T-Mobile US, Inc. logo TMUS - T-Mobile US, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 45
HOLD 8
SELL 1
STRONG
SELL
0
| PRICE TARGET: $249.42 DETAILS
HIGH: $285.00
LOW: $220.00
MEDIAN: $250.00
CONSENSUS: $249.42
UPSIDE: 30.27%
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
Revenue
Revenue 23,107 24,334 21,957 21,132 20,886 21,872 20,162 19,772 19,594 20,478 19,252 19,196 19,632 20,273 19,477 19,701 20,120 20,785 19,624 19,950 19,759 20,341 19,272 17,671 11,113 11,878 11,061 10,979 11,080 11,445 10,839 10,571 10,455 10,759 10,019 10,213 9,613 10,175 9,305 9,287 8,664 8,247 7,849 8,179 7,778 8,154 7,350 7,185 6,875 6,827 6,688 6,228 4,677 1,284.3 4,893 4,883 1,276.6 1,238.2 1,205.4 1,209.5 1,194.4 1,065.5 1,020.8 1,012.5 970.5 930.0 895.6 859.6 795.3 723.6 686.7 678.8 662.4 591.1 556.7 551.2 536.7 453.1 396.1 368.2 329.5 288.2 263.6 250.7 236.0
Cost of Revenue 8,827 13,996 11,134 7,376 7,400 8,785 7,029 6,752 7,087 8,400 7,135 7,004 7,649 8,671 8,694 9,168 9,673 10,452 8,683 8,944 8,526 9,652 7,681 6,765 4,168 5,212 4,437 4,310 4,562 5,170 4,448 4,302 4,434 5,039 4,211 4,364 4,094 4,732 3,975 4,048 3,795 3,403 3,363 4,058 4,074 4,195 3,796 3,668 3,750 3,538 3,459 3,263 1,995 796.9 2,007 1,923 847.8 728.7 725.5 708.6 750.7 606.0 570.0 543.5 598.4 540.2 497.4 496.1 470.6 427.1 380.0 366.2 388.6 335.6 294.9 295.7 318.6 277.8 231.5 219.5 0 0 0 0 0
Gross Profit 14,280 10,338 10,823 13,756 13,486 13,087 13,133 13,020 12,507 12,078 12,117 12,192 11,983 11,602 10,783 10,533 10,447 10,333 10,941 11,006 11,233 10,689 11,591 10,906 6,945 6,666 6,624 6,669 6,518 6,275 6,391 6,269 6,021 5,720 5,808 5,849 5,519 5,443 5,330 5,239 4,869 4,844 4,486 4,121 3,704 3,959 3,554 3,517 3,125 3,289 3,229 2,965 2,682 487.4 2,886 2,960 428.8 509.5 479.9 500.9 443.7 459.5 450.8 469.0 372.1 389.8 398.2 363.5 324.7 296.5 306.8 312.6 273.7 255.5 261.9 255.5 218.0 175.3 164.6 148.7 0 0 0 0 0
Operating Expenses
R&D Expenses 0 278 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 5,966 6,170 6,015 5,397 5,488 5,352 5,186 5,142 5,138 5,280 5,334 5,272 5,425 5,577 5,118 5,856 5,056 5,398 5,212 4,823 4,805 4,758 4,876 5,604 3,688 3,656 3,498 3,543 3,442 3,498 3,314 3,185 3,164 3,291 3,098 2,915 2,955 2,959 2,898 2,772 2,749 2,755 2,624 2,438 2,372 2,333 2,283 2,151 2,096 2,096 1,933 1,847 1,506 189.3 1,663 1,622 176.6 157.2 162.5 154.6 169.8 155.7 147.4 158.6 159.9 150.5 138.5 142.3 136.4 113.1 116.7 113.4 104.4 111.9 84.5 82.7 72.9 71.7 60.2 60.3 0 0 0 0 0
Other Expenses 3,817 26 (54) 3,146 3,198 3,149 3,151 3,248 3,371 3,318 3,187 3,127 3,161 3,278 4,384 3,968 3,585 3,872 4,145 4,077 4,289 4,219 4,150 4,482 1,718 1,776 1,655 1,585 1,600 1,640 1,637 1,634 1,575 1,317 1,387 1,518 1,527 1,542 1,384 1,634 952 1,251 1,349 1,086 1,215 1,193 1,222 404 1,057 1,054 999 937 797 176.6 8,816 886 153.9 137.2 140.6 136.1 128.6 96.5 95.5 112.0 107.0 109.4 101.5 105.4 56.8 83.9 69.5 63.5 57.3 51.4 44.3 40.7 42.4 36.9 35.0 34.3 329.5 288.2 263.6 250.7 236.0
Operating Expenses 9,783 6,474 5,961 8,543 8,686 8,501 8,337 8,390 8,509 8,598 8,521 8,399 8,586 8,855 9,502 9,824 8,641 9,270 9,357 8,900 9,094 8,977 9,026 10,086 5,406 5,432 5,153 5,128 5,042 5,138 4,951 4,819 4,739 4,608 4,485 4,433 4,482 4,501 4,282 4,406 3,701 4,006 3,973 3,524 3,587 3,526 3,505 2,555 3,153 3,150 2,932 2,784 2,303 365.9 10,479 2,508 330.5 294.4 303.1 290.6 298.4 252.2 242.9 270.6 266.9 259.9 240.0 247.7 193.2 197.1 186.1 176.9 161.7 163.3 128.8 123.4 115.4 108.6 95.2 94.6 329.5 288.2 263.6 250.7 236.0
