DRH Diamondrock Hospitality Company - Common Stock
$12.43
Price · Aug 18, 2026
Fundamentals as of Jul 30, 2026
52W Range
$7–$14
78% of range
Analyst Rating
HOLD
18 analysts
Price Target
$13
+7% upside
P/E (TTM)
28.4
ROE
6.7%
Net Profit Margin
9.0%
DRH Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$12.43
Market Cap
$2.54B
P/E (TTM)
28.4
EPS (TTM)
$0.44
Revenue (TTM)
$1.12B
Div Yield
3.9%
ROE
6.7%
Debt/Equity
—
52W Range
$7 – $14
DRH Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$1.12B
2018-12-31
→
2025-12-31
EPS
$0.44
2018-12-31
→
2025-12-31
Free Cash Flow
—
Margins
9.0%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
DRH
Peer Median
P/E (TTM)
28.4
27.1
P/S (TTM)
2.3
2.0
P/B
1.8
0.9
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
DRH
Peer Median
Net Profit Margin
9.0%
2.8%
ROA
3.3%
0.89%
ROE
6.7%
1.5%
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
DRH
Peer Median
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
DRH
Peer Median
Revenue YoY
-0.83%
—
Revenue CAGR 3Y
3.8%
—
Revenue CAGR 5Y
30.2%
—
EPS YoY
144.4%
—
Net Income YoY
111.1%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
DRH
Peer Median
Payout Ratio
96.9%
—
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
3.9%
Payout Ratio
96.9%
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| June 30, 2026 | $0.0900 |
| March 31, 2026 | $0.0900 |
| Dec. 31, 2025 | $0.1200 |
| Sept. 30, 2025 | $0.0800 |
| June 30, 2025 | $0.0800 |
| March 28, 2025 | $0.0800 |
| Dec. 31, 2024 | $0.2300 |
| Sept. 30, 2024 | $0.0300 |
| June 28, 2024 | $0.0300 |
| March 27, 2024 | $0.0300 |
| Dec. 28, 2023 | $0.0300 |
| Sept. 28, 2023 | $0.0300 |
| June 29, 2023 | $0.0300 |
| March 30, 2023 | $0.0300 |
| Dec. 29, 2022 | $0.0600 |
| Sept. 29, 2022 | $0.0300 |
| Dec. 31, 2019 | $0.1250 |
| Sept. 27, 2019 | $0.1250 |
| June 27, 2019 | $0.1250 |
| March 28, 2019 | $0.1250 |
DRH Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
18 analysts
- Strong Buy 6 33.3%
- Buy 4 22.2%
- Hold 8 44.4%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
13 analysts · 2026-08-13
Median
$13.00
Now
$12.43
Low
$10.00
High
$16.00
Median target
$13.00
+4.6%
Mean target
$13.33
+7.2%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.03%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.29 | $0.22 | 0.07% |
| March 31, 2026 | $0.07 | $0.04 | 0.03% |
| Dec. 31, 2025 | $0.12 | $0.04 | 0.08% |
| Sept. 30, 2025 | $0.10 | $0.11 | -0.01% |
| June 30, 2025 | $0.18 | $0.19 | -0.01% |
| March 31, 2025 | $0.04 | $0.04 | 0.00% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| DRH | $1.83B | 20.4 | -0.83% | 9.0% | 6.7% | — |
| HST | $12.19B | 16.1 | 7.6% | 12.5% | 11.6% | — |
| RHP | $5.96B | 25.1 | 10.2% | 9.4% | 37.5% | — |
| APLE | $2.79B | 16.0 | -1.3% | 12.4% | 5.5% | — |
| PK | $2.09B | -7.3 | -2.2% | -11.1% | -8.3% | — |
| PEB | $1.28B | -12.6 | 1.5% | -4.5% | -2.5% | — |
| SHO | $1.70B | 223.5 | 6.0% | 2.6% | 1.2% | — |
| XHR | $1.30B | 22.1 | 3.8% | 5.9% | 5.3% | — |
| RLJ | $1.13B | 745.0 | -1.4% | 2.1% | 1.3% | — |
| SVC | $309M | -1.5 | -4.3% | -11.2% | -30.1% | — |
| INN | $530M | -22.1 | -0.32% | -1.6% | -1.3% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.12B | $1.13B | $1.07B | $1.00B | $567M | $299M | $938M | $864M | $870M | $897M | |
| SG&A Expense | $34M | $53M | $32M | $32M | $33M | $27M | $28M | $29M | $27M | $24M | |
| Operating Expenses | $958M | $1.02B | $925M | $840M | $723M | $668M | $684M | $734M | $730M | $739M | |
| Operating Income | · | · | · | · | · | · | · | · | $140M | $157M | |
| Interest Expense | · | · | $65M | $38M | $37M | $54M | $47M | $41M | $38M | $42M | |
| Interest Income | · | · | · | · | $947.0K | $391.0K | $1M | $2M | $2M | $762.0K | |
| Other Non-op | $7M | $4M | $3M | $-1M | $947.0K | $391.0K | $-48M | $-39M | $-38M | $-30M | |
| Pretax Income | $101M | $50M | $87M | $112M | $-192M | $-422M | $206M | $91M | $102M | $127M | |
| Income Tax | $-1M | $2M | $317.0K | $3M | $3M | $-26M | $22M | $3M | $10M | $12M | |
