APH Amphenol Corporation Common Stock
$155.88
Price · Aug 21, 2026
Fundamentals as of Jul 31, 2026
52W Range
$105–$179
69% of range
Analyst Rating
BUY
23 analysts
Price Target
$198
+27% upside
P/E (TTM)
46.7
ROE
36.8%
Net Profit Margin
18.5%
About Amphenol Corporation Common Stock Company overview from Wikipedia
Amphenol Corporation is an American producer of electronic and fiber optic connectors, cable and interconnect systems such as coaxial cables. Amphenol is a portmanteau from the corporation's original name, American Phenolic Corp.
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Amphenol Corporation is an American producer of electronic and fiber optic connectors, cable and interconnect systems such as coaxial cables. Amphenol is a portmanteau from the corporation's original name, American Phenolic Corp.
History
Amphenol was founded in Chicago in 1932 by entrepreneur Arthur J. Schmitt, whose first product was a tube socket for radio tubes (valveholder bases). Amphenol expanded significantly during World War II, when the company became the primary manufacturer of connectors used in military hardware, including airplanes and radios. From 1967 to 1982 it was part of Bunker Ramo Corporation.
The company sells its products into diverse electronics markets, including military-aerospace, industrial, automotive, information technology, mobile phones, wireless infrastructure, broadband, medical, and pro audio. Operations are located in more than 60 locations around the world.
Amphenol's world headquarters is located in Wallingford, Connecticut. The largest division of Amphenol is Amphenol Aerospace (formerly Bendix Corporation) in Sidney, New York. This is the birthplace of the MIL-DTL-38999 cylindrical connector. Amphenol engineers also invented the commonly used BNC connector ("Bayonet Neill-Concelman").
Amphenol Fiber Systems International is a fiber optic company started in 1993 that specializes in the fabrication and manufacturing of fiber optic connectivity products and systems. AFSI provides communication systems rooted in fiber optic interconnect technology. AFSI employs over 250 people at its 94,000 square foot facility in the heart of the telecom corridor in Allen, just north of Dallas, Texas.
The Amphenol Cables on Demand division launched in December 2006, specializing in distributing standard cable assemblies via an e-commerce storefront selling over 2500 audio, video, computer, and networking cables. Offices are located in New York, California, Florida, Toronto, and China.
Acquisitions
In 1986, Amphenol acquired Socapex, a French manufacturer of connectors and interconnect systems based in Thyez. The company manufactures a variety of electrical and fiber optic connectors, contacts and accessories for the Defense, Aviation, Rail Mass Transit, Energy, Entertainment and Space industries.
In May 2005, Amphenol acquired SV Microwave, a manufacturer of RF connectors, components and cable assemblies.
On October 10, 2005, Teradyne and Amphenol announced that Amphenol would acquire Teradyne Connection Systems, for about USD $390 million in cash. TCS, based in Nashua, New Hampshire, manufactures high-density electronic connectors, complete backplanes, and systems packaging, a product line that complements Amphenol's existing lines of business.
In February 2008, Amphenol acquired SEFEE, a French electronic manufacturer, the next year in 2009 it acquired Jaybeam Wireless. Jaybeam Wireless became Amphenol Jaybeam and is now Amphenol Antenna Solutions.
On November 15, 2013, Amphenol announced it had entered an agreement to acquire Advanced Sensors Business of GE for approx. $318 million.
In December 2013, Amphenol acquired Tecvox OEM Solutions LLC, a business started by Raj Khanijow based in Huntsville AL. Tecvox is a leader in automotive OEM USB connectivity products. Tecvox was the first automotive company to release the OEM USB based media hub and charger.
On January 8, 2016, Amphenol finalized its deal to acquire FCI Asia Pte Ltd an interconnect company specializing in the telecom, datacom and wireless communications markets.
In July 2016, Amphenol acquired AUXELFTG (AUXEL), a French manufacturer of power busbars and power interconnect solutions.
In January 2017, Amphenol acquired Phitek Ltd, a New Zealand-based manufacturer and the world's leading supplier of electronic noise-cancellation, audio enhancement and other electronic touch point devices in the aircraft cabin.
In June 2017, Amphenol acquired Wilcoxon Research (US), Piezo Technologies (US) and Piher Sensors and Controls (Spain), three Industrial Sensing businesses from the British engineering group Meggitt PLC.
In September 2019. Amphenol Corporation completed the acquisition of XGiga Communication Technology Co., Ltd. [XGiga]. The China-based company, founded in 2008, designs and manufactures active fiber optic interconnect components and optical transceivers for data centers and communications infrastructure markets.
In January 2020, Amphenol acquired Exa Thermometrics India Pvt Ltd, an NTC thermistor based sensing solutions company based in Bangalore, India.
In December 2020, Amphenol announced it had reached an agreement to acquire MTS Systems Corporation in an acquisition completed on April 7, 2021.
In December 2021, Amphenol acquired Skylane Optics in 2021 by purchasing its parent company, Halo Technology Group for approimately $715 million. This strategic move expanded Amphenol's footprint in the global optical networking market, joining sister brands like [ProLabs] and [AddOn Networks]
In May 2024, Amphenol announced that it had acquired Carlisle Interconnect Technology for $2 billion.
In July 2024, Amphenol announced it would acquire CommScope’s Outdoor Wireless Networks (OWN) and Distributed Antenna Systems (DAS) businesses for $2.1 billion in cash. Amphenol subsequently highlighted the return of the ANDREW brand name. In August 2025, Amphenol agreed to buy CommScope's connectivity and cable business unit for $10.5 billion. The acquisition, which included CommScope trademark and logo rights, was completed on January 12, 2026.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
APH Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$155.88
