GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Addus HomeCare Corp (FRA:A41) » Definitions » EBIT

Addus HomeCare (FRA:A41) EBIT : €90 Mil (TTM As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Addus HomeCare EBIT?

Addus HomeCare's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Addus HomeCare's annualized ROC % for the quarter that ended in Mar. 2024 was 8.21%. Addus HomeCare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 138.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Addus HomeCare's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.23%.


Addus HomeCare EBIT Historical Data

The historical data trend for Addus HomeCare'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.

Addus HomeCare EBIT Chart

Addus HomeCare 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 32.65 37.10 58.59 65.21 84.76

Addus HomeCare Quarterly Data
Jun19 Sep19 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 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 17.48 20.15 21.94 26.11 22.14

Competitive Comparison of Addus HomeCare's EBIT

For the Medical Care Facilities subindustry, Addus HomeCare'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.


Addus HomeCare's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Addus HomeCare's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Addus HomeCare's EV-to-EBIT falls into.



Addus HomeCare 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 €90 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.


Addus HomeCare  (FRA:A41) EBIT Explanation

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

Addus HomeCare'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 )
=87.012 * ( 1 - 25.72% )/( (783.839 + 790.609)/ 2 )
=64.6325136/787.224
=8.21 %

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))
=939.399 - 105.228 - ( 59.413 - max(0, 133.072 - 183.404+59.413))
=783.839

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

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

Addus HomeCare'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 )
=88.572/( ( (63.68 + max(0.788, 0)) + (63.085 + max(-14.587, 0)) )/ 2 )
=88.572/( ( 64.468 + 63.085 )/ 2 )
=88.572/63.7765
=138.88 %

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)
=(105.913 + 0 + 17.549) - (105.228 + 6.403 + 11.043)
=0.788

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(96.349 + 0 + 8.926) - (96.036 + 12.859 + 10.967)
=-14.587

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:

Addus HomeCare's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=90.342/1726.904
=5.23 %

* 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.


Addus HomeCare EBIT Related Terms

Thank you for viewing the detailed overview of Addus HomeCare's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Addus HomeCare (FRA:A41) Business Description

Traded in Other Exchanges
Address
6303 Cowboys Way, Suite 600, Frisco, TX, USA, 75034
Addus HomeCare Corp is engaged in the provision of in-home personal care services. It operates through the following segments: Personal care segment, which is a key revenue driver, provides non-medical assistance with activities of daily living, primarily to persons who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. The Hospice segment provides physical, emotional and spiritual care for people who are terminally ill and their families. Its Home health segment provides services that are primarily medical in nature to those individuals who may require assistance during an illness or after surgery.

Addus HomeCare (FRA:A41) Headlines

No Headlines