SFD - Smithfield Foods, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$32.00
DETAILS
HIGH:
$32.00
LOW:
$32.00
MEDIAN:
$32.00
CONSENSUS:
$32.00
UPSIDE:
29.40%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2015 | 2014 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||
| Revenue | 15,531 | 14,142 | 14,640 | 16,199 | 15,009 | 14,438.4 | 15,031.3 | 13,221.1 | 13,094.3 | 12,202.7 | 11,202.6 | 12,487.7 | 11,351.2 | 9,359.3 | 8,828.1 | 11,248.4 | 9,178.2 | 7,135.4 | 6,604.9 | 5,899.9 | 5,150.5 | 3,775 | 3,867.4 | 3,870.6 | 2,383.9 | 1,526.5 | 1,447.3 | 1,142.5 | 1,050.6 | 1,071.8 | 853.4 | 774.8 | 916.3 | 1,046.6 | 864.3 |
| Cost of Revenue | 13,442 | 12,244 | 13,751 | 14,704 | 13,437 | 12,683 | 13,255.7 | 11,901.4 | 11,544.9 | 10,488.6 | 10,472.5 | 11,855.3 | 10,196.6 | 8,292.8 | 7,783.9 | 10,036.1 | 8,244.5 | 6,533.2 | 5,719 | 4,935.8 | 4,447.3 | 3,230.4 | 3,476.1 | 3,546.4 | 2,201.3 | 1,378.2 | 1,238.3 | 996.3 | 910.3 | 931.2 | 755.6 | 745.1 | 874.7 | 950.1 | 778.2 |
| Gross Profit | 2,089 | 1,897 | 889 | 1,495 | 1,572 | 1,755.4 | 1,775.6 | 1,319.7 | 1,549.4 | 1,714.1 | 730.1 | 632.4 | 1,154.6 | 1,066.5 | 1,044.2 | 1,212.3 | 933.7 | 602.2 | 885.9 | 964.1 | 703.1 | 544.6 | 391.3 | 324.2 | 182.6 | 148.3 | 209 | 146.2 | 140.3 | 140.6 | 97.8 | 29.7 | 41.6 | 96.5 | 86.1 |
| Operating Expenses | |||||||||||||||||||||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 157 | 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 | 849 | 840 | 1,050 | 807 | 1,095 | 973.3 | 902.2 | 815.4 | 816.9 | 789.8 | 705.9 | 798.4 | 813.6 | 686 | 620.9 | 643.6 | 560.2 | 497.9 | 500.3 | 451.0 | 390.6 | 295.6 | 219.9 | 191.2 | 103.1 | 61.7 | 138.6 | 110.4 | 92.8 | 81.1 | 71.8 | 0 | 0 | 66.4 | 59.8 |
| Other Expenses | (52) | (60) | (105) | (586) | (44) | (11.7) | (58.2) | (15) | 9.9 | (170.7) | (38.6) | 57.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 155.3 | 119.0 | 68.6 | 45.9 | 39.1 | 28.3 | 22.1 | 23 | 20.1 | 12.8 | 11.6 | 10.2 | 8.8 | 8.9 | 8.1 | 7.3 |
| Operating Expenses | 797 | 780 | 945 | 378 | 1,051 | 961.6 | 844 | 800.4 | 826.8 | 619.1 | 667.3 | 856.3 | 813.6 | 686 | 620.9 | 643.6 | 560.2 | 497.9 | 500.3 | 606.2 | 509.6 | 364.2 | 265.8 | 230.3 | 131.4 | 83.8 | 161.6 | 130.5 | 105.6 | 92.7 | 82 | 8.8 | 8.9 | 74.5 | 67.1 |
| Operating Income | |||||||||||||||||||||||||||||||||||
| Operating Income | 1,292 | 1,118 | (56) | 1,117 | 521 | 793.8 | 931.6 | 519.3 | 722.6 | 1,095 | 62.8 | (223.9) | 341 | 380.5 | 423.3 | 568.7 | 373.5 | 104.3 | 385.6 | 357.9 | 193.5 | 180.4 | 125.5 | 93.9 | 51.2 | 64.5 | 47.4 | 15.7 | 34.7 | 47.9 | 15.8 | 20.9 | 32.7 | 22 | 19 |
| Interest Expense | 41 | 66 | 76 | 87 | 93 | 133.8 | 159.4 | 168.7 | 176.7 | 245.4 | 266.4 | 209.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||||
