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 | $1.8B | $894M | $2.3B | $3.8B | $4B | |
Revenue Growth (YoY) | -8.05% | -51.36% | 161.19% | 64.24% | 3.73% | |
Cost of Revenues | $1.3B | $742M | $1.5B | $2.6B | $2.7B | |
Gross Profit | $578M | $152M | $855M | $1.3B | $1.2B | |
Gross Profit Margin | 31.45% | 17% | 36.62% | 33.25% | 30.9% | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $118M | $92M | $151M | $212M | $194M | |
Other Inc / (Exp) | $1M | -$201M | -$124M | -$72M | -$57M | |
Operating Expenses | $263M | $188M | $357M | $580M | $545M | |
Operating Income | $315M | -$36M | $498M | $695M | $684M | |
Net Interest Expenses | $43M | $43M | $105M | $142M | $178M | |
EBT. Incl. Unusual Items | $273M | -$280M | $269M | $481M | $449M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | $57M | -$79M | $93M | $129M | $136M | |
Net Income to Company | $216M | -$201M | $176M | $352M | $313M | |
Minority Interest in Earnings | -- | -- | -- | -- | -- | |
Net Income to Common Excl Extra Items | $216M | -$201M | $176M | $352M | $313M | |
Basic EPS (Cont. Ops) | $2.43 | -$2.36 | $1.77 | $2.98 | $2.84 | |
Diluted EPS (Cont. Ops) | $2.42 | -$2.36 | $1.75 | $2.93 | $2.80 | |
Weighted Average Basic Share | $89M | $85M | $99.7M | $118M | $110.1M | |
Weighted Average Diluted Share | $89M | $85M | $101.1M | $119.6M | $111.6M | |
EBITDA | $360M | -$192M | $500M | $867M | $840M | |
EBIT | $316M | -$237M | $374M | $623M | $627M | |
Revenue (Reported) | $1.8B | $894M | $2.3B | $3.8B | $4B | |
Operating Income (Reported) | $315M | -$36M | $498M | $695M | $684M | |
Operating Income (Adjusted) | $316M | -$237M | $374M | $623M | $627M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $208M | $928M | $1.1B | $1B | $1.3B | |
Revenue Growth (YoY) | -55.37% | 346.15% | 20.26% | -8.78% | 28.29% | |
Cost of Revenues | $166M | $317M | $720M | $696M | $945M | |
Gross Profit | $42M | $611M | $396M | $322M | $361M | |
Gross Profit Margin | 20.19% | 65.84% | 35.48% | 31.63% | 27.64% | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $22M | $275M | $50M | $40M | $44M | |
Other Inc / (Exp) | -$1M | -$74M | -$15M | -$11M | -$23M | |
Operating Expenses | $44M | $347M | $140M | $130M | $161M | |
Operating Income | -$2M | $264M | $256M | $192M | $200M | |
Net Interest Expenses | $10M | $42M | $37M | $45M | $84M | |
EBT. Incl. Unusual Items | -$12M | $148M | $204M | $136M | $93M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | -$5M | $49M | $54M | $44M | $61M | |
Net Income to Company | -$7M | $99M | $150M | $92M | $32M | |
Minority Interest in Earnings | -- | -- | -- | -- | -$3M | |
Net Income to Common Excl Extra Items | -$7M | $99M | $150M | $92M | $29M | |
Basic EPS (Cont. Ops) | -$0.08 | $0.92 | $1.25 | $0.84 | $0.28 | |
Diluted EPS (Cont. Ops) | -$0.08 | $0.90 | $1.24 | $0.83 | $0.28 | |
Weighted Average Basic Share | $85.1M | $107.7M | $119.6M | $109.5M | $101M | |
Weighted Average Diluted Share | $85.1M | $109.1M | $121.1M | $110.9M | $102M | |
EBITDA | $9M | $238M | $298M | $234M | $245M | |
EBIT | -$2M | $190M | $241M | $181M | $177M | |
