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Insufficient data to determine institutional momentum.
Data as of Q3 2026
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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.
What the company returns to shareholders — and whether it's covered by cash.
Free-cash-flow coverage unavailable. Last year: $30.1M dividends + $0 buybacks = $30.1M returned on -$53.8M FCF.
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.
Modest payoff on reinvested capital. Current ROIC on all capital: 3%. 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.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~4.9% on $888.3M of debt.
Cash of $15.6M is below short-term debt of $255.7M — relies on refinancing/operations.
Mostly long-term debt (balance-sheet current vs non-current split). A year-by-year maturity schedule wasn't disclosed for this issuer.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
Ranked against 14 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-09-30.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DUK | $99.3B | 20.2× | 11.1× | 3.1× | 5.6% | — | 15.7% | 9.6% | 3.7% | 5.0× | 841 |
| EXC | $47.6B | — | 11.6× | 2.0× | 5.3% | — | 11.4% | 9.6% | 3.6% | 5.8× | 374 |
| ED | $43.1B | 20.7× | — | 2.5× | 10.9% | — | 12.0% | 8.4% | 4.0% | — | 428 |
| PCG | $39.6B | 11.2× | — | 1.6× | 2.1% | — | 10.8% | 8.3% | 2.9% | — | 198 |
| WEC | $38.2B | 24.1× | 15.7× | 3.9× | 14.0% | 66.7% | 15.9% | 11.1% | 4.5% | 5.5× | 402 |
| PEG | $37.0B | 17.6× | — | 3.0× | 18.3% | — | 17.3% | 12.4% | 5.3% | — | 367 |
| AEE | $30.6B | 20.7× | — | 3.5× | 15.4% | — | 16.6% | 10.9% | 4.5% | — | 234 |
| CMS | $22.0B | 19.9× | 13.3× | 2.6× | 13.6% | — | 12.5% | 11.7% | 3.8% | 6.0× | 215 |
| NI | $21.4B | 22.9× | 7.3× | 3.3× | 23.5% | — | 14.3% | 9.8% | 9.1% | 0.2× | 208 |
| EVRG | $19.8B | 23.5× | 13.4× | 3.3× | 2.0% | — | 14.4% | 8.4% | 3.6% | 5.4× | 258 |
| LNT | $18.6B | 22.8× | 16.1× | 4.3× | 9.6% | 85.7% | 18.6% | 11.0% | 4.2% | 6.1× | 225 |
| NWE | $4.9B | 27.1× | 14.3× | 3.0× | 6.4% | — | 11.2% | 6.3% | 2.9% | 5.8× | 73 |
| AVA | $3.1B | 15.8× | 5.5× | 1.6× | 1.3% | — | 9.8% | 7.1% | 6.2% | 0.6× | 80 |
| UTL | $1.0B | 18.7× | — | 1.9× | 8.3% | — | 9.4% | 8.2% | 3.4% | — | 48 |
| GNE | $433M | 18.3× | 8.3× | 0.9× | 18.1% | 24.8% | 4.8% | 9.6% | 9.2% | -6.8× | 15 |
Peers = companies sharing UTL's sector (Electric & Other Services Combined) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Solve the discounted cash flow backwards, then stress-test the assumptions.
This company doesn't have positive free cash flow on any basis, so a reverse DCF can't be run.
