VMI Valmont Industries, Inc. Common Stock
About Valmont Industries, Inc. Common Stock Company overview from Wikipedia
Valmont Industries, Inc. is a large, publicly held American manufacturer of Valley center pivot and linear irrigation equipment, windmill support structures, lighting and traffic poles and steel utility poles.
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Valmont Industries, Inc. is a large, publicly held American manufacturer of Valley center pivot and linear irrigation equipment, windmill support structures, lighting and traffic poles and steel utility poles.
Their corporate office is in Omaha, Nebraska. Their plant and irrigation department is in Valley, Nebraska. Valmont has many worldwide locations including Europe, China and India.
The company was founded by Robert B. Daugherty.
In 1966, the Valley Manufacturing Company became Valmont Industries, named after the two neighboring towns of Valley and Fremont.
Mogens Bay was appointed Head Chairman and C.E.O. following the retirement of founder Robert B. Daugherty in 2004.
Valmont acquired Shakespeare Composite Structures from Philips in 2014.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
VMI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
VMI 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 26, 2026 | $0.7700 |
| March 27, 2026 | $0.7700 |
| Dec. 26, 2025 | $0.6800 |
| Sept. 26, 2025 | $0.6800 |
| June 27, 2025 | $0.6800 |
| March 28, 2025 | $0.6800 |
| Dec. 27, 2024 | $0.6000 |
| Sept. 27, 2024 | $0.6000 |
| June 28, 2024 | $0.6000 |
| March 27, 2024 | $0.6000 |
| Dec. 28, 2023 | $0.6000 |
| Sept. 28, 2023 | $0.6000 |
| June 29, 2023 | $0.6000 |
| March 30, 2023 | $0.6000 |
| Dec. 29, 2022 | $0.5500 |
| Sept. 22, 2022 | $0.5500 |
| June 23, 2022 | $0.5500 |
| March 24, 2022 | $0.5500 |
| Dec. 22, 2021 | $0.5000 |
| Sept. 23, 2021 | $0.5000 |
VMI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 5 45.5%
- Buy 4 36.4%
- Hold 2 18.2%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
4 analysts · 2026-08-17Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $6.14 | $5.86 | 0.28% |
| March 31, 2026 | $5.51 | $4.78 | 0.73% |
| Dec. 31, 2025 | $8.84 | $5.01 | 3.8% |
| Sept. 30, 2025 | $4.98 | $4.67 | 0.31% |
| June 30, 2025 | $4.88 | $4.76 | 0.12% |
| March 31, 2025 | $4.32 | $4.40 | -0.08% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| VMI | — | 24.6 | 0.71% | 8.5% | 22.2% | 30.2% |
| MTZ | — | 42.9 | 16.2% | 2.8% | 12.9% | — |
| APG | $15.91B | -55.4 | 12.7% | 3.8% | 9.2% | 31.4% |
| STRL | $9.40B | 32.6 | 17.7% | 11.7% | 30.3% | 23.0% |
| IESC | $7.90B | 26.5 | 16.9% | 9.1% | 38.5% | 25.5% |
| DY | $10.92B | 38.1 | 17.9% | 5.1% | 17.4% | — |
| AGX | $4.84B | 35.6 | 8.1% | 14.6% | 32.2% | 20.5% |
| ACM | $17.19B | 31.0 | 0.21% | 3.5% | 24.0% | 7.5% |
| LGN | — | — | 21.5% | -2.3% | -30.5% | 21.0% |
| ECG | $4.36B | 21.7 | 31.5% | 5.4% | 35.3% | 12.1% |
| FLR | — | -127.8 | -5.0% | — | — | — |
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 | $4.10B | $4.08B | $4.17B | $4.35B | $3.50B | $2.90B | $2.77B | $2.76B | $2.75B | $2.52B | $2.62B | $3.12B | |
| Cost of Revenue | $2.86B | $2.83B | $2.94B | $3.22B | $2.62B | $2.13B | $2.08B | $2.09B | $2.06B | $1.87B | $2.00B | $2.32B | |
| Gross Profit | $1.24B | $1.24B | $1.24B | $1.13B | $884M | $766M | $683M | $668M | $682M | $656M | $621M | $808M | |
| R&D Expense | $33M | $59M | $55M | $46M | $37M | $21M | $14M | $12M | $12M | $8M | $12M | $14M | |
| SG&A Expense | $718M | $717M | $768M | $693M | $591M | $523M | $455M | $440M | $415M | $411M | $447M | $450M | |
| Operating Income | $416M | $525M | $292M | $433M | $287M | $226M | $228M | $212M | $267M | $245M | $132M | $358M | |
| Interest Expense | · | · | $57M | $48M | $43M | $41M | $40M | $44M | $45M | $44M | $45M | $37M | |
| Interest Income | $8M | $7M | $6M | $2M | $1M | $2M | $4M | $5M | $5M | $3M | $3M | $6M | |
| Other Non-op | $-9M | $-4M | $-11M | $13M | $13M | $3M | $2M | $2M | $-3M | $16M | $3M | $-4M | |
| Pretax Income | $378M | $469M | $236M | $364M | $260M | $193M | $200M | $153M | $228M | $220M | $93M | $284M | |
| Income Tax | $24M | $118M | $90M | $109M | $61M | $50M | $48M | $46M | $106M | $42M | $47M | $95M | |
| Net Income | $350M | $348M | $151M | $251M | $196M | $142M | $152M | $108M | $122M | $178M | $45M | $189M | |
| EPS (Basic) | $16.91 | $17.31 | $6.85 | $11.77 | $9.23 | $6.60 | $6.76 | $4.56 | $5.16 | $7.68 | $1.72 | $7.15 | |
| EPS (Diluted) | $16.79 | $17.19 | $6.78 | $11.62 | $9.10 | $6.57 | $6.73 | $4.53 | $5.11 | $7.63 | $1.71 | $7.09 | |
| Shares (Basic) | 19,795,000 | 20,122,000 | 20,956,000 | 21,311,000 | 21,193,000 | 21,315,000 | 21,659,000 | 22,306,000 | 22,520,000 | 22,562,000 | 23,288,000 | 25,719,000 | |
| Shares (Diluted) | 19,937,000 | 20,261,000 | 21,159,000 | 21,580,000 | 21,493,000 | 21,425,000 | 21,769,000 | 22,446,000 | 22,738,000 | 22,709,000 | 23,405,000 | 25,932,000 | |
| EBITDA | $504M | $620M | $390M | $530M | $379M | $309M | $320M | $285M | $351M | $326M | $223M | · |
Balance Sheet 28
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $187M | $164M | $203M | $185M | $177M | $401M | $354M | $313M | $493M | $400M | $349M | $372M | |
