The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.13.2%
MissDebt under half of equityNot relying on borrowed money.1.08x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.16.4%
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.$4.3B
PassShare count not growingNot diluting owners. Falling means buybacks.-15.3% in 3 years
Revenue
$21.2B
+3.6% vs prior year
5-year growth
+7.4%/yr
revenue, per year
Total debt
$27.8B
1.08x equity
Current ratio
1.03x
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 Aug 6
Revenue
$5.3B
-4.1% YoY
EPS
$1.17
vs $1.86
Op. margin
19.2%
-11.5 pts
Free cash flow
$985.0M
Share count
-3.4%
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
43/ 100
This week
1
Normal week
1.3
vs normal
0.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+5.2%
Institutions added 5.2% to their holdings. 474 bought, 696 sold.
Shares held by institutions489.1M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-4.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.0x · $26.7B debt
Shares outstandingLatest reported
532M
Earnings reports
Last 12
Next reportIn 1 days (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 5
Results filedFeb 10
Results filedOct 29, 2025
Results filedJul 23, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days