| Net Income | $101M | $48M | $86M | $109M | $-195M | $-394M | $183M | $88M | $92M | $115M | |
| EPS (Basic) | $0.44 | $0.18 | $0.36 | $0.47 | $-0.96 | $-1.97 | $0.91 | $0.43 | $0.46 | $0.57 | |
| EPS (Diluted) | $0.44 | $0.18 | $0.36 | $0.47 | $-0.96 | $-1.97 | $0.90 | $0.43 | $0.46 | $0.57 | |
| Shares (Basic) | 206,226,487 | 210,286,342 | 211,518,826 | 212,423,873 | 212,056,923 | 201,670,721 | 202,009,750 | 205,462,911 | 200,784,450 | 201,079,573 | |
| Shares (Diluted) | 208,264,530 | 211,240,170 | 212,304,117 | 213,188,987 | 212,056,923 | 201,670,721 | 202,741,630 | 206,131,150 | 201,521,468 | 201,676,258 | |
| EBITDA | · | · | · | · | · | · | · | · | $140M | $157M |
Balance Sheet 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $68M | $81M | $122M | $68M | $39M | $112M | $123M | $44M | $184M | $243M | |
| PP&E (Net) | $2.60B | $2.63B | $2.76B | $2.75B | $2.65B | $2.82B | $3.03B | $2.94B | $2.69B | $2.65B | |
| PP&E (Gross) | $3.69B | $3.61B | $4.06B | $3.94B | $3.74B | $3.93B | $4.04B | $3.84B | $3.48B | $3.38B | |
| Accum. Depreciation | $1.09B | $979M | $1.30B | $1.19B | $1.09B | $1.11B | $1.01B | $893M | $789M | $735M | |
| Intangibles | · | · | · | · | · | · | $0 | $64M | $27M | $18M | |
| Total Assets | $3.00B | $3.17B | $3.24B | $3.21B | $2.97B | $3.15B | $3.43B | $3.20B | $3.10B | $3.05B | |
| Total Liabilities | $1.55B | $1.57B | $1.59B | $1.61B | $1.44B | $1.43B | $1.50B | $1.31B | $1.27B | $1.21B | |
| Long-term Debt | $1.10B | $1.10B | $1.18B | $1.19B | $1.07B | $1.05B | $1.09B | $978M | $938M | $921M | |
| Common Stock | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | |
| Paid-in Capital | $2.11B | $2.27B | $2.29B | $2.29B | · | · | · | · | · | · | |
| Retained Earnings | $-662M | $-679M | $-649M | $-701M | $-781M | $-577M | $-179M | $-246M | $-230M | $-221M | |
| AOCI | $-6M | $-1M | $-2M | $0 | · | · | · | · | · | · | |
| Stockholders' Equity | $1.45B | $1.59B | $1.64B | $1.59B | $1.52B | $1.71B | $1.91B | $1.88B | $1.83B | $1.84B | |
| Liabilities + Equity | $3.00B | $3.17B | $3.24B | $3.21B | $2.97B | $3.15B | $3.43B | $3.20B | $3.10B | $3.05B | |
| Shares Outstanding | 203,703,182 | 207,592,210 | 209,627,197 | 209,374,830 | 210,746,895 | 210,073,514 | 200,207,795 | 204,536,485 | 200,306,733 | 200,200,902 |
Cash Flow 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | · | · | · | · | · | · | · | · | $99M | $97M | |
| Stock-based Comp | $7M | $12M | $9M | $8M | $9M | $7M | $6M | $6M | $6M | $5M | |
| Deferred Tax | $-3M | $-450.0K | $-975.0K | $-781.0K | $468.0K | $-27M | $21M | $2M | $8M | $10M | |
| Amort. of Intangibles | · | · | · | · | · | · | · | $700.0K | $400.0K | $300.0K | |
| Operating Cash Flow | $244M | $224M | $238M | $206M | $-2M | $-84M | $193M | $218M | $202M | $216M | |
| Investing Cash Flow | $7M | $-112M | $-121M | $-249M | $-62M | $-79M | $-66M | $-343M | $-182M | $72M | |
| Stock Issued | · | · | · | $0 | $0 | $87M | $0 | $93M | $0 | $0 | |
| Stock Repurchased | $37M | $26M | $2M | $12M | $0 | $10M | $43M | $32M | $0 | $7M | |
| Net Stock Activity | $-37M | $-26M | $-2M | $-12M | $0 | $77M | $-43M | $60M | $-537.0K | $-7M | |
| Dividends Paid | $98M | $26M | $32M | $6M | $119.0K | $26M | $102M | $103M | $101M | $101M | |
| Financing Cash Flow | $-277M | $-151M | $-57M | $74M | $5M | $118M | $-39M | $-7M | $-85M | $-272M | |
| Net Change in Cash | $-26M | $-38M | $60M | $32M | $-59M | $-45M | $88M | $-132M | $-65M | $30M | |
| Taxes Paid | $531.0K | $5M | $3M | $7M | $2M | $-11.0K | $1M | $2M | · | · |
Profitability 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 9.0% | 4.2% | 8.0% | 10.9% | -34.3% | -131.7% | 19.6% | 10.2% | · | · | |
| Pretax Margin | 9.0% | 4.4% | 8.1% | 11.2% | -33.9% | -141.1% | 22.0% | 10.5% | · | · | |
| ROA | 3.3% | 1.5% | 2.7% | 3.5% | -6.4% | -12.0% | 5.5% | 2.8% | 3.0% | 3.6% | |
| ROE | 6.7% | 3.0% | 5.3% | 7.0% | -12.1% | -21.8% | 9.7% | 4.7% | 5.0% | 6.3% | |
