Valuein — SEC EDGAR Fundamentals & Smart-Money Data

Valuation Metrics

get_valuation_metrics

Read-onlyIdempotent

Get what a US public company is TRADING AT, plus two parameter-free reference points. This is NOT an opinion of intrinsic worth — for that, call compute_dcf with assumptions you state explicitly, and present the result as a scenario, never as "the" fair value. Returns per-period data combining computed ratios (gross_margin, operating_margin, net_margin, ROE, ROA, ROIC, debt_to_equity, FCF, FCF margin), price-derived valuation_multiples (current_price, market_cap, pe_ratio, pb_ratio, ev_ebitda, dividend_yield), and reference_points (graham_number, ncav_per_share) — two assumption-free values computed directly from filed fundamentals, with no discount rate or growth assumption baked in. Profitability/cash-flow/leverage fields come from fact.parquet (PIT-safe via accepted_at). valuation_multiples and reference_points come from ratio.parquet's valuation category + stock_price.parquet period-end close (per-period current_price for every fiscal year), derived from EOD prices period-end-aligned. Each value is a {value, unit} pair (unit varies: x / USD / percent); a null value carries a null_reasons[field] code — ALWAYS check it before assuming zero (null != 0). Use this instead of get_financial_ratios when observed multiples matter; use get_financial_ratios when you only need the raw ratio table; use compute_dcf whenever the user is asking what the company is WORTH, not what it trades at. Available on all plans.

Input Schema

TableJSON Schema

Name	Required	Description	Default
`limit`	No	Maximum number of periods to return (1–40). Defaults to 5.
`period`	No	Filing period granularity. Annual uses 10-K; quarterly uses 10-Q.	annual
`ticker`	Yes	Stock ticker symbol, e.g. AAPL, MSFT — or a CIK (SEC identifier), e.g. '0000320193'.
`as_of_date`	No	Point-in-time date (YYYY-MM-DD). Only returns data with accepted_at on or before this date. Eliminates look-ahead bias for backtesting.
`fiscal_year`	No	Fiscal year (YYYY). Omit to return most recent periods.

Output Schema

TableJSON Schema

Name	Required	Description
`data`	Yes
`_meta`	Yes	Provenance envelope — data lineage for every MCP response
`period`	Yes
`ticker`	Yes
`as_of_date`	Yes
`periods_returned`	Yes

Schema Changelog

Changes observed during successful MCP inspections.

Changed1 schema field changedSep 18, 2026

changedOutput schema / properties / _meta / properties / fundamentals_as_of / description

Previous value: -"ISO timestamp when the FINANCIAL STATEMENTS were last rebuilt. Use THIS — not `last_updated` — when telling a user how current the fundamentals are. The snapshot is republished on every weekday price refresh while the statements are carried forward unchanged, so `last_updated` can be far more recent than the numbers it sits next to."New value: +"ISO timestamp when the FINANCIAL STATEMENTS were last rebuilt in bulk. Use THIS — not `last_updated` — when telling a user how current the cross-sectional fundamentals are. The snapshot is republished on every weekday price refresh while the statements are carried forward unchanged, so `last_updated` can be far more recent than the numbers it sits next to. It is a floor for a single filer, not a ceiling: a filer with a live partition receives its filing, facts and ratios intraday (minutes after EDGAR dissemination), so an entity-scoped read may carry a filing newer than this; cross-sectional ranks (factor scores, earnings signals) refresh with the weekly bulk export."

