Earnings Estimates

The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable. Actual results may differ from these estimates under different assumptions or conditions.

Stock Information

Price (Prev Close): 227.55
Price - 52 Week High: 275.00
Price - 52 Week Low: 161.65
Price Date (Latest): 4/18/24
Median Price Target: 270.80
Diff from Prev Close: 43.25
% Difference: 19.00

Analyst Ratings

Mean Recommendation:

2.12

Sell

Strong Buy

Available Measures

Reference Information - Earnings Per Share

Analyst Forecasts - Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 26 13.84 14.52 12.51 14.10 9 1 1 0.42
Annual Dec 25 12.43 12.93 12.01 12.39 16 1 1 0.16
Annual Dec 24 11.02 11.19 10.91 10.99 16 1 -- 0.19
Quarterly Mar 24 2.07 2.11 2.00 2.07 12 -- 1 -3.08
Quarterly Jun 24 2.65 2.79 2.55 2.66 12 1 1 -1.36
Quarterly Sep 24 3.03 3.12 2.91 3.04 12 2 -- 1.25
Quarterly Dec 24 3.28 3.40 3.14 3.30 12 1 -- 1.92
Long Term Growth 9.19 9.19 9.19 9.19 1 -- -- 0.00

Actuals - Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual Dec 23 10.67 10.60 0.65
Annual Dec 22 11.12 10.89 2.13
Annual Dec 21 10.32 10.27 0.51
Quarterly Dec 23 2.46 2.40 2.40
Quarterly Sep 23 2.72 2.37 14.85
Quarterly Jun 23 2.69 2.64 1.96
Quarterly Mar 23 2.78 2.59 7.40

Reference Information - Book Value Per Share

Analyst Forecasts - Book Value Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 26 91.15 113.16 49.00 101.22 4 -- -- --
Annual Dec 25 82.52 97.72 50.00 86.17 5 -- -- --
Annual Dec 24 78.90 83.75 74.25 78.80 4 -- -- --
Quarterly Mar 24 72.69 72.69 72.69 72.69 1 -- -- -15.32
Quarterly Jun 24 75.90 75.90 75.90 75.90 1 -- -- 58.29
Quarterly Sep 24 79.23 79.23 79.23 79.23 1 -- -- --
Quarterly Dec 24 82.82 82.82 82.82 82.82 1 -- -- -22.89

Actuals - Book Value Per Share

Reported Mean Estimate Surprise % Change
Annual Dec 23 68.96 66.76 3.29
Annual Dec 22 58.42 56.02 4.29
Annual Dec 21 50.21 47.93 4.78
Quarterly Dec 23 68.96 80.17 -13.98
Quarterly Sep 23 64.45 -41.24 256.30
Quarterly Jun 23 62.60 64.09 -2.32
Quarterly Mar 23 60.74 61.87 -1.83

Reference Information - Cash Flow Per Share

Analyst Forecasts - Cash Flow Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 26 18.39 19.05 18.06 18.06 3 -- 1 -0.04
Annual Dec 25 16.44 17.31 15.75 16.31 5 -- 1 -0.04
Annual Dec 24 14.20 14.83 13.63 14.04 5 1 -- 0.01
Quarterly Mar 24 3.03 3.03 3.03 3.03 1 -- -- --
Quarterly Jun 24 3.75 3.75 3.75 3.75 1 -- -- --
Quarterly Sep 24 3.89 3.89 3.89 3.89 1 -- -- --
Quarterly Dec 24 4.16 4.16 4.16 4.16 1 -- -- --

Actuals - Cash Flow Per Share

Reported Mean Estimate Surprise % Change
Annual Dec 23 13.29 13.59 -2.23
Annual Dec 22 12.08 13.37 -9.63
Annual Dec 21 14.79 12.63 17.14
Quarterly Dec 23 4.28 3.32 28.92
Quarterly Sep 23 3.98 3.22 23.60
Quarterly Jun 23 2.86 3.46 -17.44
Quarterly Mar 23 2.13 3.81 -44.13

Reference Information - Dividend Per Share

Analyst Forecasts - Dividend Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 26 -- -- -- -- 4 -- -- 0.00
Annual Dec 25 -- -- -- -- 5 -- -- 0.00
Annual Dec 24 -- -- -- -- 5 -- -- 0.00
Quarterly Mar 24 -- -- -- -- 3 -- -- 0.00
Quarterly Jun 24 -- -- -- -- 3 -- -- 0.00
Quarterly Sep 24 -- -- -- -- 3 -- -- 0.00
Quarterly Dec 24 -- -- -- -- 3 -- -- 0.00

Actuals - Dividend Per Share

Reported Mean Estimate Surprise % Change
Annual Dec 23 -- -- --
Annual Dec 22 -- -- --
Annual Dec 21 -- -- --
Quarterly Dec 23 -- -- --
Quarterly Sep 23 -- -- --
Quarterly Jun 23 -- -- --
Quarterly Mar 23 -- -- --

