APTV Aptiv PLC Ordinary Shares
About Aptiv PLC Ordinary Shares Company overview from Wikipedia
Aptiv PLC is a supplier of automotive technology and components. It is organized in Jersey and is a resident of Schaffhausen, Switzerland, for tax purposes. The company operates 139 major manufacturing facilities and 11 major technical centers and has a presence in 50 countries.
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Aptiv PLC is a supplier of automotive technology and components. It is organized in Jersey and is a resident of Schaffhausen, Switzerland, for tax purposes. The company operates 139 major manufacturing facilities and 11 major technical centers and has a presence in 50 countries.
In 2025, its products were used in 18 of the 20 top-selling vehicle models in the United States. In 2025, 36% of the company's revenues were derived in the United States, 32% were derived in Europe, the Middle East and Africa, and 29% were derived in Asia-Pacific.
The company traces its roots to Delphi Automotive, which was a subsidiary of General Motors until May 1999.
## History
The company was established as the Automotive Components Group of General Motors (GM) in 1994. It changed its name to Delphi Automotive Systems in 1995. GM also renamed the various divisions within the newly created Delphi unit. Packard Electric became Delphi Packard Electric Systems; Delco Chassis became Delphi Chassis Systems; Inland Fisher-Guide became Delphi Interior and Lighting Systems; Saginaw became Delphi Saginaw Steering Systems; Harrison Radiator became Delphi Harrison Thermal Systems, and AC Delco became Delphi Energy and Engine Management Systems. In May 1999, GM completed the corporate spin-off of the company.
In 2003, after years of shifting factory work from the United States to lower-cost countries, Delphi began also shifting white-collar work such as engineering and bookkeeping to lower-cost countries.
In March 2005, Delphi disclosed irregular accounting practices dating back to 1999. Executives allegedly used side transactions and manipulated reserves to make financial results appear stronger than they were. Many executives, including CFO Alan Dawes and Chairman J.T. Battenberg were fired or resigned. In October 2006, the executives and the company settled charges by the United States Securities and Exchange Commission. Delphi reported losses of $4.8 billion in 2004 and $2.4 billion in 2005. In October 2005, Delphi filed for bankruptcy protection due to unsustainable legacy labor costs, massive pension obligations, and the loss of contracts from GM.
In February 2007, the company closed its plants in Puerto Real, Cádiz, Spain, with a loss of 1,600 direct jobs, and more than 2,500 indirect jobs. The closure came despite agreements by the company to continue its manufacturing operations until 2010 in exchange for more than €25 million from the government. The Regional Government of Andalusia sued the company for breach of local labor laws. In July 2007, Delphi agreed to pay €500 million in costs, including €120 million to workers, for permission to close the plants. Workers received 45 days of severance pay for every year they worked at the company.
In August 2007, a group of investors led by hedge fund Appaloosa Management agreed to lend Delphi $2.55 billion to rescue the company from bankruptcy. In April 2008, the investors pulled the plan, claiming that Delphi did not live up to the terms of the agreement. In May 2008, Delphi sued the investors. In October 2009, the lawsuit was settled. EnerDel started as a joint venture of Ener1 and Delphi. In August 2008, Ener1 bought exclusive ownership of EnerDel. In April 2009, CoolIT Systems acquired the assets of Delphi Thermal Liquid Cooling, including intellectual property, machinery, and equipment. Delphi exited bankruptcy protection in October 2009. As part of the reorganization, Delphi Holdings LLP was acquired by senior creditors Elliott Investment Management and Silver Point Capital. Some of its non-core steering operations were sold to General Motors Company, the successor to the bankrupt Motors Liquidation Company that was formerly General Motors Corporation. As a result of the bankruptcy reorganization, Delphi surrendered its pension obligations to the Pension Benefit Guaranty Corporation. A group of about 20,000 salaried employees, principally in Ohio, Michigan, New York and Indiana, sued to restore their full pension rights. The new Delphi was incorporated in the United Kingdom for tax purposes.
In November 2011, the company once again became a public company via an initial public offering, selling 24.1 million shares for $22 each.
In 2013, Delphi became involved in a lawsuit against GM because Delphi manufactured the defective ignition switches used in the Chevrolet Cobalt. In November 2014, Delphi reached a deal to turn over evidence in exchange for being dropped as a defendant in the case. Delphi sold its Thermal Business unit to Mahle-Behr GmbH in July 2015 for $727 million. In July 2015, Delphi bought HellermannTyton for $1.7 billion. Delphi entered into a partnership agreement with Carbon in June 2016 to allow the use of Carbon's Continuous Liquid Interface Production technology and printers. Delphi acquired NuTonomy for $450 million in October 2017. In December 2017, the company completed the corporate spin-off of Delphi Technologies, its powertrain and aftermarket related businesses and the company was renamed Aptiv plc.
In May 2018, the company relocated its headquarters from the United Kingdom to Ireland, citing Ireland's favorable regulatory environment, technology hub, access to top universities, and public infrastructure.
In August 2019, Aptiv and Hyundai Motor Group announced plans to establish a $4 billion autonomous driving joint venture in which the firms would each have a 50% stake. The joint venture deal was completed in March 2020 and was named Motional in August 2020.
In January 2021, Aptiv revealed a new self-driving car platform that can be applied on various vehicles and that carmakers can upgrade wirelessly.
