MKSI MKS Inc. - Common Stock
MKSI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
MKSI 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 | $0.2500 |
| Feb. 23, 2026 | $0.2500 |
| Nov. 24, 2025 | $0.2200 |
| Aug. 25, 2025 | $0.2200 |
| May 27, 2025 | $0.2200 |
| Feb. 24, 2025 | $0.2200 |
| Nov. 25, 2024 | $0.2200 |
| Aug. 26, 2024 | $0.2200 |
| May 24, 2024 | $0.2200 |
| Feb. 23, 2024 | $0.2200 |
| Nov. 24, 2023 | $0.2200 |
| Aug. 25, 2023 | $0.2200 |
| May 26, 2023 | $0.2200 |
| Feb. 24, 2023 | $0.2200 |
| Nov. 25, 2022 | $0.2200 |
| Aug. 5, 2022 | $0.2200 |
| May 26, 2022 | $0.2200 |
| Feb. 25, 2022 | $0.2200 |
| Nov. 26, 2021 | $0.2200 |
| Aug. 27, 2021 | $0.2200 |
MKSI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 4 19.0%
- Buy 14 66.7%
- Hold 2 9.5%
- Sell 1 4.8%
- Strong Sell 0 0.0%
12-Month Price Target
13 analysts · 2026-08-17Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $3.30 | $3.02 | 0.28% |
| March 31, 2026 | $2.30 | $2.08 | 0.22% |
| Dec. 31, 2025 | $2.47 | $2.50 | -0.03% |
| Sept. 30, 2025 | $1.93 | $1.89 | 0.04% |
| June 30, 2025 | $1.77 | $1.66 | 0.11% |
| March 31, 2025 | $1.71 | $1.47 | 0.24% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| MKSI | $10.74B | 36.6 | 9.6% | 7.5% | 11.2% | 46.7% |
| AMAT | $181.40B | 26.4 | 4.4% | 24.7% | 35.5% | 48.7% |
| KLAC | $394.33B | 82.4 | 11.7% | 35.6% | 81.8% | — |
| TER | $30.21B | 55.8 | 13.1% | 17.4% | 19.7% | 58.2% |
| Q | — | 24.7 | 9.7% | 15.3% | 8.2% | — |
| ENTG | $12.80B | 54.4 | -1.4% | 7.4% | 6.1% | 44.4% |
| ONTO | $8.24B | 59.7 | 1.8% | 13.6% | 6.7% | 49.7% |
| AMKR | $9.76B | 26.3 | 6.2% | 5.6% | 8.7% | 14.0% |
| FORM | $4.51B | 84.1 | 2.8% | 6.9% | 5.4% | 39.3% |
| ACMR | — | 28.8 | 15.2% | 10.4% | 7.9% | 44.4% |
| AXTI | $905M | -33.4 | -11.1% | -24.1% | -9.1% | 12.7% |
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 | $3.93B | $3.59B | $3.62B | $3.55B | $2.95B | $2.33B | $1.90B | $2.08B | $1.92B | $1.30B | $814M | $781M | |
| Cost of Revenue | · | · | · | $2.00B | $1.57B | $1.28B | $1.07B | $1.10B | $1.02B | $730M | $451M | $443M | |
| Gross Profit | $1.84B | $1.71B | $1.64B | $1.55B | $1.38B | $1.05B | $830M | $980M | $891M | $566M | $363M | $338M | |
| R&D Expense | $299M | $271M | $288M | $241M | $200M | $173M | $164M | $136M | $133M | $111M | $68M | $63M | |
| SG&A Expense | $724M | $674M | $675M | $488M | $385M | $353M | $330M | $298M | $290M | $228M | $129M | $132M | |
| Operating Income | $528M | $498M | $-1.55B | $617M | $699M | $454M | $220M | $494M | $407M | $157M | $157M | $135M | |
| Interest Expense | $212M | $284M | $356M | $177M | $25M | $29M | $44M | $17M | $31M | $31M | $143.0K | $72.0K | |
| Other Non-op | $-16M | $2M | $-27M | $-11M | $-9M | $-3M | $-3M | $-2M | $-6M | $-1M | · | · | |
| Pretax Income | $304M | $180M | $-1.93B | $433M | $665M | $423M | $178M | $481M | $448M | $128M | $159M | $136M | |
| Income Tax | $9M | $-10M | $-87M | $100M | $114M | $73M | $37M | $88M | $108M | $23M | $37M | $21M | |
| Net Income | $295M | $190M | $-1.84B | $333M | $551M | $350M | $140M | $393M | $339M | $105M | $122M | $116M | |
| EPS (Basic) | $4.39 | $2.82 | $-27.54 | $5.57 | $9.95 | $6.36 | $2.57 | $7.22 | $6.26 | $1.96 | $2.30 | $2.17 | |
| EPS (Diluted) | $4.37 | $2.81 | $-27.54 | $5.56 | $9.90 | $6.33 | $2.55 | $7.14 | $6.16 | $1.94 | $2.28 | $2.16 | |
| Shares (Basic) | 67,300,000 | 67,300,000 | 66,800,000 | 59,700,000 | 55,400,000 | 55,100,000 | 54,700,000 | 54,400,000 | 54,137,000 | 53,472,000 | 53,282,000 | 53,232,000 | |
| Shares (Diluted) | 67,700,000 | 67,600,000 | 66,800,000 | 59,900,000 | 55,700,000 | 55,300,000 | 55,100,000 | 55,000,000 | 55,074,000 | 54,051,000 | 53,560,000 | 53,515,000 | |
| EBITDA | $528M | $498M | $-1.55B | $617M | $699M | $454M | $220M | $494M | $407M | $157M | $157M | $135M |
Balance Sheet 29
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $418M | $420M | $507M | $849M | · | $545M | $349M | $644M | $334M | $229M | $228M | $305M | |
| Short-term Investments | · | · | $0 | $1M | $76M | $228M | $109M | $74M | $209M | $189M | $431M | $287M | |
| Receivables | $651M | $615M | $603M | $720M | $443M | $393M | $341M | $295M | $300M | $249M | $102M | $106M | |
| Inventory | $921M | $893M | $991M | $977M | $577M | $501M | $462M | $385M | $339M | $276M | $153M | $155M | |
| Other Current Assets | $263M | $252M | $227M | $187M | $85M | $74M | $106M | $66M | $54M | $51M | $18M | $28M | |
| Current Assets | $2.51B | $2.47B | $2.70B | $2.79B | $2.15B | $1.80B | $1.43B | $1.46B | $1.24B | $999M | $940M | $895M | |
| PP&E (Net) | $810M | $771M | $784M | $800M | $326M | $284M | $242M | $194M | $172M | $175M | $69M | $73M | |
| PP&E (Gross) | $1.67B | $1.51B | $1.52B | $1.46B | $939M | $883M | $835M | $707M | $657M | $618M | $284M | $283M | |
| Accum. Depreciation | $859M | $736M | $738M | $662M | $613M | $599M | $594M | $512M | $485M | $443M | $215M | $210M | |
| Goodwill | $2.57B | $2.48B | $2.55B | $4.31B | $1.23B | $1.07B | $1.06B | $587M | $591M | $589M | $200M | $192M | |
| Intangibles | $2.14B | $2.27B | $2.62B | $3.17B | $576M | $512M | $565M | $320M | $366M | $408M | $44M | $46M | |
