RMD - ResMed Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$238.70
DETAILS
HIGH:
$300.00
LOW:
$213.00
MEDIAN:
$230.00
CONSENSUS:
$238.70
UPSIDE:
1.25%
| 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 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||
| Revenue | 5,653.4 | 5,146.3 | 4,685.3 | 4,223.0 | 3,578.1 | 3,196.8 | 2,957.0 | 2,606.6 | 2,340.2 | 2,066.7 | 1,838.7 | 1,678.9 | 1,555.0 | 1,514.5 | 1,368.5 | 1,243.1 | 1,092.4 | 920.7 | 835.4 | 716.3 | 607.0 | 425.5 | 339.3 | 273.6 | 204.1 | 155.2 | 115.6 | 88.6 | 66.5 | 49.2 | 34.6 | 23.5 | 13.9 | 7.7 |
| Cost of Revenue | 2,195.8 | 2,091.4 | 2,030.0 | 1,867.3 | 1,553.8 | 1,357.7 | 1,239.2 | 1,070.0 | 978.0 | 865.0 | 772.2 | 667.5 | 565.2 | 573.8 | 547.8 | 501.8 | 436.9 | 366.9 | 341.6 | 331.8 | 230.1 | 150.6 | 122.6 | 100.5 | 70.8 | 50.4 | 30.7 | 24.8 | 19.4 | 17.7 | 15.7 | 10.7 | 5.9 | 2.9 |
| Gross Profit | 3,457.7 | 3,055.0 | 2,655.3 | 2,355.7 | 2,024.3 | 1,839.1 | 1,717.8 | 1,536.6 | 1,362.2 | 1,201.7 | 1,066.5 | 1,011.4 | 989.8 | 940.7 | 820.7 | 741.3 | 655.5 | 553.8 | 493.8 | 384.5 | 376.9 | 274.9 | 216.7 | 173.1 | 133.2 | 104.8 | 84.9 | 63.8 | 47.1 | 31.5 | 18.9 | 12.8 | 8 | 4.8 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||
| R&D Expenses | 378.3 | 331.3 | 307.5 | 287.6 | 253.6 | 225.3 | 201.9 | 180.7 | 155.1 | 144.5 | 118.7 | 114.9 | 118.2 | 120.1 | 109.7 | 92.0 | 75.2 | 63.1 | 60.5 | 50.1 | 37.2 | 30.0 | 26.2 | 20.5 | 14.9 | 11.1 | 8.5 | 6.5 | 5 | 3.8 | 2.8 | 0 | 0 | 0 |
| SG&A Expenses | 817.4 | 991.0 | 917.1 | 874.0 | 739.4 | 670.4 | 676.7 | 645.0 | 600.4 | 554.0 | 488.1 | 472.6 | 450.4 | 430.8 | 401.6 | 371.2 | 328.9 | 289.9 | 278.1 | 237.3 | 200.2 | 135.7 | 104.7 | 85.3 | 64.5 | 49.9 | 37.0 | 27.4 | 21.1 | 16.8 | 11.1 | 9.4 | 6.4 | 3.9 |
| Other Expenses | 369.4 | 47.3 | 110.7 | 62.1 | 31.1 | 39.8 | 30.1 | 131.7 | 64.8 | 77.5 | 30.8 | 14.7 | 16.1 | 34.9 | 14.0 | 10.1 | 8.0 | 10.6 | 9.8 | 6.9 | 7.1 | 0 | 0.5 | 0 | 104.7 | 17.7 | 6.2 | 4.6 | 3.7 | 2.6 | 1.3 | 0.6 | 0.3 | 0.2 |
| Operating Expenses | 1,565.0 | 1,369.6 | 1,335.4 | 1,223.8 | 1,024.0 | 935.4 | 908.7 | 957.3 | 820.3 | 775.9 | 637.5 | 602.2 | 584.7 | 585.8 | 525.3 | 473.4 | 412.1 | 363.5 | 348.4 | 294.3 | 244.5 | 165.7 | 131.4 | 105.8 | 184.1 | 78.7 | 51.7 | 38.5 | 29.8 | 23.2 | 15.2 | 10 | 6.7 | 4.1 |
| Operating Income | ||||||||||||||||||||||||||||||||||
| Operating Income | 1,892.7 | 1,685.4 | 1,319.9 | 1,131.9 | 1,000.3 | 903.7 | 809.7 | 579.3 | 541.8 | 425.8 | 429.0 | 409.2 | 405.1 | 354.8 | 294.4 | 266.9 | 240.4 | 190.3 | 143.0 | 90.2 | 131.3 | 97.4 | 85.4 | 67.2 | (51.2) | 26.0 | 33.1 | 25.3 | 17.3 | 8.3 | 3.7 | 2.8 | 1.3 | 0.7 |
| Interest Expense | 29.0 | 12.6 | 45.7 | 47.4 | 22.3 | 24.0 | 40.4 | 36.2 | 28.4 | 28.2 | 11.2 | 5.8 | 6.1 | 6.4 | 4.8 | 1.8 | 10.1 | 10.1 | 10.1 | 1.3 | 1.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0.4 | 1.0 | 2.3 | 16.4 | 17.1 | 16.9 | 26.2 | 31.2 | 38.9 | 33.9 | 27.8 | 16.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||||
