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CAPITAL ONE FINANCIAL CORP (COF-PI)

Capital One Financial Corporation functions as the parent company for Capital One Bank (USA), National Association, and Capital One, National Association, delivering a comprehensive array of financial products and services across the United States, Canada, and the United Kingdom. The company's business activities are structured into three main divisions: Credit Card, Consumer Banking, and Commercial Banking. It provides various deposit accounts, including checking, money market, negotiable order of withdrawal, savings, and time deposits. Its lending offerings span credit card loans, auto and retail banking loans, as well as commercial and multifamily real estate and industrial loans. Furthermore, Capital One supplies credit and debit card products, direct online banking solutions, and treasury management alongside depository services. The corporation caters to a diverse clientele, including individual consumers, small enterprises, and large commercial organizations, reaching them through digital platforms, physical branches, cafés, and other distribution networks located notably in New York, Louisiana, Texas, Maryland, Virginia, New Jersey, and California. Capital One Financial Corporation was established in 1988 and is headquartered in McLean, Virginia.

Sector: National Commercial Banks

Industry: Financial - Credit Services

Capital One Financial Corporation logo

Capital One Financial Corporation

NYSE:COF-PISub-class of COFFinancial Services
Mkt Cap$121.43B
Float606.58M
O/S601.53M
Inst Own-
Dilution
Financials Summary
Revenue$69.25B
Net Income$2.45B
Total Assets$669.01B
Free Cash Flow$26.14B
Debt & Equity
Debt 31%
Equity 69%
Total Debt$51B
Total Equity$113.62B
Shares Outstanding
Short Interest
Split History

No splits on record

Nothing in COF-PI's public trading history: no forward or reverse split has affected the share count.

Balance Sheet Details
Assets$669.01B
Liabilities$555.39B
Accounts Receivable$3.49B
Accounts Payable$844M
Inventory$0
PP&E (Net)$5.6B
Goodwill$28.51B
Intangible Assets$16.58B
Income Statement
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012FY 2011FY 2010FY 2009FY 2008FY 2007FY 2006FY 2005FY 2004FY 2003FY 2002FY 2001FY 2000FY 1999FY 1998FY 1997FY 1996FY 1995FY 1994
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-311997-12-311996-12-311995-12-311994-12-31
Revenue$69.25B$53.94B$49.48B$38.37B$32.03B$31.64B$33.77B$31.88B$30B$27.52B$25.04B$23.87B$24.18B$23.18B$18.52B$19.07B$15.95B$17.8B$19.03B$15.17B$12.08B$10.66B$9.78B$9.65B$7.38B$5.52B$3.97B$2.6B$1.79B$1.42B$1.01B$655.6M
