EAST WEST BANCORP INC (EWBC)
East West Bancorp, Inc. functions as the parent entity for East West Bank, which delivers a comprehensive suite of personal and commercial banking solutions to both businesses and individual clients. The organization segments its operations into three primary areas: Consumer and Business Banking, Commercial Banking, and Other activities. Customers can access various deposit accounts, including personal and business checking and savings options, money market accounts, and certificates of deposit. The bank's extensive lending portfolio covers residential mortgages and home equity loans, commercial and residential real estate financing, working capital lines of credit, construction loans, trade finance, letters of credit, general commercial business loans, affordable housing initiatives, asset-based lending, asset-backed finance, project finance, and equipment financing. A notable specialization includes financial bridging services aimed at facilitating business transactions between the United States and China. Furthermore, East West Bancorp offers ancillary services such as wealth management, treasury management, foreign exchange, and risk hedging for interest rates and commodities. Digital banking conveniences, like mobile and online platforms, are also provided. As of January 27, 2022, the company operated a significant network of approximately 120 locations spanning the United States and China. This footprint included full-service branches in international hubs like Hong Kong, Shanghai, Shantou, and Shenzhen, alongside representative offices in Beijing, Chongqing, Guangzhou, Taipei, and Xiamen. East West Bancorp, Inc. was established in 1998 and maintains its corporate headquarters in Pasadena, California.
Sector: State Commercial Banks
Industry: Banks - Regional
East West Bancorp, Inc.
NASDAQ:EWBCFinancial Services · Banks - Diversified
-1.10%$131.19
AH Close$131.19+0.00%vs close
AH Close$131.19+0.00%vs close
Mkt Cap$17.97B
Float135.75M
O/S137.01M
Inst Own92.2%
SI3.2%
Div Yield2.29%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$4.64B
Net Income$1.33B
Total Assets$80.43B
Free Cash Flow$1.5B
Debt & Equity
Debt 26%
Equity 74%
Total Debt$3.17B
Total Equity$8.9B
Shares Outstanding
Short Interest
Split History1 split
- 2:1Forward splitJun 22, 20041 share → 2
Balance Sheet Details
Assets$80.43B
Liabilities$71.54B
Accounts Receivable$315.67M
Accounts Payable$0
Inventory$0
PP&E (Net)$207.72M
Goodwill$465.7M
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Revenue | $4.64B | $4.48B | $3.95B | $2.59B | $1.89B | $1.82B | $2.09B | $1.83B | $1.49B | $1.31B | $1.22B | $1.13B | $969.68M | $1.03B | $1.06B | $1.09B | $750.43M | $712.96M | $824.88M | $694.41M | $441.05M | $283.9M | $211.31M | $191.8M | $204.29M | $201.05M | $162.72M | $136.7M |
| YoY Growth | 3.5% | 13.6% | 52.1% | 37.4% | 3.9% | -13.1% | 14.5% | 22.4% | 14.2% | 6.8% | 7.9% | 16.9% | -5.9% | -3.2% | -2.1% | 44.8% | 5.3% | -13.6% | 18.8% | 57.4% | 55.4% | 34.4% | 10.2% | -6.1% | 1.6% | 23.6% | 19.0% | - |
| Cost of Revenue | $1.9B | $2.09B | $1.51B | $348.85M | $52.16M | $428.5M | $513.17M | $329.45M | $186.32M | $132.32M | $117.59M | $161.98M | $134.86M | $197.35M | $272.43M | $401.28M | $765.79M | $535.69M | $377.61M | $298.73M | $147.15M | $69.65M | $44.03M | $59.18M | $89.56M | $100.99M | $81.53M | $76.4M |
