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VMC, 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 VMC on Subtext ↗

Section length over time

0101820373055407320182019202020212022202320242025
  • 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

YearsSimilarityAddedRemovedSection length
20172018
1.00
+2811-27622817 wordsDiff →
20182019
0.99
+3435-28173435 wordsDiff →
20192020
0.99
+3703-34353703 wordsDiff →
20202021
1.00
+3647-37033647 wordsDiff →
20212022
0.98
+2779-35952831 wordsDiff →
20222023
1.00
+1252-12662817 wordsDiff →
20232024
1.00
+1294-12192892 wordsDiff →
20242025
1.00
+1089-10152966 wordsDiff →