Analyst Ratings

Date	Action	Analyst	Rating	Target
May-01-26	Reiterated	UBS		$7.00 → $7.50
Mar-02-26	Reiterated	Goldman Sachs	Buy	$8.20 → $10
Dec-17-25	Reiterated	Morgan Stanley	Equal Weight	$9.50 → $9.00
Jul-28-25	Reiterated	Morgan Stanley	Equal Weight	$7.00 → $9.50
Apr-04-25	Upgrade	Barclays	Underweight → Equal Weight	$9.00
Jul-10-24	Reiterated	RBC Capital	Sector Perform	$10
Jul-20-22	Reiterated	Morgan Stanley	Equal Weight	$7.00
Jan-06-22	Downgrade	RBC Capital	Outperform → Sector Perform
Mar-11-21	Upgrade	Deutsche Bank	Hold → Buy
Mar-02-21	Downgrade	Barclays	Equal Weight → Underweight

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023
Total Revenue	5,140	5,129	4,898	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	2,551	2,603	2,415
Gross Profit	2,589	2,526	2,484
Selling, General and Administrative Excl. Other	1,273	1,192	1,252
Research and Development	0	0	0
Other Operating Expense	0	0	0
Operating Income	1,316	1,334	1,232
Interest Expense	406	411	441
Unusual Expense	—	—	—
Non-Operating Income (Expense)	42	90	-5
Net Income Before Taxes	868	834	815
Income Taxes	240	233	196
Consolidated Net Income	623	596	501
Net Income From Continuing Operations	628	601	619
Net Income	623	596	501
EPS (Recurring)	0.77	0.72	0.56
EPS (Basic, Before Extraordinaries)	0.77	0.72	0.56
EPS (Diluted)	0.69	0.67	0.52
EBITDA	2,839	2,864	2,804
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	9.54	12.04	—
Price To Sales Ratio	1.04	1.31	—
Gross Margin	50.37	49.25	50.71
Operating Margin	25.60	26.01	25.15
Net Margin	12.12	11.62	10.23
Shares Outstanding	815	833	901
Market Capitalization	5,363	6,722	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Likosar Jeffrey	Pres Corp Dev & Trans. & CFO	May 29 '26	Buy	6.75	15,000	101,250	623,195	Jun 02 12:00 AM
Miller Kimberly	EVP, CMO & Comm. Officer	May 14 '26	Buy	6.91	3,625	25,049	55,984	May 18 12:00 AM
Ahmad Fawad	EVP, Chief Oper and Cust. Off.	May 12 '26	Buy	6.75	7,500	50,625	302,334	May 12 12:00 AM
Khan Omar	EVP, Chief Business Officer	May 11 '26	Buy	6.88	7,280	50,080	7,280	May 12 12:00 AM
Houston Daniel Joseph	Director	May 08 '26	Buy	6.87	36,450	250,412	74,812	May 12 12:00 AM
Scott David A.	EVP, Chief People & Admin. Off	Mar 05 '26	Buy	6.72	7,300	49,056	7,300	Mar 09 12:00 AM
Apollo Management Holdings GP, LLC	10% Owner	Jul 28 '25	Sale	8.31	71,000,000	590,010,000	112,650,366	Jul 30 12:00 AM
Apollo Management Holdings GP, LLC	10% Owner	Jun 04 '25	Sale	8.27	45,000,000	372,150,000	183,650,366	Jun 06 12:00 AM
Apollo Management Holdings GP, LLC	10% Owner	May 12 '25	Sale	8.02	50,000,000	401,000,000	228,650,366	May 14 12:00 AM
Thorsen Wayne	EVP, Chief Business Officer	Sep 06 '23	Buy	6.08	5,000	30,400	459,761	Sep 06 12:00 AM
Jackson DeLu	EVP, Chief Marketing Officer	May 05 '23	Buy	5.76	8,650	49,824	194,675	May 08 12:00 AM
Haenggi Jamie Elizabeth	Exec. Vice President, Solar	May 05 '23	Buy	5.79	100,000	579,000	1,443,641	May 08 12:00 AM
Young Donald M.	EVP & COO	May 04 '23	Buy	5.15	50,000	257,500	433,809	May 04 12:00 AM
Thorsen Wayne	EVP, Chief Business Officer	May 04 '23	Buy	5.14	10,000	51,400	452,194	May 04 12:00 AM
Porpora Kenneth	EVP and CFO	May 04 '23	Buy	5.12	12,000	61,440	487,139	May 04 12:00 AM


Market Cap	4.76B	Forward P/E	6.79	EPS next Y	0.97	Insider Trans	0.01%	Shs Float	-	Perf Month	-4.22%


Enterprise Value	12.31B	PEG	0.32	EPS next Q	0.22	Inst Own	-	Short Float	-	Perf Quarter	-0.15%


Income	561.97M	P/S	0.93	EPS this Y	32.44%	Inst Trans	-	Short Ratio	-	Perf Half Y	-19.16%


Sales	5.14B	P/B	1.39	EPS next Y	5.97%	ROA	3.92%	Short Interest	-	Perf YTD	-18.46%


Book/sh	4.81	P/C	2.57	EPS next 5Y	6.80%	ROE	16.74%	52W High	8.94 -26.40%	Perf Year	-19.16%


Cash/sh	0.15	P/FCF	2.66	EPS past 3/5Y	-	ROIC	6.28%	52W Low	6.25 5.28%	Perf 3Y	-


Dividend Est.	0.22 (3.34%)	EV/EBITDA	4.34	Sales past 3/5Y	-0.25% -0.71%	Gross Margin	50.38%	Volatility	1.77% 1.59%	Perf 5Y	-


Dividend TTM	0.22 (3.34%)	EV/Sales	2.40	EPS Y/Y TTM	76.92%	Oper. Margin	25.61%	ATR (14)	0.17	Perf 10Y	-


Dividend Ex-Date	Jun 11, 2026	Quick Ratio	0.67	Sales Y/Y TTM	4.94%	Profit Margin	12.13%	RSI (14)	41.16	Recom	2.65


Dividend Gr. 3/5Y	16.26% 9.46%	Current Ratio	0.84	EPS Q/Q	9.52%	SMA20	-2.59%	Beta	0.91	Target Price	8.95


Payout	29.36%	Debt/Eq	2.02	Sales Q/Q	0.95%	SMA50	-5.08%	Rel Volume	1.59	Prev Close	6.48


Employees	12,800	LT Debt/Eq	1.95	Earnings	Jul 30	SMA200	-14.75%	Avg Volume	11.21M	Price	6.58


IPO Date	Jan 19, 2018	Option/Short	Yes / Yes	EPS/Sales Surpr.	9.52% 0.95%	Net Debt/EBITDA	2.66	Volume	17,846,424	Change	1.54%

ADT