The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.19.3%
MissDebt under half of equityNot relying on borrowed money.0.96x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.2%
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.$183.0M
PassShare count not growingNot diluting owners. Falling means buybacks.-13.3% in 3 years
Revenue
$1.7B
+11.7% vs prior year
5-year growth
+14.3%/yr
revenue, per year
Total debt
$509.7M
0.96x equity
Current ratio
1.17x
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 28
Revenue
$451.8M
+11.8% YoY
EPS
$1.34
vs $1.33
Op. margin
8.1%
0.0 pts
Free cash flow
-$167.8M
Share count
-5.8%
vs a year ago
Insider rating
Last 90 days
50Mixed
Pre-planned sales of $14K (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
1.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-8.0%
Institutions cut 8.0% from their holdings. 112 bought, 167 sold. 2 quarters of net selling in a row.
Shares held by institutions15.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-5.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
2.1x · $854.7M debt
Shares outstandingLatest reported
16M
Why low risk
High debt: 2.15x equity
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedJul 28
Results filedMay 5
Results filedFeb 24
Results filedOct 28, 2025
Results filedJul 31, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.