Market Cap
$191.20B
P/E (TTM)
46.7
EPS (TTM)
$3.34
Revenue (TTM)
$23.09B
Div Yield
0.42%
ROE
36.8%
Debt/Equity
—
52W Range
$105 – $179
APH Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Configure
10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$23.09B
2016-12-31
→
2025-12-31
EPS
$3.34
2016-12-31
→
2025-12-31
Free Cash Flow
$4.38B
2016-12-31
→
2025-12-31
Margins
18.5%
2016-12-31
→
2025-12-31
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
APH
Peer Median
P/E (TTM)
46.7
56.9
P/S (TTM)
8.3
5.0
P/B
14.3
3.1
Price / FCF
43.7
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
APH
Peer Median
Gross Margin
36.9%
37.7%
Operating Margin
25.4%
—
Net Profit Margin
18.5%
7.5%
ROA
14.8%
4.4%
ROE
36.8%
7.0%
ROIC
33.6%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
APH
Peer Median
Current Ratio
3.0
2.8
Quick Ratio
2.4
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
APH
Peer Median
Revenue YoY
51.7%
—
Revenue CAGR 3Y
22.3%
—
Revenue CAGR 5Y
21.9%
—
EPS YoY
74.0%
—
Net Income YoY
76.2%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
APH
Peer Median
Payout Ratio
18.8%
—
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
0.42%
Payout Ratio
18.8%
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| June 23, 2026 | $0.2500 |
| March 23, 2026 | $0.2500 |
| Dec. 16, 2025 | $0.2500 |
| Sept. 16, 2025 | $0.1650 |
| June 17, 2025 | $0.1650 |
| March 18, 2025 | $0.1650 |
| Dec. 17, 2024 | $0.1650 |
| Sept. 17, 2024 | $0.1650 |
| June 18, 2024 | $0.1100 |
| March 18, 2024 | $0.1100 |
| Dec. 18, 2023 | $0.1100 |
| Sept. 18, 2023 | $0.1050 |
| June 16, 2023 | $0.1050 |
| March 20, 2023 | $0.1050 |
| Dec. 19, 2022 | $0.1050 |
| Sept. 19, 2022 | $0.1000 |
| June 17, 2022 | $0.1000 |
| March 21, 2022 | $0.1000 |
| Dec. 20, 2021 | $0.1000 |
| Sept. 20, 2021 | $0.0725 |
APH Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
23 analysts
- Strong Buy 5 21.7%
- Buy 15 65.2%
- Hold 3 13.0%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
17 analysts · 2026-08-16
Median
$198.00
← Below all targets
$155.88
Low
$170.00
High
$230.00
Median target
$198.00
+27.0%
Mean target
$198.06
+27.1%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.11%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $1.35 | $1.19 | 0.16% |
| March 31, 2026 | $1.06 | $0.95 | 0.11% |
| Dec. 31, 2025 | $0.97 | $0.94 | 0.03% |
| Sept. 30, 2025 | $0.93 | $0.80 | 0.13% |
| June 30, 2025 | $0.81 | $0.67 | 0.14% |
| March 31, 2025 | $0.63 | $0.52 | 0.11% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| APH | $165.76B | 40.5 | 51.7% | 18.5% | 36.8% | 36.9% |
| GLW | — | 47.8 | 19.1% | 10.2% | 14.2% | 36.0% |
| COHR | $83.87B | 95.7 | 22.5% | 11.3% | 9.7% | — |
| LFUS | — | -90.7 | 8.9% | -3.0% | -3.0% | 38.0% |
| VSH | — | -207.0 | 4.5% | -0.29% | -0.44% | 19.4% |
| BDC | $4.54B | 19.7 | 10.3% | 8.8% | 19.0% | 38.0% |
| BELFA | — | — | 26.3% | 9.1% | 15.7% | 39.1% |
| KN | $1.82B | 42.9 | 7.2% | 7.4% | 5.8% | 43.2% |
| ROG | $1.63B | -26.9 | -2.3% | -7.6% | -5.1% | 31.7% |
| LWLG | $473M | -20.2 | 147.7% | -8576.5% | -39.3% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.09B | $15.22B | $12.55B | $12.62B | $10.88B | $8.60B | $8.23B | $8.20B | $7.01B | $6.29B | $5.57B | $5.35B | |
| Cost of Revenue | $14.58B | $10.08B | $8.47B | $8.59B | $7.47B | $5.93B | $5.61B | $5.55B | $4.70B | $4.25B | $3.79B | $3.65B | |
| Gross Profit | $8.52B | $5.14B | $4.08B | $4.03B | $3.40B | $2.66B | $2.62B | $2.65B | $2.31B | $2.04B | $1.78B | $1.69B | |
| R&D Expense | $647M | $453M | $342M | $324M | $318M | $261M | $234M | $221M | $194M | $166M | $125M | $115M | |
| SG&A Expense | $2.55B | $1.86B | $1.49B | $1.42B | $1.23B | $1.01B | $971M | $960M | $878M | $798M | $669M | $645M | |
| Operating Income | $5.87B | $3.16B | $2.56B | $2.59B | $2.11B | $1.64B | $1.62B | $1.69B | $1.43B | $1.21B | $1.10B | $1.03B | |
| Interest Expense | · | · | $140M | $128M | $116M | $115M | $118M | $102M | $92M | $73M | $68M | $80M | |
| Interest Income | · | · | · | · | · | · | · | · | $20M | $12M | $18M | $20M | |
| Other Non-op | $100M | $72M | $29M | $10M | $-400.0K | $4M | $9M | $3M | $17M | $8M | $16M | $18M | |
| Pretax Income | $5.60B | $3.01B | $2.45B | $2.47B | $1.99B | $1.53B | $1.50B | $1.59B | $1.35B | $1.14B | $1.05B | $972M | |
| Income Tax | $1.30B | $570M | $509M | $551M | $409M | $313M | $332M | $372M | $692M | $308M | $280M | $257M | |
| Net Income | $4.27B | $2.42B | $1.93B | $1.90B | $1.59B | $1.20B | $1.16B | $1.21B | $650M | $823M | $764M | $709M | |
| EPS (Basic) | $3.51 | $2.01 | $1.62 | $1.60 | $2.66 | $2.02 | $1.94 | $4.00 | $2.13 | $2.67 | $2.47 | $2.26 | |
| EPS (Diluted) | $3.34 | $1.92 | $1.55 | $1.53 | $2.54 | $1.96 | $1.88 | $3.85 | $2.06 | $2.61 | $2.41 | $2.21 | |
| Shares (Basic) | 1,218,200,000 | 1,203,800,000 | 1,193,000,000 | 1,192,300,000 | 597,900,000 | 596,100,000 | 595,000,000 | 301,200,000 | 305,700,000 | 308,300,000 | 309,100,000 | 313,100,000 | |
| Shares (Diluted) | 1,277,500,000 | 1,263,600,000 | 1,241,200,000 | 1,242,000,000 | 625,500,000 | 615,000,000 | 615,900,000 | 312,600,000 | 316,500,000 | 315,200,000 | 316,500,000 | 320,400,000 | |
| EBITDA | $6.79B | $3.73B | $2.97B | $2.98B | $2.50B | $1.95B | $1.93B | $1.99B | $1.65B | $1.42B | $1.28B | $1.20B |
Balance Sheet 29
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.13B | $3.32B | $1.48B | $1.37B | $1.20B | $1.70B | $891M | $1.28B | $1.72B | $1.03B | $1.74B | $969M | |
| Short-term Investments | $304M | $18M | $185M | $61M | $44M | $36M | $17M | $12M | $35M | $139M | $23M | $361M | |
| Receivables | $4.72B | $3.29B | $2.62B | $2.63B | $2.45B | $1.95B | $1.74B | $1.79B | $1.60B | $1.35B | $1.10B | $1.12B | |
| Inventory | $3.42B | $2.55B | $2.17B | $2.09B | $1.89B | $1.46B | $1.31B | $1.23B | $1.11B | $929M | $852M | $866M | |
| Prepaid Expense | $691M | $517M | $390M | $320M | $368M | $339M | $256M | $254M | · | · | · | · | |
| Other Current Assets | · | · | · | · | · | · | · | $254M | $197M | $140M | $133M | $133M | |
| Current Assets | $20.27B | $9.69B | $6.84B | $6.48B | $5.96B | $5.49B | $4.21B | $4.57B | $4.66B | $3.59B | $3.85B | $3.45B | |
