— Know what they know.
Not Investment Advice

MHO NYSE

M/I Homes, Inc.
1W: +2.0% 1M: -3.4% 3M: -10.0% YTD: +1.0% 1Y: +17.6% 3Y: +85.8% 5Y: +85.1%
$129.82
+0.86 (+0.67%)
 
Weekly Expected Move ±4.7%
$110 $116 $121 $127 $133
NYSE · Consumer Cyclical · Residential Construction · Alpha Radar Neutral · Power 42 · $3.3B mcap · 25M float · 0.951% daily turnover · Short 71% 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
44.8 / 100
NoneWeakNarrowWide
Primary source: Efficient Scale  ·  ROIC: 9.8%  ·  5Y Avg: 17.9%
Cost Advantage
57
Intangibles
39
Switching Cost
41
Network Effect
24
Scale ★
65
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. MHO shows a Weak competitive edge (44.8/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Efficient Scale. ROIC of 9.8% 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
$0
Low
$160
Avg Target
$160
High
Based on 2 analyst ratings (12 mo)
Analyst Recommendations
Strong Buy: 1Buy: 4Hold: 5Sell: 0Strong Sell: 0
Rating Summary
ConsensusHold
Avg Target$160.00
Analysts2
Consensus Change History
DateFieldFromTo
2026-04-08 consensus Buy Hold
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-01-30 Oppenheimer Initiated $165 +21.0% $136.37
2025-10-24 Raymond James $210 $155 -55 +15.9% $133.73
2025-03-06 Seaport Global Initiated $151 +24.2% $121.58
2024-11-04 Wedbush Jay McCanless $73 $185 +112 +18.7% $155.91
2024-08-02 Raymond James Buck Horne $200 $210 +10 +36.8% $153.50
2024-07-23 Raymond James Buck Horne Initiated $200 +28.5% $155.70
2023-02-06 Wedbush Initiated $73 +18.2% $61.76

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
May 22, 2026
DCF
3
ROE
4
ROA
5
D/E
3
P/E
4
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. MHO receives an overall rating of A. Strongest factors: ROE (4/5), ROA (5/5), P/E (4/5), P/B (4/5).
Rating Change History
DateFromTo
2026-04-22 A- A
2026-04-01 A A-
2026-03-19 A- A
2026-03-02 A A-

InsiderStreet Scorecard

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

45 Grade C
Profitability
35
Balance Sheet
77
Earnings Quality
75
Growth
20
Value
87
Momentum
33
Safety
100
Cash Flow
50
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. MHO scores highest in Safety (100/100) and lowest in Growth (20/100). A grade of C represents mixed fundamentals — strengths in some areas offset by weaknesses.

Risk & Quality Signals

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

Altman Z-Score
4.51
Safe Zone
Piotroski F-Score
5/9
Beneish M-Score
-2.04
Unlikely Manipulator
Ohlson O-Score
-9.92
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
AA-
Score: 82.0/100
Trend: Deteriorating
Earnings Quality
50/100
OCF/NI: 0.58x
Accruals: 3.3%
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. MHO scores 4.51, 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. MHO scores 5/9, 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. MHO's score of -2.04 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. MHO'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. MHO receives an estimated rating of AA- (score: 82.0/100), with a deteriorating trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). MHO's score of 50/100 is moderate — some divergence between reported earnings and underlying cash flows.

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
9.39x
PEG
-0.31x
P/S
0.77x
P/B
1.06x
P/FCF
16.32x
P/OCF
15.66x
EV/EBITDA
6.52x
EV/Revenue
0.84x
EV/EBIT
6.72x
EV/FCF
18.32x
Earnings Yield
11.05%
FCF Yield
6.13%
Shareholder Yield
6.21%
Graham Number
$190.53
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 9.4x earnings, MHO trades at a deep value multiple. An earnings yield of 11.1% exceeds typical risk-free rates, suggesting equities are being compensated for risk. Graham's intrinsic value formula yields $190.53 per share, suggesting a potential 47% margin of safety at the current price.

