PEP, risk-factor evolution
Item 1A (Risk Factors) year-over-year changes. Pre-computed at ingest time: paragraph adds/removes plus term-frequency cosine similarity between consecutive years.
📞 Earnings calls for PEP on Subtext ↗Section length over time
- Carried over
- Newly added
Item 1A word count by fiscal year, split into text carried over from the prior year vs. newly added (from year-over-year diffs).
Year-over-year transitions
| Years | Similarity | Added | Removed | Section length | |
|---|---|---|---|---|---|
| 2015 → 2017 | 1.00 | +12798 | -9867 | 12798 words | Diff → |
| 2017 → 2019 | 0.99 | +14524 | -12798 | 14524 words | Diff → |
| 2019 → 2020 | 0.98 | +6978 | -14524 | 6978 words | Diff → |
| 2020 → 2021 | 1.00 | +7989 | -6978 | 7989 words | Diff → |
| 2021 → 2022 | 1.00 | +7044 | -7055 | 7978 words | Diff → |
| 2022 → 2023 | 1.00 | +7343 | -6632 | 8689 words | Diff → |
| 2023 → 2024 | 1.00 | +7994 | -7376 | 9307 words | Diff → |
| 2024 → 2025 | 1.00 | +8442 | -8195 | 9554 words | Diff → |