| PP&E (Net) | $2.31B | $1.71B | $1.31B | $1.20B | $1.18B | $1.05B | $999M | $876M | $817M | $711M | $610M | $591M | |
| PP&E (Gross) | $5.40B | $4.18B | $3.58B | $3.22B | $3.14B | $2.79B | $2.49B | $2.19B | $2.02B | $1.72B | $1.51B | $1.44B | |
| Accum. Depreciation | $3.10B | $2.46B | $2.26B | $2.02B | $1.96B | $1.74B | $1.49B | $1.31B | $1.20B | $1.01B | $901M | $850M | |
| Goodwill | $10.58B | $8.24B | $7.09B | $6.45B | $6.38B | $5.03B | $4.87B | $4.10B | $4.04B | $3.68B | $2.69B | $2.62B | |
| Intangibles | $2.24B | $1.23B | $835M | $734M | $757M | $398M | $442M | $398M | $442M | $474M | $216M | $236M | |
| Other Non-current Assets | $847M | $581M | $449M | $463M | $411M | $352M | $296M | $96M | · | · | · | · | |
| Total Assets | $36.24B | $21.44B | $16.53B | $15.33B | $14.68B | $12.33B | $10.82B | $10.04B | $10.00B | $8.50B | $7.46B | $6.99B | |
| Accounts Payable | $2.66B | $1.82B | $1.35B | $1.31B | $1.31B | $1.12B | $867M | $890M | $876M | $678M | $588M | $618M | |
| Current Liabilities | $6.80B | $4.08B | $3.15B | $2.68B | $2.45B | $2.30B | $2.13B | $2.45B | $1.58B | $1.64B | $1.01B | $1.05B | |
| Capital Leases | $425M | $286M | $212M | $208M | $180M | $161M | $145M | · | · | · | · | · | |
| Deferred Tax | $433M | $377M | $367M | $410M | $424M | $299M | $260M | $256M | $209M | $48M | $67M | · | |
| Other Non-current Liabilities | $788M | $509M | $454M | $443M | $439M | $407M | $424M | $277M | $326M | $139M | $96M | · | |
| Total Liabilities | $22.73B | $11.58B | $8.10B | $8.23B | $8.30B | $6.88B | · | · | · | · | · | · | |
| Long-term Debt | · | · | · | · | · | · | · | · | $3.54B | $3.01B | $2.81B | $2.66B | |
| Total Debt | · | · | · | · | · | · | · | · | $3.54B | $3.01B | $2.81B | $2.67B | |
| Common Stock | $1M | $1M | $1M | $600.0K | $600.0K | $600.0K | $300.0K | $300.0K | $300.0K | $300.0K | $300.0K | $300.0K | |
| Retained Earnings | $9.85B | $7.11B | $5.92B | $4.98B | $4.28B | $3.71B | $3.35B | $3.03B | $2.94B | $3.12B | $2.80B | $2.45B | |
| Treasury Stock | $196M | $200M | $143M | $80M | $100M | $111M | $71M | $55M | · | · | · | · | |
| AOCI | $-480M | $-716M | $-534M | $-535M | $-286M | $-278M | $-431M | $-390M | $-201M | $-469M | $-350M | $-206M | |
| Stockholders' Equity | $13.41B | $9.79B | $8.35B | $7.02B | $6.30B | $5.38B | $4.53B | $4.02B | $3.99B | $3.67B | $3.24B | $2.91B | |
| Liabilities + Equity | $36.24B | $21.44B | $16.53B | $15.33B | $14.68B | $12.33B | $10.82B | $10.04B | $10.00B | $8.50B | $7.46B | $6.99B | |
| Shares Outstanding | 1,226,600,000 | 1,209,300,000 | 1,197,800,000 | 594,800,000 | 599,100,000 | 598,700,000 | 297,900,000 | 298,500,000 | 306,000,000 | 308,000,000 | 308,000,000 | 310,000,000 |
Cash Flow 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $922M | $572M | $406M | $393M | $396M | $308M | $312M | $300M | $227M | $217M | $172M | $168M | |
| Stock-based Comp | $135M | $110M | $99M | $90M | $83M | $70M | $63M | $56M | $50M | $48M | $44M | $41M | |
| Deferred Tax | $-66M | $-83M | $-59M | $-5M | $-30M | $31M | $15M | $-12M | $186M | $-30M | $13M | $10M | |
| Amort. of Intangibles | $192M | $155M | $86M | $81M | $86M | $50M | $67M | $47M | $49M | $55M | $35M | $37M | |
| Other Non-cash | $112M | $-208M | $154M | $-205M | $-500M | $-21M | $-43M | $-436M | $31M | $20M | $30M | $-54M | |
| Operating Cash Flow | $5.37B | $2.81B | $2.53B | $2.17B | $1.54B | $1.59B | $1.50B | $1.11B | $1.14B | $1.08B | $1.03B | $881M | |
| CapEx | $997M | $665M | $373M | $384M | $360M | $277M | $295M | $311M | $227M | $191M | $172M | $209M | |
| Investing Cash Flow | $-5.08B | $-2.65B | $-1.39B | $-731M | $-1.89B | $-334M | $-1.23B | $-442M | $-380M | $-1.61B | $-27M | · | |
| Debt Issued | · | · | · | · | · | · | · | · | · | · | $133M | $806M | |
| Net Debt Issued | · | · | · | · | · | · | · | · | $-375M | · | $-85M | $-3.90B | |
| Stock Repurchased | $665M | $689M | $585M | $730M | $662M | $641M | $602M | $935M | $618M | $326M | $249M | $539M | |
| Net Stock Activity | $-665M | $-689M | $-585M | $-730M | $-662M | $-641M | $-602M | $-935M | $-618M | $-326M | $-249M | $-539M | |
| Dividends Paid | $802M | $595M | $501M | $477M | $347M | $298M | $280M | $254M | $205M | $173M | $159M | $102M | |
| Financing Cash Flow | $7.42B | $1.73B | $-1.01B | $-1.20B | $-145M | $-517M | $-648M | $-1.07B | $-140M | $-134M | $-180M | · | |
| Net Change in Cash | $7.81B | $1.84B | $102M | $176M | $-505M | $811M | $-388M | $-440M | $684M | $-703M | $768M | $82M | |
| Taxes Paid | $1.08B | $650M | $560M | $478M | $446M | $337M | $408M | $393M | $325M | $247M | $251M | $210M | |
| Free Cash Flow | $4.38B | $2.15B | $2.16B | $1.79B | $1.18B | $1.32B | $1.21B | $802M | $918M | $887M | $858M | $672M | |
| Levered FCF | · | · | $2.05B | $1.69B | $1.09B | $1.22B | $1.12B | $724M | $873M | $834M | $808M | $613M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.9% | 33.8% | 32.5% | 31.9% | 31.3% | 31.0% | 31.8% | 32.4% | 33.0% | 32.5% | 32.0% | 31.7% | |
| Operating Margin | 25.4% | 20.7% | 20.4% | 20.5% | 19.4% | 19.1% | 19.7% | 20.6% | 20.4% | 19.2% | 19.8% | 19.4% | |
| Net Margin | 18.5% | 15.9% | 15.4% | 15.1% | 14.6% | 14.0% | 14.0% | 14.7% | 9.3% | 13.1% | 13.9% | 13.4% | |
| Pretax Margin | 24.2% | 19.8% | 19.6% | 19.6% | 18.3% | 17.8% | 18.2% | 19.4% | 19.3% | 18.1% | 18.9% | 18.2% | |
| EBITDA Margin | 29.4% | 24.5% | 23.6% | 23.6% | 23.0% | 22.6% | 23.5% | 24.2% | 23.6% | 22.6% | 22.9% | 22.5% | |
| ROA | 14.8% | 12.8% | 12.1% | 12.7% | 11.8% | 10.4% | 11.1% | 12.0% | 7.0% | 10.3% | 10.7% | 10.8% | |
| ROE | 36.8% | 26.7% | 25.1% | 28.6% | 27.2% | 24.3% | 27.0% | 30.1% | 17.0% | 23.8% | 25.1% | 24.8% | |
| ROIC | 33.6% | 26.1% | 24.3% | 28.6% | 26.5% | 24.2% | 27.8% | 32.2% | 9.3% | 13.2% | 13.4% | 13.6% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.0 | 2.4 | 2.2 | 2.4 | 2.4 | 2.4 | 2.0 | 1.9 | 2.9 | 2.2 | 3.8 | 3.4 | |
| Quick Ratio | 2.4 | 1.6 | 1.4 | 1.5 | 1.5 | 1.6 | 1.2 | 1.3 | 2.1 | 1.5 | 2.8 | 2.3 | |
| Debt / Equity | · | · | · | · | · | · | · | · | 0.9 | 0.8 | 0.9 | 0.9 | |
| LT Debt / Equity | · | · | · | · | · | · | · | · | 0.9 | 0.7 | 0.9 | 0.9 | |
| Interest Coverage | · | · | 18.3 | 20.1 | 18.2 | 14.2 | 13.8 | 16.6 | 15.5 | 16.6 | 16.2 | 12.9 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | |
| Inventory Turnover | 4.9 | 4.3 | 4.0 | 4.3 | 4.5 | 4.3 | 4.4 | 4.7 | 4.6 | 4.8 | 4.4 | 4.4 | |
| Receivables Turnover | 5.8 | 5.2 | 4.8 | 5.0 | 4.9 | 4.7 | 4.7 | 4.8 | 4.8 | 5.1 | 5.0 | 5.0 |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 51.7% | 21.2% | -0.54% | 16.1% | 26.5% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 22.3% | 11.9% | 13.5% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 21.9% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 74.0% | 23.9% | 1.3% | -39.8% | 29.6% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 29.7% | -8.9% | -7.5% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 11.2% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 76.2% | 25.7% | 1.4% | 19.6% | 32.2% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 30.9% | 15.1% | 17.0% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 28.8% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 21.9% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $23.09B | $15.22B | $12.55B | $12.62B | $10.88B | $8.60B | $8.23B | $8.20B | $7.01B | $6.29B | $5.57B | $5.35B | |
| Net Income TTM | $4.27B | $2.42B | $1.93B | $1.90B | $1.59B | $1.20B | $1.16B | $1.21B | $650M | $823M | $764M | $709M | |
| Market Cap | $165.76B | $83.99B | $29.68B | $22.64B | $26.20B | $9.78B | $8.06B | $6.05B | $6.71B | $5.18B | $4.02B | $4.17B | |
| Enterprise Value | · | · | · | · | · | · | · | · | $8.50B | $7.02B | $5.07B | $5.51B | |
| P/E | 40.5 | 36.2 | 32.0 | 24.9 | 17.2 | 16.7 | 14.4 | 5.3 | 10.7 | 6.4 | 5.4 | 6.1 | |
| P/S | 7.2 | 5.5 | 2.4 | 1.8 | 2.4 | 1.1 | 1.0 | 0.7 | 1.0 | 0.8 | 0.7 | 0.8 | |
| P/B | 12.4 | 8.6 | 3.6 | 3.2 | 4.2 | 1.8 | 1.8 | 1.5 | 1.7 | 1.4 | 1.2 | 1.4 | |
| P / Tangible Book | 278.0 | 254.0 | 70.8 | · | · | · | · | · | · | · | · | · | |
| P / Cash Flow | 30.8 | 29.8 | 11.7 | 10.4 | 17.0 | 6.1 | 5.4 | 5.4 | 5.9 | 4.8 | 3.9 | 4.7 | |
| P / FCF | 37.9 | 39.1 | 13.8 | 12.6 | 22.2 | 7.4 | 6.7 | 7.5 | 7.3 | 5.8 | 4.7 | 6.2 | |
| EV / EBITDA | · | · | · | · | · | · | · | · | 5.1 | 4.9 | 4.0 | 4.6 | |
| EV / FCF | · | · | · | · | · | · | · | · | 9.3 | 7.9 | 5.9 | 8.2 | |
| EV / Revenue | · | · | · | · | · | · | · | · | 1.2 | 1.1 | 0.9 | 1.0 | |
| Dividend Yield | 0.48% | 0.71% | 1.7% | 2.1% | 1.3% | 3.0% | 3.5% | 4.2% | 3.1% | 3.3% | 4.0% | 2.4% | |
| Earnings Yield | 2.5% | 2.8% | 3.1% | 4.0% | 5.8% | 6.0% | 7.0% | 19.0% | 9.4% | 15.5% | 18.5% | 16.4% | |
| Payout Ratio | 18.8% | 24.6% | 26.0% | 25.1% | 21.8% | 24.7% | 24.2% | 21.1% | 31.5% | 21.0% | 20.6% | 14.2% | |
| Annual Payout | $802M | $595M | $501M | $477M | $347M | $298M | $280M | $254M | $205M | $173M | $159M | $102M |
Income Statement 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.76B | $7.62B | $6.44B | $6.19B | $5.65B | $4.81B | $4.32B | $4.04B | $3.61B | $3.26B | $3.33B | $3.20B | $3.05B | $2.97B | $3.24B | $3.30B | |
| Cost of Revenue | $5.21B | $4.82B | $3.98B | $3.84B | $3.60B | $3.17B | $2.84B | $2.68B | $2.40B | $2.17B | $2.23B | $2.15B | $2.06B | $2.03B | $2.20B | $2.24B | |
| Gross Profit | $3.55B | $2.80B | $2.46B | $2.36B | $2.05B | $1.64B | $1.48B | $1.36B | $1.21B | $1.09B | $1.10B | $1.05B | $992M | $943M | $1.04B | $1.06B | |
| SG&A Expense | $940M | $852M | $691M | $657M | $622M | $575M | $515M | $492M | $444M | $404M | $394M | $382M | $368M | $346M | $362M | $367M | |
| Operating Income | $2.58B | $1.83B | $1.72B | $1.70B | $1.42B | $1.02B | $954M | $820M | $699M | $685M | $690M | $658M | $620M | $592M | $666M | $681M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $38M | · | $34M | $35M | $36M | · | $33M | |
| Other Non-op | $18M | $22M | $56M | $19M | $10M | $15M | $24M | $11M | $21M | $16M | $10M | $9M | $6M | $4M | $3M | $3M | |
| Pretax Income | $2.39B | $1.65B | $1.65B | $1.64B | $1.35B | $963M | $910M | $775M | $664M | $663M | $666M | $634M | $596M | $560M | $632M | $651M | |
| Income Tax | $604M | $702M | $444M | $386M | $247M | $219M | $158M | $166M | $135M | $111M | $146M | $115M | $131M | $117M | $122M | $150M | |
| Net Income | $1.77B | $933M | $1.20B | $1.25B | $1.09B | $738M | $746M | $604M | $525M | $549M | $514M | $514M | $460M | $439M | $508M | $497M | |
| EPS (Basic) | $1.44 | $0.76 | $0.98 | $1.02 | $0.90 | $0.61 | $0.61 | $0.50 | $0.44 | $0.46 | $0.06 | $0.43 | $0.39 | $0.74 | $-0.73 | $0.83 | |
| EPS (Diluted) | $1.37 | $0.72 | $0.93 | $0.97 | $0.86 | $0.58 | $0.59 | $0.48 | $0.41 | $0.44 | $0.06 | $0.41 | $0.37 | $0.71 | $-0.71 | $0.80 | |
| Shares (Basic) | 1,230,400,000 | 1,228,900,000 | -2,428,700,000 | 1,221,800,000 | 1,215,300,000 | 1,209,800,000 | -2,403,400,000 | 1,204,900,000 | 1,202,300,000 | 1,200,000,000 | -1,787,400,000 | 1,195,400,000 | 1,189,900,000 | 595,100,000 | -597,500,000 | 595,300,000 | |
| Shares (Diluted) | 1,289,200,000 | 1,289,700,000 | -2,543,700,000 | 1,282,800,000 | 1,272,200,000 | 1,266,200,000 | -2,522,700,000 | 1,265,500,000 | 1,264,900,000 | 1,255,900,000 | -1,859,300,000 | 1,244,100,000 | 1,236,500,000 | 619,900,000 | -622,600,000 | 619,300,000 | |
| EBITDA | $2.93B | $2.32B | · | $1.93B | $1.63B | $1.26B | · | $1.02B | $822M | $789M | · | $759M | $714M | $688M | · | $784M |
Balance Sheet 26
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.73B | $4.13B | $11.13B | $3.80B | $3.21B | $1.66B | $3.32B | $1.56B | $1.25B | $1.86B | · | $1.48B | $1.33B | $1.39B | · | $1.19B | |
| Short-term Investments | $690M | $455M | $304M | $89M | $19M | $14M | $18M | $20M | $50M | $106M | · | $252M | $178M | $108M | · | $63M | |
| Receivables | $6.79B | $5.87B | $4.72B | $4.54B | $4.27B | $3.92B | $3.29B | $3.13B | $2.86B | $2.50B | · | $2.57B | $2.44B | $2.41B | · | $2.64B | |
| Inventory | $4.55B | $4.09B | $3.42B | $3.30B | $3.14B | $2.91B | $2.55B | $2.58B | $2.40B | $2.15B | · | $2.10B | $2.00B | $2.11B | · | $2.08B | |
| Prepaid Expense | $1.06B | $841M | $691M | $652M | $664M | $635M | $517M | $480M | $415M | $424M | · | $369M | $377M | $378M | · | $355M | |
| Current Assets | $17.82B | $15.38B | $20.27B | $12.38B | $11.30B | $9.13B | $9.69B | $7.77B | $6.97B | $7.04B | · | $6.77B | $6.32B | $6.39B | · | $6.33B | |
| PP&E (Net) | $2.93B | $2.69B | $2.31B | $2.14B | $2.05B | $1.85B | $1.71B | $1.67B | $1.53B | $1.31B | · | $1.25B | $1.26B | $1.24B | · | $1.17B | |
