FCN FTI Consulting, Inc. Common Stock
About FTI Consulting, Inc. Common Stock Company overview from Wikipedia
FTI Consulting is a business consultancy firm founded in 1982 and headquartered in Washington, D.C., United States. The company specializes in corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, technology and strategy consulting. FTI Consulting employs more than 7,700 staff in 31 countries and is one of the largest financial consulting firms worldwide.
Read more
FTI Consulting (earlier Forensics Technologies International) is a business consultancy firm founded in 1982 and headquartered in Washington, D.C., United States. The company specializes in corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, technology and strategy consulting. FTI Consulting employs more than 7,700 staff in 31 countries and is one of the largest financial consulting firms worldwide.
The firm was involved in the Lehman Brothers and General Motors bankruptcies, the investigation into the Bernard Madoff fraud, Bush v. Gore, the Major League Baseball steroid investigation, and public relations works for fossil fuel industry clients.
As of January 2020, FTI Consulting had the largest restructuring business in the US. As of December 31, 2023, FTI's clients include 98 of the world's top 100 law firms as ranked by The American Lawyer Global 100 list, 83 out of the Fortune 100 companies, 64 of the top 100 private equity firms on the Private Equity International 300 list and 38 out of the world's top 50 bank holding companies. In addition, FTI also serves a range of federal, state and local government agencies.
History and acquisitions
Forensic Technologies International was founded in 1982 by two engineers, Joseph Reynolds and Daniel Luczak, to provide expert witnesses for litigation and visual presentations to demonstrate complex technical issues for juries. Luczak later served as FTI's chairman from 1992 to 1998. The company went public in May 1996, raising $11.1 million and debuting at $8.50 a share. It was one of the first litigation support companies to be publicly traded.
Forensic Technologies International rebranded itself as FTI Consulting in 1998, and in 1999 began trading on the New York Stock Exchange as FCN. After 1998, FTI's business focused increasingly on "financial surgery on troubled companies, either through bankruptcy proceedings or in workout situations with creditors."
The company added over 1,000 employees to its Forensic and Litigation Consulting ("FLC") division since the passing of the 2002 Sarbanes-Oxley Act, which excluded auditors from providing consulting work to their public clients. FTI Consulting purchased PricewaterhouseCoopers' U.S. Business Recovery Services Division ("BRS") for $250 million in 2002, which at the time was the largest provider of bankruptcy, turnaround, and business restructuring services in the United States. The company purchased KPMG's Dispute Advisory Services in 2003. The company purchased Chicago-based Compass Lexecon in 2003, maintaining the name as a subsidiary.
FTI acquired Ringtail Solutions Group in 2005. Ringtail's signature product, the Ringtail Discovery Software Suite, provides e-discovery and document management tools to assist corporations and law firms during litigation engagements. FTI acquired Attenex Corporation in 2008 and merged Attenex Patterns with Ringtail Discovery Software Suite to form Ringtail 8 E-discovery Software.
In 2006, the company acquired the London-based communications consultancy Financial Dynamics ("FD"). FD is now referred to as the Strategic Communications Division of FTI. In 2007, FTI expanded into Latin America and reported US$1 billion in annual revenue for the first time.
In 2008, FTI purchased the Schonbraun McCann Group, a real estate consulting firm based in New York, and Forensic Accounting, a forensic accounting practice based in the UK.
In 2010, FS Asia Advisory Limited was acquired in Hong Kong, expanding FTI's activities in Asia. In January 2014, FTI Consulting acquired London-based TLG Partners, which produced a series of annual thought leader indexes. In the same month, Steven H. Gunby was named the firm's new president and chief executive officer.
In 2012, FTI Consulting acquired KordaMentha partner, KordaMentha (Qld), starting its financial advisory business in Australia. In 2016, it acted as liquidator of Queensland Nickel and pressed payments to creditors by owner Clive Palmer who, while working to return the operation to profitability after acquiring it, allegedly drained the company to fuel mostly his political career despite a fall in the nickel price at the time. In 2025, it acted as liquidator of Mosaic Brands, as well as logistics giant XL Express.
In 2015, The Deal named FTI Consulting the world's top restructuring adviser to distressed companies.
In 2017, the company acquired the CDG Group, a leading restructuring advisory, turnaround management, value enhancement, and transaction advisory firm in New York.
In 2019, FTI Consulting acquired Andersch AG, a leading German restructuring and advisory firm, as part of its strategic expansion in Europe.
Criticism and controversies
In 2020, the New York Times reported on FTI consulting's work for the fossil fuel industry. Reporting found that FTI had helped to design, staff and run organizations and websites funded by energy companies that were made to appear to represent grass-roots support for fossil-fuel initiatives.
In 2023, the company was hired by Johnny & Associates to manage a press conference addressing sexual abuse by its late founder Johnny Kitagawa. The Japanese public broadcaster NHK reported that the consulting firm had a 'blacklist' of journalists to avoid calling on during the event. FTI admitted the existence of the 'blacklist' as well as a list of reporters who should preferably be given a chance to ask a question. The firm also admitted the lists were given to the conference modulator. Their concern about some reporters who would spend long periods talking about their own opinions or ask thoughtless questions (or remarks) that could be unnecessarily stressful and painful to the victims watching the press conference was given as a reason to prepare the list. FTI told the press that their press conference policy was confirmed with the talent agency. On whether it is a good system to prepare such lists, Akihiro Nojiri, Senior Managing Director of Strategic Communications at FTI Consulting Japan Office, said, "Well, I don't think I am in a position to judge whether it is good or not."
