Companhia de Saneamento Básico do Estado de São Paulo - SABESP logo SBS - Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 4
SELL 1
STRONG
SELL
0
| PRICE TARGET: $23.79 DETAILS
HIGH: $23.79
LOW: $23.79
MEDIAN: $23.79
CONSENSUS: $23.79
UPSIDE: 320.32%
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 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2
Revenue
Revenue 9,778.4 10,528.2 9,424.9 8,964.5 8,426.2 14,399.1 14,996.8 6,749.5 6,560.2 7,265.9 6,453.2 6,154.5 5,698.4 5,932.2 5,987.7 5,265.4 4,870.4 5,063.8 5,153.9 4,595.9 4,677.4 4,884.2 4,438.5 4,432.5 4,042.3 4,696.6 5,410.6 3,997.9 3,878.5 4,902.4 3,810.8 3,672.2 3,699.7 4,018.3 3,536.4 3,494.6 3,558.8 3,886.0 3,745.8 3,438.6 3,027.8 3,223.1 3,197.0 2,822.9 2,468.6 2,843.6 2,823.5 2,754.2 2,791.9 3,101.9 2,772.4 2,796.3 2,645.0 2,990.7 2,710.7 2,478.3 2,588.4 2,711.6 2,592.8 2,341.6 2,295.7 3,873.6 1,835.6 1,769.8 1,752.0 3,673.6 1,629.0 1,623.6 1,653.4 1,835.6 1,717.3 1,627.3 1,540.1 1,551.0 1,497.1 1,445.8 1,454.2 1,437.3 1,405.0 1,313.0 1,348.7 2,566.0 1,222.5 1,238.2 1,154.8 1,179.1 1,088.5 1,038.6 1,091.7 1,110.8 963.2 985.3 954.6
Cost of Revenue 5,983.4 7,110.8 6,430.5 5,215.4 4,905.6 10,110.7 3,987.4 3,865.0 3,975.4 4,242.9 3,944.5 4,210.7 3,653.7 3,935.0 3,767.6 3,531.9 3,116.4 3,363.8 3,324.8 3,063.4 3,048.0 2,996.3 2,942.5 2,818.9 2,422.0 2,856.8 2,379.7 2,564.0 2,337.1 2,481.6 2,313.3 2,152.4 2,139.2 2,428.8 2,047.3 2,241.4 2,061.4 2,568.0 2,236.7 2,267.2 1,941.3 2,135.2 2,261.5 2,105.4 1,758.7 2,140.8 1,985.9 1,830.1 1,678.7 1,905.3 1,642.2 1,731.9 1,536.9 1,808.8 1,591.9 1,569.9 1,505.5 1,587.7 1,635.7 1,439.1 1,368.4 2,867.3 823.5 781.2 722.5 2,659.9 762.1 830.1 835.2 886.5 832.4 816.7 664.8 694.2 665.9 676.2 649.2 686.8 651.0 666.5 601.3 1,226.8 600.9 598.1 555.5 613.7 555.1 546.4 538.5 549.0 510.2 493.6 461.1
Gross Profit 3,795.0 3,417.4 2,994.4 3,749.1 3,520.6 4,288.4 11,009.4 2,884.4 2,584.8 3,023.0 2,508.7 1,943.9 2,044.6 1,997.2 2,220.1 1,733.5 1,754.0 1,700.0 1,829.1 1,532.5 1,629.4 1,887.9 1,496.0 1,613.6 1,620.3 1,839.8 3,030.9 1,433.9 1,541.4 2,420.8 1,497.5 1,519.9 1,560.4 1,589.5 1,489.1 1,253.2 1,497.4 1,318.0 1,509.1 1,171.4 1,086.6 1,087.9 935.5 717.4 710.0 702.8 837.6 924.0 1,113.2 1,196.6 1,130.2 1,064.3 1,108.2 1,181.9 1,118.7 908.4 1,082.9 1,123.9 957.1 902.4 927.3 1,006.3 1,012.2 988.5 1,029.5 1,013.7 866.9 793.5 818.2 949.1 884.8 810.6 875.3 856.8 831.2 769.7 805.1 750.5 754.0 646.5 747.4 1,339.1 621.6 640.1 599.4 565.4 533.4 492.3 553.1 561.8 453.0 491.6 493.5
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6.3 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
SG&A Expenses 427.6 164.6 766.2 178.3 548.8 936.1 850.0 538.3 727.9 673.0 633.3 696.8 488.5 914.3 544.4 574.7 431.4 788.0 466.6 474.8 404.7 550.9 420.2 398.3 450.7 573.4 450.1 584.4 371.5 289.2 367.5 425.4 450.7 481.4 309.7 448.0 423.6 375.4 452.3 348.2 427.7 364.4 263.8 209.4 (393.1) 444.2 302.3 450.6 319.5 295.3 278.9 330.3 336.0 349.7 397.1 286.9 380.9 329.8 310.0 303.0 501.0 306.0 357.1 362.4 228.5 162.4 412.8 288.4 356.6 1,081.8 347.7 329.5 251.1 425.7 238.2 257.9 88.8 425.1 274.3 55.5 49.9 438.7 221.0 227.2 187.0 264.1 181.3 200.8 169.9 91.2 168.1 164.2 139.8
Other Expenses 36.7 (47.8) (352.4) 260.3 127.9 5.2 310 153.1 194.9 6,522.0 166.8 217.4 162.8 (3,562.3) 135.8 250.6 177.7 (3,185.5) 118.6 144.1 121.1 (3,155.4) 75.1 117.2 157.5 (4,445.3) 24.5 49.4 30.0 238.1 4.2 23.4 24.6 84.1 34.0 46.7 45.7 0 (6.3) (16.2) 33.2 (4.4) (23.1) 16.1 (32.1) 73.8 16.3 22.7 35.2 68.1 5.1 14.0 35.2 39.8 0 4.5 (8.5) 2.9 0 6.7 (3.1) 69.8 (73.9) (0.6) 114.9 547.4 (118.1) (244.4) (32.9) 340.5 0 0 161.5 (262.4) 132.3 50.2 262.7 (395.3) 154.7 298.5 238.2 (24.0) 112.0 (93.6) 173.6 (520.5) (31.4) 356.9 194.8 (231.3) (166.3) (2,279.5) 827.8
Operating Expenses 464.3 116.9 413.8 438.6 676.7 941.3 1,160.0 691.5 922.8 7,195.0 800.1 914.2 651.4 (2,648.0) 680.3 825.3 609.1 (2,397.5) 585.2 618.9 525.8 (2,604.5) 495.3 515.5 608.1 (3,871.8) 474.7 633.8 401.5 527.3 371.7 448.8 475.3 565.5 343.8 494.7 469.3 219.7 446.0 332.0 460.9 360.0 240.7 225.6 (425.2) 517.9 318.5 473.3 354.7 363.4 284.0 344.3 371.2 389.5 397.1 291.4 372.4 332.8 310.0 309.7 497.9 375.8 283.2 361.9 343.4 709.8 294.7 44.0 323.7 1,422.2 347.7 329.5 412.6 163.3 370.5 308.1 351.5 29.8 429.0 354.0 288.1 414.7 333.0 133.6 360.6 (256.4) 150.0 557.7 364.7 (140.2) 1.8 (2,115.3) 967.5
Operating Income
