HRB H&R Block, Inc. Common Stock
About H&R Block, Inc. Common Stock Company overview from Wikipedia
H&R Block, Inc., or H&R Block, is an American tax preparation company operating in Canada, the United States, and Australia. The company was founded in 1955 in Kansas City, Missouri, by brothers Henry W. Bloch and Richard Bloch.
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H&R Block, Inc., or H&R Block, is an American tax preparation company operating in Canada, the United States, and Australia. The company was founded in 1955 in Kansas City, Missouri, by brothers Henry W. Bloch and Richard Bloch.
As of 2018, H&R Block operates approximately 12,000 retail tax offices staffed by tax professionals worldwide. The company offers payroll, and business consulting services, consumer tax software, and online tax preparation/electronic filing from their website.
History
Founding
During World War II, Henry W. Bloch was a young Army Air Forces navigator who wanted to start a family business with his brothers in Kansas City. Home from the war in 1946, Henry saw a pamphlet suggesting a bright future for companies serving small businesses, and it sparked his imagination. That year, Henry and his older brother, Leon, borrowed $5,000 and opened a small bookkeeping business on Main Street in downtown Kansas City. However, four months later, they had few clients and Leon decided to seek a law degree.
Henry wanted to keep trying with the fledgling business and placed a newspaper advertisement for help-wanted. He got an unexpected response—from his mother—who proposed that Henry hire his younger brother, Richard, for the job. Henry and Richard Bloch jointly ran their United Business Company, which focused on accounting, bookkeeping and payroll, but also did some income tax work for clients. The brothers took out an ad for its $5 tax services in The Kansas City Star newspaper in 1955. The ad was a success and H&R Block was born. The Bloch brothers chose to spell the name "Block" with a K to ensure the name was not mispronounced "blotch".
Expansion (1956–1980s)
In 1956, the Blochs decided to expand and picked New York City. Neither brother wanted to move to New York, so they agreed to sell that regional operation, creating the first H&R Block franchise tax office. In the following years, H&R Block grew and went public in 1962.
In 1980 H&R Block purchased the Compuserve online service. By 1986, Block was handling more than 10 million tax returns annually and had opened offices in Canada and Australia. That year, the company worked with the Internal Revenue Service to introduce electronic filing.
Recent history
H&R Block acquired MECA Software, a 1980s PFM company that created the TaxCut software, in 1993. In 1995, H&R Block sold MECA, but retained TaxCut.
The company began to expand in the 1990s into the financial services arena, offering mortgage loans, banking and business services. H&R Block purchased Olde Discount Stockbrokers in 1999 and operated as a full-service securities broker-dealer under the name H&R Block Financial Advisors. In 2008, the company sold its H&R Block Financial Advisors unit to Ameriprise Financial for $315 million. At the time, the unit managed $30 billion in assets and employed 900 financial advisors in the U.S.
RSM McGladrey Business Solutions was created in 1999 when H&R Block acquired the assets of McGladrey & Pullen, aside from its auditors and attest services which remained under ownership of McGladrey's partners. Following the acquisition H&R Block became the sixth-largest accounting firm in the U.S. McGladrey had 100 offices in 25 states and offered accounting, consulting, tax services, and international business services to mid-sized companies. Through an alliance with McGladrey & Pullen and other accountancies, the Block subsidiary operated in 70 countries under the RSM International name. In 2011, H&R Block sold the unit back to McGladrey & Pullen.
H&R Block hired Jeff Jones, a former Target Corporation and Uber executive, as president and CEO on October 9, 2017. He replaced Tom Gerke, who was interim CEO following the retirement of former CEO Bill Cobb. Jones has said he sees H&R Block as a financial services company and a retail company, and aims to grow the company.
H&R Block started its first Global Technology Center in India in October 2017. This was created with the vision to grow H&R Block's Product Engineering and IT Solutions Development platforms. It is located in Technopark, Trivandrum, Kerala.
H&R Block announced in June 2019 that it would acquire Wave Financial, a Canadian financial technology company offering bookkeeping, accounting, and payroll services for small businesses. H&R Block acquired Wave for US$405 million (C$537 million). Wave operates as an independent subsidiary by Wave CEO Zahir Khoja from Toronto, Ontario.
Television
In 2010, H&R Block featured on the Ellen DeGeneres Show.
Controversies
H&R Block's own taxes 2005
In August 2005, H&R Block announced that it had overstated its earnings for 2003 and 2004 by $91.1 million. The company stated that it had "insufficient resources" to identify and report complex transactions in its corporate tax accounting. On February 23, 2006, the company said in its quarterly results that it had miscalculated its own state income taxes for 2005 and 2004, and that it owed an additional $32 million in back taxes.
Social Security numbers 2005
In December 2005, H&R Block sent its customers free copies of its TaxCut software, and the mailing labels on the packages mistakenly included the recipients' Social Security numbers. The company said it sent the promotional mailing to former customers and people whose names were taken from purchased lists. It said it is legally required to hold on to customers' tax information, including Social Security numbers, for three years. H&R Block said no customer data has been lost or stolen as a result of the mistake, and that less than 3 percent of the mailings were involved.
Refund anticipation loans 2006
California Attorney General Bill Lockyer sued H&R Block in February 2006, alleging the company's refund anticipation loan (RAL) business violated state and federal laws in its marketing and providing of high-cost RALs mainly to low-income clients. The lawsuit also alleged H&R Block received a "substantial portion of the loan fees", in some cases purchasing up to 49.9 percent of the loans, and further alleged that H&R Block at times held onto a customer's tax refund for purposes of paying off RAL-related debt from previous years, including that claimed by other banks or tax preparers. The complaint stated, "Therefore, Block clients who are claimed to owe debt from a prior year are led to expect a loan, but instead find themselves in a collection proceeding."
The company responded that it "believes the refund lending program is both fair and legal, and will vigorously defend against the complaint". On January 2, 2009, California Attorney General Edmund G. Brown Jr. reached a $4.85 million settlement with H&R Block, which prohibits the company from deceptively marketing high-cost refund anticipation loans as early "tax refunds". The company set aside $2.45 million in restitution for customers if they purchased a "refund anticipation loan" or a "refund anticipation check" through H&R Block between January 1, 2001 and December 31, 2008. In addition, H&R Block agreed to pay $500,000 in penalties and $1.9 million in fees and costs. In 2011, H&R Block ceased offering RALs altogether, a move praised by consumer rights activists.
Express IRA 2006
On March 16, 2006, New York Attorney General Eliot Spitzer sued H&R Block, accusing the company of deceptive marketing of its Express IRA retirement accounts. The lawsuit alleged the company assessed fees, including set-up fees, annual fees, and account closing fees that, for 85% of account holders, resulted in the account losing money. However, in July 2007, a New York state judge dismissed much of the lawsuit. Justice Karla Moskowitz of the State Supreme Court excused Block and five of its units from the lawsuit. She let stand the portion of the complaint concerning another unit, H&R Block Financial Advisers, but dismissed allegations of common law fraud. At the time of the ruling, H&R Block said it believed the remaining assertions lacked merit and that it would appeal. On January 6, 2009, a New York state appeals court overruled trial justice Karla Moskowitz's July 2007 ruling and reinstated the lawsuit against H&R Block Inc that accused the company of fraudulently marketing Express IRA retirement accounts to hundreds of thousands of lower-income clients nationwide. The matter was settled in 2009, and H&R Block agreed to pay $11.4 million to $19.4 million of fees to customers and $750,000 in fees and other costs.
