CBT Cabot Corporation Common Stock
About Cabot Corporation Common Stock Company overview from Wikipedia
Cabot Corporation is an American specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company operates in over 20 countries with 36 manufacturing plants, eight research and development facilities, and 28 sales offices.
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Cabot Corporation is an American specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company operates in over 20 countries with 36 manufacturing plants, eight research and development facilities, and 28 sales offices.
History
Cabot Corporation was founded by Godfrey Lowell Cabot in 1882 when he applied for a patent for a "carbon black making apparatus". The company incorporated in the state of Delaware in 1960.In 1993, a team of Cabot researchers developed a process for modifying the surface of carbon, allowing chemists and researchers to prepare surface modified carbon black products with properties never before associated with carbon materials. This breakthrough led to the development of new technologies and products including aqueous inkjet colorants, for printer ink the basis of Cabot's Inkjet Colorants business unit, which was founded in 1996.
In 2003, Cabot developed a commercialized process that allows continuous production of aerogels under ambient conditions, which was the start of the company’s Aerogel business. In 2009, Cabot completed construction of and began operating two additional rubber black production plants at its carbon black plant in Tianjin, China, increasing capacity to 150,000 metric tons. In July 2012, Cabot purchased Norit NV, the largest producer of activated carbon, for US$1.1 billion.
Cabot sold its Supermetals business, which produced tantalum, niobium and related alloys, in 2011 to Global Advanced Metals Pty Ltd.
Safety, health and environmental
Safety record
The company has reduced total recordable injuries by over 25% in the last five years. However, the company experienced two fatalities in 2011. The severity of incidents has caused the company to look at all aspects of workplace safety.
Environmental record
Sam Bodman, CEO of Cabot during the coltan boom, was appointed in December 2004 to serve as President Bush’s Secretary of Energy. Under Bodman’s leadership from 1987 to 2000, according to Jason Leopold, Cabot was one of the U.S.’s largest polluters, accounting for 60,000 tons of airborne toxic emissions annually.
Cabot reduced its Environmental Non-Conformance events (ENCs), from a high of over 80 incidents in 2008, to 17 in FY 2012. The company defines an environmental non-conformance event as a reportable spill or release, a Notice of Violation, a public complaint or certain permit deviations.
The company invested over $35 million in FY 2011 on environmentally-related capital projects to improve efficiency and maintain regulatory compliance. The company’s goal is a 20% reduction in greenhouse gas emission intensity by 2020, using 2005 as the baseline year. One example of greenhouse gas reduction is a heat recovery advancement project to convert exhaust heat to steam at the company’s fumed metal oxides plant in Rheinfelden, Germany. The steam produced is used in the plant if needed or sold to a neighboring company. The project has the potential to reduce GHG emissions by 1,400 MTs each year.
Responsible care
In 2010 Cabot joined the American Chemistry Council, and as such is obliged to implement the Council’s Responsible Care program as part of a global initiative. Cabot is implementing RC 14001, which incorporates the requirements of both the ACC Responsible Care and the ISO 14001 Management Systems, for all its manufacturing facilities, beginning with those in North America.
Sustainability
Cabot’s 2010/2011 sustainability report, titled "Sustainability Matters: Cabot Corporation’s 2010/2011 Sustainability Report", met all the informational requirements to receive an Application Level C certification from the Global Reporting Initiatives. Cabot’s adherence to GRI reporting standards affirms its commitment to more transparent and thorough reporting.
Awards
In 2012, Cabot Corporation was selected as a Bronze Winner for the Ninth Annual Team Massachusetts Economic Impact Awards. They were also selected as one of CR Magazine’s 100 Best Corporate Citizens for 2012.
The American Chemistry Council honored Cabot with the Responsible Care Performance Award in April 2012 for helping the ACC meet industry-wide safety and product stewardship targets. In April 2012, Cabot ranked forty-fourth among the top 100 leading companies that demonstrated superior management, mitigation and adaptation in the field of climate innovation. Cabot was awarded a 2012 Leadership Award for the Massachusetts Excellence in Commuter Options Awards.
Board of directors
Cabot Corporation’s Board of Directors is chaired by non-executive John F. O'Brien, retired President and
Chief Executive Officer Allmerica Financial Corp.
Cabot Foundation
In 1953, the non-profit Cabot Corporation Foundation, Inc. was established, and the Foundation's charter was amended in 1992 to permit grants to qualified charitable organizations outside of the United States. Cabot has offered aid to earthquake victims in Japan, and the Outward Bound organization.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
CBT Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
CBT 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 |
|---|---|
| May 29, 2026 | $0.4730 |
| Feb. 27, 2026 | $0.4500 |
| Nov. 28, 2025 | $0.4500 |
| Aug. 29, 2025 | $0.4500 |
| May 30, 2025 | $0.4500 |
| Feb. 28, 2025 | $0.4300 |
| Nov. 29, 2024 | $0.4300 |
| Aug. 30, 2024 | $0.4300 |
| May 31, 2024 | $0.4300 |
| Feb. 22, 2024 | $0.4000 |
| Nov. 22, 2023 | $0.4000 |
| Aug. 24, 2023 | $0.4000 |
| May 25, 2023 | $0.4000 |
| Feb. 23, 2023 | $0.3700 |
| Nov. 23, 2022 | $0.3700 |
| Aug. 25, 2022 | $0.3700 |
| May 26, 2022 | $0.3700 |
| Feb. 24, 2022 | $0.3700 |
| Nov. 24, 2021 | $0.3700 |
| Aug. 26, 2021 | $0.3500 |