| EBITDA | 2,146.3 | 1,913.4 | 1,533.5 | 1,358.8 | 1,176.6 | 1,103.9 | 990.4 | 705.8 | 680.2 | 568.9 | 522.7 | 482.3 | 484.9 | 469.8 | 422.6 | 374.3 | 322.2 | 190.3 | 204.8 | 90.2 | 174.0 | 136.9 | 85.4 | 79.8 | (40.8) | 52.2 | 39.4 | 29.9 | 21 | 10.9 | 4.9 | 3.4 | 1.6 | 0.9 |
| EBIT | 1,948.4 | 1,677.6 | 1,310.5 | 1,162.3 | 982.8 | 912.4 | 809.1 | 555.0 | 560.3 | 456.7 | 435.9 | 409.2 | 411.4 | 391.5 | 336.7 | 305.5 | 263.3 | 201.7 | 145.3 | 90.2 | 132.4 | 107.8 | 85.4 | 67.2 | (50.8) | 43.7 | 33.1 | 25.3 | 17.3 | 8.3 | 3.6 | 2.8 | 1.3 | 0.7 |
| Income Before Tax | 1,919.4 | 1,677.6 | 1,264.8 | 1,101.7 | 960.5 | 883.7 | 733.1 | 518.8 | 521.3 | 418.7 | 439.6 | 435.9 | 431.1 | 385.1 | 331.9 | 303.7 | 260.6 | 201.7 | 157.9 | 98.0 | 133.4 | 96.6 | 84.7 | 67.1 | 54.6 | 27.3 | 34.2 | 24.6 | 16.1 | 11.1 | 6.6 | 3.7 | 1.8 | 1.2 |
| Income Tax Expense | 396.1 | 276.8 | 243.8 | 204.1 | 181.0 | 409.2 | 111.4 | 114.3 | 205.7 | 76.5 | 87.2 | 83.0 | 85.8 | 78.0 | 77.1 | 76.7 | 70.5 | 55.2 | 47.6 | 31.7 | 45.2 | 31.8 | 27.4 | 21.4 | 17.1 | 15.7 | 11.9 | 8.5 | 5.5 | 3.6 | 2.1 | 0.9 | 0.6 | 0.4 |
| Net Income | 1,523.3 | 1,400.7 | 1,021.0 | 897.6 | 779.4 | 474.5 | 621.7 | 404.6 | 315.6 | 342.3 | 352.4 | 352.9 | 345.3 | 307.1 | 254.8 | 227.0 | 190.1 | 146.4 | 110.3 | 66.3 | 88.2 | 64.8 | 57.3 | 45.7 | 37.5 | 11.6 | 22.2 | 16.1 | 10.6 | 7.5 | 4.5 | 2.8 | 1.2 | 0.8 |
| Per Share Data | ||||||||||||||||||||||||||||||||||
| EPS (Basic) | 10.44 | 9.55 | 6.94 | 6.12 | 5.34 | 3.27 | 4.31 | 2.83 | 2.21 | 2.42 | 2.51 | 2.51 | 2.44 | 2.15 | 1.75 | 1.49 | 1.26 | 0.97 | 0.72 | 0.43 | 0.61 | 0.47 | 0.43 | 0.35 | 0.29 | 0.09 | 0.19 | 0.14 | 0.09 | 0.06 | 0.04 | 0.04 | 0.02 | 0.01 |
| EPS (Diluted) | 10.40 | 9.51 | 6.92 | 6.09 | 5.30 | 3.24 | 4.27 | 2.80 | 2.19 | 2.40 | 2.49 | 2.47 | 2.39 | 2.10 | 1.71 | 1.44 | 1.23 | 0.95 | 0.70 | 0.43 | 0.58 | 0.46 | 0.41 | 0.33 | 0.28 | 0.09 | 0.17 | 0.13 | 0.09 | 0.06 | 0.04 | 0.04 | 0.02 | 0.01 |
| Shares Outstanding | 144.7 | 146.7 | 147.0 | 146.8 | 146.1 | 145.3 | 144.3 | 143.1 | 142.8 | 141.4 | 140.2 | 140.5 | 141.5 | 143.0 | 145.9 | 152.5 | 150.9 | 151.3 | 154.8 | 153.4 | 144.6 | 137.3 | 134.8 | 132.2 | 128.7 | 124.5 | 120.6 | 117.7 | 116.2 | 117.1 | 112.5 | 70 | 53.3 | 48 |
| 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 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 1,469.2 | 1,209.5 | 238.4 | 227.9 | 273.7 | 295.3 | 463.2 | 147.1 | 188.7 | 821.9 | 731.4 | 717.2 | 905.7 | 876.0 | 809.5 | 735.3 | 488.8 | 415.6 | 321.1 | 257.8 | 219.5 | 142.2 | 128.9 | 114.5 | 72.9 | 40.1 | 18.2 | 11.1 | 15.5 | 9.1 | 5.5 | 3.3 | 3.7 | 1.7 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.9 | 0 | 0 | 12.0 | 6.5 | 20.0 | 62.6 | 3.7 | 5.6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 1,036.2 | 990.7 | 837.3 | 704.9 | 576.0 | 625.2 | 474.6 | 528.5 | 483.7 | 450.5 | 382.1 | 362.6 | 359.6 | 327.3 | 285.4 | 283.6 | 232.2 | 214.2 | 209.3 | 175.8 | 138.1 | 104.0 | 67.2 | 56.7 | 46.2 | 32.2 | 24.7 | 17.9 | 13.2 | 7.8 | 6.3 | 3.8 | 2.4 | 1.5 |
