TR1.DU
Price
Day trading desk
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
5 more panels on TR1.DU open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Fundamentals
Valuation & profitability ratios
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $7.31B | $7.09B | $6.46B | $6.49B | +3.1% |
| Operating revenue | $7.31B | $7.09B | $6.46B | $6.49B | +3.1% |
| Cost of revenue | $3.56B | $3.41B | $3.25B | $2.92B | +4.5% |
| Gross profit | $3.75B | $3.68B | $3.21B | $3.57B | +1.8% |
| Selling, general & admin | $1.27B | $1.21B | $1.17B | $1.07B | +5.4% |
| Total operating expense | $1.27B | $1.21B | $1.17B | $1.07B | +5.4% |
| Operating income | $2.48B | $2.48B | $2.04B | $2.50B | +0.0% |
| Pre-tax income | $2.88B | $2.82B | $2.49B | $1.95B | +2.0% |
| Tax provision | $667.20M | $683.80M | $654.60M | $498.60M | -2.4% |
| Net income | $2.09B | $2.10B | $1.79B | $1.56B | -0.6% |
| Net income to common | $2.04B | $2.04B | $1.74B | $1.52B | -0.4% |
| Basic EPS | 9.26 | 9.18 | 7.78 | 6.73 | +0.9% |
| Diluted EPS | 9.24 | 9.15 | 7.76 | 6.70 | +1.0% |
| EBIT | $2.48B | $2.48B | $2.04B | $2.50B | +0.0% |
| EBITDA | $3.08B | $2.98B | $2.52B | $3.14B | +3.4% |
| Basic shares | 220.00M | 222.80M | 224.10M | 226.00M | -1.3% |
| Diluted shares | 220.30M | 223.30M | 224.80M | 227.10M | -1.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $3.38B | $2.65B | $2.07B | $1.76B | +27.5% |
| Cash & short-term investments | $3.38B | $2.65B | $2.07B | $1.76B | +27.5% |
| Accounts receivable | $931.20M | $877.40M | $807.90M | $748.70M | +6.1% |
| Total current assets | $4.31B | $3.53B | $2.87B | $2.50B | +22.2% |
| Property, plant & equipment | $1.23B | $1.20B | $1.05B | $1.04B | +2.0% |
| Goodwill & intangibles | $2.92B | $3.01B | $3.15B | $3.27B | -3.1% |
| Total assets | $14.34B | $13.47B | $12.28B | $11.64B | +6.5% |
| Total current liabilities | $407.60M | $440.60M | $489.10M | $452.70M | -7.5% |
| Total debt | $447.20M | $278.70M | $308.50M | $329.60M | +60.5% |
| Total liabilities | $2.29B | $2.02B | $1.99B | $1.96B | +13.2% |
| Retained earnings | $10.87B | $10.04B | $9.08B | $8.41B | +8.2% |
| Shareholder equity | $10.86B | $10.35B | $9.51B | $8.84B | +5.0% |
| Working capital | $3.90B | $3.09B | $2.39B | $2.05B | +26.4% |
| Net tangible assets | $7.94B | $7.33B | $6.36B | $5.57B | +8.3% |
| Shares issued | 218.56M | 222.97M | 223.94M | 224.31M | -2.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $2.21B | $2.14B | $1.84B | $1.45B | +3.4% |
| Depreciation & amortisation | $605.50M | $504.20M | $481.60M | $645.80M | +20.1% |
| Stock-based compensation | $216.90M | $247.30M | $265.60M | $285.40M | -12.3% |
| Change in working capital | $169.80M | $5.50M | $193.60M | -$139.90M | +2,987.3% |
| Operating cash flow | $1.75B | $1.69B | $1.22B | $2.36B | +4.0% |
| Capital expenditure | -$274.20M | -$423.40M | -$307.90M | -$237.60M | +35.2% |
| Investing cash flow | $230.30M | -$177.50M | $128.20M | -$41.50M | +229.7% |
| Share buybacks | -$620.90M | -$337.20M | -$254.40M | -$849.80M | -84.1% |
| Dividends paid | -$1.14B | -$1.14B | -$1.12B | -$1.11B | -0.7% |
| Financing cash flow | -$1.28B | -$936.60M | -$1.08B | -$2.08B | -36.4% |
| Free cash flow | $1.48B | $1.26B | $911.20M | $2.12B | +17.2% |
| End cash position | $3.42B | $2.71B | $2.14B | $1.87B | +26.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $1.91B | $1.86B | $1.93B | $1.89B | $1.72B | — | +2.7% |
| Operating revenue | $1.91B | $1.86B | $1.93B | $1.89B | $1.72B | — | +2.7% |
| Cost of revenue | $1.01B | $833.30M | $938.80M | $888.80M | $895.00M | — | +21.5% |
| Gross profit | $894.80M | $1.02B | $995.30M | $1.00B | $828.30M | — | -12.6% |
| Selling, general & admin | $125.20M | $315.20M | $350.90M | $306.20M | $123.80M | — | -60.3% |
| Total operating expense | $331.10M | $315.20M | $350.90M | $306.20M | $318.80M | — | +5.0% |
| Operating income | $563.70M | $708.50M | $644.40M | $698.50M | $509.50M | — | -20.4% |
| Pre-tax income | $909.60M | $632.20M | $613.10M | $881.60M | $713.80M | — | +43.9% |