DuPont Decomposition (5-Factor)

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

Tax Burden
0.766
NI / EBT
×
Interest Burden
0.864
EBT / EBIT
×
EBIT Margin
0.125
EBIT / Rev
×
Asset Turnover
0.935
Rev / Assets
×
Equity Multiplier
1.528
Assets / Equity
=
ROE
11.8%
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. MHO's ROE of 11.8% is driven by Asset Turnover (0.935), 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.

Adj. Growth Rate
0.00%
Fair P/E
8.50x
Intrinsic Value
$115.05
Price/Value
1.06x
Margin of Safety
-6.43%
Premium
6.43%
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 MHO's realized 0.0% 3-year EPS CAGR — what the company actually delivered, not what analysts hope for. MHO trades at a 6% premium to its adjusted intrinsic value of $115.05, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 8.5x compares to the current market P/E of 9.4x.

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
$129.97
Median 1Y
$141.09
5th Pctile
$58.65
95th Pctile
$339.26
Ann. Volatility
52.1%
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
Robert H. Schottenstein
Chairman, Chief Executive Officer and President
$1,100,000 $4,945,343 $9,914,773
Phillip G. Creek
Executive Vice President, Chief Financial Officer and Director
$750,000 $2,083,614 $4,552,089
Susan E. Krohne
Senior Vice President, Chief Legal Officer and Secretary
$475,000 $450,004 $1,544,651

CEO Pay Ratio

35:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $9,914,773
Avg Employee Cost (SGA/emp): $283,535
Employees: 1,801

