Valero Energy Corporation logo VLO - Valero Energy Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 1
BUY 21
HOLD 14
SELL 1
STRONG
SELL 0
| PRICE TARGET: $286.44 DETAILS
HIGH: $357.00
LOW: $203.00
MEDIAN: $280.00
CONSENSUS: $286.44
DOWNSIDE: 8.49%
Annual Quarterly
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 1992 1991 1990 1989 1988 1987 1986
Revenue
Revenue 122,687 129,881 144,766 176,383 113,977 64,912 108,324 117,033 93,980 75,659 87,804 130,844 138,074 139,250 125,987 82,233 68,144 119,114 95,327 91,832.2 82,161.2 54,617.9 37,968.6 26,976.2 14,988.3 14,671.1 7,961.2 5,539.3 5,756.2 4,990.7 3,019.8 1,837.4 1,222.2 1,234.6 1,011.8 1,168.9 941.3 770.6 628.5 1,880.1
Cost of Revenue 117,318 125,121 131,877 159,632 110,895 65,700 103,599 111,491 89,485 71,316 80,736 124,218 133,353 133,528 121,736 74,458 65,270 111,984 85,661 81,267 74,599 49,937.5 35,243.1 25,126.6 13,684.0 13,756.5 7,684.6 5,442.4 5,426.4 4,569.7 2,617.6 1,609.1 1,067.2 1,052.4 740.6 885 837.2 698.2 652.5 1,652.1
Gross Profit 5,369 4,760 12,889 16,751 3,082 (788) 4,725 5,542 4,495 4,343 7,068 6,626 4,721 5,722 4,251 7,775 2,874 7,130 9,666 10,565.2 7,562.2 4,680.4 2,725.5 1,849.6 1,304.3 914.5 276.6 96.9 329.8 421 402.2 228.3 155 182.2 271.2 283.9 104.1 72.4 (24) 228
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 1,042 961 998 934 865 756 868 925 835 715 710 724 758 698 571 531 1,274 1,327 1,388 1,401 1,229 1,083.5 993 929.4 165.2 130.5 68.5 69.5 53.6 81.7 78.1 0 0 0 115.3 113.9 0 0 0 127.8
Other Expenses 15 44 33 127 87 35 21 130 76 0 0 0 0 0 0 5,368 2,037 3,228 2,305 2,384 1,697 1,056.7 962.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 1,057 1,005 1,031 1,061 952 791 889 970 896 715 710 724 758 698 571 5,897 2,702 6,567 2,748 2,555.2 2,103.2 1,701.2 1,503.5 1,378.7 303.0 303.6 207.5 148.2 118.8 220.1 213.4 102.4 79.5 48.2 151.9 149.5 34.4 33.7 33.3 285.9
Operating Income
Operating Income 4,312 3,755 11,858 15,690 2,130 (1,579) 3,836 4,572 3,599 3,572 6,358 5,902 3,963 4,010 3,680 1,876 (58) 563 6,918 8,010 5,459 2,979.2 1,222 470.9 1,001.3 611.0 69.1 (51.3) 211 200.9 188.8 125.9 75.5 134 119.3 134.4 69.7 38.7 (57.3) (57.9)
Interest Expense 556 556 592 562 603 563 454 470 468 446 433 397 365 313 401 484 408 347 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 0 293 0 0 0 0 0 0 0 0 0 0 0 0 0 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 6,719 7,028 14,659 18,342 4,551 904 6,138 6,669 5,589 5,515 8,200 7,592 5,707 6,628 5,257 3,387 1,627 2,152 8,294 8,877 6,143 3,588.2 1,732.5 920.2 1,253.7 784.0 208.1 27.4 276.2 144.9 180.9 228.3 155 182.2 155.9 170 104.1 72.4 (24) 100.2
