MPWR Monolithic Power Systems, Inc. - Common Stock
About Monolithic Power Systems, Inc. - Common Stock Company overview from Wikipedia
Monolithic Power Systems, Inc. is an American, publicly traded company headquartered in West Palm Beach, Florida. It operates in more than 15 locations worldwide.
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Monolithic Power Systems, Inc. is an American, publicly traded company headquartered in West Palm Beach, Florida. It operates in more than 15 locations worldwide.
Monolithic Power Systems (MPS) provides power circuits for systems found in cloud computing, telecom infrastructures, automotive, industrial applications and consumer applications.
History
Monolithic Power Systems, Inc. was founded in 1997 by Michael Hsing, who is the current CEO. Prior to the founding of the corporation, Hsing worked as a Senior Silicon Technology Developer at several analog integrated circuit companies.
The company then diversified into DC/DC products. In November 2004, Hsing took the company public with an IPO. Since then, the company has grown to incorporate 13 product lines with more than 4,000 products.
In February 2021, the company was added to the S&P 500. In December 2025, MPS was added to the NASDAQ 100. In 2023, the company made progress on its long-term ESG goals and diversity goals, including the addition of a second female director to its Board of Directors. The company also published its annual ESG report and launched public commitments to reduce Scope 1 and 2 greenhouse gas emissions by 40% by 2030 and to be powered globally by 75% of Renewable Electricity by 2026.
About
Monolithic Power Systems is headquartered in West Palm Beach, Florida. The company designs, develops, and markets for communications, storage and computing, consumer electronics, industrial, and automotive markets, in addition to supporting the electrification of transportation. Monolithic Power Systems markets its products through third-party distributors and value-added resellers. It directly markets to original equipment manufacturers, original design manufacturers, and electronic manufacturing service providers in China, Taiwan, Europe, Korea, Southeast Asia, Japan, and the United States.
Products
Monolithic Power Systems provides digital, analog, and mixed-signal integrated circuits. It offers energy-efficient DC to DC converter ICs that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers, set top boxes, displays, automobiles, and medical equipment. The company also provides lighting control ICs for backlighting, which are used in systems that provide the light source for LCD panels in notebook computers, LCD monitors, car navigation systems, and LCD televisions. In addition, Monolithic Power Systems supports the electrification of transportation and manufactures class D Audio Amplifier products.
Locations
Monolithic Power Systems operates at 18 locations primarily in the US, Europe, and east Asia.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
MPWR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
MPWR 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 30, 2026 | $2.0000 |
| March 31, 2026 | $2.0000 |
| Dec. 31, 2025 | $1.5600 |
| Sept. 30, 2025 | $1.5600 |
| June 30, 2025 | $1.5600 |
| March 31, 2025 | $1.5600 |
| Dec. 31, 2024 | $1.2500 |
| Sept. 30, 2024 | $1.2500 |
| June 28, 2024 | $1.2500 |
| March 27, 2024 | $1.2500 |
| Dec. 28, 2023 | $1.0000 |
| Sept. 28, 2023 | $1.0000 |
| June 29, 2023 | $1.0000 |
| March 30, 2023 | $1.0000 |
| Dec. 29, 2022 | $0.7500 |
| Sept. 29, 2022 | $0.7500 |
| June 29, 2022 | $0.7500 |
| March 30, 2022 | $0.7500 |
| Dec. 30, 2021 | $0.6000 |
| Sept. 29, 2021 | $0.6000 |
MPWR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 7 30.4%
- Buy 12 52.2%
- Hold 4 17.4%
- Sell 0 0.0%
- 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 | $6.50 | $5.98 | 0.52% |
| March 31, 2026 | $5.10 | $4.99 | 0.11% |
| Dec. 31, 2025 | $4.79 | $4.82 | -0.03% |
| Sept. 30, 2025 | $4.73 | $4.73 | -0.00% |
| June 30, 2025 | $4.21 | $4.20 | 0.01% |
| March 31, 2025 | $4.04 | $4.09 | -0.05% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| MPWR | $44.15B | 70.5 | 26.4% | 22.3% | 18.0% | 55.2% |
| INTC | $180.78B | -603.3 | -0.47% | -0.51% | -0.25% | 34.8% |
| TXN | — | 31.8 | 13.1% | 28.3% | 30.1% | 57.0% |
| MRVL | $68.75B | 26.4 | 42.1% | 32.6% | 19.3% | 51.0% |
| ADI | $114.64B | 51.3 | 16.9% | 20.6% | 6.6% | 61.5% |
| QCOM | $181.72B | 33.8 | 13.7% | 12.5% | 22.7% | — |
| ALAB | $28.31B | 136.4 | 115.1% | 25.7% | 17.5% | 75.7% |
| CBRS | — | — | — | — | — | — |
| MRVL | $68.75B | 26.4 | 42.1% | 32.6% | 19.3% | 51.0% |
| MCHP | $35.02B | 293.7 | 7.1% | 4.9% | 3.5% | 57.7% |
| ON | $21.48B | 186.7 | -15.3% | 2.0% | 1.5% | 33.1% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.79B | $2.21B | $1.82B | $1.79B | $1.21B | $844M | $628M | $582M | $471M | $389M | $333M | $283M | |
| Cost of Revenue | $1.25B | $986M | $800M | $746M | $522M | $378M | $282M | $260M | $213M | $178M | $153M | $130M | |
