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HCSG NASDAQ

Healthcare Services Group, Inc.
1W: -0.9% 1M: -4.1% 3M: -15.2% YTD: +20.3% 1Y: +28.4% 3Y: +94.9% 5Y: -9.9%
$20.87
+0.29 (+1.41%)
 
Weekly Expected Move ±2.4%
$20 $20 $21 $21 $22
NASDAQ · Healthcare · Medical - Care Facilities · Tech Score Sell · Power 37 · $1.4B mcap · 68M float · 1.06% daily turnover · Short 49% 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.

NO EDGE
36.8 / 100
NoneWeakNarrowWide
Primary source: Cost Advantage  ·  ROIC: 31.7%  ·  5Y Avg: 14.4%
Cost Advantage ★
55
Intangibles
36
Switching Cost
27
Network Effect
24
Scale
43
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. HCSG has No discernible competitive edge (36.8/100). The business operates without significant structural advantages. The primary source of advantage is Cost Advantage. ROIC of 31.7% 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
$28
Low
$28
Avg Target
$28
High
Based on 1 analyst since Jul 22, 2026 earnings
Analyst Recommendations
Strong Buy: 0Buy: 6Hold: 7Sell: 2Strong Sell: 0
Rating Summary
ConsensusHold
Avg Target$29.00
Analysts2
Consensus Change History
DateFieldFromTo
2026-04-23 consensus Buy Hold
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-08-19 Oppenheimer — Initiated $28 — +27.6% $21.94
2026-07-08 UBS — $27 $30 +3 +24.0% $24.20
2026-04-23 RBC Capital — $20 $24 +4 +8.7% $22.08
2026-04-23 UBS — $25 $27 +2 +22.3% $22.08
2026-04-23 BMO Capital — $22 $24 +2 +4.8% $22.89
2026-02-12 UBS — $22 $25 +3 +18.2% $21.15
2026-02-12 BMO Capital — Initiated $22 — +1.5% $21.68
2026-02-12 Robert W. Baird — $13 $23 +10 +8.0% $21.30
2025-10-28 UBS — Initiated $22 — +16.7% $18.85
2025-04-24 Robert W. Baird Andrew Wittmann $14 $13 -1 +1.8% $12.77
2024-07-25 Robert W. Baird Andrew Wittmann Initiated $14 — +26.4% $11.07
2022-04-21 Credit Suisse — Initiated $18 — -9.6% $19.91
2022-04-20 RBC Capital Sean Dodge Initiated $20 — -0.4% $20.09

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. HCSG 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 A A-
2026-08-18 A- A
2026-08-17 A A-
2026-07-25 A+ A
2026-07-22 A- A+
2026-06-16 A A-
2026-05-26 A- A
2026-03-20 B+ A-
2026-03-18 A- 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.

★ ★ ★ ★ ★ 73 Grade A+
Profitability
46
Balance Sheet
96
Earnings Quality
74
Growth
62
Value
68
Momentum
88
Safety
100
Cash Flow
78
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. HCSG scores highest in Safety (100/100) and lowest in Profitability (46/100). An overall grade of A+ places HCSG 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 Z-Score
7.41
Safe Zone
Piotroski F-Score
8/9
✓ ✓ ✓ ✓ ✗ ✓ ✓ ✓ ✓
Beneish M-Score
-3.24
Unlikely Manipulator
Ohlson O-Score
-9.84
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
AAA
Score: 96.1/100
Trend: Improving
Earnings Quality
100/100
OCF/NI: 1.28x
Accruals: -4.2%
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. HCSG scores 7.41, placing it in the Safe Zone (safe > 2.99, distress < 1.81). Bankruptcy is statistically unlikely within the next two years. 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. HCSG scores 8/9, signaling strong financial health across all three dimensions. 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. HCSG's score of -3.24 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. HCSG's implied 0.0% 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. HCSG receives an estimated rating of AAA (score: 96.1/100), 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). HCSG'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
12.06x
PEG
0.01x
P/S
0.77x
P/B
2.79x
P/FCF
11.43x
P/OCF
11.01x
EV/EBITDA
10.28x
EV/Revenue
0.83x
EV/EBIT
10.85x
EV/FCF
10.22x
Earnings Yield
7.10%
FCF Yield
8.75%
Shareholder Yield
5.30%
Graham Number
$17.00
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 12.1x earnings, HCSG trades at a reasonable valuation. An earnings yield of 7.1% exceeds typical risk-free rates, suggesting equities are being compensated for risk. Graham's intrinsic value formula yields $17.00 per share, 23% 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
0.812
NI / EBT
×
Interest Burden
1.061
EBT / EBIT
×
EBIT Margin
0.077
EBIT / Rev
×
Asset Turnover
2.298
Rev / Assets
×
Equity Multiplier
1.630
Assets / Equity
=
ROE
24.7%
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. HCSG's ROE of 24.7% is driven by Asset Turnover (2.298), indicating efficient use of assets to generate revenue.

