AVA Avista Corporation Common Stock
NYSE · Utilities · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 3, 2026AVA Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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| Ex-date | Split | Type |
|---|---|---|
| Nov. 10, 1993 | 2-for-1 | Forward |
About Avista Corporation Common Stock Company overview from Wikipedia
Avista Corporation is an American energy company which generates and transmits electricity and distributes natural gas to residential, commercial, and industrial customers. Approximately 1,550 employees provide electricity, natural gas, and other energy services to 422,000 electric and 383,000 natural gas customers in three western states. The service territory covers 30,000 square miles (78,000 km2) in eastern Washington, northern Idaho, and parts of southern and eastern Oregon, with a population of 1.5 million.
Avista Utilities is the regulated business unit of Avista Corp., an investor-owned utility headquartered in Spokane, Washington. Avista Corp.'s primary, non-utility subsidiary was Ecova, an energy and sustainability management company with over 700 expense management customers, representing more than 600,000 sites. In 2014, Ecova was sold to Cofely, a subsidiary of GDF Suez.
The company was founded 137 years ago in 1889 as Washington Water Power Company. The board of directors approved a name change to Avista Corporation, effective January 1, 1999, and the company began trading under the Avista name on Monday, January 4.
At that time, the company also bought naming rights for Spokane's minor league baseball park, Avista Stadium.
History
Washington Water Power was incorporated in March 1889 with the aim of generating hydroelectric power from the Spokane River. Earlier in 1889, F. Rockwood Moore, then affiliated with the Edison Electric Illuminating Company, purchased property on both sides of the Spokane River with the intent of developing a power plant for the company. Because of skepticism as to the reliability of hydro power from Eastern investors, and high royalties from Edison Electric, local businessmen including Mr. Moore incorporated the company, sought investors for the new company to build the project.
In the 1890s through the 1930s, Washington Water Power bought up streetcar companies in the city of Spokane and had cornered the transportation market by 1900. Despite seeing a peak in 1910, ridership declined through the 1930s and Washington Water Power's final streetcar line closed in 1936. The company would never again seek to enter the public transportation market.
In 1892 Washington Water Power purchased a park called Twickenham Park on the banks of the Spokane River. The company renamed the attraction Natatorium Park and expanded it with a large swimming pool in 1895 and it became an all-purpose recreation site for the city. Washington Water Power eventually sold the park in 1929.
Washington Water Power expanded in Oregon and into California by acquiring the natural gas operations of CP National from Alltel in 1989. The California operations were sold to Southwest Gas in 2005.
In 2014, Avista acquired Alaska Electric Light & Power, the electric utility for Juneau in an all stock transaction worth $170 million.
Avista supports adoption of electric vehicles. In 2016, Avista proposed a two-year pilot program that would install 265 charging stations for electric cars in the eastern part of Washington state. The program was estimated to cost around $3.1 million. It would install fast electric vehicle charging stations in 120 homes, 100 workplaces, and 45 public areas.
In 2017, Ontario-based electrical utility Hydro One agreed to purchase Avista.
In December 2018, The Washington Utilities and Transportation Commission rejected the proposed takeover by Hydro-One, saying the Ontario government (its largest shareholder) led by recently elected premier Doug Ford, had interfered politically in Hydro One's business affairs, most glaringly ordering the removal of CEO Mayo Schmidt, who he dubbed "the Six Million Dollar Man" during the election, and vowing to fire him if elected.
Lawsuits
On September 27, 2002, Avista was sued for issuing false and misleading statements concerning its business and financial condition, including failing to disclose that Avista was engaged in highly risky energy trading activities with Enron and Portland General Electric. On December 20, 2007, Avista agreed to a $9.5 million settlement.
Restatement
On February 20, 2002, the company voluntarily adjusted the amount originally allocated to IPR&D, stating its intent to restate its third quarter 1998 consolidated financial statements accordingly.
Other media
In the movie Vision Quest, Matthew Modine's character Louden Swain can be seen running over the Monroe Street Bridge with “Washington Water Power” prominently displayed in the background on the historic Washington Water Power Post Street Electric Substation.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
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?
| Metric | 5Y trend | AVA | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 12.75Y avg ≈17.9 | ≈17.9 | 19.8 | Undervalued | |
| P/S (TTM) | 1.55Y avg ≈1.8 | ≈1.8 | 2.5 | Undervalued | |
| P/B (MRQ) | 1.05Y avg ≈1.3 | ≈1.3 | 1.5 | Undervalued | |
| EV / EBITDA | 5.15Y avg ≈8.5 | ≈8.5 | 12.2 | Undervalued | |
| Price / FCF (TTM) | -28.45Y avg ≈563.7 | ≈563.7 | · | · | |
| Price / Cash Flow (TTM) | 5.45Y avg ≈11.3 | ≈11.3 | 8.5 | Undervalued | |
| EV / Revenue | 1.75Y avg ≈2.5 | ≈2.5 | · | · | |
| EV / FCF | -32.55Y avg ≈622.0 | ≈622.0 | · | · | |
| Price / Tangible Book | 1.15Y avg ≈1.3 | ≈1.3 | · | · | |
