TSCO - Tractor Supply Company
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$54.73
DETAILS
HIGH:
$63.00
LOW:
$36.00
MEDIAN:
$57.00
CONSENSUS:
$54.73
UPSIDE:
73.09%
| 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 | 15,524.0 | 14,883.2 | 14,555.7 | 14,204.7 | 12,731.1 | 10,620.4 | 8,351.9 | 7,911.0 | 7,256.4 | 6,779.6 | 6,226.5 | 5,711.7 | 5,164.8 | 4,664.1 | 4,232.7 | 3,638.3 | 3,206.9 | 3,007.9 | 2,703.2 | 2,369.6 | 2,068.0 | 1,738.8 | 1,472.9 | 1,210.0 | 849.8 | 759.0 | 688.1 | 600.7 | 509.1 | 449 | 383.9 | 330 | 279.2 |
| Cost of Revenue | 10,363.5 | 9,486.7 | 9,327.5 | 9,232.5 | 8,254.0 | 6,858.8 | 5,480.2 | 5,208.5 | 4,764.4 | 4,454.4 | 4,083.3 | 3,761.3 | 3,411.2 | 3,098.1 | 2,825.9 | 2,434.7 | 2,172.0 | 2,095.7 | 1,850.5 | 1,618.2 | 1,428.4 | 1,214.2 | 1,024.0 | 867.8 | 621.5 | 558.6 | 506.8 | 446 | 377.5 | 332.4 | 285.2 | 241.8 | 207.5 |
| Gross Profit | 5,160.5 | 5,396.6 | 5,228.2 | 4,972.2 | 4,477.2 | 3,761.5 | 2,871.8 | 2,702.5 | 2,492.0 | 2,325.2 | 2,143.2 | 1,950.4 | 1,753.6 | 1,566.1 | 1,406.9 | 1,203.7 | 1,035.0 | 912.3 | 852.7 | 751.4 | 639.6 | 524.7 | 448.9 | 342.2 | 228.3 | 200.4 | 181.3 | 154.7 | 131.6 | 116.6 | 98.7 | 88.2 | 71.7 |
| 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 | 3,693.1 | 3,481.9 | 3,356.3 | 3,194.2 | 2,900.3 | 2,478.5 | 1,932.6 | 1,823.4 | 1,639.7 | 1,488.2 | 1,369.1 | 1,246.3 | 1,138.9 | 1,040.3 | 973.8 | 867.6 | 784.1 | 716.0 | 641.6 | 561.1 | 469.1 | 396.0 | 332.2 | 260.3 | 178.2 | 156.5 | 139.7 | 120.7 | 104.7 | 88.8 | 73.6 | 65.8 | 54.8 |
| Other Expenses | 0 | 447.2 | 393.0 | 343.1 | 270.2 | 286.1 | 196.0 | 177.4 | 165.8 | 143.0 | 123.6 | 114.6 | 100.0 | 89.0 | 80.3 | 69.8 | 66.3 | 62.9 | 51.1 | 42.3 | 34.0 | 27.2 | 19.8 | 16.5 | 11.3 | 9.9 | 7.3 | 5.3 | 4.5 | 3.4 | 2.5 | 1.8 | 1.7 |
| Operating Expenses | 3,693.1 | 3,929.0 | 3,749.3 | 3,537.3 | 3,170.5 | 2,764.6 | 2,128.6 | 2,000.8 | 1,805.6 | 1,631.1 | 1,492.7 | 1,360.9 | 1,239.0 | 1,129.3 | 1,054.2 | 937.4 | 850.3 | 778.8 | 692.7 | 603.3 | 503.1 | 423.1 | 352.0 | 276.7 | 189.5 | 166.4 | 147 | 126 | 109.2 | 92.2 | 76.1 | 67.6 | 56.5 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | 1,467.4 | 1,467.5 | 1,478.9 | 1,434.9 | 1,306.7 | 996.9 | 743.2 | 701.7 | 686.4 | 694.1 | 650.5 | 589.5 | 514.6 | 436.8 | 352.7 | 266.2 | 184.6 | 135.6 | 160.0 | 148.0 | 136.4 | 101.5 | 96.9 | 65.4 | 38.8 | 34.0 | 34.3 | 28.7 | 22.4 | 24.4 | 22.6 | 20.6 | 15.2 |
