Celestica (CLS)
Market Price (12/27/2025): $303.61 | Market Cap: $34.9 BilSector: Information Technology | Industry: Electronic Components
Celestica (CLS)
Market Price (12/27/2025): $303.61Market Cap: $34.9 BilSector: Information TechnologyIndustry: Electronic Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Megatrend and thematic driversMegatrends include Artificial Intelligence, and 5G & Advanced Connectivity. Themes include Data Centers & Infrastructure, and Telecom Infrastructure. | Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 63x |
| Stock price has recently run up significantly12M Rtn12 month market price return is 209% | |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 82% | |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.1% | |
| Key risksCLS key risks include [1] significant customer concentration, Show more. |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, and 5G & Advanced Connectivity. Themes include Data Centers & Infrastructure, and Telecom Infrastructure. |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 63x |
| Stock price has recently run up significantly12M Rtn12 month market price return is 209% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 82% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.1% |
| Key risksCLS key risks include [1] significant customer concentration, Show more. |
Why The Stock Moved
Qualitative Assessment
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<b>1. Strong Q3 2025 Financial Results and Raised Outlook:</b> Celestica reported robust financial results for the third quarter ended September 30, 2025, with revenue increasing by 28% to $3.19 billion compared to Q3 2024, and adjusted EPS growing by 52% to $1.58. The company also raised its full-year 2025 outlook, projecting revenue of $12.2 billion and adjusted EPS of $5.90, driven by strengthening demand from its Connectivity & Cloud Solutions (CCS) customers.
<b>2. Robust 2026 Outlook and AI Infrastructure Boom:</b> Management provided a strong 2026 annual outlook, forecasting revenue of $16.0 billion and adjusted EPS of $8.20, representing significant growth of 31% and 39% respectively. This growth is largely attributed to strong demand from major customers making substantial investments in AI data center infrastructure, where Celestica is positioned as a critical enabler.
<b>3. Expansion in AI Networking and Compute Hardware:</b> Celestica's strategic positioning in next-generation data center hardware, including 800G to 1.6T networking, was highlighted as a key driver for its hyper-growth trajectory. The company introduced new families of 1.6TbE Data Center Switches designed to power AI/ML Clusters and launched the SD6300 platform aimed at delivering maximum storage density for enterprise and AI applications.
<b>4. Record Operating Margins and Strong Execution:</b> The company achieved record adjusted operating margins, reaching 7.6% in Q3 2025, an increase from 6.8% in Q3 2024. This performance demonstrated strong execution and operating leverage across its operations.
<b>5. Bullish Analyst Sentiment and Technical Indicators:</b> Analysts maintained or reiterated "Strong Buy" ratings for Celestica, emphasizing the company's transformation and continued growth potential. Technical analysis indicators around December 2025 generally signaled a bullish sentiment for Celestica stock, supported by positive moving average trends and buy signals.
Show moreStock Movement Drivers
Fundamental Drivers
The 24.5% change in CLS stock from 9/26/2025 to 12/26/2025 was primarily driven by a 24.9% change in the company's Net Income Margin (%).| 9262025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 243.79 | 303.56 | 24.52% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 10587.20 | 11281.70 | 6.56% |
| Net Income Margin (%) | 5.09% | 6.35% | 24.92% |
| P/E Multiple | 52.12 | 48.71 | -6.54% |
| Shares Outstanding (Mil) | 115.10 | 115.00 | 0.09% |
| Cumulative Contribution | 24.52% |
Market Drivers
9/26/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| CLS | 24.5% | |
| Market (SPY) | 4.3% | 63.0% |
| Sector (XLK) | 5.1% | 73.5% |
Fundamental Drivers
The 98.8% change in CLS stock from 6/27/2025 to 12/26/2025 was primarily driven by a 51.7% change in the company's Net Income Margin (%).| 6272025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 152.67 | 303.56 | 98.83% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 10085.70 | 11281.70 | 11.86% |
