— Know what they know.
Not Investment Advice
Also trades as: CWEN-A (NYSE) · $vol 10M

CWEN NYSE

Clearway Energy, Inc.
1W: -1.4% 1M: -6.6% 3M: -11.4% YTD: -12.6% 1Y: -0.4% 3Y: +56.3% 5Y: +15.5%
$29.34
+0.20 (+0.69%)
 
Weekly Expected Move ±4.3%
$27 $28 $29 $31 $32
NYSE · Utilities · Renewable Utilities · Tech Score Strong Sell · Power 35 · $6.0B mcap · 202M float · 0.636% daily turnover · Short 66% 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
53.3 / 100
NoneWeakNarrowWide
Primary source: Cost Advantage  ·  ROIC: 1.2%  ·  5Y Avg: 1.8%
Cost Advantage ★
75
Intangibles
47
Switching Cost
40
Network Effect
40
Scale
70
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. CWEN shows a Weak competitive edge (53.3/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Cost Advantage. ROIC of 1.2% suggests modest returns relative to capital deployed.

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
$38
Low
$44
Avg Target
$58
High
Based on 4 analysts since Aug 5, 2026 earnings
Analyst Recommendations
Strong Buy: 0Buy: 13Hold: 3Sell: 1Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$43.50
Analysts6
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-10-02 Seaport Global — Initiated $40 — +34.7% $29.70
2026-09-04 Jefferies Julien Dumoulin-Smith $35 $38 +3 +20.2% $31.62
2026-08-18 Morgan Stanley Robert Kad $60 $58 -2 +70.7% $33.98
2026-08-17 Evercore ISI — $34 $40 +6 +17.2% $34.14
2026-07-17 CIBC — $38 $42 +4 +25.4% $33.48
2026-07-13 Truist Financial — Initiated $43 — +29.6% $33.19
2026-05-27 Morgan Stanley — $56 $60 +4 +49.3% $40.18
2026-04-14 Morgan Stanley Robert Kad $50 $56 +6 +40.0% $40.01
2026-04-09 Deutsche Bank — $38 $41 +3 +0.6% $40.77
2026-02-24 RBC Capital — $36 $42 +6 +9.0% $38.52
2026-02-24 UBS — $39 $45 +6 +15.7% $38.91
2025-12-16 CIBC — $37 $38 +1 +17.4% $32.38
2025-12-10 UBS Jon Windham Initiated $39 — +18.3% $32.97
2025-12-02 Morgan Stanley Robert Kad $36 $50 +14 +43.0% $34.95
2025-11-24 Roth Capital — $39 $40 +1 +10.9% $36.07
2025-11-05 Roth Capital — $38 $39 +1 +13.3% $34.42
2025-10-21 CIBC Mark Jarvi Initiated $37 — +21.2% $30.54
2025-10-08 RBC Capital Nelson Ng Initiated $36 — +16.2% $30.98
2025-10-06 Evercore ISI — $30 $34 +4 +5.1% $32.36
2025-10-06 Roth Capital Justin Clare Initiated $38 — +17.4% $32.36
2025-03-24 Deutsche Bank — Initiated $38 — +27.3% $29.85
2024-09-20 Jefferies Julien Dumoulin-Smith Initiated $35 — +20.4% $29.07
2024-07-30 Morgan Stanley Robert Kad Initiated $36 — +36.7% $26.33
2024-05-14 Evercore ISI Michael Lonegan Initiated $30 — +11.6% $26.89

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.

B-
Oct 02, 2026
DCF
4
ROE
1
ROA
4
D/E
1
P/E
1
P/B
4
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. CWEN receives an overall rating of B-. Strongest factors: DCF (4/5), ROA (4/5), P/B (4/5). Areas of concern: ROE (1/5), D/E (1/5), P/E (1/5).
Rating Change History
DateFromTo
2026-07-22 C+ B-
2026-07-01 B- C+
2026-04-28 B B-
2026-04-23 B- B
2026-02-26 C+ B-
2026-02-24 C C+
2026-02-23 B C
2026-02-17 B+ B
2026-02-10 B B+
2026-02-06 B+ B

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.

★ ★ ★ ★ ★ 54 Grade B
Profitability
57
Balance Sheet
28
Earnings Quality
70
Growth
60
Value
52
Momentum
88
Safety
15
Cash Flow
77
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. CWEN scores highest in Momentum (88/100) and lowest in Safety (15/100). A grade of B indicates above-average fundamentals with room for improvement in select areas.

