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 5.8× EBITDA, a high level of leverage.
- The shares trade at 20.0× trailing earnings, higher than 81% of the company's own readings over the past five years.
- Revenue over the last four quarters was $6.07B, up 4.1% from a year 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.
Growth41Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 23%
- EPS growth (TTM, YoY)Top 38%
- Revenue growth, 3-year CAGRBottom 35%
- Revenue growth accelerationTop 22%
Quality51Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 29%
- Gross marginBottom 35%
- Operating marginTop 23%
- Cash conversion (OCF / net income)Bottom 48%
- Accruals (lower is better)Bottom 43%
- Net debt / EBITDA (lower is better)Bottom 30%
- Interest coverTop 44%
Value18Very weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 41%
- Free-cash-flow yieldBottom 37%
- EBITDA / enterprise valueBottom 46%
- Sales / enterprise valueBottom 24%
- P/E vs own 5-year history (lower is better)Bottom 6%
Momentum83Strong
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 26%
- 6-month returnTop 24%
- 1-year return vs S&P 500Top 19%
- Distance from 52-week highTop 16%
- Trend checklist (0–4)Top 26%
Revisions25Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 20%
- Consecutive EPS beatsTop 35%
- Share of analysts rating BuyBottom 33%
- Upside to consensus price targetBottom 34%
Stability81Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 23%
- Maximum drawdown, 3 yearsTop 1%
- Beta vs S&P 500 (lower is better)Top 42%
- Net debt / EBITDA (lower is better)Bottom 30%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 2.4% | 4.1% | ↑ |
| EPS growth (YoY) | -0.5% | 8.5% | ↑ |
| Gross margin | 32.2% | 40.1% | ↑ |
| Operating margin | 24.6% | 25.9% | ↑ |
| FCF margin | -2.4% | -23.2% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 4.1% | 2.4% | ↑ | Bottom 23% |
| EPS growth (TTM, YoY) | 8.5% | -0.5% | ↑ | Top 38% |
| Gross margin | 40.1% | 32.2% | ↑ | Bottom 35% |
| Operating margin | 25.9% | 24.6% | ↑ | Top 23% |
| Net margin | 15.3% | 14.4% | ↑ | — |
| Free-cash-flow margin | -23.2% | -2.4% | ↓ | — |
| Return on invested capital | 4.5% | — | Top 29% | |
| Revenue growth, 3-year CAGR | 0.3% | — | Bottom 35% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.14×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +89.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.84×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.42%
- Net buyback yield (TTM)
- -0.01%
- Shareholder yield
- 3.41%
- Share count change, 1 year
- +1.6%
- Share count change, 3-year CAGR
- +0.9%
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 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- -1.0%
- Average 2-day reaction, last 8
- -0.7%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $92.25
- Target vs current price
- +16.5%
- Analysts with a rating
- 18
- Share rating Buy or Strong Buy
- 39%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +8.5% | -0.0% | +0.3% | -2.8% | — |
| May 7, 2026 | +13.9% | +2.1% | +1.8% | +1.1% | +2.8% |
| Feb 19, 2026 | -23.8% | -1.1% | +3.0% | +1.4% | +2.9% |
| Nov 6, 2025 | -2.4% | -1.6% | +0.7% | -3.9% | +1.3% |
| Aug 7, 2025 | +5.7% | -0.5% | +0.0% | -2.3% | +6.1% |
| May 8, 2025 | -18.6% | -4.4% | -8.0% | -6.6% | +5.0% |
| Feb 27, 2025 | -2.9% | -0.8% | -3.1% | -2.6% | -4.6% |
| Nov 7, 2024 | +4.7% | +0.6% | +3.8% | +3.7% | +6.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.88 | $0.81 | +8.5% | $1.50B |
| May 7, 2026 | $0.69 | $0.61 | +13.9% | $1.44B |
