GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Enpro Inc (NYSE:NPO) » Definitions » EBIT

Enpro (NPO) EBIT

: $83 Mil (TTM As of Dec. 2023)
View and export this data going back to 2002. Start your Free Trial

Enpro's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $83 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Enpro's annualized ROC % for the quarter that ended in Dec. 2023 was -2.00%. Enpro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 25.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Enpro's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.34%.


Enpro EBIT Historical Data

The historical data trend for Enpro'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.

Enpro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.90 -7.00 82.20 63.90 82.70

Enpro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT 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 Premium Member Only Premium Member Only Premium Member Only -45.10 45.80 -16.20 33.70 19.40

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Enpro'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.


Enpro EV-to-EBIT Distribution

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

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



Enpro 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 $83 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.


Enpro  (NYSE:NPO) EBIT Explanation

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

Enpro'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 )
=82 * ( 1 - 148.39% )/( (2006.5 + 1959.6)/ 2 )
=-39.6798/1983.05
=-2.00 %

where

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

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

Enpro'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 )
=77.6/( ( (186 + max(129.7, 0)) + (193.8 + max(102.2, 0)) )/ 2 )
=77.6/( ( 315.7 + 296 )/ 2 )
=77.6/305.85
=25.37 %

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)
=(119.5 + 145.9 + 41.3) - (165 + 0 + 12)
=129.7

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(116.7 + 142.6 + 21.2) - (170.1 + 0 + 8.2)
=102.2

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=82.7/3534.176
=2.34 %

* 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.


Enpro EBIT Related Terms

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


Enpro (NPO) Business Description

Traded in Other Exchanges
Address
5605 Carnegie Boulevard, Suite 500, Charlotte, NC, USA, 28209
Enpro Inc formerly EnPro Industries Inc is a United States-based company that designs, develops, manufactures, and markets proprietary engineered industrial products. The company operates through three segments: Sealing Technologies, which manufactures and markets sealing products, wheel-end components & systems, and others; Advanced Surface Technologies manufactures wafer processing sub-systems, thin-film coatings, optical filters, and other services like cleaning, coating, testing, refurbishment, and verification services; Engineered Materials manufactures components for reciprocating compressors & engines, metal-polymer, engineered plastics, composite bearing products, and others. Its geographical segments are United States, Europe, and other foreign countries.
Executives
Steven R. Bower officer: Vice President 5605 CARNEGIE BLVD. SUITE 500, CHARLOTTE NC 28209
Meredith Manz officer: SVP & CHRO 5605 CARNEGIE BOULEVARD, SUITE 500, CHARLOTTE NC 28209
Eric A. Vaillancourt officer: division president 5605 CARNEGIE BLVD. SUITE 500, CHARLOTTE NC 28209
Ronald C Keating director EVOQUA WATER TECHNOLOGIES CORP., 210 SIXTH AVENUE, PITTSBURGH PA 15222
Childress John M Ii officer: VP Strategic Planning&Bus C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209
William Abbey director 5605 CARNEGIE BOULEVARD, SUITE 500, CHARLOTTE NC 28209
Felix M. Brueck director 5605 CARNEGIE BLVD. SUITE 500, CHARLOTTE NC 28209
Judith A Reinsdorf director C. R. BARD, INC., 730 CENTRAL AVENUE, MURRAY HILL NJ 07974
Thomas M. Botts director 5605 CARNEGIE BLVD. SUITE 500, CHARLOTTE NC 28209
John Humphrey director ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209
Jerry Lavell Johnson officer: SVP, Strategy, Corp Dev & IR 512 HERNDON PARKWAY, SUITE A, HERNDON VA 20170
Ron Angelillo officer: VP, Tax 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209
Stephen E. Macadam director, officer: President and CEO C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Adele M. Gulfo director ONE NEENAH CENTER, 4TH FLOOR, P.O. BOX 669, NEENAH WI 54957
Jon D. Rickers officer: VP, HR 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209

Enpro (NPO) Headlines

From GuruFocus

Enpro Reports Second Quarter 2023 Results

By Business Wire 08-08-2023

Enpro Declares Regular Quarterly Dividend

By Business Wire Business Wire 07-27-2022

Paradice Investment Management LLC Buys 1, Sells 4 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-08-2023

Enpro Declares Regular Quarterly Dividend

By Business Wire 10-25-2023

Enpro Declares Regular Quarterly Dividend

By Business Wire Business Wire 10-26-2022