Aptiv acquired Wind River Systems, a developer of cloud-native, intelligent edge software, from TPG Inc. in January 2022 and then acquired an 18% stake in Maxieye Automotive Technology, a Chinese provider of products for self-driving cars, in October 2024. In January 2025, the company relocated its headquarters to Switzerland for tax purposes.
In April 2026, the company completed the corporate spin-off of Versigent.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
APTV Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
APTV Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| Feb. 4, 2020 | $0.2200 |
| Nov. 5, 2019 | $0.2200 |
| Aug. 6, 2019 | $0.2200 |
| May 7, 2019 | $0.2200 |
| Feb. 5, 2019 | $0.2200 |
| May 8, 2018 | $0.2200 |
| Feb. 2, 2018 | $0.2200 |
| Nov. 7, 2017 | $0.2431 |
| Aug. 7, 2017 | $0.2431 |
| May 8, 2017 | $0.2431 |
| Feb. 2, 2017 | $0.2431 |
| Nov. 7, 2016 | $0.2431 |
| Aug. 8, 2016 | $0.2431 |
| May 9, 2016 | $0.2431 |
| Feb. 12, 2016 | $0.2431 |
| Nov. 9, 2015 | $0.2096 |
| Aug. 10, 2015 | $0.2096 |
| May 11, 2015 | $0.2096 |
| Feb. 13, 2015 | $0.2096 |
| Nov. 7, 2014 | $0.2096 |
APTV Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 8 26.7%
- Buy 19 63.3%
- Hold 3 10.0%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
18 analysts · 2026-08-17Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $1.63 | $1.46 | 0.17% |
| March 31, 2026 | $1.71 | $1.60 | 0.11% |
| Dec. 31, 2025 | $1.86 | $1.89 | -0.03% |
| Sept. 30, 2025 | $2.17 | $1.85 | 0.32% |
| June 30, 2025 | $2.12 | $1.87 | 0.25% |
| March 31, 2025 | $1.69 | $1.56 | 0.13% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| APTV | $16.19B | 101.5 | 3.5% | 0.81% | 1.8% | — |
| GTX | $3.32B | 11.5 | 3.1% | 8.6% | -38.4% | 20.4% |
| VGNT | — | — | — | — | — | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.40B | $19.71B | $20.05B | $17.49B | $15.62B | $13.07B | $14.36B | $14.44B | $12.88B | $12.27B | $10.86B | |
| Cost of Revenue | $16.50B | $16.00B | $16.61B | $14.85B | $13.18B | $11.13B | $11.71B | $11.71B | $10.27B | $9.53B | $8.69B | |
| Gross Profit | · | · | · | · | · | $1.94B | $2.65B | $2.73B | $2.61B | $2.75B | $3.01B | |
| R&D Expense | $1.13B | $1.10B | $1.29B | $1.12B | $1.03B | $1.02B | $1.17B | $1.16B | $882M | $800M | $700M | |
| SG&A Expense | $1.67B | $1.47B | $1.44B | $1.14B | $1.07B | $976M | $1.08B | $993M | $952M | $924M | $803M | |
| Operating Expenses | $19.21B | $17.87B | $18.49B | $16.23B | $14.43B | $10.95B | $13.08B | $12.96B | $11.47B | $10.73B | $9.63B | |
| Operating Income | $1.18B | $1.84B | $1.56B | $1.26B | $1.19B | $2.12B | $1.28B | $1.47B | $1.42B | $1.54B | $1.24B | |
| Interest Expense | $361M | $337M | $285M | $219M | $150M | $164M | $164M | $141M | $140M | $155M | $124M | |
| Interest Income | $60M | $87M | $111M | $86M | $9M | $8M | $13M | $21M | $7M | $1M | $5M | |
| Other Non-op | $50M | $41M | $63M | $-12M | $1M | $6M | $20M | $36M | $8M | $9M | $-2M | |
| Pretax Income | $919M | $2.15B | $1.34B | $990M | $910M | $1.95B | $1.13B | $1.33B | $1.25B | $1.00B | $997M | |
| Income Tax | $700M | $223M | $-1.93B | $121M | $101M | $49M | $132M | $250M | $223M | $167M | $161M | |
| Net Income | $165M | $1.79B | $2.94B | $594M | $590M | $1.80B | $990M | $1.07B | $1.35B | $1.26B | $1.45B | |
| EPS (Basic) | $0.75 | $6.97 | $10.50 | $1.96 | $1.95 | $6.72 | $3.85 | $4.04 | $5.07 | $4.60 | $5.08 | |
| EPS (Diluted) | $0.75 | $6.96 | $10.39 | $1.96 | $1.94 | $6.66 | $3.85 | $4.02 | $5.06 | $4.59 | $5.06 | |
| Shares (Basic) | 220,000,000 | 256,380,000 | 276,920,000 | 270,900,000 | 270,460,000 | 263,430,000 | 256,810,000 | 264,410,000 | 267,160,000 | 273,020,000 | 285,200,000 | |
| Shares (Diluted) | 220,750,000 | 256,660,000 | 282,880,000 | 271,180,000 | 271,220,000 | 270,700,000 | 257,390,000 | 265,220,000 | 268,030,000 | 273,700,000 | 286,640,000 | |
| EBITDA | $1.18B | $1.84B | · | $1.26B | $1.19B | $2.12B | $1.28B | $1.47B | · | $1.95B | $1.72B |
Balance Sheet 31
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.57B | $1.57B | $1.64B | $1.53B | $3.14B | $2.82B | $412M | $567M | $1.60B | $737M | $427M | |
| Short-term Investments | · | · | $0 | · | · | · | · | · | · | · | · | |
| Receivables | $1.91B | $3.26B | $3.55B | $3.43B | $2.78B | $2.81B | $2.57B | $2.49B | $2.44B | $2.13B | $2.75B | |
| Inventory | $1.79B | $2.32B | $2.37B | $2.34B | $2.01B | $1.30B | $1.29B | $1.28B | $1.08B | $859M | $1.18B | |
| Prepaid Expense | $105M | $97M | $91M | $75M | $63M | $47M | $88M | $72M | $104M | · | · | |
| Other Current Assets | $627M | $671M | $696M | $480M | $499M | $503M | $504M | $445M | $521M | $302M | $431M | |
| Current Assets | $8.74B | $7.83B | $8.25B | $7.78B | $8.44B | $7.46B | $5.32B | $4.78B | $5.64B | $5.42B | $5.12B | |
| PP&E (Net) | $2.87B | $3.70B | $3.79B | $3.50B | $3.29B | $3.30B | $3.31B | $3.18B | $2.80B | $2.33B | $2.13B | |
| PP&E (Gross) | $9.46B | $8.61B | $8.40B | $7.58B | $7.01B | $6.61B | $5.92B | $5.34B | $4.60B | $3.75B | $5.32B | |
| Accum. Depreciation | $5.68B | $4.91B | $4.62B | $4.08B | $3.72B | $3.31B | $2.61B | $2.16B | $1.80B | $1.42B | $1.94B | |
| Goodwill | $4.01B | $5.02B | $5.15B | $5.11B | $2.51B | $2.58B | $2.41B | $2.52B | $1.94B | $1.50B | $1.53B | |
| Intangibles | $2.00B | $2.14B | $2.40B | $2.58B | $964M | $1.09B | $1.19B | $1.38B | $1.22B | $1.15B | $1.38B | |
| Other Non-current Assets | $1.82B | $2.84B | $2.86B | $740M | $622M | $694M | $719M | $521M | $470M | $280M | $459M | |
| Total Assets | $23.41B | $23.46B | $24.43B | $21.88B | $18.01B | $17.52B | $13.46B | $12.48B | $12.17B | $12.29B | $11.97B | |
| Accounts Payable | $1.62B | $2.87B | $3.15B | $3.15B | $2.95B | $2.57B | $2.46B | $2.33B | $2.23B | $1.82B | $2.54B | |
| Accrued Liabilities | $1.19B | $1.75B | $1.65B | $1.68B | $1.25B | $1.39B | $1.16B | $1.05B | $1.30B | $1.24B | $1.20B | |
| Short-term Debt | $23M | $509M | $9M | $31M | $8M | $90M | $393M | $306M | $17M | $10M | $52M | |
| Current Liabilities | $5.04B | $5.13B | $4.81B | $4.87B | $4.21B | $4.05B | $4.05B | $3.69B | $3.54B | $4.15B | $3.93B | |
