Build a short comparison note
Record each company's reporting period, currency and unit. Check whether a figure is an annual total, a quarter or a year-to-date amount. Keep reported and adjusted measures separate, and read a company's reconciliation when it presents a non-GAAP figure.
| Check | Example of a mismatch |
|---|---|
| Period | A full year beside a nine-month figure |
| Units | Thousands beside millions |
| Definition | Operating cash flow beside adjusted free cash flow |
| Business context | A bank ratio beside an industrial company ratio |
Keep the filing within reach
The SEC's 10-K guide points readers to the business description, risk discussion and management's explanation as well as the financial statements. A ratio can identify a question, but it cannot supply every part of the explanation. Note any acquisition, discontinued operation or unusual item that materially affects your comparison.
Stock Screener can compare up to three companies and show reported financials over time. Its bundled data is refreshed through app updates, so inspect the filing period instead of assuming live intraday freshness. Keep the company source link and calculation definition with any conclusion you write. The comparison is an aid to research, not a ranking of what you should purchase.