Endeavor Group Holdings (Endeavor Group Holdings) EBIT : $664 Mil (TTM As of Mar. 2024)

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What is Endeavor Group Holdings EBIT?

Endeavor Group Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-316 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $664 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Endeavor Group Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was -3.64%. Endeavor Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -95.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Endeavor Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.22%.

Endeavor Group Holdings EBIT Historical Data

The historical data trend for Endeavor Group Holdings'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.

Endeavor Group Holdings EBIT Chart

Endeavor Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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141.31

-72.13

-148.35

179.02

1,144.01

Endeavor Group Holdings Quarterly Data
	Dec18	Jun19	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															163.37	910.28	-1.29	71.65	-316.48

Competitive Comparison of Endeavor Group Holdings's EBIT

For the Entertainment subindustry, Endeavor Group Holdings'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.

Endeavor Group Holdings's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Endeavor Group Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Endeavor Group Holdings's EV-to-EBIT falls into.

Endeavor Group Holdings 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 $664 Mil.

Endeavor Group Holdings (NYSE:EDR) EBIT Explanation

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

Endeavor Group Holdings'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 )
=	-987.684 * ( 1 - 27.08% )	/	( (19848.178	+	19752.227)	/ 2 )
=	-720.2191728	/	19800.2025
=	-3.64 %

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	))
=	21544.773	-	1028.993	-	( 1166.526	-	max(0, 2796.945	-	3464.547	+	1166.526	))
=	19848.178

	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	))
=	21512.743	-	1285.293	-	( 778.643	-	max(0, 2927.794	-	3403.017	+	778.643	))
=	19752.227

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

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

Endeavor Group Holdings'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 )
=	-1265.932	/	( ( (1265.302 + max(-363.801, 0))	+	(1386.025 + max(-180.392, 0)) )	/	2 )
=	-1265.932	/	( ( 1265.302	+	1386.025 )	/	2 )
=	-1265.932	/	1325.6635
=	-95.49 %

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)
=	(939.79	+	0	+	1358.231)	-	(1028.993	+	1070.004	+	562.825)
=	-363.801

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1087.852	+	0	+	1536.522)	-	(1285.293	+	1106.793	+	412.68)
=	-180.392

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:

Endeavor Group Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	664.159	/	12715.825
	=	5.22 %

Endeavor Group Holdings EBIT Related Terms

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Endeavor Group Holdings (Endeavor Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Endeavor Group Holdings Inc (NYSE:EDR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

EDR:Mexico

Address

9601 Wilshire Boulevard, 3rd Floor, Beverly Hills, CA, USA, 90210

Website

https://www.endeavorco.com

Endeavor Group Holdings Inc is an entertainment, sports and content company. It offers services through its integrated capabilities of talent representation, content development, content distribution and sales, event management, marketing and licensing, and direct-to-consumer offerings. It operates its business in three segments: Owned Sports Properties; Events, Experiences & Rights; and Representation.

Executives

William K. Fullerton	officer: Global Controller and CAO	C/O ENDEARVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Seth D Krauss	officer: Chief Legal Officer	C/O TAKE-TWO INTERACTIVE SOFTWARE, INC., 222 BROADWAY, NEW YORK NY 10012
Jason Lublin	officer: Chief Financial Officer	C/O ENDEAVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Mark S Shapiro	officer: President	C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Ariel Emanuel	director, 10 percent owner, officer: Chief Executive Officer	C/O SOURCE INTERLINK COMPANIES, INC., 27500 RIVERVIEW CENTER BLVD, SUITE 400, BONITA SPRINGS FL 34134
Patrick Whitesell	director, 10 percent owner, officer: Executive Chairman	11601 WILSHIRE BOULEVARD, SUITE 1600, LOS ANGELES CA 90025
Christian Muirhead	officer: Chief Communications Officer	C/O ENDEAVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Jacqueline D Reses	director	C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Silver Lake West Voteco, L.l.c.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake West Holdco, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake West Holdco Ii, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Ursula M Burns	director	200 SE MIZNER BLVD, UNIT 703, BOCA RATON FL 33432
Kerry D Chandler	officer: Chief Human Resources Officer	1020 HULL STREET, BALTIMORE MD 21230
Silver Lake Technology Investors Iv (delaware Ii), L.p.	director, 10 percent owner	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Technology Associates Vi, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025