The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.7.0%
MissDebt under half of equityNot relying on borrowed money.0.70x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.0.9%
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.$375.0M
PassShare count not growingNot diluting owners. Falling means buybacks.-4.9% in 3 years
Revenue
$129.7B
+10.1% vs prior year
5-year growth
+10.9%/yr
revenue, per year
Total debt
$12.4B
0.70x equity
Current ratio
2.00x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Mar 31, 2026
Reported Jul 29
Revenue
$39.6B
+23.5% YoY
EPS
$9.83
vs $10.30
Op. margin
4.4%
-1.9 pts
Free cash flow
$1.1B
Share count
-0.2%
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
1.0
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.8%
Institutions added 2.8% to their holdings. 548 bought, 351 sold.
Shares held by institutions118.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-1.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.7x · $12.3B debt
Shares outstandingLatest reported
120M
Earnings reports
Last 12
Next reportAround Nov 4 (est.)Estimated from the same quarter last year
Results filedJul 29
Results filedApr 29
Results filedFeb 11
Results filedNov 5, 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.