— Know what they know.
Not Investment Advice

PSTL NYSE

Postal Realty Trust, Inc.
1W: +4.1% 1M: +11.9% 3M: +23.5% YTD: +48.8% 1Y: +82.9% 3Y: +92.2% 5Y: +55.1%
$23.69
-0.01 (-0.04%)
 
Weekly Expected Move ±3.6%
$21 $22 $23 $23 $24
NYSE · Real Estate · REIT - Office · Alpha Radar Strong Buy · Power 73 · $831.7M mcap · 33M float · 0.851% daily turnover · Short 55% 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
63.8 / 100
NoneWeakNarrowWide
Primary source: Switching Costs  ·  ROIC: 5.4%  ·  5Y Avg: 1.9%
Cost Advantage
77
Intangibles
47
Switching Cost
90
Network Effect
54
Scale
40
The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. PSTL has a Narrow competitive edge (63.8/100) — meaningful but not impregnable advantages over competitors. The primary source of advantage is Switching Costs. ROIC of 5.4% 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
$26
Low
$26
Avg Target
$26
High
Based on 1 analyst since May 5, 2026 earnings
Analyst Recommendations
Strong Buy: 0Buy: 12Hold: 2Sell: 0Strong Sell: 0
Rating Summary
ConsensusBuy
Avg Target$24.00
Analysts4
Price Target Change History
DateFirmAnalystOldNewChangeUpside @ CallStock@Call
2026-05-12 Scotiabank $23 $26 +3 +11.3% $23.35
2026-05-04 Scotiabank Initiated $23 +3.7% $22.17
2026-04-17 BMO Capital Initiated $23 +15.7% $19.88
2026-02-25 Jefferies Jonathan Petersen $18 $24 +6 +20.4% $19.94
2026-01-20 Truist Financial $18 $20 +2 +14.2% $17.52
2025-12-17 Truist Financial Initiated $18 +12.4% $16.01
2025-08-05 Stifel Nicolaus Initiated $18 +21.3% $14.63
2022-06-30 Jefferies Initiated $18 +19.3% $15.09

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

B
May 22, 2026
DCF
4
ROE
3
ROA
4
D/E
2
P/E
1
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. PSTL receives an overall rating of B. Strongest factors: DCF (4/5), ROA (4/5). Areas of concern: D/E (2/5), P/E (1/5), P/B (2/5).
Rating Change History
DateFromTo
2026-05-08 B- B
2026-05-06 B+ B-
2026-04-30 B B+
2026-04-28 B+ B
2026-04-22 B B+
2026-04-21 B+ B
2026-04-06 B B+
2026-04-02 B+ B
2026-04-01 B B+
2026-03-19 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.

58 Grade B
Profitability
48
Balance Sheet
35
Earnings Quality
86
Growth
75
Value
58
Momentum
99
Safety
15
Cash Flow
75
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. PSTL scores highest in Momentum (99/100) and lowest in Safety (15/100). A grade of B indicates above-average fundamentals with room for improvement in select areas.

Risk & Quality Signals

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

Altman Z-Score
0.93
Distress Zone
Piotroski F-Score
7/9
Beneish M-Score
-1.94
Unlikely Manipulator
Ohlson O-Score
-6.89
Bankruptcy prob: 0.1%
Low Risk
Credit Rating
BB+
Score: 49.0/100
Trend: Improving
Earnings Quality
100/100
OCF/NI: 2.81x
Accruals: -4.1%
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. PSTL scores 0.93, placing it in the Distress Zone (safe > 2.99, distress < 1.81). Historically, companies in this range face elevated bankruptcy risk. 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. PSTL scores 7/9, 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. PSTL's score of -1.94 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. PSTL's implied 0.1% 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. PSTL receives an estimated rating of BB+ (score: 49.0/100), with a improving trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). PSTL'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
40.61x
PEG
0.47x
P/S
8.33x
P/B
2.21x
P/FCF
13.61x
P/OCF
11.36x
EV/EBITDA
14.71x
EV/Revenue
9.06x
EV/EBIT
24.59x
EV/FCF
24.43x
Earnings Yield
3.14%
FCF Yield
7.35%
Shareholder Yield
5.98%
Graham Number
$11.69
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 40.6x earnings, PSTL is priced for high growth expectations. Graham's intrinsic value formula yields $11.69 per share, 103% 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
0.782
NI / EBT
×
Interest Burden
0.549
EBT / EBIT
×
EBIT Margin
0.369
EBIT / Rev
×
Asset Turnover
0.143
Rev / Assets
×
Equity Multiplier
2.621
Assets / Equity
=
ROE
5.9%
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. PSTL's ROE of 5.9% is driven by a balanced combination of operating margin, asset efficiency, and leverage.

