Unity Software Inc. (U) 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 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 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 U SEC filings page.
Unity Software Inc. (U) reported $2.0B in revenue over the twelve months to Jun 30, 2026, up 14.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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).
Near-flat revenue now supports much better cash generation, but profitability remains negative and short-term liquidity has tightened.
FY2025 produced positive free cash flow of$404M despite an accounting loss of$403M , so reported losses did not translate into cash consumption. That conversion coincided with$461M of depreciation and amortization, indicating noncash expense is a major bridge between the two measures.
Revenue was nearly flat in FY2025, yet operating margin improved from
The liquidity cushion narrowed: the current ratio fell from 2.5x to 1.8x as current liabilities rose faster than current assets, making short-term obligations more important even while total equity stayed positive. Goodwill represented nearly half of total assets, so the balance sheet is materially shaped by acquired intangible value rather than only liquid operating assets.
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 Unity Software 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.
Unity Software Inc. has an operating margin of -25.9%, meaning the company loses $26 on every $100 of revenue. This results in a profitability score of 26/100. This is up from -41.6% the prior year.
Unity Software Inc.'s revenue grew a modest 2.0% year-over-year to $1.8B. This slow but positive growth earns a score of 11/100.
Unity Software Inc. has a moderate D/E ratio of 1.03. This balance of debt and equity financing earns a leverage score of 47/100.
Unity Software Inc.'s current ratio of 1.84 indicates adequate short-term liquidity, earning a score of 54/100. The company can meet its near-term obligations, though with limited headroom.
Unity Software Inc. converts 21.8% of revenue into free cash flow ($403.9M). This strong cash generation earns a score of 83/100.
Unity Software Inc. posts a -12.4% return on equity (ROE), meaning it loses $12 for every $100 of shareholders' equity. This results in a returns score of 39/100. This is up from -20.8% the prior year.
Unity Software Inc. scores 3.01, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($20.0B) relative to total liabilities ($3.3B). 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.
Unity Software 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.
Unity Software Inc. reported a net loss of $402.8M while generating $423.0M 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.
Unity Software Inc. reported an operating loss of $479.1M against $24.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Unity Software Inc. generated $546.5M in revenue in Q2 2026. This represents an increase of 23.9% from the same quarter a year earlier. Against the prior quarter it is up 7.5%.
Unity Software Inc.'s EBITDA was $53.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 344.0% from the same quarter a year earlier. Against the prior quarter it is up 123.8%.
Unity Software Inc. reported -$23.6M in net income in Q2 2026. This represents an increase of 78.3% from the same quarter a year earlier. Against the prior quarter it is up 93.2%.
Unity Software Inc. earned -$0.05 per diluted share (EPS) in Q2 2026. This represents an increase of 80.8% from the same quarter a year earlier. Against the prior quarter it is up 93.8%.
Cash & Balance Sheet
Unity Software Inc. generated $202.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 59.5% from the same quarter a year earlier. Against the prior quarter it is up 203.9%.
Unity Software Inc. held $2.4B in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Unity Software Inc.'s gross margin was 79.6% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 5.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 48.8 percentage points.
Unity Software Inc.'s operating margin was -5.9% in Q2 2026, reflecting core business profitability. This is up 21.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 63.2 percentage points.
Unity Software Inc.'s net profit margin was -4.3% in Q2 2026, showing the share of revenue converted to profit. This is up 20.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 64.1 percentage points.
Unity Software Inc.'s ROE was -0.8% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.9 percentage points.
Capital Allocation
Unity Software Inc. invested $278.3M in research and development in Q2 2026. This represents an increase of 29.5% from the same quarter a year earlier. Against the prior quarter it is up 9.4%.
Unity Software Inc. invested $3.7M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 43.2% from the same quarter a year earlier. Against the prior quarter it is down 24.1%.
Not reported for Q2 2026.