Revenue (Reported) | $208M | $928M | $1.1B | $1B | $1.3B | |
Operating Income (Reported) | -$2M | $264M | $256M | $192M | $200M | |
Operating Income (Adjusted) | -$2M | $190M | $241M | $181M | $177M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $1.2B | $1.7B | $3.7B | $4B | $4.7B | |
Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
Cost of Revenues | $889M | $890M | $2.6B | $2.7B | $3.4B | |
Gross Profit | $261M | $819M | $1.1B | $1.2B | $1.3B | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $96M | $353M | $69M | $184M | $211M | |
Other Inc / (Exp) | $2M | -$304M | -$63M | -$68M | -$204M | |
Operating Expenses | $207M | $504M | $418M | $538M | $627M | |
Operating Income | $54M | $315M | $710M | $684M | $714M | |
Net Interest Expenses | $42M | $85M | $136M | $183M | $315M | |
EBT. Incl. Unusual Items | $15M | -$74M | $511M | $433M | $195M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | -$10M | -$21M | $162M | $110M | $93M | |
Net Income to Company | $25M | -$53M | $349M | $323M | $102M | |
Minority Interest in Earnings | -- | -- | -- | -- | -$7M | |
Net Income to Common Excl Extra Items | $25M | -$53M | $349M | $323M | $95M | |
Basic EPS (Cont. Ops) | $0.28 | -$0.87 | $2.90 | $2.89 | $0.89 | |
Diluted EPS (Cont. Ops) | $0.28 | -$0.89 | $2.88 | $2.85 | $0.88 | |
Weighted Average Basic Share | ||||||
Weighted Average Diluted Share | ||||||
EBITDA | $103M | $93M | $883M | $822M | $745M | |
EBIT | $57M | $11M | $647M | $603M | $490M | |
Revenue (Reported) | $1.2B | $1.7B | $3.7B | $4B | $4.7B | |
Operating Income (Reported) | $54M | $315M | $710M | $684M | $714M | |
Operating Income (Adjusted) | $57M | $11M | $647M | $603M | $490M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Revenue | $682M | $1.5B | $2.8B | $3B | $3.7B | |
Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
Cost of Revenues | $574M | $722M | $1.6B | $2.1B | $2.7B | |
Gross Profit | $108M | $775M | $1.2B | $909M | $1B | |
Gross Profit Margin | -- | -- | -- | -- | -- | |
R&D Expenses | -- | -- | -- | -- | -- | |
Selling, General & Admin | $65M | $326M | $442M | $130M | $147M | |
Other Inc / (Exp) | $2M | -$100M | -$39M | -$35M | -$182M | |
Operating Expenses | $138M | $454M | $713M | $387M | $469M | |
Operating Income | -$30M | $321M | $533M | $522M | $539M | |
Net Interest Expenses | $32M | $74M | $105M | $146M | $270M | |
EBT. Incl. Unusual Items | -$59M | $147M | $389M | $341M | $87M | |
Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
Income Tax Expense | -$12M | $46M | $115M | $96M | $53M | |
Net Income to Company | -$47M | $101M | $274M | $245M | $34M | |
Minority Interest in Earnings | -- | -- | -- | -- | -$7M | |
Net Income to Common Excl Extra Items | -$47M | $101M | $274M | $245M | $27M | |
Basic EPS (Cont. Ops) | -$0.55 | $0.94 | $2.27 | $2.21 | $0.26 | |
Diluted EPS (Cont. Ops) | -$0.55 | $0.92 | $2.26 | $2.18 | $0.26 | |
Weighted Average Basic Share | $256.1M | $278.3M | $360.6M | $333.1M | $309.5M | |
Weighted Average Diluted Share | $256.1M | $281M | $365.1M | $337.4M | $311.4M | |
EBITDA | $7M | $292M | $675M | $630M | $535M | |
