Verizon Communications Inc. logo VZ - Verizon Communications Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 1
BUY 22
HOLD 34
SELL 3
STRONG
SELL 0
| PRICE TARGET: $51.56 DETAILS
HIGH: $58.00
LOW: $44.00
MEDIAN: $52.00
CONSENSUS: $51.56
UPSIDE: 13.67%
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 138,191 134,788 133,974 136,835 133,613 128,292 131,868 130,863 126,034 125,980 131,620 127,079 120,550 115,846 110,875 106,565 107,808 97,354 93,469 88,182 69,518 65,751 67,468 67,056 66,713 64,707 58,194 31,566 30,194 29,155.2 27,926.8 13,791.4 12,990.2 12,647 12,279.7 12,298 11,448.6 10,880.1 10,298.4 9,920.8
Cost of Revenue 75,114 71,989 72,511 76,232 72,507 67,921 71,408 72,608 68,510 67,352 68,574 66,464 61,493 62,695 62,371 58,311 58,837 53,467 51,892 49,514 37,815 37,078 21,701 19,866 20,538 39,481 33,730 9,803 8,444.2 7,594.4 6,874.8 4,001.6 4,027.6 3,941.5 3,936.6 3,761.1 3,739.1 6,281.6 5,835.4 5,530.3
Gross Profit 63,077 62,799 61,463 60,603 61,106 60,371 60,460 58,255 57,524 58,628 63,046 60,615 59,057 53,151 48,504 48,254 48,971 43,887 41,577 38,630 31,703 34,205 45,767 47,190 46,175 25,226 24,464 21,763 21,749.8 21,560.8 21,052 9,789.8 8,962.6 8,705.5 8,343.1 8,536.9 7,709.5 4,598.5 4,463 4,390.5
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 0 0 0 0 0 0 0
SG&A Expenses 33,818 32,195 32,632 30,136 29,141 30,504 29,431 28,248 31,005 32,718 30,240 41,723 27,367 32,145 29,670 29,281 29,491 25,776 24,865 24,416 19,341 21,179 24,894 21,778 20,829 0 8,241 9,266 9,047.2 8,703.9 8,811.3 4,333.1 3,619.9 3,781.9 3,519 3,550.1 3,276.8 0 0 0
Other 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
Operating Expenses 33,818 32,195 32,632 30,136 29,141 30,504 29,431 28,248 31,005 32,718 30,240 41,723 27,367 32,145 29,670 29,281 29,491 25,776 24,865 24,416 19,341 21,179 38,501 35,060 34,352 12,261 9,890 15,136 16,408.2 15,482.2 15,634.6 6,985.2 6,165 6,199.3 5,817.7 5,927.3 5,696.7 2,354 2,116.9 1,926.6
Operating Income
Operating Income 29,259 30,604 28,831 30,467 31,965 29,867 31,029 30,007 26,519 25,910 32,806 18,892 31,690 21,006 18,834 18,973 19,480 18,111 16,712 14,214 12,362 13,026 7,407 14,877 11,473 12,965 14,574 6,627 5,341.6 6,078.6 5,417.4 2,804.6 2,797.6 2,506.2 2,525.4 2,609.6 2,012.8 2,244.5 2,346.1 2,463.9
Interest Expense 6,694 6,653 5,525 3,582 3,498 4,274 4,730 4,833 4,733 4,376 4,920 4,915 2,667 2,571 2,827 2,523 3,102 1,819 1,829 2,349 2,129 2,384 2,797 3,130 3,276 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 329 336 354 146 48 65 121 94 82 59 115 108 64 57 68 92 75 362 168 201 103 97 95 187 393 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 47,715 47,524 40,136 48,952 49,124 44,961 44,145 41,859 42,281 41,290 49,177 36,718 48,550 28,928 29,806 31,510 30,885 32,298 30,751 29,086 27,193 28,815 22,660 23,946 20,155 25,226 24,464 16,272 11,095.7 11,357 10,651.4 5,456.7 5,342.7 4,923.6 4,824.1 4,986.8 4,432.7 4,598.5 4,463 4,390.5