| PEG Ratio | ≈2.8 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | AVA | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin (TTM) | 18.8%5Y avg ≈15.1% | ≈15.1% | 16.4% | Weak | |
| EBITDA Margin (TTM) | 33.4%5Y avg ≈30.1% | ≈30.1% | 21.4% | Weak | |
| Pretax Margin (TTM) | 13.4%5Y avg ≈9.5% | ≈9.5% | 10.0% | In line | |
| Net Profit Margin (TTM) | 11.8%5Y avg ≈9.6% | ≈9.6% | 7.6% | Top tier | |
| ROA (TTM) | 2.7%5Y avg ≈2.3% | ≈2.3% | 2.8% | Weak | |
| ROE (TTM) | 8.3%5Y avg ≈7.0% | ≈7.0% | 8.9% | Weak | |
| ROIC | 10.2%5Y avg ≈8.1% | ≈8.1% | 5.3% | Top tier |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | AVA | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.15Y avg ≈0.5 | ≈0.5 | 1.1 | Low debt | |
| Current Ratio (MRQ) | 1.15Y avg ≈0.8 | ≈0.8 | 0.8 | Strong liquidity | |
| Quick Ratio | 0.05Y avg ≈0.0 | ≈0.0 | 0.2 | Strong liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | AVA | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 1.3%5Y avg ≈8.4% | ≈8.4% | · | · | |
| Revenue CAGR 3Y | 4.7%5Y avg ≈8.3% | ≈8.3% | · | · | |
| Revenue CAGR 5Y | 8.2% | · | · | · | |
| EPS YoY | 3.9%5Y avg ≈4.7% | ≈4.7% | · | · | |
| Net Income YoY | 7.2%5Y avg ≈8.4% | ≈8.4% | · | · | |
| EPS CAGR 3Y | 3.9%5Y avg ≈4.2% | ≈4.2% | · | · | |
| EPS CAGR 5Y | 4.6% | · | · | · | |
| Net Income CAGR 3Y | 7.6%5Y avg ≈8.1% | ≈8.1% | · | · | |
| Net Income CAGR 5Y | 8.3% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | AVA | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.25Y avg ≈0.2 | ≈0.2 | 0.2 | Top tier |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 18, 2026 | $0.49 | USD | ≈5.1% |
| May 19, 2026 | $0.49 | USD | ≈4.8% |
| Feb 25, 2026 | $0.49 | USD | ≈4.8% |
| Nov 24, 2025 | $0.49 | USD | ≈4.8% |
| Aug 19, 2025 | $0.49 | USD | ≈5.2% |
| May 13, 2025 | $0.49 | USD | ≈5.1% |
| Feb 26, 2025 | $0.49 | USD | ≈4.8% |
| Nov 26, 2024 | $0.48 | USD | ≈4.9% |
| Aug 22, 2024 | $0.48 | USD | ≈4.9% |
| May 22, 2024 | $0.48 | USD | ≈5.0% |
| Feb 22, 2024 | $0.48 | USD | ≈5.5% |
| Nov 16, 2023 | $0.46 | USD | ≈5.3% |
| Aug 17, 2023 | $0.46 | USD | ≈5.4% |
| May 25, 2023 | $0.46 | USD | ≈4.3% |
| Feb 16, 2023 | $0.46 | USD | ≈4.5% |
| Nov 17, 2022 | $0.44 | USD | ≈4.6% |
| Aug 18, 2022 | $0.44 | USD | ≈3.9% |
| May 26, 2022 | $0.44 | USD | ≈4.0% |
| Feb 17, 2022 | $0.44 | USD | ≈4.0% |
| Nov 18, 2021 | $0.42 | USD | ≈4.3% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 4, 2026 | $0.43 | $0.24 | 81.0% |
| March 31, 2026 | $1.10 | $1.04 | 6.2% | |
| Dec. 31, 2025 | $0.88 | $1.03 | -14.6% | |
| Sept. 30, 2025 | $0.36 | $0.29 | 25.0% | |
| June 30, 2025 | $0.17 | $0.31 | -44.5% | |
| March 31, 2025 | $0.98 | $1.04 | -5.5% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.96B | $1.94B | $1.75B | $1.71B | $1.44B | $1.32B | $1.35B | $1.40B | $1.45B | $1.44B | $1.48B | $1.47B | |
| Operating Expenses | $1.61B | $1.63B | $1.49B | $1.52B | $1.21B | $1.09B | $1.14B | $1.14B | $1.15B | $1.14B | $1.23B | $1.22B | |
| Operating Income | $354M | $306M | $258M | $190M | $228M | $233M | $210M | $261M | $292M | $300M | $253M | $253M | |
| Interest Expense | · | · | · | · | · | · | $103M | $100M | $95M | $86M | $80M | $75M | |
| Interest Income | $12M | $14M | $15M | $4M | $2M | $2M | $3M | $3M | $2M | $2M | $653.0K | $987.0K | |
| Other Non-op | $11M | $22M | $19M | $63M | $33M | $5M | $15M | $-1M | $-607.0K | $20.0K | $9M | $11M | |
| Pretax Income | $217M | $183M | $137M | $138M | $159M | $137M | $228M | $163M | $199M | $215M | $186M | $192M | |
| Income Tax | $24M | $3M | $-34M | $-17M | $12M | $7M | $31M | $26M | $83M | $78M | $67M | $72M | |
| Net Income | $193M | $180M | $171M | $155M | $147M | $129M | $197M | $136M | $116M | $137M | $123M | $192M | |
| EPS (Basic) | $2.38 | $2.29 | $2.24 | $2.13 | $2.11 | $1.91 | $2.98 | $2.08 | $1.80 | $2.16 | $1.98 | $3.12 | |
| EPS (Diluted) | $2.38 | $2.29 | $2.24 | $2.12 | $2.10 | $1.90 | $2.97 | $2.07 | $1.79 | $2.15 | $1.97 | $3.10 | |
| Shares (Basic) | 80,975,000 | 78,725,000 | 76,396,000 | 72,989,000 | 69,951,000 | 67,962,000 | 66,205,000 | 65,673,000 | 64,496,000 | 63,508,000 | 62,301,000 | 61,632,000 | |
| Shares (Diluted) | 81,051,000 | 78,820,000 | 76,495,000 | 73,093,000 | 70,085,000 | 68,102,000 | 66,329,000 | 65,946,000 | 64,806,000 | 63,920,000 | 62,708,000 | 61,887,000 | |
| EBITDA | $643M | $580M | $523M | $443M | $460M | $457M | $416M | $448M | $460M | $455M | $401M | $391M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $19M | $30M | $35M | $13M | $22M | $14M | $10M | $15M | $16M | $9M | $10M | $22M | |
| Receivables | $220M | $205M | · | · | · | · | · | · | · | · | · | · | |
| Inventory | $236M | $193M | $160M | $108M | $85M | $67M | $67M | $64M | $58M | $53M | $54M | $66M | |
| Prepaid Expense | $56M | $37M | $53M | $30M | $24M | $24M | $20M | $18M | $12M | · | · | · | |
| Other Current Assets | $119M | $91M | $104M | $151M | $81M | $85M | $40M | $54M | $33M | $50M | $31M | $45M | |
| Current Assets | $729M | $656M | $662M | $722M | $434M | $344M | $305M | $347M | $338M | $351M | $306M | $395M | |
| PP&E (Gross) | $8.89B | $8.42B | $7.98B | $7.73B | $7.37B | $6.99B | $6.63B | $6.37B | $6.01B | $5.66B | $5.33B | $4.95B | |
| Goodwill | $52M | $52M | $52M | $52M | $52M | $52M | $52M | $58M | $58M | $58M | $58M | $58M | |
| Intangibles | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Other Non-current Assets | $23M | $20M | $16M | $15M | $11M | $27M | $23M | $23M | $21M | $141M | $144M | $151M | |
| Total Assets | $8.36B | $7.94B | $7.70B | $7.42B | $6.85B | $6.40B | $6.08B | $5.78B | $5.51B | $5.31B | $4.91B | $4.70B | |
