Nestlé S.A. (NSRGY)
Nestlé S.A. operates as a leading global food and beverage conglomerate, along with its various subsidiary entities. The company strategically segments its operations across three primary geographical regions: Europe, the Middle East, and North Africa; the Americas; and Asia, Oceania, and sub-Saharan Africa. Nestlé manages an expansive array of renowned brands spanning numerous consumer categories. Within baby foods, its offerings include Cerelac, Gerber, Nido, and NaturNes. Its bottled water selection features Nestlé Pure Life, Perrier, and S.Pellegrino, while breakfast cereals are marketed under Fitness, Nesquik, Cheerios, and Lion Cereals. The company's chocolate and confectionery range features popular items such as KitKat, Nestle L'atelier, Nestle Toll House, Milkybar, Smarties, Quality Street, Aero, Garoto, Orion, and Cailler. A significant player in the coffee market, Nestlé provides Nescafé, Nespresso, Nescafé Dolce Gusto, Starbucks Coffee At Home, and Blue Bottle Coffee products. For culinary, chilled, and frozen foods, consumers find brands like Maggi, Hot Pockets, Stouffer's, Thomy, Jacks, TombStone, Herta, Buitoni, DiGiorno, and Lean Cuisine. Its dairy offerings include Carnation, Nido, Coffee-Mate, and La Laitière, alongside drinks like Nesquik, Nestea, Nescafé, and Milo. Beyond direct consumer products, Nestlé also supplies food service solutions under names such as Milo, Nescafé, Maggi, Chef, Nestea, Stouffer's, Chef-Mate, Sjora, Minor's, and Lean Cuisine. Specializing further, it offers healthcare nutrition products like Boost, Peptamen, Resource, Optifast, and Nutren Junior. Its frozen dessert segment features Dreyer's, Mövenpick, Häagen-Dazs, Nestlé Ice Cream, and Extrême. Finally, the company's substantial pet care division encompasses Purina, ONE, Alpo, Felix, Pro Plan, Cat Chow, Fancy Feast, Bakers, Friskies, Dog Chow, Beneful, and Gourmet. Established in 1866, Nestlé S.A. maintains its corporate headquarters in Vevey, Switzerland.
Sector: Packaged Foods
Industry: Packaged Foods
Nestlé S.A.
OTC:NSRGYConsumer Defensive · Packaged Foods
-2.11%$104.30
CLOSED · Nov 6Prev close$106.55-2.11%Close$104.30
Mkt Cap$268.22B
Float2.53B
O/S2.57B
VOL359K sh
$ Vol$37.4M
RVOL0.88×
Inst Own-
SI<0.1%
EarningsFeb 18 · in 3mo
Div Yield3.78%
Dilution
Financials Summary
Revenue$104.37B
Net Income$10.53B
Total Assets$155.45B
Free Cash Flow$13.27B
Debt & Equity
Debt 64%
Equity 36%
Total Debt$70.73B
Total Equity$40.11B
Shares Outstanding
Short Interest
Split History1 split
- 2.5:1Forward splitJul 3, 20081 share → 2.5
Balance Sheet Details
Assets$155.45B
Liabilities$115.03B
Accounts Receivable$14.6B
Accounts Payable$19.68B
Inventory$15.66B
PP&E (Net)$39.79B
Goodwill$33.79B
Intangible Assets$20.38B
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 | $104.37B | $112B | $114B | $115.31B | $106.35B | $103B | $113.04B | $112.04B | $109.81B | $109.64B | $108.78B | $112.18B | $112.8B | $112.74B | $102.3B | $127.75B | $122.82B | $134.21B | $131.34B | $120.23B | $111.22B | $105.96B | $107.44B | $108.88B | $103.43B | $99.43B | $91.17B | $87.61B |
| YoY Growth | -6.8% | -1.7% | -1.1% | 8.4% | 3.3% | -8.9% | 0.9% | 2.0% | 0.2% | 0.8% | -3.0% | -0.5% | 0.1% | 10.2% | -19.9% | 4.0% | -8.5% | 2.2% | 9.2% | 8.1% | 5.0% | -1.4% | -1.3% | 5.3% | 4.0% | 9.1% | 4.1% | - |
| Cost of Revenue | $56.79B | $59.43B | $61.46B | $63.19B | $55.52B | $52.32B | $56.96B | $56.26B | $55.65B | $53.97B | $54.62B | $58.07B | $58.75B | $59.1B | $53.89B | $54.68B | $53.08B | $57.81B | $55B | $49.72B | $46.34B | $44.14B | $45.89B | $47.04B | $46.11B | $46.55B | $43.85B | $43.92B |
