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.16.2%
MissDebt under half of equityNot relying on borrowed money.0.64x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.17.4%
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.$661.1M
PassShare count not growingNot diluting owners. Falling means buybacks.-2.3% in 3 years
Revenue
$2.8B
+3.8% vs prior year
5-year growth
+5.6%/yr
revenue, per year
Total debt
$2.0B
0.64x equity
Current ratio
2.72x
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 Jul 31, 2026
Reported Aug 19
Revenue
$817.7M
+10.3% YoY
EPS
$2.73
vs $2.22
Op. margin
27.3%
+2.0 pts
Gross margin
55.5%
+0.7 pts
Free cash flow
$236.8M
Share count
-1.2%
vs a year ago
Insider rating
Last 90 days
41Mixed
1 insider sold $83K (not pre-planned)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
46/ 100
This week
1
Normal week
1.1
vs normal
0.9x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.5%
Institutions added 3.5% to their holdings. 386 bought, 285 sold.
Shares held by institutions42.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-0.8%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.5x · $1.7B debt
Shares outstandingLatest reported
56M
Earnings reports
Last 12
Next reportAround Dec 9 (est.)Estimated from the same quarter last year
Results filedAug 19
Results filedMay 20
Results filedFeb 18
Results filedDec 10, 2025
Results filedAug 20, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.