SPGI - S&P Global Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$548.11
DETAILS
HIGH:
$627.00
LOW:
$482.00
MEDIAN:
$550.00
CONSENSUS:
$548.11
UPSIDE:
31.25%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 15,336 | 14,208 | 12,497 | 11,181 | 8,297 | 7,442 | 6,699 | 6,258 | 6,063 | 5,661 | 5,313 | 5,051 | 4,875 | 4,450 | 6,246 | 6,168.3 | 5,951.8 | 6,355.1 | 6,772.3 | 6,255.1 | 6,003.6 | 5,250.5 | 4,827.9 | 4,787.7 | 4,645.5 | 4,281.0 | 3,992 | 3,729.1 | 3,534.1 | 3,074.7 | 2,935.3 | 2,760.9 | 2,195.5 |
| Cost of Revenue | 4,563 | 4,391 | 4,141 | 3,753 | 2,180 | 2,094 | 1,976 | 1,838 | 1,694 | 1,773 | 1,718 | 1,651 | 1,564 | 1,433 | 1,387 | 1,206 | 2,386.0 | 2,513.0 | 2,527.6 | 2,387.2 | 2,316.3 | 2,046.6 | 2,018.5 | 2,015.0 | 2,009.4 | 1,828.3 | 1,738.1 | 1,661.6 | 1,639.4 | 1,445 | 1,340.3 | 1,286.3 | 989 |
| Gross Profit | 10,773 | 9,817 | 8,356 | 7,428 | 6,117 | 5,348 | 4,723 | 4,420 | 4,369 | 3,888 | 3,595 | 3,400 | 3,138 | 2,837 | 2,567 | 2,433 | 3,565.8 | 3,842.1 | 4,244.7 | 3,867.9 | 3,687.3 | 3,203.9 | 2,871.9 | 2,692.7 | 2,465.2 | 2,452.7 | 2,253.6 | 2,063.3 | 1,894.7 | 1,629.7 | 1,595 | 1,474.6 | 1,206.5 |
| 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 |
| SG&A Expenses | 3,417 | 3,166 | 3,159 | 3,396 | 1,729 | 1,541 | 1,342 | 1,424 | 1,606 | 1,467 | 1,532 | 3,144 | 1,631 | 1,578 | 1,377 | 1,318 | 2,141.3 | 2,308.9 | 2,437.9 | 2,287.8 | 2,172.4 | 1,904.6 | 1,766.5 | 1,649.1 | 1,634.3 | 1,533.3 | 1,269.5 | 1,216.7 | 1,116.2 | 968.1 | 960.9 | 868.9 | 774.2 |
| Other Expenses | 878 | 1,071 | 1,177 | (912) | 167 | 190 | 155 | 206 | 180 | (920) | 146 | 143 | 149 | 89 | 113 | 89 | 168.8 | 178.3 | 143.7 | 161.6 | 149.7 | 124.6 | (32.1) | 123.7 | 159.7 | 99.2 | 308.4 | 299.2 | 293.5 | 238.6 | 231.4 | 230 | 139.6 |
| Operating Expenses | 4,295 | 4,237 | 4,336 | 2,484 | 1,896 | 1,731 | 1,497 | 1,630 | 1,786 | 547 | 1,678 | 3,287 | 1,780 | 1,667 | 1,490 | 1,407 | 2,310.0 | 2,487.2 | 2,581.6 | 2,449.4 | 2,322.1 | 2,029.2 | 1,734.5 | 1,772.8 | 1,794.0 | 1,632.5 | 1,577.9 | 1,515.9 | 1,409.7 | 1,206.7 | 1,192.3 | 1,098.9 | 913.8 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 6,478 | 5,580 | 4,020 | 4,944 | 4,221 | 3,617 | 3,226 | 2,790 | 2,583 | 3,341 | 1,917 | 113 | 1,358 | 1,170 | 1,077 | 1,026 | 1,255.7 | 1,354.8 | 1,663.1 | 1,418.5 | 1,365.2 | 1,174.7 | 1,137.4 | 919.9 | 671.2 | 820.2 | 675.7 | 547.4 | 485 | 423 | 402.7 | 375.7 | 292.7 |