| Tax provision | $214.20M | $148.10M | $152.50M | $195.10M | $157.70M | — | +44.6% |
| Net income | $632.00M | $498.20M | $445.30M | $646.10M | $505.20M | — | +26.9% |
| Net income to common | $616.00M | $485.70M | $434.20M | $631.40M | $492.80M | — | +26.8% |
| Basic EPS | 2.88 | 2.23 | 1.99 | — | 2.24 | 2.15 | +29.1% |
| Diluted EPS | 2.88 | 2.23 | 1.99 | — | 2.24 | 2.15 | +29.1% |
| EBIT | $563.70M | $708.50M | $644.40M | $698.50M | $509.50M | — | -20.4% |
| EBITDA | $700.60M | $777.30M | $1.05B | $698.50M | $695.20M | — | -9.9% |
| Basic shares | 214.00M | 217.50M | 218.20M | — | 220.20M | 222.30M | -1.6% |
| Diluted shares | 214.20M | 217.60M | 218.40M | — | 220.40M | 222.60M | -1.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.23B | $3.73B | $3.38B | $3.63B | $3.06B | -13.3% |
| Cash & short-term investments | $3.23B | $3.73B | $3.38B | $3.63B | $3.06B | -13.3% |
| Accounts receivable | $941.60M | $909.90M | $931.20M | $899.40M | $861.80M | +3.5% |
| Total current assets | $4.18B | $4.64B | $4.31B | $4.53B | $3.92B | -10.0% |
| Property, plant & equipment | $1.18B | $1.20B | $1.23B | $1.37B | $1.40B | -1.1% |
| Goodwill & intangibles | $2.89B | $2.90B | $2.92B | $2.94B | $2.96B | -0.5% |
| Total assets | $15.36B | $14.39B | $14.34B | $14.73B | $14.34B | +6.7% |
| Total current liabilities | $433.60M | $501.90M | $407.60M | $396.20M | $357.90M | -13.6% |
| Total debt | $429.40M | $438.10M | $447.20M | $455.10M | $475.20M | -2.0% |
| Total liabilities | $3.18B | $2.52B | $2.29B | $2.76B | $2.53B | +26.5% |
| Retained earnings | $11.02B | $10.79B | $10.87B | $10.82B | $10.46B | +2.1% |
| Shareholder equity | $11.00B | $10.78B | $10.86B | $10.81B | $10.56B | +2.1% |
| Working capital | $3.74B | $4.14B | $3.90B | $4.14B | $3.56B | -9.6% |
| Net tangible assets | $8.11B | $7.87B | $7.94B | $7.88B | $7.60B | +3.0% |
| Shares issued | 213.31M | 214.88M | 218.56M | 218.68M | 219.90M | -0.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $695.40M | $484.10M | $460.60M | $686.50M | $556.10M | +43.6% |
| Depreciation & amortisation | $136.90M | $68.80M | $401.80M | -$45.60M | $185.70M | +99.0% |
| Stock-based compensation | $40.70M | $49.10M | $82.70M | $37.30M | $46.60M | -17.1% |
| Change in working capital | $251.40M | $304.50M | -$409.80M | $312.20M | $177.10M | -17.4% |
| Operating cash flow | $517.30M | $824.30M | -$18.70M | $609.30M | $529.90M | -37.2% |
| Capital expenditure | -$66.40M | -$62.00M | -$66.70M | -$63.30M | -$62.20M | -7.1% |
| Investing cash flow | -$777.00M | $59.60M | $249.20M | $37.90M | -$9.00M | -1,403.7% |
| Share buybacks | -$167.30M | -$333.50M | -$139.10M | -$153.50M | -$113.10M | +49.8% |
| Dividends paid | -$282.10M | -$289.10M | -$284.50M | -$283.40M | -$285.60M | +2.4% |
| Financing cash flow | -$228.60M | -$502.00M | -$491.80M | -$98.30M | -$275.90M | +54.5% |
| Free cash flow | $450.90M | $762.30M | -$85.40M | $546.00M | $467.70M | -40.9% |
| End cash position | $3.31B | $3.80B | $3.42B | $3.68B | $3.13B | -12.8% |
Options analytics
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Analyst targets & ownership
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 10, 26 | Evercore ISI Group | MAINTAINED | In-Line | In-Line |
| Aug 3, 26 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Aug 3, 26 | TD Cowen | MAINTAINED | Hold | Hold |
| Aug 3, 26 | Evercore ISI Group | MAINTAINED | In-Line | In-Line |
| Aug 3, 26 | BMO Capital | MAINTAINED | Market Perform | Market Perform |
| Aug 3, 26 | Barclays | MAINTAINED | Underweight | Underweight |
| Jul 20, 26 | TD Cowen | MAINTAINED | Hold | Hold |
| Jul 14, 26 | Barclays | MAINTAINED | Underweight | Underweight |
| Jul 10, 26 | Evercore ISI Group | MAINTAINED | In-Line | In-Line |
| Jul 10, 26 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
| Jun 26, 26 | Morgan Stanley | MAINTAINED | Equal-Weight | Equal-Weight |
| Jun 8, 26 | Evercore ISI Group | MAINTAINED | In-Line | In-Line |
Headlines
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.