Financhill
Buy
71

MAR Quote, Financials, Valuation and Earnings

Last price:
$313.79
Seasonality move :
5.83%
Day range:
$304.40 - $311.68
52-week range:
$205.40 - $311.69
Dividend yield:
0.85%
P/E ratio:
32.76x
P/S ratio:
3.31x
P/B ratio:
--
Volume:
3.1M
Avg. volume:
1.7M
1-year change:
11.16%
Market cap:
$83.2B
Revenue:
$25.1B
EPS (TTM):
$9.47
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $10.6B $13.9B $20.8B $23.7B $25.1B
Revenue Growth (YoY) -49.6% 31.09% 49.91% 14.15% 5.85%
 
Cost of Revenues $9.2B $11.2B $16.2B $18.7B $20.2B
Gross Profit $1.3B $2.7B $4.5B $5.1B $4.9B
Gross Profit Margin 12.59% 19.52% 21.81% 21.33% 19.59%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -$399M -$186M $17M -$11M -$38M
Operating Expenses $871M $885M $974M $1.1B $1.1B
Operating Income $460M $1.8B $3.6B $3.9B $3.8B
 
Net Interest Expenses $445M $420M $403M $565M $695M
EBT. Incl. Unusual Items -$466M $1.2B $3.1B $3.4B $3.2B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$199M $81M $756M $295M $776M
Net Income to Company -$267M $1.1B $2.4B $3.1B $2.4B
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$267M $1.1B $2.4B $3.1B $2.4B
 
Basic EPS (Cont. Ops) -$0.82 $3.36 $7.27 $10.23 $8.36
Diluted EPS (Cont. Ops) -$0.82 $3.34 $7.24 $10.18 $8.33
Weighted Average Basic Share $325.8M $327.2M $324.4M $301.5M $284.2M
Weighted Average Diluted Share $325.8M $329.3M $325.8M $302.9M $285.2M
 
EBITDA $915M $2.1B $3.8B $4.2B $4.4B
EBIT $569M $1.9B $3.6B $4B $4B
 
Revenue (Reported) $10.6B $13.9B $20.8B $23.7B $25.1B
Operating Income (Reported) $460M $1.8B $3.6B $3.9B $3.8B
Operating Income (Adjusted) $569M $1.9B $3.6B $4B $4B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $3.9B $5.3B $5.9B $6.3B $6.5B
Revenue Growth (YoY) 75.07% 34.64% 11.58% 5.52% 3.74%
 
Cost of Revenues $3.2B $4.1B $4.6B $5B $5.1B
Gross Profit $761M $1.2B $1.4B $1.2B $1.4B
Gross Profit Margin 19.29% 22.13% 22.79% 19.65% 21.17%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -$172M $2M $16M $1M --
Operating Expenses $212M $216M $239M $276M $234M
Operating Income $549M $960M $1.1B $953M $1.1B
 
Net Interest Expenses $107M $100M $146M $179M $206M
EBT. Incl. Unusual Items $278M $869M $989M $786M $994M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $58M $239M $237M $202M $266M
Net Income to Company $220M $630M $752M $584M $728M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $220M $630M $752M $584M $728M
 
Basic EPS (Cont. Ops) $0.67 $1.94 $2.52 $2.07 $2.68
Diluted EPS (Cont. Ops) $0.67 $1.93 $2.51 $2.07 $2.67
Weighted Average Basic Share $327.3M $324.5M $298.6M $281.5M $271.8M
Weighted Average Diluted Share $329.3M $325.7M $300.1M $282.4M $272.5M
 
EBITDA $613M $1B $1.2B $998M $1.2B
EBIT $549M $960M $1.1B $953M $1.1B
 
Revenue (Reported) $3.9B $5.3B $5.9B $6.3B $6.5B
Operating Income (Reported) $549M $960M $1.1B $953M $1.1B
Operating Income (Adjusted) $549M $960M $1.1B $953M $1.1B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $11.6B $19.3B $23.5B $24.8B $25.9B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $9.5B $15.3B $18.4B $19.9B $20.8B
Gross Profit $2.1B $4B $5.1B $4.9B $5.2B
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -$533M $20M -$9M -$3M --
Operating Expenses $793M $868M $917M $1.1B $1B
Operating Income $1.3B $3.1B $4.2B $3.8B $4.1B
 
Net Interest Expenses $435M $385M $527M $668M $781M
EBT. Incl. Unusual Items $318M $2.8B $3.7B $3.1B $3.4B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$149M $618M $780M $366M $799M
Net Income to Company $467M $2.2B $2.9B $2.8B $2.6B
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $467M $2.2B $2.9B $2.8B $2.6B
 
Basic EPS (Cont. Ops) $1.43 $6.58 $9.48 $9.60 $9.49
Diluted EPS (Cont. Ops) $1.41 $6.55 $9.44 $9.56 $9.47
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $1.5B $3.3B $4.4B $4B $4.3B
EBIT $1.3B $3.1B $4.2B $3.8B $4.1B
 
