The checklist Warren Buffett-style investors use. Annual numbers for 2025.
5/6Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.33.7%
PassDebt under half of equityNot relying on borrowed money.0.22x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.21.4%
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.$58.6M
MissGross margin 40%+Pricing power: sells for well above what it costs to make.22.2%
Revenue
$3.9B
-9.7% vs prior year
5-year growth
-2.7%/yr
revenue, per year
Total debt
$655.1M
0.22x equity
Current ratio
1.23x
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. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Mar 31, 2026
Reported Jul 31
Revenue
$1.1B
-0.5% YoY
Op. margin
3.3%
-2.3 pts
Gross margin
23.0%
0.0 pts
Free cash flow
$116.6M
Insider rating
Last 90 days
47Mixed
Pre-planned sales of $164K (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
2.1
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.4%
Institutions added 3.4% to their holdings. 158 bought, 111 sold.
Shares held by institutions23.7M
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
0.2x · $713.7M debt
Earnings reports
Last 12
Next reportAround Nov 9 (est.)Estimated from the same quarter last year
Results filedJul 31
Results filedMay 1
Results filedFeb 2
Results filedNov 10, 2025
Results filedAug 29, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days