CHD Church & Dwight Company, Inc. Common Stock
About Church & Dwight Company, Inc. Common Stock Company overview from Wikipedia
Church & Dwight Co., Inc. is an American consumer packaged goods company headquartered in Ewing Township, New Jersey. It manufactures and markets household, personal-care and specialty products in the United States and internationally. The company is best known for Arm & Hammer, whose baking soda and related products trace their origins to a business established by John Dwight and Austin Church in 1846. As of 2026, other major brands include Trojan, OxiClean, Nair, First Response, Orajel, Waterpik, Batiste, TheraBreath, Hero Cosmetics and Touchland.
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Church & Dwight Co., Inc. is an American consumer packaged goods company headquartered in Ewing Township, New Jersey. It manufactures and markets household, personal-care and specialty products in the United States and internationally. The company is best known for Arm & Hammer, whose baking soda and related products trace their origins to a business established by John Dwight and Austin Church in 1846. As of 2026, other major brands include Trojan, OxiClean, Nair, First Response, Orajel, Waterpik, Batiste, TheraBreath, Hero Cosmetics and Touchland.
Church & Dwight operates through three business segments: Consumer Domestic, Consumer International and Specialty Products. Its consumer businesses sell laundry, cleaning, oral-care, hair-care, skin-care and reproductive-health products, while its specialty-products division supplies sodium bicarbonate and related materials for industrial, agricultural, medical and food applications. The company is listed on the New York Stock Exchange and is a component of the S&P 500.
History
Origins
In 1846, brothers-in-law Austin Church and John Dwight began preparing sodium bicarbonate, commonly known as baking soda, for commercial distribution in Dwight's kitchen. John Dwight & Company was formally established the following year. In 1867, Church & Company adopted the arm-and-hammer logo previously used by Austin Church's son James for his Vulcan Spice Mills business. Church & Company and John Dwight & Company merged in 1896 to form Church & Dwight Co., Inc.
In 1970, the company introduced Arm & Hammer Powder Laundry Detergent, which it described as the first nationally distributed phosphate-free laundry detergent. The Arm & Hammer name was unrelated to industrialist Armand Hammer. In 1986, his company, Occidental Petroleum, received a 5-percent interest in Church & Dwight and a seat on its board as part of an agreement involving a potassium-carbonate plant.
2000s
On May 25, 2001, Church & Dwight acquired USA Detergents, adding the Xtra laundry-detergent and Nice 'n Fluffy fabric-softener brands.
On September 28, 2001, Church & Dwight and a partnership with Kelso & Company completed the acquisition of the consumer-products business of Carter-Wallace for $739 million. Church & Dwight acquired the Arrid antiperspirant and Lambert Kay pet-care businesses directly, while Armkel, its joint venture with Kelso, acquired brands including Trojan, Nair and First Response.
On October 20, 2003, Church & Dwight purchased the United States and Canadian rights to Unilever's Aim, Pepsodent, Mentadent and Close-Up oral-care brands. It paid approximately $104 million at closing and agreed to make additional performance-based payments.
The company acquired the Spinbrush battery-operated toothbrush business from Procter & Gamble on October 31, 2005. It paid $75 million at closing, with provisions for as much as $30 million in additional performance-based payments.
On August 7, 2006, Church & Dwight acquired substantially all the assets of Orange Glo International for approximately $325 million, adding the OxiClean, Kaboom and Orange Glo brands.
On July 7, 2008, the company acquired the over-the-counter pharmaceutical business of Del Pharmaceuticals from Coty for approximately $383 million, including fees. The acquired products included the Orajel brand of oral analgesics.
2010s
On October 1, 2012, Church & Dwight acquired Avid Health, the owner of the VitaFusion and L'il Critters gummy-vitamin brands, for approximately $650 million.
On January 4, 2016, the company acquired Spencer Forrest, the maker of Toppik hair-building fibers, for approximately $175 million.
Church & Dwight acquired Water Pik on August 7, 2017, for approximately $1.02 billion. The acquisition included Waterpik water flossers and replacement showerheads.
2020s
On December 1, 2020, Church & Dwight acquired Matrixx Initiatives, the owner of the Zicam cold-remedy brand, for $530 million.
The company completed its $580 million acquisition of the TheraBreath oral-care brand in December 2021.
On October 13, 2022, Church & Dwight acquired Hero Cosmetics, the developer of the Hero brand and its Mighty Patch acne-treatment products, in a transaction valued at approximately $630 million.
Richard Dierker became chief executive officer on April 2, 2025, succeeding Matthew Farrell upon Farrell's retirement.
On July 16, 2025, Church & Dwight completed its acquisition of Touchland, the developer of Touchland hand-sanitizer products. The agreement provided for approximately $700 million in upfront cash and restricted stock and as much as $180 million in additional payments based on the brand's 2025 sales.
Also in 2025, the company announced that it was exiting its Flawless, Spinbrush and Waterpik showerhead businesses. On December 31, it completed the sale of the VitaFusion and L'il Critters brands, related trademarks and licenses, and manufacturing and distribution facilities in Washington state to Piping Rock Health Products.