| Capital Leases | $270M | $412M | $453M | $361M | $304M | $300M | $329M | $0 | · | · | · | |
| Deferred Tax | $205M | $290M | $394M | $481M | $153M | $207M | $229M | $233M | $222M | $143M | $252M | |
| Other Non-current Liabilities | $479M | $613M | $701M | $750M | $436M | $540M | $611M | $633M | $526M | $371M | $503M | |
| Total Liabilities | $13.91B | $14.37B | $12.58B | $12.79B | $9.45B | $9.42B | $9.45B | $8.81B | $8.65B | $9.53B | $9.24B | |
| Long-term Debt | $7.65B | $8.46B | $6.30B | $6.58B | · | · | · | · | · | · | · | |
| Total Debt | $7.55B | $8.35B | · | $6.49B | $4.07B | $4.10B | $4.36B | $4.34B | · | $3.97B | $4.01B | |
| Common Stock | $2M | $2M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | |
| Paid-in Capital | $3.62B | $2.97B | $4.03B | $3.99B | $3.94B | $3.90B | $1.65B | $1.64B | $1.65B | $1.63B | $1.65B | |
| Retained Earnings | $6.23B | $7.00B | $8.16B | $5.61B | $5.08B | $4.55B | $2.89B | $2.51B | $2.12B | $1.98B | $1.63B | |
| AOCI | $-641M | $-1.17B | $-645M | $-791M | $-672M | $-545M | $-719M | $-694M | $-471M | $-1.22B | $-1.03B | |
| Stockholders' Equity | $9.21B | $8.80B | $11.55B | $8.81B | $8.35B | $7.91B | $3.82B | $3.46B | $3.30B | $2.40B | $2.25B | |
| Liabilities + Equity | $23.41B | $23.46B | $24.43B | $21.88B | $18.01B | $17.52B | $13.46B | $12.48B | $12.17B | $12.29B | $11.97B | |
| Shares Outstanding | 212,746,899 | 235,035,739 | 279,033,365 | 270,949,579 | 270,514,140 | 270,025,374 | 255,288,240 | 259,991,022 | 265,839,794 | 269,789,959 | 278,208,470 |
Cash Flow 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $991M | $964M | $912M | $762M | $773M | $764M | $717M | $676M | $546M | $489M | $344M | |
| Stock-based Comp | $139M | $120M | $115M | $86M | $87M | $60M | $66M | $58M | $62M | $62M | $67M | |
| Deferred Tax | $394M | $-34M | $-2.16B | $-144M | $-60M | $-52M | $-33M | $-14M | $-26M | $-121M | $-6M | |
| Amort. of Intangibles | $208M | $211M | $233M | $149M | $148M | $144M | $146M | $154M | $117M | $117M | $70M | |
| Restructuring | $185M | $193M | $211M | $85M | $24M | $136M | $148M | $109M | $129M | $167M | $65M | |
| Operating Cash Flow | $2.19B | $2.45B | $1.90B | $1.26B | $1.22B | $1.41B | $1.62B | $1.63B | $1.47B | $1.94B | $1.70B | |
| CapEx | $656M | $830M | $906M | $844M | $611M | $584M | $781M | $846M | $698M | $657M | $503M | |
| Investing Cash Flow | $-498M | $-507M | $-1.00B | $-5.18B | $-729M | $-626M | $-1.11B | $-2.05B | $-1.25B | $-578M | $-1.70B | |
| Net Debt Issued | · | · | · | · | $-8M | $-39M | $-25M | · | · | $0 | $0 | |
| Stock Issued | · | · | · | $0 | $0 | $1.11B | $0 | $0 | · | · | · | |
| Stock Repurchased | $397M | $4.10B | $398M | $0 | $0 | $57M | $420M | $499M | $383M | $634M | $1.16B | |
| Net Stock Activity | $-397M | $-4.10B | · | $0 | $0 | $1.06B | $-420M | $-499M | · | $-634M | $-1.16B | |
| Dividends Paid | · | · | · | $0 | $0 | $56M | $0 | $233M | $310M | $317M | $286M | |
| Financing Cash Flow | $-1.44B | $-1.97B | $-807M | $2.36B | $-191M | $1.61B | $-649M | $-555M | $456M | $-1.08B | $-284M | |
| Net Change in Cash | $280M | $-66M | $85M | $-1.58B | $286M | $2.42B | $-139M | $-1.03B | $758M | · | · | |
| Free Cash Flow | $1.53B | $1.62B | · | $419M | $611M | $829M | $843M | $782M | · | $1.11B | $999M | |
| Levered FCF | $1.44B | $1.31B | · | $227M | $478M | $669M | $698M | $667M | · | $983M | $894M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | · | · | · | · | · | 14.8% | 18.4% | 18.9% | · | 21.3% | 19.9% | |
| Operating Margin | 5.8% | 9.3% | · | 7.2% | 7.6% | 16.2% | 8.9% | 10.2% | · | 11.7% | 11.4% | |
| Net Margin | 0.81% | 9.1% | · | 3.4% | 3.8% | 13.8% | 6.9% | 7.4% | · | 7.5% | 9.6% | |
| Pretax Margin | 4.5% | 10.9% | · | 5.7% | 5.8% | 14.9% | 7.8% | 9.2% | · | 8.6% | 9.9% | |
| EBITDA Margin | 5.8% | 9.3% | · | 7.2% | 7.6% | 16.2% | 8.9% | 10.2% | · | 11.7% | 11.4% | |
| ROA | 0.70% | 7.5% | · | 3.0% | 3.3% | 11.7% | 7.6% | 8.7% | · | 10.4% | 12.8% | |
| ROE | 1.8% | 17.6% | · | 6.9% | 7.3% | 30.8% | 27.2% | 31.6% | · | 54.0% | 60.9% | |
| ROIC | 1.7% | 9.6% | · | 7.2% | 8.5% | 17.2% | 13.8% | 15.3% | · | 25.4% | 22.7% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.7 | 1.5 | · | 1.6 | 2.0 | 1.8 | 1.3 | 1.3 | · | 1.3 | 1.3 | |
| Quick Ratio | 1.1 | 0.9 | · | 1.0 | 1.4 | 1.4 | 0.7 | 0.8 | · | 0.9 | 0.8 | |
| Debt / Equity | 0.8 | 0.9 | · | 0.7 | 0.5 | 0.5 | 1.1 | 1.3 | · | 1.7 | 1.8 | |
| LT Debt / Equity | 0.8 | 0.9 | · | 0.7 | 0.5 | 0.5 | 1.0 | 1.2 | · | 1.6 | 1.8 | |
| Interest Coverage | 3.3 | 5.5 | · | 5.8 | 7.9 | 12.9 | 7.8 | 10.4 | · | 12.5 | 13.6 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.9 | 0.8 | · | 0.9 | 0.9 | 0.8 | 1.1 | 1.2 | · | 1.4 | 1.3 | |
| Inventory Turnover | 6.8 | 6.8 | · | 6.8 | 8.0 | 8.6 | 9.1 | 9.9 | · | 10.9 | 11.1 | |
| Receivables Turnover | 6.1 | 5.8 | · | 5.6 | 5.6 | 4.9 | 5.7 | 5.9 | · | 5.9 | 5.9 |
Growth Rates 9
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 3.5% | -1.7% | 14.6% | 12.0% | 19.5% | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 5.3% | 8.1% | 15.3% | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 9.3% | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -89.2% | -33.0% | 430.1% | 1.0% | -70.9% | · | · | · | · | · | · | |
| EPS CAGR 3Y | -27.4% | 53.1% | 16.0% | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | -35.4% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -90.8% | -39.2% | 394.6% | 0.68% | -67.3% | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -34.8% | 44.7% | 17.6% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | -38.0% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $20.40B | $19.71B | $20.05B | $17.49B | $15.62B | $13.07B | $14.36B | $14.44B | · | $12.27B | $10.86B | |
| Net Income TTM | $165M | $1.79B | $2.94B | $594M | $590M | $1.80B | $990M | $1.07B | · | $1.26B | $1.45B | |
| Market Cap | $16.19B | $14.21B | · | $25.23B | $44.62B | $35.18B | $24.24B | $16.01B | · | $15.23B | $19.99B | |
| Enterprise Value | $21.89B | $20.99B | · | $30.19B | $45.55B | $36.46B | $28.20B | $19.78B | · | $18.36B | $23.47B | |
