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 | $283.1M | $284.8M | $309.4M | $328M | $371.3M | |
Revenue Growth (YoY) | 3.73% | 0.61% | 8.62% | 6.03% | 13.2% | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $102M | $109.3M | $113.9M | $121.6M | $151.5M | |
Other Inc / (Exp) | $8.8M | $6.2M | $4.6M | $4.5M | $5.3M | |
Operating Expenses | $102.6M | $110.6M | $114.8M | $119.9M | $151.9M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | $116M | $62.1M | $154.6M | $139.9M | $93.9M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $28.3M | $14.4M | $39.2M | $30.2M | $18.9M | |
Net Income to Company | $87.7M | $47.6M | $115.4M | $109.7M | $75M | |
Minority Interest in Earnings | -$43K | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $87.7M | $47.6M | $115.4M | $109.7M | $75M | |
Basic EPS (Cont. Ops) | $1.10 | $0.60 | $1.48 | $1.42 | $0.85 | |
Diluted EPS (Cont. Ops) | $1.10 | $0.60 | $1.48 | $1.42 | $0.85 | |
Weighted Average Basic Share | $79.7M | $79M | $78M | $77.1M | $88.2M | |
Weighted Average Diluted Share | $79.9M | $79.1M | $78.2M | $77.4M | $88.5M | |
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $210.4M | $128.7M | $183.7M | $185.4M | $331.5M | |
Revenue (Reported) | $283.1M | $284.8M | $309.4M | $328M | $371.3M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $210.4M | $128.7M | $183.7M | $185.4M | $331.5M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $70.8M | $76.3M | $84.9M | $89.5M | $89.5M | |
Revenue Growth (YoY) | -0.51% | 7.74% | 11.26% | 5.45% | 0.04% | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $28.5M | $28.9M | $30.4M | $36.8M | $38.1M | |
Other Inc / (Exp) | $581K | $218K | $1.3M | $292K | $172K | |
Operating Expenses | $28.8M | $29.2M | $29.4M | $38.8M | $39.8M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | $25.3M | $38.5M | $37.1M | $28.9M | $26.7M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $6.6M | $9.6M | $6.9M | $6.2M | $6.6M | |
Net Income to Company | $18.7M | $28.8M | $30.1M | $22.7M | $20.1M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $18.7M | $28.8M | $30.1M | $22.7M | $20.1M | |
Basic EPS (Cont. Ops) | $0.24 | $0.37 | $0.39 | $0.26 | $0.23 | |
Diluted EPS (Cont. Ops) | $0.24 | $0.37 | $0.39 | $0.26 | $0.23 | |
Weighted Average Basic Share | $78.9M | $78M | $76.8M | $88.8M | $89M | |
Weighted Average Diluted Share | $79.1M | $78.2M | $77M | $89M | $89.3M | |
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $40.1M | $45.5M | $47.7M | $91.9M | $103.3M | |
Revenue (Reported) | $70.8M | $76.3M | $84.9M | $89.5M | $89.5M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $40.1M | $45.5M | $47.7M | $91.9M | $103.3M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $284.1M | $299.6M | $321.1M | $368.7M | $355.5M | |
Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $106.5M | $111.5M | $120.2M | $145M | $154.5M | |
Other Inc / (Exp) | $8.7M | $838K | $7.5M | $5.3M | $1.7M | |
Operating Expenses | $107.9M | $112.5M | $119.1M | $143M | $160.7M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | $56.8M | $150.6M | $142.3M | $101.5M | $96.4M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $13.7M | $37M | $33.7M | $19.7M | $22.4M | |
Net Income to Company | $43.2M | $113.6M | $108.6M | $81.8M | $74.1M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $43.2M | $113.6M | $108.6M | $81.8M | $74.1M | |
Basic EPS (Cont. Ops) | $0.55 | $1.45 | $1.41 | $0.99 | $0.83 | |
Diluted EPS (Cont. Ops) | $0.55 | $1.45 | $1.41 | $0.99 | $0.83 | |
Weighted Average Basic Share | ||||||
Weighted Average Diluted Share | ||||||
