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.9.3%
PassDebt under half of equityNot relying on borrowed money.0.45x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.9.0%
MissProfitable every yearSteady profits, not one good year.9 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.-14.0% in 3 years
Revenue
$18.5B
+5.4% vs prior year
5-year growth
+8.0%/yr
revenue, per year
Total debt
$8.4B
0.45x equity
Free cash flow
$2.7B
14.6% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 3
Revenue
$4.7B
+3.9% YoY
EPS
$2.16
vs $1.87
Free cash flow
$708.0M
Share count
-1.8%
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
1.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+4.1%
Institutions added 4.1% to their holdings. 382 bought, 314 sold.
Shares held by institutions123.7M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-3.2%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.5x · $8.9B debt
Shares outstandingLatest reported
204M
Earnings reports
Last 12
Next reportIn 6 days (est.)Estimated from the same quarter last year
Results filedAug 3
Results filedMay 4
Results filedFeb 9
Results filedNov 3, 2025
Results filedAug 4, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days