POWL Powell Industries, Inc. - Common Stock
About Powell Industries, Inc. - Common Stock Company overview from Wikipedia
Powell Industries, Inc. is a manufacturer of Integrated/Packaged Solutions and Electrical Equipment to monitor and control the distribution of electrical power in commercial and industrial markets founded in 1947. Its headquarters is in Houston, Texas.
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Powell Industries, Inc. is a manufacturer of Integrated/Packaged Solutions and Electrical Equipment to monitor and control the distribution of electrical power in commercial and industrial markets founded in 1947. Its headquarters is in Houston, Texas.
The company is led by Brett Alan Cope, who is the Chairman, President and Chief Executive Officer.
Powell Industries Inc. reported annual revenue for 2022 of US$532,580,000, up from US$470,560,000 the year previous.
Products include Power Control Rooms, E-Houses, ANSI/IEC switchgear, MV and LV motor Control, LV switchgear, Bus Duct, Utility Transfer Switches, DC switchgear, bus duct, field services, and Power Management and Control Systems.
Markets served by Powell include Oil and Gas Refining, Offshore Oil and Gas Production, Petrochemical, Pipelines, Terminals, Pulp and Paper, Mining, Traction Power, Renewable Energy, and Utilities.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
POWL Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
POWL 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 |
|---|---|
| May 20, 2026 | $0.0900 |
| Feb. 18, 2026 | $0.0900 |
| Nov. 19, 2025 | $0.0893 |
| Aug. 20, 2025 | $0.0893 |
| May 21, 2025 | $0.0893 |
| Feb. 19, 2025 | $0.0893 |
| Nov. 20, 2024 | $0.0883 |
| Aug. 14, 2024 | $0.0883 |
| May 14, 2024 | $0.0883 |
| Feb. 13, 2024 | $0.0883 |
| Nov. 14, 2023 | $0.0877 |
| Aug. 15, 2023 | $0.0877 |
| May 16, 2023 | $0.0877 |
| Feb. 14, 2023 | $0.0877 |
| Nov. 15, 2022 | $0.0867 |
| Aug. 16, 2022 | $0.0867 |
| May 17, 2022 | $0.0867 |
| Feb. 15, 2022 | $0.0867 |
| Nov. 16, 2021 | $0.0867 |
| Aug. 17, 2021 | $0.0867 |
POWL Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 2 16.7%
- Buy 7 58.3%
- Hold 3 25.0%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
4 analysts · 2026-08-15Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $1.42 | $1.50 | -0.08% |
| March 31, 2026 | $1.25 | $1.39 | -0.14% |
| Dec. 31, 2025 | $1.14 | $0.99 | 0.15% |
| Sept. 30, 2025 | $1.41 | $1.29 | 0.12% |
| June 30, 2025 | $1.32 | $1.28 | 0.04% |
| March 31, 2025 | $1.27 | $1.17 | 0.10% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| POWL | $3.68B | 20.5 | 9.1% | 16.4% | 30.6% | 29.4% |
| NXT | — | 31.4 | 20.3% | 16.5% | 27.1% | 32.6% |
| GNRC | — | 50.7 | -2.0% | 3.8% | 6.2% | 38.3% |
| RRX | $9.32B | 33.4 | -1.7% | 4.7% | 4.3% | 37.4% |
| AYI | $10.02B | 26.1 | 13.1% | 9.1% | 15.1% | 47.8% |
| VICR | — | 42.0 | 26.1% | 26.2% | 18.5% | 57.3% |
| ENS | $6.33B | 22.6 | 3.7% | 7.8% | 15.4% | 29.3% |
| ST | — | 158.5 | -5.8% | 0.84% | 1.1% | — |
| ATKR | $2.11B | -139.4 | -11.0% | -0.53% | -1.1% | 23.7% |
| PLUG | — | -1.4 | 12.9% | -229.8% | -120.3% | -34.1% |
| RUN | $4.30B | 10.8 | 45.1% | 15.2% | 15.8% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.01B | $699M | $533M | $471M | $518M | $517M | $449M | $396M | $565M | $662M | $648M | |
| Cost of Revenue | $780M | $739M | $552M | $448M | $395M | $424M | $430M | $383M | $345M | $459M | · | · | |
| Gross Profit | $324M | $273M | $148M | $85M | $75M | $95M | $87M | $65M | $51M | $106M | $108M | $125M | |
| R&D Expense | $11M | $9M | $6M | $7M | $7M | $6M | $6M | $7M | $7M | $7M | $7M | $8M | |
| SG&A Expense | $95M | $85M | $79M | $71M | $67M | $68M | $70M | $67M | $62M | $75M | $77M | $88M | |
| Operating Income | $218M | $179M | $63M | $7M | $1M | $19M | $11M | $-9M | $-19M | $16M | $21M | $29M | |
| Interest Expense | · | · | · | · | $204.0K | $228.0K | $230.0K | $207.0K | $168.0K | $149.0K | $145.0K | $178.0K | |
| Interest Income | · | · | $6M | $334.0K | $73.0K | $753.0K | $1M | $883.0K | $558.0K | $156.0K | $86.0K | $13.0K | |
| Other Non-op | · | $0 | $0 | $2M | $0 | $506.0K | $0 | $747.0K | $2M | $2M | $2M | $2M | |
| Pretax Income | $234M | $196M | $69M | $10M | $1M | $20M | $12M | $-8M | $-17M | $18M | $23M | $31M | |
| Income Tax | $53M | $46M | $14M | $-4M | $461.0K | $4M | $2M | $-547.0K | $-7M | $2M | $14M | $11M | |
| Net Income | $181M | $150M | $55M | $14M | $631.0K | $17M | $10M | $-7M | $-9M | $16M | $9M | $29M | |
| EPS (Basic) | $14.98 | $12.51 | $4.59 | $1.16 | $0.05 | $1.43 | $0.85 | $-0.62 | $-0.83 | $1.36 | $0.80 | $2.43 | |
| EPS (Diluted) | $14.86 | $12.29 | $4.50 | $1.15 | $0.05 | $1.42 | $0.85 | $-0.62 | $-0.83 | $1.36 | $0.79 | $2.42 | |
| Shares (Basic) | 12,062,000 | 11,982,000 | 11,879,000 | 11,797,000 | 11,705,000 | 11,624,000 | 11,571,000 | 11,507,000 | 11,453,000 | 11,400,000 | 11,869,000 | 12,003,000 | |
| Shares (Diluted) | 12,167,000 | 12,188,000 | 12,120,000 | 11,943,000 | 11,789,000 | 11,693,000 | 11,634,000 | 11,507,000 | 11,453,000 | 11,431,000 | 11,908,000 | 12,058,000 | |