| PP&E (Gross) | · | · | $5.40B | · | · | · | $4.18B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | $3.47B | $3.26B | $3.10B | $2.95B | $2.79B | $2.59B | $2.46B | $2.48B | $2.33B | $2.30B | · | $2.16B | $2.11B | $2.10B | · | $1.90B | |
| Goodwill | $17.55B | $17.54B | $10.58B | $9.87B | $9.65B | $9.27B | $8.24B | $8.35B | $8.26B | $7.10B | $7.09B | $6.57B | $6.52B | $6.54B | $6.45B | $6.34B | |
| Intangibles | $5.29B | $5.40B | $2.24B | $1.98B | $1.99B | $2.00B | $1.23B | $1.25B | $1.31B | $785M | · | $744M | $724M | $743M | · | $754M | |
| Other Non-current Assets | $1.21B | $1.12B | $847M | $767M | $675M | $638M | $581M | $543M | $510M | $483M | · | $420M | $416M | $461M | · | $513M | |
| Total Assets | $44.81B | $42.13B | $36.24B | $27.14B | $25.67B | $22.90B | $21.44B | $19.59B | $18.59B | $16.72B | · | $15.76B | $15.24B | $15.38B | · | $15.10B | |
| Accounts Payable | $4.01B | $3.18B | $2.66B | $2.46B | $2.37B | $2.14B | $1.82B | $1.76B | $1.52B | $1.26B | · | $1.25B | $1.12B | $1.18B | · | $1.39B | |
| Current Liabilities | $9.44B | $8.97B | $6.80B | $5.98B | $5.60B | $4.59B | $4.08B | $3.90B | $3.46B | $3.42B | · | $2.91B | $2.71B | $2.43B | · | $2.65B | |
| Capital Leases | · | · | $425M | · | · | · | $286M | · | · | · | · | · | · | · | · | · | |
| Deferred Tax | $1.38B | $1.27B | $433M | $378M | $369M | $387M | $377M | $440M | $446M | $371M | · | $413M | $407M | $412M | · | $442M | |
| Other Non-current Liabilities | $1.03B | $1.00B | $788M | $895M | $822M | $602M | $509M | $489M | $458M | $465M | · | $433M | $428M | $464M | · | $436M | |
| Total Liabilities | $29.18B | $28.04B | $22.73B | $14.54B | $14.07B | $12.53B | $11.58B | $10.06B | $9.54B | $7.96B | · | $7.82B | $7.65B | $8.00B | · | $8.45B | |
| Common Stock | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $600.0K | · | $600.0K | $600.0K | $600.0K | · | $600.0K | |
| Retained Earnings | $11.64B | $10.43B | $9.85B | $9.15B | $8.14B | $7.45B | $7.11B | $6.75B | $6.35B | $6.16B | · | $5.67B | $5.29B | $5.12B | · | $4.78B | |
| Treasury Stock | $256M | $310M | $196M | $221M | $105M | $174M | $200M | $237M | $74M | $104M | · | $171M | $50M | $70M | · | $98M | |
| AOCI | $-404M | $-494M | $-480M | $-508M | $-470M | $-644M | $-716M | $-520M | $-648M | $-603M | · | $-658M | $-592M | $-493M | · | $-672M | |
| Stockholders' Equity | $15.49B | $13.98B | $13.41B | $12.52B | $11.52B | $10.30B | $9.79B | $9.45B | $8.98B | $8.68B | · | $7.86B | $7.51B | $7.31B | · | $6.57B | |
| Liabilities + Equity | $44.81B | $42.13B | $36.24B | $27.14B | $25.67B | $22.90B | $21.44B | $19.59B | $18.59B | $16.72B | · | $15.76B | $15.24B | $15.38B | · | $15.10B | |
| Shares Outstanding | · | · | 1,226,600,000 | · | · | · | 1,209,300,000 | · | · | · | · | · | · | · | · | · |
Cash Flow 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $341M | $486M | $249M | $228M | $209M | $236M | $144M | $201M | $124M | $104M | $115M | $101M | $94M | $96M | $108M | $103M | |
| Stock-based Comp | $45M | $34M | $41M | $37M | $31M | $27M | $30M | $30M | $27M | $24M | $27M | $27M | $24M | $22M | $25M | $24M | |
| Deferred Tax | $114M | $166M | $-25M | $-5M | $-22M | $-14M | $-49M | $-14M | $-21M | $2M | $-52M | $-2M | $-6M | $100.0K | $-22M | $-900.0K | |
| Amort. of Intangibles | $122M | $146M | $59M | $46M | $40M | $47M | $28M | $66M | $40M | $20M | $27M | $18M | $18M | $23M | $24M | $22M | |
| Other Non-cash | · | $-497M | · | · | · | $-222M | · | · | · | $-79M | · | · | · | $-25M | · | · | |
| Operating Cash Flow | $1.56B | $1.12B | $1.72B | $1.47B | $1.42B | $765M | $847M | $704M | $664M | $600M | $842M | $618M | $536M | $532M | $705M | $576M | |
| CapEx | $356M | $292M | $254M | $257M | $297M | $189M | $200M | $230M | $141M | $94M | $105M | $75M | $95M | $98M | $94M | $121M | |
| Investing Cash Flow | $-673M | $-11.03B | $-1.50B | $-614M | $-612M | $-2.35B | $-250M | $-202M | $-2.18B | $-17M | $-689M | $-329M | $-118M | $-257M | $-81M | $-273M | |
| Stock Repurchased | $208M | $178M | $171M | $153M | $160M | $181M | $169M | $176M | $190M | $154M | $115M | $149M | $154M | $167M | $170M | $170M | |
| Net Stock Activity | · | $-178M | · | · | · | $-181M | · | · | · | $-154M | · | · | · | $-167M | · | · | |
| Dividends Paid | $307M | $307M | $202M | $201M | $200M | $200M | $199M | $132M | $132M | $132M | $126M | $125M | $125M | $125M | $119M | $119M | |
| Financing Cash Flow | $-313M | $2.90B | $7.08B | $-266M | $701M | $-89M | $1.21B | $-228M | $920M | $-176M | $-190M | $-118M | $-439M | $-265M | $-495M | $-263M | |
| Net Change in Cash | $601M | $-7.00B | $7.33B | $592M | $1.55B | $-1.66B | $1.75B | $310M | $-605M | $382M | $-6M | $156M | $-66M | $18M | $184M | $-26M | |
| Taxes Paid | $811M | $348M | $257M | $325M | $334M | $168M | $134M | $157M | $229M | $130M | $137M | $99M | $208M | $116M | $90M | $140M | |
| Free Cash Flow | · | $830M | · | · | · | $576M | · | · | · | $505M | · | · | · | $435M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $473M | · | · | · | $406M | · | · |
Profitability 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 40.5% | 36.8% | · | 38.1% | 36.3% | 34.2% | · | 33.6% | 33.6% | 33.4% | · | 32.8% | 32.5% | 31.7% | · | 32.2% | |
| Operating Margin | 29.5% | 24.0% | · | 27.5% | 25.1% | 21.3% | · | 20.3% | 19.4% | 21.0% | · | 20.6% | 20.3% | 19.9% | · | 20.7% | |
| Net Margin | 20.2% | 12.2% | · | 20.1% | 19.3% | 15.3% | · | 15.0% | 14.5% | 16.9% | · | 16.1% | 15.1% | 14.8% | · | 15.1% | |
| Pretax Margin | 27.3% | 21.6% | · | 26.5% | 23.9% | 20.0% | · | 19.2% | 18.4% | 20.3% | · | 19.8% | 19.5% | 18.8% | · | 19.8% | |
| EBITDA Margin | 33.4% | 30.4% | · | 31.2% | 28.8% | 26.2% | · | 25.3% | 22.8% | 24.2% | · | 23.7% | 23.4% | 23.1% | · | 23.8% | |
| ROA | 5.0% | 2.9% | · | 5.3% | 4.9% | 3.7% | · | 3.4% | 3.1% | 3.4% | · | 3.3% | 3.0% | 2.9% | · | 3.3% | |
| ROE | 13.1% | 7.7% | · | 11.3% | 10.7% | 7.8% | · | 7.0% | 6.4% | 6.9% | · | 7.1% | 6.6% | 6.4% | · | 7.9% | |
| ROIC | 12.5% | 7.5% | · | 10.4% | 10.1% | 7.7% | · | 6.8% | 6.2% | 6.6% | · | 6.9% | 6.4% | 6.4% | · | 8.0% |
Liquidity & Solvency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.9 | 1.7 | · | 2.1 | 2.0 | 2.0 | · | 2.0 | 2.0 | 2.1 | · | 2.3 | 2.3 | 2.6 | · | 2.4 | |
