O - Realty Income Corporation
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$66.86
DETAILS
HIGH:
$69.00
LOW:
$60.00
MEDIAN:
$68.00
CONSENSUS:
$66.86
UPSIDE:
7.80%
| 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 | 5,749.4 | 5,271.1 | 4,079.0 | 3,343.7 | 2,080.5 | 1,647.1 | 1,488.2 | 1,327.8 | 1,215.8 | 1,103.2 | 1,023.3 | 933.5 | 780.2 | 484.6 | 412.4 | 333.4 | 322.6 | 325.0 | 294.3 | 237.4 | 193.3 | 170.5 | 142.3 | 127.3 | 109.8 | 106.3 | 97.9 | 82.7 | 69 | 57.0 | 51.6 | 48.9 | 49.0 |
| Cost of Revenue | 586.4 | 377.7 | 317.0 | 226.3 | 133.6 | 104.6 | 88.6 | 66.3 | 69.5 | 62.9 | 55.4 | 53.9 | 38.9 | 21.3 | 15.5 | 5.8 | 6.4 | 5.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 5,163.0 | 4,893.5 | 3,762.0 | 3,117.4 | 1,946.9 | 1,542.5 | 1,399.6 | 1,261.5 | 1,146.3 | 1,040.3 | 967.9 | 879.6 | 741.4 | 463.3 | 396.9 | 327.6 | 316.1 | 319.6 | 294.3 | 237.4 | 193.3 | 170.5 | 142.3 | 127.3 | 109.8 | 106.3 | 97.9 | 82.7 | 69 | 57.0 | 51.6 | 48.9 | 49.0 |
| 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 | 253.0 | 176.9 | 144.5 | 138.5 | 97.0 | 73.2 | 66.5 | 84.1 | 58.4 | 52.0 | 49.3 | 51.1 | 56.8 | 38.0 | 31.0 | 25.3 | 20.9 | 21.6 | 22.7 | 17.5 | 15.4 | 13.1 | 11.2 | 9.5 | 7.8 | 6.8 | 7.0 | 6.7 | 5.4 | 5.2 | 4.8 | 0 | 0 |
| Other Expenses | 3,282.9 | 2,395.6 | 1,895.2 | 1,670.4 | 897.8 | 677.0 | 594.0 | 539.8 | 498.8 | 449.9 | 409.2 | 374.7 | 306.8 | 147.5 | 116.5 | 91.6 | 89.9 | 89.1 | 81.5 | 64.4 | (15.4) | (13.1) | (45.8) | (40.6) | (41.8) | (38.0) | 50.9 | 36.8 | (25.9) | 18.6 | 21.2 | 34.8 | 23.3 |
| Operating Expenses | 3,535.9 | 2,572.5 | 2,039.7 | 1,808.8 | 994.8 | 750.3 | 660.4 | 623.9 | 557.2 | 501.9 | 458.5 | 425.7 | 363.6 | 185.6 | 147.5 | 117.0 | 110.8 | 110.7 | 104.2 | 81.9 | 0.5 | 0 | (35.1) | (31.5) | (34) | (31.1) | 57.9 | 43.5 | (20.5) | 23.8 | 26.0 | 34.8 | 23.3 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 1,627.1 | 2,320.9 | 1,722.3 | 1,308.5 | 952.0 | 792.2 | 739.1 | 637.6 | 589.1 | 538.4 | 509.4 | 453.9 | 377.7 | 277.6 | 249.4 | 210.7 | 205.3 | 208.9 | 190.1 | 155.5 | 130.7 | 170.5 | 177.4 | 158.9 | 143.8 | 137.5 | 40.0 | 39.2 | 89.5 | 33.1 | 25.6 | 14.1 | 25.7 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27.0 | 23.5 | 26.5 | 31.5 | 24.5 | 0 | 8.2 | 2.4 | 0 | 0 | 0 |