| Gross Profit | $47.58B | $52.57B | $52.54B | $52.12B | $50.82B | $50.68B | $56.08B | $55.78B | $54.16B | $55.67B | $54.16B | $54.11B | $54.05B | $53.64B | $48.41B | $73.07B | $69.74B | $76.41B | $76.34B | $70.52B | $64.88B | $61.82B | $61.54B | $61.84B | $57.32B | $52.88B | $47.32B | $43.7B |
| Gross Margin | 45.6% | 46.9% | 46.1% | 45.2% | 47.8% | 49.2% | 49.6% | 49.8% | 49.3% | 50.8% | 49.8% | 48.2% | 47.9% | 47.6% | 47.3% | 57.2% | 56.8% | 56.9% | 58.1% | 58.6% | 58.3% | 58.3% | 57.3% | 56.8% | 55.4% | 53.2% | 51.9% | 49.9% |
| Research and Development | $1.88B | $2.04B | $2.02B | $2.07B | $2.04B | $1.92B | $2.04B | $2.06B | $2.12B | $2.12B | $2.05B | $1.99B | $1.84B | $1.89B | $1.74B | $1.71B | $1.66B | $2.41B | $2.29B | $2.12B | $1.83B | $1.73B | $1.47B | $1.48B | $1.42B | $1.27B | $1.09B | $985.47M |
| Selling, General, and Administrative | $30.76B | $31.36B | $30.91B | $30.82B | $30.79B | $30.81B | $34.54B | $34.95B | $34.24B | $36.31B | $35.19B | $34.27B | $34.33B | $34.02B | $30.53B | $54.22B | $51.94B | $54.85B | $55.7B | $52.15B | $48.74B | $46.7B | $46.63B | $8.68B | $43.71B | $39.51B | $35.6B | $33.4B |
| Other | -$1.7B | $1.2B | $2.43B | $4.61B | $4.2B | $130.66M | -$371.23M | $354.13M | $434.73M | $249.12M | $75.71M | -$80.6M | -$194.16M | -$107.46M | -$158.75M | $0 | $0 | $0 | $0 | $0 | $0 | -$853.59M | -$652.1M | $2.06B | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $30.94B | $34.59B | $35.36B | $37.5B | $37.03B | $32.87B | $36.21B | $38.06B | $41B | $38.89B | $38.02B | $31.27B | $36.85B | $35.93B | $32.34B | $58.24B | $54.49B | $48.35B | $57.76B | $54.9B | $51.69B | $50.37B | $50.02B | $51.26B | $45.73B | $41.28B | $37.16B | $34.75B |
| Operating Income (EBIT) | $16.64B | $17.98B | $17.17B | $15.05B | $14.26B | $18.07B | $19.86B | $18.73B | $17.95B | $17.25B | $16.79B | $17.77B | $17.51B | $17.01B | $15.23B | $13.9B | $14.46B | $26.66B | $17.63B | $14.78B | $12.49B | $10.59B | $10.87B | $10.58B | $11.26B | $11.22B | $9.66B | $8.67B |
| Operating Margin | 15.9% | 16.1% | 15.1% | 13.1% | 13.4% | 17.5% | 17.6% | 16.7% | 16.3% | 15.7% | 15.4% | 15.8% | 15.5% | 15.1% | 14.9% | 10.9% | 11.8% | 19.9% | 13.4% | 12.3% | 11.2% | 10.0% | 10.1% | 9.7% | 10.9% | 11.3% | 10.6% | 9.9% |
| Interest Expense | $1.97B | $2.25B | $1.83B | $1.53B | $1.09B | $1.01B | $1.26B | $1.02B | $759.3M | $679.27M | $659.48M | $929.3M | $1.04B | $721.7M | $643.55M | $1.01B | $909.76M | $1.35B | $1.81B | $831.61M | $716.82M | $816.95M | $1.47B | $1.72B | $0 | $0 | $0 | $0 |
| Interest Income | $233.25M | $437.17M | $172.18M | $256.44M | $56.1M | $94.03M | $197.84M | $264.53M | $151.36M | $122.71M | $92.58M | $527.54M | $465.26M | $134.33M | $106.24M | $70.83M | $101.36M | $124.56M | $510.44M | $0 | $0 | $0 | $742.46M | $909.76M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$2.77B | -$288.19M | -$293.08M | -$5.35B | $9.5B | $1.15B | -$249.12M | $189.28M | $156.31M | -$777.87M | -$762M | $4.54B | -$770.55M | -$587.37M | -$514.11M | -$930.52M | $0 | $0 | -$1.12B | -$831.61M | $0 | -$1.04B | -$725.36M | -$812.07M | -$661.86M | -$1.03B | -$1.29B | -$1.2B |
| Income Before Tax (EBT) | $13.87B | $17.69B | $16.88B | $13.78B | $23.76B | $19.22B | $19.62B | $16.98B | $12.56B | $16.24B | $15.6B | $22.31B | $16.73B | $16.43B | $14.71B | $13.9B | $14.46B | $26.66B | $16.51B | $14.78B | $12.49B | $9.77B | $10.14B | $11.83B | $10.71B | $10.19B | $8.38B | $7.47B |