| Gross Profit | $2.74B | $2.39B | $2.44B | $2.25B | $1.84B | $1.39B | $1.58B | $1.5B | $1.31B | $1.17B | $1.11B | $971.55M | $834.83M | $833.14M | $791.59M | $685.32M | -$15.36M | $177.27M | $447.26M | $395.67M | $293.89M | $214.25M | $167.28M | $132.62M | $114.72M | $100.06M | $81.19M | $60.3M |
| Gross Margin | 59.0% | 53.4% | 61.8% | 86.6% | 97.2% | 76.4% | 75.5% | 82.0% | 87.5% | 89.9% | 90.4% | 85.7% | 86.1% | 80.8% | 74.4% | 63.1% | -2.0% | 24.9% | 54.2% | 57.0% | 66.6% | 75.5% | 79.2% | 69.1% | 56.2% | 49.8% | 49.9% | 44.1% |
| Research and Development | $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 |
| Selling, General, and Administrative | $650.48M | $596.47M | $611.85M | $497.08M | $451.29M | $419.2M | $428.16M | $414.01M | $371.12M | $335.08M | $291.15M | $269.65M | $201.55M | $194.74M | $189.22M | $205.87M | $140.84M | $114.72M | $85.93M | $70.58M | $53.67M | $39.14M | $31.84M | $25.33M | $25.14M | $20.29M | $18.5M | $17.3M |
| Other | $360.7M | $314.21M | $367.76M | $336.8M | $328.65M | $283.59M | $305.12M | $264.27M | $199.2M | $266.6M | $235.79M | $254.88M | $186.13M | $212.81M | $219.04M | $223.54M | -$260.92M | $159.72M | $99.08M | $91.31M | $69.86M | $53.78M | $45.77M | $38.47M | $36.99M | $29.67M | $21.09M | $15.3M |
| Total Operating Expenses | $1.01B | $910.68M | $979.61M | $833.88M | $779.94M | $702.79M | $733.28M | $678.28M | $570.32M | $601.68M | $526.94M | $524.53M | $387.68M | $407.55M | $408.26M | $429.41M | -$120.08M | $274.44M | $185M | $161.89M | $123.53M | $92.92M | $77.62M | $63.8M | $62.12M | $49.96M | $39.59M | $32.6M |
| Operating Income (EBIT) | $1.73B | $1.48B | $1.46B | $1.41B | $1.06B | $685.76M | $843.92M | $818.7M | $735.1M | $572.19M | $578.72M | $447.02M | $447.15M | $425.59M | $383.33M | $255.91M | $104.72M | -$97.17M | $262.26M | $233.78M | $170.36M | $121.33M | $89.66M | $68.82M | $52.6M | $50.09M | $41.6M | $27.7M |
| Operating Margin | 37.2% | 33.1% | 37.0% | 54.4% | 55.9% | 37.7% | 40.4% | 44.8% | 49.3% | 43.8% | 47.3% | 39.4% | 46.1% | 41.3% | 36.0% | 23.6% | 14.0% | -13.6% | 31.8% | 33.7% | 38.6% | 42.7% | 42.4% | 35.9% | 25.7% | 24.9% | 25.6% | 20.3% |
| Interest Expense | $1.74B | $1.91B | $1.38B | $275.35M | $87.16M | $217.85M | $414.49M | $265.19M | $140.05M | $104.84M | $103.38M | $112.82M | $112.49M | $132.17M | $177.42M | $201.12M | $237.13M | $309.69M | $365.61M | $292.57M | $131.28M | $52.9M | $35.23M | $48.98M | $83.35M | $96.59M | $76.13M | $71M |
| Interest Income | $4.29B | $4.19B | $3.69B | $2.32B | $1.62B | $1.6B | $1.88B | $1.65B | $1.33B | $1.14B | $1.05B | $1.15B | $1.07B | $1.05B | $1.08B | $1.1B | $720.48M | $659.68M | $773.61M | $660.05M | $411.4M | $252.07M | $178.54M | $167.29M | $182.7M | $186.08M | $148.03M | $126.7M |
| Other Income (Expense) | $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 |
| Income Before Tax (EBT) | $1.73B | $1.48B | $1.46B | $1.41B | $1.06B | $685.76M | $843.92M | $818.7M | $735.1M | $572.19M | $578.72M | $447.02M | $447.15M | $425.59M | $383.33M | $255.91M | $104.72M | -$97.17M | $262.26M | $233.78M | $170.36M | $121.33M | $89.66M | $68.82M | $52.6M | $50.09M | $41.6M | $27.7M |
