Loading institutional data...
Loading institutional data...
Held by 941 of 5,944 reporting institutions (99th 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.
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 2026-09-17
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 | $2.02B 100.0% | $1.47B 100.0% | $1.33B 100.0% | $1.20B 100.0% | $972.2M 100.0% | $794.2M 100.0% | $785.2M 100.0% | $632.6M 100.0% | $365.6M 100.0% | $208.5M 100.0% |
| Cost of Revenue | $1.44B 71.0% | $1.07B 72.5% | $1.14B 85.2% | $1.05B 87.6% | $774.6M 79.7% | $628.5M 79.1% | $687.6M 87.6% | $526.9M 83.3% | $381.9M 104.5% | $312.0M 149.6% |
| Gross Profit | $587.4M 29.0% | $404.6M 27.5% | $197.8M 14.8% | $148.3M 12.4% | $197.6M 20.3% | $165.8M 20.9% | $97.6M 12.4% | $105.8M 16.7% | -$16.3M -4.5% | -$103.5M -49.6% |
| Research & Development | $186.0M 9.2% | $148.6M 10.1% | $155.9M 11.7% | $150.6M 12.6% | $103.4M 10.6% | $83.6M 10.5% | $104.2M 13.3% | $89.1M 14.1% | $51.1M 14.0% | $46.8M 22.5% |
| Selling, General & Admin | $198.4M 9.8% | $165.1M 11.2% | $160.9M 12.1% | $167.7M 14.0% | $122.2M 12.6% | $107.1M 13.5% | $152.7M 19.4% | $118.8M 18.8% | $55.7M 15.2% | $61.5M 29.5% |
| Total Operating Expenses | $514.6M 25.4% | $381.7M 25.9% | $406.7M 30.5% | $409.3M 34.1% | $312.1M 32.1% | $246.6M 31.0% | $330.4M 42.1% | $270.8M 42.8% | $138.8M 38.0% | $137.5M 65.9% |
| Operating Income | $72.8M 3.6% | $22.9M 1.6% | -$208.9M -15.7% | -$261.0M -21.8% | -$114.5M -11.8% | -$80.8M -10.2% | -$232.8M -29.6% | -$165.0M -26.1% | -$155.1M -42.4% | -$241.0M -115.6% |
| Interest Expense | $53.9M 2.7% | $62.6M 4.2% | $108.3M 8.1% | $53.5M 4.5% | $69.0M 7.1% | $78.8M 9.9% | $94.2M 12.0% | $105.9M 16.7% | $124.3M 34.0% | $81.2M 38.9% |
| Other Income (Expense), net | $2.2M 0.1% | $15.9M 1.1% | -$2.8M -0.2% | $5.0M 0.4% | -$8.1M -0.8% | -$8.3M -1.0% | $706K 0.1% | -$999K -0.2% | -$491K -0.1% | -$773K -0.4% |
| Pretax Income | -$84.4M -4.2% | -$26.4M -1.8% | -$306.0M -23.0% | -$314.0M -26.2% | -$192.3M -19.8% | -$178.8M -22.5% | -$322.8M -41.1% | -$289.7M -45.8% | -$294.4M -80.5% | -$335.6M -160.9% |
| Income Tax Expense | $2.7M 0.1% | $846K 0.1% | $1.9M 0.1% | $1.1M 0.1% | $1.0M 0.1% | $256K 0.0% | $633K 0.1% | $1.5M 0.2% | $636K 0.2% | $729K 0.3% |
| Net Income | -$87.1M -4.3% | -$27.2M -1.8% | -$302.1M -22.7% | -$301.7M -25.2% | -$164.4M -16.9% | -$157.6M -19.8% | -$304.4M -38.8% | -$273.5M -43.2% | -$276.4M -75.6% | -$279.7M -134.1% |
| Per Share | ||||||||||
| EPS (Basic) | $-0.37 | $-0.13 | $-1.42 | $-1.62 | $-0.95 | $-1.14 | $-2.67 | — | — | — |
| EPS (Diluted) | $-0.37 | $-0.13 | $-1.42 | $-1.62 | $-0.95 | $-1.14 | $-2.67 | — | — | — |
| Weighted Avg Shares (Basic) | 240.4M | 227.4M | 212.7M | 185.9M | 173.4M | 138.7M | 115.1M | 53.3M | 10.2M | 10.0M |
| Weighted Avg Shares (Diluted) | 240.4M | 227.4M | 212.7M | 185.9M | 173.4M | 138.7M | 115.1M | 53.3M | 10.2M | 10.0M |
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.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $280.76 today, the market must believe free cash flow compounds 72.8%/yr for a decade (off $45M normalized FCF).
The market's 72.8% is more optimistic than its 6-yr track record.
2-stage DCF · 0.24B shares · net debt $164M
mean -74.4% · volatility σ 208% · implied rate exceeded in 0/2 yrs
Central path = implied 72.8%/yr growth; shaded band = ±1σ (208%) 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.
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
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).
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.
No dividend to cover. Last year: $947000 dividends + $0 buybacks = $947000 returned on $57M 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: -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.
Cash of $2.5B covers the $4M due within a year 619.9× over. Scheduled principal only (excludes interest & revolver draws). As of 2026-03-31 (10-Q).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Effective rate ~2.1% on $2.6B of debt.
Cash of $2.5B fully covers short-term debt of $4M.
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.
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.
