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 | $6.84B | $6.72B | $6.66B | $6.35B | $6.32B | $5.60B | $5.35B | $5.30B | $4.73B | $4.41B | $4.30B | $4.24B | $4.12B | $4.01B | $3.70B | $3.34B | $3.19B | $3.18B |
| Gross profit | $2.59B | $2.59B | $2.50B | $2.27B | $2.49B | $2.30B | $2.15B | $2.09B | $1.79B | $1.83B | $1.74B | $1.73B | $1.67B | $1.62B | $1.52B | $1.42B | $1.33B | $1.29B |
| Gross margin | 37.90% | 38.54% | 37.56% | 35.82% | 39.48% | 41.07% | 40.12% | 39.48% | 37.93% | 41.52% | 40.44% | 40.78% | 40.40% | 40.30% | 41.18% | 42.49% | 41.58% | 40.55% |
| Research & development | $106.1M | $102.9M | $94.9M | $87.5M | $87.3M | $68.6M | $67.3M | $69.4M | $66.1M | $61.0M | $60.8M | $62.0M | $61.3M | $57.8M | $58.1M | $52.7M | $48.9M | — |
| Operating expenses | $1.52B | $1.53B | $1.54B | $1.41B | $1.48B | $1.30B | $1.19B | $1.20B | $1.09B | $1.19B | $1.19B | $1.13B | $1.12B | $1.04B | $982.2M | $907.9M | $860.3M | $911.7M |
| Operating income | $1.07B | $1.06B | $963.0M | $863.6M | $1.02B | $999.5M | $957.7M | $891.1M | $699.8M | $641.0M | $548.4M | $603.0M | $550.5M | $578.3M | $540.3M | $509.8M | $466.9M | $376.5M |
| Operating margin | 15.65% | 15.77% | 14.45% | 13.60% | 16.07% | 17.84% | 17.91% | 16.80% | 14.79% | 14.53% | 12.76% | 14.21% | 13.35% | 14.41% | 14.61% | 15.28% | 14.63% | 11.85% |
| EBITDA | $1.30B | $1.27B | $1.16B | $1.06B | $1.20B | $1.16B | $1.12B | $1.04B | $825.0M | $749.7M | $654.3M | $705.7M | $656.5M | $681.1M | $638.6M | $604.9M | $561.2M | $462.1M |
| EBITDA margin | 19.04% | 18.88% | 17.45% | 16.76% | 19.02% | 20.79% | 20.88% | 19.65% | 17.44% | 16.99% | 15.23% | 16.63% | 15.92% | 16.97% | 17.27% | 18.13% | 17.58% | 14.55% |
| Net income | $789.4M | $788.5M | $680.6M | $682.0M | $755.3M | $747.4M | $702.7M | $933.4M | $477.4M | $472.3M | $401.6M | $437.9M | $389.0M | $407.8M | $374.2M | $370.2M | $299.8M | $255.8M |
| Net profit margin | 11.54% | 11.73% | 10.22% | 10.74% | 11.95% | 13.34% | 13.14% | 17.60% | 10.09% | 10.71% | 9.35% | 10.32% | 9.43% | 10.16% | 10.12% | 11.09% | 9.39% | 8.05% |
| Basic EPSper basic share | $2.94 | $2.94 | $2.54 | $2.54 | $2.83 | $2.80 | $2.65 | $3.55 | $3.77 | $3.73 | $3.14 | $3.37 | $2.94 | $3.07 | $2.82 | $2.79 | $2.29 | $1.98 |
| Diluted EPSper diluted share | $2.93 | $2.92 | $2.52 | $2.52 | $2.80 | $2.78 | $2.62 | $3.50 | $3.72 | $3.69 | $3.11 | $3.34 | $2.91 | $3.04 | $2.79 | $2.75 | $2.27 | $1.94 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | ≈8.25%20.95M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈6.54%16.61M shares |
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | ≈6.50%16.52M shares |
STATE STREET CORP | ≈6.03%15.33M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈5.45%13.85M shares |
Aristotle Capital Management, LLC | ≈4.48%11.39M shares |
Sanders Capital, LLC | ≈3.19%8.11M shares |
Boston Partners | ≈2.85%7.23M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈2.68%6.81M shares |
MORGAN STANLEY | ≈1.94%4.93M shares |
Invesco Ltd. | ≈1.93%4.9M shares |
AQR CAPITAL MANAGEMENT LLC | ≈1.80%4.58M shares |
DIMENSIONAL FUND ADVISORS LP | ≈1.69%4.28M shares |
Alyeska Investment Group, L.P. | ≈1.57%3.98M shares |
NORTHERN TRUST CORP | ≈1.40%3.56M shares |
VAN ECK ASSOCIATES CORP | ≈1.26%3.19M shares |
ProShare Advisors LLC | ≈1.24%3.14M shares |
GOLDMAN SACHS GROUP INC | ≈1.19%3.02M shares |
BANK OF AMERICA CORP /DE/ | ≈1.09%2.77M shares |
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | ≈0.99%2.53M shares |
Percentages use 254.06M shares of this listed class outstanding on May 31, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Apr 10, 2026Form 4 | Hattersley GavinDirector | BuyCommon Stock - Non Voting | 2.0K | $52.98 | $106.0K | 2.9K |
| Feb 12, 2026Form 4 | Kurzius Lawrence ErikTenPercentOwner | SellCommon Stock - Voting | 50.0K | $71.63 | $3.58M | 297.0K |
| Feb 9, 2026Form 4 | MANGAN MICHAEL DDirector | SellCommon Stock - Voting | 5.0K | $67.92 | $339.6K | 43.0K |
| Feb 5, 2026Form 4 | Tapiero JacquesDirector | SellCommon Stock - Voting | 5.0K | $67.09 | $335.4K | 31.6K |
| Feb 3, 2026Form 4 | Tapiero JacquesDirector | SellCommon Stock - Voting | 5.0K | $63.85 | $319.3K | 31.6K |