Everforth (EFOR)


Market Price (9/9/2026): $30.91 | Market Cap: $1.3 BilSector: Information Technology | Industry: IT Consulting & Other Services

Everforth (EFOR)


Market Price (9/9/2026): $30.91
Market Cap: $1.3 Bil
Sector: Information Technology
Industry: IT Consulting & Other Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.5%, FCF Yield is 17%

Weak multi-year price returns
3Y Excs Rtn is -7.2%

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 10%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 101%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.8%, Rev Chg QQuarterly Revenue Change % is -1.3%

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.5%, FCF Yield is 17%
1 Weak multi-year price returns
3Y Excs Rtn is -7.2%
2 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 10%
3 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 101%
4 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.8%, Rev Chg QQuarterly Revenue Change % is -1.3%

EFOR in ETFs

Weight = EFOR's share of each fund

VTI0.00%
ITOT0.00%
IWM0.04%
IJR0.07%
VB0.01%
SLYV0.14%
IJS0.13%
VIOV0.13%
+11 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/3/2026

Everforth (EFOR) stock has gained about 35% since 5/31/2026 because of the following key factors:

1. Everforth exceeded its fiscal Q2 2026 financial expectations and provided an optimistic outlook for fiscal Q3 2026.

For its fiscal second quarter, which ended June 30, 2026, Everforth reported revenues of $1.01 billion, surpassing analyst estimates of $990.8 million by 1.6%. Adjusted earnings per share reached $0.91, beating consensus estimates of $0.82 by 11.4%. Following these results, Everforth issued an optimistic forecast for fiscal Q3 2026, projecting revenue at a midpoint of $1.01 billion and adjusted EPS guidance at $1.01, both exceeding analyst expectations. This strong financial performance and positive forward guidance led to a 16.3% surge in the stock on July 30, 2026.

2. The company secured significant federal government contracts in key growth areas.

Everforth's subsidiary, Everforth ECS, won a $115 million AI Research and Engineering Contract supporting the US Army Nautilus Program, announced on July 28, 2026. Additionally, Everforth ECS secured a four-year, $30 million prime contract with the Defense Health Agency for IT modernization and analytics, which was reported on August 4, 2026. These contract wins underscore strong demand for Everforth's advanced technology solutions within critical government sectors and contributed to its high-margin defense backlog.

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Updated on 9/3/2026

Everforth (EFOR) stock has gained about 35% since 5/31/2026 because of the following key factors:

1. Everforth exceeded its fiscal Q2 2026 financial expectations and provided an optimistic outlook for fiscal Q3 2026.

For its fiscal second quarter, which ended June 30, 2026, Everforth reported revenues of $1.01 billion, surpassing analyst estimates of $990.8 million by 1.6%. Adjusted earnings per share reached $0.91, beating consensus estimates of $0.82 by 11.4%. Following these results, Everforth issued an optimistic forecast for fiscal Q3 2026, projecting revenue at a midpoint of $1.01 billion and adjusted EPS guidance at $1.01, both exceeding analyst expectations. This strong financial performance and positive forward guidance led to a 16.3% surge in the stock on July 30, 2026.

2. The company secured significant federal government contracts in key growth areas.

Everforth's subsidiary, Everforth ECS, won a $115 million AI Research and Engineering Contract supporting the US Army Nautilus Program, announced on July 28, 2026. Additionally, Everforth ECS secured a four-year, $30 million prime contract with the Defense Health Agency for IT modernization and analytics, which was reported on August 4, 2026. These contract wins underscore strong demand for Everforth's advanced technology solutions within critical government sectors and contributed to its high-margin defense backlog.

3. Analysts upgraded the stock and raised price targets following the positive developments.

Truist Securities upgraded Everforth's stock to 'Buy' from 'Hold' and increased its price target to $36 from $33 around July 22, 2026. This upgrade was driven by expectations for growth in the company's commercial consulting services during the second and third quarters, with Truist also raising its Q2 revenue and EPS estimates.

4. Everforth enhanced its financial flexibility by refinancing its credit facility.

In July 2026, Everforth completed the refinancing and upsizing of its revolving credit facility to $600 million, extending its maturity to 2031 from 2028. This move provides the company with added financial flexibility to fund higher-margin consulting growth and manage potential market volatility.