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
1,801
+2.3% YoY
Revenue / Employee
$2,452,960
Rev: $4,417,781,000
Profit / Employee
$223,732
NI: $402,941,000
SGA / Employee
$283,535
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 30.6% 32.1% 27.5% 28.0% 30.0% 32.9% 26.6% 27.2% 26.1% 26.5% 20.3% 21.8% 23.1% 23.3% 20.7% 19.7% 18.7% 17.3% 13.2% 11.8% 11.78%
ROA 14.6% 15.3% 13.5% 13.7% 14.7% 16.1% 14.1% 14.4% 13.9% 14.1% 12.0% 12.9% 13.7% 13.8% 13.2% 12.5% 11.9% 11.0% 8.6% 7.7% 7.71%
ROIC 18.1% 19.4% 16.8% 17.1% 18.3% 19.7% 19.6% 20.0% 19.1% 19.2% 17.8% 19.0% 20.0% 20.2% 18.8% 17.9% 17.1% 15.9% 10.9% 9.8% 9.76%
ROCE 19.2% 20.5% 17.2% 17.6% 19.0% 20.4% 20.3% 20.7% 19.8% 20.0% 16.8% 17.9% 18.8% 19.3% 18.1% 17.4% 16.7% 16.1% 13.1% 11.8% 11.83%
Gross Margin 25.1% 24.5% 23.2% 24.8% 27.3% 26.8% 22.6% 23.5% 25.5% 26.9% 25.1% 27.1% 27.8% 26.9% 24.6% 25.7% 24.7% 24.1% 18.1% 22.0% 22.00%
Operating Margin 14.7% 13.8% 13.3% 14.3% 17.6% 16.5% 13.5% 13.5% 14.9% 16.5% 13.4% 16.6% 16.8% 15.7% 13.6% 14.2% 13.4% 12.2% 6.5% 9.3% 9.35%
Net Margin 11.2% 10.1% 10.8% 10.7% 13.1% 13.0% 10.7% 10.3% 11.6% 13.3% 10.8% 13.2% 13.2% 12.8% 11.1% 11.4% 10.4% 9.4% 5.6% 7.4% 7.37%
EBITDA Margin 15.0% 14.3% 13.6% 14.7% 17.9% 16.7% 13.8% 13.8% 15.7% 16.8% 13.7% 16.9% 17.1% 16.9% 13.9% 15.4% 14.2% 14.9% 12.2% 9.3% 9.35%
FCF Margin 7.0% -1.9% -1.1% -1.3% -3.6% -0.6% 4.2% 8.3% 12.1% 16.0% 13.5% 10.1% 6.4% 2.9% 3.8% 2.7% 3.0% 5.4% 2.9% 4.6% 4.57%
OCF Margin 7.3% -1.8% -0.4% -0.6% -2.9% 0.1% 4.5% 8.6% 12.3% 16.3% 13.7% 10.2% 6.7% 3.1% 4.0% 2.9% 3.1% 5.6% 3.1% 4.8% 4.76%
ROE 3Y Avg snapshot only 16.50%
ROE 5Y Avg snapshot only 19.72%
ROA 3Y Avg snapshot only 10.59%
ROIC 3Y Avg snapshot only 12.46%
ROIC Economic snapshot only 8.35%
Cash ROA snapshot only 4.35%
Cash ROIC snapshot only 5.83%
CROIC snapshot only 5.59%
NOPAT Margin snapshot only 7.97%
Pretax Margin snapshot only 10.77%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 11.81%
SBC / Revenue snapshot only 0.29%
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 5.10 4.77 4.64 3.19 2.62 2.16 2.64 3.56 5.17 4.94 8.51 7.87 6.62 9.13 6.75 5.94 6.07 8.41 8.51 9.05 9.391
P/S Ratio 0.50 0.48 0.49 0.34 0.29 0.26 0.31 0.42 0.59 0.57 0.98 0.96 0.84 1.15 0.84 0.72 0.69 0.89 0.78 0.75 0.767
P/B Ratio 1.40 1.38 1.13 0.79 0.70 0.63 0.62 0.86 1.21 1.17 1.57 1.56 1.39 1.94 1.29 1.09 1.06 1.35 1.08 1.03 1.058
P/FCF 7.10 -25.15 -43.71 -26.31 -8.15 -43.92 7.40 5.02 4.85 3.54 7.25 9.54 13.04 39.79 22.19 26.73 23.42 16.35 26.96 16.32 16.322
P/OCF 6.81 303.10 7.03 4.88 4.77 3.48 7.17 9.45 12.60 37.50 21.16 24.76 22.31 15.87 25.07 15.66 15.660