Changed9 schema fields changedSep 14, 2026

removedOutput schema / properties / data / items / properties / dcf_model

Removed value: -{
-  "additionalProperties": false,
-  "properties": {
-    "dcf_value_per_share": {
-      "type": [
-        "number",
-        "null"
-      ]
-    },
-    "ddm_value_per_share": {
-      "type": [
-        "number",
-        "null"
-      ]
-    },
-    "fcf_base_per_share": {
-      "description": "Pipeline DCF base earnings, PER-SHARE USD (from valuation.base_earnings). NOT the absolute total-company FCF base compute_dcf reports as `fcf_base_total_usd`.",
-      "type": [
-        "number",
-        "null"
-      ]
-    },
-    "stage1_growth_rate": {
-      "type": [
-        "number",
-        "null"
-      ]
-    },
-    "status": {
-      "additionalProperties": false,
-      "properties": {
-        "detail": {
-          "type": "string"
-        },
-        "reason": {
-          "enum": [
-            "INPUT_MISSING",
-            "DENOMINATOR_NEGATIVE",
-            "VALUATION_NOT_COMPUTED",
-            "PIPELINE_NOT_AVAILABLE",
-            "PRICE_NOT_AVAILABLE"
-          ],
-          "type": "string"
-        }
-      },
-      "required": [
-        "reason",
-        "detail"
-      ],
-      "type": "object"
-    },
-    "terminal_growth_rate": {
-      "type": [
-        "number",
-        "null"
-      ]
-    },
-    "wacc": {
-      "type": [
-        "number",
-        "null"
-      ]
-    }
-  },
-  "required": [
-    "wacc",
-    "fcf_base_per_share",
-    "stage1_growth_rate",
-    "terminal_growth_rate",
-    "dcf_value_per_share",
-    "ddm_value_per_share"
-  ],
-  "type": "object"
-}

removedOutput schema / properties / data / items / properties / null_reasons / additionalProperties / $ref
```
Removed value: -"#/properties/data/items/properties/dcf_model/properties/status"
```
addedOutput schema / properties / data / items / properties / null_reasons / additionalProperties / additionalProperties
```
Added value: +false
```

addedOutput schema / properties / data / items / properties / null_reasons / additionalProperties / properties

Added value: +{
+  "detail": {
+    "type": "string"
+  },
+  "reason": {
+    "enum": [
+      "INPUT_MISSING",
+      "DENOMINATOR_NEGATIVE",
+      "PIPELINE_NOT_AVAILABLE",
+      "PRICE_NOT_AVAILABLE"
+    ],
+    "type": "string"
+  }
+}

addedOutput schema / properties / data / items / properties / null_reasons / additionalProperties / required
```
Added value: +[
+  "reason",
+  "detail"
+]
```
addedOutput schema / properties / data / items / properties / null_reasons / additionalProperties / type
```
Added value: +"object"
```

addedOutput schema / properties / data / items / properties / reference_points

Added value: +{
+  "additionalProperties": false,
+  "properties": {
+    "graham_number": {
+      "additionalProperties": false,
+      "description": "sqrt(22.5 * diluted EPS * book value per share). A parameter-free screening threshold, NOT an intrinsic-value estimate — it takes no assumptions about growth or discount rate.",
+      "properties": {
+        "unit": {
+          "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/unit"
+        },
+        "value": {
+          "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/value"
+        }
+      },
+      "required": [
+        "value",
+        "unit"
+      ],
+      "type": "object"
+    },
+    "ncav_per_share": {
+      "additionalProperties": false,
+      "description": "Graham net current asset value per share ((current assets − total liabilities) / diluted shares). A parameter-free liquidation-floor reference point, NOT an intrinsic-value estimate.",
+      "properties": {
+        "unit": {
+          "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/unit"
+        },
+        "value": {
+          "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/value"
+        }
+      },
+      "required": [
+        "value",
+        "unit"
+      ],
+      "type": "object"
+    }
+  },
+  "required": [
+    "graham_number",
+    "ncav_per_share"
+  ],
+  "type": "object"
+}

changedOutput schema / properties / data / items / required

Previous value: -[
-  "fiscal_year",
-  "fiscal_period",
-  "period_end",
-  "accepted_at",
-  "profitability",
-  "cash_flow",
-  "leverage",
-  "valuation_multiples",
-  "dcf_model"
-]New value: +[
+  "fiscal_year",
+  "fiscal_period",
+  "period_end",
+  "accepted_at",
+  "profitability",
+  "cash_flow",
+  "leverage",
+  "valuation_multiples",
+  "reference_points"
+]

removedOutput schema / properties / dcf_pit

Removed value: -{
-  "description": "Present only when as_of_date is supplied. The DCF/DDM leg comes from valuation.parquet, which is filtered by created_at (the pipeline computation timestamp), NOT the SEC accepted_at — so even with an as_of_date cut the DCF figures are BEST-EFFORT point-in-time, not strictly look-ahead-free. The profitability/cash-flow/leverage legs ARE strictly PIT-safe (fact.parquet, accepted_at).",
-  "enum": [
-    "best_effort"
-  ],
-  "type": "string"
-}

