Also trades as: WAL-PA (NYSE) · $vol 1M

$76.38

+0.68 (+0.90%)

Weekly Expected Move ±2.6%

$72 $74 $76 $78 $80

NYSE · Financial Services · Banks - Regional · Tech Score Strong Sell · Power 36 · $8.3B mcap · 105M float · 0.999% daily turnover · Short 45% 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.

NO EDGE

35.7 / 100

NoneWeakNarrowWide

Primary source: Cost Advantage · ROIC: -173.2%

Cost Advantage ★

Intangibles

Switching Cost

Network Effect

Scale

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. WAL has No discernible competitive edge (35.7/100). The business operates without significant structural advantages. The primary source of advantage is Cost Advantage. Negative ROIC of -173.2% indicates the company is currently destroying value, though this may reflect a growth investment phase.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets

$36

Low

$85

Avg Target

$97

High

Based on 7 analysts since Jul 21, 2026 earnings

Analyst Recommendations

Strong Buy: 0Buy: 19Hold: 5Sell: 0Strong Sell: 0

Rating Summary

ConsensusBuy

Avg Target$86.13

Analysts8

Price Target Change History

Date	Firm	Analyst	Old	New	Change	Upside @ Call	Stock@Call
2026-09-29	Wells Fargo	—	$79	$84	+5	+10.9%	$75.76
2026-09-22	Raymond James	—	Initiated	$90	—	+14.4%	$78.65
2026-07-24	Piper Sandler	—	$92	$97	+5	+16.9%	$82.97
2026-07-23	Mizuho Securities	—	Initiated	$96	—	+17.8%	$81.50
2026-07-23	Stephens	—	Initiated	$95	—	+13.9%	$83.41
2026-07-23	Stifel Nicolaus	—	Initiated	$95	—	+13.9%	$83.41
2026-07-22	D.A. Davidson	—	Initiated	$36	—	-55.8%	$81.52
2026-06-25	Industrial Alliance Securities	—	$96	$98	+2	+22.1%	$80.29
2026-04-28	Industrial Alliance Securities	—	$94	$96	+2	+18.5%	$80.98
2026-04-27	UBS	—	$93	$80	-13	-0.5%	$80.39
2026-04-27	Piper Sandler	—	$101	$92	-9	+15.8%	$79.44
2026-04-23	Industrial Alliance Securities	—	$93	$94	+1	+19.9%	$78.37
2026-04-09	Industrial Alliance Securities	—	$83	$93	+10	+21.2%	$76.75
2026-04-08	Truist Financial	—	$98	$90	-8	+20.0%	$75.00
2026-03-10	UBS	—	$106	$93	-13	+29.3%	$71.93
2026-03-09	Industrial Alliance Securities	—	$103	$83	-20	+13.1%	$73.39
2026-03-09	Industrial Alliance Securities	—	$100	$103	+3	+40.3%	$73.39
2026-03-09	Wells Fargo	—	$83	$79	-4	+7.6%	$73.39
2026-03-07	Wells Fargo	Christopher Spahr	$85	$83	-2	+12.3%	$73.91
2026-03-07	Jefferies	—	$105	$90	-15	+21.8%	$73.91
2026-03-06	Jefferies	Jared Shaw	$92	$105	+13	+42.8%	$73.53
2026-02-04	UBS	—	$107	$106	-1	+16.0%	$91.35
2026-01-28	Industrial Alliance Securities	—	$101	$100	-1	+12.5%	$88.92
2026-01-28	Industrial Alliance Securities	Christopher McGratty	$108	$101	-7	+12.9%	$89.45
2026-01-09	Truist Financial	John McDonald	$93	$98	+5	+9.2%	$89.72
2026-01-07	Industrial Alliance Securities	—	$115	$108	-7	+23.9%	$87.19
2026-01-06	UBS	Nicholas Holowko	$105	$107	+2	+21.4%	$88.11
2025-12-19	Industrial Alliance Securities	Jared Shaw	$95	$115	+20	+32.5%	$86.80
2025-11-05	UBS	Nicholas Holowko	Initiated	$105	—	+35.6%	$77.45
2025-10-23	Truist Financial	David Smith	$92	$93	+1	+19.4%	$77.90
2025-10-23	Wells Fargo	—	$90	$85	-5	+8.0%	$78.72
2025-10-23	Industrial Alliance Securities	Christopher McGratty	$112	$95	-17	+20.7%	$78.72
2025-10-10	Truist Financial	—	$88	$92	+4	+20.0%	$76.66
2025-10-10	RBC Capital	—	$99	$100	+1	+25.7%	$79.53
2025-10-08	Industrial Alliance Securities	—	$104	$112	+8	+30.2%	$86.00
2025-09-29	Wells Fargo	Timur Braziler	$92	$90	-2	+2.0%	$88.27
2025-09-24	National Bank	—	Initiated	$118	—	+32.6%	$89.02
2025-08-26	Industrial Alliance Securities	—	$102	$104	+2	+18.5%	$87.78
2024-10-21	Piper Sandler	Matthew Clark	$93	$101	+8	+23.9%	$81.52
2024-10-21	Industrial Alliance Securities	Benjamin Gerlinger	$105	$102	-3	+19.3%	$85.53
2024-10-21	Industrial Alliance Securities	Jared Shaw	$107	$105	-2	+22.8%	$85.53
2024-10-18	RBC Capital	Jon Arfstrom	$87	$99	+12	+11.7%	$88.61
2024-10-09	Industrial Alliance Securities	Anthony Elian	$90	$107	+17	+27.8%	$83.74
2024-10-01	Wells Fargo	Timur Braziler	Initiated	$92	—	+6.4%	$86.49
2024-07-22	Industrial Alliance Securities	Christopher Mcgratty	$92	$90	-2	+16.6%	$77.19
2024-07-22	Piper Sandler	Matthew Clark	Initiated	$93	—	+21.2%	$76.72
2024-07-22	Truist Financial	Brandon Kiing	$100	$88	-12	+14.0%	$77.19
2024-07-22	RBC Capital	Jon Arfstrom	Initiated	$87	—	+13.4%	$76.72
2024-07-21	Industrial Alliance Securities	Jared Shaw	$86	$92	+6	+19.9%	$76.72
2024-04-23	Industrial Alliance Securities	Jared Shaw	$80	$86	+6	+46.6%	$58.67