| Interest Expense | 69.1 | 54.6 | 46.5 | 30.6 | 26.6 | 28.8 | 19.8 | 18.4 | 13.9 | 5.8 | 2.9 | 1.9 | 0.6 | 1.1 | 2.1 | 1.3 | 1.6 | 2.1 | 5.0 | 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 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | 1,961.4 | 1,914.7 | 1,872.0 | 1,778.0 | 1,576.9 | 1,214.1 | 939.2 | 879.1 | 852.2 | 837.0 | 774.1 | 704.1 | 614.7 | 525.8 | 433.1 | 336.0 | 250.9 | 196.3 | 211.1 | 190.3 | 170.5 | 128.7 | 116.7 | 81.9 | 50.1 | 43.9 | 41.6 | 34 | 26.9 | 27.8 | 25.1 | 22.4 | 16.9 |
| EBIT | 1,467.4 | 1,467.5 | 1,478.9 | 1,434.9 | 1,306.7 | 996.9 | 743.2 | 701.8 | 686.5 | 694.1 | 650.5 | 589.5 | 514.6 | 436.8 | 352.7 | 266.2 | 191.6 | 135.6 | 160.0 | 148.0 | 136.4 | 101.5 | 96.9 | 65.4 | 38.8 | 34.0 | 34.3 | 28.7 | 22.4 | 24.4 | 22.6 | 20.6 | 15.2 |
| Income Before Tax | 1,398.2 | 1,412.9 | 1,432.4 | 1,404.3 | 1,280.1 | 968.1 | 723.4 | 683.4 | 672.5 | 688.3 | 647.6 | 587.6 | 514.1 | 435.7 | 350.6 | 264.9 | 183.0 | 133.4 | 155.0 | 145.3 | 134.8 | 100.1 | 93.5 | 60.7 | 36.5 | 27.6 | 30.1 | 25.3 | 20 | 22 | 20.8 | 18.8 | 11.4 |
| Income Tax Expense | 302.2 | 311.7 | 325.2 | 315.6 | 283.0 | 219.2 | 161.0 | 151.0 | 249.9 | 251.2 | 237.2 | 216.7 | 185.9 | 159.3 | 127.9 | 97.0 | 67.5 | 51.5 | 58.8 | 54.3 | 49.1 | 36.0 | 35.1 | 22.0 | 10.8 | 11.2 | 12.2 | 10.5 | 8.2 | 8.8 | 8.3 | 7.5 | 4.5 |
| Net Income | 1,096.1 | 1,101.2 | 1,107.2 | 1,088.7 | 997.1 | 749.0 | 562.4 | 532.4 | 422.6 | 437.1 | 410.4 | 370.9 | 328.2 | 276.5 | 222.7 | 168.0 | 115.5 | 81.9 | 96.2 | 91.0 | 85.7 | 64.1 | 56.5 | 38.8 | 25.8 | 16.4 | 17.9 | 14.8 | 11.8 | 13.2 | 12.5 | 11.3 | 6.9 |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | 2.07 | 2.05 | 2.03 | 1.96 | 1.74 | 1.29 | 0.94 | 0.87 | 0.66 | 0.66 | 0.61 | 0.54 | 0.47 | 0.39 | 0.31 | 0.23 | 0.16 | 0.11 | 0.12 | 0.11 | 0.11 | 0.08 | 0.08 | 0.03 | 0.04 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 |
| EPS (Diluted) | 2.06 | 2.04 | 2.02 | 1.94 | 1.72 | 1.28 | 0.93 | 0.86 | 0.66 | 0.65 | 0.60 | 0.53 | 0.46 | 0.38 | 0.30 | 0.23 | 0.16 | 0.11 | 0.12 | 0.11 | 0.10 | 0.08 | 0.07 | 0.02 | 0.04 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 |
| Shares Outstanding | 530.0 | 536.9 | 545.5 | 556.7 | 574.0 | 581.9 | 598.6 | 613.3 | 637.9 | 664.5 | 677.9 | 688.8 | 697.1 | 710.9 | 717.8 | 726.0 | 719.8 | 736.6 | 784.4 | 801.8 | 781.2 | 763.0 | 742.6 | 722.6 | 706.1 | 701.2 | 702.0 | 700.6 | 704.5 | 704 | 697.4 | 697.4 | 697.4 |
| 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 | 194.1 | 251.5 | 397.1 | 202.5 | 878.0 | 1,341.8 | 84.2 | 86.3 | 109.1 | 53.9 | 172.9 | 37.0 | 28.9 | 20.0 | 13.8 | 8.9 | 9.1 | 7 | 18.2 | 8.5 | 12.9 | 5.1 | 14 | 3.5 |
