Growth Streak≈4Consecutive years of dividend growth
Ex-date
Amount
Currency
Yield
Aug 28, 2026
$0.37
USD
≈4.9%
May 29, 2026
$0.37
USD
≈5.0%
Feb 27, 2026
$0.37
USD
≈5.1%
Nov 28, 2025
$0.37
USD
≈5.2%
Aug 29, 2025
$0.36
USD
≈5.4%
May 30, 2025
$0.36
USD
≈6.2%
Feb 28, 2025
$0.36
USD
≈5.4%
Nov 29, 2024
$0.36
USD
≈4.6%
Aug 23, 2024
$0.36
USD
≈5.8%
May 23, 2024
$0.36
USD
≈7.6%
Feb 22, 2024
$0.36
USD
≈8.0%
Nov 22, 2023
$0.36
USD
≈6.3%
Aug 24, 2023
$0.36
USD
≈5.2%
May 30, 2023
$0.36
USD
≈6.1%
Feb 3, 2023
$0.30
USD
≈3.7%
Oct 14, 2022
$0.30
USD
≈4.0%
Aug 2, 2022
$0.30
USD
≈4.1%
May 3, 2022
$0.30
USD
≈4.0%
Feb 1, 2022
$0.30
USD
≈3.3%
Oct 12, 2021
$0.30
USD
≈3.4%
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise9.0%
Next ReportOct 28, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Jul 22, 2026
$0.76
$0.74
2.3%
March 31, 2026
$0.72
$0.70
3.0%
Dec. 31, 2025
$0.82
$0.73
12.5%
Sept. 30, 2025
$0.85
$0.70
20.7%
June 30, 2025
$0.76
$0.68
12.5%
March 31, 2025
$0.67
$0.65
2.8%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement11
Metric
Trend
2025
2024
2023
2022
2021
Revenue
$177M
$149M
$134M
$86M
$83M
Interest Expense
·
·
$746M
$78M
$42M
Interest Income
$2.92B
$2.75B
$2.54B
$1.15B
$962M
Pretax Income
·
·
·
$318M
$257M
Income Tax
$178M
$185M
$122M
$114M
$138M
Net Income
$550M
$534M
$349M
$337M
$420M
EPS (Basic)
$2.31
$2.56
$1.79
$2.60
$3.22
EPS (Diluted)
$2.30
$2.55
$1.78
$2.60
$3.21
Shares (Basic)
238,022,000
208,463,000
195,304,000
129,277,000
130,499,000
Shares (Diluted)
239,121,000
209,337,000
195,871,000
129,732,000
131,030,000
EBITDA
$141M
$150M
$144M
$49M
$23M
Balance Sheet15
Metric
Trend
2025
2024
2023
2022
2021
Cash & Equivalents
$2.38B
$1.88B
$2.16B
$1.29B
$825M
PP&E (Net)
$422M
$349M
$339M
$176M
$172M
PP&E (Gross)
$765M
$680M
$654M
$501M
$255M
Accum. Depreciation
$343M
$331M
$315M
$325M
$83M
Goodwill
$1.48B
$1.03B
$1.03B
$0
$823M
Intangibles
$712M
$484M
$604M
$5M
$35M
Total Assets
$66.83B
$51.58B
$52.17B
$31.85B
$20.95B
Total Liabilities
$58.99B
$46.46B
$47.18B
$29.37B
$18.36B
Common Stock
$8.10B
$5.82B
$5.80B
$3.45B
$1.93B
Retained Earnings
$-26M
$-237M
$-468M
$-544M
$694M
Treasury Stock
·
·
·
$71M
$71M
AOCI
$-233M
$-462M
$-340M
$-427M
$35M
Stockholders' Equity
$7.84B
$5.12B
$5.00B
$2.48B
$2.59B
Liabilities + Equity
$66.83B
$51.58B
$52.17B
$31.85B
$20.95B
Shares Outstanding
295,422,000
209,536,000
208,585,000
129,321,000
129,065,476
Cash Flow19
Metric
Trend
2025
2024
2023
2022
2021
D&A
$141M
$150M
$144M
$28M
$31M
Stock-based Comp
$33M
$20M