| Other Non-current Assets | $492M | $356M | $240M | $186M | $79M | $46M | $48M | $39M | $38M | $32M | $21M | $17M | |
| Total Assets | $8.80B | $8.59B | $9.12B | $11.49B | $4.54B | $3.90B | $3.42B | $2.61B | $2.41B | $2.21B | $1.27B | $1.22B | |
| Accounts Payable | $407M | $341M | $327M | $426M | $168M | $111M | $88M | $84M | $83M | $69M | $23M | $34M | |
| Accrued Liabilities | $78M | $62M | · | · | · | · | · | · | · | · | · | · | |
| Short-term Debt | $51M | $50M | $93M | $93M | $9M | $14M | $12M | $4M | $3M | $11M | · | · | |
| Current Liabilities | $927M | $775M | $848M | $952M | $460M | $374M | $318M | $263M | $290M | $237M | $91M | $104M | |
| Capital Leases | · | · | · | · | $193M | $187M | $45M | · | · | · | · | · | |
| Deferred Tax | $474M | $504M | $640M | $783M | $99M | $59M | $72M | $48M | $62M | $66M | $3M | · | |
| Other Non-current Liabilities | $131M | $149M | $106M | $90M | $44M | $58M | $42M | $30M | $32M | $21M | $5M | $39M | |
| Total Liabilities | $6.08B | $6.27B | $6.65B | $7.01B | $1.65B | $1.54B | $1.39B | $741M | $825M | $970M | $112M | · | |
| Long-term Debt | $4.15B | $4.49B | $4.70B | $4.83B | $808M | $815M | $872M | $344M | $390M | $601M | · | · | |
| Total Debt | $51M | $50M | $5.05B | $5.21B | $9M | $14M | $12M | $4M | $3M | · | · | · | |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $100.0K | $100.0K | $113.0K | $113.0K | $113.0K | $113.0K | $113.0K | |
| Retained Earnings | $711M | $503M | $373M | $2.27B | $1.99B | $1.49B | $1.18B | $1.08B | $796M | $495M | $427M | $349M | |
| AOCI | $-93M | $-248M | $-96M | $69M | $-11M | $300.0K | $-22M | $-6M | $3M | $-31M | $-11M | $-2M | |
| Stockholders' Equity | $2.72B | $2.32B | $2.47B | $4.48B | $2.89B | $2.36B | $2.02B | $1.87B | $1.59B | $1.24B | $1.16B | $1.08B | |
| Liabilities + Equity | $8.80B | $8.59B | $9.12B | $11.49B | $4.54B | $3.90B | $3.42B | $2.61B | $2.41B | $2.21B | $1.27B | $1.22B | |
| Shares Outstanding | 67,200,000 | 67,400,000 | 66,900,000 | 66,600,000 | 55,500,000 | 55,200,000 | 54,596,183 | 54,039,554 | 54,355,535 | 53,672,861 | 53,199,720 | 53,154,666 |
Cash Flow 18
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $344M | $348M | $397M | $216M | $104M | $99M | $110M | $80M | $83M | $66M | $22M | $21M | |
| Stock-based Comp | $55M | $48M | $54M | $45M | $37M | $30M | $49M | $27M | $24M | $25M | $13M | $11M | |
| Deferred Tax | $-196M | $-226M | $-234M | $-46M | $2M | $-7M | $-4M | $-19M | $-5M | $-39M | $410.0K | $5M | |
| Amort. of Intangibles | $247M | $245M | $295M | $146M | $55M | $55M | $67M | $44M | $46M | $36M | $7M | $5M | |
| Restructuring | $37M | $6M | $20M | $10M | $11M | $3M | $6M | $4M | $4M | $642.0K | $2M | $2M | |
| Operating Cash Flow | $645M | $528M | $319M | $529M | $640M | $513M | $244M | $414M | $355M | $180M | $138M | $102M | |
| CapEx | $148M | $118M | $87M | $164M | $87M | $85M | $64M | $63M | $31M | $19M | $12M | $13M | |
| Investing Cash Flow | $-145M | $-117M | $-84M | $-4.55B | $-205M | $-202M | $-947M | $73M | $23M | $-727M | · | · | |
| Debt Issued | · | · | · | · | · | · | · | $40.0K | $191.0K | $745M | · | · | |
| Net Debt Issued | · | · | · | · | · | $-59M | $-106M | $-50M | $-228M | $591M | · | · | |
| Stock Repurchased | $45M | $0 | $0 | · | · | · | · | $75M | · | $2M | $13M | $21M | |
| Net Stock Activity | $-45M | · | · | · | · | · | · | $-75M | · | $-2M | $-13M | $-21M | |
| Dividends Paid | $59M | $59M | $59M | $52M | $47M | $44M | $44M | $42M | $38M | $36M | $36M | $35M | |
| Financing Cash Flow | $-562M | $-549M | $-259M | $3.97B | $-65M | $-122M | $476M | $-178M | $-280M | $560M | · | · | |
| Net Change in Cash | $-39M | $-161M | $-34M | $-57M | $358M | $193M | $-230M | $310M | $100M | $6M | $-78M | $17M | |
| Taxes Paid | $178M | $145M | $180M | · | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $497M | $410M | $232M | $365M | $553M | $428M | $181M | $351M | $324M | $161M | $126M | $89M | |
| Levered FCF | $291M | $110M | $-108M | $229M | $532M | $404M | $146M | $337M | $300M | $136M | $126M | $89M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 46.7% | 47.6% | 45.3% | 43.6% | 46.8% | 45.0% | 43.7% | 47.2% | 46.5% | 43.7% | 44.6% | 43.3% | |
| Operating Margin | 13.4% | 13.9% | -42.9% | 17.4% | 23.7% | 19.5% | 11.6% | 23.8% | 21.2% | 12.1% | 19.2% | 17.3% | |
| Net Margin | 7.5% | 5.3% | -50.8% | 9.4% | 18.7% | 15.0% | 7.4% | 18.9% | 17.7% | 8.1% | 15.0% | 14.8% | |
| Pretax Margin | 7.7% | 5.0% | -53.2% | 12.2% | 22.6% | 18.1% | 9.4% | 23.2% | 23.4% | 9.9% | 19.6% | 17.5% | |
| EBITDA Margin | 13.4% | 13.9% | -42.9% | 17.4% | 23.7% | 19.5% | 11.6% | 23.8% | 21.2% | 12.1% | 19.2% | 17.3% | |
| ROA | 3.4% | 2.1% | -17.9% | 4.2% | 13.1% | 9.6% | 4.7% | 15.6% | 14.7% | 6.0% | 9.8% | 9.5% | |
| ROE | 11.2% | 8.1% | -74.4% | 7.7% | 19.6% | 15.3% | 7.0% | 21.3% | 24.0% | 8.7% | 10.9% | 11.0% | |
| ROIC | 18.5% | 22.2% | -19.7% | 4.9% | 20.0% | 15.8% | 8.5% | 21.5% | 19.4% | 10.4% | 10.3% | 10.6% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.7 | 3.2 | 3.2 | 2.9 | 4.7 | 4.8 | 4.5 | 5.6 | 4.3 | 4.2 | 10.3 | 7.1 | |
| Quick Ratio | 1.2 | 1.3 | 1.3 | 0.8 | 1.1 | 3.1 | 1.4 | 1.4 | 2.9 | 2.8 | 8.4 | 5.2 | |