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
FCN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
FCN 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
FCN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 2 25.0%
- Buy 2 25.0%
- Hold 4 50.0%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
2 analysts · 2026-08-17Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $2.16 | $2.28 | -0.12% |
| March 31, 2026 | $1.90 | $2.09 | -0.19% |
| Dec. 31, 2025 | $1.78 | $1.48 | 0.30% |
| Sept. 30, 2025 | $2.60 | $2.01 | 0.59% |
| June 30, 2025 | $2.13 | $1.92 | 0.21% |
| March 31, 2025 | $2.29 | $1.81 | 0.48% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| FCN | $5.27B | 20.7 | 2.4% | 7.1% | 14.9% | 32.1% |
| AMTM | $6.32B | 96.1 | 71.6% | 0.46% | 1.5% | — |
| ANDG | — | — | 14.6% | -0.28% | 3.5% | — |
| PSN | $3.47B | 28.1 | -5.7% | 3.8% | 9.5% | — |
| KBR | $5.12B | 12.6 | 0.99% | 5.3% | 28.1% | 14.8% |
| AMTM | $6.32B | 96.1 | 71.6% | 0.46% | 1.5% | — |
| EXPO | — | 33.9 | 4.2% | 18.2% | 25.9% | — |
| CBZ | $2.74B | 27.6 | 52.1% | 4.2% | — | 12.9% |
| HURN | — | 29.6 | 11.7% | 6.2% | 20.9% | — |
| INOD | $1.65B | 55.4 | 47.6% | 12.8% | 37.7% | 39.5% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.79B | $3.70B | $3.49B | $3.03B | $2.78B | $2.46B | $2.35B | $2.03B | $1.81B | $1.81B | $1.78B | $1.76B | |
| Cost of Revenue | $2.57B | $2.52B | $2.35B | $2.07B | $1.92B | $1.67B | $1.53B | $1.33B | $1.22B | $1.21B | $1.17B | $1.14B | |
| Gross Profit | $1.22B | $1.18B | $1.14B | $963M | · | · | · | · | · | · | · | · | |
| SG&A Expense | $800M | $822M | $751M | $641M | $538M | $488M | $504M | $466M | $432M | $437M | $433M | $434M | |
| Operating Expenses | $3.40B | $3.35B | $3.11B | $2.73B | $2.46B | $2.18B | $2.05B | $1.80B | $1.70B | $1.67B | $1.61B | $1.61B | |
| Operating Income | $389M | $347M | $378M | $304M | $312M | $283M | $306M | $226M | $109M | $142M | $165M | $147M | |
| Interest Expense | · | · | $14M | $10M | $20M | $20M | $19M | $27M | $25M | $25M | $43M | $51M | |
| Other Non-op | $529.0K | $1M | $-736.0K | $-758.0K | $274.0K | $-48.0K | $356.0K | $-732.0K | $-139.0K | $1M | $-824.0K | $2M | |
| Pretax Income | $371M | $351M | $358M | $298M | $298M | $262M | $288M | $208M | $87M | $128M | $105M | $101M | |
| Income Tax | $100M | $71M | $83M | $62M | $63M | $52M | $72M | $57M | $-21M | $42M | $39M | $43M | |
| Net Income | $271M | $280M | $275M | $236M | $235M | $211M | $217M | $151M | $108M | $86M | $66M | $59M | |
| EPS (Basic) | $8.33 | $7.96 | $8.10 | $6.99 | $7.02 | $5.92 | $5.89 | $4.06 | $2.79 | $2.09 | $1.62 | $1.48 | |
| EPS (Diluted) | $8.24 | $7.81 | $7.71 | $6.58 | $6.65 | $5.67 | $5.69 | $3.93 | $2.75 | $2.05 | $1.58 | $1.44 | |
| Shares (Basic) | 32,531,000 | 35,208,000 | 33,924,000 | 33,693,000 | 33,489,000 | 35,602,000 | 36,774,000 | 37,098,000 | 38,697,000 | 40,943,000 | 40,846,000 | 39,726,000 | |
| Shares (Diluted) | 32,881,000 | 35,845,000 | 35,646,000 | 35,783,000 | 35,337,000 | 37,149,000 | 38,111,000 | 38,318,000 | 39,192,000 | 41,709,000 | 41,729,000 | 40,729,000 | |
| EBITDA | $389M | $347M | $378M | $304M | $312M | $283M | $306M | $226M | $109M | $142M | $165M | $147M |
Balance Sheet 29
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $265M | $660M | $303M | $492M | $494M | $295M | $369M | $312M | $190M | $216M | $150M | $284M | |
| Short-term Investments | · | $0 | $25M | $0 | · | · | · | · | · | · | · | · | |
| Receivables | $1.04B | $1.02B | $1.10B | $896M | $754M | $711M | $693M | $555M | $523M | $475M | $500M | $485M | |
| Prepaid Expense | $127M | $94M | $119M | $95M | $91M | $88M | $81M | $69M | $56M | $60M | $56M | $61M | |
| Other Current Assets | · | · | · | · | · | · | · | · | $81M | $92M | $92M | $88M | |
| Current Assets | $1.52B | $1.82B | $1.56B | $1.51B | $1.37B | $1.13B | $1.18B | $965M | $794M | $783M | $742M | $857M | |
| PP&E (Net) | $169M | $150M | $160M | $153M | $142M | $102M | $94M | $85M | $75M | $62M | $75M | $82M | |
| PP&E (Gross) | $349M | $343M | $336M | $320M | $290M | $246M | $261M | $233M | $213M | $202M | $235M | $222M | |
| Accum. Depreciation | $179M | $193M | $177M | $167M | $148M | $145M | $167M | $148M | $138M | $140M | $160M | $140M | |
| Goodwill | $1.24B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.20B | $1.17B | $1.20B | $1.18B | $1.20B | $1.21B | |
| Intangibles | $14M | $17M | $18M | $26M | $32M | $42M | $38M | $35M | $44M | $52M | $64M | $77M | |
| Other Non-current Assets | $95M | $76M | $74M | $64M | $54M | $52M | $41M | $38M | $41M | $44M | $44M | $42M | |
| Total Assets | $3.49B | $3.60B | $3.33B | $3.24B | $3.10B | $2.78B | $2.78B | $2.38B | $2.26B | $2.23B | $2.23B | $2.39B | |
| Accounts Payable | $206M | $26M | $22M | $20M | $16M | $13M | $18M | $18M | $14M | $16M | $10M | $9M | |
| Accrued Liabilities | $98M | $83M | $75M | $65M | $62M | $65M | $47M | $52M | $46M | $43M | $46M | $53M | |
| Current Liabilities | $975M | $932M | $893M | $769M | $718M | $670M | $613M | $483M | $410M | $378M | $347M | $367M | |
| Capital Leases | $225M | $208M | $224M | $222M | $236M | $162M | $176M | $0 | · | · | · | · | |
| Deferred Tax | $100M | $112M | $141M | $162M | $171M | $158M | $151M | $155M | $124M | $174M | $140M | $135M | |
| Other Non-current Liabilities | $92M | $87M | $87M | $91M | $96M | $101M | $78M | $127M | $134M | $100M | $100M | $99M | |
| Total Liabilities | $1.76B | $1.34B | $1.34B | $1.56B | $1.52B | $1.38B | $1.29B | $1.03B | $1.07B | $1.02B | $1.08B | $1.29B | |
| Long-term Debt | $365M | $0 | $0 | $315M | $297M | $286M | $276M | $266M | $396M | $366M | $500M | $711M | |
| Total Debt | $365M | · | $0 | $315M | $297M | $286M | $276M | $266M | $396M | $366M | $495M | $711M | |