$18M
$10M
$11M
Deferred Tax
$54M
$31M
$13M
$14M
$41M
Amort. of Intangibles
$127M
$119M
$111M
$4M
$5M
Other Non-cash
$-32M
$-76M
$146M
$-9M
$780.0K
Operating Cash Flow
$746M
$659M
$670M
$1.07B
$663M
CapEx
·
·
·
$27M
$15M
Investing Cash Flow
$2.17B
$114M
$502M
$-3.53B
$-1.53B
Debt Issued
$11.68B
$4.90B
$17.35B
$1.65B
$0
Net Debt Issued
$11.68B
$4.90B
$17.35B
·
·
Stock Issued
$3M
$0
$1M
$54.0K
$34.0K
Stock Repurchased
$109M
$6M
$6M
$4M
$81M
Net Stock Activity
$-106M
$-6M
$-5M
$0
$0
Dividends Paid
$335M
$300M
$270M
$182M
$184M
Financing Cash Flow
$-2.42B
$-1.06B
$-304M
$1.00B
$1.06B
Net Change in Cash
$502M
$-285M
$868M
$-1.47B
$188M
Taxes Paid
$123M
$101M
$139M
·
·
Free Cash Flow
·
·
·
$293M
$229M
Levered FCF
·
·
·
$275M
$222M
Profitability5
Metric
Trend
2025
2024
2023
2022
2021
Net Margin
310.7%
358.6%
259.7%
34.6%
32.6%
Pretax Margin
·
·
·
44.0%
41.3%
EBITDA Margin
79.7%
100.7%
107.4%
6.8%
3.7%
ROA
0.93%
1.0%
0.83%
1.2%
1.1%
ROE
8.5%
10.5%
9.3%
11.2%
8.3%
Efficiency1
Metric
Trend
2025
2024
2023
2022
2021
Asset Turnover
0.0
0.0
0.0
0.0
0.0
Per Share6
Metric
Trend
2025
2024
2023
2022
2021
Book Value / Share
$26.54
$24.43
$23.95
$28.14
$32.97
Revenue / Share
$0.74
$0.71
$0.69
$9.23
$8.53
Cash Flow / Share
$3.12
$3.15
$3.42
$3.85
$3.23
Cash / Share
$8.06
$8.96
$10.37
$3.71
$10.50
Dividend Paid / Share
$1.45
$1.44
$1.43
$1.40
$1.40
EPS (TTM)
$2.30
$2.55
$1.78
$2.60
$3.21
Growth Rates9
Metric
Trend
2025
2024
2023
2022
2021
Revenue YoY
18.8%
11.2%
56.1%
3.0%
·
Revenue CAGR 3Y
27.3%
21.4%
·
·
·
EPS YoY
-9.8%
43.3%
-31.5%
-19.0%
47.9%
EPS CAGR 3Y
-4.0%
-7.4%
-6.4%
·
·
EPS CAGR 5Y
1.2%
·
·
·
·
Net Income YoY
3.0%
53.0%
3.6%
-19.9%
172.5%
Net Income CAGR 3Y
17.8%
8.3%
31.3%
·
·
Net Income CAGR 5Y
28.9%
·
·
·
·
Dividends Paid CAGR 5Y
28.5%
·
·
·
·
Valuation (TTM)13
Metric
Trend
2025
2024
2023
2022
2021
Revenue TTM
$177M
$149M
$134M
$86M
$83M
Net Income TTM
$550M
$534M
$349M
$337M
$420M
Market Cap
$8.26B
$5.66B
$5.57B
$2.37B
$2.57B
P/E
12.2
10.6
15.0
11.6
10.2
P/S
46.6
38.0
41.5
27.6
30.8
P/B
1.1
1.1
1.1
1.1
1.0
P / Tangible Book
1.5
1.6
1.7
1.0
1.5
P / Cash Flow
11.1
8.6
8.3
7.9
10.9
P / FCF
·
·
·
8.1
11.2
Dividend Yield
4.1%
5.3%
4.9%
7.7%
7.1%
Earnings Yield
8.2%
9.4%
6.7%
8.6%
9.8%
Payout Ratio
60.9%
56.3%
77.5%
37.7%
41.3%
Annual Payout
$335M
$300M
$270M
$182M
$184M
Income Statement10
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Interest Expense
·
·
·
·
·
·
·
$269M
$268M
$261M
·
$215M
$192M
$101M
·
$16M
Interest Income
$810M
$816M
$858M
$740M
$670M