On May 28, 2026, Church & Dwight acquired the Miss Mouth's Messy Eater stain-removal brand for approximately $325 million.
Brands
Church & Dwight identifies Arm & Hammer, OxiClean, Batiste, Waterpik, TheraBreath, Hero and Touchland as its seven "power brands", which the company considers to have significant potential for international expansion. Together, the brands accounted for approximately 70 percent of the company's net sales and profits in 2025. Other recognized consumer brands include Trojan, First Response, Nair, Orajel, Xtra and Zicam.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
CHD Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
CHD 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 |
|---|---|
| Aug. 14, 2026 | $0.3080 |
| May 15, 2026 | $0.3080 |
| Feb. 13, 2026 | $0.3080 |
| Nov. 14, 2025 | $0.2950 |
| Aug. 15, 2025 | $0.2950 |
| May 15, 2025 | $0.2950 |
| Feb. 14, 2025 | $0.2950 |
| Nov. 15, 2024 | $0.2840 |
| Aug. 15, 2024 | $0.2840 |
| May 14, 2024 | $0.2840 |
| Feb. 14, 2024 | $0.2840 |
| Nov. 14, 2023 | $0.2730 |
| Aug. 14, 2023 | $0.2730 |
| May 12, 2023 | $0.2730 |
| Feb. 14, 2023 | $0.2730 |
| Nov. 14, 2022 | $0.2630 |
| Aug. 12, 2022 | $0.2630 |
| May 13, 2022 | $0.2630 |
| Feb. 14, 2022 | $0.2630 |
| Nov. 12, 2021 | $0.2530 |
CHD Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 6 23.1%
- Buy 7 26.9%
- Hold 11 42.3%
- Sell 2 7.7%
- Strong Sell 0 0.0%
12-Month Price Target
19 analysts · 2026-08-19Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.89 | $0.91 | -0.02% |
| March 31, 2026 | $0.95 | $0.94 | 0.01% |
| Dec. 31, 2025 | $0.86 | $0.84 | 0.01% |
| Sept. 30, 2025 | $0.81 | $0.74 | 0.07% |
| June 30, 2025 | $0.94 | $0.87 | 0.07% |
| March 31, 2025 | $0.91 | $0.91 | 0.00% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| CHD | — | 27.8 | 1.6% | 11.9% | 17.5% | 44.7% |
| PG | $340.77B | 22.2 | 3.3% | 18.4% | 29.8% | — |
| CL | $63.31B | 30.0 | 1.4% | 10.5% | 1603.0% | 60.1% |
| KMB | $33.49B | 16.6 | -2.1% | 12.3% | 172.6% | 36.0% |
| CLX | $11.54B | 19.8 | -5.4% | 8.7% | 285.6% | 42.3% |
| REYN | $4.82B | 16.0 | 0.70% | 8.1% | 13.7% | 24.6% |
| WDFC | $2.93B | 32.4 | 5.0% | 14.7% | 35.7% | 55.1% |
| CENT | — | 13.0 | -2.2% | 5.2% | 10.5% | 31.9% |
| SPB | — | 13.6 | -5.2% | — | — | — |
| ENR | $1.70B | 7.5 | 2.3% | 8.1% | 157.3% | 41.8% |
| ODC | $1.12B | 23.1 | 11.0% | 11.1% | 21.8% | 29.5% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.20B | $6.11B | $5.87B | $5.38B | $5.19B | $4.90B | $4.36B | · | $3.78B | $3.49B | $3.39B | |
| Cost of Revenue | $3.43B | $3.32B | $3.28B | $3.13B | $2.93B | $2.68B | $2.37B | · | $2.05B | $1.90B | $1.88B | |
| Gross Profit | $2.77B | $2.79B | $2.59B | $2.25B | $2.26B | $2.21B | $1.98B | · | $1.73B | $1.59B | $1.51B | |
| R&D Expense | $146M | $140M | $122M | $110M | $105M | $103M | $94M | · | $71M | $63M | $65M | |
| SG&A Expense | $988M | $928M | $890M | $706M | $607M | $593M | $629M | · | $543M | $439M | $420M | |
| Operating Income | $1.08B | $807M | $1.06B | $598M | $1.08B | $1.03B | $840M | · | $733M | $724M | $674M | |
| Interest Expense | $95M | $95M | $111M | $90M | $54M | $61M | $74M | · | $53M | $28M | $30M | |
| Interest Income | $24M | $26M | $13M | $4M | · | · | · | · | · | · | · | |
| Other Non-op | $-57M | $9M | $-800.0K | $-1M | $-2M | $-2M | $-1M | · | $-300.0K | $-2M | $-4M | |
| Pretax Income | $957M | $756M | $967M | $523M | $1.03B | $974M | $774M | · | $693M | $706M | $635M | |
| Income Tax | $220M | $171M | $212M | $109M | $204M | $188M | $158M | · | $-51M | $247M | $225M | |
| Net Income | $737M | $585M | $756M | $414M | $828M | $786M | $616M | · | $743M | $459M | $410M | |
| EPS (Basic) | $3.04 | $2.39 | $3.09 | $1.70 | $3.38 | $3.18 | $2.50 | · | $2.97 | $1.78 | $1.57 | |
| EPS (Diluted) | $3.02 | $2.37 | $3.05 | $1.68 | $3.32 | $3.12 | $2.44 | · | $2.90 | $1.75 | $1.54 | |
| Shares (Basic) | 242,700,000 | 244,400,000 | 244,900,000 | 242,900,000 | 244,900,000 | 246,800,000 | 246,200,000 | · | 250,600,000 | 257,600,000 | 262,200,000 | |
| Shares (Diluted) | 244,300,000 | 246,900,000 | 247,600,000 | 246,300,000 | 249,600,000 | 252,200,000 | 252,100,000 | · | 256,100,000 | 262,100,000 | 267,200,000 | |
| EBITDA | $1.32B | $1.05B | $1.28B | $817M | $1.30B | $1.22B | $1.02B | · | $858M | $832M | $775M |
Balance Sheet 27
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $409M | $964M | $344M | $270M | $241M | $183M | $156M | · | $279M | $188M | $330M | |
| Receivables | $593M | $601M | $527M | $422M | $406M | $399M | $356M | · | $346M | $287M | $276M | |
| Inventory | $535M | $613M | $613M | $647M | $535M | $495M | $417M | · | $331M | $258M | $274M | |
| Other Current Assets | $60M | $62M | $45M | $57M | $52M | $35M | $27M | · | $45M | $24M | $26M | |
| Current Assets | $1.60B | $2.24B | $1.53B | $1.40B | $1.23B | $1.11B | $956M | · | $1.00B | $757M | $906M | |
| PP&E (Net) | $823M | $932M | $928M | $761M | $653M | $613M | $598M | $563M | $608M | $589M | $610M | |
| PP&E (Gross) | $1.70B | $1.85B | $1.82B | $1.60B | $1.45B | $1.36B | $1.27B | · | $1.23B | $1.17B | $1.15B | |
| Accum. Depreciation | $874M | $920M | $890M | $840M | $800M | $749M | $693M | · | $619M | $577M | $535M | |
| Goodwill | $2.63B | $2.43B | $2.43B | $2.43B | $2.27B | $2.23B | $2.08B | · | $1.96B | $1.44B | $1.35B | |
| Intangibles | $3.51B | $2.89B | $3.30B | $3.43B | $3.49B | $3.11B | $2.75B | · | $2.32B | $1.43B | $1.27B | |
| Other Non-current Assets | $343M | $378M | $366M | $318M | $332M | $340M | $117M | $225M | $118M | $124M | $108M | |
| Total Assets | $8.91B | $8.88B | $8.57B | $8.35B | $8.00B | $7.41B | $6.66B | · | $6.01B | $4.35B | $4.26B | |
| Accounts Payable | $732M | $705M | $631M | $667M | $1.12B | $1.02B | $725M | $739M | $659M | $569M | $508M | |
