KNF Knife Riv Holding Co. Common Stock
$66.73
Price · Aug 19, 2026
Fundamentals as of Aug 4, 2026
52W Range
$59–$96
21% of range
Analyst Rating
STRONG BUY
14 analysts
Price Target
$97
+45% upside
P/E (TTM)
24.4
ROE
10.1%
Net Profit Margin
5.0%
KNF Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$66.73
Market Cap
$3.82B
P/E (TTM)
24.4
EPS (TTM)
$2.76
Revenue (TTM)
$3.15B
Div Yield
—
ROE
10.1%
Debt/Equity
0.7
52W Range
$59 – $96
KNF Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Configure
10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$3.15B
2023-12-31
→
2025-12-31
EPS
$2.76
2023-12-31
→
2025-12-31
Free Cash Flow
$-70M
2023-12-31
→
2025-12-31
Margins
5.0%
2023-12-31
→
2025-12-31
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
KNF
Peer Median
P/E (TTM)
24.4
24.2
P/S (TTM)
1.2
2.5
P/B
2.3
5.0
EV / EBITDA
10.2
—
Price / FCF
-54.9
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
KNF
Peer Median
Gross Margin
18.4%
27.9%
Operating Margin
9.1%
—
Net Profit Margin
5.0%
13.5%
ROA
4.8%
9.5%
ROE
10.1%
17.2%
ROIC
7.5%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
KNF
Peer Median
Debt / Equity
0.7
8.8
Current Ratio
2.5
2.7
Quick Ratio
0.9
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
KNF
Peer Median
Revenue YoY
8.5%
—
Revenue CAGR 3Y
7.5%
—
EPS YoY
-22.2%
—
Net Income YoY
-22.1%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
KNF
Peer Median
KNF Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
14 analysts
- Strong Buy 5 35.7%
- Buy 5 35.7%
- Hold 3 21.4%
- Sell 1 7.1%
- Strong Sell 0 0.0%
12-Month Price Target
9 analysts · 2026-08-19
Median
$103.00
Mean
$96.89
← Below all targets
$66.73
Low
$73.00
High
$118.00
Median target
$103.00
+54.4%
Mean target
$96.89
+45.2%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-0.19%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.77 | $1.14 | -0.37% |
| March 31, 2026 | $-1.40 | $-1.42 | 0.02% |
| Dec. 31, 2025 | $0.56 | $0.42 | 0.14% |
| Sept. 30, 2025 | $2.52 | $2.61 | -0.09% |
| June 30, 2025 | $0.89 | $1.43 | -0.54% |
| March 31, 2025 | $-1.21 | $-0.93 | -0.28% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| KNF | $3.99B | 25.5 | 8.5% | 5.0% | 10.1% | 18.4% |
| AMRZ | $29.91B | 25.3 | 0.95% | 10.0% | 10.2% | 25.7% |
| EXP | $5.92B | 14.4 | 2.1% | 18.4% | 28.1% | 28.3% |
| USLM | — | 25.6 | 17.3% | 36.0% | 22.5% | 48.9% |
| RMIX | — | — | — | — | — | — |
| SMID | $193M | 15.4 | 19.0% | 13.4% | 24.1% | 27.9% |
| VMC | $37.25B | 35.2 | 7.1% | 13.6% | 12.9% | 27.4% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue | $3.15B | $2.90B | $2.83B | $2.53B | $2.23B | |
| Cost of Revenue | $2.57B | $2.33B | $2.29B | $2.17B | $1.88B | |
| Gross Profit | $577M | $570M | $539M | $361M | $347M | |
| SG&A Expense | $291M | $254M | $243M | $167M | $156M | |
| Operating Income | $286M | $316M | $296M | $194M | $191M | |
| Interest Expense | · | · | $58M | $30M | $19M | |
| Other Non-op | $9M | $10M | $7M | $-5M | $1M | |
| Pretax Income | $213M | $271M | $245M | $159M | $173M | |
| Income Tax | $56M | $69M | $62M | $43M | $43M | |
| Net Income | $157M | $202M | $183M | $116M | $130M | |
| EPS (Basic) | $2.77 | $3.56 | $3.23 | $2.05 | $2.29 | |
| EPS (Diluted) | $2.76 | $3.55 | $3.23 | $2.05 | $2.29 | |
| Shares (Basic) | 56,653,000 | 56,607,000 | 56,568,000 | 56,566,000 | 56,566,000 | |
| Shares (Diluted) | 56,895,000 | 56,844,000 | 56,668,000 | 56,566,000 | 56,566,000 | |
| EBITDA | $480M | $453M | $420M | · | · |
Balance Sheet 27
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $74M | $237M | $219M | $10M | · | |
| Receivables | $278M | $267M | $267M | $210M | · | |
| Inventory | $436M | $380M | $320M | $323M | · | |
| Other Current Assets | $46M | $28M | $38M | $18M | · | |
| Current Assets | $961M | $988M | $914M | $609M | · | |
| PP&E (Net) | $2.03B | $1.44B | $1.32B | $1.32B | $1.25B | |
| PP&E (Gross) | · | · | $2.58B | $2.49B | · | |
| Accum. Depreciation | $1.48B | $1.36B | $1.26B | $1.17B | $1.10B | |
| Goodwill | $520M | $297M | $274M | $275M | $276M | |
| Intangibles | $33M | $29M | $11M | $13M | · | |
| Other Non-current Assets | $55M | $46M | $41M | $37M | · | |