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $134.8M | $186.5M | $169.8M | $293.7M | $391M | |
Revenue (Reported) | $284.1M | $299.6M | $321.1M | $368.7M | $355.5M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $134.8M | $186.5M | $169.8M | $293.7M | $391M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $212.4M | $227.2M | $239M | $279.6M | $263.9M | |
Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $81.6M | $83.8M | $90.1M | $113.5M | $116.5M | |
Other Inc / (Exp) | $6.1M | $693K | $3.5M | $4.4M | $798K | |
Operating Expenses | $82.6M | $84.5M | $88.8M | $111.9M | $120.7M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | $27.6M | $116.1M | $103.8M | $65.4M | $67.9M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $6.6M | $29.2M | $23.8M | $13.2M | $16.7M | |
Net Income to Company | $21M | $86.9M | $80M | $52.1M | $51.2M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $21M | $86.9M | $80M | $52.1M | $51.2M | |
Basic EPS (Cont. Ops) | $0.27 | $1.11 | $1.04 | $0.60 | $0.57 | |
Diluted EPS (Cont. Ops) | $0.27 | $1.11 | $1.04 | $0.60 | $0.57 | |
Weighted Average Basic Share | $237.3M | $234.3M | $231.5M | $264M | $266.8M | |
Weighted Average Diluted Share | $237.7M | $235.1M | $232.4M | $264.7M | $267.7M | |
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $82M | $139.8M | $125.9M | $234.2M | $293.6M | |
Revenue (Reported) | $212.4M | $227.2M | $239M | $279.6M | $263.9M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $82M | $139.8M | $125.9M | $234.2M | $293.6M |
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Cash and Equivalents | $77.8M | $434.9M | $327.7M | $383M | $133M | |
Short Term Investments | $502.6M | $746.3M | $720.9M | $656.7M | $916.2M | |
Accounts Receivable, Net | -- | -- | -- | -- | -- | |
Inventory | -- | -- | -- | -- | -- | |
Prepaid Expenses | -- | -- | -- | -- | -- | |
Other Current Assets | -- | -- | -- | -- | -- | |
Total Current Assets | $580.4M | $1.2B | $1B | $1B | $1B | |
Property Plant And Equipment | $99.2M | $95.7M | $90.9M | $90.9M | $120.7M | |
Long-Term Investments | $589.4M | $746.3M | $720.9M | $656.7M | $916.2M | |
Goodwill | $160.4M | $160.4M | $160.4M | $160.4M | $241.2M | |
Other Intangibles | $4.4M | $3.2M | $2.3M | $1.8M | $24.2M | |
Other Long-Term Assets | -- | -- | -- | -- | -- | |
Total Assets | $7.9B | $8.9B | $8.6B | $9.2B | $11.4B | |
Accounts Payable | -- | -- | -- | -- | -- | |
Accrued Expenses | -- | -- | -- | -- | -- | |
Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
Other Current Liabilities | -- | -- | -- | -- | -- | |
Total Current Liabilities | -- | -- | -- | -- | -- | |
Long-Term Debt | $902.7M | $820.2M | $357.3M | $1.4B | $1.4B | |
Capital Leases | -- | -- | -- | -- | -- | |
Total Liabilities | $6.9B | $8B | $7.6B | $8.2B | $10.2B | |
Common Stock | $852K | $852K | $852K | $852K | $970K | |
Other Common Equity Adj | $2.3M | $16.5M | -$110K | -$61.9M | -$52.8M | |
Common Equity | $945.6M | $941.8M | $995.3M | $992.1M | $1.2B | |
Total Preferred Equity | -- | -- | -- | -- | -- | |
Minority Interest, Total | -- | -- | -- | -- | -- | |
Total Equity | $945.6M | $941.8M | $995.3M | $992.1M | $1.2B | |
Total Liabilities and Equity | $7.9B | $8.9B | $8.6B | $9.2B | $11.4B | |
Cash and Short Terms | $580.4M | $1.2B | $1B | $1B | $1B | |
Total Debt | $902.7M | $820.2M | $357.3M | $1.4B | $1.4B |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Cash and Equivalents | $317.3M | $28.9M | $65.6M | $161M | $407.9M | |
Short Term Investments | $784.4M | $942.3M | $722.6M | $880.4M | $855.2M | |
