5 | 41.6 | (48.8) | 87.6 | (133.6) |
| Free Cash Flow | 1,096.8 | 1,345.2 | 1,473.1 | 1,851.7 | 1,224.5 | 909.1 | 843.8 | 703.5 | 548.6 | 362.1 | 514.1 | 454.2 | 543.3 | 369.0 | 143.6 | 188.7 | 206.3 | (15.7) | (18.1) | 34.5 | (61.7) | 91.7 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||
| Revenue | 10,324.0 | 10,543.6 | 9,534.9 | 10,538.3 | 8,959.8 | 7,545.9 | 7,400.8 | 7,175.3 | 6,313.7 | 5,830.1 | 5,165.5 | 4,449.5 | 4,216.2 | 3,189.2 | 2,664.9 | 3,052.0 | 2,756.2 | 3,693.0 | 5,129.3 | 6,134.1 | 5,275.1 | 4,250.2 | 3,677.6 | 3,064.0 | 2,623.8 | 2,317.2 | 2,006.6 | 1,559.8 | 1,154 | 1,069.9 | 869.1 | 846 |
| Gross Profit | 2,370.6 | 2,693.0 | 2,483.7 | 2,876.0 | 2,196.6 | 1,608.5 | 1,550.9 | 1,483.1 | 1,323.3 | 1,122.3 | 1,046.7 | 880.9 | 769.6 | 613.5 | 499.2 | 613.7 | 570.4 | 512.0 | 902.3 | 1,432.9 | 1,537.1 | 1,093.9 | 965.7 | 790.8 | 621.5 | 488.5 | 401.7 | 290.8 | 163.7 | 170.9 | 132.9 | 135.2 |
| Operating Income | 1,671.4 | 1,987.6 | 1,822.5 | 2,169.2 | 1,470.3 | 977.4 | 948.2 | 895.1 | 799.4 | 621.7 | 578.2 | 450.5 | 401.2 | 247.9 | 185.6 | 323.0 | 309.8 | 171.7 | 498.7 | 916.3 | 1,100.5 | 833.1 | 660.5 | 502.4 | 375.6 | 288.2 | 206.2 | 134.1 | 39.6 | 60.8 | 28.2 | 36.2 |
| Net Income | 1,339.8 | 1,681.9 | 1,591.6 | 1,725.6 | 1,236.7 | 901.2 | 878.5 | 797.2 | 537.5 | 425.3 | 382.9 | 281.6 | 266.5 | 180.6 | 129.4 | 206.0 | 192.2 | 100.9 | 334.0 | 587.4 | 697.6 | 523.2 | 419.8 | 331.5 | 236.8 | 158.2 | 108.9 | 56.7 | 28.9 | 25.8 | 17.3 | 10.4 |
| EPS (Diluted) | 436.55 | 506.69 | 463.31 | 491.82 | 320.48 | 230.09 | 221.13 | 194.82 | 126.77 | 103.61 | 89.99 | 63.50 | 54.81 | 35.12 | 23.01 | 33.42 | 31.26 | 17.04 | 54.14 | 88.05 | 89.61 | 66.42 | 48.39 | 36.05 | 24.86 | 14.98 | 9.01 | 4.26 | 2.18 | 1.70 | 1.12 | 0.62 |
| Balance Sheet | ||||||||||||||||||||||||||||||||
| Cash & Equivalents | 1,956.9 | 2,611.0 | 3,162.9 | 2,522.8 | 2,573.5 | 2,778.3 | 1,140.3 | 711.9 | 666.8 | 395.4 | 1,250.2 | 1,147.6 | 367.4 | 232.2 | 142.8 | 138.6 | 137.7 | 89.1 | 68.5 | 45.7 | 74.8 | 55.6 | 71.5 | |||||||||
| Total Assets | 5,856.9 | 6,381.0 | 6,601.8 | 5,661.0 | 5,834.5 | 5,777.1 | 3,809.8 | 3,165.9 | 2,989.3 | 2,643.9 | 2,395.8 | 2,103.2 | 1,778.0 | 1,363.1 | 1,182.3 | 995.0 | 841.3 | 767.3 | 724.4 | 564.6 | 501.2 | 613.9 | 565.6 | |||||||||
| Total Debt | 1,196.6 | 1,020.5 | 1,014.3 | 1,007.7 | 1,590.8 | 1,590.1 | 683.7 | 597.7 | 597.1 | 596.5 | 213.8 | 210.4 | 213.8 | 253.3 | 254.3 | 233.7 | 173.7 | 278.1 | 320.3 | 248.1 | 201.6 | 319.9 | 301 | |||||||||
| Stockholders' Equity | 3,864.9 | 4,210.1 | 4,364.7 | 3,506.8 | 3,002.4 | 3,103.1 | 2,341.2 | 1,808.6 | 1,605.5 | 1,304.4 | 1,757.3 | 1,373.8 | 835.0 | 494.9 | 403.2 | 349.1 | 247.5 | 200.6 | 165.7 | 144.6 | 152 | 146.2 | 129.5 | |||||||||
| Cash Flow | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | 1,121.3 | 1,374.5 | 1,498.0 | 1,870.1 | 1,242.4 | 925.3 | 866.5 | 723.1 | 568.9 | 384.5 | 532.8 | 463.9 | 552.8 | 381.2 | 150.3 | 193.7 | 215.4 | (11.7) | (15) | 38.8 | (58.1) | 94.3 | ||||||||||
| Capital Expenditure | (24.5) | (29.2) | (24.9) | (18.4) | (17.9) | (16.1) | (22.7) | (19.7) | (20.3) | (22.4) | (18.7) | (9.8) | (9.5) | (12.3) | (6.7) | (5.0) | (9.1) | (4) | (3.1) | (4.3) | (3.6) | (2.6) | ||||||||||
| Free Cash Flow | 1,096.8 | 1,345.2 | 1,473.1 | 1,851.7 | 1,224.5 | 909.1 | 843.8 | 703.5 | 548.6 | 362.1 | 514.1 | 454.2 | 543.3 | 369.0 | 143.6 | 188.7 | 206.3 | (15.7) | (18.1) | 34.5 | (61.7) | 91.7 | ||||||||||