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
- Earnings beat analyst estimates in each of the last 6 quarters (average surprise over the last four: +6.1%).
- Net debt is 5.6× EBITDA, a high level of leverage.
- The shares trade at 19.7× trailing earnings, lower than 86% of the company's own readings over the past five years.
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.
Growth16Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 41%
- EPS growth (TTM, YoY)Bottom 36%
- FCF growth (TTM, YoY)Bottom 13%
- Revenue growth, 3-year CAGRBottom 36%
- Revenue growth accelerationBottom 31%
Quality83Strong
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 13%
- Gross marginTop 23%
- Operating marginTop 35%
- Cash conversion (OCF / net income)Bottom 41%
- Accruals (lower is better)Top 39%
- Net debt / EBITDA (lower is better)Bottom 38%
- Interest coverTop 29%
Value39Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 44%
- Free-cash-flow yieldTop 43%
- EBITDA / enterprise valueBottom 24%
- Sales / enterprise valueBottom 30%
- P/E vs own 5-year history (lower is better)Top 36%
Momentum42Weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 36%
- 6-month returnBottom 34%
- 1-year return vs S&P 500Bottom 42%
- Distance from 52-week highTop 34%
- Trend checklist (0–4)Bottom 32%
Revisions56Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 37%
- Consecutive EPS beatsTop 7%
- Share of analysts rating BuyBottom 20%
- Upside to consensus price targetBottom 41%
Stability83Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 41%
- Maximum drawdown, 3 yearsTop 6%
- Beta vs S&P 500 (lower is better)Top 24%
- Net debt / EBITDA (lower is better)Bottom 38%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 11.2% | 8.9% | ↓ |
| EPS growth (YoY) | -2.3% | -1.1% | ↑ |
| Gross margin | 43.1% | 62.0% | ↑ |
| Operating margin | 24.9% | 24.1% | ↓ |
| FCF margin | 1.6% | -13.8% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 8.9% | 11.2% | ↓ | Top 41% |
| EPS growth (TTM, YoY) | -1.1% | -2.3% | ↑ | Bottom 36% |
| Gross margin | 62.0% | 43.1% | ↑ | Top 23% |
| Operating margin | 24.1% | 24.9% | ↓ | Top 35% |
| Net margin | 16.7% | 17.9% | ↓ | — |
| Free-cash-flow margin | -13.8% | 1.6% | ↓ | — |
| Return on invested capital | 5.2% | — | Top 13% | |
| Revenue growth, 3-year CAGR | 0.7% | — | Bottom 36% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.10×
- 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.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -6.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.58×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.7×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 3.62%
- Net buyback yield (TTM)
- -1.24%
- Shareholder yield
- 2.38%
- Share count change, 1 year
- +2.6%
- Share count change, 3-year CAGR
- +1.4%
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
- 6
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +6.1%
- Average 2-day reaction, last 8
- -0.9%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $119.80
- Target vs current price
- +17.9%
- Analysts with a rating
- 35
- Share rating Buy or Strong Buy
- 29%
- 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 | +13.2% | -2.0% | -3.8% | -6.1% | — |
| May 5, 2026 | +6.5% | -1.0% | -3.2% | -5.3% | -5.5% |
| Feb 5, 2026 | +2.2% | -1.2% | -0.2% | +2.4% | +3.6% |
| Oct 30, 2025 | +2.5% | -1.7% | -2.4% | -2.0% | -3.7% |
| Jul 30, 2025 | +7.8% | -0.2% | +1.3% | -1.4% | +8.1% |
| May 6, 2025 | +4.1% | +1.0% | -3.4% | -1.2% | +0.3% |
| Feb 4, 2025 | -4.0% | -1.2% | +0.8% | +5.0% | +9.0% |
| Oct 31, 2024 | +17.1% | -0.5% | -0.0% | +6.0% | +2.1% |
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 | $0.91 | $0.80 | +13.2% | $2.06B |