EBIT | -$27M | $221M | $494M | $474M | $337M | |
Revenue (Reported) | $682M | $1.5B | $2.8B | $3B | $3.7B | |
Operating Income (Reported) | -$30M | $321M | $533M | $522M | $539M | |
Operating Income (Adjusted) | -$27M | $221M | $494M | $474M | $337M |
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Cash and Equivalents | $67M | $428M | $432M | $223M | $589M | |
Short Term Investments | -- | -- | -- | -- | -- | |
Accounts Receivable, Net | $1.3B | $1.1B | $1.9B | $2.1B | $2.5B | |
Inventory | $558M | $702M | $1.2B | $1.2B | $1.4B | |
Prepaid Expenses | $13M | $12M | $123M | $117M | $89M | |
Other Current Assets | -- | -- | -- | -- | -- | |
Total Current Assets | $2.1B | $2.4B | $4.2B | $4.1B | $5B | |
Property Plant And Equipment | $838M | $553M | $826M | $874M | $819M | |
Long-Term Investments | $44M | $51M | $59M | $72M | $71M | |
Goodwill | -- | -- | $1.4B | $1.4B | $1.4B | |
Other Intangibles | $77M | $81M | $1.4B | $1.3B | $1.2B | |
Other Long-Term Assets | $48M | $32M | $106M | $141M | $132M | |
Total Assets | $3.1B | $3.1B | $8B | $8B | $8.7B | |
Accounts Payable | $24M | $20M | $63M | $83M | $144M | |
Accrued Expenses | $111M | $88M | $272M | $501M | $423M | |
Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
Other Current Liabilities | -- | -- | -- | -- | -- | |
Total Current Liabilities | $425M | $466M | $866M | $1.1B | $1.1B | |
Long-Term Debt | $1.6B | $1.9B | $4.2B | $3.8B | $4.5B | |
Capital Leases | -- | -- | -- | -- | -- | |
Total Liabilities | $2.5B | $2.8B | $6B | $5.9B | $6.6B | |
Common Stock | $1M | $1M | $1M | $1M | $1M | |
Other Common Equity Adj | -- | -- | -- | $39M | $17M | |
Common Equity | $570M | $374M | $2B | $2.2B | $2.1B | |
Total Preferred Equity | -- | -- | -- | -- | -- | |
Minority Interest, Total | -- | -- | -- | -- | -- | |
Total Equity | $570M | $374M | $2B | $2.2B | $2.1B | |
Total Liabilities and Equity | $3.1B | $3.1B | $8B | $8B | $8.7B | |
Cash and Short Terms | $67M | $428M | $432M | $223M | $589M | |
Total Debt | $1.6B | $1.9B | $4.2B | $3.8B | $4.5B |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Cash and Equivalents | $625M | $334M | $425M | $227M | $297M | |
Short Term Investments | -- | -- | -- | -- | -- | |
Accounts Receivable, Net | $1.1B | $2B | $259M | $308M | $249M | |
Inventory | $933M | $1.5B | $1.1B | $1.3B | $2.2B | |
Prepaid Expenses | -- | -- | -- | -- | -- | |
Other Current Assets | -- | -- | -- | -- | -- | |
Total Current Assets | $2.8B | $4.1B | $4B | $4.1B | $6.2B | |
Property Plant And Equipment | $543M | $898M | $832M | $851M | $738M | |
Long-Term Investments | $49M | $56M | $69M | $74M | $73M | |
Goodwill | -- | $820M | $1.4B | $1.4B | $2B | |
Other Intangibles | -- | $2B | $1.3B | $1.2B | $1.8B | |
Other Long-Term Assets | $101M | $259M | $381M | $377M | $396M | |
Total Assets | $3.5B | $8.1B | $8B | $8B | $11.2B | |
Accounts Payable | $264M | $707M | $978M | $942M | $1.1B | |
Accrued Expenses | -- | -- | -- | -- | -- | |
Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
Other Current Liabilities | -- | -- | -- | -- | -- | |
Total Current Liabilities | $525M | $977M | $1.2B | $1.2B | $1.3B | |
