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 5.2× EBITDA, a high level of leverage.
- The shares trade at 20.2× trailing earnings, lower than 86% of the company's own readings over the past five years.
- 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 5, 2026.
Growth27Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 35%
- EPS growth (TTM, YoY)Top 47%
- Revenue growth, 3-year CAGRBottom 32%
- Revenue growth accelerationBottom 38%
Quality53Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 46%
- Gross marginBottom 42%
- Operating marginTop 33%
- Cash conversion (OCF / net income)Top 49%
- Accruals (lower is better)Top 43%
- Net debt / EBITDA (lower is better)Bottom 49%
- Interest coverBottom 43%
Value56Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 39%
- Free-cash-flow yieldTop 17%
- EBITDA / enterprise valueBottom 49%
- Sales / enterprise valueBottom 28%
- P/E vs own 5-year history (lower is better)Top 36%
Momentum32Weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 35%
- 6-month returnBottom 31%
- 1-year return vs S&P 500Bottom 38%
- Distance from 52-week highTop 49%
- Trend checklist (0–4)Bottom 32%
Revisions36Weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 35%
- Consecutive EPS beatsTop 35%
- Share of analysts rating BuyBottom 23%
- Upside to consensus price targetBottom 27%
Stability94Exceptional
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 21%
- Maximum drawdown, 3 yearsTop 20%
- Beta vs S&P 500 (lower is better)Top 14%
- Net debt / EBITDA (lower is better)Bottom 49%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 8.3% | 6.4% | ↓ |
| EPS growth (YoY) | -6.2% | 6.7% | ↑ |
| Gross margin | 48.8% | 43.4% | ↓ |
| Operating margin | 25.4% | 24.2% | ↓ |
| FCF margin | -5.5% | 8.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 6.4% | 8.3% | ↓ | Bottom 35% |
| EPS growth (TTM, YoY) | 6.7% | -6.2% | ↑ | Top 47% |
| Gross margin | 43.4% | 48.8% | ↓ | Bottom 42% |
| Operating margin | 24.2% | 25.4% | ↓ | Top 33% |
| Net margin | 15.4% | 15.1% | ↑ | — |
| Free-cash-flow margin | 8.5% | -5.5% | ↑ | — |
| Return on invested capital | 4.1% | — | Top 46% | |
| Revenue growth, 3-year CAGR | 0.3% | — | Bottom 32% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.20×
- 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.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -15.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.22×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.22%
- Net buyback yield (TTM)
- -1.73%
- Shareholder yield
- 1.48%
- Share count change, 1 year
- +3.3%
- Share count change, 3-year CAGR
- +1.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +6.4%
- Average 2-day reaction, last 8
- +1.3%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $97.00
- Target vs current price
- +15.9%
- Analysts with a rating
- 34
- Share rating Buy or Strong Buy
- 32%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +11.9% | -1.8% | -3.1% | -6.5% | — |
| Apr 30, 2026 | +9.1% | +3.4% | +0.0% | -1.1% | +3.2% |
| Feb 19, 2026 | -1.4% | +4.4% | +5.4% | +6.0% | +2.9% |
| Oct 30, 2025 | +6.0% | +1.7% | -2.2% | -3.5% | -5.0% |
| Jul 31, 2025 | +4.0% | -0.4% | -0.2% | -1.7% | +1.3% |
| May 1, 2025 | +2.5% | -0.5% | +0.2% | -3.4% | +2.6% |
| Feb 20, 2025 | -1.2% | +1.5% | +2.6% | +3.6% | +1.0% |
| Oct 31, 2024 | +6.7% | +1.9% | -2.2% | +0.4% | -7.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $1.13 | $1.01 | +11.9% | $6.98B |
| Apr 30, 2026 | $1.32 | $1.21 | +9.1% | $8.40B |
| Feb 19, 2026 | $0.55 | $0.56 | -1.4% | $6.98B |
| Oct 30, 2025 | $1.60 | $1.51 | +6.0% | $7.82B |
