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AX NYSE

Axos Financial, Inc.
1W: +0.5% 1M: -7.3% 3M: -11.7% YTD: +1.8% 1Y: +6.5% 3Y: +146.9% 5Y: +90.6%
$88.93
+1.32 (+1.51%)
 
Weekly Expected Move ±2.7%
$84 $86 $89 $91 $94
NYSE · Financial Services · Banks - Regional · Tech Score Strong Sell · Power 36 · $5.1B mcap · 54M float · 0.687% daily turnover · Short 62% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

WEAK EDGE
53.8 / 100
NoneWeakNarrowWide
Primary source: Cost Advantage  ·  ROIC: 15.9%  ·  5Y Avg: 22.2%
Cost Advantage ★
77
Intangibles
47
Switching Cost
59
Network Effect
32
Scale
47
The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. AX shows a Weak competitive edge (53.8/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Cost Advantage. ROIC of 15.9% confirms the company is generating returns well above its cost of capital — a hallmark of durable competitive advantages.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets
$121
Low
$124
Avg Target
$128
High
Based on 2 analysts since Jul 30, 2026 earnings
Analyst Recommendations
Strong Buy: 1Buy: 11Hold: 8Sell: 0Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$124.50
Analysts2
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-07-31 D.A. Davidson — $112 $121 +9 +22.5% $98.77
2026-07-31 Needham Kyle Peterson $110 $128 +18 +30.0% $98.48
2026-01-30 D.A. Davidson — $108 $112 +4 +13.4% $98.74
2026-01-30 Needham Kyle Peterson $107 $110 +3 +16.2% $94.64
2025-12-08 D.A. Davidson — $106 $108 +2 +25.5% $85.69
2025-10-31 Needham — $105 $107 +2 +38.1% $77.47
2025-09-29 Needham — $85 $105 +20 +20.1% $87.45
2025-09-24 D.A. Davidson Gary Tenner Initiated $106 — +19.8% $88.46
2024-10-31 Needham Kyle Peterson $82 $85 +3 +27.8% $66.49
2024-10-11 Needham Kyle Peterson Initiated $82 — +29.1% $63.51
2024-09-24 Wedbush David Chiaverini Initiated $75 — +13.9% $65.86
2024-05-01 Piper Sandler Andrew Liesch Initiated $68 — +22.7% $55.40

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

A-
Oct 02, 2026
DCF
4
ROE
5
ROA
5
D/E
2
P/E
3
P/B
2
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. AX receives an overall rating of A-. Strongest factors: DCF (4/5), ROE (5/5), ROA (5/5). Areas of concern: D/E (2/5), P/B (2/5).
Rating Change History
DateFromTo
2026-10-01 B+ A-
2026-08-21 A- B+
2026-08-03 B A-
2026-07-31 A- B
2026-07-27 B+ A-
2026-07-01 A- B+
2026-05-14 B+ A-
2026-05-04 A- B+
2026-04-29 A A-
2026-04-27 A- A

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 55 Grade A
Profitability
69
Balance Sheet
42
Earnings Quality
75
Growth
60
Value
66
Momentum
82
Safety
65
Cash Flow
65
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. AX scores highest in Momentum (82/100) and lowest in Balance Sheet (42/100). An overall grade of A places AX among the highest-quality companies in its peer group.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman-B Score
2.83
Grey Zone
Piotroski F-Score
6/9
✓ ✓ ✓ ✓ ✗ ✗ ✗ ✓ ✓
