{
  "ticker": {
    "uuid": "3aa6d630-1fe8-4285-a64d-fa48832ef72b",
    "symbol": "SAP",
    "name": "SAP SE ADR",
    "exchange": "NYSE",
    "exchange_name": "NYSE",
    "country": "US",
    "currency": "USD",
    "sector": "Technology",
    "industry": "Software - Application",
    "page_url": "https://sharemaestro.com/factors/ticker/3aa6d630-1fe8-4285-a64d-fa48832ef72b/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/3aa6d630-1fe8-4285-a64d-fa48832ef72b/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "3aa6d630-1fe8-4285-a64d-fa48832ef72b",
      "symbol": "SAP",
      "name": "SAP SE ADR",
      "exchange": "NYSE",
      "exchange_name": "NYSE",
      "country": "US",
      "currency": "USD",
      "sector": "Technology",
      "industry": "Software - Application",
      "page_url": "https://sharemaestro.com/factors/ticker/3aa6d630-1fe8-4285-a64d-fa48832ef72b/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/3aa6d630-1fe8-4285-a64d-fa48832ef72b/"
    },
    "week_end_date": "2026-07-19",
    "universe": "USD_US",
    "score": {
      "os": 0.11,
      "value": 0.14,
      "quality": 0.82,
      "momentum": 0.04,
      "coverage": 1,
      "confidence": 0.969,
      "delta": 0
    },
    "headline_factors": {
      "price": 159.04,
      "market_cap": 187497392037.76,
      "pe_ratio": 25.6389,
      "earnings_yield": 0.0594,
      "ebitda_to_ev": 0.0662,
      "shareholder_yield": 0.0402,
      "roe": 0.163,
      "piotroski_f_score": 8,
      "momentum_12_1": -0.4841,
      "volatility_252d": 0.3045
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": true
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": 25.6389,
        "ev_ebitda": 15.1026,
        "earnings_yield": 0.0594,
        "fcf_yield": 0.0519,
        "shareholder_yield": 0.0402
      },
      "quality": {
        "roe": 0.163,
        "roic": 0.1819,
        "gross_margin": 0.7279,
        "fcf_margin": 0.2589,
        "piotroski_f_score": 8
      },
      "growth": {
        "revenue_growth_1y": 0.0624,
        "eps_growth_1y": 0.2758,
        "fcf_growth_1y": 0.3766
      },
      "momentum": {
        "price_return_12m": -0.4714,
        "momentum_12_1": -0.4841,
        "relative_strength": -0.6203
      },
      "scores": {
        "value_percentile": 0.14,
        "quality_percentile": 0.82,
        "momentum_percentile": 0.04,
        "growth_composite": 35,
        "yield_composite": 27,
        "overall_composite": 89,
        "os_score": 0.11,
        "factor_coverage": 1,
        "signal_confidence": 0.969
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 184.77,
      "os": 0.09,
      "value": 0.08,
      "quality": 0.82,
      "momentum": 0.07,
      "confidence": 1,
      "coverage": 1,
      "pe_ratio": 29.7869,
      "earnings_yield": 0.051,
      "shareholder_yield": 0.0346,
      "roe": 0.163,
      "momentum_12_1": -0.4298
    },
    {
      "week_end_date": "2026-06-14",
      "price": 164.18,
      "os": 0.12,
      "value": 0.13,
      "quality": 0.82,
      "momentum": 0.11,
      "confidence": 1,
      "coverage": 1,
      "pe_ratio": 26.4675,
      "earnings_yield": 0.0575,
      "shareholder_yield": 0.039,
      "roe": 0.163,
      "momentum_12_1": -0.4125
    },
    {
      "week_end_date": "2026-06-21",
      "price": 155.22,
      "os": 0.12,
      "value": 0.16,
      "quality": 0.83,
      "momentum": 0.05,
      "confidence": 1,
      "coverage": 1,
      "pe_ratio": 25.0231,
      "earnings_yield": 0.0608,
      "shareholder_yield": 0.0412,
      "roe": 0.163,
      "momentum_12_1": -0.3778
    },
    {
      "week_end_date": "2026-06-28",
      "price": 155.09,
      "os": 0.16,
      "value": 0.17,
      "quality": 0.82,
      "momentum": 0.13,
      "confidence": 1,
      "coverage": 1,
      "pe_ratio": 25.0021,
      "earnings_yield": 0.0609,
      "shareholder_yield": 0.0413,
      "roe": 0.163,
      "momentum_12_1": -0.386
    },
    {
      "week_end_date": "2026-07-05",
      "price": 162.59,
      "os": 0.12,
      "value": 0.14,
      "quality": 0.84,
      "momentum": 0.06,
      "confidence": 0.991,
      "coverage": 1,
      "pe_ratio": 26.2112,
      "earnings_yield": 0.0581,
      "shareholder_yield": 0.0394,
      "roe": 0.163,
      "momentum_12_1": -0.3813
    },
    {
      "week_end_date": "2026-07-12",
      "price": 157.86,
      "os": 0.11,
      "value": 0.16,
      "quality": 0.83,
      "momentum": 0.01,
      "confidence": 0.98,
      "coverage": 1,
      "pe_ratio": 25.4487,
      "earnings_yield": 0.0598,
      "shareholder_yield": 0.0405,
      "roe": 0.163,
      "momentum_12_1": -0.445
