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Pebblebrook Hotel Trust (Pebblebrook Hotel Trust) EBIT : $29 Mil (TTM As of Mar. 2024)


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What is Pebblebrook Hotel Trust EBIT?

Pebblebrook Hotel Trust's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pebblebrook Hotel Trust's annualized ROC % for the quarter that ended in Mar. 2024 was -0.36%. Pebblebrook Hotel Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pebblebrook Hotel Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.68%.


Pebblebrook Hotel Trust EBIT Historical Data

The historical data trend for Pebblebrook Hotel Trust'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.

Pebblebrook Hotel Trust EBIT Chart

Pebblebrook Hotel Trust 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 222.26 -299.49 -99.42 -1.18 33.94

Pebblebrook Hotel Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.53 73.88 -27.40 -16.08 -1.53

Competitive Comparison of Pebblebrook Hotel Trust's EBIT

For the REIT - Hotel & Motel subindustry, Pebblebrook Hotel Trust'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.


Pebblebrook Hotel Trust's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Pebblebrook Hotel Trust's EV-to-EBIT distribution charts can be found below:

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



Pebblebrook Hotel Trust 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $29 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.


Pebblebrook Hotel Trust  (NYSE:PEB) EBIT Explanation

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

Pebblebrook Hotel Trust's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-21.436 * ( 1 - -0.17% )/( (6124.294 + 5710.265)/ 2 )
=-21.4724412/5917.2795
=-0.36 %

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))
=5824.973 - 257.336 - ( 183.747 - max(0, 794.21 - 237.553+183.747))
=6124.294

Invested Capital(Q: Mar. 2024 )
=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))
=5697.951 - 269.268 - ( 56.707 - max(0, 400.49 - 118.908+56.707))
=5710.265

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

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

Pebblebrook Hotel Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.112/( ( (0 + max(-280.404, 0)) + (0 + max(-294.941, 0)) )/ 2 )
=-6.112/( ( 0 + 0 )/ 2 )
=-6.112/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(43.912 + 0 + 9.894) - (257.336 + 76.874 + 0)
=-280.404

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(53.934 + 0 + 8.267) - (269.268 + 87.874 + 0)
=-294.941

When net working capital is negative, 0 is used.

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

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

Pebblebrook Hotel Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=28.873/4273.601
=0.68 %

* 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.


Pebblebrook Hotel Trust EBIT Related Terms

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Pebblebrook Hotel Trust (Pebblebrook Hotel Trust) Business Description

Traded in Other Exchanges
Address
4747 Bethesda Avenue, Suite 1100, Bethesda, MD, USA, 20814
Pebblebrook Hotel Trust currently owns upper-upscale and luxury hotels with 12,134 rooms across 47 hotels in the United States. Pebblebrook acquired LaSalle Hotel Properties, which owned 10,451 rooms across 41 U.S. hotels, in December 2018, though management has sold many of those hotels over the past few years. Pebblebrook's portfolio consists mostly of independent hotels with no brand affiliations, though the combined company does own and operate some hotels under Marriott, Starwood, InterContinental, Hilton, and Hyatt brands.
Executives
Jon E Bortz director, 10 percent owner, officer: Chairman, President and CEO 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Phillip M. Miller director 2 BETHESDA METRO CENTER, SUITE 1530, BETHESDA MD 20814
Raymond D Martz officer: Executive VP, and CFO 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Thomas Charles Fisher officer: CIO 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Bonny W Simi director 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Cydney Donnell director MAYS BUSINESS SCHOOL AT TEXAS A&M UNIV, DEPARTMENT OF FINANCE, 306 WEHNER BLDG, COLLEGE STATION TX 77843-4218
Ron E. Jackson director 10319 WESTLAKE DRIVE, SUITE 112, BETHESDA MD 20817
Michael J Schall director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Martin H. Nesbitt director 10319 WESTLAKE DRIVE, SUITE 112, BETHESDA MD 20817
Laura Wright director 2702 LOVE FIELD DRIVE, P.O. BOX 36611, DALLAS TX 75235-1611
Earl E Webb director AVISON YOUNG, 400 SKOKIE BLVD., SUITE 825, NORTHBROOK IL 60062