| Interest Expense | 287 | 297 | 334 | 304 | 119 | 141 | 141 | 134 | 149 | 181 | 102 | 59 | 59 | 81 | 75 | 81.6 | 76.9 | 75.6 | 23.3 | 13.6 | 4.0 | 6.4 | 0 | 3.1 | 8.8 | 11.9 | 0 | 0 | 0 | 0 | 0 | 8.8 | 416.6 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 7,693 | 6,778 | 5,148 | 6,019 | 4,461 | 3,575 | 3,275 | 3,021 | 2,790 | 3,550 | 2,074 | 247 | 1,495 | 1,311 | 1,203 | 1,134 | 1,716.3 | 1,803.6 | 2,064.3 | 1,808.4 | 1,750.4 | 1,567.4 | 1,540.6 | 1,328.7 | 1,091.8 | 1,182.5 | 984.1 | 846.6 | 778.5 | 661.6 | 634.1 | 605.7 | 432.3 |
| EBIT | 6,514 | 5,605 | 4,005 | 5,006 | 4,283 | 3,369 | 3,071 | 2,815 | 2,610 | 3,369 | 1,917 | 113 | 1,358 | 1,170 | 1,077 | 1,026 | 1,255.7 | 1,354.8 | 1,663.1 | 1,418.5 | 1,365.2 | 1,174.7 | 1,137.4 | 919.9 | 671.2 | 820.2 | 675.7 | 547.4 | 485 | 423 | 402.7 | 375.7 | 292.7 |
| Income Before Tax | 6,227 | 5,308 | 3,671 | 4,702 | 4,164 | 3,228 | 2,930 | 2,681 | 2,461 | 3,188 | 1,815 | 54 | 1,346 | 1,130 | 1,347 | 1,339.4 | 1,178.9 | 1,279.2 | 1,622.5 | 1,404.8 | 1,360.0 | 1,168.9 | 1,130.3 | 905.1 | 615.1 | 767.3 | 698 | 560.5 | 471.3 | 814.8 | 386.2 | 345.4 | 66.2 |
| Income Tax Expense | 1,407 | 1,141 | 778 | 1,180 | 901 | 694 | 627 | 560 | 823 | 960 | 547 | 245 | 425 | 388 | 374 | 344 | 429.1 | 479.7 | 609.0 | 522.6 | 515.7 | 412.5 | 442.5 | 325.4 | 238.4 | 295.4 | 272.1 | 216.9 | 180.6 | 319.1 | 159.1 | 142.3 | 54.8 |
| Net Income | 4,471 | 3,852 | 2,626 | 3,248 | 3,024 | 2,339 | 2,123 | 1,958 | 1,496 | 2,106 | 1,156 | (115) | 1,376 | 437 | 911 | 828.1 | 730.5 | 799.5 | 1,013.6 | 882.2 | 844.3 | 755.8 | 687.6 | 576.8 | 377.0 | 403.8 | 425.8 | 333.2 | 290.7 | 495.7 | 227.1 | 203.1 | 11.4 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 14.67 | 12.36 | 8.25 | 10.25 | 12.56 | 9.71 | 8.65 | 7.80 | 5.84 | 8.02 | 4.26 | -0.42 | 5.01 | 1.57 | 3.05 | 2.68 | 2.34 | 2.53 | 3.01 | 2.47 | 2.25 | 1.99 | 1.81 | 1.50 | 0.98 | 1.04 | 1.09 | 0.84 | 0.74 | 1.24 | 0.57 | 0.51 | 0.03 |
| EPS (Diluted) | 14.66 | 12.35 | 8.23 | 10.20 | 12.51 | 9.66 | 8.60 | 7.73 | 5.78 | 7.94 | 4.21 | -0.42 | 4.91 | 1.53 | 3.00 | 2.65 | 2.33 | 2.51 | 2.94 | 2.40 | 2.21 | 1.96 | 1.79 | 1.48 | 0.96 | 1.03 | 1.07 | 0.83 | 0.73 | 1.24 | 0.57 | 0.51 | 0.03 |