| Receivables | $590M | $654M | $658M | $604M | $572M | $512M | $480M | $484M | $504M | $439M | $466M | $537M | |
| Inventory | $566M | $590M | $658M | $729M | $729M | $449M | $418M | $384M | $421M | $350M | $341M | $360M | |
| Prepaid Expense | $71M | $82M | $92M | $88M | $84M | $60M | $32M | $43M | $27M | $57M | $46M | $57M | |
| Current Assets | $1.72B | $1.68B | $1.79B | $1.78B | $1.71B | $1.55B | $1.43B | $1.34B | $1.47B | $1.25B | $1.23B | $1.39B | |
| PP&E (Net) | $674M | $589M | $617M | $596M | $599M | $598M | $558M | $514M | $519M | $518M | $532M | $606M | |
| PP&E (Gross) | $1.64B | $1.50B | $1.51B | $1.43B | $1.42B | $1.34B | $1.25B | $1.16B | $1.17B | $1.11B | $1.08B | $1.14B | |
| Accum. Depreciation | $967M | $913M | $896M | $838M | $823M | $744M | $687M | $647M | $647M | $587M | $549M | $533M | |
| Goodwill | $571M | $624M | $633M | $740M | $709M | $430M | $429M | $385M | $338M | $321M | $372M | $385M | |
| Intangibles | $121M | $134M | $151M | $177M | $175M | $167M | $176M | $176M | $139M | $144M | $170M | $202M | |
| Other Non-current Assets | $17M | $41M | $273M | $240M | $252M | $203M | $212M | $114M | $134M | $155M | $126M | $143M | |
| Total Assets | $3.37B | $3.33B | $3.48B | $3.56B | $3.45B | $2.95B | $2.81B | $2.58B | $2.60B | $2.39B | $2.39B | $2.72B | |
| Accounts Payable | $360M | $372M | $358M | $360M | $348M | $268M | $198M | $218M | $228M | $177M | $180M | $197M | |
| Accrued Liabilities | $157M | $132M | $147M | $124M | $109M | $90M | $84M | $92M | $81M | $90M | $106M | $88M | |
| Current Liabilities | $732M | $811M | $723M | $804M | $766M | $673M | $514M | $409M | $403M | $350M | $367M | $397M | |
| Capital Leases | $130M | $135M | $163M | $155M | $148M | $80M | $86M | $0 | · | · | · | · | |
| Deferred Tax | $5M | $6M | $21M | $41M | $48M | $42M | $59M | $43M | $35M | $36M | $36M | $72M | |
| Other Non-current Liabilities | $35M | $27M | $13M | $13M | $90M | $59M | $9M | $10M | $21M | $15M | $40M | $46M | |
| Total Liabilities | $1.73B | $1.74B | $2.06B | $1.92B | · | · | · | · | · | · | · | · | |
| Long-term Debt | $796M | $731M | $1.11B | $872M | $952M | $731M | $766M | $743M | $755M | $756M | $758M | $768M | |
| Total Debt | $796M | $731M | $1.11B | $872M | $952M | $731M | $766M | $743M | $755M | $756M | $765M | · | |
| Common Stock | $28M | $28M | $28M | $28M | $28M | $28M | $28M | $28M | $28M | $28M | $28M | $28M | |
| Paid-in Capital | · | · | $0 | · | $1M | $335.0K | $0 | $0 | $0 | $0 | $0 | $0 | |
| Retained Earnings | $3.16B | $2.94B | $2.64B | $2.59B | $2.39B | $2.25B | $2.17B | $2.03B | $1.95B | $1.87B | $1.73B | $1.72B | |
| Treasury Stock | $1.26B | $1.09B | $1.04B | $765M | $774M | $781M | $744M | $693M | $590M | $613M | $572M | $410M | |
| AOCI | $-291M | $-333M | $-273M | $-275M | $-263M | $-310M | $-313M | $-303M | $-279M | $-346M | $-267M | $-134M | |
| Stockholders' Equity | $1.63B | $1.54B | $1.35B | $1.58B | $1.39B | $1.18B | $1.14B | $1.06B | $1.11B | $943M | $918M | $1.20B | |
| Liabilities + Equity | $3.37B | $3.33B | $3.48B | $3.56B | $3.45B | $2.95B | $2.81B | $2.53B | $2.60B | $2.39B | $2.39B | $2.73B |
Cash Flow 19
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $89M | $95M | $99M | $97M | $93M | $83M | $82M | $83M | $85M | $82M | $91M | $89M | |
| Stock-based Comp | $24M | $30M | $39M | $42M | $29M | $15M | $12M | $10M | $11M | $10M | $7M | $7M | |
| Deferred Tax | $-19M | $-25M | $-19M | $-1M | $71.0K | $-1M | $1M | $814.0K | $40M | $-24M | $5M | $5M | |
| Amort. of Intangibles | $11M | $14M | $19M | $22M | $21M | $18M | $18M | $15M | $16M | $16M | $18M | $18M | |
| Restructuring | $15M | · | $35M | $23M | $23M | $23M | $34M | $34M | $14M | $14M | $14M | · | |
| Other Non-cash | $13M | $124M | $37M | $-66M | $-253M | $78M | $50M | $-39M | $-112M | $-28M | $124M | · | |
| Operating Cash Flow | $456M | $573M | $307M | $326M | $66M | $316M | $308M | $153M | $133M | $233M | $272M | $174M | |
| CapEx | $145M | $79M | $97M | $93M | $108M | $107M | $97M | $72M | $55M | $58M | $45M | $73M | |
| Investing Cash Flow | $-143M | $-79M | $-115M | $-132M | $-417M | $-104M | $-168M | $-155M | $-50M | $-53M | $-48M | $-257M | |
| Debt Issued | $216M | $30M | $370M | $254M | $312M | $89M | $31M | $252M | $0 | $0 | $68M | $652M | |
| Net Debt Issued | $64M | $-378M | $235M | $-82M | $221M | $-33M | $20M | $-11M | $-887.0K | $-2M | $-1M | · | |
| Stock Repurchased | $198M | $70M | $345M | $40M | $26M | $56M | $63M | $115M | $0 | $54M | $169M | $395M | |
| Net Stock Activity | $-198M | $-70M | $-345M | $-40M | $-26M | $-56M | $-796M | $-733M | $-618M | $-618M | $-564M | · | |
| Dividends Paid | $52M | $48M | $50M | $46M | $41M | $37M | $33M | $34M | $34M | $34M | $35M | $32M | |
| Financing Cash Flow | $-299M | $-523M | $-176M | $-182M | $134M | $-174M | $-99M | $-162M | $-32M | $-95M | $-220M | $-140M | |
| Net Change in Cash | $23M | $-39M | $18M | $8M | $-223M | $47M | $40M | $-180M | $79M | $65M | $-23M | $-242M | |
| Taxes Paid | $84M | $126M | $104M | $93M | $60M | $55M | $44M | $47M | $64M | $48M | $33M | $111M | |
| Free Cash Flow | $311M | $493M | $210M | $233M | $-42M | $210M | $210M | $81M | $90M | $161M | $227M | · | |
