— Know what they know.
Not Investment Advice

PIPR NYSE

Piper Sandler Companies
1W: +2.4% 1M: -10.2% 3M: -16.1% YTD: -81.4% 1Y: -80.8% 3Y: -50.9% 5Y: -52.9%
$65.30
+0.33 (+0.51%)
After Hours: $66.91 (+1.61, +2.47%)
Weekly Expected Move ±5.6%
$57 $61 $65 $68 $72
NYSE · Financial Services · Investment - Banking & Investment Services · Tech Score Neutral · Power 48 · $4.6B mcap · 68M float · 1.03% daily turnover · Short 57% of daily vol
Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: none of note held by US funds details ▾
Not rated: lending and leverage are a financial company's business, which the model misreads.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

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.

NARROW EDGE
59.9 / 100
NoneWeakNarrowWide
Primary source: Network Effects  ·  ROIC: 29.4%  ·  5Y Avg: 18.6%
Cost Advantage
64
Intangibles
62
Switching Cost
35
Network Effect
85
Scale
67
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. PIPR has a Narrow competitive edge (59.9/100) — meaningful but not impregnable advantages over competitors. The primary source of advantage is Network Effects. ROIC of 29.4% 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
$80
Low
$80
Avg Target
$80
High
Based on 1 analyst since Jul 30, 2026 earnings
Analyst Recommendations
Strong Buy: 0Buy: 2Hold: 9Sell: 0Strong Sell: 0
Rating Summary
ConsensusHold
Avg Target$80.00
Analysts1
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-10-01 Goldman Sachs — $97 $80 -17 +21.3% $65.97
2026-04-14 Goldman Sachs James Yaro $292 $97 -195 +13.4% $85.54
2026-01-26 Piper Sandler — $140 $385 +245 +327.4% $90.09
2026-01-07 Wolfe Research — Initiated $398 — +333.6% $91.79
2024-09-10 Goldman Sachs James Yaro Initiated $292 — +351.4% $64.69
2022-09-28 Truist Financial — Initiated $55 — +108.5% $26.38
2022-05-17 Piper Sandler — $220 $140 -80 +345.9% $31.39
2022-05-05 Piper Sandler — $90 $220 +130 +583.8% $32.17
2022-05-05 Piper Sandler — Initiated $90 — +179.7% $32.17

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 27, 2026
DCF
3
ROE
5
ROA
5
D/E
4
P/E
2
P/B
1
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. PIPR receives an overall rating of A-. Strongest factors: ROE (5/5), ROA (5/5), D/E (4/5). Areas of concern: P/E (2/5), P/B (1/5).
Rating Change History
DateFromTo
2026-10-12 B+ A-
2026-10-01 A- B+
2026-08-06 C- A-
2026-08-03 C C-
2026-07-31 A- C
2026-05-18 B+ A-
2026-05-11 B B+
2026-05-08 C- B
2026-05-04 B+ C-
2026-04-06 B- B+

InsiderStreet Scorecard

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

★ ★ ★ ★ ★ 85 Grade A+
Profitability
76
Balance Sheet
86
Earnings Quality
70
Growth
78
Value
65
Momentum
100
Safety
100
Cash Flow
96
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. PIPR scores highest in Safety (100/100) and lowest in Value (65/100). An overall grade of A+ places PIPR 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
6.40
Safe Zone
Piotroski F-Score
5/9
✓ ✓ ✓ ✓ ✗ ✗ ✗ ✗ ✓
Beneish M-Score
-3.71
Unlikely Manipulator
Ohlson O-Score
-10.36
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
AAA
Score: 97.7/100
Trend: Stable
Earnings Quality
75/100
OCF/NI: 2.03x
Accruals: -14.8%
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. PIPR scores 6.40, 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. PIPR 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. PIPR's score of -3.71 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. PIPR'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. PIPR receives an estimated rating of AAA (score: 97.7/100), with a stable 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). PIPR's score of 75/100 is high — cash flows strongly support reported earnings.