| Jul 31, 2025 | $0.91 | $0.88 | +4.0% | $6.97B |
| May 1, 2025 | $1.23 | $1.20 | +2.5% | $7.78B |
| Feb 20, 2025 | $0.50 | $0.51 | -1.2% | $6.34B |
| Oct 31, 2024 | $1.43 | $1.34 | +6.7% | $7.27B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 20.2× | 22.7× | 14th | Bottom 39% |
| P/E (forward) | 18.2× | — | — | — |
| EV / EBITDA | 12.0× | — | — | Bottom 49% |
| EV / Sales | 5.65× | — | — | Bottom 28% |
| Free-cash-flow yield | 2.67% | — | — | Top 17% |
| Earnings yield | 4.95% | — | — | Bottom 39% |
P/E over the past five years
Range 18.5× – 35.1× 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
- -11.7%
- Earnings per share growth (TTM)
- +6.7%
- Change in P/E multiple
- -6.4%
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)
- -4.5%
- 200-day average slope (20 days)
- -0.3%
- Distance from 50-day average
- -6.3%
- Distance from 200-day average
- -9.2%
- RSI (14)
- 34.9
- Relative volume
- 1.21×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 14.3%
- Volatility vs own 5-year history
- 10th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- -0.04
- Correlation with S&P 500
- -0.04
- Current drawdown from 1-year high
- -16.0%
- Maximum drawdown, 3 years
- -17.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Aug 19, 2022 | Oct 12, 2022 | -23.3% | 37 days | 411 days (Jun 3, 2024) |
| Oct 15, 2025 | Sep 28, 2026 | -17.4% | 238 days | Not yet recovered |
| Apr 6, 2022 | Jun 17, 2022 | -14.5% | 50 days | 28 days (Jul 29, 2022) |
| Oct 23, 2024 | Jan 6, 2025 | -14.0% | 50 days | 133 days (Jul 21, 2025) |
| Nov 10, 2020 | Feb 26, 2021 | -11.6% | 73 days | 33 days (Apr 15, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $96.31B
- P/E (TTM)
- 20.2
- EPS, diluted (TTM)
- $4.14
- Revenue (TTM)
- $30.18B
- Dividend yield
- 3.58%
- 52-week range
- $81.69 – $100.84
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $23.11B | $29.28B | $25.25B | $26.72B | $29.55B |
| Gross profit | $10.25B | $10.63B | $11.71B | $13.34B | $8.81B |
| Operating income | $3.70B | $5.37B | $5.83B | $7.07B | $7.27B |
| Net income | $2.41B | $3.54B | $3.98B | $4.40B | $4.34B |
| EPS (diluted) | $2.26 | $3.26 | $3.62 | $3.99 | $3.92 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.27B | $6.34B | $7.78B | $6.97B | $7.82B | $6.98B | $8.40B | $6.98B |
| Net income | $1.53B | $534.0M | $1.33B | $880.0M | $1.71B | $416.0M | $1.36B | $1.17B |
| EPS (diluted) | $1.39 | $0.48 | $1.21 | $0.80 | $1.54 | $0.37 | $1.20 | $1.03 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $6.17B | $6.30B | $7.55B | $9.79B | $9.80B |
| Capital expenditure | -$7.24B | -$7.92B | -$9.10B | -$8.96B | -$12.74B |
| Free cash flow | -$1.07B | -$1.62B | -$1.54B | $833.0M | -$2.94B |
| Dividends paid | -$2.78B | -$2.91B | -$3.04B | -$2.95B | -$3.02B |
| Net share buybacks | $73.0M | $1.51B | $36.0M | $143.0M | $1.62B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.98B
- Total assets
- $162.03B
- Total liabilities
- $119.69B
- Total debt
- $77.09B
- Net debt
- $74.10B
- Shareholders’ equity
- $39.57B
As of Jun 30, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 17, 2026 | $0.76 | Sep 8, 2026 |
| May 18, 2026 | $0.76 | Jun 8, 2026 |
| Feb 17, 2026 | $0.74 | Mar 6, 2026 |
| Nov 17, 2025 | $0.74 | Dec 8, 2025 |
| Aug 18, 2025 | $0.74 | Sep 8, 2025 |
| May 19, 2025 | $0.74 | Jun 6, 2025 |
| Feb 18, 2025 | $0.72 | Mar 6, 2025 |
| Nov 18, 2024 | $0.72 | Dec 6, 2024 |
Short interest
- Shares sold short
- 28,961,449
- Days to cover
- 5.24
- Change vs previous report
- -17.7%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Apr 3, 2001
- 10,000-for-6,109
- Mar 1, 1994
- 2-for-1