| Levered FCF | · | · | $175M | $200M | $-74M | $179M | $180M | $50M | $67M | $125M | $205M | · |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.2% | 30.5% | 29.6% | 25.9% | 25.2% | 26.4% | 25.0% | 23.9% | 24.8% | 26.0% | 23.7% | · | |
| Operating Margin | 10.1% | 12.9% | 7.0% | 10.0% | 8.2% | 7.8% | 8.6% | 7.3% | 9.7% | 9.7% | 5.0% | · | |
| Net Margin | 8.5% | 8.6% | 3.6% | 5.9% | 5.7% | 4.9% | 5.8% | 3.6% | 4.5% | 7.1% | 1.7% | · | |
| Pretax Margin | 9.2% | 11.5% | 5.7% | 8.4% | 7.4% | 6.7% | 7.6% | 5.2% | 8.3% | 8.7% | 3.5% | · | |
| EBITDA Margin | 12.3% | 15.2% | 9.3% | 12.2% | 10.8% | 10.7% | 11.6% | 10.3% | 12.8% | 12.9% | 8.5% | · | |
| ROA | 10.5% | 10.2% | 4.3% | 7.3% | 6.2% | 4.9% | 6.0% | 3.9% | 4.9% | 7.5% | 1.8% | · | |
| ROE | 22.2% | 23.1% | 10.6% | 17.1% | 15.4% | 12.2% | 14.7% | 9.2% | 11.9% | 19.2% | 4.3% | · | |
| ROIC | 16.0% | 17.3% | 7.3% | 12.4% | 9.4% | 8.8% | 9.6% | 7.8% | 7.6% | 11.6% | 3.8% | · |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.4 | 2.1 | 2.5 | 2.2 | 2.2 | 2.3 | 2.7 | 3.3 | 3.7 | 3.6 | 3.3 | · | |
| Quick Ratio | 1.1 | 1.0 | 1.2 | 1.0 | 1.0 | 1.4 | 1.6 | 1.2 | 2.5 | 2.4 | 2.2 | · | |
| Debt / Equity | 0.5 | 0.5 | 0.8 | 0.6 | 0.7 | 0.6 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | · | |
| LT Debt / Equity | 0.5 | 0.5 | 0.8 | 0.6 | 0.7 | 0.6 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | · | |
| Interest Coverage | · | · | 5.1 | 9.1 | 6.7 | 5.5 | 5.9 | 4.6 | 6.0 | 5.5 | 3.0 | · |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.2 | 1.2 | 1.2 | 1.2 | 1.1 | 1.0 | 1.0 | 1.1 | 1.1 | 1.1 | 1.0 | · | |
| Inventory Turnover | 5.0 | 4.5 | 4.2 | 4.4 | 4.4 | 4.9 | 5.5 | 5.5 | 5.4 | 5.4 | 5.7 | · | |
| Receivables Turnover | 6.6 | 6.2 | 6.6 | 7.4 | 6.5 | 5.8 | 5.7 | 5.6 | 5.8 | 5.6 | 5.2 | · |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 0.71% | -2.4% | -3.9% | 24.1% | 20.9% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -1.9% | 5.2% | 13.0% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 7.2% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -2.3% | 153.5% | -41.6% | 27.7% | 38.5% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 13.1% | 23.6% | 1.1% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 20.6% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 0.58% | 130.9% | -39.9% | 28.2% | 37.6% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 11.8% | 21.2% | 2.0% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 19.8% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 7.3% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 6
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $4.10B | $4.08B | $4.17B | $4.35B | $3.50B | $2.90B | $2.77B | $2.76B | $2.75B | $2.52B | $2.62B | $3.12B | |
| Net Income TTM | $350M | $348M | $151M | $251M | $196M | $142M | $152M | $108M | $122M | $178M | $45M | $189M | |
| P/E | 24.6 | 17.8 | 34.4 | 28.5 | 26.9 | 26.2 | 22.3 | 24.0 | 32.5 | 18.5 | 63.4 | 18.2 | |
| Earnings Yield | 4.1% | 5.6% | 2.9% | 3.5% | 3.7% | 3.8% | 4.5% | 4.2% | 3.1% | 5.4% | 1.6% | 5.5% | |
| Payout Ratio | 15.0% | 13.9% | 32.8% | 18.0% | 20.9% | 26.0% | 20.5% | 33.6% | 27.7% | 19.1% | 78.0% | · | |
| Annual Payout | $52M | $48M | $50M | $46M | $41M | $37M | $33M | $34M | $34M | $34M | $35M | $32M |
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 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.12B | $1.03B | $1.04B | $1.05B | $1.05B | $969M | $1.04B | $1.02B | $1.04B | $978M | $1.02B | $1.05B | $1.06B | $1.13B | $1.10B | |
| Cost of Revenue | $778M | $712M | $729M | $728M | $729M | $678M | $724M | $718M | $719M | $672M | $733M | $735M | $754M | $833M | $812M | |
| Gross Profit | $341M | $317M | $309M | $318M | $321M | $291M | $313M | $302M | $320M | $306M | $283M | $315M | $309M | $299M | $285M | |
| SG&A Expense | $175M | $161M | $186M | $177M | $192M | $163M | $193M | $176M | $173M | $175M | $188M | $194M | $190M | $189M | $176M | |
| Operating Income | $166M | $156M | $117M | $141M | $29M | $128M | $120M | $126M | $147M | $132M | $64M | $-24M | $118M | $110M | $110M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $16M | · | $13M | $13M | · | $12M | |
| Interest Income | $1M | $1M | $2M | $2M | $2M | $3M | $2M | $2M | $1M | $2M | $2M | $3M | $830.0K | $996.0K | $507.0K | |
| Other Non-op | $737.0K | $-895.0K | $193.0K | $-3M | $-4M | $-3M | $138.0K | $-2M | $-1M | $-105.0K | $-6M | $165.0K | $-2M | $4M | $3M | |
| Pretax Income | $162M | $145M | $109M | $132M | $19M | $118M | $106M | $112M | $132M | $118M | $45M | $-35M | $105M | $69M | $101M | |
| Income Tax | $42M | $37M | $-60M | $30M | $22M | $31M | $27M | $30M | $31M | $30M | $11M | $15M | $32M | $28M | $28M | |
| Net Income | $120M | $108M | $168M | $99M | $-4M | $87M | $78M | $83M | $100M | $88M | $36M | $-49M | $75M | $38M | $73M | |
| EPS (Basic) | $6.19 | $5.55 | $9.07 | $5.02 | $-1.53 | $4.35 | $3.89 | $4.13 | $4.94 | $4.35 | $1.40 | $-2.34 | $3.50 | $1.89 | $3.38 | |
| EPS (Diluted) | $6.14 | $5.51 | $9.02 | $4.98 | $-1.53 | $4.32 | $3.85 | $4.11 | $4.91 | $4.32 | $1.38 | $-2.34 | $3.47 | $1.85 | $3.34 | |