| Debt / Equity | 0.0 | 0.0 | 2.0 | 1.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | · | · | · | |
| LT Debt / Equity | · | · | 2.0 | 1.1 | · | · | · | · | · | · | · | · | |
| Interest Coverage | 2.5 | 1.8 | -4.4 | 3.5 | 27.5 | 15.6 | 5.0 | 29.2 | 13.1 | 5.1 | 1095.2 | 1877.0 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.5 | 0.4 | 0.4 | 0.4 | 0.7 | 0.6 | 0.6 | 0.8 | 0.8 | 0.7 | 0.7 | 0.6 | |
| Inventory Turnover | · | · | · | 2.6 | 2.9 | 2.7 | 2.5 | 3.0 | 3.3 | 3.4 | 2.9 | 3.0 | |
| Receivables Turnover | 6.2 | 5.9 | 5.5 | 6.1 | 7.1 | 6.4 | 6.0 | 7.0 | 7.0 | 7.4 | 7.8 | 7.0 |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 9.6% | -0.99% | 2.1% | 20.2% | 26.6% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 3.5% | 6.7% | 15.8% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 11.0% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 55.5% | · | · | -43.8% | 56.4% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -7.7% | -34.3% | · | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | -7.1% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 55.3% | · | · | -39.6% | 57.4% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -4.0% | -29.9% | · | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | -3.4% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 6.0% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.93B | $3.59B | $3.62B | $3.55B | $2.95B | $2.33B | $1.90B | $2.08B | $1.92B | $1.30B | $814M | $781M | |
| Net Income TTM | $295M | $190M | $-1.84B | $333M | $551M | $350M | $140M | $393M | $339M | $105M | $122M | $116M | |
| Market Cap | $10.74B | $7.04B | $6.88B | $5.64B | $9.67B | $8.30B | $6.01B | $3.49B | $5.14B | $3.19B | $1.92B | $1.95B | |
| Enterprise Value | $10.37B | $6.67B | $11.42B | · | · | $7.55B | · | · | $4.60B | · | · | · | |
| P/E | 36.6 | 37.1 | -3.7 | 15.2 | 17.6 | 23.8 | 43.1 | 9.0 | 15.3 | 30.6 | 15.8 | 16.9 | |
| P/S | 2.7 | 2.0 | 1.9 | 1.6 | 3.3 | 3.6 | 3.2 | 1.7 | 2.7 | 2.5 | 2.4 | 2.5 | |
| P/B | 3.9 | 3.0 | 2.8 | 1.3 | 3.3 | 3.5 | 3.0 | 1.9 | 3.2 | 2.6 | 1.6 | 1.8 | |
| P / Tangible Book | · | · | · | · | 8.9 | 10.6 | · | · | · | · | · | · | |
| P / Cash Flow | 16.6 | 13.3 | 21.6 | 10.7 | 15.1 | 16.2 | 24.6 | 8.4 | 14.5 | 17.7 | 13.8 | 19.1 | |
| P / FCF | 21.6 | 17.2 | 29.7 | 15.5 | 17.5 | 19.4 | 33.3 | 10.0 | 15.9 | 19.8 | 15.2 | 21.9 | |
| EV / EBITDA | 19.6 | 13.4 | -7.3 | · | · | 16.6 | · | · | 11.3 | · | · | · | |
| EV / FCF | 20.9 | 16.3 | 49.2 | · | · | 17.6 | · | · | 14.2 | · | · | · | |
| EV / Revenue | 2.6 | 1.9 | 3.2 | · | · | 3.2 | · | · | 2.4 | · | · | · | |
| Dividend Yield | 0.55% | 0.84% | 0.86% | 0.92% | 0.49% | 0.53% | 0.72% | 1.2% | 0.74% | 1.1% | 1.9% | 1.8% | |
| Earnings Yield | 2.7% | 2.7% | -26.8% | 6.6% | 5.7% | 4.2% | 2.3% | 11.1% | 6.5% | 3.3% | 6.3% | 5.9% | |
| Payout Ratio | 20.0% | 31.1% | -3.2% | 15.6% | 8.6% | 12.6% | 31.0% | 10.8% | 11.3% | 34.7% | 29.4% | 30.1% | |
| Annual Payout | $59M | $59M | $59M | $52M | $47M | $44M | $44M | $42M | $38M | $36M | $36M | $35M |
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 | $1.25B | $1.08B | $1.03B | $988M | $973M | $936M | $935M | $896M | $887M | $868M | $893M | $932M | $1.00B | $794M | $1.09B | $954M | |
| Cost of Revenue | · | · | · | · | · | · | · | · | · | · | · | $506M | $533M | $459M | · | $564M | |
| Gross Profit | $595M | $507M | $479M | $461M | $453M | $444M | $442M | $432M | $419M | $415M | $411M | $426M | $470M | $335M | $485M | $390M | |
| R&D Expense | $76M | $81M | $77M | $76M | $76M | $70M | $65M | $70M | $66M | $70M | $70M | $71M | $75M | $72M | $73M | $63M | |
| SG&A Expense | $200M | $190M | $184M | $180M | $175M | $185M | $176M | $167M | $161M | $170M | $162M | $167M | $172M | $174M | $169M | $126M | |
| Operating Income | $251M | $149M | $144M | $138M | $135M | $111M | $137M | $128M | $127M | $106M | $23M | $118M | $-1.70B | $1M | $163M | $118M | |
| Interest Expense | $38M | $45M | $51M | $53M | $55M | $53M | $54M | $64M | $79M | $87M | $90M | $93M | $88M | $85M | $84M | $80M | |
| Other Non-op | $2M | $1M | $-5M | $-2M | $-10M | $1M | $-3M | $-5M | $7M | $3M | $-11M | $-7M | $-11M | $2M | $-15M | $1M | |
| Pretax Income | $213M | $102M | $89M | $84M | $72M | $59M | $79M | $60M | $22M | $19M | $-80M | $22M | $-1.79B | $-79M | $66M | $40M | |
| Income Tax | $38M | $18M | $-18M | $10M | $10M | $7M | $-11M | $-2M | $-1M | $4M | $-11M | $-17M | $-22M | $-37M | $12M | $34M | |
| Net Income | $175M | $84M | $107M | $74M | $62M | $52M | $90M | $62M | $23M | $15M | $-69M | $39M | $-1.77B | $-42M | $54M | $6M | |
| EPS (Basic) | $2.59 | $1.24 | $1.60 | $1.10 | $0.92 | $0.77 | $1.34 | $0.92 | $0.34 | $0.22 | $-1.02 | $0.59 | $-26.47 | $-0.64 | $0.57 | $0.09 | |
| EPS (Diluted) | $2.41 | $1.18 | $1.58 | $1.10 | $0.92 | $0.77 | $1.34 | $0.92 | $0.33 | $0.22 | $-1.01 | $0.58 | $-26.47 | $-0.64 | $0.58 | $0.09 | |
| Shares (Basic) | 67,600,000 | 67,400,000 | -134,600,000 | 67,300,000 | 67,200,000 | 67,400,000 | -134,400,000 | 67,400,000 | 67,300,000 | 67,000,000 | -133,600,000 | 66,900,000 | 66,800,000 | 66,700,000 | -112,600,000 | 61,000,000 | |