Valuation

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

P/E
14.49x
PEG
0.36x
P/S
2.22x
P/B
3.25x
P/FCF
8.53x
P/OCF
8.26x
EV/EBITDA
9.75x
EV/Revenue
2.39x
EV/EBIT
10.32x
EV/FCF
8.31x
Earnings Yield
5.96%
FCF Yield
11.73%
Shareholder Yield
5.16%
Graham Number
$43.25
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 14.5x earnings, PIPR trades at a reasonable valuation. An earnings yield of 6.0% exceeds typical risk-free rates, suggesting equities are being compensated for risk. Graham's intrinsic value formula yields $43.25 per share, 50% 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
0.634
NI / EBT
×
Interest Burden
0.995
EBT / EBIT
×
EBIT Margin
0.232
EBIT / Rev
×
Asset Turnover
0.980
Rev / Assets
×
Equity Multiplier
1.647
Assets / Equity
=
ROE
23.6%
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. PIPR's ROE of 23.6% is driven by Asset Turnover (0.980), 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
0.00%
Fair P/E
8.50x
Intrinsic Value
$36.67
Price/Value
1.97x
Margin of Safety
-97.29%
Premium
97.29%
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 PIPR's realized 0.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. PIPR trades at a 97% premium to its adjusted intrinsic value of $36.67, 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 14.5x.

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
$65.27
Median 1Y
$53.31
5th Pctile
$18.59
95th Pctile
$151.96
Ann. Volatility
65.9%
Analyst Target
$80.00
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
Chad R. Abraham
CEO
$650,000 $3,735,355 $11,030,039
Jonathan J. Doyle
Vice Chairman and Head of Financial Services
$500,000 $2,165,960 $6,133,859
James P. Baker
Global Co-Head of Investment Banking and Capital Markets
$425,000 $1,725,338 $5,652,344
Michael R. Dillahunt
Global Co-Head of Investment Banking and Capital Markets
$425,000 $1,725,338 $5,647,817
Katherine P. Clune
CFO
$425,000 $1,136,625 $3,449,939

CEO Pay Ratio

16:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $11,030,039
Avg Employee Cost (SGA/emp): $685,879
Employees: 1,858