Changed2 schema fields changedSep 11, 2026

changedInput schema / properties / ticker / description

Previous value: -"Stock ticker symbol, e.g. AAPL, MSFT"New value: +"Stock ticker symbol, e.g. AAPL, MSFT — or a CIK (SEC identifier), e.g. '0000320193'."

changedInput schema / properties / ticker / pattern

Previous value: -"^[A-Za-z.\\-]+$"New value: +"^[A-Za-z0-9.\\-]+$"

Changed1 schema field changedAug 2, 2026

addedOutput schema / properties / data / items / properties / metrics_display

Added value: +{
+  "additionalProperties": {
+    "type": [
+      "string",
+      "null"
+    ]
+  },
+  "description": "The figure rendered exactly as it should be quoted in prose ($402.83B, 59.65%, $6.11). QUOTE THESE VERBATIM. Do not re-render the raw number in `metrics` yourself: a figure you reformat no longer matches the string Valuein can bind to its filing, so it is reported to the reader as unverified even though the underlying fact was sound.",
+  "type": "object"
+}

Changed33 schema fields changedJul 25, 2026
- addedOutput schema / properties / _meta / properties / fundamentals_as_of
```
Added value: +{
+  "description": "ISO timestamp when the FINANCIAL STATEMENTS were last rebuilt. Use THIS — not `last_updated` — when telling a user how current the fundamentals are. The snapshot is republished on every weekday price refresh while the statements are carried forward unchanged, so `last_updated` can be far more recent than the numbers it sits next to.",
+  "type": "string"
+}
```
- addedOutput schema / properties / _meta / properties / price_as_of
```
Added value: +{
+  "description": "ISO timestamp when the price surfaces were last refreshed.",
+  "type": "string"
+}
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / current_price / description
```
Added value: +"Period-end close for THIS fiscal period — NOT the current market price. Aligned to this row's period_end, so on a historical row it is a historical price. For the latest quote call get_stock_price; for current multiples call get_pit_valuation_ratios with as_of_date omitted."
```
- removedOutput schema / properties / data / items / properties / valuation_multiples / properties / dividend_yield / $ref
```
Removed value: -"#/properties/data/items/properties/valuation_multiples/properties/current_price"
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / dividend_yield / additionalProperties
```
Added value: +false
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / dividend_yield / description
```
Added value: +"Dividend yield at this row's period_end — historical, not the current yield."
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / dividend_yield / properties
```
Added value: +{
+  "unit": {
+    "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/unit"
+  },
+  "value": {
+    "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/value"
+  }
+}
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / dividend_yield / required
```
Added value: +[
+  "value",
+  "unit"
+]
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / dividend_yield / type
```
Added value: +"object"
```
- removedOutput schema / properties / data / items / properties / valuation_multiples / properties / ev_ebitda / $ref
```
Removed value: -"#/properties/data/items/properties/valuation_multiples/properties/current_price"
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / ev_ebitda / additionalProperties
```
Added value: +false
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / ev_ebitda / description
```
Added value: +"EV/EBITDA at this row's period_end — a historical multiple, not the current one."
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / ev_ebitda / properties
```
Added value: +{
+  "unit": {
+    "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/unit"
+  },
+  "value": {
+    "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/value"
+  }
+}
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / ev_ebitda / required
```
Added value: +[
+  "value",
+  "unit"
+]
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / ev_ebitda / type
```
Added value: +"object"
```
- removedOutput schema / properties / data / items / properties / valuation_multiples / properties / market_cap / $ref
```
Removed value: -"#/properties/data/items/properties/valuation_multiples/properties/current_price"