YoY Growth28.4%9.0%29.0%19.8%1.2%-6.3%5.9%6.3%9.0%9.9%4.9%-1.3%4.3%25.1%-2.8%19.5%-10.4%-6.4%25.5%25.5%13.3%9.0%1.4%30.6%33.8%39.2%52.5%45.5%25.5%40.9%54.1%-
Cost of Revenue$36.47B$26.54B$23.12B$9.97B-$346M$13.38B$11.41B$10.16B$10.31B$8.48B$6.16B$5.12B$5.25B$6.79B$4.61B$6.8B$7.2B$9.06B$7.18B$4.55B$3.54B$3.01B$3.1B$3.61B$2.29B$1.61B$923.8M$683.8M$597.7M$462.2M$315.3M$124.4M
Gross Profit$32.78B$27.4B$26.36B$28.4B$32.38B$18.26B$22.36B$21.72B$19.69B$19.04B$18.88B$18.75B$18.93B$16.39B$13.92B$12.26B$8.75B$8.74B$11.84B$10.62B$8.55B$7.65B$6.68B$6.04B$5.09B$3.91B$3.04B$1.92B$1.19B$961.7M$695.1M$531.2M
Gross Margin47.3%50.8%53.3%74.0%101.1%57.7%66.2%68.1%65.6%69.2%75.4%78.5%78.3%70.7%75.1%64.3%54.9%49.1%62.2%70.0%70.7%71.8%68.3%62.6%69.0%70.8%76.7%73.7%66.6%67.5%68.8%81.0%
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$0$0$0$0
Selling, General, and Administrative$18.36B$13.96B$13.31B$12.44B$10.29B$8.41B$8.66B$7.9B$7.57B$7.01B$6.72B$6.15B$5.85B$5.36B$4.36B$3.55B$3.57B$3.97B$4.47B$4.13B$3.49B$3.33B$2.69B$2.63B$2.48B$1.93B$1.51B$922.7M$289.3M$215.2M$135.8M$94.7M
Other$12.14B$7.53B$7B$6.72B$6.28B$6.64B$6.82B$6.5B$6.63B$6.54B$6.28B$6.03B$6.5B$5.85B$4.97B$4.38B$3.85B$4.18B$3.5B$2.81B$2.23B$1.96B$2.17B$1.96B$1.58B$1.22B$952.96M$549.5M$594.6M$498M$361.6M$289.7M
Total Operating Expenses$30.5B$21.49B$20.32B$19.16B$16.57B$15.06B$15.48B$14.4B$14.19B$13.56B$13B$12.18B$12.35B$11.2B$9.33B$7.93B$7.42B$8.16B$7.97B$6.94B$5.72B$5.29B$4.86B$4.59B$4.06B$3.15B$2.47B$1.47B$883.9M$713.2M$497.4M$384.4M
Operating Income (EBIT)$2.28B$5.91B$6.04B$9.24B$15.81B$3.2B$6.87B$7.32B$5.49B$5.48B$5.88B$6.57B$6.58B$5.18B$4.59B$4.33B$1.34B$582M$3.87B$3.67B$2.83B$2.36B$1.83B$1.45B$1.04B$757.47M$577M$443.9M$305.5M$248.5M$197.7M$146.8M
Operating Margin3.3%11.0%12.2%24.1%49.4%10.1%20.4%23.0%18.3%19.9%23.5%27.5%27.2%22.4%24.8%22.7%8.4%3.3%20.3%24.2%23.4%22.1%18.7%15.0%14.0%13.7%14.5%17.1%17.1%17.5%19.6%22.4%
Interest Expense$15.82B$14.83B$12.7B$4.12B$1.6B$3.12B$5.17B$4.3B$2.76B$2.02B$1.63B$1.58B$1.79B$2.38B$2.25B$2.9B$2.97B$3.96B$4.55B$3.07B$2.05B$1.79B$1.58B$1.46B$1.17B$801.02M$540.9M$416.8M$334.9M$295M$249.4M$93.7M
Interest Income$58.7B$46.03B$41.94B$31.24B$25.77B$26.03B$28.51B$27.18B$25.22B$22.89B$20.46B$19.4B$19.9B$18.96B$14.99B$15.35B$10.66B$11.11B$11.08B$8.16B$5.73B$4.79B$4.37B$4.18B$2.92B$2.45B$1.59B$1.11B$718M$660.5M$457.4M$258.7M
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$0$0$0$0
Income Before Tax (EBT)$2.28B$5.91B$6.04B$9.24B$15.81B$3.2B$6.87B$7.32B$5.49B$5.48B$5.88B$6.57B$6.58B$5.18B$4.59B$4.33B$1.34B$582M$3.87B$3.67B$2.83B$2.36B$1.83B$1.45B$1.04B$757.47M$577M$443.9M$305.5M$248.5M$197.7M$146.8M
