The Motley Fool

APRIL 29, 2024

These capital market levers allow us to deploy intelligent leverage to increase our Bitcoin holdings in a manner which we believe has created shareholder value. Leverage provides the opportunity to generate higher returns if the price increases. Software business operating expenses were $96.1 million, up 1.7% compared to $94.5

Leveraging 246

Leveraging Debt Assets Capital 246

The Motley Fool

FEBRUARY 22, 2024

Let's start with tax. Tax preparation represents a $35 billion TAM. This includes $31 billion within the assisted consumer and business tax categories, which we have barely started to penetrate. Second, small businesses can file their taxes with TurboTax. Let me share more about the areas of focus this season.

Taxes 243

Taxes Accounting Leveraging Banks 243

The Motley Fool

MARCH 13, 2024

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. Our adjusted effective tax rate was 23.1%, compared to 23.4%.

Liabilities 246

Liabilities Depreciation Capital Leveraging 246

The Motley Fool

JULY 17, 2024

ROCE is a profitability metric that is calculated as earnings before interest and taxes divided by total assets minus current liabilities. It is now leveraging that pricing model through a growing home delivery service. ITW is an incredibly well-run business, as evidenced by its growing return on capital employed (ROCE).

Conglomerates 246

Conglomerates Capital Earnings Before Interest Debt 246

The Motley Fool

JULY 24, 2024

For example, in software, our broad suite of automation products like Apptio and watsonx Orchestrate are leveraging AI and we expect to do the same with HashiCorp once the acquisition is complete. The last 12 months of AI pilots has made it clear that sustained value from AI requires truly leveraging enterprise data.

Consulting 243

Consulting Consultants Leveraging Taxes 243

The Motley Fool

DECEMBER 20, 2024

In under two years, we have paid down over $8 billion of debt off our peak and significantly reduced interest expense, which, coupled with our improving EBITDA, has improved our leverage metrics tremendously. times net debt to EBITDA, closing in on our expectation to reach investment-grade leverage metrics in 2026. This was 0.6

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Leveraging Debt Assets 246

The Motley Fool

APRIL 18, 2024

On the liability side, current liabilities increased by NT$113 billion, mainly due to the increase of NT$140 billion in accrued liabilities and others, partially offset by the decrease of NT$44 billion in accounts payable. Also, in the second quarter, we will need to accrue the tax on the undistributed retained earnings.

Taxes 246

Taxes Liabilities Accounting Capital 246

The Motley Fool

NOVEMBER 28, 2023

Consumer group revenue growth reflects a strong finish to the tax extension season. We remain focused on transforming the assisted consumer and business tax categories with TurboTax Live. Our innovation in tax has accelerated in several areas. We believe this is Intuit's most exciting era yet. Third, QuickBooks.

Taxes 246

Taxes Accounting Best Practices Banks 246

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

DECEMBER 19, 2024

We expect continued year-over-year improvement in the fourth quarter as governed by sales performance given the leverage deleverage nature of service. SG&A leveraged by 640 basis points driven by the growth and gross profit and our continued expense efficiency actions. With that, we'll be happy to take your questions.

Leveraging 130

Leveraging Depreciation Taxes Finance 130

The Motley Fool

DECEMBER 4, 2024

Our adjusted effective tax rate was 23.8%, compared to 21.8%, reflecting lower workers' opportunity tax credits in the current year. Our bank-defined leverage at quarter-end stood at approximately 2.4 Yes, we leverage third party. And what is the long-term SG&A leverage opportunity as the 3.0 rollout matures?

Depreciation 244

Depreciation Leveraging Liabilities Banks 244

The Motley Fool

DECEMBER 9, 2024

The non-GAAP tax rate for the quarter was actually 20.1%, which is higher than my 19% guidance. Even as higher tax rate lowered EPS by $0.02, we still hit the high end of my constant currency guidance. Lastly, my EPS guidance for Q3 assumes a base tax rate of 19%. Absolutely, we did better.

Taxes 245

Taxes Investors Banks Liabilities 245

The Motley Fool

DECEMBER 9, 2024

To that end, we are leveraging the learnings from early service engagement to develop new tools to accelerate future modernization efforts. In addition, as previously announced, we are bringing search and vector service to our community and EA offerings, leveraging our run anywhere competitive advantage in the world of AI.

