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.8.9%
PassDebt under half of equityNot relying on borrowed money.0.05x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.42.1%
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.$667.1M
MissShare count not growingNot diluting owners. Falling means buybacks.+6.2% in 3 years
Revenue
$926.2M
+6.6% vs prior year
5-year growth
+7.0%/yr
revenue, per year
Total debt
$200.0M
0.05x equity
Free cash flow
$667.1M
72.0% 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 Jun 30, 2026
Reported Aug 5
Revenue
$244.3M
+7.7% YoY
EPS
$0.52
vs $0.54
Op. margin
62.0%
-4.0 pts
Share count
+1.4%
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+7.1%
Institutions added 7.1% to their holdings. 346 bought, 197 sold. 5 quarters of net buying in a row.
Shares held by institutions190.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.7%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.0x · $4.5B debt
Shares outstandingLatest reported
192M
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedApr 30
Results filedFeb 11
Results filedNov 4, 2025
Results filedAug 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days