CompanyGraph
What stands out
- Most companies in its industry are sense-making businesses; this one is a rule-setting business
At a glance
- Depends onMidstream position: 5 outgoing, 6 incoming connections
- ScaleMarket cap is $14.09B, above the global median of $1.15B
- PositionDebt-to-equity is 1.79×, higher than 95% of its Consulting Services peers (median 0.44×)
- Interpretations5 currently firing — 5
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are sense-making businesses; this one is a rule-setting business
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
3.37%Above 5Y avg (2.58%)
Annual Rate
EUR 0.92Paid annual
Payout Ratio
81.4%Moderate
Payback Period
29.9 yr
Last Ex-Dividend
May 26, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
12.18BEUR14.09B · vs all stocks (USD)
Trailing P/E
24.45xvs Consulting Services peers
Revenue (TTM)
6.75BEUR7.81B · vs all stocks (USD)
Profit Margin
7.46%vs Consulting Services peers
Beta
0.7380xvs all stocks
52-Week Change
-0.51%vs all stocks
Market Capitalization
12.18BEUR14.09B · vs all stocks (USD)
Enterprise Value
14.39BEUR16.66B · vs all stocks (USD)
Trailing P/E
24.45xvs Consulting Services peers
Forward P/E
16.95xvs Consulting Services peers
Price to Sales (TTM)
1.88xvs Consulting Services peers
Price to Book (MRQ)
7.40xvs Consulting Services peers
Enterprise to Revenue
2.13xvs Consulting Services peers
Enterprise to EBITDA
11.75xvs Consulting Services peers
Profit Margin
7.46%vs Consulting Services peers
Operating Margin
12.77%vs Consulting Services peers
Return on Assets (TTM)
9.71%vs Consulting Services peers
Return on Equity (TTM)
32.93%vs Consulting Services peers
Revenue (TTM)
6.75BEUR7.81B · vs all stocks (USD)
Revenue per Share (TTM)
15.21EURUpdated Aug 19, 2026Quarterly Revenue Growth
2.00%vs Consulting Services peers
Gross Profit (TTM)
1.98BEUR2.29B · vs all stocks (USD)
EBITDA (TTM)
1.22BEUR1.41B · vs all stocks (USD)
Net Income (TTM)
503.60MEUR582.92M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-26.20%vs Consulting Services peers
Operating Cash Flow (TTM)
986.10MEUR1.14B · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-12.26MEUR-14.19M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.9200EURUpdated Aug 19, 2026Trailing Annual Dividend Yield
3.37%vs all stocks
5-Year Average Dividend Yield
2.58%vs all stocks
Payout Ratio
81.42%vs Consulting Services peers
Minority Interest (Equity)
42.20MEURFY2025 · Dec 31, 2025Revenue
6.47BEURFY2025 · Dec 31, 2025Cost of Goods Sold
1.79BEURFY2025 · Dec 31, 2025Gross Profit
4.67BEURFY2025 · Dec 31, 2025Operating Income
992.40MEUR1.15B · vs all stocks (USD)
Pre-tax Income
875.40MEURFY2025 · Dec 31, 2025Income Tax Expense
265.90MEURFY2025 · Dec 31, 2025Net Income
609.50MEURFY2025 · Dec 31, 2025EBIT
970.80MEURFY2025 · Dec 31, 2025EBITDA (Income Statement)
1.27BEURFY2025 · Dec 31, 2025Other Operating Expenses
200.00KEURFY2025 · Dec 31, 2025Non-operating Interest Income
21.40MEURFY2025 · Dec 31, 2025Non-operating Interest Expense
95.40MEURFY2025 · Dec 31, 2025EPS (Basic)
1.32EURFY2025 · Dec 31, 2025EPS (Diluted)
1.31EURFY2025 · Dec 31, 2025Basic Shares Outstanding
445.56MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
445.56MSharesFY2025 · Dec 31, 2025Minority Interests (P&L)
-21.50MEURFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00EURFY2025 · Dec 31, 2025Operating Cash Flow
875.40MEURFY2025 · Dec 31, 2025Free Cash Flow
733.60MEURFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
1.36BEURFY2025 · Dec 31, 2025Starting Profit (CF Statement)
875.40MEURFY2025 · Dec 31, 2025Capital Expenditures
-141.80MEURFY2025 · Dec 31, 2025Net Acquisitions
30.10MEURFY2025 · Dec 31, 2025Purchase of Investments
-11.90MEURFY2025 · Dec 31, 2025Sale of Investments
8.90MEURFY2025 · Dec 31, 2025Net Investing Cash Flow
-114.70MEURFY2025 · Dec 31, 2025Long-term Debt Issuance
698.90MEURFY2025 · Dec 31, 2025Long-term Debt Payments
-533.00MEURFY2025 · Dec 31, 2025Common Stock Repurchase
-190.70MEURFY2025 · Dec 31, 2025Common Dividends Paid
-430.00MEURFY2025 · Dec 31, 2025Other Financing Charges
-35.60MEURFY2025 · Dec 31, 2025Net Financing Cash Flow
-477.00MEURFY2025 · Dec 31, 2025Shares Outstanding
443.65MSharesUpdated Aug 19, 2026Float Shares
343.85MSharesUpdated Aug 19, 2026% Held by Insiders
0.72%vs all stocks
% Held by Institutions
68.33%vs all stocks
Total Cash (MRQ)
942.10MEUR1.09B · vs all stocks (USD)
Total Cash per Share (MRQ)
2.12EURUpdated Aug 19, 2026Total Debt (MRQ)
3.04BEUR3.52B · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.79xvs Consulting Services peers
Current Ratio (MRQ)
1.29xvs Consulting Services peers
