Methodology

Every company figure on StockIQpro comes from the annual reports (Form 10-K) companies file with the U.S. Securities and Exchange Commission, read from the XBRL data SEC publishes on EDGAR. We do not estimate, adjust or fill in numbers. Prices and charts are TradingView widgets and are not part of this data.

Which numbers we use

• Only annual reports (10-K and amended 10-K). Quarterly reports are not used for annual figures.
• A figure belongs to the fiscal year whose period it covers, labelled the way the company labels it. Walmart's year ending January 2025 is its fiscal 2025; Target's year ending February 2025 is its fiscal 2024.
• Income and cash-flow figures must cover a full year (350 to 380 days, which allows 52/53-week years).
• When a company restates a year in a later report, we show the most recently filed figure.
• Companies change the labels they file under (many changed their revenue label in 2018). We check a fixed list of labels in order, year by year, and record which one each figure came from.
• If a company did not report a figure, we show "n/a". We never treat a missing figure as zero.
• We show up to ten fiscal years. Years before a change in fiscal year-end are left out.

Definitions

• Revenue: total revenues; for banks, total net revenue.
• Gross profit: as reported, or revenue minus cost of revenue when not reported directly.
• Free cash flow: cash from operations minus purchases of property and equipment.
• Total debt: long-term debt including its current portion, plus short-term borrowings or commercial paper. Lease liabilities are excluded.
• Revenue growth: latest fiscal year over the one before. 5-year CAGR: compound annual growth over five fiscal years.
• Gross, operating and net margin: each profit line divided by revenue.
• ROIC: operating income after tax, divided by average invested capital (debt plus equity minus cash) over the latest two year-ends. Tax uses the company's effective rate, limited to 0 to 50%, or 21% when pretax income is zero or negative.
• Return on equity: net income divided by average shareholders' equity over the latest two year-ends.
• Debt / equity: total debt divided by shareholders' equity; not shown when equity is negative.
• Share count change: change in the weighted-average diluted share count.

Banks and insurers

For banks, credit companies, brokers and insurers (SEC industry codes 6000 to 6499) we do not show gross or operating margin, ROIC, debt to equity or free cash flow. Their statements are not built around those measures and the numbers would mislead.

Peers and summaries

Peers are companies in the same SEC industry classification closest in latest annual revenue. The two-sentence summary at the top of each stock page is generated from the same figures, and a comparison such as "highest in five years" appears only when the data shows it.

Updates and corrections

Data is refreshed from EDGAR after companies file. Each stock page shows the filing date of the annual report it uses. If you find a figure that does not match a filing, please tell us so we can correct it.

StockIQpro publishes general financial information, not investment advice.