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Amkor Technology (Amkor Technology) EBIT : $503 Mil (TTM As of Dec. 2023)


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What is Amkor Technology EBIT?

Amkor Technology's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $167 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $503 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Amkor Technology's annualized ROC % for the quarter that ended in Dec. 2023 was 11.87%. Amkor Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Amkor Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.89%.


Amkor Technology EBIT Historical Data

The historical data trend for Amkor Technology's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amkor Technology EBIT Chart

Amkor Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 231.40 450.85 766.57 915.50 502.84

Amkor Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 224.56 72.26 88.21 175.38 167.01

Competitive Comparison of Amkor Technology's EBIT

For the Semiconductor Equipment & Materials subindustry, Amkor Technology's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amkor Technology's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Amkor Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Amkor Technology's EV-to-EBIT falls into.



Amkor Technology EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $503 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Amkor Technology  (NAS:AMKR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Amkor Technology's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=634.656 * ( 1 - 21.46% )/( (4302.72 + 4093.987)/ 2 )
=498.4588224/4198.3535
=11.87 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6734.849 - 1257.394 - ( 1174.735 - max(0, 1602.09 - 3125.642+1174.735))
=4302.72

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6771.125 - 1082.451 - ( 1594.687 - max(0, 1384.475 - 3195.81+1594.687))
=4093.987

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Amkor Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=668.024/( ( (3450.982 + max(604.759, 0)) + (3416.451 + max(439.649, 0)) )/ 2 )
=668.024/( ( 4055.741 + 3856.1 )/ 2 )
=668.024/3955.9205
=16.89 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1411.393 + 477.935 + 61.579) - (1257.394 + 81.835 + 6.9189999999999)
=604.759

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1149.493 + 393.128 + 58.502) - (1082.451 + 71.117 + 7.9059999999999)
=439.649

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Amkor Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=502.841/7294.257
=6.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Amkor Technology EBIT Related Terms

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Amkor Technology (Amkor Technology) Business Description

Traded in Other Exchanges
Address
2045 East Innovation Circle, Tempe, AZ, USA, 85284
Amkor Technology Inc is a provider of outsourced semiconductor packaging and test services to integrated device manufacturers, fabless semiconductor companies, and contract foundries. The firm's products are organized into two streams: advanced products, including flip chip, wafer-level processing and testing services; and mainstream products, including wirebond packaging and testing. Roughly a third of the firm's revenue is generated in the United States, with the rest coming from China, Ireland, Japan, Malaysia, Taiwan, Singapore, and countries across the world.
Executives
Megan Faust officer: See Remarks 2045 E INNOVATION CIRCLE, TEMPE AZ 85284
Tily Gil Coleman officer: Corp VP & General Counsel 1900 S. PRICE ROAD, CHANDLER AZ 85248
Roger Anthony Carolin director 1200 LIBERTY RIDGE DRIVE, WAYNE PA 19087
Mark N Rogers officer: EVP & General Counsel 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
Family Trust Under The Susan Y. Kim 2018-1 Irrevocable Trust Agreement Dtd. 8/29/18 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
2023 Grantor Retained Annuity Trust Of Susan Y. Kim Dated 9/15/2023 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Family Trust Under The Susan Y. Kim 2020-1 Irrevocable Trust Agreement Dated 04/01/2020 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
James J Kim director, 10 percent owner, other: Exhibit 99.1 C/O SIANA CARR O'CONNOR & LYNAM, LLP, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Agnes C Kim other: Exhibit 99.1 C/O SIANA CARR O'CONNOR & LYNAM, LLP, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
915 Investments, Lp 10 percent owner, other: See Exhibit 99.1 915 MT. PLEASANT ROAD, BRYN MAWR PA 19010
Family Trust Under The John T. Kim 2018 Irrevocable Trust Agreement Dated 2/6/18 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
Kevin Engel officer: Executive Vice President 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
Sung Shin officer: Executive Vice President 2045 EAST INNOVATION CIRCLE, TEMPE AZ 85284
2023 Grantor Retained Annuity Trust Of Agnes C. Kim Dated 4/26/2023 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713
2023 Grantor Retained Annuity Trust Of James J. Kim Dated 4/26/2023 other: Member of 10% owner group (2) C/O SIANA CARR O'CONNOR & LYNAM, 1500 EAST LANCASTER AVENUE, PAOLI PA 19301-9713