The checklist Warren Buffett-style investors use. Annual numbers for 2025.
5/6Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.106.1%
MissDebt under half of equityNot relying on borrowed money.6.31x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.21.0%
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.$8.1B
PassShare count not growingNot diluting owners. Falling means buybacks.+0.2% in 3 years
Revenue
$36.8B
+10.0% vs prior year
5-year growth
+7.6%/yr
revenue, per year
Total debt
$54.6B
6.31x equity
Current ratio
1.14x
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 Aug 4
Revenue
$10.1B
+9.5% YoY
EPS
$4.37
vs $2.65
Op. margin
35.0%
+6.1 pts
Gross margin
72.0%
+4.8 pts
Free cash flow
$3.5B
Share count
+0.6%
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
1
Normal week
1.2
vs normal
0.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+4.5%
Institutions added 4.5% to their holdings. 1390 bought, 1329 sold.
Shares held by institutions447.1M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
4.9x · $57.3B debt
Shares outstandingLatest reported
541M
Why low risk
High debt: 4.9x equity
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 4
Results filedApr 30
Results filedFeb 3
Results filedNov 4, 2025
Results filedAug 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.