Long-Term Debt | $2.1B | $4.2B | $3.8B | $3.8B | $6.6B | |
Capital Leases | -- | -- | -- | -- | -- | |
Total Liabilities | $3B | $6.2B | $5.9B | $5.9B | $9.2B | |
Common Stock | $1M | $1M | $1M | $1M | $1M | |
Other Common Equity Adj | -- | -- | $32M | $24M | $2M | |
Common Equity | -- | -- | -- | -- | -- | |
Total Preferred Equity | -- | -- | -- | -- | -- | |
Minority Interest, Total | -- | -- | -- | -- | $142M | |
Total Equity | $522M | $1.9B | $2.2B | $2.1B | $2B | |
Total Liabilities and Equity | $3.5B | $8.1B | $8B | $8B | $11.2B | |
Cash and Short Terms | $625M | $334M | $425M | $227M | $297M | |
Total Debt | $2.1B | $4.2B | $3.8B | $3.8B | $6.6B |
Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $216M | -$201M | $176M | $352M | $313M | |
Depreciation & Amoritzation | $44M | $45M | $126M | $244M | $213M | |
Stock-Based Compensation | $22M | $15M | $48M | $46M | $40M | |
Change in Accounts Receivable | -$131M | $163M | -$216M | -$401M | -$305M | |
Change in Inventories | -$4M | -$91M | $15M | $100M | -$64M | |
Cash From Operations | $143M | $79M | $168M | $747M | $312M | |
Capital Expenditures | $61M | $31M | $39M | $97M | $75M | |
Cash Acquisitions | -$2M | -$2M | -$1.6B | -- | -$75M | |
Cash From Investing | -$63M | -$33M | -$1.6B | -$97M | -$158M | |
Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
Special Dividend Paid | ||||||
Long-Term Debt Issued | $850M | $990M | $3.2B | $809M | $1.6B | |
Long-Term Debt Repaid | -$666M | -$640M | -$1.5B | -$1.3B | -$1.1B | |
Repurchase of Common Stock | -$283M | -$10M | -- | -$272M | -$368M | |
Other Financing Activities | -$12M | -$15M | -$79M | -$23M | -$25M | |
Cash From Financing | -$108M | $328M | $1.6B | -$782M | $183M | |
Beginning Cash (CF) | $180M | $152M | $526M | $695M | $555M | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | -$28M | $374M | $173M | -$132M | $337M | |
Ending Cash (CF) | $152M | $526M | $695M | $555M | $885M | |
Levered Free Cash Flow | $82M | $48M | $129M | $650M | $237M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | -$7M | $99M | $150M | $92M | $32M | |
Depreciation & Amoritzation | $11M | $48M | $57M | $53M | $68M | |
Stock-Based Compensation | $6M | $14M | $14M | $12M | $11M | |
Change in Accounts Receivable | -$6M | -$55M | -$80M | -$70M | -$80M | |
Change in Inventories | -$23M | $18M | $81M | $30M | -$7M | |
Cash From Operations | -$2M | -$56M | $233M | $92M | $91M | |
Capital Expenditures | $7M | $12M | $16M | $22M | $32M | |
Cash Acquisitions | -$2M | -$1.6B | -- | -- | -- | |
Cash From Investing | -$9M | -$1.6B | -$16M | -$22M | -$32M | |
Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
Special Dividend Paid | -- | -- | -- | -- | -- | |
Long-Term Debt Issued | -- | $1.4B | $269M | $293M | $155M | |
Long-Term Debt Repaid | -$92M | -$904M | -$305M | -$344M | -$171M | |
Repurchase of Common Stock | -- | -- | -$84M | -$62M | -$108M | |
Other Financing Activities | -$4M | -$59M | -$6M | -$7M | -$6M | |
Cash From Financing | -$95M | $437M | -$126M | -$118M | -$130M | |
Beginning Cash (CF) | $823M | $1.8B | $666M | $588M | $601M | |
