Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 5.2× EBITDA, a high level of leverage.
- The shares trade at 17.6× trailing earnings, lower than 86% of the company's own readings over the past five years.
- Earnings beat analyst estimates in each of the last 5 quarters (average surprise over the last four: +4.3%).
PromtFinance scores
Each score is a percentile within the Utilities sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 22%
- EPS growth (TTM, YoY)Top 16%
- Revenue growth, 3-year CAGRTop 50%
- Revenue growth accelerationBottom 7%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 47%
- Gross marginBottom 36%
- Operating marginTop 25%
- Cash conversion (OCF / net income)Bottom 36%
- Accruals (lower is better)Top 48%
- Net debt / EBITDA (lower is better)Top 47%
- Interest coverTop 30%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 44%
- Free-cash-flow yieldBottom 47%
- EBITDA / enterprise valueTop 49%
- Sales / enterprise valueBottom 26%
- P/E vs own 5-year history (lower is better)Top 36%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 34%
- 6-month returnBottom 47%
- 1-year return vs S&P 500Top 39%
- Distance from 52-week highTop 38%
- Trend checklist (0–4)Bottom 32%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 48%
- Consecutive EPS beatsTop 12%
- Share of analysts rating BuyTop 48%
- Upside to consensus price targetBottom 31%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 25%
- Maximum drawdown, 3 yearsTop 14%
- Beta vs S&P 500 (lower is better)Top 48%
- Net debt / EBITDA (lower is better)Top 47%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 12.3% | 3.8% | ↓ |
| EPS growth (YoY) | 23.3% | 24.8% | ↑ |
| Gross margin | 44.9% | 41.1% | ↓ |
| Operating margin | 19.3% | 24.9% | ↑ |
| FCF margin | -19.2% | -16.1% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 3.8% | 12.3% | ↓ | Bottom 22% |
| EPS growth (TTM, YoY) | 24.8% | 23.3% | ↑ | Top 16% |
| Gross margin | 41.1% | 44.9% | ↓ | Bottom 36% |
| Operating margin | 24.9% | 19.3% | ↑ | Top 25% |
| Net margin | 17.9% | 14.6% | ↑ | — |
| Free-cash-flow margin | -16.1% | -19.2% | ↑ | — |
| Return on invested capital | 4.0% | — | Bottom 47% | |
| Revenue growth, 3-year CAGR | 3.4% | — | Top 50% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.08×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +8.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.21×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.89%
- Net buyback yield (TTM)
- -2.06%
- Shareholder yield
- 0.82%
- Share count change, 1 year
- +2.6%
- Share count change, 3-year CAGR
- +1.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 3, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 5
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +4.3%
- Average 2-day reaction, last 8
- -0.1%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $116.33
- Target vs current price
- +16.4%
- Analysts with a rating
- 25
- Share rating Buy or Strong Buy
- 48%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +4.6% | -1.1% | -0.9% | -2.0% | — |
| May 5, 2026 | +8.5% | -0.7% | -2.1% | -5.0% | -3.2% |
| Feb 11, 2026 | +1.2% | +0.2% | +2.4% | +3.4% | +2.8% |
| Nov 5, 2025 | +2.8% | -0.6% | +3.2% | -0.4% | +0.5% |
| Jul 31, 2025 | +2.3% | +1.3% | +1.8% | +1.1% | +4.5% |
| May 1, 2025 | +0.0% | -1.2% | +0.3% | -3.1% | -0.9% |
| Feb 13, 2025 | -3.1% | +1.0% | -0.1% | +0.7% | +0.1% |
| Nov 6, 2024 | -2.1% | +0.1% | +5.0% | +5.4% | +8.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $1.13 | $1.08 | +4.6% | $2.09B |
| May 5, 2026 | $1.28 | $1.18 | +8.5% | $2.18B |