| ROIC | · | · | · | · | · | · | · | · | 6.9% | 7.7% |
Liquidity & Solvency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Coverage | · | · | · | · | · | · | · | · | 3.6 | 3.8 |
Efficiency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.4 | 0.3 | 0.3 | 0.2 | 0.1 | 0.3 | 0.3 | · | · |
Growth Rates 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -0.83% | 5.1% | 7.3% | 76.6% | 89.4% | · | · | · | · | · | |
| Revenue CAGR 3Y | 3.8% | 25.8% | 53.1% | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 30.2% | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 144.4% | -50.0% | -23.4% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -2.2% | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 111.1% | -44.4% | -21.0% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -2.5% | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 30.9% | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 12
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.12B | $1.13B | $1.07B | $1.00B | $567M | $299M | $938M | $864M | $870M | $897M | |
| Net Income TTM | $101M | $48M | $86M | $109M | $-195M | $-394M | $183M | $88M | $92M | $115M | |
| Market Cap | $1.83B | $1.87B | $1.97B | $1.71B | $2.03B | $1.73B | $2.22B | $1.86B | $2.26B | $2.31B | |
| P/E | 20.4 | 50.2 | 26.1 | 17.4 | -10.0 | -4.2 | 12.3 | 21.1 | 24.5 | 20.2 | |
| P/S | 1.6 | 1.7 | 1.8 | 1.7 | 3.6 | 5.8 | 2.4 | 2.2 | 2.6 | 2.6 | |
| P/B | 1.3 | 1.2 | 1.2 | 1.1 | 1.3 | 1.0 | 1.2 | 1.0 | 1.2 | 1.3 | |
| P / Tangible Book | 1.3 | 1.2 | 1.2 | 1.1 | 1.3 | 1.0 | · | · | · | · | |
| P / Cash Flow | 7.5 | 8.4 | 8.3 | 8.3 | -877.9 | -20.7 | 11.5 | 8.5 | 11.1 | 10.7 | |
| Dividend Yield | 5.4% | 1.4% | 1.6% | 0.37% | 0.01% | 1.5% | 4.6% | 5.5% | 4.5% | 4.4% | |
| Earnings Yield | 4.9% | 2.0% | 3.8% | 5.7% | -10.0% | -23.9% | 8.1% | 4.7% | 4.1% | 4.9% | |
| Payout Ratio | 96.9% | 53.3% | 37.0% | 5.9% | -0.06% | -6.5% | 55.6% | 117.0% | 109.4% | 87.8% | |
| Annual Payout | $98M | $26M | $32M | $6M | $119.0K | $26M | $102M | $103M | $101M | $101M |
Income Statement 13
| 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 | $318M | $258M | $275M | $285M | $306M | $255M | $279M | $285M | $309M | $256M | $264M | $277M | $291M | $244M | $255M | $268M | |
| SG&A Expense | $10M | $8M | $9M | $9M | $9M | $8M | $8M | $8M | $29M | $9M | $8M | $8M | $8M | $8M | $10M | $8M | |
| Operating Expenses | $245M | $230M | $237M | $242M | $250M | $230M | $274M | $242M | $268M | $234M | $237M | $234M | $237M | $218M | $219M | $220M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $16M | · | $16M | $16M | $17M | · | $9M | |
| Other Non-op | $2M | $648.0K | $2M | $2M | $764.0K | $1M | $1M | $1M | $1M | $1M | $844.0K | $772.0K | $522.0K | $423.0K | $-360.0K | $-152.0K | |
| Pretax Income | $92M | $15M | $25M | $23M | $42M | $11M | $-10M | $27M | $26M | $7M | $11M | $28M | $40M | $9M | $20M | $29M | |
| Income Tax | $2M | $46.0K | $-2M | $469.0K | $991.0K | $-842.0K | $845.0K | $418.0K | $1M | $-1M | $-103.0K | $224.0K | $422.0K | $-226.0K | $2M | $312.0K | |
| Net Income | $90M | $14M | $26M | $23M | $41M | $12M | $-11M | $26M | $25M | $8M | $11M | $27M | $39M | $9M | $18M | $28M | |
| EPS (Basic) | $0.44 | $0.07 | $0.10 | $0.10 | $0.19 | $0.05 | $-0.06 | $0.11 | $0.10 | $0.03 | $0.04 | $0.12 | $0.17 | $0.03 | $0.07 | $0.12 | |
| EPS (Diluted) | $0.44 | $0.07 | $0.12 | $0.10 | $0.18 | $0.04 | $-0.06 | $0.11 | $0.10 | $0.03 | $0.04 | $0.12 | $0.17 | $0.03 | $0.08 | $0.12 | |
| Shares (Basic) | 205,081,651 | 204,459,146 | -414,495,670 | 205,407,644 | 206,804,961 | 208,509,552 | -421,918,271 | 209,339,807 | 211,195,463 | 211,669,343 | -423,057,092 | 211,490,571 | 211,673,828 | 211,411,519 | -425,780,274 | 212,878,364 | |
| Shares (Diluted) | 206,096,952 | 206,800,878 | -416,390,782 | 206,392,934 | 207,916,308 | 210,346,070 | -423,326,823 | 210,208,081 | 212,016,445 | 212,342,467 | -423,877,544 | 212,204,989 | 212,161,950 | 211,814,722 | -427,139,910 | 213,657,373 | |