| 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 |
| Net Receivables | 27.0 | 21.6 | 2.5 | 0 | 17.1 | 0 | 0 | 4.1 | 4.8 | 3.7 | 0 | 0 | 0 | 0 | 0.1 | 6.5 | 7.7 | 6.8 | 5.6 | 5.2 | 4.9 | 3.7 | 2.2 | 1.9 |
| Inventory | 3,084.1 | 2,840.2 | 2,645.9 | 2,709.6 | 2,191.2 | 1,783.3 | 1,602.8 | 1,589.5 | 1,453.2 | 1,369.7 | 676.5 | 603.4 | 385.1 | 324.5 | 289.3 | 222.0 | 222.5 | 207.3 | 171.7 | 151.7 | 124.1 | 112.7 | 86.3 | 69.8 |
| Other Current Assets | 202.6 | 196.6 | 218.6 | 245.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.7 | 13.9 | 11.1 | 11.6 | 0 | 7.9 | 4.8 | 6.3 | 4.2 | 1.7 | 5 | 1.7 | 3.5 |
| Total Current Assets | 3,507.8 | 3,309.9 | 3,263.9 | 3,157.8 | 3,250.4 | 3,258.7 | 1,787.9 | 1,794.4 | 1,655.4 | 1,517.8 | 880.1 | 684.0 | 458.4 | 383.2 | 332.3 | 252.0 | 247.2 | 225.9 | 201.8 | 169.6 | 143.6 | 126.5 | 104.2 | 78.7 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 6,965.0 | 6,142.9 | 5,579.2 | 5,037.4 | 4,403.7 | 3,672.8 | 3,352.8 | 1,134.5 | 1,044.5 | 962.3 | 370.2 | 362.0 | 213.6 | 150.8 | 123.5 | 82.0 | 80.5 | 73.7 | 59.9 | 52.4 | 49.5 | 45.1 | 39.4 | 35.1 |
| Goodwill | 346.7 | 246.4 | 246.4 | 230.2 | 32.4 | 32.4 | 93.2 | 93.2 | 93.2 | 94.4 | 10.3 | 10.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 52.0 | 23.1 | 23.1 | 23.1 | 23.1 | 23.1 | 31.3 | 31.3 | 31.3 | 31.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 27.3 | 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 | 34.9 | 83.2 | 75.5 | 41.5 | 55.4 | 30.5 | 24.1 | 25.3 | 25.9 | 23.9 | 4.9 | 6.0 | 6.4 | 4.3 | 3.1 | 1.8 | 4.6 | 3 | 2.9 | 2.1 | 2.5 | 2.5 | 2.6 | 3 |
| Total Non-Current Assets | 7,425.9 | 6,495.6 | 5,924.2 | 5,332.2 | 4,517.0 | 3,790.4 | 3,501.4 | 1,290.9 | 1,213.4 | 1,157.1 | 396.5 | 392.0 | 220.1 | 155.1 | 126.6 | 86.5 | 85.1 | 76.7 | 62.8 | 54.5 | 52 | 47.6 | 42 | 38.1 |
| Total Assets | 10,933.7 | 9,805.5 | 9,188.2 | 8,490.0 | 7,767.5 | 7,049.1 | 5,289.3 | 3,085.3 | 2,868.8 | 2,674.9 | 1,276.6 | 1,076.0 | 678.5 | 538.3 | 458.9 | 338.5 | 332.3 | 302.6 | 264.6 | 224.1 | 195.6 | 174.1 | 146.2 | 116.8 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 1,390.8 | 1,236.2 | 1,179.8 | 1,398.3 | 1,155.6 | 976.1 | 643.0 | 620.0 | 576.6 | 519.5 | 261.6 | 286.8 | 147.9 | 131.6 | 114.9 | 81.0 | 70.3 | 59.8 | 60.9 | 52.7 | 47.6 | 36.5 | 32 | 24.2 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 26.2 | 25 | 10 | 0 | 0 | 0.9 | 0.3 | 2.5 | 2.5 | 3.4 | 3.3 | 3.7 | 1.5 | 1.7 | 1.5 | 1.5 | 4.4 |