Risk & Quality Signals

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

Altman Z-Score
0.38
Distress Zone
Piotroski F-Score
6/9
✓ ✓ ✓ ✓ ✗ ✗ ✗ ✓ ✓
Beneish M-Score
-2.49
Unlikely Manipulator
Ohlson O-Score
-7.06
Bankruptcy prob: 0.1%
Low Risk
Credit Rating
B
Score: 25.7/100
Trend: Improving
Earnings Quality
75/100
OCF/NI: 11.18x
Accruals: -5.6%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. CWEN scores 0.38, placing it in the Distress Zone (safe > 2.99, distress < 1.81). Historically, companies in this range face elevated bankruptcy risk. 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. CWEN 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. CWEN's score of -2.49 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. CWEN's implied 0.1% 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. CWEN receives an estimated rating of B (score: 25.7/100), with a improving 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). CWEN's score of 75/100 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
38.61x
PEG
2.28x
P/S
3.83x
P/B
0.65x
P/FCF
6.16x
P/OCF
4.07x
EV/EBITDA
12.33x
EV/Revenue
8.75x
EV/EBIT
59.63x
EV/FCF
20.53x
Earnings Yield
2.20%
FCF Yield
16.22%
Shareholder Yield
8.99%
Graham Number
$27.67
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 38.6x earnings, CWEN commands a growth premium. Graham's intrinsic value formula yields $27.67 per share, 6% below 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
-0.695
NI / EBT
×
Interest Burden
-0.567
EBT / EBIT
×
EBIT Margin
0.147
EBIT / Rev
×
Asset Turnover
0.096
Rev / Assets
×
Equity Multiplier
4.480
Assets / Equity
=
ROE
2.5%
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. CWEN's ROE of 2.5% is driven by financial leverage (equity multiplier: 4.48x). Note: high leverage means ROE is amplified by debt rather than operational performance. A tax burden ratio of -0.69 suggests the company retains less than 60% of pre-tax earnings after taxes.

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
2.38%
Fair P/E
13.26x
Intrinsic Value
$9.97
Price/Value
3.43x
Margin of Safety
-242.82%
Premium
242.82%
Assessment
Overvalued
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with CWEN's realized 2.4% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. CWEN trades at a 243% premium to its adjusted intrinsic value of $9.97, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 13.3x compares to the current market P/E of 38.6x.

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
$29.34
Median 1Y
$31.39
5th Pctile
$18.59
95th Pctile
$53.01
Ann. Volatility
32.9%
Analyst Target
$43.50
25th–75th percentile 5th–95th percentile Median path Historical Analyst target

