Azenta, Inc. (AZTA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AZTA SEC filings page.
Azenta, Inc. (AZTA) reported $613.8M in revenue over the twelve months to Jun 30, 2026, up 4.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Azenta’s FY2025 results show a leaner cost structure converting modest sales growth into better cash generation, though operations remain unprofitable.
Gross margin expanded from44.4% in FY2024 to45.5% in FY2025. With SG&A nearly flat at$261.6M , the improvement in operating margin from-8.9% to-4.5% indicates that more gross profit reached operations through cost absorption or mix, rather than revenue growth alone.
Even with a net loss of
Debt-to-equity was 0.2 while the current ratio fell from 4.0 to 3.0, indicating less excess short-term liquidity without a debt-heavy funding model. Capital allocation also changed materially: buybacks occurred in FY2023 and FY2024, but none were reported in FY2025.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Azenta, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Azenta, Inc. has an operating margin of -4.5%, meaning the company loses $5 on every $100 of revenue. This results in a profitability score of 22/100. This is up from -8.9% the prior year.
Azenta, Inc.'s revenue grew a modest 3.6% year-over-year to $593.8M. This slow but positive growth earns a score of 44/100.
Azenta, Inc. carries a low D/E ratio of 0.19, meaning only $0.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 75/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.98, Azenta, Inc. holds $2.98 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 78/100.
Azenta, Inc. has a free cash flow margin of 6.5%, earning a moderate score of 35/100. The company generates positive cash flow after capital investments, but with room for improvement.
Azenta, Inc. posts a -3.2% return on equity (ROE), meaning it loses $3 for every $100 of shareholders' equity. This results in a returns score of 38/100. This is up from -9.3% the prior year.
Azenta, Inc. scores 4.48, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.7B) relative to total liabilities ($332.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Azenta, Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Azenta, Inc. reported a net loss of $55.8M while generating $72.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Azenta, Inc. generated $161.2M in revenue in Q3 2026. This represents an increase of 12.0% from the same quarter a year earlier. Against the prior quarter it is up 11.3%.
Azenta, Inc.'s EBITDA was $9.4M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 27.0% from the same quarter a year earlier. Against the prior quarter it is up 106.2%.
Azenta, Inc. reported $2.5M in net income in Q3 2026. This represents an increase of 105.1% from the same quarter a year earlier. Against the prior quarter it is up 101.5%.
Azenta, Inc. earned $0.05 per diluted share (EPS) in Q3 2026. This represents an increase of 104.8% from the same quarter a year earlier. Against the prior quarter it is up 101.4%.
Cash & Balance Sheet
Azenta, Inc. recorded an outflow of $5.2M in free cash flow in Q3 2026, representing a cash shortfall after capex. This represents a decrease of 134.7% from the same quarter a year earlier. Against the prior quarter it is down 185.0%.
Azenta, Inc. held $189.7M in cash as of Q3 2026; long-term debt is not reported for that period.
Not reported for Q3 2026.
Margins & Returns
Azenta, Inc.'s gross margin was 44.9% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.1 percentage points.
Azenta, Inc.'s operating margin was -2.6% in Q3 2026, reflecting core business profitability. This is down 1.3 percentage points from the same quarter a year earlier.
Azenta, Inc.'s net profit margin was 1.5% in Q3 2026, showing the share of revenue converted to profit. This is up 34.9 percentage points from the same quarter a year earlier.
Azenta, Inc.'s ROE was 0.2% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 3.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.5 percentage points.
Capital Allocation
Azenta, Inc. invested $8.9M in research and development in Q3 2026. This represents an increase of 19.4% from the same quarter a year earlier. Against the prior quarter it is down 6.1%.
Azenta, Inc. invested $6.6M in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 38.7% from the same quarter a year earlier. Against the prior quarter it is down 10.3%.
Not reported for Q3 2026.
