Philip Morris International Inc. logo PM - Philip Morris International Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 17
HOLD 7
SELL 1
STRONG
SELL 0
| PRICE TARGET: $187.60 DETAILS
HIGH: $205.00
LOW: $168.00
MEDIAN: $190.00
CONSENSUS: $187.60
DOWNSIDE: 0.74%
Annual Quarterly
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1
Revenue
Revenue 10,146 10,362 10,845 10,140 9,301 9,706 9,911 9,468 8,793 9,047 9,141 8,967 8,019 8,152 8,032 7,832 7,746 8,104 8,122 7,594 7,585 7,444 7,446 6,651 7,153 7,713 7,642 7,699 6,751 7,499 7,504 7,726 6,896 8,294 7,473 6,917 6,064 6,971 6,982 6,649 6,083 6,392 6,927 6,859 6,616 7,197 7,856 7,797 6,917 7,789 7,927 7,917 7,584 7,889 7,920 8,120 7,448 7,671 8,362 8,273 6,791 7,037 6,614 7,061 6,496 6,717 6,587 6,134 5,597 5,713 6,953 6,709 5,921 5,498 5,916 5,835 5,549 (15,426) 12,065 12,065 12,065
Cost of Revenue 3,241 3,560 3,487 3,279 3,040 3,423 3,366 3,345 3,195 3,426 3,154 3,228 3,020 3,083 2,935 2,648 2,582 2,807 2,596 2,353 2,292 2,572 2,416 2,179 2,402 2,778 2,605 2,665 2,465 2,781 2,618 2,744 2,615 3,001 2,735 2,519 2,177 2,499 2,432 2,364 2,096 2,375 2,383 2,378 2,229 2,632 2,734 2,696 2,374 2,602 2,618 2,701 2,489 2,681 2,584 2,666 2,442 2,692 2,847 2,844 2,295 2,501 2,290 2,550 2,372 2,546 2,320 2,185 1,971 2,086 2,481 2,462 2,299 2,126 2,229 2,244 2,121 0 0 0 0
Gross Profit 6,905 6,802 7,358 6,861 6,261 6,283 6,545 6,123 5,598 5,621 5,987 5,739 4,999 5,069 5,097 5,184 5,164 5,297 5,526 5,241 5,293 4,872 5,030 4,472 4,751 4,935 5,037 5,034 4,286 4,718 4,886 4,982 4,281 5,293 4,738 4,398 3,887 4,472 4,550 4,285 3,987 4,017 4,544 4,481 4,387 4,565 5,122 5,101 4,543 5,187 5,309 5,216 5,095 5,208 5,336 5,454 5,006 4,979 5,515 5,429 4,496 4,536 4,324 4,511 4,124 4,171 4,267 3,949 3,626 3,627 4,472 4,247 4,031 3,372 3,687 3,591 3,428 12,065 12,065 12,065 12,065
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 642 0 0 0 617 0 0 0 495 0 0 0 465 0 0 0 383 0 0 0 453 0 0 0 429 0 0 0 423 0 0 0 433 0 0 0 449 0 0 0 415 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 2,857 3,429 3,095 3,108 2,717 3,024 2,891 2,371 2,769 2,031 2,614 3,062 2,272 2,417 1,664 2,133 1,844 2,337 2,098 2,120 2,070 1,978 1,792 1,744 1,967 2,441 2,254 1,851 2,238 2,019 1,717 1,874 1,839 1,952 1,649 1,655 1,469 1,842 1,554 1,513 1,496 2,028 1,566 1,568 1,494 1,975 1,763 1,716 1,547 5,229 1,687 1,850 1,677 1,935 1,655 1,817 1,571 1,969 1,770 1,692 1,449 1,743 1,446 1,582 1,389 1,684 1,398 1,498 1,290 1,677 1,556 1,584 1,184 1,329 1,171 1,292 1,229 0 0 0 0
Other Expenses 155 0 0 0 0 0 0 308 (216) 701 (8) 111 (4) (914) 465 (5) 22 (604) (27) (8) 0 (506) (5) (3) (5) (477) (5) (4) (2) (386) 13 15 16 (430) 1 8 3 (411) 19 3 18 (335) 19 5 6 (375) 14 511 43 (3,694) 23 45 40 (358) 58 25 24 81 68 24 24 50 42 23 20 20 18 21 15 15 13 55 32 10 6 82 68 12,065 0 0 0
Operating Expenses 3,012 3,429 3,095 3,108 2,717 3,024 2,891 2,679 2,553 2,732 2,606 3,173 2,268 2,145 2,129 2,128 1,866 2,350 2,071 2,112 2,070 1,967 1,787 1,741 1,962 2,429 2,249 1,847 2,236 2,016 1,730 1,889 1,855 1,975 1,650 1,663 1,472 1,860 1,573 1,516 1,514 2,116 1,585 1,573 1,500 2,033 1,777 2,227 1,590 1,984 1,710 1,895 1,717 1,992 1,713 1,842 1,595 2,050 1,838 1,716 1,473 1,793 1,488 1,605 1,409 1,704 1,416 1,519 1,305 1,692 1,569 1,639 1,216 1,339 1,177 1,374 1,297 12,065 0 0 0
Operating Income