| Inventory | 945.8 | 927.7 | 822.2 | 998.0 | 743.9 | 457.0 | 416.9 | 349.6 | 268.7 | 268.3 | 224.5 | 246.9 | 165.4 | 145.8 | 174.4 | 200.8 | 185.6 | 157.4 | 158.3 | 157.2 | 116.2 | 89.1 | 55.8 | 49.4 | 41.2 | 30.0 | 15.8 | 10.7 | 7.6 | 5.8 | 6.1 | 4.4 | 1 | 1 |
| Other Current Assets | 457.4 | 164.5 | 180.0 | 179.9 | 131.3 | 124.9 | 75.3 | 0 | 0 | 0 | 0 | 0 | 31.9 | 38.6 | 19.6 | 13.9 | 14.1 | 44.4 | 31.4 | 42.1 | 26.6 | 15.2 | 12.0 | 8.3 | 9.3 | 4.2 | 6.7 | 5.5 | 10.3 | 21.7 | 20.3 | 21.5 | 1.4 | 0.3 |
| Total Current Assets | 4,324.7 | 3,505.6 | 2,357.7 | 2,367.8 | 1,931.5 | 1,574.8 | 1,523.5 | 1,145.4 | 1,065.7 | 1,644.0 | 1,419.7 | 1,407.8 | 1,556.2 | 1,448.8 | 1,361.2 | 1,292.5 | 985.3 | 853.3 | 739.2 | 668.8 | 510.3 | 360.2 | 282.8 | 241.9 | 193.7 | 177.9 | 69.2 | 50.8 | 46.6 | 44.4 | 38.2 | 33 | 8.5 | 4.5 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 735.0 | 718.3 | 699.1 | 665.8 | 630.5 | 592.1 | 535.7 | 387.5 | 386.6 | 394.2 | 384.3 | 387.8 | 434.3 | 411.4 | 434.4 | 462.1 | 387.1 | 377.6 | 357.1 | 310.6 | 245.4 | 174.2 | 147.3 | 104.7 | 79.3 | 55.1 | 36.6 | 29.3 | 11.1 | 4.9 | 3.3 | 2 | 0.8 | 0.5 |
| Goodwill | 3,362.3 | 3,046.7 | 2,842.1 | 2,770.3 | 1,936.4 | 1,927.9 | 1,890.3 | 1,856.4 | 1,068.9 | 1,064.9 | 1,059.2 | 264.3 | 289.3 | 274.8 | 256.2 | 235.5 | 198.6 | 213.2 | 234.6 | 206.8 | 195.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 464.9 | 485.9 | 552.3 | 345.9 | 392.6 | 448.2 | 522.0 | 215.2 | 261.8 | 299.8 | 47.1 | 45.2 | 49.6 | 54.8 | 47.9 | 30.9 | 35.0 | 46.8 | 46.6 | 48.9 | 230.5 | 110.9 | 105.9 | 95.2 | 49.3 | 7.0 | 7.3 | 5.9 | 4.8 | 4.5 | 0.2 | 0.1 | 0.1 |
| Long-Term Investments | 0 | 85.0 | 169.8 | 156.9 | 67.2 | 75.5 | 51.1 | 56.7 | 41.2 | 38.3 | 33.8 | 25.6 | 14.8 | 4 | 0 | 0 | 0 | 4.3 | 4.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 100.8 | 114.2 | 105.6 | 104.5 | 85.5 | 97.6 | 94.3 | 232.5 | 3.7 | 6.6 | 2.8 | 2.4 | 1.9 | 7.8 | 12.0 | 5.3 | 5.3 | 7.5 | 10.1 | 7.1 | 9.3 | 8.2 | 7.1 | 8.0 | 5.9 | 2.9 | 2.5 | 1 | 0.8 | 1.3 | 0.1 | 0.2 | 0.1 |
| Total Non-Current Assets | 4,641.2 | 4,668.8 | 4,514.7 | 4,383.9 | 3,164.4 | 3,153.4 | 3,063.9 | 2,962.3 | 1,998.2 | 1,824.5 | 1,839.2 | 773.9 | 804.8 | 761.9 | 776.7 | 776.5 | 641.1 | 654.7 | 666.8 | 583.2 | 496.9 | 413.9 | 266.3 | 217.7 | 182.5 | 110.2 | 46.4 | 39.1 | 18 | 10.5 | 9.1 | 2.3 | 1.1 | 0.7 |
| Total Assets | 8,966.0 | 8,174.4 | 6,872.4 | 6,751.7 | 5,095.9 | 4,728.1 | 4,587.4 | 4,107.7 | 3,063.9 | 3,468.5 | 3,258.9 | 2,181.8 | 2,361.0 | 2,210.7 | 2,137.9 | 2,068.9 | 1,626.4 | 1,508.0 | 1,406 | 1,252.0 | 1,007.2 | 774.1 | 549.2 | 459.6 | 376.2 | 288.1 | 115.6 | 89.9 | 64.6 | 54.9 | 47.3 | 35.3 | 9.6 | 5.2 |
| Current Liabilities | ||||||||||||||||||||||||||||||||||