Corporate affairs
H&R Block is a company headquartered in Kansas City, Missouri, governed by an 11-member board of directors and led by CEO Jeff Jones and CFO Tony Bowen. It employs around 2,700 regular full-time employees and up to 90,700 seasonal employees, generating over $3 billion in revenue annually. It also runs The Tax Institute at H&R Block.
Marketing
H&R Block has undertaken several high-profile marketing campaigns featuring celebrities such as Jon Hamm and Anthony Davis, with the most recent campaign during the 2017 Super Bowl featuring IBM Watson at its retail locations. In 2024, the company launched the spoof miniseries "responsibility island", combining taxes and reality TV. The company stated its goal was to attract new customers from Generation Z.
Corporate social responsibility
The company partners with Military One Source, which lets members of the military service file for free.
As part of its corporate social responsibility initiatives, in 2014 H&R Block launched an online game for high school students called the Budget Challenge. The challenge was part of the company's Dollars & Sense financial literacy effort and offered college scholarships up to 2019 for teenage students who won the games.
Business areas
Retail and digital tax services
H&R Block has 70,000 employees in its 10,000 U.S. retail tax offices. In addition to the company's traditional retail tax offices, it offers digital tax preparation programs and software. It filed 23 million tax returns worldwide in 2016.
The company's services Tax Pro Review and Tax Pro Go were launched in 2017. Tax Pro Review is an updated version of its former service Best of Both, where clients enter their information and do their returns online and are matched with Block tax professional reviews for help. H&R Block Tax Pro Go is marketed to online filers who do not want to or cannot visit an H&R Block office.
H&R Block's tax software comes in different versions. In addition to the free edition, there are Deluxe, Premium and Self-Employed editions. Users can log on using various devices, import photos of their W-2 forms and use a searchable knowledge base. The Deluxe and Premium editions include free online chat with a tax professional.
Block Advisors
In January 2016, H&R Block launched Block Advisors, a service that provides year-round consumer tax preparation. The company has opened about 350 Block Advisor offices. Its advisors include certified public accountants, enrolled agents, or have been certified by H&R Block as master tax advisors.
Partnerships
In 2014, the company formed a strategic alliance with Xero. As part of this alliance, H&R Block will exclusively promote Xero as its preferred small business online accounting solution. H&R Block has 11,000 branded locations nationwide, and will recommend Xero in the locations that sell H&R Block's Small Business Program suite of services.
The company signed a deal with Walmart in 2018, to make H&R Block software the only desktop tax preparation software sold at the retailer's stores. H&R Block also created a deal with Amazon.com in 2017 for better product placement of its suite of software products.
In 2017, H&R Block partnered with IBM to bring IBM Watson technology into its retail offices. Under the partnership, H&R Block tax pros received access to IBM's artificial intelligence system to help tax pros prepare better tax returns for clients.
In 2018, H&R Block partnered with LendingTree to allow customers credit score access via MyBlock.
As of 2022, H&R Block's tax preparation service shares user data with Facebook, which can be used for targeted advertising. This can include sensitive financial information from health savings accounts and college expenses, and this tax data is shared without consent even for users who opt out of the service.
Other products and services
Following research on the potential expat market in 2013, H&R Block began its Expat Tax Services program to offer tax advice to U.S. citizens living outside the country.
H&R Block maintains financial services products, including the Emerald Card pre-paid debit card and Emerald Advance line of credit. Additionally, the company's Tax Identity Shield offers identity theft protection.
H&R Block Bank
H&R Block Bank was chartered in 2006. In September 2015, it was sold to Axos Financial, which serviced Emerald cards until 2020.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
HRB Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
HRB Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| June 3, 2026 | $0.4200 |
| March 4, 2026 | $0.4200 |
| Dec. 4, 2025 | $0.4200 |
| Sept. 4, 2025 | $0.4200 |
| June 4, 2025 | $0.3750 |
| March 4, 2025 | $0.3750 |
| Dec. 5, 2024 | $0.3750 |
| Sept. 5, 2024 | $0.3750 |
| June 5, 2024 | $0.3200 |
| March 4, 2024 | $0.3200 |
| Dec. 4, 2023 | $0.3200 |
| Sept. 6, 2023 | $0.3200 |
| June 6, 2023 | $0.2900 |
| March 6, 2023 | $0.2900 |
| Dec. 5, 2022 | $0.2900 |
| Sept. 7, 2022 | $0.2900 |
| June 7, 2022 | $0.2700 |
| March 7, 2022 | $0.2700 |
| Dec. 3, 2021 | $0.2700 |
| Sept. 9, 2021 | $0.2700 |
HRB Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 1 8.3%
- Buy 0 0.0%
- Hold 5 41.7%
- Sell 5 41.7%
- Strong Sell 1 8.3%
12-Month Price Target
3 analysts · 2026-08-16Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $2.38 | $2.23 | 0.15% |
| March 31, 2026 | $6.02 | $5.83 | 0.19% |
| Dec. 31, 2025 | $-1.84 | $-1.88 | 0.04% |
| Sept. 30, 2025 | $-1.20 | $-1.37 | 0.17% |
| June 30, 2025 | $2.27 | $2.86 | -0.59% |
