Daiwa Securities Group Inc. (DSEEY)
Daiwa Securities Group Inc., known by its ticker DSEEY, functions as a prominent securities broker-dealer with operations extending across Japan and internationally, supported by its various subsidiaries. Its business is strategically organized into four key divisions: Retail, Wholesale, Asset Management, and Investment. The firm delivers a comprehensive suite of financial services, encompassing brokerage, trading, underwriting, strategic counsel, product innovation, and structured finance solutions. Within its Retail segment, Daiwa caters to individual investors by offering securities-related services through a substantial network of 177 physical branches and sales offices, complemented by accessible digital platforms including online services and a dedicated call center. The Wholesale segment serves institutional investors and corporations, providing extensive sales and trading capabilities for equities, fixed income, foreign exchange, and derivative products. It also delivers crucial investment banking services, such as securities underwriting and mergers & acquisitions (M&A) advisory. Its Asset Management division specializes in the creation and oversight of investment trusts for both individual and institutional clients, alongside offering investment advisory services and general asset management. The Investment segment actively participates in diverse investment activities, including lending, private equity, and real estate, as well as focused investments in energy, infrastructure, and natural resources. Beyond these core areas, Daiwa also furnishes research and consulting, information technology systems, banking, insurance, wrap account management, and inheritance-related guidance, among other support functions. The company further engages in various securities-related, investment advisory, agency, and management endeavors, alongside real estate lending and borrowing activities. Established in 1902, the company was initially known as Daiwa Securities Co. Ltd. before adopting its current name, Daiwa Securities Group Inc., in 1999. Its global headquarters are situated in Tokyo, Japan.
Sector: American Depositary Receipts
Industry: Financial - Capital Markets
Daiwa Securities Group Inc.
OTC:DSEEYFinancial Services · Financial - Capital Markets
-1.19%$10.82
Mkt Cap-
Float1.37B
O/S-
Inst Own-
SI<0.1%
Div Yield3.78%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$9.97B
Net Income$1.18B
Total Assets$242.9B
Free Cash Flow$2.59B
Debt & Equity
Debt 76%
Equity 24%
Total Debt$36.66B
Total Equity$11.29B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in DSEEY's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$242.9B
Liabilities$229.85B
Accounts Receivable$24.31B
Accounts Payable$51.64M
Inventory$0
PP&E (Net)$6.24B
Goodwill$102.26M
Intangible Assets$880.49M
Income Statement
| Period | FY 2026 | 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 | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 | 1999-03-31 | 1998-03-31 |
| Revenue | $9.97B | $8.81B | $8.26B | $5.57B | $4.02B | $3.7B | $4.35B | $4.71B | $4.62B | $4.05B | $4.22B | $4.25B | $4.2B | $3.41B | $2.52B | $2.42B | $3.21B | $2.39B | $5B | $5.83B | $5.37B | $3.3B | $2.88B | $2.46B | $3.1B | $4.54B | $4.14B | $2.25B | $3.33B |
| YoY Growth | 13.1% | 6.6% | 48.4% | 38.6% | 8.6% | -15.1% | -7.6% | 2.0% | 14.2% | -4.2% | -0.8% | 1.3% | 23.0% | 35.3% | 4.4% | -24.7% | 34.7% | -52.3% | -14.2% | 8.5% | 62.8% | 14.4% | 17.1% | -20.6% | -31.7% | 9.8% | 83.5% | -32.2% | - |