Beneish M-Score
-1.85
Unlikely Manipulator
Ohlson O-Score
-3.72
Bankruptcy prob: 2.4%
Low Risk
Credit Rating
AA-
Score: 82.5/100
Trend: Deteriorating
Earnings Quality
100/100
OCF/NI: 1.14x
Accruals: -0.2%
The Altman-B Score replaces the traditional Z-Score for banks and financial institutions. It weights equity-to-assets, return on assets, retained earnings, market value coverage, and cash reserves — metrics that better capture bank solvency than manufacturing-oriented ratios. AX scores 2.83, placing it in the Grey Zone (safe > 3.0, distress < 1.5). Financial distress is possible and warrants monitoring. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. AX scores 6/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. AX's score of -1.85 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. AX's implied 2.4% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. AX receives an estimated rating of AA- (score: 82.5/100), with a deteriorating trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). AX's score of 100/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
10.27x
PEG
0.74x
P/S
2.31x
P/B
1.59x
P/FCF
12.16x
P/OCF
10.08x
EV/EBITDA
7.61x
EV/Revenue
2.53x
EV/EBIT
8.56x
EV/FCF
11.97x
Earnings Yield
8.72%
FCF Yield
8.22%
Shareholder Yield
0.74%
Graham Number
$102.37
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 10.3x earnings, AX trades at a reasonable valuation. An earnings yield of 8.7% exceeds typical risk-free rates, suggesting equities are being compensated for risk. Graham's intrinsic value formula yields $102.37 per share, suggesting a potential 15% margin of safety at the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
0.758
NI / EBT
×
Interest Burden
1.000
EBT / EBIT
×
EBIT Margin
0.295
EBIT / Rev
×
Asset Turnover
0.080
Rev / Assets
×
Equity Multiplier
9.363
Assets / Equity
=
ROE
16.8%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. AX's ROE of 16.8% is driven by financial leverage (equity multiplier: 9.36x). Note: high leverage means ROE is amplified by debt rather than operational performance.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
15.00%
Fair P/E
38.50x
Intrinsic Value
$326.99
Price/Value
0.30x
Margin of Safety
70.22%
Premium
-70.22%
Assessment
Neutral
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with AX's realized 15.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. AX actually compounded EPS at 18.2% over three years; the model uses 15%, the highest rate it will extrapolate — of 4,457 company-quarters that grew faster than 200%, none sustained it over the following seven years. AX trades at a -70% premium to its adjusted intrinsic value of $326.99, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 38.5x compares to the current market P/E of 10.3x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1800 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$88.92
Median 1Y
$95.66
5th Pctile
$44.90
95th Pctile