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.

Oct 02, 2026

DCF

ROE

ROA

D/E

P/E

P/B

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. WAL receives an overall rating of B. Strongest factors: ROE (4/5), ROA (4/5). Areas of concern: DCF (1/5), D/E (1/5).

Rating Change History

Date	From	To
2026-10-01	B-	B
2026-09-24	B	B-
2026-07-23	C+	B
2026-07-22	B	C+
2026-05-11	B+	B
2026-04-23	B	B+
2026-04-21	B+	B
2026-04-16	B	B+
2026-04-01	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.

★ ★ ★ ★ ★ 18 Grade D

Profitability

Balance Sheet

Earnings Quality

Growth

Value

Momentum

Safety

Cash Flow

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. WAL scores highest in Value (86/100) and lowest in Momentum (0/100). A grade of D flags significant fundamental concerns across multiple dimensions.

Risk & Quality Signals

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

Altman-B Score

2.50

Grey Zone

Piotroski F-Score

5/9

✓ ✗ ✓ ✗ ✓ ✓ ✓ ✗ ✗

Beneish M-Score

-2.22

Unlikely Manipulator

Ohlson O-Score

-5.69

Bankruptcy prob: 0.3%

Low Risk

Credit Rating

BBB-

Score: 52.0/100

Trend: Improving

Earnings Quality

25/100

OCF/NI: -1.55x

Accruals: 2.7%

The Altman-B Score replaces the traditional Z-Score for banks and financial institutions. It weights equity-to-assets, return on assets, retained earnings, market value coverage, and cash reserves — metrics that better capture bank solvency than manufacturing-oriented ratios. WAL scores 2.50, placing it in the Grey Zone (safe > 3.0, distress < 1.5). Financial distress is possible and warrants monitoring. 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. WAL 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. WAL's score of -2.22 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. WAL's implied 0.3% 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. WAL receives an estimated rating of BBB- (score: 52.0/100), 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). WAL's score of 25/100 is low — reported earnings may not be fully supported by cash flows.

Valuation

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

P/E

8.49x

PEG

0.48x

P/S

1.62x

P/B

1.06x

P/FCF

-5.44x

P/OCF

—

EV/EBITDA

0.41x

EV/Revenue

0.11x

EV/EBIT

0.45x

EV/FCF

-0.34x

Earnings Yield

11.02%

FCF Yield

-18.37%

Shareholder Yield

3.49%

Graham Number

$120.95

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 8.5x earnings, WAL trades at a deep value multiple. An earnings yield of 11.0% exceeds typical risk-free rates, suggesting equities are being compensated for risk. Graham's intrinsic value formula yields $120.95 per share, suggesting a potential 58% margin of safety at the current price.

DuPont Decomposition (5-Factor)

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

Tax Burden

0.803

NI / EBT

Interest Burden

1.000

EBT / EBIT

EBIT Margin

0.240

EBIT / Rev

Asset Turnover

0.055

Rev / Assets

Equity Multiplier

12.398

Assets / Equity

ROE

13.2%

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. WAL's ROE of 13.2% is driven by financial leverage (equity multiplier: 12.40x). Note: high leverage means ROE is amplified by debt rather than operational performance.

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

2.36%

Fair P/E

13.23x

Intrinsic Value

$119.87

Price/Value

0.69x

Margin of Safety

31.42%

Premium

-31.42%

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 WAL's realized 2.4% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. WAL trades at a -31% premium to its adjusted intrinsic value of $119.87, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 13.2x compares to the current market P/E of 8.5x.

