The Motley Fool

NOVEMBER 12, 2024

We are encouraged to see that this new user cohorts are purchasing bigger basket sizes than older cohorts, giving us better returns on investments and improving our unit economics. We had a net income tax expense of $93 million in the third quarter of 2024 compared to net income tax expense of $62 million in the third quarter of 2023.

Financial Services 130

Financial Services Leveraging Financing Finance 130

The Motley Fool

MAY 7, 2024

Our loss before income tax increased to $39.6 We are confident that we have the right strategy in place and are beginning to see real tangible return on investment. This decrease was driven mainly by a reduction in tax provision and by a decline in staff costs during the quarter. million from $29.2

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Financing Finance Taxes 130

The Motley Fool

FEBRUARY 6, 2024

or 4 percentage point negative impact to EPS related to changes in global tax standards that went into effect January 1st. And third, we expect our adjusted tax rate to be approximately 23% versus 19.5% point rate impact from the change in global tax standards. negative impact from a higher tax rate, including approximately $0.03

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Capital Returns 130

The Motley Fool

AUGUST 6, 2024

For taxes, the second-quarter adjusted effective tax rate was 25.7%. Regarding other income and expenses, in the quarter, we incurred a noncash after-tax charge of $337 million to adjust the carrying value of long-lived assets related to the Dr.Ci:Labo business. We're always with an eye on the strong return on investment.

Banks 234

Banks Shareholders Taxes Portfolios 234

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

DECEMBER 5, 2024

Non-GAAP net income was $50 million -- was $60 million, which excludes a nonrecurring noncash tax benefit of $25 million from the release of valuation allowance on certain deferred tax assets. Third quarter non-GAAP adjusted free cash flow was $33 million.

Leveraging 244

Leveraging Companies Taxes Returns 244

The Motley Fool

AUGUST 7, 2024

Year-over-year results were also impacted by increased technology investment across the enterprise and the lapping of prior year integration costs result -- related to the SCRI joint venture in Rx Savings Solutions. As a reminder, we had a net discrete tax benefit of $147 million in the first quarter of the prior year.

Taxes 130

Taxes Leveraging Assets Capital 130

The Motley Fool

MARCH 20, 2025

This will create more flexibility for both companies' capital structures as we prepare for the separation, which will come in the form of a tax efficient spinoff. So, I was hoping we could learn a little bit more about FedEx's exposure maybe to de minimis shipments in light of the likely change to the tax code on such shipments.

Leveraging 262

Leveraging Capital Banks Shareholders 262

The Motley Fool

JULY 25, 2024

While we navigate through the current challenges and pursue growth opportunities, the company will remain focused on its three long-standing, long-term financial tenants, those being to maximize free cash flow, maximize return on invested capital, and returning excess free cash to our shareholders. Christopher S.

Leveraging 130

Leveraging Debt Shareholders Taxes 130

The Motley Fool

OCTOBER 24, 2024

While we continue to pursue growth opportunities, the company will remain focused on its three long-standing, long-term financial tenets, those being to; maximize free cash flow, maximize return on invested capital, and returning excess free cash to our shareholders. On a GAAP basis, we recorded a tax expense of $4.7

Leveraging 130

Leveraging Debt Shareholders Taxes 130

The Motley Fool

FEBRUARY 7, 2025

Recycling capital in this way keeps our portfolio competitive, lower its capital expenses, and accelerates our return on invested capital, driving long-term core FFO growth. on property taxes and insurance, respectively. And we're doing that for tax efficiency purposes. billion of apartments and sold 3.8 Absolutely.

Debt 189

Debt Leveraging Assets Bidding 189

The Motley Fool

JUNE 12, 2024

Free cash flow as a percentage of revenue has declined from 2023 due to higher cash interest expense from debt related to the VMware acquisition and higher cash taxes due to a higher mix of U.S. billion withholding taxes due on vesting of employee equity, resulting in the elimination of 1.2 We spent 132 million on capital expenditures.

