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 5.2× 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.
- The shares trade at 19.6× trailing earnings, higher than 81% of the company's own readings over the past five years.
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 10%
- EPS growth (TTM, YoY)Bottom 21%
- FCF growth (TTM, YoY)Bottom 17%
- Revenue growth, 3-year CAGRBottom 42%
- Revenue growth accelerationTop 30%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 43%
- Gross marginBottom 39%
- Operating marginBottom 25%
- Cash conversion (OCF / net income)Top 17%
- Accruals (lower is better)Top 19%
- Net debt / EBITDA (lower is better)Top 43%
- Interest coverTop 33%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 45%
- Free-cash-flow yieldBottom 32%
- EBITDA / enterprise valueBottom 37%
- Sales / enterprise valueTop 33%
- P/E vs own 5-year history (lower is better)Bottom 6%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 11%
- 6-month returnBottom 40%
- 1-year return vs S&P 500Top 16%
- Distance from 52-week highBottom 40%
- Trend checklist (0–4)Bottom 32%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 39%
- Consecutive EPS beatsBottom 39%
- Share of analysts rating BuyBottom 43%
- Upside to consensus price targetTop 24%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 48%
- Maximum drawdown, 3 yearsBottom 50%
- Beta vs S&P 500 (lower is better)Bottom 18%
- Net debt / EBITDA (lower is better)Top 43%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -2.1% | -1.1% | ↑ |
| EPS growth (YoY) | -28.3% | -9.3% | ↑ |
| Gross margin | 31.7% | 42.4% | ↑ |
| Operating margin | 14.7% | 17.0% | ↑ |
| FCF margin | 3.6% | -19.2% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -1.1% | -2.1% | ↑ | Bottom 10% |
| EPS growth (TTM, YoY) | -9.3% | -28.3% | ↑ | Bottom 21% |
| Gross margin | 42.4% | 31.7% | ↑ | Bottom 39% |
| Operating margin | 17.0% | 14.7% | ↑ | Bottom 25% |
| Net margin | 10.8% | 11.6% | ↓ | — |
| Free-cash-flow margin | -19.2% | 3.6% | ↓ | — |
| Return on invested capital | 3.9% | — | Bottom 43% | |
| Revenue growth, 3-year CAGR | 2.4% | — | Bottom 42% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.81×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.6%
- 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.
- -2.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.16×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.63%
- Net buyback yield (TTM)
- -4.93%
- Shareholder yield
- -1.31%
- Share count change, 1 year
- +3.2%
- Share count change, 3-year CAGR
- +1.3%
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 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +5.8%
- Average 2-day reaction, last 8
- -0.6%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $25.00
- Target vs current price
- +34.3%
- Analysts with a rating
- 19
- Share rating Buy or Strong Buy
- 42%
- 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 | +1.9% | +3.7% | +2.5% | -1.0% | — |
| May 7, 2026 | -7.1% | +0.7% | +1.4% | -5.2% | -9.9% |
| Feb 5, 2026 | +0.0% | -4.1% | -2.4% | +1.1% | +7.5% |
| Nov 6, 2025 | +28.6% | +4.7% | +7.6% | -1.2% | +6.2% |
| Aug 7, 2025 | -46.2% | -6.7% | -3.4% | -7.1% | +11.1% |
| May 8, 2025 | +11.1% | -0.6% | -4.5% | -4.7% | -0.4% |
| Feb 6, 2025 | +9.7% | -5.9% | -6.4% | -8.1% | -2.6% |
| Nov 7, 2024 | +23.1% | +3.3% | +7.7% | +14.9% | +6.1% |
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 | $0.09 | $0.09 | +1.9% | $375.2M |
| May 7, 2026 | $0.39 | $0.42 | -7.1% | $606.0M |
| Feb 5, 2026 | $0.37 | $0.37 | +0.0% | $534.0M |
| Nov 6, 2025 | $0.09 | $0.07 | +28.6% | $315.1M |
| Aug 7, 2025 | $0.07 | $0.13 | -46.2% | $351.2M |
