Loading…
StockAnalyzerLoading…
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Revenue | 53,817 | 55,658 | 51,262 | 58,760 |
| Net income | 12,921 | 7,897 | 9,019 | 9,833 |
| Gross margin | 70.4% | 72.8% | 71.7% | 75.6% |
| Operating margin | 40.8% | 41.2% | 37.2% | 43.4% |
| Net margin | 24.0% | 14.2% | 17.6% | 16.7% |
| EPS | 5.09 | 3.11 | 3.55 | 3.86 |
| Free cash flow | 11,968 | 11,849 | 9,294 | 11,929 |
| Net debt | 9,983 | 8,071 | 12,454 | 8,519 |
| P/E | 11.7 | 18.4 | 13.6 | 21.6 |
A what-if tool for a 5–10 year investor, not an answer: change the assumptions and see what they do.
| rate 8.0% | rate 9.0% | rate 10.0% | |
|---|---|---|---|
| Bear · growth -2.0% | 61.65 | 52.59 | 45.92 |
| Base · growth 3.0% | 82.66 | 69.95 | 60.62 |
| Bull · growth 8.0% | 110.29 | 92.68 | 79.79 |
FCF to shareholders 11,024 mln USD (operating cash flow − capex, after interest), shares 2,541 mln. Discounted at the shareholder rate, so debt is not subtracted again (assumes stable debt). 5 years of growth, 5 of slowdown, then perpetual growth. Sensitive to assumptions — see the table.