| EBITDA | $225M | $179M | $71M | $17M | $11M | $30M | $23M | $-9M | $-19M | $16M | $21M | $29M |
Balance Sheet 28
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $451M | $315M | $246M | $102M | $114M | $160M | $119M | $37M | $68M | $98M | $44M | $103M | |
| Short-term Investments | $25M | $43M | $33M | $15M | $20M | $19M | $6M | $13M | $27M | $0 | · | · | |
| Receivables | $217M | $214M | $207M | $106M | $78M | $70M | $112M | $93M | $54M | $101M | $102M | $107M | |
| Inventory | $85M | $86M | $64M | $50M | $30M | $29M | $29M | $21M | $18M | $27M | $33M | $33M | |
| Prepaid Expense | $11M | $7M | $5M | $5M | $4M | $4M | $4M | $4M | $4M | $5M | $5M | $6M | |
| Other Current Assets | $7M | $7M | $6M | $4M | $2M | $2M | $3M | $630.0K | $463.0K | $2M | $4M | $4M | |
| Current Assets | $932M | $776M | $622M | $370M | $302M | $336M | $329M | $277M | $250M | $304M | $297M | $357M | |
| PP&E (Net) | $111M | $103M | $98M | $99M | $109M | $114M | $121M | $129M | $139M | $145M | $155M | $157M | |
| PP&E (Gross) | $263M | $252M | $243M | $235M | $248M | $258M | $256M | $254M | $256M | $250M | $248M | $245M | |
| Accum. Depreciation | $152M | $149M | $146M | $137M | $138M | $144M | $135M | $125M | $117M | $105M | $94M | $88M | |
| Goodwill | $6M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | · | $1M | $1M | |
| Intangibles | $6M | $500.0K | · | · | · | · | · | · | · | · | $1M | $2M | |
| Other Non-current Assets | $19M | $18M | $13M | $12M | $15M | $12M | $12M | $11M | $14M | $11M | $10M | $8M | |
| Total Assets | $1.11B | $928M | $752M | $493M | $436M | $472M | $467M | $430M | $415M | $463M | $469M | $541M | |
| Accounts Payable | $67M | $74M | $57M | $63M | $45M | $35M | $51M | $41M | $33M | $35M | $48M | $70M | |
| Current Liabilities | $446M | $428M | $396M | $186M | $121M | $153M | $158M | $118M | $86M | $118M | $125M | $158M | |
| Capital Leases | $782.0K | $621.0K | $663.0K | $545.0K | $2M | $3M | · | · | · | · | · | · | |
| Deferred Tax | $5M | $3M | $0 | · | · | · | · | · | $0 | $138.0K | · | · | |
| Other Non-current Liabilities | $2M | $2M | $2M | $2M | $3M | $2M | $3M | $3M | $1M | $1M | $723.0K | $655.0K | |
| Total Liabilities | $468M | $445M | $407M | $196M | $135M | $166M | $168M | $128M | $94M | $127M | $136M | $170M | |
| Long-term Debt | · | · | · | $0 | $400.0K | $800.0K | $1M | $2M | $2M | $2M | $3M | $3M | |
| Total Debt | · | · | · | $0 | $400.0K | $800.0K | $1M | $2M | $2M | $2M | · | · | |
| Retained Earnings | $630M | $462M | $325M | $284M | $283M | $294M | $289M | $292M | $311M | $332M | $328M | $331M | |
| Treasury Stock | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $21M | · | |
| AOCI | $-27M | $-24M | $-27M | $-29M | $-20M | $-25M | $-25M | $-22M | $-19M | $-24M | $-22M | $-7M | |
| Stockholders' Equity | $641M | $483M | $345M | $297M | $301M | $307M | $299M | $302M | $321M | $335M | $333M | $371M | |
| Liabilities + Equity | $1.11B | $928M | $752M | $493M | $436M | $472M | $467M | $430M | $415M | $463M | $469M | $541M | |
| Shares Outstanding | 36,210,534 | 38,386,000 | 12,668,000 | 12,588,000 | 12,498,000 | 12,422,000 | 12,373,000 | 12,281,000 | 12,234,000 | 12,199,000 | 12,100,000 | 12,031,000 |
Cash Flow 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $7M | $7M | $9M | $9M | $10M | $11M | $12M | $13M | $13M | · | · | · | |
| Stock-based Comp | $5M | $5M | $5M | $4M | $3M | $3M | $4M | $3M | $3M | $5M | $3M | $3M | |
| Deferred Tax | $-5M | $-7M | $-8M | $-5M | $-995.0K | $1M | $820.0K | $-2M | $100.0K | $2M | $11M | $-3M | |
| Amort. of Intangibles | $112.0K | $0 | $0 | $0 | $157.0K | $177.0K | $177.0K | $205.0K | $400.0K | $352.0K | $435.0K | $779.0K | |
| Restructuring | · | · | · | $0 | $0 | $1M | $11.0K | $787.0K | $1M | $8M | $3M | · | |
| Other Non-cash | $-20M | · | $123M | $-26M | $-43M | $40M | $42M | · | · | · | · | · | |
| Operating Cash Flow | $168M | $109M | $183M | $-4M | $-30M | $72M | $69M | $-29M | $37M | $75M | $13M | $9M | |
| CapEx | $13M | $12M | $8M | $2M | $3M | $5M | $4M | $4M | $4M | $3M | $35M | $16M | |
| Investing Cash Flow | $-8M | $-22M | $-27M | $6M | $-2M | $-18M | $3M | $10M | $-30M | $-3M | · | $-2M | |
| Net Debt Issued | · | $0 | $0 | $-400.0K | $-400.0K | $-400.0K | $-400.0K | $-400.0K | $-400.0K | $-400.0K | $-400.0K | $-400.0K | |
| Stock Repurchased | · | · | · | · | · | · | · | $0 | $0 | $4M | $21M | · | |
| Net Stock Activity | · | · | · | · | · | · | · | $0 | $0 | $-4M | $-21M | · | |
| Dividends Paid | $13M | $13M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | |
| Financing Cash Flow | $-25M | $-19M | $-13M | $-13M | $-13M | $-13M | $-14M | $-13M | $-13M | $-17M | · | $-13M | |
| Taxes Paid | $56M | $51M | $17M | $533.0K | $2M | $2M | $-5M | $354.0K | $-764.0K | $-352.0K | $2M | $19M | |
| Free Cash Flow | $155M | $97M | $175M | $-6M | $-33M | $67M | $65M | $-33M | $33M | $72M | $-22M | $-7M | |