Resale 246

Resale Banks Debt Portfolios 246

The Motley Fool

MAY 7, 2024

For taxes, the first quarter adjusted effective tax rate was 28.3%. For the full year, we continue to expect an adjusted effective tax rate of 25.5% which reflects changes in tax laws, as well as tax-optimization strategies that the company intends to pursue. Adjusted diluted earnings per share was $0.28.

Taxes 130

Taxes Banks Public Companies Portfolios 130

The Motley Fool

JULY 23, 2024

billion, up 14%, with the increase driven primarily by content acquisition costs, followed by depreciation, as well as the impact of the Canadian Digital Services Tax, which was applied retroactively. And how are we thinking about the return on invested capital with this AI capex cycle? Other cost of revenues was $22.1

Depreciation 246

Depreciation Bidding Leveraging Liabilities 246

The Motley Fool

MAY 6, 2024

Gains from investment activity in the first quarter were approximately $0.75 after-tax lower contribution compared to last year. Now, let me talk about other platform investments, affectionately known as OPI. billion and recorded a pre-tax and after-tax gain of $415 million and $311 million, respectively.

Taxes 130

Taxes Capital Assets Banks 130

The Motley Fool

OCTOBER 30, 2024

Our tax rate in the third quarter came in higher-than-expected largely due to one-time discrete items recorded in the quarter primarily related to return to provision adjustments. For Q4 and the full year 2024, we anticipate our effective income tax rates to be approximately 28% and 24%, respectively, on a GAAP basis.

Taxes 130

Taxes Capital Depreciation Banks 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

OCTOBER 22, 2024

billion in cash taxes. In the Fios footprint, it's obvious we will go for it when it makes sense for us, both from a return on investment. So if my base case is that the tax regime remains the same. Cash tax is going up. And then cash taxes, as you mentioned, they're up this year. Thanks, Hans.

Mergers and Acquisitions 246

Mergers and Acquisitions Capital Leveraging Shareholders 246

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

FEBRUARY 13, 2025

While we saw nice leverage with respect to gross profit, EBITDA margins were negatively impacted by growth investments and our claims experience in the quarter. The effective tax rate was 27.3% For 2025, we are expecting an effective tax rate of approximately 26%. for the quarter and 26% for the full year.

Leveraging 130

Leveraging Taxes Capital Liabilities 130

The Motley Fool

AUGUST 15, 2024

Today's discussion may contain forward-looking statements, including, without limitation, statements about our strategies and business plans, as well as our belief, expectation, and guidance about our business prospects such as the future growth of our business, revenue, take rate, profitability and return on investments, and share repurchases.

Taxes 130

Taxes Returns Capital Shareholders 130

The Motley Fool

AUGUST 28, 2024

GAAP and non-GAAP other income and expenses are expected to be about $350 million, including gains and losses from nonaffiliated investments and publicly held equity securities. GAAP and non-GAAP tax rates are expected to be 17%, plus or minus 1%, excluding any discrete items. That's a tremendous return on investment.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Companies Leveraging Returns 246

Pension Pulse

APRIL 18, 2024

Others were more skeptical of the CPP and questioned its staffing, expenditures, and rate of return, with one attendee asserting she would’ve been better off storing her savings under her mattress. Taxes are the cure all!" Unfortunately, they're not and the flip side of more taxes is transparency and accountability.

Pension Funds 59

Pension Funds Investing Taxes Assets 59

The Motley Fool

JULY 20, 2023

Turning to taxes. As can be expected, there are several unique items impacting our second-quarter effective tax rate with our IPO in May. On a reported basis, our tax rate is approximately 32.7%. And on an adjusted basis, our Q2 effective tax rate is 30%. Moving to taxes.

Taxes 130

Taxes Public Companies Banks Portfolios 130

The Motley Fool

AUGUST 7, 2024

Asit Sharma: There are a couple of articles that if you read through them, will summarize this conceptually for you. It's a lot like return on invested capital. First of all, we may have to make a differentiation between pre-tax and after tax ROUNTA. Just assume it's all after tax. But I'll say this.

Amortization 130

Amortization Debt Assets Taxes 130

The Motley Fool

AUGUST 3, 2023

These required significant investment and the markets have not seen the growth in profitability we had expected over the past several years. We see an opportunity to shift these resources toward strategic areas that have a higher potential return on investment, and we continue to drive toward our goal.