| Income Tax Expense | $400.27M | $316.27M | $298.61M | $283.57M | $183.4M | $117.97M | $169.88M | $115M | $229.48M | $140.51M | $194.04M | $101.14M | $153.82M | $143.94M | $138.1M | $91.34M | $22.71M | -$47.48M | $101.09M | $90.41M | $61.98M | $43.31M | $30.67M | $20.11M | $13.73M | $14.63M | $13.6M | $9.7M |
| Net Income | $1.33B | $1.17B | $1.16B | $1.13B | $872.98M | $567.8M | $674.03M | $703.7M | $505.62M | $431.68M | $384.68M | $345.88M | $293.32M | $281.65M | $245.23M | $164.56M | $76.64M | -$49.68M | $161.17M | $143.37M | $108.38M | $78.02M | $58.99M | $49.49M | $38.78M | $35.47M | $28M | $18M |
| Net Income Margin | 28.6% | 26.0% | 29.4% | 43.5% | 46.2% | 31.2% | 32.2% | 38.5% | 33.9% | 33.0% | 31.4% | 30.5% | 30.2% | 27.3% | 23.0% | 15.1% | 10.2% | -7.0% | 19.5% | 20.6% | 24.6% | 27.5% | 27.9% | 25.8% | 19.0% | 17.6% | 17.2% | 13.2% |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | 9.58 | 8.39 | 8.23 | 7.98 | 6.16 | 3.99 | 4.63 | 4.86 | 3.50 | 3.00 | 2.67 | 2.39 | 2.11 | 1.92 | 1.62 | 0.88 | 0.35 | -0.94 | 2.63 | 2.40 | 2.03 | 1.54 | 1.22 | 1.05 | 0.84 | 0.79 | 0.62 | 0.38 |
| Diluted EPS | 9.52 | 8.33 | 8.18 | 7.92 | 6.10 | 3.97 | 4.61 | 4.81 | 3.47 | 2.97 | 2.66 | 2.38 | 2.10 | 1.89 | 1.60 | 0.83 | 0.33 | -0.94 | 2.60 | 2.35 | 1.97 | 1.49 | 1.19 | 1.00 | 0.81 | 0.77 | 0.61 | 0.38 |
| Weighted Average OS | 138.30M | 138.90M | 141.16M | 141.33M | 141.83M | 142.34M | 145.50M | 144.86M | 144.44M | 144.09M | 143.82M | 142.95M | 137.34M | 141.46M | 147.09M | 137.48M | 78.77M | 62.67M | 61.18M | 59.60M | 53.45M | 50.65M | 48.50M | 47.19M | 46.07M | 44.90M | 45.51M | 47.55M |
| EBITDA | $1.94B | $1.68B | $1.62B | $1.57B | $1.21B | $805.67M | $988.1M | $958.2M | $884.92M | $709.77M | $667.45M | $564.51M | $527.02M | $508.13M | $450.79M | $313.5M | $186.62M | -$79.07M | $276.13M | $241.67M | $180.69M | $132.79M | $101.8M | $79.27M | $62.05M | $58.85M | $45.7M | $32.3M |
| EBITDA Margin | 41.8% | 37.5% | 41.1% | 60.6% | 64.2% | 44.3% | 47.3% | 52.5% | 59.3% | 54.3% | 54.6% | 49.8% | 54.3% | 49.3% | 42.4% | 28.9% | 24.9% | -11.1% | 33.5% | 34.8% | 41.0% | 46.8% | 48.2% | 41.3% | 30.4% | 29.3% | 28.1% | 23.6% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $656.13M | $5.3B | $4.63B | $3.62B | $4.65B | $4.83B | $3.46B | $3.37B | $2.57B | $2.2B | $1.66B | $1.04B | $942.74M | $1.38B | $1.5B | $1.33B | $1.1B | $878.85M | $160.35M | $192.56M | $151.19M | $93.17M | $142.18M | $295.27M | $224.33M | $63.05M | $43.5M | $161.1M |
| Short-Term Investments | $0 | $180.15M | $6.19B | $6.03B | $9.97B | $5.54B | $3.32B | $2.74B | $3.02B | $3.34B | $3.77B | $2.97B | $2.99B | $2.97B | $3.13B | $143.56M | $246.84M | $228.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $656.13M | $5.48B | $10.81B | $9.66B | $14.61B | $10.37B | $6.77B | $6.11B | $5.59B | $5.54B | $5.43B | $4.01B | $3.93B | $4.35B | $4.63B | $1.48B | $1.35B | $1.11B | $160.35M | $192.56M | $151.19M | $93.17M | $142.18M | $295.27M | $224.33M | $63.05M | $43.5M | $161.1M |
| Accounts Receivable | $315.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $116.31M | $94.84M | $89.69M | $155.89M | $122.92M | $51.77M | $151.66M | $121.26M | $82.07M | $57.44M | $35.84M | $91.73M | $53.8M | $47.99M | $30.5M | $28.3M |