Operating Income 3,893 3,373 4,263 3,753 3,544 3,259 3,654 3,444 3,045 2,889 3,370 2,566 2,731 2,924 2,968 3,056 3,298 2,960 3,455 3,129 3,223 2,905 3,243 2,731 2,789 2,506 2,790 3,190 2,049 2,702 3,149 3,087 2,420 3,318 3,088 2,737 2,416 2,612 2,977 2,753 2,473 1,901 2,959 2,892 2,871 2,532 3,336 2,874 2,974 3,367 3,599 3,342 3,394 3,316 3,623 3,604 3,403 (10,396) (4) 3,712 3,007 2,743 2,836 2,906 2,715 2,441 2,850 2,429 2,320 1,935 2,890 2,608 3,138 2,030 2,495 2,217 2,131 (27,827) 12,065 12,065 12,065
Interest Expense 237 839 230 277 241 946 189 329 299 738 261 297 230 170 138 126 154 146 154 161 167 164 163 162 129 136 132 150 152 125 145 168 227 259 223 213 219 379 220 223 247 351 247 259 275 381 267 254 268 383 239 246 236 374 211 209 213 321 192 208 213 216 214 223 223 225 221 193 158 106 69 61 75 13 0 3 10 0 0 0 0
Interest Income 0 0 0 0 0 620 0 0 0 465 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 0 178 0 0 0 124 0 0 0 118 0 0 0 131 0 0 0 148 0 0 0 134 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16 0 0 0 0 0 0
Profitability
EBITDA 4,291 4,506 4,754 4,191 4,012 4,340 4,137 3,875 3,397 4,058 3,791 2,861 3,008 3,387 3,319 3,338 3,548 3,245 3,710 3,341 3,711 3,258 3,459 2,938 3,007 2,959 3,005 3,399 2,269 3,125 3,395 3,333 2,662 3,561 3,293 2,931 2,593 2,807 3,165 2,938 2,648 2,218 3,143 3,077 3,063 2,793 3,569 3,579 3,185 3,712 3,817 3,561 3,616 3,499 3,839 3,826 3,630 3,320 3,932 3,961 3,246 3,076 3,066 3,130 2,735 2,684 3,063 2,632 2,514 2,285 2,929 2,859 2,748 2,251 2,702 2,468 2,356 (27,827) 12,065 12,065 12,065
EBIT 4,291 3,985 4,249 3,701 3,532 3,863 3,639 3,430 3,030 3,689 3,362 2,560 2,709 3,096 2,961 3,051 3,294 2,960 3,471 3,102 3,466 2,986 3,220 2,709 2,766 2,704 2,768 3,167 2,029 2,870 3,149 3,087 2,420 3,318 3,053 2,721 2,393 2,612 2,977 2,753 2,473 2,025 2,959 2,892 2,871 2,564 3,345 3,363 2,974 3,489 3,599 3,337 3,391 3,266 3,623 3,604 3,403 3,070 3,677 3,712 3,007 2,821 2,836 2,906 2,715 2,438 2,851 2,430 2,321 2,068 2,903 2,656 2,547 2,033 2,510 2,293 2,193 (27,827) 12,065 12,065 12,065
Income Before Tax 3,258 2,925 4,364 3,800 3,496 2,065 3,950 3,262 2,922 2,633 3,202 2,242 2,530 2,903 2,844 2,940 3,084 2,822 3,323 2,944 3,292 2,732 3,077 2,577 2,583 2,405 2,681 3,047 1,888 2,554 3,032 2,939 2,206 3,061 2,857 2,531 2,177 2,411 2,757 2,530 2,235 1,710 2,732 2,659 2,619 2,300 3,116 2,647 2,692 2,929 3,354 3,086 3,151 2,990 3,412 3,395 3,190 (9,783) 7 3,504 2,794 2,527 2,622 2,683 2,492 2,216 2,629 2,236 2,162 1,829 2,821 2,547 2,740 2,017 2,511 2,214 2,121 3,615 1,537 1,537 1,537
Income Tax Expense 676 675 751 652 659 235 735 734 676 320 1,031 560 428 409 622 594 619 593 735 646 697 613 640 528 596 623 635 611 424 551 691 644 559 2,265 812 689 541 658 764 716 630 412 748 743 785 651 918 752 776 893 952 892 933 799 1,088 988 958 803 1,024 1,019 807 717 730 641 738 632 775 639 645 519 667 790 811 568 710 668 618 0 0 0 0
Net Income 2,438 2,141 3,478 3,039 2,690 (579) 3,082 2,406 2,148 2,196 2,054 1,568 1,995 2,397 2,087 2,233 2,331 2,093 2,426 2,172 2,418 1,976 2,307 1,947 1,826 1,616 1,896 2,319 1,354 1,910 2,247 2,198 1,556 694 1,970 1,781 1,590 1,711 1,938 1,788 1,530 1,249 1,942 1,887 1,795 1,612 2,155 1,851 1,875 1,987 2,340 2,124 2,125 2,095 2,227 2,317 2,161 1,886 2,377 2,409 1,919 1,752 1,822 1,982 1,703 1,522 1,798 1,546 1,476 1,251 2,080 1,692 1,867 1,373 1,725 1,483 1,445 1,536 1,537 1,537 1,537
Per Share Data
