OakChart

Sap SE ADR

SAPTechnology·Software - Application·Germany·Mega·NYSE·Nov 13 • 7:08 AM ET

235.79+1.73 (0.74%)
2026-11-13 13:11 CET
Market cap
$266.20B
Revenue, TTM
45,750.09 USD m
Net income, TTM
9,531.14 USD m
Free cash flow, TTM
10,487.16 USD m
EPS diluted, TTM
8.18
Price / earnings
28.83
Compare

Price

SAP against its 20, 50 and 200-day averages
Terms2050200Beat
Patternshover a marker to name it
RS 33Sales 12,012Price12,01212,139150.00175.00200.00225.00250.003.1M6.2MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26SAPclose 235.7920-day 235.1550-day 221.65200-day 192.00235.7952w low 144.9752-week range, not 6 months

7.9% under the 52-week high of 255.90 on 13 Jan 2026. 52-week low 144.97 on 23 Jul 2026. Last 15 sessions, 8.0% high to low

Volume 0.10× normal · the line is the 50-bar volume average

Setup. RS line 33
CANSLIM 2 of 6 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); Performance: Year +50%; Institutional Ownership: Over 50%
VCP 5 of 6 — fails: Average True Range: Under 2
Minervini 3 of 4 — fails: Performance: Year +50%
Zanger 3 of 5 — fails: Performance: Week +10%; Relative Volume: Over 1.5
Leaders 4 of 5 — fails: Performance: Year +50%
Breakout 2 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2
Growth 1 of 4 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); EPS Growth Next Year: High (>25%)
Quality 3 of 5 — fails: Debt/Equity: Low (<0.1); P/E: Under 25
Value 1 of 4 — fails: P/E: Under 15; P/B: Under 2; Debt/Equity: Low (<0.1)
Income 1 of 4 — fails: Dividend Yield: Over 2%; Payout Ratio: Low (<20%); P/E: Under 25
Small Cap 2 of 4 — fails: Float: Under 100M; Performance: Year +50%
Accumulation 1 of 4 — fails: Institutional Ownership: Over 30%; Institutional Transactions: Over +10%; Performance: Year Up
Relative Strength 2 of 3 — fails: Performance: Year +100%

Profile

SAP
52-week range, 82% of the way up
144.97255.90

SAP SE engages in the provision of enterprise application software and software-related services. It operates through the following segments: Applications, Technology, and Support; Qualtrics; and Services. The Applications, Technology, and Services segment includes sale of software licenses, support offerings, and cloud subscriptions. The Qualtrics segment sells experience management cloud solutions. The Services segment offers professional services, premium support services, implementation services for software products, and education services on the use of products. The company was founded by Hasso Plattner, Klaus Tschira, Claus Wellenreuther, Dietmar Hopp, and Hans-Werner Hector on April 1, 1972 and is headquartered in Walldorf, Germany.

Employees110650
IPOMay 16, 1996
Beta1.09
ATR, 14d5.46
Rel volume0.10
Short float0.24%
Insider own0.00%
Inst own7.76%

Snapshot

6 groups

Valuation

Index-
Market Cap$266.20B
Enterprise Value268.18B
Income9.53B
Sales45.75B
Book / share46.23
Cash / share9.42
Dividend Est.2.96 (1.26%)
Dividend TTM2.94 (1.25%)
Dividend Ex-DateMay 05, 2026
Dividend Gr. 3/5Y9.95% 5.60%
Payout30.80%
Employees110650
IPOMay 16, 1996

Ratios

Price / earnings28.83
Forward price / earnings25.28
Price / earnings / growth1.76
Price / sales5.82
Price / book5.10
Price / cash25.03
Price / free cash flow25.38
Value / cash profit18.29
Value / sales5.86
Quick Ratio1.16
Current Ratio1.16
Debt / equity0.23
Long-term debt / equity0.19
Options and shortYes / Yes

Earnings

Earnings / share8.18
Earnings next year9.33
Earnings next quarter2.20
Earnings this year8.04%
Earnings next year17.68%
Earnings growth, 5 years14.36%
Past earnings growth50.05% 6.91%
Past sales growth10.21% 5.91%
Earnings vs last year22.30%
Sales vs last year13.45%
Earnings vs last quarter11.25%
Sales vs last quarter11.40%
EarningsOct 21 AMC
Surprise4.00% 1.02%

Ownership

Insiders own0.00%
Insider trades-
Institutions own7.76%
Institution trades-1.45%
Return on assets11.41%
Return on equity18.60%
Return on capital15.40%
Gross Margin75.69%
Operating margin28.80%
Profit Margin20.83%
20-day average0.27%
50-day average6.38%
200-day average22.80%

Technical

Shares out1.13B
Shares floating1.13B
Short / float0.24%
Short ratio1.19
Short interest2.69M
52-week high255.90 -7.9%
52-week low144.97 +62.6%
Volatility1.56% 1.94%
Average range5.46
Strength index56.93
Market sensitivity1.09
Relative volume0.10
Avg Volume2.25M
Volume10,724

Performance

Perf Week1.00%
Perf Month4.80%
Perf Quarter13.45%
Perf Half Y39.13%
Perf YTD-2.93%
Perf Year-6.38%
Perf 3Y62.58%
Perf 5Y66.52%
Perf 10Y185.30%
Recommendation1.47
Target Price282.91
Prev Close234.06
Price235.79
Change %0.74%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Nov 09, 2026UpgradeJP MorganNeutral → Overweight
Oct 30, 2026UpgradeErste GroupHold → Buy
Aug 26, 2026DowngradeUBSBuy → Neutral
Jul 24, 2026ReiteratedBMO Capital MarketsOutperform$175 → $177-24.9%
Apr 24, 2026ReiteratedBMO Capital MarketsOutperform$210 → $200-15.2%
Apr 22, 2026UpgradeHSBC SecuritiesHold → Buy
Apr 14, 2026DowngradePiper SandlerOverweight → Neutral
Apr 13, 2026ReiteratedBMO Capital MarketsOutperform$245 → $210-10.9%
Mar 24, 2026DowngradeJP MorganOverweight → Neutral
Feb 03, 2026ResumedPiper SandlerOverweight

Peers

Mkt cap
TickerCompanyMkt cap
ORCLOracle Corp389.34B
CRMSalesforce Inc180.09B
WDAYWorkday Inc46.27B
NOWServiceNow Inc105.44B
MSFTMicrosoft Corp3833.92B
ADBEAdobe Inc93.25B
INTUIntuit Inc90.91B
IBMInternational Business Machines Corp231.46B
SNOWSnowflake Inc106.55B
DDOGDatadog Inc67.09B

Held by

AUM
TickerCompanyAUM
AIQGlobal X Artificial Intelligence & Technology ETFAUM: 9.55B
SEQSequoia ETFAUM: 7.07B
AVDEAvantis International Equity ETFAUM: 19.85B
SKYYFirst Trust Cloud Computing ETFAUM: 3.18B
BAFEBrown Advisory Flexible Equity ETFAUM: 1.77B
FWDAB Disruptors ETFAUM: 3.15B
IDVOAmplify CWP International Enhanced Dividend Income ETFAUM: 1.38B
FENIFidelity Enhanced International ETFAUM: 11.81B
EAGLEagle Capital Select Equity ETFAUM: 5.02B
BINVBrandes International ETFAUM: 576.24M