| EBITDA | · | $29M | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
Balance Sheet 14
| 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 | $106M | $39M | $68M | $145M | $52M | $101M | $81M | $75M | $125M | $120M | $122M | $103M | $99M | $77M | $68M | $314M | |
| PP&E (Net) | $2.56B | $2.57B | $2.60B | $2.61B | $2.62B | $2.63B | $2.63B | $2.73B | $2.73B | $2.75B | · | $2.77B | $2.74B | $2.74B | · | $2.67B | |
| PP&E (Gross) | $3.68B | $3.66B | $3.69B | $3.67B | $3.65B | $3.63B | $3.61B | $3.72B | $4.10B | $4.08B | · | $4.04B | $3.99B | $3.96B | · | $3.84B | |
| Accum. Depreciation | $1.13B | $1.10B | $1.09B | $1.06B | $1.03B | $1.01B | $979M | $995M | $1.36B | $1.33B | · | $1.28B | $1.25B | $1.22B | · | $1.17B | |
| Total Assets | $3.07B | $3.01B | $3.00B | $3.15B | $3.06B | $3.10B | $3.17B | $3.18B | $3.25B | $3.24B | · | $3.26B | $3.22B | $3.18B | · | $3.39B | |
| Total Liabilities | $1.54B | $1.56B | $1.55B | $1.57B | $1.48B | $1.53B | $1.57B | $1.52B | $1.60B | $1.59B | · | $1.61B | $1.59B | $1.59B | · | $1.78B | |
| Long-term Debt | $1.10B | $1.10B | $1.10B | $1.10B | $1.02B | $1.09B | $1.10B | $1.10B | $1.17B | $1.17B | · | $1.18B | $1.18B | $1.18B | · | $1.37B | |
| Common Stock | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | · | $2M | $2M | $2M | · | $2M | |
| Paid-in Capital | $2.12B | $2.12B | $2.11B | $2.23B | $2.24B | $2.25B | $2.27B | $2.27B | $2.27B | $2.29B | · | $2.29B | · | · | · | · | |
| Retained Earnings | $-595M | $-666M | $-662M | $-661M | $-665M | $-686M | $-679M | $-617M | $-634M | $-650M | · | $-652M | $-670M | $-700M | · | $-704M | |
| AOCI | $-2M | $-5M | $-6M | $-6M | $-5M | $-5M | $-1M | $-6M | $-2M | $-781.0K | · | $4M | $4M | $153.0K | · | · | |
| Stockholders' Equity | $1.52B | $1.45B | $1.45B | $1.57B | $1.58B | $1.56B | $1.59B | $1.65B | $1.64B | $1.64B | · | $1.64B | $1.62B | $1.59B | · | $1.60B | |
| Liabilities + Equity | $3.07B | $3.01B | $3.00B | $3.15B | $3.06B | $3.10B | $3.17B | $3.18B | $3.25B | $3.24B | · | $3.26B | $3.22B | $3.18B | · | $3.39B | |
| Shares Outstanding | 204,505,826 | 204,615,024 | 203,703,182 | 203,903,882 | 205,375,594 | 206,972,935 | 207,592,210 | 207,276,487 | 207,918,179 | 210,064,433 | 209,627,197 | 209,627,197 | 209,589,638 | 209,789,192 | · | 210,944,517 |
Cash Flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $29M | $29M | · | · | $28M | $28M | · | · | · | · | · | · | · | · | · | · | |
| Stock-based Comp | $3M | $2M | $2M | $2M | $3M | $1M | $1M | $1M | $8M | $2M | $2M | $2M | $3M | $2M | $2M | $2M | |
| Other Non-cash | · | $-23M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Operating Cash Flow | $80M | $22M | $68M | $75M | $74M | $28M | $76M | $62M | $56M | $31M | $53M | $70M | $56M | $58M | $48M | $83M | |
| Investing Cash Flow | $10M | $-21M | $-21M | $-20M | $-16M | $63M | $-54M | $-23M | $-17M | $-19M | $-20M | $-50M | $-30M | $-22M | $-99M | $-17M | |
| Stock Repurchased | $2M | $0 | $2M | $12M | $13M | $11M | $0 | $5M | $21M | $0 | $0 | $0 | $2M | $409.0K | $12M | $0 | |
| Net Stock Activity | · | $0 | · | · | · | $-11M | · | · | · | $0 | · | · | · | $-409.0K | · | · | |
| Dividends Paid | $19M | $25M | $16M | $17M | $17M | $49M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $13M | $6M | $0 | |
| Financing Cash Flow | $-20M | $-28M | $-139M | $37M | $-105M | $-70M | $-13M | $-90M | $-34M | $-14M | $-11M | $-11M | $-13M | $-21M | $-202M | $180M | |
| Net Change in Cash | $70M | $-27M | $-92M | $92M | $-47M | $21M | $9M | $-51M | $5M | $-2M | $22M | $9M | $14M | $15M | $-253M | $246M | |
| Taxes Paid | $2M | $-344.0K | $-461.0K | $726.0K | $651.0K | $-385.0K | $-2M | $3M | $2M | $555.0K | $21.0K | $812.0K | $2M | $8.0K | $2M | $1M |
Profitability 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 28.4% | 5.6% | · | 7.9% | 13.4% | 4.7% | · | 9.3% | 7.9% | 3.2% | · | 9.9% | 13.4% | 3.8% | · | 10.6% | |