| Account Payables | 308.9 | 278.2 | 237.7 | 150.8 | 159.2 | 138.0 | 135.8 | 115.7 | 92.7 | 92.8 | 92.6 | 81.1 | 85.4 | 60.7 | 55.0 | 55.2 | 57.5 | 48.3 | 56.3 | 53.0 | 45.0 | 34.4 | 18.6 | 19.4 | 11.6 | 8.0 | 5.9 | 4.8 | 3.8 | 2.6 | 2.4 | 2.6 | 1.5 | 0.8 |
| Short-Term Debt | 259.9 | 9.9 | 9.9 | 9.9 | 9.9 | 12 | 12.0 | 12.0 | 11.5 | 0 | 299.4 | 0 | 0.0 | 300.0 | 0.1 | 0.2 | 121.7 | 67.5 | 43.9 | 28.4 | 4.9 | 115.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.3 | 0.3 | 0 | 0 | 0.1 |
| Deferred Revenue | 162.9 | 166.0 | 152.6 | 138.1 | 108.7 | 109.6 | 98.6 | 88.7 | 60.8 | 51.9 | 50.0 | 36.1 | 42.4 | 45.0 | 41.6 | 45.1 | 29.5 | 0.4 | 26.1 | 18.9 | 15.3 | 12.3 | 8.8 | 6.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 41.2 | 2.7 | 4.7 | 9.6 | 1.9 | 0 | 0 | 0.2 | 2.4 | 0.5 | 0.2 | 2.0 | 3.9 | 9.6 | 1.1 | 0.6 | 43.1 | 28.9 | 4.9 | 3.8 | 22.8 | 22.0 | 10.7 | 5.7 | 20.4 | 8.9 | 15.7 | 13.4 | 9.8 | 7.1 | 4.7 | 3.1 | 2 | 1 |
| Total Current Liabilities | 1,395.1 | 1,019.1 | 910.7 | 758.5 | 689.3 | 911.8 | 602.8 | 556.0 | 511.2 | 360.1 | 638.0 | 266.5 | 269.6 | 574.0 | 252.9 | 208.8 | 312.7 | 269.1 | 192.6 | 202.4 | 129 | 218.6 | 60.6 | 50.6 | 49.0 | 33.6 | 21.6 | 18.2 | 13.8 | 10 | 7.4 | 5.7 | 3.5 | 1.9 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||||
| Long-Term Debt | 399.4 | 658.4 | 697.3 | 1,431.2 | 765.3 | 643.4 | 1,164.1 | 1,258.9 | 270.0 | 1,078.6 | 873.3 | 300.6 | 300.8 | 0.8 | 250.8 | 100 | 0 | 94.2 | 93.8 | 87.2 | 116.2 | 58.9 | 113.2 | 113.2 | 123.2 | 150 | 0 | 0 | 0 | 0.3 | 0.6 | 0.8 | 0.4 | 0.2 |
| Deferred Tax Liabilities | 64.6 | 77.7 | 79.3 | 90.7 | 9.7 | 11.3 | 13.0 | 11.4 | 13.1 | 13.8 | 9.1 | 6.4 | 10.7 | 9.9 | 8.8 | 8.1 | 10.8 | 11.1 | 18.3 | 18.3 | 12.4 | 11.7 | 5.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | 0 | 0.1 | 0 |
| Other Non-Current Liabilities | 213.0 | 141.5 | 42.3 | 105.3 | 54.9 | 69.7 | 121.3 | 128.1 | 139.0 | 2.4 | 1.2 | 1.8 | 5.3 | 3.6 | 3.4 | 4.1 | 2.6 | 3.1 | 19.5 | 12.5 | 11.5 | 10.9 | 8.8 | 9.3 | 11.0 | 4.1 | 0 | 0.1 | 0 | 0 | (0.1) | (0.1) | 0 | 0.2 |
| Total Non-Current Liabilities | 985.4 | 1,187.4 | 1,097.7 | 1,863.3 | 1,045.8 | 930.7 | 1,487.6 | 1,479.5 | 493.7 | 1,148.1 | 923.9 | 328.0 | 333.2 | 26.2 | 277.4 | 129.3 | 26.2 | 123.7 | 131.6 | 118.4 | 140.1 | 81.5 | 127.1 | 122.6 | 134.2 | 154.1 | 0 | 0.1 | 0 | 0.3 | 0.9 | 0.7 | 0.5 | 0.4 |
| Total Liabilities | 2,380.6 | 2,206.5 | 2,008.4 | 2,621.8 | 1,735.1 | 1,842.4 | 2,090.3 | 2,035.5 | 1,004.9 | 1,508.2 | 1,561.9 | 594.5 | 602.7 | 600.2 | 530.2 | 338.2 | 338.9 | 392.8 | 324.2 | 320.8 | 269.1 | 300.1 | 187.7 | 173.2 | 183.3 | 187.7 | 21.6 | 18.3 | 13.8 | 10.3 | 8.3 | 6.4 | 4 | 2.3 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||
| Common Stock | 0.8 | 0.8 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.3 | 0.3 | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 7,255.1 | 6,081.5 | 4,991.6 | 4,253.0 | 3,613.7 | 3,079.6 | 2,833.0 | 2,436.4 | 2,432.3 | 2,316.2 | 2,160.3 | 1,976.0 | 1,780.4 | 1,576.6 | 1,366.7 | 1,111.9 | 884.9 | 694.8 | 548.3 | 437.0 | 370.7 | 282.4 | 217.7 | 160.4 | 114.6 | 77.1 | 65.5 | 43.3 | 27.2 | 16.6 | 9.1 | 4.6 | 1.8 | 0.7 |