Operating Income
Operating Income 4,497 3,864 4,862 5,213 4,800 4,586 4,796 4,630 3,998 3,480 3,596 3,793 3,397 2,747 1,281 709 1,806 1,063 1,584 2,106 2,139 1,712 2,565 820 1,539 1,234 1,471 1,541 1,476 1,137 1,440 1,450 1,282 1,112 1,323 1,416 1,037 942 1,048 833 1,168 838 513 597 117 433 49 962 (28) 139 297 181 379 121.5 292.2 311.9 98.3 215.1 176.8 210.3 145.3 207.3 207.9 198.4 105.2 129.8 158.2 115.8 131.5 99.4 120.7 135.6 112.0 92.2 133.1 132.1 102.7 66.8 69.4 54.1 329.5 (328.0) 263.6 250.7 236.0
Interest Expense 1,031 947 860 922 916 841 836 854 880 849 790 861 835 822 827 851 864 834 836 850 835 798 809 839 284 280 284 283 288 298 318 324 417 416 420 396 439 399 452 461 418 439 383 349 325 358 343 356 294 326 334 334 229 69.3 165 151 70.1 68.0 69.5 67.0 56.6 64.4 65.7 65.5 67.5 70.9 70.4 70.5 58.4 0 0 0 47.4 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 13 0 0 0 8 3 6 12 7 5 4 8 2 5 6 6 2 2 6 7 63 3 3 3 85 109 114 112 104 97 83 75 64 50 40 35 0.4 20 18 0.4 0.5 0.5 0.5 0.5 0.6 0.5 0.4 0.5 0.7 0.9 0.5 0.6 0 0 0 9.9 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 4,367 7,620 7,796 8,348 7,952 7,829 7,954 7,870 7,389 6,810 6,824 6,909 6,609 6,011 4,591 4,179 5,380 4,935 5,669 6,182 6,303 5,838 6,619 4,695 3,259 3,021 3,134 3,108 3,091 2,776 3,085 3,026 2,873 2,615 2,742 2,849 2,610 2,553 2,618 2,408 2,721 2,289 1,778 1,787 1,308 1,648 1,270 2,162 1,096 1,184 1,327 1,227 1,163 298.5 (6,733) 1,312 251.6 352.1 316.8 335.9 274.8 198.3 306.2 307.6 213.0 235.4 257.3 206.7 212.5 168.9 188.3 196.5 170.9 144.4 178.6 173.2 142.1 105.6 106.0 86.4 329.5 (328.0) 263.6 250.7 236.0
EBIT 3,217 3,864 4,388 5,202 4,754 4,680 4,803 4,622 4,018 3,492 3,637 3,799 3,406 2,749 1,278 688 1,795 1,063 1,524 2,105 2,014 1,619 2,469 631 1,541 1,245 1,479 1,523 1,491 1,136 1,448 1,392 1,298 1,130 1,326 1,330 1,046 1,005 1,050 833 1,169 920 621 712 221 558 132 1,033 41 187 340 339 408 126.4 (7,558) 493 98.7 215.8 177.5 201.4 146.1 79.5 192.4 198.3 105.2 129.6 158.3 115.3 130.7 99.4 120.7 135.6 113.6 92.2 133.1 132.1 102.7 66.8 69.4 54.1 329.5 (328.0) 263.6 250.7 236.0
Income Before Tax 3,334 2,635 3,528 4,280 3,838 3,839 3,967 3,768 3,138 2,643 2,847 2,938 2,571 1,927 451 (163) 931 229 688 1,255 1,179 821 1,660 (208) 1,257 965 1,195 1,240 1,203 838 1,130 1,068 881 714 906 934 607 606 598 372 751 481 238 363 (104) 200 (211) 677 (253) (139) 6 5 179 57.1 278.6 243.0 28.7 147.7 107.9 134.4 89.5 15.1 126.7 132.8 37.8 58.7 87.9 44.8 72.3 47.7 79.6 86.0 66.2 (20.9) 86.6 97.1 60.6 (27.3) 48.8 38.4 0 0 0 0 0
Income Tax Expense 830 532 814 1,058 885 858 908 843 764 629 705 717 631 450 (57) (55) 218 (193) (3) 277 246 71 407 2 306 214 325 301 295 198 335 286 210 (1,993) 356 353 (91) 216 232 147 272 184 100 2 (41) 99 (117) 286 (102) (119) 42 21 72 25.4 12 135 7.7 56.5 38.6 50.1 33.2 1.5 49.4 52.9 15.1 25.6 14.3 18.6 28.3 33.1 34.7 35.5 26.7 26.3 33.5 39.0 24.3 (10.5) 19.5 15.4 (18.4) (18.8) (20.6) (136.5) (22.8)
Net Income 2,504 2,103 2,714 3,222 2,953 2,981 3,059 2,925 2,374 2,014 2,142 2,221 1,940 1,477 508 (108) 713 422 691 978 933 750 1,253 110 951 751 870 939 908 640 795 782 671 2,707 550 581 698 390 366 225 479 297 138 361 (63) 101 (94) 391 (151) (20) (36) (16) 107 31.7 (7,735) 207 21.0 91.3 69.3 84.3 56.4 13.6 77.3 79.9 22.7 33.1 73.5 26.2 44.0 14.6 44.9 50.5 39.5 (47.2) 53.1 58.1 36.4 (16.8) 29.3 23.0 18.4 18.8 20.6 136.5 22.8
