The Motley Fool

JANUARY 31, 2024

Our disciplined approach to capital allocation across our portfolio has contributed to an average return on capital employed of 13% since our formation in 2012, almost double our cost of capital. Our commitment to a secure, competitive, and growing dividend has resulted in a 16% compound annual growth rate since 2012.

Taxes 130

Taxes Shareholders Capital Debt 130

The Motley Fool

APRIL 26, 2024

When Jim joined us as our Chief Financial Officer in 2012. The overall effective tax rate for the quarter was 21%. We expect the tax rate to be 22% on an operating basis. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Mergers and Acquisitions 130

Mergers and Acquisitions Securities and Exchange Commission (SEC) Banks Assets 130

The Motley Fool

APRIL 26, 2024

Recently, we announced a 10% increase in our quarterly dividend, contributing to a 16% compound annual growth rate since 2012. In Midstream, first-quarter adjusted pre-tax income of $613 million was down $141 million from the prior quarter, reflecting lower results in transportation and NGL. Our adjusted effective tax rate was 21%.

Assets 130

Assets Leveraging Capital Taxes 130

The Motley Fool

AUGUST 9, 2023

Free cash flow to the holding company remained strong, driven by Enact's return of capital and tax payments in 2023 from Enact and the U.S. Total pre-tax statutory income for the U.S. LDTI requires us to remeasure LTC liabilities each quarter and compare actual performance against best estimate assumptions. GAAP tax rate.

Legal 100

Legal Liabilities Taxes Accounting 100

The Motley Fool

JULY 23, 2024

We have now bought back more than 50 million MSCI shares since 2012 at an average price of $122 per share for a total consideration of roughly $6.1 As of right now, we expect the quarterly effective tax rate in both Q3 and Q4 to be in the range of 20% to 22% before any additional discrete items.

Assets 130

Assets Hedge Funds Asset Management Capital 130

The Motley Fool

DECEMBER 5, 2023

between 1972 and 2012. The intimation is that the replacement of these cables, along with potential health-related liabilities, could be quite costly for telecom companies. It also fails to consider that any liability costs (if there are any) would be determined in the U.S. annualized return over this same four-decade span.

Debt 246

Debt Liabilities Capital Assets 246

The Motley Fool

SEPTEMBER 7, 2024

You've got your two sides your assets and your liabilities plus equity on the right side, on the left side with assets. Funny thing is, liabilities are typically worth a dollar for a dollar. But you add those three things together and divide by all current liabilities. I also like to go through the balance sheet.

Debt 130

Debt Liabilities Assets Accounting 130

The Motley Fool

AUGUST 6, 2024

22% of active listings have dropped their price, the highest percentage since we began tracking this number in 2020 -- excuse me, 2012. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Interest rates declined, haven't so far increased competition for listings.

Amortization 130

Amortization Financing Finance Bidding 130

The Big Picture

SEPTEMBER 19, 2023

And retirees drawing down on the fund, which is the, the liability or the future obligations when, when the pandemic shuts everything down, does this mean the current employees are not making contributions? In fact, state revenues were often at all time highs from taxes when this happened. What happened during that period?

Asset Management 57

Asset Management Assets Pension Funds Hedge Funds 57

The Motley Fool

AUGUST 10, 2023

Additionally, lower HLBV income accounted for much of the remaining decrease as a result of the end of production tax credit eligibility from projects commissioned in 2012. And I guess, otherwise, the other thing would be any implications around tax and any associated debt that have to be repaid if you sell the renewables assets?

Banks 100

Banks Capital Debt Assets 100

The Motley Fool

OCTOBER 31, 2023

And as a result, we reported a pre-tax loss of $8.5 Another headwind to GAAP EPS was $4 million of unfavorable discrete tax expense. Moving on, the non-GAAP effective tax rate was 18% in Q3 of 2023 and 15% in Q3 of 2022. Given the large movement in exchange rates between the U.S. million for the forward contract.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Capital Amortization Leveraging 100

The Motley Fool

AUGUST 5, 2024

To round out the key P&L items, we continue to anticipate interest expense to be roughly $395 million and our tax rate to be between 23% and 24%. And so through the last cycle, obviously, we saw a drought in that 2012, 2013, and then a relatively good rebound in 2014, 2015, and 2016. billion and $1.3 billion this year.

Assets 130

Assets Leveraging Capital Shareholders 130

The Motley Fool

SEPTEMBER 5, 2023

Over the 40 years examined (1972-2012), the companies that initiated and grew their payouts generated a robust annualized return of 9.5%. The more recent issue for AT&T is a report from The Wall Street Journal highlighting possible financial liabilities tied to its legacy use of lead-sheathed cables. over the same four decades.

