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 $3.81, up 73.2% year over year.
- Net debt is 5.5× EBITDA, a high level of leverage.
- Revenue over the last four quarters was $36.75B, up 25.1% from a year earlier, accelerating from 10.7% 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 6, 2026.
Growth96Exceptional
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 8%
- EPS growth (TTM, YoY)Top 5%
- FCF growth (TTM, YoY)Top 30%
- Revenue growth, 3-year CAGRBottom 22%
- Revenue growth accelerationTop 2%
Quality30Weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 12%
- Gross marginBottom 10%
- Operating marginBottom 11%
- Cash conversion (OCF / net income)Bottom 26%
- Accruals (lower is better)Bottom 16%
- Net debt / EBITDA (lower is better)Bottom 44%
- Interest coverTop 3%
Value57Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 20%
- Free-cash-flow yieldTop 23%
- EBITDA / enterprise valueTop 37%
- Sales / enterprise valueTop 4%
- P/E vs own 5-year history (lower is better)Bottom 15%
Momentum3Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 2%
- 6-month returnBottom 4%
- 1-year return vs S&P 500Bottom 2%
- Distance from 52-week highBottom 8%
- Trend checklist (0–4)Bottom 33%
Revisions56Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 28%
- Consecutive EPS beatsBottom 14%
- Share of analysts rating BuyTop 19%
- Upside to consensus price targetTop 6%
Stability11Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 10%
- Maximum drawdown, 3 yearsBottom 17%
- Beta vs S&P 500 (lower is better)Bottom 7%
- Net debt / EBITDA (lower is better)Bottom 44%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 10.7% | 25.1% | ↑ |
| EPS growth (YoY) | -86.3% | 73.2% | ↑ |
| Gross margin | 17.3% | 16.4% | ↓ |
| Operating margin | 4.5% | 5.4% | ↑ |
| FCF margin | 4.7% | 0.9% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 25.1% | 10.7% | ↑ | Top 8% |
| EPS growth (TTM, YoY) | 73.2% | -86.3% | ↑ | Top 5% |
| Gross margin | 16.4% | 17.3% | ↓ | Bottom 10% |
| Operating margin | 5.4% | 4.5% | ↑ | Bottom 11% |
| Net margin | 2.3% | 1.8% | ↑ | — |
| Free-cash-flow margin | 0.9% | 4.7% | ↓ | — |
| Return on invested capital | 5.4% | — | Top 12% | |
| Revenue growth, 3-year CAGR | -0.9% | — | Bottom 22% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.83×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -21.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.51×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 15.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.18%
- Net buyback yield (TTM)
- 1.62%
- Shareholder yield
- 3.80%
- Share count change, 1 year
- +7.1%
- Share count change, 3-year CAGR
- -3.3%
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 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- +1.6%
- Average 2-day reaction, last 8
- +0.7%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $202.90
- Target vs current price
- +109.6%
- Analysts with a rating
- 27
- Share rating Buy or Strong Buy
- 70%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | -11.8% | -15.5% | -14.1% | -20.5% | — |
| May 6, 2026 | -16.4% | -4.3% | -12.8% | -15.0% | -14.7% |
| Feb 24, 2026 | +6.0% | +4.3% | -0.5% | -14.0% | -29.9% |
| Nov 6, 2025 | +28.5% | -1.8% | -2.5% | -2.2% | -12.1% |
| Aug 6, 2025 | -3.4% | -13.6% | -8.9% | -14.6% | +3.8% |
| May 12, 2025 | +53.1% | +26.2% | +33.4% | +29.9% | +24.5% |
| Feb 26, 2025 | -24.0% | +10.6% | -2.1% | -0.2% | +51.8% |
| Nov 8, 2024 | -5.0% | -0.3% | -4.9% | +3.0% | +7.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $1.49 | $1.69 | -11.8% | $7.48B |
| May 6, 2026 | $1.48 | $1.77 | -16.4% | $10.29B |