| Pretax Margin | 29.0% | 5.7% | · | 8.1% | 13.8% | 4.3% | · | 9.5% | 8.4% | 2.8% | · | 10.0% | 13.6% | 3.7% | · | 10.8% | |
| EBITDA Margin | · | 11.1% | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| ROA | 2.9% | 0.47% | · | 0.71% | 1.3% | 0.37% | · | 0.82% | 0.76% | 0.26% | · | 0.82% | 1.2% | 0.29% | · | 0.91% | |
| ROE | 5.8% | 0.96% | · | 1.4% | 2.5% | 0.74% | · | 1.6% | 1.5% | 0.52% | · | 1.7% | 2.4% | 0.59% | · | 1.8% |
Efficiency 1
| 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 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 |
Valuation (TTM) 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.17B | $1.10B | · | $1.13B | $1.15B | $1.11B | · | $1.13B | $1.13B | $1.07B | · | $1.08B | $1.08B | $990M | · | $926M | |
| Net Income TTM | $168M | $90M | · | $102M | $104M | $71M | · | $87M | $99M | $84M | · | $104M | $129M | $100M | · | $89M | |
| Market Cap | $2.49B | $1.92B | · | $1.62B | $1.57B | $1.60B | · | $1.81B | $1.76B | $2.02B | · | $1.68B | $1.68B | $1.71B | · | $1.58B | |
| P/E | 15.4 | 24.0 | · | 18.5 | 17.8 | 27.6 | · | 24.2 | 20.1 | 27.5 | · | 18.2 | 14.6 | 19.4 | · | 20.3 | |
| P/S | 2.1 | 1.7 | · | 1.4 | 1.4 | 1.4 | · | 1.6 | 1.6 | 1.9 | · | 1.6 | 1.5 | 1.7 | · | 1.7 | |
| P/B | 1.6 | 1.3 | · | 1.0 | 1.0 | 1.0 | · | 1.1 | 1.1 | 1.2 | · | 1.0 | 1.0 | 1.1 | · | 1.0 | |
| P / Tangible Book | 1.6 | 1.3 | · | 1.0 | 1.0 | 1.0 | · | 1.1 | 1.1 | 1.2 | · | 1.0 | 1.0 | 1.1 | · | 1.0 | |
| P / Cash Flow | · | 87.4 | · | · | · | 57.9 | · | · | · | 64.6 | · | · | · | 29.4 | · | · | |
| Earnings Yield | 6.5% | 4.2% | · | 5.4% | 5.6% | 3.6% | · | 4.1% | 5.0% | 3.6% | · | 5.5% | 6.9% | 5.2% | · | 4.9% | |
| Payout Ratio | · | 174.1% | · | · | · | 409.6% | · | · | · | 77.7% | · | · | · | 139.5% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2024-06-30 | 2024-03-31 | 2023-12-31 | |
|---|---|---|---|---|---|
| Revenue | $1.12B | $1.13B | — | — | $1.07B |
| Net Income | $101M | $48M | — | — | $86M |
| Diluted EPS | $0.44 | $0.18 | — | — | $0.36 |
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Institutional owners (13F) 339 filers · $1.8B 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.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 55 (+11 vs prior Q) | 23 (-11 vs prior Q) | 126 (+9 vs prior Q) | 89 (+5 vs prior Q) | +35.2M |
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 PORTFOLIO MANAGEMENT LLC | $296,461,407 | 24,340,017 | 16.64% | Shares |
| STATE STREET CORP | $148,990,787 | 12,144,765 | 8.36% | Shares |
| BANK OF AMERICA CORP /DE/ | $114,762,213 | 9,422,185 | 6.44% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $112,230,612 | 9,214,336 | 6.30% | Shares |
| CENTERSQUARE INVESTMENT MANAGEMENT LLC | $84,236,271 | 6,915,950 | 4.73% | Shares |
| Alyeska Investment Group, L.P. | $75,646,484 | 6,210,713 | 4.25% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $66,201,068 | 5,434,151 | 3.72% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $57,630,230 | 4,731,546 | 3.23% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $57,315,000 | 4,705,671 | 3.22% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $34,889,074 | 2,864,456 | 1.96% | Shares |
| PZENA INVESTMENT MANAGEMENT LLC | $34,464,041 | 2,829,560 | 1.93% | Shares |
| Heitman Real Estate Securities LLC | $29,740,868 | 2,441,779 | 1.67% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $29,056,303 | 2,385,575 | 1.63% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $28,095,618 | 2,306,701 | 1.58% | Shares |
| TWO SIGMA INVESTMENTS, LP | $26,786,707 | 2,199,237 | 1.50% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $25,525,504 | 2,095,690 | 1.43% | Shares |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $21,641,655 | 1,778,279 | 1.21% | Shares |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | $20,242,064 | 1,661,910 | 1.14% | Shares |
| PRUDENTIAL FINANCIAL INC | $19,326,396 | 1,586,732 | 1.08% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $17,385,708 | 1,427,398 | 0.98% | Shares |
