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Held by 264 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.
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
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $81.55 today, the market must believe free cash flow compounds 10.2%/yr for a decade (off $314M normalized FCF).
The market's 10.2% is more optimistic than its 9-yr track record.
2-stage DCF · 0.06B shares · net debt $2.6B
mean -41.7% · volatility σ 234% · implied rate exceeded in 2/7 yrs
Central path = implied 10.2%/yr growth; shaded band = ±1σ (234%) 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.
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 | $10.72B 100.0% | $11.85B 100.0% | $16.47B 100.0% | $19.80B 100.0% | $10.65B 100.0% | $7.30B 100.0% | $9.30B 100.0% | $10.23B 100.0% | $7.27B 100.0% | $4.20B 100.0% |
| Cost of Revenue | $10.11B 94.3% | $11.90B 100.4% | $15.92B 96.7% | $19.05B 96.2% | $10.40B 97.6% | $7.56B 103.6% | $8.41B 90.4% | $9.26B 90.5% | $6.84B 94.1% | $4.17B 99.2% |
| Cost of Products | — | — | — | — | — | — | — | $8.56B 83.7% | $6.33B 87.1% | $3.81B 90.8% |
| Selling, General & Admin | $269.5M 2.5% | $252.8M 2.1% | $272.0M 1.7% | $313.7M 1.6% | $200.4M 1.9% | $234.6M 3.2% | $274.7M 3.0% | $247.6M 2.4% | $175.9M 2.4% | $106.1M 2.5% |
| Total Operating Expenses | $10.42B 97.2% | $12.34B 104.1% | $16.22B 98.5% | $19.34B 97.7% | $10.68B 100.3% | $8.03B 110.0% | $580.2M 6.2% | $538.5M 5.3% | $375.7M 5.2% | $247.0M 5.9% |
| Operating Income | $301.0M 2.8% | -$491.5M -4.1% | $244.7M 1.5% | $457.5M 2.3% | -$34.7M -0.3% | -$732.3M -10.0% | $492.3M 5.3% | $611.9M 6.0% | $180.3M 2.5% | -$49.2M -1.2% |
| Interest Expense | — | — | $61.4M 0.4% | $23.4M 0.1% | $18.1M 0.2% | $129.0M 1.8% | $131.1M 1.4% | $125.9M 1.2% | $93.8M 1.3% | $54.4M 1.3% |
| Interest & Investment Income | — | — | — | — | $500K 0.0% | $3.3M 0.0% | $11.3M 0.1% | $5.8M 0.1% | $4.0M 0.1% | $1.5M 0.0% |
| Other Income (Expense), net | -$262.1M -2.4% | -$214.5M -1.8% | -$228.1M -1.4% | -$135.7M -0.7% | -$102.6M -1.0% | -$35.1M -0.5% | -$89.6M -1.0% | -$126.4M -1.2% | $119.0M 1.6% | -$342.0M -8.1% |
| Pretax Income | $38.9M 0.4% | -$706.0M -6.0% | $16.6M 0.1% | $321.8M 1.6% | -$137.3M -1.3% | -$767.4M -10.5% | $402.7M 4.3% | $485.5M 4.7% | $299.3M 4.1% | -$391.2M -9.3% |
| Income Tax Expense | -$6.8M -0.1% | -$107.9M -0.9% | -$3.0M -0.0% | $56.4M 0.3% | -$42.0M -0.4% | -$193.6M -2.7% | $71.7M 0.8% | $101.9M 1.0% | -$29.2M -0.4% | -$171.5M -4.1% |
| Net Income | -$22.8M -0.2% | -$560.4M -4.7% | $19.8M 0.1% | $257.1M 1.3% | -$128.3M -1.2% | -$611.4M -8.4% | $310.6M 3.3% | $340.1M 3.3% | $288.8M 4.0% | -$153.7M -3.7% |
| Per Share | ||||||||||
| EPS (Basic) | $-0.38 | $-8.77 | $0.30 | $3.63 | $-1.73 | $-8.31 | $4.10 | $4.11 | $4.04 | $-2.49 |
| EPS (Diluted) | $-0.38 | $-8.77 | $0.30 | $3.59 | $-1.73 | $-8.31 | $4.06 | $3.95 | $4.00 | $-2.49 |
| Weighted Avg Shares (Basic) | 60.7M | 63.9M | 65.4M | 70.8M | 74.0M | 73.6M | 75.9M | 82.8M | 71.6M | 61.9M |
| Weighted Avg Shares (Diluted) | 60.7M | 63.9M | 65.4M | 71.5M | 74.0M | 73.6M | 76.6M | 86.8M | 72.3M | 61.9M |
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.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
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.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Coverage data unavailable; 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 exceeds free cash flow (984%) — funded from the balance sheet or debt, a red flag if it persists. Last year: $62M dividends + $0 buybacks = $62M returned on $6M FCF.
4 consecutive years of dividend increases · 7%/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.