| Interest Income | 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 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 3,550.8 | 4,327.7 | 3,603.2 | 2,978.9 | 1,849.9 | 1,381.9 | 1,315.0 | 1,167.0 | 1,087.8 | 981.1 | 915.7 | 849.9 | 662.7 | 406.7 | 360.7 | 297.6 | 295.0 | 294.6 | 270.6 | 217.2 | 176.9 | 157.6 | 211.8 | 190.3 | 172.6 | 165.9 | 40.0 | 39.2 | 108.1 | 49.6 | 25.6 | 14.1 | 25.7 |
| EBIT | 1,078.6 | 1,932.0 | 1,708.0 | 1,308.5 | 952.0 | 704.9 | 721.0 | 627.2 | 589.1 | 531.2 | 506.5 | 475.2 | 355.9 | 259.2 | 244.1 | 205.9 | 205.1 | 205.5 | 190.1 | 155.5 | 130.7 | 117.7 | 177.4 | 158.9 | 143.8 | 137.5 | 40.0 | 39.2 | 89.5 | 33.1 | 25.6 | 14.1 | 25.7 |
| Income Before Tax | 1,078.6 | 933.9 | 928.9 | 917.6 | 392.4 | 411.2 | 443.6 | 369.9 | 325.4 | 319.7 | 288.0 | 272.6 | 183.0 | 147.4 | 152.6 | 122.8 | 0 | 0 | 128.8 | 106.8 | 0 | 84.8 | 0 | 0 | 0 | 0 | 0 | 41.5 | 0 | 32.3 | 0 | 0 | 0 |
| Income Tax Expense | 20 | 66.6 | 52.0 | 45.2 | 31.7 | 14.7 | 6.2 | 5.3 | 6.0 | 3.3 | 3.2 | 3.5 | 2.4 | 1.1 | 1.5 | 1.4 | 0.7 | 1.2 | 1.4 | 0.7 | 0 | 0.7 | 0.5 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 1,058.6 | 860.8 | 872.3 | 869.4 | 359.5 | 395.5 | 436.5 | 363.6 | 318.8 | 315.6 | 283.8 | 270.6 | 245.6 | 146.0 | 157.0 | 130.8 | 131.1 | 131.8 | 140.4 | 110.8 | 99.1 | 82.9 | 86.4 | 78.7 | 67.6 | 54.8 | 46.2 | 41.3 | 34.8 | 32.2 | 25.6 | 15.2 | 29.3 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 1.17 | 0.98 | 1.26 | 1.42 | 0.87 | 1.15 | 1.38 | 1.26 | 1.10 | 1.13 | 1.09 | 1.03 | 1.06 | 0.79 | 1.05 | 1.01 | 1.03 | 1.06 | 1.16 | 1.11 | 1.12 | 1.15 | 1.08 | 1.02 | 0.88 | 0.85 | 0.76 | 0.78 | 0.74 | 0.70 | 0.56 | 0.39 | 0.74 |
| EPS (Diluted) | 1.17 | 0.98 | 1.26 | 1.42 | 0.87 | 1.14 | 1.38 | 1.26 | 1.10 | 1.13 | 1.09 | 1.03 | 1.06 | 1.20 | 1.05 | 1.01 | 1.03 | 1.06 | 1.16 | 1.11 | 1.12 | 1.15 | 1.08 | 1.01 | 0.88 | 0.85 | 0.76 | 0.78 | 0.74 | 0.70 | 0.56 | 0.39 | 0.74 |
| Shares Outstanding | 904.8 | 873.2 | 692.3 | 611.8 | 414.5 | 343.9 | 315.8 | 289.4 | 273.5 | 255.1 | 235.8 | 218.4 | 191.8 | 132.8 | 126.1 | 105.9 | 103.6 | 101.2 | 100.2 | 89.8 | 80.0 | 78.5 | 71.1 | 67.9 | 56.6 | 53.6 | 53.9 | 53.3 | 47.0 | 46.0 | 39.6 | 39.0 | 39.5 |
| 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 | 434.8 | 445.0 | 232.9 | 171.1 | 258.6 | 824.5 | 54.0 | 10.4 | 6.9 | 9.4 | 10.0 | 46.8 | 2.1 | 4.8 | 8.9 | 2.5 | 3.8 | 0.8 | 2.5 | 2.1 | 1.6 | 1.6 | 0 | 29.3 |
| 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 | 1,053.5 | 3,379.4 | 2,593.6 | 1,501.1 | 755.1 | 417.0 | 273.5 | 145.0 | 128.7 | 110.0 | 10.4 | 10.6 | 4.1 | 4.0 | 4.4 | 4.9 | 5.1 | 3.4 | 3.0 | 3.2 | 2.3 | 2.1 | 0 | 0 |