| Public Sector Pension Investment Board | $16,692,337 | 1,370,471 | 0.94% | Shares |
| AMERIPRISE FINANCIAL INC | $16,271,714 | 1,335,781 | 0.91% | Shares |
| MILLENNIUM MANAGEMENT LLC | $15,914,985 | 1,306,649 | 0.89% | Shares |
| BlackRock, Inc. | $15,237,899 | 1,251,059 | 0.86% | Shares |
| Balyasny Asset Management L.P. | $13,872,996 | 1,138,998 | 0.78% | Shares |
| JUPITER ASSET MANAGEMENT LTD | $13,512,346 | 1,109,388 | 0.76% | Shares |
| Bank of New York Mellon Corp | $12,137,601 | 996,519 | 0.68% | Shares |
| JPMORGAN CHASE & CO | $11,833,278 | 956,263 | 0.66% | Shares |
| MORGAN STANLEY | $11,589,513 | 951,519 | 0.65% | Shares |
| JANUS HENDERSON GROUP PLC | $11,436,741 | 1,220,570 | 0.64% | Shares |
| Sophron Capital Management L.P. | $9,910,574 | 813,676 | 0.56% | Shares |
| TUDOR INVESTMENT CORP ET AL | $9,353,960 | 767,977 | 0.53% | Shares |
| CITADEL ADVISORS LLC | $8,918,890 | 732,257 | 0.50% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $8,517,194 | 699,277 | 0.48% | Shares |
| Dana Investment Advisors, Inc. | $7,917,244 | 650,020 | 0.44% | Shares |
| GOLDMAN SACHS GROUP INC | $7,536,838 | 618,788 | 0.42% | Shares |
| DANSKE BANK A/S | $7,269,450 | 596,835 | 0.41% | Shares |
| Lightrock Netherlands B.V. | $7,216,285 | 132,118 | 0.41% | Shares |
| AMERICAN CENTURY COMPANIES INC | $6,775,588 | 556,288 | 0.38% | Shares |
| MACKENZIE FINANCIAL CORP | $6,691,180 | 549,358 | 0.38% | Shares |
| RHUMBLINE ADVISERS | $6,619,718 | 543,493 | 0.37% | Shares |
| Lighthouse Investment Partners, LLC | $6,473,940 | 531,522 | 0.36% | Shares |
| MARTINGALE ASSET MANAGEMENT L P | $6,246,440 | 512,844 | 0.35% | Shares |
| Ancora Advisors LLC | $6,045,421 | 496,340 | 0.34% | Shares |
| Verition Fund Management LLC | $5,898,068 | 484,242 | 0.33% | Shares |
| Qube Research & Technologies Ltd | $5,878,799 | 482,660 | 0.33% | Shares |
| WATERFALL ASSET MANAGEMENT, LLC | $5,563,873 | 456,804 | 0.31% | Shares |
| FIRST TRUST ADVISORS LP | $5,439,466 | 446,590 | 0.31% | Shares |
| Man Group plc | $5,183,479 | 425,573 | 0.29% | Shares |
| WINTON GROUP Ltd | $5,183,272 | 425,556 | 0.29% | Shares |
| Y-Intercept (Hong Kong) Ltd | $5,143,638 | 422,302 | 0.29% | Shares |
| Swiss National Bank | $4,975,096 | 408,800 | 0.28% | Shares |
| STRS OHIO | $4,685,450 | 385,000 | 0.26% | Shares |
| Cander Asset Management LP | $4,189,274 | 343,947 | 0.24% | Shares |
| NOMURA ASSET MANAGEMENT CO LTD | $4,048,632 | 332,400 | 0.23% | Shares |
| ExodusPoint Capital Management, LP | $4,047,621 | 332,317 | 0.23% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $3,956,831 | 324,863 | 0.22% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $3,876,309 | 318,252 | 0.22% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $3,822,462 | 313,831 | 0.21% | Shares |
| Legal & General Group Plc | $3,817,955 | 313,461 | 0.21% | Shares |
| Allianz Asset Management GmbH | $3,763,912 | 309,024 | 0.21% | Shares |
| CITIGROUP INC | $3,763,864 | 309,020 | 0.21% | Shares |
| IEQ CAPITAL, LLC | $3,657,741 | 300,307 | 0.21% | Shares |
| VIRGINIA RETIREMENT SYSTEMS ET Al | $3,466,624 | 386,900 | 0.19% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $3,430,704 | 281,667 | 0.19% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $3,291,194 | 270,213 | 0.18% | Shares |
| INTECH INVESTMENT MANAGEMENT LLC | $3,203,645 | 263,025 | 0.18% | Shares |
| Carrera Capital Advisors | $3,170,228 | 258,372 | 0.18% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $3,067,496 | 251,847 | 0.17% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $3,012,735 | 247,351 | 0.17% | Shares |
| MACQUARIE GROUP LTD | $3,006,913 | 246,873 | 0.17% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $2,882,969 | 236,697 | 0.16% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $2,853,798 | 234,302 | 0.16% | Shares |
| ALLIANCEBERNSTEIN L.P. | $2,733,295 | 291,707 | 0.15% | Shares |
| Cubist Systematic Strategies, LLC | $2,706,653 | 340,032 | 0.15% | Shares |
