CompanyGraph
What stands out
- Returns appear driven by leverage
- Most companies in its industry are interface businesses; this one is a production business
At a glance
- Depends onMidstream position: 6 outgoing, 5 incoming connections
- ScaleMarket cap is $76.17B, higher than 95% of all stocks globally
- PositionCurrent ratio is 0.21×, lower than 95% of its Travel Services peers (median 1.31×)
- Interpretations6 currently firing — 1 · 5
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 production business
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
1.05%Below 5Y avg (2.52%)
Annual Rate
USD 3.00Paid semi-annual
Payout Ratio
30.9%Sustainable
Consecutive Growth
1 yr
Paying Dividends
26 yr
Payback Period
81.9 yr
Last Ex-Dividend
Jun 3, 2026
Last Payment
Jul 2, 2026
Screen for this company's dividend patterns
Find other companies where the same dividend readings fire.
Post-Cut Dividend Growth With FCF And Revenue
→all years increased income revenue 3y
dividend resumed after cut
fcf positive 3y
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?
Post-Cut Dividend Growth With FCF And Revenue
Its dividend was cut and is climbing back, though not yet to the old level.
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.
What stands out
- Returns appear driven by leverage
Financials view
Market Capitalization
76.17BUSDvs all stocks (USD)
Trailing P/E
18.09xvs Travel Services peers
Revenue (TTM)
18.68BUSDvs all stocks (USD)
Profit Margin
23.54%vs Travel Services peers
Beta
1.78xvs all stocks
52-Week Change
-21.59%vs all stocks
Forward Annual Dividend Yield
1.05%vs all stocks
Market Capitalization
76.17BUSDvs all stocks (USD)
Enterprise Value
101.04BUSDvs all stocks (USD)
Trailing P/E
18.09xvs Travel Services peers
Forward P/E
14.41xvs Travel Services peers
PEG Ratio
-3.35xvs Travel Services peers
Price to Sales (TTM)
4.18xvs Travel Services peers
Price to Book (MRQ)
7.64xvs Travel Services peers
Enterprise to Revenue
5.41xvs Travel Services peers
Enterprise to EBITDA
14.59xvs Travel Services peers
Gross Margin
47.29%vs Travel Services peers
Profit Margin
23.54%vs Travel Services peers
Operating Margin
27.07%vs Travel Services peers
Return on Assets (TTM)
7.68%vs Travel Services peers
Return on Equity (TTM)
44.67%vs Travel Services peers
Revenue (TTM)
18.68BUSDvs all stocks (USD)
Revenue per Share (TTM)
69.06USDUpdated Aug 28, 2026Quarterly Revenue Growth
6.50%vs Travel Services peers
Gross Profit (TTM)
9.39BUSDvs all stocks (USD)
EBITDA (TTM)
7.39BUSDvs all stocks (USD)
Net Income (TTM)
4.40BUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
-6.80%vs Travel Services peers
Operating Cash Flow (TTM)
6.79BUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
-1.52BUSDvs all stocks (USD)
Forward Annual Dividend Rate
3.00USDUpdated Aug 28, 2026Forward Annual Dividend Yield
1.05%vs all stocks
Trailing Annual Dividend Rate
3.00USDUpdated Aug 28, 2026Trailing Annual Dividend Yield
1.05%vs all stocks
5-Year Average Dividend Yield
2.52%vs all stocks
Payout Ratio
30.88%vs Travel Services peers
Minority Interest (Equity)
208.00MUSDFY2025 · Dec 31, 2025Revenue
17.93BUSDFY2025 · Dec 31, 2025Cost of Goods Sold
9.08BUSDFY2025 · Dec 31, 2025Gross Profit
8.85BUSDFY2025 · Dec 31, 2025Operating Income
4.91BUSDvs all stocks (USD)
Pre-tax Income
4.37BUSDFY2025 · Dec 31, 2025Income Tax Expense
82.00MUSDFY2025 · Dec 31, 2025Net Income
4.29BUSDFY2025 · Dec 31, 2025EBIT
5.37BUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
7.08BUSDFY2025 · Dec 31, 2025Selling, General & Administrative
2.22BUSDFY2025 · Dec 31, 2025Non-operating Interest Income
24.00MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
992.00MUSDFY2025 · Dec 31, 2025EPS (Basic)
15.75USDFY2025 · Dec 31, 2025EPS (Diluted)
15.61USDFY2025 · Dec 31, 2025Basic Shares Outstanding
271.00MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
271.00MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
4.29BUSDFY2025 · Dec 31, 2025Minority Interests (P&L)
-23.00MUSDFY2025 · Dec 31, 2025Operating Cash Flow
6.53BUSDFY2025 · Dec 31, 2025Free Cash Flow
1.30BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
825.00MUSDFY2025 · Dec 31, 2025Interest Paid
864.00MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
4.29BUSDFY2025 · Dec 31, 2025Depreciation & Amortization
1.72BUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
18.00MUSDFY2025 · Dec 31, 2025Stock-based Compensation
175.00MUSDFY2025 · Dec 31, 2025Other Non-cash Items
63.00MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-3.00MUSDFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
27.00MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
243.00MUSDFY2025 · Dec 31, 2025Capital Expenditures
-5.23BUSDFY2025 · Dec 31, 2025Net Acquisitions
-106.00MUSDFY2025 · Dec 31, 2025Purchase of Investments
-24.00MUSDFY2025 · Dec 31, 2025Sale of Investments
200.00MUSDFY2025 · Dec 31, 2025Other Investing Activity
147.00MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
-5.01BUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
