The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.5.3%
MissDebt under half of equityNot relying on borrowed money.3.75x equity
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$372.4M
MissShare count not growingNot diluting owners. Falling means buybacks.+5.3% in 3 years
Total debt
$11.1B
3.75x equity
Free cash flow
$372.4M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Sep 30, 2026
Reported Oct 30Before open8:45 am ET
EPS
-$0.51
vs $0.20
Free cash flow
$201.6M
Share count
-19.8%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
3
Normal week
0.9
vs normal
3.2x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+5.6%
Institutions added 5.6% to their holdings. 141 bought, 141 sold.
Shares held by institutions117.1M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-0.8%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
4.4x · $11.2B debt
Shares outstandingLatest reported
184M
Why moderate risk
High debt: 4.41x equity
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Feb 26, 2027 (est.)Estimated from the same quarter last year
Results filedOct 30
Results filedJul 31
Results filedMay 8
Results filedFeb 27
Results filedOct 31, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days