| Shares (Diluted) | 72,700,000 | 71,100,000 | -135,000,000 | 67,600,000 | 67,400,000 | 67,700,000 | -134,900,000 | 67,600,000 | 67,500,000 | 67,400,000 | -133,800,000 | 67,100,000 | 66,800,000 | 66,700,000 | -112,800,000 | 61,100,000 | |
| EBITDA | $251M | $149M | · | $138M | $135M | $111M | · | $128M | $127M | $106M | · | $118M | $-1.70B | $1M | · | $118M |
Balance Sheet 29
| 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 | $454M | $463M | $418M | $413M | $498M | $407M | $420M | $439M | $505M | $462M | · | · | · | · | · | · | |
| Short-term Investments | · | · | · | · | · | · | · | · | $1M | $1M | · | $1M | $1M | $1M | · | $1M | |
| Receivables | $830M | $775M | $651M | $611M | $649M | $639M | $615M | $609M | $597M | $576M | · | $618M | $631M | $572M | $720M | $730M | |
| Inventory | $1.03B | $949M | $921M | $934M | $918M | $894M | $893M | $940M | $938M | $971M | · | $1.01B | $1.04B | $1.06B | $977M | $961M | |
| Other Current Assets | $300M | $252M | $263M | $294M | $243M | $238M | $252M | $258M | $262M | $268M | · | $288M | $303M | $237M | · | $215M | |
| Current Assets | $2.77B | $2.54B | $2.51B | $2.54B | $2.48B | $2.43B | $2.47B | $2.67B | $2.65B | $2.66B | · | $2.77B | $2.73B | $2.75B | · | $2.79B | |
| PP&E (Net) | $798M | $795M | $810M | $769M | $801M | $774M | $771M | $770M | $759M | $766M | · | $761M | $777M | $794M | · | $655M | |
| PP&E (Gross) | · | · | $1.67B | · | · | · | $1.51B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $859M | · | · | · | $736M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $2.58B | $2.56B | $2.57B | $2.56B | $2.57B | $2.50B | $2.48B | $2.57B | $2.50B | $2.51B | · | $2.54B | $2.58B | $4.33B | $4.31B | $3.85B | |
| Intangibles | $2.02B | $2.06B | $2.14B | $2.20B | $2.27B | $2.24B | $2.27B | $2.44B | $2.42B | $2.50B | · | $2.61B | $2.73B | $3.11B | · | $3.65B | |
| Other Non-current Assets | $509M | $491M | $492M | $438M | $421M | $383M | $356M | $328M | $314M | $265M | · | $223M | $185M | $149M | · | $187M | |
| Total Assets | $8.94B | $8.73B | $8.80B | $8.78B | $8.83B | $8.56B | $8.59B | $9.02B | $8.86B | $8.93B | · | $9.14B | $9.23B | $11.37B | · | $11.37B | |
| Accounts Payable | $534M | $448M | $407M | $382M | $355M | $323M | $341M | $306M | $291M | $290M | · | $309M | $314M | $372M | · | $410M | |
| Accrued Liabilities | $83M | $83M | $78M | · | · | · | $62M | · | · | · | · | · | · | · | · | · | |
| Short-term Debt | $1.40B | $1.40B | $51M | $51M | $51M | $50M | $50M | $50M | $50M | $50M | · | $87M | $88M | $88M | · | $95M | |
| Current Liabilities | $2.42B | $2.29B | $927M | $886M | $832M | $781M | $775M | $781M | $740M | $721M | · | $838M | $835M | $876M | · | $1.01B | |
| Capital Leases | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $220M | |
| Deferred Tax | $438M | $450M | $474M | $483M | $504M | $502M | $504M | $590M | $588M | $622M | · | $595M | $628M | $751M | · | $893M | |
| Other Non-current Liabilities | $157M | $136M | $131M | $151M | $170M | $160M | $149M | $126M | $124M | $114M | · | $97M | $93M | $94M | · | $75M | |
| Total Liabilities | $5.95B | $5.92B | $6.08B | $6.18B | $6.27B | $6.20B | $6.27B | $6.62B | $6.63B | $6.51B | · | $6.66B | $6.74B | $6.92B | · | $7.22B | |
| Long-term Debt | $2.54B | $2.65B | $4.15B | $4.25B | $4.36B | $4.41B | $4.49B | $4.76B | $4.83B | $4.69B | · | $4.79B | $4.82B | $4.84B | · | $4.89B | |
| Total Debt | $1.40B | $1.40B | · | $51M | $51M | $50M | · | $50M | $50M | $50M | · | $87M | $88M | $88M | · | $95M | |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | · | $0 | $0 | $0 | · | $0 | |
| Retained Earnings | $936M | $778M | $711M | $618M | $559M | $512M | $503M | $428M | $381M | $373M | · | $455M | $431M | $2.21B | · | $2.23B | |
| AOCI | $-41M | $-71M | $-93M | $-108M | $-84M | $-225M | $-248M | $-83M | $-190M | $-150M | · | $-159M | $-104M | $82M | · | $-208M | |
| Stockholders' Equity | $2.99B | $2.81B | $2.72B | $2.60B | $2.55B | $2.35B | $2.32B | $2.40B | $2.23B | $2.42B | $2.47B | $2.48B | $2.50B | $4.45B | $4.48B | $4.15B | |
| Liabilities + Equity | $8.94B | $8.73B | $8.80B | $8.78B | $8.83B | $8.56B | $8.59B | $9.02B | $8.86B | $8.93B | · | $9.14B | $9.23B | $11.37B | · | $11.37B | |
| Shares Outstanding | 67,600,000 | 67,300,000 | 67,200,000 | 67,200,000 | 67,200,000 | 66,900,000 | 67,400,000 | 67,298,941 | 67,300,000 | 67,100,000 | · | 66,900,000 | 66,900,000 | 66,700,000 | · | 66,500,000 |
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 | $85M | $85M | $87M | $85M | $87M | $85M | $87M | $87M | $86M | $88M | $96M | $93M | $101M | $107M | $96M | $64M | |
| Stock-based Comp | $15M | $19M | $9M | $12M | $12M | $22M | $11M | $11M | $11M | $15M | $11M | $12M | $13M | $18M | $14M | $10M | |
| Deferred Tax | $-20M | $-24M | $-71M | $-45M | $-43M | $-37M | $-58M | $-73M | $-59M | $-36M | $-61M | $-53M | $-110M | $-10M | $-50M | $6M | |
| Amort. of Intangibles | $62M | $63M | $62M | $63M | $62M | $60M | $61M | $61M | $61M | $62M | $70M | $68M | $76M | $81M | $69M | $47M | |
| Restructuring | $6M | $3M | $12M | $4M | $5M | $16M | $0 | $1M | $2M | $3M | $7M | $1M | $11M | $1M | $0 | $5M | |
| Operating Cash Flow | $243M | $53M | $142M | $197M | $165M | $141M | $176M | $163M | $122M | $67M | $181M | $160M | $-59M | $37M | $184M | $199M | |
