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.21.7%
MissDebt under half of equityNot relying on borrowed money.1.33x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.17.3%
MissProfitable every yearSteady profits, not one good year.6 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$1.8B
PassGross margin 40%+Pricing power: sells for well above what it costs to make.48.3%
Revenue
$9.8B
-11.0% vs prior year
5-year growth
+0.8%/yr
revenue, per year
Total debt
$10.3B
1.33x equity
Current ratio
1.34x
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. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Aug 31, 2026
Reported Oct 6
Revenue
$2.6B
+6.1% YoY
Op. margin
30.6%
-4.6 pts
Gross margin
52.9%
+0.1 pts
Free cash flow
$639.9M
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
■Steady+0.4%
Institutions added 0.4% to their holdings. 393 bought, 557 sold.
Shares held by institutions144.8M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.2x · $10.2B debt
Why low risk
Revenue down 10.5% from the year before
Earnings reports
Last 12
Next reportAround Jan 6, 2027 (est.)Estimated from the same quarter last year
Results filedOct 6
Results filedJun 30
Results filedApr 8
Results filedJan 7
Results filedOct 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days