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Retail Opportunity Investments (Retail Opportunity Investments) EBIT : $114.8 Mil (TTM As of Mar. 2024)


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What is Retail Opportunity Investments EBIT?

Retail Opportunity Investments's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $30.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $114.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Retail Opportunity Investments's annualized ROC % for the quarter that ended in Mar. 2024 was 4.12%. Retail Opportunity Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1,048.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Retail Opportunity Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.73%.


Retail Opportunity Investments EBIT Historical Data

The historical data trend for Retail Opportunity Investments'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.

Retail Opportunity Investments EBIT Chart

Retail Opportunity Investments 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 115.37 94.45 114.90 114.69 109.84

Retail Opportunity Investments 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 25.65 28.15 26.93 29.11 30.58

Competitive Comparison of Retail Opportunity Investments's EBIT

For the REIT - Retail subindustry, Retail Opportunity Investments'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.


Retail Opportunity Investments's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Retail Opportunity Investments's EV-to-EBIT distribution charts can be found below:

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



Retail Opportunity Investments 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 $114.8 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.


Retail Opportunity Investments  (NAS:ROIC) EBIT Explanation

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

Retail Opportunity Investments'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 )
=122.336 * ( 1 - 0% )/( (2974.981 + 2960.205)/ 2 )
=122.336/2967.593
=4.12 %

where

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

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

Retail Opportunity Investments'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 )
=122.336/( ( (0 + max(16.065, 0)) + (0 + max(7.265, 0)) )/ 2 )
=122.336/( ( 16.065 + 7.265 )/ 2 )
=122.336/11.665
=1,048.74 %

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)
=(61.193 + 0 + 5.47) - (50.598 + 0 + 0)
=16.065

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(60.781 + 0 + 7.291) - (60.807 + 0 + -2.8421709430404E-14)
=7.265

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:

Retail Opportunity Investments's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=114.773/3078.961
=3.73 %

* 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.


Retail Opportunity Investments EBIT Related Terms

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Retail Opportunity Investments (Retail Opportunity Investments) Business Description

Traded in Other Exchanges
N/A
Address
11250 El Camino Real, Suite 200, San Diego, CA, USA, 92130
Retail Opportunity Investments Corp is a self-managed real estate investment trust. The company specializes in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores. The Company's primary business is the ownership, management, and redevelopment of retail real estate properties.
Executives
Michael J. Indiveri director 3 MANHATTANVILLE ROAD, PURCHASE NY 10577
Laura H Pomerantz director
Lauren N. Silveira officer: VP, Chief Accounting Officer RETAIL OPPORTUNITY INVESTMENTS CORP., 11250 EL CAMINO ROAD, SUITE 200, SAN DIEGO CA 92130
Adrienne Banks Pitts director C/O RETAIL OPPORTUNITY INVESTMENTS CORP, 11250 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Zabrina Jenkins director C/O RETAIL OPPORTUNITY INVESTMENT CORP., 11250 EL CAMINO REAL. SUITE 200, SAN DIEGO CA 92130
Richard Schoebel officer: Chief Operating Officer C/O RETAIL OPPORTUNITY INVESTMENTS CORP., 3 MANHATTANVILLE ROAD, PURCHASE NY 10577
Angela K Ho director 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Eric S Zorn director 2001 S.E. 10TH STREET, BENTONVILLE AR 72712
Charles J. Persico director 112 MASON STREET, GREENWICH CT 06830
Michael B. Haines officer: EVP,CFO, TREASURER & SECRETARY 8905 TOWNE CENTRE DRIVE, SUITE 108, SAN DIEGO CA 92122
Richard A. Baker director, 10 percent owner, officer: Executive Chairman 3 MANHATTANVILLE ROAD, PURCHASE NY 10577
Edward H Meyer director C/O OCEAN ROAD ADVISORS INC, 650 MADISON AVENUE, 26TH FL, NEW YORK NY 10022
Laurie A. Sneve officer: Sr.VP,Chief Accounting Officer 8905 TOWNE CENTRE DRIVE, SUITE 108, SAN DIEGO CA 92122
Glenhill Advisors Llc 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenhill Capital Overseas Master Fund, L.p. 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020