Morgan Stanley
BMV:MS
Income Statement
Earnings Waterfall
Morgan Stanley
Income Statement
Morgan Stanley
| Feb-2002 | May-2002 | Aug-2002 | Nov-2002 | Feb-2003 | May-2003 | Aug-2003 | Nov-2003 | Feb-2004 | May-2004 | Aug-2004 | Nov-2004 | Feb-2005 | May-2005 | Aug-2005 | Nov-2005 | Feb-2006 | May-2006 | Aug-2006 | Nov-2006 | Feb-2007 | May-2007 | Aug-2007 | Nov-2007 | Feb-2008 | May-2008 | Aug-2008 | Nov-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
17 493
|
13 931
|
12 250
|
12 710
|
11 878
|
11 934
|
12 113
|
12 693
|
12 984
|
12 956
|
13 739
|
14 707
|
16 360
|
19 049
|
20 885
|
23 552
|
29 031
|
33 214
|
38 777
|
40 897
|
44 864
|
50 791
|
52 514
|
57 124
|
56 788
|
51 130
|
46 508
|
0
|
20 972
|
12 796
|
5 512
|
6 687
|
5 758
|
5 527
|
5 909
|
6 407
|
6 899
|
7 322
|
7 179
|
0
|
6 650
|
6 104
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
39 739
N/A
|
35 290
-11%
|
33 117
-6%
|
33 173
+0%
|
32 523
-2%
|
32 623
+0%
|
33 390
+2%
|
34 776
+4%
|
35 801
+3%
|
37 262
+4%
|
38 124
+2%
|
39 341
+3%
|
41 464
+5%
|
43 548
+5%
|
46 917
+8%
|
47 077
+0%
|
57 127
+21%
|
62 583
+10%
|
68 039
+9%
|
70 696
+4%
|
77 258
+9%
|
86 176
+12%
|
88 774
+3%
|
83 584
-6%
|
81 602
-2%
|
71 969
-12%
|
67 465
-6%
|
58 317
-14%
|
42 339
-27%
|
32 865
-22%
|
25 994
-21%
|
29 967
+15%
|
35 215
+18%
|
37 716
+7%
|
36 237
-4%
|
37 637
+4%
|
36 788
-2%
|
38 455
+5%
|
41 483
+8%
|
39 110
-6%
|
38 236
-2%
|
35 425
-7%
|
30 854
-13%
|
32 075
+4%
|
31 442
-2%
|
33 967
+8%
|
36 260
+7%
|
36 924
+2%
|
38 987
+6%
|
37 628
-3%
|
38 255
+2%
|
37 953
-1%
|
38 717
+2%
|
39 557
+2%
|
38 279
-3%
|
37 897
-1%
|
35 742
-6%
|
34 974
-2%
|
36 158
+3%
|
37 949
+5%
|
40 248
+6%
|
41 443
+3%
|
42 557
+3%
|
43 642
+3%
|
45 665
+5%
|
47 805
+5%
|
49 614
+4%
|
50 193
+1%
|
50 793
+1%
|
51 516
+1%
|
52 117
+1%
|
53 823
+3%
|
52 187
-3%
|
52 884
+1%
|
52 011
-2%
|
52 606
+1%
|
56 808
+8%
|
57 496
+1%
|
60 246
+5%
|
61 121
+1%
|
60 228
-1%
|
59 584
-1%
|
61 120
+3%
|
65 936
+8%
|
73 742
+12%
|
82 775
+12%
|
90 799
+10%
|
96 194
+6%
|
99 423
+3%
|
102 409
+3%
|
105 180
+3%
|
107 285
+2%
|
110 149
+3%
|
113 018
+3%
|
116 835
+3%
|
119 662
+2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(1 896)
|
(2 004)
|
(2 090)
|
(2 115)
|
(2 114)
|