News

latest 14 of 200

Quarterly earnings

2026Q3 EPS 2.116 beat 2.035, from 1.847 a year earlier. Sales 11,500 beat 11,384, from 10,541 a year earlier
EPS
2.11602024Q4 EPS 1.459 against 1.40124Q42025Q1 EPS 1.634 against 1.46325Q12025Q2 EPS 1.760 against 1.65925Q22025Q3 EPS 1.847 against 1.74525Q32025Q4 EPS 1.933 against 1.76525Q42026Q1 EPS 2.013 against 1.93226Q12026Q2 EPS 1.809 against 2.01426Q22026Q3 EPS 2.116 against 2.03526Q3
Sales, USD millions
11,55302024Q4 sales 9,775 against 9,52224Q42025Q1 sales 10,230 against 9,99425Q12025Q2 sales 10,592 against 10,51725Q22025Q3 sales 10,541 against 10,61725Q32025Q4 sales 11,553 against 11,39225Q42026Q1 sales 11,185 against 11,19326Q12026Q2 sales 11,240 against 11,30226Q22026Q3 sales 11,500 against 11,38426Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-10-21 16:302.1162.0352.17211,50011,384EPS +4.0% · sales +1.0%vs 2025Q3, year-ago quarter · EPS +14.6% · sales +9.1%15 EPS · 17 salesOpen +1.86% vs SPY -0.87%. Close +3.38% vs SPY -1.18%
2026Q2ended 2026-06-302026-07-23 16:301.8092.0142.18811,24011,302EPS -10.2% · sales -0.5%vs 2025Q2, year-ago quarter · EPS +2.8% · sales +6.1%17Open +5.03% vs SPY +0.04%. Close +9.30% vs SPY +0.10%
2026Q1ended 2026-03-312026-04-23 16:302.0131.9321.93511,18511,193EPS +4.2% · sales -0.1%vs 2025Q1, year-ago quarter · EPS +23.2% · sales +9.3%17 EPS · 18 salesOpen +7.26% vs SPY +0.32%. Close +7.36% vs SPY +0.77%
2025Q4ended 2025-12-312026-01-29 08:301.9331.7651.83311,55311,392EPS +9.5% · sales +1.4%vs 2024Q4, year-ago quarter · EPS +32.4% · sales +18.2%16 EPS · 17 salesOpen -15.70% vs SPY +0.14%. Close -15.20% vs SPY -0.20%
2025Q3ended 2025-09-302025-10-22 16:301.8471.7451.99810,54110,617EPS +5.8% · sales -0.7%vs 2024Q3, year-ago quarter · EPS +38.9% · sales +15.1%17 EPS · 16 salesOpen -2.28% vs SPY +0.05%. Close +0.84% vs SPY +0.59%
2025Q2ended 2025-06-302025-07-22 16:301.7601.6591.64010,59210,517EPS +6.1% · sales +0.7%vs 2024Q2, year-ago quarter · EPS +47.5% · sales +17.8%19 EPS · 18 salesOpen -4.37% vs SPY +0.43%. Close -5.11% vs SPY +0.85%
2025Q1ended 2025-03-312025-04-22 16:301.6341.4631.59210,2309,994EPS +11.7% · sales +2.4%vs 2024Q1, year-ago quarter · EPS +88.6% · sales +18.9%20Open +8.41% vs SPY +2.50%. Close +7.56% vs SPY +1.55%
2024Q4ended 2024-12-312025-01-28 08:301.4591.4011.4469,7759,522EPS +4.2% · sales +2.7%vs 2023Q4, year-ago quarter · EPS -5.1% · sales +5.9%18Open -2.05% vs SPY +0.21%. Close -0.66% vs SPY +0.86%
2024Q3ended 2024-09-302024-10-21 16:301.3301.3021.3649,1569,249EPS +2.2% · sales -1.0%vs 2023Q3, year-ago quarter · EPS -13.2% · sales +11.9%16 EPS · 17 salesOpen +3.02% vs SPY -0.44%. Close +1.24% vs SPY -0.05%
2024Q2ended 2024-06-302024-07-22 16:301.1931.1500.8078,9898,922EPS +3.7% · sales +0.7%vs 2023Q2, year-ago quarter · EPS +0.0% · sales +6.7%17Open +6.03% vs SPY -0.02%. Close +7.13% vs SPY -0.16%
2024Q1ended 2024-03-312024-04-22 16:300.8671.059-0.7708,6028,607EPS -18.2% · sales -0.1%vs 2023Q1, year-ago quarter · EPS -37.8% · sales +5.4%15 EPS · 17 salesOpen +3.73% vs SPY +0.41%. Close +5.52% vs SPY +1.19%
2023Q4ended 2023-12-312024-01-23 16:301.5371.7221.0869,2319,024EPS -10.7% · sales +2.3%vs 2022Q4, year-ago quarter · EPS +41.6% · sales +0.8%18 EPS · 16 salesOpen +6.84% vs SPY +0.61%. Close +6.87% vs SPY +0.11%
2023Q3ended 2023-09-302023-10-18 16:301.5321.4321.1788,1848,286EPS +7.0% · sales -1.2%vs 2022Q3, year-ago quarter · EPS +37.4% · sales +4.8%19 EPS · 17 sales-
2023Q2ended 2023-06-302023-07-20 08:301.1931.2870.2358,4218,402EPS -7.3% · sales +0.2%-18 EPS · 16 sales-
2023Q1ended 2023-03-312023-04-21 08:301.3941.2040.4388,1658,023EPS +15.7% · sales +1.8%-15 EPS · 14 sales-
2022Q4ended 2022-12-312023-01-26 08:301.0851.4540.4769,1569,030EPS -25.4% · sales +1.4%vs 2021Q4, year-ago quarter · EPS -47.7% · sales +2.9%19 EPS · 18 sales-

Annual earnings

2025FY EPS 7.337 beat 7.078, from 4.722 a year earlier. Sales 43,901 beat 43,221, from 35,627 a year earlier
EPS
7.51402018FY EPS 4.966 against 4.96320182019FY EPS 5.621 against 5.55420192020FY EPS 6.573 against 6.39220202021FY EPS 7.514 against 7.43420212022FY EPS 4.428 against 4.71420222023FY EPS 5.462 against 5.65820232024FY EPS 4.722 against 4.66120242025FY EPS 7.337 against 7.0782025
Sales, USD millions
43,90102018FY sales 28,242 against 27,99120182019FY sales 30,399 against 30,58920192020FY sales 33,219 against 32,84620202021FY sales 31,041 against 31,61920212022FY sales 33,507 against 32,85220222023FY sales 34,020 against 33,64820232024FY sales 35,627 against 35,58420242025FY sales 43,901 against 43,2212025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2030FYestimate-13.501--67,17717.47
2029FYestimate-11.906--62,03419.80
2028FYestimate-10.972--56,84021.49
2027FYestimate-9.328--50,71025.28
2026FYestimate-7.927--45,27129.75
2025FY7.3377.0787.49243,90143,22133.11
2024FY4.7224.6612.86435,62735,58452.14
2023FY5.4625.6582.36134,02033,64828.30
2022FY4.4284.7142.04333,50732,85223.30
2021FY7.5147.4345.26531,04131,61918.54
2020FY6.5736.3924.96233,21932,84619.73
2019FY5.6215.5543.11330,39930,58923.70
2018FY4.9664.9634.03428,24227,99119.93
2017FY5.5115.0683.77429,11928,42620.27
2016FY4.1484.0533.35623,72823,55320.72
2015FY4.0854.0482.83922,59222,48657.72
2014FY4.1814.2133.28521,27321,44956.40
2013FY4.5134.5073.79223,17323,23152.25
2012FY3.8883.9513.12121,49421,41060.64
2011FY3.6893.6463.74018,47518,50663.93
2010FY3.0572.9122.05016,72116,58377.14