| Common Stock | $309.0K | $359.0K | $355.0K | $340.0K | $343.0K | $345.0K | $374.0K | $381.0K | $377.0K | $420.0K | $412.0K | $412.0K | |
| Paid-in Capital | · | · | · | $0 | $35M | $35M | $35M | $35M | · | · | · | $393M | |
| Retained Earnings | $1.86B | $2.39B | $2.11B | $1.86B | $1.70B | $1.51B | $1.41B | $1.20B | $1.05B | $941M | $855M | $789M | |
| AOCI | $-130M | $-177M | $-150M | $-177M | $-129M | $-106M | $-141M | $-148M | $-120M | $-151M | $-109M | $-80M | |
| Stockholders' Equity | $1.73B | $2.26B | $1.98B | $1.68B | $1.58B | $1.40B | $1.49B | $1.35B | $1.19B | $1.21B | $1.15B | $1.10B | |
| Liabilities + Equity | $3.49B | $3.60B | $3.33B | $3.24B | $3.10B | $2.78B | $2.78B | $2.38B | $2.26B | $2.23B | $2.23B | $2.39B | |
| Shares Outstanding | 30,864,000 | 35,913,000 | 35,521,000 | 34,026,000 | 34,333,000 | 34,481,000 | 37,390,000 | 38,147,000 | 37,729,000 | 42,037,000 | 41,234,000 | 41,181,000 |
Cash Flow 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $46M | $44M | $41M | $36M | $34M | $33M | $30M | $32M | $31M | $39M | $31M | $35M | |
| Stock-based Comp | $39M | $38M | $30M | $25M | $23M | $23M | $18M | $16M | $16M | $17M | $18M | $23M | |
| Deferred Tax | $24M | $-17M | $-2M | $-10M | $6M | $-10M | $-4M | $21M | $-52M | $30M | $3M | $24M | |
| Amort. of Intangibles | $3M | $4M | $6M | $10M | $11M | $10M | $8M | $8M | $11M | $10M | $12M | $16M | |
| Restructuring | $25M | $8M | $0 | $8M | $0 | $7M | $0 | $0 | · | · | · | · | |
| Operating Cash Flow | $152M | $395M | $224M | $189M | $355M | $327M | $218M | $231M | $148M | $233M | $140M | $135M | |
| CapEx | $59M | $35M | $49M | $53M | $69M | $35M | $42M | $32M | $32M | $29M | $31M | $39M | |
| Investing Cash Flow | $-59M | $-10M | $-74M | $-60M | $-79M | $-60M | $-61M | $19M | $-41M | $-30M | · | · | |
| Net Debt Issued | · | · | · | · | · | $0 | $0 | $-300M | $0 | · | $-426M | · | |
| Stock Repurchased | $859M | $10M | $21M | $85M | $46M | $354M | $106M | $56M | $168M | $21M | $27M | $4M | |
| Net Stock Activity | $-859M | $-10M | $-21M | $-85M | $-46M | $-354M | $-106M | $-56M | $-168M | $-21M | $-27M | $-4M | |
| Financing Cash Flow | $-510M | $-15M | $-355M | $-106M | $-62M | $-360M | $-103M | $-118M | $-141M | $-125M | · | · | |
| Net Change in Cash | $-395M | $357M | $-188M | $-3M | $200M | $-74M | $57M | $122M | $-26M | $66M | $-134M | $78M | |
| Taxes Paid | $144M | $117M | $80M | $77M | $48M | $83M | $51M | $46M | $5M | $20M | $21M | $27M | |
| Free Cash Flow | $94M | $360M | $175M | $135M | $287M | $292M | $176M | $198M | $116M | $205M | $109M | $96M | |
| Levered FCF | · | · | $164M | $128M | $271M | $276M | $161M | $179M | $84M | $188M | $82M | $67M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.1% | 32.0% | · | · | · | · | · | · | · | · | · | · | |
| Operating Margin | 10.3% | 9.4% | 10.8% | 10.0% | 11.2% | 11.5% | 13.0% | 11.1% | 6.0% | 7.8% | 9.2% | 8.4% | |
| Net Margin | 7.1% | 7.6% | 7.9% | 7.8% | 8.5% | 8.6% | 9.2% | 7.4% | 6.0% | 4.7% | 3.7% | 3.4% | |
| Pretax Margin | 9.8% | 9.5% | 10.3% | 9.8% | 10.7% | 10.7% | 12.3% | 10.2% | 4.8% | 7.1% | 5.9% | 5.8% | |
| EBITDA Margin | 10.3% | 9.4% | 10.8% | 10.0% | 11.2% | 11.5% | 13.0% | 11.1% | 6.0% | 7.8% | 9.2% | 8.4% | |
| ROA | 7.6% | 8.1% | 8.4% | 7.4% | 8.0% | 7.6% | 8.4% | 6.5% | 4.8% | 3.8% | 2.9% | 2.5% | |
| ROE | 14.9% | 12.4% | 14.3% | 14.2% | 15.0% | 14.7% | 14.7% | 11.2% | 9.0% | 7.3% | 5.9% | 5.5% | |
| ROIC | 13.5% | 12.3% | 14.6% | 12.0% | 13.1% | 13.5% | 13.0% | 10.2% | 8.5% | 6.0% | 6.3% | 4.7% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.6 | 2.0 | 1.7 | 2.0 | 1.9 | 1.7 | 1.9 | 2.0 | 1.9 | 2.1 | 2.1 | 2.4 | |
| Quick Ratio | 1.3 | 1.8 | 1.6 | 1.8 | 1.7 | 1.5 | 1.7 | 1.8 | 1.7 | 1.8 | 1.9 | 2.1 | |
| Debt / Equity | 0.2 | · | 0.0 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.4 | 0.6 | |
| LT Debt / Equity | 0.2 | · | 0.0 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.4 | 0.6 | |
| Interest Coverage | · | · | 26.3 | 30.2 | 15.4 | 14.3 | 15.9 | 8.3 | 4.3 | 5.7 | 3.8 | 2.9 |
Efficiency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.1 | 1.1 | 1.1 | 1.0 | 0.9 | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 | 0.7 | |
| Receivables Turnover | 3.7 | 3.5 | 3.5 | 3.7 | 3.8 | 3.5 | 3.8 | 3.8 | 3.6 | 3.7 | 3.6 | 3.7 |
Growth Rates 9
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 2.4% | 6.0% | 15.2% | 9.1% | 12.8% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 7.8% | 10.0% | 12.3% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 9.0% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 5.5% | 1.3% | 17.2% | -1.1% | 17.3% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 7.8% | 5.5% | 10.8% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 7.8% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -3.3% | 1.9% | 16.7% | 0.23% | 11.5% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 4.8% | 6.0% | 9.3% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 5.1% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.79B | $3.70B | $3.49B | $3.03B | $2.78B | $2.46B | $2.35B | $2.03B | $1.81B | $1.81B | $1.78B | $1.76B | |
| Net Income TTM | $271M | $280M | $275M | $236M | $235M | $211M | $217M | $151M | $108M | $86M | $66M | $59M | |
| Market Cap | $5.27B | $6.86B | $7.07B | $5.40B | $5.27B | $3.85B | $4.14B | $2.54B | $1.62B | $1.90B | $1.43B | · | |
| Enterprise Value | $5.37B | · | $6.75B | $5.23B | $5.07B | $3.84B | $4.04B | $2.50B | $1.83B | $2.04B | $1.77B | · | |
| P/E | 20.7 | 24.5 | 25.8 | 24.1 | 23.1 | 19.7 | 19.4 | 17.0 | 15.6 | 22.0 | 21.9 | 26.8 | |
| P/S | 1.4 | 1.9 | 2.0 | 1.8 | 1.9 | 1.6 | 1.8 | 1.3 | 0.9 | 1.0 | 0.8 | · | |
| P/B | 3.0 | 3.0 | 3.6 | 3.2 | 3.3 | 2.8 | 2.8 | 1.9 | 1.4 | 1.6 | 1.2 | · | |