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Stock Movement Drivers

Fundamental Drivers

The 36.3% change in EFOR stock from 5/31/2026 to 9/8/2026 was primarily driven by a 60.0% change in the company's P/E Multiple.
(LTM values as of)53120269082026Change
Stock Price ($)22.6830.9236.3%
Change Contribution By: 
Total Revenues ($ Mil)3,9803,967-0.3%
Net Income Margin (%)2.5%2.1%-15.1%
P/E Multiple9.515.360.0%
Shares Outstanding (Mil)41410.7%
Cumulative Contribution36.3%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2026 to 9/8/2026
ReturnCorrelation
EFOR36.3% 
Market (SPY)1.3%15.6%
Sector (XLK)-1.6%-1.2%

Fundamental Drivers

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Market Drivers

2/28/2026 to 9/8/2026
ReturnCorrelation
EFOR  
Market (SPY)12.0%8.5%
Sector (XLK)35.6%-2.2%

Fundamental Drivers

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Market Drivers

8/31/2025 to 9/8/2026
ReturnCorrelation
EFOR  
Market (SPY)19.8%8.5%
Sector (XLK)43.7%-2.2%

Fundamental Drivers

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Market Drivers

8/31/2023 to 9/8/2026
ReturnCorrelation
EFOR  
Market (SPY)76.1%8.5%
Sector (XLK)117.9%-2.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
EFOR Return-----72%72%
Peers Return26%-13%15%2%-1%-19%4%
S&P 500 Return27%-19%24%23%16%13%105%

Monthly Win Rates [3]
EFOR Win Rate-----83% 
Peers Win Rate60%48%57%55%52%42% 
S&P 500 Win Rate75%42%67%75%67%56% 

Max Drawdowns [4]
EFOR Max Drawdown------ 
Peers Max Drawdown-19%-38%-25%-30%-33%-51% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: ACN, CTSH, EPAM, LDOS, SAIC.
[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] 2026 data is for the year up to 9/8/2026 (YTD)

How Low Can It Go

EFOR has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

EventXLKS&P 500
2025 US Tariff Shock
  % Loss-25.7%-18.8%
  % Gain to Breakeven34.5%23.1%
  Time to Breakeven65 days79 days
2024 Yen Carry Trade Unwind
  % Loss-17.0%-7.8%
  % Gain to Breakeven20.4%8.5%
  Time to Breakeven92 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-10.0%-9.5%
  % Gain to Breakeven11.2%10.5%
  Time to Breakeven15 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.1%-24.5%
  % Gain to Breakeven49.5%32.4%
  Time to Breakeven246 days427 days
2020 COVID-19 Crash
  % Loss-31.2%-33.7%
  % Gain to Breakeven45.2%50.9%
  Time to Breakeven78 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.8%-19.2%
  % Gain to Breakeven31.2%23.8%
  Time to Breakeven100 days105 days

Compare to ACN, CTSH, EPAM, LDOS, SAIC

In The Past

State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EFOR has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

EventXLKS&P 500
2025 US Tariff Shock
  % Loss-25.7%-18.8%
  % Gain to Breakeven34.5%23.1%
  Time to Breakeven65 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.1%-24.5%
  % Gain to Breakeven49.5%32.4%
  Time to Breakeven246 days427 days
2020 COVID-19 Crash
  % Loss-31.2%-33.7%
  % Gain to Breakeven45.2%50.9%
  Time to Breakeven78 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.8%-19.2%
  % Gain to Breakeven31.2%23.8%
  Time to Breakeven100 days105 days
2008-2009 Global Financial Crisis
  % Loss-51.5%-53.4%
  % Gain to Breakeven106.2%114.4%
  Time to Breakeven797 days1085 days

Compare to ACN, CTSH, EPAM, LDOS, SAIC

In The Past

State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Everforth (EFOR)

ASGN Incorporated provides information technology services and professional solutions in the technology, digital, and creative fields for commercial and government sectors in the United States. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to Fortune 1000 and mid-market clients. This segment also offers workforce mobilization, modern enterprise, and digital innovation IT consulting services; and cloud, data and analytics, and digital transformation solutions. The Federal Government Segment provides mission-critical solutions to the department of defense, intelligence agencies, and civilian agencies. This segment offers cloud, cybersecurity, artificial intelligence, machine learning, application and IT modernization, and science and engineering solutions. The company was formerly known as On Assignment, Inc. and changed its name to ASGN Incorporated in April 2018. ASGN Incorporated was incorporated in 1985 and is based in Glen Allen, Virginia.

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Ted Hanson, Chief Executive Officer

Ted Hanson has served as the Chief Executive Officer of Everforth, Inc. (formerly ASGN Incorporated) since May 2019, holding a tenure of nearly seven years. He recently acquired $1.0 million in Everforth shares on April 24, 2026, at an average price of $19.24, a notable transaction under the new EFOR ticker.

Marie Perry, Executive Vice President & Chief Financial Officer

Marie Perry serves as the Executive Vice President and Chief Financial Officer for Everforth. She recently purchased 5,350 shares of Everforth common stock at $18.695 per share, bringing her direct holdings to 58,328 shares.