AZTA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $161.2M+12.0% | $144.8M+1.0% | $148.6M+0.8% | $159.2M+5.7% | $143.9M-0.3% | $143.3M+5.1% | $147.4M+3.7% | $150.6M+156.3% |
| Cost of Revenue | $88.8M+14.7% | $82.8M+2.7% | $84.9M+8.0% | $86.9M+5.8% | $77.5M-2.8% | $80.6M+5.2% | $78.6M-2.3% | $82.1M+459.9% |
| Gross Profit | $72.4M+9.0% | $62.0M-1.2% | $63.7M-7.4% | $72.3M+5.5% | $66.4M+2.8% | $62.8M+5.0% | $68.8M+11.4% | $68.5M+55.3% |
| R&D Expenses | $8.9M+19.4% | $9.4M+24.1% | $9.2M+29.2% | $8.3M+9.5% | $7.4M-2.3% | $7.6M-9.6% | $7.1M-10.9% | $7.5M+5.9% |
| SG&A Expenses | $67.2M+11.8% | $67.9M-2.7% | $60.6M-13.4% | $61.7M-4.7% | $60.1M-3.7% | $69.8M+2.7% | $70.0M+3.1% | $64.7M+189.2% |
| Operating Income | -$4.2M-125.8% | -$165.8M-811.2% | -$7.2M+16.8% | $1.9M+141.0% | -$1.9M+74.0% | -$18.2M+26.3% | -$8.7M+41.5% | -$4.6M+2.3% |
| EBITDA | $9.4M-27.0% | -$151.8M-3479.1% | $6.4M-31.8% | $16.3M-15.0% | $12.9M-17.4% | -$4.2M-81.9% | $9.4M+34.2% | $19.2M+10.4% |
| Income Tax | $2.4M-9.9% | -$323K-104.5% | $3.1M-19.2% | -$45.4M-2327.6% | $2.6M+359.9% | $7.2M+460.6% | $3.9M+189.1% | $2.0M+171.2% |
| Net Income | $2.5M+105.1% | -$160.8M-237.4% | -$15.4M-40.4% | $50.9M+866.3% | -$48.0M-632.2% | -$47.7M+65.3% | -$11.0M+22.9% | -$6.6M-321.6% |
| EPS (Basic) | $0.05+104.8% | -$3.49-235.6% | -$0.34-36.0% | $1.11+892.9% | -$1.05-775.0% | -$1.04+58.1% | -$0.250.0% | -$0.14-450.0% |
| EPS (Diluted) | $0.05+104.8% | -$3.49-235.6% | -$0.34-36.0% | $1.11+892.9% | -$1.05-775.0% | -$1.04+58.1% | -$0.250.0% | -$0.14 |
| Diluted Shares (Avg) | 45M-1.1% | 46M+0.7% | 46M+0.7% | 46M-4.3% | 46M-13.6% | 46M-17.5% | 46M-19.5% | 48M |
Not reported in any period shown, so not listed: Interest Expense.
AZTA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.9B-7.1% | $1.9B-6.4% | $2.1B+1.6% | $2.1B-1.9% | $2.0B-13.1% | $2.0B-20.7% | $2.0B-27.7% | $2.1B-27.2% |
| Current Assets | $681.4M+0.4% | $727.0M+2.3% | $779.9M-8.0% | $708.3M-15.0% | $678.3M-29.9% | $710.4M-40.3% | $847.8M-38.7% | $833.0M-41.3% |
| Cash & Equivalents | $189.7M-29.8% | $234.0M-7.7% | $336.6M-10.8% | $279.8M-0.1% | $270.0M-19.8% | $253.6M-28.2% | $377.5M-46.3% | $280.0M-56.9% |
| Short-Term Investments | $136.1M+178.9% | $146.5M+96.1% | $73.0M-15.0% | $61.1M-59.6% | $48.8M-81.2% | $74.7M-84.0% | $86.0M-69.4% | $151.2M-55.4% |
| Inventory | $79.1M-2.2% | $78.5M+4.5% | $82.5M+10.0% | $75.0M+5.1% | $80.8M-29.9% | $75.2M-38.6% | $75.0M-41.1% | $71.3M-44.4% |
| Accounts Receivable | $143.7M+15.4% | $131.3M-10.6% | $142.3M-6.6% | $142.2M-7.8% | $124.5M-25.7% | $146.9M-5.0% | $152.3M-2.4% | $154.2M-1.5% |
| Long-Term Investments | $196.1M-11.7% | $177.8M+0.6% | $155.9M+468.3% | $201.6M+307.6% | $222.2M+50.0% | $176.8M+23.6% | $27.4M-55.7% | $49.5M-55.6% |
| Goodwill | $547.5M-22.2% | $553.1M-19.0% | $702.6M+4.4% | $702.4M+1.6% | $703.6M+3.5% | $683.0M+0.3% | $672.9M-15.9% | $691.4M+2.4% |
| Total Liabilities | $366.1M+5.8% | $349.2M+3.1% | $359.6M+11.5% | $332.6M+0.1% | $346.0M+3.9% | $338.6M-0.6% | $322.6M-15.2% | $332.4M-5.4% |
| Current Liabilities | $272.6M+10.7% | $257.2M+16.4% | $267.2M+31.9% | $237.7M+15.3% | $246.2M+21.5% | $221.0M+8.9% | $202.5M-14.0% | $206.1M-2.3% |
| Non-Current Liabilities | $93.5M-6.3% | $92.0M-21.7% | $92.4M-23.1% | $94.9M-24.9% | $99.8M-23.4% | $117.5M-14.6% | $120.1M-17.2% | $126.3M-10.0% |
| Total Equity | $1.5B-9.7% | $1.6B-8.3% | $1.7B-0.3% | $1.7B-2.3% | $1.7B-15.9% | $1.7B-23.7% | $1.7B-29.6% | $1.8B-30.2% |
| Retained Earnings | $1.2B-9.0% | $1.2B-12.2% | $1.4B-4.1% | $1.4B-3.8% | $1.4B-7.6% | $1.4B-4.8% | $1.5B-9.9% | $1.5B-10.1% |
Not reported in any period shown, so not listed: Long-Term Debt.