EBIT 3,561 4,254 11,958 15,869 2,146 (1,447) 3,883 4,600 3,603 3,621 6,358 5,902 4,341 5,054 3,723 1,982 (41) 874 6,918 7,722 5,268 2,979 1,222 470.9 1,001.3 611.0 69.1 (51.3) 211 89.9 123.7 125.9 75.5 134 119.3 134.4 69.7 38.7 (57.3) (57.9)
Income Before Tax 3,005 3,698 11,768 15,307 1,543 (2,010) 3,486 4,232 3,207 3,182 5,971 5,552 3,982 3,706 3,322 1,498 (449) 336 6,726 8,189 5,287 2,710.1 986.6 149.7 894.9 528.2 20.2 (83.1) 175.6 113.7 95.1 42.8 68.2 131.4 146.4 145.6 59.3 34.4 23.3 (181.8)
Income Tax Expense 759 692 2,619 3,428 255 (903) 702 879 (949) 765 1,870 1,777 1,254 1,626 1,226 575 (97) 1,467 2,161 2,726 1,697 906.3 365.1 58.2 331.3 189.1 5.9 (35.8) 63.8 41 35.3 15.9 31.8 47.5 47.7 50.9 17.8 3.8 (8.6) (81.9)
Net Income 2,348 2,770 8,835 11,528 930 (1,426) 2,422 3,122 4,065 2,289 3,990 3,630 2,720 2,083 2,090 324 (1,982) (1,131) 5,234 5,462.2 3,589.2 1,803.1 621.5 91.5 563.6 339.1 14.3 (47.3) 96.1 72.7 59.8 26.9 36.4 83.9 98.7 94.7 41.5 30.6 17.6 (99.9)
Per Share Data
EPS (Basic) 7.57 8.58 24.95 29.08 2.27 -3.50 5.85 7.33 9.17 4.94 8.00 6.88 4.99 3.77 3.69 0.57 -3.66 -2.16 9.27 8.94 6.51 3.51 1.34 0.21 2.32 1.45 0.06 -0.21 0.44 0.35 0.34 0.17 0.21 0.49 0.57 0.58 0.25 0.21 0.12 -0.70
EPS (Diluted) 7.57 8.58 24.95 29.00 2.27 -3.50 5.85 7.29 9.16 4.94 7.99 6.85 4.97 3.75 3.68 0.57 -3.66 -2.16 8.88 8.64 6.10 3.27 1.27 0.21 2.21 1.40 0.06 -0.21 0.44 0.41 0.34 0.17 0.21 0.49 0.57 0.58 0.24 0.14 0.06 -1.00
Shares Outstanding 309 322 353 395 407 407 413 426 442 461 497 526 542 550 563 563 541 524 565 611 549 510 459 422.4 242.8 234.1 224.3 224.3 206.8 176.5 175.4 160 171.2 169.9 162.6 151.7 115.1 143.6 143.6 143.6
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 1992 1991 1990 1989 1988 1987 1986
Current Assets
Cash & Cash Equivalents 4,688 4,657 5,424 4,862 4,122 3,313 2,583 2,982 5,850 4,816 4,114 3,689 4,292 1,723 1,024 3,334 825 940 2,464 1,590 436 863.6 369.2 378.9 269.4 14.6 60.1 11.2 9.9 19.8 28.1 26.2 7.3 8.2 13.9 51.7 15.1 20.9 23.3 19.6
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
Net Receivables 9,877 10,708 12,525 11,919 10,378 6,109 8,904 7,345 6,922 5,901 4,682 5,976 8,823 8,336 8,918 4,926 4,661 2,897 7,691 4,416 3,564 1,838.7 1,327.7 1,558.2 947.5 585.9 372.5 283.5 366.3 162.5 339.2 232.3 64.5 99.8 56.3 69.9 81.5 47.2 46.9 178.3
