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Held by 241 of 5,944 reporting institutions (93th percentile) — extremely crowded.
Data as of Q1 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.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $22.26 today, the market must believe free cash flow compounds 12.6%/yr for a decade (off $106M normalized FCF).
2-stage DCF · 0.12B shares (market data) · net debt $267M
mean -84.9% · volatility σ 111% · implied rate exceeded in 1/5 yrs
Central path = implied 12.6%/yr growth; shaded band = ±1σ (111%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
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.
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 2026-08-05 · 15d old
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 | $1.41B 100.0% | $1.45B 100.0% | $1.59B 100.0% | $1.39B 100.0% | $764.6M 100.0% | $605.1M 100.0% | $1.29B 100.0% | $1.53B 100.0% | $692.5M 100.0% | $302.4M 100.0% |
| Cost of Revenue | $1.20B 85.6% | $1.23B 84.9% | $1.35B 85.4% | $1.23B 88.4% | $743.8M 97.3% | $634.4M 104.8% | $1.14B 88.5% | $1.33B 87.0% | $634.7M 91.7% | $346.5M 114.6% |
| Gross Profit | $202.4M 14.4% | $219.5M 15.1% | $231.7M 14.6% | $160.8M 11.6% | $20.9M 2.7% | -$29.3M -4.8% | $148.7M 11.5% | $198.5M 13.0% | $57.8M 8.3% | -$44.1M -14.6% |
| Selling, General & Admin | $161.3M 11.5% | $160.0M 11.0% | $155.5M 9.8% | $118.9M 8.6% | $83.1M 10.9% | $74.4M 12.3% | $111.6M 8.6% | $103.2M 6.7% | $82.4M 11.9% | $34.6M 11.5% |
| Total Operating Expenses | $173.6M 12.3% | $165.0M 11.4% | $170.5M 10.8% | $121.6M 8.8% | $86.4M 11.3% | $365.5M 60.4% | $125.7M 9.7% | $136.8M 8.9% | $87.8M 12.7% | $254.8M 84.3% |
| Operating Income | $28.8M 2.0% | $54.5M 3.8% | $61.2M 3.9% | $39.2M 2.8% | -$65.5M -8.6% | -$394.8M -65.2% | $23.1M 1.8% | $61.7M 4.0% | -$30.0M -4.3% | -$299.0M -98.9% |
| Interest Expense | $23.2M 1.6% | $7.0M 0.5% | $4.4M 0.3% | $2.7M 0.2% | $1.7M 0.2% | $2.1M 0.4% | $2.7M 0.2% | $5.3M 0.3% | $6.6M 1.0% | $16.1M 5.3% |
| Other Income (Expense), net | -$1.1M -0.1% | -$573K -0.0% | $2.4M 0.2% | $4.7M 0.3% | $675K 0.1% | -$3.5M -0.6% | -$2.9M -0.2% | -$2.9M -0.2% | -$2.4M -0.3% | $629K 0.2% |
| Pretax Income | $19.9M 1.4% | $49.0M 3.4% | $19.0M 1.2% | $56.7M 4.1% | -$49.7M -6.5% | -$403.2M -66.6% | $6.1M 0.5% | $56.0M 3.7% | -$36.0M -5.2% | -$314.5M -104.0% |
| Income Tax Expense | -$1.6M -0.1% | $13.6M 0.9% | -$60.2M -3.8% | $957K 0.1% | $147K 0.0% | -$1.5M -0.2% | $1.9M 0.2% | $1.7M 0.1% | -$851K -0.1% | -$524K -0.2% |
| Net Income | $21.2M 1.5% | $30.6M 2.1% | $74.4M 4.7% | $48.3M 3.5% | -$42.2M -5.5% | -$338.7M -56.0% | $2.8M 0.2% | $36.5M 2.4% | -$16.8M -2.4% | -$1.0M -0.3% |
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.
3/8 of the 9 checks — 1 couldn't be scored (see above), so the score is out of the 8 with data.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Cash conversion lags reported earnings — watch accruals. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; 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.
Free-cash-flow coverage unavailable. Last year: $34M dividends + $7M buybacks = $41M returned on -$80M 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.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 2%. 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 $18M is below the $31M due within a year — relies on refinancing or operating cash flow. 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).
Thin coverage — earnings barely cover interest. Effective rate ~8.1% on $285M of debt.
Cash of $18M is below short-term debt of $31M — relies on refinancing/operations.
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.