| P / Tangible Book | 11.0 | 6.8 | 9.7 | 12.6 | 16.5 | 31.1 | · | · | · | · | · | · | |
| P / Cash Flow | 34.7 | 17.4 | 31.5 | 28.6 | 14.8 | 11.8 | 19.0 | 11.0 | 11.0 | 8.1 | 10.2 | · | |
| P / FCF | 56.3 | 19.1 | 40.4 | 39.9 | 18.4 | 13.2 | 23.5 | 12.8 | 14.0 | 9.3 | 13.2 | · | |
| EV / EBITDA | 13.8 | · | 17.9 | 17.2 | 16.2 | 13.6 | 13.2 | 11.0 | 16.8 | 14.4 | 10.8 | · | |
| EV / FCF | 57.4 | · | 38.5 | 38.6 | 17.7 | 13.2 | 23.0 | 12.6 | 15.8 | 10.0 | 16.3 | · | |
| EV / Revenue | 1.4 | · | 1.9 | 1.7 | 1.8 | 1.6 | 1.7 | 1.2 | 1.0 | 1.1 | 1.0 | · | |
| Earnings Yield | 4.8% | 4.1% | 3.9% | 4.1% | 4.3% | 5.1% | 5.1% | 5.9% | 6.4% | 4.5% | 4.6% | 3.7% |
Income Statement 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $993M | $983M | $991M | $956M | $944M | $898M | $895M | $926M | $949M | $929M | $925M | $893M | $865M | $807M | $774M | $776M | |
| Cost of Revenue | $677M | $677M | $683M | $638M | $641M | $609M | $625M | $628M | $638M | $626M | $614M | $599M | $588M | $554M | $526M | $527M | |
| Gross Profit | $316M | $307M | $308M | $318M | $303M | $289M | $270M | $298M | $311M | $303M | · | · | · | · | · | · | |
| SG&A Expense | $231M | $222M | $214M | $199M | $202M | $184M | $208M | $206M | $206M | $202M | $195M | $186M | $186M | $184M | $165M | $159M | |
| Operating Expenses | $908M | $899M | $897M | $838M | $844M | $820M | $842M | $835M | $845M | $829M | $810M | $786M | $776M | $740M | $702M | $688M | |
| Operating Income | $85M | $84M | $93M | $118M | $99M | $79M | $53M | $91M | $104M | $100M | $115M | $107M | $89M | $67M | $73M | $88M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $2M | · | $4M | $3M | $3M | · | $2M | |
| Other Non-op | $-12M | $-5M | $12M | $-6M | $-7M | $2M | $5M | $-2M | $-1M | $-138.0K | $6M | $673.0K | $-4M | $-4M | $-4M | $5M | |
| Pretax Income | $73M | $79M | $87M | $112M | $92M | $81M | $60M | $89M | $103M | $99M | $103M | $108M | $85M | $63M | $64M | $93M | |
| Income Tax | $15M | $21M | $32M | $29M | $20M | $19M | $10M | $22M | $19M | $20M | $21M | $24M | $23M | $15M | $16M | $16M | |
| Net Income | $58M | $58M | $55M | $83M | $72M | $62M | $50M | $66M | $84M | $80M | $82M | $83M | $62M | $48M | $47M | $77M | |
| EPS (Basic) | $2.01 | $1.92 | $1.78 | $2.63 | $2.16 | $1.76 | $1.41 | $1.88 | $2.38 | $2.29 | $2.36 | $2.44 | $1.87 | $1.43 | $1.42 | $2.29 | |
| EPS (Diluted) | $1.99 | $1.90 | $1.77 | $2.60 | $2.13 | $1.74 | $1.39 | $1.85 | $2.34 | $2.23 | $2.28 | $2.34 | $1.75 | $1.34 | $1.34 | $2.15 | |
| Shares (Basic) | 28,739,000 | 29,984,000 | -67,306,000 | 31,523,000 | 33,261,000 | 35,053,000 | -70,305,000 | 35,315,000 | 35,221,000 | 34,977,000 | -66,864,000 | 34,128,000 | 33,359,000 | 33,301,000 | -67,528,000 | 33,812,000 | |
| Shares (Diluted) | 29,038,000 | 30,329,000 | -68,033,000 | 31,823,000 | 33,591,000 | 35,500,000 | -71,679,000 | 35,892,000 | 35,845,000 | 35,787,000 | -71,142,000 | 35,656,000 | 35,650,000 | 35,482,000 | -71,690,000 | 35,918,000 | |
| EBITDA | $85M | $84M | · | $118M | $99M | $79M | · | $91M | $104M | $100M | · | $107M | $89M | $67M | · | $88M |
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 | $164M | $198M | $265M | $146M | $153M | $151M | $660M | $386M | $226M | $244M | · | $201M | $204M | $239M | · | $327M | |
| Receivables | $1.16B | $1.15B | $1.04B | $1.14B | $1.13B | $1.10B | $1.02B | $1.18B | $1.19B | $1.16B | · | $1.21B | $1.14B | $988M | · | $948M | |
| Prepaid Expense | $171M | $119M | $127M | $123M | $137M | $105M | $94M | $100M | $107M | $98M | · | $127M | $108M | $98M | · | $91M | |
| Current Assets | $1.59B | $1.56B | $1.52B | $1.50B | $1.50B | $1.43B | $1.82B | $1.72B | $1.57B | $1.54B | · | $1.57B | $1.48B | $1.35B | · | $1.39B | |
| PP&E (Net) | $164M | $166M | $169M | $171M | $169M | $162M | $150M | $150M | $152M | $153M | · | $165M | $165M | $163M | · | $145M | |
| PP&E (Gross) | · | · | $349M | · | · | · | $343M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $179M | · | · | · | $193M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $1.24B | $1.24B | $1.24B | $1.24B | $1.24B | $1.23B | $1.23B | $1.24B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.21B | |
| Intangibles | $12M | $13M | $14M | $14M | $15M | $16M | $17M | $18M | $18M | $19M | · | $19M | $21M | $22M | · | $26M | |
| Other Non-current Assets | $100M | $91M | $95M | $95M | $94M | $86M | $76M | $78M | $78M | $80M | · | $65M | $67M | $62M | · | $56M | |
| Total Assets | $3.53B | $3.51B | $3.49B | $3.49B | $3.49B | $3.35B | $3.60B | $3.52B | $3.36B | $3.32B | · | $3.32B | $3.25B | $3.10B | · | $3.08B | |
| Accounts Payable | $219M | $254M | $15M | $187M | $185M | $236M | $26M | $202M | $183M | $227M | · | $171M | $172M | $177M | · | $175M | |
| Accrued Liabilities | · | · | $98M | · | · | · | $83M | · | · | · | · | · | · | · | · | · | |
| Current Liabilities | $782M | $677M | $975M | $809M | $713M | $637M | $932M | $823M | $714M | $628M | · | $709M | $645M | $538M | · | $649M | |
| Capital Leases | $209M | $215M | $225M | $226M | $217M | $201M | $208M | $217M | $215M | $214M | · | $218M | $223M | $227M | · | $213M | |
| Deferred Tax | $99M | $103M | $100M | $107M | $107M | $111M | $112M | $139M | $136M | $136M | · | $158M | $156M | $158M | · | $161M | |
| Other Non-current Liabilities | $91M | $96M | $92M | $88M | $87M | $89M | $87M | $86M | $83M | $88M | · | $85M | $87M | $96M | · | $99M | |
| Total Liabilities | $2.20B | $1.84B | $1.76B | $1.74B | $1.59B | $1.20B | $1.34B | $1.26B | $1.21B | $1.27B | · | $1.45B | $1.45B | $1.38B | · | $1.44B | |
| Long-term Debt | $1.02B | $754M | · | · | · | · | $0 | · | $60M | $205M | · | $285M | $341M | $361M | · | $315M | |
| Total Debt | $1.02B | $754M | · | $510M | $470M | $160M | · | · | $60M | $205M | · | $285M | $341M | $361M | · | $315M | |