EPS (Basic) 1.56 1.37 2.23 1.95 1.72 -0.37 1.98 1.54 1.38 1.41 1.32 1.01 1.28 1.54 1.34 1.44 1.50 1.34 1.55 1.39 1.55 1.27 1.48 1.25 1.17 1.04 1.22 1.49 0.87 1.23 1.44 1.41 1.00 0.45 1.27 1.14 1.02 1.10 1.25 1.15 0.98 0.80 1.25 1.21 1.16 1.03 1.38 1.17 1.18 1.24 1.44 1.30 1.28 1.24 1.32 1.36 1.25 1.09 1.35 1.35 1.06 0.95 0.99 1.07 0.90 0.78 0.93 0.79 0.74 0.60 1.01 0.81 0.79 0.65 0.82 0.70 0.69 0.73 0.73 0.73 0.73
EPS (Diluted) 1.56 1.37 2.23 1.95 1.72 -0.37 1.97 1.54 1.38 1.41 1.32 1.01 1.28 1.54 1.34 1.43 1.50 1.34 1.55 1.39 1.55 1.27 1.48 1.25 1.17 1.04 1.22 1.49 0.87 1.23 1.44 1.41 1.00 0.45 1.27 1.14 1.02 1.10 1.25 1.15 0.98 0.80 1.25 1.21 1.16 1.03 1.38 1.17 1.18 1.23 1.44 1.30 1.28 1.24 1.32 1.36 1.25 1.09 1.35 1.35 1.06 0.95 1.00 1.07 0.90 0.78 0.93 0.79 0.74 0.60 1.01 0.80 0.79 0.65 0.82 0.70 0.69 0.73 0.73 0.73 0.73
Shares Outstanding 1,562.8 1,557 1,557 1,557 1,554 1,554 1,555 1,555 1,553 1,552 1,552 1,552 1,552 1,550 1,550 1,551 1,550 1,556 1,558 1,558 1,558 1,557 1,558 1,558 1,557 1,556 1,556 1,556 1,555 1,555 1,555 1,555 1,553 1,553 1,553 1,553 1,552 1,551 1,551 1,551 1,550 1,549 1,549 1,549 1,548 1,551 1,560 1,571 1,583 1,598 1,614 1,631 1,646 1,665 1,683 1,701 1,719 1,725.9 1,749 1,772 1,793 1,839 1,828 1,846 1,874 1,943 1,927 1,955 1,993 2,068 2,051 2,095 2,108 2,101 2,109 2,109 2,109 2,109.3 2,109.3 2,108 2,109.3
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2 2010 Q1 2009 Q4 2009 Q2 2009 Q1 2001 Q3 2001 Q2
Current Assets
Cash & Cash Equivalents 5,450 4,872 4,037 4,138 4,443 4,216 4,258 4,876 4,099 3,060 3,017 3,492 2,428 3,207 5,368 5,036 4,622 4,496 4,491 4,915 3,902 7,280 4,821 4,200 3,746 6,861 6,507 4,008 3,081 6,593 5,880 6,587 7,200 8,447 7,667 6,197 5,076 4,239 4,884 3,814 2,944 1,584 850 1,540 2,602 2,361 4,491 0
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 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 6,390 5,810 5,823 5,889 5,793 4,675 5,191 5,117 5,052 4,391 4,789 5,012 4,599 4,756 4,611 4,593 4,418 3,940 4,182 4,445 4,087 3,761 3,712 3,944 3,334 3,717 3,729 4,074 3,535 3,564 3,522 3,772 3,894 3,738 3,985 3,648 3,090 3,499 3,100 3,085 2,989 3,232 3,186 3,098 3,171 2,602 0 0
Inventory 0 11,478 10,267 10,728 10,127 9,453 9,355 9,382 9,970 10,774 9,645 9,900 10,712 9,886 7,153 7,551 8,684 8,720 8,173 8,690 9,019 9,591 8,160 8,968 9,045 9,235 8,529 8,255 8,318 8,804 8,440 8,925 8,592 8,806 8,283 7,730 8,007 9,017 7,486 7,989 8,699 7,502 8,279 9,207 8,229 7,824 0 0
Other Current Assets 13,762 2,203 2,538 2,609 1,833 1,826 1,991 1,653 1,753 1,530 1,742 1,432 1,832 1,770 1,903 1,196 1,000 561 1,000 693 902 860 760 664 736 701 810 826 807 481 696 744 907 603 924 857 711 853 1,104 1,158 1,296 606 763 837 729 853 0 0
Total Current Assets 25,602 24,363 22,665 23,364 22,196 20,170 20,796 21,028 20,874 19,755 19,193 19,836 19,571 19,619 19,035 18,376 18,724 17,717 17,846 18,743 17,910 21,492 17,453 17,776 16,861 20,514 19,575 17,163 15,741 19,442 18,538 20,028 20,593 21,594 20,859 18,432 16,884 17,608 16,574 16,046 15,928 12,924 13,078 14,682 14,731 13,640 4,491 0
Non-Current Assets
Property, Plant & Equipment 8,259 8,397 8,115 8,043 7,532 7,310 7,548 7,264 7,201 7,516 6,883 6,991 6,788 6,710 5,610 5,965 6,004 6,168 6,061 5,975 5,952 6,365 6,134 6,184 6,107 6,631 6,636 6,917 6,894 7,201 7,138 7,113 7,459 7,271 6,857 6,629 6,264 6,064 6,133 5,931 5,865 6,162 6,530 6,390 6,121 5,752 6,061 0
