The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.5.7%
PassDebt under half of equityNot relying on borrowed money.0.47x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.3%
MissProfitable every yearSteady profits, not one good year.4 of 5 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$4.7B
MissShare count not growingNot diluting owners. Falling means buybacks.+14.8% in 3 years
Revenue
$5.7B
-0.2% vs prior year
Total debt
$2.2B
0.47x equity
Free cash flow
$4.7B
81.7% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Oct 5
Revenue
$1.4B
+4.2% YoY
EPS
-$0.62
vs $0.26
Free cash flow
$1.5B
Share count
-3.0%
vs a year ago
Insider rating
Last 90 days
60Mixed
1 insider bought $5K
Top executive buying (CEO and President)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
0.7
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.4%
Institutions added 2.4% to their holdings. 142 bought, 141 sold.
Shares held by institutions127.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.5x · $2.2B debt
Shares outstandingLatest reported
131M
Earnings reports
Last 12
Next reportAround Feb 18, 2027 (est.)Estimated from the same quarter last year
Results filedOct 5
Results filedAug 5
Results filedJul 8
Results filedMay 6
Results filedFeb 19
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.