Operating Income 3,330.7 3,300.5 2,580.6 3,310.5 2,843.9 3,347.1 9,849.4 2,193.0 1,662.1 (4,172.0) 1,708.6 1,029.7 1,393.3 4,645.2 1,539.9 908.2 1,144.9 4,097.6 1,244.0 913.6 1,103.6 4,492.4 1,000.7 1,098.2 1,012.2 5,711.6 (472.3) (629.6) (399.7) 6,473.6 (371.2) (447.9) 1,085.2 5,263.0 (342.7) (493.2) (465.4) 906.7 1,063.1 839.4 (457.9) 3,100.3 (249.4) (233.2) 1,135.1 184.8 (344.6) (479.7) (400.7) 843.7 (284.9) (348.2) 737.0 3,940.2 662.1 639.9 710.6 642.8 634.5 647.7 429.4 1,021.9 687.5 491.5 471.3 772.2 305.6 642.8 399.8 (243.9) 489.6 460.9 462.7 132.5 460.7 461.6 453.6 720.7 325.1 292.5 459.3 941.5 279.9 497.6 230.0 848.1 374.6 (74.2) 179.7 702.0 451.3 2,632.1 (474.0)
Interest Expense 1,452.0 3,266.2 161.9 484.7 302.0 1,278.7 463.9 415.4 344.5 985.7 92.3 321.5 76.2 297.7 71.5 60.5 55.4 41.1 50.0 37.0 35.0 34.9 39.6 39.0 45.2 51.1 54.7 53.7 54.0 150.9 104 132.2 159.0 124.1 94.3 104.9 110.9 0 97.7 88.2 194.8 146.1 151.6 93.1 101.8 128.7 96.0 132.6 126.5 146.5 83.6 66.1 195.7 78.6 137.4 403.2 116.1 117.5 44.9 74.2 114.9 172.7 119.6 220.3 276.8 147.7 301.5 159.1 156.9 177.2 450.8 64.1 202.3 0 150.2 86.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 678.1 1,362.8 76.7 328.3 0 0 0 40.3 0 139.0 31.5 68.8 32.7 0 33.7 35.0 28.8 15.3 16.2 11.6 11.9 12.4 10.1 9.2 10.2 8.5 9.5 8.7 11.5 50.6 37.2 59.5 81.0 0 46.0 17.4 8.2 0 20.8 18.8 32.7 0 30.6 41.1 26.0 49.8 28.7 25.6 23.8 52.0 22.5 43.8 93.4 44.6 20.1 71.2 87.6 0 0 119.6 0 103.7 80.8 96.0 63.3 65.8 40.6 56.6 64.0 0 403.3 43.8 52.2 0 32.2 36.3 0 0 0 0 0 0 0 84.7 0 0 0 0 0 157.3 0 0 34.6
Profitability
EBITDA 4,015.1 3,175.1 3,909.4 3,767.9 3,348.6 3,659.8 10,442.3 2,959.5 2,370.1 2,851.7 2,357.7 1,673.9 1,982.1 1,721.5 2,048.1 1,480.2 1,662.9 1,428.4 1,738.3 1,399.4 1,590.1 1,813.2 1,465.1 1,546.7 1,448.0 1,678.8 2,475.5 1,279.6 1,603.6 2,471.5 1,401.2 693.8 1,318.8 1,096.2 1,490.0 901.7 1,534.3 1,184.2 1,301.7 672.7 1,448.3 1,048.8 958.8 768.4 521.9 466.2 494.4 673.0 973.1 1,076.1 1,017.4 771.8 1,111.0 1,202.2 870.4 888.2 897.1 316.1 815.4 943.5 657.5 928.2 776.7 860.5 817.1 987.5 768.6 963.4 718.3 (918.5) 763.1 784.0 612.9 1,703.6 435.3 388.5 610.9 1,816.8 325.1 443.6 605.9 1,962.7 288.7 497.6 238.8 1,866.3 383.4 (65.5) 188.5 1,664.4 451.3 2,579.4 (465.4)
EBIT 3,330.7 2,249.6 3,240.9 3,712.6 2,832.5 3,139.3 9,849.4 2,170.0 1,653.2 2,154.0 1,692.9 1,050.9 1,375.4 1,121.8 1,483.0 882.1 1,118.7 877.5 1,216.1 890.5 1,091.5 1,323.3 974.3 1,079.6 994.6 1,227.5 2,011.6 817.3 1,131.5 2,076.3 1,058.7 366.9 990.9 768.8 1,463.6 583.7 1,202.3 906.7 1,021.5 1,331.9 1,163.7 783.5 687.5 484.3 268.6 85.5 251.2 555.4 712.9 805.4 809.0 575.1 915.8 1,005.9 690.3 711.1 956.7 119.9 647.1 767.3 493.6 815.2 635.5 711.8 674.0 909.9 607.1 801.9 556.6 (1,071.0) 602.8 629.1 676.0 610.7 604.4 547.7 456.8 720.7 325.1 292.5 459.3 924.4 288.7 497.6 238.8 821.7 383.4 (65.5) 188.5 702.0 451.3 2,606.9 (474.0)
Income Before Tax 2,313.4 2,752.4 3,240.9 3,227.8 2,250.9 2,554.5 9,333.7 1,754.7 1,323.9 1,286.6 1,277.6 1,056.8 1,132.9 570.6 1,638.2 583.8 1,474.2 565.0 706.5 1,148.0 750.6 1,130.6 661.0 521.6 (972.1) 1,203.4 1,838.6 648.8 991.2 1,925.4 863.5 234.7 888.7 619.7 1,369.3 478.7 1,035.8 1,067.1 886.8 1,211.8 968.8 650.7 (853.3) 639.6 150.5 (43.2) 155.2 422.8 740.0 658.9 725.3 508.9 762.5 927.3 552.7 307.9 753.5 525.3 123.6 693.1 378.7 642.5 687.5 491.5 471.3 762.2 305.6 642.8 399.8 (836.8) 364.2 460.7 473.7 104.4 455.8 460.4 452.6 105.3 326.3 292.0 459.9 478.5 269.2 499.1 229.5 321.4 375.2 (85.2) 179.2 333.8 449.0 383.3 (482.6)
Income Tax Expense 597.1 233.1 1,082.3 1,091.9 768.8 296.3 3,221.8 545.2 500.6 100.3 431.4 313.1 385.7 (71.6) 557.2 167.3 498.7 (2.4) 237.9 375.0 253.8 299.1 239.4 143.5 (314.1) 146.4 629.8 194.4 343.9 417.9 298.3 52.8 308.2 7.1 468.8 146.9 361.5 120.2 312.9 414.3 340.0 189.8 (273.1) 302.3 (167.7) (74.6) 63.7 120.3 262.4 68.2 250.4 147.2 266.2 161.9 190.9 15.1 261.6 32.3 55.7 213.5 195.9 86.1 237.7 157.9 180.6 171.1 109.8 178.1 143.6 (5.5) 133.2 100.6 170.0 29.7 72.3 165.3 161.8 23.9 120.0 107.7 122.2 103.5 69.2 152.7 69.9 77.8 130.5 (20.7) 54.4 (66.2) 117.9 213.0 (152.5)
Net Income 1,716.3 2,519.2 2,158.6 2,136.0 1,482.1 2,258.2 6,111.9 1,209.5 823.3 1,186.3 846.3 743.7 747.2 642.2 1,081.1 422.5 975.5 567.4 468.5 773.1 496.9 831.5 421.6 378.2 (657.9) 1,057.0 1,208.9 454.4 647.3 1,507.6 565.2 181.9 580.4 612.6 900.5 331.8 674.4 946.9 573.9 797.5 628.8 460.9 (580.1) 337.3 318.2 31.5 91.5 302.4 477.6 590.7 475.0 361.7 496.2 765.4 361.8 292.8 491.9 493.0 68.0 479.6 182.8 556.4 437.0 333.6 299.0 591.1 195.7 464.7 256.2 (831.3) 231.1 360.0 303.7 74.6 382.2 295.5 292.9 72.9 197.4 175.5 328.9 356.9 191.1 337.6 150.9 234.9 235.9 (73.3) 115.9 297.9 331.1 221.5 (330.1)
