This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
I am incredibly excited about this acquisition, which enhances our footprint in some of the most bet-upon sports, including tennis, soccer, and basketball, and will deliver significant value to our clients, partners, and shareholders. The deal, once closed, is expected to be immediately accretive to our business and margins.
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. times net debt to EBITDA, closing in on our expectation to reach investment-grade leverage metrics in 2026. We ended 2024 with $27.5
We also maintained our disciplined approach to capital deployment, while continuing to invest in our businesses and returning excess capital to shareholders. We also maintain a well-diversified, high-quality portfolio and disciplined approach to asset liability management. Turning to Slide 3. Turning to Slide 4. Turning to Slide 5.
Our first priority is to create shareholder value through our approximately 81% ownership stake in Enact. Enact's value continues to grow with a total shareholder return, or TSR, since its IPO of approximately 100% as of February 14th and approximately 15% in 2024.
In the quarter, we continue to execute against our strategy that is driving long-term growth and shareholder value. We're very pleased with Enact's operational strength's capital levels and consistent shareholder distributions. Our first priority is to create shareholder value through Enact's growing market value and returns.
There's no additional acquisition costs for clients in our ecosystem, creating even more operating leverage. The ability to leverage technology is crucial to scale, drive profitable growth, and adapt to market shifts. Let's move to the third layer that powers our ecosystem and experience technology. Thanks, Ryan, for the question.
We've increased our regular dividend rate 160%; and including both regular and special dividends, paid or committed to pay more than $13 billion directly to shareholders; and $3.2 billion of that free cash flow back to our shareholders through a mix of our regular dividend and opportunistic share repurchases. We generated $1.6
We will leverage our strong partnerships and continue collaborating with veterinarians to expand treatment adoption, shifting away from two decades of reliance on NSAIDs. For example, in September, we announced a strategic partnership with Danone to leverage Zoetis' genetic testing capabilities and promoting sustainable dairy production.
During this time, I have connected with shareholders, customers and clients. The combination of these measures will ultimately deliver greater shareholder value. We're also leveraging AI to create a more intuitive workflow and faster turnaround times to reduce frustrations for our members and provider partners.
We have a packed agenda lined up for the next three days, and we're excited to see our customers, partners, analysts, shareholders, and employees, all in person to share our passion for BI, AI, bitcoin, and innovation. billion in equity in a manner that we believe to be creative to existing shareholders. Equity issuances.
The remaining 50 basis points were driven by ROD leverage. SG&A as a percentage of net sales was 33.4%, leveraging 130 basis points versus last year's reported rate and 110 basis points versus last year's adjusted rate primarily due to lower advertising costs in the quarter. Now, let me turn to SG&A. SG&A was $1.3
Issuing a tremendous amount of new shares to raise capital could potentially help, but it'd inflict massive losses on shareholders in the process, and it wouldn't be enough on its own. Billions in assets would need to be sold with the goal of reaching total de-leveraging and resetting its fortunes.
billion and negative shareholder equity of $217.7 This ratio measures a company's financial leverage. You can calculate it by dividing the company's total debt by shareholder equity. When a company shows a negative D/E ratio, its liabilities exceed its assets -- a sign of potential problems.
Whereas about half of claims handled by RWI are resolved within 12 months, closer to three quarters are resolved within that time when handled by a professional shareholder representative. [ a huge increase in post-closing indemnification claims for breach of the no undisclosed liabilities seller representation [8] ).
reflecting our lower volume and lower average sales price leverage. It will receive recurring monthly option payments, which will be used to pay predictable dividends to shareholders, and will additionally receive initial deposits and proceeds from the sale of fully developed homesites. million shares for over $2 billion in cash.
Takeda's low valuation reflects a handful of important risks, such as key patent headwinds for top-selling drugs like Vyvanse, along with the company's highly leveraged balance sheet. At present, the telecom giant offers shareholders an eye-popping 7.9% Large-cap pharma stocks, after all, trade at an average earnings multiple of 15.1.
In spite of these challenges, there are a couple of reasons to believe Sirius XM can deliver triple-digit returns to patient shareholders from here. This premier protection allows AGNC to prudently deploy leverage to its advantage. Further, any potential health-related liabilities would undoubtedly be determined by the U.S.
NAV is defined as total assets minus total liabilities and is also reported on a per share basis. And we continue to maintain very strong liquidity and a conservative leverage profile, which we believe is important in the current economic environment.
Please note that today's discussion will contain forward-looking statements relating to the company's future performance, which are intended to qualify for the safe harbor from liability as established by the U.S. This dividend will be payable on or around April 18, 2025, to shareholders on record as of April 7, 2025.
Controllable costs per ton of finished steel shipped improved on both a sequential and year-over-year basis, helped by lower freight costs, better cost performance at our Arizona 2 micro mill, and improved fixed cost leverage across CMC's mill footprint. The adjusted EBITDA margin for the North American steel group of 12.4% compares to 13.5%
In addition to the opportunity to increase sales and ultimately realize further growth in the pOpshelf banner, we are also able to leverage learnings from this banner and apply them in our non-consumable categories in our Dollar General stores to further strengthen that offering for our DG customers. per share.
Ford also has a healthy balance sheet that should allow it to return plenty of capital to its shareholders. There's no doubt that AT&T's dividend is safe with its leverage declining. If there were ever to be any health-related liability claims against the company, they'd almost certainly be settled in court.
