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Held by 221 of 5,944 reporting institutions (92th 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.
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
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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.02B 100.0% | $6.22B 100.0% | $6.89B 100.0% | $7.11B 100.0% | $7.04B 100.0% | $7.02B 100.0% | $9.07B 100.0% | $117.0M 100.0% | $9.99B 100.0% |
| Gross Profit | — | — | — | $275.0M 3.9% | $375.0M 5.3% | — | — | — | — |
| Selling, General & Admin | $1.65B 23.6% | $1.54B 24.7% | $1.70B 24.6% | $1.76B 24.8% | $1.72B 24.4% | $1.85B 26.4% | $2.08B 23.0% | $2.38B 2033.3% | $2.51B 25.2% |
| Total Operating Expenses | $7.51B 106.9% | $7.44B 119.5% | $6.91B 100.4% | $7.43B 104.6% | $7.51B 106.7% | $6.77B 96.4% | $8.24B 90.9% | $9.11B 7788.9% | $9.47B 94.7% |
| Interest Expense | $334.0M 4.8% | $225.0M 3.6% | $198.0M 2.9% | $199.0M 2.8% | $207.0M 2.9% | $215.0M 3.1% | $236.0M 2.6% | $244.0M 208.5% | $252.0M 2.5% |
| Interest & Investment Income | $14.0M 0.2% | $14.0M 0.2% | $16.0M 0.2% | — | — | — | — | — | — |
| Pretax Income | — | — | — | -$328.0M -4.6% | -$475.0M -6.7% | $252.0M 3.6% | $822.0M 9.1% | $549.0M 469.2% | $525.0M 5.3% |
| Income Tax Expense | $541.0M 7.7% | $105.0M 1.7% | -$29.0M -0.4% | -$3.0M -0.0% | -$17.0M -0.2% | $64.0M 0.9% | $179.0M 2.0% | $247.0M 211.1% | $468.0M 4.7% |
| Net Income | -$1.03B -14.7% | -$1.32B -21.2% | $1.0M 0.0% | -$322.0M -4.5% | -$455.0M -6.5% | $192.0M 2.7% | $1.35B 14.9% | $361.0M 308.5% | $195.0M 2.0% |
| Per Share | |||||||||
| EPS (Basic) | $-8.25 | $-10.75 | $-0.09 | $-2.15 | $-2.56 | $0.85 | $6.03 | $1.40 | $0.71 |
| EPS (Diluted) | $-8.25 | $-10.75 | $-0.09 | $-2.15 | $-2.56 | $0.84 | $5.80 | $1.38 | $0.71 |
| Weighted Avg Shares (Basic) | 126.5M | 124.2M | 149.1M | 156.0M | 183.2M | 209.0M | 222.0M | 248.7M | 254.3M |
| Weighted Avg Shares (Diluted) | — | — | — | — | 183.2M | 209.0M | 222.0M | 251.7M | 256.6M |
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.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Coverage data unavailable.
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 30% of free cash flow, leaving room to grow it and fund buybacks. Last year: $57M dividends + $0 buybacks = $57M returned on $187M 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 9 years — and what it earned on reinvestment.
A cash-return story — far more went to shareholders than back into the business (mature, low-reinvestment).
Insufficient data. Current ROIC on all capital: -22%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 9 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 $512M covers the $236M due within a year 2.2× over. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest expense isn't separately reported — often netted into “other income (expense), net.” Effective rate ~7.9% on $4.2B of debt.
Cash of $512M fully covers short-term debt of $231M.
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 standout strengths flagged.
Where each multiple sits in its own 9-yr range
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 9-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
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
Operating leverage needs meaningful revenue change.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Gross Profit | — | — | — | 5.3 | 3.9 | — | — | — |
| SG&A | 2033.3 | 23.0 | 26.4 | 24.4 | 24.8 | 24.6 | 24.7 | 23.6 |
| Income Tax | 211.1 | 2.0 | 0.9 | -0.2 | -0.0 | -0.4 | 1.7 | 7.7 |
| Net Income | 308.5 | 14.9 | 2.7 | -6.5 | -4.5 | 0.0 | -21.2 | -14.7 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on XRX: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.