{
  "reviewDate": "2026-10-18",
  "scope": "Five completed fiscal years for each of the16 operating-company scorecards. SPARC rights have no operating-results history.",
  "method": "Annual financial statements and issuer business-driver disclosures. Missing/incompatible observations are explicit nulls with explanations; no interpolation or interim annualisation. Stock-split and reporting-perimeter qualifications travel with each observation. Current market prices,13F weights and valuation ratios remain dated snapshots rather than invented historical observations.",
  "coverage": [
    {
      "ticker": "MSFT",
      "financialYears": [
        2022,
        2023,
        2024,
        2025,
        2026
      ],
      "originalGroupYears": [],
      "businessYears": [
        2022,
        2023,
        2024,
        2025,
        2026
      ],
      "businessObservations": 22,
      "businessUnavailable": 3,
      "note": ""
    },
    {
      "ticker": "AMZN",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 25,
      "businessUnavailable": 0,
      "note": ""
    },
    {
      "ticker": "META",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 25,
      "businessUnavailable": 0,
      "note": ""
    },
    {
      "ticker": "UBER",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 20,
      "businessUnavailable": 5,
      "note": ""
    },
    {
      "ticker": "NFLX",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 20,
      "businessUnavailable": 5,
      "note": ""
    },
    {
      "ticker": "V",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 20,
      "businessUnavailable": 0,
      "note": ""
    },
    {
      "ticker": "MA",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 23,
      "businessUnavailable": 2,
      "note": ""
    },
    {
      "ticker": "ICE",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 20,
      "businessUnavailable": 0,
      "note": ""
    },
    {
      "ticker": "ALC",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 25,
      "businessUnavailable": 0,
      "note": ""
    },
    {
      "ticker": "SPGI",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 11,
      "businessUnavailable": 9,
      "note": "Only FY2025 is supplied on the verified post-Mobility pro forma perimeter. Earlier original-group history is not spliced into this trend."
    },
    {
      "ticker": "QSR",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 30,
      "businessUnavailable": 0,
      "note": ""
    },
    {
      "ticker": "BN",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 35,
      "businessUnavailable": 0,
      "note": ""
    },
    {
      "ticker": "HHH",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 14,
      "businessUnavailable": 11,
      "note": ""
    },
    {
      "ticker": "FNMA",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 19,
      "businessUnavailable": 1,
      "note": ""
    },
    {
      "ticker": "FMCC",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 24,
      "businessUnavailable": 1,
      "note": ""
    },
    {
      "ticker": "SEG",
      "financialYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "originalGroupYears": [],
      "businessYears": [
        2021,
        2022,
        2023,
        2024,
        2025
      ],
      "businessObservations": 16,
      "businessUnavailable": 4,
      "note": ""
    }
  ]
}