The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/5Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.12.2%
MissDebt under half of equityNot relying on borrowed money.0.63x equity
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.$3.9B
PassShare count not growingNot diluting owners. Falling means buybacks.-3.2% in 3 years
Total debt
$13.6B
0.63x equity
Free cash flow
$3.9B
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: net margin 10%+. A checklist is a starting point for research, not a verdict.
Latest quarter
New results, as stated in the press release
Reported Oct 19Before open6:30 am ET
EPS
$0.90
Revenue and EPS as the company states them. Margins, cash flow and share count fill in with the 10-Q.
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
1
Normal week
1.2
vs normal
0.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.9%
Institutions added 3.9% to their holdings. 659 bought, 486 sold. 5 quarters of net buying in a row.
Shares held by institutions828.7M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+10.0%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.5x · $17.6B debt
Shares outstandingLatest reported
907M
Why moderate risk
Share count growing 10% a year
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Jan 19, 2027 (est.)Estimated from the same quarter last year
Results filedOct 19
Results filedJul 17
Results filedApr 17
Results filedJan 20
Results filedOct 17, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days