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PRDO NASDAQ

Perdoceo Education Corporation
1W: -3.6% 1M: -6.5% 3M: +3.3% YTD: +16.6% 1Y: +9.4% 3Y: +199.2% 5Y: +192.2%
$33.98
+0.20 (+0.59%)
 
Weekly Expected Move ±5.8%
$30 $32 $34 $36 $38
NASDAQ · Consumer Defensive · Education & Training Services · Alpha Radar Sell · Power 40 · $2.1B mcap · 61M float · 1.09% daily turnover · Short 43% 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.

NARROW EDGE
57.6 / 100
NoneWeakNarrowWide
Primary source: Efficient Scale  ·  ROIC: 35.6%  ·  5Y Avg: 77.7%
Cost Advantage
52
Intangibles
58
Switching Cost
48
Network Effect
55
Scale ★
83
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. PRDO has a Narrow competitive edge (57.6/100) — meaningful but not impregnable advantages over competitors. The primary source of advantage is Efficient Scale. ROIC of 35.6% 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
$44
Low
$44
Avg Target
$44
High
Based on 1 analyst since May 7, 2026 earnings
Analyst Recommendations
Strong Buy: 0Buy: 3Hold: 5Sell: 1Strong Sell: 0
Rating Summary
ConsensusHold
Avg Target$44.00
Analysts1
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-05-08 Barrington Alexander Paris $30 $44 +14 +27.8% $34.44
2024-08-01 Barrington Alexander Paris Initiated $30 +17.0% $25.65

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
4
ROE
4
ROA
5
D/E
3
P/E
3
P/B
2
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. PRDO receives an overall rating of A-. Strongest factors: DCF (4/5), ROE (4/5), ROA (5/5). Areas of concern: P/B (2/5).
Rating Change History
DateFromTo
2026-05-14 A A-
2026-04-07 A- A
2026-04-01 A A-
2026-02-26 A+ A
2026-02-20 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.

83 Grade A+
Profitability
84
Balance Sheet
92
Earnings Quality
87
Growth
62
Value
78
Momentum
88
Safety
100
Cash Flow
92
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. PRDO scores highest in Safety (100/100) and lowest in Growth (62/100). An overall grade of A+ places PRDO among the highest-quality companies in its peer group.

Risk & Quality Signals

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

Altman Z-Score
7.30
Safe Zone
Piotroski F-Score
8/9
Beneish M-Score
-2.55
Unlikely Manipulator
Ohlson O-Score
-10.79
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
AAA
Score: 96.0/100
Trend: Stable
Earnings Quality
100/100
OCF/NI: 1.35x
Accruals: -4.7%
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. PRDO scores 7.30, 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. PRDO scores 8/9, signaling strong financial health across all three dimensions. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. PRDO's score of -2.55 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. PRDO'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. PRDO receives an estimated rating of AAA (score: 96.0/100), 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). PRDO's score of 100/100 is high — cash flows strongly support reported earnings.

Valuation

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

P/E
12.48x
PEG
0.83x
P/S
2.49x
P/B
2.12x
P/FCF
10.68x
P/OCF
10.28x
EV/EBITDA
6.85x
EV/Revenue
2.13x
EV/EBIT
8.04x
EV/FCF
8.25x
Earnings Yield
7.21%
FCF Yield
9.36%
Shareholder Yield
6.00%
Graham Number
$30.42
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 12.5x earnings, PRDO trades at a reasonable valuation. An earnings yield of 7.2% exceeds typical risk-free rates, suggesting equities are being compensated for risk. Graham's intrinsic value formula yields $30.42 per share, 12% 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
0.745
NI / EBT
×
Interest Burden
1.008
EBT / EBIT
×
EBIT Margin
0.265
EBIT / Rev
×
Asset Turnover
0.681
Rev / Assets
×
Equity Multiplier
1.299
Assets / Equity
=
ROE
17.6%
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. PRDO's ROE of 17.6% is driven by Asset Turnover (0.681), 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
23.21%
Fair P/E
54.92x
Intrinsic Value
$147.35
Price/Value
0.25x
Margin of Safety
74.75%
Premium
-74.75%
Assessment
Undervalued
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with PRDO's realized 23.2% 3-year EPS CAGR — what the company actually delivered, not what analysts hope for. At an intrinsic value of $147.35, PRDO appears undervalued with a 75% margin of safety. The adjusted fair P/E of 54.9x compares to the current market P/E of 12.5x.