| P/E | 101.5 | 8.7 | 8.6 | 47.5 | 85.0 | 19.6 | 24.7 | 15.3 | · | 12.3 | 14.2 | |
| P/S | 0.8 | 0.7 | · | 1.4 | 2.9 | 2.7 | 1.7 | 1.1 | · | 1.2 | 1.8 | |
| P/B | 1.8 | 1.6 | · | 2.9 | 5.3 | 4.5 | 6.3 | 4.6 | · | 6.3 | 8.9 | |
| P / Tangible Book | 6.2 | 8.7 | 6.3 | 22.6 | 9.2 | 8.3 | · | · | · | · | · | |
| P / Cash Flow | 7.4 | 5.8 | · | 20.0 | 36.5 | 24.9 | 14.9 | 9.8 | · | 7.8 | 11.7 | |
| P / FCF | 10.6 | 8.8 | · | 60.2 | 73.0 | 42.4 | 28.8 | 20.5 | · | 13.7 | 20.0 | |
| EV / EBITDA | 18.5 | 11.4 | · | 23.9 | 38.3 | 17.2 | 22.1 | 13.4 | · | 9.4 | 13.6 | |
| EV / FCF | 14.3 | 13.0 | · | 72.1 | 74.5 | 44.0 | 33.4 | 25.3 | · | 16.5 | 23.5 | |
| EV / Revenue | 1.1 | 1.1 | · | 1.7 | 2.9 | 2.8 | 2.0 | 1.4 | · | 1.5 | 2.2 | |
| Dividend Yield | · | · | · | 0.00% | 0.00% | 0.16% | 0.00% | 1.5% | · | 2.1% | 1.4% | |
| Earnings Yield | 0.99% | 11.5% | 11.6% | 2.1% | 1.2% | 5.1% | 4.0% | 6.5% | · | 8.1% | 7.0% | |
| Payout Ratio | · | · | · | 0.00% | 10.7% | 3.1% | 22.8% | 21.8% | · | 25.2% | 19.7% | |
| Annual Payout | · | · | · | $0 | $0 | $56M | $0 | $233M | · | $317M | $286M |
Income Statement 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.27B | $5.09B | $5.15B | $5.21B | $3.20B | $4.83B | $4.91B | $4.85B | $5.05B | $4.90B | $4.92B | $5.11B | $5.20B | $4.82B | $4.64B | $4.61B | |
| Cost of Revenue | $2.50B | $4.17B | $4.19B | $4.19B | $2.47B | $3.90B | $3.94B | $3.95B | $4.08B | $4.02B | $4.00B | $4.22B | $4.34B | $4.06B | $3.83B | $3.82B | |
| Gross Profit | · | · | $963M | · | · | · | $962M | · | · | · | $922M | · | · | · | $813M | · | |
| SG&A Expense | $332M | $427M | $450M | $433M | $327M | $384M | $363M | $331M | $405M | $366M | $381M | $360M | $353M | $342M | $303M | $275M | |
| Operating Expenses | $2.91B | $4.71B | $4.73B | $5.39B | $2.87B | $4.38B | $4.43B | $4.35B | $4.61B | $4.48B | $4.56B | $4.67B | $4.79B | $4.47B | $4.20B | $4.14B | |
| Operating Income | $367M | $378M | $425M | $-175M | $325M | $448M | $479M | $503M | $441M | $419M | $355M | $446M | $410M | $348M | $440M | $470M | |
| Interest Expense | · | · | · | · | · | · | · | · | $64M | $65M | $71M | $75M | $72M | $67M | $62M | $58M | |
| Other Non-op | $58M | $-4M | $16M | $22M | $15M | $0 | $24M | $5M | $10M | $2M | $55M | $3M | $0 | $5M | $-7M | $10M | |
| Pretax Income | $366M | $285M | $354M | $-243M | $294M | $355M | $347M | $407M | $1.03B | $369M | $311M | $397M | $349M | $280M | $368M | $432M | |
| Income Tax | $52M | $81M | $196M | $103M | $16M | $356M | $64M | $32M | $51M | $76M | $-680M | $-1.31B | $30M | $34M | $25M | $59M | |
| Net Income | $248M | $189M | $138M | $-355M | $393M | $-11M | $268M | $363M | $938M | $218M | $905M | $1.63B | $242M | $162M | $249M | $301M | |
| EPS (Basic) | $1.17 | $0.89 | $0.64 | $-1.63 | $1.80 | $-0.05 | $1.14 | $1.48 | $3.47 | $0.79 | $3.36 | $5.76 | $0.84 | $0.54 | $0.86 | $1.06 | |
| EPS (Diluted) | $1.17 | $0.88 | $0.64 | $-1.63 | $1.80 | $-0.05 | $1.14 | $1.48 | $3.47 | $0.79 | $3.25 | $5.76 | $0.84 | $0.54 | $0.87 | $1.05 | |
| Shares (Basic) | 211,560,000 | 212,910,000 | 214,890,000 | 217,410,000 | 217,730,000 | 230,160,000 | 235,040,000 | 245,480,000 | 270,190,000 | 275,190,000 | -549,620,000 | 282,840,000 | 272,690,000 | 271,010,000 | -541,750,000 | 270,930,000 | |
| Shares (Diluted) | 212,100,000 | 213,800,000 | 216,140,000 | 217,410,000 | 218,110,000 | 230,160,000 | 235,460,000 | 245,780,000 | 270,430,000 | 275,310,000 | -544,070,000 | 283,010,000 | 272,770,000 | 271,170,000 | -542,010,000 | 271,100,000 | |
| EBITDA | $367M | $378M | · | $-175M | $486M | $448M | · | $503M | $441M | $419M | · | $446M | $410M | $348M | · | $470M |
Balance Sheet 31
| 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 | $761M | $3.17B | $1.85B | $1.64B | $1.45B | $1.10B | $1.57B | $1.05B | $1.41B | $941M | · | $1.81B | $1.30B | $1.10B | · | $4.85B | |
| Short-term Investments | · | · | · | · | · | · | · | $791M | $748M | · | · | · | · | · | · | · | |
| Receivables | $2.43B | $3.80B | $3.48B | $3.71B | $3.72B | $3.55B | $3.26B | $3.65B | $3.59B | $3.65B | · | $3.65B | $3.73B | $3.56B | · | $3.37B | |
| Inventory | $2.04B | $2.75B | $2.56B | $2.60B | $2.48B | $2.43B | $2.32B | $2.55B | $2.37B | $2.37B | · | $2.43B | $2.38B | $2.48B | · | $2.31B | |
| Prepaid Expense | $108M | $141M | $137M | $127M | $124M | $107M | $97M | $88M | $89M | $101M | · | $79M | $79M | $89M | · | $61M | |
| Other Current Assets | $766M | $999M | $853M | $807M | $732M | $659M | $671M | $640M | $710M | $727M | · | $603M | $661M | $576M | · | $457M | |
| Current Assets | $6.00B | $10.72B | $8.74B | $8.76B | $8.37B | $7.74B | $7.83B | $8.69B | $8.83B | $7.69B | · | $8.49B | $8.07B | $7.72B | · | $10.98B | |
| PP&E (Net) | $2.76B | $3.69B | $3.77B | $3.72B | $3.75B | $3.67B | $3.70B | $3.80B | $3.73B | $3.76B | · | $3.58B | $3.59B | $3.54B | · | $3.16B | |
| PP&E (Gross) | · | · | $9.46B | · | · | · | $8.61B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $5.68B | · | · | · | $4.91B | · | · | · | · | · | · | · | · | · | |
| Goodwill | $3.94B | $4.55B | $4.60B | $4.59B | $5.25B | $5.09B | $5.02B | $5.17B | $5.08B | $5.11B | $5.15B | $5.07B | $5.14B | $5.10B | $5.11B | $2.27B | |
| Intangibles | $1.88B | $1.94B | $2.00B | $2.06B | $2.10B | $2.10B | $2.14B | $2.23B | $2.26B | $2.33B | · | $2.42B | $2.49B | $2.53B | · | $806M | |
| Other Non-current Assets | $1.86B | $2.39B | $2.36B | $2.57B | $2.64B | $2.56B | $2.84B | $2.87B | $2.83B | $2.86B | · | $2.14B | $756M | $719M | · | $573M | |
| Total Assets | $18.00B | $25.20B | $23.41B | $23.50B | $23.94B | $23.10B | $23.46B | $24.77B | $24.75B | $23.64B | · | $23.71B | $22.10B | $21.72B | · | $19.97B | |
| Accounts Payable | $1.91B | $3.20B | $3.16B | $3.13B | $3.04B | $2.89B | $2.87B | $2.99B | $2.92B | $2.89B | · | $3.06B | $3.03B | $3.00B | · | $2.77B | |
| Accrued Liabilities | $1.04B | $1.76B | $1.80B | $1.74B | $1.68B | $1.66B | $1.75B | $1.56B | $1.52B | $1.58B | · | $1.60B | $1.52B | $1.47B | · | $1.34B | |
| Short-term Debt | $23M | $102M | $81M | $17M | $32M | $241M | $509M | $1.26B | $1.48B | $1.49B | · | $43M | $37M | $45M | · | $16M | |
