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 | $1.3B | $1.3B | $1.3B | $1.3B | $2B | |
Revenue Growth (YoY) | 3.48% | 2.7% | -1.43% | -0.5% | 57.31% | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $513.6M | $500.1M | $497.4M | $461.7M | $698.9M | |
Other Inc / (Exp) | $76.3M | $959K | -$1.5M | -$7.1M | $2.3M | |
Operating Expenses | $519.2M | -$1.3B | $486.8M | $448.5M | $638.5M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | $468.9M | -$1.5B | $558.2M | $450.6M | $471.2M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $114.8M | $67M | $137.9M | $113.8M | $122.5M | |
Net Income to Company | $354.1M | -$1.5B | $420.3M | $336.8M | $348.7M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $354.1M | -$1.5B | $420.3M | $336.8M | $348.7M | |
Basic EPS (Cont. Ops) | $1.61 | -$6.92 | $3.22 | $2.60 | $1.79 | |
Diluted EPS (Cont. Ops) | $1.60 | -$6.92 | $3.21 | $2.60 | $1.78 | |
Weighted Average Basic Share | $220.3M | $220.2M | $130.5M | $129.3M | $195.3M | |
Weighted Average Diluted Share | $220.7M | $220.2M | $131M | $129.7M | $195.9M | |
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $679.3M | -$1.3B | $600.6M | $528.6M | $1.2B | |
Revenue (Reported) | $1.3B | $1.3B | $1.3B | $1.3B | $2B | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $679.3M | -$1.3B | $600.6M | $528.6M | $1.2B |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $348.5M | $308.8M | $317M | $524.9M | $496.4M | |
Revenue Growth (YoY) | 9.77% | -11.4% | 2.68% | 65.54% | -5.43% | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $141.3M | $136.3M | $113.7M | $173.1M | $159.7M | |
Other Inc / (Exp) | -$112K | -$343K | -$2.6M | -$2.1M | $2.3M | |
Operating Expenses | $142.6M | $137.4M | $113.9M | $184.1M | $186.4M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | $158.6M | $143.9M | $111.5M | $184M | $196.3M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $33.8M | $35.9M | $27.5M | $48.1M | $50.1M | |
Net Income to Company | $124.9M | $108.1M | $84M | $135.8M | $146.2M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $124.9M | $108.1M | $84M | $135.8M | $146.2M | |
Basic EPS (Cont. Ops) | $0.57 | $0.49 | $0.65 | $0.65 | $0.70 | |
Diluted EPS (Cont. Ops) | $0.57 | $0.49 | $0.65 | $0.65 | $0.70 | |
Weighted Average Basic Share | $220.2M | $218.4M | $129.3M | $208.1M | $208.5M | |
Weighted Average Diluted Share | $220.4M | $219M | $129.7M | $208.6M | $209.5M | |
EBITDA | -- | -- | -- | -- | -- | |
EBIT | $184.4M | $152.3M | $127.4M | $399.1M | $464.9M | |
Revenue (Reported) | $348.5M | $308.8M | $317M | $524.9M | $496.4M | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | $184.4M | $152.3M | $127.4M | $399.1M | $464.9M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $1.2B | $1.3B | $1.2B | $1.8B | $2B | |
Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $536.1M | $514M | $429.8M | $605.8M | $693.2M | |
Other Inc / (Exp) | $1.1M | -$1.2M | -$7.8M | -$48K | $3.7M | |
Operating Expenses | -$1.2B | $518.6M | $413.1M | $508.8M | $788.2M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | -$1.5B | $588.5M | $455.3M | $456.6M | $653.5M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $97.3M | $105.9M | $113.2M | $118.4M | $169.5M | |
Net Income to Company | -$1.6B | $482.7M | $342.1M | $338.1M | $483.9M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | -$1.6B | $482.7M | $342.1M | $338.1M | $483.9M | |
Basic EPS (Cont. Ops) | -$7.22 | $2.19 | $2.38 | $1.58 | $2.33 | |
Diluted EPS (Cont. Ops) | -$7.22 | $2.19 | $2.37 | $1.58 | $2.31 | |
Weighted Average Basic Share | ||||||
Weighted Average Diluted Share | ||||||