| Total Assets | $3.65B | $2.85B | $2.60B | $2.29B | $2.18B | |
| Accounts Payable | $146M | $141M | $108M | $87M | · | |
| Current Liabilities | $378M | $370M | $347M | $517M | · | |
| Capital Leases | $37M | $35M | $32M | $33M | · | |
| Deferred Tax | $288M | $175M | $175M | $176M | · | |
| Other Non-current Liabilities | $153M | $129M | $106M | $93M | · | |
| Total Liabilities | $2.01B | $1.38B | $1.33B | $1.27B | · | |
| Long-term Debt | $1.17B | $677M | $682M | $638.0K | · | |
| Total Debt | $1.17B | $677M | $682M | · | · | |
| Common Stock | $571.0K | $570.0K | $570.0K | $800.0K | · | |
| Retained Earnings | $1.02B | $868M | $666M | $495M | · | |
| Treasury Stock | $4M | $4M | $4M | $0 | · | |
| AOCI | $-10M | $-9M | $-11M | $-12M | · | |
| Stockholders' Equity | $1.64B | $1.48B | $1.27B | $1.03B | $953M | |
| Liabilities + Equity | $3.65B | $2.85B | $2.60B | $2.29B | · | |
| Shares Outstanding | 56,664,165 | 57,043,841 | 57,009,542 | 80,000 | 80,000 |
Cash Flow 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| D&A | $194M | $137M | $124M | $118M | $101M | |
| Stock-based Comp | $11M | $8M | $3M | $1M | $2M | |
| Deferred Tax | $25M | $-350.0K | $-2M | $2M | $33M | |
| Amort. of Intangibles | $15M | $2M | $3M | $3M | $3M | |
| Other Non-cash | $-109M | $-24M | $28M | · | · | |
| Operating Cash Flow | $278M | $322M | $336M | $207M | $181M | |
| CapEx | $348M | $172M | $124M | $178M | $174M | |
| Investing Cash Flow | $-914M | $-295M | $-118M | $-156M | $-398M | |
| Debt Issued | $500M | $0 | $700M | $0 | $0 | |
| Net Debt Issued | $491M | $-7M | $696M | · | · | |
| Financing Cash Flow | $477M | $-9M | $34M | $-55M | $224M | |
| Taxes Paid | $42M | $62M | $77M | $21M | $35M | |
| Free Cash Flow | $-70M | $150M | $211M | · | · | |
| Levered FCF | · | · | $168M | · | · |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Gross Margin | 18.4% | 19.7% | 19.0% | · | · | |
| Operating Margin | 9.1% | 10.9% | 10.5% | · | · | |
| Net Margin | 5.0% | 7.0% | 6.5% | · | · | |
| Pretax Margin | 6.8% | 9.3% | 8.7% | · | · | |
| EBITDA Margin | 15.2% | 15.6% | 14.8% | · | · | |
| ROA | 4.8% | 7.0% | 6.9% | · | · | |
| ROE | 10.1% | 13.8% | 14.6% | · | · | |
| ROIC | 7.5% | 10.9% | 11.3% | · | · |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 2.5 | 2.7 | 2.6 | · | · | |
| Quick Ratio | 0.9 | 1.4 | 1.4 | · | · | |
| Debt / Equity | 0.7 | 0.5 | 0.5 | · | · | |
| LT Debt / Equity | 0.7 | 0.5 | 0.5 | · | · | |
| Interest Coverage | · | · | 5.1 | · | · |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Asset Turnover | 1.0 | 1.0 | 1.1 | · | · | |
| Inventory Turnover | 6.3 | 6.4 | 7.2 | · | · | |
| Receivables Turnover | 11.5 | 8.1 | 7.5 | · | · |
Growth Rates 6
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue YoY | 8.5% | 2.4% | 11.7% | 13.7% | · | |
| Revenue CAGR 3Y | 7.5% | 9.2% | · | · | · | |
| EPS YoY | -22.2% | 9.9% | 57.6% | -10.5% | · | |
| EPS CAGR 3Y | 10.4% | 15.7% | · | · | · | |
| Net Income YoY | -22.1% | 10.3% | 57.4% | -10.4% | · | |
| Net Income CAGR 3Y | 10.6% | 15.8% | · | · | · |
Valuation (TTM) 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue TTM | $3.15B | $2.90B | $2.83B | · | · | |
| Net Income TTM | $157M | $202M | $183M | · | · | |
| Market Cap | $3.99B | $5.75B | $3.74B | · | · | |
| Enterprise Value | $5.08B | $6.19B | $4.21B | · | · | |
| P/E | 25.5 | 28.6 | 20.5 | · | · | |
| P/S | 1.3 | 2.0 | 1.3 | · | · | |
| P/B | 2.4 | 3.9 | 3.0 | · | · | |
| P / Tangible Book | 3.7 | 5.0 | 3.8 | · | · | |
| P / Cash Flow | 14.3 | 17.9 | 11.2 | · | · | |
| P / FCF | -57.3 | 38.4 | 17.7 | · | · | |
| EV / EBITDA | 10.6 | 13.7 | 10.0 | · | · | |
| EV / FCF | -73.0 | 41.3 | 19.9 | · | · | |
| EV / Revenue | 1.6 | 2.1 | 1.5 | · | · | |
| Earnings Yield | 3.9% | 3.5% | 4.9% | · | · |
Income Statement 15
| 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 | $939M | $410M | $755M | $1.20B | $834M | $353M | $657M | $1.11B | $807M | $330M | $647M | $1.09B | $785M | $308M | $538M | $975M | |
| Cost of Revenue | $776M | $413M | $610M | $919M | $677M | $363M | $543M | $832M | $631M | $323M | $534M | $821M | $632M | $304M | $466M | $791M | |