| Accumulated Other Comprehensive Income | (82.5) | (74.7) | (251.5) | (272.5) | (312.7) | (193.5) | (284.0) | (253.0) | (224.3) | (189.1) | (222.7) | (173.5) | 151.6 | 92.1 | 236.5 | 324.4 | 86.4 | 105.8 | 207.8 | 115.8 | 55.1 | 52.9 | 41.3 | 29.9 | (8.1) | (29.6) | (13.2) | (5.4) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 6,585.4 | 5,967.9 | 4,864.0 | 4,129.9 | 3,360.8 | 2,885.7 | 2,497.0 | 2,072.2 | 2,059.0 | 1,960.3 | 1,694.8 | 1,587.3 | 1,758.2 | 1,610.5 | 1,607.6 | 1,730.7 | 1,287.5 | 1,115.2 | 1,081.8 | 931.2 | 738.1 | 474.1 | 361.5 | 286.4 | 192.9 | 100.4 | 94.0 | 71.6 | 50.8 | 44.6 | 39 | 28.9 | 5.6 | 2.9 |
| Total Liabilities & Equity | 8,966.0 | 8,174.4 | 6,872.4 | 6,751.7 | 5,095.9 | 4,728.1 | 4,587.4 | 4,107.7 | 3,063.9 | 3,468.5 | 3,256.7 | 2,181.8 | 2,361.0 | 2,210.7 | 2,137.9 | 2,068.9 | 1,626.4 | 1,508.0 | 1,406 | 1,252.0 | 1,007.2 | 774.1 | 549.2 | 459.6 | 376.2 | 288.1 | 115.6 | 89.9 | 64.6 | 54.9 | 47.3 | 35.3 | 9.6 | 5.2 |
| Debt Metrics | ||||||||||||||||||||||||||||||||||
| Total Debt | 825.9 | 851.8 | 873.9 | 1,579.9 | 917.5 | 793.7 | 1,299.3 | 1,270.9 | 281.5 | 1,078.6 | 1,172.8 | 300.6 | 300.8 | 300.8 | 250.8 | 100.2 | 121.7 | 161.7 | 137.7 | 116.0 | 121.1 | 174.4 | 113.2 | 113.2 | 123.2 | 150 | 0 | 0 | 0.2 | 0.6 | 0.9 | 0.8 | 0.4 | 0.3 |
| Net Debt | (643.3) | (357.6) | 635.6 | 1,352.0 | 643.8 | 498.4 | 836.1 | 1,123.7 | 92.8 | 256.7 | 441.3 | (416.7) | (604.9) | (575.3) | (558.7) | (635.1) | (367.1) | (253.9) | (183.4) | (141.8) | (98.5) | 32.2 | (15.7) | (1.2) | 50.4 | 109.9 | (18.2) | (11.1) | (15.3) | (8.5) | (4.6) | (2.5) | (3.3) | (1.4) |
| 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 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||
| Net Income | 1,523.3 | 1,400.7 | 1,021.0 | 897.6 | 779.4 | 474.5 | 621.7 | 404.6 | 315.6 | 342.3 | 352.4 | 352.9 | 345.3 | 307.1 | 254.8 | 227.0 | 190.1 | 146.4 | 110.3 | 66.3 | 88.2 | 64.8 | 57.3 | 45.7 | 37.5 | 11.6 | 22.2 | 16.1 | 10.6 | 7.5 | 4.5 | 2.8 | 1.2 | 0.8 |
| Depreciation & Amortization | 244.2 | 235.8 | 216.2 | 197.6 | 193.8 | 191.5 | 181.4 | 150.8 | 120.0 | 112.2 | 86.8 | 73.1 | 73.5 | 78.3 | 85.9 | 10.1 | 61.6 | 54.0 | 59.5 | 48.1 | 41.6 | 29.1 | 17.9 | 12.6 | 10.0 | 8.4 | 6.2 | 4.6 | 3.7 | 2.6 | 1.3 | 0.6 | 0.3 | 0.2 |
| Stock-Based Compensation | 104.3 | 91.7 | 80.2 | 71.1 | 65.3 | 63.9 | 57.6 | 52.1 | 48.4 | 45.9 | 46.4 | 47.9 | 43.5 | 38.2 | 30.6 | 30.8 | 29.7 | 25.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (74.2) | 16.7 | 44.8 | (462.1) | (708.1) | 1.4 | (97.9) | (177.1) | 9.1 | (89.9) | 61.7 | (64.8) | (42.0) | (9.2) | 46.0 | (23.5) | (79.5) | 23.1 | (64.9) | (69.7) | (41.0) | (26.2) | (4.5) | (1.8) | (8.2) | (9.4) | (11.4) | (3.4) | (9.1) | 0.7 | (1.5) | (2.8) | (1.6) | (0.6) |
