The Claude Trader

Grid › Semiconductors & Related Devices

Q Qnity Electronics, Inc.

NYSE, CIK 0002058873, fiscal year ends 12/31. Last price 109.83 on 2026-10-23, market value 23.0 billion dollars.

Machine-readable: Q.json, Q.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.

PhilosophyScoreStatusCurrent inputs as ofHistory usedPriceVerificationRules
Graham Defensive 21
partial, missing 3, 5
partial: 3, 5 2025-12-31
stale: Revenue
2023–2025 2026-10-23 2 verified, 11 unverified method
Magic Formula n/a insufficient data (no operating income in XBRL) — — — — method
Momentum n/a insufficient data — — — — method
Insider 33 ok 2026-10-23 — — — method
Buffett Quality 10
partial, missing 1, 2, 3, 5, 6
partial: 1, 2, 3, 5, 6 2026-06-30 — 2026-10-23 0 verified, 1 unverified method
Lynch GARP 22
partial, missing 1, 2, 5
partial: 1, 2, 5 2026-06-30 2025–2025 2026-10-23 0 verified, 4 unverified method
Graham Enterprising 25
partial, missing 3, 5
partial: 3, 5 2026-06-30 — 2026-10-23 0 verified, 4 unverified method
Piotroski F-Score 44
partial, missing 7, 8
partial: 7, 8 — 2024–2025 — 0 verified, 21 unverified method

Market value, source trail

market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used

InputValueUnitPeriod / dateSource
Traded price109.83USD per traded unit (share or ADS)2026-10-23Yahoo Finance
SEC shares outstanding209,208,543underlying shares2026-07-31SEC cover page 10-Q 0002058873-26-000030 (209,208,543 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/2058873/000205887326000030/q-20260630.htm 0002058873-26-000030
Depositary ratio1.0underlying shares per traded unit domestic 10-K filer; SEC shares are the traded units
Market value price date × latest reported shares22,977,374,278USD2026-10-23
shares at 2026-07-31
109.83 (price 2026-10-23) / 1 x 209,208,543 (shares at 2026-07-31) = 22,977,374,278

Graham Defensive

21 of 100. partial: 3, 5. How this is scored.

Test or factorValueThresholdPoints
1 Adequate size4.75 revenue $B>= 15.0 / 5
2a Current ratio2.01>= 2.015.0 / 15
2b Long-term debt vs working capital2.75 LTD / WC<= 1.00.0 / 15
3 Positive earnings each of 10 years3 years reported missing 2016, 2017, 2018, 2019, 2020, 2021, 202210 of 10None / 15
4 Dividends every year for 20 years1 of 20 missing 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024 XBRL check: 1 years agree, 19 unverified20 of 200.75 / 15
5 EPS growth, 3-yr avg now vs 10 yrs ago— missing 2014, 2015, 2016>= +33%None / 10
6 P/E on 3-year average EPS36.5<= 150.0 / 15
7 P/B <= 1.5, or P/E x P/B <= 22.5P/B 3.16, product 115.5<= 1.5 or <= 22.50.0 / 10
Inputs, 15 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)109.832026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
Revenue4754000000.02025-12-31 staleSEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0002058873-26-000010unverified
current_assets2896000000.02026-06-30SEC XBRL AssetsCurrent 0002058873-26-000030unverified
current_liabilities1442000000.02026-06-30SEC XBRL LiabilitiesCurrent 0002058873-26-000030unverified
lt_debt3997000000.02026-06-30SEC XBRL LongTermDebtAndCapitalLeaseObligations 0002058873-26-000030unverified
equity7261000000.02026-06-30SEC XBRL StockholdersEquity 0002058873-26-000030unverified
Net income FY2023533000000.02023-12-31 historySEC XBRL ProfitLoss 0002058873-26-000010unverified
Net income FY2024724000000.02024-12-31 historySEC XBRL ProfitLoss 0002058873-26-000010unverified
Net income FY2025729000000.02025-12-31 historySEC XBRL NetIncomeLoss 0001628280-26-024259unverified
Dividend years (Yahoo)[2025, 2026] historyYahoo Finance dividend historyverified (partly: XBRL covers 1 of 20 years)
Dividends per share FY2025 (XBRL)0.142025-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0002058873-26-000010verified
EPS diluted FY20232.422023-12-31 historySEC XBRL EarningsPerShareDiluted 0002058873-26-000010unverified
EPS diluted FY20243.312024-12-31 historySEC XBRL EarningsPerShareDiluted 0002058873-26-000010unverified
EPS diluted FY20253.32025-12-31 historySEC XBRL EarningsPerShareDiluted 0002058873-26-000010unverified
Shares outstanding209208543.02026-07-31SEC cover page 10-Q 0002058873-26-000030 (209,208,543 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/2058873/000205887326000030/q-20260630.htm 0002058873-26-000030not cross-checked

Magic Formula

insufficient data (no operating income in XBRL). How this is scored.

insufficient data (no operating income in XBRL).

