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.8.3%
PassDebt under half of equityNot relying on borrowed money.0.27x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.1%
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.$28.2M
PassShare count not growingNot diluting owners. Falling means buybacks.-11.1% in 3 years
Revenue
$34.2B
-3.5% vs prior year
5-year growth
+8.7%/yr
revenue, per year
Total debt
$5.9B
0.27x equity
Free cash flow
$28.2M
0.1% of revenue
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 Aug 31, 2026
Reported Sep 16
Revenue
$8.0B
-8.7% YoY
EPS
$1.19
vs $2.29
Free cash flow
-$96.3M
Share count
-7.0%
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
1.9
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+4.7%
Institutions added 4.7% to their holdings. 497 bought, 407 sold. 2 quarters of net buying in a row.
Shares held by institutions213.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-5.6%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.3x · $5.9B debt
Shares outstandingLatest reported
238M
Earnings reports
Last 12
Next reportAround Dec 15 (est.)Estimated from the same quarter last year
Results filedSep 16
Results filedJun 11
Results filedMar 12
Results filedDec 16, 2025
Results filedSep 19, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days