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.14.1%
MissDebt under half of equityNot relying on borrowed money.38.12x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.49.6%
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.$24.0B
PassShare count not growingNot diluting owners. Falling means buybacks.0.0% in 3 years
Revenue
$29.0B
-0.4% vs prior year
5-year growth
+2.7%/yr
revenue, per year
Total debt
$4155.9B
38.12x equity
Free cash flow
$24.0B
82.8% 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 Mar 31, 2026
Reported Jul 29
Revenue
$7.3B
+2.8% YoY
EPS
$0.01
vs $0.00
Free cash flow
$16.5B
Share count
0.0%
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+46.6%
Institutions added 46.6% to their holdings. 11 bought, 3 sold. 3 quarters of net buying in a row.
Shares held by institutions1.1M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
0.0%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
36.9x · $4152.2B debt
Shares outstandingLatest reported
1.2B
Why low risk
High debt: 36.85x equity
Earnings reports
Last 9
Next reportIn 1 days (est.)Estimated from the same quarter last year
Results filedJul 29
Results filedApr 29
Results filedFeb 11
Results filedOct 29, 2025
Results filedJul 30, 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.