The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.5.8%
MissDebt under half of equityNot relying on borrowed money.0.92x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.13.4%
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.$4.6B
MissShare count not growingNot diluting owners. Falling means buybacks.+3.3% in 3 years
Revenue
$13.7B
+3.9% vs prior year
5-year growth
+3.8%/yr
revenue, per year
Total debt
$29.0B
0.92x equity
Current ratio
1.59x
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 Mar 31, 2026
Reported Aug 6
Revenue
$3.4B
-6.9% YoY
EPS
$1.58
vs $1.39
Free cash flow
-$652.0M
Share count
+0.4%
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
▲Accumulating+2.1%
Institutions added 2.1% to their holdings. 610 bought, 528 sold.
Shares held by institutions603.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.0x · $30.8B debt
Shares outstandingLatest reported
654M
Earnings reports
Last 12
Next reportAround Nov 4 (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 7
Results filedFeb 26
Results filedNov 5, 2025
Results filedAug 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days