The Motley Fool

MAY 12, 2024

The business passes much of its cash flow to investors to cover their portion of taxes. What makes MPLX stand out among its peers is its strong rates of return, capital discipline, and generous returns to shareholders. MPLX has emerged as one of the best in the energy infrastructure business. Why is this notable?

Shareholders 130

Shareholders Leveraging Capital Taxes 130

The Motley Fool

AUGUST 17, 2023

This innovative initiative encompasses specific, ambitious objectives that include a commitment to reducing carbon intensity by over 20% compared to 2019, surpassing the company's industry-leading fuel efficiency, and expediting the realization of the 2030 carbon reduction goal.

Amortization 130

Amortization Depreciation Earnings Before Interest Prospects 130

The Motley Fool

DECEMBER 23, 2023

These targets include a 20% reduction in carbon intensity compared to 2019; a 50% increase in adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) in relation to passenger capacity compared to June 2023 guidance; and a more than doubling of return on invested capital from this year to 2026.

Debt 130

Debt Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JANUARY 6, 2024

This three-year strategy -- introduced in June 2023 -- is a comprehensive approach aimed at bolstering Carnival's financial health, as indicated by improvements in earnings before interest, taxes, depreciation, and amortization ( EBITDA) and return on invested capital ( ROIC). With 2023 notching a 15.5%

Returns 100

Returns Investors Amortization Depreciation 100

The Motley Fool

DECEMBER 21, 2023

We are working to pivot our business toward a model that will streamline our operations, sell nonstrategic assets, improve the consistency of our earnings, increase EBITDA and dividends per share, reduce debt, rightsize the balance sheet, and improve the return on invested capital. million on pre-tax income of $13.4

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Debt Assets 130

The Motley Fool

JULY 5, 2024

I know there's not just top-line growth, do I have to guess the effective tax rate for the companies I'm looking at five years from now? You got to the end of 2018 and going into early 2019. Because I was a very heavy buyer in late 2018 or early 2019. I think it was 2019. Here's our target return on invested capital.

Investing 130

Investing Shareholders Debt Taxes 130

The Motley Fool

JULY 25, 2023

pre-tax margin will likely lead the industry coming in above 2019 margins, despite higher fuel and structurally higher costs. higher than 2019 levels, bringing us above 2019 on a year-to-date basis and beating consensus by 11%. points better than 2019. Our earnings per share of $3 was $0.83 And at a 99.5%

Finance 100

Finance Financing Banks Taxes 100

The Motley Fool

JULY 20, 2023

With over $4 billion in net sales, Q2 was one of the strongest quarters in our 135-year history and certainly is the strongest since the beginning of our business transformation in 2019. Turning to taxes. As can be expected, there are several unique items impacting our second-quarter effective tax rate with our IPO in May.

Taxes 130

Taxes Public Companies Banks Portfolios 130

The Motley Fool

OCTOBER 10, 2024

And following the Fitch upgrade in July, our balance sheet now has two investment-grade ratings and our dividend yield is in line with the S&P 500. Across much of the industry, there has been an accelerated pace of change and we are encouraged by the actions the industry is taking to improve profitability and returns.

Taxes 130

Taxes Leveraging Debt Legal 130

The Motley Fool

AUGUST 23, 2023

in Q2, but our two-year comp was essentially flat and our four-year comp to 2019 was positive 39.7. As I did last quarter, in addition to year-over-year results, I'll reference 2019 as it's helpful to compare our performance with pre-pandemic levels. Our 200 basis points leverage versus 2019's 12.9% Our sales ran negative 11.9

Leveraging 130

Leveraging Capital Accounting Portfolios 130

The Motley Fool

DECEMBER 5, 2024

Braun, one of the world's leading medical technology companies and the customer since 2019 selected test suite for test case creation to aid in testing for their SAP S/4HANA migration. They expect to see significant cost savings from eliminating manual testing with additional improvements in employee engagement and experience.

Leveraging 244

Leveraging Companies Taxes Returns 244

The Motley Fool

MARCH 26, 2024

It was arguably from 2014-2019, the best growth environment for banking in the past 30, 40 years. With the tax cuts and things like that, it was a great environment for banks and the stock was going nowhere, so they had to do something. laughs] A lot has happened to the bank and I get it, your stock price's stagnant for 10 years.

Banks 244

Banks Education Shareholders Accounting 244

The Motley Fool

FEBRUARY 8, 2024

For taxes, our fourth quarter adjusted effective tax rate was 15.8%. The decrease versus prior year is primarily the result of tax law changes that negatively impacted 2022, the release of tax reserves, mostly due to statue of limitations expiring and benefits from effective tax planning. billion for the year.

