The Motley Fool

OCTOBER 6, 2024

These metrics helped the company produce record operating income and adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) in the quarter. By comparison, it had $11 billion in debt at the end of November 2019. Its leverage (net debt/adjusted EBITDA) was down to 4.5 Its leverage at 4.5x

Debt 130

Debt Leveraging Earnings Before Interest Amortization 130

The Motley Fool

NOVEMBER 21, 2024

billion in 2021 to an adjusted net profit of $73 million in 2023, demonstrating the strong operating leverage it enjoys in tandem with increased scale. billion while profit before tax climbed 9% to $2.7 billion tax credit recognized by the business in the previous corresponding period. trillion using 2019's figures.

Initial Public Offering 130

Initial Public Offering Taxes Leveraging Capital 130

The Motley Fool

NOVEMBER 5, 2024

Buffett took a significant stake in the business when he acquired $10 billion worth of preferred shares in 2019 to help Occidental acquire Anadarko. Its leveraged exposure to oil production has pushed down Occidental's share price to levels it hasn't seen since the beginning of 2022.

Banks 246

Banks Stakes Enterprise Values Earnings Before Interest 246

The Motley Fool

APRIL 20, 2024

The other important aspect to look at when it comes to the safety of a company's dividend is its leverage, which is its net debt divided by its earnings before interest, taxes, depreciation, and amortization (EBITDA). Altria ended 2023 with leverage of 2.2 Looking at its balance sheet, Vector ended 2023 with leverage of 2.6

Leveraging 130

Leveraging Investing Debt Earnings Before Interest 130

The Motley Fool

AUGUST 6, 2023

Kroger Berkshire Hathaway first purchased Kroger (NYSE: KR) in late 2019, and similar to Apple, the idea came from one of Buffett's lieutenants. For comparison, Kroger's net leverage ratio at the end of its fiscal first quarter 2023 was a much-healthier 1.3 Image source: The Motley Fool. times EBITDA. times EBITDA.

Stakes 246

Stakes Leveraging Debt Shareholders 246

The Motley Fool

FEBRUARY 12, 2024

It did something similar following the Anadarko acquisition in 2019 and the subsequent drop in oil prices in 2020. Shares currently trade for an enterprise value/earnings before interest, taxes, depreciation, and amortization (EV/ EBITDA ) multiple of just 5x. The company now holds a significant amount of debt.

Enterprise Values 240

Enterprise Values Conglomerates Earnings Before Interest Debt 240

The Motley Fool

JUNE 16, 2023

But after OpenAI released ChatGPT and showed the possibilities of generative AI, it sparked a race to leverage this technology across various industries to disrupt the balance of power in entire sectors of the economy, including financial services. Intuit has significantly increased its investment in AI since that Investor Day in 2019.

Companies 130

Companies Taxes Financial Services Financial Institutions 130

The Motley Fool

MARCH 6, 2024

Free Fire was released in December 2017 and became the most-downloaded game globally by 2019. To be sure, Garena's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) is down from $2.8 This segment is also showing really high operating leverage, with Q4 adjusted EBITDA of $148.5

Leveraging 246

Leveraging Financial Services Earnings Before Interest Amortization 246

The Motley Fool

SEPTEMBER 21, 2023

Rivian Automotive (NASDAQ: RIVN) first captured investors' attention back in 2019 when it struck a blockbuster deal with Amazon. Higher production volumes, which enabled Rivian to better leverage its fixed costs and negotiate price reductions from suppliers, also contributed to the gains. Amazon also made a large investment in Rivian.

Leveraging 246

Leveraging Stakes Taxes Financing 246

The Motley Fool

MAY 7, 2024

We generated $340 million of EBITDAR in the quarter on GGR market share that was above both the prior quarter and above our 2019 exit. In the casino, our mass drop per day in April increased 30% versus April 2019. Meanwhile, our leverage profile continues to improve as does our outlook on future free cash flow.

Banks 130

Banks Leveraging Capital Legal 130

The Motley Fool

APRIL 27, 2024

billion cigarettes in 2019. AT&T's balance sheet is heavily leveraged because of this. While the use of leverage isn't unusual in the cellphone space, its debt-to-equity ratio of 1.3 Altria is a tobacco company that sells cigarettes in the United States, where smoking has been increasingly frowned upon. The high 6.6%

Leveraging 130

Leveraging Debt Taxes Investors 130

The Motley Fool

APRIL 21, 2024

Its net loss more than doubled from $697 million in 2019 to $1.5 For instance, the tech company has leveraged its infrastructure and consumer base to launch new services like online groceries, food delivery, streaming, etc. Another vital aspect of Coupang's ongoing profit growth is to improve efficiency and operating leverage.