| Gross Profit | $163M | $-3M | $145M | $284M | $157M | $-10M | $114M | $273M | $176M | $6M | $112M | $269M | $153M | $4M | $72M | $184M | |
| SG&A Expense | $82M | $83M | $80M | $69M | $69M | $73M | $70M | $64M | $59M | $60M | $75M | $59M | $59M | $49M | $36M | $42M | |
| Operating Income | $81M | $-86M | $65M | $215M | $88M | $-83M | $44M | $209M | $117M | $-54M | $37M | $210M | $94M | $-45M | $36M | $143M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $14M | · | $15M | $19M | $9M | · | $9M | |
| Other Non-op | $3M | $-632.0K | $1M | $1M | $2M | $5M | $3M | $2M | $1M | $4M | $4M | $7.0K | $2M | $826.0K | $702.0K | $-1M | |
| Pretax Income | $60M | $-108M | $45M | $193M | $68M | $-93M | $33M | $198M | $104M | $-64M | $27M | $195M | $77M | $-53M | $28M | $133M | |
| Income Tax | $16M | $-28M | $13M | $50M | $17M | $-25M | $10M | $50M | $26M | $-16M | $6M | $48M | $20M | $-12M | $10M | $33M | |
| Net Income | $44M | $-79M | $32M | $143M | $51M | $-69M | $23M | $148M | $78M | $-48M | $21M | $147M | $57M | $-41M | $18M | $100M | |
| EPS (Basic) | $0.77 | $-1.40 | $0.56 | $2.53 | $0.89 | $-1.21 | $0.40 | $2.62 | $1.38 | $-0.84 | $0.37 | $2.59 | $1.00 | $-0.73 | $499.74 | $1.76 | |
| EPS (Diluted) | $0.77 | $-1.40 | $0.56 | $2.52 | $0.89 | $-1.21 | $0.42 | $2.60 | $1.37 | $-0.84 | $0.38 | $2.58 | $1.00 | $-0.73 | $499.74 | $1.76 | |
| Shares (Basic) | 56,758,000 | 56,710,000 | -113,294,000 | 56,664,000 | 56,657,000 | 56,626,000 | -113,207,000 | 56,613,000 | 56,611,000 | 56,590,000 | -113,130,000 | 56,566,000 | 56,566,000 | 56,566,000 | -56,646,000 | 56,566,000 | |
| Shares (Diluted) | 56,878,000 | 56,710,000 | -113,527,000 | 56,884,000 | 56,912,000 | 56,626,000 | -113,428,000 | 56,871,000 | 56,811,000 | 56,590,000 | -113,232,000 | 56,735,000 | 56,599,000 | 56,566,000 | -56,646,000 | 56,566,000 | |
| EBITDA | $137M | $-34M | · | $269M | $138M | $-44M | · | $244M | $151M | $-22M | · | $242M | $125M | $-15M | · | · |
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 | $41M | $13M | $74M | $31M | $27M | $86M | $237M | $220M | $15M | $128M | · | $84M | $40M | $7M | · | · | |
| Receivables | $468M | $227M | $278M | $517M | $428M | $238M | $267M | $449M | $423M | $184M | · | $492M | $419M | $175M | · | · | |
| Inventory | $507M | $481M | $436M | $437M | $480M | $467M | $380M | $347M | $385M | $376M | · | $315M | $374M | $373M | · | · | |
| Other Current Assets | $72M | $82M | $46M | $33M | $54M | $75M | $28M | $26M | $35M | $54M | · | $38M | $39M | $36M | · | · | |
| Current Assets | $1.27B | $942M | $961M | $1.14B | $1.10B | $947M | $988M | $1.16B | $950M | $818M | · | $1.01B | $958M | $639M | · | · | |
| PP&E (Net) | $2.18B | $2.16B | $2.03B | $1.96B | $1.92B | $1.74B | $1.44B | $1.35B | $1.36B | $1.32B | · | $1.30B | $1.31B | $1.32B | · | · | |
| PP&E (Gross) | · | · | · | · | · | · | · | $2.69B | $2.67B | $2.61B | · | $2.55B | $2.53B | $2.51B | · | · | |
| Accum. Depreciation | · | · | $1.48B | · | · | · | $1.36B | $1.35B | $1.32B | $1.29B | · | $1.25B | $1.22B | $1.20B | · | · | |
| Goodwill | $584M | $573M | $520M | $469M | $464M | $450M | $297M | $275M | $275M | $274M | $274M | $274M | $274M | $275M | $275M | · | |
| Intangibles | $34M | $38M | $33M | $33M | $38M | $42M | $29M | $10M | $10M | $10M | · | $11M | $12M | $13M | · | · | |
| Other Non-current Assets | $60M | $56M | $55M | $54M | $53M | $52M | $46M | $46M | $45M | $45M | · | $40M | $41M | $39M | · | · | |
| Total Assets | $4.18B | $3.82B | $3.65B | $3.70B | $3.63B | $3.28B | $2.85B | $2.88B | $2.68B | $2.51B | $2.60B | $2.68B | $2.64B | $2.33B | $2.29B | · | |
| Accounts Payable | $228M | $131M | $146M | $211M | $172M | $112M | $141M | $181M | $164M | $97M | · | $149M | $175M | $80M | · | · | |
| Current Liabilities | $477M | $352M | $378M | $474M | $397M | $322M | $370M | $426M | $378M | $297M | · | $425M | $384M | $473M | · | · | |
| Capital Leases | $35M | $34M | $37M | $35M | $35M | $33M | $35M | $34M | $34M | $33M | · | $31M | $32M | $31M | · | · | |
| Deferred Tax | $296M | $292M | $288M | $264M | $257M | $222M | $175M | $188M | $179M | $174M | · | $174M | $171M | $175M | · | · | |