Workforce & Productivity

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

Employees
—
-100.0% YoY
Revenue / Employee
—
Rev: $1,429,000,000
Profit / Employee
—
NI: $169,000,000
SGA / Employee
—
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 Q3'21 Q4'21 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 Current
ROE 1.9% 2.8% 0.9% 27.0% 27.6% 28.6% 31.4% 3.7% 2.5% 3.6% 3.7% 4.2% 5.7% 4.2% 4.7% 3.8% 7.0% 8.5% 0.1% 2.5% 2.49%
ROA 0.3% 0.4% 0.1% 4.5% 4.6% 4.6% 4.8% 0.6% 0.4% 0.6% 0.6% 0.7% 0.9% 0.6% 0.6% 0.5% 1.8% 1.1% 0.0% 0.6% 0.55%
ROIC 1.9% 2.1% 1.8% 14.0% 13.4% 13.6% 14.2% 3.0% 0.3% 2.0% 1.5% 1.0% 1.7% 1.6% 1.8% 1.7% 0.9% 1.2% 1.0% 1.2% 1.18%
ROCE 1.8% 2.2% 2.2% 12.8% 13.1% 12.9% 13.3% 2.9% 2.8% 2.3% 1.9% 1.5% 2.1% 2.0% 2.1% 1.9% 1.4% 1.4% 1.4% 1.5% 1.45%
Gross Margin 66.7% 63.2% 40.2% 69.6% 71.2% 63.8% 62.5% 70.9% 63.9% 54.6% 52.1% 68.0% 72.2% 52.0% 59.1% 66.6% 70.2% -6.1% 62.1% 69.0% 69.02%
Operating Margin 25.4% 18.6% -24.8% 3.8% 30.9% 4.5% 14.6% 36.7% 25.3% -8.8% -11.0% 23.0% 36.6% -14.5% 1.0% 21.7% 26.1% -9.4% 7.6% 24.1% 24.12%
Net Margin 6.0% -2.5% -15.0% 1.5% 9.4% 4.5% 0.0% 9.4% 1.1% 14.9% -0.8% 13.9% 7.4% 1.2% 1.3% 8.4% 55.0% -33.5% -46.0% 25.4% 25.36%
EBITDA Margin 79.2% 65.7% 53.7% 4.3% 86.5% 75.4% 77.1% 82.8% 80.3% 70.7% 75.3% 82.0% 84.2% 68.8% 73.2% 78.6% 82.1% 66.8% 74.0% 61.5% 61.54%
FCF Margin 40.1% 44.4% 49.7% 48.0% 53.0% 56.7% 48.7% 44.3% 38.7% 31.1% 31.3% 30.7% 29.0% 35.2% 38.3% 39.2% 32.0% 25.8% 39.5% 42.6% 42.63%
OCF Margin 50.7% 54.5% 59.1% 59.1% 62.8% 66.1% 60.8% 55.1% 50.7% 53.4% 54.9% 61.6% 57.5% 56.2% 55.8% 54.4% 51.1% 48.1% 66.9% 64.6% 64.61%
ROE 3Y Avg snapshot only 3.32%
ROE 5Y Avg snapshot only 7.56%
ROA 3Y Avg snapshot only 0.55%
ROIC 3Y Avg snapshot only 0.81%
ROIC Economic snapshot only 1.16%
Cash ROA snapshot only 6.06%
Cash ROIC snapshot only 6.73%
CROIC snapshot only 4.44%
NOPAT Margin snapshot only 11.34%
Pretax Margin snapshot only -8.32%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 2.92%
SBC / Revenue snapshot only 0.00%
Valuation
Metric Trend Q3'21 Q4'21 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 Current
P/E Ratio 83.17 66.60 217.33 6.08 5.50 5.37 5.07 35.04 40.04 36.05 31.67 29.44 27.62 32.92 36.44 48.33 11.93 23.51 2337.76 45.45 38.605
P/S Ratio 2.27 2.64 2.75 2.68 2.49 2.63 2.46 2.21 1.62 2.17 1.89 2.12 2.47 2.11 2.44 2.57 2.39 2.78 3.15 2.63 3.830
P/B Ratio 1.59 1.85 1.97 1.46 1.35 1.40 1.45 1.34 1.02 1.36 1.18 1.23 1.58 1.40 1.76 1.99 0.58 2.07 0.85 0.76 0.649
P/FCF 5.64 5.95 5.54 5.58 4.71 4.63 5.05 4.98 4.19 6.98 6.04 6.92 8.51 6.00 6.36 6.54 7.48 10.77 7.98 6.16 6.164
P/OCF 4.47 4.85 4.65 4.53 3.97 3.97 4.05 4.01 3.20 4.06 3.44 3.44 4.30 3.76 4.37 4.72 4.68 5.77 4.70 4.07 4.067
EV/EBITDA 12.94 12.71 12.78 4.41 4.47 4.47 4.45 9.08 8.62 10.64 10.66 10.55 9.96 9.52 10.29 11.48 11.63 12.31 12.66 12.33 12.332
