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 5.5× 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 $6.88B, up 12.3% from a year earlier, slowing from 15.0% a quarter 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)Top 24%
- EPS growth (TTM, YoY)Bottom 40%
- Revenue growth, 3-year CAGRTop 40%
- Revenue growth accelerationBottom 26%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 27%
- Gross marginTop 39%
- Operating marginTop 21%
- Cash conversion (OCF / net income)Top 26%
- Accruals (lower is better)Top 30%
- Net debt / EBITDA (lower is better)Bottom 45%
- Interest coverTop 46%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 33%
- Free-cash-flow yieldBottom 45%
- EBITDA / enterprise valueTop 46%
- Sales / enterprise valueBottom 34%
- P/E vs own 5-year history (lower is better)Bottom 29%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 42%
- 6-month returnBottom 20%
- 1-year return vs S&P 500Bottom 47%
- Distance from 52-week highBottom 33%
- Trend checklist (0–4)Bottom 32%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 24%
- Consecutive EPS beatsTop 20%
- Share of analysts rating BuyTop 12%
- Upside to consensus price targetTop 30%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 50%
- Maximum drawdown, 3 yearsTop 38%
- Beta vs S&P 500 (lower is better)Bottom 30%
- Net debt / EBITDA (lower is better)Bottom 45%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 15.0% | 12.3% | ↓ |
| EPS growth (YoY) | 8.4% | -0.3% | ↓ |
| Gross margin | 50.2% | 50.8% | ↑ |
| Operating margin | 27.0% | 27.0% | ↓ |
| FCF margin | -10.7% | -15.8% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 12.3% | 15.0% | ↓ | Top 24% |
| EPS growth (TTM, YoY) | -0.3% | 8.4% | ↓ | Bottom 40% |
| Gross margin | 50.8% | 50.2% | ↑ | Top 39% |
| Operating margin | 27.0% | 27.0% | ↓ | Top 21% |
| Net margin | 13.2% | 14.5% | ↓ | — |
| Free-cash-flow margin | -15.8% | -10.7% | ↓ | — |
| Return on invested capital | 4.6% | — | Top 27% | |
| Revenue growth, 3-year CAGR | 4.3% | — | Top 40% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.54×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.7%
- 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.
- -2.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.46×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.96%
- Net buyback yield (TTM)
- -1.65%
- Shareholder yield
- 1.31%
- Share count change, 1 year
- +1.9%
- Share count change, 3-year CAGR
- +2.5%
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 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +0.1%
- Average 2-day reaction, last 8
- -0.5%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $49.86
- Target vs current price
- +26.5%
- Analysts with a rating
- 22
- Share rating Buy or Strong Buy
- 73%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +1.4% | -3.6% | -5.7% | -8.0% | — |
| May 6, 2026 | +1.0% | -1.4% | -2.1% | -5.5% | -7.8% |
| Feb 11, 2026 | +2.9% | -0.2% | +1.3% | +3.4% | +5.1% |
| Oct 29, 2025 | -5.0% | -2.1% | -1.2% | -0.6% | +1.2% |
| Aug 6, 2025 | +7.3% | -2.5% | -1.3% | -2.6% | -1.0% |
| May 7, 2025 | +9.4% | +2.8% | -3.9% | -0.7% | +8.2% |
| Feb 12, 2025 | +2.3% | +1.0% | +4.3% | +1.6% | +3.1% |
| Oct 30, 2024 | +25.0% | +2.1% | +2.4% | +11.1% | +5.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $0.16 | $0.16 | +1.4% | $1.34B |
| May 6, 2026 | $1.06 | $1.05 | +1.0% | $2.36B |
| Feb 11, 2026 | $0.51 | $0.50 | +2.9% | $1.90B |
| Oct 29, 2025 | $0.19 | $0.20 | -5.0% | $1.27B |