EV/EBITDA 5.14 4.77 4.93 3.81 3.27 2.88 2.67 3.36 4.63 4.47 6.56 6.13 5.20 7.08 5.13 4.45 4.49 5.99 6.14 6.52 6.522
EV/Revenue 0.69 0.67 0.70 0.55 0.50 0.45 0.42 0.52 0.69 0.67 0.99 0.97 0.84 1.15 0.83 0.70 0.68 0.87 0.87 0.84 0.837
EV/EBIT 5.30 4.92 5.07 3.92 3.35 2.94 2.73 3.44 4.74 4.57 6.72 6.27 5.31 7.23 5.23 4.55 4.60 6.16 6.34 6.72 6.715
EV/FCF 9.77 -34.77 -62.16 -42.16 -13.74 -77.34 9.94 6.26 5.71 4.18 7.28 9.58 13.10 39.91 21.78 26.13 22.88 16.06 30.09 18.32 18.316
Earnings Yield 19.6% 20.9% 21.6% 31.3% 38.2% 46.4% 37.9% 28.1% 19.4% 20.2% 11.7% 12.7% 15.1% 11.0% 14.8% 16.8% 16.5% 11.9% 11.7% 11.1% 11.05%
FCF Yield 14.1% -4.0% -2.3% -3.8% -12.3% -2.3% 13.5% 19.9% 20.6% 28.3% 13.8% 10.5% 7.7% 2.5% 4.5% 3.7% 4.3% 6.1% 3.7% 6.1% 6.13%
Price/Tangible Book snapshot only 1.033
EV/OCF snapshot only 17.573
EV/Gross Profit snapshot only 3.764
Acquirers Multiple snapshot only 8.032
Shareholder Yield snapshot only 6.21%
Graham Number snapshot only $190.53
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 9.34 9.34 12.12 12.12 12.12 12.12 5.89 5.89 5.89 5.89 7.62 7.62 7.62 7.62 7.02 7.02 7.02 7.02 24.19 24.19 24.186
Quick Ratio 2.09 2.09 2.09 2.09 2.09 2.09 1.07 1.07 1.07 1.07 2.00 2.00 2.00 2.00 1.95 1.95 1.95 1.95 5.51 5.51 5.510
Debt/Equity 0.73 0.73 0.62 0.62 0.62 0.62 0.36 0.36 0.36 0.36 0.30 0.30 0.30 0.30 0.26 0.26 0.26 0.26 0.34 0.34 0.343
Net Debt/Equity 0.53 0.53 0.48 0.48 0.48 0.48 0.21 0.21 0.21 0.21 0.01 0.01 0.01 0.01 -0.02 -0.02 -0.02 -0.02 0.13 0.13 0.125
Debt/Assets 0.35 0.35 0.31 0.31 0.31 0.31 0.20 0.20 0.20 0.20 0.19 0.19 0.19 0.19 0.16 0.16 0.16 0.16 0.23 0.23 0.227
Debt/EBITDA 1.95 1.84 1.91 1.87 1.73 1.62 1.16 1.14 1.19 1.18 1.24 1.16 1.11 1.08 1.03 1.07 1.11 1.15 1.74 1.94 1.941
Net Debt/EBITDA 1.40 1.32 1.46 1.43 1.33 1.24 0.68 0.67 0.70 0.69 0.02 0.02 0.02 0.02 -0.10 -0.10 -0.11 -0.11 0.64 0.71 0.710
Interest Coverage 111.81 170.72 231.56 305.98 289.89 228.96 282.71 410.25 700.09 3386.30 101.59 106.70 462.29 227.67 19.05 6.97 6.68 6.679
Equity Multiplier 2.10 2.10 1.99 1.99 1.99 1.99 1.79 1.79 1.79 1.79 1.60 1.60 1.60 1.60 1.55 1.55 1.55 1.55 1.51 1.51 1.509
Cash Ratio snapshot only 3.804
Debt Service Coverage snapshot only 6.877
Cash to Debt snapshot only 0.634
FCF to Debt snapshot only 0.183
Defensive Interval snapshot only 488.2 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 1.49 1.52 1.27 1.28 1.31 1.35 1.19 1.23 1.22 1.23 1.04 1.05 1.08 1.10 1.05 1.03 1.05 1.04 0.95 0.94 0.935
Inventory Turnover 1.49 1.51 1.31 1.32 1.34 1.37 1.17 1.21 1.21 1.22 1.07 1.07 1.09 1.11 1.12 1.11 1.13 1.14 1.05 1.05 1.048
Receivables Turnover -480.49 -484.63 -494.84 -508.77 -529.97 -547.89 -544.55 -548.84
