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Aurora Innovation earnings quality score
How much of the reported profit is backed by cash, and how many markers of managed earnings the filings show
Score64 / 100 · grade C · rank 582 of 1027
Aurora Innovation (AUR) scores 64 of 100 for earnings quality, grade C: rank 582 of 1027 companies and 133 of 203 in technology. It loses the most points on discretionary accruals of +12.1% of assets (modified Jones), larger than most, adjusted earnings 12% below GAAP, accruals of -10.5% of assets, lower than 85% of companies (profit backed by cash). It earns full or near-full marks for profit about as variable as cash flow (smoothness 4.67).
What earned and lost points
| Component | What the filings show | Points | Of |
|---|---|---|---|
| Accruals | accruals of -10.5% of assets, lower than 85% of companies (profit backed by cash) | 38 | 44 |
| Discretionary accruals | discretionary accruals of +12.1% of assets (modified Jones), larger than most | 2 | 22 |
| Non-GAAP gap | adjusted earnings 12% below GAAP | 13 | 22 |
| Earnings smoothness | profit about as variable as cash flow (smoothness 4.67) | 11 | 11 |
How the score is built
Eight published measures, each scored against the whole universe or on its own scale and weighted: accruals 20, discretionary accruals 10, Beneish M 15, Dechow F 15, Montier C 15, Piotroski F 10, the non-GAAP gap 10, smoothness 5. A measure that cannot be computed (Beneish for a bank, say) drops out and the rest is rescaled, so every company is scored on what applies to it.
Every company ranked → The full quality workbench, live → Aurora Innovation: cash flow →
Computed from the companies’ own XBRL filings (latest fiscal year) by published formulas; a statistical screen, not an audit or an accusation. A low score means the reported profit shows more of the markers of managed or low-quality earnings than its peers. Not investment advice.