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.40.5%
MissDebt under half of equityNot relying on borrowed money.2.43x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.14.6%
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.$12.8B
PassShare count not growingNot diluting owners. Falling means buybacks.-5.0% in 3 years
Revenue
$48.2B
-0.2% vs prior year
5-year growth
+2.5%/yr
revenue, per year
Total debt
$44.8B
2.43x equity
Current ratio
1.26x
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
$13.0B
+5.7% YoY
EPS
$1.62
vs $0.64
Gross margin
71.3%
-1.2 pts
Free cash flow
$3.1B
Share count
+0.5%
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
1.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+4.0%
Institutions added 4.0% to their holdings. 1130 bought, 1143 sold.
Shares held by institutions1.67B
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-0.7%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.9x · $42.9B debt
Shares outstandingLatest reported
2.0B
Earnings reports
Last 12
Next reportIn 1 days (est.)Estimated from the same quarter last year
Results filedJul 30
Results filedApr 30
Results filedFeb 5
Results filedOct 30, 2025
Results filedJul 31, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days