4.67BUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-3.54BUSDFY2025 · Dec 31, 2025Common Stock Repurchase
-1.16BUSDFY2025 · Dec 31, 2025Common Dividends Paid
-824.00MUSDFY2025 · Dec 31, 2025Other Financing Charges
-170.00MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
-1.02BUSDFY2025 · Dec 31, 2025Shares Outstanding
267.45MSharesUpdated Aug 28, 2026Float Shares
241.97MSharesUpdated Aug 28, 2026Shares Short
10.70MSharesUpdated Aug 28, 2026Short Ratio
4.94daysvs all stocks
Short % of Shares Outstanding
5.85%vs all stocks
% Held by Insiders
6.20%vs all stocks
% Held by Institutions
90.87%vs all stocks
Total Cash (MRQ)
876.00MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
3.27USDUpdated Aug 28, 2026Total Debt (MRQ)
23.52BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
2.25xvs Travel Services peers
Current Ratio (MRQ)
0.2090xvs Travel Services peers
Book Value per Share (MRQ)
38.27USDUpdated Aug 28, 2026Total Assets
41.62BUSDvs all stocks (USD)
Total Current Assets
2.21BUSDFY2025 · Dec 31, 2025Total Liabilities
31.37BUSDFY2025 · Dec 31, 2025Total Non-current Assets
39.41BUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
19.32BUSDFY2025 · Dec 31, 2025Total Current Liabilities
12.05BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
825.00MUSDFY2025 · Dec 31, 2025Accounts Receivable
317.00MUSDFY2025 · Dec 31, 2025Inventory
264.00MUSDFY2025 · Dec 31, 2025Accounts Payable
953.00MUSDFY2025 · Dec 31, 2025Short-term Debt
3.27BUSDFY2025 · Dec 31, 2025Deferred Revenue
5.74BUSDFY2025 · Dec 31, 2025Other Current Liabilities
67.00MUSDFY2025 · Dec 31, 2025Long-term Debt
18.77BUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
554.00MUSDFY2025 · Dec 31, 2025Common Stock (Book)
3.00MUSDFY2025 · Dec 31, 2025Retained Earnings
5.92BUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
10.24BUSDvs all stocks (USD)
Treasury Stock
3.25BUSDFY2025 · Dec 31, 202552-Week Low
232.10USDUpdated Aug 28, 202652-Week High
366.50USDUpdated Aug 28, 202652-Week Change
-21.59%vs all stocks
Beta
1.78xvs all stocks
50-Day MA
303.70USDUpdated Aug 28, 2026200-Day MA
287.03USDUpdated Aug 28, 2026Avg 10-Day Volume
1.50MSharesUpdated Aug 28, 2026Avg 30-Day Volume
2.02MSharesUpdated Aug 28, 2026Diluted EPS (TTM)
16.16USDUpdated Aug 28, 2026Other Income / Expense
431.00MUSDFY2025 · Dec 31, 20255 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
Diagnostic
Elevated EBITDA Margin With Small D&A Gap and Capex Above Depreciation
EBITDA margin reads high with little depreciation charged, and capex above that charge.
Reads
Operating Income Growing With Multi-Year Revenue Growth
Revenue up in each of five years, with operating income up in each of four.
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
How is this stock valued?
Close Below 40W SMA With Profitability
The price sits below its 40-week average, on three profitable years and cash above profit.
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 0.21×, lower than 95% of its Travel Services peers (median 1.31×)Significant
Current ratio: 0.21Industry median: 1.31Industry P5: 0.25Peers compared: 38.00
Structural Tensions
Returns appear driven by leverageSignificant
Return on Equity: 0.45Debt-to-Equity: 2.25
Most companies in its industry are interface businesses; this one is a production businessSignificant
Industry peers: 39.00Share on the common pattern %: 85.00
Financial Health
Altman Z-Score 2.23: grey zoneSignificant
Altman Z-Score: 2.23
High earnings qualityNotable
Earnings Quality Score: 1.05
High structural barrier to entryNotable
Barrier to Entry: 2.58
Supply Chain
Midstream position: 6 outgoing, 5 incoming connectionsNotable
Outgoing: 6.00Incoming: 5.00
High connectivity hub: 11 industry connectionsNotable
Total Connections: 11.00
Scale
Market cap is $76.17B, higher than 95% of all stocks globallySignificant
Market cap (USD): 76,170,350,848Global P95: 26,266,743,019.727
Revenue is $18.68B, higher than 95% of all stocks globallySignificant
Revenue (USD): 18,681,999,360Global P95: 15,102,391,082.578
Levered free cash flow is -$1.52B, lower than 95% of all stocks globallySignificant
Levered free cash flow (USD): -1,516,249,984Global P5: -209,298,741.335
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Companies that share active interpretations — structural patterns currently present in both stocks.
Dollarama Inc.
4 interpretationsMulti-Year FCF With Growth And MarginClose Below 40W SMA With ProfitabilityPost-Cut Dividend Growth With FCF And RevenueRising Operating Income With Low Depreciation on a Capital-Heavy Balance Sheet
Global Ship Lease Inc.
4 interpretationsMulti-Year FCF With Growth And MarginOperating Income Growing With Multi-Year Revenue GrowthPost-Cut Dividend Growth With FCF And RevenueRising Operating Income With Low Depreciation on a Capital-Heavy Balance Sheet
Lemon Tree Hotels Ltd.
4 interpretationsMulti-Year FCF With Growth And MarginClose Below 40W SMA With ProfitabilityOperating Income Growing With Multi-Year Revenue GrowthRising Operating Income With Low Depreciation on a Capital-Heavy Balance Sheet