Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash-to-Debt 0.01
NYSE:CTL's Cash-to-Debt is ranked lower than
97% of the 454 Companies
in the Global Telecom Services industry.

( Industry Median: 0.44 vs. NYSE:CTL: 0.01 )
Ranked among companies with meaningful Cash-to-Debt only.
NYSE:CTL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0  Med: 0.02 Max: N/A
Current: 0.01
Equity-to-Asset 0.29
NYSE:CTL's Equity-to-Asset is ranked lower than
68% of the 453 Companies
in the Global Telecom Services industry.

( Industry Median: 0.41 vs. NYSE:CTL: 0.29 )
Ranked among companies with meaningful Equity-to-Asset only.
NYSE:CTL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28  Med: 0.39 Max: 0.55
Current: 0.29
0.28
0.55
Interest Coverage 1.74
NYSE:CTL's Interest Coverage is ranked lower than
82% of the 370 Companies
in the Global Telecom Services industry.

( Industry Median: 7.30 vs. NYSE:CTL: 1.74 )
Ranked among companies with meaningful Interest Coverage only.
NYSE:CTL' s Interest Coverage Range Over the Past 10 Years
Min: 1.12  Med: 2.03 Max: 3.79
Current: 1.74
1.12
3.79
Piotroski F-Score: 6
Altman Z-Score: 0.78
Beneish M-Score: -2.88
WACC vs ROIC
5.47%
3.98%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating Margin % 13.13
NYSE:CTL's Operating Margin % is ranked higher than
69% of the 453 Companies
in the Global Telecom Services industry.

( Industry Median: 7.70 vs. NYSE:CTL: 13.13 )
Ranked among companies with meaningful Operating Margin % only.
NYSE:CTL' s Operating Margin % Range Over the Past 10 Years
Min: 8.03  Med: 14.66 Max: 29.86
Current: 13.13
8.03
29.86
Net Margin % 3.20
NYSE:CTL's Net Margin % is ranked lower than
51% of the 455 Companies
in the Global Telecom Services industry.

( Industry Median: 3.68 vs. NYSE:CTL: 3.20 )
Ranked among companies with meaningful Net Margin % only.
NYSE:CTL' s Net Margin % Range Over the Past 10 Years
Min: -1.32  Med: 4.6 Max: 15.75
Current: 3.2
-1.32
15.75
ROE % 4.03
NYSE:CTL's ROE % is ranked lower than
58% of the 437 Companies
in the Global Telecom Services industry.

( Industry Median: 6.20 vs. NYSE:CTL: 4.03 )
Ranked among companies with meaningful ROE % only.
NYSE:CTL' s ROE % Range Over the Past 10 Years
Min: -1.31  Med: 5.42 Max: 12.67
Current: 4.03
-1.31
12.67
ROA % 1.18
NYSE:CTL's ROA % is ranked lower than
58% of the 462 Companies
in the Global Telecom Services industry.

( Industry Median: 2.38 vs. NYSE:CTL: 1.18 )
Ranked among companies with meaningful ROA % only.
NYSE:CTL' s ROA % Range Over the Past 10 Years
Min: -0.45  Med: 1.68 Max: 5.35
Current: 1.18
-0.45
5.35
ROC (Joel Greenblatt) % 12.51
NYSE:CTL's ROC (Joel Greenblatt) % is ranked lower than
52% of the 458 Companies
in the Global Telecom Services industry.

( Industry Median: 14.31 vs. NYSE:CTL: 12.51 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
NYSE:CTL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.07  Med: 14.37 Max: 26.76
Current: 12.51
8.07
26.76
3-Year Revenue Growth Rate 2.40
NYSE:CTL's 3-Year Revenue Growth Rate is ranked higher than
50% of the 399 Companies
in the Global Telecom Services industry.

( Industry Median: 2.40 vs. NYSE:CTL: 2.40 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
NYSE:CTL' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -3.1  Med: 10 Max: 32.2
Current: 2.4
-3.1
32.2
3-Year EBITDA Growth Rate 4.70
NYSE:CTL's 3-Year EBITDA Growth Rate is ranked higher than
59% of the 343 Companies
in the Global Telecom Services industry.

