Analyst Ratings

Date	Action	Analyst	Rating	Target
Apr-21-26	Reiterated	Truist Financial		$28 → $30
Apr-20-26	Reiterated	RBC Capital	Outperform	$23 → $31
Apr-20-26	Reiterated	DA Davidson	Buy	$29 → $32
Feb-04-26	Reiterated	UBS	Neutral	$29 → $30
Jan-20-26	Reiterated	Piper Sandler	Neutral	$23 → $31
Jan-20-26	Downgrade	Keefe, Bruyette & Woods	Outperform → Market Perform
Jan-19-26	Reiterated	Morgan Stanley	Equal Weight	$32 → $31
Jan-16-26	Downgrade	Wells Fargo	Equal Weight → Underweight	$22 → $30
Jan-06-26	Reiterated	Goldman Sachs	Buy	$30 → $32
Jan-06-26	Downgrade	Evercore ISI Group	In Line → Underperform

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023
Total Revenue	9,620	9,608	9,373	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	2,327	2,437	2,777
Gross Profit	7,293	7,171	6,596
Selling, General and Administrative Excl. Other	2,973	2,941	2,639
Research and Development	0	0	0
Other Operating Expense	1,484	1,487	1,603
Operating Income	2,836	2,743	2,354
Interest Expense	2,005	2,082	2,290
Unusual Expense	—	—	—
Non-Operating Income (Expense)	0	0	0
Net Income Before Taxes	2,836	2,743	2,354
Income Taxes	611	587	461
Consolidated Net Income	2,225	2,156	1,893
Net Income From Continuing Operations	2,225	2,156	1,893
Net Income	2,225	2,156	1,893
EPS (Recurring)	2.43	2.31	1.94
EPS (Basic, Before Extraordinaries)	2.43	2.31	1.94
EPS (Diluted)	2.40	2.29	1.93
EBITDA	2,921	2,805	2,498
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	11.93	11.83	—
Price To Sales Ratio	2.57	2.47	—
Gross Margin	75.81	74.64	70.37
Operating Margin	29.48	28.55	25.11
Net Margin	23.13	22.44	20.20
Shares Outstanding	863	875	916
Market Capitalization	24,699	23,713	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Willman Brian R	SEVP	May 07 '26	Sale	27.91	7,014	195,750	0	May 08 12:00 AM
JOHNSON JOIA M	Director	May 06 '26	Option Exercise	0.00	15,808	0	14,993	May 08 12:00 AM
Jenkins Roger W.	Director	May 06 '26	Option Exercise	0.00	15,808	0	14,287	May 08 12:00 AM
Davis Noopur	Director	May 06 '26	Option Exercise	0.00	15,808	0	28,572	May 08 12:00 AM
PROKOPANKO JAMES T	Director	May 06 '26	Option Exercise	0.00	126,110	0	81,786	May 08 12:00 AM
RHODES WILLIAM C III	Director	May 06 '26	Option Exercise	0.00	15,808	0	16,272	May 08 12:00 AM
Golodryga Zhanna	Director	May 06 '26	Option Exercise	0.00	15,808	0	43,429	May 08 12:00 AM
Keenan David R.	SEVP	Apr 03 '26	Option Exercise	0.00	47,806	0	114,818	Apr 07 12:00 AM
Plimpton Tara A	SEVP & Chief Legal Officer	Apr 03 '26	Option Exercise	0.00	39,838	0	94,462	Apr 07 12:00 AM
Chadha Anil D	Chief Financial Officer	Apr 03 '26	Option Exercise	0.00	7,968	0	28,209	Apr 07 12:00 AM
Ritter William D.	SEVP	Apr 03 '26	Option Exercise	0.00	27,886	0	43,349	Apr 07 12:00 AM
Turner John M JR	Chairman, President and CEO	Apr 03 '26	Option Exercise	0.00	223,090	0	1,028,151	Apr 07 12:00 AM
Massey Charles Dandridge	SEVP	Apr 03 '26	Option Exercise	0.00	47,806	0	74,615	Apr 07 12:00 AM
Allen Karin K	Principal Accounting Officer	Apr 03 '26	Option Exercise	0.00	3,984	0	40,379	Apr 07 12:00 AM
Danella Katherine R	SEVP	Apr 03 '26	Option Exercise	0.00	39,838	0	97,811	Apr 07 12:00 AM


Market Cap	24.45B	Forward P/E	10.04	EPS next Y	2.85	Insider Trans	0.09%	Shs Float	-	Perf Month	6.63%


Enterprise Value	27.34B	PEG	0.66	EPS next Q	0.63	Inst Own	-	Short Float	-	Perf Quarter	13.53%


Income	2.20B	P/S	2.54	EPS this Y	8.94%	Inst Trans	-	Short Ratio	-	Perf Half Y	4.03%


Sales	9.62B	P/B	1.32	EPS next Y	9.09%	ROA	1.38%	Short Interest	-	Perf YTD	5.61%


Book/sh	22.08	P/C	12.47	EPS next 5Y	9.85%	ROE	11.78%	52W High	31.53 -9.23%	Perf Year	32.87%


Cash/sh	4.04	P/FCF	12.52	EPS past 3/5Y	-	ROIC	1.38%	52W Low	21.44 33.49%	Perf 3Y	-


Dividend Est.	1.06 (3.70%)	EV/EBITDA	9.36	Sales past 3/5Y	8.70% 7.66%	Gross Margin	75.81%	Volatility	1.45% 1.70%	Perf 5Y	-


Dividend TTM	1.06 (3.70%)	EV/Sales	2.84	EPS Y/Y TTM	25.39%	Oper. Margin	29.48%	ATR (14)	0.68	Perf 10Y	-


Dividend Ex-Date	Jun 01, 2026	Quick Ratio	1.25	Sales Y/Y TTM	2.64%	Profit Margin	23.13%	RSI (14)	54.61	Recom	2.92


Dividend Gr. 3/5Y	11.65% 10.69%	Current Ratio	1.25	EPS Q/Q	14.81%	SMA20	1.09%	Beta	0.86	Target Price	30.78


Payout	44.99%	Debt/Eq	0.34	Sales Q/Q	0.52%	SMA50	2.32%	Rel Volume	1.85	Prev Close	28.65


Employees	19,644	LT Debt/Eq	0.22	Earnings	Jul 17	SMA200	5.85%	Avg Volume	10.78M	Price	28.62


IPO Date	Mar 17, 1980	Option/Short	Yes / Yes	EPS/Sales Surpr.	3.85% -2.14%	Net Debt/EBITDA	0.99	Volume	20,001,491	Change	-0.10%

RF