U 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $546.5M+23.9% | $508.2M+16.8% | $503.1M+10.1% | $470.6M+5.4% | $440.9M-1.9% | $435.0M-5.5% | $457.1M-25.0% | $446.5M-18.0% |
| Cost of Revenue | $111.7M-2.2% | $351.6M+208.6% | $129.2M+11.9% | $120.3M+7.4% | $114.2M+4.9% | $114.0M-21.1% | $115.5M-55.8% | $112.1M-26.0% |
| Gross Profit | $434.8M+33.1% | $156.6M-51.2% | $373.9M+9.5% | $350.3M+4.7% | $326.7M-4.0% | $321.0M+1.6% | $341.6M-1.8% | $334.5M-14.9% |
| R&D Expenses | $278.3M+29.5% | $254.4M+15.3% | $249.7M+14.6% | $244.4M+13.6% | $214.8M+2.8% | $220.6M-22.0% | $218.0M-17.8% | $215.2M-10.3% |
| SG&A Expenses | $56.3M-18.5% | $58.2M-12.3% | $67.1M-6.1% | $65.9M-5.8% | $69.2M-24.0% | $66.3M-62.6% | $71.5M-43.3% | $70.0M-18.9% |
| Operating Income | -$32.2M+72.9% | -$351.4M-174.7% | -$106.5M+13.9% | -$125.9M+1.0% | -$118.8M+8.2% | -$127.9M+65.9% | -$123.7M+52.2% | -$127.1M+0.2% |
| EBITDA | $53.3M+344.0% | -$224.2M-606.7% | $25.4M+223.9% | $10.0M+140.9% | -$21.8M+22.1% | -$31.7M+88.4% | -$20.5M+23.3% | -$24.5M-49.9% |
| Interest Expense | $6.0M0.0% | $6.0M+2.2% | $6.0M+3.5% | $6.0M+3.5% | $6.0M+3.4% | $5.9M-2.4% | $5.8M-5.1% | $5.8M-5.1% |
| Income Tax | $2.4M-2.4% | -$7.0M-421.3% | -$7.7M-459.9% | $9.4M+35.6% | $2.4M+155.8% | $2.2M+117.1% | $2.1M-78.0% | $6.9M-11.0% |
| Net Income | -$23.6M+78.3% | -$347.6M-347.7% | -$90.0M+26.7% | -$126.4M-1.3% | -$108.8M+13.4% | -$77.6M+73.3% | -$122.7M+51.4% | -$124.7M-0.5% |
| EPS (Basic) | -$0.05+80.8% | -$0.80-321.1% | -$0.21+30.0% | -$0.30+3.2% | -$0.26+18.8% | -$0.19+74.7% | -$0.30+55.2% | -$0.31+3.1% |
| EPS (Diluted) | -$0.05+80.8% | -$0.80-321.1% | -$0.21+30.0% | -$0.30+3.2% | -$0.26+18.8% | -$0.19+74.7% | -$0.30+55.2% | -$0.31+3.1% |
| Diluted Shares (Avg) | 438M+4.9% | 434M+5.4% | N/A | 424M+6.4% | 418M+6.4% | 412M+6.4% | N/A | 399M+3.9% |
U 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.7B-0.8% | $6.5B-1.9% | $6.8B+1.5% | $6.8B+0.9% | $6.7B+0.5% | $6.6B-1.6% | $6.7B-7.0% | $6.7B-9.4% |
| Current Assets | $3.2B+32.1% | $2.9B+30.6% | $2.8B+26.4% | $2.6B+23.9% | $2.4B+21.4% | $2.2B+15.3% | $2.2B-4.3% | $2.1B-5.2% |
| Cash & Equivalents | $2.4B+39.1% | $2.1B+38.9% | $2.1B+35.5% | $1.9B+35.1% | $1.7B+33.4% | $1.5B+30.6% | $1.5B-4.6% | $1.4B-6.8% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $688.7M+15.5% | $654.0M+18.3% | $643.6M+12.2% | $600.1M+4.1% | $596.6M+4.1% | $553.0M-11.0% | $573.9M-6.2% | $576.4M-4.7% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $3.2B-0.3% | $3.2B0.0% | $3.2B0.0% | $3.2B0.0% | $3.2B0.0% | $3.2B0.0% | $3.2B-1.1% | $3.2B-1.1% |
| Total Liabilities | $3.4B+2.2% | $3.3B+1.9% | $3.3B+0.9% | $3.3B+0.9% | $3.3B+0.5% | $3.2B-3.6% | $3.3B-13.5% | $3.3B-16.7% |
| Current Liabilities | $1.6B+77.7% | $1.5B+83.6% | $1.5B+71.5% | $942.2M+7.5% | $883.3M+5.0% | $817.6M-9.4% | $889.5M-0.5% | $876.9M-7.7% |
| Non-Current Liabilities | $1.8B-25.6% | $1.8B-25.9% | $1.8B-25.0% | $2.4B-1.5% | $2.4B-1.1% | $2.4B-1.4% | $2.4B-17.5% | $2.4B-19.5% |
| Total Equity | $3.0B-4.8% | $3.0B-6.6% | $3.2B+1.5% | $3.2B+0.6% | $3.2B+0.1% | $3.2B+0.1% | $3.2B+0.3% | $3.2B-1.8% |
| Retained Earnings | -$4.5B-15.0% | -$4.5B-17.6% | -$4.1B-10.8% | -$4.0B-12.1% | -$3.9B-12.4% | -$3.8B-13.4% | -$3.7B-21.6% | -$3.6B-28.2% |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
