MeridianLink, Inc. (MLNK) Financials
Newest figures come from the 10-Q for Q2 FY2025, filed Aug 11, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MLNK SEC filings page.
MeridianLink, Inc. (MLNK) reported $325.9M in revenue over the twelve months to Jun 30, 2025, up 6.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).
MeridianLink converts accounting losses into cash, but rising overhead and buybacks are weakening operating margins and the equity cushion.
From FY2023 to FY2024, revenue rose4.2% while operating margin fell from5.1% to1.5% . That divergence, alongside SG&A reaching$116.5M , indicates incremental sales were not covering the company’s expanding overhead base.
FY2024’s net loss of
Debt relative to equity rose from 0.8x in FY2023 to 1.1x in FY2024, so the cash-generating business now sits on a more leveraged equity base. The FY2024 $104.8M buyback occurred alongside the equity decline, meaning capital returns were competing with balance-sheet rebuilding.
Financial Health Signals
Scored against operating companies for FY2024. 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 MeridianLink, 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.
MeridianLink, Inc. has an operating margin of 1.5%, meaning the company retains $1 of operating profit per $100 of revenue. This results in a moderate score of 48/100, indicating healthy but not exceptional operating efficiency. This is down from 5.1% the prior year.
MeridianLink, Inc.'s revenue grew a modest 4.2% year-over-year to $316.3M. This slow but positive growth earns a score of 49/100.
MeridianLink, Inc. has elevated debt relative to equity (D/E of 1.09), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 9/100, reflecting increased financial risk.
With a current ratio of 2.42, MeridianLink, Inc. holds $2.42 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 69/100.
MeridianLink, Inc. converts 24.5% of revenue into free cash flow ($77.4M). This strong cash generation earns a score of 90/100.
MeridianLink, Inc. posts a -7.0% return on equity (ROE), meaning it loses $7 for every $100 of shareholders' equity. This results in a returns score of 41/100. This is up from -8.4% the prior year.
MeridianLink, Inc. scores 1.70, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.5B) relative to total liabilities ($533.8M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
MeridianLink, Inc. passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
MeridianLink, Inc. reported a net loss of $29.8M while generating $77.8M 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.
MeridianLink, Inc. earns $0.12 in operating income for every $1 of interest expense ($4.6M vs $38.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
MeridianLink, Inc. generated $84.6M in revenue in Q2 2025. This represents an increase of 7.5% from the same quarter a year earlier. Against the prior quarter it is up 3.8%.
MeridianLink, Inc.'s EBITDA was $19.4M in Q2 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 43.2% from the same quarter a year earlier. Against the prior quarter it is up 6.1%.
MeridianLink, Inc. reported -$3.0M in net income in Q2 2025. This represents an increase of 68.8% from the same quarter a year earlier. Against the prior quarter it is up 35.7%.
MeridianLink, Inc. earned -$0.04 per diluted share (EPS) in Q2 2025. This represents an increase of 69.2% from the same quarter a year earlier. Against the prior quarter it is up 33.3%.
Cash & Balance Sheet
MeridianLink, Inc. generated $19.0M in free cash flow in Q2 2025, representing cash available after capex. This represents an increase of 33.2% from the same quarter a year earlier. Against the prior quarter it is down 54.9%.
MeridianLink, Inc. held $91.1M in cash against $463.1M in long-term debt as of Q2 2025.
Not reported for Q2 2025.
Margins & Returns
MeridianLink, Inc.'s gross margin was 67.5% in Q2 2025, indicating the percentage of revenue retained after direct costs. This is up 3.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.5 percentage points.
MeridianLink, Inc.'s operating margin was 6.2% in Q2 2025, reflecting core business profitability. This is up 7.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.
MeridianLink, Inc.'s net profit margin was -3.6% in Q2 2025, showing the share of revenue converted to profit. This is up 8.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.2 percentage points.
MeridianLink, Inc.'s ROE was -0.8% in Q2 2025, measuring profit generated per dollar of shareholder equity. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.
Capital Allocation
MeridianLink, Inc. invested $11.4M in research and development in Q2 2025. This represents an increase of 14.9% from the same quarter a year earlier. Against the prior quarter it is up 4.3%.
MeridianLink, Inc. spent $52.8M on share buybacks in Q2 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 77.2% from the same quarter a year earlier.
MeridianLink, Inc. invested $154K in capex in Q2 2025, funding long-term assets and infrastructure. This represents an increase of 156.7% from the same quarter a year earlier. Against the prior quarter it is up 60.4%.
