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Held by 718 of 5,944 reporting institutions (98th 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 $101.27 today, the market must believe free cash flow compounds 6.8%/yr for a decade (off $3.1B normalized FCF).
The market's 6.8% is more conservative than its 5-yr track record.
2-stage DCF · 0.61B shares (market data) · net debt -$4.2B
mean -81.1% · volatility σ 239% · implied rate exceeded in 2/3 yrs
Central path = implied 6.8%/yr growth; shaded band = ±1σ (239%) 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.
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 | $22.94B 100.0% | $16.82B 100.0% | $13.06B 100.0% | $12.45B 100.0% | $9.96B 100.0% | $4.38B 100.0% | $2.18B 100.0% | $827.0M 100.0% | $414.2M 100.0% | $345.7M 100.0% |
| Cost of Revenue | $12.69B 55.3% | $9.61B 57.2% | $7.23B 55.3% | $7.26B 58.4% | $6.06B 60.9% | $3.03B 69.2% | $1.57B 72.2% | $812.2M 98.2% | $326.9M 78.9% | $232.6M 67.3% |
| Cost of Services | — | — | — | — | — | — | — | — | $218.0M 52.6% | $185.3M 53.6% |
| Gross Profit | $10.24B 44.7% | $7.21B 42.8% | $5.83B 44.7% | $5.19B 41.6% | $3.90B 39.1% | $1.35B 30.8% | $604.9M 27.8% | $14.8M 1.8% | $87.3M 21.1% | $113.1M 32.7% |
| Research & Development | $1.16B 5.0% | $1.21B 7.2% | $1.16B 8.9% | $1.38B 11.1% | $831.7M 8.4% | $353.8M 8.1% | $156.6M 7.2% | $67.5M 8.2% | $29.3M 7.1% | $20.8M 6.0% |
| Selling, General & Admin | $1.36B 5.9% | $1.27B 7.5% | $1.13B 8.7% | $1.44B 11.5% | $987.9M 9.9% | $599.7M 13.7% | $385.9M 17.7% | $240.8M 29.1% | $137.9M 33.3% | $112.4M 32.5% |
| Total Operating Expenses | $8.26B 36.0% | $6.54B 38.9% | $5.61B 42.9% | $6.67B 53.6% | $5.48B 55.0% | $2.65B 60.6% | $1.50B 68.8% | $1.00B 121.4% | $589.7M 142.4% | $318.5M 92.1% |
| Operating Income | $1.99B 8.7% | $662.2M 3.9% | $224.8M 1.7% | -$1.49B -11.9% | -$1.58B -15.9% | -$1.30B -29.8% | -$891.2M -41.0% | -$988.8M -119.6% | -$502.4M -121.3% | -$205.4M -59.4% |
| Interest Expense | $33.6M 0.1% | $38.3M 0.2% | $41.1M 0.3% | $45.4M 0.4% | $136.9M 1.4% | $123.8M 2.8% | $48.2M 2.2% | $31.3M 3.8% | $26.5M 6.4% | $23K 0.0% |
| Interest & Investment Income | $331.1M 1.4% | $365.8M 2.2% | $331.3M 2.5% | $115.5M 0.9% | $36.1M 0.4% | $24.8M 0.6% | $33.9M 1.6% | $11.5M 1.4% | $2.9M 0.7% | $741K 0.2% |
| Other Income (Expense), net | $295.6M 1.3% | $116.6M 0.7% | $207.6M 1.6% | -$13.0M -0.1% | -$132.1M -1.3% | -$179.9M -4.1% | -$477.4M -21.9% | $34.9M 4.2% | -$46.2M -11.1% | $8.5M 2.5% |
| Pretax Income | $2.28B 9.9% | $778.8M 4.6% | $432.4M 3.3% | -$1.50B -12.1% | -$1.72B -17.2% | -$1.48B -33.9% | -$1.37B -62.9% | -$953.9M -115.3% | -$548.5M -132.4% | -$196.9M -57.0% |
| Income Tax Expense | $651.1M 2.8% | $321.2M 1.9% | $262.7M 2.0% | $168.4M 1.4% | $332.9M 3.3% | $141.6M 3.2% | $85.9M 3.9% | $4.1M 0.5% | $10.7M 2.6% | $8.5M 2.5% |
| Net Income | $1.58B 6.9% | $444.3M 2.6% | $150.7M 1.2% | -$1.65B -13.3% | -$2.05B -20.6% | -$1.62B -37.0% | -$1.46B -67.2% | -$961.2M -116.2% | -$560.5M -135.3% | -$222.9M -64.5% |
| Per Share | ||||||||||
| EPS (Basic) | $2.65 | $0.77 | $0.27 | $-2.96 | $-3.84 | $-3.39 | $-3.35 | — | — | — |
| EPS (Diluted) | $2.52 | $0.74 | $0.25 | $-2.96 | $-3.84 | $-3.39 | $-3.35 | — | — | — |
| Weighted Avg Shares (Basic) | 595.0M | 575.0M | 566.6M | 558.1M | 532.7M | 477.3M | 436.6M | — | — | — |
| Weighted Avg Shares (Diluted) | 638.2M | 604.7M | 594.4M | 558.1M | 532.7M | 477.3M | 436.6M | — | — | — |
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.
7/7 of the 9 checks — 2 couldn't be scored (see above), so the score is out of the 7 with data.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
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.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest.