| Other Non-current Liabilities | $163M | $158M | $153M | $146M | $140M | $136M | $129M | $118M | $120M | $118M | · | $133M | $129M | $94M | · | · | |
| Total Liabilities | $2.57B | $2.26B | $2.01B | $2.10B | $2.17B | $1.87B | $1.38B | $1.44B | $1.38B | $1.30B | · | $1.44B | $1.55B | $1.35B | · | · | |
| Long-term Debt | $1.62B | $1.43B | $1.17B | $1.19B | $1.35B | $1.17B | $677M | $678M | $680M | $681M | · | $683M | $839M | $570.0K | · | · | |
| Total Debt | $1.62B | $1.43B | · | $1.19B | $1.35B | $1.17B | · | $678M | $680M | $681M | · | $683M | $839M | $570.0K | · | · | |
| Common Stock | $572.0K | $572.0K | $571.0K | $571.0K | $571.0K | $571.0K | $570.0K | $570.0K | $570.0K | $570.0K | · | $570.0K | $570.0K | $800.0K | · | · | |
| Retained Earnings | $989M | $945M | $1.02B | $993M | $849M | $799M | $868M | $844M | $696M | $618M | · | $645M | $499M | $442M | · | · | |
| Treasury Stock | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | · | $4M | $4M | $4M | · | · | |
| AOCI | $-10M | $-10M | $-10M | $-9M | $-9M | $-9M | $-9M | $-11M | $-11M | $-11M | · | $-12M | $-12M | $-12M | · | · | |
| Stockholders' Equity | $1.61B | $1.56B | $1.64B | $1.61B | $1.46B | $1.41B | $1.48B | $1.45B | $1.30B | $1.22B | $1.27B | $1.24B | $1.09B | $975M | $1.03B | · | |
| Liabilities + Equity | $4.18B | $3.82B | $3.65B | $3.70B | $3.63B | $3.28B | $2.85B | $2.88B | $2.68B | $2.51B | · | $2.68B | $2.64B | $2.33B | · | · | |
| Shares Outstanding | 56,763,420 | 56,753,855 | 56,664,165 | 56,664,165 | 56,664,165 | 56,652,361 | 56,612,705 | 56,612,705 | 56,612,705 | 56,609,704 | 57,009,542 | 56,566,214 | 56,566,214 | · | 80,000 | · |
Cash Flow 15
| 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 | $56M | $52M | $51M | $53M | $50M | $39M | $35M | $35M | $35M | $32M | $31M | $32M | $31M | $30M | $29M | $30M | |
| Stock-based Comp | $3M | $3M | $3M | $3M | $3M | $3M | $2M | $2M | $2M | $2M | $761.0K | $1M | $212.0K | $453.0K | $472.0K | $134.0K | |
| Deferred Tax | $4M | $-4M | $19M | $7M | $-570.0K | $437.0K | $-14M | $9M | $5M | $-311.0K | $278.0K | $3M | $-5M | $-757.0K | $-3M | $6M | |
| Amort. of Intangibles | $3M | $3M | $4M | $5M | $5M | $1M | $907.0K | $522.0K | $526.0K | $545.0K | $633.0K | $647.0K | $653.0K | $667.0K | $670.0K | $729.0K | |
| Other Non-cash | · | $-30M | · | · | · | $-99M | · | · | · | $-29M | · | · | · | $-67M | · | · | |
| Operating Cash Flow | $-75M | $-59M | $196M | $250M | $-43M | $-125M | $172M | $240M | $-47M | $-43M | $183M | $223M | $9M | $-79M | $168M | $187M | |
| CapEx | $73M | $77M | $58M | $62M | $154M | $75M | $45M | $24M | $60M | $44M | $38M | $20M | $24M | $42M | $56M | $42M | |
| Investing Cash Flow | $-82M | $-251M | $-131M | $-81M | $-198M | $-504M | $-157M | $-28M | $-65M | $-45M | $-35M | $-19M | $-23M | $-41M | $-38M | $-40M | |
| Debt Issued | $191M | $270M | $-20M | $-163M | $183M | $500M | $0 | $0 | $0 | $0 | $0 | $-155M | · | · | $0 | $0 | |
| Net Debt Issued | · | $267M | · | · | · | $500M | · | · | · | $-2M | · | · | · | $-68.0K | · | · | |
| Stock Issued | · | · | · | · | · | · | · | · | · | · | · | $0 | · | · | · | $0 | |
| Financing Cash Flow | $183M | $262M | $-23M | $-166M | $180M | $486M | $-2M | $-2M | $-2M | $-3M | $-2M | $-157M | $76M | $117M | $-139M | $-141M | |
| Taxes Paid | $992.0K | $41.0K | $19M | $19M | $1M | $3M | $29M | $32M | $2M | $0 | $55M | $22M | $408.0K | $150.0K | $-2M | $7M | |
| Free Cash Flow | · | $-136M | · | · | · | $-200M | · | · | · | $-87M | · | · | · | $-122M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $-97M | · | · | · | $-129M | · | · |
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 | 17.3% | -0.68% | · | 23.6% | 18.9% | -2.7% | · | 24.7% | 21.8% | 2.0% | · | 24.7% | 19.5% | 1.3% | · | · | |
| Operating Margin | 8.6% | -21.0% | · | 17.9% | 10.6% | -23.4% | · | 18.9% | 14.5% | -16.3% | · | 19.3% | 11.9% | -14.5% | · | · | |
| Net Margin | 4.7% | -19.3% | · | 11.9% | 6.1% | -19.4% | · | 13.4% | 9.7% | -14.4% | · | 13.5% | 7.2% | -13.4% | · | · | |
| Pretax Margin | 6.4% | -26.2% | · | 16.1% | 8.2% | -26.4% | · | 17.9% | 12.9% | -19.4% | · | 17.9% | 9.8% | -17.3% | · | · | |