| Common Stock | $277.0K | $301.0K | $309.0K | $313.0K | $327.0K | $349.0K | $359.0K | $360.0K | $359.0K | $357.0K | · | $355.0K | $340.0K | $340.0K | · | $344.0K | |
| Paid-in Capital | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Retained Earnings | $1.47B | $1.80B | $1.86B | $1.88B | $2.03B | $2.31B | $2.39B | $2.35B | $2.28B | $2.19B | · | $2.03B | $1.95B | $1.89B | · | $1.87B | |
| AOCI | $-140M | $-140M | $-130M | $-133M | $-128M | $-162M | $-177M | $-135M | $-164M | $-162M | · | $-179M | $-160M | $-167M | · | $-224M | |
| Stockholders' Equity | $1.33B | $1.66B | $1.73B | $1.75B | $1.90B | $2.15B | $2.26B | $2.25B | $2.15B | $2.05B | $1.98B | $1.86B | $1.80B | $1.72B | $1.68B | $1.64B | |
| Liabilities + Equity | $3.53B | $3.51B | $3.49B | $3.49B | $3.49B | $3.35B | $3.60B | $3.52B | $3.36B | $3.32B | · | $3.32B | $3.25B | $3.10B | · | $3.08B | |
| Shares Outstanding | 27,700,000 | 30,145,000 | 30,864,000 | 31,346,000 | 32,727,000 | 34,855,000 | 35,913,000 | 35,949,000 | 35,902,000 | 35,697,000 | · | 35,510,000 | 34,034,000 | 33,983,000 | · | 34,422,000 |
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 | $12M | $12M | $12M | $12M | $11M | $10M | $12M | $11M | $11M | $10M | $11M | $10M | $10M | $9M | $9M | $9M | |
| Stock-based Comp | $11M | $11M | $11M | $9M | $10M | $10M | $10M | $10M | $9M | $9M | $8M | $8M | $8M | $6M | $7M | $6M | |
| Amort. of Intangibles | $539.0K | $612.0K | $629.0K | $780.0K | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $2M | $2M | $2M | |
| Restructuring | $0 | $0 | $0 | $0 | $0 | $25M | $8M | $0 | $0 | $0 | · | · | · | · | · | · | |
| Operating Cash Flow | $152M | $-310M | $360M | $202M | $56M | $-465M | $315M | $219M | $135M | $-275M | $383M | $107M | $-11M | $-254M | $229M | $128M | |
| CapEx | $11M | $11M | $8M | $15M | $17M | $18M | $14M | $7M | $10M | $5M | $6M | $14M | $11M | $18M | $14M | $13M | |
| Investing Cash Flow | $-53M | $-11M | $-8M | $-15M | $-17M | $-18M | $-14M | $-7M | $-10M | $21M | $-6M | $-39M | $-11M | $-18M | $-14M | $-13M | |
| Debt Issued | $0 | $300M | · | · | $0 | $0 | · | · | · | · | · | · | · | · | · | · | |
| Net Debt Issued | · | $300M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Stock Repurchased | $393M | $127M | $88M | $234M | $354M | $183M | $10M | $0 | $0 | $0 | $0 | $0 | $0 | $21M | $62M | $20M | |
| Net Stock Activity | · | $-127M | · | · | · | $-183M | · | · | · | $0 | · | · | · | $-21M | · | · | |
| Financing Cash Flow | $-134M | $258M | $-233M | $-193M | $-52M | $-32M | $-11M | $-63M | $-140M | $199M | $-288M | $-58M | $-25M | $16M | $-69M | $-20M | |
| Net Change in Cash | $-35M | $-67M | $119M | $-7M | $2M | $-509M | $274M | $160M | $-18M | $-59M | $102M | $-2M | $-35M | $-253M | $165M | $71M | |
| Taxes Paid | $18M | $10M | $16M | $23M | $66M | $40M | $32M | $10M | $49M | $26M | $13M | $10M | $45M | $12M | $26M | $9M | |
| Free Cash Flow | · | $-321M | · | · | · | $-483M | · | · | · | $-279M | · | · | · | $-272M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $-281M | · | · | · | $-274M | · | · |
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 | 31.8% | 31.2% | · | 33.2% | 32.1% | 32.2% | · | · | · | · | · | · | · | · | · | · | |
| Operating Margin | 8.6% | 8.5% | · | 12.3% | 10.5% | 8.8% | · | 9.8% | 11.0% | 10.7% | · | 12.0% | 10.3% | 8.3% | · | 11.3% | |
| Net Margin | 5.8% | 5.9% | · | 8.7% | 7.6% | 6.9% | · | 7.2% | 8.8% | 8.6% | · | 9.3% | 7.2% | 5.9% | · | 10.0% | |
| Pretax Margin | 7.3% | 8.0% | · | 11.7% | 9.7% | 9.0% | · | 9.6% | 10.8% | 10.7% | · | 12.1% | 9.8% | 7.8% | · | 12.0% | |
| EBITDA Margin | 8.6% | 8.5% | · | 12.3% | 10.5% | 8.8% | · | 9.8% | 11.0% | 10.7% | · | 12.0% | 10.3% | 8.3% | · | 11.3% | |
| ROA | 1.6% | 1.7% | · | 2.4% | 2.1% | 1.8% | · | 1.9% | 2.5% | 2.5% | · | 2.6% | 2.0% | 1.6% | · | 2.5% | |
| ROE | 3.6% | 3.0% | · | 4.1% | 3.5% | 2.9% | · | 3.2% | 4.3% | 4.2% | · | 4.8% | 3.6% | 2.8% | · | 4.9% | |
| ROIC | 2.9% | 2.5% | · | 3.9% | 3.3% | 2.6% | · | 3.0% | 3.9% | 3.5% | · | 3.9% | 3.0% | 2.4% | · | 3.7% |
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 | 2.0 | 2.3 | · | 1.9 | 2.1 | 2.2 | · | 2.1 | 2.2 | 2.5 | · | 2.2 | 2.3 | 2.5 | · | 2.1 | |
| Quick Ratio | 1.7 | 2.0 | · | 1.6 | 1.8 | 2.0 | · | 1.9 | 2.0 | 2.2 | · | 2.0 | 2.1 | 2.3 | · | 2.0 | |
| Debt / Equity | 0.8 | 0.5 | · | 0.3 | 0.2 | 0.1 | · | · | 0.0 | 0.1 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | |
| LT Debt / Equity | 0.8 | 0.5 | · | 0.3 | 0.2 | 0.1 | · | · | 0.0 | 0.1 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | 58.0 | · | 23.9 | 29.4 | 22.7 | · | 36.9 |
Efficiency 2
| 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 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | |
| Receivables Turnover | 0.9 | 0.9 | · | 0.8 | 0.8 | 0.8 | · | 0.8 | 0.8 | 0.9 | · | 0.8 | 0.8 | 0.9 | · | 0.9 |
Valuation (TTM) 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.88B | $3.78B | · | $3.72B | $3.72B | $3.70B | · | $3.70B | $3.64B | $3.49B | · | $3.34B | $3.20B | $3.06B | · | $2.96B | |
| Net Income TTM | $270M | $274M | · | $283M | $284M | $292M | · | $314M | $310M | $273M | · | $271M | $239M | $236M | · | $257M | |
| Market Cap | $4.13B | $5.33B | · | $5.07B | $5.29B | $5.72B | · | $8.18B | $7.74B | $7.51B | · | $6.34B | $6.47B | $6.71B | · | $5.70B | |
| Enterprise Value | $4.98B | $5.88B | · | $5.43B | $5.60B | $5.73B | · | · | $7.57B | $7.47B | · | $6.42B | $6.61B | $6.83B | · | $5.69B | |
| P/E | 17.3 | 21.1 | · | 19.4 | 20.0 | 20.1 | · | 26.0 | 24.9 | 27.5 | · | 23.5 | 28.5 | 30.0 | · | 23.0 | |
| P/S | 1.1 | 1.4 | · | 1.4 | 1.4 | 1.5 | · | 2.2 | 2.1 | 2.1 | · | 1.9 | 2.0 | 2.2 | · | 1.9 | |