( Industry Median: 1.60 vs. NYSE:CTL: 4.70 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
NYSE:CTL' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -5.8  Med: 8.1 Max: 34.5
Current: 4.7
-5.8
34.5
GuruFocus has detected 4 Warning Signs with CenturyLink Inc $NYSE:CTL.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» NYSE:CTL's 30-Y Financials

Financials (Next Earnings Date: 2017-08-03 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q2 2016

CTL Guru Trades in Q2 2016

Ray Dalio 648,370 sh (+127.35%)
Paul Tudor Jones 60,717 sh (+82.49%)
Joel Greenblatt 1,582,825 sh (+8.26%)
Steven Cohen Sold Out
Jim Simons Sold Out
T Rowe Price Equity Income Fund 3,850,000 sh (-1.33%)
David Dreman 27,980 sh (-2.25%)
» More
Q3 2016

CTL Guru Trades in Q3 2016

NWQ Managers 103,693 sh (New)
T Rowe Price Equity Income Fund 3,850,000 sh (unchged)
David Dreman 27,980 sh (unchged)
Joel Greenblatt 1,176,009 sh (-25.70%)
Paul Tudor Jones 42,609 sh (-29.82%)
Ray Dalio 444,625 sh (-31.42%)
» More
Q4 2016

CTL Guru Trades in Q4 2016

Jeremy Grantham 9,200 sh (New)
Pioneer Investments 20,627 sh (New)
Steven Cohen 271,400 sh (New)
Ray Dalio 1,081,241 sh (+143.18%)
NWQ Managers 103,693 sh (unchged)
T Rowe Price Equity Income Fund 3,850,000 sh (unchged)
Joel Greenblatt 835,718 sh (-28.94%)
David Dreman 15,640 sh (-44.10%)
Paul Tudor Jones 21,800 sh (-48.84%)
» More
Q1 2017

CTL Guru Trades in Q1 2017

Barrow, Hanley, Mewhinney & Strauss 69 sh (New)
Caxton Associates 13,500 sh (New)
Jeff Auxier 12,100 sh (New)
Pioneer Investments 315,963 sh (+1431.79%)
Jeremy Grantham 9,900 sh (+7.61%)
T Rowe Price Equity Income Fund 4,000,000 sh (+3.90%)
David Dreman 15,640 sh (unchged)
NWQ Managers Sold Out
Joel Greenblatt Sold Out
Steven Cohen Sold Out
Paul Tudor Jones 21,000 sh (-3.67%)
Ray Dalio 471,769 sh (-56.37%)
» More
» Details

Insider Trades

Latest Guru Trades with CTL

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Communication Services » Telecom Services    NAICS: 517919    SIC: 4813
Compare:OTCPK:TELDF, OTCPK:ILIAY, OTCPK:AVIFY, NYSE:SKM, NAS:SBAC, OTCPK:MTNOY, OTCPK:HKTTF, NYSE:MBT, OTCPK:VDMCY, OTCPK:TIAJF, OTCPK:TLGHY, NYSE:PHI, NYSE:TKC, OTCPK:TLSNF, NYSE:TSU, NYSE:KT, NYSE:TU, NAS:VEON, OTCPK:TCPFF, OTCPK:TRKNY » details
Traded in other countries:CYT.Germany,
Headquarter Location:USA
CenturyLink Inc, together with its subsidiaries, is an integrated communications company engaged in providing a broad array of communications services including local and long distance voice, data, Internet access & broadband services.

With the acquisition of Embarq in 2009 and Qwest in 2010, CenturyLink is now the third-largest phone company in the U.S., providing local phone service to 11 million lines and high-speed Internet access to 6 million customers across 37 states. The firm also owns a national fiber-optic network that spans 250,000 route miles. With the acquisition of Savvis, an information technology services firm, CenturyLink now owns 59 data centers. The firm is exploring the sale of its data centers and plans to acquire Level 3 Communications.

Ratios

vs
industry
vs
history
PE Ratio 24.31
CTL's PE Ratio is ranked lower than
51% of the 336 Companies
in the Global Telecom Services industry.