| Gross Profit | $1.54B | $1.22B | $1.02B | $1.05B | $685M | $466M | $346M | $323M | $258M | $211M | $180M | $153M | |
| SG&A Expense | $429M | $357M | $276M | $282M | $232M | $162M | $134M | $114M | $97M | $83M | $72M | $67M | |
| Operating Expenses | $811M | $682M | $539M | $522M | $423M | $307M | $244M | $209M | $181M | $156M | $139M | $117M | |
| Operating Income | $729M | $539M | $482M | $527M | $262M | $159M | $103M | $113M | $77M | $54M | $41M | $35M | |
| Other Non-op | $587.0K | $658.0K | $2M | $658.0K | $-224.0K | $2M | $486.0K | $95.0K | $162.0K | $3M | $1M | $1M | |
| Pretax Income | $766M | $573M | $506M | $525M | $272M | $169M | $113M | $118M | $83M | $57M | $42M | $36M | |
| Income Tax | $145M | $-1.02B | $78M | $87M | $30M | $5M | $4M | $13M | $18M | $5M | $7M | $897.0K | |
| Net Income | $621M | $1.59B | $427M | $438M | $242M | $164M | $109M | $105M | $65M | $53M | $35M | $35M | |
| EPS (Basic) | $12.94 | $32.76 | $8.98 | $9.37 | $5.28 | $3.67 | $2.52 | $2.49 | $1.58 | $1.30 | $0.89 | $0.92 | |
| EPS (Diluted) | $12.86 | $32.60 | $8.76 | $9.05 | $5.05 | $3.50 | $2.38 | $2.36 | $1.50 | $1.26 | $0.86 | $0.89 | |
| Shares (Basic) | 48,035,000 | 48,599,000 | 47,610,000 | 46,727,000 | 45,851,000 | 44,840,000 | 43,165,000 | 42,247,000 | 41,350,000 | 40,436,000 | 39,470,000 | 38,686,000 | |
| Shares (Diluted) | 48,309,000 | 48,835,000 | 48,771,000 | 48,358,000 | 47,889,000 | 47,014,000 | 45,763,000 | 44,602,000 | 43,578,000 | 41,915,000 | 40,869,000 | 39,793,000 | |
| EBITDA | $781M | $576M | $522M | $564M | $291M | $178M | $117M | $126M | $94M | $69M | $55M | $48M |
Balance Sheet 27
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.10B | $692M | $528M | $289M | $189M | $335M | $173M | $173M | $83M | $113M | $91M | $126M | |
| Short-term Investments | $157M | $171M | $581M | $449M | $536M | $260M | $282M | $205M | $216M | $156M | $144M | $112M | |
| Receivables | $256M | $173M | $180M | $183M | $105M | $67M | $53M | $55M | $38M | $34M | $31M | $26M | |
| Inventory | $565M | $420M | $384M | $447M | $259M | $157M | $128M | $136M | $99M | $71M | $63M | $41M | |
| Prepaid Expense | $47M | $50M | $29M | $11M | $10M | $5M | $8M | $3M | · | · | $3M | $3M | |
| Other Current Assets | $107M | $110M | $147M | $43M | $36M | $23M | $20M | $12M | $13M | $9M | $3M | · | |
| Current Assets | $2.18B | $1.57B | $1.82B | $1.41B | $1.12B | $842M | $655M | $581M | $449M | $383M | $332M | $308M | |
| PP&E (Net) | $628M | $495M | $369M | $357M | $363M | $282M | $228M | $150M | $145M | $85M | $65M | $63M | |
| PP&E (Gross) | $932M | $747M | $598M | $551M | $535M | $425M | $347M | $260M | $247M | $170M | $142M | $134M | |
| Accum. Depreciation | $305M | $252M | $229M | $194M | $172M | $143M | $119M | $110M | $103M | $85M | $77M | $71M | |
| Goodwill | $26M | $26M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | |
| Intangibles | $9M | $10M | $0 | · | · | · | · | $111.0K | $951.0K | $3M | $5M | $7M | |
| Other Non-current Assets | $165M | $194M | $211M | $249M | $70M | $60M | $49M | $36M | $30M | $27M | $16M | $8M | |
| Total Assets | $4.19B | $3.52B | $2.43B | $2.06B | $1.59B | $1.21B | $956M | $793M | $653M | $511M | $431M | $399M | |
| Accounts Payable | $138M | $103M | $63M | $61M | $83M | $38M | $27M | $23M | $23M | $17M | $13M | $13M | |
| Accrued Liabilities | $145M | $128M | $116M | $114M | $81M | $63M | $45M | $39M | $28M | $23M | $20M | $15M | |
| Current Liabilities | $369M | $295M | $235M | $263M | $227M | $147M | $98M | $80M | $66M | $53M | $43M | $37M | |
| Capital Leases | $20M | $13M | $6M | $2M | · | · | · | $0 | · | · | · | · | |
| Deferred Tax | $90M | $93M | · | · | · | · | · | $0 | · | · | · | $6M | |
| Other Non-current Liabilities | $128M | $112M | $89M | $73M | $67M | $58M | $47M | $39M | $33M | $23M | $17M | $10M | |
| Total Liabilities | $663M | $565M | $384M | $390M | $342M | $242M | $183M | $153M | $131M | $80M | $63M | $53M | |
| Common Stock | · | · | · | · | · | · | · | · | · | · | · | $240M | |
| Retained Earnings | $2.61B | $2.29B | $947M | $716M | $425M | $299M | $229M | $195M | $144M | $119M | $101M | $100M | |
| AOCI | $-15M | $-49M | $-27M | $-23M | $16M | $10M | $-5M | $-6M | $2M | $-4M | $1M | $6M | |
| Stockholders' Equity | $3.53B | $2.95B | $2.05B | $1.67B | $1.24B | $967M | $773M | $640M | $522M | $431M | $369M | $346M | |
| Liabilities + Equity | $4.19B | $3.52B | $2.43B | $2.06B | $1.59B | $1.21B | $956M | $793M | $653M | $511M | $431M | $399M | |
| Shares Outstanding | 48,709,000 | 47,823,000 | 48,028,000 | 47,107,000 | 46,256,000 | 45,267,000 | 43,616,000 | 42,505,000 | 41,614,000 | 40,793,000 | 39,689,000 | 38,832,000 |
Cash Flow 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $53M | $36M | $40M | $37M | $29M | $19M | $15M | $12M | $16M | $15M | $14M | $13M | |
| Stock-based Comp | $227M | $206M | $150M | $161M | $123M | $86M | $79M | $61M | $53M | $45M | $42M | $33M | |
| Deferred Tax | $40M | $-1.11B | $6M | $-13M | $-3M | $-2M | $-577.0K | $-843.0K | $-15M | $-5.0K | $42.0K | $17.0K | |
