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
- Diluted EPS over the last four quarters was $4.46, up 55.9% year over year.
- The shares trade at 17.2× trailing earnings, lower than 90% of the company's own readings over the past five years.
- Net debt is 6.1× 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.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 27%
- EPS growth (TTM, YoY)Top 9%
- FCF growth (TTM, YoY)Bottom 35%
- Revenue growth, 3-year CAGRTop 14%
- Revenue growth accelerationTop 34%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 44%
- Gross marginTop 11%
- Operating marginTop 11%
- Cash conversion (OCF / net income)Bottom 14%
- Accruals (lower is better)Bottom 19%
- Net debt / EBITDA (lower is better)Bottom 23%
- Interest coverTop 43%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 41%
- Free-cash-flow yieldBottom 43%
- EBITDA / enterprise valueBottom 11%
- Sales / enterprise valueBottom 6%
- P/E vs own 5-year history (lower is better)Top 28%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 27%
- 6-month returnBottom 17%
- 1-year return vs S&P 500Top 35%
- Distance from 52-week highBottom 24%
- Trend checklist (0–4)Bottom 32%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 40%
- Consecutive EPS beatsTop 35%
- Share of analysts rating BuyTop 20%
- Upside to consensus price targetTop 29%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 24%
- Maximum drawdown, 3 yearsBottom 44%
- Beta vs S&P 500 (lower is better)Bottom 32%
- Net debt / EBITDA (lower is better)Bottom 23%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 11.6% | 12.1% | ↑ |
| EPS growth (YoY) | 47.2% | 55.9% | ↑ |
| Gross margin | 62.0% | 71.8% | ↑ |
| Operating margin | 30.8% | 29.5% | ↓ |
| FCF margin | 14.4% | -35.1% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 12.1% | 11.6% | ↑ | Top 27% |
| EPS growth (TTM, YoY) | 55.9% | 47.2% | ↑ | Top 9% |
| Gross margin | 71.8% | 62.0% | ↑ | Top 11% |
| Operating margin | 29.5% | 30.8% | ↓ | Top 11% |
| Net margin | 32.0% | 22.8% | ↑ | — |
| Free-cash-flow margin | -35.1% | 14.4% | ↓ | — |
| Return on invested capital | 4.0% | — | Bottom 44% | |
| Revenue growth, 3-year CAGR | 9.4% | — | Top 14% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.48×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.9%
- 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.
- +11.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.06×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.09%
- Net buyback yield (TTM)
- -1.28%
- Shareholder yield
- 1.81%
- Share count change, 1 year
- +1.3%
- Share count change, 3-year CAGR
- +1.0%
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 24, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +5.7%
- Average 2-day reaction, last 8
- +0.9%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $97.50
- Target vs current price
- +26.9%
- Analysts with a rating
- 36
- Share rating Buy or Strong Buy
- 67%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 24, 2026 | +5.5% | -0.0% | -2.1% | -5.3% | — |
| Apr 23, 2026 | +5.8% | +6.9% | +4.6% | -1.9% | -2.2% |
| Jan 27, 2026 | -5.4% | +2.0% | +1.0% | +11.9% | +5.3% |
| Oct 28, 2025 | +16.9% | -2.9% | -4.9% | -2.1% | -1.4% |
| Jul 23, 2025 | +4.0% | -6.1% | -7.2% | -1.3% | +10.6% |
| Apr 23, 2025 | +2.2% | +0.9% | +0.9% | +11.7% | +14.0% |
| Jan 24, 2025 | +0.0% | +5.2% | +3.0% | +3.4% | -6.6% |
| Oct 23, 2024 | +5.1% | +1.5% | -4.9% | -7.9% | -15.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 24, 2026 | $1.15 | $1.09 | +5.5% | $7.53B |
| Apr 23, 2026 | $1.09 | $1.03 | +5.8% | $6.70B |
