The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.2.6%
MissDebt under half of equityNot relying on borrowed money.0.74x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.3.6%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassShare count not growingNot diluting owners. Falling means buybacks.-13.1% in 3 years
Revenue
$10.7B
+5.4% vs prior year
5-year growth
-3.2%/yr
revenue, per year
Total debt
$10.4B
0.74x equity
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: free cash flow positive. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 4
Revenue
$3.4B
+29.1% YoY
EPS
$0.45
vs -$0.90
Op. margin
15.0%
-0.6 pts
Gross margin
34.8%
-1.6 pts
Free cash flow
$468.0M
Share count
-1.5%
vs a year ago
Insider rating
Last 90 days
58Mixed
1 insider bought $58K
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
0.8
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+3.3%
Institutions added 3.3% to their holdings. 395 bought, 496 sold.
Shares held by institutions510.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-4.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.1x · $16.9B debt
Shares outstandingLatest reported
516M
Earnings reports
Last 12
Next reportAround Nov 4 (est.)Estimated from the same quarter last year
Results filedAug 4
Results filedMay 8
Results filedFeb 24
Results filedNov 5, 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.