EBITDA | -- | -- | -- | -- | -- | |
EBIT | -$1.3B | $644M | $494M | $1B | $1.7B | |
Revenue (Reported) | $1.2B | $1.3B | $1.2B | $1.8B | $2B | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | -$1.3B | $644M | $494M | $1B | $1.7B |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $935.7M | $959.8M | $929.2M | $1.5B | $1.4B | |
Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
Cost of Revenues | -- | -- | -- | -- | -- | |
Gross Profit | -- | -- | -- | -- | -- | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $405.8M | $419.7M | $352M | $493.3M | $487.6M | |
Other Inc / (Exp) | $1.1M | -$1M | -$7.4M | -$332K | $1M | |
Operating Expenses | -$1.4B | $423.1M | $349.4M | $406.9M | $556.5M | |
Operating Income | -- | -- | -- | -- | -- | |
Net Interest Expenses | -- | -- | -- | -- | -- | |
EBT. Incl. Unusual Items | -$1.6B | $441M | $338.2M | $344.1M | $526.4M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $70.2M | $109.1M | $84.4M | $88.9M | $136M | |
Net Income to Company | -$1.7B | $331.9M | $253.8M | $255.2M | $390.4M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | -$1.7B | $331.9M | $253.8M | $255.2M | $390.4M | |
Basic EPS (Cont. Ops) | -$7.60 | $1.51 | $1.97 | $1.20 | $1.88 | |
Diluted EPS (Cont. Ops) | -$7.60 | $1.51 | $1.96 | $1.20 | $1.86 | |
Weighted Average Basic Share | $660.6M | $659.4M | $387.8M | $572.4M | $625.3M | |
Weighted Average Diluted Share | $661M | $660.9M | $389.1M | $573.6M | $627.4M | |
EBITDA | -- | -- | -- | -- | -- | |
EBIT | -$1.5B | $475.9M | $369.4M | $852.3M | $1.3B | |
Revenue (Reported) | $935.7M | $959.8M | $929.2M | $1.5B | $1.4B | |
Operating Income (Reported) | -- | -- | -- | -- | -- | |
Operating Income (Adjusted) | -$1.5B | $475.9M | $369.4M | $852.3M | $1.3B |
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Cash and Equivalents | $1.4B | $2.6B | $2.8B | $1.3B | $2.2B | |
Short Term Investments | $2.8B | $2.9B | $3.9B | $3.2B | $8.8B | |
Accounts Receivable, Net | $70.2M | $83.8M | $70.5M | -- | -- | |
Inventory | -- | -- | -- | -- | -- | |
Prepaid Expenses | $31.5M | $30.9M | $34.4M | -- | -- | |
Other Current Assets | -- | -- | -- | -- | -- | |
Total Current Assets | $5.9B | $7.5B | $8.4B | $6.2B | $12.7B | |
Property Plant And Equipment | $312.2M | $283M | $253.5M | $254.6M | $454.8M | |
Long-Term Investments | $2.9B | $3B | $4B | $3.3B | $8.9B | |
Goodwill | $1.8B | $2.7M | -- | -- | $1B | |
Other Intangibles | $133.4M | $106.3M | $132.5M | $189.8M | $712.9M | |
Other Long-Term Assets | -- | -- | -- | -- | -- | |
Total Assets | $28.8B | $29.2B | $30.6B | $31.8B | $52.2B | |
Accounts Payable | -- | -- | -- | -- | -- | |
Accrued Expenses | -- | -- | -- | -- | -- | |
Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
Other Current Liabilities | -- | -- | -- | -- | -- | |
Total Current Liabilities | $311.3M | $375.4M | $492.2M | $308.8M | $252.1M | |
Long-Term Debt | $1.3B | $1.1B | $387.5M | $1.3B | $4.4B | |
Capital Leases | -- | -- | -- | -- | -- | |
Total Liabilities | $24.5B | $26.5B | $27.9B | $29.4B | $47.2B | |
Common Stock | $3.5B | $3.5B | $3.4B | $3.5B | $5.8B | |
Other Common Equity Adj | -- | -- | -- | -- | -- | |
Common Equity | $4.3B | $2.7B | $2.7B | $2.5B | $5B | |
Total Preferred Equity | -- | -- | -- | -- | -- | |
Minority Interest, Total | -- | -- | -- | -- | -- | |
Total Equity | $4.3B | $2.7B | $2.7B | $2.5B | $5B | |
Total Liabilities and Equity | $28.8B | $29.2B | $30.6B | $31.8B | $52.2B | |
Cash and Short Terms | $4.2B | $5.5B | $6.6B | $4.5B | $11B | |
Total Debt | $1.3B | $1.1B | $387.5M | $1.3B | $4.4B |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Cash and Equivalents | $2.2B | $3.7B | $1.6B | $2.4B | $2.1B | |
