CompanyGraph
What stands out
- Pays more per share than it earned over the last twelve months
At a glance
- Depends onMidstream position: 5 outgoing, 5 incoming connections
- ScaleMarket cap is $3.03B, above the global median of $1.15B
- PositionCurrent ratio is 0.12×, lower than 95% of its Asset Management peers (median 2.07×)
- Interpretations2 currently firing — 1 · 1
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Sign inWhat the company actually pays, and whether its own cash supports it.
What stands out
- Pays more per share than it earned over the last twelve months
Dividends view
Yield
11.63%Above 5Y avg (9.96%)
Annual Rate
USD 1.88Paid quarterly
Payout Ratio
105.0%High
Consecutive Growth
1 yr
Paying Dividends
22 yr
Payback Period
9.1 yr
Last Ex-Dividend
May 14, 2026
Last Payment
May 21, 2026
Screen for this company's dividend patterns
Find other companies where the same dividend readings fire.
Three-Year Dividend Growth With Elevated Dividends-to-FCF And Dividend-Stress Composite Firing
→common dividends to free cash flow
dividend growth rate standard
dividends exceed fcf
1 interpretation 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 return capital?
Diagnostic
Three-Year Dividend Growth With Elevated Dividends-to-FCF And Dividend-Stress Composite Firing
The dividend keeps rising — but for years it has cost more than the free cash flow that funds it.
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.
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
3.03BUSDvs all stocks (USD)
Trailing P/E
9.15xvs Asset Management peers
Revenue (TTM)
554.52MUSDvs all stocks (USD)
Profit Margin
59.85%vs Asset Management peers
Beta
0.7380xvs all stocks
52-Week Change
-15.43%vs all stocks
Forward Annual Dividend Yield
11.63%vs all stocks
Market Capitalization
3.03BUSDvs all stocks (USD)
Enterprise Value
5.48BUSDvs all stocks (USD)
Trailing P/E
9.15xvs Asset Management peers
Forward P/E
8.29xvs Asset Management peers
PEG Ratio
-0.4420xvs Asset Management peers
Price to Sales (TTM)
5.52xvs Asset Management peers
Price to Book (MRQ)
1.36xvs Asset Management peers
Enterprise to Revenue
9.89xvs Asset Management peers
Enterprise to EBITDA
11.80xvs Asset Management peers
Profit Margin
59.85%vs Asset Management peers
Operating Margin
84.03%vs Asset Management peers
Return on Assets (TTM)
6.55%vs Asset Management peers
Return on Equity (TTM)
15.70%vs Asset Management peers
Revenue (TTM)
554.52MUSDvs all stocks (USD)
Revenue per Share (TTM)
3.08USDUpdated Jul 19, 2026Quarterly Revenue Growth
18.40%vs Asset Management peers
Gross Profit (TTM)
554.52MUSDvs all stocks (USD)
EBITDA (TTM)
464.62MUSDvs all stocks (USD)
Net Income (TTM)
329.11MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
-15.60%vs Asset Management peers
Operating Cash Flow (TTM)
-434.24MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
247.84MUSDvs all stocks (USD)
Forward Annual Dividend Rate
1.88USDUpdated Jul 19, 2026Forward Annual Dividend Yield
11.63%vs all stocks
Trailing Annual Dividend Rate
1.88USDUpdated Jul 19, 2026Trailing Annual Dividend Yield
11.63%vs all stocks
5-Year Average Dividend Yield
9.96%vs all stocks
Payout Ratio
105.03%vs Asset Management peers
Revenue
438.52MUSDFY2025 · Dec 31, 2025Pre-tax Income
339.74MUSDFY2025 · Dec 31, 2025Net Income
339.74MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
19.03MUSDFY2025 · Dec 31, 2025Other Operating Expenses
1.75MUSDFY2025 · Dec 31, 2025EPS (Basic)
1.90USDFY2025 · Dec 31, 2025EPS (Diluted)
1.85USDFY2025 · Dec 31, 2025Basic Shares Outstanding
177.39MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
177.39MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