Education 242

Education Professional Services Leveraging Accounting 242

The Motley Fool

OCTOBER 31, 2024

On the institutional side, our continued leadership in pension risk transfer was reinforced through a second transaction with IBM, this time to reinsure $6 billion of pension liabilities. We also maintain a well-diversified, high-quality portfolio and disciplined approach to asset liability management. billion or $3.48

Liabilities 130

Liabilities Capital Assets Shareholders 130

The Motley Fool

AUGUST 31, 2023

Our effective tax rate for the quarter was 22.9% These include reducing our inventory position, refreshing and refining our processes, leveraging additional tools and technology, and improving execution in our stores. Our EPS continues to assume an effective tax rate of approximately 22.5%. and compares to 22.1% billion to $1.7

Leveraging 244

Leveraging Returns Shareholders Capital 244

The Motley Fool

NOVEMBER 21, 2024

We've transformed the company from a tax and accounting platform to an AI-driven expert platform. Starting with our consumer platform, Big Bet 3 is focused on helping customers make smart money decisions, take steps to improve their financial health year round, achieve their best tax outcome, and accelerate the receipt of their refund.

Taxes 130

Taxes Accounting Leveraging Capital 130

The Motley Fool

NOVEMBER 7, 2024

life insurance companies reported an estimated pre-tax loss of $18 million, driven by unfavorable mortality and higher new claims, as well as lower benefit from legal settlements. life insurance companies to continue to operate as a closed system, leveraging existing reserves and capital to cover future claims and other obligations.

Legal 130

Legal Debt Shareholders Taxes 130

The Motley Fool

OCTOBER 24, 2023

Excluding the impact of the change in accounting estimate, operating margins increased roughly 6 points driven by improved operating leverage through cost management and the higher gross margin noted earlier. Our effective tax rate was approximately 18%. We expect our Q2 effective tax rate to be between 19% and 20%.

Securities and Exchange Commission (SEC) 245

Securities and Exchange Commission (SEC) Leveraging Accounting Banks 245

The Motley Fool

FEBRUARY 21, 2024

Finally, the power of our platform is a crucial differentiator as we leverage our expertise across ownership of over 15,400 properties globally, inclusive of the Spirit portfolio. times in line with our targeted leverage ratio. And on a leverage-neutral basis, this represents 60% of the total capital. First of all, as a U.S.

Mergers and Acquisitions 246

Mergers and Acquisitions Debt Capital Assets 246

The Motley Fool

OCTOBER 24, 2024

This reduction in our outstanding debt also decreased our leverage ratio to 1.47, down from 1.66 This is the lowest our leverage ratio has been in the last six years. Income tax expense, an effective rate of 20% and ex-items was $3 million for the quarter. On a GAAP basis, we recorded a tax expense of $4.7 last quarter.

Leveraging 130

Leveraging Debt Shareholders Taxes 130

The Motley Fool

OCTOBER 18, 2024

includes significant tax credits within the period. That said, core pre-tax income of $108 million does not reflect what the company is capable of. Second, we have a liability-sensitive balance sheet heading into a falling rate environment. On liabilities, cost of funds increased 3 basis points quarter over quarter.

Taxes 130

Taxes Finance Financing Collateral 130

The Motley Fool

FEBRUARY 13, 2024

We will continue to leverage that advantage, and we're guiding to a range of 7% to 9% operational revenue growth in 2024 and adjusted net income growth in the range of 9% to 11% operationally which reflects our ongoing investments in R&D, supply chain and commercial excellence to cultivate new markets, drive growth and create value.

Leveraging 246

Leveraging Portfolios Shareholders Capital 246

The Motley Fool

AUGUST 29, 2024

In the short term, we're leveraging our strengths to capture market share and to optimize our marketing spend. In addition, we're leveraging the benchmarking study to identify and implement structural improvements to improve the business model with a sense of urgency. million estimated sales tax expense for prior fiscal years.

Leveraging 130

Leveraging Taxes Depreciation Portfolios 130

The Motley Fool

JULY 18, 2024

Our consolidated pre-tax income increased 1% to $1.8 billion on a 2% increase in revenues to $10 billion, with a pre-tax profit margin of 18.1%. We have a strong balance sheet with low leverage and significant liquidity which provides us with the ability to adjust to changing market conditions.

