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 4.3× 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 $3.24B, up 0.6% from a year earlier, slowing from 4.1% 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.
Growth1Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 16%
- EPS growth (TTM, YoY)Bottom 26%
- Revenue growth, 3-year CAGRBottom 20%
- Revenue growth accelerationBottom 17%
Quality87Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 20%
- Gross marginTop 33%
- Operating marginTop 28%
- Cash conversion (OCF / net income)Bottom 31%
- Accruals (lower is better)Bottom 50%
- Net debt / EBITDA (lower is better)Top 26%
- Interest coverTop 11%
Value49Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 42%
- Free-cash-flow yieldTop 6%
- EBITDA / enterprise valueTop 44%
- Sales / enterprise valueBottom 41%
- P/E vs own 5-year history (lower is better)Bottom 10%
Momentum69Positive
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 39%
- 6-month returnTop 37%
- 1-year return vs S&P 500Top 33%
- Distance from 52-week highTop 13%
- Trend checklist (0–4)Bottom 33%
Revisions9Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 32%
- Consecutive EPS beatsBottom 39%
- Share of analysts rating BuyBottom 30%
- Upside to consensus price targetBottom 16%
Stability83Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 39%
- Maximum drawdown, 3 yearsTop 1%
- Beta vs S&P 500 (lower is better)Bottom 34%
- Net debt / EBITDA (lower is better)Top 26%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 4.1% | 0.6% | ↓ |
| EPS growth (YoY) | -7.0% | -6.6% | ↑ |
| Gross margin | 46.0% | 53.6% | ↑ |
| Operating margin | 25.4% | 24.2% | ↓ |
| FCF margin | -7.2% | 37.4% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 0.6% | 4.1% | ↓ | Bottom 16% |
| EPS growth (TTM, YoY) | -6.6% | -7.0% | ↑ | Bottom 26% |
| Gross margin | 53.6% | 46.0% | ↑ | Top 33% |
| Operating margin | 24.2% | 25.4% | ↓ | Top 28% |
| Net margin | 14.6% | 15.3% | ↓ | — |
| Free-cash-flow margin | 37.4% | -7.2% | ↑ | — |
| Return on invested capital | 4.9% | — | Top 20% | |
| Revenue growth, 3-year CAGR | -1.2% | — | Bottom 20% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +28.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 4.31×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 4.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.80%
- Net buyback yield (TTM)
- -2.11%
- Shareholder yield
- -0.30%
- Share count change, 1 year
- +2.8%
- Share count change, 3-year CAGR
- +1.1%
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 29, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +2.3%
- Average 2-day reaction, last 8
- -0.3%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $49.60
- Target vs current price
- +10.3%
- Analysts with a rating
- 24
- Share rating Buy or Strong Buy
- 38%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +1.1% | -3.1% | -3.9% | -6.8% | — |
| Apr 29, 2026 | +0.0% | -0.5% | +0.5% | +1.2% | +5.0% |
| Feb 18, 2026 | +10.0% | -0.9% | +3.2% | +2.8% | +0.9% |
| Oct 29, 2025 | -1.7% | -2.2% | -2.4% | -1.2% | -4.7% |
| Jul 29, 2025 | -3.6% | +1.6% | +3.8% | +2.1% | +5.5% |
| Apr 30, 2025 | +40.9% | -0.7% | -1.0% | -4.4% | -1.9% |
| Feb 18, 2025 | +8.5% | +0.8% | +3.7% | +3.1% | -1.1% |
| Nov 5, 2024 | -3.5% | +3.0% | +9.9% | +7.5% | +6.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $0.56 | $0.55 | +1.1% | $711.9M |
| Apr 29, 2026 | $0.24 | $0.24 | +0.0% | $752.6M |
| Feb 18, 2026 | $0.33 | $0.30 | +10.0% | $725.8M |
| Oct 29, 2025 | $1.14 | $1.16 | -1.7% | $1.04B |
| Jul 29, 2025 | $0.53 | $0.55 | -3.6% | $741.6M |