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
1,858
+2.9% YoY
Revenue / Employee
$1,024,875
Rev: $1,904,217,000
Profit / Employee
$151,416
NI: $281,331,000
SGA / Employee
$685,879
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 23.7% 29.4% 27.9% 22.3% 18.8% 10.5% 9.7% 8.1% 7.0% 8.0% 9.6% 12.3% 14.9% 15.7% 17.6% 17.9% 19.3% 21.7% 22.0% 23.6% 23.62%
ROA 10.3% 12.2% 14.6% 10.7% 8.8% 4.7% 5.4% 4.2% 3.6% 4.0% 5.6% 6.9% 8.2% 8.2% 11.2% 10.9% 11.1% 11.6% 14.3% 14.3% 14.34%
ROIC 37.7% 1.1% 28.8% 23.0% 19.6% 11.0% 9.0% 8.1% 6.0% 11.4% 10.3% 11.9% 17.0% 18.7% 12.0% 13.2% 15.9% 43.5% 29.5% 29.4% 29.41%
ROCE 15.7% 18.2% 21.0% 16.4% 12.9% 6.3% 7.3% 5.2% 4.1% 6.1% 8.2% 8.8% 11.3% 9.8% 11.1% 11.2% 12.6% 14.7% 21.0% 26.9% 26.93%
Gross Margin 99.4% 99.6% 99.4% 99.3% 99.2% 99.4% 99.1% 99.1% 99.1% 99.5% 99.6% 99.5% 99.6% 99.7% 99.6% 99.5% 99.8% 95.2% 96.1% 95.5% 95.53%
Operating Margin 17.5% 26.6% 10.4% 10.9% 5.9% 11.3% 8.9% 5.0% -1.2% 18.6% 15.7% 8.4% 15.9% 17.6% 8.5% 12.4% 23.2% 28.5% 18.7% 20.4% 20.39%
Net Margin 10.5% 17.9% 10.7% 6.3% 4.5% 10.1% 8.9% 1.4% 1.4% 11.3% 12.8% 10.3% 9.9% 14.8% 18.7% 10.7% 13.0% 17.1% 13.7% 13.7% 13.67%
EBITDA Margin 20.0% 28.3% 12.3% 13.0% 8.3% 13.8% 12.1% 8.3% 2.1% 20.6% 17.7% 10.4% 17.8% 19.1% 10.3% 14.0% 24.7% 29.6% 20.1% 21.8% 21.79%
FCF Margin 25.4% 34.6% 24.6% 12.9% 4.4% -18.5% 2.2% 2.3% -0.1% 20.2% 19.9% 36.1% 38.1% 20.0% 18.5% 2.1% -1.1% 35.8% 28.6% 28.8% 28.78%
OCF Margin 26.8% 35.7% 25.5% 14.0% 6.2% -16.3% 4.3% 4.0% 1.1% 20.9% 20.6% 36.8% 38.7% 21.1% 20.2% 4.4% 1.2% 37.6% 29.9% 29.7% 29.69%
ROE 3Y Avg snapshot only 17.12%
ROE 5Y Avg snapshot only 16.22%
ROA 3Y Avg snapshot only 10.30%
ROIC 3Y Avg snapshot only 17.94%
ROIC Economic snapshot only 24.29%
Cash ROA snapshot only 26.81%
Cash ROIC snapshot only 50.16%
CROIC snapshot only 48.61%
NOPAT Margin snapshot only 17.41%
Pretax Margin snapshot only 23.07%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 14.24%
SBC / Revenue snapshot only 3.82%
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 10.02 9.97 7.93 8.23 8.82 18.73 22.77 25.71 33.68 34.29 33.04 29.75 30.08 29.02 21.71 23.26 104.32 86.04 19.36 16.77 14.485
P/S Ratio 1.19 1.40 1.10 1.02 1.00 1.50 1.71 1.66 1.95 2.22 2.48 2.81 3.33 3.53 2.94 3.15 14.75 12.94 2.73 2.45 2.218
P/B Ratio 2.12 2.61 2.07 1.79 1.64 1.97 2.19 2.05 2.33 2.70 3.07 3.52 4.23 4.28 3.64 3.99 19.23 17.65 4.06 3.75 3.252
P/FCF 4.68 4.04 4.48 7.93 22.60 -8.11 76.38 70.95 -2542.89 11.04 12.49 7.78 8.76 17.65 15.90 150.15 -1294.50 36.16 9.55 8.53 8.525
P/OCF 4.45 3.93 4.33 7.28 16.14 — 39.51 41.66 179.99 10.63 12.06 7.63 8.62 16.78 14.57 71.22 1193.52 34.38 9.14 8.26 8.262
EV/EBITDA 4.55 4.17 4.83 5.08 5.47 11.75 15.50 16.48 22.02 16.96 18.51 19.52 18.96 19.84 19.84 20.20 83.79 58.36 11.29 9.75 9.745