Per Share Data
EPS (Basic) 0.49 0.73 0.63 0.62 0.43 0.66 1.79 0.35 0.24 0.35 0.25 0.22 0.22 0.19 0.32 0.12 0.29 0.17 0.14 0.23 0.15 0.24 0.12 0.11 -0.19 0.31 0.35 0.13 0.19 0.44 0.17 0.05 0.17 0.18 0.26 0.10 0.20 0.28 0.17 0.23 0.18 0.67 -0.85 0.49 0.47 0.05 0.13 0.44 0.70 0.86 0.69 0.53 0.73 1.12 0.53 0.43 0.72 0.72 0.10 0.70 0.27 0.81 0.64 0.49 0.44 0.86 0.29 0.68 0.37 -1.22 0.34 0.53 0.44 0.11 0.56 0.43 3.43 0.11 0.29 0.26 0.48 0.52 0.28 0.49 0.22 0.34 0.35 -0.11 0.17 0.44 0.48 0.32 -0.48
EPS (Diluted) 0.49 0.73 0.63 0.62 0.43 0.66 1.79 0.35 0.24 0.35 0.25 0.22 0.22 0.19 0.32 0.12 0.29 0.17 0.14 0.23 0.15 0.24 0.12 0.11 -0.19 0.31 0.35 0.13 0.19 0.44 0.17 0.05 0.17 0.18 0.26 0.10 0.20 0.28 0.17 0.23 0.18 0.67 -0.85 0.49 0.47 0.05 0.13 0.44 0.70 0.86 0.69 0.53 0.73 1.12 0.53 0.43 0.72 0.72 0.10 0.70 0.27 0.81 0.64 0.49 0.44 0.86 0.29 0.68 0.37 -1.22 0.34 0.53 0.44 0.11 0.56 0.43 3.43 0.11 0.29 0.26 0.48 0.52 0.28 0.49 0.22 0.34 0.35 -0.11 0.17 0.44 0.48 0.32 -0.48
Shares Outstanding 3,523.4 3,419.6 3,415.5 3,417.5 3,417.6 3,417.5 3,418.3 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,406.9 3,411.0 3,417.5 3,417.5 3,417.5 3,403.1 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.6 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 3,417.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 683.5 684 683.5 683.5 683.5 683.5
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 2007 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2003 Q1 2002 Q4 2002 Q3
Current Assets
Cash & Cash Equivalents 3,514.5 4,670.5 4,969.0 4,561.0 3,640.2 1,682.6 444.9 2,809.3 412.6 838.5 329.1 283.0 836.5 1,867.5 1,788.8 643.6 491.5 717.9 445.8 55.4 159.6 396.4 25.7 3,366.4 453.0 566.6 2,633.4 2,663.9 2,205.1 3,029.2 3,619.3 2,832.7 2,963.9 2,283.0 2,101 1,367.6 1,983.8 1,886.2 1,415.5 1,374.4 1,431.9 1,047.4 852.5 771.0 1,352.3 801.5 447.1 102.9 232.4 281.0 1,063.3 485.6 462.1 538.3
Short-Term Investments 15,450.1 7,703.9 6,680.9 3,364.6 4,496.4 3,699.7 234.3 2,339.5 833.6 2,426.8 276.0 192.6 1,649.3 1,677.9 1,631.9 1,967.9 2,915.2 2,433.4 320.4 537.9 468.5 3,411.1 322.5 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 6,309.9 5,982.1 0 5,130.8 4,192.9 5,014.9 753.3 4,217.4 836.1 4,340.2 777.1 780.5 3,282.6 3,511.3 3,212.5 2,955.8 2,972.5 3,144.8 495.1 490.0 441.1 2,394.8 437.3 1,991.5 528.5 633.0 2,369.8 2,418.5 2,626.1 2,475.6 2,243.1 2,287.1 2,287.3 2,186.5 1,873.6 1,864.2 1,918.1 1,855.3 1,733.0 1,578.6 1,825.7 1,294.5 1,347.9 1,318.7 1,250.9 1,308.0 1,621.3 833.6 884.0 811.7 921.1 985.5 1,028.2 110.2
Inventory 124.2 22.1 28.8 24.7 82.9 10.8 18.0 115.9 24.4 86.0 24.1 25.0 117.3 124.2 120.1 122.9 117.5 113.5 19.4 21.7 18.8 104.8 17.3 84.7 13.1 17.5 95.2 120.4 70.6 65.6 66.9 64.8 75.5 85.7 123.2 66.7 64.1 58.0 51.9 49.8 56.7 31.1 34.7 39.9 76.8 42.2 40.0 20.3 21.2 22.3 20.0 18.3 22.6 19.0
Other Current Assets 232.4 168.7 878.7 153.4 1,089.2 200.8 49.7 279.0 14.9 92.0 16.3 17.0 518.1 103.8 385.2 519.6 503.2 93.3 15.3 23.3 24.8 133.7 0 538.3 0 0 22.5 24.7 26.0 31.9 25.0 13.8 14.1 18.8 15.2 30.6 22.0 24.1 18.4 210.0 204.4 766.1 387.8 141.5 202.2 181.3 23.3 30.4 29.8 42.7 190.0 224.2 143.4 951.9
Total Current Assets 25,631.0 18,547.2 12,557.4 13,234.4 13,501.7 10,608.9 1,500.2 9,761.1 2,121.6 7,783.4 1,422.7 1,298.1 6,403.8 7,284.7 7,138.4 6,209.7 7,000.0 6,503.0 1,295.9 1,128.2 1,112.9 6,440.8 802.8 5,981.0 994.6 1,217.1 5,120.9 5,227.5 4,927.8 5,602.2 5,954.4 5,198.5 5,340.7 4,574.1 4,113.1 3,329.0 3,988.0 3,823.6 3,218.7 3,212.8 3,340.8 3,139.1 2,622.9 2,271.1 4,281.6 2,333.0 2,131.8 987.2 1,167.5 1,157.7 2,194.4 1,713.5 1,592.2 1,619.5
Non-Current Assets
Property, Plant & Equipment 1,111.0 890.3 669.0 640.0 723.5 686.3 94.7 498.4 96.8 592.6 83.6 77.0 423.0 338.9 394.7 381.9 384.1 291.2 50.8 53.3 47.8 268.3 46.1 384.3 61.0 78.2 300.0 284.0 279.1 267.6 246.6 246.7 247.5 255.1 259.7 273.4 284.2 302.4 309.1 324.2 326.6 15,972.8 15,685.6 50.6 15,241.1 15,047.3 13,993.6 14,025.8 14,105.0 14,063.2 13,464.0 13,533.3 13,608.4 13,394.5
Goodwill 0 0 0 0 0 0 0 14.0 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