CBT Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 2 18.2%
- Buy 3 27.3%
- Hold 5 45.5%
- Sell 1 9.1%
- Strong Sell 0 0.0%
12-Month Price Target
6 analysts · 2026-08-14Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $1.67 | $1.68 | -0.01% |
| March 31, 2026 | $1.61 | $1.47 | 0.14% |
| Dec. 31, 2025 | $1.53 | $1.42 | 0.11% |
| Sept. 30, 2025 | $1.70 | $1.70 | 0.00% |
| June 30, 2025 | $1.90 | $1.84 | 0.06% |
| March 31, 2025 | $1.90 | $1.87 | 0.03% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| CBT | $4.02B | 12.6 | -7.0% | 8.9% | 22.2% | 25.3% |
| DOW | — | -6.3 | -7.0% | -6.1% | -14.9% | — |
| WLK | — | -6.3 | -8.0% | -13.5% | -15.6% | 7.3% |
| HWKN | $3.16B | 38.9 | 11.2% | 7.5% | 15.7% | 22.6% |
| OLN | $2.37B | -23.7 | 3.7% | -1.5% | -5.2% | 7.4% |
| PCT | — | — | — | — | — | — |
| KRO | $508M | -4.6 | -1.5% | -6.0% | -13.9% | 11.5% |
| TROX | $661M | -1.4 | -5.7% | -16.2% | -29.6% | 9.3% |
| KOP | $527M | 9.9 | -10.2% | 3.0% | 10.5% | — |
| WLKP | — | — | 2.7% | 4.2% | — | 29.8% |
| MATV | $664M | -2.0 | 0.30% | -17.0% | -73.7% | 18.3% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.71B | $3.99B | $3.93B | $4.32B | $3.41B | $2.61B | $3.34B | $3.24B | $2.72B | $2.41B | $2.87B | $3.65B | |
| Cost of Revenue | $2.77B | $3.03B | $3.09B | $3.44B | $2.61B | $2.11B | $2.65B | $2.47B | $2.06B | $1.84B | $2.29B | $2.93B | |
| Gross Profit | $940M | $960M | $839M | $885M | $799M | $500M | $685M | $772M | $657M | $575M | $585M | $721M | |
| R&D Expense | $59M | $63M | $57M | $55M | $56M | $57M | $60M | $66M | $57M | $53M | $58M | $60M | |
| SG&A Expense | $260M | $283M | $253M | $258M | $289M | $292M | $290M | $308M | $262M | $275M | $282M | $326M | |
| Operating Income | $621M | $614M | $526M | $389M | $454M | $21M | $306M | $144M | $338M | $247M | $-317M | $335M | |
| Interest Expense | $76M | $81M | $90M | $56M | $49M | $53M | $59M | $54M | $53M | $54M | $53M | $55M | |
| Other Non-op | $-7M | $-36M | $-16M | $-9M | $-7M | $-9M | $-1M | $17M | $5M | $-7M | $-11M | $25M | |
| Pretax Income | $565M | $529M | $451M | $335M | $406M | $-33M | $255M | $117M | $299M | $191M | $-377M | $308M | |
| Income Tax | $196M | $111M | $-28M | $102M | $123M | $191M | $70M | $193M | $33M | $33M | $-45M | $92M | |
| Net Income | $331M | $380M | $445M | $209M | $250M | $-238M | $157M | $-113M | $248M | $147M | $-334M | $199M | |
| EPS (Basic) | $6.07 | $6.79 | $7.79 | $3.65 | $4.35 | $-4.21 | $2.64 | $-1.85 | $3.94 | $2.34 | $-5.27 | $3.06 | |
| EPS (Diluted) | $6.02 | $6.72 | $7.73 | $3.62 | $4.34 | $-4.21 | $2.63 | $-1.85 | $3.91 | $2.32 | $-5.27 | $3.03 | |
| Shares (Basic) | 53,700,000 | 55,100,000 | 56,100,000 | 56,500,000 | 56,700,000 | 56,600,000 | 58,700,000 | 61,700,000 | 62,300,000 | 62,400,000 | 63,400,000 | 64,400,000 | |
| Shares (Diluted) | 54,200,000 | 55,700,000 | 56,500,000 | 56,900,000 | 56,800,000 | 56,600,000 | 58,800,000 | 61,700,000 | 62,700,000 | 62,900,000 | 63,400,000 | 65,100,000 | |
| EBITDA | $775M | $765M | $670M | $535M | $614M | $179M | $454M | $305M | $491M | $411M | $-134M | $536M |
Balance Sheet 28
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $258M | $223M | $238M | $206M | $168M | $151M | $169M | $175M | $280M | $200M | $77M | $67M | |
| Inventory | $504M | $552M | $585M | $664M | $523M | $359M | $466M | $511M | $433M | $342M | $397M | $498M | |
| Prepaid Expense | $106M | $97M | $108M | $114M | $89M | $50M | $45M | $63M | $59M | $49M | $54M | $69M | |
| Current Assets | $1.54B | $1.60B | $1.63B | $1.82B | $1.43B | $978M | $1.21B | $1.39B | $1.30B | $1.05B | $1.05B | $1.36B | |
| PP&E (Net) | $1.71B | $1.53B | $1.41B | $1.27B | $1.38B | $1.31B | $1.35B | $1.30B | $1.30B | $1.29B | $1.38B | $1.58B | |
| PP&E (Gross) | $4.41B | $4.08B | $3.83B | $3.55B | $3.88B | $3.69B | $3.55B | $3.52B | $3.60B | $3.43B | $3.38B | $3.71B | |
| Accum. Depreciation | $2.69B | $2.55B | $2.42B | $2.28B | $2.51B | $2.37B | $2.20B | $2.22B | $2.30B | $2.14B | $2.00B | $2.13B | |
| Goodwill | $134M | $133M | $134M | $129M | $140M | $134M | $90M | $93M | $154M | $152M | $154M | $536M | |
| Intangibles | $55M | $53M | $60M | $63M | $100M | $103M | $96M | $98M | $137M | $140M | $153M | $347M | |
| Other Non-current Assets | $180M | $172M | $172M | $178M | $172M | $160M | $58M | $67M | $46M | $40M | $42M | $52M | |
| Total Assets | $3.81B | $3.74B | $3.60B | $3.52B | $3.31B | $2.78B | $3.00B | $3.24B | $3.34B | $3.05B | $3.06B | $4.08B | |
| Accounts Payable | $648M | $495M | $438M | $533M | $480M | $316M | $390M | $446M | $339M | $259M | $274M | $351M | |
| Accrued Liabilities | · | · | · | · | · | $33M | · | · | · | · | · | · | |
| Short-term Debt | $14M | $45M | $174M | $347M | $72M | $14M | $33M | $249M | $7M | $7M | $22M | $44M | |
| Current Liabilities | $957M | $772M | $822M | $1.10B | $1.15B | $529M | $599M | $952M | $742M | $397M | $441M | $630M | |
| Capital Leases | $85M | $88M | $84M | $83M | $84M | $89M | · | · | · | · | · | · | |
| Deferred Tax | $39M | $42M | $50M | $65M | $73M | $58M | $41M | $42M | $38M | $41M | $59M | $68M | |
| Other Non-current Liabilities | $258M | $245M | $231M | $234M | $279M | $286M | $206M | $252M | $245M | $285M | $240M | $291M | |
| Long-term Debt | $1.09B | $1.07B | $1.08B | $1.08B | $1.06B | $1.07B | $1.03B | $747M | $908M | $907M | $958M | $1.01B | |
| Total Debt | $1.13B | $1.14B | $1.28B | $1.44B | $1.16B | $1.11B | $1.06B | $1.00B | $924M | $926M | $993M | $1.07B | |
| Common Stock | $53M | $54M | $55M | $56M | $57M | $57M | $57M | $61M | $62M | $62M | $63M | $64M | |
| Paid-in Capital | · | · | · | · | · | · | · | · | · | · | · | $49M | |
| Retained Earnings | $1.83B | $1.73B | $1.57B | $1.28B | $1.16B | $989M | $1.34B | $1.42B | $1.71B | $1.54B | $1.48B | $1.90B | |
| Treasury Stock | $3M | $3M | $3M | $4M | $4M | $4M | $5M | $7M | $6M | $7M | $8M | $7M | |
| AOCI | $-335M | $-360M | $-362M | $-439M | $-289M | $-351M | $-391M | $-317M | $-259M | $-325M | $-299M | $-64M | |
| Stockholders' Equity | $1.55B | $1.43B | $1.26B | $898M | $947M | $691M | $998M | $1.15B | $1.50B | $1.27B | $1.23B | $1.94B | |