Sadasivam Iyer, President

Sadasivam Iyer is the President of Everforth. He recently bought 1,725 shares of the company, valued at $33,277.

Randolph Blazer, Executive Vice Chairman

Randolph Blazer holds the position of Executive Vice Chairman at Everforth.

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The company Everforth (EFOR) was formerly known as ASGN Incorporated and rebranded on April 24, 2026. Therefore, the background information provided for ASGN Incorporated directly applies to Everforth. Everforth operates through two segments: Commercial and Federal Government. **Commercial Segment Products and Services:** * **IT Consulting Services:** The global IT consulting market size is projected to reach $209.99 billion in 2030, growing at a compound annual growth rate (CAGR) of 13.4%. The IT Consulting market in the US was valued at $790.4 billion in 2025 and is projected to reach $821.2 billion in 2026. * **Digital Transformation Solutions:** The global digital transformation market size was estimated at USD 1,302.95 billion in 2025 and is projected to reach USD 5,493.15 billion by 2033, growing at a CAGR of 19.4% from 2026 to 2033. North America held a 42.7% revenue share of the global digital transformation market in 2025. The U.S. digital transformation market was approximately USD 345 billion in 2024 and is projected to reach USD 1,285 billion by 2030, at a CAGR of approximately 25.4%. * **Cloud Solutions:** The global cloud services market size was valued at USD 618.04 billion in 2024 and is expected to exceed USD 2,726.94 billion by 2034, growing at a CAGR of 16.00% from 2025 to 2034. North America is expected to have the largest market share in the global cloud services market, with approximately 38.9% in 2024. The U.S. cloud computing market was valued at USD 296.91 billion in 2024 and is expected to reach USD 3,501.32 billion by 2032, growing at a CAGR of 36.25% from 2025–2032. * **Data & Analytics Solutions:** The global data analytics market size was valued at USD 82.23 billion in 2025 and is projected to reach USD 495.87 billion by 2034, exhibiting a CAGR of 21.50%. North America accounted for the largest market share in 2022. The United States data analytics market size was valued at USD 29.7 billion in 2025 and is estimated to reach USD 232.9 billion by 2034, exhibiting a CAGR of 25.70% from 2026-2034. * **Creative Digital Marketing:** (This is a component of digital transformation and IT consulting, market sizes for general digital transformation and IT consulting are provided above). * **Permanent Placement Services (IT Staffing):** The U.S. IT staffing market was valued at USD 37.89 billion in 2023 and is projected to reach USD 52.21 billion by 2029, growing at a CAGR of 5.49%. The global IT staffing market is valued at USD 117.4 billion. Another source indicates the global IT staffing market size was valued at USD 85.78 billion in 2025, expected to reach USD 154.699 billion by 2035, with a CAGR of 6.77%. North America commanded 44.05% of revenue in 2025 for the IT staffing market. **Federal Government Segment Products and Services:** * **Cloud Solutions:** (Market sizes for cloud solutions are provided above, a significant portion of which includes government adoption). * **Cybersecurity Solutions:** The global cybersecurity market size was valued at $208.1 billion in 2023 and will reach $396.8 billion by 2029, with a CAGR of 11.6% during 2024-2029. North America held a 37.9% revenue share of the global cybersecurity market in 2025. The global cybersecurity market size was valued at USD 218.98 billion in 2025 and is projected to grow to USD 699.39 billion by 2034, exhibiting a CAGR of 13.8%. North America dominated the cybersecurity market with a market share of 43.0% in 2025, contributing approximately USD 94.21 billion to the global market. * **Artificial Intelligence (AI) and Machine Learning (ML) Solutions:** The Global AI in Machine Learning Market size is expected to be worth around USD 185.4 billion by 2033, from USD 9.5 billion in 2023, growing at a CAGR of 34.6% during the forecast period from 2024 to 2033. The global machine learning market size was valued at USD 55.80 billion in 2024 and is anticipated to reach USD 282.13 billion by 2030, growing at a CAGR of 30.4%. North America dominated the market with a 29.0% share in 2024. * **Application and IT Modernization:** (This falls under broader IT consulting and digital transformation, for which market sizes are provided above). * **Science and Engineering Solutions:** (This is a broad category, and specific market sizes for "science and engineering solutions" as a standalone addressable market are not readily available in the search results. However, components like AI/ML, cloud, and data analytics would contribute to this). * **US Federal IT Spending:** Civilian IT outlays are projected to allocate USD 74 billion for modernization in 2025, with USD 12.7 billion ring-fenced for cybersecurity.