| Shares (Basic) | 19,368,000 | 19,475,000 | -39,797,000 | 19,736,000 | 19,809,000 | 20,047,000 | -40,333,000 | 20,092,000 | 20,175,000 | 20,188,000 | -127,000 | 20,951,000 | 21,269,000 | -10,645 | 21,332 | |
| Shares (Diluted) | 19,520,000 | 19,616,000 | -39,944,000 | 19,876,000 | 19,809,000 | 20,196,000 | -40,586,000 | 20,234,000 | 20,292,000 | 20,321,000 | -131,000 | 20,951,000 | 21,512,000 | 44,854 | 21,605 | |
| EBITDA | $190M | $178M | · | $163M | $52M | $150M | · | $126M | $147M | $155M | · | $-24M | $143M | · | $110M |
Balance Sheet 28
| 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 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $139M | $160M | $187M | $226M | $209M | $184M | $164M | $200M | $163M | $169M | · | $173M | $173M | · | $166M | |
| Receivables | $649M | $653M | $590M | $615M | $666M | $667M | $654M | $714M | $703M | $659M | · | $674M | $650M | · | $614M | |
| Inventory | $609M | $588M | $566M | $591M | $581M | $579M | $590M | $611M | $633M | $669M | · | $694M | $725M | · | $746M | |
| Prepaid Expense | $98M | $95M | $71M | $95M | $93M | $94M | $82M | $98M | $93M | $91M | · | $97M | $107M | · | $107M | |
| Current Assets | $1.78B | $1.77B | $1.72B | $1.76B | $1.74B | $1.72B | $1.68B | $1.81B | $1.78B | $1.78B | · | $1.81B | $1.82B | · | $1.85B | |
| PP&E (Net) | $693M | $686M | $674M | $643M | $622M | $604M | $589M | $609M | $604M | $608M | · | $604M | $599M | · | $597M | |
| PP&E (Gross) | $1.66B | $1.64B | $1.64B | $1.60B | $1.58B | $1.53B | $1.50B | $1.55B | $1.52B | $1.52B | · | $1.48B | $1.45B | · | $1.43B | |
| Accum. Depreciation | $966M | $954M | $967M | $954M | $957M | $931M | $913M | $943M | $920M | $909M | · | $873M | $850M | · | $830M | |
| Goodwill | $584M | $587M | $571M | $570M | $572M | $628M | $624M | $636M | $630M | $630M | $633M | $635M | $742M | $740M | $729M | |
| Intangibles | $117M | $120M | $121M | $123M | $127M | $133M | $134M | $142M | $143M | $146M | · | $140M | $172M | · | $183M | |
| Other Non-current Assets | $16M | $15M | $17M | $221M | $229M | $238M | $41M | $265M | $262M | $268M | · | $257M | $234M | · | $263M | |
| Total Assets | $3.47B | $3.44B | $3.37B | $3.37B | $3.35B | $3.38B | $3.33B | $3.50B | $3.46B | $3.47B | · | $3.49B | $3.60B | · | $3.62B | |
| Accounts Payable | $388M | $374M | $360M | $377M | $385M | $349M | $372M | $354M | $354M | $327M | · | $356M | $369M | · | $377M | |
| Accrued Liabilities | $140M | $173M | $157M | $157M | $145M | $141M | $132M | $155M | $140M | $149M | · | $146M | $131M | · | $136M | |
| Current Liabilities | $757M | $746M | $732M | $779M | $810M | $761M | $811M | $770M | $705M | $675M | · | $725M | $781M | · | $868M | |
| Capital Leases | $141M | $131M | $130M | $128M | $130M | $132M | $135M | $149M | $154M | $157M | · | $161M | $151M | · | $157M | |
| Deferred Tax | $17M | $12M | $5M | $7M | $5M | $7M | $6M | $8M | $19M | $27M | · | $21M | $45M | · | $49M | |
| Other Non-current Liabilities | $53M | $40M | $35M | $23M | $23M | $21M | $27M | $50M | $11M | $12M | · | $13M | $9M | · | $12M | |
| Total Liabilities | $1.73B | $1.75B | $1.73B | $1.70B | $1.73B | $1.68B | $1.74B | $1.91B | $1.94B | $2.01B | · | $1.93B | · | · | · | |
| Long-term Debt | $731M | · | $796M | $731M | $731M | $731M | $731M | $899M | $1.02B | $1.11B | · | $978M | $987M | · | $937M | |
| Total Debt | $731M | $790M | · | $731M | $731M | $731M | · | $899M | $1.02B | $1.11B | · | $978M | · | · | $937M | |
| Common Stock | $28M | $28M | $28M | $28M | $28M | $28M | $28M | $28M | $28M | $28M | · | $28M | $28M | · | $28M | |
| Paid-in Capital | · | · | · | · | · | · | · | $10M | $5M | $6M | · | · | · | · | $13M | |
| Retained Earnings | $3.35B | $3.24B | $3.16B | $3.04B | $2.96B | $3.00B | $2.94B | $2.88B | $2.81B | $2.72B | · | $2.66B | $2.64B | · | $2.57B | |
| Treasury Stock | $1.37B | $1.31B | $1.26B | $1.20B | $1.18B | $1.08B | $1.09B | $1.09B | $1.05B | $1.05B | · | $902M | $857M | · | $770M | |
| AOCI | $-287M | $-284M | $-291M | $-279M | $-279M | $-310M | $-333M | $-282M | $-314M | $-295M | · | $-282M | $-266M | · | $-328M | |
| Stockholders' Equity | $1.73B | $1.68B | $1.63B | $1.60B | $1.53B | $1.64B | $1.54B | $1.54B | $1.47B | $1.41B | $1.35B | $1.50B | $1.54B | $1.58B | $1.51B | |
| Liabilities + Equity | $3.47B | $3.44B | $3.37B | $3.37B | $3.35B | $3.38B | $3.33B | $3.50B | $3.46B | $3.47B | · | $3.49B | $3.60B | · | $3.62B |
Cash Flow 19
| 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 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $24M | $23M | $23M | $22M | $22M | $22M | $25M | $24M | $23M | $24M | $25M | $25M | $25M | $24M | $25M | |
| Stock-based Comp | $6M | $6M | $5M | $6M | $6M | $7M | $8M | $8M | $7M | $7M | $10M | $9M | $9M | $12M | $10M | |
| Deferred Tax | $6M | $16M | $-24M | $8M | $-13M | $10M | $-9M | $-16M | $-10M | $10M | $-6M | $-14M | $7M | $2M | $-5M | |
| Amort. of Intangibles | $3M | $3M | $3M | $3M | $3M | $3M | $4M | $3M | $3M | $4M | $4M | $5M | $5M | $5M | $5M | |
| Restructuring | · | · | $7M | $0 | $9M | · | · | · | · | · | $31M | $4M | · | · | · | |
| Other Non-cash | · | $-48M | · | · | · | $-61M | · | · | · | $-106M | · | · | $-92M | · | · | |
| Operating Cash Flow | $148M | $103M | $111M | $113M | $168M | $65M | $193M | $225M | $131M | $23M | $116M | $81M | $21M | $143M | $116M | |
