CompanyGraph
What stands out
- Dividend several times the last twelve months' earnings
At a glance
- Depends onMidstream position: 5 outgoing, 5 incoming connections
- ScaleMarket cap is $21.07B, above the global median of $1.18B
- PositionP/E ratio is 78.81×, higher than 95% of its Asset Management peers (median 28.92×)
- Interpretations2 currently firing — 1 · 1
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Sign inWhat the company actually pays, and whether its own cash supports it.
What stands out
- Dividend several times the last twelve months' earnings
Dividends view
Yield
4.36%
Annual Rate
USD 2.36Paid quarterly
Payout Ratio
334.3%High
Consecutive Growth
3 yr
Paying Dividends
5 yr
Payback Period
20.7 yr
Last Ex-Dividend
Aug 14, 2026
Last Payment
Aug 28, 2026
Screen for this company's dividend patterns
Find other companies where the same dividend readings fire.
Three-Year Dividend Growth With Elevated Dividends-to-FCF And Dividend-Stress Composite Firing
→common dividends to free cash flow
dividend growth rate standard
dividends exceed fcf
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?
Diagnostic
Three-Year Dividend Growth With Elevated Dividends-to-FCF And Dividend-Stress Composite Firing
The dividend keeps rising — but for years it has cost more than the free cash flow that funds it.
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.
Financials view
Market Capitalization
21.07BUSDvs all stocks (USD)
Trailing P/E
78.81xvs Asset Management peers
Revenue (TTM)
4.64BUSDvs all stocks (USD)
Profit Margin
5.09%vs Asset Management peers
Beta
1.42xvs all stocks
52-Week Change
-10.37%vs all stocks
Forward Annual Dividend Yield
4.36%vs all stocks
Market Capitalization
21.07BUSDvs all stocks (USD)
Enterprise Value
13.44BUSDvs all stocks (USD)
Trailing P/E
78.81xvs Asset Management peers
Forward P/E
14.49xvs Asset Management peers
PEG Ratio
-0.4850xvs Asset Management peers
Price to Sales (TTM)
4.44xvs Asset Management peers
Price to Book (MRQ)
7.47xvs Asset Management peers
Enterprise to Revenue
2.90xvs Asset Management peers
Profit Margin
5.09%vs Asset Management peers
Operating Margin
19.82%vs Asset Management peers
Return on Assets (TTM)
5.22%vs Asset Management peers
Return on Equity (TTM)
18.57%vs Asset Management peers
Revenue (TTM)
4.64BUSDvs all stocks (USD)
Revenue per Share (TTM)
29.52USDUpdated Aug 28, 2026Quarterly Revenue Growth
110.20%vs Asset Management peers
Gross Profit (TTM)
4.64BUSDvs all stocks (USD)
EBITDA (TTM)
0.00USDvs all stocks (USD)
Net Income (TTM)
173.07MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
525.30%vs Asset Management peers
Operating Cash Flow (TTM)
972.57MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
184.59MUSDvs all stocks (USD)
Forward Annual Dividend Rate
2.36USDUpdated Aug 28, 2026Forward Annual Dividend Yield
4.36%vs all stocks
Trailing Annual Dividend Rate
2.24USDUpdated Aug 28, 2026Trailing Annual Dividend Yield
4.14%vs all stocks
Payout Ratio
334.33%vs Asset Management peers
Minority Interest (Equity)
2.95BUSDFY2025 · Dec 31, 2025Revenue
3.22BUSDFY2025 · Dec 31, 2025Pre-tax Income
666.58MUSDFY2025 · Dec 31, 2025Income Tax Expense
66.99MUSDFY2025 · Dec 31, 2025Net Income
599.59MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
702.17MUSDFY2025 · Dec 31, 2025EPS (Basic)
0.8900USDFY2025 · Dec 31, 2025EPS (Diluted)
0.4500USDFY2025 · Dec 31, 2025Basic Shares Outstanding
138.88MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
138.88MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
599.59MUSDFY2025 · Dec 31, 2025Minority Interests (P&L)
