| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $5.35B | $5.60B | $6.32B | $6.35B | $6.66B |
| Cost of Revenue | $3.20B | $3.30B | $3.82B | $4.08B | $4.16B |
| Gross Profit | $2.15B | $2.30B | $2.49B | $2.27B | $2.50B |
| Gross Margin % | 40.12% | 41.07% | 39.48% | 35.82% | 37.56% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | $87.50M | $94.90M |
| SG&A Expenses | $1.17B | $1.28B | $1.40B | $1.36B | $1.38B |
| Other Operating Expenses | $0.00 | $0.00 | $0.00 | $30.90M | $61.20M |
| Total Operating Expenses | $1.17B | $1.28B | $1.40B | $1.36B | $1.54B |
| Operating Performance | |||||
| Operating Income | $957.70M | $999.50M | $1.02B | $863.60M | $963.00M |
| Operating Margin % | 17.91% | 17.84% | 16.07% | 13.60% | 14.45% |
| EBITDA | $1.18B | $1.22B | $1.27B | $1.17B | $1.21B |
| EBITDA Margin % | 22.14% | 21.83% | 20.12% | 18.37% | 18.11% |
| Other Income/Expenses | |||||
| Interest Expense | $165.20M | $135.60M | $136.60M | $149.10M | $208.20M |
| Other Income/Expenses Net | $-138.50M | $-118.00M | $-119.30M | $-50.80M | $-164.30M |
| Income Before Tax | $819.20M | $881.50M | $895.80M | $812.80M | $798.70M |
| Income Tax Expense | $157.40M | $174.90M | $192.70M | $168.60M | $174.50M |
| Net Performance | |||||
| Net Income | $702.70M | $747.40M | $755.30M | $682.00M | $680.60M |
| Net Margin % | 13.14% | 13.34% | 11.95% | 10.74% | 10.22% |
| EPS | $2.65 | $2.80 | $2.83 | $2.54 | $2.54 |
| Diluted EPS | $2.62 | $2.78 | $2.80 | $2.52 | $2.52 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $155.40M | $423.60M | $351.70M | $334.00M | $166.60M |
| Short Term Investments | - | - | - | - | - |
| Net Receivables | $502.90M | $528.50M | $549.50M | $573.70M | $587.50M |
| Inventory | $801.20M | $1.03B | $1.18B | $1.34B | $1.13B |
| Other Current Assets | $90.70M | $98.90M | $112.30M | $77.20M | $73.40M |
| Total Current Assets | $1.55B | $2.08B | $2.20B | $2.39B | $2.00B |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $952.60M | $1.17B | $1.28B | $1.42B | $1.54B |
| Long Term Investments | $310.40M | $322.90M | $301.30M | $283.00M | $264.10M |
| Tax Assets | - | - | - | - | $127.10M |
| Other Non-Current Assets | $120.30M | $176.30M | $202.20M | $276.90M | $148.10M |
| Total Non-Current Assets | $8.81B | $10.01B | $10.71B | $10.74B | $10.86B |
| Total Assets | |||||
| Total Assets | $10.36B | $12.09B | $12.91B | $13.12B | $12.86B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $846.90M | $1.03B | $1.06B | $1.17B | $1.12B |
| Short Term Debt | $698.40M | $1.15B | $1.31B | $1.51B | $1.07B |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | - | - | - | - | - |
| Other Current Liabilities | $609.10M | $863.60M | $850.20M | $754.10M | $-211.20M |
| Total Current Liabilities | $2.15B | $3.05B | $3.22B | $3.43B | $3.10B |
| Non-Current Liabilities | |||||
| Long Term Debt | $3.63B | $3.75B | $4.08B | $3.82B | $3.52B |
| Other Non-Current Liabilities | $427.60M | $622.20M | $384.80M | $308.60M | $175.00M |
| Total Non-Current Liabilities | $4.75B | $5.10B | $5.26B | $4.99B | $4.68B |
| Total Liabilities | |||||
| Total Liabilities | $6.91B | $8.15B | $8.48B | $8.43B | $7.78B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $1.89B | $1.98B | $2.06B | $2.14B | $2.20B |
| Retained Earnings | $2.06B | $2.42B | $2.78B | $3.02B | $3.25B |
| Accumulated Other Comprehensive Income/Loss | $-867.00M | $-985.40M | $-426.50M | $-480.60M | $-388.60M |
| Total Shareholders Equity | $3.44B | $3.93B | $4.41B | $4.68B | $5.06B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $10.35B | $12.08B | $12.89B | $13.12B | $12.86B |
| Total Debt | $4.32B | $4.90B | $5.39B | $5.33B | $4.59B |
| Net Debt | $4.17B | $4.48B | $5.04B | $4.99B | $4.42B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $702.70M | $747.40M | $755.30M | $682.00M | $680.60M |
| Depreciation & Amortization | $158.80M | $165.00M | $186.30M | $200.60M | $199.30M |
| Stock Based Compensation | $37.20M | $46.00M | $66.60M | $60.30M | $63.40M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | $12.20M | $4.80M | $-22.60M | $-45.80M | $3.40M |
| Change in Inventory | $-20.90M | $-200.20M | $-153.70M | $-205.30M | $225.00M |
| Change in Accounts Payable | $128.20M | $164.20M | $34.90M | $125.30M | $-68.10M |
| Other Working Capital Changes | $-81.50M | $133.80M | $-81.40M | $-129.90M | $109.00M |
| Total Working Capital Change | $38.00M | $102.60M | $-222.80M | $-255.70M | $269.30M |
| Other Operating | |||||
| Other Non-Cash Items | $-10.80M | $-8.50M | $6.90M | $-57.50M | $30.10M |
| Net Cash from Operations | $946.80M | $1.04B | $828.30M | $651.50M | $1.24B |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | $-262.00M | $-263.90M |
| Purchase of Investments | - | - | - | - | - |
| Sale of Investments | - | - | - | - | - |
| Other Investing Activities | $-171.00M | $-222.60M | $-267.60M | $20.40M | $2.40M |
| Net Cash from Investing | $-171.00M | $-1.03B | $-908.60M | $-146.40M | $-260.50M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-447.70M | $-257.70M | $-257.10M | $-772.00M | $-737.40M |
| Stock Repurchases | $-95.10M | $-47.30M | $-8.60M | $-38.80M | $-35.70M |
| Dividends Paid | $-302.20M | $-330.10M | $-363.30M | $-396.70M | $-418.50M |
| Other Financing Activities | $119.20M | $856.00M | $651.00M | $678.90M | $-9.20M |
| Net Cash from Financing | $-725.80M | $220.90M | $22.00M | $-487.20M | $-1.18B |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $58.80M | $268.20M | $-71.90M | $-17.70M | $-167.40M |
| Cash at Beginning of Period | $96.60M | $155.40M | $423.60M | $351.70M | $334.00M |
| Cash at End of Period | $155.40M | $423.60M | $351.70M | $334.00M | $166.60M |
| Key Metrics | |||||
| Operating Cash Flow | $946.80M | $1.04B | $828.30M | $651.50M | $1.24B |
| Capital Expenditure | $-173.70M | $-225.30M | $-278.00M | $-262.00M | $-263.90M |
| Free Cash Flow | $773.10M | $816.00M | $550.30M | $389.50M | $973.40M |