{ "meta": { "schema_version": 1, "generated_at": "2026-08-17T00:17:18Z", "ticker": "MS", "cik": "0000895421", "entity_name": "MORGAN STANLEY", "display": { "title": "MORGAN STANLEY (MS)", "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": 78042000000.0 }, "points": [ { "end": "2009-03-31", "value": 26119000000.0 }, { "end": "2009-06-30", "value": 25204000000.0 }, { "end": "2009-09-30", "value": 15661000000.0 }, { "end": "2009-12-31", "value": 23434000000.0 }, { "end": "2010-03-31", "value": 29486000000.0 }, { "end": "2010-06-30", "value": 32253000000.0 }, { "end": "2010-09-30", "value": 30518000000.0 }, { "end": "2010-12-31", "value": 31425000000.0 }, { "end": "2011-03-31", "value": 30013000000.0 }, { "end": "2011-06-30", "value": 31332000000.0 }, { "end": "2011-09-30", "value": 34402000000.0 }, { "end": "2011-12-31", "value": 32334000000.0 }, { "end": "2012-03-31", "value": 31695000000.0 }, { "end": "2012-06-30", "value": 29352000000.0 }, { "end": "2012-09-30", "value": 24827000000.0 }, { "end": "2012-12-31", "value": 26115000000.0 }, { "end": "2013-03-31", "value": 27352000000.0 }, { "end": "2013-06-30", "value": 28933000000.0 }, { "end": "2013-09-30", "value": 31611000000.0 }, { "end": "2013-12-31", "value": 32493000000.0 }, { "end": "2014-03-31", "value": 33317000000.0 }, { "end": "2014-06-30", "value": 33405000000.0 }, { "end": "2014-09-30", "value": 34356000000.0 }, { "end": "2014-12-31", "value": 34275000000.0 }, { "end": "2015-03-31", "value": 35186000000.0 }, { "end": "2015-06-30", "value": 36321000000.0 }, { "end": "2015-09-30", "value": 35181000000.0 }, { "end": "2015-12-31", "value": 35155000000.0 }, { "end": "2016-03-31", "value": 33040000000.0 }, { "end": "2016-06-30", "value": 32206000000.0 }, { "end": "2016-09-30", "value": 33348000000.0 }, { "end": "2016-12-31", "value": 34631000000.0 }, { "end": "2017-03-31", "value": 36584000000.0 }, { "end": "2017-06-30", "value": 37178000000.0 }, { "end": "2017-09-30", "value": 37466000000.0 }, { "end": "2017-12-31", "value": 37945000000.0 }, { "end": "2018-03-31", "value": 39277000000.0 }, { "end": "2018-06-30", "value": 40384000000.0 }, { "end": "2018-09-30", "value": 41059000000.0 }, { "end": "2018-12-31", "value": 40107000000.0 }, { "end": "2019-03-31", "value": 39316000000.0 }, { "end": "2019-06-30", "value": 38950000000.0 }, { "end": "2019-09-30", "value": 39110000000.0 }, { "end": "2019-12-31", "value": 41419000000.0 }, { "end": "2020-03-31", "value": 40912000000.0 }, { "end": "2020-06-30", "value": 44328000000.0 }, { "end": "2020-09-30", "value": 46017000000.0 }, { "end": "2020-12-31", "value": 48800000000.0 }, { "end": "2021-03-31", "value": 54740000000.0 }, { "end": "2021-06-30", "value": 55839000000.0 }, { "end": "2021-09-30", "value": 58871000000.0 }, { "end": "2021-12-31", "value": 59755000000.0 }, { "end": "2022-03-31", "value": 58837000000.0 }, { "end": "2022-06-30", "value": 57210000000.0 }, { "end": "2022-09-30", "value": 55443000000.0 }, { "end": "2022-12-31", "value": 53668000000.0 }, { "end": "2023-03-31", "value": 53384000000.0 }, { "end": "2023-06-30", "value": 53709000000.0 }, { "end": "2023-09-30", "value": 53996000000.0 }, { "end": "2023-12-31", "value": 54143000000.0 }, { "end": "2024-03-31", "value": 54762000000.0 }, { "end": "2024-06-30", "value": 56324000000.0 }, { "end": "2024-09-30", "value": 58434000000.0 }, { "end": "2024-12-31", "value": 61761000000.0 }, { "end": "2025-03-31", "value": 64364000000.0 }, { "end": "2025-06-30", "value": 66137000000.0 }, { "end": "2025-09-30", "value": 68978000000.0 }, { "end": "2025-12-31", "value": 70645000000.0 }, { "end": "2026-03-31", "value": 73486000000.0 }, { "end": "2026-06-30", "value": 78042000000.0 } ] }, { "id": "operating_income_ttm", "label": "Operating Income TTM", "color": "#7392c9", "unit": "USD", "latest": { "end": "2026-06-30", "value": 26147000000.0 }, "points": [ { "end": "2009-03-31", "value": 8990000000.0 }, { "end": "2009-06-30", "value": 7524000000.0 }, { "end": "2009-09-30", "value": -1664000000.0 }, { "end": "2009-12-31", "value": 983000000.0 }, { "end": "2010-03-31", "value": 4059000000.0 }, { "end": "2010-06-30", "value": 6364000000.0 }, { "end": "2010-09-30", "value": 5693000000.0 }, { "end": "2010-12-31", "value": 6231000000.0 }, { "end": "2011-03-31", "value": 4634000000.0 }, { "end": "2011-06-30", "value": 4880000000.0 }, { "end": "2011-09-30", "value": 7746000000.0 }, { "end": "2011-12-31", "value": 6099000000.0 }, { "end": "2012-03-31", "value": 5406000000.0 }, { "end": "2012-06-30", "value": 4373000000.0 }, { "end": "2012-09-30", "value": -797000000.0 }, { "end": "2012-12-31", "value": 520000000.0 }, { "end": "2013-03-31", "value": 1917000000.0 }, { "end": "2013-06-30", "value": 2774000000.0 }, { "end": "2013-09-30", "value": 5621000000.0 }, { "end": "2013-12-31", "value": 4558000000.0 }, { "end": "2014-03-31", "value": 5328000000.0 }, { "end": "2014-06-30", "value": 5465000000.0 }, { "end": "2014-09-30", "value": 6320000000.0 }, { "end": "2014-12-31", "value": 3591000000.0 }, { "end": "2015-03-31", "value": 4076000000.0 }, { "end": "2015-06-30", "value": 4871000000.0 }, { "end": "2015-09-30", "value": 4125000000.0 }, { "end": "2015-12-31", "value": 8495000000.0 }, { "end": "2016-03-31", "value": 7378000000.0 }, { "end": "2016-06-30", "value": 7134000000.0 }, { "end": "2016-09-30", "value": 8041000000.0 }, { "end": "2016-12-31", "value": 8848000000.0 }, { "end": "2017-03-31", "value": 9918000000.0 }, { "end": "2017-06-30", "value": 10077000000.0 }, { "end": "2017-09-30", "value": 10178000000.0 }, { "end": "2017-12-31", "value": 10403000000.0 }, { "end": "2018-03-31", "value": 11015000000.0 }, { "end": "2018-06-30", "value": 11482000000.0 }, { "end": "2018-09-30", "value": 11851000000.0 }, { "end": "2018-12-31", "value": 11237000000.0 }, { "end": "2019-03-31", "value": 10772000000.0 }, { "end": "2019-06-30", "value": 10566000000.0 }, { "end": "2019-09-30", "value": 10425000000.0 }, { "end": "2019-12-31", "value": 11301000000.0 }, { "end": "2020-03-31", "value": 10492000000.0 }, { "end": "2020-06-30", "value": 11944000000.0 }, { "end": "2020-09-30", "value": 12721000000.0 }, { "end": "2020-12-31", "value": 14418000000.0 }, { "end": "2021-03-31", "value": 17616000000.0 }, { "end": "2021-06-30", "value": 17827000000.0 }, { "end": "2021-09-30", "value": 19214000000.0 }, { "end": "2021-12-31", "value": 19668000000.0 }, { "end": "2022-03-31", "value": 18912000000.0 }, { "end": "2022-06-30", "value": 17665000000.0 }, { "end": "2022-09-30", "value": 16179000000.0 }, { "end": "2022-12-31", "value": 14089000000.0 }, { "end": "2023-03-31", "value": 13261000000.0 }, { "end": "2023-06-30", "value": 12754000000.0 }, { "end": "2023-09-30", "value": 12511000000.0 }, { "end": "2023-12-31", "value": 11813000000.0 }, { "end": "2024-03-31", "value": 12448000000.0 }, { "end": "2024-06-30", "value": 13710000000.0 }, { "end": "2024-09-30", "value": 14786000000.0 }, { "end": "2024-12-31", "value": 17596000000.0 }, { "end": "2025-03-31", "value": 18745000000.0 }, { "end": "2025-06-30", "value": 19293000000.0 }, { "end": "2025-09-30", "value": 21100000000.0 }, { "end": "2025-12-31", "value": 21954000000.0 }, { "end": "2026-03-31", "value": 23421000000.0 }, { "end": "2026-06-30", "value": 26147000000.0 } ] }, { "id": "net_income_ttm", "label": "Net Income TTM", "color": "#72ac80", "unit": "USD", "latest": { "end": "2026-06-30", "value": 20155000000.0 }, "points": [ { "end": "2009-03-31", "value": 7829000000.0 }, { "end": "2009-06-30", "value": 6835000000.0 }, { "end": "2009-09-30", "value": -559000000.0 }, { "end": "2009-12-31", "value": 1346000000.0 }, { "end": "2010-03-31", "value": 3299000000.0 }, { "end": "2010-06-30", "value": 5110000000.0 }, { "end": "2010-09-30", "value": 4484000000.0 }, { "end": "2010-12-31", "value": 4703000000.0 }, { "end": "2011-03-31", "value": 3895000000.0 }, { "end": "2011-06-30", "value": 3128000000.0 }, { "end": "2011-09-30", "value": 5196000000.0 }, { "end": "2011-12-31", "value": 4110000000.0 }, { "end": "2012-03-31", "value": 3048000000.0 }, { "end": "2012-06-30", "value": 2446000000.0 }, { "end": "2012-09-30", "value": -776000000.0 }, { "end": "2012-12-31", "value": 68000000.0 }, { "end": "2013-03-31", "value": 1124000000.0 }, { "end": "2013-06-30", "value": 1513000000.0 }, { "end": "2013-09-30", "value": 3442000000.0 }, { "end": "2013-12-31", "value": 2932000000.0 }, { "end": "2014-03-31", "value": 3475000000.0 }, { "end": "2014-06-30", "value": 4394000000.0 }, { "end": "2014-09-30", "value": 5181000000.0 }, { "end": "2014-12-31", "value": 3467000000.0 }, { "end": "2015-03-31", "value": 4356000000.0 }, { "end": "2015-06-30", "value": 4264000000.0 }, { "end": "2015-09-30", "value": 