| Shares Outstanding | 304.8 | 311.6 | 318.4 | 316.9 | 240.8 | 241 | 245.4 | 250.9 | 256.3 | 262.8 | 271.6 | 271.3 | 274.5 | 278.6 | 298.1 | 309.4 | 312.2 | 315.6 | 336.2 | 356.5 | 375.2 | 379.8 | 379.9 | 385.8 | 386.7 | 388.3 | 392.6 | 393.6 | 395.5 | 400.0 | 399.0 | 396.0 | 380 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 1,745 | 1,666 | 1,290 | 1,286 | 6,497 | 4,108 | 2,866 | 1,917 | 2,777 | 2,392 | 1,209.9 | 471.7 | 680.6 | 695.6 | 58.2 | 53.5 | 3.2 | 6.5 | 10.5 | 4.8 | 3.4 | 10.3 | 8.1 | 48 |
| Short-Term Investments | 56 | 20 | 26 | 14 | 11 | 9 | 28 | 18 | 12 | 8 | 24.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 3,441 | 2,867 | 2,826 | 2,494 | 1,650 | 1,593 | 1,577 | 1,449 | 1,319 | 1,122 | 969.7 | 1,060.9 | 1,051.4 | 956.4 | 991.8 | 1,038.3 | 1,095.1 | 1,052.6 | 954.9 | 981.9 | 882 | 865 | 781 | 731.1 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 301.2 | 369.7 | 327.8 | 301.2 | 360.8 | 402.6 | 388.9 | 295.3 | 284.7 | 290.5 | 273.2 | 238 | 213.3 | 215.2 |
| Other Current Assets | 1,054 | 906 | 1,001 | 1,307 | 341 | 39 | 21 | 49 | 10 | 0 | 278.4 | 285.4 | 258.2 | 226.1 | 169.8 | 218.7 | 314.5 | 199.3 | 178.7 | 187.2 | 191 | 126.5 | 121.7 | 137.5 |
| Total Current Assets | 6,296 | 5,459 | 5,143 | 5,667 | 8,810 | 5,988 | 4,712 | 3,604 | 4,324 | 3,671 | 2,936.4 | 2,302.7 | 2,447.8 | 2,256.2 | 1,674.3 | 1,812.9 | 1,801.7 | 1,553.7 | 1,428.8 | 1,464.4 | 1,349.6 | 1,239.8 | 1,124.1 | 1,131.8 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 691 | 678 | 637 | 720 | 667 | 778 | 996 | 270 | 275 | 271 | 579.8 | 621.1 | 513.1 | 467.3 | 431.5 | 454.9 | 431.9 | 430.4 | 364 | 273.6 | 311.5 | 336.1 | 345.8 | 345.3 |
| Goodwill | 36,475 | 34,917 | 34,850 | 34,545 | 3,506 | 3,735 | 3,575 | 3,535 | 2,989 | 2,949 | 1,690.5 | 1,703.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 16,271 | 16,556 | 17,398 | 18,306 | 1,285 | 1,352 | 1,424 | 1,524 | 1,388 | 1,506 | 538.7 | 591.1 | 1,953.5 | 1,703.0 | 1,805.7 | 1,818.4 | 1,697.4 | 1,253.1 | 1,259.5 | 1,308.3 | 1,306.3 | 958.4 | 972.9 | 1,021 |
| Long-Term Investments | 603 | 1,774 | 1,787 | 1,752 | 165 | 0 | 0 | 0 | 0 | 0 | 539.4 | 605.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 864 | 837 | 774 | 794 | 758 | 684 | 641 | 525 | 449 | 272 | 166.4 | 176.9 | 948.6 | 967.6 | 1,120.8 | 1,074.9 | 1,000.4 | 851.6 | 735.8 | 678.2 | 674.8 | 570.1 | 565.7 | 586.1 |
