Assay
Financial-condition grades for SEC filers
Company Report · as of Oct 9, 2026
|
| Advanced Micro Devices Inc.AMD · business equipment | |
|---|---|
| Grade |  A/Bon the A/B boundary of 497 graded peers; percentile 20.2, sampling error 2.2 points; lower is stronger |
| Rank | 101 of 497 |
| Profitability | Cpercentile 56.0 |
| Solvency | A/Bpercentile 21.0 |
| Growth and financing | B/Cpercentile 40.4 |
| Reliability | 0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025 |
| Peer failure rate | 0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025 |
| Size band | over $2.67B assetstotal assets $76.9B[1] |
| Standard universe | insiderevenue above $1M and assets above $10M[1-2] |
| Warnings | none active · fortress balance sheetnot computable: distress |
| Inputs computable | 9 of 14 |
| Graded from | filings received through Feb 4, 2026247 days before the rescan; every figure keyed to the SEC receipt date |
| Last close | $620.832026-10-08; market equity $1.0T; iex feed |
| Price used in grade | None |
| Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history | ||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date. Open this report as it stood on | ||||||||||||||||||||||||||||||||||||||||
Each date opens the report as it stood on that rescan. |
Business, in the company's words. Opening of Item 1 of the 10-K received Feb 4, 2026; the document on sec.gov.
The statements in this report include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations and beliefs and involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. These forward-looking statements speak only as of the date hereof or as of the dates indicated in the statements and should not be relied upon as predictions of future events, as we cannot assure you that the events or circumstances reflected in these statements will be achieved or will occur.
Warnings [top]
7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.
The Fourteen Inputs [top]
Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.
| Input | Percentile, 0 to 100 | Value | Source | Peer median | Percentile | Peers | Period end |
|---|---|---|---|---|---|---|---|
| Profitability, sleeve percentile 56.0 | |||||||
| Gross profitability | 22.3% | [1,5] | 28.5% | 60.5 | 558 | 2025-12-27 | |
| Return on invested capital | not computable | 10.9% | |||||
| latest aligned inputs end 2021-12-25; latest annual assets end 2025-12-27 | |||||||
| Accruals ratio | (4.6%) | [1,6-8] | (7.4%) | 67.3 | 621 | 2025-12-27 | |
| Gross margin stability, five years | 1.8 pts | [2,5,9-16] | 2.4 pts | 40.2 | 429 | 2025-12-27 | |
| Solvency, sleeve percentile 21.0 | |||||||
| Twelve-month failure probability | not computable | 0.05% | |||||
| liabilities and a nearby cover-page share count are required at 2026-06-27 | |||||||
| Altman Z double-prime | not computable | 2.18 | |||||
| one or more required annual facts are missing | |||||||
| Net debt to EBITDA | not computable | 1.11x | |||||
| latest aligned inputs end 2021-12-25; latest annual assets end 2025-12-27 | |||||||
| Interest coverage | 28.20x | [17-18] | 3.77x | 9.0 | 90 | 2025-12-27 | |
| Current ratio | 2.85x | [19-20] | 2.02x | 33.1 | 666 | 2025-12-27 | |
| Growth and financing, sleeve percentile 40.4 | |||||||
| Revenue growth, three-year compound | 13.6% | [2,10,12,14] | 6.4% | 30.0 | 538 | 2025-12-27 | |
| Free cash flow growth, three-year compound | 29.3% | [7,21-27] | 17.2% | 33.0 | 268 | 2025-12-27 | |
| Reinvestment rate | not computable | 14.3% | |||||
| pretax income must exceed the validity floor and imply a 0%-100% tax rate | |||||||
| Asset growth, three years | 4.4% | [1,8,28-29] | 5.0% | 48.6 | 563 | 2025-12-27 | |
| Net share issuance, one year | 0.6% | [30-31] | 0.5% | 50.0 | 407 | 2026-01-30 | |
Gross profitability. Revenue less cost of goods sold, over total assets.
Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.
Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.
Twelve-month failure probability. CHS model; lower is stronger.
Net debt to EBITDA. Lower is stronger.
Net share issuance, one year. Split-adjusted; lower is stronger.
Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.249; sampling error 2.2 percentile points on 497 peers.