Modest payoff on reinvested capital. Current ROIC on all capital: -1%. 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 $626M covers the $10M due within a year 65.9× 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).
Coverage is adequate but not comfortable. Effective rate ~2.4% on $2.6B of debt. Interest last disclosed in FY2023 (no longer broken out).
Cash of $626M fully covers short-term debt of $10M.
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 2026-09-17
No standout strengths flagged.
Nothing notable to watch.
Where each multiple sits in its own 11-yr range · 96th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 11-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 16.9× 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 | 90.5 | 90.4 | 103.6 | 97.6 | 96.2 | 96.7 | 100.4 | 94.3 |
| SG&A | 2.4 | 3.0 | 3.2 | 1.9 | 1.6 | 1.7 | 2.1 | 2.5 |
| Operating Income | 6.0 | 5.3 | -10.0 | -0.3 | 2.3 | 1.5 | -4.1 | 2.8 |
| Income Tax | 1.0 | 0.8 | -2.7 | -0.4 | 0.3 | -0.0 | -0.9 | -0.1 |
| Net Income | 3.3 | 3.3 | -8.4 | -1.2 | 1.3 | 0.1 | -4.7 | -0.2 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on DK: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
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 238 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| XOM | $682.3B | 24.4× | — | 2.0× | -5.0% | — | 8.7% | 11.1% | 10.7% | — | 4,568 |
| SHEL | $545.2B | — | — | — | — | — | — | — | — | — | 1,521 |
| CVX | $391.2B | 31.9× | — | 2.1× | -6.8% | 42.8% | 6.5% | 6.6% | 6.6% | — | 4,121 |
| TTE | $202.1B | — | — | — | — | — | — | — | — | — | 951 |
| COP | $166.8B | 21.0× | — | 2.8× | 7.7% | 62.1% | 13.6% | 12.4% | 12.2% | — | 2,450 |
| PBR | $155.8B | — | — | — | — | — | — | — | — | — | 524 |
| MPC | $128.7B | 31.9× | 11.0× | 1.0× | -4.4% | 10.0% | 3.0% | 23.4% | 20.6% | 0.2× | 1,802 |
| VLO | $127.5B | 54.5× | 24.1× | 1.0× | -5.5% | 4.4% | 1.9% | 9.9% | 7.1% | 1.7× | 1,781 |
| BP | $117.0B | — | — | — | — | — | — | — | — | — | 1,220 |
| PSX | $111.3B | 25.4× | — | 0.8× | -7.5% | 12.3% | 3.3% | 15.1% | 14.6% | — | 2,041 |
| EQNR | $110.8B | — | — | — | — | — | — | — | — | — | 398 |
| WMB | $87.7B | 33.6× | 17.8× | 7.3× | 13.8% | — | 21.9% | 20.4% | 6.3% | 4.4× | 1,736 |
| EPD | $84.1B | — | 12.6× | 1.6× | -6.4% | 26.7% | 11.0% | — | — | 3.7× | 1,573 |
| EOG | $79.0B | 15.9× | 7.7× | 3.5× | -4.5% | — | 22.0% | 16.7% | 13.2% | 0.7× | 1,525 |
| SLB | $77.9B | 22.2× | — | 2.2× | -1.6% | — | 9.4% | 12.9% | 9.4% | — | 1,624 |
| ET | $72.5B | — | 9.8× | 0.8× | 3.5% | 25.8% | 5.2% | 9.0% | 3.8% | 4.8× | 1,244 |
| KMI | $69.7B | 22.9× | 14.2× | 4.1× | 12.2% | — | 18.0% | 9.8% | 4.8% | 4.5× | 1,745 |
| TRGP | $61.2B | 33.6× | 16.2× | 3.6× | 3.9% | 38.3% | 11.3% | 62.7% | 9.4% | 3.6× | 979 |
| TS | $60.6B | — | — | — | — | — | — | — | — | — | 248 |
| MPLX | $59.4B | — | — | 4.6× | 8.9% | — | 38.1% | — | — | — | 622 |
| LNG | $59.3B | 11.2× | 7.8× | 3.0× | 27.2% | — | 26.7% | 67.3% | 17.3% | 2.2× | 1,303 |
| OKE | $58.7B | 17.2× | 12.4× | 1.8× | 55.0% | 30.5% | 10.1% | 15.1% | 6.3% | 4.4× | 1,622 |
| OXY | $58.5B | 36.8× | — | 2.7× | -1.9% | — | 11.0% | 6.6% | 4.2% | — | 1,250 |
| BKR | $56.2B | — | — | 2.0× | -0.3% | — | 9.3% | 13.7% | 13.3% | — | 1,095 |
| FANG | $56.0B | 34.4× | 11.2× | 3.7× | 35.8% | — | 11.1% | 4.5% | 3.2% | 2.3× | 1,141 |
| DK | $5.0B | — | 10.8× | 0.5× | -9.5% | 5.7% | -0.2% | -4.2% | -0.6% | 4.6× | 264 |
Peers = companies sharing DK's sector (Energy) 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.