| Total Non-Current Assets | 54,904 | 54,762 | 55,446 | 56,117 | 6,216 | 6,549 | 6,636 | 5,854 | 5,101 | 4,998 | 3,538.9 | 3,777.4 | 3,415.2 | 3,137.9 | 3,357.9 | 3,348.2 | 3,129.8 | 2,535.1 | 2,359.3 | 2,260.1 | 2,292.6 | 1,864.6 | 1,884.4 | 1,952.4 |
| Total Assets | 61,200 | 60,221 | 60,589 | 61,784 | 15,026 | 12,537 | 11,348 | 9,458 | 9,425 | 8,669 | 6,475.2 | 6,080.1 | 5,863.0 | 5,394.1 | 5,032.2 | 5,161.2 | 4,931.4 | 4,088.8 | 3,788.1 | 3,724.5 | 3,642.2 | 3,104.4 | 3,008.5 | 3,084.2 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 610 | 553 | 557 | 450 | 205 | 233 | 190 | 211 | 195 | 183 | 301.8 | 337.5 | 318.3 | 306.2 | 303.4 | 339.5 | 313.3 | 340.2 | 318.6 | 285.9 | 241.7 | 215.2 | 176.3 | 197.2 |
| Short-Term Debt | 842 | 4 | 47 | 226 | 0 | 0 | 0 | 0 | 399 | 0 | 0.0 | 70.0 | 4.6 | 26.0 | 119.4 | 223.0 | 227.8 | 181.7 | 75.5 | 77.4 | 24.5 | 71.3 | 105.3 | 170.8 |
| Deferred Revenue | 4,088 | 3,694 | 3,461 | 3,126 | 2,217 | 2,168 | 1,928 | 1,641 | 1,613 | 1,509 | 1,126.6 | 1,099.2 | 719.9 | 473.1 | 437.5 | 273.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 929 | 1,942 | 1,939 | 1,963 | 1,207 | 1,002 | 795 | 704 | 823 | 768 | 452.8 | 474.9 | 388.9 | 1,188.5 | 915.1 | 1,040.6 | 1,239.7 | 1,003.6 | 897.4 | 842.9 | 952.5 | 760 | 726.4 | 700.9 |
| Total Current Liabilities | 7,637 | 6,392 | 6,125 | 5,999 | 3,815 | 3,587 | 3,093 | 2,629 | 3,214 | 2,611 | 2,452.0 | 2,530.7 | 1,968.7 | 1,993.7 | 1,775.3 | 1,876.4 | 1,780.8 | 1,525.5 | 1,291.5 | 1,206.2 | 1,218.7 | 1,046.5 | 1,008 | 1,068.9 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 12,864 | 11,394 | 11,412 | 10,730 | 4,114 | 4,110 | 3,948 | 3,662 | 3,170 | 3,564 | 1,197.8 | 1,197.6 | 0.5 | 0.4 | 458.9 | 833.6 | 817.5 | 354.8 | 452.1 | 607 | 556.9 | 557.4 | 657.5 | 757.6 |
| Deferred Tax Liabilities | 3,262 | 3,397 | 3,690 | 4,065 | 147 | 0 | 0 | 0 | 0 | 0 | 10.0 | 3.4 | 232.1 | 200.5 | 200.1 | 190.3 | 163.2 | 135.4 | 129.3 | 111 | 150.3 | 140.5 | 129.8 | 119.5 |
| Other Non-Current Liabilities | 791 | 995 | 721 | 669 | 922 | 944 | 883 | 845 | 923 | 713 | 738.5 | 907.0 | 480.0 | 642.4 | 432.0 | 407.0 | 408.9 | 381.6 | 363.4 | 365.7 | 355.2 | 324.9 | 300.1 | 315.2 |
| Total Non-Current Liabilities | 17,411 | 16,321 | 16,364 | 16,041 | 5,675 | 5,598 | 5,451 | 4,525 | 4,093 | 4,277 | 2,094.1 | 2,267.1 | 909.8 | 843.3 | 1,091.1 | 1,430.9 | 1,389.6 | 871.8 | 944.8 | 1,083.7 | 1,062.4 | 1,022.8 | 1,087.4 | 1,192.3 |