EBIT 29,366 29,632 22,512 31,853 32,918 28,241 27,463 24,456 25,327 25,362 33,160 20,185 31,944 12,468 13,310 15,207 14,670 17,733 16,374 14,541 13,578 14,905 9,053 10,664 6,632 12,965 14,574 6,627 5,341.6 6,078.6 5,417.4 2,804.6 2,797.6 2,506.2 2,525.4 2,609.6 2,012.8 2,244.5 2,346.1 2,463.9
Income Before Tax 22,672 22,979 16,987 28,271 29,420 23,967 22,733 19,623 20,594 20,986 28,240 15,270 29,277 9,897 10,483 12,684 13,520 1,643 14,545 12,192 11,449 10,306 6,256 7,534 3,356 17,819 13,168 4,999 3,984.1 4,911.2 4,535 2,286.8 2,273.6 2,025.7 1,996.4 1,982.1 1,545.5 1,846.8 1,954.4 2,071.6
Income Tax Expense 5,064 5,030 4,892 6,523 6,802 5,619 2,945 3,584 (9,956) 7,378 9,865 3,314 5,730 (660) 285 2,467 1,210 3,331 3,982 2,674 3,210 2,851 1,252 1,618 2,176 7,009 2,557 2,008.1 1,529.2 1,011.2 1,147.6 884.9 792 643.5 664.8 669.6 471 530 714 904.5
Net Income 17,174 17,506 11,614 21,256 22,065 17,801 19,265 15,528 30,101 13,127 17,879 9,625 11,497 875 2,404 2,549 3,651 6,428 5,521 6,197 7,397 7,831 3,077 4,079 389 11,797 4,202 2,965 2,454.9 1,739.4 1,858.3 (754.8) 1,403.4 1,340.6 1,331.6 1,312.5 1,074.5 1,316.8 1,240.4 1,167.1
Per Share Data
EPS (Basic) 4.06 4.15 2.76 5.06 5.32 4.30 4.66 3.76 7.37 3.22 4.38 2.42 4.01 0.31 0.85 0.90 1.29 2.26 1.91 2.13 2.67 2.83 1.12 1.49 0.14 4.34 1.53 1.89 1.58 1.86 2.13 -0.86 -0.42 1.57 1.71 1.69 1.36 1.67 1.56 1.47
EPS (Diluted) 4.06 4.15 2.75 5.06 5.32 4.30 4.65 3.76 7.36 3.21 4.37 2.42 4.00 0.31 0.85 0.90 1.29 2.26 1.90 2.12 2.65 2.79 1.12 1.49 0.14 4.31 1.51 1.86 1.57 1.84 2.13 -0.86 -0.42 1.57 1.71 1.69 1.36 1.67 1.56 1.47
Shares Outstanding 4,226 4,218 4,211 4,202 4,148 4,140 4,138 4,128 4,084 4,080 4,085 3,974 2,866 2,853 2,833 2,830 2,841 2,849 2,898 2,912 2,766 2,770 2,756 2,729 2,710 2,715.9 2,739 1,553 1,553.7 934.3 872.9 876.8 868.6 853.9 778.7 776.6 790.1 788.5 795.1 793.9
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 19,048 4,194 2,065 2,605 2,921 22,171 2,594 2,745 2,079 2,880 4,470 10,598 53,528 3,093 13,362 6,668 2,009 9,782 1,153 3,219 760 2,290 669 1,422 979 757 2,033 237 322.8 249.4 356.8 142.9 146.1 296 130.6 94.7 164.2 301.6 228.7 213.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 350 555 601 470 592 545 490 509 2,244 2,434 2,146 2,257 2,172 2,042 1,991 1,613 1,035 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 28,347 26,109 25,085 24,506 23,846 23,917 25,429 25,102 23,493 17,513 13,457 13,993 12,439 12,576 11,776 11,781 12,573 11,703 11,736 10,891 8,534 9,801 9,854 12,496 14,254 14,010 11,998 6,560 6,340.8 6,168.9 2,386 2,328.1 2,762.3 2,628.8 2,587.6 2,685.2 2,401.3 2,122.5 1,677.5 1,795.3
Inventory 2,441 2,247 2,057 2,388 3,055 1,796 1,422 1,336 1,034 1,202 1,252 1,153 1,020 1,075 940 1,131 1,426 2,092 1,729 1,514 1,522 1,535 1,262 1,497 1,968 1,910 1,366 566 550.3 478.4 132.8 274.6 250.9 266 293.3 357.9 278.7 316.5 298.6 270.9