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / market_cap / additionalProperties
```
Added value: +false
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / market_cap / description
```
Added value: +"Market cap at this row's period_end close — NOT the current market cap."
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / market_cap / properties
```
Added value: +{
+  "unit": {
+    "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/unit"
+  },
+  "value": {
+    "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/value"
+  }
+}
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / market_cap / required
```
Added value: +[
+  "value",
+  "unit"
+]
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / market_cap / type
```
Added value: +"object"
```
- removedOutput schema / properties / data / items / properties / valuation_multiples / properties / pb_ratio / $ref
```
Removed value: -"#/properties/data/items/properties/valuation_multiples/properties/current_price"
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / pb_ratio / additionalProperties
```
Added value: +false
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / pb_ratio / description
```
Added value: +"P/B at this row's period_end — a historical multiple, not the current one."
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / pb_ratio / properties
```
Added value: +{
+  "unit": {
+    "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/unit"
+  },
+  "value": {
+    "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/value"
+  }
+}
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / pb_ratio / required
```
Added value: +[
+  "value",
+  "unit"
+]
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / pb_ratio / type
```
Added value: +"object"
```
- removedOutput schema / properties / data / items / properties / valuation_multiples / properties / pe_ratio / $ref
```
Removed value: -"#/properties/data/items/properties/valuation_multiples/properties/current_price"
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / pe_ratio / additionalProperties
```
Added value: +false
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / pe_ratio / description
```
Added value: +"P/E at this row's period_end — a historical multiple, not the current one."
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / pe_ratio / properties
```
Added value: +{
+  "unit": {
+    "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/unit"
+  },
+  "value": {
+    "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price/properties/value"
+  }
+}
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / pe_ratio / required
```
Added value: +[
+  "value",
+  "unit"
+]
```
- addedOutput schema / properties / data / items / properties / valuation_multiples / properties / pe_ratio / type
```
Added value: +"object"
```

Changed2 schema fields changedJul 7, 2026

addedOutput schema / properties / _meta / properties / cost_usd

Added value: +{
+  "additionalProperties": false,
+  "description": "Per-call cost transparency. Omitted for subscription-only tools that have no PAYG-equivalent price.",
+  "properties": {
+    "amount_usd": {
+      "minimum": 0,
+      "type": "number"
+    },
+    "basis": {
+      "description": "payg_charge = real agent-pay charge. payg_rate_card = indicative price, not billed.",
+      "enum": [
+        "payg_charge",
+        "payg_rate_card"
+      ],
+      "type": "string"
+    },
+    "billed": {
+      "description": "true = this amount was actually charged via PAYG for this call. false = indicative PAYG-equivalent value; your plan already covers this call for free.",
+      "type": "boolean"
+    }
+  },
+  "required": [
+    "amount_usd",
+    "billed",
+    "basis"
+  ],
+  "type": "object"
+}

addedOutput schema / properties / _meta / properties / latency_ms

Added value: +{
+  "description": "Wall-clock milliseconds this tool call took, measured server-side around the handler.",
+  "minimum": 0,
+  "type": "integer"
+}

Changed3 schema fields changedJun 28, 2026

changedOutput schema / properties / data / items / properties / dcf_model / properties / status / properties / reason / enum

Previous value: -[
-  "INPUT_MISSING",
-  "DENOMINATOR_NEGATIVE",
-  "VALUATION_NOT_COMPUTED",
-  "PIPELINE_NOT_AVAILABLE"
-]New value: +[
+  "INPUT_MISSING",
+  "DENOMINATOR_NEGATIVE",