$648M
$676M
$699M
$696M
$684M
$691M
$696M
$676M
$476M
$352M
$304M
Pretax Income
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
$82M
Income Tax
$67M
$63M
$67M
$23M
$51M
$37M
$49M
$50M
$41M
$45M
$33M
$48M
$46M
$-5M
$29M
$27M
Net Income
$208M
$192M
$215M
$96M
$152M
$87M
$143M
$146M
$121M
$124M
$94M
$136M
$133M
$-14M
$83M
$84M
EPS (Basic)
$0.73
$0.66
$0.77
$0.40
$0.73
$0.41
$0.68
$0.70
$0.58
$0.60
$0.59
$0.65
$0.64
$-0.09
$0.63
$0.65
EPS (Diluted)
$0.73
$0.66
$0.76
$0.40
$0.73
$0.41
$0.69
$0.70
$0.57
$0.59
$0.58
$0.65
$0.64
$-0.09
$0.64
$0.65
Shares (Basic)
285,558,000
290,933,000
·
237,838,000
209,125,000
208,800,000
·
208,545,000
208,498,000
208,260,000
·
208,070,000
207,977,000
156,383,000
·
129,319,000
Shares (Diluted)
286,472,000
292,160,000
·
238,925,000
209,975,000
210,023,000
·
209,454,000
209,011,000
208,956,000
·
208,645,000
208,545,000
156,383,000
·
129,733,000
EBITDA
·
$21M
·
·
·
$35M
·
·
·
$40M
·
·
·
$19M
·
·
Balance Sheet17
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
$1.77B
$2.10B
$2.38B
$2.34B
$1.94B
$2.07B
$1.88B
$2.11B
$2.07B
$2.20B
·
$2.40B
$3.41B
$3.64B
·
$318M
PP&E (Net)
$424M
$426M
$422M
$416M
$357M
$345M
$349M
$338M
$338M
$337M
·
$338M
$369M
$375M
·
$162M
PP&E (Gross)
·
·
$765M
·
·
·
$680M
·
·
·
·
·
·
·
·
·
Accum. Depreciation
·
·
$343M
·
·
·
$331M
·
·
·
·
·
·
·
·
·
Goodwill
$1.48B
$1.48B
$1.48B
$1.48B
$1.03B
$1.03B
$1.03B
$1.03B
$1.03B
$1.03B
·
$1.03B
$1.03B
$1.03B
·
$823M
Intangibles
$633M
$671M
$712M
$754M
$430M
$456M
$484M
$513M
$542M
$572M
·
$637M
$667M
$702M
·
$28M
Total Assets
$65.38B
$66.03B
$66.83B
$67.50B
$51.90B
$51.52B
$51.58B
$51.91B
$52.05B
$52.22B
·
$51.99B
$53.59B
$53.99B
·
$20.41B
Short-term Debt
·
·
·
·
·
·
·
·
·
·
·
$35M
$50M
$50M
·
·
Total Liabilities
$57.83B
$58.36B
$58.99B
$59.71B
$46.56B
$46.28B
$46.46B
$46.63B
$47.07B
$47.27B
·
$47.36B
$48.76B
$49.11B
·
$18.29B
Total Debt
·
·
·
·
·
·
·
·
·
·
·
$35M
$50M
$50M
·
·
Common Stock
$7.70B
$7.90B
$8.10B
$8.19B
$5.83B
$5.82B
$5.82B
$5.81B
$5.81B
$5.80B
·
$5.80B
$5.79B
$5.79B
·
$1.94B
Retained Earnings
$160M
$59M
$-26M
$-131M
$-151M
$-227M
$-237M
$-305M
$-375M
$-419M
·
$-486M
$-546M
$-604M
·
$805M
Treasury Stock
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
$71M
AOCI
$-310M
$-291M
$-233M
$-268M
$-334M
$-358M
$-462M
$-234M
$-456M
$-426M
·
$-680M
$-419M
$-300M
·
$-559M
Stockholders' Equity
$7.55B
$7.66B
$7.84B
$7.79B
$5.34B
$5.24B
$5.12B
$5.27B
$4.98B
$4.96B
·
$4.63B
$4.83B
$4.88B
·
$2.12B
Liabilities + Equity
$65.38B
$66.03B
$66.83B
$67.50B