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
$67.16
Price/Value
0.37x
Margin of Safety
63.43%
Premium
-63.43%
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 HCSG's realized 15.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. HCSG actually compounded EPS at 52.9% 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. HCSG trades at a -63% premium to its adjusted intrinsic value of $67.16, 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 12.1x.

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
$20.87
Median 1Y
$19.09
5th Pctile
$9.97
95th Pctile
$36.54
Ann. Volatility
43.6%
Analyst Target
$29.00
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
Theodore Wahl &
resident & Chief Executive Officer & Director
$1,005,108 $2,475,457 $4,725,723
Andrew W. Kush
Executive Vice President & Chief Operating Officer
$651,288 $510,164 $1,583,287
John C. Shea
Executive Vice President & Chief Administrative Officer
$618,371 $521,042 $1,468,431
Patrick J. Orr
Executive Vice President & Chief Revenue Officer
$591,304 $477,587 $1,427,759
Vikas Singh &
xecutive Vice President & Chief Financial Officer
$578,998 $508,000 $1,314,831

CEO Pay Ratio

891:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $4,725,723
Avg Employee Cost (SGA/emp): $5,302
Employees: 36,000

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
36,000
+2.0% YoY
Revenue / Employee
$51,033
Rev: $1,837,173,000
Profit / Employee
$1,641
NI: $59,059,000
SGA / Employee
$5,302
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 15.1% 9.8% 6.9% 6.4% 4.6% 7.9% 7.9% 8.2% 7.1% 8.4% 8.9% 6.6% 10.8% 8.3% 8.4% 2.3% 8.1% 11.7% 13.2% 24.7% 24.69%
ROA 9.2% 5.8% 4.3% 3.8% 2.7% 4.6% 4.8% 4.8% 4.2% 4.9% 5.3% 3.9% 6.4% 4.9% 5.1% 1.3% 4.9% 7.3% 8.3% 15.2% 15.15%
ROIC 24.4% 15.7% 9.4% 8.9% 5.9% 10.1% 9.1% 8.7% 7.7% 10.2% 10.5% 8.5% 12.2% 10.4% 9.7% 2.8% 9.5% 14.5% 16.7% 31.7% 31.72%
ROCE 15.1% 10.6% 8.1% 7.1% 5.3% 8.9% 8.9% 9.4% 8.5% 10.2% 10.9% 8.8% 12.6% 9.5% 9.7% 3.3% 9.3% 10.9% 12.8% 22.5% 22.55%
Gross Margin 12.2% 10.3% 12.5% 10.7% 9.1% 13.5% 14.9% 14.9% 8.2% 17.3% 15.2% 9.7% 14.8% 13.4% 15.2% 0.6% 20.8% 16.3% 16.4% 15.9% 15.89%
Operating Margin 2.8% 0.4% 3.3% 2.3% 0.2% 4.7% 3.2% 2.4% -1.3% 7.4% 5.1% -0.4% 4.4% 3.3% 4.8% -9.1% 10.7% 5.5% 7.3% 4.7% 4.72%
Net Margin 2.3% 0.5% 2.7% 1.6% 0.1% 3.8% 2.8% 2.0% -1.3% 5.3% 3.6% -0.4% 3.3% 2.7% 3.8% -7.1% 9.3% 6.7% 5.6% 4.8% 4.82%
EBITDA Margin 3.9% 1.4% 4.8% 2.9% 1.3% 5.9% 5.2% 3.9% -0.2% 8.7% 6.3% 0.8% 5.6% 4.5% 6.3% -8.0% 13.3% 7.0% 8.3% 3.8% 3.76%