Payables Turnover 17.36 17.55 13.19 13.29 13.46 13.73 13.05 13.55 13.55 13.65 13.92 13.90 14.11 14.43 16.40 16.20 16.57 16.70 17.89 17.87 17.867
DSO 0 0 -1 -1 -1 -1 -1 -1 -1 -1 0 0 0 0 0 0 0 0 0 0 0.0 days
DIO 244 242 278 276 273 267 312 301 301 298 341 341 336 328 325 329 322 319 348 348 348.3 days
DPO 21 21 28 27 27 27 28 27 27 27 26 26 26 25 22 23 22 22 20 20 20.4 days
Cash Conversion Cycle 223 221 250 248 245 240 284 273 273 271 314 315 310 303 303 307 300 297 327 328 327.9 days
Fixed Asset Turnover snapshot only 48.841
Cash Velocity snapshot only 6.330
Capital Intensity snapshot only 1.095
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 31.9% 24.9% 23.0% 14.6% 8.8% 10.2% 10.3% 13.1% 10.0% 7.9% -2.4% -4.5% -1.7% -0.2% 11.6% 8.5% 7.3% 4.8% -1.9% -1.5% -1.48%
Net Income 1.1% 80.4% 65.4% 37.8% 25.1% 30.3% 23.6% 24.3% 11.5% 3.6% -5.2% -0.3% 9.5% 9.2% 21.1% 7.3% -3.3% -11.8% -28.5% -33.0% -33.03%
EPS 99.9% 75.9% 64.9% 41.0% 31.7% 38.8% 30.7% 27.6% 11.4% 1.2% -7.6% -2.3% 9.4% 10.3% 21.8% 10.9% 0.1% -8.5% -23.8% -29.6% -29.56%
FCF 87.0% -1.3% -1.3% -1.2% -1.6% 66.3% 5.1% 8.3% 4.7% 30.5% 2.1% 15.9% -47.8% -82.1% -68.7% -71.1% -50.6% 97.8% -25.7% 66.9% 66.93%
EBITDA 94.8% 76.3% 56.2% 33.6% 23.6% 24.4% 22.6% 22.2% 8.6% 2.5% -6.8% -2.6% 6.5% 8.1% 20.0% 8.6% -0.1% -6.0% -14.3% -20.1% -20.14%
Op. Income 91.6% 73.5% 62.3% 37.9% 26.4% 27.5% 23.0% 22.5% 8.1% 1.5% -7.8% -3.5% 7.1% 7.4% 19.5% 6.5% -3.7% -10.9% -27.9% -31.9% -31.93%
OCF Growth snapshot only 61.19%
Asset Growth snapshot only 5.00%
Equity Growth snapshot only 7.71%
Debt Growth snapshot only 44.79%
Shares Change snapshot only -4.94%
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 19.2% 18.1% 17.9% 17.5% 17.2% 16.9% 18.2% 18.0% 16.5% 14.1% 9.8% 7.4% 5.6% 5.8% 6.3% 5.4% 5.1% 4.1% 2.2% 0.7% 0.71%
Revenue 5Y 17.9% 17.1% 17.2% 16.3% 16.1% 16.3% 16.1% 16.5% 15.2% 14.4% 12.0% 11.9% 11.8% 11.5% 12.5% 11.3% 10.8% 9.2% 7.7% 5.8% 5.76%
EPS 3Y 58.4% 56.6% 51.9% 53.5% 57.1% 59.6% 58.6% 53.7% 43.2% 35.2% 25.8% 20.7% 17.1% 15.7% 13.7% 11.4% 6.9% 0.7% -5.0% -8.6% -8.61%
EPS 5Y 45.0% 49.2% 48.2% 45.6% 48.0% 46.4% 49.9% 49.2% 42.3% 40.1% 33.5% 35.2% 36.4% 35.3% 35.0% 31.5% 26.3% 20.1% 13.1% 6.6% 6.56%
Net Income 3Y 60.2% 58.6% 54.5% 55.5% 58.1% 58.8% 56.7% 52.5% 42.8% 34.5% 24.7% 19.5% 15.2% 13.8% 12.4% 10.0% 5.7% -0.1% -6.4% -10.5% -10.52%
Net Income 5Y 45.0% 49.1% 47.6% 44.4% 46.0% 43.9% 46.8% 46.9% 41.8% 40.0% 34.0% 36.1% 37.0% 35.3% 34.6% 30.5% 25.3% 18.6% 10.9% 4.2% 4.18%
EBITDA 3Y 41.3% 42.7% 42.7% 43.9% 46.2% 46.9% 48.5% 45.7% 37.8% 31.0% 21.3% 16.7% 12.7% 11.3% 11.1% 8.9% 5.0% 1.4% -1.4% -5.5% -5.47%