| CapEx | $36M | $35M | $41M | $42M | $32M | $30M | $26M | $21M | $18M | $15M | $26M | $26M | $22M | $26M | $17M | |
| Investing Cash Flow | $-33M | $-43M | $-38M | $-40M | $-34M | $-30M | $-24M | $-19M | $-18M | $-19M | $-26M | $-55M | $-22M | $-26M | $-19M | |
| Debt Issued | $15M | $50M | $86M | $0 | $70M | $60M | $0 | $15M | $15M | $10.0K | $155M | $50M | $125M | $19M | $34M | |
| Net Debt Issued | · | $-6M | · | · | · | $-174.0K | · | · | · | $-165.0K | · | · | $114M | · | · | |
| Stock Repurchased | $60M | $58M | $72M | $26M | · | · | $15M | $40M | · | · | $179M | $32M | $111M | $20M | $11M | |
| Net Stock Activity | · | $-58M | · | · | · | · | · | · | · | · | · | · | $-111M | · | · | |
| Dividends Paid | $15M | $13M | $13M | $13M | $14M | $12M | $12M | $12M | $12M | $12M | $13M | $13M | $12M | $12M | $12M | |
| Financing Cash Flow | $-136M | $-87M | $-113M | $-55M | $-114M | $-17M | $-197M | $-175M | $-116M | $-35M | $-65M | $-17M | $-13M | $-103M | $-80M | |
| Net Change in Cash | $-21M | $-27M | $-39M | $18M | $24M | $20M | $-36M | $37M | $-6M | $-34M | $30M | $6M | $-12M | $19M | $12M | |
| Taxes Paid | $17M | $7M | $16M | $13M | $45M | $11M | $41M | $43M | $31M | $10M | $15M | $46M | $8M | $32M | $32M | |
| Free Cash Flow | · | $69M | · | · | · | $35M | · | · | · | $8M | · | · | $-1M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $-4M | · | · | $-10M | · | · |
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 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.5% | 30.8% | · | 30.4% | 30.6% | 30.0% | · | 29.6% | 30.8% | 31.3% | · | 30.0% | 29.0% | · | 26.0% | |
| Operating Margin | 14.8% | 15.1% | · | 13.5% | 2.8% | 13.2% | · | 12.3% | 14.2% | 13.5% | · | -2.3% | 11.2% | · | 10.0% | |
| Net Margin | 10.7% | 10.5% | · | 9.5% | -0.38% | 9.0% | · | 8.1% | 9.6% | 9.0% | · | -4.8% | 6.8% | · | 6.7% | |
| Pretax Margin | 14.5% | 14.1% | · | 12.6% | 1.8% | 12.2% | · | 11.0% | 12.7% | 12.1% | · | -3.3% | 9.9% | · | 9.2% | |
| EBITDA Margin | 17.0% | 17.3% | · | 15.6% | 4.9% | 15.5% | · | 12.3% | 14.2% | 15.9% | · | -2.3% | 13.5% | · | 10.0% | |
| ROA | 3.5% | 3.2% | · | 2.9% | -0.12% | 2.5% | · | 2.4% | 2.8% | 2.5% | · | -1.4% | · | · | 2.1% | |
| ROE | 7.4% | 6.5% | · | 6.3% | -0.27% | 5.7% | · | 5.5% | 6.5% | 6.0% | · | -3.3% | · | · | 5.1% | |
| ROIC | 5.0% | 4.7% | · | 4.7% | -0.22% | 4.0% | · | 3.8% | 4.5% | 3.9% | · | -1.4% | · | · | 3.2% |
Liquidity & Solvency 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.4 | 2.4 | · | 2.3 | 2.2 | 2.3 | · | 2.3 | 2.5 | 2.6 | · | 2.5 | · | · | 2.1 | |
| Quick Ratio | 1.0 | 1.1 | · | 1.1 | 1.1 | 1.1 | · | 1.2 | 1.2 | 1.2 | · | 1.2 | · | · | 0.9 | |
| Debt / Equity | 0.4 | 0.5 | · | 0.5 | 0.5 | 0.4 | · | 0.6 | 0.7 | 0.8 | · | 0.7 | · | · | 0.6 | |
| LT Debt / Equity | 0.4 | 0.5 | · | 0.5 | 0.5 | 0.4 | · | 0.6 | 0.7 | 0.8 | · | 0.7 | · | · | 0.6 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | 8.1 | · | -1.8 | 9.0 | · | 9.5 |
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 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | · | · | 0.3 | |
| Inventory Turnover | 1.3 | 1.2 | · | 1.2 | 1.2 | 1.1 | · | 1.1 | 1.1 | 1.0 | · | 1.0 | · | · | 1.2 | |
| Receivables Turnover | 1.7 | 1.6 | · | 1.6 | 1.5 | 1.5 | · | 1.5 | 1.5 | 1.5 | · | 1.6 | · | · | 1.9 |
Valuation (TTM) 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $4.24B | $4.10B | · | $4.09B | $4.08B | $4.01B | · | $4.09B | $4.11B | $4.14B | · | $4.26B | $4.28B | · | $4.08B | |
| Net Income TTM | $323M | $290M | · | $265M | $266M | $358M | · | $222M | $228M | $203M | · | $188M | $288M | · | $265M | |
| P/E | 37.7 | 29.5 | · | 32.4 | 28.3 | 16.4 | · | 26.3 | 24.7 | 23.6 | · | 27.7 | 24.1 | · | 21.1 | |
| Earnings Yield | 2.6% | 3.4% | · | 3.1% | 3.5% | 6.1% | · | 3.8% | 4.0% | 4.2% | · | 3.6% | 4.2% | · | 4.7% | |
| Payout Ratio | · | 12.3% | · | · | · | 13.8% | · | · | · | 13.8% | · | · | 16.2% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-27 | 2024-12-28 | 2023-12-30 | 2022-12-31 | 2022-12-24 | |
|---|---|---|---|---|---|
| Revenue | $4.10B | $4.08B | $4.17B | $4.35B | $4.35B |
| Gross Margin % | 30.2% | 30.5% | 29.6% | 25.9% | — |
| Operating Margin % | 10.1% | 12.9% | 7.0% | 10.0% | — |
| Net Income | $350M | $348M | $151M | $251M | — |
| Diluted EPS | $16.79 | $17.19 | $6.78 | $11.62 | — |
Balance Sheet
| 2025-12-27 | 2024-12-28 | 2023-12-30 | 2022-12-31 | 2022-12-24 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.5 | 0.5 | 0.8 | 0.6 | — |
| Current Ratio | 2.4 | 2.1 | 2.5 | 2.2 | — |
| Quick Ratio | 1.1 | 1.0 | 1.2 | 1.0 | — |
Cash Flow
| 2025-12-27 | 2024-12-28 | 2023-12-30 | 2022-12-31 | 2022-12-24 | |
|---|---|---|---|---|---|
| Free Cash Flow | $311M | $493M | $210M | $233M | — |
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Institutional owners (13F) 702 filers · $7.0B 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 |
|---|---|---|---|---|
| 121 (+30 vs prior Q) | 64 (+18 vs prior Q) | 194 (-9 vs prior Q) | 217 (+23 vs prior Q) | +2.4M |
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 | $493,276,754 | 854,011 | 7.06% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $487,497,288 | 844,005 | 6.98% | Shares |