| Quick Ratio | 1.3 | 1.2 | · | 1.4 | 1.3 | 1.2 | · | 1.2 | 1.2 | 1.3 | · | 1.5 | 1.5 | 1.6 | · | 1.5 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | 18.0 | · | 19.6 | 17.7 | 16.5 | · | 20.8 |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.3 | 0.3 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | |
| Inventory Turnover | 1.4 | 1.4 | · | 1.3 | 1.3 | 1.3 | · | 1.1 | 1.1 | 1.0 | · | 1.0 | 1.0 | 1.0 | · | 1.1 | |
| Receivables Turnover | 1.6 | 1.6 | · | 1.6 | 1.6 | 1.5 | · | 1.4 | 1.4 | 1.3 | · | 1.2 | 1.2 | 1.2 | · | 1.4 |
Valuation (TTM) 6
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $28.22B | $24.28B | · | $20.69B | $18.11B | $15.72B | · | $14.10B | $13.12B | $12.48B | · | $12.52B | $12.46B | $12.36B | · | $12.20B | |
| Net Income TTM | $5.04B | $4.01B | · | $3.68B | $2.96B | $2.42B | · | $2.19B | $2.05B | $1.96B | · | $1.91B | $1.87B | $1.83B | · | $1.82B | |
| P/E | 45.0 | 40.4 | · | 42.8 | 42.4 | 34.3 | · | 37.4 | 41.3 | 29.9 | · | 18.3 | 16.1 | 13.9 | · | 11.5 | |
| Earnings Yield | 2.2% | 2.5% | · | 2.3% | 2.4% | 2.9% | · | 2.7% | 2.4% | 3.4% | · | 5.5% | 6.2% | 7.2% | · | 8.7% | |
| Payout Ratio | 17.4% | 32.9% | · | 16.2% | 18.3% | 27.0% | · | 21.9% | 25.2% | 24.0% | · | 24.3% | 27.1% | 28.4% | · | 24.0% | |
| Annual Payout | $1.01B | $907M | · | $733M | $664M | $596M | · | $521M | $514M | $507M | · | $494M | $488M | $483M | · | $445M |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $23.09B | $15.22B | $12.55B | $12.62B | $10.88B |
| Gross Margin % | 36.9% | 33.8% | 32.5% | 31.9% | 31.3% |
| Operating Margin % | 25.4% | 20.7% | 20.4% | 20.5% | 19.4% |
| Net Income | $4.27B | $2.42B | $1.93B | $1.90B | $1.59B |
| Diluted EPS | $3.34 | $1.92 | $1.55 | $1.53 | $2.54 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Current Ratio | 3.0 | 2.4 | 2.2 | 2.4 | 2.4 |
| Quick Ratio | 2.4 | 1.6 | 1.4 | 1.5 | 1.5 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $4.38B | $2.15B | $2.16B | $1.79B | $1.18B |
Latest News Recent headlines mentioning this company
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Institutional owners (13F) 2,507 filers · $126.9B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 358 (+67 vs prior Q) | 130 (-9 vs prior Q) | 953 (+94 vs prior Q) | 797 (-23 vs prior Q) | +51.1M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $14,166,819,714 | 80,347,208 | 11.16% | Shares |
| STATE STREET CORP | $10,504,081,210 | 59,492,948 | 8.27% | Shares |
| FMR LLC | $8,743,057,647 | 49,586,307 | 6.89% | Shares |
| Capital International Investors | $7,586,843,857 | 43,036,258 | 5.98% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $6,292,646,219 | 35,688,783 | 4.96% | Shares |
| Capital Research Global Investors | $5,198,251,779 | 29,487,845 | 4.10% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $4,773,476,712 | 27,128,210 | 3.76% | Shares |
| NORGES BANK | $3,384,262,982 | 19,193,869 | 2.67% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $2,772,777,288 | 15,725,824 | 2.18% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $2,095,758,034 | 11,886,105 | 1.65% | Shares |
| JENNISON ASSOCIATES LLC | $1,592,628,665 | 9,032,604 | 1.25% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $1,246,372,050 | 7,068,807 | 0.98% | Shares |
| AMERICAN CENTURY COMPANIES INC | $1,212,591,607 | 6,877,221 | 0.96% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $1,097,035,295 | 6,221,795 | 0.86% | Shares |
| NEUBERGER BERMAN GROUP LLC | $1,038,525,264 | 5,890,182 | 0.82% | Shares |
| FLOSSBACH VON STORCH SE | $997,436,421 | 5,656,967 | 0.79% | Shares |
| JANUS HENDERSON GROUP PLC | $982,167,322 | 7,773,386 | 0.77% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $900,665,928 | 5,108,142 | 0.71% | Shares |
| Egerton Capital (UK) LLP | $858,094,428 | 4,866,688 | 0.68% | Shares |
| AMERIPRISE FINANCIAL INC | $836,554,474 | 4,744,645 | 0.66% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $794,198,077 | 4,504,302 | 0.63% | Shares |
| ALLIANCEBERNSTEIN L.P. | $762,514,922 | 6,034,942 | 0.60% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $729,917,546 | 4,139,732 | 0.58% | Shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $627,786,302 | 3,560,494 | 0.49% | Shares |
| Swiss National Bank | $611,389,600 | 3,467,500 | 0.48% | Shares |
| National Pension Service | $595,623,066 | 3,378,080 | 0.47% | Shares |
| UBS Group AG | $567,648,840 | 3,219,424 | 0.45% | Shares |
| Rathbones Group PLC | $559,078,629 | 3,170,818 | 0.44% | Shares |
| EDGEWOOD MANAGEMENT LLC | $553,992,856 | 3,141,974 | 0.44% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $546,259,244 | 3,098,752 | 0.43% | Shares |
| BlackRock, Inc. | $540,131,106 | 3,063,357 | 0.43% | Shares |
| LAZARD ASSET MANAGEMENT LLC | $537,314,236 | 3,047,381 | 0.42% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $493,282,642 | 3,012,965 | 0.39% | Shares |
| Alecta Tjanstepension Omsesidigt | $481,804,092 | 2,732,400 | 0.38% | Shares |
| BARCLAYS PLC | $477,004,138 | 2,705,332 | 0.38% | Shares |
| Vanguard Global Advisers, LLC | $467,808,698 | 2,653,180 | 0.37% | Shares |
| Legal & General Group Plc | $456,570,241 | 2,589,441 | 0.36% | Shares |
| Nuveen, LLC | $448,260,637 | 2,542,313 | 0.35% | Shares |
| California Public Employees Retirement System | $445,290,518 | 2,525,468 | 0.35% | Shares |
| BLAIR WILLIAM & CO/IL | $441,083,270 | 2,501,607 | 0.35% | Shares |
| Man Group plc | $434,935,597 | 2,466,740 | 0.34% | Shares |
| Capital World Investors | $431,292,826 | 2,446,080 | 0.34% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $423,899,728 | 2,404,150 | 0.33% | Shares |
| Mawer Investment Management Ltd. | $415,812,811 | 2,358,285 | 0.33% | Shares |
| Alyeska Investment Group, L.P. | $408,741,145 | 2,318,178 | 0.32% | Shares |
| RAYMOND JAMES FINANCIAL INC | $406,436,031 | 2,305,105 | 0.32% | Shares |
| RHUMBLINE ADVISERS | $401,242,293 | 2,275,649 | 0.32% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $394,695,670 | 2,238,519 | 0.31% | Shares |
| GOLDMAN SACHS GROUP INC | $388,429,562 | 2,202,981 | 0.31% | Shares |
| BANK OF AMERICA CORP /DE/ | $378,908,858 | 2,148,984 | 0.30% | Shares |
