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Retained capitalRetained $1.2B of earnings over 2016–2025; annual owner earnings grew $406M, $0.33 per $1 retained.
Balance sheetNet cash, debt-free, +$1.4B · buybacks at an average near $43.30 · dividend paid 9 of 10 yrs, cut at least once
The same four lines for every company, in strict ticker order; a figure that could not be read
renders as "not read," never as a mark against the record beside it. The entries carry no
ranking and form no score. What an entry cannot carry — understanding of the business, and a
price — is yours.
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