Quarterly results

2026Q3 revenue 11,816, from 10,606 a year earlier. Operating margin 29.7%, from 28.4% a year earlier
Revenue, USD millions
11,81602024Q4 revenue 10,00324Q42025Q1 revenue 9,48625Q12025Q2 revenue 10,23225Q22025Q3 revenue 10,60625Q32025Q4 revenue 11,27225Q42026Q1 revenue 11,17926Q12026Q2 revenue 11,48426Q22026Q3 revenue 11,81626Q3
Operating margin
29.902024Q4 operating margin 26.6%24Q42025Q1 operating margin 27.3%25Q12025Q2 operating margin 28.6%25Q22025Q3 operating margin 28.4%25Q32025Q4 operating margin 27.6%25Q42026Q1 operating margin 29.9%26Q12026Q2 operating margin 27.9%26Q22026Q3 operating margin 29.7%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 7.93 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYEper share2026-11-117.93-0.2%
2026Q4Eper share2026-11-112.20-0.1%
2026FYRper share2026-11-118.06-0.2%
2026Q4Rper share2026-11-112.09-0.1%
2026FYSUSD millions2026-11-1145,2710.0%
2026Q4SUSD millions2026-11-1112,012-0.1%
2026Q3Eper share2026-10-192.03-0.1%
2026Q3SUSD millions2026-10-1911,384-0.1%
2026Q3Rper share2026-10-141.94-0.3%
2026Q2Eper share2026-07-212.01-0.2%
2026Q2SUSD millions2026-07-2111,302-0.1%
2026Q2Rper share2026-07-171.94-0.3%
2026Q1Eper share2026-04-211.93+0.4%
2026Q1Rper share2026-04-211.88+0.7%
2026Q1SUSD millions2026-04-2111,1930.0%
2025FYEper share2026-01-267.07+0.4%
2025Q4Eper share2026-01-261.77+0.4%
2025FYRper share2026-01-266.990.0%
2025Q4Rper share2026-01-261.59+1.6%
2025FYSUSD millions2026-01-2643,109+0.2%
2025Q4SUSD millions2026-01-2611,392+0.3%
2025Q3Eper share2025-10-171.74+0.4%
2025Q3Rper share2025-10-171.60+1.1%
2025Q3SUSD millions2025-10-1710,617-0.1%
2025Q2Eper share2025-07-181.66+0.1%
2025Q2SUSD millions2025-07-1810,517+0.2%
2025Q2Rper share2025-07-161.54+0.2%
2025Q1Eper share2025-04-171.45-0.1%
2025Q1SUSD millions2025-04-179,994+0.4%
2025Q1Rper share2025-04-161.29+0.9%
2024FYEper share2025-01-244.66-0.2%
2024Q4Eper share2025-01-241.400.0%
2024FYRper share2025-01-242.79-1.3%
2024Q4Rper share2025-01-241.28-0.1%
2024FYSUSD millions2025-01-2435,584-0.2%
2024Q4SUSD millions2025-01-249,522+0.0%
2024Q3Eper share2024-10-171.32-0.1%
2024Q3Rper share2024-10-171.15+0.4%
2024Q3SUSD millions2024-10-179,250-0.1%
2024Q2SUSD millions2024-07-218,9130.0%
2024Q2Eper share2024-07-181.15-0.3%
2024Q2Rper share2024-07-181.06-1.2%
2024Q1Eper share2024-04-181.06-0.2%
2024Q1Rper share2024-04-180.64-0.2%
2024Q1SUSD millions2024-04-188,607-0.3%
2023FYEper share2024-01-235.66+0.5%
2023FYRper share2024-01-223.57-0.1%
2023FYSUSD millions2024-01-2233,6480.0%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share3.7744.0343.1134.9625.2652.0432.3612.8646.8788.1792-
Sales USD millions26,46229,14930,83931,16532,90931,02533,73836,96841,53245,750-
Shares million shares1,1931,1941,1941,1801,1801,1671,1671,1671,168-1,129
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share1.3641.4461.5921.641.9981.8331.9352.1882.223
Sales USD millions9,30510,0039,48610,23210,60611,27211,17911,48411,816
Shares million shares1,1501,1671,1671,1651,1391,1681,1681,1541,129

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue45,750.0941,531.67+12.3%36,967.86+9.6%33,738.37+8.7%31,024.76-5.7%32,908.71+5.6%31,164.62+1.1%30,838.66+5.8%29,149.26
Cost of Goods Sold Incl. D&A12,229.4311,158.25+12.6%9,912.61+6.6%9,301.92+11.3%8,354.19-8.5%9,129.62+4.9%8,701.42-6.9%9,351.32+6.2%8,803.29
Gross Profit34,628.0330,373.42+12.3%27,055.25+10.7%24,436.46+7.8%22,670.57-4.7%23,779.09+5.9%22,463.20+4.5%21,487.34+5.6%20,345.96
Selling, General and Administrative Excl. Other20,345.3618,997.35+4.8%18,132.38+4.7%17,318.39+10.4%15,684.74-9.9%17,405.85+21.9%14,278.18-6.3%15,237.45+12.3%13,570.66
Research and Development8,251.527,480.21+6.2%7,040.73+3.1%6,829.41+7.1%6,378.36+4.2%6,122.66+20.8%5,069.47+5.5%4,803.82+12.4%4,275.41
Other Operating Expense0.000.000.000.00--23,620.27--
Operating Income13,175.3111,376.07+27.5%8,922.87+25.4%7,118.07+1.9%6,985.83+9.6%6,373.24-22.1%8,185.02+31.0%6,249.88-7.8%6,775.30
Interest Expense1,649.13847.56+9.6%773.41-9.2%851.92+103.7%418.29+20.0%348.68-13.1%401.27-39.1%659.24+33.7%493.14
Unusual Expense462.35467.23-87.7%3,785.92+347.8%845.43+45.7%580.14-37.1%921.95+40.9%654.35-48.3%1,264.75+5541.2%22.42
Net Income Before Taxes13,383.3511,590.50+124.9%5,153.17-10.8%5,774.24+21.7%4,743.05-41.4%8,093.02-1.7%8,230.62+60.0%5,144.07-22.1%6,606.60
Income Taxes3,720.903,322.53+90.3%1,745.85-7.2%1,882.22+23.9%1,518.66-12.7%1,738.69-21.3%2,208.13+60.9%1,372.20-23.0%1,782.60
Consolidated Net Income9,662.458,267.96+142.7%3,407.33-12.5%3,892.02+20.7%3,224.39-49.3%6,354.33+5.5%6,022.48+59.7%3,771.87-21.8%4,824.00
Net Income From Continuing Operations9,531.148,081.75+139.2%3,379.20-14.0%3,927.69+14.0%3,445.09-44.5%6,212.49+5.9%5,865.17+57.8%3,717.02-22.8%4,816.92
Net Income9,531.148,081.75+139.2%3,379.20+21.3%2,786.03+16.1%2,400.43-61.4%6,212.49+5.9%5,865.17+57.8%3,717.02-22.8%4,816.92
EPS (Recurring) per share8.477.16+40.1%5.11+78.7%2.86+19.7%2.39-58.9%5.81+8.6%5.35+39.0%3.85-4.9%4.05
EPS (Basic, Before Extraordinaries) per share8.236.93+139.0%2.90+21.3%2.39+16.6%2.05-61.0%5.26+6.0%4.96+59.5%3.11-22.8%4.03
EPS (Diluted) per share8.186.88+140.6%2.86+21.2%2.36+15.7%2.04-61.2%5.26+6.0%4.96+59.5%3.11-22.8%4.03
EBITDA14,658.7512,855.63+24.7%10,307.43+19.8%8,602.44-0.4%8,634.80+1.9%8,471.26-17.5%10,272.31+23.1%8,345.12-0.4%8,382.12
Non-Operating Income (Expense)2,316.041,529.22+93.7%789.63+123.4%353.52-1,244.35-141.6%2,990.41+171.6%1,101.22+34.6%818.17+135.9%346.85
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense1,285.401,396.45-25.9%1,883.28+7.5%1,752.06+37.1%1,278.35-44.7%2,311.72+167.2%865.01-39.8%1,437.67+109.1%687.49
Price To Earnings Ratio ratio statement ratio, not the snapshot28.4328.4397.7340.3726.9526.4525.7842.9124.70
Price To Sales Ratio ratio5.306.877.865.413.915.024.955.194.08
Gross Margin %75.6973.1373.1972.4373.0772.2672.0869.6869.80
Operating Margin %28.8027.3924.1421.1022.5219.3726.2620.2723.24
Net Margin %20.8319.469.148.267.7418.8818.8212.0516.53
Shares Outstanding million shares1,128.991,167.56+0.1%1,166.59-0.1%1,167.23+0.0%1,167.12-1.1%1,179.580.0%1,179.58-1.2%1,193.650.0%1,193.65
Market Capitalization264,251.40264,251.40-6.7%283,089.80+56.6%180,823.92+49.8%120,691.02-26.6%164,330.14+7.5%152,929.89-3.8%159,017.36+34.6%118,144.47

