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Endurance Specialty Holdings (Endurance Specialty Holdings) EBIT : $309 Mil (TTM As of Mar. 2017)


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What is Endurance Specialty Holdings EBIT?

Endurance Specialty Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2017 was $18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $309 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Endurance Specialty Holdings's annualized ROC % for the quarter that ended in Mar. 2017 was 2.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Endurance Specialty Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2017 was 4.91%.


Endurance Specialty Holdings EBIT Historical Data

The historical data trend for Endurance Specialty 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.

Endurance Specialty Holdings EBIT Chart

Endurance Specialty Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 202.04 353.96 389.81 400.73 424.83

Endurance Specialty Holdings Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 134.28 97.85 150.03 42.67 18.12

Competitive Comparison of Endurance Specialty Holdings's EBIT

For the Insurance - Property & Casualty subindustry, Endurance Specialty 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.


Endurance Specialty Holdings's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Endurance Specialty Holdings's EV-to-EBIT distribution charts can be found below:

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



Endurance Specialty 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $309 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.


Endurance Specialty Holdings  (NYSE:ENH) EBIT Explanation

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

Endurance Specialty Holdings's annualized ROC % for the quarter that ended in Mar. 2017 is calculated as:

ROC % (Q: Mar. 2017 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2016 ) + Invested Capital (Q: Mar. 2017 ))/ count )
=72.46 * ( 1 - -260.08% )/( (12038.5656 + 12812.28665)/ 2 )
=260.913968/12425.426125
=2.10 %

where

Invested Capital(Q: Dec. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=14122.861 - 965.499 - ( 1149.541 - 5% * 614.892 )
=12038.5656

Invested Capital(Q: Mar. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=15383.182 - 1268.611 - ( 1332.167 - 5% * 597.653 )
=12812.28665

Note: The EBIT data used here is four times the quarterly (Mar. 2017) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2017 )
=308.66/6286.950
=4.91 %

* 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.


Endurance Specialty Holdings EBIT Related Terms

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Endurance Specialty Holdings (Endurance Specialty Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Endurance Specialty Holdings is a property and casualty insurance holding company that underwrites its products on a global basis. Operations are organized into two business segments: insurance and reinsurance. Endurance generates the vast majority of its revenue from the insurance segment, where most of its revenue is derived from its agriculture insurance line. The reinsurance segment derives most of its revenue through its catastrophe insurance line. The company's key strategies include an emphasis on profitability, deep client relationships, risk management, and proactively managing its capital base.
Executives
Mark Silverstein officer: Chief Investment Officer, ESL C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WHITE PLAINS NY 10604
Scott D Moore director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
Galen R Barnes director ONE NATIONWIDE PLAZA, COLUMBUS OH 43215
John V Delcol officer: General Counsel and Secretary C/O ENDURANCE SPECIALTY HOLDINGS LTD, WELLESLEY HOUSE PITTS BAY RD, PEMBROKE BERMUDA D0 999999999
Steven W Carlsen director
William H Bolinder director, other: Lead Director
Morgan W Davis director 80 SOUTH MAIN STREET, HANOVER NH 03755
Norman Barham director C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Michael J Mcguire officer: Chief Financial Officer C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
William J Raver director C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WHITE PLAINS NY 10604
Robert A Spass director ONE CHASE MANHATTAN PLAZA, 44TH FLOOR, NEW YORK NY 10005
Ian Michael Winchester director 350 CENTRAL PARK WEST, APPT.15D, NEW YORK CITY NY 10025-6504
John A Kuhn officer: CEO, Global Insurance C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WEST BUILDING, WHITE PLAINS NY 10604
Carrie Rosorea officer: Chief Accounting Officer 333 WESTCHESTER AVE., WHITE PLAINS NY 10604
Nicholas C Marsh director MONTPELIER HOUSE, 94 PITTS BAY, PEMBROKE D0 HM08

Endurance Specialty Holdings (Endurance Specialty Holdings) Headlines