Inventory 7,591 7,761 7,583 6,752 6,265 6,038 7,013 6,532 6,384 5,709 5,898 6,623 5,758 5,973 5,623 4,947 4,863 4,637 4,184 4,430 4,039 2,317.8 1,913.1 1,436.1 1,453.1 539.9 303.4 316.4 369.4 212.1 140.8 182.1 113.4 146.4 184.9 169.5 126.6 84.1 89.2 95.1
Other Current Assets 1,054 611 689 600 0 0 0 0 0 0 0 162 266 274 283 190 469 248 278 1,701 172 199 162.4 125.6 1,380.2 144.7 92.8 28.6 43.4 9.6 113.4 92.3 50.3 50.4 33.2 23.9 23.9 13.4 9.1 19.1
Total Current Assets 23,210 23,737 26,221 24,133 21,165 15,844 18,969 17,675 19,312 16,800 14,805 16,614 19,277 16,460 15,972 13,518 10,923 9,450 14,792 10,760 8,276 5,264.4 3,817.3 3,536.4 4,113.1 1,285.1 828.9 639.7 789 888.2 621.5 532.9 235.5 304.8 288.3 315 247.1 165.6 168.5 312.1
Non-Current Assets
Property, Plant & Equipment 28,689 30,412 31,345 32,092 32,131 31,593 30,593 28,848 27,480 26,472 26,703 26,735 25,707 26,300 25,177 22,669 23,012 23,213 21,709 21,098 17,856 10,317.4 8,195.1 7,412 7,260.5 2,676.7 1,984.5 1,959.3 1,592.5 2,093.9 2,075.4 2,141.2 1,293.6 1,232.1 998.2 806 706.3 704 725 1,336.7
Goodwill 260 260 260 260 260 260 260 260 0 0 0 0 0 0 0 0 0 0 4,061 4,211 4,926 2,401.2 0 0 2,210.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 123 151 183 202 218 248 283 307 142 148 156 154 156 213 227 224 227 224 290 303 298 310.7 2,721.9 2,921.1 366.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 684 695 713 724 734 972 942 542 530 201 201 78 (266) (274) (283) (190) 1,215 (98) 0 (143) (142) (175.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 5,022 4,888 4,334 3,571 3,380 2,857 2,817 2,523 2,694 2,552 2,269 1,969 2,120 1,504 1,407 1,210 2,808 3,322 1,870 1,336 1,372 1,099 929.9 595.7 502.3 346.0 165.9 126.7 111.5 405 179.8 157.3 235.3 222.2 194.4 133 64.2 56.9 71.2 48.5
Total Non-Current Assets 34,778 36,406 36,835 36,849 36,723 35,930 34,895 32,480 30,846 29,373 29,371 28,936 27,983 28,017 26,811 24,103 24,706 24,967 27,930 26,993 24,452 14,127.2 11,846.9 10,928.8 10,264.0 3,022.6 2,150.4 2,086 1,704 2,261.4 2,255.2 2,298.5 1,528.9 1,454.3 1,192.6 939 770.5 760.9 796.2 1,385.2
Total Assets 57,988 60,143 63,056 60,982 57,888 51,774 53,864 50,155 50,158 46,173 44,343 45,550 47,260 44,477 42,783 37,621 35,629 34,417 42,722 37,753 32,728 19,391.6 15,664.2 14,465.2 14,377.1 4,307.7 2,979.3 2,725.7 2,493 3,149.6 2,876.7 2,831.4 1,764.4 1,759.1 1,480.9 1,254 1,017.6 926.5 964.7 1,697.3
Current Liabilities