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

$76.40

Median 1Y

$69.61

5th Pctile

$24.73

95th Pctile

$195.83

Ann. Volatility

61.5%

Analyst Target

$86.13

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

Executive	Salary	Stock	Total
KENNETH VECCHIONE Chief Executive Officer	$1,500,000	$5,326,094	$10,969,236
DALE GIBBONS Financial rman and Chief Financial Officer	$919,328	$2,641,400	$5,679,636
STEVE CURLEY Banking anking Officer – National Business Lines	$626,219	$1,572,253	$3,560,248
TIM BRUCKNER Banking anking Officer – Regional Banks	$626,219	$1,420,644	$3,421,902
TIM BOOTHE Administration ration Officer	$542,479	$862,436	$2,899,662

CEO Pay Ratio

286:1

CEO-to-Employee Pay Ratio

CEO Total Comp: $10,969,236

Avg Employee Cost (SGA/emp): $38,366

Employees: 3,769

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

3,769

+7.0% YoY

Revenue / Employee

$1,399,761

Rev: $5,275,700,000

Profit / Employee

$257,097

NI: $969,000,000

SGA / Employee

$38,366

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	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	21.9%	21.5%	21.7%	21.9%	21.2%	20.5%	18.2%	17.2%	16.1%	12.6%	13.0%	12.2%	11.6%	12.3%	12.4%	12.6%	12.8%	13.5%	13.2%	13.2%	13.24%
ROA	2.0%	1.9%	1.8%	1.7%	1.7%	1.7%	1.5%	1.4%	1.2%	1.0%	1.0%	1.0%	1.0%	1.0%	1.0%	1.0%	1.1%	1.1%	1.1%	1.1%	1.07%
ROIC	-1.4%	1.1%	22.3%	10.6%	9.4%	23.0%	5.4%	7.7%	9.8%	44.0%	22.6%	27.0%	23.5%	16.4%	15.8%	8.9%	-24.1%	-10.0%	-24.2%	-1.7%	-1.73%
ROCE	15.0%	14.7%	14.2%	14.8%	14.9%	14.5%	13.9%	13.7%	12.6%	10.7%	10.9%	10.5%	9.0%	8.7%	9.0%	8.4%	11.3%	2.4%	10.3%	1.3%	1.31%
Gross Margin	92.1%	93.3%	92.8%	88.8%	78.9%	73.3%	58.0%	57.2%	60.3%	58.9%	59.7%	57.6%	59.0%	59.0%	60.5%	61.3%	60.3%	62.7%	55.9%	42.0%	41.99%
Operating Margin	53.4%	53.4%	51.6%	49.7%	42.0%	39.1%	20.7%	23.6%	24.2%	18.9%	19.8%	19.9%	19.3%	20.1%	20.4%	22.7%	22.4%	25.3%	16.1%	37.4%	37.37%
Net Margin	41.8%	42.4%	41.6%	40.0%	33.6%	31.4%	15.9%	19.6%	18.9%	13.2%	15.2%	15.5%	15.3%	16.8%	16.5%	18.0%	18.1%	20.3%	13.1%	29.5%	29.45%
EBITDA Margin	56.1%	55.6%	54.5%	52.3%	44.4%	41.5%	23.2%	25.8%	25.6%	21.1%	22.1%	22.1%	21.5%	22.9%	23.0%	25.2%	24.8%	27.7%	18.5%	41.3%	41.34%
FCF Margin	-1.7%	-1.4%	-99.0%	-28.4%	74.9%	71.4%	56.3%	27.8%	-0.5%	-10.4%	-24.2%	-29.2%	-38.5%	-56.4%	-82.6%	-74.5%	-64.2%	-52.8%	-29.9%	-32.1%	-32.15%
OCF Margin	-1.7%	-1.3%	-95.2%	-24.0%	79.6%	76.2%	60.7%	31.9%	3.1%	-7.7%	-21.9%	-27.4%	-36.8%	-54.7%	-81.0%	-72.8%	-62.4%	-50.6%	-27.7%	-29.8%	-29.81%
ROE 3Y Avg	snapshot only																				12.05%
ROE 5Y Avg	snapshot only																				14.41%
ROA 3Y Avg	snapshot only																				0.96%
ROIC Economic	snapshot only																				6.66%
Cash ROA	snapshot only																				-1.55%
NOPAT Margin	snapshot only																				19.71%
Pretax Margin	snapshot only																				24.01%
R&D / Revenue	snapshot only																				0.00%
SGA / Revenue	snapshot only																				11.62%
SBC / Revenue	snapshot only																				-0.09%

