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 9 quarters (average surprise over the last four: +8.6%).
- Net debt is 7.2× EBITDA, a high level of leverage.
- Revenue over the last four quarters was $18.32B, up 20.3% from a year earlier, accelerating from 17.9% 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.
Growth97Exceptional
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 11%
- EPS growth (TTM, YoY)Top 35%
- Revenue growth, 3-year CAGRTop 31%
- Revenue growth accelerationTop 18%
Quality20Very weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 28%
- Gross marginTop 44%
- Operating marginTop 24%
- Cash conversion (OCF / net income)Bottom 45%
- Accruals (lower is better)Bottom 24%
- Net debt / EBITDA (lower is better)Bottom 5%
- Interest coverBottom 40%
Value13Very weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 30%
- Free-cash-flow yieldBottom 22%
- EBITDA / enterprise valueBottom 14%
- Sales / enterprise valueBottom 21%
- P/E vs own 5-year history (lower is better)Bottom 47%
Momentum79Positive
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 24%
- 6-month returnTop 20%
- 1-year return vs S&P 500Top 28%
- Distance from 52-week highTop 42%
- Trend checklist (0–4)Top 26%
Revisions69Positive
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 27%
- Consecutive EPS beatsTop 1%
- Share of analysts rating BuyBottom 29%
- Upside to consensus price targetBottom 36%
Stability56Neutral
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 27%
- Maximum drawdown, 3 yearsTop 24%
- Beta vs S&P 500 (lower is better)Top 35%
- Net debt / EBITDA (lower is better)Bottom 5%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 17.9% | 20.3% | ↑ |
| EPS growth (YoY) | 41.2% | 9.5% | ↓ |
| Gross margin | 49.6% | 49.3% | ↓ |
| Operating margin | 28.3% | 25.1% | ↓ |
| FCF margin | -53.3% | -37.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 20.3% | 17.9% | ↑ | Top 11% |
| EPS growth (TTM, YoY) | 9.5% | 41.2% | ↓ | Top 35% |
| Gross margin | 49.3% | 49.6% | ↓ | Top 44% |
| Operating margin | 25.1% | 28.3% | ↓ | Top 24% |
| Net margin | 13.9% | 14.9% | ↓ | — |
| Free-cash-flow margin | -37.3% | -53.3% | ↑ | — |
| Return on invested capital | 3.4% | — | Bottom 28% | |
| Revenue growth, 3-year CAGR | 5.8% | — | Top 31% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.11×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.3%
- 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.
- +15.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 7.23×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 4.29%
- Net buyback yield (TTM)
- -1.52%
- Shareholder yield
- 2.77%
- Share count change, 1 year
- +3.5%
- Share count change, 3-year CAGR
- +1.8%
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 31, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 9
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +8.6%
- Average 2-day reaction, last 8
- -0.3%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $71.56
- Target vs current price
- +16.7%
- Analysts with a rating
- 33
- Share rating Buy or Strong Buy
- 36%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 31, 2026 | +16.0% | -0.8% | -4.2% | -4.6% | — |
| May 1, 2026 | +5.3% | -0.9% | -4.5% | +3.8% | +9.5% |
| Feb 23, 2026 | +1.9% | -2.6% | -4.3% | -10.0% | +2.4% |
| Oct 31, 2025 | +11.0% | -1.4% | +1.6% | +5.5% | +2.0% |
| Aug 1, 2025 | +10.8% | +3.4% | +5.6% | +2.3% | +4.5% |
| May 1, 2025 | +23.5% | +0.8% | +1.4% | +3.0% | +6.7% |
| Feb 12, 2025 | +3.6% | +0.4% | -0.1% | -3.6% | -1.3% |
| Nov 1, 2024 | +5.4% | -0.9% | -4.9% | -1.3% | -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 31, 2026 | $0.79 | $0.68 | +16.0% | $4.48B |