(2 109)
|
(2 092)
|
(2 104)
|
(2 064)
|
(1 990)
|
(1 939)
|
(1 858)
|
(1 767)
|
(1 815)
|
(1 835)
|
(1 069)
|
(1 845)
|
(1 700)
|
(1 548)
|
(1 305)
|
(1 374)
|
(1 400)
|
(1 520)
|
0
|
(1 269)
|
(1 351)
|
(1 270)
|
0
|
(1 074)
|
(893)
|
(800)
|
(1 190)
|
(1 290)
|
(1 394)
|
(1 441)
|
(1 416)
|
(1 484)
|
(1 523)
|
(1 634)
|
(8 516)
|
(1 635)
|
(1 630)
|
(3 080)
|
(7 432)
|
(4 300)
|
(5 371)
|
(5 045)
|
(6 142)
|
(5 986)
|
(5 951)
|
(5 648)
|
(5 484)
|
(5 357)
|
(5 091)
|
(5 001)
|
(4 634)
|
(4 596)
|
(4 659)
|
(4 707)
|
(5 238)
|
(5 628)
|
(6 270)
|
(7 127)
|
(7 790)
|
(8 599)
|
(9 716)
|
(10 887)
|
(12 479)
|
(13 836)
|
(14 946)
|
(15 465)
|
(14 897)
|
(13 915)
|
(11 282)
|
(8 780)
|
(6 778)
|
(5 210)
|
(4 878)
|
(4 724)
|
(4 707)
|
(4 704)
|
(5 770)
|
(9 095)
|
(15 726)
|
(23 815)
|
(32 520)
|
(40 265)
|
(45 527)
|
(48 177)
|
(49 721)
|
(50 571)
|
(49 664)
|
(50 226)
|
(51 515)
|
(52 588)
|
(53 696)
|
|
| Gross Profit |
37 843
N/A
|
33 286
-12%
|
31 027
-7%
|
31 058
+0%
|
30 409
-2%
|
30 514
+0%
|
31 298
+3%
|
32 672
+4%
|
33 737
+3%
|
35 272
+5%
|
36 185
+3%
|
37 483
+4%
|
39 697
+6%
|
41 733
+5%
|
45 082
+8%
|
46 008
+2%
|
55 282
+20%
|
60 883
+10%
|
66 491
+9%
|
69 391
+4%
|
75 884
+9%
|
84 776
+12%
|
87 254
+3%
|
0
N/A
|
67 301
N/A
|
57 586
-14%
|
53 163
-8%
|
0
N/A
|
37 381
N/A
|
28 088
-25%
|
21 310
-24%
|
28 777
+35%
|
33 925
+18%
|
36 322
+7%
|
34 796
-4%
|
36 221
+4%
|
35 304
-3%
|
36 932
+5%
|
39 849
+8%
|
30 594
-23%
|
36 601
+20%
|
33 795
-8%
|
27 774
-18%
|
24 643
-11%
|
27 142
+10%
|
28 596
+5%
|
31 215
+9%
|
30 782
-1%
|
33 001
+7%
|
31 677
-4%
|
32 607
+3%
|
32 469
0%
|
33 360
+3%
|
34 466
+3%
|
33 278
-3%
|
33 263
0%
|
31 146
-6%
|
30 315
-3%
|
31 451
+4%
|
32 711
+4%
|
34 620
+6%
|
35 173
+2%
|
35 430
+1%
|
35 852
+1%
|
37 066
+3%
|
38 089
+3%
|
38 727
+2%
|
37 714
-3%
|
36 957
-2%
|
36 570
-1%
|
36 652
+0%
|
38 926
+6%
|
38 272
-2%
|
41 602
+9%
|
43 231
+4%
|
45 828
+6%
|
51 598
+13%
|
52 618
+2%
|
55 522
+6%
|
56 414
+2%
|
55 524
-2%
|
53 814
-3%
|
52 025
-3%
|
50 210
-3%
|
49 927
-1%
|
50 255
+1%
|
50 534
+1%
|
50 667
+0%
|
51 246
+1%
|
52 688
+3%
|
54 609
+4%
|
57 621
+6%
|
59 923
+4%
|
61 503
+3%
|
64 247
+4%
|
65 966
+3%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(14 969)