| Local Pensions Partnership Investment Ltd | $344,162,778 | 1,951,700 | 0.27% | Shares |
| FIRST TRUST ADVISORS LP | $324,923,437 | 1,842,807 | 0.26% | Shares |
| Bank Julius Baer & Co. Ltd, Zurich | $322,487,924 | 1,845,527 | 0.25% | Shares |
| USS Investment Management Ltd | $320,585,092 | 1,817,788 | 0.25% | Shares |
| Navera Investment Management Ltd. | $318,098,708 | 1,803,934 | 0.25% | Shares |
| LPL Financial LLC | $302,180,219 | 1,713,817 | 0.24% | Shares |
| BAMCO INC /NY/ | $281,769,763 | 1,598,059 | 0.22% | Shares |
| JANE STREET GROUP, LLC | $280,648,544 | 1,591,700 | 0.22% | Put option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $275,817,376 | 1,564,300 | 0.22% | Call option |
| Maren Capital LLC | $273,628,904 | 1,551,888 | 0.22% | Shares |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $270,661,603 | 1,535,059 | 0.21% | Shares |
| JANE STREET GROUP, LLC | $270,598,304 | 1,534,700 | 0.21% | Call option |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $268,577,852 | 1,523,241 | 0.21% | Shares |
| Fenimore Asset Management Inc | $261,730,478 | 1,484,406 | 0.21% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $261,535,456 | 1,483,300 | 0.21% | Put option |
| Balyasny Asset Management L.P. | $256,715,396 | 1,455,963 | 0.20% | Shares |
| Qube Research & Technologies Ltd | $256,695,472 | 1,455,850 | 0.20% | Shares |
| Baird Financial Group, Inc. | $253,147,737 | 1,435,729 | 0.20% | Shares |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $250,924,518 | 1,423,120 | 0.20% | Shares |
| James Hambro & Partners LLP | $247,835,533 | 1,405,282 | 0.20% | Shares |
| VANGUARD GROUP INC | $245,721,143 | 1,818,271 | 0.19% | Shares |
| TD Asset Management Inc | $242,096,529 | 1,373,052 | 0.19% | Shares |
| MACKENZIE FINANCIAL CORP | $237,275,411 | 1,345,709 | 0.19% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $236,910,546 | 1,875,034 | 0.19% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $236,842,509 | 1,344,484 | 0.19% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $232,961,918 | 1,321,245 | 0.18% | Shares |
| DAVIS R M INC | $231,396,241 | 1,310,574 | 0.18% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $229,424,234 | 1,301,181 | 0.18% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $220,790,939 | 1,747,455 | 0.17% | Shares |
| Select Equity Group, L.P. | $220,392,595 | 1,249,958 | 0.17% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $217,431,124 | 1,233,162 | 0.17% | Shares |
| CONGRESS ASSET MANAGEMENT CO | $215,255,165 | 1,220,821 | 0.17% | Shares |
| Impax Asset Management Group plc | $210,752,550 | 1,195,285 | 0.17% | Shares |
| Madison Asset Management, LLC | $207,371,994 | 1,176,112 | 0.16% | Shares |
| 1832 Asset Management L.P. | $198,853,167 | 1,127,797 | 0.16% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $194,800,000 | 1,104,809 | 0.15% | Shares |
| CHILTON INVESTMENT CO INC. | $194,244,515 | 1,101,659 | 0.15% | Shares |
| APG Asset Management N.V. | $188,731,799 | 1,223,781 | 0.15% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $188,720,409 | 1,070,329 | 0.15% | Shares |
| AVIVA PLC | $186,119,337 | 1,055,577 | 0.15% | Shares |
| MILLENNIUM MANAGEMENT LLC | $183,831,232 | 1,042,600 | 0.14% | Call option |
| NZS Capital, LLC | $180,609,866 | 1,024,330 | 0.14% | Shares |
| VAN ECK ASSOCIATES CORP | $175,930,685 | 997,792 | 0.14% | Shares |
| JOHNSON INVESTMENT COUNSEL INC | $175,371,883 | 994,623 | 0.14% | Shares |
| Polar Capital Holdings Plc | $172,323,002 | 977,331 | 0.14% | Shares |
| Carmignac Gestion | $170,988,612 | 969,763 | 0.13% | Shares |
| Quantinno Capital Management LP | $170,693,178 | 968,087 | 0.13% | Shares |
| Aberdeen Group plc | $166,713,557 | 945,517 | 0.13% | Shares |
| Nuveen Asset Management, LLC | $164,996,973 | 2,375,766 | 0.13% | Shares |
| COOKSON PEIRCE & CO INC | $164,272,822 | 931,674 | 0.13% | Shares |
Company insiders 68 insiders · 25 officers · 24 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Richard Adam Norwitt | President & CEO | July 31, 2026 M | 864,177 | 0 | 7 | $-219,273,342 |
| Peter Straub | President, ISS Division | May 22, 2026 A | 0 | 0 | 3 | $-28,459,200 |
| William J Doherty | President, CS Division | May 22, 2026 A | 0 | 0 | 2 | $-22,643,200 |
| Luc Walter | President, HES Division | May 22, 2026 A | 353,742 | 0 | 2 | $-49,163,139 |
| Jean-Luc Gavelle | President, ISS Division | Aug. 31, 2023 M | 0 | 0 | 0 | $0 |
| Michael R. Ivas | SVP & Corporate Controller | May 22, 2026 A | 25,000 | 0 | 2 | $-33,762,000 |
| Martin Booker | VP & Grp General Mgr, AIPG | Aug. 27, 2021 M | 0 | 0 | 0 | $0 |
| Richard Gu | VP,Grp GM Mobile Consumer Prod | May 20, 2021 A | 2,000 | 0 | 0 | $0 |
| Dieter Ehrmanntraut | VP & Grp GM, Automotive Prod | May 20, 2021 A | 0 | 0 | 0 | $0 |
| Zachary W Raley | SVP GGM RF & BROADBAND | Nov. 5, 2020 M | 0 | 0 | 0 | $0 |
| John Treanor | SR VP & GGM AUTOMOTIVE GROUP | May 19, 2017 A | 0 | 0 | 0 | $0 |
| Richard Schneider | SVP, Amphenol FCI | Dec. 1, 2016 G | 63,524 | 0 | 0 | $0 |
| Edward C Wetmore | VP, SECRETARY & GEN COUNSEL | Oct. 21, 2016 M | 6,784 | 0 | 0 | $0 |
| Patrick Gillard | Vice President and Treasurer | July 22, 2016 M | 0 | 0 | 0 | $0 |
| Thomas Meotti | Vice President, Tax | May 26, 2016 A | 0 | 0 | 0 | $0 |
| Gary Anderson | SR VP & GGM MILITARY/AERO OPS | Nov. 3, 2015 M | 110,000 | 0 | 0 | $0 |
| Frank Carroccia | VP & GGM, GLBL INTERC SYS GRP | June 9, 2015 M | 600 | 0 | 0 | $0 |
| Di Yang | SVP & GGM, MOBIL CONSUMER PROD | May 21, 2015 A | 0 | 0 | 0 | $0 |
| Jerome Monteith | VICE PRESIDENT HUMAN RESOURCES | May 28, 2014 M | 0 | 0 | 0 | $0 |
| Udo Naujoks | VICE PRESIDENT & GGM, ATE | July 22, 2008 M | 0 | 0 | 0 | $0 |
| Stephan D Memmen | Former VP&GGM | Dec. 10, 2007 M | 0 | 0 | 0 | $0 |
| Timothy F Cohane | Former EVP | Nov. 28, 2007 M | 0 | 0 | 0 | $0 |
| Paul H Jona | VP & GGM, Cable Systems | Oct. 26, 2007 M | 0 | 0 | 0 | $0 |
| Jamie A Fraser | SR VP & GGM INTERCONNECT SYS | Oct. 18, 2007 S | 0 | 0 | 0 | $0 |
| Mark Twaalfhoven | SR VP & GGM COMM CONNECTORS | June 6, 2005 M | 0 | 0 | 0 | $0 |
| Sanjiv Lamba | Director | May 22, 2026 A | 1,552 | 0 | 0 | $0 |
| Nancy A. Altobello | Director | May 22, 2026 A | 1,552 | 0 | 0 | $0 |
