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 | $127.0B | $156.7B | $171.8B | $187.4B | $185.0B |
| YoY | — | +23.4% | +9.6% | +9.1% | -1.3% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | $9.3B | $10.3B | $9.3B | $12.8B | $2.9B |
| YoY | — | +10.6% | -9.9% | +37.5% | -77.2% |
| Pretax income | $12.7B | $11.6B | $10.4B | $8.5B | $3.1B |
| YoY | — | -8.8% | -10.3% | -18.1% | -63.4% |
| Income tax | $2.8B | $1.9B | $563.0M | $2.6B | $338.0M |
| YoY | — | -31.9% | -70.2% | +354.0% | -86.8% |
| Net income | $10.0B | $9.9B | $10.1B | $6.0B | $2.7B |
| YoY | — | -0.8% | +1.9% | -40.7% | -55.1% |
| EPS — basic | $6.78 | $6.17 | $7.35 | $6.45 | $3.33 |
| YoY | — | -9.0% | +19.1% | -12.2% | -48.4% |
| EPS — diluted | $6.70 | $6.13 | $7.32 | $6.37 | $3.27 |
| YoY | — | -8.5% | +19.4% | -13.0% | -48.7% |
| Weighted shares — basic | 1.45B | 1.45B | 1.36B | 1.11B | 955.0M |
| Weighted shares — diluted | 1.47B | 1.45B | 1.37B | 1.13B | 973.0M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $20.1B | $19.2B | $18.9B | $19.9B | $20.9B |
| YoY | — | -4.6% | -1.6% | +5.4% | +5.4% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $7.4B | $13.3B | $12.4B | $12.8B | $13.1B |
| YoY | — | +80.3% | -7.2% | +3.6% | +1.8% |
| Inventory | $13.0B | $15.4B | $16.5B | $14.6B | $14.5B |
| YoY | — | +18.3% | +7.1% | -11.5% | -0.7% |
| Total current assets | $82.1B | $100.5B | $101.6B | $108.5B | $108.8B |
| YoY | — | +22.3% | +1.2% | +6.8% | +0.2% |
| Total assets | $244.7B | $264.0B | $273.1B | $279.8B | $281.3B |
| YoY | — | +7.9% | +3.4% | +2.5% | +0.5% |
| Total current liabilities | $74.4B | $91.2B | $94.4B | $96.3B | $93.3B |
| YoY | — | +22.5% | +3.6% | +1.9% | -3.0% |
| Total liabilities | $178.9B | $191.8B | $204.8B | $214.2B | $218.1B |
| YoY | — | +7.2% | +6.8% | +4.6% | +1.8% |
| Total equity | $59.7B | $67.8B | $64.3B | $63.1B | $61.1B |
| YoY | — | +13.5% | -5.2% | -1.9% | -3.1% |
| Shares outstanding | 1.50B | 1.40B | 1.20B | 995.0M | 904.0M |
| YoY | — | -6.7% | -14.3% | -17.1% | -9.1% |
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 | $15.2B | $16.0B | $20.9B | $20.1B | $26.9B |
| YoY | — | +5.6% | +30.5% | -3.8% | +33.5% |
| Capital expenditures | $7.5B | $9.2B | $11.0B | $10.8B | $9.3B |
| YoY | — | +23.0% | +18.7% | -1.3% | -14.1% |
| Free cash flow | $7.7B | $6.8B | $10.0B | $9.3B | $17.6B |
| YoY | — | -11.4% | +46.4% | -6.6% | +88.9% |
| Dividends paid | $186.0M | $397.0M | $597.0M | $653.0M | $657.0M |
| YoY | — | +113.4% | +50.4% | +9.4% | +0.6% |
| Share repurchases | $0 | $2.5B | $11.1B | $7.1B | $6.0B |
| YoY | — | — | +344.6% | -36.4% | -14.9% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 7.3% | 6.6% | 5.4% | 6.8% | 1.6% |
| Net margin | 7.9% | 6.3% | 5.9% | 3.2% | 1.5% |
| Free cash flow margin | 6.0% | 4.3% | 5.8% | 5.0% | 9.5% |
| Effective tax rate | 21.8% | 16.3% | 5.4% | 30.0% | 10.8% |
| Current ratio | 1.10x | 1.10x | 1.08x | 1.13x | 1.17x |
| Total liabilities / equity | 2.99x | 2.83x | 3.19x | 3.40x | 3.57x |
Peer comparison — latest full year
Same sector (Consumer Discretionary), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| GM FY25 · this stock | $185.0B | -1.3% | — | 1.6% | 1.5% | 9.5% |
| AMZN FY25 | $716.9B | +12.4% | — | 11.2% | 10.8% | — |
| F FY24 | $185.0B | +5.0% | — | 2.8% | — | — |
| HD FY26 | $164.7B | +3.2% | 33.3% | 12.7% | 8.6% | — |
| TSLA FY25 | $94.8B | -2.9% | 18.0% | 4.6% | 4.0% | 6.6% |
| LOW FY26 | $86.3B | +3.1% | 33.5% | 11.8% | 7.7% | 8.9% |
| NKE FY26 | $46.4B | +0.2% | 42.9% | — | 6.7% | 4.7% |
| SBUX FY25 | $37.2B | +2.8% | — | 7.9% | 5.0% | 6.6% |
| MCD FY25 | $26.9B | +3.7% | — | 46.1% | 31.9% | 26.7% |
| MAR FY25 | $26.2B | +4.3% | — | 15.8% | 9.9% | — |
| ROST FY26 | $22.8B | +7.7% | — | — | 9.4% | 9.7% |
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.