| EBITDA Margin | 14.6% | -8.3% | · | 22.3% | 16.6% | -12.4% | · | 22.1% | 18.8% | -6.5% | · | 22.2% | 15.9% | -4.9% | · | · | |
| ROA | 1.1% | -2.2% | · | 4.3% | 1.6% | -2.4% | · | 5.3% | 2.9% | -2.0% | · | 10.9% | 4.3% | -3.5% | · | · | |
| ROE | 2.9% | -5.3% | · | 9.4% | 3.7% | -5.2% | · | 11.0% | 6.5% | -4.3% | · | 23.6% | 10.4% | -8.5% | · | · | |
| ROIC | 1.8% | -2.1% | · | 5.7% | 2.3% | -2.4% | · | 7.4% | 4.4% | -2.1% | · | 8.2% | 3.6% | -3.5% | · | · |
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 | 2.7 | 2.7 | · | 2.4 | 2.8 | 2.9 | · | 2.7 | 2.5 | 2.8 | · | 2.4 | 2.5 | 1.4 | · | · | |
| Quick Ratio | 1.1 | 0.7 | · | 1.2 | 1.1 | 1.0 | · | 1.6 | 1.2 | 1.1 | · | 1.4 | 1.2 | 0.4 | · | · | |
| Debt / Equity | 1.0 | 0.9 | · | 0.7 | 0.9 | 0.8 | · | 0.5 | 0.5 | 0.6 | · | 0.5 | 0.8 | 0.0 | · | · | |
| LT Debt / Equity | 1.0 | 0.9 | · | 0.7 | 0.9 | 0.8 | · | 0.5 | 0.5 | 0.6 | · | 0.5 | 0.8 | 0.0 | · | · | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | -3.8 | · | 13.7 | 4.9 | -4.7 | · | · |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.1 | · | 0.4 | 0.3 | 0.1 | · | 0.4 | 0.3 | 0.1 | · | 0.8 | 0.6 | 0.3 | · | · | |
| Inventory Turnover | 1.6 | 0.9 | · | 2.3 | 1.6 | 0.9 | · | 2.5 | 1.7 | 0.9 | · | 5.2 | 3.4 | 1.6 | · | · | |
| Receivables Turnover | 2.1 | 1.8 | · | 2.5 | 2.0 | 1.7 | · | 2.3 | 1.9 | 1.8 | · | 4.4 | 3.8 | 3.5 | · | · |
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 | $3.39B | $2.80B | · | $3.50B | $3.10B | $2.60B | · | $3.33B | $3.01B | $2.51B | · | $3.16B | $2.78B | $2.31B | · | · | |
| Net Income TTM | $158M | $46M | · | $273M | $208M | $110M | · | $325M | $234M | $115M | · | $262M | $154M | $57M | · | · | |
| Market Cap | $4.75B | $4.63B | · | $4.36B | $4.63B | $5.11B | · | $5.06B | $3.97B | $4.59B | · | $2.76B | $2.46B | · | · | · | |
| Enterprise Value | $6.32B | $6.05B | · | $5.51B | $5.95B | $6.20B | · | $5.52B | $4.63B | $5.14B | · | $3.36B | $3.26B | · | · | · | |
| P/E | 30.1 | 102.1 | · | 16.0 | 22.4 | 47.0 | · | 15.7 | 17.1 | 40.3 | · | 10.6 | 16.1 | · | · | · | |
| P/S | 1.4 | 1.7 | · | 1.2 | 1.5 | 2.0 | · | 1.5 | 1.3 | 1.8 | · | 0.9 | 0.9 | · | · | · | |
| P/B | 3.0 | 3.0 | · | 2.7 | 3.2 | 3.6 | · | 3.5 | 3.1 | 3.8 | · | 2.2 | 2.2 | · | · | · | |
| P / Tangible Book | 4.8 | 4.9 | · | 3.9 | 4.8 | 5.6 | · | 4.3 | 3.9 | 4.9 | · | 2.9 | 3.0 | · | · | · | |
| P / Cash Flow | · | -79.1 | · | · | · | -40.8 | · | · | · | -106.2 | · | · | · | · | · | · | |
| P / FCF | · | -34.1 | · | · | · | -25.5 | · | · | · | -52.8 | · | · | · | · | · | · | |
| EV / EBITDA | 46.0 | -177.6 | · | 20.5 | 43.0 | -141.2 | · | 22.6 | 30.6 | -239.0 | · | 13.9 | 26.1 | · | · | · | |
| EV / FCF | · | -44.6 | · | · | · | -30.9 | · | · | · | -59.2 | · | · | · | · | · | · | |
| EV / Revenue | 1.9 | 2.2 | · | 1.6 | 1.9 | 2.4 | · | 1.7 | 1.5 | 2.0 | · | 1.1 | 1.2 | · | · | · | |
| Earnings Yield | 3.3% | 0.98% | · | 6.2% | 4.5% | 2.1% | · | 6.4% | 5.9% | 2.5% | · | 9.4% | 6.2% | · | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | |
|---|---|---|---|---|---|
| Revenue | $3.15B | — | — | $2.90B | — |
| Gross Margin % | 18.4% | — | — | 19.7% | — |
| Operating Margin % | 9.1% | — | — | 10.9% | — |
| Net Income | $157M | — | — | $202M | — |
| Diluted EPS | $2.76 | — | — | $3.55 | — |
Balance Sheet
| 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.7 | — | — | 0.5 | — |
| Current Ratio | 2.5 | — | — | 2.7 | — |
| Quick Ratio | 0.9 | — | — | 1.4 | — |
Cash Flow
| 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | |
|---|---|---|---|---|---|
| Free Cash Flow | $-70M | — | — | $150M | — |
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
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) 432 filers · $2.7B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 45 (-11 vs prior Q) | 31 (-7 vs prior Q) | 116 (-5 vs prior Q) | 127 (+18 vs prior Q) | +12.6M |
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 |
|---|---|---|---|---|
| Capital World Investors | $271,377,414 | 3,244,201 | 10.18% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $235,486,712 | 2,815,143 | 8.83% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $214,321,338 | 2,562,120 | 8.04% | Shares |