| Accounts Payable | $163M | $125M | $143M | $203M | $133M | $107M | $110M | $108M | $107M | $116M | $114M | $113M | |
| Accrued Liabilities | $54M | $51M | $54M | $50M | $39M | $35M | $35M | $33M | $34M | · | · | · | |
| Short-term Debt | $388M | $354M | $349M | $463M | $284M | $203M | $186M | $190M | $105M | $120M | · | · | |
| Current Liabilities | $878M | $771M | $775M | $965M | $913M | $506M | $531M | $640M | $698M | $408M | $475M | $385M | |
| Capital Leases | $60M | $62M | $64M | $64M | $66M | $68M | $66M | $0 | · | · | · | · | |
| Deferred Tax | $778M | $751M | $718M | $675M | $643M | $595M | $529M | $488M | $467M | $841M | $747M | $710M | |
| Other Non-current Liabilities | $305M | $253M | $210M | $176M | $178M | $215M | $201M | $71M | $73M | $153M | $131M | $146M | |
| Total Liabilities | $5.65B | $5.35B | $5.22B | $5.08B | $4.70B | $4.37B | $4.14B | $4.01B | $3.78B | $3.66B | $3.38B | $3.22B | |
| Long-term Debt | · | · | · | $2.29B | $2.15B | $2.01B | $1.84B | · | · | · | · | · | |
| Total Debt | $388M | $354M | $364M | $2.76B | $2.43B | $2.21B | $186M | $190M | $105M | · | · | · | |
| Common Stock | $1.80B | $1.72B | $1.64B | $1.53B | $1.38B | $1.29B | $1.21B | $1.14B | $1.13B | $1.08B | $1.00B | $1000M | |
| Retained Earnings | $905M | $871M | $841M | $812M | $786M | $758M | $739M | $645M | $604M | $581M | $531M | $492M | |
| AOCI | $-1M | · | $-357.0K | $-2M | $-11M | $-14M | $-10M | $-8M | $-8M | $-8M | $-7M | $-8M | |
| Stockholders' Equity | $2.71B | $2.59B | $2.48B | $2.33B | $2.15B | $2.03B | $1.94B | $1.77B | $1.73B | $1.65B | $1.53B | $1.48B | |
| Liabilities + Equity | $8.36B | $7.94B | $7.70B | $7.42B | $6.85B | $6.40B | $6.08B | $5.78B | $5.51B | $5.31B | $4.91B | $4.70B | |
| Shares Outstanding | 82,193,000 | 80,039,000 | 78,075,000 | 74,946,000 | 71,498,000 | 69,238,901 | 67,176,996 | 65,688,356 | 65,494,333 | 64,187,934 | 62,312,651 | 62,243,374 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $289M | $274M | $265M | $253M | $232M | $224M | $206M | $187M | $176M | $165M | $148M | $138M | |
| Stock-based Comp | $9M | $9M | $8M | $9M | $5M | $6M | $11M | $5M | $7M | $8M | $7M | $8M | |
| Deferred Tax | $2M | $-5M | $-37M | $-18M | $11M | $45M | $15M | $9M | $70M | $125M | $55M | $139M | |
| Amort. of Intangibles | · | · | · | · | · | · | · | · | · | · | · | $6M | |
| Other Non-cash | $-24M | $76M | $39M | $-275M | $-128M | $-74M | $-31M | $24M | $42M | $-76M | $46M | $-215M | |
| Operating Cash Flow | $469M | $534M | $447M | $124M | $267M | $331M | $398M | $362M | $410M | $358M | $376M | $267M | |
| CapEx | $570M | $533M | $499M | $452M | $440M | $404M | $443M | $424M | $412M | $407M | $393M | $326M | |
| Investing Cash Flow | $-564M | $-539M | $-510M | $-460M | $-445M | $-411M | $-446M | $-440M | $-434M | $-432M | $-388M | $-104M | |
| Debt Issued | $140M | $84M | $250M | $400M | $140M | $165M | $180M | $375M | $90M | $245M | $100M | $150M | |
| Net Debt Issued | $140M | $84M | $250M | $400M | $137M | $165M | $180M | $375M | $87M | $82M | $97M | $110M | |
| Stock Issued | $78M | $68M | $113M | $137M | $90M | $72M | $65M | $1M | $56M | $67M | $2M | $4M | |
| Stock Repurchased | · | · | · | · | · | · | · | · | $0 | $0 | $3M | $80M | |
| Net Stock Activity | $78M | $68M | $112M | $138M | $90M | $72M | $65M | $1M | $56M | $67M | $-1M | $-76M | |
| Dividends Paid | $159M | $150M | $141M | $129M | $118M | $110M | $103M | $98M | $92M | $87M | $82M | $78M | |
| Financing Cash Flow | $84M | $0 | $85M | $327M | $186M | $84M | $43M | $77M | $31M | $72M | $528.0K | $-224M | |
| Net Change in Cash | $-11M | $-5M | $22M | $-9M | $8M | $4M | $-5M | $-2M | $8M | $-2M | $-12M | $-60M | |
| Taxes Paid | $28M | $11M | $2M | · | · | · | · | · | · | $-13M | $-10M | $45M | |
| Free Cash Flow | $-101M | $1M | $-52M | $-328M | $-173M | $-73M | $-44M | $-62M | $-2M | $-48M | $-18M | $-58M | |
| Levered FCF | · | · | · | · | · | · | $-133M | $-146M | $-58M | $-104M | $-69M | $-105M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 18.0% | 15.8% | 14.7% | 11.1% | 15.9% | 17.6% | 15.6% | 18.7% | 19.7% | 20.1% | 17.1% | 17.2% | |
| Net Margin | 9.8% | 9.3% | 9.8% | 9.1% | 10.2% | 9.8% | 14.6% | 9.8% | 8.0% | 9.5% | 8.3% | 13.0% | |
| Pretax Margin | 11.1% | 9.4% | 7.8% | 8.1% | 11.1% | 10.3% | 17.0% | 11.6% | 13.7% | 14.9% | 12.5% | 13.1% | |
| EBITDA Margin | 32.7% | 29.9% | 29.9% | 25.9% | 32.0% | 34.6% | 30.9% | 32.1% | 31.8% | 31.5% | 27.0% | 26.6% | |
| ROA | 2.4% | 2.3% | 2.3% | 2.2% | 2.2% | 2.1% | 3.3% | 2.4% | 2.1% | 2.7% | 2.6% | 4.4% | |
| ROE | 7.3% | 7.0% | 7.0% | 6.8% | 6.9% | 6.5% | 10.3% | 7.8% | 6.8% | 8.4% | 8.1% | 12.9% | |
| ROIC | 10.2% | 10.2% | 11.3% | 4.2% | 4.6% | 5.2% | 8.5% | 11.2% | 9.0% | 11.2% | 10.5% | 10.6% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.8 | 0.9 | 0.9 | 0.7 | 0.5 | 0.7 | 0.6 | 0.5 | 0.5 | 0.9 | 0.6 | 1.0 | |
| Quick Ratio | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | |
| Debt / Equity | 0.1 | 0.1 | 0.1 | 1.2 | 1.1 | 1.1 | 0.1 | 0.1 | 0.1 | · | · | · | |
| LT Debt / Equity | · | · | · | 1.0 | 0.9 | 1.0 | · | · | · | · | · | · | |
| Interest Coverage | · | · | · | · | · | · | 2.0 | 2.6 | 3.0 | 3.4 | 3.2 | 3.4 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $32.96 | $32.37 | $31.83 | $31.15 | $30.14 | $29.31 | $28.87 | $26.99 | $26.41 | $25.68 | $24.53 | $23.83 | |
| Revenue / Share | $24.23 | $24.59 | $22.90 | $23.40 | $20.53 | $19.41 | $20.29 | $21.18 | $22.31 | $22.57 | $23.68 | $23.79 | |
| Cash Flow / Share | $5.79 | $6.77 | $5.84 | $1.70 | $3.81 | $4.86 | $6.00 | $5.49 | $6.33 | $5.60 | $5.99 | $4.32 | |
| Cash / Share | $0.23 | $0.37 | $0.45 | $0.18 | $0.31 | $0.20 | $0.15 | $0.22 | $0.25 | $0.13 | $0.17 | $0.36 | |
