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Bluegreen Vacations Holding (Bluegreen Vacations Holding) EBIT : $173.2 Mil (TTM As of Sep. 2023)


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What is Bluegreen Vacations Holding EBIT?

Bluegreen Vacations Holding's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $52.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $173.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bluegreen Vacations Holding's annualized ROC % for the quarter that ended in Sep. 2023 was 4.95%. Bluegreen Vacations Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 45.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bluegreen Vacations Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 8.31%.


Bluegreen Vacations Holding EBIT Historical Data

The historical data trend for Bluegreen Vacations Holding'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.

Bluegreen Vacations Holding EBIT Chart

Bluegreen Vacations Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.06 53.54 -9.98 133.93 150.39

Bluegreen Vacations Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 47.05 31.82 36.35 52.21 52.80

Competitive Comparison of Bluegreen Vacations Holding's EBIT

For the Resorts & Casinos subindustry, Bluegreen Vacations Holding'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.


Bluegreen Vacations Holding's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bluegreen Vacations Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bluegreen Vacations Holding's EV-to-EBIT falls into.



Bluegreen Vacations Holding 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $173.2 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.


Bluegreen Vacations Holding  (NYSE:BVH) EBIT Explanation

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

Bluegreen Vacations Holding's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=79.528 * ( 1 - 23.52% )/( (1202.768 + 1256.803)/ 2 )
=60.8230144/1229.7855
=4.95 %

where

Invested Capital(Q: Jun. 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))
=1525.583 - 144.075 - ( 178.74 - max(0, 160.903 - 1323.069+178.74))
=1202.768

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))
=1539.932 - 148.248 - ( 134.881 - max(0, 167.125 - 1334.043+134.881))
=1256.803

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

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

Bluegreen Vacations Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=211.18/( ( (108.242 + max(364.839, 0)) + (108.897 + max(355.785, 0)) )/ 2 )
=211.18/( ( 473.081 + 464.682 )/ 2 )
=211.18/468.8815
=45.04 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 447.963 + 77.779) - (144.075 + 16.828 + 0)
=364.839

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 449.889 + 73.021) - (148.248 + 18.877 + 0)
=355.785

When net working capital is negative, 0 is used.

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

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

Bluegreen Vacations Holding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=173.177/2084.024
=8.31 %

* 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.


Bluegreen Vacations Holding EBIT Related Terms

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Bluegreen Vacations Holding (Bluegreen Vacations Holding) Business Description

Traded in Other Exchanges
Address
4960 Conference Way North, Suite 100, Boca Raton, FL, USA, 33431
Bluegreen Vacations Holding Corp is a vacation ownership company that markets and sells vacation ownership interests (VOIs) & manages resorts in popular leisure and urban destinations. The firm operates in two segments: Sales of VOIs and financing & Resort Operations and Club Management. The majority is from the Sales of VOIs and financing segment. The Sales of VOIs and Financing segment includes the Company's marketing and sales activities related to the VOIs that are owned by the Company, VOIs acquired under just-in-time and secondary market inventory arrangements, or sales of VOIs through fee-for-service arrangements with third-party developers, as well as consumer financing activities in connection with sales of VOIs owned by the Company, and title services operations.
Executives
John E Abdo director, 10 percent owner, officer: Vice Chairman of the Board P. O. BOX 39000, FT LAUDERDALE FL 33303
Alan B Levan director, 10 percent owner, officer: Chairman of the Bd/President P. O. BOX 39000, FT LAUDERDALE FL 33303
De La Osa Jorge officer: EVP, Chief Legal 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Dusty Tonkin officer: EVP, Chief Sales Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Mark Nerenhausen director 1221 MT CURVE AVE, MINNEAPOLIS MN 55403
Ahmad M Wardak officer: EVP, Chief Brand Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Chanse W Rivera officer: EVP and CIO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Arnold Sevell director 4960 CONFERENCE WAY N, SUITE 100, BOCA RATON FL 33431
Allmand James R Iii director PO BOX 267068, WESTON FL 33326
Orlando Sharpe director C/O SHARPE PROJECT DEVELOPMENTS, INC., 1212 S. ANDREWS AVE., STE. 203, FORT LAUDERDALE FL 33316
Lawrence A Cirillo director 755 SATURN STREET, APT I 104, JUPITER FL 33477
Gregory Adam Haile director 401 EAST LAS OLAS BLVD SUITE 800, FORT LAUDERDALE FL 33301
Cagnetta Andrew R. Jr. director 401 EAST LAS OLAS BOULEVARD, SUITE 800, FORT LAUDERDALE FL 33301
Brett Sheppard officer: Chief Accounting Officer 201 EAST LAS OLAS BOULEVARD, SUITE 1900, FORT LAUDERDALE FL 33301
Winningham Charlie C Ii director P. O. BOX 39001, FT LAUDERDALE FL 33303