| Cost of Revenue | $4.34B | $3.85B | $3.35B | $1.72B | $295.67M | $350.06M | $1.33B | $1.54B | $942.42M | $627.31M | $571.13M | $517.83M | $391.89M | $455.65M | $379.11M | $368.77M | $302.7M | $1.12B | $2.16B | $2.25B | $1.47B | $818.73M | $643.9M | $742.16M | $1.29B | $1.59B | $882.99M | $1.1B | $1.62B |
| Gross Profit | $5.63B | $4.95B | $4.91B | $3.85B | $3.72B | $3.35B | $3.02B | $3.17B | $3.68B | $3.42B | $3.65B | $3.74B | $3.81B | $2.96B | $2.14B | $2.05B | $2.91B | $1.27B | $2.84B | $3.58B | $3.9B | $2.48B | $2.24B | $1.72B | $1.81B | $2.95B | $3.25B | $1.16B | $1.71B |
| Gross Margin | 56.5% | 56.3% | 59.4% | 69.2% | 92.6% | 90.5% | 69.3% | 67.3% | 79.6% | 84.5% | 86.5% | 87.8% | 90.7% | 86.7% | 85.0% | 84.7% | 90.6% | 53.1% | 56.8% | 61.4% | 72.6% | 75.2% | 77.7% | 69.9% | 58.4% | 64.9% | 78.7% | 51.4% | 51.4% |
| 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 |
| Selling, General, and Administrative | $0 | $763.47M | $681M | $618.07M | $554.66M | $520.67M | $602.49M | $625.3M | $628.79M | $614.82M | $629.49M | $629.55M | $629.2M | $569.38M | $1.03B | $1.04B | $2.3B | $2.18B | $620.63M | $2.16B | $2.07B | $1.75B | $1.65B | $1.57B | $1.67B | $1.82B | $1.83B | $1.72B | $1.8B |
| Other | $4.15B | $2.8B | $3.09B | $2.62B | $2.27B | $1.91B | $1.88B | $1.94B | $2.07B | $1.92B | $1.94B | $1.95B | $1.94B | $1.81B | $1.23B | $1.22B | -$13.47M | $127.46M | $1.7B | $233.52M | $193.93M | $14.51M | $99.04M | $77.89M | $906.58M | $66.65M | $569.12M | $761.99M | $442.97M |
| Total Operating Expenses | $4.15B | $3.56B | $3.77B | $3.24B | $2.82B | $2.43B | $2.48B | $2.56B | $2.7B | $2.53B | $2.57B | $2.58B | $2.57B | $2.38B | $2.25B | $2.27B | $2.29B | $2.31B | $2.32B | $2.4B | $2.26B | $1.76B | $1.75B | $1.64B | $2.57B | $1.89B | $2.4B | $2.48B | $2.24B |
| Operating Income (EBIT) | $1.48B | $1.39B | $1.14B | $614.6M | $899.78M | $918.2M | $538.78M | $603.91M | $977.25M | $882.87M | $1.08B | $1.16B | $1.24B | $582.27M | -$107.17M | -$219.28M | $618.51M | -$1.04B | $520.5M | $1.18B | $1.64B | $715.19M | $488.59M | $75.23M | -$761.97M | $1.06B | $858.54M | -$1.32B | -$532.96M |
| Operating Margin | 14.8% | 15.8% | 13.8% | 11.0% | 22.4% | 24.8% | 12.4% | 12.8% | 21.2% | 21.8% | 25.6% | 27.2% | 29.6% | 17.1% | -4.2% | -9.1% | 19.3% | -43.6% | 10.4% | 20.3% | 30.6% | 21.7% | 17.0% | 3.1% | -24.6% | 23.3% | 20.8% | -58.7% | -16.0% |
| Interest Expense | $27.3M | $3.85B | $3.35B | $1.72B | $295.67M | $350.06M | $1.33B | $1.54B | $942.42M | $627.31M | $571.13M | $517.83M | $391.89M | $455.65M | $379.11M | $368.77M | $302.7M | $1.12B | $2.16B | $2.25B | $1.47B | $818.73M | $643.9M | $742.16M | $1.29B | $1.59B | $882.99M | $1.1B | $1.62B |
| Interest Income | $4.65B | $4.33B | $3.86B | $2.11B | $482.57M | $591.87M | $1.64B | $1.85B | $1.21B | $909.78M | $949.22M | $799.86M | $687.21M | $593.09M | $506.59M | $456.76M | $347.61M | $1.22B | $2.28B | $2.37B | $1.56B | $3.3B | $2.88B | $2.46B | $3.1B | $4.54B | $4.14B | $2.25B | $3.33B |
| Other Income (Expense) | $299.15M | $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) | $1.78B | $1.39B | $1.14B | $614.6M | $899.78M | $918.2M | $538.78M | $603.91M | $977.25M | $882.87M | $1.08B | $1.16B | $1.24B | $582.27M | -$107.17M | -$219.28M | $618.51M | -$1.04B | $520.5M | $1.18B | $1.64B | $715.19M | $488.59M | $75.23M | -$761.97M | $1.06B | $858.54M | -$1.32B | -$532.96M |