Other Current Assets 7,086 5,044 5,651 5,905 5,792 3,667 3,799 3,130 0 882 792 552 0 0 0 0 0 0 0 2,592 4,233 950 705 1,305 1,199 3,831 3,563 1,719 1,786.9 1,560.1 997.1 1,037.7 711.5 800.5 837.9 689.8 924.7 465.8 591.8 476.1
Total Current Assets 56,922 40,523 36,814 37,857 36,728 54,594 37,473 34,636 29,913 26,395 22,355 29,499 70,994 21,235 30,939 22,348 21,745 26,075 18,698 22,538 19,320 19,479 18,895 22,093 23,187 22,121 19,995 9,082 9,000.8 8,456.8 3,872.7 3,783.3 3,870.8 3,991.3 3,849.4 3,827.6 3,768.9 3,206.4 2,796.6 2,755.6
Non-Current Assets
Property, Plant & Equipment 132,965 132,994 133,036 133,564 127,579 117,364 114,609 89,286 88,568 84,751 83,541 89,947 88,956 88,642 88,434 87,711 91,985 86,546 85,294 82,356 72,987 74,124 75,302 73,758 74,419 69,504 62,173 36,816 35,039.4 36,134.8 15,921.3 16,938.1 20,365.9 20,330 19,961.8 19,447.1 18,874.1 18,173.9 17,245.4 16,931.6
Goodwill 22,841 22,841 22,843 28,671 28,603 24,773 24,389 24,614 29,172 27,205 25,331 24,639 24,634 24,139 23,357 21,988 22,472 6,035 5,245 5,655 315 837 835 1,339 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 10,458 167,742 166,724 161,257 159,296 108,282 104,557 103,905 98,664 95,570 94,167 81,990 81,547 83,677 79,128 78,826 78,831 67,173 55,784 56,099 51,849 46,611 45,609 45,000 44,262 41,990 8,645 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 785 842 953 1,071 1,061 589 558 671 1,039 1,110 796 802 3,432 3,401 3,448 3,497 3,118 8,174 3,372 4,868 4,602 5,855 5,789 4,986 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 180,287 19,769 19,885 17,260 13,329 10,879 10,141 11,717 9,787 9,149 17,985 5,739 4,535 4,128 5,155 5,635 8,756 8,349 18,566 17,288 19,057 19,052 19,538 20,292 28,927 31,120 22,017 9,246 9,923.9 8,769.5 4,362.8 3,550.4 5,307.5 3,778.2 4,070.4 4,723.8 3,576.7 3,348.9 1,203.1 1,403.7
Total Non-Current Assets 347,336 344,188 343,441 341,823 329,868 261,887 254,254 230,193 227,230 217,785 221,820 203,117 203,104 203,987 199,522 197,657 205,162 176,277 168,261 166,266 148,810 146,479 147,073 145,375 147,608 142,614 92,835 46,062 44,963.3 44,904.3 20,284.1 20,488.5 25,673.4 24,108.2 24,032.2 24,170.9 22,450.8 21,522.8 18,448.5 18,335.3
Total Assets 404,258 384,711 380,255 379,680 366,596 316,481 291,727 264,829 257,143 244,180 244,175 232,616 274,098 225,222 230,461 220,005 226,907 202,352 186,959 188,804 168,130 165,958 165,968 167,468 170,795 164,735 112,830 55,144 53,964.1 53,361.1 24,156.8 24,271.8 29,544.2 28,099.5 27,881.6 27,998.5 26,219.7 24,729.2 21,245.1 21,090.9
Current Liabilities
Account Payables 24,981 10,425 10,021 8,750 8,040 6,667 7,725 7,232 7,063 7,084 5,700 5,598 4,954 4,454 4,194 3,936 4,337 3,856 4,491 4,392 2,620 2,827 4,116 4,851 5,171 6,247 10,878 6,105 5,966.4 6,160.6 2,723.5 2,220.2 2,134.9 1,939.5 1,876.9 2,171 2,157.7 0 0 0