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
46.01%
Fair P/E
100.52x
Intrinsic Value
$58.49
Price/Value
0.32x
Margin of Safety
68.27%
Premium
-68.27%
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 PSTL's realized 46.0% 3-year EPS CAGR — what the company actually delivered, not what analysts hope for. At an intrinsic value of $58.49, PSTL appears undervalued with a 68% margin of safety. The adjusted fair P/E of 100.5x compares to the current market P/E of 40.6x.

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 1766 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$23.70
Median 1Y
$25.23
5th Pctile
$16.53
95th Pctile
$38.61
Ann. Volatility
27.4%
Analyst Target
$24.00
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
Robert Klein Financial
ief Financial Officer
$124,038 $520,028 $1,021,228
Jeremy Garber President,
Treasurer & Secretary
$345,962 $120,625 $575,611
Andrew Spodek
Chief Executive Officer
$— $172,462 $230,808
Stephen M. Bakke
Chief Financial Officer
$42,308 $— $167,504

CEO Pay Ratio

1:1
CEO-to-Employee Pay Ratio
CEO Total Comp: $230,808
Avg Employee Cost (SGA/emp): $171,920
Employees: 100

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

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

Employees
100
0.0% YoY
Revenue / Employee
$958,230
Rev: $95,823,000
Profit / Employee
$141,490
NI: $14,149,000
SGA / Employee
$171,920
Avg labor cost proxy

