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We build software that empowers organizations to effectively integrate their data, decisions, and operations at scale. We were founded in 2003 and started building software for the intelligence community in the United States to assist in counterterrorism investigations and operations.
$142.20
$9.97 (-6.55%)
Price from 2 days ago
Margins and capital returns are both well above average: 31.59% operating margin, ROIC at 21.64%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue up 56.2% YoY with margins expanding 20.8pp.
At 160x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
159.8x earnings, 136.0x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$5.22B
▲ +56.2% YoY
Net Income (TTM)
$2.28B
▲ +251.6% YoY
Op. Margin
38.13%
▲ +20.8pp YoY
ROIC
26.82%
▲ +15.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$2.69B
▲ +84.1% YoY
Op. Cash Flow (TTM)
$2.72B
▲ +85.0% YoY
Net Debt
-$7.81B
Net Cash Position
Cash & Equiv.
$8.03B
5Y CAGR: +32.6%
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