Reference Information - EBIT

Analyst Forecasts - EBIT

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 26 1,054.60 1,144.00 830.00 1,075.80 10 -- 1 0.47
Annual Dec 25 960.89 1,019.00 755.00 976.71 13 -- 1 0.29
Annual Dec 24 858.74 883.78 672.00 876.67 14 1 1 0.22
Quarterly Mar 24 176.66 180.39 170.00 177.30 9 -- 1 -3.04
Quarterly Jun 24 210.63 219.00 206.00 208.60 9 1 1 -1.75
Quarterly Sep 24 236.46 242.50 227.06 238.00 9 2 -- 1.27
Quarterly Dec 24 251.63 258.00 243.29 252.21 9 2 -- 2.09

Actuals - EBIT

Reported Mean Estimate Surprise % Change
Annual Dec 23 838.81 841.41 -0.31
Annual Dec 22 833.97 813.97 2.46
Annual Dec 21 742.06 721.71 2.82
Quarterly Dec 23 193.95 197.44 -1.77
Quarterly Sep 23 210.88 194.33 8.51
Quarterly Jun 23 216.20 212.79 1.60
Quarterly Mar 23 217.78 208.86 4.27

Reference Information - EBITDA

Analyst Forecasts - EBITDA

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 26 1,322.78 1,466.36 1,104.00 1,328.50 9 -- 1 0.05
Annual Dec 25 1,198.82 1,354.84 1,028.00 1,174.20 13 1 1 0.23
Annual Dec 24 1,091.50 1,236.90 996.00 1,064.00 13 2 1 0.17
Quarterly Mar 24 231.45 268.06 218.00 223.90 9 -- 1 -1.79
Quarterly Jun 24 265.76 302.44 253.00 256.68 9 1 1 -0.85
Quarterly Sep 24 290.69 323.37 276.46 284.30 9 2 -- 0.91
Quarterly Dec 24 308.75 343.02 293.91 302.30 9 2 -- 1.61

Actuals - EBITDA

Reported Mean Estimate Surprise % Change
Annual Dec 22 990.90 1,006.10 -1.51
Annual Dec 21 879.46 874.93 0.52
Quarterly Sep 23 289.75 244.19 18.66
Quarterly Jun 23 293.87 257.92 13.94
Quarterly Mar 23 294.85 252.21 16.91

Reference Information - GAAP Earnings Per Share

Analyst Forecasts - GAAP Earnings Per Share

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 26 12.43 13.86 11.31 12.26 7 -- 1 -0.01
Annual Dec 25 10.32 12.88 9.38 10.03 8 -- 1 -0.02
Annual Dec 24 8.14 8.34 7.92 8.09 7 1 1 --
Quarterly Mar 24 1.47 2.00 1.29 1.38 6 -- 1 -0.45
Quarterly Jun 24 2.05 2.59 1.80 1.98 6 1 1 -1.60
Quarterly Sep 24 2.45 3.12 2.27 2.33 6 2 -- 0.20
Quarterly Dec 24 2.67 3.33 2.43 2.56 6 1 -- 1.33

Actuals - GAAP Earnings Per Share

Reported Mean Estimate Surprise % Change
Annual Dec 23 9.22 7.41 24.39
Annual Dec 22 9.48 7.95 19.30
Annual Dec 21 7.60 6.99 8.67
Quarterly Dec 23 3.62 1.78 103.94
Quarterly Sep 23 1.69 1.71 -0.88
Quarterly Jun 23 1.89 2.11 -10.21
Quarterly Mar 23 2.01 2.09 -4.05

Reference Information - Net Debt

Analyst Forecasts - Net Debt

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 26 947.43 1,253.90 736.95 899.44 4 -- -- --
Annual Dec 25 1,447.77 1,713.60 1,339.00 1,379.12 6 -- -- --
Annual Dec 24 1,938.65 2,109.30 1,809.98 1,941.99 6 -- -- --
Quarterly Mar 24 2,232.46 2,232.46 2,232.46 2,232.46 1 -- -- --
Quarterly Jun 24 2,140.16 2,140.16 2,140.16 2,140.16 1 -- -- --
Quarterly Sep 24 2,016.48 2,016.48 2,016.48 2,016.48 1 -- -- --
Quarterly Dec 24 1,939.09 1,939.09 1,939.09 1,939.09 1 -- -- --

Actuals - Net Debt

Reported Mean Estimate Surprise % Change
Annual Dec 23 2,375.88 2,234.24 6.34
Annual Dec 22 2,473.62 2,401.99 2.98
Annual Dec 21 2,425.15 2,484.22 -2.38
Quarterly Dec 23 2,375.88 2,226.46 6.71
Quarterly Sep 23 2,358.78 2,330.88 1.20
Quarterly Jun 23 2,480.80 2,367.73 4.78
Quarterly Mar 23 2,542.19 2,313.40 9.89