Valuation

Metric	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	12.17	11.44	8.55	7.13	6.50	5.68	3.75	4.09	5.48	9.51	8.93	9.06	12.88	11.40	10.25	10.00	10.53	9.48	8.07	9.07	8.487
P/S Ratio	5.76	5.10	3.62	2.95	2.53	2.04	1.10	1.01	1.17	1.61	1.49	1.42	1.91	1.79	1.64	1.66	1.83	1.74	1.40	1.75	1.624
P/B Ratio	2.28	2.07	1.62	1.41	1.31	1.12	0.65	0.66	0.83	1.13	1.10	1.05	1.39	1.34	1.20	1.19	1.28	1.20	1.02	1.15	1.056
P/FCF	-3.35	-3.78	-3.65	-10.40	3.38	2.85	1.96	3.63	-247.80	-15.52	-6.17	-4.87	-4.97	-3.18	-1.99	-2.23	-2.85	-3.29	-4.68	-5.44	-5.443
P/OCF	—	—	—	—	3.18	2.68	1.82	3.16	38.18	—	—	—	—	—	—	—	—	—	—	—	—
EV/EBITDA	4.72	5.22	5.89	8.74	9.28	3.77	12.45	8.09	6.71	2.39	3.68	2.88	5.36	6.38	5.75	9.29	-1.38	-6.26	-2.95	0.41	0.408
EV/Revenue	2.90	3.04	3.28	4.77	4.74	1.78	4.90	2.67	1.93	0.57	0.87	0.65	1.16	1.41	1.29	2.15	-0.33	-1.58	-0.71	0.11	0.109
EV/EBIT	4.92	5.45	6.18	9.18	9.76	3.99	13.28	8.70	7.23	2.61	4.02	3.16	5.98	7.14	6.45	10.42	-1.55	-6.93	-3.29	0.45	0.453
EV/FCF	-1.69	-2.25	-3.31	-16.82	6.33	2.49	8.70	9.62	-409.20	-5.50	-3.59	-2.23	-3.02	-2.50	-1.56	-2.89	0.52	3.00	2.37	-0.34	-0.338
Earnings Yield	8.2%	8.7%	11.7%	14.0%	15.4%	17.6%	26.7%	24.5%	18.2%	10.5%	11.2%	11.0%	7.8%	8.8%	9.8%	10.0%	9.5%	10.5%	12.4%	11.0%	11.02%
FCF Yield	-29.8%	-26.5%	-27.4%	-9.6%	29.6%	35.0%	51.0%	27.6%	-0.4%	-6.4%	-16.2%	-20.5%	-20.1%	-31.5%	-50.3%	-44.8%	-35.1%	-30.4%	-21.4%	-18.4%	-18.37%
PEG Ratio	snapshot only																				0.477
Price/Tangible Book	snapshot only																				1.577
EV/Gross Profit	snapshot only																				0.192
Acquirers Multiple	snapshot only																				0.453
Shareholder Yield	snapshot only																				3.49%
Graham Number	snapshot only																				$120.95

Leverage & Solvency

Metric	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	0.16	0.14	0.05	0.03	0.03	0.14	0.07	0.07	0.11	0.21	0.15	0.14	0.11	0.12	0.10	0.06	0.20	0.56	0.21	0.20	0.202
Quick Ratio	0.16	0.14	0.05	0.03	0.03	0.14	0.07	0.07	0.11	0.21	0.15	0.14	0.11	0.12	0.10	0.06	0.20	0.56	0.21	0.20	0.202
Debt/Equity	0.48	0.51	0.38	1.26	1.47	1.38	3.07	1.87	1.71	1.37	1.18	1.05	0.61	0.99	0.75	0.97	0.64	0.85	0.90	0.95	0.950
Net Debt/Equity	-1.13	-0.84	-0.15	0.87	1.14	-0.14	2.24	1.09	0.54	-0.73	-0.46	-0.57	-0.54	-0.28	-0.26	0.35	-1.51	-2.29	-1.53	-1.07	-1.074
Debt/Assets	0.04	0.05	0.03	0.09	0.11	0.11	0.24	0.16	0.14	0.12	0.09	0.08	0.05	0.08	0.06	0.08	0.05	0.07	0.07	0.08	0.076
Debt/EBITDA	1.99	2.17	1.51	4.82	5.54	5.30	13.20	8.68	8.38	8.14	6.80	6.25	3.86	5.98	4.61	5.85	3.78	4.84	5.16	5.44	5.442
Net Debt/EBITDA	-4.66	-3.55	-0.61	3.33	4.33	-0.55	9.64	5.04	2.65	-4.35	-2.64	-3.39	-3.45	-1.71	-1.60	2.10	-9.00	-13.13	-8.79	-6.15	-6.153
Interest Coverage	11.21	10.22	9.26	7.98	4.86	2.77	1.50	0.95	0.73	0.55	0.55	0.53	0.50	0.52	0.53	0.56	0.60	0.66	0.66	0.69	0.691
Equity Multiplier	11.69	11.28	12.09	13.32	13.77	12.65	12.87	11.99	12.34	11.66	12.47	12.72	11.99	12.07	12.00	12.19	12.30	12.12	12.98	12.59	12.586
Cash Ratio	snapshot only																				3.338
Debt Service Coverage	snapshot only																				0.768
Cash to Debt	snapshot only																				2.131
FCF to Debt	snapshot only																				-0.221
Defensive Interval	snapshot only																				3577.7 days

