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3D Systems (3D Systems) EBIT : $-113.9 Mil (TTM As of Dec. 2023)


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What is 3D Systems EBIT?

3D Systems's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-37.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-113.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. 3D Systems's annualized ROC % for the quarter that ended in Dec. 2023 was -21.21%. 3D Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -50.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. 3D Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -22.21%.


3D Systems EBIT Historical Data

The historical data trend for 3D Systems'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.

3D Systems EBIT Chart

3D Systems 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 -57.10 -139.42 321.44 -117.02 -103.02

3D Systems 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 -27.87 -33.40 -31.73 -10.88 -37.91

Competitive Comparison of 3D Systems's EBIT

For the Computer Hardware subindustry, 3D Systems'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.


3D Systems's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, 3D Systems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 3D Systems's EV-to-EBIT falls into.



3D Systems 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 $-113.9 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.


3D Systems  (NYSE:DDD) EBIT Explanation

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

3D Systems'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 )
=-151.62 * ( 1 - 0.31% )/( (873.009 + 552.275)/ 2 )
=-151.149978/712.642
=-21.21 %

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))
=1392.754 - 74.191 - ( 445.554 - max(0, 137.928 - 739.713+445.554))
=873.009

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))
=980.188 - 96.388 - ( 331.525 - max(0, 144.966 - 622.742+331.525))
=552.275

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

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

3D Systems'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 )
=-151.62/( ( (136.555 + max(166.915, 0)) + (135.041 + max(156.175, 0)) )/ 2 )
=-151.62/( ( 303.47 + 291.216 )/ 2 )
=-151.62/297.343
=-50.99 %

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)
=(104.516 + 153.005 + 36.638) - (74.191 + 37.561 + 15.492)
=166.915

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(102.104 + 152.412 + 36.701) - (96.388 + 38.654 + 0)
=156.175

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:

3D Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-113.907/512.863
=-22.21 %

* 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.


3D Systems EBIT Related Terms

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3D Systems (3D Systems) Business Description

Address
333 Three D Systems Circle, Rock Hill, SC, USA, 29730
3D Systems Corp provides comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, on-demand manufacturing services, and digital design tools. The company's segments include Healthcare Solutions and Industrial Solutions. It generates maximum revenue from the Industrial segment. It conducts business through various offices and facilities located throughout the Americas, EMEA, and APAC; generating a vast majority of revenues from the Americas.
Executives
Thomas W Erickson director OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY STE. 350, AMM ARBER MI 48108
Margaret E Wicklund officer: Chief Accounting Officer 13515 BALLANTYNE CORPORATE PL, CHARLOTTE NC 28277
Reji Puthenveetil officer: EVP, Industrial Solutions 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Malissia Clinton director 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Joseph R. Zuiker officer: EVP, Engineering & Operations 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Andrew Martin Johnson officer: VP, General Counsel & Secretar 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Jeffrey A Graves officer: President and CEO C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422
Michael Lynn Turner officer: EVP & Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Charles W Hull director, officer: Exec. V.P./Chief Tech. Off. 3D SYSTEMS CORPORATION, 333 THREE D SYSTEMS CORPORATION, ROCK HILL SC 29730
Jim D Kever director C/O 3D SYSTEMS, 26081 AVENUE HALL, VALENCIA CA 91355
Jagtar Narula officer: EVP & Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Claudia Drayton director 12988 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Phyllis B Nordstrom officer: EVP & CHRO 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
David K Leigh officer: EVP & CTO (Additive Mfg) 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Michael S Crimmins officer: SVP, Chief Accounting Officer 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007