EV/Revenue 8.69 8.93 9.21 7.72 7.95 8.26 8.11 7.35 6.84 8.35 8.34 8.21 7.91 7.52 8.07 8.91 8.92 9.34 9.62 8.75 8.751
EV/EBIT 56.19 46.14 46.70 6.32 6.39 6.49 6.36 27.19 26.22 34.20 39.51 48.16 36.96 37.64 39.39 44.61 57.29 62.99 61.87 59.63 59.631
EV/FCF 21.64 20.12 18.51 16.09 15.00 14.57 16.63 16.59 17.68 26.90 26.60 26.79 27.25 21.35 21.05 22.70 27.86 36.19 24.39 20.53 20.529
Earnings Yield 1.2% 1.5% 0.5% 16.4% 18.2% 18.6% 19.7% 2.9% 2.5% 2.8% 3.2% 3.4% 3.6% 3.0% 2.7% 2.1% 8.4% 4.3% 0.0% 2.2% 2.20%
FCF Yield 17.7% 16.8% 18.1% 17.9% 21.2% 21.6% 19.8% 20.1% 23.9% 14.3% 16.6% 14.5% 11.8% 16.7% 15.7% 15.3% 13.4% 9.3% 12.5% 16.2% 16.22%
PEG Ratio snapshot only 2.281
Price/Tangible Book snapshot only 1.313
EV/OCF snapshot only 13.545
EV/Gross Profit snapshot only 16.517
Acquirers Multiple snapshot only 60.950
Shareholder Yield snapshot only 8.99%
Graham Number snapshot only $27.67
Leverage & Solvency
Metric Trend Q3'21 Q4'21 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 Current
Current Ratio 1.05 0.94 0.90 2.18 1.84 2.07 2.02 2.13 2.05 1.72 1.71 1.46 1.59 1.49 1.52 1.42 1.54 1.13 1.11 1.21 1.207
Quick Ratio 0.99 0.92 0.87 2.13 1.78 1.99 1.94 2.04 1.99 1.66 1.65 1.37 1.49 1.40 1.42 1.34 1.44 1.06 1.02 1.11 1.107
Debt/Equity 4.61 4.51 4.70 3.31 3.30 3.30 3.59 3.56 3.85 4.13 4.27 3.64 3.61 3.76 4.23 5.05 1.61 5.30 1.81 1.81 1.807
Net Debt/Equity 4.51 4.41 4.63 2.75 2.95 3.00 3.32 3.13 3.30 3.87 4.04 3.54 3.48 3.60 4.08 4.91 1.57 4.88 1.75 1.76 1.761
Debt/Assets 0.70 0.65 0.66 0.60 0.60 0.60 0.60 0.60 0.61 0.59 0.59 0.54 0.54 0.54 0.56 0.58 0.57 0.61 0.59 0.59 0.590
Debt/EBITDA 9.79 9.15 9.11 3.47 3.43 3.35 3.35 7.23 7.67 8.40 8.72 8.06 7.12 7.16 7.45 8.41 8.75 9.40 8.81 8.85 8.854
Net Debt/EBITDA 9.57 8.95 8.96 2.88 3.07 3.05 3.10 6.35 6.58 7.88 8.24 7.83 6.85 6.85 7.18 8.18 8.51 8.65 8.52 8.63 8.629
Interest Coverage 0.64 0.80 0.79 5.92 6.91 6.53 5.68 1.21 1.20 0.95 0.92 0.65 0.70 0.89 0.79 0.79 0.67 0.55 0.62 0.58 0.576
Equity Multiplier 6.63 6.99 7.17 5.52 5.50 5.51 5.94 5.90 6.34 7.00 7.22 6.75 6.68 6.95 7.54 8.67 2.81 8.66 3.08 3.06 3.064
Cash Ratio snapshot only 0.285
Debt Service Coverage snapshot only 2.786
Cash to Debt snapshot only 0.025
FCF to Debt snapshot only 0.068
Defensive Interval snapshot only 328.4 days
Efficiency & Turnover
Metric Trend Q3'21 Q4'21 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 Current
Asset Turnover 0.12 0.11 0.10 0.10 0.10 0.09 0.10 0.10 0.10 0.10 0.09 0.09 0.10 0.09 0.10 0.09 0.09 0.09 0.09 0.10 0.096
Inventory Turnover 10.12 11.42 11.58 11.56 10.11 10.36 9.54 9.36 8.87 9.27 9.18 8.83 8.32 8.42 7.95 7.86 7.52 10.22 9.38 9.37 9.367
Receivables Turnover 6.95 8.96 8.10 5.87 6.15 8.01 8.34 5.96 6.73 8.11 7.72 5.31 6.91 8.19 7.66 5.88 6.29 8.77 7.80 5.96 5.962
Payables Turnover 6.16 3.34 4.67 8.03 6.59 3.37 3.93 6.90 6.48 3.97 3.62 6.09 5.95 3.66 3.59 3.43 3.68 5.92 4.47 4.48 4.485
