CompanyGraph
What stands out
- Most companies in its industry are interface businesses; this one is a sense-making business
At a glance
- Depends onDownstream position: depends on 23 industries, supplies 5
- ScaleMarket cap is $6.8B, above the global median of $1.15B
- PositionReturn on equity is 37%, higher than 95% of its Capital Markets peers (median 7.6%)
- Interpretations10 currently firing — 10
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 sense-making business
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.60%Below 5Y avg (0.80%)
Annual Rate
USD 1.00Paid quarterly
Payout Ratio
14.5%Sustainable
Paying Dividends
11 yr
Last Ex-Dividend
Jun 3, 2026
Last Payment
Jun 17, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
6.80BUSDvs all stocks (USD)
Trailing P/E
24.15xvs Capital Markets peers
Revenue (TTM)
1.81BUSDvs all stocks (USD)
Profit Margin
10.33%vs Capital Markets peers
Beta
0.8420xvs all stocks
52-Week Change
-8.63%vs all stocks
Forward Annual Dividend Yield
0.60%vs all stocks
Market Capitalization
6.80BUSDvs all stocks (USD)
Enterprise Value
5.07BUSDvs all stocks (USD)
Trailing P/E
24.15xvs Capital Markets peers
Forward P/E
19.40xvs Capital Markets peers
PEG Ratio
2.69xvs Capital Markets peers
Price to Sales (TTM)
3.76xvs Capital Markets peers
Price to Book (MRQ)
15.83xvs Capital Markets peers
Enterprise to Revenue
2.81xvs Capital Markets peers
Enterprise to EBITDA
12.87xvs Capital Markets peers
Gross Margin
32.98%vs Capital Markets peers
Profit Margin
10.33%vs Capital Markets peers
Operating Margin
19.22%vs Capital Markets peers
Return on Assets (TTM)
21.94%vs Capital Markets peers
Return on Equity (TTM)
37.04%vs Capital Markets peers
Revenue (TTM)
1.81BUSDvs all stocks (USD)
Revenue per Share (TTM)
69.74USDUpdated Jul 19, 2026Quarterly Revenue Growth
28.90%vs Capital Markets peers
Gross Profit (TTM)
1.72BUSDvs all stocks (USD)
EBITDA (TTM)
422.34MUSDvs all stocks (USD)
Net Income (TTM)
186.60MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
12.00%vs Capital Markets peers
Operating Cash Flow (TTM)
666.49MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
564.28MUSDvs all stocks (USD)
Forward Annual Dividend Rate
1.00USDUpdated Jul 19, 2026Forward Annual Dividend Yield
0.60%vs all stocks
Trailing Annual Dividend Rate
1.00USDUpdated Jul 19, 2026Trailing Annual Dividend Yield
0.60%vs all stocks
5-Year Average Dividend Yield
0.80%vs all stocks
Payout Ratio
14.49%vs Capital Markets peers
Minority Interest (Equity)
700.80MUSDFY2025 · Dec 31, 2025Revenue
1.71BUSDFY2025 · Dec 31, 2025Cost of Goods Sold
1.16BUSDFY2025 · Dec 31, 2025Gross Profit
555.72MUSDFY2025 · Dec 31, 2025Operating Income
362.86MUSDvs all stocks (USD)
Pre-tax Income
342.92MUSDFY2025 · Dec 31, 2025Income Tax Expense
33.18MUSDFY2025 · Dec 31, 2025Net Income
309.74MUSDFY2025 · Dec 31, 2025EBIT
362.86MUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
394.11MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
133.52MUSDFY2025 · Dec 31, 2025Other Operating Expenses
45.99MUSDFY2025 · Dec 31, 2025EPS (Basic)
7.00USDFY2025 · Dec 31, 2025EPS (Diluted)
6.68USDFY2025 · Dec 31, 2025Basic Shares Outstanding
25.72MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
25.72MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
309.74MUSDFY2025 · Dec 31, 2025Minority Interests (P&L)
-129.62MUSDFY2025 · Dec 31, 2025Operating Cash Flow
493.41MUSDFY2025 · Dec 31, 2025Free Cash Flow
447.55MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
538.86MUSDFY2025 · Dec 31, 2025Income Tax Paid
44.42MUSDFY2025 · Dec 31, 2025Interest Paid
0.00USDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