| Liabilities + Equity | $3.81B | $3.74B | $3.60B | $3.52B | $3.31B | $2.78B | $3.00B | $3.24B | $3.34B | $3.04B | $3.08B | $4.08B | |
| Shares Outstanding | 52,842,481 | 54,297,251 | 55,243,804 | 56,248,559 | 56,726,818 | 56,466,638 | 57,080,589 | 60,366,569 | 61,884,347 | 62,210,711 | 62,458,396 | 64,382,366 |
Cash Flow 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $154M | $151M | $144M | $146M | $160M | $158M | $148M | $149M | $155M | $161M | $183M | $201M | |
| Stock-based Comp | $24M | $25M | $20M | $23M | $21M | $9M | $11M | $22M | $16M | $17M | $12M | $14M | |
| Deferred Tax | $32M | $-37M | $-156M | $-40M | $9M | $130M | $-27M | $91M | $-31M | $-36M | $-86M | $8M | |
| Restructuring | $11M | $13M | $4M | $3M | $11M | $19M | $16M | $-30M | $25M | $29M | $21M | $29M | |
| Other Non-cash | $124M | $173M | $142M | $-238M | $-183M | $318M | $74M | $149M | $-37M | $100M | $724M | $-107M | |
| Operating Cash Flow | $665M | $692M | $595M | $100M | $257M | $377M | $363M | $298M | $348M | $392M | $499M | $315M | |
| CapEx | $274M | $241M | $244M | $211M | $195M | $200M | $224M | $229M | $147M | $112M | $141M | $171M | |
| Investing Cash Flow | $-298M | $-235M | $-214M | $-118M | $-186M | $-288M | $-94M | $-246M | $-149M | $-104M | $-162M | $-16M | |
| Debt Issued | $15M | $15M | $84M | $394M | $200M | $444M | $352M | $90M | · | $248M | · | $17M | |
| Net Debt Issued | $8M | $-15M | $-6M | $22M | $-22M | $34M | $277M | $-161M | $-2M | $-53M | $-57M | $-6M | |
| Stock Issued | $8M | $20M | $4M | $6M | $6M | $3M | $4M | $22M | $21M | $10M | $4M | $14M | |
| Stock Repurchased | $168M | $172M | $98M | $53M | $3M | $44M | $173M | $142M | $61M | $45M | $101M | $18M | |
| Net Stock Activity | $-160M | $-152M | $-94M | $-47M | $3M | $-41M | $-169M | $-120M | $-40M | $-35M | $-95M | $-4M | |
| Dividends Paid | $96M | $93M | $88M | $84M | $80M | $80M | $80M | $80M | $77M | $65M | $56M | $54M | |
| Financing Cash Flow | $-336M | $-415M | $-403M | $145M | $-60M | $-132M | $-236M | $-141M | $-133M | $-184M | $-256M | $-302M | |
| Net Change in Cash | $35M | $-15M | $32M | $36M | $19M | $-18M | $-6M | $-105M | $80M | $123M | $10M | $-28M | |
| Free Cash Flow | $391M | $451M | $351M | $-111M | $62M | $177M | $139M | $69M | $193M | $280M | $358M | $144M | |
| Levered FCF | $341M | $387M | $255M | $-150M | $28M | $-183M | $96M | $104M | $145M | $235M | $311M | $105M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.3% | 24.0% | 21.3% | 20.5% | 23.4% | 19.1% | 20.5% | 24.1% | 24.0% | 24.0% | 20.4% | 19.8% | |
| Operating Margin | 16.7% | 15.4% | 13.4% | 9.0% | 13.3% | 0.80% | 9.2% | 4.8% | 12.4% | 10.4% | -11.0% | 9.2% | |
| Net Margin | 8.9% | 9.5% | 11.3% | 4.8% | 7.3% | -9.1% | 4.7% | -3.5% | 8.9% | 6.2% | -11.6% | 5.5% | |
| Pretax Margin | 15.2% | 13.2% | 11.5% | 7.8% | 11.9% | -1.3% | 7.6% | 3.6% | 10.6% | 8.1% | -13.1% | 8.5% | |
| EBITDA Margin | 20.9% | 19.1% | 17.0% | 12.4% | 18.0% | 6.9% | 13.6% | 9.4% | 18.1% | 17.1% | -4.7% | 14.7% | |
| ROA | 8.8% | 10.3% | 12.5% | 6.1% | 8.2% | -8.2% | 5.0% | -3.4% | 7.6% | 4.9% | -9.3% | 4.8% | |
| ROE | 22.2% | 28.3% | 41.2% | 22.7% | 30.5% | -28.2% | 14.6% | -8.5% | 17.5% | 11.9% | -21.0% | 10.2% | |
| ROIC | 15.1% | 18.9% | 22.0% | 11.6% | 15.0% | 7.9% | 10.8% | -4.7% | 12.6% | 9.4% | -12.5% | 7.8% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.6 | 2.1 | 2.0 | 1.6 | 1.2 | 1.8 | 2.0 | 1.5 | 1.7 | 2.7 | 2.4 | 2.2 | |
| Quick Ratio | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 | 0.3 | 0.3 | 0.2 | 0.4 | 0.5 | 0.2 | 0.1 | |
| Debt / Equity | 0.7 | 0.8 | 1.0 | 1.6 | 1.2 | 1.6 | 1.1 | 0.9 | 0.6 | 0.7 | 0.8 | 0.6 | |
| LT Debt / Equity | 0.6 | 0.8 | 0.9 | 1.2 | 0.8 | 1.6 | 1.0 | 0.6 | 0.4 | 0.7 | 0.8 | 0.5 | |
| Interest Coverage | 8.2 | 7.6 | 5.8 | 6.9 | 9.3 | 0.4 | 5.2 | 2.9 | 6.3 | 4.6 | -6.0 | 6.1 |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.0 | 1.1 | 1.1 | 1.3 | 1.1 | 0.9 | 1.1 | 1.0 | 0.9 | 0.8 | 0.8 | 0.9 | |
| Inventory Turnover | 5.3 | 5.3 | 5.0 | 5.8 | 5.9 | 5.1 | 5.4 | 5.2 | 5.6 | 5.0 | 5.1 | 6.1 |
Growth Rates 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -7.0% | 1.6% | -9.0% | 26.8% | 30.4% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -4.9% | 5.4% | 14.6% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 7.3% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -10.4% | -13.1% | 113.5% | -16.6% | · | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 18.5% | 15.7% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -12.9% | -14.6% | 112.9% | -16.4% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 16.6% | 15.0% | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 3.7% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.71B | $3.99B | $3.93B | $4.32B | $3.41B | $2.61B | $3.34B | $3.24B | $2.72B | $2.41B | $2.87B | $3.65B | |
| Net Income TTM | $331M | $380M | $445M | $209M | $250M | $-238M | $157M | $-113M | $248M | $147M | $-334M | $199M | |
| Market Cap | $4.02B | $6.07B | $3.83B | $3.59B | $2.84B | $2.03B | $2.59B | $3.79B | $3.45B | $3.26B | $1.97B | $3.27B | |
| Enterprise Value | $4.89B | $6.99B | $4.86B | $4.83B | $3.84B | $3.00B | $3.48B | $4.61B | $4.10B | $3.99B | $2.89B | $4.27B | |
| P/E | 12.6 | 16.6 | 9.0 | 17.6 | 11.5 | -8.6 | 17.2 | -33.9 | 14.3 | 22.6 | -6.0 | 16.8 | |
| P/S | 1.1 | 1.5 | 1.0 | 0.8 | 0.8 | 0.8 | 0.8 | 1.2 | 1.3 | 1.4 | 0.7 | 0.9 | |
| P/B | 2.6 | 4.3 | 3.0 | 4.0 | 3.0 | 2.9 | 2.6 | 3.3 | 2.3 | 2.6 | 1.6 | 1.7 | |
| P / Tangible Book | 3.0 | 4.9 | 3.6 | 5.1 | 4.0 | 4.5 | · | · | · | · | · | · | |
| P / Cash Flow | 6.0 | 8.8 | 6.4 | 35.9 | 11.1 | 5.4 | 7.1 | 12.7 | 10.2 | 8.3 | 4.0 | 10.4 | |
| P / FCF | 10.3 | 13.5 | 10.9 | -32.4 | 45.9 | 11.5 | 18.6 | 54.9 | 17.9 | 11.6 | 5.5 | 22.7 | |
| EV / EBITDA | 6.3 | 9.1 | 7.3 | 9.0 | 6.2 | 16.8 | 7.7 | 15.1 | 8.3 | 9.7 | -21.5 | 8.0 | |
| EV / FCF | 12.5 | 15.5 | 13.9 | -43.5 | 61.9 | 16.9 | 25.0 | 66.9 | 21.2 | 14.2 | 8.1 | 29.7 | |
| EV / Revenue | 1.3 | 1.7 | 1.2 | 1.1 | 1.1 | 1.1 | 1.0 | 1.4 | 1.5 | 1.7 | 1.0 | 1.2 | |