| Short-term Debt | $0 | $0 | $4M | $74M | $253M | $351M | $253M | · | $271M | $427M | $357M | |
| Current Liabilities | $1.50B | $1.32B | $1.42B | $1.18B | $2.08B | $1.39B | $1.09B | · | $935M | $1.00B | $873M | |
| Capital Leases | $153M | $168M | $175M | $152M | $147M | $168M | $144M | · | · | · | · | |
| Deferred Tax | $887M | $669M | $743M | $757M | $745M | $707M | $576M | $581M | $561M | $512M | $485M | |
| Other Non-current Liabilities | $320M | $333M | $314M | $273M | $298M | $368M | $181M | $222M | $197M | $169M | $183M | |
| Total Liabilities | $4.91B | $4.52B | $4.71B | $4.86B | $4.76B | $4.39B | $3.99B | · | $3.80B | $2.38B | $2.23B | |
| Long-term Debt | $2.21B | $2.20B | $2.40B | $2.60B | $2.31B | $1.81B | $1.81B | · | $2.10B | · | $693M | |
| Total Debt | $2.21B | $2.20B | $2.41B | $2.67B | $2.56B | $2.16B | $2.06B | · | $2.37B | $1.12B | $1.05B | |
| Common Stock | $294M | $294M | $294M | $294M | $293M | $293M | $293M | · | $293M | $293M | $293M | |
| Retained Earnings | $6.77B | $6.32B | $6.01B | $5.52B | $5.37B | $4.79B | $3.83B | $3.85B | $3.48B | $2.93B | $2.65B | |
| Treasury Stock | $3.66B | $2.78B | $2.88B | $2.67B | $2.67B | $2.26B | $2.09B | · | $1.78B | $1.43B | $1.10B | |
| AOCI | $-20M | $-31M | $-27M | $-29M | $-68M | $-78M | $-67M | · | $-36M | $-64M | $-46M | |
| Stockholders' Equity | $4.00B | $4.36B | $3.86B | $3.49B | $3.23B | $3.02B | $2.67B | · | $2.22B | $1.98B | $2.02B | |
| Liabilities + Equity | $8.91B | $8.88B | $8.57B | $8.35B | $8.00B | $7.41B | $6.66B | · | $6.01B | $4.35B | $4.26B |
Cash Flow 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $247M | $239M | $225M | $219M | $219M | $190M | $176M | · | $125M | $108M | $101M | |
| Stock-based Comp | $58M | $59M | $64M | $32M | $24M | $22M | $21M | · | $18M | $16M | $16M | |
| Deferred Tax | $36M | $-82M | $-14M | $-118M | $20M | $26M | $6M | · | $-238M | $25M | $24M | |
| Amort. of Intangibles | $121M | $122M | $124M | $122M | $120 | $100M | $90M | · | $61M | $46M | $40M | |
| Other Non-cash | $147M | $355M | $0 | $338M | $-97M | $-32M | $46M | · | $32M | $48M | $55M | |
| Operating Cash Flow | $1.22B | $1.16B | $1.03B | $885M | $994M | $990M | $864M | · | $682M | $655M | $606M | |
| CapEx | $122M | $180M | $224M | $179M | $119M | $99M | $74M | · | $45M | $50M | $62M | |
| Investing Cash Flow | $-617M | $-183M | $-234M | $-729M | $-682M | $-608M | $-554M | · | $-1.30B | $-355M | · | |
| Debt Issued | · | $0 | $0 | $999M | $799M | $0 | $300M | · | $1.62B | $0 | $0 | |
| Net Debt Issued | $0 | $-205M | $-200M | $299M | $499M | $0 | $-300M | · | $-200M | $0 | $-250M | |
| Stock Repurchased | $900M | $0 | $300M | $0 | $500M | $300M | $250M | · | $400M | $400M | $363M | |
| Net Stock Activity | $-900M | $0 | $-300M | $0 | $-500M | $-300M | $-250M | · | $-400M | $-400M | $-363M | |
| Dividends Paid | $287M | $277M | $266M | $255M | $248M | $237M | $224M | · | $190M | $183M | $175M | |
| Financing Cash Flow | $-1.16B | $-343M | $-726M | $-121M | $-252M | $-360M | $-473M | · | $699M | $-440M | · | |
| Net Change in Cash | $-555M | $620M | $74M | $30M | $58M | $27M | $-161M | · | $91M | $-142M | $-93M | |
| Taxes Paid | $188M | · | · | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $1.09B | $976M | $807M | $706M | $875M | $891M | $791M | · | $636M | $606M | $544M | |
| Levered FCF | $1.02B | $903M | $720M | $636M | $831M | $842M | $732M | · | $580M | $587M | $525M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.7% | 45.7% | 44.1% | 41.9% | 43.6% | 45.2% | 45.5% | · | 45.8% | 45.5% | 44.5% | |
| Operating Margin | 17.4% | 13.2% | 18.0% | 11.1% | 20.8% | 21.0% | 19.3% | · | 19.4% | 20.7% | 19.9% | |
| Net Margin | 11.9% | 9.6% | 12.9% | 7.7% | 15.9% | 16.1% | 14.1% | · | 19.7% | 13.1% | 12.1% | |
| Pretax Margin | 15.4% | 12.4% | 16.5% | 9.7% | 19.9% | 19.9% | 17.8% | · | 18.3% | 20.2% | 18.7% | |
| EBITDA Margin | 21.4% | 17.1% | 21.9% | 15.2% | 25.0% | 24.9% | 23.3% | · | 22.7% | 23.8% | 22.8% | |
| ROA | 8.3% | 6.7% | 8.9% | 5.1% | 10.7% | 11.2% | 9.7% | · | 14.3% | 10.7% | 9.5% | |
| ROE | 17.5% | 13.7% | 19.1% | 11.5% | 24.5% | 25.2% | 23.6% | · | 35.6% | 22.4% | 20.2% | |
| ROIC | 13.4% | 9.5% | 13.2% | 7.7% | 14.9% | 16.0% | 14.1% | · | 17.1% | 15.2% | 14.2% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.1 | 1.7 | 1.1 | 1.2 | 0.6 | 0.8 | 0.9 | · | 1.1 | 0.8 | 1.0 | |
| Quick Ratio | 0.7 | 1.2 | 0.6 | 0.6 | 0.3 | 0.4 | 0.5 | · | 0.7 | 0.5 | 0.7 | |
| Debt / Equity | 0.6 | 0.5 | 0.6 | 0.8 | 0.8 | 0.7 | 0.8 | · | 1.1 | 0.6 | 0.5 | |
| LT Debt / Equity | 0.6 | 0.5 | 0.6 | 0.7 | 0.5 | 0.6 | 0.7 | · | 0.9 | 0.4 | 0.3 | |
| Interest Coverage | 11.3 | 8.5 | 9.5 | 6.7 | 19.8 | 16.9 | 11.4 | · | 13.9 | 26.1 | 22.1 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | · | 0.7 | 0.8 | 0.8 | |
| Inventory Turnover | 6.0 | 5.4 | 5.2 | 5.3 | 5.7 | 5.9 | 5.9 | · | 7.0 | 7.1 | 7.2 | |
| Receivables Turnover | 10.4 | 10.8 | 12.4 | 13.0 | 12.9 | 13.0 | 12.4 | · | 11.9 | 12.4 | 11.3 |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 1.6% | 4.1% | 9.2% | 3.6% | 6.0% | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 4.9% | 5.6% | 6.2% | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 4.9% | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 27.4% | -22.3% | 81.5% | -49.4% | 6.4% | · | · | · | · | · | · | |
| EPS CAGR 3Y | 21.6% | -10.6% | -0.75% | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | -0.65% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 25.9% | -22.5% | 82.6% | -50.0% | 5.3% | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 21.2% | -10.9% | -1.3% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | -1.3% | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 3.9% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 6