| Income Tax Expense | $496.29M | $342.54M | $314.78M | $146.6M | $238.31M | $221.76M | $149.66M | $198.49M | $244.79M | $220.56M | $298.1M | $174.31M | $112.23M | $73.43M | $154.97M | $61.69M | $316.7M | -$115.43M | $258.97M | $441.11M | $495.84M | $255.12M | $132.16M | $97.54M | $35.59M | $443.64M | $396.14M | -$512.08M | -$1.63M |
| Net Income | $1.18B | $980.45M | $772.06M | $405.7M | $602.69M | $688.47M | $383.28M | $405.3M | $702.33M | $660.97M | $742.15M | $943.12M | $1.08B | $463.07M | -$250.46M | -$237.1M | $275.84M | -$540.12M | $294.78M | $588.93M | $888.87M | $334.5M | $270.8M | -$40.16M | -$829.16M | $409.98M | $669.29M | -$812.28M | -$531.34M |
| Net Income Margin | 11.8% | 11.1% | 9.3% | 7.3% | 15.0% | 18.6% | 8.8% | 8.6% | 15.2% | 16.3% | 17.6% | 22.2% | 25.6% | 13.6% | -9.9% | -9.8% | 8.6% | -22.6% | 5.9% | 10.1% | 16.5% | 10.1% | 9.4% | -1.6% | -26.7% | 9.0% | 16.2% | -36.0% | -16.0% |
| Supplementary Data | |||||||||||||||||||||||||||||
| EPS | 134.22 | 109.53 | 84.94 | 43.53 | 63.06 | 71.20 | 39.11 | 39.95 | 66.88 | 61.53 | 68.25 | 87.07 | 99.63 | 43.00 | -23.40 | -21.90 | 26.41 | -63.16 | 33.69 | 67.90 | 103.90 | 39.03 | 31.66 | -4.75 | -98.27 | 48.62 | 79.43 | -96.00 | -62.80 |
| Diluted EPS | 131.02 | 107.64 | 83.86 | 43.31 | 62.72 | 70.90 | 38.92 | 39.72 | 66.45 | 61.14 | 67.68 | 86.28 | 98.71 | 42.89 | -23.40 | -21.90 | 26.38 | -63.16 | 33.63 | 66.07 | 98.61 | 37.36 | 30.28 | -4.75 | -98.27 | 46.26 | 76.19 | -96.00 | -62.80 |
| Weighted Average OS | 1.39B | 1.41B | 1.43B | 1.47B | 1.50B | 1.52B | 1.54B | 1.60B | 1.65B | 1.69B | 1.71B | 1.71B | 1.70B | 1.70B | 1.68B | 1.70B | 1.64B | 1.35B | 1.38B | 1.37B | 1.35B | 1.35B | 1.35B | 1.33B | 1.33B | 1.33B | 1.33B | 1.33B | 1.33B |
| EBITDA | $2.1B | $1.68B | $1.44B | $905.32M | $1.19B | $1.19B | $783.34M | $807.16M | $1.17B | $1.07B | $1.28B | $1.36B | $1.47B | $854.2M | $153.95M | $37.87M | $902.09M | -$788M | $698.64M | $1.33B | $1.78B | $855.74M | $625.33M | $209.04M | -$642.72M | $1.16B | $952.41M | -$1.27B | -$490.75M |
| EBITDA Margin | 21.0% | 19.1% | 17.5% | 16.3% | 29.7% | 32.1% | 18.0% | 17.1% | 25.4% | 26.5% | 30.2% | 32.0% | 34.9% | 25.0% | 6.1% | 1.6% | 28.1% | -33.0% | 14.0% | 22.8% | 33.2% | 25.9% | 21.7% | 8.5% | -20.7% | 25.5% | 23.0% | -56.3% | -14.7% |
Balance Sheet
| Period | FY 2026 | 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 | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 | 1999-03-31 | 1998-03-31 |
| Assets | |||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $101.7B | $27.61B | $31.5B | $28.1B | $32.83B | $33.45B | $27.82B | $28.55B | $25.79B | $26.56B | $23.24B | $21.29B | $13.96B | $9.48B | $7.97B | $8.05B | $5.27B | $57.85M | $540.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Investments | $13.66B | $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 |
| Cash and Short-Term Investments | $115.35B | $27.61B | $31.5B | $28.1B | $32.83B | $33.45B | $27.82B | $28.55B | $25.79B | $26.56B | $23.24B | $21.29B | $13.96B | $9.48B | $7.97B | $8.05B | $5.27B | $57.85M | $540.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $24.31B | $4.36B | $750.02M | $545.38M | $396.85M | $366.58M | $348.76M | $368.19M | $351.61M | $330.46M | $321.79M | $348.46M | $307.62M | $1.8B | $254.35M | $290.2M | $2.39B | $5.22B | $9.08B | $5.35B | $4.96B | $3.74B | $6.7B | $2.48B | $2.34B | $4.55B | $4.16B | $5.42B | $3.64B |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $3.87M | $0 | $0 | $0 | $3.