| Inventory | 0 | 0 | 31.5 | 29.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 131.5 | 6.4 | 43.3 | 127.6 | 41.2 | 116.1 | 17.9 | 14.9 | 30.8 | 0 | (57.4) | (6.2) | (8.8) | (13.3) | (7.3) | (8.9) | (4.2) | (5.5) | (5.4) | (3.8) | (3.8) | (11.7) | (29.3) |
| Total Current Assets | 1,488.3 | 4,019.3 | 2,897.7 | 1,773.1 | 1,159.4 | 1,294.5 | 455.5 | 184.9 | 163.3 | 164.6 | 20.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 0 | 1,272.7 | 1,301.5 | 1,071.0 | 849.8 | 230.6 | 16,562.7 | 13,832.6 | 12,675.9 | 11,880.8 | 2,816.9 | 2,862.2 | 1,406.7 | 1,320.6 | 1,038.2 | 967.7 | 894.3 | 867.1 | 718.3 | 547.6 | 426.2 | 389.4 | 338.5 | 0 |
| Goodwill | 4,932.2 | 4,932.2 | 3,731.5 | 3,731.5 | 3,676.7 | 14.2 | 14.4 | 14.6 | 15.0 | 15.1 | 17.2 | 17.2 | 17.2 | 17.2 | 17.2 | 17.2 | 18.1 | 19.1 | 20.0 | 20.9 | 21.8 | 22.6 | 0 | 0 |
| Intangible Assets | 91.8 | 6,323.0 | 5,017.9 | 5,168.4 | 5,275.3 | 1,710.7 | 1,493.4 | 1,199.6 | 1,194.9 | 1,082.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 54,770.7 | 1,235.8 | 1,178.2 | 6.0 | 148.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | (54,770.7) | 51,052.0 | 43,652.5 | 37,923.1 | 32,027.8 | 17,490.3 | 16,434.0 | 13,861.4 | 12,684.9 | 11,890.9 | 60.3 | (2,879.4) | (1,423.9) | (1,337.9) | (1,055.4) | (984.9) | (912.4) | (886.1) | (738.3) | (568.5) | (448.1) | (411.9) | (338.5) | 0 |
| Total Non-Current Assets | 5,024.0 | 64,815.7 | 54,881.6 | 47,900.0 | 41,978.1 | 19,445.8 | 18,099.3 | 15,075.6 | 13,894.8 | 12,988.2 | 2,894.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 72,795.6 | 68,835.0 | 57,779.4 | 49,673.1 | 43,137.5 | 20,740.3 | 18,554.8 | 15,260.5 | 14,058.2 | 13,152.9 | 2,914.8 | 2,994.2 | 1,442.3 | 1,360.3 | 1,080.2 | 1,003.7 | 934.8 | 905.4 | 759.2 | 577.0 | 454.1 | 417.6 | 352.8 | 384.5 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 2,916.4 | 1,130.2 | 764.4 | 2,729.0 | 1,551.4 | 0 | 704.3 | 252 | 110 | 1,120 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 352.3 | 312.2 | 269.6 | 242.1 | 130.2 | 127.7 | 115.4 | 105.3 | 74.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (54.8) | (18.7) | (19.1) | (11.8) | (12.1) | (10.9) | (17.6) | (8.6) | (6.3) | (4.8) | (13.1) | 0 | 0 |
| Total Current Liabilities | 2,916.4 | 2,398.5 | 1,890.7 | 3,498.8 | 2,220.9 | 383.9 | 1,059.4 | 561.9 | 385.6 | 1,370.5 | 55.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 27,795.6 | 25,096.8 | 20,755.7 | 15,381.7 | 13,891.3 | 8,817.5 | 7,197.2 | 6,248.0 | 6,001.5 | 4,719.6 | 1,354.6 | 1,370 | 503.6 | 506.4 | 339.7 | 315.3 | 404 | 349.2 | 294.8 | 132.6 | 70 | 18.6 | 12.6 | 0.3 |