+  "VALUATION_NOT_COMPUTED",
+  "PIPELINE_NOT_AVAILABLE",
+  "PRICE_NOT_AVAILABLE"
+]

addedOutput schema / properties / data / items / properties / valuation_multiples

Added value: +{
+  "additionalProperties": false,
+  "properties": {
+    "current_price": {
+      "additionalProperties": false,
+      "properties": {
+        "unit": {
+          "type": [
+            "string",
+            "null"
+          ]
+        },
+        "value": {
+          "type": [
+            "number",
+            "null"
+          ]
+        }
+      },
+      "required": [
+        "value",
+        "unit"
+      ],
+      "type": "object"
+    },
+    "dividend_yield": {
+      "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price"
+    },
+    "ev_ebitda": {
+      "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price"
+    },
+    "market_cap": {
+      "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price"
+    },
+    "pb_ratio": {
+      "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price"
+    },
+    "pe_ratio": {
+      "$ref": "#/properties/data/items/properties/valuation_multiples/properties/current_price"
+    }
+  },
+  "required": [
+    "current_price",
+    "market_cap",
+    "pe_ratio",
+    "pb_ratio",
+    "ev_ebitda",
+    "dividend_yield"
+  ],
+  "type": "object"
+}

changedOutput schema / properties / data / items / required

Previous value: -[
-  "fiscal_year",
-  "fiscal_period",
-  "period_end",
-  "accepted_at",
-  "profitability",
-  "cash_flow",
-  "leverage",
-  "dcf_model"
-]New value: +[
+  "fiscal_year",
+  "fiscal_period",
+  "period_end",
+  "accepted_at",
+  "profitability",
+  "cash_flow",
+  "leverage",
+  "valuation_multiples",
+  "dcf_model"
+]

Changed2 schema fields changedJun 18, 2026

addedOutput schema / properties / _meta / properties / pit_safe / description

Added value: +"true iff a zero-look-ahead point-in-time cut was applied to every returned figure"

addedOutput schema / properties / dcf_pit

Added value: +{
+  "description": "Present only when as_of_date is supplied. The DCF/DDM leg comes from valuation.parquet, which is filtered by created_at (the pipeline computation timestamp), NOT the SEC accepted_at — so even with an as_of_date cut the DCF figures are BEST-EFFORT point-in-time, not strictly look-ahead-free. The profitability/cash-flow/leverage legs ARE strictly PIT-safe (fact.parquet, accepted_at).",
+  "enum": [
+    "best_effort"
+  ],
+  "type": "string"
+}

Changed5 schema fields changedJun 5, 2026

removedOutput schema / properties / data / items / properties / dcf_model / properties / fcf_base
```
Removed value: -{
-  "type": [
-    "number",
-    "null"
-  ]
-}
```

addedOutput schema / properties / data / items / properties / dcf_model / properties / fcf_base_per_share

Added value: +{
+  "description": "Pipeline DCF base earnings, PER-SHARE USD (from valuation.base_earnings). NOT the absolute total-company FCF base compute_dcf reports as `fcf_base_total_usd`.",
+  "type": [
+    "number",
+    "null"
+  ]
+}

changedOutput schema / properties / data / items / properties / dcf_model / required

Previous value: -[
-  "wacc",
-  "fcf_base",
-  "stage1_growth_rate",
-  "terminal_growth_rate",
-  "dcf_value_per_share",
-  "ddm_value_per_share"
-]New value: +[
+  "wacc",
+  "fcf_base_per_share",
+  "stage1_growth_rate",
+  "terminal_growth_rate",
+  "dcf_value_per_share",
+  "ddm_value_per_share"
+]

addedOutput schema / properties / data / items / properties / metrics_availability

Added value: +{
+  "additionalProperties": {
+    "description": "Explicit availability status. A real reported zero is 'available' with value 0 — never null. 'not_reported' = filing omitted it; 'not_mapped' = XBRL mapping uncertain; 'suppressed' = below confidence; 'error' = compute/retrieval failed.",
+    "enum": [
+      "available",
+      "not_reported",
+      "not_mapped",
+      "suppressed",
+      "error"
+    ],
+    "type": "string"
+  },
+  "type": "object"
+}

addedOutput schema / properties / data / items / properties / metrics_provenance

Added value: +{
+  "additionalProperties": {
+    "additionalProperties": false,
+    "description": "Provenance pointer: origin 'dataset' carries the SHA-256 fact_id + source filing; origin 'computed' carries the formula + the input fact_ids (verify with verify_fact_lineage).",
