The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.6.7%
MissDebt under half of equityNot relying on borrowed money.0.59x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.11.0%
MissProfitable every yearSteady profits, not one good year.7 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$4.1B
PassShare count not growingNot diluting owners. Falling means buybacks.-0.2% in 3 years
Revenue
$21.6B
-4.9% vs prior year
5-year growth
+3.9%/yr
revenue, per year
Total debt
$21.4B
0.59x equity
Current ratio
0.94x
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 Jun 30, 2026
Reported Oct 13
Revenue
$8.1B
+53.4% YoY
EPS
$2.75
vs $0.26
Free cash flow
$2.7B
Share count
+0.2%
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
0.7
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+4.8%
Institutions added 4.8% to their holdings. 621 bought, 547 sold. 2 quarters of net buying in a row.
Shares held by institutions835.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+4.0%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.3x · $12.8B debt
Shares outstandingLatest reported
1000M
Earnings reports
Last 12
Next reportAround Jan 19, 2027 (est.)Estimated from the same quarter last year
Results filedOct 13
Results filedAug 5
Results filedJul 10
Results filedMay 5
Results filedApr 10
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.