    },
    {
      "week_end_date": "2026-07-19",
      "price": 159.04,
      "os": 0.11,
      "value": 0.14,
      "quality": 0.82,
      "momentum": 0.04,
      "confidence": 0.969,
      "coverage": 1,
      "pe_ratio": 25.6389,
      "earnings_yield": 0.0594,
      "shareholder_yield": 0.0402,
      "roe": 0.163,
      "momentum_12_1": -0.4841
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 36800000000,
          "cost_of_revenue": 9986000000,
          "gross_profit": 26814000000,
          "ebit": 10762000000,
          "ebitda": 12073000000,
          "pretax_income": 10270000000,
          "tax_provision": 2944000000,
          "net_income": 7161000000,
          "net_income_to_common": 7161000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8216502000,
          "total_current_assets": 20247379000,
          "total_assets": 70332054000,
          "short_term_debt": 2049128000,
          "long_term_debt": 4194000000,
          "total_debt": 8067565000,
          "total_liabilities": 25114307000,
          "total_equity": 44732953000,
          "shares_outstanding": 1175000000,
          "goodwill_and_intangibles": 31282680000
        },
        "cash_flow": {
          "operating_cash_flow": 8646715308,
          "capital_expenditure": 709833656,
          "free_cash_flow": 9356548964,
          "dividends_paid": 2634741178,
          "share_repurchases": -1937000000,
          "shares_issued": null,
          "net_debt_issued": -3488000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 36800000000,
          "cost_of_revenue": 9986000000,
          "gross_profit": 26814000000,
          "ebit": 10762000000,
          "ebitda": 12073000000,
          "pretax_income": 10270000000,
          "tax_provision": 2944000000,
          "net_income": 7161000000,
          "net_income_to_common": 7161000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8216502000,
          "total_current_assets": 20247379000,
          "total_assets": 70332054000,
          "short_term_debt": 2049128000,
          "long_term_debt": 4194000000,
          "total_debt": 8067565000,
          "total_liabilities": 25114307000,
          "total_equity": 44732953000,
          "shares_outstanding": 1175000000,
          "goodwill_and_intangibles": 31282680000
        },
        "cash_flow": {
          "operating_cash_flow": 8646715308,
          "capital_expenditure": 709833656,
          "free_cash_flow": 9356548964,
          "dividends_paid": 2634741178,
          "share_repurchases": -1937000000,
          "shares_issued": null,
          "net_debt_issued": -3488000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 36800000000,
          "cost_of_revenue": 9986000000,
          "gross_profit": 26814000000,
          "ebit": 10762000000,
          "ebitda": 12073000000,
          "pretax_income": 10270000000,
          "tax_provision": 2944000000,
          "net_income": 7161000000,
          "net_income_to_common": 7161000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8216502000,
          "total_current_assets": 20247379000,
          "total_assets": 70332054000,
          "short_term_debt": 2049128000,
          "long_term_debt": 4194000000,
          "total_debt": 8067565000,
          "total_liabilities": 25114307000,
          "total_equity": 44732953000,
          "shares_outstanding": 1175000000,
          "goodwill_and_intangibles": 31282680000
        },
        "cash_flow": {
          "operating_cash_flow": 8646715308,
          "capital_expenditure": 709833656,
          "free_cash_flow": 9356548964,
          "dividends_paid": 2634741178,
          "share_repurchases": -1937000000,
          "shares_issued": null,
          "net_debt_issued": -3488000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 36800000000,
          "cost_of_revenue": 9986000000,
          "gross_profit": 26814000000,
          "ebit": 10762000000,
          "ebitda": 12073000000,
          "pretax_income": 10270000000,
          "tax_provision": 2944000000,
          "net_income": 7161000000,
          "net_income_to_common": 7161000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8216502000,
          "total_current_assets": 20247379000,
          "total_assets": 70332054000,
          "short_term_debt": 2049128000,
          "long_term_debt": 4194000000,
          "total_debt": 8067565000,
          "total_liabilities": 25114307000,
          "total_equity": 44732953000,
          "shares_outstanding": 1175000000,
          "goodwill_and_intangibles": 31282680000
        },
        "cash_flow": {