| Income Tax Expense | $3.08B | $4.05B | $2.83B | $3.33B | $2.76B | $4.11B | $3.86B | $4.2B | $3.39B | $5.39B | $4.04B | $4.11B | $3.98B | $4.21B | $3.8B | $4.08B | $3.77B | $4.62B | $4.17B | $4.02B | $3.17B | $2.99B | $2.82B | $2.8B | $2.97B | $3.37B | $2.83B | $2.44B |
| Net Income | $10.53B | $13.29B | $13.69B | $11.32B | $20.64B | $14.94B | $15.4B | $12.38B | $8.74B | $10.42B | $11.07B | $17.65B | $12.23B | $12.49B | $11.59B | $41.8B | $12.73B | $22.03B | $13B | $11.23B | $9.87B | $8.59B | $7.59B | $9.24B | $8.16B | $7.04B | $5.77B | $5.13B |
| Net Income Margin | 10.1% | 11.9% | 12.0% | 9.8% | 19.4% | 14.5% | 13.6% | 11.0% | 8.0% | 9.5% | 10.2% | 15.7% | 10.8% | 11.1% | 11.3% | 32.7% | 10.4% | 16.4% | 9.9% | 9.3% | 8.9% | 8.1% | 7.1% | 8.5% | 7.9% | 7.1% | 6.3% | 5.9% |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | 3.36 | 4.19 | 4.23 | 3.42 | 6.06 | 4.30 | 4.30 | 3.36 | 2.31 | 2.76 | 2.90 | 4.53 | 3.14 | 3.21 | 2.97 | 10.16 | 2.92 | 4.87 | 2.78 | 2.39 | 2.08 | 1.70 | 1.61 | 1.95 | 1.73 | 1.49 | 6.11 | 5.35 |
| Diluted EPS | 3.35 | 4.19 | 4.23 | 3.42 | 6.06 | 4.29 | 4.30 | 3.36 | 2.31 | 2.75 | 2.89 | 4.52 | 3.13 | 3.20 | 2.96 | 10.12 | 2.91 | 4.84 | 2.76 | 2.38 | 2.06 | 1.67 | 1.59 | 1.93 | 1.71 | 1.48 | 6.04 | 5.30 |
| Weighted Average OS | 2.57B | 2.60B | 2.65B | 2.71B | 2.79B | 2.85B | 2.93B | 3.01B | 3.09B | 3.09B | 3.13B | 3.19B | 3.19B | 3.19B | 3.20B | 3.37B | 3.57B | 3.70B | 3.83B | 3.85B | 3.89B | 3.88B | 3.87B | 3.88B | 3.87B | 8.07B | 8.07B | 8.07B |
| EBITDA | $21.08B | $22.79B | $21.74B | $19.63B | $18.56B | $22.43B | $24.41B | $23.52B | $22.75B | $21.07B | $20.54B | $21.33B | $21.11B | $20.19B | $18.94B | $18.79B | $19.48B | $17.87B | $22.24B | $20.24B | $16.71B | $16.23B | $16.04B | $13.68B | $14.52B | $14.94B | $13.33B | $12.11B |
| EBITDA Margin | 20.2% | 20.3% | 19.1% | 17.0% | 17.5% | 21.8% | 21.6% | 21.0% | 20.7% | 19.2% | 18.9% | 19.0% | 18.7% | 17.9% | 18.5% | 14.7% | 15.9% | 13.3% | 16.9% | 16.8% | 15.0% | 15.3% | 14.9% | 12.6% | 14.0% | 15.0% | 14.6% | 13.8% |
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 | $5.6B | $6.78B | $5.88B | $6.73B | $8.53B | $5.57B | $6.76B | $5.5B | $9.69B | $9.76B | $5.96B | $9.1B | $7.83B | $7.13B | $6.03B | $9.84B | $3.34B | $7.13B | $8.05B | $6.45B | $21.24B | $5.99B | $8.64B | $7.74B | $9.3B | $6.66B | $4.06B | $6.09B |
| Short-Term Investments | $2.02B | $2.83B | $1.26B | $1.44B | $8.56B | $4.12B | $5.77B | $7.08B | $799.86M | $1.59B | $1.12B | $1.75B | $779.1M | $4.38B | $3.72B | $10B | $3.16B | $1.58B | $3.54B | $7.57B | $0 | $714.37M | $816.95M | $3.49B | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $7.62B | $9.61B | $7.14B | $8.17B | $17.09B | $10.51B | $12.53B | $12.65B | $10.68B | $11.47B | $7.19B | $10.95B | $8.73B | $11.95B | $9.75B | $19.84B | $6.5B | $8.71B | $11.6B | $14.01B | $21.24B | $6.7B | $9.46B | $11.23B | $9.3B | $6.66B | $4.06B | $6.09B |
| Accounts Receivable | $14.6B | $13.74B | $10.99B | $10.78B | $10.47B | $9.89B | $11.51B | $11.12B | $11.89B | $12.24B | $11.84B | $12.56B | $11.44B | $15.93B | $16.29B | $0 | $0 | $0 | $19.17B | $18.53B | $0 | $14.42B | $15.69B | -$2.32B | $0 | $0 | $0 | $0 |
| Inventory | $15.66B | $16.19B | $14.53B | $18.34B | $14.63B | $12.33B | $11.41B | $11.14B | $11.21B | $10.26B | $9.96B | $11.2B | $10.24B | $10.92B | $11.3B | $9.68B | $9.44B | $11.41B | $11.32B | $9.8B | $9.97B | $8.58B | $8.54B | $8.3B | $9.39B | $8.75B | $9.02B | $8.48B |
| Other Current Assets | $614.94M | $2.76B | $4.38B | $4.86B | $5.05B | $8.28B | $7.49B | $14.51B | $4.46B | $4.46B | $6.25B | $6.07B | $5.38B | $18.27B | $2.25B | $17.19B | $32.03B | $19.47B | $613.02M | $43.96M | $19.01B | $12.68B | $9.84B | $25.18B | $25.46B | $22.14B | $20.11B | $17.75B |
