Plain-text accounting insights, tutorials, and updates from the Beancount.io team.
IRR is the discount rate that zeroes a project's NPV — accept only above your cost of capital, and cross-check high readings with MIRR.
Honeywell's first post-breakup quarter: Q3 2026 sales of $5.0B grew 7% organically, operating margin jumped 640bp to 14.8% and adjusted EPS rose 34%.
DuPont analysis splits ROE into profit margin × asset turnover × leverage — so a rising return you cannot trace to operations reads as borrowed, not earned.
Dow Q3 2026 sales rose 13% to $11.3B on a 14% price gain while volume fell 1%; operating EPS swung to $0.71 and free cash flow doubled to $1.13B.
Yield is dividends over price; payout ratio is dividends over earnings. A soaring yield with coverage above 100% usually means the price fell ahead of a cut.
A deed in lieu ends the mortgage without an auction, but the IRS taxes forgiven debt as income — get the deficiency waiver in writing first.
Danaher Q3 2026 revenue rose 8.3% to $6.55B, mostly on Masimo; $291M of tax benefits lifted net income 36%, just 4% without them. EPS guide: $8.57–$8.62.
CSX Q3 2026 revenue hit a record $4.02B (+12%) and EPS jumped 54% to $0.57; operating margin widened to 39.1% even as on-time arrivals slid to 56%.
A credit memo shrinks what a customer owes and a debit memo grows it — both adjust accounts receivable without rewriting the invoice.
Contra accounts offset their parents without erasing them: lenders underwrite net receivables, net equipment value, and net sales — not gross.
Comcast Q3 2026 revenue fell 6.1% to $29.3B on the Versant spin but rose 0.5% pro forma; Peacock earned $261M EBITDA as broadband lost 144,000 customers.
CME Group Q3 2026 revenue rose 13% to a record $1.74B on 29.4M contracts a day; EPS rose 16% to $2.89, but the $154M spread on member collateral is fading.
