Income StatementJun '25Dec '24Jun '24Dec '23Jun '23Dec '22Jun '22Dec '21Jun '21Dec '20Jun '20Dec '19Jun '19Dec '18

Total Revenues

21,622

20,071.2

18,929.8

17,374.5

16,348.8

15,777.6

Total Revenues %Chg

14.2%

15.5%

15.8%

10.1%

3.2%

3.8%

Cost of Sales

10,588.5

10,887.2

10,151.2

10,238.3

9,477.1

10,192.8

Gross Profit

11,033.5

9,184

8,778.5

7,136.2

6,871.7

5,584.8

Gross Profit Margin

51%

45.8%

46.4%

41.1%

42%

35.4%

Selling, General & Administrative Expenses

2,264.3

2,490.2

2,129.4

2,393.2

1,985

2,165.2

Research & Development Expenses

1,647.5

1,511.6

1,413.7

1,330.5

1,345.3

1,336.7

Operating Profit

7,121.7

5,182.2

5,235.4

3,412.5

3,541.5

2,082.9

Operating Margin

32.9%

25.8%

27.7%

19.6%

21.7%

13.2%

Interest and Investment Income

90.5

32.4

234.4

-4.5

-44.2

-78.6

Interest Expense

-366.8

-377.4

-341.3

-350.8

-349.1

-343.2

Total Non-Operating Income

-276.3

-345

-106.9

-355.3

-393.3

-421.7

Income Before Provision for Income Taxes

6,845.4

4,837.2

5,128.4

3,057.2

3,148.2

1,661.2

Provision for Income Taxes

829.6

605.1

648.9

441.9

355.5

207.7

Consolidated Net Income

6,015.8

4,232.1

4,479.5

2,615.3

2,792.7

1,453.5

Net Income Attributable to Common Shareholders

6,015.8

4,232.1

4,479.5

2,615.3

2,792.7

1,453.5

Basic EPS

1.4

1

1

0.6

0.6

0.3

Diluted EPS

1.4

1

1

0.6

0.6

0.3

Basic Weighted Average Shares Outstanding

4,262.4

4,279.6

4,310.8

4,385.8

4,445.6

4,450.4

Total Shares Outstanding

4,249.3

4,277.6

4,291.6

4,327.6

4,431.5

4,453.5

Diluted Weighted Average Shares Outstanding

4,359.2

4,378.3

4,407

4,470.1

4,519.9

4,510

EBITDA

7,281.8

5,342.7

5,403.8

3,589.7

3,721.2

2,261.5

Effective Tax Rate

12.1%

12.5%

12.7%

14.5%

11.3%

12.5%