The Motley Fool

MAY 14, 2024

billion in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) and $1.2 It also owns the popular Pandora streaming app it acquired in 2019 to have some skin in the digital space beyond the mobile app for streaming its flagship satellite radio broadcasts. The model works. It expects to generate $2.7

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The Motley Fool

DECEMBER 20, 2024

And with ROIC ending 2024 at 11%, comfortably above our cost of capital, we are already delivering long-term value for our shareholders as we lay the foundation we'll build upon in 2025 and beyond. And we have nothing in the forecast for these changes, for the tax. We achieved about 17.5% compared to the prior year. This was 0.6

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Leveraging Debt Assets 246

The Motley Fool

APRIL 1, 2024

Berkshire is not big on newcomers," he jokes in his most recent annual letter to shareholders. While Buffett has trimmed his Apple position a few times in the past, it appears to be for tax purposes more than anything. Buffett called Apple "a better business than any we own," at Berkshire's annual shareholder meeting last year.

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Investing Shareholders Stakes Taxes 246

The Motley Fool

OCTOBER 8, 2023

New Construct's ROIC formula is net operating profit after taxes (NOPAT) divided by average invested capital. That's important because it suggests their investments are creating value for shareholders after factoring in debt and equity financing. That's evident in ExxonMobil's long-term investment strategy.

Shareholders 245

Shareholders Debt Capital Taxes 245

The Motley Fool

MARCH 17, 2024

Only 12% of its shareholders resided in the U.S. Equinor plans to grow its installed renewable energy capacity at a 50% compound annual rate between 2023 and 2030, reaching an installed capacity of 12 to 16 gigawatts (GW) by 2030, which will net an after-tax return of 4% to 8%. per share in 2019 to just $0.09

Shareholders 130

Shareholders Mergers and Acquisitions Capital Taxes 130

The Motley Fool

JULY 29, 2024

As a business development company (BDC) , Ares must return at least 90% of its income to shareholders in the form of dividends for its profits to be exempt from taxes. 1 in Private Debt Investor's annual survey every year since 2019. Ares Capital Few stocks offer a dividend as spectacular as Ares Capital (NASDAQ: ARCC).

Debt 246

Debt Capital Business Development Companies Taxes 246

The Motley Fool

JANUARY 11, 2024

Management said that net yields in the 2023 fourth quarter, a cruise profit metric, were higher than in 2019, which was itself a strong year, and were higher than expected. That led to earnings before interest, taxes, depreciation, and amortization ( EBITDA ) to rise 5% per unit from 2019 levels despite interim inflation.

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Investing Amortization Depreciation Debt 240

The Motley Fool

SEPTEMBER 30, 2024

Buffett has said that the decision to sell portions of Berkshire's investments in stocks like Apple or Bank of America is based on the idea that corporate tax rates will rise when the current tax law expires at the end of next year. Buffett also has the challenge of producing above-market returns for shareholders. Through Sept.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Investors Taxes Banks 246

The Motley Fool

JANUARY 13, 2024

Boeing has gone into damage-control mode in an attempt to preserve its reputation, but the company already grounded its 737 MAX planes for several months after two crashes just months apart in 2018 and 2019. Boeing's revenue plunged after its 737 MAX planes were grounded in 2019. There's a risk of losing more business to rival Airbus.

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Taxes Shareholders Returns Stock Market 246

The Motley Fool

JANUARY 26, 2024

While Tesla is viewed by its shareholders as something of an artificial intelligence (AI), technology, and automaking company rolled into one , I'm going to show you why it's nothing more than a car company that should be valued as such by Wall Street. Image source: Tesla. That's hardly "innovative." While Tesla's side projects (e.g.,

Companies 246

Companies Taxes Shareholders Accounting 246

The Motley Fool

OCTOBER 20, 2024

First, prior to this decline, the company's ratio of enterprise value (EV) to earnings before interest, taxes, depreciation, and amortization (EBITDA) was at an all-time high of 24. Since 2019, MTY has lowered its share count by 1.2% annually -- a nice addition to the cash returned to shareholders with dividends. Not so much.

Mergers and Acquisitions 241

Mergers and Acquisitions Enterprise Values Amortization Depreciation 241

The Motley Fool

JULY 8, 2024

Consider Realty Income (NYSE: O) , which has seen its shares fall by almost 35% from their 2019 high. It rents them to tenants as a net lease, meaning the tenants cover the taxes, insurance, and maintenance costs on its properties. Today, shareholders receive almost $3.16 Not every stock has soared in the latest bull market.

