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Orion Group Holdings (Orion Group Holdings) EBIT : $-5.9 Mil (TTM As of Dec. 2023)


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What is Orion Group Holdings EBIT?

Orion Group Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-5.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Orion Group Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 7.89%. Orion Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Orion Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.80%.


Orion Group Holdings EBIT Historical Data

The historical data trend for Orion Group Holdings'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.

Orion Group Holdings EBIT Chart

Orion Group Holdings 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 3.32 27.12 -8.98 -7.73 -5.89

Orion Group Holdings 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 -3.37 -10.32 2.33 2.63 -0.53

Competitive Comparison of Orion Group Holdings's EBIT

For the Engineering & Construction subindustry, Orion Group Holdings'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.


Orion Group Holdings's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Orion Group Holdings's EV-to-EBIT distribution charts can be found below:

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



Orion Group Holdings 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 $-5.9 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.


Orion Group Holdings  (NYSE:ORN) EBIT Explanation

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

Orion Group Holdings'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 )
=23.052 * ( 1 - 3.22% )/( (296.499 + 269.251)/ 2 )
=22.3097256/282.875
=7.89 %

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))
=416.893 - 116.704 - ( 30.938 - max(0, 215.916 - 271.816+30.938))
=269.251

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

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

Orion Group Holdings'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 )
=-2.1/( ( (137.56 + max(48.181, 0)) + (137.132 + max(-25.917, 0)) )/ 2 )
=-2.1/( ( 185.741 + 137.132 )/ 2 )
=-2.1/161.4365
=-1.30 %

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)
=(166.72 + 2.885 + 6.073) - (79.842 + 47.655 + 2.8421709430404E-14)
=48.181

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(143.273 + 2.699 + 8.8939999999999) - (116.704 + 64.079 + 0)
=-25.917

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-5.886/327.411
=-1.80 %

* 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.


Orion Group Holdings EBIT Related Terms

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Orion Group Holdings (Orion Group Holdings) Business Description

Traded in Other Exchanges
Address
12000 Aerospace Avenue, Suite 300, Houston, TX, USA, 77034
Orion Group Holdings Inc is a specialty construction company serving the infrastructure, industrial, and building sectors, providing services both on and off the water in the continental United States, Alaska, Canada and the Caribbean Basin through its marine segment and its concrete segment. Its marine segment provides construction and dredging services relating to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. Its concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar, and mesh across the light commercial, structural and other associated business areas.
Executives
Austin J Shanfelter director 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Gordon Scott Thanisch officer: EVP AND CFO 12000 AEROSPACE AVE, SUITE 300, HOUSTON TX 77034
Travis J Boone director, officer: PRESIDENT & CEO 12000 AEROSPACE AVE, SUITE 300, HOUSTON TX 77034
Smith Quentin P. Jr. director 10361 N. 117TH PLACE, SCOTTSDALE AZ 85259
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Margaret M Foran director
Mary E Sullivan director 5313 JAVELINA DR, CORPUS CHRISTI TX 78413
Richard L. Daerr director 12550 FUQUA ST., HOUSTON TX 77034
Mark R. Stauffer officer: VP and Chief Financial Officer 12550 FUQUA, HOUSTON TX 77034
Robert L Tabb officer: VP and Chief Financial Officer 12000 AEROSPACE SUITE 300, HOUSTON TX 77034
James Michael Pearson director, officer: Chief Executive Officer
Peter R. Buchler officer: Vice President, Genl Counsel, other: Corporate Secretary 12000 AEROSPACE DR., SUITE 300, HOUSTON TX 77034
Christopher James Dealmeida officer: VP Finance & Accounting 1817 W 4TH STREET, TEMPE AZ 85281
Larry Dwayne Breaux officer: Chief Operating Officer 17403 SHOAL LAKE LN, HOUSTON TX 77095
Gene G Stoever director 5415 GRAYSTONE LANE, HOUSTON TX 77069