EBITDA 5Y 30.3% 33.5% 34.4% 32.5% 34.4% 33.0% 33.2% 33.6% 30.5% 30.0% 27.1% 28.8% 29.3% 28.6% 29.6% 26.8% 22.7% 18.0% 12.9% 6.6% 6.64%
Gross Profit 3Y 26.8% 26.7% 27.0% 27.2% 28.1% 28.6% 28.3% 27.1% 23.3% 19.5% 14.7% 11.9% 9.7% 9.4% 9.6% 8.1% 5.8% 3.0% -0.9% -3.1% -3.09%
Gross Profit 5Y 21.6% 22.3% 22.5% 21.2% 21.8% 21.5% 21.6% 21.9% 20.2% 19.6% 18.1% 19.0% 19.5% 19.1% 19.3% 17.5% 15.5% 12.4% 8.5% 4.9% 4.95%
Op. Income 3Y 42.7% 44.3% 47.0% 48.3% 49.7% 50.2% 49.1% 46.2% 37.8% 30.9% 22.6% 17.7% 13.6% 11.6% 10.7% 8.0% 3.7% -0.9% -7.4% -11.2% -11.21%
Op. Income 5Y 30.6% 34.2% 35.7% 33.6% 35.6% 34.0% 34.2% 34.8% 31.8% 31.2% 29.2% 31.0% 31.2% 29.9% 29.6% 26.3% 22.0% 16.5% 9.7% 3.4% 3.41%
FCF 3Y 41.9% 81.5% 57.0% 39.7% 51.7% 17.2% 2.6% -10.0% -17.6% -17.59%
FCF 5Y 64.0% 12.8% 22.9% 14.9% -0.1% -0.7% -4.1% -4.9% -4.91%
OCF 3Y -64.0% 41.0% 78.8% 56.0% 38.5% 48.6% 15.9% 2.3% 3.2% -9.4% -17.2% -17.23%
OCF 5Y 1.2% 1.3% 58.6% 12.5% 22.3% 15.0% 0.2% -0.9% -4.1% -5.0% -4.95%
Assets 3Y 12.3% 12.3% 17.0% 17.0% 17.0% 17.0% 20.8% 20.8% 20.8% 20.8% 15.0% 15.0% 15.0% 15.0% 12.0% 12.0% 12.0% 12.0% 8.7% 8.7% 8.74%
Assets 5Y 13.3% 13.3% 15.9% 15.9% 15.9% 15.9% 14.8% 14.8% 14.8% 14.8% 14.8% 14.8% 14.8% 14.8% 16.7% 16.7% 16.7% 16.7% 12.6% 12.6% 12.57%
Equity 3Y 19.0% 19.0% 23.8% 23.8% 23.8% 23.8% 27.3% 27.3% 27.3% 27.3% 26.0% 26.0% 26.0% 26.0% 21.9% 21.9% 21.9% 21.9% 15.2% 15.2% 15.21%
Book Value 3Y 17.7% 17.5% 21.8% 22.2% 23.1% 24.4% 28.9% 28.4% 27.6% 28.0% 27.1% 27.2% 28.0% 28.1% 23.3% 23.5% 23.2% 22.9% 16.9% 17.7% 17.67%
Dividend 3Y
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 0.93 0.95 0.95 0.96 0.95 0.97 0.97 0.98 0.97 0.98 0.92 0.91 0.91 0.92 0.89 0.85 0.88 0.87 0.84 0.75 0.753
Earnings Stability 0.76 0.81 0.84 0.87 0.88 0.90 0.93 0.95 0.95 0.95 0.92 0.95 0.95 0.93 0.91 0.89 0.82 0.68 0.39 0.17 0.166
Margin Stability 0.91 0.90 0.90 0.89 0.88 0.88 0.89 0.89 0.90 0.89 0.89 0.89 0.88 0.88 0.89 0.89 0.91 0.92 0.93 0.93 0.926
Rev. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 0.00 0.00 0.000
Earn. Growth Consistency 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 1.00 1.00 0.50 0.50 0.00 0.00 0.00 0.00 0.000
FCF Positive Streak 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1
Earnings Persistence 0.50 0.50 0.50 0.85 0.90 0.88 0.91 0.90 0.95 0.99 0.98 1.00 0.96 0.96 0.92 0.97 0.99 0.95 0.89 0.87 0.868
Earnings Smoothness 0.30 0.43 0.51 0.68 0.78 0.74 0.79 0.78 0.89 0.97 0.95 1.00 0.91 0.91 0.81 0.93 0.97 0.87 0.67 0.60 0.604
ROE Trend 0.13 0.12 0.09 0.06 0.05 0.05 0.02 0.00 -0.04 -0.05 -0.06 -0.05 -0.04 -0.05 -0.02 -0.04 -0.05 -0.06 -0.06 -0.08 -0.077
