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 | $28.7B | $31.5B | $36.0B | $36.4B | $38.5B |
| YoY | — | +9.7% | +14.4% | +1.2% | +5.8% |
| Cost of goods sold | $17.5B | $20.2B | $22.3B | $22.2B | $27.6B |
| YoY | — | +15.6% | +10.2% | -0.3% | +24.4% |
| Gross profit | $11.3B | $11.3B | $13.8B | $14.3B | $10.9B |
| YoY | — | +0.5% | +21.7% | +3.6% | -23.3% |
| Research & development | $347.0M | $346.0M | $380.0M | $400.0M | $400.0M |
| YoY | — | -0.3% | +9.8% | +5.3% | +0.0% |
| Selling, general & administrative | $6.3B | $7.4B | $8.0B | $7.4B | $7.2B |
| YoY | — | +17.9% | +8.4% | -7.0% | -3.6% |
| Operating income | $4.7B | $3.5B | $5.5B | $6.3B | $3.5B |
| YoY | — | -24.0% | +55.7% | +15.3% | -44.1% |
| Pretax income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Income tax | $1.2B | $865.0M | $1.5B | $1.5B | $782.0M |
| YoY | — | -27.3% | +77.7% | -4.4% | -46.8% |
| Net income | $4.3B | $2.7B | $5.0B | $4.6B | $2.5B |
| YoY | — | -36.8% | +82.5% | -7.0% | -46.8% |
| EPS — basic | $3.06 | $1.97 | $3.64 | $3.44 | $1.89 |
| YoY | — | -35.6% | +84.8% | -5.5% | -45.1% |
| EPS — diluted | $3.04 | $1.96 | $3.62 | $3.42 | $1.89 |
| YoY | — | -35.5% | +84.7% | -5.5% | -44.7% |
| Weighted shares — basic | 1.40B | 1.38B | 1.36B | 1.34B | 1.29B |
| Weighted shares — diluted | 1.41B | 1.39B | 1.37B | 1.35B | 1.30B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $2.3B | $3.1B | $3.6B | $3.9B | $3.9B |
| YoY | — | +32.1% | +17.7% | +6.6% | +0.7% |
| Inventory | $2.7B | $3.4B | $3.6B | $3.8B | $4.4B |
| YoY | — | +24.9% | +6.9% | +5.9% | +15.5% |
| Total current assets | $10.3B | $10.1B | $11.7B | $13.2B | $13.0B |
| YoY | — | -2.4% | +16.0% | +13.2% | -2.2% |
| Total assets | $67.1B | $71.2B | $71.4B | $68.5B | $71.5B |
| YoY | — | +6.1% | +0.3% | -4.1% | +4.4% |
| Total current liabilities | $14.0B | $16.7B | $19.0B | $19.5B | $21.9B |
| YoY | — | +19.4% | +13.6% | +2.8% | +11.8% |
| Total liabilities | $38.8B | $44.2B | $43.0B | $41.5B | $45.6B |
| YoY | — | +14.1% | -2.7% | -3.5% | +9.8% |
| Total equity | $28.3B | $26.9B | $28.3B | $26.9B | $25.8B |
| YoY | — | -4.9% | +5.4% | -4.9% | -4.1% |
| 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 | $4.1B | $3.9B | $4.7B | $4.9B | $4.5B |
| YoY | — | -5.6% | +20.6% | +4.2% | -8.1% |
| Capital expenditures | $965.0M | $906.0M | $1.1B | $1.4B | $1.3B |
| YoY | — | -6.1% | +22.7% | +24.7% | -7.8% |
| Free cash flow | $3.2B | $3.0B | $3.6B | $3.5B | $3.2B |
| YoY | — | -5.5% | +20.0% | -2.2% | -8.2% |
| Dividends paid | $1.8B | $2.0B | $2.2B | $2.3B | $2.5B |
| YoY | — | +8.7% | +8.8% | +8.8% | +5.9% |
| Share repurchases | $2.1B | $2.0B | $1.5B | $2.3B | $2.4B |
| YoY | — | -4.4% | -23.3% | +50.9% | +2.2% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | 39.2% | 35.9% | 38.2% | 39.1% | 28.4% |
| Operating margin | 16.2% | 11.2% | 15.3% | 17.4% | 9.2% |
| Net margin | 15.0% | 8.6% | 13.8% | 12.7% | 6.4% |
| Free cash flow margin | 11.1% | 9.5% | 10.0% | 9.7% | 8.4% |
| Effective tax rate | — | — | — | — | — |
| Current ratio | 0.74x | 0.60x | 0.62x | 0.68x | 0.59x |
| Total liabilities / equity | 1.37x | 1.65x | 1.52x | 1.54x | 1.76x |
Peer comparison — latest full year
Same sector (Consumer Staples), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| MDLZ FY25 · this stock | $38.5B | +5.8% | 28.4% | 9.2% | 6.4% | 8.4% |
| WMT FY26 | $713.2B | +4.7% | — | 4.2% | 3.1% | 2.1% |
| COST FY26 | $303.2B | +10.1% | — | 3.9% | 3.0% | 3.1% |
| KR FY26 | $147.6B | +0.4% | — | 1.3% | 0.7% | — |
| PEP FY25 | $93.9B | +2.3% | 54.1% | 12.2% | 8.8% | — |
| PG FY26 | $87.0B | +3.3% | — | 22.7% | 18.4% | 17.4% |
| SYY FY26 | $84.6B | +3.9% | 18.5% | 3.7% | 2.1% | — |
| ADM FY25 | $80.3B | -6.2% | 6.3% | — | 1.3% | 5.2% |
| TSN FY25 | $54.4B | +2.1% | 6.5% | 2.0% | 0.9% | 2.2% |
| KO FY25 | $47.9B | +1.9% | 61.6% | 28.7% | 27.3% | 11.0% |
| PM FY25 | $40.6B | +7.3% | 67.1% | 36.6% | 27.9% | 26.2% |
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.