FCF Margin 4.6% 1.9% -0.2% -1.1% -0.3% -0.8% 0.1% -0.0% 0.7% 2.3% 1.6% 2.1% 2.2% 1.4% 4.5% 5.1% 8.7% 7.6% 8.4% 8.1% 8.12%
OCF Margin 4.9% 2.3% 0.2% -0.8% 0.0% -0.5% 0.3% 0.2% 1.0% 2.6% 2.0% 2.5% 2.6% 1.8% 4.8% 5.5% 9.1% 7.9% 8.7% 8.4% 8.43%
ROE 3Y Avg snapshot only 10.82%
ROE 5Y Avg snapshot only 9.47%
ROA 3Y Avg snapshot only 6.72%
ROIC 3Y Avg snapshot only 14.52%
ROIC Economic snapshot only 21.33%
Cash ROA snapshot only 19.15%
Cash ROIC snapshot only 46.83%
CROIC snapshot only 45.12%
NOPAT Margin snapshot only 5.71%
Pretax Margin snapshot only 8.12%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 10.30%
SBC / Revenue snapshot only 0.61%
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 24.54 27.26 40.66 42.18 43.00 25.77 29.55 30.58 25.36 20.69 22.73 25.51 16.47 21.78 18.01 102.05 31.13 23.19 19.41 14.08 12.064
P/S Ratio 1.07 0.76 0.80 0.74 0.52 0.53 0.61 0.66 0.46 0.46 0.55 0.46 0.49 0.50 0.43 0.62 0.68 0.75 0.71 0.93 0.768
P/B Ratio 3.65 2.76 2.96 2.87 2.10 2.09 2.35 2.47 1.76 1.68 1.95 1.66 1.69 1.72 1.45 2.31 2.49 2.68 2.57 3.34 2.788
P/FCF 23.11 39.80 -469.19 -65.89 -166.62 -66.71 1133.29 -1804.35 65.15 20.11 34.03 21.79 21.90 35.14 9.50 12.14 7.83 9.84 8.46 11.43 11.428
P/OCF 21.56 33.70 386.43 — 2790.98 — 180.54 270.87 45.77 17.61 27.38 18.31 18.75 27.91 8.84 11.40 7.55 9.45 8.18 11.01 11.011
EV/EBITDA 14.09 13.91 19.60 21.01 18.26 12.68 14.94 15.18 11.44 8.95 10.67 10.45 8.28 10.01 8.48 26.96 14.79 13.81 11.97 10.28 10.280
EV/Revenue 0.95 0.66 0.72 0.68 0.48 0.48 0.57 0.62 0.43 0.40 0.50 0.41 0.44 0.43 0.37 0.54 0.60 0.65 0.62 0.83 0.830
EV/EBIT 16.21 17.13 26.06 29.05 27.92 16.73 19.42 19.37 14.86 11.10 12.99 13.31 9.88 12.47 10.58 49.83 19.11 17.14 14.48 10.85 10.849
EV/FCF 20.56 34.47 -426.82 -60.16 -151.62 -60.10 1058.13 -1690.43 59.72 17.39 31.12 19.28 20.05 30.26 8.14 10.51 6.84 8.56 7.41 10.22 10.219
Earnings Yield 4.1% 3.7% 2.5% 2.4% 2.3% 3.9% 3.4% 3.3% 3.9% 4.8% 4.4% 3.9% 6.1% 4.6% 5.6% 1.0% 3.2% 4.3% 5.2% 7.1% 7.10%
FCF Yield 4.3% 2.5% -0.2% -1.5% -0.6% -1.5% 0.1% -0.1% 1.5% 5.0% 2.9% 4.6% 4.6% 2.8% 10.5% 8.2% 12.8% 10.2% 11.8% 8.8% 8.75%
PEG Ratio snapshot only 0.011
Price/Tangible Book snapshot only 4.122
EV/OCF snapshot only 9.846
EV/Gross Profit snapshot only 4.790
Acquirers Multiple snapshot only 11.803
Shareholder Yield snapshot only 5.30%
Graham Number snapshot only $17.00
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 3.68 2.86 3.01 2.84 2.82 2.85 3.15 2.90 2.84 2.64 2.77 2.74 2.93 2.89 2.89 2.49 2.97 3.38 3.11 3.02 3.022
Quick Ratio 3.51 2.72 2.87 2.71 2.69 2.73 3.02 2.79 2.74 2.55 2.69 2.65 2.85 2.80 2.81 2.49 2.88 3.28 3.03 2.94 2.938