Per Share Data
EPS (Basic) 2.28 1.89 2.42 2.84 2.59 2.58 2.62 2.50 2.00 1.74 1.83 1.86 1.59 1.19 0.40 -0.09 0.57 0.34 0.55 0.78 0.75 0.60 1.01 0.09 1.11 0.88 1.02 1.10 1.07 0.75 0.94 0.92 0.78 3.22 0.66 0.68 0.82 0.45 0.43 0.26 0.57 0.35 0.15 0.43 -0.10 0.13 -0.12 0.49 -0.19 -0.03 -0.05 -0.02 0.58 0.18 -28.90 0.78 0.12 0.50 0.38 0.46 0.32 0.08 0.44 0.44 0.13 0.19 0.42 0.15 0.25 0.08 0.26 0.29 0.23 -0.27 0.30 0.34 0.22 -0.21 0.41 0.32 0.03 0.27 0.29 1.92 0.32
EPS (Diluted) 2.27 1.88 2.41 2.84 2.58 2.56 2.61 2.49 2.00 1.67 1.82 1.86 1.58 1.18 0.40 -0.09 0.57 0.34 0.55 0.78 0.74 0.60 1.00 0.09 1.10 0.87 1.01 1.09 1.06 0.75 0.93 0.92 0.78 3.11 0.63 0.66 0.79 0.43 0.42 0.25 0.56 0.34 0.15 0.42 -0.10 0.12 -0.12 0.48 -0.19 -0.03 -0.05 -0.02 0.58 0.18 -28.90 0.78 0.12 0.50 0.38 0.46 0.30 0.07 0.44 0.45 0.13 0.19 0.42 0.14 0.24 0.08 0.26 0.28 0.22 -0.27 0.30 0.34 0.22 -0.21 0.37 0.29 0.03 0.24 0.26 1.74 0.29
Shares Outstanding 1,100.2 1,115.2 1,123.8 1,132.8 1,140.5 1,169.2 1,167.0 1,170.0 1,185.3 1,157.3 1,171.3 1,193.1 1,219.6 1,240.8 1,253.9 1,253.9 1,250.5 1,249.3 1,248.2 1,247.6 1,243.5 1,241.6 1,238.5 1,236.5 1,236.5 856.3 854.6 854.4 851.2 849.1 847.1 847.7 855.2 837.4 831.2 831.0 827.7 825.0 823.0 822.4 819.4 816.6 815.1 811.6 808.6 807.4 783.3 803.9 794.7 762.0 720 664.6 182.5 182.1 267.6 267.6 181.4 181.4 181.0 180.1 178.5 178.5 177.0 176.6 176.4 176.4 176.1 176.0 175.5 175.5 175.0 174.5 174.1 174.1 173.4 148.3 78.5 78.5 70.9 70.9 70.9 70.9 70.9 70.9 70.9
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
Current Assets
Cash & Cash Equivalents 3,520 5,598 3,310 10,259 12,003 5,409 9,754 6,417 6,708 5,135 5,030 6,647 4,540 4,507 6,888 3,151 3,245 6,631 4,055 7,793 6,677 10,385 6,571 11,076 1,112 1,528 1,653 1,105 1,439 1,203 329 215 2,527 1,219 739 181 7,501 5,500 5,352 5,538 3,647 776.5 914.6 929.4 869.8 850.7 1,464.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,925 299.9 274.9 224.9 224.9 224.6 242.2
Net Receivables 9,791 9,871 9,683 8,824 8,686 8,655 7,881 8,339 8,312 9,148 8,970 9,371 9,378 9,568 9,372 9,595 9,077 8,942 8,436 8,610 7,453 7,853 7,415 6,573 4,242 4,508 4,267 4,281 4,231 4,318 4,030 3,949 3,983 4,227 3,894 3,811 3,768 3,866 3,600 3,736 4,066 47.8 52.8 51.5 54.2 45.3 34.4
Inventory 2,327 2,405 2,370 1,690 1,937 1,607 1,789 1,319 1,521 1,678 1,685 1,373 1,741 1,884 2,247 2,243 2,715 2,567 1,762 1,707 2,209 2,527 1,931 1,549 1,225 964 801 998 1,261 1,084 958 998 1,311 1,566 999 1,208 1,021 1,111 1,039 1,388 1,443 195.4 117.6 147.4 99.9 103.2 96.1
Other Current Assets 5,403 5,372 5,212 4,874 3,835 1,853 2,154 2,163 2,039 2,352 2,272 2,032 2,543 2,435 2,209 1,711 1,691 2,005 1,576 1,642 1,770 2,496 2,889 4,496 2,882 1,972 1,737 1,730 1,814 1,676 1,969 1,929 1,788 1,903 1,817 1,580 1,406 1,537 1,336 1,415 1,263 102.6 108.6 89.8 84.5 116.4 59.1
Total Current Assets 22,118 24,461 21,703 26,772 27,441 18,404 22,531 19,297 19,295 19,015 18,669 20,237 18,876 19,067 21,427 17,476 17,455 20,891 16,772 20,570 18,779 23,885 19,465 24,321 9,487 9,305 8,458 8,114 8,745 8,281 7,286 7,091 9,609 8,915 7,449 6,780 15,899 14,217 13,530 14,280 13,344 1,487.5 1,538.0 1,491.4 1,394.4 1,409.3 1,949.4
Non-Current Assets
Property, Plant & Equipment 65,049 66,785 67,743 65,321 65,899 67,022 66,788 67,733 69,232 70,837 72,038 73,060 73,481 74,058 73,917 73,943 74,742 70,084 70,197 70,335 71,241 72,224 69,604 59,335 35,854 35,632 35,867 34,875 33,312 23,359 22,502 22,375 22,308 22,196 21,570 21,423 21,235 20,943 20,574 20,570 20,625 3,306.4 3,263.5 3,252.2 3,039.0 2,993.1 1,669.2