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $6.20B | $6.11B | $5.87B | $5.38B | $5.19B | $4.90B | $4.36B | · | $3.78B | $3.49B | $3.39B | |
| Net Income TTM | $737M | $585M | $756M | $414M | $828M | $786M | $616M | · | $743M | $459M | $410M | |
| P/E | 27.8 | 44.2 | 31.0 | 48.0 | 30.9 | 28.0 | 28.8 | · | 17.3 | 25.3 | 27.6 | |
| Earnings Yield | 3.6% | 2.3% | 3.2% | 2.1% | 3.2% | 3.6% | 3.5% | · | 5.8% | 4.0% | 3.6% | |
| Payout Ratio | 39.0% | 47.3% | 35.3% | 61.6% | 29.9% | 30.2% | 36.4% | · | 25.6% | 39.9% | 42.7% | |
| Annual Payout | $287M | $277M | $266M | $255M | $248M | $237M | $224M | · | $190M | $183M | $175M |
Income Statement 17
| 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 | $1.53B | $1.47B | $1.64B | $1.59B | $1.51B | $1.47B | $1.58B | $1.51B | $1.51B | $1.50B | $1.53B | $1.46B | $1.45B | $1.43B | $1.44B | $1.32B | |
| Cost of Revenue | $836M | $788M | $890M | $871M | $859M | $808M | $874M | $828M | $799M | $816M | $847M | $810M | $815M | $808M | $834M | $768M | |
| Gross Profit | $694M | $681M | $754M | $714M | $647M | $660M | $708M | $683M | $712M | $687M | $681M | $646M | $639M | $622M | $602M | $550M | |
| R&D Expense | $34M | $32M | $41M | $36M | $36M | $33M | $41M | $36M | $33M | $30M | $35M | $30M | $30M | $27M | $29M | $29M | |
| SG&A Expense | $252M | $251M | $276M | $257M | $228M | $228M | $243M | $232M | $223M | $230M | $246M | $223M | $213M | $208M | $200M | $155M | |
| Operating Income | $276M | $291M | $266M | $255M | $262M | $295M | $257M | $-92M | $337M | $305M | $216M | $256M | $294M | $292M | $-198M | $254M | |
| Interest Expense | $24M | $24M | $25M | $24M | $24M | $23M | $23M | $23M | $23M | $25M | $27M | $27M | $28M | $29M | $30M | $24M | |
| Interest Income | $1M | $2M | $2M | $3M | $9M | $9M | $8M | $11M | $4M | $3M | $6M | $4M | · | · | · | · | |
| Other Non-op | $-400.0K | $800.0K | $-57M | $300.0K | $300.0K | $-800.0K | $9M | $-100.0K | $-100.0K | $-400.0K | $-3M | $-800.0K | $2M | $1M | $-2M | $600.0K | |
| Pretax Income | $256M | $273M | $188M | $236M | $250M | $282M | $253M | $-101M | $320M | $284M | $195M | $234M | $269M | $269M | $-224M | $234M | |
| Income Tax | $53M | $56M | $45M | $54M | $60M | $62M | $64M | $-26M | $77M | $56M | $42M | $56M | $48M | $66M | $-59M | $47M | |
| Net Income | $203M | $216M | $144M | $182M | $191M | $220M | $189M | $-75M | $244M | $228M | $154M | $178M | $221M | $203M | $-165M | $187M | |
| EPS (Basic) | $0.86 | $0.91 | $0.61 | $0.75 | $0.78 | $0.90 | $0.76 | $-0.31 | $1.00 | $0.94 | $0.64 | $0.72 | $0.90 | $0.83 | $-0.68 | $0.77 | |
| EPS (Diluted) | $0.85 | $0.91 | $0.60 | $0.75 | $0.78 | $0.89 | $0.76 | $-0.31 | $0.99 | $0.93 | $0.63 | $0.71 | $0.89 | $0.82 | $-0.67 | $0.76 | |
| Shares (Basic) | 236,700,000 | 236,500,000 | -489,600,000 | 241,800,000 | 244,700,000 | 245,800,000 | -487,900,000 | 244,600,000 | 244,300,000 | 243,400,000 | -489,900,000 | 246,000,000 | 245,000,000 | 243,800,000 | -485,100,000 | 242,800,000 | |
| Shares (Diluted) | 238,200,000 | 238,100,000 | -493,300,000 | 243,200,000 | 246,400,000 | 248,000,000 | -490,800,000 | 244,600,000 | 247,000,000 | 246,100,000 | -495,800,000 | 248,700,000 | 247,900,000 | 246,800,000 | -492,800,000 | 246,000,000 | |
| EBITDA | $276M | $354M | · | $319M | $318M | $356M | · | $-92M | $337M | $305M | · | $256M | $294M | $292M | · | $254M |
Balance Sheet 27
| 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 | $255M | $503M | $409M | $305M | $923M | $1.07B | $964M | $752M | $492M | $350M | · | $573M | $397M | $203M | · | $438M | |
| Receivables | $597M | $577M | $593M | $606M | $611M | $598M | $601M | $555M | $588M | $545M | · | $461M | $461M | $429M | · | $391M | |
| Inventory | $602M | $578M | $535M | $647M | $622M | $632M | $613M | $658M | $627M | $595M | · | $672M | $675M | $653M | · | $675M | |
| Other Current Assets | $68M | $62M | $60M | $72M | $73M | $55M | $62M | $51M | $48M | $44M | · | $39M | $43M | $50M | · | $60M | |
| Current Assets | $1.52B | $1.72B | $1.60B | $1.63B | $2.23B | $2.36B | $2.24B | $2.02B | $1.76B | $1.53B | · | $1.74B | $1.58B | $1.33B | · | $1.56B | |
| PP&E (Net) | $826M | $824M | $823M | $938M | $924M | $929M | $932M | $915M | $944M | $939M | · | $862M | $802M | $772M | · | $716M | |
| PP&E (Gross) | $1.74B | $1.72B | $1.70B | $1.89B | $1.87B | $1.87B | $1.85B | $1.83B | $1.84B | $1.82B | · | $1.75B | $1.68B | $1.63B | · | $1.55B | |
| Accum. Depreciation | $913M | $892M | $874M | $957M | $944M | $940M | $920M | $914M | $895M | $878M | · | $887M | $873M | $856M | · | $836M | |
| Goodwill | $2.65B | $2.63B | $2.63B | $2.64B | $2.43B | $2.43B | $2.43B | $2.43B | $2.43B | $2.43B | $2.43B | $2.43B | $2.43B | $2.43B | $2.43B | $2.27B | |
| Intangibles | $3.74B | $3.48B | $3.51B | $3.55B | $2.82B | $2.86B | $2.89B | $2.92B | $3.24B | $3.27B | · | $3.34B | $3.37B | $3.40B | · | $3.40B | |
| Other Non-current Assets | $352M | $343M | $343M | $378M | $374M | $364M | $378M | $369M | $373M | $373M | · | $312M | $317M | $315M | · | $320M | |
| Total Assets | $9.11B | $9.01B | $8.91B | $9.14B | $8.79B | $8.96B | $8.88B | $8.67B | $8.76B | $8.56B | · | $8.70B | $8.51B | $8.27B | · | $8.29B | |
| Accounts Payable | $776M | $730M | $732M | $773M | $703M | $701M | $705M | $706M | $673M | $647M | · | $692M | $678M | $1.05B | · | $1.03B | |
| Short-term Debt | $50M | · | $0 | · | · | · | · | $3M | $6M | $4M | · | $4M | $4M | $19M | · | $3M | |
| Current Liabilities | $1.33B | $1.41B | $1.50B | $1.50B | $1.21B | $1.21B | $1.32B | $1.25B | $1.15B | $1.15B | · | $1.19B | $1.12B | $1.13B | · | $1.45B | |
| Capital Leases | $147M | $147M | $153M | $168M | $174M | $168M | $168M | $171M | $177M | $184M | · | $141M | $146M | $149M | · | $156M | |
