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Big 5 Sporting Goods (Big 5 Sporting Goods) EBIT : $-10.7 Mil (TTM As of Dec. 2023)


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What is Big 5 Sporting Goods EBIT?

Big 5 Sporting Goods's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-13.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-10.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Big 5 Sporting Goods's annualized ROC % for the quarter that ended in Dec. 2023 was -6.68%. Big 5 Sporting Goods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -10.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Big 5 Sporting Goods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3.10%.


Big 5 Sporting Goods EBIT Historical Data

The historical data trend for Big 5 Sporting Goods'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.

Big 5 Sporting Goods EBIT Chart

Big 5 Sporting Goods 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 14.83 76.27 136.02 33.52 -10.73

Big 5 Sporting Goods 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 2.28 -0.03 -0.46 2.98 -13.23

Competitive Comparison of Big 5 Sporting Goods's EBIT

For the Specialty Retail subindustry, Big 5 Sporting Goods'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.


Big 5 Sporting Goods's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Big 5 Sporting Goods's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Big 5 Sporting Goods's EV-to-EBIT falls into.



Big 5 Sporting Goods 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 $-10.7 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.


Big 5 Sporting Goods  (NAS:BGFV) EBIT Explanation

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

Big 5 Sporting Goods'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 )
=-52.9 * ( 1 - 33.63% )/( (532.483 + 518.998)/ 2 )
=-35.10973/525.7405
=-6.68 %

where

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

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

Big 5 Sporting Goods'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 )
=-52.9/( ( (324.745 + max(190.366, 0)) + (312.21 + max(184.49, 0)) )/ 2 )
=-52.9/( ( 515.111 + 496.7 )/ 2 )
=-52.9/505.9055
=-10.46 %

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)
=(8.363 + 291.257 + 14.485) - (123.739 + 0 + -2.8421709430404E-14)
=190.366

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.163 + 275.759 + 16.052) - (116.484 + 0 + 0)
=184.49

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:

Big 5 Sporting Goods's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-10.734/345.799
=-3.10 %

* 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.


Big 5 Sporting Goods EBIT Related Terms

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Big 5 Sporting Goods (Big 5 Sporting Goods) Business Description

Traded in Other Exchanges
Address
2525 East El Segundo Boulevard, El Segundo, CA, USA, 90245
Big 5 Sporting Goods Corp is a specialty retailer company that is principally engaged in the sale of sporting goods in the western United States. Its product mix includes athletic shoes, apparel, and accessories, as well as a broad selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports. The company operates solely as a sporting goods retailer, which includes both retail stores and an e-commerce platform. The company operates a distribution center located in Riverside, California, that services all of its stores and e-commerce platform.
Executives
Jeffrey L Fraley officer: Senior VP, Human Resources
Shane O Starr officer: Senior VP, Operations C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BOULEVARD, EL SEGUNDO CA 90245
Jennifer Holden Dunbar director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Ian R Landgreen officer: SVP and General Counsel 2525 EAST EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Stephen E. Carley director 6312 SOUTH FIDDLER'S GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111
Lily W Chang director 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Van B Honeycutt director 3820 STATE ST, SANTA BARBARA CA 93105
Brown Colleen B director C/O TRUEBLUE, INC., 1015 A STREET, TACOMA WA 98402
Barry Emerson officer: Executive VP, CFO & Treasurer
Steven G Miller director, officer: Chairman, President and CEO
Boyd O Clark officer: Executive VP, Buying C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUND BLVD, EL SEGUNDO CA 90245
Luke D Thompson officer: Executive VP & General Counsel C/O GROCERY OUTLET HOLDING CORP, 5650 HOLLIS STREET, EMERYVILLE CA 94608
David Jessick director 15465 SE RIVERSHORE DRIVE, VANCOUVER WA 98683
Michael P. Marrone officer: Senior VP, Store Operations C/O BIG 5 SPORTING GOODS CORPORATION, 2525 EAST EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Sandra N Bane director