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue11,815.83+11.4%11,484.08+12.2%11,178.66+17.8%11,271.52+12.7%10,606.46+14.0%10,231.67+14.7%9,485.85+8.7%10,003.44+9.9%
Cost of Goods Sold Incl. D&A3,137.47+12.8%3,055.60+13.1%2,993.84+19.4%3,042.52+18.6%2,782.50+13.4%2,701.02+11.1%2,506.97+1.9%2,565.40+5.6%
Gross Profit8,678.37+10.9%8,428.48+11.9%8,184.81+17.3%8,229.00+10.6%7,823.96+14.2%7,530.66+16.0%6,978.88+11.4%7,438.05+11.4%
Selling, General and Administrative Excl. Other5,165.83+7.3%5,225.22+13.4%4,839.99+10.4%5,114.32+7.0%4,815.91+10.6%4,607.48+4.8%4,385.61-4.6%4,777.72+5.2%
Research and Development2,143.42+11.6%2,144.04+17.1%1,988.88+13.0%1,975.19+10.7%1,920.05+11.5%1,831.66+6.1%1,759.72-2.5%1,784.58-0.4%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income3,512.54+16.8%3,203.27+9.6%3,344.82+29.0%3,114.68+17.1%3,008.05+20.4%2,923.17+39.6%2,593.27+55.4%2,660.33+24.7%
Interest Expense330.20-9.4%375.56+23.6%341.62+15.9%601.75+85.0%364.61+37.7%303.77+16.6%294.69+11.3%325.34+55.2%
Unusual Expense116.20+27.5%115.11-9.3%113.48-12.3%117.56-73.9%91.15+118.4%126.95-83.6%129.45-94.9%451.21+418.1%
Net Income Before Taxes3,453.86+7.7%3,496.27+23.3%3,212.62+23.7%3,220.60+36.8%3,207.88+35.8%2,835.90+89.9%2,597.482,354.19+24.3%
Income Taxes843.33+4.0%927.84+8.7%935.94+32.3%1,013.78+60.8%811.03+4.0%853.49+69.0%707.26630.42-1.5%
Consolidated Net Income2,610.53+8.9%2,568.43+29.6%2,276.68+20.4%2,206.82+28.0%2,396.85+51.4%1,982.41+100.6%1,890.221,723.77+37.6%
Net Income From Continuing Operations2,587.52+10.5%2,534.71+31.8%2,260.30+20.7%2,148.62+25.8%2,341.93+45.7%1,923.47+101.2%1,873.381,707.77+34.0%
Net Income2,587.52+10.5%2,534.71+31.8%2,260.30+20.7%2,148.62+25.8%2,341.93+45.7%1,923.47+101.2%1,873.381,707.77+34.0%
EPS (Recurring) per share2.29+11.7%2.26+31.4%2.00+19.8%1.90+11.1%2.05+47.5%1.72+36.5%1.67+125.7%1.71+51.3%
EPS (Basic, Before Extraordinaries) per share2.25+11.9%2.20+33.3%1.94+20.5%1.84+25.2%2.01+45.7%1.65+101.2%1.611.47+34.9%
EPS (Diluted) per share2.22+11.0%2.19+33.5%1.94+22.0%1.83+26.2%2.00+47.1%1.64+102.5%1.591.45+33.0%
EBITDA3,895.66+15.3%3,570.68+8.7%3,701.65+25.0%3,488.87+15.5%3,379.67+18.7%3,284.75+35.1%2,960.58+47.4%3,019.81+22.0%
Non-Operating Income (Expense)386.57-41.1%781.34+127.5%322.90-24.6%825.23+75.0%656.77+283.2%343.44-20.6%428.35+739.7%471.48+759.9%
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense409.01+14.5%376.76-11.8%237.57-24.6%262.06-45.1%357.21-14.7%427.21-5.9%314.95-40.8%477.73+16.1%
Price To Earnings Ratio ratio statement ratio, not the snapshot28.4320.7024.0936.0843.8157.7392.8197.73
Price To Sales Ratio ratio5.304.014.626.847.779.148.387.87
Gross Margin %73.4573.3973.2273.0173.7773.6073.5774.35
Operating Margin %29.7327.8929.9227.6328.3628.5727.3426.59
Net Margin %21.9022.0720.2219.0622.0818.8019.7517.07
Shares Outstanding million shares1,128.99-0.8%1,154.20-0.9%1,167.56+0.1%1,167.56+0.1%1,138.59-1.0%1,164.60-0.2%1,166.59-0.1%1,166.59-0.1%
Market Capitalization264,251.40-15.1%179,931.13-49.3%199,896.24-36.2%276,574.90-2.3%311,192.77+16.4%354,760.02+50.7%313,159.42+37.6%283,089.80+56.6%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments11,201.90-2.4%11,480.59-7.9%12,461.56+20.4%10,349.12-21.9%13,255.20+56.0%8,498.78+34.9%6,298.35-39.3%10,374.09+110.7%4,924.48
Short Term Receivables9,064.41+11.8%8,105.89+3.8%7,809.88+6.5%7,329.87-4.6%7,681.79-7.7%8,323.81-11.9%9,443.59+24.1%7,607.66+2.1%7,450.96
Inventories0.000.000.000.000.000.000.000.000.00
Other Current Assets1,865.03+58.5%1,176.33+9.3%1,075.93+9.5%982.94-47.1%1,857.05+15.0%1,615.09+21.0%1,334.65+31.2%1,017.40-47.8%1,950.10
Total Current Assets22,131.34+6.6%20,762.81-2.7%21,347.36+14.4%18,661.93-18.1%22,794.04+23.6%18,437.67+8.0%17,076.59-10.1%18,999.15+32.6%14,325.54
Net Property, Plant & Equipment5,281.50+13.5%4,652.50-1.5%4,723.48-10.3%5,265.81-7.0%5,659.84-8.2%6,167.920.0%6,169.26+51.9%4,061.61+14.0%3,562.77
Total Investments and Advances7,887.61+16.4%6,777.35+20.3%5,635.92-0.2%5,644.69-20.9%7,135.93+66.1%4,297.11+63.9%2,622.16+49.3%1,755.88+26.6%1,386.92
Long-Term Note Receivable571.96+6.6%536.39+21.4%441.86+36.6%323.38+93.4%167.17-1.0%168.85+15.7%145.93+8.2%134.89-4.8%141.69
Intangible Assets36,755.59+4.5%35,175.93+0.8%34,899.21-11.4%39,394.33-1.2%39,865.68+4.0%38,324.03+1.5%37,775.49+22.6%30,822.75+5.9%29,104.99
Deferred Tax Assets5,263.88+4.7%5,027.35+8.4%4,636.22+1.0%4,592.38+127.0%2,023.08+39.2%1,453.58+3.5%1,404.25+21.1%1,159.15-6.9%1,245.23
Other Assets7,468.33+20.5%6,198.50+3.0%6,015.92+9.7%5,485.66+66.9%3,287.65+22.5%2,684.47+12.0%2,397.66+23.5%1,941.07+55.6%1,247.63
Total Assets85,360.20+7.9%79,130.84+1.8%77,699.98-2.1%79,368.18-1.9%80,933.39+13.1%71,533.63+5.8%67,591.34+14.8%58,874.51+15.4%51,014.79
Short Term Debt Incl. Current Port. of LT Debt2,175.08-46.6%4,070.55+156.4%1,587.38-65.7%4,623.33-2.4%4,738.71+107.8%2,280.70-30.4%3,277.70+273.3%877.94-43.7%1,558.64
Accounts Payable2,855.09+38.7%2,058.57+4.5%1,969.59-14.0%2,290.32+27.5%1,796.78+7.4%1,672.59-5.8%1,774.67+4.1%1,704.44+23.3%1,382.12
Income Tax Payable1,136.87+87.7%605.77+106.2%293.84-2.7%302.03-12.6%345.71-31.8%506.55+77.0%286.24-59.0%698.46-2.6%716.88
Other Current Liabilities14,287.18+9.7%13,024.52+5.7%12,323.48+8.0%11,411.04-0.5%11,468.66+1.9%11,252.99+3.3%10,894.99+25.1%8,706.23+1.2%8,602.53
Total Current Liabilities20,454.22+3.5%19,759.41+22.2%16,174.29-13.2%18,626.71+1.5%18,349.86+16.8%15,712.83-3.2%16,233.59+35.4%11,987.07-2.2%12,260.17
Long Term Debt6,605.11-5.1%6,959.60-14.3%8,122.49-13.0%9,339.50-25.2%12,487.59-25.0%16,640.28+14.9%14,480.25+20.2%12,043.09+100.5%6,006.40
Provision for Risks Charges645.95+26.3%511.54+6.9%478.31+24.8%383.14-5.1%403.71-8.9%442.93-17.4%536.55+73.8%308.65-21.6%393.86
Deferred Tax Liabilities2,808.11+8.2%2,596.00+3.6%2,506.45-4.1%2,613.70+689.8%330.93+71.2%193.32+110.0%92.05-21.1%116.60-61.3%301.40
Other Liabilities1,909.66+2.0%1,872.18-24.2%2,470.00-7.7%2,675.60+24.9%2,141.35+11.1%1,927.09+16.7%1,651.20+17.2%1,408.36-0.4%1,414.54
Total Liabilities32,423.04+2.3%31,698.73+6.5%29,751.54-11.6%33,638.65-0.2%33,713.43-3.4%34,916.45+5.8%32,993.64+27.6%25,863.77+26.9%20,376.38
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity52,364.03+11.3%47,051.05-1.3%47,673.38+11.2%42,888.51-2.9%44,183.63+21.5%36,359.01+5.4%34,512.39+4.7%32,959.30+7.7%30,601.19
Total Shareholders Equity52,364.03+11.3%47,051.05-1.3%47,673.38+11.2%42,888.51-2.9%44,183.63+21.5%36,359.01+5.4%34,512.39+4.7%32,959.30+7.7%30,601.19
Accumulated Minority Interest573.13+50.4%381.06+38.5%275.06-90.3%2,841.02-6.4%3,036.32+1076.1%258.17+202.6%85.31+65.8%51.44+38.2%37.22
Total Equity52,937.16+11.6%47,432.11-1.1%47,948.44+4.9%45,729.53-3.2%47,219.96+29.0%36,617.18+5.8%34,597.69+4.8%33,010.74+7.7%30,638.41
Total Liabilities & Stockholders Equity85,360.20+7.9%79,130.84+1.8%77,699.98-2.1%79,368.18-1.9%80,933.39+13.1%71,533.63+5.8%67,591.34+14.8%58,874.51+15.4%51,014.79
Book Value Per Share per share44.85+11.2%40.33-1.2%40.84+11.1%36.75-1.9%37.46+21.5%30.82+6.6%28.91+4.7%27.61+7.7%25.64
Tangible Book Value Per Share per share13.37+31.3%10.18-6.9%10.94+265.9%2.99-18.3%3.66-1.67-2.73-252.5%1.79+43.2%1.25
Full-Time Employees people110,650+1.4%109,121+1.4%107,602+1.2%106,312-1.0%107,415+4.9%102,430+2.1%100,330+4.0%96,498+9.0%88,543
Price to Book Ratio ratio5.066.153.982.873.724.214.613.584.76
Return on Assets %9.844.315.004.308.158.435.888.779.25
Return on Equity %16.267.138.677.9115.4316.5511.0215.1615.48
Return on Invested Capital %13.716.264.994.6010.9611.077.5910.7012.35
Quick Ratio ratio1.081.051.321.001.241.171.051.581.17
Current Ratio ratio1.081.051.321.001.241.171.051.581.17