| Inventory | $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 Assets | $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 |
| Total Current Assets | $971.79M | $5.48B | $10.81B | $9.66B | $14.61B | $10.37B | $6.77B | $6.11B | $5.59B | $5.54B | $5.43B | $4.01B | $4.05B | $4.45B | $4.72B | $1.63B | $1.47B | $1.16B | $312.01M | $313.82M | $233.26M | $150.61M | $178.02M | $387M | $278.13M | $111.04M | $74M | $189.4M |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $207.72M | $164.2M | $180.39M | $192.87M | $195.93M | $198.71M | $218.34M | $119.18M | $121.21M | $159.92M | $166.99M | $180.9M | $177.71M | $107.52M | $118.93M | $135.92M | $59.1M | $60.18M | $64.94M | $43.92M | $38.58M | $19.75M | $24.96M | $23.94M | $27.57M | $26.63M | $22.6M | $23.4M |
| Goodwill | $465.7M | $465.7M | $465.7M | $465.7M | $465.7M | $465.7M | $465.7M | $465.55M | $469.43M | $469.43M | $469.43M | $469.43M | $337.44M | $337.44M | $337.44M | $337.44M | $337.44M | $337.44M | $151.66M | $121.26M | $82.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $67.19M | $0 | $0 | $0 | $0 | $0 | $0 | $57.44M | $35.84M | $0 | $0 | $47.99M | $30.5M | $28.3M |
| Long-Term Investments | $78.41B | $67.54B | $55.4B | $51.4B | $41.78B | $38.25B | $34.88B | $32.49B | $29.17B | $25.77B | $23.79B | $21.69B | $17.97B | $15.01B | $14.41B | $16.48B | $16.49B | $3.46B | $10.64B | $9.83B | $7.64B | $5.61B | $3.68B | $2.84B | $2.46B | $2.28B | $1.98B | $1.78B |
| Deferred Tax Assets | $474M | $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 Long-Term Assets | -$94.48M | $2.33B | $2.75B | $2.4B | $3.81B | $2.87B | $1.86B | $1.85B | $1.77B | $2.86B | $2.49B | $2.39B | $2.19B | $2.64B | $2.38B | $2.11B | $2.2B | $7.41B | $501.83M | $392.45M | $219M | $199.91M | $144.47M | $65.74M | $63.67M | $53.52M | $66.2M | $58.8M |
| Total Long-Term Assets | $79.46B | $70.5B | $58.8B | $54.46B | $46.26B | $41.78B | $37.42B | $34.93B | $31.53B | $29.25B | $26.92B | $24.74B | $20.68B | $18.09B | $17.25B | $19.07B | $19.09B | $11.26B | $11.54B | $10.51B | $8.04B | $5.88B | $3.88B | $2.93B | $2.55B | $2.37B | $2.08B | $1.87B |
| Other Assets | $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 |
| Total Assets | $80.43B | $75.98B | $69.61B | $64.11B | $60.87B | $52.16B | $44.2B | $41.04B | $37.12B | $34.79B | $32.35B | $28.74B | $24.73B | $22.54B | $21.97B | $20.7B | $20.56B | $12.42B | $11.85B | $10.82B | $8.28B | $6.03B | $4.06B | $3.32B | $2.83B | $2.49B | $2.15B | $2.06B |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $92.72M | $101.07M | $102.88M | $83.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $3B | $125.24M | $4.5B | $300M | $300M | $321.01M | $228.67M | $107.64M | $50M | $410.05M | $0 | $795M | $995M | $1.01B | $1.02B | $1.14B | $1.1B | $1.01B | $1.22B | $1.13B | $1.04B | $648.12M | $12M | $34M | $104M | $38M | $468.6M | $324M |
| Current Income Tax Payable | $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 |
| Current Unearned 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 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $63.05B | $56.09B | $55.97B | $53.35B | $44.86B | $37.32B | $35.44B | $31.62B | $29.89B | $27.48B | $24.01B | $20.41B | $18.31B | $17.45B | $15.64B | $14.99B | $8.14B | $7.28B | $7.24B | $6.26B | $4.52B | $3.31B | $2.93B | $2.42B | $1.95B | $1.5B | $1.29B |
