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Institutional accumulation: ownership increased +1.41% quarter-over-quarter.
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.
The answer is outside the range this solves over (-60% to +100%/yr), so it is reported as off the scale rather than as a rate. The price is below what this cash flow is worth even under collapse.
2-stage DCF · 0.05B shares · net debt -$102M
mean -1859.1% · volatility σ 5058% · implied rate exceeded in 2/6 yrs
Central path = implied -60.0%/yr growth; shaded band = ±1σ (5058%) 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.
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
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
5/7 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
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Cash conversion lags reported earnings — watch accruals. 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.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on -$89M 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.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: 2%. 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 $102M covers all $45M of scheduled principal — no refinancing pressure. Scheduled principal only (excludes interest & revolver draws). As of 2023-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Interest last disclosed in FY2024 (no longer broken out).
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. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-18
No standout strengths flagged.
Where each multiple sits in its own 10-yr range · 87th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 10-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 18.2× 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 | 64.7 | 87.0 | 74.1 | 86.6 | 76.9 | 80.1 | — | — |
| SG&A | 4.2 | 8.0 | 21.2 | 34.0 | 10.9 | 12.1 | 251.0 | 44.2 |
| Operating Income | 23.3 | -20.5 | -47.5 | -53.7 | -4.5 | -5.4 | -263.9 | -129.7 |
| Income Tax | 9.1 | -1.9 | -3.9 | -10.0 | 3.8 | 4.0 | -24.8 | 9.2 |
| Net Income | 14.0 | -12.6 | -34.4 | -44.3 | -0.2 | -1.0 | -454.7 | 10.4 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on TUSK: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
EOD close · as of 2026-09-18
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 | $44.3M 100.0% | $45.6M 100.0% | $309.5M 100.0% | $362.1M 100.0% | $229.0M 100.0% | $313.1M 100.0% | $625.0M 100.0% | $1.69B 100.0% | $691.5M 100.0% | $230.6M 100.0% |
| Cost of Revenue | — | — | $247.8M 80.1% | $278.6M 76.9% | $198.3M 86.6% | $232.0M 74.1% | $543.8M 87.0% | $1.09B 64.7% | $482.6M 69.8% | $173.0M 75.0% |
| Cost of Products | — | — | — | — | — | — | — | — | $91.0M 13.2% | $31.9M 13.8% |
| Cost of Services | — | — | — | — | — | — | — | — | $390.1M 56.4% | $140.1M 60.7% |
| Selling, General & Admin | $19.6M 44.2% | $114.5M 251.0% | $37.5M 12.1% | $39.6M 10.9% | $77.9M 34.0% | $66.4M 21.2% | $49.7M 8.0% | $71.2M 4.2% | $48.4M 7.0% | $17.3M 7.5% |
| Total Operating Expenses | $101.7M 229.7% | $166.0M 363.9% | $326.2M 105.4% | $378.5M 104.5% | — | $462.4M 147.7% | $753.4M 120.5% | $1.30B 76.7% | $628.7M 90.9% | $265.3M 115.0% |
| Operating Income | -$57.4M -129.7% | -$120.4M -263.9% | -$16.7M -5.4% | -$16.4M -4.5% | -$123.0M -53.7% | -$148.7M -47.5% | -$128.4M -20.5% | $394.5M 23.3% | $62.8M 9.1% | -$34.6M -15.0% |
| Interest Expense | — | $25.2M 55.3% | $16.2M 5.2% | $11.5M 3.2% | $6.4M 2.8% | $5.4M 1.7% | $5.0M 0.8% | $3.2M 0.2% | $4.3M 0.6% | $4.1M 1.8% |
| Other Income (Expense), net | -$2.2M -5.0% | -$74.1M -162.4% | $25.8M 8.3% | $29.4M 8.1% | -$1.3M -0.5% | $28.9M 9.2% | $37.3M 6.0% | -$5.2M -0.3% | -$975K -0.1% | -$3.9M -1.7% |
| Pretax Income | -$59.7M -134.7% | -$194.4M -426.4% | $9.1M 3.0% | $13.0M 3.6% | -$124.3M -54.3% | -$119.8M -38.3% | -$91.1M -14.6% | $389.2M 23.0% | $61.8M 8.9% | -$38.6M -16.7% |
| Income Tax Expense | $4.1M 9.2% | -$11.3M -24.8% | $12.3M 4.0% | $13.6M 3.8% | -$22.9M -10.0% | -$12.2M -3.9% | -$12.1M -1.9% | $153.3M 9.1% | $2.8M 0.4% | $53.9M 23.4% |
| Net Income | $4.6M 10.4% | -$207.3M -454.7% | -$3.2M -1.0% | -$619K -0.2% | -$101.4M -44.3% | -$107.6M -34.4% | -$79.0M -12.6% | $236.0M 14.0% | $59.0M 8.5% | -$92.5M -40.1% |
| Per Share | ||||||||||
| EPS (Basic) | $0.10 | $-4.31 | $-0.07 | $-0.01 | $-2.18 | $-2.36 | $-1.76 | $5.27 | $1.42 | $-2.94 |
| EPS (Diluted) | $0.10 | $-4.31 | $-0.07 | $-0.01 | $-2.18 | $-2.36 | $-1.76 | $5.24 | $1.42 | $-2.94 |
| Weighted Avg Shares (Basic) | 48.3M | 48.1M | 47.8M | 47.2M | 46.4M | 45.6M | 45.0M | 44.8M | 41.5M | 31.5M |
| Weighted Avg Shares (Diluted) | 48.3M | 48.1M | 47.8M | 47.2M | 46.4M | 45.6M | 45.0M | 45.0M | 41.6M | 31.5M |
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.
