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 6.2× EBITDA, a high level of leverage.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- The shares trade at 20.7× trailing earnings, higher than 81% of the company's own readings over the past five years.
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.
Growth60Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 46%
- EPS growth (TTM, YoY)Bottom 19%
- FCF growth (TTM, YoY)Top 1%
- Revenue growth, 3-year CAGRTop 43%
- Revenue growth accelerationTop 43%
Quality85Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 15%
- Gross marginTop 45%
- Operating marginTop 14%
- Cash conversion (OCF / net income)Top 33%
- Accruals (lower is better)Top 33%
- Net debt / EBITDA (lower is better)Bottom 16%
- Interest coverTop 21%
Value31Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 35%
- Free-cash-flow yieldTop 4%
- EBITDA / enterprise valueBottom 21%
- Sales / enterprise valueBottom 35%
- P/E vs own 5-year history (lower is better)Bottom 6%
Momentum68Positive
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 23%
- 6-month returnTop 48%
- 1-year return vs S&P 500Top 15%
- Distance from 52-week highTop 30%
- Trend checklist (0–4)Bottom 32%
Revisions22Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 21%
- Consecutive EPS beatsBottom 14%
- Share of analysts rating BuyTop 25%
- Upside to consensus price targetBottom 39%
Stability74Positive
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 44%
- Maximum drawdown, 3 yearsTop 7%
- Beta vs S&P 500 (lower is better)Top 11%
- Net debt / EBITDA (lower is better)Bottom 16%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 8.3% | 7.7% | ↓ |
| EPS growth (YoY) | 30.4% | -15.5% | ↓ |
| Gross margin | 33.2% | 49.0% | ↑ |
| Operating margin | 25.7% | 28.4% | ↑ |
| FCF margin | 10.2% | 39.8% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 7.7% | 8.3% | ↓ | Top 46% |
| EPS growth (TTM, YoY) | -15.5% | 30.4% | ↓ | Bottom 19% |
| Gross margin | 49.0% | 33.2% | ↑ | Top 45% |
| Operating margin | 28.4% | 25.7% | ↑ | Top 14% |
| Net margin | 13.9% | 17.4% | ↓ | — |
| Free-cash-flow margin | 39.8% | 10.2% | ↑ | — |
| Return on invested capital | 5.1% | — | Top 15% | |
| Revenue growth, 3-year CAGR | 4.1% | — | Top 43% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.42×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +0.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.18×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.14%
- Net buyback yield (TTM)
- -1.61%
- Shareholder yield
- 1.53%
- Share count change, 1 year
- +2.6%
- Share count change, 3-year CAGR
- +2.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- -0.2%
- Average 2-day reaction, last 8
- +1.0%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $140.22
- Target vs current price
- +17.3%
- Analysts with a rating
- 36
- Share rating Buy or Strong Buy
- 61%
- 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 | -8.1% | -1.3% | -2.3% | -4.7% | — |
| May 5, 2026 | +4.5% | +1.8% | -2.9% | -5.6% | -5.1% |
| Feb 12, 2026 | +3.5% | +3.4% | +5.0% | +8.2% | +6.5% |
| Oct 29, 2025 | -0.6% | +6.1% | +4.5% | +5.6% | +2.5% |
| Jul 30, 2025 | +12.6% | +3.7% | +3.7% | +3.1% | +7.4% |
| May 6, 2025 | +10.0% | +0.0% | -6.0% | -4.3% | +5.3% |
| Feb 13, 2025 | -0.8% | -1.3% | +2.0% | +1.8% | +2.3% |
| Nov 6, 2024 | +2.8% | -4.1% | -7.4% | -4.1% | -2.5% |
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 | $1.36 | $1.48 | -8.1% | $5.45B |
| May 5, 2026 | $1.64 | $1.57 | +4.5% | $6.02B |
| Feb 12, 2026 | $1.19 | $1.15 | +3.5% | $5.31B |
| Oct 29, 2025 | $1.80 | $1.81 | -0.6% | $6.01B |
| Jul 30, 2025 | $1.43 | $1.27 | +12.6% | $5.09B |
| May 6, 2025 | $1.54 | $1.40 | +10.0% | $5.46B |
| Feb 13, 2025 | $1.24 | $1.25 | -0.8% | $4.70B |
| Nov 6, 2024 | $1.85 | $1.80 | +2.8% | $5.42B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 20.7× | 19.0× | 81th | Bottom 35% |
| P/E (forward) | 18.7× | — | — | — |
| EV / EBITDA | 13.7× | — | — | Bottom 21% |
| EV / Sales | 5.25× | — | — | Bottom 35% |
| Free-cash-flow yield | 13.76% | — | — | Top 4% |
| Earnings yield | 4.83% | — | — | Bottom 35% |
P/E over the past five years
Range 16.0× – 23.6× 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
- +6.0%
- Earnings per share growth (TTM)
- -15.5%
- Change in P/E multiple
- +33.5%
Most of the move came from a change in the valuation multiple.