| 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 |
| Other Non-Current Liabilities | (642.6) | 1,757.9 | 1,556.4 | 1,459.7 | 1,390.2 | 400.4 | 238.1 | 208.6 | 169.8 | 196.6 | 16.8 | (1,370) | (503.6) | (506.4) | (339.7) | (315.3) | (404) | (349.2) | (294.8) | (132.6) | (70) | (18.6) | (12.6) | (0.3) |
| Total Non-Current Liabilities | 29,755.2 | 27,384.9 | 22,781.7 | 17,331.0 | 15,787.2 | 9,338.7 | 7,691.2 | 6,577.6 | 6,281.9 | 4,995.3 | 1,371.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 32,671.6 | 29,783.4 | 24,672.4 | 20,829.8 | 18,008.1 | 9,722.6 | 8,750.6 | 7,139.5 | 6,667.5 | 6,365.8 | 1,426.8 | 1,439.5 | 528.6 | 532.5 | 357.8 | 331.9 | 419.2 | 370.6 | 309.0 | 143.7 | 79.9 | 36.2 | 12.6 | 0.3 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 49,861.7 | 47,451.1 | 39,629.7 | 34,159.5 | 29,578.2 | 14,700.0 | 12,873.8 | 10,754.5 | 9,624.3 | 8,228.6 | 1,629.2 | 1,624.6 | 1,039.0 | 969.0 | 855.8 | 795.5 | 630.9 | 636.6 | 26.8 | 25.7 | 23.0 | 23.0 | 0 | 0 |
| Retained Earnings | (10,528.0) | (8,648.6) | (6,762.1) | (5,493.2) | (4,530.6) | (3,659.9) | (3,082.3) | (2,657.7) | (2,252.8) | (1,857.2) | (479.0) | (407.8) | (249.0) | (240.6) | (232.7) | (223.1) | (214.7) | (201.5) | (186.3) | (174.8) | (164.7) | (157.7) | (137.1) | 0 |
| Accumulated Other Comprehensive Income | 105.0 | 38.2 | 73.9 | 46.8 | 4.9 | (54.6) | (17.1) | (8.1) | (2,252.8) | (1,857.2) | 0 | (1,554.7) | 0 | 0 | 0 | (233.8) | (212.4) | (195.4) | (171.6) | (152.2) | (138.3) | (126.1) | 0 | 0 |
| Total Stockholders' Equity | 39,438.7 | 38,840.7 | 32,941.5 | 28,713.1 | 25,052.6 | 10,985.5 | 9,774.5 | 8,088.7 | 7,371.5 | 6,766.8 | 1,488.0 | 1,554.7 | 913.7 | 827.8 | 722.5 | 671.8 | 515.6 | 534.8 | 450.2 | 433.3 | 374.2 | 381.4 | 335.4 | 381.9 |
| Total Liabilities & Equity | 72,795.6 | 68,835.0 | 57,779.4 | 49,673.1 | 43,137.5 | 20,740.3 | 18,554.8 | 15,260.5 | 14,058.2 | 13,152.9 | 2,914.8 | 2,994.2 | 1,442.3 | 1,360.3 | 1,080.2 | 1,003.7 | 934.8 | 905.4 | 759.2 | 577.0 | 454.1 | 417.6 | 352.8 | 384.5 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 32,853.3 | 26,757.1 | 21,989.7 | 18,600.3 | 15,948.4 | 8,938.3 | 8,029.8 | 6,505.6 | 6,116.8 | 5,844.6 | 1,354.6 | 1,370 | 503.6 | 506.4 | 339.7 | 315.3 | 404 | 349.2 | 294.8 | 132.6 | 70 | 18.6 | 12.6 | 0.3 |