| STATE STREET CORP | $180,253,453 | 2,154,853 | 6.76% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $137,430,760 | 1,642,926 | 5.15% | Shares |
| NEUBERGER BERMAN GROUP LLC | $115,757,965 | 1,383,837 | 4.34% | Shares |
| Capital Research Global Investors | $107,848,439 | 1,289,282 | 4.04% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $103,891,680 | 1,241,707 | 3.90% | Shares |
| WESTWOOD HOLDINGS GROUP INC | $68,118,201 | 814,324 | 2.55% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $63,145,000 | 754,866 | 2.37% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $57,985,929 | 693,197 | 2.17% | Shares |
| GOLDMAN SACHS GROUP INC | $55,838,215 | 667,522 | 2.09% | Shares |
| FMR LLC | $49,435,393 | 590,979 | 1.85% | Shares |
| BAILLIE GIFFORD & CO | $47,195,246 | 564,199 | 1.77% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $46,760,434 | 559,001 | 1.75% | Shares |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | $46,465,895 | 555,477 | 1.74% | Shares |
| Hood River Capital Management LLC | $44,758,940 | 535,074 | 1.68% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $38,889,303 | 464,905 | 1.46% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $34,209,337 | 408,958 | 1.28% | Shares |
| Paradice Investment Management LLC | $33,619,270 | 401,904 | 1.26% | Shares |
| US BANCORP \DE\ | $33,443,187 | 399,799 | 1.25% | Shares |
| MIG Capital, LLC | $29,081,283 | 413,380 | 1.09% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $28,389,137 | 339,380 | 1.06% | Shares |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $27,496,758 | 328,712 | 1.03% | Shares |
| NORGES BANK | $24,713,974 | 295,445 | 0.93% | Shares |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | $22,573,203 | 269,853 | 0.85% | Shares |
| Diamond Hill Capital Management, LLC (Investment Advisor) | $21,242,165 | 253,941 | 0.80% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $18,717,106 | 223,755 | 0.70% | Shares |
| EXCHANGE TRADED CONCEPTS, LLC | $17,279,999 | 206,575 | 0.65% | Shares |
| LOOMIS SAYLES & CO L P | $15,726,618 | 188,005 | 0.59% | Shares |
| BANK OF AMERICA CORP /DE/ | $15,607,669 | 186,583 | 0.59% | Shares |
| BROWN ADVISORY INC | $14,566,451 | 174,136 | 0.55% | Shares |
| RHUMBLINE ADVISERS | $14,529,560 | 173,695 | 0.54% | Shares |
| Nuveen, LLC | $12,285,592 | 146,869 | 0.46% | Shares |
| Bank of New York Mellon Corp | $11,826,270 | 141,378 | 0.44% | Shares |
| GABELLI FUNDS LLC | $10,937,488 | 130,753 | 0.41% | Shares |
| MAIRS & POWER INC | $10,738,736 | 128,377 | 0.40% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $10,727,527 | 128,243 | 0.40% | Shares |
| CITADEL ADVISORS LLC | $10,504,600 | 125,578 | 0.39% | Shares |
| ALLIANCEBERNSTEIN L.P. | $9,605,551 | 117,643 | 0.36% | Shares |
| Swiss National Bank | $9,527,568 | 113,898 | 0.36% | Shares |
| Baird Financial Group, Inc. | $8,530,292 | 101,976 | 0.32% | Shares |
| Angeles Investment Advisors, LLC | $8,491,312 | 101,510 | 0.32% | Shares |
| Nuveen Asset Management, LLC | $8,441,507 | 83,053 | 0.32% | Shares |
| CI INVESTMENTS INC. | $8,324,095 | 99,511 | 0.31% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $8,040,834 | 67,777 | 0.30% | Shares |
| GAMCO INVESTORS, INC. ET AL | $7,971,678 | 95,298 | 0.30% | Shares |
| Congress Wealth Management LLC / DE / | $7,633,666 | 93,504 | 0.29% | Shares |
| BARCLAYS PLC | $7,555,352 | 90,321 | 0.28% | Shares |
| CONGRESS ASSET MANAGEMENT CO | $7,337,611 | 87,718 | 0.28% | Shares |
| AMERICAN CENTURY COMPANIES INC | $7,175,413 | 85,779 | 0.27% | Shares |
| BlackRock, Inc. | $7,172,820 | 85,748 | 0.27% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $7,104,813 | 84,935 | 0.27% | Shares |
| FIRST TRUST ADVISORS LP | $5,888,960 | 70,400 | 0.22% | Shares |
| California Public Employees Retirement System | $5,577,364 | 66,675 | 0.21% | Shares |
| LPL Financial LLC | $5,502,832 | 65,784 | 0.21% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $5,395,350 | 66,079 | 0.20% | Shares |
