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
- Operating margin narrowed to 22.9% from 35.4% a year earlier.
- Revenue over the last four quarters was $13.48B, up 25.4% from a year earlier, slowing from 52.7% a quarter earlier.
- 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 7%
- EPS growth (TTM, YoY)Bottom 7%
- Revenue growth, 3-year CAGRBottom 12%
- Revenue growth accelerationBottom 4%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 4%
- Gross marginTop 15%
- Operating marginTop 45%
- Cash conversion (OCF / net income)Top 7%
- Accruals (lower is better)Top 4%
- Net debt / EBITDA (lower is better)Top 6%
- Interest coverTop 26%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 11%
- Free-cash-flow yieldTop 9%
- EBITDA / enterprise valueTop 33%
- Sales / enterprise valueTop 42%
- P/E vs own 5-year history (lower is better)Bottom 24%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 28%
- 6-month returnTop 33%
- 1-year return vs S&P 500Bottom 32%
- Distance from 52-week highTop 21%
- Trend checklist (0–4)Bottom 32%
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 3%
- Maximum drawdown, 3 yearsTop 33%
- Beta vs S&P 500 (lower is better)Top 47%
- Net debt / EBITDA (lower is better)Top 6%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 52.7% | 25.4% | ↓ |
| EPS growth (YoY) | -20.8% | -27.1% | ↓ |
| Gross margin | 103.7% | 68.2% | ↓ |
| Operating margin | 35.4% | 22.9% | ↓ |
| FCF margin | -2.2% | 35.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 25.4% | 52.7% | ↓ | Top 7% |
| EPS growth (TTM, YoY) | -27.1% | -20.8% | ↓ | Bottom 7% |
| Gross margin | 68.2% | 103.7% | ↓ | Top 15% |
| Operating margin | 22.9% | 35.4% | ↓ | Top 45% |
| Net margin | 13.3% | 13.1% | ↑ | — |
| Free-cash-flow margin | 35.3% | -2.2% | ↑ | — |
| Return on invested capital | 6.6% | — | Top 4% | |
| Revenue growth, 3-year CAGR | -2.0% | — | Bottom 12% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -9.9%
- 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.
- -18.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.61×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.8×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.52%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 1.52%
- Share count change, 1 year
- +4.6%
- Share count change, 3-year CAGR
- +30.0%
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 31, 2026).
Earnings and expectations
Earnings momentum
- Average 2-day reaction, last 8
- +0.3%
- Positive 20 days after report
- 2 of 5
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 31, 2026 | — | +0.2% | -0.5% | +0.3% | — |
| May 1, 2026 | — | +0.3% | +0.4% | -1.8% | -2.4% |
| Feb 19, 2026 | — | -0.2% | -0.6% | -3.8% | -2.6% |
| Sep 30, 2023 | — | -1.6% | -5.9% | -10.7% | -3.6% |
| Jun 30, 2023 | — | +2.9% | +2.4% | +2.2% | -0.7% |
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 | $1.05 | — | — | $3.52B |
| May 1, 2026 | $0.84 | — | — | $3.19B |
| Feb 19, 2026 | $0.52 | — | — | $2.96B |
| Sep 30, 2023 | $3.32 | — | — | $3.60T |
| Jun 30, 2023 | $1,843.74 | — | — | $2.85T |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 4.8× | 4.3× | 53th | Top 11% |
| EV / EBITDA | 10.0× | — | — | Top 33% |
| EV / Sales | 3.75× | — | — | Top 42% |
| Free-cash-flow yield | 10.04% | — | — | Top 9% |
| Earnings yield | 20.71% | — | — | Top 11% |
P/E over the past five years
Range 0.0× – 6.4× since Dec 31, 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
- -12.4%
- Earnings per share growth (TTM)
- -27.1%
- Change in P/E multiple
- +28.9%
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)
- -1.8%
- 200-day average slope (20 days)
- -0.8%
- Distance from 50-day average
- -3.7%
- Distance from 200-day average
- -6.9%
- RSI (14)
- 31.8
- Relative volume
- 0.43×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 6.7%
- Volatility vs own 5-year history
- 15th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.17
- Correlation with S&P 500
- 0.24
- Current drawdown from 1-year high
- -13.3%
- Maximum drawdown, 3 years
- -20.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 31, 2020 | Sep 25, 2026 | -30.5% | 1439 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $47.46B
- P/E (TTM)
- 4.8
- EPS, diluted (TTM)
- $3.90
- Revenue (TTM)
- $13.48B
- Dividend yield
- 6.47%
- 52-week range
- $18.60 – $21.79
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $5.07B | $13.76B | $5.15B | $11.88B | $12.95B |
| Gross profit | $1.91B | $5.28B | $2.25B | $8.14B | $8.65B |
| Operating income | $926.8M | $902.2M | $1.16B | $2.65B | $3.20B |
| Net income | $654.0M | $1.02B | $1.27B | $1.06B | $1.76B |
| EPS (diluted) | $0.00 | $4.96 | $6.21 | $2.45 | $3.91 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.39B | $1.19B | $2.85B | $3.33B | $3.81B | $2.96B | $3.19B | $3.52B |
| Net income | $644.9M | $98.4M | $360.8M | $299.4M | $693.8M | $235.8M | $384.9M | $482.6M |
| EPS (diluted) | $2.99 | $0.49 | $0.82 | $1.05 | $1.53 | $0.51 | $0.83 | $1.03 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.05B | $1.18B | $2.03B | $823.6M | $627.9M |
| Capital expenditure | -$3.67B | -$2.63B | -$1.72B | -$1.66B | $0 |
| Free cash flow | -$2.61B | -$1.45B | $308.2M | $588.7M | $627.9M |
| Dividends paid | -$60.0M | -$624.0M | -$660.8M | -$859.1M | $0 |
| Net share buybacks | $1.90B | $0 | $0 | $0 | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.57B
- Total assets
- $36.83B
- Total liabilities
- $24.31B
- Total debt
- $3.08B
- Net debt
- $3.08B
- Shareholders’ equity
- $12.48B
As of Jun 30, 2026 (filed Jul 31, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 31, 2026 | $0.30 | Sep 1, 2026 |
| May 29, 2026 | $0.30 | Jun 1, 2026 |
| Feb 27, 2026 | $0.30 | Mar 2, 2026 |
| Nov 28, 2025 | $0.30 | Dec 1, 2025 |
| Aug 29, 2025 | $0.30 | Sep 2, 2025 |
| May 30, 2025 | $0.30 | Jun 2, 2025 |
| Feb 28, 2025 | $0.30 | Mar 3, 2025 |
| Nov 29, 2024 | $0.30 | Dec 2, 2024 |
Short interest
- Shares sold short
- 21,025
- Days to cover
- 1.00
- Change vs previous report
- -5.5%
FINRA short interest, settlement date Sep 15, 2026.