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Also trades as: 0K05.L (LSE) · $vol 0M

MED NYSE

Medifast, Inc.
1W: +0.6% 1M: +15.6% 3M: +19.1% YTD: +21.7% 1Y: -9.2% 3Y: -85.3% 5Y: -95.2%
$12.59
-0.04 (-0.32%)
 
Weekly Expected Move ±11.8%
$10 $11 $13 $14 $15
NYSE · Consumer Cyclical · Personal Products & Services · Alpha Radar Strong Buy · Power 68 · $140.0M mcap · 8M float · 2.83% 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
51.3 / 100
NoneWeakNarrowWide
Primary source: Intangible Assets  ·  ROIC: -22.9%  ·  5Y Avg: -2560.6%
Cost Advantage
52
Intangibles
74
Switching Cost
42
Network Effect
39
Scale
40
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. MED shows a Weak competitive edge (51.3/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Intangible Assets. Negative ROIC of -22.9% indicates the company is currently destroying value, though this may reflect a growth investment phase.

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
$0
Low
$12
Avg Target
$12
High
Based on 1 analyst ratings (12 mo)
Analyst Recommendations
Strong Buy: 0Buy: 4Hold: 6Sell: 2Strong Sell: 0
Rating Summary
ConsensusHold
Avg Target$12.00
Analysts1
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-02-19 Stephens Initiated $12 +12.0% $10.71
2024-11-05 D.A. Davidson Linda Bolton Weiser $18 $17 -0 -16.7% $20.40
2024-06-05 D.A. Davidson Linda Bolton Weiser $25 $18 -8 -27.0% $23.97
2024-04-30 D.A. Davidson Linda Bolton Weiser Initiated $25 -29.6% $35.51
2023-06-05 Jefferies Stephanie Wissink Initiated $150 +84.7% $81.22

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
May 22, 2026
DCF
5
ROE
1
ROA
1
D/E
3
P/E
1
P/B
5
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. MED receives an overall rating of B. Strongest factors: DCF (5/5), P/B (5/5). Areas of concern: ROE (1/5), ROA (1/5), P/E (1/5).
Rating Change History
DateFromTo
2026-05-22 B- B
2026-05-20 B B-
2026-05-04 B- B
2026-04-01 B B-
2026-02-19 C B
2026-02-18 B+ C
2026-02-02 B B+
2026-01-03 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.

24 Grade D
Profitability
20
Balance Sheet
96
Earnings Quality
65
Growth
12
Value
50
Momentum
20
Safety
90
Cash Flow
12
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. MED scores highest in Balance Sheet (96/100) and lowest in Growth (12/100). A grade of D flags significant fundamental concerns across multiple dimensions.

Risk & Quality Signals

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

Altman Z-Score
3.95
Safe Zone
Piotroski F-Score
3/9
Beneish M-Score
-3.26
Unlikely Manipulator
Ohlson O-Score
-8.10
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
A-
Score: 67.0/100
Trend: Deteriorating
Earnings Quality
OCF/NI: -0.19x
Accruals: -8.8%
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. MED scores 3.95, 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. MED scores 3/9, suggesting weak financial fundamentals — the company fails the majority of these accounting tests. 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. MED's score of -3.26 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. MED'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. MED receives an estimated rating of A- (score: 67.0/100), with a deteriorating trend.

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
-6.92x
PEG
0.01x
P/S
0.40x
P/B
0.70x
P/FCF
-76.24x
P/OCF
30.17x
EV/EBITDA
-21.02x
EV/Revenue
-0.11x
EV/EBIT
3.04x
EV/FCF
26.06x
Earnings Yield
-17.85%
FCF Yield
-1.31%
Shareholder Yield
0.80%
Graham Number
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. MED currently has negative earnings — the P/E ratio is not meaningful.

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
2.470
NI / EBT
×
Interest Burden
0.642
EBT / EBIT
×
EBIT Margin
-0.036
EBIT / Rev
×
Asset Turnover
1.279
Rev / Assets
×
Equity Multiplier
1.323
Assets / Equity
=
ROE
-9.8%
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. MED's ROE of -9.8% is driven by Asset Turnover (1.279), indicating efficient use of assets to generate revenue. A tax burden ratio of 2.47 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

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.

