FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

PH
2026-06-30 · figures in $M

FCF UP

Free cash flow rose 17% to $3.9B — the highest of its last 8 readings, and covered net income 1.07×.

CASH FROM OPS +15.6%
4,364 20.3% MGN
CAPITAL EXPENDITURE +5.5%
459
FREE CASH FLOW +16.9%
3,905
FCF / NET INCOME +13.1%
1.07× TARGET >1.0×
Cash flow FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 YoY TTM 8Q
Net income
1,525 1,202 1,746 1,316 2,083 2,844 3,532 3,649 +3.3% 3,649 2024-09-30 · $698.0M2024-12-31 · $949.0M2025-03-31 · $962.0M2025-06-30 · $923.0M2025-09-30 · $808.0M2025-12-31 · $845.0M2026-03-31 · $904.0M2026-06-30 · $1.1B
Stock-based comp
104 111 121 137 143 155 159 179 +12.6% 179
Cash from operations
1,730 2,071 2,575 2,442 2,980 3,384 3,776 4,364 +15.6% 4,364 2024-09-30 · $744.0M2024-12-31 · $935.0M2025-03-31 · $630.0M2025-06-30 · $1.5B2025-09-30 · $782.0M2025-12-31 · $862.0M2026-03-31 · $984.0M2026-06-30 · $1.7B
Cash conversion
1.13× 1.72× 1.47× 1.86× 1.43× 1.19× 1.07× 1.20× +11.9% 1.20×
Capital expenditures
(195) (233) (210) (230) (381) (400) (435) (459) +5.5% (459)
Free cash flow
1,535 1,838 2,365 2,212 2,599 2,984 3,341 3,905 +16.9% 3,905 2024-09-30 · $649.0M2024-12-31 · $814.0M2025-03-31 · $542.0M2025-06-30 · $1.3B2025-09-30 · $693.0M2025-12-31 · $768.0M2026-03-31 · $881.0M2026-06-30 · $1.6B
FCF margin
10.7% 13.4% 16.5% 13.9% 13.6% 15.0% 16.8% 18.2% +7.9% 18.2%
Cash from investing
-219 -5,024 -0 -419 -8,177 -298 224 -1,390 — -1,390
Dividends paid
412 454 475 570 704 782 861 936 +8.7% 936
Share repurchases
860 216 219 460 297 332 1,766 1,262 -28.5% 1,262
Debt repayment
213 740 1,212 19 2,341 2,385 1,741 24 -98.6% 24
Cash from financing
902 449 -2,623 3,916 -971 -3,115 -3,977 -2,934 — -2,934
Net change in cash
2,398 -2,534 48 5,915 -6,173 -53 45 34 -24.4% 34
Ending cash balance
3,220 686 733 536 475 422 467 501 +7.3% 501

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM3,341 CASH FROM OPERATIONS+588 CAPITAL EXPENDITURES-24 TO3,905
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-K FILED 2026-08-21 ↗