| March 31, 2025 | $5.38 | $5.22 | 0.16% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| HRB | — | 6.7 | 4.9% | 18.6% | -207.9% | — |
| SCI | $10.89B | 20.5 | 2.9% | 12.6% | 32.7% | 26.5% |
| LLYVA | — | — | 12.2% | -22.8% | 70.0% | — |
| FTDR | $4.09B | 16.9 | 13.6% | 12.2% | 106.0% | 55.3% |
| ADT | $6.18B | -13.9 | 4.7% | 11.6% | 16.0% | — |
| DRVN | $2.44B | 17.4 | 6.3% | 7.5% | 18.7% | — |
| MATW | — | -30.7 | -16.6% | -1.6% | -5.5% | 33.9% |
| CSV | $666M | 13.0 | 3.3% | 12.3% | 21.0% | 35.1% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 13
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.95B | $3.76B | $3.61B | $3.47B | · | · | $2.64B | $3.09B | $3.16B | |
| Cost of Revenue | $2.20B | $2.09B | $1.99B | $1.92B | · | · | $1.71B | $1.76B | $1.74B | |
| SG&A Expense | $841M | $847M | $814M | $800M | · | · | $744M | $722M | $668M | |
| Operating Expenses | $3.04B | $2.93B | $2.81B | $2.72B | · | · | $2.56B | $2.48B | $2.41B | |
| Other Non-op | $27M | $32M | $36M | $35M | · | · | $16M | $16M | $6M | |
| Pretax Income | $854M | $781M | $762M | $711M | · | · | $-3M | $545M | $669M | |
| Income Tax | $118M | $172M | $164M | $149M | · | · | $-10M | $100M | $42M | |
| Net Income | $734M | $606M | $595M | $554M | · | · | $-8M | $423M | $613M | |
| EPS (Basic) | $5.72 | $4.45 | $4.18 | $3.58 | · | · | $-0.04 | $2.05 | $2.93 | |
| EPS (Diluted) | $5.66 | $4.39 | $4.12 | $3.51 | · | · | $-0.04 | $2.04 | $2.91 | |
| Shares (Basic) | 127,644,000 | 135,629,000 | 141,932,000 | 154,044,000 | · | · | 196,701,000 | 205,372,000 | 208,824,000 | |
| Shares (Diluted) | 128,866,000 | 137,340,000 | 143,890,000 | 157,248,000 | · | · | 198,108,000 | 206,724,000 | 210,213,000 | |
| EBITDA | $122M | $117M | $122M | $131M | · | · | $170M | $167M | $183M |
Balance Sheet 24
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $959M | $983M | $1.05B | $987M | $323M | $892M | $2.66B | $1.57B | $1.54B | |
| Receivables | $58M | $64M | $69M | $60M | $61M | $57M | $133M | $139M | $147M | |
| Prepaid Expense | $89M | $96M | $95M | $112M | $78M | $70M | $52M | $147M | $81M | |
| Current Assets | $1.13B | $1.16B | $1.24B | $1.19B | $724M | $1.50B | $3.09B | $1.99B | $1.89B | |
| PP&E (Net) | $141M | $135M | $131M | $130M | $128M | $141M | $184M | $212M | $232M | |
| Accum. Depreciation | $864M | $829M | $839M | $846M | $867M | $857M | $796M | $746M | $745M | |
| Goodwill | $813M | $802M | $785M | $775M | $747M | $749M | $712M | $520M | $508M | |
| Intangibles | $267M | $259M | $264M | $277M | $303M | $337M | $415M | $342M | $374M | |
| Other Non-current Assets | $72M | $66M | $65M | $53M | $50M | $55M | $68M | $90M | $101M | |
| Total Assets | $3.26B | $3.26B | $3.22B | $3.07B | $2.56B | $3.37B | $5.11B | $3.30B | $3.14B | |
| Accounts Payable | $156M | $144M | $156M | $160M | $168M | $157M | $203M | $250M | $252M | |
| Current Liabilities | $993M | $1.30B | $977M | $939M | $790M | $753M | $1.58B | $923M | $844M | |
| Capital Leases | $382M | $323M | $265M | $241M | $223M | $221M | $313M | $0 | · | |
| Deferred Tax | · | · | · | · | · | · | · | $198M | $229M | |
| Other Non-current Liabilities | $108M | $104M | $103M | $107M | $94M | $90M | $125M | $145M | $180M | |
| Total Liabilities | $3.14B | $3.18B | $3.13B | $3.04B | $2.82B | $3.35B | $5.04B | $2.76B | $2.75B | |
| Long-term Debt | $1.49B | $1.49B | $1.49B | $1.49B | $1.49B | $1.98B | $3.50B | $1.49B | $1.50B | |
| Total Debt | $1.49B | $1.49B | $1.49B | $1.49B | · | · | $3.50B | $1.49B | $1M | |
| Common Stock | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | |
| Retained Earnings | $31M | $12M | $13M | $-49M | $-312M | $-75M | $43M | $499M | $363M | |
| Treasury Stock | $635M | $644M | $638M | $654M | $661M | $671M | $698M | $707M | $718M | |
| AOCI | $-64M | $-48M | $-49M | $-37M | $-54M | $-11M | $-52M | $-20M | $-14M | |
| Stockholders' Equity | $117M | $89M | $91M | $32M | $-265M | $16M | $71M | $542M | $394M | |
| Liabilities + Equity | $3.26B | $3.26B | $3.22B | $3.07B | $2.56B | $3.37B | $5.11B | $3.30B | $3.14B |
Cash Flow 14
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $122M | $117M | $122M | $131M | · | · | $170M | $167M | $183M | |
| Stock-based Comp | $30M | $33M | $34M | $31M | · | · | $28M | $24M | $22M | |
| Deferred Tax | $42M | $-24M | $-55M | $15M | · | · | $-13M | $6M | $60M | |
| Other Non-cash | $-90M | $-50M | $25M | $92M | · | · | $-68M | $-12M | $-29M | |
| Operating Cash Flow | $839M | $681M | $721M | $822M | · | · | $109M | $607M | $850M | |
| CapEx | $83M | $82M | $64M | $70M | · | · | $82M | $95M | $99M | |
| Investing Cash Flow | $-125M | $-105M | $-94M | $-101M | · | · | $-470M | $-155M | $-112M | |
| Debt Issued | · | · | · | · | · | · | · | · | $0 | |
| Net Debt Issued | $-350M | · | $0 | · | · | · | · | · | $0 | |
| Dividends Paid | $211M | $197M | $180M | $178M | · | · | $205M | $205M | $200M | |
| Financing Cash Flow | $-734M | $-647M | $-564M | $-751M | · | · | $1.53B | $-404M | $-191M | |
| Net Change in Cash | $-25M | $-72M | $60M | $-35M | · | · | $1.17B | $44M | $546M | |
| Taxes Paid | $202M | $227M | $131M | $-46M | · | · | $89M | $133M | $8M | |
| Free Cash Flow | $756M | $599M | $657M | $752M | · | · | $27M | $511M | $751M |
Profitability 5
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 18.6% | 16.1% | 16.5% | 16.0% | · | · | -0.29% | 13.7% | 19.4% | |
| Pretax Margin | 21.6% | 20.8% | 21.1% | 20.5% | · | · | -0.13% | 17.6% | 21.2% | |
| EBITDA Margin | 3.1% | 3.1% | 3.4% | 3.8% | · | · | 6.4% | 5.4% | 5.8% | |
| ROA | 22.5% | 18.7% | 18.9% | 19.7% | · | · | -0.18% | 14.4% | 21.5% | |