|
(14 199)
|
(13 824)
|
(13 375)
|
(13 312)
|
(13 493)
|
(13 539)
|
(13 819)
|
(14 646)
|
(15 382)
|
(15 767)
|
(15 958)
|
(16 588)
|
(16 483)
|
(17 527)
|
(16 391)
|
(19 075)
|
(19 586)
|
(19 129)
|
(19 430)
|
(20 397)
|
(22 159)
|
(22 912)
|
(23 434)
|
(21 735)
|
(19 717)
|
(20 206)
|
(20 664)
|
(17 009)
|
(17 899)
|
(18 859)
|
(20 960)
|
(23 883)
|
(24 266)
|
(23 038)
|
(23 616)
|
(23 788)
|
(24 726)
|
(24 924)
|
(24 484)
|
(24 551)
|
(23 324)
|
(28 574)
|
(24 047)
|
(26 629)
|
(25 820)
|
(25 591)
|
(26 224)
|
(26 268)
|
(26 212)
|
(26 287)
|
(28 878)
|
(29 284)
|
(29 595)
|
(29 153)
|
(24 768)
|
(23 768)
|
(23 181)
|
(23 410)
|
(23 863)
|
(24 702)
|
(25 096)
|
(25 252)
|
(25 449)
|
(26 051)
|
(26 607)
|
(26 876)
|
(26 477)
|
(26 185)
|
(26 004)
|
(26 227)
|
(27 625)
|
(27 780)
|
(29 658)
|
(30 510)
|
(31 410)
|
(33 982)
|
(34 791)
|
(36 308)
|
(36 746)
|
(36 612)
|
(36 149)
|
(35 846)
|
(36 121)
|
(36 666)
|
(37 193)
|
(37 715)
|
(37 966)
|
(38 798)
|
(38 978)
|
(39 823)
|
(40 025)
|
(41 178)
|
(42 210)
|
(43 147)
|
(44 012)
|
|
| Selling, General & Administrative |
(13 668)
|
(12 961)
|
(12 595)
|
(12 339)
|
(12 239)
|
(12 081)
|
(12 193)
|
(12 691)
|
(13 170)
|
(14 084)
|
(14 379)
|
(14 673)
|
(15 033)
|
(14 926)
|
(15 892)
|
(14 960)
|
(17 636)
|
(18 376)
|
(18 040)
|
(18 519)
|
(19 432)
|
(21 021)
|
(21 697)
|
(15 981)
|
(18 982)
|
(16 994)
|
(17 051)
|
(11 759)
|
(13 254)
|
(13 960)
|
(15 198)
|
(19 311)
|
(22 030)
|
(22 396)
|
(21 134)
|
(21 434)
|
(21 462)
|
(22 189)
|
(22 326)
|
(22 064)
|
(22 249)
|
(21 298)
|
(21 675)
|
(21 593)
|
(21 371)
|
(21 816)
|
(21 738)
|
(22 076)
|
(22 154)
|
(22 246)
|
(22 545)
|
(23 667)
|
(23 893)
|
(24 199)
|
(23 516)
|
(22 144)
|
(21 329)
|
(20 832)
|
(21 384)
|
(21 688)
|
(22 470)
|
(22 730)
|
(22 839)
|
(23 064)
|
(23 558)
|
(24 046)
|
(24 322)
|
(23 995)
|
(23 802)
|
(23 701)
|
(23 830)
|
(25 256)
|
(24 863)
|
(26 329)
|
(26 999)
|
(27 517)
|
(30 431)
|
(31 338)
|
(32 658)
|
(33 048)
|
(32 752)
|
(32 072)
|
(31 944)
|
(32 250)
|
(32 562)
|
(33 102)
|
(33 503)
|
(33 831)
|
(34 078)
|
(34 657)
|
(35 552)
|
(36 037)
|
(37 000)
|
(37 813)
|
(38 629)
|
(39 518)
|
|
| Other Operating Expenses |
(1 301)
|
(1 238)
|
(1 229)
|
(1 036)
|
(1 073)
|
(1 412)
|
(1 346)