$204.70
Ann. Volatility
44.3%
Analyst Target
$124.50
25th–75th percentile 5th–95th percentile Median path Historical Analyst target

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

ExecutiveSalaryStockTotal
Gregory Garrabrants
President and Chief Executive Officer
$700,000 $9,344,166 $12,054,932
Brian Swanson President,
Head of Consumer Bank
$550,000 $447,414 $1,697,770
Raymond Matsumoto President,
Vice President, Chief Operating Officer
$420,000 $560,056 $1,514,056
Eshel Bar-Adon President,
Vice President, Strategic Partnerships and CLO
$370,000 $525,054 $1,468,242
Derrick K. Walsh
Executive Vice President, Chief Financial Officer
$360,000 $525,083 $1,451,833

CEO Pay Ratio

209:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $12,054,932
Avg Employee Cost (SGA/emp): $57,757
Employees: 2,191

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees
2,191
+10.2% YoY
Revenue / Employee
$999,788
Rev: $2,190,535,000
Profit / Employee
$223,812
NI: $490,372,000
SGA / Employee
$57,757
Avg labor cost proxy

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
ROE 16.5% 16.3% 16.2% 15.8% 15.1% 15.7% 16.2% 17.3% 18.0% 20.8% 21.4% 21.4% 21.9% 18.8% 17.8% 17.4% 16.7% 16.8% 16.8% 16.8% 16.77%
ROA 1.6% 1.5% 1.5% 1.5% 1.4% 1.5% 1.5% 1.6% 1.7% 2.0% 2.0% 2.1% 2.2% 1.9% 1.8% 1.8% 1.7% 1.8% 1.8% 1.8% 1.79%
ROIC 30.3% 24.3% 26.6% 32.5% 39.0% 1.2% -82.8% -3.2% 2.9% 57.3% 1.5% 77.0% 4.8% 1.1% 44.5% 41.1% 28.3% 15.3% 11.0% 15.9% 15.93%
ROCE 11.9% 11.7% 11.9% 11.4% 12.4% 14.0% 15.0% 15.5% 16.0% 18.6% 19.3% 20.1% 20.6% 17.6% 17.1% 17.0% 12.6% 13.7% 13.5% 13.1% 13.10%
Gross Margin 91.3% 91.6% 91.8% 88.1% 79.0% 72.8% 66.1% 60.2% 59.5% 57.3% 60.2% 58.5% 59.5% 60.8% 62.8% 63.0% 61.1% 63.2% 62.3% 65.0% 65.04%
Operating Margin 46.9% 46.9% 46.9% 39.4% 33.4% 38.5% 34.1% 31.1% 30.0% 51.7% 32.9% 30.1% 31.3% 31.3% 32.1% 32.5% 30.3% 31.2% 29.3% 27.4% 27.39%
Net Margin 33.3% 33.0% 33.3% 27.9% 23.5% 26.8% 23.7% 23.3% 21.0% 36.1% 23.4% 21.8% 22.1% 21.8% 22.8% 23.1% 22.7% 22.8% 22.1% 21.9% 21.94%
EBITDA Margin 50.2% 51.4% 50.3% 43.6% 35.8% 40.5% 35.8% 32.7% 31.4% 53.2% 34.5% 31.6% 32.8% 32.8% 33.5% 34.1% 32.0% 35.3% 33.2% 32.1% 32.10%
FCF Margin 28.8% 5.9% 21.6% 25.5% 47.2% 46.3% 21.4% 12.5% 8.7% 8.5% 18.1% 15.6% 16.0% 18.0% 15.9% 22.6% 25.7% 21.1% 20.3% 21.1% 21.10%
OCF Margin 30.6% 7.8% 23.5% 28.3% 50.2% 49.1% 24.1% 14.9% 10.7% 10.7% 20.3% 17.7% 18.5% 20.2% 18.2% 25.4% 28.1% 24.0% 21.3% 25.5% 25.45%
ROE 3Y Avg snapshot only 17.09%
ROE 5Y Avg snapshot only 16.39%
ROA 3Y Avg snapshot only 1.78%
ROIC 3Y Avg snapshot only 17.78%
ROIC Economic snapshot only 11.69%
Cash ROA snapshot only 1.86%
Cash ROIC snapshot only 18.12%
CROIC snapshot only 15.02%
NOPAT Margin snapshot only 22.39%
Pretax Margin snapshot only 29.52%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 5.78%
SBC / Revenue snapshot only 2.02%
Valuation
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