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Current
ROE 1.8% 2.6% 1.3% 1.6% 1.8% 2.1% 1.7% 1.6% 1.6% 1.7% 1.6% 1.5% 1.4% 1.4% 2.7% 3.4% 4.6% 5.7% 5.3% 5.9% 5.92%
ROA 0.6% 0.9% 0.6% 0.8% 0.9% 1.0% 0.9% 0.8% 0.8% 0.9% 0.7% 0.7% 0.6% 0.6% 1.1% 1.4% 1.9% 2.3% 2.0% 2.3% 2.26%
ROIC 1.9% 2.4% 1.8% 1.8% 2.1% 2.5% 2.3% 2.6% 2.9% 3.1% 2.9% 3.0% 3.0% 3.2% 3.8% 4.4% 5.3% 6.1% 5.0% 5.4% 5.41%
ROCE 2.6% 3.1% 1.7% 1.7% 1.9% 2.2% 2.0% 2.3% 2.6% 2.8% 2.6% 2.6% 2.7% 2.8% 3.3% 3.8% 4.6% 5.3% 4.4% 4.9% 4.88%
Gross Margin 79.1% 75.2% 74.8% 73.8% 76.9% 76.9% 76.1% 76.2% 77.7% 75.1% 74.6% 73.1% 75.1% 74.5% 77.6% 76.9% 79.6% 78.5% 1.1% 30.9% 30.88%
Operating Margin 16.2% 15.0% 15.4% 8.9% 17.8% 21.2% 23.2% 16.8% 23.4% 23.8% 23.5% 17.6% 22.8% 24.3% 43.2% 28.4% 37.3% 37.6% 39.2% 34.5% 34.54%
Net Margin 7.1% 5.0% 6.7% 5.0% 7.5% 6.8% 9.2% 2.3% 6.5% 7.2% 7.0% 1.2% 4.5% 5.4% 21.1% 9.4% 15.5% 15.7% 17.9% 14.3% 14.30%
EBITDA Margin 46.2% 46.6% 46.1% 38.8% 46.8% 50.4% 52.4% 44.8% 50.3% 50.4% 49.7% 47.5% 52.4% 52.8% 68.4% 53.0% 61.7% 61.3% 62.7% 60.8% 60.77%
FCF Margin 41.2% 42.5% 40.1% 41.0% 42.5% 44.8% 46.3% 46.4% 45.6% 41.1% 40.1% 36.5% 38.9% 39.5% 40.2% 43.2% 40.7% 40.2% 39.2% 37.1% 37.10%
OCF Margin 45.6% 46.6% 42.8% 44.6% 47.0% 44.8% 47.7% 46.9% 45.5% 45.7% 44.6% 41.2% 44.0% 43.6% 43.9% 46.7% 45.6% 46.5% 46.4% 44.4% 44.44%
ROE 3Y Avg snapshot only 3.47%
ROE 5Y Avg snapshot only 2.63%
ROA 3Y Avg snapshot only 1.34%
ROIC 3Y Avg snapshot only 2.64%
ROIC Economic snapshot only 5.41%
Cash ROA snapshot only 5.88%
Cash ROIC snapshot only 6.48%
CROIC snapshot only 5.41%
NOPAT Margin snapshot only 37.07%
Pretax Margin snapshot only 20.23%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 12.20%
SBC / Revenue snapshot only 3.08%
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 143.78 106.07 116.74 94.72 76.78 67.73 57.98 67.40 65.95 59.98 73.09 78.31 79.50 92.98 42.64 37.13 29.71 27.15 27.78 31.90 40.608
P/S Ratio 5.62 5.26 6.01 5.61 4.69 4.41 4.19 4.30 4.08 3.80 4.26 4.24 3.92 4.23 3.68 3.87 3.87 4.17 4.10 5.05 8.335
P/B Ratio 1.96 2.07 1.09 1.10 0.99 0.99 0.97 1.06 1.05 1.02 1.11 1.15 1.10 1.25 1.12 1.25 1.33 1.51 1.38 1.78 2.209
P/FCF 13.66 12.38 14.98 13.68 11.04 9.85 9.06 9.27 8.94 9.24 10.61 11.62 10.06 10.71 9.15 8.97 9.50 10.38 10.46 13.61 13.607
P/OCF 12.33 11.28 14.04 12.57 9.99 9.85 8.79 9.16 8.96 8.30 9.54 10.30 8.90 9.70 8.40 8.30 8.49 8.98 8.83 11.36 11.360