| EBITDA | 1,643 | 1,466 | 374 | 1,574 | 882 | 1,015.8 | 1,163.3 | 638.5 | 953.2 | 1,234.4 | 294.1 | 110.1 | 605.2 | 586 | 630.5 | 764.9 | 546.2 | 262.5 | 519.9 | 513.2 | 312.5 | 249 | 171.4 | 133 | 79.5 | 86.6 | 70.4 | 35.8 | 47.5 | 59.5 | 26 | 29.7 | 41.6 | 30.1 | 26.3 |
| EBIT | 1,311 | 1,127 | (53) | 1,134 | 551 | 781.7 | 932.5 | 398.6 | 710.4 | 1,002.5 | 51.8 | (160.4) | 341 | 380.5 | 423.3 | 568.7 | 373.5 | 104.3 | 385.6 | 373.1 | 193.5 | 180.4 | 125.5 | 93.9 | 51.2 | 64.5 | 47.4 | 15.7 | 34.7 | 47.9 | 15.8 | 20.9 | 32.7 | 22 | 19 |
| Income Before Tax | 1,282 | 1,069 | (174) | 1,042 | 486 | 647.9 | 773.1 | 229.9 | 533.7 | 757.1 | (214.6) | (369.5) | 212 | 289.1 | 313.1 | 454 | 253.9 | 16.5 | 303.8 | 357.3 | 120.0 | 143.5 | 81 | 67.6 | 30.3 | 50.4 | 32.6 | 4.4 | 33.3 | 43.6 | 10.7 | 16.7 | 28 | 16.4 | 18.4 |
| Income Tax Expense | 283 | 271 | (41) | 231 | 97 | 195.6 | 217 | 46.1 | 172.4 | 236.1 | (113.2) | (126.7) | 72.8 | 77.2 | 106.9 | 153.3 | 86.6 | 4.6 | 115.8 | 133.8 | 44.9 | 48.6 | 27.6 | 22.7 | 10.5 | 18.5 | 12.9 | 1.5 | 11.7 | 14.9 | 3.6 | 5.9 | 11.4 | 7.7 | 9.2 |
| Net Income | 987 | 953 | 17 | 870 | 472 | 452.3 | 556.1 | 183.8 | 361.3 | 521 | (101.4) | (190.3) | 128.9 | 166.8 | 172.7 | 296.2 | 227.1 | 26.3 | 196.9 | 223.5 | 75.1 | 94.9 | 53.4 | 44.9 | 15.9 | 27.8 | 19.7 | 4 | 21.6 | 28.7 | 7.1 | 10.8 | 16.6 | 8.7 | 9.2 |
| Per Share Data | |||||||||||||||||||||||||||||||||||
| EPS (Basic) | 2.51 | 2.42 | 0.04 | 2.21 | 1.20 | 1.19 | 1.46 | 1.26 | 2.23 | 3.14 | -0.65 | -1.35 | 0.96 | 1.49 | 1.55 | 2.66 | 2.05 | 0.24 | 1.78 | 4.13 | 1.54 | 2.39 | 0.70 | 0.61 | 0.21 | 0.40 | 1.13 | 0.06 | 0.35 | 0.50 | 0.12 | 0.17 | 0.24 | 0.13 | 0.12 |
| EPS (Diluted) | 2.51 | 2.42 | 0.04 | 2.21 | 1.20 | 1.19 | 1.46 | 1.26 | 2.21 | 3.12 | -0.65 | -1.35 | 0.96 | 1.49 | 1.54 | 2.64 | 2.03 | 0.24 | 1.78 | 4.06 | 1.52 | 2.32 | 0.68 | 0.59 | 0.21 | 0.40 | 1.13 | 0.06 | 0.35 | 0.50 | 0.12 | 0.17 | 0.24 | 0.13 | 0.12 |
| Shares Outstanding | 392.0 | 463.8 | 393.1 | 414.3 | 393.1 | 380.1 | 380.1 | 145.5 | 162.3 | 166 | 157.1 | 141.1 | 133.9 | 111.7 | 111.1 | 111.2 | 110.1 | 109.6 | 107.2 | 54.1 | 48.8 | 39.7 | 76.2 | 77.3 | 77.0 | 69.6 | 70.3 | 60 | 62.6 | 57.4 | 59.2 | 65.5 | 70.6 | 69.6 | 48.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2015 | 2014 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 1,539 | 943 | 687 | 547 | 704.9 | 433.5 | 310.6 | 324.3 | 374.7 | 451.2 | 119 | 57.3 | 57.8 | 89.4 | 94.5 | 74.3 | 64.8 | 71.1 | 56.5 | 49.9 | 30.6 | 60.5 | 25.8 | 28.5 | 14.8 | 12.4 | 3.1 | 1.7 | 2.7 | 1.1 | 1.1 | 1.2 | 0.7 | 0.7 |
| 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 |