| Other Non-Cash Items | 8.3 | 6.7 | 39.1 | (11.1) | 20.7 | 8.7 | (0.0) | (0.3) | 0.4 | 1.6 | (3.0) | (0.1) | (6.3) | (11.6) | (21.5) | 49.9 | (17.0) | 16.5 | 22.2 | 5.6 | 22.1 | 11.4 | 4.7 | 0.8 | 2.5 | 21.2 | 0.1 | 0.1 | 0.1 | (0.3) | (0.8) | (0.1) | 1 | 0.2 |
| Operating Cash Flow | 1,805.8 | 1,751.6 | 1,401.3 | 693.3 | 351.1 | 736.7 | 802.3 | 459.1 | 505.0 | 414.1 | 547.9 | 383.2 | 391.3 | 402.8 | 383.2 | 283.2 | 188.2 | 238.9 | 137.8 | 91.1 | 99.0 | 71.1 | 76.5 | 59.3 | 35.6 | 29.5 | 20.3 | 18.2 | 6.8 | 9.5 | 3.5 | 0.7 | 1.6 | 1 |
| Investing Activities | ||||||||||||||||||||||||||||||||||
| Capital Expenditure | (156.3) | (89.9) | (114.9) | (134) | (156.0) | (116.8) | (105.9) | (77.3) | (71.5) | (71.5) | (67.8) | (71.9) | (81.2) | (71.8) | (61.1) | (75.0) | (61.6) | (114.2) | (75.8) | (77.6) | (102.7) | (39.7) | (57.2) | (25.6) | (28.2) | (27.5) | (16.2) | (22.5) | (11.8) | (4) | (1.5) | (1.8) | (0.3) | (0.3) |
| Acquisitions | (350.7) | (139.2) | (133.5) | (1,012.7) | (42.8) | (39.1) | (27.9) | (951.4) | (0.9) | (7.3) | (1,041.4) | (28.5) | (3.9) | (5.4) | (53.3) | (22.4) | (10.7) | (2.4) | (0.9) | (1.9) | (10.5) | (54.4) | (0.2) | (0.3) | (13.9) | (55.1) | (0.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (28.5) | (6.4) | (22.5) | (32.2) | (20.7) | (21.8) | (46.0) | (47.0) | (29.5) | (6.5) | (16.5) | (42.7) | (12.3) | (3.3) | (6.3) | (7.9) | (4.3) | (2.3) | (6.5) | (23.6) | (4.4) | (403.4) | (80.4) | (15.2) | (393.1) | (82.5) | (39.5) | (8.8) | (32) | (50.1) | (102.7) | (27.2) | 0 | 0 |
| Sales/Maturities of Investments | 2.8 | 0 | 1 | 3.9 | 6.8 | 0 | 10.6 | 8.6 | (9.0) | 3.3 | 0.5 | 0.9 | 2.3 | 2.5 | 19.1 | 20.9 | 1.1 | 0.2 | 21.4 | 2 | 2.0 | 413.6 | 73.4 | 30.8 | 435.9 | 21.0 | 38.7 | 6.9 | 44.5 | 49.3 | 105.2 | 6.7 | 0 | 0 |
| Other Investing Activities | (12.4) | 35.5 | (15.4) | 15.2 | (17.2) | 19.2 | (10.6) | (8.6) | 9.0 | 3.3 | (0.5) | (0.9) | (18.4) | (9.0) | 0 | 7.9 | 17.3 | 9.3 | 23.8 | (4.4) | (4.2) | (2.8) | (2.4) | (1.6) | 12.8 | (0.5) | (1.0) | (0.5) | (0.4) | (0.5) | (7.3) | 0 | (0.2) | 0.1 |
| Investing Cash Flow | (545.2) | (200.0) | (269.8) | (1,159.8) | (229.9) | (158.5) | (179.9) | (1,075.7) | (101.8) | (81.9) | (1,125.8) | (143.1) | (95.0) | (78) | (101.6) | (76.5) | (58.3) | (109.3) | (37.9) | (105.4) | (119.9) | (86.8) | (66.8) | (11.9) | 13.5 | (144.6) | (18.5) | (24.9) | 0.3 | (5.3) | (6.3) | (22.3) | (0.5) | (0.2) |
| Financing Activities | ||||||||||||||||||||||||||||||||||
| Net Debt Issuance | (10) | (40) | (730) | 665 | 122 | (522) | (94.0) | 807.5 | (796.2) | (95) | 856.3 | (1.5) | (2.2) | 49.8 | 144.4 | (25.2) | (38.4) | 41.7 | 7.4 | (10.5) | 53.6 | (3.3) | 0 | (9.2) | (23.1) | 131.1 | 0 | (0.2) | (0.2) | (0.3) | 0 | 0.4 | 0 | (0.1) |
