The checklist Warren Buffett-style investors use. Annual numbers for 2025.
5/6Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.26.2%
PassDebt under half of equityNot relying on borrowed money.0.06x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.16.5%
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.$366.2M
PassShare count not growingNot diluting owners. Falling means buybacks.-11.6% in 3 years
Revenue
$1.7B
+8.6% vs prior year
5-year growth
+10.7%/yr
revenue, per year
Total debt
$73.1M
0.06x equity
Current ratio
0.67x
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
$615.9M
+17.5% YoY
EPS
$0.98
vs $0.65
Op. margin
36.3%
-0.6 pts
Gross margin
38.6%
-0.9 pts
Free cash flow
$83.8M
Share count
-4.7%
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
0
Normal week
0.9
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-5.1%
Institutions cut 5.1% from their holdings. 154 bought, 197 sold.
Shares held by institutions133.7M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-4.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $164.5M debt
Shares outstandingLatest reported
138M
Earnings reports
Last 12
Next reportIn 1 days (est.)Estimated from the same quarter last year
Results filedJul 30
Results filedApr 30
Results filedFeb 19
Results filedOct 30, 2025
Results filedJul 31, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days