| Levered FCF | · | · | · | · | $-33M | $67M | $64M | $-33M | $33M | $72M | $-22M | $-7M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.4% | 27.0% | 21.1% | 16.0% | 16.0% | 18.2% | 16.8% | 14.6% | 12.8% | 18.8% | 16.4% | 19.4% | |
| Operating Margin | 19.7% | 17.7% | 8.9% | 1.4% | 0.22% | 3.7% | 2.2% | -2.0% | -4.9% | 2.8% | 3.1% | 4.5% | |
| Net Margin | 16.4% | 14.8% | 7.8% | 2.6% | 0.13% | 3.2% | 1.9% | -1.6% | -2.4% | 2.7% | 1.4% | 4.5% | |
| Pretax Margin | 21.1% | 19.4% | 9.9% | 1.8% | 0.23% | 3.9% | 2.4% | -1.7% | -4.3% | 3.1% | 3.5% | 4.7% | |
| EBITDA Margin | 20.4% | 17.7% | 10.2% | 3.1% | 2.4% | 5.7% | 4.5% | -2.0% | -4.9% | 2.8% | 3.1% | 4.5% | |
| ROA | 17.7% | 17.8% | 8.8% | 3.0% | 0.14% | 3.5% | 2.2% | -1.7% | -2.2% | 3.3% | 1.9% | 5.5% | |
| ROE | 30.6% | 32.6% | 16.3% | 4.6% | 0.21% | 5.5% | 3.3% | -2.4% | -2.9% | 4.6% | 2.7% | 8.1% | |
| ROIC | 26.3% | 28.3% | 14.3% | 3.4% | 0.20% | 5.1% | 3.1% | -2.8% | -3.4% | 4.1% | 2.5% | 5.1% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.1 | 1.8 | 1.6 | 2.0 | 2.5 | 2.2 | 2.1 | 2.3 | 2.9 | 2.6 | 2.4 | 2.3 | |
| Quick Ratio | 1.6 | 1.3 | 1.2 | 1.2 | 1.8 | 1.6 | 1.5 | 1.2 | 1.7 | 1.7 | 1.2 | 1.3 | |
| Debt / Equity | · | · | · | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | · | · | |
| LT Debt / Equity | · | · | · | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | · | · | |
| Interest Coverage | · | · | · | · | 5.0 | 83.6 | 49.8 | -44.1 | -115.1 | 105.8 | 142.4 | 164.8 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.1 | 1.2 | 1.1 | 1.1 | 1.0 | 1.1 | 1.2 | 1.1 | 0.9 | 1.2 | 1.3 | 1.2 | |
| Inventory Turnover | 9.1 | 9.9 | 9.7 | 11.2 | 13.5 | 14.6 | 17.0 | 19.3 | · | · | · | · | |
| Receivables Turnover | 5.1 | 4.8 | 4.5 | 5.8 | 6.3 | 5.7 | 5.1 | 6.1 | 5.1 | 5.6 | 6.3 | 5.9 |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 9.1% | 44.8% | 31.3% | 13.2% | -9.2% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 27.5% | 29.1% | 10.5% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 16.3% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 20.9% | 173.1% | 291.3% | 2200.0% | -96.5% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 134.7% | 526.4% | 46.9% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 59.9% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 20.6% | 174.8% | 296.9% | 2077.0% | -96.2% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 136.1% | 519.3% | 48.5% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 61.1% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 1.3% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.10B | $1.01B | $699M | $533M | $471M | $518M | $517M | $449M | $396M | $565M | $662M | $648M | |
| Net Income TTM | $181M | $150M | $55M | $14M | $631.0K | $17M | $10M | $-7M | $-9M | $16M | $9M | $29M | |
| Market Cap | $3.68B | $2.66B | $1.05B | $265M | $307M | $300M | $484M | $445M | $367M | $489M | $364M | $492M | |
| Enterprise Value | · | · | · | $149M | $173M | $122M | $361M | $397M | $274M | $393M | · | · | |
| P/E | 20.5 | 18.1 | 18.4 | 18.3 | 491.4 | 17.0 | 46.1 | -58.5 | -36.1 | 29.4 | 38.1 | 16.9 | |
| P/S | 3.3 | 2.6 | 1.5 | 0.5 | 0.7 | 0.6 | 0.9 | 1.0 | 0.9 | 0.9 | 0.6 | 0.8 | |
| P/B | 5.7 | 5.5 | 3.0 | 0.9 | 1.0 | 1.0 | 1.6 | 1.5 | 1.1 | 1.5 | 1.1 | 1.3 | |
| P / Tangible Book | 5.9 | 5.5 | 3.1 | 0.9 | 1.0 | 1.0 | · | · | · | · | · | · | |
| P / Cash Flow | 21.9 | 24.5 | 5.8 | -74.1 | -10.1 | 4.1 | 7.0 | -15.6 | 10.0 | 6.5 | 28.2 | 53.9 | |
| P / FCF | 23.8 | 27.5 | 6.0 | -44.0 | -9.2 | 4.5 | 7.5 | -13.5 | 11.1 | 6.8 | -16.7 | -66.7 | |
| EV / EBITDA | · | · | · | 9.0 | 15.3 | 4.1 | 15.4 | -43.5 | -14.2 | 25.0 | · | · | |
| EV / FCF | · | · | · | -24.7 | -5.2 | 1.8 | 5.6 | -12.0 | 8.2 | 5.5 | · | · | |
| EV / Revenue | · | · | · | 0.3 | 0.4 | 0.2 | 0.7 | 0.9 | 0.7 | 0.7 | · | · | |
| Dividend Yield | 0.35% | 0.48% | 1.2% | 4.6% | 4.0% | 4.0% | 2.5% | 2.7% | 3.2% | 2.4% | 3.4% | 2.4% | |
| Earnings Yield | 4.9% | 5.5% | 5.4% | 5.5% | 0.20% | 5.9% | 2.2% | -1.7% | -2.8% | 3.4% | 2.6% | 5.9% | |
| Payout Ratio | 7.1% | 8.4% | 22.8% | 89.0% | 1924.2% | 72.4% | 121.3% | -166.6% | -125.2% | 76.4% | 130.9% | 41.1% | |
| Annual Payout | $13M | $13M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M |
Income Statement 14
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $312M | $297M | $251M | $298M | $286M | $279M | $241M | $275M | $288M | $255M | $194M | $209M | $192M | $171M | $127M | $163M | |
| Cost of Revenue | $216M | $209M | $180M | $204M | $198M | $195M | $182M | $195M | $206M | $192M | $146M | $157M | $150M | $138M | $107M | $129M | |
| Gross Profit | $95M | $88M | $71M | $94M | $88M | $83M | $60M | $80M | $82M | $63M | $48M | $52M | $43M | $33M | $19M | $33M | |
| R&D Expense | $4M | $4M | $3M | $3M | $3M | $3M | $2M | $3M | $2M | $2M | $2M | $2M | $1M | $2M | $2M | $2M | |
| SG&A Expense | $27M | $26M | $25M | $27M | $25M | $22M | $21M | $22M | $22M | $21M | $20M | $20M | $20M | $22M | $17M | $21M | |