| Dividend Paid / Share | $1.96 | $1.90 | $1.84 | $1.76 | $1.69 | $1.62 | $1.55 | $1.49 | $1.43 | $1.37 | $1.32 | $1.27 | |
| EPS (TTM) | $2.38 | $2.29 | $2.24 | $2.12 | $2.10 | $1.90 | $2.97 | $2.07 | $1.79 | $2.15 | $1.97 | $3.10 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 1.3% | 10.6% | 2.5% | 18.8% | 8.8% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 4.7% | 10.4% | 9.8% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 8.2% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 3.9% | 2.2% | 5.7% | 0.95% | 10.5% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 3.9% | 2.9% | 5.6% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 4.6% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 7.2% | 5.3% | 10.3% | 5.2% | 13.8% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 7.6% | 6.9% | 9.7% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 8.3% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 7.6% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.96B | $1.94B | $1.75B | $1.71B | $1.44B | $1.32B | $1.35B | $1.40B | $1.45B | $1.44B | $1.48B | $1.47B | |
| Net Income TTM | $193M | $180M | $171M | $155M | $147M | $129M | $197M | $136M | $116M | $137M | $123M | $192M | |
| Market Cap | $3.17B | $2.93B | $2.79B | $3.32B | $3.04B | $2.78B | $3.23B | $2.79B | $3.37B | $2.57B | $2.20B | $2.20B | |
| Enterprise Value | $3.54B | $3.26B | $3.12B | $6.07B | $5.45B | $4.98B | $3.41B | $2.97B | $3.46B | · | · | · | |
| P/E | 16.2 | 16.0 | 16.0 | 20.9 | 20.2 | 21.1 | 16.2 | 20.5 | 28.8 | 18.6 | 18.0 | 11.4 | |
| P/S | 1.6 | 1.5 | 1.6 | 1.9 | 2.1 | 2.1 | 2.4 | 2.0 | 2.3 | 1.8 | 1.5 | 1.5 | |
| P/B | 1.2 | 1.1 | 1.1 | 1.4 | 1.4 | 1.4 | 1.7 | 1.6 | 1.9 | 1.6 | 1.4 | 1.5 | |
| P / Tangible Book | 1.2 | 1.2 | 1.1 | 1.5 | 1.4 | 1.4 | · | · | · | · | · | · | |
| P / Cash Flow | 6.8 | 5.5 | 6.2 | 26.8 | 11.4 | 8.4 | 8.1 | 7.7 | 8.2 | 7.2 | 5.9 | 8.2 | |
| P / FCF | -31.4 | 2931.8 | -54.1 | -10.1 | -17.6 | -37.9 | -72.9 | -44.7 | -1652.3 | -53.1 | -123.9 | -37.8 | |
| EV / EBITDA | 5.5 | 5.6 | 6.0 | 13.7 | 11.8 | 10.9 | 8.2 | 6.6 | 7.5 | · | · | · | |
| EV / FCF | -35.0 | 3255.8 | -60.5 | -18.5 | -31.6 | -67.9 | -76.9 | -47.5 | -1696.0 | · | · | · | |
| EV / Revenue | 1.8 | 1.7 | 1.8 | 3.5 | 3.8 | 3.8 | 2.5 | 2.1 | 2.4 | · | · | · | |
| Dividend Yield | 5.0% | 5.1% | 5.1% | 3.9% | 3.9% | 4.0% | 3.2% | 3.5% | 2.7% | 3.4% | 3.7% | 3.6% | |
| Earnings Yield | 6.2% | 6.2% | 6.3% | 4.8% | 4.9% | 4.7% | 6.2% | 4.9% | 3.5% | 5.4% | 5.6% | 8.8% | |
| Payout Ratio | 82.4% | 83.3% | 82.3% | 83.2% | 80.2% | 85.2% | 52.2% | 71.9% | 79.8% | 63.5% | 66.9% | 40.8% | |
| Annual Payout | $159M | $150M | $141M | $129M | $118M | $110M | $103M | $98M | $92M | $87M | $82M | $78M |
Income Statement
| 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 | $413M | $570M | $533M | $403M | $411M | $617M | $533M | $394M | $402M | $609M | $518M | $380M | $380M | $475M | $510M | $359M | |
| Operating Expenses | $359M | $436M | $421M | $343M | $354M | $492M | $432M | $345M | $347M | $508M | $418M | $342M | $336M | $398M | $447M | $340M | |
| Operating Income | $54M | $134M | $112M | $60M | $57M | $125M | $101M | $49M | $55M | $101M | $100M | $38M | $44M | $77M | $63M | $19M | |
| Interest Income | $2M | $4M | $3M | $4M | $3M | $2M | $4M | $3M | $3M | $4M | · | · | · | · | · | · | |
| Other Non-op | $4M | $9M | $5M | $9M | $2M | $3M | $3M | $5M | $5M | $9M | $3M | $7M | $3M | $6M | $40M | $4M | |
| Pretax Income | $41M | $105M | $80M | $31M | $15M | $91M | $68M | $18M | $24M | $73M | $66M | $11M | $12M | $48M | $72M | $-6M | |
| Income Tax | $6M | $13M | $9M | $2M | $1M | $12M | $0 | $0 | $1M | $2M | $-18M | $-4M | $-6M | $-7M | $-5M | $157.0K | |
| Net Income | $35M | $92M | $71M | $29M | $14M | $79M | $68M | $18M | $23M | $71M | $84M | $15M | $17M | $55M | $78M | $-6M | |
| EPS (Basic) | $0.43 | $1.11 | $0.87 | $0.36 | $0.17 | $0.98 | $0.86 | $0.23 | $0.29 | $0.91 | $1.09 | $0.19 | $0.23 | $0.73 | $1.05 | $-0.08 | |
| EPS (Diluted) | $0.43 | $1.11 | $0.87 | $0.36 | $0.17 | $0.98 | $0.86 | $0.23 | $0.29 | $0.91 | $1.09 | $0.19 | $0.23 | $0.73 | $1.05 | $-0.08 | |
| Shares (Basic) | 83,060,000 | 82,339,000 | · | 81,232,000 | 80,715,000 | 80,218,000 | · | 78,836,000 | 78,390,000 | 78,161,000 | · | 76,734,000 | 75,983,000 | 75,169,000 | · | 73,229,000 | |
| Shares (Diluted) | 83,109,000 | 82,354,000 | · | 81,278,000 | 80,774,000 | 80,309,000 | · | 78,968,000 | 78,456,000 | 78,211,000 | · | 76,761,000 | 76,131,000 | 75,275,000 | · | 73,298,000 | |
| EBITDA | $54M | $201M | · | $60M | $57M | $196M | · | $49M | $54M | $169M | · | $38M | $44M | $142M | · | $19M |
Balance Sheet
| 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 | $25M | $18M | $19M | $44M | $9M | $17M | $30M | $9M | $15M | $12M | · | $9M | $16M | $11M | · | $14M | |
| Receivables | $153M | $195M | · | $155M | $170M | $216M | · | · | · | · | · | · | · | · | · | · | |
| Inventory | $264M | $241M | $236M | $228M | $216M | $202M | $193M | $186M | $176M | $164M | · | $145M | $116M | $102M | · | $123M | |
| Prepaid Expense | $61M | $45M | $56M | $49M | $55M | $60M | $37M | $40M | $52M | $56M | · | $51M | $48M | $47M | · | $22M | |
| Other Current Assets | $94M | $97M | $119M | $109M | $150M | $127M | $91M | $71M | $77M | $83M | · | $94M | $90M | $117M | · | $101M | |
| Current Assets | $715M | $735M | $729M | $665M | $667M | $667M | $656M | $525M | $551M | $562M | · | $547M | $527M | $656M | · | $464M | |
| PP&E (Gross) | $8.96B | $8.78B | $8.89B | $8.73B | $8.64B | $8.50B | $8.42B | $8.31B | $8.17B | $8.04B | · | $7.91B | $7.79B | $7.68B | · | $7.62B | |
