Beacon Roofing Supply (Beacon Roofing Supply) EBIT : $694 Mil (TTM As of Mar. 2024)

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What is Beacon Roofing Supply EBIT?

Beacon Roofing Supply's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $694 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Beacon Roofing Supply's annualized ROC % for the quarter that ended in Mar. 2024 was 5.08%. Beacon Roofing Supply's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Beacon Roofing Supply's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.66%.

Beacon Roofing Supply EBIT Historical Data

The historical data trend for Beacon Roofing Supply'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.

Beacon Roofing Supply EBIT Chart

Beacon Roofing Supply Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec22

Dec23

EBIT

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131.40

20.30

396.60

703.40

712.20

Beacon Roofing Supply Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															60.60	234.30	253.80	163.50	42.70

Competitive Comparison of Beacon Roofing Supply's EBIT

For the Industrial Distribution subindustry, Beacon Roofing Supply'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.

Beacon Roofing Supply's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Beacon Roofing Supply's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Beacon Roofing Supply's EV-to-EBIT falls into.

Beacon Roofing Supply 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $694 Mil.

Beacon Roofing Supply (NAS:BECN) EBIT Explanation

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

Beacon Roofing Supply's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	180.4 * ( 1 - -36.59% )	/	( (4682.3	+	5013.6)	/ 2 )
=	246.40836	/	4847.95
=	5.08 %

where

	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	))
=	6207.7	-	1441.4	-	( 84	-	max(0, 1567.3	-	2896.7	+	84	))
=	4682.3

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	6818.5	-	1670.3	-	( 134.6	-	max(0, 1807.3	-	3380.8	+	134.6	))
=	5013.6

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Beacon Roofing Supply's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	170.8	/	( ( (940 + max(1371.3, 0))	+	(974.3 + max(1575.9, 0)) )	/	2 )
=	170.8	/	( ( 2311.3	+	2550.2 )	/	2 )
=	170.8	/	2430.75
=	7.03 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1140.2	+	1227.9	+	444.6)	-	(1441.4	+	0	+	-2.2737367544323E-13)
=	1371.3

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1188.5	+	1537.6	+	520.1)	-	(1670.3	+	0	+	0)
=	1575.9

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Beacon Roofing Supply's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	694.3	/	9059.330
	=	7.66 %

Beacon Roofing Supply EBIT Related Terms

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Beacon Roofing Supply (Beacon Roofing Supply) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Beacon Roofing Supply Inc (NAS:BECN) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

OWY:Germany

Address

505 Huntmar Park Drive, Suite 300, Herndon, VA, USA, 20170

Website

https://www.becn.com

Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.

Executives

Jason L Taylor	officer: President, West Division	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
James J Gosa	officer: President, North/Canada Div.	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Cd&r Investment Associates Ix, Ltd.	10 percent owner	MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, GRAND CAYMAN E9 KY101194
Best Clement Munroe Iii	officer: President, South Division	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Julian Francis	director, officer: President & CEO	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Christopher Carl Nelson	officer: EVP, CIO	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Robert M Mclaughlin	director	C/O AIRGAS, INC., 259 NORTH RADNOR-CHESTER RD, RADNOR PA 19087
Martin S. Harrell	officer: President, Waterproofing	3401 PHILIPS HWY, JACKSONVILLE FL 32207
Christine Stroh Reddy	officer: EVP, General Counsel	505 HUNTMAR PARK DRIVE, SUITE 300, HERNDON VA 20170
Stuart A Randle	director	585 WEST 500 SOUTH, BOUNTIFUL UT 84010
Racquel Harris Mason	director	C/O ELANCO ANIMAL HEALTH INCORPORATED, 2500 INNOVATION WAY, GREENFIELD IN 46140
Hart Melanie Housey	director	POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
Frank A Lonegro	officer: EVP & Chief Financial Officer	500 WATER STREET, JACKSONVILLE FL 32202
Jonathan Stuart Bennett	officer: EVP & CCO	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170
Sean M. Mcdevitt	officer: EVP & CHRO	505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170