About Company Financials Data
Company Financials Data is a free reference site that republishes and explains the headline financial figures of large listed companies, sourced from the companies' own regulatory filings. It exists because the most reliable financial data in the world — the audited annual reports companies must file with the U.S. Securities and Exchange Commission — is also some of the least approachable: long documents, specialised vocabulary and figures scattered across hundreds of pages. We do the organising, consistently and transparently, so a reader can move from a question to a filed figure in a couple of clicks.
Our Editorial Team
The site is produced by the Company Financials Data Editorial Team, a small group of editors and data reviewers who work with financial filings every day. The team's job has three parts. First, selection: deciding which filers have tagged annual data complete enough to support a full company page, and recording — never silently — the ones left out. Second, verification: checking generated pages against the underlying SEC EDGAR values, including spot-checking headline figures against the published filing tables. Third, explanation: writing and reviewing the plain-English analysis and Learn guides so that a figure is never published without the context a non-specialist needs to read it correctly. Pages carry the team's byline and a last-updated date, and corrections are made to the page itself rather than defended when the underlying filing data shows we misread something.
Methodology
Our dataset is the SEC EDGAR XBRL company facts API, the Securities and Exchange Commission's machine-readable republication of the values companies tag in their filings. We use annual Form 10-K values only, take the most recent fiscal year available for each measure, and label every figure with that fiscal year. Free cash flow is calculated by us — operating cash flow minus capital expenditures — and is labelled as calculated everywhere it appears; no other figure on the site is estimated, modelled or forecast. The full method, including how we choose between sibling XBRL concepts and how restatements are handled, is set out on the methodology page.
What we publish — and what we deliberately do not
We publish a fixed, consistent set of annual measures for every company in the directory: revenue, gross profit, operating income, net income, diluted earnings per share, operating cash flow, capital expenditures, free cash flow, total assets, cash and equivalents, long-term debt and stockholders' equity, each with its multi-year history where the filing provides one. We deliberately do not publish share prices, market valuations, analyst estimates, forecasts, price targets or news, because each of those would change the character of the site from a record of what companies reported into a stream of opinion about what markets might do. Keeping the boundary sharp is what allows a reader to trust that every number here traces back to a filing, and it is why a company page never contains a view on whether the company is performing well in any investment sense — it contains the figures, clearly labelled, and the explanation needed to read them.
The site is a data and education service. It is not a brokerage, an adviser or a news organisation, it does not publish share prices or recommendations, and nothing on it should be read as a suggestion to buy or sell any security. Questions, corrections and suggestions are welcome through the contact page.