EV/Revenue 1.02 1.02 1.09 1.02 0.98 1.40 1.85 1.78 2.09 2.06 2.50 2.70 3.22 3.28 2.93 3.14 14.75 12.57 2.61 2.39 2.392
EV/EBIT 5.16 4.57 5.31 5.65 6.15 14.46 19.71 22.33 32.48 22.13 22.81 23.33 21.45 22.30 22.56 22.67 92.06 62.62 12.01 10.32 10.318
EV/FCF 3.99 2.94 4.45 7.95 22.06 -7.60 82.62 76.28 -2720.51 10.21 12.56 7.47 8.45 16.36 15.87 149.93 -1294.53 35.12 9.14 8.31 8.312
Earnings Yield 10.0% 10.0% 12.6% 12.1% 11.3% 5.3% 4.4% 3.9% 3.0% 2.9% 3.0% 3.4% 3.3% 3.4% 4.6% 4.3% 1.0% 1.2% 5.2% 6.0% 5.96%
FCF Yield 21.4% 24.7% 22.3% 12.6% 4.4% -12.3% 1.3% 1.4% -0.0% 9.1% 8.0% 12.9% 11.4% 5.7% 6.3% 0.7% -0.1% 2.8% 10.5% 11.7% 11.73%
PEG Ratio snapshot only 0.358
Price/Tangible Book snapshot only 5.386
EV/OCF snapshot only 8.055
EV/Gross Profit snapshot only 2.478
Acquirers Multiple snapshot only 10.315
Shareholder Yield snapshot only 5.16%
Graham Number snapshot only $43.25
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 101.20 9.41 199.98 48.84 21.47 12.19 2.32 285.49 40.07 2.83 — 8.24 8.40 23.03 5.33 20.16 6.99 22.75 13.40 2.09 2.094
Quick Ratio 101.20 9.41 199.98 48.84 21.47 12.19 2.32 285.49 40.07 2.83 — 8.24 8.40 23.03 5.33 20.16 6.99 22.75 6.03 1.02 1.018
Debt/Equity 0.27 0.20 0.23 0.24 0.24 0.22 0.22 0.22 0.21 0.15 0.08 0.15 0.15 0.08 0.10 0.09 0.09 0.08 0.08 0.13 0.127
Net Debt/Equity -0.31 -0.71 -0.01 0.00 -0.04 -0.12 0.18 0.15 0.16 -0.20 0.02 -0.14 -0.15 -0.31 -0.01 -0.01 0.00 -0.51 -0.17 -0.09 -0.094
Debt/Assets 0.12 0.08 0.12 0.12 0.12 0.11 0.13 0.12 0.11 0.08 0.05 0.09 0.09 0.04 0.06 0.06 0.05 0.04 0.05 0.08 0.075
Debt/EBITDA 0.68 0.44 0.54 0.69 0.80 1.42 1.46 1.64 1.88 1.03 0.50 0.84 0.71 0.40 0.52 0.48 0.39 0.29 0.24 0.34 0.339
Net Debt/EBITDA -0.78 -1.56 -0.03 0.01 -0.13 -0.79 1.17 1.15 1.44 -1.37 0.12 -0.81 -0.68 -1.56 -0.05 -0.03 0.00 -1.72 -0.50 -0.25 -0.251
Interest Coverage 30.11 41.13 38.83 32.34 26.60 14.17 12.56 10.01 7.89 12.08 16.78 20.51 32.86 38.45 35.02 37.82 51.76 77.56 101.22 150.53 150.533
Equity Multiplier 2.24 2.42 1.85 1.96 2.04 2.07 1.74 1.88 1.90 1.97 1.66 1.70 1.74 1.84 1.50 1.59 1.73 1.89 1.59 1.70 1.695
Cash Ratio snapshot only 0.586
Debt Service Coverage snapshot only 159.375
Cash to Debt snapshot only 1.738
FCF to Debt snapshot only 3.454
Defensive Interval snapshot only 72.1 days
Efficiency & Turnover
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Asset Turnover 0.87 0.87 1.05 0.86 0.77 0.58 0.72 0.66 0.62 0.61 0.75 0.73 0.74 0.68 0.82 0.80 0.79 0.77 1.01 0.98 0.980
Inventory Turnover — — — — — — — — — — — — — — — — — — 0.25 0.26 0.264
Receivables Turnover 32.19 43.93 41.72 31.86 33.29 29.41 31.28 25.50 26.01 37.42 28.40 32.00 25.46 23.81 17.63 24.09 20.20 20.22 12.29 45.17 45.174
Payables Turnover 1.06 0.67 0.99 0.86 0.55 1.06 3.10 1.74 0.52 3.62 2.40 0.68 1.00 1.66 2.69 0.41 0.17 2.53 2.55 18.10 18.097