| Current Liabilities | $2.98B | $5.07B | $5.04B | $4.88B | $4.75B | $4.79B | $5.13B | $5.80B | $5.91B | $5.96B | · | $4.70B | $4.59B | $4.51B | · | $4.13B | |
| Capital Leases | $241M | $394M | $401M | $404M | $422M | $422M | $412M | $421M | $437M | $442M | · | $419M | $379M | $355M | · | $325M | |
| Deferred Tax | $235M | $257M | $260M | $299M | $298M | $298M | $290M | $286M | $379M | $383M | · | $455M | $461M | $471M | · | $136M | |
| Other Non-current Liabilities | $484M | $554M | $576M | $599M | $610M | $596M | $613M | $647M | $725M | $688M | · | $732M | $752M | $740M | · | $401M | |
| Total Liabilities | $9.24B | $15.68B | $13.91B | $13.93B | $13.97B | $13.85B | $14.37B | $15.57B | $12.98B | $12.22B | · | $12.64B | $12.58B | $12.44B | · | $11.59B | |
| Long-term Debt | · | · | $7.65B | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Total Debt | $5.35B | $9.35B | · | $7.63B | $7.79B | $7.89B | · | $9.54B | $6.98B | $6.21B | · | $6.46B | $6.51B | $6.52B | · | $6.35B | |
| Common Stock | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $3M | $3M | · | $3M | $3M | $3M | · | $3M | |
| Paid-in Capital | $3.61B | $3.60B | $3.62B | $3.63B | $3.60B | $3.37B | $2.97B | $2.94B | $3.95B | $3.97B | · | $4.03B | $4.00B | $3.97B | · | $3.97B | |
| Retained Earnings | $5.58B | $6.35B | $6.23B | $6.36B | $6.80B | $6.60B | $7.00B | $6.73B | $8.40B | $7.85B | · | $7.52B | $5.89B | $5.69B | · | $5.38B | |
| AOCI | $-440M | $-719M | $-641M | $-709M | $-714M | $-1.01B | $-1.17B | $-794M | $-884M | $-698M | $-645M | $-779M | $-665M | $-682M | $-791M | $-1.15B | |
| Stockholders' Equity | $8.75B | $9.23B | $9.21B | $9.28B | $9.69B | $8.96B | $8.80B | $8.88B | $11.47B | $11.12B | · | $10.78B | $9.23B | $8.98B | · | $8.20B | |
| Liabilities + Equity | $18.00B | $25.20B | $23.41B | $23.50B | $23.94B | $23.10B | $23.46B | $24.77B | $24.75B | $23.64B | · | $23.71B | $22.10B | $21.72B | · | $19.97B | |
| Shares Outstanding | 208,365,500 | 212,350,194 | 212,746,899 | 216,551,972 | 217,759,811 | 223,776,580 | 235,035,739 | 234,992,960 | 266,704,200 | 272,044,109 | · | 282,824,285 | 282,824,285 | 270,718,099 | · | 270,932,774 |
Cash Flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $195M | $250M | $250M | $249M | $190M | $242M | $245M | $241M | $248M | $230M | $246M | $226M | $224M | $216M | $188M | $190M | |
| Stock-based Comp | $26M | $24M | $26M | $42M | $39M | $32M | $29M | $34M | $30M | $27M | $33M | $31M | $32M | $19M | $21M | $19M | |
| Deferred Tax | $-4M | $-28M | $41M | $47M | $-30M | $336M | $-33M | $-32M | $-1M | $32M | $-756M | $-1.39B | $-10M | $-7M | $-138M | $-1M | |
| Amort. of Intangibles | $52M | $53M | $52M | $52M | $52M | $51M | $52M | $53M | $52M | $54M | $56M | $59M | $59M | $59M | $37M | $37M | |
| Restructuring | $24M | $62M | $36M | $60M | $27M | $37M | $68M | $16M | $70M | $39M | $130M | $28M | $42M | $11M | $33M | $11M | |
| Operating Cash Flow | $92M | $-143M | $818M | $584M | $510M | $273M | $1.06B | $499M | $643M | $244M | $624M | $746M | $535M | $-9M | $933M | $437M | |
| CapEx | $59M | $219M | $167M | $143M | $149M | $197M | $166M | $173M | $226M | $265M | $203M | $212M | $222M | $269M | $178M | $212M | |
| Investing Cash Flow | $-191M | $-221M | $-153M | $-133M | $-9M | $-203M | $577M | $-255M | $-524M | $-305M | $-207M | $-205M | $-281M | $-309M | $-4.27B | $-208M | |
| Net Debt Issued | · | · | · | · | · | · | · | · | · | $0 | · | · | · | $-2M | · | · | |
| Stock Repurchased | $246M | $76M | $301M | $96M | $0 | $0 | $0 | $3.07B | $430M | $600M | $300M | $0 | $30M | $68M | $0 | $0 | |
| Net Stock Activity | · | $-76M | · | · | · | $0 | · | · | · | $-600M | · | · | · | $-68M | · | · | |
| Financing Cash Flow | $-2.32B | $1.69B | $-457M | $-253M | $-179M | $-553M | $-1.08B | $-624M | $362M | $-626M | $-606M | $-20M | $-59M | $-122M | $-17M | $-18M | |
| Net Change in Cash | $-2.41B | $1.32B | $211M | $194M | $348M | $-473M | $520M | $-355M | $468M | $-699M | $-168M | $506M | $185M | $-438M | $-3.32B | $182M | |
| Free Cash Flow | · | $-362M | · | · | · | $76M | · | · | · | $-21M | · | · | · | $-278M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $-73M | · | · | · | $-337M | · | · |
Profitability 7
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 11.2% | 7.4% | · | -3.4% | 9.3% | 9.3% | · | 10.4% | 8.7% | 8.6% | · | 8.7% | 7.9% | 7.2% | · | 10.2% | |
| Net Margin | 7.6% | 3.7% | · | -6.8% | 7.5% | -0.23% | · | 7.5% | 18.6% | 4.5% | · | 31.9% | 4.7% | 3.4% | · | 6.5% | |
| Pretax Margin | 11.2% | 5.6% | · | -4.7% | 8.7% | 7.4% | · | 8.4% | 20.3% | 7.5% | · | 7.8% | 6.7% | 5.8% | · | 9.4% | |
| EBITDA Margin | 11.2% | 7.4% | · | -3.4% | 9.3% | 9.3% | · | 10.4% | 8.7% | 8.6% | · | 8.7% | 7.9% | 7.2% | · | 10.2% | |
| ROA | 1.2% | 0.78% | · | -1.5% | 1.6% | -0.05% | · | 1.5% | 4.0% | 0.96% | · | 7.5% | 1.1% | 0.77% | · | 1.6% | |
| ROE | 2.7% | 2.1% | · | -3.9% | 3.7% | -0.11% | · | 3.7% | 9.1% | 2.2% | · | 17.2% | 2.8% | 1.9% | · | 3.6% | |
| ROIC | 2.2% | 1.5% | · | -1.5% | 2.5% | -0.01% | · | 2.5% | 2.3% | 1.9% | · | 11.1% | 2.4% | 2.0% | · | 2.8% |
Liquidity & Solvency 5
| 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 | 2.0 | 2.1 | · | 1.8 | 1.8 | 1.6 | · | 1.5 | 1.5 | 1.3 | · | 1.8 | 1.8 | 1.7 | · | 2.7 | |
| Quick Ratio | 1.1 | 1.4 | · | 1.1 | 1.1 | 1.0 | · | 0.9 | 1.0 | 0.8 | · | 1.2 | 1.1 | 1.0 | · | 2.0 | |
| Debt / Equity | 0.6 | 1.0 | · | 0.8 | 0.8 | 0.9 | · | 1.1 | 0.6 | 0.6 | · | 0.6 | 0.7 | 0.7 | · | 0.8 | |
| LT Debt / Equity | 0.6 | 1.0 | · | 0.8 | 0.8 | 0.9 | · | 0.9 | 0.5 | 0.4 | · | 0.6 | 0.7 | 0.7 | · | 0.8 | |
| Interest Coverage | · | · | · | · | · | · | · | · | 6.9 | 6.4 | · | 5.9 | 5.7 | 5.2 | · | 8.1 |
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 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | |
| Inventory Turnover | 1.1 | 1.6 | · | 1.6 | 1.7 | 1.6 | · | 1.6 | 1.7 | 1.7 | · | 1.8 | 1.8 | 1.7 | · | 1.7 | |
| Receivables Turnover | 1.1 | 1.4 | · | 1.4 | 1.4 | 1.3 | · | 1.3 | 1.4 | 1.4 | · | 1.5 | 1.5 | 1.5 | · | 1.5 |
Valuation (TTM) 14
