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
- Earnings beat analyst estimates in each of the last 6 quarters (average surprise over the last four: +4.0%).
- Net debt is 6.1× 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.
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 34%
- EPS growth (TTM, YoY)Bottom 38%
- Revenue growth, 3-year CAGRBottom 26%
- Revenue growth accelerationBottom 20%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 26%
- Gross marginTop 13%
- Operating marginBottom 37%
- Cash conversion (OCF / net income)Bottom 38%
- Accruals (lower is better)Bottom 36%
- Net debt / EBITDA (lower is better)Bottom 21%
- Interest coverBottom 35%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 49%
- Free-cash-flow yieldBottom 28%
- EBITDA / enterprise valueBottom 44%
- Sales / enterprise valueTop 48%
- P/E vs own 5-year history (lower is better)Bottom 42%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 40%
- 6-month returnBottom 14%
- 1-year return vs S&P 500Bottom 34%
- Distance from 52-week highBottom 30%
- Trend checklist (0–4)Bottom 32%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 43%
- Consecutive EPS beatsTop 7%
- Share of analysts rating BuyTop 33%
- Upside to consensus price targetTop 34%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 28%
- Maximum drawdown, 3 yearsTop 45%
- Beta vs S&P 500 (lower is better)Top 13%
- Net debt / EBITDA (lower is better)Bottom 21%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 13.3% | 9.9% | ↓ |
| EPS growth (YoY) | 8.0% | -0.3% | ↓ |
| Gross margin | 42.1% | 69.7% | ↑ |
| Operating margin | 20.0% | 18.9% | ↓ |
| FCF margin | -17.2% | -21.7% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 9.9% | 13.3% | ↓ | Top 34% |
| EPS growth (TTM, YoY) | -0.3% | 8.0% | ↓ | Bottom 38% |
| Gross margin | 69.7% | 42.1% | ↑ | Top 13% |
| Operating margin | 18.9% | 20.0% | ↓ | Bottom 37% |
| Net margin | 11.6% | 12.8% | ↓ | — |
| Free-cash-flow margin | -21.7% | -17.2% | ↓ | — |
| Return on invested capital | 3.4% | — | Bottom 26% | |
| 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.
- 2.09×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.7%
- 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.
- -0.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.10×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.45%
- Net buyback yield (TTM)
- -5.18%
- Shareholder yield
- -1.73%
- Share count change, 1 year
- +0.5%
- Share count change, 3-year CAGR
- +1.0%
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
- Consecutive EPS beats
- 6
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +4.0%
- Average 2-day reaction, last 8
- +0.9%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $80.11
- Target vs current price
- +25.7%
- Analysts with a rating
- 30
- 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 |
|---|---|---|---|---|---|
| Jul 28, 2026 | +3.1% | +0.1% | -3.4% | -7.9% | — |
| Apr 28, 2026 | +2.7% | -0.2% | -0.5% | -2.4% | -2.5% |
| Feb 5, 2026 | +1.8% | +1.8% | +4.1% | +7.8% | +6.2% |
| Oct 30, 2025 | +8.1% | +1.3% | +0.4% | +4.1% | -0.3% |
| Jul 31, 2025 | +4.4% | +2.3% | +2.7% | +0.1% | +3.3% |
| Apr 24, 2025 | +1.0% | +0.9% | +0.2% | -3.7% | -1.7% |
| Feb 6, 2025 | +0.0% | +1.8% | +3.6% | +6.7% | +8.6% |
| Oct 31, 2024 | +7.7% | -0.7% | -3.2% | +0.5% | -6.2% |
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 | $0.37 | $0.36 | +3.1% | $1.83B |
| Apr 28, 2026 | $1.13 | $1.10 | +2.7% | $2.73B |