| Total Current Liabilities | $3B | $63.26B | $60.69B | $57.98B | $54.63B | $46.08B | $38.28B | $36.15B | $32.18B | $30.85B | $28B | $25.34B | $21.82B | $19.68B | $18.79B | $17.06B | $16.19B | $9.37B | $8.6B | $8.46B | $7.38B | $5.17B | $3.32B | $2.96B | $2.52B | $1.99B | $1.97B | $1.62B |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $35.65M | $3.54B | $153.01M | $152.4M | $401.33M | $804.35M | $898.18M | $473.01M | $495.47M | $507.97M | $1.23B | $543.09M | $541.96M | $450.15M | $667.43M | $1.45B | $2.04B | $1.59B | $2.06B | $1.33B | $779.61M | $281.18M | $315.19M | $20.75M | $20.75M | $288.75M | $15.5M | $273.8M |
| Long-Term Unearned 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 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $92.34M | $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 Long-Term Liabilities | $68.27B | $1.45B | $1.81B | $0 | $0 | $0 | $0 | $0 | $605.11M | $0 | $0 | $0 | $0 | $28.61M | $198.77M | $73.8M | $40.55M | -$87.18M | $15.94M | $8.13M | -$620.44M | $62.76M | $53.59M | $2.1M | $38.16M | $24.51M | $17.9M | $16.7M |
| Total Long-Term Liabilities | $68.54B | $4.99B | $1.97B | $152.4M | $401.33M | $804.35M | $898.18M | $473.01M | $1.1B | $507.97M | $1.23B | $543.09M | $541.96M | $478.76M | $866.2M | $1.52B | $2.08B | $1.5B | $2.08B | $1.34B | $159.17M | $343.93M | $368.78M | $59.02M | $58.91M | $313.26M | $33.4M | $290.5M |
| Other Liabilities | $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 |
| Total Liabilities | $71.54B | $68.25B | $62.66B | $58.13B | $55.03B | $46.89B | $39.18B | $36.62B | $33.28B | $31.36B | $29.23B | $25.89B | $22.37B | $20.15B | $19.66B | $18.59B | $18.27B | $10.87B | $10.68B | $9.8B | $7.54B | $5.51B | $3.69B | $3.02B | $2.58B | $2.3B | $2B | $1.91B |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $83.03M | $83.03M | $83.06M | $693.8M | $472.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $170K | $170K | $169K | $168K | $168K | $167K | $167K | $166K | $165K | $164K | $164K | $164K | $163K | $157K | $157K | $156K | $117K | $70K | $70K | $66K | $61K | $57K | $54K | $27K | $26K | $25K | $0 | $0 |
| Retained Earnings | $8.3B | $7.31B | $6.47B | $5.58B | $4.68B | $4B | $3.69B | $3.16B | $2.58B | $2.19B | $1.87B | $1.6B | $1.36B | $1.15B | $934.62M | $720.12M | $604.22M | $572.17M | $657.18M | $525.25M | $393.85M | $296.18M | $228.24M | $178.87M | $135.76M | $99.76M | $67M | $41.7M |
| Comprehensive Income & Other | -$345.61M | -$585.26M | -$620.6M | -$765.63M | -$90.38M | $44.33M | -$18.41M | -$58.17M | -$37.52M | -$48.15M | -$14.94M | $4.24M | -$30.46M | $4.67M | -$33.94M | -$12.41M | $599K | -$86.49M | -$38.8M | -$10.09M | -$10.87M | -$5.43M | -$1.82M | $3.27M | -$743K | -$8.62M | -$13.6M | -$900K |
| Other Stockholders' Equity | $597.51M | $411.34M | $485.44M | $401.9M | $1.15B | $1.27B | $1.33B | $1.26B | $1.27B | $1.24B | $1.25B | $1.25B | $1B | $1.23B | $1.38B | $1.39B | $1.68B | $978.52M | $514.57M | $494.08M | $340.23M | $218.08M | $133.69M | $123.22M | $108.62M | $86.36M | $83.1M | $109.1M |