| P/B | 3.1 | 3.2 | · | 2.9 | 2.8 | 2.7 | · | 3.6 | 3.6 | 3.7 | · | 3.4 | 3.6 | 3.9 | · | 3.5 | |
| P / Tangible Book | 50.4 | 13.0 | · | 10.3 | 8.2 | 6.3 | · | 8.2 | 8.6 | 9.3 | · | 10.2 | 11.9 | 14.3 | · | 14.0 | |
| P / Cash Flow | · | -17.2 | · | · | · | -12.3 | · | · | · | -27.3 | · | · | · | -26.4 | · | · | |
| P / FCF | · | -16.6 | · | · | · | -11.8 | · | · | · | -26.9 | · | · | · | -24.6 | · | · | |
| EV / EBITDA | 58.6 | 70.1 | · | 46.2 | 56.4 | 72.8 | · | · | 72.7 | 75.0 | · | 60.0 | 74.5 | 102.2 | · | 64.9 | |
| EV / FCF | · | -18.4 | · | · | · | -11.9 | · | · | · | -26.7 | · | · | · | -25.1 | · | · | |
| EV / Revenue | 1.3 | 1.6 | · | 1.5 | 1.5 | 1.5 | · | · | 2.1 | 2.1 | · | 1.9 | 2.1 | 2.2 | · | 1.9 | |
| Earnings Yield | 5.8% | 4.7% | · | 5.1% | 5.0% | 5.0% | · | 3.9% | 4.0% | 3.6% | · | 4.2% | 3.5% | 3.3% | · | 4.3% |
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 | $3.79B | $3.70B | $3.49B | $3.03B | $2.78B |
| Gross Margin % | 32.1% | 32.0% | — | — | — |
| Operating Margin % | 10.3% | 9.4% | 10.8% | 10.0% | 11.2% |
| Net Income | $271M | $280M | $275M | $236M | $235M |
| Diluted EPS | $8.24 | $7.81 | $7.71 | $6.58 | $6.65 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.2 | — | 0.0 | 0.2 | 0.2 |
| Current Ratio | 1.6 | 2.0 | 1.7 | 2.0 | 1.9 |
| Quick Ratio | 1.3 | 1.8 | 1.6 | 1.8 | 1.7 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $94M | $360M | $175M | $135M | $287M |
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Institutional owners (13F) 417 filers · $2.9B 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 |
|---|---|---|---|---|
| 54 (-15 vs prior Q) | 67 (+22 vs prior Q) | 103 (-36 vs prior Q) | 164 (+28 vs prior Q) | +3.5M |
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 |
|---|---|---|---|---|
| VICTORY CAPITAL MANAGEMENT INC | $207,292,133 | 1,391,129 | 7.26% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $202,179,450 | 1,356,818 | 7.08% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $201,280,920 | 1,350,788 | 7.05% | Shares |
| Black Creek Investment Management Inc. | $198,943,847 | 1,335,104 | 6.97% | Shares |
| FMR LLC | $174,892,888 | 1,173,699 | 6.13% | Shares |
| ALLIANCEBERNSTEIN L.P. | $157,811,241 | 892,749 | 5.53% | Shares |
| STATE STREET CORP | $145,444,936 | 976,075 | 5.10% | Shares |
| FIDUCIARY MANAGEMENT INC /WI/ | $142,744,428 | 957,952 | 5.00% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $141,786,815 | 951,526 | 4.97% | Shares |
| Mawer Investment Management Ltd. | $109,800,701 | 736,868 | 3.85% | Shares |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | $101,769,509 | 682,971 | 3.57% | Shares |
| Greenvale Capital LLP | $98,346,600 | 660,000 | 3.45% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $79,124,020 | 530,862 | 2.77% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $63,327,462 | 424,988 | 2.22% | Shares |
| NORGES BANK | $49,760,101 | 333,938 | 1.74% | Shares |
| Capital International Investors | $45,791,518 | 307,305 | 1.60% | Shares |
| NEUMEIER POMA INVESTMENT COUNSEL LLC | $44,699,275 | 299,975 | 1.57% | Shares |
| D. E. Shaw & Co., Inc. | $36,982,494 | 248,188 | 1.30% | Shares |
| Diamond Hill Capital Management, LLC (Investment Advisor) | $28,307,430 | 189,970 | 0.99% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $27,879,324 | 187,097 | 0.98% | Shares |
| Grantham, Mayo, Van Otterloo & Co. LLC | $26,264,950 | 176,263 | 0.92% | Shares |
| GOLDMAN SACHS GROUP INC | $22,115,617 | 148,417 | 0.77% | Shares |
| Quantinno Capital Management LP | $18,885,453 | 126,739 | 0.66% | Shares |
| RAYMOND JAMES FINANCIAL INC | $18,611,051 | 124,898 | 0.65% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $16,787,616 | 112,661 | 0.59% | Shares |
| RHUMBLINE ADVISERS | $13,206,110 | 88,626 | 0.46% | Shares |
| Boston Partners | $13,106,603 | 87,129 | 0.46% | Shares |
| Nierenberg Investment Management Company, LLC | $11,009,902 | 73,887 | 0.39% | Shares |
| PEAK6 LLC | $10,803,225 | 72,500 | 0.38% | Put option |
| CITADEL ADVISORS LLC | $10,393,298 | 69,749 | 0.36% | Shares |
| AMERIPRISE FINANCIAL INC | $10,110,329 | 67,850 | 0.35% | Shares |
| Aristotle Capital Boston, LLC | $9,982,323 | 66,991 | 0.35% | Shares |
| Swiss National Bank | $9,134,313 | 61,300 | 0.32% | Shares |
| CAPITAL FUND MANAGEMENT S.A. | $8,409,379 | 56,435 | 0.29% | Shares |
| CWA Asset Management Group, LLC | $8,002,737 | 53,706 | 0.28% | Shares |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | $7,944,468 | 53,315 | 0.28% | Shares |
| California Public Employees Retirement System | $7,694,131 | 51,635 | 0.27% | Shares |
| BlackRock, Inc. | $7,535,138 | 50,568 | 0.26% | Shares |
| Retirement Systems of Alabama | $7,388,512 | 49,584 | 0.26% | Shares |
| Gotham Asset Management, LLC | $7,372,568 | 49,477 | 0.26% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $7,218,938 | 48,446 | 0.25% | Shares |
| TUDOR INVESTMENT CORP ET AL | $6,903,186 | 46,327 | 0.24% | Shares |
| Marathon Asset Management Ltd | $6,837,966 | 45,888 | 0.24% | Shares |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $6,637,352 | 44,543 | 0.23% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $6,544,732 | 37,024 | 0.23% | Shares |
| Callan Family Office, LLC | $6,228,319 | 41,798 | 0.22% | Shares |
| Cinctive Capital Management LP | $6,208,651 | 41,666 | 0.22% | Shares |
| REGIONS FINANCIAL CORP | $6,107,473 | 40,987 | 0.21% | Shares |
| ROYAL BANK OF CANADA | $6,069,000 | 40,726 | 0.21% | Shares |
| Candriam S.C.A. | $5,860,879 | 39,370 | 0.21% | Shares |
| WINTON GROUP Ltd | $5,567,610 | 37,364 | 0.20% | Shares |
| AMERICAN CENTURY COMPANIES INC | $5,510,240 | 36,979 | 0.19% | Shares |
