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
- Operating margin widened to 27.0% from 19.0% a year earlier.
- 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.
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.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 31%
- EPS growth (TTM, YoY)Top 41%
- Revenue growth, 3-year CAGRTop 24%
- Revenue growth accelerationTop 31%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 42%
- Gross marginTop 30%
- Operating marginTop 20%
- Cash conversion (OCF / net income)Top 18%
- Accruals (lower is better)Top 41%
- Net debt / EBITDA (lower is better)Top 45%
- Interest coverTop 19%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 47%
- Free-cash-flow yieldBottom 39%
- EBITDA / enterprise valueTop 40%
- Sales / enterprise valueTop 44%
- P/E vs own 5-year history (lower is better)Bottom 16%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 18%
- 6-month returnTop 29%
- 1-year return vs S&P 500Top 7%
- Distance from 52-week highTop 21%
- Trend checklist (0–4)Top 24%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 1%
- Consecutive EPS beatsBottom 14%
- Share of analysts rating BuyBottom 19%
- Upside to consensus price targetBottom 11%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 33%
- Maximum drawdown, 3 yearsTop 15%
- Beta vs S&P 500 (lower is better)Top 44%
- Net debt / EBITDA (lower is better)Top 45%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 4.8% | 5.7% | ↑ |
| EPS growth (YoY) | 6.6% | 7.4% | ↑ |
| Gross margin | 40.9% | 55.5% | ↑ |
| Operating margin | 19.0% | 27.0% | ↑ |
| FCF margin | -15.1% | -15.8% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 5.7% | 4.8% | ↑ | Bottom 31% |
| EPS growth (TTM, YoY) | 7.4% | 6.6% | ↑ | Top 41% |
| Gross margin | 55.5% | 40.9% | ↑ | Top 30% |
| Operating margin | 27.0% | 19.0% | ↑ | Top 20% |
| Net margin | 11.5% | 11.0% | ↑ | — |
| Free-cash-flow margin | -15.8% | -15.1% | ↓ | — |
| Return on invested capital | 4.2% | — | Top 42% | |
| Revenue growth, 3-year CAGR | 7.3% | — | Top 24% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.77×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.5%
- 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.
- +20.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.20×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.71%
- Net buyback yield (TTM)
- -0.72%
- Shareholder yield
- 2.99%
- Share count change, 1 year
- +2.2%
- Share count change, 3-year CAGR
- +3.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- +0.4%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $104.75
- Target vs current price
- +9.2%
- Analysts with a rating
- 25
- Share rating Buy or Strong Buy
- 28%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | -2.1% | +0.6% | -1.6% | -3.1% | — |
| May 4, 2026 | +1000.0% | -1.7% | -4.1% | -5.9% | -1.2% |
| Feb 25, 2026 | +160.0% | -0.3% | +1.9% | -2.1% | +1.9% |
| Nov 3, 2025 | +11.5% | +1.1% | -0.6% | +0.9% | +5.1% |
| Aug 6, 2025 | +0.0% | +0.2% | +0.1% | -3.9% | -3.5% |
| May 1, 2025 | -180.0% | -1.9% | -1.4% | -4.6% | -6.8% |
| Feb 25, 2025 | +80.6% | +1.1% | +2.2% | +1.1% | +0.5% |
| Nov 6, 2024 | -3.4% | +3.9% | +4.9% | +6.2% | +0.5% |
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 | $1.43 | $1.46 | -2.1% | $1.46B |
| May 4, 2026 | $0.27 | -$0.03 | +1000.0% | $1.15B |
| Feb 25, 2026 | $0.13 | $0.05 | +160.0% | $1.13B |
| Nov 3, 2025 | $3.39 | $3.04 | +11.5% | $1.82B |