          "operating_cash_flow": 8646715308,
          "capital_expenditure": 709833656,
          "free_cash_flow": 9356548964,
          "dividends_paid": 2634741178,
          "share_repurchases": -1937000000,
          "shares_issued": null,
          "net_debt_issued": -3488000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 36800000000,
          "cost_of_revenue": 9986000000,
          "gross_profit": 26814000000,
          "ebit": 10762000000,
          "ebitda": 12073000000,
          "pretax_income": 10270000000,
          "tax_provision": 2944000000,
          "net_income": 7161000000,
          "net_income_to_common": 7161000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8216502000,
          "total_current_assets": 20247379000,
          "total_assets": 70332054000,
          "short_term_debt": 2049128000,
          "long_term_debt": 4194000000,
          "total_debt": 8067565000,
          "total_liabilities": 25114307000,
          "total_equity": 44732953000,
          "shares_outstanding": 1175000000,
          "goodwill_and_intangibles": 31282680000
        },
        "cash_flow": {
          "operating_cash_flow": 8646715308,
          "capital_expenditure": 709833656,
          "free_cash_flow": 9356548964,
          "dividends_paid": 2634741178,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 36800000000,
          "cost_of_revenue": 9986000000,
          "gross_profit": 26814000000,
          "ebit": 10762000000,
          "ebitda": 12073000000,
          "pretax_income": 10270000000,
          "tax_provision": 2944000000,
          "net_income": 7161000000,
          "net_income_to_common": 7161000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8216502000,
          "total_current_assets": 20247379000,
          "total_assets": 70332054000,
          "short_term_debt": 2049128000,
          "long_term_debt": 4194000000,
          "total_debt": 8067565000,
          "total_liabilities": 25114307000,
          "total_equity": 44732953000,
          "shares_outstanding": 1175000000,
          "goodwill_and_intangibles": 31282680000
        },
        "cash_flow": {
          "operating_cash_flow": 8646715308,
          "capital_expenditure": 709833656,
          "free_cash_flow": 9356548964,
          "dividends_paid": 2634741178,
          "share_repurchases": -1937000000,
          "shares_issued": null,
          "net_debt_issued": -3488000000
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 34176000000,
          "cost_of_revenue": 9243000000,
          "gross_profit": 24932000000,
          "ebit": 5795000000,
          "ebitda": 7075000000,
          "pretax_income": 4764000000,
          "tax_provision": 1614000000,
          "net_income": 3124000000,
          "net_income_to_common": 3124000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 9609000000,
          "total_current_assets": 21401000000,
          "total_assets": 74122000000,
          "short_term_debt": 3931000000,
          "long_term_debt": 5300000000,
          "total_debt": 10651000000,
          "total_liabilities": 28314000000,
          "total_equity": 45440000000,
          "shares_outstanding": 1180000000,
          "goodwill_and_intangibles": 33853000000
        },
        "cash_flow": {
          "operating_cash_flow": 5220000000,
          "capital_expenditure": 797000000,
          "free_cash_flow": 6017000000,
          "dividends_paid": 2565000000,
          "share_repurchases": -2106000000,
          "shares_issued": null,
          "net_debt_issued": 1272000000
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 34176000000,
          "cost_of_revenue": 9243000000,
          "gross_profit": 24932000000,
          "ebit": 5795000000,
          "ebitda": 7075000000,
          "pretax_income": 4764000000,
          "tax_provision": 1614000000,
          "net_income": 3124000000,
          "net_income_to_common": 3124000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 9609000000,
          "total_current_assets": 21401000000,
          "total_assets": 74122000000,
          "short_term_debt": 3931000000,
          "long_term_debt": 5300000000,
          "total_debt": 10651000000,
          "total_liabilities": 28314000000,
          "total_equity": 45440000000,
          "shares_outstanding": 1180000000,
          "goodwill_and_intangibles": 33853000000
        },
        "cash_flow": {
          "operating_cash_flow": 5220000000,
          "capital_expenditure": 797000000,
          "free_cash_flow": 6017000000,
          "dividends_paid": 2565000000,
          "share_repurchases": -2106000000,
          "shares_issued": null,