| BANK OF AMERICA CORP /DE/ | $5,337,539 | 35,820 | 0.19% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $5,215,350 | 35,000 | 0.18% | Call option |
| Aquatic Capital Management LLC | $5,185,101 | 34,797 | 0.18% | Shares |
| STIFEL FINANCIAL CORP | $4,831,488 | 32,424 | 0.17% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $4,510,533 | 30,270 | 0.16% | Shares |
| XTX Topco Ltd | $4,427,683 | 29,714 | 0.16% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $4,391,772 | 29,473 | 0.15% | Shares |
| GHP Investment Advisors, Inc. | $4,037,273 | 22,839 | 0.14% | Shares |
| Nitorum Capital, L.P. | $3,852,505 | 25,854 | 0.13% | Shares |
| TD Waterhouse Canada Inc. | $3,745,464 | 25,063 | 0.13% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $3,715,117 | 24,932 | 0.13% | Shares |
| PRUDENTIAL FINANCIAL INC | $3,637,483 | 24,411 | 0.13% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $3,591,141 | 24,100 | 0.13% | Put option |
| WOLVERINE TRADING, LLC | $3,579,972 | 22,200 | 0.13% | Call option |
| Running Oak Capital LLC | $3,487,877 | 23,407 | 0.12% | Shares |
| Ancora Advisors LLC | $3,380,739 | 22,688 | 0.12% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $3,320,837 | 22,286 | 0.12% | Shares |
| Pinnacle Financial Partners, Inc. | $3,267,938 | 21,931 | 0.11% | Shares |
| &PARTNERS | $3,218,169 | 21,567 | 0.11% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $3,053,960 | 20,495 | 0.11% | Shares |
| TWO SIGMA INVESTMENTS, LP | $3,019,390 | 20,263 | 0.11% | Shares |
| MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC | $2,846,240 | 19,101 | 0.10% | Shares |
| FIL Ltd | $2,830,296 | 18,994 | 0.10% | Shares |
| NewEdge Wealth, LLC | $2,777,397 | 18,639 | 0.10% | Shares |
| Vestmark Advisory Solutions, Inc. | $2,772,033 | 18,603 | 0.10% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $2,726,883 | 18,300 | 0.10% | Shares |
| PNC Financial Services Group, Inc. | $2,668,024 | 17,905 | 0.09% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $2,643,595 | 14,955 | 0.09% | Shares |
| Legal & General Group Plc | $2,612,741 | 17,534 | 0.09% | Shares |
| TILIA FIDUCIARY PARTNERS, INC. | $2,581,019 | 14,601 | 0.09% | Shares |
| SYNOVUS FINANCIAL CORP | $2,559,566 | 15,834 | 0.09% | Shares |
| ExodusPoint Capital Management, LP | $2,527,359 | 16,961 | 0.09% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $2,515,736 | 16,883 | 0.09% | Shares |
| LAZARD ASSET MANAGEMENT LLC | $2,471,927 | 16,589 | 0.09% | Shares |
| JANUS HENDERSON GROUP PLC | $2,367,290 | 13,387 | 0.08% | Shares |
| Holocene Advisors, LP | $2,336,328 | 15,679 | 0.08% | Shares |
| Freestone Grove Partners LP | $2,327,685 | 15,621 | 0.08% | Shares |
| TILIA FIDUCIARY PARTNERS, INC. | $2,260,631 | 15,171 | 0.08% | Shares |
| FIFTH THIRD BANCORP | $2,239,085 | 15,026 | 0.08% | Shares |
| PEAK6 LLC | $2,193,278 | 14,719 | 0.08% | Shares |
| Aviso Financial Inc. | $2,187,466 | 14,680 | 0.08% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $2,160,198 | 14,497 | 0.08% | Shares |
| S&T Bank/PA | $2,123,542 | 14,251 | 0.07% | Shares |
| MetLife Investment Management, LLC | $2,121,604 | 14,238 | 0.07% | Shares |
| Laurus Investment Counsel Inc. | $2,098,260 | 11,870 | 0.07% | Shares |
| VANGUARD GROUP INC | $2,064,651 | 12,086 | 0.07% | Shares |
| NORTHERN TRUST CORP | $2,046,354 | 13,733 | 0.07% | Shares |
| Congress Wealth Management LLC / DE / | $2,012,613 | 12,462 | 0.07% | Shares |
Company insiders 53 insiders · 26 officers · 23 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Steven Henry Gunby | CEO, Chairman and President | May 13, 2026 P | 326,984 | 3 | 0 | $2,575,107 |
| Jack B Dunn IV | President & CEO | Jan. 20, 2014 F | 57,309 | 0 | 0 | $0 |
| Eun Nam | Chief Financial Officer | May 13, 2026 P | 21,592 | 1 | 0 | $289,180 |
| Ajay Sabherwal | Chief Financial Officer | May 1, 2025 M | 24,777 | 0 | 0 | $0 |
| JOHNSON DAVID M /CT | Chief Financial Officer | March 1, 2016 F | 43,633 | 0 | 0 | $0 |
| Roger D Carlile | EVP & Chief Financial Officer | June 19, 2014 M | 18,252 | 0 | 0 | $0 |
| Theodore I Pincus | EVP/Chief Financial Officer | Nov. 20, 2007 M | 4,500 | 0 | 0 | $0 |
| Stewart J Kahn | President and COO | Dec. 6, 2002 S | 514 | 0 | 0 | $0 |
| Dominic Dinapoli | EVP & Chief Operating Officer | March 11, 2011 A | 109,748 | 0 | 0 | $0 |
| Paul Alderman Linton | Chief Strategy/Transf. Officer | May 13, 2026 P | 92,824 | 1 | 0 | $345,696 |
| Ulrike Rabl | Chief Human Resources Officer | March 11, 2026 A | 2,471 | 0 | 0 | $0 |
| Curtis P Lu | General Counsel | March 11, 2026 A | 47,288 | 0 | 1 | $-1,451,086 |
| Matthew Pachman | VP, Chief Risk/Ethics Officer | March 11, 2026 A | 1,844 | 0 | 0 | $0 |
| Brendan J Keating | CAO and Controller | March 11, 2026 A | 7,898 | 0 | 0 | $0 |
| Holly Paul | Chief Human Resources Officer | March 9, 2025 F | 21,303 | 0 | 0 | $0 |
| Catherine M Freeman | SVP, Controller and CAO | Feb. 28, 2018 S | 0 | 0 | 0 | $0 |
| Heather Klink | Acting General Counsel | May 7, 2015 S | 5,000 | 0 | 0 | $0 |
| David G Bannister | EVP & Regional Chairman | Sept. 3, 2014 M | 12,515 | 0 | 0 | $0 |
| Dennis J Shaughnessy | Chairman of the Board | Dec. 31, 2013 F | 141,729 | 0 | 0 | $0 |
| Elizabeth A Nickles | Fmr SVP & Chief Marketing Offr | July 9, 2012 S | 0 | 0 | 0 | $0 |
| MACCOLL JOHN A | Senior Managing Director | Nov. 11, 2011 S | 2,661 | 0 | 0 | $0 |
| Curt A H Jeschke Jr | Vice President | June 16, 2008 M | 580 | 0 | 0 | $0 |
| Charles Boryenace | VP & Corporate Controller | May 21, 2007 M | 0 | 0 | 0 | $0 |
| Sarah Karlen Lacombe | Senior Vice President | May 24, 2006 F | 8,877 | 0 | 0 | $0 |
| Barry S Kaufman | EVP & Chief Risk Mgmt Officer | Dec. 14, 2005 M | 6,000 | 0 | 0 | $0 |
| Philip R Jacoby JR | VP and Corporate Controller | Nov. 3, 2004 M | 0 | 0 | 0 | $0 |