Investors 130

Investors Leveraging Earnings Before Interest Amortization 130

The Motley Fool

MARCH 3, 2024

In 2019, Block's net income was $375 million. Block immediately went into action with its cost-cutting initiatives in the fourth quarter, and the company posted a net income of $178 million while adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) of $562 million outpaced analysts' estimates.

Earnings Before Interest 246

Earnings Before Interest Amortization Depreciation Shareholders 246

The Motley Fool

AUGUST 22, 2024

That's why nobody blames Buffett for paring back on the position, particularly in light of potential increases in capital gains tax rates. In 2019, Buffett conceded, "I was wrong in a couple of ways on Kraft Heinz," adding that "We [Berkshire] overpaid for Kraft." The assumption, however, ignores a couple of details. The mess was made.

Banks 130

Banks Stakes Conglomerates Shareholders 130

The Motley Fool

MAY 13, 2024

ExxonMobil believes its upstream earnings could more than double by 2027 versus 2019 and boost its cash flows significantly over the next four years. Gross also highlighted that the yield is tax-deferred, making it an even more attractive investment. That should also mean bigger dividends for investors. per unit payout.

Taxes 130

Taxes Hedge Funds Debt Leveraging 130

The Motley Fool

OCTOBER 23, 2024

In 2019, the company bought Pandora Radio, which comes in both subscription and free ad-supported formats. On that note, Sirius' Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) margins have consistently ranged between 29% and 33% on a quarterly basis, which is pretty high, over the past five years.

Mergers and Acquisitions 130

Mergers and Acquisitions Stakes Debt Conglomerates 130

The Motley Fool

SEPTEMBER 10, 2024

But over the past eight years, the "new" Broadcom expanded into the infrastructure software market by acquiring CA Technologies in 2018, Symantec's enterprise security division in 2019, and the cloud software giant VMware last November. It expects Vmware to exceed its original target of generating $8.5

Debt 130

Debt Earnings Before Interest Amortization Depreciation 130

The Motley Fool

JULY 9, 2023

Annual revenue, which is earned mostly through subscriptions to its platform, exploded from $92 million in fiscal 2019 to $267 million in fiscal 2023 (which ended in April). The company is growing very fast, with revenue exploding from $582 million in 2019 to over $1.7 This stock is not for everyone. billion last year.

Leveraging 186

Leveraging Prospects Taxes Financial Services 186

The Motley Fool

FEBRUARY 7, 2024

Adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) nearly doubled year over year to $1.283 billion. billion in 2022 and marking its first full-year profit since going public in 2019. Meanwhile, gross bookings -- a key measure to help estimate future sales -- grew 22% year over year to $37.6

Earnings Before Interest 100

Earnings Before Interest Amortization Depreciation Leveraging 100

The Motley Fool

NOVEMBER 6, 2024

As part of our path toward simplification, we have now deployed one end-to-end operating model that we leverage globally across all of our key verticals. This is positioning us with a unique capability in serving buildings and leveraging our digital expertise to expand our connected services model. So maybe some color on that.

Taxes 130

Taxes Leveraging Capital Shareholders 130

The Motley Fool

APRIL 25, 2024

The charge-off rate for the quarter was up 190 basis points year over year to 5.94%, about 18% above its pre-pandemic level in the first quarter of 2019. We believe this is largely driven by lower and later tax refund payments to consumers so far in 2024, relative to what we've historically observed.

Capital 130

Capital Taxes Banks Mergers and Acquisitions 130

The Motley Fool

APRIL 24, 2024

Thanks to fast portfolio growth and impressive operating leverage, servicing income reached $273 million. Turning to Originations, our team did a great job generating $32 million in pre-tax income while continuing to be an industry leader in retention. On a year-over-year basis, the portfolio is up 33%.

Leveraging 246

Leveraging Amortization Bidding Collateral 246

The Motley Fool

NOVEMBER 6, 2024

Lastly, from a cash flow perspective, in 2025, we are projecting annualized cash interest payments of $305 million to $315 million and annualized cash taxes of $130 million to $140 million. Finally, we are laser-focused on managing near-term debt levels and reducing net leverage through growth in free cash flow.

Capital 130

Capital Leveraging Portfolios Taxes 130

The Motley Fool

DECEMBER 15, 2023

For reference, in 2019 North America had a 4.1% Add in increasing operating leverage at its massive scale, and I think it's plausible for Amazon's North American division to hit 10% profit margins by this time next year. operating margin. At a market cap of $1.5

Leveraging 130

Leveraging Taxes Stock Market Stock Market 130

The Motley Fool

JULY 8, 2023

billion, topping its previous record of $6 billion in the same quarter in 2019. It reported a better-than-expected adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) profit of $681 million, though it's still losing money on a generally accepted accounting principles ( GAAP ) basis.