Revenue (Reported) $11.6B $19.3B $23.5B $24.8B $25.9B
Operating Income (Reported) $1.3B $3.1B $4.2B $3.8B $4.1B
Operating Income (Adjusted) $1.3B $3.1B $4.2B $3.8B $4.1B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $9.4B $14.9B $17.6B $18.7B $19.5B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $7.7B $11.7B $13.7B $14.8B $15.4B
Gross Profit $1.7B $3.1B $3.9B $3.8B $4.1B
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) -$190M $16M -$10M -$2M -$1M
Operating Expenses $610M $655M $681M $785M $724M
Operating Income $1.1B $2.5B $3.2B $3B $3.3B
 
Net Interest Expenses $323M $288M $412M $515M $601M
EBT. Incl. Unusual Items $632M $2.2B $2.8B $2.6B $2.8B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $1M $538M $562M $633M $656M
Net Income to Company $631M $1.7B $2.2B $1.9B $2.2B
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $631M $1.7B $2.2B $1.9B $2.2B
 
Basic EPS (Cont. Ops) $1.93 $5.16 $7.35 $6.72 $7.86
Diluted EPS (Cont. Ops) $1.92 $5.13 $7.32 $6.69 $7.84
Weighted Average Basic Share $981.1M $981M $911.8M $857.7M $822.9M
Weighted Average Diluted Share $985.1M $985.2M $916.1M $860.7M $824.9M
 
EBITDA $1.3B $2.6B $3.3B $3.2B $3.5B
EBIT $1.1B $2.5B $3.2B $3B $3.3B
 
Revenue (Reported) $9.4B $14.9B $17.6B $18.7B $19.5B
Operating Income (Reported) $1.1B $2.5B $3.2B $3B $3.3B
Operating Income (Adjusted) $1.1B $2.5B $3.2B $3B $3.3B
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $877M $1.4B $507M $338M $396M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $1.8B $2B $2.6B $2.7B $2.8B
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $180M $251M $235M $261M $294M
Total Current Assets $2.8B $3.6B $3.3B $3.3B $3.5B
 
Property Plant And Equipment $2.3B $2.6B $2.6B $2.5B $2.7B
Long-Term Investments $422M $387M $335M $308M $298M
Goodwill $9.2B $9.1B $8.9B $8.9B $8.7B
Other Intangibles $9B $8.9B $8.7B $9.2B $9.5B
Other Long-Term Assets $616M $604M $584M $658M $716M
Total Assets $24.7B $25.6B $24.8B $25.7B $26.2B
 
Accounts Payable $527M $726M $746M $738M $763M
Accrued Expenses $2.3B $2.4B $2.6B $3.1B $3.1B
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities $1.8B $2.5B $3.3B $3.3B $3.5B
Total Current Liabilities $5.8B $6.4B $7.3B $7.8B $8.6B
 
Long-Term Debt $10B $10.4B $10.4B $12.2B $13.9B
Capital Leases -- -- -- -- --
Total Liabilities $24.3B $24.1B $24.2B $26.4B $29.2B
 
Common Stock $5M $5M $5M $5M $5M
Other Common Equity Adj -$135M -$342M -$729M -$647M -$1.1B
Common Equity $430M $1.4B $568M -$682M -$3B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $430M $1.4B $568M -$682M -$3B
 
Total Liabilities and Equity $24.7B $25.6B $24.8B $25.7B $26.2B
Cash and Short Terms $877M $1.4B $507M $338M $396M
Total Debt $11.2B $11.2B $11.1B $12.8B $15.2B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $772M $1B $717M $394M $678M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $2B $2.4B $2.7B $2.9B --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets $176M $261M $262M $259M --
Total Current Assets $3B $3.7B $3.7B $3.6B $4.1B
 
Property Plant And Equipment $2.1B $2.5B $2.5B $2.5B $2.9B
Long-Term Investments $390M $332M $311M $307M $298M
Goodwill $9.1B $8.8B $8.8B $8.9B --
Other Intangibles $8.9B $8.6B $9B $9.5B --
Other Long-Term Assets $627M $559M $578M $666M --
Total Assets $24.5B $24.8B $25.3B $26.2B $27.8B
 
Accounts Payable $711M $746M $696M $807M --
Accrued Expenses $2.4B $2.7B $2.7B $3.3B --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities $2.3B $3.1B $3.4B $3.4B --
Total Current Liabilities $6B $7.1B $7.7B $8.5B $8.8B
 
Long-Term Debt $10B $9.9B $11.8B $13.5B $15.3B
Capital Leases -- -- -- -- --
Total Liabilities $23.6B $23.7B $25.9B $28.6B $31B
 
Common Stock $5M $5M $5M $5M $5M
Other Common Equity Adj -$332M -$990M -$849M -$714M --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $918M $1.1B -$661M -$2.4B -$3.1B
 