Taxes 130

Taxes Banks Public Companies Capital 130

The Motley Fool

APRIL 10, 2024

Earlier this morning, we reported our March quarter results, posting pre-tax earnings of $380 million or $0.45 billion, and we delivered a return on invested capital of nearly 14%, putting Delta's returns in the top half of the S&P 500. per share, a $0.20 Free cash flow was $1.4 Fuel efficiency was 1.9%

Legal 130

Legal Banks Debt Leveraging 130

The Motley Fool

JUNE 4, 2024

Both of these Q1 wins were assisted by our inventory rebuilds and targeted product categories, combined with our buy team's continued focus on making wise inventory investments, maximizing markup, while also providing incredible values for our customers. However, we posted positive comps in each month of the quarter.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Capital Shareholders Leveraging 130

The Motley Fool

MAY 22, 2024

All together and more than $2 billion in Q1, Drive Up sales were more than 30 times larger than we saw in the first quarter of 2019. That represents growth of just under $7 billion, or 39%, compared with the first quarter of 2019, the year before the pandemic began. or 33% higher than in 2019. in Q1, which is $0.50 a year ago.

Leveraging 130

Leveraging Taxes Returns Portfolios 130

The Motley Fool

AUGUST 16, 2023

And despite the fact we've experienced more than a percentage point of cumulative profit pressure from higher shrink since 2019, our EPS of $3.86 through the first half of the year is more than 15% higher than in 2019. For the second quarter, our trailing 12-month after-tax ROIC was 13.7%.

Leveraging 130

Leveraging Assets Portfolios Best Practices 130

The Motley Fool

JANUARY 25, 2024

Turning to interest expense and income taxes on Slide 20. And quickly touching on tax, our fourth quarter adjusted effective tax rate was 22.3%, compared to 23.1% Both periods were favorably impacted by discrete tax items, with a more significant impact this year. in the year-ago period. No, that's helpful.

Taxes 130

Taxes Portfolios Leveraging Banks 130

The Motley Fool

JULY 30, 2024

Additionally, our data center projects currently under development are roughly 60% pre-leased, four times the historical average providing confidence in visibility to an accelerated pathway to realizing CoreSite's best-in-class returns on invested capital. That's an important point. So that is a driver, but it's not the only driver.

Leveraging 130

Leveraging Assets Capital Portfolios 130

The Motley Fool

OCTOBER 23, 2024

We've designed our capital investment programs to ensure that we will continue to be the market leader in the years ahead. We believe our approach will enable us to grow faster in the long term, grow our share of EBITDA in the Macao market, and generate industry-leading returns on invested capital.

Assets 130

Assets Capital Legal Finance 130

The Motley Fool

AUGUST 21, 2024

Altogether, over the first six months of 2024, our guests have already made nearly 1 billion trips to target, a number that's grown by more than 20% since 2019. As such, we still find it useful to compare relative growth rates back to 2019. Through the 12 months ending in the second quarter, our after-tax ROIC of 16.6%

Leveraging 130

Leveraging Taxes Capital Returns 130

The Motley Fool

FEBRUARY 20, 2024

In the fourth quarter and for fiscal 2023, our effective tax rate was 24%. And finally, during fiscal 2023, we returned approximately $8 billion to our shareholders in the form of share repurchases, including $1.5 Our share of PCE also remains slightly elevated relative to 2019 and has been on a glide path toward 2019 levels.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Shareholders Returns 130

Pension Pulse

JULY 24, 2023

While CPP regularly commits hundreds of millions of dollars to private equity funds, contributors and beneficiaries often have no idea how the money is really invested. Take for example a reported investment of $750 million in Apollo Investment Fund IX , which was made in 2019. It also appears that 21.5

Pension Funds 88

Pension Funds Private Equity Firms Private Equity Firms Investing 88

The Motley Fool

MAY 30, 2024

Loss before interest and taxes was $21 million in the first quarter. We continue to expect our effective tax rate to be approximately 27% for the full year. They continue to be a great return on investment for us and bring us. On 2019 we're at 6% EBIT margin. We ended the first quarter with $1.2 Operator Thank you.

Capital 130

Capital Leveraging Accounting Shareholders 130

The Motley Fool

AUGUST 12, 2024

And when you look at what we're dealing with today, we did a number of transactions in 2019, 2020. We set out in 2019 to build a sustainably profitable gold and copper mining company focused on world-class assets. And I don't believe -- when you look at our register, our main investors are all still very much intact from 2019.