DSO 11 8 9 11 11 12 12 14 14 10 13 11 14 15 21 15 18 18 30 8 8.1 days
DIO 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1446 1384 1384.3 days
DPO 346 541 369 424 662 344 118 210 703 101 152 533 367 220 136 897 2110 144 143 20 20.2 days
Cash Conversion Cycle -335 -533 -360 -413 -651 -332 -106 -195 -689 -91 -139 -522 -352 -204 -115 -882 -2092 -126 1332 1372 1372.2 days
Fixed Asset Turnover snapshot only 10.502
Operating Cycle snapshot only 1392.4 days
Cash Velocity snapshot only 6.905
Capital Intensity snapshot only 1.108
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 63.0% 65.8% 38.3% 9.5% -5.9% -30.2% -30.4% -27.2% -24.7% -4.7% 2.4% 10.6% 19.9% 12.9% 10.4% 10.5% 13.0% 25.8% 33.1% 34.7% 34.71%
Net Income 4.6% 5.9% 1.5% 25.6% -10.2% -60.3% -62.5% -62.2% -61.5% -22.8% 2.7% 62.0% 1.3% 1.1% 98.9% 58.4% 44.1% 55.3% 38.4% 45.7% 45.69%
EPS 3.9% 5.3% 1.4% 25.8% -8.5% -59.2% -62.2% -62.5% -62.7% -24.7% 0.8% 56.9% 1.2% 1.1% 93.8% 57.6% -64.1% -61.0% -65.1% -63.8% -63.75%
FCF -22.4% -9.9% 85.1% -42.3% -83.6% -1.4% -93.7% -86.8% -1.0% 2.0% 8.1% 16.1% 595.4% 12.1% 2.6% -93.6% -1.0% 1.2% 1.1% 17.5% 17.50%
EBITDA 3.0% 2.9% 81.7% 3.3% -24.7% -65.8% -63.5% -60.9% -60.0% -3.3% 16.1% 41.3% 1.1% 53.5% 20.8% 24.4% 17.2% 64.1% 1.1% 1.1% 1.13%
Op. Income 5.6% 5.4% 1.1% 8.7% -24.1% -69.6% -68.4% -67.9% -69.5% -8.8% 19.8% 60.2% 1.8% 78.2% 31.0% 32.5% 20.6% 72.0% 1.2% 1.3% 1.25%
OCF Growth snapshot only 8.05%
Asset Growth snapshot only 18.77%
Equity Growth snapshot only 11.62%
Debt Growth snapshot only 50.59%
Shares Change snapshot only 3.02%
Dividend Growth snapshot only -68.21%
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 31.6% 38.6% 36.2% 31.8% 29.4% 19.5% 15.6% 9.5% 4.9% 3.3% -0.5% -4.1% -5.3% -9.1% -7.7% -3.8% 0.6% 10.6% 14.6% 18.1% 18.09%
Revenue 5Y 18.8% 21.1% 18.8% 16.0% 13.4% 9.3% 9.3% 9.6% 10.1% 12.1% 12.5% 13.0% 14.3% 12.9% 11.8% 9.9% 9.3% 9.4% 7.7% 5.6% 5.60%
EPS 3Y — 55.5% 46.7% 37.0% 19.7% -6.2% 1.0% 0.5% 18.5% 24.5% -2.8% -9.6% -8.7% -14.2% -9.7% -2.5% -33.2% -15.5% -12.0% -3.6% -3.58%
EPS 5Y 39.5% — — 85.7% — — — — — 2.9% 3.7% 8.6% 7.3% 5.0% 15.0% 20.2% 5.9% 9.1% -9.1% -15.8% -15.83%
Net Income 3Y — 69.7% 59.2% 45.9% 26.8% -0.3% 8.7% 6.2% 24.6% 28.3% -0.8% -8.4% -7.5% -13.4% -8.5% -1.0% 8.3% 36.5% 41.4% 55.2% 55.19%
Net Income 5Y 48.9% — — 96.0% — — — — — 8.4% 9.2% 13.7% 12.5% 10.1% 21.3% 25.2% 44.9% 47.3% 21.9% 12.2% 12.17%
EBITDA 3Y 76.5% 74.3% 59.7% 41.3% 35.8% 6.2% 21.2% 18.6% 6.5% 8.9% -8.3% -17.1% -13.6% -20.3% -20.0% -11.8% 0.2% 34.6% 43.0% 55.2% 55.20%
EBITDA 5Y 39.1% — 91.4% 63.6% — — — — 10.6% 11.8% 11.5% 9.3% 16.5% 12.2% 20.1% 24.0% 24.9% 26.6% 14.2% 8.6% 8.58%
Gross Profit 3Y 32.4% 39.4% 36.8% 32.3% 29.7% 19.8% 15.9% 9.7% 5.1% 3.4% -0.4% -4.0% -5.3% -9.1% -7.7% -3.8% 0.7% 10.1% 13.8% 17.0% 17.01%
