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RPC (RES) EBIT : $199 Mil (TTM As of Mar. 2024)


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What is RPC EBIT?

RPC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $36 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $199 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RPC's annualized ROC % for the quarter that ended in Mar. 2024 was 10.16%. RPC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. RPC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 15.49%.


RPC EBIT Historical Data

The historical data trend for RPC'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.

RPC EBIT Chart

RPC 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 -112.77 -309.06 18.38 290.25 256.58

RPC 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 93.27 85.70 24.97 52.65 36.08

Competitive Comparison of RPC's EBIT

For the Oil & Gas Equipment & Services subindustry, RPC'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.


RPC's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, RPC's EV-to-EBIT distribution charts can be found below:

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



RPC 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 $199 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.


RPC  (NYSE:RES) EBIT Explanation

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

RPC'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 )
=124.54 * ( 1 - 23.38% )/( (935.163 + 943.564)/ 2 )
=95.422548/939.3635
=10.16 %

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))
=1286.845 - 128.372 - ( 223.31 - max(0, 151.857 - 727.073+223.31))
=935.163

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))
=1297.233 - 141.47 - ( 212.199 - max(0, 150.036 - 713.334+212.199))
=943.564

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

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

RPC'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 )
=144.324/( ( (460.712 + max(313.81, 0)) + (484.125 + max(312.824, 0)) )/ 2 )
=144.324/( ( 774.522 + 796.949 )/ 2 )
=144.324/785.7355
=18.37 %

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)
=(331.346 + 110.904 + 15.675) - (128.372 + 15.743 + 0)
=313.81

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(329.654 + 112.306 + 12.906) - (141.47 + 0.572 + 0)
=312.824

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=199.392/1287.633
=15.49 %

* 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.


RPC EBIT Related Terms

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RPC (RES) Business Description

Traded in Other Exchanges
Address
2801 Buford Highway NE, Suite 300, Atlanta, GA, USA, 30329
RPC Inc is an oilfield services company. It provides specialized oilfield services and equipment primarily to independent and major oil and gas companies engaged in the exploration, production, and development of oil and gas properties throughout the United States. The company's operating segment includes Technical Services and Support Services. It generates maximum revenue from the Technical Services segment. Technical Services segment consists primarily of pressure pumping, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, and fishing. Support Services segment consists primarily of drill pipe and related tools, pipe handling, pipe inspection and storage services, and oilfield training and consulting services.
Executives
Gary W. Rollins Voting Trust U/a Dated September 14, 1994 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY, NE, ATLANTA GA 30329
Amy Rollins Kreisler director 2801 BUFORD HIGHWAY, NE, SUITE 520, ATLANTA GA 30329
Timothy Curtis Rollins director 2801 BUFORD HIGHWAY, NE, SUITE 520, ATLANTA GA 30329
Pam R Rollins director 2170 PIEDMONT ROAD, ATLANTA GA 30324
Gary W Rollins director, 10 percent owner 2170 PIEDMONT ROAD NE, ATLANTA GA 30324
Lor Inc 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Michael Schmit officer: CFO and Corporate Secretary 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
John F Wilson director 2170 PIEDMONT ROAD, NE, ATLANTA GA 30324
Rollins Holding Company, Inc. 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Ben M Palmer officer: VP, CFO and Treasurer C/O MARINE PRODUCTS CORP, 2170 PIEDMONT RD, NE, ATLANTA GA 30324
Patrick J. Gunning director 1958 CALDER COURT, DUNWOODY GA 30338
Susan R. Bell director 852 CASTLE FALLS DR., ATLANTA GA 30329
Harry J Cynkus director 2170 PIEDMONT RD, ATLANTA GA 30324
Jerry W Nix director 2999 WILDWOOD PARKWAY, ATLANTA GA 30339
R. Randall Rollins 2012 Trust 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY, NE, ATLANTA GA 30329