Assets 130

Assets Capital Liabilities Banks 130

The Motley Fool

FEBRUARY 4, 2025

During the quarter, we sold assets that resulted in a tax benefit, which partially offset the prior tax expense from our ABG sale and essentially offset a write-off of predevelopment costs associated with a joint venture development project in California. I think that's still kind of above where you were pre-COVID in 2019.

Assets 130

Assets Portfolios Taxes Debt 130

The Motley Fool

JANUARY 12, 2024

operating margin and pre-tax income of $5.2 We generated free cash flow of $2 billion while investing 5.3 Return on invested capital was 13.4%, a 5-point improvement from 2022. per share and pre-tax income of 5.2 Return on invested capital improved to 13.4%, up 5 points over 2022. We delivered an 11.6%

Banks 130

Banks Leveraging Taxes Debt 130

The Motley Fool

NOVEMBER 21, 2023

Our tax rate was 13% in Q3, and year to date is 16%. Customers returning for additional purchases for Sephora, shop two times more often than Kohl's base. Our return on investment, all the capital that we spent, obviously, is very significant overall. The payment rates, though, are still ahead of 2019.

Leveraging 100

Leveraging Capital Banks Shareholders 100

The Motley Fool

JULY 11, 2024

Earlier this morning, we reported our June quarter results, posting pre-tax earnings of $2 billion, or $2.36 With strong cash generation, we continue to progress our balance sheet back toward investment-grade metrics and announced a 50% increase to our quarterly dividend. We appreciate you joining us today. over last year.

Banks 130

Banks Debt Liabilities Taxes 130

The Motley Fool

JULY 25, 2023

As a result of this transaction, we recorded a pre-tax gain of $74 million and $30 million of related expenses, both of which are excluded from our adjusted results this quarter. Lastly, the adjusted effective tax rate for the quarter was 20.5%, compared to 22% in the year-ago period. With the first half of the year, we generated $1.4

Taxes 100

Taxes Banks Capital Assets 100

The Motley Fool

AUGUST 1, 2023

New stores are bringing attractive unit economics for the business while we benefit from strong growth in returns on invested capital in these markets. Store growth, capital spend, and tax rate guidance also remain unchanged from what we shared previously. Our international store growth was 10% year over year. Turning to China.

Leveraging 130

Leveraging Portfolios Companies Banks 130

The Motley Fool

FEBRUARY 5, 2024

Our NOI ended the year higher than 2019 pre-pandemic levels. Occupancy is above year-end 2019 levels for all of our platforms. During the quarter, we sold a portion of our interest in ABG for gross proceeds of $300 million in cash and reported pre-tax and after-tax gains of $157 million and $118 million, respectively.

Assets 130

Assets Portfolios Enterprise Values Capital 130

The Motley Fool

OCTOBER 24, 2023

Our year-to-date volume growth remains consistent with underlying performance compared to 2019. In 2019, digital was less than 30% of our total media spend and year to date is over 60%. Through digital campaigns with segmenting the population that's disproportionately reaching consumer where we earned higher return on investments.

Leveraging 100

Leveraging Capital Banks Taxes 100

The Motley Fool

APRIL 25, 2024

Our three-year EBITDA margins and return on invested capital are above the peer median with return on invested capital, 200 basis points above our 13% target across the economic cycle. Our actions since 2019 have created a stronger Dow. Turning to Slide 10.

Capital 130

Capital Assets Banks Shareholders 130

The Motley Fool

MAY 8, 2024

That's an awesome growth story for programmatic digital out of home when we observe that it represented only 3% in 2019. This allows us to serve the most relevant ad, maximizing engagement and return on investment. This represents a whopping 969% growth over six years, and it's not stopping.

Leveraging 130

Leveraging Capital Accounting Companies 130

The Motley Fool

FEBRUARY 27, 2024

In fact, store managers have been receiving share-based compensation for decades, and assistant store managers since 2019. As a reminder, in the prior year, we recognized $441 million of pre-tax transaction costs associated with the sale of the Canadian retail business. The effective tax rate was 23.8% SG&A of 20.9%

Companies 130

Companies Legal Capital Leveraging 130

The Motley Fool

AUGUST 13, 2024

In the quarter, pre-tax intangible asset amortization was $90 million, including $39 million related to SRS. In the second quarter, our effective tax rate was 24.5%, compared to 24.4% Our effective tax rate is targeted at approximately 24%. Our operating margin for the second quarter was 15.1%, compared to 15.4%

Amortization 130

Amortization Securities and Exchange Commission (SEC) Assets Finance 130