Revenue
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.20B | $6.11B | $5.87B | $5.38B | $5.19B | $4.90B | $4.36B | $4.15B | $3.78B | $3.49B | $3.39B | $3.30B | $3.19B | $2.92B | $2.75B | $2.59B | $2.52B | $2.42B |
| Gross profit | $2.77B | $2.79B | $2.59B | $2.25B | $2.26B | $2.21B | $1.98B | $1.84B | $1.73B | $1.59B | $1.51B | $1.45B | $1.44B | $1.29B | $1.21B | $1.16B | $1.10B | $971.7M |
| Gross margin | 44.73% | 45.69% | 44.11% | 41.86% | 43.61% | 45.23% | 45.53% | 44.40% | 45.80% | 45.54% | 44.53% | 44.06% | 45.02% | 44.20% | 44.17% | 44.72% | 43.67% | 40.11% |
| Research & development | $145.6M | $139.7M | $122.4M | $110.0M | $105.2M | $102.6M | $93.6M | $89.7M | $70.8M | $63.2M | $64.7M | $59.8M | $61.8M | $54.8M | $55.1M | $53.7M | $55.1M | — |
| Operating expenses | $1.70B | $1.98B | $1.53B | $1.65B | $1.18B | $1.18B | $1.14B | $1.05B | $996.9M | $866.4M | $837.6M | $811.7M | $815.8M | $746.3M | $721.9M | $712.8M | $688.1M | $631.4M |
| Operating income | $1.08B | $807.1M | $1.06B | $597.8M | $1.08B | $1.03B | $840.2M | $791.7M | $732.7M | $724.2M | $674.2M | $641.2M | $622.2M | $545.1M | $492.6M | $445.0M | $412.9M | $340.3M |
| Operating margin | 17.37% | 13.22% | 18.02% | 11.12% | 20.79% | 21.03% | 19.28% | 19.10% | 19.40% | 20.73% | 19.86% | 19.44% | 19.48% | 18.66% | 17.92% | 17.19% | 16.38% | 14.05% |
| EBITDA | $1.32B | $1.05B | $1.28B | $816.8M | $1.30B | $1.22B | $1.02B | $932.8M | $858.1M | $831.8M | $775.2M | $732.4M | $712.7M | $630.1M | $569.7M | $516.6M | $498.3M | $385.9M |
| EBITDA margin | 21.36% | 17.13% | 21.86% | 15.19% | 25.01% | 24.91% | 23.33% | 22.50% | 22.72% | 23.81% | 22.83% | 22.21% | 22.31% | 21.56% | 20.72% | 19.95% | 19.77% | 15.93% |
| Net income | $736.8M | $585.3M | $755.6M | $413.9M | $827.5M | $785.9M | $615.9M | $568.6M | $743.4M | $459.0M | $410.4M | $413.9M | $394.4M | $349.8M | $309.6M | $270.7M | $243.5M | $195.2M |
| Net profit margin | 11.88% | 9.58% | 12.88% | 7.70% | 15.94% | 16.05% | 14.13% | 13.71% | 19.69% | 13.14% | 12.09% | 12.55% | 12.35% | 11.97% | 11.26% | 10.45% | 9.66% | 8.06% |
| Basic EPSper basic share | $3.04 | $2.39 | $3.09 | $1.70 | $3.38 | $3.18 | $2.50 | $2.32 | $2.97 | $1.78 | $1.57 | $1.53 | $1.43 | $1.25 | $1.08 | $0.96 | $0.87 | $0.72 |
| Diluted EPSper diluted share | $3.02 | $2.37 | $3.05 | $1.68 | $3.32 | $3.12 | $2.44 | $2.27 | $2.90 | $1.75 | $1.54 | $1.51 | $1.40 | $1.23 | $1.06 | $0.94 | $0.85 | $0.70 |
Reported shareholders
Reported holdings Number of shares
| Holder | Shares held |
|---|---|
BlackRock, Inc. | 22.45M |
VANGUARD CAPITAL MANAGEMENT LLC | 15.51M |
STATE STREET CORP | 14.05M |
VANGUARD PORTFOLIO MANAGEMENT LLC | 13.16M |
JPMORGAN CHASE & CO | 9.14M |
Capital International Investors | 7.44M |
Fundsmith LLP | 6.46M |
GEODE CAPITAL MANAGEMENT, LLC | 6.37M |
Allspring Global Investments Holdings, LLC | 5.2M |
STIFEL FINANCIAL CORP | 4.12M |
MORGAN STANLEY | 4.07M |
Invesco Ltd. | 3.41M |
GOLDMAN SACHS GROUP INC | 3.21M |
NORGES BANK | 3.2M |
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 3.19M |
NEUBERGER BERMAN GROUP LLC | 3.16M |
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 2.93M |
NORTHERN TRUST CORP | 2.75M |
FUNDSMITH INVESTMENT SERVICES LTD. | 2.54M |
DIMENSIONAL FUND ADVISORS LP | 2.31M |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 16, 2026Form 4 | Linares Carlos G.EVP Chief Tech&Global New Prod | SellCommon Stock | 10.0K | $99.71 | $997.1K | 4.7K |
| Jun 11, 2026Form 4 | SHEARER ROBERT KDirector | SellCommon Stock | 8.6K | $97.97 | $842.5K | 30.7K |
| Jun 10, 2026Form 4 | Buchert Brian DEVP of Strategy, M&A, and BP | SellCommon Stock | 10.2K | $98.15 | $997.2K | 1.3K |
| Jun 10, 2026Form 4 | Saligram Ravichandra KrishnamurtyDirector | SellCommon Stock · indirect | 13.0K | $98.00 | $1.27M | 13.7K |
| May 13, 2026Form 4 | Price Penry WDirector | SellCommon Stock | 6.0K | $94.86 | $565.4K | 30.1K |