The checklist Warren Buffett-style investors use. Annual numbers for 2025.
5/6Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.18.3%
MissDebt under half of equityNot relying on borrowed money.1.15x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.11.2%
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.$2.4B
PassShare count not growingNot diluting owners. Falling means buybacks.-1.5% in 3 years
Revenue
$19.0B
+3.3% vs prior year
5-year growth
+9.6%/yr
revenue, per year
Total debt
$13.7B
1.15x equity
Current ratio
0.64x
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 Aug 6
Revenue
$5.1B
+4.0% YoY
EPS
$1.84
vs $1.75
Op. margin
17.8%
+0.2 pts
Gross margin
49.5%
-0.3 pts
Free cash flow
$761.0M
Share count
-1.8%
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
3.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.6%
Institutions added 0.6% to their holdings. 603 bought, 598 sold.
Shares held by institutions181.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-1.1%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.1x · $13.5B debt
Shares outstandingLatest reported
306M
Earnings reports
Last 12
Next reportIn 1 days (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 7
Results filedFeb 17
Results filedOct 30, 2025
Results filedJul 29, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days