1.Sales and profit
See section β- Equitable had $11.7B of revenue in fiscal 2025, down 6.1% on the year before. Over five years, revenue changed β1.2% a year on average.
- Equitable lost $1.4B in fiscal 2025.
Equitable
EQH NYSE Diversified Financial Services Financials FY2016βFY2025
Equitable had $11.7B of revenue in fiscal 2025, down 6.1% on the year before. Over five years, revenue changed β1.2% a year on average.
- Today
- 1.9%
- Previous close
- $53.58
- Market cap
- $15.2B
- P/E
- β
- Day range
-
$53.48 $54.75
- 52-week range
-
$35.34 $55.04
KIRAβs summary AI analyst
Hi! I read Equitableβs latest annual report (fiscal 2025). Here is what stands out:
1 strength 2 to watch
2.Cash and shareholders
See section β- Equitable returned $1.8B to shareholders in fiscal 2025. The diluted share count fell 8.2%.
- In the last 12 months, insiders bought $0.0M and sold $27.1M of shares on the open market.
3.Financial health
See section β- Equitable has $8.6B more cash than debt.
4.Price and value
See section β- At $54.59 a share, the company is worth $15.2B.
- Equitable grew sales faster than 0 of its 4 similar companies.
Equitable in 30 seconds
Good So-so Weak
Weak
Are sales growing?
β6.1%
No. Sales fell 6.1% last year.
Weak
Does it make a profit?
β11.8%
No. It lost money last year.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Key numbers, fiscal 2025
Market cap
Last close times the latest diluted share count, so it is approximate.
$15.2B
Oct 27 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
β
Charts by
Sales and profit
Is it selling more, and how much does it keep?
Revenue and margins
KIRA summarises the numbers
-
Equitable had $11.7B of revenue in fiscal 2025, down 6.1% on the year before.
Over five years, revenue changed β1.2% a year on average.
Revenue
FY16
Revenue $11.8B
FY17
Revenue $12.5B
FY18
Revenue $12.1B
FY19
Revenue $9.6B
FY20
Revenue $12.4B
FY21
Revenue $7.6B
FY22
Revenue $12.6B
FY23
Revenue $10.5B
FY24
Revenue $12.4B
FY25
Revenue $11.7B
Revenue
Q3 '23
Revenue $3.6B
Q4 '23
Revenue $2.1B
Q1 '24
Revenue $2.2B
Q2 '24
Revenue $3.5B
Q3 '24
Revenue $3.1B
Q4 '24
Revenue $3.6B
Q1 '25
Revenue $4.6B
Q2 '25
Revenue $2.4B
Q3 '25
Revenue $1.5B
Q4 '25
Revenue $3.3B
Q1 '26
Revenue $4.2B
Q2 '26
Revenue $1.7B
Margins, % of revenue
FY16
Gross β
Operating β
Net 10.7%
FCF β
FY17
Gross β
Operating β
Net 6.7%
FCF β
FY18
Gross β
Operating β
Net 15.4%
FCF β
FY19
Gross β
Operating β
Net β18.3%
FCF β
FY20
Gross β
Operating β
Net β5.2%
FCF β
FY21
Gross β
Operating β
Net 23.1%
FCF β
FY22
Gross β
Operating β
Net 17.0%
FCF β
FY23
Gross β
Operating β
Net 12.3%
FCF β
FY24
Gross β
Operating β
Net 10.3%
FCF β
FY25
Gross β
Operating β
Net β11.8%
FCF β
Gross
Operating
Net
FCF
Margins, % of revenue
Q3 '23
Gross β
Operating β
Net 28.9%
FCF β
Q4 '23
Gross β
Operating β
Net β33.1%
FCF β
Q1 '24
Gross β
Operating β
Net 4.1%
FCF β
Q2 '24
Gross β
Operating β
Net 12.2%
FCF β
Q3 '24
Gross β
Operating β
Net β4.3%
FCF β
Q4 '24
Gross β
Operating β
Net 24.7%
FCF β
Q1 '25
Gross β
Operating β
Net 1.4%
FCF β
Q2 '25
Gross β
Operating β
Net β14.8%
FCF β
Q3 '25
Gross β
Operating β
Net β90.3%
FCF β
Q4 '25
Gross β
Operating β
Net 6.6%
FCF β
Q1 '26
Gross β
Operating β
Net 14.7%
FCF β
Q2 '26
Gross β
Operating β
Net β27.3%
FCF β
Gross
Operating
Net
FCF
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Net income and earnings per share
Loss periods are shown in red.