Legal 246

Legal Liabilities Exchange-Traded Funds Management Fees 246

The Motley Fool

JULY 23, 2024

When we bought ING Direct way back in 2012, we said this is going to be not only a great financial acquisition, but it's going to be a transformational strategic acquisition because now as a player with a significant branch network and a national direct bank, we have the building blocks to build a unique national bank.

Capital 130

Capital Mergers and Acquisitions Banks Taxes 130

The Motley Fool

OCTOBER 17, 2024

Our adjusted operating margin expanded 110 basis points, adjusted EPS grew 4% or 11%, excluding a discrete tax benefit in the third quarter of last year, and we completed $300 million of share repurchases in the quarter. Global financial and professional liability rates were down 7%, while cyber decreased 6%. Turning to McGriff.

Companies 130

Companies Securities and Exchange Commission (SEC) Taxes Consulting 130

The Motley Fool

FEBRUARY 26, 2024

billion valuation allowance release related to our US deferred tax assets. The FY '25 non-GAAP tax rate is 19%. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Full-year non-GAAP operating income was $1.74 Q4 GAAP net income benefit from a one-time $1.1

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Professional Services Education Banks 130

The Motley Fool

MARCH 8, 2024

improvement year over year, primarily attributable to organic regulated growth and higher tax credit recoveries from our renewables business. Can you talk about the tax rate where, obviously, you've benefited from a number of tax credits? But that's -- you know, it's a lumpy business and the tax credits can be quite lumpy.

Taxes 130

Taxes Capital Debt Banks 130

The Motley Fool

OCTOBER 11, 2024

increased 5%, reflecting a higher tax rate compared to a year ago. Our as-adjusted tax rate for the third quarter was 26%. The prior-year quarter included $215 million of discrete tax benefits, while the third quarter of 2024 was impacted by $22 million of discrete expense. Earnings per share of $11.46

Assets 130

Assets Leveraging Mergers and Acquisitions Capital 130

The Motley Fool

OCTOBER 18, 2023

In the nine-year period from 2012 to 2020, we returned over $22 billion of capital to Las Vegas Sands shareholders in the form of dividends and repurchases, which was split roughly 80% dividends and 20% to share repurchases. Could you just talk about the puts and takes of getting back to that level again or if there's some specific headwinds?

Assets 130

Assets Banks Capital Leveraging 130

The Motley Fool

OCTOBER 27, 2023

Since 2012, the board has authorized $25 billion in share repurchases. In midstream, third-quarter adjusted pre-tax income was $569 million, down $57 million from the prior quarter. Chemicals adjusted pre-tax income decreased $88 million to $104 million in the third quarter. Refining third-quarter adjusted pre-tax income was $1.7

Shareholders 130

Shareholders Assets Taxes Capital 130

The Motley Fool

AUGUST 2, 2023

In midstream, second quarter adjusted pre-tax income was $626 million, down $52 million from the prior quarter. Chemicals adjusted pre-tax income decreased $6 million to $192 million in the second quarter. Refining second quarter adjusted pre-tax income was $1.1 Your comment on deferred taxes is a relevant one.

Taxes 100

Taxes Capital Shareholders Assets 100

The Big Picture

AUGUST 20, 2024

And what that will allow me to do is have minimal trading costs, minimal tax costs, and avoid all the behavioral problems that comes with active management. People earn wages, whether it’s a retirement account or a tax deferred account or just an investment account. You were subject to the 75% marginal tax rate.

Asset Management 67

Asset Management Assets Mutual Funds Taxes 67

The Motley Fool

MAY 3, 2024

per share as well as a tax benefit of $0.04 per share which included an after-tax noncash goodwill and intangible asset impairment charge of $53.1 So, from a margin perspective, if you look at -- Doug, if you look at a kind of 10-year history from 2012 to 2021, you saw us in that 42% range, give or take 50 basis points.

Mergers and Acquisitions 130

Mergers and Acquisitions Securities and Exchange Commission (SEC) Leveraging Capital 130

The Motley Fool

JANUARY 28, 2024

Now, it doesn't include things like capital expenditures, acquisitions, increases or decreases in debt, other long-term liabilities. Go five years forward, 2012, Amazon's net income was negative. Jim Mueller: They've had this target since about 2012, after the Great Recession, but that's what they want to have happen.

