The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/5Mixed
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.12.1%
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$2.0B
PassShare count not growingNot diluting owners. Falling means buybacks.-14.1% in 3 years
Revenue
$12.0B
+7.7% vs prior year
5-year growth
+22.8%/yr
revenue, per year
Total debt
$12.3B
Current ratio
0.66x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Sep 30, 2026
Reported Oct 27Before open6:01 am ET
Revenue
$3.3B
+6.6% YoY
EPS
$2.37
vs $1.78
Op. margin
27.3%
+2.4 pts
Free cash flow
$689.0M
Share count
-4.6%
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
4
Normal week
1.2
vs normal
3.2x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-1.3%
Institutions cut 1.3% from their holdings. 677 bought, 499 sold. 3 quarters of net selling in a row.
Shares held by institutions214.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-4.6%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
223M
Earnings reports
Last 12
Next reportAround Feb 10, 2027 (est.)Estimated from the same quarter last year
Results filedOct 27
Results filedJul 28
Results filedApr 28
Results filedFeb 11
Results filedOct 22, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days