Adj. Growth Rate
0.00%
Fair P/E
8.50x
Intrinsic Value
Price/Value
Margin of Safety
Premium
Assessment
Overvalued

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
$12.57
Median 1Y
$8.28
5th Pctile
$3.50
95th Pctile
$19.60
Ann. Volatility
48.9%
25th–75th percentile 5th–95th percentile Median path Historical

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
Daniel R. Chard
Chairman & Chief Executive Officer
$1,000,000 $4,567,664 $5,584,551
Anthony E. Tyree
Former Chief Business Operations Officer
$415,873 $162,194 $1,484,720
James P. Maloney
Chief Financial Officer
$527,085 $700,427 $1,428,396
Nicholas M. Johnson
Chief Field Operations Officer
$440,352 $585,163 $1,195,619
Jason L. Groves
Chief Legal Officer & Corporate Secretary
$427,781 $568,465 $1,160,452

CEO Pay Ratio

2:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $5,584,551
Avg Employee Cost (SGA/emp): $2,894,000
Employees: 100

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
100
-80.2% YoY
Revenue / Employee
$3,857,880
Rev: $385,788,000
Profit / Employee
$-186,720
NI: $-18,672,000
SGA / Employee
$2,894,000
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 Q2'21 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 Current
ROE 1.1% 1.2% 91.2% 91.6% 87.2% 84.0% 80.3% 79.3% 74.4% 67.1% 55.8% 38.0% 16.5% 4.1% 1.0% -3.4% 1.8% 0.1% -9.1% -9.8% -9.79%
ROA 63.9% 67.1% 48.6% 48.9% 46.5% 44.8% 40.2% 39.7% 37.2% 33.6% 31.8% 21.6% 9.4% 2.3% 0.7% -2.4% 1.2% 0.1% -6.9% -7.4% -7.40%
ROIC -24.8% -26.1% 1.3% 1.3% 1.3% 1.2% 1.5% 1.5% 1.4% 1.3% 1.3% 85.7% 36.7% 8.8% 2.5% -7.8% 0.4% -1.1% -23.2% -22.9% -22.91%
ROCE 1.2% 1.3% 94.7% 95.7% 90.2% 87.1% 1.1% 1.0% 98.7% 85.8% 58.1% 37.1% 15.7% 5.0% 1.3% -2.9% 0.2% -1.9% -6.0% -5.9% -5.90%
Gross Margin 74.5% 74.3% 73.7% 72.4% 71.0% 72.5% 69.3% 70.6% 71.1% 75.2% 74.0% 72.8% 73.2% 75.4% 74.1% 72.8% 72.6% 69.5% 69.4% 68.1% 68.06%
Operating Margin 15.6% 13.3% 12.4% 13.2% 10.8% 12.3% 9.7% 15.3% 13.1% 10.8% 4.5% 4.5% -4.7% 1.5% 0.6% -1.1% -1.0% -4.6% -10.4% -1.4% -1.44%
Net Margin 11.9% 10.2% 9.0% 10.0% 8.6% 9.3% 7.9% 11.5% 10.2% 9.8% 3.2% 4.8% -4.8% 0.8% 0.7% -0.7% 2.3% -2.5% -24.1% -2.8% -2.79%
EBITDA Margin 15.9% 13.7% 13.6% 13.8% 11.4% 13.1% 10.6% 16.2% 14.2% 12.3% 6.3% 6.4% -2.9% 3.8% 3.3% 1.7% 2.8% 0.9% -5.8% 3.1% 3.14%
FCF Margin 10.2% 6.9% 4.0% 2.5% 4.1% 7.1% 11.1% 13.0% 14.5% 14.3% 13.2% 9.4% 7.1% 5.0% 2.8% 2.5% -0.5% 0.2% 0.3% -0.4% -0.43%
OCF Margin 11.6% 8.6% 6.2% 4.5% 5.8% 8.3% 12.2% 14.0% 15.6% 15.5% 13.8% 10.1% 7.9% 5.9% 4.1% 3.8% 0.9% 1.7% 1.8% 1.1% 1.07%
ROE 3Y Avg snapshot only 6.75%
ROE 5Y Avg snapshot only 38.61%