EV/EBITDA 20.99 18.82 18.02 17.38 14.87 13.60 16.53 15.95 14.91 14.08 16.36 15.90 14.79 14.87 13.50 13.19 12.31 12.13 13.88 14.71 14.711
EV/Revenue 9.45 8.64 8.25 7.69 6.62 6.22 7.85 7.75 7.37 6.97 8.00 7.86 7.40 7.54 7.54 7.50 7.28 7.40 8.31 9.06 9.064
EV/EBIT 67.52 57.44 55.67 56.21 46.39 38.79 42.48 38.65 34.40 31.52 36.40 36.05 34.49 35.08 28.14 25.75 22.31 20.84 23.87 24.59 24.594
EV/FCF 22.95 20.32 20.56 18.75 15.59 13.87 16.96 16.71 16.15 16.94 19.93 21.54 19.01 19.10 18.75 17.37 17.87 18.44 21.20 24.43 24.433
Earnings Yield 0.7% 0.9% 0.9% 1.1% 1.3% 1.5% 1.7% 1.5% 1.5% 1.7% 1.4% 1.3% 1.3% 1.1% 2.3% 2.7% 3.4% 3.7% 3.6% 3.1% 3.14%
FCF Yield 7.3% 8.1% 6.7% 7.3% 9.1% 10.2% 11.0% 10.8% 11.2% 10.8% 9.4% 8.6% 9.9% 9.3% 10.9% 11.2% 10.5% 9.6% 9.6% 7.3% 7.35%
PEG Ratio snapshot only 0.474
Price/Tangible Book snapshot only 1.897
EV/OCF snapshot only 20.398
EV/Gross Profit snapshot only 12.022
Acquirers Multiple snapshot only 24.407
Shareholder Yield snapshot only 5.98%
Graham Number snapshot only $11.69
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 0.08 0.08 0.56 0.56 0.56 0.56 0.86 0.86 0.86 0.86 0.44 0.44 0.44 0.44 0.39 0.39 0.39 0.39 10.72 10.72 10.717
Quick Ratio 0.08 0.08 0.56 0.56 0.56 0.56 0.86 0.86 0.86 0.86 0.44 0.44 0.44 0.44 0.39 0.39 0.39 0.39 10.72 10.72 10.717
Debt/Equity 1.35 1.35 0.43 0.43 0.43 0.43 0.86 0.86 0.86 0.86 0.99 0.99 0.99 0.99 1.18 1.18 1.18 1.18 1.42 1.42 1.419
Net Debt/Equity 1.33 1.33 0.41 0.41 0.41 0.41 0.85 0.85 0.85 0.85 0.98 0.98 0.98 0.98 1.17 1.17 1.17 1.17 1.41 1.41 1.414
Debt/Assets 0.48 0.48 0.25 0.25 0.25 0.25 0.39 0.39 0.39 0.39 0.42 0.42 0.42 0.42 0.46 0.46 0.46 0.46 0.53 0.53 0.533
Debt/EBITDA 8.65 7.49 5.21 5.01 4.62 4.21 7.76 7.16 6.71 6.45 7.73 7.39 7.03 6.59 6.95 6.42 5.80 5.33 7.06 6.54 6.542
Net Debt/EBITDA 8.50 7.36 4.89 4.70 4.34 3.95 7.71 7.10 6.66 6.40 7.66 7.32 6.96 6.53 6.91 6.38 5.77 5.30 7.03 6.52 6.518
Interest Coverage 5.08 2.52 2.18 1.84 2.05 3.08 2.94 2.89 2.894
Equity Multiplier 2.81 2.81 1.72 1.72 1.72 1.72 2.19 2.19 2.19 2.19 2.33 2.33 2.33 2.33 2.57 2.57 2.57 2.57 2.66 2.66 2.661
Cash Ratio snapshot only 2.283
Debt Service Coverage snapshot only 4.838
Cash to Debt snapshot only 0.004
FCF to Debt snapshot only 0.092
Defensive Interval snapshot only 64.9 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 0.16 0.18 0.13 0.14 0.15 0.16 0.12 0.13 0.13 0.14 0.12 0.12 0.13 0.13 0.13 0.13 0.14 0.15 0.14 0.14 0.143
Inventory Turnover
Receivables Turnover 12.23 13.85 10.38 11.19 12.04 12.89 12.14 12.87 13.50 14.03 13.61 14.07 14.62 15.38 13.39 14.24 15.17 15.99 15.93 16.69 16.694
