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Held by 511 of 5,944 reporting institutions (97th percentile) — extremely crowded.
Data as of Q1 2026
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Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $84.08 today, the market must believe free cash flow compounds 12.8%/yr for a decade (off $600M normalized FCF).
The market's 12.8% is more conservative than its 9-yr track record.
2-stage DCF · 0.19B shares · net debt $1.9B
mean 31.3% · volatility σ 69% · implied rate exceeded in 4/9 yrs
Central path = implied 12.8%/yr growth; shaded band = ±1σ (69%) 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 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 | $4.59B 100.0% | $4.28B 100.0% | $3.68B 100.0% | $1.73B 100.0% | $1.42B 100.0% | $1.38B 100.0% | $1.32B 100.0% | $1.17B 100.0% | $971.2M 100.0% | $1.13B 100.0% |
| Cost of Services | — | — | — | — | — | — | — | — | $79.0M 8.1% | $66.1M 5.9% |
| Gross Profit | — | — | — | — | — | — | — | — | $531.5M 54.7% | $188.6M 16.7% |
| Selling, General & Admin | $905.2M 19.7% | $773.9M 18.1% | $743.7M 20.2% | $539.9M 31.1% | $456.2M 32.2% | $410.3M 29.8% | $382.4M 29.0% | $382.7M 32.7% | $323.3M 33.3% | $283.5M 25.2% |
| Total Operating Expenses | $3.87B 84.3% | $3.53B 82.3% | $3.21B 87.3% | $1.45B 83.7% | $1.18B 83.1% | $1.12B 81.0% | $1.10B 83.1% | $984.8M 84.2% | $863.7M 88.9% | $991.3M 88.0% |
| Operating Income | $713.4M 15.5% | $761.2M 17.8% | $471.3M 12.8% | $453.5M 26.2% | $241.0M 17.0% | $263.2M 19.1% | $223.2M 16.9% | $185.2M 15.8% | $107.5M 11.1% | $135.7M 12.0% |
| Interest Expense | $191.6M 4.2% | $233.7M 5.5% | $213.8M 5.8% | $57.9M 3.3% | $37.0M 2.6% | $35.6M 2.6% | $41.3M 3.1% | $44.5M 3.8% | $38.3M 3.9% | $5.6M 0.5% |
| Interest & Investment Income | $14.9M 0.3% | $26.2M 0.6% | $22.0M 0.6% | $7.0M 0.4% | $1.4M 0.1% | $2.3M 0.2% | — | — | $3.2M 0.3% | $1.9M 0.2% |
| Other Income (Expense), net | -$100K -0.0% | -$1.7M -0.0% | $4.7M 0.1% | $1.1M 0.1% | $1.9M 0.1% | $6.0M 0.4% | $8.8M 0.7% | $11.8M 1.0% | $8.2M 0.8% | $7.1M 0.6% |
| Pretax Income | $535.6M 11.7% | $550.1M 12.8% | $282.4M 7.7% | $406.0M 23.4% | $205.3M 14.5% | $235.9M 17.1% | $190.8M 14.5% | $152.5M 13.0% | $77.4M 8.0% | $130.5M 11.6% |
| Income Tax Expense | $108.0M 2.4% | $137.3M 3.2% | $76.4M 2.1% | $86.2M 5.0% | $53.4M 3.8% | $65.5M 4.8% | $41.6M 3.2% | $31.0M 2.7% | $2.1M 0.2% | $37.0M 3.3% |
| Net Income | $428.4M 9.3% | $413.1M 9.6% | $206.5M 5.6% | $319.7M 18.4% | $151.9M 10.7% | $170.1M 12.4% | $149.0M 11.3% | $121.5M 10.4% | $75.0M 7.7% | $91.8M 8.1% |
| Per Share | ||||||||||
| EPS (Basic) | $2.06 | $2.03 | $1.05 | $2.89 | $1.38 | $1.56 | $1.37 | $1.12 | $0.70 | $0.86 |
| EPS (Diluted) | $2.04 | $2.01 | $1.04 | $2.86 | $1.36 | $1.54 | $1.36 | $1.11 | $0.69 | $0.85 |
| Weighted Avg Shares (Basic) | 185.4M | 184.0M | 167.0M | 110.8M | 110.3M | 109.1M | 108.5M | 108.1M | 107.0M | 106.6M |
| Weighted Avg Shares (Diluted) | 186.9M | 185.3M | 168.2M | 111.9M | 111.4M | 110.3M | 109.8M | 109.4M | 108.1M | 107.5M |
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.
7/8 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.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage falling 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: $0 dividends + $0 buybacks = $0 returned on $719M 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: 5%. 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 $532M covers the $51M due within a year 10.4× 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 ~7.9% on $2.4B of debt.
Cash of $532M fully covers short-term debt of $138M.
