CompanyGraph
What stands out
- Most companies in its industry are flow businesses; this one is a production business
At a glance
- Depends onMidstream position: 6 outgoing, 5 incoming connections
- ScaleMarket cap is $122.2B, higher than 95% of all stocks globally
- PositionOperating margin is 34.9%, higher than 95% of its Industrial Distribution peers (median 7.3%)
- 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 flow businesses; this one is a production business
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
5.94%Below 5Y avg (7.40%)
Annual Rate
GBP 2.45Paid quarterly
Payout Ratio
83.4%Moderate
Payback Period
17.0 yr
Next Ex-Dividend
Oct 1, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
89.67BGBP122.20B · vs all stocks (USD)
Trailing P/E
14.32xvs Industrial Distribution peers
Revenue (TTM)
25.78BGBP35.13B · vs all stocks (USD)
Profit Margin
24.99%vs Industrial Distribution peers
Beta
0.1250xvs all stocks
52-Week Change
-4.38%vs all stocks
Forward Annual Dividend Yield
5.94%vs all stocks
Market Capitalization
89.67BGBP122.20B · vs all stocks (USD)
Enterprise Value
122.83BGBP167.39B · vs all stocks (USD)
Trailing P/E
14.32xvs Industrial Distribution peers
Forward P/E
10.70xvs Industrial Distribution peers
Price to Sales (TTM)
3.48xvs Industrial Distribution peers
Price to Book (MRQ)
1.94xvs Industrial Distribution peers
Enterprise to Revenue
4.76xvs Industrial Distribution peers
Enterprise to EBITDA
10.97xvs Industrial Distribution peers
Profit Margin
24.99%vs Industrial Distribution peers
Operating Margin
34.91%vs Industrial Distribution peers
Return on Assets (TTM)
5.12%vs Industrial Distribution peers
Return on Equity (TTM)
13.42%vs Industrial Distribution peers
Revenue (TTM)
25.78BGBP35.13B · vs all stocks (USD)
Revenue per Share (TTM)
11.87GBPUpdated Aug 21, 2026Quarterly Revenue Growth
1.40%vs Industrial Distribution peers
Gross Profit (TTM)
21.32BGBP29.06B · vs all stocks (USD)
EBITDA (TTM)
15.89BGBP21.65B · vs all stocks (USD)
Net Income (TTM)
6.35BGBP8.65B · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-29.30%vs Industrial Distribution peers
Operating Cash Flow (TTM)
7.43BGBP10.13B · vs all stocks (USD)
Levered Free Cash Flow (TTM)
3.53BGBP4.80B · vs all stocks (USD)
Forward Annual Dividend Rate
2.45GBPUpdated Aug 21, 2026Forward Annual Dividend Yield
5.94%vs all stocks
Trailing Annual Dividend Rate
2.43GBPUpdated Aug 21, 2026Trailing Annual Dividend Yield
5.88%vs all stocks
5-Year Average Dividend Yield
7.40%vs all stocks
Payout Ratio
83.44%vs Industrial Distribution peers
Minority Interest (Equity)
219.00MGBPFY2025 · Dec 31, 2025Revenue
25.61BGBPFY2025 · Dec 31, 2025Cost of Goods Sold
4.23BGBPFY2025 · Dec 31, 2025Gross Profit
21.38BGBPFY2025 · Dec 31, 2025Operating Income
11.66BGBP15.89B · vs all stocks (USD)
Pre-tax Income
9.86BGBPFY2025 · Dec 31, 2025Income Tax Expense
2.09BGBPFY2025 · Dec 31, 2025Net Income
7.76BGBPFY2025 · Dec 31, 2025EBIT
11.79BGBPFY2025 · Dec 31, 2025EBITDA (Income Statement)
15.89BGBPFY2025 · Dec 31, 2025Research & Development
133.00MGBPFY2025 · Dec 31, 2025Selling, General & Administrative
1.12BGBPFY2025 · Dec 31, 2025Other Operating Expenses
3.27BGBPFY2025 · Dec 31, 2025Non-operating Interest Income
214.00MGBPFY2025 · Dec 31, 2025Non-operating Interest Expense
1.93BGBPFY2025 · Dec 31, 2025EPS (Basic)
3.51GBPFY2025 · Dec 31, 2025EPS (Diluted)
3.49GBPFY2025 · Dec 31, 2025Basic Shares Outstanding
2.19BSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
2.19BSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
7.76BGBPFY2025 · Dec 31, 2025Minority Interests (P&L)
-1.00MGBPFY2025 · Dec 31, 2025Preferred Stock Dividends
87.00MGBPFY2025 · Dec 31, 2025Operating Cash Flow
9.51BGBPFY2025 · Dec 31, 2025Free Cash Flow
9.00BGBPFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
3.79BGBPFY2025 · Dec 31, 2025Starting Profit (CF Statement)
7.76BGBPFY2025 · Dec 31, 2025Other Non-cash Items
1.93BGBPFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-295.00MGBPFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
112.00MGBPFY2025 · Dec 31, 2025Capital Expenditures
-514.00MGBPFY2025 · Dec 31, 2025Net Intangibles (CF)
-122.00MGBPFY2025 · Dec 31, 2025Net Acquisitions
1.03BGBPFY2025 · Dec 31, 2025Purchase of Investments
-54.00MGBPFY2025 · Dec 31, 2025Sale of Investments
848.00MGBPFY2025 · Dec 31, 2025Other Investing Activity
1.00MGBPFY2025 · Dec 31, 2025Net Investing Cash Flow
1.31BGBPFY2025 · Dec 31, 2025Long-term Debt Issuance
