Analyst Ratings

Date	Action	Analyst	Rating	Target
Jun-04-26	Reiterated	Capital One Financial		$26
Jun-03-26	Reiterated	Goldman Sachs	Sell	$20 → $19
May-08-26	Downgrade	Barclays	Equal Weight → Underweight	$21
Apr-29-26	Reiterated	Susquehanna	Positive	$21 → $24
Apr-15-26	Reiterated	Morgan Stanley	Equal Weight	$16 → $20
Apr-14-26	Downgrade	RBC Capital	Outperform → Sector Perform
Feb-09-26	Reiterated	Piper Sandler	Neutral	$17 → $18
Feb-06-26	Reiterated	Evercore ISI		$15 → $19
Feb-06-26	Reiterated	Stifel Nicolaus	Buy	$19 → $21
Feb-06-26	Reiterated	Susquehanna	Positive	$20 → $21

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	8,693	8,744	8,870	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	6,994	6,977	6,860
Gross Profit	1,699	1,767	2,010
Selling, General and Administrative Excl. Other	1,240	1,203	1,134
Research and Development	0	0	0
Other Operating Expense	0	0	0
Operating Income	459	564	876
Interest Expense	88	88	91
Unusual Expense	—	—	—
Non-Operating Income (Expense)	82	101	-46
Net Income Before Taxes	289	375	831
Income Taxes	192	224	196
Consolidated Net Income	92	145	635
Net Income From Continuing Operations	97	151	635
Net Income	92	145	635
EPS (Recurring)	0.24	0.39	1.62
EPS (Basic, Before Extraordinaries)	0.24	0.39	1.62
EPS (Diluted)	0.24	0.39	1.60
EBITDA	735	818	1,265
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	77.75	40.08	—
Price To Sales Ratio	0.77	0.66	—
Gross Margin	19.54	20.21	22.66
Operating Margin	5.28	6.45	9.88
Net Margin	1.06	1.66	7.16
Shares Outstanding	361	372	392
Market Capitalization	6,736	5,814	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Weinstock Craig L.	Sr. VP. & Gen. Counsel	Feb 23 '26	Option Exercise	15.00	100,000	1,500,000	326,319	Feb 24 12:00 AM
Weinstock Craig L.	Sr. VP. & Gen. Counsel	Feb 23 '26	Sale	20.08	70,000	1,405,421	256,319	Feb 24 12:00 AM
Rovig Joseph W	President - Energy Equipment	Feb 23 '26	Option Exercise	15.82	302,172	4,781,700	420,780	Feb 24 12:00 AM
Rovig Joseph W	President - Energy Equipment	Feb 23 '26	Sale	20.17	151,086	3,046,695	269,694	Feb 24 12:00 AM
Kendall Christian S	Director	Nov 21 '25	Buy	14.46	70,000	1,012,200	85,949	Nov 24 12:00 AM
HARRISON DAVID D	Director	Nov 20 '24	Sale	16.10	1,784	28,722	110,951	Nov 21 12:00 AM
Livingston Scott B.	See Remarks	Nov 07 '24	Sale	16.49	29,410	485,085	61,752	Nov 08 12:00 AM
Rovig Joseph W	President - Energy Equipment	Nov 07 '24	Sale	16.40	73,256	1,201,076	191,567	Nov 08 12:00 AM
Novak Christy Lynn	VP, Corp. Controller, CAO	Nov 07 '24	Sale	16.44	40,953	673,250	70,131	Nov 08 12:00 AM
Weinstock Craig L.	Sr. VP. & Gen. Counsel	Nov 07 '24	Sale	16.46	30,481	501,598	215,757	Nov 08 12:00 AM
Novak Christy Lynn	VP, Corp. Controller, CAO	Feb 22 '24	Sale	17.43	3,500	60,988	114,212	Feb 23 12:00 AM
MATTSON ERIC L	Director	Feb 28 '23	Sale	21.90	20,681	452,919	46,600	Mar 01 12:00 AM
Novak Christy Lynn	VP, Corp. Controller, CAO	Feb 27 '23	Sale	21.86	9,607	210,018	84,600	Feb 28 12:00 AM
Novak Christy Lynn	VP, Corp. Controller, CAO	Feb 27 '23	Option Exercise	15.00	10,808	162,120	94,207	Feb 28 12:00 AM
Novak Christy Lynn	VP, Corp. Controller, CAO	Nov 04 '22	Sale	23.17	4,575	106,011	64,086	Nov 07 12:00 AM


Market Cap	6.93B	Forward P/E	14.03	EPS next Y	1.33	Insider Trans	0.05%	Shs Float	-	Perf Month	-10.97%


Enterprise Value	7.92B	PEG	-	EPS next Q	0.16	Inst Own	-	Short Float	-	Perf Quarter	0.38%


Income	91.43M	P/S	0.80	EPS this Y	249.30%	Inst Trans	-	Short Ratio	-	Perf Half Y	21.80%


Sales	8.69B	P/B	1.12	EPS next Y	58.65%	ROA	0.83%	Short Interest	-	Perf YTD	19.39%


Book/sh	17.46	P/C	6.39	EPS next 5Y	21.72%	ROE	1.45%	52W High	21.55 -13.41%	Perf Year	35.22%


Cash/sh	3.74	P/FCF	9.44	EPS past 3/5Y	-	ROIC	1.72%	52W Low	11.78 58.40%	Perf 3Y	-


Dividend Est.	0.42 (2.25%)	EV/EBITDA	10.78	Sales past 3/5Y	6.51% 7.50%	Gross Margin	19.54%	Volatility	2.59% 2.42%	Perf 5Y	-


Dividend TTM	0.42 (2.25%)	EV/Sales	0.91	EPS Y/Y TTM	-64.38%	Oper. Margin	5.28%	ATR (14)	0.77	Perf 10Y	-


Dividend Ex-Date	Jun 12, 2026	Quick Ratio	1.66	Sales Y/Y TTM	-2.00%	Profit Margin	1.06%	RSI (14)	35.33	Recom	2.89


Dividend Gr. 3/5Y	36.62% 59.12%	Current Ratio	2.47	EPS Q/Q	-21.05%	SMA20	-8.93%	Beta	0.92	Target Price	21.00


Payout	211.96%	Debt/Eq	0.38	Sales Q/Q	-2.43%	SMA50	-7.64%	Rel Volume	2.55	Prev Close	19.30


Employees	34,010	LT Debt/Eq	0.35	Earnings	Jul 28	SMA200	7.79%	Avg Volume	4.43M	Price	18.66


IPO Date	Oct 29, 1996	Option/Short	Yes / Yes	EPS/Sales Surpr.	-11.76% -0.10%	Net Debt/EBITDA	1.36	Volume	11,287,966	Change	-3.32%

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