Expanded the position a little 😊👍
The earnings from yesterday 😊👍
Results of the fourth quarter
Applied achieved record sales of7.05 billion US dollars. On a GAAP basis, the company reported a gross margin of 47.3 percent, record operating income of $2.05 billion, or 29.0 percent of net sales, and earnings per share (EPS) of €2.09.
On a non-GAAP basis, the company reported a gross margin of 47.5 percent, record operating income of $2.06 billion, or 29.3 percent of net sales, and record earnings per share of $2.32.
The company generated $2.58 billion in cash from operating activities and distributed $1.77 billion to shareholders, including $1.44 billion in share repurchases and $329 million in dividends.
Results for the full year
In financial year 2024, Applied achieved record sales of27.18 billion US dollars. On a GAAP basis, the company reported a gross margin of 47.5 percent, record operating income of $7.87 billion, or 28.9 percent of net sales, and record earnings per share of $8.61.
On a non-GAAP adjusted basis, the company reported gross margin of 47.6 percent, record operating income of $7.92 billion, or 29.2 percent of net sales, and record earnings per share of $8.65.
The company generated $8.68 billion in cash from operating activities and distributed $5.01 billion to shareholders, including $3.82 billion in share repurchases and $1.19 billion in dividends.
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