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 3.7× 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.
- Revenue over the last four quarters was $4.92B, up 6.5% from a year earlier, slowing from 8.8% a quarter earlier.
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.
Growth43Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 40%
- EPS growth (TTM, YoY)Top 22%
- Revenue growth, 3-year CAGRTop 48%
- Revenue growth accelerationBottom 30%
Quality88Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 21%
- Gross marginTop 24%
- Operating marginTop 4%
- Cash conversion (OCF / net income)Bottom 13%
- Accruals (lower is better)Bottom 20%
- Net debt / EBITDA (lower is better)Top 17%
- Interest coverTop 4%
Value24Very weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 48%
- Free-cash-flow yieldBottom 38%
- EBITDA / enterprise valueBottom 27%
- Sales / enterprise valueBottom 10%
- P/E vs own 5-year history (lower is better)Bottom 47%
Momentum37Weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 47%
- 6-month returnBottom 22%
- 1-year return vs S&P 500Bottom 49%
- Distance from 52-week highBottom 47%
- Trend checklist (0–4)Bottom 32%
Revisions29Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 41%
- Consecutive EPS beatsTop 35%
- Share of analysts rating BuyBottom 35%
- Upside to consensus price targetBottom 29%
Stability99Exceptional
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 19%
- Maximum drawdown, 3 yearsTop 26%
- Beta vs S&P 500 (lower is better)Top 25%
- Net debt / EBITDA (lower is better)Top 17%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 8.8% | 6.5% | ↓ |
| EPS growth (YoY) | 12.6% | 15.1% | ↑ |
| Gross margin | 53.9% | 61.0% | ↑ |
| Operating margin | 33.0% | 37.0% | ↑ |
| FCF margin | -29.7% | -41.1% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 6.5% | 8.8% | ↓ | Bottom 40% |
| EPS growth (TTM, YoY) | 15.1% | 12.6% | ↑ | Top 22% |
| Gross margin | 61.0% | 53.9% | ↑ | Top 24% |
| Operating margin | 37.0% | 33.0% | ↑ | Top 4% |
| Net margin | 28.5% | 25.0% | ↑ | — |
| Free-cash-flow margin | -41.1% | -29.7% | ↓ | — |
| Return on invested capital | 4.8% | — | Top 21% | |
| Revenue growth, 3-year CAGR | 3.8% | — | Top 48% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.44×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.0%
- 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.
- +11.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.65×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 13.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.41%
- Net buyback yield (TTM)
- -4.12%
- Shareholder yield
- -1.71%
- Share count change, 1 year
- +5.1%
- Share count change, 3-year CAGR
- +5.1%
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 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +3.9%
- Average 2-day reaction, last 8
- +0.0%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $182.43
- Target vs current price
- +16.1%
- Analysts with a rating
- 23
- Share rating Buy or Strong Buy
- 39%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +5.9% | -0.3% | -2.0% | -2.9% | — |
| May 6, 2026 | +1.8% | -1.3% | -2.8% | -10.1% | -7.7% |
| Feb 4, 2026 | +0.0% | +1.8% | +3.2% | +10.6% | +12.5% |
| Nov 5, 2025 | +8.1% | -0.8% | +2.7% | -1.6% | -4.3% |
| Aug 6, 2025 | +1.8% | +0.2% | +5.8% | +5.5% | +9.6% |
| May 7, 2025 | +4.8% | +0.4% | -5.1% | -6.1% | -3.8% |
| Feb 4, 2025 | +1.4% | -0.7% | -0.8% | +4.4% | +12.0% |
| Nov 6, 2024 | +7.5% | +0.7% | +6.4% | +4.4% | +3.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $1.43 | $1.35 | +5.9% | $879.1M |
| May 6, 2026 | $3.47 | $3.41 | +1.8% | $1.96B |
| Feb 4, 2026 | $2.44 | $2.44 | +0.0% | $1.34B |