| Feb 19, 2026 | $0.42 | $0.55 | -23.8% | $1.34B |
| Nov 6, 2025 | $2.03 | $2.08 | -2.4% | $1.81B |
| Aug 7, 2025 | $0.82 | $0.78 | +5.7% | $1.44B |
| May 8, 2025 | $0.54 | $0.66 | -18.6% | $1.37B |
| Feb 27, 2025 | $0.35 | $0.36 | -2.9% | $1.26B |
| Nov 7, 2024 | $2.02 | $1.93 | +4.7% | $1.81B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 20.0× | 18.3× | 81th | Bottom 41% |
| P/E (forward) | 18.6× | — | — | — |
| EV / EBITDA | 12.3× | — | — | Bottom 46% |
| EV / Sales | 5.72× | — | — | Bottom 24% |
| Free-cash-flow yield | -7.70% | — | — | Bottom 37% |
| Earnings yield | 4.99% | — | — | Bottom 41% |
P/E over the past five years
Range 16.3× – 21.9× 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
- +3.9%
- Earnings per share growth (TTM)
- +8.5%
- Change in P/E multiple
- +5.0%
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)
- -3.1%
- 200-day average slope (20 days)
- +0.6%
- Distance from 50-day average
- -3.1%
- Distance from 200-day average
- -2.4%
- RSI (14)
- 43.5
- Relative volume
- 0.95×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 14.4%
- Volatility vs own 5-year history
- 16th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.15
- Correlation with S&P 500
- 0.14
- Current drawdown from 1-year high
- -10.2%
- Maximum drawdown, 3 years
- -11.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 20, 2022 | Nov 13, 2023 | -33.8% | 394 days | 430 days (Aug 4, 2025) |
| Aug 20, 2021 | Feb 23, 2022 | -13.1% | 128 days | 30 days (Apr 6, 2022) |
| Jul 2, 2026 | Sep 24, 2026 | -11.9% | 58 days | Not yet recovered |
| Nov 10, 2020 | Feb 22, 2021 | -10.5% | 69 days | 15 days (Mar 15, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $18.25B
- P/E (TTM)
- 20.0
- EPS, diluted (TTM)
- $3.95
- Revenue (TTM)
- $6.07B
- Dividend yield
- 3.51%
- 52-week range
- $71.41 – $88.62
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $5.59B | $5.86B | $5.49B | $5.82B | $5.92B |
| Gross profit | $1.74B | $1.70B | $1.67B | $1.90B | $1.91B |
| Operating income | $1.36B | $1.30B | $1.26B | $1.44B | $1.49B |
| Net income | $879.7M | $752.7M | $731.3M | $873.5M | $855.6M |
| EPS (diluted) | $3.83 | $3.27 | $3.17 | $3.79 | $3.66 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.82B | $1.21B | $1.37B | $1.43B | $1.80B | $1.33B | $1.44B | $1.50B |
| Net income | $465.6M | $78.2M | $125.0M | $171.3M | $475.0M | $84.3M | $151.5M | $215.0M |
| EPS (diluted) | $2.02 | $0.34 | $0.54 | $0.74 | $2.03 | $0.37 | $0.64 | $0.91 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.35B | $1.80B | $1.98B | $1.98B | $2.05B |
| Capital expenditure | -$1.97B | -$2.17B | -$2.33B | -$2.34B | -$2.80B |
| Free cash flow | -$620.8M | -$364.6M | -$353.8M | -$352.9M | -$751.7M |
| Dividends paid | -$497.9M | -$534.8M | -$569.6M | -$596.7M | -$613.1M |
| Net share buybacks | $112.5M | $0 | $0 | $0 | $1.1M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $21.8M
- Total assets
- $35.35B
- Total liabilities
- $25.08B
- Total debt
- $16.50B
- Net debt
- $16.48B
- Shareholders’ equity
- $10.22B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 18, 2026 | $0.70 | Sep 18, 2026 |
| May 22, 2026 | $0.70 | Jun 18, 2026 |
| Mar 10, 2026 | $0.70 | Mar 20, 2026 |
| Nov 21, 2025 | $0.70 | Dec 19, 2025 |
| Aug 22, 2025 | $0.67 | Sep 19, 2025 |
| May 23, 2025 | $0.67 | Jun 20, 2025 |
| Mar 10, 2025 | $0.67 | Mar 21, 2025 |
| Nov 21, 2024 | $0.67 | Dec 20, 2024 |
Short interest
- Shares sold short
- 20,229,839
- Days to cover
- 9.30
- Change vs previous report
- +10.5%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- May 22, 1987
- 2-for-1