| Goodwill | $52M | $52M | $52M | $52M | $52M | $52M | $52M | $52M | $52M | $52M | · | $52M | $52M | $52M | · | $52M | |
| Other Non-current Assets | $8M | $25M | $23M | $23M | $22M | $26M | $20M | $20M | $18M | $16M | · | $23M | $17M | $16M | · | $11M | |
| Total Assets | $8.54B | $8.41B | $8.36B | $8.16B | $8.06B | $7.97B | $7.94B | $7.78B | $7.68B | $7.65B | $7.70B | $7.47B | $7.37B | $7.39B | $7.42B | $7.06B | |
| Accounts Payable | $130M | $119M | $163M | $118M | $111M | $113M | $125M | $105M | $105M | $103M | · | $105M | $104M | $112M | · | $113M | |
| Accrued Liabilities | $43M | $44M | $54M | $59M | $56M | $59M | $51M | $54M | $44M | $44M | · | $45M | $36M | $35M | · | $42M | |
| Short-term Debt | $226M | $385M | $388M | $287M | $270M | $287M | $354M | $287M | $244M | $212M | · | $222M | $203M | $231M | · | $268M | |
| Current Liabilities | $650M | $820M | $878M | $729M | $668M | $721M | $771M | $700M | $625M | $580M | · | $583M | $541M | $605M | · | $685M | |
| Capital Leases | $61M | $61M | $60M | $64M | $63M | $62M | $62M | $65M | $65M | $64M | · | $67M | $67M | $66M | · | $68M | |
| Deferred Tax | $808M | $793M | $778M | $770M | $757M | $745M | $751M | $726M | $719M | $712M | · | $726M | $704M | $694M | · | $666M | |
| Other Non-current Liabilities | $344M | $329M | $305M | $294M | $279M | $269M | $253M | $248M | $242M | $233M | · | $213M | $207M | $195M | · | $177M | |
| Total Liabilities | $5.71B | $5.63B | $5.65B | $5.52B | $5.42B | $5.32B | $5.35B | $5.25B | $5.16B | $5.13B | · | $5.06B | $4.97B | $5.01B | · | $4.82B | |
| Long-term Debt | · | · | · | · | · | · | · | · | · | · | · | · | · | $2.54B | · | $2.29B | |
| Total Debt | $226M | $385M | · | $287M | $270M | $287M | · | $302M | $259M | $227M | · | $222M | $210M | $2.77B | · | $2.56B | |
| Common Stock | $1.87B | $1.82B | $1.80B | $1.77B | $1.76B | $1.74B | $1.72B | $1.69B | $1.67B | $1.65B | · | $1.62B | $1.59B | $1.56B | · | $1.48B | |
| Retained Earnings | $951M | $956M | $905M | $874M | $885M | $912M | $871M | $842M | $861M | $876M | · | $793M | $814M | $832M | · | $767M | |
| AOCI | $-1M | $-1M | $-1M | · | · | · | · | $-375.0K | $-366.0K | $-366.0K | · | $-2M | $-2M | $-2M | · | $-10M | |
| Stockholders' Equity | $2.82B | $2.78B | $2.71B | $2.65B | $2.65B | $2.65B | $2.59B | $2.53B | $2.53B | $2.52B | $2.48B | $2.41B | $2.40B | $2.39B | $2.33B | $2.23B | |
| Liabilities + Equity | $8.54B | $8.41B | $8.36B | $8.16B | $8.06B | $7.97B | $7.94B | $7.78B | $7.68B | $7.65B | · | $7.47B | $7.37B | $7.39B | · | $7.06B | |
| Shares Outstanding | 83,752,000 | 82,638,000 | 82,193,000 | 81,370,000 | 81,109,000 | 80,561,000 | 80,039,000 | 79,180,956 | 78,702,117 | 78,187,093 | 78,075,000 | 77,364,125 | 76,524,184 | 75,762,598 | 74,946,000 | 73,774,804 |
Cash Flow
| 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 | $68M | $67M | $73M | $73M | $72M | $71M | $70M | $68M | $68M | $68M | $67M | $67M | $66M | $65M | $64M | $64M | |
| Stock-based Comp | $6M | $3M | $1M | $1M | $4M | $3M | $1M | $2M | $4M | $2M | $902.0K | $2M | $3M | $2M | $2M | $3M | |
| Deferred Tax | $8M | $6M | $4M | $3M | $6M | $-11M | $20M | $-2M | $-4M | $-19M | $-21M | $5M | $-10M | $-10M | $1M | $-7M | |
| Other Non-cash | · | $11M | · | · | · | $42M | · | · | · | $67M | · | · | · | $-18M | · | · | |
| Operating Cash Flow | $122M | $179M | $75M | $170M | $40M | $184M | $90M | $127M | $127M | $190M | $54M | $124M | $175M | $94M | $-86M | $4M | |
| CapEx | $176M | $150M | $191M | $133M | $143M | $103M | $128M | $154M | $132M | $119M | $140M | $133M | $126M | $100M | $121M | $121M | |
| Investing Cash Flow | $-186M | $-148M | $-191M | $-125M | $-145M | $-103M | $-129M | $-156M | $-136M | $-118M | $-141M | $-135M | $-128M | $-106M | $-120M | $-121M | |
| Debt Issued | · | · | $0 | $140M | · | · | $0 | $300.0K | · | · | $0 | $0 | $0 | $250M | $144.0K | $0 | |
| Net Debt Issued | · | · | · | · | · | · | · | · | · | · | · | · | · | $250M | · | · | |
| Stock Issued | $44M | $14M | $33M | $10M | $19M | $16M | $32M | $18M | $18M | $0 | $25M | $29M | $30M | $30M | $44M | $32M | |
| Net Stock Activity | $44M | $14M | · | $10M | $19M | $16M | · | $18M | $18M | $115.0K | · | $29M | $30M | $30M | · | $32M | |
| Dividends Paid | $40M | $41M | $40M | $40M | $39M | $40M | $38M | $37M | $37M | $38M | $36M | $35M | $35M | $35M | $33M | $32M | |
| Financing Cash Flow | $71M | $-32M | $91M | $-10M | $97M | $-94M | $60M | $23M | $12M | $-95M | $115M | $4M | $-42M | $9M | $205M | $109M | |
| Net Change in Cash | $7M | $-1M | $-25M | $35M | $-8M | $-13M | $21M | $-6M | $3M | $-23M | $27M | $-7M | $5M | $-3M | $-1M | $-7M | |
| Free Cash Flow | · | $29M | · | · | · | $81M | · | · | · | $71M | · | · | · | $-6M | · | · |
Profitability
| 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 | 13.1% | 23.5% | · | 14.9% | 13.9% | 20.3% | · | 12.4% | 13.5% | 16.6% | · | 10.0% | 11.5% | 16.1% | · | 5.4% | |
| Net Margin | 8.5% | 16.1% | · | 7.2% | 3.4% | 12.8% | · | 4.7% | 5.7% | 11.7% | · | 3.9% | 4.6% | 11.6% | · | -1.6% | |
| Pretax Margin | 9.9% | 18.4% | · | 7.7% | 3.6% | 14.8% | · | 4.6% | 5.8% | 12.1% | · | 2.9% | 3.1% | 10.2% | · | -1.6% | |
| EBITDA Margin | 13.1% | 35.3% | · | 14.9% | 13.9% | 31.8% | · | 12.4% | 13.5% | 27.7% | · | 10.0% | 11.5% | 29.9% | · | 5.4% | |
| ROA | 0.42% | 1.1% | · | 0.36% | 0.18% | 1.0% | · | 0.24% | 0.30% | 0.95% | · | 0.20% | 0.24% | 0.76% | · | -0.08% | |
| ROE | 1.3% | 3.4% | · | 1.1% | 0.54% | 3.1% | · | 0.75% | 0.93% | 2.9% | · | 0.63% | 0.75% | 2.4% | · | -0.27% | |
| ROIC | 1.5% | 3.7% | · | 1.9% | 1.8% | 3.7% | · | 1.8% | 1.9% | 3.6% | · | 1.9% | 2.5% | 1.7% | · | 0.42% |
Liquidity & Solvency