Payables Turnover 4.35 5.21 2.98 3.19 3.39 3.59 1.56 1.60 1.62 1.64 1.62 3.54 3.535
DSO 30 26 35 33 30 28 30 28 27 26 27 26 25 24 27 26 24 23 23 22 21.9 days
DIO 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 days
DPO 84 70 0 0 0 0 0 0 0 0 122 114 108 102 234 228 225 223 225 103 103.2 days
Cash Conversion Cycle -54 -44 35 33 30 28 30 28 27 26 -95 -89 -83 -78 -206 -202 -201 -200 -202 -81 -81.4 days
Cash Velocity snapshot only 69.065
Capital Intensity snapshot only 7.559
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 81.0% 72.9% 62.9% 52.9% 44.8% 36.8% 33.5% 31.4% 28.0% 24.3% 19.5% 16.5% 15.5% 16.9% 19.9% 23.4% 26.4% 26.7% 25.5% 23.6% 23.62%
Net Income 1.9% 2.5% 6.9% 4.9% 1.3% 79.7% 87.5% 41.6% 29.5% 20.8% -3.8% -1.1% -8.0% -16.0% 77.8% 1.4% 2.3% 3.3% 1.1% 87.6% 87.59%
EPS 1.3% 2.0% 4.4% 3.0% 60.8% 29.9% 56.2% 34.8% 21.9% 10.5% -15.2% -13.4% -19.5% -25.1% 64.5% 1.3% 2.2% 2.9% 1.0% 59.5% 59.46%
FCF 1.8% 1.5% 90.2% 57.1% 49.4% 44.3% 54.0% 48.6% 37.4% 14.0% 3.6% -8.4% -1.5% 12.2% 20.2% 45.9% 32.2% 28.8% 22.3% 6.2% 6.19%
EBITDA 1.7% 1.2% 83.1% 54.3% 43.2% 36.3% 38.5% 44.3% 42.1% 34.5% 22.9% 18.5% 16.9% 19.8% 37.1% 41.9% 49.3% 52.5% 34.4% 33.9% 33.94%
Op. Income 10.4% 10.3% 1.8% 74.2% 47.7% 45.8% 63.9% 90.0% 89.7% 69.4% 44.3% 29.5% 19.4% 18.4% 51.3% 68.5% 93.8% 1.1% 62.2% 52.7% 52.74%
OCF Growth snapshot only 17.68%
Asset Growth snapshot only 17.35%
Equity Growth snapshot only 13.50%
Debt Growth snapshot only 36.43%
Shares Change snapshot only 17.65%
Dividend Growth snapshot only 33.14%
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 1.7% 1.1% 79.2% 57.5% 49.7% 43.3% 37.5% 32.8% 28.9% 25.7% 24.1% 23.6% 23.2% 22.5% 21.6% 21.1% 21.10%
Revenue 5Y 95.3% 67.8% 52.5% 41.2% 37.4% 34.2% 31.3% 29.0% 28.97%
EPS 3Y 67.4% 16.4% 2.5% 29.7% 38.0% 46.1% 48.4% 41.7% 46.0% 46.01%
EPS 5Y 76.0% 75.99%
Net Income 3Y 1.0% 39.2% 22.2% 47.5% 49.3% 58.5% 63.1% 54.3% 63.9% 63.94%
Net Income 5Y 1.1% 1.06%
EBITDA 3Y 2.0% 1.5% 1.2% 93.3% 76.7% 60.2% 46.1% 38.2% 33.5% 30.0% 32.6% 34.4% 35.3% 34.9% 31.3% 31.1% 31.07%
EBITDA 5Y 1.1% 92.6% 79.7% 64.7% 57.3% 49.7% 41.8% 38.1% 38.06%
Gross Profit 3Y 1.7% 1.1% 78.1% 56.3% 48.2% 41.2% 35.4% 30.6% 26.6% 24.1% 23.4% 23.9% 24.2% 23.9% 27.7% 20.5% 20.51%
Gross Profit 5Y 93.7% 66.4% 51.6% 40.4% 36.8% 33.7% 34.1% 27.8% 27.84%
Op. Income 3Y 2.7% 2.0% 88.2% 62.5% 49.6% 43.0% 52.9% 60.7% 63.7% 61.3% 52.4% 49.4% 49.40%
