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Distribution Solutions Group (Distribution Solutions Group) EBIT : $41 Mil (TTM As of Dec. 2023)


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What is Distribution Solutions Group EBIT?

Distribution Solutions Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Distribution Solutions Group's annualized ROC % for the quarter that ended in Dec. 2023 was -0.11%. Distribution Solutions Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Distribution Solutions Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.88%.


Distribution Solutions Group EBIT Historical Data

The historical data trend for Distribution Solutions 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.

Distribution Solutions Group EBIT Chart

Distribution Solutions 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 10.28 21.44 12.00 37.24 40.77

Distribution Solutions 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 7.33 15.69 13.05 12.32 -0.29

Competitive Comparison of Distribution Solutions Group's EBIT

For the Industrial Distribution subindustry, Distribution Solutions 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.


Distribution Solutions Group's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Distribution Solutions Group's EV-to-EBIT distribution charts can be found below:

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



Distribution Solutions 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 $41 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.


Distribution Solutions Group  (NAS:DSGR) EBIT Explanation

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

Distribution Solutions 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 )
=-1.156 * ( 1 - -25.55% )/( (1390.578 + 1348.297)/ 2 )
=-1.451358/1369.4375
=-0.11 %

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))
=1595.968 - 124.934 - ( 80.456 - max(0, 249.907 - 689.577+80.456))
=1390.578

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))
=1550.331 - 118.103 - ( 83.931 - max(0, 242.015 - 657.33+83.931))
=1348.297

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

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

Distribution Solutions 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 )
=-1.16/( ( (218.06 + max(404.79, 0)) + (214.726 + max(377.484, 0)) )/ 2 )
=-1.16/( ( 622.85 + 592.21 )/ 2 )
=-1.16/607.53
=-0.19 %

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)
=(238.543 + 313.337 + 57.241) - (124.934 + 17.597 + 61.8)
=404.79

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(213.448 + 315.984 + 43.967) - (118.103 + 8.323 + 69.489)
=377.484

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=40.767/2169.639
=1.88 %

* 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.


Distribution Solutions Group EBIT Related Terms

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Distribution Solutions Group (Distribution Solutions Group) Business Description

Traded in Other Exchanges
Address
8770 W. Bryn Mawr Avenue, Suite 900, Chicago, IL, USA, 60631
Distribution Solutions Group Inc is an industrial distributor of maintenance and repair supplies. It has three operating segments namely Lawson, TestEquity, and Gexpro Services, of which key revenue is derived from the TestEquity segment. The TestEquity segment is a distributor of test and measurement equipment and solutions, electronic production supplies, and tool kits from its leading manufacturer partners supporting the technology, aerospace, defense, automotive, electronics, education, and medical industries.
Executives
Cesar Lanuza officer: President and CEO 8770 W. BYRN MAWR AVE. SUITE 900, C/O LAWSON PRODUCTS, CHICAGO IL 60634
Lkcm Headwater Investments Iv, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Robert Zamarripa director 8770 W. BYRN MAWR AVE. SUITE 900, C/O DISTRIBUTION SOLUTIONS GROUP, INC., CHICAGO IL 60631
Robert R Connors officer: See Remarks POST OFFICE 792, MUNCIE IN 47308-0792
Russ Frazee officer: See Remarks 8770 W. BYRN MAWR AVE. SUITE 900, C/O LAWSON PRODUCTS, CHICAGO IL 60634
King Luther Capital Management Corp 10 percent owner 301 COMMERCE SUITE 1600, FORT WORTH TX 76102
301 Hw Opus Investors, Llc 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Te Investors, Llc 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Headwater Ii Sidecar Partnership, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Headwater Investments Iii, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
David S Lambert officer: VP, Controller and CAO 770 W. BRYN MAWR AVE., SUITE 900, CHICAGO IL 60631
Bianca Rhodes director 8770 W. BRYN MAWR AVE. SUITE 900, C/O LAWSON PRODUCTS, CHICAGO IL 60622
Richard D Pufpaf officer: SVP and General Counsel 8770 W. BRYN MAWR AVE. SUITE 900, CHICAGO IL 60631
Matthew Jay Brown officer: SVP, Sales C/O LAWSON PRODUCTS, INC., 8770 WEST BRYN MAWR AVE, SUITE 900, CHICAGO IL 60631
Shane Mccarthy officer: SVP, Operations C/O LAWSON PRODUCTS, INC., 8770 WEST BRYN MAWR AVENUE, SUITE 900, CHICAGO IL 60631