| 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 |
| Other Current Liabilities | 653.5 | 100.9 | 91.5 | 120.3 | 109.6 | 119.7 | 39.8 | 54.0 | 31.7 | 25.2 | 11.5 | 0 | 0 | 0 | 4.8 | 3.3 | 39.8 | 45.5 | 41.7 | 32.5 | 28.4 | 24.7 | 24.5 | 22.7 |
| Total Current Liabilities | 2,614.4 | 2,319.2 | 2,177.1 | 2,376.2 | 2,064.8 | 1,743.8 | 1,247.6 | 938.1 | 849.2 | 777.2 | 404.2 | 400.8 | 241.6 | 202.0 | 188.4 | 129.7 | 113.5 | 108.6 | 106.3 | 86.7 | 77.7 | 62.7 | 58 | 51.3 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 1,765.0 | 1,832 | 1,729 | 1,164.1 | 986.4 | 984.3 | 366.5 | 381.1 | 401.1 | 263.9 | 0 | 0 | 32.3 | 19.4 | 36.9 | 20.7 | 63.0 | 54.7 | 37.2 | 31.1 | 21.2 | 25.9 | 12.3 | 40 |
| Deferred Tax Liabilities | 95.0 | 44.3 | 60.0 | 30.8 | 0 | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 | 5.7 | 6.2 | 1.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 155.3 | 147.4 | 138.0 | 120.0 | 105.8 | 143.2 | 76.4 | 175.0 | 167.2 | 154.8 | 28.3 | 63.2 | 25.9 | 17.9 | 2.0 | 4.4 | 0.8 | 1 | 1.1 | 1.4 | 1.9 | 2 | 2.2 | 2.3 |
| Total Non-Current Liabilities | 5,737.9 | 5,216.0 | 4,861.3 | 4,071.4 | 3,700.0 | 3,381.5 | 2,474.5 | 585.3 | 600.9 | 444.5 | 93.2 | 65.0 | 66.3 | 45.3 | 42.6 | 27.5 | 63.8 | 55.7 | 38.3 | 32.5 | 23.1 | 27.9 | 14.5 | 42.3 |
| Total Liabilities | 8,352.4 | 7,535.2 | 7,038.4 | 6,447.6 | 5,764.8 | 5,125.3 | 3,722.1 | 1,523.4 | 1,450.1 | 1,221.7 | 497.4 | 465.9 | 307.9 | 247.3 | 231.1 | 157.2 | 177.3 | 164.3 | 144.6 | 119.2 | 100.8 | 90.6 | 72.5 | 93.6 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 7.1 | 7.1 | 7.1 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 0.6 | 0.3 | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 7,519.1 | 6,910.7 | 6,282.0 | 5,624.4 | 4,945.2 | 4,187.1 | 3,612.8 | 3,213.9 | 2,828.6 | 2,540.4 | 807.1 | 645.7 | 292.7 | 228.6 | 176.5 | 137.7 | 112.0 | 95.6 | 77.7 | 62.9 | 51.2 | 38.2 | 26.1 | 22.3 |
| Accumulated Other Comprehensive Income | 0 | 1.2 | 6.8 | 11.3 | 1.3 | (3.2) | 0.2 | 3.8 | 3.4 | 1.4 | 0 | 0 | 0 | 0 | (1.0) | (1.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 2,581.3 | 2,270.3 | 2,149.8 | 2,042.4 | 2,002.7 | 1,923.8 | 1,567.1 | 1,561.8 | 1,418.7 | 1,453.2 | 779.2 | 610.1 | 370.6 | 291.0 | 227.8 | 181.3 | 155.0 | 138.3 | 120 | 104.9 | 94.8 | 83.5 | 73.7 | 23.2 |
