The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.5.6%
MissDebt under half of equityNot relying on borrowed money.1.75x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.1.1%
MissProfitable every yearSteady profits, not one good year.7 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$247.3M
PassShare count not growingNot diluting owners. Falling means buybacks.-10.8% in 3 years
Revenue
$2.9B
+2.4% vs prior year
5-year growth
+26.8%/yr
revenue, per year
Total debt
$1.3B
1.75x equity
Current ratio
0.79x
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 30
Revenue
$786.3M
+11.2% YoY
Op. margin
1.5%
-1.8 pts
Gross margin
34.2%
-0.8 pts
Free cash flow
$79.2M
Share count
-5.7%
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
1.0
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.6%
Institutions added 1.6% to their holdings. 88 bought, 77 sold. 2 quarters of net buying in a row.
Shares held by institutions105.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-3.7%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
2.2x · $1.5B debt
Shares outstandingLatest reported
244M
Why low risk
High debt: 2.17x equity
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedJul 30
Results filedApr 30
Results filedMar 10
Results filedNov 6, 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.