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Huron Consulting Group (Huron Consulting Group) EBIT : $137 Mil (TTM As of Dec. 2023)


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What is Huron Consulting Group EBIT?

Huron Consulting Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $137 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huron Consulting Group's annualized ROC % for the quarter that ended in Dec. 2023 was 20.25%. Huron Consulting Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 271.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huron Consulting Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.55%.


Huron Consulting Group EBIT Historical Data

The historical data trend for Huron Consulting Group'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.

Huron Consulting Group EBIT Chart

Huron Consulting Group 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 64.37 51.49 65.24 109.67 136.90

Huron Consulting Group 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 30.45 20.72 41.42 42.74 32.02

Competitive Comparison of Huron Consulting Group's EBIT

For the Consulting Services subindustry, Huron Consulting Group'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.


Huron Consulting Group's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Huron Consulting Group's EV-to-EBIT distribution charts can be found below:

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



Huron Consulting Group 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 $137 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.


Huron Consulting Group  (NAS:HURN) EBIT Explanation

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

Huron Consulting Group'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 )
=128.084 * ( 1 - -60.18% )/( (1045.632 + 980.911)/ 2 )
=205.1649512/1013.2715
=20.25 %

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))
=1262.142 - 269.082 - ( 12.149 - max(0, 302.575 - 400.46+12.149))
=980.911

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

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

Huron Consulting Group'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 )
=128.084/( ( (46.36 + max(-54.887, 0)) + (47.859 + max(-100.486, 0)) )/ 2 )
=128.084/( ( 46.36 + 47.859 )/ 2 )
=128.084/47.1095
=271.89 %

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)
=(166.33 + 0 + 32.45) - (227.27 + 26.217 + 0.18000000000001)
=-54.887

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(162.566 + 0 + 28.491) - (269.082 + 22.461 + 0)
=-100.486

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=136.898/2091.491
=6.55 %

* 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.


Huron Consulting Group EBIT Related Terms

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Huron Consulting Group (Huron Consulting Group) Business Description

Traded in Other Exchanges
Address
550 West Van Buren Street, Chicago, IL, USA, 60607
Huron Consulting Group Inc is a professional services firm. The company provides expertise in strategy, technology, operations, advisory services, & analytics through three operating segments namely Healthcare, Education, and Business Advisory. Healthcare segment helps the firms to transform and innovate the delivery model to focus on patient wellness by improving quality outcomes, minimizing care variation and fundamentally improving patient and population health, Education segment provides management consulting and technology solutions, and Business Advisory segment provides services to large and middle-market organizations, not-for-profit organizations, and private equity firms. It generates a majority of its revenue from the Healthcare Segment.
Executives
C. Mark Hussey officer: EVP, CFO and Treasurer 550 WEST VAN BUREN STREET, CHICAGO IL 60607
Debra Zumwalt director 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Ekta Singh-bushell director 9197 S. PEORIA ST., ENGLEWOOD CO 80112
James H Roth officer: Chief Executive Officer HURON CONSULTING GROUP, 550 WEST VAN BUREN STREET, CHICAGO IL 60607
John Mccartney director US ROBOTICS INC, 8100 MCCORMICK BLVD, SKOKIE IL 60076
H Eugene Lockhart director OAK HILL FARM, P.O. BOX 489, 4125 LOUISA ROAD, KESWICK VA 22947
Sawyer Hugh E Iii director 1806 BALLY BUNION DRIVE, DECATUR GA 30097
Kyle Featherstone officer: Chief Acct Officer, Controller 550 W. VAN BUREN, 17TH FLOOR, CHICAGO IL 60607
Joy Brown director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Peter Kenneth Markell director 399 REVOLUTION DRIVE, 6TH FLOOR, SUITE 670, SOMERVILLE MA 02145
John D. Kelly officer: Controller 555 WEST VAN BUREN STREET, CHICAGO IL 60607
Torain Ernest W. Jr. officer: EVP, Gen. Counsel & Corp.Sec. 550 W. VAN BUREN, 17TH FLOOR, CHICAGO IL 60607
James Ronald Dail officer: EVP, Chief Operating Officer 550 W. VAN BUREN STREET, 17TH FLOOR, CHICAGO IL 60607
George Massaro director, officer: Vice Chairman
Diane E. Ratekin officer: General Counsel, Asst. Sec. 550 WEST VAN BUREN STREET, CHICAGO IL 60607