Securities and Exchange Commission (SEC) 243

Securities and Exchange Commission (SEC) Capital Taxes Shareholders 243

The Motley Fool

MAY 2, 2024

Commerce Audiences are a set of precision targeting tactics that leverage the largest commerce dataset on the open internet and best-in-class AI to help advertisers acquire and retain customers. This reflects our operational leverage and the transformation and optimization of our operating model, while investing in areas of growth.

Leveraging 245

Leveraging Shareholders Capital Investors 245

The Motley Fool

OCTOBER 11, 2024

The first was to pay down our debt as fast as we could as this would lower our interest payments and increase our available borrowings, would also give us the financial flexibility we had historically enjoyed given our past low debt leverage ratios. million on a pre-tax basis. million, compared to a loss of $7 million in fiscal 2024.

Debt 240

Debt Capital Leveraging Prospects 240

The Motley Fool

JANUARY 16, 2025

And even though spending increases in brand, people, and technology, and strong fee growth, which drove incentive and transaction processing costs higher, we managed to create operating leverage in the fourth quarter. Second, we recorded a negative pre-tax impact to our market-making revenue of approximately $1.6 requirement.

Banks 130

Banks Leveraging Capital Accounting 130

The Motley Fool

SEPTEMBER 3, 2024

We leverage this proprietary data to train AI models that power innovations throughout our platform. We continue to generate significant leverage in our financial model, with operating margin of approximately 22%, an increase of about 260 basis points year over year. Moving on to taxes. Turning to the rest of the guidance.

Taxes 245

Taxes Accounting Finance Financing 245

The Motley Fool

NOVEMBER 20, 2024

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. These tax-related costs net of government grants totaled RMB 1,221.6 Private Securities Litigation Reform Act.

Bidding 130

Bidding Leveraging Liabilities Taxes 130

The Motley Fool

DECEMBER 5, 2024

million or 9% of net sales compared to last year's pre-tax loss of $1.2 Income tax benefit was $5,000, a near zero tax rate compared to a benefit of $0.3 million or 28% of pre-tax loss last year. To leverage overall largely fixed cost, we have to have sales increases. Pretax loss was $12.9 million or 0.7%

Taxes 130

Taxes Leveraging Assets Liabilities 130

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

AUGUST 24, 2023

We've made strong progress transforming from a tax and accounting platform, where consumers and small businesses have to do the work to achieve the benefit that they are seeking, to a global financial platform where we do the hard work for them. Second, we are planning to scale our business tax offering following a successful pilot this year.

Taxes 188

Taxes Banks Accounting Capital 188

The Motley Fool

SEPTEMBER 5, 2024

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

Leveraging 130

Leveraging Taxes Capital Shareholders 130

The Motley Fool

JULY 30, 2024

The new Azure VMs leverage the industry-leading compute performance and memory capacity of MI300X in conjunction with the latest ROCm software to deliver leadership inferencing price performance when running the latest frontier models, including GPT-4. Taxes, interest expense, and other was $138 million. Operating expenses were $1.8

Leveraging 246

Leveraging Banks Portfolios Taxes 246

The Motley Fool

AUGUST 3, 2023

was 57% below last year, due to the factors noted and includes unfavorable impacts related to taxes and interest expense. Additionally, as we shifted to leverage licensed IP within Wizards, we incurred higher royalty expense, resulting in a 1.7 underlying tax rate, which compares to 21.6% Adjusted earnings per share of $0.49

Leveraging 189

Leveraging Debt Taxes Banks 189

The Motley Fool

JULY 23, 2024

This quarter, we announced over 30 new ads features and products to help advertisers leverage AI and keep pace with the evolving expectations of customers and users. Luxury jewelry retailer Tiffany leveraged Demand Gen during the holiday season and saw a 2.5% Let me briefly share two examples with you. The campaign drove a 5.6

Depreciation 246

Depreciation Bidding Leveraging Liabilities 246

The Motley Fool

OCTOBER 15, 2024

billion in net income after tax. With NII now growing and complementing our fee growth along with our continued solid expense discipline, we expect to return to operating leverage as we move through the quarters in 2025. billion or more on a fully tax equivalent basis. We grew, we did it the right way. Alastair M.

Banks 130

Banks Leveraging Assets Capital 130