Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise2.3%
Next ReportOct 26, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Jul 27, 2026
$1.47
$1.48
-0.36%
March 31, 2026
$1.30
$1.34
-3.3%
Dec. 31, 2025
$1.39
$1.28
8.8%
Sept. 30, 2025
$1.20
$1.19
1.2%
June 30, 2025
$1.06
$1.06
-0.24%
March 31, 2025
$0.97
$0.90
7.8%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement11
Metric
Trend
2025
2024
2023
2022
Revenue
$122M
$122M
$116M
$113M
Interest Expense
·
·
$313M
$57M
Interest Income
$888M
$864M
$810M
$597M
Pretax Income
$262M
$198M
$227M
$291M
Income Tax
$56M
$48M
$56M
$65M
Net Income
$206M
$150M
$171M
$226M
EPS (Basic)
$4.67
$3.48
$4.16
$5.50
EPS (Diluted)
$4.63
$3.46
$4.14
$5.48
Shares (Basic)
39,618,830
39,450,737
39,274,291
39,601,089
Shares (Diluted)
39,934,431
39,700,388
39,428,912
39,788,002
EBITDA
$19M
$20M
$21M
·
Balance Sheet16
Metric
Trend
2025
2024
2023
2022
Cash & Equivalents
$947M
$764M
$1.00B
$402M
PP&E (Net)
$200M
$184M
$195M
$207M
PP&E (Gross)
$559M
$527M
$527M
$529M
Accum. Depreciation
$359M
$343M
$332M
$323M
Goodwill
$32M
$32M
$32M
$32M
Total Assets
$24.18B
$23.60B
$23.73B
$23.61B
Total Liabilities
$22.33B
$21.93B
$22.32B
$22.29B
Long-term Debt
$550M
$550M
$550M
·
Common Stock
$587.0K
$585.0K
$583.0K
$582.0K
Paid-in Capital
$665M
$647M
$636M
·
Retained Earnings
$2.21B
$2.13B
$2.11B
$2.06B
Treasury Stock
$1.12B
$1.12B
$1.11B
$1.11B
AOCI
$-244M
$-343M
$-397M
$-435M
Stockholders' Equity
$1.85B
$1.67B
$1.41B
$1.32B
Liabilities + Equity
$24.18B
$23.60B
$23.73B
$23.61B
Shares Outstanding
39,725,698
39,762,255
39,753,138
39,835,750
Cash Flow18
Metric
Trend
2025
2024
2023
2022
D&A
$19M
$20M
$21M
$21M
Stock-based Comp
$16M
$14M
$16M
$16M
Deferred Tax
$3M
$-12M
$-11M
$-3M
Other Non-cash
$-25M
$6M
$-47M
·
Operating Cash Flow
$218M
$171M
$139M
$333M
CapEx
$34M
$10M
$9M
$29M
Investing Cash Flow
$-403M
$28M
$574M
$-1.25B
Debt Issued
$0
$0
$1.35B
$400M
Net Debt Issued
$0
$-105.0K
$150M
·
Stock Issued
$5M
$5M
$6M
$7M
Stock Repurchased
$5M
$0
$10M
$55M
Net Stock Activity
$146.0K
$136.0K
$-8M
·
Dividends Paid
$113M
$112M
$112M
$113M
Financing Cash Flow
$368M
$-437M
$-114M
$762M
Net Change in Cash
$183M
$-237M
$599M
$-159M
Taxes Paid
$25M
$31M
$52M
·
Free Cash Flow
$184M
$169M
$141M
·
Levered FCF
·
·
$-95M
·
Profitability5
Metric
Trend
2025
2024
2023
2022
Net Margin
168.9%
122.8%
25.4%
·
Pretax Margin
214.9%
162.1%
33.7%
·
EBITDA Margin
15.4%
16.5%
3.2%
·
ROA
0.86%
0.63%
0.72%
·
ROE
11.5%
9.0%
12.3%
·
Efficiency1
Metric
Trend
2025
2024
2023
2022
Asset Turnover
0.0
0.0
0.0
·
Per Share6
Metric
Trend
2025
2024
2023
2022
Book Value / Share
$46.60
$41.94
$35.58
·
Revenue / Share
$3.05
$3.08
$17.08