KIRA summarises the numbers
-
Equitable lost $1.4B in fiscal 2025.
Net income
FY16
Net income $1.3B
FY17
Net income $834M
FY18
Net income $1.9B
FY19
Net income β$1.8B
FY20
Net income β$648M
FY21
Net income $1.8B
FY22
Net income $2.2B
FY23
Net income $1.3B
FY24
Net income $1.3B
FY25
Net income β$1.4B
Net income
Q3 '23
Net income $1.0B
Q4 '23
Net income β$697M
Q1 '24
Net income $92.0M
Q2 '24
Net income $428M
Q3 '24
Net income β$132M
Q4 '24
Net income $892M
Q1 '25
Net income $63.0M
Q2 '25
Net income β$349M
Q3 '25
Net income β$1.3B
Q4 '25
Net income $215M
Q1 '26
Net income $621M
Q2 '26
Net income β$453M
Diluted EPS
FY16
Diluted EPS $2.24
FY17
Diluted EPS $1.49
FY18
Diluted EPS $3.33
FY19
Diluted EPS β$3.57
FY20
Diluted EPS β$1.56
FY21
Diluted EPS $3.98
FY22
Diluted EPS $5.46
FY23
Diluted EPS $3.42
FY24
Diluted EPS $3.69
FY25
Diluted EPS β$4.83
Diluted EPS
Q3 '23
Diluted EPS $2.97
Q4 '23
Diluted EPS β$1.99
Q1 '24
Diluted EPS $0.23
Q2 '24
Diluted EPS $1.23
Q3 '24
Diluted EPS β$0.46
Q4 '24
Diluted EPS $2.67
Q1 '25
Diluted EPS $0.16
Q2 '25
Diluted EPS β$1.21
Q3 '25
Diluted EPS β$4.47
Q4 '25
Diluted EPS $0.60
Q1 '26
Diluted EPS $2.14
Q2 '26
Diluted EPS β$1.68
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Cash and shareholders
How much cash comes in, and where does it go?
Cash flow
Cash from operations minus capital spending.
Free cash flow
FY16
Free cash flow β
FY17
Free cash flow β
FY18
Free cash flow β
FY19
Free cash flow β
FY20
Free cash flow β
FY21
Free cash flow β
FY22
Free cash flow β
FY23
Free cash flow β
FY24
Free cash flow β
FY25
Free cash flow β
Cash from operations vs capital spending
FY16
Cash from operations β$236M
Capital spending β
FY17
Cash from operations β$243M
Capital spending β
FY18
Cash from operations $61.0M
Capital spending β
FY19
Cash from operations β$216M
Capital spending β
FY20
Cash from operations β$61.0M
Capital spending β
FY21
Cash from operations β$193M
Capital spending β
FY22
Cash from operations β$250M
Capital spending β
FY23
Cash from operations β$208M
Capital spending β
FY24
Cash from operations $2.0B
Capital spending β
FY25
Cash from operations $714M
Capital spending β
Cash from operations
Capital spending
Cash from operations vs capital spending
Q3 '23
Cash from operations $411M
Capital spending β
Q4 '23
Cash from operations β$393M
Capital spending β
Q1 '24
Cash from operations $31.0M
Capital spending β
Q2 '24
Cash from operations $892M
Capital spending β
Q3 '24
Cash from operations $683M
Capital spending β
Q4 '24
Cash from operations $400M
Capital spending β
Q1 '25
Cash from operations $158M
Capital spending β
Q2 '25
Cash from operations $341M
Capital spending β
Q3 '25
Cash from operations $369M
Capital spending β
Q4 '25
Cash from operations β$154M
Capital spending β
Q1 '26
Cash from operations $499M
Capital spending β
Q2 '26
Cash from operations $643M
Capital spending β
Cash from operations
Capital spending
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Dividends, buybacks and share count
KIRA summarises the numbers
-
Equitable returned $1.8B to shareholders in fiscal 2025.
The diluted share count fell 8.2%.