| Net Receivables | 1,023 | 558 | 577 | 756 | 760 | 864 | 663.2 | 624.7 | 709.6 | 621.5 | 595.2 | 738.1 | 592 | 650 | 693.1 | 498.2 | 399.9 | 516.7 | 387.8 | 390.0 | 252.3 | 156.1 | 166.1 | 145 | 66.7 | 60.6 | 50.8 | 36.9 | 40.3 | 35.7 | 26.1 | 27.6 | 32.3 | 28.2 |
| Inventory | 2,328 | 2,412 | 2,536 | 2,934 | 2,099.7 | 2,206.8 | 2,348.3 | 2,072.4 | 2,019.9 | 1,860 | 1,896.1 | 2,278.4 | 1,731 | 1,584.2 | 1,616.3 | 1,328.8 | 1,007.5 | 860.5 | 729.2 | 665.1 | 348.9 | 249.5 | 253.3 | 210.8 | 119.2 | 119.3 | 94.8 | 51.5 | 59.5 | 48.5 | 35.6 | 38.5 | 35.3 | 42.8 |
| Other Current Assets | 276 | 289 | 1,121 | 1,306 | 0 | 0 | 0 | 0 | 0 | 0 | 136.7 | 682.2 | 679.6 | 88.4 | 0 | 0 | 124 | 0 | 0 | 127.7 | 50.3 | 45 | 43.2 | 36.1 | 32.6 | 34 | 29.3 | 35.2 | 10 | 4 | 20.7 | 5 | 3.3 | 3.1 |
| Total Current Assets | 5,166 | 4,202 | 4,921 | 5,543 | 3,741 | 3,748.6 | 3,551.8 | 3,299 | 3,337.9 | 3,320.3 | 2,784.5 | 3,850 | 3,163.6 | 2,475.3 | 2,517.4 | 2,023.6 | 1,650.5 | 1,520.4 | 1,263.7 | 1,232.7 | 682.1 | 511.1 | 488.4 | 420.4 | 233.3 | 226.3 | 178 | 125.3 | 112.5 | 89.3 | 83.5 | 72.3 | 71.6 | 74.8 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 3,613 | 3,511 | 3,728 | 3,786 | 2,867.3 | 2,753.4 | 2,298.4 | 2,277.2 | 2,309.1 | 2,358.7 | 2,443 | 2,850 | 2,189.5 | 2,040.9 | 1,919.1 | 1,761 | 1,504.5 | 1,548.1 | 1,274.5 | 1,213.6 | 790.8 | 472.2 | 426.9 | 372.7 | 274.3 | 206 | 204.4 | 137.4 | 75.8 | 61.2 | 53.9 | 46.7 | 48.8 | 46.4 |
| Goodwill | 1,623 | 1,613 | 1,627 | 1,617 | 1,619.5 | 1,626.2 | 782.4 | 768.2 | 793.3 | 822.9 | 820 | 864.6 | 516.6 | 720.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1,260 | 1,266 | 1,273 | 1,281 | 1,365.7 | 1,380.9 | 390.4 | 381.8 | 386.6 | 389.6 | 392.2 | 396.5 | 357.1 | 216 | 605.4 | 499.8 | 419.7 | 448.3 | 347.3 | 320.1 | 103 | 12.4 | 0 | 0 | 4.8 | 4.4 | 4.6 | 4.5 | 3.2 | 3.3 | 3.9 | 4.3 | 4.7 | 3.7 |
| Long-Term Investments | 209 | 202 | 191 | 224 | 142.5 | 498 | 532.4 | 522.6 | 582.5 | 625 | 601.6 | 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 Assets | 306 | 260 | 1,577 | 1,397 | 158 | 124.4 | 161 | 173.4 | 202.4 | 192.4 | 161.2 | 906.8 | 741.8 | 724.2 | 597.5 | 501.2 | 635.9 | 355.9 | 365.4 | 363.2 | 195.7 | 87.9 | 80 | 64.5 | 37.8 | 15.6 | 12.6 | 10.5 | 9.3 | 11.1 | 10.3 | 7.6 | 5.3 | 2.7 |
| Total Non-Current Assets | 7,011 | 6,852 | 8,396 | 8,305 | 6,153 | 6,382.9 | 4,164.6 | 4,123.2 | 4,273.9 | 4,388.6 | 4,418 | 5,017.9 | 3,805 | 3,702 | 3,122 | 2,762 | 2,560.1 | 2,352.3 | 1,987.2 | 1,896.9 | 1,089.5 | 572.5 | 506.9 | 437.2 | 316.9 | 226 | 221.6 | 152.4 | 88.3 | 75.6 | 68.1 | 58.6 | 58.8 | 52.8 |
| Total Assets | 12,177 | 11,054 | 13,317 | 13,847 | 9,894 | 10,131.5 | 7,716.4 | 7,422.2 | 7,611.8 | 7,708.9 | 7,202.5 | 8,867.9 | 6,968.6 | 6,177.3 | 5,639.4 | 4,785.6 | 4,210.6 | 3,872.7 | 3,250.9 | 3,129.6 | 1,771.6 | 1,083.6 | 995.3 | 857.6 | 550.2 | 452.3 | 399.6 | 277.7 | 200.8 | 164.9 | 151.6 | 130.9 | 130.4 | 127.6 |