·
Cash Flow / Share
$5.47
$4.49
$3.81
·
Cash / Share
$23.83
$19.20
$25.18
·
Dividend / Share
$2.80
$2.80
$2.80
$2.80
EPS (TTM)
$4.63
$3.46
$4.14
$5.48
Growth Rates9
Metric
Trend
2025
2024
2023
2022
Revenue YoY
-0.14%
5.2%
3.0%
·
Revenue CAGR 3Y
2.7%
·
·
·
EPS YoY
33.8%
-16.4%
-24.4%
-12.3%
EPS CAGR 3Y
-5.5%
-17.9%
2.4%
·
EPS CAGR 5Y
3.7%
·
·
·
Net Income YoY
37.3%
-12.4%
-24.2%
-10.9%
Net Income CAGR 3Y
-3.0%
-16.0%
3.6%
·
Net Income CAGR 5Y
6.0%
·
·
·
Dividends Paid CAGR 5Y
1.0%
·
·
·
Valuation (TTM)13
Metric
Trend
2025
2024
2023
2022
Revenue TTM
$122M
$122M
$116M
$113M
Net Income TTM
$206M
$150M
$171M
$226M
Market Cap
$2.72B
$2.83B
$2.88B
·
P/E
14.8
20.6
17.5
14.2
P/S
22.3
23.2
24.8
·
P/B
1.5
1.7
2.0
·
P / Tangible Book
1.5
1.7
2.1
2.4
P / Cash Flow
12.4
15.9
19.2
·
P / FCF
14.7
16.8
20.5
·
Dividend Yield
4.2%
4.0%
3.9%
·
Earnings Yield
6.8%
4.9%
5.7%
7.1%
Payout Ratio
54.9%
74.9%
65.3%
·
Annual Payout
$113M
$112M
$112M
$113M
Income Statement9
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
Interest Expense
·
·
·
·
·
·
·
·
$99M
$96M
·
$91M
$75M
$52M
·
$13M
Interest Income
$226M
$222M
$227M
$228M
$219M
$214M
$219M
$221M
$214M
$210M
$210M
$212M
$200M
$188M
$172M
$155M
Pretax Income
$82M
$75M
$78M
$68M
$60M
$56M
$52M
$53M
$45M
$48M
$40M
$64M
$61M
$63M
$79M
$67M
Income Tax
$18M
$17M
$17M
$14M
$13M
$12M
$12M
$12M
$11M
$12M
$9M
$16M
$15M
$16M
$18M
$14M
Net Income
$64M
$57M
$61M
$53M
$48M
$44M
$39M
$40M
$34M
$36M
$30M
$48M
$46M
$47M
$61M
$53M
EPS (Basic)
$1.48
$1.32
$1.41
$1.21
$1.07
$0.98
$0.86
$0.94
$0.81
$0.87
$0.73
$1.17
$1.12
$1.14
$1.51
$1.28
EPS (Diluted)
$1.47
$1.30
$1.40
$1.20
$1.06
$0.97
$0.85
$0.93
$0.81
$0.87
$0.71
$1.17
$1.12
$1.14
$1.50
$1.28
Shares (Basic)
39,513,447
39,568,000
·
39,655,741
39,622,998
39,554,834
·
39,488,187
39,450,551
39,350,390
·
39,274,626
39,241,559
39,276,833
·
39,567,047
Shares (Diluted)
39,734,782
39,981,356
·
39,980,931
39,895,093
39,876,406
·
39,736,492
39,618,705
39,626,463
·
39,420,531
39,317,521
39,465,889
·
39,758,209
Balance Sheet16
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
·
·
$947M
·
·
$935M
$764M
$1.27B
$925M
$892M
·
$652M
$1.67B
$612M
·
$656M
PP&E (Net)
$223M
$216M
$200M
$196M
$192M
$188M
$184M
$192M
$192M
$192M
·
$196M
$200M
$203M
·
$208M
PP&E (Gross)
·
·
$559M
·
·
·
$527M
·
·
·
·
·
·
·
·
·
Accum. Depreciation
·
·
$359M
·
·
·
$343M
·
·
·
·
·
·
·
·
·
Goodwill
$32M
$32M
$32M
$32M
$32M
$32M
$32M
$32M
$32M
$32M
·
$32M
$32M
$32M
·
$32M
Total Assets
$23.84B
$23.91B
$24.18B
$24.01B
$23.71B
$23.89B
$23.60B
$23.80B
$23.30B
$23.42B
$23.73B
$23.55B
$24.95B
$23.93B
$23.61B
$23.13B
Total Liabilities
$21.97B
$22.06B
$22.33B
$22.22B
$21.97B
$22.18B
$21.93B