3589000000.0 }, { "end": "2015-12-31", "value": 6127000000.0 }, { "end": "2016-03-31", "value": 4867000000.0 }, { "end": "2016-06-30", "value": 4642000000.0 }, { "end": "2016-09-30", "value": 5221000000.0 }, { "end": "2016-12-31", "value": 5979000000.0 }, { "end": "2017-03-31", "value": 6775000000.0 }, { "end": "2017-06-30", "value": 6950000000.0 }, { "end": "2017-09-30", "value": 7134000000.0 }, { "end": "2017-12-31", "value": 6111000000.0 }, { "end": "2018-03-31", "value": 6849000000.0 }, { "end": "2018-06-30", "value": 7529000000.0 }, { "end": "2018-09-30", "value": 7860000000.0 }, { "end": "2018-12-31", "value": 8748000000.0 }, { "end": "2019-03-31", "value": 8509000000.0 }, { "end": "2019-06-30", "value": 8273000000.0 }, { "end": "2019-09-30", "value": 8334000000.0 }, { "end": "2019-12-31", "value": 9042000000.0 }, { "end": "2020-03-31", "value": 8311000000.0 }, { "end": "2020-06-30", "value": 9306000000.0 }, { "end": "2020-09-30", "value": 9850000000.0 }, { "end": "2020-12-31", "value": 10996000000.0 }, { "end": "2021-03-31", "value": 13418000000.0 }, { "end": "2021-06-30", "value": 13733000000.0 }, { "end": "2021-09-30", "value": 14723000000.0 }, { "end": "2021-12-31", "value": 15034000000.0 }, { "end": "2022-03-31", "value": 14580000000.0 }, { "end": "2022-06-30", "value": 13564000000.0 }, { "end": "2022-09-30", "value": 12489000000.0 }, { "end": "2022-12-31", "value": 11029000000.0 }, { "end": "2023-03-31", "value": 10343000000.0 }, { "end": "2023-06-30", "value": 10030000000.0 }, { "end": "2023-09-30", "value": 9806000000.0 }, { "end": "2023-12-31", "value": 9087000000.0 }, { "end": "2024-03-31", "value": 9519000000.0 }, { "end": "2024-06-30", "value": 10413000000.0 }, { "end": "2024-09-30", "value": 11193000000.0 }, { "end": "2024-12-31", "value": 13390000000.0 }, { "end": "2025-03-31", "value": 14293000000.0 }, { "end": "2025-06-30", "value": 14756000000.0 }, { "end": "2025-09-30", "value": 16178000000.0 }, { "end": "2025-12-31", "value": 16861000000.0 }, { "end": "2026-03-31", "value": 18113000000.0 }, { "end": "2026-06-30", "value": 20155000000.0 } ] }, { "id": "free_cash_flow_ttm", "label": "Free Cash Flow TTM", "color": "#8b7ec8", "unit": "USD", "latest": { "end": "2026-06-30", "value": -15587000000.0 }, "points": [ { "end": "2009-06-30", "value": -27865000000.0 }, { "end": "2009-09-30", "value": -64353000000.0 }, { "end": "2009-12-31", "value": -45951000000.0 }, { "end": "2010-03-31", "value": 7671000000.0 }, { "end": "2010-06-30", "value": 24897000000.0 }, { "end": "2010-09-30", "value": 23489000000.0 }, { "end": "2010-12-31", "value": 40614000000.0 }, { "end": "2011-03-31", "value": 18191000000.0 }, { "end": "2011-06-30", "value": 6061000000.0 }, { "end": "2011-09-30", "value": 32252000000.0 }, { "end": "2011-12-31", "value": 15892000000.0 }, { "end": "2012-03-31", "value": 25214000000.0 }, { "end": "2012-06-30", "value": 36932000000.0 }, { "end": "2012-09-30", "value": 27774000000.0 }, { "end": "2012-12-31", "value": 24548000000.0 }, { "end": "2013-03-31", "value": 21148000000.0 }, { "end": "2019-09-30", "value": 33730000000.0 }, { "end": "2019-12-31", "value": 40773000000.0 }, { "end": "2020-03-31", "value": 47568000000.0 }, { "end": "2020-06-30", "value": 20227000000.0 }, { "end": "2020-09-30", "value": 23000000.0 }, { "end": "2021-12-31", "value": 33971000000.0 }, { "end": "2022-03-31", "value": 7331000000.0 }, { "end": "2022-06-30", "value": 17629000000.0 }, { "end": "2022-09-30", "value": 7948000000.0 }, { "end": "2022-12-31", "value": -6397000000.0 }, { "end": "2023-03-31", "value": -16501000000.0 }, { "end": "2023-06-30", "value": -41080000000.0 }, { "end": "2023-09-30", "value": -29780000000.0 }, { "end": "2023-12-31", "value": -33536000000.0 }, { "end": "2024-03-31", "value": -19311000000.0 }, { "end": "2024-06-30", "value": -7120000000.0 }, { "end": "2024-09-30", "value": -28190000000.0 }, { "end": "2024-12-31", "value": 1362000000.0 }, { "end": "2025-03-31", "value": -26974000000.0 }, { "end": "2025-06-30", "value": -17670000000.0 }, { "end": "2025-09-30", "value": -3679000000.0 }, { "end": "2025-12-31", "value": -17889000000.0 }, { "end": "2026-03-31", "value": -1011000000.0 }, { "end": "2026-06-30", "value": -15587000000.0 } ] } ] }, { "id": "balance", "label": "Balance", "unit": "USD", "series": [ { "id": "assets", "label": "Assets", "color": "#5f9ea0", "unit": "USD", "latest": { "end": "2026-06-30", "value": 1675057000000.0 }, "points": [ { "end": "2008-11-30", "value": 659035000000.0 }, { "end": "2008-12-31", "value": 676764000000.0 }, { "end": "2009-06-30", "value": 676957000000.0 }, { "end": "2009-09-30", "value": 769503000000.0 }, { "end": "2009-12-31", "value": 771462000000.0 }, { "end": "2010-03-31", "value": 819719000000.0 }, { "end": "2010-06-30", "value": 809456000000.0 }, { "end": "2010-09-30", "value": 841372000000.0 }, { "end": "2010-12-31", "value": 807698000000.0 }, { "end": "2011-03-31", "value": 836185000000.0 }, { "end": "2011-06-30", "value": 830747000000.0 }, { "end": "2011-09-30", "value": 794939000000.0 }, { "end": "2011-12-31", "value": 749898000000.0 }, { "end": "2012-03-31", "value": 781030000000.0 }, { "end": "2012-06-30", "value": 748517000000.0 }, { "end": "2012-09-30", "value": 764985000000.0 }, { "end": "2012-12-31", "value": 780960000000.0 }, { "end": "2013-03-31", "value": 801383000000.0 }, { "end": "2013-06-30", "value": 802691000000.0 }, { "end": "2013-09-30", "value": 832223000000.0 }, { "end": "2013-12-31", "value": 832702000000.0 }, { "end": "2014-03-31", "value": 831381000000.0 }, { "end": "2014-06-30", "value": 826568000000.0 }, { "end": "2014-09-30", "value": 814511000000.0 }, { "end": "2014-12-31", "value": 801510000000.0 }, { "end": "2015-03-31", "value": 829099000000.0 }, { "end": "2015-06-30", "value": 825755000000.0 }, { "end": "2015-09-30", "value": 834113000000.0 }, { "end": "2015-12-31", "value": 787465000000.0 }, { "end": "2016-03-31", "value": 807497000000.0 }, { "end": "2016-06-30", "value": 828873000000.0 }, { "end": "2016-09-30", "value": 813891000000.0 }, { "end": "2016-12-31", "value": 814949000000.0 }, { "end": "2017-03-31", "value": 832391000000.0 }, { "end": "2017-06-30", "value": 841016000000.0 }, { "end": "2017-09-30", "value": 853693000000.0 }, { "end": "2017-12-31", "value": 851733000000.0 }, { "end": "2018-03-31", "value": 858495000000.0 }, { "end": "2018-06-30", "value": 875875000000.0 }, { "end": "2018-09-30", "value": 865517000000.0 }, { "end": "2018-12-31", "value": 853531000000.0 }, { "end": "2019-03-31", "value": 875964000000.0 }, { "end": "2019-06-30", "value": 891959000000.0 }, { "end": "2019-09-30", "value": 902604000000.0 }, { "end": "2019-12-31", "value": 895429000000.0 }, { "end": "2020-03-31", "value": 947795000000.0 }, { "end": "2020-06-30", "value": 975363000000.0 }, { "end": "2020-09-30", "value": 955940000000.0 }, { "end": "2020-12-31", "value": 1115862000000.0 }, { "end": "2021-03-31", "value": 1158772000000.0 }, { "end": "2021-06-30", "value": 1161805000000.0 }, { "end": "2021-09-30", "value": 1190476000000.0 }, { "end": "2021-12-31", "value": 1188140000000.0 }, { "end": "2022-03-31", "value": 1222233000000.0 }, { "end": "2022-06-30", "value": 1173776000000.0 }, { "end": "2022-09-30", "value": 1160029000000.0 }, { "end": "2022-12-31", "value": 1180231000000.0 }, { "end": "2023-03-31", "value": 1199904000000.0 }, { "end": "2023-06-30", "value": 1164911000000.0 }, { "end": "2023-09-30", "value": 1169013000000.0 }, { "end": "2023-12-31", "value": 1193693000000.0 }, { "end": "2024-03-31", "value": 1228503000000.0 }, { "end": "2024-06-30", "value": 1212447000000.0 }, { "end": "2024-09-30", "value": 1258027000000.0 }, { "end": "2024-12-31", "value": 1215071000000.0 }, { "end": "2025-03-31", "value": 1300296000000.0 }, { "end": "2025-06-30", "value": 1353870000000.0 }, { "end": "2025-09-30", "value": 1364806000000.0 }, { "end": "2025-12-31", "value": 1420270000000.0 }, { "end": "2026-03-31", "value": 1581418000000.0 }, { "end": "2026-06-30", "value": 1675057000000.0 } ] }, { "id": "total_liabilities", "label": "Total Liabilities", "color": "#c86e6e", "unit": "USD", "latest": { "end": "2026-06-30", "value": 1557617000000.0 }, "points": [ { "end": "2008-11-30", "value": 607499000000.0 }, { "end": "2008-12-31", "value": 627308000000.0 }, { "end": "2009-06-30", "value": 625494000000.0 }, { "end": "2009-09-30", "value": 717279000000.0 }, { "end": "2009-12-31", "value": 718682000000.0 }, { "end": "2010-03-31", "value": 764540000000.0 }, { "end": "2010-06-30", "value": 750297000000.0 }, { "end": "2010-09-30", "value": 775790000000.0 }, { "end": "2010-12-31", "value": 742291000000.0 }, { "end": "2011-03-31", "value": 769677000000.0 }, { "end": "2011-06-30", "value": 