P/E Ratio 14.02 14.84 11.86 8.98 8.67 8.91 8.06 7.67 6.83 7.88 7.25 7.39 7.62 9.40 8.80 10.11 11.39 10.99 10.33 11.47 10.269
P/S Ratio 4.41 4.77 3.90 2.85 2.51 2.45 2.04 1.86 1.61 2.07 1.89 1.88 1.94 2.10 1.95 2.27 2.57 2.51 2.34 2.57 2.309
P/B Ratio 2.14 2.23 1.77 1.32 1.22 1.29 1.21 1.23 1.15 1.52 1.43 1.45 1.52 1.61 1.44 1.63 1.77 1.71 1.60 1.78 1.593
P/FCF 15.28 80.28 18.02 11.20 5.32 5.29 9.53 14.93 18.48 24.27 10.41 12.03 12.13 11.62 12.20 10.04 10.01 11.91 11.54 12.16 12.164
P/OCF 14.40 61.02 16.60 10.08 4.99 4.98 8.47 12.53 14.96 19.33 9.30 10.64 10.48 10.35 10.71 8.93 9.16 10.46 10.98 10.08 10.084
EV/EBITDA 6.93 7.95 5.84 3.41 2.67 1.88 0.14 0.75 0.82 3.02 1.92 2.44 1.92 3.05 3.35 4.28 5.78 7.50 8.71 7.61 7.609
EV/Revenue 3.39 3.96 2.94 1.66 1.19 0.79 0.05 0.27 0.29 1.17 0.73 0.92 0.72 1.00 1.09 1.43 1.91 2.53 2.93 2.53 2.526
EV/EBIT 7.63 8.73 6.35 3.71 2.91 2.02 0.15 0.79 0.86 3.15 2.01 2.55 2.00 3.20 3.51 4.48 6.07 8.05 9.53 8.56 8.558
EV/FCF 11.75 66.56 13.57 6.53 2.52 1.70 0.25 2.16 3.29 13.70 4.05 5.86 4.48 5.57 6.86 6.30 7.44 12.01 14.47 11.97 11.972
Earnings Yield 7.1% 6.7% 8.4% 11.1% 11.5% 11.2% 12.4% 13.0% 14.6% 12.7% 13.8% 13.5% 13.1% 10.6% 11.4% 9.9% 8.8% 9.1% 9.7% 8.7% 8.72%
FCF Yield 6.5% 1.2% 5.6% 8.9% 18.8% 18.9% 10.5% 6.7% 5.4% 4.1% 9.6% 8.3% 8.2% 8.6% 8.2% 10.0% 10.0% 8.4% 8.7% 8.2% 8.22%
PEG Ratio snapshot only 0.736
Price/Tangible Book snapshot only 1.945
EV/OCF snapshot only 9.925
EV/Gross Profit snapshot only 4.012
Acquirers Multiple snapshot only 8.558
Shareholder Yield snapshot only 0.74%
Graham Number snapshot only $102.37
Leverage & Solvency
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
Current Ratio 0.13 0.11 0.13 0.13 0.13 0.14 0.17 0.16 0.15 0.11 0.13 0.12 0.15 0.14 0.12 0.11 0.14 0.06 0.09 0.07 0.074
Quick Ratio 0.13 0.11 0.13 0.13 0.13 0.14 0.17 0.16 0.15 0.11 0.13 0.12 0.15 0.14 0.12 0.11 0.14 0.06 0.09 0.07 0.074
Debt/Equity 0.28 0.27 0.34 0.34 0.32 0.24 0.23 0.24 0.27 0.21 0.19 0.18 0.17 0.17 0.17 0.14 0.48 0.38 0.92 0.34 0.339
Net Debt/Equity -0.50 -0.38 -0.44 -0.55 -0.64 -0.88 -1.18 -1.05 -0.94 -0.66 -0.87 -0.74 -0.96 -0.84 -0.63 -0.61 -0.45 0.02 0.41 -0.03 -0.028
Debt/Assets 0.03 0.03 0.03 0.03 0.03 0.02 0.02 0.02 0.03 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.05 0.04 0.10 0.04 0.036
Debt/EBITDA 1.19 1.18 1.47 1.52 1.47 1.10 1.00 0.99 1.10 0.73 0.66 0.63 0.57 0.66 0.69 0.58 2.13 1.65 3.98 1.48 1.476
Net Debt/EBITDA -2.08 -1.64 -1.91 -2.44 -2.96 -3.97 -5.15 -4.42 -3.79 -2.33 -3.03 -2.57 -3.27 -3.32 -2.61 -2.53 -2.00 0.07 1.76 -0.12 -0.122
Interest Coverage 4.61 5.52 6.80 6.47 4.01 2.42 1.59 1.15 0.97 1.00 0.94 0.92 0.92 0.82 0.84 0.89 0.90 0.93 0.94 0.91 0.911
Equity Multiplier 10.22 10.21 10.14 10.62 10.82 10.48 10.73 10.61 10.54 10.40 10.31 9.98 9.80 9.40 9.21 9.25 9.82 9.62 9.54 9.46 9.462
Cash Ratio snapshot only 0.046
Debt Service Coverage snapshot only 1.024
Cash to Debt snapshot only 1.083
FCF to Debt snapshot only 0.431
Defensive Interval snapshot only 817.3 days