Intangible Assets 50,110.2 50,467.1 45,964.2 45,264.8 62,893.0 44,646.4 7,680.0 44,617.6 8,882.0 43,894.8 8,386.0 8,374.7 39,686.1 39,320.9 37,988.3 36,982.5 36,815.2 36,503.8 6,531.4 7,092.5 6,149.0 34,405.6 5,950.4 33,276.8 6,204.1 8,035.8 31,516.9 30,145.5 28,940.5 29,012.5 34,733.5 34,255.6 33,830.7 33,466.1 32,684.4 32,181.0 31,680.6 31,246.8 30,366.2 29,501.4 28,893.8 1,644.4 1,581.3 17,057.3 1,651.7 837.8 491.5 0 0 811.7 0 0 0 0
Long-Term Investments 38,097.5 34,212.3 233.2 19,094.6 225.8 18,586.5 4,682.1 192.7 1,838.5 161.9 1,873.9 2,122.6 149.6 110.8 92.9 87.0 85.0 79.4 1,858.7 1,869.3 1,706.9 63.4 1,673.9 59.7 249.1 316.1 63.2 60.8 57.1 44.6 41.8 41.3 40.4 36.9 35.8 34.6 33.0 31.1 29.4 28.8 29.9 0.7 0.7 673.1 1.4 0.7 0 0 0 0.7 0 0 0.7 0
Other Non-Current Assets 296.4 33.5 36,563.6 10,486.2 8,347.0 6,437.4 23.4 9,391.4 32.9 8,940.2 32.5 37.6 10,264.4 10,152.5 10,379.8 10,292.0 9,810.2 323.7 3.9 4.8 4.7 339.6 5.0 9,037.7 1,546.8 1,901.8 215.6 210.1 245.6 201.2 214.4 183.6 219.2 193.2 1,171.8 1,147.6 1,137.4 1,154.8 1,218.1 1,224.8 1,255.3 1,501.5 1,515.2 147.4 18,806.4 2,087.3 1,451.1 1,177.8 1,129.0 245.9 921.1 923.9 924.6 916.3
Total Non-Current Assets 92,036.4 87,670.5 83,430.1 75,485.5 72,189.3 70,356.6 12,788.5 54,844.9 11,134.4 53,687.5 10,376.0 10,611.8 50,523.0 49,923.1 48,855.7 47,743.3 47,094.5 46,662.5 8,444.8 9,019.8 7,908.4 43,977.8 7,675.3 42,758.4 8,061.0 10,331.8 40,717.2 38,757.1 38,385.7 37,962.9 36,291.7 35,772.0 35,344.9 34,972.4 34,260.3 33,807.3 33,310.4 32,921.4 32,071.8 31,204.4 30,632.8 19,740.2 19,374.1 17,972.0 36,601.4 18,429.0 16,271.3 15,449.6 15,466.1 15,372.9 14,591.5 14,641.0 14,739.8 14,840.1
Total Assets 117,667.5 106,217.7 95,987.5 88,719.9 85,690.9 80,965.4 14,288.7 64,606.0 13,256.0 61,471.0 11,798.7 11,910.0 56,926.8 57,207.8 55,994.1 53,953.0 54,094.5 53,165.5 9,740.7 10,148.1 9,021.2 50,418.6 8,478.1 48,739.4 9,055.6 11,548.9 45,838.0 43,984.6 43,313.5 43,565.1 42,246.1 40,970.6 40,685.6 39,546.4 38,373.4 37,136.3 37,298.5 36,745.0 35,290.5 34,417.2 33,973.6 22,879.3 21,997.0 20,243.1 40,883.0 20,762.0 18,403.1 16,436.8 16,633.7 16,530.7 16,785.9 16,354.5 16,331.9 16,459.6
Current Liabilities
Account Payables 861.4 2,398.8 1,526.0 1,219.4 1,068.6 766.6 49.4 499.6 98.0 456.2 103.5 53.2 257.7 430.9 289.1 311.7 252.1 236.8 47.2 45.0 44.3 263.7 42.2 397.0 46.7 91.9 325.9 454.1 427.4 466.0 384.5 271.1 310.7 344.9 284.8 384.2 201.7 312.0 257.2 236.6 198.1 389.6 362.0 435.3 350.9 323.8 128.5 24.3 26.5 51.9 24.2 24.3 36.6 25.9
Short-Term Debt 4,621.1 4,959.5 5,782.6 3,112.5 2,654.2 2,927.7 479.5 2,419.4 538.1 2,498.0 526.1 529.9 1,871.0 2,129.4 1,669.4 1,685.3 1,671.5 1,724.7 600.8 649.6 570.2 2,969.0 257.7 3,334.5 622.5 699.7 1,536.9 1,457.0 1,425.2 2,084.5 2,087.3 1,952.2 1,859.2 1,729.2 1,369.0 1,326.0 1,430.5 1,231.7 1,532.9 1,595.7 1,461.8 1,413.0 955.8 1,009.9 1,614.3 1,289.8 732.1 1,116.1 977.8 997.0 1,184.3 1,286.4 1,332.5 1,378.9
Deferred Revenue 0 0 0 267.2 0 0 0.0 19.5 4.2 22.0 5.3 18.6 0 131.1 0 0 0 2,510.6 30.9 36.1 34.1 2,123.3 37.9 0 0 0 1,719.5 1,806.0 2,437.9 2,351.6 1,629.5 1,702.8 2,460.9 2,386.9 1,772.4 1,929.1 2,556.5 2,517.5 1,689.8 1,783.3 2,014.9 556.8 933.9 1,467.3 2,313.4 1,328.0 74.6 63.0 58.9 265.3 9.9 9.9 9.9 0
Other Current Liabilities 8,698.9 6,337.9 3,115.3 1,609.7 5,253.9 3,695.8 673.9 2,110.5 870.0 3,143.3 594.3 452.3 2,610.1 2,397.5 1,430.9 1,470.6 2,089.7 (33.1) 345.4 353.2 377.7 247.0 298.0 1,249.2 533.3 634.7 1,193.4 1,268.9 1,528.6 1,688.9 882.2 884.8 1,515.6 1,574.4 957.2 975.0 1,684.5 1,729.9 1,183.0 1,117.7 1,309.0 868.5 843.0 812.5 4,223.2 637.3 1,292.2 417.7 605.9 459.6 647.3 749.9 480.5 756.5
Total Current Liabilities 14,739.3 16,544.6 14,534.6 10,462.4 12,412.1 11,972.2 1,317.3 7,084.8 1,729.6 8,407.8 1,425.2 1,337.1 6,163.8 6,657.3 4,836.7 4,775.7 5,214.7 5,092.9 1,126.4 1,182.2 1,099.3 5,900.1 748.3 6,680.8 1,340.1 1,604.3 4,355.1 4,450.5 4,874.8 5,398.6 4,484.1 4,254.9 4,968.7 4,771.9 3,724.8 3,814.2 4,369.4 4,302.5 3,887.3 3,845.8 3,959.2 3,227.8 3,094.7 3,081.1 6,527.0 3,036.3 2,227.5 1,621.0 1,669.1 1,728.3 1,865.7 2,070.5 2,021.3 2,161.3
Non-Current Liabilities
Long-Term Debt 46,079.8 34,912.2 29,143.8 27,736.4 24,529.5 21,862.6 3,845.4 19,357.4 3,785.9 16,586.8 3,194.7 3,278.5 15,992.1 16,370.1 16,623.6 15,554.9 15,452.8 15,475.9 2,607.4 2,545.5 2,367.3 13,815.0 2,394.9 12,539.2 2,085.5 2,468.3 11,480.3 10,788.8 10,092.4 10,499.6 11,072.1 10,667.7 10,057.1 9,810.2 9,959.8 9,744.7 9,756.8 10,180.0 10,274.6 10,191.1 10,190.9 6,019.5 5,610.1 5,548.0 9,522.3 5,384.7 5,016.6 6,200.3 6,279.5 6,267.3 6,619.1 6,387.4 6,593.0 6,821.0