| Apr 30, 2025 | $0.31 | $0.22 | +40.9% | $747.7M |
| Feb 18, 2025 | $0.51 | $0.47 | +8.5% | $760.5M |
| Nov 5, 2024 | $1.09 | $1.13 | -3.5% | $965.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 19.7× | 17.8× | 76th | Bottom 42% |
| P/E (forward) | 18.5× | — | — | — |
| EV / EBITDA | 11.2× | — | — | Top 44% |
| EV / Sales | 4.70× | — | — | Bottom 41% |
| Free-cash-flow yield | 12.91% | — | — | Top 6% |
| Earnings yield | 5.07% | — | — | Bottom 42% |
P/E over the past five years
Range 8.0× – 21.2× 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
- -1.1%
- Earnings per share growth (TTM)
- -6.6%
- Change in P/E multiple
- +13.9%
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)
- -2.8%
- 200-day average slope (20 days)
- +0.4%
- Distance from 50-day average
- -3.0%
- Distance from 200-day average
- -3.7%
- RSI (14)
- 41.8
- Relative volume
- 1.50×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 16.0%
- Volatility vs own 5-year history
- 26th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.24
- Correlation with S&P 500
- 0.20
- Current drawdown from 1-year high
- -10.0%
- Maximum drawdown, 3 years
- -11.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Aug 19, 2022 | Oct 2, 2023 | -25.3% | 280 days | 279 days (Nov 8, 2024) |
| Apr 20, 2022 | Jun 17, 2022 | -17.3% | 41 days | 39 days (Aug 15, 2022) |
| Nov 24, 2020 | Feb 26, 2021 | -15.8% | 63 days | 72 days (Jun 10, 2021) |
| Jul 24, 2026 | Sep 24, 2026 | -11.3% | 43 days | Not yet recovered |
| Oct 15, 2025 | Jan 7, 2026 | -10.4% | 57 days | 30 days (Feb 20, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $9.37B
- P/E (TTM)
- 19.7
- EPS, diluted (TTM)
- $2.28
- Revenue (TTM)
- $3.24B
- Dividend yield
- 3.79%
- 52-week range
- $41.70 – $50.59
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.65B | $3.38B | $2.67B | $2.99B | $3.26B |
| Gross profit | $1.06B | $1.21B | $1.26B | $1.39B | $1.44B |
| Operating income | $544.2M | $649.5M | $650.2M | $745.3M | $799.4M |
| Net income | $737.3M | $665.7M | $416.8M | $441.5M | $470.7M |
| EPS (diluted) | $3.68 | $3.32 | $2.07 | $2.19 | $2.32 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $965.4M | $760.5M | $747.7M | $741.6M | $1.04B | $725.8M | $752.6M | $711.9M |
| Net income | $218.7M | $101.9M | $62.7M | $107.5M | $231.3M | $69.2M | $50.2M | $120.1M |
| EPS (diluted) | $1.09 | $0.51 | $0.31 | $0.53 | $1.14 | $0.34 | $0.24 | $0.56 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$229.9M | $952.4M | $1.23B | $812.8M | $1.14B |
| Capital expenditure | -$778.5M | -$1.05B | -$1.18B | -$1.09B | -$1.05B |
| Free cash flow | -$1.01B | -$98.5M | $54.1M | -$278.1M | $82.7M |
| Dividends paid | -$324.9M | -$329.3M | -$333.2M | -$1.5M | -$341.9M |
| Net share buybacks | $0 | $0 | $0 | $17.1M | $196.5M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $900,000
- Total assets
- $14.63B
- Total liabilities
- $9.65B
- Total debt
- $5.84B
- Net debt
- $5.84B
- Shareholders’ equity
- $4.98B
As of Jun 30, 2026 (filed Jul 29, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 5, 2026 | $0.43 | Oct 30, 2026 |
| Jul 6, 2026 | $0.43 | Jul 31, 2026 |
| Apr 6, 2026 | $0.43 | Apr 24, 2026 |
| Jan 5, 2026 | $0.43 | Jan 30, 2026 |
| Oct 6, 2025 | $0.43 | Oct 31, 2025 |
| Jul 7, 2025 | $0.42 | Jul 25, 2025 |
| Apr 7, 2025 | $0.42 | Apr 25, 2025 |
| Jan 6, 2025 | $0.42 | Jan 31, 2025 |
Short interest
- Shares sold short
- 10,890,005
- Days to cover
- 6.85
- Change vs previous report
- +0.5%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 2, 2013
- 2-for-1
- Jun 16, 1998
- 2-for-1