ROA 3Y Avg snapshot only 3.87%
ROIC 3Y Avg snapshot only 28.57%
ROIC Economic snapshot only -5.31%
Cash ROA snapshot only 1.45%
Cash ROIC snapshot only 7.67%
CROIC snapshot only -3.04%
NOPAT Margin snapshot only -3.21%
Pretax Margin snapshot only -2.34%
R&D / Revenue snapshot only 0.32%
SGA / Revenue snapshot only 74.82%
SBC / Revenue snapshot only 1.02%
Valuation
Metric Trend Q2'21 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 Current
P/E Ratio 19.86 12.88 13.58 10.99 12.09 7.38 8.42 7.66 7.42 6.83 7.39 6.20 8.14 28.66 92.51 -21.09 42.71 605.83 -6.29 -5.60 -6.921
P/S Ratio 2.35 1.44 1.46 1.13 1.14 0.68 0.76 0.71 0.72 0.67 0.69 0.47 0.31 0.31 0.32 0.27 0.32 0.35 0.30 0.32 0.404
P/B Ratio 19.00 12.94 11.00 8.94 9.37 5.51 7.80 7.01 6.36 5.28 3.65 2.08 1.18 1.04 0.92 0.70 0.74 0.72 0.59 0.56 0.701
P/FCF 23.05 20.93 36.91 44.96 27.93 9.60 6.79 5.45 4.94 4.70 5.21 4.96 4.39 6.21 11.37 10.96 -64.16 232.58 93.98 -76.24 -76.241
P/OCF 20.31 16.70 23.56 24.84 19.80 8.24 6.21 5.05 4.60 4.33 4.98 4.62 3.92 5.26 7.91 7.16 37.42 20.89 17.10 30.17 30.172
EV/EBITDA 13.92 8.78 9.57 7.59 8.38 4.90 5.86 5.26 4.99 4.64 4.35 3.10 2.34 3.45 3.03 0.21 0.65 0.42 -22.77 -21.02 -21.018
EV/Revenue 2.22 1.32 1.41 1.08 1.09 0.63 0.72 0.67 0.67 0.62 0.57 0.33 0.14 0.12 0.08 0.00 0.02 0.01 -0.09 -0.11 -0.111
EV/EBIT 14.36 9.02 9.94 7.93 8.83 5.21 6.21 5.59 5.34 5.03 4.80 3.61 3.23 7.56 16.43 -0.22 18.84 -0.94 2.59 3.04 3.038
EV/FCF 21.79 19.25 35.63 43.05 26.80 8.94 6.45 5.14 4.63 4.34 4.30 3.45 2.03 2.42 2.78 0.10 -3.79 6.24 -26.50 26.06 26.062
Earnings Yield 5.0% 7.8% 7.4% 9.1% 8.3% 13.6% 11.9% 13.0% 13.5% 14.7% 13.5% 16.1% 12.3% 3.5% 1.1% -4.7% 2.3% 0.2% -15.9% -17.9% -17.85%
FCF Yield 4.3% 4.8% 2.7% 2.2% 3.6% 10.4% 14.7% 18.3% 20.3% 21.3% 19.2% 20.2% 22.8% 16.1% 8.8% 9.1% -1.6% 0.4% 1.1% -1.3% -1.31%
PEG Ratio snapshot only 0.005
Price/Tangible Book snapshot only 0.564
EV/OCF snapshot only -10.314
EV/Gross Profit snapshot only -0.158
Shareholder Yield snapshot only 0.80%
Leverage & Solvency
Metric Trend Q2'21 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 Current
Current Ratio 2.10 2.10 1.81 1.81 1.81 1.81 1.58 1.58 1.58 1.58 2.43 2.43 2.43 2.43 3.34 3.34 3.34 3.34 4.69 4.69 4.694
Quick Ratio 1.62 1.62 0.75 0.75 0.75 0.75 0.74 0.74 0.74 0.74 1.84 1.84 1.84 1.84 2.68 2.68 2.68 2.68 4.22 4.22 4.224
Debt/Equity 0.07 0.07 0.16 0.16 0.16 0.16 0.17 0.17 0.17 0.17 0.11 0.11 0.11 0.11 0.08 0.08 0.08 0.08 0.08 0.08 0.084
Net Debt/Equity -1.04 -1.04 -0.38 -0.38 -0.38 -0.38 -0.40 -0.40 -0.40 -0.40 -0.64 -0.64 -0.64 -0.64 -0.70 -0.70 -0.70 -0.70 -0.76 -0.76 -0.757