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 + $14M buybacks = $14M returned on $4.5B 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: 13%. 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.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit.
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-09-17
Nothing notable to watch.
No material risks flagged.
Where each multiple sits in its own 9-yr range · 0th pct blended
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
High operating leverage: profit moved 5.5× 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 | 98.2 | 72.2 | 69.2 | 60.9 | 58.4 | 55.3 | 57.2 | 55.3 |
| Gross Profit | 1.8 | 27.8 | 30.8 | 39.1 | 41.6 | 44.7 | 42.8 | 44.7 |
| R&D | 8.2 | 7.2 | 8.1 | 8.4 | 11.1 | 8.9 | 7.2 | 5.0 |
| SG&A | 29.1 | 17.7 | 13.7 | 9.9 | 11.5 | 8.7 | 7.5 | 5.9 |
| Operating Income | -119.6 | -41.0 | -29.8 | -15.9 | -11.9 | 1.7 | 3.9 | 8.7 |
| Income Tax | 0.5 | 3.9 | 3.2 | 3.3 | 1.4 | 2.0 | 1.9 | 2.8 |
| Net Income | -116.2 | -67.2 | -37.0 | -20.6 | -13.3 | 1.2 | 2.6 | 6.9 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on SE: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Ranked against 490 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AMZN | $2.70T | — | — | — | — | — | — | 20.5% | 16.2% | — | 5,764 |
| TSLA | $1.37T | 339.1× | 145.5× | 14.5× | -2.9% | 18.0% | 4.0% | 4.6% | 4.2% | 0.9× | 4,029 |
| TM | $614.2B | 60.0× | 24.8× | 2.6× | 3.8% | 18.4% | 4.4% | 7.9% | 5.9% | 1.7× | 665 |
| PDD | $442.6B | 32.9× | 31.9× | 7.2× | 14.5% | 56.3% | 22.7% | 23.7% | 23.7% | — | 548 |
| HD | $301.3B | 21.3× | 14.3× | 1.8× | 3.2% | 33.3% | 8.6% | 110% | 22.8% | 2.0× | 3,970 |
| BABA | $201.7B | 135.7× | — | 1.4× | 8.1% | 39.8% | 10.1% | 9.8% | 9.8% | — | 1,298 |
| TJX | $140.1B | 26.0× | — | 2.3× | 7.1% | 31.0% | 9.1% | 53.9% | 42.1% | — | 2,608 |
| HTHT | $132.7B | 187.9× | 114.3× | — | — | — | — | 39.7% | 27.3% | 0.7× | 258 |
| SBUX | $109.9B | 59.3× | 26.8× | 3.0× | 2.8% | — | 5.0% | -22.9% | 23.3% | 3.4× | 2,252 |
| LOW | $108.9B | 16.4× | 12.0× | 1.3× | 3.1% | 33.5% | 7.7% | -67.1% | 22.3% | 3.2× | 2,591 |
| ABNB | $101.7B | — | 37.9× | 8.3× | 10.3% | 83.0% | 20.5% | 30.6% | 24.6% | 0.8× | 1,246 |
| MELI | $92.5B | 46.3× | — | 3.2× | 39.1% | 44.5% | 6.9% | 29.6% | 12.5% | — | 1,380 |
| MAR | $88.8B | 35.1× | 20.6× | 3.4× | 4.3% | — | 9.9% | -69.0% | -69.4% | 0.0× | 1,559 |
| LKNCY | $86.3B | 168.2× | 90.8× | 12.3× | 48.9% | — | 7.3% | 23.0% | 23.0% | — | 9 |
| GM | $78.3B | 26.5× | 3.9× | 0.4× | -1.3% | — | 1.5% | 4.4% | 4.4% | — | 1,447 |
| ROST | $74.0B | 34.7× | 22.0× | 3.3× | 7.7% | 27.7% | 9.4% | 34.7% | 27.8% | 0.5× | 1,276 |
| ORLY | $71.5B | 28.6× | 19.5× | 4.0× | 6.4% | 51.6% | 14.3% | -333% | 48.3% | 1.5× | 1,569 |
| HLT | $69.7B | 49.4× | 24.0× | 5.8× | 7.7% | — | 12.1% | -27.0% | -27.0% | — | 1,126 |
| RCL | $67.7B | 16.0× | — | 3.8× | 8.8% | 49.4% | 23.8% | 42.5% | 32.3% | — | 1,114 |
| SE | $62.0B | 40.2× | 24.6× | 2.7× | 36.4% | 44.7% | 6.9% | 12.6% | 12.6% | — | 718 |
| F | $54.2B | — | 4.5× | 0.3× | 1.2% | 6.8% | -4.4% | -22.7% | -22.7% | — | — |
| NKE | $53.9B | 17.3× | — | 1.2× | 0.2% | 42.9% | 6.7% | 20.9% | 13.6% | — | 1,848 |
| EBAY | $50.7B | 26.0× | 18.4× | 4.6× | 7.9% | 71.5% | 18.3% | 45.3% | 38.8% | 0.3× | 1,182 |
| AZO | $47.8B | 19.6× | 13.3× | 2.5× | 2.4% | 52.6% | 13.2% | -73.2% | 46.4% | 2.1× | 1,245 |
| CMG | $44.8B | 29.4× | 19.4× | 3.8× | 5.4% | — | 12.9% | 54.3% | 54.3% | 0.0× | 1,203 |
Peers = companies sharing SE's sector (Consumer Cyclical) 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.
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