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 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 $4.43B, up 6.8% 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.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 46%
- EPS growth (TTM, YoY)Bottom 35%
- Revenue growth, 3-year CAGRBottom 37%
- Revenue growth accelerationBottom 44%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 48%
- Gross marginBottom 38%
- Operating marginTop 50%
- Cash conversion (OCF / net income)Bottom 12%
- Accruals (lower is better)Bottom 13%
- Net debt / EBITDA (lower is better)Bottom 29%
- Interest coverBottom 24%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 37%
- Free-cash-flow yieldTop 37%
- EBITDA / enterprise valueBottom 20%
- Sales / enterprise valueBottom 14%
- P/E vs own 5-year history (lower is better)Bottom 36%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 41%
- 6-month returnBottom 43%
- 1-year return vs S&P 500Top 41%
- Distance from 52-week highBottom 46%
- Trend checklist (0–4)Bottom 32%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 38%
- Consecutive EPS beatsTop 20%
- Share of analysts rating BuyTop 35%
- Upside to consensus price targetBottom 49%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 42%
- Maximum drawdown, 3 yearsTop 27%
- Beta vs S&P 500 (lower is better)Top 27%
- Net debt / EBITDA (lower is better)Bottom 29%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 8.3% | 6.8% | ↓ |
| EPS growth (YoY) | 10.0% | -2.5% | ↓ |
| Gross margin | 42.0% | 42.0% | ↑ |
| Operating margin | 24.5% | 22.1% | ↓ |
| FCF margin | -30.3% | -5.9% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 6.8% | 8.3% | ↓ | Bottom 46% |
| EPS growth (TTM, YoY) | -2.5% | 10.0% | ↓ | Bottom 35% |
| Gross margin | 42.0% | 42.0% | ↑ | Bottom 38% |
| Operating margin | 22.1% | 24.5% | ↓ | Top 50% |
| Net margin | 18.4% | 20.1% | ↓ | — |
| Free-cash-flow margin | -5.9% | -30.3% | ↑ | — |
| Return on invested capital | 4.0% | — | Bottom 48% | |
| Revenue growth, 3-year CAGR | 1.2% | — | Bottom 37% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.42×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.3%
- 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.
- -25.6 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.
- 1.8×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.21%
- Net buyback yield (TTM)
- -0.56%
- Shareholder yield
- 2.65%
- Share count change, 1 year
- +1.4%
- Share count change, 3-year CAGR
- +1.2%
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
- 3
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +3.2%
- Average 2-day reaction, last 8
- +0.2%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $77.00
- Target vs current price
- +19.7%
- Analysts with a rating
- 23
- Share rating Buy or Strong Buy
- 52%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +12.3% | -1.5% | -2.5% | -4.3% | — |
| Apr 30, 2026 | +3.4% | +2.0% | +0.4% | +0.2% | +2.7% |
| Feb 19, 2026 | +2.4% | +0.7% | +2.5% | +3.2% | +4.2% |
| Nov 6, 2025 | -5.1% | -0.2% | +1.9% | -1.7% | -0.5% |
| Aug 7, 2025 | +5.9% | +0.5% | -0.6% | -1.6% | +3.3% |
| May 8, 2025 | +21.0% | -1.1% | -2.2% | -2.4% | +7.3% |
| Feb 20, 2025 | +2.8% | -0.0% | +3.8% | +3.0% | +0.1% |
| Oct 31, 2024 | +4.5% | +1.2% | -3.8% | +7.3% | -1.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $0.65 | $0.58 | +12.3% | $971.0M |
| Apr 30, 2026 | $0.82 | $0.79 | +3.4% | $1.18B |
| Feb 19, 2026 | $0.60 | $0.59 | +2.4% | $1.06B |
| Nov 6, 2025 | $1.12 | $1.18 | -5.1% | $1.21B |
| Aug 7, 2025 | $0.68 | $0.64 | +5.9% | $961.0M |