309.74MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
31.25MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
-3.15MUSDFY2025 · Dec 31, 2025Stock-based Compensation
234.34MUSDFY2025 · Dec 31, 2025Other Non-cash Items
-3.93MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-75.85MUSDFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
-1.63MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
2.65MUSDFY2025 · Dec 31, 2025Capital Expenditures
-45.86MUSDFY2025 · Dec 31, 2025Net Acquisitions
0.00USDFY2025 · Dec 31, 2025Purchase of Investments
-182.39MUSDFY2025 · Dec 31, 2025Sale of Investments
199.71MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
-28.55MUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
0.00USDFY2025 · Dec 31, 2025Long-term Debt Payments
0.00USDFY2025 · Dec 31, 2025Common Stock Repurchase
-195.22MUSDFY2025 · Dec 31, 2025Common Dividends Paid
-24.52MUSDFY2025 · Dec 31, 2025Other Financing Charges
-234.05MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
-453.79MUSDFY2025 · Dec 31, 2025Shares Outstanding
25.91MSharesUpdated Jul 19, 2026Float Shares
23.98MSharesUpdated Jul 19, 2026Shares Short
1.96MSharesUpdated Jul 19, 2026Short Ratio
4.19daysvs all stocks
Short % of Shares Outstanding
9.05%vs all stocks
% Held by Insiders
7.09%vs all stocks
% Held by Institutions
84.73%vs all stocks
Total Cash (MRQ)
308.78MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
11.96USDUpdated Jul 19, 2026Total Debt (MRQ)
421.50MUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
0.4534xvs Capital Markets peers
Current Ratio (MRQ)
2.92xvs Capital Markets peers
Book Value per Share (MRQ)
10.53USDUpdated Jul 19, 2026Total Assets
1.84BUSDvs all stocks (USD)
Total Current Assets
943.18MUSDFY2025 · Dec 31, 2025Total Liabilities
834.21MUSDFY2025 · Dec 31, 2025Total Non-current Assets
900.07MUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
756.27MUSDFY2025 · Dec 31, 2025Total Current Liabilities
77.94MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
538.86MUSDFY2025 · Dec 31, 2025Accounts Receivable
404.32MUSDFY2025 · Dec 31, 2025Accounts Payable
34.05MUSDFY2025 · Dec 31, 2025Deferred Revenue
8.37MUSDFY2025 · Dec 31, 2025Long-term Debt
413.92MUSDFY2025 · Dec 31, 2025Common Stock (Book)
360.00KUSDFY2025 · Dec 31, 2025Retained Earnings
384.19MUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
1.01BUSDvs all stocks (USD)
Treasury Stock
924.18MUSDFY2025 · Dec 31, 202552-Week Low
127.73USDUpdated Jul 19, 202652-Week High
195.62USDUpdated Jul 19, 202652-Week Change
-8.63%vs all stocks
Beta
0.8420xvs all stocks
50-Day MA
156.90USDUpdated Jul 19, 2026200-Day MA
161.19USDUpdated Jul 19, 2026Avg 10-Day Volume
513.75KSharesUpdated Jul 19, 2026Avg 30-Day Volume
503.18KSharesUpdated Jul 19, 2026Diluted EPS (TTM)
6.90USDUpdated Jul 19, 2026Other Income / Expense
-19.94MUSDFY2025 · Dec 31, 202510 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?
Diagnostic
Elevated Receivables Alongside Balance-Sheet Strength
Liquidity looks comfortable, but it rests on customer debts that have grown three years.
Reads
MRQ Cash Elevated Relative To Total Debt With EBITDA And FCF Elevated Relative To Total Liabilities
Cash covers most of its debt, with earnings high against its liabilities.
Reads
Liquidity Ratios Elevated
It can cover near-term bills from cash alone, not just from inventory.
Reads
How does this company use capital?
Cumulative Treasury Stock Significant With Elevated ROE And FCF-To-Equity
It has bought back shares for years, and its equity earns more than its industry and yields heavy free cash flow.