| CapEx | $54M | $25M | $50M | $51M | $29M | $18M | $51M | $22M | $27M | $18M | $34M | $18M | $18M | $17M | $55M | $26M | |
| Investing Cash Flow | $-55M | $-25M | $-49M | $-51M | $-27M | $-18M | $-51M | $-22M | $-26M | $-18M | $-34M | $-16M | $-17M | $-17M | $-52M | $-4.50B | |
| Stock Repurchased | $0 | $0 | $0 | $0 | $0 | $45M | $0 | $0 | $0 | $0 | · | · | · | · | · | · | |
| Net Stock Activity | · | $0 | · | · | · | $-45M | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid | $17M | $17M | $15M | $14M | $15M | $15M | $15M | $14M | $15M | $15M | $15M | $15M | $14M | $15M | $15M | $13M | |
| Financing Cash Flow | $-148M | $-137M | $-125M | $-128M | $-129M | $-180M | $-246M | $-144M | $-87M | $-72M | $-143M | $-38M | $-35M | $-43M | $-137M | $4.14B | |
| Net Change in Cash | $42M | $-106M | $-22M | $23M | $19M | $-59M | $-147M | $11M | $5M | $-30M | $16M | $102M | $-123M | $-29M | $25M | $-181M | |
| Free Cash Flow | · | $28M | · | · | · | $123M | · | · | · | $49M | · | · | · | $20M | · | · | |
| Levered FCF | · | $-9M | · | · | · | $76M | · | · | · | $-20M | · | · | · | $-25M | · | · |
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 | 47.7% | 47.0% | · | 46.7% | 46.6% | 47.4% | · | 48.2% | 47.2% | 47.8% | · | 45.7% | 46.9% | 42.2% | · | 40.9% | |
| Operating Margin | 20.1% | 13.8% | · | 14.0% | 13.9% | 11.9% | · | 14.3% | 14.3% | 12.2% | · | 12.7% | -169.1% | 0.13% | · | 12.4% | |
| Net Margin | 14.0% | 7.8% | · | 7.5% | 6.4% | 5.6% | · | 6.9% | 2.6% | 1.7% | · | 4.2% | -176.4% | -5.3% | · | 0.63% | |
| Pretax Margin | 17.1% | 9.5% | · | 8.5% | 7.4% | 6.3% | · | 6.7% | 2.5% | 2.2% | · | 2.4% | -178.6% | -10.0% | · | 4.2% | |
| EBITDA Margin | 20.1% | 13.8% | · | 14.0% | 13.9% | 11.9% | · | 14.3% | 14.3% | 12.2% | · | 12.7% | -169.1% | 0.13% | · | 12.4% | |
| ROA | 2.0% | 0.97% | · | 0.83% | 0.70% | 0.59% | · | 0.68% | 0.25% | 0.15% | · | 0.38% | -25.3% | -0.52% | · | 0.08% | |
| ROE | 6.3% | 3.2% | · | 3.0% | 2.6% | 2.2% | · | 2.5% | 0.97% | 0.44% | · | 1.2% | -62.9% | -1.1% | · | 0.17% | |
| ROIC | 4.7% | 2.9% | · | 4.6% | 4.5% | 4.1% | · | 5.4% | 5.8% | 3.4% | · | 8.2% | -64.8% | 0.01% | · | 0.42% |
Liquidity & Solvency 4
| 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 | 1.1 | 1.1 | · | 2.9 | 3.0 | 3.1 | · | 3.4 | 3.6 | 3.7 | · | 3.3 | 3.3 | 3.1 | · | 2.8 | |
| Quick Ratio | 0.5 | 0.5 | · | 1.2 | 1.4 | 1.3 | · | 1.3 | 1.5 | 1.4 | · | 0.7 | 0.8 | 0.7 | · | 0.7 | |
| Debt / Equity | 0.5 | 0.5 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | |
| Interest Coverage | 6.6 | 3.3 | · | 2.6 | 2.5 | 2.1 | · | 2.0 | 1.6 | 1.2 | · | 1.3 | -19.3 | 0.0 | · | 1.5 |
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 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Inventory Turnover | · | · | · | · | · | · | · | · | · | · | · | 0.5 | 0.6 | 0.5 | · | 0.7 | |
| Receivables Turnover | 1.7 | 1.5 | · | 1.6 | 1.6 | 1.5 | · | 1.5 | 1.4 | 1.5 | · | 1.4 | 1.8 | 1.5 | · | 1.6 |
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 | $4.29B | $3.98B | · | $3.79B | $3.69B | $3.59B | · | $3.58B | $3.69B | $3.60B | · | $3.68B | $3.52B | $3.25B | · | $3.20B | |
| Net Income TTM | $395M | $272M | · | $250M | $199M | $152M | · | $139M | $-1.69B | $-1.76B | · | $-1.77B | $-1.68B | $237M | · | $411M | |
| Market Cap | $30.07B | $15.47B | · | $8.32B | $6.68B | $5.36B | · | $7.32B | $8.79B | $8.92B | · | $5.79B | $7.23B | $5.91B | · | $5.50B | |
| Enterprise Value | $31.01B | $16.40B | · | $7.96B | $6.23B | $5.01B | · | $6.93B | $8.33B | $8.51B | · | · | · | · | · | · | |
| P/E | 79.3 | 57.9 | · | 33.4 | 33.8 | 35.8 | · | 53.0 | -5.2 | -5.1 | · | -3.3 | -4.4 | 20.4 | · | 11.2 | |
| P/S | 7.0 | 3.9 | · | 2.2 | 1.8 | 1.5 | · | 2.0 | 2.4 | 2.5 | · | 1.6 | 2.1 | 1.8 | · | 1.7 | |
| P/B | 10.1 | 5.5 | · | 3.2 | 2.6 | 2.3 | · | 3.1 | 3.9 | 3.7 | · | 2.3 | 2.9 | 1.3 | · | 1.3 | |
| P / Cash Flow | · | 291.8 | · | · | · | 38.0 | · | · | · | 133.2 | · | · | · | 159.8 | · | · | |
| P / FCF | · | 552.4 | · | · | · | 43.6 | · | · | · | 182.1 | · | · | · | 295.5 | · | · | |
| EV / EBITDA | 123.6 | 110.1 | · | 57.6 | 46.1 | 45.1 | · | 54.1 | 65.6 | 80.3 | · | · | · | · | · | · | |
| EV / FCF | · | 585.8 | · | · | · | 40.7 | · | · | · | 173.7 | · | · | · | · | · | · | |
| EV / Revenue | 7.2 | 4.1 | · | 2.1 | 1.7 | 1.4 | · | 1.9 | 2.3 | 2.4 | · | · | · | · | · | · | |
| Earnings Yield | 1.3% | 1.7% | · | 3.0% | 3.0% | 2.8% | · | 1.9% | -19.4% | -19.8% | · | -30.6% | -22.9% | 4.9% | · | 8.9% | |
| Payout Ratio | · | 20.2% | · | · | · | 28.8% | · | · | · | 100.0% | · | · | · | -35.7% | · | · |
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 | $3.93B | $3.59B | $3.62B | $3.55B | $2.95B |
| Gross Margin % | 46.7% | 47.6% | 45.3% | 43.6% | 46.8% |
| Operating Margin % | 13.4% | 13.9% | -42.9% | 17.4% | 23.7% |
| Net Income | $295M | $190M | $-1.84B | $333M | $551M |
| Diluted EPS | $4.37 | $2.81 | $-27.54 | $5.56 | $9.90 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.0 | 0.0 | 2.0 | 1.2 | 0.0 |
| Current Ratio | 2.7 | 3.2 | 3.2 | 2.9 | 4.7 |
| Quick Ratio | 1.2 | 1.3 | 1.3 | 0.8 | 1.1 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $497M | $410M | $232M | $365M | $553M |
