Analyst Ratings

Date	Action	Analyst	Rating	Target
May-21-26	Reiterated	National Bank		$43 → $40
May-14-26	Reiterated	UBS	Neutral	$37 → $39
May-12-26	Reiterated	Wells Fargo	Overweight	$41 → $44
Apr-13-26	Reiterated	National Bank		$54 → $48
Apr-09-26	Reiterated	UBS	Neutral	$43 → $37
Feb-25-26	Upgrade	Wells Fargo	Equal Weight → Overweight
Jan-13-26	Reiterated	Wells Fargo	Equal Weight	$37 → $41
Jan-08-26	Reiterated	National Bank		$46 → $45
Dec-23-25	Reiterated	Piper Sandler	Neutral	$42 → $48
Dec-15-25	Initiated	Mizuho	Outperform	$52

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	18,884	18,212	17,989	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	12,380	7,769	13,393
Gross Profit	6,504	10,443	4,596
Selling, General and Administrative Excl. Other	0	0	2,738
Research and Development	0	0	0
Other Operating Expense	4,463	9,105	-2,164
Operating Income	2,041	1,338	4,022
Interest Expense	241	227	336
Unusual Expense	—	—	—
Non-Operating Income (Expense)	-241	-227	-336
Net Income Before Taxes	2,041	1,338	4,022
Income Taxes	315	161	747
Consolidated Net Income	1,726	1,177	3,275
Net Income From Continuing Operations	1,726	1,177	3,275
Net Income	1,726	1,177	3,275
EPS (Recurring)	9.03	5.95	18.66
EPS (Basic, Before Extraordinaries)	9.03	5.95	18.66
EPS (Diluted)	8.85	5.84	18.41
EBITDA	2,282	1,565	4,454
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	4.20	7.63	—
Price To Sales Ratio	0.38	0.45	—
Gross Margin	34.44	57.34	25.55
Operating Margin	10.81	7.35	22.36
Net Margin	9.14	6.46	18.21
Shares Outstanding	191	183	171
Market Capitalization	7,099	8,149	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Beazer CraigT T	EVP & General Counsel	Jun 05 '26	Sale	34.45	30,000	1,033,500	103,906	Jun 08 12:00 AM
Charters Jennifer	EVP, Chief Information Officer	Mar 13 '26	Buy	32.61	300	9,783	37,796	Mar 16 12:00 AM
Woodroffe Sean	EVP, Ch Ppl Comms Ent Srvc Off	Mar 09 '26	Sale	32.74	8,000	261,920	198,159	Mar 09 12:00 AM
Woodroffe Sean	EVP, Ch Ppl Comms Ent Srvc Off	Mar 02 '26	Sale	34.46	10,000	344,600	206,159	Mar 02 12:00 AM
Reid James Waltman	EVP Workplace Solutions	Feb 18 '26	Sale	41.81	3,050	127,521	118,567	Feb 19 12:00 AM
Kennedy John Christopher	EVP, Chief Dist. & Brand Off	Dec 10 '25	Sale	44.15	3,519	155,364	118,985	Dec 11 12:00 AM
Cooper Ellen	Chairman, President & CEO	Nov 26 '25	Option Exercise	35.50	77,782	2,761,262	583,645	Dec 01 12:00 AM
Ryan Owen	Director	Nov 12 '25	Buy	42.17	2,000	84,340	12,000	Nov 14 12:00 AM
Woodroffe Sean	EVP, Ch Ppl Culture Comms Off	Aug 15 '25	Option Exercise	21.13	32,328	683,090	172,146	Aug 19 12:00 AM
Woodroffe Sean	EVP, Ch Ppl Culture Comms Off	Aug 15 '25	Sale	40.90	16,164	661,108	155,982	Aug 19 12:00 AM
Kroll Brian	EVP, Head of Life & Annuities	Aug 15 '25	Option Exercise	35.50	13,560	481,380	56,118	Aug 19 12:00 AM
Kroll Brian	EVP, Head of Life & Annuities	Aug 15 '25	Sale	40.87	6,362	260,015	49,756	Aug 19 12:00 AM
Kennedy John Christopher	EVP, Chief Dist. & Brand Off	Aug 07 '25	Sale	39.29	5,000	196,450	123,815	Aug 08 12:00 AM
Kroll Brian	EVP, Head of Life & Annuities	May 29 '25	Sale	33.10	10,075	333,483	48,743	May 30 12:00 AM
Woodroffe Sean	EVP, Ch Ppl Culture Comms Off	May 27 '25	Sale	32.78	43,622	1,429,929	154,102	May 28 12:00 AM


Market Cap	7.15B	Forward P/E	4.46	EPS next Y	8.32	Insider Trans	-0.03%	Shs Float	-	Perf Month	8.30%


Enterprise Value	6.17B	PEG	0.17	EPS next Q	2.03	Inst Own	-	Short Float	-	Perf Quarter	10.63%


Income	1.73B	P/S	0.38	EPS this Y	-13.33%	Inst Trans	-	Short Ratio	-	Perf Half Y	-17.95%


Sales	18.88B	P/B	0.70	EPS next Y	8.53%	ROA	0.42%	Short Interest	-	Perf YTD	-16.53%


Book/sh	53.41	P/C	29.40	EPS next 5Y	10.32%	ROE	16.79%	52W High	46.82 -20.61%	Perf Year	13.12%


Cash/sh	233.59	P/FCF	29.42	EPS past 3/5Y	-	ROIC	20.33%	52W Low	31.69 17.29%	Perf 3Y	-


Dividend Est.	1.80 (4.84%)	EV/EBITDA	2.71	Sales past 3/5Y	-1.28% 0.71%	Gross Margin	34.44%	Volatility	1.74% 1.93%	Perf 5Y	-


Dividend TTM	1.80 (4.84%)	EV/Sales	0.33	EPS Y/Y TTM	-55.08%	Oper. Margin	10.81%	ATR (14)	1.02	Perf 10Y	-


Dividend Ex-Date	Jul 10, 2026	Quick Ratio	18.36	Sales Y/Y TTM	4.98%	Profit Margin	9.14%	RSI (14)	58.86	Recom	2.40


Dividend Gr. 3/5Y	0.00% 2.38%	Current Ratio	18.36	EPS Q/Q	3.75%	SMA20	3.85%	Beta	1.10	Target Price	42.75


Payout	24.62%	Debt/Eq	0.62	Sales Q/Q	12.51%	SMA50	3.45%	Rel Volume	1.64	Prev Close	37.39


Employees	9,783	LT Debt/Eq	0.55	Earnings	Jul 30	SMA200	-4.75%	Avg Volume	1.76M	Price	37.17


IPO Date	Mar 17, 1980	Option/Short	Yes / Yes	EPS/Sales Surpr.	5.06% 7.54%	Net Debt/EBITDA	-0.43	Volume	2,895,821	Change	-0.59%

LNC