Reads
Cash Backing With OCF Coverage And Cash Near Total Debt
Cash on hand covers most or all of its total debt, and cash flow matches reported earnings.
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
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
Multi-Year FCF With Growth And Margin
Three years of positive free cash flow and rising revenue, four of rising equity, and much of its sales turns into cash.
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 37%, higher than 95% of its Capital Markets peers (median 7.6%)Significant
Return on equity: 0.37Industry median: 0.08Industry P95: 0.30Peers compared: 78.00
Return on assets is 21.9%, higher than 95% of its Capital Markets peers (median 1.5%)Significant
Return on assets: 0.22Industry median: 0.01Industry P95: 0.13Peers compared: 78.00
Price-to-book is 15.83×, higher than 95% of its Capital Markets peers (median 1.82×)Significant
Price-to-book: 15.83Industry median: 1.82Industry P95: 11.52Peers compared: 78.00
Structural Tensions
Most companies in its industry are interface businesses; this one is a sense-making businessSignificant
Industry peers: 172Share on the common pattern %: 71.00
Financial Health
High earnings qualityNotable
Earnings Quality Score: 1.10
Supply Chain
Downstream position: depends on 23 industries, supplies 5Notable
Outgoing: 5.00Incoming: 23.00
High connectivity hub: 28 industry connectionsNotable
Total Connections: 28.00
Scale
Market cap is $6.8B, above the global median of $1.15BNotable
Market cap (USD): 6,797,780,088Global Median: 1,146,734,693.424
Revenue is $1.81B, above the global median of $520.53MNotable
Revenue (USD): 1,806,243,968Global Median: 520,528,949.311
Levered free cash flow is $564.28M, above the global median of $16.24MNotable
Levered free cash flow (USD): 564,279,000Global Median: 16,239,329.704
Companies that share the same coordination system — how they create, deliver, or capture value.
Morningstar Inc.
Tier 1SenseMakingPlatform IntermediationRuleInterface
Perella Weinberg Partners
Tier 1SenseMakingPlatform IntermediationInterfaceRisk
M&A Research Institute Holdings, Inc.
Tier 1SenseMakingPlatform IntermediationInterfaceRisk
FRP Advisory Group PLC
Tier 1SenseMakingPlatform IntermediationRiskInterface
Pia Corporation
Tier 1SenseMakingPlatform IntermediationProductionInterface
Zenrin Co., Ltd.
Tier 2SenseMakingPlatform IntermediationProductionFlow
Beijing Compass Technology Co., Ltd.
Tier 3SenseMakingRecurring-Revenue Lock-InInterfaceFlow
Clearwater Analytics Holdings Inc.
Tier 3SenseMakingRecurring-Revenue Lock-InInterfaceFlow
Tetra Tech, Inc.
Tier 3SenseMakingLong-Program Systems IntegrationRiskProduction
New Oriental Education & Technology Group Inc.
Tier 3SenseMakingExpertise LeverageProductionInterface
Companies that share active interpretations — structural patterns currently present in both stocks.
Harmony Biosciences Holdings, Inc.
7 interpretationsMRQ Cash Elevated Relative To Total Debt With EBITDA And FCF Elevated Relative To Total LiabilitiesCash Backing With Revenue And Income StreaksFCF Ratios ElevatedROE, ROA, And Operating ROA ElevatedCash-Flow Ratios ElevatedCash Backing With OCF Coverage And Cash Near Total DebtMulti-Year FCF With Growth And Margin
Thyrocare Technologies Ltd.
6 interpretationsMRQ Cash Elevated Relative To Total Debt With EBITDA And FCF Elevated Relative To Total LiabilitiesCash Backing With Revenue And Income StreaksFCF Ratios ElevatedROE, ROA, And Operating ROA ElevatedCash-Flow Ratios ElevatedCash Backing With OCF Coverage And Cash Near Total Debt
Garmin Ltd.
6 interpretationsMRQ Cash Elevated Relative To Total Debt With EBITDA And FCF Elevated Relative To Total LiabilitiesCash Backing With Revenue And Income StreaksFCF Ratios ElevatedROE, ROA, And Operating ROA ElevatedCash-Flow Ratios ElevatedMulti-Year FCF With Growth And Margin