The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.11.5%
MissDebt under half of equityNot relying on borrowed money.1.45x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.16.6%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$775.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+4.9% in 3 years
Revenue
$8.8B
+15.4% vs prior year
5-year growth
+8.7%/yr
revenue, per year
Total debt
$19.4B
1.45x equity
Current ratio
0.66x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 30
Revenue
$2.1B
-5.8% YoY
EPS
$1.13
vs $1.01
Op. margin
21.9%
+3.4 pts
Free cash flow
-$309.0M
Share count
+2.6%
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
0
Normal week
1.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+4.8%
Institutions added 4.8% to their holdings. 494 bought, 321 sold.
Shares held by institutions245.1M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.8%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.5x · $20.6B debt
Shares outstandingLatest reported
277M
Earnings reports
Last 12
Next reportAround Nov 4 (est.)Estimated from the same quarter last year
Results filedJul 30
Results filedMay 5
Results filedFeb 11
Results filedNov 5, 2025
Results filedJul 31, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days