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income9,462.268,267.96+142.7%3,407.33-47.2%6,447.77+259.2%1,795.06-71.8%6,354.33+5.5%6,022.48+59.7%3,771.87-21.8%4,822.82
Depreciation1,483.451,479.57+6.9%1,384.56-6.7%1,484.37-10.0%1,648.98-21.4%2,098.02+0.5%2,087.29-0.4%2,095.23+30.4%1,606.82
Other Funds (Non Cash)617.671,234.66+120.8%559.23-840.03-128.1%2,993.17-843.93-630.41-508.14-287.86
Funds from Operations11,502.2010,921.25+118.2%5,004.98-27.1%6,864.00+11.3%6,166.07-12.2%7,020.97-6.7%7,527.25+58.8%4,741.14-19.1%5,857.46
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-201.93-761.79-218.8%641.44-18.38-231.21-169.1%334.50-50.4%673.72-828.24-780.99
Cash from Operating Activities11,300.2710,159.46+79.9%5,646.43-17.5%6,845.62+15.3%5,934.85-19.3%7,355.47-10.3%8,200.98+109.6%3,912.89-22.9%5,076.46
Capital Expenditures-813.11-834.02-862.11-848.68-921.70-945.58-930.22-914.43-1,720.08
Net Assets From Acquisitions-2,133.18-792.26-1,216.90-1,361.12-713.61-1,437.29-820.78-6,955.01-2,524.66
Sale of Fixed Assets and Businesses111.96136.56+3.5%131.97+23.3%107.03-73.5%403.57+275.2%107.56-67.6%331.73+124.5%147.74+119.7%67.25
Purchase or Sale of Investments-522.89-73.36-106.0%1,225.56-2,874.69-246.3%1,965.32-1,347.46-2,051.95-136.55-124.4%560.38
Purchase of Investments-5,813.72-6,595.41-6,923.90-3,855.26-2,438.26-5,164.07-2,889.84-1,007.32-1,195.09
Sale Or Maturity of Investments5,290.826,522.05-20.0%8,149.46+731.1%980.57-77.7%4,403.58+15.4%3,816.62+355.5%837.88-3.8%870.78-50.4%1,755.47
Other Uses0.000.000.000.00-32.580.000.000.000.00
Other Sources0.000.000.00-100.0%5,956.950.000.000.000.000.00
Cash from Investing Activities-3,356.06-1,563.08-721.49-173.7%979.49+39.7%701.00-3,622.77-3,471.22-7,858.24-3,617.11
Cash Dividends Paid-3,368.87-3,095.69-2,774.54-2,589.27-3,011.04-2,579.08-2,124.91-2,003.46-1,971.36
Change in Capital Stock-4,806.93-2,186.06-2,278.04-1,025.98-1,576.460.00-1,700.840.000.00
Repurchase of Common Pref Stock-4,806.93-2,186.06-2,278.04-1,025.98-1,576.460.00-1,700.840.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net--3,600.16-310.4%1,711.23-4,397.98-1,352.60-321.50-340.85-113.2%2,587.70-55.8%5,852.74
Change in Long Term Debt-0.000.00------
Issuance of Long Term Debt-0.000.00------
Reduction of Long Term Debt-0.000.00------
Net Financing Active Other Cash Flow-39.58-2.26-1.08-110.0%10.81-289.02-108.8%3,278.82+2927.5%108.30-19.03-8.26
Other Financing Activities Uses-39.58-2.26-1.08-14.05-289.02-63.83-2.28-19.03-8.26
Cash from Financing Activities-7,005.86-9,221.61-3,677.75-8,361.35-6,660.02-63.83-4,489.22-4032.4%114.16-97.1%3,873.12
Exchange Rate Effect8.17-943.49-361.9%360.20-419.47-397.9%140.83-75.4%572.08-243.95-298.1%123.12+7.6%114.44
Net Change in Cash946.53-1,568.72-197.6%1,607.39-955.71-919.2%116.66-97.2%4,240.95-3.42-3,708.07-168.1%5,446.90
Free Cash Flow10,487.169,325.44+94.9%4,784.32-20.2%5,996.95+19.6%5,013.15-21.8%6,409.88-11.8%7,270.76+142.5%2,998.47-10.7%3,356.39
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio34.0945.82144.5653.5360.5643.1629.95160.7985.82
Deferred Taxes & Investment Tax Credit--60.94-346.14-228.12-271.15-587.44-1326.9%47.88-617.83-284.32