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
$33.98
Median 1Y
$35.27
5th Pctile
$18.17
95th Pctile
$68.52
Ann. Volatility
38.4%
Analyst Target
$44.00
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
Todd S. Nelson
President & Chief Executive Officer
$835,192 $2,287,577 $5,473,723
Ashish R. Ghia
Senior Vice President, Chief Financial Officer & Treasurer
$502,961 $818,452 $2,309,516
John R. Kline
Senior Vice President—American InterContinental University System
$397,356 $449,039 $1,562,627
Greg E. Jansen
Senior Vice President, General Counsel & Corporate Secretary
$404,944 $462,003 $1,498,628
Elise L. Baskel
Senior Vice President – Colorado Technical University
$397,915 $449,687 $1,461,370

CEO Pay Ratio

80:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $5,473,723
Avg Employee Cost (SGA/emp): $68,487
Employees: 6,000

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

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

Employees
6,000
+5.5% YoY
Revenue / Employee
$141,016
Rev: $846,096,000
Profit / Employee
$26,652
NI: $159,914,000
SGA / Employee
$68,487
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 25.2% 22.7% 18.2% 18.4% 18.3% 17.3% 13.9% 14.3% 18.5% 21.3% 18.8% 19.5% 17.4% 17.0% 16.4% 16.9% 17.2% 17.3% 16.6% 17.6% 17.62%
ROA 18.8% 17.0% 14.0% 14.1% 14.0% 13.3% 10.6% 10.9% 14.1% 16.2% 15.0% 15.5% 13.9% 13.6% 13.2% 13.5% 13.8% 13.9% 12.7% 13.6% 13.56%
ROIC 60.6% 55.2% 54.6% 55.3% 54.6% 50.9% 36.9% 36.8% 41.0% 47.2% 43.6% 44.6% 44.1% 42.6% 24.5% 25.5% 26.3% 27.0% 33.3% 35.6% 35.60%
ROCE 23.8% 24.6% 21.2% 21.6% 21.4% 20.5% 17.0% 17.4% 22.4% 24.5% 21.4% 22.0% 18.9% 19.4% 17.7% 17.9% 18.9% 19.2% 19.2% 20.0% 19.98%
Gross Margin 83.7% 85.1% 84.2% 84.6% 83.7% 82.1% 82.3% 82.7% 82.4% 81.4% 79.6% 82.3% 83.5% 83.3% 80.0% 77.2% 76.0% 79.7% 54.0% 74.6% 74.56%
Operating Margin 20.5% 21.8% 21.6% 23.9% 20.2% 17.4% 12.9% 22.2% 25.8% 23.9% 10.8% 27.5% 27.6% 26.4% 21.1% 24.3% 24.5% 24.1% 19.8% 28.5% 28.47%
Net Margin 15.2% 16.0% 15.3% 17.5% 15.4% 13.1% 9.1% 17.6% 29.3% 23.0% 11.6% 23.4% 23.0% 22.5% 17.8% 20.5% 19.6% 18.8% 16.7% 24.3% 24.33%
EBITDA Margin 22.9% 24.0% 24.8% 26.7% 23.7% 21.6% 16.7% 26.7% 42.4% 29.0% 16.9% 33.4% 29.9% 32.7% 27.7% 31.3% 32.4% 31.2% 28.0% 32.7% 32.68%
FCF Margin 21.2% 25.2% 26.1% 22.3% 21.8% 20.8% 19.5% 17.1% 20.7% 17.8% 14.9% 22.9% 20.2% 23.4% 23.0% 23.0% 26.7% 24.0% 25.6% 25.8% 25.84%
OCF Margin 22.5% 26.5% 27.6% 24.3% 23.8% 22.8% 21.3% 18.5% 22.0% 18.9% 15.8% 23.7% 20.9% 24.1% 23.7% 23.7% 27.6% 25.0% 26.6% 26.8% 26.85%