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 | $29.37T | — | — | — | — | — | — | — | — | — | 160 |
| CAT | $376.4B | 43.0× | 30.0× | 5.6× | 4.3% | 33.8% | 13.1% | 41.7% | 15.4% | 2.7× | 3,616 |
| GE | $329.6B | 38.6× | — | 7.2× | 18.5% | — | 19.0% | 46.6% | 22.2% | — | 3,077 |
| RTX | $260.4B | 39.1× | 18.5× | 2.9× | 9.7% | — | 7.6% | 10.3% | 10.3% | 0.0× | 3,277 |
| BA | $200.6B | 79.9× | 40.4× | 2.2× | 34.5% | 4.8% | 2.5% | 41.0% | 3.3% | 10.0× | 2,435 |
| DE | $185.0B | 37.0× | — | 4.0× | -11.7% | — | 11.0% | 19.4% | 12.6% | — | 2,491 |
| ABBNY | $179.9B | 48.6× | 32.1× | 5.6× | 9.5% | 34.8% | 11.9% | 28.5% | 20.4% | 0.9× | 48 |
| UNP | $165.7B | 23.3× | 15.9× | 6.8× | 1.1% | — | 29.1% | 38.7% | 14.2% | 2.6× | 2,648 |
| ETN | $164.8B | 40.6× | — | 6.0× | 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 | $122.1B | 24.8× | 16.0× | 1.6× | 5.6% | 10.2% | 6.7% | 74.6% | 17.7% | 2.5× | 2,807 |
| PH | $121.1B | 34.8× | 27.3× | 6.1× | -0.4% | 36.9% | 17.8% | 25.8% | 16.7% | 1.6× | 1,845 |
| ADP | $107.9B | 24.8× | — | 4.9× | 6.7% | 46.4% | 20.1% | 73.2% | 40.1% | — | 2,179 |
| TT | $95.7B | 33.1× | 23.6× | 4.5× | 7.5% | — | 13.7% | 34.0% | 22.1% | 1.1× | 1,658 |
| GD | $95.5B | 22.9× | 16.8× | 1.8× | 10.1% | — | 8.0% | 16.4% | 12.5% | 1.3× | 2,123 |
| VRT | $95.4B | 73.1× | 45.2× | 9.3× | 27.7% | 36.3% | 13.0% | 33.8% | 19.4% | 1.4× | 1,748 |
| PWR | $95.2B | 93.6× | 47.2× | 3.3× | 20.3% | 15.0% | 3.6% | 11.5% | 10.6% | 0.4× | 1,659 |
| JCI | $93.4B | 28.5× | — | 4.0× | 2.8% | 36.4% | 13.9% | 25.5% | 14.4% | — | 1,487 |
| HWM | $92.2B | 61.9× | 40.6× | 11.2× | 11.1% | — | 18.3% | 28.2% | 17.9% | 1.3× | 1,399 |
| MMM | $88.0B | 27.6× | 16.9× | 3.5× | 1.5% | 39.9% | 13.0% | 69.1% | 18.8% | 2.1× | 2,051 |
| CSX | $87.6B | 30.6× | 14.1× | 6.2× | -3.1% | — | 20.5% | 22.0% | 22.0% | — | 1,791 |
| WM | $85.1B | 31.5× | 11.9× | 3.4× | 14.2% | 40.4% | 10.7% | 27.1% | 25.3% | 0.1× | 2,262 |
| EMR | $84.4B | 37.1× | — | 4.7× | 3.0% | 52.8% | 12.7% | 11.3% | 6.9% | — | 2,112 |
| UPS | $84.1B | 15.1× | 9.4× | 0.9× | -2.6% | — | 6.3% | 34.3% | 13.8% | 2.2× | 2,025 |
| CTAS | $79.6B | 44.9× | 28.7× | 7.7× | 7.7% | 50.0% | 17.5% | 38.7% | 25.5% | 0.8× | 1,366 |
| TUSK | $154M | 31.8× | — | 3.5× | -2.9% | — | 10.4% | 1.8% | 1.8% | — | 86 |
Peers = companies sharing TUSK'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.