MLNK 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 | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $84.6M+7.5% | $81.5M+4.7% | $79.4M+6.5% | $80.4M+5.1% | $78.7M+4.3% | $77.8M+0.9% | $74.6M+5.7% | $76.5M+6.6% |
| Cost of Revenue | $27.5M-2.3% | $27.7M+6.3% | $26.6M+6.4% | $27.6M+2.4% | $28.2M-1.1% | $26.1M-6.7% | $25.0M-6.4% | $27.0M-2.9% |
| Gross Profit | $57.1M+13.0% | $53.8M+3.9% | $52.8M+6.6% | $52.7M+6.6% | $50.5M+7.6% | $51.7M+5.2% | $49.5M+13.1% | $49.5M+12.6% |
| R&D Expenses | $11.4M+14.9% | $10.9M+15.0% | $10.0M-6.1% | $10.0M-10.9% | $9.9M-15.7% | $9.5M-31.3% | $10.7M-12.1% | $11.2M-2.3% |
| SG&A Expenses | $28.6M-2.3% | $27.7M+10.0% | $32.4M+44.1% | $29.6M+27.7% | $29.2M+19.8% | $25.2M+11.6% | $22.5M+1.1% | $23.2M+8.4% |
| Operating Income | $5.2M+574.6% | $3.6M+6.4% | -$178K-102.6% | $2.6M-54.0% | -$1.1M-174.0% | $3.4M+97.6% | $6.8M+1090.4% | $5.6M+23.1% |
| EBITDA | $19.4M+43.2% | $18.3M+2.1% | $14.4M-32.2% | $17.1M-14.4% | $13.5M-15.1% | $17.9M+10.1% | $21.2M+44.0% | $20.0M+11.7% |
| Interest Expense | $8.7M-11.0% | $8.7M-9.1% | $8.9M-11.5% | $10.2M+3.9% | $9.8M+5.2% | $9.6M+6.1% | $10.0M+32.4% | $9.8M+42.7% |
| Income Tax | $1.1M+159.7% | $617K+1828.1% | -$352K-101.3% | $816K+202.0% | $412K+122.6% | $32K+102.7% | $27.8M+2436.8% | -$800K-189.9% |
| Net Income | -$3.0M+68.8% | -$4.7M+11.7% | -$7.7M+73.8% | -$7.1M-240.8% | -$9.7M-84.9% | -$5.3M+6.4% | -$29.6M-441.4% | -$2.1M+28.5% |
| EPS (Basic) | -$0.04+69.2% | -$0.06+14.3% | -$0.10+73.0% | -$0.09-200.0% | -$0.13-116.7% | -$0.070.0% | -$0.37-516.7% | -$0.03+25.0% |
| EPS (Diluted) | -$0.04+69.2% | -$0.06+14.3% | -$0.10+73.0% | -$0.09-200.0% | -$0.13-116.7% | -$0.070.0% | -$0.37-516.7% | -$0.03+25.0% |
| Diluted Shares (Avg) | 76M-0.1% | 77M-1.1% | N/A | 76M-6.7% | 77M-5.4% | 77M-4.1% | N/A | 81M+0.5% |
MLNK 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 | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $936.9M-5.1% | $987.0M+1.7% | $961.3M-3.5% | $967.9M-7.4% | $986.9M-7.4% | $970.5M-9.8% | $996.3M-5.9% | $1.0B-1.8% |
| Current Assets | $137.9M-1.7% | $175.6M+58.0% | $138.2M+11.0% | $133.4M-7.5% | $140.3M-9.7% | $111.1M-28.8% | $124.4M-2.9% | $144.2M-24.2% |
| Cash & Equivalents | $91.1M-2.1% | $128.9M+106.9% | $92.8M+15.3% | $82.3M-15.7% | $93.0M-14.6% | $62.3M-19.9% | $80.4M+44.2% | $97.6M-15.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | N/A | N/A | N/A | $36.9M+16.2% | $33.2M+0.1% | $34.4M-3.6% | $30.3M+4.5% | $31.8M-0.9% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $610.1M0.0% | $610.1M0.0% | $610.1M0.0% | $610.1M+0.1% | $610.1M+0.2% | $610.1M+0.2% | $610.1M+0.2% | $609.3M+6.6% |
| Total Liabilities | $544.3M-0.6% | $555.0M+10.1% | $533.8M+9.4% | $549.6M+11.8% | $547.4M+12.1% | $504.2M+0.8% | $488.0M+1.7% | $491.6M+1.7% |
| Current Liabilities | $68.8M+0.1% | $79.0M+7.2% | $57.0M+2.1% | $71.6M+3.4% | $68.7M+6.1% | $73.7M-2.6% | $55.8M+3.0% | $69.2M+19.4% |
| Non-Current Liabilities | $475.5M-0.7% | $476.0M+10.6% | $476.8M+10.3% | $478.0M+13.2% | $478.7M+13.0% | $430.4M+1.4% | $432.2M+1.5% | $422.3M-0.8% |
| Long-Term Debt | $463.1M-0.8% | $464.0M+10.7% | $464.9M+10.7% | $466.1M+10.7% | $467.1M+10.7% | $419.1M-0.8% | $420.0M-0.8% | $420.9M-0.6% |
| Total Equity | $392.6M-10.7% | $431.9M-7.4% | $427.5M-15.9% | $418.3M-24.5% | $439.5M-23.9% | $466.3M-19.0% | $508.2M-12.2% | $553.8M-4.6% |
| Retained Earnings | -$342.5M-45.2% | -$286.4M-46.0% | -$281.7M-92.3% | -$274.1M-200.5% | -$235.8M-303.2% | -$196.2M-280.2% | -$146.5M-245.3% | -$91.2M-169.4% |
Not reported in any period shown, so not listed: Inventory.