| Total Equity | $8.9B | $7.72B | $6.95B | $5.98B | $5.84B | $5.27B | $5.02B | $4.42B | $3.84B | $3.43B | $3.12B | $2.86B | $2.36B | $2.38B | $2.31B | $2.11B | $2.28B | $1.55B | $1.17B | $1.02B | $734.14M | $514.31M | $361.98M | $302.12M | $244.41M | $186.15M | $150.1M | $150.8M |
| Minority Interest | $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 |
| Total Liabilities and Equity | $80.43B | $75.98B | $69.61B | $64.11B | $60.87B | $52.16B | $44.2B | $41.04B | $37.12B | $34.79B | $32.35B | $28.74B | $24.73B | $22.54B | $21.97B | $20.7B | $20.56B | $12.42B | $11.85B | $10.82B | $8.28B | $6.03B | $4.06B | $3.32B | $2.83B | $2.49B | $2.15B | $2.06B |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $3.17B | $3.75B | $4.76B | $564.33M | $806.86M | $1.23B | $1.23B | $580.64M | $545.47M | $918.02M | $1.23B | $1.34B | $1.54B | $1.47B | $1.69B | $2.59B | $3.14B | $2.6B | $3.28B | $2.46B | $1.82B | $929.3M | $327.19M | $90.92M | $124.75M | $326.75M | $484.1M | $597.8M |
| Net Debt | $2.52B | -$1.55B | $129.88M | -$3.06B | -$3.84B | -$3.6B | -$2.22B | -$2.79B | -$2.03B | -$1.28B | -$435.3M | $298.2M | $594.22M | $85.76M | $189.26M | $1.26B | $2.04B | $1.72B | $3.12B | $2.27B | $1.67B | $836.12M | $185.01M | -$204.35M | -$99.58M | $263.7M | $440.6M | $436.7M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | $1.33B | $1.17B | $1.16B | $1.13B | $872.98M | $567.8M | $674.03M | $703.7M | $505.62M | $431.68M | $384.68M | $345.88M | $293.32M | $281.65M | $245.23M | $164.56M | $76.64M | -$49.68M | $161.17M | $143.37M | $108.38M | $78.02M | $58.99M | $49.49M | $38.78M | $35.47M | $28M | $18M |
| Depreciation & Amortization | $213.16M | $198.45M | $163.46M | $159.85M | $156.79M | $119.91M | $144.18M | $139.5M | $149.82M | $137.58M | $88.73M | $117.48M | $79.87M | $82.54M | $67.46M | $57.59M | $81.9M | $18.1M | $13.87M | $7.89M | $10.33M | $11.46M | $12.14M | $10.45M | $9.45M | $8.75M | $4.1M | $4.6M |
| Deferred Income Tax | -$7.78M | -$14.28M | -$49.14M | -$43.99M | $4.76M | -$41.52M | -$21.6M | -$16.47M | $33.86M | $26.97M | $261.21M | -$147.87M | -$42.84M | -$12.65M | $189.5M | $12.38M | $127.13M | -$83.64M | -$17.5M | -$14.47M | -$10.98M | -$1.99M | -$3.24M | -$5.52M | $2.15M | -$794K | -$2.5M | -$1.7M |
| Stock-Based Compensation | $76.19M | $45.53M | $39.87M | $37.6M | $32.57M | $29.24M | $30.76M | $30.94M | $24.66M | $22.1M | $16.5M | $13.88M | $13.55M | $12.67M | $13.54M | $8.76M | $5.55M | $6.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||
| Accounts Receivable | -$97.31M | $63.74M | -$146.27M | $187.51M | $124.5M | -$340.57M | -$172.51M | -$60.79M | $45.35M | $23.2M | -$117.05M | -$89.04M | $53.41M | -$35.06M | -$146.91M | $87.01M | -$143.97M | $22.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $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 |
| Accounts Payable | $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 Working Capital | -$167.97M | -$242.44M | $105.3M | $461.38M | -$63.36M | $136.26M | $6.01M | $88.07M | -$1.97M | $15.35M | $16.79M | -$38.59M | $57.53M | $15.09M | -$233.87M | $157.28M | -$39.5M | -$22.64M | $70.27M | -$9.67M | $19.71M | -$16.74M | -$3.13M | -$32.99M | $11.27M | -$23.58M | -$300K | -$11M |