| Aug 6, 2025 | $1.58 | $1.58 | +0.0% | $1.36B |
| May 1, 2025 | -$0.04 | $0.05 | -180.0% | $1.03B |
| Feb 25, 2025 | -$0.06 | -$0.31 | +80.6% | $1.10B |
| Nov 6, 2024 | $3.37 | $3.49 | -3.4% | $1.77B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 18.4× | 17.4× | 67th | Top 47% |
| P/E (forward) | 20.3× | — | — | — |
| EV / EBITDA | 10.5× | — | — | Top 40% |
| EV / Sales | 4.14× | — | — | Top 44% |
| Free-cash-flow yield | -7.56% | — | — | Bottom 39% |
| Earnings yield | 5.43% | — | — | Top 47% |
P/E over the past five years
Range 12.8× – 22.1× 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
- +9.2%
- Earnings per share growth (TTM)
- +7.4%
- Change in P/E multiple
- +2.0%
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)
- -5.0%
- 200-day average slope (20 days)
- +0.6%
- Distance from 50-day average
- -1.8%
- Distance from 200-day average
- -3.2%
- RSI (14)
- 52.9
- Relative volume
- 1.11×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 15.2%
- Volatility vs own 5-year history
- 7th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.16
- Correlation with S&P 500
- 0.14
- Current drawdown from 1-year high
- -12.3%
- Maximum drawdown, 3 years
- -16.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 10, 2020 | Oct 12, 2022 | -34.3% | 483 days | 483 days (Sep 16, 2024) |
| Jul 2, 2026 | Sep 24, 2026 | -16.7% | 58 days | Not yet recovered |
| Nov 27, 2024 | Jan 10, 2025 | -13.5% | 28 days | 54 days (Mar 31, 2025) |
| Apr 2, 2025 | Sep 18, 2025 | -10.0% | 116 days | 100 days (Feb 11, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $11.62B
- P/E (TTM)
- 18.4
- EPS, diluted (TTM)
- $5.21
- Revenue (TTM)
- $5.55B
- Dividend yield
- 3.79%
- 52-week range
- $86.18 – $111.16
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.80B | $4.32B | $4.70B | $5.12B | $5.34B |
| Gross profit | $1.70B | $1.71B | $1.84B | $2.14B | $1.36B |
| Operating income | $805.3M | $731.9M | $824.6M | $1.01B | $1.12B |
| Net income | $618.7M | $483.6M | $501.6M | $608.8M | $616.5M |
| EPS (diluted) | $5.47 | $4.26 | $4.41 | $5.24 | $5.05 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.77B | $1.10B | $1.03B | $1.36B | $1.82B | $1.13B | $1.15B | $1.46B |
| Net income | $395.0M | -$6.8M | -$4.6M | $192.6M | $413.2M | $15.4M | $32.9M | $178.6M |
| EPS (diluted) | $3.37 | -$0.06 | -$0.04 | $1.58 | $3.39 | $0.12 | $0.27 | $1.43 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $860.0M | $1.24B | $1.21B | $1.61B | $1.81B |
| Capital expenditure | -$1.47B | -$1.71B | -$1.85B | -$2.25B | -$2.62B |
| Free cash flow | -$613.5M | -$466.0M | -$638.7M | -$639.4M | -$819.5M |
| Dividends paid | -$369.5M | -$378.9M | -$386.5M | -$394.7M | -$422.8M |
| Net share buybacks | -$2.4M | -$2.7M | -$4.1M | $341.4M | $84.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $9.1M
- Total assets
- $32.58B
- Total liabilities
- $25.50B
- Total debt
- $11.37B
- Net debt
- $11.36B
- Shareholders’ equity
- $7.03B
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 3, 2026 | $0.91 | Sep 1, 2026 |
| May 4, 2026 | $0.91 | Jun 1, 2026 |
| Feb 2, 2026 | $0.91 | Mar 2, 2026 |
| Nov 3, 2025 | $0.91 | Dec 1, 2025 |
| Aug 1, 2025 | $0.90 | Sep 2, 2025 |
| May 5, 2025 | $0.90 | Jun 2, 2025 |
| Feb 3, 2025 | $0.90 | Mar 3, 2025 |
| Nov 4, 2024 | $0.90 | Dec 2, 2024 |
Short interest
- Shares sold short
- 10,345,769
- Days to cover
- 12.53
- Change vs previous report
- +6.2%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Apr 28, 2011
- 10-for-1