| Net Income Margin (%) | 4.19% | 6.35% | 51.69% |
| P/E Multiple | 41.89 | 48.71 | 16.28% |
| Shares Outstanding (Mil) | 115.90 | 115.00 | 0.78% |
| Cumulative Contribution | 98.82% |
Market Drivers
6/27/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| CLS | 98.8% | |
| Market (SPY) | 12.6% | 52.9% |
| Sector (XLK) | 17.0% | 65.3% |
Fundamental Drivers
The 209.0% change in CLS stock from 12/26/2024 to 12/26/2025 was primarily driven by a 62.9% change in the company's Net Income Margin (%).| 12262024 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 98.25 | 303.56 | 208.97% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 9240.80 | 11281.70 | 22.09% |
| Net Income Margin (%) | 3.90% | 6.35% | 62.93% |
| P/E Multiple | 32.23 | 48.71 | 51.12% |
| Shares Outstanding (Mil) | 118.20 | 115.00 | 2.71% |
| Cumulative Contribution | 208.74% |
Market Drivers
12/26/2024 to 12/26/2025| Return | Correlation | |
|---|---|---|
| CLS | 209.0% | |
| Market (SPY) | 15.8% | 56.2% |
| Sector (XLK) | 22.3% | 68.2% |
Fundamental Drivers
The 2700.4% change in CLS stock from 12/27/2022 to 12/26/2025 was primarily driven by a 392.8% change in the company's P/E Multiple.| 12272022 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 10.84 | 303.56 | 2700.37% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 6719.50 | 11281.70 | 67.89% |
| Net Income Margin (%) | 2.01% | 6.35% | 216.20% |
| P/E Multiple | 9.88 | 48.71 | 392.78% |
| Shares Outstanding (Mil) | 123.10 | 115.00 | 6.58% |
| Cumulative Contribution | 2688.24% |
Market Drivers
12/27/2023 to 12/26/2025| Return | Correlation | |
|---|---|---|
| CLS | 929.4% | |
| Market (SPY) | 48.0% | 56.3% |
| Sector (XLK) | 53.7% | 66.1% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CLS Return | -2% | 38% | 1% | 160% | 215% | 234% | 3631% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| CLS Win Rate | 58% | 67% | 50% | 67% | 75% | 58% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| CLS Max Drawdown | -66% | -12% | -26% | -6% | -6% | -28% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | CLS | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -35.6% | -25.4% |
| % Gain to Breakeven | 55.2% | 34.1% |
| Time to Breakeven | 109 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -69.0% | -33.9% |
| % Gain to Breakeven | 223.0% | 51.3% |
| Time to Breakeven | 327 days | 148 days |
| 2018 Correction | ||
| % Loss | -57.8% | -19.8% |
| % Gain to Breakeven | 136.9% | 24.7% |
| Time to Breakeven | 1,393 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -73.4% | -56.8% |
| % Gain to Breakeven | 276.1% | 131.3% |
| Time to Breakeven | 190 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Celestica's stock fell -35.6% during the 2022 Inflation Shock from a high on 2/1/2022. A -35.6% loss requires a 55.2% gain to breakeven.
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AI Analysis | Feedback
```htmlHere are 1-3 brief analogies to describe Celestica (CLS):
- Celestica is like Foxconn, but specializing in manufacturing electronics for industrial, enterprise, and medical companies instead of primarily consumer gadgets.
- Celestica is like Magna International, but for electronic components and systems across diverse industries like aerospace, healthcare, and capital equipment.
- Celestica is like TSMC, but for assembling complete electronic products and systems for various brands, rather than just manufacturing semiconductor chips.
AI Analysis | Feedback
- Design & Engineering Services: Provides product design, development, prototyping, and testing services for electronic products across various industries.
- Electronics Manufacturing Services (EMS): Offers comprehensive manufacturing solutions including printed circuit board assembly (PCBA), system assembly, integration, and final product testing.
- Supply Chain Management: Manages global supply chains for customers, encompassing strategic sourcing, procurement, logistics, and inventory management.
- Aftermarket Services: Delivers post-manufacturing support such as product repair, refurbishment, warranty management, and recycling solutions.
- Joint Design & Manufacturing (JDM): Collaborates with customers on product design and then manufactures those products, often taking a more significant role in the initial product definition and architecture.