Debt/Assets 0.04 0.04 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.07 0.07 0.07 0.07 0.06 0.06 0.06 0.06 0.07 0.07 0.065
Debt/EBITDA 0.05 0.05 0.14 0.14 0.15 0.15 0.13 0.13 0.14 0.16 0.16 0.23 0.46 0.93 1.03 2.52 1.14 1.66 11.54 9.20 9.202
Net Debt/EBITDA -0.80 -0.77 -0.34 -0.34 -0.35 -0.36 -0.31 -0.32 -0.33 -0.38 -0.92 -1.36 -2.70 -5.40 -9.38 -22.84 -10.30 -15.10 -103.50 -82.50 -82.504
Interest Coverage 2936.39 1288.60 851.74 626.40 462.25 324.69 263.29 232.57 277.26 414.22 698.35
Equity Multiplier 1.76 1.76 1.97 1.97 1.97 1.97 2.04 2.04 2.04 2.04 1.54 1.54 1.54 1.54 1.35 1.35 1.35 1.35 1.29 1.29 1.292
Cash Ratio snapshot only 3.894
Cash to Debt snapshot only 9.966
FCF to Debt snapshot only -0.088
Defensive Interval snapshot only 237.8 days
Efficiency & Turnover
Metric Trend Q2'21 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 Current
Asset Turnover 5.40 6.00 4.53 4.75 4.93 4.86 4.47 4.28 3.84 3.41 3.42 2.87 2.46 2.15 2.03 1.83 1.62 1.45 1.43 1.28 1.279
Inventory Turnover 6.38 7.14 3.41 3.61 3.88 3.89 3.07 2.98 2.67 2.34 3.42 2.78 2.31 2.04 3.25 2.92 2.59 2.44 3.53 3.30 3.301
Receivables Turnover 1258.03 1398.48 5226.33 5489.79 5692.34 5613.58
Payables Turnover 11.10 12.42 7.45 7.88 8.47 8.49 7.39 7.18 6.44 5.65 6.42 5.22 4.35 3.83 5.07 4.56 4.04 3.81 5.80 5.43 5.426
DSO 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 days
DIO 57 51 107 101 94 94 119 122 137 156 107 131 158 179 112 125 141 149 103 111 110.6 days
DPO 33 29 49 46 43 43 49 51 57 65 57 70 84 95 72 80 90 96 63 67 67.3 days
Cash Conversion Cycle 25 22 58 55 51 51 70 72 80 91 50 61 74 84 40 45 50 54 40 43 43.3 days
Fixed Asset Turnover snapshot only 8.999
Cash Velocity snapshot only 2.069
Capital Intensity snapshot only 0.743
Growth (YoY)
Metric Trend Q2'21 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 Current
Revenue 67.5% 68.1% 63.2% 46.1% 30.8% 16.0% 4.7% -4.6% -17.4% -25.7% -32.9% -41.3% -43.9% -44.6% -43.8% -39.5% -37.6% -36.3% -36.0% -36.3% -36.31%
Net Income 97.5% 66.8% 59.5% 31.3% 4.3% -4.4% -12.5% -14.0% -15.3% -20.6% -30.8% -52.2% -77.9% -93.9% -97.9% -1.1% -87.6% -96.6% -9.9% -1.9% -1.86%
EPS 96.9% 67.8% 60.6% 34.1% 8.1% 2.0% -7.0% -8.1% -11.3% -19.8% -29.8% -52.5% -78.0% -93.9% -97.9% -1.1% -87.7% -96.6% -9.9% -1.8% -1.85%
FCF 10.2% -30.5% -56.7% -76.8% -47.6% 19.5% 1.9% 3.9% 1.9% 50.1% -20.6% -57.5% -72.8% -80.6% -87.9% -84.1% -1.0% -98.1% -92.7% -1.1% -1.11%
EBITDA 1.1% 75.6% 58.9% 34.2% 7.0% -0.7% -12.9% -14.7% -14.8% -23.0% -28.8% -51.6% -74.4% -85.5% -88.8% -93.2% -70.0% -59.2% -90.7% -71.5% -71.51%