Gross Margin Trend 0.04 0.04 0.03 0.03 0.03 0.03 0.02 0.01 0.00 -0.00 0.01 0.02 0.02 0.02 0.01 0.01 -0.00 -0.01 -0.03 -0.04 -0.040
FCF Margin Trend 0.04 -0.08 -0.05 -0.06 -0.10 -0.04 0.02 0.05 0.10 0.17 0.12 0.07 0.02 -0.05 -0.05 -0.07 -0.06 -0.04 -0.06 -0.02 -0.018
Sustainable Growth Rate 30.6% 32.1% 27.5% 28.0% 30.0% 32.9% 26.6% 27.2% 26.1% 26.5% 20.3% 21.8% 23.1% 23.3% 20.7% 19.7% 18.7% 17.3% 13.2% 11.8% 11.78%
Internal Growth Rate 17.1% 18.1% 15.6% 15.9% 17.3% 19.2% 16.4% 16.9% 16.1% 16.4% 13.7% 14.9% 15.8% 16.1% 15.1% 14.3% 13.5% 12.4% 9.5% 8.4% 8.35%
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 0.75 -0.17 -0.04 -0.06 -0.26 0.01 0.38 0.73 1.08 1.42 1.19 0.83 0.53 0.24 0.32 0.24 0.27 0.53 0.34 0.58 0.578
FCF/OCF 0.96 1.09 2.50 2.16 1.24 -6.90 0.95 0.97 0.98 0.99 0.99 0.99 0.97 0.94 0.95 0.93 0.95 0.97 0.93 0.96 0.959
FCF/Net Income snapshot only 0.554
OCF/EBITDA snapshot only 0.371
CapEx/Revenue 0.3% 0.2% 0.7% 0.7% 0.7% 0.7% 0.2% 0.2% 0.2% 0.2% 0.1% 0.1% 0.2% 0.2% 0.2% 0.2% 0.1% 0.2% 0.2% 0.2% 0.19%
CapEx/Depreciation snapshot only 0.523
Accruals Ratio 0.04 0.18 0.14 0.14 0.19 0.16 0.09 0.04 -0.01 -0.06 -0.02 0.02 0.06 0.10 0.09 0.10 0.09 0.05 0.06 0.03 0.033
Sloan Accruals snapshot only 0.110
Cash Flow Adequacy snapshot only 24.655
Earnings Quality Score snapshot only 0.500
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 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Dividend/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
FCF Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Total Payout Ratio 0.0% 4.3% 13.0% 16.6% 21.2% 19.3% 11.3% 6.7% 4.9% 6.9% 12.7% 18.1% 23.8% 28.2% 31.4% 37.6% 39.4% 42.7% 50.1% 56.2% 56.20%
Div. Increase Streak
Chowder Number
Buyback Yield 0.0% 0.9% 2.8% 5.2% 8.1% 8.9% 4.3% 1.9% 1.0% 1.4% 1.5% 2.3% 3.6% 3.1% 4.7% 6.3% 6.5% 5.1% 5.9% 6.2% 6.21%
Net Buyback Yield -0.1% 0.8% 2.8% 5.2% 8.0% 8.9% 4.2% 1.8% 0.9% 1.4% 1.5% 2.3% 3.6% 3.1% 4.7% 6.3% 6.5% 4.9% 5.7% 5.9% 5.89%
Total Shareholder Return -0.1% 0.8% 2.8% 5.2% 8.0% 8.9% 4.2% 1.8% 0.9% 1.4% 1.5% 2.3% 3.6% 3.1% 4.7% 6.3% 6.5% 4.9% 5.7% 5.9% 5.89%
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 0.77 0.78 0.78 0.77 0.77 0.77 0.77 0.78 0.77 0.77 0.77 0.77 0.76 0.77 0.77 0.77 0.77 0.77 0.77 0.766
Interest Burden (EBT/EBIT) 0.98 0.96 0.99 0.99 0.99 1.00 1.00 1.00 1.00 1.01 1.03 1.03 1.04 1.03 1.03 1.02 1.01 0.97 0.87 0.86 0.864
EBIT Margin 0.13 0.14 0.14 0.14 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0.16 0.16 0.16 0.15 0.15 0.14 0.14 0.12 0.125
Asset Turnover 1.49 1.52 1.27 1.28 1.31 1.35 1.19 1.23 1.22 1.23 1.04 1.05 1.08 1.10 1.05 1.03 1.05 1.04 0.95 0.94 0.935