ROE 3Y Avg snapshot only 17.15%
ROE 5Y Avg snapshot only 16.41%
ROA 3Y Avg snapshot only 13.60%
ROIC 3Y Avg snapshot only 35.38%
ROIC Economic snapshot only 14.57%
Cash ROA snapshot only 18.04%
Cash ROIC snapshot only 52.88%
CROIC snapshot only 50.90%
NOPAT Margin snapshot only 18.07%
Pretax Margin snapshot only 26.73%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 47.58%
SBC / Revenue snapshot only 1.04%
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 6.70 6.37 7.15 6.82 7.01 6.41 9.40 8.87 6.26 7.47 7.67 7.43 10.23 10.96 11.87 10.94 14.01 15.85 11.92 13.87 12.479
P/S Ratio 1.19 1.01 1.13 1.09 1.13 0.99 1.30 1.23 1.10 1.48 1.59 1.66 2.10 2.24 2.57 2.29 2.81 3.05 2.25 2.76 2.492
P/B Ratio 1.50 1.29 1.21 1.16 1.19 1.03 1.24 1.20 1.10 1.51 1.35 1.35 1.66 1.74 1.83 1.73 2.26 2.58 1.96 2.43 2.124
P/FCF 5.63 4.02 4.34 4.90 5.18 4.74 6.65 7.21 5.30 8.35 10.72 7.25 10.41 9.58 11.16 9.94 10.54 12.70 8.80 10.68 10.684
P/OCF 5.29 3.83 4.10 4.49 4.73 4.33 6.08 6.67 4.99 7.85 10.11 7.00 10.05 9.30 10.84 9.64 10.18 12.20 8.46 10.28 10.284
EV/EBITDA 2.94 2.15 2.00 1.80 1.90 1.33 2.76 2.51 1.63 2.91 2.67 2.63 4.47 4.75 6.25 5.54 7.23 8.16 5.26 6.85 6.854
EV/Revenue 0.69 0.51 0.48 0.44 0.47 0.32 0.61 0.56 0.44 0.84 0.78 0.82 1.23 1.36 1.93 1.68 2.25 2.51 1.62 2.13 2.131
EV/EBIT 3.26 2.38 2.23 2.01 2.13 1.52 3.17 2.88 1.81 3.18 2.90 2.82 4.82 5.09 6.71 6.20 8.28 9.60 6.26 8.04 8.038
EV/FCF 3.24 2.03 1.85 1.99 2.17 1.56 3.14 3.28 2.14 4.73 5.26 3.57 6.11 5.80 8.37 7.32 8.41 10.45 6.31 8.25 8.247
Earnings Yield 14.9% 15.7% 14.0% 14.7% 14.3% 15.6% 10.6% 11.3% 16.0% 13.4% 13.0% 13.5% 9.8% 9.1% 8.4% 9.1% 7.1% 6.3% 8.4% 7.2% 7.21%
FCF Yield 17.8% 24.9% 23.1% 20.4% 19.3% 21.1% 15.0% 13.9% 18.9% 12.0% 9.3% 13.8% 9.6% 10.4% 9.0% 10.1% 9.5% 7.9% 11.4% 9.4% 9.36%
PEG Ratio snapshot only 0.827
Price/Tangible Book snapshot only 3.754
EV/OCF snapshot only 7.938
EV/Gross Profit snapshot only 2.997
Acquirers Multiple snapshot only 8.784
Shareholder Yield snapshot only 6.00%
Graham Number snapshot only $30.42
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 4.50 4.50 3.95 3.95 3.95 3.95 3.52 3.52 3.52 3.52 5.90 5.90 5.90 5.90 4.84 4.84 4.84 4.84 5.06 5.06 5.057
Quick Ratio 4.49 4.49 3.95 3.95 3.95 3.95 3.51 3.51 3.51 3.51 5.85 5.85 5.85 5.85 4.82 4.82 4.82 4.82 5.03 5.03 5.027
Debt/Equity 0.10 0.10 0.07 0.07 0.07 0.07 0.05 0.05 0.05 0.05 0.03 0.03 0.03 0.03 0.14 0.14 0.14 0.14 0.11 0.11 0.108
