Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
we are absorbing higher tariff costs, our strong overall unit economics and scale enable us to do this while maintaining healthy payback period.
We absorbed an exogenous shock this year related to tariffs, disproportionately affecting ad spend from our top retail advertisers.
we are assuming that the tariff landscape will remain at the current levels globally and we have effectively covered that impact.
headwinds from tariffs and increased operating commodity costs, including coffee.
We laid the groundwork two years ago when we secured commission approvals for data center tariffs in Ohio and large load tariff modifications in Indiana, Kentucky, and West Virginia.
MPT’s adjusted operating margin totaled 15.4% for the quarter... and reflects increased manufacturing and supply costs, unfavorable product mix, inventory adjustments, and higher costs related to tariffs.
Commercial transportation revenue was up 4% in the fourth quarter. However, it was down 5% for the full year, including the pass-through of higher aluminum costs and tariffs.
The tariffs of 50% that were imposed in the fourth quarter really jolted the market.
However, in 2026, the situation has worsened significantly. We are having to smile and take it just about at any price we can get.
we do not expect a material impact from tariffs given our diversified supply chain and large U.S. manufacturing presence, but this outlook is subject to change.