| Feb 5, 2026 | $0.95 | $0.93 | +1.8% | $2.23B |
| Oct 30, 2025 | $0.93 | $0.86 | +8.1% | $2.02B |
| Jul 31, 2025 | $0.71 | $0.68 | +4.4% | $1.84B |
| Apr 24, 2025 | $1.02 | $1.01 | +1.0% | $2.45B |
| Feb 6, 2025 | $0.87 | $0.87 | +0.0% | $1.99B |
| Oct 31, 2024 | $0.84 | $0.78 | +7.7% | $1.74B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 18.9× | 20.8× | 29th | Top 49% |
| P/E (forward) | 16.5× | — | — | — |
| EV / EBITDA | 12.5× | — | — | Bottom 44% |
| EV / Sales | 4.43× | — | — | Top 48% |
| Free-cash-flow yield | -9.56% | — | — | Bottom 28% |
| Earnings yield | 5.30% | — | — | Top 49% |
P/E over the past five years
Range 12.6× – 26.6× 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
- -11.9%
- Earnings per share growth (TTM)
- -0.3%
- Change in P/E multiple
- +1.1%
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)
- -5.7%
- 200-day average slope (20 days)
- -1.0%
- Distance from 50-day average
- -6.8%
- Distance from 200-day average
- -12.5%
- RSI (14)
- 33.6
- Relative volume
- 1.35×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 14.6%
- Volatility vs own 5-year history
- 9th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- -0.05
- Correlation with S&P 500
- -0.05
- Current drawdown from 1-year high
- -20.3%
- Maximum drawdown, 3 years
- -21.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 6, 2022 | Oct 2, 2023 | -31.3% | 373 days | 354 days (Mar 3, 2025) |
| Apr 9, 2026 | Sep 28, 2026 | -21.7% | 118 days | Not yet recovered |
| Nov 10, 2020 | Mar 3, 2021 | -19.7% | 76 days | 261 days (Mar 15, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $19.99B
- P/E (TTM)
- 18.9
- EPS, diluted (TTM)
- $3.38
- Revenue (TTM)
- $8.81B
- Dividend yield
- 3.53%
- 52-week range
- $62.29 – $80.36
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $7.33B | $8.60B | $7.46B | $7.51B | $8.54B |
| Gross profit | $2.65B | $2.76B | $2.86B | $3.21B | $5.20B |
| Operating income | $1.15B | $1.22B | $1.24B | $1.49B | $1.73B |
| Net income | $1.35B | $837.0M | $887.0M | $1.00B | $1.07B |
| EPS (diluted) | $4.66 | $2.85 | $3.01 | $3.33 | $3.53 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.74B | $1.99B | $2.45B | $1.84B | $2.02B | $2.23B | $2.73B | $1.83B |
| Net income | $253.0M | $265.0M | $304.0M | $201.0M | $277.0M | $289.0M | $340.0M | $120.0M |
| EPS (diluted) | $0.84 | $0.88 | $1.01 | $0.66 | $0.92 | $0.94 | $1.13 | $0.39 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.82B | $855.0M | $2.31B | $2.37B | $2.23B |
| Capital expenditure | -$2.08B | -$2.37B | -$3.22B | -$3.02B | -$3.82B |
| Free cash flow | -$257.0M | -$1.52B | -$910.0M | -$648.0M | -$1.59B |
| Dividends paid | -$509.0M | -$546.0M | -$579.0M | -$626.0M | -$663.0M |
| Net share buybacks | $250.0M | $69.0M | $192.0M | $286.0M | $525.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $241.0M
- Total assets
- $41.10B
- Total liabilities
- $30.71B
- Total debt
- $19.30B
- Net debt
- $19.06B
- Shareholders’ equity
- $9.77B
As of Jun 30, 2026 (filed Jul 28, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 7, 2026 | $0.57 | Sep 1, 2026 |
| May 8, 2026 | $0.57 | May 29, 2026 |
| Feb 17, 2026 | $0.57 | Feb 27, 2026 |
| Nov 7, 2025 | $0.54 | Nov 26, 2025 |
| Aug 8, 2025 | $0.54 | Aug 29, 2025 |
| May 9, 2025 | $0.54 | May 30, 2025 |
| Feb 14, 2025 | $0.54 | Feb 28, 2025 |
| Nov 13, 2024 | $0.52 | Nov 27, 2024 |
Short interest
- Shares sold short
- 16,354,988
- Days to cover
- 5.58
- Change vs previous report
- +3.9%
FINRA short interest, settlement date Sep 15, 2026.