CompanyGraph
What stands out
- Returns appear driven by leverage
- Most companies in its industry are interface businesses; this one is a rule-setting business
At a glance
- Depends onMidstream position: 5 outgoing, 4 incoming connections
- PositionReturn on equity is 71.4%, higher than 95% of its Financial Data & Stock Exchanges peers (median 16.8%)
- FinancialsHigh earnings quality
- Interpretations4 currently firing — 4
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are interface 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
0.81%Above 5Y avg (0.80%)
Annual Rate
USD 4.12Paid quarterly
Payout Ratio
27.6%Sustainable
Consecutive Growth
14 yrStrong track record
Paying Dividends
27 yr
Last Ex-Dividend
May 15, 2026
Last Payment
Jun 5, 2026
The reported statements, read against the company's own industry.
What stands out
- Returns appear driven by leverage
Financials view
Market Capitalization
89.24BUSDvs all stocks (USD)
Trailing P/E
37.18xvs Financial Data & Stock Exchanges peers
Revenue (TTM)
7.87BUSDvs all stocks (USD)
Profit Margin
31.69%vs Financial Data & Stock Exchanges peers
Beta
1.33xvs all stocks
52-Week Change
2.14%vs all stocks
Forward Annual Dividend Yield
0.81%vs all stocks
Market Capitalization
89.24BUSDvs all stocks (USD)
Enterprise Value
96.70BUSDvs all stocks (USD)
Trailing P/E
37.18xvs Financial Data & Stock Exchanges peers
Forward P/E
27.84xvs Financial Data & Stock Exchanges peers
PEG Ratio
4.78xvs Financial Data & Stock Exchanges peers
Price to Sales (TTM)
11.52xvs Financial Data & Stock Exchanges peers
Price to Book (MRQ)
30.28xvs Financial Data & Stock Exchanges peers
Enterprise to Revenue
12.28xvs Financial Data & Stock Exchanges peers
Enterprise to EBITDA
25.36xvs Financial Data & Stock Exchanges peers
Gross Margin
74.46%vs Financial Data & Stock Exchanges peers
Profit Margin
31.69%vs Financial Data & Stock Exchanges peers
Operating Margin
45.74%vs Financial Data & Stock Exchanges peers
Return on Assets (TTM)
14.82%vs Financial Data & Stock Exchanges peers
Return on Equity (TTM)
71.36%vs Financial Data & Stock Exchanges peers
Revenue (TTM)
7.87BUSDvs all stocks (USD)
Revenue per Share (TTM)
44.16USDUpdated Jul 19, 2026Quarterly Revenue Growth
8.10%vs Financial Data & Stock Exchanges peers
Gross Profit (TTM)
5.86BUSDvs all stocks (USD)
EBITDA (TTM)
4.12BUSDvs all stocks (USD)
Net Income (TTM)
2.50BUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
5.80%vs Financial Data & Stock Exchanges peers
Operating Cash Flow (TTM)
3.08BUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
2.27BUSDvs all stocks (USD)
Forward Annual Dividend Rate
4.12USDUpdated Jul 19, 2026Forward Annual Dividend Yield
0.81%vs all stocks
Trailing Annual Dividend Rate
3.94USDUpdated Jul 19, 2026Trailing Annual Dividend Yield
0.77%vs all stocks
5-Year Average Dividend Yield
0.80%vs all stocks
Payout Ratio
27.62%vs Financial Data & Stock Exchanges peers
Minority Interest (Equity)
151.00MUSDFY2025 · Dec 31, 2025Revenue
7.72BUSDFY2025 · Dec 31, 2025Cost of Goods Sold
1.97BUSDFY2025 · Dec 31, 2025Gross Profit
5.75BUSDFY2025 · Dec 31, 2025Operating Income
3.46BUSDvs all stocks (USD)
Pre-tax Income
3.13BUSDFY2025 · Dec 31, 2025Income Tax Expense
668.00MUSDFY2025 · Dec 31, 2025Net Income
2.46BUSDFY2025 · Dec 31, 2025EBIT
3.41BUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
4.06BUSDFY2025 · Dec 31, 2025Selling, General & Administrative
1.80BUSDFY2025 · Dec 31, 2025Non-operating Interest Income
68.00MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
281.00MUSDFY2025 · Dec 31, 2025EPS (Basic)
13.73USDFY2025 · Dec 31, 2025EPS (Diluted)
13.67USDFY2025 · Dec 31, 2025Basic Shares Outstanding
179.10MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
179.10MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
2.46BUSDFY2025 · Dec 31, 2025Minority Interests (P&L)
-3.00MUSDFY2025 · Dec 31, 2025Operating Cash Flow
2.97BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
2.38BUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
2.46BUSDFY2025 · Dec 31, 2025Depreciation & Amortization
480.00MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
-17.00MUSDFY2025 · Dec 31, 2025Stock-based Compensation
232.00MUSDFY2025 · Dec 31, 2025Other Non-cash Items
9.00MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-203.00MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
4.00MUSDFY2025 · Dec 31, 2025Net Acquisitions
