The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-0.4%
MissDebt under half of equityNot relying on borrowed money.3.24x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-0.3%
MissProfitable every yearSteady profits, not one good year.4 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$1.1B
PassShare count not growingNot diluting owners. Falling means buybacks.-6.5% in 3 years
Revenue
$15.0B
-5.2% vs prior year
5-year growth
+51.4%/yr
revenue, per year
Total debt
$18.7B
3.24x equity
Current ratio
0.42x
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 Feb 24, 2017
Revenue
$3.6B
-4.0% YoY
EPS
$24.12
vs -$1.06
Op. margin
14.3%
+20.0 pts
Free cash flow
-$102.3M
Share count
+22.3%
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
1.7
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.2%
Institutions added 0.2% to their holdings. 412 bought, 325 sold. 4 quarters of net buying in a row.
Shares held by institutions172.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+942.5%
Cash runwayAt last year's cash burn
53 months
Debt to equityLatest balance sheet: debt compared with what owners have
1.1x · $16.0B debt
Shares outstandingLatest reported
352M
Why high risk
Losing money, losses are large next to sales
Share count growing 942.5% a year (dilution)
Debt above equity: 1.13x
Bankruptcy filing
Earnings reports
Last 7
Next reportDue any dayEstimated from the same quarter last year
Results filedFeb 24, 2017
Results filedJan 31, 2017
Results filedJul 20, 2016
Results filedFeb 24, 2016
Results filedFeb 23, 2012
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days