| Dividend Yield | 2.4% | 1.5% | 2.3% | 2.3% | 2.8% | 3.9% | 3.1% | 2.1% | 2.2% | 2.0% | 2.8% | 1.7% | |
| Earnings Yield | 7.9% | 6.0% | 11.2% | 5.7% | 8.7% | -11.7% | 5.8% | -2.9% | 7.0% | 4.4% | -16.7% | 6.0% | |
| Payout Ratio | 29.0% | 24.5% | 19.8% | 40.2% | 32.0% | -33.6% | 51.0% | -70.8% | 31.9% | 43.6% | -16.8% | 27.1% | |
| Annual Payout | $96M | $93M | $88M | $84M | $80M | $80M | $80M | $80M | $77M | $65M | $56M | $54M |
Income Statement 16
| Metric | Trend | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $982M | $904M | $849M | $899M | $923M | $936M | $955M | $1.00B | $1.02B | $1.02B | $958M | $965M | $968M | $1.03B | $965M | $1.11B | |
| Cost of Revenue | $798M | $694M | $638M | $679M | $679M | $695M | $720M | $761M | $760M | $773M | $740M | $740M | $745M | $823M | $784M | $892M | |
| Gross Profit | $184M | $210M | $211M | $220M | $244M | $241M | $235M | $240M | $256M | $246M | $218M | $225M | $223M | $210M | $181M | $220M | |
| R&D Expense | $13M | $14M | $13M | $15M | $15M | $15M | $14M | $17M | $16M | $15M | $15M | $14M | $15M | $15M | $13M | $14M | |
| SG&A Expense | $73M | $67M | $69M | $68M | $62M | $64M | $66M | $73M | $68M | $75M | $67M | $69M | $58M | $66M | $60M | $62M | |
| Operating Income | $98M | $129M | $129M | $137M | $167M | $162M | $155M | $150M | $172M | $156M | $136M | $142M | $150M | $129M | $105M | $143M | |
| Interest Expense | $18M | $18M | $18M | $20M | $19M | $19M | $18M | $19M | $19M | $21M | $22M | $21M | $24M | $23M | $22M | $18M | |
| Other Non-op | $-30M | $2M | · | $-9M | $0 | $1M | $1M | $-3M | $-3M | $-1M | $-29M | $-3M | $-3M | $-5M | $-5M | $0 | |
| Pretax Income | $58M | $120M | $118M | $115M | $155M | $151M | $144M | $135M | $158M | $142M | $94M | $127M | $130M | $110M | $84M | $129M | |
| Income Tax | $46M | $44M | $37M | $63M | $43M | $49M | $41M | $-10M | $40M | $47M | $34M | $-118M | $41M | $29M | $20M | $29M | |
| Net Income | $6M | $68M | $73M | $43M | $101M | $94M | $93M | $137M | $109M | $84M | $50M | $234M | $82M | $75M | $54M | $94M | |
| EPS (Basic) | $0.12 | $1.27 | $1.38 | $0.80 | $1.87 | $1.71 | $1.69 | $2.45 | $1.96 | $1.50 | $0.88 | $4.10 | $1.44 | $1.31 | $0.94 | $1.66 | |
| EPS (Diluted) | $0.12 | $1.27 | $1.37 | $0.80 | $1.86 | $1.69 | $1.67 | $2.41 | $1.94 | $1.49 | $0.88 | $4.08 | $1.43 | $1.29 | $0.93 | $1.66 | |
| Shares (Basic) | 51,600,000 | 52,000,000 | 52,700,000 | -108,100,000 | 53,500,000 | 54,000,000 | 54,300,000 | -110,700,000 | 55,100,000 | 55,400,000 | 55,300,000 | -112,600,000 | 56,100,000 | 56,300,000 | 56,300,000 | -113,200,000 | |
| Shares (Diluted) | 52,000,000 | 52,200,000 | 52,900,000 | -109,000,000 | 53,800,000 | 54,400,000 | 55,000,000 | -111,600,000 | 55,700,000 | 55,800,000 | 55,800,000 | -113,500,000 | 56,500,000 | 56,800,000 | 56,700,000 | -113,800,000 | |
| EBITDA | $98M | $129M | $170M | · | $167M | $162M | $192M | · | $172M | $156M | $177M | · | $150M | $129M | $140M | · |
Balance Sheet 26
| Metric | Trend | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $250M | $252M | $230M | $258M | $239M | $213M | $183M | $223M | $197M | $206M | $244M | · | $220M | $205M | $190M | · | |
| Inventory | $566M | $522M | $503M | $504M | $531M | $541M | $536M | $552M | $553M | $551M | $617M | · | $592M | $625M | $704M | · | |
| Prepaid Expense | $118M | $116M | $108M | $106M | $114M | $110M | $100M | $97M | $109M | $104M | $105M | · | $102M | $145M | $127M | · | |
| Current Assets | $1.67B | $1.55B | $1.46B | $1.54B | $1.57B | $1.60B | $1.50B | $1.60B | $1.59B | $1.60B | $1.69B | · | $1.60B | $1.74B | $1.80B | · | |
| PP&E (Net) | $1.74B | $1.75B | $1.73B | $1.71B | $1.67B | $1.60B | $1.56B | $1.53B | $1.43B | $1.43B | $1.44B | · | $1.36B | $1.35B | $1.30B | · | |
| PP&E (Gross) | $4.58B | $4.51B | $4.47B | $4.41B | $4.33B | $4.16B | $4.05B | $4.08B | $3.91B | $3.91B | $3.94B | · | · | · | · | · | |
| Accum. Depreciation | $2.84B | $2.76B | $2.74B | $2.69B | $2.66B | $2.55B | $2.49B | $2.55B | $2.48B | $2.48B | $2.49B | · | · | · | · | · | |
| Goodwill | $137M | $136M | $136M | $134M | $133M | $128M | $127M | $133M | $132M | $137M | $138M | $134M | $136M | $136M | $133M | $129M | |
| Intangibles | $52M | $53M | $54M | $55M | $56M | $55M | $57M | $53M | $55M | $59M | $61M | · | $63M | $63M | $63M | · | |
| Other Non-current Assets | $193M | $194M | $187M | $180M | $181M | $177M | $182M | $172M | $182M | $183M | $173M | · | $167M | $165M | $170M | · | |
| Total Assets | $3.98B | $3.90B | $3.76B | $3.81B | $3.84B | $3.78B | $3.64B | $3.74B | $3.58B | $3.60B | $3.69B | $3.60B | $3.39B | $3.52B | $3.54B | $3.52B | |
| Accounts Payable | $670M | $598M | $575M | $459M | $596M | $577M | $599M | $495M | $626M | $587M | $585M | · | $568M | $609M | $630M | · | |
| Short-term Debt | $184M | $175M | $12M | $14M | $100M | $190M | $100M | $45M | $49M | $88M | $206M | · | $136M | $258M | $312M | · | |
| Current Liabilities | $1.14B | $1.07B | $874M | $957M | $740M | $818M | $747M | $772M | $717M | $718M | $830M | · | $738M | $904M | $984M | · | |
| Capital Leases | · | · | · | $85M | · | · | · | $88M | · | · | · | · | · | · | · | · | |
| Deferred Tax | $36M | $40M | $43M | $39M | $40M | $39M | $39M | $42M | $40M | $38M | $51M | · | $60M | $58M | $65M | · | |
| Other Non-current Liabilities | $242M | $239M | $257M | $258M | $269M | $247M | $252M | $245M | $244M | $245M | $241M | · | $230M | $231M | $236M | · | |
| Long-term Debt | $1.09B | $1.12B | $1.11B | $1.09B | $1.11B | $1.10B | $1.10B | $1.09B | $1.09B | $1.10B | $1.11B | · | $1.10B | $1.10B | $1.10B | · | |
| Total Debt | $1.27B | $1.30B | $1.13B | · | $1.22B | $1.29B | $1.20B | · | $1.14B | $1.18B | $1.31B | · | $1.24B | $1.36B | $1.41B | · | |
| Common Stock | $52M | $52M | $52M | $53M | $53M | $54M | $54M | $54M | $55M | $55M | $55M | · | $56M | $56M | $57M | · | |
| Retained Earnings | $1.82B | $1.83B | $1.84B | $1.83B | $1.85B | $1.80B | $1.77B | $1.73B | $1.68B | $1.63B | $1.58B | · | $1.41B | $1.36B | $1.31B | · | |
| Treasury Stock | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | · | $3M | $3M | $4M | · | |
