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
- FinancialsHigh earnings quality
- Interpretations2 currently firing — 2
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
0.87%Above 5Y avg (0.80%)
Annual Rate
USD 4.12Paid quarterly
Payout Ratio
24.6%Sustainable
Consecutive Growth
14 yrStrong track record
Paying Dividends
27 yr
Last Ex-Dividend
Aug 14, 2026
Next Payment
Dec 11, 2026
The reported statements, read against the company's own industry.
What stands out
- Returns appear driven by leverage
Financials view
Market Capitalization
81.73BUSDvs all stocks (USD)
Trailing P/E
30.74xRevenue (TTM)
8.18BUSDvs all stocks (USD)
Profit Margin
35.26%Beta
1.35xvs all stocks
52-Week Change
-3.42%vs all stocks
Forward Annual Dividend Yield
0.87%vs all stocks
Market Capitalization
81.73BUSDvs all stocks (USD)
Enterprise Value
89.50BUSDvs all stocks (USD)
Trailing P/E
30.74xForward P/E
25.82xPEG Ratio
0.5438xPrice to Sales (TTM)
10.22xPrice to Book (MRQ)
27.74xEnterprise to Revenue
10.95xEnterprise to EBITDA
22.10xGross Margin
76.29%Profit Margin
35.26%Operating Margin
46.27%Return on Assets (TTM)
15.56%Return on Equity (TTM)
76.74%Revenue (TTM)
8.18BUSDvs all stocks (USD)
Revenue per Share (TTM)
46.61USDUpdated Oct 28, 2026Quarterly Revenue Growth
0.80%Gross Profit (TTM)
6.10BUSDvs all stocks (USD)
EBITDA (TTM)
4.35BUSDvs all stocks (USD)
Net Income (TTM)
2.88BUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
13.60%Operating Cash Flow (TTM)
3.33BUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
2.53BUSDvs all stocks (USD)
Forward Annual Dividend Rate
4.12USDUpdated Oct 28, 2026Forward Annual Dividend Yield
0.87%vs all stocks
Trailing Annual Dividend Rate
4.03USDUpdated Oct 28, 2026Trailing Annual Dividend Yield
0.85%vs all stocks
5-Year Average Dividend Yield
0.80%vs all stocks
Payout Ratio
24.59%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
173.18MSharesUpdated Oct 28, 2026Float Shares
157.77MSharesUpdated Oct 28, 2026Shares Short
2.80MSharesUpdated Oct 28, 2026Short Ratio
3.79daysvs all stocks
Short % of Shares Outstanding
1.90%vs all stocks
% Held by Insiders
14.45%vs all stocks
% Held by Institutions
79.09%vs all stocks
Total Cash (MRQ)
1.62BUSDvs all stocks (USD)
Total Cash per Share (MRQ)
9.40USDUpdated Oct 28, 2026Total Debt (MRQ)
7.62BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
2.23xCurrent Ratio (MRQ)
1.29xBook Value per Share (MRQ)
17.47USDUpdated Oct 28, 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 Oct 28, 202652-Week High
546.88USDUpdated Oct 28, 202652-Week Change
-3.42%vs all stocks
Beta
1.35xvs all stocks
50-Day MA
477.83USDUpdated Oct 28, 2026200-Day MA
468.05USDUpdated Oct 28, 2026Avg 10-Day Volume
1.05MSharesUpdated Oct 28, 2026Avg 30-Day Volume
900.96KSharesUpdated Oct 28, 2026Diluted EPS (TTM)
15.76USDUpdated Oct 28, 2026Other Income / Expense
-119.00MUSDFY2025 · Dec 31, 20252 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
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.
Structural Tensions
Returns appear driven by leverageSignificant
Return on Equity: 0.77Debt-to-Equity: 2.23
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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