|
(1 128)
|
(1 476)
|
(1 298)
|
(1 388)
|
(1 285)
|
(1 555)
|
(1 557)
|
(1 635)
|
(1 431)
|
(1 439)
|
(1 210)
|
(1 089)
|
(911)
|
(965)
|
(1 138)
|
(1 215)
|
(7 453)
|
(2 753)
|
(2 723)
|
(3 155)
|
(8 905)
|
(3 755)
|
(3 939)
|
(3 661)
|
(1 649)
|
(1 853)
|
(1 870)
|
(1 904)
|
(2 182)
|
(2 326)
|
(2 537)
|
(2 598)
|
(2 420)
|
(2 302)
|
(2 026)
|
(6 899)
|
(2 454)
|
(5 258)
|
(4 004)
|
(3 853)
|
(4 148)
|
(4 114)
|
(3 966)
|
(3 742)
|
(5 211)
|
(5 391)
|
(5 396)
|
(5 637)
|
(2 624)
|
(2 439)
|
(2 349)
|
(2 026)
|
(2 175)
|
(2 232)
|
(2 366)
|
(2 413)
|
(2 385)
|
(2 493)
|
(2 561)
|
(2 554)
|
(2 482)
|
(2 383)
|
(2 303)
|
(2 397)
|
(2 369)
|
(2 917)
|
(3 329)
|
(3 511)
|
(3 893)
|
(3 551)
|
(3 453)
|
(3 650)
|
(3 698)
|
(3 860)
|
(4 077)
|
(3 902)
|
(3 871)
|
(4 104)
|
(4 091)
|
(4 212)
|
(4 135)
|
(4 720)
|
(4 321)
|
(4 271)
|
(3 988)
|
(4 178)
|
(4 397)
|
(4 518)
|
(4 494)
|
|
| Operating Income |
22 874
N/A
|
19 087
-17%
|
17 203
-10%
|
17 683
+3%
|
17 097
-3%
|
17 021
0%
|
17 759
+4%
|
18 853
+6%
|
19 091
+1%
|
19 890
+4%
|
20 418
+3%
|
21 525
+5%
|
23 109
+7%
|
25 250
+9%
|
27 555
+9%
|
29 617
+7%
|
36 207
+22%
|
41 297
+14%
|
47 362
+15%
|
49 961
+5%
|
55 487
+11%
|
62 617
+13%
|
64 342
+3%
|
60 150
-7%
|
58 598
-3%
|
50 901
-13%
|
45 989
-10%
|
37 653
-18%
|
24 256
-36%
|
14 073
-42%
|
6 335
-55%
|
7 817
+23%
|
10 042
+28%
|
12 056
+20%
|
11 758
-2%
|
12 605
+7%
|
11 516
-9%
|
12 206
+6%
|
14 925
+22%
|
6 110
-59%
|
12 050
+97%
|
10 471
-13%
|
(800)
N/A
|
596
N/A
|
513
-14%
|
2 776
+441%
|
5 624
+103%
|
4 558
-19%
|
6 733
+48%
|
5 465
-19%
|
6 320
+16%
|
3 591
-43%
|
4 076
+14%
|
4 871
+20%
|
4 125
-15%
|
8 495
+106%
|
7 378
-13%
|
7 134
-3%
|
8 041
+13%
|
8 848
+10%
|
9 918
+12%
|
10 077
+2%
|
10 178
+1%
|
10 403
+2%
|
11 015
+6%
|
11 482
+4%
|
11 851
+3%
|
11 237
-5%
|
10 772
-4%
|
10 566
-2%
|
10 425
-1%
|
11 301
+8%
|
10 492
-7%
|
11 944
+14%
|
12 721
+7%
|
14 418
+13%
|
17 616
+22%
|
17 827
+1%
|
19 214
+8%
|
19 668
+2%
|
18 912
-4%
|
17 665
-7%
|
16 179
-8%
|
14 089
-13%
|
13 261
-6%
|
13 062
-2%
|
12 819
-2%
|
12 701
-1%
|
12 448
-2%
|
13 710
+10%
|
14 786
+8%
|
17 596
+19%
|
18 745
+7%
|
19 293
+3%
|
21 100
+9%
|
21 954
+4%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(17 493)
|