| AOCI | $-267M | $-316M | $-310M | $-335M | $-355M | $-427M | $-457M | $-360M | $-382M | $-317M | $-305M | · | $-329M | $-314M | $-358M | · | |
| Stockholders' Equity | $1.60B | $1.57B | $1.57B | $1.55B | $1.54B | $1.43B | $1.37B | $1.43B | $1.35B | $1.37B | $1.33B | · | $1.13B | $1.10B | $1.01B | · | |
| Liabilities + Equity | $3.98B | $3.90B | $3.76B | $3.81B | $3.84B | $3.78B | $3.64B | $3.74B | $3.58B | $3.60B | $3.69B | · | $3.39B | $3.52B | $3.54B | · | |
| Shares Outstanding | 51,631,007 | 51,579,624 | 52,215,581 | 52,842,481 | 53,203,216 | 53,700,563 | 54,215,426 | 54,297,251 | 54,816,803 | 55,258,040 | 55,424,816 | · | 55,936,984 | 56,146,164 | 56,315,875 | · |
Cash Flow 19
| Metric | Trend | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $50M | $49M | $41M | $40M | $39M | $38M | $37M | $37M | $36M | $37M | $41M | $37M | $36M | $36M | $35M | $35M | |
| Stock-based Comp | $6M | $4M | $3M | $5M | $5M | $6M | $8M | $6M | $6M | $7M | $6M | $5M | $3M | $6M | $6M | $6M | |
| Deferred Tax | $18M | $-16M | $2M | $23M | $1M | · | · | $-44M | $-2M | $2M | $7M | $-155M | $2M | · | · | $-1M | |
| Amort. of Intangibles | $2M | $1M | $2M | · | $2M | $2M | $2M | · | · | · | · | · | · | · | · | · | |
| Restructuring | $42M | $8M | $7M | $5M | $3M | $3M | · | $0 | $1M | $3M | $9M | · | · | · | · | · | |
| Other Non-cash | · | · | $7M | · | · | · | $-14M | · | · | · | $1M | · | · | · | $-43M | · | |
| Operating Cash Flow | $75M | $77M | $126M | $219M | $249M | $73M | $124M | $204M | $207M | $176M | $105M | $138M | $243M | $162M | $52M | $105M | |
| CapEx | $38M | $45M | $69M | $64M | $61M | $72M | $77M | $92M | $52M | $43M | $54M | $78M | $80M | $51M | $35M | $90M | |
| Investing Cash Flow | $-38M | $-109M | $-69M | $-59M | $-65M | $-70M | $-104M | $-89M | $-51M | $-41M | $-54M | $-75M | $-75M | $-47M | $-17M | $-87M | |
| Debt Issued | · | · | · | $0 | $9M | $0 | $6M | $1M | $14M | $0 | $0 | $5M | · | · | · | $0 | |
| Net Debt Issued | · | · | $-2M | · | · | · | $5M | · | · | · | $-1M | · | · | · | $-6M | · | |
| Stock Issued | · | · | · | $6M | $0 | $0 | $2M | $5M | $2M | $6M | $7M | $0 | $0 | $1M | $3M | $0 | |
| Stock Repurchased | $0 | $49M | $52M | $39M | $40M | $47M | $42M | $66M | $49M | $24M | $33M | $50M | $15M | $16M | $17M | $5M | |
| Net Stock Activity | · | · | $-52M | · | · | · | $-40M | · | · | · | $-26M | · | · | · | $-14M | · | |
| Dividends Paid | $24M | $24M | $24M | $25M | $24M | $23M | $24M | $24M | $24M | $23M | $22M | $23M | $23M | $21M | $21M | $21M | |
| Financing Cash Flow | $-49M | $53M | $-92M | $-146M | $-183M | $17M | $-24M | $-89M | $-131M | $-166M | $-29M | $-32M | $-161M | $-118M | $-92M | $16M | |
| Net Change in Cash | $-1M | $22M | $-28M | $19M | $26M | $30M | $-40M | $26M | $-9M | $-38M | $6M | $18M | $15M | $15M | $-16M | $-8M | |
| Free Cash Flow | · | · | $57M | · | · | · | $47M | · | · | · | $51M | · | · | · | $17M | · | |
| Levered FCF | · | · | $45M | · | · | · | $34M | · | · | · | $37M | · | · | · | $238.1K | · |
Profitability 8
| Metric | Trend | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.7% | 23.2% | 24.9% | · | 26.4% | 25.8% | 24.6% | · | 25.2% | 24.1% | 22.8% | · | 23.0% | 20.3% | 18.8% | · | |
| Operating Margin | 10.0% | 14.3% | 15.2% | · | 18.1% | 17.3% | 16.2% | · | 16.9% | 15.3% | 14.2% | · | 15.5% | 12.5% | 10.9% | · | |
| Net Margin | 0.61% | 7.5% | 8.6% | · | 10.9% | 10.0% | 9.7% | · | 10.7% | 8.2% | 5.2% | · | 8.5% | 7.3% | 5.6% | · | |
| Pretax Margin | 5.9% | 13.3% | 13.9% | · | 16.8% | 16.1% | 15.1% | · | 15.6% | 13.9% | 9.8% | · | 13.4% | 10.7% | 8.7% | · | |
| EBITDA Margin | 10.0% | 14.3% | 20.0% | · | 18.1% | 17.3% | 20.1% | · | 16.9% | 15.3% | 18.5% | · | 15.5% | 12.5% | 14.5% | · | |
| ROA | 0.15% | 1.8% | 2.0% | · | 2.7% | 2.5% | 2.5% | · | 3.1% | 2.4% | 1.4% | · | 2.4% | 2.1% | 1.6% | · | |
| ROE | 0.38% | 4.5% | 5.0% | · | 7.0% | 6.7% | 6.9% | · | 8.8% | 6.8% | 4.3% | · | 8.1% | 7.4% | 6.0% | · | |
| ROIC | 0.70% | 2.9% | 3.3% | · | 4.4% | 4.0% | 4.3% | · | 5.2% | 4.1% | 3.3% | · | 4.3% | 3.9% | 3.3% | · |
Liquidity & Solvency 5
| Metric | Trend | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.5 | 1.4 | 1.7 | · | 2.1 | 2.0 | 2.0 | · | 2.2 | 2.2 | 2.0 | · | 2.2 | 1.9 | 1.8 | · | |
| Quick Ratio | 0.2 | 0.2 | 0.3 | · | 0.3 | 0.3 | 0.2 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.2 | 0.2 | · | |
| Debt / Equity | 0.8 | 0.8 | 0.7 | · | 0.8 | 0.9 | 0.9 | · | 0.8 | 0.9 | 1.0 | · | 1.1 | 1.2 | 1.4 | · | |
| LT Debt / Equity | 0.5 | 0.6 | 0.5 | · | 0.7 | 0.8 | 0.8 | · | 0.8 | 0.8 | 0.8 | · | 1.0 | 1.0 | 1.1 | · | |
| Interest Coverage | 5.4 | 7.2 | 7.2 | · | 8.8 | 8.5 | 8.6 | · | 9.1 | 7.4 | 6.2 | · | 6.2 | 5.6 | 4.8 | · |
Efficiency 2
| Metric | Trend | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.2 | 0.2 | · | 0.2 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | |
| Inventory Turnover | 1.5 | 1.3 | 1.2 | · | 1.3 | 1.3 | 1.2 | · | 1.3 | 1.3 | 1.1 | · | 1.2 | 1.3 | 1.3 | · |
Valuation (TTM) 15
| Metric | Trend | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.66B | $3.61B | $3.66B | · | $3.83B | $3.93B | $3.95B | · | $3.96B | $3.98B | $3.92B | · | $4.12B | $4.24B | $4.17B | · | |
| Net Income TTM | $248M | $336M | $361M | · | $397M | $380M | $336M | · | $325M | $291M | $261M | · | $308M | $333M | $169M | · | |
| Market Cap | $4.69B | $3.88B | $3.46B | · | $3.99B | $4.46B | $4.95B | · | $5.04B | $5.09B | $4.63B | · | $3.74B | $4.30B | $3.76B | · | |
| Enterprise Value | $5.71B | $4.93B | $4.36B | · | $4.97B | $5.54B | $5.97B | · | $5.98B | $6.07B | $5.70B | · | $4.76B | $5.46B | $4.98B | · | |
| P/E | 19.7 | 12.2 | 10.1 | · | 10.5 | 12.2 | 15.3 | · | 16.0 | 18.1 | 18.4 | · | 12.5 | 13.3 | 23.1 | · | |
| P/S | 1.3 | 1.1 | 0.9 | · | 1.0 | 1.1 | 1.3 | · | 1.3 | 1.3 | 1.2 | · | 0.9 | 1.0 | 0.9 | · | |
| P/B | 2.9 | 2.5 | 2.2 | · | 2.6 | 3.1 | 3.6 | · | 3.7 | 3.7 | 3.5 | · | 3.3 | 3.9 | 3.7 | · | |
| P / Tangible Book | 3.3 | 2.8 | 2.5 | · | 3.0 | 3.6 | 4.2 | · | 4.3 | 4.4 | 4.1 | · | 4.0 | 4.8 | 4.6 | · | |