AI Analysis | Feedback
Celestica (symbol: CLS) primarily sells its services and solutions to other companies (B2B) rather than directly to individuals. As an electronics manufacturing services (EMS) provider, Celestica partners with Original Equipment Manufacturers (OEMs) and other companies across various industries to design, manufacture, and provide supply chain solutions for their electronic products.
Celestica generally does not publicly disclose the specific names of its major customer companies due to confidentiality agreements and competitive reasons. Therefore, it is not possible to list individual customer names and their symbols. However, based on their reported market segments, their customer base consists of companies operating in the following key industries:
- Aerospace & Defense: Companies producing avionics, satellite systems, defense electronics, and related equipment.
- Communications: Providers of telecommunications infrastructure, networking equipment, and other communication technologies.
- Enterprise: Manufacturers of servers, storage systems, enterprise computing solutions, and networking hardware.
- HealthTech: Companies developing and manufacturing medical devices, diagnostic equipment, and other healthcare technology.
- Industrial: Businesses in industrial automation, capital equipment, smart energy, and other industrial applications.
While specific customer names are not disclosed, these categories represent the types of companies that utilize Celestica's expertise and manufacturing capabilities.
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```html null ```AI Analysis | Feedback
```htmlRob Mionis, President and Chief Executive Officer
Prior to joining Celestica, Rob Mionis was an Operating Partner/Senior Advisor in private equity at Pamplona Capital Management, supporting several companies across various industries including industrial, aerospace, healthcare, and automotive segments. Before his private equity experience, he served as the President and CEO of StandardAero, a large independent global aerospace maintenance, repair, and overhaul company, leading it through significant revenue and profitability growth. He also held senior leadership roles at Honeywell, including the head of the Integrated Supply Chain Organization for Honeywell Aerospace, and earlier in his career, he held operational and service roles at General Electric (GE), AlliedSignal, and Axcelis Technologies.
Mandeep Chawla, Chief Financial Officer
Mandeep Chawla began his career at General Electric and joined Celestica in 2010, holding progressively senior roles before becoming CFO in 2017. Prior to Celestica, he held senior financial management positions at MDS Inc. and Tyco International. He also served as a Director of Sleep Country Canada Holdings Inc.
Yann Etienvre, Chief Operations Officer
As Celestica's Chief Operations Officer, Yann Etienvre is responsible for driving operational excellence, quality, and technology innovation. He joined Celestica from Sensata Technologies, where he served as the Executive Vice President and Chief Supply Chain Officer, leading global operations, sourcing, logistics, and compliance. He has held various leadership roles at Sensata Technologies, IMI plc, GE Healthcare, Montupet, and Renault, with experience across automotive, healthcare, electrification, oil and gas, energy, and appliances market segments.
Todd Cooper, President, Advanced Technology Solutions
Todd Cooper is responsible for the strategy and execution of Celestica's aerospace and defense, capital equipment, healthtech, industrial, and smart energy businesses. Before joining Celestica, Todd led Supply Chain, Procurement, Logistics, and Sustainability value creation efforts at KKR, a leading global investment firm, where he championed operational transformation efforts across KKR's global portfolio companies. Prior to KKR, he was the Vice President of Global Sourcing in Honeywell's Aerospace Division. He also held various management roles at Storage Technology Corporation, McKinsey & Company, and served as a Captain in the U.S. Army.
Jason Phillips, President, Connectivity and Cloud Solutions
Jason Phillips is responsible for strategy development, deployment, and execution for Celestica's enterprise and communications portfolio, overseeing all aspects of the Connectivity & Cloud Solutions business and operations. In his previous role at Celestica, he served as Senior Vice President, Enterprise and Cloud Solutions.
```AI Analysis | Feedback
The key risks to Celestica Inc. (CLS) are:
- Customer Concentration: Celestica is highly dependent on a limited number of customers, particularly in its Connectivity & Cloud Solutions (CCS) segment. For instance, the top 10 customers represented 73% of total revenue in 2024, and in the second quarter of 2025, two customers alone accounted for 44% of sales. This significant reliance means that any reduction in orders or a shift by these key customers to in-house solutions could have a material adverse effect on Celestica's operating results, financial position, and cash flows.