$51.90B
$51.52B
$51.58B
$51.91B
$52.05B
$52.22B
·
$51.99B
$53.59B
$53.99B
·
$20.41B
Shares Outstanding
282,817,000
289,530,000
295,422,000
299,147,000
210,213,254
210,112,415
209,536,000
209,531,882
209,459,123
209,370,395
208,585,000
208,575,479
208,513,639
208,429,244
129,320,962
78,647,000
Cash Flow18
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
$26M
$21M
$39M
$34M
$33M
$21M
$36M
$37M
$37M
$40M
$42M
$39M
$44M
$19M
$7M
$-1M
Stock-based Comp
$9M
$10M
$10M
$7M
$5M
$11M
$5M
$5M
$5M
$4M
$5M
$4M
$3M
$6M
$2M
$-656.0K
Deferred Tax
·
·
$24M
·
·
·
$8M
·
·
·
·
·
·
·
·
·
Amort. of Intangibles
$38M
$41M
$42M
$31M
$26M
$28M
$29M
$29M
$29M
$32M
$33M
$30M
$36M
$13M
$1M
$1M
Other Non-cash
·
$271M
·
·
·
$-11M
·
·
·
$17M
·
·
·
$-50M
·
·
Operating Cash Flow
$295M
$494M
$281M
$236M
$107M
$122M
$256M
$67M
$150M
$186M
$93M
$350M
$266M
$-39M
$160M
$743M
CapEx
·
·
·
·
·
·
·
·
·
·
·
·
$26.0K
$3M
·
$2M
Investing Cash Flow
$239M
$112M
$583M
$1.82B
$-484M
$250M
$-122M
$322M
$-8M
$-78M
$-200M
$232M
$9M
$461M
$-698M
$-2.38B
Debt Issued
$4.65B
$3.40B
$3.35B
$2.80B
$3.48B
$2.05B
$1.00B
$0
$0
$3.90B
$5.25B
$2.25B
$3.90B
$5.95B
$900M
$750M
Net Debt Issued
·
$3.40B
·
·
·
$2.05B
·
·
·
$3.90B
·
·
·
$5.95B
·
·
Stock Issued
$0
$2M
$0
$2M
$0
$1M
$0
$0
$0
$0
$-185.0K
$1M
·
·
$0
$0
Stock Repurchased
$203M
$215M
$100M
$399.0K
$2M
$7M
$0
$386.0K
$767.0K
$5M
$-106.0K
$148.0K
$742.0K
$5M
$13.0K
$41.0K
Net Stock Activity
·
$-213M
·
·
·
$-5M
·
·
·
$-5M
·
·
·
$-5M
·
·
Dividends Paid
$105M
$107M
$109M
$76M
$75M
$75M
$75M
$75M
$75M
$75M
$75M
$75M
$75M
$46M
$46M
$89M
Financing Cash Flow
$-864M
$-887M
$-826M
$-1.66B
$247M
$-178M
$-367M
$-347M
$-274M
$-69M
$-134M
$-1.59B
$-503M
$1.92B
$278M
$842M
Net Change in Cash
$-330M
$-281M
$38M
$400M
$-131M
$194M
$-233M
$42M
$-132M
$39M
$-241M
$-1.00B
$-228M
$2.34B
$-259M
$-797M
Taxes Paid
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
$34M
Free Cash Flow
·
·
·
·
·
·
·
·
·
·
·
·
·
$-42M
·
·
Profitability5
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Net Margin
30.7%
28.4%
·
16.5%
29.8%
17.6%
·
29.4%
25.4%
26.2%
·
25.9%
25.5%
-3.3%
·
34.3%
Pretax Margin
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
43.6%
EBITDA Margin
·
3.1%
·
·
·
7.1%
·
·
·
8.4%
·
·
·
4.4%
·
·
ROA
0.35%
0.33%
·
0.16%
0.29%
0.17%
·
0.28%
0.23%
0.23%
·
0.38%
0.36%
-0.04%
·
0.33%
ROE
3.2%
3.0%
·
1.5%
2.9%
1.7%
·
2.9%
2.5%
2.5%
·
4.0%
3.8%
-0.39%
·
2.9%
Liquidity & Solvency1
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
Debt / Equity
·
·
·
·
·
·
·
·
·
·
·
0.0