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)
- -4.4%
- 200-day average slope (20 days)
- +0.1%
- Distance from 50-day average
- -3.5%
- Distance from 200-day average
- -5.9%
- RSI (14)
- 41.9
- Relative volume
- 1.36×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 16.4%
- Volatility vs own 5-year history
- 15th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- -0.06
- Correlation with S&P 500
- -0.05
- Current drawdown from 1-year high
- -13.8%
- Maximum drawdown, 3 years
- -15.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Sep 12, 2022 | Oct 5, 2023 | -32.2% | 268 days | 345 days (Feb 21, 2025) |
| Oct 26, 2020 | Feb 26, 2021 | -20.0% | 84 days | 256 days (Mar 3, 2022) |
| Apr 6, 2022 | Jun 17, 2022 | -15.4% | 50 days | 39 days (Aug 15, 2022) |
| Jun 26, 2026 | Sep 24, 2026 | -15.2% | 62 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $65.09B
- P/E (TTM)
- 20.7
- EPS, diluted (TTM)
- $5.78
- Revenue (TTM)
- $22.52B
- Dividend yield
- 3.18%
- 52-week range
- $111.73 – $140.58
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $16.62B | $19.31B | $19.38B | $19.92B | $21.78B |
| Gross profit | $4.67B | $4.87B | $5.62B | $6.36B | $6.93B |
| Operating income | $3.26B | $3.40B | $4.13B | $4.76B | $5.30B |
| Net income | $2.49B | $2.31B | $2.21B | $2.97B | $3.58B |
| EPS (diluted) | $4.96 | $4.49 | $4.24 | $5.58 | $6.66 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.49B | $4.70B | $5.64B | $5.09B | $6.01B | $5.05B | $6.02B | $5.45B |
| Net income | $959.6M | $664.1M | $800.2M | $1.23B | $972.0M | $582.0M | $874.0M | $713.0M |
| EPS (diluted) | $1.80 | $1.25 | $1.50 | $2.29 | $1.81 | $1.07 | $1.60 | $1.30 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $3.84B | $5.29B | $5.01B | $6.80B | $6.94B |
| Capital expenditure | -$5.76B | -$6.77B | -$7.51B | -$7.77B | -$130.0M |
| Free cash flow | -$1.92B | -$1.48B | -$2.49B | -$966.3M | $6.81B |
| Dividends paid | -$1.52B | -$1.65B | -$1.76B | -$1.90B | -$2.01B |
| Net share buybacks | $600.5M | $826.5M | $999.6M | $552.1M | $775.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $603.0M
- Total assets
- $121.57B
- Total liabilities
- $88.22B
- Total debt
- $53.50B
- Net debt
- $53.12B
- Shareholders’ equity
- $32.14B
As of Jun 30, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 10, 2026 | $0.95 | Sep 10, 2026 |
| May 8, 2026 | $0.95 | Jun 10, 2026 |
| Feb 10, 2026 | $0.95 | Mar 10, 2026 |
| Nov 10, 2025 | $0.95 | Dec 10, 2025 |
| Aug 8, 2025 | $0.93 | Sep 10, 2025 |
| May 9, 2025 | $0.93 | Jun 10, 2025 |
| Feb 10, 2025 | $0.93 | Mar 10, 2025 |
| Nov 8, 2024 | $0.93 | Dec 10, 2024 |
Short interest
- Shares sold short
- 25,607,447
- Days to cover
- 8.39
- Change vs previous report
- +5.2%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Oct 31, 1962
- 2-for-1