EOD close · as of 2026-08-05
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
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
High operating leverage: profit moved 15.3× 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 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 87.0 | 88.5 | 104.8 | 97.3 | 88.4 | 85.4 | 84.9 | 85.6 |
| Gross Profit | 13.0 | 11.5 | -4.8 | 2.7 | 11.6 | 14.6 | 15.1 | 14.4 |
| SG&A | 6.7 | 8.6 | 12.3 | 10.9 | 8.6 | 9.8 | 11.0 | 11.5 |
| Operating Income | 4.0 | 1.8 | -65.2 | -8.6 | 2.8 | 3.9 | 3.8 | 2.0 |
| Income Tax | 0.1 | 0.2 | -0.2 | 0.0 | 0.1 | -3.8 | 0.9 | -0.1 |
| Net Income | 2.4 | 0.2 | -56.0 | -5.5 | 3.5 | 4.7 | 2.1 | 1.5 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on WTTR: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Ranked against 93 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ENIC | $310.6B | — | — | — | — | — | — | — | — | — | 165 |
| NMPWP | $287.4B | — | — | — | — | — | — | — | — | — | 5 |
| GEV | $274.4B | 57.5× | 137.0× | 7.2× | 9.0% | 19.8% | 12.8% | 43.7% | 43.4% | 0.0× | 2,989 |
| CEG | $82.7B | 35.8× | 21.7× | 3.2× | 8.3% | — | 9.1% | 16.0% | 9.9% | 2.2× | 1,836 |
| AEP | $68.4B | 19.0× | 13.2× | 3.1× | 10.9% | — | 16.9% | 11.9% | 4.8% | 5.3× | 1,854 |
| D | $60.0B | 19.8× | — | 3.6× | 14.2% | — | 18.2% | 10.3% | 3.8% | — | 1,421 |
| VST | $47.5B | 64.5× | 16.9× | 2.7× | 3.0% | — | 5.3% | 18.5% | 3.9% | 4.8× | 1,246 |
| ETR | $47.2B | 27.3× | 13.4× | 3.6× | 9.0% | — | 13.7% | 10.5% | 3.9% | 5.2× | 1,224 |
| EXC | $46.8B | — | 11.5× | 1.9× | 5.3% | — | 11.4% | 9.6% | 3.6% | 5.9× | 1,230 |
| ED | $39.1B | 19.2× | — | 2.3× | 10.9% | — | 0.0% | 0.0% | 0.0% | — | 1,368 |
| PEG | $37.6B | 17.9× | — | 3.1× | 18.3% | — | 17.3% | 12.4% | 5.5% | — | 1,231 |
| WEC | $35.2B | 22.5× | 14.9× | 3.6× | 14.0% | 66.7% | 15.9% | 11.1% | 4.5% | 5.5× | 1,310 |
| AEE | $30.1B | 20.4× | — | 3.4× | 15.4% | — | 16.6% | 10.9% | 4.5% | — | 884 |
| ATO | $27.9B | 23.1× | 12.1× | 5.9× | 12.9% | — | 25.5% | 8.8% | 8.8% | — | 961 |
| FE | $27.6B | 27.1× | 7.2× | 1.8× | 12.0% | — | 6.8% | 8.2% | 7.9% | 0.1× | 894 |
| ES | $27.2B | 15.9× | 10.0× | 2.0× | 13.8% | — | 12.5% | 10.5% | 3.9% | 5.0× | 1,012 |
| CNP | $26.5B | 25.4× | 13.1× | 2.8× | 8.3% | 100.0% | 11.2% | 9.4% | 3.3% | 5.8× | 774 |
| EIX | $26.3B | 5.9× | 6.3× | 1.4× | 9.8% | — | 23.1% | 25.4% | 8.0% | 3.7× | 1,005 |
| AWK | $26.2B | 23.6× | 10.0× | 5.1× | 10.1% | — | 21.7% | 10.3% | 8.9% | 0.6× | 1,100 |
| NRG | $23.0B | 30.1× | 10.7× | 0.8× | 9.2% | — | 2.8% | 51.4% | 4.8% | 5.0× | 1,010 |
| CEPU | $21.6B | — | — | — | — | — | — | — | — | — | 52 |
| NI | $20.5B | 22.0× | 7.0× | 3.1× | 23.5% | — | 14.3% | 9.8% | 9.1% | 0.2× | 831 |
| EVRG | $19.1B | 22.7× | 13.0× | 3.2× | 2.0% | — | 14.4% | 8.4% | 3.7% | 5.3× | 872 |
| LNT | $18.1B | 22.4× | 15.2× | 4.1× | 9.6% | 85.7% | 18.6% | 11.0% | 4.4% | 5.9× | 819 |
| TLN | $15.1B | — | 112.0× | 5.8× | 22.0% | — | -8.5% | -20.0% | -2.8% | 35.9× | 551 |
| WTTR | $2.8B | — | 88.9× | 2.0× | -3.1% | 14.4% | 1.5% | 2.6% | 1.9% | 8.4× | 241 |
Peers = companies sharing WTTR's sector (Utilities) 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.