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 | $13.3B | $14.4B | $15.8B | $16.7B | $17.8B |
| YoY | — | +8.1% | +9.7% | +5.7% | +6.4% |
| Cost of goods sold | $6.3B | $7.0B | $7.7B | $8.2B | $8.6B |
| YoY | — | +11.4% | +9.7% | +5.8% | +5.6% |
| Gross profit | $7.0B | $7.4B | $8.1B | $8.6B | $9.2B |
| YoY | — | +5.2% | +9.8% | +5.5% | +7.2% |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | $4.1B | $4.4B | $4.9B | $5.3B | $5.7B |
| YoY | — | +7.9% | +11.1% | +7.8% | +7.7% |
| Operating income | $2.9B | $3.0B | $3.2B | $3.3B | $3.5B |
| YoY | — | +1.3% | +7.8% | +2.0% | +6.4% |
| Pretax income | $2.8B | $2.8B | $3.0B | $3.0B | $3.2B |
| YoY | — | +0.6% | +7.4% | +1.3% | +6.4% |
| Income tax | $617.2M | $626.0M | $658.2M | $658.4M | $702.0M |
| YoY | — | +1.4% | +5.1% | +0.0% | +6.6% |
| Net income | $2.2B | $2.2B | $2.3B | $2.4B | $2.5B |
| YoY | — | +0.4% | +8.0% | +1.7% | +6.3% |
| EPS — basic | $31.39 | $33.75 | $2.59 | $2.73 | $2.98 |
| YoY | — | +7.5% | -92.3% | +5.4% | +9.2% |
| EPS — diluted | $31.10 | $33.44 | $2.56 | $2.71 | $2.97 |
| YoY | — | +7.5% | -92.3% | +5.9% | +9.6% |
| Weighted shares — basic | 69.0M | 64.4M | 907.1M | 875.1M | 851.5M |
| Weighted shares — diluted | 69.6M | 65.0M | 915.0M | 880.6M | 855.9M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $362.1M | $108.6M | $279.1M | $130.2M | $193.8M |
| YoY | — | -70.0% | +157.0% | -53.4% | +48.8% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $272.6M | $343.2M | $375.0M | $356.8M | $389.8M |
| YoY | — | +25.9% | +9.3% | -4.9% | +9.2% |
| Inventory | $3.7B | $4.4B | $4.7B | $5.1B | $5.7B |
| YoY | — | +18.2% | +6.9% | +9.4% | +12.5% |
| Total current assets | $4.5B | $5.0B | $5.6B | $5.8B | $6.7B |
| YoY | — | +12.1% | +10.1% | +5.1% | +15.5% |
| Total assets | $11.7B | $12.6B | $13.9B | $14.9B | $16.5B |
| YoY | — | +7.8% | +9.9% | +7.4% | +11.0% |
| Total current liabilities | $5.9B | $7.1B | $7.7B | $8.3B | $8.8B |
| YoY | — | +20.2% | +8.5% | +8.1% | +5.9% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $-66.4M | $-1.1B | $-1.7B | $-1.4B | $-763.4M |
| YoY | — | -1497.6% | -64.0% | +21.2% | +44.3% |
| Shares outstanding | 67.0M | 62.4M | 59.1M | 862.2M | 841.9M |
| YoY | — | -6.9% | -5.3% | +1358.9% | -2.4% |
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 | $3.2B | $3.1B | $3.0B | $3.0B | $2.8B |
| YoY | — | -1.8% | -3.6% | +0.5% | -9.4% |
| Capital expenditures | $442.9M | $563.3M | $1.0B | $1.0B | $1.2B |
| YoY | — | +27.2% | +78.6% | +1.7% | +14.2% |
| Free cash flow | $2.8B | $2.6B | $2.0B | $2.0B | $1.6B |
| YoY | — | -6.5% | -21.6% | -0.1% | -21.4% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $2.5B | $3.3B | $3.2B | $2.1B | $2.1B |
| YoY | — | +32.6% | -4.0% | -34.1% | +1.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | 52.7% | 51.2% | 51.3% | 51.2% | 51.6% |
| Operating margin | 21.9% | 20.5% | 20.2% | 19.5% | 19.5% |
| Net margin | 16.2% | 15.1% | 14.8% | 14.3% | 14.3% |
| Free cash flow margin | 20.7% | 17.9% | 12.8% | 12.1% | 9.0% |
| Effective tax rate | 22.2% | 22.4% | 21.9% | 21.6% | 21.7% |
| Current ratio | 0.77x | 0.71x | 0.73x | 0.71x | 0.77x |
| Total liabilities / equity | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|
| ORLY FY25 · this stock | $17.8B | +6.4% | 51.6% | 19.5% | 14.3% | 9.0% |
| AMZN FY25 | $716.9B | +12.4% | — | 11.2% | 10.8% | — |
| GM FY25 | $185.0B | -1.3% | — | 1.6% | 1.5% | 9.5% |
| 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% | — |
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.