| Amort. of Intangibles | · | · | · | · | · | · | · | $800.0K | $2M | $2M | · | · | |
| Other Non-cash | $-103M | $63M | $15M | $-376M | $-71M | $318.0K | $14M | $-36M | $15M | $-5M | $-21M | $-8M | |
| Operating Cash Flow | $838M | $788M | $638M | $247M | $320M | $268M | $216M | $141M | $134M | $108M | $70M | $74M | |
| CapEx | $172M | $146M | $58M | $59M | $94M | $56M | $96M | $23M | $66M | $37M | $16M | $10M | |
| Investing Cash Flow | $-157M | $223M | $-179M | $-13M | $-379M | $-39M | $-167M | $-15M | $-134M | $-56M | $-57M | · | |
| Stock Repurchased | $7M | $636M | $4M | $0 | $0 | · | · | · | · | · | $32M | $41M | |
| Net Stock Activity | $-7M | $-636M | $-4M | · | · | · | · | · | · | · | $-32M | $-41M | |
| Dividends Paid | $285M | $241M | $186M | $138M | $109M | $89M | $67M | $47M | $34M | · | · | · | |
| Financing Cash Flow | $-286M | $-872M | $-184M | $-129M | $-90M | $-72M | $-48M | $-35M | $-31M | $-28M | $-47M | · | |
| Net Change in Cash | $408M | $131M | $272M | $99M | $-146M | $162M | $258.0K | $90M | $-30M | $22M | $-35M | $25M | |
| Taxes Paid | $95M | $80M | $85M | $85M | $21M | $1M | $11M | $7M | $4M | · | · | $1M | |
| Free Cash Flow | $666M | $642M | $581M | $188M | $226M | $212M | $120M | $119M | $68M | $71M | $54M | $65M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.2% | 55.3% | 56.1% | 58.4% | 56.8% | 55.2% | 55.1% | 55.4% | 54.9% | 54.3% | 54.1% | 54.0% | |
| Operating Margin | 26.1% | 24.4% | 26.5% | 29.4% | 21.7% | 18.8% | 16.3% | 19.5% | 16.4% | 14.0% | 12.3% | 12.5% | |
| Net Margin | 22.3% | 81.0% | 23.5% | 24.4% | 20.0% | 19.5% | 17.3% | 18.1% | 13.9% | 13.6% | 10.6% | 12.6% | |
| Pretax Margin | 27.5% | 26.0% | 27.8% | 29.3% | 22.5% | 20.1% | 18.0% | 20.3% | 17.6% | 14.7% | 12.8% | 12.9% | |
| EBITDA Margin | 28.0% | 26.1% | 28.7% | 31.4% | 24.1% | 21.1% | 18.7% | 21.6% | 19.9% | 17.8% | 16.5% | 17.1% | |
| ROA | 15.0% | 59.1% | 19.0% | 24.0% | 17.3% | 15.2% | 12.4% | 14.6% | 11.2% | 11.2% | 8.5% | 9.2% | |
| ROE | 18.0% | 65.0% | 21.4% | 27.4% | 20.1% | 17.5% | 14.4% | 16.8% | 13.7% | 13.2% | 9.8% | 10.6% | |
| ROIC | 16.7% | 53.5% | 19.9% | 26.3% | 18.8% | 16.0% | 12.8% | 15.8% | 11.7% | 11.6% | 9.2% | 9.9% |
Liquidity & Solvency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 5.9 | 5.3 | 7.7 | 5.4 | 5.0 | 5.7 | 6.7 | 7.2 | 6.8 | 7.2 | 7.7 | 8.4 | |
| Quick Ratio | 4.1 | 3.5 | 5.5 | 3.5 | 3.7 | 4.5 | 5.2 | 5.4 | 5.1 | 5.7 | 6.1 | 7.2 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.7 | 0.7 | 0.8 | 1.0 | 0.9 | 0.8 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | |
| Inventory Turnover | 2.3 | 2.5 | 1.9 | 2.1 | 2.5 | 2.7 | 2.1 | 2.2 | 2.5 | 2.6 | 2.9 | 3.2 | |
| Receivables Turnover | 11.2 | 12.5 | 10.0 | 12.5 | 14.1 | 14.1 | 11.6 | 12.5 | 13.0 | 11.9 | 11.8 | 11.4 |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 26.4% | 21.2% | 1.5% | 48.5% | 43.0% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 15.9% | 22.3% | 29.2% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 27.0% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -60.6% | 272.1% | -3.2% | 79.2% | 44.3% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 12.4% | 86.2% | 35.8% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 29.7% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -61.0% | 272.5% | -2.4% | 80.8% | 47.2% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 12.4% | 87.4% | 37.5% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 30.5% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 26.2% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.79B | $2.21B | $1.82B | $1.79B | $1.21B | $844M | $628M | $582M | $471M | $389M | $333M | $283M | |
| Net Income TTM | $621M | $1.59B | $427M | $438M | $242M | $164M | $109M | $105M | $65M | $53M | $35M | $35M | |
| Market Cap | $44.15B | $28.30B | $30.30B | $16.66B | $22.82B | $16.58B | $7.76B | $4.94B | $4.68B | $3.34B | $2.53B | $1.93B | |
| P/E | 70.5 | 18.2 | 72.0 | 39.1 | 97.7 | 104.6 | 74.8 | 49.3 | 74.9 | 65.0 | 74.1 | 55.9 | |
| P/S | 15.8 | 12.8 | 16.6 | 9.3 | 18.9 | 19.6 | 12.4 | 8.5 | 9.9 | 8.6 | 7.6 | 6.8 | |
| P/B | 12.5 | 9.0 | 14.8 | 10.0 | 18.3 | 17.2 | 10.0 | 7.7 | 9.0 | 7.8 | 6.9 | 5.6 | |
| P / Tangible Book | 12.6 | 9.7 | 14.8 | 10.0 | 18.4 | 17.3 | · | · | · | · | · | · | |
| P / Cash Flow | 52.7 | 35.9 | 47.5 | 67.5 | 71.3 | 61.9 | 35.9 | 34.9 | 34.9 | 31.0 | 36.3 | 26.1 | |
| P / FCF | 66.3 | 44.1 | 52.2 | 88.7 | 101.2 | 78.1 | 64.4 | 41.5 | 68.7 | 47.3 | 47.1 | 29.9 | |
| Dividend Yield | 0.65% | 0.85% | 0.61% | 0.83% | 0.48% | 0.54% | 0.87% | 0.96% | 0.73% | · | · | · | |
| Earnings Yield | 1.4% | 5.5% | 1.4% | 2.6% | 1.0% | 0.96% | 1.3% | 2.0% | 1.3% | 1.5% | 1.4% | 1.8% | |
| Payout Ratio | 45.8% | 13.5% | 43.5% | 31.5% | 45.2% | 54.0% | 61.8% | · | · | · | · | · | |
| Annual Payout | $285M | $241M | $186M | $138M | $109M | $89M | $67M | $47M | $34M | · | · | · |
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 | $981M | $804M | $751M | $737M | $665M | $638M | $622M | $620M | $507M | $458M | $454M | $475M | $441M | $451M | $460M | $495M | |
