Revenue vs Net income
Reported dollars from 10-Q / 10-K filings. Q4 bars are derived (annual less nine months) where the 10-K does not tag Q4 separately.
Margin trend
Gross, operating and net margin. Margins are derived from reported dollars.
Revenue YoY growth
Year-over-year change vs the same quarter (or fiscal year) a year earlier. Shown where the prior-year period is in the 8-quarter snapshot (latest four quarters).
Income statement
From 10-Q / 10-K XBRL. Values in reported dollars; EPS in $/share; share counts in shares.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $85.2B | $101.6B | $93.9B | $85.5B | $80.3B |
| YoY | — | +19.1% | -7.5% | -8.9% | -6.2% |
| Cost of goods sold | $79.3B | $94.0B | $86.4B | $79.8B | $75.2B |
| YoY | — | +18.6% | -8.0% | -7.7% | -5.7% |
| Gross profit | $6.0B | $7.6B | $7.5B | $5.8B | $5.0B |
| YoY | — | +26.4% | -0.8% | -23.1% | -12.9% |
| Research & development | $171.0M | $216.0M | $256.0M | $269.0M | $246.0M |
| YoY | — | +26.3% | +18.5% | +5.1% | -8.6% |
| Selling, general & administrative | $3.0B | $3.4B | $3.5B | $3.7B | $3.6B |
| YoY | — | +12.2% | +2.9% | +7.2% | -2.6% |
| Operating income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Pretax income | $3.3B | $5.2B | $4.3B | $2.3B | $1.3B |
| YoY | — | +58.0% | -17.9% | -47.5% | -44.3% |
| Income tax | $578.0M | $868.0M | $828.0M | $476.0M | $182.0M |
| YoY | — | +50.2% | -4.6% | -42.5% | -61.8% |
| Net income | $2.7B | $4.3B | $3.5B | $1.8B | $1.1B |
| YoY | — | +60.2% | -19.7% | -48.3% | -40.1% |
| EPS — basic | $4.80 | $7.72 | $6.44 | $3.66 | $2.23 |
| YoY | — | +60.8% | -16.6% | -43.2% | -39.1% |
| EPS — diluted | $4.79 | $7.71 | $6.43 | $3.65 | $2.23 |
| YoY | — | +61.0% | -16.6% | -43.2% | -38.9% |
| Weighted shares — basic | 564.0M | 562.0M | 541.0M | 492.0M | 484.0M |
| Weighted shares — diluted | 566.0M | 563.0M | 542.0M | 493.0M | 484.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $943.0M | $1.0B | $1.4B | $611.0M | $1.0B |
| YoY | — | +10.0% | +31.9% | -55.3% | +66.1% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $3.3B | $4.9B | $4.2B | $3.7B | $3.0B |
| YoY | — | +48.8% | -14.1% | -12.4% | -18.5% |
| Inventory | $14.5B | $14.8B | $12.0B | $11.6B | $10.4B |
| YoY | — | +2.0% | -19.1% | -3.2% | -10.4% |
| Total current assets | $31.9B | $35.4B | $29.8B | $27.7B | $26.7B |
| YoY | — | +11.0% | -15.9% | -6.9% | -3.8% |
| Total assets | $56.1B | $59.8B | $54.6B | $53.3B | $52.4B |
| YoY | — | +6.5% | -8.6% | -2.5% | -1.7% |
| Total current liabilities | $21.9B | $24.2B | $18.7B | $19.9B | $19.5B |
| YoY | — | +10.2% | -22.9% | +6.8% | -2.0% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Shares outstanding | — | — | — | — | — |
| YoY | — | — | — | — | — |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $6.6B | $3.5B | $4.5B | $2.8B | $5.5B |
| YoY | — | -47.3% | +28.2% | -37.4% | +95.4% |
| Capital expenditures | $1.2B | $1.3B | $1.5B | $1.6B | $1.2B |
| YoY | — | +12.8% | +13.3% | +4.6% | -20.2% |
| Free cash flow | $5.4B | $2.2B | $3.0B | $1.2B | $4.2B |
| YoY | — | -60.2% | +37.4% | -58.6% | +242.6% |
| Dividends paid | $834.0M | $899.0M | $977.0M | $985.0M | $987.0M |
| YoY | — | +7.8% | +8.7% | +0.8% | +0.2% |
| Share repurchases | $0 | $1.4B | $2.7B | $2.3B | $0 |
| YoY | — | — | +84.3% | -12.9% | -100.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | 7.0% | 7.5% | 8.0% | 6.8% | 6.3% |
| Operating margin | — | — | — | — | — |
| Net margin | 3.2% | 4.3% | 3.7% | 2.1% | 1.3% |
| Free cash flow margin | 6.4% | 2.1% | 3.2% | 1.4% | 5.2% |
| Effective tax rate | 17.4% | 16.6% | 19.3% | 21.1% | 14.5% |
| Current ratio | 1.45x | 1.46x | 1.60x | 1.39x | 1.37x |
| Total liabilities / equity | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Consumer Staples), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| ADM FY25 · this stock | $80.3B | -6.2% | 6.3% | — | 1.3% | 5.2% |
| WMT FY26 | $713.2B | +4.7% | — | 4.2% | 3.1% | 2.1% |
| COST FY26 | $303.2B | +10.1% | — | 3.9% | 3.0% | 3.1% |
| KR FY26 | $147.6B | +0.4% | — | 1.3% | 0.7% | — |
| PEP FY25 | $93.9B | +2.3% | 54.1% | 12.2% | 8.8% | — |
| PG FY26 | $87.0B | +3.3% | — | 22.7% | 18.4% | 17.4% |
| SYY FY26 | $84.6B | +3.9% | 18.5% | 3.7% | 2.1% | — |
| TSN FY25 | $54.4B | +2.1% | 6.5% | 2.0% | 0.9% | 2.2% |
| KO FY25 | $47.9B | +1.9% | 61.6% | 28.7% | 27.3% | 11.0% |
| PM FY25 | $40.6B | +7.3% | 67.1% | 36.6% | 27.9% | 26.2% |
| MDLZ FY25 | $38.5B | +5.8% | 28.4% | 9.2% | 6.4% | 8.4% |
Source: SEC EDGAR XBRL company facts (10-Q / 10-K), snapshot generated 2026-11-03 for 218 tickers. Q4 values are derived as the 10-K annual less the first nine months, since Q4 is not separately tagged in company facts; cash-flow quarterly values are derived from year-to-date filings the same way. Free cash flow = operating cash flow − capital expenditures. Blank cells mean the filing does not report that line item under a standard US-GAAP tag — nothing is estimated or filled in. Descriptive research, not investment advice. How EarnIQ builds fundamentals.