Efficiency & Turnover

Metric	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	0.04	0.04	0.04	0.04	0.04	0.05	0.05	0.06	0.06	0.06	0.06	0.06	0.06	0.07	0.06	0.06	0.06	0.06	0.06	0.06	0.055
Inventory Turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables Turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	22.38	—	20.33	20.333
Payables Turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
DSO	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	16	0	18	18.0 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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	—
Cash Conversion Cycle	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	16	0	18	—
Fixed Asset Turnover	snapshot only																				8.585
Cash Velocity	snapshot only																				0.323
Capital Intensity	snapshot only																				19.225

Growth (YoY)

Metric	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	37.6%	52.1%	63.7%	53.9%	45.1%	46.3%	45.8%	56.3%	57.0%	44.6%	39.0%	26.1%	18.8%	17.7%	11.3%	8.7%	7.0%	5.6%	9.5%	0.9%	0.94%
Net Income	92.0%	77.5%	53.9%	31.9%	19.3%	17.6%	1.3%	-6.9%	-14.1%	-31.7%	-21.0%	-19.6%	-17.2%	9.0%	6.8%	15.1%	25.2%	23.0%	18.5%	17.0%	17.04%
EPS	85.0%	70.5%	46.4%	26.6%	14.9%	13.4%	-0.3%	-7.5%	-14.6%	-31.9%	-21.5%	-20.2%	-17.9%	8.2%	6.3%	14.5%	24.9%	23.2%	18.8%	17.4%	17.36%
FCF	-6.2%	-5.2%	-4.5%	11.0%	1.6%	1.8%	1.8%	2.5%	-1.0%	-1.2%	-1.6%	-2.3%	-96.1%	-5.4%	-2.8%	-1.8%	-78.3%	1.2%	60.3%	56.4%	56.42%
EBITDA	92.9%	78.5%	57.5%	34.8%	20.7%	18.6%	3.1%	-5.4%	-11.8%	-26.6%	-16.5%	-13.2%	-10.3%	8.8%	5.3%	10.7%	18.4%	20.5%	17.5%	16.4%	16.37%
Op. Income	96.5%	80.4%	57.3%	34.5%	19.7%	17.2%	1.3%	-7.7%	-13.8%	-29.1%	-18.4%	-15.0%	-13.3%	6.2%	2.5%	8.3%	17.8%	21.8%	18.5%	17.5%	17.50%
OCF Growth	snapshot only																				58.65%
Asset Growth	snapshot only																				13.81%
Equity Growth	snapshot only																				10.23%
Debt Growth	snapshot only																				8.17%
Shares Change	snapshot only																				-0.27%
Dividend Growth	snapshot only																				7.77%

Growth (CAGR)