Debt/Equity 0.02 0.04 0.05 0.05 0.08 0.08 0.10 0.11 0.13 0.10 0.11 0.09 0.07 0.03 0.02 0.03 0.04 0.05 0.03 0.03 0.034
Net Debt/Equity -0.40 -0.37 -0.27 -0.25 -0.19 -0.21 -0.16 -0.16 -0.15 -0.23 -0.17 -0.19 -0.14 -0.24 -0.21 -0.31 -0.32 -0.35 -0.32 -0.35 -0.353
Debt/Assets 0.01 0.02 0.03 0.03 0.05 0.05 0.06 0.07 0.08 0.05 0.06 0.05 0.04 0.02 0.01 0.02 0.02 0.03 0.02 0.02 0.022
Debt/EBITDA 0.11 0.23 0.34 0.36 0.77 0.52 0.67 0.75 0.91 0.59 0.64 0.61 0.37 0.22 0.11 0.43 0.27 0.29 0.15 0.12 0.118
Net Debt/EBITDA -1.75 -2.15 -1.95 -2.00 -1.81 -1.39 -1.06 -1.02 -1.04 -1.40 -1.00 -1.36 -0.76 -1.61 -1.42 -4.20 -2.16 -2.08 -1.70 -1.22 -1.216
Interest Coverage 72.48 45.64 30.07 23.92 13.59 16.09 11.75 9.45 6.80 7.59 8.03 6.57 10.45 9.22 12.48 5.41 20.15 34.72 40.46 91.93 91.928
Equity Multiplier 1.65 1.74 1.67 1.69 1.71 1.69 1.63 1.69 1.70 1.76 1.69 1.70 1.65 1.63 1.60 1.68 1.62 1.58 1.59 1.58 1.582
Cash Ratio snapshot only 1.068
Debt Service Coverage snapshot only 97.018
Cash to Debt snapshot only 11.330
FCF to Debt snapshot only 8.543
Defensive Interval snapshot only 997.9 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 2.13 2.08 2.17 2.17 2.23 2.25 2.29 2.23 2.27 2.20 2.20 2.16 2.19 2.12 2.14 2.21 2.25 2.26 2.26 2.30 2.298
Inventory Turnover 46.80 49.13 53.78 58.00 60.97 63.43 65.63 66.89 69.49 72.62 75.42 77.79 80.52 84.46 85.42 176.87 92.41 95.02 96.55 194.66 194.661
Receivables Turnover 5.80 5.98 5.81 5.60 5.29 5.36 5.02 4.71 4.67 4.64 4.43 4.33 4.40 4.80 4.67 4.90 5.20 5.71 5.81 5.80 5.797
Payables Turnover 26.62 24.26 25.97 25.38 25.55 22.55 23.03 22.03 21.09 19.00 21.03 21.35 19.82 18.10 19.89 21.04 19.99 20.11 19.78 18.80 18.798
DSO 63 61 63 65 69 68 73 78 78 79 82 84 83 76 78 74 70 64 63 63 63.0 days
DIO 8 7 7 6 6 6 6 5 5 5 5 5 5 4 4 2 4 4 4 2 1.9 days
DPO 14 15 14 14 14 16 16 17 17 19 17 17 18 20 18 17 18 18 18 19 19.4 days
Cash Conversion Cycle 57 53 56 57 61 58 62 66 66 64 70 72 69 60 64 59 56 50 48 45 45.4 days
Fixed Asset Turnover snapshot only 62.315
Operating Cycle snapshot only 64.8 days
Cash Velocity snapshot only 9.283
Capital Intensity snapshot only 0.440
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 -7.8% -6.7% -3.4% 1.4% 2.5% 2.9% 1.2% -0.8% -0.9% -1.1% -0.2% 0.6% 1.8% 2.7% 3.7% 5.2% 6.3% 7.1% 6.5% 5.2% 5.22%
Net Income -20.4% -53.5% -68.5% -66.8% -71.2% -24.5% 7.5% 22.2% 48.7% 6.9% 16.3% -15.9% 63.9% 6.6% 1.8% -64.7% -20.8% 49.6% 64.0% 10.4% 10.37%
EPS -20.7% -53.2% -68.1% -66.4% -70.9% -24.5% 7.2% 21.8% 48.6% 7.6% 17.0% -15.1% 64.9% 6.4% 1.9% -64.5% -20.3% 54.5% 70.8% 10.8% 10.85%
