Every number verified. Data direct from SEC Edgar. Every claim transparent.
You're comparing two platforms. Platform X shows a company with 50% profit margin. Platform Y shows 20%. Which is right?
Bad data leads to bad decisions. A single wrong number can mean the difference between a winning investment and a costly mistake. That's why every metric on Metric Duck is sourced directly from SEC Edgar filings—the official source for public company data.
100% SEC-sourced: All financial metrics pulled directly from official SEC Edgar filings. Same data source that regulators and institutional investors use.
Think of it like reading a student's report card directly from the school versus getting it third-hand through multiple people. We go straight to the source.
100% of our financial data comes from SEC Edgar, the official repository for US public company disclosures. No middlemen means no aggregation errors.
Every filing goes through validation: balance sheet equations, revenue trend analysis, and range checks. Data that fails validation is flagged for review.
Apple's revenue? Pulled directly from their 10-K filing on SEC Edgar. No aggregation errors, no third-party databases—just official SEC data.
Most metrics require just 1-2 arithmetic operations from standard GAAP line items. Complex metrics (ROIC, WACC) use industry-standard formulas.
Missing data appears as "N/A" with an explanation. We never estimate, interpolate, or fill gaps with industry averages.
Every page shows when data was last refreshed, so you know exactly how current the information is.
Transparency means being clear about what we do and don't provide:
We provide SEC-based fundamental analysis, not real-time trading data or technical indicators. Updates typically occur within 15-30 minutes of new filings.
We show Generally Accepted Accounting Principles (GAAP) metrics. Company-specific non-GAAP adjustments require manual review of footnotes.
Currently covers US public companies with SEC filings. Complex structures (REITs, banks, holding companies) may require additional manual analysis.
We take accuracy seriously. If you spot a discrepancy:
Email us at support@metricduck.com
Include: Company name, specific metric, what you expected vs. what you see
Response time: We investigate within 24 hours and make corrections as quickly as possible.
For technical users, developers, and search engines
We monitor SEC Edgar continuously for new 10-K, 10-Q, and 8-K filings. XBRL (eXtensible Business Reporting Language) data is parsed using industry-standard parsers. Each data point is tagged with original XBRL tag (e.g., us-gaap:Revenues), filing date, period covered, and reference to source filing.
Challenge: Companies use 50+ different XBRL tags for the same concept (revenue). Our system handles common variations but may miss unusual custom tags.
Before publishing, automated checks verify: balance sheet equations (Assets = Liabilities + Equity), revenue trend analysis (flag unusual changes >50% QoQ), metric range validation (ROIC between -100% and 1000%), and missing data detection.
We compute 200+ derived metrics including ROIC (Return on Invested Capital), WACC (Weighted Average Cost of Capital), FCF (Free Cash Flow), and financial ratios. Most metrics require just 1-2 arithmetic operations from GAAP line items. Complex metrics use industry-standard formulas.
Edge case handling: Negative equity for ROIC and zero share count scenarios are handled conservatively (shown as N/A when calculations would be misleading).
Financial statements: Typically updated within 15-30 minutes of new 10-K/10-Q filings appearing on SEC Edgar.Calculated metrics: Recomputed automatically when new financials are published.Company metadata: Industry, sector, and descriptions refreshed weekly.
7-10 years of historical data available depending on company age and XBRL adoption timeline. Pre-2009 filings may not be available in structured XBRL format.