Dividends and buybacks
FY16
Dividends $1.1B
Buybacks $0.0M
FY17
Dividends $0.0M
Buybacks $0.0M
FY18
Dividends $157M
Buybacks $648M
FY19
Dividends $285M
Buybacks $1.4B
FY20
Dividends $297M
Buybacks $430M
FY21
Dividends $296M
Buybacks $1.6B
FY22
Dividends $294M
Buybacks $849M
FY23
Dividends $301M
Buybacks $919M
FY24
Dividends $302M
Buybacks $1.0B
FY25
Dividends $314M
Buybacks $1.5B
Dividends
Buybacks
Dividends and buybacks
Q3 '23
Dividends $77.0M
Buybacks $238M
Q4 '23
Dividends $74.0M
Buybacks $241M
Q1 '24
Dividends $73.0M
Buybacks $253M
Q2 '24
Dividends $78.0M
Buybacks $247M
Q3 '24
Dividends $76.0M
Buybacks $254M
Q4 '24
Dividends $75.0M
Buybacks $260M
Q1 '25
Dividends $74.0M
Buybacks $262M
Q2 '25
Dividends $82.0M
Buybacks $235M
Q3 '25
Dividends $81.0M
Buybacks $676M
Q4 '25
Dividends $77.0M
Buybacks $277M
Q1 '26
Dividends $76.0M
Buybacks $147M
Q2 '26
Dividends $83.0M
Buybacks $366M
Dividends
Buybacks
Diluted shares outstanding (annual)
FY16
Diluted shares 0.56B
FY17
Diluted shares 0.56B
FY18
Diluted shares 0.56B
FY19
Diluted shares 0.49B
FY20
Diluted shares 0.45B
FY21
Diluted shares 0.42B
FY22
Diluted shares 0.38B
FY23
Diluted shares 0.35B
FY24
Diluted shares 0.32B
FY25
Diluted shares 0.30B
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
KIRA summarises the numbers
-
In the last 12 months, insiders bought $0.0M and sold $27.1M of shares on the open market.
Bought, 12 months
$0.0M
1 insider
Sold, 12 months
$27.1M
8 insiders
Of sales under plans
90%
$24.5M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 21, 2026 | Bertram L ScottDirector | Sold | 2,780 | $54.35 | $0.2M | Form 4 |
| Sep 17, 2026 | Craig C MacKayDirector | Sold | 2,000 | $54.28 | $0.1M | Form 4 |
| Sep 4, 2026 | Arlene Isaacs-LoweDirector | Sold | 1,000 | $52.83 | $0.1M | Form 4 |
| Sep 4, 2026 | Nick LaneSee Remarks | Sold | 14,923 | $53.24 | $0.8M | Form 4 |
| Aug 17, 2026 | Jeffrey J HurdChief Operating Officer | Sold plan | 14,359 | $51.98 | $0.7M | Form 4 |
| Aug 11, 2026 | Craig C MacKayDirector | Sold | 2,200 | $51.37 | $0.1M | Form 4 |
| Aug 10, 2026 | William James Eckert IVChief Accounting Officer | Sold | 947 | $52.88 | $0.1M | Form 4 |
| Aug 6, 2026 | Bertram L ScottDirector | Sold | 1,466 | $51.15 | $0.1M | Form 4 |
| Aug 6, 2026 | Charles G.T. StonehillDirector | Sold | 7,500 | $51.54 | $0.4M | Form 4 |
| Jul 20, 2026 | Mark PearsonPresident and CEO, Director | Sold plan | 39,700 | $48.54 | $1.9M | Form 4 |
| Jul 15, 2026 | Jeffrey J HurdChief Operating Officer | Sold plan | 14,358 | $48.86 | $0.7M | Form 4 |
| Jun 18, 2026 | Mark PearsonPresident and CEO, Director | Sold plan | 39,700 | $45.29 | $1.8M | Form 4 |
| Jun 15, 2026 | Jeffrey J HurdChief Operating Officer | Sold plan | 14,358 | $45.11 | $0.6M | Form 4 |
| Jun 10, 2026 | William James Eckert IVChief Accounting Officer | Sold | 6,200 | $41.83 | $0.3M | Form 4 |
| Jun 4, 2026 | Bertram L ScottDirector | Sold | 2,470 | $41.08 | $0.1M | Form 4 |
| May 18, 2026 | Mark PearsonPresident and CEO, Director | Sold plan | 39,700 | $42.60 | $1.7M | Form 4 |
| May 15, 2026 | Jeffrey J HurdChief Operating Officer | Sold plan | 14,358 | $42.44 | $0.6M | Form 4 |