+    "properties": {
+      "accepted_at": {
+        "type": "string"
+      },
+      "fact_id": {
+        "type": "string"
+      },
+      "formula": {
+        "type": "string"
+      },
+      "inputs": {
+        "items": {
+          "additionalProperties": false,
+          "properties": {
+            "fact_id": {
+              "type": "string"
+            },
+            "role": {
+              "type": "string"
+            },
+            "value": {
+              "type": [
+                "number",
+                "null"
+              ]
+            }
+          },
+          "required": [
+            "role"
+          ],
+          "type": "object"
+        },
+        "type": "array"
+      },
+      "origin": {
+        "enum": [
+          "dataset",
+          "computed"
+        ],
+        "type": "string"
+      },
+      "source_filing": {
+        "type": "string"
+      },
+      "source_url": {
+        "type": "string"
+      }
+    },
+    "required": [
+      "origin"
+    ],
+    "type": "object"
+  },
+  "type": "object"
+}

Changed2 schema fields changedApr 28, 2026

addedOutput schema / properties / data / items / properties / dcf_model / properties / status

Added value: +{
+  "additionalProperties": false,
+  "properties": {
+    "detail": {
+      "type": "string"
+    },
+    "reason": {
+      "enum": [
+        "INPUT_MISSING",
+        "DENOMINATOR_NEGATIVE",
+        "VALUATION_NOT_COMPUTED",
+        "PIPELINE_NOT_AVAILABLE"
+      ],
+      "type": "string"
+    }
+  },
+  "required": [
+    "reason",
+    "detail"
+  ],
+  "type": "object"
+}

addedOutput schema / properties / data / items / properties / null_reasons

Added value: +{
+  "additionalProperties": {
+    "$ref": "#/properties/data/items/properties/dcf_model/properties/status"
+  },
+  "type": "object"
+}

Changed3 schema fields changedApr 28, 2026

addedOutput schema / properties / _meta / properties / payg_override / properties / entity_scope_hash
```
Added value: +{
+  "type": "string"
+}
```
addedOutput schema / properties / _meta / properties / payg_override / properties / ticker_count
```
Added value: +{
+  "type": "number"
+}
```

changedOutput schema / properties / _meta / properties / payg_override / required

Previous value: -[
-  "quote_id",
-  "tool",
-  "meter",
-  "amount_cents",
-  "retry_token_hash"
-]New value: +[
+  "quote_id",
+  "tool",
+  "meter",
+  "amount_cents",
+  "ticker_count",
+  "entity_scope_hash",
+  "retry_token_hash"
+]

Changed1 schema field changedApr 28, 2026

addedOutput schema / properties / _meta / properties / payg_override

Added value: +{
+  "additionalProperties": false,
+  "description": "Set when this single response was paid for via the agent-pay PAYG flow — the rate-limit / depth-limit checks were bypassed for this call only.",
+  "properties": {
+    "amount_cents": {
+      "type": "number"
+    },
+    "meter": {
+      "type": "string"
+    },
+    "quote_id": {
+      "type": "string"
+    },
+    "retry_token_hash": {
+      "type": "string"
+    },
+    "tool": {
+      "type": "string"
+    }
+  },
+  "required": [
+    "quote_id",
+    "tool",
+    "meter",
+    "amount_cents",
+    "retry_token_hash"
+  ],
+  "type": "object"
+}

Changed1 schema field changedApr 27, 2026

addedOutput schema / properties / _meta / properties / limit_warnings

Added value: +{
+  "description": "Soft-warning array for partial fulfillment. Each entry carries a stable subcode + remediation.options[]. AI agents pattern-match on subcode.",
+  "items": {
+    "additionalProperties": true,
+    "properties": {
+      "code": {
+        "const": "LIMIT_EXCEEDED",
+        "type": "string"
+      },
+      "current_plan": {
+        "type": "string"
+      },
+      "extensions": {
+        "additionalProperties": {},
+        "type": "object"
+      },
+      "limit_type": {
+        "type": "string"
+      },
+      "limit_value": {},
+      "remediation": {
+        "additionalProperties": true,
+        "properties": {
+          "contact_sales": {
+            "type": "string"
+          },
+          "default_action": {
+            "type": "string"
+          },
+          "options": {
+            "items": {
+              "additionalProperties": {},
+              "type": "object"
+            },