Momentum

insufficient data. How this is scored.

insufficient data.

Insider

33 of 100. ok. How this is scored. Form 4 data loaded through 2026-10-23

Test or factorValueThresholdPoints
Open-market buy value / market cap (percentile among buyers)0.06 bp15.4 / 35
Distinct buyers16.2 / 25
Buyer seniority0.510.0 / 20
Recency (half-life 30d)0.171.7 / 10
Sales penalty (excludes 10b5-1 plan sales)0.0 bp-0.0 / 0
Inputs, 1 numbers with their sources
InputValuePeriodSourceCheck
Form 4 P De Bondt Karin 2026-08-11138140.02026-08-11SEC Form 4 (insider transactions data set)not cross-checked

Buffett Quality

10 of 100. partial: 1, 2, 3, 5, 6. How this is scored.

Test or factorValueThresholdPoints
1 Average return on equity (net income / year-end equity) needs at least 5 years of net income and positive equity3 years with positive equity>= 15%None / 25
2 Profitable every year needs at least 7 years of net income3 years reportedall yearsNone / 15
3 Net income growth, 3-yr average now vs start of window needs at least 6 years3 years reported>= +10%None / 10
4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities)6.0 years<= 47.4 / 15
5 Operating margin, 5-yr average needs at least 4 of the last 5 years0 years with operating income and revenue>= 20%None / 10
6 Free cash flow / net income, 5-yr (operating cash flow minus capex) needs operating cash flow and capex for at least 4 of the last 5 years3 years>= 1.0None / 10
7 Owner-earnings yield (3-yr avg free cash flow / market cap)3.6%>= 7%2.4 / 15
Inputs, 3 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)109.832026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
debt_incl_current3997000000.02026-06-30SEC XBRL LongTermDebtAndCapitalLeaseObligations 0002058873-26-000030unverified
Shares outstanding209208543.02026-07-31SEC cover page 10-Q 0002058873-26-000030 (209,208,543 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/2058873/000205887326000030/q-20260630.htm 0002058873-26-000030not cross-checked

Lynch GARP

22 of 100. partial: 1, 2, 5. How this is scored.

Test or factorValueThresholdPoints
1 PEG: P/E divided by 5-yr EPS growth (in % points) needs diluted EPS for the last fiscal year and five years earlier—<= 1.0None / 30
2 EPS growth, 5-yr compound rate needs diluted EPS for the last fiscal year and five years earlier—12% to 35% a yearNone / 20
3 P/E on latest annual EPS33.3<= 254.5 / 10
4 Borrowings / equity LongTermDebt (incl. current maturities)0.55<= 0.514.2 / 15
5 Years of the last 5 in which EPS rose needs six consecutive fiscal years of diluted EPS—5 of 5None / 15
6 Net cash (cash minus borrowings) / market cap-13.2%>= +10%3.4 / 10
Inputs, 5 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)109.832026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
EPS diluted FY20253.32025-12-31 historySEC XBRL EarningsPerShareDiluted 0002058873-26-000010unverified
debt_incl_current3997000000.02026-06-30SEC XBRL LongTermDebtAndCapitalLeaseObligations 0002058873-26-000030unverified
equity7261000000.02026-06-30SEC XBRL StockholdersEquity 0002058873-26-000030unverified
cash961000000.02026-06-30SEC XBRL CashAndCashEquivalentsAtCarryingValue 0002058873-26-000030unverified

Graham Enterprising

25 of 100. partial: 3, 5. How this is scored.

Test or factorValueThresholdPoints
1 Current ratio2.01>= 1.515.0 / 15
2 Borrowings vs working capital LongTermDebt (incl. current maturities)2.75 x<= 1.1x0.0 / 15
3 No earnings deficit in the last 5 years needs five consecutive fiscal years of net income3 years reported5 of 5None / 15
4 Pays a current dividendyesyes10.0 / 10
5 EPS higher than five years earlier needs diluted EPS for the last fiscal year and five years earlier—higherNone / 10
6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)3.16<= 1.20.0 / 20
7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive—<= 0.670.0 / 15
Inputs, 7 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)109.832026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
current_assets2896000000.02026-06-30SEC XBRL AssetsCurrent 0002058873-26-000030unverified
current_liabilities1442000000.02026-06-30SEC XBRL LiabilitiesCurrent 0002058873-26-000030unverified
debt_incl_current3997000000.02026-06-30SEC XBRL LongTermDebtAndCapitalLeaseObligations 0002058873-26-000030unverified
Dividend years (Yahoo)[2025, 2026] historyYahoo Finance dividend historynot cross-checked
equity7261000000.02026-06-30SEC XBRL StockholdersEquity 0002058873-26-000030unverified
Shares outstanding209208543.02026-07-31SEC cover page 10-Q 0002058873-26-000030 (209,208,543 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/2058873/000205887326000030/q-20260630.htm 0002058873-26-000030not cross-checked

Piotroski F-Score

44 of 100. partial: 7, 8. How this is scored.

