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 | $4.7B | $5.0B | $5.6B | $6.1B | $6.5B |
| YoY | — | +7.0% | +11.1% | +9.9% | +6.4% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $2.6B | $3.0B | $3.4B | $3.9B | $4.2B |
| YoY | — | +14.0% | +13.9% | +14.4% | +7.6% |
| Pretax income | $3.4B | $3.5B | $4.2B | $4.5B | $5.3B |
| YoY | — | +3.5% | +19.0% | +9.3% | +17.4% |
| Income tax | $736.7M | $799.3M | $927.4M | $1.0B | $1.3B |
| YoY | — | +8.5% | +16.0% | +9.5% | +23.9% |
| Net income | $2.6B | $2.7B | $3.2B | $3.5B | $4.1B |
| YoY | — | +2.0% | +19.9% | +9.3% | +15.5% |
| EPS — basic | $7.30 | $7.41 | $8.87 | $9.69 | $11.18 |
| YoY | — | +1.5% | +19.7% | +9.2% | +15.4% |
| EPS — diluted | $7.29 | $7.40 | $8.86 | $9.67 | $11.16 |
| YoY | — | +1.5% | +19.7% | +9.1% | +15.4% |
| Weighted shares — basic | 358.3M | 358.7M | 359.0M | 359.4M | 359.6M |
| Weighted shares — diluted | 358.9M | 359.2M | 359.5M | 359.9M | 360.3M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $2.8B | $2.7B | $2.9B | $2.9B | $4.4B |
| YoY | — | -4.0% | +7.1% | -0.7% | +52.7% |
| Marketable securities (current) | $115.0M | $96.0M | $111.7M | $113.2M | $125.0M |
| YoY | — | -16.5% | +16.4% | +1.3% | +10.4% |
| Accounts receivable | $434.5M | $483.2M | $535.6M | $573.1M | $639.2M |
| YoY | — | +11.2% | +10.8% | +7.0% | +11.5% |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $161.8B | $139.1B | $94.9B | $103.0B | $165.4B |
| YoY | — | -14.0% | -31.8% | +8.6% | +60.5% |
| Total assets | $196.8B | $174.2B | $129.7B | $137.4B | $198.4B |
| YoY | — | -11.5% | -25.5% | +6.0% | +44.4% |
| Total current liabilities | $160.4B | $137.7B | $93.4B | $102.3B | $160.3B |
| YoY | — | -14.2% | -32.2% | +9.5% | +56.7% |
| Total liabilities | $169.4B | $147.3B | $103.0B | $111.0B | $169.7B |
| YoY | — | -13.0% | -30.1% | +7.8% | +52.9% |
| Total equity | $27.4B | $26.9B | $26.7B | $26.5B | $28.7B |
| YoY | — | -1.9% | -0.5% | -0.9% | +8.5% |
| 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 | $2.4B | $3.1B | $3.5B | $3.7B | $4.3B |
| YoY | — | +27.2% | +13.0% | +6.9% | +15.9% |
| Capital expenditures | $127.2M | $89.7M | $76.4M | $94.0M | $83.5M |
| YoY | — | -29.5% | -14.8% | +23.0% | -11.2% |
| Free cash flow | $2.3B | $3.0B | $3.4B | $3.6B | $4.2B |
| YoY | — | +30.4% | +13.9% | +6.5% | +16.6% |
| Dividends paid | $2.2B | $2.6B | $3.2B | $3.6B | $3.9B |
| YoY | — | +20.3% | +22.9% | +10.8% | +9.7% |
| Share repurchases | — | — | — | — | — |
| YoY | — | — | — | — | — |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 56.4% | 60.1% | 61.6% | 64.1% | 64.9% |
| Net margin | 56.2% | 53.6% | 57.8% | 57.5% | 62.5% |
| Free cash flow margin | 48.5% | 59.1% | 60.5% | 58.7% | 64.3% |
| Effective tax rate | 21.8% | 22.9% | 22.3% | 22.4% | 23.6% |
| Current ratio | 1.01x | 1.01x | 1.02x | 1.01x | 1.03x |
| Total liabilities / equity | 6.18x | 5.48x | 3.85x | 4.19x | 5.91x |
Peer comparison — latest full year
Same sector (Financials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| CME FY25 · this stock | $6.5B | +6.4% | — | 64.9% | 62.5% | 64.3% |
| JPM FY25 | $182.4B | +2.8% | — | — | 31.3% | — |
| BAC FY25 | $113.1B | +6.8% | — | — | 27.0% | — |
| PGR FY25 | $87.7B | +16.3% | — | — | 12.9% | 19.6% |
| C FY25 | $85.2B | +5.6% | — | — | 16.8% | -87.0% |
| WFC FY25 | $83.7B | +1.7% | — | — | 25.5% | — |
| MS FY25 | $70.6B | +14.4% | — | — | 23.9% | — |
| CB FY25 | $59.4B | +6.5% | — | — | 17.4% | — |
| GS FY25 | $58.3B | +8.9% | — | — | 29.5% | -81.0% |
| AXP FY25 | $41.3B | +6.4% | — | — | 26.2% | 38.7% |
| V FY25 | $40.0B | +11.3% | — | 60.0% | 50.1% | — |
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.