| May 15, 2026 | Nick LaneSee Remarks | Sold plan | 4,417 | $42.45 | $0.2M | Form 4 |
| May 15, 2026 | William James Eckert IVChief Accounting Officer | Sold | 7,300 | $42.49 | $0.3M | Form 4 |
| Apr 20, 2026 | Mark PearsonPresident and CEO, Director | Sold plan | 39,700 | $41.63 | $1.7M | Form 4 |
| Apr 15, 2026 | Jeffrey J HurdChief Operating Officer | Sold plan | 14,358 | $40.58 | $0.6M | Form 4 |
| Apr 15, 2026 | Nick LaneSee Remarks | Sold plan | 10,000 | $40.44 | $0.4M | Form 4 |
| Apr 15, 2026 | Mark PearsonPresident and CEO, Director | Sold plan | 1,387 | $40.03 | $0.1M | Form 4 |
| Apr 8, 2026 | Jeffrey J HurdChief Operating Officer | Sold plan | 14,358 | $40.04 | $0.6M | Form 4 |
| Apr 8, 2026 | Nick LaneSee Remarks | Sold plan | 10,000 | $40.04 | $0.4M | Form 4 |
| Apr 8, 2026 | Mark PearsonPresident and CEO, Director | Sold plan | 38,313 | $40.05 | $1.5M | Form 4 |
| Feb 18, 2026 | Mark PearsonPresident and CEO, Director | Sold plan | 39,700 | $45.50 | $1.8M | Form 4 |
| Feb 17, 2026 | Nick LaneSee Remarks | Sold plan | 30,000 | $44.99 | $1.3M | Form 4 |
| Jan 20, 2026 | Mark PearsonPresident and CEO, Director | Sold plan | 39,700 | $46.21 | $1.8M | Form 4 |
| Jan 15, 2026 | Jeffrey J HurdChief Operating Officer | Sold plan | 6,790 | $47.65 | $0.3M | Form 4 |
| Jan 15, 2026 | Nick LaneSee Remarks | Sold plan | 10,000 | $47.65 | $0.5M | Form 4 |
| Dec 18, 2025 | Mark PearsonPresident and CEO, Director | Sold plan | 39,700 | $47.88 | $1.9M | Form 4 |
| Dec 18, 2025 | Nick LaneSee Remarks | Sold plan | 20,000 | $47.88 | $1.0M | Form 4 |
| Dec 15, 2025 | Jeffrey J HurdChief Operating Officer | Sold plan | 6,790 | $48.35 | $0.3M | Form 4 |
| Dec 10, 2025 | William James Eckert IVChief Accounting Officer | Sold | 4,300 | $47.27 | $0.2M | Form 4 |
| Dec 1, 2025 | Francis HondalDirector | Bought | 104 | $46.86 | $0.0M | Form 4 |
| Nov 18, 2025 | Mark PearsonPresident and CEO, Director | Sold plan | 39,700 | $43.15 | $1.7M | Form 4 |
| Nov 17, 2025 | Jeffrey J HurdChief Operating Officer | Sold plan | 6,790 | $43.28 | $0.3M | Form 4 |
| Oct 20, 2025 | Mark PearsonPresident and CEO, Director | Sold plan | 39,700 | $48.16 | $1.9M | Form 4 |
| Oct 15, 2025 | Jeffrey J HurdChief Operating Officer | Sold plan | 6,790 | $48.99 | $0.3M | Form 4 |
| Aug 12, 2025 | Francis HondalDirector | Bought | 92 | $52.82 | $0.0M | Form 4 |
| Jun 9, 2025 | Francis HondalDirector | Bought | 88 | $54.66 | $0.0M | Form 4 |
| Mar 12, 2025 | Francis HondalDirector | Bought | 85 | $49.94 | $0.0M | Form 4 |
| Dec 3, 2024 | Francis HondalDirector | Bought | 89 | $47.86 | $0.0M | Form 4 |
| Aug 13, 2024 | Francis HondalDirector | Bought | 109 | $38.61 | $0.0M | Form 4 |
| Jun 10, 2024 | Francis HondalDirector | Bought | 104 | $40.36 | $0.0M | Form 4 |
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Financial health
Can it carry its debts, and how well does it use its money?
Balance sheet
Cash, debt and the ratios that show how comfortably Equitable can carry it.
KIRA summarises the numbers
-
Equitable has $8.6B more cash than debt.
