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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.8B | $5.7B | $5.7B | $7.6B | $7.0B | $5.6B | $6.2B | $7.0B |
| YoY | — | — | — | — | +2.7% | -1.5% | +8.8% | -7.3% |
| Cost of goods sold | $4.7B | $4.3B | $4.2B | $5.0B | $4.8B | $4.6B | $4.6B | $4.8B |
| YoY | — | — | — | — | +3.3% | +7.5% | +8.5% | -2.2% |
| Gross profit | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Selling, general & administrative | $117.0M | $129.0M | $154.0M | $127.0M | $131.0M | $133.0M | $162.0M | $135.0M |
| YoY | — | — | — | — | +12.0% | +3.1% | +5.2% | +6.3% |
| Operating income | $1.9B | $1.2B | $1.3B | $2.4B | $2.0B | $811.0M | $2.1B | $2.0B |
| YoY | — | — | — | — | +1.8% | -34.8% | +64.0% | -17.6% |
| Pretax income | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Income tax | $737.0M | $520.0M | $500.0M | $850.0M | $669.0M | $202.0M | $653.0M | $544.0M |
| YoY | — | — | — | — | -9.2% | -61.2% | +30.6% | -36.0% |
| Net income | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| EPS — basic | $0.36 | — | $0.24 | $0.53 | $0.46 | — | $0.61 | $0.68 |
| YoY | — | — | — | — | +27.8% | — | +154.2% | +28.3% |
| EPS — diluted | $0.36 | — | $0.24 | $0.53 | $0.46 | — | $0.61 | $0.68 |
| YoY | — | — | — | — | +27.8% | — | +154.2% | +28.3% |
| Weighted shares — basic | 1.44B | — | 1.44B | 1.44B | 1.44B | — | 1.44B | 1.44B |
| Weighted shares — diluted | 1.44B | — | 1.44B | 1.44B | 1.44B | — | 1.44B | 1.44B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $5.0B | $3.9B | $4.4B | $4.5B | $4.3B | $3.8B | $3.7B | $4.1B |
| YoY | — | — | — | — | -13.6% | -2.5% | -14.8% | -9.1% |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Accounts receivable | $979.0M | $578.0M | $743.0M | $941.0M | $916.0M | $977.0M | $681.0M | $716.0M |
| YoY | — | — | — | — | -6.4% | +69.0% | -8.3% | -23.9% |
| Inventory | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Total current assets | $14.5B | $13.3B | $13.8B | $13.6B | $13.6B | $13.8B | $14.1B | $14.2B |
| YoY | — | — | — | — | -6.7% | +3.7% | +2.1% | +3.9% |
| Total assets | $55.4B | $54.8B | $56.0B | $56.5B | $56.8B | $58.2B | $58.8B | $59.7B |
| YoY | — | — | — | — | +2.6% | +6.1% | +5.0% | +5.7% |
| Total current liabilities | $6.2B | $5.5B | $5.9B | $5.5B | $5.5B | $6.0B | $5.9B | $6.9B |
| YoY | — | — | — | — | -11.5% | +9.5% | -0.6% | +24.0% |
| Total liabilities | $26.5B | $26.1B | $26.8B | $26.5B | $26.4B | $27.4B | $27.3B | $27.5B |
| YoY | — | — | — | — | -0.4% | +5.1% | +1.9% | +3.8% |
| Total equity | $17.5B | $17.6B | $17.7B | $18.2B | $18.7B | $18.9B | $19.5B | $20.1B |
| YoY | — | — | — | — | +6.5% | +7.5% | +10.3% | +10.4% |
| 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.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.9B | $1.4B | $1.1B | $2.2B | $1.7B | $693.0M | $1.5B | $2.0B |
| YoY | — | — | — | — | -11.1% | -51.7% | +41.3% | -6.7% |
| Capital expenditures | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Free cash flow | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — |
| YoY | — | — | — | — | — | — | — | — |
| Share repurchases | $59.0M | $0 | $55.0M | $52.0M | $0 | $0 | $93.0M | $110.0M |
| YoY | — | — | — | — | -100.0% | — | +69.1% | +111.5% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 28.5% | 21.7% | 22.7% | 32.1% | 28.3% | 14.4% | 34.3% | 28.5% |
| Net margin | — | — | — | — | — | — | — | — |
| Free cash flow margin | — | — | — | — | — | — | — | — |
| Effective tax rate | — | — | — | — | — | — | — | — |
| Current ratio | 2.33x | 2.42x | 2.32x | 2.47x | 2.45x | 2.29x | 2.39x | 2.07x |
| Total liabilities / equity | 1.51x | 1.48x | 1.52x | 1.46x | 1.41x | 1.45x | 1.40x | 1.37x |
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 |
|---|---|---|---|---|---|---|
| FCX FY25 · this stock | $25.9B | +1.8% | — | 25.2% | — | — |
| DOW FY25 | $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% |
| 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.