Accounts Receivable, Net | -- | -- | -- | -- | -- | |
Inventory | -- | -- | -- | -- | -- | |
Prepaid Expenses | -- | -- | -- | -- | -- | |
Other Current Assets | -- | -- | -- | -- | -- | |
Total Current Assets | $1.1B | $971.2M | $788.2M | $1B | $1.3B | |
Property Plant And Equipment | $95.9M | $92.7M | $88.5M | $122.1M | $128.9M | |
Long-Term Investments | $784.4M | $942.3M | $722.6M | $879.9M | $855.2M | |
Goodwill | $160.4M | $160.4M | $160.4M | $241.2M | $241.2M | |
Other Intangibles | $3.5M | $2.5M | $1.9M | $26.2M | $19.2M | |
Other Long-Term Assets | -- | -- | -- | -- | -- | |
Total Assets | $9B | $8.3B | $8.7B | $11.2B | $11.7B | |
Accounts Payable | -- | -- | -- | -- | -- | |
Accrued Expenses | -- | -- | -- | -- | -- | |
Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
Other Current Liabilities | -- | -- | -- | -- | -- | |
Total Current Liabilities | -- | -- | -- | -- | -- | |
Long-Term Debt | $1B | $267.5M | $758.8M | $1.1B | $1.5B | |
Capital Leases | -- | -- | -- | -- | -- | |
Total Liabilities | $8.1B | $7.3B | $7.7B | $10B | $10.4B | |
Common Stock | $852K | $852K | $852K | $970K | $970K | |
Other Common Equity Adj | $18.8M | $2.6M | -$70.2M | -$81.5M | -$38.1M | |
Common Equity | -- | -- | -- | -- | -- | |
Total Preferred Equity | -- | -- | -- | -- | -- | |
Minority Interest, Total | -- | -- | -- | -- | -- | |
Total Equity | $935.6M | $978.5M | $963.6M | $1.2B | $1.2B | |
Total Liabilities and Equity | $9B | $8.3B | $8.7B | $11.2B | $11.7B | |
Cash and Short Terms | $1.1B | $971.2M | $788.2M | $1B | $1.3B | |
Total Debt | $1B | $267.5M | $758.8M | $1.1B | $1.5B |
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $87.7M | $47.6M | $115.4M | $109.7M | $75M | |
Depreciation & Amoritzation | $8.5M | $6.8M | $6.7M | $6.5M | $16M | |
Stock-Based Compensation | $3.1M | $2.7M | $2.8M | $3.4M | $3.7M | |
Change in Accounts Receivable | -- | -- | -- | -- | -- | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $102.7M | $112.5M | $133.2M | $120.8M | $116.6M | |
Capital Expenditures | $5M | $2.9M | $4.8M | $7.4M | $12.4M | |
Cash Acquisitions | -- | -- | -- | -- | -$80.2M | |
Cash From Investing | -$399M | -$695.5M | $131.1M | -$557.7M | -$665.3M | |
Dividends Paid (Ex Special Dividend) | -$35.1M | -$36.4M | -$37.5M | -$40.1M | -$47.9M | |
Special Dividend Paid | ||||||
Long-Term Debt Issued | $4B | $3B | $415.5M | $8.6B | $6.2B | |
Long-Term Debt Repaid | -$4.1B | -$3.1B | -$878.6M | -$7.5B | -$6.3B | |
Repurchase of Common Stock | -$1.9M | -$20M | -$10M | -$13.8M | -- | |
Other Financing Activities | -$37M | -$1.7M | -$241K | -$1.4M | -$1.4M | |
Cash From Financing | $284.5M | $940.2M | -$371.5M | $492.2M | $298.7M | |
Beginning Cash (CF) | $89.6M | $77.8M | $434.9M | $327.7M | $383M | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | -$11.8M | $357.1M | -$107.2M | $55.2M | -$249.9M | |
Ending Cash (CF) | $77.8M | $434.9M | $327.7M | $383M | $133M | |
Levered Free Cash Flow | $97.7M | $109.6M | $128.4M | $113.4M | $104.2M |
Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $26.7M | $28.5M | $29.7M | $22.9M | -- | |
Depreciation & Amoritzation | $1.5M | $1.7M | $1.7M | $4.1M | -- | |
Stock-Based Compensation | $528K | $775K | $906K | $1.2M | -- | |
Change in Accounts Receivable | -- | -- | -- | -- | -- | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $41.7M | $51.9M | $42.4M | $39.1M | -- | |
Capital Expenditures | $385K | $1.1M | $3.1M | $1.7M | -- | |
Cash Acquisitions | -- | -- | -- | -- | -- | |
Cash From Investing | $161.7M | -$220.1M | -$221.8M | -$283.1M | -- | |