| Total Liabilities | 25,048 | 22,713 | 22,489 | 22,040 | 9,490 | 9,185 | 8,544 | 7,154 | 7,307 | 6,888 | 4,546.1 | 4,797.8 | 2,878.5 | 2,837.0 | 2,866.4 | 3,307.3 | 3,170.4 | 2,397.3 | 2,236.3 | 2,289.9 | 2,281.1 | 2,069.3 | 2,095.4 | 2,261.2 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 415 | 415 | 415 | 415 | 294 | 294 | 294 | 294 | 412 | 412 | 411.7 | 411.7 | 205.9 | 205.9 | 205.9 | 205.8 | 205.8 | 205.8 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 23,666 | 20,977 | 18,728 | 17,784 | 15,017 | 13,367 | 12,205 | 11,284 | 10,025 | 9,210 | 6,522.6 | 6,070.8 | 3,680.9 | 3,153.2 | 2,672.1 | 2,292.3 | 2,105.1 | 1,926.8 | 1,670.1 | 1,542.9 | 1,394.9 | 1,030.5 | 923.1 | 834.3 |
| Accumulated Other Comprehensive Income | (697) | (883) | (763) | (886) | (841) | (637) | (624) | (742) | (649) | (773) | (343.0) | (444.0) | (52.3) | (87.4) | (122.0) | (142.2) | (123.2) | (101.8) | (550.8) | (564.6) | (524.2) | (491.2) | (442.9) | 0 |
| Total Stockholders' Equity | 31,235 | 33,159 | 34,200 | 36,477 | 2,032 | 509 | 479 | 628 | 768 | 701 | 1,847.3 | 1,282.3 | 2,984.5 | 2,557.1 | 2,165.8 | 1,853.9 | 1,761.0 | 1,691.5 | 1,551.8 | 1,434.6 | 1,361.1 | 1,035.1 | 913.1 | 823 |
| Total Liabilities & Equity | 61,200 | 60,221 | 60,589 | 61,784 | 15,026 | 12,537 | 11,348 | 9,458 | 9,425 | 8,669 | 6,475.2 | 6,080.1 | 5,863.0 | 5,394.1 | 5,032.2 | 5,161.2 | 4,931.4 | 4,088.8 | 3,788.1 | 3,724.5 | 3,642.2 | 3,104.4 | 3,008.5 | 3,084.2 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 14,200 | 11,933 | 12,000 | 11,651 | 4,702 | 4,754 | 4,680 | 3,662 | 3,569 | 3,564 | 1,197.8 | 1,267.6 | 5.1 | 26.3 | 578.3 | 1,056.5 | 1,045.4 | 536.5 | 527.6 | 684.4 | 581.4 | 628.7 | 762.8 | 928.4 |
| Net Debt | 12,455 | 10,267 | 10,710 | 10,365 | (1,795) | 646 | 1,814 | 1,745 | 792 | 1,172 | (12.1) | 796.0 | (675.5) | (669.2) | 520.2 | 1,003.0 | 1,042.2 | 530 | 517.1 | 679.6 | 578 | 618.4 | 754.7 | 880.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | 4,820 | 3,852 | 2,893 | 3,522 | 3,263 | 2,534 | 2,303 | 2,121 | 1,638 | 2,228 | 844.3 | 755.8 | 687.6 | 576.8 | 377.0 | 471.9 | 425.8 | 341.9 | 290.7 | 495.7 | 227.1 | 203.1 | 11.4 |