| P / Cash Flow | · | · | 27.5 | · | · | · | 39.9 | · | · | · | 44.1 | · | · | · | 72.4 | · | |
| P / FCF | · | · | 60.7 | · | · | · | 105.3 | · | · | · | 90.7 | · | · | · | 221.4 | · | |
| EV / EBITDA | 58.3 | 38.2 | 25.6 | · | 29.7 | 34.2 | 31.1 | · | 34.8 | 38.9 | 32.2 | · | 31.7 | 42.3 | 35.6 | · | |
| EV / FCF | · | · | 76.4 | · | · | · | 126.9 | · | · | · | 111.7 | · | · | · | 293.2 | · | |
| EV / Revenue | 1.6 | 1.4 | 1.2 | · | 1.3 | 1.4 | 1.5 | · | 1.5 | 1.5 | 1.5 | · | 1.2 | 1.3 | 1.2 | · | |
| Earnings Yield | 5.1% | 8.2% | 9.9% | · | 9.6% | 8.2% | 6.6% | · | 6.2% | 5.5% | 5.4% | · | 8.0% | 7.5% | 4.3% | · | |
| Payout Ratio | · | · | 32.9% | · | · | · | 25.8% | · | · | · | 44.0% | · | · | · | 38.9% | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | |
|---|---|---|---|---|---|
| Revenue | $3.71B | $3.99B | $3.93B | $4.32B | $3.41B |
| Gross Margin % | 25.3% | 24.0% | 21.3% | 20.5% | 23.4% |
| Operating Margin % | 16.7% | 15.4% | 13.4% | 9.0% | 13.3% |
| Net Income | $331M | $380M | $445M | $209M | $250M |
| Diluted EPS | $6.02 | $6.72 | $7.73 | $3.62 | $4.34 |
Balance Sheet
| 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.7 | 0.8 | 1.0 | 1.6 | 1.2 |
| Current Ratio | 1.6 | 2.1 | 2.0 | 1.6 | 1.2 |
| Quick Ratio | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 |
Cash Flow
| 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | |
|---|---|---|---|---|---|
| Free Cash Flow | $391M | $451M | $351M | $-111M | $62M |
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Institutional owners (13F) 424 filers · $3.4B 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 |
|---|---|---|---|---|
| 65 (+11 vs prior Q) | 36 (+5 vs prior Q) | 140 (+9 vs prior Q) | 98 (-18 vs prior Q) | +7.3M |
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 |
|---|---|---|---|---|
| VANGUARD GROUP INC | $362,678,990 | 5,471,922 | 10.81% | Shares |
| EARNEST PARTNERS LLC | $303,855,475 | 3,345,689 | 9.06% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $279,447,237 | 3,076,935 | 8.33% | Shares |
| AMERICAN CENTURY COMPANIES INC | $251,405,837 | 2,768,176 | 7.49% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $210,806,116 | 2,321,142 | 6.28% | Shares |
| STATE STREET CORP | $196,664,716 | 2,165,434 | 5.86% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $181,959,103 | 2,003,514 | 5.42% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $162,971,875 | 1,794,449 | 4.86% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $158,327,233 | 1,743,308 | 4.72% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $138,096,029 | 1,520,307 | 4.12% | Shares |
| SNYDER CAPITAL MANAGEMENT L P | $81,762,975 | 900,275 | 2.44% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $63,687,979 | 701,255 | 1.90% | Shares |
| FMR LLC | $63,620,954 | 700,517 | 1.90% | Shares |
| NORGES BANK | $52,158,380 | 574,305 | 1.55% | Shares |
| MILLENNIUM MANAGEMENT LLC | $44,434,048 | 489,254 | 1.32% | Shares |
| Capital Research Global Investors | $38,673,790 | 425,829 | 1.15% | Shares |
| Fiduciary Trust Co | $35,640,129 | 392,426 | 1.06% | Shares |
| ProShare Advisors LLC | $33,891,755 | 373,175 | 1.01% | Shares |
| Lightrock Netherlands B.V. | $32,245,302 | 382,779 | 0.96% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $31,234,905 | 343,921 | 0.93% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $30,568,650 | 336,585 | 0.91% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $26,663,733 | 285,479 | 0.79% | Shares |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | $25,764,182 | 283,684 | 0.77% | Shares |
| GOLDMAN SACHS GROUP INC | $23,435,465 | 258,043 | 0.70% | Shares |
| Leeward Investments, LLC - MA | $19,994,568 | 220,156 | 0.60% | Shares |
| First Eagle Investment Management, LLC | $18,931,429 | 208,450 | 0.56% | Shares |
| EASTERN BANK | $18,372,886 | 202,300 | 0.55% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $17,056,541 | 187,806 | 0.51% | Shares |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $16,808,693 | 185,077 | 0.50% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $16,697,207 | 183,849 | 0.50% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $16,587,456 | 182,641 | 0.49% | Shares |
| RHUMBLINE ADVISERS | $15,728,818 | 173,187 | 0.47% | Shares |
| BANK OF AMERICA CORP /DE/ | $12,969,731 | 142,807 | 0.39% | Shares |
| PEAK6 LLC | $12,860,112 | 141,600 | 0.38% | Call option |
| California Public Employees Retirement System | $10,495,159 | 115,560 | 0.31% | Shares |
| Cambria Investment Management, L.P. | $9,707,568 | 106,888 | 0.29% | Shares |
| Swiss National Bank | $9,517,936 | 104,800 | 0.28% | Shares |
| Caisse de depot et placement du Quebec | $8,708,639 | 95,889 | 0.26% | Shares |
| DENALI ADVISORS LLC | $7,874,730 | 86,707 | 0.23% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $7,576,386 | 83,422 | 0.23% | Shares |
| ALLIANCEBERNSTEIN L.P. | $7,457,648 | 99,026 | 0.22% | Shares |
| AMERIPRISE FINANCIAL INC | $6,711,328 | 73,897 | 0.20% | Shares |
| MORGAN STANLEY | $6,374,020 | 70,183 | 0.19% | Shares |
| Aureus Asset Management, LLC | $6,092,206 | 67,080 | 0.18% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $6,072,952 | 66,868 | 0.18% | Shares |
| PEREGRINE CAPITAL MANAGEMENT LLC | $6,033,808 | 66,437 | 0.18% | Shares |
| FIRST TRUST ADVISORS LP | $5,829,911 | 64,192 | 0.17% | Shares |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $5,396,706 | 59,422 | 0.16% | Shares |
| JANE STREET GROUP, LLC | $5,312,970 | 58,500 | 0.16% | Call option |
| BROWN BROTHERS HARRIMAN & CO | $5,030,792 | 55,393 | 0.15% | Shares |
| MetLife Investment Management, LLC | $4,942,606 | 54,422 | 0.15% | Shares |
| BlackRock, Inc. | $4,889,930 | 53,842 | 0.15% | Shares |
| Retirement Systems of Alabama | $4,848,880 | 53,390 | 0.14% | Shares |
| FIFTH THIRD BANCORP | $4,790,611 | 52,748 | 0.14% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $4,772,319 | 63,369 | 0.14% | Shares |
| Ballast Asset Management, LP | $4,768,958 | 52,510 | 0.14% | Shares |