Efficiency & Turnover
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
Asset Turnover 0.05 0.05 0.05 0.05 0.05 0.06 0.06 0.07 0.07 0.08 0.08 0.08 0.08 0.09 0.08 0.08 0.08 0.08 0.08 0.08 0.080
Inventory Turnover — — — — — — — — — — — — — — — — — — — — —
Receivables Turnover 2.00 2.05 1.67 2.39 1.97 2.69 2.63 4.09 4.05 5.67 5.40 6.68 6.87 6.87 6.51 8.48 7.28 6.94 6.62 7.97 7.970
Payables Turnover 0.19 0.14 0.12 0.14 0.21 0.37 0.58 0.83 1.20 1.53 1.71 1.95 2.35 2.30 2.18 2.28 2.08 2.24 2.42 2.26 2.265
DSO 183 178 218 153 185 136 139 89 90 64 68 55 53 53 56 43 50 53 55 46 45.8 days
DIO 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 days
DPO 1907 2603 2984 2689 1716 993 634 439 304 239 214 188 155 158 167 160 176 163 151 161 161.2 days
Cash Conversion Cycle -1724 -2426 -2766 -2536 -1531 -857 -495 -349 -214 -175 -146 -133 -102 -105 -111 -117 -126 -110 -96 -115 -115.4 days
Cash Velocity snapshot only 1.885
Capital Intensity snapshot only 13.678
Growth (YoY)
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
Revenue -3.5% -5.1% 1.3% 6.5% 16.3% 32.7% 52.0% 66.8% 71.0% 61.6% 51.7% 39.8% 33.4% 27.1% 16.1% 9.2% 1.8% 3.0% 8.8% 13.5% 13.53%
Net Income 13.9% 9.4% 14.7% 11.6% 7.2% 13.4% 17.1% 27.6% 38.7% 54.7% 55.7% 46.5% 44.7% 7.7% -1.2% -3.8% -9.8% 5.6% 11.5% 13.3% 13.27%
EPS 12.6% 8.1% 14.4% 12.0% 7.5% 13.9% 17.1% 28.9% 40.3% 61.6% 62.7% 50.4% 48.8% 7.2% -1.6% -2.8% -9.9% 5.5% 12.3% 12.9% 12.92%
FCF -35.7% -90.1% -57.1% -52.0% 90.3% 9.3% 50.5% -18.3% -68.5% -70.2% 28.2% 75.2% 1.5% 1.7% 2.2% 57.8% 63.2% 20.4% 38.4% 6.0% 5.99%
EBITDA 5.1% 1.2% 4.9% 8.4% 5.9% 11.7% 16.5% 23.3% 33.5% 49.4% 49.8% 45.5% 43.8% 8.0% -0.4% -3.0% -10.1% 5.7% 12.2% 13.2% 13.21%
Op. Income 11.7% 6.8% 11.8% 11.2% 7.3% 14.3% 18.8% 27.0% 38.2% 53.8% 53.4% 47.2% 44.8% 7.4% -1.0% -3.5% -10.7% 3.3% 7.4% 5.4% 5.42%
OCF Growth snapshot only 13.72%
Asset Growth snapshot only 20.90%
Equity Growth snapshot only 18.12%
Debt Growth snapshot only 1.88%
Shares Change snapshot only 0.31%
Growth (CAGR)
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
Revenue 3Y 7.7% 6.4% 5.3% 5.5% 7.1% 11.1% 15.6% 20.8% 24.3% 26.7% 32.7% 35.4% 38.4% 39.7% 38.9% 36.5% 32.4% 28.3% 24.2% 20.1% 20.11%
Revenue 5Y 11.9% 10.9% 10.1% 10.7% 11.9% 14.3% 16.0% 18.3% 19.9% 20.9% 21.9% 22.3% 22.9% 23.0% 22.1% 21.9% 21.1% 21.6% 24.2% 25.2% 25.20%
EPS 3Y 14.1% 12.9% 16.7% 16.5% 15.3% 18.1% 16.4% 19.1% 19.3% 25.8% 29.7% 29.5% 30.9% 25.4% 23.3% 23.5% 23.5% 22.3% 21.6% 18.2% 18.19%
EPS 5Y 14.1% 14.0% 14.0% 14.0% 12.9% 14.9% 14.6% 16.6% 17.5% 21.5% 24.8% 25.1% 26.2% 23.3% 20.3% 19.8% 17.9% 17.6% 19.2% 19.0% 18.98%
Net Income 3Y 12.4% 11.7% 16.1% 15.8% 14.5% 17.1% 15.8% 18.7% 19.2% 24.3% 27.9% 27.8% 29.1% 23.6% 21.7% 21.6% 21.9% 20.7% 19.7% 16.9% 16.87%
Net Income 5Y 12.7% 12.5% 12.4% 12.3% 11.6% 13.5% 13.4% 15.0% 16.1% 19.6% 23.3% 23.7% 24.7% 21.8% 19.0% 18.7% 17.2% 16.9% 18.2% 17.9% 17.85%