U 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $205.6M+54.5% | $71.3M+447.3% | $121.4M+8.2% | $155.4M+27.0% | $133.1M+50.6% | $13.0M+276.7% | $112.2M+55.6% | $122.4M+1.9% |
| Depreciation & Amortization | $85.5M-11.8% | $127.3M+32.3% | $131.9M+27.9% | $135.9M+32.4% | $96.9M-4.4% | $96.2M-5.5% | $103.2M-55.6% | $102.6M-7.6% |
| Stock-Based Compensation | $79.9M-21.3% | $77.2M-21.9% | N/A | $92.0M-12.1% | $101.6M-12.0% | $98.8M-62.8% | N/A | $104.6M-28.9% |
| Capital Expenditures | $3.7M-43.2% | $4.8M-15.5% | $2.8M-57.3% | $4.1M-42.6% | $6.4M-26.5% | $5.7M-20.5% | $6.4M-43.3% | $7.2M-55.6% |
| Free Cash Flow | $202.0M+59.5% | $66.5M+809.4% | $118.7M+12.2% | $151.3M+31.3% | $126.7M+59.1% | $7.3M+150.2% | $105.8M+74.1% | $115.2M+10.8% |
| Investing Cash Flow | -$3.7M+56.6% | -$4.8M+15.5% | -$5.8M+10.7% | -$4.1M+79.1% | -$8.4M+7.5% | -$5.7M+20.5% | -$6.4M+43.3% | -$19.7M-8.6% |
| Financing Cash Flow | $4.6M-53.5% | $11.6M-4.9% | $34.0M+75.2% | $54.1M+170.4% | $9.8M-13.5% | $12.2M+103.1% | $19.4M+76.4% | $20.0M+108.8% |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | $0 | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
U 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 79.6%+5.5pp | 30.8%-43.0pp | 74.3%-0.4pp | 74.4%-0.5pp | 74.1%-1.7pp | 73.8%+5.2pp | 74.7%+17.6pp | 74.9%+2.7pp |
| Operating Margin | -5.9%+21.0pp | -69.1%-39.7pp | -21.2%+5.9pp | -26.7%+1.7pp | -26.9%+1.9pp | -29.4%+52.0pp | -27.1%+15.4pp | -28.5%-5.1pp |
| Net Margin | -4.3%+20.4pp | -68.4%-50.6pp | -17.9%+9.0pp | -26.9%+1.1pp | -24.7%+3.3pp | -17.8%+45.4pp | -26.9%+14.6pp | -27.9%-5.1pp |
| Return on Equity | -0.8%+2.6pp | -11.7%-9.2pp | -2.8%+1.1pp | -3.9%0.0pp | -3.4%+0.5pp | -2.4%+6.7pp | -3.8%+4.1pp | -3.9%-0.1pp |
| Return on Assets | -0.4%+1.3pp | -5.3%-4.2pp | -1.3%+0.5pp | -1.9%0.0pp | -1.6%+0.3pp | -1.2%+3.1pp | -1.8%+1.7pp | -1.8%-0.2pp |
| Current Ratio | 2.03-0.7x | 1.95-0.8x | 1.84-0.7x | 2.78+0.4x | 2.73+0.4x | 2.74+0.6x | 2.50-0.1x | 2.41+0.1x |
| Debt-to-Equity | 1.11+0.1x | 1.10+0.1x | 1.030.0x | 1.040.0x | 1.030.0x | 1.010.0x | 1.04-0.2x | 1.04-0.2x |
| Asset Turnover | 0.080.0x | 0.080.0x | 0.070.0x | 0.070.0x | 0.070.0x | 0.070.0x | 0.070.0x | 0.070.0x |
| FCF Margin | 37.0%+8.2pp | 13.1%+11.4pp | 23.6%+0.5pp | 32.1%+6.3pp | 28.7%+11.0pp | 1.7%+4.8pp | 23.1%+13.2pp | 25.8%+6.7pp |
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 |
|---|---|---|---|---|---|---|
| Unity Software Inc. U | FY2025 | $1.8B | -$402.8M | -21.8% | $20.0B | 43/100 |
| Bentley Systems, Incorporated BSY | FY2025 | $1.5B | $277.9M | 18.5% | $10.9B | 61/100 |
| GUIDEWIRE SOFTWARE, INC. GWRE | FY2026 | $1.5B | $139.3M | 9.4% | $13.5B | 58/100 |
| PTC, INC PTC | FY2025 | $2.7B | $734.0M | 26.8% | $21.0B | 69/100 |
| SS&C Technologies Inc SSNC | FY2025 | $6.3B | $798.7M | 12.7% | $18.3B | 59/100 |
| DocuSign, Inc. DOCU | FY2026 | $3.2B | $309.1M | 9.6% | $12.8B | 50/100 |
Where Unity Software Inc. Ranks
Frequently Asked Questions
What is Unity Software Inc.'s annual revenue?
Unity Software Inc. (U) reported $1.8B in total revenue for fiscal year 2025. This represents a 2.0% 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 Unity Software Inc.'s revenue growing?
Unity Software Inc. (U) revenue grew by 2.0% year-over-year, from $1.8B to $1.8B in fiscal year 2025.