-206.00MUSDFY2025 · Dec 31, 2025Purchase of Investments
-188.00MUSDFY2025 · Dec 31, 2025Sale of Investments
722.00MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
328.00MUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
0.00USDFY2025 · Dec 31, 2025Long-term Debt Payments
-700.00MUSDFY2025 · Dec 31, 2025Common Stock Repurchase
-1.71BUSDFY2025 · Dec 31, 2025Common Dividends Paid
-701.00MUSDFY2025 · Dec 31, 2025Other Financing Charges
-5.00MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
-3.11BUSDFY2025 · Dec 31, 2025Shares Outstanding
174.68MSharesUpdated Jul 19, 2026Float Shares
160.02MSharesUpdated Jul 19, 2026Shares Short
2.96MSharesUpdated Jul 19, 2026Short Ratio
2.71daysvs all stocks
Short % of Shares Outstanding
1.97%vs all stocks
% Held by Insiders
14.25%vs all stocks
% Held by Institutions
80.88%vs all stocks
Total Cash (MRQ)
1.51BUSDvs all stocks (USD)
Total Cash per Share (MRQ)
8.64USDUpdated Jul 19, 2026Total Debt (MRQ)
7.40BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
2.36xvs Financial Data & Stock Exchanges peers
Current Ratio (MRQ)
1.16xvs Financial Data & Stock Exchanges peers
Book Value per Share (MRQ)
17.14USDUpdated Jul 19, 2026Total Assets
10.64BUSDvs all stocks (USD)
Total Liabilities
11.63BUSDFY2025 · Dec 31, 2025Total Non-current Assets
10.64BUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
8.64BUSDFY2025 · Dec 31, 2025Total Current Liabilities
2.98BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
2.38BUSDFY2025 · Dec 31, 2025Other Short-term Investments
64.00MUSDFY2025 · Dec 31, 2025Accounts Receivable
2.02BUSDFY2025 · Dec 31, 2025Accounts Payable
62.00MUSDFY2025 · Dec 31, 2025Short-term Debt
95.00MUSDFY2025 · Dec 31, 2025Deferred Revenue
1.75BUSDFY2025 · Dec 31, 2025Other Current Liabilities
36.00MUSDFY2025 · Dec 31, 2025Long-term Debt
7.26BUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
41.00MUSDFY2025 · Dec 31, 2025Common Stock (Book)
3.00MUSDFY2025 · Dec 31, 2025Retained Earnings
17.85BUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
4.21BUSDvs all stocks (USD)
Treasury Stock
14.98BUSDFY2025 · Dec 31, 202552-Week Low
402.28USDUpdated Jul 19, 202652-Week High
546.88USDUpdated Jul 19, 202652-Week Change
2.14%vs all stocks
Beta
1.33xvs all stocks
50-Day MA
458.64USDUpdated Jul 19, 2026200-Day MA
471.57USDUpdated Jul 19, 2026Avg 10-Day Volume
689.97KSharesUpdated Jul 19, 2026Avg 30-Day Volume
966.19KSharesUpdated Jul 19, 2026Diluted EPS (TTM)
13.96USDUpdated Jul 19, 2026Other Income / Expense
-119.00MUSDFY2025 · Dec 31, 20254 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
Rising Operating Income With Low Depreciation on a Capital-Heavy Balance Sheet
Operating income rose four years, with small depreciation on a capital-heavy balance sheet.
Reads
Three Asset-Base Ratios Elevated
It gets more sales from its assets than its industry does, and a lot of profit from them too.
Reads
Industry-Benchmarked Return on Capital Elevated
It earns more on its assets and its equity than its industry, and gets more sales from those assets.
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
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
Return on equity is 71.4%, higher than 95% of its Financial Data & Stock Exchanges peers (median 16.8%)Significant
Return on equity: 0.71Industry median: 0.17Industry P95: 0.42Peers compared: 31.00
Debt-to-equity is 2.36×, higher than 95% of its Financial Data & Stock Exchanges peers (median 0.38×)Significant
Debt-to-equity: 2.36Industry median: 0.38Industry P95: 1.09Peers compared: 31.00
Price-to-book is 30.28×, higher than 95% of its Financial Data & Stock Exchanges peers (median 4.24×)Significant
Price-to-book: 30.28Industry median: 4.24Industry P95: 21.93Peers compared: 31.00
Structural Tensions
Returns appear driven by leverageSignificant
Return on Equity: 0.71Debt-to-Equity: 2.36
Most companies in its industry are interface businesses; this one is a rule-setting businessSignificant
Industry peers: 28.00Share on the common pattern %: 82.00
Financial Health
High earnings qualityNotable
Earnings Quality Score: 0.75
Supply Chain
Midstream position: 5 outgoing, 4 incoming connectionsNotable
Outgoing: 5.00Incoming: 4.00
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Companies that share active interpretations — structural patterns currently present in both stocks.
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