Goodwill 13,664 13,678 13,690 13,460 13,467 13,005 13,015 13,015 12,234 12,234 12,234 12,234 12,234 12,234 12,234 12,234 12,234 12,188 12,188 11,152 11,158 11,117 10,906 10,910 1,930 1,930 1,930 1,901 1,901 1,901 1,901 1,901 1,901 1,683 1,683 1,683 1,683 1,683 1,683 1,683 1,683 0 0 0 0 0 0
Intangible Assets 3,573 3,843 101,866 98,366 101,351 103,070 101,498 101,639 99,599 99,325 99,513 98,921 99,123 99,306 99,530 99,772 97,109 97,339 97,636 87,517 87,793 88,126 88,551 88,908 36,562 36,580 36,586 36,587 35,792 35,757 35,782 35,792 35,795 35,583 35,263 35,356 27,488 27,390 27,021 26,022 26,036 2,471.9 2,470.6 2,470.2 2,465.8 2,457.0 2,072.9
Long-Term Investments 0 2,765 2,400 2,059 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19.5 20.3 6.3 4.4 4.6 0
Other Non-Current Assets 110,263 107,705 9,778 6,665 6,475 6,534 6,910 6,873 5,908 6,271 6,125 6,150 6,459 6,673 6,391 6,038 9,113 6,061 5,332 14,550 14,361 4,810 3,917 3,725 3,393 3,474 3,268 3,311 3,323 3,170 2,711 2,533 2,391 2,186 1,958 1,917 1,743 1,658 1,464 1,413 1,375 193.8 164.2 165.9 107.0 107.1 73.7
Total Non-Current Assets 192,549 194,776 195,477 185,871 187,192 189,631 188,211 189,260 186,973 188,667 189,910 190,365 191,297 192,271 192,072 191,987 193,198 185,672 185,353 183,554 184,553 176,277 172,978 162,878 77,739 77,616 77,651 76,674 74,328 64,187 62,896 62,601 62,395 61,648 60,474 60,379 52,149 51,674 50,742 49,688 49,719 5,991.6 5,918.5 5,894.6 5,616.2 5,561.9 3,815.8
Total Assets 214,667 219,237 217,180 212,643 214,633 208,035 210,742 208,557 206,268 207,682 208,579 210,602 210,173 211,338 213,499 209,463 210,653 206,563 202,125 204,124 203,332 200,162 192,443 187,199 87,226 86,921 86,109 84,788 83,073 72,468 70,182 69,692 72,004 70,563 67,923 67,159 68,048 65,891 64,272 63,968 63,063 7,479.1 7,456.6 7,386.0 7,010.5 6,971.2 5,765.2
Current Liabilities
Account Payables 9,522 4,396 4,712 4,144 4,015 3,782 3,050 3,290 3,345 5,573 4,603 5,465 6,429 7,213 6,822 6,292 6,739 6,499 4,101 3,855 4,559 5,564 3,862 4,960 6,003 4,322 6,406 7,260 7,330 5,487 6,500 6,686 7,157 6,182 6,071 6,225 6,160 5,163 6,146 6,985 7,431 251.5 326.2 295.9 266.3 285.8 410.5
Short-Term Debt 2,238 5,135 6,333 6,408 8,214 4,528 5,851 5,867 5,356 3,619 3,437 7,731 5,215 5,164 7,398 2,942 4,115 5,623 4,336 6,883 4,423 4,579 3,713 5,053 2,000 25 475 300 848 841 783 1,324 3,765 999 558 1,202 7,542 20 325 258 365 24.0 19.7 19.3 18.3 17.7 16
Deferred Revenue 1,468 1,533 1,487 1,217 1,193 1,222 1,125 1,098 846 825 830 810 804 780 777 810 842 856 914 939 972 1,030 1,078 1,185 619 631 608 620 665 698 696 722 791 779 790 851 934 986 980 936 895 196.9 203.8 187.7 171.7 171.8 108.3
Other Current Liabilities 2,322 2,575 2,581 2,175 1,881 1,965 1,903 4,028 1,933 1,296 2,948 1,647 2,115 1,850 1,610 1,120 959 1,070 939 877 769 810 1,817 2,275 2,801 1,673 1,883 1,564 1,129 (54) 367 359 353 414 396 395 393 405 355 370 425 34.3 28.8 63.0 4.8 5.6 3.9
Total Current Liabilities 20,344 24,500 24,301 22,102 23,629 20,174 20,955 23,038 20,563 20,928 21,711 24,569 23,846 24,742 26,362 20,622 21,423 23,499 19,247 21,837 19,495 21,703 19,840 23,191 14,756 12,506 12,869 13,173 13,327 10,267 8,572 9,281 12,357 11,515 8,103 8,828 15,285 9,022 8,119 8,752 9,369 677.6 804.3 797.5 629.8 661.0 538.6
Non-Current Liabilities