Op. Income 5Y 1.6% 1.3% 74.9% 61.7% 61.66%
FCF 3Y 2.9% 1.5% 1.2% 94.9% 78.7% 60.6% 44.8% 28.9% 26.5% 22.7% 24.2% 25.7% 21.4% 18.1% 15.0% 12.4% 12.41%
FCF 5Y 1.4% 80.4% 69.4% 58.2% 49.4% 43.0% 34.8% 27.1% 27.09%
OCF 3Y 3.0% 1.4% 1.2% 92.3% 73.1% 61.3% 44.6% 29.3% 27.3% 23.0% 25.1% 25.5% 21.9% 24.0% 20.5% 18.9% 18.93%
OCF 5Y 1.4% 81.7% 70.3% 59.0% 49.9% 44.6% 36.5% 28.9% 28.92%
Assets 3Y 1.2% 1.2% 54.2% 54.2% 54.2% 54.2% 29.9% 29.9% 29.9% 29.9% 19.6% 19.6% 19.6% 19.6% 14.8% 14.8% 14.83%
Assets 5Y 73.9% 73.9% 36.4% 36.4% 36.4% 36.4% 24.0% 24.0% 24.00%
Equity 3Y 67.4% 67.4% 67.4% 67.4% 38.3% 38.3% 38.3% 38.3% 4.5% 4.5% 4.5% 4.5% 7.6% 7.6% 7.55%
Book Value 3Y 8.7% 7.9% 7.7% 24.9% 4.6% 14.3% 15.7% 16.0% -8.1% -3.3% -3.7% -4.9% -1.2% -4.2% -4.21%
Dividend 3Y -29.0% -2.6% -10.9% -15.8% -25.1% -25.1% -23.9% -16.7% -9.7% -13.9% -10.2% -6.1% -9.7% -0.7% 2.3% -2.0% -2.02%
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 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.99 0.99 0.99 0.99 0.99 1.00 0.99 0.99 0.99 0.99 0.990
Earnings Stability 0.28 0.54 0.87 1.00 0.67 0.80 0.95 0.98 0.81 0.87 0.91 0.90 0.80 0.79 0.94 0.90 0.79 0.71 0.83 0.82 0.816
Margin Stability 0.99 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.98 0.99 0.98 0.98 0.97 0.93 0.98 0.981
Rev. Growth Consistency 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 1.000
Earn. Growth Consistency 0.50 0.50 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 1.00 1.00 1.000
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 0.20 0.20 0.20 0.50 0.50 0.50 0.50 0.83 0.88 0.92 0.98 1.00 0.97 0.94 0.50 0.50 0.50 0.50 0.50 0.50 0.500
Earnings Smoothness 0.00 0.23 0.43 0.39 0.66 0.74 0.81 0.96 0.99 0.92 0.83 0.44 0.19 0.00 0.00 0.27 0.39 0.391
ROE Trend 0.02 0.02 0.02 0.02 0.01 0.01 0.00 -0.00 0.00 0.00 -0.00 -0.00 0.01 0.02 0.03 0.04 0.03 0.03 0.032
Gross Margin Trend 0.00 -0.01 -0.02 -0.03 -0.04 -0.03 -0.02 -0.01 -0.00 -0.00 -0.00 -0.01 -0.02 -0.02 -0.01 0.00 0.02 0.03 0.13 -0.00 -0.002
FCF Margin Trend 0.21 0.14 0.11 0.09 0.09 0.09 0.09 0.06 0.04 -0.03 -0.03 -0.07 -0.05 -0.03 -0.03 0.02 -0.02 -0.00 -0.01 -0.03 -0.027
Sustainable Growth Rate -12.2% -6.0% -3.8% -4.5% -6.2% -10.7% -7.4% -7.8% -7.2% -7.2% -7.3% -7.7% -9.1% -7.8% -6.3% -5.8% -4.9% -5.8% -6.2% -5.4% -5.38%
Internal Growth Rate
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 11.66 9.40 8.31 7.53 7.69 6.88 6.60 7.35 7.36 7.23 7.66 7.60 8.93 9.58 5.08 4.48 3.50 3.02 3.15 2.81 2.808