| Jan 27, 2026 | $0.53 | $0.56 | -5.4% | $6.50B |
| Oct 28, 2025 | $1.13 | $0.97 | +16.9% | $7.97B |
| Jul 23, 2025 | $1.05 | $1.01 | +4.0% | $6.70B |
| Apr 23, 2025 | $0.99 | $0.97 | +2.2% | $6.25B |
| Jan 24, 2025 | $0.53 | $0.53 | +0.0% | $5.38B |
| Oct 23, 2024 | $1.03 | $0.98 | +5.1% | $7.57B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 17.2× | 25.2× | 10th | Top 41% |
| P/E (forward) | 19.1× | — | — | — |
| EV / EBITDA | 15.1× | — | — | Bottom 11% |
| EV / Sales | 9.22× | — | — | Bottom 6% |
| Free-cash-flow yield | -6.35% | — | — | Bottom 43% |
| Earnings yield | 5.81% | — | — | Top 41% |
P/E over the past five years
Range 15.5× – 99.9× 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
- -2.3%
- Earnings per share growth (TTM)
- +55.9%
- Change in P/E multiple
- -20.9%
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)
- -4.1%
- 200-day average slope (20 days)
- -0.5%
- Distance from 50-day average
- -7.5%
- Distance from 200-day average
- -12.1%
- RSI (14)
- 32.8
- Relative volume
- 1.47×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 14.5%
- Volatility vs own 5-year history
- 1th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.26
- Correlation with S&P 500
- 0.17
- Current drawdown from 1-year high
- -21.5%
- Maximum drawdown, 3 years
- -25.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 31, 2021 | Oct 9, 2023 | -47.2% | 444 days | 589 days (Feb 13, 2026) |
| Apr 30, 2026 | Sep 28, 2026 | -22.9% | 103 days | Not yet recovered |
| Jan 25, 2021 | Mar 5, 2021 | -18.6% | 28 days | 177 days (Nov 15, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $160.27B
- P/E (TTM)
- 17.2
- EPS, diluted (TTM)
- $4.46
- Revenue (TTM)
- $29.02B
- Dividend yield
- 3.17%
- 52-week range
- $74.41 – $98.75
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $17.07B | $20.96B | $28.11B | $24.75B | $27.48B |
| Gross profit | $8.56B | $10.14B | $17.98B | $14.87B | $17.25B |
| Operating income | $2.91B | $4.08B | $10.24B | $7.48B | $8.28B |
| Net income | $3.57B | $4.15B | $7.31B | $6.95B | $6.83B |
| EPS (diluted) | $1.81 | $2.10 | $3.60 | $3.37 | $3.29 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.57B | $5.38B | $6.25B | $6.70B | $7.97B | $6.56B | $6.96B | $7.53B |
| Net income | $1.85B | $1.20B | $833.0M | $2.03B | $2.44B | $1.53B | $2.18B | $3.14B |
| EPS (diluted) | $0.90 | $0.58 | $0.40 | $0.98 | $1.18 | $0.73 | $1.04 | $1.51 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $7.55B | $8.26B | $11.30B | $13.26B | $12.48B |
| Capital expenditure | -$7.83B | -$9.74B | -$9.55B | -$8.51B | -$9.27B |
| Free cash flow | -$277.0M | -$1.48B | $1.75B | $4.75B | $3.21B |
| Dividends paid | -$3.02B | -$3.35B | -$3.78B | -$4.24B | -$4.68B |
| Net share buybacks | $14.0M | $1.46B | $4.51B | $48.0M | $2.04B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.87B
- Total assets
- $232.81B
- Total liabilities
- $164.65B
- Total debt
- $110.20B
- Net debt
- $107.33B
- Shareholders’ equity
- $57.13B
As of Jun 30, 2026 (filed Jul 24, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 28, 2026 | $0.62 | Sep 15, 2026 |
| Jun 5, 2026 | $0.62 | Jun 15, 2026 |
| Feb 27, 2026 | $0.62 | Mar 16, 2026 |
| Nov 21, 2025 | $0.57 | Dec 15, 2025 |
| Aug 28, 2025 | $0.57 | Sep 15, 2025 |
| Jun 2, 2025 | $0.57 | Jun 16, 2025 |
| Feb 28, 2025 | $0.57 | Mar 17, 2025 |
| Nov 22, 2024 | $0.52 | Dec 16, 2024 |
Short interest
- Shares sold short
- 56,562,423
- Days to cover
- 5.19
- Change vs previous report
- +13.5%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Oct 27, 2020
- 4-for-1
- Mar 16, 2005
- 2-for-1
- Jan 31, 1985
- 2-for-1