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 5.7× 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 $2.30B, up 2.5% from a year 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.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 19%
- EPS growth (TTM, YoY)Bottom 41%
- Revenue growth, 3-year CAGRBottom 10%
- Revenue growth accelerationTop 50%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 23%
- Gross marginBottom 40%
- Operating marginTop 39%
- Cash conversion (OCF / net income)Bottom 44%
- Accruals (lower is better)Bottom 42%
- Net debt / EBITDA (lower is better)Bottom 31%
- Interest coverTop 31%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 46%
- Free-cash-flow yieldBottom 46%
- EBITDA / enterprise valueBottom 39%
- Sales / enterprise valueTop 47%
- P/E vs own 5-year history (lower is better)Bottom 13%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 5%
- 6-month returnTop 12%
- 1-year return vs S&P 500Top 3%
- Distance from 52-week highTop 9%
- Trend checklist (0–4)Bottom 32%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 29%
- Consecutive EPS beatsBottom 39%
- Share of analysts rating BuyTop 33%
- Upside to consensus price targetBottom 46%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 40%
- Maximum drawdown, 3 yearsTop 2%
- Beta vs S&P 500 (lower is better)Bottom 24%
- Net debt / EBITDA (lower is better)Bottom 31%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 3.6% | 2.5% | ↓ |
| EPS growth (YoY) | -2.0% | -0.3% | ↑ |
| Gross margin | 38.8% | 42.9% | ↑ |
| Operating margin | 23.5% | 23.8% | ↑ |
| FCF margin | -4.5% | -13.3% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 2.5% | 3.6% | ↓ | Bottom 19% |
| EPS growth (TTM, YoY) | -0.3% | -2.0% | ↑ | Bottom 41% |
| Gross margin | 42.9% | 38.8% | ↑ | Bottom 40% |
| Operating margin | 23.8% | 23.5% | ↑ | Top 39% |
| Net margin | 13.0% | 12.7% | ↑ | — |
| Free-cash-flow margin | -13.3% | -4.5% | ↓ | — |
| Return on invested capital | 4.7% | — | Top 23% | |
| Revenue growth, 3-year CAGR | -3.3% | — | Bottom 10% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.10×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +6.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.72×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.83%
- Net buyback yield (TTM)
- -3.78%
- Shareholder yield
- 0.05%
- Share count change, 1 year
- +5.1%
- Share count change, 3-year CAGR
- +4.5%
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 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- +7.8%
- Average 2-day reaction, last 8
- +0.6%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $84.50
- Target vs current price
- +19.1%
- Analysts with a rating
- 15
- Share rating Buy or Strong Buy
- 53%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +33.0% | -0.7% | +1.4% | +0.2% | — |
| May 6, 2026 | -4.8% | +0.1% | +0.6% | -3.2% | -3.6% |
| Feb 4, 2026 | +2.9% | -0.4% | -2.2% | +2.3% | +1.7% |
| Nov 5, 2025 | +0.0% | +0.2% | +11.4% | +10.1% | +12.1% |
| Jul 30, 2025 | +0.0% | +1.0% | +4.4% | +5.7% | +15.4% |
| May 7, 2025 | -2.6% | +0.4% | -6.1% | -6.6% | -6.0% |
| Feb 5, 2025 | +14.2% | +1.5% | +1.5% | +1.6% | +2.7% |
| Nov 6, 2024 | -27.1% | +2.6% | +5.0% | +7.1% | +0.6% |
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 | $0.54 | $0.41 | +33.0% | $452.8M |
| May 6, 2026 | $1.79 | $1.88 | -4.8% | $780.7M |
| Feb 4, 2026 | $1.41 | $1.37 | +2.9% | $635.5M |
| Nov 5, 2025 | $0.45 | $0.45 | +0.0% | $430.2M |
| Jul 30, 2025 | $0.38 | $0.38 | +0.0% | $439.0M |
