STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $9.8B | $10.3B | $11.7B | $11.8B | $12.9B | |
| YoY % | +3.6% | +6.0% | +12.7% | +1.5% | +8.9% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $6.3B | $6.7B | $7.6B | $7.7B | $8.5B | |
| YoY % | +2.9% | +5.6% | +13.6% | +1.7% | +11.1% | |
| Margin % | 64.6% | 64.4% | 64.9% | 65.0% | 66.3% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $2.5B | $2.8B | $3.4B | $3.5B | $4.0B | |
| YoY % | -16.8% | +11.5% | +20.4% | +5.4% | +13.4% | |
| Margin % | 25.6% | 26.9% | 28.8% | 29.9% | 31.1% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $2.5B | $2.8B | $3.4B | $3.5B | $4.0B | |
| YoY % | +24.9% | +11.5% | +20.4% | +5.4% | +13.4% | |
| Margin % | 25.6% | 26.9% | 28.8% | 29.9% | 31.1% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $2.0B | $2.0B | $2.3B | $2.4B | $2.8B | |
| YoY % | +22.1% | -0.2% | +14.7% | +7.0% | +14.4% | |
| Net Margin | 20.3% | 19.1% | 19.4% | 20.5% | 21.5% | |
| EPS (GAAP) | $1.02 | $1.02 | $1.19 | $1.29 | $1.51 | |
| YoY % | +21.4% | — | +16.7% | +8.4% | +17.1% |