| 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 | $18.73B | $20.66B | · | $20.15B | $19.79B | $19.64B | · | $19.73B | $19.98B | $20.13B | · | $19.77B | $19.27B | $18.13B | · | $16.98B | |
| Net Income TTM | $220M | $365M | · | $295M | $1.01B | $1.56B | · | $2.42B | $3.69B | $2.99B | · | $2.28B | $954M | $667M | · | $376M | |
| Market Cap | $12.79B | $14.75B | · | $18.67B | $14.86B | $13.31B | · | $16.92B | $18.78B | $21.67B | · | $27.88B | $28.87B | $30.37B | · | $21.19B | |
| Enterprise Value | $17.38B | $20.92B | · | $24.66B | $21.20B | $20.10B | · | $24.62B | $23.60B | $26.94B | · | $32.54B | $34.08B | $35.79B | · | $22.69B | |
| P/E | 57.9 | 41.1 | · | 68.4 | 15.6 | 9.9 | · | 8.0 | 5.3 | 7.5 | · | 12.3 | 31.0 | 50.5 | · | 68.0 | |
| P/S | 0.7 | 0.7 | · | 0.9 | 0.8 | 0.7 | · | 0.9 | 0.9 | 1.1 | · | 1.4 | 1.5 | 1.7 | · | 1.2 | |
| P/B | 1.5 | 1.6 | · | 2.0 | 1.5 | 1.5 | · | 1.9 | 1.6 | 1.9 | · | 2.6 | 3.1 | 3.4 | · | 2.6 | |
| P / Tangible Book | 4.3 | 5.4 | · | 7.1 | 6.4 | 7.5 | · | 11.5 | 4.6 | 5.9 | · | 8.5 | 18.0 | 22.5 | · | 4.1 | |
| P / Cash Flow | · | -103.1 | · | · | · | 48.8 | · | · | · | 88.8 | · | · | · | -3374.7 | · | · | |
| P / FCF | · | -40.7 | · | · | · | 175.2 | · | · | · | -1031.8 | · | · | · | -109.3 | · | · | |
| EV / EBITDA | 47.4 | 55.4 | · | -140.9 | 43.6 | 44.9 | · | 48.9 | 53.5 | 64.3 | · | 73.0 | 83.1 | 102.8 | · | 48.3 | |
| EV / FCF | · | -57.8 | · | · | · | 264.5 | · | · | · | -1282.6 | · | · | · | -128.7 | · | · | |
| EV / Revenue | 0.9 | 1.0 | · | 1.2 | 1.1 | 1.0 | · | 1.2 | 1.2 | 1.3 | · | 1.6 | 1.8 | 2.0 | · | 1.3 | |
| Earnings Yield | 1.7% | 2.4% | · | 1.5% | 6.4% | 10.2% | · | 12.4% | 18.8% | 13.3% | · | 8.1% | 3.2% | 2.0% | · | 1.5% |
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 | $20.40B | $19.71B | $20.05B | $17.49B | $15.62B |
| Operating Margin % | 5.8% | 9.3% | — | 7.2% | 7.6% |
| Net Income | $165M | $1.79B | $2.94B | $594M | $590M |
| Diluted EPS | $0.75 | $6.96 | $10.39 | $1.96 | $1.94 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.8 | 0.9 | — | 0.7 | 0.5 |
| Current Ratio | 1.7 | 1.5 | — | 1.6 | 2.0 |
| Quick Ratio | 1.1 | 0.9 | — | 1.0 | 1.4 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $1.53B | $1.62B | — | $419M | $611M |
Latest News Recent headlines mentioning this company
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Institutional owners (13F) 717 filers · $7.8B 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.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 87 (-24 vs prior Q) | 107 (+10 vs prior Q) | 243 (-10 vs prior Q) | 249 (-4 vs prior Q) | +33.2M |
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 | $850,619,262 | 13,858,248 | 10.96% | Shares |
| STATE STREET CORP | $582,409,286 | 9,488,584 | 7.51% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $548,135,676 | 8,930,200 | 7.07% | Shares |
| NORGES BANK | $481,602,641 | 7,846,247 | 6.21% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $315,788,782 | 5,167,376 | 4.07% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $301,113,032 | 4,905,719 | 3.88% | Shares |
| VIKING GLOBAL INVESTORS LP | $279,456,204 | 4,552,887 | 3.60% | Shares |
| Impax Asset Management Group plc | $250,879,307 | 4,087,314 | 3.23% | Shares |
| FIRST TRUST ADVISORS LP | $209,299,758 | 3,409,902 | 2.70% | Shares |
| FMR LLC | $182,017,610 | 2,965,422 | 2.35% | Shares |
| Slate Path Capital LP | $162,664,059 | 2,650,115 | 2.10% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $158,177,549 | 2,577,021 | 2.04% | Shares |
| NORDEA INVESTMENT MANAGEMENT AB | $126,017,567 | 2,098,544 | 1.62% | Shares |
| Robeco Institutional Asset Management B.V. | $100,387,972 | 1,635,516 | 1.29% | Shares |
| Rathbones Group PLC | $99,395,334 | 1,619,344 | 1.28% | Shares |
| Swedbank AB | $97,409,323 | 1,586,988 | 1.26% | Shares |
| AMERIPRISE FINANCIAL INC | $95,907,908 | 1,562,527 | 1.24% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $81,084,116 | 1,167,686 | 1.05% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $79,329,107 | 1,292,426 | 1.02% | Shares |
| Capital World Investors | $74,121,199 | 1,207,579 | 0.96% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $72,913,118 | 1,187,897 | 0.94% | Shares |
| NEUBERGER BERMAN GROUP LLC | $62,374,787 | 1,016,207 | 0.80% | Shares |
| VIRGINIA RETIREMENT SYSTEMS ET Al | $49,406,150 | 649,312 | 0.64% | Shares |
| MACKENZIE FINANCIAL CORP | $48,367,931 | 788,008 | 0.62% | Shares |
| Perpetual Ltd | $47,711,902 | 777,320 | 0.61% | Shares |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | $41,399,644 | 674,481 | 0.53% | Shares |
| GOLDMAN SACHS GROUP INC | $40,753,374 | 663,952 | 0.53% | Shares |
| CAMBIAR INVESTORS LLC | $39,504,475 | 643,605 | 0.51% | Shares |
| Ninety One UK Ltd | $38,075,488 | 620,324 | 0.49% | Shares |
| MANGROVE PARTNERS IM, LLC | $37,650,001 | 613,392 | 0.49% | Shares |
| Swiss National Bank | $36,895,518 | 601,100 | 0.48% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $34,440,667 | 561,106 | 0.44% | Shares |
| Caisse de depot et placement du Quebec | $33,858,743 | 551,625 | 0.44% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $33,719,533 | 549,357 | 0.43% | Shares |
| STRS OHIO | $32,891,210 | 535,862 | 0.42% | Shares |
| BlackRock, Inc. | $32,681,904 | 532,452 | 0.42% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $32,580,151 | 538,070 | 0.42% | Shares |
| Squarepoint Ops LLC | $31,858,921 | 519,044 | 0.41% | Shares |
| Nan Shan Life Insurance Co., Ltd. | $30,507,210 | 497,022 | 0.39% | Shares |
| Vanguard Global Advisers, LLC | $30,224,678 | 492,419 | 0.39% | Shares |
| HighTower Advisors, LLC | $30,023,185 | 489,136 | 0.39% | Shares |
| AMERICAN CENTURY COMPANIES INC | $29,325,768 | 477,774 | 0.38% | Shares |
| TUDOR INVESTMENT CORP ET AL | $28,886,778 | 470,622 | 0.37% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $28,153,226 | 458,671 | 0.36% | Shares |
| TODD ASSET MANAGEMENT LLC | $27,905,926 | 454,642 | 0.36% | Shares |
| ATLANTIC INVESTMENT MANAGEMENT, INC. | $27,856,822 | 453,842 | 0.36% | Shares |
| Medina Value Partners, LLC | $27,675,751 | 450,892 | 0.36% | Shares |