Income Tax Expense$193M$1.16B$1.16B$1.88B$3.42B$486M$1.34B$1.29B$3.38B$1.71B$1.87B$2.15B$2.22B$1.48B$1.33B$1.28B$349M$497M$1.28B$1.25B$1.02B$816.58M$675.91M$551.39M$393.45M$287.84M$213.9M$168.7M$116.1M$93.2M$71.2M$51.6M
Net Income$2.45B$4.75B$4.89B$7.36B$12.39B$2.71B$5.55B$6.01B$1.98B$3.75B$4.05B$4.43B$4.34B$3.72B$3.15B$2.74B$883.78M-$46M$1.57B$2.41B$1.81B$1.54B$1.14B$899.64M$641.97M$469.63M$363.1M$275.2M$189.4M$155.3M$126.5M$95.2M
Net Income Margin3.5%8.8%9.9%19.2%38.7%8.6%16.4%18.9%6.6%13.6%16.2%18.6%17.9%16.0%17.0%14.4%5.5%-0.3%8.3%15.9%15.0%14.5%11.6%9.3%8.7%8.5%9.2%10.6%10.6%10.9%12.5%14.5%
Supplementary Data
EPS4.0311.6111.9817.9127.045.1911.1011.903.526.967.157.717.056.216.856.070.75-0.214.027.806.986.555.054.093.062.391.841.400.960.770.640.48
Diluted EPS4.0311.5911.9517.9126.945.1811.0512.453.496.897.077.596.966.166.806.010.74-0.213.977.626.736.214.853.932.912.241.721.320.930.770.640.48
Weighted Average OS540.70M382.70M382.40M393.20M442.50M457.80M467.60M479.90M484.20M504.90M541.80M563.10M579.70M561.10M455.50M452.10M428.15M376.00M390.29M309.58M259.16M235.61M224.92M219.96M209.79M196.50M197.34M196.57M197.98M201.69M197.66M198.33M
EBITDA$7.54B$9.15B$9.27B$12.45B$19.29B$6.7B$10.21B$9.71B$7.93B$7.91B$7.98B$8.57B$8.64B$7.05B$5.17B$4.85B$2.02B$1.27B$4.55B$4.21B$3.25B$2.74B$2.21B$1.83B$1.37B$1B$749.6M$552.1M$352.1M$290.4M$235.1M$166.7M
EBITDA Margin10.9%17.0%18.7%32.4%60.2%21.2%30.2%30.5%26.4%28.8%31.9%35.9%35.8%30.4%27.9%25.4%12.7%7.2%23.9%27.8%26.9%25.7%22.6%19.0%18.6%18.2%18.9%21.2%19.7%20.4%23.3%25.4%
Balance Sheet
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012FY 2011FY 2010FY 2009FY 2008FY 2007FY 2006FY 2005FY 2004FY 2003FY 2002FY 2001FY 2000FY 1999FY 1998FY 1997FY 1996FY 1995FY 1994
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-311997-12-311996-12-311995-12-311994-12-31
Assets
Current Assets
Cash and Cash Equivalents$57.43B$43.23B$43.3B$30.86B$21.75B$40.51B$13.41B$13.19B$14.04B$9.98B$7.98B$7.24B$5.95B$11.06B$5.5B$4.84B$8.14B$6.85B$3.05B$3.56B$2.77B$637.52M$969.96M$544.95M$687.44M$176.11M$246.5M$300.2M$237.7M$529M$872.5M$406.9M
Short-Term Investments$4.27B$3.85B$79.12B$76.92B$95.26B$100.44B$79.21B$46.15B$37.66B$40.74B$39.1B$39.51B$42.14B$63.98B$39.1B$41.94B$39.37B$31.64B$21.55B$16.55B$15.55B$773.7M$1.01B$373.83M$19.8M$60.6M$0$0$0$0$0$99.1M
Cash and Short-Term Investments$61.71B$47.08B$122.41B$107.78B$117.01B$140.95B$92.62B$59.34B$51.7B$50.71B$47.12B$46.75B$48.09B$75.04B$44.6B$46.79B$47.52B$38.49B$24.6B$20.11B$18.32B$1.41B$1.98B$918.78M$707.24M$236.71M$246.5M$300.2M$237.7M$529M$872.5M$506M
Accounts Receivable$3.49B$2.53B$2.48B$2.1B$1.46B$1.47B$1.76B$1.61B$1.54B$1.35B$1.19B$1.08B$1.42B$1.69B$1.03B$1.07B$8.06B$7.17B$5.56B$5.41B$5.47B$4.33B$0$3.31B$2.56B$1.23B$726.5M$886M$51.9M$78.6M$55.6M$14.6M