| Total Current Assets | $39.08B | $42.97B | $37.68B | $42.82B | $47.94B | $41.6B | $43.55B | $50.07B | $38.94B | $39.13B | $35.94B | $41.47B | $36.72B | $41.54B | $40.69B | $47.62B | $48.69B | $40.36B | $43.68B | $43.11B | $51B | $43.09B | $44.25B | $43.16B | $47.68B | $37.55B | $33.18B | $32.58B |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $39.79B | $41.16B | $37.2B | $36.81B | $34.61B | $31.55B | $35.12B | $36.58B | $37.58B | $33.65B | $32.45B | $34.71B | $32.84B | $32.45B | $29.27B | $26.18B | $26.38B | $25.76B | $26.94B | $24.7B | $23B | $20.82B | $21.3B | $20.79B | $24.3B | $42.47B | $38.8B | $36.34B |
| Goodwill | $33.79B | $37.36B | $35.04B | $38.18B | $37.87B | $33.73B | $35.29B | $38.71B | $36.32B | $40.31B | $40.02B | $42.2B | $37.9B | $39.92B | $35.42B | $0 | $0 | $0 | $40.81B | $34.82B | $32.96B | $29.13B | $32.66B | $31.41B | $30.84B | $9.65B | $0 | $0 |
| Intangible Assets | $20.38B | $23.5B | $22.26B | $62.89B | $65.01B | $58.33B | $57.05B | $22.75B | $25.17B | $24.91B | $23.49B | $24.18B | $15.48B | $15.9B | $22.85B | $0 | $0 | $0 | $8.81B | $4.61B | $3.48B | $2.48B | $1.92B | $1.52B | $1.1B | $996.46M | $0 | $0 |
| Long-Term Investments | $19.52B | $19.12B | $19.74B | $19.88B | $17.87B | $17.83B | $17.24B | $16.31B | $21.53B | $20.06B | $17.21B | $17.27B | $20.59B | $20.23B | $15.56B | $7.44B | $12.54B | $12.66B | $12.51B | $6.12B | $11.71B | $7.22B | $5.41B | -$367.57M | $6.57B | -$14.16B | $0 | $0 |
| Deferred Tax Assets | $1.16B | $1.22B | $1.44B | $1.27B | $1.54B | $1.57B | $2.58B | $2.22B | $2.57B | $2.5B | $2.01B | $2.51B | $2.74B | $3.55B | $3.02B | $2.33B | $2.69B | $3.47B | $2.72B | $2.97B | $2.07B | $1.77B | $1.71B | $1.85B | $2.34B | $3.14B | $0 | $0 |
| Other Long-Term Assets | $1.73B | $4.73B | $1.17B | -$36.76B | -$34.92B | -$33.16B | -$34.6B | -$2.22B | -$2.57B | -$2.5B | -$2.01B | -$2.51B | -$2.74B | -$3.55B | $3.93B | $10.31B | $3.44B | $1.66B | $4.53B | $7.99B | $2.04B | $1.85B | $2.12B | $8.31B | $1.7B | $373.67M | $0 | $0 |
| Total Long-Term Assets | $116.36B | $127.09B | $116.86B | $122.26B | $121.97B | $109.85B | $112.68B | $114.36B | $120.61B | $118.92B | $113.17B | $118.35B | $106.82B | $108.5B | $98.63B | $88.71B | $86.76B | $89.35B | $96.34B | $81.21B | $75.26B | $63.27B | $65.12B | $63.51B | $66.85B | $42.47B | $38.8B | $36.34B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.88B | $3.12B | $3.02B | $2.3B | $3.14B | $3.55B | $3.68B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $155.45B | $170.06B | $154.54B | $165.08B | $169.91B | $151.46B | $156.23B | $167.32B | $162.67B | $161.07B | $151.41B | $162.96B | $147.08B | $153.72B | $139.32B | $136.33B | $135.45B | $129.7B | $140.02B | $124.32B | $126.26B | $106.36B | $109.37B | $106.67B | $114.53B | $80.01B | $71.97B | $68.92B |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $19.68B | $20.37B | $17.33B | $19.29B | $19.08B | $16.85B | $17.12B | $15.93B | $15.74B | $15B | $20.81B | $21.29B | $19.63B | $17.86B | $16.59B | $15.38B | $15.92B | $15.4B | $17.31B | $15.35B | $13.58B | $11.08B | $12.03B | $12.13B | $12.83B | $12.21B | $11.77B | $10.36B |
| Short-Term Debt | $14.19B | $13.16B | $10.43B | $12.5B | $11.94B | $14.04B | $16.63B | $17.34B | $13.14B | $15.82B | $12.7B | $11.3B | $14.17B | $22.48B | $19.66B | $15.41B | $17.63B | $18.78B | $29.97B | $17.22B | $20.95B | $17.98B | $18.83B | $22.84B | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $5.04B | $2.88B | $2.99B | $3.62B | $3.25B | $3.26B | $3.33B | $3.02B | $1.49B | $1.37B | $1.54B | $1.56B | $1.99B | $1.73B | $1.32B | $1.43B | $1.01B | $1.05B | $1.08B | $860.91M | $713.15M | $670.41M | $1.03B | $1.09B | $1.33B | $1.29B | $1.13B |