Long-Term Debt 83,809 81,147 77,863 76,515 77,530 74,197 74,019 71,699 72,857 71,399 71,861 70,141 69,530 66,796 66,329 68,047 68,355 68,570 68,139 68,387 71,116 66,546 63,056 67,489 22,946 24,944 10,956 10,954 10,952 12,124 11,993 12,065 12,127 26,707 13,163 13,206 13,105 21,832 21,825 21,574 20,505 3,628.5 3,630.9 3,625.9 3,589.4 3,591.1 2,990.8
Deferred Tax Liabilities 20,266 19,583 19,222 18,468 17,505 16,700 15,849 15,022 14,187 13,458 12,900 12,226 11,510 10,884 10,397 10,433 10,410 10,216 10,370 10,391 10,154 9,966 10,373 9,996 5,618 5,607 5,296 5,090 4,925 4,472 4,370 4,087 3,813 3,537 5,535 5,188 4,842 4,938 4,648 4,427 4,285 583.8 531.1 512.3 441.6 417.1 269.0
Other Non-Current Liabilities 7,497 3,794 3,783 4,014 4,139 4,000 3,968 4,032 3,846 3,929 3,640 3,749 3,802 4,101 4,430 3,808 3,818 5,097 5,214 5,229 5,298 5,412 3,577 3,494 959 954 14,922 14,898 14,881 18,330 18,327 18,295 18,249 3,655 18,246 17,717 13,239 9,242 9,198 9,186 9,160 172.6 168.2 162.2 203.7 210.5 68.9
Total Non-Current Liabilities 138,452 135,534 132,402 129,434 129,899 126,120 125,537 122,883 123,631 122,039 122,170 120,283 119,402 116,940 116,987 118,807 119,254 113,962 114,451 114,817 117,460 113,115 108,116 101,012 43,493 45,626 45,469 44,648 43,565 37,483 37,255 37,021 36,771 36,489 39,543 38,717 33,800 38,633 38,300 37,821 36,590 4,385.0 4,330.2 4,300.4 4,234.7 4,218.7 3,328.7
Total Liabilities 158,796 160,034 156,703 151,536 153,528 146,294 146,492 145,921 144,194 142,967 143,881 144,852 143,248 141,682 143,349 139,429 140,677 137,461 133,698 136,654 136,955 134,818 127,956 124,203 58,249 58,132 58,338 57,821 56,892 47,750 45,827 46,302 49,128 48,004 47,646 47,545 49,085 47,655 46,419 46,573 45,959 5,062.6 5,134.5 5,097.9 4,864.5 4,879.8 3,867.4
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings 22,541 21,136 20,155 18,576 16,342 14,384 12,401 10,360 8,196 7,347 5,335 3,938 1,717 (223) (1,699) (2,207) (2,099) (2,812) (3,234) (3,925) (4,903) (5,836) (6,586) (7,839) (7,949) (8,833) (9,584) (10,454) (11,393) (12,954) (13,594) (14,389) (15,179) (16,074) (18,781) (19,331) (19,912) (20,610) (21,000) (21,366) (21,591) 767.3 687.4 664.7 558.0 531.8 385.6
Accumulated Other Comprehensive Income (835) (848) (881) (908) (989) (857) (889) (917) (926) (964) (949) (957) (1,004) (1,046) (1,263) (1,295) (1,329) (1,365) (1,478) (1,510) (1,545) (1,581) (1,621) (1,658) (1,660) (868) (1,070) (813) (521) (332) 0 0 5 8 4 3 2 1 1 (1) (4) (9.8) (10.7) (11.3) (21.5) (32.9) (4.1)
Total Stockholders' Equity 55,879 59,203 60,477 61,107 61,105 61,741 64,250 62,636 62,074 64,715 64,698 65,750 66,925 69,656 70,150 70,034 69,976 69,102 68,427 67,470 66,377 65,344 64,487 62,996 28,977 28,789 27,771 26,967 26,181 24,718 24,355 23,390 22,876 22,559 20,277 19,614 18,963 18,236 17,853 17,395 17,104 2,416.5 2,322.1 2,288.1 2,146.0 2,091.5 1,893.0
Total Liabilities & Equity 214,675 219,237 217,180 212,643 214,633 208,035 210,742 208,557 206,268 207,682 208,579 210,602 210,173 211,338 213,499 209,463 210,653 206,563 202,125 204,124 203,332 200,162 192,443 187,199 87,226 86,921 86,109 84,788 83,073 72,468 70,182 69,692 72,004 70,563 67,923 67,159 68,048 65,891 64,272 63,968 63,063 7,479.1 7,456.6 7,386.0 7,010.5 6,971.2 5,765.2
Debt Metrics
Total Debt 117,729 122,269 120,437 117,860 120,910 114,404 116,151 114,150 115,662 113,086 113,898 116,548 113,926 111,792 114,164 112,076 113,514 108,817 107,434 110,702 110,942 107,247 102,587 97,779 42,021 42,334 28,971 28,191 27,720 16,363 15,341 15,963 18,474 30,909 16,320 17,014 23,261 24,807 24,779 24,466 23,510 3,652.6 3,650.6 3,645.3 3,607.7 3,608.8 3,006.8