EBITDA 3Y 12.4% 13.4% 17.8% 17.2% 15.0% 16.4% 14.7% 13.7% 14.1% 19.1% 22.3% 24.8% 26.7% 21.7% 20.2% 20.3% 20.0% 19.5% 18.7% 16.9% 16.89%
EBITDA 5Y 9.9% 9.6% 9.2% 9.1% 8.5% 10.0% 10.9% 12.9% 15.0% 19.5% 23.3% 23.6% 23.9% 20.5% 17.6% 15.7% 14.0% 14.0% 15.4% 16.4% 16.39%
Gross Profit 3Y 13.9% 14.2% 14.2% 14.2% 14.4% 15.7% 17.1% 17.8% 17.4% 16.2% 18.5% 19.6% 21.0% 21.8% 21.0% 20.0% 18.2% 17.5% 16.8% 16.8% 16.79%
Gross Profit 5Y 13.4% 13.1% 12.7% 13.2% 13.5% 14.6% 15.2% 15.9% 16.4% 16.5% 17.4% 17.7% 18.3% 18.4% 17.9% 17.5% 16.2% 16.3% 17.2% 17.8% 17.76%
Op. Income 3Y 10.4% 11.7% 17.1% 16.9% 15.3% 18.0% 16.6% 18.0% 18.3% 23.4% 26.8% 27.6% 29.0% 23.6% 21.7% 21.7% 21.4% 19.5% 17.7% 14.4% 14.42%
Op. Income 5Y 8.3% 8.1% 7.9% 7.9% 7.3% 9.1% 10.1% 12.5% 14.8% 19.6% 23.9% 24.5% 25.2% 22.1% 19.2% 18.5% 16.5% 15.8% 16.7% 16.2% 16.16%
FCF 3Y 11.8% -40.3% 0.1% 1.6% 33.8% 29.3% -6.4% -16.6% -27.2% -32.7% -6.1% -11.8% 13.8% 1.0% 25.4% 31.2% 8.2% -1.2% 22.0% 43.1% 43.10%
FCF 5Y -1.9% -27.9% -10.4% -2.4% 13.9% 17.3% 7.6% 0.2% -3.5% -8.1% 14.1% 8.4% 13.2% 11.6% 1.4% 9.9% 9.1% -0.3% 3.2% 2.8% 2.83%
OCF 3Y 11.1% -36.4% -1.3% 1.6% 31.5% 28.7% -4.1% -12.9% -22.8% -28.1% -3.5% -8.9% 17.1% 91.8% 27.5% 31.7% 9.1% 1.1% 19.2% 43.7% 43.69%
OCF 5Y -1.7% -24.5% -9.5% -1.1% 14.3% 17.4% 8.8% 2.3% -0.9% -5.4% 13.9% 8.8% 13.9% 12.5% 3.2% 11.5% 10.3% 1.7% 3.6% 6.2% 6.21%
Assets 3Y 15.0% 16.6% 13.9% 15.9% 16.1% 15.2% 17.6% 13.7% 15.9% 14.5% 15.2% 17.0% 16.5% 15.1% 14.2% 12.4% 14.2% 14.6% 13.9% 13.8% 13.77%
Assets 5Y 13.7% 13.7% 13.1% 15.5% 16.5% 16.0% 14.7% 16.4% 16.3% 17.1% 15.8% 15.3% 14.9% 14.1% 14.5% 12.3% 15.4% 14.4% 14.6% 16.0% 16.00%
Equity 3Y 13.4% 15.3% 15.1% 15.3% 15.1% 15.5% 15.9% 15.9% 16.9% 17.3% 17.7% 17.8% 18.2% 18.3% 18.0% 17.7% 18.0% 17.9% 18.5% 18.2% 18.21%
Book Value 3Y 15.1% 16.5% 15.7% 16.0% 15.9% 16.4% 16.5% 16.3% 17.0% 18.7% 19.4% 19.4% 19.8% 20.0% 19.6% 19.6% 19.5% 19.4% 20.4% 19.5% 19.54%
Dividend 3Y -55.5% — — — — — — — — — — — — — — — — — — — —
Growth Quality
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
Revenue Stability 0.91 0.88 0.87 0.90 0.90 0.86 0.74 0.68 0.67 0.70 0.72 0.74 0.76 0.80 0.84 0.87 0.87 0.91 0.96 0.98 0.982
Earnings Stability 0.95 0.93 0.95 0.95 0.96 0.95 0.96 0.92 0.88 0.82 0.84 0.87 0.85 0.92 0.89 0.90 0.86 0.92 0.92 0.92 0.918
Margin Stability 0.91 0.91 0.90 0.90 0.91 0.92 0.91 0.89 0.87 0.86 0.84 0.83 0.82 0.82 0.82 0.82 0.83 0.85 0.84 0.84 0.841
Rev. Growth Consistency 0.00 0.00 1.00 0.50 0.50 0.50 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.000
Earn. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 1.00 0.50 0.50 0.500
FCF Positive Streak 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Earnings Persistence 0.94 0.96 0.94 0.95 0.97 0.95 0.93 0.89 0.85 0.50 0.50 0.81 0.82 0.97 1.00 0.98 0.96 0.98 0.95 0.95 0.947
Earnings Smoothness 0.87 0.91 0.86 0.89 0.93 0.87 0.84 0.76 0.68 0.57 0.56 0.62 0.63 0.93 0.99 0.96 0.90 0.95 0.89 0.88 0.876