Investing 162

Investing Depreciation Education Returns 162

The Motley Fool

FEBRUARY 9, 2024

Since our initial public offering in 2012, our primary focus was to add new customers while continuing to serve our existing customers in their times of need. We currently estimate a non-GAAP effective tax rate of 21%, plus or minus 50 basis points in the first quarter. million and amortization expense of $1 million.

Shareholders 130

Shareholders Capital Initial Public Offering Leveraging 130

The Motley Fool

NOVEMBER 21, 2023

Yunpeng has been with us since 2012 and has been responsible for autonomous driving business since 2018. Income tax expenses was RMB 1.3 billion, increasing 41% year over year, primarily due to an increase in profit before tax. I take great pride in seeing another business leader develop within Baidu.

Leveraging 100

Leveraging Education Depreciation Bidding 100

The Motley Fool

AUGUST 15, 2023

If you look at the data from the Federal Reserve Bank of New York, the 30-day delinquency rate on credit cards was up to 7.2%, that's the highest level since 2012. Except for this one aspects which I think a lot of people are overlooking. The rate of change, by the way, is really accelerating. below where it was in April 2020.

Debt 130

Debt Companies Assets Bidding 130

The Motley Fool

FEBRUARY 15, 2024

Typically, the fourth quarter is the strongest quarter of revenues for Walker & Dunlop Affordable Equity, formerly Alliant, due to the gains realized from the disposition of maturing tax credit deals. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Debt 100

Debt Capital Financing Finance 100

The Motley Fool

FEBRUARY 14, 2024

We recorded $709,000 of income tax expense during the fourth quarter. You know, generally, spaces where we're very comfortable with our exposure but there is still opportunistic maybe tax-motivated purchasers out there in geographies which seem to still have heat to them. This brings the total for the year to $2.9 Haendel St.

Debt 130

Debt Banks Capital Leveraging 130

The Motley Fool

OCTOBER 24, 2023

In our on-premises server business, revenue increased 2%, ahead of expectations, driven primarily by demand in advance of Windows Server 2012 end of support. Our effective tax rate was approximately 18%. We expect our Q2 effective tax rate to be between 19% and 20%. And finally, we returned $9.1 dollar basis.

Securities and Exchange Commission (SEC) 245

Securities and Exchange Commission (SEC) Leveraging Accounting Banks 245

The Motley Fool

MAY 9, 2024

During the period, we also used $14 million of cash for interest payments, $3 million on payments for income taxes, and $15 million on cash distributions to our unitholders. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. So we're seeing that.

Banks 130

Banks Capital Portfolios Debt 130

The Motley Fool

FEBRUARY 21, 2024

In 2012, we sold our first franchise to JC and Patti Harter. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. After launching the business in 2003, we opened our first satellite office in Houston in 2009. The Motley Fool has a disclosure policy.

Capital 130

Capital Leveraging Companies Returns 130

The Motley Fool

FEBRUARY 7, 2024

These trends are consistent with what's been reported over prior quarters, they're driven by improved occupancy growth and rental rate as well as a continued conversion from variable to fixed rent structures with CAM and tax recovery charges. Frankly, that's a gem from the two assets that we acquired back in the 2012, 2013 time frame.

Debt 130

Debt Capital Assets Banks 130

The Big Picture

NOVEMBER 8, 2022

CHANCELLOR: When they’re more than — I think it really took from 2006 to 2012. back in sort of 2012. Well, the way I see negative rate is it’s a tax on capital, which is instituted by an unelected — RITHOLTZ: Central bank. Before that, access build had really just worked its way out the system.

Finance 57

Finance Financing Banks Hedge Funds 57

The Motley Fool

APRIL 25, 2024

For full year, the incremental year over year pre-tax profits from our strategic initiatives is now estimated to be between $1 billion and $1.5 I mean we've got the retro component in there with the flight attendants but presumably, a weaker demand outlook suggests some pressure on the air traffic liability. Any thoughts?

Capital 130

Capital Returns Banks Investors 130

The Big Picture

AUGUST 15, 2023

And the question was if you can find other areas of investment that can generate the types of returns you need for your liability stream, diversification becomes the free lunch. So for a taxable investor, hedge funds generally aren’t tax efficient. You still had 2012 to 2017 to finish the bet. RITHOLTZ: Fair enough.

Hedge Funds 52

Hedge Funds Funds Capital Assets 52

Pension Pulse

MAY 24, 2023

Asset and Geography Mix CPP Investments, inclusive of both the base CPP and additional CPP Investment Portfolios, is diversified across asset classes and geographies: 1 Fixed income consists of cash and cash equivalents, money market securities and government bonds, all net of financing liabilities. including two in St.

Investing 52

Investing Stakes Pension Funds Assets 52