Will This ETF Beat the Market Over the Next 12 Months?
2024 was another banner year for the US stock market,…
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Revenue | $2.1B | $1.3B | $1.6B | $1.5B | $1.4B | |
Revenue Growth (YoY) | 9.9% | -36.68% | 20.39% | -4.28% | -6.74% | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $693M | $535M | $563M | $647M | $699M | |
Other Inc / (Exp) | -$157M | -$254M | -$27M | $32M | -$15M | |
Operating Expenses | $1.6B | $1.1B | $1.1B | $974M | $882M | |
Operating Income | $464M | $208M | $455M | $524M | $515M | |
Net Interest Expenses | $100M | $112M | $93M | $80M | $102M | |
EBT. Incl. Unusual Items | $207M | -$158M | $335M | $476M | $398M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $50M | -$26M | $91M | $121M | $109M | |
Net Income to Company | $157M | -$132M | $244M | $355M | $289M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $157M | -$132M | $244M | $355M | $289M | |
Basic EPS (Cont. Ops) | $1.63 | -$1.42 | $2.61 | $3.93 | $3.43 | |
Diluted EPS (Cont. Ops) | $1.62 | -$1.42 | $2.60 | $3.91 | $3.41 | |
Weighted Average Basic Share | $96.5M | $93.4M | $93.4M | $90.3M | $84.4M | |
Weighted Average Diluted Share | $96.6M | $93.4M | $93.9M | $90.8M | $84.9M | |
EBITDA | $420M | $54M | $524M | $638M | $582M | |
EBIT | $311M | -$44M | $429M | $561M | $506M | |
Revenue (Reported) | $2.1B | $1.3B | $1.6B | $1.5B | $1.4B | |
Operating Income (Reported) | $464M | $208M | $455M | $524M | $515M | |
Operating Income (Adjusted) | $311M | -$44M | $429M | $561M | $506M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $337M | $463M | $407M | $402M | $396M | |
Revenue Growth (YoY) | -39.82% | 37.39% | -12.1% | -1.23% | -1.49% | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $135M | $160M | $176M | $193M | $179M | |
Other Inc / (Exp) | -- | -- | -$1M | -$1M | -$4M | |
Operating Expenses | $266M | $302M | $246M | $238M | $221M | |
Operating Income | $71M | $161M | $161M | $164M | $175M | |
Net Interest Expenses | $29M | $22M | $21M | $27M | $34M | |
EBT. Incl. Unusual Items | $42M | $139M | $139M | $136M | $137M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $15M | $36M | $38M | $33M | $35M | |
Net Income to Company | $27M | $102M | $101M | $103M | $102M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $27M | $103M | $101M | $103M | $102M | |
Basic EPS (Cont. Ops) | $0.29 | $1.10 | $1.13 | $1.22 | $1.30 | |
Diluted EPS (Cont. Ops) | $0.29 | $1.09 | $1.13 | $1.21 | $1.29 | |
Weighted Average Basic Share | $93.3M | $93.6M | $89.5M | $84M | $78.8M | |
Weighted Average Diluted Share | $93.4M | $94.1M | $89.9M | $84.5M | $79.2M | |
EBITDA | $95M | $184M | $178M | $182M | $188M | |
EBIT | $71M | $161M | $160M | $163M | $171M | |
Revenue (Reported) | $337M | $463M | $407M | $402M | $396M | |
Operating Income (Reported) | $71M | $161M | $161M | $164M | $175M | |
Operating Income (Adjusted) | $71M | $161M | $160M | $163M | $171M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $1.5B | $1.5B | $1.6B | $1.4B | $1.4B | |
Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $550M | $550M | $628M | $713M | $685M | |
Other Inc / (Exp) | -$266M | -$26M | $27M | -$9M | -$70M | |
Operating Expenses | $1.2B | $1.1B | $1B | $913M | $852M | |
Operating Income | $301M | $386M | $524M | $498M | $537M | |
Net Interest Expenses | $106M | $101M | $81M | $93M | $121M | |
EBT. Incl. Unusual Items | -$71M | $259M | $470M | $396M | $346M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | -$10M | $71M | $122M | $100M | $93M | |
Net Income to Company | -$61M | $188M | $348M | $296M | $253M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | -$61M | $188M | $348M | $296M | $253M | |