Deferred Tax Liabilities 5,418.9 5,195.5 0 4,075.7 0 3,779.7 795.9 176.4 295.1 164.1 14.4 21.1 0 189.3 0 0 0 443.2 49.1 58.1 51.6 0 74.5 0 67.0 107.9 0 0 0 261.2 113.3 128.6 53.4 36.8 39.8 39.7 39.8 138.1 137.0 133.5 52.4 162.6 157.7 0 294.0 0 154.4 127.8 117.6 121.1 80.7 78.8 75.9 227.3
Other Non-Current Liabilities 7,407.1 7,065.7 9,598.7 5,675.1 10,107.4 6,161.0 1,317.8 5,878.4 1,242.3 6,109.7 1,177.3 1,247.0 6,363.1 6,302.7 6,811.3 6,965.9 7,122.3 6,759.3 1,373.8 1,476.1 1,291.5 7,500.6 1,322.6 7,812.1 1,417.1 1,851.1 7,728.4 7,558.3 7,547.1 7,565.6 7,352.5 7,276.6 7,017.7 6,907.3 6,885.6 6,676.7 6,539.0 6,305.7 5,604.3 5,248.9 4,949.8 1,305.7 432.8 3,175.4 634.4 1,592.4 1,237.5 909.0 884.0 691.5 661.0 450.4 327.0 317.3
Total Non-Current Liabilities 59,641.6 47,293.2 38,742.6 37,813.4 34,880.9 32,065.1 6,010.3 25,724.2 5,397.1 23,205.7 4,460.9 4,613.6 22,682.3 23,216.9 23,802.2 22,903.1 22,972.5 23,140.7 4,116.9 4,175.5 3,794.6 21,724.8 3,880.5 20,783.6 3,670.9 4,566.2 19,681.1 18,941.0 18,239.7 18,614.8 18,975.0 18,493.9 17,623.4 17,261.6 17,385.4 16,959.5 16,835.5 17,023.3 15,878.9 15,440.0 15,669.0 8,499.7 8,084.1 8,723.4 12,617.2 6,977.1 6,408.5 7,237.0 7,281.1 7,225.4 7,360.9 6,916.6 7,064.2 7,365.6
Total Liabilities 74,381.0 63,837.8 53,277.2 48,275.8 47,293.0 44,037.4 7,327.5 32,809.0 7,126.7 31,613.6 5,886.0 5,950.7 28,846.0 29,874.2 28,638.8 27,678.8 28,187.1 28,233.6 5,243.4 5,357.7 4,893.9 27,624.9 4,628.7 27,464.4 5,011.0 6,170.5 24,036.2 23,391.6 23,114.5 24,013.4 23,459.1 22,748.8 22,592.2 22,033.4 21,110.2 20,773.7 21,204.9 21,325.8 19,766.2 19,285.7 19,628.2 11,727.4 11,178.8 11,804.5 19,144.2 10,013.4 8,636.0 8,858.1 8,950.2 8,953.7 9,226.5 8,987.1 9,085.5 9,527.0
Stockholders' Equity
Common Stock 21,117.0 21,199.4 18,400 18,400 18,400 15,000 2,754.4 15,000 2,996.7 15,000 2,996.9 3,109.5 15,000 15,000 15,000 15,000 15,000 15,000 2,752.8 2,989.3 2,658.2 15,000 2,661.2 15,000 2,892.1 3,728.8 15,000 15,000 15,000 15,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 0 0 0 12,177.8 0 0 3,402.7 3,417.1 50.5 3,388.5 3,398.5 49.5 3,366.7
Retained Earnings 1,249.1 0 18,253.6 3,618.1 18,247.7 21,647.7 0 2,032.8 164.5 0 467.0 309.1 12,903.1 76.9 12,308.9 11,227.9 10,861.0 9,885.5 319.0 253.1 88.0 8,194.7 0 7,187.2 0 0 2,310.5 1,101.7 647.3 5,100.8 1,327.5 762.3 580.4 8,051.1 1,906.7 1,006.2 674.4 6,244.9 2,000.2 1,426.3 628.8 680.9 329.6 2,110.6 3,752.2 2,189.3 770.3 60.2 99.6 1,398.8 423.4 184.4 935.3 (907.4)
Accumulated Other Comprehensive Income 21,268.4 21,655.6 6,056.6 18,426.1 1,750.2 280.3 4,206.7 14,764.3 2,968.2 14,857.4 2,448.8 2,540.8 177.6 12,333.5 46.4 46.4 46.4 9,931.9 1,425.5 1,547.9 1,381.1 7,793.7 1,188.1 (912.2) 1,152.6 1,649.6 5,040.5 5,040.5 5,100.8 4,551.7 7,997.6 7,997.6 7,513.0 7,513.0 6,182.1 6,182.1 5,419.2 5,419.2 3,524.1 3,705.2 3,716.6 0 0 0 2,331.6 0 0 0 0 2,723.7 0 0 2,858.0 0
Total Stockholders' Equity 43,164.9 42,379.8 42,710.3 40,444.1 38,397.9 36,928.1 6,961.1 31,797.1 6,129.3 29,857.4 5,912.6 5,959.3 28,080.7 27,333.5 27,355.3 26,274.2 25,907.4 24,931.9 4,497.4 4,790.3 4,127.3 22,793.7 3,849.3 21,275.0 4,044.6 5,378.4 21,801.9 20,593.0 20,199.0 19,551.7 18,787.0 18,221.8 18,093.4 17,513.0 17,263.2 16,362.7 16,093.6 15,419.2 15,524.3 15,131.5 14,345.4 11,151.9 10,818.2 8,438.6 21,738.8 10,748.6 9,767.1 7,578.7 7,683.5 7,576.9 7,559.4 7,367.4 7,246.5 6,932.7
Total Liabilities & Equity 117,667.5 106,217.7 95,987.5 88,719.9 85,690.9 80,965.4 14,288.7 64,606.0 13,256.0 61,471.0 11,798.7 11,910.0 56,926.8 57,207.8 55,994.1 53,953.0 54,094.5 53,165.5 9,740.7 10,148.1 9,021.2 50,418.6 8,478.1 48,739.4 9,055.6 11,548.9 45,838.0 43,984.6 43,313.5 43,565.1 42,246.1 40,970.6 40,685.6 39,546.4 38,373.4 37,136.3 37,298.5 36,745.0 35,290.5 34,417.2 33,973.6 22,879.3 21,997.0 20,243.1 40,883.0 20,762.0 18,403.1 16,436.8 16,633.7 16,530.7 16,785.9 16,354.5 16,331.9 16,459.6
Debt Metrics
Total Debt 50,817.4 39,991.4 34,926.4 31,283.5 27,638.3 25,258.3 4,376.1 22,273.2 4,395.4 19,536.3 3,792.8 3,872.9 18,295.9 18,958.7 18,778.5 17,726.6 17,628.1 17,723.8 3,286.9 3,282.5 3,014.5 17,258.6 2,727.0 16,387.4 2,794.6 3,281.3 13,667.0 12,906.3 12,180.8 13,152.8 13,727.0 13,186.2 12,482.5 12,101.0 11,887.8 11,624.8 11,741.5 11,964.1 11,989.0 11,786.8 12,193.2 7,432.4 6,565.9 6,558.0 12,691.2 6,674.5 5,748.7 7,316.3 7,257.3 7,264.3 7,803.5 7,673.8 7,925.5 8,199.9