DSO 52 41 45 62 59 46 44 61 54 45 47 69 53 45 48 62 58 42 47 61 61.2 days
DIO 36 32 32 32 36 35 38 39 41 39 40 41 44 43 46 46 49 36 39 39 39.0 days
DPO 59 109 78 45 55 108 93 53 56 92 101 60 61 100 102 106 99 62 82 81 81.4 days
Cash Conversion Cycle 29 -37 -2 48 40 -27 -11 47 39 -7 -14 50 35 -12 -8 2 7 16 4 19 18.8 days
Fixed Asset Turnover snapshot only 0.126
Operating Cycle snapshot only 100.2 days
Cash Velocity snapshot only 6.271
Capital Intensity snapshot only 10.656
Growth (YoY)
Metric Trend Q3'21 Q4'21 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 Current
Revenue 8.1% 7.3% 7.2% 1.8% -0.6% -7.5% 0.1% 4.1% 7.5% 10.4% 2.0% -4.1% 2.3% 4.3% 9.1% 14.7% 0.8% 4.2% 5.6% 9.9% 9.92%
Net Income -22.7% 1.0% -71.9% 11.2% 15.5% 10.4% 37.4% -85.1% -90.4% -86.4% -87.5% 9.8% 1.3% 11.4% 22.1% -15.6% 1.3% 92.0% -97.9% 19.7% 19.74%
EPS -23.4% 1.0% -71.9% 11.2% 15.5% 10.4% 37.4% -85.1% -90.4% -86.4% -87.5% 9.8% 1.2% 10.4% 21.0% -16.3% 1.3% 89.7% -97.9% 16.8% 16.77%
FCF 19.0% 35.6% 71.6% 22.7% 31.1% 18.2% -1.9% -3.8% -21.5% -39.6% -34.4% -33.6% -23.3% 18.4% 33.4% 46.7% 11.1% -23.6% 8.7% 19.4% 19.40%
EBITDA -6.5% 2.5% 10.0% 1.7% 1.6% 1.4% 1.5% -51.9% -52.0% -53.0% -56.3% -7.8% 2.4% 4.9% 9.4% 14.3% -2.7% 0.2% 2.4% 0.5% 0.54%
Op. Income -24.1% -19.8% -14.6% 4.6% 5.4% 4.5% 5.9% -79.5% -80.4% -82.1% -87.7% -58.8% -29.0% -25.5% 18.8% 80.3% -22.7% -12.8% -14.5% -1.3% -1.31%
OCF Growth snapshot only 30.55%
Asset Growth snapshot only 4.61%
Equity Growth snapshot only 1.96%
Debt Growth snapshot only 5.82%
Shares Change snapshot only 2.54%
Dividend Growth snapshot only 4.85%
Growth (CAGR)
Metric Trend Q3'21 Q4'21 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 Current
Revenue 3Y 5.4% 6.9% 6.5% 7.0% 6.5% 4.9% 5.6% 5.2% 4.9% 3.1% 3.0% 0.5% 3.0% 2.2% 3.6% 4.6% 3.5% 6.3% 5.5% 6.5% 6.53%
Revenue 5Y 4.3% 5.5% 5.2% 4.5% 4.4% 3.4% 4.5% 4.6% 4.6% 4.5% 4.3% 4.1% 5.9% 5.8% 5.6% 5.1% 3.6% 3.6% 4.7% 5.1% 5.07%
EPS 3Y -13.1% -0.6% 7.2% — — — — 16.5% 6.8% 46.3% 10.5% 26.0% 52.7% 19.6% 79.9% -48.5% -21.3% -34.2% -85.3% 2.4% 2.38%
EPS 5Y -15.2% -5.6% -22.8% 66.7% 70.8% — 1.8% 10.5% 0.9% 8.7% 42.7% — — — — 7.7% 43.9% 45.7% -49.0% 14.4% 14.35%
Net Income 3Y -9.6% 2.0% 10.1% — — — — 17.2% 7.1% 46.7% 10.5% 26.0% 53.1% 19.9% 80.4% -48.3% -21.1% -33.8% -85.2% 3.5% 3.53%
Net Income 5Y -15.9% -2.2% -20.1% 65.0% 68.8% — 1.9% 8.7% 3.3% 10.5% 45.0% — — — — 8.3% 44.4% 46.6% -48.8% 15.1% 15.12%
EBITDA 3Y 0.6% 3.1% 4.3% 44.1% 42.9% 41.4% 42.7% 5.5% 5.7% 5.4% 6.8% 5.8% 8.9% 6.2% 6.6% -20.2% -21.8% -21.0% -21.2% 2.0% 1.95%
EBITDA 5Y 1.0% 6.0% 6.3% 25.5% 25.5% 22.8% 23.8% 5.0% 5.1% 4.6% 4.7% 5.8% 7.5% 6.8% 6.8% 4.3% 3.3% 4.2% 6.4% 6.4% 6.38%
Gross Profit 3Y 4.0% 5.0% 3.4% 4.0% 4.3% 3.0% 5.5% 5.1% 3.7% 0.3% 0.1% -2.8% 2.0% 1.4% 4.6% 5.8% 3.5% -1.6% -3.5% -1.8% -1.81%
Gross Profit 5Y 4.0% 4.2% 3.2% 2.1% 2.6% 2.0% 4.4% 4.4% 3.7% 3.1% 2.1% 1.9% 4.8% 4.7% 4.7% 3.9% 2.1% -2.9% -0.8% 0.2% 0.19%