| Cost of Revenue | $440M | $359M | $337M | $331M | $299M | $284M | $277M | $277M | $227M | $205M | $203M | $211M | $193M | $192M | $192M | $205M | |
| Gross Profit | $541M | $445M | $414M | $406M | $366M | $353M | $344M | $343M | $281M | $252M | $251M | $264M | $248M | $259M | $268M | $291M | |
| SG&A Expense | $119M | $103M | $119M | $113M | $105M | $92M | $95M | $94M | $86M | $81M | $70M | $63M | $72M | $71M | $69M | $72M | |
| Operating Expenses | $237M | $204M | $214M | $211M | $201M | $184M | $181M | $179M | $164M | $157M | $142M | $128M | $135M | $135M | $131M | $139M | |
| Operating Income | $304M | $241M | $200M | $195M | $165M | $169M | $163M | $164M | $117M | $95M | $110M | $136M | $112M | $124M | $137M | $152M | |
| Other Non-op | $98.0K | $577.0K | $745.0K | $446.0K | $-620.0K | $16.0K | $990.0K | $-665.0K | $-1.0K | $334.0K | $-5M | $32.0K | $7M | $215.0K | $-232.0K | $553.0K | |
| Pretax Income | $322M | $247M | $210M | $206M | $177M | $174M | $170M | $174M | $124M | $105M | $120M | $138M | $119M | $130M | $141M | $152M | |
| Income Tax | $64M | $54M | $34M | $26M | $42M | $39M | $-1.09B | $30M | $24M | $12M | $23M | $17M | $19M | $20M | $22M | $28M | |
| Net Income | $257M | $193M | $176M | $180M | $135M | $135M | $1.25B | $144M | $100M | $93M | $97M | $121M | $100M | $110M | $119M | $124M | |
| EPS (Basic) | $5.24 | $3.94 | $3.63 | $3.75 | $2.82 | $2.82 | $25.84 | $2.96 | $2.06 | $1.90 | $2.02 | $2.54 | $2.10 | $2.32 | $2.54 | $2.66 | |
| EPS (Diluted) | $5.22 | $3.92 | $3.58 | $3.74 | $2.81 | $2.81 | $25.71 | $2.95 | $2.05 | $1.89 | $1.98 | $2.48 | $2.04 | $2.26 | $2.46 | $2.57 | |
| Shares (Basic) | 49,138,000 | 49,097,000 | -95,601,000 | 47,898,000 | 47,887,000 | 47,851,000 | -97,480,000 | 48,757,000 | 48,687,000 | 48,635,000 | -94,893,000 | 47,780,000 | 47,489,000 | 47,234,000 | -93,201,000 | 46,829,000 | |
| Shares (Diluted) | 49,260,000 | 49,242,000 | -95,758,000 | 48,042,000 | 48,019,000 | 48,006,000 | -98,002,000 | 48,964,000 | 48,945,000 | 48,928,000 | -97,432,000 | 48,792,000 | 48,756,000 | 48,655,000 | -96,527,000 | 48,349,000 | |
| EBITDA | $304M | $256M | · | $195M | $165M | $180M | · | $164M | $117M | $104M | · | $136M | $112M | $134M | · | $152M |
Balance Sheet 26
| 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 | $1.01B | $1.06B | $1.10B | $1.08B | $787M | $637M | $692M | $700M | $550M | $488M | $528M | $421M | $507M | $489M | · | $316M | |
| Short-term Investments | $408M | $304M | $157M | $188M | $359M | $389M | $171M | $762M | $757M | $798M | · | $621M | $434M | $429M | · | $420M | |
| Receivables | $344M | $302M | $256M | $242M | $195M | $215M | $173M | $165M | $158M | $194M | · | $186M | $169M | $184M | · | $153M | |
| Inventory | $676M | $619M | $565M | $506M | $491M | $455M | $420M | $425M | $427M | $396M | · | $397M | $427M | $431M | · | $397M | |
| Prepaid Expense | $44M | $43M | $47M | · | $17M | $24M | $50M | $31M | $28M | $22M | · | $29M | $15M | $10M | · | $9M | |
| Other Current Assets | $44M | $43M | $107M | $96M | $87M | $92M | $110M | $108M | $106M | $100M | · | $110M | $95M | $90M | · | $37M | |
| Current Assets | $2.48B | $2.33B | $2.18B | $2.11B | $1.92B | $1.79B | $1.57B | $2.16B | $2.00B | $1.98B | · | $1.74B | $1.63B | $1.62B | · | $1.32B | |
| PP&E (Net) | $775M | $694M | $628M | $597M | $564M | $527M | $495M | $436M | $401M | $376M | · | $358M | $342M | $354M | · | $343M | |
| PP&E (Gross) | · | · | $932M | · | · | · | $747M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $305M | · | · | · | $252M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $26M | $26M | $26M | $26M | $26M | $26M | $26M | $26M | $26M | $27M | · | $7M | $7M | $7M | · | $7M | |
| Intangibles | $8M | $9M | $9M | $9M | $9M | $10M | $10M | $10M | $11M | $10M | · | · | · | · | · | · | |
| Other Non-current Assets | $217M | $207M | $165M | $161M | $144M | $136M | $194M | $191M | $184M | $157M | · | $204M | $204M | $208M | · | $234M | |
| Total Assets | $4.69B | $4.45B | $4.19B | $4.21B | $3.97B | $3.81B | $3.52B | $2.85B | $2.65B | $2.58B | · | $2.33B | $2.22B | $2.23B | · | $1.93B | |
| Accounts Payable | $182M | $174M | $138M | $142M | $130M | $127M | $103M | $116M | $100M | $103M | · | $65M | $71M | $58M | · | $79M | |
| Accrued Liabilities | $222M | $214M | $145M | $202M | $172M | $161M | $128M | $139M | $131M | $138M | · | $121M | $113M | $156M | · | $109M | |
| Current Liabilities | $498M | $487M | $369M | $443M | $384M | $363M | $295M | $337M | $295M | $312M | · | $250M | $251M | $316M | · | $291M | |
| Capital Leases | $19M | $20M | $20M | $15M | $16M | $14M | $13M | $13M | $13M | $6M | · | · | · | · | · | · | |
| Deferred Tax | $90M | $90M | $90M | · | · | · | $93M | · | · | · | · | · | · | · | · | · | |
| Other Non-current Liabilities | $128M | $119M | $128M | $117M | $113M | $106M | $112M | $102M | $97M | $87M | · | $77M | $77M | $78M | · | $60M | |