$22.13B
$21.69B
$21.98B
·
$22.19B
$23.59B
$22.58B
·
$21.85B
Long-term Debt
·
·
$550M
·
·
·
·
·
·
·
·
·
·
·
·
·
Common Stock
$590.0K
$590.0K
$587.0K
$587.0K
$587.0K
$586.0K
$585.0K
$585.0K
$585.0K
$584.0K
·
$583.0K
$583.0K
$583.0K
·
$582.0K
Paid-in Capital
·
·
$665M
·
·
$651M
$647M
·
·
·
·
·
·
·
·
·
Retained Earnings
$2.26B
$2.23B
$2.21B
$2.18B
$2.16B
$2.14B
$2.13B
$2.13B
$2.12B
$2.11B
·
$2.11B
$2.09B
$2.07B
·
$2.02B
Treasury Stock
$1.16B
$1.15B
$1.12B
$1.12B
$1.12B
$1.12B
$1.12B
$1.12B
$1.12B
$1.12B
·
$1.12B
$1.12B
$1.12B
·
$1.09B
AOCI
$-243M
$-247M
$-244M
$-276M
$-299M
$-318M
$-343M
$-335M
$-374M
$-384M
·
$-442M
$-423M
$-405M
·
$-448M
Stockholders' Equity
$1.88B
$1.85B
$1.85B
$1.79B
$1.74B
$1.70B
$1.67B
$1.67B
$1.61B
$1.44B
$1.41B
$1.36B
$1.36B
$1.35B
$1.32B
$1.28B
Liabilities + Equity
$23.84B
$23.91B
$24.18B
$24.01B
$23.71B
$23.89B
$23.60B
$23.80B
$23.30B
$23.42B
·
$23.55B
$24.95B
$23.93B
·
$23.13B
Shares Outstanding
39,439,677
39,620,563
39,725,698
39,785,201
39,765,375
39,734,304
39,762,255
39,748,304
39,729,941
39,720,724
·
39,748,700
39,725,348
39,646,506
·
40,011,473
Cash Flow16
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
$9M
$5M
$5M
$5M
$5M
$5M
$5M
$5M
$5M
$5M
$5M
$5M
$6M
$6M
$5M
$5M
Stock-based Comp
$3M
$7M
$5M
$4M
$4M
$4M
$3M
$4M
$3M
$4M
$4M
$4M
$4M
$3M
$4M
$4M
Deferred Tax
·
·
·
·
·
·
$-5M
$-3M
$-7M
$2M
$-9M
$-1M
$-6M
$6M
$4M
$-8M
Operating Cash Flow
$97M
$39M
$80M
$38M
$82M
$18M
$90M
$-23M
$44M
$55M
$14M
$144M
$12M
$-31M
$64M
$111M
CapEx
$13M
$21M
$8M
$9M
$9M
$8M
$-3M
$5M
$5M
$3M
$4M
$490.0K
$3M
$2M
$4M
$12M
Investing Cash Flow
$95M
$-271M
$-189M
$-71M
$-6M
$-136M
$-221M
$-169M
$177M
$246M
$111M
$345M
$136M
$-17M
$-701M
$-113M
Debt Issued
·
·
·
·
·
·
·
·
·
·
$0
$0
$1.25B
$100M
·
·
Net Debt Issued
·
$-26.0K
·
·
·
$-50M
·
·
·
$-27.0K
·
·
·
$100M
·
·
Stock Issued
$1M
$1M
$1M
$1M
$1M
$1M
$1M
$1M
$1M
$1M
$1M
$1M
$2M
$1M
$1M
$1M
Stock Repurchased
$17M
$15M
$1M
$135.0K
$286.0K
$0
$-5M
$146.0K
$2M
$3M
$-4M
$125.0K
$138.0K
$14M
$16M
$15M
Net Stock Activity
·
$-14M
·
·
·
$-2M
·
·
·
$-2M
·
·
·
$-12M
·
·
Dividends Paid
$28M
$28M
$28M
$28M
$28M
$28M
$28M
$28M
$28M
$28M
$28M
$28M
$28M
$28M
$28M
$28M
Financing Cash Flow
$-164M
$-289M
$71M
$249M
$-242M
$290M
$-378M
$539M
$-188M
$-410M
$224M
$-1.51B
$914M
$258M
$383M
$-181M
Net Change in Cash
$28M
$-521M
$-39M
$217M
$-167M
$172M
$-509M
$347M
$34M
$-109M
$349M
$-1.02B
$1.06B
$210M
$-254M
$-184M
Free Cash Flow
·
$18M
·
·
·
$10M
·
·
·
$54M
·
·
·
$-33M
·
·
Levered FCF
·
·
·
·
·
·
·
·
·
$-19M
·
·
·
$-72M
·
·
Profitability4
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
Net Margin
32.4%
29.9%
·
29.2%
27.3%
25.9%
·
24.8%
21.7%
23.3%
·
28.0%