Op. Income 3Y -8.2% -8.4% -12.4% 74.6% 77.3% 87.2% 88.1% 3.5% -1.5% -7.6% -10.4% -22.2% -3.7% -9.8% 0.0% -46.6% -52.5% -51.2% -50.1% -9.8% -9.80%
Op. Income 5Y -7.8% 6.1% 4.3% 50.6% 54.6% 39.0% 41.3% 0.5% -0.5% -5.4% -10.7% -14.7% -5.0% -2.6% -0.6% -3.8% -12.1% -12.5% -6.1% -3.5% -3.50%
FCF 3Y 2.3% 11.2% 15.0% 21.7% 37.1% 39.4% 35.4% 24.9% 7.0% -1.0% 3.3% -7.8% -7.5% -5.4% -5.0% -2.2% -12.5% -18.2% -1.7% 5.2% 5.16%
FCF 5Y -0.5% 1.1% 4.6% 3.3% 7.0% 6.8% 5.3% 4.5% 2.0% -0.3% -0.4% 2.8% 9.2% 14.2% 16.8% 13.7% 0.9% -2.6% 9.9% 6.5% 6.53%
OCF 3Y 5.6% 12.1% 14.8% 16.5% 17.8% 18.2% 15.4% 12.0% 7.5% 8.8% 11.7% 8.6% 7.4% 3.2% 1.6% 1.8% -3.4% -4.4% 8.9% 12.4% 12.36%
OCF 5Y 3.1% 4.6% 7.6% 6.8% 9.5% 8.8% 8.1% 6.4% 4.7% 7.1% 7.5% 10.5% 10.5% 10.1% 9.4% 8.8% 5.3% 4.8% 14.4% 11.1% 11.06%
Assets 3Y 11.5% 14.7% 14.3% 13.1% 12.5% 7.4% 10.1% 9.0% 11.2% 11.5% 7.8% 6.9% 6.5% 3.8% 5.1% 8.2% 8.4% 10.6% 9.9% 9.9% 9.93%
Assets 5Y 6.8% 8.9% 8.0% 8.2% 8.3% 8.3% 8.8% 8.4% 9.5% 11.6% 11.9% 10.7% 10.0% 7.6% 8.9% 10.5% 10.6% 9.5% 7.4% 7.1% 7.14%
Equity 3Y -2.8% 0.2% -0.2% 9.8% 9.4% 6.5% 6.0% 4.8% 3.9% 4.8% 4.6% 6.2% 6.3% 4.0% 3.3% -6.9% 35.6% -4.8% 36.9% 36.8% 36.75%
Book Value 3Y -6.5% -2.4% -2.8% 6.9% 7.2% 4.1% 5.1% 4.2% 3.6% 4.5% 4.6% 6.2% 6.0% 3.7% 3.0% -7.2% 35.2% -5.5% 36.1% 35.2% 35.23%
Dividend 3Y 7.9% 5.4% 9.7% 6.7% 7.4% 7.2% -5.1% -4.6% -4.4% -4.4% 2.3% 2.3% 2.2% 2.1% 2.2% 2.1% 1.9% 1.6% 1.9% 1.3% 1.30%
Growth Quality
Metric Trend Q3'21 Q4'21 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 Current
Revenue Stability 0.72 0.81 0.91 0.87 0.87 0.68 0.93 0.96 0.95 0.72 0.91 0.73 0.92 0.80 0.91 0.80 0.95 0.84 0.94 0.73 0.725
Earnings Stability 0.12 0.00 0.00 0.40 0.40 0.49 0.47 0.25 0.21 0.22 0.23 0.13 0.13 0.08 0.08 0.00 0.06 0.01 0.02 0.11 0.107
Margin Stability 0.98 0.97 0.96 0.96 0.97 0.96 0.97 0.96 0.97 0.96 0.95 0.95 0.97 0.98 0.96 0.95 0.97 0.89 0.89 0.90 0.904
Rev. Growth Consistency 1.00 1.00 1.00 1.00 0.00 0.00 1.00 1.00 0.50 0.50 1.00 0.00 1.00 1.00 1.00 0.50 1.00 1.00 1.00 1.00 1.000
Earn. Growth Consistency 0.00 1.00 0.00 0.50 0.50 1.00 0.50 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 0.00 1.00 1.00 0.00 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 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.96 0.50 0.95 0.91 0.94 0.50 0.50 0.50 0.92 0.921
Earnings Smoothness 0.74 0.32 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.91 0.23 0.89 0.80 0.83 0.23 0.37 0.00 0.82 0.820
ROE Trend 0.03 0.02 -0.00 0.21 0.22 0.24 0.27 -0.09 -0.11 -0.11 -0.11 -0.10 -0.08 -0.11 -0.11 0.00 0.01 0.05 -0.04 -0.02 -0.025
Gross Margin Trend -0.02 -0.03 -0.05 -0.05 -0.04 -0.04 0.02 0.03 0.01 -0.00 -0.03 -0.04 -0.01 -0.00 0.00 0.00 -0.02 -0.13 -0.12 -0.10 -0.096
FCF Margin Trend 0.09 0.15 0.23 0.15 0.15 0.17 0.08 0.00 -0.08 -0.20 -0.18 -0.15 -0.17 -0.09 -0.02 0.02 -0.02 -0.07 0.05 0.08 0.077