FCF -49.7% -85.2% -1.0% -1.1% -1.1% -1.4% 1.3% 96.8% 3.2% 3.8% 28.8% 59.1% 2.2% -35.8% 1.9% 1.5% 3.2% 4.7% 98.5% 66.7% 66.67%
EBITDA -18.8% -46.2% -59.4% -59.8% -60.2% -18.6% 5.2% 25.8% 41.0% 16.7% 22.7% -3.7% 46.8% -0.0% -5.0% -46.5% -20.0% 16.6% 28.0% 3.3% 3.25%
Op. Income -19.4% -52.2% -68.3% -68.4% -72.0% -26.7% 4.3% 17.9% 45.9% 11.7% 31.5% 5.0% 84.6% 7.6% -7.9% -71.4% -37.7% 3.4% 26.9% 8.9% 8.95%
OCF Growth snapshot only 62.40%
Asset Growth snapshot only 2.33%
Equity Growth snapshot only 8.76%
Debt Growth snapshot only 15.49%
Shares Change snapshot only -4.00%
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 -6.5% -6.5% -5.7% -4.6% -3.7% -2.8% -2.5% -2.4% -2.1% -1.7% -0.8% 0.4% 1.1% 1.5% 1.6% 1.6% 2.3% 2.8% 3.3% 3.6% 3.65%
Revenue 5Y 1.5% 1.0% 1.0% 0.3% -0.9% -2.0% -3.1% -3.5% -3.6% -3.6% -3.3% -2.8% -2.1% -1.4% -0.8% -0.4% 0.3% 0.9% 1.5% 2.3% 2.29%
EPS 3Y -0.5% -18.0% -29.3% -29.4% -35.6% -18.7% -22.6% -23.2% -30.0% -27.6% -26.3% -29.7% -10.7% -4.7% 8.5% -28.4% 25.0% 21.0% 26.7% 52.9% 52.88%
EPS 5Y 1.1% -10.1% -16.7% -18.9% -25.2% -17.0% -12.0% -12.2% -15.7% -14.8% -15.0% -18.3% -8.1% -9.2% -11.2% -32.8% -14.8% -9.0% -7.0% 7.9% 7.93%
Net Income 3Y -0.3% -18.1% -29.4% -29.5% -35.7% -18.8% -22.7% -23.3% -30.2% -27.9% -26.7% -30.1% -11.2% -4.9% 8.4% -28.7% 24.5% 19.5% 24.7% 50.0% 50.03%
Net Income 5Y 1.5% -9.9% -16.6% -18.8% -25.3% -17.1% -12.0% -12.1% -15.8% -15.0% -15.2% -18.5% -8.3% -9.4% -11.4% -33.1% -15.1% -9.8% -8.0% 6.5% 6.53%
EBITDA 3Y 1.0% -11.5% -21.7% -23.1% -26.9% -14.8% -17.9% -17.7% -23.0% -20.1% -19.4% -21.3% -6.3% -1.7% 7.0% -13.5% 18.3% 10.8% 14.3% 29.9% 29.89%
EBITDA 5Y 1.0% -9.1% -13.7% -16.1% -19.9% -14.3% -9.1% -8.3% -10.4% -8.0% -9.1% -11.2% -4.1% -6.3% -8.4% -22.1% -11.8% -9.9% -8.6% 2.1% 2.09%
Gross Profit 3Y 3.1% -1.4% -6.2% -8.2% -9.0% -5.3% -5.7% -3.5% -5.7% -4.7% -5.4% -8.0% -1.6% 0.2% 3.4% -0.0% 7.9% 7.9% 7.5% 13.8% 13.77%
Gross Profit 5Y 3.7% 0.3% -1.6% -4.0% -6.0% -5.2% -2.2% -0.9% -1.5% -0.4% -1.6% -3.1% 0.3% 0.0% -0.8% -4.6% -2.6% -1.9% -1.9% 3.3% 3.33%
Op. Income 3Y -0.4% -15.5% -27.4% -28.3% -34.7% -17.1% -23.1% -24.7% -30.9% -26.8% -24.2% -26.8% -8.9% -4.1% 8.1% -29.3% 18.9% 7.5% 15.4% 44.0% 44.00%
Op. Income 5Y -1.0% -12.5% -18.8% -21.1% -26.8% -19.0% -14.2% -14.3% -16.6% -13.2% -12.1% -14.5% -5.6% -7.3% -11.2% -33.7% -17.6% -15.3% -12.7% 2.2% 2.19%
FCF 3Y 0.9% -25.2% — — — — -77.9% — -57.1% -43.6% -48.9% -37.8% -20.8% -8.0% — — — — 4.5% — —
FCF 5Y 11.6% -2.7% — — — — — — -30.6% -12.7% -16.9% -12.0% -14.2% -22.8% -1.6% -10.9% 0.9% -8.2% -5.2% 0.3% 0.32%