Leveraging 130

Leveraging Banks Taxes Accounting 130

The Motley Fool

JUNE 6, 2024

I would now like to turn the presentation over to your host for today's conference, Julie Kerekes, senior managing director of global tax and investor relations. Julie Kerekes -- Treasurer and Senior Managing Director of Global Tax and Investor Relations Thank you, and good morning, everyone. Please proceed, Ms. a year ago.

Taxes 130

Taxes Leveraging Capital Financing 130

The Motley Fool

AUGUST 27, 2024

Rack stores that were opened last year are performing well delivering a solid return on investment while attracting new customers. Income tax expense of $42 million or 25.7% of pre-tax earnings, was higher than the 17.2% Last year's second quarter income tax benefited from the favorable resolution of certain tax matters.

Leveraging 130

Leveraging Taxes Depreciation Accounting 130

The Motley Fool

JANUARY 24, 2024

billion from the release of valuation allowance on certain deferred tax assets. Accordingly, starting with Q1, our book tax rate will now be more in line with other companies in the S&P 500. And the last investor question is from Siddharth: What are the preliminary results on return on investment of your ads and education campaign?

Taxes 130

Taxes Education Shareholders Companies 130

The Motley Fool

JULY 25, 2024

The effective tax rate was approximately 26.1% For the second quarter, we had non-GAAP pre-tax adjustments associated primarily with the FOX acquisition-related items, totaling approximately $4 million of pre-tax expense in the quarter. in the quarter. Our ETR was 25.3% Quarterly GAAP net income was $129 million or $0.27

Leveraging 130

Leveraging Taxes Capital Best Practices 130

The Motley Fool

OCTOBER 31, 2023

A portion of that value is easy to calculate because it's the value they receive by the elimination of after-the-fact payroll errors that require correction payroll runs, manual checks, voided checks, direct deposit reversals, additional wires, tax adjustments, W-2Cs, etc., Third quarter GAAP tax rate came in at 26.3%.

Banks 130

Banks Taxes Shareholders Capital 130

The Motley Fool

JANUARY 30, 2025

For the fourth quarter of 2024, GAAP results include a noncash after-tax mark-to-market pension charge of $506 million. Total after-tax transformation strategy cost of $73 million, after-tax asset impairment charges of $46 million and an after-tax cost related to the withdrawal from a multiemployer pension plan of $14 million.

Taxes 130

Taxes Securities and Exchange Commission (SEC) Capital Leveraging 130

The Motley Fool

JULY 27, 2023

While we aggressively pursue growth opportunities, the company will remain focused on its three long-standing, long-term financial tenants, those being to maximize free cash flow, maximize return on invested capital, and returning excess free cash to our shareholders. On a GAAP basis, we recorded a tax benefit of 7.3

Leveraging 100

Leveraging Taxes Shareholders Debt 100

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. And property tax onetime benefit was roughly a quarter of the whole thing.

Leveraging 130

Leveraging Assets Capital Portfolios 130

The Motley Fool

JULY 26, 2024

Adjusted EPS grew 6% in Q2 and 7% year-to-date, reflecting double-digit adjusted operating income growth and ongoing share buyback, partially offset by higher interest expense, the issuance of 19 million shares to fund the acquisition of NFP and a higher tax rate. And then my follow-up question, the tax rate in the quarter went to above 22%.

Capital 130

Capital Taxes Financing Finance 130

The Motley Fool

FEBRUARY 1, 2024

We delivered these results while investing almost $800 million to sustain productivity and accelerate our organic growth initiatives in our highly profitable core businesses. After-tax return on invested capital is expected to remain firmly at 30%-plus, and we expect strong free cash flows again, with conversion greater than net income.

Taxes 130

Taxes Banks Leveraging Portfolios 130

The Motley Fool

MAY 3, 2024

In the factory, we're beginning to see early returns on investments in production, including robotics, our patented automated mold polishing process, and machine perception in our quality verification process. We currently estimate a non-GAAP effective tax rate of 24%, plus or minus 50 basis points in the second quarter.

Capital 130

Capital Amortization Liabilities Companies 130