| RHUMBLINE ADVISERS | $27,128,569 | 441,979 | 0.35% | Shares |
| California Public Employees Retirement System | $26,925,319 | 438,666 | 0.35% | Shares |
| Verition Fund Management LLC | $26,151,256 | 426,055 | 0.34% | Shares |
| ExodusPoint Capital Management, LP | $26,040,588 | 424,252 | 0.34% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $25,856,079 | 421,246 | 0.33% | Shares |
| BARCLAYS PLC | $25,428,445 | 414,279 | 0.33% | Shares |
| FIL Ltd | $24,760,446 | 403,396 | 0.32% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $23,681,325 | 385,815 | 0.31% | Shares |
| Northwest & Ethical Investments L.P. | $23,442,802 | 381,929 | 0.30% | Shares |
| Thematics Asset Management | $22,542,564 | 261,454 | 0.29% | Shares |
| CITADEL ADVISORS LLC | $22,442,369 | 365,630 | 0.29% | Shares |
| Amundi | $22,341,583 | 363,988 | 0.29% | Shares |
| ROYAL BANK OF CANADA | $22,330,000 | 363,801 | 0.29% | Shares |
| Foresight Group Ltd Liability Partnership | $22,324,683 | 369,767 | 0.29% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $22,182,886 | 319,454 | 0.29% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $21,206,790 | 345,500 | 0.27% | Call option |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $20,321,625 | 344,635 | 0.26% | Shares |
| PRUDENTIAL FINANCIAL INC | $19,677,876 | 320,591 | 0.25% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $19,548,118 | 318,477 | 0.25% | Shares |
| BARCLAYS PLC | $19,334,700 | 315,000 | 0.25% | Call option |
| CITADEL ADVISORS LLC | $18,567,450 | 302,500 | 0.24% | Call option |
| Legal & General Group Plc | $17,784,793 | 289,749 | 0.23% | Shares |
| PFA Pension, Forsikringsaktieselskab | $17,058,404 | 277,915 | 0.22% | Shares |
| Applied Finance Capital Management, LLC | $16,664,738 | 271,519 | 0.21% | Shares |
| ALLIANCEBERNSTEIN L.P. | $16,563,037 | 238,523 | 0.21% | Shares |
| LOOMIS SAYLES & CO L P | $15,819,097 | 257,724 | 0.20% | Shares |
| Freestone Grove Partners LP | $15,649,077 | 254,954 | 0.20% | Shares |
| BANK OF AMERICA CORP /DE/ | $15,472,547 | 252,078 | 0.20% | Shares |
| FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND | $15,456,036 | 251,809 | 0.20% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $14,997,835 | 244,344 | 0.19% | Shares |
| MMCAP International Inc. SPC | $14,785,767 | 240,889 | 0.19% | Shares |
| Boston Partners | $14,781,470 | 240,819 | 0.19% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $14,032,512 | 228,617 | 0.18% | Shares |
| Quantinno Capital Management LP | $13,939,684 | 227,104 | 0.18% | Shares |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $13,594,381 | 221,479 | 0.18% | Shares |
| ASR Vermogensbeheer N.V. | $12,347,588 | 201,165 | 0.16% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $12,308,470 | 200,529 | 0.16% | Shares |
| UBS Group AG | $11,854,135 | 193,127 | 0.15% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $11,811,353 | 192,430 | 0.15% | Shares |
| WESTWOOD HOLDINGS GROUP INC | $11,635,683 | 189,568 | 0.15% | Shares |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $11,576,268 | 188,600 | 0.15% | Shares |
| MIROVA | $11,572,462 | 188,538 | 0.15% | Shares |
| AVIVA PLC | $11,467,441 | 186,827 | 0.15% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $11,349,960 | 184,913 | 0.15% | Shares |
| XTX Topco Ltd | $11,333,080 | 184,638 | 0.15% | Shares |
| Alberta Investment Management Corp | $11,122,056 | 181,200 | 0.14% | Shares |
| Rock Point Advisors, LLC | $10,841,856 | 176,635 | 0.14% | Shares |
| COLRAIN CAPITAL LLC | $10,649,430 | 173,500 | 0.14% | Shares |
| RAYMOND JAMES FINANCIAL INC | $10,470,385 | 170,583 | 0.13% | Shares |
| WEDGE CAPITAL MANAGEMENT L L P/NC | $10,340,588 | 148,914 | 0.13% | Shares |
| APG Asset Management N.V. | $10,201,868 | 190,026 | 0.13% | Shares |
| LYRICAL ASSET MANAGEMENT LP | $10,073,256 | 164,113 | 0.13% | Shares |
| STOREBRAND ASSET MANAGEMENT AS | $9,944,788 | 162,020 | 0.13% | Shares |
Company insiders 57 insiders · 27 officers · 22 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Varun Laroyia | EVP & Chief Financial Officer | April 22, 2026 A | 230,962 | 0 | 2 | $-1,529,510 |
| Mark J. Murphy | CFO and EVP | Feb. 29, 2016 A | 56,335 | 0 | 0 | $0 |
| Joseph R Massaro | Vice Chair & President, EC | April 22, 2026 A | 437,971 | 0 | 1 | $-2,602,600 |
| William T. Presley | SVP & COO & President, S&PS | May 7, 2024 S | 96,223 | 0 | 0 | $0 |
| Allan J Brazier | SVP & Chief Accounting Officer | July 14, 2026 F | 63,323 | 0 | 2 | $-608,120 |
| Obed D. Louissaint | EVP & Chief People Officer | June 15, 2026 S | 210,803 | 0 | 3 | $-561,300 |
| Katherine H Ramundo | EVP, CLO, CCO & Secretary | June 3, 2026 S | 163,752 | 0 | 3 | $-1,673,600 |
| Javed A Khan | EVP, Pres, Software and AS&UX | Feb. 28, 2026 F | 192,371 | 0 | 0 | $0 |
| Joseph T. Liotine | EVP and President, EDS | Feb. 28, 2026 F | 143,912 | 0 | 0 | $0 |
| Benjamin Lyon | SVP & CTO | March 10, 2025 S | 125,237 | 0 | 0 | $0 |
| Matthew M Cole | SVP & President, ASUX | Feb. 28, 2024 A | 40,856 | 0 | 0 | $0 |
| Sophia Velastegui | SVP & Chief Product Officer | Feb. 28, 2023 A | 47,269 | 0 | 0 | $0 |
| Glen W. Devos | SVP, Transformation | Feb. 28, 2023 A | 75,870 | 0 | 0 | $0 |
| Mariya K. Trickett | SVP and CHRO | Feb. 28, 2022 X | 56,369 | 0 | 0 | $0 |
| David Paja | SVP & President, AS&UX | Feb. 28, 2021 X | 92,330 | 0 | 0 | $0 |
| David M Sherbin | SVP, GC & Secretary | Feb. 28, 2021 X | 80,523 | 0 | 0 | $0 |
| Majdi Abulaban | SVP& Segment President | Feb. 28, 2019 X | 192,077 | 0 | 0 | $0 |
| Jerome J. Dorlack | SVP& President EDS | Aug. 22, 2018 A | 41,090 | 0 | 0 | $0 |
| Susan M Suver | SVP and CHRO | Aug. 22, 2018 A | 62,268 | 0 | 0 | $0 |
| Liam Butterworth | SVP & President, Powertrain | Nov. 22, 2017 A | 99,673 | 0 | 0 | $0 |
| Jugal K. Vijayvargiya | SVP& President, E&S | Feb. 17, 2017 X | 112,284 | 0 | 0 | $0 |
| Jeffrey J Owens | EVP & Chief Technology Officer | Feb. 17, 2017 X | 46,592 | 0 | 0 | $0 |
| James A Spencer | EVP, Operations | June 23, 2016 S | 98,717 | 0 | 0 | $0 |