Ranked against 651 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LTM | $29.49T | — | — | — | — | — | — | — | — | — | 160 |
| CAT | $371.6B | 42.5× | 29.7× | 5.5× | 4.3% | 33.8% | 13.1% | 41.7% | 15.4% | 2.7× | 3,616 |
| GE | $328.8B | 38.5× | — | 7.2× | 18.5% | — | 19.0% | 46.6% | 22.2% | — | 3,077 |
| RTX | $259.8B | 39.0× | 18.5× | 2.9× | 9.7% | — | 7.6% | 10.3% | 10.3% | 0.0× | 3,277 |
| BA | $199.4B | 79.4× | 40.2× | 2.2× | 34.5% | 4.8% | 2.5% | 41.0% | 3.3% | 10.0× | 2,435 |
| DE | $185.4B | 37.1× | — | 4.1× | -11.7% | — | 11.0% | 19.4% | 12.6% | — | 2,491 |
| ABBNY | $177.4B | 47.9× | 31.6× | 5.5× | 9.5% | 34.8% | 11.9% | 28.5% | 20.4% | 0.9× | 48 |
| UNP | $167.6B | 23.6× | 16.1× | 6.8× | 1.1% | — | 29.1% | 38.7% | 14.2% | 2.6× | 2,648 |
| ETN | $158.8B | 39.2× | — | 5.8× | 10.3% | 37.6% | 14.9% | 21.0% | 13.9% | — | 2,398 |
| HON | $131.2B | 28.1× | 16.1× | 3.5× | 7.8% | 36.9% | 12.6% | 34.0% | 9.8% | 3.6× | 2,694 |
| LMT | $123.2B | 25.0× | 16.1× | 1.6× | 5.6% | 10.2% | 6.7% | 74.6% | 17.7% | 2.5× | 2,807 |
| PH | $118.7B | 34.1× | 26.8× | 6.0× | -0.4% | 36.9% | 17.8% | 25.8% | 16.7% | 1.6× | 1,845 |
| ADP | $108.3B | 24.9× | — | 4.9× | 6.7% | 46.4% | 20.1% | 73.2% | 40.1% | — | 2,179 |
| GD | $96.2B | 23.0× | 16.9× | 1.8× | 10.1% | — | 8.0% | 16.4% | 12.5% | 1.3× | 2,123 |
| TT | $94.4B | 32.6× | 23.3× | 4.4× | 7.5% | — | 13.7% | 34.0% | 22.1% | 1.1× | 1,658 |
| VRT | $92.4B | 70.8× | 43.8× | 9.0× | 27.7% | 36.3% | 13.0% | 33.8% | 19.4% | 1.4× | 1,748 |
| PWR | $92.2B | 90.7× | 45.8× | 3.2× | 20.3% | 15.0% | 3.6% | 11.5% | 10.6% | 0.4× | 1,659 |
| JCI | $91.9B | 28.0× | — | 3.9× | 2.8% | 36.4% | 13.9% | 25.5% | 14.4% | — | 1,487 |
| HWM | $90.7B | 60.9× | 39.9× | 11.0× | 11.1% | — | 18.3% | 28.2% | 17.9% | 1.3× | 1,399 |
| CSX | $89.1B | 31.1× | 14.4× | 6.3× | -3.1% | — | 20.5% | 22.0% | 22.0% | — | 1,791 |
| MMM | $87.3B | 27.4× | 16.8× | 3.5× | 1.5% | 39.9% | 13.0% | 69.1% | 18.8% | 2.1× | 2,051 |
| WM | $86.0B | 31.8× | 12.1× | 3.4× | 14.2% | 40.4% | 10.7% | 27.1% | 25.3% | 0.1× | 2,262 |
| UPS | $85.0B | 15.3× | 9.5× | 1.0× | -2.6% | — | 6.3% | 34.3% | 13.8% | 2.2× | 2,025 |
| EMR | $83.0B | 36.5× | — | 4.6× | 3.0% | 52.8% | 12.7% | 11.3% | 6.9% | — | 2,112 |
| CTAS | $79.8B | 45.0× | 28.7× | 7.7× | 7.7% | 50.0% | 17.5% | 38.7% | 25.5% | 0.8× | 1,366 |
| BE | $67.5B | — | 548.4× | 33.4× | 37.3% | 29.0% | -4.3% | -11.3% | -2.6% | 21.2× | 941 |
Peers = companies sharing BE's sector (Industrials) 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.
EOD close · as of 2026-09-17
Where each multiple sits in its own 8-yr range · 100th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 8-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
High operating leverage: profit moved 5.8× 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 | 83.3 | 87.6 | 79.1 | 79.7 | 87.6 | 85.2 | 72.5 | 71.0 |
| Gross Profit | 16.7 | 12.4 | 20.9 | 20.3 | 12.4 | 14.8 | 27.5 | 29.0 |
| R&D | 14.1 | 13.3 | 10.5 | 10.6 | 12.6 | 11.7 | 10.1 | 9.2 |
| SG&A | 18.8 | 19.4 | 13.5 | 12.6 | 14.0 | 12.1 | 11.2 | 9.8 |
| Operating Income | -26.1 | -29.6 | -10.2 | -11.8 | -21.8 | -15.7 | 1.6 | 3.6 |
| Income Tax | 0.2 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Net Income | -43.2 | -38.8 | -19.8 | -16.9 | -25.2 | -22.7 | -1.8 | -4.3 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on BE: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.