The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.11.1%
PassDebt under half of equityNot relying on borrowed money.0.00x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.3.0%
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.$1.2B
PassShare count not growingNot diluting owners. Falling means buybacks.-2.1% in 3 years
Revenue
$26.1B
+11.4% vs prior year
5-year growth
+9.5%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
1.11x
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 Jul 30
Revenue
$6.9B
+10.8% YoY
EPS
$4.59
vs $2.32
Op. margin
4.2%
+1.0 pts
Free cash flow
$488.1M
Share count
-2.9%
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
1.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.4%
Institutions added 0.4% to their holdings. 304 bought, 329 sold.
Shares held by institutions43.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-1.2%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $796.3M debt
Shares outstandingLatest reported
46M
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedJul 30
Results filedApr 30
Results filedFeb 18
Results filedNov 5, 2025
Results filedAug 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days