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments10,636.10+5.8%12,017.23+28.9%11,116.43-9.3%11,201.90-2.4%10,050.95-25.4%9,322.72-25.5%12,254.87-16.6%11,480.59-7.9%
Short Term Receivables8,836.91+21.4%8,867.43+10.9%10,399.76+13.2%9,064.41+11.8%7,280.30+8.8%7,992.74+11.5%9,189.26+9.2%8,105.89+3.8%
Inventories0.000.000.000.000.000.000.000.00
Other Current Assets5,647.45+15.6%5,009.94-12.7%4,126.03-7.2%1,865.03+58.5%4,884.48+79.7%5,737.78+111.5%4,447.18+72.0%1,176.33+9.3%
Total Current Assets25,119.32+13.1%25,894.60+12.3%25,642.21-1.0%22,131.34+6.6%22,215.72-2.9%23,052.07+2.9%25,890.23+0.7%20,762.81-2.7%
Net Property, Plant & Equipment5,166.98+0.0%5,149.42+1.1%5,158.40+7.0%5,281.50+13.5%5,165.30+9.2%5,093.34+11.7%4,818.77+4.6%4,652.50-1.5%
Total Investments and Advances9,427.56+13.7%9,287.03+16.2%8,795.89+15.0%7,887.61+16.4%8,293.15+20.9%7,990.40+22.0%7,646.74+24.5%6,777.35+20.3%
Intangible Assets38,632.53+4.6%37,781.49+4.4%36,590.42+3.2%36,755.59+4.9%36,916.15+2.7%36,185.10+5.0%35,442.44+2.5%35,054.78+0.4%
Deferred Tax Assets2,693.10+3.7%2,722.20-7.3%2,918.52-6.0%5,263.88+5.6%2,596.75-11.8%2,938.15-8.4%3,103.41-8.0%4,982.83+7.5%
Other Assets5,482.75+9.0%5,438.68+11.2%5,375.01+15.2%7,468.33+20.5%5,030.18+19.1%4,892.61+18.2%4,665.38+10.3%6,198.50+3.0%
Total Assets86,706.25+7.9%86,443.77+7.7%84,642.92+3.6%85,360.20+8.1%80,365.30+3.4%80,290.17+6.4%81,694.45+3.7%78,965.16+1.6%
Short Term Debt Incl. Current Port. of LT Debt2,331.90-34.5%2,011.06-44.9%3,253.81-11.6%2,175.08-46.6%3,562.60-17.4%3,651.85+67.2%3,679.16+105.3%4,070.55+156.4%
Accounts Payable3,409.82+39.9%3,140.65+21.1%2,935.81+23.0%2,855.09+38.6%2,436.95+13.0%2,594.21+29.1%2,387.24+14.8%2,060.64+4.6%
Income Tax Payable1,784.42+62.6%1,553.74+37.2%1,473.66+46.9%1,136.87+87.7%1,097.45+95.9%1,132.77+140.8%1,003.51+49.1%605.77+106.2%
Other Current Liabilities14,179.95+9.0%15,856.43+5.8%16,325.52+7.9%14,287.18+9.7%13,008.42-5.7%14,983.02-2.3%15,128.20-5.8%13,019.34+5.6%
Total Current Liabilities21,706.09+8.0%22,561.88+0.9%23,988.80+8.1%20,454.22+3.5%20,105.42-3.4%22,361.84+11.8%22,198.11+7.7%19,756.30+22.1%
Long Term Debt9,694.48+35.5%9,352.19+41.4%5,804.78-19.8%6,605.11-5.1%7,154.57-8.9%6,614.64-7.8%7,238.42-15.6%6,959.60-14.3%
Provision for Risks Charges714.45+11.2%698.56+27.2%676.34+31.5%645.95+26.3%642.73+30.3%549.36+15.4%514.18+11.8%511.54+6.9%
Deferred Tax Liabilities294.19+33.9%241.24-29.6%229.29-31.3%2,808.11+15.3%219.72-38.1%342.76+19.8%333.78+12.8%2,434.46-2.9%
Other Liabilities1,525.45+6.2%1,859.01+1.8%1,674.15+2.8%1,909.66+2.2%1,435.85-25.5%1,826.51-28.1%1,628.94-18.9%1,869.08-24.3%
Total Liabilities33,934.65+14.8%34,712.87+9.5%32,373.36+1.4%32,423.04+2.8%29,558.30-6.0%31,695.12+4.0%31,913.43-0.1%31,530.97+6.0%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity52,190.04+3.8%51,153.53+6.3%51,687.69+4.7%52,364.03+11.3%50,298.22+9.4%48,125.50+7.8%49,379.18+6.1%47,053.12-1.3%
Total Shareholders Equity52,190.04+3.8%51,153.53+6.3%51,687.69+4.7%52,364.03+11.3%50,298.22+9.4%48,125.50+7.8%49,379.18+6.1%47,053.12-1.3%
Accumulated Minority Interest582.69+14.3%577.37+22.7%581.86+44.4%573.13+50.4%509.95+79.2%470.71+52.0%402.91+45.2%381.06+38.5%
Total Equity52,772.73+3.9%51,730.90+6.5%52,269.55+5.0%52,937.16+11.6%50,808.18+9.8%48,596.22+8.1%49,782.10+6.4%47,434.18-1.1%
Total Liabilities & Stockholders Equity86,707.38+7.9%86,443.77+7.7%84,642.92+3.6%85,360.20+8.1%80,366.48+3.4%80,291.34+6.4%81,695.53+3.7%78,965.16+1.6%
Book Value Per Share per share46.23+4.6%44.32+7.3%44.27+4.6%44.85+11.2%44.18+10.5%41.32+8.0%42.33+6.2%40.33-1.2%
Tangible Book Value Per Share per share12.01+2.2%11.59+13.1%12.93+8.2%13.37+30.1%11.75+34.3%10.25+17.3%11.95+16.7%10.28-6.0%
Full-Time Employees people113,076+2.1%112,019+2.8%111,038+2.6%110,650+1.4%110,730+2.9%108,929+3.4%108,187+0.0%109,121+1.4%
Price to Book Ratio ratio5.063.483.825.506.477.186.666.15
Return on Assets %11.4111.1410.4310.099.939.137.664.31
Return on Equity %18.6018.7117.1716.6716.3015.3312.817.12
Return on Invested Capital %4.184.193.933.644.083.513.313.16
Quick Ratio ratio1.161.151.071.081.101.031.171.05
Current Ratio ratio1.161.151.071.081.101.031.171.05

