WELPP
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 WELPP 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 | $4.49B | $3.98B | $4.04B | $4.07B | +12.9% |
| Operating revenue | $4.48B | $3.97B | $4.03B | $4.06B | +12.9% |
| Cost of revenue | $2.57B | $2.24B | $2.38B | $2.52B | +14.9% |
| Gross profit | $1.92B | $1.74B | $1.66B | $1.55B | +10.3% |
| Total operating expense | $750.10M | $680.50M | $640.30M | $605.30M | +10.2% |
| Operating income | $1.17B | $1.06B | $1.02B | $940.00M | +10.3% |
| Net interest income | -$487.80M | -$479.60M | -$465.40M | -$458.30M | -1.7% |
| Pre-tax income | $743.00M | $650.80M | $624.50M | $531.00M | +14.2% |
| Tax provision | $115.00M | $136.40M | $142.70M | $133.10M | -15.7% |
| Net income | $628.00M | $514.40M | $481.80M | $397.90M | +22.1% |
| Net income to common | $626.80M | $513.20M | $480.60M | $396.70M | +22.1% |
| EBIT | $1.23B | $1.14B | $1.09B | $989.40M | +8.2% |
| EBITDA | $1.86B | $1.71B | $1.62B | $1.47B | +8.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $0 | $400.00K | $6.10M | $6.10M | -100.0% |
| Cash & short-term investments | $0 | $400.00K | $6.10M | $6.10M | -100.0% |
| Accounts receivable | $862.70M | $729.80M | $716.90M | $695.80M | +18.2% |
| Inventory | $322.70M | $354.80M | $310.60M | $292.90M | -9.0% |
| Total current assets | $1.36B | $1.27B | $1.21B | $1.21B | +6.5% |
| Property, plant & equipment | $15.21B | $12.81B | $11.59B | $10.72B | +18.7% |
| Total assets | $19.70B | $17.20B | $15.84B | $15.02B | +14.5% |
| Total current liabilities | $1.78B | $1.46B | $1.48B | $1.37B | +22.1% |
| Current debt | $689.90M | $439.10M | $669.80M | $469.60M | +57.1% |
| Long-term debt | $4.52B | $3.73B | $3.05B | $3.35B | +21.1% |
| Total debt | $8.03B | $7.01B | $6.56B | $6.64B | +14.6% |
| Total liabilities | $12.92B | $11.69B | $10.76B | $10.85B | +10.5% |
| Retained earnings | $2.47B | $2.44B | $2.17B | $2.06B | +1.1% |
| Shareholder equity | $6.78B | $5.51B | $5.08B | $4.17B | +23.1% |
| Working capital | -$425.50M | -$185.50M | -$279.60M | -$165.00M | -129.4% |
| Net tangible assets | $6.78B | $5.51B | $5.08B | $4.17B | +23.1% |
| Shares issued | 33.29M | 33.29M | 33.29M | 33.29M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $628.00M | $514.40M | $481.80M | $397.90M | +22.1% |
| Depreciation & amortisation | $629.90M | $573.70M | $525.00M | $479.70M | +9.8% |
| Change in working capital | -$68.50M | $35.00M | -$51.70M | -$130.00M | -295.7% |
| Operating cash flow | $1.13B | $1.26B | $939.10M | $637.00M | -10.8% |
| Capital expenditure | -$2.74B | -$1.44B | -$1.09B | -$930.40M | -90.1% |
| Investing cash flow | -$2.70B | -$1.54B | -$1.23B | -$914.00M | -75.9% |
| Dividends paid | -$600.00M | -$240.00M | -$370.00M | -$630.00M | -150.0% |
| Financing cash flow | $1.58B | $268.20M | $248.00M | $321.70M | +487.9% |
| Free cash flow | -$1.62B | -$178.20M | -$155.50M | -$293.40M | -806.3% |
| End cash position | $2.60M | $2.50M | $7.50M | $47.70M | +4.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $1.06B | $1.32B | $1.10B | $1.01B | $1.18B | -20.0% |
| Operating revenue | $1.04B | $1.31B | $1.10B | $1.01B | $1.18B | -20.6% |
| Cost of revenue | $606.70M | $765.80M | $672.50M | $576.10M | $651.70M | -20.8% |