762604000000.0 }, { "end": "2011-09-30", "value": 724845000000.0 }, { "end": "2011-12-31", "value": 679820000000.0 }, { "end": "2012-03-31", "value": 710438000000.0 }, { "end": "2012-06-30", "value": 676880000000.0 }, { "end": "2012-09-30", "value": 695513000000.0 }, { "end": "2012-12-31", "value": 711223000000.0 }, { "end": "2013-03-31", "value": 730886000000.0 }, { "end": "2013-06-30", "value": 736577000000.0 }, { "end": "2013-09-30", "value": 763982000000.0 }, { "end": "2013-12-31", "value": 763672000000.0 }, { "end": "2014-03-31", "value": 761113000000.0 }, { "end": "2014-06-30", "value": 754367000000.0 }, { "end": "2014-09-30", "value": 740500000000.0 }, { "end": "2014-12-31", "value": 729406000000.0 }, { "end": "2015-03-31", "value": 753633000000.0 }, { "end": "2015-06-30", "value": 749688000000.0 }, { "end": "2015-09-30", "value": 757693000000.0 }, { "end": "2015-12-31", "value": 711281000000.0 }, { "end": "2016-03-31", "value": 730322000000.0 }, { "end": "2016-06-30", "value": 750498000000.0 }, { "end": "2016-09-30", "value": 735429000000.0 }, { "end": "2016-12-31", "value": 737772000000.0 }, { "end": "2017-03-31", "value": 753307000000.0 }, { "end": "2017-06-30", "value": 761049000000.0 }, { "end": "2017-09-30", "value": 773579000000.0 }, { "end": "2017-12-31", "value": 773267000000.0 }, { "end": "2018-03-31", "value": 779006000000.0 }, { "end": "2018-06-30", "value": 795369000000.0 }, { "end": "2018-09-30", "value": 785443000000.0 }, { "end": "2018-12-31", "value": 772125000000.0 }, { "end": "2019-03-31", "value": 794072000000.0 }, { "end": "2019-06-30", "value": 809114000000.0 }, { "end": "2019-09-30", "value": 819054000000.0 }, { "end": "2019-12-31", "value": 812732000000.0 }, { "end": "2020-03-31", "value": 860567000000.0 }, { "end": "2020-06-30", "value": 887354000000.0 }, { "end": "2020-09-30", "value": 866122000000.0 }, { "end": "2020-12-31", "value": 1012713000000.0 }, { "end": "2021-03-31", "value": 1051184000000.0 }, { "end": "2021-06-30", "value": 1053643000000.0 }, { "end": "2021-09-30", "value": 1083357000000.0 }, { "end": "2021-12-31", "value": 1081542000000.0 }, { "end": "2022-03-31", "value": 1118158000000.0 }, { "end": "2022-06-30", "value": 1071114000000.0 }, { "end": "2022-09-30", "value": 1057940000000.0 }, { "end": "2022-12-31", "value": 1079000000000.0 }, { "end": "2023-03-31", "value": 1097950000000.0 }, { "end": "2023-06-30", "value": 1063550000000.0 }, { "end": "2023-09-30", "value": 1068855000000.0 }, { "end": "2023-12-31", "value": 1093711000000.0 }, { "end": "2024-03-31", "value": 1128363000000.0 }, { "end": "2024-06-30", "value": 1110841000000.0 }, { "end": "2024-09-30", "value": 1153356000000.0 }, { "end": "2024-12-31", "value": 1109643000000.0 }, { "end": "2025-03-31", "value": 1192449000000.0 }, { "end": "2025-06-30", "value": 1244600000000.0 }, { "end": "2025-09-30", "value": 1253755000000.0 }, { "end": "2025-12-31", "value": 1307618000000.0 }, { "end": "2026-03-31", "value": 1466034000000.0 }, { "end": "2026-06-30", "value": 1557617000000.0 } ] } ] }, { "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": 0.016786539951733962 }, "points": [ { "end": "2009-06-30", "value": 0.012028892363475908 }, { "end": "2009-09-30", "value": -0.0023198783179209205 }, { "end": "2009-12-31", "value": 0.0013677815779440698 }, { "end": "2010-03-31", "value": 0.0053090747377508045 }, { "end": "2010-06-30", "value": 0.008481974471442642 }, { "end": "2010-09-30", "value": 0.007338326093401565 }, { "end": "2010-12-31", "value": 0.008394282026860087 }, { "end": "2011-03-31", "value": 0.006020707387644427 }, { "end": "2011-06-30", "value": 0.006399127201011272 }, { "end": "2011-09-30", "value": 0.010686422614489995 }, { "end": "2011-12-31", "value": 0.008971492453884853 }, { "end": "2012-03-31", "value": 0.007609390263471267 }, { "end": "2012-06-30", "value": 0.0064605247606665875 }, { "end": "2012-09-30", "value": -0.0011459167549707913 }, { "end": "2012-12-31", "value": 0.0007311349604835614 }, { "end": "2013-03-31", "value": 0.002622844055023629 }, { "end": "2013-06-30", "value": 0.0037660692636343517 }, { "end": "2013-09-30", "value": 0.007357503187247867 }, { "end": "2013-12-31", "value": 0.005968530992363214 }, { "end": "2014-03-31", "value": 0.007000274597858663 }, { "end": "2014-06-30", "value": 0.007244484448550905 }, { "end": "2014-09-30", "value": 0.008534773801485483 }, { "end": "2014-12-31", "value": 0.004923184070325717 }, { "end": "2015-03-31", "value": 0.005408468047444844 }, { "end": "2015-06-30", "value": 0.006497369572408789 }, { "end": "2015-09-30", "value": 0.0054441574621911515 }, { "end": "2015-12-31", "value": 0.011943240435214775 }, { "end": "2016-03-31", "value": 0.01010239319094865 }, { "end": "2016-06-30", "value": 0.009505688223019915 }, { "end": "2016-09-30", "value": 0.010933754312108987 }, { "end": "2016-12-31", "value": 0.011992865004364492 }, { "end": "2017-03-31", "value": 0.013165946951242987 }, { "end": "2017-06-30", "value": 0.013240934552177324 }, { "end": "2017-09-30", "value": 0.013157027271939905 }, { "end": "2017-12-31", "value": 0.013453309141603094 }, { "end": "2018-03-31", "value": 0.014139814070751702 }, { "end": "2018-06-30", "value": 0.014436066781581882 }, { "end": "2018-09-30", "value": 0.015088300487750225 }, { "end": "2018-12-31", "value": 0.014553343046786465 }, { "end": "2019-03-31", "value": 0.013565520506956547 }, { "end": "2019-06-30", "value": 0.01305872843628957 }, { "end": "2019-09-30", "value": 0.012728098513651115 }, { "end": "2019-12-31", "value": 0.0139049526781276 }, { "end": "2020-03-31", "value": 0.01219196181122446 }, { "end": "2020-06-30", "value": 0.013460242473691446 }, { "end": "2020-09-30", "value": 0.01468730733083792 }, { "end": "2020-12-31", "value": 0.014237004955994443 }, { "end": "2021-03-31", "value": 0.016758245939816434 }, { "end": "2021-06-30", "value": 0.016919393001234764 }, { "end": "2021-09-30", "value": 0.017735612545079785 }, { "end": "2021-12-31", "value": 0.018185146762677733 }, { "end": "2022-03-31", "value": 0.016913531003668533 }, { "end": "2022-06-30", "value": 0.016492175436041354 }, { "end": "2022-09-30", "value": 0.015292927765279695 }, { "end": "2022-12-31", "value": 0.01305746061167748 }, { "end": "2023-03-31", "value": 0.01207796347738968 }, { "end": "2023-06-30", "value": 0.01199191387334869 }, { "end": "2023-09-30", "value": 0.011705048860696727 }, { "end": "2023-12-31", "value": 0.010800842270032944 }, { "end": "2024-03-31", "value": 0.011031910830114068 }, { "end": "2024-06-30", "value": 0.012342000340282723 }, { "end": "2024-09-30", "value": 0.012819979260523204 }, { "end": "2024-12-31", "value": 0.015857352319619916 }, { "end": "2025-03-31", "value": 0.015719749859323125 }, { "end": "2025-06-30", "value": 0.015501365900690985 }, { "end": "2025-09-30", "value": 0.016829444349175077 }, { "end": "2025-12-31", "value": 0.01678930696885482 }, { "end": "2026-03-31", "value": 0.01597575499613242 }, { "end": "2026-06-30", "value": 0.016786539951733962 } ] }, { "id": "operating_margin_ttm", "label": "Operating Margin (TTM)", "color": "#5a966e", "unit": "ratio", "latest": { "end": "2026-06-30", "value": 0.33503754388662516 }, "points": [ { "end": "2009-03-31", "value": 0.3441938818484628 }, { "end": "2009-06-30", "value": 0.298524043802571 }, { "end": "2009-09-30", "value": -0.10625119724155546 }, { "end": "2009-12-31", "value": 0.041947597507894514 }, { "end": "2010-03-31", "value": 0.1376585498202537 }, { "end": "2010-06-30", "value": 0.1973149784516169 }, { "end": "2010-09-30", "value": 0.18654564519300085 }, { "end": "2010-12-31", "value": 0.19828162291169452 }, { "end": "2011-03-31", "value": 0.15439976010395495 }, { "end": "2011-06-30", "value": 0.15575130856632197 }, { "end": "2011-09-30", "value": 0.22516132782977735 }, { "end": "2011-12-31", "value": 0.18862497680460197 }, { "end": "2012-03-31", "value": 0.1705631803123521 }, { "end": "2012-06-30", "value": 0.14898473698555464 }, { "end": "2012-09-30", "value": -0.03210214685624522 }, { "end": "2012-12-31", "value": 0.019911928010721808 }, { "end": "2013-03-31", "value": 0.07008628253875403 }, { "end": "2013-06-30", "value": 0.09587668060691944 }, { "end": "2013-09-30", "value": 0.1778178482173927 }, { "end": "2013-12-31", "value": 0.14027636721755454 }, { "end": "2014-03-31", "value": 0.15991835999639822 }, { "end": "2014-06-30", "value": 0.1635982637329741 }, { "end": "2014-09-30", "value": 0.18395622307602746 }, { "end": "2014-12-31", "value": 0.10477024070021881 }, { "end": "2015-03-31", "value": 0.11584152788040698 }, { "end": "2015-06-30", "value": 0.1341097436744583 }, { "end": "2015-09-30", "value": 0.1172507887780336 }, { "end": "2015-12-31", "value": 