STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $26.0B | $25.1B | $24.5B | $24.0B | $23.3B | |
| YoY % | -0.5% | -3.5% | -2.4% | -1.9% | -3.1% | |
| P / Sales | 3.4x | 3.3x | 3.0x | 3.7x | 4.2x | |
| EV / Sales | 4.8x | 4.7x | 4.6x | 5.2x | 5.6x | |
| Gross Profit, Adj. | $14.0B | $14.2B | $14.3B | $14.4B | $14.5B | |
| YoY % | +7.4% | +1.8% | +0.3% | +0.6% | +1.2% | |
| Margin % | 53.8% | 56.8% | 58.3% | 59.8% | 62.5% | |
| EV / Gross Profit | 8.9x | 8.4x | 7.9x | 8.6x | 9.0x | |
| EBITDA, Adj. | $11.8B | $12.3B | $11.8B | $11.9B | $12.3B | |
| YoY % | +6.1% | +4.4% | -4.1% | +0.8% | +3.2% | |
| Margin % | 45.4% | 49.1% | 48.3% | 49.6% | 52.8% | |
| EV / EBITDA | 10.5x | 9.6x | 9.5x | 10.4x | 10.7x | |
| EBIT | $11.6B | $12.1B | $11.5B | $11.2B | $9.9B | |
| YoY % | +6.3% | +4.7% | -4.6% | -2.7% | -11.9% | |
| Margin % | 44.4% | 48.2% | 47.2% | 46.8% | 42.5% | |
| EV / EBIT | 10.7x | 9.8x | 9.7x | 11.0x | 13.2x | |
| Net Income | $2.5B | $5.8B | $8.1B | $11.2B | $6.9B | |
| YoY % | -44.8% | +133.4% | +41.1% | +38.5% | -38.3% | |
| Net Margin | 9.5% | 22.9% | 33.1% | 46.8% | 29.8% | |
| EPS (GAAP) | $1.34 | $3.19 | $4.57 | $6.54 | $4.12 | |
| YoY % | -44.2% | +138.1% | +43.3% | +43.1% | -37.0% |