27.5%
26.5%
·
30.6%
Pretax Margin
41.7%
38.7%
·
37.1%
34.6%
33.1%
·
32.4%
28.9%
31.0%
·
37.2%
36.4%
35.5%
·
38.6%
ROA
0.27%
0.24%
·
0.22%
0.20%
0.19%
·
0.17%
0.14%
0.15%
·
0.21%
0.19%
0.20%
·
0.23%
ROE
3.5%
3.2%
·
3.1%
2.8%
2.8%
·
2.7%
2.3%
2.6%
·
3.6%
3.4%
3.3%
·
3.7%
Efficiency1
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
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.0
Per Share6
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
$47.55
$46.81
·
$45.02
$43.83
$42.91
·
$41.90
$40.60
$36.15
·
$34.31
$34.19
$34.16
·
$32.05
Revenue / Share
$4.96
$4.81
·
$4.57
$4.37
$4.26
·
$4.10
$3.96
$3.94
·
$4.34
$4.26
$4.48
·
$4.33
Cash Flow / Share
·
$0.98
·
·
·
$0.46
·
·
·
$1.43
·
·
·
$-0.78
·
·
Cash / Share
·
·
·
·
·
$23.54
·
$32.02
$23.29
$22.44
·
$16.41
$42.13
$15.44
·
$16.39
Dividend / Share
$0.70
$0.70
$0.70
$0.70
$0.70
$0.70
$0.70
$0.70
$0.70
$0.70
$0.70
$0.70
$0.70
$0.70
$0.70
$0.70
EPS (TTM)
$5.37
$4.96
·
$4.08
$3.81
$3.56
·
$3.32
$3.56
$3.87
·
$4.93
$5.04
$5.30
·
$5.53
Valuation (TTM)10
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
Net Income TTM
$236M
$219M
·
$184M
$171M
$158M
·
$141M
$149M
$161M
·
$202M
$207M
$218M
·
$228M
Market Cap
$3.21B
$2.94B
·
$2.61B
$2.69B
$2.74B
·
$2.50B
$2.27B
$2.48B
·
$1.98B
$1.64B
$2.06B
·
$3.05B
P/E
15.2
15.0
·
16.1
17.7
19.4
·
18.9
16.1
16.1
·
10.1
8.2
9.8
·
13.8
P/B
1.7
1.6
·
1.5
1.5
1.6
·
1.5
1.4
1.7
·
1.4
1.2
1.5
·
2.4
P / Tangible Book
1.7
1.6
·
1.5
1.6
1.6
·
1.5
1.4
1.8
·
1.5
1.2
1.6
·
2.4
P / Cash Flow
·
75.4
·
·
·
149.4
·
·
·
43.6
·
·
·
-66.7
·
·
Dividend Yield
3.5%
3.8%
·
4.3%
4.2%
4.1%
·
4.5%
4.9%
4.5%
·
5.7%
6.8%
5.4%
·
3.7%
Earnings Yield
6.6%
6.7%
·
6.2%
5.6%
5.2%
·
5.3%
6.2%
6.2%
·
9.9%
12.2%
10.2%
·
7.3%
Payout Ratio
·
49.3%
·
·
·
64.2%
·
·
·
77.1%
·
·
·
59.7%
·
·
Annual Payout
$113M
$113M
·
$113M
$113M
$112M
·
$112M
$112M
$112M
·
$112M
$112M
$112M
·
$113M
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2025-06-30
2025-03-31
2024-12-31
2024-09-30
Revenue
$122M
·
·
$122M
·
Net Income
$206M
·
·
$150M
·
Diluted EPS
$4.63
·
·
$3.46
·
No data for this statement
Not enough fundamentals data to build this statement yet.
Metric
2025-12-31
2025-06-30
2025-03-31
2024-12-31
2024-09-30
Free Cash Flow
$184M
·
·
$169M
·
Institutional owners (13F)
367 filers
· $3.0B total
· As of Sept. 30, 2026
17
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.
Holders367
Value held$3.0B
New positions52
Exited positions34
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
52 (-15 vs prior Q)
34 (+2 vs prior Q)
110 (-4 vs prior Q)
107 (+17 vs prior Q)
+1.1M
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders
53 insiders
· 27 officers · 23 directors