| Current Liabilities | ||||||||||||||||||||||||||||||||||
| Account Payables | 856 | 777 | 789 | 1,015 | 686.1 | 675.1 | 429.1 | 415.8 | 434.4 | 383.8 | 390.2 | 589.8 | 455.1 | 516.2 | 568.3 | 461 | 340.1 | 355.8 | 278.1 | 270.0 | 207.7 | 118.9 | 132.3 | 113.3 | 55.4 | 48 | 33.4 | 34.7 | 26.9 | 24.4 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 3 | 17 | 69 | 9 | 30.3 | 48.1 | 676.1 | 63.5 | 143.7 | 89.7 | 338.3 | 409 | 254.3 | 258.8 | 142.1 | 104.7 | 119.2 | 92.9 | 115.1 | 113.4 | 89.7 | 8.5 | 85.3 | 124 | 79.7 | 61.8 | 54.5 | 45.5 | 32.8 | 33.3 | 27.7 | 17.4 | 16.7 | 21.5 |
| Deferred Revenue | 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 |
| Other Current Liabilities | 336 | 250 | 831 | 831 | 523.5 | 439.9 | 517.5 | 533.4 | 519.5 | 648 | 0 | 138.4 | 167.9 | 127.7 | 0 | 0 | 80.1 | 0 | 0 | 239.4 | 168.8 | 124.5 | 106.5 | 95.1 | 37.3 | 35 | 25.4 | 18.5 | 17.5 | 16.6 | 31 | 34.4 | 35.8 | 31.2 |
| Total Current Liabilities | 1,741 | 1,706 | 2,450 | 2,589 | 1,544.7 | 1,468.2 | 1,746.2 | 1,136.3 | 1,227.9 | 1,191.9 | 1,286.8 | 1,676 | 1,368.3 | 1,314 | 1,169.5 | 967 | 817.5 | 721.9 | 628.3 | 622.9 | 466.2 | 251.9 | 324.1 | 332.4 | 172.4 | 144.8 | 113.3 | 98.7 | 77.2 | 74.3 | 58.7 | 51.8 | 52.5 | 52.7 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||||
| Long-Term Debt | 2,000 | 1,983 | 2,006 | 2,029 | 2,257.9 | 2,678.5 | 1,829.2 | 1,900.9 | 1,978.6 | 2,918.4 | 2,649.9 | 3,474.4 | 2,838.6 | 2,299.5 | 2,127.8 | 1,696.8 | 1,523.1 | 1,387.1 | 1,146.2 | 1,187.8 | 594.2 | 407.3 | 288.5 | 188.6 | 155 | 118.9 | 124.5 | 49.1 | 37.4 | 28.2 | 27.6 | 18.5 | 26.1 | 33.6 |
| Deferred Tax Liabilities | 658 | 518 | 474 | 588 | 668.2 | 697.5 | 205.8 | 290.8 | 0 | 0 | 0 | 290.1 | 236.8 | 228.6 | 0 | 244 | 215.6 | 271.3 | 271.5 | 274.3 | 31.5 | 11.7 | 7.3 | 0 | 18.4 | 11.8 | 6.3 | 7.8 | 7.8 | 9.3 | 7.7 | 7.3 | 0 | 8.5 |
| Other Non-Current Liabilities | 391 | 486 | 575 | 711 | 548.3 | 697.1 | 824.8 | 704.2 | 856.7 | 838.4 | 686.2 | 362.3 | 270.2 | 288.7 | 498.3 | 265.7 | 350.5 | 111.5 | 103.3 | 109.0 | 80 | 46.6 | 67.9 | 74.1 | 10.4 | 8 | 7.5 | 6.8 | 5.6 | 6.1 | 14.1 | 14.1 | 17.5 | 8.5 |
| Total Non-Current Liabilities | 3,371 | 3,289 | 3,380 | 3,687 | 3,474.4 | 4,073.1 | 2,859.8 | 2,895.9 | 2,835.3 | 3,756.8 | 3,336.1 | 4,126.8 | 3,345.6 | 2,816.8 | 2,626.1 | 2,206.5 | 2,089.2 | 1,769.9 | 1,521.1 | 1,571.1 | 705.7 | 465.6 | 363.7 | 262.7 | 183.8 | 138.7 | 138.3 | 63.7 | 50.8 | 43.6 | 49.4 | 39.9 | 43.6 | 50.6 |