OCF 3Y 1.0% -22.6% -64.0% — -84.5% — -59.9% -70.8% -52.2% -41.5% -45.5% -34.8% -18.5% -6.0% 1.9% — 7.0% — 2.0% 2.4% 2.37%
OCF 5Y 10.8% -2.2% -44.7% — -45.6% — — -37.1% -26.5% -11.5% -14.5% -10.2% -12.5% -19.9% -1.0% -10.2% 1.1% -7.8% -5.0% 0.5% 0.46%
Assets 3Y 4.9% 4.3% 1.1% 1.4% -0.2% -0.6% -0.6% 1.1% -0.2% 0.4% 0.9% -0.8% 0.5% 1.2% 3.3% 2.7% 3.7% 4.0% 4.3% 2.5% 2.52%
Assets 5Y 8.1% 8.3% 5.7% 3.7% 1.8% 1.2% 1.7% 2.6% 1.8% 3.0% 2.1% 2.4% 2.1% 2.2% 2.4% 1.7% 1.3% 0.4% 0.8% 0.1% 0.07%
Equity 3Y 4.6% 0.9% 0.3% -0.9% -2.5% -2.5% 0.2% 0.1% -1.7% -1.7% -1.3% -1.2% 0.6% 3.4% 4.8% 2.9% 5.5% 6.2% 5.3% 4.8% 4.81%
Book Value 3Y 4.4% 1.0% 0.5% -0.8% -2.4% -2.5% 0.3% 0.2% -1.5% -1.3% -0.8% -0.6% 1.1% 3.5% 5.0% 3.3% 5.9% 7.5% 6.9% 6.8% 6.80%
Dividend 3Y 0.7% 1.0% 0.9% 0.7% 0.6% 0.7% -8.5% -20.1% -36.6% -45.7% -40.3% -31.6% -14.0% — — — — — — — —
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 0.03 0.01 0.00 0.03 0.32 0.80 0.91 0.84 0.79 0.76 0.73 0.62 0.48 0.35 0.23 0.10 0.00 0.09 0.39 0.74 0.736
Earnings Stability 0.04 0.17 0.10 0.27 0.48 0.54 0.32 0.45 0.58 0.58 0.60 0.72 0.50 0.49 0.45 0.78 0.39 0.22 0.08 0.02 0.017
Margin Stability 0.89 0.90 0.90 0.86 0.86 0.89 0.86 0.84 0.85 0.88 0.88 0.86 0.86 0.92 0.94 0.91 0.88 0.90 0.89 0.81 0.807
Rev. Growth Consistency 0.00 0.00 0.00 0.50 0.50 0.50 0.50 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.00 1.00 1.00 1.00 1.000
Earn. Growth Consistency 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 0.00 1.00 1.00 1.00 0.00 0.00 1.00 1.00 0.50 0.500
FCF Positive Streak 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 1 1 1 1
Earnings Persistence 0.92 0.50 0.50 0.50 0.50 0.90 0.97 0.91 0.81 0.97 0.93 0.94 0.50 0.97 0.99 0.50 0.92 0.80 0.50 0.50 0.500
Earnings Smoothness 0.77 0.27 0.00 0.00 0.00 0.72 0.93 0.80 0.61 0.93 0.85 0.83 0.52 0.94 0.98 0.04 0.77 0.60 0.51 0.00 0.000
ROE Trend -0.03 -0.07 -0.12 -0.11 -0.12 -0.07 -0.06 -0.04 -0.03 -0.01 0.01 -0.01 0.04 -0.00 -0.00 -0.05 -0.01 0.04 0.05 0.19 0.193
Gross Margin Trend 0.02 0.00 -0.02 -0.04 -0.04 -0.03 -0.02 -0.01 -0.00 0.01 0.02 0.00 0.02 0.01 0.00 -0.02 -0.01 -0.00 -0.00 0.06 0.056
FCF Margin Trend -0.02 -0.07 -0.08 -0.10 -0.07 -0.08 -0.06 -0.04 -0.01 0.02 0.02 0.03 0.02 0.01 0.04 0.04 0.07 0.06 0.05 0.04 0.045
Sustainable Growth Rate 2.0% -3.5% -6.4% -7.1% -9.4% -6.5% -2.9% 1.0% 3.4% 6.1% 6.7% 4.5% 8.6% 8.3% 8.4% 2.3% 8.1% 11.7% 13.2% 24.7% 24.69%
Internal Growth Rate 1.2% — — — — — — 0.6% 2.0% 3.7% 4.2% 2.7% 5.4% 5.1% 5.4% 1.4% 5.2% 7.8% 9.0% 17.9% 17.86%