Everforth (formerly ASGN Incorporated) operates in various substantial addressable markets for its information technology services and professional solutions. The market sizes for its main products and services are as follows:

  • IT Consulting Services: The U.S. IT consulting market was valued at $790.4 billion in 2025 and is projected to reach $821.2 billion in 2026. Globally, the IT consulting market is expected to reach $209.99 billion by 2030.
  • Digital Transformation Solutions: The global digital transformation market was estimated at USD 1,302.95 billion in 2025 and is projected to reach USD 5,493.15 billion by 2033, with North America holding a 42.7% share in 2025. The U.S. digital transformation market was approximately USD 345 billion in 2024 and is projected to reach USD 1,285 billion by 2030.
  • Cloud Solutions: The global cloud services market size was valued at USD 618.04 billion in 2024 and is expected to exceed USD 2,726.94 billion by 2034. North America is projected to have the largest share of the global cloud services market, with approximately 38.9% in 2024. The U.S. cloud computing market was valued at USD 296.91 billion in 2024 and is expected to reach USD 3,501.32 billion by 2032.
  • Data & Analytics Solutions: The global data analytics market was valued at USD 82.23 billion in 2025 and is projected to reach USD 495.87 billion by 2034. The U.S. data analytics market was valued at USD 29.7 billion in 2025 and is estimated to reach USD 232.9 billion by 2034.
  • Cybersecurity Solutions: The global cybersecurity market was valued at $208.1 billion in 2023 and is projected to reach $396.8 billion by 2029. North America held a 37.9% revenue share of the global cybersecurity market in 2025, with the North American market contributing approximately USD 94.21 billion to the global market.
  • Artificial Intelligence (AI) and Machine Learning (ML) Solutions: The Global AI in Machine Learning Market is expected to be worth around USD 185.4 billion by 2033, from USD 9.5 billion in 2023. The global machine learning market was valued at USD 55.80 billion in 2024 and is anticipated to reach USD 282.13 billion by 2030, with North America dominating with a 29.0% share in 2024.
  • IT Staffing Services: The U.S. IT staffing market was valued at USD 37.89 billion in 2023 and is projected to reach USD 52.21 billion by 2029. The global IT staffing market is valued at USD 117.4 billion.
  • U.S. Federal Government IT Spending: Civilian IT outlays are projected to allocate USD 74 billion for modernization in 2025, with USD 12.7 billion specifically for cybersecurity.

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Everforth (symbol: EFOR), formerly known as ASGN Incorporated, is expected to drive future revenue growth over the next 2-3 years through several strategic initiatives and market trends:

  1. Expansion of AI and Data Solutions: The company is strategically focused on expanding its offerings in artificial intelligence and data solutions, which are identified as key growth drivers for both its commercial and federal government segments. This focus is anticipated to meet evolving client demands for digital transformation and advanced analytics.
  2. Growth within Key Commercial Sectors: Everforth's Commercial Segment, which is its primary revenue generator, is seeing growth in specific sectors such as Healthcare, Consumer and Industrial, and Technology, Media, and Telecommunications (TMT). The company aims to leverage its broad range of solutions to increase cross-selling to its Fortune 1000 and mid-market clients.
  3. Leveraging Federal Government Contracts and Backlog: The Federal Government Segment continues to be a stable and dependable revenue source, providing mission-critical solutions to defense, intelligence, and civilian agencies. This segment benefits from new contract awards and maintains a substantial backlog, providing a predictable revenue stream.
  4. Strategic Acquisitions and Offshore Capabilities Expansion: Acquisitions play a crucial role in Everforth's growth strategy. The recent acquisition of Quinnox is expected to enhance the company's offshore capabilities, while the acquisition of Topbloc aimed to strengthen its Workday consulting expertise. These strategic integrations are designed to expand service offerings and market reach.
  5. Rebranding to Everforth and Enhanced Cross-Selling: The rebranding from ASGN Incorporated to Everforth, Inc. is a strategic move designed to unify the company's various brands, unlock its enterprise scale, and facilitate increased cross-selling of its comprehensive solutions across its client base. This rebranding is intended to support sustained revenue growth and margin expansion by presenting a more cohesive and broader offering to clients.

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Share Repurchases

  • In Q1 2026, Everforth repurchased 0.8 million shares for $39.0 million, with approximately $934 million remaining under its current share buyback plan.
  • For the full year 2025, the company repurchased 3.1 million shares for $170.1 million.
  • In November 2025, Everforth's Board of Directors authorized a new $1 billion share repurchase program.

Share Issuance

  • As part of the Quinnox acquisition in March 2026, Everforth granted restricted stock unit awards to 21 employees, totaling 157,369 shares for 16 employees and 75,772 performance-based restricted stock units for 5 employees.