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$305.22M | $0 | $0 | $0 | $0 | $0 | -$3.87M | $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 | $139.66B | $32.29B | $32.46B | $28.76B | $33.37B | $33.95B | $28.17B | $29.1B | $26.25B | $27.06B | $23.56B | $21.83B | $14.37B | $11.45B | $8.32B | $8.42B | $7.65B | $5.28B | $9.08B | $5.35B | $4.96B | $3.74B | $6.7B | $2.48B | $2.34B | $4.55B | $4.16B | $5.42B | $3.64B |
| Long-Term Assets | |||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $6.24B | $5.98B | $5.85B | $5.82B | $5.8B | $5.59B | $1.96B | $1.07B | $788.77M | $793.79M | $791.13M | $2.91B | $2.75B | $2.59B | $2.51B | $846.17M | $904.73M | $953.99M | $974.26M | $854.49M | $803.65M | $874.08M | $909.03M | $1.03B | $1.2B | $1.99B | $2.06B | $428.01M | $552.28M |
| Goodwill | $102.26M | $99.22M | $108.86M | $117.67M | $124.85M | $134.83M | $86.56M | $67.36M | $70.95M | $38.76M | $50.63M | $30.61M | $59.86M | $98.22M | $133.33M | $169.32M | $69.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $880.49M | $773.43M | $701.59M | $679.87M | $646.73M | $683.13M | $701.73M | $668.99M | $600.87M | $536.64M | $488.46M | $458.95M | $435.67M | $438.07M | $520.14M | $692.43M | $703.11M | $703.92M | $9.08B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $79.83B | $1.25B | $4.28B | -$6.66B | -$10.94B | -$4.82B | $60.93B | $5.55B | $35.97M | -$2.06B | $63.72B | -$9.95B | -$11.89B | -$18.95B | $15.4B | $33.37B | $51.57B | $43.96B | $1.62B | $0 | $0 | $0 | $0 | $1.84B | $18.21B | $10.89B | $10.54B | $5.55B | $7.14B |
| Deferred Tax Assets | $47.01M | $50.11M | $43.35M | $49.8M | $76.17M | $72.39M | $108.77M | $43.92M | $39.14M | $81.42M | $36.07M | $87.92M | $65.78M | $55.07M | $91.64M | $214.72M | $0 | $0 | $0 | $163.1M | $187.29M | $139.2M | $365.1M | $0 | $568.85M | $585.6M | $721.13M | $530.68M | $12.07M |
| Other Long-Term Assets | $16.13B | $188.36B | $159.97B | $138.99B | $145.78B | $130.16B | -$108.77M | $97.69B | $106.45B | $99.48B | -$36.07M | $130.73B | $117.95B | $125.31B | $93.22B | $63.26B | -$53.25B | -$45.62B | -$3.24B | $84.65B | $88.24B | $73.61B | $60.4B | -$2.87B | $27.4B | $30.85B | $36.59B | $27.88B | $53.01B |
| Total Long-Term Assets | $103.23B | $196.51B | $170.96B | $139B | $141.49B | $131.82B | $63.68B | $105.08B | $107.98B | $98.87B | $65.05B | $124.27B | $109.36B | $109.54B | $111.87B | $98.55B | $53.25B | $45.62B | $3.24B | $86.18B | $89.67B | $74.89B | $61.68B | $2.87B | $47.38B | $44.32B | $49.91B | $34.39B | $60.72B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $59.45B | $0 | $0 | $0 | $41.09B | $0 | $0 | $0 | $0 | $0 | $48.06B | $37.72B | $97.6B | $0 | $0 | $0 | $0 | $55B | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $242.9B | $228.81B | $203.42B | $167.76B | $174.86B | $165.77B | $151.3B | $134.18B | $134.24B | $125.93B | $129.7B | $146.09B | $123.73B | $120.99B | $120.19B | $106.97B | $108.96B | $88.62B | $109.92B | $91.53B | $94.63B | $78.62B | $68.38B | $60.36B | $49.71B | $48.87B | $54.08B | $39.81B | $64.36B |
| Liabilities | |||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||
