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Beyond (Beyond) EBIT : $-264 Mil (TTM As of Dec. 2023)


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What is Beyond EBIT?

Beyond's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-211 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-264 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Beyond's annualized ROC % for the quarter that ended in Dec. 2023 was -108.96%. Beyond's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,162.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Beyond's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -39.36%.


Beyond EBIT Historical Data

The historical data trend for Beyond'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.

Beyond EBIT Chart

Beyond 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 -62.41 96.72 125.10 -31.91 -264.36

Beyond 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 -61.57 -8.36 -4.25 -40.93 -210.82

Competitive Comparison of Beyond's EBIT

For the Internet Retail subindustry, Beyond'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.


Beyond's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beyond's EV-to-EBIT distribution charts can be found below:

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



Beyond 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 $-264 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.


Beyond  (NYSE:BYON) EBIT Explanation

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

Beyond'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 )
=-258.248 * ( 1 - -70.17% )/( (446.699 + 359.951)/ 2 )
=-439.4606216/403.325
=-108.96 %

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))
=770.784 - 157.747 - ( 325.435 - max(0, 209.391 - 375.729+325.435))
=446.699

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))
=635.818 - 158.189 - ( 302.605 - max(0, 232.395 - 350.073+302.605))
=359.951

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

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

Beyond'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 )
=-843.268/( ( (114.008 + max(-156.041, 0)) + (31.045 + max(-185.368, 0)) )/ 2 )
=-843.268/( ( 114.008 + 31.045 )/ 2 )
=-843.268/72.5265
=-1,162.70 %

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)
=(19.58 + 11.519 + 19.195) - (157.747 + 47.45 + 1.1379999999999)
=-156.041

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.165 + 13.04 + 15.008) - (158.189 + 49.597 + 21.795)
=-185.368

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-264.36/671.613
=-39.36 %

* 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.


Beyond EBIT Related Terms

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Beyond (Beyond) Business Description

Traded in Other Exchanges
Address
799 West Coliseum Way, Midvale, UT, USA, 84047
Beyond Inc is an online retailer that provides products and services through websites. The company offers a broad range of products, including furniture, décor, area rugs, bedding and bath, home improvement, outdoor, and kitchen and dining items, BMMG (like books, magazines, CDs), electronics, and other items. The home and garden product line account for a material part of its total revenue. The company operates through a direct business that makes sales from the company's own inventory, and a partner business that sells merchandise from manufacturers, distributors and other suppliers through the company's websites. The company generates the majority of its total revenue from partner business in terms of business format, and from the U.S. in terms of market.
Executives
Marcus Lemonis director 200 EAST BROWARD SUITE 920, FT LAUDERDALE FL 33301
Tabacco Joseph J Jr director 6350 SOUTH 3000 EAST, SALT LAKE CITY UT 84121
Nettles William Benjamin Jr director 799 WEST COLISEUM WAY, MIDVALE UT 84047
Barbara Messing director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Joel Weight officer: Chief Technology Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
Debra Sue Bollom officer: CHIEF MERCHANDISING OFFICER 799 WEST COLISEUM WAY, MIDVALE UT 84047
Eric Glen Nickle officer: VP, Legal & General Counsel 799 W COLISEUM WAY, MIDVALE UT 84047
Joanna Catherine Burkey director 799 WEST COLISEUM WAY, MIDVALE UT 84047
Barclay F Corbus director 6350 SOUTH 3000 EAST, SALT LAKE CITY UT 84121
Johnson Jonathan E Iii officer: General Counsel & VP 6322 S 300 S, STE 100, SALT LAKE CITY UT 84121
Carlisha Brown Robinson officer: Chief Product Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
Krista Jean Mathews officer: Chief Customer Officer 799 W. COLISEUM WAY, MIDVALE UT 84047
Matthew Philip Willden officer: Chief People Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
Chia-fen Angela Hsu officer: Chief Marketing Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
David J. Nielsen officer: Chief Sourcing & Oper Officer 6350 SOUTH 3000 EAST, SALT LAKE CITY UT 84121