Among 497 Peers [top]
Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.
| Rank | Company | Percentile | Letter | Warnings |
|---|---|---|---|---|
| 96 | Cadence Design Systems Inc. (CDNS) Cadence Design Systems Inc. (CDNS) A/Bon the A/B boundary; percentile 19.2 Nasdaq · Services-Prepackaged Software market equity $96.2B; last close $348.93 No active warnings; 8 of 14 inputs | 19.2 | A/B | |
| 97 | Qualys, Inc. (QLYS) Qualys, Inc. (QLYS) A/Bon the A/B boundary; percentile 19.4 Nasdaq · Services-Prepackaged Software market equity $6.7B; last close $193.71 No active warnings; 10 of 14 inputs | 19.4 | A/B | |
| 98 | Grid Dynamics Holdings, Inc. (GDYN) Grid Dynamics Holdings, Inc. (GDYN) A/Bon the A/B boundary; percentile 19.6 Nasdaq · Services-Prepackaged Software market equity $649.8M; last close $8.01 No active warnings; 9 of 14 inputs | 19.6 | A/B | |
| 99 | BlackSky Technology Inc. (BKSY) BlackSky Technology Inc. (BKSY) A/Bon the A/B boundary; percentile 19.8 NYSE · Radio & Tv Broadcasting & Communications Equipment market equity $866.0M; last close $21.08 No active warnings; 7 of 14 inputs | 19.8 | A/B | |
| 100 | Pegasystems Inc. (PEGA) Pegasystems Inc. (PEGA) A/Bon the A/B boundary; percentile 20.0 Nasdaq · Services-Computer Processing & Data Preparation market equity $5.8B; last close $35.52 No active warnings; 9 of 14 inputs | 20.0 | A/B | |
| 101 | Advanced Micro Devices Inc. (AMD) Advanced Micro Devices Inc. (AMD) A/Bon the A/B boundary; percentile 20.2 Nasdaq · Semiconductors & Related Devices market equity $1.0T; last close $620.83 Warnings: fortress balance sheet; 9 of 14 inputs | 20.2 | A/B | fortress balance sheet |
| 102 | UiPath, Inc. (PATH) UiPath, Inc. (PATH) A/Bon the A/B boundary; percentile 20.4 NYSE · Services-Prepackaged Software last close $13.25 No active warnings; 7 of 14 inputs | 20.4 | A/B | |
| 103 | Everpure, Inc. (P) Everpure, Inc. (P) A/Bon the A/B boundary; percentile 20.6 NYSE · Computer Storage Devices market equity $50.2B; last close $150.59 No active warnings; 10 of 14 inputs | 20.6 | A/B | |
| 104 | Novanta Inc. (NOVT) Novanta Inc. (NOVT) A/Bon the A/B boundary; percentile 20.9 Nasdaq · Miscellaneous Electrical Machinery, Equipment & Supplies last close $136.20 Warnings: fortress balance sheet; 9 of 14 inputs | 20.9 | A/B | fortress balance sheet |
| 105 | Novanta Inc. (NOVTU) Novanta Inc. (NOVTU) A/Bon the A/B boundary; percentile 20.9 Nasdaq · Miscellaneous Electrical Machinery, Equipment & Supplies last close $60.23 Warnings: fortress balance sheet; 9 of 14 inputs | 20.9 | A/B | fortress balance sheet |
| 106 | Clear Secure, Inc. (YOU) Clear Secure, Inc. (YOU) A/Bon the A/B boundary; percentile 21.2 NYSE · Services-Prepackaged Software market equity $3.8B; last close $43.07 No active warnings; 7 of 14 inputs | 21.2 | A/B |
| Peer policy | Letter | Percentile | Peers |
|---|---|---|---|
| all graded filers, equal sleeves | A | 12.8 | 2204 |
| sector peers, equal sleeves (the grade) | A/B | 20.2 | 497 |
| same exchange, equal sleeves | A | 15.7 | 1219 |
| sector peers, equal inputs | B | 25.4 | 497 |
Each letter is one fifth of the 497 graded peers, about 99 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.