Goodwill 17,069 17,264 17,181 17,225 16,864 16,600 17,144 16,819 16,458 16,779 16,509 19,236 19,866 19,655 6,127 6,318 6,632 6,680 6,814 5,842 5,768 5,964 5,647 5,653 5,284 5,858 5,720 5,828 5,775 7,189 7,271 7,312 7,667 7,666 7,681 7,614 7,485 7,324 7,646 7,622 7,683 9,790 9,974 9,112 8,414 7,646 6,814 0
Intangible Assets 10,512 10,884 11,146 11,382 11,345 11,327 11,916 12,171 9,448 9,864 9,579 6,630 6,732 6,732 2,224 2,656 2,786 2,818 2,893 1,958 1,952 2,019 1,926 1,948 1,850 2,113 2,088 2,130 2,129 2,278 2,317 2,336 2,455 2,432 2,501 2,527 2,517 2,470 2,578 2,603 2,664 3,779 3,877 3,546 3,321 3,169 2,893 38
Long-Term Investments 2,478 2,891 3,133 3,352 2,972 2,654 5,631 5,255 5,183 4,929 4,691 4,747 4,504 4,431 4,087 4,328 4,312 4,463 4,624 4,633 4,637 4,798 4,579 4,516 4,390 4,635 4,499 4,665 4,578 1,269 1,361 1,352 1,395 1,074 1,080 1,072 1,079 1,011 986 948 942 (174) (308) 0 (181) (163) 0 0
Other Non-Current Assets 4,993 4,139 3,764 4,029 2,883 2,783 2,845 2,327 5,201 5,647 5,495 2,718 4,014 3,931 2,952 2,603 2,581 2,549 2,268 2,423 2,515 2,767 2,165 1,926 1,889 1,971 1,934 2,178 1,974 1,445 1,765 1,671 2,351 1,924 1,835 1,586 1,564 1,515 1,603 1,597 1,448 669 714 822 540 537 0 0
Total Non-Current Assets 43,311 44,822 44,396 45,142 42,883 41,614 46,096 44,754 44,441 45,549 43,734 42,032 42,489 42,062 21,682 22,584 23,009 23,573 23,743 21,943 21,894 23,323 21,676 21,386 20,633 22,361 21,845 22,760 22,301 20,359 20,842 20,693 22,477 21,374 21,092 20,228 19,743 19,243 19,003 18,756 18,693 20,400 21,095 19,870 18,396 17,104 15,768 38
Total Assets 68,913 69,185 67,061 68,506 65,079 61,784 66,892 65,782 65,315 65,304 62,927 61,868 62,060 61,681 40,717 40,960 41,733 41,290 41,589 40,686 39,804 44,815 39,129 39,162 37,494 42,875 41,420 39,923 38,042 39,801 39,380 40,721 43,070 42,968 41,951 38,660 36,627 36,851 35,577 34,802 34,621 33,324 34,173 34,552 33,127 30,744 41,589 38
Current Liabilities
Account Payables 3,927 4,407 3,978 3,870 3,749 3,952 3,511 3,591 3,648 4,143 3,533 3,786 3,945 4,076 3,342 3,279 3,203 3,331 2,810 2,630 2,537 2,780 2,155 1,991 2,073 2,299 1,704 1,708 1,812 2,068 1,662 1,953 2,156 2,242 1,973 1,909 1,746 1,666 1,573 1,547 1,496 871 956 670 774 765 0 0
Short-Term Debt 8,140 3,701 8,219 9,031 10,798 3,529 4,985 4,492 5,704 6,666 4,801 6,493 6,705 8,248 5,459 5,707 5,338 3,023 3,337 1,744 2,122 3,368 2,144 2,585 3,371 4,389 5,390 5,031 7,133 4,784 3,587 3,617 5,270 3,005 5,910 5,152 2,758 3,216 3,127 1,871 3,110 935 1,201 1,744 594 913 223 0
Deferred Revenue 0 0 0 0 0 0 0 (3,591) (3,648) 0 0 (3,786) 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 (871) (956) 8,323 (774) 6,109 720 0
Other Current Liabilities 5,646 1,545 1,402 1,252 1,016 1,305 12,576 5,873 5,971 13,154 11,000 6,384 10,461 12,804 9,959 9,820 10,108 1,146 9,725 9,714 8,598 1,189 9,398 9,500 9,546 1,042 813 748 713 8,969 8,910 10,592 8,984 9,047 9,343 9,018 7,802 9,953 7,814 790 826 1,672 2,251 (6,736) 1,963 (5,088) 0 3,140
Total Current Liabilities 26,222 25,427 26,719 28,148 28,087 22,915 23,366 22,416 22,168 26,383 21,547 23,245 22,985 27,336 20,772 20,547 20,417 19,255 17,877 15,884 15,215 19,615 15,525 15,792 16,584 18,833 18,045 18,046 18,486 17,191 15,599 17,441 17,688 15,962 18,514 17,243 13,355 16,467 14,258 12,672 14,091 9,989 9,580 11,178 9,666 8,135 943 3,140
Non-Current Liabilities