Outbound Investments

  • In January 2026, Everforth acquired Quinnox Inc., a digital solutions provider, for $290 million in cash, completed in March 2026. This acquisition aims to enhance digital engineering and offshore delivery capabilities.
  • In February 2025, the company acquired TopBloc for $340 million to strengthen its tech-enabled Workday consultancy services.
  • Other acquisitions include GlideFast Consulting for $350 million in June 2022, and Iron Vine Security in October 2022 (undisclosed amount).

Capital Expenditures

  • Capital expenditures were $9.4 million in Q1 2026.
  • For the full year 2025, capital expenditures amounted to $25 million.
  • Capital expenditures for the full year 2024 were $27 million.

Better Bets vs. Everforth (EFOR)

Peer Outperformance in IT Consulting & Other Services

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Share of IT Consulting & Other Services constituents that EFOR has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
insufficient peer history
3Y
insufficient peer history
5Y
insufficient peer history
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Median price return by industry across the Information Technology sector, ranked by 5Y. IT Consulting & Other Services is EFOR's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Electronic Manufacturing Services 9 61.1%192.7%295.5% TTMI 850% · FLEX 760% · SANM 426%
Semiconductor Materials & Equipment 27 130.8%82.2%102.6% AEHR 749% · AXTI 659% · KLAC 470%
Technology Distributors 9 29.8%72.1%88.5% CLMB 337% · AVT 169% · SNX 125%
Communications Equipment 36 20.9%81.9%74.9% AAOI 1345% · LITE 1003% · ANET 771%
Electronic Components 26 47.9%61.2%64.2% CLS 3641% · BELFA 1330% · LPTH 398%
Semiconductors 55 27.0%28.2%25.4% POET 1940% · MU 1308% · NVDA 921%
Technology Hardware, Storage & Peripherals 21 32.7%79.9%20.0% DELL 1111% · STX 1102% · SMCI 1004%
Internet Services & Infrastructure 6 17.4%31.8%11.6% DOCN 83% · VRSN 29% · GDDY 23%
Electronic Equipment & Instruments 27 -10.4%9.0%-8.7% PI 217% · OSIS 111% · NSSC 104%
IT Consulting & Other Services ← 28 -27.0%-13.3%-30.0% CHRN 554111% · APLD 1316% · TSSI 687%
Application Software 123 -28.2%-15.0%-45.9% VIDA 221718% · INLX 4885% · PLTR 552%
Systems Software 68 -13.1%0.7%-58.5% QNC 514% · ZETA 355% · PAYS 338%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

EFORACNCTSHEPAMLDOSSAICMedian
NameEverforthAccentureCognizan.EPAM Sys.Leidos Science . 
Mkt Price30.92179.0359.92115.31129.24127.55121.43
Mkt Cap1.3109.627.96.016.35.411.2
Rev LTM3,96773,10121,6425,61717,6347,40212,518
Op Inc LTM19311,5153,5205632,0805921,336
FCF LTM22112,5822,5984832,1636191,391
FCF 3Y Avg31810,4982,1644801,6454781,063
CFO LTM25713,1822,9175392,3006601,480
CFO 3Y Avg35411,0942,4685211,8005131,160

Growth & Margins

EFORACNCTSHEPAMLDOSSAICMedian
NameEverforthAccentureCognizan.EPAM Sys.Leidos Science . 
Rev Chg LTM-1.0%6.7%5.6%10.8%3.4%-0.8%4.5%
Rev Chg 3Y Avg-4.8%4.8%3.8%5.3%5.9%-1.2%4.3%
Rev Chg Q-1.3%5.6%4.5%4.5%7.2%6.3%5.1%
QoQ Delta Rev Chg LTM-0.3%1.4%1.1%1.1%1.8%1.5%1.2%
Op Inc Chg LTM-25.6%8.3%10.7%4.4%2.9%6.1%5.3%
Op Inc Chg 3Y Avg-20.1%5.7%7.0%-2.0%21.9%4.0%4.9%
Op Mgn LTM4.9%15.8%16.3%10.0%11.8%8.0%10.9%
Op Mgn 3Y Avg6.4%15.6%15.7%10.4%11.2%7.4%10.8%
QoQ Delta Op Mgn LTM-0.4%0.1%0.5%0.4%-0.4%0.1%0.1%
CFO/Rev LTM6.5%18.0%13.5%9.6%13.0%8.9%11.3%
CFO/Rev 3Y Avg8.6%16.1%12.0%10.3%10.6%6.9%10.5%
FCF/Rev LTM5.6%17.2%12.0%8.6%12.3%8.4%10.3%
FCF/Rev 3Y Avg7.8%15.2%10.5%9.5%9.7%6.5%9.6%