Shareholders 188

Shareholders Depreciation Taxes Portfolios 188

The Motley Fool

AUGUST 6, 2023

In his 1988 annual letter to shareholders, Buffett penned that when it comes to owning outstanding businesses with excellent management, "our favorite holding period is forever." As for why Buffett's love grew for Apple, the company returns an incredible amount of capital to its shareholders in the form of dividends and share buybacks.

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Stakes Debt Leveraging Shareholders 246

The Motley Fool

APRIL 1, 2024

shareholders that “when we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.” He clarified his position in his 2016 letter to shareholders: “It is true that we own some stocks that I have no intention of selling for as far as the eye can see (and we’re talking 20/20 vision).

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Enterprise Values Shareholders Amortization Depreciation 245

The Motley Fool

MAY 11, 2024

He especially likes companies returning money to shareholders through dividends and stock buybacks. Berkshire didn't buy Amazon stock until 2019, and Buffett has often expressed regret for not recognizing the opportunity sooner. Berkshire's incredible run of success stems from a simple strategy. Amazon: 0.5% Today, Amazon's $1.9

Portfolios 246

Portfolios Conglomerates Investing Stakes 246

The Motley Fool

DECEMBER 11, 2023

But the real story shareholders of this tech giant are following is the rising profitability. Adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) rose 10% in fiscal 2023 to $23.2 YOY = year over year. In all, Broadcom's revenue increased 8% on the year, again mainly driven by AI chip sales.

Amortization 244

Amortization Depreciation Earnings Before Interest Shareholders 244

The Motley Fool

JANUARY 31, 2024

Founders and CEOs of big companies often have much of their net worth tied up in company stock, and when the company's market value grows, so does the value of shareholders' holdings. That is up from 53% in 2019 and marks the highest household stock-ownership rate recorded in the triennial survey. About 58% of U.S.

Mutual Funds 246

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The Motley Fool

SEPTEMBER 16, 2024

Indeed, 2020 was a bumper year for the company, with revenue more than doubling from 2019. And if that's not discouraging enough, shareholders now have to deal with its short-lived tenure in the S&P 500. But this is merely a tax-timing issue. S&P Global has announced that Etsy is getting removed from the index on Sept.

Prospects 246

Prospects Taxes Shareholders Returns 246

The Motley Fool

JULY 7, 2024

He likes to invest in companies with steady growth, reliable profitability, strong management teams, and shareholder-friendly initiatives like dividend payments and stock buyback programs. billion -- even after it sold 13% of its stake (for tax reasons) earlier this year. holding company since 1965. Amazon: 0.5% Apple: 44.5%

Portfolios 246

Portfolios Conglomerates Initial Public Offering Investing 246

The Motley Fool

MAY 18, 2024

Arvind Krishna drove the 2019 acquisition of Red Hat, which placed IBM on the path to becoming a full-fledged cloud company. As a real estate investment trust ( REIT ), it pays at least 90% of its net income in dividends in exchange for an income tax exemption on its operational profits. To that end, shareholders earn $6.26

Consulting 245

Consulting Consultants Taxes Shareholders 245

The Motley Fool

SEPTEMBER 26, 2024

In 2019, the company bought Anadarko Petroleum, winning a bidding war with Chevron. It was a smaller deal and should be easier to digest, but it also makes clear that Oxy's push today is about competing with energy industry giants and not returning cash to shareholders via dividends. That's where the story gets complicated.

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Bidding Leveraging Taxes Finance 244

The Motley Fool

MARCH 3, 2024

In 2019, Block's net income was $375 million. In CEO Jack Dorsey's letter to shareholders, he said that the company would keep a cap on its number of employees at 12,000 "until we feel the growth of the business has meaningfully outpaced the growth of the company." This part of its business was responsible for $4.3

Amortization 246

Amortization Depreciation Earnings Before Interest Banks 246

The Motley Fool

MAY 13, 2024

What Warren Buffett's cash stack and shrinking Apple position might signal about his view of the market and tax policy. He always said basically, the inference was that Buffett could invest the capital flows at Berkshire Hathaway better than returning it to shareholders in the form of dividend or even in the form of share buybacks.

Taxes 246

Taxes Shareholders Stakes Finance 246

The Motley Fool

FEBRUARY 21, 2024

Its shares have climbed by just 44% since February 2019. This gives the leadership team confidence that 2024 will see adjusted earnings before interest and taxes of $10 billion to $12 billion, better than what it produced in 2023. Look at Detroit automaker Ford (NYSE: F). In the last five years, diluted EPS climbed 3.3%

Earnings Before Interest 246

Earnings Before Interest Taxes Shareholders Capital 246

The Motley Fool

JUNE 12, 2024

The rescheduling of cannabis from a Schedule I substance down to Schedule III, assuming it ends up happening, could help lower the tax bill for pot producers and make it easier to research cannabis, but it falls short of legalization and may not lead to cannabis companies being able to trade on a top U.S.

