Valuation
Is the price right?3/3 inputs reported · High confidence
Weaker than most peers on:
- ▼ EBITDA yield
Behind the score
Sector-normalized EBITDA, earnings, and free cash flow yields.
Bringing the fundamentals into focus…
Price as of close on Nov 3, 2026 · Financials updated Oct 8, 2026
3/3 inputs reported · High confidence
Weaker than most peers on:
Sector-normalized EBITDA, earnings, and free cash flow yields.
3/3 inputs reported · High confidence
Why it changed since the Oct 27, 2026 close: Score 79 → 80
Stronger than most peers on:
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
3/3 inputs reported · High confidence
Weaker than most peers on:
Return on invested capital, operating margin, and return on assets.
3/3 inputs reported · High confidence
Why it changed since the Oct 27, 2026 close: Safety percentile 17 → 18
Weaker than most peers on:
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Got weaker
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Revenue (12 months) | 17.5B USD | 18.3B USD | +4.2% |
| Net income (12 months) | 3.0B USD | 2.5B USD | −14.2% |
| Operating margin | 26.1% | 20.9% | −5.3 pts |
| Debt | 51.8B USD | 53.2B USD | +2.8% |
| Cash | 351.0M USD | 296.0M USD | −15.7% |
| Shares outstanding | 879.5M | 879.5M | +0.0% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Valuations in Utilities - Regulated Electric are above their usual range since 2016.
| Key ratios | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | Change |
|---|---|---|---|---|---|---|
| Operating margin | 17.1% | 10.4% | 23.7% | 22.5% | 26.7% | ▲ 4.3 pts |
| Net margin | 29.1% | 8.5% | 13.6% | 14.1% | 18.1% | ▲ 4.1 pts |
| Return on assets (ROA) | 3.4% | 1.1% | 1.8% | 2.0% | 2.6% | ▲ 0.6 pts |
| Return on equity (ROE) | 12.4% | 4.3% | 7.1% | 7.6% | 10.3% | ▲ 2.7 pts |
| Current ratio | 0.84× | 0.73× | 1.04× | 0.71× | 0.77× | ▲ 8.6% |
| Debt to equity | 1.49× | 1.64× | 1.60× | 1.56× | 1.68× | ▲ 8.1% |
Price history is added with the daily price update and will appear after the next one.