It was my pleasure to fly with you $UAL (-0,21%) . I believe it reached the top and there are better opportunities in the market. 👋🛬

Today, I’m looking for stocks with > 10% Shareholder yield, FCF yield, and Earnings yield (my personal magic formula) but I’ve also included > 10% Tangible BVPS (5 year) CAGR and a minimum market cap of $500 million for this screen. This combines lots of data into one simple screen covering quality, valuation, and shareholder orientation, while eliminating the smallest companies with skewed numbers.

I like to screen until I’m down to 10-30 stocks, to generate a list of quality companies, trading at fair or below fair prices, to dig deeper into. Here are today’s results:

$TPH (+0%)

$M (+0,62%)

$HOG (+0,34%)

$CRI (-0,72%)

$UAL (-0,21%)

$LBRT

$CROX (+0,29%)

$PLYM

$CHRD (+0,11%)

I currently own Chord and Crocs in different portfolios. Have owned Tri-Point Homes, United Airlines, and Macy’s in the past.

$UAL (-0,21%)

Q4 FY2024 results ended on December 31, 2024

- Total operating revenue: $14.7B, +7.8% YoY

- Net income: $985M, +64.2% YoY

- Diluted EPS: $2.95 vs $1.81 in Q4 2023

- Pre-tax margin: 8.9% vs 5.7% in Q4 2023

CEO Scott Kirby: "United had a unique strategy coming out of COVID and our people have delivered for customers leading to a structurally and permanently changed industry. 2024 was a strong year across the board for United as we've become the leading global airline."

🌱Revenue & Growth

- Passenger revenue: $13.3B, +6.9% YoY

- Cargo revenue: $521M, +29.6% YoY

- Other revenue: $899M, +12.0% YoY

- Premium cabin revenue up 10% YoY

- Corporate revenue up 7% YoY

💰Profits & Financials

- Operating income: $1.5B, +50.6% YoY

- Operating margin: 10.2% vs 7.3% in Q4 2023

- Fuel cost per gallon: $2.40 vs $3.13 in Q4 2023

- Available liquidity: $17.4B

- Net leverage ratio: 2.4x vs 2.9x in Q4 2023

📌Business Highlights

- Carried record 174M customers in 2024

- First in on-time departures at all seven hubs

- Announced SpaceX Starlink for 1,000+ aircraft

- Launched MileagePlus pooling program

- Operating 145 more mainline flights per day vs 2023

- Added service to nine new international destinations

🔮Future Outlook

- Expects robust demand trends in Q1 2025

- Domestic RASM projected to turn positive YoY

- Continues to see improvement in international RASM

- On path to achieve double-digit pre-tax margins

- Reiterates confidence in industry transformation

$NFLX (-0,1%)

$UAL (-0,21%)

$VZ (+0,57%)

$SCHW (+0,52%)

$PG (-0,11%)

$GE (+0,38%)

$ABT (+0,15%)

$KMI (+0,83%)

$MMM (+0,05%)

$AAL (+0,71%)

$BOKF (+0,28%)

$JNJ (+0,62%)

$HBAN (+0,64%)

$IBKR (+0,79%)

$FCX (+0,35%)

$AA (-1,75%)

$STX (+1,83%)

$TXN (+0,47%)

$KEY (+0,5%)

$ISRG (+0,37%)

$AXP (+0,32%)

$PRGS (+0,52%)

$HAL (+1,12%)

$DHI (+0,4%)

$FITB (+0,18%)

$GEV (+0,29%)

$TCBI (+0,34%)

$ALLY (+0,14%)

$COF (+0%)

$CSX (-0,2%)

$APH (+0,31%)

$ELV (+0,32%)

$CMA (+0,75%)

$DFS

$FOR

$GSBC

$ZION

$PLD

$NEE (-0,12%)

$TRV

$SRCE

$ALK

$BFST

$FFBC

$EQBK

$ERIC

$SMBK

$STLD

$WTFC

$UNP

All these stocks hit new 52 WEEK HIGHS at some point today

Visa $V (+0,24%)

Robinhood $HOOD (+1,13%)

$SOFI (+0,72%)

Delta Airlines $DAL (+0,81%)

Trade Desk $TTD (+0,93%)

DoorDash $DASH (-0,01%)

United Airlines $UAL (-0,21%)

Wells Fargo $WFC (+0,62%)

Booking $BKNG (+0,42%)

Abbvie $ABBV (+0,31%)

Agnico Eagle $AEM (-0,85%)

Alaska Airlines $ALK (-0,09%)

Apollo $APO (+0,42%)

Applovin $APP (+1,47%)

Ares Capital $ARCC (+0,44%)

Celestica $CLS (-0,6%)

Coupang $CPNG (+0,37%)

Corteva $CTVA (+0,58%)

Carvana $CVNA (+0,48%)

Duolingo $DUOL

Garmin $GRMN (+0%)

Hilton $HLT
$ICE (+0,24%)

Incyte $INCY (+0,87%)

Leidos $LDOS (-0,42%)

Live Nation $LYV (+0,51%)

Madison Square Garden $MSGS (+0,51%)

Nasdaq $NDAQ (+0,33%)

Sprouts $SFM (+0,41%)

Nuscale $SMR

Sharkninja $SN

Synchrony $SYF (+0,54%)

Texas Roadhouse $TXRH (+0,98%)

VF Corp $VFC (+0,82%)

WellTower $WELL (+0,25%)

$UAL (-0,21%) | United Airlines Q3'24 Earnings Highlights:

🔹 Adj EPS: $3.33 (Est. $3.13) 🟢; DOWN from $3.65 YoY

🔹 Revenue: $14.84B (Est. $14.77B) 🟢; UP +2.5% YoY

🔸 Authorized a new $1.5B share repurchase program

Q4 Guidance:

🔹 Adj EPS: $2.50 - $3.00 (Est. $2.75) 🟡

Operational Metrics:

🔹 Capacity (Available Seat Miles): 81.54B; UP +4.1% YoY

🔹 Revenue Passenger Miles: 69.55B; UP +2.7% YoY

🔹 Load Factor: 85.3% (vs. 86.4% YoY) 

🔹 PRASM: 16.63 cents; DOWN -2.4% YoY 

🔹 CASM-ex: 12.26 cents; UP +6.5% YoY 

Segment Revenue:

🔹 Passenger: $13.56B; UP +1.6% YoY

🔹 Cargo: $417M; UP +25% YoY

🔹 Other: $865M; UP +7.9% YoY

Fuel Statistics:

🔹 Fuel Consumed: 1.17B gallons; UP +3.4% YoY

🔹 Average Fuel Price per Gallon: $2.56; DOWN -13% YoY

Share Repurchase Program:

🔸 Board authorized a new $1.5B share repurchase program

🔸 First buyback since suspension in 2020 due to COVID-19

🔸 Limit of $500M in aggregate repurchases through year-end 2024

🔸 Operational Highlights:

— Generated $7.2B of operating cash flow and $3.4B of free cash flow year-to-date

— Demand continues to be strong; Corporate revenues up 13% YoY in September

— Premium revenues up 5% YoY; Basic Economy revenue up 20% YoY

CEO Scott Kirby's Commentary:

🔸 "As predicted, unproductive capacity left the market in mid-August, and we saw a clear inflection point in our revenue trends that propelled United to exceed Q3 expectations."