AZTA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.4M-94.4% | $13.5M-6.2% | $20.8M-30.0% | $2.2M-87.7% | $25.8M+164.1% | $14.4M+66.0% | $29.8M+118.8% | $17.7M-35.7% |
| Depreciation & Amortization | $13.6M-7.8% | $14.0M+0.4% | $13.6M-24.6% | $14.4M-39.5% | $14.7M-35.1% | $14.0M-37.6% | $18.1M-17.2% | $23.8M+7.7% |
| Stock-Based Compensation | $4.7M+54.1% | $6.3M-22.0% | $4.1M-20.6% | N/A | $3.0M-17.5% | $8.0M+48.4% | $5.1M+59.7% | N/A |
| Capital Expenditures | $6.6M-38.7% | $7.4M-0.1% | $6.2M-20.1% | $7.9M-16.2% | $10.8M+28.0% | $7.4M-10.2% | $7.8M-31.4% | $9.4M-8.2% |
| Free Cash Flow | -$5.2M-134.7% | $6.1M-12.7% | $14.7M-33.5% | -$5.7M-168.6% | $15.0M+1049.8% | $7.0M+1534.3% | $22.0M+847.9% | $8.3M-51.9% |
| Investing Cash Flow | $4.7M+115.9% | -$114.7M+17.3% | $36.8M-52.3% | $826K-99.6% | -$29.7M-114.9% | -$138.7M+49.0% | $77.1M-22.2% | $198.0M+93.2% |
| Financing Cash Flow | -$50.3M-39212.5% | $980K+119.0% | -$2.6M+48.7% | $817K+100.3% | -$128K+99.9% | -$5.2M+92.9% | -$5.1M+95.5% | -$247.5M-49.9% |
| Share Buybacks | N/A | N/A | N/A | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $248.9M+49.6% |
Not reported in any period shown, so not listed: Dividends Paid.
AZTA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.9%-1.3pp | 42.8%-1.0pp | 42.9%-3.8pp | 45.4%-0.1pp | 46.2%+1.4pp | 43.8%0.0pp | 46.7%+3.2pp | 45.5%-29.6pp |
| Operating Margin | -2.6%-1.3pp | -114.5% | -4.9%+1.0pp | 1.2%+4.3pp | -1.3%+3.6pp | -12.7%+5.4pp | -5.9%+4.5pp | -3.1%+5.0pp |
| Net Margin | 1.5%+34.9pp | -111.1% | -10.4%-2.9pp | 32.0%+36.4pp | -33.4%-28.8pp | -33.3% | -7.5%+2.6pp | -4.4%-9.5pp |
| Return on Equity | 0.2%+3.0pp | -10.3%-7.5pp | -0.9%-0.3pp | 2.9%+3.3pp | -2.9%-2.5pp | -2.8%+3.4pp | -0.6%-0.1pp | -0.4%-0.5pp |
| Return on Assets | 0.1%+2.5pp | -8.5%-6.1pp | -0.7%-0.2pp | 2.5%+2.8pp | -2.4%-2.1pp | -2.3%+3.0pp | -0.5%0.0pp | -0.3%-0.4pp |
| Current Ratio | 2.50-0.3x | 2.83-0.4x | 2.92-1.3x | 2.98-1.1x | 2.76-2.0x | 3.21-2.6x | 4.19-1.7x | 4.04-2.7x |
| Debt-to-Equity | 0.240.0x | 0.220.0x | 0.210.0x | 0.190.0x | 0.210.0x | 0.200.0x | 0.190.0x | 0.190.0x |
| Asset Turnover | 0.090.0x | 0.080.0x | 0.070.0x | 0.080.0x | 0.070.0x | 0.070.0x | 0.070.0x | 0.07+0.1x |
| FCF Margin | -3.2%-13.6pp | 4.2%-0.7pp | 9.9%-5.1pp | -3.6%-9.1pp | 10.4%+9.5pp | 4.9%+4.6pp | 14.9%+13.3pp | 5.5%-23.9pp |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Azenta, Inc. AZTA | FY2025 | $593.8M | -$55.8M | -9.4% | $1.7B | 49/100 |
| Staar Surgical Co STAA | FY2025 | $239.4M | -$80.4M | -33.6% | $1.1B | 33/100 |
| BioLife Solutions Inc. BLFS | FY2025 | $96.2M | -$4.6M | -4.8% | $1.9B | 69/100 |
| AtriCure, Inc. ATRC | FY2025 | $534.5M | -$11.4M | -2.1% | $2.9B | 57/100 |
| Anbio Biotechnology NNNN | FY2025 | $8.6M | $6.4M | 74.1% | $187.0M | 71/100 |
| Pulse Biosciences, Inc PLSE | FY2025 | $350K | -$72.8M | N/A | $3.5B | — |
Where Azenta, Inc. Ranks
Frequently Asked Questions
What is Azenta, Inc.'s annual revenue?