| Accounts Payable | $51.64M | $53.8M | $54.03M | $51.57M | $40.4M | $34.18M | $56.77M | $45.2M | $44.87M | $51.87M | $40.73M | $34.73M | $35.45M | $22.28M | $0 | $3.1B | $1.45B | $4.09B | $6.3B | $430.44M | $1.92B | $2.89B | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $18.47B | $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 Income Tax Payable | $0 | $182.44M | $272.58M | $67.8M | $54.93M | $114.08M | $47.02M | $37.97M | $58.5M | $95.8M | $257.22M | $87.67M | $97.48M | $19.65M | $36.98M | $14.23M | $141.35M | $11.58M | $136.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | -$10.98B | $0 | $0 | $0 | -$7.55B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$377.96M | $64.82B | $56.94B | $52.38B | $50.44B | $45.96B | $10.93B | $40.15B | $43.8B | $37.62B | $7.29B | $43.65B | $39.39B | $30.94B | $7.43B | $0 | -$3.48B | -$11.58M | -$447.04M | $26.07B | $30.99B | $23.24B | $18.51B | -$2.8B | $7.54B | $8.97B | $7.84B | $5.14B | $9.19B |
| Total Current Liabilities | $18.47B | $64.88B | $57B | $52.43B | $50.48B | $45.99B | $56.77M | $40.2B | $43.84B | $37.67B | $40.73M | $43.69B | $39.42B | $30.96B | $7.43B | $3.1B | $1.45B | $4.09B | $5.99B | $26.51B | $32.91B | $26.13B | $18.51B | $0 | $7.54B | $8.97B | $7.84B | $5.14B | $9.19B |
| Long-Term Liabilities | |||||||||||||||||||||||||||||
| Long-Term Debt | $18.3B | $34.25B | $32.84B | $32.08B | $35.05B | $31.89B | $73B | $27.51B | $26.05B | $22.84B | $59.08B | $24.08B | $21.55B | $21.03B | $65.19B | $66.58B | $0 | $0 | $0 | $32.12B | $33.07B | $37.74B | $26.83B | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $72.98B | $0 | $0 | $0 | $58.96B | $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 | $27.75M | $0 | $0 | $0 | $121.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $210.55B | $117.46B | $102.23B | $72.61B | $78.91B | $77.78B | -$73B | $58.5B | $55.64B | $56.89B | -$59.08B | $69.22B | $54.8B | $62.13B | $41.53B | $31.45B | $0 | $0 | $0 | $25.14B | $22.12B | $9.44B | $18.14B | $0 | $37.57B | $34.21B | $41.11B | $30.6B | $50.24B |
| Total Long-Term Liabilities | $228.85B | $151.71B | $135.06B | $104.69B | $113.97B | $109.67B | $73B | $86.01B | $81.69B | $79.73B | $59.08B | $93.29B | $76.35B | $83.15B | $106.72B | $98.03B | $40.72B | $17.57B | $44.98B | $57.26B | $55.18B | $47.18B | $44.98B | $0 | $37.57B | $34.21B | $41.11B | $30.6B | $50.24B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $70.26B | $0 | $0 | $0 | $62.24B | $0 | $0 | $0 | $0 | $0 | $60.33B | $60.91B | $52.07B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $229.85B | $216.59B | $192.06B | $157.12B | $164.45B | $155.66B | $143.32B | $126.2B | $125.53B | $117.4B | $121.36B | $136.98B | $115.77B | $114.11B | $114.15B | $101.12B | $102.5B | $82.57B | $103.05B | $83.76B | $88.09B | $73.3B | $63.49B | $0 | $45.12B | $43.18B | $48.95B | $35.74B | $59.43B |
| Stockholders' Equity | |||||||||||||||||||||||||||||
| Preferred Stock | $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 |
| Common Stock | $1.58B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.13B | $1.13B | $1.13B | $881.75M | $879.24M | $879.24M | $879.24M | $879.24M | $879.24M | $879.23M | $879.19M | $879.19M |
| Retained Earnings | $7.15B | $6.61B | $6.11B | $5.63B | $5.99B | $5.79B | $5.3B | $5.12B | $4.99B | $4.56B | $4.34B | $3.96B | $3.36B | $2.6B | $2.2B | $2.51B | $2.87B | $2.68B | $3.35B | $3.31B | $3.02B | $2.31B | $2.1B | $1.89B | $1.98B | $2.92B | $2.63B | $2.44B | $3.29B |