| Depreciation & Amortization | 1,179 | 1,173 | 1,143 | 1,013 | 178 | 206 | 204 | 206 | 180 | 181 | 385.3 | 392.7 | 403.2 | 408.8 | 420.6 | 362.3 | 308.4 | 299.2 | 293.5 | 238.6 | 231.4 | 230 | 139.6 |
| Stock-Based Compensation | 236 | 247 | 171 | 214 | 122 | 90 | 78 | 94 | 99 | 76 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (432) | 235 | (460) | (74) | (70) | 247 | (1) | (512) | (68) | (92) | 305.6 | (102.2) | 362.9 | 54.4 | 66.8 | (185.2) | (48.1) | 28.4 | (304.2) | 48.5 | (92) | (129.6) | 88.5 |
| Other Non-Cash Items | 90 | 505 | 344 | (1,719) | 92 | 521 | 146 | 74 | 88 | (1,008) | 24.7 | 17.1 | (12.5) | (9.6) | 198.9 | 21.8 | (0.1) | 85.6 | 93.1 | (322.6) | 6.2 | 3.9 | 204.8 |
| Operating Cash Flow | 5,651 | 5,689 | 3,710 | 2,603 | 3,598 | 3,567 | 2,776 | 2,064 | 2,016 | 1,464 | 1,559.9 | 1,063.5 | 1,382.3 | 1,142.4 | 1,070.7 | 705.6 | 708.1 | 755.1 | 373.1 | 460.2 | 433.2 | 413.9 | 465.6 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (195) | (124) | (143) | (89) | (35) | (76) | (115) | (113) | (123) | (115) | (120.2) | (139.0) | (115.0) | (70.0) | (116.9) | (97.7) | (221.4) | (203.6) | (122.5) | (63.3) | (58.8) | (77.1) | (49.8) |
| Acquisitions | (2,023) | (137) | 718 | 3,719 | (83) | (183) | (6) | (401) | (83) | 1,321 | (461.8) | (306.2) | (3.7) | (19.3) | (333.2) | (703.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (35) | 0 | 0 | (2) | (2) | (19) | (10) | 0 | 0 | (1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 2 | 2 | 19 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 1,549 | 6 | (13) | (2) | (2) | 19 | (10) | 1 | (3) | (1) | (142.9) | (201.5) | 256.5 | (277.2) | (276.7) | (107.6) | (179.1) | (128.5) | (102.3) | (176.9) | (134.2) | (103.9) | (397.9) |
| Investing Cash Flow | (704) | (255) | 562 | 3,628 | (120) | (240) | (131) | (513) | (209) | 1,205 | (725.0) | (646.7) | 137.8 | (366.5) | (726.8) | (909.0) | (400.5) | (332.1) | (224.8) | (240.2) | (193) | (181) | (447.7) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | 1,704 | (47) | 556 | 1,665 | 0 | (118) | 0 | 86 | 0 | (71) | (12.7) | (22.7) | (552.7) | (478.5) | 11.4 | 511.2 | 11.9 | (156.7) | 62.3 | (46.7) | (134.2) | (166.1) | 111.5 |
| Stock Repurchased | (5,001) | (3,301) | (3,301) | (12,004) | 0 | (1,164) | (1,306) | (1,660) | (1,001) | (1,123) | (677.7) | (409.4) | (216.4) | (183.1) | (176.5) | (167.6) | (173.8) | (105.6) | (79.9) | (63.3) | 0 | 0 | 0 |