Sustainable Growth Rate -12.5% -11.9% -18.0% 10.3% 10.6% 11.3% 16.3% -9.9% -11.5% -10.7% -11.4% -10.8% -9.8% -11.8% -12.3% -13.5% -1.9% -9.5% -9.8% -7.7% -7.68%
Internal Growth Rate — — — 1.7% 1.8% 1.9% 2.6% — — — — — — — — — — — — — —
Cash Flow Quality
Metric Trend Q3'21 Q4'21 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 Current
OCF/Net Income 18.62 13.75 46.69 1.34 1.39 1.35 1.25 8.74 12.52 8.89 9.19 8.56 6.43 8.75 8.34 10.25 2.55 4.07 497.00 11.18 11.176
FCF/OCF 0.79 0.81 0.84 0.81 0.84 0.86 0.80 0.80 0.76 0.58 0.57 0.50 0.51 0.63 0.69 0.72 0.63 0.54 0.59 0.66 0.660
FCF/Net Income snapshot only 7.374
OCF/EBITDA snapshot only 0.910
CapEx/Revenue 10.6% 10.1% 9.4% 11.1% 9.8% 9.4% 12.1% 10.8% 12.0% 22.4% 23.6% 31.0% 28.4% 20.9% 17.4% 15.2% 19.1% 22.3% 27.5% 22.0% 21.98%
CapEx/Depreciation snapshot only 0.391
Accruals Ratio -0.06 -0.06 -0.06 -0.02 -0.02 -0.02 -0.01 -0.05 -0.05 -0.05 -0.05 -0.05 -0.05 -0.05 -0.05 -0.05 -0.03 -0.03 -0.06 -0.06 -0.056
Sloan Accruals snapshot only -0.064
Cash Flow Adequacy snapshot only 1.416
Earnings Quality Score snapshot only 0.750
Dividends & Buybacks
Metric Trend Q3'21 Q4'21 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 Current
Dividend Yield 9.3% 7.9% 9.7% 10.2% 11.2% 11.3% 9.5% 10.5% 14.2% 10.9% 13.0% 12.2% 9.8% 11.5% 9.9% 9.4% 10.7% 9.0% 7.8% 9.0% 6.32%
Dividend/Share $2.25 $2.29 $2.87 $2.91 $2.97 $3.02 $2.52 $2.57 $2.62 $2.66 $2.70 $2.75 $2.79 $2.83 $2.88 $2.93 $2.97 $3.00 $3.08 $3.07 $1.86
Payout Ratio 7.7% 5.3% 21.0% 61.9% 61.7% 60.7% 48.0% 3.7% 5.7% 3.9% 4.1% 3.6% 2.7% 3.8% 3.6% 4.6% 1.3% 2.1% 183.0% 4.1% 4.09%
FCF Payout Ratio 52.5% 46.9% 53.5% 56.8% 52.8% 52.3% 47.9% 52.2% 59.3% 76.2% 78.2% 84.1% 83.1% 69.2% 63.1% 61.6% 79.8% 97.0% 62.5% 55.4% 55.44%
Total Payout Ratio 7.7% 5.3% 21.0% 61.9% 61.7% 60.7% 48.0% 3.7% 5.7% 3.9% 4.1% 3.6% 2.7% 3.8% 3.6% 4.6% 1.3% 2.1% 183.0% 4.1% 4.09%
Div. Increase Streak 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1
Chowder Number 0.51 0.35 0.53 0.42 0.43 0.43 -0.03 -0.01 0.02 -0.01 0.20 0.19 0.17 0.19 0.18 0.17 0.17 0.16 0.15 0.17 0.165
Buyback 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%
Net Buyback Yield -0.1% 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% -1.2% -2.1% -2.4% -2.37%
Total Shareholder Return 9.2% 7.9% 9.7% 10.2% 11.2% 11.3% 9.5% 10.5% 14.2% 10.9% 13.0% 12.2% 9.8% 11.5% 9.9% 9.4% 10.7% 7.8% 5.7% 6.6% 6.63%
DuPont Factors
Metric Trend Q3'21 Q4'21 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 Current
Tax Burden (NI/EBT) -0.31 -0.81 -0.25 0.43 0.43 0.45 0.46 1.37 0.95 -4.94 -3.35 -0.78 -0.96 -2.67 -1.21 -1.01 -2.60 -0.97 -0.01 -0.69 -0.695
Interest Burden (EBT/EBIT) -0.56 -0.25 -0.26 0.83 0.86 0.85 0.82 0.17 0.16 -0.05 -0.08 -0.54 -0.43 -0.12 -0.27 -0.26 -0.50 -0.83 -0.61 -0.57 -0.567
EBIT Margin 0.15 0.19 0.20 1.22 1.24 1.27 1.28 0.27 0.26 0.24 0.21 0.17 0.21 0.20 0.20 0.20 0.16 0.15 0.16 0.15 0.147