Account Payables 10,139 12,092 12,567 12,728 12,495 6,082 10,205 8,594 8,348 6,357 4,907 6,760 9,931 9,348 9,472 6,441 5,760 4,446 9,596 6,841 5,563 2,963 2,288.2 1,825 1,390.2 806.9 616.9 283.2 414.3 191.6 312.7 341.7 91 113.5 132.9 117 80.5 0 0 0
Short-Term Debt 949 743 1,406 1,109 1,264 723 494 238 122 115 127 606 303 586 1,009 822 237 312 392 476 222 411.6 0 476.7 505.7 27 0 160 122 154.3 82 62.2 28.7 23 1.8 1.6 21.5 12.9 0.3 81.7
Deferred Revenue 60 82 40 129 78 55 55 31 0 0 0 0 0 0 0 0 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 81 118 78 56 76 104 95 106 215 275 75 470 321 456 356 257 286 612 1,424 1,037 1,009 640 420.5 410.8 2,436.1 205.1 102.1 54.5 61 25.2 73.6 56.9 33.3 38 33 30.8 19.7 64.1 98 241.3
Total Current Liabilities 14,109 15,495 16,802 17,461 16,851 9,283 13,160 10,724 11,071 8,328 7,193 9,980 13,123 11,929 12,708 8,784 7,798 6,209 11,914 8,822 7,305 4,533.5 3,064.3 3,006.7 4,730.2 1,039.0 719 497.7 597.3 875.2 468.3 460.8 153 174.5 167.7 149.4 121.7 77 98.3 323
Non-Current Liabilities
Long-Term Debt 9,670 9,720 10,118 10,526 12,606 13,954 9,178 8,871 8,750 7,886 7,208 5,780 6,261 6,463 6,732 0 0 6,264 6,470 4,619 5,109 3,901 4,239.1 4,494.1 2,517.4 1,042.4 785.5 822.3 430.2 353.3 1,035.6 1,021.8 485.6 482.4 379.9 247.4 221.9 186 213.9 825
Deferred Tax Liabilities 5,146 5,267 5,349 5,217 5,210 5,275 5,103 4,962 4,708 7,361 7,060 6,607 6,601 5,860 5,017 4,530 4,006 3,829 4,021 4,047 3,615 2,011 1,604.6 1,301 1,388.1 406.6 275.5 210.4 256.9 224.5 276 264.2 232.6 226.2 186 141.4 96.3 79.6 76.3 110.8
Other Non-Current Liabilities 1,793 1,441 1,510 1,534 2,464 2,735 2,928 2,867 2,729 1,744 1,611 1,939 1,329 2,130 (4,851) 1,767 1,869 (3,769) 1,810 1,541 1,602 1,140.1 1,015 1,239.1 1,135.3 120.1 114.5 110 49.8 30.2 56 59.4 37.1 40.2 44.7 40.5 46.8 76 83.8 61.2
Total Non-Current Liabilities 17,274 17,127 17,730 18,053 21,220 22,849 18,168 16,700 16,187 16,991 15,629 14,326 14,191 14,453 13,630 13,812 13,106 12,588 12,301 10,326 10,373 7,060.1 6,864.7 7,034.2 5,328.7 1,569.2 1,175.5 1,142.7 736.9 1,187.9 1,367.6 1,345.4 755.3 748.8 610.6 429.3 365 341.6 374 997
Total Liabilities 31,383 32,622 34,532 35,514 38,071 32,132 31,328 27,424 27,258 25,319 22,989 24,306 27,314 26,382 26,338 22,596 20,904 18,797 24,215 19,148 17,678 11,593.6 9,929 10,040.9 10,058.9 2,608.1 1,894.5 1,640.4 1,334.2 2,063.1 1,835.9 1,806.2 908.3 923.3 778.3 578.7 486.7 418.6 472.3 1,320
Stockholders' Equity