Valuation

EFORACNCTSHEPAMLDOSSAICMedian
NameEverforthAccentureCognizan.EPAM Sys.Leidos Science . 
Mkt Cap1.3109.627.96.016.35.411.2
P/S0.31.51.31.10.90.71.0
P/Op Inc6.69.57.910.77.89.18.5
P/EBIT6.610.07.910.98.19.28.6
P/E15.314.112.615.011.814.214.2
P/CFO4.98.39.611.27.18.28.3
Total Yield6.5%10.7%10.2%6.7%9.8%8.3%9.0%
Dividend Yield0.0%3.6%2.2%0.0%1.3%1.2%1.3%
FCF Yield 3Y Avg-8.9%8.4%6.9%10.2%9.3%8.9%
D/E1.10.10.10.00.40.50.2
Net D/E1.0-0.00.0-0.10.40.50.2

Returns

EFORACNCTSHEPAMLDOSSAICMedian
NameEverforthAccentureCognizan.EPAM Sys.Leidos Science . 
1M Rtn-4.0%1.9%4.5%18.4%-6.1%0.8%1.3%
3M Rtn50.7%4.4%13.8%20.6%5.0%12.2%13.0%
6M Rtn63.0%-9.4%-3.6%-18.9%-24.6%41.9%-6.5%
12M Rtn63.0%-27.6%-13.9%-29.9%-26.8%26.1%-20.4%
3Y Rtn63.0%-41.2%-11.3%-56.5%39.6%20.2%4.4%
1M Excs Rtn-3.0%3.0%5.6%19.4%-5.0%1.9%2.4%
3M Excs Rtn50.1%0.3%10.1%15.6%2.0%9.4%9.8%
6M Excs Rtn50.1%-25.6%-19.0%-34.1%-40.5%23.3%-22.3%
12M Excs Rtn44.6%-45.8%-33.1%-50.3%-45.4%4.9%-39.3%
3Y Excs Rtn-7.2%-111.1%-81.9%-125.7%-33.1%-57.5%-69.7%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Commercial2,7902,8693,1743,4362,927
Federal Government1,1901,2311,2761,1451,082
Total3,9804,1004,4514,5814,010


Operating Income by Segment
$ Mil20252024202320222021
Commercial248286344411356
Federal Government9395998976
Corporate Selling, general and administrative (SG&A) expenses-111-77-79-91 
Total230304364410432


Assets by Segment
$ Mil20192018201320122011
Commercial1,5041,369   
Federal Government935866   
Oxford434421365231 
Corporate Selling, general and administrative (SG&A) expenses6832   
Apex  657643 
Life Sciences  129 108
Physician  1118584
Life Sciences and Healthcare   140 
IT and Engineering    219
Total2,9412,6881,2611,098411


Price Behavior

null
EFOR Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta1.741.770.70-0.27-0.340.28
Up Beta2.354.161.67-1.831.500.19
Down Beta0.150.981.080.84-2.300.48
Up Capture233%376%104%53%24%2%
Bmk +ve Days10213268138427
Stock +ve Days132735494949
Down Capture32%-229%-83%-93%-58%-32%
Bmk -ve Days11213259113324
Stock -ve Days81529393939

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EFOR
EFOR63.3%74.7%2.08-
Sector ETF (XLK)43.7%26.2%1.35-2.2%
Equity (SPY)19.4%12.8%1.118.5%
Gold (GLD)20.8%29.2%0.659.9%
Commodities (DBC)45.0%20.4%1.72-17.7%
Real Estate (VNQ)7.8%13.6%0.3010.9%
Bitcoin (BTCUSD)-28.1%43.9%-0.632.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EFOR
EFOR10.3%74.7%2.08-
Sector ETF (XLK)19.5%25.9%0.67-2.2%
Equity (SPY)12.6%17.2%0.568.5%
Gold (GLD)18.8%18.8%0.819.9%
Commodities (DBC)10.6%19.5%0.42-17.7%
Real Estate (VNQ)1.5%18.9%-0.0310.9%
Bitcoin (BTCUSD)11.1%52.6%0.392.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EFOR
EFOR5.0%74.7%2.08-
Sector ETF (XLK)24.4%25.0%0.88-2.2%
Equity (SPY)15.2%17.9%0.728.5%
Gold (GLD)12.2%16.3%0.619.9%
Commodities (DBC)7.9%18.1%0.36-17.7%
Real Estate (VNQ)4.9%20.7%0.2010.9%
Bitcoin (BTCUSD)63.6%66.2%1.032.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8142026
Short Interest: Shares Quantity4.2 Mil
Short Interest: % Change Since 7312026-9.2%
Average Daily Volume0.9 Mil
Days-to-Cover Short Interest4.5 days
Basic Shares Quantity41.0 Mil
Short % of Basic Shares10.2%