NAV is defined as total assets minus total liabilities and is also reported on a per-share basis. for the full year, strong levels of NII per share and DNII per share to fund our record level of annual shareholder dividends, and a new record for NAV per share for the 10th consecutive quarter.
I also want to acknowledge the board of directors for providing a unique equity compensation structure that ensures my alignment with shareholder interest. Our board of directors has recently approved the resumption of our share repurchase program, leveraging our existing $50 million authorization.
Full details of our results and additional management commentary are available in our earnings release and letter to shareholders, which can be found on the Investor Relations section of our website at ir.fubo.tv. So, the operating leverage continues to be moving in the right direction. And we also see that in B&T.
Finally, I'll finish my remarks by narrowing in on specific actions we're taking in the near term to drive improved profitability and enhance shareholder value in 2025. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. And we'll then open the line for Q&A.
Companies that regularly dole out a dividend to their shareholders are often profitable on a recurring basis, time-tested, and capable of offering transparent, long-term growth guidance. Furthermore, any potential liabilities would likely be determined by the U.S. million in net debt, its net-leverage ratio is a modest 0.31.
With our industry-leading brands that excel in each of their respective segments, the most innovative fleet and destinations, and the best people who are focused on delivering a lifetime of vacations for our guests, we focus on winning share from the large and attractive travel industry while delivering long-term shareholder value.
Over the course of the year, our strong cash generation enabled us to continue to return value to our shareholders. These repurchases were the largest in our history and underscore our confidence in Turtle Beach's long-term growth prospects and our dedication to enhancing shareholder value. Operating expenses of 30.6
As we've said before, we're committed to returning value to our shareholders through technical innovation, acquisitions, stock repurchases, prudent use of debt, and in dividend. Because we are a software company to the core, we're always optimizing our software capabilities, which gives us really enormous leverage.
In 2024, we delivered across our strategic priorities, including achieving record fourth quarter and annual HEPLISAV-B product revenue, advancing our pipeline programs achieving profitability, and returning capital to shareholders through our share repurchase plan. along with expected market share gains by HEPLISAV-B.
The company has done a masterful job of betting on its best brands and avoiding investing too heavily in new brands or making ineffective acquisitions -- choosing instead to pass along its profits to shareholders through buybacks and dividends. It is now leveraging that pricing model through a growing home delivery service.
Thanks to fast portfolio growth and impressive operating leverage, servicing income reached $273 million. Today with Pyro, we get a crystal clear understanding of advances within hours of reviewing the deal tape, which allows us to price the deal quickly and accurately while the seller doesn't need to worry about a tail of liabilities.
We will continue to leverage our digital conveniences to drive member loyalty in the future. Our capital allocation strategy is consistent with our historical framework as we continue to take a disciplined approach to maximizing shareholder value. We also continued to return excess cash to shareholders. Moving on to SG&A.
Adjusted gross margin improvement was driven primarily by lower freight costs, occupancy cost leverage from the extra week, and higher vendor allowances, partially offset by product costs inflation, unfavorable sales mix, and elevated shrink. per share negative impact, primarily from unfavorable general liability insurance claims.
Additionally, we are leveraging innovation as a strategic differentiating tool to meet available demand and stay ahead of market trends. On the technology front, Newmar is beginning to leverage advanced 3D product development technology to successfully reduce the time to market for innovative products like its Super C Grand Star.
As we have demonstrated many times before, we expect to generate leverage on these investments as we scale and OG&A will decline over time as a percentage of revenue. Excluding Farfetch, net income attributable to Coupang shareholders was approximately $108 million for the quarter and diluted earnings per share was $0.06.
And we'll have more to come on our plans to increase awareness and consideration for our brands as we leverage our underexposed portfolio of Caribbean destinations. While we were not actively looking to sell the ship, the offer was in the best interest of our shareholders. Turning to Alaska. Questions & Answers: Operator Thank you.
We have robust plans that leverage the demand for flavor and the strength of our brands. Our team remains focused on returning to our long-term growth algorithm, strengthening our profitability, continuing our strong cash flow, paying down our debt, and reducing our leverage ratio. McCormick remains a growth company. Thanks very much.
As we continue to make progress on our plan, we're even more excited about our future and confident that we have the right strategy to capitalize on the next wave of digital advertising and deliver value for our shareholders. We remain open and we'll continue to consider all opportunities to create further value for shareholders.
We believe that this cash flow growth profile coupled with our high-quality exploration portfolio is differentiated for many of our peers and will drive growth and long-term shareholder value. subsidiaries and a $190 million increase in our net liability on the former Fieldwood properties. per diluted common share.
times net leverage ratio on a comparable basis in the third quarter, still slightly below our three times target. We further advanced our brewery capacity investments and returned nearly $220 million to shareholders through share repurchases and over 180 million in dividends in Q3. We maintained a 2.9 Operator Thank you.
third quarter 2024 shareholder call. Leverage decreased modestly for the quarter to 7.2 One of the reasons why we ended the quarter last quarter with our leverage still very low at 7.2% I think we were well positioned from a leverage perspective. So I don't anticipate us having to do anything on the leverage side.
See the 10 stocks » *Stock Advisor returns as of October 28, 2024 A reconciliation of these measures to the most directly comparable GAAP measures, shareholders net income and total revenues, respectively, is contained in today's earnings release, which is posted in the investor relations section of the cignagroup.com.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content