Net Debt/Equity -0.64 -0.64 -0.69 -0.69 -0.69 -0.69 -0.65 -0.65 -0.65 -0.65 -0.68 -0.68 -0.68 -0.68 -0.46 -0.46 -0.46 -0.46 -0.55 -0.55 -0.554
Debt/Assets 0.07 0.07 0.05 0.05 0.05 0.05 0.04 0.04 0.04 0.04 0.03 0.03 0.03 0.03 0.11 0.11 0.11 0.11 0.08 0.08 0.083
Debt/EBITDA 0.33 0.32 0.27 0.26 0.26 0.27 0.22 0.21 0.17 0.16 0.13 0.13 0.15 0.14 0.63 0.60 0.55 0.53 0.40 0.40 0.395
Net Debt/EBITDA -2.17 -2.10 -2.69 -2.64 -2.64 -2.73 -3.08 -3.01 -2.41 -2.23 -2.76 -2.71 -3.15 -3.09 -2.08 -1.98 -1.83 -1.75 -2.07 -2.03 -2.025
Interest Coverage 311.59 151.87 156.08 160.02 195.59 486.16 336.67 351.73 456.98 498.88 474.07 306.77 257.13 269.71 319.37 100.72 60.25 42.66 33.77 35.92 35.924
Equity Multiplier 1.30 1.30 1.30 1.30 1.30 1.30 1.32 1.32 1.32 1.32 1.20 1.20 1.20 1.20 1.29 1.29 1.29 1.29 1.31 1.31 1.308
Cash Ratio snapshot only 4.670
Debt Service Coverage snapshot only 42.132
Cash to Debt snapshot only 6.123
FCF to Debt snapshot only 2.102
Defensive Interval snapshot only 616.0 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 1.06 1.07 0.88 0.88 0.87 0.87 0.77 0.78 0.81 0.82 0.72 0.69 0.67 0.66 0.61 0.65 0.69 0.72 0.67 0.68 0.681
Inventory Turnover 194.01 191.27 144.99 143.81 142.13 147.71 83.14 87.24 91.14 93.53 37.73 36.58 35.06 33.55 28.80 33.26 38.67 42.19 64.32 66.43 66.435
Receivables Turnover 14.03 14.13 15.80 15.79 15.61 15.48 16.25 16.54 16.98 17.25 19.74 18.98 18.43 18.14 26.10 27.81 29.45 31.07 33.84 34.19 34.191
Payables Turnover 9.17 9.04 9.03 8.95 8.85 9.19 9.58 10.06 10.51 10.78 10.73 10.40 9.97 9.54 10.25 11.84 13.77 15.02 17.67 18.25 18.248
DSO 26 26 23 23 23 24 22 22 21 21 18 19 20 20 14 13 12 12 11 11 10.7 days
DIO 2 2 3 3 3 2 4 4 4 4 10 10 10 11 13 11 9 9 6 5 5.5 days
DPO 40 40 40 41 41 40 38 36 35 34 34 35 37 38 36 31 27 24 21 20 20.0 days
Cash Conversion Cycle -12 -13 -15 -15 -15 -14 -11 -10 -9 -9 -6 -6 -6 -7 -9 -7 -5 -4 -4 -4 -3.8 days
Fixed Asset Turnover snapshot only 6.246
Operating Cycle snapshot only 16.2 days
Cash Velocity snapshot only 1.328
Capital Intensity snapshot only 1.488
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 5.9% 4.4% 0.8% -1.1% -2.1% -3.6% 0.3% 2.2% 6.2% 8.7% 2.1% -3.6% -8.8% -11.6% -4.0% 6.3% 16.0% 24.2% 24.2% 17.7% 17.75%
Net Income 20.7% -10.0% -11.8% -11.9% -11.5% -7.0% -12.6% -11.4% 15.5% 40.3% 54.0% 55.3% 7.2% -9.0% -0.0% -0.5% 13.3% 17.0% 8.4% 12.1% 12.08%
