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Deutsche Lufthansa AG (Deutsche Lufthansa AG) EBIT : $3,135 Mil (TTM As of Dec. 2023)


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What is Deutsche Lufthansa AG EBIT?

Deutsche Lufthansa AG's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $514 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $3,135 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Deutsche Lufthansa AG's annualized ROC % for the quarter that ended in Dec. 2023 was 1.34%. Deutsche Lufthansa AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Deutsche Lufthansa AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 21.34%.


Deutsche Lufthansa AG EBIT Historical Data

The historical data trend for Deutsche Lufthansa AG'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.

Deutsche Lufthansa AG EBIT Chart

Deutsche Lufthansa AG 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 2,507.78 -9,992.70 -2,444.07 1,828.39 3,173.39

Deutsche Lufthansa AG 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 661.02 -425.05 1,305.53 1,740.66 513.63

Competitive Comparison of Deutsche Lufthansa AG's EBIT

For the Airlines subindustry, Deutsche Lufthansa AG'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.


Deutsche Lufthansa AG's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Deutsche Lufthansa AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Deutsche Lufthansa AG's EV-to-EBIT falls into.



Deutsche Lufthansa AG 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 $3,135 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.


Deutsche Lufthansa AG  (OTCPK:DLAKF) EBIT Explanation

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

Deutsche Lufthansa AG'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 )
=663.032 * ( 1 - 4.71% )/( (46512.273 + 48042.531)/ 2 )
=631.8031928/47277.402
=1.34 %

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))
=49723.586 - 6767.343 - ( 9613.661 - max(0, 22974.386 - 19418.356+9613.661))
=46512.273

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))
=49423.119 - 5961.832 - ( 9013.086 - max(0, 21537.623 - 16956.379+9013.086))
=48042.531

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

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

Deutsche Lufthansa AG'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 )
=2054.524/( ( (23611.526 + max(-9684.099, 0)) + (24890.949 + max(-12540.896, 0)) )/ 2 )
=2054.524/( ( 23611.526 + 24890.949 )/ 2 )
=2054.524/24251.2375
=8.47 %

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)
=(4194.237 + 963.714 + 4313.766) - (6767.343 + 0 + 12388.473)
=-9684.099

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2517.993 + 1044.711 + 2280.261) - (5961.832 + 0 + 12422.029)
=-12540.896

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:

Deutsche Lufthansa AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=3134.764/14690.972
=21.34 %

* 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.


Deutsche Lufthansa AG EBIT Related Terms

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Deutsche Lufthansa AG (Deutsche Lufthansa AG) Business Description

Address
Lufthansa Aviation Center, Airportring, Frankfurt, HE, DEU, 60546
Deutsche Lufthansa AG is a European airline group. The company's segment includes Passenger Airlines; Logistics; MRO and Catering. It generates maximum revenue from the Passenger Airlines segment. The Passenger Airlines segment comprises Lufthansa German Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings, including the equity interest in SunExpress. Geographically, it derives a majority of its revenue from Europe.

Deutsche Lufthansa AG (Deutsche Lufthansa AG) Headlines