| Net Debt | 32,418.4 | 26,312.2 | 21,756.8 | 18,429.2 | 15,689.8 | 8,113.8 | 7,975.8 | 6,495.2 | 6,109.9 | 5,835.2 | 1,344.6 | 1,323.2 | 501.5 | 501.6 | 330.8 | 312.8 | 400.2 | 348.4 | 292.3 | 130.5 | 68.4 | 16.9 | 0.9 | (29.1) |
| 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 | 1,069.8 | 867.3 | 872.3 | 872.4 | 360.7 | 396.5 | 437.5 | 364.6 | 319.3 | 316.5 | 89.2 | 84.1 | 79.2 | 73.1 | 67.6 | 54.8 | 46.6 | 41.3 | 34.8 | 32.2 | 25.6 | 25.2 | 29.3 |
| Depreciation & Amortization | 2,524.2 | 2,395.6 | 1,895.2 | 1,670.4 | 897.8 | 677.0 | 594.0 | 539.8 | 498.8 | 449.9 | 46.5 | 40.3 | 34.4 | 31.4 | 29.4 | 29.0 | 26.0 | 21.9 | 18.6 | 16.4 | 14.8 | 13.8 | 0 |
| Stock-Based Compensation | 30.8 | 57.5 | 26.2 | 21.6 | 41.8 | 16.5 | 13.7 | 27.3 | 13.9 | 12.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 77.8 | 30.7 | 174.0 | (34.8) | (35.1) | (59.5) | 15.1 | 11.8 | 26.0 | 33.2 | 5.0 | 0.0 | 6.9 | 2.2 | 1.1 | 2.6 | 0.9 | 1.7 | 0.2 | 0.8 | (0.2) | (0.8) | 0 |
| Other Non-Cash Items | 291.6 | 218.6 | (13.6) | 34.2 | (24.9) | 4.4 | (2.0) | (1.6) | 4.8 | (4.7) | (31.1) | 53.9 | (46.6) | 18.1 | (8.0) | (29.8) | (1.3) | (0.3) | (0.9) | (1.3) | 0.1 | (9.7) | 9.2 |
| Operating Cash Flow | 3,994.8 | 3,573.3 | 2,958.8 | 2,563.9 | 1,322.2 | 1,115.5 | 1,068.9 | 940.7 | 875.9 | 804.0 | 109.6 | 178.3 | 74.0 | 124.8 | 90.0 | 56.6 | 72.2 | 64.6 | 52.7 | 48.1 | 40.3 | 28.5 | 38.5 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | 0 | (121.4) | (68.7) | (95.5) | (19.1) | (8.7) | (23.5) | (25.4) | (15.2) | (13.4) | 0 | 0 | 0 | 0 | 0 | (56.1) | (174.1) | (192.6) | (140.4) | (55.7) | (65.9) | (3.5) | 0 |
| Acquisitions | (52.3) | 93.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | (3,964.7) | (9,434.7) | (8,892.1) | (6,341.5) | (2,283.1) | (3,587.2) | (1,769.5) | (1,420.8) | (1,812.7) | (417.3) | (195.5) | (280.6) | (134.4) | (132.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 646.8 | 121.3 | 551.5 | 288.9 | 259.5 | 108.9 | 147.6 | 167.1 | 111.6 | 22.3 | 34.6 | 20.8 | 19.7 | 39.5 | 22.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (5,610.9) | 2.8 | 27.3 | 49.1 | (366.0) | 0 | 0 | 7.6 | 14.4 | 0 | 0 | 0 | 0 | 0 | 0 | (0.5) | 7.7 | 2.8 | 4.4 | 4.4 | (0.4) | 3.8 | 0 |
| Investing Cash Flow | (5,663.2) | (3,342.9) | (9,354.9) | (8,387.1) | (6,437.7) | (2,032.4) | (3,501.8) | (1,639.7) | (1,254.5) | (1,714.5) | (404.5) | (160.9) | (259.8) | (114.7) | (92.7) | (34.1) | (166.3) | (189.8) | (136.0) | (51.3) | (66.3) | 0.3 | 0 |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | 1,787.6 | 1,115.2 | 3,105.1 | 2,913.0 | 827.3 | 853.5 | 1,249.1 | 373.0 | 140.8 | 972.0 | 383.4 | (2.8) | 163.1 | 24.4 | (88.7) | 54.8 | 53.9 | 149.4 | 61.8 | 51.4 | 6 | (0.3) | 0 |