| Current Unearned Revenue | $0 | $0 | $0 | $2.99B | $3.62B | $3.25B | $3.26B | -$17.94B | -$13.69B | -$14.8B | -$11.76B | -$10.76B | -$13.9B | -$22.67B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.41B | $4.52B | -$22.84B | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $13.02B | $8.25B | $8.18B | $4.83B | $5.01B | $5.24B | $5.14B | $10.98B | $9.71B | $7.75B | $2.65B | $2.93B | $2.46B | $4.83B | $5.04B | $4.71B | $9.08B | $5.38B | $4.58B | $6.01B | $8.36B | $5.78B | $5.55B | $6.23B | $36.14B | $14.76B | $13.71B | $16.1B |
| Total Current Liabilities | $49.75B | $52.34B | $45.29B | $48.82B | $48.87B | $48.51B | $50.82B | $52.55B | $46.63B | $45.81B | $40.69B | $40.17B | $40.2B | $47.13B | $43.02B | $36.81B | $44.06B | $40.57B | $52.91B | $39.66B | $43.74B | $35.56B | $37.08B | $41.2B | $50.67B | $28.3B | $27.09B | $27.59B |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $56.54B | $60.84B | $53.48B | $50.17B | $41.75B | $31.46B | $28.25B | $28.37B | $19.41B | $13.37B | $14B | $14.91B | $12.41B | $11B | $7.58B | $9.14B | $10.95B | $7.75B | $7.48B | $8.49B | $9.96B | $0 | $0 | $0 | $606.91M | $490.9M | $322.38M | $218.59M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25.27B | $15.14B | $8.65B | $10.26B | $11.01B | $9.19B | $8.01B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$490.9M | $0 | -$218.59M |
| Long-Term Deferred Tax Liabilities | $4.34B | $4.6B | $3.52B | $4.48B | $4.63B | $0 | $3.16B | $3.1B | $4.26B | $4.72B | $3.74B | $3.9B | $3.23B | $2.78B | $2.52B | $1.67B | $1.71B | $1.64B | $1.71B | $862.13M | $812.07M | $545.86M | $703.38M | $600.81M | $1.59B | $1.89B | $1.62B | $1.7B |
| Other Long-Term Liabilities | $4.4B | $9.78B | $8.86B | $10.98B | $10.88B | $12.05B | $9.45B | $0 | $0 | $0 | $0 | $0 | $0 | -$2.95B | $15.04B | $12.26B | $13.23B | $12.69B | $11.69B | $10.77B | $8.95B | $21.07B | $25.4B | $21.36B | $19.86B | $12.07B | $11.56B | $9.9B |
| Total Long-Term Liabilities | $65.28B | $72.91B | $64.82B | $64.01B | $55.43B | $46.15B | $40.86B | $28.37B | $19.41B | $13.37B | $14B | $14.91B | $12.41B | $10.79B | $25.14B | $23.08B | $25.89B | $22.07B | $20.88B | $20.12B | $19.71B | $21.62B | $26.1B | $21.96B | $22.06B | $14.45B | $13.5B | $11.82B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15.08B | $20.64B | $21.31B | $18.59B | $20.11B | $16.14B | $19.27B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $115.03B | $125.25B | $110.1B | $112.82B | $104.3B | $94.66B | $91.68B | $96B | $86.68B | $80.5B | $73.28B | $75.18B | $68.75B | $77.19B | $68.16B | $59.89B | $69.95B | $62.64B | $73.79B | $59.78B | $63.45B | $57.17B | $63.18B | $63.16B | $72.73B | $42.75B | $40.59B | $39.41B |
| 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 |
| Common Stock | $315.42M | $319.94M | $326.05M | $335.82M | $344.37M | $351.69M | $363.9M | $373.67M | $379.78M | $379.78M | $389.55M | $393.21M | $393.21M | $393.21M | $402.98M | $423.74M | $445.72M | $467.7M | $479.91M | $489.68M | $493.35M | $493.35M | $493.35M | $493.35M | $493.35M | $493.35M | $493.35M | $493.35M |
| Retained Earnings | $77.08B | $81.04B | $83.05B | $91.07B | $99.09B | $93.33B | $101.29B | $103.33B | $102.12B | $101.2B | $107.48B | $110.93B | $104.11B | $98.18B | $97.83B | $107.98B | $82.72B | $86.88B | $63.85B | $61.01B | $58.19B | $48.72B | $44.08B | $39.45B | $33.6B | $28.56B | $21.3B | $20.11B |