| Dividends Paid | (1,170) | (1,134) | (1,147) | (1,024) | (743) | (645) | (560) | (503) | (421) | (380) | (246.0) | (228.2) | (206.5) | (197.0) | (189.8) | (182.5) | (169) | (154.4) | (142.7) | (131.4) | (119.7) | (114.3) | (111.8) |
| Other Financing Activities | (463) | (516) | (388) | 37 | (283) | (255) | 9 | (220) | (85) | (26) | (0.2) | (0.3) | (0.4) | (0.6) | (0.4) | (3.2) | (1.7) | (21.2) | (5.6) | (4.9) | (2.6) | (1.5) | (0.5) |
| Financing Cash Flow | (4,930) | (4,998) | (4,280) | (11,326) | (1,013) | (2,166) | (1,751) | (2,288) | (1,507) | (1,600) | (743.8) | (441.7) | (896.9) | (781.7) | (291.4) | 203.2 | (309.8) | (415.6) | (145.5) | (226.4) | (235.9) | (267.9) | 18.2 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | 79 | 375 | 4 | (5,218) | 2,383 | 1,236 | 928 | (821) | 387 | 911 | 68.2 | (15.0) | 637.4 | 4.7 | 50.4 | (3.3) | (4) | 5.7 | 1.3 | (6.7) | 2.1 | (39.9) | 34.8 |
| Cash at Beginning | 1,666 | 1,291 | 1,287 | 6,505 | 4,122 | 2,886 | 1,958 | 2,779 | 2,392 | 1,481 | 680.6 | 695.6 | 58.2 | 53.5 | 3.2 | 6.5 | 10.5 | 4.8 | 3.4 | 10.3 | 8.1 | 48 | 13.2 |
| Cash at End | 1,745 | 1,666 | 1,291 | 1,287 | 6,505 | 4,122 | 2,886 | 1,958 | 2,779 | 2,392 | 748.8 | 680.6 | 695.6 | 58.2 | 53.5 | 3.2 | 6.5 | 10.5 | 4.7 | 3.6 | 10.2 | 8.1 | 48 |
| Free Cash Flow | 5,456 | 5,565 | 3,567 | 2,514 | 3,563 | 3,491 | 2,661 | 1,951 | 1,893 | 1,349 | 1,439.7 | 924.5 | 1,267.4 | 1,072.4 | 953.8 | 607.8 | 486.7 | 551.5 | 250.6 | 396.9 | 374.4 | 336.8 | 415.8 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 15,336 | 14,208 | 12,497 | 11,181 | 8,297 | 7,442 | 6,699 | 6,258 | 6,063 | 5,661 | 5,313 | 5,051 | 4,875 | 4,450 | 6,246 | 6,168.3 | 5,951.8 | 6,355.1 | 6,772.3 | 6,255.1 | 6,003.6 | 5,250.5 | 4,827.9 | 4,787.7 | 4,645.5 | 4,281.0 | 3,992 | 3,729.1 | 3,534.1 | 3,074.7 | 2,935.3 | 2,760.9 | 2,195.5 |
| Gross Profit | 10,773 | 9,817 | 8,356 | 7,428 | 6,117 | 5,348 | 4,723 | 4,420 | 4,369 | 3,888 | 3,595 | 3,400 | 3,138 | 2,837 | 2,567 | 2,433 | 3,565.8 | 3,842.1 | 4,244.7 | 3,867.9 | 3,687.3 | 3,203.9 | 2,871.9 | 2,692.7 | 2,465.2 | 2,452.7 | 2,253.6 | 2,063.3 | 1,894.7 | 1,629.7 | 1,595 | 1,474.6 | 1,206.5 |
| Operating Income | 6,478 | 5,580 | 4,020 | 4,944 | 4,221 | 3,617 | 3,226 | 2,790 | 2,583 | 3,341 | 1,917 | 113 | 1,358 | 1,170 | 1,077 | 1,026 | 1,255.7 | 1,354.8 | 1,663.1 | 1,418.5 | 1,365.2 | 1,174.7 | 1,137.4 | 919.9 | 671.2 | 820.2 | 675.7 | 547.4 | 485 | 423 | 402.7 | 375.7 | 292.7 |
