There's no rate to imply here.

Our model doesn't fit this business — here's why:

  • Caution:
    The model doesn't fit this business
    A regulated gas utility: capital spending on pipe and plant routinely exceeds operating cash flow by design, so free cash flow reads negative even when the business is healthy.

TickerMath is an educational tool, not investment advice — it computes one model from SEC filings and can be wrong. How we compute this →