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.17.0%
MissDebt under half of equityNot relying on borrowed money.1.19x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.21.7%
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.-$1.1B
PassShare count not growingNot diluting owners. Falling means buybacks.-25.8% in 3 years
Revenue
$5.1B
+10.1% vs prior year
5-year growth
+28.5%/yr
revenue, per year
Total debt
$8.1B
1.19x equity
Current ratio
0.80x
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 Aug 5
Revenue
$530.9M
+3.1% YoY
EPS
$0.37
vs $0.38
Op. margin
36.4%
+0.4 pts
Free cash flow
$323.6M
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
32/ 100
This week
1
Normal week
2.0
vs normal
0.5x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.6%
Institutions added 3.6% to their holdings. 322 bought, 300 sold.
Shares held by institutions224.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+2.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.2x · $8.5B debt
Shares outstandingLatest reported
284M
Earnings reports
Last 12
Next reportAround Nov 4 (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 7
Results filedFeb 26
Results filedNov 5, 2025
Results filedAug 1, 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.