Op. Income 1.2% 80.5% 61.2% 33.7% 4.7% -4.0% -14.5% -16.2% -16.1% -24.5% -31.6% -55.9% -80.2% -92.8% -97.7% -1.1% -98.6% -1.5% -5.9% -1.2% -1.22%
OCF Growth snapshot only -81.96%
Asset Growth snapshot only -9.57%
Equity Growth snapshot only -5.33%
Debt Growth snapshot only 4.09%
Shares Change snapshot only 0.53%
Dividend Growth snapshot only -55.78%
Growth (CAGR)
Metric Trend Q2'21 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 Current
Revenue 3Y 50.7% 48.3% 45.0% 41.3% 37.6% 33.5% 30.8% 28.2% 21.8% 13.2% 4.7% -6.5% -15.4% -21.9% -26.6% -30.3% -33.9% -36.0% -37.7% -39.1% -39.07%
Revenue 5Y 36.2% 38.9% 40.9% 42.5% 43.1% 41.8% 39.6% 35.9% 29.9% 23.0% 16.4% 9.6% 3.8% -0.4% -3.3% -5.6% -8.7% -12.6% -16.2% -20.6% -20.60%
EPS 3Y 56.4% 50.6% 44.2% 39.1% 32.8% 30.8% 25.7% 26.7% 23.6% 11.1% 1.6% -16.3% -40.4% -63.2% -76.1% -71.2% -88.2%
EPS 5Y 54.7% 55.6% 56.4% 53.9% 47.2% 46.5% 41.5% 36.1% 29.7% 22.8% 14.4% 3.3% -14.5% -35.8% -50.7% -44.8% -69.1%
Net Income 3Y 55.1% 49.3% 43.3% 36.8% 29.9% 27.0% 22.6% 23.3% 20.4% 8.2% -1.1% -18.6% -42.0% -64.1% -76.6% -71.5% -88.2%
Net Income 5Y 54.6% 55.1% 55.9% 52.9% 45.7% 43.8% 38.9% 33.2% 26.9% 20.4% 12.2% 1.0% -16.3% -37.0% -51.5% -45.6% -69.6%
EBITDA 3Y 53.3% 49.9% 45.1% 39.8% 32.0% 29.2% 26.2% 26.5% 24.0% 10.3% -0.5% -17.9% -38.4% -51.9% -58.9% -69.6% -59.7% -64.2% -80.5% -78.9% -78.92%
EBITDA 5Y 45.4% 46.4% 47.4% 46.3% 40.3% 38.8% 34.9% 31.1% 26.9% 20.8% 13.7% 2.4% -12.9% -24.7% -30.7% -41.8% -31.9% -39.7% -60.0% -59.6% -59.63%
Gross Profit 3Y 49.9% 47.0% 43.7% 40.0% 35.9% 31.8% 28.5% 25.6% 19.8% 11.5% 3.6% -6.8% -15.5% -22.0% -26.7% -30.2% -33.6% -36.0% -37.7% -39.3% -39.29%
Gross Profit 5Y 36.3% 38.8% 40.5% 41.9% 42.0% 40.6% 38.0% 34.1% 28.2% 21.3% 15.4% 8.8% 3.4% -0.8% -3.7% -6.0% -8.9% -13.1% -17.0% -21.4% -21.44%
Op. Income 3Y 56.3% 52.3% 46.3% 40.3% 32.1% 29.3% 26.6% 26.8% 24.1% 9.4% -2.0% -20.9% -44.2% -62.6% -76.3% -86.7%
Op. Income 5Y 51.3% 51.7% 51.8% 49.6% 42.2% 40.2% 36.1% 32.0% 27.4% 20.7% 12.9% 0.4% -17.4% -34.8% -49.9% -64.8%
FCF 3Y 31.7% 23.7% 2.6% -15.8% 4.4% 18.6% 33.8% 40.1% 19.3% 7.6% 0.4% -21.3% -25.1% -29.7% -34.4% -30.6% -82.3% -80.9%
FCF 5Y 35.8% 31.7% 21.8% 13.8% 22.9% 31.3% 34.8% 31.6% 28.6% 27.7% 20.4% 4.7% -1.8% -13.4% -25.5% -28.6% -65.9% -61.0%
OCF 3Y 34.1% 30.0% 15.8% -1.2% 11.3% 18.9% 32.2% 40.0% 20.9% 9.3% 0.6% -20.9% -25.5% -31.0% -36.3% -34.4% -64.9% -62.4% -67.2% -74.1% -74.14%
OCF 5Y 37.2% 34.4% 30.1% 24.5% 28.5% 32.7% 35.1% 31.6% 28.6% 27.8% 19.4% 3.8% -2.6% -13.1% -21.9% -23.4% -49.1% -45.1% -45.7% -54.2% -54.17%
