CompanyGraph
What stands out
- Returns appear driven by leverage
At a glance
- Depends onMidstream position: 5 outgoing, 4 incoming connections
- ScaleMarket cap is $80.52B, higher than 95% of all stocks globally
- PositionOperating margin is 27.4%, higher than 95% of its Communication Equipment peers (median 5%)
- Interpretations7 currently firing — 7
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.99%Below 5Y avg (1.11%)
Annual Rate
USD 4.84Paid quarterly
Payout Ratio
37.2%Sustainable
Consecutive Growth
5 yr
Paying Dividends
16 yr
Payback Period
97.2 yr
Last Ex-Dividend
Sep 16, 2026
Next Payment
Oct 15, 2026
The reported statements, read against the company's own industry.
What stands out
- Returns appear driven by leverage
Financials view
Market Capitalization
80.52BUSDvs all stocks (USD)
Trailing P/E
37.89xvs Communication Equipment peers
Revenue (TTM)
12.24BUSDvs all stocks (USD)
Profit Margin
17.44%vs Communication Equipment peers
Beta
0.8700xvs all stocks
52-Week Change
3.50%vs all stocks
Forward Annual Dividend Yield
0.99%vs all stocks
Market Capitalization
80.52BUSDvs all stocks (USD)
Enterprise Value
89.25BUSDvs all stocks (USD)
Trailing P/E
37.89xvs Communication Equipment peers
Forward P/E
25.44xvs Communication Equipment peers
PEG Ratio
4.17xvs Communication Equipment peers
Price to Sales (TTM)
6.56xvs Communication Equipment peers
Price to Book (MRQ)
30.06xvs Communication Equipment peers
Enterprise to Revenue
7.29xvs Communication Equipment peers
Enterprise to EBITDA
23.75xvs Communication Equipment peers
Gross Margin
53.56%vs Communication Equipment peers
Profit Margin
17.44%vs Communication Equipment peers
Operating Margin
27.35%vs Communication Equipment peers
Return on Assets (TTM)
11.25%vs Communication Equipment peers
Return on Equity (TTM)
91.57%vs Communication Equipment peers
Revenue (TTM)
12.24BUSDvs all stocks (USD)
Revenue per Share (TTM)
73.67USDUpdated Aug 28, 2026Quarterly Revenue Growth
13.30%vs Communication Equipment peers
Gross Profit (TTM)
6.38BUSDvs all stocks (USD)
EBITDA (TTM)
3.79BUSDvs all stocks (USD)
Net Income (TTM)
2.13BUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
8.60%vs Communication Equipment peers
Operating Cash Flow (TTM)
2.97BUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
1.98BUSDvs all stocks (USD)
Forward Annual Dividend Rate
4.84USDUpdated Aug 28, 2026Forward Annual Dividend Yield
0.99%vs all stocks
Trailing Annual Dividend Rate
4.72USDUpdated Aug 28, 2026Trailing Annual Dividend Yield
0.97%vs all stocks
5-Year Average Dividend Yield
1.11%vs all stocks
Payout Ratio
37.19%vs Communication Equipment peers
Minority Interest (Equity)
17.00MUSDFY2025 · Dec 31, 2025Revenue
11.68BUSDFY2025 · Dec 31, 2025Cost of Goods Sold
5.65BUSDFY2025 · Dec 31, 2025Gross Profit
6.04BUSDFY2025 · Dec 31, 2025Operating Income
2.96BUSDvs all stocks (USD)
Pre-tax Income
2.81BUSDFY2025 · Dec 31, 2025Income Tax Expense
652.00MUSDFY2025 · Dec 31, 2025Net Income
2.16BUSDFY2025 · Dec 31, 2025EBIT
3.17BUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
3.56BUSDFY2025 · Dec 31, 2025Research & Development
970.00MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
1.87BUSDFY2025 · Dec 31, 2025Other Operating Expenses
2.00MUSDFY2025 · Dec 31, 2025Non-operating Interest Income
58.00MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
360.00MUSDFY2025 · Dec 31, 2025EPS (Basic)
12.93USDFY2025 · Dec 31, 2025EPS (Diluted)
12.75USDFY2025 · Dec 31, 2025Basic Shares Outstanding
166.60MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
166.60MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
2.16BUSDFY2025 · Dec 31, 2025Minority Interests (P&L)
-6.00MUSDFY2025 · Dec 31, 2025Operating Cash Flow
2.84BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
1.17BUSDFY2025 · Dec 31, 2025Income Tax Paid
569.00MUSDFY2025 · Dec 31, 2025Interest Paid
285.00MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
2.16BUSDFY2025 · Dec 31, 2025Depreciation & Amortization
425.00MUSDFY2025 · Dec 31, 2025Stock-based Compensation
293.00MUSDFY2025 · Dec 31, 2025Other Non-cash Items
3.00MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-173.00MUSDFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
280.00MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-151.00MUSDFY2025 · Dec 31, 2025Net Acquisitions
-4.92BUSDFY2025 · Dec 31, 2025Sale of Investments
17.00MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
-4.90BUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
2.73BUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-501.00MUSDFY2025 · Dec 31, 2025Net Short-term Debt Issuance