| Deferred Tax | $894M | $892M | $887M | $884M | $653M | $665M | $669M | $659M | $742M | $744M | · | $753M | $754M | $756M | · | $739M | |
| Other Non-current Liabilities | $330M | $310M | $320M | $332M | $327M | $327M | $333M | $326M | $324M | $330M | · | $270M | $281M | $274M | · | $272M | |
| Total Liabilities | $4.76B | $4.82B | $4.91B | $4.92B | $4.39B | $4.40B | $4.52B | $4.47B | $4.46B | $4.46B | · | $4.65B | $4.60B | $4.60B | · | $4.60B | |
| Long-term Debt | $2.21B | $2.21B | $2.21B | $2.20B | $2.21B | $2.21B | $2.20B | $2.21B | $2.21B | $2.20B | · | · | · | · | · | $2.50B | |
| Total Debt | $2.26B | $2.21B | · | $2.20B | $2.21B | $2.21B | · | $2.21B | $2.21B | $2.21B | · | $2.41B | $2.40B | $2.42B | · | $2.51B | |
| Common Stock | $294M | $294M | $294M | $294M | $294M | $294M | $294M | $294M | $294M | $294M | · | $294M | $294M | $294M | · | $293M | |
| Retained Earnings | $7.04B | $6.91B | $6.77B | $6.70B | $6.59B | $6.47B | $6.32B | $6.20B | $6.35B | $6.17B | · | $5.93B | $5.82B | $5.66B | · | $5.75B | |
| Treasury Stock | $3.65B | $3.66B | $3.66B | $3.37B | $3.04B | $2.77B | $2.78B | $2.82B | $2.82B | $2.83B | · | $2.58B | $2.59B | $2.65B | · | $2.67B | |
| AOCI | $-14M | $-17M | $-20M | $-20M | $-18M | $-26M | $-31M | $-18M | $-29M | $-29M | · | $-29M | $-28M | $-26M | $-29M | $-46M | |
| Stockholders' Equity | $4.35B | $4.19B | $4.00B | $4.22B | $4.39B | $4.55B | $4.36B | $4.19B | $4.31B | $4.10B | $3.86B | $4.05B | $3.91B | $3.67B | $3.49B | $3.69B | |
| Liabilities + Equity | $9.11B | $9.01B | $8.91B | $9.14B | $8.79B | $8.96B | $8.88B | $8.67B | $8.76B | $8.56B | · | $8.70B | $8.51B | $8.27B | · | $8.29B |
Cash Flow 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | · | $63M | $66M | $64M | $57M | $61M | $62M | $60M | $60M | $58M | · | · | · | · | · | · | |
| Stock-based Comp | $17M | $26M | $14M | $14M | $10M | $21M | $9M | $10M | $11M | $29M | $12M | $12M | $14M | $26M | $10M | $4M | |
| Deferred Tax | $-100.0K | $4M | $4M | $44M | $-9M | $-4M | $10M | $-85M | $-6M | $-1M | $-8M | $-4M | $-300.0K | $-2M | $-105M | $-15M | |
| Amort. of Intangibles | $34M | $34M | $34M | $33M | $25M | $29M | $29M | $31M | $31M | $31M | $31M | $31M | $31M | $31M | $34M | $29M | |
| Other Non-cash | · | $-269M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Operating Cash Flow | $287M | $175M | · | · | $231M | $186M | $292M | $364M | $237M | $263M | $236M | $286M | $236M | $273M | $351M | $224M | |
| CapEx | $30M | $32M | $55M | $28M | $22M | $16M | $55M | $49M | $30M | $46M | $102M | $58M | $38M | $25M | $81M | $59M | |
| Investing Cash Flow | $-328M | $-34M | $108M | $-686M | $-23M | $-17M | $-45M | $-47M | $-45M | $-47M | $-106M | $-59M | $-40M | $-30M | $-628M | $-61M | |
| Debt Issued | · | · | · | · | · | · | · | · | · | · | · | $0 | · | · | $499M | $0 | |
| Net Debt Issued | · | · | · | · | · | $0 | · | · | · | $-200M | · | · | · | $-200M | · | · | |
| Stock Repurchased | · | · | $300M | $300M | · | · | $0 | $0 | · | · | · | · | · | · | $0 | · | |
| Dividends Paid | $73M | $73M | $71M | $71M | $73M | $72M | $70M | $69M | $69M | $69M | $67M | $67M | $67M | $66M | $64M | $64M | |
| Financing Cash Flow | $-207M | $-45M | $-368M | $-367M | $-366M | $-61M | $-25M | $-61M | $-48M | $-209M | $-363M | $-48M | $-4M | $-312M | $105M | $-358M | |
| Net Change in Cash | $-249M | $94M | $104M | $-618M | $-151M | $110M | $212M | $260M | $142M | $5M | $-229M | $176M | $194M | $-68M | $-167M | $-202M | |
| Free Cash Flow | · | $143M | · | · | · | · | · | · | · | $217M | · | · | · | $248M | · | · | |
| Levered FCF | · | $124M | · | · | · | · | · | · | · | $197M | · | · | · | $226M | · | · |
Profitability 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.4% | 46.4% | · | 45.1% | 43.0% | 45.0% | · | 45.2% | 47.1% | 45.7% | · | 44.4% | 43.9% | 43.5% | · | 41.7% | |
| Operating Margin | 18.1% | 19.8% | · | 16.1% | 17.4% | 20.1% | · | -6.1% | 22.3% | 20.3% | · | 17.6% | 20.2% | 20.4% | · | 19.3% | |
| Net Margin | 13.2% | 14.7% | · | 11.5% | 12.7% | 15.0% | · | -5.0% | 16.1% | 15.2% | · | 12.2% | 15.2% | 14.2% | · | 14.2% | |
| Pretax Margin | 16.7% | 18.6% | · | 14.9% | 16.6% | 19.2% | · | -6.7% | 21.2% | 18.9% | · | 16.1% | 18.5% | 18.8% | · | 17.8% | |
| EBITDA Margin | 18.1% | 24.1% | · | 20.1% | 21.1% | 24.3% | · | -6.1% | 22.3% | 20.3% | · | 17.6% | 20.2% | 20.4% | · | 19.3% | |
| ROA | 2.3% | 2.4% | · | 2.1% | 2.2% | 2.5% | · | -0.86% | 2.8% | 2.7% | · | 2.1% | 2.6% | 2.5% | · | 2.4% | |
| ROE | 4.6% | 5.0% | · | 4.3% | 4.4% | 5.1% | · | -1.8% | 5.9% | 5.9% | · | 4.6% | 5.9% | 5.8% | · | 5.2% | |
| ROIC | 3.3% | 3.6% | · | 3.1% | 3.0% | 3.4% | · | -1.1% | 3.9% | 3.9% | · | 3.0% | 3.8% | 3.6% | · | 3.3% |
Liquidity & Solvency 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.1 | 1.2 | · | 1.1 | 1.8 | 2.0 | · | 1.6 | 1.5 | 1.3 | · | 1.5 | 1.4 | 1.2 | · | 1.1 | |
| Quick Ratio | 0.6 | 0.8 | · | 0.6 | 1.3 | 1.4 | · | 1.0 | 0.9 | 0.8 | · | 0.9 | 0.8 | 0.6 | · | 0.6 | |
| Debt / Equity | 0.5 | 0.5 | · | 0.5 | 0.5 | 0.5 | · | 0.5 | 0.5 | 0.5 | · | 0.6 | 0.6 | 0.7 | · | 0.7 | |
| LT Debt / Equity | 0.5 | 0.5 | · | 0.5 | 0.5 | 0.5 | · | 0.5 | 0.5 | 0.5 | · | 0.6 | 0.6 | 0.7 | · | 0.6 | |
| Interest Coverage | 11.4 | 12.1 | · | 10.7 | 11.1 | 12.7 | · | -3.9 | 14.5 | 12.2 | · | 9.4 | 10.5 | 10.1 | · | 10.7 |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | |
| Inventory Turnover | 1.4 | 1.3 | · | 1.3 | 1.4 | 1.3 | · | 1.2 | 1.2 | 1.3 | · | 1.2 | 1.2 | 1.3 | · | 1.3 | |
| Receivables Turnover | 2.5 | 2.5 | · | 2.7 | 2.5 | 2.6 | · | 3.0 | 2.9 | 3.1 | · | 3.4 | 3.4 | 3.4 | · | 3.3 |
Valuation (TTM) 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $6.09B | $6.03B | · | $6.07B | $6.00B | $5.99B | · | $5.98B | $5.92B | $5.84B | · | $5.66B | $5.53B | $5.37B | · | $5.25B | |