| Emerald Investment Advisers, LLC | $5,319,973 | 63,598 | 0.20% | Shares |
| MetLife Investment Management, LLC | $5,040,163 | 60,253 | 0.19% | Shares |
| HEARTLAND ADVISORS INC | $5,019,000 | 60,000 | 0.19% | Shares |
| ArrowMark Colorado Holdings LLC | $5,019,000 | 60,000 | 0.19% | Shares |
| Retirement Systems of Alabama | $4,910,255 | 58,700 | 0.18% | Shares |
| AMERIPRISE FINANCIAL INC | $4,908,666 | 58,681 | 0.18% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $4,657,130 | 55,674 | 0.17% | Shares |
| CAPTRUST FINANCIAL ADVISORS | $4,612,485 | 55,140 | 0.17% | Shares |
| Hudson Value Partners, LLC | $4,533,545 | 55,524 | 0.17% | Shares |
| JOHN G ULLMAN & ASSOCIATES INC | $4,514,674 | 53,971 | 0.17% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $4,280,287 | 51,169 | 0.16% | Shares |
| PECAUT & CO. | $4,194,211 | 50,140 | 0.16% | Shares |
| Quantinno Capital Management LP | $3,982,493 | 47,609 | 0.15% | Shares |
| FIRST MANHATTAN CO. LLC. | $3,936,234 | 47,056 | 0.15% | Shares |
| Future Fund LLC | $3,721,087 | 44,484 | 0.14% | Shares |
| KENNEDY CAPITAL MANAGEMENT LLC | $3,530,950 | 42,211 | 0.13% | Shares |
| VANGUARD GROUP INC | $3,509,128 | 49,881 | 0.13% | Shares |
| Moody Aldrich Partners LLC | $3,288,783 | 39,316 | 0.12% | Shares |
| D. E. Shaw & Co., Inc. | $3,203,795 | 38,300 | 0.12% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $3,187,400 | 38,104 | 0.12% | Shares |
| Meixler Investment Management, Ltd. | $3,017,841 | 36,077 | 0.11% | Shares |
| Corient Private Wealth LP | $2,887,935 | 34,524 | 0.11% | Shares |
| Keeley-Teton Advisors, LLC | $2,838,187 | 31,462 | 0.11% | Shares |
| Legal & General Group Plc | $2,772,328 | 33,142 | 0.10% | Shares |
| Redwood Investments, LLC | $2,661,916 | 29,508 | 0.10% | Shares |
| Advantage Alpha Capital Partners LP | $2,412,949 | 31,390 | 0.09% | Shares |
| One Capital Management, LLC | $2,404,020 | 29,443 | 0.09% | Shares |
| Register Financial Advisors LLC | $2,161,637 | 25,841 | 0.08% | Shares |
| WELLS FARGO & COMPANY/MN | $2,091,250 | 25,000 | 0.08% | Call option |
| NewEdge Advisors, LLC | $2,081,302 | 24,881 | 0.08% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $2,032,611 | 24,299 | 0.08% | Shares |
| JANUS HENDERSON GROUP PLC | $2,015,662 | 24,670 | 0.08% | Shares |
| TD Asset Management Inc | $1,974,140 | 23,600 | 0.07% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $1,940,599 | 23,199 | 0.07% | Shares |
| Washington Trust Bank | $1,904,794 | 22,771 | 0.07% | Shares |
| FIFTH THIRD BANCORP | $1,836,750 | 21,957 | 0.07% | Shares |
| State of Tennessee, Department of Treasury | $1,807,091 | 21,603 | 0.07% | Shares |
| Vanguard Global Advisers, LLC | $1,806,589 | 21,597 | 0.07% | Shares |
| Cladis Investment Advisory, LLC | $1,779,006 | 21,267 | 0.07% | Shares |
| Dakota Wealth Management | $1,777,479 | 21,249 | 0.07% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $1,744,437 | 20,854 | 0.07% | Shares |
| GILDER GAGNON HOWE & CO LLC | $1,724,612 | 20,617 | 0.06% | Shares |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC | $1,715,745 | 20,511 | 0.06% | Shares |
Company insiders 16 insiders · 0 officers · 1 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Karen B Fagg | Director | June 30, 2026 A | 33,317 | 0 | 0 | $0 |
| German Carmona-Alvarez | — | May 20, 2026 A | 9,025 | 0 | 0 | $0 |
| William J Sandbrook | — | May 20, 2026 A | 7,735 | 0 | 0 | $0 |
| Patricia Chiodo | — | May 20, 2026 A | 5,553 | 0 | 0 | $0 |
| Thomas W. Hill | — | May 20, 2026 A | 5,496 | 0 | 0 | $0 |
| Patricia L Moss | — | May 20, 2026 A | 31,874 | 0 | 0 | $0 |
| Brian R. Gray | — | March 6, 2026 A | 84,747 | 0 | 0 | $0 |
| Sarah L. Stevens | — | March 4, 2026 A | 4,578 | 0 | 0 | $0 |
| Marney L. Kadrmas | — | March 4, 2026 A | 4,917 | 0 | 0 | $0 |
| Glenn R. Pladsen | — | March 4, 2026 A | 22,094 | 0 | 0 | $0 |
| Karl A Liepitz | — | March 4, 2026 A | 44,312 | 0 | 0 | $0 |
| Trevor J Hastings | — | March 4, 2026 A | 46,760 | 0 | 0 | $0 |
| Nathan W Ring | — | March 4, 2026 A | 30,530 | 0 | 0 | $0 |
| Nancy K. Christenson | — | Feb. 27, 2025 F | 25,776 | 0 | 0 | $0 |
| Thomas S Everist | — | Nov. 15, 2023 A | 30,260 | 0 | 0 | $0 |