Short-Term Debt 23,160 22,633 12,973 9,963 7,443 5,889 10,777 7,190 3,453 2,645 6,489 2,735 3,933 4,369 4,849 7,542 7,205 4,993 2,954 7,715 6,688 3,593 5,967 9,267 18,669 14,838 15,063 2,988 6,342.8 2,884.2 1,930.2 2,087.6 2,677.3 2,703.5 2,014.3 2,597 1,731.2 1,588.8 659 1,086.7
Deferred Revenue 0 7,492 6,955 6,583 6,053 4,843 4,651 4,207 4,050 2,914 2,969 3,125 2,829 3,554 3,411 0 2,644 2,651 2,476 2,226 1,964 1,899 1,686 1,566 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 14,229 3,979 2,755 2,750 2,263 2,167 1,807 1,520 1,873 2,813 3,909 3,140 2,296 1,357 1,872 0 (2,644) 7,985 8,411 10,395 8,343 5,903 6,557 5,553 6,030 6,007 3,809 1,438 1,355 1,305.1 719.3 1,268.9 1,311.7 1,229.2 1,284 1,197 1,164.1 2,676.4 2,524.8 2,507.1
Total Current Liabilities 62,370 64,771 53,223 50,171 47,160 39,660 44,868 37,930 33,037 30,340 35,052 27,987 27,050 26,956 30,761 30,597 29,136 25,906 24,741 32,280 26,700 23,129 26,580 27,929 38,020 34,236 29,750 10,531 13,664.2 10,349.9 5,373 5,576.7 6,123.9 5,872.2 5,175.2 5,965 5,053 4,265.2 3,183.8 3,593.8
Non-Current Liabilities
Long-Term Debt 158,483 121,381 137,701 140,676 143,425 123,173 100,712 105,873 113,642 105,433 103,240 110,536 89,658 47,618 50,303 45,252 55,051 46,959 28,203 28,646 31,569 35,674 39,413 44,003 45,657 55,034 32,419 17,646 13,265.2 15,286 6,407.2 6,805.7 7,206.2 7,348.2 7,959.5 8,171.1 7,720.6 6,557.2 5,199.2 4,957.3
Deferred Tax Liabilities 48,717 46,732 45,781 43,441 40,685 35,711 34,703 33,795 31,232 45,964 45,484 41,563 28,639 24,677 25,060 22,818 19,190 11,769 14,784 16,270 22,831 22,532 21,704 19,467 16,543 15,260 7,288 2,254 2,106.2 1,846.9 1,213.9 1,305.7 2,913.5 3,094.3 3,060 4,017.1 3,859.7 3,576.5 3,124.2 3,056.8
Other Non-Current Liabilities 9,996 31,324 29,749 31,371 28,923 30,665 30,216 32,521 34,545 38,411 42,557 38,854 33,335 40,438 38,429 34,426 39,387 38,813 36,362 34,736 20,917 22,010 20,457 19,396 15,887 3,797 15,097 11,157 11,027.7 10,742.7 4,479.1 4,417.4 5,076.2 3,968.5 3,855.6 915.3 995.8 1,153.6 996 1,162.3
Total Non-Current Liabilities 236,147 219,365 233,233 237,046 236,236 207,549 184,024 172,189 179,419 189,808 191,281 190,953 151,632 112,733 113,792 102,496 113,628 97,541 79,349 79,652 75,317 80,216 81,574 82,866 78,087 74,091 54,804 31,057 26,399.1 27,875.6 12,100.2 12,528.8 15,195.9 14,411 14,875.1 13,103.5 12,576.1 11,287.3 9,319.4 9,176.4
Total Liabilities 298,517 284,136 286,456 287,217 283,396 247,209 228,892 210,119 212,456 220,148 226,333 218,940 178,682 139,689 144,553 133,093 142,764 123,447 104,090 111,932 102,017 103,345 108,154 110,795 116,107 108,327 84,554 41,588 40,063.3 38,225.5 17,473.2 18,105.5 21,319.8 20,283.2 20,050.3 19,068.5 17,629.1 15,552.5 12,503.2 12,770.2
Stockholders' Equity