| Comprehensive Income & Other | $1.81B | $1.3B | $0 | $0 | $0 | $0 | $105.55M | $0 | $0 | $0 | $606.77M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $2.56B | $2.27B | $2.03B | $1.8B | $1.22B | $1.17B | $870.61M | $1.27B | $1.58B | $1.87B | $1.89B | $2.39B | $1.97B | $1.66B | $1.24B | $1.24B | $1.46B | $778.03M | $721.63M | $1.47B | $1.12B | $933.35M | $857.17M | $672.51M | $766.54M | $751.94M | $725.15M | $747.95M | $747.85M |
| Total Equity | $11.29B | $10.45B | $9.71B | $9B | $8.78B | $8.53B | $7.74B | $7.96B | $8.14B | $8B | $7.8B | $7.92B | $6.9B | $5.83B | $5B | $5.32B | $5.91B | $4.59B | $5.21B | $5.91B | $5.03B | $4.12B | $3.84B | $3.44B | $3.63B | $4.55B | $4.23B | $4.06B | $4.92B |
| Minority Interest | $1.76B | $1.76B | $1.65B | $1.64B | $1.64B | $1.58B | $246.75M | $20.39M | $562.71M | $532.33M | $534.88M | $1.19B | $1.06B | $1.04B | $1.04B | $527.67M | $553.35M | $1.46B | $1.67B | $1.86B | $1.5B | $1.2B | $1.05B | $978.48M | $969.88M | $1.13B | $900.9M | $11.17M | $5.7M |
| Total Liabilities and Equity | $241.13B | $227.04B | $201.77B | $166.12B | $173.23B | $164.18B | $151.06B | $134.16B | $133.67B | $125.4B | $129.17B | $144.9B | $122.67B | $119.94B | $119.15B | $106.45B | $108.41B | $87.16B | $108.25B | $89.67B | $93.12B | $77.42B | $67.32B | $3.44B | $48.74B | $47.74B | $53.18B | $39.8B | $64.35B |
| Supplementary Data | |||||||||||||||||||||||||||||
| Total Debt | $36.66B | $34.25B | $32.84B | $32.08B | $35.05B | $31.89B | $73B | $27.51B | $26.05B | $22.84B | $59.08B | $24.08B | $21.55B | $21.03B | $65.19B | $66.58B | $40.72B | $17.57B | $44.98B | $32.12B | $33.07B | $37.74B | $26.83B | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$65.04B | $6.64B | $1.34B | $3.98B | $2.23B | -$1.56B | $45.18B | -$1.04B | $258.32M | -$3.73B | $35.84B | $2.79B | $7.59B | $11.55B | $57.22B | $58.53B | $35.45B | $17.51B | $44.44B | $32.12B | $33.07B | $37.74B | $26.83B | $0 | $0 | $0 | $0 | $0 | $0 |
Cash Flow Statement
| Period | FY 2026 | 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 | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 | 2001-03-31 | 2000-03-31 | 1999-03-31 | 1998-03-31 |
| Operating Activities | |||||||||||||||||||||||||||||
| Net Income | $1.18B | $1.39B | $1.14B | $614.6M | $899.78M | $918.2M | $538.78M | $603.91M | $977.25M | $882.87M | $1.08B | $1.16B | $1.24B | $582.27M | -$107.17M | -$237.11M | $275.84M | -$540.12M | $294.78M | $588.93M | $888.87M | $334.5M | $270.8M | -$40.16M | -$829.16M | $409.98M | $669.29M | -$812.28M | -$531.34M |
| Depreciation & Amortization | $291.85M | $291.02M | $299.48M | $290.72M | $293.17M | $268.89M | $244.56M | $203.25M | $194.04M | $187.65M | $196.51M | $204.6M | $225.92M | $271.94M | $261.13M | $257.15M | $283.58M | $252.32M | $178.14M | $146.83M | $143.8M | $140.55M | $136.75M | $133.81M | $119.25M | $98.42M | $93.87M | $54.18M | $42.21M |
| Deferred Income Tax | $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 |
| Stock-Based Compensation | $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 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | -$478.11M | $442.7M | -$1.41B | -$1.32B | -$773.88M | -$5B | -$1.41B | -$928.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $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 | $0 |
| Other Working Capital | $1.62B | -$3.99B | $3.79B | -$1.66B | -$2.82B | $3.84B | $1.64B | $2.18B | -$4.14B | $1.16B | $885.27M | $3.64B | $5.74B | $10.56B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $1.62B | -$3.99B | $3.79B | -$2.14B | -$2.38B | $2.44B | $321.44M | $1.41B | -$9.14B | -$258.79M | $479.17M | $4.33B | $5.24B | $9.75B | $12.9B | $10.64B | -$21.48B | $10.28B | -$5.5B | -$1.06B | $1.07B | -$7.26B | -$1.43B | $2B | $0 | -$969.45M | $2.55B | -$3.53B | -$77.43M |