FCF/OCF 0.90 0.91 0.94 0.92 0.90 1.00 0.97 0.99 1.00 0.90 0.90 0.89 0.88 0.91 0.92 0.93 0.89 0.86 0.84 0.83 0.835
FCF/Net Income snapshot only 2.344
OCF/EBITDA snapshot only 0.721
CapEx/Revenue 4.4% 4.1% 2.7% 3.6% 4.5% 0.0% 1.4% 0.5% 0.1% 4.6% 4.5% 4.7% 5.1% 4.1% 3.6% 3.5% 4.9% 6.3% 7.2% 7.3% 7.34%
CapEx/Depreciation snapshot only 0.296
Accruals Ratio -0.07 -0.08 -0.05 -0.05 -0.06 -0.06 -0.05 -0.05 -0.05 -0.06 -0.05 -0.04 -0.05 -0.05 -0.04 -0.05 -0.05 -0.05 -0.04 -0.04 -0.041
Sloan Accruals snapshot only -0.000
Cash Flow Adequacy snapshot only 1.184
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 5.5% 3.1% 3.3% 4.0% 5.8% 9.1% 9.2% 8.7% 8.2% 8.6% 7.7% 7.8% 9.3% 7.2% 7.9% 7.2% 7.0% 7.5% 7.8% 6.0% 4.09%
Dividend/Share $0.75 $0.45 $0.50 $0.52 $0.68 $1.07 $1.09 $1.10 $1.01 $0.99 $0.98 $0.99 $1.11 $0.96 $0.96 $0.98 $1.00 $1.15 $1.26 $1.11 $0.97
Payout Ratio 7.9% 3.3% 3.9% 3.7% 4.4% 6.2% 5.3% 5.9% 5.4% 5.2% 5.6% 6.1% 7.4% 6.6% 3.4% 2.7% 2.1% 2.0% 2.2% 1.9% 1.91%
FCF Payout Ratio 74.8% 39.0% 49.4% 54.1% 63.8% 89.7% 82.9% 81.0% 73.1% 79.6% 81.7% 90.6% 93.3% 76.6% 72.4% 64.9% 66.5% 77.4% 81.9% 81.4% 81.43%
Total Payout Ratio 7.9% 3.3% 3.9% 3.9% 4.4% 6.3% 5.4% 6.0% 5.8% 5.4% 5.9% 6.4% 7.5% 6.8% 3.5% 2.7% 2.1% 2.0% 2.2% 1.9% 1.91%
Div. Increase Streak 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0 1 1 1 1
Chowder Number 1.81 0.33 0.35 0.14 0.33 2.41 1.68 1.31 0.66 0.10 0.10 0.10 0.35 0.15 0.15 0.12 0.01 0.37 0.46 0.39 0.391
Buyback Yield 0.0% 0.0% 0.0% 0.1% 0.0% 0.2% 0.2% 0.2% 0.6% 0.4% 0.4% 0.4% 0.2% 0.2% 0.2% 0.0% 0.0% 0.0% 0.0% 0.0% 0.00%
Net Buyback Yield -27.0% -0.3% -33.1% -10.6% -36.6% -37.5% -5.0% -4.8% -6.0% -11.9% -9.5% -11.8% -11.3% -7.3% -6.7% -4.3% -6.1% -9.8% -12.0% -11.2% -11.17%
Total Shareholder Return -21.6% 2.9% -29.8% -6.6% -30.8% -28.4% 4.2% 3.9% 2.1% -3.3% -1.8% -4.0% -2.0% -0.1% 1.2% 3.0% 0.9% -2.4% -4.2% -5.2% -5.18%
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) 0.74 0.75 0.77 0.78 0.79 0.80 0.81 0.81 0.80 0.80 0.80 0.80 0.79 0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.782
Interest Burden (EBT/EBIT) 0.38 0.44 0.45 0.55 0.54 0.51 0.48 0.39 0.36 0.36 0.33 0.31 0.29 0.27 0.41 0.46 0.51 0.55 0.54 0.55 0.549
EBIT Margin 0.14 0.15 0.15 0.14 0.14 0.16 0.18 0.20 0.21 0.22 0.22 0.22 0.21 0.21 0.27 0.29 0.33 0.36 0.35 0.37 0.369
Asset Turnover 0.16 0.18 0.13 0.14 0.15 0.16 0.12 0.13 0.13 0.14 0.12 0.12 0.13 0.13 0.13 0.13 0.14 0.15 0.14 0.14 0.143