| Feb 24, 2026 | $1.03 | $0.97 | +6.0% | $7.76B |
| Nov 6, 2025 | $2.75 | $2.14 | +28.5% | $7.63B |
| Aug 6, 2025 | $1.68 | $1.74 | -3.4% | $6.74B |
| May 12, 2025 | $2.68 | $1.75 | +53.1% | $8.59B |
| Feb 26, 2025 | $1.52 | $2.00 | -24.0% | $6.86B |
| Nov 8, 2024 | $1.90 | $2.00 | -5.0% | $7.22B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 25.4× | 10.4× | 71th | Bottom 20% |
| P/E (forward) | 10.9× | — | — | — |
| EV / EBITDA | 10.3× | — | — | Top 37% |
| EV / Sales | 1.18× | — | — | Top 4% |
| Free-cash-flow yield | 1.73% | — | — | Top 23% |
| Earnings yield | 3.94% | — | — | Bottom 20% |
P/E over the past five years
Range 2.5× – 177.2× 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
- -42.1%
- Earnings per share growth (TTM)
- +73.2%
- Change in P/E multiple
- -54.5%
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)
- -11.1%
- 200-day average slope (20 days)
- -4.2%
- Distance from 50-day average
- -14.6%
- Distance from 200-day average
- -31.1%
- RSI (14)
- 35.2
- Relative volume
- 1.11×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 56.6%
- Volatility vs own 5-year history
- 89th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.41
- Correlation with S&P 500
- 0.43
- Current drawdown from 1-year high
- -47.4%
- Maximum drawdown, 3 years
- -48.3%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 24, 2026 | Oct 2, 2026 | -48.3% | 153 days | Not yet recovered |
| May 25, 2022 | Mar 15, 2023 | -34.2% | 201 days | 169 days (Nov 14, 2023) |
| Mar 15, 2021 | May 28, 2021 | -26.8% | 53 days | 60 days (Aug 24, 2021) |
| Feb 26, 2025 | Apr 4, 2025 | -26.2% | 27 days | 18 days (May 1, 2025) |
| Sep 2, 2021 | Nov 9, 2021 | -23.6% | 47 days | 131 days (May 18, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $20.09B
- P/E (TTM)
- 25.4
- EPS, diluted (TTM)
- $3.81
- Revenue (TTM)
- $36.75B
- Dividend yield
- 1.93%
- 52-week range
- $93.36 – $189.96
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $26.99B | $31.54B | $28.82B | $28.13B | $30.71B |
| Gross profit | $6.51B | $4.10B | $2.30B | $6.03B | $6.71B |
| Operating income | $3.34B | $2.02B | $384.0M | $2.42B | $1.85B |
| Net income | $2.19B | $1.22B | -$202.0M | $1.13B | $864.0M |
| EPS (diluted) | $8.93 | $5.17 | -$1.12 | $4.99 | $4.01 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.22B | $6.82B | $8.59B | $6.74B | $7.63B | $7.75B | $10.30B | $11.06B |
| Net income | -$767.0M | $643.0M | $750.0M | -$104.0M | $152.0M | $66.0M | $125.0M | $506.0M |
| EPS (diluted) | -$3.79 | $3.00 | $3.61 | -$0.62 | $0.69 | $0.26 | $0.52 | $2.34 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $493.0M | $360.0M | -$221.0M | $2.31B | $1.91B |
| Capital expenditure | -$269.0M | -$367.0M | -$598.0M | -$472.0M | -$1.15B |
| Free cash flow | $224.0M | -$7.0M | -$819.0M | $1.83B | $766.0M |
| Dividends paid | -$319.0M | -$332.0M | -$381.0M | -$405.0M | -$411.0M |
| Net share buybacks | -$47.0M | -$606.0M | -$537.0M | -$935.0M | -$1.40B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $162.0M
- Total assets
- $39.94B
- Total liabilities
- $35.09B
- Total debt
- $23.47B
- Net debt
- $23.30B
- Shareholders’ equity
- $4.86B
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 3, 2026 | $0.48 | Aug 17, 2026 |
| May 1, 2026 | $0.48 | May 15, 2026 |
| Feb 2, 2026 | $0.48 | Feb 17, 2026 |
| Nov 3, 2025 | $0.44 | Nov 17, 2025 |
| Aug 1, 2025 | $0.44 | Aug 15, 2025 |
| May 1, 2025 | $0.44 | May 15, 2025 |
| Feb 3, 2025 | $0.44 | Feb 18, 2025 |
| Nov 1, 2024 | $0.41 | Nov 15, 2024 |
Short interest
- Shares sold short
- 5,836,515
- Days to cover
- 2.16
- Change vs previous report
- -2.5%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jun 1, 2007
- 2-for-1