The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.12.3%
MissDebt under half of equityNot relying on borrowed money.0.78x equity
PassProfitable every yearSteady profits, not one good year.5 of 5 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$916.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+103.3% in 3 years
Total debt
$6.3B
0.78x equity
Free cash flow
-$916.0M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Oct 1
EPS
$0.33
vs $0.43
Free cash flow
-$316.7M
Share count
-0.9%
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+12.6%
Institutions added 12.6% to their holdings. 148 bought, 48 sold. 5 quarters of net buying in a row.
Shares held by institutions200.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+31.2%
Cash runwayAt last year's cash burn
3 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.9x · $7.2B debt
Shares outstandingLatest reported
458M
Why moderate risk
Share count growing 31.2% a year (dilution)
Earnings reports
Last 12
Next reportAround Jan 6, 2027 (est.)Estimated from the same quarter last year
Results filedOct 1
Results filedAug 5
Results filedJul 1
Results filedMay 6
Results filedApr 1
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.