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.7.6%
PassDebt under half of equityNot relying on borrowed money.0.07x equity
PassProfitable every yearSteady profits, not one good year.10 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$38.7M
PassShare count not growingNot diluting owners. Falling means buybacks.-11.2% in 3 years
Total debt
$148.6M
0.07x equity
Free cash flow
-$38.7M
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
Quarter ended Sep 30, 2026
Reported Oct 22After close4:30 pm ET
EPS
$0.44
vs $0.74
Free cash flow
$503.6M
Share count
-8.1%
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
53/ 100
This week
3
Normal week
2.7
vs normal
1.1x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-3.6%
Institutions cut 3.6% from their holdings. 104 bought, 104 sold.
Shares held by institutions32.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-4.5%
Cash runwayAt last year's cash burn
379 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $148.8M debt
Shares outstandingLatest reported
57M
Earnings reports
Last 12
Next reportAround Jan 28, 2027 (est.)Estimated from the same quarter last year
Results filedOct 22
Results filedJul 23
Results filedApr 23
Results filedJan 29
Results filedOct 23, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days