Forensic Analysis · Software & SaaS · as of Nov 8, 2026
Ccc Intelligent Solutions Holdings Inc. (CCC)
A forensic read on Ccc Intelligent Solutions Holdings Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Distress
Financial health
-0.1
Distress distance
Clean
Earnings quality
6
Forensic signals
0.1%
ROE
11.9%
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 (auditor quality, say on pay, board independence, going concern). 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.
Ccc Intelligent Solutions Holdings Inc. earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads -0.1, placing it in the Distress zone. 6 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
2.1%
FY2025
Return on invested capital.Return on invested capital is 2.1% in the latest fiscal year and rising across FY2023–FY2025 from -0.7%. After-tax operating profit was ($19M) in FY2023 and $61M in FY2025, with operating income at -2.8% of revenue in FY2023, 8.5% in FY2024 and 8.9% in FY2025. The capital base behind it went from $2.7B in FY2023 to $2.9B in FY2025 (+8%), while the revenue it carried went from $866M to $1.1B. Across FY2024–FY2025, $524M went into capital expenditure and acquisitions against $102M of total depreciation and amortisation. The base is struck net of amortisation, write-downs and the current liabilities that fund it, so it moved by less than that spending net of the wear, and this row does not say which of those absorbed the difference. FY2023's operating profit carried a $77M goodwill write-off and a $5M asset write-down that alone took about 2.4 points off that year's return, so about 2.4 of the 2.8-point rise across FY2023–FY2025 is that charge leaving the base year rather than the capital earning more. A non-cash write-down lowers the reported return in the year it lands.
236% of FCF
FY2025
Shareholder returns.Returned $601M to shareholders (buybacks + dividends) in FY2025 — 236% of free cash flow. That is $346M (136%) more than free cash flow covered, and more than operating cash flow as well. The balance sheet covered it: cash fell $288M and total debt rose $509M over FY2025. A payout past free cash flow draws the balance sheet down in every year it continues, which isn't sustainable indefinitely. Counting the $175M of stock-based comp paid out in shares on top of that, the combined claim on free cash flow is 305%.
47d DSO
FY2024→FY2025
Receivables vs revenue.Days sales outstanding moved from 41 to 47 days FY2024→FY2025 (receivables +29% vs revenue +12%). Across FY2023–FY2025 the day count ran 43 → 41 → 47 days, so the latest reading sits on top of a record that was flat or falling before it — one year's move, not a direction the business has been travelling in. Receivables grew, but deferred revenue grew +60% over the same period too — rising alongside rising unearned revenue reads as upfront billing on multi-period contracts, not slipping collections. Both figures are measured on period-end balances rather than the beginning-plus-ending average, because averaging needs the balance a year before every reading — FY2024's opening balance is on file, but across the 3 fiscal years read here (FY2023–FY2025) the average yields only 2 day counts (1 step), too few to tell a climb from one year's move.DSO (days sales outstanding): the average days the company waits to collect cash after a sale.
+3.3%/yr
FY2023–FY2025
Share-count dilution.Diluted share count changed +7% over the last 2 years to FY2025 (+3.3%/yr). The count is growing — 617.9M shares in FY2023, 659.6M in FY2025: more stock was issued than repurchased over this window, so aggregate results grew faster than their per-share equivalents. That's ~3.3% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2023 has been diluted ~6%.
17% of rev
FY2025
Stock-based comp load.Stock-based compensation ran 17% of revenue and 69% of free cash flow in FY2025 — about $0.27 per diluted share. No cash left the business to pay it, which is why operating cash flow adds it back. Net of repurchases the diluted count still rose about 3.3% a year across FY2023–FY2025, and the rate is falling. Stock compensation is one source of that issuance; acquisition consideration, equity raises, convertibles and other employee plans also net into the count, and these figures do not separate them.
$77M
FY2023
Goodwill impairments.Took $77M of goodwill writedowns across 1 year (FY2023 ($77M)). Writedowns mean past acquisitions underperformed what was paid for them.
Key fundamentals
Latest Revenue$1.06B
Revenue Growth YoY+11.9%
Revenue CAGR (2yr)+10.5%
Net Margin0.2%
Free Cash Flow$254.5M
Return on Equity0.1%
Debt / Equity0.72x
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 Ccc Intelligent Solutions Holdings Inc.'s actual 10-K/10-Q/8-K filings?