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Where our data comes from

Laurel's company financials come from filings with the SEC. This article explains where each number comes from and how some are calculated.

Placeholder. The Laurel team will write this article before launch.

Company financials

Financial statement data comes from companies' filings with the U.S. Securities and Exchange Commission, retrieved from SEC EDGAR (opens in a new tab).

Fourth-quarter figures

Where a company doesn't report a fourth quarter separately, Laurel calculates it as the fiscal year minus the first three quarters.

Trailing twelve months

Trailing twelve-month figures add up the latest four reported quarters.

Prices

During development, prices on Laurel are generated sample data and are labelled as such. Before launch they will come from a licensed provider of end-of-day prices.

For the full list, see Disclosures and data sources.