| Total Liabilities & Equity | 10,933.7 | 9,805.5 | 9,188.2 | 8,490.0 | 7,767.5 | 7,049.1 | 5,289.3 | 3,085.3 | 2,868.8 | 2,674.9 | 1,276.6 | 1,076.0 | 678.5 | 538.3 | 458.9 | 338.5 | 332.3 | 302.6 | 264.6 | 224.1 | 195.6 | 174.1 | 146.2 | 116.8 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 5,942.9 | 5,424.4 | 5,036.0 | 4,270.2 | 3,919.3 | 3,541.6 | 2,709.2 | 440.3 | 462.2 | 301.1 | 1.8 | 2.3 | 35.6 | 21.5 | 41.6 | 25.6 | 66.4 | 58 | 40.9 | 32.6 | 22.9 | 27.4 | 13.8 | 44.4 |
| Net Debt | 5,748.8 | 5,173.0 | 4,638.9 | 4,067.7 | 3,041.3 | 2,199.8 | 2,624.9 | 354.0 | 353.1 | 247.1 | (171.1) | (34.6) | 6.7 | 1.6 | 27.8 | 16.7 | 57.2 | 51 | 22.7 | 24.1 | 10 | 22.3 | (0.2) | 40.9 |
| 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 | 1,096.1 | 1,101.2 | 1,107.2 | 1,088.7 | 997.1 | 749.0 | 562.4 | 532.4 | 422.6 | 437.1 | 85.7 | 64.1 | 56.5 | 38.8 | 25.8 | 16.4 | 17.9 | 14.8 | 11.8 | 13.2 | 12.5 | 11.3 | 6.9 |
| Depreciation & Amortization | 494.0 | 447.2 | 393.0 | 343.1 | 270.2 | 217.1 | 196.0 | 177.4 | 165.8 | 143.0 | 34.0 | 27.2 | 19.8 | 16.5 | 11.3 | 9.9 | 7.3 | 5.3 | 4.5 | 3.4 | 2.5 | 1.8 | 1.7 |
| Stock-Based Compensation | 57.1 | 48.4 | 57.0 | 53.8 | 47.6 | 37.3 | 31.1 | 28.9 | 29.2 | 23.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 19.9 | (90.8) | (181.4) | (182.5) | (209.4) | 350.0 | 15.8 | (55.6) | (13.4) | 36.5 | (27.7) | (23.7) | (25.1) | (6.6) | 17.7 | (12.6) | (32.6) | (4.2) | (20.8) | 6.4 | (27.1) | (5.2) | (7.1) |
| Other Non-Cash Items | (93.1) | (62.5) | (48.0) | 2.2 | 4.0 | 72.9 | (0.3) | (0.6) | 0.5 | 0.6 | 10.7 | 16.6 | 6.8 | 3.9 | (2.2) | (0.2) | (0.1) | 1.4 | (0.5) | (1.5) | 1.1 | (0.3) | 0 |
| Operating Cash Flow | 1,635.3 | 1,420.8 | 1,334.0 | 1,357.0 | 1,138.7 | 1,394.5 | 811.7 | 694.4 | 631.5 | 639.0 | 99.2 | 77.1 | 62.0 | 46.7 | 46.8 | 10.2 | (7.7) | 15.5 | (5.1) | 21.2 | (11.3) | 7.8 | 1 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (894.8) | (784.0) | (753.9) | (773.4) | (628.4) | (294.0) | (217.4) | (278.5) | (250.4) | (226.0) | (77.5) | (91.3) | (48.1) | (66.5) | (13.6) | (17.4) | (20.4) | (14.5) | (9.1) | (9.6) | (10.1) | (6.7) | (3.5) |
| Acquisitions | (139.9) | 0 | 14.3 | (321.4) | 0 | 0 | 0 | 0 | 1.2 | (143.6) | (17.6) | 0 | 0 | 0 | 0 | 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 |
| Sales/Maturities 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 |
| Other Investing Activities | 256.1 | 140.1 | 86.5 | 1.0 | 1.1 | 1.8 | 2.5 | 2.2 | 11.2 | 0.4 | 4.4 | 4.0 | 6.5 | 3.9 | 2.9 | 0.6 | 0.8 | 0.2 | 1.6 | 2.8 | 1.6 | 0.9 | 3.1 |
