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.9.7%
PassDebt under half of equityNot relying on borrowed money.0.42x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.5.0%
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.$4.1B
PassShare count not growingNot diluting owners. Falling means buybacks.-1.3% in 3 years
Revenue
$23.7B
+7.2% vs prior year
5-year growth
+10.2%/yr
revenue, per year
Total debt
$5.7B
0.42x equity
Free cash flow
$4.1B
17.3% 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 6
Revenue
$6.6B
+18.5% YoY
EPS
$7.01
vs $2.70
Free cash flow
-$484.0M
Share count
-1.5%
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
65/ 100
This week
1
Normal week
0.6
vs normal
1.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.5%
Institutions added 1.5% to their holdings. 301 bought, 251 sold.
Shares held by institutions64.9M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-0.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.4x · $5.7B debt
Shares outstandingLatest reported
65M
Earnings reports
Last 12
Next reportIn 1 days (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 7
Results filedFeb 5
Results filedOct 30, 2025
Results filedJul 31, 2025
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.