| Total Working Capital Change | -$265.28M | -$178.7M | -$40.97M | $648.9M | $61.14M | -$204.31M | -$166.49M | $27.28M | $43.39M | $38.56M | -$100.26M | -$127.62M | $110.93M | -$19.98M | -$380.78M | $244.28M | -$183.46M | $214K | $70.27M | -$9.67M | $19.71M | -$16.74M | -$3.13M | -$32.99M | $11.27M | -$23.58M | -$300K | -$11M |
| Other Non-Cash Items | $160.21M | $195.08M | $150.53M | $135.58M | $40.18M | $221.52M | $72.27M | -$1.77M | -$54.07M | -$6.7M | -$181.24M | $191.14M | -$29M | -$56.7M | $120.36M | $381.62M | $47.52M | $291.26M | -$4.28M | -$5.65M | $16.75M | $16.74M | $8.99M | $10.56M | $5.97M | $3.35M | $10.3M | $5.2M |
| Net Cash from Operating | $1.5B | $1.41B | $1.42B | $2.07B | $1.17B | $692.64M | $733.14M | $883.17M | $703.27M | $650.18M | $469.62M | $392.9M | $425.85M | $287.53M | $255.32M | $869.2M | $155.28M | $182.42M | $223.53M | $121.47M | $144.19M | $87.48M | $73.75M | $32M | $67.62M | $23.19M | $39.6M | $15.1M |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | -$6.02M | -$2.66M | -$9.86M | -$13.79M | -$13.75M | -$12.18M | -$6.55M | -$11.85M | -$88.11M | -$10.28M | -$10.51M | -$90.93M | -$179K | -$3.69M | -$5.23M | -$8.66M | -$12.56M | -$4.94M | -$3.49M | -$1.41M | -$4.95M | -$3.62M | -$1.5M | -$1.4M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$503.69M | $3.63M | $0 | $0 | $138.47M | $0 | $0 | -$29.54M | $67.19M | $599.04M | -$1.18M | -$7.34M | $98.35M | $0 | $16.46M | $3.71M | $0 | $0 | $549K | $0 | $0 |
| Purchases of Investments | -$7.29B | -$7.6B | -$1.55B | -$1.12B | -$6.78B | -$4.76B | -$2.3B | -$888.67M | -$828.6M | -$2.4B | -$3.55B | -$960.13M | -$1.32B | -$2.2B | -$2.75B | -$4.25B | -$2.56B | -$2.93B | -$998.86M | -$1.93B | -$508.72M | -$495.54M | -$232.66M | -$451.29M | -$196.31M | -$46.19M | -$420.6M | -$902.1M |
| Sales of Investments | $4.9B | $3.03B | $1.54B | $1.1B | $2.07B | $2.6B | $1.78B | $1.11B | $1.25B | $2.78B | $2.4B | $1.18B | $1.22B | $2.35B | $2.57B | $4.01B | $3.13B | $2.42B | $1.84B | $1.86B | $449.12M | $443.89M | $303.01M | $720K | $176.23M | $156.65M | $594.8M | $612.2M |
| Other Investing Activities | -$3.09B | -$1.73B | -$4.23B | -$4.56B | -$4.41B | -$4.71B | -$2.06B | -$3.53B | -$2.91B | -$2.17B | -$2.48B | -$2.7B | -$2.55B | -$899.66M | -$855.34M | $358.46M | $287.93M | $382.52M | -$1.34B | -$1.54B | -$1.15B | -$1.72B | -$813.33M | $54.35M | -$46.89M | -$224.04M | -$404.3M | -$212.5M |
| Net Cash from Investing | -$5.48B | -$6.3B | -$4.25B | -$4.58B | -$9.12B | -$6.87B | -$2.59B | -$3.83B | -$2.51B | -$1.8B | -$3.63B | -$2.36B | -$2.73B | -$758.9M | -$1.07B | $93.23M | $1.46B | -$132.68M | -$518.9M | -$1.52B | -$1.22B | -$1.76B | -$742.75M | -$397.62M | -$71.92M | -$116.66M | -$231.6M | -$503.8M |
| Financing Activities | ||||||||||||||||||||||||||||
| Debt Repaid | $836K | -$3.38B | $871K | $250.94M | $406.21M | $96.07M | -$417.12M | $25M | $15M | $720M | -$680M | $40.31M | -$89.69M | $224.05M | $784.19M | $648.31M | - | $105.64M | -$723.46M | -$470.55M | $149.94M | -$579.62M | -$253.7M | $71.5M | $164M | $194.78M | $84.3M | -$350.4M |