Cash vs debt (incl. leases)
FY16
Cash $5.7B
Debt β
FY17
Cash $4.8B
Debt β
FY18
Cash $4.5B
Debt β
FY19
Cash $4.4B
Debt β
FY20
Cash $6.2B
Debt β
FY21
Cash $5.2B
Debt $3.9B
FY22
Cash $4.3B
Debt $4.1B
FY23
Cash $8.2B
Debt $4.1B
FY24
Cash $7.0B
Debt $3.8B
FY25
Cash $12.5B
Debt $3.9B
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $5.2B | $4.3B | $8.2B | $7.0B | $12.5B |
| Debt incl. finance leases | $3.9B | $4.1B | $4.1B | $3.8B | $3.9B |
| Interest coverage | 11.7x | 15.9x | 4.1x | 9.6x | β3.8x |
| Total assets | $292.3B | $252.7B | $276.7B | $295.7B | $318.0B |
| Total liabilities | $278.7B | $249.1B | $271.6B | $292.2B | $316.2B |
| Shareholders' equity | $11.5B | $1.4B | $2.6B | $1.6B | β$74.0M |
| Net debt (β = net cash) | β$1.3B | β$200M | β$4.2B | β$3.1B | β$8.6B |
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Return on capital, equity and assets (annual)
FY16
Return on capital β
Return on equity β
Return on assets β
FY17
Return on capital β
Return on equity β
Return on assets β
FY18
Return on capital β
Return on equity 13.6%
Return on assets 0.8%
FY19
Return on capital β
Return on equity β12.9%
Return on assets β0.8%
FY20
Return on capital β
Return on equity β4.5%
Return on assets β0.3%
FY21
Return on capital β
Return on equity β
Return on assets 0.6%
FY22
Return on capital β
Return on equity β
Return on assets 0.8%
FY23
Return on capital β
Return on equity β
Return on assets 0.5%
FY24
Return on capital β
Return on equity β
Return on assets 0.5%
FY25
Return on capital β
Return on equity β
Return on assets β0.5%
Return on capital
Return on equity
Return on assets
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | β | β | β |
| Cash from operations is positive | β | β | β |
| Return on assets rose | β | β | β |
| Cash from operations exceeds net income | β | β | β |
| Debt fell relative to assets | β | β | β |
| Current ratio rose | β | β | β |
| Share count didn't rise | β | β | β |
| Gross margin rose | β | β | β |
| Revenue rose relative to assets | β | β | β |
| F-score | β / 9 | β / 9 | β / 9 |
| Accruals ratio | 0.6% | β0.3% | β0.7% |
| Altman Z'' | β | β | β |
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
Price and value
What does the share cost, and how does it compare?
Value Equitable yourself
Change the assumptions and see what they imply per share. These are models, not forecasts or price targets β the answer depends entirely on what you put in.
KIRA summarises the numbers
-
At $54.59 a share, the company is worth $15.2B.
Discounted cash flow
Value per share
β
Adds net cash of $8.6B and divides by 298.1M diluted shares. Ten years of cash flows plus a terminal value, discounted to today.
In plain words: Move the sliders to try your own guesses about growth. The result is what one share would be worth if those guesses came true. Different guesses give very different answers.
Similar companies
Each companyβs latest fiscal year. Fiscal years end in different months, so periods donβt line up exactly.
KIRA summarises the numbers
-
Equitable grew sales faster than 0 of its 4 similar companies.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score | |
|---|---|---|---|---|---|---|---|---|
| Equitable EQH | $15.2B | β6.1% | β | β | β | β | β | |
| Cincinnati Financial CINF | $28.2B | 11.4% | β | 24.5% | 17.1% | 8.6x | β | Compare β |
| Intercontinental Exchange ICE | $88.0B | 7.5% | 39.0% | 33.9% | 7.7% | 22.0x | 8 | Compare β |
| Fidelity National Information Services FIS | $18.4B | 5.4% | 16.3% | 23.0% | 5.1% | 5.5x | 5 | Compare β |
| Assurant AIZ | $14.3B | 7.9% | β | 12.5% | 17.5% | 13.7x | β | Compare β |
In plain words: The same numbers for similar companies, so you can tell whether a figure is high or low for this kind of business.
All figures
Every number, year by year.
