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 | $22.8B | $22.8B | $22.9B | $25.5B | $25.9B |
| YoY | — | -0.3% | +0.3% | +11.4% | +1.8% |
| Cost of goods sold | $14.0B | $15.1B | $15.7B | $17.8B | $18.6B |
| YoY | — | +7.5% | +4.0% | +13.4% | +4.6% |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | $383.0M | $420.0M | $479.0M | $513.0M | $545.0M |
| YoY | — | +9.7% | +14.0% | +7.1% | +6.2% |
| Operating income | $8.4B | $7.0B | $6.2B | $6.9B | $6.5B |
| YoY | — | -15.9% | -11.5% | +10.3% | -5.0% |
| Pretax income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Income tax | $2.3B | $2.3B | $2.3B | $2.5B | $2.2B |
| YoY | — | -1.4% | +0.1% | +11.1% | -12.0% |
| Net income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| EPS — basic | — | — | — | — | — |
| YoY | — | — | — | — | — |
| EPS — diluted | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Weighted shares — basic | 1.47B | 1.44B | 1.43B | 1.44B | 1.44B |
| Weighted shares — diluted | 1.48B | 1.45B | 1.44B | 1.45B | 1.44B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $8.1B | $8.1B | $4.8B | $3.9B | $3.8B |
| YoY | — | +1.0% | -41.6% | -17.5% | -2.5% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $1.2B | $1.3B | $1.2B | $578.0M | $977.0M |
| YoY | — | +14.4% | -9.5% | -52.2% | +69.0% |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $14.8B | $15.6B | $14.1B | $13.3B | $13.8B |
| YoY | — | +5.3% | -9.9% | -5.5% | +3.7% |
| Total assets | $48.0B | $51.1B | $52.5B | $54.8B | $58.2B |
| YoY | — | +6.4% | +2.8% | +4.5% | +6.1% |
| Total current liabilities | $5.9B | $6.3B | $5.8B | $5.5B | $6.0B |
| YoY | — | +7.7% | -8.4% | -5.5% | +9.5% |
| Total liabilities | $25.0B | $26.2B | $25.2B | $26.1B | $27.4B |
| YoY | — | +4.9% | -3.9% | +3.5% | +5.1% |
| Total equity | $14.0B | $15.6B | $16.7B | $17.6B | $18.9B |
| YoY | — | +11.3% | +7.3% | +5.3% | +7.5% |
| 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 | $7.7B | $5.1B | $5.3B | $7.2B | $5.6B |
| YoY | — | -33.4% | +2.7% | +35.6% | -21.6% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $488.0M | $1.3B | $0 | $59.0M | $107.0M |
| YoY | — | +176.0% | -100.0% | — | +81.4% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 36.6% | 30.9% | 27.2% | 27.0% | 25.2% |
| Net margin | — | — | — | — | — |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | — | — | — | — | — |
| Current ratio | 2.52x | 2.46x | 2.42x | 2.42x | 2.29x |
| Total liabilities / equity | 1.79x | 1.69x | 1.51x | 1.48x | 1.45x |
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.