          "net_debt_issued": 1272000000
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 9555000000,
          "cost_of_revenue": 2582000000,
          "gross_profit": 6973000000,
          "ebit": 3038000000,
          "ebitda": 3343000000,
          "pretax_income": 2746000000,
          "tax_provision": 800000000,
          "net_income": 1932000000,
          "net_income_to_common": 1932000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 9648000000,
          "total_current_assets": 22255000000,
          "total_assets": 73462000000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": 7862000000,
          "total_liabilities": 28097000000,
          "total_equity": 44860000000,
          "shares_outstanding": 1168000000,
          "goodwill_and_intangibles": 31757000000
        },
        "cash_flow": {
          "operating_cash_flow": 3512000000,
          "capital_expenditure": 238000000,
          "free_cash_flow": 3750000000,
          "dividends_paid": 0,
          "share_repurchases": -2279000000,
          "shares_issued": null,
          "net_debt_issued": -559000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 9555000000,
          "cost_of_revenue": 2582000000,
          "gross_profit": 6973000000,
          "ebit": 3038000000,
          "ebitda": 3343000000,
          "pretax_income": 2746000000,
          "tax_provision": 800000000,
          "net_income": 1932000000,
          "net_income_to_common": 1932000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 9648000000,
          "total_current_assets": 22255000000,
          "total_assets": 73462000000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": 7862000000,
          "total_liabilities": 28097000000,
          "total_equity": 44860000000,
          "shares_outstanding": 1168000000,
          "goodwill_and_intangibles": 31757000000
        },
        "cash_flow": {
          "operating_cash_flow": 3512000000,
          "capital_expenditure": 238000000,
          "free_cash_flow": 3750000000,
          "dividends_paid": 0,
          "share_repurchases": -2279000000,
          "shares_issued": null,
          "net_debt_issued": -559000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 9555000000,
          "cost_of_revenue": 2582000000,
          "gross_profit": 6973000000,
          "ebit": 3038000000,
          "ebitda": 3343000000,
          "pretax_income": 2746000000,
          "tax_provision": 800000000,
          "net_income": 1932000000,
          "net_income_to_common": 1932000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 9648000000,
          "total_current_assets": 22255000000,
          "total_assets": 73462000000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": 7862000000,
          "total_liabilities": 28097000000,
          "total_equity": 44860000000,
          "shares_outstanding": 1168000000,
          "goodwill_and_intangibles": 31757000000
        },
        "cash_flow": {
          "operating_cash_flow": 3512000000,
          "capital_expenditure": 238000000,
          "free_cash_flow": 3750000000,
          "dividends_paid": 0,
          "share_repurchases": -2279000000,
          "shares_issued": null,
          "net_debt_issued": -559000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 9555000000,
          "cost_of_revenue": 2582000000,
          "gross_profit": 6973000000,
          "ebit": 3038000000,
          "ebitda": 3343000000,
          "pretax_income": 2746000000,
          "tax_provision": 800000000,
          "net_income": 1932000000,
          "net_income_to_common": 1932000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 9648000000,
          "total_current_assets": 22255000000,
          "total_assets": 73462000000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": 7862000000,
          "total_liabilities": 28097000000,
          "total_equity": 44860000000,
          "shares_outstanding": 1168000000,
          "goodwill_and_intangibles": 31757000000
        },
        "cash_flow": {
          "operating_cash_flow": 3512000000,
          "capital_expenditure": 238000000,
          "free_cash_flow": 3750000000,
          "dividends_paid": 0,
          "share_repurchases": -2279000000,
          "shares_issued": null,
          "net_debt_issued": -559000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 9555000000,
          "cost_of_revenue": 2582000000,
          "gross_profit": 6973000000,
          "ebit": 3038000000,
          "ebitda": 3343000000,
          "pretax_income": 2746000000,
          "tax_provision": 800000000,
          "net_income": 1932000000,