- Supply Chain Disruptions and Constraints: The company relies heavily on third-party suppliers for raw materials and components. Disruptions in the global supply chain, which can stem from geopolitical events, conflicts, or shortages (such as silicon), pose a significant risk. These disruptions can negatively impact Celestica's operations, lead to increased costs, and hinder its ability to meet customer demand and maintain its reputation.
- Intense Competition and Margin Pressures: Celestica operates in a highly competitive Electronics Manufacturing Services (EMS) industry, facing rivals such as Foxconn, Flex, Jabil, and Sanmina. This competitive landscape exerts continuous pressure on pricing, profit margins, and the need for ongoing technological innovation. While Celestica's margins have been improving, they remain in the single digits on a GAAP basis, necessitating flawless execution to sustain profitability and compete effectively.
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The accelerating trend among original equipment manufacturers (OEMs) towards establishing more regionalized and highly automated manufacturing facilities, either in-house or through partnerships with specialized, technology-first regional providers. This shift is driven by a desire for enhanced supply chain resilience, proximity to end markets, and the increasing viability of automation over low-cost labor. Such a paradigm shift could reduce the demand for large-scale, globally distributed electronics manufacturing services (EMS) companies like Celestica, as OEMs may choose to bypass traditional global EMS providers for certain product lines or regions, opting instead for agile, automated, and localized production.
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Celestica operates in two main segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The addressable markets for some of their key offerings are as follows:
Connectivity & Cloud Solutions (CCS)
- Cloud Services Market: The global cloud services market was valued at approximately USD 618.04 billion in 2024 and is projected to reach around USD 2,726.94 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 16.00% from 2025 to 2034. In North America, the market was approximately USD 259.58 billion in 2024 and is expanding at a CAGR of 16.14% during the forecast period. The U.S. cloud services market alone was approximately USD 181.70 billion in 2024 and is projected to be around USD 817.06 billion by 2034, with a CAGR of 16.22% from 2025 to 2034.
- Public Cloud Market (Hyperscaler IaaS and PaaS): The global public cloud market reached USD 157 billion in 2021 and is projected to reach USD 2 trillion in the foreseeable future (10-20 years).
- AI Infrastructure Market: The global AI infrastructure market alone could reach nearly USD 500 billion by 2034.
- Cloud Connectivity Market: The global cloud connectivity market size was valued at USD 18.7 billion in 2024 and is forecasted to reach USD 62.4 billion by 2033, growing at a CAGR of 14.2% during the forecast period. North America holds the largest market share in the global cloud connectivity market, accounting for approximately 38% of total revenue in 2024.
- Cloud Managed Networking Market: The global cloud managed networking market size was valued at USD 22.8 billion in 2023 and is poised to grow from USD 25.26 billion in 2024 to USD 57.38 billion by 2032, growing at a CAGR of 10.8%.
- Multi Cloud Networking Market: The global multi-cloud networking market size was valued at USD 3.11 billion in 2024 and is anticipated to reach USD 16.83 billion by 2032, at a CAGR of 23.5% during the forecast period. North America leads this market with the largest share.
Advanced Technology Solutions (ATS)
- HealthTech Market: The global HealthTech market size was valued at USD 908.5 billion in 2023 and is projected to reach USD 3,140.9 billion by 2033, growing at a CAGR of 13.1% from 2024 to 2033. Another estimate indicates the global HealthTech market size is expected to reach USD 2,556.39 billion by 2032, rising at a market growth of 12.6% CAGR. North America held the largest market share in 2023 and recorded 39% of the revenue share in 2024 for the HealthTech market.
- For the remaining sub-segments within Celestica's Advanced Technology Solutions (which include Aerospace & Defense, Industrial, Energy, and Capital Equipment businesses), specific addressable market sizes for their manufacturing and supply chain services are not readily available in the provided search results.