Metric	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	20.7%	23.6%	25.8%	26.3%	27.9%	32.2%	36.5%	41.7%	46.4%	47.6%	49.1%	44.7%	39.4%	35.5%	31.2%	28.9%	25.9%	21.6%	19.2%	11.4%	11.42%
Revenue 5Y	20.5%	22.2%	23.7%	24.1%	25.3%	27.3%	28.6%	30.6%	32.0%	31.9%	32.1%	31.8%	31.3%	31.5%	31.5%	31.3%	31.8%	31.9%	32.2%	27.2%	27.17%
EPS 3Y	28.4%	27.6%	26.8%	25.9%	25.1%	25.9%	24.9%	25.0%	22.0%	9.6%	4.6%	-2.2%	-7.0%	-5.8%	-6.0%	-5.4%	-4.3%	-3.1%	-0.3%	2.4%	2.36%
EPS 5Y	27.8%	28.3%	27.9%	27.0%	26.3%	25.8%	21.5%	18.7%	15.7%	9.9%	9.8%	8.0%	6.5%	8.0%	10.2%	12.3%	13.2%	11.9%	7.7%	4.7%	4.67%
Net Income 3Y	27.8%	27.3%	27.6%	27.5%	27.3%	28.4%	27.6%	28.4%	25.3%	12.6%	7.2%	-0.5%	-5.3%	-4.3%	-5.1%	-4.9%	-3.8%	-2.9%	-0.0%	2.7%	2.68%
Net Income 5Y	27.6%	28.2%	28.4%	27.6%	27.0%	26.6%	22.1%	19.4%	16.4%	10.6%	10.7%	9.2%	8.0%	9.6%	11.9%	14.4%	15.3%	13.8%	9.3%	5.8%	5.84%
EBITDA 3Y	29.3%	30.8%	31.1%	31.4%	29.1%	29.9%	29.4%	30.1%	27.1%	15.8%	10.7%	3.4%	-1.5%	-1.8%	-3.2%	-3.2%	-2.1%	-1.3%	1.1%	3.8%	3.76%
EBITDA 5Y	25.3%	25.9%	26.2%	25.7%	25.0%	24.5%	21.3%	19.3%	18.2%	14.2%	14.2%	13.2%	11.3%	11.8%	13.8%	16.1%	16.9%	15.3%	10.9%	7.3%	7.32%
Gross Profit 3Y	25.2%	27.8%	29.7%	29.9%	29.9%	31.1%	32.2%	34.7%	35.4%	31.2%	28.8%	21.9%	17.3%	15.1%	12.4%	11.9%	11.1%	10.3%	11.4%	5.8%	5.81%
Gross Profit 5Y	21.9%	23.0%	24.0%	23.9%	24.2%	24.6%	23.4%	22.9%	23.0%	21.9%	22.7%	22.8%	22.3%	22.4%	23.5%	24.9%	25.2%	24.0%	21.5%	13.7%	13.69%
Op. Income 3Y	28.7%	30.1%	30.4%	30.7%	28.8%	29.6%	29.0%	29.4%	26.6%	14.5%	9.1%	1.8%	-3.6%	-4.1%	-5.4%	-5.3%	-4.1%	-2.8%	-0.3%	2.7%	2.67%
Op. Income 5Y	25.0%	25.5%	25.7%	25.1%	24.4%	23.8%	20.4%	18.2%	17.1%	12.8%	12.9%	11.9%	9.8%	10.4%	12.4%	14.8%	15.7%	14.2%	9.6%	6.1%	6.08%
FCF 3Y	—	—	—	—	43.3%	45.5%	41.6%	17.7%	—	—	—	—	—	—	—	—	—	—	—	—	—
FCF 5Y	—	—	—	—	1.0%	41.2%	37.2%	18.0%	—	—	—	—	—	—	—	—	—	—	—	—	—
OCF 3Y	—	—	—	—	44.9%	46.3%	42.1%	20.9%	-41.8%	—	—	—	—	—	—	—	—	—	—	—	—
OCF 5Y	—	—	—	—	1.1%	42.4%	38.8%	21.1%	-24.5%	—	—	—	—	—	—	—	—	—	—	—	—
Assets 3Y	33.5%	34.3%	36.5%	37.7%	38.0%	36.2%	34.6%	28.8%	28.6%	24.8%	21.1%	18.0%	14.9%	13.1%	11.1%	9.5%	9.6%	11.1%	11.6%	13.1%	13.14%
Assets 5Y	25.4%	26.6%	27.3%	28.5%	28.3%	27.2%	27.9%	26.1%	26.2%	25.1%	26.5%	26.1%	24.9%	24.7%	23.3%	22.1%	22.2%	20.5%	17.9%	15.0%	15.00%
Equity 3Y	22.0%	23.8%	22.6%	20.3%	19.8%	21.1%	22.6%	22.4%	21.2%	21.2%	18.5%	16.2%	13.9%	10.6%	11.4%	12.8%	13.8%	12.6%	11.3%	11.3%	11.32%
Book Value 3Y	22.6%	24.1%	21.8%	18.7%	17.7%	18.7%	20.0%	19.2%	18.0%	18.0%	15.6%	14.2%	12.0%	8.9%	10.3%	12.1%	13.1%	12.3%	11.0%	11.0%	10.98%
Dividend 3Y	4.0%	8.2%	11.5%	14.3%	11.3%	7.1%	3.4%	-0.3%	-1.4%	-1.6%	-1.5%	-0.9%	-0.7%	-0.5%	0.0%	0.4%	0.3%	1.2%	3.0%	2.1%	2.12%

Growth Quality

Metric	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	0.93	0.86	0.81	0.84	0.85	0.82	0.81	0.80	0.82	0.85	0.86	0.89	0.91	0.94	0.97	0.97	0.97	0.97	0.97	0.91	0.911
Earnings Stability	0.78	0.82	0.86	0.85	0.84	0.88	0.90	0.85	0.77	0.56	0.62	0.51	0.38	0.30	0.36	0.30	0.23	0.20	0.18	0.09	0.090
Margin Stability	0.91	0.94	0.94	0.90	0.91	0.93	0.90	0.85	0.83	0.83	0.82	0.79	0.78	0.78	0.80	0.81	0.81	0.81	0.79	0.74	0.741
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	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.50	0.50	0.50	0.50	1.00	1.00	1.00	1.000
FCF Positive Streak	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earnings Persistence	0.50	0.50	0.50	0.87	0.92	0.93	0.99	0.97	0.94	0.87	0.92	0.92	0.93	0.96	0.97	0.94	0.90	0.91	0.93	0.93	0.932
Earnings Smoothness	0.37	0.44	0.58	0.73	0.82	0.84	0.99	0.93	0.85	0.62	0.76	0.78	0.81	0.91	0.93	0.86	0.78	0.79	0.83	0.84	0.843
ROE Trend	0.04	0.02	0.03	0.04	0.04	0.03	-0.00	-0.03	-0.04	-0.07	-0.06	-0.06	-0.07	-0.04	-0.03	-0.02	-0.01	0.01	0.01	0.01	0.009
Gross Margin Trend	0.18	0.12	0.07	0.04	-0.01	-0.08	-0.19	-0.29	-0.31	-0.30	-0.25	-0.20	-0.16	-0.12	-0.07	-0.03	-0.00	0.03	0.01	-0.03	-0.029
FCF Margin Trend	-2.21	-1.86	-1.47	-0.28	1.38	1.14	0.83	0.66	0.48	0.21	-0.03	-0.29	-0.76	-0.87	-0.99	-0.74	-0.45	-0.19	0.23	0.20	0.197
Sustainable Growth Rate	19.0%	18.4%	18.4%	18.3%	17.8%	17.3%	15.0%	14.0%	13.0%	9.6%	10.0%	9.3%	8.7%	9.6%	9.6%	9.9%	10.2%	10.9%	10.5%	10.7%	10.67%
Internal Growth Rate	1.7%	1.7%	1.6%	1.5%	1.4%	1.5%	1.2%	1.1%	1.0%	0.8%	0.8%	0.8%	0.7%	0.8%	0.8%	0.8%	0.8%	0.9%	0.8%	0.9%	0.87%