| STATE STREET CORP | $381,502,404 | 659,625 | 5.46% | Shares |
| NEUBERGER BERMAN GROUP LLC | $283,215,479 | 490,332 | 4.06% | Shares |
| EARNEST PARTNERS LLC | $220,465,299 | 381,692 | 3.16% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $210,821,147 | 364,995 | 3.02% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $200,760,405 | 347,486 | 2.88% | Shares |
| KING LUTHER CAPITAL MANAGEMENT CORP | $195,135,229 | 337,838 | 2.79% | Shares |
| Robert B. Daugherty Foundation | $144,400,000 | 250,000 | 2.07% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $142,306,705 | 246,376 | 2.04% | Shares |
| NORGES BANK | $141,054,541 | 244,208 | 2.02% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $140,993,315 | 244,102 | 2.02% | Shares |
| Pictet Asset Management Holding SA | $138,187,211 | 239,251 | 1.98% | Shares |
| Impax Asset Management Group plc | $130,583,808 | 226,080 | 1.87% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $118,941,702 | 205,924 | 1.70% | Shares |
| Quantinno Capital Management LP | $114,609,535 | 198,423 | 1.64% | Shares |
| Ninety One UK Ltd | $109,743,388 | 189,999 | 1.57% | Shares |
| FIRST TRUST ADVISORS LP | $101,566,916 | 175,843 | 1.45% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $90,871,498 | 157,326 | 1.30% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $88,187,391 | 152,679 | 1.26% | Shares |
| Southpoint Capital Advisors LP | $86,640,000 | 150,000 | 1.24% | Shares |
| Copeland Capital Management, LLC | $76,506,994 | 132,456 | 1.10% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $70,397,888 | 121,880 | 1.01% | Shares |
| Point72 Asset Management, L.P. | $68,194,344 | 118,065 | 0.98% | Shares |
| Mawer Investment Management Ltd. | $65,914,557 | 114,118 | 0.94% | Shares |
| FMR LLC | $65,071,280 | 112,658 | 0.93% | Shares |
| ROYCE & ASSOCIATES LP | $63,337,306 | 109,656 | 0.91% | Shares |
| KENNEDY CAPITAL MANAGEMENT LLC | $62,843,943 | 108,802 | 0.90% | Shares |
| AMERICAN CENTURY COMPANIES INC | $61,039,035 | 105,677 | 0.87% | Shares |
| Greenhouse Funds LLLP | $55,771,323 | 96,557 | 0.80% | Shares |
| STOREBRAND ASSET MANAGEMENT AS | $55,252,638 | 95,659 | 0.79% | Shares |
| GOLDMAN SACHS GROUP INC | $51,344,597 | 88,893 | 0.74% | Shares |
| CONGRESS ASSET MANAGEMENT CO | $50,333,715 | 87,143 | 0.72% | Shares |
| JANUS HENDERSON GROUP PLC | $50,308,639 | 125,830 | 0.72% | Shares |
| VANGUARD GROUP INC | $48,203,568 | 119,814 | 0.69% | Shares |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | $47,743,261 | 82,658 | 0.68% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $45,237,632 | 78,320 | 0.65% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $41,469,211 | 72,913 | 0.59% | Shares |
| Gotham Asset Management, LLC | $41,409,299 | 71,692 | 0.59% | Shares |
| Bornite Capital Management LP | $37,717,280 | 65,300 | 0.54% | Shares |
| Boston Trust Walden Corp | $34,035,080 | 58,925 | 0.49% | Shares |
| GAMCO INVESTORS, INC. ET AL | $33,246,656 | 57,560 | 0.48% | Shares |
| GABELLI FUNDS LLC | $32,861,397 | 56,893 | 0.47% | Shares |
| Leeward Investments, LLC - MA | $32,447,258 | 56,176 | 0.46% | Shares |
| HighTower Advisors, LLC | $30,854,017 | 53,418 | 0.44% | Shares |
| Arbejdsmarkedets Tillaegspension | $29,249,664 | 50,640 | 0.42% | Shares |
| RHUMBLINE ADVISERS | $29,112,734 | 50,403 | 0.42% | Shares |
| TRILLIUM ASSET MANAGEMENT, LLC | $28,016,859 | 48,505 | 0.40% | Shares |
| Retirement Systems of Alabama | $27,023,016 | 46,785 | 0.39% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $26,954,859 | 46,667 | 0.39% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $26,680,499 | 46,192 | 0.38% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $26,441,655 | 45,778 | 0.38% | Shares |
| AMERIPRISE FINANCIAL INC | $24,227,006 | 41,943 | 0.35% | Shares |
| Clearbridge Investments, LLC | $24,215,880 | 41,925 | 0.35% | Shares |
| California Public Employees Retirement System | $24,116,533 | 41,753 | 0.35% | Shares |
| Avalon Trust Co | $22,958,445 | 39,748 | 0.33% | Shares |
| Swiss National Bank | $22,653,472 | 39,220 | 0.32% | Shares |
| Caisse de depot et placement du Quebec | $22,461,709 | 38,888 | 0.32% | Shares |
| CWM, LLC | $22,346,494 | 55,926 | 0.32% | Shares |
| Grantham, Mayo, Van Otterloo & Co. LLC | $21,358,493 | 36,978 | 0.31% | Shares |
| OPPENHEIMER & CO INC | $21,180,592 | 36,670 | 0.30% | Shares |
| ALTA FOX CAPITAL MANAGEMENT, LLC | $21,070,848 | 36,480 | 0.30% | Shares |
| Qube Research & Technologies Ltd | $20,500,179 | 35,492 | 0.29% | Shares |
| BLAIR WILLIAM & CO/IL | $19,850,939 | 34,368 | 0.28% | Shares |
| D.A. DAVIDSON & CO. | $19,561,079 | 33,866 | 0.28% | Shares |
| Pennant Select, LLC | $19,060,800 | 33,000 | 0.27% | Shares |
| BANK OF AMERICA CORP /DE/ | $18,542,115 | 32,102 | 0.27% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $17,987,042 | 31,141 | 0.26% | Shares |
| Squarepoint Ops LLC | $17,862,280 | 30,925 | 0.26% | Shares |
| Pennant Investors, LP | $17,328,000 | 30,000 | 0.25% | Shares |
| Zurcher Kantonalbank (Zurich Cantonalbank) | $17,187,643 | 29,757 | 0.25% | Shares |
| BlackRock, Inc. | $16,937,542 | 29,324 | 0.24% | Shares |
