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 6.5× 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 $16.24B, up 14.4% from a year earlier, slowing from 19.6% 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 17%
- EPS growth (TTM, YoY)Bottom 22%
- Revenue growth, 3-year CAGRBottom 7%
- Revenue growth accelerationBottom 9%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 37%
- Gross marginBottom 29%
- Operating marginBottom 16%
- Cash conversion (OCF / net income)Top 25%
- Accruals (lower is better)Top 36%
- Net debt / EBITDA (lower is better)Bottom 9%
- Interest coverBottom 23%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 47%
- Free-cash-flow yieldBottom 40%
- EBITDA / enterprise valueBottom 42%
- Sales / enterprise valueTop 29%
- P/E vs own 5-year history (lower is better)Bottom 31%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 46%
- 6-month returnBottom 25%
- 1-year return vs S&P 500Bottom 39%
- Distance from 52-week highBottom 31%
- Trend checklist (0–4)Bottom 32%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 33%
- Consecutive EPS beatsBottom 39%
- Share of analysts rating BuyBottom 48%
- Upside to consensus price targetTop 40%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 38%
- Maximum drawdown, 3 yearsTop 46%
- Beta vs S&P 500 (lower is better)Top 20%
- Net debt / EBITDA (lower is better)Bottom 9%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 19.6% | 14.4% | ↓ |
| EPS growth (YoY) | -17.4% | -8.3% | ↑ |
| Gross margin | 31.3% | 36.7% | ↑ |
| Operating margin | 14.9% | 12.3% | ↓ |
| FCF margin | -4.5% | -11.9% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 14.4% | 19.6% | ↓ | Top 17% |
| EPS growth (TTM, YoY) | -8.3% | -17.4% | ↑ | Bottom 22% |
| Gross margin | 36.7% | 31.3% | ↑ | Bottom 29% |
| Operating margin | 12.3% | 14.9% | ↓ | Bottom 16% |
| Net margin | 8.1% | 10.1% | ↓ | — |
| Free-cash-flow margin | -11.9% | -4.5% | ↓ | — |
| Return on invested capital | 3.8% | — | Bottom 37% | |
| Revenue growth, 3-year CAGR | -6.3% | — | Bottom 7% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.56×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.7%
- 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.
- -3.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.51×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.8×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.53%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 3.53%
- Share count change, 1 year
- +0.5%
- Share count change, 3-year CAGR
- +0.3%
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
- 1
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +6.6%
- Average 2-day reaction, last 8
- +0.4%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $152.43
- Target vs current price
- +22.5%
- Analysts with a rating
- 46
- Share rating Buy or Strong Buy
- 46%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 28, 2026 | +15.8% | -0.8% | -3.7% | -7.9% | — |
| Apr 30, 2026 | -3.0% | +3.2% | -3.1% | -2.5% | +0.1% |
| Feb 17, 2026 | +7.1% | -0.2% | +0.6% | +3.0% | -1.6% |
| Oct 30, 2025 | +6.6% | -0.6% | -3.5% | -1.5% | -1.6% |
| Jul 29, 2025 | -2.9% | -0.2% | +2.5% | +0.8% | +3.6% |
| May 1, 2025 | +4.0% | -0.8% | +1.2% | -0.5% | +0.3% |
| Feb 13, 2025 | +4.9% | +2.9% | +5.6% | +6.9% | +9.6% |
| Oct 24, 2024 | +18.1% | -0.2% | -4.5% | -6.0% | -7.5% |
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 | $1.32 | $1.14 | +15.8% | $3.37B |
| Apr 30, 2026 | $1.95 | $2.01 | -3.0% | $5.14B |
| Feb 17, 2026 | $1.65 | $1.54 | +7.1% | $4.43B |
| Oct 30, 2025 | $2.25 | $2.11 | +6.6% | $3.53B |