| MDU RESOURCES GROUP INC | — | Nov. 10, 2023 J | 0 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 75 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 |
|---|---|---|---|---|
| PKB · Invesco Exchange-Traded Fund Trust | 2.43% | 138,417 SH | Aug. 8, 2026 | Daily |
| CSD · Invesco Exchange-Traded Fund Trust | 1.99% | 67,731 SH | Aug. 8, 2026 | Daily |
| FFND · Northern Lights Fund Trust II | 0.78% | 10,208 NS | May 31, 2026 | N-PORT |
| FMAT · FIDELITY COVINGTON TRUST | 0.34% | 21,902 NS | April 30, 2026 | N-PORT |
| VAW · VANGUARD WORLD FUND | 0.31% | 166,534 SH | Aug. 8, 2026 | Daily |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.29% | 62,106 SH | Aug. 8, 2026 | Daily |
| PAVE · Global X Funds | 0.28% | 490,868 NS | May 31, 2026 | N-PORT |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.25% | 19,667 NS | April 30, 2026 | N-PORT |
| IWO · iShares Trust | 0.24% | 524,841 SH | Aug. 8, 2026 | Daily |
| EBIT · Harbor ETF Trust | 0.23% | 280 NS | April 30, 2026 | N-PORT |
| BKSE · BNY Mellon ETF Trust | 0.22% | 1,949 NS | April 30, 2026 | N-PORT |
| AKAF · ETF Series Solutions | 0.20% | 76 NS | May 31, 2026 | N-PORT |
| NUSC · Nushares ETF Trust | 0.20% | 27,833 NS | April 30, 2026 | N-PORT |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.18% | 75,883 SH | Aug. 8, 2026 | Daily |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.17% | 58,632 NS | May 31, 2026 | N-PORT |
| RSSL · Global X Funds | 0.16% | 24,788 NS | April 30, 2026 | N-PORT |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.16% | 29,246 SH | Aug. 8, 2026 | Daily |
| PTMC · Pacer Funds Trust | 0.15% | 6,506 NS | April 30, 2026 | N-PORT |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.15% | 334,309 SH | Aug. 8, 2026 | Daily |
| IFRA · iShares Trust | 0.14% | 94,312 SH | Aug. 8, 2026 | Daily |
| FNDA · SCHWAB STRATEGIC TRUST | 0.13% | 150,930 NS | May 31, 2026 | N-PORT |
| FYT · First Trust Exchange-Traded AlphaDE… | 0.13% | 2,608 NS | April 30, 2026 | N-PORT |
| IJJ · iShares Trust | 0.13% | 173,765 SH | Aug. 8, 2026 | Daily |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.13% | 91,907 SH | Aug. 8, 2026 | Daily |
| FYX · First Trust Exchange-Traded AlphaDE… | 0.13% | 16,961 NS | April 30, 2026 | N-PORT |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.12% | 8,136 SH | Aug. 8, 2026 | Daily |
| IWM · iShares Trust | 0.12% | 1,465,888 SH | Aug. 8, 2026 | Daily |
| XJH · iShares Trust | 0.12% | 7,662 SH | Aug. 8, 2026 | Daily |
| RWK · Invesco Exchange-Traded Fund Trust … | 0.12% | 23,553 SH | Aug. 8, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.12% | 176,426 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.11% | 2,693 NS | May 31, 2026 | N-PORT |
| IJH · iShares Trust | 0.11% | 1,958,242 SH | Aug. 8, 2026 | Daily |
| ISCG · iShares Trust | 0.10% | 15,450 SH | Aug. 8, 2026 | Daily |
| MIDU · Direxion Shares ETF Trust | 0.10% | 938 NS | April 30, 2026 | N-PORT |
| IGE · iShares Trust | 0.10% | 11,269 SH | Aug. 8, 2026 | Daily |
| IVOG · VANGUARD ADMIRAL FUNDS | 0.10% | 22,400 SH | Aug. 8, 2026 | Daily |
| MVV · ProShares Trust | 0.10% | 1,957 NS | May 31, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.09% | 271,763 NS | May 31, 2026 | N-PORT |
| IJK · iShares Trust | 0.08% | 132,655 SH | Aug. 8, 2026 | Daily |
| DFAT · Dimensional ETF Trust | 0.08% | 119,694 NS | April 30, 2026 | N-PORT |
| ESML · iShares Trust | 0.07% | 31,100 SH | Aug. 8, 2026 | Daily |
| UMDD · ProShares Trust | 0.07% | 273 NS | May 31, 2026 | N-PORT |
| UWM · ProShares Trust | 0.07% | 2,106 NS | May 31, 2026 | N-PORT |
| GSSC · Goldman Sachs ETF Trust | 0.06% | 7,556 NS | May 31, 2026 | N-PORT |
| VB · VANGUARD INDEX FUNDS | 0.06% | 1,301,946 SH | Aug. 8, 2026 | Daily |
| VBK · VANGUARD INDEX FUNDS | 0.06% | 375,904 SH | Aug. 8, 2026 | Daily |
| ISCB · iShares Trust | 0.05% | 2,179 SH | Aug. 8, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.05% | 651,272 SH | Aug. 8, 2026 | Daily |
| VBR · VANGUARD INDEX FUNDS | 0.05% | 413,202 SH | Aug. 8, 2026 | Daily |
| URTY · ProShares Trust | 0.05% | 2,130 NS | May 31, 2026 | N-PORT |