Assets 3Y 23.7% 23.7% 33.0% 33.0% 33.0% 33.0% 17.6% 17.6% 17.6% 17.6% 3.9% 3.9% 3.9% 3.9% -10.6% -10.6% -10.6% -10.6% -6.7% -6.7% -6.68%
Assets 5Y 18.7% 18.7% 26.9% 26.9% 26.9% 26.9% 16.7% 16.7% 16.7% 16.7% 12.8% 12.8% 12.8% 12.8% 7.9% 7.9% 7.9% 7.9% -1.4% -1.4% -1.42%
Equity 3Y 13.1% 13.1% 22.9% 22.9% 22.9% 22.9% 13.9% 13.9% 13.9% 13.9% 8.6% 8.6% 8.6% 8.6% 1.2% 1.2% 1.2% 1.2% 8.7% 8.7% 8.66%
Book Value 3Y 14.1% 14.1% 23.7% 25.0% 25.6% 26.6% 16.8% 17.1% 17.0% 17.1% 11.6% 11.6% 11.6% 11.2% 3.6% 3.3% 2.4% 1.4% 9.0% 8.3% 8.31%
Dividend 3Y 9.6% 8.3% 7.0% 9.8% 9.3% 8.7% 6.5% 6.2% 4.4% 3.8% 3.4% -7.2% -18.3% -35.0% -78.1% -84.3% -82.3% -78.1% -35.0% -24.1% -24.06%
Growth Quality
Metric Trend Q2'21 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 Current
Revenue Stability 0.84 0.86 0.88 0.91 0.93 0.95 0.95 0.93 0.83 0.68 0.49 0.25 0.07 0.00 0.01 0.04 0.10 0.21 0.35 0.57 0.568
Earnings Stability 0.87 0.92 0.94 0.96 0.93 0.94 0.91 0.88 0.77 0.65 0.40 0.10 0.00 0.06 0.15 0.27 0.38 0.54 0.67 0.80 0.805
Margin Stability 0.99 0.99 0.99 0.99 0.98 0.98 0.98 0.97 0.97 0.97 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.975
Rev. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 1.00 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 0.000
Earn. Growth Consistency 1.00 1.00 1.00 1.00 1.00 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 0.000
FCF Positive Streak 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0 1 1 0 0
Earnings Persistence 0.50 0.50 0.50 0.87 0.98 0.98 0.95 0.94 0.94 0.92 0.88 0.50 0.50 0.50 0.50 0.20 0.50 0.50 0.20 0.50 0.500
Earnings Smoothness 0.34 0.50 0.54 0.73 0.96 0.96 0.87 0.85 0.83 0.77 0.64 0.29 0.00 0.00 0.00 0.00 0.00
ROE Trend 0.27 0.22 0.11 0.05 -0.07 -0.21 0.19 0.11 -0.01 -0.10 -0.37 -0.53 -0.67 -0.72 -0.70 -0.66 -0.48 -0.40 -0.35 -0.25 -0.252
Gross Margin Trend -0.01 -0.01 -0.01 -0.01 -0.02 -0.02 -0.03 -0.03 -0.03 -0.02 -0.00 0.01 0.02 0.02 0.02 0.02 0.01 -0.00 -0.02 -0.03 -0.034
FCF Margin Trend -0.02 -0.06 -0.09 -0.10 -0.09 -0.05 0.02 0.04 0.07 0.07 0.06 0.02 -0.02 -0.06 -0.09 -0.09 -0.11 -0.10 -0.08 -0.06 -0.064
Sustainable Growth Rate 71.5% 74.7% 55.7% 54.3% 48.7% 44.7% 40.2% 37.8% 33.5% 26.3% 14.8% 7.4% -4.2% -6.4% 0.7% 1.7% 0.0%
Internal Growth Rate 66.2% 71.2% 42.3% 40.7% 35.1% 31.3% 25.2% 23.4% 20.2% 15.1% 9.2% 4.4% 0.5% 1.2% 0.0%
Cash Flow Quality
Metric Trend Q2'21 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 Current
OCF/Net Income 0.98 0.77 0.58 0.44 0.61 0.90 1.36 1.52 1.61 1.58 1.49 1.34 2.07 5.45 11.70 -2.94 1.14 29.01 -0.37 -0.19 -0.186
FCF/OCF 0.88 0.80 0.64 0.55 0.71 0.86 0.91 0.93 0.93 0.92 0.96 0.93 0.89 0.85 0.70 0.65 -0.58 0.09 0.18 -0.40 -0.396