| Net Income | 4,471 | 3,852 | 2,626 | 3,248 | 3,024 | 2,339 | 2,123 | 1,958 | 1,496 | 2,106 | 1,156 | (115) | 1,376 | 437 | 911 | 828.1 | 730.5 | 799.5 | 1,013.6 | 882.2 | 844.3 | 755.8 | 687.6 | 576.8 | 377.0 | 403.8 | 425.8 | 333.2 | 290.7 | 495.7 | 227.1 | 203.1 | 11.4 |
| EPS (Diluted) | 14.66 | 12.35 | 8.23 | 10.20 | 12.51 | 9.66 | 8.60 | 7.73 | 5.78 | 7.94 | 4.21 | -0.42 | 4.91 | 1.53 | 3.00 | 2.65 | 2.33 | 2.51 | 2.94 | 2.40 | 2.21 | 1.96 | 1.79 | 1.48 | 0.96 | 1.03 | 1.07 | 0.83 | 0.73 | 1.24 | 0.57 | 0.51 | 0.03 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 1,745 | 1,666 | 1,290 | 1,286 | 6,497 | 4,108 | 2,866 | 1,917 | 2,777 | 2,392 | 1,209.9 | 471.7 | 680.6 | 695.6 | 58.2 | 53.5 | 3.2 | 6.5 | 10.5 | 4.8 | 3.4 | 10.3 | 8.1 | 48 | |||||||||
| Total Assets | 61,200 | 60,221 | 60,589 | 61,784 | 15,026 | 12,537 | 11,348 | 9,458 | 9,425 | 8,669 | 6,475.2 | 6,080.1 | 5,863.0 | 5,394.1 | 5,032.2 | 5,161.2 | 4,931.4 | 4,088.8 | 3,788.1 | 3,724.5 | 3,642.2 | 3,104.4 | 3,008.5 | 3,084.2 | |||||||||
| Total Debt | 14,200 | 11,933 | 12,000 | 11,651 | 4,702 | 4,754 | 4,680 | 3,662 | 3,569 | 3,564 | 1,197.8 | 1,267.6 | 5.1 | 26.3 | 578.3 | 1,056.5 | 1,045.4 | 536.5 | 527.6 | 684.4 | 581.4 | 628.7 | 762.8 | 928.4 | |||||||||
| Stockholders' Equity | 31,235 | 33,159 | 34,200 | 36,477 | 2,032 | 509 | 479 | 628 | 768 | 701 | 1,847.3 | 1,282.3 | 2,984.5 | 2,557.1 | 2,165.8 | 1,853.9 | 1,761.0 | 1,691.5 | 1,551.8 | 1,434.6 | 1,361.1 | 1,035.1 | 913.1 | 823 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 5,651 | 5,689 | 3,710 | 2,603 | 3,598 | 3,567 | 2,776 | 2,064 | 2,016 | 1,464 | 1,559.9 | 1,063.5 | 1,382.3 | 1,142.4 | 1,070.7 | 705.6 | 708.1 | 755.1 | 373.1 | 460.2 | 433.2 | 413.9 | 465.6 | ||||||||||
| Capital Expenditure | (195) | (124) | (143) | (89) | (35) | (76) | (115) | (113) | (123) | (115) | (120.2) | (139.0) | (115.0) | (70.0) | (116.9) | (97.7) | (221.4) | (203.6) | (122.5) | (63.3) | (58.8) | (77.1) | (49.8) | ||||||||||
| Free Cash Flow | 5,456 | 5,565 | 3,567 | 2,514 | 3,563 | 3,491 | 2,661 | 1,951 | 1,893 | 1,349 | 1,439.7 | 924.5 | 1,267.4 | 1,072.4 | 953.8 | 607.8 | 486.7 | 551.5 | 250.6 | 396.9 | 374.4 | 336.8 | 415.8 | ||||||||||