| Stock Repurchased | 0 | (172.5) | 0 | 0 | 0 | 0 | (21.1) | (2.8) | (408.8) | (9.0) | 0 | (103.1) | 0 | 0 | (0.2) | (6.5) | 0 | 0 | 0 | (0.2) | 0 | 0 | 0 |
| Dividends Paid | (2,920.9) | (2,699.5) | (2,111.8) | (1,813.4) | (1,169.0) | (964.2) | (852.1) | (761.6) | (695.5) | (637.6) | (118.0) | (106.5) | (93.6) | (87.8) | (74.6) | (68.0) | (61.2) | (52.3) | 0 | (48.1) | (36.7) | (44.7) | 0 |
| Other Financing Activities | 446.9 | (19.0) | (6.9) | 71.0 | 464.9 | (30.2) | (1.2) | (35.3) | (58.0) | (19.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | (2.3) | 0.0 | (0.0) | (1.4) | 0 |
| Financing Cash Flow | 1,677.8 | (21.2) | 6,437.4 | 5,738.2 | 4,577.1 | 1,692.1 | 2,492.6 | 707.9 | 375.1 | 866.2 | 358.5 | (20.2) | 181.8 | (3.7) | 1.4 | (19.5) | 92.4 | 125.6 | 83.8 | 3.1 | 15.9 | (46.4) | 0 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | 25.2 | 212.0 | 61.8 | (87.5) | (565.9) | 770.5 | 43.6 | 3.5 | (2.5) | (30.9) | 65.7 | 0 | (4.1) | 6.5 | (1.3) | 3.0 | (1.8) | 0.4 | 0.6 | (0.1) | (10.0) | (46.4) | 38.5 |
| Cash at Beginning | 495.5 | 232.9 | 171.1 | 258.6 | 824.5 | 54.0 | 10.4 | 6.9 | 9.4 | 40.3 | 0 | 0 | 8.9 | 2.5 | 3.8 | 0.8 | 2.5 | 2.1 | 1.6 | 1.6 | 11.7 | 29.3 | 0 |
| Cash at End | 520.8 | 445.0 | 232.9 | 171.1 | 258.6 | 824.5 | 54.0 | 10.4 | 6.9 | 9.4 | 65.7 | 2.1 | 4.8 | 8.9 | 2.5 | 3.8 | 0.8 | 2.5 | 2.1 | 1.6 | 1.6 | (17.1) | 38.5 |
| Free Cash Flow | 3,994.8 | 3,451.9 | 2,890.1 | 2,468.3 | 1,303.1 | 1,106.8 | 1,045.4 | 915.4 | 860.6 | 790.6 | 109.6 | 178.3 | 74.0 | 124.8 | 90.0 | 0.4 | (101.9) | (127.9) | (87.7) | (7.6) | (25.6) | 25 | 38.5 |
| 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 | 5,749.4 | 5,271.1 | 4,079.0 | 3,343.7 | 2,080.5 | 1,647.1 | 1,488.2 | 1,327.8 | 1,215.8 | 1,103.2 | 1,023.3 | 933.5 | 780.2 | 484.6 | 412.4 | 333.4 | 322.6 | 325.0 | 294.3 | 237.4 | 193.3 | 170.5 | 142.3 | 127.3 | 109.8 | 106.3 | 97.9 | 82.7 | 69 | 57.0 | 51.6 | 48.9 | 49.0 |
| Gross Profit | 5,163.0 | 4,893.5 | 3,762.0 | 3,117.4 | 1,946.9 | 1,542.5 | 1,399.6 | 1,261.5 | 1,146.3 | 1,040.3 | 967.9 | 879.6 | 741.4 | 463.3 | 396.9 | 327.6 | 316.1 | 319.6 | 294.3 | 237.4 | 193.3 | 170.5 | 142.3 | 127.3 | 109.8 | 106.3 | 97.9 | 82.7 | 69 | 57.0 | 51.6 | 48.9 | 49.0 |