Total Liabilities and Equity $24.5B $24.8B $25.3B $26.2B $27.8B
Cash and Short Terms $772M $1B $717M $394M $678M
Total Debt $10.5B $10.4B $12.7B $14.5B $16.9B
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$267M $1.1B $2.4B $3.1B $2.4B
Depreciation & Amoritzation $478M $295M $282M $277M $492M
Stock-Based Compensation $201M $182M $192M $205M $237M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $1.6B $1.2B $2.4B $3.2B $2.7B
 
Capital Expenditures $135M $183M $332M $452M $750M
Cash Acquisitions -- -- -- $101M $26M
Cash From Investing $35M -$187M -$297M -$465M -$734M
 
Dividends Paid (Ex Special Dividend) $156M -- $321M $587M $682M
Special Dividend Paid
Long-Term Debt Issued $3.6B $1.8B $983M $1.9B $2.9B
Long-Term Debt Repaid -$1.9B -$2.2B -$804M -$684M -$558M
Repurchase of Common Stock $150M -- $2.6B $4B $3.8B
Other Financing Activities -$111M -$234M -$72M -$133M -$138M
Cash From Financing -$1B -$463M -$3B -$2.9B -$2B
 
Beginning Cash (CF) $877M $1.4B $507M $338M $396M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $641M $527M -$896M -$159M $59M
Ending Cash (CF) $1.5B $1.9B -$389M $179M $455M
 
Levered Free Cash Flow $1.5B $994M $2B $2.7B $2B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $220M $630M $752M $584M $728M
Depreciation & Amoritzation $85M $72M $69M $71M $143M
Stock-Based Compensation $42M $48M $54M $63M $61M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $619M $874M $881M $880M $1.1B
 
Capital Expenditures $44M $73M $124M $174M $491M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$9M -$46M -$120M -$164M -$489M
 
Dividends Paid (Ex Special Dividend) -- $97M $154M $176M $182M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $698M $983M $1.1B $1.5B --
Long-Term Debt Repaid -$1.1B -$2M -$2M -$2M --
Repurchase of Common Stock -- $935M $942M $1B $800M
Other Financing Activities -$138M $24M -$27M -$2M --
Cash From Financing -$492M -$327M -$597M -$670M -$602M
 
Beginning Cash (CF) $772M $1B $717M $394M $678M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $118M $501M $164M $46M $2M
Ending Cash (CF) $890M $1.5B $881M $440M $680M
 
Levered Free Cash Flow $575M $801M $757M $706M $602M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $467M $2.2B $2.9B $2.8B $2.6B
Depreciation & Amoritzation $331M $285M $274M $286M $701M
Stock-Based Compensation $196M $188M $195M $231M $235M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $761M $2.4B $2.9B $3.2B $2.7B
 
Capital Expenditures $152M $261M $458M $542M $1.1B
Cash Acquisitions -- -- $102M -$1M $26M
Cash From Investing -$157M -$243M -$523M -$491M -$1.1B
 
Dividends Paid (Ex Special Dividend) -- $195M $561M $658M $715M
Special Dividend Paid
Long-Term Debt Issued $1.8B $989M $1.9B $2.9B --
Long-Term Debt Repaid -$671M -$430M -$558M -$908M --
Repurchase of Common Stock -- $1.2B $4.3B $4.1B $2.9B
Other Financing Activities -$230M -$69M -$139M -$130M --
Cash From Financing -$1.4B -$1.8B -$2.7B -$3B -$1.3B
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$793M $271M -$325M -$327M $278M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $609M $2.1B $2.4B $2.6B $1.6B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $631M $1.7B $2.2B $1.9B $2.2B
Depreciation & Amoritzation $222M $212M $204M $213M $422M
Stock-Based Compensation $138M $144M $147M $173M $171M
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $745M $1.9B $2.4B $2.4B $2.4B
 
Capital Expenditures $114M $192M $318M $408M $781M
Cash Acquisitions -- -- $102M -- --
Cash From Investing -$81M -$137M -$363M -$389M -$775M
 
Dividends Paid (Ex Special Dividend) -- $195M $435M $506M $539M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $1.8B $983M $1.9B $2.9B $2B
Long-Term Debt Repaid -$2.3B -$578M -$332M -$556M -$954M
Repurchase of Common Stock -- $1.2B $3B $3.2B $2.3B
Other Financing Activities -$228M -$63M -$130M -$127M -$110M
Cash From Financing -$761M -$2.1B -$1.8B -$2B -$1.3B
 
Beginning Cash (CF) $2.1B $2.6B $1.8B $1.2B $1.9B
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$97M -$353M $218M $50M $269M
Ending Cash (CF) $2B $2.3B $2.1B $1.2B $2.1B
 
Levered Free Cash Flow $631M $1.7B $2.1B $2B $1.6B

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