| ROE | -207.9% | -262.2% | -429.1% | -25586.9% | · | · | 6.1% | 257.7% | -402.9% |
Liquidity & Solvency 4
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.1 | 0.9 | 1.3 | 1.3 | · | · | 2.0 | 2.2 | 2.2 | |
| Quick Ratio | 1.0 | 0.8 | 1.1 | 1.1 | · | · | 1.8 | 1.9 | 2.0 | |
| Debt / Equity | 12.7 | 16.8 | 16.5 | 46.4 | · | · | 49.2 | 2.8 | 0.0 | |
| LT Debt / Equity | 12.7 | 12.9 | 16.5 | 46.4 | · | · | 40.1 | 2.8 | · |
Efficiency 2
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.2 | 1.2 | 1.1 | 1.2 | · | · | 0.6 | 1.1 | 1.1 | |
| Receivables Turnover | 64.7 | 56.7 | 55.9 | 57.4 | · | · | 5.5 | 6.9 | 6.7 |
Growth Rates 10
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 4.9% | 4.2% | 4.0% | 0.26% | · | · | · | · | · | |
| Revenue CAGR 3Y | 4.3% | 2.8% | 1.9% | 9.6% | · | · | · | · | · | |
| Revenue CAGR 5Y | 2.9% | 7.3% | · | · | · | · | · | · | · | |
| EPS YoY | 28.9% | 6.6% | 17.4% | 9.0% | · | · | · | · | · | |
| EPS CAGR 3Y | 17.3% | 10.9% | 10.2% | · | · | · | · | · | · | |
| EPS CAGR 5Y | 12.9% | · | · | · | · | · | · | · | · | |
| Net Income YoY | 21.1% | 1.8% | 7.5% | 0.00% | · | · | · | · | · | |
| Net Income CAGR 3Y | 9.8% | 3.0% | 0.65% | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 4.7% | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 1.6% | -0.75% | · | · | · | · | · | · | · |
Valuation (TTM) 6
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.95B | $3.76B | $3.61B | $3.47B | · | · | $2.64B | $3.09B | $3.16B | |
| Net Income TTM | $734M | $606M | $595M | $554M | · | · | $-8M | $423M | $613M | |
| P/E | 6.7 | 12.5 | 13.2 | 9.1 | · | · | -416.2 | 13.3 | 9.5 | |
| Earnings Yield | 14.9% | 8.0% | 7.6% | 11.0% | · | · | -0.24% | 7.5% | 10.5% | |
| Payout Ratio | 28.8% | 32.6% | 30.2% | 32.1% | · | · | -2722.2% | 48.6% | 32.7% | |
| Annual Payout | $211M | $197M | $180M | $178M | · | · | $205M | $205M | $200M |
Income Statement 13
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.14B | $2.40B | $199M | $204M | $1.11B | $2.28B | $179M | $194M | $1.06B | $2.18B | $179M | $184M | $1.03B | $2.09B | $166M | $180M | |
| Cost of Revenue | $551M | $1.03B | $340M | $274M | $533M | $969M | $314M | $270M | $506M | $926M | $300M | $259M | $481M | $884M | $298M | $261M | |
| SG&A Expense | $218M | $329M | $158M | $137M | $207M | $329M | $158M | $153M | $205M | $331M | $147M | $131M | $175M | $345M | $151M | $128M | |
| Operating Expenses | $768M | $1.36B | $498M | $411M | $740M | $1.30B | $472M | $422M | $712M | $1.26B | $447M | $390M | $656M | $1.23B | $450M | $389M | |
| Other Non-op | $12M | $4M | $3M | $8M | $12M | $5M | $3M | $12M | $15M | $5M | $6M | $10M | $14M | $13M | $4M | $4M | |
| Pretax Income | $373M | $1.02B | $-319M | $-216M | $368M | $958M | $-312M | $-232M | $350M | $907M | $-283M | $-212M | $375M | $855M | $-298M | $-221M | |
| Income Tax | $79M | $168M | $-78M | $-51M | $67M | $235M | $-70M | $-61M | $92M | $216M | $-94M | $-49M | $71M | $209M | $-77M | $-54M | |
| Net Income | $294M | $848M | $-242M | $-166M | $299M | $722M | $-243M | $-173M | $258M | $691M | $-190M | $-163M | $302M | $643M | $-224M | $-168M | |
| EPS (Basic) | $2.24 | $6.66 | $-1.92 | $-1.26 | $2.12 | $5.37 | $-1.80 | $-1.24 | $1.70 | $4.93 | $-1.33 | $-1.12 | $1.88 | $4.21 | $-1.45 | $-1.06 | |
| EPS (Diluted) | $2.28 | $6.60 | · | · | $2.18 | $5.31 | · | · | $1.80 | $4.86 | · | · | $1.93 | $4.12 | · | · | |
| Shares (Basic) | -257,069,000 | 126,760,000 | 126,566,000 | 131,387,000 | -272,941,000 | 133,853,000 | 135,563,000 | 139,154,000 | -286,206,000 | 139,525,000 | 142,340,000 | 146,273,000 | -311,640,000 | 152,281,000 | 154,119,000 | 159,284,000 | |
| Shares (Diluted) | -256,900,000 | 127,813,000 | 126,566,000 | 131,387,000 | -272,706,000 | 135,329,000 | 135,563,000 | 139,154,000 | -286,263,000 | 141,540,000 | 142,340,000 | 146,273,000 | -311,716,000 | 155,561,000 | 154,119,000 | 159,284,000 | |
| EBITDA | · | $32M | $30M | $29M | · | · | · | $29M | · | · | · | $30M | · | · | · | $34M |
Balance Sheet 23
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $959M | $867M | $349M | $376M | $983M | $773M | $320M | $416M | $1.05B | $795M | $321M | $427M | · | $909M | $264M | · | |
| Receivables | $58M | $298M | $352M | $64M | $64M | $352M | $321M | $70M | $69M | $347M | $397M | $60M | · | $249M | $329M | · | |
| Prepaid Expense | $89M | $104M | $120M | $103M | $96M | $104M | $115M | $103M | $95M | $106M | $89M | $72M | · | $87M | $108M | · | |
| Current Assets | $1.13B | $1.29B | $842M | $564M | $1.16B | $1.25B | $777M | $612M | $1.24B | $1.27B | $899M | $632M | · | $1.30B | $776M | · | |
| PP&E (Net) | $141M | $148M | $150M | $138M | $135M | $146M | $144M | $136M | $131M | $140M | $137M | $132M | · | $136M | $137M | · | |
| Accum. Depreciation | $864M | $881M | $865M | $845M | $829M | $865M | $850M | $840M | $839M | $884M | $873M | $858M | · | $893M | $881M | · | |
| Goodwill | $813M | $816M | $816M | $798M | $802M | $786M | $783M | $792M | $785M | $788M | $789M | $771M | $775M | $770M | $765M | · | |
| Intangibles | $267M | $276M | $271M | $254M | $259M | $270M | $271M | $256M | $264M | $277M | $275M | $268M | · | $293M | $305M | · | |
| Other Non-current Assets | $72M | $71M | $64M | $67M | $66M | $70M | $66M | $66M | $65M | $64M | $51M | $48M | · | $57M | $47M | · | |
| Total Assets | $3.26B | $3.39B | $2.93B | $2.62B | $3.26B | $3.25B | $2.71B | $2.55B | $3.22B | $3.21B | $2.78B | $2.51B | · | $3.16B | $2.59B | · | |
| Accounts Payable | $156M | $304M | $146M | $146M | $144M | $244M | $137M | $162M | $156M | $247M | $143M | $150M | · | $236M | $137M | · | |