| Nov 5, 2025 | $1.07 | $0.99 | +8.1% | $739.5M |
| Aug 6, 2025 | $1.16 | $1.14 | +1.8% | $838.8M |
| May 7, 2025 | $3.03 | $2.89 | +4.8% | $1.95B |
| Feb 4, 2025 | $2.23 | $2.20 | +1.4% | $1.18B |
| Nov 6, 2024 | $0.86 | $0.80 | +7.5% | $701.5M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 18.7× | 20.5× | 24th | Top 48% |
| P/E (forward) | 18.6× | — | — | — |
| EV / EBITDA | 13.5× | — | — | Bottom 27% |
| EV / Sales | 7.31× | — | — | Bottom 10% |
| Free-cash-flow yield | -7.70% | — | — | Bottom 38% |
| Earnings yield | 5.34% | — | — | Top 48% |
P/E over the past five years
Range 17.8× – 23.4× 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
- -7.2%
- Earnings per share growth (TTM)
- +15.1%
- Change in P/E multiple
- -4.7%
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)
- -3.6%
- 200-day average slope (20 days)
- -0.6%
- Distance from 50-day average
- -5.7%
- Distance from 200-day average
- -9.9%
- RSI (14)
- 31.4
- Relative volume
- 0.81×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 14.0%
- Volatility vs own 5-year history
- 8th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.07
- Correlation with S&P 500
- 0.07
- Current drawdown from 1-year high
- -18.3%
- Maximum drawdown, 3 years
- -18.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 20, 2022 | Oct 14, 2022 | -20.0% | 123 days | 191 days (Jul 21, 2023) |
| Apr 9, 2026 | Sep 23, 2026 | -18.8% | 115 days | Not yet recovered |
| Nov 10, 2020 | Feb 26, 2021 | -17.4% | 73 days | 36 days (Apr 20, 2021) |
| Jul 26, 2023 | Oct 2, 2023 | -17.4% | 47 days | 198 days (Jul 17, 2024) |
| Apr 20, 2021 | Sep 28, 2021 | -17.1% | 112 days | 64 days (Dec 29, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $26.23B
- P/E (TTM)
- 18.7
- EPS, diluted (TTM)
- $8.40
- Revenue (TTM)
- $4.92B
- Dividend yield
- 2.55%
- 52-week range
- $154.72 – $192.51
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.41B | $4.20B | $4.28B | $4.17B | $4.70B |
| Gross profit | $1.70B | $1.81B | $2.06B | $2.41B | $2.46B |
| Operating income | $905.0M | $921.0M | $1.07B | $1.36B | $1.56B |
| Net income | $665.6M | $774.4M | $885.3M | $1.04B | $1.20B |
| EPS (diluted) | $5.12 | $5.61 | $6.10 | $6.83 | $7.46 |
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $657.9M | $1.18B | $1.95B | $838.8M | $737.5M | $1.34B | $1.96B | $879.1M |
| Net income | $134.0M | $351.9M | $485.6M | $186.3M | $175.0M | $403.0M | $581.9M | $242.7M |
| EPS (diluted) | $0.88 | $2.23 | $3.03 | $1.16 | $1.06 | $2.44 | $3.47 | $1.43 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$1.08B | $977.6M | $3.46B | $1.73B | $2.05B |
| Capital expenditure | -$1.97B | -$2.44B | -$2.81B | -$2.94B | -$3.56B |
| Free cash flow | -$3.05B | -$1.47B | $653.8M | -$1.20B | -$1.51B |
| Dividends paid | -$323.9M | -$375.9M | -$430.3M | -$492.9M | -$553.8M |
| Net share buybacks | $606.7M | $776.8M | $806.9M | $750.0M | $15.3M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $525.8M
- Total assets
- $31.59B
- Total liabilities
- $16.33B
- Total debt
- $10.26B
- Net debt
- $9.73B
- Shareholders’ equity
- $15.26B
As of Jun 30, 2026 (filed Aug 5, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 24, 2026 | $1.00 | Sep 8, 2026 |
| May 26, 2026 | $1.00 | Jun 8, 2026 |
| Feb 23, 2026 | $1.00 | Mar 9, 2026 |
| Nov 24, 2025 | $1.00 | Dec 8, 2025 |
| Aug 25, 2025 | $0.87 | Sep 8, 2025 |
| May 27, 2025 | $0.87 | Jun 9, 2025 |
| Feb 25, 2025 | $0.87 | Mar 10, 2025 |
| Nov 25, 2024 | $0.87 | Dec 9, 2024 |
Short interest
- Shares sold short
- 4,312,335
- Days to cover
- 5.10
- Change vs previous report
- -2.5%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- May 17, 1994
- 3-for-2
- Jun 13, 1985
- 2-for-1