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Here are the expected drivers of future revenue growth for Celestica (CLS) over the next 2-3 years:- Surging Demand for AI Data Center Hardware and Networking Solutions: Celestica anticipates robust growth from the expanding artificial intelligence (AI) infrastructure market. This includes strong demand for AI data center technologies, particularly within its Connectivity & Cloud Solutions (CCS) segment, which is benefiting from significant customer forecasts and new AI program awards.
- Leadership in Advanced Networking Technologies: The company is strategically positioned to capitalize on its leadership in the 800G networking transition and early successes with 1.6T networking technology. These advancements are expected to contribute significantly to future revenue as hyperscale data centers upgrade their infrastructure.
- Increased Demand from Hyperscaler Customers: Celestica's CCS segment continues to experience very strong demand from its hyperscaler customers, which are large cloud service providers. These customers are engaged in substantial capital expenditure cycles to expand their data centers, driving demand for Celestica's networking switches and other hardware platform solutions.
- Expansion to New "Digital Native" Customers: Celestica expects to enhance its top-line growth through the acquisition of new "digital native" customers, which analysts suggest could add 20-30% to the company's revenue.
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Share Repurchases
- Celestica secured approval for a new normal course issuer bid (NCIB) to repurchase up to 5,722,527 common shares (approximately 5% of its public float as of October 20, 2025), running from November 3, 2025, to November 2, 2026.
- Under a prior program, Celestica repurchased 1,522,831 shares at an average price of US$92.26 per share as of October 20, 2025.
- In Q1 2025, Celestica executed a $75.0 million share repurchase program, acquiring 0.6 million common shares, and in Q2 2025, it repurchased an additional $40.0 million (0.6 million shares), bringing the year-to-date total to $115 million. In 2024, Celestica repurchased 3.2 million common shares for $152.0 million.
Outbound Investments
- In September 2021, Celestica acquired PCI Limited for $306 million in cash, aiming to expand capabilities in key markets and strengthen geographic positioning.
- In April 2024, the company completed the acquisition of NCS for $39.6 million.
Capital Expenditures
- Capital expenditures in Q1 2024 were $40.4 million, primarily focused on enhancing manufacturing capabilities and supporting new customer programs, with approximately two-thirds related to the Connectivity & Cloud Solutions (CCS) segment.
- In Q2 2025, capital expenditures were $33 million, representing 1.1% of revenue.
- Celestica expects to make capital expenditure investments in 2025 to support customer demand in key geographies and accommodate increased volume, particularly for AI data center platforms. Anticipated capital expenditures for 2025 are between 1.5% and 2.0% of the projected $10.85 billion revenue.
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| 11212025 | CRM | Salesforce | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 17.0% | 17.0% | -0.1% |
| 11212025 | HUBS | HubSpot | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 11.9% | 11.9% | 0.0% |
| 11212025 | FIVN | Five9 | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 4.1% | 4.1% | 0.0% |
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Peer Comparisons for Celestica
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 175.78 |
| Mkt Cap | 159.9 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.4% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 13.1% |
| Op Mgn 3Y Avg | 11.9% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 14.6% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 11.6% |
| FCF/Rev 3Y Avg | 12.1% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Connectivity & Cloud Solutions (CCS) | 4,641 | 4,271 | 3,320 | 3,662 | 3,603 |
| Advanced Technology Solutions (ATS) | 3,320 | 2,979 | 2,315 | 2,086 | 2,286 |
| Total | 7,961 | 7,250 | 5,635 | 5,748 | 5,888 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Connectivity & Cloud Solutions (CCS) | 287 | 217 | 129 | 129 | 94 |