Gross Profit 5Y 19.4% 21.7% 19.3% 16.5% 13.8% 9.6% 9.7% 9.9% 10.4% 12.4% 12.7% 13.2% 14.5% 13.2% 12.1% 10.1% 9.6% 9.2% 7.3% 5.0% 5.01%
Op. Income 3Y 88.9% 82.5% 65.0% 45.1% 39.0% 4.1% 26.3% 28.2% 15.2% 21.4% -7.0% -17.7% -13.5% -20.9% -20.9% -12.0% 0.9% 40.9% 51.7% 68.5% 68.53%
Op. Income 5Y 46.5% — — 1.8% — — — — 9.3% 11.0% 11.2% 9.5% 18.0% 12.9% 25.9% 34.9% 38.9% 40.5% 18.6% 10.8% 10.77%
FCF 3Y 49.6% 11.6% 7.7% -3.2% -23.0% — -52.0% -57.5% — -29.6% 2.2% 9.2% 8.3% -24.3% -16.1% -47.5% — — 1.7% 1.7% 1.73%
FCF 5Y 29.2% 78.6% 13.3% 8.4% -30.3% — -33.6% -38.6% — -11.7% -6.4% 15.4% 28.8% 37.2% 0.6% -39.0% — -2.6% 17.6% 9.1% 9.11%
OCF 3Y 46.4% 11.5% 7.5% -2.1% -15.3% — -40.8% -49.7% -71.6% -29.3% 0.2% 7.6% 7.1% -23.8% -14.6% -34.5% -41.2% — 1.2% 1.3% 1.31%
OCF 5Y 28.7% 70.7% 13.1% 8.9% -25.7% — -24.8% -32.1% -38.2% -11.6% -6.5% 14.7% 27.8% 35.8% 1.8% -29.6% -48.7% -2.0% 16.5% 8.4% 8.40%
Assets 3Y 13.7% 24.0% 17.2% 17.4% 15.0% 10.2% 5.9% 4.3% 2.6% 2.3% 1.2% -3.2% -2.5% -4.2% -1.1% 0.1% 2.8% 5.9% 5.7% 6.2% 6.24%
Assets 5Y -0.2% 3.8% -2.3% 0.2% 3.3% 1.5% 2.7% 5.1% 5.6% 9.7% 9.3% 9.7% 8.6% 6.7% 3.7% 2.7% 4.0% 5.4% 3.9% 1.9% 1.93%
Equity 3Y 11.9% 16.2% 15.4% 14.9% 12.8% 13.0% 12.4% 11.5% 10.4% 9.4% 7.4% 5.7% 6.0% 4.9% 6.1% 7.3% 8.6% 9.2% 9.0% 10.0% 9.95%
Book Value 3Y 3.5% 6.5% 6.4% 7.9% 6.5% 6.3% 4.5% 5.5% 5.0% 6.1% 5.2% 4.3% 4.5% 3.9% 4.7% 5.6% -33.0% -32.4% -32.2% -31.7% -31.69%
Dividend 3Y 15.2% 39.5% 34.8% 34.6% 32.2% -3.4% -24.9% -22.3% -21.9% -10.5% -5.4% -6.0% -6.1% -5.3% 14.6% 14.3% -28.3% -28.4% -31.5% -32.6% -32.58%
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 0.61 0.63 0.69 0.73 0.69 0.49 0.52 0.50 0.43 0.31 0.31 0.29 0.26 0.16 0.19 0.31 0.48 0.74 0.52 0.28 0.279
Earnings Stability 0.56 0.69 0.78 0.80 0.83 0.48 0.54 0.50 0.29 0.06 0.09 0.12 0.12 0.04 0.11 0.15 0.26 0.22 0.19 0.24 0.235
Margin Stability 0.99 0.99 0.99 0.99 0.99 0.99 0.99 0.99 0.99 0.99 0.99 1.00 1.00 1.00 1.00 1.00 1.00 0.99 0.99 0.99 0.987
Rev. Growth Consistency 1.00 1.00 1.00 1.00 0.00 0.00 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 1.00 1.000
Earn. Growth Consistency 0.50 0.50 1.00 1.00 0.00 0.00 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 1.00 1.000
FCF Positive Streak 1 1 1 1 1 0 1 1 0 0 1 1 0 1 1 1 0 1 1 1 1
Earnings Persistence 0.50 0.50 0.50 0.90 0.96 0.50 0.50 0.50 0.50 0.91 0.99 0.50 0.50 0.50 0.50 0.50 0.82 0.50 0.85 0.82 0.817
Earnings Smoothness 0.00 0.00 0.13 0.77 0.89 0.14 0.09 0.10 0.11 0.74 0.97 0.53 0.21 0.28 0.34 0.55 0.64 0.57 0.68 0.63 0.628
ROE Trend 0.12 0.16 0.15 0.08 0.06 -0.05 -0.09 -0.12 -0.13 -0.10 -0.09 -0.03 0.01 0.06 0.07 0.07 0.08 0.09 0.08 0.08 0.079
Gross Margin Trend 0.01 0.01 0.01 0.01 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 -0.01 -0.02 -0.03 -0.030