| Kevin M Butler | SVP, HR Mgmt & GBS | Jan. 27, 2015 S | 73,989 | 0 | 0 | $0 |
| Lucia V Moretti | SVP&President, DPSS | Nov. 27, 2013 A | 60,510 | 0 | 0 | $0 |
| Steven Kiefer | SVP&President, Powertrain | Aug. 29, 2013 A | 78,217 | 0 | 0 | $0 |
| James A Bertrand | SVP&President, Thermal | Aug. 29, 2013 A | 116,366 | 0 | 0 | $0 |
| Vasumati P. Jakkal | Director | April 29, 2026 A | 12,049 | 0 | 0 | $0 |
| Colin J. Parris | Director | April 29, 2026 A | 22,791 | 0 | 0 | $0 |
| Ana G. Pinczuk | Director | April 29, 2026 A | 13,314 | 0 | 0 | $0 |
| Robert Kelly Ortberg | Director | April 29, 2026 A | 19,448 | 0 | 0 | $0 |
| Merit E Janow | Director | April 29, 2026 A | 13,804 | 0 | 0 | $0 |
| Nancy E Cooper | Director | April 29, 2026 A | 20,406 | 0 | 0 | $0 |
| Joseph L Hooley | Director | April 29, 2026 A | 27,869 | 0 | 0 | $0 |
| Richard L Clemmer | Director | April 23, 2024 F | 8,292 | 0 | 0 | $0 |
| Nicholas M Donofrio | Director | April 26, 2022 F | 1,759 | 0 | 0 | $0 |
| Rajiv Gupta | Director | April 26, 2022 F | 45,586 | 0 | 0 | $0 |
| Lawrence A Zimmerman | Director | April 29, 2021 F | 23,575 | 0 | 0 | $0 |
| Frank J Dellaquila | Director | April 22, 2020 X | 6,893 | 0 | 0 | $0 |
| Thomas W Sidlik | Director | April 24, 2019 X | 12,196 | 0 | 0 | $0 |
| Mark P Frissora | Director | Feb. 20, 2019 A | 3,902 | 0 | 0 | $0 |
| Bernd Wiedemann | Director | April 25, 2018 X | 8,089 | 0 | 0 | $0 |
| Joseph S Cantie | Director | Nov. 22, 2017 A | 8,936 | 0 | 0 | $0 |
| Gary L Cowger | Director | Nov. 22, 2017 A | 29,960 | 0 | 0 | $0 |
| MANGANELLO TIMOTHY | Director | Nov. 22, 2017 A | 21,192 | 0 | 0 | $0 |
| Randall J Macdonald | Director | Aug. 24, 2016 A | 56,904 | 0 | 0 | $0 |
| Bethany Mayer | Director | April 27, 2016 X | 1,011 | 0 | 0 | $0 |
| John A Krol | Director | April 22, 2015 X | 52,388 | 0 | 0 | $0 |
| Michael M Mcnamara | Director | April 24, 2013 F | 50,293 | 0 | 0 | $0 |
| Delphi Automotive PLC | 10% owner | April 1, 2026 J | 0 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 106 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 |
|---|---|---|---|---|
| CAMX · ADVISORS' INNER CIRCLE FUND | 3.01% | 33,000 NS | April 30, 2026 | N-PORT |
| RSPD · Invesco Exchange-Traded Fund Trust | 1.49% | 101,038 SH | Aug. 8, 2026 | Daily |
| FLOW · Global X Funds | 1.29% | 5,431 NS | May 31, 2026 | N-PORT |
| ROBO · EXCHANGE TRADED CONCEPTS TRUST | 0.88% | 258,370 NS | April 30, 2026 | N-PORT |
| SPVM · Invesco Exchange-Traded Fund Trust | 0.81% | 21,316 SH | Aug. 8, 2026 | Daily |
| SPHB · Invesco Exchange-Traded Fund Trust … | 0.70% | 132,727 SH | Aug. 8, 2026 | Daily |
| AVMV · AMERICAN CENTURY ETF TRUST | 0.42% | 38,712 NS | May 31, 2026 | N-PORT |
| ESUM · Strategy Shares | 0.37% | 9,593 NS | April 30, 2026 | N-PORT |
| RPV · Invesco Exchange-Traded Fund Trust | 0.35% | 121,258 SH | Aug. 8, 2026 | Daily |
| PKW · Invesco Exchange-Traded Fund Trust | 0.34% | 121,242 SH | Aug. 8, 2026 | Daily |
| ISCV · iShares Trust | 0.31% | 46,332 SH | Aug. 8, 2026 | Daily |
| VLUE · iShares Trust | 0.30% | 604,277 SH | Aug. 8, 2026 | Daily |
| VBR · VANGUARD INDEX FUNDS | 0.28% | 3,081,333 SH | Aug. 8, 2026 | Daily |
| VCR · VANGUARD WORLD FUND | 0.26% | 289,896 SH | Aug. 8, 2026 | Daily |
| LSVD · ADVISORS' INNER CIRCLE FUND | 0.26% | 25,933 NS | April 30, 2026 | N-PORT |
| GXPD · Global X Funds | 0.23% | 1,674 NS | May 31, 2026 | N-PORT |
| VFVA · VANGUARD WELLINGTON FUND | 0.21% | 28,421 SH | Aug. 8, 2026 | Daily |
| NULC · Nushares ETF Trust | 0.20% | 1,930 NS | April 30, 2026 | N-PORT |
| WANT · Direxion Shares ETF Trust | 0.19% | 653 NS | April 30, 2026 | N-PORT |
| AVMC · AMERICAN CENTURY ETF TRUST | 0.19% | 11,253 NS | May 31, 2026 | N-PORT |
| VRP · Invesco Exchange-Traded Fund Trust … | 0.18% | 5,210,000 | Aug. 8, 2026 | Daily |
| ESLG · Strategy Shares | 0.17% | 554 NS | April 30, 2026 | N-PORT |
| SIZE · iShares Trust | 0.17% | 15,768 SH | Aug. 8, 2026 | Daily |
| ESLV · Strategy Shares | 0.16% | 320 NS | April 30, 2026 | N-PORT |
| IYC · iShares Trust | 0.16% | 42,211 SH | Aug. 8, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.16% | 4,854,045 SH | Aug. 8, 2026 | Daily |
| EUSA · iShares, Inc. | 0.16% | 64,913 SH | Aug. 8, 2026 | Daily |
| VFMF · VANGUARD WELLINGTON FUND | 0.15% | 16,909 SH | Aug. 8, 2026 | Daily |
| ISCB · iShares Trust | 0.15% | 9,342 SH | Aug. 8, 2026 | Daily |
| AVLV · AMERICAN CENTURY ETF TRUST | 0.15% | 278,248 NS | May 31, 2026 | N-PORT |
| RXI · iShares Trust | 0.15% | 8,676 SH | Aug. 8, 2026 | Daily |
| RSP · Invesco Exchange-Traded Fund Trust | 0.14% | 2,844,522 SH | Aug. 8, 2026 | Daily |
| SPVU · Invesco Exchange-Traded Fund Trust … | 0.12% | 2,454 NS | May 31, 2026 | N-PORT |
| VALQ · AMERICAN CENTURY ETF TRUST | 0.10% | 5,255 NS | May 31, 2026 | N-PORT |
| IWS · iShares Trust | 0.09% | 321,506 SH | Aug. 8, 2026 | Daily |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.09% | 16,717 SH | Aug. 8, 2026 | Daily |
| AVSU · AMERICAN CENTURY ETF TRUST | 0.08% | 5,656 NS | May 31, 2026 | N-PORT |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.08% | 153,954 SH | Aug. 8, 2026 | Daily |
| IWR · iShares Trust | 0.07% | 859,841 SH | Aug. 8, 2026 | Daily |
| DFUV · Dimensional ETF Trust | 0.07% | 164,821 NS | April 30, 2026 | N-PORT |
| DFLV · Dimensional ETF Trust | 0.07% | 63,519 NS | April 30, 2026 | N-PORT |
| AVUS · AMERICAN CENTURY ETF TRUST | 0.06% | 126,725 NS | May 31, 2026 | N-PORT |
| AVLC · AMERICAN CENTURY ETF TRUST | 0.06% | 11,656 NS | May 31, 2026 | N-PORT |
| XOEF · iShares Trust | 0.05% | 270 SH | Aug. 8, 2026 | Daily |
| VCLT · VANGUARD SCOTTSDALE FUNDS | 0.05% | 7,914,000 PA | Aug. 8, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.05% | 3,030 NS | April 30, 2026 | N-PORT |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.05% | 7,694 SH | Aug. 8, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.04% | 15,004 NS | April 30, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.04% | 308,071 NS | April 30, 2026 | N-PORT |
| VOOV · VANGUARD ADMIRAL FUNDS | 0.04% | 48,877 SH | Aug. 8, 2026 | Daily |