| Comprehensive Income & Other | -$36.81B | -$32.27B | -$33.44B | -$28.78B | -$26.98B | -$29.77B | -$26.2B | -$24.97B | -$23.77B | -$22.92B | -$25.85B | -$20.9B | -$25.4B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | -$37.29B | -$37.5B | -$39.73B | -$40.14B | -$34.54B | -$37.88B | -$38.11B | -$33.66B | -$28.07B | -$22.7B | -$31.74B | -$25.68B | -$28.09B | -$24.07B | -$28.88B | -$32.85B | -$23.43B | -$25.35B | -$724.14M | $765.66M | $2.18B | -$1.32B | $467.7M | $2.57B | $7B | $7.46B | $8.84B | $8.21B |
| Total Equity | $40.11B | $43.86B | $43.65B | $51.27B | $64.89B | $55.8B | $63.54B | $70.05B | $74.44B | $78.87B | $76.12B | $85.64B | $76.41B | $74.5B | $69.36B | $75.55B | $59.73B | $62B | $63.6B | $62.27B | $60.87B | $47.89B | $45.04B | $42.52B | $41.1B | $36.52B | $30.62B | $28.81B |
| Minority Interest | $303.19M | $947.61M | $787.64M | $989.13M | $716.82M | $1B | $1.01B | $1.27B | $1.55B | $1.7B | $2.01B | $2.14B | $1.91B | $2.02B | $1.8B | $892.66M | $5.76B | $5.06B | $2.62B | $2.27B | $1.94B | $1.29B | $1.15B | $992.8M | $703.38M | $743.68M | $763.22M | $698.5M |
| Total Liabilities and Equity | $155.14B | $169.12B | $153.75B | $164.09B | $169.2B | $150.46B | $155.22B | $166.05B | $161.12B | $159.37B | $149.4B | $160.82B | $145.17B | $151.69B | $137.52B | $135.44B | $129.69B | $124.65B | $137.39B | $122.05B | $124.32B | $105.06B | $108.22B | $105.68B | $113.82B | $79.27B | $71.21B | $68.22B |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $70.73B | $77.62B | $67.46B | $66.32B | $57.26B | $48.78B | $45.38B | $49.33B | $36.36B | $28.34B | $25.93B | $25.9B | $26.55B | $33.68B | $27.24B | $24.55B | $28.58B | $26.53B | $37.45B | $25.71B | $30.9B | $17.98B | $18.83B | $22.84B | $606.91M | $490.9M | $322.38M | $218.59M |
| Net Debt | $65.13B | -$6.78B | $61.58B | $59.59B | $48.34B | $43.21B | $38.63B | $43.83B | $26.67B | $18.58B | $19.96B | $16.8B | $18.72B | $26.54B | $21.21B | $14.71B | $25.24B | $19.41B | $29.4B | $19.26B | $9.66B | $11.99B | $10.19B | $15.1B | -$8.69B | -$6.17B | -$3.73B | -$5.87B |
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 | $11.3B | $13.65B | $13.69B | $11.32B | $20.64B | $14.94B | $15.4B | $12.38B | $8.74B | $10.42B | $11.07B | $17.65B | $12.23B | $13.51B | $11.97B | $43.21B | $14.4B | $23.26B | $13.9B | $11.94B | $10.52B | $6.78B | $7.33B | $9.02B | $7.74B | $6.81B | $5.55B | $0 |
| Depreciation & Amortization | $4.44B | $4.37B | $4.22B | $4.32B | $4.2B | $4.23B | $4.53B | $4.79B | $4.8B | $3.82B | $3.75B | $3.56B | $3.6B | $3.85B | $3.57B | $3.89B | $4.11B | $3.97B | $3.92B | $3.74B | $3.33B | $5.35B | $5.17B | $3.1B | $3.15B | $3.34B | $3.17B | $3.55B |
| Deferred Income Tax | $204.09M | $0 | $0 | $58.62M | -$8.85B | $807.18M | -$42.74M | $665.53M | $246.67M | $615.46M | -$113.57M | $1.49B | $251.56M | -$805.96M | -$139.21M | -$30.22B | -$534.86M | -$10.86B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $163.63M | $141.65M | $252.78M | $221.03M | $294.3M | $328.49M | $374.89M | $170.96M | $178.29M | $201.49M | $202.71M | $190.5M | $188.06M | $190.5M | $192.94M | $228.36M | $283.31M | $305.29M | $300.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||
| Accounts Receivable | $23.33M | -$433.51M | -$1.25B | -$391.99M | -$1.01B | $43.96M | -$1.26B | -$667.97M | -$63.5M | -$56.17M | -$394.43M | -$1.09B | -$313.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$705.58M | -$1.53B | $2.14B | -$4.19B | -$1.73B | -$2.12B | -$869.46M | -$549.52M | -$1.02B | -$290.63M | -$30.53M | -$652.1M | -$191.72M | $327.27M | -$1.56B | -$1.1B | $1.34B | -$1.86B | -$1.22B | -$52.51M | -$555.62M | -$558.07M | -$285.75M | $34.19M | $0 | $0 | $0 | $0 |