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$0$0$0$0
Other Current Assets$4.66B$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
Total Current Assets$69.86B$49.62B$124.89B$109.88B$118.47B$142.43B$94.38B$60.95B$53.23B$52.06B$48.31B$47.83B$49.51B$76.73B$45.63B$47.86B$55.58B$45.67B$30.16B$25.52B$23.78B$5.75B$6.94B$4.74B$3.27B$1.46B$973M$1.19B$289.6M$607.6M$928.1M$520.6M
Long-Term Assets
Property, Plant & Equipment Net$5.6B$4.51B$4.38B$4.35B$4.21B$4.29B$4.38B$4.19B$4.03B$3.67B$3.58B$3.69B$3.84B$3.59B$2.75B$2.75B$2.74B$2.31B$2.3B$2.2B$1.19B$817.7M$902.6M$770.33M$759.68M$664.46M$470.7M$242.1M$162.7M$174.7M$139.1M$99.7M
Goodwill$28.51B$15.06B$15.06B$14.78B$14.78B$14.65B$14.65B$14.54B$14.53B$14.52B$14.48B$13.98B$13.98B$13.9B$13.59B$13.59B$13.6B$11.96B$12.83B$13.64B$3.91B$352.16M$0$0$0$0$0$0$0$0$0$0
Intangible Assets$16.58B$0$0$0$111M$90M$474M$528M$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 Investments$517.75B$390.88B$306.03B$299.29B$271.8B$254.33B$266.21B$283.86B$284.43B$272.34B$255.37B$231.44B$216.55B$206.1B$136.09B$126.29B$90.97B$101.09B$102.12B$106.95B$60.05B$47.52B$38.72B$31.77B$24.04B$16.81B$11.77B$7.95B$6.1B$5.21B$2.93B$2.24B
Deferred Tax 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$0$0$0$0
Other Long-Term Assets$30.71B$30.08B$28.1B$26.95B$23.01B$5.81B$10.27B$8.99B$9.47B$14.43B$12.3B$11.23B$13.06B$12.6B$7.96B$7.01B$6.77B$4.88B$3.18B$1.43B-$225.89M-$683.99M-$279.33M$101.61M$122.21M-$47.93M$122.8M$37.2M$521.6M$476.2M$757.4M$229.8M
Total Long-Term Assets$599.15B$440.53B$353.57B$345.37B$313.91B$279.18B$295.99B$311.59B$312.46B$304.97B$285.74B$260.34B$247.42B$236.19B$160.39B$149.65B$114.07B$120.25B$120.43B$124.22B$64.92B$48B$39.34B$32.64B$24.92B$17.43B$12.36B$8.23B$6.79B$5.86B$3.83B$2.57B
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$0$0$0$0
Total Assets$669.01B$490.14B$478.46B$455.25B$432.38B$421.6B$390.37B$372.54B$365.69B$357.03B$334.05B$308.85B$297.05B$312.92B$206.02B$197.5B$169.65B$165.91B$150.59B$149.74B$88.7B$53.75B$46.28B$37.38B$28.18B$18.89B$13.34B$9.42B$7.08B$6.47B$4.76B$3.09B
Liabilities
Current Liabilities
Accounts Payable$844M$666M$649M$527M$281M$352M$439M$458M$413M$327M$299M$254M$307M$450M$466M$488M$509M$676.4M$631.61M$574.76M$371.68M$237.23M$256.01M$236.08M$188.16M$122.66M$116.4M$91.6M$68.4M$80.4M$73.9M$9.3M
Short-Term Debt$1.09B$562M$538M$883M$820M$668M$7.31B$9.4B$9.19B$18.17B$21.08B$880M$915M$1.25B$12.5B$10.17B$10.19B$9.14B$7.52B$6.38B$2.21B$6.29B$4.07B$6.37B$4B$2.93B$3.08B$1.64B$796.1M$531M$809.8M$2.01B
