The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.5.5%
PassDebt under half of equityNot relying on borrowed money.0.49x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.12.4%
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$370.2M
MissShare count not growingNot diluting owners. Falling means buybacks.+3.9% in 3 years
Revenue
$1.4B
-1.3% vs prior year
5-year growth
+18.6%/yr
revenue, per year
Total debt
$1.5B
0.49x equity
Free cash flow
$370.2M
26.2% 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, 2026
Reported Aug 5
Revenue
$402.6M
+4.7% YoY
EPS
$0.28
vs $0.27
Op. margin
21.9%
-0.2 pts
Gross margin
43.5%
+0.9 pts
Free cash flow
$112.7M
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
0
Normal week
1.1
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.6%
Institutions added 1.6% to their holdings. 198 bought, 148 sold.
Shares held by institutions205.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.1%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.5x · $1.5B debt
Shares outstandingLatest reported
236M
Earnings reports
Last 12
Next reportIn 5 days (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 4
Results filedFeb 23
Results filedNov 3, 2025
Results filedAug 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days