( Industry Median: 19.96 vs. CTL: 24.31 )
Ranked among companies with meaningful PE Ratio only.
CTL' s PE Ratio Range Over the Past 10 Years
Min: 6.17  Med: 15.27 Max: 52.17
Current: 24.31
6.17
52.17
Forward PE Ratio 11.33
CTL's Forward PE Ratio is ranked higher than
91% of the 372 Companies
in the Global Telecom Services industry.

( Industry Median: 15.38 vs. CTL: 11.33 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 24.31
CTL's PE Ratio without NRI is ranked higher than
50% of the 322 Companies
in the Global Telecom Services industry.

( Industry Median: 20.32 vs. CTL: 24.31 )
Ranked among companies with meaningful PE Ratio without NRI only.
CTL' s PE Ratio without NRI Range Over the Past 10 Years
Min: 6.17  Med: 15.27 Max: 52.17
Current: 24.31
6.17
52.17
Price-to-Owner-Earnings 12.45
CTL's Price-to-Owner-Earnings is ranked higher than
79% of the 229 Companies
in the Global Telecom Services industry.

( Industry Median: 17.50 vs. CTL: 12.45 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
CTL' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 4.2  Med: 7 Max: 12.89
Current: 12.45
4.2
12.89
PB Ratio 1.02
CTL's PB Ratio is ranked higher than
81% of the 439 Companies
in the Global Telecom Services industry.

( Industry Median: 2.23 vs. CTL: 1.02 )
Ranked among companies with meaningful PB Ratio only.
CTL' s PB Ratio Range Over the Past 10 Years
Min: 0.7  Med: 1.15 Max: 1.72
Current: 1.02
0.7
1.72
PS Ratio 0.78
CTL's PS Ratio is ranked higher than
77% of the 449 Companies
in the Global Telecom Services industry.

( Industry Median: 1.47 vs. CTL: 0.78 )
Ranked among companies with meaningful PS Ratio only.
CTL' s PS Ratio Range Over the Past 10 Years
Min: 0.71  Med: 1.29 Max: 2.38
Current: 0.78
0.71
2.38
Price-to-Free-Cash-Flow 12.28
CTL's Price-to-Free-Cash-Flow is ranked higher than
82% of the 227 Companies
in the Global Telecom Services industry.

( Industry Median: 18.35 vs. CTL: 12.28 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
CTL' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 4.81  Med: 8.02 Max: 12.87
Current: 12.28
4.81
12.87
Price-to-Operating-Cash-Flow 3.16
CTL's Price-to-Operating-Cash-Flow is ranked higher than
89% of the 312 Companies
in the Global Telecom Services industry.

( Industry Median: 7.08 vs. CTL: 3.16 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
CTL' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 2.51  Med: 4.1 Max: 6.82
Current: 3.16
2.51
6.82
EV-to-EBIT 14.69
CTL's EV-to-EBIT is ranked higher than
52% of the 717 Companies
in the Global Telecom Services industry.

( Industry Median: 13.99 vs. CTL: 14.69 )
Ranked among companies with meaningful EV-to-EBIT only.
CTL' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.8  Med: 13.75 Max: 34.1
Current: 14.69
6.8
34.1
EV-to-EBITDA 5.45
CTL's EV-to-EBITDA is ranked higher than
72% of the 751 Companies
in the Global Telecom Services industry.

( Industry Median: 7.67 vs. CTL: 5.45 )
Ranked among companies with meaningful EV-to-EBITDA only.
CTL' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.1  Med: 5.8 Max: 11.3
Current: 5.45
4.1
11.3
PEG Ratio 20.25
CTL's PEG Ratio is ranked lower than
91% of the 154 Companies
in the Global Telecom Services industry.

( Industry Median: 2.71 vs. CTL: 20.25 )
Ranked among companies with meaningful PEG Ratio only.
CTL' s PEG Ratio Range Over the Past 10 Years
Min: 0.64  Med: 1.24 Max: 55.96
Current: 20.25
0.64
55.96
Shiller PE Ratio 11.70
CTL's Shiller PE Ratio is ranked higher than
76% of the 115 Companies
in the Global Telecom Services industry.