0.24164414734746123 }, { "end": "2016-03-31", "value": 0.22330508474576272 }, { "end": "2016-06-30", "value": 0.2215115195926225 }, { "end": "2016-09-30", "value": 0.2411239054815881 }, { "end": "2016-12-31", "value": 0.25549363287228205 }, { "end": "2017-03-31", "value": 0.27110212114585613 }, { "end": "2017-06-30", "value": 0.2710473936198827 }, { "end": "2017-09-30", "value": 0.27165963807185184 }, { "end": "2017-12-31", "value": 0.27415996837528 }, { "end": "2018-03-31", "value": 0.2804440257657153 }, { "end": "2018-06-30", "value": 0.2843205229793978 }, { "end": "2018-09-30", "value": 0.2886334299422782 }, { "end": "2018-12-31", "value": 0.2801755304560301 }, { "end": "2019-03-31", "value": 0.27398514599654084 }, { "end": "2019-06-30", "value": 0.27127086007702184 }, { "end": "2019-09-30", "value": 0.26655586806443365 }, { "end": "2019-12-31", "value": 0.2728457954079046 }, { "end": "2020-03-31", "value": 0.25645287446226045 }, { "end": "2020-06-30", "value": 0.2694459483847681 }, { "end": "2020-09-30", "value": 0.27644131516613424 }, { "end": "2020-12-31", "value": 0.29545081967213116 }, { "end": "2021-03-31", "value": 0.32181220314212644 }, { "end": "2021-06-30", "value": 0.3192571500205949 }, { "end": "2021-09-30", "value": 0.3263746156851421 }, { "end": "2021-12-31", "value": 0.32914400468580035 }, { "end": "2022-03-31", "value": 0.3214303924401312 }, { "end": "2022-06-30", "value": 0.308774689739556 }, { "end": "2022-09-30", "value": 0.29181321357069423 }, { "end": "2022-12-31", "value": 0.2625214280390549 }, { "end": "2023-03-31", "value": 0.24840776262550576 }, { "end": "2023-06-30", "value": 0.23746485691411123 }, { "end": "2023-09-30", "value": 0.23170234832209793 }, { "end": "2023-12-31", "value": 0.2181814823707589 }, { "end": "2024-03-31", "value": 0.22731090902450604 }, { "end": "2024-06-30", "value": 0.24341310986435621 }, { "end": "2024-09-30", "value": 0.2530376150871068 }, { "end": "2024-12-31", "value": 0.2849047133304189 }, { "end": "2025-03-31", "value": 0.29123423031508294 }, { "end": "2025-06-30", "value": 0.29171265706034444 }, { "end": "2025-09-30", "value": 0.30589463307141407 }, { "end": "2025-12-31", "value": 0.31076509307098876 }, { "end": "2026-03-31", "value": 0.31871376860898676 }, { "end": "2026-06-30", "value": 0.33503754388662516 } ] }, { "id": "net_margin_ttm", "label": "Net Margin (TTM)", "color": "#4682a0", "unit": "ratio", "latest": { "end": "2026-06-30", "value": 0.25825837369621485 }, "points": [ { "end": "2009-03-31", "value": 0.29974348175657567 }, { "end": "2009-06-30", "value": 0.2711871131566418 }, { "end": "2009-09-30", "value": -0.03569376157333504 }, { "end": "2009-12-31", "value": 0.05743791072800205 }, { "end": "2010-03-31", "value": 0.11188360577901377 }, { "end": "2010-06-30", "value": 0.1584348742752612 }, { "end": "2010-09-30", "value": 0.146929680844092 }, { "end": "2010-12-31", "value": 0.1496579156722355 }, { "end": "2011-03-31", "value": 0.12977709659147701 }, { "end": "2011-06-30", "value": 0.09983403549087196 }, { "end": "2011-09-30", "value": 0.15103773036451368 }, { "end": "2011-12-31", "value": 0.12711078122100575 }, { "end": "2012-03-31", "value": 0.09616658778987222 }, { "end": "2012-06-30", "value": 0.08333333333333333 }, { "end": "2012-09-30", "value": -0.03125629355137552 }, { "end": "2012-12-31", "value": 0.00260386750909439 }, { "end": "2013-03-31", "value": 0.041093887101491665 }, { "end": "2013-06-30", "value": 0.05229322918466803 }, { "end": "2013-09-30", "value": 0.10888614722723103 }, { "end": "2013-12-31", "value": 0.09023481980734312 }, { "end": "2014-03-31", "value": 0.10430110754269592 }, { "end": "2014-06-30", "value": 0.13153719503068403 }, { "end": "2014-09-30", "value": 0.1508033531260915 }, { "end": "2014-12-31", "value": 0.1011524434719183 }, { "end": "2015-03-31", "value": 0.12379923833342807 }, { "end": "2015-06-30", "value": 0.11739764874315134 }, { "end": "2015-09-30", "value": 0.10201529234530002 }, { "end": "2015-12-31", "value": 0.17428530792205946 }, { "end": "2016-03-31", "value": 0.14730629539951573 }, { "end": "2016-06-30", "value": 0.14413463329814322 }, { "end": "2016-09-30", "value": 0.1565611131102315 }, { "end": "2016-12-31", "value": 0.1726487828823886 }, { "end": "2017-03-31", "value": 0.1851902471025585 }, { "end": "2017-06-30", "value": 0.18693851202323955 }, { "end": "2017-09-30", "value": 0.1904126407943202 }, { "end": "2017-12-31", "value": 0.16104888654631705 }, { "end": "2018-03-31", "value": 0.17437686177661227 }, { "end": "2018-06-30", "value": 0.18643522187004755 }, { "end": "2018-09-30", "value": 0.19143184198348717 }, { "end": "2018-12-31", "value": 0.2181165382601541 }, { "end": "2019-03-31", "value": 0.2164258825923288 }, { "end": "2019-06-30", "value": 0.212400513478819 }, { "end": "2019-09-30", "value": 0.2130912810023012 }, { "end": "2019-12-31", "value": 0.21830560853714479 }, { "end": "2020-03-31", "value": 0.20314333202972232 }, { "end": "2020-06-30", "value": 0.2099350297780184 }, { "end": "2020-09-30", "value": 0.21405132885672687 }, { "end": "2020-12-31", "value": 0.225327868852459 }, { "end": "2021-03-31", "value": 0.24512239678480088 }, { "end": "2021-06-30", "value": 0.24593921810920683 }, { "end": "2021-09-30", "value": 0.2500891780333271 }, { "end": "2021-12-31", "value": 0.2515940088695507 }, { "end": "2022-03-31", "value": 0.24780325305505038 }, { "end": "2022-06-30", "value": 0.2370914175843384 }, { "end": "2022-09-30", "value": 0.22525837346463937 }, { "end": "2022-12-31", "value": 0.20550421107550124 }, { "end": "2023-03-31", "value": 0.19374719016933914 }, { "end": "2023-06-30", "value": 0.186747100113575 }, { "end": "2023-09-30", "value": 0.18160604489221424 }, { "end": "2023-12-31", "value": 0.16783333025506528 }, { "end": "2024-03-31", "value": 0.1738249150871042 }, { "end": "2024-06-30", "value": 0.1848767843192955 }, { "end": "2024-09-30", "value": 0.191549440394291 }, { "end": "2024-12-31", "value": 0.21680348439954017 }, { "end": "2025-03-31", "value": 0.22206512957553912 }, { "end": "2025-06-30", "value": 0.22311262984411145 }, { "end": "2025-09-30", "value": 0.23453854852271738 }, { "end": "2025-12-31", "value": 0.2386722344114941 }, { "end": "2026-03-31", "value": 0.24648232316359578 }, { "end": "2026-06-30", "value": 0.25825837369621485 } ] } ] } ] }, { "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": 0.05703548512602976 }, "latest_score": { "z": -0.03233383165193099, "percentile_empirical": 49.68918830920425, "ref_year": 2026, "fallback_year_used": false, "r_squared": 0.5473623101696077 }, "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": "2011-12-31", "value": 0.14590987748736567, "ref_year": 2014, "fallback_year_used": true, "z": 1.311976383528634, "percentile_empirical": 81.55766241359207, "r_squared": 0.5257853495155513 }, { "end": "2012-03-31", "value": 0.12821970889463402, "ref_year": 2014, "fallback_year_used": true, "z": 1.0032645521658412, "percentile_empirical": 76.65248946016257, "r_squared": 0.5096293325852068 }, { "end": "2012-06-30", "value": 0.10477867754810498, "ref_year": 2014, "fallback_year_used": true, "z": 0.5941941875683617, "percentile_empirical": 69.9413754152519, "r_squared": 0.4261780538872033 }, { "end": "2012-09-30", "value": 0.07196438258163304, "ref_year": 2014, "fallback_year_used": true, "z": 0.021550629036047802, "percentile_empirical": 52.290872228672406, "r_squared": 0.2317510376426341 }, { "end": "2012-12-31", "value": 0.05201689925738918, "ref_year": 2014, "fallback_year_used": true, "z": -0.326553690932742, "percentile_empirical": 37.27981277132246, "r_squared": 0.14308573831563573 }, { "end": "2013-03-31", "value": 0.040590913938534985, "ref_year": 2014, "fallback_year_used": true, "z": -0.5259490123745704, "percentile_empirical": 30.597198395026407, "r_squared": 0.10376622534059919 }, { "end": "2013-06-30", "value": 0.03565282414753083, "ref_year": 2014, "fallback_year_used": true, "z": -0.6121238125085359, "percentile_empirical": 28.198553866067446, "r_squared": 0.09516430491980643 }, { "end": "2013-09-30", "value": 0.037316480456439254, "ref_year": 2014, "fallback_year_used": true, "z": -0.5830912805013281, "percentile_empirical": 29.316774105566086, "r_squared": 0.12043651785087188 }, { "end": "2013-12-31", "value": 0.03963849796537673, "ref_year": 2014, "fallback_year_used": true, "z": -0.5425696611689332, "percentile_empirical": 30.282765917919026, "r_squared": 0.1539485184665008 }, { "end": "2014-03-31", "value": 0.04220482424006367, "ref_year": 2014, "fallback_year_used": false, "z": -0.4977845999084898, "percentile_empirical": 31.198001126226078, "r_squared": 0.19403502246279852 }, { "end": "2014-06-30", "value": 0.04409795746899, "ref_year": 