| Anne Clarke Wolff | Director | May 22, 2026 A | 1,552 | 0 | 0 | $0 |
| Prahlad R. Singh | Director | May 22, 2026 A | 1,552 | 0 | 0 | $0 |
| David P Falck | Director | May 22, 2026 A | 1,552 | 0 | 0 | $0 |
| Rita S. Lane | Director | May 22, 2026 A | 1,552 | 0 | 0 | $0 |
| Robert Livingston | Director | May 22, 2026 A | 1,552 | 1 | 0 | $1,285,100 |
| Martin H Loeffler | Director | Dec. 10, 2025 G | 1,333,146 | 0 | 0 | $0 |
| Edward G Jepsen | Director | May 17, 2024 A | 1,365 | 0 | 0 | $0 |
| Stanley L Clark | Director | May 19, 2022 A | 2,664 | 0 | 0 | $0 |
| John D Craig | Director | May 20, 2021 A | 2,403 | 0 | 0 | $0 |
| Diana G Reardon | Director | Oct. 25, 2019 M | 1,592 | 0 | 0 | $0 |
| LORD JOHN R | Director | Aug. 3, 2018 S | 28,000 | 0 | 0 | $0 |
| Ronald P Badie | Director | May 18, 2018 A | 1,592 | 0 | 0 | $0 |
| Randall D Ledford | Director | May 26, 2016 A | 2,415 | 0 | 0 | $0 |
| Andrew E Lietz | Director | May 21, 2015 A | 2,157 | 0 | 0 | $0 |
| Dean H Secord | Director | May 9, 2014 M | 13,855 | 0 | 0 | $0 |
| Michael W Michelson | Director | Feb. 7, 2005 A | 160,401 | 0 | 0 | $0 |
| Scott C Nuttall | Director | Sept. 30, 2004 A | — | 0 | 0 | $0 |
| James H. Greene Jr. | Director | Sept. 30, 2004 A | 4,350,628 | 0 | 0 | $0 |
| Marc S Lipschultz | Director | Sept. 30, 2004 A | — | 0 | 0 | $0 |
| Henry R Kravis | Director | March 31, 2004 A | 4,350,628 | 0 | 0 | $0 |
| Glen Robert Durham | Director | March 31, 2001 A | — | 0 | 0 | $0 |
| KKR ASSOCIATES NXS LP | 10% owner | Feb. 23, 2004 J | 787,373 | 0 | 0 | $0 |
| NXS ASSOCIATES LP | 10% owner | Feb. 23, 2004 J | 787,373 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| NXS ASSOCIATES, L.P., KKR ASSOCIATES (NXS) L.P., KKR-NXS, L.L.C., KKR 1996 FUND L.P., KKR ASSOCIATES 1996 L.P., KKR 1996 GP, L.L.C., KKR PARTNERS II, L.P., KKR ASSOCIATES (STRATA) L.P., STRATA L.L.C. ×3 filings | Sept. 30, 2004 | — | Initial filing | Passive investment | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | May 23, 2001 | — | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 250 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| LCLG · Advisors Series Trust | 5.37% | 36,922 NS | April 30, 2026 | N-PORT |
| MADE · iShares Trust | 4.10% | 16,194 SH | Aug. 20, 2026 | Daily |
| BCUS · Exchange Listed Funds Trust | 4.02% | 29,224 NS | May 31, 2026 | N-PORT |
| RW · EA Series Trust | 3.88% | 4,587 NS | April 30, 2026 | N-PORT |
| RILA · Spinnaker ETF Series | 3.57% | 10,154 NS | April 30, 2026 | N-PORT |
| WBIF · Absolute Shares Trust | 3.40% | 4,525 NS | June 30, 2026 | N-PORT |
| VOLT · Tema ETF Trust | 3.06% | 148,771 NS | May 31, 2026 | N-PORT |
| PDP · Invesco Exchange-Traded Fund Trust | 2.84% | 271,656 SH | Aug. 20, 2026 | Daily |
| CBLS · Elevation Series Trust | 2.69% | 9,719 NS | April 30, 2026 | N-PORT |
| BCHP · Principal Exchange-Traded Funds | 2.47% | 30,512 NS | June 30, 2026 | N-PORT |
| CBSE · Elevation Series Trust | 2.44% | 7,939 NS | April 30, 2026 | N-PORT |
| PPA · Invesco Exchange-Traded Fund Trust | 2.38% | 1,300,199 SH | Aug. 20, 2026 | Daily |
| WBIG · Absolute Shares Trust | 2.37% | 3,692 NS | June 30, 2026 | N-PORT |
| TDV · ProShares Trust | 2.36% | 45,945 NS | May 31, 2026 | N-PORT |
| XPND · First Trust Exchange-Traded Fund VI… | 2.34% | 6,460 NS | May 31, 2026 | N-PORT |
| RFFC · ALPS ETF Trust | 2.33% | 4,647 NS | May 31, 2026 | N-PORT |
| QGRO · AMERICAN CENTURY ETF TRUST | 2.33% | 345,320 NS | May 31, 2026 | N-PORT |
| TGLB · T. Rowe Price Exchange-Traded Funds… | 2.23% | 3,345 NS | April 30, 2026 | N-PORT |
| GTEK · Goldman Sachs ETF Trust | 2.20% | 36,007 NS | May 31, 2026 | N-PORT |
| NBGX · Neuberger Berman ETF Trust | 2.12% | 2,136 NS | May 31, 2026 | N-PORT |
| TEKX · SSGA Active Trust | 2.12% | 875 NS | April 30, 2026 | N-PORT |
| AMOM · Exchange Listed Funds Trust | 2.09% | 4,330 NS | April 30, 2026 | N-PORT |
| PJFG · PGIM ETF Trust | 2.04% | 21,263 NS | May 29, 2026 | N-PORT |
| FGSI · First Trust Exchange-Traded Fund IV | 1.98% | 403 NS | April 30, 2026 | N-PORT |
| RPG · Invesco Exchange-Traded Fund Trust | 1.98% | 250,312 SH | Aug. 20, 2026 | Daily |
| CAML · Professionally Managed Portfolios | 1.97% | 50,349 NS | April 30, 2026 | N-PORT |
| SEMG · EA Series Trust | 1.92% | 7,890 NS | April 30, 2026 | N-PORT |
| IWFG · New York Life Investments Active ET… | 1.89% | 7,352 NS | April 30, 2026 | N-PORT |
| PEXL · Pacer Funds Trust | 1.70% | 5,280 NS | April 30, 2026 | N-PORT |
| JDIV · J.P. Morgan Exchange-Traded Fund Tr… | 1.66% | 1,263 NS | April 30, 2026 | N-PORT |
| GROZ · Zacks Trust | 1.64% | 9,947 NS | May 31, 2026 | N-PORT |
| PWB · Invesco Exchange-Traded Fund Trust | 1.62% | 253,090 SH | Aug. 20, 2026 | Daily |
| SAWG · ETF Series Solutions | 1.60% | 273 NS | April 30, 2026 | N-PORT |
| JGRW · Trust for Professional Managers | 1.57% | 10,150 NS | May 31, 2026 | N-PORT |
| FDLO · FIDELITY COVINGTON TRUST | 1.52% | 144,571 NS | April 30, 2026 | N-PORT |
| FMAG · FIDELITY COVINGTON TRUST | 1.50% | 25,852 NS | April 30, 2026 | N-PORT |
| JHAI · Janus Detroit Street Trust | 1.50% | 2,089 NS | April 30, 2026 | N-PORT |
| USMV · iShares Trust | 1.50% | 2,327,537 SH | Aug. 20, 2026 | Daily |
| DECO · SSGA Active Trust | 1.47% | 1,580 NS | April 30, 2026 | N-PORT |
| KNCT · Invesco Exchange-Traded Fund Trust | 1.46% | 14,906 SH | Aug. 20, 2026 | Daily |
| HECO · SSGA Active Trust | 1.45% | 8,059 NS | April 30, 2026 | N-PORT |
| SPMO · Invesco Exchange-Traded Fund Trust … | 1.38% | 1,952,106 SH | Aug. 20, 2026 | Daily |
| RSPT · Invesco Exchange-Traded Fund Trust | 1.37% | 508,979 SH | Aug. 20, 2026 | Daily |
| CGUS · Capital Group Core Equity ETF | 1.35% | 984,832 NS | May 31, 2026 | N-PORT |
| GARP · iShares Trust | 1.34% | 253,463 SH | Aug. 20, 2026 | Daily |
| MFSG · MFS Active Exchange Traded Funds Tr… | 1.31% | 30,340 NS | May 31, 2026 | N-PORT |
| FXL · First Trust Exchange-Traded AlphaDE… | 1.27% | 128,406 NS | April 30, 2026 | N-PORT |
| TDVI · First Trust Exchange-Traded Fund IV | 1.16% | 33,042 NS | April 30, 2026 | N-PORT |
| FFND · Northern Lights Fund Trust II | 1.16% | 8,000 NS | May 31, 2026 | N-PORT |
| JGLO · J.P. Morgan Exchange-Traded Fund Tr… | 1.15% | 553,358 NS | April 30, 2026 | N-PORT |