TORVANTA
Other · S&P 500 · data as of 2026-10-05

M stock analysis: M

M (M) is an S&P 500 company in Other. It grades strongest on value.

The model's view of M · subscribers

Where M ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with M · updated 2026-10-05 · from prices and SEC filings

M price performance

M against the S&P 500, one year
+0%+20%+40%M +28%S&P 500 +18%2025-09-292026-10-05
Year to date+4.9%S&P 500 +14.5% · behind by 9.6 pts
1 year+28.0%S&P 500 +17.0% · ahead by 11.0 pts
3 years+129.2%S&P 500 +89.3% · ahead by 39.9 pts
5 years+22.4%S&P 500 +91.3% · behind by 68.9 pts

Total returns with dividends reinvested.

M factor grades

Each grade compares M with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

AValueP/E 8.2x (industry 20.1x)FCF yield 24.1% (industry 6.0%)
B-GrowthRevenue growth +0% (industry +8%)EPS growth +55% (industry +10%)
C+ProfitabilityOperating margin 5.0% (industry 9.6%)ROIC 14.3% (industry 10.1%)
BMomentum12-month change +28%From 52-wk high -13%

M in plain numbers

M key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$5.9B
Revenue growth (y/y)+0%
Free-cash-flow yield24.1%
Dividend yield3.4%
Next earnings (expected)2026-12-02
Valuation measures
Market value$5.9B
Enterprise value$7.0B
P/E (trailing)8.2x
Forward P/E (Torvanta estimate)6.8x
PEG (Torvanta estimate)0.31
Price / sales0.3x
Price / book1.2x
EV / revenue0.3x
EV / EBITDA3.5x
Financial highlights
Revenue, last 12 months$22.8B
Net income, last 12 months$750.0M
EPS, last 12 months (GAAP)$2.73
Gross margin40.7%
Operating margin5.0%
Net margin3.3%
Return on equity16.0%
Return on invested capital14.3%
Cash$1.3B
Total debt$2.4B
Debt / equity0.49x
Free cash flow, last 12 months$1.4B
Current ratio1.59x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

M earnings trends

Revenue vs earnings
$0$2.0B$4.0B$6.0B$8.0BOct 2024 Revenue: $4.9BJan 2025 Revenue: $8.0BApr 2025 Revenue: $4.8BJul 2025 Revenue: $5.0BOct 2025 Revenue: $4.9BJan 2026 Revenue: $7.9BApr 2026 Revenue: $4.9BJul 2026 Revenue: $5.1BOct 2024 Net income: $28.0MJan 2025 Net income: $342.0MApr 2025 Net income: $38.0MJul 2025 Net income: $87.0MOct 2025 Net income: $11.0MJan 2026 Net income: $507.0MApr 2026 Net income: $63.0MJul 2026 Net income: $169.0MOct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026Jul 2026Net margin: 0.6%Net margin: 4.3%Net margin: 0.8%Net margin: 1.7%Net margin: 0.2%Net margin: 6.4%Net margin: 1.3%Net margin: 3.3%0%3%6%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.5$0.9$1.4$1.8Oct 2024 EPS (GAAP, diluted): $0.1Jan 2025 EPS (GAAP, diluted): $1.2Apr 2025 EPS (GAAP, diluted): $0.1Jul 2025 EPS (GAAP, diluted): $0.3Oct 2025 EPS (GAAP, diluted): $0.0Jan 2026 EPS (GAAP, diluted): $1.8Apr 2026 EPS (GAAP, diluted): $0.2Jul 2026 EPS (GAAP, diluted): $0.6Oct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026Jul 2026■ EPS (GAAP, diluted) Change from a year earlier: Oct 2025 -60% · Jan 2026 +51% · Apr 2026 +77% · Jul 2026 +100%

From the company's 10-Q and 10-K filings with the SEC.

M financials (from SEC filings)

Fiscal yearFY2022FY2023FY2024FY2025FY2026
Revenue$24.5B$24.4B$23.9B$23.0B$22.6B
Net income$1.4B$1.2B$48.0M$582.0M$643.0M
EPS (GAAP)$4.54$4.18$0.17$2.07$2.32
Free cash flow$2.4B$727.0M$674.0M$760.0M$1.1B

M earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-09-10$0.62+100%+1%+2.4%
2026-06-03$0.23+77%+2%+6.6%
2026-03-18$1.84+51%-1%+8.3%
2025-12-03$0.04-60%+0%-2.1%
2025-09-03$0.31-42%-2%+26.4%
2025-05-28$0.13-41%-4%-0.6%

Companies similar to M

CompanyMarket valueP/ERevenue growthOperating margin12-month change
M M$5.9B8.2x+0%5.0%+28%
WEX WEX$5.9B17.2x+7%25.5%+8%compare
HWC HWC$5.9B14.3xn/an/a+20%compare
WFRD WFRD$5.9B16.2x-7%12.7%+27%compare
HR HR$5.9Bn/a-6%n/a+0%
BGC BGC$5.8B29.8x+28%n/a+34%
LSTR LSTR$5.8B47.3x-1%3.5%+43%

All Other stock ratings

Frequently asked questions

Is M stock a buy?

Torvanta does not tell individuals what to buy. Its grades for M are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is M's P/E ratio?

M trades at about 8.2 times its last 12 months of GAAP earnings reported to the SEC, and about 6.8 times Torvanta's own estimate of the next 12 months.

When does M report earnings next?

Based on its filing history, Torvanta expects M to report around 2026-12-02.

Does M pay a dividend?

Yes. Its dividend yield is about 3.4%, and it has raised its dividend 4 years in a row.

How has M performed against the S&P 500?

Over the past year M returned +28.0%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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