The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.25.6%
MissDebt under half of equityNot relying on borrowed money.1.96x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.0%
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.$1.1B
PassShare count not growingNot diluting owners. Falling means buybacks.-4.6% in 3 years
Revenue
$12.4B
+4.8% vs prior year
5-year growth
+5.7%/yr
revenue, per year
Total debt
$5.9B
1.96x equity
Current ratio
1.03x
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 Sep 30, 2026
Reported Oct 19After close4:08 pm ET
Revenue
$3.7B
+15.9% YoY
EPS
$2.08
vs $1.85
Op. margin
11.9%
-1.3 pts
From the press release, checked against last year's SEC filing. Cash flow and share count update with the 10-Q.
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
42/ 100
This week
1
Normal week
1.4
vs normal
0.7x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-3.3%
Institutions cut 3.3% from their holdings. 247 bought, 359 sold. 2 quarters of net selling in a row.
Shares held by institutions108.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-3.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
2.1x · $6.0B debt
Shares outstandingLatest reported
109M
Why low risk
High debt: 2.1x equity
Earnings reports
Last 12
Next reportAround Feb 3, 2027 (est.)Estimated from the same quarter last year
Results filedOct 19
Results filedJul 20
Results filedApr 27
Results filedFeb 4
Results filedOct 20, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days