339.74MUSDFY2025 · Dec 31, 2025Preferred Stock Dividends
2.71MUSDFY2025 · Dec 31, 2025Operating Cash Flow
292.45MUSDFY2025 · Dec 31, 2025Free Cash Flow
292.37MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
59.45MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
339.74MUSDFY2025 · Dec 31, 2025Other Non-cash Items
-45.14MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-5.34MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
3.19MUSDFY2025 · Dec 31, 2025Capital Expenditures
-89.00KUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
-89.00KUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
2.00BUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-1.48BUSDFY2025 · Dec 31, 2025Common Stock Repurchase
-6.49MUSDFY2025 · Dec 31, 2025Common Dividends Paid
-325.99MUSDFY2025 · Dec 31, 2025Other Financing Charges
0.00USDFY2025 · Dec 31, 2025Net Financing Cash Flow
385.83MUSDFY2025 · Dec 31, 2025Shares Outstanding
187.17MSharesUpdated Jul 19, 2026Float Shares
171.26MSharesUpdated Jul 19, 2026Shares Short
11.53MSharesUpdated Jul 19, 2026Short Ratio
8.54daysvs all stocks
Short % of Shares Outstanding
6.28%vs all stocks
% Held by Insiders
1.97%vs all stocks
% Held by Institutions
34.06%vs all stocks
Total Cash (MRQ)
42.37MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
0.2300USDUpdated Jul 19, 2026Total Debt (MRQ)
2.55BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
1.15xvs Asset Management peers
Current Ratio (MRQ)
0.1180xvs Asset Management peers
Book Value per Share (MRQ)
12.07USDUpdated Jul 19, 2026Total Assets
4.58BUSDvs all stocks (USD)
Total Liabilities
2.37BUSDFY2025 · Dec 31, 2025Cash
56.99MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
56.99MUSDFY2025 · Dec 31, 2025Accounts Payable
65.26MUSDFY2025 · Dec 31, 2025Long-term Debt
2.30BUSDFY2025 · Dec 31, 2025Common Stock (Book)
183.00KUSDFY2025 · Dec 31, 2025Retained Earnings
101.15MUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
2.22BUSDvs all stocks (USD)
52-Week Low
13.70USDUpdated Jul 19, 202652-Week High
19.67USDUpdated Jul 19, 202652-Week Change
-15.43%vs all stocks
Beta
0.7380xvs all stocks
50-Day MA
15.69USDUpdated Jul 19, 2026200-Day MA
16.66USDUpdated Jul 19, 2026Avg 10-Day Volume
1.32MSharesUpdated Jul 19, 2026Avg 30-Day Volume
1.31MSharesUpdated Jul 19, 2026Diluted EPS (TTM)
1.79USDUpdated Jul 19, 20261 interpretation 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?
Debt Financing Activity
More cash moved through borrowing and repaying than through the business itself, and most of its debt is long-term.
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
Current ratio is 0.12×, lower than 95% of its Asset Management peers (median 2.07×)Significant
Current ratio: 0.12Industry median: 2.07Industry P5: 0.97Peers compared: 59.00
Structural Tensions
Pays more per share than it earned over the last twelve monthsSignificant
Payout Ratio: 1.05Dividend per Share: 1.88Earnings per Share: 1.79
Financial Health
High earnings qualityNotable
Earnings Quality Score: 0.94
Supply Chain
Midstream position: 5 outgoing, 5 incoming connectionsNotable
Outgoing: 5.00Incoming: 5.00
High connectivity hub: 10 industry connectionsNotable
Total Connections: 10.00
Scale
Market cap is $3.03B, above the global median of $1.15BNotable
Market cap (USD): 3,025,707,600Global Median: 1,146,734,693.424
Revenue is $554.52M, above the global median of $520.53MNotable
Revenue (USD): 554,518,016Global Median: 520,528,949.311
Levered free cash flow is $247.84M, above the global median of $16.24MNotable
Levered free cash flow (USD): 247,843,504Global Median: 16,239,329.704
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