Book Value per Share (MRQ)
3.73EURUpdated Aug 19, 2026Total Assets
7.06BEUR8.18B · vs all stocks (USD)
Total Current Assets
3.36BEURFY2025 · Dec 31, 2025Total Liabilities
5.31BEURFY2025 · Dec 31, 2025Total Non-current Assets
3.70BEURFY2025 · Dec 31, 2025Total Non-current Liabilities
3.11BEURFY2025 · Dec 31, 2025Total Current Liabilities
2.20BEURFY2025 · Dec 31, 2025Cash & Cash Equivalents
1.37BEURFY2025 · Dec 31, 2025Other Short-term Investments
9.80MEURFY2025 · Dec 31, 2025Accounts Receivable
1.62BEURFY2025 · Dec 31, 2025Accounts Payable
1.39BEURFY2025 · Dec 31, 2025Short-term Debt
347.90MEURFY2025 · Dec 31, 2025Long-term Debt
2.74BEURFY2025 · Dec 31, 2025Common Stock (Book)
54.50MEURFY2025 · Dec 31, 2025Retained Earnings
1.66BEURFY2025 · Dec 31, 2025Total Shareholders' Equity
1.75BEUR2.03B · vs all stocks (USD)
52-Week Low
24.58EURUpdated Aug 19, 202652-Week High
30.18EURUpdated Aug 19, 202652-Week Change
-0.51%vs all stocks
Beta
0.7380xvs all stocks
50-Day MA
26.98EURUpdated Aug 19, 2026200-Day MA
27.07EURUpdated Aug 19, 2026Avg 10-Day Volume
782.96KSharesUpdated Aug 19, 2026Avg 30-Day Volume
939.88KSharesUpdated Aug 19, 2026Diluted EPS (TTM)
1.13EURUpdated Aug 19, 20265 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Diagnostic
Elevated ROE With High Debt-to-Equity and Equity Multiplier
Return on equity reads high on a balance sheet carrying a lot of debt against that equity.
Reads
FCF Ratios Elevated
Its free cash flow is large next to assets and equity, and more of its operating cash reaches it than in its industry.
Reads
Industry-Benchmarked ROA and Margin Elevated
Returns and margins have sat in the top of its industry across five years.
Reads
ROE, ROA, And Operating ROA Elevated
It earns more on its equity than its industry does, and on its assets too — not on borrowing alone.
Reads
Is this company growing?
Multi-Year Revenue, Profit, And Income Growth
Revenue has risen in each of three years, gross profit in each of four, and it has made a profit in all five.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Debt-to-equity is 1.79×, higher than 95% of its Consulting Services peers (median 0.44×)Significant
Debt-to-equity: 1.79Industry median: 0.44Industry P95: 1.65Peers compared: 26.00
Structural Tensions
Most companies in its industry are sense-making businesses; this one is a rule-setting businessSignificant
Industry peers: 34.00Share on the common pattern %: 74.00
Financial Health
Altman Z-Score 3.27: safe zoneNotable
Altman Z-Score: 3.27
High earnings qualityNotable
Earnings Quality Score: 0.69
Supply Chain
Midstream position: 5 outgoing, 6 incoming connectionsNotable
Outgoing: 5.00Incoming: 6.00
High connectivity hub: 11 industry connectionsNotable
Total Connections: 11.00
Scale
Market cap is $14.09B, above the global median of $1.15BNotable
Market cap (USD): 14,094,874,715.055Global Median: 1,146,734,693.424
Revenue is $7.81B, above the global median of $520.53MNotable
Revenue (USD): 7,810,925,861.12Global Median: 520,528,949.311
Companies that share the same coordination system — how they create, deliver, or capture value.
Equifax Inc.
Tier 1RuleExpertise LeverageInterfaceSenseMaking
SGS SA
Tier 1RuleExpertise LeverageSenseMakingInterface
Centre Testing International Group Co., Ltd.
Tier 1RuleExpertise LeverageSenseMakingRisk
Grg Metrology & Test Group Co. Ltd.
Tier 1RuleExpertise LeverageSenseMakingProduction
My E.G. Services Berhad
Tier 1RuleExpertise LeverageInterfaceSenseMaking
China Testing & Certification Co., Ltd.
Tier 1RuleExpertise LeverageSenseMakingInterface
Verra Mobility Corporation
Tier 2RuleExpertise LeverageProductionInterface
Check Point Software Technologies Ltd.
Tier 3RuleRecurring-Revenue Lock-InProductionRisk
Spic Industry-Finance Holdings Co., Ltd.
Tier 3RuleRegulated Return InfrastructureRiskFlow
Intertek Group plc
Tier 3RuleUnit ReplicationSenseMakingFlow
Companies that share active interpretations — structural patterns currently present in both stocks.
Max Stock Ltd.
5 interpretationsFCF Ratios ElevatedROE, ROA, And Operating ROA ElevatedElevated ROE With High Debt-to-Equity and Equity MultiplierMulti-Year Revenue, Profit, And Income GrowthIndustry-Benchmarked ROA and Margin Elevated
Dollarama Inc.
5 interpretationsFCF Ratios ElevatedROE, ROA, And Operating ROA ElevatedElevated ROE With High Debt-to-Equity and Equity MultiplierMulti-Year Revenue, Profit, And Income GrowthIndustry-Benchmarked ROA and Margin Elevated
IMI plc
4 interpretationsFCF Ratios ElevatedROE, ROA, And Operating ROA ElevatedMulti-Year Revenue, Profit, And Income GrowthIndustry-Benchmarked ROA and Margin Elevated