| Net Income TTM | $792M | $810M | · | $518M | $580M | $616M | · | $574M | $870M | $830M | · | $789M | $799M | $782M | · | $809M | |
| P/E | 29.4 | 28.0 | · | 41.5 | 40.9 | 44.0 | · | 45.1 | 29.5 | 31.1 | · | 28.8 | 31.0 | 27.9 | · | 21.8 | |
| Earnings Yield | 3.4% | 3.6% | · | 2.4% | 2.5% | 2.3% | · | 2.2% | 3.4% | 3.2% | · | 3.5% | 3.2% | 3.6% | · | 4.6% | |
| Payout Ratio | · | 33.7% | · | · | · | 32.9% | · | · | · | 30.3% | · | · | · | 32.6% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $6.20B | $6.11B | $5.87B | $5.38B | $5.19B |
| Gross Margin % | 44.7% | 45.7% | 44.1% | 41.9% | 43.6% |
| Operating Margin % | 17.4% | 13.2% | 18.0% | 11.1% | 20.8% |
| Net Income | $737M | $585M | $756M | $414M | $828M |
| Diluted EPS | $3.02 | $2.37 | $3.05 | $1.68 | $3.32 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.6 | 0.5 | 0.6 | 0.8 | 0.8 |
| Current Ratio | 1.1 | 1.7 | 1.1 | 1.2 | 0.6 |
| Quick Ratio | 0.7 | 1.2 | 0.6 | 0.6 | 0.3 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $1.09B | $976M | $807M | $706M | $875M |
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Institutional owners (13F) 1,141 filers · $15.9B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 109 (-29 vs prior Q) | 85 (-4 vs prior Q) | 333 (+2 vs prior Q) | 396 (+12 vs prior Q) | +40.4M |
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 | $2,400,957,378 | 28,633,958 | 15.14% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $1,502,126,725 | 15,505,024 | 9.47% | Shares |
| STATE STREET CORP | $1,361,001,823 | 14,048,326 | 8.58% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1,274,939,928 | 13,159,991 | 8.04% | Shares |
| Capital International Investors | $720,666,102 | 7,437,319 | 4.54% | Shares |
| Fundsmith LLP | $625,518,702 | 6,456,634 | 3.94% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $537,162,716 | 5,569,826 | 3.39% | Shares |
| NORGES BANK | $310,237,758 | 3,202,289 | 1.96% | Shares |
| NEUBERGER BERMAN GROUP LLC | $293,253,651 | 3,026,978 | 1.85% | Shares |
| FUNDSMITH INVESTMENT SERVICES LTD. | $245,808,102 | 2,537,243 | 1.55% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $218,382,440 | 2,254,154 | 1.38% | Shares |
| Holocene Advisors, LP | $201,117,358 | 2,075,943 | 1.27% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $194,611,305 | 2,008,788 | 1.23% | Shares |
| ProShare Advisors LLC | $171,332,570 | 1,768,503 | 1.08% | Shares |
| GOLDMAN SACHS GROUP INC | $164,336,381 | 1,696,288 | 1.04% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $153,937,282 | 1,588,948 | 0.97% | Shares |
| Balyasny Asset Management L.P. | $148,888,672 | 1,536,836 | 0.94% | Shares |
| FIL Ltd | $143,435,296 | 1,480,546 | 0.90% | Shares |
| BANK OF AMERICA CORP /DE/ | $140,202,508 | 1,447,177 | 0.88% | Shares |
| SATURNA CAPITAL CORP | $132,218,484 | 1,338,490 | 0.83% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $128,969,272 | 1,331,227 | 0.81% | Shares |
| REIK & CO., LLC | $106,464,532 | 1,098,932 | 0.67% | Shares |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | $101,447,687 | 1,047,147 | 0.64% | Shares |
| Caisse de depot et placement du Quebec | $97,309,760 | 1,004,436 | 0.61% | Shares |
| AMERICAN CENTURY COMPANIES INC | $96,180,042 | 992,775 | 0.61% | Shares |
| CITADEL ADVISORS LLC | $91,066,231 | 939,990 | 0.57% | Shares |
| Ensign Peak Advisors, Inc | $85,969,278 | 887,379 | 0.54% | Shares |
| MILLENNIUM MANAGEMENT LLC | $78,150,577 | 806,674 | 0.49% | Shares |
| Candlestick Capital Management LP | $75,506,477 | 861,651 | 0.48% | Shares |
| Swiss National Bank | $64,715,840 | 668,000 | 0.41% | Shares |
| TWO SIGMA ADVISERS, LP | $61,101,495 | 728,700 | 0.39% | Shares |
| Life Cycle Investment Partners Ltd | $60,210,145 | 621,492 | 0.38% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $60,096,214 | 620,316 | 0.38% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $60,041,477 | 619,751 | 0.38% | Shares |
| COMPASS CAPITAL MANAGEMENT, INC | $53,721,360 | 554,514 | 0.34% | Shares |
| Legal & General Group Plc | $53,698,841 | 554,282 | 0.34% | Shares |
| Tandem Investment Advisors, Inc. | $53,263,655 | 549,790 | 0.34% | Shares |
| World Investment Advisors | $52,146,124 | 558,779 | 0.33% | Shares |
| AMI ASSET MANAGEMENT CORP | $51,623,620 | 532,861 | 0.33% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $51,018,849 | 526,619 | 0.32% | Shares |
| Vanguard Global Advisers, LLC | $50,043,170 | 516,548 | 0.32% | Shares |
| Vest Financial, LLC | $49,754,080 | 513,564 | 0.31% | Shares |
| NOMURA ASSET MANAGEMENT CO LTD | $48,754,957 | 503,251 | 0.31% | Shares |
| BlackRock, Inc. | $48,066,237 | 496,142 | 0.30% | Shares |
| FMR LLC | $46,650,977 | 481,534 | 0.29% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $45,957,535 | 462,060 | 0.29% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $45,648,984 | 471,191 | 0.29% | Shares |
| RHUMBLINE ADVISERS | $43,015,709 | 444,011 | 0.27% | Shares |
| FIRST TRUST ADVISORS LP | $42,615,582 | 439,880 | 0.27% | Shares |
| California Public Employees Retirement System | $40,650,170 | 419,593 | 0.26% | Shares |
| WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC | $40,495,121 | 417,993 | 0.26% | Shares |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $39,834,537 | 411,174 | 0.25% | Shares |
| LONDON CO OF VIRGINIA | $38,164,326 | 393,934 | 0.24% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $37,013,792 | 396,633 | 0.23% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $35,052,540 | 361,814 | 0.22% | Shares |
| Welch & Forbes LLC | $34,592,567 | 357,066 | 0.22% | Shares |
| Night Squared LP | $34,367,211 | 354,740 | 0.22% | Shares |
| MONTRUSCO BOLTON INVESTMENTS INC. | $34,332,335 | 354,380 | 0.22% | Shares |