Cash Flow Quality

Metric	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	-3.60	-2.95	-2.25	-0.58	2.04	2.12	2.06	1.30	0.14	-0.45	-1.31	-1.74	-2.48	-3.48	-5.05	-4.37	-3.59	-2.76	-1.60	-1.55	-1.545
FCF/OCF	1.01	1.03	1.04	1.18	0.94	0.94	0.93	0.87	-0.15	1.35	1.11	1.07	1.05	1.03	1.02	1.02	1.03	1.04	1.08	1.08	1.078
FCF/Net Income	snapshot only																				-1.667
OCF/EBITDA	snapshot only																				-1.118
CapEx/Revenue	1.4%	3.4%	3.8%	4.3%	4.7%	4.8%	4.4%	4.2%	3.5%	2.7%	2.3%	1.9%	1.7%	1.7%	1.6%	1.7%	1.8%	2.2%	2.2%	2.3%	2.34%
CapEx/Depreciation	snapshot only																				0.879
Accruals Ratio	0.09	0.08	0.06	0.03	-0.02	-0.02	-0.02	-0.00	0.01	0.02	0.02	0.03	0.03	0.05	0.06	0.05	0.05	0.04	0.03	0.03	0.027
Sloan Accruals	snapshot only																				0.711
Cash Flow Adequacy	snapshot only																				-4.893
Earnings Quality Score	snapshot only																				0.250

Dividends & Buybacks

Metric	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	1.1%	1.2%	1.8%	2.3%	2.5%	2.8%	4.7%	4.5%	3.6%	2.5%	2.6%	2.6%	1.9%	2.0%	2.1%	2.1%	1.9%	2.0%	2.5%	2.1%	2.20%
Dividend/Share	$1.09	$1.22	$1.34	$1.47	$1.52	$1.53	$1.55	$1.57	$1.57	$1.58	$1.59	$1.60	$1.60	$1.61	$1.62	$1.64	$1.64	$1.69	$1.80	$1.76	$1.68
Payout Ratio	13.3%	14.2%	15.1%	16.1%	16.2%	15.7%	17.5%	18.6%	19.6%	23.7%	22.8%	23.7%	24.4%	22.4%	22.0%	21.2%	20.0%	19.1%	20.5%	19.5%	19.46%
FCF Payout Ratio	—	—	—	—	8.4%	7.9%	9.2%	16.5%	—	—	—	—	—	—	—	—	—	—	—	—	—
Total Payout Ratio	13.3%	14.2%	15.1%	16.1%	16.2%	15.7%	17.5%	18.6%	19.6%	23.7%	22.8%	23.7%	24.4%	22.4%	22.0%	21.3%	21.3%	26.2%	32.9%	31.6%	31.64%
Div. Increase Streak	1	1	1	0	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Chowder Number	0.12	0.27	0.43	0.58	0.48	0.33	0.23	0.12	0.07	0.06	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.07	0.13	0.10	0.096
Buyback Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.1%	0.8%	1.5%	1.3%	1.34%
Net Buyback Yield	-5.6%	-8.1%	-8.9%	-9.5%	-6.4%	-2.6%	-1.7%	-1.3%	0.0%	-0.0%	-0.0%	-0.0%	-0.0%	-0.0%	-3.5%	-3.5%	-3.0%	-2.4%	1.5%	1.3%	1.34%
Total Shareholder Return	-4.5%	-6.9%	-7.1%	-7.2%	-3.9%	0.1%	2.9%	3.2%	3.6%	2.5%	2.6%	2.6%	1.9%	2.0%	-1.4%	-1.3%	-1.1%	-0.4%	4.1%	3.5%	3.49%

