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
- At 17.1× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- Earnings beat analyst estimates in each of the last 7 quarters (average surprise over the last four: +4.2%).
- Net debt is 5.6× EBITDA, a high level of leverage.
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.
Growth53Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 44%
- EPS growth (TTM, YoY)Top 37%
- Revenue growth, 3-year CAGRTop 47%
- Revenue growth accelerationTop 47%
Quality80Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 40%
- Gross marginTop 14%
- Operating marginTop 17%
- Cash conversion (OCF / net income)Top 45%
- Accruals (lower is better)Bottom 48%
- Net debt / EBITDA (lower is better)Bottom 37%
- Interest coverTop 41%
Value69Positive
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 40%
- Free-cash-flow yieldTop 24%
- EBITDA / enterprise valueTop 42%
- Sales / enterprise valueBottom 32%
- P/E vs own 5-year history (lower is better)Top 13%
Momentum54Neutral
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 48%
- 6-month returnBottom 33%
- 1-year return vs S&P 500Top 50%
- Distance from 52-week highTop 31%
- Trend checklist (0–4)Bottom 32%
Revisions62Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 45%
- Consecutive EPS beatsTop 4%
- Share of analysts rating BuyBottom 39%
- Upside to consensus price targetBottom 44%
Stability95Exceptional
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 30%
- Maximum drawdown, 3 yearsTop 5%
- Beta vs S&P 500 (lower is better)Top 7%
- Net debt / EBITDA (lower is better)Bottom 37%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 7.6% | 6.7% | ↓ |
| EPS growth (YoY) | 8.8% | 8.8% | ↓ |
| Gross margin | 46.2% | 68.2% | ↑ |
| Operating margin | 26.9% | 27.6% | ↑ |
| FCF margin | -1.8% | 4.6% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 6.7% | 7.6% | ↓ | Bottom 44% |
| EPS growth (TTM, YoY) | 8.8% | 8.8% | ↓ | Top 37% |
| Gross margin | 68.2% | 46.2% | ↑ | Top 14% |
| Operating margin | 27.6% | 26.9% | ↑ | Top 17% |
| Net margin | 15.7% | 15.5% | ↑ | — |
| Free-cash-flow margin | 4.6% | -1.8% | ↑ | — |
| Return on invested capital | 4.2% | — | Top 40% | |
| Revenue growth, 3-year CAGR | 3.9% | — | Top 47% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.21×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.2%
- 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.
- +2.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.59×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.04%
- Net buyback yield (TTM)
- 0.02%
- Shareholder yield
- 1.06%
- Share count change, 1 year
- +0.3%
- 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 Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 7
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +4.2%
- Average 2-day reaction, last 8
- -0.1%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $135.33
- Target vs current price
- +18.6%
- Analysts with a rating
- 32
- Share rating Buy or Strong Buy
- 41%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +10.0% | -0.0% | -2.5% | -3.5% | — |
| May 5, 2026 | +3.2% | +0.1% | -2.0% | -5.0% | -0.9% |
| Feb 10, 2026 | +0.7% | +1.5% | +4.1% | +6.5% | +3.1% |
| Nov 6, 2025 | +2.8% | +0.2% | +0.1% | -4.7% | -1.7% |
| Aug 5, 2025 | +5.9% | -0.1% | +1.1% | -1.8% | +1.2% |
| May 6, 2025 | +10.0% | +1.8% | -4.1% | -3.3% | +0.7% |
| Feb 13, 2025 | +0.6% | -2.1% | -2.8% | +1.6% | +3.4% |
| Nov 7, 2024 | -4.7% | -2.2% | -2.0% | +0.3% | +0.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $1.43 | $1.30 | +10.0% | $7.59B |
| May 5, 2026 | $1.93 | $1.87 | +3.2% | $9.18B |
| Feb 10, 2026 | $1.50 | $1.49 | +0.7% | $7.94B |
