Loading institutional data...
Loading institutional data...
Held by 424 of 5,944 reporting institutions (96th percentile) — extremely crowded.
Data as of Q1 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
Loading top holders...
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
No trend data available for this metric.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.87B 100.0% | $1.81B 100.0% | $1.79B 100.0% | $1.53B 100.0% | $1.40B 100.0% | $1.35B 100.0% | $1.40B 100.0% | $1.36B 100.0% | $1.20B 100.0% | $1.15B 100.0% |
| Cost of Revenue | $1.00B 53.5% | $947.7M 52.4% | $935.5M 52.3% | $854.1M 55.9% | $784.8M 56.1% | $752.7M 55.8% | $763.4M 54.4% | $746.2M 54.9% | $657.9M 55.0% | $627.3M 54.6% |
| Cost of Products | — | — | — | — | — | — | — | — | $656.4M 54.8% | $625.9M 54.4% |
| Gross Profit | $871.1M 46.5% | $860.4M 47.6% | $852.1M 47.7% | $673.8M 44.1% | $615.3M 43.9% | $595.5M 44.2% | $638.6M 45.6% | $611.9M 45.1% | $538.9M 45.0% | $522.2M 45.4% |
| Research & Development | $65.3M 3.5% | $66.5M 3.7% | $68.0M 3.8% | $57.0M 3.7% | $57.8M 4.1% | $58.3M 4.3% | $57.8M 4.1% | $52.7M 3.9% | $50.1M 4.2% | $46.8M 4.1% |
| Selling, General & Admin | $414.3M 22.1% | $394.7M 21.8% | $396.6M 22.2% | $338.9M 22.2% | $332.9M 23.8% | $290.3M 21.5% | $330.5M 23.6% | $324.8M 23.9% | $300.1M 25.1% | $308.2M 26.8% |
| Operating Income | $371.8M 19.8% | $389.2M 21.5% | $231.3M 12.9% | $239.1M 15.7% | $22.8M 1.6% | $171.9M 12.7% | $188.2M 13.4% | $173.5M 12.8% | $39.6M 3.3% | $160.7M 14.0% |
| Interest Expense | $31.8M 1.7% | $36.9M 2.0% | $46.7M 2.6% | $21.7M 1.4% | $10.8M 0.8% | $9.4M 0.7% | $13.6M 1.0% | $18.9M 1.4% | $15.4M 1.3% | $16.4M 1.4% |
| Other Income (Expense), net | -$5.4M -0.3% | -$14.2M -0.8% | -$24.6M -1.4% | -$604K -0.0% | $824K 0.1% | -$3.7M -0.3% | -$2.5M -0.2% | -$11.1M -0.8% | -$9.8M -0.8% | -$8.8M -0.8% |
| Pretax Income | $366.4M 19.5% | $375.0M 20.7% | $206.7M 11.6% | $238.5M 15.6% | $23.6M 1.7% | $168.1M 12.5% | $185.8M 13.2% | $162.3M 12.0% | $29.8M 2.5% | $151.9M 13.2% |
| Income Tax Expense | $87.5M 4.7% | $90.0M 5.0% | $148.1M 8.3% | $58.9M 3.9% | $1.8M 0.1% | $43.0M 3.2% | $46.5M 3.3% | $37.2M 2.7% | $2.8M 0.2% | $57.8M 5.0% |
| Net Income | $278.9M 14.9% | $285.0M 15.8% | $58.6M 3.3% | $179.6M 11.8% | $21.3M 1.5% | $124.1M 9.2% | $138.0M 9.8% | $124.2M 9.1% | $26.0M 2.2% | $91.9M 8.0% |
| Per Share | ||||||||||
| EPS (Basic) | $7.11 | $7.24 | $1.49 | $4.58 | $0.54 | $3.19 | $3.56 | $3.23 | $0.68 | $2.45 |
| EPS (Diluted) | $7.09 | $7.21 | $1.48 | $4.56 | $0.54 | $3.15 | $3.52 | $3.18 | $0.67 | $2.42 |
| Weighted Avg Shares (Basic) | 39.2M | 39.4M | 39.3M | 39.2M | 39.2M | 38.9M | 38.7M | 38.4M | 38.0M | 37.5M |
| Weighted Avg Shares (Diluted) | 39.3M | 39.5M | 39.5M | 39.4M | 39.4M | 39.3M | 39.2M | 39.0M | 38.7M | 38.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81 · book equity (no price)
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest; leverage rising year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 28% of free cash flow, leaving room to grow it and fund buybacks. Last year: $82M dividends + $0 buybacks = $82M returned on $295M FCF.
9 consecutive years of dividend increases · 6%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 14%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $165M covers the $8M due within a year 20.1× over. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit. Effective rate ~5.5% on $581M of debt.
Cash of $165M fully covers short-term debt of $8M.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
No current price collected.
No material risks flagged.
Where each multiple sits in its own 14-yr range
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Returns are margin-driven, not leverage-driven — higher quality.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 54.9 | 54.4 | 55.8 | 56.1 | 55.9 | 52.3 | 52.4 | 53.5 |
| Gross Profit | 45.1 | 45.6 | 44.2 | 43.9 | 44.1 | 47.7 | 47.6 | 46.5 |
| R&D | 3.9 | 4.1 | 4.3 | 4.1 | 3.7 | 3.8 | 3.7 | 3.5 |
| SG&A | 23.9 | 23.6 | 21.5 | 23.8 | 22.2 | 22.2 | 21.8 | 22.1 |
| Operating Income | 12.8 | 13.4 | 12.7 | 1.6 | 15.7 | 12.9 | 21.5 | 19.8 |
| Income Tax | 2.7 | 3.3 | 3.2 | 0.1 | 3.9 | 8.3 | 5.0 | 4.7 |
| Net Income | 9.1 | 9.8 | 9.2 | 1.5 | 11.8 | 3.3 | 15.8 | 14.9 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on MSA: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position