| BARCLAYS PLC | $34,266,360 | 353,699 | 0.22% | Shares |
| Capital International, Inc./CA/ | $32,894,926 | 339,543 | 0.21% | Shares |
| RAYMOND JAMES FINANCIAL INC | $31,910,441 | 329,381 | 0.20% | Shares |
| ROYAL BANK OF CANADA | $31,205,000 | 322,095 | 0.20% | Shares |
| ALLIANCEBERNSTEIN L.P. | $29,348,207 | 314,490 | 0.19% | Shares |
| BLAIR WILLIAM & CO/IL | $28,643,635 | 295,661 | 0.18% | Shares |
| KLP KAPITALFORVALTNING AS | $28,366,464 | 292,800 | 0.18% | Shares |
| Investment Management Corp of Ontario | $27,622,813 | 285,124 | 0.17% | Shares |
| BDF-GESTION | $26,951,900 | 21,694 | 0.17% | Shares |
| Norinchukin Bank, The | $26,937,000 | 278,045 | 0.17% | Shares |
| FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND | $26,471,781 | 273,243 | 0.17% | Shares |
| TAURUS ASSET MANAGEMENT, LLC | $25,686,742 | 233,325 | 0.16% | Shares |
| ROFFMAN MILLER ASSOCIATES INC /PA/ | $25,569,282 | 263,927 | 0.16% | Shares |
| Candriam S.C.A. | $25,080,264 | 259,129 | 0.16% | Shares |
| Mitsubishi UFJ Trust & Banking Corp | $23,761,564 | 245,268 | 0.15% | Shares |
| Quantinno Capital Management LP | $23,621,872 | 243,826 | 0.15% | Shares |
| Fiduciary Trust Co | $21,650,936 | 223,482 | 0.14% | Shares |
| Interval Partners, LP | $21,372,600 | 220,609 | 0.13% | Shares |
| Woodline Partners LP | $20,977,426 | 216,530 | 0.13% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $20,888,006 | 215,607 | 0.13% | Shares |
| MACKENZIE FINANCIAL CORP | $20,847,704 | 215,191 | 0.13% | Shares |
| GENEVA CAPITAL MANAGEMENT LLC | $20,485,257 | 211,450 | 0.13% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $20,217,403 | 208,685 | 0.13% | Shares |
| LPL Financial LLC | $20,076,225 | 207,227 | 0.13% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $19,957,432 | 206,002 | 0.13% | Shares |
| STOREBRAND ASSET MANAGEMENT AS | $19,883,651 | 205,240 | 0.13% | Shares |
| LBP AM SA | $19,762,939 | 203,994 | 0.12% | Shares |
| ROYAL LONDON ASSET MANAGEMENT LTD | $19,648,427 | 202,812 | 0.12% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $19,635,638 | 202,680 | 0.12% | Shares |
| Fisher Asset Management, LLC | $19,483,686 | 201,111 | 0.12% | Shares |
| HighTower Advisors, LLC | $19,394,289 | 200,189 | 0.12% | Shares |
| Paradiem, LLC | $19,216,536 | 198,354 | 0.12% | Shares |
| Gotham Asset Management, LLC | $18,283,387 | 188,722 | 0.12% | Shares |
| FRANKLIN RESOURCES INC | $18,270,115 | 188,585 | 0.12% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $17,371,843 | 179,313 | 0.11% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $17,293,371 | 178,503 | 0.11% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $16,786,785 | 173,274 | 0.11% | Shares |
| UBS Group AG | $16,632,843 | 171,685 | 0.10% | Shares |
| Covea Finance | $16,337,940 | 168,641 | 0.10% | Shares |
| Swedbank AB | $16,073,555 | 165,912 | 0.10% | Shares |
| Midwest Trust Co | $16,053,694 | 165,707 | 0.10% | Shares |
| WESTWOOD HOLDINGS GROUP INC | $15,819,244 | 163,287 | 0.10% | Shares |
Company insiders 64 insiders · 33 officers · 24 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Lee B Mcchesney | EVP, Chief Financial Officer | March 24, 2026 F | 1,368 | 0 | 0 | $0 |
| Charles R Raup | President US Domestic | June 25, 2026 F | 9,847 | 0 | 0 | $0 |
| Bradley A Casper | President-Personal Care Domest | June 14, 2004 A | — | 0 | 0 | $0 |
| Joseph A Sipia JR | Executive VP, Pres. & COO SPD | Feb. 29, 2012 I | 15,120 | 0 | 0 | $0 |
| Joseph James Longo | VP, Controller and CAO | May 1, 2026 F | 407 | 0 | 0 | $0 |
| Mark J Magazine | EVP Chief Commercial Officer | March 9, 2026 A | 1,519 | 0 | 0 | $0 |
| Rabago Carlos Ruiz | EVP Chief Supply Chain Officer | March 9, 2026 A | 38 | 0 | 0 | $0 |
| Kevin Gokey | EVP Chief Information Officer | March 9, 2026 A | 4,234 | 0 | 0 | $0 |
| Surabhi Pokhriyal | EVP Chief Digital Growth Offic | March 9, 2026 A | 66 | 0 | 0 | $0 |
| Rene Hemsey | EVP, Chief HR Officer | March 9, 2026 A | 5,074 | 0 | 0 | $0 |
| Patrick D De Maynadier | EVP, Gen. Counsel & Secretary | March 9, 2026 A | 727 | 0 | 0 | $0 |
| Raman Bajaj | EVP Chief Tech & Analytics Off | March 2, 2026 A | 16,590 | 0 | 0 | $0 |
| Michael Read | EVP, International | March 2, 2026 A | 1,598 | 0 | 0 | $0 |
| Carlen Hooker | EVP, Chief Commercial Officer | June 16, 2025 M | 262 | 0 | 0 | $0 |
| Rick Spann | EVP Chief Supply Chain Officer | March 7, 2025 F | 59 | 0 | 0 | $0 |
| Barry A. Bruno | EVP, Chf Mktng Offcr Pres CD | Sept. 30, 2024 A | 4,319 | 0 | 0 | $0 |
| Paul Richard Wood | EVP Chief Commercial Officer | March 31, 2023 A | 120 | 0 | 0 | $0 |
| Britta Bomhard | EVP | Dec. 31, 2021 A | 4,283 | 0 | 0 | $0 |
| CUGINE STEVEN P | EVP New Products & Pres Int'l | June 14, 2021 A | 6,958 | 0 | 0 | $0 |
| Steven J Katz | VP, Controller and CAO | Aug. 13, 2020 I | 0 | 0 | 0 | $0 |
| Judy A. Zagorski | EVP | June 15, 2020 A | 32,522 | 0 | 0 | $0 |
| Louis Tursi | Executive VP, Consumer Sales | Aug. 17, 2018 I | 35,054 | 0 | 0 | $0 |
| CONISH MARK G | Executive VP | June 30, 2017 A | 10,141 | 0 | 0 | $0 |
| James L Levine | VP, Global Human Resources | June 20, 2016 A | 5,262 | 0 | 0 | $0 |
| Bruce F Fleming | Executive V.P., CMO | Dec. 31, 2015 A | 12,602 | 0 | 0 | $0 |
| Jacquelin J Brova | Executive V.P. | June 30, 2015 A | 12,534 | 0 | 0 | $0 |
| Susan Ott | EVP, Global Human Resources | April 30, 2015 A | — | 0 | 0 | $0 |
| Adrian Huns | Executive VP | Sept. 6, 2013 I | 3,058 | 0 | 0 | $0 |
| Susan E Goldy | Exec. VP, Advisory Counsel | Dec. 30, 2011 A | 15,575 | 0 | 0 | $0 |
| HALKER GARY P | Vice President Finance and Tre | Feb. 28, 2007 S | 1,580 | 0 | 0 | $0 |
| ZVI EIREF | Vice President | Nov. 9, 2006 M | 318,136 | 0 | 0 | $0 |