Common Stock 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 6 6 6 6 2.6 1.2 1.1 1.1 0.6 0.6 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings 47,959 47,016 45,630 38,247 28,281 28,953 31,974 31,044 29,200 26,366 25,188 22,046 18,970 17,032 15,309 13,388 13,178 15,484 16,914 11,951 6,673 3,199.6 1,482.7 913.6 864.4 321.6 (3.3) (17.6) 47.6 506.4 467.9 442.7 446.9 431.6 366.9 291 213.4 190.5 176.4 174.5
Accumulated Other Comprehensive Income (469) (1,272) (870) (1,359) (1,008) (1,254) (1,351) (1,507) (940) (1,410) (933) (367) 350 108 96 388 365 (176) 573 265 335 228.7 169.6 (1.1) 18.1 (804.4) (702.2) (612.8) (540) 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 23,725 24,512 26,346 23,561 18,430 18,801 21,803 21,667 21,991 20,024 20,527 20,677 19,460 18,032 16,423 15,025 14,725 15,620 18,507 18,605 15,050 7,798 5,735.2 4,308.3 4,202.6 1,527.1 1,084.8 1,085.3 1,158.8 1,086.5 1,040.8 1,025.2 856.1 835.8 702.6 675.3 530.9 507.9 492.4 377.3
Total Liabilities & Equity 57,988 60,143 63,056 60,982 57,888 51,774 53,864 50,155 50,158 46,173 44,343 45,550 47,260 44,477 42,783 37,621 35,629 34,417 42,722 37,753 32,728 19,391.6 15,664.2 14,465.2 14,377.1 4,307.7 2,979.3 2,725.7 2,493 3,149.6 2,876.7 2,831.4 1,764.4 1,759.1 1,480.9 1,254 1,017.6 926.5 964.7 1,697.3
Debt Metrics
Total Debt 11,703 11,540 12,637 12,722 15,125 15,847 10,962 9,109 8,872 8,001 7,335 6,386 6,564 7,049 14,473 8,337 7,400 12,840 6,862 5,175 5,378 4,320.9 4,245.1 4,970.8 3,311 1,069.4 785.5 982.3 552.2 437.1 1,117.6 1,084 514.3 505.4 381.7 249 243.4 198.9 214.2 906.7
Net Debt 7,015 6,883 7,213 7,860 11,003 12,534 8,379 6,127 3,022 3,185 3,221 2,697 2,272 5,326 13,449 5,003 6,575 11,900 4,398 3,585 4,942 3,456.9 3,875.9 4,591.9 3,041.6 1,054.8 725.4 971.1 542.3 417.3 1,089.5 1,057.8 507 497.2 367.8 197.3 228.3 178 190.9 887.1
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 1992 1991 1990 1989
Operating Activities
Net Income 2,348 2,770 9,149 11,879 1,288 (1,107) 1,330 3,122 4,065 2,289 3,990 3,711 2,728 2,080 2,089 324 (1,982) (1,131) 5,234 5,463 3,590 1,803.8 621.5 91.5 563.6 339.1 14.3 (47.3) 96.1 72.7 59.8 26.9 36.4 83.9 98.7 94.7 41.5
Depreciation & Amortization 3,158 2,774 2,701 2,473 2,405 2,351 2,255 2,069 1,986 1,894 1,842 1,690 1,720 1,574 1,534 1,473 1,527 1,476 1,376 1,155 875 618.4 510.5 449.3 252.4 173.1 139 78.7 65.2 138.4 135.3 102.4 79.5 48.2 36.6 35.6 34.4
Stock-Based Compensation 0 100 0 103 88 0 89 86 77 0 59 60 64 58 58 54 66 59 100 108 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (512) 990 (2,663) (210) 2,161 (435) (465) (1,254) 1,883 970 (1,287) (1,810) 922 (302) (116) 9 82 (1,775) (484) (407) 1,082 126.2 429.2 (261.3) (152.8) 3.5 296.3 (46.2) (8.3) (6.2) (31.6) (95.6) 39 (25.9) 6.9 16.5 (51.3)