| May 8, 2025 | $0.83 | $0.69 | +21.0% | $1.13B |
| Feb 20, 2025 | $0.70 | $0.68 | +2.8% | $976.0M |
| Oct 31, 2024 | $1.15 | $1.10 | +4.5% | $1.08B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 20.4× | 21.7× | 33th | Bottom 37% |
| P/E (forward) | 18.8× | — | — | — |
| EV / EBITDA | 13.9× | — | — | Bottom 20% |
| EV / Sales | 6.48× | — | — | Bottom 14% |
| Free-cash-flow yield | -1.56% | — | — | Top 37% |
| Earnings yield | 4.91% | — | — | Bottom 37% |
P/E over the past five years
Range 17.4× – 24.4× 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
- -4.1%
- Earnings per share growth (TTM)
- -2.5%
- Change in P/E multiple
- +10.6%
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)
- -5.7%
- 200-day average slope (20 days)
- -0.2%
- Distance from 50-day average
- -5.6%
- Distance from 200-day average
- -8.5%
- RSI (14)
- 39.2
- Relative volume
- 2.00×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 16.4%
- Volatility vs own 5-year history
- 19th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.09
- Correlation with S&P 500
- 0.07
- Current drawdown from 1-year high
- -17.6%
- Maximum drawdown, 3 years
- -19.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 6, 2022 | Oct 2, 2023 | -29.0% | 373 days | 354 days (Mar 3, 2025) |
| Nov 11, 2020 | Feb 26, 2021 | -19.6% | 72 days | 36 days (Apr 20, 2021) |
| Jul 2, 2026 | Sep 28, 2026 | -19.0% | 60 days | Not yet recovered |
| Aug 20, 2021 | Oct 11, 2021 | -12.1% | 35 days | 117 days (Mar 29, 2022) |
| Mar 3, 2025 | Apr 8, 2025 | -11.0% | 26 days | 80 days (Aug 4, 2025) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $16.61B
- P/E (TTM)
- 20.4
- EPS, diluted (TTM)
- $3.16
- Revenue (TTM)
- $4.43B
- Dividend yield
- 3.28%
- 52-week range
- $62.54 – $78.81
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.67B | $4.21B | $4.03B | $3.98B | $4.36B |
| Gross profit | $1.56B | $1.71B | $1.73B | $1.78B | $1.75B |
| Operating income | $795.0M | $928.0M | $943.0M | $886.0M | $1.02B |
| Net income | $674.0M | $686.0M | $703.0M | $690.0M | $810.0M |
| EPS (diluted) | $2.63 | $2.73 | $2.78 | $2.69 | $3.14 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.08B | $976.0M | $1.13B | $961.0M | $1.21B | $1.06B | $1.18B | $971.0M |
| Net income | $295.0M | $150.0M | $213.0M | $174.0M | $281.0M | $142.0M | $224.0M | $170.0M |
| EPS (diluted) | $1.15 | $0.58 | $0.83 | $0.68 | $1.09 | $0.55 | $0.87 | $0.65 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $582.0M | $486.0M | $867.0M | $1.17B | $1.17B |
| Capital expenditure | -$1.17B | -$1.48B | -$1.85B | -$2.25B | -$2.48B |
| Free cash flow | -$587.0M | -$998.0M | -$987.0M | -$1.08B | -$1.31B |
| Dividends paid | -$403.0M | -$428.0M | -$456.0M | -$492.0M | -$521.0M |
| Net share buybacks | -$172.0M | $25.0M | $246.0M | $23.0M | $23.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $25.0M
- Total assets
- $25.32B
- Total liabilities
- $17.79B
- Total debt
- $12.12B
- Net debt
- $12.09B
- Shareholders’ equity
- $7.53B
As of Jun 30, 2026 (filed Jul 31, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Jul 31, 2026 | $0.54 | Aug 17, 2026 |
| Apr 30, 2026 | $0.54 | May 15, 2026 |
| Jan 30, 2026 | $0.54 | Feb 17, 2026 |
| Oct 31, 2025 | $0.51 | Nov 17, 2025 |
| Jul 31, 2025 | $0.51 | Aug 15, 2025 |
| Apr 30, 2025 | $0.51 | May 15, 2025 |
| Jan 31, 2025 | $0.51 | Feb 18, 2025 |
| Oct 31, 2024 | $0.48 | Nov 15, 2024 |
Short interest
- Shares sold short
- 25,496,901
- Days to cover
- 12.73
- Change vs previous report
- +2.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- May 20, 2016
- 2-for-1
- Sep 26, 1988
- 2-for-1