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.4.6%
PassDebt under half of equityNot relying on borrowed money.0.03x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.3%
MissProfitable every yearSteady profits, not one good year.6 of 8 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$3.4B
PassShare count not growingNot diluting owners. Falling means buybacks.-5.9% in 3 years
Revenue
$17.4B
+2.9% vs prior year
5-year growth
+4.1%/yr
revenue, per year
Total debt
$782.0M
0.03x equity
Current ratio
1.43x
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
$6.4B
-1.2% YoY
EPS
$1.73
vs $1.92
Gross margin
57.4%
+2.8 pts
Free cash flow
-$588.0M
Share count
-1.9%
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
2.7
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.2%
Institutions added 3.2% to their holdings. 626 bought, 619 sold.
Shares held by institutions594.5M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-2.0%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $1.7B debt
Shares outstandingLatest reported
667M
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedJul 30
Results filedMay 5
Results filedFeb 3
Results filedNov 4, 2025
Results filedOct 1, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days