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
EOD close · as of 2026-10-30
How a revenue dollar becomes profit — FY2025
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $536.0M 100.0% | $494.8M 100.0% | $557.1M 100.0% | $563.2M 100.0% | $473.3M 100.0% | $418.6M 100.0% | $438.2M 100.0% | $444.1M 100.0% | $406.2M 100.0% | $383.4M 100.0% |
| Operating Income | $101.2M 18.9% | $90.6M 18.3% | $87.1M 15.6% | $80.5M 14.3% | $77.8M 16.4% | $71.4M 17.1% | $73.1M 16.7% | $71.2M 16.0% | $75.4M 18.6% | $70.2M 18.3% |
| Interest Expense | $43.8M 8.2% | $37.7M 7.6% | $34.9M 6.3% | $28.3M 5.0% | $27.2M 5.7% | $26.4M 6.3% | $26.6M 6.1% | $26.4M 5.9% | $25.5M 6.3% | $23.7M 6.2% |
| Other Income (Expense), net | $1.0M 0.2% | -$200K -0.0% | $0 0.0% | -$2.4M -0.4% | -$4.6M -1.0% | -$5.2M -1.2% | $8.6M 2.0% | $5.8M 1.3% | -$5.8M -1.4% | -$5.2M -1.4% |
| Pretax Income | $65.5M 12.2% | $61.1M 12.3% | $58.4M 10.5% | $52.6M 9.3% | $47.6M 10.1% | $42.4M 10.1% | $58.0M 13.2% | $41.4M 9.3% | $46.5M 11.4% | $42.5M 11.1% |
| Income Tax Expense | $15.3M 2.9% | $14.0M 2.8% | $13.2M 2.4% | $11.2M 2.0% | $11.5M 2.4% | $10.2M 2.4% | $13.8M 3.1% | $8.4M 1.9% | $17.5M 4.3% | $15.4M 4.0% |
| Net Income | $50.2M 9.4% | $47.1M 9.5% | $45.2M 8.1% | $41.4M 7.4% | $36.1M 7.6% | $32.2M 7.7% | $44.2M 10.1% | $33.0M 7.4% | $29.0M 7.1% | $27.1M 7.1% |
| Per Share | ||||||||||
| EPS (Basic) | $2.97 | $2.93 | $2.82 | $2.59 | $2.35 | $2.15 | — | — | — | — |
| EPS (Diluted) | $2.97 | $2.93 | $2.82 | $2.59 | $2.35 | $2.15 | — | — | — | — |
| Weighted Avg Shares (Basic) | 16.8M | 16.1M | 16.0M | 16.0M | 15.4M | 15.0M | 14.9M | 14.8M | 14.1M | 14.0M |
| Weighted Avg Shares (Diluted) | 16.8M | 16.1M | 16.1M | 16.0M | 15.4M | 15.0M | 14.9M | 14.8M | 14.1M | 14.0M |
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.
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.
| Date | Insider | What it was | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-01 | Brown Winfield S Director | Grant | 2,272 | $0.00 | — |
| 2026-10-01 | Collin Mark H Director | Grant | 2,272 | $0.00 | $0 |
| 2026-10-01 | Foster Suzanne Director | Grant | 2,272 | $0.00 | $0 |
| 2026-10-01 | Kountze Katherine Director | Grant | 2,272 | $0.00 | $0 |
| 2026-10-01 | Lewis-Raymond Jane Director | Grant | 2,272 | $0.00 | — |
| 2026-10-01 | Vogel Justine Director | Grant | 2,272 | $0.00 | $0 |
| 2026-10-01 | Alonzo Anne L. Director | Grant | 2,272 | $0.00 | — |
| 2026-10-01 | Awad Neveen F Director | Grant | 2,272 | $0.00 | — |
| 2026-10-01 | Whiteley David A Director | Grant | 2,272 | $0.00 | $0 |
| 2026-01-27 | 3 co-filers SVP, Gen. Counsel & Secretary | Grant | 1,590 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers Vice President | Grant | 1,080 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers SVP, CFO & Treasurer | Grant | 2,430 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers CTO | Grant | 1,080 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers Pres. & Chief Admin Officer | Grant | 3,740 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers CAO & Controller | Grant | 1,080 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers Chairmain & CEO | Grant | 8,090 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers CTO | Grant | 1,080 | $0.00 | $0 |
| 2026-01-27 | 3 co-filers SVP, Gen. Counsel & Secretary | Grant | 1,590 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers Chairmain & CEO | Grant | 8,090 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers CAO & Controller | Grant | 1,080 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers SVP, CFO & Treasurer | Grant | 2,430 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers Vice President | Grant | 1,080 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers Pres. & Chief Admin Officer | Grant | 3,740 | $0.00 | $0 |
| 2026-01-27 | 4 co-filers CAO & Controller | Grant | 10 | $50.00 | $500 |