| Current Liabilities | $993M | $1.29B | $655M | $740M | $1.30B | $1.59B | $1.06B | $796M | $977M | $1.24B | $746M | $793M | · | $1.12B | $646M | · | |
| Capital Leases | $382M | $326M | $299M | $306M | $323M | $253M | $228M | $247M | $265M | $215M | $209M | $224M | · | $199M | $205M | · | |
| Other Non-current Liabilities | $108M | $117M | $65M | $81M | $104M | $115M | $72M | $87M | $103M | $116M | $69M | $84M | · | $135M | $86M | · | |
| Total Liabilities | $3.14B | $3.42B | $3.75B | $3.17B | $3.18B | $3.44B | $3.58B | $2.92B | $3.13B | $3.34B | $3.55B | $2.86B | · | $3.19B | $3.24B | · | |
| Long-term Debt | $1.49B | $1.49B | $2.44B | $1.73B | $1.49B | $1.49B | $2.28B | $1.49B | $1.49B | $1.49B | $2.29B | $1.49B | · | $1.49B | $2.07B | · | |
| Total Debt | · | $1.49B | $2.44B | $1.73B | · | $1.49B | $2.28B | $1.49B | · | $1.49B | $2.29B | $1.49B | · | $1.49B | $2.07B | · | |
| Common Stock | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | · | $2M | $2M | · | |
| Retained Earnings | $31M | $-110M | $-905M | $-609M | $12M | $-237M | $-909M | $-425M | $13M | $-200M | $-846M | $-394M | · | $-109M | $-708M | · | |
| Treasury Stock | $635M | $637M | $637M | $644M | $644M | $645M | $646M | $647M | $638M | $638M | $638M | $645M | · | $660M | $660M | · | |
| AOCI | $-64M | $-55M | $-51M | $-57M | $-48M | $-71M | $-72M | $-43M | $-49M | $-46M | $-36M | $-48M | · | $-44M | $-45M | · | |
| Stockholders' Equity | $117M | $-24M | $-823M | $-551M | $89M | $-193M | $-872M | $-368M | $91M | $-130M | $-773M | $-345M | $32M | $-36M | $-643M | · | |
| Liabilities + Equity | $3.26B | $3.39B | $2.93B | $2.62B | $3.26B | $3.25B | $2.71B | $2.55B | $3.22B | $3.21B | $2.78B | $2.51B | · | $3.16B | $2.59B | · |
Cash Flow 14
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $32M | $32M | $30M | $29M | $30M | $29M | $29M | $29M | $31M | $31M | $30M | $30M | $32M | $32M | $33M | $34M | |
| Stock-based Comp | $8M | $8M | $8M | $6M | $7M | $7M | $9M | $9M | $9M | $8M | $10M | $8M | $5M | $9M | $10M | $8M | |
| Amort. of Intangibles | · | $12M | $11M | $11M | · | $11M | $12M | $13M | · | $15M | $15M | $16M | · | $18M | $18M | $18M | |
| Other Non-cash | · | · | · | $-226M | · | · | · | $-194M | · | · | · | $-209M | · | · | · | $-195M | |
| Operating Cash Flow | $252M | $1.56B | $-614M | $-357M | $252M | $1.32B | $-567M | $-329M | $301M | $1.36B | $-607M | $-335M | $323M | $1.28B | $-459M | $-322M | |
| CapEx | $15M | $18M | $36M | $13M | $10M | $23M | $30M | $19M | $10M | $21M | $20M | $13M | $13M | $15M | $25M | $16M | |
| Investing Cash Flow | $-2M | $-31M | $-71M | $-21M | $6M | $-23M | $-61M | $-26M | $6M | $-29M | $-47M | $-24M | $-102.0K | $-2M | $-62M | $-37M | |
| Debt Issued | · | $0 | $0 | $350 | · | · | · | · | · | · | · | · | · | · | · | · | |
| Net Debt Issued | · | · | · | $0 | · | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid | $53M | $53M | $54M | $50M | $50M | $50M | $52M | $45M | $45M | $45M | $47M | $43M | $44M | $45M | $46M | $43M | |
| Financing Cash Flow | $-155M | $-1.01B | $655M | $-225M | $-52M | $-854M | $543M | $-284M | $-44M | $-856M | $531M | $-195M | $-245M | $-634M | $376M | $-247M | |
| Net Change in Cash | $91M | $518M | $-29M | $-606M | $213M | $448M | $-97M | $-636M | $262M | $474M | $-119M | $-558M | $81M | $642M | $-139M | $-619M | |
| Taxes Paid | $67M | $6M | $51M | $78M | $51M | $66M | $62M | $48M | $-35M | $36M | $72M | $58M | $209M | $-110M | $-114M | $-30M | |
| Free Cash Flow | · | · | · | $-370M | · | · | · | $-347M | · | · | · | $-348M | · | · | · | $-338M |
Profitability 5
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | · | 35.4% | -121.8% | -81.5% | · | 31.7% | -135.9% | -89.0% | · | 31.6% | -106.0% | -88.9% | · | 30.7% | -134.4% | -93.6% | |
| Pretax Margin | · | 42.4% | -160.5% | -106.3% | · | 42.1% | -174.4% | -119.8% | · | 41.5% | -158.0% | -115.5% | · | 40.9% | -179.1% | -123.0% | |
| EBITDA Margin | · | 1.3% | 15.1% | 14.2% | · | · | · | 14.9% | · | · | · | 16.4% | · | · | · | 18.7% | |
| ROA | · | 25.6% | -8.6% | -6.4% | · | 22.4% | -8.9% | -6.8% | · | 21.7% | -7.1% | -4.3% | · | 20.3% | -8.7% | · | |
| ROE | · | -780.7% | 28.6% | 36.1% | · | -447.8% | 29.6% | 48.4% | · | -831.2% | 26.8% | 156.0% | · | -225.4% | 48.4% | · |
Liquidity & Solvency 4
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | · | 1.0 | 1.3 | 0.8 | · | 0.8 | 0.7 | 0.8 | · | 1.0 | 1.2 | 0.8 | · | 1.2 | 1.2 | · | |
| Quick Ratio | · | 0.9 | 1.1 | 0.6 | · | 0.7 | 0.6 | 0.6 | · | 0.9 | 1.0 | 0.6 | · | 1.0 | 0.9 | · | |
| Debt / Equity | · | -61.2 | -3.0 | -3.1 | · | -7.7 | -2.6 | -4.1 | · | -11.5 | -3.0 | -4.3 | · | -40.9 | -3.2 | · | |
| LT Debt / Equity | · | -61.2 | -3.0 | -3.1 | · | -5.9 | -2.2 | -4.1 | · | -11.5 | -3.0 | -4.3 | · | -40.9 | -3.2 | · |
Efficiency 2
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | · | 0.7 | 0.1 | 0.1 | · | 0.7 | 0.1 | 0.1 | · | 0.7 | 0.1 | 0.0 | · | 0.7 | 0.1 | · | |
| Receivables Turnover | · | 7.4 | 0.6 | 3.0 | · | 6.5 | 0.5 | 3.0 | · | 7.3 | 0.5 | 2.3 | · | 5.2 | 0.8 | · |
Valuation (TTM) 3
| Metric | Trend | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | · | $5.08B | $2.86B | $2.85B | · | $4.83B | $2.74B | $2.74B | · | $4.64B | $2.62B | $2.62B | · | $4.50B | $2.57B | $2.59B | |
| Net Income TTM | · | $1.16B | $71M | $141M | · | $997M | $85M | $165M | · | $981M | $67M | $88M | · | $925M | $91M | $163M | |
| Payout Ratio | · | · | · | -30.3% | · | · | · | -25.9% | · | · | · | -26.3% | · | · | · | -25.6% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-09-30 | |
