The checklist Warren Buffett-style investors use. Annual numbers for 2025.
5/6Strong
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.21.6%
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.$848.6M
PassShare count not growingNot diluting owners. Falling means buybacks.-9.0% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.59.4%
Revenue
$4.0B
+4.0% vs prior year
5-year growth
+5.5%/yr
revenue, per year
Total debt
$2.1B
Current ratio
1.14x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 30
Revenue
$1.0B
+4.5% YoY
EPS
$11.55
vs $9.76
Gross margin
63.3%
+4.3 pts
Free cash flow
$282.6M
Share count
-2.8%
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
■Steady+3.2%
Institutions added 3.2% to their holdings. 321 bought, 413 sold.
Shares held by institutions20.5M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-2.9%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
20M
Why low risk
High debt: 159.45x equity
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedJul 30
Results filedMay 7
Results filedFeb 5
Results filedNov 6, 2025
Results filedAug 1, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days