Other Non-Cash Items 1,029 136 (61) (1,721) 43 (19) 2,088 145 14 (563) 842 145 (371) 897 12 838 2,473 3,688 (837) (297) (3) 64 57.9 (8.7) (28.3) (17.5) (5.1) 212.3 35.8 50.9 (12.4) 22.2 22.7 20.1 (4.9) 3 2.1
Operating Cash Flow 5,826 6,683 9,229 12,574 5,859 948 315 4,371 5,482 4,820 5,611 4,241 5,564 5,270 4,038 3,045 1,823 2,992 5,258 6,312 5,799 2,957.2 1,416.4 272.3 905.5 601.3 435.1 165.8 221.1 275.8 155.8 68.1 141.3 152.5 182.8 196.4 43.4
Investing Activities
Capital Expenditure (796) (907) (911) (1,681) (1,665) (1,788) (1,997) (2,072) (1,379) (1,278) (1,618) (2,153) (2,121) (2,931) (2,355) (1,730) (2,327) (2,790) (2,260) (3,187) (2,133) (1,291.5) (975.8) (811.2) (393.6) (194.9) (100.6) (500.7) (122) (128.5) (124.6) (80.7) (159.6) (282.8) (229.7) (137.8) (36.9)
Acquisitions (3) 0 0 31 261 (54) (236) (556) (406) (4) (141) 0 0 80 (2,275) 287 (585) (169) (86) 779 (2,343) (594.7) (50.6) (23.9) (1,905.4) (889.7) 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (27) (29) (276) (1) (9) (54) (164) (181) 0 0 0 0 0 0 0 220 (2,290) 25 (209) (26) 52 0 0 0 0 0 0 0 0 0 (2) (133.5) (6.2) (8.6) 0 0 0
Sales/Maturities of Investments 30 81 314 32 270 54 164 0 0 0 0 0 0 0 0 330 27 487 2,428 8 23 0 0 0 0 0 0 0 1.4 1.1 0 0 0 0 0 0 0
Other Investing Activities (1,049) (1,126) (992) (1,186) (1,016) (583) (768) 8 (597) (724) (728) (691) (691) (500) (668) (512) 1,883 (415) (455) (545) (499) (799) (304.6) 1,083.7 (1,003.0) (109.4) (71.6) (65.6) (366.1) (28.8) (22) (15.7) 31.7 (37.3) (58.1) (74.7) (18)
Investing Cash Flow (1,845) (1,981) (1,865) (2,805) (2,159) (2,425) (3,001) (3,928) (2,382) (2,006) (2,487) (2,844) (2,812) (3,351) (5,298) (1,405) (3,292) (2,862) (582) (2,971) (4,900) (2,685.2) (1,331) 248.6 (3,301.9) (1,194.0) (172.2) (566.3) (486.7) (156.2) (148.6) (229.9) (134.1) (328.7) (287.8) (212.5) (54.9)
Financing Activities
Net Debt Issuance (94) (648) (262) (2,810) (1,207) 4,075 335 8 359 678 933 (176) 531 (562) (628) 1,027 813 (374) 1,782 (303) (879) 63 (69) 1,642.3 2,750.1 279.3 (198.2) 429.4 468.2 (51.6) 30.3 64.7 10.3 124.9 133.8 6.7 30
Stock Repurchased (2,598) (2,875) (5,136) (4,577) (27) (156) (1,727) (1,708) (1,372) (1,336) (2,838) (1,296) (928) (281) (349) (13) (4) (955) (5,788) (2,020) (571) (318) (73.2) (45.5) (156.7) (64.3) (13.5) (34.5) (10.6) (5.8) (5.8) (1.2) (1.2) (1.2) (46.2) (1.2) (5.8)