| NORDEA INVESTMENT MANAGEMENT AB | $16,759,581 | 29,097 | 0.24% | Shares |
| MILLENNIUM MANAGEMENT LLC | $16,752,133 | 29,003 | 0.24% | Shares |
| Ninety One North America, Inc. | $16,120,240 | 27,909 | 0.23% | Shares |
| Corient Private Wealth LP | $15,722,727 | 27,221 | 0.23% | Shares |
| Montanaro Asset Management Ltd | $14,930,960 | 25,850 | 0.21% | Shares |
| OP Asset Management Ltd | $14,620,211 | 25,312 | 0.21% | Shares |
| Delta Global Management LP | $14,368,378 | 24,876 | 0.21% | Shares |
| WealthPlan Investment Management, LLC | $14,217,879 | 24,615 | 0.20% | Shares |
| CRAWFORD INVESTMENT COUNSEL INC | $13,768,953 | 23,838 | 0.20% | Shares |
| Orion Portfolio Solutions, LLC | $13,590,346 | 47,624 | 0.19% | Shares |
| CAPITAL FUND MANAGEMENT S.A. | $13,221,841 | 22,891 | 0.19% | Shares |
| De Lisle Partners LLP | $13,179,654 | 22,800 | 0.19% | Shares |
| MORGAN STANLEY | $11,832,136 | 20,485 | 0.17% | Shares |
| Pier Capital, LLC | $11,690,046 | 20,239 | 0.17% | Shares |
| D. E. Shaw & Co., Inc. | $11,567,018 | 20,026 | 0.17% | Shares |
| SCOPUS ASSET MANAGEMENT, L.P. | $11,552,000 | 20,000 | 0.17% | Put option |
| Raiffeisen Bank International AG | $11,467,400 | 20,000 | 0.16% | Shares |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO | $11,299,589 | 19,563 | 0.16% | Shares |
| ALLIANCEBERNSTEIN L.P. | $10,980,983 | 27,482 | 0.16% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $10,922,994 | 18,911 | 0.16% | Shares |
| CAPTRUST FINANCIAL ADVISORS | $10,752,509 | 18,616 | 0.15% | Shares |
| VAN ECK ASSOCIATES CORP | $10,589,718 | 18,334 | 0.15% | Shares |
| DANSKE BANK A/S | $10,339,040 | 17,900 | 0.15% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $9,716,387 | 16,822 | 0.14% | Shares |
| Covea Finance | $9,703,680 | 16,800 | 0.14% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $9,588,160 | 16,600 | 0.14% | Call option |
| RAYMOND JAMES FINANCIAL INC | $9,556,878 | 16,546 | 0.14% | Shares |
| IEQ CAPITAL, LLC | $9,522,215 | 16,486 | 0.14% | Shares |
Company insiders 56 insiders · 33 officers · 19 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Avner M Applbaum | President and CEO | July 31, 2026 F | 26,031 | 0 | 0 | $0 |
| Stephen G Kaniewski | President and CEO | March 14, 2023 M | 71,857 | 0 | 0 | $0 |
| John L Schwietz | Executive VP and CFO | July 29, 2026 F | 2,968 | 1 | 0 | $101,117 |
| Thomas Liguori | EVP, CFO | Feb. 23, 2026 F | 2,432 | 0 | 0 | $0 |
| Terry Mcclain | Sr. VP & CFO | Aug. 9, 2012 M | 41,452 | 0 | 0 | $0 |
| Gregory Richard Turi | President, Infrastructure | Feb. 23, 2026 F | 5,100 | 0 | 0 | $0 |
| James Christopher Colwell | President, Infrastructure | Feb. 23, 2026 F | 7,929 | 0 | 1 | $-154,005 |
| John Timothy Donahue | Group President Infrastructure | Feb. 27, 2025 F | 17,198 | 0 | 0 | $0 |
| Jennifer Paisley | Chief People Officer | Feb. 23, 2026 F | 2,998 | 0 | 0 | $0 |
| Renee L Campbell | SVP, Capital Markets & Risk | Feb. 23, 2026 D | 4,844 | 0 | 0 | $0 |
| Darryl R Matthews | Group Pres. Global Agriculture | Feb. 23, 2026 F | 1,404 | 0 | 0 | $0 |
| Andrew R Massey | VP, Legal and Corp. Secretary | Feb. 23, 2026 F | 10,827 | 0 | 0 | $0 |
| William Eric Johnson | Chief Accounting Officer | Dec. 15, 2025 A | 806 | 0 | 0 | $0 |
| Ellen S Dasher | VP, Global Taxation | Dec. 15, 2025 A | 6,528 | 0 | 0 | $0 |
| Timothy P Francis | Chief Accounting Officer | Aug. 1, 2025 M | 9,746 | 0 | 0 | $0 |
| Diane M Larkin | EVP, Global Operations | Feb. 24, 2025 F | 9,188 | 0 | 0 | $0 |
| Thomas Mitchell Parnell | EVP, Human Resources | Aug. 14, 2024 S | 4,677 | 0 | 0 | $0 |
| Aaron M Schapper | Former Group Pres. Agri. & CSO | May 10, 2024 M | 25,825 | 0 | 0 | $0 |
| Gene Padgett | CAO | Nov. 1, 2023 F | 270 | 0 | 0 | $0 |
| Claudio Laterreur | SVP IT / CIO | Feb. 27, 2023 F | 4,023 | 0 | 0 | $0 |
| Teresa M Hecker | VP, Internal Audit | March 9, 2021 A | 1,255 | 0 | 0 | $0 |
| Vanessa Kay Brown | Sr VP Human Resources | Dec. 19, 2018 F | 12,620 | 0 | 0 | $0 |
| John A Kehoe | Sr VP Info Technology and CIO | Sept. 12, 2018 M | 1,920 | 0 | 0 | $0 |
| Barry A. Ruffalo | EVP Operational Excellence | March 10, 2017 M | 5,419 | 0 | 0 | $0 |
| Todd G Atkinson | Executive Vice President | April 27, 2015 M | 12,511 | 0 | 0 | $0 |
| Walter Pasko | VP Procurement | Dec. 8, 2014 A | 3,252 | 0 | 0 | $0 |
| Brian J Desigio | VP Corporate Development | May 7, 2013 M | 4,772 | 0 | 0 | $0 |
| Robert E Meaney | Sr VP & Corp Secretary | April 28, 2011 S | 41,827 | 0 | 0 | $0 |
| John G Graboski | VP Human Resources | Feb. 21, 2011 A | 3,773 | 0 | 0 | $0 |
| Steven G Branscombe | VP Information Technology | Feb. 22, 2010 A | 11,129 | 0 | 0 | $0 |
| Mark Treinen | V.P.-Business Dev. | Dec. 16, 2007 A | 0 | 0 | 0 | $0 |
| Ann Ashford | Vice President-Corporate HR | March 28, 2007 S | 13,370 | 0 | 0 | $0 |
| Thomas P Pogge | VP - General Counsel | May 9, 2006 M | 4,414 | 0 | 0 | $0 |
| Theodor Werner Freye | Director | July 27, 2026 S | 2,805 | 0 | 1 | $-396,000 |
| Mogens C Bay | Director | April 27, 2026 A | 112,650 | 0 | 5 | $-8,615,941 |
| Joan Robinson-Berry | Director | Oct. 30, 2025 G | 2,487 | 0 | 0 | $0 |