Basic EPS (Cont. Ops) | -$0.66 | $2.01 | $3.80 | $3.45 | $3.19 | |
Diluted EPS (Cont. Ops) | -$0.66 | $2.00 | $3.79 | $3.43 | $3.17 | |
Weighted Average Basic Share | ||||||
Weighted Average Diluted Share | ||||||
EBITDA | $141M | $458M | $636M | $570M | $547M | |
EBIT | $39M | $362M | $552M | $494M | $473M | |
Revenue (Reported) | $1.5B | $1.5B | $1.6B | $1.4B | $1.4B | |
Operating Income (Reported) | $301M | $386M | $524M | $498M | $537M | |
Operating Income (Adjusted) | $39M | $362M | $552M | $494M | $473M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $1B | $1.2B | $1.2B | $1.1B | $1.1B | |
Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $392M | $408M | $473M | $538M | $525M | |
Other Inc / (Exp) | -$249M | -$21M | $33M | -$8M | -$63M | |
Operating Expenses | $823M | $812M | $734M | $673M | $642M | |
Operating Income | $182M | $360M | $430M | $404M | $426M | |
Net Interest Expenses | $82M | $72M | $61M | $73M | $92M | |
EBT. Incl. Unusual Items | -$149M | $267M | $402M | $323M | $271M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | -$24M | $72M | $103M | $83M | $67M | |
Net Income to Company | -$125M | $195M | $299M | $240M | $204M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | -$125M | $195M | $299M | $240M | $204M | |
Basic EPS (Cont. Ops) | -$1.34 | $2.09 | $3.28 | $2.81 | $2.57 | |
Diluted EPS (Cont. Ops) | -$1.34 | $2.08 | $3.27 | $2.80 | $2.55 | |
Weighted Average Basic Share | $280.3M | $280.6M | $273.6M | $250.5M | $240.4M | |
Weighted Average Diluted Share | $280.6M | $282M | $275.2M | $252M | $241.7M | |
EBITDA | $7M | $410M | $522M | $453M | $417M | |
EBIT | -$67M | $339M | $463M | $396M | $363M | |
Revenue (Reported) | $1B | $1.2B | $1.2B | $1.1B | $1.1B | |
Operating Income (Reported) | $182M | $360M | $430M | $404M | $426M | |
Operating Income (Adjusted) | -$67M | $339M | $463M | $396M | $363M |
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Cash and Equivalents | $94M | $493M | $171M | $161M | $66M | |
Short Term Investments | -- | -- | -- | -- | -- | |
Accounts Receivable, Net | $304M | $295M | $246M | $234M | $241M | |
Inventory | -- | -- | -- | -- | -- | |
Prepaid Expenses | $48M | $45M | $51M | $59M | $27M | |
Other Current Assets | $53M | $67M | $98M | $91M | $39M | |
Total Current Assets | $499M | $900M | $720M | $545M | $373M | |
Property Plant And Equipment | $307M | $278M | $106M | $99M | $88M | |
Long-Term Investments | -- | -- | -- | -- | -- | |
Goodwill | $1.5B | $1.5B | $1.5B | $1.5B | $1.5B | |
Other Intangibles | $1.9B | $1.7B | $1.7B | $1.6B | $1.6B | |
Other Long-Term Assets | $242M | $226M | $243M | $348M | $468M | |
Total Assets | $4.5B | $4.6B | $4.3B | $4.1B | $4B | |
Accounts Payable | $30M | $28M | $31M | $39M | $32M | |
Accrued Expenses | $211M | $176M | $201M | $204M | $193M | |
Current Portion Of Long-Term Debt | $21M | $21M | $21M | $20M | $37M | |
Current Portion Of Capital Lease Obligations | $5M | $4M | $4M | $4M | $4M | |
Other Current Liabilities | $36M | $14M | $32M | $15M | $18M | |
Total Current Liabilities | $462M | $346M | $397M | $406M | $459M | |
Long-Term Debt | $2.1B | $2.6B | $2.1B | $2.1B | $2.2B | |
Capital Leases | -- | -- | -- | -- | -- | |
Total Liabilities | $3.3B | $3.7B | $3.2B | $3.2B | $3.3B | |
Common Stock | $1M | $1M | $1M | $1M | $1M | |
Other Common Equity Adj | -$27M | -$52M | -$17M | $38M | $19M | |
Common Equity | $1.2B | $963M | $1.1B | $962M | $746M | |
Total Preferred Equity | -- | -- | -- | -- | -- | |
Minority Interest, Total | -- | -- | -- | -- | -- | |
Total Equity | $1.2B | $963M | $1.1B | $962M | $746M | |