| Total Liabilities | $791M | $771M | $663M | $638M | $570M | $539M | $565M | $503M | $452M | $465M | · | $383M | $382M | $450M | · | $401M | |
| Retained Earnings | $2.86B | $2.70B | $2.61B | $2.71B | $2.60B | $2.55B | $2.29B | $1.10B | $1.02B | $978M | · | $899M | $827M | $777M | · | $634M | |
| AOCI | $509.0K | $-10M | $-15M | $-23M | $-24M | $-43M | $-49M | $-21M | $-44M | $-41M | · | $-47M | $-43M | $-18M | · | $-42M | |
| Stockholders' Equity | $3.90B | $3.68B | $3.53B | $3.57B | $3.40B | $3.27B | $2.95B | $2.35B | $2.20B | $2.11B | $2.05B | $1.94B | $1.84B | $1.78B | $1.67B | $1.53B | |
| Liabilities + Equity | $4.69B | $4.45B | $4.19B | $4.21B | $3.97B | $3.81B | $3.52B | $2.85B | $2.65B | $2.58B | · | $2.33B | $2.22B | $2.23B | · | $1.93B | |
| Shares Outstanding | 49,142,000 | 49,129,000 | 48,709,000 | 47,905,000 | 47,892,000 | 47,877,000 | 47,823,000 | 48,779,000 | 48,698,000 | 48,667,000 | · | 47,911,000 | 47,611,000 | 47,411,000 | · | 46,941,000 |
Cash Flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $17M | $15M | $14M | $14M | $13M | $11M | $10M | $9M | $9M | $8M | $10M | $10M | $10M | $10M | $9M | $10M | |
| Stock-based Comp | $53M | $41M | $54M | $61M | $60M | $53M | $56M | $51M | $52M | $46M | $41M | $34M | $38M | $37M | $35M | $43M | |
| Deferred Tax | $27.0K | $-152.0K | $13M | $10M | $9M | $7M | $-1.10B | $-777.0K | $-6M | $248.0K | $-5M | $12M | $-362.0K | $-622.0K | $-12M | $166.0K | |
| Other Non-cash | · | $975.0K | · | · | · | $50M | · | · | · | $101M | · | · | · | $63M | · | · | |
| Operating Cash Flow | $228M | $250M | $105M | $239M | $238M | $256M | $168M | $232M | $141M | $248M | $153M | $176M | $90M | $219M | $52M | $-18M | |
| CapEx | $82M | $71M | $41M | $43M | $48M | $40M | $65M | $34M | $32M | $16M | $14M | $27M | $8M | $9M | $13M | $7M | |
| Investing Cash Flow | $-185M | $-212M | $-12M | $128M | $-16M | $-257M | $519M | $-27M | $-3M | $-266M | $34M | $-213M | $-12M | $12M | $-50M | $31M | |
| Stock Repurchased | · | · | $2M | $2M | $3M | $0 | $622M | $6M | $4M | $4M | $4M | $0 | $0 | $0 | · | · | |
| Net Stock Activity | · | · | · | $-2M | $-3M | $0 | · | · | · | $-4M | · | · | · | · | · | · | |
| Dividends Paid | $101M | $78M | $75M | $75M | $75M | $60M | $62M | $61M | $68M | $50M | $51M | $49M | $49M | $37M | $36M | $36M | |
| Financing Cash Flow | $-103M | $-75M | $-77M | $-73M | $-79M | $-56M | $-685M | $-63M | $-74M | $-50M | $-54M | $-47M | $-50M | $-32M | $-36M | $-33M | |
| Net Change in Cash | $-57M | $-36M | $18M | $294M | $150M | $-54M | $-9M | $150M | $62M | $-73M | $140M | $-86M | $18M | $200M | $-28M | $-27M | |
| Taxes Paid | $57M | $31M | $73M | $5M | $17M | $-218.0K | $21M | $25M | $33M | $725.0K | $11M | $15M | $60M | $-1M | $24M | $20M | |
| Free Cash Flow | · | $179M | · | · | · | $216M | · | · | · | $232M | · | · | · | $210M | · | · |
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 | 55.2% | 55.3% | · | 55.1% | 55.1% | 55.4% | · | 55.4% | 55.3% | 55.1% | · | 55.5% | 56.1% | 57.4% | · | 58.7% | |
| Operating Margin | 31.0% | 30.0% | · | 26.5% | 24.8% | 26.5% | · | 26.5% | 23.0% | 20.8% | · | 28.5% | 25.5% | 27.6% | · | 30.7% | |
| Net Margin | 26.2% | 24.0% | · | 24.2% | 20.1% | 21.0% | · | 23.3% | 19.8% | 20.2% | · | 25.5% | 22.6% | 24.3% | · | 25.1% | |
| Pretax Margin | 32.8% | 30.7% | · | 27.9% | 26.6% | 27.3% | · | 28.1% | 24.4% | 22.9% | · | 29.0% | 27.0% | 28.7% | · | 30.7% | |
| EBITDA Margin | 31.0% | 31.9% | · | 26.5% | 24.8% | 28.3% | · | 26.5% | 23.0% | 22.7% | · | 28.5% | 25.5% | 29.8% | · | 30.7% | |
| ROA | 5.9% | 4.7% | · | 5.1% | 4.0% | 4.2% | · | 5.6% | 4.1% | 3.9% | · | 5.7% | 5.0% | 5.6% | · | 7.3% | |
| ROE | 7.0% | 5.6% | · | 6.0% | 4.8% | 5.0% | · | 6.7% | 5.0% | 4.8% | · | 7.0% | 6.1% | 7.1% | · | 9.2% | |
| ROIC | 6.2% | 5.1% | · | 4.7% | 3.7% | 4.0% | · | 5.8% | 4.3% | 4.0% | · | 6.1% | 5.1% | 5.9% | · | 8.1% |
Liquidity & Solvency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 5.0 | 4.8 | · | 4.8 | 5.0 | 4.9 | · | 6.4 | 6.8 | 6.3 | · | 6.9 | 6.5 | 5.1 | · | 4.5 | |
| Quick Ratio | 3.5 | 3.4 | · | 3.4 | 3.5 | 3.4 | · | 4.8 | 5.0 | 4.7 | · | 4.9 | 4.4 | 3.5 | · | 3.1 |
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 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.3 | |
| Inventory Turnover | 0.8 | 0.7 | · | 0.7 | 0.7 | 0.7 | · | 0.7 | 0.5 | 0.5 | · | 0.5 | 0.5 | 0.5 | · | 0.7 | |
| Receivables Turnover | 3.6 | 3.1 | · | 3.6 | 3.8 | 3.1 | · | 3.5 | 3.1 | 2.4 | · | 2.8 | 3.0 | 3.0 | · | 4.2 |
Valuation (TTM) 11
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.19B | $2.84B | · | $2.66B | $2.43B | $2.22B | · | $2.06B | $1.88B | $1.82B | · | $1.86B | $1.85B | $1.79B | · | $1.66B | |
| Net Income TTM | $765M | $643M | · | $594M | $515M | $472M | · | $458M | $414M | $423M | · | $455M | $448M | $428M | · | $387M | |
| Market Cap | $67.93B | $53.72B | · | $44.10B | $35.03B | $27.77B | · | $45.10B | $40.01B | $32.97B | · | $22.13B | $25.72B | $23.73B | · | $17.06B | |
| P/E | 88.1 | 82.3 | · | 74.8 | 68.9 | 59.8 | · | 98.7 | 97.1 | 78.1 | · | 49.4 | 58.5 | 56.6 | · | 45.3 | |