FCF Margin Trend -0.12 -0.01 -0.00 -0.19 -0.35 -0.68 -0.19 -0.16 -0.15 0.12 0.06 0.29 0.36 0.19 0.07 -0.17 -0.20 0.16 0.09 0.10 0.097
Sustainable Growth Rate 17.5% 18.9% 12.5% 7.1% 3.7% 0.3% 2.2% 0.0% -1.1% 0.1% 3.1% 5.8% 8.4% 9.3% 8.2% 8.5% 10.2% 12.9% 10.7% 12.8% 12.75%
Internal Growth Rate 8.2% 8.5% 7.0% 3.5% 1.8% 0.1% 1.2% 0.0% — 0.0% 1.9% 3.3% 4.9% 5.1% 5.5% 5.5% 6.2% 7.4% 7.5% 8.4% 8.39%
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 2.25 2.54 1.83 1.13 0.55 -2.03 0.58 0.62 0.19 3.22 2.74 3.90 3.49 1.73 1.49 0.33 0.09 2.50 2.12 2.03 2.030
FCF/OCF 0.95 0.97 0.97 0.92 0.71 1.14 0.52 0.59 -0.07 0.96 0.97 0.98 0.98 0.95 0.92 0.47 -0.92 0.95 0.96 0.97 0.969
FCF/Net Income snapshot only 1.967
OCF/EBITDA snapshot only 1.210
CapEx/Revenue 1.3% 1.0% 0.8% 1.1% 1.8% 2.2% 2.1% 1.6% 1.2% 0.8% 0.7% 0.7% 0.6% 1.0% 1.7% 2.3% 2.4% 1.9% 1.3% 0.9% 0.92%
CapEx/Depreciation snapshot only 0.673
Accruals Ratio -0.13 -0.19 -0.12 -0.01 0.04 0.14 0.02 0.02 0.03 -0.09 -0.10 -0.20 -0.20 -0.06 -0.05 0.07 0.10 -0.17 -0.16 -0.15 -0.148
Sloan Accruals snapshot only 0.063
Cash Flow Adequacy snapshot only 3.884
Earnings Quality Score snapshot only 0.750
Dividends & Buybacks
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Dividend Yield 2.6% 3.6% 6.9% 8.3% 9.1% 5.2% 3.4% 3.9% 3.4% 2.9% 2.0% 1.8% 1.4% 1.4% 2.5% 2.3% 0.5% 0.5% 2.7% 2.7% 3.03%
Dividend/Share $3.19 $5.72 $8.45 $8.76 $8.92 $6.35 $4.48 $4.79 $4.79 $4.86 $3.96 $4.01 $4.02 $4.13 $6.03 $6.24 $1.57 $1.60 $2.03 $1.98 $2.00
Payout Ratio 26.2% 35.7% 55.0% 68.2% 80.2% 97.2% 77.3% 99.6% 1.2% 98.8% 67.7% 53.1% 43.5% 40.7% 53.2% 52.4% 47.3% 40.6% 51.3% 46.0% 46.00%
FCF Payout Ratio 12.3% 14.5% 31.1% 65.7% 2.1% — 2.6% 2.7% — 31.8% 25.6% 13.9% 12.7% 24.8% 39.0% 3.4% — 17.1% 25.3% 23.4% 23.39%
Total Payout Ratio 59.3% 60.8% 1.2% 1.6% 1.8% 2.7% 2.1% 2.1% 2.1% 1.8% 1.3% 1.0% 81.9% 77.4% 99.9% 1.0% 94.6% 85.0% 91.9% 86.5% 86.47%
Div. Increase Streak 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0
Chowder Number 0.96 2.56 2.20 2.02 1.84 0.13 -0.44 -0.41 -0.41 -0.19 -0.08 -0.12 -0.12 -0.11 0.59 0.59 0.57 0.55 0.36 0.31 0.305
Buyback Yield 3.3% 2.5% 7.8% 11.1% 11.4% 9.0% 5.9% 4.1% 2.9% 2.4% 1.8% 1.6% 1.3% 1.3% 2.1% 2.2% 0.5% 0.5% 2.1% 2.4% 2.41%
Net Buyback Yield 3.3% 2.5% 7.8% 11.1% 11.4% 9.0% 5.9% 4.1% 2.9% 2.4% 1.8% 1.6% 1.3% 1.3% 2.1% 2.2% 0.4% 0.5% 2.0% 2.3% 2.35%
Total Shareholder Return 5.9% 6.1% 14.8% 19.4% 20.5% 14.2% 9.3% 8.0% 6.3% 5.3% 3.9% 3.4% 2.7% 2.7% 4.6% 4.5% 0.9% 1.0% 4.7% 5.1% 5.09%
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) 0.60 0.63 0.67 0.68 0.71 0.82 0.80 0.81 0.90 0.70 0.69 0.82 0.74 0.83 1.04 0.98 0.88 0.75 0.65 0.63 0.634
Interest Burden (EBT/EBIT) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.995
EBIT Margin 0.20 0.22 0.21 0.18 0.16 0.10 0.09 0.08 0.06 0.09 0.11 0.12 0.15 0.15 0.13 0.14 0.16 0.20 0.22 0.23 0.232