| Other Non-Cash Items | -$42.73M | -$571.39M | -$757.27M | $69.57M | -$1.06B | -$1.14B | -$42.88M | -$277.7M | -$412.93M | -$528.82M | -$346.46M | -$1.08B | $432.6M | $799.53M | -$139.08M | -$14.46M | $212.33M | -$345.15M | $55.63M | $237.03M | $243.94M | $312.34M | -$1.11B | $2.25B | -$4.79B | -$2.01B | -$5.28B | $5.03B | $3.35B |
| Net Cash from Operating | $3.05B | -$2.88B | $4.48B | -$1.17B | -$2.25B | $2.48B | $1.06B | $1.94B | -$8.38B | $282.91M | $1.41B | $4.61B | $7.14B | $11.4B | $12.91B | $10.65B | -$20.7B | $9.65B | -$4.97B | -$91.9M | $2.34B | -$6.47B | -$706.56M | $2.35B | -$5.49B | -$2.47B | -$1.97B | $744.89M | $2.78B |
| Investing Activities | |||||||||||||||||||||||||||||
| Capital Expenditures | -$752.51M | -$297.39M | -$176.45M | -$516.04M | -$543.6M | -$372.19M | -$368.21M | -$550.86M | -$250.63M | -$254.24M | -$488.26M | -$544.79M | -$379.45M | -$212.52M | -$197.93M | -$243.06M | -$250.09M | -$324.39M | -$497.32M | -$337.18M | -$233.97M | -$49.45M | -$51.74M | -$38.79M | -$74.65M | -$66.11M | -$93.24M | -$88.13M | $0 |
| Acquisitions | $225.87M | -$626.53M | -$69.82M | -$77.11M | -$58.03M | -$183.71M | -$214.75M | -$78.68M | -$135.93M | -$8.21M | -$7.82M | -$14.34M | -$451K | $31.24M | $89.05M | -$610.61M | -$42.08M | -$227.46M | -$277.98M | -$216.64M | -$149.85M | $33.76M | $39.02M | $134.11M | $56.25M | $39.99M | $61.96M | $0 | $0 |
| Purchases of Investments | $0 | -$7.93B | -$4.77B | -$3.75B | -$7.33B | -$4.3B | -$4.19B | -$5.81B | -$6.8B | -$5.63B | -$5.37B | -$5.14B | -$5.92B | -$10.42B | -$10.17B | -$569.33M | -$1.69B | -$204.23M | -$550.86M | -$301.86M | -$327.44M | -$226.7M | -$231.24M | -$329.93M | -$787.96M | -$140.11M | -$560.99M | -$166.99M | $0 |
| Sales of Investments | $0 | $6.58B | $3.82B | $4.16B | $6.44B | $4.29B | $3.34B | $7.05B | $12.02B | $7.8B | $8.54B | $5.52B | $3.23B | $5.98B | $3.95B | $635.97M | $844.98M | $104.51M | $336.05M | $232.16M | $276.95M | $631.77M | $640.73M | $823.88M | $371.38M | $277.92M | $1.31B | $764.58M | $0 |
| Other Investing Activities | -$3.49B | $31.98M | -$223.77M | $234.13M | $101.8M | -$18.48M | $66.81M | $82.88M | $109.05M | -$150.03M | -$220.74M | -$68.21M | $60.87M | -$533.27M | $9.11M | $83.51M | -$564.21M | $254.3M | -$768.05M | -$278.67M | $124M | -$420.88M | -$39.27M | -$23.47M | -$252.84M | -$40.15M | $241.52M | $63.81M | $0 |
| Net Cash from Investing | -$4.01B | -$2.24B | -$1.42B | $47.36M | -$1.39B | -$582.05M | -$1.37B | $687.5M | $4.94B | $1.95B | $2.64B | -$84.25M | -$2.85B | -$5.07B | -$6.18B | -$504.72M | -$1.51B | $59.94M | -$1.2B | -$465.48M | -$6.05M | -$65.27M | $318.48M | $431.69M | -$744.08M | $31.56M | $894.3M | $581.75M | $408.54M |
| Financing Activities | |||||||||||||||||||||||||||||
| Debt Repaid | -$573.89M | -$744.4M | -$879.36M | $426.61M | -$1.34B | -$288.44M | $820.25M | -$1.18B | -$1.53B | -$867.56M | -$2B | -$508.46M | -$1.32B | $535.86M | -$78.45M | -$2.63B | -$1.41B | -$766.81M | -$924.73M | -$65.8M | -$371.53M | -$93.92M | $103.5M | $55.24M | $744.42M | $806.02M | $63.32M | -$608.45M | $26.14M |