| P/S | 21.3 | 18.9 | · | 16.6 | 14.4 | 12.5 | · | 21.9 | 21.3 | 18.1 | · | 11.9 | 13.9 | 13.3 | · | 10.3 | |
| P/B | 17.4 | 14.6 | · | 12.4 | 10.3 | 8.5 | · | 19.2 | 18.2 | 15.6 | · | 11.4 | 14.0 | 13.4 | · | 11.1 | |
| P / Tangible Book | 17.6 | 14.7 | · | 12.5 | 10.4 | 8.6 | · | 19.5 | 18.5 | 15.9 | · | 11.4 | 14.0 | 13.4 | · | 11.2 | |
| P / Cash Flow | · | 214.6 | · | · | · | 108.3 | · | · | · | 132.9 | · | · | · | 108.5 | · | · | |
| P / FCF | · | 299.4 | · | · | · | 128.5 | · | · | · | 142.1 | · | · | · | 113.0 | · | · | |
| Earnings Yield | 1.1% | 1.2% | · | 1.3% | 1.5% | 1.7% | · | 1.0% | 1.0% | 1.3% | · | 2.0% | 1.7% | 1.8% | · | 2.2% | |
| Payout Ratio | · | 40.6% | · | · | · | 44.9% | · | · | · | 53.5% | · | · | · | 33.5% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | |
|---|---|---|---|---|---|
| Revenue | $2.79B | — | — | — | $2.21B |
| Gross Margin % | 55.2% | — | — | — | 55.3% |
| Operating Margin % | 26.1% | — | — | — | 24.4% |
| Net Income | $621M | — | — | — | $1.59B |
| Diluted EPS | $12.86 | — | — | — | $32.60 |
Balance Sheet
| 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | |
|---|---|---|---|---|---|
| Current Ratio | 5.9 | — | — | — | 5.3 |
| Quick Ratio | 4.1 | — | — | — | 3.5 |
Cash Flow
| 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $666M | — | — | — | $642M |
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Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
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Institutional owners (13F) 1,351 filers · $38.4B 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 |
|---|---|---|---|---|
| 223 (+25 vs prior Q) | 80 (-16 vs prior Q) | 409 (+33 vs prior Q) | 453 (+42 vs prior Q) | +1.3M |
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 | $6,112,492,618 | 4,421,780 | 15.94% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $4,322,302,424 | 3,126,756 | 11.27% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $3,462,615,505 | 2,504,858 | 9.03% | Shares |
| STATE STREET CORP | $3,159,218,647 | 2,282,186 | 8.24% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $1,431,669,041 | 1,039,571 | 3.73% | Shares |
| NORGES BANK | $1,038,703,922 | 751,399 | 2.71% | Shares |
| VAN ECK ASSOCIATES CORP | $963,806,274 | 697,218 | 2.51% | Shares |
| GOLDMAN SACHS GROUP INC | $672,912,616 | 486,785 | 1.75% | Shares |
| FIRST TRUST ADVISORS LP | $667,377,220 | 482,781 | 1.74% | Shares |
| Rafferty Asset Management, LLC | $634,887,536 | 459,278 | 1.66% | Shares |
| BARCLAYS PLC | $497,695,217 | 360,033 | 1.30% | Shares |
| BANK OF AMERICA CORP /DE/ | $494,338,847 | 357,605 | 1.29% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $387,012,417 | 279,965 | 1.01% | Shares |
| California Public Employees Retirement System | $309,509,022 | 223,899 | 0.81% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $287,366,379 | 207,881 | 0.75% | Shares |
| TWO SIGMA INVESTMENTS, LP | $263,346,492 | 190,505 | 0.69% | Shares |
| JENNISON ASSOCIATES LLC | $242,364,880 | 175,327 | 0.63% | Shares |
| NEUBERGER BERMAN GROUP LLC | $207,383,372 | 150,021 | 0.54% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $205,684,109 | 148,792 | 0.54% | Shares |
| EARNEST PARTNERS LLC | $205,566,609 | 148,707 | 0.54% | Shares |
| AMERICAN CENTURY COMPANIES INC | $203,508,580 | 147,212 | 0.53% | Shares |
| ALLIANCEBERNSTEIN L.P. | $192,143,142 | 175,738 | 0.50% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $190,079,633 | 137,505 | 0.50% | Shares |
| MILLENNIUM MANAGEMENT LLC | $189,155,231 | 136,835 | 0.49% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $182,559,991 | 132,064 | 0.48% | Shares |
| Swiss National Bank | $181,932,400 | 131,610 | 0.47% | Shares |
| Artisan Partners Limited Partnership | $179,919,848 | 130,154 | 0.47% | Shares |
| JANE STREET GROUP, LLC | $167,680,268 | 121,300 | 0.44% | Put option |
| JANE STREET GROUP, LLC | $166,989,088 | 120,800 | 0.44% | Call option |
| Legal & General Group Plc | $165,453,289 | 119,689 | 0.43% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $153,191,753 | 110,819 | 0.40% | Shares |
| TimesSquare Capital Management, LLC | $151,800,714 | 138,840 | 0.40% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $150,086,582 | 108,573 | 0.39% | Shares |
| Vanguard Global Advisers, LLC | $146,680,837 | 106,109 | 0.38% | Shares |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | $146,614,484 | 106,061 | 0.38% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $143,141,000 | 103,548 | 0.37% | Shares |
| BlackRock, Inc. | $142,070,667 | 102,774 | 0.37% | Shares |
| Pictet Asset Management Holding SA | $139,226,137 | 100,736 | 0.36% | Shares |
| Mirae Asset Global Investments Co., Ltd. | $134,843,689 | 97,546 | 0.35% | Shares |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | $133,193,151 | 96,352 | 0.35% | Shares |
| Robeco Schweiz AG | $132,752,178 | 96,033 | 0.35% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $130,608,137 | 94,482 | 0.34% | Shares |