EPS 19.4% -10.6% -11.0% -9.4% -8.3% -3.0% -10.1% -10.1% 16.6% 43.3% 56.9% 59.2% 9.6% -9.2% -0.4% -0.6% 13.6% 19.4% 12.5% 18.2% 18.16%
FCF 25.6% 53.3% 6.2% -9.2% 0.7% -20.6% -25.0% -21.8% 0.8% -7.2% -22.1% 29.4% -10.8% 16.4% 48.6% 6.9% 53.3% 27.6% 38.0% 32.2% 32.24%
EBITDA 6.0% 7.1% 3.1% 3.0% 4.3% -2.0% -7.4% -7.4% 16.0% 29.3% 35.0% 34.5% -7.1% -12.4% 1.0% 4.0% 30.5% 33.7% 23.6% 20.4% 20.36%
Op. Income 10.6% 8.6% 4.3% 4.0% 3.6% -6.0% -13.0% -15.0% -4.4% 11.0% 16.1% 18.6% 5.5% -2.6% 15.8% 17.2% 22.3% 25.0% 12.5% 15.4% 15.41%
OCF Growth snapshot only 33.25%
Asset Growth snapshot only 2.84%
Equity Growth snapshot only 1.34%
Debt Growth snapshot only -20.11%
Shares Change snapshot only -5.15%
Dividend Growth snapshot only 12.54%
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 6.6% 6.8% 6.0% 5.4% 4.2% 3.4% 3.5% 3.4% 3.2% 3.0% 1.1% -0.8% -1.8% -2.5% -0.6% 1.6% 3.9% 6.1% 6.8% 6.5% 6.49%
Revenue 5Y -1.2% -1.2% -0.3% 0.7% 1.6% 2.2% 3.1% 4.0% 4.7% 5.0% 4.1% 2.9% 1.8% 1.2% 1.7% 2.5% 3.1% 3.7% 4.2% 4.1% 4.08%
EPS 3Y 26.5% 22.2% 28.0% 24.8% 13.0% 11.5% 8.5% 7.5% 7.9% 9.0% 5.4% 8.0% 12.0% 12.5% 13.2% 15.8% 20.7% 23.2% 23.21%
EPS 5Y 1.3% -7.3% 23.3% 21.2% 21.8% 20.4% 17.6% 17.0% 9.7% 6.1% 7.0% 8.8% 8.78%
Net Income 3Y 25.7% 21.1% 27.5% 22.7% 11.1% 9.8% 7.3% 5.5% 5.9% 6.6% 3.1% 5.9% 10.4% 11.0% 11.9% 14.3% 18.6% 20.1% 20.09%
Net Income 5Y 2.1% -6.5% 21.8% 19.6% 20.7% 18.7% 16.1% 15.4% 8.4% 4.6% 5.2% 6.2% 6.21%
EBITDA 3Y 24.9% 24.1% 22.2% 20.6% 27.6% 20.7% 13.4% 11.1% 8.6% 10.7% 8.8% 8.7% 4.0% 3.6% 8.1% 9.0% 12.0% 14.8% 19.0% 19.0% 18.96%
EBITDA 5Y 63.8% 23.7% 18.9% 15.2% 18.7% 19.4% 17.9% 16.9% 17.5% 14.8% 14.7% 13.9% 9.2% 9.7% 10.0% 9.9% 9.94%
Gross Profit 3Y 8.8% 8.4% 7.4% 6.7% 4.9% 3.5% 3.2% 2.8% 2.6% 2.3% 0.2% -1.7% -2.6% -3.2% -1.4% 0.1% 1.6% 3.7% 1.6% 1.3% 1.26%
Gross Profit 5Y 3.1% 3.0% 4.5% 5.2% 5.6% 5.7% 5.0% 5.3% 5.7% 5.4% 4.2% 2.9% 1.6% 0.9% 1.3% 1.7% 1.8% 2.3% 1.1% 0.7% 0.73%
Op. Income 3Y 45.4% 34.6% 27.9% 23.5% 29.2% 23.8% 14.5% 11.3% 3.1% 4.2% 1.7% 1.6% 1.5% 0.5% 5.4% 5.7% 7.2% 10.6% 14.8% 17.1% 17.06%
Op. Income 5Y 72.3% 50.3% 30.6% 23.6% 25.0% 20.5% 16.1% 13.7% 16.8% 15.4% 15.0% 13.9% 7.2% 6.6% 6.5% 7.2% 7.24%
FCF 3Y 93.9% 1.1% 53.2% 42.8% 18.2% 6.2% 25.9% 6.8% 8.4% 4.1% -14.7% -2.8% -3.2% -5.0% -4.6% 2.7% 11.3% 11.3% 16.9% 22.3% 22.29%
FCF 5Y 1.3% 86.4% 1.5% 41.4% 49.2% 47.5% 16.0% 24.1% 8.2% 5.3% 18.2% 11.0% 11.8% 10.9% 4.9% 5.4% 5.37%
OCF 3Y 79.5% 93.8% 49.7% 42.0% 19.5% 7.6% 26.6% 7.6% 8.5% 3.6% -14.6% -3.4% -4.1% -5.5% -5.4% 0.7% 9.2% 9.5% 15.0% 20.7% 20.67%