| 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 | 1.1 | 0.9 | · | 0.9 | 1.0 | 0.9 | · | 0.7 | 0.9 | 1.0 | · | 0.9 | 1.0 | 1.1 | · | 0.7 | |
| Quick Ratio | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | |
| Debt / Equity | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 1.2 | · | 1.1 | |
| LT Debt / Equity | · | · | · | · | · | · | · | · | · | · | · | · | · | 1.1 | · | 1.0 |
Efficiency
| 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 | 0.0 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Receivables Turnover | 2.6 | 2.8 | · | 5.2 | 4.8 | 5.7 | · | · | · | · | · | · | · | · | · | · |
Per Share
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $33.68 | $33.59 | · | $32.51 | $32.61 | $32.88 | · | $31.93 | $32.11 | $32.24 | · | $31.15 | $31.37 | $31.48 | · | $30.29 | |
| Revenue / Share | $4.97 | $6.92 | · | $4.96 | $5.09 | $7.68 | · | $4.99 | $5.12 | $7.79 | · | $4.95 | $4.99 | $6.31 | · | $4.90 | |
| Cash Flow / Share | · | $2.17 | · | · | · | $2.29 | · | · | · | $2.43 | · | · | · | $1.25 | · | · | |
| Cash / Share | $0.30 | $0.22 | · | $0.54 | $0.11 | $0.21 | · | $0.12 | $0.19 | $0.16 | · | $0.11 | $0.21 | $0.14 | · | $0.19 | |
| Dividend Paid / Share | $0.49 | $0.49 | $0.49 | $0.49 | $0.49 | $0.49 | $0.47 | $0.47 | $0.47 | $0.47 | $0.46 | $0.46 | $0.46 | $0.46 | $0.44 | $0.44 | |
| EPS (TTM) | $2.77 | $2.51 | · | $2.37 | $2.24 | $2.36 | · | $2.52 | $2.48 | $2.42 | · | $2.20 | $1.93 | $1.86 | · | $1.79 |
Valuation (TTM)
| 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 | $1.92B | $1.92B | · | $1.96B | $1.96B | $1.95B | · | $1.92B | $1.91B | $1.89B | · | $1.74B | $1.72B | $1.72B | · | $1.63B | |
| Net Income TTM | $227M | $206M | · | $190M | $179M | $188M | · | $196M | $193M | $187M | · | $165M | $144M | $138M | · | $128M | |
| Market Cap | $3.43B | $3.32B | · | $3.08B | $3.08B | $3.37B | · | $3.07B | $2.72B | $2.74B | · | $2.50B | $3.01B | $3.22B | · | $2.73B | |
| Enterprise Value | $3.63B | $3.68B | · | $3.32B | $3.34B | $3.64B | · | $3.36B | $2.97B | $2.95B | · | $2.72B | $3.20B | $5.98B | · | $5.28B | |
| P/E | 14.8 | 16.0 | · | 16.0 | 16.9 | 17.7 | · | 15.4 | 14.0 | 14.5 | · | 14.7 | 20.3 | 22.8 | · | 20.7 | |
| P/S | 1.8 | 1.7 | · | 1.6 | 1.6 | 1.7 | · | 1.6 | 1.4 | 1.5 | · | 1.4 | 1.7 | 1.9 | · | 1.7 | |
| P/B | 1.2 | 1.2 | · | 1.2 | 1.2 | 1.3 | · | 1.2 | 1.1 | 1.1 | · | 1.0 | 1.3 | 1.3 | · | 1.2 | |
| P / Tangible Book | 1.2 | 1.2 | · | 1.2 | 1.2 | 1.3 | · | 1.2 | 1.1 | 1.1 | · | 1.1 | 1.3 | 1.4 | · | 1.3 | |
| P / Cash Flow | · | 18.5 | · | · | · | 18.3 | · | · | · | 14.4 | · | · | · | 34.1 | · | · | |
| EV / Revenue | 1.9 | 1.9 | · | 1.7 | 1.7 | 1.9 | · | 1.7 | 1.6 | 1.6 | · | 1.6 | 1.9 | 3.5 | · | 3.2 | |
| Dividend Yield | 4.7% | 4.8% | · | 5.1% | 5.0% | 4.5% | · | 4.8% | 5.4% | 5.3% | · | 5.5% | 4.5% | 4.1% | · | 4.6% | |
| Earnings Yield | 6.8% | 6.2% | · | 6.3% | 5.9% | 5.6% | · | 6.5% | 7.2% | 6.9% | · | 6.8% | 4.9% | 4.4% | · | 4.8% | |
| Payout Ratio | · | 44.6% | · | · | · | 50.6% | · | · | · | 52.9% | · | · | · | 63.9% | · | · | |
| Annual Payout | $161M | $160M | · | $157M | $154M | $152M | · | $148M | $146M | $144M | · | $138M | $135M | $132M | · | $126M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $1.96B | $1.94B | $1.75B | $1.71B | $1.44B |
| Operating Margin % | 18.0% | 15.8% | 14.7% | 11.1% | 15.9% |
| Net Income | $193M | $180M | $171M | $155M | $147M |
| Diluted EPS | $2.38 | $2.29 | $2.24 | $2.12 | $2.10 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.1 | 0.1 | 0.1 | 1.2 | 1.1 |
| Current Ratio | 0.8 | 0.9 | 0.9 | 0.7 | 0.5 |
| Quick Ratio | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $-101M | $1M | $-52M | $-328M | $-173M |
Institutional owners (13F) 447 filers · $3.4B total · As of Sept. 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 |
|---|---|---|---|---|
| 53 (-5 vs prior Q) | 33 (-5 vs prior Q) | 169 (+27 vs prior Q) | 117 (-3 vs prior Q) | +5.3M |
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 |
|---|---|---|---|---|
| BlackRock, Inc. | $605,448,096 | 14,799,513 | 17.68% | Shares |
| VANGUARD GROUP INC | $421,382,217 | 10,933,633 | 12.30% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $294,777,660 | 7,205,516 | 8.61% | Shares |
| STATE STREET CORP | $220,478,800 | 5,389,253 | 6.44% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $153,920,561 | 3,762,419 | 4.49% | Shares |
| ATLAS Infrastructure Partners (UK) Ltd. | $93,732,133 | 2,291,179 | 2.74% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $90,910,805 | 2,221,813 | 2.65% | Shares |
| WESTWOOD HOLDINGS GROUP INC | $81,056,005 | 1,981,325 | 2.37% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $62,729,841 | 1,533,324 | 1.83% | Shares |
| MORGAN STANLEY | $61,352,599 | 1,499,695 | 1.79% | Shares |
| Invesco Ltd. | $57,973,274 | 1,417,093 | 1.69% | Shares |
| TWO SIGMA INVESTMENTS, LP | $50,827,893 | 1,242,432 | 1.48% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $47,600,299 | 1,163,537 | 1.39% | Shares |
| FIRST TRUST ADVISORS LP | $38,934,127 | 951,702 | 1.14% | Shares |
| Bank of New York Mellon Corp | $37,918,505 | 926,876 | 1.11% | Shares |
| UBS Group AG | $36,849,396 | 900,743 | 1.08% | Shares |
| NORTHERN TRUST CORP | $36,215,128 | 885,239 | 1.06% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $35,828,937 | 875,799 | 1.05% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $34,890,830 | 852,868 | 1.02% | Shares |
| GOLDMAN SACHS GROUP INC | $31,819,763 | 777,799 | 0.93% | Shares |
| ALGERT GLOBAL LLC | $30,262,150 | 739,725 | 0.88% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $28,738,917 | 702,491 | 0.84% | Shares |
| GAMCO INVESTORS, INC. ET AL | $26,031,728 | 636,317 | 0.76% | Shares |