Latest News Recent headlines mentioning this company
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Institutional owners (13F) 830 filers · $20.6B 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 |
|---|---|---|---|---|
| 224 (+47 vs prior Q) | 49 (-1 vs prior Q) | 241 (+41 vs prior Q) | 243 (+59 vs prior Q) | +2.7M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1,649,019,050 | 3,707,327 | 8.00% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $1,356,444,288 | 3,049,560 | 6.58% | Shares |
| STATE STREET CORP | $949,439,264 | 2,134,663 | 4.61% | Shares |
| Point72 Asset Management, L.P. | $888,195,766 | 1,996,843 | 4.31% | Shares |
| Capital International Investors | $851,875,178 | 1,915,187 | 4.13% | Shares |
| Capital World Investors | $607,725,792 | 1,366,290 | 2.95% | Shares |
| FMR LLC | $586,346,035 | 1,318,224 | 2.85% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $567,954,159 | 1,272,389 | 2.76% | Shares |
| Whale Rock Capital Management LLC | $565,506,710 | 1,271,373 | 2.74% | Shares |
| JANE STREET GROUP, LLC | $548,216,000 | 1,232,500 | 2.66% | Call option |
| NEUBERGER BERMAN GROUP LLC | $515,189,887 | 1,158,251 | 2.50% | Shares |
| UBS Group AG | $505,310,592 | 1,136,040 | 2.45% | Call option |
| WELLINGTON MANAGEMENT GROUP LLP | $472,092,928 | 1,061,360 | 2.29% | Shares |
| NOMURA HOLDINGS INC | $444,800,000 | 1,000,000 | 2.16% | Call option |
| NORGES BANK | $424,635,882 | 954,667 | 2.06% | Shares |
| WESTFIELD CAPITAL MANAGEMENT CO LP | $413,048,645 | 928,617 | 2.00% | Shares |
| Sachem Head Capital Management LP | $361,488,960 | 812,700 | 1.75% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $329,774,720 | 741,400 | 1.60% | Call option |
| CITADEL ADVISORS LLC | $310,112,781 | 697,196 | 1.51% | Shares |
| MILLENNIUM MANAGEMENT LLC | $286,927,581 | 645,071 | 1.39% | Shares |
| Qube Research & Technologies Ltd | $269,579,046 | 606,068 | 1.31% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $259,130,250 | 582,577 | 1.26% | Shares |
| FengHe Fund Management Pte. Ltd. | $258,734,378 | 581,687 | 1.26% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $203,289,613 | 457,037 | 0.99% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $190,444,234 | 428,157 | 0.92% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $178,939,482 | 402,292 | 0.87% | Shares |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | $142,261,718 | 319,833 | 0.69% | Shares |
| Madison Asset Management, LLC | $140,865,611 | 316,694 | 0.68% | Shares |
| TREMBLANT CAPITAL GROUP | $131,387,248 | 295,385 | 0.64% | Shares |
| TOMS Capital Investment Management LP | $130,326,400 | 293,000 | 0.63% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $118,116,195 | 265,549 | 0.57% | Shares |
| ROYCE & ASSOCIATES LP | $116,345,002 | 261,567 | 0.56% | Shares |
| Polar Capital Holdings Plc | $115,844,602 | 260,442 | 0.56% | Shares |
| Balyasny Asset Management L.P. | $115,727,174 | 260,178 | 0.56% | Shares |
| PEAK6 LLC | $111,022,080 | 249,600 | 0.54% | Call option |
| Quantinno Capital Management LP | $99,264,061 | 223,165 | 0.48% | Shares |
| Madison Investment Advisors, LLC | $97,493,553 | 933,936 | 0.47% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $97,316,105 | 250,421 | 0.47% | Shares |
| Defiance ETFs, LLC | $86,501,362 | 210,440 | 0.42% | Shares |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | $84,284,707 | 189,489 | 0.41% | Shares |
| MARSHALL WACE, LLP | $81,475,350 | 183,173 | 0.40% | Shares |
| RHUMBLINE ADVISERS | $80,015,024 | 179,890 | 0.39% | Shares |
| ALKEON CAPITAL MANAGEMENT LLC | $77,187,034 | 173,532 | 0.37% | Shares |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $77,042,536 | 173,207 | 0.37% | Shares |
| Gotham Asset Management, LLC | $75,716,525 | 170,226 | 0.37% | Shares |
| JANE STREET GROUP, LLC | $75,660,480 | 170,100 | 0.37% | Put option |
| COOKE & BIELER LP | $73,492,970 | 165,227 | 0.36% | Shares |
| Evergreen Quality Fund GP, Ltd. | $73,036,160 | 164,200 | 0.35% | Shares |
| GOLDMAN SACHS GROUP INC | $72,630,947 | 163,289 | 0.35% | Shares |
| FIRST TRUST ADVISORS LP | $69,944,357 | 157,249 | 0.34% | Shares |
| LPL Financial LLC | $69,827,976 | 156,987 | 0.34% | Shares |
| Blue Grotto Capital, LLC | $66,462,906 | 149,422 | 0.32% | Shares |
| TimesSquare Capital Management, LLC | $66,223,199 | 288,165 | 0.32% | Shares |
| Retirement Systems of Alabama | $64,923,008 | 145,960 | 0.32% | Shares |
| Caption Management, LLC | $64,496,000 | 145,000 | 0.31% | Call option |
| TWO SIGMA INVESTMENTS, LP | $63,768,752 | 143,365 | 0.31% | Shares |
| ALLIANCEBERNSTEIN L.P. | $63,361,605 | 275,713 | 0.31% | Shares |
| Artemis Investment Management LLP | $63,155,373 | 141,986 | 0.31% | Shares |
| Harvey Partners, LLC | $62,746,157 | 141,066 | 0.30% | Shares |
| Park West Asset Management LLC | $61,711,552 | 138,740 | 0.30% | Shares |
| Swiss National Bank | $60,670,720 | 136,400 | 0.29% | Shares |
| SummitTX Capital, L.P. | $58,717,603 | 132,009 | 0.29% | Shares |
| CRAMER ROSENTHAL MCGLYNN LLC | $58,355,091 | 131,194 | 0.28% | Shares |
| California Public Employees Retirement System | $57,361,853 | 128,961 | 0.28% | Shares |