Foreign Exchange Rate Adjustment | -- | -- | -$13M | -$5M | $11M | |
Additions / Reductions | -$106M | -$1.2B | $91M | -$48M | -$71M | |
Ending Cash (CF) | $717M | $564M | $744M | $535M | $541M | |
Levered Free Cash Flow | -$9M | -$68M | $217M | $70M | $59M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | $25M | -$53M | $349M | $323M | $102M | |
Depreciation & Amoritzation | $46M | $82M | $236M | $219M | $255M | |
Stock-Based Compensation | $14M | $37M | $56M | $44M | $40M | |
Change in Accounts Receivable | $83M | -$127M | -$283M | -$336M | -$426M | |
Change in Inventories | -$57M | -$43M | $127M | -$38M | -$65M | |
Cash From Operations | $83M | $29M | $895M | $296M | $204M | |
Capital Expenditures | $41M | $34M | $65M | $93M | $97M | |
Cash Acquisitions | -$2M | -$1.6B | -$7M | -- | -$1.5B | |
Cash From Investing | -$43M | -$1.6B | -$72M | -$93M | -$1.6B | |
Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
Special Dividend Paid | ||||||
Long-Term Debt Issued | $1B | $2.7B | $1.1B | $1B | $3.9B | |
Long-Term Debt Repaid | -$532M | -$1.3B | -$1.6B | -$1.1B | -$2B | |
Repurchase of Common Stock | -$10M | -- | -$162M | -$378M | -$407M | |
Other Financing Activities | -$14M | -$70M | -$33M | -$24M | -$82M | |
Cash From Financing | $466M | $1.4B | -$620M | -$408M | $1.4B | |
Beginning Cash (CF) | -- | -- | -- | -- | -- | |
Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
Additions / Reductions | $506M | -$153M | $203M | -$205M | $3M | |
Ending Cash (CF) | -- | -- | -- | -- | -- | |
Levered Free Cash Flow | $42M | -$5M | $830M | $203M | $107M |
Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
---|---|---|---|---|---|---|
Net Income to Stockholders | -$47M | $101M | $274M | $245M | $34M | |
Depreciation & Amoritzation | $34M | $71M | $181M | $156M | $198M | |
Stock-Based Compensation | $10M | $32M | $40M | $38M | $38M | |
Change in Accounts Receivable | $152M | -$138M | -$205M | -$140M | -$261M | |
Change in Inventories | -$59M | -$11M | $101M | -$37M | -$38M | |
Cash From Operations | $86M | $36M | $763M | $312M | $204M | |
Capital Expenditures | $22M | $25M | $51M | $47M | $69M | |
Cash Acquisitions | -$2M | -$1.6B | -- | -- | -$1.4B | |
Cash From Investing | -$24M | -$1.6B | -$51M | -$47M | -$1.5B | |
Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
Special Dividend Paid | -- | -- | -- | -- | -- | |
Long-Term Debt Issued | $990M | $2.7B | $671M | $906M | $3.1B | |
Long-Term Debt Repaid | -$465M | -$1.1B | -$1.1B | -$898M | -$1.8B | |
Repurchase of Common Stock | -$10M | -- | -$162M | -$268M | -$307M | |
Other Financing Activities | -$13M | -$68M | -$22M | -$23M | -$80M | |
Cash From Financing | $503M | $1.6B | -$644M | -$270M | $971M | |
Beginning Cash (CF) | $1.7B | $2.8B | $2.2B | $1.9B | $2.2B | |
Foreign Exchange Rate Adjustment | -- | -- | -$19M | -$15M | -$5M | |
Additions / Reductions | $565M | $38M | $68M | -$5M | -$339M | |
Ending Cash (CF) | $2.3B | $2.8B | $2.2B | $1.9B | $1.8B | |
Levered Free Cash Flow | $64M | $11M | $712M | $265M | $135M |
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