OCF 5Y 70.4% 65.5% 1.0% 35.7% 42.5% 40.3% 14.5% 22.4% 7.7% 4.8% 17.2% 10.4% 11.2% 10.1% 4.6% 5.0% 4.99%
Assets 3Y 17.3% 17.3% 20.7% 20.7% 20.7% 20.7% 16.9% 16.9% 16.9% 16.9% 11.8% 11.8% 11.8% 11.8% 13.4% 13.4% 13.4% 13.4% 9.9% 9.9% 9.94%
Assets 5Y 3.4% 3.4% 8.7% 8.7% 8.7% 8.7% 16.4% 16.4% 16.4% 16.4% 15.9% 15.9% 15.9% 15.9% 15.6% 15.6% 15.6% 15.6% 12.0% 12.0% 12.01%
Equity 3Y 23.3% 23.3% 22.3% 22.3% 22.3% 22.3% 18.9% 18.9% 18.9% 18.9% 14.8% 14.8% 14.8% 14.8% 13.9% 13.9% 13.9% 13.9% 10.2% 10.2% 10.24%
Book Value 3Y 23.3% 23.5% 23.0% 23.4% 22.9% 24.4% 21.0% 20.8% 20.3% 21.2% 16.9% 17.4% 17.4% 17.1% 15.5% 15.4% 15.2% 15.3% 12.2% 13.1% 13.11%
Dividend 3Y 64.6% 31.9% 17.5% 7.4% 7.1% 7.0% 6.7% 6.72%
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 0.03 0.02 0.01 0.19 0.58 0.73 0.88 0.89 0.90 0.84 0.79 0.56 0.37 0.23 0.53 0.73 0.43 0.33 0.41 0.46 0.463
Earnings Stability 0.17 0.04 0.86 0.87 0.87 0.80 0.66 0.65 0.76 0.74 0.67 0.67 0.72 0.56 0.61 0.62 0.81 0.50 0.54 0.59 0.590
Margin Stability 0.91 0.92 0.91 0.91 0.92 0.93 0.96 0.97 0.97 0.98 0.98 0.98 0.99 0.99 0.99 0.98 0.97 0.97 0.94 0.94 0.936
Rev. Growth Consistency 1.00 1.00 1.00 0.00 0.00 0.00 1.00 0.50 0.50 0.50 1.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.000
Earn. Growth Consistency 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 0.00 0.00 0.00 1.00 0.50 0.50 0.50 0.500
FCF Positive Streak 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Earnings Persistence 0.92 0.96 0.95 0.95 0.95 0.97 0.95 0.95 0.94 0.84 0.50 0.50 0.97 0.96 1.00 1.00 0.95 0.93 0.97 0.95 0.952
Earnings Smoothness 0.81 0.89 0.87 0.87 0.88 0.93 0.87 0.88 0.86 0.66 0.57 0.57 0.93 0.91 1.00 0.99 0.88 0.84 0.92 0.89 0.886
ROE Trend 0.03 -0.02 -0.02 -0.03 -0.06 -0.08 -0.06 -0.06 -0.02 0.02 0.03 0.03 -0.01 -0.02 0.00 -0.00 -0.01 -0.02 -0.00 0.01 0.005
Gross Margin Trend 0.00 0.00 0.01 0.01 0.01 -0.00 -0.01 -0.01 -0.02 -0.02 -0.02 -0.02 -0.02 -0.01 -0.00 -0.01 -0.03 -0.04 -0.10 -0.10 -0.100
FCF Margin Trend 0.05 0.07 0.08 0.02 0.02 -0.00 -0.06 -0.06 -0.01 -0.05 -0.08 0.03 -0.01 0.04 0.06 0.03 0.06 0.03 0.07 0.03 0.029
Sustainable Growth Rate 25.2% 22.7% 18.2% 18.4% 18.3% 17.3% 13.9% 14.3% 18.5% 20.2% 17.0% 16.7% 13.7% 13.1% 12.9% 13.1% 13.3% 13.3% 12.7% 13.7% 13.69%
Internal Growth Rate 23.2% 20.5% 16.2% 16.5% 16.3% 15.3% 11.9% 12.2% 16.4% 18.2% 15.7% 15.4% 12.3% 11.7% 11.5% 11.8% 11.9% 12.0% 10.9% 11.8% 11.78%