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$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$0$0$0$0
Other Current Liabilities$475.77B$362.71B$348.41B$332.99B$310.98B$305.44B$262.7B$249.76B$243.7B$236.77B$217.72B$205.55B$204.52B$212.49B$128.23B$122.21B$115.81B$108.62B$82.76B$85.77B$47.93B$25.64B$22.42B$17.33B$12.84B$8.38B$3.78B$2B$1.31B$943M$696M$452.2M
Total Current Liabilities$477.7B$363.94B$349.6B$334.4B$312.08B$306.46B$270.45B$259.62B$253.3B$255.27B$239.1B$206.68B$205.75B$214.18B$141.19B$132.87B$126.5B$118.44B$90.92B$92.73B$50.52B$32.17B$26.74B$23.93B$17.02B$11.43B$6.98B$3.74B$2.18B$1.55B$1.58B$2.47B
Long-Term Liabilities
Long-Term Debt$49.89B$44.99B$49.32B$47.83B$42.21B$39.8B$48.28B$49.5B$51.1B$42.29B$38B$47.58B$39.74B$48.66B$38.1B$40.28B$19.87B$23.18B$30B$27.6B$20.07B$10.22B$10.74B$5.57B$5.34B$4.05B$3.88B$3.84B$3.73B$3.99B$2.49B$54M
Long-Term Unearned Revenue$0$0$0$0$0$0$0-$1.29B-$1.21B$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$0$0$0$0$0$0$0$1.29B$1.21B$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$27.78B$20.44B$21.46B$20.4B$17B$15.06B$13.52B$11.74B$12.57B$11.93B$9.63B$8.86B$9.82B$9.57B-$2.93B-$2.18B-$3.32B-$2.32B$5.38B$4.18B$3.99B$2.97B$2.75B$3.27B$2.5B$1.45B$959.6M$575.8M$276.3M$178.4M$88.5M$93.2M
Total Long-Term Liabilities$77.69B$65.42B$70.78B$68.27B$59.27B$54.94B$61.9B$61.25B$63.66B$54.25B$47.66B$56.43B$49.56B$58.24B$35.16B$38.1B$16.55B$20.86B$35.38B$31.77B$24.06B$13.19B$13.49B$8.83B$7.84B$5.5B$4.84B$4.41B$4.01B$4.17B$2.58B$147.2M
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$0$0$0$0
Total Liabilities$555.39B$429.36B$420.38B$402.67B$371.35B$361.4B$332.35B$320.87B$316.96B$309.52B$286.76B$263.8B$255.3B$272.42B$176.35B$170.96B$143.06B$139.3B$126.3B$124.5B$74.57B$45.36B$40.23B$32.76B$24.86B$16.93B$11.82B$8.15B$6.18B$5.73B$4.16B$2.62B
Stockholders' Equity
Preferred Stock$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$3.1B$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Common Stock$7M$7M$7M$7M$7M$7M$7M$7M$7M$7M$6M$6M$6M$6M$5M$5M$5.02M$4.38M$4.19M$4.12M$3.03M$2.48M$2.36M$2.27M$2.18M$2M$2M$0$0$0$0$0
Retained Earnings$65.19B$64.5B$60.95B$57.18B$51.01B$40.09B$40.34B$35.88B$30.7B$29.77B$27.05B$23.97B$20.4B$16.85B$13.46B$10.41B$10.73B$10.62B$11.27B$9.76B$7.38B$5.6B$4.08B$2.97B$2.09B$1.47B$1.02B$679.8M$427.7M$258.3M$128.7M$11.1M
Comprehensive Income & Other-$5.47B-$9.29B-$8.27B-$9.92B$374M$3.49B$1.16B-$1.26B-$926M-$949M-$616M-$430M-$872M$739M$169M$248M$82.65M-$1.22B$315.25M$266.18M$6.13M$144.76M$83.16M-$15.57M-$84.6M$2.92M-$31.3M$0$0$0$0$0
Other Stockholders' Equity$48.42B-$3.73B-$2.86B-$4.61B$10.02B$20.11B$17.66B$15.79B$18.02B$17.74B$20.23B$21.07B$21.33B$23.64B$16.2B$16.13B$15.86B$15.99B$13.02B$15.47B$6.75B$2.79B$1.97B$1.65B$1.23B$489.41M$491.3M$590.6M$465.6M$482.1M$470.5M$463.5M