FCF/Net Income snapshot only 0.073
OCF/EBITDA snapshot only 2.038
CapEx/Revenue 1.4% 1.7% 2.2% 2.0% 1.7% 1.2% 1.0% 1.0% 1.1% 1.2% 0.6% 0.7% 0.8% 0.9% 1.2% 1.3% 1.4% 1.5% 1.5% 1.5% 1.50%
CapEx/Depreciation snapshot only 0.359
Accruals Ratio 0.01 0.15 0.21 0.27 0.18 0.05 -0.14 -0.20 -0.23 -0.19 -0.15 -0.07 -0.10 -0.10 -0.08 -0.09 -0.00 -0.02 -0.09 -0.09 -0.088
Sloan Accruals snapshot only -0.022
Cash Flow Adequacy snapshot only 0.705
Dividends & Buybacks
Metric Trend Q2'21 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 Current
Dividend Yield 1.9% 3.0% 2.9% 3.7% 3.7% 6.3% 5.9% 6.8% 7.4% 8.9% 9.9% 13.0% 15.4% 8.9% 0.4% 0.1% 0.1% 0.1% 0.2% 0.1% 0.00%
Dividend/Share $4.78 $5.10 $5.42 $5.77 $6.07 $6.40 $6.46 $6.80 $6.69 $6.67 $6.68 $4.98 $3.36 $1.70 $0.07 $0.02 $0.02 $0.02 $0.02 $0.01 $0.00
Payout Ratio 37.7% 38.1% 38.9% 40.7% 44.2% 46.8% 49.9% 52.3% 54.9% 60.9% 73.4% 80.5% 1.3% 2.6% 34.2% 5.4% 78.6%
FCF Payout Ratio 43.7% 61.9% 1.1% 1.7% 1.0% 60.9% 40.3% 37.2% 36.6% 41.9% 51.7% 64.4% 67.5% 55.3% 4.2% 1.5% 30.2% 15.6%
Total Payout Ratio 52.1% 68.4% 76.8% 79.7% 1.5% 1.4% 1.4% 1.4% 64.9% 72.0% 80.4% 81.9% 1.3% 2.7% 74.1% 15.6% 2.3%
Div. Increase Streak 1 1 1 1 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0
Chowder Number 0.30 0.27 0.23 0.30 0.26 0.24 0.18 0.17 0.13 0.12 0.12 -0.13 -0.34 -0.65 -0.99 -1.00 -0.99 -0.99 -0.73 -0.56 -0.557
Buyback Yield 0.7% 2.4% 2.8% 3.5% 8.5% 12.2% 10.6% 11.4% 1.3% 1.6% 0.9% 0.2% 0.4% 0.4% 0.4% 0.3% 0.2% 0.2% 0.3% 0.7% 0.73%
Net Buyback Yield 0.7% 2.4% 2.8% 3.5% 8.5% 12.2% 10.6% 11.4% 1.3% 1.6% 0.9% 0.2% 0.4% 0.4% 0.4% 0.3% 0.2% 0.2% 0.3% 0.7% 0.73%
Total Shareholder Return 2.6% 5.3% 5.7% 7.3% 12.2% 18.5% 16.5% 18.2% 8.8% 10.5% 10.9% 13.2% 15.8% 9.3% 0.8% 0.4% 0.4% 0.4% 0.5% 0.8% 0.80%
DuPont Factors
Metric Trend Q2'21 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 Current
Tax Burden (NI/EBT) 0.77 0.76 0.76 0.75 0.76 0.76 0.78 0.78 0.77 0.79 0.77 0.78 0.79 0.59 0.55 0.96 0.58 0.12 3.31 2.47 2.470
Interest Burden (EBT/EBIT) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.01 1.02 1.08 1.09 1.14 1.32 1.15 12.84 -0.47 0.44 0.64 0.642
EBIT Margin 0.15 0.15 0.14 0.14 0.12 0.12 0.12 0.12 0.13 0.12 0.12 0.09 0.04 0.02 0.00 -0.01 0.00 -0.01 -0.03 -0.04 -0.036
Asset Turnover 5.40 6.00 4.53 4.75 4.93 4.86 4.47 4.28 3.84 3.41 3.42 2.87 2.46 2.15 2.03 1.83 1.62 1.45 1.43 1.28 1.279
Equity Multiplier 1.80 1.80 1.87 1.87 1.87 1.87 2.00 2.00 2.00 2.00 1.76 1.76 1.76 1.76 1.44 1.44 1.44 1.44 1.32 1.32 1.323
Per Share
Metric Trend Q2'21 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 Current
