Echelon
L18 · CompsXP0PASSED0

Read the table honestly — what a dash means, and what may be compared

A comps table looks like a grid of numbers. It is actually a grid of claims — and some of the most informative cells are the ones that refuse. Below is a real peer set whose members were chosen for what they file: three chipmakers and one bank, on different fiscal calendars.

Write what an honest analyst reads here: what the refusal cells are saying, why the fiscal windows differ, and which comparisons the table actually supports. The mentor grades the reading, not the recitation.

Every cell either cites a filing or refuses with its reason. A refusal is a fact about the filing, not missing data; a fiscal-year label is each filer's own window; and a comparison is legitimate within one metric column where both cells are filed.

The table · NVDAcited per filer, or refused
MetricNVDAFY2026AMDFY2025INTCFY2025JPMFY2025
Revenue growth (YoY)+65.5% vs FY2025+34.3% vs FY2024-0.5% vs FY2024
Gross margin71.1%49.5%34.8%
Operating margin60.4%10.7%-4.2%
Net margin55.6%12.5%-0.5%31.3%
Return on equity76.3%15.7%

NVIDIA CORP 10-K comps set (NVDA · AMD · INTC · JPM), every cell cited or refused per filer, via SEC EDGAR

  • explains what a refusal cell means (the filer doesn't report the concept — not missing data)
  • names the fiscal-calendar mismatch (same-numbered fiscal years are different windows)
  • states where comparison is legitimate (within one metric column, where both cells ground)

Educational use only — not investment advice. Figures come from public SEC filings; Echelon teaches you to analyze data, it never recommends buying or selling any security.

Educational use only — not investment advice. Figures come from public SEC filings; Echelon teaches you to analyze data, it never recommends buying or selling any security.