| Qube Research & Technologies Ltd | $25,044,734 | 612,191 | 0.73% | Shares |
| Nuveen, LLC | $24,201,579 | 591,581 | 0.71% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $22,396,589 | 547,460 | 0.65% | Shares |
| FMR LLC | $22,001,841 | 537,811 | 0.64% | Shares |
| D. E. Shaw & Co., Inc. | $21,145,642 | 516,882 | 0.62% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $20,617,780 | 503,979 | 0.60% | Shares |
| SEI INVESTMENTS CO | $20,397,493 | 498,596 | 0.60% | Shares |
| GABELLI FUNDS LLC | $20,137,620 | 492,242 | 0.59% | Shares |
| Legal & General Group Plc | $19,465,552 | 475,814 | 0.57% | Shares |
| Bridgewater Associates, LP | $19,308,947 | 471,986 | 0.56% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $18,398,904 | 449,741 | 0.54% | Shares |
| FRANKLIN RESOURCES INC | $16,464,966 | 402,468 | 0.48% | Shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $12,919,091 | 315,793 | 0.38% | Shares |
| AMERIPRISE FINANCIAL INC | $12,908,416 | 315,532 | 0.38% | Shares |
| BANK OF AMERICA CORP /DE/ | $12,535,166 | 306,408 | 0.37% | Shares |
| Sound Income Strategies, LLC | $12,325,900 | 301,293 | 0.36% | Shares |
| KENNEDY CAPITAL MANAGEMENT LLC | $11,978,612 | 292,804 | 0.35% | Shares |
| NUANCE INVESTMENTS, LLC | $11,824,232 | 289,030 | 0.35% | Shares |
| LOOMIS SAYLES & CO L P | $11,700,096 | 285,996 | 0.34% | Shares |
| Public Sector Pension Investment Board | $11,612,713 | 283,860 | 0.34% | Shares |
| Cubist Systematic Strategies, LLC | $11,565,605 | 305,888 | 0.34% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $11,373,652 | 278,016 | 0.33% | Shares |
| Advisors Asset Management, Inc. | $11,233,100 | 291,466 | 0.33% | Shares |
| CONGRESS ASSET MANAGEMENT CO | $11,186,808 | 273,449 | 0.33% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $10,910,697 | 266,700 | 0.32% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $10,828,509 | 264,691 | 0.32% | Shares |
| Brandywine Global Investment Management, LLC | $9,835,793 | 255,210 | 0.29% | Shares |
Company insiders 51 insiders · 24 officers · 23 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Heather Lynn Rosentrater | President & CEO | March 2, 2026 M | 78,132 | 0 | 0 | $0 |
| Gary G Ely | Chairman & CEO | Feb. 12, 2007 S | 143,624 | 0 | 0 | $0 |
| Kevin J Christie | SVP, CFO & Treasurer | March 2, 2026 M | 46,244 | 0 | 0 | $0 |
| Gregory Curtis Hesler | Sr V President/Corp Secretary | March 2, 2026 M | 24,970 | 0 | 0 | $0 |
| Joshua D Diluciano | Vice President | Sept. 2, 2026 S | 8,334 | 0 | 2 | $-174,105 |
| Jason R Thackston | Senior Vice President | May 14, 2026 G | 41,578 | 0 | 0 | $0 |
| Wayne O Manuel | Senior Vice President | May 7, 2026 S | 10,521 | 0 | 2 | $-134,432 |
| Alexis G. Alexander | Vice President | March 13, 2026 S | 3,930 | 0 | 2 | $-27,279 |
| Scott J Kinney | Vice President | March 2, 2026 M | 13,418 | 0 | 0 | $0 |
| Latisha Diane Hill | Vice President | March 2, 2026 M | 18,978 | 0 | 0 | $0 |
| Bryan Alden Cox | Senior Vice President | March 2, 2026 M | 9,441 | 0 | 1 | $-71,038 |
| Ryan L Krasselt | Vice President | March 2, 2026 M | 30,537 | 0 | 0 | $0 |
| James M Kensok | Vice President - Retired | Feb. 19, 2024 M | 14,135 | 0 | 0 | $0 |
| Mark T Thies | EVP - Retired | Feb. 19, 2024 M | 91,741 | 0 | 0 | $0 |
| Marian M Durkin | Senior Vice President | March 11, 2020 G | 73,079 | 0 | 0 | $0 |
| Karen S Feltes | Sr. Vice President | March 2, 2020 F | 26,281 | 0 | 0 | $0 |
| Kelly O Norwood | Vice President | March 14, 2017 S | 2,775 | 0 | 0 | $0 |
| Roger D Woodworth | Vice President | Feb. 4, 2016 A | 35,179 | 0 | 0 | $0 |
| Smith Christy M Burmeister | Vice President | Aug. 13, 2015 I | 0 | 0 | 0 | $0 |
| Don F Kopczynski | Vice President | March 4, 2015 S | 29,106 | 0 | 0 | $0 |
| Richard L Storro | Vice President | Jan. 2, 2013 F | 12,163 | 0 | 0 | $0 |
| Ann M Wilson | Vice President & Treasurer | Feb. 12, 2009 A | 7,353 | 0 | 0 | $0 |
| Malyn K Malquist | Executive Vice President | Jan. 14, 2009 S | 50,277 | 0 | 0 | $0 |
| Ronald R Peterson | Vice President | April 20, 2007 M | 603 | 0 | 0 | $0 |
| Julie A. Bentz | Director | Sept. 1, 2026 A | 16,852 | 0 | 0 | $0 |
| Sena M Kwawu | Director | Sept. 1, 2026 A | 18,459 | 0 | 0 | $0 |
| Jeffry L. Philipps | Director | Sept. 1, 2026 A | 20,977 | 0 | 0 | $0 |
| Kevin B Jacobsen | Director | Sept. 1, 2026 A | 15,917 | 0 | 0 | $0 |
| Janet D. Widmann | Director | Sept. 1, 2026 A | 22,828 | 0 | 1 | $-285,862 |
| Rebecca A Klein | Director | Sept. 1, 2026 A | 31,272 | 0 | 0 | $0 |
| Scott Harlan Maw | Director | Sept. 1, 2026 A | 33,429 | 0 | 0 | $0 |
| Heidi B Stanley | Director | Sept. 1, 2026 A | 31,327 | 0 | 0 | $0 |
| Scott L Morris | Director | Sept. 1, 2026 A | 109,378 | 0 | 0 | $0 |
| Donald C Burke | Director | Sept. 1, 2026 A | 36,086 | 0 | 0 | $0 |
| Kristianne Blake | Director | May 23, 2023 J | 0 | 0 | 0 | $0 |
| Marc F Racicot | Director | May 14, 2020 A | 22,455 | 0 | 0 | $0 |
| Erik J Anderson | Director | March 13, 2019 A | 22,246 | 0 | 0 | $0 |
| John F Kelly | Director | Sept. 2, 2016 A | 24,509 | 0 | 0 | $0 |
| Rick R Holley | Director | May 13, 2013 A | 6,685 | 0 | 0 | $0 |
| Michael L Noel | Director | June 5, 2012 S | 11,914 | 0 | 0 | $0 |
| Roy Lewis Eiguren | Director | March 8, 2011 S | 6,084 | 0 | 0 | $0 |
| Brian W Dunham | Director | Sept. 2, 2010 A | 7,088 | 0 | 0 | $0 |
| Jack W Gustavel | Director | May 17, 2010 P | 35,650 | 0 | 0 | $0 |
| Lura J Powell | Director | May 5, 2008 A | 11,122 | 0 | 0 | $0 |
| Jr Jessie J Knight | Director | May 16, 2005 A | 16,257 | 0 | 0 | $0 |
| David A Clack | Director | May 14, 2004 A | 14,320 | 0 | 0 | $0 |
| David J Meyer | · | June 15, 2026 J | 3,662 | 0 | 0 | $0 |