| May 8, 2025 | $0.40 | $0.36 | +11.1% | $674.8M |
| Feb 6, 2025 | $0.34 | $0.31 | +9.7% | $535.5M |
| Nov 7, 2024 | $0.32 | $0.26 | +23.1% | $1.05B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 19.6× | 6.7× | 81th | Bottom 45% |
| P/E (forward) | 19.0× | — | — | — |
| EV / EBITDA | 13.1× | — | — | Bottom 37% |
| EV / Sales | 3.51× | — | — | Top 33% |
| Free-cash-flow yield | -9.02% | — | — | Bottom 32% |
| Earnings yield | 5.10% | — | — | Bottom 45% |
P/E over the past five years
Range 5.4× – 25.8× 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
- +5.9%
- Earnings per share growth (TTM)
- -9.3%
- Change in P/E multiple
- +40.2%
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)
- -4.4%
- 200-day average slope (20 days)
- -0.7%
- Distance from 50-day average
- -5.5%
- Distance from 200-day average
- -9.9%
- RSI (14)
- 38.8
- Relative volume
- 0.69×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 17.6%
- Volatility vs own 5-year history
- 6th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.50
- Correlation with S&P 500
- 0.28
- Current drawdown from 1-year high
- -18.4%
- Maximum drawdown, 3 years
- -22.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 7, 2021 | May 10, 2022 | -27.4% | 254 days | 472 days (Mar 27, 2024) |
| Nov 26, 2024 | Apr 8, 2025 | -22.6% | 89 days | 147 days (Nov 6, 2025) |
| May 11, 2026 | Sep 23, 2026 | -19.3% | 93 days | Not yet recovered |
| Jul 26, 2024 | Aug 12, 2024 | -11.4% | 11 days | 23 days (Sep 13, 2024) |
| Nov 11, 2025 | Dec 18, 2025 | -10.1% | 26 days | 53 days (Mar 9, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $3.89B
- P/E (TTM)
- 19.6
- EPS, diluted (TTM)
- $0.95
- Revenue (TTM)
- $1.83B
- Dividend yield
- 3.04%
- 52-week range
- $17.43 – $22.98
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.45B | $1.75B | $1.80B | $1.76B | $1.88B |
| Gross profit | $687.3M | $490.1M | $518.5M | $571.9M | $404.9M |
| Operating income | $331.1M | $200.9M | $224.9M | $265.6M | $290.4M |
| Net income | $378.1M | $367.5M | $414.7M | $281.1M | $190.4M |
| EPS (diluted) | $1.87 | $1.81 | $2.03 | $1.37 | $0.93 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $289.7M | $535.5M | $674.8M | $351.2M | $315.1M | $534.0M | $606.0M | $375.2M |
| Net income | $64.6M | $55.2M | $82.0M | $13.8M | $18.4M | $76.3M | $80.8M | $21.3M |
| EPS (diluted) | $0.32 | $0.26 | $0.40 | $0.07 | $0.09 | $0.37 | $0.39 | $0.10 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $495.8M | $510.1M | $332.6M | $502.3M | $473.4M |
| Capital expenditure | -$485.2M | -$442.6M | -$519.7M | -$522.8M | -$792.0M |
| Free cash flow | $10.6M | $67.5M | -$187.1M | -$20.5M | -$318.6M |
| Dividends paid | -$171.4M | -$176.9M | -$161.3M | -$102.9M | -$108.2M |
| Net share buybacks | $82.1M | -$7.4M | -$4.8M | -$50,000 | -$79,000 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $46.3M
- Total assets
- $7.71B
- Total liabilities
- $4.79B
- Total debt
- $2.58B
- Net debt
- $2.53B
- Shareholders’ equity
- $2.93B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 10, 2026 | $0.15 | Oct 1, 2026 |
| Jun 11, 2026 | $0.14 | Jul 1, 2026 |
| Mar 12, 2026 | $0.14 | Apr 1, 2026 |
| Dec 11, 2025 | $0.14 | Jan 1, 2026 |
| Sep 11, 2025 | $0.14 | Oct 1, 2025 |
| Jun 12, 2025 | $0.13 | Jul 1, 2025 |
| Mar 13, 2025 | $0.13 | Apr 1, 2025 |
| Dec 12, 2024 | $0.13 | Jan 1, 2025 |
Short interest
- Shares sold short
- 17,086,955
- Days to cover
- 9.21
- Change vs previous report
- +6.7%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Nov 1, 2024
- 361-for-200
- Jun 1, 2023
- 1,457-for-1,000
- Jul 27, 2006
- 3-for-2
- Oct 30, 2003
- 3-for-2
- Jul 14, 1998
- 3-for-2