-415.00MUSDFY2025 · Dec 31, 2025Operating Cash Flow
462.25MUSDFY2025 · Dec 31, 2025Free Cash Flow
433.45MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
839.27MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
599.59MUSDFY2025 · Dec 31, 2025Other Non-cash Items
52.95MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-118.56MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-71.72MUSDFY2025 · Dec 31, 2025Capital Expenditures
-28.80MUSDFY2025 · Dec 31, 2025Net Acquisitions
-235.15MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
-263.96MUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
1.34BUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-891.00MUSDFY2025 · Dec 31, 2025Common Stock Repurchase
0.00USDFY2025 · Dec 31, 2025Common Dividends Paid
-1.23BUSDFY2025 · Dec 31, 2025Other Financing Charges
39.66MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
-741.39MUSDFY2025 · Dec 31, 2025Shares Outstanding
160.32MSharesUpdated Aug 28, 2026Float Shares
130.91MSharesUpdated Aug 28, 2026Shares Short
10.22MSharesUpdated Aug 28, 2026Short Ratio
3.55daysvs all stocks
Short % of Shares Outstanding
6.73%vs all stocks
% Held by Insiders
5.38%vs all stocks
% Held by Institutions
92.80%vs all stocks
Total Cash (MRQ)
944.66MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
5.67USDUpdated Aug 28, 2026Total Debt (MRQ)
3.07BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
0.8213xvs Asset Management peers
Current Ratio (MRQ)
3.64xvs Asset Management peers
Book Value per Share (MRQ)
7.07USDUpdated Aug 28, 2026Total Assets
13.49BUSDvs all stocks (USD)
Total Liabilities
9.36BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
826.11MUSDFY2025 · Dec 31, 2025Accounts Payable
46.94MUSDFY2025 · Dec 31, 2025Long-term Debt
1.81BUSDFY2025 · Dec 31, 2025Common Stock (Book)
377.00KUSDFY2025 · Dec 31, 2025Retained Earnings
-291.60MUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
4.14BUSDvs all stocks (USD)
52-Week Low
36.95USDUpdated Aug 28, 202652-Week High
70.38USDUpdated Aug 28, 202652-Week Change
-10.37%vs all stocks
Beta
1.42xvs all stocks
50-Day MA
45.34USDUpdated Aug 28, 2026200-Day MA
49.28USDUpdated Aug 28, 2026Avg 10-Day Volume
3.19MSharesUpdated Aug 28, 2026Avg 30-Day Volume
2.82MSharesUpdated Aug 28, 2026Diluted EPS (TTM)
0.6700USDUpdated Aug 28, 20261 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 patternsWhere is this company structurally exposed?
Share Dilution
Its share count has grown over six years, with more waiting in options.
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
P/E ratio is 78.81×, higher than 95% of its Asset Management peers (median 28.92×)Significant
P/E ratio: 78.81Industry median: 28.92Industry P95: 78.64Peers compared: 27.00
Structural Tensions
Dividend several times the last twelve months' earningsSignificant
Payout Ratio: 3.34Dividend per Share: 2.24Earnings per Share: 0.67
Financial Health
High earnings qualityNotable
Earnings Quality Score: 0.89
Supply Chain
Midstream position: 5 outgoing, 5 incoming connectionsNotable
Outgoing: 5.00Incoming: 5.00
High connectivity hub: 10 industry connectionsNotable
Total Connections: 10.00
Scale
Market cap is $21.07B, above the global median of $1.18BNotable
Market cap (USD): 21,067,202,751Global Median: 1,179,398,897.704
Revenue is $4.64B, above the global median of $534.05MNotable
Revenue (USD): 4,642,341,888Global Median: 534,052,387.958
Levered free cash flow is $184.59M, above the global median of $19.23MNotable
Levered free cash flow (USD): 184,588,000Global Median: 19,234,564.734
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