Test or factorValueThresholdPoints
1 Return on assets is positive5.2%pass = 111.11111111111111 / 11.11111111111111
2 Operating cash flow is positive1,273Mpass = 111.11111111111111 / 11.11111111111111
3 Return on assets improved on the prior year5.9% -> 5.2%pass = 10.0 / 11.11111111111111
4 Operating cash flow exceeds net income (accruals)1,273M vs 729Mpass = 111.11111111111111 / 11.11111111111111
5 Long-term debt / assets fell0.0% -> 28.5%pass = 10.0 / 11.11111111111111
6 Current ratio improved1.77 -> 1.95pass = 111.11111111111111 / 11.11111111111111
7 No new shares issued (share count did not rise) an input is not reported for one of the two years—pass = 1None / 11.11111111111111
8 Operating margin improved (stand-in for gross margin, which the dataset does not carry) an input is not reported for one of the two years—pass = 1None / 11.11111111111111
9 Asset turnover (revenue / assets) improved0.35 -> 0.34pass = 10.0 / 11.11111111111111
Inputs, 21 numbers with their sources
InputValuePeriodSourceCheck
net_income 2025-12-31729000000.02025-12-31 historySEC XBRL NetIncomeLoss 0001628280-26-024259unverified
total_assets 2025-12-3114070000000.02025-12-31 historySEC XBRL Assets 0002058873-26-000030unverified
cfo 2025-12-311273000000.02025-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0002058873-26-000010unverified
net_income 2025-12-31729000000.02025-12-31 historySEC XBRL NetIncomeLoss 0001628280-26-024259unverified
net_income 2024-12-31724000000.02024-12-31 historySEC XBRL ProfitLoss 0002058873-26-000010unverified
total_assets 2025-12-3114070000000.02025-12-31 historySEC XBRL Assets 0002058873-26-000030unverified
total_assets 2024-12-3112273000000.02024-12-31 historySEC XBRL Assets 0002058873-26-000010unverified
cfo 2025-12-311273000000.02025-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0002058873-26-000010unverified
net_income 2025-12-31729000000.02025-12-31 historySEC XBRL NetIncomeLoss 0001628280-26-024259unverified
lt_debt 2025-12-314003000000.02025-12-31 historySEC XBRL LongTermDebtAndCapitalLeaseObligations 0002058873-26-000030unverified
lt_debt 2024-12-310.02024-12-31 historySEC XBRL LongTermDebtAndCapitalLeaseObligations 0002058873-26-000010unverified
total_assets 2025-12-3114070000000.02025-12-31 historySEC XBRL Assets 0002058873-26-000030unverified
total_assets 2024-12-3112273000000.02024-12-31 historySEC XBRL Assets 0002058873-26-000010unverified
current_assets 2025-12-312638000000.02025-12-31 historySEC XBRL AssetsCurrent 0002058873-26-000030unverified
current_assets 2024-12-311483000000.02024-12-31 historySEC XBRL AssetsCurrent 0002058873-26-000010unverified
current_liabilities 2025-12-311356000000.02025-12-31 historySEC XBRL LiabilitiesCurrent 0002058873-26-000030unverified
current_liabilities 2024-12-31839000000.02024-12-31 historySEC XBRL LiabilitiesCurrent 0002058873-26-000010unverified
revenue 2025-12-314754000000.02025-12-31 historySEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0002058873-26-000010unverified
revenue 2024-12-314335000000.02024-12-31 historySEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0002058873-26-000010unverified
total_assets 2025-12-3114070000000.02025-12-31 historySEC XBRL Assets 0002058873-26-000030unverified
total_assets 2024-12-3112273000000.02024-12-31 historySEC XBRL Assets 0002058873-26-000010unverified

Earnings record

SEC XBRL, by fiscal year (named by the calendar year it ends in); EPS split-adjusted to today's shares; each row links to the filing.

FYEndedRevenue, $MNet income, $MEPS dilutedDividendFiling
20232023-12-314,0355332.42none0002058873-26-000010
20242024-12-314,3357243.31none0002058873-26-000010
20252025-12-314,7547293.3paid0001628280-26-024259

Insider transactions

SEC Form 4 open-market purchases and sales from the insider data sets; latest 20.

DateInsiderRoleTypeSharesPriceValue
2026-08-11De Bondt Karindirectorbuy1,000138.14138,140
2026-06-05Sterin Stevendirectorsale400148.3559,340
2026-05-26Sterin Stevendirectorsale511161.9782,767