| Operating Income | $64M | $58M | $43M | $63M | $60M | $59M | $36M | $56M | $57M | $39M | $26M | $30M | $22M | $10M | $1M | $10M | |
| Pretax Income | $69M | $62M | $47M | $68M | $64M | $62M | $39M | $60M | $62M | $44M | $30M | $33M | $24M | $11M | $2M | $11M | |
| Income Tax | $17M | $16M | $6M | $16M | $16M | $16M | $5M | $14M | $16M | $10M | $6M | $6M | $5M | $2M | $451.0K | $2M | |
| Net Income | $52M | $46M | $41M | $51M | $48M | $46M | $35M | $46M | $46M | $33M | $24M | $26M | $18M | $8M | $1M | $9M | |
| EPS (Basic) | $1.43 | $1.26 | $3.42 | $4.26 | $1.33 | $1.28 | $2.89 | $3.84 | $3.85 | $2.79 | $2.02 | $2.23 | $1.55 | $0.71 | $0.10 | $0.73 | |
| EPS (Diluted) | $1.42 | $1.25 | $3.40 | $4.22 | $1.32 | $1.27 | $2.86 | $3.77 | $3.79 | $2.75 | $1.98 | $2.18 | $1.52 | $0.70 | $0.10 | $0.73 | |
| Shares (Basic) | 36,432,000 | 36,429,000 | 12,109,000 | -24,115,000 | 36,212,000 | 36,206,000 | 12,037,000 | -23,949,000 | 11,998,000 | 11,992,000 | 11,941,000 | -23,747,000 | 11,889,000 | 11,878,000 | 11,859,000 | -23,579,000 | |
| Shares (Diluted) | 36,604,000 | 36,584,000 | 12,163,000 | -24,334,000 | 36,525,000 | 36,523,000 | 12,152,000 | -24,382,000 | 12,205,000 | 12,191,000 | 12,174,000 | -24,246,000 | 12,140,000 | 12,149,000 | 12,077,000 | -23,524,000 | |
| EBITDA | $64M | $58M | $45M | · | $60M | $59M | $36M | · | $57M | $39M | $26M | · | $22M | $10M | $1M | · |
Balance Sheet 26
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $634M | $538M | $491M | $451M | $398M | $360M | $326M | $315M | $332M | $323M | $321M | · | $183M | $152M | $100M | · | |
| Short-term Investments | $0 | $7M | $10M | $25M | $35M | $30M | $48M | $43M | $42M | $42M | $34M | · | $26M | $11M | $11M | · | |
| Receivables | $362M | $238M | $190M | $217M | $212M | $203M | $193M | $214M | $173M | $184M | $169M | · | $205M | $170M | $151M | · | |
| Inventory | $95M | $86M | $85M | $85M | $89M | $89M | $88M | $86M | $85M | $82M | $70M | · | $66M | $59M | $55M | · | |
| Prepaid Expense | $13M | $13M | $15M | $11M | $7M | $5M | $8M | $7M | $5M | $3M | $5M | · | $5M | $3M | $5M | · | |
| Other Current Assets | $11M | $13M | $8M | $7M | $7M | $9M | $7M | $7M | $7M | $7M | $7M | · | $6M | $5M | $3M | · | |
| Current Assets | $1.23B | $1.01B | $920M | $932M | $880M | $811M | $762M | $776M | $736M | $717M | $675M | · | $547M | $463M | $389M | · | |
| PP&E (Net) | $119M | $112M | $112M | $111M | $109M | $105M | $102M | $103M | $96M | $97M | $98M | · | $97M | $98M | $99M | · | |
| PP&E (Gross) | $276M | $267M | $266M | $263M | $263M | $256M | $251M | $252M | $247M | $246M | $246M | · | · | · | · | · | |
| Accum. Depreciation | $157M | $156M | $154M | $152M | $153M | $150M | $149M | $149M | $150M | $149M | $148M | · | · | · | · | · | |
| Goodwill | $6M | $6M | $6M | $6M | · | · | · | $1M | · | · | · | $1M | $1M | · | · | · | |
| Intangibles | $5M | $6M | $6M | $6M | · | · | · | $500.0K | · | · | · | · | · | · | · | · | |
| Other Non-current Assets | $21M | $20M | $19M | $19M | $19M | $17M | $18M | $18M | $17M | $17M | $15M | · | $13M | $12M | $12M | · | |
| Total Assets | $1.41B | $1.18B | $1.09B | $1.11B | $1.04B | $965M | $913M | $928M | $869M | $850M | $808M | · | $671M | $587M | $514M | · | |
| Accounts Payable | $87M | $75M | $48M | $67M | $66M | $75M | $65M | $74M | $80M | $80M | $50M | · | $63M | $51M | $39M | · | |
| Current Liabilities | $625M | $447M | $402M | $446M | $427M | $405M | $397M | $428M | $418M | $442M | $428M | · | $335M | $270M | $204M | · | |
| Capital Leases | $2M | $1M | $662.0K | $782.0K | $614.0K | $761.0K | $735.0K | $621.0K | $427.0K | $516.0K | $573.0K | · | $741.0K | $731.0K | $713.0K | · | |
| Deferred Tax | $5M | $5M | $5M | $5M | $4M | $4M | $4M | $3M | · | · | · | · | · | · | · | · | |
| Other Non-current Liabilities | $2M | $3M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | · | $2M | $2M | $2M | · | |
| Total Liabilities | $651M | $471M | $425M | $468M | $447M | $424M | $416M | $445M | $432M | $456M | $442M | · | $347M | $281M | $215M | · | |
| Retained Earnings | $759M | $711M | $668M | $630M | $582M | $537M | $494M | $462M | $419M | $376M | $346M | · | $302M | $287M | $281M | · | |
| Treasury Stock | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | $25M | · | $25M | $25M | $25M | · | |
| AOCI | $-31M | $-28M | $-25M | $-27M | $-24M | $-31M | $-32M | $-24M | $-27M | $-26M | $-24M | · | $-24M | $-26M | $-27M | · | |
| Stockholders' Equity | $756M | $709M | $669M | $641M | $595M | $541M | $496M | $483M | $437M | $394M | $366M | $345M | $324M | $306M | $298M | $297M | |
| Liabilities + Equity | $1.41B | $1.18B | $1.09B | $1.11B | $1.04B | $965M | $913M | $928M | $869M | $850M | $808M | · | $671M | $587M | $514M | · | |
| Shares Outstanding | 36,432,564 | 36,431,499 | 12,140,483 | 12,070,178 | 12,068,548 | 12,068,223 | 12,064,723 | 11,989,238 | 11,987,838 | 11,987,838 | 11,959,918 | 12,668,000 | 12,667,000 | 12,667,000 | 12,641,000 | 12,588,000 |
Cash Flow 12
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $2M | $2M | $2M | $2M | $2M | $2M | $2M | · | · | · | · | · | · | · | · | · | |