10 years of figures
Amounts in USD. Hover a ratioβs name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $11.8B | $12.5B | $12.1B | $9.6B | $12.4B | $7.6B | $12.6B | $10.5B | $12.4B | $11.7B |
| Interest expense | $174M | $160M | $231M | $221M | $200M | $244M | $201M | $228M | $241M | $248M |
| Pretax income | $2.0B | $1.3B | $2.5B | β$2.1B | β$1.1B | $2.6B | $3.0B | $714M | $2.1B | β$1.2B |
| Income tax | $378M | $49.0M | $301M | β$593M | β$744M | $439M | $598M | β$910M | $280M | β$156M |
| Net income | $1.3B | $834M | $1.9B | β$1.8B | β$648M | $1.8B | $2.2B | $1.3B | $1.3B | β$1.4B |
| Diluted EPS | $2.24 | $1.49 | $3.33 | β$3.57 | β$1.56 | $3.98 | $5.46 | $3.42 | $3.69 | β$4.83 |
| Diluted shares | 0.56B | 0.56B | 0.56B | 0.49B | 0.45B | 0.42B | 0.38B | 0.35B | 0.32B | 0.30B |
| Cash flow | ||||||||||
| Cash from operations | β$236M | β$243M | $61.0M | β$216M | β$61.0M | β$193M | β$250M | β$208M | $2.0B | $714M |
| Depreciation and amortization | β | β | $296M | $675M | β | β | β | β | β | β |
| Stock-based compensation | $213M | $247M | $228M | $276M | $252M | $274M | $328M | $294M | $313M | $262M |
| Acquisitions | $21.0M | $130M | $0.0M | $0.0M | $0.0M | $0.0M | $40.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $0.0M | $648M | $1.4B | $430M | $1.6B | $849M | $919M | $1.0B | $1.5B |
| Dividends paid | $1.1B | $0.0M | $157M | $285M | $297M | $296M | $294M | $301M | $302M | $314M |
| Dividends and buybacks | $1.1B | $0.0M | $805M | $1.6B | $727M | $1.9B | $1.1B | $1.2B | $1.3B | $1.8B |
| Balance sheet | ||||||||||
| Cash and short-term investments | $5.7B | $4.8B | $4.5B | $4.4B | $6.2B | $5.2B | $4.3B | $8.2B | $7.0B | $12.5B |
| Total debt | β | β | β | β | β | $3.9B | $4.1B | $4.1B | $3.8B | $3.9B |
| Finance lease liabilities | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Inventory | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Total assets | β | $235.6B | $220.8B | $249.8B | $275.4B | $292.3B | $252.7B | $276.7B | $295.7B | $318.0B |
| Total liabilities | β | $218.5B | $205.2B | $234.4B | $258.1B | $278.7B | $249.1B | $271.6B | $292.2B | $316.2B |
| Shareholders' equity | $14.5B | $13.4B | $13.9B | $13.5B | $15.6B | $11.5B | $1.4B | $2.6B | $1.6B | β$74.0M |
| Margins | ||||||||||
| EBITDA margin | β | β | 25.0% | β12.1% | β | β | β | β | β | β |
| Net margin | 10.7% | 6.7% | 15.4% | β18.3% | β5.2% | 23.1% | 17.0% | 12.3% | 10.3% | β11.8% |
| Returns | ||||||||||
| Return on equity | β | β | 13.6% | β12.9% | β4.5% | β | β | β | β | β |
| Return on assets | β | β | 0.8% | β0.8% | β0.3% | 0.6% | 0.8% | 0.5% | 0.5% | β0.5% |
| Growth | ||||||||||
| Revenue growth | β | 5.9% | β3.1% | β20.3% | 29.1% | β38.7% | 66.1% | β17.3% | 18.8% | β6.1% |
| Net income growth | β | β33.5% | 122.4% | β195.1% | β | β | 22.7% | β40.4% | β0.2% | β207.8% |
| EPS growth | β | β33.5% | 123.5% | β207.2% | β | β | 37.2% | β37.4% | 7.9% | β230.9% |
| Share count change | β | 0.0% | β0.8% | β11.3% | β8.8% | β6.5% | β9.8% | β7.5% | β7.6% | β8.2% |
| Financial health | ||||||||||
| Interest coverage | 12.7x | 9.2x | 11.8x | β8.3x | β4.5x | 11.7x | 15.9x | 4.1x | 9.6x | β3.8x |
| Capital allocation | ||||||||||
| Stock comp / revenue | 1.8% | 2.0% | 1.9% | 2.9% | 2.0% | 3.6% | 2.6% | 2.8% | 2.5% | 2.3% |
| Quality scores | ||||||||||
| Accruals ratio | β | β | 0.8% | β0.7% | β0.2% | 0.7% | 0.9% | 0.6% | β0.3% | β0.7% |
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
Source: SEC EDGAR XBRL filings (CIK 0001333986). Data updated October 18, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.