Total Equity$113.62B$60.78B$58.09B$52.58B$61.03B$60.2B$58.01B$51.67B$48.73B$47.51B$47.28B$45.05B$41.74B$40.5B$29.67B$26.54B$26.59B$26.61B$24.29B$25.24B$14.13B$8.39B$6.05B$4.62B$3.32B$1.96B$1.52B$1.27B$893.3M$740.4M$599.2M$474.6M
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$0$0$0$0
Total Liabilities and Equity$669.01B$490.14B$478.46B$455.25B$432.38B$421.6B$390.37B$372.54B$365.69B$357.03B$334.05B$308.85B$297.05B$312.92B$206.02B$197.5B$169.65B$165.91B$150.59B$149.74B$88.7B$53.75B$46.28B$37.38B$28.18B$18.89B$13.34B$9.42B$7.08B$6.47B$4.76B$3.09B
Supplementary Data
Total Debt$51B$45.55B$49.86B$48.75B$43.09B$40.54B$55.7B$58.91B$60.28B$60.49B$59.12B$48.46B$40.65B$49.91B$50.59B$50.45B$30.06B$32.32B$37.53B$33.98B$22.28B$16.51B$14.81B$11.93B$9.33B$6.98B$6.96B$5.48B$4.53B$4.53B$3.3B$2.06B
Net Debt-$6.43B$2.32B$6.56B$17.89B$21.34B$30M$42.29B$45.72B$46.24B$50.52B$51.09B$41.22B$34.7B$38.85B$45.1B$45.6B$21.92B$25.47B$34.47B$30.42B$19.51B$15.87B$13.84B$11.39B$8.64B$6.8B$6.71B$5.18B$4.29B$4B$2.43B$1.66B
Cash Flow Statement
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012FY 2011FY 2010FY 2009FY 2008FY 2007FY 2006FY 2005FY 2004FY 2003FY 2002FY 2001FY 2000FY 1999FY 1998FY 1997FY 1996FY 1995FY 1994
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-311997-12-311996-12-311995-12-311994-12-31
Operating Activities
Net Income$2.45B$4.75B$4.89B$7.36B$12.39B$2.71B$5.55B$6.01B$1.98B$3.75B$4.05B$4.43B$4.16B$3.52B$3.15B$2.74B$883.78M-$46M$1.57B$2.41B$1.81B$1.54B$1.14B$899.64M$641.97M$469.63M$363.1M$275.2M$189.4M$155.3M$126.5M$95.2M
Depreciation & Amortization$5.26B$3.24B$3.23B$3.21B$3.48B$3.5B$3.34B$2.4B$2.44B$2.43B$2.1B$2B$2.06B$1.86B$579M$517M$683M$692M$678.76M$542.09M$425.64M$381.85M$384.02M$383.53M$337.56M$244.82M$172.6M$108.2M$46.6M$41.9M$37.4M$19.9M
Deferred Income Tax-$1.91B-$853M-$723M-$772M$605M-$1.63B-$296M$714M$1.43B-$686M$4.4B$3.31B$3.2B$3.73B$2.17B$3.94B$4B$5.99B$5.74B$1.49B-$156.77M-$140.18M-$106.52M$0$11.13M$0$0$0$0$0$0$0
Stock-Based Compensation$776M$569M$513M$314M$331M$203M$239M$170M$244M$239M$161M$205M$240M$199M$189M$149M$145.83M$111.65M$338.78M$211.12M$149.5M$127.17M$49.45M$0-$11.13M$0$0$0$0$0$0$0
Changes in Working Capital:
  Accounts Receivable-$34M-$54M-$359M-$641M$17M$287M-$63M-$74M-$157M-$159M-$72M-$17M$276M-$495M$65M-$612M-$1.4B-$1.61B-$165.46M$269.11M$0$0$0$0-$1.27B$0$0$0$0$0$0$0
  Inventory$0$0$0$0$0$0$0$221.75B$220.77B$225.35B$200.06B$184.93B$187.71B$146.79B$93.88B$84.13B-$31.01B-$34.02B-$37.87B-$38.24B$0$0$0$0$0$0$0$0$0$0$0$0