Prospects 246

Prospects Earnings Before Interest Amortization Depreciation 246

The Motley Fool

NOVEMBER 9, 2023

To that end, we estimate fully normalized EBITDA in the quarter was 266 million, or 87% of the third quarter of 2019 levels. During the quarter, we saw broad-based strength across our properties with several key areas of the business trending well above 2019 levels. Opex excluding gaming tax per day was $4.1

Leveraging 100

Leveraging Banks Capital Debt 100

The Motley Fool

AUGUST 6, 2024

Of course, while we are active every day in the hand-to-hand combat for market share, you can't take market share to the bank, and thus, we have remained -- we have continued to remain disciplined in our opex and player reinvestment levels, highlighted by our strong EBITDAR margin in the quarter, which was 250 basis points above 2Q 2019.

Leveraging 130

Leveraging Banks Financing Finance 130

The Motley Fool

MAY 12, 2024

The business passes much of its cash flow to investors to cover their portion of taxes. It has simultaneously generated some of the highest returns on invested capital while keeping its leverage (defined as debt to EBITDA) lower than most. MPLX has emerged as one of the best in the energy infrastructure business. Why is this notable?

Shareholders 130

Shareholders Leveraging Return On Investment Capital 130

The Motley Fool

SEPTEMBER 6, 2023

There were over 800 SPAC deals in 2020 and 2021, more than double the total amount of SPAC transactions from 2003 to 2019. Moreover, management also guided for adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) of at least $100 million in 2025, signaling the company's focus on operating leverage.

Enterprise Values 130

Enterprise Values Initial Public Offering Earnings Before Interest Amortization 130

The Motley Fool

AUGUST 9, 2023

We saw strength across the property with several components of the business above 2019 levels. In the casino, mass table drop increased 4% versus Q2 2019, despite the fact that portions of Wynn Macau's casino were closed for renovation during the quarter. market share in the quarter, consistent with our share as we exited 2019.

Leveraging 100

Leveraging Banks Legal Shareholders 100

The Motley Fool

MARCH 20, 2024

In 2024, IBM grew revenue by 3% and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) by 6%. billion, its best result on that metric since 2019. Microsoft is straightforwardly leveraging AI. Investors clearly were rewarding IBM for its impressive business growth.

Earnings Before Interest 130

Earnings Before Interest Amortization Depreciation Consulting 130

The Motley Fool

JULY 18, 2023

At the same time, 73% of the payments flowed to writers in television and digital platforms, up from 71% in 2019. For example: Disney generated $13 billion of earnings before interest, taxes, depreciation, and amortization ( EBITDA ), from $87 billion in top-line revenue over the past four quarters. The WGA (West) reported $1.55

Earnings Before Interest 190

Earnings Before Interest Amortization Depreciation Leveraging 190

The Motley Fool

FEBRUARY 22, 2024

When compared to 2019, our room nights grew 21% versus our expectations of 20%. Our non-GAAP earnings per share of about $152 increased 52% year over year and was 48% higher than our prior full year all-time high back in 2019. We will be making some references to the comparable periods in 2019, where we think these are helpful.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Shareholders Pension Funds 130

The Motley Fool

AUGUST 5, 2024

We are also leveraging partnerships with franchisees to unlock opportunities in lower-tier cities and strategic locations. Taking a longer view, our system sales grew 25% compared with the second quarter 2019, outperforming the restaurant industry. Our effective tax rate was 25.2% Our entry price combo drove incremental traffic.

Shareholders 246

Shareholders Capital Leveraging Returns 246

The Motley Fool

FEBRUARY 10, 2024

The ride-sharing giant was weighed down by massive losses coming out of its 2019 IPO, and then it got crushed by the coronavirus pandemic. Looking ahead to 2024, Uber should continue to gain leverage as it benefits from its marketplace business model and cost discipline. billion to $1.34 billion.

Initial Public Offering 130

Initial Public Offering Earnings Before Interest Amortization Depreciation 130

The Motley Fool

APRIL 16, 2024

billion after tax and EPS of $0.76. By leveraging our technology and continuous investment in that technology and putting customers at the center of everything we do, we have successfully deepened our relationships and expanded our customer base across all our businesses. I am starting on Slide 2 of the earnings presentation.

Banks 246

Banks Taxes Investment Banks Investment Banking 246

The Motley Fool

AUGUST 3, 2023

We leverage AI technology to deliver a more personalized booking experience, a connected trip that would be more responsible to our bookers' needs and help manage different aspects of their trips. The plan is to further enhance penny over time by leveraging these valuable learnings. to Genius customers.

Securities and Exchange Commission (SEC) 189

Securities and Exchange Commission (SEC) Banks Leveraging Returns 189