( Industry Median: 17.93 vs. CTL: 11.70 )
Ranked among companies with meaningful Shiller PE Ratio only.
CTL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.34  Med: 12.12 Max: 18.39
Current: 11.7
7.34
18.39
Current Ratio 0.97
CTL's Current Ratio is ranked lower than
56% of the 440 Companies
in the Global Telecom Services industry.

( Industry Median: 1.09 vs. CTL: 0.97 )
Ranked among companies with meaningful Current Ratio only.
CTL' s Current Ratio Range Over the Past 10 Years
Min: 0.19  Med: 0.74 Max: 1.95
Current: 0.97
0.19
1.95
Quick Ratio 0.95
CTL's Quick Ratio is ranked lower than
53% of the 440 Companies
in the Global Telecom Services industry.

( Industry Median: 1.01 vs. CTL: 0.95 )
Ranked among companies with meaningful Quick Ratio only.
CTL' s Quick Ratio Range Over the Past 10 Years
Min: 0.18  Med: 0.69 Max: 1.84
Current: 0.95
0.18
1.84
Days Inventory 6.41
CTL's Days Inventory is ranked higher than
76% of the 345 Companies
in the Global Telecom Services industry.

( Industry Median: 16.41 vs. CTL: 6.41 )
Ranked among companies with meaningful Days Inventory only.
CTL' s Days Inventory Range Over the Past 10 Years
Min: 0.94  Med: 4.65 Max: 6.95
Current: 6.41
0.94
6.95
Days Sales Outstanding 39.17
CTL's Days Sales Outstanding is ranked higher than
58% of the 347 Companies
in the Global Telecom Services industry.

( Industry Median: 47.59 vs. CTL: 39.17 )
Ranked among companies with meaningful Days Sales Outstanding only.
CTL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.33  Med: 38.7 Max: 50.31
Current: 39.17
30.33
50.31
Days Payable 46.74
CTL's Days Payable is ranked lower than
58% of the 292 Companies
in the Global Telecom Services industry.

( Industry Median: 65.46 vs. CTL: 46.74 )
Ranked among companies with meaningful Days Payable only.
CTL' s Days Payable Range Over the Past 10 Years
Min: 42.99  Med: 56.2 Max: 82.22
Current: 46.74
42.99
82.22

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 8.71
CTL's Dividend Yield % is ranked higher than
94% of the 749 Companies
in the Global Telecom Services industry.

( Industry Median: 2.80 vs. CTL: 8.71 )
Ranked among companies with meaningful Dividend Yield % only.
CTL' s Dividend Yield % Range Over the Past 10 Years
Min: 0.51  Med: 7.13 Max: 9.59
Current: 8.71
0.51
9.59
Dividend Payout Ratio 2.12
CTL's Dividend Payout Ratio is ranked lower than
67% of the 310 Companies
in the Global Telecom Services industry.

( Industry Median: 0.73 vs. CTL: 2.12 )
Ranked among companies with meaningful Dividend Payout Ratio only.
CTL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07  Med: 1.37 Max: 2.71
Current: 2.12
0.07
2.71
Forward Dividend Yield % 8.71
CTL's Forward Dividend Yield % is ranked higher than
94% of the 720 Companies
in the Global Telecom Services industry.

( Industry Median: 4.10 vs. CTL: 8.71 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 6.21
CTL's 5-Year Yield-on-Cost % is ranked higher than
70% of the 800 Companies
in the Global Telecom Services industry.

( Industry Median: 4.52 vs. CTL: 6.21 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
CTL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.36  Med: 5.1 Max: 6.85
Current: 6.21
0.36
6.85
3-Year Average Share Buyback Ratio 2.20
CTL's 3-Year Average Share Buyback Ratio is ranked higher than
89% of the 271 Companies
in the Global Telecom Services industry.

( Industry Median: -1.60 vs. CTL: 2.20 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
CTL' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -83.5  Med: -1.3 Max: 8.6
Current: 2.2
-83.5
8.6

Valuation & Return

vs
industry
vs
history
Price-to-Intrinsic-Value-Projected-FCF 0.42
CTL's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
94% of the 220 Companies
in the Global Telecom Services industry.

