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Tempur Sealy International (Tempur Sealy International) EBIT : $604 Mil (TTM As of Dec. 2023)


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What is Tempur Sealy International EBIT?

Tempur Sealy International's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $119 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $604 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tempur Sealy International's annualized ROC % for the quarter that ended in Dec. 2023 was 10.16%. Tempur Sealy International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 26.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tempur Sealy International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.06%.


Tempur Sealy International EBIT Historical Data

The historical data trend for Tempur Sealy International'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.

Tempur Sealy International EBIT Chart

Tempur Sealy International 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 351.20 529.40 890.30 680.20 604.00

Tempur Sealy International 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 145.20 143.20 159.00 183.30 118.50

Competitive Comparison of Tempur Sealy International's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Tempur Sealy International'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.


Tempur Sealy International's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Tempur Sealy International's EV-to-EBIT distribution charts can be found below:

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



Tempur Sealy International 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 $604 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.


Tempur Sealy International  (NYSE:TPX) EBIT Explanation

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

Tempur Sealy International'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 )
=449.2 * ( 1 - 11.3% )/( (3858.2 + 3982.3)/ 2 )
=398.4404/3920.25
=10.16 %

where

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

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

Tempur Sealy International'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 )
=474/( ( (1434.9 + max(279.9, 0)) + (1514.8 + max(284.6, 0)) )/ 2 )
=474/( ( 1714.8 + 1799.4 )/ 2 )
=474/1757.1
=26.98 %

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)
=(525.8 + 485.5 + 144.8) - (596.3 + 64.1 + 215.8)
=279.9

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(431.4 + 483.1 + 113.8) - (496.7 + 53.3 + 193.7)
=284.6

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:

Tempur Sealy International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=604/11925.860
=5.06 %

* 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.


Tempur Sealy International EBIT Related Terms

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Tempur Sealy International (Tempur Sealy International) Business Description

Traded in Other Exchanges
Address
1000 Tempur Way, Lexington, KY, USA, 40511
Tempur Sealy International Inc is one of the world's largest bedding providers. The firm develops and distributes bedding products globally through its North America and international segments (Europe, Asia Pacific, and Latin America). Tempur Sealy's products are divided into the bedding and other product categories. The bedding category comprises the majority of net sales. The primary distribution channels of the company within each segment are retail (including furniture and bedding retailers, department stores, and warehouse clubs) and other (including e-commerce platforms, company-owned stores, and third-party distributors). The majority of net sales is derived from retail. Some major brands of the firm include Tempur, Tempur-Pedic, Sealy, and Stearns and Foster.
Executives
Evelyn S Dilsaver director C/O LONGS DRUG STORES CORPORATION, 141 NORTH CIVIC DRIVE, WALNUT CREEK CA 94596
Hansbart Wijnand officer: EVP, INTERNATIONAL 1000 TEMPUR WAY, LEXINGTON KY 40511
David Montgomery officer: Exec VP, Pres of Intl Ops TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
Bhaskar Rao officer: CAO & VP of Strategic Planning TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
Simon Dyer director 1000 TEMPUR WAY, LEXINGTON KY 40511
Meredith R. Siegfried director C/O SKYWEST, INC., 444 S RIVER ROAD, ST. GEORGE UT 84790
Scott L Thompson director, officer: Chairman, President and CEO 950 ECHO LN STE 100, HOUSTON TX 77024
Thomas A. Murray officer: EVP, CMO U.S. C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Buster H Clifford Iii officer: EVP, Direct to Consumer 1000 TEMPUR WAY, LEXINGTON KY 74135
Scott Vollet officer: EVP, Global Operations 1000, TEMPUR WAY, LEXINGTON KY 40511
Trussell Robert B Jr director TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
Steven H Rusing officer: President, U.S. Sales C/O SEALY CORPORATION, ONE OFFICE PARKWAY, TRINITY NC 27370
Arik W Ruchim director 600 CORPORATION DRIVE, PENDLETON IN 46064
Richard W Neu director 1100 WILSON BOULEVARD, SUITE 3000, ARLINGTON VA 22209
John Heil director VCA ANTECH INC, 12401 WEST OLYMPIC BLVD, LOS ANGELES CA 90064