| 2026-01-27 | 3 co-filers SVP, Gen. Counsel & Secretary | Grant | 795 | — | — |
| 2026-01-27 | 4 co-filers SVP, CFO & Treasurer | Grant | 40 | $50.00 | $2k |
| 2026-01-27 | 4 co-filers Vice President | Grant | 40 | $50.00 | $2k |
| 2026-01-27 | 4 co-filers CTO | Grant | 40 | $50.00 | $2k |
| 2026-01-27 | 4 co-filers Pres. & Chief Admin Officer | Grant | 90 | $50.00 | $5k |
| 2026-01-27 | 4 co-filers Chairmain & CEO | Grant | 310 | $50.00 | $16k |
| 2026-01-27 | 4 co-filers Chairmain & CEO | Grant | 4,045 | — | — |
| 2026-01-27 | 4 co-filers Pres. & Chief Admin Officer | Grant | 1,870 | — | — |
| 2026-01-27 | 4 co-filers CAO & Controller | Grant | 540 | — | — |
| 2026-01-27 | 4 co-filers SVP, CFO & Treasurer | Grant | 1,215 | — | — |
| 2026-01-27 | 4 co-filers CTO | Grant | 540 | — | — |
| 2026-01-27 | 4 co-filers Vice President | Grant | 540 | — | — |
Every row is classified by what it MEANT, not by its SEC code. A code is not a meaning: code P (“purchase”) also covers dividend reinvestment and employee stock purchase plans, and code S (“sale”) also covers 10b5-1 plan sales scheduled months earlier and option exercises sold the same day.
Across 30 days of all filings, $5.08bn of insider selling contained $3.50bn of plan sales and $0.46bn of exercise-and-sell. Only 29% was discretionary. Reading an unclassified feed badly overstates how much insiders decided.
Buys and sales are counted separately and never netted. They are different decisions by different people; a company where one officer bought while another sold is not “neutral”.
The holding line carries each insider's last reported position forward, so it shows the total held rather than a sawtooth of whoever traded that day. It covers only insiders who filed in the window.
“Filed late” counts calendar days past the two-business-day deadline with five days' grace, so a Thursday or Friday trade crossing a weekend is never flagged. It describes the company's filing discipline, not the trade.
Insider activity is descriptive. Nothing here is investment advice.
EOD close · as of 2026-10-30
Where each multiple sits in its own 14-yr range · 95th pct blended
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
ROE 8% against ROIC 3% — 5% of the return on equity comes from leverage and buybacks rather than from the operating business.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 1.4× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Income | 16.0 | 16.7 | 17.1 | 16.4 | 14.3 | 15.6 | 18.3 | 18.9 |
| Income Tax | 1.9 | 3.1 | 2.4 | 2.4 | 2.0 | 2.4 | 2.8 | 2.9 |
| Net Income | 7.4 | 10.1 | 7.7 | 7.6 | 7.4 | 8.1 | 9.5 | 9.4 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on UTL: price, valuation and headline fundamentals from SEC filings. The four questions at the top of the page are where the judgements live.
Earns -2.68pts against its cost of capital — capital is being consumed, not created.
| Period | ROIC | Cost of capital | Spread |
|---|---|---|---|
| FY2019 | 6.4% | 8.0% (today's — no rate published for this year) | -1.6pts |
| FY2020 | 5.7% | 8.0% (today's — no rate published for this year) | -2.3pts |
| FY2021 | 5.9% | 6.5% | -0.6pts |
| FY2022 | 5.8% | 7.4% | -1.6pts |
| FY2023 | 5.8% | 7.4% | -1.7pts |
| FY2024 | 5.5% | 8.1% | -2.6pts |
| FY2025 | 5.2% | 7.3% | -2.1pts |
| Now | 3.4% | 8.0% | -4.7pts |
| Fiscal year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| FY2016 | not reported | 18.3% | 7.1% |
| FY2017 | not reported | 18.6% | 7.1% |
| FY2018 | not reported | 16.0% | 7.4% |
| FY2019 | not reported | 16.7% | 10.1% |
| FY2020 | not reported | 17.1% | 7.7% |
| FY2021 | not reported | 16.4% | 7.6% |
| FY2022 | not reported | 14.3% | 7.4% |
| FY2023 | not reported | 15.6% | 8.1% |
| FY2024 | not reported | 18.3% | 9.5% |
| FY2025 | not reported | 18.9% | 9.4% |
Leverage and buybacks account for 5 points of the 8% return on equity in FY2025. The business earns 3% on the capital it employs; the rest is balance sheet.