0.0
0.0
·
·
Efficiency1
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Asset Turnover
0.0
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.0
Per Share7
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Book Value / Share
$26.70
$26.47
·
$26.04
$25.41
$24.93
·
$25.17
$23.76
$23.68
·
$22.21
$23.16
$23.44
·
$26.90
Revenue / Share
$2.36
$2.32
·
$2.44
$2.43
$2.34
·
$2.37
$2.26
$2.27
·
$2.52
$2.51
$2.75
·
$2.42
Cash Flow / Share
·
$1.69
·
·
·
$0.58
·
·
·
$0.89
·
·
·
$-0.25
·
·
Cash / Share
$6.25
$7.25
·
$7.83
$9.24
$9.86
·
$10.07
$9.88
$10.51
·
$11.52
$16.34
$17.44
·
$4.04
Dividend / Share
·
·
$0.37
$0.36
$0.36
$0.36
$0.36
$0.36
$0.36
$0.36
·
·
·
·
·
·
Dividend Paid / Share
$0.37
$0.37
$0.37
$0.36
$0.36
$0.36
$0.36
$0.36
$0.36
$0.36
$0.36
$0.36
$0.36
$0.35
$0.35
$0.35
EPS (TTM)
$2.55
$2.55
·
$2.23
$2.53
$2.37
·
$2.44
$2.39
$2.46
·
$1.84
$1.84
$1.81
·
$2.93
Valuation (TTM)11
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Net Income TTM
$711M
$655M
·
$478M
$528M
$497M
·
$485M
$475M
$487M
·
$338M
$286M
$232M
·
$514M
Market Cap
$9.06B
$7.94B
·
$7.70B
$4.91B
$5.24B
·
$5.47B
$4.17B
$4.05B
·
$4.23B
$4.23B
$4.46B
·
$2.27B
Enterprise Value
·
·
·
·
·
·
·
·
·
·
·
$1.87B
$871M
$879M
·
·
P/E
12.6
10.8
·
11.5
9.2
10.5
·
10.7
8.3
7.9
·
11.0
11.0
11.8
·
9.9
P/B
1.2
1.0
·
1.0
0.9
1.0
·
1.0
0.8
0.8
·
0.9
0.9
0.9
·
1.1
P / Tangible Book
1.7
1.4
·
1.4
1.3
1.4
·
1.5
1.2
1.2
·
1.4
1.4
1.4
·
1.8
P / Cash Flow
·
16.1
·
·
·
42.9
·
·
·
21.8
·
·
·
-114.6
·
·
Dividend Yield
4.4%
4.6%
·
3.9%
6.1%
5.7%
·
5.5%
7.2%
7.4%
·
5.7%
6.0%
5.5%
·
14.3%
Earnings Yield
8.0%
9.3%
·
8.7%
10.8%
9.5%
·
9.3%
12.0%
12.7%
·
9.1%
9.1%
8.5%
·
10.1%
Payout Ratio
·
55.7%
·
·
·
86.8%
·
·
·
60.4%
·
·
·
-324.7%
·
·
Annual Payout
$397M
$367M
·
$301M
$300M
$300M
·
$300M
$300M
$299M
·
$241M
$255M
$248M
·
$326M
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$177M
$149M
$134M
$86M
$83M
Net Income
$550M
$534M
$349M
$337M
$420M
Diluted EPS
$2.30
$2.55
$1.78
$2.60
$3.21
No data for this statement
Not enough fundamentals data to build this statement yet.
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
·
·
·
$293M
$229M
Institutional owners (13F)
587 filers
· $8.6B total
· As of Sept. 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders587
Value held$8.6B
New positions82
Exited positions44
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
82 (-3 vs prior Q)
44 (+8 vs prior Q)
178 (-10 vs prior Q)
203 (+35 vs prior Q)
-4.1M
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.