  Accounts Payable-$169M$17M$122M$246M-$71M-$87M-$19M$45M$85M$28M$45M$10M-$143M-$47M-$22M-$21M-$167.29M$44.79M$56.85M$87M$0$0$0$0$0$0$0$0$0$0$0$0
  Other Working Capital$1.48B-$1.53B$2.56B-$2.46B-$2.52B$2.19B$856M-$222.83B-$220.32B-$225.25B-$200.49B-$185.31B-$187.72B-$147.03B-$92.63B-$82.83B$29.63B$32.12B$36.89B$37.48B-$261.75M$1.2B-$1.03B-$820.52M$575.79M-$54.53M$304.4M$60.1M-$15.1M-$96.9M$0$0
Total Working Capital Change$1.28B-$1.57B$2.33B-$2.86B-$2.57B$2.39B$774M-$1.11B$371M-$25M-$450M-$386M$127M-$777M$1.3B$666M-$2.94B-$3.47B-$1.09B-$399.27M-$261.75M$1.2B-$1.03B-$820.52M-$690.48M-$54.53M$304.4M$60.1M-$15.1M-$96.9M-$112.1M-$86.7M
Other Non-Cash Items$19.86B$12.02B$10.35B$6.55B-$1.92B$9.52B$7.04B$4.79B$7.71B$6.15B-$137M-$254M$193M$529M$76M$126M$33.83M$207.53M$5.77B-$877.96M$1.67B$1.42B$1.59B$1.81B$978.7M$736.15M$432.2M$337.1M$287.7M$175M$65.9M$30.7M
Net Cash from Operating$27.72B$18.16B$20.57B$13.81B$12.31B$16.7B$16.64B$12.98B$14.18B$11.86B$10.13B$9.3B$9.98B$9.06B$7.46B$8.14B$2.8B$3.48B$13.01B$3.38B$3.63B$4.53B$2.03B$2.28B$1.27B$1.4B$1.27B$780.6M$508.6M$275.3M$117.7M$59.1M
Investing Activities
Capital Expenditures-$1.58B-$1.2B-$961M-$934M-$698M-$710M-$887M-$874M-$1.02B-$779M-$532M-$502M-$818M-$560M-$315M-$340M-$231.62M-$356.33M-$437.55M-$712.19M-$159.82M-$208.97M-$252.4M-$275.44M-$326.59M-$374.02M-$351M-$153M-$51.6M-$74.9M-$61.6M-$58.1M
Acquisitions$16.46B$0-$2.79B-$1.18B-$669M-$7M-$8.39B-$600M-$3.19B-$629M-$9.31B-$24M-$204M-$17.6B-$1.44B$4.19B$778.17M$0-$10.46M-$3.64B$159.82M$208.97M$252.4M$275.44M$326.59M$374.02M$351M$153M$51.6M$74.9M$61.6M$58.1M
Purchases of Investments-$18.16B-$17.18B-$10.45B-$14.85B-$27.88B-$43.03B-$12.5B-$33.19B-$18.3B-$17.94B-$16.48B-$17.48B-$16.06B-$29.26B-$16.06B-$26.38B-$27.83B-$21.7B-$12.72B-$7.78B-$3.69B-$6.56B-$4.61B-$5.75B-$4.27B-$407.57M-$871.4M-$1.25B-$1.28B-$945M-$403.2M-$112M
Sales of Investments$27.6B$12.02B$9.13B$21.64B$29.75B$23.14B$18.38B$16.33B$17.99B$14.69B$14.28B$16.86B$16.47B$34.67B$18.88B$24.09B$22.95B$9.3B$8.33B$11.18B$2.95B$2.99B$3.12B$4.84B$2.84B$605.09M$762.2M$718.8M$3.05B$3.19B$3.63B$2.39B
Other Investing Activities-$24.77B-$20.05B-$16.86B-$34.42B-$32B$5.77B-$19.6B$2.72B-$11.03B-$20.98B-$17.69B-$14.84B$4.34B-$5.24B-$11.42B$2.9B$14.78B-$2.86B-$5.63B-$6.18B-$6.15B-$6.9B-$7.37B-$8.52B-$6.14B-$6.14B-$4.4B-$1.61B-$2.88B-$4.31B-$4.34B-$2.84B
Net Cash from Investing-$444M-$26.41B-$21.92B-$29.74B-$31.5B-$14.84B-$23B-$15.62B-$15.54B-$25.63B-$29.73B-$15.99B$3.72B-$17.99B-$10.36B$4.46B$10.45B-$15.61B-$10.47B-$7.13B-$6.89B-$10.47B-$8.85B-$9.42B-$7.57B-$5.94B-$4.51B-$2.15B-$1.11B-$2.07B-$1.12B-$561.5M
Financing Activities