Long-Term Debt 43,808 45,134 41,863 42,431 38,781 42,166 44,237 44,647 44,683 41,243 42,914 41,400 40,416 34,875 21,762 22,345 24,019 24,783 25,768 27,414 27,276 28,168 27,346 27,043 24,999 26,656 26,426 24,858 23,131 26,975 28,179 28,048 29,578 31,334 28,065 26,595 28,588 25,851 26,960 28,098 26,683 14,296 14,809 13,672 13,480 13,144 3,114 0
Deferred Tax Liabilities 2,013 2,065 1,999 2,152 2,817 2,517 2,547 2,651 2,664 2,335 2,903 1,710 1,822 1,956 923 856 751 726 720 505 511 684 661 775 838 908 905 786 921 898 809 793 822 799 1,037 1,362 1,739 1,897 1,376 1,463 1,378 1,953 1,701 1,688 1,449 1,458 0 0
Other Non-Current Liabilities 4,170 4,587 5,464 5,787 4,320 4,056 4,455 4,010 4,363 4,789 3,269 3,473 3,890 3,825 4,663 4,472 4,749 4,734 5,856 6,083 6,376 6,979 5,842 5,672 6,136 6,077 5,199 5,642 5,689 5,476 4,735 4,607 5,464 5,103 3,968 3,737 3,502 3,536 3,300 3,368 3,363 1,536 1,718 609 1,845 1,855 46,164 0
Total Non-Current Liabilities 49,991 51,786 49,326 50,370 45,918 48,739 51,239 51,308 51,710 48,367 49,086 46,583 46,128 40,656 27,348 27,673 29,519 30,243 32,344 34,002 34,163 35,831 33,849 33,490 31,973 33,641 32,530 31,286 29,741 33,349 33,723 33,448 35,864 37,236 33,070 31,694 33,829 31,284 31,636 32,929 31,424 17,785 18,228 17,229 16,774 16,457 49,278 0
Total Liabilities 76,213 77,213 76,045 78,518 74,005 71,654 74,605 73,724 73,878 74,750 70,633 69,828 69,113 67,992 48,120 48,220 49,936 49,498 50,221 49,886 49,378 55,446 49,374 49,282 48,557 52,474 50,575 49,332 48,227 50,540 49,322 50,889 53,552 53,198 51,584 48,937 47,184 47,751 45,894 45,601 45,515 27,774 27,808 28,407 26,440 24,592 50,221 3,140
Stockholders' Equity
Common Stock 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 35,538 35,400 35,557 34,376 33,447 32,869 35,556 34,582 34,208 34,090 33,919 33,893 34,303 34,289 33,865 33,755 33,468 33,082 32,935 32,465 32,178 31,638 31,537 31,103 30,984 30,987 31,197 31,128 30,588 31,014 30,877 30,406 29,985 29,859 30,831 30,528 30,367 30,397 30,305 29,985 29,785 16,888 15,977 15,358 14,251 13,758 0 0
Accumulated Other Comprehensive Income (11,788) (12,296) (13,320) (13,153) (11,117) (11,314) (11,892) (10,930) (11,065) (11,815) (9,817) (10,045) (9,614) (9,559) (9,288) (9,043) (9,760) (9,577) (10,520) (10,665) (10,746) (11,181) (10,567) (10,009) (10,774) (9,363) (8,966) (9,051) (9,237) (10,111) (9,199) (8,908) (8,883) (8,535) (8,797) (9,070) (9,265) (9,559) (8,889) (8,955) (8,914) (1,301) (553) (817) (1,719) (2,969) 0 0
Total Stockholders' Equity (9,279) (9,994) (10,914) (11,966) (10,901) (11,750) (9,694) (9,744) (10,309) (11,225) (9,433) (9,703) (8,924) (8,957) (9,137) (9,044) (10,098) (10,106) (10,551) (11,113) (11,548) (12,567) (12,092) (11,997) (12,944) (11,577) (11,010) (11,199) (11,968) (12,459) (11,720) (11,915) (12,350) (12,086) (11,407) (12,008) (12,392) (12,688) (12,142) (12,556) (12,753) 4,065 4,876 5,716 6,377 5,906 (8,632) (3,102)
Total Liabilities & Equity 68,913 69,185 67,061 68,506 65,079 61,784 66,892 65,782 65,315 65,304 62,927 61,868 62,060 61,681 40,717 40,960 41,733 41,290 41,589 40,686 39,804 44,815 39,129 39,162 37,494 42,875 41,420 39,923 38,042 39,801 39,380 40,721 43,070 42,968 41,951 38,660 36,627 36,851 35,577 34,802 34,621 33,324 34,173 34,552 33,127 30,744 41,589 38
Debt Metrics
Total Debt 51,948 48,835 50,082 51,462 49,579 45,695 49,222 49,139 50,387 47,909 47,715 47,893 47,121 43,123 27,221 28,052 29,357 27,806 29,105 29,158 29,398 31,536 29,490 29,628 28,370 31,045 31,816 29,889 30,264 31,759 31,766 31,665 34,848 34,339 33,975 31,747 31,346 29,067 30,087 29,969 29,793 15,231 16,010 15,416 14,074 14,057 3,337 0