| Richard Andrew Lanoha | Director | April 28, 2025 A | 3,335 | 0 | 0 | $0 |
| Deborah H Caplan | Director | April 28, 2025 A | 579 | 0 | 0 | $0 |
| Ritu Favre | Director | April 28, 2025 A | 2,668 | 0 | 0 | $0 |
| James B. Milliken | Director | April 28, 2025 A | 8,561 | 0 | 0 | $0 |
| Kaj Den Daas | Director | Nov. 18, 2024 S | 8,644 | 0 | 0 | $0 |
| Clark T. Randt Jr. | Director | April 27, 2022 F | 8,346 | 0 | 0 | $0 |
| Walter Scott JR | Director | April 27, 2021 A | 138,283 | 0 | 0 | $0 |
| Donna M Milrod | Director | April 30, 2019 A | 1,247 | 0 | 0 | $0 |
| Kenneth E Stinson | Director | April 25, 2017 A | 67,328 | 0 | 0 | $0 |
| Glen A Barton | Director | April 29, 2014 A | 23,718 | 0 | 0 | $0 |
| Stephen R Lewis JR | Director | July 26, 2012 S | 11,615 | 0 | 0 | $0 |
| Thomas F Madison | Director | April 1, 2010 M | 56,536 | 0 | 0 | $0 |
| John E Jones | Director | Feb. 25, 2008 M | 49,448 | 0 | 0 | $0 |
| Charles D Peebler JR | Director | April 23, 2007 A | 43,448 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Robert B. Daugherty Charitable Foundation ×9 filings | April 24, 2013 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 118 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 |
|---|---|---|---|---|
| CSMD · Professionally Managed Portfolios | 3.80% | 32,392 NS | April 30, 2026 | N-PORT |
| NBSM · Neuberger Berman ETF Trust | 2.66% | 11,563 NS | May 31, 2026 | N-PORT |
| PKB · Invesco Exchange-Traded Fund Trust | 2.55% | 19,589 SH | Aug. 8, 2026 | Daily |
| EPSB · Harbor ETF Trust | 2.32% | 213 NS | April 30, 2026 | N-PORT |
| CTEX · ProShares Trust | 2.08% | 295 NS | May 31, 2026 | N-PORT |
| PHO · Invesco Exchange-Traded Fund Trust | 1.85% | 78,513 SH | Aug. 8, 2026 | Daily |
| POWR · iShares, Inc. | 1.23% | 11,422 SH | Aug. 8, 2026 | Daily |
| TAX · EA Series Trust | 1.11% | 542 NS | May 29, 2026 | N-PORT |
| XMHQ · Invesco Exchange-Traded Fund Trust | 1.06% | 121,113 SH | Aug. 8, 2026 | Daily |
| AIPO · Tidal Trust II | 0.97% | 14,083 NS | May 31, 2026 | N-PORT |
| CCSO · Tidal Trust II | 0.81% | 745 NS | April 30, 2026 | N-PORT |
| XMMO · Invesco Exchange-Traded Fund Trust | 0.70% | 106,906 SH | Aug. 8, 2026 | Daily |
| FNY · First Trust Exchange-Traded AlphaDE… | 0.67% | 6,864 NS | April 30, 2026 | N-PORT |
| PAVE · Global X Funds | 0.55% | 144,506 NS | May 31, 2026 | N-PORT |
| CZA · Invesco Exchange-Traded Fund Trust | 0.46% | 1,779 SH | Aug. 8, 2026 | Daily |
| MIDE · DBX ETF Trust | 0.42% | 27 NS | May 29, 2026 | N-PORT |
| IQSM · New York Life Investments ETF Trust | 0.41% | 2,562 NS | April 30, 2026 | N-PORT |
| VFQY · VANGUARD WELLINGTON FUND | 0.38% | 3,158 SH | Aug. 8, 2026 | Daily |
| PAMC · Pacer Funds Trust | 0.37% | 463 NS | April 30, 2026 | N-PORT |
| IVOG · VANGUARD ADMIRAL FUNDS | 0.35% | 11,494 SH | Aug. 8, 2026 | Daily |
| IFRA · iShares Trust | 0.34% | 32,004 SH | Aug. 8, 2026 | Daily |
| AFMC · First Trust Exchange-Traded Fund VI… | 0.33% | 1,033 NS | May 31, 2026 | N-PORT |
| SMDX · Tidal Trust III | 0.32% | 802 NS | April 30, 2026 | N-PORT |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.31% | 31,374 SH | Aug. 8, 2026 | Daily |
| IJK · iShares Trust | 0.31% | 68,075 SH | Aug. 8, 2026 | Daily |
| XJH · iShares Trust | 0.30% | 2,630 SH | Aug. 8, 2026 | Daily |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.30% | 2,658 SH | Aug. 8, 2026 | Daily |
| AVMV · AMERICAN CENTURY ETF TRUST | 0.29% | 3,513 NS | May 31, 2026 | N-PORT |
| PTMC · Pacer Funds Trust | 0.29% | 2,243 NS | April 30, 2026 | N-PORT |
| FNDA · SCHWAB STRATEGIC TRUST | 0.28% | 47,409 NS | May 31, 2026 | N-PORT |
| IJH · iShares Trust | 0.26% | 669,713 SH | Aug. 8, 2026 | Daily |
| FNX · First Trust Exchange-Traded AlphaDE… | 0.26% | 6,814 NS | April 30, 2026 | N-PORT |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.26% | 6,668 SH | Aug. 8, 2026 | Daily |
| BKMC · BNY Mellon ETF Trust | 0.26% | 3,141 NS | April 30, 2026 | N-PORT |
| DEUS · DBX ETF Trust | 0.25% | 1,294 NS | May 29, 2026 | N-PORT |
| SDVD · First Trust Exchange-Traded Fund IV | 0.25% | 4,030 NS | April 30, 2026 | N-PORT |
| VBR · VANGUARD INDEX FUNDS | 0.23% | 268,467 SH | Aug. 8, 2026 | Daily |
| MVV · ProShares Trust | 0.22% | 682 NS | May 31, 2026 | N-PORT |
| IJJ · iShares Trust | 0.22% | 39,549 SH | Aug. 8, 2026 | Daily |
| SCHA · SCHWAB STRATEGIC TRUST | 0.22% | 94,638 NS | May 31, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.20% | 8,135 NS | April 30, 2026 | N-PORT |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.20% | 1,888 NS | April 30, 2026 | N-PORT |
| MIDU · Direxion Shares ETF Trust | 0.20% | 327 NS | April 30, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.19% | 8,903 NS | April 30, 2026 | N-PORT |
| VFMF · VANGUARD WELLINGTON FUND | 0.19% | 2,302 SH | Aug. 8, 2026 | Daily |
| SCHM · SCHWAB STRATEGIC TRUST | 0.19% | 53,270 NS | May 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.19% | 52,244 NS | April 30, 2026 | N-PORT |
| ISCG · iShares Trust | 0.18% | 3,717 SH | Aug. 8, 2026 | Daily |
| AVLV · AMERICAN CENTURY ETF TRUST | 0.18% | 44,170 NS | May 31, 2026 | N-PORT |
| QGRO · AMERICAN CENTURY ETF TRUST | 0.17% | 7,171 NS | May 31, 2026 | N-PORT |