| Total Liabilities | 5,112 | 4,995 | 5,830 | 6,276 | 5,019.1 | 5,541.3 | 4,606 | 4,032.2 | 4,063.2 | 4,948.7 | 4,622.9 | 5,802.8 | 4,713.9 | 4,130.8 | 3,795.6 | 3,173.5 | 2,906.7 | 2,491.8 | 2,149.4 | 2,193.9 | 1,171.9 | 717.5 | 687.8 | 595.1 | 356.2 | 283.5 | 251.6 | 162.4 | 128 | 117.9 | 108.1 | 91.7 | 96.1 | 103.3 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 69.5 | 78.7 | 83 | 83 | 71.8 | 67.2 | 56.2 | 55.6 | 55.6 | 55.5 | 54.7 | 55.1 | 26.3 | 27.4 | 20.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 3,776 | 3,184 | 3,588 | 3,894 | 1,013.1 | 590.8 | 2,322.6 | 2,326.4 | 2,059.7 | 1,538.7 | 1,648.2 | 1,838.5 | 1,724.8 | 1,558 | 1,299.9 | 1,089.1 | 862 | 835.7 | 638.8 | 415.3 | 340.2 | 245.3 | 191.9 | 148.2 | 133.4 | 106.3 | 87.2 | 83.6 | 62 | 60.6 | 53.2 | 42.4 | 25.8 | 19.2 |
| Accumulated Other Comprehensive Income | (314) | (452) | (500) | (708) | (377.7) | (218.6) | (616.2) | (510.9) | (169.2) | (427.5) | (388.5) | 12.3 | (50.3) | (79.5) | (35.3) | (40.2) | (93) | (18.1) | (17.6) | (13.7) | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 6,801 | 5,834 | 7,241 | 7,374 | 4,820.5 | 4,539.5 | 3,097 | 3,387.3 | 3,545.5 | 2,755.6 | 2,561.4 | 3,048.2 | 2,240.8 | 2,028.2 | 1,816.3 | 1,598.9 | 1,299.2 | 1,362.8 | 1,053.1 | 902.9 | 542.2 | 361 | 307.5 | 262.5 | 194 | 165 | 145.8 | 113.8 | 71.1 | 45.4 | 43.5 | 39.2 | 34.3 | 24.3 |
| Total Liabilities & Equity | 12,177 | 11,054 | 13,317 | 13,847 | 9,894 | 10,131.5 | 7,716.4 | 7,422.2 | 7,611.8 | 7,708.9 | 7,202.5 | 8,867.9 | 6,968.6 | 6,177.3 | 5,639.4 | 4,785.6 | 4,210.6 | 3,872.7 | 3,250.9 | 3,129.6 | 1,771.6 | 1,083.6 | 995.3 | 857.6 | 550.2 | 452.3 | 399.6 | 277.7 | 200.8 | 164.9 | 151.6 | 130.9 | 130.4 | 127.6 |
| Debt Metrics | ||||||||||||||||||||||||||||||||||
| Total Debt | 2,396 | 2,358 | 2,463 | 2,469 | 2,288.2 | 2,726.6 | 2,505.3 | 1,964.4 | 2,122.3 | 3,008.1 | 2,988.2 | 3,883.4 | 3,092.9 | 2,558.3 | 2,269.9 | 1,801.5 | 1,642.3 | 1,480 | 1,261.3 | 1,301.2 | 683.9 | 415.8 | 373.8 | 312.6 | 234.7 | 180.7 | 179 | 94.6 | 70.2 | 61.5 | 55.3 | 35.9 | 42.8 | 55.1 |
| Net Debt | 857 | 1,415 | 1,776 | 1,922 | 1,583.3 | 2,293.1 | 2,194.7 | 1,640.1 | 1,747.6 | 2,556.9 | 2,869.2 | 3,826.1 | 3,035.1 | 2,468.9 | 2,175.4 | 1,727.2 | 1,577.5 | 1,408.9 | 1,204.8 | 1,251.3 | 653.3 | 355.3 | 348 | 284.1 | 219.9 | 168.3 | 175.9 | 92.9 | 67.5 | 60.4 | 54.2 | 34.7 | 42.1 | 54.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2015 | 2014 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||
| Net Income | 987 | 798 | (139) | 811 | 388 | 452.3 | 556.1 | 183.8 | 361.3 | 521 | (101.4) | (242.8) | 128.9 | 166.8 | 172.7 | 296.2 | 227.1 | 11.9 | 188 | 223.5 | 75.1 | 94.9 | 53.4 | 44.9 | 15.9 | 27.8 | 19.7 | 2.9 | 21.6 | 28.7 | 7.1 |
| Depreciation & Amortization | 332 | 339 | 427 | 440 | 331 | 234.1 | 230.8 | 239.9 | 242.8 | 231.9 | 242.3 | 270.5 | 264.2 | 205.5 | 207.2 | 196.2 | 172.7 | 158.2 | 134.3 | 140.1 | 119.0 | 68.6 | 45.9 | 39.1 | 28.3 | 22.1 | 23 | 20.1 | 12.8 | 11.6 | 10.2 |