| Kodai Capital Management LP | $56,747,883 | 708,021 | 0.28% | Shares |
| BANK OF AMERICA CORP /DE/ | $56,526,074 | 127,082 | 0.27% | Shares |
| DENDUR CAPITAL LP | $55,155,200 | 124,000 | 0.27% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $53,653,842 | 120,625 | 0.26% | Shares |
| Spyglass Capital Management LLC | $52,720,365 | 118,526 | 0.26% | Shares |
| Rockefeller Capital Management L.P. | $50,540,109 | 113,624 | 0.25% | Shares |
| Mizuho Markets Cayman LP | $50,302,432 | 113,090 | 0.24% | Shares |
| BARCLAYS PLC | $49,243,809 | 110,710 | 0.24% | Shares |
| SAMLYN CAPITAL, LLC | $48,568,157 | 109,191 | 0.24% | Shares |
| SORA INVESTORS LLC | $47,814,221 | 107,496 | 0.23% | Shares |
| RAYMOND JAMES FINANCIAL INC | $46,541,367 | 104,634 | 0.23% | Shares |
| LIGHT STREET CAPITAL MANAGEMENT, LLC | $46,170,240 | 103,800 | 0.22% | Shares |
| GLENVIEW CAPITAL MANAGEMENT, LLC | $43,827,034 | 98,532 | 0.21% | Shares |
| BlackRock, Inc. | $42,817,782 | 96,263 | 0.21% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $42,454,077 | 95,449 | 0.21% | Shares |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | $40,667,619 | 91,429 | 0.20% | Shares |
| Aequim Alternative Investments LP | $40,351,811 | 90,719 | 0.20% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $39,415,062 | 88,613 | 0.19% | Shares |
| MARSICO CAPITAL MANAGEMENT LLC | $39,210,899 | 88,154 | 0.19% | Shares |
| CITADEL ADVISORS LLC | $38,831,040 | 87,300 | 0.19% | Call option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $38,297,280 | 86,100 | 0.19% | Put option |
| Delta Global Management LP | $36,604,371 | 82,294 | 0.18% | Shares |
| THAMES CAPITAL MANAGEMENT LLC | $35,314,896 | 79,395 | 0.17% | Shares |
| Daiwa Securities Group Inc. | $35,146,317 | 79,016 | 0.17% | Shares |
| AMERIPRISE FINANCIAL INC | $34,033,873 | 76,515 | 0.17% | Shares |
| PDT Partners, LLC | $32,179,946 | 72,347 | 0.16% | Shares |
| AGF MANAGEMENT LTD | $30,290,880 | 68,100 | 0.15% | Shares |
| Squarepoint Ops LLC | $30,169,450 | 67,827 | 0.15% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $30,067,000 | 67,596 | 0.15% | Shares |
| Nuveen, LLC | $29,661,043 | 66,684 | 0.14% | Shares |
| BANK OF NOVA SCOTIA | $29,548,293 | 66,456 | 0.14% | Shares |
| ExodusPoint Capital Management, LP | $29,191,334 | 65,628 | 0.14% | Shares |
| CITADEL ADVISORS LLC | $29,045,440 | 65,300 | 0.14% | Put option |
| Robeco Schweiz AG | $28,908,442 | 64,992 | 0.14% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $28,456,080 | 63,975 | 0.14% | Shares |
| Divisar Capital Management LLC | $27,800,445 | 62,501 | 0.13% | Shares |
Company insiders 47 insiders · 22 officers · 22 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Ramakumar Mayampurath | EVP & CFO | May 22, 2026 S | 1 | 0 | 1 | $-2,779,379 |
| Seth H Bagshaw | EVP, CFO & Treasurer | Feb. 22, 2024 S | 1 | 0 | 0 | $0 |
| James Alan Schreiner | EVP & COO | June 12, 2026 S | 19,201 | 0 | 7 | $-2,706,282 |
| Renee Martel Donlan | EVP, GC & CCO | Aug. 17, 2026 A | — | 0 | 0 | $0 |
| John Edward Williams | EVP & GM, PSD | Aug. 3, 2026 S | 4,098 | 0 | 2 | $-655,604 |
| Michelle M Mccarthy | SVP & Chief Accounting Officer | June 5, 2026 S | 2 | 0 | 3 | $-1,133,776 |
| David Philip Henry | EVP, Global Str Mktg & GM, MSD | June 1, 2026 S | 10,422 | 0 | 4 | $-3,885,950 |
| Eric Robert Taranto | EVP & GM, VSD | May 11, 2026 S | 12,596 | 0 | 3 | $-2,278,506 |
| Kathleen Flaherty Burke | EVP, GC & Secretary | May 11, 2026 S | 49,439 | 0 | 2 | $-2,456,839 |
| Mark Milton Gitin | EVP & GM, PSD | Feb. 15, 2024 M | 16,134 | 0 | 0 | $0 |
| John R Abrams | Sr. VP, Global Sales | Feb. 15, 2019 M | 6,864 | 0 | 0 | $0 |
| Brian Charles Quirk | Sr. VP, Global Operations | May 7, 2018 S | 17,641 | 0 | 0 | $0 |
| Dennis L Werth | Sr. VP, Business Units | April 2, 2018 M | 1,244 | 0 | 0 | $0 |
| Paul Loomis | VP & GM, Astex | Jan. 30, 2014 J | 6,531 | 0 | 0 | $0 |
| Paul Eyerman | VP & GM, ENI and Medical | Jan. 30, 2014 J | 17,375 | 0 | 0 | $0 |
| John Alexander Smith | Sr. VP, ASG | July 3, 2013 M | 5,931 | 0 | 0 | $0 |
| William D Stewart | VP/GM, Vacuum Products | April 2, 2012 A | 15,261 | 0 | 0 | $0 |
| Ronald Weigner | V.P., C.F.O & Treasurer | March 16, 2009 A | 11,127 | 0 | 0 | $0 |
| Frank Schneider | VP and GM Ion Systems | Aug. 23, 2007 F | 30,412 | 0 | 0 | $0 |
| Ron Hadar | V.P. General Manager CIT Prod. | June 6, 2007 M | 12,000 | 0 | 0 | $0 |
| Robert L Klimm | V.P. & General Manager | April 26, 2007 M | 10,000 | 0 | 0 | $0 |
| Donald K Smith | V.P. & CTO | Jan. 5, 2004 A | 3,381 | 0 | 0 | $0 |
| Elizabeth Mora | Director | June 1, 2026 S | 19,145 | 0 | 4 | $-244,836 |
| Joseph B Donahue | Director | May 27, 2026 S | 10,033 | 0 | 1 | $-688,695 |
| Gerard G Colella | Director | May 27, 2026 S | 20,017 | 0 | 9 | $-11,736,775 |
| Peter Cannone III | Director | May 18, 2026 S | 7,794 | 0 | 2 | $-732,165 |
| Jacqueline F Moloney | Director | May 14, 2026 S | 8,775 | 0 | 5 | $-1,073,329 |
| Wissam G Jabre | Director | May 11, 2026 A | 5,270 | 0 | 0 | $0 |
| Raj Batra | Director | May 11, 2026 A | 16,227 | 0 | 0 | $0 |
| Michelle M Warner | Director | May 7, 2024 A | 10,852 | 0 | 0 | $0 |