(13 931)
|
(12 250)
|
(12 787)
|
(11 912)
|
(12 004)
|
(12 288)
|
(12 972)
|
(13 322)
|
(13 339)
|
(14 094)
|
(15 035)
|
(16 668)
|
(19 343)
|
(21 207)
|
(23 863)
|
(29 288)
|
(33 380)
|
(38 818)
|
(40 897)
|
(44 864)
|
(50 791)
|
(52 514)
|
(57 124)
|
(56 786)
|
(51 130)
|
(46 508)
|
(36 226)
|
(25 673)
|
(17 497)
|
(10 213)
|
(6 687)
|
(5 758)
|
(5 527)
|
(5 909)
|
(6 407)
|
(6 899)
|
(7 322)
|
(7 179)
|
0
|
(6 650)
|
(6 104)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
(235)
|
(235)
|
(235)
|
(235)
|
0
|
0
|
0
|
0
|
0
|
251
|
251
|
251
|
251
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(308)
|
(308)
|
(888)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
(45)
|
(65)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
5 381
N/A
|
5 156
-4%
|
4 953
-4%
|
4 661
-6%
|
4 950
+6%
|
4 782
-3%
|
5 236
+9%
|
5 881
+12%
|
5 769
-2%
|
6 551
+14%
|
6 324
-3%
|
6 490
+3%
|
6 692
+3%
|
6 158
-8%
|
6 599
+7%
|
6 005
-9%
|
6 919
+15%
|
7 917
+14%
|
8 544
+8%
|
9 064
+6%
|
10 602
+17%
|
11 781
+11%
|
11 763
0%
|
3 026
-74%
|
1 812
-40%
|
(227)
N/A
|
(517)
-128%
|
1 427
N/A
|
(1 419)
N/A
|
(3 426)
-141%
|
(3 880)
-13%
|
1 130
N/A
|
4 284
+279%
|
6 529
+52%
|
5 849
-10%
|
6 198
+6%
|
4 617
-26%
|
4 884
+6%
|
7 746
+59%
|
6 110
-21%
|
5 400
-12%
|
4 367
-19%
|
(800)
N/A
|
596
N/A
|
513
-14%
|
2 776
+441%
|
5 624
+103%
|
4 558
-19%
|
6 733
+48%
|
5 465
-19%
|
6 320
+16%
|
3 591
-43%
|
4 076
+14%
|
4 871
+20%
|
4 125
-15%
|
8 495
+106%
|
7 378
-13%
|
7 134
-3%
|
8 041
+13%
|
8 848
+10%
|
9 918
+12%
|
10 077
+2%
|
10 178
+1%
|
10 403
+2%
|
11 015
+6%
|
11 482
+4%
|
11 851
+3%
|
11 237
-5%
|
10 772
-4%
|
10 566
-2%
|
10 425
-1%
|
11 301
+8%
|
10 492
-7%
|
11 944
+14%
|
12 721
+7%
|
14 418
+13%
|
17 616
+22%
|
17 827
+1%
|
19 214
+8%
|
19 668
+2%
|
18 912
-4%
|
17 665
-7%
|
16 179
-8%
|
14 089
-13%
|
13 261
-6%
|
12 754
-4%
|
12 511
-2%
|
11 813
-6%
|
12 448
+5%
|
13 710
+10%
|
14 786
+8%
|
17 596
+19%
|
18 745
+7%
|
19 293
+3%
|
21 100
+9%
|
21 954
+4%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1 933)
|
(1 826)
|
(1 740)
|
(1 575)
|
(1 693)
|
(1 573)
|
(1 578)
|
(1 707)
|
(1 588)
|
(1 834)
|
(1 831)
|
(1 856)
|
(1 978)
|
(1 820)
|
(1 952)
|
(1 473)
|
(1 788)
|
(2 240)
|
(2 445)
|
(2 729)
|
(3 241)