| RHUMBLINE ADVISERS | $130,449,038 | 94,367 | 0.34% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $127,998,242 | 92,594 | 0.33% | Shares |
| CITADEL ADVISORS LLC | $117,915,308 | 85,300 | 0.31% | Put option |
| D1 Capital Partners L.P. | $117,642,983 | 85,103 | 0.31% | Shares |
| ROYAL BANK OF CANADA | $117,134,000 | 84,735 | 0.31% | Shares |
| CONGRESS ASSET MANAGEMENT CO | $111,176,480 | 80,425 | 0.29% | Shares |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC | $108,421,260 | 78,432 | 0.28% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $107,759,109 | 77,953 | 0.28% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $105,557,010 | 76,360 | 0.28% | Shares |
| Liontrust Investment Partners LLP | $104,763,535 | 75,786 | 0.27% | Shares |
| Quantinno Capital Management LP | $104,636,660 | 75,694 | 0.27% | Shares |
| DF DENT & CO INC | $100,848,571 | 72,954 | 0.26% | Shares |
| CITADEL ADVISORS LLC | $99,806,392 | 72,200 | 0.26% | Call option |
| Ensign Peak Advisors, Inc | $98,360,443 | 71,154 | 0.26% | Shares |
| Baird Financial Group, Inc. | $94,546,257 | 68,394 | 0.25% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $92,741,150 | 67,089 | 0.24% | Shares |
| LPL Financial LLC | $90,223,409 | 65,267 | 0.24% | Shares |
| ProShare Advisors LLC | $89,300,456 | 64,600 | 0.23% | Shares |
| Qube Research & Technologies Ltd | $89,228,573 | 64,548 | 0.23% | Shares |
| National Pension Service | $87,819,948 | 63,529 | 0.23% | Shares |
| Impax Asset Management Group plc | $87,678,948 | 63,427 | 0.23% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $87,179,916 | 63,066 | 0.23% | Shares |
| CITADEL ADVISORS LLC | $86,438,971 | 62,530 | 0.23% | Shares |
| BAMCO INC /NY/ | $81,011,825 | 58,604 | 0.21% | Shares |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | $80,114,674 | 57,955 | 0.21% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $80,043,969 | 60,948 | 0.21% | Shares |
| EVENTIDE ASSET MANAGEMENT, LLC | $79,718,381 | 57,790 | 0.21% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $79,118,086 | 72,363 | 0.21% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $78,157,755 | 56,653 | 0.20% | Shares |
| Candriam S.C.A. | $75,825,452 | 54,905 | 0.20% | Shares |
| STRS OHIO | $75,035,883 | 54,281 | 0.20% | Shares |
| Squarepoint Ops LLC | $73,298,257 | 53,024 | 0.19% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $73,238,815 | 52,981 | 0.19% | Shares |
| AMERIPRISE FINANCIAL INC | $70,762,190 | 51,181 | 0.18% | Shares |
| Caisse de depot et placement du Quebec | $69,438,708 | 50,232 | 0.18% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $69,351,619 | 50,169 | 0.18% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $68,961,793 | 49,887 | 0.18% | Shares |
| Resona Asset Management Co.,Ltd. | $66,944,118 | 49,148 | 0.17% | Shares |
| WORLDQUANT MILLENNIUM ADVISORS LLC | $65,165,833 | 47,141 | 0.17% | Shares |
| Robeco Institutional Asset Management B.V. | $65,142,328 | 47,124 | 0.17% | Shares |
| Corient Private Wealth LP | $63,322,939 | 45,838 | 0.17% | Shares |
| Quadrature Capital Ltd | $62,163,347 | 44,969 | 0.16% | Shares |
| Grandeur Peak Global Advisors, LLC | $57,681,736 | 41,727 | 0.15% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $57,423,234 | 41,540 | 0.15% | Shares |
| AVIVA PLC | $56,841,261 | 41,119 | 0.15% | Shares |
| WHITTIER TRUST CO | $54,943,642 | 40,816 | 0.14% | Shares |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC | $54,899,045 | 39,714 | 0.14% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $52,062,442 | 37,662 | 0.14% | Shares |
| NEOS Investment Management LLC | $51,331,175 | 37,133 | 0.13% | Shares |
| RAYMOND JAMES FINANCIAL INC | $51,017,545 | 36,906 | 0.13% | Shares |
| FACTORY MUTUAL INSURANCE CO | $49,014,339 | 35,457 | 0.13% | Shares |
| WOLVERINE TRADING, LLC | $48,141,837 | 54,300 | 0.13% | Call option |
| NewEdge Wealth, LLC | $47,365,535 | 34,264 | 0.12% | Shares |
| Mariner, LLC | $47,016,415 | 34,038 | 0.12% | Shares |
| PFA Pension, Forsikringsaktieselskab | $46,606,001 | 33,715 | 0.12% | Shares |
| Bank Julius Baer & Co. Ltd, Zurich | $45,535,284 | 33,321 | 0.12% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $45,235,122 | 32,723 | 0.12% | Shares |
| Man Group plc | $45,194,878 | 32,694 | 0.12% | Shares |
Company insiders 24 insiders · 4 officers · 7 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Michael Hsing | CEO | May 18, 2026 S | 848,263 | 0 | 81 | $-314,435,797 |
| Theodore Blegen | EVP and CFO | Feb. 6, 2026 S | 82,353 | 0 | 92 | $-42,634,700 |
| Saria Tseng | EVP & General Counsel | May 27, 2026 S | 144,218 | 0 | 67 | $-164,165,409 |
| Deming Xiao | EVP, Global Operations | May 6, 2026 S | 205,959 | 0 | 5 | $-76,426,846 |
| Jeff Zhou | Director | May 26, 2026 S | 3,800 | 0 | 5 | $-3,418,673 |
| Eileen Wynne | Director | May 6, 2026 S | 1,007 | 0 | 1 | $-530,198 |
| Eugen J Elmiger | Director | May 6, 2026 S | 5,402 | 0 | 15 | $-22,406,322 |
| Victor K Lee | Director | Feb. 9, 2026 S | 27,756 | 0 | 8 | $-1,995,099 |
| Carintia Martinez | Director | Feb. 3, 2026 A | 1,067 | 0 | 1 | $-1,260,000 |