Total Liabilities and Equity | $4.5B | $4.6B | $4.3B | $4.1B | $4B | |
Cash and Short Terms | $94M | $493M | $171M | $161M | $66M | |
Total Debt | $2.1B | $2.6B | $2.1B | $2.1B | $2.2B |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Cash and Equivalents | $735M | $193M | $286M | $79M | $72M | |
Short Term Investments | -- | -- | -- | -- | -- | |
Accounts Receivable, Net | $324M | $290M | $253M | $272M | $286M | |
Inventory | -- | -- | -- | -- | -- | |
Prepaid Expenses | $42M | $45M | $47M | $53M | $40M | |
Other Current Assets | $39M | $65M | $54M | $62M | $47M | |
Total Current Assets | $1.1B | $593M | $640M | $466M | $445M | |
Property Plant And Equipment | $284M | $259M | $102M | $91M | $78M | |
Long-Term Investments | -- | -- | -- | -- | -- | |
Goodwill | $1.5B | $1.5B | $1.5B | $1.5B | $1.5B | |
Other Intangibles | $1.7B | $1.7B | $1.6B | $1.6B | $1.6B | |
Other Long-Term Assets | $220M | $247M | $333M | $434M | $547M | |
Total Assets | $4.9B | $4.3B | $4.2B | $4.1B | $4.2B | |
Accounts Payable | $41M | $32M | $33M | $46M | $62M | |
Accrued Expenses | $241M | $239M | $270M | $268M | $252M | |
Current Portion Of Long-Term Debt | $21M | -- | -- | -- | -- | |
Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
Other Current Liabilities | -- | -- | -- | -- | -- | |
Total Current Liabilities | $381M | $371M | $400M | $434M | $459M | |
Long-Term Debt | $2.8B | $2.1B | $2.1B | $2.1B | $2.4B | |
Capital Leases | -- | -- | -- | -- | -- | |
Total Liabilities | $3.9B | $3.2B | $3.2B | $3.2B | $3.6B | |
Common Stock | $1M | $1M | $1M | $1M | $1M | |
Other Common Equity Adj | -$62M | -$30M | $35M | $34M | -- | |
Common Equity | -- | -- | -- | -- | -- | |
Total Preferred Equity | -- | -- | -- | -- | -- | |
Minority Interest, Total | -- | -- | -- | -- | -- | |
Total Equity | $963M | $1.1B | $1.1B | $856M | $583M | |
Total Liabilities and Equity | $4.9B | $4.3B | $4.2B | $4.1B | $4.2B | |
Cash and Short Terms | $735M | $193M | $286M | $79M | $72M | |
Total Debt | $2.8B | $2.1B | $2.1B | $2.2B | $2.5B |
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $157M | -$132M | $244M | $355M | $289M | |
Depreciation & Amoritzation | $109M | $98M | $95M | $77M | $76M | |
Stock-Based Compensation | $20M | $21M | $28M | $33M | $39M | |
Change in Accounts Receivable | -$27M | -$38M | $25M | $16M | -$10M | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $100M | $67M | $426M | $399M | $376M | |
Capital Expenditures | $50M | $33M | $37M | $39M | $37M | |
Cash Acquisitions | -- | -- | -- | -$44M | -- | |
Cash From Investing | -$53M | -$31M | -$34M | $179M | -$66M | |
Dividends Paid (Ex Special Dividend) | -$112M | -$53M | -$82M | -$116M | -$118M | |
Special Dividend Paid | ||||||
Long-Term Debt Issued | -- | $1.2B | $45M | $400M | $1.4B | |
Long-Term Debt Repaid | -$21M | -$765M | -$579M | -$409M | -$1.3B | |
Repurchase of Common Stock | -$242M | -$50M | -$107M | -$448M | -$393M | |
Other Financing Activities | $60M | -$9M | -- | -$4M | -$10M | |
Cash From Financing | -$320M | $363M | -$713M | -$584M | -$402M | |
Beginning Cash (CF) | $366M | $94M | $493M | $171M | $161M | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | -$273M | $399M | -$321M | -$6M | -$92M | |
Ending Cash (CF) | $94M | $493M | $171M | $161M | $66M | |
Levered Free Cash Flow | $50M | $34M | $389M | $360M | $339M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $27M | $102M | $101M | $103M | $102M | |
Depreciation & Amoritzation | $24M | $23M | $18M | $19M | $17M | |
Stock-Based Compensation | $5M | $7M | $8M | $10M | $11M | |
Change in Accounts Receivable | -$20M | $6M | $4M | -$16M | -$10M | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $97M | $147M | $107M | $77M | $79M | |