Equity Multiplier 2.81 2.81 2.04 2.04 2.04 2.04 1.96 1.96 1.96 1.96 2.26 2.26 2.26 2.26 2.45 2.45 2.45 2.45 2.62 2.62 2.621
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) $0.10 $0.13 $0.13 $0.14 $0.15 $0.17 $0.20 $0.19 $0.19 $0.19 $0.17 $0.16 $0.15 $0.14 $0.29 $0.36 $0.48 $0.57 $0.58 $0.58 $0.58
Book Value/Share $7.03 $6.86 $14.00 $11.98 $11.96 $11.86 $12.16 $11.88 $11.73 $11.30 $11.38 $11.05 $10.90 $10.71 $10.86 $10.82 $10.69 $10.20 $11.71 $10.44 $13.68
Tangible Book/Share $6.03 $5.88 $13.07 $11.18 $11.16 $11.07 $11.22 $10.97 $10.83 $10.44 $10.63 $10.32 $10.18 $10.01 $10.25 $10.21 $10.09 $9.63 $10.98 $9.78 $9.78
Revenue/Share $2.45 $2.70 $2.54 $2.34 $2.52 $2.67 $2.83 $2.93 $3.03 $3.04 $2.98 $2.99 $3.06 $3.17 $3.30 $3.50 $3.68 $3.70 $3.94 $3.68 $3.71
FCF/Share $1.01 $1.15 $1.02 $0.96 $1.07 $1.20 $1.31 $1.36 $1.38 $1.25 $1.19 $1.09 $1.19 $1.25 $1.33 $1.51 $1.50 $1.49 $1.54 $1.36 $1.38
OCF/Share $1.11 $1.26 $1.09 $1.05 $1.18 $1.20 $1.35 $1.37 $1.38 $1.39 $1.33 $1.23 $1.35 $1.38 $1.45 $1.63 $1.68 $1.72 $1.83 $1.63 $1.65
Cash/Share $0.17 $0.16 $0.37 $0.32 $0.32 $0.32 $0.08 $0.08 $0.08 $0.07 $0.10 $0.10 $0.10 $0.10 $0.08 $0.08 $0.08 $0.07 $0.06 $0.05 $0.05
EBITDA/Share $1.10 $1.24 $1.16 $1.04 $1.12 $1.22 $1.34 $1.42 $1.50 $1.50 $1.46 $1.48 $1.53 $1.61 $1.85 $1.99 $2.18 $2.26 $2.36 $2.27 $2.27
Debt/Share $9.53 $9.29 $6.07 $5.19 $5.18 $5.14 $10.43 $10.19 $10.06 $9.70 $11.25 $10.91 $10.77 $10.58 $12.83 $12.78 $12.62 $12.05 $16.62 $14.82 $14.82
Net Debt/Share $9.36 $9.13 $5.69 $4.87 $4.86 $4.82 $10.35 $10.11 $9.99 $9.62 $11.14 $10.81 $10.67 $10.48 $12.75 $12.70 $12.54 $11.97 $16.56 $14.77 $14.77
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 0.928
Altman Z-Prime snapshot only 1.396
Piotroski F-Score 6 6 7 7 7 8 8 8 8 7 5 5 5 5 7 7 7 7 8 7 7
Beneish M-Score -1.63 -1.63 -2.21 -2.29 -2.31 -2.34 -2.37 -2.42 -2.42 -2.42 -2.56 -2.52 -2.55 -2.57 -2.24 -2.27 -2.26 -2.24 -3.05 -1.94 -1.940
Ohlson O-Score snapshot only -6.886
ROIC (Greenblatt) snapshot only 5.98%
Net-Net WC snapshot only $-14.38
EVA snapshot only $-31624083.58
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 BB+
Credit Score 41.12 44.96 57.72 59.16 58.45 60.39 52.48 54.03 53.46 54.52 49.77 50.36 43.32 34.07 29.77 27.41 31.28 38.66 46.73 48.99 48.988
Credit Grade snapshot only 11
Credit Trend snapshot only 21.578
Implied Spread (bps) snapshot only 400.000
Industry Credit Rank snapshot only 71
Sector Credit Rank snapshot only 55

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