| Feb 11, 2026 | $0.78 | $0.77 | +1.2% | $1.78B |
| Nov 5, 2025 | $2.17 | $2.11 | +2.8% | $2.70B |
| Jul 31, 2025 | $1.01 | $0.99 | +2.3% | $2.22B |
| May 1, 2025 | $1.07 | $1.07 | +0.0% | $2.10B |
| Feb 13, 2025 | $0.77 | $0.80 | -3.1% | $1.94B |
| Nov 6, 2024 | $1.87 | $1.91 | -2.1% | $2.17B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 17.6× | 20.4× | 14th | Top 44% |
| P/E (forward) | 18.5× | — | — | — |
| EV / EBITDA | 11.8× | — | — | Top 49% |
| EV / Sales | 5.65× | — | — | Bottom 26% |
| Free-cash-flow yield | -5.09% | — | — | Bottom 47% |
| Earnings yield | 5.68% | — | — | Top 44% |
P/E over the past five years
Range 16.3× – 23.9× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -3.4%
- Earnings per share growth (TTM)
- +24.8%
- Change in P/E multiple
- -15.0%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -3.9%
- 200-day average slope (20 days)
- +0.0%
- Distance from 50-day average
- -5.8%
- Distance from 200-day average
- -7.3%
- RSI (14)
- 32.0
- Relative volume
- 1.27×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 14.5%
- Volatility vs own 5-year history
- 8th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.18
- Correlation with S&P 500
- 0.15
- Current drawdown from 1-year high
- -15.5%
- Maximum drawdown, 3 years
- -16.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 20, 2022 | Feb 8, 2024 | -31.1% | 453 days | 259 days (Feb 21, 2025) |
| Nov 16, 2020 | Feb 26, 2021 | -16.7% | 69 days | 36 days (Apr 20, 2021) |
| Jun 26, 2026 | Sep 24, 2026 | -16.2% | 62 days | Not yet recovered |
| Aug 17, 2021 | Oct 1, 2021 | -10.4% | 32 days | 121 days (Mar 25, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $27.66B
- P/E (TTM)
- 17.6
- EPS, diluted (TTM)
- $5.68
- Revenue (TTM)
- $8.75B
- Dividend yield
- 2.96%
- 52-week range
- $96.57 – $118.32
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $6.39B | $7.96B | $7.50B | $7.62B | $8.80B |
| Gross profit | $2.99B | $3.34B | $3.47B | $3.65B | $2.60B |
| Operating income | $1.33B | $1.51B | $1.56B | $1.52B | $2.03B |
| Net income | $990.0M | $1.07B | $1.15B | $1.18B | $1.46B |
| EPS (diluted) | $3.84 | $4.14 | $4.38 | $4.42 | $5.35 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.17B | $1.94B | $2.10B | $2.22B | $2.70B | $1.78B | $2.18B | $2.09B |
| Net income | $456.0M | $207.0M | $289.0M | $275.0M | $640.0M | $252.0M | $357.0M | $314.0M |
| EPS (diluted) | $1.70 | $0.77 | $1.07 | $1.01 | $2.35 | $0.92 | $1.28 | $1.13 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.66B | $2.26B | $2.56B | $2.76B | $3.35B |
| Capital expenditure | -$3.52B | -$3.38B | -$3.77B | -$4.41B | -$4.17B |
| Free cash flow | -$1.86B | -$1.12B | -$1.21B | -$1.65B | -$821.0M |
| Dividends paid | -$565.0M | -$610.0M | -$662.0M | -$714.0M | -$768.0M |
| Net share buybacks | $295.0M | $333.0M | $346.0M | $273.0M | $574.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $12.0M
- Total assets
- $51.22B
- Total liabilities
- $37.40B
- Total debt
- $21.81B
- Net debt
- $21.80B
- Shareholders’ equity
- $13.69B
As of Jun 30, 2026 (filed Aug 3, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 8, 2026 | $0.75 | Sep 30, 2026 |
| Jun 9, 2026 | $0.75 | Jun 30, 2026 |
| Mar 10, 2026 | $0.75 | Mar 31, 2026 |
| Dec 9, 2025 | $0.71 | Dec 31, 2025 |
| Sep 9, 2025 | $0.71 | Sep 30, 2025 |
| Jun 10, 2025 | $0.71 | Jun 30, 2025 |
| Mar 11, 2025 | $0.71 | Mar 31, 2025 |
| Dec 11, 2024 | $0.67 | Dec 31, 2024 |
Short interest
- Shares sold short
- 12,135,965
- Days to cover
- 8.09
- Change vs previous report
- -2.4%
FINRA short interest, settlement date Sep 15, 2026.