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 9, 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 50 → 51
Helped by:
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
3/3 inputs reported · High confidence
Mixed versus peers:
Return on invested capital, operating margin, and return on assets.
3/3 inputs reported · High confidence
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.
No major changes
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Revenue (12 months) | 4.4B USD | 4.4B USD | +0.2% |
| Net income (12 months) | 821.0M USD | 817.0M USD | −0.5% |
| Operating margin | 23.0% | 22.1% | −0.9 pts |
| Free cash flow (12 months) | 1.0B USD | 932.0M USD | −10.2% |
| Debt | 11.4B USD | 11.7B USD | +2.4% |
| Cash | 115.0M USD | 25.0M USD | −78.3% |
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 |
|---|---|---|---|---|---|---|
| Gross margin | 85.4% | 86.4% | 85.5% | 84.6% | 85.7% | ▲ 1.1 pts |
| Operating margin | 21.7% | 22.1% | 23.4% | 22.3% | 23.5% | ▲ 1.2 pts |
| Net margin | 18.4% | 16.3% | 17.5% | 17.3% | 18.6% | ▲ 1.2 pts |
| Return on assets (ROA) | 3.6% | 3.4% | 3.3% | 3.0% | 3.2% | ▲ 0.2 pts |
| Return on equity (ROE) | 11.3% | 10.9% | 10.4% | 9.9% | 11.0% | ▲ 1.2 pts |
| Free cash flow margin | -16.0% | -23.7% | 18.5% | 24.4% | 22.1% | ▼ 2.3 pts |
| Current ratio | 0.52× | 0.53× | 0.55× | 0.44× | 0.80× | ▲ 83% |
| Debt to equity | 1.32× | 1.39× | 1.40× | 1.49× | 1.65× | ▲ 11% |
| Interest coverage | 2.87× | 2.86× | 2.39× | 1.97× | 2.00× | ▲ 1.5% |
Price history is added with the daily price update and will appear after the next one.