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 1.26 1.66 1.74 1.52 1.48 1.48 1.55 1.33 1.26 0.95 0.76 1.06 1.02 1.18 1.09 1.13 1.38 1.30 1.41 1.35 1.349
FCF/OCF 0.94 0.95 0.95 0.92 0.91 0.91 0.91 0.92 0.94 0.94 0.94 0.96 0.97 0.97 0.97 0.97 0.97 0.96 0.96 0.96 0.963
FCF/Net Income snapshot only 1.298
OCF/EBITDA snapshot only 0.863
CapEx/Revenue 1.3% 1.2% 1.5% 2.0% 2.1% 2.0% 1.8% 1.4% 1.3% 1.1% 0.9% 0.8% 0.7% 0.7% 0.7% 0.7% 0.9% 1.0% 1.0% 1.0% 1.00%
CapEx/Depreciation snapshot only 0.219
Accruals Ratio -0.05 -0.11 -0.10 -0.07 -0.07 -0.06 -0.06 -0.04 -0.04 0.01 0.04 -0.01 -0.00 -0.02 -0.01 -0.02 -0.05 -0.04 -0.05 -0.05 -0.047
Sloan Accruals snapshot only 0.009
Cash Flow Adequacy snapshot only 4.934
Earnings Quality Score snapshot only 1.000
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% 0.7% 1.3% 1.9% 2.1% 2.1% 1.8% 2.0% 1.6% 1.5% 1.9% 1.6% 1.71%
Dividend/Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.11 $0.21 $0.32 $0.43 $0.45 $0.47 $0.50 $0.52 $0.54 $0.57 $0.60 $0.58
Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 4.9% 9.8% 14.2% 21.3% 22.8% 21.5% 22.2% 22.5% 23.0% 23.0% 22.3% 22.29%
FCF Payout Ratio 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 5.5% 13.7% 13.8% 21.7% 19.9% 20.2% 20.2% 16.9% 18.4% 17.0% 17.2% 17.17%
Total Payout Ratio 4.8% 4.8% 23.1% 26.2% 32.3% 41.2% 24.1% 20.5% 8.0% 6.8% 15.4% 23.5% 30.3% 32.0% 26.1% 38.8% 52.4% 65.8% 98.6% 83.2% 83.25%
Div. Increase Streak 0 0 0 0 1 1 1 1 1 1 1 1
Chowder Number 3.22 1.22 0.58 0.21 0.20 0.18 0.14 0.141
Buyback Yield 0.7% 0.8% 3.2% 3.8% 4.6% 6.4% 2.6% 2.3% 1.3% 0.2% 0.7% 1.3% 0.9% 0.8% 0.4% 1.5% 2.1% 2.7% 6.3% 4.4% 4.40%
Net Buyback Yield 0.1% 0.1% 3.1% 3.7% 4.5% 6.3% 2.4% 2.2% 1.2% 0.2% 0.5% 0.9% 0.6% 0.6% 0.3% 1.4% 2.0% 2.6% 6.3% 4.3% 4.35%
Total Shareholder Return 0.1% 0.1% 3.1% 3.7% 4.5% 6.3% 2.4% 2.2% 1.2% 0.8% 1.8% 2.8% 2.7% 2.7% 2.1% 3.4% 3.7% 4.1% 8.2% 6.0% 5.95%
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) 0.85 0.74 0.74 0.73 0.73 0.72 0.71 0.71 0.72 0.75 0.77 0.77 0.77 0.74 0.73 0.74 0.74 0.74 0.74 0.74 0.745
Interest Burden (EBT/EBIT) 1.00 0.99 0.99 0.99 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.04 1.04 1.03 1.04 1.00 1.00 0.99 1.01 1.008
EBIT Margin 0.21 0.22 0.22 0.22 0.22 0.21 0.19 0.19 0.24 0.26 0.27 0.29 0.26 0.27 0.29 0.27 0.27 0.26 0.26 0.27 0.265
Asset Turnover 1.06 1.07 0.88 0.88 0.87 0.87 0.77 0.78 0.81 0.82 0.72 0.69 0.67 0.66 0.61 0.65 0.69 0.72 0.67 0.68 0.681