+            "type": "array"
+          },
+          "pricing_page": {
+            "type": "string"
+          }
+        },
+        "required": [
+          "options",
+          "default_action",
+          "pricing_page",
+          "contact_sales"
+        ],
+        "type": "object"
+      },
+      "requested_value": {},
+      "returned_value": {},
+      "subcode": {
+        "type": "string"
+      }
+    },
+    "required": [
+      "code",
+      "subcode",
+      "limit_type",
+      "current_plan",
+      "remediation"
+    ],
+    "type": "object"
+  },
+  "type": "array"
+}

Changed1 schema field changedApr 27, 2026

addedOutput schema / properties / _meta / properties / truncation

Added value: +{
+  "additionalProperties": false,
+  "description": "Set when fewer rows were returned than requested — explains why and points to a remedy",
+  "properties": {
+    "current_plan": {
+      "type": "string"
+    },
+    "plan_limit": {
+      "minimum": 0,
+      "type": "integer"
+    },
+    "reason": {
+      "enum": [
+        "PLAN_LIMIT",
+        "DATA_NOT_AVAILABLE",
+        "FISCAL_YEAR_BOUNDARY_FILTER",
+        "OTHER"
+      ],
+      "type": "string"
+    },
+    "requested": {
+      "minimum": 0,
+      "type": "integer"
+    },
+    "returned": {
+      "minimum": 0,
+      "type": "integer"
+    },
+    "upgrade_required_for": {
+      "type": "string"
+    },
+    "upgrade_url": {
+      "type": "string"
+    }
+  },
+  "required": [
+    "requested",
+    "returned",
+    "reason"
+  ],
+  "type": "object"
+}

Changed3 schema fields changedApr 27, 2026

addedOutput schema / properties / _meta / properties / data_quality

Added value: +{
+  "additionalProperties": false,
+  "description": "Server-side invariants run on this response",
+  "properties": {
+    "notes": {
+      "items": {
+        "type": "string"
+      },
+      "type": "array"
+    },
+    "validation_failed": {
+      "items": {
+        "additionalProperties": false,
+        "properties": {
+          "detail": {
+            "type": "string"
+          },
+          "rule": {
+            "type": "string"
+          }
+        },
+        "required": [
+          "rule",
+          "detail"
+        ],
+        "type": "object"
+      },
+      "type": "array"
+    },
+    "validation_passed": {
+      "items": {
+        "type": "string"
+      },
+      "type": "array"
+    }
+  },
+  "required": [
+    "validation_passed",
+    "validation_failed",
+    "notes"
+  ],
+  "type": "object"
+}

addedOutput schema / properties / _meta / properties / rate_limit

Added value: +{
+  "additionalProperties": false,
+  "description": "Caller's remaining budget",
+  "properties": {
+    "limit": {
+      "type": "integer"
+    },
+    "remaining": {
+      "type": "integer"
+    },
+    "reset_at": {
+      "description": "ISO 8601 timestamp when the window resets",
+      "type": "string"
+    },
+    "window": {
+      "enum": [
+        "minute",
+        "hour"
+      ],
+      "type": "string"
+    }
+  },
+  "required": [
+    "limit",
+    "remaining",
+    "reset_at",
+    "window"
+  ],
+  "type": "object"
+}

addedOutput schema / properties / _meta / properties / request_id

Added value: +{
+  "description": "Per-request correlation id (8-char)",
+  "type": "string"
+}

Changed4 schema fields changedApr 25, 2026

changedInput schema / properties / as_of_date / description

Previous value: -"Point-in-time date (YYYY-MM-DD). Only returns data with knowledge_at on or before this date. Eliminates look-ahead bias for backtesting."New value: +"Point-in-time date (YYYY-MM-DD). Only returns data with accepted_at on or before this date. Eliminates look-ahead bias for backtesting."

addedOutput schema / properties / data / items / properties / accepted_at
```
Added value: +{
+  "type": "string"
+}
```
removedOutput schema / properties / data / items / properties / knowledge_at
```
Removed value: -{
-  "type": "string"
-}
```

changedOutput schema / properties / data / items / required

Previous value: -[
-  "fiscal_year",
-  "fiscal_period",
-  "period_end",
-  "knowledge_at",
-  "profitability",
-  "cash_flow",
-  "leverage",
-  "dcf_model"
-]New value: +[
+  "fiscal_year",
+  "fiscal_period",
+  "period_end",
+  "accepted_at",
+  "profitability",
+  "cash_flow",
+  "leverage",