Is Unity Software Inc. profitable?
No, Unity Software Inc. (U) reported a net income of -$402.8M in fiscal year 2025, with a net profit margin of -21.8%.
What is Unity Software Inc.'s EBITDA?
Unity Software Inc. (U) had EBITDA of -$18.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Unity Software Inc.'s gross margin?
Unity Software Inc. (U) had a gross margin of 74.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Unity Software Inc.'s operating margin?
Unity Software Inc. (U) had an operating margin of -25.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Unity Software Inc.'s net profit margin?
Unity Software Inc. (U) had a net profit margin of -21.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Unity Software Inc.'s return on equity (ROE)?
Unity Software Inc. (U) has a return on equity of -12.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Unity Software Inc.'s free cash flow?
Unity Software Inc. (U) generated $403.9M in free cash flow during fiscal year 2025. This represents a 41.2% 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 Unity Software Inc.'s operating cash flow?
Unity Software Inc. (U) generated $423.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Unity Software Inc.'s total assets?
Unity Software Inc. (U) had $6.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Unity Software Inc.'s capital expenditures?
Unity Software Inc. (U) invested $19.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Unity Software Inc. spend on research and development?
Unity Software Inc. (U) invested $929.5M in research and development during fiscal year 2025.
What is Unity Software Inc.'s current ratio?
Unity Software Inc. (U) had a current ratio of 1.84 as of fiscal year 2025, which is generally considered healthy.
What is Unity Software Inc.'s debt-to-equity ratio?
Unity Software Inc. (U) had a debt-to-equity ratio of 1.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Unity Software Inc.'s return on assets (ROA)?
Unity Software Inc. (U) had a return on assets of -5.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Unity Software Inc.'s P/E ratio?
Unity Software Inc. (U) 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 $20.0B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Unity Software Inc.'s price-to-sales ratio?
Unity Software Inc. (U) trades at 9.9x sales, its market capitalization divided by revenue of $2.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $20.0B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Unity Software Inc.'s Altman Z-Score?
Unity Software Inc. (U) has an Altman Z-Score of 3.01, 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 Unity Software Inc.'s Piotroski F-Score?
Unity Software Inc. (U) 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 Unity Software Inc.'s earnings high quality?
Unity Software Inc. (U) reported a net loss of $402.8M while generating $423.0M 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 Unity Software Inc. cover its interest payments?
Unity Software Inc. (U) reported an operating loss of $479.1M against $24.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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 Unity Software Inc.?
Unity Software Inc. (U) scores 43 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.