| RAYMOND JAMES FINANCIAL INC | $4,731,194 | 52,094 | 0.14% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $4,613,474 | 50,798 | 0.14% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $4,597,145 | 50,618 | 0.14% | Shares |
| Man Group plc | $4,309,500 | 47,451 | 0.13% | Shares |
| Bridgewater Associates, LP | $4,307,048 | 47,424 | 0.13% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $4,287,703 | 47,211 | 0.13% | Shares |
| WELLS FARGO & COMPANY/MN | $4,201,061 | 46,257 | 0.13% | Shares |
| 1492 Capital Management LLC | $4,005,253 | 44,101 | 0.12% | Shares |
| LAZARD ASSET MANAGEMENT LLC | $3,993,537 | 43,972 | 0.12% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $3,903,444 | 42,980 | 0.12% | Shares |
| PRUDENTIAL FINANCIAL INC | $3,693,468 | 40,668 | 0.11% | Shares |
| Brevan Howard Capital Management LP | $3,581,578 | 39,436 | 0.11% | Shares |
| Cetera Investment Advisers | $3,115,674 | 34,306 | 0.09% | Shares |
| UBS Group AG | $2,811,242 | 30,954 | 0.08% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2,756,841 | 30,355 | 0.08% | Shares |
| Legal & General Group Plc | $2,733,682 | 30,100 | 0.08% | Shares |
| Moran Wealth Management, LLC | $2,524,342 | 27,795 | 0.08% | Shares |
| SEI INVESTMENTS CO | $2,517,220 | 27,716 | 0.08% | Shares |
| Quantinno Capital Management LP | $2,409,591 | 26,531 | 0.07% | Shares |
| Bank of New York Mellon Corp | $2,403,733 | 26,467 | 0.07% | Shares |
| KLP KAPITALFORVALTNING AS | $2,397,648 | 26,400 | 0.07% | Shares |
| Polaris Capital Management, LLC | $2,386,114 | 26,273 | 0.07% | Shares |
| Holocene Advisors, LP | $2,324,901 | 25,599 | 0.07% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $2,284,577 | 25,155 | 0.07% | Shares |
| Riverwater Partners LLC | $2,262,962 | 24,917 | 0.07% | Shares |
| INTECH INVESTMENT MANAGEMENT LLC | $2,133,362 | 23,490 | 0.06% | Shares |
| ISTHMUS PARTNERS, LLC | $2,028,283 | 22,333 | 0.06% | Shares |
| Trexquant Investment LP | $1,951,994 | 21,493 | 0.06% | Shares |
| D. E. Shaw & Co., Inc. | $1,909,490 | 21,025 | 0.06% | Shares |
| Sensible Financial Planning & Management, LLC. | $1,899,653 | 24,979 | 0.06% | Shares |
| State of Tennessee, Department of Treasury | $1,840,377 | 20,264 | 0.05% | Shares |
| Vanguard Global Advisers, LLC | $1,838,651 | 20,245 | 0.05% | Shares |
| JANUS HENDERSON GROUP PLC | $1,754,258 | 23,283 | 0.05% | Shares |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC | $1,694,338 | 18,656 | 0.05% | Shares |
| LPL Financial LLC | $1,676,863 | 18,464 | 0.05% | Shares |
| H D Vest Advisory Services | $1,672,434 | 22,299 | 0.05% | Shares |
| IRONWOOD INVESTMENT MANAGEMENT LLC | $1,634,578 | 17,998 | 0.05% | Shares |
| Cascade Investment Advisors, Inc. | $1,515,332 | 16,685 | 0.05% | Shares |
| CITADEL ADVISORS LLC | $1,498,530 | 16,500 | 0.04% | Call option |
| Horizon Investments, LLC | $1,487,268 | 16,376 | 0.04% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $1,427,781 | 15,721 | 0.04% | Shares |
| Police & Firemen's Retirement System of New Jersey | $1,399,899 | 15,414 | 0.04% | Shares |
| Gotham Asset Management, LLC | $1,395,994 | 15,371 | 0.04% | Shares |
| Keeley-Teton Advisors, LLC | $1,393,094 | 16,756 | 0.04% | Shares |
Company insiders 51 insiders · 22 officers · 28 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Kennett F Burnes | Chairman, CEO and President | Aug. 3, 2007 A | 814,622 | 0 | 0 | $0 |
| Erica Mclaughlin | Executive Vice President, CFO | June 12, 2026 A | 77,782 | 0 | 0 | $0 |
| Eduardo E Cordeiro | Executive Vice President, CFO | March 9, 2018 A | 73,956 | 0 | 0 | $0 |
| Jonathan P Mason | Executive Vice President, CFO | Feb. 13, 2009 D | 3,334 | 0 | 0 | $0 |
| John A Shaw | Executive Vice President, CFO | Dec. 22, 2005 G | 91,704 | 0 | 0 | $0 |
| William F Masterson III | Senior Vice President | June 12, 2026 A | 7,210 | 0 | 0 | $0 |
| Lisa M Dumont | VP, Controller & CAO | June 12, 2026 A | 11,715 | 0 | 0 | $0 |
| Matthew Forster Wood | Senior Vice President | Nov. 19, 2025 F | 13,496 | 0 | 0 | $0 |
| Jeff Ji Zhu | Executive Vice President | Nov. 19, 2025 A | 85,337 | 0 | 0 | $0 |
| Hobart Kalkstein | Executive Vice President | June 13, 2025 A | 53,169 | 0 | 0 | $0 |
| James Patrick Kelly | Vice President and Controller | Dec. 31, 2019 A | 26,582 | 0 | 0 | $0 |
| John R Doubman | Senior Vice President | Sept. 30, 2019 A | 7,780 | 0 | 0 | $0 |
| Brian A Berube | SVP, General Counsel | March 8, 2019 A | 49,813 | 0 | 0 | $0 |
| Friedrich Von Gottberg | Senior Vice President | Nov. 20, 2018 F | 22,822 | 0 | 0 | $0 |
| Nicholas S. Cross | Executive Vice President | Aug. 21, 2018 M | 48,597 | 0 | 0 | $0 |
| David A Miller | Executive Vice President | Nov. 13, 2014 M | 25,175 | 0 | 0 | $0 |
| William J Brady | Executive Vice President | May 18, 2009 S | 99,321 | 0 | 0 | $0 |
| Ravijit Paintal | Vice President | Aug. 6, 2007 A | 55,900 | 0 | 0 | $0 |
| Dirk Blevi | Executive Vice President | July 16, 2007 A | 65,417 | 0 | 0 | $0 |
| Paul J Gormisky | Vice President | Dec. 16, 2005 S | 84,221 | 0 | 0 | $0 |
| David J Elliott | Controller | Aug. 2, 2005 A | 28,673 | 0 | 0 | $0 |
| Carol Flack | Vice President | Aug. 2, 2004 A | 22,000 | 0 | 0 | $0 |
| Raffiq Nathoo | Director | June 30, 2026 A | 9,266 | 0 | 0 | $0 |
| Douglas G Delgrosso | Director | June 12, 2026 A | 15,079 | 0 | 0 | $0 |
| Michelle Elizabeth Williams | Director | Jan. 8, 2026 A | 6,776 | 0 | 0 | $0 |
| Michael M Morrow | Director | Jan. 8, 2026 A | 22,302 | 0 | 0 | $0 |
| Thierry Fj Vanlancker | Director | Jan. 8, 2026 A | 4,902 | 0 | 0 | $0 |
| Christine Y Yan | Director | Jan. 8, 2026 A | 17,171 | 0 | 0 | $0 |
| Cynthia A Arnold | Director | Jan. 8, 2026 A | 19,620 | 0 | 0 | $0 |
| Frank Anders Wilson | Director | Jan. 8, 2026 A | 18,552 | 0 | 0 | $0 |
| William C. Kirby | Director | Jan. 8, 2026 A | 27,688 | 0 | 0 | $0 |
| Cabot Juan Enriquez | Director | Jan. 8, 2026 A | 41,526 | 0 | 0 | $0 |
| Matthais L. Wolfgruber | Director | March 14, 2025 A | 22,099 | 0 | 0 | $0 |
| Sue H. Rataj | Director | Jan. 11, 2024 A | 27,460 | 0 | 0 | $0 |
| Mark S Wrighton | Director | Jan. 7, 2021 A | 47,590 | 0 | 0 | $0 |
