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 | $12.2B | $19.2B | $15.3B | $15.9B | $17.2B |
| YoY | — | +57.0% | -20.4% | +4.5% | +7.8% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Pretax income | $2.9B | $7.8B | $4.6B | $3.7B | $3.5B |
| YoY | — | +168.3% | -40.5% | -19.7% | -6.6% |
| Income tax | $65.0M | $1.7B | $841.0M | $770.0M | $785.0M |
| YoY | — | +2573.8% | -51.6% | -8.4% | +1.9% |
| Net income | $2.8B | $6.0B | $3.7B | $2.9B | $2.6B |
| YoY | — | +113.8% | -37.7% | -22.8% | -8.6% |
| EPS — basic | $4.20 | $9.15 | $5.86 | $4.58 | $4.18 |
| YoY | — | +117.9% | -36.0% | -21.8% | -8.7% |
| EPS — diluted | $4.19 | $9.12 | $5.84 | $4.56 | $4.17 |
| YoY | — | +117.7% | -36.0% | -21.9% | -8.6% |
| Weighted shares — basic | 663.0M | 651.0M | 639.0M | 632.0M | 632.0M |
| Weighted shares — diluted | 665.0M | 653.0M | 642.0M | 634.0M | 633.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $2.1B | $1.3B | $853.0M | $811.0M | $1.4B |
| YoY | — | -37.4% | -35.1% | -4.9% | +70.7% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $1.5B | $1.8B | $1.6B | $2.0B | $1.8B |
| YoY | — | +14.5% | -11.0% | +25.4% | -9.1% |
| Inventory | $114.0M | $201.0M | $249.0M | $294.0M | $336.0M |
| YoY | — | +76.3% | +23.9% | +18.1% | +14.3% |
| Total current assets | $4.2B | $3.9B | $3.2B | $3.4B | $4.0B |
| YoY | — | -8.4% | -18.9% | +8.6% | +16.9% |
| Total assets | $21.0B | $23.3B | $24.5B | $30.5B | $31.6B |
| YoY | — | +10.7% | +5.2% | +24.5% | +3.6% |
| Total current liabilities | $3.1B | $3.1B | $2.9B | $3.3B | $4.1B |
| YoY | — | +0.6% | -5.0% | +12.2% | +23.5% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $9.3B | $11.2B | $12.1B | $14.5B | $15.5B |
| YoY | — | +20.6% | +8.0% | +20.2% | +7.1% |
| 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 | $4.9B | $8.5B | $6.5B | $6.6B | $6.7B |
| YoY | — | +74.1% | -23.3% | +0.9% | +1.7% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $589.0M | $718.0M | $979.0M | $1.1B | $1.1B |
| YoY | — | +21.9% | +36.4% | +8.0% | -0.7% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | — | — | — | — | — |
| Net margin | 23.0% | 31.4% | 24.6% | 18.1% | 15.4% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 2.2% | 22.4% | 18.2% | 20.7% | 22.6% |
| Current ratio | 1.38x | 1.25x | 1.07x | 1.04x | 0.98x |
| Total liabilities / equity | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|
| DVN FY25 · this stock | $17.2B | +7.8% | — | — | 15.4% | — |
| 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% | — |
| COP FY25 | $58.9B | +7.7% | — | — | 13.6% | — |
| 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% | — |
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.