Revenue
2007
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 | 2007 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.94B | $7.42B | $7.78B | $7.32B | $5.55B | $4.86B | $4.93B | $4.38B | $3.89B | $3.59B | $3.42B | $2.99B | $2.77B | $2.57B | $2.56B | $2.56B | $2.69B | $3.65B | $3.33B |
| Gross profit | $2.17B | $2.00B | $1.95B | $1.56B | $1.37B | $1.28B | $1.26B | $1.10B | $993.5M | $988.9M | $857.5M | $587.6M | $426.9M | $334.0M | $283.9M | $300.7M | $446.0M | $749.7M | $950.9M |
| Gross margin | 27.38% | 26.96% | 25.04% | 21.29% | 24.74% | 26.39% | 25.48% | 25.12% | 25.54% | 27.53% | 25.06% | 19.62% | 15.41% | 13.01% | 11.07% | 11.75% | 16.58% | 20.53% | 28.57% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — | $0 | $0 | $1.1M | $1.6M | $1.5M | $1.5M | — |
| Operating expenses | $555.0M | $635.1M | $521.1M | $606.3M | $362.6M | $385.8M | $378.4M | $353.2M | $354.5M | $323.0M | $307.8M | $49.4M | $236.5M | $249.2M | $220.4M | $315.3M | $297.5M | $500.6M | $236.5M |
| Operating income | $1.62B | $1.36B | $1.43B | $951.4M | $1.01B | $895.7M | $877.5M | $747.7M | $639.0M | $665.9M | $549.8M | $538.1M | $190.4M | $84.8M | $63.4M | −$14.5M | $148.5M | $249.1M | $714.4M |
| Operating margin | 20.40% | 18.40% | 18.34% | 13.01% | 18.21% | 18.44% | 17.80% | 17.06% | 16.43% | 18.54% | 16.07% | 17.97% | 6.87% | 3.30% | 2.47% | −0.57% | 5.52% | 6.82% | 21.47% |
| EBITDA | $2.37B | $2.00B | $2.04B | $1.54B | $1.47B | $1.29B | $1.25B | $1.09B | $945.0M | $950.8M | $824.6M | $817.6M | $497.5M | $416.7M | $425.2M | $367.6M | $543.1M | $638.2M | $985.9M |
| EBITDA margin | 29.82% | 26.92% | 26.27% | 21.04% | 26.54% | 26.61% | 25.40% | 24.96% | 24.29% | 26.47% | 24.10% | 27.31% | 17.96% | 16.23% | 16.58% | 14.36% | 20.18% | 17.48% | 29.63% |
| Net income | $1.08B | $911.9M | $933.2M | $575.6M | $670.8M | $584.5M | $617.7M | $515.8M | $601.2M | $419.5M | $221.2M | $204.9M | $24.4M | −$52.6M | −$70.8M | −$96.5M | $30.3M | $918,000 | $450.9M |
| Net profit margin | 13.56% | 12.29% | 11.99% | 7.87% | 12.08% | 12.03% | 12.53% | 11.77% | 15.45% | 11.68% | 6.46% | 6.84% | 0.88% | −2.05% | −2.76% | −3.77% | 1.13% | 0.03% | 13.55% |
| Basic EPSper basic share | $8.16 | $6.89 | $7.02 | $4.33 | $5.05 | $4.41 | $4.67 | $3.90 | $4.54 | $3.15 | $1.66 | $1.56 | $0.19 | -$0.41 | -$0.55 | -$0.75 | $0.25 | $0.01 | $4.65 |
| Diluted EPSper diluted share | $8.11 | $6.85 | $6.98 | $4.31 | $5.02 | $4.39 | $4.63 | $3.85 | $4.46 | $3.09 | $1.64 | $1.54 | $0.19 | -$0.41 | -$0.55 | -$0.75 | $0.25 | $0.01 | $4.54 |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 7.51%9.72M shares |
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 7.36%9.52M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 6.55%8.47M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 5.42%7.02M shares |
STATE STREET CORP | 4.75%6.15M shares |
PRINCIPAL FINANCIAL GROUP INC | 4.22%5.47M shares |
JPMORGAN CHASE & CO | 3.91%5.06M shares |
FMR LLC | 2.83%3.67M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.67%3.45M shares |
TCI FUND MANAGEMENT LTD | 1.89%2.45M shares |
BANK OF AMERICA CORP /DE/ | 1.80%2.33M shares |
Clearbridge Investments, LLC | 1.78%2.3M shares |
NORTHERN TRUST CORP | 1.65%2.14M shares |
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 1.62%2.1M shares |
Egerton Capital (UK) LLP | 1.52%1.97M shares |
PARNASSUS INVESTMENTS, LLC | 1.46%1.89M shares |
MORGAN STANLEY | 1.37%1.77M shares |
MANUFACTURERS LIFE INSURANCE COMPANY, THE | 1.18%1.53M shares |
ALKEON CAPITAL MANAGEMENT LLC | 1.14%1.48M shares |
DIMENSIONAL FUND ADVISORS LP | 1.08%1.4M shares |
Percentages use 129.4M shares of this listed class outstanding on Jun 30, 2026.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 15, 2026Form 4 | Clement David PSenior Vice President | SellCommon Stock | 2.2K | $292.29 | $646.5K | 8.7K |
| Feb 20, 2026Form 4 | Anderson Melissa H.Director | SellCommon Stock | 1.1K | $303.72 | $345.3K | 0 |
| Dec 11, 2025Form 4 | BAKER THOMPSON S IIPresident | SellCommon Stock · indirect | 7.1K | $300.81 | $2.15M | 0 |
| Dec 10, 2025Form 4 | Franklin Denson N. IIISVP, Gen. Counsel & Secretary | SellCommon Stock | 665 | $295.00 | $196.2K | 8.3K |
| Nov 19, 2025Form 4 | Clement David PSenior Vice President | SellCommon Stock | 1.0K | $290.00 | $290.0K | 832 |