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.21.6%
MissDebt under half of equityNot relying on borrowed money.2.42x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.8.3%
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.$2.7B
PassShare count not growingNot diluting owners. Falling means buybacks.-9.0% in 3 years
Revenue
$16.3B
+5.9% vs prior year
5-year growth
+7.5%/yr
revenue, per year
Total debt
$15.7B
2.42x equity
Current ratio
0.75x
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 Sep 30, 2026
Reported Oct 27Before open7:08 am ET
Revenue
$4.4B
+8.0% YoY
EPS
$2.10
vs $1.93
Op. margin
12.9%
-0.6 pts
Free cash flow
$667.0M
Share count
-2.7%
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
1
Normal week
1.2
vs normal
0.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.6%
Institutions added 0.6% to their holdings. 520 bought, 533 sold.
Shares held by institutions156.9M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-3.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
2.5x · $15.8B debt
Shares outstandingLatest reported
167M
Why low risk
High debt: 2.55x equity
Earnings reports
Last 12
Next reportAround Feb 4, 2027 (est.)Estimated from the same quarter last year
Results filedOct 27
Results filedJul 28
Results filedMay 5
Results filedFeb 5
Results filedOct 28, 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.