| Stock-Based Compensation | 9 | 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 | (339) | (285) | 551 | (308) | 30 | 243.2 | 139.3 | (313.3) | (51.4) | (86.7) | 57.7 | 262.3 | (430) | (162.4) | 132.6 | (391.7) | (37.8) | (91.6) | (26.2) | (56.4) | (79.5) | (60.7) | (16.7) | (45.2) | (7.2) | (10.4) | (16.2) | (51.9) | 17.3 | (16.9) | (19.1) |
| Other Non-Cash Items | (24) | 194 | 325 | (428) | 5 | (195.7) | (175.1) | 67.6 | (72.8) | (208) | 24.3 | 108.6 | (35.5) | 18.9 | 6.4 | (19.4) | (32.1) | (2.7) | (8.3) | (81.7) | (2.6) | (0.1) | 0.1 | (3.3) | 2.2 | 1.1 | 1.1 | 1.1 | 0.5 | 0 | (0.2) |
| Operating Cash Flow | 1,059 | 1,137 | 1,034 | 517 | 786 | 797.8 | 813.1 | 172.7 | 570.1 | 616.4 | 258.2 | 304.6 | 14 | 201.9 | 477.6 | 82.1 | 346.5 | 58.1 | 292.4 | 218.3 | 125.2 | 123.4 | 97.5 | 43.3 | 12.1 | 47.2 | 33.8 | (28.2) | 52.2 | 21.9 | (0.6) |
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital Expenditure | (341) | (350) | (401) | (338) | (213) | (375.2) | (301.4) | (278) | (290.7) | (176.8) | (174.7) | (174.5) | (460.2) | (460.5) | (381.6) | (193.2) | (133.5) | (172) | (156.8) | (144.1) | (100.4) | (246.7) | (100.7) | (69.1) | (74.9) | (90.6) | (29.3) | (88) | (75.7) | (26.5) | (19.6) |
| Acquisitions | 0 | (13) | 232 | 584 | 5 | 354 | (11) | (24) | 0 | 261.5 | 23.3 | (17.4) | (41.8) | (210.5) | (312.4) | (219.5) | (512.2) | (90.4) | (167) | (29.7) | (34.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | (27) | (22) | 0 | 0 | 0 | 0 | 0 | 0 | (1.3) | (31.7) | (6.6) | (69.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 21 | 0 | 0 | 0 | 0 | 0 | 120.6 | 9.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.5 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 32 | (106) | (126) | (52) | (122) | (53.8) | 20.7 | (1.7) | (284.3) | 49 | 9 | 657.9 | 16.5 | (15.8) | (112.7) | (93.9) | 153.2 | (3.6) | 60.7 | 114.0 | (57.3) | (15.2) | (4.2) | (38.1) | (10) | (9.4) | (2.6) | 4.5 | (22.9) | 0.5 | 19.6 |
| Investing Cash Flow | (309) | (469) | (322) | 193 | (330) | (75) | (291.7) | (303.7) | (286.6) | 254.3 | (133.8) | 434.3 | (492.1) | (756.3) | (806.7) | (506.6) | (492.5) | (266) | (263.1) | (59.8) | (192.2) | (261.9) | (104.9) | (107.2) | (84.9) | (100) | (27.4) | (83.5) | (98.6) | (26) | 0 |
| Financing Activities | |||||||||||||||||||||||||||||||
| Net Debt Issuance | (3) | (32) | (11) | (16) | (230) | (126.5) | 73.9 | 516.6 | (153) | (922.9) | 15.5 | (719.1) | 478.9 | 498.5 | 304.7 | 409.7 | 135.1 | 232.9 | 57.1 | (83.0) | 156.0 | 96.3 | 42 | 61.3 | 66.9 | 54 | 1.7 | 84.4 | 24.5 | 8.7 | 6.2 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (386.4) | (189.5) | 0 | (38.9) | 0 | 0 | 0 | (6.8) | (3) | 0 | (24.6) | (85.7) | (77.8) | (73.1) | 0 | 0 | 0 | 0 | 0 | (0.7) | 0 | (7.6) | (3.2) | (7.1) |