Equity Multiplier 1.34 1.34 1.30 1.30 1.30 1.30 1.31 1.31 1.31 1.31 1.25 1.25 1.25 1.25 1.25 1.25 1.25 1.25 1.30 1.30 1.299
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) $1.74 $1.57 $1.56 $1.60 $1.59 $1.52 $1.40 $1.43 $1.86 $2.18 $2.20 $2.28 $2.03 $1.98 $2.19 $2.27 $2.31 $2.36 $2.46 $2.68 $2.68
Book Value/Share $7.76 $7.78 $9.24 $9.35 $9.40 $9.48 $10.61 $10.59 $10.59 $10.82 $12.52 $12.59 $12.54 $12.50 $14.22 $14.35 $14.35 $14.54 $14.97 $15.33 $16.00
Tangible Book/Share $5.89 $5.91 $6.47 $6.55 $6.58 $6.64 $6.27 $6.26 $6.26 $6.39 $8.40 $8.44 $8.41 $8.38 $8.99 $9.07 $9.07 $9.19 $9.68 $9.91 $9.91
Revenue/Share $9.76 $9.86 $9.85 $9.95 $9.89 $9.90 $10.16 $10.33 $10.60 $11.00 $10.57 $10.21 $9.88 $9.70 $10.10 $10.86 $11.50 $12.28 $13.02 $13.48 $13.68
FCF/Share $2.06 $2.49 $2.57 $2.22 $2.15 $2.06 $1.98 $1.76 $2.19 $1.95 $1.57 $2.34 $2.00 $2.27 $2.33 $2.50 $3.07 $2.95 $3.33 $3.48 $3.53
OCF/Share $2.20 $2.61 $2.72 $2.42 $2.36 $2.25 $2.17 $1.91 $2.33 $2.08 $1.67 $2.42 $2.07 $2.34 $2.40 $2.58 $3.18 $3.07 $3.47 $3.62 $3.67
Cash/Share $5.67 $5.69 $7.03 $7.10 $7.14 $7.21 $7.43 $7.43 $7.42 $7.58 $8.98 $9.02 $8.99 $8.96 $8.43 $8.51 $8.51 $8.62 $9.90 $10.14 $21.75
EBITDA/Share $2.27 $2.35 $2.37 $2.45 $2.46 $2.40 $2.26 $2.30 $2.88 $3.17 $3.10 $3.18 $2.73 $2.77 $3.12 $3.30 $3.57 $3.78 $4.00 $4.19 $4.19
Debt/Share $0.74 $0.74 $0.64 $0.65 $0.65 $0.66 $0.49 $0.49 $0.49 $0.50 $0.40 $0.40 $0.40 $0.40 $1.95 $1.97 $1.97 $1.99 $1.62 $1.66 $1.66
Net Debt/Share $-4.93 $-4.94 $-6.39 $-6.46 $-6.49 $-6.55 $-6.94 $-6.93 $-6.93 $-7.08 $-8.57 $-8.62 $-8.59 $-8.56 $-6.48 $-6.54 $-6.54 $-6.63 $-8.29 $-8.49 $-8.49
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 7.301
Altman Z-Prime snapshot only 14.187
Piotroski F-Score 7 6 6 6 5 5 5 5 6 6 6 7 8 6 5 4 7 7 8 8 8
Beneish M-Score -2.81 -3.08 -2.92 -2.77 -2.75 -2.72 -2.56 -2.45 -2.43 -2.23 -2.57 -2.79 -2.79 -2.91 -2.52 -2.48 -2.58 -2.58 -2.32 -2.55 -2.546
Ohlson O-Score snapshot only -10.792
ROIC (Greenblatt) snapshot only 32.57%
Net-Net WC snapshot only $6.26
EVA snapshot only $111088537.75
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 AAA
Credit Score 96.04 96.05 96.30 95.69 96.14 96.27 96.44 95.81 96.28 95.70 95.72 95.62 95.71 95.77 95.97 95.76 95.55 95.82 96.43 96.02 96.022
Credit Grade snapshot only 1
Credit Trend snapshot only 0.263
Implied Spread (bps) snapshot only 50.000
Industry Credit Rank snapshot only 93
Sector Credit Rank snapshot only 88

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