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income2,610.02+6.3%2,581.59+31.6%2,276.68+20.4%1,993.96+13.1%2,454.47+57.3%1,961.04+96.9%1,890.221,763.42+37.4%
Depreciation383.15-0.6%369.28+3.0%356.83-2.9%374.19+1.1%385.34+11.5%358.40+6.5%367.31+8.1%370.19+8.7%
Other Funds (Non Cash)331.50-6.3%-184.96-132.6%373.21+69.7%97.93+295.2%353.84-62.3%567.67219.96+1742.2%24.78-95.7%
Funds from Operations3,324.66+4.1%2,765.92-4.2%3,006.71+21.4%2,404.90+32.8%3,193.65+12.2%2,887.11+214.3%2,477.501,810.39-17.9%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital-1,148.68874.04+53195.1%983.91-26.1%-911.20-1,186.521.64-99.8%1,331.37-62.3%-2,388.05
Cash from Operating Activities2,175.98+8.4%3,639.96+26.0%3,990.62+4.8%1,493.702,007.14+24.5%2,888.74+75.1%3,808.86+27.3%-577.66-128.4%
Capital Expenditures-191.87-135.47-278.44-207.32-240.97-212.11-176.81-294.61
Net Assets From Acquisitions-967.92-1,156.40-2.34-6.52-783.35-2.27-2370.0%-3.16-13.08
Sale of Fixed Assets and Businesses34.52-12.0%26.87-39.9%37.44-6.4%13.13-71.5%39.21+43.8%44.74+48.6%39.99+36.5%45.99
Purchase or Sale of Investments-596.68-182.9%-856.531,099.73+1765.8%-169.42-177.4%719.37-57.2%-682.53-286.7%58.94218.99
Purchase of Investments-2,034.83-1,386.34-694.94-1,697.61-1787.7%-1,244.59-179.5%-2,240.86-1,437.66100.59
Sale Or Maturity of Investments1,438.15-26.8%529.82-66.0%1,794.67+19.9%1,528.19+1190.7%1,963.96+1630.4%1,558.33-64.4%1,496.60-58.2%118.40+261.5%
Other Uses0.000.000.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.000.000.00
Cash from Investing Activities-1,720.78-2,121.52856.39-370.13-264.65-178.0%-853.26-521.6%-81.04-41.63
Cash Dividends Paid18.79-3,370.970.00-16.68-110.92-2,979.970.00-10.06-129.4%
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock-1,753.91-376.15-2,665.09-11.78-408.59-1,642.52-131.56-529.46
Repurchase of Common Pref Stock-1,753.91-376.15-2,665.09-11.78-408.59-1,642.52-131.56-529.46
Sale of Common Pref Stock0.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-16.713,374.82-584.96-1,243.13-428.0%-363.19-126.8%-693.13-1,314.53378.95
Net Financing Active Other Cash Flow-7.96-26.89-5.851.11-3.38-152.2%0.000.00-1.09-125.9%
Other Financing Activities Uses-7.96-26.89-5.851.11-3.38-152.2%0.000.00-1.09-124.0%
Cash from Financing Activities-1,834.60-466.97-3,324.93-1,379.35-964.94-268.2%-5,395.06-1,517.65-266.90
Exchange Rate Effect31.97-43.35148.58-129.03-127.8%-155.38-278.55-766.4%-384.15-644.5%463.99
Net Change in Cash-1,347.43-316.6%1,008.121,670.66-8.5%-384.81622.17-73.1%-3,638.131,826.02+43.7%-422.19
Free Cash Flow1,984.11+12.3%3,504.49+30.9%3,712.18+2.2%1,286.381,766.17+23.1%2,676.63+83.6%3,632.05+30.2%-872.27-147.5%
Price to Free Cash Flow ratio34.0926.3731.5745.5276.3592.10110.35143.90