Net Debt 47,303.0 35,321.0 29,957.4 26,722.5 23,998.2 23,575.7 3,931.2 19,463.9 3,982.8 18,697.9 3,463.7 3,589.9 17,459.5 17,091.2 16,989.7 17,083.0 17,136.6 17,005.9 2,841.1 3,227.2 2,855.0 16,862.2 2,701.2 13,021.0 2,341.6 2,714.7 11,033.6 10,242.4 9,975.7 10,123.6 10,107.7 10,353.5 9,518.6 9,817.9 9,786.8 10,257.2 9,757.6 10,077.9 10,573.5 10,412.4 10,761.3 6,385.1 5,713.3 5,787.0 11,338.9 5,873.0 5,301.6 7,213.5 7,024.9 6,983.2 6,740.2 7,188.2 7,463.4 7,661.5
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 2005 Q3 2005 Q2 2005 Q1 2004 Q2 2004 Q1 2003 Q4 2003 Q3 2003 Q2 2003 Q1
Operating Activities
Net Income 1,716.3 2,982.2 2,158.6 2,136.0 1,482.1 1,230.6 6,111.9 1,209.5 1,323.9 1,286.6 1,277.6 743.7 1,132.9 122.2 1,638.2 422.5 1,474.2 567.4 468.5 773.1 750.6 831.5 421.6 378.2 (977.3) 1,057.0 1,838.6 648.8 991.2 1,925.4 863.5 234.7 888.7 619.7 1,369.3 478.7 1,035.8 1,061.7 886.8 1,211.8 968.8 188.4 338.9 150.9 (73.8) 115.9 297.9 33.2 330.6 171.6
Depreciation & Amortization 684.4 546.8 535.1 543.4 583.6 520.5 592.9 789.4 773.8 749.2 713.5 670.8 657.1 123.5 613.7 598.2 589.7 593.3 564.9 553.1 542.1 526.8 528.2 498.5 483.6 480.7 464.0 424.5 410.9 395.1 342.5 327.0 327.9 327.4 324.5 318.0 331.9 287.6 280.2 294.2 284.7 (145.6) (151.7) (145.0) (148.6) (144.1) 962.4 (129.7) (134.8) (133.4)
Stock-Based Compensation 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 0 0
Change in Working Capital (1,578.8) 2,887.4 1,408.2 (832.0) 96.2 (603.4) 568.7 (217.5) (631.6) (193.2) (185.4) (676.7) (1,409.1) (29.5) (584.0) (427.2) (850.6) (541.3) (272.8) (290.0) (295.4) (376.4) (499.5) 70.9 (394.5) (370.0) 118.6 (57.6) (412.0) (424.5) 182.4 (143.1) (477.1) 72.7 (337.4) (316.1) (387.5) 2.0 (39.2) 70.7 (205.3) (120.8) (132.2) (205.3) (18.8) (211.4) (551.3) (202.8) 194.0 (55.0)
Other Non-Cash Items (66.5) (5,509.6) (928.6) 1,333.2 (1,061.3) 1,516.6 (5,703.3) (8.8) (68.6) 14.7 (173.6) 379.9 14.3 51.5 (862.7) 553.6 (596.6) 46.4 514.1 (107.6) 47.3 108.6 563.2 738.1 2,076.7 3.9 (1,230.9) 229.8 (400.2) (1,141.2) (254.1) 873.1 (77.5) (57.2) (504.3) 242.8 (216.7) (376.5) (474.0) (934.3) (315.6) 284.5 296.4 283.1 286.8 279.8 (122.5) 252.6 262.9 260.4
Operating Cash Flow 755.4 906.8 3,173.3 3,180.6 1,100.5 2,664.4 1,570.1 1,772.6 1,397.4 1,857.3 1,632.0 1,117.7 395.3 267.7 805.3 1,147.0 616.8 665.9 1,274.8 928.5 1,044.5 1,090.5 1,013.4 1,685.7 1,188.5 1,171.7 1,190.2 1,245.5 589.8 754.9 1,134.3 1,291.7 662.0 962.7 852.2 723.4 763.6 974.8 653.8 642.4 732.6 476.2 374.2 353.3 537.3 343.2 215.6 380.0 409.9 466.7
Investing Activities
Capital Expenditure (33.3) (4,078.4) 0 60.7 (60.7) (38.0) (26.2) 15.9 (15.9) (59.0) (48.0) (9.3) (31.0) (6.4) (17.7) (14.2) (8.6) (22.9) (14.5) (4.5) (8.3) (16.6) (5.1) (11.1) (403.2) (22.0) (27.6) (701.8) (228.3) (793.5) (575.7) (581.3) (232.8) (730.5) (565.0) (149.7) (531.5) (680.1) (582.2) (459.6) (413.9) (170.6) (141.2) (100.8) 0 0 (627.4) (160.6) (113.2) (108.2)
Acquisitions (1,022.1) 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 (124.7) 0 0 0 0
Purchases of Investments (18,627.4) (11,395.1) 0 0 0 (1,293.8) 0 0 0 0 0 0 0 (0.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (10.7) 0 0 0 (0.7) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 11,351.5 10,735.0 0 0 0 (1,119.3) 0 0 0 0 331.3 0 0 (16.8) 0 0 0 0 0 0 781.5 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
Other Investing Activities (7.8) 14.0 (6,472.0) (3,093.8) (1,413.4) (2,011.1) (3,878.9) 660.5 (2,268.9) (2,862.2) (1,651.6) (130.9) (552.6) 0 (628.6) 39.2 (1,094.1) (1,828.8) (50.1) (864.3) (651.3) (2,564.2) (2,904.1) (864.0) (0.3) (1,169.6) (1,125.5) 12.2 5.9 (7.4) (11.2) 8.4 4.8 (3.6) 15.4 (8.6) 2.1 (5.6) 8.2 (0.1) 2.6 (0.0) (0.0) (0.0) (194.1) 0.1 (216.2) (3.3) (1.5) (2.5)
Investing Cash Flow (13,267.9) (4,724.5) (6,472.0) (3,033.0) (1,474.1) (4,462.1) (3,905.1) 676.4 (2,284.8) (2,921.2) (1,408.5) (140.3) (583.6) (221.8) (646.3) 25 (1,102.7) (1,851.7) (64.6) (868.8) 121.9 (2,580.8) (2,909.2) (875.1) (403.5) (1,191.5) (1,153.1) (689.5) (233.1) (800.8) (586.9) (572.9) (228.7) (734.1) (549.7) (158.3) (529.4) (685.8) (573.9) (459.7) (411.3) (170.7) (141.2) (100.8) (194.1) (124.6) (843.6) (163.9) (114.7) (110.7)
Financing Activities
Net Debt Issuance 12,092.2 4,308.1 3,915.2 3,306.6 2,510.3 856.7 0 (593.9) 2,279.7 484.4 200.5 509.7 (594.6) (12.5) 1,147.9 (249.9) 423.2 (294.7) 1,094.8 (263.0) (510.8) 1,937.0 (1,153.8) 1,300.7 (550.4) (208.1) 178.7 1,047.0 103.8 (429.2) 274.8 142.4 261.4 (30.7) 439.4 27.6 (128.5) 189.5 10.3 195.7 174.7 (953.6) 261.6 95.5 (277.7) (266.9) 837.1 (932.6) 394.8 (328.4)
