The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.21.1%
MissDebt under half of equityNot relying on borrowed money.2.38x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.44.0%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$5.4B
PassShare count not growingNot diluting owners. Falling means buybacks.-26.8% in 3 years
Revenue
$8.5B
+6.5% vs prior year
5-year growth
+13.6%/yr
revenue, per year
Total debt
$43.6B
2.38x equity
Free cash flow
$5.4B
63.3% of revenue
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, 2025
Revenue
$1.9B
-3.6% YoY
EPS
$7.09
vs $2.28
Share count
-9.8%
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
0
Normal week
0.9
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-4.1%
Institutions cut 4.1% from their holdings. 348 bought, 296 sold. 6 quarters of net selling in a row.
Shares held by institutions138.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-12.1%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
2.4x · $43.6B debt
Shares outstandingLatest reported
167M
Why low risk
High debt: 2.38x equity
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days