Dividends Paid (Ex Special Dividend) | -$9.1M | -$9.7M | -$10.4M | -$12M | -- | |
Special Dividend Paid | -- | -- | -- | -- | -- | |
Long-Term Debt Issued | $77.6M | $227.2M | $5.7B | $1.5B | -- | |
Long-Term Debt Repaid | -$262.5M | -$137.5M | -$5B | -$1.2B | -- | |
Repurchase of Common Stock | -$9.6M | -- | -- | -- | -- | |
Other Financing Activities | -$528K | -$159K | -$178K | $4.7M | -- | |
Cash From Financing | -$85.8M | $256.8M | $449.8M | $216M | -- | |
Beginning Cash (CF) | $317.3M | $239.1M | $112.5M | $161M | -- | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $117.6M | $88.6M | $270.4M | -$28M | -- | |
Ending Cash (CF) | $434.9M | $327.7M | $383M | $133M | -- | |
Levered Free Cash Flow | $41.3M | $50.8M | $39.3M | $37.5M | -- |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $43.2M | $113.6M | $108.6M | $81.8M | $74.1M | |
Depreciation & Amoritzation | $7.3M | $6.5M | $6.5M | $13.6M | $15.2M | |
Stock-Based Compensation | $2.8M | $2.5M | $3.3M | $3.5M | $3.7M | |
Change in Accounts Receivable | -- | -- | -- | -- | -- | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $77.9M | $123M | $130.3M | $119.9M | $100.6M | |
Capital Expenditures | $3.3M | $4.1M | $5.4M | $13.8M | $4.8M | |
Cash Acquisitions | -- | -- | -- | -$80.2M | -- | |
Cash From Investing | -$973.1M | $512.9M | -$556M | -$604M | -$334.2M | |
Dividends Paid (Ex Special Dividend) | -$36.5M | -$36.8M | -$39.4M | -$46.3M | -$48M | |
Special Dividend Paid | ||||||
Long-Term Debt Issued | $3.3B | $266M | $3.1B | $10.4B | $2.8B | |
Long-Term Debt Repaid | -$3.3B | -$1B | -$2.6B | -$10.1B | -$2.4B | |
Repurchase of Common Stock | -$10.4M | -- | -- | -- | -- | |
Other Financing Activities | -$1.1M | -$610K | -$1.4M | -$6.2M | $1.2M | |
Cash From Financing | $1B | -$714.1M | $299.1M | $532.6M | $480.5M | |
Beginning Cash (CF) | -- | -- | -- | -- | -- | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $138.8M | -$78.2M | -$126.6M | $48.5M | $246.9M | |
Ending Cash (CF) | -- | -- | -- | -- | -- | |
Levered Free Cash Flow | $74.6M | $118.9M | $124.9M | $106.1M | $95.8M |
Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $47.6M | $115.4M | $109.7M | $75M | $51.2M | |
Depreciation & Amoritzation | $6.8M | $6.7M | $6.5M | $16M | $11.1M | |
Stock-Based Compensation | $2.7M | $2.8M | $3.4M | $3.7M | $2.5M | |
Change in Accounts Receivable | -- | -- | -- | -- | -- | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $112.5M | $133.2M | $120.8M | $116.6M | $61.5M | |
Capital Expenditures | $2.9M | $4.8M | $7.4M | $12.4M | $3.2M | |
Cash Acquisitions | -- | -- | -- | -$80.2M | -- | |
Cash From Investing | -$695.5M | $131.1M | -$557.7M | -$665.3M | -$51.1M | |
Dividends Paid (Ex Special Dividend) | -$36.4M | -$37.5M | -$40.1M | -$47.9M | -$36M | |
Special Dividend Paid | -- | -- | -- | -- | -- | |
Long-Term Debt Issued | $3B | $415.5M | $8.6B | $6.2B | $1.3B | |
Long-Term Debt Repaid | -$3.1B | -$878.6M | -$7.5B | -$6.3B | -$1.2B | |
Repurchase of Common Stock | -$20M | -$10M | -$13.8M | -- | -- | |
Other Financing Activities | -$1.7M | -$241K | -$1.4M | -$1.4M | -$3.5M | |
Cash From Financing | $940.2M | -$371.5M | $492.2M | $298.7M | $264.5M | |
Beginning Cash (CF) | $990.8M | $1.1B | $823.8M | $1.3B | $778M | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $357.1M | -$107.2M | $55.2M | -$249.9M | $274.9M | |
Ending Cash (CF) | $1.3B | $1B | $879.1M | $1B | $1.1B | |
Levered Free Cash Flow | $109.6M | $128.4M | $113.4M | $104.2M | $58.3M |
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