ROE Trend 0.00 -0.00 -0.00 -0.00 -0.02 -0.01 -0.00 0.01 0.02 0.05 0.05 0.04 0.05 0.00 -0.01 -0.02 -0.03 -0.03 -0.03 -0.02 -0.024
Gross Margin Trend 0.14 0.15 0.14 0.11 0.05 -0.03 -0.12 -0.20 -0.23 -0.25 -0.24 -0.21 -0.17 -0.11 -0.07 -0.02 0.00 0.02 0.03 0.03 0.028
FCF Margin Trend -0.05 -0.37 -0.24 -0.22 0.11 0.15 -0.15 -0.28 -0.29 -0.18 -0.03 -0.03 -0.12 -0.09 -0.04 0.09 0.13 0.08 0.03 0.02 0.020
Sustainable Growth Rate 16.5% 16.3% 16.2% 15.8% 15.1% 15.7% 16.2% 17.3% 18.0% 20.8% 21.4% 21.4% 21.9% 18.8% 17.8% 17.4% 16.7% 16.8% 16.8% 16.8% 16.77%
Internal Growth Rate 1.6% 1.6% 1.6% 1.5% 1.5% 1.5% 1.6% 1.7% 1.7% 2.0% 2.1% 2.1% 2.2% 1.9% 1.9% 1.9% 1.7% 1.8% 1.8% 1.8% 1.82%
Cash Flow Quality
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
OCF/Net Income 0.97 0.24 0.71 0.89 1.74 1.79 0.95 0.61 0.46 0.41 0.78 0.69 0.73 0.91 0.82 1.13 1.24 1.05 0.94 1.14 1.137
FCF/OCF 0.94 0.76 0.92 0.90 0.94 0.94 0.89 0.84 0.81 0.80 0.89 0.88 0.86 0.89 0.88 0.89 0.92 0.88 0.95 0.83 0.829
FCF/Net Income snapshot only 0.943
OCF/EBITDA snapshot only 0.767
CapEx/Revenue 1.8% 1.9% 1.8% 2.8% 3.1% 2.8% 2.7% 2.4% 2.0% 2.2% 2.2% 2.0% 2.5% 2.2% 2.2% 2.8% 2.4% 2.9% 1.0% 4.4% 4.35%
CapEx/Depreciation snapshot only 1.183
Accruals Ratio 0.00 0.01 0.00 0.00 -0.01 -0.01 0.00 0.01 0.01 0.01 0.00 0.01 0.01 0.00 0.00 -0.00 -0.00 -0.00 0.00 -0.00 -0.002
Sloan Accruals snapshot only -0.163
Cash Flow Adequacy snapshot only 5.849
Earnings Quality Score snapshot only 1.000
Dividends & Buybacks
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
Dividend Yield 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Dividend/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
FCF Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Total Payout Ratio 10.1% 5.9% 5.9% 6.0% 4.8% 4.3% 14.1% 16.9% 20.4% 32.8% 23.2% 21.4% 18.2% 5.4% 11.4% 15.7% 13.5% 12.7% 8.6% 8.4% 8.45%
Div. Increase Streak 0 — — — — — — — — — — — — — — — — — — — —
Chowder Number -0.92 — — — — — — — — — — — — — — — — — — — —
Buyback Yield 0.7% 0.4% 0.5% 0.7% 0.5% 0.5% 1.7% 2.2% 3.0% 4.2% 3.2% 2.9% 2.4% 0.6% 1.3% 1.6% 1.2% 1.2% 0.8% 0.7% 0.74%
Net Buyback Yield 0.7% 0.4% 0.5% 0.7% 0.5% 0.5% 1.7% 2.2% 3.0% 4.2% 3.2% 2.9% 2.4% 0.6% 1.3% 1.6% 1.2% 1.2% 0.8% 0.7% 0.74%
Total Shareholder Return 0.7% 0.4% 0.5% 0.7% 0.5% 0.5% 1.7% 2.2% 3.0% 4.2% 3.2% 2.9% 2.4% 0.6% 1.3% 1.6% 1.2% 1.2% 0.8% 0.7% 0.74%
DuPont Factors
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
Tax Burden (NI/EBT) 0.71 0.71 0.71 0.71 0.71 0.70 0.70 0.71 0.71 0.71 0.71 0.71 0.71 0.71 0.71 0.71 0.72 0.73 0.74 0.76 0.758
Interest Burden (EBT/EBIT) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.000
EBIT Margin 0.44 0.45 0.46 0.45 0.41 0.39 0.36 0.34 0.33 0.37 0.37 0.36 0.36 0.31 0.31 0.32 0.32 0.31 0.31 0.30 0.295
Asset Turnover 0.05 0.05 0.05 0.05 0.05 0.06 0.06 0.07 0.07 0.08 0.08 0.08 0.08 0.09 0.08 0.08 0.08 0.08 0.08 0.08 0.080
Equity Multiplier 10.49 10.65 10.54 10.42 10.54 10.36 10.46 10.62 10.67 10.44 10.50 10.27 10.13 9.85 9.71 9.58 9.81 9.52 9.39 9.36 9.363