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 | $28.75T | — | — | — | — | — | — | — | — | — | 160 |
| CAT | $364.2B | 41.6× | 29.1× | 5.4× | 4.3% | 33.8% | 13.1% | 41.7% | 15.4% | 2.7× | 3,616 |
| GE | $328.2B | 38.4× | — | 7.2× | 18.5% | — | 19.0% | 46.6% | 22.2% | — | 3,077 |
| RTX | $264.2B | 39.7× | 18.8× | 3.0× | 9.7% | — | 7.6% | 10.3% | 10.3% | 0.0× | 3,277 |
| BA | $204.4B | 81.4× | 41.0× | 2.3× | 34.5% | 4.8% | 2.5% | 41.0% | 3.3% | 10.0× | 2,435 |
| DE | $181.0B | 36.2× | — | 4.0× | -11.7% | — | 11.0% | 19.4% | 12.6% | — | 2,491 |
| ABBNY | $174.3B | 47.1× | 31.1× | 5.4× | 9.5% | 34.8% | 11.9% | 28.5% | 20.4% | 0.9× | 48 |
| UNP | $166.7B | 23.4× | 16.0× | 6.8× | 1.1% | — | 29.1% | 38.7% | 14.2% | 2.6× | 2,648 |
| ETN | $154.3B | 38.1× | — | 5.6× | 10.3% | 37.6% | 14.9% | 21.0% | 13.9% | — | 2,398 |
| HON | $131.9B | 28.2× | 16.2× | 3.5× | 7.8% | 36.9% | 12.6% | 34.0% | 9.8% | 3.6× | 2,694 |
| LMT | $123.0B | 25.0× | 16.1× | 1.6× | 5.6% | 10.2% | 6.7% | 74.6% | 17.7% | 2.5× | 2,807 |
| PH | $117.9B | 33.9× | 26.6× | 5.9× | -0.4% | 36.9% | 17.8% | 25.8% | 16.7% | 1.6× | 1,845 |
| ADP | $108.7B | 25.0× | — | 5.0× | 6.7% | 46.4% | 20.1% | 73.2% | 40.1% | — | 2,179 |
| GD | $97.3B | 23.3× | 17.1× | 1.9× | 10.1% | — | 8.0% | 16.4% | 12.5% | 1.3× | 2,123 |
| TT | $94.0B | 32.5× | 23.2× | 4.4× | 7.5% | — | 13.7% | 34.0% | 22.1% | 1.1× | 1,658 |
| PWR | $92.6B | 91.1× | 46.0× | 3.3× | 20.3% | 15.0% | 3.6% | 11.5% | 10.6% | 0.4× | 1,659 |
| VRT | $91.6B | 70.2× | 43.4× | 8.9× | 27.7% | 36.3% | 13.0% | 33.8% | 19.4% | 1.4× | 1,748 |
| JCI | $91.6B | 27.9× | — | 3.9× | 2.8% | 36.4% | 13.9% | 25.5% | 14.4% | — | 1,487 |
| HWM | $91.5B | 61.4× | 40.3× | 11.1× | 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 | $86.2B | 27.1× | 16.6× | 3.5× | 1.5% | 39.9% | 13.0% | 69.1% | 18.8% | 2.1× | 2,051 |
| WM | $86.2B | 31.9× | 12.1× | 3.4× | 14.2% | 40.4% | 10.7% | 27.1% | 25.3% | 0.1× | 2,262 |
| UPS | $83.9B | 15.1× | 9.4× | 0.9× | -2.6% | — | 6.3% | 34.3% | 13.8% | 2.2× | 2,025 |
| EMR | $82.1B | 36.1× | — | 4.6× | 3.0% | 52.8% | 12.7% | 11.3% | 6.9% | — | 2,112 |
| CTAS | $80.4B | 45.3× | 28.9× | 7.8× | 7.7% | 50.0% | 17.5% | 38.7% | 25.5% | 0.8× | 1,366 |
| RBA | $15.6B | 41.3× | 14.6× | 3.4× | 7.2% | — | 9.3% | 7.7% | 5.4% | 2.0× | 511 |
Peers = companies sharing RBA'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
No material risks flagged.
Where each multiple sits in its own 13-yr range · 41th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 13-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
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| SG&A | 32.7 | 29.0 | 29.8 | 32.2 | 31.1 | 20.2 | 18.1 | 19.7 |
| Operating Income | 15.8 | 16.9 | 19.1 | 17.0 | 26.2 | 12.8 | 17.8 | 15.5 |
| Income Tax | 2.7 | 3.2 | 4.8 | 3.8 | 5.0 | 2.1 | 3.2 | 2.4 |
| Net Income | 10.4 | 11.3 | 12.4 | 10.7 | 18.4 | 5.6 | 9.6 | 9.3 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on RBA: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.