Short Term Investments | $2.9B | $3.7B | $3.1B | $8.5B | $8.7B | |
Accounts Receivable, Net | -- | -- | -- | -- | -- | |
Inventory | -- | -- | -- | -- | -- | |
Prepaid Expenses | -- | -- | -- | -- | -- | |
Other Current Assets | -- | -- | -- | -- | -- | |
Total Current Assets | $6.6B | $8.9B | $6.4B | $12.6B | $12.4B | |
Property Plant And Equipment | $292.4M | $261M | $247M | $452.1M | $444.3M | |
Long-Term Investments | $3B | $3.8B | $3.2B | $8.6B | $8.8B | |
Goodwill | $2.7M | -- | -- | $1B | $1B | |
Other Intangibles | $107.9M | $115.8M | $201.9M | $754.5M | $615.2M | |
Other Long-Term Assets | -- | -- | -- | -- | -- | |
Total Assets | $29.4B | $30.9B | $31.5B | $52B | $51.9B | |
Accounts Payable | -- | -- | -- | -- | -- | |
Accrued Expenses | -- | -- | -- | -- | -- | |
Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
Other Current Liabilities | -- | -- | -- | -- | -- | |
Total Current Liabilities | $388M | $467.8M | $383.6M | $258.4M | $183.8M | |
Long-Term Debt | $1.3B | $394M | $1.2B | $4.4B | $4.1B | |
Capital Leases | -- | -- | -- | -- | -- | |
Total Liabilities | $26.8B | $28.2B | $29.1B | $47.4B | $46.6B | |
Common Stock | $3.5B | $3.4B | $3.4B | $5.8B | $5.8B | |
Other Common Equity Adj | -- | -- | -- | -- | -- | |
Common Equity | -- | -- | -- | -- | -- | |
Total Preferred Equity | -- | -- | -- | -- | -- | |
Minority Interest, Total | -- | -- | -- | -- | -- | |
Total Equity | $2.6B | $2.7B | $2.4B | $4.6B | $5.3B | |
Total Liabilities and Equity | $29.4B | $30.9B | $31.5B | $52B | $51.9B | |
Cash and Short Terms | $5.1B | $7.5B | $4.7B | $10.9B | $10.8B | |
Total Debt | $1.3B | $394M | $1.2B | $4.4B | $4.1B |
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $354.1M | -$1.5B | $420.3M | $336.8M | $348.7M | |
Depreciation & Amoritzation | $43.3M | $37.5M | $31.5M | $28.3M | $144.3M | |
Stock-Based Compensation | $8.4M | $9.3M | $10.9M | $9.8M | $18.1M | |
Change in Accounts Receivable | -- | -- | -- | -- | -- | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | -$80.5M | $93.8M | $662.7M | $1.1B | $669.8M | |
Capital Expenditures | $12.7M | $12M | $15.5M | $27.1M | -- | |
Cash Acquisitions | -$44.6M | -$171.4M | $10.8M | -- | $274.6M | |
Cash From Investing | -$550.2M | -$960.1M | -$1.5B | -$3.5B | $501.7M | |
Dividends Paid (Ex Special Dividend) | -$185.1M | -$185M | -$183.7M | -$182.3M | -$270.3M | |
Special Dividend Paid | ||||||
Long-Term Debt Issued | $940.7M | $600M | -- | $1.7B | $17.4B | |
Long-Term Debt Repaid | -$785.7M | -$735M | -$765M | -$750M | -$16.6B | |
Repurchase of Common Stock | -$7.3M | -$8.7M | -$80.7M | -$4.2M | -$6.3M | |
Other Financing Activities | -- | -- | -- | -- | -- | |
Cash From Financing | $1.4B | $2.1B | $1.1B | $1B | -$303.7M | |
Beginning Cash (CF) | $622.6M | $1.4B | $2.6B | $2.8B | $1.3B | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $740.1M | $1.2B | $188.4M | -$1.5B | $867.9M | |
Ending Cash (CF) | $1.4B | $2.6B | $2.8B | $1.3B | $2.2B | |
Levered Free Cash Flow | -$93.2M | $81.8M | $647.2M | $1B | $669.8M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $124.9M | $108.1M | $84M | $135.8M | $146.2M | |
Depreciation & Amoritzation | $8.5M | $7.7M | $6.9M | $39.3M | $36.5M | |
Stock-Based Compensation | $2M | $2.8M | $2.5M | $4.3M | $5.2M | |
Change in Accounts Receivable | -- | -- | -- | -- | -- | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | $63.2M | $255.1M | $324.2M | $350.1M | $67.2M | |
Capital Expenditures | $2.4M | $4.3M | $6.3M | -$3.5M | $7.7M | |
Cash Acquisitions | -$81.2M | -- | -- | -- | -- | |