| May 5, 2026 | $2.45 | $2.30 | +6.5% | $3.43B |
| Feb 5, 2026 | $1.42 | $1.39 | +2.2% | $2.54B |
| Oct 30, 2025 | $0.83 | $0.81 | +2.5% | $2.10B |
| Jul 30, 2025 | $0.76 | $0.71 | +7.8% | $2.01B |
| May 6, 2025 | $2.27 | $2.18 | +4.1% | $3.15B |
| Feb 4, 2025 | $1.43 | $1.49 | -4.0% | $2.28B |
| Oct 31, 2024 | $0.82 | $0.70 | +17.1% | $1.86B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 19.7× | 21.4× | 14th | Bottom 44% |
| P/E (forward) | 18.1× | — | — | — |
| EV / EBITDA | 13.6× | — | — | Bottom 24% |
| EV / Sales | 5.53× | — | — | Bottom 30% |
| Free-cash-flow yield | -4.23% | — | — | Top 43% |
| Earnings yield | 5.08% | — | — | Bottom 44% |
P/E over the past five years
Range 18.2× – 24.0× 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
- -10.1%
- Earnings per share growth (TTM)
- -1.1%
- Change in P/E multiple
- +0.2%
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)
- -4.4%
- 200-day average slope (20 days)
- -0.4%
- Distance from 50-day average
- -4.7%
- Distance from 200-day average
- -8.7%
- RSI (14)
- 38.5
- Relative volume
- 0.96×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 16.1%
- Volatility vs own 5-year history
- 23th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.05
- Correlation with S&P 500
- 0.04
- Current drawdown from 1-year high
- -14.5%
- Maximum drawdown, 3 years
- -15.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 24, 2022 | Feb 13, 2024 | -29.4% | 432 days | 262 days (Mar 3, 2025) |
| Nov 10, 2020 | Feb 26, 2021 | -23.1% | 73 days | 289 days (Apr 20, 2022) |
| Jun 26, 2026 | Sep 30, 2026 | -15.2% | 66 days | Not yet recovered |
| Oct 20, 2025 | Dec 11, 2025 | -11.9% | 37 days | 55 days (Mar 4, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $33.09B
- P/E (TTM)
- 19.7
- EPS, diluted (TTM)
- $5.16
- Revenue (TTM)
- $10.14B
- Dividend yield
- 3.69%
- 52-week range
- $99.80 – $119.91
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $8.32B | $9.60B | $8.89B | $8.60B | $9.80B |
| Gross profit | $3.00B | $3.30B | $3.60B | $3.79B | $4.95B |
| Operating income | $1.71B | $1.92B | $1.91B | $2.15B | $2.37B |
| Net income | $1.30B | $1.41B | $1.33B | $1.53B | $1.56B |
| EPS (diluted) | $4.11 | $4.45 | $4.22 | $4.83 | $4.83 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.86B | $2.28B | $3.15B | $2.01B | $2.10B | $2.54B | $3.43B | $2.06B |
| Net income | $240.4M | $453.8M | $724.5M | $245.7M | $271.3M | $316.9M | $804.7M | $299.5M |
| EPS (diluted) | $0.76 | $1.43 | $2.27 | $0.76 | $0.83 | $0.97 | $2.45 | $0.91 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.03B | $2.06B | $3.02B | $3.21B | $3.38B |
| Capital expenditure | -$2.25B | -$2.31B | -$2.49B | -$2.78B | -$4.40B |
| Free cash flow | -$220.1M | -$254.2M | $525.5M | $430.7M | -$1.02B |
| Dividends paid | -$854.8M | -$917.9M | -$984.2M | -$1.06B | -$1.15B |
| Net share buybacks | -$33.1M | -$69.2M | -$16.6M | $160.2M | $760.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $50.0M
- Total assets
- $52.75B
- Total liabilities
- $38.18B
- Total debt
- $22.98B
- Net debt
- $22.93B
- Shareholders’ equity
- $14.13B
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 14, 2026 | $0.95 | Sep 1, 2026 |
| May 14, 2026 | $0.95 | Jun 1, 2026 |
| Feb 13, 2026 | $0.95 | Mar 1, 2026 |
| Nov 14, 2025 | $0.89 | Dec 1, 2025 |
| Aug 14, 2025 | $0.89 | Sep 1, 2025 |
| May 14, 2025 | $0.89 | Jun 1, 2025 |
| Feb 14, 2025 | $0.89 | Mar 1, 2025 |
| Nov 14, 2024 | $0.84 | Dec 1, 2024 |
Short interest
- Shares sold short
- 13,699,170
- Days to cover
- 5.96
- Change vs previous report
- -8.3%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Mar 2, 2011
- 2-for-1
- Jul 1, 1992
- 3-for-2
- Jul 1, 1987
- 2-for-1
- Jul 28, 1982
- 3-for-2