Asset Turnover 0.87 0.87 1.05 0.86 0.77 0.58 0.72 0.66 0.62 0.61 0.75 0.73 0.74 0.68 0.82 0.80 0.79 0.77 1.01 0.98 0.980
Equity Multiplier 2.29 2.41 1.91 2.08 2.14 2.24 1.79 1.92 1.97 2.02 1.70 1.79 1.82 1.90 1.57 1.65 1.74 1.87 1.55 1.65 1.647
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) $12.15 $16.05 $15.36 $12.84 $11.12 $6.54 $5.80 $4.81 $4.15 $4.92 $5.85 $7.55 $9.23 $10.14 $11.33 $11.90 $3.32 $3.95 $3.95 $4.31 $4.31
Book Value/Share $57.50 $61.20 $58.82 $58.90 $59.79 $62.28 $60.34 $60.45 $59.94 $62.50 $62.88 $63.87 $65.69 $68.71 $67.56 $69.38 $18.01 $19.24 $18.84 $19.27 $23.15
Tangible Book/Share $36.69 $41.19 $37.26 $36.54 $37.40 $36.47 $35.17 $35.42 $35.44 $38.44 $39.13 $40.44 $42.01 $45.23 $44.33 $45.97 $12.08 $13.36 $12.97 $13.43 $13.43
Revenue/Share $102.29 $114.21 $110.49 $103.59 $98.03 $81.72 $77.37 $74.66 $71.56 $75.86 $77.76 $80.01 $83.30 $83.22 $83.62 $87.98 $23.47 $26.26 $28.05 $29.49 $31.03
FCF/Share $26.00 $39.55 $27.20 $13.33 $4.34 $-15.10 $1.73 $1.74 $-0.05 $15.29 $15.48 $28.90 $31.71 $16.66 $15.47 $1.84 $-0.27 $9.40 $8.02 $8.49 $8.93
OCF/Share $27.37 $40.74 $28.13 $14.51 $6.08 $-13.29 $3.34 $2.97 $0.78 $15.87 $16.02 $29.46 $32.21 $17.53 $16.88 $3.89 $0.29 $9.88 $8.38 $8.76 $9.21
Cash/Share $33.50 $55.94 $14.28 $14.05 $16.40 $21.60 $2.68 $3.93 $3.01 $22.06 $4.00 $18.20 $19.71 $27.02 $7.02 $6.96 $1.60 $11.36 $4.84 $4.27 $4.49
EBITDA/Share $22.83 $27.90 $25.06 $20.85 $17.51 $9.77 $9.22 $8.07 $6.79 $9.21 $10.50 $11.05 $14.14 $13.74 $12.37 $13.68 $4.13 $5.65 $6.49 $7.24 $7.24
Debt/Share $15.61 $12.37 $13.49 $14.31 $14.08 $13.87 $13.47 $13.23 $12.76 $9.45 $5.23 $9.29 $10.10 $5.53 $6.44 $6.56 $1.61 $1.63 $1.58 $2.46 $2.46
Net Debt/Share $-17.89 $-43.58 $-0.80 $0.26 $-2.32 $-7.73 $10.79 $9.29 $9.76 $-12.61 $1.23 $-8.91 $-9.61 $-21.49 $-0.58 $-0.40 $0.01 $-9.73 $-3.26 $-1.81 $-1.81
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 — — — — — — — — — — — — — — — — — — — — 6.400
Altman Z-Prime snapshot only 11.161
Piotroski F-Score 8 7 8 7 4 3 3 4 4 5 7 7 7 8 6 7 6 5 7 5 5
Beneish M-Score -2.68 -2.97 -3.37 -2.83 -2.15 -1.22 -2.45 -2.20 -1.87 -2.97 -2.57 -3.74 -3.79 -2.75 -3.04 -1.62 -0.32 -3.33 -2.85 -3.71 -3.707
Ohlson O-Score snapshot only -10.356
ROIC (Greenblatt) snapshot only 63.43%
Net-Net WC snapshot only $4.59
EVA snapshot only $241389806.18
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 88.22 88.55 97.68 89.70 91.15 74.12 85.65 82.55 75.58 85.11 96.29 96.82 97.04 97.20 97.59 97.34 91.09 97.82 97.56 97.71 97.712
Credit Grade snapshot only 1
Credit Trend snapshot only 0.369
Implied Spread (bps) snapshot only 50.000
Industry Credit Rank snapshot only 98
Sector Credit Rank snapshot only 96

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