| Investing Cash Flow | (778.6) | (643.9) | (653.1) | (1,093.7) | (627.3) | (292.2) | (215.0) | (276.3) | (238.0) | (369.3) | (90.7) | (87.3) | (41.6) | (62.6) | (10.7) | (16.7) | (19.6) | (14.3) | (7.5) | (6.8) | (8.5) | (5.8) | (0.4) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | (72.8) | 95.2 | 567.2 | 173.9 | (4.6) | 598.3 | (15.0) | (22.0) | 150.1 | 123.8 | (25.2) | 12.4 | (20.0) | 16.0 | (38.2) | 8.4 | 15.5 | 8.3 | 9.7 | (4.6) | 13.8 | (30.7) | (1.6) |
| Stock Repurchased | (361.3) | (584.6) | (618.6) | (728.7) | (813.8) | (350.8) | (537.1) | (351.1) | (370.2) | (332.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.8) | (1.8) | (2.4) | 0 | 0 |
| Dividends Paid | (487.7) | (472.5) | (449.6) | (409.6) | (239.0) | (174.7) | (162.7) | (147.1) | (133.8) | (122.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.2) | (0.4) | (0.5) | (0.5) |
| Other Financing Activities | (15.9) | 0 | (9.7) | 0 | 0 | (17.0) | 0 | (0.3) | (0.6) | (1.4) | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | (0.1) | 0.2 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | (914.1) | (922.5) | (486.4) | (938.8) | (975.1) | 155.2 | (598.8) | (440.9) | (338.3) | (279.7) | (16.2) | 19.2 | (14.3) | 20.8 | (36.3) | 8.7 | 16.1 | 8.5 | 8.2 | (6.6) | 11 | 8.6 | (2.1) |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | (57.4) | (145.6) | 194.6 | (675.5) | (463.7) | 1,257.5 | (2.1) | (22.8) | 55.2 | (9.9) | (7.7) | 9.0 | 6.2 | 4.8 | (0.2) | 2.2 | (11.2) | 9.7 | (4.4) | 7.8 | (8.8) | 10.6 | (1.5) |
| Cash at Beginning | 251.5 | 397.1 | 202.5 | 878.0 | 1,341.8 | 84.2 | 86.3 | 109.1 | 53.9 | 63.8 | 28.9 | 20.0 | 13.8 | 8.9 | 9.1 | 7.0 | 18.2 | 8.5 | 12.9 | 5.1 | 14 | 3.5 | 5 |
| Cash at End | 194.1 | 251.5 | 397.1 | 202.5 | 878.0 | 1,341.8 | 84.2 | 86.3 | 109.1 | 53.9 | 21.2 | 28.9 | 20.0 | 13.8 | 8.9 | 9.1 | 7 | 18.2 | 8.5 | 12.9 | 5.2 | 14.1 | 3.5 |
| Free Cash Flow | 740.5 | 636.8 | 580.1 | 583.6 | 510.3 | 1,100.5 | 594.3 | 415.9 | 381.0 | 413.0 | 21.7 | (14.2) | 13.9 | (19.9) | 33.2 | (7.2) | (28.1) | 1 | (14.2) | 11.6 | (21.4) | 1.1 | (2.5) |
| 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 | 15,524.0 | 14,883.2 | 14,555.7 | 14,204.7 | 12,731.1 | 10,620.4 | 8,351.9 | 7,911.0 | 7,256.4 | 6,779.6 | 6,226.5 | 5,711.7 | 5,164.8 | 4,664.1 | 4,232.7 | 3,638.3 | 3,206.9 | 3,007.9 | 2,703.2 | 2,369.6 | 2,068.0 | 1,738.8 | 1,472.9 | 1,210.0 | 849.8 | 759.0 | 688.1 | 600.7 | 509.1 | 449 | 383.9 | 330 | 279.2 |
| Gross Profit | 5,160.5 | 5,396.6 | 5,228.2 | 4,972.2 | 4,477.2 | 3,761.5 | 2,871.8 | 2,702.5 | 2,492.0 | 2,325.2 | 2,143.2 | 1,950.4 | 1,753.6 | 1,566.1 | 1,406.9 | 1,203.7 | 1,035.0 | 912.3 | 852.7 | 751.4 | 639.6 | 524.7 | 448.9 | 342.2 | 228.3 | 200.4 | 181.3 | 154.7 | 131.6 | 116.6 | 98.7 | 88.2 | 71.7 |