Per Share
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
EPS (Diluted TTM) $3.68 $3.77 $3.91 $3.99 $3.95 $4.29 $4.58 $5.14 $5.54 $6.93 $7.45 $7.74 $8.25 $7.43 $7.34 $7.52 $7.43 $7.84 $8.24 $8.49 $8.49
Book Value/Share $24.05 $25.07 $26.16 $27.24 $28.12 $29.54 $30.42 $32.11 $33.04 $35.87 $37.84 $39.38 $41.36 $43.31 $44.72 $46.57 $47.96 $50.31 $53.05 $54.84 $55.82
Tangible Book/Share $21.03 $22.07 $23.15 $24.23 $25.03 $26.51 $27.44 $29.13 $30.05 $32.85 $34.87 $36.45 $38.50 $40.47 $41.91 $43.76 $43.97 $46.51 $48.95 $50.08 $50.08
Revenue/Share $11.70 $11.72 $11.90 $12.57 $13.64 $15.62 $18.08 $21.17 $23.58 $26.35 $28.65 $30.39 $32.35 $33.33 $33.16 $33.52 $32.88 $34.31 $36.36 $37.94 $38.61
FCF/Share $3.37 $0.70 $2.57 $3.20 $6.43 $7.23 $3.88 $2.64 $2.05 $2.25 $5.19 $4.75 $5.19 $6.01 $5.29 $7.58 $8.45 $7.24 $7.38 $8.01 $8.15
OCF/Share $3.58 $0.92 $2.79 $3.56 $6.85 $7.67 $4.36 $3.15 $2.53 $2.82 $5.81 $5.37 $6.00 $6.75 $6.02 $8.52 $9.24 $8.23 $7.75 $9.66 $9.83
Cash/Share $18.73 $16.43 $20.26 $24.29 $26.90 $33.11 $42.95 $41.29 $40.10 $31.22 $40.27 $36.48 $46.56 $43.55 $35.74 $34.75 $44.96 $18.40 $27.16 $20.13 $20.49
EBITDA/Share $5.72 $5.83 $5.99 $6.12 $6.07 $6.54 $6.98 $7.63 $8.20 $10.20 $10.92 $11.39 $12.12 $10.97 $10.83 $11.16 $10.89 $11.60 $12.25 $12.60 $12.60
Debt/Share $6.82 $6.88 $8.81 $9.33 $8.90 $7.17 $7.00 $7.57 $8.99 $7.44 $7.24 $7.15 $6.94 $7.19 $7.51 $6.47 $23.22 $19.17 $48.77 $18.59 $18.59
Net Debt/Share $-11.92 $-9.55 $-11.44 $-14.96 $-18.00 $-25.94 $-35.95 $-33.72 $-31.11 $-23.78 $-33.03 $-29.33 $-39.63 $-36.36 $-28.23 $-28.27 $-21.74 $0.77 $21.60 $-1.54 $-1.54
Per Employee
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
Employee Count snapshot only 2,191
Revenue/Employee snapshot only $999787.77
Income/Employee snapshot only $223811.96
EBITDA/Employee snapshot only $331945.69
FCF/Employee snapshot only $210981.29
Assets/Employee snapshot only $13674974.44
Market Cap/Employee snapshot only $2566426.57
Academic Models
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
Altman-B Score — — — — — — — — — — — — — — — — — — — — 2.828
Altman Z-Prime snapshot only -4.373
Piotroski F-Score 5 5 5 6 6 8 6 7 7 6 6 6 6 7 5 7 4 4 4 6 6
Beneish M-Score -2.05 -1.89 -2.06 -2.31 -2.34 -2.20 -2.06 -1.85 -2.16 -2.56 -2.29 -2.59 -2.42 -2.39 -2.16 -2.00 -1.81 -2.18 -2.10 -1.85 -1.847
Ohlson O-Score snapshot only -3.718
Net-Net WC snapshot only $-432.23
EVA snapshot only $182606800.00
Credit
Metric Trend Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Current
Credit Rating snapshot only AA-
Credit Score 78.21 62.23 66.11 79.42 84.02 85.19 85.27 81.07 68.99 80.85 85.33 91.26 91.24 91.29 91.51 91.34 86.97 82.65 66.76 82.46 82.460
Credit Grade snapshot only 4
Credit Trend snapshot only -8.878
Implied Spread (bps) snapshot only 100.000
Industry Credit Rank snapshot only 86
Sector Credit Rank snapshot only 75

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms