{ "meta": { "schema_version": 1, "generated_at": "2026-08-17T00:17:18Z", "ticker": "FTNT", "cik": "0001262039", "entity_name": "Fortinet, Inc.", "display": { "title": "Fortinet, Inc. (FTNT)", "description": "Key business-metric trends and peer-relative scores. Not investment advice." } }, "panels": [ { "id": "key_metric_trend", "title": "Key business metric trend", "kind": "multi_series_chart", "open": true, "tabs": [ { "id": "income_cashflow", "label": "Income and cashflow", "unit": "USD", "series": [ { "id": "revenue_ttm", "label": "Revenue TTM", "color": "#e09144", "unit": "USD", "latest": { "end": "2026-06-30", "value": 7527400000.0 }, "points": [ { "end": "2011-03-31", "value": 348167000.0 }, { "end": "2011-06-30", "value": 374859000.0 }, { "end": "2011-09-30", "value": 406314000.0 }, { "end": "2011-12-31", "value": 433576000.0 }, { "end": "2012-03-31", "value": 457557000.0 }, { "end": "2012-06-30", "value": 483496000.0 }, { "end": "2012-09-30", "value": 503338000.0 }, { "end": "2012-12-31", "value": 533639000.0 }, { "end": "2013-03-31", "value": 552212000.0 }, { "end": "2013-06-30", "value": 570678000.0 }, { "end": "2013-09-30", "value": 589109000.0 }, { "end": "2013-12-31", "value": 615297000.0 }, { "end": "2014-03-31", "value": 648426000.0 }, { "end": "2014-06-30", "value": 685096000.0 }, { "end": "2014-09-30", "value": 723745000.0 }, { "end": "2014-12-31", "value": 770364000.0 }, { "end": "2015-03-31", "value": 814301000.0 }, { "end": "2015-06-30", "value": 869988000.0 }, { "end": "2015-09-30", "value": 936708000.0 }, { "end": "2015-12-31", "value": 1009268000.0 }, { "end": "2016-03-31", "value": 1080958000.0 }, { "end": "2016-06-30", "value": 1152564000.0 }, { "end": "2016-09-30", "value": 1209142000.0 }, { "end": "2016-12-31", "value": 1275400000.0 }, { "end": "2017-03-31", "value": 1331424000.0 }, { "end": "2017-06-30", "value": 1383533000.0 }, { "end": "2017-09-30", "value": 1441087000.0 }, { "end": "2017-12-31", "value": 1494900000.0 }, { "end": "2018-03-31", "value": 1553300000.0 }, { "end": "2018-06-30", "value": 1631100000.0 }, { "end": "2018-09-30", "value": 1710800000.0 }, { "end": "2018-12-31", "value": 1801200000.0 }, { "end": "2019-03-31", "value": 1874800000.0 }, { "end": "2019-06-30", "value": 1955200000.0 }, { "end": "2019-09-30", "value": 2049400000.0 }, { "end": "2019-12-31", "value": 2160500000.0 }, { "end": "2020-03-31", "value": 2265600000.0 }, { "end": "2020-06-30", "value": 2361500000.0 }, { "end": "2020-09-30", "value": 2464500000.0 }, { "end": "2020-12-31", "value": 2594400000.0 }, { "end": "2021-03-31", "value": 2727000000.0 }, { "end": "2021-06-30", "value": 2910500000.0 }, { "end": "2021-09-30", "value": 3126600000.0 }, { "end": "2021-12-31", "value": 3342200000.0 }, { "end": "2022-03-31", "value": 3586700000.0 }, { "end": "2022-06-30", "value": 3815700000.0 }, { "end": "2022-09-30", "value": 4098000000.0 }, { "end": "2022-12-31", "value": 4417400000.0 }, { "end": "2023-03-31", "value": 4724900000.0 }, { "end": "2023-06-30", "value": 4987600000.0 }, { "end": "2023-09-30", "value": 5172700000.0 }, { "end": "2023-12-31", "value": 5304800000.0 }, { "end": "2024-03-31", "value": 5395800000.0 }, { "end": "2024-06-30", "value": 5537300000.0 }, { "end": "2024-09-30", "value": 5710800000.0 }, { "end": "2024-12-31", "value": 5955800000.0 }, { "end": "2025-03-31", "value": 6142200000.0 }, { "end": "2025-06-30", "value": 6337900000.0 }, { "end": "2025-09-30", "value": 6554700000.0 }, { "end": "2025-12-31", "value": 6799600000.0 }, { "end": "2026-03-31", "value": 7109500000.0 }, { "end": "2026-06-30", "value": 7527400000.0 } ] }, { "id": "operating_income_ttm", "label": "Operating Income TTM", "color": "#7392c9", "unit": "USD", "latest": { "end": "2026-06-30", "value": 2442200000.0 }, "points": [ { "end": "2011-03-31", "value": 66082000.0 }, { "end": "2011-06-30", "value": 75081000.0 }, { "end": "2011-09-30", "value": 83082000.0 }, { "end": "2011-12-31", "value": 88904000.0 }, { "end": "2012-03-31", "value": 90174000.0 }, { "end": "2012-06-30", "value": 92345000.0 }, { "end": "2012-09-30", "value": 91955000.0 }, { "end": "2012-12-31", "value": 100475000.0 }, { "end": "2013-03-31", "value": 97151000.0 }, { "end": "2013-06-30", "value": 89978000.0 }, { "end": "2013-09-30", "value": 82487000.0 }, { "end": "2013-12-31", "value": 72090000.0 }, { "end": "2014-03-31", "value": 69514000.0 }, { "end": "2014-06-30", "value": 66879000.0 }, { "end": "2014-09-30", "value": 64051000.0 }, { "end": "2014-12-31", "value": 59324000.0 }, { "end": "2015-03-31", "value": 47407000.0 }, { "end": "2015-06-30", "value": 39217000.0 }, { "end": "2015-09-30", "value": 21926000.0 }, { "end": "2015-12-31", "value": 14877000.0 }, { "end": "2016-03-31", "value": 10287000.0 }, { "end": "2016-06-30", "value": 3290000.0 }, { "end": "2016-09-30", "value": 10618000.0 }, { "end": "2016-12-31", "value": 42900000.0 }, { "end": "2017-03-31", "value": 51992000.0 }, { "end": "2017-06-30", "value": 84537000.0 }, { "end": "2017-09-30", "value": 112749000.0 }, { "end": "2017-12-31", "value": 109800000.0 }, { "end": "2018-03-31", "value": 136800000.0 }, { "end": "2018-06-30", "value": 159000000.0 }, { "end": "2018-09-30", "value": 188100000.0 }, { "end": "2018-12-31", "value": 234400000.0 }, { "end": "2019-03-31", "value": 252600000.0 }, { "end": "2019-06-30", "value": 277100000.0 }, { "end": "2019-09-30", "value": 314900000.0 }, { "end": "2019-12-31", "value": 348500000.0 }, { "end": "2020-03-31", "value": 414600000.0 }, { "end": "2020-06-30", "value": 458200000.0 }, { "end": "2020-09-30", "value": 484500000.0 }, { "end": "2020-12-31", "value": 531800000.0 }, { "end": "2021-03-31", "value": 536700000.0 }, { "end": "2021-06-30", "value": 565400000.0 }, { "end": "2021-09-30", "value": 604900000.0 }, { "end": "2021-12-31", "value": 650400000.0 }, { "end": "2022-03-31", "value": 679800000.0 }, { "end": "2022-06-30", "value": 727600000.0 }, { "end": "2022-09-30", "value": 826700000.0 }, { "end": "2022-12-31", "value": 969600000.0 }, { "end": "2023-03-31", "value": 1092100000.0 }, { "end": "2023-06-30", "value": 1175800000.0 }, { "end": "2023-09-30", "value": 1213500000.0 }, { "end": "2023-12-31", "value": 1241100000.0 }, { "end": "2024-03-31", "value": 1288800000.0 }, { "end": "2024-06-30", "value": 1447000000.0 }, { "end": "2024-09-30", "value": 1614700000.0 }, { "end": "2024-12-31", "value": 1803400000.0 }, { "end": "2025-03-31", "value": 1936000000.0 }, { "end": "2025-06-30", "value": 1956800000.0 }, { "end": "2025-09-30", "value": 2033200000.0 }, { "end": "2025-12-31", "value": 2084700000.0 }, { "end": "2026-03-31", "value": 2210900000.0 }, { "end": "2026-06-30", "value": 2442200000.0 } ] }, { "id": "net_income_ttm", "label": "Net Income TTM", "color": "#72ac80", "unit": "USD", "latest": { "end": "2026-06-30", "value": 2120742685.0 }, "points": [ { "end": "2011-03-31", "value": 50614000.0 }, { "end": "2011-06-30", "value": 58239000.0 }, { "end": "2011-09-30", "value": 62139000.0 }, { "end": "2011-12-31", "value": 62492000.0 }, { "end": "2012-03-31", "value": 63078000.0 }, { "end": "2012-06-30", "value": 62534000.0 }, { "end": "2012-09-30", "value": 61823000.0 }, { "end": "2012-12-31", "value": 66836000.0 }, { "end": "2013-03-31", "value": 64912000.0 }, { "end": "2013-06-30", "value": 59941000.0 }, { "end": "2013-09-30", "value": 53764000.0 }, { "end": "2013-12-31", "value": 44273000.0 }, { "end": "2014-03-31", "value": 40417000.0 }, { "end": "2014-06-30", "value": 37519000.0 }, { "end": "2014-09-30", "value": 30546000.0 }, { "end": "2014-12-31", "value": 25343000.0 }, { "end": "2015-03-31", "value": 18510000.0 }, { "end": "2015-06-30", "value": 13221000.0 }, { "end": "2015-09-30", "value": 17334000.0 }, { "end": "2015-12-31", "value": 7987000.0 }, { "end": "2016-03-31", "value": 8545000.0 }, { "end": "2016-06-30", "value": 6365000.0 }, { "end": "2016-09-30", "value": 4487000.0 }, { "end": "2016-12-31", "value": 32200000.0 }, { "end": "2017-03-31", "value": 40782000.0 }, { "end": "2017-06-30", "value": 65170000.0 }, { "end": "2017-09-30", "value": 85579000.0 }, { "end": "2017-12-31", "value": 31400000.0 }, { "end": "2018-03-31", "value": 62300000.0 }, { "end": "2018-06-30", "value": 88600000.0 }, { "end": "2018-09-30", "value": 120600000.0 }, { "end": "2018-12-31", "value": 334900000.0 }, { "end": "2019-03-31", "value": 352100000.0 }, { "end": "2019-06-30", "value": 375500000.0 }, { "end": "2019-09-30", "value": 397000000.0 }, { "end": "2019-12-31", "value": 329900000.0 }, { "end": "2020-03-31", "value": 375700000.0 }, { "end": "2020-06-30", "value": 416800000.0 }, { "end": "2020-09-30", "value": 460000000.0 }, { "end": "2020-12-31", "value": 488500000.0 }, { "end": "2021-03-31", "value": 491100000.0 }, { "end": "2021-06-30", "value": 514800000.0 }, { "end": "2021-09-30", "value": 554500000.0 }, { "end": "2021-12-31", "value": 606792011.0 }, { "end": "2022-03-31", "value": 637992011.0 }, { "end": "2022-06-30", "value": 673992011.0 }, { "end": "2022-09-30", "value": 742492011.0 }, { "end": "2022-12-31", "value": 857302079.0 }, { "end": "2023-03-31", "value": 966602079.0 }, { "end": "2023-06-30", "value": 1059402079.0 }, { "end": "2023-09-30", "value": 1150702079.0 }, { "end": "2023-12-31", "value": 1147780499.0 }, { "end": "2024-03-31", "value": 1199380499.0 }, { "end": "2024-06-30", "value": 1312880499.0 }, { "end": "2024-09-30", "value": 1529880499.0 }, { "end": "2024-12-31", "value": 1745218820.0 }, { "end": "2025-03-31", "value": 1879318820.0 }, { "end": "2025-06-30", "value": 1939618820.0 }, { "end": "2025-09-30", "value": 1873618820.0 }, { "end": "2025-12-31", "value": 1853442685.0 }, { "end": "2026-03-31", "value": 1954542685.0 }, { "end": "2026-06-30", "value": 2120742685.0 } ] }, { "id": "free_cash_flow_ttm", "label": "Free Cash Flow TTM", "color": "#8b7ec8", "unit": "USD", "latest": { "end": "2026-06-30", "value": 3117000000.0 }, "points": [ { "end": "2011-06-30", "value": 134864000.0 }, { "end": "2011-09-30", "value": 138046000.0 }, { "end": "2011-12-31", "value": 129218000.0 }, { "end": "2012-03-31", "value": 136630000.0 }, { "end": "2012-06-30", "value": 145372000.0 }, { "end": "2012-09-30", "value": 135010000.0 }, { "end": "2012-12-31", "value": 161783000.0 }, { "end": "2013-03-31", "value": 151466000.0 }, { "end": "2013-06-30", "value": 144598000.0 }, { "end": "2013-09-30", "value": 142480000.0 }, { "end": "2013-12-31", "value": 133507000.0 }, { "end": "2014-03-31", "value": 146514000.0 }, { "end": "2014-06-30", "value": 145422000.0 }, { "end": "2014-09-30", "value": 173936000.0 }, { "end": "2014-12-31", "value": 164385000.0 }, { "end": "2015-03-31", "value": 174493000.0 }, { "end": "2015-06-30", "value": 213943000.0 }, { "end": "2015-09-30", "value": 214945000.0 }, { "end": "2015-12-31", "value": 245189000.0 }, { "end": "2016-03-31", "value": 256132000.0 }, { "end": "2016-06-30", "value": 236086000.0 }, { "end": "2016-09-30", "value": 254565000.0 }, { "end": "2016-12-31", "value": 278500000.0 }, { "end": "2017-03-31", "value": 324065000.0 }, { "end": "2017-06-30", "value": 328967000.0 }, { "end": "2017-09-30", "value": 399448000.0 }, { "end": "2017-12-31", "value": 459100000.0 }, { "end": "2018-03-31", "value": 471000000.0 }, { "end": "2018-06-30", "value": 543300000.0 }, { "end": "2018-09-30", "value": 561100000.0 }, { "end": "2018-12-31", "value": 585900000.0 }, { "end": "2019-03-31", "value": 648900000.0 }, { "end": "2019-06-30", "value": 696000000.0 }, { "end": "2019-09-30", "value": 741200000.0 }, { "end": "2019-12-31", "value": 808000000.0 }, { "end": "2020-03-31", "value": 926100000.0 }, { "end": "2020-06-30", "value": 978000000.0 }, { "end": "2020-09-30", "value": 977600000.0 }, { "end": "2020-12-31", "value": 1083700000.0 }, { "end": "2021-03-31", "value": 1080200000.0 }, { "end": "2021-06-30", "value": 1251400000.0 }, { "end": "2021-09-30", "value": 1429400000.0 }, { "end": "2021-12-31", "value": 1499700000.0 }, { "end": "2022-03-31", "value": 1579900000.0 }, { "end": "2022-06-30", "value": 1485100000.0 }, { "end": "2022-09-30", "value": 1569300000.0 }, { "end": "2022-12-31", "value": 1730600000.0 }, { "end": "2023-03-31", "value": 2012000000.0 }, { "end": "2023-06-30", "value": 2203700000.0 }, { "end": "2023-09-30", "value": 2271900000.0 }, { "end": "2023-12-31", "value": 1935500000.0 }, { "end": "2024-03-31", "value": 2088400000.0 }, { "end": "2024-06-30", "value": 1915300000.0 }, { "end": "2024-09-30", "value": 1972200000.0 }, { "end": "2024-12-31", "value": 1879200000.0 }, { "end": "2025-03-31", "value": 2067500000.0 }, { "end": "2025-06-30", "value": 2032700000.0 }, { "end": "2025-09-30", "value": 2028400000.0 }, { "end": "2025-12-31", "value": 2225800000.0 }, { "end": "2026-03-31", "value": 2435500000.0 }, { "end": "2026-06-30", "value": 3117000000.0 } ] } ] }, { "id": "balance", "label": "Balance", "unit": "USD", "series": [ { "id": "assets", "label": "Assets", "color": "#5f9ea0", "unit": "USD", "latest": { "end": "2026-06-30", "value": 10859200000.0 }, "points": [ { "end": "2010-12-31", "value": 545422000.0 }, { "end": "2011-06-30", "value": 635235000.0 }, { "end": "2011-09-30", "value": 670987000.0 }, { "end": "2011-12-31", "value": 734747000.0 }, { "end": "2012-03-31", "value": 788444000.0 }, { "end": "2012-06-30", "value": 851245000.0 }, { "end": "2012-09-30", "value": 913268000.0 }, { "end": "2012-12-31", "value": 975497000.0 }, { "end": "2013-03-31", "value": 1032729000.0 }, { "end": "2013-06-30", "value": 1085746000.0 }, { "end": "2013-09-30", "value": 1128142000.0 }, { "end": "2013-12-31", "value": 1168464000.0 }, { "end": "2014-03-31", "value": 1200031000.0 }, { "end": "2014-06-30", "value": 1265112000.0 }, { "end": "2014-09-30", "value": 1312601000.0 }, { "end": "2014-12-31", "value": 1424774000.0 }, { "end": "2015-03-31", "value": 1498303000.0 }, { "end": "2015-06-30", "value": 1604876000.0 }, { "end": "2015-09-30", "value": 1707173000.0 }, { "end": "2015-12-31", "value": 1790510000.0 }, { "end": "2016-03-31", "value": 1811521000.0 }, { "end": "2016-06-30", "value": 1960178000.0 }, { "end": "2016-09-30", "value": 2010160000.0 }, { "end": "2016-12-31", "value": 2139941000.0 }, { "end": "2017-03-31", "value": 2267383000.0 }, { "end": "2017-06-30", "value": 2360691000.0 }, { "end": "2017-09-30", "value": 2395279000.0 }, { "end": "2017-12-31", "value": 2257900000.0 }, { "end": "2018-03-31", "value": 2400700000.0 }, { "end": "2018-06-30", "value": 2575700000.0 }, { "end": "2018-09-30", "value": 2763500000.0 }, { "end": "2018-12-31", "value": 3078000000.0 }, { "end": "2019-03-31", "value": 3205700000.0 }, { "end": "2019-06-30", "value": 3369400000.0 }, { "end": "2019-09-30", "value": 3545600000.0 }, { "end": "2019-12-31", "value": 3879200000.0 }, { "end": "2020-03-31", "value": 3206200000.0 }, { "end": "2020-06-30", "value": 3330600000.0 }, { "end": "2020-09-30", "value": 3586200000.0 }, { "end": "2020-12-31", "value": 4044500000.0 }, { "end": "2021-03-31", "value": 5282200000.0 }, { "end": "2021-06-30", "value": 5558900000.0 }, { "end": "2021-09-30", "value": 5970600000.0 }, { "end": "2021-12-31", "value": 5919100000.0 }, { "end": "2022-03-31", "value": 5651100000.0 }, { "end": "2022-06-30", "value": 5294500000.0 }, { "end": "2022-09-30", "value": 5335900000.0 }, { "end": "2022-12-31", "value": 6228000000.0 }, { "end": "2023-03-31", "value": 6832300000.0 }, { "end": "2023-06-30", "value": 7486100000.0 }, { "end": "2023-09-30", "value": 7479300000.0 }, { "end": "2023-12-31", "value": 7258900000.0 }, { "end": "2024-03-31", "value": 7662100000.0 }, { "end": "2024-06-30", "value": 8052900000.0 }, { "end": "2024-09-30", "value": 8852000000.0 }, { "end": "2024-12-31", "value": 9763100000.0 }, { "end": "2025-03-31", "value": 10407000000.0 }, { "end": "2025-06-30", "value": 10641400000.0 }, { "end": "2025-09-30", "value": 9361300000.0 }, { "end": "2025-12-31", "value": 10389200000.0 }, { "end": "2026-03-31", "value": 9883500000.0 }, { "end": "2026-06-30", "value": 10859200000.0 } ] }, { "id": "total_liabilities", "label": "Total Liabilities", "color": "#c86e6e", "unit": "USD", "latest": { "end": "2026-06-30", "value": 9308100000.0 }, "points": [ { "end": "2010-12-31", "value": 312968000.0 }, { "end": "2011-06-30", "value": 347715000.0 }, { "end": "2011-09-30", "value": 354120000.0 }, { "end": "2011-12-31", "value": 376393000.0 }, { "end": "2012-03-31", "value": 390117000.0 }, { "end": "2012-06-30", "value": 424601000.0 }, { "end": "2012-09-30", "value": 434799000.0 }, { "end": "2012-12-31", "value": 464563000.0 }, { "end": "2013-03-31", "value": 485020000.0 }, { "end": "2013-06-30", "value": 518561000.0 }, { "end": "2013-09-30", "value": 528189000.0 }, { "end": "2013-12-31", "value": 582704000.0 }, { "end": "2014-03-31", "value": 589937000.0 }, { "end": "2014-06-30", "value": 639893000.0 }, { "end": "2014-09-30", "value": 663375000.0 }, { "end": "2014-12-31", "value": 748808000.0 }, { "end": "2015-03-31", "value": 778556000.0 }, { "end": "2015-06-30", "value": 854049000.0 }, { "end": "2015-09-30", "value": 911787000.0 }, { "end": "2015-12-31", "value": 1035133000.0 }, { "end": "2016-03-31", "value": 1069118000.0 }, { "end": "2016-06-30", "value": 1155552000.0 }, { "end": "2016-09-30", "value": 1187072000.0 }, { "end": "2016-12-31", "value": 1302260000.0 }, { "end": "2017-03-31", "value": 1369134000.0 }, { "end": "2017-06-30", "value": 1438552000.0 }, { "end": "2017-09-30", "value": 1493054000.0 }, { "end": "2017-12-31", "value": 1668500000.0 }, { "end": "2018-03-31", "value": 1707200000.0 }, { "end": "2018-06-30", "value": 1795500000.0 }, { "end": "2018-09-30", "value": 1871900000.0 }, { "end": "2018-12-31", "value": 2067800000.0 }, { "end": "2019-03-31", "value": 2147600000.0 }, { "end": "2019-06-30", "value": 2247100000.0 }, { "end": "2019-09-30", "value": 2345200000.0 }, { "end": "2019-12-31", "value": 2536800000.0 }, { "end": "2020-03-31", "value": 2669900000.0 }, { "end": "2020-06-30", "value": 2786700000.0 }, { "end": "2020-09-30", "value": 2873000000.0 }, { "end": "2020-12-31", "value": 3188500000.0 }, { "end": "2021-03-31", "value": 4301400000.0 }, { "end": "2021-06-30", "value": 4508700000.0 }, { "end": "2021-09-30", "value": 4835000000.0 }, { "end": "2021-12-31", "value": 5120700000.0 }, { "end": "2022-03-31", "value": 5417900000.0 }, { "end": "2022-06-30", "value": 5674100000.0 }, { "end": "2022-09-30", "value": 5958700000.0 }, { "end": "2022-12-31", "value": 6509600000.0 }, { "end": "2023-03-31", "value": 6820900000.0 }, { "end": "2023-06-30", "value": 7164900000.0 }, { "end": "2023-09-30", "value": 7405200000.0 }, { "end": "2023-12-31", "value": 7722300000.0 }, { "end": "2024-03-31", "value": 7799600000.0 }, { "end": "2024-06-30", "value": 7764700000.0 }, { "end": "2024-09-30", "value": 7943900000.0 }, { "end": "2024-12-31", "value": 8269300000.0 }, { "end": "2025-03-31", "value": 8444100000.0 }, { "end": "2025-06-30", "value": 8581000000.0 }, { "end": "2025-09-30", "value": 8626200000.0 }, { "end": "2025-12-31", "value": 9151700000.0 }, { "end": "2026-03-31", "value": 8893800000.0 }, { "end": "2026-06-30", "value": 9308100000.0 } ] } ] }, { "id": "ratio", "label": "Ratio", "unit": "ratio", "series": [ { "id": "operating_income_to_liabilities", "label": "OI / Liabilities", "color": "#b48c5a", "unit": "ratio", "latest": { "end": "2026-06-30", "value": 0.26237363156820404 }, "points": [ { "end": "2011-06-30", "value": 0.2159268366334498 }, { "end": "2011-09-30", "value": 0.23461538461538461 }, { "end": "2011-12-31", "value": 0.23619992932918518 }, { "end": "2012-03-31", "value": 0.23114604080314366 }, { "end": "2012-06-30", "value": 0.2174865344170174 }, { "end": "2012-09-30", "value": 0.21148852688253653 }, { "end": "2012-12-31", "value": 0.216278524118365 }, { "end": "2013-03-31", "value": 0.20030308028534904 }, { "end": "2013-06-30", "value": 0.17351478418161026 }, { "end": "2013-09-30", "value": 0.1561694772136489 }, { "end": "2013-12-31", "value": 0.123716329388506 }, { "end": "2014-03-31", "value": 0.11783292114242708 }, { "end": "2014-06-30", "value": 0.10451591125391277 }, { "end": "2014-09-30", "value": 0.09655323158093085 }, { "end": "2014-12-31", "value": 0.07922458093396438 }, { "end": "2015-03-31", "value": 0.060890931416622565 }, { "end": "2015-06-30", "value": 0.04591891097583394 }, { "end": "2015-09-30", "value": 0.02404728297288731 }, { "end": "2015-12-31", "value": 0.01437206619825665 }, { "end": "2016-03-31", "value": 0.009621950056027492 }, { "end": "2016-06-30", "value": 0.002847124144997369 }, { "end": "2016-09-30", "value": 0.00894469754151391 }, { "end": "2016-12-31", "value": 0.03294273033034878 }, { "end": "2017-03-31", "value": 0.03797436919980075 }, { "end": "2017-06-30", "value": 0.058765341815937136 }, { "end": "2017-09-30", "value": 0.07551568797913538 }, { "end": "2017-12-31", "value": 0.06580761162721006 }, { "end": "2018-03-31", "value": 0.08013120899718838 }, { "end": "2018-06-30", "value": 0.0885547201336675 }, { "end": "2018-09-30", "value": 0.10048613707997223 }, { "end": "2018-12-31", "value": 0.11335719121771931 }, { "end": "2019-03-31", "value": 0.1176196684671261 }, { "end": "2019-06-30", "value": 0.1233144942370166 }, { "end": "2019-09-30", "value": 0.13427426232304282 }, { "end": "2019-12-31", "value": 0.13737779880163986 }, { "end": "2020-03-31", "value": 0.1552867148582344 }, { "end": "2020-06-30", "value": 0.1644238705278645 }, { "end": "2020-09-30", "value": 0.16863905325443787 }, { "end": "2020-12-31", "value": 0.16678689038732947 }, { "end": "2021-03-31", "value": 0.12477332961361418 }, { "end": "2021-06-30", "value": 0.1254020005766629 }, { "end": "2021-09-30", "value": 0.12510858324715615 }, { "end": "2021-12-31", "value": 0.1270138848204347 }, { "end": "2022-03-31", "value": 0.1254729692316211 }, { "end": "2022-06-30", "value": 0.12823179006362243 }, { "end": "2022-09-30", "value": 0.13873831540436674 }, { "end": "2022-12-31", "value": 0.14894924419319158 }, { "end": "2023-03-31", "value": 0.1601108358134557 }, { "end": "2023-06-30", "value": 0.16410557021033093 }, { "end": "2023-09-30", "value": 0.16387133365742992 }, { "end": "2023-12-31", "value": 0.16071636688551338 }, { "end": "2024-03-31", "value": 0.16523924303810453 }, { "end": "2024-06-30", "value": 0.18635620178500134 }, { "end": "2024-09-30", "value": 0.20326288095268066 }, { "end": "2024-12-31", "value": 0.21808375557786028 }, { "end": "2025-03-31", "value": 0.22927250979974184 }, { "end": "2025-06-30", "value": 0.22803869012935554 }, { "end": "2025-09-30", "value": 0.23570054021469478 }, { "end": "2025-12-31", "value": 0.22779374323896107 }, { "end": "2026-03-31", "value": 0.24858890463019181 }, { "end": "2026-06-30", "value": 0.26237363156820404 } ] }, { "id": "operating_margin_ttm", "label": "Operating Margin (TTM)", "color": "#5a966e", "unit": "ratio", "latest": { "end": "2026-06-30", "value": 0.3244413741796636 }, "points": [ { "end": "2011-03-31", "value": 0.1897997225469387 }, { "end": "2011-06-30", "value": 0.20029130953238417 }, { "end": "2011-09-30", "value": 0.20447732541827257 }, { "end": "2011-12-31", "value": 0.20504824990313117 }, { "end": "2012-03-31", "value": 0.1970770854778749 }, { "end": "2012-06-30", "value": 0.19099434121481873 }, { "end": "2012-09-30", "value": 0.18269035916223295 }, { "end": "2012-12-31", "value": 0.18828271546869702 }, { "end": "2013-03-31", "value": 0.1759306208485147 }, { "end": "2013-06-30", "value": 0.157668597703083 }, { "end": "2013-09-30", "value": 0.14001992840034697 }, { "end": "2013-12-31", "value": 0.11716293107231142 }, { "end": "2014-03-31", "value": 0.10720421451329835 }, { "end": "2014-06-30", "value": 0.0976198956058713 }, { "end": "2014-09-30", "value": 0.0884994024138336 }, { "end": "2014-12-31", "value": 0.07700775217948917 }, { "end": "2015-03-31", "value": 0.058218029942244946 }, { "end": "2015-06-30", "value": 0.045077633254711556 }, { "end": "2015-09-30", "value": 0.023407507996088428 }, { "end": "2015-12-31", "value": 0.014740386101610275 }, { "end": "2016-03-31", "value": 0.009516558460180692 }, { "end": "2016-06-30", "value": 0.002854505259577776 }, { "end": "2016-09-30", "value": 0.008781433446195731 }, { "end": "2016-12-31", "value": 0.03363650619413518 }, { "end": "2017-03-31", "value": 0.03904991948470209 }, { "end": "2017-06-30", "value": 0.06110226499837734 }, { "end": "2017-09-30", "value": 0.07823885719599163 }, { "end": "2017-12-31", "value": 0.07344972907886815 }, { "end": "2018-03-31", "value": 0.08807055945406554 }, { "end": "2018-06-30", "value": 0.09748022806694868 }, { "end": "2018-09-30", "value": 0.10994856207622165 }, { "end": "2018-12-31", "value": 0.13013546524539196 }, { "end": "2019-03-31", "value": 0.13473437166631108 }, { "end": "2019-06-30", "value": 0.1417246317512275 }, { "end": "2019-09-30", "value": 0.15365472821313556 }, { "end": "2019-12-31", "value": 0.16130525341356167 }, { "end": "2020-03-31", "value": 0.1829978813559322 }, { "end": "2020-06-30", "value": 0.19402921871691722 }, { "end": "2020-09-30", "value": 0.19659160073037127 }, { "end": "2020-12-31", "value": 0.2049799568300956 }, { "end": "2021-03-31", "value": 0.1968096809680968 }, { "end": "2021-06-30", "value": 0.19426215426902593 }, { "end": "2021-09-30", "value": 0.19346894390072283 }, { "end": "2021-12-31", "value": 0.19460235772844234 }, { "end": "2022-03-31", "value": 0.18953355452086876 }, { "end": "2022-06-30", "value": 0.19068585056477186 }, { "end": "2022-09-30", "value": 0.20173255246461688 }, { "end": "2022-12-31", "value": 0.21949563091411237 }, { "end": "2023-03-31", "value": 0.23113716692416772 }, { "end": "2023-06-30", "value": 0.2357446467238752 }, { "end": "2023-09-30", "value": 0.2345970189649506 }, { "end": "2023-12-31", "value": 0.2339579248982054 }, { "end": "2024-03-31", "value": 0.238852440787279 }, { "end": "2024-06-30", "value": 0.2613186932259404 }, { "end": "2024-09-30", "value": 0.282744974434405 }, { "end": "2024-12-31", "value": 0.30279727324624733 }, { "end": "2025-03-31", "value": 0.3151965093940282 }, { "end": "2025-06-30", "value": 0.3087457990817148 }, { "end": "2025-09-30", "value": 0.31018963491845547 }, { "end": "2025-12-31", "value": 0.3065915642096594 }, { "end": "2026-03-31", "value": 0.3109782685139602 }, { "end": "2026-06-30", "value": 0.3244413741796636 } ] }, { "id": "net_margin_ttm", "label": "Net Margin (TTM)", "color": "#4682a0", "unit": "ratio", "latest": { "end": "2026-06-30", "value": 0.2817364142997582 }, "points": [ { "end": "2011-03-31", "value": 0.1453727665172173 }, { "end": "2011-06-30", "value": 0.15536241626851696 }, { "end": "2011-09-30", "value": 0.15293344556180688 }, { "end": "2011-12-31", "value": 0.14413159399966788 }, { "end": "2012-03-31", "value": 0.13785823405608483 }, { "end": "2012-06-30", "value": 0.1293371610106392 }, { "end": "2012-09-30", "value": 0.12282601353364936 }, { "end": "2012-12-31", "value": 0.12524571854755742 }, { "end": "2013-03-31", "value": 0.11754905724613011 }, { "end": "2013-06-30", "value": 0.10503471309565114 }, { "end": "2013-09-30", "value": 0.09126324669967698 }, { "end": "2013-12-31", "value": 0.07195386943216041 }, { "end": "2014-03-31", "value": 0.06233093676070978 }, { "end": "2014-06-30", "value": 0.05476458773660917 }, { "end": "2014-09-30", "value": 0.04220547292209273 }, { "end": "2014-12-31", "value": 0.03289743549802431 }, { "end": "2015-03-31", "value": 0.022731152239773744 }, { "end": "2015-06-30", "value": 0.015196761334639099 }, { "end": "2015-09-30", "value": 0.01850523322102512 }, { "end": "2015-12-31", "value": 0.007913656234023073 }, { "end": "2016-03-31", "value": 0.007905024987094781 }, { "end": "2016-06-30", "value": 0.005522469901888312 }, { "end": "2016-09-30", "value": 0.003710895825304224 }, { "end": "2016-12-31", "value": 0.025246981339187707 }, { "end": "2017-03-31", "value": 0.03063036267935684 }, { "end": "2017-06-30", "value": 0.04710404450056486 }, { "end": "2017-09-30", "value": 0.0593850336586202 }, { "end": "2017-12-31", "value": 0.021004749481570675 }, { "end": "2018-03-31", "value": 0.04010815682739973 }, { "end": "2018-06-30", "value": 0.054319171111519834 }, { "end": "2018-09-30", "value": 0.07049333645078326 }, { "end": "2018-12-31", "value": 0.1859316011547857 }, { "end": "2019-03-31", "value": 0.18780669938126734 }, { "end": "2019-06-30", "value": 0.19205196399345337 }, { "end": "2019-09-30", "value": 0.19371523372694446 }, { "end": "2019-12-31", "value": 0.15269613515389957 }, { "end": "2020-03-31", "value": 0.16582803672316385 }, { "end": "2020-06-30", "value": 0.17649798856658902 }, { "end": "2020-09-30", "value": 0.18665043619395416 }, { "end": "2020-12-31", "value": 0.18829016342892382 }, { "end": "2021-03-31", "value": 0.18008800880088008 }, { "end": "2021-06-30", "value": 0.17687682528775125 }, { "end": "2021-09-30", "value": 0.17734919721102796 }, { "end": "2021-12-31", "value": 0.18155466788343008 }, { "end": "2022-03-31", "value": 0.177877160342376 }, { "end": "2022-06-30", "value": 0.17663653091175932 }, { "end": "2022-09-30", "value": 0.18118399487554904 }, { "end": "2022-12-31", "value": 0.1940739075021506 }, { "end": "2023-03-31", "value": 0.20457619822641748 }, { "end": "2023-06-30", "value": 0.21240718562033845 }, { "end": "2023-09-30", "value": 0.22245675933265027 }, { "end": "2023-12-31", "value": 0.2163664038229528 }, { "end": "2024-03-31", "value": 0.22228038455836022 }, { "end": "2024-06-30", "value": 0.23709759250898452 }, { "end": "2024-09-30", "value": 0.26789250175106816 }, { "end": "2024-12-31", "value": 0.29302844622049096 }, { "end": "2025-03-31", "value": 0.3059683533587314 }, { "end": "2025-06-30", "value": 0.30603493586203634 }, { "end": "2025-09-30", "value": 0.2858435656856912 }, { "end": "2025-12-31", "value": 0.27258113491970115 }, { "end": "2026-03-31", "value": 0.2749198516070047 }, { "end": "2026-06-30", "value": 0.2817364142997582 } ] } ] } ] }, { "id": "competitive_analysis", "title": "Business metrics competitive analysis", "kind": "score_gallery", "open": true, "metrics": [ { "id": "revenue_ttm_5yr_trend", "label": "Revenue (5y trend)", "is_ratio": true, "latest": { "end": "2026-06-30", "value": 0.16692259255777983 }, "latest_score": { "z": 1.9557959693260252, "percentile_empirical": 90.16098916448067, "ref_year": 2026, "fallback_year_used": false, "r_squared": 0.9906730751926962 }, "latest_fit": { "year": 2026, "t_df": 3.132093656524525, "t_loc": 0.05882262761072473, "t_scale": 0.05527159613909357, "n_observations": 478, "universe": "sp500", "percentiles_empirical": [ -0.400032, -0.134256, -0.104317, -0.085122, -0.064261, -0.053778, -0.042476, -0.035479, -0.029896, -0.022549, -0.014691, -0.010865, -0.009822, -0.005872, -0.001948, 0.000723, 0.003252, 0.005233, 0.008543, 0.010373, 0.013611, 0.014789, 0.01672, 0.017371, 0.018455, 0.020322, 0.021314, 0.021827, 0.022852, 0.024331, 0.025275, 0.027191, 0.028368, 0.029598, 0.032551, 0.033518, 0.036084, 0.037662, 0.038617, 0.039414, 0.041289, 0.042633, 0.044514, 0.046696, 0.048699, 0.049991, 0.051012, 0.05275, 0.055094, 0.05597, 0.057516, 0.059749, 0.060803, 0.061969, 0.063703, 0.064775, 0.067477, 0.069499, 0.072108, 0.073126, 0.074149, 0.076788, 0.077953, 0.079035, 0.080028, 0.081104, 0.082287, 0.083438, 0.085124, 0.088097, 0.090385, 0.09339, 0.09544, 0.098675, 0.102102, 0.104945, 0.106345, 0.108865, 0.109885, 0.113327, 0.117212, 0.120631, 0.125149, 0.127763, 0.130497, 0.137203, 0.141326, 0.145334, 0.152118, 0.157964, 0.166084, 0.171293, 0.178592, 0.189535, 0.19428, 0.204968, 0.219804, 0.247673, 0.273516, 0.295671 ] }, "history": [ { "end": "2013-12-31", "value": 0.19582241798697644, "ref_year": 2014, "fallback_year_used": true, "z": 2.183002100713451, "percentile_empirical": 88.98015614666681, "r_squared": 0.9953641842012526 }, { "end": "2014-03-31", "value": 0.19203051682530484, "ref_year": 2014, "fallback_year_used": false, "z": 2.1168294836561263, "percentile_empirical": 88.79952921570546, "r_squared": 0.996290127993096 }, { "end": "2014-06-30", "value": 0.19054945002973692, "ref_year": 2014, "fallback_year_used": false, "z": 2.090983328463561, "percentile_empirical": 88.72897870860463, "r_squared": 0.9958488966486675 }, { "end": "2014-09-30", "value": 0.1903209324307396, "ref_year": 2014, "fallback_year_used": false, "z": 2.086995458810692, "percentile_empirical": 88.71809328970322, "r_squared": 0.9940542402245136 }, { "end": "2014-12-31", "value": 0.19160413845355856, "ref_year": 2014, "fallback_year_used": false, "z": 2.1093887378370413, "percentile_empirical": 88.77921871355016, "r_squared": 0.9900132951082852 }, { "end": "2015-03-31", "value": 0.19308294841436482, "ref_year": 2015, "fallback_year_used": false, "z": 2.447583329653864, "percentile_empirical": 91.20632795399463, "r_squared": 0.9859188995685777 }, { "end": "2015-06-30", "value": 0.19552288283027877, "ref_year": 2015, "fallback_year_used": false, "z": 2.4908497114009402, "percentile_empirical": 91.43558045948312, "r_squared": 0.9799253994375471 }, { "end": "2015-09-30", "value": 0.19906283560965202, "ref_year": 2015, "fallback_year_used": false, "z": 2.5536222791060506, "percentile_empirical": 91.76818900776586, "r_squared": 0.9714620596023349 }, { "end": "2015-12-31", "value": 0.20321555258698418, "ref_year": 2015, "fallback_year_used": false, "z": 2.627260749409572, "percentile_empirical": 92.30315694010507, "r_squared": 0.9619158844090494 }, { "end": "2016-03-31", "value": 0.20719990089465656, "ref_year": 2016, "fallback_year_used": false, "z": 2.7777089411293394, "percentile_empirical": 92.47077617998022, "r_squared": 0.9536686063104776 }, { "end": "2016-06-30", "value": 0.21044212690464634, "ref_year": 2016, "fallback_year_used": false, "z": 2.8326135084267117, "percentile_empirical": 92.73426468140157, "r_squared": 0.9454968701131952 }, { "end": "2016-09-30", "value": 0.2133163011347417, "ref_year": 2016, "fallback_year_used": false, "z": 2.8812854060533506, "percentile_empirical": 92.96784243272992, "r_squared": 0.9434599993715954 }, { "end": "2016-12-31", "value": 0.21657521056404933, "ref_year": 2016, "fallback_year_used": false, "z": 2.936472494037395, "percentile_empirical": 93.41197274302868, "r_squared": 0.9454749135894297 }, { "end": "2017-03-31", "value": 0.21906505581903815, "ref_year": 2017, "fallback_year_used": false, "z": 2.5796425032847665, "percentile_empirical": 94.74157844060089, "r_squared": 0.9511323130560678 }, { "end": "2017-06-30", "value": 0.22027659910882277, "ref_year": 2017, "fallback_year_used": false, "z": 2.597755686432292, "percentile_empirical": 94.80658934904608, "r_squared": 0.9588392287743364 }, { "end": "2017-09-30", "value": 0.22060950620953887, "ref_year": 2017, "fallback_year_used": false, "z": 2.6027328154686424, "percentile_empirical": 94.82445300544853, "r_squared": 0.9673994980923709 }, { "end": "2017-12-31", "value": 0.21936744171558348, "ref_year": 2017, "fallback_year_used": false, "z": 2.5841633249273244, "percentile_empirical": 94.75780434189652, "r_squared": 0.9752998786034608 }, { "end": "2018-03-31", "value": 0.21756259951006898, "ref_year": 2018, "fallback_year_used": false, "z": 2.5239516561380064, "percentile_empirical": 94.08894888223462, "r_squared": 0.9831308471574041 }, { "end": "2018-06-30", "value": 0.21520835703297875, "ref_year": 2018, "fallback_year_used": false, "z": 2.487539819056519, "percentile_empirical": 93.76099908728018, "r_squared": 0.9889990752034412 }, { "end": "2018-09-30", "value": 0.212126615079406, "ref_year": 2018, "fallback_year_used": false, "z": 2.439876128067745, "percentile_empirical": 93.19471059893532, "r_squared": 0.9929548061382423 }, { "end": "2018-12-31", "value": 0.20852002065474104, "ref_year": 2018, "fallback_year_used": false, "z": 2.384094818415983, "percentile_empirical": 92.81316172643346, "r_squared": 0.9948066819333006 }, { "end": "2019-03-31", "value": 0.20407760252120338, "ref_year": 2019, "fallback_year_used": false, "z": 2.528911434925013, "percentile_empirical": 92.66374663607422, "r_squared": 0.995870844154796 }, { "end": "2019-06-30", "value": 0.1993777331145535, "ref_year": 2019, "fallback_year_used": false, "z": 2.4454398381948375, "percentile_empirical": 92.40015328741187, "r_squared": 0.9963684899865798 }, { "end": "2019-09-30", "value": 0.19486018380273987, "ref_year": 2019, "fallback_year_used": false, "z": 2.3652063206781913, "percentile_empirical": 92.14678540677173, "r_squared": 0.9960244635531575 }, { "end": "2019-12-31", "value": 0.19089236574690102, "ref_year": 2019, "fallback_year_used": false, "z": 2.2947362543850565, "percentile_empirical": 91.89776441956711, "r_squared": 0.9943105587206307 }, { "end": "2020-03-31", "value": 0.1873723383059451, "ref_year": 2020, "fallback_year_used": false, "z": 2.3098285119569315, "percentile_empirical": 92.15305365875604, "r_squared": 0.9919909307075574 }, { "end": "2020-06-30", "value": 0.18374872404813788, "ref_year": 2020, "fallback_year_used": false, "z": 2.2458242911105306, "percentile_empirical": 91.87879066434913, "r_squared": 0.9897150884851098 }, { "end": "2020-09-30", "value": 0.18050557407050932, "ref_year": 2020, "fallback_year_used": false, "z": 2.188540244675701, "percentile_empirical": 91.54516758260563, "r_squared": 0.9875186866846575 }, { "end": "2020-12-31", "value": 0.17854412120335442, "ref_year": 2020, "fallback_year_used": false, "z": 2.1538949282713116, "percentile_empirical": 91.34339277886579, "r_squared": 0.9846400442681811 }, { "end": "2021-03-31", "value": 0.17783696486723333, "ref_year": 2021, "fallback_year_used": false, "z": 2.1359459849010687, "percentile_empirical": 89.30986667463364, "r_squared": 0.9817899738863214 }, { "end": "2021-06-30", "value": 0.17921167897225568, "ref_year": 2021, "fallback_year_used": false, "z": 2.160434176326132, "percentile_empirical": 89.47276679372624, "r_squared": 0.9770116415805092 }, { "end": "2021-09-30", "value": 0.18278372240857438, "ref_year": 2021, "fallback_year_used": false, "z": 2.2240640489866665, "percentile_empirical": 89.89604484045199, "r_squared": 0.970099546106173 }, { "end": "2021-12-31", "value": 0.18733287165180382, "ref_year": 2021, "fallback_year_used": false, "z": 2.3050993981420986, "percentile_empirical": 90.39216828493045, "r_squared": 0.9628941424511499 }, { "end": "2022-03-31", "value": 0.19318219480751656, "ref_year": 2022, "fallback_year_used": false, "z": 2.1801111460633513, "percentile_empirical": 88.85351774906516, "r_squared": 0.9558355825988695 }, { "end": "2022-06-30", "value": 0.19914765126531955, "ref_year": 2022, "fallback_year_used": false, "z": 2.284708149374818, "percentile_empirical": 89.5408319886678, "r_squared": 0.9515599811258604 }, { "end": "2022-09-30", "value": 0.20555844979079652, "ref_year": 2022, "fallback_year_used": false, "z": 2.3971136826884263, "percentile_empirical": 90.2743153746187, "r_squared": 0.9473624724606231 }, { "end": "2022-12-31", "value": 0.21250704110916216, "ref_year": 2022, "fallback_year_used": false, "z": 2.51894875671473, "percentile_empirical": 91.052929873145, "r_squared": 0.9431459055941566 }, { "end": "2023-03-31", "value": 0.21906711041724827, "ref_year": 2023, "fallback_year_used": false, "z": 2.7613594309981337, "percentile_empirical": 93.13678830125048, "r_squared": 0.9406884921193972 }, { "end": "2023-06-30", "value": 0.22429538446249928, "ref_year": 2023, "fallback_year_used": false, "z": 2.861777728837986, "percentile_empirical": 93.57124683916398, "r_squared": 0.9422121533154523 }, { "end": "2023-09-30", "value": 0.22734924327961478, "ref_year": 2023, "fallback_year_used": false, "z": 2.920432516556414, "percentile_empirical": 93.82501606112804, "r_squared": 0.9488538107967804 }, { "end": "2023-12-31", "value": 0.2276997110041271, "ref_year": 2023, "fallback_year_used": false, "z": 2.9271638722655315, "percentile_empirical": 93.85413918930756, "r_squared": 0.9581789024881807 }, { "end": "2024-03-31", "value": 0.2254079260678147, "ref_year": 2024, "fallback_year_used": false, "z": 3.012088635096176, "percentile_empirical": 95.10553627807334, "r_squared": 0.9679016593165483 }, { "end": "2024-06-30", "value": 0.22120297540225387, "ref_year": 2024, "fallback_year_used": false, "z": 2.9274326474361514, "percentile_empirical": 94.86206700663007, "r_squared": 0.9757358720906826 }, { "end": "2024-09-30", "value": 0.21568259232884335, "ref_year": 2024, "fallback_year_used": false, "z": 2.8162937736394196, "percentile_empirical": 94.42244105509623, "r_squared": 0.9815268358772717 }, { "end": "2024-12-31", "value": 0.2098828044680737, "ref_year": 2024, "fallback_year_used": false, "z": 2.6995297950288433, "percentile_empirical": 93.88081936656407, "r_squared": 0.9859391787735282 }, { "end": "2025-03-31", "value": 0.2034133355024165, "ref_year": 2025, "fallback_year_used": false, "z": 2.5304234002630124, "percentile_empirical": 93.70706383132327, "r_squared": 0.9890762688473409 }, { "end": "2025-06-30", "value": 0.19628963395882162, "ref_year": 2025, "fallback_year_used": false, "z": 2.400145416351572, "percentile_empirical": 92.89857412931843, "r_squared": 0.9909071780913299 }, { "end": "2025-09-30", "value": 0.18854987879345694, "ref_year": 2025, "fallback_year_used": false, "z": 2.258601067147544, "percentile_empirical": 92.19412749553626, "r_squared": 0.9915895875027099 }, { "end": "2025-12-31", "value": 0.18049677858369598, "ref_year": 2025, "fallback_year_used": false, "z": 2.1113262756442746, "percentile_empirical": 91.1096072467583, "r_squared": 0.9916744690886251 }, { "end": "2026-03-31", "value": 0.17303540691791613, "ref_year": 2026, "fallback_year_used": false, "z": 2.0663919134842708, "percentile_empirical": 91.23871858034198, "r_squared": 0.9916813844595028 }, { "end": "2026-06-30", "value": 0.16692259255777983, "ref_year": 2026, "fallback_year_used": false, "z": 1.9557959693260252, "percentile_empirical": 90.16098916448067, "r_squared": 0.9906730751926962 } ] }, { "id": "operating_income_ttm_5yr_trend", "label": "Operating Income (5y trend)", "is_ratio": true, "latest": { "end": "2026-06-30", "value": 0.27710315158201176 }, "latest_score": { "z": 1.794690291914065, "percentile_empirical": 89.1591593536537, "ref_year": 2026, "fallback_year_used": false, "r_squared": 0.9807869673663888 }, "latest_fit": { "year": 2026, "t_df": 2.219920049339155, "t_loc": 0.06345584436981708, "t_scale": 0.11904410926764222, "n_observations": 479, "universe": "sp500", "percentiles_empirical": [ -0.690141, -0.527562, -0.45962, -0.420599, -0.36304, -0.312487, -0.25912, -0.223572, -0.195489, -0.164157, -0.150184, -0.139716, -0.125732, -0.118645, -0.10917, -0.104373, -0.092677, -0.079184, -0.074342, -0.069952, -0.062049, -0.057853, -0.048526, -0.044051, -0.03345, -0.028173, -0.02608, -0.022152, -0.019765, -0.012618, -0.009364, -0.004609, 0.000709, 0.006526, 0.008647, 0.012961, 0.015681, 0.022575, 0.027535, 0.030784, 0.033386, 0.03686, 0.040733, 0.044682, 0.04697, 0.049064, 0.051914, 0.056262, 0.058645, 0.063212, 0.066476, 0.072209, 0.074604, 0.079028, 0.083164, 0.085078, 0.088747, 0.090394, 0.093608, 0.096746, 0.099764, 0.10307, 0.103902, 0.106147, 0.108153, 0.11072, 0.117511, 0.119462, 0.121916, 0.125396, 0.128981, 0.133186, 0.13755, 0.140963, 0.146808, 0.152863, 0.154308, 0.157246, 0.161822, 0.165556, 0.174737, 0.182815, 0.186439, 0.192842, 0.199417, 0.204706, 0.219554, 0.245997, 0.261539, 0.273474, 0.296276, 0.339811, 0.361755, 0.37881, 0.388648, 0.453549, 0.479015, 0.545008, 0.600123, 0.688239 ] }, "history": [ { "end": "2013-12-31", "value": 0.041175747344416175, "ref_year": 2014, "fallback_year_used": true, "z": -0.5299172745197924, "percentile_empirical": 33.6117661192521, "r_squared": 0.09480894014332385 }, { "end": "2014-03-31", "value": 0.007505209287231854, "ref_year": 2014, "fallback_year_used": false, "z": -0.8490161921487711, "percentile_empirical": 20.750413044786825, "r_squared": 0.0032206239412990085 }, { "end": "2014-06-30", "value": -0.018103256321173093, "ref_year": 2014, "fallback_year_used": false, "z": -1.091710076158069, "percentile_empirical": 14.884463361707182, "r_squared": 0.018870500134900034 }, { "end": "2014-09-30", "value": -0.0383824819180626, "ref_year": 2014, "fallback_year_used": false, "z": -1.28389824159015, "percentile_empirical": 12.066042166610487, "r_squared": 0.08423373167122604 }, { "end": "2014-12-31", "value": -0.05698804166985734, "ref_year": 2014, "fallback_year_used": false, "z": -1.460224915330732, "percentile_empirical": 10.344142863303198, "r_squared": 0.1764953817516236 }, { "end": "2015-03-31", "value": -0.08172739551997814, "ref_year": 2015, "fallback_year_used": false, "z": -1.471664674120836, "percentile_empirical": 13.326094927482277, "r_squared": 0.2945835075861012 }, { "end": "2015-06-30", "value": -0.10695085054510646, "ref_year": 2015, "fallback_year_used": false, "z": -1.7225512453681133, "percentile_empirical": 10.594389069146477, "r_squared": 0.40140557545310707 }, { "end": "2015-09-30", "value": -0.14122460119202013, "ref_year": 2015, "fallback_year_used": false, "z": -2.0634571115558322, "percentile_empirical": 8.090601743397556, "r_squared": 0.4896238729423457 }, { "end": "2015-12-31", "value": -0.17353242879374448, "ref_year": 2015, "fallback_year_used": false, "z": -2.384808809147211, "percentile_empirical": 6.644863553645345, "r_squared": 0.5614971122618851 }, { "end": "2016-03-31", "value": -0.2024572157178949, "ref_year": 2016, "fallback_year_used": false, "z": -2.6788743326701656, "percentile_empirical": 8.641113611717, "r_squared": 0.6210241717643807 }, { "end": "2016-06-30", "value": -0.265012585804934, "ref_year": 2016, "fallback_year_used": false, "z": -3.3154102458069703, "percentile_empirical": 6.056084383635951, "r_squared": 0.7644603365289264 }, { "end": "2016-09-30", "value": -0.3142933074911899, "ref_year": 2016, "fallback_year_used": false, "z": -3.8168691794677443, "percentile_empirical": 3.9748129324341774, "r_squared": 0.854609449947816 }, { "end": "2016-12-31", "value": -0.3202181289283162, "ref_year": 2016, "fallback_year_used": false, "z": -3.8771575546848718, "percentile_empirical": 3.9107746549036295, "r_squared": 0.8402733528013857 }, { "end": "2017-03-31", "value": -0.30826860895608554, "ref_year": 2017, "fallback_year_used": false, "z": -4.139847978796669, "percentile_empirical": 4.70455893758418, "r_squared": 0.7645780566857514 }, { "end": "2017-06-30", "value": -0.2541919123406052, "ref_year": 2017, "fallback_year_used": false, "z": -3.5366116685453535, "percentile_empirical": 6.159442850992063, "r_squared": 0.5236034043715166 }, { "end": "2017-09-30", "value": -0.1677836702526264, "ref_year": 2017, "fallback_year_used": false, "z": -2.5727105356212485, "percentile_empirical": 9.351210828934576, "r_squared": 0.2161754444305566 }, { "end": "2017-12-31", "value": -0.08902948680478275, "ref_year": 2017, "fallback_year_used": false, "z": -1.6941919497368334, "percentile_empirical": 12.993865535832143, "r_squared": 0.058632641302567116 }, { "end": "2018-03-31", "value": 0.016799080476830344, "ref_year": 2018, "fallback_year_used": false, "z": -0.49406618722144685, "percentile_empirical": 32.608913713196145, "r_squared": 0.0018695448208779935 }, { "end": "2018-06-30", "value": 0.1266811375963742, "ref_year": 2018, "fallback_year_used": false, "z": 0.7149515335634653, "percentile_empirical": 73.46697288743688, "r_squared": 0.0901460225789928 }, { "end": "2018-09-30", "value": 0.23264851834931874, "ref_year": 2018, "fallback_year_used": false, "z": 1.880896588779263, "percentile_empirical": 89.2114019332351, "r_squared": 0.2496728597008681 }, { "end": "2018-12-31", "value": 0.3334506614328481, "ref_year": 2018, "fallback_year_used": false, "z": 2.990009218045892, "percentile_empirical": 94.0359153733924, "r_squared": 0.4105929479670032 }, { "end": "2019-03-31", "value": 0.4047909542457775, "ref_year": 2019, "fallback_year_used": false, "z": 4.149884818178419, "percentile_empirical": 95.01181665779966, "r_squared": 0.5390645778580939 }, { "end": "2019-06-30", "value": 0.4588201318271632, "ref_year": 2019, "fallback_year_used": false, "z": 4.820279466429534, "percentile_empirical": 95.96194727560298, "r_squared": 0.6492275782832472 }, { "end": "2019-09-30", "value": 0.5005052725371237, "ref_year": 2019, "fallback_year_used": false, "z": 5.337509165168833, "percentile_empirical": 96.67438992094472, "r_squared": 0.7402320022152393 }, { "end": "2019-12-31", "value": 0.5285252266350331, "ref_year": 2019, "fallback_year_used": false, "z": 5.685181073429602, "percentile_empirical": 97.1921827309775, "r_squared": 0.8154459759818874 }, { "end": "2020-03-31", "value": 0.5495075444602996, "ref_year": 2020, "fallback_year_used": false, "z": 5.231167266236898, "percentile_empirical": 97.74489847865703, "r_squared": 0.8667604610320678 }, { "end": "2020-06-30", "value": 0.5548023777143987, "ref_year": 2020, "fallback_year_used": false, "z": 5.286898055206501, "percentile_empirical": 97.85925525829677, "r_squared": 0.9035878140157247 }, { "end": "2020-09-30", "value": 0.5468307473014056, "ref_year": 2020, "fallback_year_used": false, "z": 5.202992626844569, "percentile_empirical": 97.68708553382012, "r_squared": 0.9352869719520515 }, { "end": "2020-12-31", "value": 0.5280496447670117, "ref_year": 2020, "fallback_year_used": false, "z": 5.005312055666909, "percentile_empirical": 97.28145493114644, "r_squared": 0.953112364320686 }, { "end": "2021-03-31", "value": 0.4996897312348129, "ref_year": 2021, "fallback_year_used": false, "z": 3.8643133769432283, "percentile_empirical": 96.40295689442333, "r_squared": 0.9685457970190933 }, { "end": "2021-06-30", "value": 0.46814136144735696, "ref_year": 2021, "fallback_year_used": false, "z": 3.5800244541320487, "percentile_empirical": 96.10060436682247, "r_squared": 0.9784089628783535 }, { "end": "2021-09-30", "value": 0.4346986673000573, "ref_year": 2021, "fallback_year_used": false, "z": 3.2786653804590955, "percentile_empirical": 95.58044738160646, "r_squared": 0.9828603017360726 }, { "end": "2021-12-31", "value": 0.4038749352886279, "ref_year": 2021, "fallback_year_used": false, "z": 3.000906319386027, "percentile_empirical": 95.01683918977194, "r_squared": 0.9849635317939072 }, { "end": "2022-03-31", "value": 0.37883732521962754, "ref_year": 2022, "fallback_year_used": false, "z": 2.5665157309296944, "percentile_empirical": 93.53055108605416, "r_squared": 0.9886196500740587 }, { "end": "2022-06-30", "value": 0.35538331357045794, "ref_year": 2022, "fallback_year_used": false, "z": 2.355258862899259, "percentile_empirical": 93.12442101420706, "r_squared": 0.9902665326247113 }, { "end": "2022-09-30", "value": 0.34155372648167615, "ref_year": 2022, "fallback_year_used": false, "z": 2.230691889102534, "percentile_empirical": 92.55057673712636, "r_squared": 0.9880514742832456 }, { "end": "2022-12-31", "value": 0.33734352406440304, "ref_year": 2022, "fallback_year_used": false, "z": 2.192769413845352, "percentile_empirical": 92.26579572946449, "r_squared": 0.9729000368560633 }, { "end": "2023-03-31", "value": 0.3333155098856856, "ref_year": 2023, "fallback_year_used": false, "z": 2.177847460233621, "percentile_empirical": 89.8384152555749, "r_squared": 0.9509963795965027 }, { "end": "2023-06-30", "value": 0.32986696390817266, "ref_year": 2023, "fallback_year_used": false, "z": 2.1456265564272923, "percentile_empirical": 89.6216346434607, "r_squared": 0.9384332096763188 }, { "end": "2023-09-30", "value": 0.3229662351191952, "ref_year": 2023, "fallback_year_used": false, "z": 2.081150768674113, "percentile_empirical": 89.18784480256444, "r_squared": 0.9374332367713837 }, { "end": "2023-12-31", "value": 0.3134397875073465, "ref_year": 2023, "fallback_year_used": false, "z": 1.9921420229247593, "percentile_empirical": 88.55730161198095, "r_squared": 0.9420842073814684 }, { "end": "2024-03-31", "value": 0.3047274600614299, "ref_year": 2024, "fallback_year_used": false, "z": 1.8753947430733755, "percentile_empirical": 87.30494802160695, "r_squared": 0.9496783676346152 }, { "end": "2024-06-30", "value": 0.2996417367719542, "ref_year": 2024, "fallback_year_used": false, "z": 1.8287374545153927, "percentile_empirical": 87.0365579593622, "r_squared": 0.9514441757081851 }, { "end": "2024-09-30", "value": 0.2975847472935102, "ref_year": 2024, "fallback_year_used": false, "z": 1.8098662839475597, "percentile_empirical": 86.88819433646206, "r_squared": 0.947424432376098 }, { "end": "2024-12-31", "value": 0.29902691459375247, "ref_year": 2024, "fallback_year_used": false, "z": 1.823096971510828, "percentile_empirical": 87.00411180504261, "r_squared": 0.9394134922683776 }, { "end": "2025-03-31", "value": 0.2998989116044199, "ref_year": 2025, "fallback_year_used": false, "z": 1.869252390329549, "percentile_empirical": 89.38048127043811, "r_squared": 0.9361101003526354 }, { "end": "2025-06-30", "value": 0.2980333454748761, "ref_year": 2025, "fallback_year_used": false, "z": 1.8535303655790365, "percentile_empirical": 89.32384083173562, "r_squared": 0.9458377696168443 }, { "end": "2025-09-30", "value": 0.29460128019162146, "ref_year": 2025, "fallback_year_used": false, "z": 1.824606697597404, "percentile_empirical": 89.21963992445036, "r_squared": 0.9574573700720649 }, { "end": "2025-12-31", "value": 0.28788046297533904, "ref_year": 2025, "fallback_year_used": false, "z": 1.767967132296172, "percentile_empirical": 89.01558924538783, "r_squared": 0.9678871730246114 }, { "end": "2026-03-31", "value": 0.2818865216666202, "ref_year": 2026, "fallback_year_used": false, "z": 1.8348717852616627, "percentile_empirical": 89.36893788556355, "r_squared": 0.9774313261688843 }, { "end": "2026-06-30", "value": 0.27710315158201176, "ref_year": 2026, "fallback_year_used": false, "z": 1.794690291914065, "percentile_empirical": 89.1591593536537, "r_squared": 0.9807869673663888 } ] }, { "id": "net_income_ttm_5yr_trend", "label": "Net Income (5y trend)", "is_ratio": true, "latest": { "end": "2026-06-30", "value": 0.274823734641045 }, "latest_score": { "z": 1.484691885979768, "percentile_empirical": 87.18928766248729, "ref_year": 2026, "fallback_year_used": false, "r_squared": 0.9689195602889423 }, "latest_fit": { "year": 2026, "t_df": 2.7183332531677804, "t_loc": 0.05743368190069034, "t_scale": 0.14642098794585656, "n_observations": 483, "universe": "sp500", "percentiles_empirical": [ -0.703849, -0.594198, -0.48157, -0.44285, -0.393156, -0.347262, -0.317416, -0.271388, -0.262758, -0.232046, -0.206868, -0.188737, -0.16527, -0.15525, -0.147548, -0.136223, -0.127895, -0.120122, -0.11187, -0.099264, -0.082633, -0.072646, -0.065664, -0.062288, -0.052389, -0.047295, -0.042861, -0.037602, -0.031642, -0.02805, -0.023749, -0.019259, -0.01584, -0.009601, -0.003454, 0.003742, 0.008841, 0.012812, 0.015378, 0.018522, 0.02455, 0.029557, 0.033083, 0.038218, 0.041236, 0.044444, 0.046299, 0.050567, 0.052808, 0.05456, 0.058219, 0.060454, 0.063874, 0.067416, 0.070662, 0.074125, 0.079214, 0.081379, 0.085797, 0.091601, 0.095028, 0.099869, 0.103301, 0.108362, 0.111523, 0.113221, 0.116192, 0.119121, 0.124473, 0.126496, 0.129896, 0.135451, 0.143676, 0.149368, 0.156164, 0.159139, 0.165267, 0.171212, 0.176661, 0.180451, 0.193846, 0.201008, 0.206942, 0.216494, 0.225792, 0.239846, 0.247514, 0.269723, 0.29667, 0.310915, 0.327295, 0.355314, 0.371769, 0.389614, 0.440817, 0.46498, 0.487306, 0.547972, 0.58476, 0.71141 ] }, "history": [ { "end": "2013-12-31", "value": -0.024194076533177563, "ref_year": 2014, "fallback_year_used": true, "z": -1.040617616048669, "percentile_empirical": 17.598335371444577, "r_squared": 0.039090629765617516 }, { "end": "2014-03-31", "value": -0.06229997485415578, "ref_year": 2014, "fallback_year_used": false, "z": -1.340494332844504, "percentile_empirical": 12.145329367278721, "r_squared": 0.18531480444839868 }, { "end": "2014-06-30", "value": -0.09215348168783238, "ref_year": 2014, "fallback_year_used": false, "z": -1.5754283459129341, "percentile_empirical": 10.486453351929109, "r_squared": 0.3257756692432887 }, { "end": "2014-09-30", "value": -0.12439526137938028, "ref_year": 2014, "fallback_year_used": false, "z": -1.829157019519173, "percentile_empirical": 8.69654119773751, "r_squared": 0.4498069783420043 }, { "end": "2014-12-31", "value": -0.15486863269021822, "ref_year": 2014, "fallback_year_used": false, "z": -2.0689690943171484, "percentile_empirical": 6.102203575119906, "r_squared": 0.5468818920612615 }, { "end": "2015-03-31", "value": -0.18708470993914192, "ref_year": 2015, "fallback_year_used": false, "z": -2.4591530214965855, "percentile_empirical": 8.38578550679818, "r_squared": 0.6215161420903808 }, { "end": "2015-06-30", "value": -0.21839066294910953, "ref_year": 2015, "fallback_year_used": false, "z": -2.75471822821356, "percentile_empirical": 7.4186176388013205, "r_squared": 0.6801546719313737 }, { "end": "2015-09-30", "value": -0.23421572904618715, "ref_year": 2015, "fallback_year_used": false, "z": -2.904125560767957, "percentile_empirical": 6.6208774281058504, "r_squared": 0.7250348252374814 }, { "end": "2015-12-31", "value": -0.2588966284192074, "ref_year": 2015, "fallback_year_used": false, "z": -3.137142428927982, "percentile_empirical": 5.846413295133566, "r_squared": 0.7642750878608964 }, { "end": "2016-03-31", "value": -0.27632221702788473, "ref_year": 2016, "fallback_year_used": false, "z": -3.102366736620188, "percentile_empirical": 6.134122669598832, "r_squared": 0.7954973174013867 }, { "end": "2016-06-30", "value": -0.32697189061276744, "ref_year": 