Stock Repurchased (121.1) 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 0
Dividends Paid 0 0 0 (2,363.8) 0 0 (0.1) (928.8) 0 0 0 (823.7) 0 1.2 0 (603.5) 0 0 0 (254.2) 0 0 (0.0) (890.1) 0 (0.0) 0 (740.0) (0.0) 0 0 (653.4) 0 0 0 (765.9) 0 0 (0.0) (139.4) 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (560.6) (796.2) (208.5) (169.5) (179.2) 230.3 1,918.9 (136.3) (211.4) (174.9) (157.5) (172.8) (248.2) (21.4) (161.7) (166.5) (163.8) (203.6) (152.9) (157.0) (187.5) (164.1) (202.9) (178.2) (164.4) (152.2) (246.3) (404.2) (1,284.6) (114.9) (35.7) (338.9) (13.9) (15.9) (8.5) (443.0) (8.1) (7.7) (49.1) (435.9) (703.4) (5.5) (63.4) (2.5) (193.8) (1.4) (295.0) 105.2 (110.9) (3.5)
Financing Cash Flow 11,410.6 3,511.9 3,706.7 773.3 2,331.2 1,087.0 1,918.9 (1,659.0) 2,068.3 309.5 43.0 (486.7) (842.8) (32.7) 986.2 (1,020.0) 259.4 (498.3) 941.9 (674.2) (698.4) 1,772.9 (1,356.8) 232.4 (714.9) (360.3) (67.6) (97.2) (1,180.8) (544.1) 239.1 (849.9) 247.5 (46.6) 430.9 (1,181.3) (136.6) 181.8 (38.8) (240.2) (528.7) (959.1) 198.2 93.0 (471.5) (268.3) 542.1 (827.4) 283.9 (331.9)
Cash Position
Net Change in Cash (883.9) (305.8) 408.0 920.9 1,957.5 (710.7) (416.1) 790.0 1,180.9 (754.4) 266.5 490.7 (1,031.0) 23.1 1,145.2 152.1 (226.4) (1,684.1) 2,152.1 (614.5) 468.1 282.6 (3,252.6) 1,043.0 70.2 (380.2) (30.5) 458.8 (824.1) (590.1) 786.5 (131.1) 680.8 182.0 733.4 (616.2) 97.6 470.8 41.1 (57.5) (207.3) (654.2) 432.1 345.5 (129.5) (49.7) 542.1 (607.4) 577.7 24.1
Cash at Beginning 4,398.3 4,969.0 4,561.0 3,640.2 1,682.6 2,393.3 2,809.4 2,019.4 838.5 1,592.9 1,327.2 836.5 1,867.5 337.7 643.6 491.5 717.9 2,402.0 249.9 864.5 396.4 113.8 3,366.4 2,323.4 2,253.2 2,633.4 2,663.9 2,205.1 3,029.2 3,619.3 2,832.7 2,963.9 2,283.0 2,101 1,367.6 1,983.8 1,886.2 1,415.5 1,374.4 1,431.9 1,639.2 882.8 450.7 105.2 232.4 282.1 0 1,063.3 485.6 461.4
Cash at End 3,514.5 4,663.2 4,969.0 4,561.0 3,640.2 1,682.6 2,393.3 2,809.4 2,019.4 838.5 1,593.7 1,327.2 836.5 360.8 1,788.8 643.6 491.5 717.9 2,402.0 249.9 864.5 396.4 113.8 3,366.4 2,323.4 2,253.2 2,633.4 2,663.9 2,205.1 3,029.2 3,619.3 2,832.7 2,963.9 2,283.0 2,101 1,367.6 1,983.8 1,886.2 1,415.5 1,374.4 1,431.9 228.6 882.8 450.7 102.9 232.4 542.1 455.9 1,063.3 485.6
Free Cash Flow 722.1 (3,171.6) 3,173.3 3,241.3 1,039.8 2,626.4 1,543.9 1,788.5 1,381.5 1,798.3 1,584.1 1,108.4 364.4 261.4 787.6 1,132.8 608.3 643.0 1,260.3 924.0 1,036.2 1,073.9 1,008.3 1,674.7 785.4 1,149.7 1,162.7 543.8 361.5 (38.6) 558.7 710.4 429.3 232.2 287.1 573.7 232.1 294.6 71.6 182.8 318.8 305.5 233.0 252.5 537.3 343.2 (411.8) 219.4 296.7 358.6
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 2005 Q4 2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 2004 Q1 2003 Q4 2003 Q2 2002 Q4 2002 Q2
Income Statement
Revenue 9,778.4 10,528.2 9,424.9 8,964.5 8,426.2 14,399.1 14,996.8 6,749.5 6,560.2 7,265.9 6,453.2 6,154.5 5,698.4 5,932.2 5,987.7 5,265.4 4,870.4 5,063.8 5,153.9 4,595.9 4,677.4 4,884.2 4,438.5 4,432.5 4,042.3 4,696.6 5,410.6 3,997.9 3,878.5 4,902.4 3,810.8 3,672.2 3,699.7 4,018.3 3,536.4 3,494.6 3,558.8 3,886.0 3,745.8 3,438.6 3,027.8 3,223.1 3,197.0 2,822.9 2,468.6 2,843.6 2,823.5 2,754.2 2,791.9 3,101.9 2,772.4 2,796.3 2,645.0 2,990.7 2,710.7 2,478.3 2,588.4 2,711.6 2,592.8 2,341.6 2,295.7 3,873.6 1,835.6 1,769.8 1,752.0 3,673.6 1,629.0 1,623.6 1,653.4 1,835.6 1,717.3 1,627.3 1,540.1 1,551.0 1,497.1 1,445.8 1,454.2 1,437.3 1,405.0 1,313.0 1,348.7 2,566.0 1,222.5 1,238.2 1,154.8 1,179.1 1,088.5 1,038.6 1,091.7 1,110.8 963.2 985.3 954.6
Gross Profit 3,795.0 3,417.4 2,994.4 3,749.1 3,520.6 4,288.4 11,009.4 2,884.4 2,584.8 3,023.0 2,508.7 1,943.9 2,044.6 1,997.2 2,220.1 1,733.5 1,754.0 1,700.0 1,829.1 1,532.5 1,629.4 1,887.9 1,496.0 1,613.6 1,620.3 1,839.8 3,030.9 1,433.9 1,541.4 2,420.8 1,497.5 1,519.9 1,560.4 1,589.5 1,489.1 1,253.2 1,497.4 1,318.0 1,509.1 1,171.4 1,086.6 1,087.9 935.5 717.4 710.0 702.8 837.6 924.0 1,113.2 1,196.6 1,130.2 1,064.3 1,108.2 1,181.9 1,118.7 908.4 1,082.9 1,123.9 957.1 902.4 927.3 1,006.3 1,012.2 988.5 1,029.5 1,013.7 866.9 793.5 818.2 949.1 884.8 810.6 875.3 856.8 831.2 769.7 805.1 750.5 754.0 646.5 747.4 1,339.1 621.6 640.1 599.4 565.4 533.4 492.3 553.1 561.8 453.0 491.6 493.5
