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.
- Revenue over the last four quarters was $9.00B, up 12.8% from a year earlier, slowing from 14.9% 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.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 20%
- EPS growth (TTM, YoY)Bottom 30%
- Revenue growth, 3-year CAGRBottom 26%
- Revenue growth accelerationBottom 33%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 23%
- Gross marginBottom 22%
- Operating marginBottom 30%
- Cash conversion (OCF / net income)Top 29%
- Accruals (lower is better)Top 38%
- Net debt / EBITDA (lower is better)Bottom 14%
- Interest coverBottom 46%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 26%
- Free-cash-flow yieldTop 11%
- EBITDA / enterprise valueBottom 25%
- Sales / enterprise valueBottom 42%
- P/E vs own 5-year history (lower is better)Bottom 36%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 34%
- 6-month returnTop 21%
- 1-year return vs S&P 500Top 49%
- Distance from 52-week highTop 6%
- Trend checklist (0–4)Top 9%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 37%
- Maximum drawdown, 3 yearsTop 21%
- Beta vs S&P 500 (lower is better)Bottom 48%
- Net debt / EBITDA (lower is better)Bottom 14%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 14.9% | 12.8% | ↓ |
| EPS growth (YoY) | 2.0% | -4.0% | ↓ |
| Gross margin | 42.6% | 29.9% | ↓ |
| Operating margin | 20.4% | 18.2% | ↓ |
| FCF margin | -13.7% | 16.0% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 12.8% | 14.9% | ↓ | Top 20% |
| EPS growth (TTM, YoY) | -4.0% | 2.0% | ↓ | Bottom 30% |
| Gross margin | 29.9% | 42.6% | ↓ | Bottom 22% |
| Operating margin | 18.2% | 20.4% | ↓ | Bottom 30% |
| Net margin | 10.7% | 12.8% | ↓ | — |
| Free-cash-flow margin | 16.0% | -13.7% | ↑ | — |
| Return on invested capital | 3.4% | — | Bottom 23% | |
| Revenue growth, 3-year CAGR | -0.2% | — | Bottom 26% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.51×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.5%
- 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.
- +1.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.22×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.86%
- Net buyback yield (TTM)
- -1.75%
- Shareholder yield
- 1.11%
- Share count change, 1 year
- +0.0%
- Share count change, 3-year CAGR
- +0.0%
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 28, 2026).
Earnings and expectations
Earnings momentum
- Average 2-day reaction, last 8
- -1.1%
- Positive 20 days after report
- 3 of 8
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 28, 2026 | — | +0.3% | +0.9% | +1.9% | — |
| Apr 22, 2026 | — | -2.2% | -2.9% | -3.3% | -7.2% |
| Feb 10, 2026 | — | -1.4% | +5.2% | -0.0% | +0.5% |
| Oct 29, 2025 | — | -1.7% | -3.4% | -2.1% | -5.1% |
| Apr 23, 2025 | — | -0.4% | +2.8% | +0.6% | +0.4% |
| Feb 11, 2025 | — | -1.7% | -1.8% | -1.3% | -5.6% |
| Oct 31, 2024 | — | -1.2% | -4.8% | -5.0% | -9.7% |
| Jul 26, 2024 | — | -0.3% | +0.9% | +1.5% | +12.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 28, 2026 | $0.43 | — | — | $1.83B |
| Apr 22, 2026 | $1.21 | — | — | $2.73B |
| Feb 10, 2026 | $0.76 | — | — | $2.42B |
| Oct 29, 2025 | $0.99 | — | — | $2.02B |
| Apr 23, 2025 | $1.08 | — | — | $2.35B |
| Feb 11, 2025 | $0.99 | — | — | $2.22B |
| Oct 31, 2024 | $0.90 | — | — | $1.66B |
| Jul 26, 2024 | $0.70 | — | — | $1.53B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 22.6× | 27.6× | 33th | Bottom 26% |
| EV / EBITDA | 13.6× | — | — | Bottom 25% |
| EV / Sales | 4.68× | — | — | Bottom 42% |
| Free-cash-flow yield | 6.30% | — | — | Top 11% |
| Earnings yield | 4.42% | — | — | Bottom 26% |
P/E over the past five years
Range 21.2× – 41.6× 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
- -5.8%
- Earnings per share growth (TTM)
- -4.0%
- Change in P/E multiple
- +1.7%
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
- 3
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +0.1%
- 200-day average slope (20 days)
- -0.3%
- Distance from 50-day average
- +1.0%
- Distance from 200-day average
- -1.3%
- RSI (14)
- 52.5
- Relative volume
- 0.17×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 15.8%
- Volatility vs own 5-year history
- 22th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.19
- Correlation with S&P 500
- 0.21
- Current drawdown from 1-year high
- -9.2%
- Maximum drawdown, 3 years
- -17.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 25, 2021 | Sep 29, 2026 | -34.6% | 1404 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $22.90B
- P/E (TTM)
- 22.6
- EPS, diluted (TTM)
- $3.39
- Revenue (TTM)
- $9.00B
- Dividend yield
- 5.86%
- 52-week range
- $72.35 – $84.50
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $7.02B | $8.60B | $7.46B | $7.51B | $8.54B |
| Gross profit | $2.63B | $2.76B | $2.86B | $3.21B | $3.55B |
| Operating income | $1.18B | $1.22B | $1.24B | $1.49B | $1.73B |
| Net income | $868.0M | $837.0M | $887.0M | $1.00B | $1.07B |
| EPS (diluted) | $3.09 | $2.94 | $3.08 | $3.61 | $3.78 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.66B | $2.22B | $2.35B | $1.75B | $2.02B | $2.42B | $2.73B | $1.83B |
| Net income | $253.0M | $277.0M | $304.0M | $188.0M | $277.0M | $223.0M | $340.0M | $120.0M |
| EPS (diluted) | $0.90 | $0.95 | $1.01 | $0.67 | $0.99 | $0.76 | $1.21 | $0.43 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.82B | $855.0M | $2.43B | $2.45B | $2.23B |
| Capital expenditure | -$2.21B | -$2.48B | -$3.20B | -$3.00B | $0 |
| Free cash flow | -$390.0M | -$1.63B | -$771.0M | -$550.0M | $2.23B |
| Dividends paid | -$724.0M | -$771.0M | -$697.0M | -$626.0M | $0 |
| Net share buybacks | $26.0M | $69.0M | $0 | $286.0M | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $47.0M
- Total assets
- $40.91B
- Total liabilities
- $30.51B
- Total debt
- $19.30B
- Net debt
- $19.06B
- Shareholders’ equity
- $13.45B
As of Jun 30, 2026 (filed Jul 28, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 2, 2026 | $1.13 | Oct 1, 2026 |
| Jun 1, 2026 | $1.13 | Jul 1, 2026 |
| Mar 2, 2026 | $1.13 | Apr 1, 2026 |
| Dec 1, 2025 | $1.13 | Jan 1, 2026 |
| Sep 2, 2025 | $1.13 | Oct 1, 2025 |
| Jun 2, 2025 | $1.13 | Jul 1, 2025 |
| Mar 3, 2025 | $1.13 | Apr 1, 2025 |
| Dec 2, 2024 | $1.13 | Jan 1, 2025 |