| Stock-based Comp | $1M | $1M | $2M | $960.0K | $1M | $1M | $2M | $927.0K | $957.0K | $1M | $2M | $685.0K | $958.0K | $2M | $1M | $2M | |
| Deferred Tax | $4M | $4M | $4M | $-2M | $-2M | $-1M | $13.0K | $-7M | $-107.0K | $124.0K | $-165.0K | $-5M | $-768.0K | $-888.0K | $-895.0K | $687.0K | |
| Amort. of Intangibles | $221.0K | $223.0K | $222.0K | $112.0K | $0 | $0 | $0 | · | · | · | · | · | · | · | · | · | |
| Other Non-cash | · | · | $-5M | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Operating Cash Flow | $100M | $51M | $44M | $61M | $47M | $22M | $37M | $-6M | $14M | $17M | $84M | $77M | $50M | $56M | $-549.0K | $24M | |
| CapEx | $7M | $2M | $2M | $2M | $5M | $4M | $2M | $8M | $1M | $903.0K | $1M | $4M | $650.0K | $630.0K | $3M | $686.0K | |
| Investing Cash Flow | $521.0K | $1M | $13M | $-4M | $-9M | $14M | $-9M | $-9M | $-2M | $-10M | $-1M | $-11M | $-16M | $-629.0K | $975.0K | $6M | |
| Net Debt Issued | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | · | |
| Dividends Paid | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | |
| Financing Cash Flow | $-3M | $-4M | $-17M | $-3M | $-3M | $-3M | $-15M | $-3M | $-3M | $-5M | $-8M | $-3M | $-3M | $-3M | $-3M | $-3M | |
| Free Cash Flow | · | · | $42M | · | · | · | $35M | · | · | · | $83M | · | · | · | $-3M | · |
Profitability 8
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.6% | 29.6% | 28.4% | · | 30.7% | 29.9% | 24.6% | · | 28.4% | 24.6% | 24.8% | · | 22.2% | 19.5% | 15.3% | · | |
| Operating Margin | 20.5% | 19.4% | 17.0% | · | 21.0% | 21.1% | 14.7% | · | 19.9% | 15.5% | 13.3% | · | 11.2% | 5.9% | 0.86% | · | |
| Net Margin | 16.7% | 15.5% | 16.5% | · | 16.9% | 16.6% | 14.4% | · | 16.0% | 13.1% | 12.4% | · | 9.6% | 4.9% | 0.92% | · | |
| Pretax Margin | 22.2% | 20.8% | 18.7% | · | 22.4% | 22.4% | 16.3% | · | 21.4% | 17.2% | 15.4% | · | 12.3% | 6.4% | 1.3% | · | |
| EBITDA Margin | 20.5% | 19.4% | 17.9% | · | 21.0% | 21.1% | 14.7% | · | 19.9% | 15.5% | 13.3% | · | 11.2% | 5.9% | 0.86% | · | |
| ROA | 4.3% | 4.3% | 4.1% | · | 5.1% | 5.1% | 4.0% | · | 6.0% | 4.7% | 3.6% | · | 3.3% | 1.7% | 0.25% | · | |
| ROE | 7.7% | 7.3% | 7.1% | · | 9.3% | 9.9% | 8.1% | · | 12.2% | 9.6% | 7.2% | · | 5.9% | 2.8% | 0.39% | · | |
| ROIC | 6.4% | 6.0% | 5.6% | · | 7.6% | 8.1% | 6.3% | · | 9.8% | 7.6% | 5.7% | · | 5.2% | 2.5% | 0.26% | · |
Liquidity & Solvency 2
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.0 | 2.3 | 2.3 | · | 2.1 | 2.0 | 1.9 | · | 1.8 | 1.6 | 1.6 | · | 1.6 | 1.7 | 1.9 | · | |
| Quick Ratio | 1.6 | 1.8 | 1.7 | · | 1.5 | 1.5 | 1.4 | · | 1.3 | 1.2 | 1.2 | · | 1.2 | 1.2 | 1.3 | · |
Efficiency 3
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.4 | 0.4 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | |
| Inventory Turnover | 2.4 | 2.4 | 2.1 | · | 2.3 | 2.3 | 2.3 | · | 2.7 | 2.7 | 2.3 | · | 2.6 | 2.7 | 2.4 | · | |
| Receivables Turnover | 1.1 | 1.3 | 1.3 | · | 1.5 | 1.4 | 1.3 | · | 1.5 | 1.4 | 1.2 | · | 1.3 | 1.3 | 1.1 | · |
Valuation (TTM) 11
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.15B | $1.11B | $1.06B | · | $1.09B | $1.06B | $979M | · | $930M | $813M | $685M | · | $626M | $562M | $497M | · | |
| Net Income TTM | $191M | $187M | $187M | · | $175M | $173M | $161M | · | $130M | $102M | $77M | · | $37M | $27M | $18M | · | |
| Market Cap | $10.43B | $6.57B | $3.87B | · | $2.54B | $2.06B | $2.67B | · | $1.72B | $1.71B | $1.06B | · | $767M | $539M | $445M | · | |
| P/E | 27.8 | 14.1 | 20.7 | · | 14.6 | 12.0 | 16.8 | · | 13.4 | 16.9 | 13.9 | · | 19.9 | 18.6 | 23.6 | · | |
| P/S | 9.1 | 5.9 | 3.7 | · | 2.3 | 1.9 | 2.7 | · | 1.8 | 2.1 | 1.5 | · | 1.2 | 1.0 | 0.9 | · | |
| P/B | 13.8 | 9.3 | 5.8 | · | 4.3 | 3.8 | 5.4 | · | 3.9 | 4.3 | 2.9 | · | 2.4 | 1.8 | 1.5 | · | |
| P / Tangible Book | 14.0 | 9.4 | 5.9 | · | 4.3 | 3.8 | 5.4 | · | 3.9 | 4.3 | 2.9 | · | 2.4 | 1.8 | 1.5 | · | |
| P / Cash Flow | · | · | 88.7 | · | · | · | 72.1 | · | · | · | 12.6 | · | · | · | -810.0 | · | |
| P / FCF | · | · | 93.0 | · | · | · | 76.7 | · | · | · | 12.8 | · | · | · | -135.8 | · | |
| Earnings Yield | 3.6% | 7.1% | 4.8% | · | 6.8% | 8.3% | 5.9% | · | 7.4% | 5.9% | 7.2% | · | 5.0% | 5.4% | 4.2% | · | |
| Payout Ratio | · | · | 7.8% | · | · | · | 9.2% | · | · | · | 13.0% | · | · | · | 264.5% | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | |
|---|---|---|---|---|---|
| Revenue | $1.10B | $1.01B | $699M | $533M | $471M |
| Gross Margin % | 29.4% | 27.0% | 21.1% | 16.0% | 16.0% |
| Operating Margin % | 19.7% | 17.7% | 8.9% | 1.4% | 0.22% |
| Net Income | $181M | $150M | $55M | $14M | $631.0K |
| Diluted EPS | $14.86 | $12.29 | $4.50 | $1.15 | $0.05 |
Balance Sheet
| 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | |
|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 0.0 | 0.0 |
| Current Ratio | 2.1 | 1.8 | 1.6 | 2.0 | 2.5 |
| Quick Ratio | 1.6 | 1.3 | 1.2 | 1.2 | 1.8 |
Cash Flow
| 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | |
|---|---|---|---|---|---|
