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Companies · Puzzle #7 · Tuesday, October 6

Companies: the board

Eight items, eight categories, one place each. Here is the board with every figure and where it comes from, and the best way to place them. Play today's Companies.

The categories

  • Profit: 1.5 pts per doubling over $150M, last year
  • Profit margin: 1 pt per 3% margin, last year
  • Buybacks: 1 pt per doubling over $10M, last year
  • California HQ: 10 pts if based in California
  • Heritage: 1 pt per 15 years old
  • Workforce: 1.5 pts per doubling over 2,500 staff, at year end
  • Growth: 1 pt per 2.5% sales growth, last year
  • Off-calendar year: 10 pts if its year ends off December

The best board

  1. Netflix in California HQ: headquartered in Los Gatos, CA (10.0)
  2. PepsiCo in Workforce: 306,000 employees at the end of December 2025 (10.0)
  3. Kroger in Heritage: founded in 1882, 144 years ago (9.6)
  4. Broadcom in Profit margin: a 36.2% profit margin in the year to November 2025 (10.0)
  5. Bristol Myers Squibb in Profit: $7.1B profit in the year to December 2025 (8.3)
  6. Chevron in Buybacks: $12.1B of its own stock bought back in the year to December 2025 (10.0)
  7. Burlington in Off-calendar year: its fiscal year ends in January (10.0)
  8. DoorDash in Growth: sales up 27.9% in the year to December 2025 (10.0)

The most this board could score: 77.9 of 80.

The lineup, figure by figure

  1. Netflix

    Streaming service for films and series

    Profit
    $11.0B profit in the year to December 2025 (9.3) Source: NETFLIX INC 10-K, filed 2026-01-23
    Profit margin
    a 24.3% profit margin in the year to December 2025 (8.1) Source: NETFLIX INC 10-K, filed 2026-01-23
    Buybacks
    $9.1B of its own stock bought back in the year to December 2025 (9.8) Source: NETFLIX INC 10-K, filed 2026-01-23
    California HQ
    headquartered in Los Gatos, CA (10.0) Source: NETFLIX INC 10-K, filed 2026-01-23
    Heritage
    founded in 1997, 29 years ago (1.9) Source: NETFLIX INC 10-K, filed 2026-01-23
    Workforce
    16,000 employees at the end of December 2025 (4.0) Source: NETFLIX INC 10-K, filed 2026-01-23
    Growth
    sales up 15.8% in the year to December 2025 (6.3) Source: NETFLIX INC 10-K, filed 2026-01-23
    Off-calendar year
    its fiscal year ends in December (0.0) Source: NETFLIX INC 10-K, filed 2026-01-23
  2. PepsiCo

    Pepsi, Gatorade, Lay's and Doritos

    Profit
    $8.2B profit in the year to December 2025 (8.7) Source: PEPSICO INC 10-K, filed 2026-02-03
    Profit margin
    a 8.8% profit margin in the year to December 2025 (2.9) Source: PEPSICO INC 10-K, filed 2026-02-03
    Buybacks
    $1.0B of its own stock bought back in the year to December 2025 (6.6) Source: PEPSICO INC 10-K, filed 2026-02-03
    California HQ
    headquartered in Purchase, NY (0.0) Source: PEPSICO INC 10-K, filed 2026-02-03
    Heritage
    founded in 1961, 65 years ago (4.3) Source: PEPSICO INC 10-K, filed 2026-02-03
    Workforce
    306,000 employees at the end of December 2025 (10.0) Source: PEPSICO INC 10-K, filed 2026-02-03
    Growth
    sales up 2.3% in the year to December 2025 (0.9) Source: PEPSICO INC 10-K, filed 2026-02-03
    Off-calendar year
    its fiscal year ends in December (0.0) Source: PEPSICO INC 10-K, filed 2026-02-03
  3. Kroger

    Supermarkets, including Ralphs and Fred Meyer

    Profit
    $1.0B profit in the year to January 2026 (4.1) Source: KROGER CO 10-K, filed 2026-03-31
    Profit margin
    a 0.7% profit margin in the year to January 2026 (0.2) Source: KROGER CO 10-K, filed 2026-03-31
    Buybacks
    $2.7B of its own stock bought back in the year to January 2026 (8.1) Source: KROGER CO 10-K, filed 2026-03-31
    California HQ
    headquartered in Cincinnati, OH (0.0) Source: KROGER CO 10-K, filed 2026-03-31
    Heritage
    founded in 1882, 144 years ago (9.6) Source: KROGER CO 10-K, filed 2026-03-31
    Workforce
    403,000 employees at the end of January 2026 (10.0) Source: KROGER CO 10-K, filed 2026-03-31
    Growth
    sales up 0.4% in the year to January 2026 (0.1) Source: KROGER CO 10-K, filed 2026-03-31
    Off-calendar year
    its fiscal year ends in January (10.0) Source: KROGER CO 10-K, filed 2026-03-31
  4. Broadcom