| Common Stock Issuance | $3.21M | $0 | $0 | $0 | $0 | $0 | $3.38M | $2.85M | $2.28M | $2.08M | $2.83M | $6.79M | $3.05M | $3.82M | $5.73M | $4.45M | $273.73M | $2.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$115.59M | -$157.96M | -$105.92M | -$119.08M | -$15.7M | -$154.22M | -$14.63M | -$15.63M | -$12.94M | -$3.23M | -$5.96M | -$10.33M | -$213.82M | -$202.96M | -$649K | -$306.55M | -$20.75M | -$306K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$334.04M | -$308.48M | -$274.55M | -$228.38M | -$188.76M | -$158.22M | -$155.11M | -$125.99M | -$116.82M | -$115.83M | -$115.64M | -$103.62M | -$86.29M | -$64.22M | -$30.68M | -$5.54M | -$3.59M | -$25.38M | -$24.6M | -$11.97M | -$10.71M | -$10.09M | -$9.62M | -$6.38M | -$2.78M | -$2.7M | -$2.7M | $0 |
| Other Financing Activities | $3.84B | $7.11B | -$156.2M | $2.71B | $8.47B | $7.33B | $1.91B | $3.91B | $2.27B | $2.46B | $2.93B | $2.27B | $2.11B | $860.63M | $1.8B | $258.06M | $325.21M | $862.63M | -$455.42M | $259.57M | $870.91M | $1.02B | $251.41M | $508.38M | $371.34M | $276.6M | $208.3M | $57.9M |
| Net Cash from Financing | $2.9B | $5.53B | $3.96B | $2.11B | $7.84B | $6.91B | $2.13B | $3.8B | $2.07B | $1.68B | $3.49B | $2.11B | $1.88B | $364.2M | $914.21M | -$729.67M | -$1.39B | $668.77M | $263.16M | $1.44B | $1.14B | $1.62B | $515.31M | $436.56M | $165.59M | $113.02M | $74.4M | $302.3M |
| Forex Effect | $1.35B | -$8.23M | -$7M | -$28.49M | $8.7M | $29.01M | -$6.38M | -$24.78M | $31.18M | -$11.94M | -$11.05M | $0 | $0 | -$900K | -$1.07M | $2.11M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $269.08M | $635.76M | $1.13B | -$431.15M | -$105.04M | $756.82M | $259.77M | $826.78M | $296.09M | $517.62M | $321M | $144.06M | -$427.29M | -$108.08M | $97.24M | $234.87M | $220.23M | $718.51M | -$32.21M | $41.37M | $58.12M | -$48.51M | -$153.68M | $70.94M | $161.29M | $19.55M | -$117.6M | -$347.6M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Operating Cash Flow | $1.5B | $1.41B | $1.42B | $2.07B | $1.17B | $693.33M | $735.83M | $883.17M | $696.91M | $650.18M | $469.62M | $392.9M | $425.85M | $287.53M | $255.32M | $869.2M | $155.28M | $182.42M | $223.53M | $121.47M | $144.19M | $87.48M | $73.75M | $32M | $67.62M | $23.19M | $39.6M | $15.1M |
| Capital Expenditure | $0 | $0 | $0 | $0 | -$6.02M | -$2.66M | -$9.86M | -$13.79M | -$13.75M | -$12.18M | -$6.55M | -$11.85M | -$88.11M | -$10.28M | -$10.51M | -$90.93M | -$179K | -$3.69M | -$5.23M | -$8.66M | -$12.56M | -$4.94M | -$3.49M | -$1.41M | -$4.95M | -$3.62M | -$1.5M | -$1.4M |
| Free Cash Flow | $1.5B | $1.41B | $1.42B | $2.07B | $1.16B | $690.67M | $725.97M | $869.38M | $683.15M | $638M | $463.07M | $392.9M | $337.74M | $277.25M | $244.81M | $778.26M | $155.1M | $178.73M | $218.3M | $112.81M | $131.63M | $82.55M | $70.26M | $30.59M | $62.67M | $19.58M | $38.1M | $13.7M |
| Cash at Beginning | $394.92M | $4.61B | $3.48B | $3.91B | $4.02B | $3.26B | $3B | $2.17B | $1.88B | $1.36B | $1.04B | $895.82M | $1.32B | $1.43B | $1.33B | $1.1B | $878.85M | $160.35M | $192.56M | $151.19M | $93.08M | $141.59M | $295.27M | $224.33M | $63.05M | $43.5M | $161.1M | $347.6M |
| Cash at End | $664M | $5.25B | $4.61B | $3.48B | $3.91B | $4.02B | $3.26B | $3B | $2.17B | $1.88B | $1.36B | $1.04B | $895.82M | $1.32B | $1.43B | $1.33B | $1.1B | $878.85M | $160.35M | $192.56M | $151.19M | $93.08M | $141.59M | $295.27M | $224.33M | $63.05M | $43.5M | $649.9M |