Common Stock 429 429 429 429 429 429 429 429 424 424 424 424 297 297 297 297 297 297 297 297 277 277 277 275 275 275 276 158 78.8 78.7 0 436.5 0 0 0 0 0 0 0 0
Retained Earnings 94,744 89,110 82,915 82,380 71,993 60,464 53,147 43,542 35,635 15,059 11,246 2,447 1,782 (3,734) 1,179 4,368 7,260 19,250 17,884 17,324 15,905 12,984 9,409 10,536 10,704 14,667 7,428 1,371 1,261.7 1,279.8 1,776.5 1,144.4 3,093.6 2,853.4 3,088.7 4,290.7 3,889.7 3,688.8 3,179.3 2,701.9
Accumulated Other Comprehensive Income (1,727) (923) (1,380) (1,865) (927) (71) 998 2,370 2,659 2,673 550 1,111 2,358 2,235 1,269 1,049 (1,372) (13,372) (4,506) (7,530) (1,783) (1,053) (1,250) (2,110) (1,934) (3,058) (822) (1,279) 12,039.1 12,207.2 0 4,511.4 0 0 0 0 0 0 0 0
Total Stockholders' Equity 104,460 99,237 92,430 91,144 81,790 67,842 61,395 53,145 43,096 22,524 16,428 12,298 38,836 33,157 35,970 38,569 41,382 41,706 50,581 48,535 39,680 37,560 33,466 32,616 32,539 34,578 26,376 13,226 12,989.6 13,121.4 6,683.6 6,166.3 8,224.4 7,816.3 7,831.3 8,930 8,590.6 9,176.7 8,741.9 8,320.7
Total Liabilities & Equity 404,258 384,711 380,255 379,680 366,596 316,481 291,727 264,829 257,143 244,180 244,175 232,616 274,098 225,222 230,461 220,005 226,907 202,352 186,959 188,804 168,130 165,958 165,968 167,468 170,795 164,735 112,830 55,144 53,964.1 53,361.1 24,156.8 24,271.8 29,544.2 28,099.5 27,881.6 27,998.5 26,219.7 24,729.2 21,245.1 21,090.9
Debt Metrics
Total Debt 200,594 168,357 174,942 176,331 177,930 150,547 133,143 113,063 117,095 108,078 109,729 113,271 93,591 51,987 55,152 52,794 62,256 51,952 31,157 36,361 38,257 39,267 45,380 53,270 64,326 69,872 47,482 20,634 19,608 18,170.2 8,337.4 8,893.3 9,883.5 10,051.7 9,973.8 10,768.1 9,451.8 8,146 5,858.2 6,044
Net Debt 181,546 164,163 172,877 173,726 175,009 128,376 130,549 110,318 115,016 105,198 105,259 102,673 40,063 48,894 41,790 46,126 60,247 42,170 30,004 33,142 37,497 36,977 44,711 51,848 63,347 69,115 45,449 20,397 19,285.2 17,920.8 7,980.6 8,750.4 9,737.4 9,755.7 9,843.2 10,673.4 9,287.6 7,844.4 5,629.5 5,830.7
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 17,174 17,949 12,095 21,748 22,618 18,348 19,788 16,039 30,550 13,608 17,879 11,956 23,547 10,557 10,198 10,217 11,601 3,962 10,705 6,197 7,397 7,831 3,077 4,591 584 10,810 8,296 5,326 2,454.9 3,128.9 2,826.1 1,401.9 1,481.6 1,382.2 1,331.6 1,312.5 1,074.5
Depreciation & Amortization 18,349 17,892 17,624 17,099 16,206 16,720 16,682 17,403 16,954 15,928 16,017 16,533 16,606 16,460 16,496 16,405 16,534 14,610 14,377 14,545 13,615 13,503 13,607 13,282 13,523 12,261 9,890 9,645 5,754.1 5,278.4 5,234 2,652.1 2,545.1 2,417.4 2,298.7 2,377.2 2,419.9