| James C Moyer | Director | Aug. 29, 2024 G | 0 | 0 | 0 | $0 |
| Kuo Wei Herbert Chang | — | Aug. 11, 2026 S | 565 | 0 | 3 | $-248,094 |
| Robert W Dean II | — | Aug. 5, 2026 S | 7,132 | 0 | 3 | $-183,691 |
| Maurice Sciammas | — | Aug. 4, 2026 G | 36,062 | 0 | 61 | $-101,386,047 |
| Pilkington Karen A Smith- | — | April 28, 2016 A | 22,996 | 0 | 0 | $0 |
| Meera Rao | — | Feb. 8, 2016 S | 243,534 | 0 | 0 | $0 |
| Douglas M Mcburnie | — | May 22, 2014 S | 0 | 0 | 0 | $0 |
| Paul Ueunten | — | Feb. 4, 2013 S | 110,045 | 0 | 0 | $0 |
| Umesh Padval | — | Feb. 8, 2011 A | 5,700 | 0 | 0 | $0 |
| Rick Neely | — | Dec. 8, 2010 M | 28,125 | 0 | 0 | $0 |
| Adriana Chiocchi | — | Oct. 5, 2009 M | 7,500 | 0 | 0 | $0 |
| Alan L Earhart | — | Feb. 18, 2009 A | 0 | 0 | 0 | $0 |
| Jim J Jones III | — | June 21, 2006 A | 2,120,356 | 0 | 0 | $0 |
| Tim Christoffersen | — | Sept. 6, 2005 D | 12,500 | 0 | 0 | $0 |
| BAVP, L.P. | — | Nov. 24, 2004 C | 2,298,185 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 232 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 |
|---|---|---|---|---|
| MID · AMERICAN CENTURY ETF TRUST | 8.20% | 5,212 NS | May 31, 2026 | N-PORT |
| KMID · Virtus ETF Trust II | 7.10% | 1,932 NS | April 30, 2026 | N-PORT |
| NBDS · Neuberger Berman ETF Trust | 4.40% | 1,015 NS | May 31, 2026 | N-PORT |
| QQQG · Pacer Funds Trust | 4.13% | 289 NS | April 30, 2026 | N-PORT |
| QQQA · ProShares Trust | 4.11% | 1,193 NS | May 31, 2026 | N-PORT |
| SOXY · Tidal Trust II | 3.78% | 1,167 NS | April 30, 2026 | N-PORT |
| CHPY · Tidal Trust II | 3.77% | 14,548 NS | April 30, 2026 | N-PORT |
| GFGF · EA Series Trust | 3.48% | 825 NS | May 29, 2026 | N-PORT |
| AMID · EA Series Trust | 3.48% | 2,330 NS | May 29, 2026 | N-PORT |
| CBSE · Elevation Series Trust | 3.26% | 966 NS | April 30, 2026 | N-PORT |
| CBLS · Elevation Series Trust | 3.15% | 1,038 NS | April 30, 2026 | N-PORT |
| LGRO · ALPS ETF Trust | 2.78% | 2,390 NS | May 31, 2026 | N-PORT |
| EPSB · Harbor ETF Trust | 2.70% | 78 NS | April 30, 2026 | N-PORT |
| RDVI · First Trust Exchange-Traded Fund IV | 2.63% | 50,074 NS | April 30, 2026 | N-PORT |
| BOBP · EXCHANGE TRADED CONCEPTS TRUST | 2.53% | 28 NS | April 30, 2026 | N-PORT |
| TDV · ProShares Trust | 2.47% | 4,568 NS | May 31, 2026 | N-PORT |
| SOXL · Direxion Shares ETF Trust | 2.45% | 256,818 NS | April 30, 2026 | N-PORT |
| COWG · Pacer Funds Trust | 2.44% | 32,930 NS | April 30, 2026 | N-PORT |
| PJFM · PGIM ETF Trust | 2.31% | 245 NS | May 29, 2026 | N-PORT |
| FGSI · First Trust Exchange-Traded Fund IV | 2.21% | 41 NS | April 30, 2026 | N-PORT |
| FXL · First Trust Exchange-Traded AlphaDE… | 2.12% | 19,476 NS | April 30, 2026 | N-PORT |
| NULG · Nushares ETF Trust | 1.82% | 29,453 NS | April 30, 2026 | N-PORT |
| QGRO · AMERICAN CENTURY ETF TRUST | 1.69% | 23,879 NS | May 31, 2026 | N-PORT |
| SXQG · EXCHANGE TRADED CONCEPTS TRUST | 1.66% | 718 NS | May 31, 2026 | N-PORT |
| JMID · Janus Detroit Street Trust | 1.63% | 184 NS | April 30, 2026 | N-PORT |
| PSET · Principal Exchange-Traded Funds | 1.55% | 322 NS | June 30, 2026 | N-PORT |
| FDG · AMERICAN CENTURY ETF TRUST | 1.45% | 3,830 NS | May 31, 2026 | N-PORT |
| GTEK · Goldman Sachs ETF Trust | 1.42% | 2,202 NS | May 31, 2026 | N-PORT |
| CHPX · Global X Funds | 1.39% | 2,293 NS | May 31, 2026 | N-PORT |
| CHPS · DBX ETF Trust | 1.38% | 791 NS | May 29, 2026 | N-PORT |
| QQQE · Direxion Shares ETF Trust | 1.36% | 10,245 NS | April 30, 2026 | N-PORT |
| FDTX · Fidelity Covington Trust | 1.30% | 2,144 NS | May 31, 2026 | N-PORT |
| JSTC · Tidal Trust I | 1.26% | 2,700 NS | May 31, 2026 | N-PORT |
| ROE · EA Series Trust | 1.21% | 2,008 NS | May 29, 2026 | N-PORT |
| QFLR · Innovator ETFs Trust | 1.15% | 3,588 NS | April 30, 2026 | N-PORT |
| WBIL · Absolute Shares Trust | 1.11% | 244 NS | June 30, 2026 | N-PORT |
| HIBL · Direxion Shares ETF Trust | 1.09% | 534 NS | April 30, 2026 | N-PORT |
| FBCG · FIDELITY COVINGTON TRUST | 1.03% | 39,659 NS | April 30, 2026 | N-PORT |
| FTC · First Trust Exchange-Traded AlphaDE… | 0.94% | 7,386 NS | April 30, 2026 | N-PORT |
| TRFM · ETF Series Solutions | 0.85% | 822 NS | April 30, 2026 | N-PORT |
| JOET · Virtus ETF Trust II | 0.81% | 1,178 NS | April 30, 2026 | N-PORT |
| PEXL · Pacer Funds Trust | 0.75% | 211 NS | April 30, 2026 | N-PORT |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.60% | 1,631 NS | April 30, 2026 | N-PORT |
| FWD · AB Active ETFs, Inc. | 0.56% | 10,255 NS | May 31, 2026 | N-PORT |
| TDVI · First Trust Exchange-Traded Fund IV | 0.55% | 1,413 NS | April 30, 2026 | N-PORT |
| ROUS · Lattice Strategies Trust | 0.53% | 1,919 NS | April 30, 2026 | N-PORT |
| AVMC · AMERICAN CENTURY ETF TRUST | 0.51% | 1,327 NS | May 31, 2026 | N-PORT |
| JQUA · J.P. Morgan Exchange-Traded Fund Tr… | 0.51% | 23,535 NS | April 30, 2026 | N-PORT |
| KRMA · Global X Funds | 0.49% | 373 NS | May 31, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.49% | 4,494 NS | April 30, 2026 | N-PORT |