GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME

MORN · Jun 30, 2026

Morningstar, Inc.. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.

STATE CAPABILITYLEVEL 3[email protected]

Inspectable configuration

State dimensions

Filing0001289419-26-000041General Corporate

Debt relative to revenueRAWCurrent state valid · history insufficient

Evidence method

Level · gp.fundamentals.debt_to_revenue

255.59% · OPTIONAL · NOT_ENOUGH_HISTORY

Capex intensityRAWCurrent state valid · history insufficient

Evidence method

Level · gp.fundamentals.capex_revenue_ratio

5.01% · OPTIONAL · NOT_ENOUGH_HISTORY

Operating cash generationRAWCurrent state valid · history insufficient

Evidence method

Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue

23.48% · OPTIONAL · NOT_ENOUGH_HISTORY

Revenue growthRAWCurrent state valid · history insufficient

Evidence method

Yoy · gp.fundamentals.revenue

9.60% · CORE · NOT_ENOUGH_HISTORY

Gross marginRAWCurrent state valid · history insufficient

Evidence method

Level · gp.fundamentals.gross_margin

63.92% · CORE · NOT_ENOUGH_HISTORY

Operating marginRAWCurrent state valid · history insufficient

Evidence method

Level · gp.fundamentals.operating_margin

24.22% · CORE · NOT_ENOUGH_HISTORY

SBC intensityRAWCurrent state valid · history insufficient

Evidence method

Level · gp.fundamentals.sbc_revenue_ratio

4.12% · OPTIONAL · NOT_ENOUGH_HISTORY

As-filed lineage

Fundamental state history

Each observation is tied to the filing and facts available at that report date. Amendments remain separate.

History6 statesHistory building

Mar 31, 20250/6 normalizedLevel 3 Jun 30, 20250/6 normalizedLevel 3 Sep 30, 20250/6 normalizedLevel 3 Dec 31, 20250/5 normalizedLevel 3 Mar 31, 20260/7 normalizedLevel 3 Jun 30, 20260/7 normalizedLevel 3

Period transition

What moved in the state?

Balance Sheet Leverage Decreased

Previous: 262.81%
Current: 255.59%
Delta: -7.22%

Capex Intensity Decreased

Previous: 5.88%
Current: 5.01%
Delta: -0.87%

Cash Generation Increased

Previous: 14.19%
Current: 23.48%
Delta: 9.29%

Growth Decreased

Previous: 10.81%
Current: 9.60%
Delta: -1.21%

Margin Increased

Previous: 62.95%
Current: 63.92%
Delta: 0.97%

Profitability Increased

Previous: 24.18%
Current: 24.22%
Delta: 0.04%

Sbc Intensity Increased

Previous: 1.67%
Current: 4.12%
Delta: 2.44%

Self-history only

Previous similar states

Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.

Not enough compatible prior states for a transparent self-history match.

Research Graph

Related governed research

Compared To · Investment Advice peers →Has State · Morningstar, Inc. →Transitioned To · MORN PROFITABILITY_INCREASED →Transitioned To · MORN SBC_INTENSITY_INCREASED →Transitioned To · MORN Fundamental State →Transitioned To · MORN BALANCE_SHEET_LEVERAGE_DECREASED →Transitioned To · MORN CAPEX_INTENSITY_DECREASED →Transitioned To · MORN CASH_GENERATION_INCREASED →Transitioned To · MORN GROWTH_DECREASED →Transitioned To · MORN MARGIN_INCREASED →

Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.