What the Price Implies [top]
Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.
| Measure | Value | Peer median | Percentile | Reading |
|---|---|---|---|---|
| Twelve-month price change, skipping the latest month | 190.9% | 2.2% | 97 | hotter than 97 of 100 peers |
| Distance from 52-week high | (4.4%) | (30.0%) | 89 | closer to its high than 89 of 100 peers |
| EBIT to enterprise value | 0.4% | 1.5% | 39 | pricier than 61 of 100 peers |
| Free cash flow yield | 0.7% | 2.7% | 29 | pricier than 71 of 100 peers |
| Book value to price | 0.07 | 0.23 | 19 | pricier than 81 of 100 peers |
| Sales to price | 0.03 | 0.30 | 6 | pricier than 94 of 100 peers |
| Composite equity issuance, five years | 29.8% | 3.9% | 80 | more equity-funded than 80 of 100 peers |
| Relative strength against the sector, log excess return | 0.79 | (0.26) | 97 | ahead of 97 of 100 peers |
Inputs: market equity $1.0T; EBIT $3.7B; free cash flow $6.7B; book equity $67.2B; sales $34.6B; debt $1.0M; cash $5.1B[32].
Diagnostics [top]
Diagnostics do not feed the grade.
| Piotroski F-score: 7 of 9, period end 2025-12-27 | ||
|---|---|---|
| Return on assets above zero | 6.3% | ✓ pass[6,8] |
| Operating cash flow above zero | $7.7B | ✓ pass[7] |
| Return on assets improved | 3.8 pts | ✓ pass[6,8,28,33] |
| Operating cash flow exceeds net income | $3.4B | ✓ pass[6-7] |
| Long-term leverage fell | 0.7 pts | ✗ fail[1,8,28,34-35] |
| Current ratio improved | 23.4 pts | ✓ pass[19-20,36-37] |
| No new shares issued | 0.6% | ✗ fail[30-31] |
| Gross margin improved | 0.2 pts | ✓ pass[2,5,9-10] |
| Asset turnover improved | 12.1 pts | ✓ pass[2,8,10,28] |
| Cash, filings, liquidity | |
|---|---|
| Cash and equivalents | $5.1B[38] |
| Operating cash flow, four quarters | $10.1B[7,38-42] |
| Months of runway | not finite |
| trailing operating cash flow is nonnegative, so runway is not finite | |
| Late filings, two years | 0 |
| NT 10-K or NT 10-Q | |
| Days since last periodic filing | 65 |
| 10-Q received Aug 5, 2026 | |
| Median daily dollar volume | $11.8B |
| 63 sessions | |
| Days since newest grade input | 247 |
Downloads [top]
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Sources [top]
Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.
| # | Concept | XBRL tag | Value | Period end | Received | Form | Links |
|---|---|---|---|---|---|---|---|
| 1 | assets | us-gaap:Assets | $76.9B | 2025-12-27 | 2026-02-04 | 10-K | filing · viewer · series |
| 2 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $34.6B | 2025-12-27 | 2026-02-04 | 10-K | filing · viewer · series |
| 3 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $2.5B | 2021-12-25 | 2023-02-27 | 10-K | filing · viewer · series |
| 4 | total debt | us-gaap:LongTermDebt | $1.0M | 2021-12-25 | 2022-02-03 | 10-K | filing · viewer · series |
| 5 | gross profit | us-gaap:GrossProfit | $17.2B | 2025-12-27 | 2026-02-04 | 10-K | filing · viewer · series |
| 6 | net income | us-gaap:NetIncomeLoss | $4.3B | 2025-12-27 | 2026-02-04 | 10-K | filing · viewer · series |
| 7 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $7.7B | 2025-12-27 | 2026-02-04 | 10-K | filing · viewer · series |
| 8 | assets | us-gaap:Assets | $69.2B | 2024-12-28 | 2026-02-04 | 10-K | filing · viewer · series |
| 9 | gross profit | us-gaap:GrossProfit | $12.7B | 2024-12-28 | 2026-02-04 | 10-K | filing · viewer · series |
| 10 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $25.8B | 2024-12-28 | 2026-02-04 | 10-K | filing · viewer · series |
| 11 | gross profit | us-gaap:GrossProfit | $10.5B | 2023-12-30 | 2026-02-04 | 10-K | filing · viewer · series |
| 12 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $22.7B | 2023-12-30 | 2026-02-04 | 10-K | filing · viewer · series |
| 13 | gross profit | us-gaap:GrossProfit | $10.6B | 2022-12-31 | 2025-02-05 | 10-K | filing · viewer · series |
| 14 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $23.6B | 2022-12-31 | 2025-02-05 | 10-K | filing · viewer · series |