| Geoffrey Wild | Director | Aug. 17, 2022 A | 1,813 | 0 | 0 | $0 |
| HENRY JANICE K | Director | May 11, 2020 A | 1,989 | 0 | 0 | $0 |
| Gregory R Beecher | Director | May 5, 2020 S | 1,981 | 0 | 0 | $0 |
| Rick D Hess | Director | May 8, 2019 A | 5,468 | 0 | 0 | $0 |
| Richard S Chute | Director | May 8, 2019 S | 6,616 | 0 | 0 | $0 |
| John R Bertucci | Director | May 8, 2019 A | 67,275 | 0 | 0 | $0 |
| Peter Hanley | Director | Aug. 7, 2018 S | 1,501 | 0 | 0 | $0 |
| Robert J Phillippy | Director | Feb. 15, 2018 S | 7,355 | 0 | 0 | $0 |
| Robert R Anderson | Director | May 8, 2017 G | 9,296 | 0 | 0 | $0 |
| Cristina Amon | Director | Dec. 16, 2015 S | 29,283 | 0 | 0 | $0 |
| Louis P Valente | Director | Feb. 6, 2012 S | 12,000 | 0 | 0 | $0 |
| Hans Jochen Kahl | Director | May 2, 2011 A | 16,000 | 0 | 0 | $0 |
| Owen W Robbins | Director | May 8, 2006 A | 0 | 0 | 0 | $0 |
| James G Berges | Director | May 8, 2006 A | — | 0 | 0 | $0 |
| John Tseng-Chung Lee | — | Aug. 14, 2026 S | 134,776 | 0 | 6 | $-13,878,072 |
| Leo Berlinghieri | — | Dec. 30, 2013 M | 157,546 | 0 | 0 | $0 |
| Claire R Bertucci | — | May 1, 2008 S | 1,965,206 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 109 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 |
|---|---|---|---|---|
| SCAP · Series Portfolios Trust | 3.20% | 2,014 NS | May 31, 2026 | N-PORT |
| SMCO · Tidal Trust II | 2.50% | 11,382 NS | April 30, 2026 | N-PORT |
| NBSM · Neuberger Berman ETF Trust | 2.21% | 15,436 NS | May 31, 2026 | N-PORT |
| QUVU · Hartford Funds Exchange-Traded Trust | 1.74% | 10,616 NS | April 30, 2026 | N-PORT |
| OASC · Unified Series Trust | 1.19% | 3,075 NS | May 31, 2026 | N-PORT |
| PAMC · Pacer Funds Trust | 1.02% | 2,272 NS | April 30, 2026 | N-PORT |
| WLDR · Two Roads Shared Trust | 1.02% | 2,559 NS | April 30, 2026 | N-PORT |
| FTC · First Trust Exchange-Traded AlphaDE… | 0.98% | 43,923 NS | April 30, 2026 | N-PORT |
| MIDE · DBX ETF Trust | 0.88% | 91 NS | May 29, 2026 | N-PORT |
| IQSM · New York Life Investments ETF Trust | 0.79% | 8,785 NS | April 30, 2026 | N-PORT |
| PTMC · Pacer Funds Trust | 0.56% | 7,710 NS | April 30, 2026 | N-PORT |
| FNDA · SCHWAB STRATEGIC TRUST | 0.52% | 141,703 NS | May 31, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.51% | 26,729 NS | April 30, 2026 | N-PORT |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.49% | 8,314 NS | April 30, 2026 | N-PORT |
| MVV · ProShares Trust | 0.47% | 2,320 NS | May 31, 2026 | N-PORT |
| BKMC · BNY Mellon ETF Trust | 0.47% | 10,216 NS | April 30, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.46% | 322,851 NS | May 31, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.42% | 9,691 NS | May 31, 2026 | N-PORT |
| SCHM · SCHWAB STRATEGIC TRUST | 0.40% | 181,629 NS | May 31, 2026 | N-PORT |
| MIDU · Direxion Shares ETF Trust | 0.38% | 1,112 NS | April 30, 2026 | N-PORT |
| CHPS · DBX ETF Trust | 0.38% | 1,036 NS | May 29, 2026 | N-PORT |
| AFMC · First Trust Exchange-Traded Fund VI… | 0.36% | 1,789 NS | May 31, 2026 | N-PORT |
| UMDD · ProShares Trust | 0.33% | 324 NS | May 31, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.33% | 27,379 NS | April 30, 2026 | N-PORT |
| SMDX · Tidal Trust III | 0.32% | 1,419 NS | April 30, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.30% | 21,350 NS | April 30, 2026 | N-PORT |
| XPND · First Trust Exchange-Traded Fund VI… | 0.27% | 347 NS | May 31, 2026 | N-PORT |
| TRFM · ETF Series Solutions | 0.26% | 1,443 NS | April 30, 2026 | N-PORT |
| AVMC · AMERICAN CENTURY ETF TRUST | 0.24% | 3,003 NS | May 31, 2026 | N-PORT |
| GSEW · Goldman Sachs ETF Trust | 0.22% | 11,875 NS | May 31, 2026 | N-PORT |
| PEXL · Pacer Funds Trust | 0.18% | 290 NS | April 30, 2026 | N-PORT |
| FTEC · FIDELITY COVINGTON TRUST | 0.16% | 101,295 NS | April 30, 2026 | N-PORT |
| INFO · Harbor ETF Trust | 0.15% | 4,173 NS | April 30, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.10% | 1,472 NS | April 30, 2026 | N-PORT |
| EBI · RBB Fund Trust | 0.09% | 1,773 NS | May 31, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.07% | 111,946 NS | April 30, 2026 | N-PORT |
| GVUS · Goldman Sachs ETF Trust | 0.07% | 878 NS | May 31, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.06% | 32,375 NS | April 30, 2026 | N-PORT |
| GSLC · Goldman Sachs ETF Trust | 0.06% | 30,089 NS | May 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.05% | 5,053 NS | April 30, 2026 | N-PORT |
| USD · ProShares Trust | 0.05% | 4,464 NS | May 31, 2026 | N-PORT |
| ONEQ · Fidelity Commonwealth Trust | 0.04% | 14,779 NS | May 31, 2026 | N-PORT |
| DEUS · DBX ETF Trust | 0.04% | 361 NS | May 29, 2026 | N-PORT |
| JUST · Goldman Sachs ETF Trust | 0.04% | 710 NS | May 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.04% | 2,855 NS | April 30, 2026 | N-PORT |
| FNDB · SCHWAB STRATEGIC TRUST | 0.04% | 1,511 NS | May 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.03% | 13,886 NS | April 30, 2026 | N-PORT |
| TILT · FlexShares Trust | 0.03% | 2,310 NS | April 30, 2026 | N-PORT |
| SCHK · SCHWAB STRATEGIC TRUST | 0.03% | 5,434 NS | May 31, 2026 | N-PORT |
| AVSU · AMERICAN CENTURY ETF TRUST | 0.03% | 425 NS | May 31, 2026 | N-PORT |