| Claudio Costamagna | Director | June 4, 2026 F | 36,529 | 0 | 0 | $0 |
| Stephen C Robinson | Director | June 3, 2026 A | 7,428 | 0 | 0 | $0 |
| Janet Zelenka | Director | June 3, 2026 A | 3,432 | 0 | 0 | $0 |
| Eric T Steigerwalt | Director | June 3, 2026 A | 3,432 | 0 | 0 | $0 |
| Nicholas C Fanandakis | Director | June 3, 2026 A | 17,753 | 0 | 0 | $0 |
| Laureen Seeger | Director | June 3, 2026 A | 19,636 | 0 | 0 | $0 |
| Mark S. Bartlett | Director | June 4, 2025 A | 27,628 | 0 | 0 | $0 |
| Gerard E Holthaus | Director | Aug. 22, 2024 G | 65,130 | 0 | 0 | $0 |
| Brenda J Bacon | Director | June 5, 2024 A | 16,437 | 0 | 0 | $0 |
| Nicole S Jones | Director | June 1, 2022 A | 1,809 | 0 | 0 | $0 |
| Vernon James Ellis | Director | March 4, 2015 G | 20,398 | 0 | 0 | $0 |
| Denis J Callaghan | Director | June 5, 2013 A | 10,523 | 0 | 0 | $0 |
| George P Stamas | Director | June 5, 2013 M | 17,476 | 0 | 0 | $0 |
| Henrique C Meirelles | Director | June 6, 2012 A | — | 0 | 0 | $0 |
| Matthew F Mchugh | Director | March 19, 2012 S | 21,078 | 0 | 0 | $0 |
| Mark H Berey | Director | Jan. 1, 2012 M | 41,083 | 0 | 0 | $0 |
| Gary C Wendt | Director | June 3, 2009 M | 78,700 | 0 | 0 | $0 |
| James A Flick JR | Director | June 6, 2006 M | 26,573 | 0 | 0 | $0 |
| Peter F Omalley | Director | June 5, 2006 A | — | 0 | 0 | $0 |
| Stephen Salzman | 10% owner | Feb. 9, 2004 S | 0 | 0 | 0 | $0 |
| Elsy Lisa Boglioli | — | Aug. 11, 2026 S | 4,438 | 0 | 1 | $-135,198 |
| James W Crownover | — | June 1, 2016 M | 86,875 | 0 | 0 | $0 |
| Marc Holtzman | — | June 9, 2015 S | 0 | 0 | 0 | $0 |
| Eric B Miller | — | Feb. 27, 2015 M | 24,520 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 94 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 |
|---|---|---|---|---|
| RUNN · Strategic Trust | 1.59% | 35,945 NS | May 31, 2026 | N-PORT |
| SRHQ · Elevation Series Trust | 1.21% | 13,068 NS | April 30, 2026 | N-PORT |
| XMLV · Invesco Exchange-Traded Fund Trust … | 0.95% | 47,225 SH | Aug. 8, 2026 | Daily |
| HSMV · First Trust Exchange-Traded Fund III | 0.88% | 1,496 NS | April 30, 2026 | N-PORT |
| TAX · EA Series Trust | 0.84% | 1,401 NS | May 29, 2026 | N-PORT |
| SMMV · iShares Trust | 0.69% | 13,373 SH | Aug. 8, 2026 | Daily |
| FXR · First Trust Exchange-Traded AlphaDE… | 0.65% | 25,286 NS | April 30, 2026 | N-PORT |
| FDLO · FIDELITY COVINGTON TRUST | 0.41% | 32,044 NS | April 30, 2026 | N-PORT |
| SIXL · EXCHANGE TRADED CONCEPTS TRUST | 0.40% | 4,929 NS | May 31, 2026 | N-PORT |
| FFSM · FIDELITY COVINGTON TRUST | 0.36% | 25,831 NS | April 30, 2026 | N-PORT |
| NUSC · Nushares ETF Trust | 0.25% | 18,166 NS | April 30, 2026 | N-PORT |
| BKSE · BNY Mellon ETF Trust | 0.24% | 1,094 NS | April 30, 2026 | N-PORT |
| ROUS · Lattice Strategies Trust | 0.19% | 6,162 NS | April 30, 2026 | N-PORT |
| MIDE · DBX ETF Trust | 0.18% | 40 NS | May 29, 2026 | N-PORT |
| FNDA · SCHWAB STRATEGIC TRUST | 0.18% | 105,220 NS | May 31, 2026 | N-PORT |
| PTMC · Pacer Funds Trust | 0.16% | 3,475 NS | April 30, 2026 | N-PORT |
| IJJ · iShares Trust | 0.15% | 90,491 SH | Aug. 8, 2026 | Daily |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.15% | 15,241 SH | Aug. 8, 2026 | Daily |
| RWK · Invesco Exchange-Traded Fund Trust … | 0.15% | 12,935 SH | Aug. 8, 2026 | Daily |
| FNK · First Trust Exchange-Traded AlphaDE… | 0.14% | 1,717 NS | April 30, 2026 | N-PORT |
| XJH · iShares Trust | 0.14% | 3,993 SH | Aug. 8, 2026 | Daily |
| ISCG · iShares Trust | 0.14% | 9,285 SH | Aug. 8, 2026 | Daily |
| FNX · First Trust Exchange-Traded AlphaDE… | 0.14% | 10,269 NS | April 30, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.13% | 24,124 NS | May 31, 2026 | N-PORT |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.13% | 3,851 SH | Aug. 8, 2026 | Daily |
| PKW · Invesco Exchange-Traded Fund Trust | 0.13% | 14,916 SH | Aug. 8, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.13% | 98,906 NS | April 30, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.12% | 16,392 NS | April 30, 2026 | N-PORT |
| IJH · iShares Trust | 0.12% | 1,021,121 SH | Aug. 8, 2026 | Daily |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.12% | 47,714 SH | Aug. 8, 2026 | Daily |
| DFAT · Dimensional ETF Trust | 0.12% | 90,024 NS | April 30, 2026 | N-PORT |
| ESML · iShares Trust | 0.12% | 22,462 SH | Aug. 8, 2026 | Daily |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.12% | 13,087 NS | April 30, 2026 | N-PORT |
| HDUS · Lattice Strategies Trust | 0.11% | 1,126 NS | April 30, 2026 | N-PORT |
| MIDU · Direxion Shares ETF Trust | 0.11% | 501 NS | April 30, 2026 | N-PORT |
| MVV · ProShares Trust | 0.10% | 1,046 NS | May 31, 2026 | N-PORT |
| VBR · VANGUARD INDEX FUNDS | 0.10% | 439,213 SH | Aug. 8, 2026 | Daily |
| VFQY · VANGUARD WELLINGTON FUND | 0.10% | 3,116 SH | Aug. 8, 2026 | Daily |
| SCHA · SCHWAB STRATEGIC TRUST | 0.10% | 145,218 NS | May 31, 2026 | N-PORT |
| IJK · iShares Trust | 0.10% | 69,066 SH | Aug. 8, 2026 | Daily |
| IVOG · VANGUARD ADMIRAL FUNDS | 0.09% | 11,671 SH | Aug. 8, 2026 | Daily |
| SCHM · SCHWAB STRATEGIC TRUST | 0.09% | 81,787 NS | May 31, 2026 | N-PORT |
| FIDU · FIDELITY COVINGTON TRUST | 0.08% | 9,162 NS | April 30, 2026 | N-PORT |
| AUSF · Global X Funds | 0.07% | 4,115 NS | May 31, 2026 | N-PORT |
| DEUS · DBX ETF Trust | 0.07% | 1,247 NS | May 29, 2026 | N-PORT |
| UMDD · ProShares Trust | 0.07% | 146 NS | May 31, 2026 | N-PORT |
| ISCB · iShares Trust | 0.07% | 1,311 SH | Aug. 8, 2026 | Daily |
| SMMD · iShares Trust | 0.06% | 15,229 SH | Aug. 8, 2026 | Daily |
| VIS · VANGUARD WORLD FUND | 0.06% | 37,047 SH | Aug. 8, 2026 | Daily |
| IYJ · iShares Trust | 0.05% | 6,713 SH | Aug. 8, 2026 | Daily |