The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.30.4%
MissDebt under half of equityNot relying on borrowed money.0.57x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.18.3%
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.$1.4B
PassShare count not growingNot diluting owners. Falling means buybacks.-3.6% in 3 years
Revenue
$8.3B
+11.1% vs prior year
5-year growth
+9.4%/yr
revenue, per year
Total debt
$3.0B
0.57x equity
Current ratio
2.13x
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 Jun 30, 2026
Reported Aug 6
Revenue
$2.5B
+24.1% YoY
EPS
$1.33
vs $1.00
Op. margin
27.9%
+2.5 pts
Free cash flow
$479.0M
Share count
-1.0%
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
0.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.9%
Institutions added 0.9% to their holdings. 881 bought, 566 sold.
Shares held by institutions364.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-1.1%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.7x · $4.1B debt
Shares outstandingLatest reported
399M
Earnings reports
Last 12
Next reportIn 2 days (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 7
Results filedFeb 12
Results filedOct 30, 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.
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.