Stock-Based Compensation 0 0 0 609 0 0 0 0 384 400 300 300 400 700 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 (2,320) (2,278) (267) (456) (890) 56 (6,713) (1,177) (5,938) (6,755) (102) (2,160) (5) (403) (2,279) 202 (2,511) (3,033) (2,893) (1,635) (2,099) (2,800) 1,740 (1,579) (2,667) (498) (1,565) (1,559) 46.5 (308.1) (86.3) (32.1) 325.6 198.3 (97.8) (284.5) 219.9
Other Non-Cash Items 1,594 2,534 5,635 (4,832) (2,659) 5,091 4,757 1,685 (2,735) (3,285) 4,933 (3,088) (2,954) (3,423) (2,900) (1,930) (986) (1,993) 59 1,907 (1,266) (1,115) (298) 39 999 763 48 0 88.2 274.1 48 1.2 (12.5) (42.1) 202.9 37.4 12.4
Operating Cash Flow 37,137 36,912 37,475 37,141 39,539 41,768 35,746 34,339 24,318 21,689 39,027 30,631 38,818 31,486 29,780 33,363 31,390 27,452 26,839 24,106 22,025 21,791 22,467 22,082 19,526 15,827 17,017 15,724 8,858.7 8,780.8 7,894.4 3,752.6 4,234 3,929.7 3,755.6 3,535.1 3,891.9
Investing Activities
Capital Expenditure (17,011) (17,990) (18,767) (26,740) (20,286) (20,318) (18,837) (18,087) (17,830) (17,593) (17,775) (17,545) (17,184) (20,110) (16,244) (16,458) (17,047) (17,238) (17,538) (17,101) (15,324) (13,259) (11,884) (11,984) (17,371) (17,633) (9,180) (7,508.4) (6,637.7) (2,553.4) (2,627.2) (2,648.3) (2,517.4) (2,488.1) (2,459) (2,521.9) (2,584.3)
Acquisitions 0 0 (30) 281 57 (520) (1) (230) (2,314) 6,117 (3,545) (62) (494) (913) (2,018) (1,438) (5,958) (15,904) 17,538 17,101 1,326 1,720 229 (1,093) (3,142) (2,247) 823 649.2 5.5 13.2 3.5 102.1 47.3 315 107.6 122.2 85.3
Purchases of Investments 0 0 0 (2,265) (21) 0 0 0 0 0 0 0 0 0 16,244 (3) 17,047 0 (763) (1,422) (5,028) (1,296) (3,049) (2,099) (2,002) (1,204) (855) (1,027.8) (843.6) (401.7) (135) (10) (1,871) (159.3) (201.8) (872.5) (711)
Sales/Maturities of Investments 0 0 0 0 21 0 0 0 0 0 0 0 0 0 35 16,458 84 0 169 290 15,324 13,259 1,767 1,931 1,595 983 795 968.2 426.9 130 135 18.5 1,835.2 241.3 112.1 1,140.5 696.5
Other Investing Activities 801 (684) 1,161 62 (46,924) (2,674) 1,257 383 1,640 493 (8,723) 1,751 2,845 521 (15,267) (13,613) (17,457) 1,563 (15,514) (14,484) (14,790) (10,767) 691 6,417 (706) 4,046 (1,212) (766.1) (289.7) (332.1) 532.9 867.9 (430.4) 95.3 206.8 (1,607) (840.8)
Investing Cash Flow (16,660) (18,674) (23,432) (28,662) (67,153) (23,512) (17,581) (17,934) (18,456) (10,983) (30,043) (15,856) (14,833) (20,502) (17,250) (15,054) (23,331) (31,579) (16,108) (15,616) (18,492) (10,343) (12,246) (6,828) (21,626) (16,055) (9,629) (7,684.9) (7,338.6) (3,144) (2,090.8) (1,669.8) (2,936.3) (1,995.8) (2,234.3) (3,738.7) (3,354.3)
Financing Activities
Net Debt Issuance 7,817 (4,776) (2,162) 4,348 22,554 14,269 (5,231) (3,781) 7,760 (1,209) (2,673) 12,823 40,861 (3,351) 1,183 (9,233) (8,872) 19,841 (5,353) 694 (240) (5,467) (7,436) (11,595) 6,031 5,058 6,592 2,607 1,047.4 (114) (277.8) (1,009.1) (324.8) 165.6 (606.6) 1,120.9 444.9
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 (5,134) 0 (153) 0 0 0 0 (1,368) (2,843) (1,700) (271) (370) 0 0 (18) (2,294) (2,037) (1,002) (929.8) (118.3) (11.2) (8.7) 0 (0.1) (15.3) (103) (380.3)