| Free Cash Flow | $155M | $97M | $175M | $-6M | $-33M |
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Institutional owners (13F) 628 filers · $5.9B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 156 (+49 vs prior Q) | 39 (0 vs prior Q) | 395 (+237 vs prior Q) | 33 (-143 vs prior Q) | +14.1M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC | $446,062,972 | 1,557,700 | 7.57% | Shares |
| FIRST TRUST ADVISORS LP | $408,630,279 | 1,426,981 | 6.94% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $367,137,002 | 1,282,082 | 6.23% | Shares |
| Carnick & Kubik Group, LLC | $277,281,740 | 1,627,909 | 4.71% | Shares |
| STATE STREET CORP | $273,757,010 | 955,989 | 4.65% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $264,312,863 | 923,009 | 4.49% | Shares |
| Fisher Asset Management, LLC | $209,506,420 | 731,619 | 3.56% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $170,503,338 | 595,284 | 2.89% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $126,415,340 | 441,456 | 2.15% | Shares |
| Jain Global LLC | $109,160,432 | 381,200 | 1.85% | Put option |
| JANUS HENDERSON GROUP PLC | $107,642,222 | 199,090 | 1.83% | Shares |
| JANE STREET GROUP, LLC | $106,869,552 | 373,200 | 1.81% | Call option |
| CITADEL ADVISORS LLC | $90,174,764 | 314,900 | 1.53% | Call option |
| JANE STREET GROUP, LLC | $85,021,143 | 296,903 | 1.44% | Shares |
| Capital World Investors | $84,540,631 | 295,225 | 1.43% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $83,523,480 | 291,673 | 1.42% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $75,572,695 | 263,908 | 1.28% | Shares |
| TCW GROUP INC | $72,343,986 | 252,633 | 1.23% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $70,733,906 | 247,010 | 1.20% | Shares |
| JANE STREET GROUP, LLC | $69,470,936 | 242,600 | 1.18% | Put option |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $63,959,079 | 223,352 | 1.09% | Shares |
| Walleye Trading LLC | $59,333,792 | 207,200 | 1.01% | Call option |
| GOLDMAN SACHS GROUP INC | $58,450,658 | 204,116 | 0.99% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $56,906,605 | 198,724 | 0.97% | Shares |
| MILLENNIUM MANAGEMENT LLC | $56,815,256 | 198,405 | 0.96% | Shares |
| Baird Financial Group, Inc. | $56,313,467 | 196,652 | 0.96% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $52,828,266 | 184,482 | 0.90% | Shares |
| OBERWEIS ASSET MANAGEMENT INC/ | $51,407,634 | 179,521 | 0.87% | Shares |
| PEAK6 LLC | $48,967,560 | 171,000 | 0.83% | Call option |
| Encompass Capital Advisors LLC | $45,502,318 | 158,899 | 0.77% | Shares |
| Jain Global LLC | $42,352,644 | 147,900 | 0.72% | Call option |
| Portolan Capital Management, LLC | $41,702,893 | 145,631 | 0.71% | Shares |
| AMERIPRISE FINANCIAL INC | $38,562,575 | 134,662 | 0.65% | Shares |
| Stephens Investment Management Group LLC | $37,526,333 | 131,046 | 0.64% | Shares |
| Vision One Management Partners, LP | $37,242,263 | 130,054 | 0.63% | Shares |
| ENGINE NO. 1 LLC | $36,272,390 | 119,000 | 0.62% | Shares |
| D. E. Shaw & Co., Inc. | $34,993,192 | 122,200 | 0.59% | Call option |
| Munro Partners | $34,220,593 | 119,502 | 0.58% | Shares |
| CITADEL ADVISORS LLC | $34,019,568 | 118,800 | 0.58% | Put option |
| RPG Investment Advisory, LLC | $33,172,801 | 115,843 | 0.56% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $32,645,613 | 114,002 | 0.55% | Shares |
| Public Sector Pension Investment Board | $31,733,556 | 110,817 | 0.54% | Shares |
| Squarepoint Ops LLC | $31,547,136 | 110,166 | 0.54% | Shares |
| LPL Financial LLC | $30,294,546 | 105,792 | 0.51% | Shares |
| Allspring Global Investments Holdings, LLC | $30,105,577 | 113,666 | 0.51% | Shares |
| Hodges Capital Management Inc. | $27,618,563 | 96,447 | 0.47% | Shares |
| WINTON GROUP Ltd | $26,443,628 | 92,344 | 0.45% | Shares |
| TEMA ETFS LLC | $24,335,028 | 76,338 | 0.41% | Shares |
| Driehaus Capital Management LLC | $23,677,963 | 82,686 | 0.40% | Shares |
| ROYCE & ASSOCIATES LP | $22,549,991 | 78,747 | 0.38% | Shares |
| TUDOR INVESTMENT CORP ET AL | $22,168,273 | 77,414 | 0.38% | Shares |
| Venture Visionary Partners LLC | $22,120,467 | 77,247 | 0.38% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $21,528,259 | 75,179 | 0.37% | Shares |
| JENNISON ASSOCIATES LLC | $21,358,735 | 74,587 | 0.36% | Shares |
| Aperture Investors, LLC | $21,275,116 | 74,295 | 0.36% | Shares |
| LOOMIS SAYLES & CO L P | $21,129,645 | 73,787 | 0.36% | Shares |
| RAYMOND JAMES FINANCIAL INC | $20,146,952 | 70,355 | 0.34% | Shares |
| Stratos Wealth Partners, LTD. | $19,469,741 | 67,990 | 0.33% | Shares |
| COMMONWEALTH EQUITY SERVICES, LLC | $18,274,350 | 63,816 | 0.31% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $18,042,398 | 63,006 | 0.31% | Shares |
| Swiss National Bank | $16,740,606 | 58,460 | 0.28% | Shares |
| Nicholas Investment Partners, LP | $16,736,024 | 58,444 | 0.28% | Shares |
| RHUMBLINE ADVISERS | $16,596,511 | 57,957 | 0.28% | Shares |