DuPont Factors

Metric	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)	0.80	0.80	0.80	0.80	0.80	0.80	0.80	0.80	0.80	0.77	0.77	0.76	0.76	0.79	0.80	0.81	0.81	0.80	0.80	0.80	0.803
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	1.000
EBIT Margin	0.59	0.56	0.53	0.52	0.49	0.45	0.37	0.31	0.27	0.22	0.22	0.21	0.19	0.20	0.20	0.21	0.21	0.23	0.22	0.24	0.240
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.05	0.05	0.06	0.06	0.06	0.06	0.06	0.06	0.07	0.06	0.06	0.06	0.06	0.06	0.06	0.055
Equity Multiplier	11.13	11.04	11.92	12.80	12.79	11.99	12.50	12.61	13.01	12.12	12.66	12.38	12.15	11.87	12.22	12.44	12.15	12.10	12.51	12.40	12.398

Per Share

Metric	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)	$8.15	$8.60	$8.88	$9.13	$9.36	$9.75	$8.86	$8.45	$8.00	$6.65	$6.95	$6.74	$6.56	$7.19	$7.39	$7.72	$8.19	$8.87	$8.77	$9.06	$9.06
Book Value/Share	$43.45	$47.49	$47.01	$46.05	$46.54	$49.41	$50.98	$52.49	$52.96	$55.92	$56.62	$58.06	$60.98	$61.25	$63.16	$64.91	$67.37	$70.02	$69.67	$71.75	$75.05
Tangible Book/Share	$31.77	$34.74	$31.55	$31.92	$30.54	$32.55	$36.33	$36.97	$35.40	$39.42	$39.71	$41.48	$45.71	$44.94	$45.85	$49.43	$50.39	$50.41	$49.89	$52.13	$52.13
Revenue/Share	$17.20	$19.28	$21.00	$22.06	$24.05	$27.18	$30.13	$34.27	$37.55	$39.18	$41.61	$42.91	$44.21	$45.78	$46.08	$46.41	$47.15	$48.44	$50.58	$46.97	$47.36
FCF/Share	$-29.59	$-26.06	$-20.79	$-6.26	$18.02	$19.41	$16.96	$9.52	$-0.18	$-4.07	$-10.06	$-12.55	$-17.02	$-25.81	$-38.06	$-34.56	$-30.27	$-25.56	$-15.13	$-15.10	$-15.23
OCF/Share	$-29.34	$-25.40	$-19.99	$-5.30	$19.15	$20.71	$18.28	$10.94	$1.15	$-3.02	$-9.10	$-11.74	$-16.25	$-25.04	$-37.31	$-33.77	$-29.42	$-24.51	$-14.02	$-14.00	$-14.12
Cash/Share	$70.27	$64.16	$24.82	$17.92	$14.96	$75.05	$42.08	$41.18	$61.90	$117.21	$92.79	$94.01	$70.07	$77.93	$63.97	$40.34	$144.78	$219.89	$169.22	$145.28	$146.49
EBITDA/Share	$10.58	$11.22	$11.67	$12.03	$12.30	$12.83	$11.85	$11.32	$10.79	$9.38	$9.83	$9.75	$9.59	$10.13	$10.30	$10.74	$11.33	$12.24	$12.13	$12.53	$12.53
Debt/Share	$21.01	$24.32	$17.65	$58.05	$68.18	$68.05	$156.34	$98.19	$90.46	$76.39	$66.87	$60.94	$37.00	$60.56	$47.47	$62.86	$42.87	$59.25	$62.54	$68.19	$68.19
Net Debt/Share	$-49.26	$-39.85	$-7.17	$40.13	$53.23	$-6.99	$114.27	$57.01	$28.56	$-40.82	$-25.92	$-33.07	$-33.07	$-17.37	$-16.50	$22.53	$-101.91	$-160.64	$-106.68	$-77.09	$-77.09

Academic Models

Metric	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-B Score	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2.501
Altman Z-Prime	snapshot only																				0.132
Piotroski F-Score	4	3	3	3	5	6	5	5	4	3	5	5	4	5	5	5	5	6	4	5	5
Beneish M-Score	-1.34	-1.38	-1.39	-1.88	-1.94	-1.76	-1.65	-1.53	-1.82	-2.10	-2.08	-2.21	-2.17	-2.08	-2.16	-2.20	-2.26	-2.14	-2.19	-2.22	-2.218
Ohlson O-Score	snapshot only																				-5.694
Net-Net WC	snapshot only																				$-819.83

Credit

Metric	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																				BBB-
Credit Score	57.35	57.28	52.61	49.76	56.52	56.49	49.98	53.17	51.99	54.93	51.09	47.42	46.77	51.07	50.98	50.56	54.95	60.97	51.79	51.98	51.982
Credit Grade	snapshot only																				10
Credit Trend	snapshot only																				1.424
Implied Spread (bps)	snapshot only																				350.000
Industry Credit Rank	snapshot only																				38
Sector Credit Rank	snapshot only																				37

WAL NYSE

Edge Score

Analyst Insights

Financial Rating

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

Executive Compensation

C-Suite Compensation

CEO Pay Ratio

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Scaling Efficiency

Sign in to InsiderStreet