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 | $45.8B | $78.5B | $56.1B | $54.7B | $58.9B |
| YoY | — | +71.3% | -28.5% | -2.5% | +7.7% |
| Cost of goods sold | $18.2B | $34.0B | $22.0B | $20.0B | $22.3B |
| YoY | — | +87.1% | -35.3% | -8.9% | +11.6% |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | $62.0M | $71.0M | $81.0M | $81.0M | $78.0M |
| YoY | — | +14.5% | +14.1% | +0.0% | -3.7% |
| Selling, general & administrative | $719.0M | $623.0M | $705.0M | $1.2B | $893.0M |
| YoY | — | -13.4% | +13.2% | +64.3% | -22.9% |
| Operating income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Pretax income | $12.7B | $28.2B | $16.3B | $13.7B | $12.7B |
| YoY | — | +122.1% | -42.3% | -16.1% | -7.4% |
| Income tax | $4.6B | $9.5B | $5.3B | $4.4B | $4.7B |
| YoY | — | +106.1% | -44.2% | -17.0% | +5.4% |
| Net income | $8.1B | $18.7B | $11.0B | $9.2B | $8.0B |
| YoY | — | +131.2% | -41.3% | -15.6% | -13.6% |
| EPS — basic | $6.09 | $14.62 | $9.08 | $7.82 | $6.36 |
| YoY | — | +140.1% | -37.9% | -13.9% | -18.7% |
| EPS — diluted | $6.07 | $14.57 | $9.06 | $7.81 | $6.35 |
| YoY | — | +140.0% | -37.8% | -13.8% | -18.7% |
| Weighted shares — basic | 1.32B | 1.27B | 1.20B | 1.18B | 1.25B |
| Weighted shares — diluted | 1.33B | 1.28B | 1.21B | 1.18B | 1.25B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $5.0B | $6.5B | $5.6B | $5.6B | $6.5B |
| YoY | — | +28.4% | -12.7% | -0.5% | +15.9% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Inventory | $1.2B | $1.2B | $1.4B | $1.8B | $1.9B |
| YoY | — | +0.9% | +14.7% | +29.4% | +3.5% |
| Total current assets | $16.1B | $18.7B | $14.3B | $15.6B | $15.5B |
| YoY | — | +16.8% | -23.6% | +9.2% | -0.7% |
| Total assets | $90.7B | $93.8B | $95.9B | $122.8B | $121.9B |
| YoY | — | +3.5% | +2.2% | +28.0% | -0.7% |
| Total current liabilities | $12.0B | $12.8B | $10.0B | $12.1B | $12.0B |
| YoY | — | +6.9% | -22.1% | +21.2% | -1.3% |
| Total liabilities | $45.3B | $45.8B | $46.6B | $58.0B | $57.5B |
| YoY | — | +1.3% | +1.8% | +24.3% | -0.9% |
| Total equity | $45.4B | $48.0B | $49.3B | $64.8B | $64.5B |
| YoY | — | +5.7% | +2.7% | +31.5% | -0.5% |
| 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 | $17.0B | $28.3B | $20.0B | $20.1B | $19.8B |
| YoY | — | +66.6% | -29.5% | +0.8% | -1.6% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $3.6B | $9.3B | $5.4B | $5.5B | $5.0B |
| YoY | — | +155.9% | -41.7% | +1.2% | -8.1% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | — | — | — | — | — |
| Net margin | 17.6% | 23.8% | 19.5% | 16.9% | 13.6% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 36.4% | 33.8% | 32.7% | 32.4% | 36.9% |
| Current ratio | 1.34x | 1.46x | 1.43x | 1.29x | 1.30x |
| Total liabilities / equity | 1.00x | 0.95x | 0.95x | 0.89x | 0.89x |
Peer comparison — latest full year
Same sector (Energy), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| COP FY25 · this stock | $58.9B | +7.7% | — | — | 13.6% | — |
| XOM FY25 | $332.2B | -5.0% | — | — | 8.7% | 7.1% |
| CVX FY25 | $189.0B | -6.8% | — | — | 6.5% | — |
| MPC FY25 | $132.7B | -4.4% | — | 6.2% | 3.0% | 3.6% |
| PSX FY25 | $132.4B | -7.5% | — | — | 3.3% | — |
| SLB FY25 | $35.7B | -1.6% | — | — | 9.4% | 13.4% |
| OKE FY25 | $33.6B | +55.0% | — | 17.1% | 10.1% | 7.3% |
| BKR FY25 | $27.7B | -0.3% | — | — | 9.3% | — |
| OXY FY23 | $23.2B | -36.8% | — | — | — | 28.6% |
| EOG FY25 | $22.6B | -4.5% | — | 28.2% | 22.0% | — |
| DVN FY25 | $17.2B | +7.8% | — | — | 15.4% | — |
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.