| Nov 6, 2025 | $1.81 | $1.76 | +2.8% | $8.67B |
| Aug 5, 2025 | $1.25 | $1.18 | +5.9% | $7.51B |
| May 6, 2025 | $1.76 | $1.60 | +10.0% | $8.25B |
| Feb 13, 2025 | $1.66 | $1.65 | +0.6% | $7.36B |
| Nov 7, 2024 | $1.62 | $1.70 | -4.7% | $8.15B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 17.1× | 20.5× | 0th | Top 40% |
| P/E (forward) | 17.0× | — | — | — |
| EV / EBITDA | 11.1× | — | — | Top 42% |
| EV / Sales | 5.38× | — | — | Bottom 32% |
| Free-cash-flow yield | 1.73% | — | — | Top 24% |
| Earnings yield | 5.84% | — | — | Top 40% |
P/E over the past five years
Range 18.7× – 61.6× 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
- -6.7%
- Earnings per share growth (TTM)
- +8.8%
- Change in P/E multiple
- -7.9%
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)
- -3.2%
- 200-day average slope (20 days)
- -0.2%
- Distance from 50-day average
- -5.6%
- Distance from 200-day average
- -8.0%
- RSI (14)
- 32.1
- Relative volume
- 0.95×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 15.2%
- Volatility vs own 5-year history
- 22th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- -0.12
- Correlation with S&P 500
- -0.11
- Current drawdown from 1-year high
- -14.5%
- Maximum drawdown, 3 years
- -15.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 20, 2022 | Oct 2, 2023 | -26.0% | 364 days | 231 days (Sep 3, 2024) |
| Mar 16, 2026 | Sep 24, 2026 | -15.2% | 133 days | Not yet recovered |
| Oct 18, 2024 | Dec 18, 2024 | -12.4% | 42 days | 58 days (Mar 17, 2025) |
| Nov 11, 2020 | Feb 26, 2021 | -12.0% | 72 days | 21 days (Mar 29, 2021) |
| Oct 22, 2025 | Dec 10, 2025 | -11.7% | 34 days | 52 days (Feb 26, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $88.98B
- P/E (TTM)
- 17.1
- EPS, diluted (TTM)
- $6.66
- Revenue (TTM)
- $33.38B
- Dividend yield
- 4.70%
- 52-week range
- $112.40 – $134.49
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $24.62B | $28.77B | $29.06B | $30.36B | $32.24B |
| Gross profit | $11.96B | $12.98B | $13.76B | $15.20B | $10.17B |
| Operating income | $5.50B | $6.01B | $7.07B | $7.93B | $8.58B |
| Net income | $3.91B | $2.55B | $4.30B | $4.51B | $4.97B |
| EPS (diluted) | $4.94 | $3.17 | $5.43 | $5.71 | $6.31 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.15B | $7.36B | $8.25B | $7.51B | $8.67B | $7.94B | $9.18B | $7.59B |
| Net income | $1.26B | $1.21B | $1.38B | $984.0M | $1.42B | $1.18B | $1.55B | $1.09B |
| EPS (diluted) | $1.57 | $1.54 | $1.76 | $1.25 | $1.81 | $1.50 | $1.97 | $1.38 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $8.29B | $5.93B | $9.88B | $12.33B | $12.35B |
| Capital expenditure | -$9.71B | -$11.37B | -$12.60B | -$12.28B | -$14.02B |
| Free cash flow | -$1.43B | -$5.44B | -$2.73B | $48.0M | -$1.67B |
| Dividends paid | -$3.11B | -$3.18B | -$3.24B | -$3.21B | -$3.30B |
| Net share buybacks | $5.0M | $9.0M | $8.0M | $405.0M | $16.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $673.0M
- Total assets
- $201.09B
- Total liabilities
- $144.23B
- Total debt
- $91.24B
- Net debt
- $90.56B
- Shareholders’ equity
- $54.75B
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Nov 13, 2026 | $1.09 | Dec 16, 2026 |
| Aug 14, 2026 | $1.09 | Sep 16, 2026 |
| May 15, 2026 | $1.07 | Jun 16, 2026 |
| Feb 13, 2026 | $1.07 | Mar 16, 2026 |
| Nov 14, 2025 | $1.07 | Dec 16, 2025 |
| Aug 15, 2025 | $1.07 | Sep 16, 2025 |
| May 16, 2025 | $1.05 | Jun 16, 2025 |
| Feb 14, 2025 | $1.05 | Mar 17, 2025 |
Short interest
- Shares sold short
- 19,010,855
- Days to cover
- 5.40
- Change vs previous report
- +10.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 3, 2012
- 1-for-3
- Jan 3, 2007
- 10,000-for-5,811
- Jan 29, 2001
- 2-for-1
- Oct 1, 1990
- 2-for-1