| Accounts Payable | $774.39M | $0 | $79.37M | $600.81M | $2.58B | $1.46B | $2.03B | $1.27B | $637.44M | $2.34B | $1.21B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$464.17M | $3.03B | -$103.8M | -$476.25M | -$582.49M | $153.87M | $407.87M | -$1.27B | -$637.44M | -$2.34B | -$1.21B | $592.26M | -$470.14M | $1.64B | -$2.2B | $86.7M | $1.91B | -$742.46M | $1.52B | $64.72M | -$376.12M | $835.27M | -$554.4M | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$372.03M | $1.07B | $865.8M | -$4.45B | -$732.69M | -$470.14M | $311.39M | -$1.22B | -$1.09B | -$346.81M | -$424.96M | -$1.74B | -$505.56M | $1.97B | -$3.76B | -$1.01B | $3.25B | -$2.6B | $297.96M | $12.21M | -$931.74M | $277.2M | -$840.15M | $961.05M | -$1.06B | -$449.38M | $286.97M | -$617.9M |
| Other Non-Cash Items | $2.82B | $1.13B | $437.17M | $3.07B | $1.37B | -$2.28B | -$1.22B | $2.02B | $4.46B | $4.32B | $2.91B | -$1.78B | $2.73B | $551.96M | $85.48M | $521.43M | $384.66M | -$926.85M | -$1.71B | -$1.43B | $10.06B | $306.51M | $707.05M | -$573.94M | $689.95M | $1.1B | $6.54B | $4.85B |
| Net Cash from Operating | $18.55B | $20.36B | $19.47B | $14.54B | $16.93B | $17.56B | $19.36B | $18.8B | $17.34B | $19.03B | $17.46B | $17.95B | $18.31B | $19.26B | $11.92B | $16.62B | $21.9B | $13.14B | $16.41B | $14.26B | $12.46B | $12.71B | $12.36B | $12.51B | $10.52B | $10.81B | $10B | $7.78B |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditures | -$5.73B | -$7.28B | -$6.98B | -$6.55B | -$6.52B | -$5.33B | -$5.14B | -$4.72B | -$4.81B | -$4.9B | -$4.73B | -$4.78B | -$6.02B | -$6.97B | -$6.14B | -$6.09B | -$6.16B | -$6.66B | -$6.83B | -$5.97B | -$5.05B | -$4.92B | -$4.91B | -$5.21B | -$4.76B | -$4.27B | -$3.6B | -$3.74B |
| Acquisitions | -$1.57B | -$1.67B | -$705.83M | -$2.63B | -$4.23B | -$738.8M | $11.99B | -$7B | -$1.32B | -$1.86B | -$387.11M | $2.8B | $87.92M | -$13.26B | -$4.13B | $27.34B | -$438.39M | $12.61B | -$12.84B | -$6.96B | -$663.09M | -$448.16M | -$1.5B | -$868.24M | -$22.92B | -$3.48B | -$537.31M | -$4.92B |
| Purchases of Investments | -$81.64M | $0 | $0 | -$1.12B | -$5.28B | -$1.14B | -$659.42M | -$6.3B | -$170.96M | -$1.32B | -$53.73M | -$1.34B | -$297.96M | -$234.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $737.07M | $0 | $0 | $7.21B | $11.35B | $0 | $3.64B | $889M | $716.82M | $3.18B | $636.22M | $311.39M | $3.72B | $2.73B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $160.94M | -$1.58B | $117.23M | $29.31M | $968.37M | $283.31M | $360.24M | -$288.19M | -$460.37M | $600.81M | -$538.53M | -$741.24M | $549.52M | $2.42B | -$2.61B | -$3.49B | $1.22M | -$213.7M | $426.18M | $83.04M | $21.98M | $517.77M | $630.11M | $273.54M | $1.25B | $1.56B | $764.44M | $1.12B |
| Net Cash from Investing | -$6.48B | -$10.53B | -$7.57B | -$3.06B | -$3.72B | -$6.92B | $10.18B | -$17.42B | -$6.04B | -$7.48B | -$5.07B | -$3.75B | -$1.96B | -$17.81B | -$12.87B | $17.77B | -$6.59B | $5.74B | -$19.24B | -$12.85B | -$5.69B | -$4.85B | -$5.77B | -$5.81B | -$26.43B | -$6.18B | -$3.37B | -$7.54B |
| Financing Activities | ||||||||||||||||||||||||||||