2014, "fallback_year_used": false, "z": -0.46474745709936305, "percentile_empirical": 32.11716770310264, "r_squared": 0.21154823077487736 }, { "end": "2014-09-30", "value": 0.04443896106205299, "ref_year": 2014, "fallback_year_used": false, "z": -0.4587965899177455, "percentile_empirical": 32.251262706273295, "r_squared": 0.21841575651248743 }, { "end": "2014-12-31", "value": 0.024624384919410082, "ref_year": 2014, "fallback_year_used": false, "z": -0.8045815414069066, "percentile_empirical": 21.714755701355408, "r_squared": 0.14317485692582166 }, { "end": "2015-03-31", "value": 0.01864561094815917, "ref_year": 2015, "fallback_year_used": false, "z": -0.645644252420059, "percentile_empirical": 27.77095581714219, "r_squared": 0.10571263587563141 }, { "end": "2015-06-30", "value": 0.02386869171650174, "ref_year": 2015, "fallback_year_used": false, "z": -0.5530254488387036, "percentile_empirical": 31.060765493341606, "r_squared": 0.15524200315867565 }, { "end": "2015-09-30", "value": 0.031167277116551075, "ref_year": 2015, "fallback_year_used": false, "z": -0.4236025512097577, "percentile_empirical": 34.605500357835794, "r_squared": 0.24913146971523162 }, { "end": "2015-12-31", "value": 0.03466600192982213, "ref_year": 2015, "fallback_year_used": false, "z": -0.3615610625485752, "percentile_empirical": 36.02219802494145, "r_squared": 0.29667690677939557 }, { "end": "2016-03-31", "value": 0.0357114487792136, "ref_year": 2016, "fallback_year_used": false, "z": -0.12631416857496025, "percentile_empirical": 45.106471778862094, "r_squared": 0.3147344932192826 }, { "end": "2016-06-30", "value": 0.03260467346793255, "ref_year": 2016, "fallback_year_used": false, "z": -0.1789249839932801, "percentile_empirical": 43.63204116044449, "r_squared": 0.26923324916319075 }, { "end": "2016-09-30", "value": 0.03335898098507895, "ref_year": 2016, "fallback_year_used": false, "z": -0.16615137484003983, "percentile_empirical": 43.95058318626645, "r_squared": 0.2820319897380763 }, { "end": "2016-12-31", "value": 0.041392533207946045, "ref_year": 2016, "fallback_year_used": false, "z": -0.030109437202645466, "percentile_empirical": 49.19113334671051, "r_squared": 0.43222842416398966 }, { "end": "2017-03-31", "value": 0.04857318395399614, "ref_year": 2017, "fallback_year_used": false, "z": 0.030703042107976915, "percentile_empirical": 51.99125012919325, "r_squared": 0.5503978024398655 }, { "end": "2017-06-30", "value": 0.05472102892517621, "ref_year": 2017, "fallback_year_used": false, "z": 0.12261642470396728, "percentile_empirical": 54.51340624175115, "r_squared": 0.6457497998170619 }, { "end": "2017-09-30", "value": 0.05607456317389029, "ref_year": 2017, "fallback_year_used": false, "z": 0.1428524442916495, "percentile_empirical": 55.258910402434005, "r_squared": 0.6667702257271964 }, { "end": "2017-12-31", "value": 0.04878334087490479, "ref_year": 2017, "fallback_year_used": false, "z": 0.033844994054914895, "percentile_empirical": 52.120825153787564, "r_squared": 0.6585840344403052 }, { "end": "2018-03-31", "value": 0.043942819608689315, "ref_year": 2018, "fallback_year_used": false, "z": -0.1613346732915241, "percentile_empirical": 42.76576996122523, "r_squared": 0.6649095193799068 }, { "end": "2018-06-30", "value": 0.04099789339400851, "ref_year": 2018, "fallback_year_used": false, "z": -0.20688230680397843, "percentile_empirical": 41.098244709770036, "r_squared": 0.6738684525080371 }, { "end": "2018-09-30", "value": 0.0398274286196764, "ref_year": 2018, "fallback_year_used": false, "z": -0.22498527329419143, "percentile_empirical": 40.362432246220536, "r_squared": 0.6754329420535438 }, { "end": "2018-12-31", "value": 0.04000687118041989, "ref_year": 2018, "fallback_year_used": false, "z": -0.22220992905889736, "percentile_empirical": 40.474095320734214, "r_squared": 0.6804271213846546 }, { "end": "2019-03-31", "value": 0.03931163258513467, "ref_year": 2019, "fallback_year_used": false, "z": -0.39739936381765883, "percentile_empirical": 35.84668363809097, "r_squared": 0.6760276261066837 }, { "end": "2019-06-30", "value": 0.03849728964510904, "ref_year": 2019, "fallback_year_used": false, "z": -0.41186242642823007, "percentile_empirical": 35.42254669016096, "r_squared": 0.6670194990983183 }, { "end": "2019-09-30", "value": 0.03725442895161538, "ref_year": 2019, "fallback_year_used": false, "z": -0.4339361390408193, "percentile_empirical": 34.790091902536666, "r_squared": 0.6507735758181474 }, { "end": "2019-12-31", "value": 0.03986116555120671, "ref_year": 2019, "fallback_year_used": false, "z": -0.3876394343036599, "percentile_empirical": 36.132484709868486, "r_squared": 0.6885315764455469 }, { "end": "2020-03-31", "value": 0.04063011423114045, "ref_year": 2020, "fallback_year_used": false, "z": -0.2820924401532889, "percentile_empirical": 41.08961656373994, "r_squared": 0.7044401707510155 }, { "end": "2020-06-30", "value": 0.0464232131384712, "ref_year": 2020, "fallback_year_used": false, "z": -0.17976841903239404, "percentile_empirical": 44.517488604161976, "r_squared": 0.7519147206954417 }, { "end": "2020-09-30", "value": 0.05479942179946235, "ref_year": 2020, "fallback_year_used": false, "z": -0.03181870064320881, "percentile_empirical": 49.69539426113313, "r_squared": 0.8207417234127092 }, { "end": "2020-12-31", "value": 0.06341068240656783, "ref_year": 2020, "fallback_year_used": false, "z": 0.12028276117094615, "percentile_empirical": 54.88006242921805, "r_squared": 0.8366948496451779 }, { "end": "2021-03-31", "value": 0.07714758274172055, "ref_year": 2021, "fallback_year_used": false, "z": 0.342336059060669, "percentile_empirical": 60.7260242616827, "r_squared": 0.8008160662593748 }, { "end": "2021-06-30", "value": 0.08588446329181836, "ref_year": 2021, "fallback_year_used": false, "z": 0.4979687121243601, "percentile_empirical": 65.66205622956497, "r_squared": 0.7905438687680826 }, { "end": "2021-09-30", "value": 0.09355905596983231, "ref_year": 2021, "fallback_year_used": false, "z": 0.634678515218683, "percentile_empirical": 68.51143501439546, "r_squared": 0.7784549169924212 }, { "end": "2021-12-31", "value": 0.10016861425580915, "ref_year": 2021, "fallback_year_used": false, "z": 0.752416543766431, "percentile_empirical": 72.22922402400059, "r_squared": 0.7865550308556221 }, { "end": "2022-03-31", "value": 0.10415221377505281, "ref_year": 2022, "fallback_year_used": false, "z": 0.6190790126896074, "percentile_empirical": 69.04930553074385, "r_squared": 0.8056880605657216 }, { "end": "2022-06-30", "value": 0.10620620494126451, "ref_year": 2022, "fallback_year_used": false, "z": 0.6550932426707765, "percentile_empirical": 69.49699323044126, "r_squared": 0.8275032358402361 }, { "end": "2022-09-30", "value": 0.10488345730973007, "ref_year": 2022, "fallback_year_used": false, "z": 0.6319004762203789, "percentile_empirical": 69.20868729505887, "r_squared": 0.8317659662943573 }, { "end": "2022-12-31", "value": 0.10018747809548914, "ref_year": 2022, "fallback_year_used": false, "z": 0.5495622080766143, "percentile_empirical": 67.34797088525163, "r_squared": 0.8090406768957736 }, { "end": "2023-03-31", "value": 0.09424143073045993, "ref_year": 2023, "fallback_year_used": false, "z": 0.36386033811190366, "percentile_empirical": 63.689760456472214, "r_squared": 0.7730921996469089 }, { "end": "2023-06-30", "value": 0.08885051928552064, "ref_year": 2023, "fallback_year_used": false, "z": 0.2603182998750399, "percentile_empirical": 61.295452763086814, "r_squared": 0.7371830577897761 }, { "end": "2023-09-30", "value": 0.08372975627206279, "ref_year": 2023, "fallback_year_used": false, "z": 0.16196494253337781, "percentile_empirical": 57.13972276587707, "r_squared": 0.700024549875787 }, { "end": "2023-12-31", "value": 0.0782677274247828, "ref_year": 2023, "fallback_year_used": false, "z": 0.057056968152380254, "percentile_empirical": 53.604136805268254, "r_squared": 0.6568980152365484 }, { "end": "2024-03-31", "value": 0.071051406015384, "ref_year": 2024, "fallback_year_used": false, "z": -0.09548733810731698, "percentile_empirical": 47.17820288825435, "r_squared": 0.6015142282291863 }, { "end": "2024-06-30", "value": 0.0631275772163169, "ref_year": 2024, "fallback_year_used": false, "z": -0.2550134791695457, "percentile_empirical": 41.70859358599344, "r_squared": 0.5477930917475626 }, { "end": "2024-09-30", "value": 0.0553218506239107, "ref_year": 2024, "fallback_year_used": false, "z": -0.4121619326570801, "percentile_empirical": 37.12656196212647, "r_squared": 0.5039300959187325 }, { "end": "2024-12-31", "value": 0.049158886575000275, "ref_year": 2024, "fallback_year_used": false, "z": -0.5362375401896001, "percentile_empirical": 31.97663867441886, "r_squared": 0.4817592763185338 }, { "end": "2025-03-31", "value": 0.0459753275741849, "ref_year": 2025, "fallback_year_used": false, "z": -0.3487969233853192, "percentile_empirical": 38.6684620855874, "r_squared": 0.4734148993190512 }, { "end": "2025-06-30", "value": 0.041828442920683086, "ref_year": 2025, "fallback_year_used": false, "z": -0.42463499280265177, "percentile_empirical": 36.24972058296914, "r_squared": 0.46892194398195536 }, { "end": "2025-09-30", "value": 0.041592273625000335, "ref_year": 2025, "fallback_year_used": false, "z": -0.42895404793361774, "percentile_empirical": 36.03482586442251, "r_squared": 0.469803443624152 }, { "end": "2025-12-31", "value": 0.042313323352959294, "ref_year": 2025, "fallback_year_used": false, "z": -0.41576751782935656, "percentile_empirical": 36.69092206820682, "r_squared": 0.4729525141324797 }, { "end": "2026-03-31", "value": 0.0460110989337112, "ref_year": 2026, "fallback_year_used": false, "z": -0.2317922689399582, "percentile_empirical": 42.68611316852026, "r_squared": 0.4859626143034045 }, { "end": "2026-06-30", "value": 0.05703548512602976, "ref_year": 2026, "fallback_year_used": false, "z": -0.03233383165193099, "percentile_empirical": 49.68918830920425, "r_squared": 0.5473623101696077 } ] }, { "id": "operating_income_ttm_5yr_trend", "label": "Operating Income (5y trend)", "is_ratio": true, "latest": { "end": "2026-06-30", "value": 0.05935586198897207 }, "latest_score": { "z": -0.034440867389978785, "percentile_empirical": 48.15565184781521, "ref_year": 2026, "fallback_year_used": false, "r_squared": 0.16135598860603612 }, "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": "2011-12-31", "value": 0.10336031567235952, "ref_year": 2014, "fallback_year_used": true, "z": 0.059411842020359144, "percentile_empirical": 52.33220195974953, "r_squared": 0.02900934765449667 }, { "end": "2012-03-31", "value": 0.08796675643508858, "ref_year": 2014, "fallback_year_used": true, "z": -0.08647439486508407, "percentile_empirical": 48.067704115957966, "r_squared": 0.02672922636434119 }, { "end": "2012-06-30", "value": 0.05471577093674065, "ref_year": 2014, "fallback_year_used": true, "z": -0.4015971726656529, "percentile_empirical": 37.77681157952438, "r_squared": 0.012502957163852038 }, { "end": "2012-09-30", "value": -0.07001527804331754, "ref_year": 2014, "fallback_year_used": true, "z": -1.5836852835436788, "percentile_empirical": 8.99348979575268, "r_squared": 0.0168097550262148 }, { "end": "2012-12-31", "value": -0.1387781557609002, "ref_year": 2014, "fallback_year_used": true, "z": -2.2353576689231165, "percentile_empirical": 5.194170367103478, "r_squared": 0.06345359131865119 }, { "end": "2013-03-31", "value": -0.16300819011328954, "ref_year": 2014, "fallback_year_used": true, "z": -2.4649880277498495, "percentile_empirical": 4.679475746919538, "r_squared": 0.09393284300981179 }, { "end": "2013-06-30", "value": -0.16411497503137468, "ref_year": 2014, "fallback_year_used": true, "z": -2.475477134541349, "percentile_empirical": 4.6604329754929426, "r_squared": 0.10660609162896183 }, { "end": "2013-09-30", "value": -0.11799995998988774, "ref_year": 2014, "fallback_year_used": true, "z": -2.0384407153076873, "percentile_empirical": 5.914509967415921, "r_squared": 0.0657799219342144 }, { "end": "2013-12-31", "value": -0.09762419782821614, "ref_year": 2014, "fallback_year_used": true, "z": -1.8453376635948684, "percentile_empirical": 7.137223929108836, "r_squared": 0.052536203192960026 }, { "end": "2014-03-31", "value": -0.07194425903104734, "ref_year": 2014, "fallback_year_used": false, "z": -1.6019664213225306, "percentile_empirical": 8.86570886121838, "r_squared": 0.033360232849104436 }, { "end": "2014-06-30", "value": -0.0013949534173214719, "ref_year": 2014, "fallback_year_used": false, "z": -0.9333638874817475, "percentile_empirical": 18.088206365852677, "r_squared": 1.3426591299330532e-05 }, { "end": "2014-09-30", "value": 0.06805988915969724, "ref_year": 2014, "fallback_year_used": false, "z": -0.2751336847811751, "percentile_empirical": 39.867424108810084, "r_squared": 0.032740665329633024 }, { "end": "2014-12-31", "value": -0.013792177336886103, "ref_year": 2014, "fallback_year_used": false, "z": -1.0508535672611021, "percentile_empirical": 15.710278155577871, "r_squared": 0.0019124348544827274 }, { "end": "2015-03-31", "value": -0.058719118367241654, "ref_year": 2015, "fallback_year_used": false, "z": -1.2428114991927206, "percentile_empirical": 16.30964771166338, "r_squared": 0.042285381074675985 }, { "end": "2015-06-30", "value": -0.05993630862302997, "ref_year": 2015, "fallback_year_used": false, "z": -1.254918353290468, "percentile_empirical": 16.200492456010227, "r_squared": 0.04484768205069928 }, { "end": "2015-09-30", "value": -0.043464181688814434, "ref_year": 2015, "fallback_year_used": false, "z": -1.0910773789450339, "percentile_empirical": 17.860489445591615, "r_squared": 0.0234461670159104 }, { "end": "2015-12-31", "value": 0.018152884571293208, "ref_year": 2015, "fallback_year_used": false, "z": -0.47819962413649764, "percentile_empirical": 32.81746596952105, "r_squared": 0.003668313023444811 }, { "end": "2016-03-31", "value": 0.0686882780360516, "ref_year": 2016, "fallback_year_used": false, "z": 0.08018287088330124, "percentile_empirical": 54.09374799504155, "r_squared": 0.05103882584980634 }, { "end": "2016-06-30", "value": 0.09379693399560542, "ref_year": 2016, "fallback_year_used": false, "z": 0.33567750270490915, "percentile_empirical": 62.43878156297654, "r_squared": 0.09435829366560236 }, { "end": "2016-09-30", "value": 0.1266465942403706, "ref_year": 2016, "fallback_year_used": false, "z": 0.6699411870383472, "percentile_empirical": 73.0809976065301, "r_squared": 0.16653284867040322 }, { "end": "2016-12-31", "value": 0.19819668743320934, "ref_year": 2016, "fallback_year_used": false, "z": 1.3980034435985311, "percentile_empirical": 85.55412451054677, "r_squared": 0.39139524893171973 }, { "end": "2017-03-31", "value": 0.25308712914766646, "ref_year": 2017, "fallback_year_used": false, "z": 2.1221869713036674, "percentile_empirical": 89.42028340665132, "r_squared": 0.5785442085064402 }, { "end": "2017-06-30", "value": 0.29264339491521235, "ref_year": 2017, "fallback_year_used": false, "z": 2.5634449863523145, "percentile_empirical": 92.48919433421426, "r_squared": 0.7247119519343941 }, { "end": "2017-09-30", "value": 0.31234121490258926, "ref_year": 2017, "fallback_year_used": false, "z": 2.7831780875376837, "percentile_empirical": 93.18377550784587, "r_squared": 0.8122748293941738 }, { "end": "2017-12-31", "value": 0.26966464987505673, "ref_year": 2017, "fallback_year_used": false, "z": 2.3071125134057135, "percentile_empirical": 90.90965230024139, "r_squared": 0.8127943543120917 }, { "end": "2018-03-31", "value": 0.23875081302998563, "ref_year": 2018, "fallback_year_used": false, "z": 1.948039328911542, "percentile_empirical": 89.61611705995395, "r_squared": 0.8126537746941876 }, { "end": "2018-06-30", "value": 0.22044400175672244, "ref_year": 2018, "fallback_year_used": false, "z": 1.7466119091794852, "percentile_empirical": 88.33844473636995, "r_squared": 0.8111480808522851 }, { "end": "2018-09-30", "value": 0.20739187909270634, "ref_year": 2018, "fallback_year_used": false, "z": 1.603001132239934, "percentile_empirical": 86.81192275389333, "r_squared": 0.8107473970982355 }, { "end": "2018-12-31", "value": 0.21050272950976406, "ref_year": 2018, "fallback_year_used": false, "z": 1.6372294073516944, "percentile_empirical": 87.28604174055528, "r_squared": 0.8477527116717912 }, { "end": "2019-03-31", "value": 0.1986546245039528, "ref_year": 2019, "fallback_year_used": false, "z": 1.5921429006583399, "percentile_empirical": 86.12739983452104, "r_squared": 0.834121734134587 }, { "end": "2019-06-30", "value": 0.18885861798120096, "ref_year": 2019, "fallback_year_used": false, "z": 1.470593940613677, "percentile_empirical": 84.58602882798832, "r_squared": 0.8177670176969402 }, { "end": "2019-09-30", "value": 0.1767862416089471, "ref_year": 2019, "fallback_year_used": false, "z": 1.3207997576568646, "percentile_empirical": 82.76100983321463, "r_squared": 0.7862901417970524 }, { "end": "2019-12-31", "value": 0.17304340025473358, "ref_year": 2019, "fallback_year_used": false, "z": 1.2743585396809283, "percentile_empirical": 82.14358301793692, "r_squared": 0.7909768191971897 }, { "end": "2020-03-31", "value": 0.14342849868147103, "ref_year": 2020, "fallback_year_used": false, "z": 0.9569806168731506, "percentile_empirical": 77.00334997261345, "r_squared": 0.7221966701617164 }, { "end": "2020-06-30", "value": 0.12236705135308161, "ref_year": 2020, "fallback_year_used": false, "z": 0.7352982672837318, "percentile_empirical": 