EPS (Diluted TTM) $12.69 $13.41 $13.92 $14.16 $13.72 $13.68 $12.95 $13.01 $12.18 $10.97 $9.09 $6.18 $2.68 $0.67 $0.19 $-0.64 $0.33 $0.02 $-1.70 $-1.82 $-1.82
Book Value/Share $13.26 $13.34 $17.18 $17.40 $17.71 $18.34 $13.98 $14.23 $14.20 $14.18 $18.43 $18.39 $18.42 $18.36 $19.13 $19.19 $19.00 $19.12 $18.10 $18.07 $17.96
Tangible Book/Share $13.26 $13.34 $17.18 $17.40 $17.71 $18.34 $13.98 $14.23 $14.20 $14.18 $18.43 $18.39 $18.42 $18.36 $19.13 $19.19 $19.00 $19.12 $18.10 $18.07 $18.07
Revenue/Share $107.21 $119.91 $129.49 $137.74 $145.36 $148.45 $144.18 $140.38 $125.75 $111.43 $98.04 $81.93 $70.42 $61.48 $54.85 $49.64 $43.44 $39.10 $35.10 $31.45 $31.45
FCF/Share $10.93 $8.25 $5.12 $3.46 $5.94 $10.52 $16.04 $18.27 $18.29 $15.94 $12.91 $7.73 $4.97 $3.08 $1.55 $1.23 $-0.22 $0.06 $0.11 $-0.13 $-0.13
OCF/Share $12.41 $10.34 $8.02 $6.26 $8.38 $12.26 $17.55 $19.72 $19.63 $17.28 $13.50 $8.29 $5.56 $3.64 $2.23 $1.88 $0.38 $0.65 $0.62 $0.34 $0.34
Cash/Share $14.71 $14.80 $9.30 $9.41 $9.58 $9.92 $7.91 $8.05 $8.03 $8.02 $13.72 $13.69 $13.72 $13.68 $14.78 $14.83 $14.68 $14.77 $15.22 $15.20 $15.35
EBITDA/Share $17.12 $18.09 $19.07 $19.62 $19.00 $19.17 $17.66 $17.87 $16.96 $14.92 $12.76 $8.60 $4.33 $2.16 $1.42 $0.58 $1.28 $0.88 $0.13 $0.17 $0.17
Debt/Share $0.94 $0.95 $2.76 $2.80 $2.85 $2.95 $2.35 $2.39 $2.39 $2.38 $2.01 $2.01 $2.01 $2.01 $1.47 $1.47 $1.46 $1.47 $1.53 $1.53 $1.53
Net Debt/Share $-13.77 $-13.86 $-6.53 $-6.62 $-6.73 $-6.97 $-5.56 $-5.66 $-5.65 $-5.64 $-11.71 $-11.68 $-11.71 $-11.67 $-13.31 $-13.36 $-13.22 $-13.30 $-13.69 $-13.67 $-13.67
Academic Models
Metric Trend Q2'21 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 Current
Altman Z-Score 3.946
Altman Z-Prime snapshot only 7.756
Piotroski F-Score 7 7 6 6 5 4 5 5 5 5 6 5 5 5 5 4 4 4 3 3 3
Beneish M-Score -2.13 -1.76 -1.66 -1.59 -1.99 -2.71 -2.95 -3.34 -3.65 -3.54 -3.63 -3.31 -3.39 -3.34 -3.13 -3.19 -2.75 -2.81 -3.33 -3.26 -3.260
Ohlson O-Score snapshot only -8.102
ROIC (Greenblatt) snapshot only -6.40%
Net-Net WC snapshot only $13.05
EVA snapshot only $-15938750.00
Credit
Metric Trend Q2'21 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 Current
Credit Rating snapshot only A-
Credit Score 97.35 97.29 97.44 96.84 97.02 97.22 97.35 97.43 97.48 96.99 97.10 94.20 93.95 93.60 91.60 76.06 87.00 76.17 70.13 66.96 66.960
Credit Grade snapshot only 7
Credit Trend snapshot only -9.096
Implied Spread (bps) snapshot only 175.000
Industry Credit Rank snapshot only 76
Sector Credit Rank snapshot only 56

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