The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.16.6%
MissDebt under half of equityNot relying on borrowed money.0.87x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.10.6%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$908.3M
PassShare count not growingNot diluting owners. Falling means buybacks.-18.2% in 3 years
Revenue
$4.1B
+15.0% vs prior year
5-year growth
+13.8%/yr
revenue, per year
Total debt
$2.4B
0.87x equity
Current ratio
0.65x
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 Jul 23
Revenue
$1.1B
+6.5% YoY
EPS
$2.54
vs $2.91
Op. margin
14.1%
-2.3 pts
Free cash flow
$283.9M
Share count
-4.2%
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
0.8
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-1.0%
Institutions cut 1.0% from their holdings. 173 bought, 199 sold. 2 quarters of net selling in a row.
Shares held by institutions36.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-2.7%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.8x · $2.3B debt
Shares outstandingLatest reported
39M
Earnings reports
Last 12
Next reportIn 1 days (est.)Estimated from the same quarter last year
Results filedJul 23
Results filedApr 23
Results filedJan 29
Results filedOct 30, 2025
Results filedJul 24, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days