Dividends Paid (1,405) (1,384) (1,452) (1,562) (1,602) (1,600) (1,492) (1,369) (1,242) (1,111) (848) (566) (462) (360) (169) (114) (324) (299) (271) (184) (106) (79.4) (50.6) (42.3) (20.7) (18.7) (17.9) 0 (5.4) (34.2) (34.6) (31.2) (21.1) (19.2) (20.4) (17.1) (18.5)
Other Financing Activities (85) (142) (91) 100 (10) (242) (113) (99) (17) (243) 208 49 696 (89) 31 (84) (6) 5 287 197 (2) 0 (492.9) (2,068.9) 0 0 (0.1) 0.1 (235.8) 0.1 3 (22.6) 0.1 0 (0.1) 0 0
Financing Cash Flow (4,182) (5,049) (6,941) (8,849) (2,846) 2,077 (2,997) (3,168) (2,272) (2,012) (2,545) (1,930) (163) (1,233) (1,066) 816 1,289 (1,607) (3,831) (2,188) (1,331) 207.3 (135.5) (412.4) 2,651.2 547.2 (214.1) 401.7 275.5 (127.8) (5.4) 180.8 (8.1) 170.5 67.1 52.8 5.7
Cash Position
Net Change in Cash 36 (595) 562 740 809 730 (399) (2,868) 1,034 702 425 (603) 2,569 699 (2,310) 2,509 (115) (1,524) 874 1,154 (428) 494.4 (9.7) 109.5 254.8 (45.5) 48.9 401.7 275.5 (127.8) (5.4) 180.8 (8.1) 170.5 67.1 52.8 5.7
Cash at Beginning 4,829 5,424 4,862 4,122 3,313 2,583 2,982 5,850 4,816 4,114 3,689 4,292 1,723 1,024 3,334 825 940 2,464 1,590 436 864 369.2 378.9 269.4 14.6 60.1 11.2 9.9 0 28.1 26.2 7.3 8.2 13.9 51.7 15.1 20.9
Cash at End 4,865 4,829 5,424 4,862 4,122 3,313 2,583 2,982 5,850 4,816 4,114 3,689 4,292 1,723 1,024 3,334 825 940 2,464 1,590 436 863.6 369.2 378.9 269.4 14.6 60.1 411.6 275.5 (99.7) 20.8 188.1 0.1 184.4 118.8 67.9 26.6
Free Cash Flow 5,030 5,776 8,318 10,893 4,194 (840) (1,682) 2,299 4,103 3,542 3,993 2,088 3,443 2,339 1,683 1,315 (504) 202 2,998 3,125 3,666 1,665.7 440.6 (538.9) 512.0 406.4 334.5 (334.9) 99.1 147.3 31.2 (12.6) (18.3) (130.3) (46.9) 58.6 6.5
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 1992 1991 1990 1989 1988 1987 1986
Income Statement
Revenue 122,687 129,881 144,766 176,383 113,977 64,912 108,324 117,033 93,980 75,659 87,804 130,844 138,074 139,250 125,987 82,233 68,144 119,114 95,327 91,832.2 82,161.2 54,617.9 37,968.6 26,976.2 14,988.3 14,671.1 7,961.2 5,539.3 5,756.2 4,990.7 3,019.8 1,837.4 1,222.2 1,234.6 1,011.8 1,168.9 941.3 770.6 628.5 1,880.1
Gross Profit 5,369 4,760 12,889 16,751 3,082 (788) 4,725 5,542 4,495 4,343 7,068 6,626 4,721 5,722 4,251 7,775 2,874 7,130 9,666 10,565.2 7,562.2 4,680.4 2,725.5 1,849.6 1,304.3 914.5 276.6 96.9 329.8 421 402.2 228.3 155 182.2 271.2 283.9 104.1 72.4 (24) 228
Operating Income 4,312 3,755 11,858 15,690 2,130 (1,579) 3,836 4,572 3,599 3,572 6,358 5,902 3,963 4,010 3,680 1,876 (58) 563 6,918 8,010 5,459 2,979.2 1,222 470.9 1,001.3 611.0 69.1 (51.3) 211 200.9 188.8 125.9 75.5 134 119.3 134.4 69.7 38.7 (57.3) (57.9)
