The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/5Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.192.9%
MissDebt under half of equityNot relying on borrowed money.17.57x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.17.7%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$1.6B
Revenue
$5.0B
+8.3% vs prior year
5-year growth
+8.3%/yr
revenue, per year
Total debt
$3.8B
17.57x equity
Current ratio
0.61x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 30
Revenue
$1.3B
+6.6% YoY
EPS
$1.83
vs $1.41
Op. margin
26.4%
+4.5 pts
Free cash flow
$437.4M
Share count
-7.4%
vs a year ago
Insider rating
Last 90 days
46Mixed
Pre-planned sales of $599K (weaker signal)
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
2.0
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-0.3%
Institutions cut 0.3% from their holdings. 314 bought, 362 sold. 3 quarters of net selling in a row.
Shares held by institutions132.4M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
563.3x · $3.8B debt
Shares outstandingLatest reported
127M
Why low risk
High debt: 563.34x equity
Earnings reports
Last 12
Next reportIn 1 days (est.)Estimated from the same quarter last year
Results filedJul 30
Results filedApr 30
Results filedFeb 24
Results filedOct 30, 2025
Results filedAug 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days