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Convenience-store chain Murphy USA (NYSE: MUSA) has delivered a total return of 1,000% since its 2013 spinoff from Murphy Oil , more than tripling the returns provided by the S&P 500 index. Total returns are north of 1,000% since 2013, and Murphy's incredible past performance -- and remaining potential -- have caught the market's attention.
It relocated its headquarters to California in 2013. Those growth rates are impressive, but the company's adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) missed its original expectations by a mile. It has launched 52 of its Electron rockets since its maiden launch in 2017.
It wouldn't start climbing in earnest until the latter half of 2013. Prior to Elon Musk's acquisition of the company, Twitter stock soared shortly after its 2013 IPO but then started a four-year sell-off that would ultimately drag it more than 90% below its post-public offering peak. Last year's top line of $10.1 billon is 13.6%
From 2013 to 2023, Celsius' revenue grew at a compound annual growth rate (CAGR) of 61% from $11 million to $1.32 Over the past four and a half years, Celsius' revenue continued rising as its gross and adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) margins expanded. Adjusted EBITDA margin 12.2%
As disclosed earlier in the third quarter, First Solar also possesses a TOPCon patent portfolio through our acquisition of TetraSun in 2013, which we have begun to leverage as part of our ongoing efforts to develop the next generation of PV technologies. billion of Section 45X tax credits and $60 million to $75 million of ramp costs.
For example, as far back as 2013 , Plug Power was telling investors it would earn breakeven earnings before interest, taxes, depreciation, and amortization ( EBITDA ) by 2014. Still, Plug has been wrong on its prognostications before -- and so has Wall Street. Ten years later, Plug's EBITDA margin is still negative 150%.
From 2020 to 2023, Celsius's revenue soared at a jaw-dropping compound annual growth rate (CAGR) of 116%, and its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) increased at a CAGR of 161%. From 2013 to 2023, Monster's revenue increased at a CAGR of 12%. distribution partner in 2022.
In fact, between 2013 and 2023 the 10-year compound annual growth rate (CAGR) for revenue was a healthy 7%, and the 10-year CAGR of adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) was an impressive 8%.
in November 2013, and its stock eventually hit an all-time high of $113.51 In 2022, its revenue declined 1% to $767 million as its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) fell 4% to $255 million. Chegg (NYSE: CHGG) took investors on a wild ride over the past decade.
As Celsius' revenue skyrocketed, its gross and adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) margins continued to expand as economies of scale kicked in. Monster's revenue subsequently rose at a CAGR of 12% from 2013 to 2023. Growth (YOY) 131% 17% (12%) 52% Total revenue (in millions) $130.7
Despite this track record of success -- along with earnings before interest, taxes, depreciation, and amortization ( EBITDA ) and FCF growth of 81% and 73% over the last five years -- the share price for MTY stock trading over the counter in the U.S. is down 40% from its high. percentage points.
The company noted that year-over-year operating losses before depreciation and amortization have shrunk in each of the last four quarters for its DTC segment. He justified this reduction by pointing to corporate tax rates. The advertising environment has been challenging, as well. Apple is on track to dole out a little over $15.4
times trailing EBITDA (earnings before interest taxes, depreciation, and amortization). The fifth and latest installment in the more than 20-year history of the series has sold 200 million copies since its 2013 release. On an enterprise value -to-EBITDA basis, the stock trades at a multiple of 5.8.
The company has been developing its own models since 2013, but it also has a partnership with OpenAI that is accelerating its progress. Duolingo's long-term goal is to deliver an educational experience equivalent to that of a private tutor, and AI is a substantial leap toward that target. The company reported $26.9
The company first issued a quarterly payment in 1998 and transitioned to a monthly distribution in 2013. times its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) over the past few years. It pays a monthly dividend of $0.285 per share, resulting in a hefty annual yield of 7.2%.
If you look back in history in just a little bit, taking you backwards, company was started in 2013 with $1 billion of equity capital. Our second-quarter pre-tax income was $248 million, delivering a 23% ROE, excluding mark-to-market on the owned portfolio. So now to Page 3. Today we have $7.3 billion of permanent capital.
Duolingo has experimented with AI since 2013, but that effort was supercharged by a more recent partnership with OpenAI. By ditching iBuying, the company thinks it can even achieve profitability on an adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) basis this year.
Our pro forma effective tax rate for the first quarter was 22.5%, consistent with our expectations. First quarter GAAP tax expense was a benefit of $9 million, reflecting excess tax benefits associated with employee equity plans of $111 million. Pro forma other income was $72.5 million for Q1, higher than $67.1
tax authorities in Q1 of '24 that requires a 20% VAT be applied to Clear Aligner sales in the U.K., On a non-GAAP basis, excluding stock-based compensation, amortization of acquired intangibles related to certain acquisitions, restructuring, legal settlements, and other charges, operating expenses were $472.7 million, down 5.4%
Bill, IBM shares up eight percent post earnings, sending the stock to its highest level since 2013. They're earnings before interest, taxes, depreciation, and amortization flat. I think it'll be, I'm not worried about their ability to innovate and find new things for us to enjoy on Netflix. Of course, the revenue was flat, up 2.3
Excluding after-tax intangible asset amortization expense and special items for both periods, adjusted net earnings for the quarter were $5.6 Regarding taxes in the quarter, our effective tax rate was 14.4% Excluding special items, the effective tax rate was 10.8% For the quarter, net earnings were $4.1 a year ago.