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Region
Name20242025vs 20242025 share
Consolidation, Policy1.08---
Country of domicile5,798.226,573.50+13.4%15.8%
Japan1,501.761,769.70+17.8%4.3%
Other Americas2,977.553,340.89+12.2%8.0%
Other Asia Pacific3,682.994,181.19+13.5%10.1%
Other EMEA11,053.3012,629.30+14.3%30.4%
United States11,962.1513,012.79+8.8%31.4%
Total36,977.0641,507.38+12.3%100.0%
Segment
Name20242025vs 20242025 share
Applications Technology And Support32,727.1337,048.72+13.2%89.3%
Consolidation, Policy1.08---
Core Services4,248.864,458.66+4.9%10.7%
Total36,977.0641,507.38+12.3%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-300.24%2.7M1129.0M2.31M
2026-10-150.37%4.1M1129.0M2.54M
2026-09-300.35%4.1M1154.2M2.63M
2026-09-150.44%5.0M1154.2M2.75M
2026-08-310.44%5.0M1154.2M2.94M
2026-08-140.70%8.0M1154.2M3.09M
2026-07-310.74%8.6M1154.2M3.26M
2026-07-150.82%9.6M1167.6M3.30M
2026-06-300.96%11.2M1167.6M3.39M
2026-06-150.88%10.3M1167.6M3.46M
2026-05-290.96%11.2M1167.6M3.46M
2026-05-150.98%11.4M1167.6M3.30M
2026-04-300.77%9.0M1167.6M3.43M
2026-04-150.65%7.6M1167.6M3.31M
2026-03-310.49%5.7M1167.6M3.06M
2026-03-130.40%4.6M1167.6M2.71M
2026-02-270.31%3.7M1167.6M2.37M
2026-02-130.38%4.3M1138.6M2.33M
2026-01-300.24%2.8M1138.6M1.78M
2026-01-150.24%2.8M1138.6M1.49M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call110123.61260.0010.0540.000.000.996-0.5240.001
call115118.5121118.349.5361.000.000.996-0.5210.001
call120112.61160.009.0400.000.000.995-0.5180.002
call125107.71110.008.5640.000.000.995-0.5150.002
call1301031060.008.1060.000.000.995-0.5120.002
call13598.601010.007.6640.000.000.994-0.5080.002
call14092.8096.000.007.2370.000.000.994-0.5050.002
call14587.6091.000.006.8240.000.000.994-0.5000.002
call15082.6086.000.006.4230.000.000.993-0.4960.002
call15577.6081.000.006.0340.000.000.993-0.4920.002
call16072.5076.000.005.6550.000.000.992-0.4870.002
call16567.9071.000.005.2850.000.000.992-0.4810.002
call17062.9066.000.004.9240.000.000.991-0.4750.003
call17558.1061.000.004.5700.000.000.990-0.4690.003
call18052.6056.000.004.2220.000.000.990-0.4620.003
call18548.3051.000.003.8810.000.000.989-0.4540.003
call19043.5046.0047.183.5441.000.000.987-0.4460.004
call192.540.3043.500.003.3770.000.000.987-0.4410.004
call19537.3041.500.003.4970.000.000.986-0.4370.004
call197.534.9038.500.003.0450.000.000.985-0.4310.004
call20032.7036.000.002.8800.000.000.984-0.4250.004
call202.530.3032.800.002.3700.000.000.983-0.4190.005
call20528.1031.000.002.5500.000.000.982-0.4130.005
call207.525.2028.500.002.3850.000.000.981-0.4060.005
call21023.5026.000.002.2200.000.000.979-0.3980.006
call212.520.1023.500.002.0540.000.000.973-0.4610.007
call21518.6021.0018.951.8861.000.000.963-0.5600.009
call217.515.2018.500.001.7170.000.000.927-1.0160.015
call22013.6016.0014.651.5453.000.000.910-1.0870.018
call222.510.6013.500.001.3700.000.000.856-1.5830.025
call2258.8010.5011.601.0394.000.000.841-1.4000.027
call227.56.408.100.000.8920.000.000.804-1.3440.031
call2303.905.905.500.77895.000.000.726-1.4290.037
call232.52.404.103.700.73267.000.000.601-1.5300.043
call2351.152.701.190.70315.001.000.451-1.6090.044
call237.50.351.900.800.74316333.000.332-1.6560.041
call2400.100.750.550.60662.002.000.200-1.1400.031
call242.50.000.600.300.69969.001.000.160-1.1880.027
call2450.001.150.200.83515.000.000.136-1.2530.024
call247.50.000.750.200.95625.000.000.122-1.3320.023
call2500.000.750.051.0771690.000.107-1.3360.021
call252.50.000.750.101.19712.000.000.099-1.4150.020
call2550.000.750.431.3064520.000.095-1.5100.019
call257.50.002.800.001.4150.000.000.085-1.4800.017
call2600.003.400.151.52262.000.000.080-1.5200.017
call262.50.003.400.201.6251.000.000.076-1.5570.016
call2650.002.600.301.7305.000.000.072-1.5960.015
call267.50.004.900.071.82450.000.000.069-1.6240.015
call2700.004.900.051.92611.000.000.066-1.6590.014
call272.50.004.900.002.0090.000.000.063-1.6730.014
call2750.004.900.002.1060.000.000.061-1.7070.014
call277.50.004.900.002.1970.000.000.059-1.7330.013
call2800.004.900.602.2836.000.000.057-1.7500.013
call282.50.004.900.002.3750.000.000.055-1.7800.013
call2850.004.900.002.4700.000.000.054-1.8110.012
call2900.004.900.002.6250.000.000.051-1.8370.012
call2950.004.900.002.7890.000.000.048-1.8750.011
call3000.003.700.002.9630.000.000.046-1.9270.011
call3050.003.700.003.1180.000.000.044-1.9600.010
call3100.003.700.003.2690.000.000.043-1.9910.010
put1100.003.700.006.3520.000.00-0.004-0.5210.001
put1150.003.700.006.0040.000.00-0.004-0.5170.001
put1200.003.700.005.6710.000.00-0.005-0.5140.002
put1250.003.700.005.3510.000.00-0.005-0.5100.002
put1300.003.700.005.0420.000.00-0.005-0.5060.002
put1350.003.700.004.7450.000.00-0.006-0.5020.002
put1400.003.700.004.4580.000.00-0.006-0.4980.002
put1450.003.700.004.1800.000.00-0.006-0.4930.002
put1500.003.700.003.9110.000.00-0.007-0.4890.002
put1550.003.700.003.6490.000.00-0.007-0.4830.002
put1600.002.150.002.9830.000.00-0.008-0.3700.003
put1650.003.700.003.1480.000.00-0.008-0.4720.002
put1700.003.700.002.9060.000.00-0.009-0.4650.003
put1750.004.900.002.6620.000.00-0.010-0.4550.003
put1800.004.900.002.4370.000.00-0.010-0.4490.003
put1850.004.900.002.2110.000.00-0.011-0.4410.003
put1900.004.900.101.9922.000.00-0.013-0.4330.004
put192.50.004.900.001.8800.000.00-0.013-0.4270.004
put1950.004.300.121.77352.000.00-0.014-0.4230.004
put197.50.004.900.001.6640.000.00-0.015-0.4160.004
put2000.004.900.151.5581550.00-0.016-0.4110.004
put202.50.003.600.151.45254.000.00-0.017-0.4050.005
put2050.003.600.151.3441.000.00-0.018-0.3990.005
put207.50.002.350.001.2400.000.00-0.019-0.3910.005
put2100.000.100.201.0232.000.00-0.021-0.3070.006
put212.50.000.750.281.0271.000.00-0.027-0.4510.007
put2150.000.100.220.6277.000.00-0.034-0.2300.012
put217.50.001.350.000.9690.000.00-0.073-0.9980.016
put2200.000.250.300.81324.000.00-0.090-0.9890.019
put222.50.001.550.000.9140.000.00-0.144-1.5630.025
put2250.000.750.150.7705081.00-0.159-1.3830.027
put227.50.050.600.200.6166.002.00-0.199-1.3440.031
put2300.050.850.480.5317421.00-0.277-1.4280.037
put232.50.601.351.080.45942.001.00-0.399-1.5130.043
put2351.602.702.450.49499.0012.00-0.549-1.5910.044
put237.53.004.704.960.59840.000.00-0.664-1.6440.041
put2405.306.608.120.5865.000.00-0.804-1.1020.031
put242.57.209.2010.790.7833.002.00-0.840-1.1680.027
put2459.1011.700.000.9240.000.00-0.862-1.2490.025
put247.511.6014.200.001.0570.000.00-0.878-1.3120.023
put25014.1016.500.001.0950.000.00-0.893-1.3150.021
put252.516.6019.2019.381.2842.000.00-0.901-1.3950.020
put25519.1022.500.001.7500.000.00-0.905-1.4890.019
put257.521.6025.100.001.9150.000.00-0.915-1.4580.017
put26024.1027.000.001.7950.000.00-0.920-1.4980.017
put262.526.6030.200.002.2020.000.00-0.924-1.5350.016
put26529.1032.100.002.0680.000.00-0.928-1.5700.015
put267.531.6034.800.002.2700.000.00-0.931-1.6030.015
put27034.1037.700.002.5540.000.00-0.934-1.6330.014
put272.536.6039.800.002.4880.000.00-0.937-1.6610.014
put27539.1042.700.002.7750.000.00-0.939-1.6880.014
put277.541.6045.000.002.7930.000.00-0.941-1.7140.013
put28044.1047.700.002.9880.000.00-0.943-1.7380.013
put282.546.6050.000.002.9980.000.00-0.945-1.7610.013
put28549.1052.700.003.1950.000.00-0.946-1.7840.012
put29054.1057.400.003.2410.000.00-0.949-1.8240.012
put29559.1062.600.003.5330.000.00-0.952-1.8620.011
put30064.1067.500.003.6630.000.00-0.954-1.8970.011
put30569.1072.300.003.7260.000.00-0.956-1.9300.010
put31074.1077.300.003.8950.000.00-0.957-1.9600.010

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-266-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-26SEC
2026-08-24S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-07-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-28SEC
2026-06-1011-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-05-086-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-08SEC
2026-04-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-28SEC
2026-04-216-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-21SEC
2026-03-066-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-03-06SEC
2026-02-2620-FRegistration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer.2025-12-31SEC
2026-02-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-02-03SEC
2025-11-14S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2025-10-276-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-10-27SEC
2025-07-256-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-07-25SEC
2025-06-1811-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2024-12-31SEC
2025-05-216-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-05-21SEC
2025-04-256-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-04-25SEC
2025-03-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-03-07SEC
2025-02-2720-FRegistration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer.2024-12-31SEC
2025-01-296-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162025-01-29SEC
2024-10-236-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-10-23SEC
2024-09-12S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2024-07-246-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-07-24SEC
2024-06-1811-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2023-12-31SEC
2024-06-116-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-06-11SEC
2024-04-246-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-04-24SEC
2024-03-086-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-03-08SEC
2024-02-2920-FRegistration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer.2023-12-31SEC
2024-02-226-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-02-22SEC
2024-02-126-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162024-02-12SEC
2024-02-02SC 13GSchedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutionsSEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
Fisher Asset Management, LLC1.34%
EAGLE CAPITAL MANAGEMENT LLC0.74%
Capital International Investors0.53%
GOLDMAN SACHS GROUP INC0.52%
MORGAN STANLEY0.47%
WINDACRE PARTNERSHIP LLC0.38%
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC0.21%
FMR LLC0.21%
BANK OF AMERICA CORP /DE/0.20%
UBS Group AG0.17%

Funds

Fund% owned
EUPAC Fund0.62%
Avantis Emerging Markets Equity ETF0.47%
New Perspective Fund0.34%
Washington Mutual Investors Fund0.32%
Growth Fund of America0.31%
Capital Income Builder0.12%
VANGUARD WINDSOR II FUND0.12%
American Funds Fundamental Investors0.10%
American Funds Global Insight Fund0.10%
Eagle Capital Select Equity ETF0.09%

OakChart. SAP. Cached 15 minutes. Terms

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