| Debt Repaid | $1.87B | -$3.59B | -$7.59B | -$9.35B | -$8.38B | -$8.73B | $3.94B | -$8.78B | -$3.93B | -$323.61M | -$1.07B | -$284.53M | -$1.88B | -$4.37B | $1.41B | -$356.58M | -$2.7B | -$934.18M | $620.35M | $1.05B | $920.75M | $1.26B | -$1.8B | -$2.74B | -$3.53B | $344.37M | -$522.65M | -$1.22M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $928.08M | $0 | $127M | $73.27M | $1.46B | $643.55M | $339.48M | $356.58M | $780.32M | $1.2B | $1.11B | $1.58B | $699.72M | $805.96M | $482.36M | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$248.41M | -$5.71B | -$6.39B | -$13.04B | -$8B | -$8.32B | -$11.93B | -$8.37B | -$4.02B | $0 | -$7.79B | -$1.97B | -$587.37M | -$649.65M | -$6.69B | -$14.82B | -$8.56B | -$10.62B | -$6.66B | -$3.4B | -$1.9B | -$873.12M | -$388.33M | -$738.8M | -$1.38B | -$934.18M | $0 | $0 |
| Dividends Paid | -$9.15B | -$9.54B | -$9.56B | -$9.3B | -$9.38B | -$9.4B | -$8.83B | -$8.7B | -$8.7B | -$8.47B | -$8.49B | -$8.38B | -$8B | -$7.59B | -$7.25B | -$6.65B | -$6.16B | -$5.58B | -$4.89B | -$4.24B | -$3.8B | -$3.42B | -$3.3B | -$3.03B | -$2.6B | -$2.02B | -$1.79B | -$1.68B |
| Other Financing Activities | -$200.6M | -$245.45M | -$457.93M | -$346.81M | -$1.1B | -$327.27M | -$565.39M | $3.26B | -$1.06B | $595.92M | $267.43M | -$494.57M | -$812.07M | -$450.61M | $7.55B | -$965.93M | -$3.43B | -$448.16M | $3.7B | $7.57B | -$2.32B | -$3.36B | -$243.01M | -$611.8M | $1.12B | $2.07B | -$232.02M | $1.33B |
| Net Cash from Financing | -$12.68B | -$8.99B | -$11.92B | -$13.16B | -$11.18B | -$12.68B | -$25.82B | -$5.03B | -$11.09B | -$7.55B | -$14.94B | -$12.99B | -$14.85B | -$69.61M | -$2.88B | -$31.52B | -$15.09B | -$20.62B | $4.76B | -$36.63M | -$7.96B | -$9.68B | -$4.9B | -$5.81B | $18.54B | -$1.74B | -$9B | $1.82B |
| Forex Effect | $275.8M | $64.72M | -$832.83M | -$122.12M | $108.68M | -$686.29M | -$269.87M | -$382.22M | -$264.99M | -$206.37M | -$583.71M | $51.29M | -$642.33M | -$275.98M | $23.2M | -$142.87M | -$224.69M | $809.62M | -$78.15M | -$617.9M | $891.44M | -$230.8M | -$232.02M | -$445.72M | -$35.41M | -$81.82M | $285.75M | -$106.24M |
| Net Change in Cash | -$339.98M | $903.65M | -$848.7M | -$1.8B | $2.15B | -$2.73B | $2.98B | -$4.03B | -$63.5M | $3.79B | -$3.13B | $1.26B | $857.25M | $1.1B | -$3.81B | $2.73B | -$12.21M | -$926.85M | $1.85B | $757.11M | -$297.96M | -$2.65B | $898.77M | -$1.56B | $2.68B | $2.68B | -$2.32B | $2.03B |
| Supplementary Data | ||||||||||||||||||||||||||||
| Operating Cash Flow | $18.55B | $20.36B | $19.47B | $14.54B | $16.93B | $17.56B | $19.36B | $18.8B | $17.34B | $19.03B | $17.46B | $17.95B | $18.31B | $19.26B | $11.92B | $16.62B | $21.9B | $13.14B | $16.41B | $14.26B | $12.46B | $12.71B | $12.36B | $12.51B | $10.52B | $10.81B | $10B | $7.78B |
| Capital Expenditure | -$5.28B | -$7.28B | -$7.57B | -$6.55B | -$6.52B | -$5.33B | -$5.14B | -$4.72B | -$4.81B | -$4.9B | -$4.73B | -$4.78B | -$6.02B | -$6.97B | -$6.14B | -$6.09B | -$6.16B | -$6.66B | -$6.83B | -$5.97B | -$5.05B | -$4.92B | -$4.91B | -$5.21B | -$4.76B | -$4.27B | -$3.6B | -$3.74B |
| Free Cash Flow | $13.27B | $13.08B | $11.89B | $7.99B | $10.41B | $12.23B | $14.21B | $14.08B | $12.53B | $14.13B | $12.74B | $13.17B | $12.29B | $12.29B | $5.78B | $10.53B | $15.74B | $6.48B | $9.58B | $8.29B | $7.41B | $7.79B | $7.46B | $7.3B | $5.76B | $6.54B | $6.4B | $4.04B |
| Cash at Beginning | $5.94B | $5.88B | $6.73B | $8.53B | $5.57B | $6.76B | $3.78B | $9.69B | $9.76B | $5.96B | $9.1B | $7.83B | $6.98B | $6.03B | $9.84B | $7.11B | $7.13B | $8.05B | $6.2B | $5.69B | $5.99B | $8.64B | $7.74B | $9.3B | $6.62B | $3.97B | $6.37B | $4.06B |
| Cash at End | $5.6B | $6.78B | $5.88B | $6.73B | $8.53B | $5.57B | $6.76B | $5.67B | $9.69B | $9.76B | $5.96B | $9.1B | $7.83B | $7.13B | $6.03B | $9.84B | $7.11B | $7.13B | $8.05B | $6.45B | $5.69B | $5.99B | $8.64B | $7.74B | $9.3B | $6.66B | $4.06B | $6.09B |