|
(3 534)
|
(3 630)
|
(719)
|
(268)
|
434
|
675
|
(132)
|
1 128
|
1 877
|
1 884
|
297
|
(737)
|
(1 287)
|
(751)
|
(743)
|
(74)
|
(372)
|
(1 798)
|
(1 414)
|
(1 708)
|
(1 394)
|
545
|
161
|
(42)
|
(410)
|
(1 298)
|
(902)
|
(1 354)
|
(777)
|
(877)
|
90
|
488
|
(391)
|
(351)
|
(2 200)
|
(2 391)
|
(2 330)
|
(2 656)
|
(2 726)
|
(2 963)
|
(2 976)
|
(2 924)
|
(2 968)
|
(2 867)
|
(2 661)
|
(2 660)
|
(2 350)
|
(2 123)
|
(2 140)
|
(1 936)
|
(2 064)
|
(1 943)
|
(2 405)
|
(2 649)
|
(3 239)
|
(4 049)
|
(3 984)
|
(4 398)
|
(4 548)
|
(4 245)
|
(3 974)
|
(3 550)
|
(2 910)
|
(2 764)
|
(2 572)
|
(2 556)
|
(2 583)
|
(2 789)
|
(3 155)
|
(3 440)
|
(4 067)
|
(4 307)
|
(4 397)
|
(4 775)
|
(4 929)
|
|
| Income from Continuing Operations |
3 448
|
3 330
|
3 213
|
3 086
|
3 257
|
3 209
|
3 658
|
4 174
|
4 181
|
4 717
|
4 493
|
4 634
|
4 714
|
4 338
|
4 647
|
4 532
|
5 131
|
5 677
|
6 099
|
6 335
|
7 361
|
8 247
|
8 133
|
2 307
|
1 544
|
207
|
158
|
1 295
|
(291)
|
(1 549)
|
(1 996)
|
1 427
|
3 547
|
5 242
|
5 098
|
5 455
|
4 543
|
4 512
|
5 948
|
4 696
|
3 692
|
2 973
|
(255)
|
757
|
471
|
2 366
|
4 326
|
3 656
|
5 379
|
4 688
|
5 443
|
3 681
|
4 564
|
4 480
|
3 774
|
6 295
|
4 987
|
4 804
|
5 385
|
6 122
|
6 955
|
7 101
|
7 254
|
7 435
|
8 148
|
8 821
|
9 191
|
8 887
|
8 649
|
8 426
|
8 489
|
9 237
|
8 549
|
9 539
|
10 072
|
11 179
|
13 567
|
13 843
|
14 816
|
15 120
|
14 667
|
13 691
|
12 629
|
11 179
|
10 497
|
10 182
|
9 955
|
9 230
|
9 659
|
10 555
|
11 346
|
13 529
|
14 438
|
14 896
|
16 325
|
17 025
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(71)
|
(58)
|
58
|
22
|
(60)
|
(308)
|
(448)
|
(922)
|
(999)
|
(925)
|
(1 114)
|
(699)
|
(535)
|
(602)
|
(548)
|
(520)
|
(648)
|
(689)
|
(741)
|
(786)
|
(681)
|
(491)
|
(298)
|
(245)
|
(200)
|
(190)
|
(196)
|
(168)
|
(152)
|
(106)
|
(146)
|
(158)
|
(144)
|
(162)
|
(132)
|
(99)
|
(105)
|
(100)
|
(96)
|
(128)
|
(135)
|
(138)
|
(153)
|
(156)
|
(195)
|
(238)
|
(233)
|
(222)
|
(183)
|
(149)
|
(110)
|
(93)
|
(86)
|
(87)
|
(127)
|
(140)
|
(150)
|
(154)
|
(152)
|
(149)
|
(143)
|
(140)
|
(142)
|
(153)
|
(139)
|
(145)
|
(140)
|
(147)
|
(164)
|
|
| Net Income (Common) |
3 330
N/A
|
3 206
-4%
|
3 121
-3%
|
2 988
-4%
|
3 170
+6%
|
3 081
-3%
|
3 505
+14%
|
3 787
+8%
|
3 983
+5%
|
4 498