The higher net loss in the second quarter of 2023 is mainly due to a lower tax benefit in Q2 2023 compared to Q2 2022 due to effects of a portion of realization of losses related to an investment in one of our U.S. We had a net loss of $863 million compared to the net loss of $232 million in Q2 2022, and a GAAP loss per share of $0.77
At the time of our initial public offering in 2013, we were operating just eight markets across four states. Our pre-tax net income for the year was $261.8 Our effective tax rate last year was 23.9%, in line with the guidance we provided on our last call. Finally, we expect the full-year tax rate will range between 24% and 25%.
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. Additionally, we expect intangible asset amortization related to Moritex of approximately $1 million.
This morning, we reported full year 2023 earnings of $2 billion, reflecting record pre-tax pre-provision income of $3.2 Keep in mind, between 2013 and 2019, our average NPL ratio was 107 basis points. Our average net charge-offs from 2013 to 2019 were 46 basis points. The terminated swaps are in the amortization already.
of revenue, adjusted for the noncash amortization of above- and below-market lease intangibles. We recorded $709,000 of income tax expense during the fourth quarter. 2013, we were 45% Walgreens exposure, and we had a lot of intimate experience developing approximately 40 to 50 of them in six states. per share or a 2.9%
Gerard O’Reilly and Savina Rizova, “ Expected Profitability: A New Dimension of Expected Returns ” (white paper, Dimensional Fund Advisors, June 2013). Profitability: A company’s operating income before depreciation and amortization minus interest expense scaled by book equity. Please read the prospectus before investing.
For fiscal year 2024, we achieved the highest gross margin percentage since the merging of Lam with Novellus in 2013, coming in at 48.2% Our non-GAAP tax rate for the quarter was 11.5%. Our June quarter results came in above the midpoint or exceeded our guidance ranges for all financial metrics. billion or 29% of revenue.
Diluted earnings per share on a GAAP basis was $0.07, down year on year due to lower operating margins, acquisition and amortization costs, and unfavorable discrete tax items. The adjusted effective tax rate was 16% in both Q1 of 2024 and Q1 of 2023. Sequentially, GAAP diluted EPS increased 7%.
Segment profit is comprised of gross profit for the segment, less operating expenses that do not include amortization of purchased intangible assets, impairments of goodwill and the intangible assets, stock-based compensation expenses, and other certain items. Our non-GAAP tax expense was $38 million this quarter compared to $33.2
There is a depreciation or amortization of that pseudo asset you've got or the value of you're going to be taking it down. We find that from 2013 through 2019, it was clipping along in the '80s. Then there's a component that we'll call implied interest. But again it's a little dodgy. Today, they're below three.
Looking ahead, management also gave new long-term guidance, calling for adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) per available passenger berth day (ALBD/APBD) to increase by 50% by 2026, reaching its highest level in almost two decades.
Our as-adjusted tax rate for the fourth quarter was approximately 24%, driven, in part, by discrete items. We currently estimate that 25% is a reasonable projected tax run rate for 2024, though the actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation.
The company has delivered 10 straight years of adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) growth (2013-2023). These investments have enabled Oneok to steadily grow its earnings despite all the turbulence in the energy markets over the years.
Gross margin came in at 48.2%, which was the highest annual result since Lam merged with Novellus in 2013. Our non-GAAP tax rate for the quarter was 13.2%, within range of our expectations. Our estimate for the March 2025 quarter is for the tax rate to be in the low to mid-teens range. billion, exceeding our expectations.
Rumble (NASDAQ: RUM) , a streaming video platform for smaller content creators that was founded in 2013 as an alternative to YouTube, went public by merging with a special purpose acquisition company ( SPAC ) just over two years ago. The combined company's stock started trading at $12.44 on the first day, but it now trades at about $6.
According to the news website Business Insider, the company only earned $127 million from the contract between 2013 and 2022, coming out to roughly $14 million per year. Third-quarter revenue grew 30% year over year to $726 million, while adjusted earnings before interest, taxes, depreciation, and amortization jumped 39% to $283.6
The government is required by law to take action as the Income Tax Act limits the amount of surplus a pension fund can have. The push for a single-tier pension PSAC has long lobbied for a reversal of Harper-era pension reforms that created a two-tier system: those who joined before 2013 can retire at 55 with 30 years of service.
Our full-year diluted EPS, which included an after-tax impact of approximately $0.42 per share from the December sale of 2024 Section 45X tax credits, which was not included in our October guidance, came in below the low end of our guidance range at $12.02 Our record net sales of $4.2 Q4 earnings per diluted share were $3.65
But this deal only generated $127 million between 2013 and 2022, which isn't a game changer. The company is also reasonably profitable with adjusted earnings before interest, taxes, amortization, and depreciation (EBITDA) rising 39% to $283.6 commercial segment, as more corporate clients take advantage of its AI solutions.
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