| Dividends Paid | (396) | (288) | (323) | (496) | (192) | (30) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.2) | (1.2) | (0.7) | 0 | (0.4) | 0 | 0 | 0 |
| Other Financing Activities | (1) | (144) | (199) | 35 | 85 | (290) | (360.2) | (14.5) | 14.1 | (23.9) | (64.6) | (77.5) | (5.8) | 7.8 | 31.7 | 20.2 | 1.2 | 0 | 0 | 0 | 0 | 0 | 0 | (0.2) | 0 | 0 | 1.7 | 0.6 | (0.1) | (0.1) | 1.3 |
| Financing Cash Flow | (164) | (464) | (533) | (477) | (337) | (446.5) | (286.3) | 115.7 | (328.4) | (945.6) | 208.9 | (674.3) | 477.3 | 521.6 | 334.4 | 431.5 | 156.1 | 209.5 | (24.3) | (152.4) | 87.0 | 108.5 | 42.1 | 61.2 | 86.5 | 55.2 | 2.9 | 113 | 45.5 | 5.7 | 0.6 |
| Cash Position | |||||||||||||||||||||||||||||||
| Net Change in Cash | 596 | 192 | 140 | 245 | (704.9) | 271.4 | 240.1 | (13.7) | (50.4) | (76.5) | 332.2 | 61.7 | (0.5) | (31.6) | 4.6 | 10.5 | 9.5 | 2.3 | 6 | 6.7 | 19.3 | (29.9) | 34.7 | (28.5) | (14.8) | (12.4) | (3.1) | (1.7) | (2.7) | (1.1) | (1.1) |
| Cash at Beginning | 943 | 751 | 547 | 325 | 704.9 | 433.5 | 193.4 | 324.3 | 374.7 | 451.2 | 119 | 57.3 | 57.8 | 89.4 | 84.8 | 74.3 | 64.8 | 62.5 | 56.5 | 49.9 | 30.6 | 60.5 | 25.8 | 28.5 | 14.8 | 12.4 | 3.1 | 1.7 | 2.7 | 1.1 | 1.1 |
| Cash at End | 1,539 | 943 | 687 | 570 | 325 | 704.9 | 433.5 | 310.6 | 324.3 | 374.7 | 451.2 | 119 | 57.3 | 57.8 | 89.4 | 84.8 | 74.3 | 64.8 | 62.5 | 56.5 | 49.9 | 30.6 | 60.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 718 | 787 | 633 | 179 | 573 | 422.6 | 511.7 | (105.3) | 279.4 | 439.6 | 83.5 | 130.1 | (446.2) | (258.6) | 96 | (111.1) | 213 | (113.9) | 135.6 | 74.2 | 24.8 | (123.3) | (3.2) | (25.8) | (62.8) | (43.4) | 4.5 | (116.2) | (23.5) | (4.6) | (20.2) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2015 | 2014 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||||
| Revenue | 15,531 | 14,142 | 14,640 | 16,199 | 15,009 | 14,438.4 | 15,031.3 | 13,221.1 | 13,094.3 | 12,202.7 | 11,202.6 | 12,487.7 | 11,351.2 | 9,359.3 | 8,828.1 | 11,248.4 | 9,178.2 | 7,135.4 | 6,604.9 | 5,899.9 | 5,150.5 | 3,775 | 3,867.4 | 3,870.6 | 2,383.9 | 1,526.5 | 1,447.3 | 1,142.5 | 1,050.6 | 1,071.8 | 853.4 | 774.8 | 916.3 | 1,046.6 | 864.3 |
| Gross Profit | 2,089 | 1,897 | 889 | 1,495 | 1,572 | 1,755.4 | 1,775.6 | 1,319.7 | 1,549.4 | 1,714.1 | 730.1 | 632.4 | 1,154.6 | 1,066.5 | 1,044.2 | 1,212.3 | 933.7 | 602.2 | 885.9 | 964.1 | 703.1 | 544.6 | 391.3 | 324.2 | 182.6 | 148.3 | 209 | 146.2 | 140.3 | 140.6 | 97.8 | 29.7 | 41.6 | 96.5 | 86.1 |
| Operating Income | 1,292 | 1,118 | (56) | 1,117 | 521 | 793.8 | 931.6 | 519.3 | 722.6 | 1,095 | 62.8 | (223.9) | 341 | 380.5 | 423.3 | 568.7 | 373.5 | 104.3 | 385.6 | 357.9 | 193.5 | 180.4 | 125.5 | 93.9 | 51.2 | 64.5 | 47.4 | 15.7 | 34.7 | 47.9 | 15.8 | 20.9 | 32.7 | 22 | 19 |