|---|---|---|---|---|---|
| Revenue | $3.95B | $3.76B | $3.61B | $3.47B | — |
| Net Income | $734M | $606M | $595M | $554M | — |
| Diluted EPS | $5.66 | $4.39 | $4.12 | $3.51 | — |
Balance Sheet
| 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-09-30 | |
|---|---|---|---|---|---|
| Debt / Equity | 12.7 | 16.8 | 16.5 | 46.4 | — |
| Current Ratio | 1.1 | 0.9 | 1.3 | 1.3 | — |
| Quick Ratio | 1.0 | 0.8 | 1.1 | 1.1 | — |
Cash Flow
| 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-09-30 | |
|---|---|---|---|---|---|
| Free Cash Flow | $756M | $599M | $657M | $752M | — |
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Institutional owners (13F) 595 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 |
|---|---|---|---|---|
| 127 (+35 vs prior Q) | 64 (-23 vs prior Q) | 184 (-21 vs prior Q) | 144 (+8 vs prior Q) | +15.1M |
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.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| FMR LLC | $282,359,153 | 7,414,894 | 9.75% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $236,501,552 | 6,210,650 | 8.17% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $217,556,600 | 5,713,146 | 7.51% | Shares |
| STATE STREET CORP | $160,033,526 | 4,157,916 | 5.53% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $151,403,129 | 3,975,923 | 5.23% | Shares |
| LAZARD ASSET MANAGEMENT LLC | $123,549,570 | 3,244,474 | 4.27% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $97,605,922 | 2,562,610 | 3.37% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $81,484,303 | 2,139,818 | 2.81% | Shares |
| FIRST TRUST ADVISORS LP | $76,447,542 | 2,007,551 | 2.64% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $72,825,220 | 1,912,427 | 2.51% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $70,261,598 | 1,845,105 | 2.43% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $65,277,383 | 1,714,217 | 2.25% | Shares |
| Ranmore Fund Management Ltd | $53,312,000 | 1,400,000 | 1.84% | Shares |
| Framtiden Holdings Management Co LLC | $47,219,200 | 1,140,000 | 1.63% | Shares |
| NORGES BANK | $46,436,694 | 1,219,451 | 1.60% | Shares |
| ROYCE & ASSOCIATES LP | $40,492,558 | 1,063,355 | 1.40% | Shares |
| GOLDMAN SACHS GROUP INC | $39,446,234 | 1,035,878 | 1.36% | Shares |
| VANGUARD GROUP INC | $33,672,261 | 772,654 | 1.16% | Shares |
| Quantinno Capital Management LP | $31,471,877 | 826,467 | 1.09% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $30,627,363 | 804,290 | 1.06% | Shares |
| CAPITAL FUND MANAGEMENT S.A. | $29,147,840 | 765,437 | 1.01% | Shares |
| Prevatt Capital Ltd | $27,036,800 | 710,000 | 0.93% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $23,854,607 | 626,434 | 0.82% | Shares |
| BARCLAYS PLC | $22,847,391 | 599,984 | 0.79% | Shares |
| Lodge Hill Capital, LLC | $21,549,472 | 565,900 | 0.74% | Shares |
| CITADEL ADVISORS LLC | $20,339,442 | 534,124 | 0.70% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $19,230,400 | 505,000 | 0.66% | Shares |
| BlackRock, Inc. | $17,038,820 | 447,448 | 0.59% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $16,049,159 | 421,459 | 0.55% | Shares |
| SEI INVESTMENTS CO | $15,530,920 | 407,850 | 0.54% | Shares |
| ALPS ADVISORS INC | $13,718,168 | 360,246 | 0.47% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $13,430,816 | 352,700 | 0.46% | Put option |
| Swedbank AB | $13,162,085 | 345,643 | 0.45% | Shares |
| RHUMBLINE ADVISERS | $12,918,568 | 339,250 | 0.45% | Shares |
| Balyasny Asset Management L.P. | $12,826,601 | 336,833 | 0.44% | Shares |
| Boston Trust Walden Corp | $12,447,705 | 326,883 | 0.43% | Shares |
| AMERIPRISE FINANCIAL INC | $12,307,559 | 322,924 | 0.42% | Shares |
| MACKENZIE FINANCIAL CORP | $11,742,615 | 308,367 | 0.41% | Shares |
| TWO SIGMA INVESTMENTS, LP | $11,469,163 | 301,186 | 0.40% | Shares |
| BANK OF AMERICA CORP /DE/ | $11,394,031 | 299,213 | 0.39% | Shares |
| RWWM, INC. | $11,282,038 | 296,272 | 0.39% | Shares |
| Mariner, LLC | $11,162,123 | 293,120 | 0.39% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $10,907,407 | 286,434 | 0.38% | Shares |
| SPROTT INC. | $10,852,800 | 285,000 | 0.37% | Shares |
| Robeco Institutional Asset Management B.V. | $10,769,176 | 282,804 | 0.37% | Shares |
| Grantham, Mayo, Van Otterloo & Co. LLC | $10,327,182 | 271,197 | 0.36% | Shares |
| ALGERT GLOBAL LLC | $10,128,518 | 265,980 | 0.35% | Shares |
| Sound Income Strategies, LLC | $9,973,283 | 261,903 | 0.34% | Shares |
| California Public Employees Retirement System | $9,857,503 | 258,863 | 0.34% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $9,780,467 | 256,840 | 0.34% | Shares |
| Swiss National Bank | $9,687,552 | 254,400 | 0.33% | Shares |
| Cambria Investment Management, L.P. | $9,683,135 | 254,284 | 0.33% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $9,627,766 | 252,830 | 0.33% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $9,024,960 | 237,000 | 0.31% | Call option |
| ALLIANCEBERNSTEIN L.P. | $8,668,861 | 273,121 | 0.30% | Shares |
| Brookstone Capital Management | $7,332,123 | 192,545 | 0.25% | Shares |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $7,036,531 | 184,106 | 0.24% | Shares |
| Corient Private Wealth LP | $6,768,186 | 177,730 | 0.23% | Shares |
| Engineers Gate Manager LP | $6,544,315 | 171,857 | 0.23% | Shares |
| IEQ CAPITAL, LLC | $6,285,328 | 165,056 | 0.22% | Shares |
| Midwest Trust Co | $6,232,135 | 163,659 | 0.22% | Shares |
| Trexquant Investment LP | $6,113,363 | 160,540 | 0.21% | Shares |
| UBS Group AG | $5,951,485 | 156,289 | 0.21% | Shares |
