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.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $93.5B | $90.2B | $87.7B | $87.9B | $94.7B |
| YoY | — | -3.6% | -2.7% | +0.3% | +7.7% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $6.2B | $4.9B | $5.6B | $5.2B | $5.5B |
| YoY | — | -21.3% | +13.2% | -6.2% | +4.7% |
| Pretax income | $4.9B | $5.4B | $5.8B | $5.4B | $5.8B |
| YoY | — | +9.5% | +8.8% | -6.8% | +6.5% |
| Income tax | $1.1B | $1.4B | $1.5B | $1.3B | $1.4B |
| YoY | — | +30.0% | +8.2% | -10.4% | +0.8% |
| Net income | $3.8B | $4.0B | $4.3B | $4.1B | $4.4B |
| YoY | — | +3.8% | +9.0% | -5.5% | +8.3% |
| EPS — basic | $14.54 | $15.60 | $17.41 | $16.96 | $18.71 |
| YoY | — | +7.3% | +11.6% | -2.6% | +10.3% |
| EPS — diluted | $14.33 | $15.48 | $17.21 | $16.81 | $18.55 |
| YoY | — | +8.0% | +11.2% | -2.3% | +10.4% |
| Weighted shares — basic | 263.0M | 254.0M | 248.0M | 241.0M | 237.0M |
| Weighted shares — diluted | 266.0M | 256.0M | 251.0M | 243.0M | 239.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash & equivalents | $6.9B | $6.9B | $6.5B | $5.5B | $13.3B |
| YoY | — | -0.6% | -5.2% | -15.4% | +141.9% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $11.9B | $10.2B | $10.1B | $11.4B | $12.7B |
| YoY | — | -14.1% | -1.0% | +12.7% | +11.5% |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | $20.4B | $18.6B | $18.2B | $18.4B | $27.9B |
| YoY | — | -8.6% | -2.2% | +1.0% | +51.8% |
| Total assets | $86.0B | $87.1B | $87.0B | $87.6B | $98.9B |
| YoY | — | +1.3% | -0.2% | +0.7% | +12.9% |
| Total current liabilities | $14.3B | $13.6B | $13.4B | $15.4B | $18.9B |
| YoY | — | -4.8% | -1.7% | +15.4% | +22.7% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $24.9B | $26.1B | $27.6B | $28.1B | $31.6B |
| YoY | — | +4.6% | +5.7% | +1.8% | +12.7% |
| 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.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Operating cash flow | $9.8B | $8.8B | $8.3B | $7.0B | $8.9B |
| YoY | — | -10.0% | -6.1% | -15.4% | +26.8% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | $793.0M | $1.2B | $1.3B | $1.3B | $1.4B |
| YoY | — | +48.4% | +7.0% | +6.4% | +2.6% |
| Share repurchases | $2.2B | $1.5B | $2.5B | $3.0B | $796.0M |
| YoY | — | -33.3% | +66.7% | +20.7% | -73.6% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 6.7% | 5.4% | 6.3% | 5.9% | 5.8% |
| Net margin | 4.1% | 4.4% | 4.9% | 4.7% | 4.7% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 21.9% | 25.9% | 25.8% | 24.8% | 23.5% |
| Current ratio | 1.43x | 1.37x | 1.36x | 1.19x | 1.48x |
| Total liabilities / equity | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Industrials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| FDX FY26 · this stock | $94.7B | +7.7% | — | 5.8% | 4.7% | — |
| BA FY25 | $89.5B | +34.5% | 4.8% | 4.8% | 2.5% | -2.1% |
| UPS FY25 | $88.7B | -2.6% | — | 8.9% | 6.3% | 5.4% |
| RTX FY25 | $88.6B | +9.7% | — | 10.5% | 7.6% | 9.0% |
| LMT FY25 | $75.0B | +5.6% | 10.2% | 10.3% | 6.7% | — |
| GD FY25 | $52.5B | +10.1% | — | 10.2% | 8.0% | 7.5% |
| UBER FY25 | $52.0B | +18.3% | — | 10.7% | 19.3% | 18.8% |
| GE FY25 | $45.9B | +18.5% | — | — | 19.0% | — |
| DE FY25 | $45.7B | -11.7% | — | — | 11.0% | 13.4% |
| CAT FY10 | $42.6B | +31.5% | — | 9.3% | — | — |
| NOC FY25 | $42.0B | +2.2% | — | 10.8% | 10.0% | 7.9% |
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.