Operating Income 3,330.7 3,300.5 2,580.6 3,310.5 2,843.9 3,347.1 9,849.4 2,193.0 1,662.1 (4,172.0) 1,708.6 1,029.7 1,393.3 4,645.2 1,539.9 908.2 1,144.9 4,097.6 1,244.0 913.6 1,103.6 4,492.4 1,000.7 1,098.2 1,012.2 5,711.6 (472.3) (629.6) (399.7) 6,473.6 (371.2) (447.9) 1,085.2 5,263.0 (342.7) (493.2) (465.4) 906.7 1,063.1 839.4 (457.9) 3,100.3 (249.4) (233.2) 1,135.1 184.8 (344.6) (479.7) (400.7) 843.7 (284.9) (348.2) 737.0 3,940.2 662.1 639.9 710.6 642.8 634.5 647.7 429.4 1,021.9 687.5 491.5 471.3 772.2 305.6 642.8 399.8 (243.9) 489.6 460.9 462.7 132.5 460.7 461.6 453.6 720.7 325.1 292.5 459.3 941.5 279.9 497.6 230.0 848.1 374.6 (74.2) 179.7 702.0 451.3 2,632.1 (474.0)
Net Income 1,716.3 2,519.2 2,158.6 2,136.0 1,482.1 2,258.2 6,111.9 1,209.5 823.3 1,186.3 846.3 743.7 747.2 642.2 1,081.1 422.5 975.5 567.4 468.5 773.1 496.9 831.5 421.6 378.2 (657.9) 1,057.0 1,208.9 454.4 647.3 1,507.6 565.2 181.9 580.4 612.6 900.5 331.8 674.4 946.9 573.9 797.5 628.8 460.9 (580.1) 337.3 318.2 31.5 91.5 302.4 477.6 590.7 475.0 361.7 496.2 765.4 361.8 292.8 491.9 493.0 68.0 479.6 182.8 556.4 437.0 333.6 299.0 591.1 195.7 464.7 256.2 (831.3) 231.1 360.0 303.7 74.6 382.2 295.5 292.9 72.9 197.4 175.5 328.9 356.9 191.1 337.6 150.9 234.9 235.9 (73.3) 115.9 297.9 331.1 221.5 (330.1)
EPS (Diluted) 0.49 0.73 0.63 0.62 0.43 0.66 1.79 0.35 0.24 0.35 0.25 0.22 0.22 0.19 0.32 0.12 0.29 0.17 0.14 0.23 0.15 0.24 0.12 0.11 -0.19 0.31 0.35 0.13 0.19 0.44 0.17 0.05 0.17 0.18 0.26 0.10 0.20 0.28 0.17 0.23 0.18 0.67 -0.85 0.49 0.47 0.05 0.13 0.44 0.70 0.86 0.69 0.53 0.73 1.12 0.53 0.43 0.72 0.72 0.10 0.70 0.27 0.81 0.64 0.49 0.44 0.86 0.29 0.68 0.37 -1.22 0.34 0.53 0.44 0.11 0.56 0.43 3.43 0.11 0.29 0.26 0.48 0.52 0.28 0.49 0.22 0.34 0.35 -0.11 0.17 0.44 0.48 0.32 -0.48
Balance Sheet
Cash & Equivalents 3,514.5 4,670.5 4,969.0 4,561.0 3,640.2 1,682.6 444.9 2,809.3 412.6 838.5 329.1 283.0 836.5 1,867.5 1,788.8 643.6 491.5 717.9 445.8 55.4 159.6 396.4 25.7 3,366.4 453.0 566.6 2,633.4 2,663.9 2,205.1 3,029.2 3,619.3 2,832.7 2,963.9 2,283.0 2,101 1,367.6 1,983.8 1,886.2 1,415.5 1,374.4 1,431.9 1,047.4 852.5 771.0 1,352.3 801.5 447.1 102.9 232.4 281.0 1,063.3 485.6 462.1 538.3
Total Assets 117,667.5 106,217.7 95,987.5 88,719.9 85,690.9 80,965.4 14,288.7 64,606.0 13,256.0 61,471.0 11,798.7 11,910.0 56,926.8 57,207.8 55,994.1 53,953.0 54,094.5 53,165.5 9,740.7 10,148.1 9,021.2 50,418.6 8,478.1 48,739.4 9,055.6 11,548.9 45,838.0 43,984.6 43,313.5 43,565.1 42,246.1 40,970.6 40,685.6 39,546.4 38,373.4 37,136.3 37,298.5 36,745.0 35,290.5 34,417.2 33,973.6 22,879.3 21,997.0 20,243.1 40,883.0 20,762.0 18,403.1 16,436.8 16,633.7 16,530.7 16,785.9 16,354.5 16,331.9 16,459.6
Total Debt 50,817.4 39,991.4 34,926.4 31,283.5 27,638.3 25,258.3 4,376.1 22,273.2 4,395.4 19,536.3 3,792.8 3,872.9 18,295.9 18,958.7 18,778.5 17,726.6 17,628.1 17,723.8 3,286.9 3,282.5 3,014.5 17,258.6 2,727.0 16,387.4 2,794.6 3,281.3 13,667.0 12,906.3 12,180.8 13,152.8 13,727.0 13,186.2 12,482.5 12,101.0 11,887.8 11,624.8 11,741.5 11,964.1 11,989.0 11,786.8 12,193.2 7,432.4 6,565.9 6,558.0 12,691.2 6,674.5 5,748.7 7,316.3 7,257.3 7,264.3 7,803.5 7,673.8 7,925.5 8,199.9
Stockholders' Equity 43,164.9 42,379.8 42,710.3 40,444.1 38,397.9 36,928.1 6,961.1 31,797.1 6,129.3 29,857.4 5,912.6 5,959.3 28,080.7 27,333.5 27,355.3 26,274.2 25,907.4 24,931.9 4,497.4 4,790.3 4,127.3 22,793.7 3,849.3 21,275.0 4,044.6 5,378.4 21,801.9 20,593.0 20,199.0 19,551.7 18,787.0 18,221.8 18,093.4 17,513.0 17,263.2 16,362.7 16,093.6 15,419.2 15,524.3 15,131.5 14,345.4 11,151.9 10,818.2 8,438.6 21,738.8 10,748.6 9,767.1 7,578.7 7,683.5 7,576.9 7,559.4 7,367.4 7,246.5 6,932.7
Cash Flow
Operating Cash Flow 755.4 906.8 3,173.3 3,180.6 1,100.5 2,664.4 1,570.1 1,772.6 1,397.4 1,857.3 1,632.0 1,117.7 395.3 267.7 805.3 1,147.0 616.8 665.9 1,274.8 928.5 1,044.5 1,090.5 1,013.4 1,685.7 1,188.5 1,171.7 1,190.2 1,245.5 589.8 754.9 1,134.3 1,291.7 662.0 962.7 852.2 723.4 763.6 974.8 653.8 642.4 732.6 476.2 374.2 353.3 537.3 343.2 215.6 380.0 409.9 466.7
Capital Expenditure (33.3) (4,078.4) 0 60.7 (60.7) (38.0) (26.2) 15.9 (15.9) (59.0) (48.0) (9.3) (31.0) (6.4) (17.7) (14.2) (8.6) (22.9) (14.5) (4.5) (8.3) (16.6) (5.1) (11.1) (403.2) (22.0) (27.6) (701.8) (228.3) (793.5) (575.7) (581.3) (232.8) (730.5) (565.0) (149.7) (531.5) (680.1) (582.2) (459.6) (413.9) (170.6) (141.2) (100.8) 0 0 (627.4) (160.6) (113.2) (108.2)
Free Cash Flow 722.1 (3,171.6) 3,173.3 3,241.3 1,039.8 2,626.4 1,543.9 1,788.5 1,381.5 1,798.3 1,584.1 1,108.4 364.4 261.4 787.6 1,132.8 608.3 643.0 1,260.3 924.0 1,036.2 1,073.9 1,008.3 1,674.7 785.4 1,149.7 1,162.7 543.8 361.5 (38.6) 558.7 710.4 429.3 232.2 287.1 573.7 232.1 294.6 71.6 182.8 318.8 305.5 233.0 252.5 537.3 343.2 (411.8) 219.4 296.7 358.6