2016, "fallback_year_used": false, "z": -3.5576197652568795, "percentile_empirical": 4.748366482764558, "r_squared": 0.8837665438250909 }, { "end": "2016-09-30", "value": -0.3728772968909926, "ref_year": 2016, "fallback_year_used": false, "z": -3.9702300302359084, "percentile_empirical": 4.173269313084205, "r_squared": 0.9247653966184157 }, { "end": "2016-12-31", "value": -0.36009274658884644, "ref_year": 2016, "fallback_year_used": false, "z": -3.8553190183207735, "percentile_empirical": 4.33343255507446, "r_squared": 0.843140565252589 }, { "end": "2017-03-31", "value": -0.32548903852641864, "ref_year": 2017, "fallback_year_used": false, "z": -3.6316808348267733, "percentile_empirical": 4.278355709147751, "r_squared": 0.6949512506887958 }, { "end": "2017-06-30", "value": -0.2409963652218971, "ref_year": 2017, "fallback_year_used": false, "z": -2.8546942467325067, "percentile_empirical": 6.01350224248569, "r_squared": 0.37844472659703016 }, { "end": "2017-09-30", "value": -0.1254840122529295, "ref_year": 2017, "fallback_year_used": false, "z": -1.7924536345480209, "percentile_empirical": 12.67366083881291, "r_squared": 0.09260911731793554 }, { "end": "2017-12-31", "value": -0.10041924056664214, "ref_year": 2017, "fallback_year_used": false, "z": -1.5619603778877658, "percentile_empirical": 14.650761830508856, "r_squared": 0.057872949194647624 }, { "end": "2018-03-31", "value": -0.013524134986571816, "ref_year": 2018, "fallback_year_used": false, "z": -0.7422559696845566, "percentile_empirical": 25.587098568826594, "r_squared": 0.0010628202076149271 }, { "end": "2018-06-30", "value": 0.1064181652659961, "ref_year": 2018, "fallback_year_used": false, "z": 0.14853506046464346, "percentile_empirical": 56.530044147283505, "r_squared": 0.05928866142082975 }, { "end": "2018-09-30", "value": 0.24117305098314407, "ref_year": 2018, "fallback_year_used": false, "z": 1.1493366393308617, "percentile_empirical": 84.08086171818903, "r_squared": 0.23545409797295883 }, { "end": "2018-12-31", "value": 0.4838369404929105, "ref_year": 2018, "fallback_year_used": false, "z": 2.951560005576404, "percentile_empirical": 96.67273848633994, "r_squared": 0.3125787399926015 }, { "end": "2019-03-31", "value": 0.6004009310004796, "ref_year": 2019, "fallback_year_used": false, "z": 4.419856192527221, "percentile_empirical": 97.16284781479021, "r_squared": 0.4278135699792126 }, { "end": "2019-06-30", "value": 0.6580497206130874, "ref_year": 2019, "fallback_year_used": false, "z": 4.935730022775967, "percentile_empirical": 97.80053450231837, "r_squared": 0.5317403600331467 }, { "end": "2019-09-30", "value": 0.6815269353593044, "ref_year": 2019, "fallback_year_used": false, "z": 5.145817359840449, "percentile_empirical": 98.16425144371959, "r_squared": 0.6236334326926462 }, { "end": "2019-12-31", "value": 0.6655013709237761, "ref_year": 2019, "fallback_year_used": false, "z": 5.002411585620238, "percentile_empirical": 97.88296152698224, "r_squared": 0.6926734497352255 }, { "end": "2020-03-31", "value": 0.6448807394766163, "ref_year": 2020, "fallback_year_used": false, "z": 4.646929609365854, "percentile_empirical": 98.22283398606456, "r_squared": 0.7532160354777981 }, { "end": "2020-06-30", "value": 0.6190596426535907, "ref_year": 2020, "fallback_year_used": false, "z": 4.431839448674538, "percentile_empirical": 97.99918077305267, "r_squared": 0.8024508654515914 }, { "end": "2020-09-30", "value": 0.5902428201392447, "ref_year": 2020, "fallback_year_used": false, "z": 4.191794843764622, "percentile_empirical": 97.56487852874434, "r_squared": 0.8416474129259949 }, { "end": "2020-12-31", "value": 0.5611520049703949, "ref_year": 2020, "fallback_year_used": false, "z": 3.9494678755418944, "percentile_empirical": 97.12644690394254, "r_squared": 0.8750213190482994 }, { "end": "2021-03-31", "value": 0.5236095769743311, "ref_year": 2021, "fallback_year_used": false, "z": 2.9513135275514326, "percentile_empirical": 96.37263559523711, "r_squared": 0.8953450261856786 }, { "end": "2021-06-30", "value": 0.4858929805088112, "ref_year": 2021, "fallback_year_used": false, "z": 2.6852485688916308, "percentile_empirical": 95.7168656469715, "r_squared": 0.9089126218290381 }, { "end": "2021-09-30", "value": 0.44902507091558697, "ref_year": 2021, "fallback_year_used": false, "z": 2.425170519411158, "percentile_empirical": 94.79955958316397, "r_squared": 0.9174794744046705 }, { "end": "2021-12-31", "value": 0.41417190710223256, "ref_year": 2021, "fallback_year_used": false, "z": 2.1793051323357124, "percentile_empirical": 94.24599207608253, "r_squared": 0.922600087585348 }, { "end": "2022-03-31", "value": 0.3855258292239412, "ref_year": 2022, "fallback_year_used": false, "z": 2.0231264972134264, "percentile_empirical": 93.4902250992222, "r_squared": 0.928081252468314 }, { "end": "2022-06-30", "value": 0.35809771103504706, "ref_year": 2022, "fallback_year_used": false, "z": 1.817840757125057, "percentile_empirical": 92.08302100483068, "r_squared": 0.9311793371754984 }, { "end": "2022-09-30", "value": 0.33741518555841715, "ref_year": 2022, "fallback_year_used": false, "z": 1.6630424031101727, "percentile_empirical": 91.08582470377712, "r_squared": 0.9346466088351124 }, { "end": "2022-12-31", "value": 0.32496830014898426, "ref_year": 2022, "fallback_year_used": false, "z": 1.5698836940265446, "percentile_empirical": 89.89428468157065, "r_squared": 0.9326347266903028 }, { "end": "2023-03-31", "value": 0.3062518555775641, "ref_year": 2023, "fallback_year_used": false, "z": 1.700412574917479, "percentile_empirical": 87.57021260699058, "r_squared": 0.9197461122140558 }, { "end": "2023-06-30", "value": 0.29251868371402334, "ref_year": 2023, "fallback_year_used": false, "z": 1.5852499670392663, "percentile_empirical": 87.02401001129633, "r_squared": 0.9035993726375214 }, { "end": "2023-09-30", "value": 0.2814445083802859, "ref_year": 2023, "fallback_year_used": false, "z": 1.4923849738529826, "percentile_empirical": 86.32304314865752, "r_squared": 0.887345168014978 }, { "end": "2023-12-31", "value": 0.2666481335667864, "ref_year": 2023, "fallback_year_used": false, "z": 1.3683066380105615, "percentile_empirical": 84.02685140571391, "r_squared": 0.8838406180344763 }, { "end": "2024-03-31", "value": 0.2715802372971965, "ref_year": 2024, "fallback_year_used": false, "z": 1.2534527169318093, "percentile_empirical": 82.91526137504512, "r_squared": 0.9047546954059417 }, { "end": "2024-06-30", "value": 0.27760046252153936, "ref_year": 2024, "fallback_year_used": false, "z": 1.2980700748581593, "percentile_empirical": 83.21382742574471, "r_squared": 0.921963888044007 }, { "end": "2024-09-30", "value": 0.2895051669590082, "ref_year": 2024, "fallback_year_used": false, "z": 1.3862987439030008, "percentile_empirical": 83.68379325565544, "r_squared": 0.9264501821412282 }, { "end": "2024-12-31", "value": 0.30419521735260985, "ref_year": 2024, "fallback_year_used": false, "z": 1.4951702913855096, "percentile_empirical": 84.75176877702114, "r_squared": 0.9238737133499416 }, { "end": "2025-03-31", "value": 0.30903392465107354, "ref_year": 2025, "fallback_year_used": false, "z": 1.6451951772449218, "percentile_empirical": 87.67254401492917, "r_squared": 0.9180244487882206 }, { "end": "2025-06-30", "value": 0.31057112443198814, "ref_year": 2025, "fallback_year_used": false, "z": 1.655882884883358, "percentile_empirical": 87.71641762799293, "r_squared": 0.925867676250527 }, { "end": "2025-09-30", "value": 0.3045679482437875, "ref_year": 2025, "fallback_year_used": false, "z": 1.6141445286865233, "percentile_empirical": 87.54507943727452, "r_squared": 0.9408880928333831 }, { "end": "2025-12-31", "value": 0.2945068767560046, "ref_year": 2025, "fallback_year_used": false, "z": 1.5441927944188718, "percentile_empirical": 87.25792381642277, "r_squared": 0.9526061298151984 }, { "end": "2026-03-31", "value": 0.28445775296145953, "ref_year": 2026, "fallback_year_used": false, "z": 1.5504885894139573, "percentile_empirical": 87.54680494902807, "r_squared": 0.9622525639606168 }, { "end": "2026-06-30", "value": 0.274823734641045, "ref_year": 2026, "fallback_year_used": false, "z": 1.484691885979768, "percentile_empirical": 87.18928766248729, "r_squared": 0.9689195602889423 } ] } ] } ] }