| Carnegie Investment Counsel | $14,848,478 | 51,852 | 0.25% | Shares |
| ALLIANCEBERNSTEIN L.P. | $14,650,282 | 27,076 | 0.25% | Shares |
| ASSETMARK, INC | $14,422,590 | 50,365 | 0.24% | Shares |
| Private Advisory Group LLC | $13,801,979 | 48,198 | 0.23% | Shares |
| DANSKE BANK A/S | $13,558,860 | 47,349 | 0.23% | Shares |
| Legal & General Group Plc | $13,252,741 | 46,280 | 0.22% | Shares |
| AMERICAN CENTURY COMPANIES INC | $12,428,883 | 43,403 | 0.21% | Shares |
| CONGRESS ASSET MANAGEMENT CO | $12,157,741 | 42,456 | 0.21% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $11,324,965 | 39,548 | 0.19% | Shares |
| GKV Capital Management Co., Inc. | $11,164,890 | 38,989 | 0.19% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $10,917,759 | 38,126 | 0.19% | Shares |
| BlackRock, Inc. | $10,717,023 | 37,425 | 0.18% | Shares |
| UBS Group AG | $10,650,874 | 37,194 | 0.18% | Shares |
| Quantum Private Wealth, LLC | $10,647,509 | 37,182 | 0.18% | Shares |
| D. E. Shaw & Co., Inc. | $10,165,780 | 35,500 | 0.17% | Put option |
| MARSHALL WACE, LLP | $10,020,309 | 34,992 | 0.17% | Shares |
| ALGERT GLOBAL LLC | $9,961,892 | 34,788 | 0.17% | Shares |
| CI INVESTMENTS INC. | $9,729,940 | 33,978 | 0.17% | Shares |
| INTECH INVESTMENT MANAGEMENT LLC | $9,525,765 | 33,265 | 0.16% | Shares |
| GREAT VALLEY ADVISOR GROUP, INC. | $9,450,438 | 33,000 | 0.16% | Shares |
| Pier Capital, LLC | $9,180,415 | 32,059 | 0.16% | Shares |
| NEUBERGER BERMAN GROUP LLC | $9,054,703 | 31,620 | 0.15% | Shares |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC | $8,877,733 | 31,002 | 0.15% | Shares |
| Rockline Wealth Management, LLC | $8,859,650 | 30,939 | 0.15% | Shares |
| POLEN CAPITAL MANAGEMENT LLC | $8,356,271 | 29,181 | 0.14% | Shares |
| CHATHAM CAPITAL GROUP, INC. | $8,355,486 | 29,178 | 0.14% | Shares |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | $8,209,368 | 28,668 | 0.14% | Shares |
| PRUDENTIAL FINANCIAL INC | $7,966,249 | 27,819 | 0.14% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $7,915,277 | 27,641 | 0.13% | Shares |
| CIBC WORLD MARKET INC. | $7,755,202 | 27,082 | 0.13% | Shares |
| NewEdge Advisors, LLC | $7,714,796 | 26,941 | 0.13% | Shares |
| Vest Financial, LLC | $7,543,009 | 26,341 | 0.13% | Shares |
| Abacus FCF Advisors LLC | $7,455,955 | 26,037 | 0.13% | Shares |
| Informed Momentum Co LLC | $7,282,135 | 25,430 | 0.12% | Shares |
| KENNEDY CAPITAL MANAGEMENT LLC | $7,280,130 | 25,423 | 0.12% | Shares |
| Liberty Capital Management, Inc. | $7,197,945 | 25,136 | 0.12% | Shares |
| FORA Capital, LLC | $6,930,661 | 24,206 | 0.12% | Shares |
Company insiders 39 insiders · 18 officers · 20 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Michael Allan Lucas | President & CEO | Oct. 1, 2015 A | 78,734 | 0 | 0 | $0 |
| Patrick L Mcdonald | President & CEO | Dec. 6, 2010 A | 29,528 | 0 | 0 | $0 |
| Don R Madison | Executive Vice President, CFO | Dec. 19, 2018 A | 85,821 | 0 | 0 | $0 |
| Neil Dial | COO | Oct. 1, 2014 F | 3,600 | 0 | 0 | $0 |
| Michael William Metcalf | Exec Vice President | June 30, 2026 S | 78,900 | 0 | 37 | $-3,820,817 |
| Peter G Hoglund | Vice Pres, Global Service | June 26, 2026 F | 5,394 | 0 | 0 | $0 |
| William Marshall Mauney Jr | Vice President, R&D | May 11, 2026 S | 10,853 | 0 | 8 | $-1,804,406 |
| Ping Ni | Corp Controller | Feb. 11, 2026 S | 2,023 | 0 | 1 | $-41,300 |
| David L Eckenrode | Assistant Secretary/Treasurer | Feb. 10, 2026 S | 443 | 0 | 1 | $-168,150 |
| John Birchall | Managing Director | Feb. 9, 2026 S | 6,567 | 0 | 2 | $-2,178,090 |
| Terry B Mckertcher | Vice President, Operations | Feb. 6, 2026 S | 4,433 | 0 | 6 | $-2,387,654 |
| Davide Tuninetti | CHIEF HUMAN RESOURCE OFFICER | Feb. 3, 2026 F | 1,070 | 0 | 0 | $0 |
| Frederick N Mudge | Vice President, Operations | Jan. 2, 2026 F | 29,921 | 0 | 1 | $-1,776,000 |
| Robert B Callahan | Chief Human Resource Officer | Dec. 20, 2024 F | 17,100 | 0 | 0 | $0 |
| Milburn E Honeycutt | Vice Pres, Corp Controller | Jan. 5, 2024 F | 27,783 | 0 | 0 | $0 |
| Mark W Reid | Exec Vice President | Dec. 12, 2006 A | 0 | 0 | 0 | $0 |
| Robert B Gregory | Corporate Controller | March 18, 2005 M | 0 | 0 | 0 | $0 |
| M M Gus Zeller | Vice President | Sept. 10, 2004 M | 0 | 0 | 0 | $0 |
| Mohit Singh | Director | May 28, 2026 S | 2,730 | 0 | 1 | $-395,834 |
| Katheryn Baucom Curtis | Director | Feb. 18, 2026 A | 5,960 | 0 | 0 | $0 |
| Alaina K Brooks | Director | Feb. 18, 2026 A | 3,760 | 0 | 0 | $0 |
| John Stacey | Director | Feb. 18, 2026 A | 6,160 | 0 | 0 | $0 |
| James W Mcgill | Director | Feb. 18, 2026 A | 10,360 | 0 | 0 | $0 |
| Christopher E Cragg | Director | Aug. 26, 2025 G | 12,410 | 0 | 0 | $0 |
| Mark W. Smith | Director | Aug. 1, 2025 A | 230 | 0 | 0 | $0 |
| John David White | Director | May 24, 2023 S | 19,700 | 0 | 0 | $0 |
| Perry L Elders | Director | Feb. 16, 2022 A | 11,200 | 0 | 0 | $0 |
| Bonnie V Hancock | Director | Feb. 20, 2019 A | 1,000 | 0 | 0 | $0 |
| William N. Clelland | Director | Feb. 22, 2017 A | 32,000 | 0 | 0 | $0 |
