Analysis10k / Blog

Public companies, decoded straight from their own filings.

Every article on Analysis10k starts with a 10-K, a 10-Q, or an earnings call transcript — never a headline. We publish three angles per company: what it does, how its story has changed, and what its stock price is betting on.

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GS
Reverse DCF

What GS's Stock Price Is Really Betting On

Goldman Sachs's balance sheet makes a standard reverse DCF meaningless — so this uses the bank-valuation model investors actually rely on instead: reverse-engineering the return on equity its stock price already assumes.

2026-09-06
PEP
Company Snapshot

PepsiCo (PEP): What This Company Actually Does

A plain-English read of PepsiCo's business model — snacks and beverages sold through retail worldwide — built directly from its SEC filings.

2026-09-06
PEP
The Story

PepsiCo's Last Three Years: Three Straight 'Second-Half Recovery' Promises

How PepsiCo went from boasting 55 straight quarters of beating consensus to cutting guidance two years running — once mid-year — while repeating 'it gets better in the second half' for a third straight year.

2026-09-06
PEP
Reverse DCF

What PEP's Stock Price Is Really Betting On

Reverse-engineering the growth rate PepsiCo's share price already assumes — and comparing it with the company's actual growth record.

2026-09-06
MCD
Company Snapshot

McDonald's (MCD): What This Company Actually Does

A plain-English read of McDonald's business model — leasing real estate and brand to franchisees — built directly from its SEC filings.

2026-09-06
CRWD
Company Snapshot

CrowdStrike (CRWD): What This Company Actually Does

A plain-English read of CrowdStrike's business model — real-time cyberattack detection sold as a subscription — built directly from its SEC filings.

2026-09-06
75 posts published25 companies covered3 post types per company — Snapshot · Story · Reverse DCF