Asset Turnover 0.12 0.11 0.10 0.10 0.10 0.09 0.10 0.10 0.10 0.10 0.09 0.09 0.10 0.09 0.10 0.09 0.09 0.09 0.09 0.10 0.096
Equity Multiplier 5.88 6.40 6.88 6.00 5.99 6.18 6.49 5.70 5.90 6.23 6.57 6.33 6.51 6.98 7.38 7.64 3.86 7.77 4.24 4.48 4.480
Per Share
Metric Trend Q3'21 Q4'21 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 Current
EPS (Diluted TTM) $0.29 $0.44 $0.14 $4.71 $4.80 $4.97 $5.25 $0.70 $0.46 $0.68 $0.66 $0.77 $1.03 $0.75 $0.80 $0.64 $2.34 $1.41 $0.02 $0.75 $0.75
Book Value/Share $15.20 $15.68 $15.06 $19.60 $19.58 $19.09 $18.35 $18.29 $18.03 $17.95 $17.59 $18.38 $18.08 $17.47 $16.46 $15.67 $48.43 $16.11 $46.24 $45.23 $46.26
Tangible Book/Share $-4.34 $-5.68 $-5.94 $-1.08 $-2.77 $-2.84 $-3.17 $-2.83 $-2.68 $-2.34 $-2.33 $-1.15 $-0.90 $-1.11 $-1.76 $-3.65 $28.58 $-3.10 $26.29 $26.03 $26.03
Revenue/Share $10.67 $10.99 $10.79 $10.69 $10.60 $10.17 $10.80 $11.13 $11.39 $11.23 $11.02 $10.68 $11.56 $11.62 $11.92 $12.14 $11.65 $11.96 $12.48 $13.01 $13.01
FCF/Share $4.28 $4.88 $5.37 $5.13 $5.62 $5.77 $5.26 $4.93 $4.41 $3.49 $3.45 $3.27 $3.36 $4.09 $4.57 $4.76 $3.73 $3.09 $4.92 $5.55 $5.55
OCF/Share $5.41 $5.99 $6.38 $6.32 $6.66 $6.73 $6.57 $6.13 $5.78 $6.00 $6.05 $6.58 $6.64 $6.53 $6.64 $6.60 $5.96 $5.76 $8.35 $8.40 $8.40
Cash/Share $1.62 $1.53 $1.20 $11.01 $6.78 $5.62 $4.92 $7.85 $9.88 $4.57 $4.09 $1.93 $2.47 $2.81 $2.52 $2.20 $2.13 $6.85 $2.73 $2.07 $2.07
EBITDA/Share $7.16 $7.73 $7.78 $18.71 $18.85 $18.79 $19.70 $9.01 $9.04 $8.82 $8.62 $8.31 $9.18 $9.18 $9.35 $9.42 $8.93 $9.08 $9.49 $9.23 $9.23
Debt/Share $70.13 $70.70 $70.85 $64.86 $64.56 $62.91 $65.91 $65.09 $69.38 $74.05 $75.09 $66.97 $65.37 $65.67 $69.64 $79.20 $78.12 $85.37 $83.55 $81.74 $81.74
Net Debt/Share $68.51 $69.17 $69.66 $53.85 $57.78 $57.30 $60.99 $57.25 $59.50 $69.48 $71.01 $65.03 $62.90 $62.86 $67.12 $77.00 $75.99 $78.52 $80.82 $79.66 $79.66
Academic Models
Metric Trend Q3'21 Q4'21 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 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — 0.384
Altman Z-Prime snapshot only 0.574
Piotroski F-Score 4 5 6 7 8 8 8 6 6 6 5 6 6 6 7 4 5 4 4 6 6
Beneish M-Score -2.36 -2.78 -2.69 -2.50 -2.58 -2.47 -2.60 -2.69 -1.77 -1.35 -1.19 -2.51 -3.06 -3.21 -3.16 -2.79 -2.39 -7.53 -2.62 -2.49 -2.490
Ohlson O-Score snapshot only -7.063
ROIC (Greenblatt) snapshot only 1.83%
Net-Net WC snapshot only $-83.58
EVA snapshot only $-1332660000.00
Credit
Metric Trend Q3'21 Q4'21 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 Current
Credit Rating snapshot only B
Credit Score 16.62 15.01 14.79 48.00 47.57 48.88 48.12 29.28 28.07 20.51 21.73 19.02 22.49 21.15 22.71 19.50 24.51 16.89 23.27 25.73 25.734
Credit Grade snapshot only 15
Credit Trend snapshot only 6.238
Implied Spread (bps) snapshot only 750.000
Industry Credit Rank snapshot only 27
Sector Credit Rank snapshot only 16

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