| CITADEL ADVISORS LLC | $5,826,240 | 153,000 | 0.20% | Call option |
| SEIZERT CAPITAL PARTNERS, LLC | $5,576,435 | 146,440 | 0.19% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $5,108,432 | 134,150 | 0.18% | Shares |
| Vanguard Global Advisers, LLC | $5,056,757 | 132,793 | 0.17% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $4,993,051 | 131,120 | 0.17% | Shares |
| Retirement Systems of Alabama | $4,992,516 | 131,106 | 0.17% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $4,809,085 | 126,289 | 0.17% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $4,735,957 | 149,211 | 0.16% | Shares |
| CRAWFORD INVESTMENT COUNSEL INC | $4,700,960 | 123,450 | 0.16% | Shares |
| Elo Mutual Pension Insurance Co | $4,621,351 | 121,359 | 0.16% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $4,608,327 | 121,017 | 0.16% | Shares |
| MARSHALL WACE, LLP | $4,603,758 | 120,897 | 0.16% | Shares |
| NISA INVESTMENT ADVISORS, LLC | $4,556,936 | 118,362 | 0.16% | Shares |
| Qube Research & Technologies Ltd | $4,463,623 | 117,217 | 0.15% | Shares |
| Assenagon Asset Management S.A. | $4,454,598 | 116,980 | 0.15% | Shares |
| Inlet Private Wealth, LLC | $4,335,495 | 113,852 | 0.15% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $4,114,201 | 108,041 | 0.14% | Shares |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $4,061,004 | 113,628 | 0.14% | Shares |
| Round Hill Asset Management | $4,051,560 | 106,396 | 0.14% | Shares |
| ROYAL BANK OF CANADA | $4,030,000 | 105,820 | 0.14% | Shares |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $3,918,432 | 102,900 | 0.14% | Shares |
| LPL Financial LLC | $3,841,553 | 100,881 | 0.13% | Shares |
| RAYMOND JAMES FINANCIAL INC | $3,830,758 | 100,598 | 0.13% | Shares |
| Qsemble Capital Management, LP | $3,704,118 | 97,272 | 0.13% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $3,617,600 | 95,000 | 0.12% | Shares |
| SummitTX Capital, L.P. | $3,541,364 | 92,998 | 0.12% | Shares |
| Mubadala Investment Co PJSC | $3,414,976 | 89,679 | 0.12% | Shares |
| Cerity Partners LLC | $3,391,719 | 89,068 | 0.12% | Shares |
| Brevan Howard Capital Management LP | $3,370,651 | 88,515 | 0.12% | Shares |
| Range Financial Group LLC | $3,366,424 | 88,404 | 0.12% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $3,291,369 | 86,433 | 0.11% | Shares |
| Focus Partners Wealth | $3,188,930 | 83,704 | 0.11% | Shares |
| Vest Financial, LLC | $3,182,726 | 83,580 | 0.11% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $3,134,441 | 82,312 | 0.11% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $2,984,672 | 78,379 | 0.10% | Shares |
| JANE STREET GROUP, LLC | $2,966,432 | 77,900 | 0.10% | Put option |
| WEDGE CAPITAL MANAGEMENT L L P/NC | $2,929,729 | 92,304 | 0.10% | Shares |
Company insiders 79 insiders · 32 officers · 15 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Alan M Bennett | President and CEO | Sept. 13, 2010 P | 14,886 | 0 | 0 | $0 |
| SMYTH RUSSELL P | President and CEO | Oct. 1, 2009 A | 28,095 | 0 | 0 | $0 |
| Mark A Ernst | Chairman, President and CEO | Oct. 19, 2007 M | 306,484 | 0 | 0 | $0 |
| Robert E Dubrish | President and CEO, Option One | July 2, 2007 M | 44,791 | 0 | 0 | $0 |
| Brian L Nygaard | President and CEO, HRBFA | Nov. 5, 2004 F | 16,424 | 0 | 0 | $0 |
| William L Trubeck | Executive VP and CFO | Oct. 17, 2007 A | 1,728 | 0 | 0 | $0 |
| Frank J Cotroneo | Senior Vice President and CFO | Sept. 15, 2003 M | 27,859 | 0 | 0 | $0 |
| Delos (Kip) L Knight III | President, U.S. Retail Ops | Dec. 3, 2015 F | 24,510 | 0 | 0 | $0 |
| Susan Ehrlich | President, Financial Services | June 30, 2013 A | 17,394 | 0 | 0 | $0 |
| Charles Elliott Andrews | President, RSM McGladrey | Oct. 1, 2010 A | 15,000 | 0 | 0 | $0 |
| Timothy C Gokey | President, Retail Tax | Oct. 1, 2008 A | 39,367 | 0 | 0 | $0 |
| Thomas A Allanson | President, Digital | July 30, 2008 M | 12,584 | 0 | 0 | $0 |
| Steven Tait | President, Business Services | July 3, 2008 A | 28,417 | 0 | 0 | $0 |
| Marc West | President, Commercial Markets | April 4, 2008 S | 1,961 | 0 | 0 | $0 |
| Jeffery W Yabuki | Executive VP and COO | Nov. 30, 2005 J | 151,664 | 0 | 0 | $0 |
| Gregory J Macfarlane | SVP, U.S. Retail Prods & Ops | Dec. 9, 2016 F | 120,260 | 0 | 0 | $0 |
| Jason Houseworth | Chief Innovation Officer | July 18, 2016 A | 70,450 | 0 | 0 | $0 |
| Jeffrey Brown | Chief Accounting and Risk Offi | July 1, 2016 F | 98,473 | 0 | 0 | $0 |
| Richard K Agar | SVP and CIO | Sept. 30, 2011 F | 48,150 | 0 | 0 | $0 |
| Colby R Brown | VP and Corporate Controller | Sept. 30, 2011 F | 9,248 | 0 | 0 | $0 |
| Robert J Turtledove | SVP, Chief Marketing Officer | Oct. 1, 2010 A | 14,420 | 0 | 0 | $0 |
| Brian J Woram | SVP and General Counsel | Oct. 1, 2009 A | 45,920 | 0 | 0 | $0 |
| Tammy S Serati | Senior VP, Human Resources | June 5, 2009 A | 1,606 | 0 | 0 | $0 |
| Carol F Graebner | Executive VP, General Counsel | Jan. 8, 2008 A | 251 | 0 | 0 | $0 |
| Jeff E Nachbor | SVP, Corporate Controller | June 30, 2007 A | 6,790 | 0 | 0 | $0 |
| Nicholas J Spaeth | SVP and Chief Legal Officer | Oct. 2, 2006 J | 61,255 | 0 | 0 | $0 |
| Steven Nadon | Pres., Consumer Fin'l Services | July 19, 2006 S | 56,241 | 0 | 0 | $0 |
| Bret G Wilson | Vice President and Secretary | April 3, 2006 J | 5,419 | 0 | 0 | $0 |
| Linda M Mcdougall | Vice President, Communications | Dec. 29, 2005 P | 12,121 | 0 | 0 | $0 |
| Melanie K Coleman | VP and Corporate Controller | July 15, 2005 J | 5,711 | 0 | 0 | $0 |
| Timothy R Mertz | Vice President, Corporate Tax | June 30, 2005 A | 2,259 | 0 | 0 | $0 |