Earnings Returns History

Updated 8/31/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/29/202617.8%35.2%35.2%
SUMMARY STATS   
# Positive111
# Negative000
Median Positive17.8%35.2%35.2%
Median Negative   
Max Positive17.8%35.2%35.2%
Max Negative   
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/29/202617.8%35.2%35.2%
SUMMARY STATS   
# Positive111
# Negative000
Median Positive17.8%35.2%35.2%
Median Negative   
Max Positive17.8%35.2%35.2%
Max Negative   

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202607/31/202610-Q
03/31/202604/30/202610-Q
12/31/202502/25/202610-K
09/30/202510/30/202510-Q
06/30/202507/30/202510-Q
03/31/202505/01/202510-Q
12/31/202402/24/202510-K
09/30/202410/31/202410-Q
06/30/202408/01/202410-Q
03/31/202405/02/202410-Q
12/31/202302/23/202410-K
09/30/202311/02/202310-Q
06/30/202308/03/202310-Q
03/31/202305/04/202310-Q
12/31/202202/27/202310-K
09/30/202211/07/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202607/31/202610-Q
03/31/202604/30/202610-Q
12/31/202502/25/202610-K
09/30/202510/30/202510-Q
06/30/202507/30/202510-Q
03/31/202505/01/202510-Q
12/31/202402/24/202510-K
09/30/202410/31/202410-Q
06/30/202408/01/202410-Q
03/31/202405/02/202410-Q
12/31/202302/23/202410-K
09/30/202311/02/202310-Q
06/30/202308/03/202310-Q
03/31/202305/04/202310-Q
12/31/202202/27/202310-K
09/30/202211/07/202210-Q
06/30/202208/09/202210-Q
03/31/202205/10/202210-Q
12/31/202103/01/202210-K
09/30/202111/09/202110-Q
06/30/202108/09/202110-Q
03/31/202105/07/202110-Q
12/31/202003/01/202110-K
09/30/202011/09/202010-Q
06/30/202008/10/202010-Q
03/31/202005/11/202010-Q
12/31/201903/02/202010-K
09/30/201911/08/201910-Q

Recent Forward Guidance

Updated 7/30/2026

Latest: Q2 2026 Earnings Reported 7/29/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q3 2026 Amortization of intangible assetsReported 17.30 Mil    
Q3 2026 Earnings per diluted shareReported0.360.460.5676.9% Higher NewGuidance: 0.26 for Q2 2026
Q3 2026 RevenueReported994.00 Mil1.01 Bil1.02 Bil2.4% Higher NewGuidance: 985.00 Mil for Q2 2026
Q3 2026 Gross marginReported28.0%28.25%28.5% -0.2%Lower NewGuidance: 28.5% for Q2 2026
Q3 2026 SG&A expensesReported220.40 Mil221.15 Mil221.90 Mil   
Q3 2026 Adjusted EBITDAReported95.00 Mil100.00 Mil105.00 Mil11.1% Higher NewGuidance: 90.00 Mil for Q2 2026
Q3 2026 Adjusted EBITDA marginReported9.6%9.95%10.3%   
Q3 2026 Effective tax rateReported 29.0%  0.0% 
Q3 2026 Net incomeReported14.50 Mil18.75 Mil23.00 Mil72.8% Higher NewGuidance: 10.85 Mil for Q2 2026
Q3 2026 Adjusted Net IncomeReported37.80 Mil41.30 Mil44.80 Mil   
Q3 2026 Adjusted Net Income per diluted shareReported0.921.011.1   


Prior: Q1 2026 Earnings Reported 4/22/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q2 2026 Earnings per diluted shareReported0.190.260.33-60.9% Lower NewActual: 0.67 for Q1 2026
Q2 2026 RevenueReported970.00 Mil985.00 Mil1.00 Bil1.5% Higher NewActual: 970.00 Mil for Q1 2026
Q2 2026 Gross ProfitCalculated274.51 Mil280.73 Mil287.00 Mil  Rev x Gross Margin
Q2 2026 Gross marginReported28.3%28.5%28.7%   
Q2 2026 Adjusted EBITDAReported85.00 Mil90.00 Mil95.00 Mil-6.2% Lower NewActual: 96.00 Mil for Q1 2026
Q2 2026 Net IncomeReported8.00 Mil10.85 Mil13.70 Mil-60.7% Lower NewActual: 27.60 Mil for Q1 2026