| Asset Management One Co., Ltd. | $2,638,686 | 281,610 | 0.15% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $2,634,437 | 216,292 | 0.15% | Shares |
| PICTON MAHONEY ASSET MANAGEMENT | $2,548,008 | 209,196 | 0.14% | Shares |
| CWA Asset Management Group, LLC | $2,475,452 | 203,239 | 0.14% | Shares |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $2,426,671 | 199,234 | 0.14% | Shares |
| GLOBEFLEX CAPITAL L P | $2,392,176 | 196,402 | 0.13% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $2,333,917 | 249,084 | 0.13% | Shares |
| Vanguard Investments Australia, Ltd. | $2,266,588 | 186,091 | 0.13% | Shares |
| Campbell & CO Investment Adviser LLC | $2,256,394 | 185,254 | 0.13% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $2,152,998 | 176,765 | 0.12% | Shares |
| Engineers Gate Manager LP | $2,139,661 | 175,670 | 0.12% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $2,138,236 | 175,553 | 0.12% | Shares |
| Amundi | $1,977,837 | 162,384 | 0.11% | Shares |
| BARCLAYS PLC | $1,901,749 | 156,137 | 0.11% | Shares |
| QRG CAPITAL MANAGEMENT, INC. | $1,865,119 | 153,128 | 0.10% | Shares |
| Homestead Advisers Corp | $1,828,218 | 150,100 | 0.10% | Shares |
| State of New Jersey Common Pension Fund D | $1,680,060 | 137,936 | 0.09% | Shares |
| MetLife Investment Management, LLC | $1,537,859 | 126,261 | 0.09% | Shares |
| GREAT LAKES ADVISORS, LLC | $1,449,712 | 119,024 | 0.08% | Shares |
| Graham Capital Management, L.P. | $1,425,060 | 117,000 | 0.08% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $1,394,085 | 114,457 | 0.08% | Shares |
| Quantinno Capital Management LP | $1,345,175 | 110,441 | 0.08% | Shares |
| Vert Asset Management LLC | $1,340,446 | 110,053 | 0.08% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $1,324,928 | 108,779 | 0.07% | Shares |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | $1,314,051 | 107,886 | 0.07% | Shares |
Company insiders 26 insiders · 2 officers · 3 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| John L Williams | Former President and COO | May 1, 2013 F | 750,803 | 0 | 0 | $0 |
| Michael D Schecter | Former EVP and General Counsel | Dec. 31, 2009 F | 270,251 | 0 | 0 | $0 |
| Stephanie Lepori | Director | July 14, 2026 P | 25,831 | 5 | 0 | $5,571 |
| Kathleen Merrill | Director | June 12, 2026 S | 84,335 | 0 | 1 | $-237,600 |
| Bruce D Wardinski | — | May 4, 2026 A | 148,226 | 0 | 0 | $0 |
| William Joseph Shaw | — | May 4, 2026 A | 122,082 | 0 | 0 | $0 |
| Anika Fischer | — | Aug. 1, 2025 F | 36,250 | 0 | 0 | $0 |
| Justin L. Leonard | — | July 18, 2025 F | 170,505 | 0 | 0 | $0 |
| Michael A. Hartmeier | — | May 5, 2025 A | 104,601 | 0 | 0 | $0 |
| Tabassum Zalotrawala | — | May 5, 2025 A | 60,302 | 0 | 0 | $0 |
| Timothy Chi | — | May 5, 2025 A | 122,059 | 0 | 0 | $0 |
| William W Mccarten | — | May 5, 2025 A | 444,604 | 0 | 0 | $0 |
| Jeffrey Donnelly | — | March 11, 2025 P | 672,894 | 0 | 0 | $0 |
| Steve Spierto | — | March 3, 2025 A | 51,932 | 0 | 0 | $0 |
| Briony R. Quinn | — | March 3, 2025 A | 315,319 | 0 | 0 | $0 |
| William J Tennis | — | May 7, 2024 A | 498,823 | 0 | 0 | $0 |
| Troy Furbay | — | Feb. 27, 2024 F | 573,645 | 0 | 0 | $0 |
| Mark W Brugger | — | Feb. 27, 2024 F | 2,415,322 | 0 | 0 | $0 |
| Thomas G. Healy | — | Feb. 28, 2022 A | 457,042 | 0 | 0 | $0 |
| Maureen L Mcavey | — | May 14, 2020 A | 116,336 | 0 | 0 | $0 |
| Gilbert T Ray | — | May 14, 2020 A | 107,986 | 0 | 0 | $0 |
| Jay Lecoryelle Johnson | — | March 1, 2019 A | 26,647 | 0 | 0 | $0 |
| Daniel Joseph Altobello | — | May 9, 2018 A | 92,650 | 0 | 0 | $0 |
| Sean M Mahoney | — | Feb. 27, 2018 A | 467,001 | 0 | 0 | $0 |
| Robert W Grafton | — | April 12, 2016 A | 70,076 | 0 | 0 | $0 |
| Robert Tanenbaum | — | Feb. 29, 2016 F | 183,193 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 70 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 |
|---|---|---|---|---|