| Stock Repurchased | (700.0) | (300.0) | (150.0) | 0 | 0 | 0 | 0 | (22.8) | (53.8) | 0 | (102.1) | (160.3) | (202.2) | (186.3) | (392.7) | (163.3) | (131.1) | (68.6) | (96.6) | (2.1) | 0 | (11.0) | (19.0) | (3.5) | (7.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.3) | 0 |
| Dividends Paid | (349.7) | (310.9) | (282.3) | (258.3) | (245.3) | (226.7) | (225.1) | (211.7) | (199.5) | (186.3) | (168.1) | (157.3) | (141.5) | (97.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.2) | 0 |
| Other Financing Activities | (21.8) | (29.8) | (10.1) | (33.0) | (52.4) | (53.7) | (46.4) | (29.0) | 38.2 | (19.8) | (1.2) | 63.3 | 15.2 | 10.5 | 8.7 | 14.5 | 13.2 | 3.9 | 3.8 | 12.4 | 9.8 | 0 | 0 | (12.6) | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | (0.2) | (0.1) |
| Financing Cash Flow | (1,007.0) | (606.3) | (1,119.3) | 422.9 | (128.4) | (764.6) | (317.3) | 580.6 | (1,026.7) | (262.9) | 612.6 | (255.8) | (297.3) | (153.9) | (177.1) | (79.3) | (61.1) | 1.9 | (63.8) | 38.1 | 97.8 | 25.2 | 1.3 | (16.3) | (21.2) | 139.0 | 6.4 | 1.9 | 0.8 | 0.3 | 5 | 21.1 | 0.6 | 0.3 |
| Cash Position | ||||||||||||||||||||||||||||||||||
| Net Change in Cash | 259.8 | 971.1 | 10.5 | (45.8) | (21.6) | (167.9) | 316.0 | (41.6) | (633.2) | 90.5 | 14.2 | (188.5) | 29.7 | 66.5 | 74.3 | 246.5 | 73.1 | 94.6 | 63.3 | 38.2 | 77.4 | 13.3 | 14.4 | 41.6 | 32.7 | 21.9 | 7.1 | (4.4) | 6.4 | 4 | 2.3 | 21.1 | 2 | 1 |
| Cash at Beginning | 1,209.5 | 238.4 | 227.9 | 273.7 | 295.3 | 463.2 | 147.1 | 188.7 | 821.9 | 731.4 | 717.2 | 905.7 | 876.0 | 809.5 | 735.3 | 488.8 | 415.6 | 321.1 | 257.8 | 219.5 | 142.2 | 128.9 | 114.5 | 72.9 | 40.1 | 18.2 | 11.1 | 15.5 | 9.1 | 5.5 | 3.3 | 3.7 | 1.7 | 0.7 |
| Cash at End | 1,469.2 | 1,209.5 | 238.4 | 227.9 | 273.7 | 295.3 | 463.2 | 147.1 | 188.7 | 821.9 | 731.4 | 717.2 | 905.7 | 876.0 | 809.5 | 735.3 | 488.8 | 415.6 | 321.1 | 257.8 | 219.5 | 142.2 | 128.9 | 114.5 | 72.9 | 40.1 | 18.2 | 11.1 | 15.5 | 9.5 | 5.6 | 24.8 | 3.7 | 1.7 |
| Free Cash Flow | 1,649.5 | 1,661.7 | 1,286.4 | 559.3 | 195.1 | 619.9 | 696.3 | 381.7 | 433.6 | 342.6 | 480.1 | 311.2 | 310.1 | 331.0 | 322.1 | 208.2 | 126.6 | 124.7 | 62.1 | 13.6 | (3.7) | 31.4 | 19.3 | 33.6 | 7.5 | 2.1 | 4.1 | (4.3) | (5) | 5.5 | 2 | (1.1) | 1.3 | 0.7 |
| 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 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||||
| Revenue | 5,653.4 | 5,146.3 | 4,685.3 | 4,223.0 | 3,578.1 | 3,196.8 | 2,957.0 | 2,606.6 | 2,340.2 | 2,066.7 | 1,838.7 | 1,678.9 | 1,555.0 | 1,514.5 | 1,368.5 | 1,243.1 | 1,092.4 | 920.7 | 835.4 | 716.3 | 607.0 | 425.5 | 339.3 | 273.6 | 204.1 | 155.2 | 115.6 | 88.6 | 66.5 | 49.2 | 34.6 | 23.5 | 13.9 | 7.7 |
| Gross Profit | 3,457.7 | 3,055.0 | 2,655.3 | 2,355.7 | 2,024.3 | 1,839.1 | 1,717.8 | 1,536.6 | 1,362.2 | 1,201.7 | 1,066.5 | 1,011.4 | 989.8 | 940.7 | 820.7 | 741.3 | 655.5 | 553.8 | 493.8 | 384.5 | 376.9 | 274.9 | 216.7 | 173.1 | 133.2 | 104.8 | 84.9 | 63.8 | 47.1 | 31.5 | 18.9 | 12.8 | 8 | 4.8 |
