The checklist Warren Buffett-style investors use. Annual numbers for 2025.
6/6Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.31.9%
PassDebt under half of equityNot relying on borrowed money.0.24x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.22.8%
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.$901.2M
PassShare count not growingNot diluting owners. Falling means buybacks.-14.2% in 3 years
Revenue
$3.3B
+6.6% vs prior year
5-year growth
+8.2%/yr
revenue, per year
Total debt
$595.3M
0.24x equity
Free cash flow
$901.2M
27.4% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 5
Revenue
$865.1M
+9.0% YoY
EPS
$6.45
vs $5.40
Free cash flow
$193.8M
Share count
-5.1%
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-1.7%
Institutions cut 1.7% from their holdings. 248 bought, 222 sold. 2 quarters of net selling in a row.
Shares held by institutions29.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-4.9%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.2x · $595.7M debt
Shares outstandingLatest reported
31M
Earnings reports
Last 12
Next reportAround Nov 4 (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 6
Results filedFeb 11
Results filedNov 5, 2025
Results filedAug 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days