Rockwell Automation (Rockwell Automation) EBIT

: $1,535 Mil (TTM As of Dec. 2023)

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Rockwell Automation's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $293 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,535 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rockwell Automation's annualized ROC % for the quarter that ended in Dec. 2023 was 10.02%. Rockwell Automation's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 62.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rockwell Automation's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.43%.

Rockwell Automation EBIT Historical Data

The historical data trend for Rockwell Automation'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.

Rockwell Automation Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

EBIT

999.20

1,239.60

1,620.80

1,196.80

1,743.80

Rockwell Automation Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT																502.00	387.20	506.20	348.40	292.90

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Rockwell Automation'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.

Rockwell Automation EV-to-EBIT Distribution

For the Industrial Products industry and Industrials sector, Rockwell Automation's EV-to-EBIT distribution charts can be found below:

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

Rockwell Automation 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 $1,535 Mil.

Rockwell Automation (NYSE:ROK) EBIT Explanation

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

Rockwell Automation'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 )
=	1123.6 * ( 1 - 18.07% )	/	( (8757.9	+	9609.8)	/ 2 )
=	920.56548	/	9183.85
=	10.02 %

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	))
=	11304	-	1474.3	-	( 1071.8	-	max(0, 3365.3	-	4910.8	+	1071.8	))
=	8757.9

	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	))
=	11333.3	-	1284	-	( 439.5	-	max(0, 3310.9	-	4135.9	+	439.5	))
=	9609.8

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

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

Rockwell Automation'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 )
=	1171.6	/	( ( (1033.6 + max(660.4, 0))	+	(1055.1 + max(988.1, 0)) )	/	2 )
=	1171.6	/	( ( 1694	+	2043.2 )	/	2 )
=	1171.6	/	1868.6
=	62.70 %

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)
=	(2167.4	+	1404.9	+	266.7)	-	(1474.3	+	592.5	+	1111.8)
=	660.4

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1934.9	+	1474	+	287.5)	-	(1284	+	595.3	+	829)
=	988.1

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	1534.7	/	34644.918
	=	4.43 %

Rockwell Automation EBIT Related Terms

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Rockwell Automation (Rockwell Automation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rockwell Automation Inc (NYSE:ROK) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

1ROK:Italy RWL:Germany RWL:Germany

Address

1201 South Second Street, Milwaukee, WI, USA, 53204

Website

https://www.rockwellautomation.com

Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with SLB.

Executives

Matthew W. Fordenwalt	officer: SVP Lifecycle Services	1201 S. 2ND STREET, MILWAUKEE WI 53204
Christopher Nardecchia	officer: SVP, Chief Information Officer	1201 S. 2ND STREET, MILWAUKEE WI 53204
Rebecca W House	officer: SVP, CLO and Secretary	1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Frank C Kulaszewicz	officer: SVP	C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Blake D. Moret	director, officer: President and CEO	C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
John M Miller	officer: VP and Chief IP Counsel	C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Terry L. Riesterer	officer: Vice President and Controller	1201 S. 2ND STREET, MILWAUKEE WI 53204
Nicholas C Gangestad	officer: Sr. VP and CFO	3M CENTER-OFFICE OF GENERAL COUNSEL, ST. PAUL MN 55144-1000
Veena M Lakkundi	officer: SVP, Strategy & Corp Developmt	3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Isaac Woods	officer: Vice President and Treasurer	1201 S 2ND STREET, MILWAUKEE WI 53204
Scott Genereux	officer: Sr.VP, Chief Revenue Officer	26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Brian A Shepherd	officer: Sr. VP Software and Control	1201 S 2ND STREET, MILWAUKEE WI 53204
Robert L. Buttermore	officer: SVP,Chief Supply Chain Officer	1201 S. 2ND STREET, MILWAUKEE WI 53204
Cyril Perducat	officer: SVP, Technology	1201 S. 2ND STREET, MILWAUKEE WI 53204
Tessa M. Myers	officer: SVP, Intelligent Devices	4545 W BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224