ROE is on average equity; ROIC is NOPAT over average invested capital (debt plus equity less excess cash). The gap is not a single adjustment.
$7M of goodwill — 0% of invested capital. The gap is what was paid above the fair value of what was bought; it is real capital shareholders provided, so neither bar is the whole answer.
The spread was positive in only 0 of the last 5 years.
Free cash flow has fallen short of reported profit in 3 of the last three years.
Shares outstanding are up 20% since FY2019 — per-share cash flow has grown more slowly than the totals above, and the gap is the owners'.
Missing from our data, so excluded from this answer: share_based_compensation.
Debt is present but there is no positive EBITDA or no reported interest expense, so coverage cannot be measured.
Balance sheet at 2025-12-31. Undrawn revolving credit is not shown: the tag is collected but not yet mapped through to the API.
No material counter-signal in the checked set: net debt / EBITDA, interest coverage, stressed coverage, maturity schedule vs cash and one year of FCF, liquidity ratios.
Missing from our data, so excluded from this answer: ebitda.
No positive free cash flow to discount, so the price cannot be expressed as a growth requirement.
The percentile ranks the FISCAL-YEAR point, because the distribution behind each strip is built from fiscal-year closes — ranking a TTM figure inside it would compare two different bases. TTM basis: TTM.
No material counter-signal in the checked set: reverse-DCF implied growth, historical FCF CAGR, per-year FCF growth distribution, reporting-basis breaks, discount rate used, free-cash-flow basis (stock comp charged?).
Missing from our data, so excluded from this answer: free_cash_flow.
| Step | Amount | Running total |
|---|---|---|
| Net income | $50M | $50M |
| Share-based comp | not reported | not reported |
| Other non-cash & working capital | $81M | $131M |
| Operating cash flow | $131M | $131M |
| Capex | −$185M | −$54M |
| Free cash flow | −$54M | −$54M |
| Fiscal year | Revenue growth | Receivables growth | Gap |
|---|---|---|---|
| FY2020 | -4.5% | 12.5% | 17.0 points |
| FY2021 | 13.1% | 7.9% | -5.2 points |
| FY2022 | 19.0% | 10.3% | -8.7 points |
| FY2023 | -1.1% | 1.6% | 2.7 points |
| FY2024 | -11.2% | 0.0% | 11.2 points |
| FY2025 | 8.3% | 31.5% | 23.1 points |
| Fiscal year | DSO | DIO | DPO | Cash conversion cycle |
|---|---|---|---|---|
| FY2019 | 45.9 days | not reported | not reported | not reported |
| FY2020 | 54.1 days | not reported | not reported | not reported |
| FY2021 | 51.6 days | not reported | not reported | not reported |
| FY2022 | 47.8 days | not reported | not reported | not reported |
| FY2023 | 49.1 days | not reported | not reported | not reported |
| FY2024 | 55.3 days | not reported | not reported | not reported |
| FY2025 | 67.1 days | not reported | not reported | not reported |
| Fiscal year | Accruals / assets |
|---|---|
| FY2019 | -4.4 percent |
| FY2020 | -2.9 percent |
| FY2021 | -4.7 percent |
| FY2022 | -3.5 percent |
| FY2023 | -3.7 percent |
| FY2024 | -4.4 percent |
| FY2025 | -3.8 percent |