Dividends Paid (11,481) (11,249) (11,025) (10,805) (10,445) (10,232) (10,016) (9,772) (9,472) (9,262) (8,538) (7,803) (5,936) (5,230) (5,555) (5,412) (5,271) (4,994) (4,773) (4,719) (4,427) (4,262) (4,239) (4,200) (4,168) (4,421) (4,227) (4,186) (2,340.4) (2,204.1) (2,117.4) (1,195.1) (1,156.5) (1,069.7) (976.2) (911.8) (856.4)
Other Financing Activities (1,949) (1,075) (1,470) (2,072) (3,832) (2,712) (2,917) (1,824) (4,439) (2,854) 1,233 (62,759) (8,407) (12,987) (1,705) 995 (1,864) 93 (2) (480) (133) (77) (123) 71 (391) 33 238 (896.7) (0.1) 687.8 289.2 120 0 (987.5) 0 0 0
Financing Cash Flow (5,613) (17,100) (14,657) (8,529) 8,277 1,325 (18,164) (15,377) (6,151) (13,322) (15,112) (57,705) 26,450 (21,253) (5,836) (13,650) (16,007) 13,588 (11,697) (6,031) (5,034) (9,856) (10,959) (14,813) 2,075 (1,048) (167) (2,471.7) (1,446.7) (1,475.8) (1,676.3) (2,086) (1,447.6) (1,769.6) (1,485.4) 134.1 (421.3)
Cash Position
Net Change in Cash 14,535 1,138 (614) (50) (19,337) 19,581 1 1,028 (289) (1,590) (6,128) (42,930) 50,435 (10,269) 6,694 4,659 (7,773) 8,629 (2,066) 2,459 (1,514) 1,621 (723) 459 222 (1,276) 860 (85.7) 73.4 (204.3) (1,676.3) (3.2) (1,447.6) (1,769.6) (1,485.4) 134.1 (421.3)
Cash at Beginning 4,513 3,497 4,111 4,161 23,498 3,917 3,916 2,888 3,177 4,470 10,598 53,528 3,093 13,362 6,668 2,009 9,782 1,153 3,219 760 2,290 669 1,422 979 757 2,033 237 322.8 249.4 356.8 142.9 146.1 296 131.7 94.7 164.2 47.9
Cash at End 19,048 4,635 3,497 4,111 4,161 23,498 3,917 3,916 2,888 2,880 4,470 10,598 53,528 3,093 13,362 6,668 2,009 9,782 1,153 3,219 776 2,290 699 1,438 979 757 1,097 237.1 322.8 152.5 (1,533.4) 142.9 (1,151.6) (1,637.9) (1,390.7) 298.3 (373.4)
Free Cash Flow 20,126 18,922 18,708 10,401 19,253 21,450 16,909 16,252 6,488 4,096 21,252 13,086 21,634 11,376 13,536 16,905 14,343 10,214 9,301 7,005 6,701 8,532 10,583 10,098 2,155 (1,806) 7,837 8,215.6 2,221 6,227.4 5,267.2 1,104.3 1,716.6 1,441.6 1,296.6 1,013.2 1,307.6
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 138,191 134,788 133,974 136,835 133,613 128,292 131,868 130,863 126,034 125,980 131,620 127,079 120,550 115,846 110,875 106,565 107,808 97,354 93,469 88,182 69,518 65,751 67,468 67,056 66,713 64,707 58,194 31,566 30,194 29,155.2 27,926.8 13,791.4 12,990.2 12,647 12,279.7 12,298 11,448.6 10,880.1 10,298.4 9,920.8
Gross Profit 63,077 62,799 61,463 60,603 61,106 60,371 60,460 58,255 57,524 58,628 63,046 60,615 59,057 53,151 48,504 48,254 48,971 43,887 41,577 38,630 31,703 34,205 45,767 47,190 46,175 25,226 24,464 21,763 21,749.8 21,560.8 21,052 9,789.8 8,962.6 8,705.5 8,343.1 8,536.9 7,709.5 4,598.5 4,463 4,390.5