| Net Income | 987 | 953 | 17 | 870 | 472 | 452.3 | 556.1 | 183.8 | 361.3 | 521 | (101.4) | (190.3) | 128.9 | 166.8 | 172.7 | 296.2 | 227.1 | 26.3 | 196.9 | 223.5 | 75.1 | 94.9 | 53.4 | 44.9 | 15.9 | 27.8 | 19.7 | 4 | 21.6 | 28.7 | 7.1 | 10.8 | 16.6 | 8.7 | 9.2 |
| EPS (Diluted) | 2.51 | 2.42 | 0.04 | 2.21 | 1.20 | 1.19 | 1.46 | 1.26 | 2.21 | 3.12 | -0.65 | -1.35 | 0.96 | 1.49 | 1.54 | 2.64 | 2.03 | 0.24 | 1.78 | 4.06 | 1.52 | 2.32 | 0.68 | 0.59 | 0.21 | 0.40 | 1.13 | 0.06 | 0.35 | 0.50 | 0.12 | 0.17 | 0.24 | 0.13 | 0.12 |
| Balance Sheet | |||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 1,539 | 943 | 687 | 547 | 704.9 | 433.5 | 310.6 | 324.3 | 374.7 | 451.2 | 119 | 57.3 | 57.8 | 89.4 | 94.5 | 74.3 | 64.8 | 71.1 | 56.5 | 49.9 | 30.6 | 60.5 | 25.8 | 28.5 | 14.8 | 12.4 | 3.1 | 1.7 | 2.7 | 1.1 | 1.1 | 1.2 | 0.7 | 0.7 | |
| Total Assets | 12,177 | 11,054 | 13,317 | 13,847 | 9,894 | 10,131.5 | 7,716.4 | 7,422.2 | 7,611.8 | 7,708.9 | 7,202.5 | 8,867.9 | 6,968.6 | 6,177.3 | 5,639.4 | 4,785.6 | 4,210.6 | 3,872.7 | 3,250.9 | 3,129.6 | 1,771.6 | 1,083.6 | 995.3 | 857.6 | 550.2 | 452.3 | 399.6 | 277.7 | 200.8 | 164.9 | 151.6 | 130.9 | 130.4 | 127.6 | |
| Total Debt | 2,396 | 2,358 | 2,463 | 2,469 | 2,288.2 | 2,726.6 | 2,505.3 | 1,964.4 | 2,122.3 | 3,008.1 | 2,988.2 | 3,883.4 | 3,092.9 | 2,558.3 | 2,269.9 | 1,801.5 | 1,642.3 | 1,480 | 1,261.3 | 1,301.2 | 683.9 | 415.8 | 373.8 | 312.6 | 234.7 | 180.7 | 179 | 94.6 | 70.2 | 61.5 | 55.3 | 35.9 | 42.8 | 55.1 | |
| Stockholders' Equity | 6,801 | 5,834 | 7,241 | 7,374 | 4,820.5 | 4,539.5 | 3,097 | 3,387.3 | 3,545.5 | 2,755.6 | 2,561.4 | 3,048.2 | 2,240.8 | 2,028.2 | 1,816.3 | 1,598.9 | 1,299.2 | 1,362.8 | 1,053.1 | 902.9 | 542.2 | 361 | 307.5 | 262.5 | 194 | 165 | 145.8 | 113.8 | 71.1 | 45.4 | 43.5 | 39.2 | 34.3 | 24.3 | |
| Cash Flow | |||||||||||||||||||||||||||||||||||
| Operating Cash Flow | 1,059 | 1,137 | 1,034 | 517 | 786 | 797.8 | 813.1 | 172.7 | 570.1 | 616.4 | 258.2 | 304.6 | 14 | 201.9 | 477.6 | 82.1 | 346.5 | 58.1 | 292.4 | 218.3 | 125.2 | 123.4 | 97.5 | 43.3 | 12.1 | 47.2 | 33.8 | (28.2) | 52.2 | 21.9 | (0.6) | ||||
| Capital Expenditure | (341) | (350) | (401) | (338) | (213) | (375.2) | (301.4) | (278) | (290.7) | (176.8) | (174.7) | (174.5) | (460.2) | (460.5) | (381.6) | (193.2) | (133.5) | (172) | (156.8) | (144.1) | (100.4) | (246.7) | (100.7) | (69.1) | (74.9) | (90.6) | (29.3) | (88) | (75.7) | (26.5) | (19.6) | ||||
| Free Cash Flow | 718 | 787 | 633 | 179 | 573 | 422.6 | 511.7 | (105.3) | 279.4 | 439.6 | 83.5 | 130.1 | (446.2) | (258.6) | 96 | (111.1) | 213 | (113.9) | 135.6 | 74.2 | 24.8 | (123.3) | (3.2) | (25.8) | (62.8) | (43.4) | 4.5 | (116.2) | (23.5) | (4.6) | (20.2) | ||||