72.97455140569183, "r_squared": 0.6978864088800113 }, { "end": "2020-09-30", "value": 0.10741572223485082, "ref_year": 2020, "fallback_year_used": false, "z": 0.5779279917876865, "percentile_empirical": 70.45554200513901, "r_squared": 0.6884802217555248 }, { "end": "2020-12-31", "value": 0.09295538526408537, "ref_year": 2020, "fallback_year_used": false, "z": 0.4257256561384603, "percentile_empirical": 66.74193473029825, "r_squared": 0.7398075287741834 }, { "end": "2021-03-31", "value": 0.11358802784469203, "ref_year": 2021, "fallback_year_used": false, "z": 0.38507061125260483, "percentile_empirical": 63.207538903332, "r_squared": 0.6951502435627966 }, { "end": "2021-06-30", "value": 0.12307102941983014, "ref_year": 2021, "fallback_year_used": false, "z": 0.47052391108950026, "percentile_empirical": 68.51737968581003, "r_squared": 0.6871604981604073 }, { "end": "2021-09-30", "value": 0.13122523327055166, "ref_year": 2021, "fallback_year_used": false, "z": 0.5440031382166691, "percentile_empirical": 69.94984106280448, "r_squared": 0.6779073331256777 }, { "end": "2021-12-31", "value": 0.1398634895905507, "ref_year": 2021, "fallback_year_used": false, "z": 0.621844262836548, "percentile_empirical": 71.22566411405306, "r_squared": 0.6906537973328793 }, { "end": "2022-03-31", "value": 0.14447356856935006, "ref_year": 2022, "fallback_year_used": false, "z": 0.4555355732329728, "percentile_empirical": 65.62162180523278, "r_squared": 0.7157668730832345 }, { "end": "2022-06-30", "value": 0.1458351650393746, "ref_year": 2022, "fallback_year_used": false, "z": 0.46779985492948445, "percentile_empirical": 65.8711812755452, "r_squared": 0.7395430198457619 }, { "end": "2022-09-30", "value": 0.14001065454420442, "ref_year": 2022, "fallback_year_used": false, "z": 0.4153368535706691, "percentile_empirical": 64.64793116799356, "r_squared": 0.7238250452980514 }, { "end": "2022-12-31", "value": 0.12566452168948036, "ref_year": 2022, "fallback_year_used": false, "z": 0.286117207031232, "percentile_empirical": 60.4368970980767, "r_squared": 0.6314330647371933 }, { "end": "2023-03-31", "value": 0.10852031726835032, "ref_year": 2023, "fallback_year_used": false, "z": 0.07751174637663882, "percentile_empirical": 55.11666707403542, "r_squared": 0.5059152013178146 }, { "end": "2023-06-30", "value": 0.09164383551330017, "ref_year": 2023, "fallback_year_used": false, "z": -0.08017079541475583, "percentile_empirical": 49.25561752274845, "r_squared": 0.3775728678187624 }, { "end": "2023-09-30", "value": 0.07547673159463016, "ref_year": 2023, "fallback_year_used": false, "z": -0.23122538583841787, "percentile_empirical": 43.46194925388038, "r_squared": 0.2630946583548827 }, { "end": "2023-12-31", "value": 0.058148005604736215, "ref_year": 2023, "fallback_year_used": false, "z": -0.39313339485074766, "percentile_empirical": 37.027215120737885, "r_squared": 0.1560085513614302 }, { "end": "2024-03-31", "value": 0.04051988413612403, "ref_year": 2024, "fallback_year_used": false, "z": -0.5484903972491085, "percentile_empirical": 29.38496445571211, "r_squared": 0.07846942331948345 }, { "end": "2024-06-30", "value": 0.025198239632328683, "ref_year": 2024, "fallback_year_used": false, "z": -0.6890537641699437, "percentile_empirical": 26.361192831390653, "r_squared": 0.03281500165800153 }, { "end": "2024-09-30", "value": 0.012112578103218799, "ref_year": 2024, "fallback_year_used": false, "z": -0.809103843811362, "percentile_empirical": 21.88126873563224, "r_squared": 0.008429541980796623 }, { "end": "2024-12-31", "value": 0.007237587678358747, "ref_year": 2024, "fallback_year_used": false, "z": -0.8538278333057938, "percentile_empirical": 21.201448567613827, "r_squared": 0.003323920972749378 }, { "end": "2025-03-31", "value": 0.007355673848322768, "ref_year": 2025, "fallback_year_used": false, "z": -0.5961504446378335, "percentile_empirical": 28.694560719942462, "r_squared": 0.003586965069745711 }, { "end": "2025-06-30", "value": 0.0038105283917886936, "ref_year": 2025, "fallback_year_used": false, "z": -0.6260270937306348, "percentile_empirical": 27.910391636001144, "r_squared": 0.0010702674302043858 }, { "end": "2025-09-30", "value": 0.008638843658253124, "ref_year": 2025, "fallback_year_used": false, "z": -0.5853365543171678, "percentile_empirical": 29.01119420575264, "r_squared": 0.005364388966005209 }, { "end": "2025-12-31", "value": 0.015726726234625947, "ref_year": 2025, "fallback_year_used": false, "z": -0.5256035523454233, "percentile_empirical": 31.21561877848074, "r_squared": 0.016787387056739676 }, { "end": "2026-03-31", "value": 0.029844599571548426, "ref_year": 2026, "fallback_year_used": false, "z": -0.2823427803781689, "percentile_empirical": 38.71086474963017, "r_squared": 0.05258125000719524 }, { "end": "2026-06-30", "value": 0.05935586198897207, "ref_year": 2026, "fallback_year_used": false, "z": -0.034440867389978785, "percentile_empirical": 48.15565184781521, "r_squared": 0.16135598860603612 } ] }, { "id": "net_income_ttm_5yr_trend", "label": "Net Income (5y trend)", "is_ratio": true, "latest": { "end": "2026-06-30", "value": 0.058219173917479154 }, "latest_score": { "z": 0.005364613555805748, "percentile_empirical": 50.00007781542691, "ref_year": 2026, "fallback_year_used": false, "r_squared": 0.15751650010163282 }, "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": "2011-12-31", "value": -0.04525693450953011, "ref_year": 2014, "fallback_year_used": true, "z": -1.2063730758224205, "percentile_empirical": 14.024928352000693, "r_squared": 0.005895446736290668 }, { "end": "2012-03-31", "value": -0.07046578818088325, "ref_year": 2014, "fallback_year_used": true, "z": -1.404755704398068, "percentile_empirical": 11.657765633505683, "r_squared": 0.01710462679033049 }, { "end": "2012-06-30", "value": -0.10336913443837281, "ref_year": 2014, "fallback_year_used": true, "z": -1.663690616893242, "percentile_empirical": 9.818259072733882, "r_squared": 0.041641398457016705 }, { "end": "2012-09-30", "value": -0.21279573936388452, "ref_year": 2014, "fallback_year_used": true, "z": -2.5248300326018125, "percentile_empirical": 3.8227052138976814, "r_squared": 0.14387607499213648 }, { "end": "2012-12-31", "value": -0.2745135885872126, "ref_year": 2014, "fallback_year_used": true, "z": -3.010522453152965, "percentile_empirical": 2.7572224893959687, "r_squared": 0.22314121154184327 }, { "end": "2013-03-31", "value": -0.29033504244978153, "ref_year": 2014, "fallback_year_used": true, "z": -3.1350303600202856, "percentile_empirical": 2.6202342746458154, "r_squared": 0.26197476261199654 }, { "end": "2013-06-30", "value": -0.28923833230104246, "ref_year": 2014, "fallback_year_used": true, "z": -3.1263997318715853, "percentile_empirical": 2.6297300116797917, "r_squared": 0.2814714343341372 }, { "end": "2013-09-30", "value": -0.23984130243679339, "ref_year": 2014, "fallback_year_used": true, "z": -2.737666759081337, "percentile_empirical": 3.1620260299786644, "r_squared": 0.22852665637174488 }, { "end": "2013-12-31", "value": -0.2108520552797695, "ref_year": 2014, "fallback_year_used": true, "z": -2.509534090836497, "percentile_empirical": 3.8701862595326975, "r_squared": 0.20364374789361034 }, { "end": "2014-03-31", "value": -0.17668477578856706, "ref_year": 2014, "fallback_year_used": false, "z": -2.2406525778129134, "percentile_empirical": 4.672553651696532, "r_squared": 0.16625292649959533 }, { "end": "2014-06-30", "value": -0.08103575647156615, "ref_year": 2014, "fallback_year_used": false, "z": -1.487936721702706, "percentile_empirical": 11.154074030423343, "r_squared": 0.03999622104524204 }, { "end": "2014-09-30", "value": 0.02515698886341124, "ref_year": 2014, "fallback_year_used": false, "z": -0.652246363471263, "percentile_empirical": 28.26179217000187, "r_squared": 0.004205497439771495 }, { "end": "2014-12-31", "value": -0.029554256059940096, "ref_year": 2014, "fallback_year_used": false, "z": -1.082799879392318, "percentile_empirical": 16.251801737785414, "r_squared": 0.007799712928556323 }, { "end": "2015-03-31", "value": -0.03948270818597405, "ref_year": 2015, "fallback_year_used": false, "z": -1.0656156279496112, "percentile_empirical": 19.937980871070955, "r_squared": 0.01579018471978317 }, { "end": "2015-06-30", "value": -0.023133037900044336, "ref_year": 2015, "fallback_year_used": false, "z": -0.9112554116585885, "percentile_empirical": 23.49045438543938, "r_squared": 0.005470750856219902 }, { "end": "2015-09-30", "value": 0.011694723002661533, "ref_year": 2015, "fallback_year_used": false, "z": -0.5824401749072866, "percentile_empirical": 29.69200303145313, "r_squared": 0.0014247233048166389 }, { "end": "2015-12-31", "value": 0.07658113437350848, "ref_year": 