| Advanced Technology Solutions (ATS) | 155 | 141 | 105 | 70 | 64 |
| Foreign currency forward contracts transitional adjustments | 1 | ||||
| Total Return Swap (TRS) Fair Value Adjustments (FVA):losses(gains) | 0 | 0 | |||
| Restructuring and other charges, net of recoveries | -12 | ||||
| Amortization of intangible assets (excluding computer software) | -37 | -37 | -22 | -22 | -25 |
| Employee Stock-Based Compensation (SBC) expense | -56 | -51 | -33 | -26 | -34 |
| Other charges, net of recoveries | -7 | -10 | -24 | 50 | |
| Total | 338 | 263 | 168 | 128 | 149 |
Price Behavior
| Market Price | $303.56 | |
| Market Cap ($ Bil) | 34.9 | |
| First Trading Date | 06/30/1998 | |
| Distance from 52W High | -13.9% | |
| 50 Days | 200 Days | |
| DMA Price | $312.86 | $193.70 |
| DMA Trend | up | up |
| Distance from DMA | -3.0% | 56.7% |
| 3M | 1YR | |
| Volatility | 80.4% | 79.4% |
| Downside Capture | 414.43 | 227.40 |
| Upside Capture | 443.53 | 309.83 |
| Correlation (SPY) | 62.8% | 56.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 5.05 | 3.73 | 3.34 | 2.95 | 2.21 | 2.06 |
| Up Beta | 6.90 | 4.18 | 4.08 | 3.68 | 1.83 | 1.92 |
| Down Beta | 10.89 | 3.36 | 3.44 | 3.30 | 2.48 | 2.20 |
| Up Capture | 395% | 630% | 607% | 654% | 1153% | 8267% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 10 | 25 | 40 | 77 | 145 | 427 |
| Down Capture | 352% | 273% | 202% | 143% | 139% | 109% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 9 | 16 | 22 | 47 | 102 | 318 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of CLS With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| CLS | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 218.0% | 25.0% | 17.8% | 72.1% | 8.6% | 4.4% | -8.3% |
| Annualized Volatility | 78.9% | 27.5% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 1.82 | 0.79 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 68.1% | 56.1% | 10.2% | 29.5% | 18.9% | 27.2% | |
ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of CLS With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| CLS | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 105.9% | 18.8% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 53.8% | 24.7% | 17.1% | 15.5% | 18.7% | 18.9% | 48.7% |
| Sharpe Ratio | 1.55 | 0.69 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 57.9% | 53.8% | 11.0% | 20.3% | 28.6% | 22.9% | |
ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 10-Year Data
| Comparison of CLS With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| CLS | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 39.8% | 22.5% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 48.0% | 24.2% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.89 | 0.85 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 51.3% | 51.4% | 8.3% | 23.6% | 35.3% | 17.8% | |
ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/27/2025 | 8.2% | 15.6% | 8.6% |
| 7/28/2025 | 16.5% | 16.2% | 14.6% |
| 4/24/2025 | -3.4% | -3.2% | 29.7% |
| 1/29/2025 | 13.6% | 43.0% | 6.5% |
| SUMMARY STATS | |||
| # Positive | 3 | 3 | 4 |
| # Negative | 1 | 1 | 0 |
| Median Positive | 13.6% | 16.2% | 11.6% |
| Median Negative | -3.4% | -3.2% | |
| Max Positive | 16.5% | 43.0% | 29.7% |
| Max Negative | -3.4% | -3.2% | |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 10272025 | 10-Q 9/30/2025 |
| 6302025 | 7282025 | 10-Q 6/30/2025 |
| 3312025 | 4242025 | 10-Q 3/31/2025 |
| 12312024 | 3032025 | 10-K 12/31/2024 |
| 9302024 | 10232024 | 6-K 9/30/2024 |
| 6302024 | 7252024 | 6-K 6/30/2024 |
| 3312024 | 4252024 | 6-K 3/31/2024 |
| 12312023 | 3112024 | 20-F 12/31/2023 |
| 9302023 | 10262023 | 6-K 9/30/2023 |
| 6302023 | 7272023 | 6-K 6/30/2023 |
| 3312023 | 4272023 | 6-K 3/31/2023 |
| 12312022 | 3132023 | 20-F 12/31/2022 |
| 9302022 | 10252022 | 6-K 9/30/2022 |
| 6302022 | 7262022 | 6-K 6/30/2022 |
| 3312022 | 4282022 | 6-K 3/31/2022 |
| 12312021 | 3142022 | 20-F 12/31/2021 |
Insider Activity
Expand for More| Owner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | KOELLNER LAURETTE T | 10302025 | Buy | 339.68 | 700 | 237,776 | 237,776 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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