Net Debt 46,498 43,963 46,045 47,324 45,136 41,479 44,964 44,263 46,288 44,849 44,698 44,401 44,693 39,916 21,853 23,016 24,735 23,310 24,614 24,243 25,496 24,256 24,669 25,428 24,624 24,184 25,309 25,881 27,183 25,166 25,886 25,078 27,648 25,892 26,308 25,550 26,270 24,828 25,203 26,155 26,849 13,647 15,160 13,876 11,472 11,696 (1,154) 0
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Operating Activities
Net Income 2,438 2,250 3,613 3,148 2,837 (486) 3,215 2,528 2,246 2,196 2,054 1,568 2,102 2,494 2,222 2,346 2,331 2,093 2,426 2,172 2,418 2,119 2,307 2,049 1,826 1,616 1,896 2,319 1,354 1,910 2,247 2,198 1,556 796 1,970 1,781 1,590 1,711 1,938 1,842 1,530
Depreciation & Amortization 510 521 505 490 480 477 498 445 367 369 429 301 299 291 358 287 253 279 235 239 245 272 239 229 241 255 237 232 240 255 246 246 242 243 225 210 197 195 188 185 175
Stock-Based Compensation 0 0 0 0 0 0 0 0 0 37 0 54 77 30 48 45 60 46 45 67 0 39 28 38 62 38 37 43 54 32 13 0 59 0 30 33 52 32 32 36 53
Change in Working Capital (3,873) 2,268 115 (152) (3,791) 1,544 (121) 1,674 (2,420) 989 620 911 (3,476) 573 468 820 (1,571) 1,605 1,075 1,113 (2,402) 675 1,073 (295) (1,045) 933 (201) 805 (369) 222 (907) 1,523 (535) 2,028 75 1,131 (1,037) 52 874 239 (1,310)
Other Non-Cash Items 593 84 388 133 191 2,487 (211) 2 (28) 75 67 723 139 (207) 30 113 46 8 109 70 141 13 60 (26) 51 499 113 74 56 61 81 97 32 0 45 30 14 27 54 38 4
Operating Cash Flow (399) 4,709 4,462 3,412 (350) 4,002 3,342 4,632 241 3,302 3,415 3,442 (955) 3,093 3,068 3,524 1,118 4,032 3,870 3,630 435 3,162 3,614 1,925 1,111 3,324 2,083 3,442 1,241 2,422 1,683 3,993 1,380 2,921 1,920 3,228 843 2,149 3,092 2,374 462
Investing Activities
Capital Expenditure (353) (444) (365) (356) (404) (278) (379) (370) (417) (311) (371) (360) (279) (347) (252) (249) (229) (289) (152) (128) (179) (140) (152) (140) (170) (156) (194) (178) (324) (334) (328) (409) (365) (553) (435) (268) (292) (438) (254) (254) (226)
Acquisitions 0 (17) (13) 7 0 80 (11) (49) (20) 1,775 (1,795) (83) (8) (13,976) (121) (277) (20) (250) (1,868) (27) 0 (44) 0 (1) (2) 0 (3) (4) (1,370) (22) (11) (12) (18) (71) (21) (14) (5) (15) (10) (9) (7)
Purchases of Investments (5) 0 0 0 0 0 0 0 0 111 (20) (83) (8) 0 0 0 (20) (8) (26) 0 0 0 0 0 (2) 0 0 0 (24) 0 0 0 (18) 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 (111) 20 83 8 0 0 0 0 0 0 0 0 0 0 0 686 0 0 0 115 0 0 0 (647) 0 0 0 0 0 0 0 0
Other Investing Activities 355 33 (411) (1,967) (30) 639 (613) 82 244 (2,032) 210 (40) (304) (1,205) 277 667 73 207 156 (28) 234 (402) (282) (507) 2 (28) 319 29 7 522 (142) 756 30 (98) (597) (378) (282) 428 (242) 245 (186)
Investing Cash Flow (3) (428) (789) (2,316) (434) 441 (1,003) (337) (193) (568) (1,956) (483) (591) (15,528) (96) 141 (196) (340) (1,890) (183) 55 (586) (434) (648) 514 (184) 122 (153) (1,596) 166 (481) 335 (1,018) (722) (1,053) (660) (579) (25) (506) (18) (419)
Financing Activities
Net Debt Issuance 3,381 (1,307) (1,411) 945 3,479 (2,651) (558) (1,414) 3,000 (704) 330 404 3,672 13,536 (208) (877) 1,725 (1,045) 90 (406) (1,681) 1,572 (487) 1,078 (2,519) (1,051) 2,280 (457) (1,315) 179 (44) (2,467) 103 224 2,015 (109) 2,042 (278) 56 338 1,015