Reference Information - Net Income

Analyst Forecasts - Net Income

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 26 717.17 747.99 679.00 714.30 8 -- 1 -0.01
Annual Dec 25 633.41 665.00 517.95 641.80 11 -- 1 -0.34
Annual Dec 24 559.94 592.02 429.74 570.21 12 2 -- -0.14
Quarterly Mar 24 102.09 109.08 72.20 107.81 7 -- 1 -5.67
Quarterly Jun 24 134.19 144.10 105.79 137.99 7 1 1 -2.27
Quarterly Sep 24 152.27 161.01 121.85 157.10 7 2 -- 0.98
Quarterly Dec 24 162.95 172.00 129.90 168.55 7 2 -- 1.95

Actuals - Net Income

Reported Mean Estimate Surprise % Change
Annual Dec 23 548.90 546.11 0.51
Annual Dec 22 570.62 558.75 2.12
Annual Dec 21 530.53 526.43 0.78
Quarterly Dec 23 127.17 123.03 3.37
Quarterly Sep 23 140.46 119.04 18.00
Quarterly Jun 23 138.29 130.40 6.05
Quarterly Mar 23 142.99 128.99 10.85

Reference Information - Operating Profit

Analyst Forecasts - Operating Profit

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 26 -- -- -- -- -- -- -- --
Annual Dec 25 -- -- -- -- -- -- -- --
Annual Dec 24 -- -- -- -- -- -- -- --
Quarterly Dec 24 -- -- -- -- -- -- -- --
Quarterly Sep 24 -- -- -- -- -- -- -- --
Quarterly Jun 24 -- -- -- -- -- -- -- --
Quarterly Mar 24 -- -- -- -- -- -- -- --

Actuals - Operating Profit

Reported Mean Estimate Surprise % Change
Dec 00 -- -- --
Dec 00 -- -- --
Dec 00 -- -- --
Dec 00 -- -- --
Dec 00 -- -- --
Dec 00 -- -- --
Dec 00 -- -- --

Reference Information - Return On Equity

Analyst Forecasts - Return On Equity

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 26 13.98 15.61 12.74 13.30 7 -- -- --
Annual Dec 25 14.41 16.10 12.50 14.25 8 -- -- --
Annual Dec 24 14.45 15.90 10.80 14.80 9 -- -- 0.01
Quarterly Mar 24 12.27 12.60 11.94 12.27 2 -- -- --
Quarterly Jun 24 15.41 16.10 14.71 15.41 2 -- -- --
Quarterly Sep 24 15.97 16.32 15.61 15.97 2 -- -- --
Quarterly Dec 24 16.07 16.66 15.47 16.07 2 -- -- --

Actuals - Return On Equity

Reported Mean Estimate Surprise % Change
Annual Dec 23 16.85 15.94 0.91
Annual Dec 22 20.71 19.95 0.76
Annual Dec 21 22.82 23.08 -0.26
Quarterly Dec 23 14.86 15.13 -0.27
Quarterly Sep 23 17.35 15.84 1.51
Quarterly Jun 23 17.58 18.04 -0.46
Quarterly Mar 23 18.80 18.31 0.49

Reference Information - Sales

Analyst Forecasts - Sales

Last Month Revisions
Last Month Revisions
Fiscal Period Mean High Low Median # of Estimates # Up # Down Mean % Change
Annual Dec 26 4,897.79 5,113.30 4,651.00 4,906.27 10 1 1 0.47
Annual Dec 25 4,543.31 4,714.50 4,406.00 4,535.89 15 1 1 0.26
Annual Dec 24 4,223.17 4,263.90 4,200.68 4,221.38 15 -- 2 0.06
Quarterly Mar 24 991.67 1,004.77 979.40 991.72 11 -- 1 -0.73
Quarterly Jun 24 1,040.38 1,057.03 1,025.00 1,038.00 11 -- 2 -0.84
Quarterly Sep 24 1,075.61 1,099.21 1,061.05 1,074.60 11 1 1 0.09
Quarterly Dec 24 1,116.44 1,144.00 1,095.92 1,111.10 11 1 1 0.54

Actuals - Sales

Reported Mean Estimate Surprise % Change
Annual Dec 23 4,129.41 4,103.41 0.63
Annual Dec 22 3,976.06 3,911.12 1.66
Annual Dec 21 3,540.16 3,521.93 0.52
Quarterly Dec 23 1,013.48 991.25 2.24
Quarterly Sep 23 1,026.62 1,000.50 2.61
Quarterly Jun 23 1,059.94 1,053.71 0.59
Quarterly Mar 23 1,029.37 986.35 4.36

P/E Ratios

Fiscal Year FY0 FY1 FY2
Ratios 21.33 20.65 18.31

EPS Growth Rates

Fiscal YOY FY1/FY0 FY2/FY1 FY3/FY2
Growth Rate 3.97 12.76 11.32

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