3.81BGBPFY2025 · Dec 31, 2025Long-term Debt Payments
-3.93BGBPFY2025 · Dec 31, 2025Common Stock Repurchase
-1.17BGBPFY2025 · Dec 31, 2025Common Dividends Paid
-5.24BGBPFY2025 · Dec 31, 2025Other Financing Charges
-231.00MGBPFY2025 · Dec 31, 2025Net Financing Cash Flow
-6.76BGBPFY2025 · Dec 31, 2025Shares Outstanding
2.16BSharesUpdated Aug 21, 2026Float Shares
1.97BSharesUpdated Aug 21, 2026% Held by Insiders
6.60%vs all stocks
% Held by Institutions
56.12%vs all stocks
Total Cash (MRQ)
2.53BGBP3.45B · vs all stocks (USD)
Total Cash per Share (MRQ)
1.17GBPUpdated Aug 21, 2026Total Debt (MRQ)
35.06BGBP47.78B · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.7215xvs Industrial Distribution peers
Current Ratio (MRQ)
0.8350xvs Industrial Distribution peers
Book Value per Share (MRQ)
21.47GBPUpdated Aug 21, 2026Total Assets
109.29BGBP148.94B · vs all stocks (USD)
Total Current Assets
12.68BGBPFY2025 · Dec 31, 2025Total Liabilities
61.15BGBPFY2025 · Dec 31, 2025Total Non-current Assets
96.61BGBPFY2025 · Dec 31, 2025Total Non-current Liabilities
46.62BGBPFY2025 · Dec 31, 2025Total Current Liabilities
14.52BGBPFY2025 · Dec 31, 2025Cash & Cash Equivalents
3.49BGBPFY2025 · Dec 31, 2025Other Short-term Investments
16.00MGBPFY2025 · Dec 31, 2025Accounts Receivable
3.80BGBPFY2025 · Dec 31, 2025Inventory
4.38BGBPFY2025 · Dec 31, 2025Accounts Payable
9.33BGBPFY2025 · Dec 31, 2025Short-term Debt
3.36BGBPFY2025 · Dec 31, 2025Long-term Debt
31.71BGBPFY2025 · Dec 31, 2025Common Stock (Book)
577.00MGBPFY2025 · Dec 31, 2025Retained Earnings
27.31BGBPFY2025 · Dec 31, 2025Total Shareholders' Equity
48.15BGBP65.61B · vs all stocks (USD)
Treasury Stock
4.38BGBPFY2025 · Dec 31, 202552-Week Low
3.68KGBXUpdated Aug 21, 202652-Week High
5.37KGBXUpdated Aug 21, 202652-Week Change
-4.38%vs all stocks
Beta
0.1250xvs all stocks
50-Day MA
4.49KGBXUpdated Aug 21, 2026200-Day MA
4.41KGBXUpdated Aug 21, 2026Avg 10-Day Volume
2.85MSharesUpdated Aug 21, 2026Avg 30-Day Volume
3.14MSharesUpdated Aug 21, 2026Diluted EPS (TTM)
2.91GBPUpdated Aug 21, 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 patternsIs this company financially stable?
Intangible Concentration
Much of what it owns is goodwill from past deals, large next to its equity.
Reads
How does this company use capital?
Cash-Flow Ratios Elevated
More of its sales turn into cash than in its industry, and less of that cash is consumed by reinvestment than at most of its peers.
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
Three Margin Ratios Elevated Across Gross, Operating, And Cash-Conversion Levels
Its gross margin and its cash margin are high for its industry, and its operating margin is high outright.
Reads
Three Margin Ratios Elevated Across Gross, Operating, And Net Levels
Its gross and net margins are high for its industry, and its operating margin is high outright.
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
Operating margin is 34.9%, higher than 95% of its Industrial Distribution peers (median 7.3%)Significant
Operating margin: 0.35Industry median: 0.07Industry P95: 0.18Peers compared: 47.00
Profit margin is 25%, higher than 95% of its Industrial Distribution peers (median 5.1%)Significant
Profit margin: 0.25Industry median: 0.05Industry P95: 0.15Peers compared: 47.00
Current ratio is 0.84×, lower than 95% of its Industrial Distribution peers (median 2.34×)Significant
Current ratio: 0.83Industry median: 2.34Industry P5: 1.30Peers compared: 47.00
Structural Tensions
Most companies in its industry are flow businesses; this one is a production businessSignificant
Industry peers: 50.00Share on the common pattern %: 88.00
Financial Health
Altman Z-Score 1.8: grey zoneSignificant
Altman Z-Score: 1.80
High earnings qualityNotable
Earnings Quality Score: 1.05
Supply Chain
Midstream position: 6 outgoing, 5 incoming connectionsNotable
Outgoing: 6.00Incoming: 5.00
High connectivity hub: 11 industry connectionsNotable
Total Connections: 11.00
Scale
Market cap is $122.2B, higher than 95% of all stocks globallySignificant
Market cap (USD): 122,199,621,326.698Global P95: 25,614,208,870.135
Revenue is $35.13B, higher than 95% of all stocks globallySignificant
Revenue (USD): 35,127,276,435.497Global P95: 14,667,937,174.886
Levered free cash flow is $4.8B, higher than 95% of all stocks globallySignificant
Levered free cash flow (USD): 4,804,345,763.543Global P95: 1,123,592,359.78
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