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (209) (681) (94) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (2,307) (2,295) (2,107) (2,106) (2,116) (2,106) (2,027) (2,027) (2,037) (2,023) (1,977) (1,977) (1,987) (1,973) (1,942) (1,945) (1,952) (1,952) (1,876) (1,873) (1,879) (1,879) (1,827) (1,830) (1,828) (1,825) (1,779) (1,777) (1,780) (1,775) (1,778) (1,673) (1,659) (1,666) (1,618) (1,618) (1,618) (1,619) (1,586) (1,588) (1,585)
Other Financing Activities 22 21 (143) (400) (692) 654 (396) (91) 172 (170) (118) (211) (821) (1,686) (121) (277) (265) (123) (173) (195) (89) (158) (214) (202) (202) (83) (48) (170) (56) (151) (67) (137) (182) (95) (38) (205) (83) 44 (36) (151) (23)
Financing Cash Flow 1,096 (3,581) (3,661) (1,561) 671 (4,103) (2,981) (3,532) 1,135 (2,897) (1,765) (1,784) 864 9,877 (2,271) (3,099) (701) (3,801) (2,053) (2,474) (3,649) (465) (2,528) (954) (4,549) (2,959) 453 (2,404) (3,151) (1,747) (1,889) (4,277) (1,738) (1,537) 359 (1,932) 341 (1,853) (1,566) (1,401) (593)
Cash Position
Net Change in Cash 578 831 (115) (300) 222 (47) (575) 777 953 112 (478) 1,066 (771) (2,157) 331 417 126 (300) (120) 1,014 (3,379) 2,458 620 457 (3,115) 354 2,498 927 (3,534) 707 (709) (609) (1,245) 780 1,470 1,121 837 (645) 1,070 870 (473)
Cash at Beginning 4,892 4,061 4,176 4,476 4,254 4,301 4,876 4,099 3,146 3,034 3,512 2,446 3,217 5,374 5,043 4,626 4,500 4,800 4,920 3,906 7,285 4,827 4,207 3,750 6,865 6,511 4,013 3,086 6,620 5,913 6,622 7,231 8,476 7,667 6,197 5,076 4,239 4,884 3,814 2,944 3,417
Cash at End 5,470 4,892 4,061 4,176 4,476 4,254 4,301 4,876 4,099 3,146 3,034 3,512 2,446 3,217 5,374 5,043 4,626 4,500 4,800 4,920 3,906 7,285 4,827 4,207 3,750 6,865 6,511 4,013 3,086 6,620 5,913 6,622 7,231 8,447 7,667 6,197 5,076 4,239 4,884 3,814 2,944
Free Cash Flow (752) 4,265 4,097 3,056 (754) 3,724 2,963 4,262 (176) 2,991 3,044 3,082 (1,234) 2,746 2,816 3,275 889 3,743 3,718 3,502 256 3,022 3,462 1,785 941 3,168 1,889 3,264 917 2,088 1,355 3,584 1,015 2,368 1,485 2,960 551 1,711 2,838 2,120 236
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1 2009 Q4 2009 Q3 2009 Q2 2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1
Income Statement
Revenue 10,146 10,362 10,845 10,140 9,301 9,706 9,911 9,468 8,793 9,047 9,141 8,967 8,019 8,152 8,032 7,832 7,746 8,104 8,122 7,594 7,585 7,444 7,446 6,651 7,153 7,713 7,642 7,699 6,751 7,499 7,504 7,726 6,896 8,294 7,473 6,917 6,064 6,971 6,982 6,649 6,083 6,392 6,927 6,859 6,616 7,197 7,856 7,797 6,917 7,789 7,927 7,917 7,584 7,889 7,920 8,120 7,448 7,671 8,362 8,273 6,791 7,037 6,614 7,061 6,496 6,717 6,587 6,134 5,597 5,713 6,953 6,709 5,921 5,498 5,916 5,835 5,549 (15,426) 12,065 12,065 12,065
Gross Profit 6,905 6,802 7,358 6,861 6,261 6,283 6,545 6,123 5,598 5,621 5,987 5,739 4,999 5,069 5,097 5,184 5,164 5,297 5,526 5,241 5,293 4,872 5,030 4,472 4,751 4,935 5,037 5,034 4,286 4,718 4,886 4,982 4,281 5,293 4,738 4,398 3,887 4,472 4,550 4,285 3,987 4,017 4,544 4,481 4,387 4,565 5,122 5,101 4,543 5,187 5,309 5,216 5,095 5,208 5,336 5,454 5,006 4,979 5,515 5,429 4,496 4,536 4,324 4,511 4,124 4,171 4,267 3,949 3,626 3,627 4,472 4,247 4,031 3,372 3,687 3,591 3,428 12,065 12,065 12,065 12,065