| Patrick M. Prevost | Director | Jan. 9, 2020 A | 220,166 | 0 | 0 | $0 |
| John F Obrien | Director | Jan. 9, 2020 A | 53,992 | 0 | 0 | $0 |
| John K Mcgillicuddy | Director | Jan. 10, 2019 A | 20,273 | 0 | 0 | $0 |
| Roderick Macleod | Director | Jan. 12, 2018 A | 16,193 | 0 | 0 | $0 |
| Lydia W Thomas | Director | Jan. 13, 2017 A | 32,849 | 0 | 0 | $0 |
| Henry F Mccance | Director | Jan. 8, 2016 A | 21,942 | 0 | 0 | $0 |
| Ronaldo H Schmitz | Director | Jan. 8, 2016 A | 27,942 | 0 | 0 | $0 |
| John S Clarkeson | Director | Jan. 9, 2015 A | 33,142 | 0 | 0 | $0 |
| Gautam S Kaji | Director | Jan. 10, 2014 A | 23,619 | 0 | 0 | $0 |
| Arthur L Goldstein | Director | Jan. 14, 2011 A | 27,949 | 0 | 0 | $0 |
| Shengman Zhang | Director | Jan. 8, 2010 A | 9,375 | 0 | 0 | $0 |
| John H Mcarthur | Director | Jan. 12, 2007 A | 4,935 | 0 | 0 | $0 |
| John G L Cabot | Director | Dec. 3, 2004 G | 2,570 | 0 | 0 | $0 |
| Sean D Keohane | — | Aug. 7, 2026 M | 404,134 | 0 | 1 | $-7,943,066 |
| Karen A Kalita | — | June 12, 2026 A | 45,242 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 14 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 21, 2009 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 12, 2009 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 5, 2009 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | June 1, 2009 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 12, 2008 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Jan. 4, 2008 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Dec. 18, 2007 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | June 20, 2006 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Jan. 13, 2006 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Nov. 9, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Oct. 21, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Sept. 27, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Sept. 15, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 29, 2005 | — | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 102 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 |
|---|---|---|---|---|
| TINT · ProShares Trust | 4.97% | 1,202 NS | May 31, 2026 | N-PORT |
| TINY · ProShares Trust | 4.68% | 4,436 NS | May 31, 2026 | N-PORT |
| REGL · ProShares Trust | 1.81% | 346,594 NS | May 31, 2026 | N-PORT |
| PYZ · Invesco Exchange-Traded Fund Trust | 1.45% | 12,963 SH | Aug. 8, 2026 | Daily |
| EPSV · Harbor ETF Trust | 1.29% | 833 NS | April 30, 2026 | N-PORT |
| VRAI · ETFis Series Trust I | 1.15% | 2,750 NS | April 30, 2026 | N-PORT |
| EPSB · Harbor ETF Trust | 1.14% | 689 NS | April 30, 2026 | N-PORT |
| DRIV · Global X Funds | 1.03% | 55,934 NS | May 31, 2026 | N-PORT |
| MYLD · Cambria ETF Trust | 1.01% | 3,876 NS | April 30, 2026 | N-PORT |
| SYLD · Cambria ETF Trust | 1.00% | 124,717 NS | April 30, 2026 | N-PORT |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.70% | 2,180,536 NS | May 31, 2026 | N-PORT |
| ESSC · Strategy Shares | 0.59% | 1,958 NS | April 30, 2026 | N-PORT |
| CALF · Pacer Funds Trust | 0.54% | 240,693 NS | April 30, 2026 | N-PORT |
| RFV · Invesco Exchange-Traded Fund Trust | 0.50% | 19,464 SH | Aug. 8, 2026 | Daily |
| FLOW · Global X Funds | 0.46% | 1,512 NS | May 31, 2026 | N-PORT |
| FYT · First Trust Exchange-Traded AlphaDE… | 0.36% | 8,486 NS | April 30, 2026 | N-PORT |
| EBIT · Harbor ETF Trust | 0.36% | 528 NS | April 30, 2026 | N-PORT |
| AFMC · First Trust Exchange-Traded Fund VI… | 0.33% | 6,169 NS | May 31, 2026 | N-PORT |
| VAW · VANGUARD WORLD FUND | 0.31% | 153,260 SH | Aug. 8, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.30% | 45,603 SH | Aug. 8, 2026 | Daily |
| IWN · iShares Trust | 0.29% | 488,640 SH | Aug. 8, 2026 | Daily |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.27% | 44,329 SH | Aug. 8, 2026 | Daily |
| FMAT · FIDELITY COVINGTON TRUST | 0.26% | 20,412 NS | April 30, 2026 | N-PORT |
| IJJ · iShares Trust | 0.26% | 262,694 SH | Aug. 8, 2026 | Daily |
| FBCV · FIDELITY COVINGTON TRUST | 0.25% | 5,214 NS | April 30, 2026 | N-PORT |
| JPSE · J.P. Morgan Exchange-Traded Fund Tr… | 0.24% | 18,117 NS | April 30, 2026 | N-PORT |
| FYX · First Trust Exchange-Traded AlphaDE… | 0.23% | 36,872 NS | April 30, 2026 | N-PORT |
| ROSC · Lattice Strategies Trust | 0.23% | 1,611 NS | April 30, 2026 | N-PORT |
| FNDA · SCHWAB STRATEGIC TRUST | 0.22% | 220,736 NS | May 31, 2026 | N-PORT |
| MIDE · DBX ETF Trust | 0.18% | 70 NS | May 29, 2026 | N-PORT |
| BKSE · BNY Mellon ETF Trust | 0.18% | 1,861 NS | April 30, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.18% | 56,087 NS | May 31, 2026 | N-PORT |
| RWK · Invesco Exchange-Traded Fund Trust … | 0.15% | 22,948 SH | Aug. 8, 2026 | Daily |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.14% | 7,299 SH | Aug. 8, 2026 | Daily |
| IWM · iShares Trust | 0.14% | 1,325,934 SH | Aug. 8, 2026 | Daily |
| XJH · iShares Trust | 0.14% | 6,973 SH | Aug. 8, 2026 | Daily |
| ISCV · iShares Trust | 0.14% | 11,324 SH | Aug. 8, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.14% | 300,676 SH | Aug. 8, 2026 | Daily |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.13% | 83,291 SH | Aug. 8, 2026 | Daily |
| IJH · iShares Trust | 0.12% | 1,779,862 SH | Aug. 8, 2026 | Daily |
| RSSL · Global X Funds | 0.12% | 22,664 NS | April 30, 2026 | N-PORT |
| EBI · RBB Fund Trust | 0.12% | 9,140 NS | May 31, 2026 | N-PORT |
| AVIE · AMERICAN CENTURY ETF TRUST | 0.12% | 138 NS | May 31, 2026 | N-PORT |
| PTMC · Pacer Funds Trust | 0.12% | 5,936 NS | April 30, 2026 | N-PORT |
| GSSC · Goldman Sachs ETF Trust | 0.12% | 12,974 NS | May 31, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.11% | 2,460 NS | May 31, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.11% | 35,151 NS | April 30, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.11% | 192,835 NS | April 30, 2026 | N-PORT |
| VBR · VANGUARD INDEX FUNDS | 0.10% | 751,602 SH | Aug. 8, 2026 | Daily |
| VFQY · VANGUARD WELLINGTON FUND | 0.10% | 5,157 SH | Aug. 8, 2026 | Daily |