| Common Stock Issuance | $74.82M | $396.67M | $60M | $5.1M | $11.54M | $56.32M | $3.95M | $4.53M | $8.91M | $8.35M | $216.2M | $161.34M | $21.4M | $18.74M | $21.3M | $15.5M | $1.11B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$336.8M | -$64K | -$381.16M | -$125.33M | -$186.08M | -$57K | -$159.43M | -$221.15M | -$273.92M | -$83.11M | -$118.35M | -$305K | -$495K | -$70K | -$38K | -$182.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$473.31M | -$284.2M | -$253.45M | -$405.16M | -$193.27M | -$197.94M | -$276.76M | -$276.28M | -$268.83M | -$359.9M | -$337.52M | -$315.65M | -$65.3M | -$65.3M | -$122.16M | -$81.18M | -$128.26M | -$246.35M | -$367.4M | -$227.31M | -$127.84M | -$65.41M | -$51.19M | -$109.66M | -$109.54M | -$42.29M | -$50.89M | -$68.32M |
| Other Financing Activities | $1.57B | -$100.57M | -$27.36M | -$73.38M | $1.65B | $2.63B | $315.14M | -$520.94M | $1.77B | $8.18M | -$24.12M | $1.85B | -$19.16M | -$159K | -$248K | -$159K | $186.71M | -$641K | -$389.85M | $1.26B | $638.56M | $820.77M | $1.32B | -$92.59M | $643.92M | $1.19B | $2.05B | -$655.6M | -$380.33M |
| Net Cash from Financing | $1.34B | $1.26B | -$18.08M | -$3.59B | $2.4B | $2.78B | -$862.48M | $354.03M | $2.75B | $909.72M | -$1.46B | $2.18B | $162.49M | -$5.78B | -$6.75B | -$8.27B | $24.37B | -$9.27B | $6.29B | $274.15M | -$2.05B | $5.61B | $726.65M | -$2.84B | $7.11B | $271.83M | $1.95B | -$1.46B | -$2.67B |
| Forex Effect | -$28.42B | -$23.9M | $241.99M | $148.3M | $163.61M | $43.16M | -$31.44M | $28.1M | -$32.05M | -$11.66M | -$47.6M | $112.81M | $62.75M | $63.16M | -$4.08M | -$36.46M | -$9.66M | -$87.95M | -$86.26M | $30.41M | $47.18M | $24.26M | -$31.78M | -$42.14M | $22.57M | $48.88M | $56.14M | -$67.36M | $32.34M |
| Net Change in Cash | -$28.04B | -$3.89B | $3.28B | -$4.57B | -$1.07B | $5.02B | -$1.2B | $2.98B | -$715.68M | $3.13B | $2.24B | $6.82B | $4.51B | $616.54M | -$28.47M | $1.84B | $2.15B | $352.76M | $44.92M | -$251.33M | $340.77M | -$898.25M | $309.21M | -$103.59M | $892.34M | -$2.11B | $1.05B | -$197.44M | $554.56M |
| Supplementary Data | |||||||||||||||||||||||||||||
| Operating Cash Flow | $3.05B | -$2.88B | $4.48B | -$1.17B | -$2.25B | $2.48B | $1.06B | $1.94B | -$8.38B | $282.91M | $1.41B | $4.61B | $7.14B | $11.4B | $12.91B | $10.65B | -$20.7B | $9.65B | -$4.97B | -$91.9M | $2.34B | -$6.47B | -$706.56M | $2.35B | -$5.49B | -$2.47B | -$1.97B | $744.89M | $2.78B |
| Capital Expenditure | -$461.88M | -$541.74M | -$409.63M | -$516.04M | -$543.6M | -$372.19M | -$368.21M | -$550.86M | -$250.63M | -$254.24M | -$488.26M | -$544.79M | -$379.45M | -$212.52M | -$197.93M | -$243.06M | -$250.09M | -$324.39M | -$497.32M | -$337.18M | -$233.97M | -$49.45M | -$51.74M | -$38.79M | -$74.65M | -$66.11M | -$93.24M | -$88.13M | $0 |
| Free Cash Flow | $2.59B | -$3.43B | $4.07B | -$1.68B | -$2.79B | $2.11B | $693.68M | $1.39B | -$8.63B | $28.67M | $920.14M | $4.07B | $6.76B | $11.19B | $12.71B | $10.41B | -$20.96B | $9.33B | -$5.47B | -$429.08M | $2.11B | -$6.52B | -$758.3M | $2.31B | -$5.57B | -$2.53B | -$2.06B | $656.76M | $2.78B |
| Cash at Beginning | $129.74B | $27.64B | $24.36B | $28.93B | $30B | $24.98B | $26.18B | $23.2B | $23.92B | $20.79B | $18.55B | $11.73B | $7.22B | $6.6B | $6.63B | $4.79B | $2.64B | $2.29B | $2.24B | $2.49B | $2.15B | $3.05B | $2.78B | $2.89B | $1.99B | $4.65B | $3.6B | $3.8B | $3.24B |
| Cash at End | $101.7B | $23.75B | $27.64B | $24.36B | $28.93B | $30B | $24.98B | $26.18B | $23.2B | $23.92B | $20.79B | $18.55B | $11.73B | $7.22B | $6.6B | $6.63B | $4.79B | $2.64B | $2.29B | $2.24B | $2.49B | $2.15B | $3.09B | $2.78B | $2.89B | $2.54B | $4.65B | $3.6B | $3.8B |