The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.8.1%
MissDebt under half of equityNot relying on borrowed money.1.44x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.11.0%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$344.4M
Revenue
$2.5B
-4.5% vs prior year
5-year growth
+5.9%/yr
revenue, per year
Total debt
$4.9B
1.44x equity
Current ratio
0.61x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Mar 31, 2026
Reported Aug 5
EPS
$4.60
vs $3.51
Free cash flow
$218.2M
Share count
+1.2%
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
0.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.6%
Institutions added 2.6% to their holdings. 203 bought, 182 sold.
Shares held by institutions53.8M
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
1.7x · $5.8B debt
Shares outstandingLatest reported
59M
Earnings reports
Last 12
Next reportAround Nov 13 (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 6
Results filedFeb 3
Results filedNov 14, 2025
Results filedFeb 5, 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.