MLNK 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 | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $19.2M+33.7% | $42.4M+45.8% | $13.8M+10.7% | $20.6M-3.3% | $14.4M+135.2% | $29.0M+3.4% | $12.5M+69.7% | $21.3M+8.9% |
| Depreciation & Amortization | $14.2M-3.1% | $14.7M+1.1% | $14.5M+0.7% | $14.6M+0.9% | $14.6M+1.3% | $14.5M-0.1% | $14.4M+1.2% | $14.4M+7.8% |
| Stock-Based Compensation | $17.1M+35.6% | $12.4M+58.7% | N/A | $14.3M+71.3% | $12.6M+40.3% | $7.8M+59.5% | N/A | $8.3M+14.7% |
| Capital Expenditures | $154K+156.7% | $96K+4.3% | $154K-74.2% | $61K+45.2% | $60K-64.9% | $92K-31.3% | $596K+141.3% | $42K-89.7% |
| Free Cash Flow | $19.0M+33.2% | $42.3M+46.0% | $13.7M+15.0% | $20.5M-3.4% | $14.3M+141.0% | $28.9M+3.6% | $11.9M+67.2% | $21.3M+11.0% |
| Investing Cash Flow | -$2.1M-10.2% | -$1.7M+11.0% | -$1.8M+56.6% | -$1.9M-47.0% | -$1.9M-106.9% | -$1.9M+6.3% | -$4.1M+93.7% | -$1.3M+53.7% |
| Financing Cash Flow | -$54.9M-400.4% | -$4.5M+90.0% | -$1.6M+93.9% | -$29.5M+6.0% | $18.3M+818.1% | -$45.3M-1029.6% | -$25.5M-663.9% | -$31.3M-2239.4% |
| Share Buybacks | $52.8M+77.2% | $0-100.0% | $0-100.0% | $31.1M+1.8% | $29.8M+1699.9% | $44.0M+1160.7% | $25.5M+719.5% | $30.5M+44124.6% |
Not reported in any period shown, so not listed: Dividends Paid.
MLNK 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 | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 67.5%+3.3pp | 66.0%-0.5pp | 66.5%0.0pp | 65.6%+0.9pp | 64.2%+2.0pp | 66.5%+2.7pp | 66.4%+4.4pp | 64.7%+3.4pp |
| Operating Margin | 6.2%+7.5pp | 4.4%+0.1pp | -0.2%-9.3pp | 3.2%-4.1pp | -1.4%-3.4pp | 4.3%+2.1pp | 9.1%+8.3pp | 7.3%+1.0pp |
| Net Margin | -3.6%+8.7pp | -5.8%+1.1pp | -9.8%+29.9pp | -8.8%-6.1pp | -12.3%-5.4pp | -6.8%+0.5pp | -39.6%-31.9pp | -2.7%+1.3pp |
| Return on Equity | -0.8%+1.4pp | -1.1%+0.1pp | -1.8%+4.0pp | -1.7%-1.3pp | -2.2%-1.3pp | -1.1%-0.2pp | -5.8%-4.9pp | -0.4%+0.1pp |
| Return on Assets | -0.3%+0.7pp | -0.5%+0.1pp | -0.8%+2.2pp | -0.7%-0.5pp | -1.0%-0.5pp | -0.5%0.0pp | -3.0%-2.5pp | -0.2%+0.1pp |
| Current Ratio | 2.010.0x | 2.22+0.7x | 2.42+0.2x | 1.86-0.2x | 2.04-0.4x | 1.51-0.6x | 2.23-0.1x | 2.08-1.2x |
| Debt-to-Equity | 1.18+0.1x | 1.07+0.2x | 1.09+0.3x | 1.11+0.4x | 1.06+0.3x | 0.90+0.2x | 0.83+0.1x | 0.760.0x |
| Asset Turnover | 0.090.0x | 0.080.0x | 0.080.0x | 0.080.0x | 0.080.0x | 0.080.0x | 0.070.0x | 0.070.0x |
| FCF Margin | 22.5%+4.3pp | 51.8%+14.6pp | 17.2%+1.3pp | 25.6%-2.2pp | 18.2%+10.3pp | 37.2%+1.0pp | 15.9%+5.9pp | 27.8%+1.1pp |
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 |
|---|---|---|---|---|---|---|
| MeridianLink, Inc. MLNK | FY2024 | $316.3M | -$29.8M | -9.4% | $1.5B | 51/100 |
| Donnelley Financial Solutions, Inc. DFIN | FY2025 | $767.0M | $32.4M | 4.2% | $1.3B | 57/100 |
| Jamf Holding Corp. JAMF | FY2024 | $627.4M | -$68.5M | -10.9% | $1.7B | 42/100 |
| Lightspeed Commerce Inc. LSPD | FY2025 | $1.1B | -$667.2M | -62.0% | $1.4B | 46/100 |
| PagerDuty, Inc. PD | FY2026 | $492.5M | $172.7M | 35.1% | $1.4B | 45/100 |
| Amplitude, Inc. AMPL | FY2025 | $343.2M | -$88.5M | -25.8% | $2.0B | 37/100 |
Where MeridianLink, Inc. Ranks
Frequently Asked Questions
What is MeridianLink, Inc.'s annual revenue?
MeridianLink, Inc. (MLNK) reported $316.3M in total revenue for fiscal year 2024. This represents a 4.2% 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 MeridianLink, Inc.'s revenue growing?