( Industry Median: 1.43 vs. CTL: 0.42 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
CTL' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.27  Med: 0.9 Max: 4.61
Current: 0.42
0.27
4.61
Price-to-Median-PS-Value 0.60
CTL's Price-to-Median-PS-Value is ranked higher than
88% of the 387 Companies
in the Global Telecom Services industry.

( Industry Median: 1.02 vs. CTL: 0.60 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
CTL' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.57  Med: 1.71 Max: 4.15
Current: 0.6
0.57
4.15
Earnings Yield (Greenblatt) % 6.81
CTL's Earnings Yield (Greenblatt) % is ranked higher than
56% of the 802 Companies
in the Global Telecom Services industry.

( Industry Median: 6.61 vs. CTL: 6.81 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
CTL' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 2.9  Med: 7.3 Max: 14.7
Current: 6.81
2.9
14.7
Forward Rate of Return (Yacktman) % 17.20
CTL's Forward Rate of Return (Yacktman) % is ranked higher than
74% of the 248 Companies
in the Global Telecom Services industry.

( Industry Median: 8.32 vs. CTL: 17.20 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
CTL' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: 8.2  Med: 15.75 Max: 29.9
Current: 17.2
8.2
29.9

More Statistics

Revenue (TTM) (Mil) $17,278
EPS (TTM) $ 1.02
Beta0.84
Short Percentage of Float19.89%
52-Week Range $22.33 - 33.45
Shares Outstanding (Mil)548.81

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 16,778 16,593 16,245
EPS ($) 2.44 2.12 2.17
EPS without NRI ($) 2.44 2.12 2.17
EPS Growth Rate
(Future 3Y To 5Y Estimate)
-0.40%
Dividends per Share ($) 2.16 1.98 2.16
» More Articles for CTL

Headlines

Articles On GuruFocus.com
CenturyLink Declares Quarterly Cash Dividend May 24 2017 
Only half of global enterprises have a formal strategy for digital transformation and face increasin May 23 2017 
CenturyLink to Participate in Analyst Conference May 15 2017 
Seahawks and CenturyLink Extend Stadium and Event Center Naming Rights Deal May 15 2017 
CenturyLink announces new integrated managed solution with automation and management for SAP® appli May 15 2017 
CenturyLink completes sale of data centers and colocation business to consortium led by BC Partners May 02 2017 
CenturyLink announces combined company senior leadership team Apr 28 2017 
CenturyLink CEO delivers keynote address to NATO industry conference Apr 24 2017 
Qwest Corporation Agrees To Sell Debt Securities Apr 18 2017 
CenturyLink program recycles more than 12 million pounds Apr 18 2017 

More From Other Websites
CenturyLink Declares Quarterly Cash Dividend May 24 2017
[$$] Insight Venture Partners Acquires Resolve Systems May 24 2017
CenturyLink Has a "Friendly" Activist: What It Means for Shareholders May 23 2017
Only half of global enterprises have a formal strategy for digital transformation and face... May 23 2017
Better Buy: Frontier Communications Corp vs. Centurylink Inc May 23 2017
TIMELINE-S&P Telecommunications index dwindles to four companies May 22 2017
ETFs with exposure to CenturyLink, Inc. : May 22, 2017 May 22 2017
7 Tech Stocks That Dial Dividends Up To 14% May 21 2017
CenturyLink announces pricing and allocation of $6.0 billion Term Loan B Facility May 19 2017
LPC: Love-hate reception for US leveraged loans May 19 2017
CRN recognizes three CenturyLink Alliances professionals on its prestigious 2017 Women of the... May 19 2017
Telecom Stock Roundup: Comcast, Charter Communications Collaborate for Wireless May 18 2017
CenturyLink Sells Its Data Centers. Is It a Good Deal for Investors? May 18 2017
Corvex's Meister Turns the Tables on CenturyLink in Level 3 Merger May 18 2017
Corvex's Meister Turns the Tables on CenturyLink in Level 3 Merger May 18 2017
Post Earnings Coverage as CenturyLink Missed Market Estimates May 17 2017
Cramer's lightning round: Buy this defense stock on fundamentals, not rumors May 16 2017
CenturyLink, Inc. -- Moody's rates CenturyLink's new credit facility Ba3; all ratings remain on... May 15 2017

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)