+13%
|
4 300
-4%
|
4 486
+4%
|
4 662
+4%
|
4 367
-6%
|
3 674
-16%
|
4 939
+34%
|
5 111
+3%
|
6 024
+18%
|
7 731
+28%
|
7 453
-4%
|
8 534
+15%
|
9 258
+8%
|
8 933
-4%
|
3 209
-64%
|
2 088
-35%
|
535
-74%
|
423
-21%
|
1 707
+304%
|
(405)
N/A
|
(2 638)
-551%
|
(3 536)
-34%
|
(907)
+74%
|
1 100
N/A
|
3 974
+261%
|
3 388
-15%
|
3 594
+6%
|
2 919
-19%
|
708
-76%
|
2 942
+316%
|
2 067
-30%
|
1 212
-41%
|
2 337
+93%
|
(874)
N/A
|
(30)
+97%
|
(363)
-1 110%
|
1 261
N/A
|
3 188
+153%
|
2 655
-17%
|
4 556
+72%
|
4 185
-8%
|
4 934
+18%
|
3 152
-36%
|
4 017
+27%
|
3 862
-4%
|
3 172
-18%
|
5 671
+79%
|
4 412
-22%
|
4 172
-5%
|
4 751
+14%
|
5 508
+16%
|
6 292
+14%
|
6 454
+3%
|
6 624
+3%
|
5 588
-16%
|
6 323
+13%
|
7 003
+11%
|
7 334
+5%
|
8 222
+12%
|
7 983
-3%
|
7 747
-3%
|
7 788
+1%
|
8 512
+9%
|
7 766
-9%
|
8 782
+13%
|
9 319
+6%
|
10 500
+13%
|
12 892
+23%
|
13 253
+3%
|
14 240
+7%
|
14 566
+2%
|
14 126
-3%
|
13 109
-7%
|
12 019
-8%
|
10 540
-12%
|
9 834
-7%
|
9 492
-3%
|
9 260
-2%
|
8 530
-8%
|
8 960
+5%
|
9 853
+10%
|
10 619
+8%
|
12 800
+21%
|
13 691
+7%
|
14 141
+3%
|
15 563
+10%
|
16 249
+4%
|
|
| EPS (Diluted) |
3.01
N/A
|
2.87
-5%
|
2.81
-2%
|
2.7
-4%
|
2.88
+7%
|
2.79
-3%
|
3.18
+14%
|
3.44
+8%
|
3.6
+5%
|
3.99
+11%
|
3.88
-3%
|
4.05
+4%
|
4.28
+6%
|
4.04
-6%
|
3.42
-15%
|
4.57
+34%
|
4.81
+5%
|
5.71
+19%
|
7.32
+28%
|
7.06
-4%
|
8.06
+14%
|
8.85
+10%
|
8.44
-5%
|
3.13
-63%
|
1.97
-37%
|
0.51
-74%
|
0.39
-24%
|
1.59
+308%
|
-0.4
N/A
|
-2.62
-555%
|
-2.9
-11%
|
-0.75
+74%
|
0.67
N/A
|
1.91
+185%
|
7.85
+311%
|
2.54
-68%
|
1.99
-22%
|
0.48
-76%
|
1.86
+288%
|
1.23
-34%
|
0.64
-48%
|
1.21
+89%
|
-0.47
N/A
|
-0.01
+98%
|
-0.19
-1 800%
|
0.61
N/A
|
1.62
+166%
|
1.35
-17%
|
2.31
+71%
|
2.12
-8%
|
2.51
+18%
|
1.61
-36%
|
2.04
+27%
|
1.97
-3%
|
1.62
-18%
|
2.91
+80%
|
2.3
-21%
|
2.19
-5%
|
2.52
+15%
|
2.92
+16%
|
3.41
+17%
|
3.52
+3%
|
3.64
+3%
|
3.06
-16%
|
3.57
+17%
|
4
+12%
|
4.24
+6%
|
4.73
+12%
|
4.76
+1%
|
4.68
-2%
|
4.78
+2%
|
5.19
+9%
|
4.93
-5%
|
5.64
+14%
|
5.95
+5%
|
6.47
+9%
|
7.09
+10%
|
7.19
+1%
|
7.85
+9%
|
8.03
+2%
|
8.04
+0%
|
7.6
-5%
|
7.08
-7%
|
6.15
-13%
|
5.91
-4%
|
5.74
-3%
|
5.63
-2%
|
5.18
-8%
|
5.54
+7%
|
6.11
+10%
|
6.58
+8%
|
7.95
+21%
|
8.55
+8%
|
8.87
+4%
|
9.78
+10%
|
10.21
+4%
|
|