Equity Multiplier 2.10 2.10 2.04 2.04 2.04 2.04 1.88 1.88 1.88 1.88 1.69 1.69 1.69 1.69 1.57 1.57 1.57 1.57 1.53 1.53 1.528
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) $11.50 $12.11 $13.40 $13.89 $15.15 $16.81 $17.51 $17.73 $16.88 $17.01 $16.18 $17.32 $18.46 $18.77 $19.71 $19.22 $18.48 $17.17 $15.03 $13.54 $13.54
Book Value/Share $41.83 $41.92 $54.85 $55.87 $56.81 $57.63 $73.91 $73.16 $72.34 $71.81 $87.53 $87.13 $87.80 $88.21 $102.79 $105.21 $106.23 $106.85 $118.08 $119.20 $122.75
Tangible Book/Share $40.98 $41.06 $54.01 $55.02 $55.94 $56.75 $72.76 $72.02 $71.22 $70.69 $86.59 $86.19 $86.85 $87.26 $101.87 $104.27 $105.28 $105.89 $117.47 $118.58 $118.58
Revenue/Share $117.77 $119.90 $126.49 $129.95 $134.93 $140.72 $147.46 $150.90 $148.30 $148.37 $140.29 $141.24 $145.63 $149.60 $157.39 $158.47 $161.94 $162.58 $164.65 $164.23 $167.74
FCF/Share $8.26 $-2.30 $-1.42 $-1.69 $-4.86 $-0.82 $6.24 $12.58 $17.97 $23.77 $19.01 $14.28 $9.36 $4.31 $5.99 $4.27 $4.79 $8.83 $4.75 $7.50 $7.66
OCF/Share $8.62 $-2.11 $-0.57 $-0.78 $-3.92 $0.12 $6.57 $12.94 $18.28 $24.12 $19.21 $14.42 $9.69 $4.57 $6.28 $4.61 $5.03 $9.10 $5.10 $7.82 $7.99
Cash/Share $8.67 $8.69 $7.98 $8.13 $8.27 $8.39 $11.11 $11.00 $10.88 $10.80 $25.60 $25.49 $25.68 $25.80 $28.74 $29.42 $29.70 $29.88 $25.70 $25.95 $29.51
EBITDA/Share $15.71 $16.73 $17.92 $18.65 $20.44 $22.18 $23.23 $23.41 $22.19 $22.23 $21.09 $22.33 $23.59 $24.29 $25.44 $25.08 $24.42 $23.69 $23.26 $21.07 $21.07
Debt/Share $30.72 $30.78 $34.23 $34.86 $35.45 $35.96 $26.90 $26.63 $26.33 $26.14 $26.13 $26.01 $26.21 $26.33 $26.24 $26.86 $27.12 $27.27 $40.52 $40.90 $40.90
Net Debt/Share $22.05 $22.10 $26.24 $26.73 $27.18 $27.57 $15.79 $15.63 $15.46 $15.34 $0.52 $0.52 $0.53 $0.53 $-2.50 $-2.56 $-2.59 $-2.60 $14.82 $14.96 $14.96
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 4.513
Altman Z-Prime snapshot only 10.884
Piotroski F-Score 6 5 6 7 6 7 6 6 6 6 6 5 6 6 6 6 5 4 5 5 5
Beneish M-Score -2.04 -1.66 -1.66 -1.77 -1.59 -1.67 -2.91 -3.11 -3.51 -3.70 -2.93 -2.48 -2.21 -2.00 -1.74 -2.00 -1.88 -2.10 -1.81 -2.04 -2.041
Ohlson O-Score snapshot only -9.923
ROIC (Greenblatt) snapshot only 12.67%
Net-Net WC snapshot only $104.33
EVA snapshot only $-8462718.02
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 AA-
Credit Score 90.64 83.90 80.09 80.30 80.07 81.09 86.19 89.38 93.94 93.21 90.08 90.56 90.55 90.80 91.58 90.04 90.73 91.48 82.21 81.97 81.970
Credit Grade snapshot only 4
Credit Trend snapshot only -8.069
Implied Spread (bps) snapshot only 100.000
Industry Credit Rank snapshot only 71
Sector Credit Rank snapshot only 78

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