744.00MUSDFY2025 · Dec 31, 2025Common Stock Repurchase
-1.15BUSDFY2025 · Dec 31, 2025Common Dividends Paid
-728.00MUSDFY2025 · Dec 31, 2025Other Financing Charges
-10.00MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
1.13BUSDFY2025 · Dec 31, 2025Shares Outstanding
165.50MSharesUpdated Aug 28, 2026Float Shares
164.74MSharesUpdated Aug 28, 2026Shares Short
3.10MSharesUpdated Aug 28, 2026Short Ratio
3.40daysvs all stocks
Short % of Shares Outstanding
2.17%vs all stocks
% Held by Insiders
0.40%vs all stocks
% Held by Institutions
91.69%vs all stocks
Total Cash (MRQ)
710.00MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
4.29USDUpdated Aug 28, 2026Total Debt (MRQ)
9.62BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
3.58xvs Communication Equipment peers
Current Ratio (MRQ)
1.10xvs Communication Equipment peers
Book Value per Share (MRQ)
16.14USDUpdated Aug 28, 2026Total Assets
19.39BUSDvs all stocks (USD)
Total Current Assets
6.30BUSDFY2025 · Dec 31, 2025Total Liabilities
16.96BUSDFY2025 · Dec 31, 2025Total Non-current Assets
13.09BUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
10.88BUSDFY2025 · Dec 31, 2025Total Current Liabilities
6.08BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
1.16BUSDFY2025 · Dec 31, 2025Accounts Receivable
2.20BUSDFY2025 · Dec 31, 2025Inventory
983.00MUSDFY2025 · Dec 31, 2025Accounts Payable
1.33BUSDFY2025 · Dec 31, 2025Short-term Debt
882.00MUSDFY2025 · Dec 31, 2025Deferred Revenue
2.27BUSDFY2025 · Dec 31, 2025Long-term Debt
8.88BUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
212.00MUSDFY2025 · Dec 31, 2025Common Stock (Book)
2.00MUSDFY2025 · Dec 31, 2025Retained Earnings
2.55BUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
2.43BUSDvs all stocks (USD)
52-Week Low
359.36USDUpdated Aug 28, 202652-Week High
493.57USDUpdated Aug 28, 202652-Week Change
3.50%vs all stocks
Beta
0.8700xvs all stocks
50-Day MA
431.35USDUpdated Aug 28, 2026200-Day MA
418.88USDUpdated Aug 28, 2026Avg 10-Day Volume
1.05MSharesUpdated Aug 28, 2026Avg 30-Day Volume
985.69KSharesUpdated Aug 28, 2026Diluted EPS (TTM)
12.81USDUpdated Aug 28, 2026Other Income / Expense
155.00MUSDFY2025 · Dec 31, 20257 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
Cash Backing With Revenue And Income Streaks
Revenue has risen in each of three years, profit in all three, and it holds more cash than debt.
Reads
High ROE Relative To Gross Margin
Its return on equity is high for the gross margin it earns, with revenue up three years and profit in all five.
Reads
Industry-Benchmarked ROA and Margin Elevated
Returns and margins have sat in the top of its industry across five years.
Reads
Revenue Growing With Receivables Growing
Revenue has risen three years, and what customers owe has risen with it.
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
Operating margin is 27.4%, higher than 95% of its Communication Equipment peers (median 5%)Significant
Operating margin: 0.27Industry median: 0.05Industry P95: 0.25Peers compared: 65.00
Return on equity is 91.6%, higher than 95% of its Communication Equipment peers (median 3.3%)Significant
Return on equity: 0.92Industry median: 0.03Industry P95: 0.26Peers compared: 65.00
Debt-to-equity is 3.58×, higher than 95% of its Communication Equipment peers (median 0.3×)Significant
Debt-to-equity: 3.58Industry median: 0.30Industry P95: 3.18Peers compared: 65.00
Price-to-book is 30.06×, higher than 95% of its Communication Equipment peers (median 4.92×)Significant
Price-to-book: 30.06Industry median: 4.92Industry P95: 29.93Peers compared: 65.00
Structural Tensions
Returns appear driven by leverageSignificant
Return on Equity: 0.92Debt-to-Equity: 3.58
Financial Health
Altman Z-Score 4.19: safe zoneNotable
Altman Z-Score: 4.19
High earnings qualityNotable
Earnings Quality Score: 0.88
Supply Chain
Midstream position: 5 outgoing, 4 incoming connectionsNotable
Outgoing: 5.00Incoming: 4.00
Scale
Market cap is $80.52B, higher than 95% of all stocks globallySignificant
Market cap (USD): 80,519,349,268Global P95: 26,266,743,019.727
Levered free cash flow is $1.98B, higher than 95% of all stocks globallySignificant
Levered free cash flow (USD): 1,979,000,064Global P95: 1,247,399,751.3
Revenue is $12.24B, above the global median of $534.22MNotable
Revenue (USD): 12,236,999,680Global Median: 534,219,708.406
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Companies that share active interpretations — structural patterns currently present in both stocks.
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