The checklist Warren Buffett-style investors use. Annual numbers for 2025.
5/6Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.21.6%
MissDebt under half of equityNot relying on borrowed money.0.51x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.14.9%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$3.6B
PassShare count not growingNot diluting owners. Falling means buybacks.-2.4% in 3 years
Revenue
$27.4B
+10.3% vs prior year
5-year growth
+9.0%/yr
revenue, per year
Total debt
$9.9B
0.51x equity
Current ratio
1.32x
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 31
Revenue
$8.5B
+21.4% YoY
EPS
$2.11
vs $2.51
Gross margin
33.5%
-3.5 pts
Free cash flow
$874.0M
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
1.1
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.0%
Institutions added 2.0% to their holdings. 1361 bought, 1017 sold.
Shares held by institutions331.5M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-0.9%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.9x · $18.5B debt
Shares outstandingLatest reported
388M
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedJul 31
Results filedMay 5
Results filedFeb 3
Results filedNov 4, 2025
Results filedAug 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.