    Networking chips and VMware software

    Profit
    $23.1B profit in the year to November 2025 (10.0) Source: Broadcom Inc. 10-K, filed 2025-12-18
    Profit margin
    a 36.2% profit margin in the year to November 2025 (10.0) Source: Broadcom Inc. 10-K, filed 2025-12-18
    Buybacks
    $2.5B of its own stock bought back in the year to November 2025 (7.9) Source: Broadcom Inc. 10-K, filed 2025-12-18
    California HQ
    headquartered in Palo Alto, CA (10.0) Source: Broadcom Inc. 10-K, filed 2025-12-18
    Heritage
    founded in 1961, 65 years ago (4.3) Source: Broadcom Inc. 10-K, filed 2025-12-18
    Workforce
    33,000 employees at the end of November 2025 (5.6) Source: Broadcom Inc. 10-K, filed 2025-12-18
    Growth
    sales up 23.9% in the year to November 2025 (9.5) Source: Broadcom Inc. 10-K, filed 2025-12-18
    Off-calendar year
    its fiscal year ends in November (10.0) Source: Broadcom Inc. 10-K, filed 2025-12-18
  5. Bristol Myers Squibb

    Drugmaker behind Eliquis and Opdivo

    Profit
    $7.1B profit in the year to December 2025 (8.3) Source: BRISTOL MYERS SQUIBB CO 10-K, filed 2026-02-11
    Profit margin
    a 14.6% profit margin in the year to December 2025 (4.9) Source: BRISTOL MYERS SQUIBB CO 10-K, filed 2026-02-11
    Buybacks
    no buybacks in the year to December 2025 (0.0) Source: BRISTOL MYERS SQUIBB CO 10-K, filed 2026-02-11
    California HQ
    headquartered in Princeton, NJ (0.0) Source: BRISTOL MYERS SQUIBB CO 10-K, filed 2026-02-11
    Heritage
    founded in 1989, 37 years ago (2.5) Source: BRISTOL MYERS SQUIBB CO 10-K, filed 2026-02-11
    Workforce
    32,500 employees at the end of December 2025 (5.6) Source: BRISTOL MYERS SQUIBB CO 10-K, filed 2026-02-11
    Growth
    sales down 0.2% in the year to December 2025 (0.0) Source: BRISTOL MYERS SQUIBB CO 10-K, filed 2026-02-11
    Off-calendar year
    its fiscal year ends in December (0.0) Source: BRISTOL MYERS SQUIBB CO 10-K, filed 2026-02-11
  6. Chevron

    Oil and gas, plus Chevron and Texaco stations

    Profit
    $12.3B profit in the year to December 2025 (9.5) Source: CHEVRON CORP 10-K, filed 2026-02-24
    Profit margin
    a 6.5% profit margin in the year to December 2025 (2.2) Source: CHEVRON CORP 10-K, filed 2026-02-24
    Buybacks
    $12.1B of its own stock bought back in the year to December 2025 (10.0) Source: CHEVRON CORP 10-K, filed 2026-02-24
    California HQ
    headquartered in Houston, TX (0.0) Source: CHEVRON CORP 10-K, filed 2026-02-24
    Heritage
    founded in 1879, 147 years ago (9.8) Source: CHEVRON CORP 10-K, filed 2026-02-24
    Workforce
    43,039 employees at the end of December 2025 (6.2) Source: CHEVRON CORP 10-K, filed 2026-02-24
    Growth
    sales down 6.8% in the year to December 2025 (0.0) Source: CHEVRON CORP 10-K, filed 2026-02-24
    Off-calendar year
    its fiscal year ends in December (0.0) Source: CHEVRON CORP 10-K, filed 2026-02-24
  7. Burlington

    Off-price clothing and home stores

    Profit
    $610M profit in the year to January 2026 (3.0) Source: Burlington Stores, Inc. 10-K, filed 2026-03-19
    Profit margin
    a 5.3% profit margin in the year to January 2026 (1.8) Source: Burlington Stores, Inc. 10-K, filed 2026-03-19
    Buybacks
    $278M of its own stock bought back in the year to January 2026 (4.8) Source: Burlington Stores, Inc. 10-K, filed 2026-03-19
    California HQ
    headquartered in Burlington, NJ (0.0) Source: Burlington Stores, Inc. 10-K, filed 2026-03-19
    Heritage
    founded in 1972, 54 years ago (3.6) Source: Burlington Stores, Inc. 10-K, filed 2026-03-19
    Workforce
    83,309 employees at the end of January 2026 (7.6) Source: Burlington Stores, Inc. 10-K, filed 2026-03-19
    Growth
    sales up 8.8% in the year to January 2026 (3.5) Source: Burlington Stores, Inc. 10-K, filed 2026-03-19
    Off-calendar year
    its fiscal year ends in January (10.0) Source: Burlington Stores, Inc. 10-K, filed 2026-03-19
  8. DoorDash

    Food and grocery delivery app

    Profit
    $935M profit in the year to December 2025 (4.0) Source: DoorDash, Inc. 10-K, filed 2026-02-18
    Profit margin
    a 6.8% profit margin in the year to December 2025 (2.3) Source: DoorDash, Inc. 10-K, filed 2026-02-18
    Buybacks
    no buybacks in the year to December 2025 (0.0) Source: DoorDash, Inc. 10-K, filed 2026-02-18
    California HQ
    headquartered in San Francisco, CA (10.0) Source: DoorDash, Inc. 10-K, filed 2026-02-18
    Heritage
    founded in 2012, 14 years ago (0.9) Source: DoorDash, Inc. 10-K, filed 2026-02-18
    Workforce
    31,400 employees at the end of December 2025 (5.5) Source: DoorDash, Inc. 10-K, filed 2026-02-18
    Growth
    sales up 27.9% in the year to December 2025 (10.0) Source: DoorDash, Inc. 10-K, filed 2026-02-18
    Off-calendar year
    its fiscal year ends in December (0.0) Source: DoorDash, Inc. 10-K, filed 2026-02-18

All of puzzle #7 · The archive

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