Capital Expenditures | $5M | $6M | $10M | $10M | $8M | |
Cash Acquisitions | -- | -- | -$44M | -- | -- | |
Cash From Investing | -$5M | -$3M | -$54M | -$31M | -$9M | |
Dividends Paid (Ex Special Dividend) | -$7M | -$23M | -$29M | -$29M | -$29M | |
Special Dividend Paid | -- | -- | -- | -- | -- | |
Long-Term Debt Issued | $500M | -- | -- | $170M | $99M | |
Long-Term Debt Repaid | -$504M | -$4M | -- | -$68M | -$39M | |
Repurchase of Common Stock | -- | -$26M | -$134M | -$97M | -$97M | |
Other Financing Activities | -$10M | -- | -$1M | -$4M | -$1M | |
Cash From Financing | -$21M | -$54M | -$164M | -$29M | -$68M | |
Beginning Cash (CF) | $664M | $103M | $400M | $63M | $79M | |
Foreign Exchange Rate Adjustment | -- | -- | -$3M | -$1M | $1M | |
Additions / Reductions | $71M | $90M | -$111M | $17M | $2M | |
Ending Cash (CF) | $735M | $193M | $286M | $79M | $82M | |
Levered Free Cash Flow | $92M | $141M | $97M | $67M | $71M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | -$61M | $188M | $348M | $296M | $253M | |
Depreciation & Amoritzation | $101M | $95M | $83M | $75M | $74M | |
Stock-Based Compensation | $20M | $26M | $33M | $36M | $44M | |
Change in Accounts Receivable | -$45M | $16M | $34M | -$23M | -$17M | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $148M | $337M | $448M | $303M | $279M | |
Capital Expenditures | $38M | $33M | $42M | $39M | $33M | |
Cash Acquisitions | -- | -- | -$44M | -- | -- | |
Cash From Investing | -$40M | -$28M | $177M | -$61M | -$56M | |
Dividends Paid (Ex Special Dividend) | -$73M | -$61M | -$117M | -$118M | -$120M | |
Special Dividend Paid | ||||||
Long-Term Debt Issued | $1.2B | -- | -- | $1.3B | $1.9B | |
Long-Term Debt Repaid | -$527M | -$813M | -$413M | -$1.2B | -$1.5B | |
Repurchase of Common Stock | -$124M | -$26M | -$394M | -$396M | -$415M | |
Other Financing Activities | -$23M | $10M | -- | -$14M | -$3M | |
Cash From Financing | $493M | -$852M | -$527M | -$447M | -$219M | |
Beginning Cash (CF) | -- | -- | -- | -- | -- | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $601M | -$543M | $98M | -$205M | $4M | |
Ending Cash (CF) | -- | -- | -- | -- | -- | |
Levered Free Cash Flow | $110M | $304M | $406M | $264M | $246M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | -$125M | $195M | $299M | $240M | $204M | |
Depreciation & Amoritzation | $73M | $70M | $58M | $56M | $54M | |
Stock-Based Compensation | $15M | $20M | $25M | $28M | $33M | |
Change in Accounts Receivable | -$64M | -$10M | -$1M | -$40M | -$47M | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $57M | $327M | $349M | $253M | $156M | |
Capital Expenditures | $23M | $23M | $28M | $28M | $24M | |
Cash Acquisitions | -- | -- | -$44M | -- | -- | |
Cash From Investing | -$24M | -$21M | $190M | -$50M | -$40M | |
Dividends Paid (Ex Special Dividend) | -$45M | -$53M | -$88M | -$90M | -$92M | |
Special Dividend Paid | -- | -- | -- | -- | -- | |
Long-Term Debt Issued | $1.2B | $45M | $400M | $1.3B | $1.8B | |
Long-Term Debt Repaid | -$522M | -$570M | -$404M | -$1.2B | -$1.5B | |
Repurchase of Common Stock | -$50M | -$26M | -$313M | -$261M | -$283M | |
Other Financing Activities | -$14M | $5M | -$4M | -$14M | -$7M | |
Cash From Financing | $609M | -$606M | -$420M | -$283M | -$100M | |
Beginning Cash (CF) | $1.5B | $1.1B | $987M | $374M | $195M | |
Foreign Exchange Rate Adjustment | -$1M | -- | -$4M | -$2M | -- | |
Additions / Reductions | $642M | -$300M | $119M | -$80M | $16M | |
Ending Cash (CF) | $2.1B | $827M | $1.1B | $292M | $211M | |
Levered Free Cash Flow | $34M | $304M | $321M | $225M | $132M |
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