| JSMD · Janus Detroit Street Trust | 1.36% | 1,306,671 NS | April 30, 2026 | N-PORT |
| BLDG · Cambria ETF Trust | 1.32% | 66,114 NS | April 30, 2026 | N-PORT |
| XSLV · Invesco Exchange-Traded Fund Trust … | 0.87% | 173,748 | Aug. 8, 2026 | Daily |
| PSCF · Invesco Exchange-Traded Fund Trust … | 0.55% | 11,998 | Aug. 8, 2026 | Daily |
| FYT · First Trust Exchange-Traded AlphaDE… | 0.52% | 93,292 NS | April 30, 2026 | N-PORT |
| SVAL · iShares Trust | 0.47% | 77,190 SH | Aug. 8, 2026 | Daily |
| PPTY · ETF Series Solutions | 0.36% | 8,016 NS | May 31, 2026 | N-PORT |
| CVY · Invesco Exchange-Traded Fund Trust | 0.33% | 32,564 | Aug. 8, 2026 | Daily |
| JPSE · J.P. Morgan Exchange-Traded Fund Tr… | 0.29% | 169,655 NS | April 30, 2026 | N-PORT |
| BBRE · J.P. Morgan Exchange-Traded Fund Tr… | 0.26% | 293,357 NS | May 31, 2026 | N-PORT |
| FYX · First Trust Exchange-Traded AlphaDE… | 0.25% | 296,372 NS | April 30, 2026 | N-PORT |
| USRT · iShares Trust | 0.21% | 757,026 SH | Aug. 8, 2026 | Daily |
| VGSR · Manager Directed Portfolios | 0.21% | 100,822 NS | March 31, 2026 | N-PORT |
| SMDX · Tidal Trust III | 0.20% | 24,018 NS | April 30, 2026 | N-PORT |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.19% | 44,231 | Aug. 8, 2026 | Daily |
| NUSC · Nushares ETF Trust | 0.17% | 210,991 NS | April 30, 2026 | N-PORT |
| DFAR · Dimensional ETF Trust | 0.16% | 268,606 NS | April 30, 2026 | N-PORT |
| XJR · iShares Trust | 0.16% | 24,176 SH | Aug. 8, 2026 | Daily |
| SCHH · SCHWAB STRATEGIC TRUST | 0.16% | 1,439,361 NS | May 31, 2026 | N-PORT |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.15% | 352,040 | Aug. 8, 2026 | Daily |
| QVMS · Invesco Exchange-Traded Fund Trust … | 0.15% | 30,700 | Aug. 8, 2026 | Daily |
| FREL · FIDELITY COVINGTON TRUST | 0.14% | 201,557 NS | April 30, 2026 | N-PORT |
| IJR · iShares Trust | 0.14% | 12,483,743 SH | Aug. 8, 2026 | Daily |
| IJS · iShares Trust | 0.14% | 926,536 SH | Aug. 8, 2026 | Daily |
| IJT · iShares Trust | 0.14% | 927,123 SH | Aug. 8, 2026 | Daily |
| VIOV · VANGUARD ADMIRAL FUNDS | 0.14% | 221,297 SH | Aug. 8, 2026 | Daily |
| REET · iShares Trust | 0.14% | 559,163 SH | Aug. 8, 2026 | Daily |
| VNQ · VANGUARD SPECIALIZED FUNDS | 0.13% | 7,753,638 SH | Aug. 8, 2026 | Daily |
| VIOO · VANGUARD ADMIRAL FUNDS | 0.13% | 714,936 SH | Aug. 8, 2026 | Daily |
| VIOG · VANGUARD ADMIRAL FUNDS | 0.13% | 119,269 SH | Aug. 8, 2026 | Daily |
| ERET · iShares Trust | 0.12% | 1,369 SH | Aug. 8, 2026 | Daily |
| AVRE · AMERICAN CENTURY ETF TRUST | 0.12% | 86,782 NS | May 31, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.11% | 254,753 NS | April 30, 2026 | N-PORT |
| DFGR · Dimensional ETF Trust | 0.11% | 369,992 NS | April 30, 2026 | N-PORT |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.11% | 14,421 NS | April 30, 2026 | N-PORT |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.11% | 75,986 NS | April 30, 2026 | N-PORT |
| IWO · iShares Trust | 0.10% | 1,179,399 SH | Aug. 8, 2026 | Daily |
| SAA · ProShares Trust | 0.10% | 2,435 NS | May 31, 2026 | N-PORT |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.09% | 140,437 SH | Aug. 8, 2026 | Daily |
| IWM · iShares Trust | 0.08% | 5,274,855 SH | Aug. 8, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.08% | 1,191,369 SH | Aug. 8, 2026 | Daily |
| ISCG · iShares Trust | 0.08% | 59,813 SH | Aug. 8, 2026 | Daily |
| FNDA · SCHWAB STRATEGIC TRUST | 0.07% | 604,197 NS | May 31, 2026 | N-PORT |
| RWJ · Invesco Exchange-Traded Fund Trust … | 0.07% | 124,289 | Aug. 8, 2026 | Daily |
| GSSC · Goldman Sachs ETF Trust | 0.07% | 66,170 NS | May 31, 2026 | N-PORT |
| RSSL · Global X Funds | 0.06% | 88,311 NS | April 30, 2026 | N-PORT |
| IWN · iShares Trust | 0.06% | 717,495 SH | Aug. 8, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.06% | 66,274 SH | Aug. 8, 2026 | Daily |
| ROSC · Lattice Strategies Trust | 0.06% | 3,227 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.06% | 9,585 NS | May 31, 2026 | N-PORT |