| Gross profit | $450.40M | $556.40M | $429.30M | $434.70M | $527.10M | -19.1% |
| Total operating expense | $199.20M | $199.40M | $192.30M | $185.90M | $181.80M | -0.1% |
| Operating income | $251.20M | $357.00M | $237.00M | $248.80M | $345.30M | -29.6% |
| Net interest income | -$121.20M | -$123.30M | -$120.50M | -$121.20M | -$122.50M | +1.7% |
| Pre-tax income | $169.30M | $265.90M | $137.90M | $139.80M | $231.70M | -36.3% |
| Tax provision | $19.20M | $30.40M | $22.50M | $21.00M | $35.30M | -36.8% |
| Net income | $150.10M | $235.50M | $115.40M | $118.80M | $196.40M | -36.3% |
| Net income to common | $149.80M | $235.20M | $115.10M | $118.50M | $196.10M | -36.3% |
| EBIT | $291.80M | $389.60M | $261.30M | $261.10M | $356.40M | -25.1% |
| EBITDA | $459.20M | $555.00M | $423.60M | $417.40M | $507.30M | -17.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.60M | — | $0 | $2.10M | $62.70M | — |
| Cash & short-term investments | $2.60M | — | $0 | $2.10M | $62.70M | — |
| Accounts receivable | $783.40M | $778.20M | $862.70M | $719.30M | $696.10M | +0.7% |
| Inventory | $332.80M | $296.30M | $322.70M | $319.10M | $305.00M | +12.3% |
| Total current assets | $1.31B | $1.22B | $1.36B | $1.19B | $1.22B | +7.0% |
| Property, plant & equipment | $16.47B | $15.59B | $15.21B | $13.45B | $13.04B | +5.6% |
| Total assets | $20.92B | $19.94B | $19.70B | $17.75B | $17.38B | +4.9% |
| Total current liabilities | $1.28B | $1.10B | $1.78B | $1.00B | $1.19B | +15.7% |
| Current debt | $225.40M | $144.30M | $689.90M | $183.70M | $287.20M | +56.2% |
| Long-term debt | $5.60B | $4.81B | $4.52B | $3.73B | $3.73B | +16.4% |
| Total debt | $8.68B | $7.79B | $8.03B | $6.77B | $6.84B | +11.4% |
| Total liabilities | $13.67B | $12.58B | $12.92B | $11.34B | $11.43B | +8.7% |
| Retained earnings | $2.51B | $2.64B | $2.47B | $2.64B | $2.58B | -5.1% |
| Shareholder equity | $7.25B | $7.36B | $6.78B | $6.41B | $5.94B | -1.4% |
| Working capital | $30.40M | $118.20M | -$425.50M | $189.30M | $23.00M | -74.3% |
| Net tangible assets | $7.25B | $7.36B | $6.78B | $6.41B | $5.94B | -1.4% |
| Shares issued | 33.29M | 33.29M | 33.29M | 33.29M | 33.29M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | $150.10M | $235.50M | $115.40M | $118.80M | $196.40M | -36.3% |
| Depreciation & amortisation | $167.40M | $165.40M | $162.30M | $156.30M | $150.90M | +1.2% |
| Change in working capital | -$26.30M | $72.80M | -$147.70M | -$143.30M | $73.90M | -136.1% |
| Operating cash flow | $296.90M | $481.30M | $133.20M | $176.00M | $391.70M | -38.3% |
| Capital expenditure | -$857.50M | -$531.10M | -$851.80M | -$451.20M | -$417.90M | -61.5% |
| Investing cash flow | -$881.90M | -$546.10M | -$848.30M | -$456.40M | -$390.60M | -61.5% |
| Dividends paid | -$285.00M | -$60.00M | -$360.00M | -$60.00M | -$60.00M | -375.0% |
| Financing cash flow | $584.50M | $67.40M | $709.60M | $216.90M | $64.00M | +767.2% |
| Free cash flow | -$560.60M | -$49.80M | -$718.60M | -$275.20M | -$26.20M | -1,025.7% |
| End cash position | $4.70M | $5.20M | $2.60M | $4.10M | $67.60M | -9.6% |
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
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