| Operating Income | 1,627.1 | 2,320.9 | 1,722.3 | 1,308.5 | 952.0 | 792.2 | 739.1 | 637.6 | 589.1 | 538.4 | 509.4 | 453.9 | 377.7 | 277.6 | 249.4 | 210.7 | 205.3 | 208.9 | 190.1 | 155.5 | 130.7 | 170.5 | 177.4 | 158.9 | 143.8 | 137.5 | 40.0 | 39.2 | 89.5 | 33.1 | 25.6 | 14.1 | 25.7 |
| Net Income | 1,058.6 | 860.8 | 872.3 | 869.4 | 359.5 | 395.5 | 436.5 | 363.6 | 318.8 | 315.6 | 283.8 | 270.6 | 245.6 | 146.0 | 157.0 | 130.8 | 131.1 | 131.8 | 140.4 | 110.8 | 99.1 | 82.9 | 86.4 | 78.7 | 67.6 | 54.8 | 46.2 | 41.3 | 34.8 | 32.2 | 25.6 | 15.2 | 29.3 |
| EPS (Diluted) | 1.17 | 0.98 | 1.26 | 1.42 | 0.87 | 1.14 | 1.38 | 1.26 | 1.10 | 1.13 | 1.09 | 1.03 | 1.06 | 1.20 | 1.05 | 1.01 | 1.03 | 1.06 | 1.16 | 1.11 | 1.12 | 1.15 | 1.08 | 1.01 | 0.88 | 0.85 | 0.76 | 0.78 | 0.74 | 0.70 | 0.56 | 0.39 | 0.74 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 434.8 | 445.0 | 232.9 | 171.1 | 258.6 | 824.5 | 54.0 | 10.4 | 6.9 | 9.4 | 10.0 | 46.8 | 2.1 | 4.8 | 8.9 | 2.5 | 3.8 | 0.8 | 2.5 | 2.1 | 1.6 | 1.6 | 0 | 29.3 | |||||||||
| Total Assets | 72,795.6 | 68,835.0 | 57,779.4 | 49,673.1 | 43,137.5 | 20,740.3 | 18,554.8 | 15,260.5 | 14,058.2 | 13,152.9 | 2,914.8 | 2,994.2 | 1,442.3 | 1,360.3 | 1,080.2 | 1,003.7 | 934.8 | 905.4 | 759.2 | 577.0 | 454.1 | 417.6 | 352.8 | 384.5 | |||||||||
| Total Debt | 32,853.3 | 26,757.1 | 21,989.7 | 18,600.3 | 15,948.4 | 8,938.3 | 8,029.8 | 6,505.6 | 6,116.8 | 5,844.6 | 1,354.6 | 1,370 | 503.6 | 506.4 | 339.7 | 315.3 | 404 | 349.2 | 294.8 | 132.6 | 70 | 18.6 | 12.6 | 0.3 | |||||||||
| Stockholders' Equity | 39,438.7 | 38,840.7 | 32,941.5 | 28,713.1 | 25,052.6 | 10,985.5 | 9,774.5 | 8,088.7 | 7,371.5 | 6,766.8 | 1,488.0 | 1,554.7 | 913.7 | 827.8 | 722.5 | 671.8 | 515.6 | 534.8 | 450.2 | 433.3 | 374.2 | 381.4 | 335.4 | 381.9 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 3,994.8 | 3,573.3 | 2,958.8 | 2,563.9 | 1,322.2 | 1,115.5 | 1,068.9 | 940.7 | 875.9 | 804.0 | 109.6 | 178.3 | 74.0 | 124.8 | 90.0 | 56.6 | 72.2 | 64.6 | 52.7 | 48.1 | 40.3 | 28.5 | 38.5 | ||||||||||
| Capital Expenditure | 0 | (121.4) | (68.7) | (95.5) | (19.1) | (8.7) | (23.5) | (25.4) | (15.2) | (13.4) | 0 | 0 | 0 | 0 | 0 | (56.1) | (174.1) | (192.6) | (140.4) | (55.7) | (65.9) | (3.5) | 0 | ||||||||||
| Free Cash Flow | 3,994.8 | 3,451.9 | 2,890.1 | 2,468.3 | 1,303.1 | 1,106.8 | 1,045.4 | 915.4 | 860.6 | 790.6 | 109.6 | 178.3 | 74.0 | 124.8 | 90.0 | 0.4 | (101.9) | (127.9) | (87.7) | (7.6) | (25.6) | 25 | 38.5 | ||||||||||