          "net_income_to_common": 1932000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 9648000000,
          "total_current_assets": 22255000000,
          "total_assets": 73462000000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": null,
          "total_liabilities": 28097000000,
          "total_equity": 44860000000,
          "shares_outstanding": 1168000000,
          "goodwill_and_intangibles": 31757000000
        },
        "cash_flow": {
          "operating_cash_flow": 3512000000,
          "capital_expenditure": 238000000,
          "free_cash_flow": 3750000000,
          "dividends_paid": 0,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 9555000000,
          "cost_of_revenue": 2582000000,
          "gross_profit": 6973000000,
          "ebit": 3038000000,
          "ebitda": 3343000000,
          "pretax_income": 2746000000,
          "tax_provision": 800000000,
          "net_income": 1932000000,
          "net_income_to_common": 1932000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 9648000000,
          "total_current_assets": 22255000000,
          "total_assets": 73462000000,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": 7862000000,
          "total_liabilities": 28097000000,
          "total_equity": 44860000000,
          "shares_outstanding": 1168000000,
          "goodwill_and_intangibles": 31757000000
        },
        "cash_flow": {
          "operating_cash_flow": 3512000000,
          "capital_expenditure": 238000000,
          "free_cash_flow": 3750000000,
          "dividends_paid": 0,
          "share_repurchases": -2279000000,
          "shares_issued": null,
          "net_debt_issued": -559000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 9684000000,
          "cost_of_revenue": 2768000000,
          "gross_profit": 6916000000,
          "ebit": 2188000000,
          "ebitda": 2513000000,
          "pretax_income": 2555000000,
          "tax_provision": 825000000,
          "net_income": 1680000000,
          "net_income_to_common": 1680000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8216502000,
          "total_current_assets": 20247379000,
          "total_assets": 70332054000,
          "short_term_debt": 2049128000,
          "long_term_debt": 6021000000,
          "total_debt": 8067565000,
          "total_liabilities": 25114307000,
          "total_equity": 44732953000,
          "shares_outstanding": 1172000000,
          "goodwill_and_intangibles": 31282680000
        },
        "cash_flow": {
          "operating_cash_flow": 1271290287,
          "capital_expenditure": 176452661,
          "free_cash_flow": 1447742948,
          "dividends_paid": 14197068,
          "share_repurchases": 0,
          "shares_issued": 0,
          "net_debt_issued": -1180000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 9684000000,
          "cost_of_revenue": 2768000000,
          "gross_profit": 6916000000,
          "ebit": 2188000000,
          "ebitda": 2513000000,
          "pretax_income": 2555000000,
          "tax_provision": 825000000,
          "net_income": 1680000000,
          "net_income_to_common": 1680000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8216502000,
          "total_current_assets": 20247379000,
          "total_assets": 70332054000,
          "short_term_debt": 2049128000,
          "long_term_debt": 6021000000,
          "total_debt": 8067565000,
          "total_liabilities": 25114307000,
          "total_equity": 44732953000,
          "shares_outstanding": 1172000000,
          "goodwill_and_intangibles": 31282680000
        },
        "cash_flow": {
          "operating_cash_flow": 1271290287,
          "capital_expenditure": 176452661,
          "free_cash_flow": 1447742948,
          "dividends_paid": 14197068,
          "share_repurchases": 0,
          "shares_issued": 0,
          "net_debt_issued": -1180000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 9684000000,
          "cost_of_revenue": 2768000000,
          "gross_profit": 6916000000,
          "ebit": 2188000000,
          "ebitda": 2513000000,
          "pretax_income": 2555000000,
          "tax_provision": 825000000,
          "net_income": 1680000000,
          "net_income_to_common": 1680000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8216502000,
          "total_current_assets": 20247379000,
          "total_assets": 70332054000,
          "short_term_debt": 2049128000,
          "long_term_debt": 6021000000,
          "total_debt": 8067565000,
          "total_liabilities": 25114307000,
          "total_equity": 44732953000,