| MOORE DENNIS M | Vice President Human Resources | June 22, 2005 M | 0 | 0 | 0 | $0 |
| KORNHAUSER HENRY | Vice President - Advertising | Dec. 2, 2004 M | 11,447 | 0 | 0 | $0 |
| Brad Cashaw | Director | July 1, 2026 A | 920 | 0 | 0 | $0 |
| Janet S. Vergis | Director | July 1, 2026 A | 21,188 | 0 | 1 | $-1,308,960 |
| Penry W Price | Director | July 1, 2026 A | 33,321 | 0 | 2 | $-1,269,426 |
| Michael R Smith | Director | July 1, 2026 A | 920 | 0 | 0 | $0 |
| Robert K Shearer | Director | July 1, 2026 A | 39,278 | 0 | 1 | $-842,542 |
| Ravichandra Krishnamurty Saligram | Director | June 10, 2026 M | 13,653 | 0 | 1 | $-1,270,080 |
| Susan G Saideman | Director | May 4, 2026 A | 920 | 0 | 0 | $0 |
| Laurie Yoler | Director | May 4, 2026 A | 920 | 0 | 0 | $0 |
| Matthew Farrell | Director | May 2, 2025 A | 860 | 0 | 0 | $0 |
| James Craigie | Director | June 13, 2022 A | 9,832 | 0 | 0 | $0 |
| LEBLANC ROBERT D | Director | Aug. 29, 2019 G | 45,766 | 0 | 0 | $0 |
| Thelma R Albright | Director | June 29, 2018 A | 0 | 0 | 0 | $0 |
| Rosina B Dixon | Director | June 30, 2014 A | 106,783 | 0 | 0 | $0 |
| DAVIES ROBERT A III | Director | Feb. 24, 2011 M | 15,000 | 0 | 0 | $0 |
| Jeffrey A Levick | Director | Dec. 9, 2010 A | — | 0 | 0 | $0 |
| LEAMAN J R JR | Director | June 30, 2010 A | 45,455 | 0 | 0 | $0 |
| MCCABE ROBERT A | Director | March 31, 2009 A | 2,258 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 4 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 | Jan. 18, 2002 | — | Initial filing | Passive investment | SEC |
| April 5, 2001 | — | Initial filing | — | SEC | |
| Feb. 21, 2001 | — | Initial filing | — | SEC | |
| Undisclosed reporting person | Feb. 20, 2001 | — | Initial filing | — | 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 180 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 |
|---|---|---|---|---|
| PSL · Invesco Exchange-Traded Fund Trust | 4.76% | 38,991 SH | Aug. 8, 2026 | Daily |
| RSPS · Invesco Exchange-Traded Fund Trust | 3.03% | 72,506 SH | Aug. 8, 2026 | Daily |
| UPGD · Invesco Exchange-Traded Fund Trust | 2.00% | 23,598 SH | Aug. 8, 2026 | Daily |
| KNG · First Trust Exchange-Traded Fund IV | 1.52% | 526,006 NS | April 30, 2026 | N-PORT |
| NOBL · ProShares Trust | 1.50% | 1,740,449 NS | May 31, 2026 | N-PORT |
| IYK · iShares Trust | 1.11% | 153,469 SH | Aug. 8, 2026 | Daily |
| NUMV · Nushares ETF Trust | 1.03% | 45,962 NS | April 30, 2026 | N-PORT |
| SPLV · Invesco Exchange-Traded Fund Trust … | 0.91% | 633,900 SH | Aug. 8, 2026 | Daily |
| VDC · VANGUARD WORLD FUND | 0.91% | 866,766 SH | Aug. 8, 2026 | Daily |
| ALTL · Pacer Funds Trust | 0.88% | 8,771 NS | April 30, 2026 | N-PORT |
| FSTA · FIDELITY COVINGTON TRUST | 0.87% | 129,615 NS | April 30, 2026 | N-PORT |
| VFMV · VANGUARD WELLINGTON FUND | 0.83% | 35,969 SH | Aug. 8, 2026 | Daily |
| UGE · ProShares Trust | 0.82% | 1,008 NS | May 31, 2026 | N-PORT |
| UPSD · ETF Series Solutions | 0.81% | 8,462 NS | April 30, 2026 | N-PORT |
| GXPS · Global X Funds | 0.76% | 4,728 NS | May 31, 2026 | N-PORT |
| KXI · iShares Trust | 0.64% | 65,701 SH | Aug. 8, 2026 | Daily |
| ESMV · iShares Trust | 0.63% | 482 SH | Aug. 8, 2026 | Daily |
| USMV · iShares Trust | 0.60% | 1,399,513 SH | Aug. 8, 2026 | Daily |
| SNPD · DBX ETF Trust | 0.55% | 149 NS | May 29, 2026 | N-PORT |
| EVUS · iShares Trust | 0.51% | 18,590 SH | Aug. 8, 2026 | Daily |
| VOT · VANGUARD INDEX FUNDS | 0.50% | 1,815,418 SH | Aug. 8, 2026 | Daily |
| ACWV · iShares, Inc. | 0.47% | 153,591 SH | Aug. 8, 2026 | Daily |
| ACLC · AMERICAN CENTURY ETF TRUST | 0.44% | 14,184 NS | May 31, 2026 | N-PORT |
| SIXL · EXCHANGE TRADED CONCEPTS TRUST | 0.41% | 8,169 NS | May 31, 2026 | N-PORT |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.37% | 16,752 NS | April 30, 2026 | N-PORT |
| AVIE · AMERICAN CENTURY ETF TRUST | 0.36% | 385 NS | May 31, 2026 | N-PORT |
| QQWZ · Pacer Funds Trust | 0.35% | 1,681 NS | April 30, 2026 | N-PORT |
| COWZ · Pacer Funds Trust | 0.35% | 652,033 NS | April 30, 2026 | N-PORT |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.30% | 13,525 NS | April 30, 2026 | N-PORT |
| SUSA · iShares Trust | 0.30% | 119,132 SH | Aug. 8, 2026 | Daily |
| AVMC · AMERICAN CENTURY ETF TRUST | 0.26% | 10,966 NS | May 31, 2026 | N-PORT |
| EQIN · Columbia ETF Trust I | 0.25% | 7,122 NS | April 30, 2026 | N-PORT |
| IWS · iShares Trust | 0.23% | 357,522 SH | Aug. 8, 2026 | Daily |
| JQUA · J.P. Morgan Exchange-Traded Fund Tr… | 0.23% | 175,138 NS | April 30, 2026 | N-PORT |
| SPXD · DBX ETF Trust | 0.23% | 160 NS | May 31, 2026 | N-PORT |
| BFOR · ALPS ETF Trust | 0.23% | 5,067 NS | May 31, 2026 | N-PORT |
| VO · VANGUARD INDEX FUNDS | 0.22% | 5,135,122 SH | Aug. 8, 2026 | Daily |
| FTLS · First Trust Exchange-Traded Fund III | 0.21% | 50,754 NS | April 30, 2026 | N-PORT |
| ESGU · iShares Trust | 0.21% | 368,361 SH | Aug. 8, 2026 | Daily |
| SIZE · iShares Trust | 0.20% | 8,400 SH | Aug. 8, 2026 | Daily |
| RSP · Invesco Exchange-Traded Fund Trust | 0.20% | 1,888,481 SH | Aug. 8, 2026 | Daily |
| GSEW · Goldman Sachs ETF Trust | 0.20% | 36,546 NS | May 31, 2026 | N-PORT |
| EUSA · iShares, Inc. | 0.19% | 35,595 SH | Aug. 8, 2026 | Daily |
| HELO · J.P. Morgan Exchange-Traded Fund Tr… | 0.19% | 79,362 NS | April 30, 2026 | N-PORT |
| FEUS · FlexShares Trust | 0.18% | 2,052 NS | April 30, 2026 | N-PORT |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.18% | 14,454 SH | Aug. 8, 2026 | Daily |
| IWR · iShares Trust | 0.18% | 964,281 SH | Aug. 8, 2026 | Daily |
| IMCG · iShares Trust | 0.17% | 65,894 SH | Aug. 8, 2026 | Daily |
| IMCB · iShares Trust | 0.17% | 27,214 SH | Aug. 8, 2026 | Daily |
| IMCV · iShares Trust | 0.17% | 18,558 SH | Aug. 8, 2026 | Daily |