Q4 2025 Earnings Reported 2/4/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q1 2026 Earnings per diluted shareReported0.620.670.71-15.8% Lower NewActual: 0.79 for Q4 2025
Q1 2026 RevenueReported960.00 Mil970.00 Mil980.00 Mil0 Same NewActual: 970.00 Mil for Q4 2025
Q1 2026 Adjusted EBITDAReported93.50 Mil96.00 Mil98.50 Mil-8.1% Lower NewActual: 104.50 Mil for Q4 2025
Q1 2026 Net incomeReported25.80 Mil27.60 Mil29.40 Mil-18.6% Lower NewActual: 33.90 Mil for Q4 2025
Q1 2026 Adjusted Net IncomeReported38.80 Mil40.60 Mil42.40 Mil-18.8% Lower NewActual: 50.00 Mil for Q4 2025
Q1 2026 Adjusted Net Income per diluted shareReported0.930.971.02-15.9% Lower NewActual: 1.16 for Q4 2025

Q3 2025 Earnings Reported 10/22/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q4 2025 Amortization of intangible assetsReported 16.80 Mil 1.2% Higher NewGuidance: 16.60 Mil for Q3 2025
Q4 2025 Earnings per diluted shareReported0.750.790.83-8.1% Lower NewGuidance: 0.86 for Q3 2025
Q4 2025 RevenueReported960.00 Mil970.00 Mil980.00 Mil-3.2% Lower NewGuidance: 1.00 Bil for Q3 2025
Q4 2025 Gross ProfitCalculated276.48 Mil281.79 Mil287.14 Mil  Rev x Gross Margin
Q4 2025 Gross marginReported28.8%29.05%29.3% -0.4%Lower NewGuidance: 29.45% for Q3 2025
Q4 2025 SG&A expensesReported198.80 Mil201.60 Mil204.40 Mil-3.3% Lower NewGuidance: 208.50 Mil for Q3 2025
Q4 2025 Adjusted EBITDAReported102.00 Mil104.50 Mil107.00 Mil-5.9% Lower NewGuidance: 111.00 Mil for Q3 2025
Q4 2025 Adjusted EBITDA marginReported10.6%10.75%10.9% -0.3%Lower NewGuidance: 11.05% for Q3 2025
Q4 2025 Effective tax rateReported 28.0%  0.0%Same NewGuidance: 28.0% for Q3 2025
Q4 2025 Net incomeReported32.10 Mil33.90 Mil35.70 Mil-9.8% Lower NewGuidance: 37.60 Mil for Q3 2025
Q4 2025 Adjusted Net IncomeReported48.20 Mil50.00 Mil51.80 Mil-6.6% Lower NewGuidance: 53.55 Mil for Q3 2025
Q4 2025 Adjusted Net Income per diluted shareReported1.121.161.2-4.9% Lower NewGuidance: 1.22 for Q3 2025

Insider Activity

Updated 6/15/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Dyer, Joseph Wendell DirectBuy429202622.471,11224,992448,434Form
2Cunningham, RoseChief Accounting OfficerDirectBuy428202622.271,12525,054347,122Form
3Iyer, SadasivamPresidentDirectBuy428202622.671,11025,1641,403,386Form
4Obermaier, Patricia L DirectBuy427202620.612,50051,512196,737Form
5Lindstrom, Carol DirectBuy427202620.152474,977232,883Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Dyer, Joseph Wendell DirectBuy429202622.471,11224,992448,434Form
2Cunningham, RoseChief Accounting OfficerDirectBuy428202622.271,12525,054347,122Form
3Iyer, SadasivamPresidentDirectBuy428202622.671,11025,1641,403,386Form
4Obermaier, Patricia L DirectBuy427202620.612,50051,512196,737Form
5Lindstrom, Carol DirectBuy427202620.152474,977232,883Form
6Callaghan, Brian J by TrustBuy427202620.275,121103,8006,667,652Form
7Perry, MarieEVP, Chief Financial OfficerDirectBuy427202618.705,350100,0181,090,442Form
8Hanson, Theodore SChief Executive Officerby TrustBuy427202619.2451,965999,7867,250,309Form
9Frantz, Mark A DirectBuy427202618.923,80071,896416,259Form
10Holman, Jonathan S DirectBuy427202618.872,00037,739299,896Form
11Painter, Jennifer HankesSVP, Chief Legal OfficerDirectBuy427202620.032,50050,0781,523,578Form
12Iyer, SadasivamPresidentDirectBuy427202619.301,72533,2891,173,212Form
13Dyer, Joseph Wendell DirectBuy427202618.632,68450,003351,008Form
14Hawthorne, Maria R DirectBuy427202619.495,136100,112299,946Form
15Matin, Arshad DirectBuy427202619.3510,000193,462523,682Form

Investor Activity (13F)

Updated Sep 9, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Incline Global Management LLC$17.0 Mil6.7%24ADD +35.0%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Incline Global Management LLC$17.0 Mil6.7%24ADD +35.0%13F
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Incline Global Management LLC$17.0 Mil6.7%24ADD +35.0%13F
Core Cache Last Updated: 9/8/2026