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.
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 | $55.0B | $56.9B | $44.6B | $43.0B | $40.0B |
| YoY | — | +3.5% | -21.6% | -3.7% | -7.0% |
| Cost of goods sold | $44.2B | $48.3B | $39.7B | $38.4B | $37.4B |
| YoY | — | +9.4% | -17.8% | -3.5% | -2.4% |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | $1.6B | $1.7B | $1.6B | $1.6B | $1.4B |
| YoY | — | +1.8% | -2.9% | -2.8% | -12.0% |
| Operating income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Pretax income | $8.1B | $6.1B | $656.0M | $1.6B | $-2.5B |
| YoY | — | -25.2% | -89.2% | +143.9% | -256.9% |
| Income tax | $1.7B | $1.4B | $-4.0M | $399.0M | $-67.0M |
| YoY | — | -16.7% | -100.3% | +10075.0% | -116.8% |
| Net income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| EPS — basic | $8.44 | $6.32 | $0.82 | $1.57 | $-3.70 |
| YoY | — | -25.1% | -87.0% | +91.5% | -335.7% |
| EPS — diluted | $8.38 | $6.28 | $0.82 | $1.57 | $-3.70 |
| YoY | — | -25.1% | -86.9% | +91.5% | -335.7% |
| Weighted shares — basic | 743.6M | 721.0M | 705.7M | 703.8M | 711.6M |
| Weighted shares — diluted | 749.0M | 725.6M | 709.0M | 705.1M | 711.6M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $3.0B | $3.9B | $3.0B | $2.2B | $3.8B |
| YoY | — | +30.1% | -23.1% | -26.7% | +74.3% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $6.8B | $5.6B | $4.7B | $4.8B | $4.8B |
| YoY | — | -18.0% | -15.9% | +0.8% | +0.1% |
| Inventory | $7.4B | $7.0B | $6.1B | $6.5B | $6.6B |
| YoY | — | -5.2% | -13.1% | +7.7% | +0.8% |
| Total current assets | $20.8B | $20.5B | $17.6B | $16.6B | $18.1B |
| YoY | — | -1.8% | -14.0% | -5.8% | +8.9% |
| Total assets | $63.0B | $60.6B | $58.0B | $57.3B | $58.5B |
| YoY | — | -3.8% | -4.3% | -1.1% | +2.1% |
| Total current liabilities | $13.2B | $11.3B | $10.0B | $10.3B | $9.2B |
| YoY | — | -14.3% | -12.1% | +3.3% | -10.7% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $18.2B | $20.7B | $18.6B | $17.4B | $16.0B |
| YoY | — | +14.1% | -10.2% | -6.7% | -7.8% |
| 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 | $7.0B | $7.5B | $5.2B | $2.9B | $1.0B |
| YoY | — | +6.6% | -30.5% | -43.9% | -64.6% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $1.0B | $2.3B | $625.0M | $494.0M | $0 |
| YoY | — | +132.5% | -73.1% | -21.0% | -100.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | — | — | — | — | — |
| Net margin | — | — | — | — | — |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 21.4% | 23.8% | -0.6% | 24.9% | 2.7% |
| Current ratio | 1.58x | 1.81x | 1.77x | 1.61x | 1.97x |
| Total liabilities / equity | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Materials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| DOW FY25 · this stock | $40.0B | -7.0% | — | — | — | — |
| LIN FY25 | $34.0B | +3.0% | — | 26.3% | 20.3% | 15.0% |
| NUE FY25 | $32.5B | +5.7% | — | — | 5.4% | -0.6% |
| FCX FY25 | $25.9B | +1.8% | — | 25.2% | — | — |
| SHW FY25 | $23.6B | +2.1% | 48.8% | — | 10.9% | — |
| NEM FY25 | $22.7B | +21.3% | — | — | 31.3% | — |
| STLD FY25 | $18.2B | +3.6% | 13.2% | 8.1% | 6.5% | 2.8% |
| CTVA FY25 | $17.4B | +2.9% | — | — | 6.3% | — |
| ECL FY25 | $16.1B | +2.2% | — | 17.0% | 12.9% | 11.8% |
| PPG FY25 | $15.9B | +0.2% | — | — | 9.9% | 7.3% |
| MOS FY25 | $12.1B | +8.4% | 15.8% | 6.8% | 4.5% | -4.4% |
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.