Net Debt 114,209 116,671 116,856 107,601 108,907 108,995 106,397 107,733 108,954 107,951 108,868 109,901 109,386 107,285 107,276 108,925 110,269 102,186 103,379 102,909 104,265 96,862 96,016 86,703 40,909 40,806 27,318 27,086 26,281 15,160 15,012 15,748 15,947 29,690 15,581 16,833 15,760 19,307 19,427 18,928 19,863 2,876.0 2,736.0 2,715.9 2,737.9 2,758.1 1,542.5
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
Operating Activities
Net Income 2,504 2,103 2,714 3,222 2,953 2,981 3,059 2,925 2,374 2,014 2,142 2,221 1,940 1,477 508 (108) 713 422 691 978 933 750 1,253 110 951 751 870 939 908 640 795 782 671 2,707 550 581 698 390 366 225 479
Depreciation & Amortization 3,817 3,756 3,408 3,146 3,198 3,149 3,151 3,248 3,371 3,318 3,187 3,110 3,203 3,262 3,313 3,491 3,585 3,872 4,145 4,077 4,289 4,219 4,150 4,064 1,718 1,776 1,655 1,585 1,600 1,640 1,637 1,634 1,575 1,485 1,416 1,519 1,564 1,548 1,568 1,575 1,552
Stock-Based Compensation 209 216 227 200 186 175 170 164 140 167 156 167 177 150 150 154 141 137 131 134 138 136 161 259 138 129 126 130 110 100 115 112 97 85 82 72 67 64 59 60 52
Change in Working Capital 8,345 (225) (321) (797) (776) (1,718) (1,491) (1,924) (1,876) (1,544) (1,136) (2,136) (2,195) (1,370) (337) (208) (1,140) (1,531) (1,719) (1,720) (2,144) (2,059) (3,499) (4,619) (1,708) (1,561) (1,388) (912) (1,622) (1,784) (2,107) (1,729) (1,913) (250) (290) (784) (1,807) (941) (483) (438) (892)
Other Non-Cash Items (8,335) 445 632 284 515 121 433 361 360 289 274 290 315 398 793 956 361 313 256 84 234 349 372 865 208 200 191 138 108 140 190 190 134 30 257 96 1,288 250 11 206 (430)
Operating Cash Flow 7,222 6,654 7,457 6,992 6,847 5,549 6,139 5,521 5,084 4,859 5,294 4,355 4,051 4,336 4,391 4,209 3,845 3,000 3,477 3,779 3,661 3,474 2,772 777 1,617 1,537 1,748 2,147 1,392 954 914 1,261 770 2,058 2,362 1,829 1,713 1,602 1,740 1,768 1,025
Investing Activities
Capital Expenditure (2,623) (2,469) (2,639) (2,396) (2,451) (3,047) (4,380) (2,196) (2,688) (2,372) (2,543) (2,822) (3,074) (3,395) (3,994) (3,688) (6,224) (2,958) (3,351) (3,278) (12,105) (4,313) (3,217) (3,002) (1,852) (1,261) (1,527) (2,454) (2,116) (1,210) (1,384) (1,657) (1,417) (929) (1,456) (7,138) (1,542) (1,283) (1,864) (3,594) (1,929)
Acquisitions (1) 0 (2,797) 1 (727) 17 0 (390) 0 2 2 2 6 52 0 (1) (52) 1,916 (1,886) (1) (29) (14) 1,238 (5,000) 0 0 (31) 0 0 0 0 (5) (333) 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 95 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,923 75
Other Investing Activities (320) (31) (4,703) 836 (231) (105) (1,346) 752 840 1,149 1,148 1,333 1,340 1,190 1,439 1,130 1,184 (870) 1,085 1,196 895 680 847 1,646 272 374 901 839 1,150 1,441 1,342 1,356 1,288 3 1 5 (8) (11) 5 4 (6)
Investing Cash Flow (2,849) (2,500) (10,139) (1,559) (3,409) (2,300) (3,307) (1,678) (1,787) (1,221) (1,393) (1,487) (1,728) (2,153) (2,555) (2,559) (5,092) (1,912) (4,152) (2,083) (11,239) (3,647) (1,132) (6,356) (1,580) (887) (657) (1,615) (966) 231 (42) (306) (462) (926) (1,455) (7,133) (1,550) (1,294) (1,859) (667) (1,860)
Financing Activities
Net Debt Issuance (37) 1,821 (648) (3,594) 6,980 (1,748) 1,910 (938) 2,923 (536) (2,795) 2,923 2,576 (2,007) 2,529 (1,669) (1,934) 1,532 (2,953) (449) 4,202 4,103 (6,155) 15,592 (307) (723) (535) (829) (86) (246) (747) (2,630) 1,768 (140) (325) (1,996) 1,925 (77) (59) 799 (41)
