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Marvell Technology (Marvell Technology) EBIT : $-547 Mil (TTM As of Jan. 2024)


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What is Marvell Technology EBIT?

Marvell Technology's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-547 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Marvell Technology's annualized ROC % for the quarter that ended in Jan. 2024 was -0.70%. Marvell Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -9.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Marvell Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -0.86%.


Marvell Technology EBIT Historical Data

The historical data trend for Marvell Technology'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.

Marvell Technology EBIT Chart

Marvell Technology Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 884.01 -252.90 -344.20 255.70 -547.00

Marvell Technology Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 26.10 -179.60 -197.80 -134.90 -34.70

Competitive Comparison of Marvell Technology's EBIT

For the Semiconductors subindustry, Marvell Technology'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.


Marvell Technology's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Marvell Technology's EV-to-EBIT distribution charts can be found below:

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



Marvell Technology 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-547 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.


Marvell Technology  (NAS:MRVL) EBIT Explanation

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

Marvell Technology's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-30 * ( 1 - -349.83% )/( (19681.7 + 19014.3)/ 2 )
=-134.949/19348
=-0.70 %

where

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

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

Marvell Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-138.8/( ( (911.7 + max(503.8, 0)) + (959.6 + max(444.4, 0)) )/ 2 )
=-138.8/( ( 1415.5 + 1404 )/ 2 )
=-138.8/1409.75
=-9.85 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1214.6 + 941.5 + 91.5) - (1307.1 + 74.1 + 362.6)
=503.8

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1121.6 + 864.4 + 125.9) - (1263.4 + 64.9 + 339.2)
=444.4

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

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

Marvell Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=-547/63741.420
=-0.86 %

* 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.


Marvell Technology EBIT Related Terms

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Marvell Technology (Marvell Technology) Business Description

Address
1000 N. West Street, Suite 1200, Wilmington, DE, USA, 19801
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Executives
Matthew J Murphy director, officer: CEO and President MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Chris Koopmans officer: EVP, Chief Operations Officer 5488 MARVELL LANE, SANTA CLARA CA 94061
Ford Tamer director 3945 FREEDOM CIRCLE SUITE 1100, SANTA CLARA CA 95054
Willem A Meintjes officer: SVP, Chief Accounting Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Mitchell Gaynor officer: EVP, CALO MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Loi Nguyen officer: Executive Vice President 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Michael G Strachan director LSI CORPORATION, 1621 BARBER LANE, MILPITAS CA 95035
Dan Christman officer: EVP, Storage Business Group 5488 MARVELL LANE, SANTA CLARA CA 95054
Sandeep Bharathi officer: Chief Development Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Jarnac Dean E Jr. officer: EVP Worldwide Sales 5488 MARVELL LANE, SANTA CLARA CA 95054
Muhammad Raghib Hussain officer: President, Products & Tech 5488 MARVELL LANE, SANTA CLARA CA 95054
Panteha Dixon officer: Chief Accounting Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Nariman Yousefi officer: Executive Vice President 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Rebecca W House director 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Sara C Andrews director C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210