| May 7, 2025 | $1.87 | $1.92 | -2.6% | $805.2M |
| Feb 5, 2025 | $1.37 | $1.20 | +14.2% | $597.1M |
| Nov 6, 2024 | $0.35 | $0.48 | -27.1% | $401.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 17.9× | 16.0× | 71th | Top 46% |
| P/E (forward) | 16.3× | — | — | — |
| EV / EBITDA | 12.7× | — | — | Bottom 39% |
| EV / Sales | 4.27× | — | — | Top 47% |
| Free-cash-flow yield | -5.65% | — | — | Bottom 46% |
| Earnings yield | 5.58% | — | — | Top 46% |
P/E over the past five years
Range 12.9× – 19.6× 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
- +17.3%
- Earnings per share growth (TTM)
- -0.3%
- Change in P/E multiple
- +26.3%
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)
- -1.8%
- 200-day average slope (20 days)
- -0.0%
- Distance from 50-day average
- -1.8%
- Distance from 200-day average
- -2.3%
- RSI (14)
- 47.9
- Relative volume
- 0.77×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 18.8%
- Volatility vs own 5-year history
- 18th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.34
- Correlation with S&P 500
- 0.24
- Current drawdown from 1-year high
- -7.6%
- Maximum drawdown, 3 years
- -13.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 20, 2022 | Oct 2, 2023 | -40.1% | 364 days | Not yet recovered |
| Aug 20, 2021 | Sep 28, 2021 | -14.2% | 26 days | 109 days (Mar 4, 2022) |
| Nov 16, 2020 | Dec 10, 2020 | -11.8% | 17 days | 60 days (Mar 10, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $5.40B
- P/E (TTM)
- 17.9
- EPS, diluted (TTM)
- $3.96
- Revenue (TTM)
- $2.30B
- Dividend yield
- 3.92%
- 52-week range
- $59.33 – $78.69
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.95B | $2.55B | $2.33B | $2.13B | $2.31B |
| Gross profit | $705.5M | $772.8M | $796.4M | $840.4M | $888.7M |
| Operating income | $409.4M | $455.2M | $472.7M | $503.1M | $537.5M |
| Net income | $236.7M | $258.4M | $262.2M | $273.1M | $291.6M |
| EPS (diluted) | $3.74 | $3.97 | $3.91 | $3.91 | $3.98 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $401.6M | $597.1M | $805.2M | $439.0M | $430.2M | $635.5M | $780.7M | $452.8M |
| Net income | $24.4M | $98.1M | $134.3M | $27.5M | $24.9M | $104.9M | $131.0M | $38.2M |
| EPS (diluted) | $0.35 | $1.37 | $1.87 | $0.38 | $0.34 | $1.39 | $1.73 | $0.50 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$64.6M | $584.8M | $944.4M | $719.3M | $673.4M |
| Capital expenditure | -$677.5M | -$604.4M | -$555.6M | -$744.2M | -$819.8M |
| Free cash flow | -$742.1M | -$19.6M | $388.8M | -$24.9M | -$146.4M |
| Dividends paid | -$145.0M | -$156.7M | -$168.1M | -$182.3M | -$197.9M |
| Net share buybacks | $119.0M | $90.1M | $118.3M | $181.4M | $219.2M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $71.5M
- Total assets
- $11.04B
- Total liabilities
- $7.01B
- Total debt
- $4.49B
- Net debt
- $4.42B
- Shareholders’ equity
- $3.94B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 17, 2026 | $0.70 | Sep 1, 2026 |
| May 15, 2026 | $0.70 | Jun 1, 2026 |
| Feb 17, 2026 | $0.70 | Mar 1, 2026 |
| Nov 17, 2025 | $0.68 | Dec 1, 2025 |
| Aug 18, 2025 | $0.68 | Sep 2, 2025 |
| May 16, 2025 | $0.68 | Jun 1, 2025 |
| Feb 18, 2025 | $0.68 | Mar 1, 2025 |
| Nov 18, 2024 | $0.65 | Dec 1, 2024 |
Short interest
- Shares sold short
- 10,827,316
- Days to cover
- 12.80
- Change vs previous report
- +4.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Mar 11, 1998
- 3-for-2
- Mar 3, 1992
- 3-for-2
- Mar 3, 1986
- 2-for-1
- Jun 1, 1983
- 2-for-1
- Feb 2, 1976
- 2-for-1