| Jul 29, 2025 | $1.36 | $1.40 | -2.9% | $3.42B |
| May 1, 2025 | $2.10 | $2.02 | +4.0% | $4.44B |
| Feb 13, 2025 | $1.51 | $1.44 | +4.9% | $3.44B |
| Oct 24, 2024 | $2.22 | $1.88 | +18.1% | $2.91B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 19.5× | 19.9× | 43th | Bottom 47% |
| P/E (forward) | 16.1× | — | — | — |
| EV / EBITDA | 12.6× | — | — | Bottom 42% |
| EV / Sales | 3.30× | — | — | Top 29% |
| Free-cash-flow yield | -7.45% | — | — | Bottom 40% |
| Earnings yield | 5.12% | — | — | Bottom 47% |
P/E over the past five years
Range 15.4× – 36.7× 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
- -11.2%
- Earnings per share growth (TTM)
- -8.3%
- Change in P/E multiple
- +16.2%
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)
- -6.2%
- 200-day average slope (20 days)
- -0.4%
- Distance from 50-day average
- -7.7%
- Distance from 200-day average
- -11.7%
- RSI (14)
- 35.3
- Relative volume
- 0.88×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 16.0%
- Volatility vs own 5-year history
- 22th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.02
- Correlation with S&P 500
- 0.02
- Current drawdown from 1-year high
- -19.4%
- Maximum drawdown, 3 years
- -21.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 20, 2022 | Oct 5, 2023 | -32.3% | 367 days | 374 days (Apr 3, 2025) |
| Jun 26, 2026 | Sep 28, 2026 | -21.8% | 64 days | Not yet recovered |
| Nov 16, 2020 | Feb 26, 2021 | -12.9% | 69 days | 27 days (Apr 7, 2021) |
| May 10, 2021 | Nov 30, 2021 | -11.7% | 142 days | 64 days (Mar 3, 2022) |
| Oct 20, 2025 | Dec 19, 2025 | -10.9% | 43 days | 37 days (Feb 13, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $25.90B
- P/E (TTM)
- 19.5
- EPS, diluted (TTM)
- $6.37
- Revenue (TTM)
- $16.24B
- Dividend yield
- 3.74%
- 52-week range
- $119.68 – $155.75
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $14.96B | $19.23B | $12.74B | $12.46B | $15.81B |
| Gross profit | $3.34B | $3.67B | $4.33B | $4.34B | $13.43B |
| Operating income | $1.50B | $1.75B | $2.24B | $2.09B | $2.37B |
| Net income | $907.0M | $1.08B | $1.40B | $1.40B | $1.46B |
| EPS (diluted) | $4.67 | $5.52 | $6.76 | $6.77 | $7.06 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.91B | $3.44B | $4.44B | $3.42B | $3.53B | $4.24B | $5.14B | $3.34B |
| Net income | $477.0M | $292.0M | $444.0M | $228.0M | $418.0M | $372.0M | $247.0M | $282.0M |
| EPS (diluted) | $2.30 | $1.41 | $2.14 | $1.10 | $2.02 | $1.80 | $1.19 | $1.36 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $3.07B | $1.98B | $3.22B | $3.64B | $3.43B |
| Capital expenditure | -$3.77B | -$3.38B | -$3.93B | -$4.47B | -$4.43B |
| Free cash flow | -$705.0M | -$1.40B | -$714.0M | -$824.0M | -$1.00B |
| Dividends paid | -$791.0M | -$685.0M | -$752.0M | -$776.0M | -$871.0M |
| Net share buybacks | -$66.0M | $1.25B | $0 | $0 | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $84.0M
- Total assets
- $56.23B
- Total liabilities
- $44.08B
- Total debt
- $27.84B
- Net debt
- $27.76B
- Shareholders’ equity
- $12.15B
As of Jun 30, 2026 (filed Jul 28, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 21, 2026 | $1.17 | Oct 15, 2026 |
| Jun 22, 2026 | $1.17 | Jul 15, 2026 |
| Mar 16, 2026 | $1.17 | Apr 15, 2026 |
| Dec 15, 2025 | $1.17 | Jan 15, 2026 |
| Sep 15, 2025 | $1.09 | Oct 15, 2025 |
| Jun 16, 2025 | $1.09 | Jul 15, 2025 |
| Mar 17, 2025 | $1.09 | Apr 15, 2025 |
| Dec 16, 2024 | $1.09 | Jan 15, 2025 |
Short interest
- Shares sold short
- 5,198,142
- Days to cover
- 3.86
- Change vs previous report
- +5.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 1, 2021
- 47-for-40
- Jan 15, 1963
- 2-for-1