| James H Ingraham | Senior VP and General Counsel | July 29, 2003 M | 2,576 | 0 | 0 | $0 |
| Marvin R Ellison | Director | Sept. 12, 2013 A | 22,753 | 0 | 0 | $0 |
| Richard C Breeden | Director | Nov. 1, 2010 A | 60,562 | 0 | 0 | $0 |
| Len J Lauer | Director | Nov. 1, 2010 A | 33,548 | 0 | 0 | $0 |
| Edward L Shaw JR | Director | Nov. 1, 2010 A | 23,548 | 0 | 0 | $0 |
| Thomas M Bloch | Director | Nov. 2, 2009 A | 92,282 | 0 | 0 | $0 |
| Roger W Hale | Director | July 1, 2008 M | 66,301 | 0 | 0 | $0 |
| Henry F Frigon | Director | Jan. 8, 2008 A | 7,013 | 0 | 0 | $0 |
| Rayford Wilkins JR | Director | Aug. 31, 2007 A | 13,479 | 0 | 0 | $0 |
| Louis W Smith | Director | June 30, 2007 A | 27,753 | 0 | 0 | $0 |
| Donna R Ecton | Director | June 30, 2007 A | 552 | 0 | 0 | $0 |
| CHOATE JERRY D | Director | June 30, 2007 A | 10,000 | 0 | 0 | $0 |
| Kenneth G Baum | Director | June 30, 2005 A | 10,589 | 0 | 0 | $0 |
| Mark J. Darling | — | Aug. 12, 2026 A | 22,318 | 0 | 0 | $0 |
| Dara S Redler | — | Aug. 12, 2026 A | 60,629 | 0 | 0 | $0 |
| Curtis A Campbell | — | July 8, 2026 F | 42,987 | 0 | 0 | $0 |
| Christian H. Charnaux | — | Jan. 22, 2026 A | 3,727 | 0 | 0 | $0 |
| Stephanie Plaines | — | Jan. 22, 2026 A | 3,727 | 0 | 0 | $0 |
| Geralyn Breig | — | Jan. 22, 2026 A | 3,727 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Harris Associates L.P. ×2 filings | Sept. 19, 2007 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 117 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 |
|---|---|---|---|---|
| MDPL · Northern Lights Fund Trust IV | 3.34% | 52,838 NS | May 31, 2026 | N-PORT |
| ZIG · ETF Series Solutions | 3.22% | 33,243 NS | April 30, 2026 | N-PORT |
| PEY · Invesco Exchange-Traded Fund Trust | 1.87% | 473,610 SH | Aug. 8, 2026 | Daily |
| OUSM · ALPS ETF Trust | 1.49% | 339,391 NS | May 31, 2026 | N-PORT |
| PSL · Invesco Exchange-Traded Fund Trust | 1.35% | 24,650 SH | Aug. 8, 2026 | Daily |
| RNIN · EA Series Trust | 1.18% | 57,017 NS | April 30, 2026 | N-PORT |
| SYLD · Cambria ETF Trust | 0.97% | 293,555 NS | April 30, 2026 | N-PORT |
| RDIV · Invesco Exchange-Traded Fund Trust … | 0.85% | 257,612 SH | Aug. 8, 2026 | Daily |
| FXD · First Trust Exchange-Traded AlphaDE… | 0.82% | 68,836 NS | April 30, 2026 | N-PORT |
| HIDV · AB Active ETFs, Inc. | 0.81% | 40,588 NS | May 31, 2026 | N-PORT |
| SOVF · Elevation Series Trust | 0.73% | 21,708 NS | April 30, 2026 | N-PORT |
| MCOW · Pacer Funds Trust | 0.73% | 226 NS | April 30, 2026 | N-PORT |
| GMOV · GMO ETF Trust | 0.71% | 16,710 NS | May 31, 2026 | N-PORT |
| HDUS · Lattice Strategies Trust | 0.64% | 36,139 NS | April 30, 2026 | N-PORT |
| FBCV · FIDELITY COVINGTON TRUST | 0.63% | 31,778 NS | April 30, 2026 | N-PORT |
| CALF · Pacer Funds Trust | 0.62% | 670,875 NS | April 30, 2026 | N-PORT |
| QDF · FlexShares Trust | 0.51% | 341,550 NS | April 30, 2026 | N-PORT |
| AFMC · First Trust Exchange-Traded Fund VI… | 0.51% | 21,429 NS | May 31, 2026 | N-PORT |
| QDEF · FlexShares Trust | 0.51% | 84,660 NS | April 30, 2026 | N-PORT |
| DVY · iShares Trust | 0.49% | 2,502,368 SH | Aug. 8, 2026 | Daily |
| ROUS · Lattice Strategies Trust | 0.48% | 88,537 NS | April 30, 2026 | N-PORT |
| FFLV · FIDELITY COVINGTON TRUST | 0.44% | 2,428 NS | April 30, 2026 | N-PORT |
| AFSM · First Trust Exchange-Traded Fund VI… | 0.43% | 11,089 NS | May 31, 2026 | N-PORT |
| AKAF · ETF Series Solutions | 0.29% | 223 NS | May 31, 2026 | N-PORT |
| VFVA · VANGUARD WELLINGTON FUND | 0.26% | 58,422 SH | Aug. 8, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.26% | 162,315 SH | Aug. 8, 2026 | Daily |
| SMLF · iShares Trust | 0.25% | 229,718 SH | Aug. 8, 2026 | Daily |
| SDVD · First Trust Exchange-Traded Fund IV | 0.23% | 59,801 NS | April 30, 2026 | N-PORT |
| MIDE · DBX ETF Trust | 0.20% | 171 NS | May 29, 2026 | N-PORT |
| BKSE · BNY Mellon ETF Trust | 0.19% | 4,905 NS | April 30, 2026 | N-PORT |
| RWK · Invesco Exchange-Traded Fund Trust … | 0.19% | 55,984 SH | Aug. 8, 2026 | Daily |
| XJH · iShares Trust | 0.18% | 17,193 SH | Aug. 8, 2026 | Daily |
| QLV · FlexShares Trust | 0.18% | 9,646 NS | April 30, 2026 | N-PORT |
| ISCV · iShares Trust | 0.18% | 27,486 SH | Aug. 8, 2026 | Daily |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.17% | 4,664,000 | Aug. 8, 2026 | Daily |
| FNDA · SCHWAB STRATEGIC TRUST | 0.16% | 379,705 NS | May 31, 2026 | N-PORT |
| IJK · iShares Trust | 0.16% | 385,969 SH | Aug. 8, 2026 | Daily |
| IJH · iShares Trust | 0.16% | 4,371,020 SH | Aug. 8, 2026 | Daily |
| PKW · Invesco Exchange-Traded Fund Trust | 0.16% | 61,072 SH | Aug. 8, 2026 | Daily |
| IJJ · iShares Trust | 0.16% | 308,963 SH | Aug. 8, 2026 | Daily |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.15% | 21,558 NS | April 30, 2026 | N-PORT |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.15% | 20,155 NS | April 30, 2026 | N-PORT |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.13% | 204,520 SH | Aug. 8, 2026 | Daily |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.13% | 52,266 SH | Aug. 8, 2026 | Daily |
| IVOG · VANGUARD ADMIRAL FUNDS | 0.13% | 65,040 SH | Aug. 8, 2026 | Daily |
| VCR · VANGUARD WORLD FUND | 0.13% | 237,632 SH | Aug. 8, 2026 | Daily |
| FSMD · FIDELITY COVINGTON TRUST | 0.13% | 94,186 NS | April 30, 2026 | N-PORT |
| PTMC · Pacer Funds Trust | 0.12% | 14,541 NS | April 30, 2026 | N-PORT |
| BSCS · Invesco Exchange-Traded Self-Indexe… | 0.11% | 4,135,000 | Aug. 8, 2026 | Daily |
| MVV · ProShares Trust | 0.11% | 4,381 NS | May 31, 2026 | N-PORT |