Azenta, Inc. (AZTA) reported $593.8M in total revenue for fiscal year 2025. This represents a 3.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Azenta, Inc.'s revenue growing?
Azenta, Inc. (AZTA) revenue grew by 3.6% year-over-year, from $573.4M to $593.8M in fiscal year 2025.
Is Azenta, Inc. profitable?
No, Azenta, Inc. (AZTA) reported a net income of -$55.8M in fiscal year 2025, with a net profit margin of -9.4%.
What is Azenta, Inc.'s EBITDA?
Azenta, Inc. (AZTA) had EBITDA of $34.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Azenta, Inc.'s gross margin?
Azenta, Inc. (AZTA) had a gross margin of 45.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Azenta, Inc.'s operating margin?
Azenta, Inc. (AZTA) had an operating margin of -4.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Azenta, Inc.'s net profit margin?
Azenta, Inc. (AZTA) had a net profit margin of -9.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Azenta, Inc.'s return on equity (ROE)?
Azenta, Inc. (AZTA) has a return on equity of -3.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Azenta, Inc.'s free cash flow?
Azenta, Inc. (AZTA) generated $38.3M in free cash flow during fiscal year 2025. This represents a 210.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Azenta, Inc.'s operating cash flow?
Azenta, Inc. (AZTA) generated $72.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Azenta, Inc.'s total assets?
Azenta, Inc. (AZTA) had $2.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Azenta, Inc.'s capital expenditures?
Azenta, Inc. (AZTA) invested $33.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Azenta, Inc. spend on research and development?
Azenta, Inc. (AZTA) invested $30.4M in research and development during fiscal year 2025.
What is Azenta, Inc.'s current ratio?
Azenta, Inc. (AZTA) had a current ratio of 2.98 as of fiscal year 2025, which is generally considered healthy.
What is Azenta, Inc.'s debt-to-equity ratio?
Azenta, Inc. (AZTA) had a debt-to-equity ratio of 0.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Azenta, Inc.'s return on assets (ROA)?
Azenta, Inc. (AZTA) had a return on assets of -2.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Azenta, Inc.'s P/E ratio?
Azenta, Inc. (AZTA) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $1.7B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Azenta, Inc.'s price-to-sales ratio?
Azenta, Inc. (AZTA) trades at 2.7x sales, its market capitalization divided by revenue of $613.8M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.7B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Azenta, Inc.'s Altman Z-Score?
Azenta, Inc. (AZTA) has an Altman Z-Score of 4.48, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Azenta, Inc.'s Piotroski F-Score?
Azenta, Inc. (AZTA) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Azenta, Inc.'s earnings high quality?
Azenta, Inc. (AZTA) reported a net loss of $55.8M while generating $72.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Azenta, Inc.?
Azenta, Inc. (AZTA) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.