| Aug 6, 2025 | $0.22 | $0.21 | +7.3% | $1.28B |
| May 7, 2025 | $0.98 | $0.90 | +9.4% | $2.18B |
| Feb 12, 2025 | $0.49 | $0.48 | +2.3% | $1.59B |
| Oct 30, 2024 | $0.20 | $0.16 | +25.0% | $1.08B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 21.0× | 21.3× | 48th | Bottom 33% |
| P/E (forward) | 19.2× | — | — | — |
| EV / EBITDA | 11.4× | — | — | Top 46% |
| EV / Sales | 5.29× | — | — | Bottom 34% |
| Free-cash-flow yield | -5.75% | — | — | Bottom 45% |
| Earnings yield | 4.77% | — | — | Bottom 33% |
P/E over the past five years
Range 15.9× – 48.2× 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
- -8.5%
- Earnings per share growth (TTM)
- -0.3%
- Change in P/E multiple
- +2.8%
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)
- -5.9%
- 200-day average slope (20 days)
- -0.5%
- Distance from 50-day average
- -5.4%
- Distance from 200-day average
- -12.1%
- RSI (14)
- 37.1
- Relative volume
- 0.73×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 17.6%
- Volatility vs own 5-year history
- 38th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.27
- Correlation with S&P 500
- 0.22
- Current drawdown from 1-year high
- -19.7%
- Maximum drawdown, 3 years
- -20.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 6, 2022 | Oct 2, 2023 | -28.6% | 373 days | 224 days (Aug 22, 2024) |
| Jun 26, 2026 | Sep 30, 2026 | -20.5% | 66 days | Not yet recovered |
| Nov 10, 2020 | Jan 27, 2021 | -15.2% | 52 days | 53 days (Apr 14, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $18.90B
- P/E (TTM)
- 21.0
- EPS, diluted (TTM)
- $1.88
- Revenue (TTM)
- $6.88B
- Dividend yield
- 3.75%
- 52-week range
- $38.42 – $49.21
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $4.90B | $5.85B | $5.51B | $5.46B | $6.64B |
| Gross profit | $2.05B | $2.25B | $2.48B | $2.81B | $3.35B |
| Operating income | $1.01B | $1.27B | $1.30B | $1.46B | $1.83B |
| Net income | $584.9M | $804.1M | $714.3M | $760.4M | $929.5M |
| EPS (diluted) | $1.27 | $1.70 | $1.48 | $1.62 | $1.95 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.08B | $1.59B | $2.18B | $1.28B | $1.27B | $1.90B | $2.36B | $1.34B |
| Net income | $85.7M | $223.9M | $474.8M | $102.2M | $94.7M | $257.8M | $507.1M | $45.5M |
| EPS (diluted) | $0.19 | $0.48 | $1.00 | $0.22 | $0.20 | $0.53 | $1.06 | $0.09 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.22B | $1.41B | $1.94B | $1.78B | $2.36B |
| Capital expenditure | -$1.84B | -$2.20B | -$2.65B | -$2.64B | -$2.78B |
| Free cash flow | -$620.1M | -$793.7M | -$710.7M | -$861.5M | -$420.0M |
| Dividends paid | -$345.2M | -$381.5M | -$413.5M | -$481.0M | -$530.4M |
| Net share buybacks | $1.14B | $154.3M | $12.9M | $612.6M | $312.1M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $70.0M
- Total assets
- $37.54B
- Total liabilities
- $25.64B
- Total debt
- $17.57B
- Net debt
- $17.50B
- Shareholders’ equity
- $9.57B
As of Jun 30, 2026 (filed Aug 5, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 30, 2026 | $0.30 | Nov 20, 2026 |
| Jul 31, 2026 | $0.30 | Aug 20, 2026 |
| Apr 30, 2026 | $0.30 | May 20, 2026 |
| Feb 3, 2026 | $0.30 | Feb 20, 2026 |
| Oct 31, 2025 | $0.28 | Nov 20, 2025 |
| Jul 31, 2025 | $0.28 | Aug 20, 2025 |
| Apr 30, 2025 | $0.28 | May 20, 2025 |
| Feb 3, 2025 | $0.28 | Feb 20, 2025 |
Short interest
- Shares sold short
- 14,724,912
- Days to cover
- 3.09
- Change vs previous report
- +0.5%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 2, 2015
- 509-for-200
- Feb 23, 1998
- 2-for-1