2015, "fallback_year_used": false, "z": 0.030164257988937133, "percentile_empirical": 50.621425497648, "r_squared": 0.05660025344513412 }, { "end": "2016-03-31", "value": 0.12327584629349046, "ref_year": 2016, "fallback_year_used": false, "z": 0.4893292347179012, "percentile_empirical": 68.82042472064794, "r_squared": 0.14615943118194122 }, { "end": "2016-06-30", "value": 0.1513765127064274, "ref_year": 2016, "fallback_year_used": false, "z": 0.7419056599096554, "percentile_empirical": 75.02604593815937, "r_squared": 0.21973187284055404 }, { "end": "2016-09-30", "value": 0.17067795854813442, "ref_year": 2016, "fallback_year_used": false, "z": 0.9153922996957574, "percentile_empirical": 79.4909607633421, "r_squared": 0.28062476283128995 }, { "end": "2016-12-31", "value": 0.23323008953939986, "ref_year": 2016, "fallback_year_used": false, "z": 1.4776278496194615, "percentile_empirical": 85.88920248577949, "r_squared": 0.5083975687693991 }, { "end": "2017-03-31", "value": 0.2806268539764687, "ref_year": 2017, "fallback_year_used": false, "z": 1.9421032684195778, "percentile_empirical": 89.00651071964685, "r_squared": 0.6849367283583635 }, { "end": "2017-06-30", "value": 0.30316047836279997, "ref_year": 2017, "fallback_year_used": false, "z": 2.1493203352323564, "percentile_empirical": 90.45109098830913, "r_squared": 0.7788788064741828 }, { "end": "2017-09-30", "value": 0.309711914032298, "ref_year": 2017, "fallback_year_used": false, "z": 2.2095667145795455, "percentile_empirical": 90.73666858603801, "r_squared": 0.8303201301148418 }, { "end": "2017-12-31", "value": 0.2533634689703894, "ref_year": 2017, "fallback_year_used": false, "z": 1.6913917727680334, "percentile_empirical": 86.68628024988857, "r_squared": 0.8081382400153012 }, { "end": "2018-03-31", "value": 0.21112345100493854, "ref_year": 2018, "fallback_year_used": false, "z": 0.9261633796569128, "percentile_empirical": 78.58822633535308, "r_squared": 0.8075510626797876 }, { "end": "2018-06-30", "value": 0.18707378551373535, "ref_year": 2018, "fallback_year_used": false, "z": 0.7475506112462629, "percentile_empirical": 76.27315425972725, "r_squared": 0.8099208784698256 }, { "end": "2018-09-30", "value": 0.16702620116724734, "ref_year": 2018, "fallback_year_used": false, "z": 0.5986606176876418, "percentile_empirical": 70.46255937045032, "r_squared": 0.8170887605880008 }, { "end": "2018-12-31", "value": 0.17268971321619397, "ref_year": 2018, "fallback_year_used": false, "z": 0.6407225568177075, "percentile_empirical": 72.26168329149785, "r_squared": 0.8298815513646128 }, { "end": "2019-03-31", "value": 0.16558700593768272, "ref_year": 2019, "fallback_year_used": false, "z": 0.5288963566839371, "percentile_empirical": 67.69072922615769, "r_squared": 0.8305381424939979 }, { "end": "2019-06-30", "value": 0.15843227341367416, "ref_year": 2019, "fallback_year_used": false, "z": 0.46487178138290824, "percentile_empirical": 65.40929364134404, "r_squared": 0.8285310914876464 }, { "end": "2019-09-30", "value": 0.1577272422803786, "ref_year": 2019, "fallback_year_used": false, "z": 0.45856276581429245, "percentile_empirical": 65.26645913297784, "r_squared": 0.8439261433364311 }, { "end": "2019-12-31", "value": 0.16667473354624318, "ref_year": 2019, "fallback_year_used": false, "z": 0.538629955801388, "percentile_empirical": 68.00072608833979, "r_squared": 0.8990673583368769 }, { "end": "2020-03-31", "value": 0.1504089038629258, "ref_year": 2020, "fallback_year_used": false, "z": 0.527971096161349, "percentile_empirical": 69.69098827933892, "r_squared": 0.8741655116337934 }, { "end": "2020-06-30", "value": 0.14640832956614683, "ref_year": 2020, "fallback_year_used": false, "z": 0.4946462465529305, "percentile_empirical": 67.8539948874537, "r_squared": 0.8766044559510335 }, { "end": "2020-09-30", "value": 0.14168163074736365, "ref_year": 2020, "fallback_year_used": false, "z": 0.4552727677483844, "percentile_empirical": 66.71024578324368, "r_squared": 0.8772819599264761 }, { "end": "2020-12-31", "value": 0.13461252929812445, "ref_year": 2020, "fallback_year_used": false, "z": 0.39638703655418506, "percentile_empirical": 65.23966275213753, "r_squared": 0.8785068780509921 }, { "end": "2021-03-31", "value": 0.1578761611679967, "ref_year": 2021, "fallback_year_used": false, "z": 0.3713128043690239, "percentile_empirical": 63.98657244696355, "r_squared": 0.8540182237456327 }, { "end": "2021-06-30", "value": 0.16624889502512552, "ref_year": 2021, "fallback_year_used": false, "z": 0.4303767522414953, "percentile_empirical": 65.45003762000663, "r_squared": 0.8376580759403023 }, { "end": "2021-09-30", "value": 0.17180569717574096, "ref_year": 2021, "fallback_year_used": false, "z": 0.46957621542306294, "percentile_empirical": 66.90749859406944, "r_squared": 0.8218789701274647 }, { "end": "2021-12-31", "value": 0.17666058124737774, "ref_year": 2021, "fallback_year_used": false, "z": 0.5038241235289559, "percentile_empirical": 68.26887261854814, "r_squared": 0.8242864960554304 }, { "end": "2022-03-31", "value": 0.17888038877157902, "ref_year": 2022, "fallback_year_used": false, "z": 0.47648877722843064, "percentile_empirical": 66.59906861475538, "r_squared": 0.841550281996008 }, { "end": "2022-06-30", "value": 0.17731958115695437, "ref_year": 2022, "fallback_year_used": false, "z": 0.4648069132340746, "percentile_empirical": 66.21763957892335, "r_squared": 0.8567636490411094 }, { "end": "2022-09-30", "value": 0.16893391647198588, "ref_year": 2022, "fallback_year_used": false, "z": 0.40204440910852035, "percentile_empirical": 65.13341617204138, "r_squared": 0.838316404931183 }, { "end": "2022-12-31", "value": 0.1530868564277111, "ref_year": 2022, "fallback_year_used": false, "z": 0.2834370942716239, "percentile_empirical": 61.18576169316562, "r_squared": 0.7558651289046535 }, { "end": "2023-03-31", "value": 0.1268542416263326, "ref_year": 2023, "fallback_year_used": false, "z": 0.19603345004821837, "percentile_empirical": 58.2966431691907, "r_squared": 0.6121646695200124 }, { "end": "2023-06-30", "value": 0.10246374238348432, "ref_year": 2023, "fallback_year_used": false, "z": -0.00849857854417512, "percentile_empirical": 50.330684280135564, "r_squared": 0.45628726231208677 }, { "end": "2023-09-30", "value": 0.08001655635871185, "ref_year": 2023, "fallback_year_used": false, "z": -0.19673451615761897, "percentile_empirical": 43.28395137355166, "r_squared": 0.3071439594952446 }, { "end": "2023-12-31", "value": 0.055479488516475585, "ref_year": 2023, "fallback_year_used": false, "z": -0.4024956287741766, "percentile_empirical": 35.53821563292095, "r_squared": 0.15712676451345614 }, { "end": "2024-03-31", "value": 0.03737576081623443, "ref_year": 2024, "fallback_year_used": false, "z": -0.48229379847287057, "percentile_empirical": 31.634590838550615, "r_squared": 0.07362829708411762 }, { "end": "2024-06-30", "value": 0.02190749881873407, "ref_year": 2024, "fallback_year_used": false, "z": -0.5969328620166041, "percentile_empirical": 28.829547767143783, "r_squared": 0.027158775226662792 }, { "end": "2024-09-30", "value": 0.008180933114489485, "ref_year": 2024, "fallback_year_used": false, "z": -0.6986637893994233, "percentile_empirical": 25.454458597056135, "r_squared": 0.004209111495999773 }, { "end": "2024-12-31", "value": 0.0038196335286433993, "ref_year": 2024, "fallback_year_used": false, "z": -0.7309864446813071, "percentile_empirical": 24.0730392857401, "r_squared": 0.0010042934268429118 }, { "end": "2025-03-31", "value": 0.00486654072608299, "ref_year": 2025, "fallback_year_used": false, "z": -0.4695930974477066, "percentile_empirical": 30.926692660940805, "r_squared": 0.001679155707805164 }, { "end": "2025-06-30", "value": 0.002080750002095761, "ref_year": 2025, "fallback_year_used": false, "z": -0.4889618985427265, "percentile_empirical": 30.09808149973104, "r_squared": 0.00033695902754799135 }, { "end": "2025-09-30", "value": 0.007338954709174943, "ref_year": 2025, "fallback_year_used": false, "z": -0.4524031146357481, "percentile_empirical": 31.756355660609902, "r_squared": 0.004048260499297122 }, { "end": "2025-12-31", "value": 0.014775212439670699, "ref_year": 2025, "fallback_year_used": false, "z": -0.4007009549461905, "percentile_empirical": 34.24974318350939, "r_squared": 0.015359035064442117 }, { "end": "2026-03-31", "value": 0.029039176949622048, "ref_year": 2026, "fallback_year_used": false, "z": -0.19392373558883508, "percentile_empirical": 40.896580177675666, "r_squared": 0.050991767475036864 }, { "end": "2026-06-30", "value": 0.058219173917479154, "ref_year": 2026, "fallback_year_used": false, "z": 0.005364613555805748, "percentile_empirical": 50.00007781542691, "r_squared": 0.15751650010163282 } ] } ] } ] }