| Operating Income | 1,892.7 | 1,685.4 | 1,319.9 | 1,131.9 | 1,000.3 | 903.7 | 809.7 | 579.3 | 541.8 | 425.8 | 429.0 | 409.2 | 405.1 | 354.8 | 294.4 | 266.9 | 240.4 | 190.3 | 143.0 | 90.2 | 131.3 | 97.4 | 85.4 | 67.2 | (51.2) | 26.0 | 33.1 | 25.3 | 17.3 | 8.3 | 3.7 | 2.8 | 1.3 | 0.7 |
| Net Income | 1,523.3 | 1,400.7 | 1,021.0 | 897.6 | 779.4 | 474.5 | 621.7 | 404.6 | 315.6 | 342.3 | 352.4 | 352.9 | 345.3 | 307.1 | 254.8 | 227.0 | 190.1 | 146.4 | 110.3 | 66.3 | 88.2 | 64.8 | 57.3 | 45.7 | 37.5 | 11.6 | 22.2 | 16.1 | 10.6 | 7.5 | 4.5 | 2.8 | 1.2 | 0.8 |
| EPS (Diluted) | 10.40 | 9.51 | 6.92 | 6.09 | 5.30 | 3.24 | 4.27 | 2.80 | 2.19 | 2.40 | 2.49 | 2.47 | 2.39 | 2.10 | 1.71 | 1.44 | 1.23 | 0.95 | 0.70 | 0.43 | 0.58 | 0.46 | 0.41 | 0.33 | 0.28 | 0.09 | 0.17 | 0.13 | 0.09 | 0.06 | 0.04 | 0.04 | 0.02 | 0.01 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 1,469.2 | 1,209.5 | 238.4 | 227.9 | 273.7 | 295.3 | 463.2 | 147.1 | 188.7 | 821.9 | 731.4 | 717.2 | 905.7 | 876.0 | 809.5 | 735.3 | 488.8 | 415.6 | 321.1 | 257.8 | 219.5 | 142.2 | 128.9 | 114.5 | 72.9 | 40.1 | 18.2 | 11.1 | 15.5 | 9.1 | 5.5 | 3.3 | 3.7 | 1.7 |
| Total Assets | 8,966.0 | 8,174.4 | 6,872.4 | 6,751.7 | 5,095.9 | 4,728.1 | 4,587.4 | 4,107.7 | 3,063.9 | 3,468.5 | 3,258.9 | 2,181.8 | 2,361.0 | 2,210.7 | 2,137.9 | 2,068.9 | 1,626.4 | 1,508.0 | 1,406 | 1,252.0 | 1,007.2 | 774.1 | 549.2 | 459.6 | 376.2 | 288.1 | 115.6 | 89.9 | 64.6 | 54.9 | 47.3 | 35.3 | 9.6 | 5.2 |
| Total Debt | 825.9 | 851.8 | 873.9 | 1,579.9 | 917.5 | 793.7 | 1,299.3 | 1,270.9 | 281.5 | 1,078.6 | 1,172.8 | 300.6 | 300.8 | 300.8 | 250.8 | 100.2 | 121.7 | 161.7 | 137.7 | 116.0 | 121.1 | 174.4 | 113.2 | 113.2 | 123.2 | 150 | 0 | 0 | 0.2 | 0.6 | 0.9 | 0.8 | 0.4 | 0.3 |
| Stockholders' Equity | 6,585.4 | 5,967.9 | 4,864.0 | 4,129.9 | 3,360.8 | 2,885.7 | 2,497.0 | 2,072.2 | 2,059.0 | 1,960.3 | 1,694.8 | 1,587.3 | 1,758.2 | 1,610.5 | 1,607.6 | 1,730.7 | 1,287.5 | 1,115.2 | 1,081.8 | 931.2 | 738.1 | 474.1 | 361.5 | 286.4 | 192.9 | 100.4 | 94.0 | 71.6 | 50.8 | 44.6 | 39 | 28.9 | 5.6 | 2.9 |
| Cash Flow | ||||||||||||||||||||||||||||||||||
| Operating Cash Flow | 1,805.8 | 1,751.6 | 1,401.3 | 693.3 | 351.1 | 736.7 | 802.3 | 459.1 | 505.0 | 414.1 | 547.9 | 383.2 | 391.3 | 402.8 | 383.2 | 283.2 | 188.2 | 238.9 | 137.8 | 91.1 | 99.0 | 71.1 | 76.5 | 59.3 | 35.6 | 29.5 | 20.3 | 18.2 | 6.8 | 9.5 | 3.5 | 0.7 | 1.6 | 1 |
| Capital Expenditure | (156.3) | (89.9) | (114.9) | (134) | (156.0) | (116.8) | (105.9) | (77.3) | (71.5) | (71.5) | (67.8) | (71.9) | (81.2) | (71.8) | (61.1) | (75.0) | (61.6) | (114.2) | (75.8) | (77.6) | (102.7) | (39.7) | (57.2) | (25.6) | (28.2) | (27.5) | (16.2) | (22.5) | (11.8) | (4) | (1.5) | (1.8) | (0.3) | (0.3) |
| Free Cash Flow | 1,649.5 | 1,661.7 | 1,286.4 | 559.3 | 195.1 | 619.9 | 696.3 | 381.7 | 433.6 | 342.6 | 480.1 | 311.2 | 310.1 | 331.0 | 322.1 | 208.2 | 126.6 | 124.7 | 62.1 | 13.6 | (3.7) | 31.4 | 19.3 | 33.6 | 7.5 | 2.1 | 4.1 | (4.3) | (5) | 5.5 | 2 | (1.1) | 1.3 | 0.7 |