| Scott E Rozzell | Director | Feb. 22, 2017 A | 13,500 | 0 | 0 | $0 |
| Stephen W Seale JR | Director | Feb. 22, 2017 A | 9,117 | 0 | 0 | $0 |
| Eugene L Butler | Director | Feb. 22, 2017 A | 24,000 | 0 | 0 | $0 |
| Joseph L Becherer | Director | Sept. 16, 2015 P | 23,191 | 0 | 0 | $0 |
| Robert C Tranchon | Director | Feb. 25, 2015 A | 12,600 | 0 | 0 | $0 |
| James F Clark | Director | Jan. 3, 2013 S | 16,500 | 0 | 0 | $0 |
| Ronald J Wolny | Director | June 15, 2010 A | 26,150 | 0 | 0 | $0 |
| Thomas W Powell | 10% owner | June 25, 2026 S | 564,736 | 0 | 13 | $-50,956,063 |
| Richard E Williams | — | Aug. 14, 2026 S | 37,380 | 0 | 4 | $-2,027,603 |
| Brett Alan Cope | — | Aug. 13, 2026 S | 512,733 | 0 | 7 | $-6,337,235 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Thomas W. Powell ×2 filings | Oct. 10, 2024 | — | Initial filing | — | SEC |
| Undisclosed reporting person | July 2, 2003 | — | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 98 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 |
|---|---|---|---|---|
| VOLT · Tema ETF Trust | 8.05% | 204,843 NS | May 31, 2026 | N-PORT |
| RSHO · Tema ETF Trust | 7.81% | 75,229 NS | May 31, 2026 | N-PORT |
| POW · Tidal Trust III | 6.24% | 14,833 NS | May 31, 2026 | N-PORT |
| CAFG · Pacer Funds Trust | 5.00% | 4,092 NS | April 30, 2026 | N-PORT |
| PWRD · TCW ETF Trust | 4.37% | 232,169 NS | April 30, 2026 | N-PORT |
| PRN · Invesco Exchange-Traded Fund Trust | 2.23% | 46,314 SH | Aug. 8, 2026 | Daily |
| ALIL · EA Series Trust | 1.87% | 1,683 NS | May 29, 2026 | N-PORT |
| PSCI · Invesco Exchange-Traded Fund Trust … | 1.79% | 16,610 SH | Aug. 8, 2026 | Daily |
| XSMO · Invesco Exchange-Traded Fund Trust | 1.75% | 256,792 SH | Aug. 8, 2026 | Daily |
| JSML · Janus Detroit Street Trust | 1.73% | 19,656 NS | April 30, 2026 | N-PORT |
| JSMD · Janus Detroit Street Trust | 1.72% | 60,663 NS | April 30, 2026 | N-PORT |
| XSHQ · Invesco Exchange-Traded Fund Trust … | 1.60% | 24,383 SH | Aug. 8, 2026 | Daily |
| SDVD · First Trust Exchange-Traded Fund IV | 1.52% | 45,695 NS | April 30, 2026 | N-PORT |
| RZG · Invesco Exchange-Traded Fund Trust | 1.49% | 9,775 SH | Aug. 8, 2026 | Daily |
| ABFL · Abacus FCF ETF Trust | 1.45% | 25,935 NS | April 30, 2026 | N-PORT |
| HAPS · Harbor ETF Trust | 1.27% | 7,208 NS | April 30, 2026 | N-PORT |
| FSCC · Federated Hermes ETF Trust | 1.12% | 10,890 NS | May 31, 2026 | N-PORT |
| PBW · Invesco Exchange-Traded Fund Trust | 1.10% | 23,813 SH | Aug. 8, 2026 | Daily |
| HECO · SSGA Active Trust | 1.06% | 3,117 NS | April 30, 2026 | N-PORT |
| DECO · SSGA Active Trust | 1.05% | 598 NS | April 30, 2026 | N-PORT |
| FNY · First Trust Exchange-Traded AlphaDE… | 1.02% | 19,008 NS | April 30, 2026 | N-PORT |
| SMIZ · Zacks Trust | 0.94% | 8,493 NS | May 31, 2026 | N-PORT |
| VIOG · VANGUARD ADMIRAL FUNDS | 0.89% | 33,826 SH | Aug. 8, 2026 | Daily |
| MMSC · First Trust Exchange-Traded Fund VI… | 0.89% | 1,635 NS | May 31, 2026 | N-PORT |
| POWR · iShares, Inc. | 0.76% | 16,719 SH | Aug. 8, 2026 | Daily |
| OASC · Unified Series Trust | 0.76% | 2,247 NS | May 31, 2026 | N-PORT |
| AFSM · First Trust Exchange-Traded Fund VI… | 0.66% | 2,287 NS | May 31, 2026 | N-PORT |
| IJT · iShares Trust | 0.66% | 263,903 SH | Aug. 8, 2026 | Daily |
| ESSC · Strategy Shares | 0.58% | 534 NS | April 30, 2026 | N-PORT |
| VUSE · ETF Series Solutions | 0.56% | 13,650 NS | May 31, 2026 | N-PORT |
| PAVE · Global X Funds | 0.56% | 268,116 NS | May 31, 2026 | N-PORT |
| VIOO · VANGUARD ADMIRAL FUNDS | 0.44% | 99,338 SH | Aug. 8, 2026 | Daily |
| FNX · First Trust Exchange-Traded AlphaDE… | 0.42% | 20,178 NS | April 30, 2026 | N-PORT |
| SMDX · Tidal Trust III | 0.41% | 1,866 NS | April 30, 2026 | N-PORT |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.41% | 10,731 NS | April 30, 2026 | N-PORT |
| QVMS · Invesco Exchange-Traded Fund Trust … | 0.41% | 4,924 SH | Aug. 8, 2026 | Daily |
| BFOR · ALPS ETF Trust | 0.39% | 2,937 NS | May 31, 2026 | N-PORT |
| XJR · iShares Trust | 0.37% | 3,358 SH | Aug. 8, 2026 | Daily |
| SAA · ProShares Trust | 0.36% | 339 NS | May 31, 2026 | N-PORT |
| BKSE · BNY Mellon ETF Trust | 0.36% | 1,035 NS | April 30, 2026 | N-PORT |
| IJR · iShares Trust | 0.32% | 1,732,967 SH | Aug. 8, 2026 | Daily |
| DWAS · Invesco Exchange-Traded Fund Trust … | 0.32% | 6,801 SH | Aug. 8, 2026 | Daily |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.30% | 5,227 NS | April 30, 2026 | N-PORT |
| RSSL · Global X Funds | 0.24% | 12,450 NS | April 30, 2026 | N-PORT |
| SMLF · iShares Trust | 0.24% | 49,395 SH | Aug. 8, 2026 | Daily |
| VBK · VANGUARD INDEX FUNDS | 0.23% | 386,006 SH | Aug. 8, 2026 | Daily |
| EBIT · Harbor ETF Trust | 0.21% | 87 NS | April 30, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.21% | 106,518 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.20% | 1,348 NS | May 31, 2026 | N-PORT |
| ISCG · iShares Trust | 0.19% | 9,351 SH | Aug. 8, 2026 | Daily |