| Operating Income | 1,467.4 | 1,467.5 | 1,478.9 | 1,434.9 | 1,306.7 | 996.9 | 743.2 | 701.7 | 686.4 | 694.1 | 650.5 | 589.5 | 514.6 | 436.8 | 352.7 | 266.2 | 184.6 | 135.6 | 160.0 | 148.0 | 136.4 | 101.5 | 96.9 | 65.4 | 38.8 | 34.0 | 34.3 | 28.7 | 22.4 | 24.4 | 22.6 | 20.6 | 15.2 |
| Net Income | 1,096.1 | 1,101.2 | 1,107.2 | 1,088.7 | 997.1 | 749.0 | 562.4 | 532.4 | 422.6 | 437.1 | 410.4 | 370.9 | 328.2 | 276.5 | 222.7 | 168.0 | 115.5 | 81.9 | 96.2 | 91.0 | 85.7 | 64.1 | 56.5 | 38.8 | 25.8 | 16.4 | 17.9 | 14.8 | 11.8 | 13.2 | 12.5 | 11.3 | 6.9 |
| EPS (Diluted) | 2.06 | 2.04 | 2.02 | 1.94 | 1.72 | 1.28 | 0.93 | 0.86 | 0.66 | 0.65 | 0.60 | 0.53 | 0.46 | 0.38 | 0.30 | 0.23 | 0.16 | 0.11 | 0.12 | 0.11 | 0.10 | 0.08 | 0.07 | 0.02 | 0.04 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 194.1 | 251.5 | 397.1 | 202.5 | 878.0 | 1,341.8 | 84.2 | 86.3 | 109.1 | 53.9 | 172.9 | 37.0 | 28.9 | 20.0 | 13.8 | 8.9 | 9.1 | 7 | 18.2 | 8.5 | 12.9 | 5.1 | 14 | 3.5 | |||||||||
| Total Assets | 10,933.7 | 9,805.5 | 9,188.2 | 8,490.0 | 7,767.5 | 7,049.1 | 5,289.3 | 3,085.3 | 2,868.8 | 2,674.9 | 1,276.6 | 1,076.0 | 678.5 | 538.3 | 458.9 | 338.5 | 332.3 | 302.6 | 264.6 | 224.1 | 195.6 | 174.1 | 146.2 | 116.8 | |||||||||
| Total Debt | 5,942.9 | 5,424.4 | 5,036.0 | 4,270.2 | 3,919.3 | 3,541.6 | 2,709.2 | 440.3 | 462.2 | 301.1 | 1.8 | 2.3 | 35.6 | 21.5 | 41.6 | 25.6 | 66.4 | 58 | 40.9 | 32.6 | 22.9 | 27.4 | 13.8 | 44.4 | |||||||||
| Stockholders' Equity | 2,581.3 | 2,270.3 | 2,149.8 | 2,042.4 | 2,002.7 | 1,923.8 | 1,567.1 | 1,561.8 | 1,418.7 | 1,453.2 | 779.2 | 610.1 | 370.6 | 291.0 | 227.8 | 181.3 | 155.0 | 138.3 | 120 | 104.9 | 94.8 | 83.5 | 73.7 | 23.2 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | 1,635.3 | 1,420.8 | 1,334.0 | 1,357.0 | 1,138.7 | 1,394.5 | 811.7 | 694.4 | 631.5 | 639.0 | 99.2 | 77.1 | 62.0 | 46.7 | 46.8 | 10.2 | (7.7) | 15.5 | (5.1) | 21.2 | (11.3) | 7.8 | 1 | ||||||||||
| Capital Expenditure | (894.8) | (784.0) | (753.9) | (773.4) | (628.4) | (294.0) | (217.4) | (278.5) | (250.4) | (226.0) | (77.5) | (91.3) | (48.1) | (66.5) | (13.6) | (17.4) | (20.4) | (14.5) | (9.1) | (9.6) | (10.1) | (6.7) | (3.5) | ||||||||||
| Free Cash Flow | 740.5 | 636.8 | 580.1 | 583.6 | 510.3 | 1,100.5 | 594.3 | 415.9 | 381.0 | 413.0 | 21.7 | (14.2) | 13.9 | (19.9) | 33.2 | (7.2) | (28.1) | 1 | (14.2) | 11.6 | (21.4) | 1.1 | (2.5) | ||||||||||