| Dennis P Vermillion | · | March 10, 2025 F | 163,871 | 0 | 0 | $0 |
| Edward David Schlect | · | Jan. 3, 2023 F | 16,037 | 0 | 0 | $0 |
| John R Taylor | · | June 23, 2021 J | 0 | 0 | 0 | $0 |
| Diane C Thoren | · | Jan. 2, 2013 F | 4,183 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 63 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 |
|---|---|---|---|---|
| PSCU · Invesco Exchange-Traded Fund Trust … | 3.07% | 12,530 SH | Oct. 2, 2026 | Daily |
| PEY · Invesco Exchange-Traded Fund Trust | 2.39% | 732,110 SH | Oct. 2, 2026 | Daily |
| DIV · Global X Funds | 1.86% | 359,564 NS | July 31, 2026 | N-PORT |
| XSHD · Invesco Exchange-Traded Fund Trust … | 1.63% | 29,269 SH | Oct. 2, 2026 | Daily |
| XSLV · Invesco Exchange-Traded Fund Trust … | 1.05% | 69,444 SH | Oct. 2, 2026 | Daily |
| HSMV · First Trust Exchange-Traded Fund III | 0.93% | 8,057 NS | July 31, 2026 | N-PORT |
| XSVM · Invesco Exchange-Traded Fund Trust | 0.61% | 101,631 SH | Oct. 2, 2026 | Daily |
| FYT · First Trust Exchange-Traded AlphaDE… | 0.61% | 29,211 NS | July 31, 2026 | N-PORT |
| ROSC · Lattice Strategies Trust | 0.40% | 6,144 NS | July 31, 2026 | N-PORT |
| ZAP · Global X Funds | 0.34% | 39,220 NS | July 31, 2026 | N-PORT |
| FYX · First Trust Exchange-Traded AlphaDE… | 0.31% | 106,616 NS | July 31, 2026 | N-PORT |
| JPSE · J.P. Morgan Exchange-Traded Fund Tr… | 0.28% | 41,496 NS | July 31, 2026 | N-PORT |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.22% | 73,349 SH | Aug. 19, 2026 | Daily |
| FUTY · FIDELITY COVINGTON TRUST | 0.22% | 124,680 NS | July 31, 2026 | N-PORT |
| VPU · VANGUARD WORLD FUND | 0.21% | 565,059 SH | Aug. 19, 2026 | Daily |
| EBIT · Harbor ETF Trust | 0.19% | 569 NS | July 31, 2026 | N-PORT |
| VIOV · VANGUARD ADMIRAL FUNDS | 0.19% | 92,937 SH | Aug. 19, 2026 | Daily |
| QVMS · Invesco Exchange-Traded Fund Trust … | 0.18% | 12,391 SH | Oct. 2, 2026 | Daily |
| VIOO · VANGUARD ADMIRAL FUNDS | 0.18% | 288,920 SH | Aug. 19, 2026 | Daily |
| VIOG · VANGUARD ADMIRAL FUNDS | 0.17% | 46,231 SH | Aug. 19, 2026 | Daily |
| BKSE · BNY Mellon ETF Trust | 0.15% | 3,184 NS | July 31, 2026 | N-PORT |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.13% | 22,457 NS | July 31, 2026 | N-PORT |
| POWR · iShares, Inc. | 0.12% | 15,122 SH | Sept. 11, 2026 | Daily |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.12% | 5,052 NS | July 31, 2026 | N-PORT |
| RWJ · Invesco Exchange-Traded Fund Trust … | 0.12% | 65,095 SH | Oct. 2, 2026 | Daily |
| FSMD · FIDELITY COVINGTON TRUST | 0.12% | 71,595 NS | July 31, 2026 | N-PORT |
| RSSL · Global X Funds | 0.11% | 40,202 NS | July 31, 2026 | N-PORT |
| IWM · iShares Trust | 0.10% | 2,164,563 SH | Sept. 11, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.10% | 483,586 SH | Aug. 19, 2026 | Daily |
| SMDX · Tidal Trust III | 0.09% | 2,958 NS | July 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.07% | 271,819 NS | July 31, 2026 | N-PORT |
| VBR · VANGUARD INDEX FUNDS | 0.07% | 1,203,696 SH | Aug. 19, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.04% | 946,395 SH | Aug. 19, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.04% | 1,893,844 SH | Aug. 19, 2026 | Daily |
| TILT · FlexShares Trust | 0.03% | 14,536 NS | July 31, 2026 | N-PORT |
| WSML · iShares Trust | 0.03% | 4,825 SH | Sept. 11, 2026 | Daily |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.02% | 1,365 SH | Oct. 2, 2026 | Daily |
| PFM · Invesco Exchange-Traded Fund Trust | 0.01% | 2,353 SH | Oct. 1, 2026 | Daily |
| PRF · Invesco Exchange-Traded Fund Trust | 0.01% | 29,827 SH | Oct. 1, 2026 | Daily |
| VYM · VANGUARD WHITEHALL FUNDS | 0.01% | 332,262 SH | Aug. 19, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.01% | 98,688 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.01% | 4,980 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.01% | 17,719 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.01% | 27,302 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.00% | 115,881 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.00% | 22,375 SH | Sept. 3, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 2,624,564 SH | Aug. 19, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.00% | 107,284 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 6,894 SH | Aug. 19, 2026 | Daily |
| BLV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCLT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| IJR · iShares Trust | · | 5,043,657 SH | Sept. 10, 2026 | Daily |
| IJT · iShares Trust | · | 367,786 SH | Sept. 9, 2026 | Daily |
| IJS · iShares Trust | · | 392,393 SH | Sept. 8, 2026 | Daily |
| IWN · iShares Trust | · | 792,862 SH | Sept. 11, 2026 | Daily |
| IFRA · iShares Trust | · | 99,769 SH | Sept. 11, 2026 | Daily |
| XJR · iShares Trust | · | 11,397 SH | Aug. 31, 2026 | Daily |
| ISCB · iShares Trust | · | 3,739 SH | Sept. 11, 2026 | Daily |
| ISCV · iShares Trust | · | 18,309 SH | Sept. 11, 2026 | Daily |
| SMMV · iShares Trust | · | 15,958 SH | Aug. 19, 2026 | Daily |
AVA Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
6 analysts · 2026-10-02Mean target $41.33 +17.1%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| AVA | $3.17B | 16.2 | 1.3% | 9.8% | 7.3% | · |
| CMS | $21.43B | 19.8 | 13.6% | 12.5% | 12.3% | · |
| NI | $19.98B | 21.4 | 23.5% | 14.2% | 10.2% | · |
| BKH | $5.24B | 17.4 | 8.6% | 12.6% | 8.0% | · |
| NWE | $3.96B | 22.0 | 6.4% | 11.2% | 6.3% | · |
| NWE | $3.96B | 22.0 | 6.4% | 11.2% | 6.3% | · |
| UTL | $868M | 16.3 | 8.3% | 9.4% | 8.9% | · |
| D | $51.50B | 17.0 | 14.2% | 18.2% | 10.7% | · |
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