Operating Income 29,259 30,604 28,831 30,467 31,965 29,867 31,029 30,007 26,519 25,910 32,806 18,892 31,690 21,006 18,834 18,973 19,480 18,111 16,712 14,214 12,362 13,026 7,407 14,877 11,473 12,965 14,574 6,627 5,341.6 6,078.6 5,417.4 2,804.6 2,797.6 2,506.2 2,525.4 2,609.6 2,012.8 2,244.5 2,346.1 2,463.9
Net Income 17,174 17,506 11,614 21,256 22,065 17,801 19,265 15,528 30,101 13,127 17,879 9,625 11,497 875 2,404 2,549 3,651 6,428 5,521 6,197 7,397 7,831 3,077 4,079 389 11,797 4,202 2,965 2,454.9 1,739.4 1,858.3 (754.8) 1,403.4 1,340.6 1,331.6 1,312.5 1,074.5 1,316.8 1,240.4 1,167.1
EPS (Diluted) 4.06 4.15 2.75 5.06 5.32 4.30 4.65 3.76 7.36 3.21 4.37 2.42 4.00 0.31 0.85 0.90 1.29 2.26 1.90 2.12 2.65 2.79 1.12 1.49 0.14 4.31 1.51 1.86 1.57 1.84 2.13 -0.86 -0.42 1.57 1.71 1.69 1.36 1.67 1.56 1.47
Balance Sheet
Cash & Equivalents 19,048 4,194 2,065 2,605 2,921 22,171 2,594 2,745 2,079 2,880 4,470 10,598 53,528 3,093 13,362 6,668 2,009 9,782 1,153 3,219 760 2,290 669 1,422 979 757 2,033 237 322.8 249.4 356.8 142.9 146.1 296 130.6 94.7 164.2 301.6 228.7 213.3
Total Assets 404,258 384,711 380,255 379,680 366,596 316,481 291,727 264,829 257,143 244,180 244,175 232,616 274,098 225,222 230,461 220,005 226,907 202,352 186,959 188,804 168,130 165,958 165,968 167,468 170,795 164,735 112,830 55,144 53,964.1 53,361.1 24,156.8 24,271.8 29,544.2 28,099.5 27,881.6 27,998.5 26,219.7 24,729.2 21,245.1 21,090.9
Total Debt 200,594 168,357 174,942 176,331 177,930 150,547 133,143 113,063 117,095 108,078 109,729 113,271 93,591 51,987 55,152 52,794 62,256 51,952 31,157 36,361 38,257 39,267 45,380 53,270 64,326 69,872 47,482 20,634 19,608 18,170.2 8,337.4 8,893.3 9,883.5 10,051.7 9,973.8 10,768.1 9,451.8 8,146 5,858.2 6,044
Stockholders' Equity 104,460 99,237 92,430 91,144 81,790 67,842 61,395 53,145 43,096 22,524 16,428 12,298 38,836 33,157 35,970 38,569 41,382 41,706 50,581 48,535 39,680 37,560 33,466 32,616 32,539 34,578 26,376 13,226 12,989.6 13,121.4 6,683.6 6,166.3 8,224.4 7,816.3 7,831.3 8,930 8,590.6 9,176.7 8,741.9 8,320.7
Cash Flow
Operating Cash Flow 37,137 36,912 37,475 37,141 39,539 41,768 35,746 34,339 24,318 21,689 39,027 30,631 38,818 31,486 29,780 33,363 31,390 27,452 26,839 24,106 22,025 21,791 22,467 22,082 19,526 15,827 17,017 15,724 8,858.7 8,780.8 7,894.4 3,752.6 4,234 3,929.7 3,755.6 3,535.1 3,891.9
Capital Expenditure (17,011) (17,990) (18,767) (26,740) (20,286) (20,318) (18,837) (18,087) (17,830) (17,593) (17,775) (17,545) (17,184) (20,110) (16,244) (16,458) (17,047) (17,238) (17,538) (17,101) (15,324) (13,259) (11,884) (11,984) (17,371) (17,633) (9,180) (7,508.4) (6,637.7) (2,553.4) (2,627.2) (2,648.3) (2,517.4) (2,488.1) (2,459) (2,521.9) (2,584.3)
Free Cash Flow 20,126 18,922 18,708 10,401 19,253 21,450 16,909 16,252 6,488 4,096 21,252 13,086 21,634 11,376 13,536 16,905 14,343 10,214 9,301 7,005 6,701 8,532 10,583 10,098 2,155 (1,806) 7,837 8,215.6 2,221 6,227.4 5,267.2 1,104.3 1,716.6 1,441.6 1,296.6 1,013.2 1,307.6