+  "dcf_model"
+]

First observedApr 22, 2026

TDQS

A4.6/5.0

Behavior5/5

Does the description disclose side effects, auth requirements, rate limits, or destructive behavior?

Annotations already declare readOnlyHint=true, idempotentHint=true, and destructiveHint=false, establishing safety. The description adds substantial behavioral context beyond this: it details data provenance (fact.parquet, ratio.parquet, stock_price.parquet), PIT-safety via accepted_at, the null-reason handling ('null != 0'), and the output structure with {value, unit} pairs. It also clarifies that reference points are assumption-free. No contradiction with annotations.

Agents need to know what a tool does to the world before calling it. Descriptions should go beyond structured annotations to explain consequences.

Conciseness4/5

Is the description appropriately sized, front-loaded, and free of redundancy?

The description is long but every sentence carries essential information: purpose, differentiation, data sources, null handling, and usage guidance. It is front-loaded with the core distinction from compute_dcf. While it could be tightened, the length is justified by the tool's complexity and the need to convey nuanced behavior. No wasted words.

Shorter descriptions cost fewer tokens and are easier for agents to parse. Every sentence should earn its place.

Completeness5/5

Given the tool's complexity, does the description cover enough for an agent to succeed on first attempt?

Given the tool's complexity (5 parameters, 16+ output fields, data lineage, null semantics) and that an output schema exists, the description covers all critical aspects an agent needs: what it returns, how data is derived, how to interpret nulls, and when to choose alternatives. Nothing essential is missing.

Complex tools with many parameters or behaviors need more documentation. Simple tools need less. This dimension scales expectations accordingly.

Parameters3/5

Does the description clarify parameter syntax, constraints, interactions, or defaults beyond what the schema provides?

Schema description coverage is 100%, so the schema fully documents all five parameters. The description does not add new meaning to parameters themselves—it focuses on output fields and data sources. However, it does indirectly clarify the impact of period and fiscal_year by describing per-period returns. Baseline 3 is appropriate; the description does not significantly enhance parameter understanding beyond the schema.

Input schemas describe structure but not intent. Descriptions should explain non-obvious parameter relationships and valid value ranges.

Purpose5/5

Does the description clearly state what the tool does and how it differs from similar tools?

The description opens with a crisp, specific statement: 'Get what a US public company is TRADING AT, plus two parameter-free reference points.' It immediately differentiates from compute_dcf ('NOT an opinion of intrinsic worth') and explicitly names get_financial_ratios as the alternative when only raw ratios are needed. This makes the tool's purpose unambiguous and distinct from siblings.

Agents choose between tools based on descriptions. A clear purpose with a specific verb and resource helps agents select the right tool.

Usage Guidelines5/5

Does the description explain when to use this tool, when not to, or what alternatives exist?

The description provides explicit routing rules: 'Use this *instead of* get_financial_ratios when observed multiples matter; use get_financial_ratios when you only need the raw ratio table; use compute_dcf whenever the user is asking what the company is WORTH, not what it trades at.' This is textbook clarity—states both when to use and when not to use, with named alternatives.

Agents often have multiple tools that could apply. Explicit usage guidance like "use X instead of Y when Z" prevents misuse.

All Valuein — SEC EDGAR Fundamentals & Smart-Money Data tools Inspect

Try in Browser

One endpoint for every MCP toolRayrun runs every MCP server behind one URL and holds the credentials. Each call is decided per client, tool, and argument, then recorded.ray.runAd

Glama MCP Gateway

Add one secure layer between your agents and this server.

Valuation Metrics

Input Schema

Output Schema

Schema Changelog

TDQS

Glama MCP Gateway

Resources