          "shares_outstanding": 1172000000,
          "goodwill_and_intangibles": 31282680000
        },
        "cash_flow": {
          "operating_cash_flow": 1271290287,
          "capital_expenditure": 176452661,
          "free_cash_flow": 1447742948,
          "dividends_paid": 14197068,
          "share_repurchases": 0,
          "shares_issued": 0,
          "net_debt_issued": -1180000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 9684000000,
          "cost_of_revenue": 2768000000,
          "gross_profit": 6916000000,
          "ebit": 2188000000,
          "ebitda": 2513000000,
          "pretax_income": 2555000000,
          "tax_provision": 825000000,
          "net_income": 1680000000,
          "net_income_to_common": 1680000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8216502000,
          "total_current_assets": 20247379000,
          "total_assets": 70332054000,
          "short_term_debt": 2049128000,
          "long_term_debt": 6021000000,
          "total_debt": 8067565000,
          "total_liabilities": 25114307000,
          "total_equity": 44732953000,
          "shares_outstanding": 1172000000,
          "goodwill_and_intangibles": 31282680000
        },
        "cash_flow": {
          "operating_cash_flow": 1271290287,
          "capital_expenditure": 176452661,
          "free_cash_flow": 1447742948,
          "dividends_paid": 14197068,
          "share_repurchases": 0,
          "shares_issued": 0,
          "net_debt_issued": -1180000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 9684000000,
          "cost_of_revenue": 2768000000,
          "gross_profit": 6916000000,
          "ebit": 2188000000,
          "ebitda": 2513000000,
          "pretax_income": 2555000000,
          "tax_provision": 825000000,
          "net_income": 1680000000,
          "net_income_to_common": 1680000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8216502000,
          "total_current_assets": 20247379000,
          "total_assets": 70332054000,
          "short_term_debt": 2049128000,
          "long_term_debt": 6021000000,
          "total_debt": 8067565000,
          "total_liabilities": 25114307000,
          "total_equity": 44732953000,
          "shares_outstanding": 1172000000,
          "goodwill_and_intangibles": 31282680000
        },
        "cash_flow": {
          "operating_cash_flow": 1271290287,
          "capital_expenditure": 176452661,
          "free_cash_flow": 1447742948,
          "dividends_paid": 14197068,
          "share_repurchases": null,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 9684000000,
          "cost_of_revenue": 2768000000,
          "gross_profit": 6916000000,
          "ebit": 2188000000,
          "ebitda": 2513000000,
          "pretax_income": 2555000000,
          "tax_provision": 825000000,
          "net_income": 1680000000,
          "net_income_to_common": 1680000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 8216502000,
          "total_current_assets": 20247379000,
          "total_assets": 70332054000,
          "short_term_debt": 2049128000,
          "long_term_debt": 6021000000,
          "total_debt": 8067565000,
          "total_liabilities": 25114307000,
          "total_equity": 44732953000,
          "shares_outstanding": 1172000000,
          "goodwill_and_intangibles": 31282680000
        },
        "cash_flow": {
          "operating_cash_flow": 1271290287,
          "capital_expenditure": 176452661,
          "free_cash_flow": 1447742948,
          "dividends_paid": 14197068,
          "share_repurchases": 0,
          "shares_issued": 0,
          "net_debt_issued": -1180000000
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "ebitda_ev",
      "name": "EBITDA/EV Value",
      "slug": "ebitda-ev",
      "group": "value",
      "page_url": "/factors/ebitda-ev/"
    },
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "quality_compounders",
      "name": "Quality Compounders",
      "slug": "quality-compounders",
      "group": "quality",
      "page_url": "/factors/quality-compounders/"
    },
    {
      "key": "capital_allocators",
      "name": "Capital Allocators",
      "slug": "capital-allocators",
      "group": "quality",
      "page_url": "/factors/capital-allocators/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Risk-Adjusted Momentum",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "coverage": {
    "factor_history_points": 7,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-07-19",
    "latest_financials_period_end": "2025-12-31"
  },
  "schema": {
    "public_fields_only": true
  }
}