Debt Repaid$8.82B$4.42B-$240M-$8.42B-$3.55B$16.48B$4.19B$1.19B$2.78B-$1.54B-$10.75B-$6.64B$3.46B-$10.31B$2.48B$22.34B$3.32B$14.85B-$7.74B-$4.14B-$2.66B-$1.68B-$2.68B$466.06M-$1.28B$131.12M-$440.5M-$105.5M$264M-$1.5B-$2.42B$1.74B
Common Stock Issuance$409M$323M$299M$276M$2.31B$1.57B$1.66B$175M$164M$131M$111M$1.07B$81M$3.23B$40M$30M$1.54B$772M$43.49M$36.75M$770.31M$23.91M$25.15M$0$477.89M$0$0$0$0$0$0$0
Common Stock Repurchases-$4.6B-$734M-$718M-$4.95B-$9.71B-$1.77B-$2.48B-$2.28B-$240M-$3.66B-$2.44B-$2.04B-$1.03B-$43M-$42M-$22M-$14M-$12.5M-$3.02B-$21.61M-$40.05M-$17.23M$0$0$0$0$0$0$0$0$0$0
Dividends Paid-$1.52B-$932M-$931M-$950M-$1.15B-$460M-$753M-$773M-$780M-$812M-$816M-$679M-$555M-$111M-$91M-$91M-$213.67M-$568.25M-$42.05M-$32.32M-$27.5M-$25.62M-$24.28M-$23.46M-$22.31M-$20.82M-$20.7M-$20.5M-$20.6M-$20.6M-$15.9M$0
Other Financing Activities$6.43B$14.16B$15.48B$22.83B$5.74B$42.58B$12.66B$6.29B$7.28B$17.67B$11.46B$1.16B-$8.3B-$76M$6.07B$6.39B-$6.37B$25.9B-$7.1B$214.24M$2.55B$3.23B$5.09B$5.21B$4.46B$4.52B$1.78B$686.3M$370.6M$247M$243.8M$535.2M
Net Cash from Financing-$8.85B$8.17B$13.84B$25.13B$474M$25.16B$6.62B$1.78B$3.22B$15.73B$20.38B$7B-$18.47B$14.15B$3.5B-$16.04B-$12.05B$14.8B-$2.38B$4.34B$5.91B$5.38B$7.89B$7.36B$6.77B$4.53B$3.19B$1.43B$309.4M$1.45B$1.47B$908.3M
Forex Effect$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$1.37B$600.6M$1.8B$1B$502.4M
Net Change in Cash$18.42B-$84M$12.5B$9.2B-$18.72B$27.02B$260M-$863M$1.86B$1.95B$781M$951M-$4.77B$5.22B$589M-$3.44B$1.19B$2.67B$160.91M$589.23M$2.66B-$569.07M$1.06B$211.54M$470.53M-$9.79M-$53.7M$1.43B$309.4M$1.45B$1.47B$908.3M
Supplementary Data
Operating Cash Flow$27.72B$18.16B$20.57B$13.81B$12.31B$16.7B$16.64B$12.98B$14.18B$11.86B$10.13B$9.3B$9.98B$9.06B$7.46B$8.14B$2.8B$3.48B$13.01B$3.38B$3.63B$4.53B$2.03B$2.28B$1.27B$1.4B$1.27B$780.6M$508.6M$275.3M$117.7M$59.1M
Capital Expenditure-$1.58B-$1.2B-$961M-$934M-$698M-$710M-$887M-$874M-$1.02B-$779M-$532M-$502M-$818M-$560M-$315M-$340M-$231.62M-$356.33M-$437.55M-$712.19M-$159.82M-$208.97M-$252.4M-$275.44M-$326.59M-$374.02M-$351M-$153M-$51.6M-$74.9M-$61.6M-$58.1M
Free Cash Flow$26.14B$16.95B$19.61B$12.88B$11.61B$15.99B$15.75B$12.1B$13.16B$11.08B$9.6B$8.8B$9.17B$8.5B$7.14B$7.8B$2.57B$3.13B$12.57B$2.66B$3.47B$4.32B$1.78B$2B$941.15M$1.02B$921.3M$627.6M$457M$200.4M$56.1M$1M
Cash at Beginning$43.67B$43.76B$31.26B$22.05B$40.77B$13.75B$13.49B$14.35B$12.49B$8.02B$7.24B$6.29B$11.06B$5.84B$5.25B$8.69B$7.49B$4.82B$4.66B$4.07B$1.41B$1.98B$918.78M$707.24M$236.71M$246.5M$300.2M$237.7M$529M$872.5M$406.9M$1M
Cash at End$62.09B$43.67B$43.76B$31.26B$22.05B$40.77B$13.75B$13.49B$14.35B$9.98B$8.02B$7.24B$6.29B$11.06B$5.84B$5.25B$8.68B$7.49B$4.82B$4.66B$4.07B$1.41B$1.98B$918.78M$707.24M$236.71M$246.5M$1.67B$838.4M$2.33B$1.88B$909.3M