Cash From Investing | $123.7M | -$109.7M | -$1B | $231.9M | $322.7M | |
Dividends Paid (Ex Special Dividend) | -$46.2M | -$45.7M | -$45.6M | -$74.9M | -$75.1M | |
Special Dividend Paid | -- | -- | -- | -- | -- | |
Long-Term Debt Issued | -- | -- | $750M | $2.3B | -- | |
Long-Term Debt Repaid | -$100M | -$105M | -- | -$4.5B | -$250M | |
Repurchase of Common Stock | -$17K | -$78.3M | -$41K | -$148K | -$20K | |
Other Financing Activities | -- | -- | -- | -- | -- | |
Cash From Financing | -$231.4M | $513.3M | $1.2B | -$1.6B | -$347.7M | |
Beginning Cash (CF) | $2.3B | $3.1B | $1B | $3.4B | $2.1B | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | -$44.5M | $658.8M | $551.3M | -$1B | $42.2M | |
Ending Cash (CF) | $2.2B | $3.7B | $1.6B | $2.4B | $2.1B | |
Levered Free Cash Flow | $60.9M | $250.8M | $317.9M | $353.6M | $59.6M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | -$1.6B | $482.7M | $342.1M | $338.1M | $483.9M | |
Depreciation & Amoritzation | $38.7M | $32.5M | $29.6M | $109.2M | $155.5M | |
Stock-Based Compensation | $9.3M | $10.6M | $10.1M | $15.8M | $19.9M | |
Change in Accounts Receivable | -- | -- | -- | -- | -- | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | -$84.3M | $717M | $1B | $737.8M | $495.4M | |
Capital Expenditures | $16M | $13.6M | $13.6M | $15.8M | $20M | |
Cash Acquisitions | -$81.2M | -$79.5M | -- | $274.6M | -- | |
Cash From Investing | -$1B | -$356M | -$3.6B | $4.1M | $36.8M | |
Dividends Paid (Ex Special Dividend) | -$185M | -$184.5M | -$182.2M | -$240.9M | -$300.1M | |
Special Dividend Paid | ||||||
Long-Term Debt Issued | $730M | -- | $750M | $13B | $9.2B | |
Long-Term Debt Repaid | -$840M | -$990M | -- | -$12.1B | -$9.5B | |
Repurchase of Common Stock | -$8.7M | -$80.7M | -$4.2M | -$6.1M | -$5.8M | |
Other Financing Activities | -- | -- | -- | -- | -- | |
Cash From Financing | $2.1B | $1.2B | $388.2M | $107.9M | -$824.9M | |
Beginning Cash (CF) | -- | -- | -- | -- | -- | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $1B | $1.5B | -$2.2B | $849.8M | -$292.7M | |
Ending Cash (CF) | -- | -- | -- | -- | -- | |
Levered Free Cash Flow | -$100.2M | $703.4M | $1B | $722M | $475.4M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | -$1.7B | $331.9M | $253.8M | $255.2M | $390.4M | |
Depreciation & Amoritzation | $28.5M | $23.5M | $21.6M | $102.4M | $113.6M | |
Stock-Based Compensation | $6.8M | $8.1M | $7.3M | $13.3M | $15.1M | |
Change in Accounts Receivable | -- | -- | -- | -- | -- | |
Change in Inventories | -- | -- | -- | -- | -- | |
Cash From Operations | -$81.7M | $541.5M | $904.7M | $577.5M | $403M | |
Capital Expenditures | $11.5M | $13.1M | $11.3M | -- | $20M | |
Cash Acquisitions | -$81.2M | $10.8M | -- | $274.6M | -- | |
Cash From Investing | -$1.4B | -$764.9M | -$2.8B | $701.8M | $236.9M | |
Dividends Paid (Ex Special Dividend) | -$138.7M | -$138.2M | -$136.7M | -$195.4M | -$225.1M | |
Special Dividend Paid | -- | -- | -- | -- | -- | |
Long-Term Debt Issued | $600M | -- | $750M | $12.1B | $3.9B | |
Long-Term Debt Repaid | -$510M | -$765M | -- | -$11.3B | -$4.2B | |
Repurchase of Common Stock | -$8.6M | -$80.7M | -$4.2M | -$6.1M | -$5.6M | |
Other Financing Activities | -- | -- | -- | -- | -- | |
Cash From Financing | $2.3B | $1.4B | $723M | -$170.2M | -$691.4M | |
Beginning Cash (CF) | $5.3B | $8.9B | $6.4B | $8.3B | $6.4B | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $857M | $1.2B | -$1.2B | $1.1B | -$51.5M | |
Ending Cash (CF) | $6.1B | $10.1B | $5.2B | $9.4B | $6.4B | |
Levered Free Cash Flow | -$93.2M | $528.4M | $893.4M | $577.5M | $383M |
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