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 1.14 0.81 0.11 -0.43 0.02 -0.24 0.16 0.11 0.55 1.17 0.83 1.39 0.88 0.78 2.04 8.95 4.12 2.45 2.37 1.28 1.279
FCF/OCF 0.93 0.85 -0.82 1.48 -16.75 1.64 0.16 -0.15 0.70 0.88 0.80 0.84 0.86 0.79 0.93 0.94 0.96 0.96 0.97 0.96 0.963
FCF/Net Income snapshot only 1.232
OCF/EBITDA snapshot only 1.044
CapEx/Revenue 0.3% 0.3% 0.4% 0.4% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.4% 0.4% 0.4% 0.4% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.31%
CapEx/Depreciation snapshot only 0.727
Accruals Ratio -0.01 0.01 0.04 0.05 0.03 0.06 0.04 0.04 0.02 -0.01 0.01 -0.02 0.01 0.01 -0.05 -0.11 -0.15 -0.11 -0.11 -0.04 -0.042
Sloan Accruals snapshot only 0.067
Cash Flow Adequacy snapshot only 27.369
Earnings Quality Score snapshot only 1.000
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 3.5% 5.0% 4.7% 5.0% 7.1% 7.1% 4.6% 2.9% 2.1% 1.3% 1.1% 1.3% 1.2% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Dividend/Share $0.83 $0.84 $0.84 $0.84 $0.85 $0.85 $0.64 $0.43 $0.21 $0.14 $0.14 $0.14 $0.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Payout Ratio 86.7% 1.4% 1.9% 2.1% 3.1% 1.8% 1.4% 87.6% 52.3% 27.0% 24.6% 32.7% 19.9% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
FCF Payout Ratio 81.7% 2.0% — — — — 52.3% — 1.3% 26.3% 36.8% 27.9% 26.5% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Total Payout Ratio 94.2% 1.8% 2.6% 2.8% 3.8% 1.8% 1.4% 93.7% 72.6% 57.5% 49.4% 75.4% 40.0% 15.3% 29.1% 1.5% 1.1% 1.0% 1.2% 74.6% 74.64%
Div. Increase Streak 1 1 1 1 1 1 0 0 0 0 0 0 0 — — — — — — — —
Chowder Number 0.06 0.07 0.07 0.07 0.09 0.09 -0.19 -0.46 -0.73 -0.83 -0.78 -0.67 -0.36 — — — — — — — —
Buyback Yield 0.3% 1.7% 1.6% 1.6% 1.8% 0.0% 0.2% 0.2% 0.8% 1.5% 1.1% 1.7% 1.2% 0.7% 1.6% 1.5% 3.5% 4.5% 6.0% 5.3% 5.30%
Net Buyback Yield 0.3% 1.7% 1.6% 1.6% 1.8% -0.0% 0.2% 0.2% 0.8% 1.5% 1.1% 1.7% 1.2% 0.7% 1.6% 1.5% 3.5% 4.5% 5.8% 5.2% 5.22%
Total Shareholder Return 3.8% 6.7% 6.3% 6.5% 8.9% 7.1% 4.8% 3.1% 2.9% 2.8% 2.2% 3.0% 2.4% 0.7% 1.6% 1.5% 3.5% 4.5% 5.8% 5.2% 5.22%
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) 0.75 0.74 0.73 0.79 0.77 0.77 0.77 0.76 0.76 0.72 0.72 0.71 0.72 0.75 0.75 0.69 0.73 0.87 0.86 0.81 0.812
Interest Burden (EBT/EBIT) 0.99 0.98 0.97 0.96 0.93 0.94 0.91 0.89 0.84 0.86 0.87 0.84 0.90 0.89 0.92 0.82 0.96 0.98 0.99 1.06 1.061
EBIT Margin 0.06 0.04 0.03 0.02 0.02 0.03 0.03 0.03 0.03 0.04 0.04 0.03 0.04 0.03 0.03 0.01 0.03 0.04 0.04 0.08 0.077
Asset Turnover 2.13 2.08 2.17 2.17 2.23 2.25 2.29 2.23 2.27 2.20 2.20 2.16 2.19 2.12 2.14 2.21 2.25 2.26 2.26 2.30 2.298