MeridianLink, Inc. (MLNK) revenue grew by 4.2% year-over-year, from $303.6M to $316.3M in fiscal year 2024.
Is MeridianLink, Inc. profitable?
No, MeridianLink, Inc. (MLNK) reported a net income of -$29.8M in fiscal year 2024, with a net profit margin of -9.4%.
What is MeridianLink, Inc.'s EBITDA?
MeridianLink, Inc. (MLNK) had EBITDA of $62.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does MeridianLink, Inc. have?
As of fiscal year 2024, MeridianLink, Inc. (MLNK) had $92.8M in cash and equivalents against $464.9M in long-term debt.
What is MeridianLink, Inc.'s gross margin?
MeridianLink, Inc. (MLNK) had a gross margin of 65.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is MeridianLink, Inc.'s operating margin?
MeridianLink, Inc. (MLNK) had an operating margin of 1.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is MeridianLink, Inc.'s net profit margin?
MeridianLink, Inc. (MLNK) had a net profit margin of -9.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is MeridianLink, Inc.'s return on equity (ROE)?
MeridianLink, Inc. (MLNK) has a return on equity of -7.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is MeridianLink, Inc.'s free cash flow?
MeridianLink, Inc. (MLNK) generated $77.4M in free cash flow during fiscal year 2024. This represents a 15.5% 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 MeridianLink, Inc.'s operating cash flow?
MeridianLink, Inc. (MLNK) generated $77.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are MeridianLink, Inc.'s total assets?
MeridianLink, Inc. (MLNK) had $961.3M in total assets as of fiscal year 2024, including both current and long-term assets.
What are MeridianLink, Inc.'s capital expenditures?
MeridianLink, Inc. (MLNK) invested $367K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does MeridianLink, Inc. spend on research and development?
MeridianLink, Inc. (MLNK) invested $39.5M in research and development during fiscal year 2024.
What is MeridianLink, Inc.'s current ratio?
MeridianLink, Inc. (MLNK) had a current ratio of 2.42 as of fiscal year 2024, which is generally considered healthy.
What is MeridianLink, Inc.'s debt-to-equity ratio?
MeridianLink, Inc. (MLNK) had a debt-to-equity ratio of 1.09 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is MeridianLink, Inc.'s return on assets (ROA)?
MeridianLink, Inc. (MLNK) had a return on assets of -3.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is MeridianLink, Inc.'s Altman Z-Score?
MeridianLink, Inc. (MLNK) has an Altman Z-Score of 1.70, placing it in the Distress Zone (elevated 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 MeridianLink, Inc.'s Piotroski F-Score?
MeridianLink, Inc. (MLNK) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. 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 MeridianLink, Inc.'s earnings high quality?
MeridianLink, Inc. (MLNK) reported a net loss of $29.8M while generating $77.8M 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.
Can MeridianLink, Inc. cover its interest payments?
MeridianLink, Inc. (MLNK) has an interest coverage ratio of 0.12x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is MeridianLink, Inc.?
MeridianLink, Inc. (MLNK) scores 51 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.