Mergers and Acquisitions 239

Mergers and Acquisitions Legal Prospects Taxes 239

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. He called her "an extraordinary manager" at Berkshire's 2023 Shareholder meeting in May. The company now holds a significant amount of debt. As a result, she sees oil climbing to $80 per barrel by the end of the year.

Conglomerates 240

Conglomerates Enterprise Values Debt Amortization 240

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. In his 2023 letter to shareholders, he wrote: "No one knows what oil prices will do over the next month, year, or decade. It currently holds about 27% of Occidental's shares outstanding.

Banks 246

Banks Stakes Enterprise Values Amortization 246

The Motley Fool

OCTOBER 6, 2024

Investors with substantial unrealized capital gains may be willing to give up a few basis points in order to delay taxes by not selling. The ETF tracks an index that ranks and weights securities by fundamentals -- adjusted sales, operating cash flow , and cash returned to shareholders. But there are billions locked into the older ETF.

Stock Exchanges 246

Stock Exchanges Assets Stakes Funds 246

The Motley Fool

APRIL 6, 2024

These tight budgets make the company's value proposition attractive and help explain how the Murphy Drive Rewards loyalty program quickly grew to 8 million members after launching in 2019. Plenty of free cash flow (FCF) is left over after its capital expenditures, so management consistently rewards shareholders with stock buybacks.

Investors 242

Investors Enterprise Values Amortization Depreciation 242

The Motley Fool

JULY 13, 2024

Buffett likes to buy stock in companies with steady growth, consistent profitability, solid management teams, and shareholder-friendly initiatives like dividend schemes and stock buyback programs. The cloud computing company is growing, but it's a long way from achieving profitability, and it doesn't return any money to shareholders.

Portfolios 246

Portfolios Conglomerates Banks Shareholders 246

The Motley Fool

OCTOBER 9, 2024

The conglomerate's success stems from Buffett's simple investment strategy : He likes companies with steady growth, robust profitability, strong management teams, and shareholder-friendly initiatives like stock buyback programs and dividend schemes. That's why investors closely monitor Berkshire's every move.

Conglomerates 246

Conglomerates Portfolios Investing Stakes 246

The Motley Fool

NOVEMBER 23, 2024

He likes companies with steady growth, reliable profitability, strong management teams, and shareholder-friendly initiatives like dividends and stock buybacks. Berkshire invested in Amazon stock in 2019, and Buffett has expressed regret for not identifying the opportunity sooner. Even though it represents only 0.7%

Conglomerates 246

Conglomerates Portfolios Investing Taxes 246

The Motley Fool

AUGUST 5, 2024

With his financial and operational expertise, I'm confident that Adrian will support our growth objectives to create sustainable value for our shareholders. As this will be my last earnings call with Yum China, I want to express my sincere gratitude to Joey, my colleagues and shareholders, and our analysts. billion to shareholders.

Shareholders 246

Shareholders Capital Leveraging Portfolios 246

The Motley Fool

JULY 8, 2023

A high-growth restaurant John Ballard (Chipotle Mexican Grill): Chipotle has been a stellar performer for shareholders over the last decade. billion, topping its previous record of $6 billion in the same quarter in 2019. Let's see why three Motley Fool contributors believe these stocks are well-positioned for long-term gains.

Prospects 246

Prospects Amortization Depreciation Earnings Before Interest 246

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 billion last year. 10 stocks we like better than C3.ai

Leveraging 186

Leveraging Prospects Taxes Financial Services 186

The Motley Fool

AUGUST 28, 2024

In Buffett's 2019 annual shareholder letter, he wrote: We constantly seek to buy new businesses that meet three criteria. Using trailing-12-month earnings against net tangible assets, Ulta Beauty earned approximately 73% pre-tax or 55% post-tax of the net tangible equity capital required to run its business.

Companies 130

Companies Stakes Shareholders Taxes 130

The Motley Fool

DECEMBER 4, 2024

We last had this calendar in 2019 and have used that experience to build our fourth quarter plan this year. I would like to add my welcome to Winnie, I look forward to working with you to create value for our shareholders. We expect a full effective tax rate for 2024 of approximately 25%. Thanks, Jeremy.

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Leveraging Capital Amortization Depreciation 130