Equity Multiplier 1.64 1.69 1.63 1.68 1.68 1.71 1.65 1.69 1.71 1.72 1.66 1.69 1.67 1.69 1.65 1.69 1.64 1.61 1.59 1.63 1.630
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) $0.95 $0.62 $0.44 $0.40 $0.28 $0.47 $0.47 $0.49 $0.41 $0.50 $0.55 $0.41 $0.68 $0.53 $0.56 $0.15 $0.54 $0.82 $0.96 $1.74 $1.74
Book Value/Share $6.40 $6.09 $6.01 $5.89 $5.68 $5.73 $5.91 $6.04 $5.94 $6.18 $6.41 $6.38 $6.61 $6.76 $6.95 $6.50 $6.75 $7.12 $7.23 $7.36 $7.49
Tangible Book/Share $5.30 $4.80 $4.73 $4.63 $4.43 $4.50 $4.70 $4.85 $4.75 $4.99 $5.23 $5.21 $5.45 $5.61 $5.73 $5.30 $5.56 $5.91 $6.02 $5.96 $5.96
Revenue/Share $21.91 $22.09 $22.35 $22.70 $22.69 $22.73 $22.55 $22.46 $22.48 $22.62 $22.65 $22.81 $23.02 $23.19 $23.52 $24.14 $24.60 $25.65 $26.07 $26.46 $26.90
FCF/Share $1.01 $0.42 $-0.04 $-0.26 $-0.07 $-0.18 $0.01 $-0.01 $0.16 $0.52 $0.37 $0.49 $0.51 $0.33 $1.06 $1.24 $2.15 $1.94 $2.19 $2.15 $2.19
OCF/Share $1.08 $0.50 $0.05 $-0.17 $0.00 $-0.11 $0.08 $0.06 $0.23 $0.59 $0.46 $0.58 $0.60 $0.42 $1.14 $1.32 $2.23 $2.02 $2.27 $2.23 $2.27
Cash/Share $2.73 $2.49 $1.88 $1.74 $1.53 $1.63 $1.50 $1.63 $1.63 $2.00 $1.75 $1.77 $1.40 $1.84 $1.55 $2.23 $2.41 $2.85 $2.51 $2.85 $2.90
EBITDA/Share $1.48 $1.05 $0.83 $0.73 $0.59 $0.85 $0.87 $0.92 $0.84 $1.00 $1.07 $0.90 $1.23 $1.00 $1.02 $0.48 $0.99 $1.20 $1.36 $2.14 $2.14
Debt/Share $0.16 $0.24 $0.28 $0.27 $0.45 $0.45 $0.58 $0.69 $0.76 $0.59 $0.68 $0.55 $0.46 $0.22 $0.11 $0.21 $0.27 $0.34 $0.21 $0.25 $0.25
Net Debt/Share $-2.58 $-2.25 $-1.61 $-1.47 $-1.07 $-1.19 $-0.92 $-0.94 $-0.87 $-1.41 $-1.07 $-1.22 $-0.94 $-1.61 $-1.44 $-2.03 $-2.14 $-2.50 $-2.31 $-2.60 $-2.60
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 — — — — — — — — — — — — — — — — — — — — 7.407
Altman Z-Prime snapshot only 11.546
Piotroski F-Score 4 3 3 3 4 3 6 5 4 6 5 5 7 6 8 6 8 8 8 8 8
Beneish M-Score -2.34 -1.91 -1.81 -1.73 -1.98 -2.25 -2.35 -2.41 -2.31 -2.51 -2.28 -2.17 -2.59 -2.23 -2.72 4.41 -3.51 -3.24 -3.19 -3.24 -3.240
Ohlson O-Score snapshot only -9.837
ROIC (Greenblatt) snapshot only 34.77%
Net-Net WC snapshot only $3.78
EVA snapshot only $72926298.50
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 AAA
Credit Score 96.35 96.55 89.29 87.63 85.67 86.36 88.07 83.66 86.22 90.12 90.16 87.66 93.26 90.67 93.60 87.97 95.94 96.31 95.92 96.08 96.081
Credit Grade snapshot only 1
Credit Trend snapshot only 8.107
Implied Spread (bps) snapshot only 50.000
Industry Credit Rank snapshot only 91
Sector Credit Rank snapshot only 93

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