| May 1, 2026 | $0.95 | $0.90 | +5.3% | $5.02B |
| Feb 23, 2026 | $0.68 | $0.67 | +1.9% | $4.09B |
| Oct 31, 2025 | $1.06 | $0.96 | +11.0% | $4.53B |
| Aug 1, 2025 | $0.75 | $0.68 | +10.8% | $3.81B |
| May 1, 2025 | $0.93 | $0.75 | +23.5% | $4.08B |
| Feb 12, 2025 | $0.58 | $0.56 | +3.6% | $3.40B |
| Nov 1, 2024 | $0.98 | $0.93 | +5.4% | $3.94B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 21.3× | 23.7× | 24th | Bottom 30% |
| P/E (forward) | 17.1× | — | — | — |
| EV / EBITDA | 14.6× | — | — | Bottom 14% |
| EV / Sales | 5.84× | — | — | Bottom 21% |
| Free-cash-flow yield | -12.66% | — | — | Bottom 22% |
| Earnings yield | 4.70% | — | — | Bottom 30% |
P/E over the past five years
Range 18.4× – 54.8× 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
- +0.7%
- Earnings per share growth (TTM)
- +9.5%
- Change in P/E multiple
- +4.6%
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)
- -4.2%
- 200-day average slope (20 days)
- +0.4%
- Distance from 50-day average
- -7.0%
- Distance from 200-day average
- -4.7%
- RSI (14)
- 34.4
- Relative volume
- 0.77×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 14.6%
- Volatility vs own 5-year history
- 0th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.13
- Correlation with S&P 500
- 0.10
- Current drawdown from 1-year high
- -14.5%
- Maximum drawdown, 3 years
- -18.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 8, 2022 | Oct 23, 2023 | -55.3% | 386 days | Not yet recovered |
| Nov 16, 2020 | Mar 4, 2021 | -21.0% | 73 days | 273 days (Apr 1, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $53.92B
- P/E (TTM)
- 21.3
- EPS, diluted (TTM)
- $2.88
- Revenue (TTM)
- $18.32B
- Dividend yield
- 4.35%
- 52-week range
- $55.85 – $72.99
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $11.42B | $13.94B | $14.39B | $14.46B | $16.51B |
| Gross profit | $5.41B | $6.38B | $6.96B | $6.92B | $8.09B |
| Operating income | $2.00B | $1.45B | $3.41B | $3.25B | $4.41B |
| Net income | $3.40B | $1.19B | $2.03B | $2.12B | $3.00B |
| EPS (diluted) | $3.98 | $0.21 | $2.29 | $2.44 | $3.45 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.94B | $3.40B | $4.08B | $3.81B | $4.53B | $4.09B | $5.14B | $4.56B |
| Net income | $934.0M | -$76.0M | $646.0M | $760.0M | $1.01B | $586.0M | $621.0M | $340.0M |
| EPS (diluted) | $1.12 | -$0.12 | $0.75 | $0.88 | $1.18 | $0.64 | $0.69 | $0.37 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $4.04B | $3.70B | $6.57B | $5.02B | $5.36B |
| Capital expenditure | -$6.06B | -$7.76B | -$10.23B | -$12.43B | -$12.64B |
| Free cash flow | -$2.02B | -$4.06B | -$3.66B | -$7.41B | -$7.28B |
| Dividends paid | -$2.04B | -$2.21B | -$2.23B | -$2.24B | -$2.28B |
| Net share buybacks | $934.0M | $256.0M | $94.0M | $2.87B | $1.49B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $296.0M
- Total assets
- $121.89B
- Total liabilities
- $88.28B
- Total debt
- $53.42B
- Net debt
- $53.13B
- Shareholders’ equity
- $28.92B
As of Jun 30, 2026 (filed Jul 31, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 4, 2026 | $0.67 | Sep 20, 2026 |
| May 29, 2026 | $0.67 | Jun 20, 2026 |
| Feb 27, 2026 | $0.67 | Mar 20, 2026 |
| Dec 5, 2025 | $0.67 | Dec 20, 2025 |
| Sep 5, 2025 | $0.67 | Sep 20, 2025 |
| May 29, 2025 | $0.67 | Jun 20, 2025 |
| Feb 28, 2025 | $0.67 | Mar 20, 2025 |
| Nov 29, 2024 | $0.67 | Dec 20, 2024 |
Short interest
- Shares sold short
- 22,347,257
- Days to cover
- 4.49
- Change vs previous report
- -17.7%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Nov 20, 2007
- 2-for-1
- Jan 24, 1992
- 3-for-2
- May 20, 1983
- 6,667-for-10,000