Forensic Analysis · Technology / Software · as of Sep 25, 2026
Caci International Inc /De/ (CACI)
A forensic read on Caci International Inc /De/ built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Safe
Financial health
4.4
Distress distance
Clean
Earnings quality
2
Forensic signals
25.9
P / E (ttm)
12.0%
ROE
$13.6B
Market cap
10.9%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence, going concern, valuation). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Caci International Inc /De/ earns a C (Mixed — selective) forensic quality grade, and its balance-sheet distress test reads 4.4, placing it in the Safe zone. 2 forensic signals were flagged in its latest SEC filings, led by accruals ratio (% of noa).
What the filings flag
+31.1%
FY2025→FY2026
Accruals ratio (% of NOA).Net operating assets grew +31.1% relative to their own average in FY2026 — scaled by NOA itself, not by total assets, which is what the Forensic Screens card's own accrual row divides by. Accruals are building sharply — a large slice of profit sits in operating assets, not cash. An accrual is a claim that still has to be collected or written down, so the gap resolves in a later period whichever way it goes. The build is led by inventory up +40% against +11% in revenue and receivables up +21% against revenue +11%. A cash-flow measure on the same base disagrees: reported earnings ran in line with operating cash by 4% of net operating assets, against an accruals ratio of 31.1%. The two are computed differently: the accruals ratio is the change in net operating assets over average net operating assets, while the cash-flow figure is net income less operating cash flow over that same average. Read them as two results, not one.
6.9%
FY2026
Return on invested capital.Return on invested capital is 6.9% in the latest fiscal year and slipping across FY2024–FY2026 from 8.9%. After-tax operating profit was $501M in FY2024 and $700M in FY2026, with operating income at 8.5% of revenue in FY2024, 8.9% in FY2025 and 9.6% in FY2026. The capital base behind it grew +80% across FY2024–FY2026, from $5.6B to $10.2B, while the return fell 2.0 points, so the dollars added over that window earned less than the 8.9% the older base was already earning.
Key fundamentals
Latest Revenue$9.57B
Revenue Growth YoY+10.9%
Revenue CAGR (2yr)+11.8%
Net Margin5.6%
Free Cash Flow$780.1M
Return on Equity12.0%
Debt / Equity1.10x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Caci International Inc /De/'s actual 10-K/10-Q/8-K filings?