Operating Income 3,893 3,373 4,263 3,753 3,544 3,259 3,654 3,444 3,045 2,889 3,370 2,566 2,731 2,924 2,968 3,056 3,298 2,960 3,455 3,129 3,223 2,905 3,243 2,731 2,789 2,506 2,790 3,190 2,049 2,702 3,149 3,087 2,420 3,318 3,088 2,737 2,416 2,612 2,977 2,753 2,473 1,901 2,959 2,892 2,871 2,532 3,336 2,874 2,974 3,367 3,599 3,342 3,394 3,316 3,623 3,604 3,403 (10,396) (4) 3,712 3,007 2,743 2,836 2,906 2,715 2,441 2,850 2,429 2,320 1,935 2,890 2,608 3,138 2,030 2,495 2,217 2,131 (27,827) 12,065 12,065 12,065
Net Income 2,438 2,141 3,478 3,039 2,690 (579) 3,082 2,406 2,148 2,196 2,054 1,568 1,995 2,397 2,087 2,233 2,331 2,093 2,426 2,172 2,418 1,976 2,307 1,947 1,826 1,616 1,896 2,319 1,354 1,910 2,247 2,198 1,556 694 1,970 1,781 1,590 1,711 1,938 1,788 1,530 1,249 1,942 1,887 1,795 1,612 2,155 1,851 1,875 1,987 2,340 2,124 2,125 2,095 2,227 2,317 2,161 1,886 2,377 2,409 1,919 1,752 1,822 1,982 1,703 1,522 1,798 1,546 1,476 1,251 2,080 1,692 1,867 1,373 1,725 1,483 1,445 1,536 1,537 1,537 1,537
EPS (Diluted) 1.56 1.37 2.23 1.95 1.72 -0.37 1.97 1.54 1.38 1.41 1.32 1.01 1.28 1.54 1.34 1.43 1.50 1.34 1.55 1.39 1.55 1.27 1.48 1.25 1.17 1.04 1.22 1.49 0.87 1.23 1.44 1.41 1.00 0.45 1.27 1.14 1.02 1.10 1.25 1.15 0.98 0.80 1.25 1.21 1.16 1.03 1.38 1.17 1.18 1.23 1.44 1.30 1.28 1.24 1.32 1.36 1.25 1.09 1.35 1.35 1.06 0.95 1.00 1.07 0.90 0.78 0.93 0.79 0.74 0.60 1.01 0.80 0.79 0.65 0.82 0.70 0.69 0.73 0.73 0.73 0.73
Balance Sheet
Cash & Equivalents 5,450 4,872 4,037 4,138 4,443 4,216 4,258 4,876 4,099 3,060 3,017 3,492 2,428 3,207 5,368 5,036 4,622 4,496 4,491 4,915 3,902 7,280 4,821 4,200 3,746 6,861 6,507 4,008 3,081 6,593 5,880 6,587 7,200 8,447 7,667 6,197 5,076 4,239 4,884 3,814 2,944 1,584 850 1,540 2,602 2,361 4,491 0
Total Assets 68,913 69,185 67,061 68,506 65,079 61,784 66,892 65,782 65,315 65,304 62,927 61,868 62,060 61,681 40,717 40,960 41,733 41,290 41,589 40,686 39,804 44,815 39,129 39,162 37,494 42,875 41,420 39,923 38,042 39,801 39,380 40,721 43,070 42,968 41,951 38,660 36,627 36,851 35,577 34,802 34,621 33,324 34,173 34,552 33,127 30,744 41,589 38
Total Debt 51,948 48,835 50,082 51,462 49,579 45,695 49,222 49,139 50,387 47,909 47,715 47,893 47,121 43,123 27,221 28,052 29,357 27,806 29,105 29,158 29,398 31,536 29,490 29,628 28,370 31,045 31,816 29,889 30,264 31,759 31,766 31,665 34,848 34,339 33,975 31,747 31,346 29,067 30,087 29,969 29,793 15,231 16,010 15,416 14,074 14,057 3,337 0
Stockholders' Equity (9,279) (9,994) (10,914) (11,966) (10,901) (11,750) (9,694) (9,744) (10,309) (11,225) (9,433) (9,703) (8,924) (8,957) (9,137) (9,044) (10,098) (10,106) (10,551) (11,113) (11,548) (12,567) (12,092) (11,997) (12,944) (11,577) (11,010) (11,199) (11,968) (12,459) (11,720) (11,915) (12,350) (12,086) (11,407) (12,008) (12,392) (12,688) (12,142) (12,556) (12,753) 4,065 4,876 5,716 6,377 5,906 (8,632) (3,102)
Cash Flow
Operating Cash Flow (399) 4,709 4,462 3,412 (350) 4,002 3,342 4,632 241 3,302 3,415 3,442 (955) 3,093 3,068 3,524 1,118 4,032 3,870 3,630 435 3,162 3,614 1,925 1,111 3,324 2,083 3,442 1,241 2,422 1,683 3,993 1,380 2,921 1,920 3,228 843 2,149 3,092 2,374 462
Capital Expenditure (353) (444) (365) (356) (404) (278) (379) (370) (417) (311) (371) (360) (279) (347) (252) (249) (229) (289) (152) (128) (179) (140) (152) (140) (170) (156) (194) (178) (324) (334) (328) (409) (365) (553) (435) (268) (292) (438) (254) (254) (226)
Free Cash Flow (752) 4,265 4,097 3,056 (754) 3,724 2,963 4,262 (176) 2,991 3,044 3,082 (1,234) 2,746 2,816 3,275 889 3,743 3,718 3,502 256 3,022 3,462 1,785 941 3,168 1,889 3,264 917 2,088 1,355 3,584 1,015 2,368 1,485 2,960 551 1,711 2,838 2,120 236