Stock Repurchased (4,826) (2,446) (2,479) (2,555) (2,494) (4,687) (560) (2,387) (3,594) (2,183) (2,681) (3,591) (4,619) (2,443) (557) (43) (172) (8) (14) (76) (218) (88) (2,546) (16,990) (141) (48) (4) (4) (100) (57) (5) (405) (666) (427) (6) (3) (92) (69) (3) (3) (46)
Dividends Paid (1,120) (1,135) (987) (996) (1,003) (1,014) (758) (759) (769) (747) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (13) 0 0 (14) (13) (14) (14) (14) (13) (14) (14)
Other Financing Activities (153) (71) (124) (60) (290) (73) (85) (50) (226) (64) (34) (46) (43) (30) (45) (32) (30) (52) (93) (52) (110) (36) 7 (264) (5) (4) (4) (33) (4) (8) 7 (222) (102) (92) (5) (3) 19 0 8 8 1
Financing Cash Flow (6,136) (1,831) (4,238) (7,205) 3,193 (7,522) 507 (4,134) (1,666) (3,530) (5,510) (784) (2,273) (4,498) 1,927 (1,744) (2,136) 1,472 (3,060) (577) 3,874 3,979 (6,144) 15,628 (453) (775) (543) (866) (190) (311) (758) (3,267) 1,000 (652) (349) (2,016) 1,838 (160) (67) 790 (100)
Cash Position
Net Change in Cash (1,763) 2,311 (6,920) (1,765) 6,631 (4,273) 3,339 (291) 1,631 108 (1,609) 2,084 50 (2,315) 3,763 (94) (3,383) 2,560 (3,735) 1,119 (3,704) 3,806 (4,504) 10,049 (416) (125) 548 (334) 236 874 114 (2,312) 1,308 480 558 (7,320) 2,001 148 (186) 1,891 (935)
Cash at Beginning 5,976 3,665 10,501 12,266 5,713 9,986 6,647 6,938 5,307 5,199 6,808 4,724 4,674 6,989 3,226 3,320 6,703 4,143 7,878 6,759 10,463 6,657 11,161 1,112 1,528 1,653 1,105 1,439 1,203 329 215 2,527 1,219 739 181 7,501 5,500 5,352 5,538 3,647 4,582
Cash at End 4,213 5,976 3,581 10,501 12,344 5,713 9,986 6,647 6,938 5,307 5,199 6,808 4,724 4,674 6,989 3,226 3,320 6,703 4,143 7,878 6,759 10,463 6,657 11,161 1,112 1,528 1,653 1,105 1,439 1,203 329 215 2,527 1,219 739 181 7,501 5,500 5,352 5,538 3,647
Free Cash Flow 4,599 4,185 4,818 4,596 4,396 2,502 1,759 3,325 2,396 2,487 2,751 1,533 977 941 397 521 (2,379) 42 126 501 (8,444) (839) (445) (2,225) (235) 276 221 (307) (724) (256) (470) (396) (647) 1,129 906 (5,309) 171 319 (124) (1,826) (904)
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
Income Statement
Revenue 23,107 24,334 21,957 21,132 20,886 21,872 20,162 19,772 19,594 20,478 19,252 19,196 19,632 20,273 19,477 19,701 20,120 20,785 19,624 19,950 19,759 20,341 19,272 17,671 11,113 11,878 11,061 10,979 11,080 11,445 10,839 10,571 10,455 10,759 10,019 10,213 9,613 10,175 9,305 9,287 8,664 8,247 7,849 8,179 7,778 8,154 7,350 7,185 6,875 6,827 6,688 6,228 4,677 1,284.3 4,893 4,883 1,276.6 1,238.2 1,205.4 1,209.5 1,194.4 1,065.5 1,020.8 1,012.5 970.5 930.0 895.6 859.6 795.3 723.6 686.7 678.8 662.4 591.1 556.7 551.2 536.7 453.1 396.1 368.2 329.5 288.2 263.6 250.7 236.0
Gross Profit 14,280 10,338 10,823 13,756 13,486 13,087 13,133 13,020 12,507 12,078 12,117 12,192 11,983 11,602 10,783 10,533 10,447 10,333 10,941 11,006 11,233 10,689 11,591 10,906 6,945 6,666 6,624 6,669 6,518 6,275 6,391 6,269 6,021 5,720 5,808 5,849 5,519 5,443 5,330 5,239 4,869 4,844 4,486 4,121 3,704 3,959 3,554 3,517 3,125 3,289 3,229 2,965 2,682 487.4 2,886 2,960 428.8 509.5 479.9 500.9 443.7 459.5 450.8 469.0 372.1 389.8 398.2 363.5 324.7 296.5 306.8 312.6 273.7 255.5 261.9 255.5 218.0 175.3 164.6 148.7 0 0 0 0 0