| 15 | gross profit | us-gaap:GrossProfit | $7.9B | 2021-12-25 | 2024-01-31 | 10-K | filing · viewer · series |
| 16 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $16.4B | 2021-12-25 | 2024-01-31 | 10-K | filing · viewer · series |
| 17 | operating income | us-gaap:OperatingIncomeLoss | $3.7B | 2025-12-27 | 2026-02-04 | 10-K | filing · viewer · series |
| 18 | interest expense | us-gaap:InterestExpense | $131.0M | 2025-12-27 | 2026-02-04 | 10-K | filing · viewer · series |
| 19 | current assets | us-gaap:AssetsCurrent | $26.9B | 2025-12-27 | 2026-02-04 | 10-K | filing · viewer · series |
| 20 | current liabilities | us-gaap:LiabilitiesCurrent | $9.5B | 2025-12-27 | 2026-02-04 | 10-K | filing · viewer · series |
| 21 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $974.0M | 2025-12-27 | 2026-02-04 | 10-K | filing · viewer · series |
| 22 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $3.0B | 2024-12-28 | 2026-02-04 | 10-K | filing · viewer · series |
| 23 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $636.0M | 2024-12-28 | 2026-02-04 | 10-K | filing · viewer · series |
| 24 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $1.7B | 2023-12-30 | 2026-02-04 | 10-K | filing · viewer · series |
| 25 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $546.0M | 2023-12-30 | 2026-02-04 | 10-K | filing · viewer · series |
| 26 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $3.6B | 2022-12-31 | 2025-02-05 | 10-K | filing · viewer · series |
| 27 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $450.0M | 2022-12-31 | 2025-02-05 | 10-K | filing · viewer · series |
| 28 | assets | us-gaap:Assets | $67.9B | 2023-12-30 | 2025-02-05 | 10-K | filing · viewer · series |
| 29 | assets | us-gaap:Assets | $67.6B | 2022-12-31 | 2024-01-31 | 10-K | filing · viewer · series |
| 30 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 1,630,410,843 | 2026-01-30 | 2026-02-04 | 10-K/A | filing · viewer · series |
| 31 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 1,620,477,962 | 2025-01-30 | 2025-02-05 | 10-K | filing · viewer · series |
| 32 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 1,632,475,042 | 2026-07-29 | 2026-08-05 | 10-Q | filing · viewer · series |
| 33 | net income | us-gaap:NetIncomeLoss | $1.6B | 2024-12-28 | 2026-02-04 | 10-K | filing · viewer · series |
| 34 | long term debt | us-gaap:LongTermDebtNoncurrent | $2.3B | 2025-12-27 | 2026-02-04 | 10-K | filing · viewer · series |
| 35 | long term debt | us-gaap:LongTermDebtNoncurrent | $1.7B | 2024-12-28 | 2026-02-04 | 10-K | filing · viewer · series |
| 36 | current assets | us-gaap:AssetsCurrent | $19.0B | 2024-12-28 | 2026-02-04 | 10-K | filing · viewer · series |
| 37 | current liabilities | us-gaap:LiabilitiesCurrent | $7.3B | 2024-12-28 | 2026-02-04 | 10-K | filing · viewer · series |
| 38 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $5.1B | 2026-06-27 | 2026-08-05 | 10-Q | filing · viewer · series |
| 39 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $5.3B | 2026-06-27 | 2026-08-05 | 10-Q | filing · viewer · series |
| 40 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $3.0B | 2026-03-28 | 2026-05-06 | 10-Q | filing · viewer · series |
| 41 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $5.1B | 2025-09-27 | 2025-11-05 | 10-Q | filing · viewer · series |
| 42 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $3.0B | 2025-06-28 | 2026-08-05 | 10-Q | filing · viewer · series |
Limitations [top]
Grade boundary. Percentile 20.2 is 0.2 points from the nearest band edge; sampling error is 2.2 points.
Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.
Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.
Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.
Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.
Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.
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