Net Income 2,348 2,770 8,835 11,528 930 (1,426) 2,422 3,122 4,065 2,289 3,990 3,630 2,720 2,083 2,090 324 (1,982) (1,131) 5,234 5,462.2 3,589.2 1,803.1 621.5 91.5 563.6 339.1 14.3 (47.3) 96.1 72.7 59.8 26.9 36.4 83.9 98.7 94.7 41.5 30.6 17.6 (99.9)
EPS (Diluted) 7.57 8.58 24.95 29.00 2.27 -3.50 5.85 7.29 9.16 4.94 7.99 6.85 4.97 3.75 3.68 0.57 -3.66 -2.16 8.88 8.64 6.10 3.27 1.27 0.21 2.21 1.40 0.06 -0.21 0.44 0.41 0.34 0.17 0.21 0.49 0.57 0.58 0.24 0.14 0.06 -1.00
Balance Sheet
Cash & Equivalents 4,688 4,657 5,424 4,862 4,122 3,313 2,583 2,982 5,850 4,816 4,114 3,689 4,292 1,723 1,024 3,334 825 940 2,464 1,590 436 863.6 369.2 378.9 269.4 14.6 60.1 11.2 9.9 19.8 28.1 26.2 7.3 8.2 13.9 51.7 15.1 20.9 23.3 19.6
Total Assets 57,988 60,143 63,056 60,982 57,888 51,774 53,864 50,155 50,158 46,173 44,343 45,550 47,260 44,477 42,783 37,621 35,629 34,417 42,722 37,753 32,728 19,391.6 15,664.2 14,465.2 14,377.1 4,307.7 2,979.3 2,725.7 2,493 3,149.6 2,876.7 2,831.4 1,764.4 1,759.1 1,480.9 1,254 1,017.6 926.5 964.7 1,697.3
Total Debt 11,703 11,540 12,637 12,722 15,125 15,847 10,962 9,109 8,872 8,001 7,335 6,386 6,564 7,049 14,473 8,337 7,400 12,840 6,862 5,175 5,378 4,320.9 4,245.1 4,970.8 3,311 1,069.4 785.5 982.3 552.2 437.1 1,117.6 1,084 514.3 505.4 381.7 249 243.4 198.9 214.2 906.7
Stockholders' Equity 23,725 24,512 26,346 23,561 18,430 18,801 21,803 21,667 21,991 20,024 20,527 20,677 19,460 18,032 16,423 15,025 14,725 15,620 18,507 18,605 15,050 7,798 5,735.2 4,308.3 4,202.6 1,527.1 1,084.8 1,085.3 1,158.8 1,086.5 1,040.8 1,025.2 856.1 835.8 702.6 675.3 530.9 507.9 492.4 377.3
Cash Flow
Operating Cash Flow 5,826 6,683 9,229 12,574 5,859 948 315 4,371 5,482 4,820 5,611 4,241 5,564 5,270 4,038 3,045 1,823 2,992 5,258 6,312 5,799 2,957.2 1,416.4 272.3 905.5 601.3 435.1 165.8 221.1 275.8 155.8 68.1 141.3 152.5 182.8 196.4 43.4
Capital Expenditure (796) (907) (911) (1,681) (1,665) (1,788) (1,997) (2,072) (1,379) (1,278) (1,618) (2,153) (2,121) (2,931) (2,355) (1,730) (2,327) (2,790) (2,260) (3,187) (2,133) (1,291.5) (975.8) (811.2) (393.6) (194.9) (100.6) (500.7) (122) (128.5) (124.6) (80.7) (159.6) (282.8) (229.7) (137.8) (36.9)
Free Cash Flow 5,030 5,776 8,318 10,893 4,194 (840) (1,682) 2,299 4,103 3,542 3,993 2,088 3,443 2,339 1,683 1,315 (504) 202 2,998 3,125 3,666 1,665.7 440.6 (538.9) 512.0 406.4 334.5 (334.9) 99.1 147.3 31.2 (12.6) (18.3) (130.3) (46.9) 58.6 6.5