Operating Income 4,497 3,864 4,862 5,213 4,800 4,586 4,796 4,630 3,998 3,480 3,596 3,793 3,397 2,747 1,281 709 1,806 1,063 1,584 2,106 2,139 1,712 2,565 820 1,539 1,234 1,471 1,541 1,476 1,137 1,440 1,450 1,282 1,112 1,323 1,416 1,037 942 1,048 833 1,168 838 513 597 117 433 49 962 (28) 139 297 181 379 121.5 292.2 311.9 98.3 215.1 176.8 210.3 145.3 207.3 207.9 198.4 105.2 129.8 158.2 115.8 131.5 99.4 120.7 135.6 112.0 92.2 133.1 132.1 102.7 66.8 69.4 54.1 329.5 (328.0) 263.6 250.7 236.0
Net Income 2,504 2,103 2,714 3,222 2,953 2,981 3,059 2,925 2,374 2,014 2,142 2,221 1,940 1,477 508 (108) 713 422 691 978 933 750 1,253 110 951 751 870 939 908 640 795 782 671 2,707 550 581 698 390 366 225 479 297 138 361 (63) 101 (94) 391 (151) (20) (36) (16) 107 31.7 (7,735) 207 21.0 91.3 69.3 84.3 56.4 13.6 77.3 79.9 22.7 33.1 73.5 26.2 44.0 14.6 44.9 50.5 39.5 (47.2) 53.1 58.1 36.4 (16.8) 29.3 23.0 18.4 18.8 20.6 136.5 22.8
EPS (Diluted) 2.27 1.88 2.41 2.84 2.58 2.56 2.61 2.49 2.00 1.67 1.82 1.86 1.58 1.18 0.40 -0.09 0.57 0.34 0.55 0.78 0.74 0.60 1.00 0.09 1.10 0.87 1.01 1.09 1.06 0.75 0.93 0.92 0.78 3.11 0.63 0.66 0.79 0.43 0.42 0.25 0.56 0.34 0.15 0.42 -0.10 0.12 -0.12 0.48 -0.19 -0.03 -0.05 -0.02 0.58 0.18 -28.90 0.78 0.12 0.50 0.38 0.46 0.30 0.07 0.44 0.45 0.13 0.19 0.42 0.14 0.24 0.08 0.26 0.28 0.22 -0.27 0.30 0.34 0.22 -0.21 0.37 0.29 0.03 0.24 0.26 1.74 0.29
Balance Sheet
Cash & Equivalents 3,520 5,598 3,310 10,259 12,003 5,409 9,754 6,417 6,708 5,135 5,030 6,647 4,540 4,507 6,888 3,151 3,245 6,631 4,055 7,793 6,677 10,385 6,571 11,076 1,112 1,528 1,653 1,105 1,439 1,203 329 215 2,527 1,219 739 181 7,501 5,500 5,352 5,538 3,647 776.5 914.6 929.4 869.8 850.7 1,464.3
Total Assets 214,667 219,237 217,180 212,643 214,633 208,035 210,742 208,557 206,268 207,682 208,579 210,602 210,173 211,338 213,499 209,463 210,653 206,563 202,125 204,124 203,332 200,162 192,443 187,199 87,226 86,921 86,109 84,788 83,073 72,468 70,182 69,692 72,004 70,563 67,923 67,159 68,048 65,891 64,272 63,968 63,063 7,479.1 7,456.6 7,386.0 7,010.5 6,971.2 5,765.2
Total Debt 117,729 122,269 120,437 117,860 120,910 114,404 116,151 114,150 115,662 113,086 113,898 116,548 113,926 111,792 114,164 112,076 113,514 108,817 107,434 110,702 110,942 107,247 102,587 97,779 42,021 42,334 28,971 28,191 27,720 16,363 15,341 15,963 18,474 30,909 16,320 17,014 23,261 24,807 24,779 24,466 23,510 3,652.6 3,650.6 3,645.3 3,607.7 3,608.8 3,006.8
Stockholders' Equity 55,879 59,203 60,477 61,107 61,105 61,741 64,250 62,636 62,074 64,715 64,698 65,750 66,925 69,656 70,150 70,034 69,976 69,102 68,427 67,470 66,377 65,344 64,487 62,996 28,977 28,789 27,771 26,967 26,181 24,718 24,355 23,390 22,876 22,559 20,277 19,614 18,963 18,236 17,853 17,395 17,104 2,416.5 2,322.1 2,288.1 2,146.0 2,091.5 1,893.0
Cash Flow
Operating Cash Flow 7,222 6,654 7,457 6,992 6,847 5,549 6,139 5,521 5,084 4,859 5,294 4,355 4,051 4,336 4,391 4,209 3,845 3,000 3,477 3,779 3,661 3,474 2,772 777 1,617 1,537 1,748 2,147 1,392 954 914 1,261 770 2,058 2,362 1,829 1,713 1,602 1,740 1,768 1,025
Capital Expenditure (2,623) (2,469) (2,639) (2,396) (2,451) (3,047) (4,380) (2,196) (2,688) (2,372) (2,543) (2,822) (3,074) (3,395) (3,994) (3,688) (6,224) (2,958) (3,351) (3,278) (12,105) (4,313) (3,217) (3,002) (1,852) (1,261) (1,527) (2,454) (2,116) (1,210) (1,384) (1,657) (1,417) (929) (1,456) (7,138) (1,542) (1,283) (1,864) (3,594) (1,929)
Free Cash Flow 4,599 4,185 4,818 4,596 4,396 2,502 1,759 3,325 2,396 2,487 2,751 1,533 977 941 397 521 (2,379) 42 126 501 (8,444) (839) (445) (2,225) (235) 276 221 (307) (724) (256) (470) (396) (647) 1,129 906 (5,309) 171 319 (124) (1,826) (904)