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Viad (VVI) EBIT : $95 Mil (TTM As of Dec. 2023)


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What is Viad EBIT?

Viad's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $95 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Viad's annualized ROC % for the quarter that ended in Dec. 2023 was 2.59%. Viad's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Viad's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.48%.


Viad EBIT Historical Data

The historical data trend for Viad'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.

Viad EBIT Chart

Viad 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 40.31 -342.97 -66.76 69.51 91.05

Viad 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 4.68 -5.51 29.11 71.43 0.18

Competitive Comparison of Viad's EBIT

For the Specialty Business Services subindustry, Viad'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.


Viad's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Viad's EV-to-EBIT distribution charts can be found below:

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



Viad 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 $95 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.


Viad  (NYSE:VVI) EBIT Explanation

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

Viad'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 )
=18.048 * ( 1 - -48.29% )/( (1036.228 + 1032.443)/ 2 )
=26.7633792/1034.3355
=2.59 %

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))
=1200.544 - 112.897 - ( 106.268 - max(0, 266.931 - 318.35+106.268))
=1036.228

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))
=1137.322 - 98.898 - ( 52.704 - max(0, 229.796 - 235.777+52.704))
=1032.443

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

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

Viad'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 )
=0.712/( ( (684.135 + max(-32.081, 0)) + (702.665 + max(-21.688, 0)) )/ 2 )
=0.712/( ( 684.135 + 702.665 )/ 2 )
=0.712/693.4
=0.10 %

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)
=(134.997 + 10.697 + 66.111) - (112.897 + 82.398 + 48.591)
=-32.081

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(128.019 + 10.153 + 44.231) - (98.898 + 52.98 + 52.213)
=-21.688

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=95.2/1272.270
=7.48 %

* 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.


Viad EBIT Related Terms

Thank you for viewing the detailed overview of Viad's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Viad (VVI) Business Description

Traded in Other Exchanges
N/A
Address
7000 East 1st Avenue, Scottsdale, AZ, USA, 85251-4304
Viad Corp is a marketing company engaged in providing extraordinary experiences, including hospitality and leisure activities, experiential marketing, and live events. It has three segments; Pursuit includes a collection of inspiring and unforgettable travel experiences that includes recreational attractions, hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services, Spiro includes a marketing agency that partners with brands around the world to manage and elevate their experiential marketing activities, and GES Exhibitions is an exhibition services company that partners with exhibition and conference organizers as a full-service provider of strategic and logistics solutions to manage the complexity of their shows.
Executives
Jonathan A. Massimino officer: General Counsel & Corporate Se C/O VIAD CORP, 7000 EAST 1ST AVENUE, SCOTTSDALE AZ 85251
Joshua Schechter director C/O THE PANTRY, INC., 305 GREGSON DRIVE, CARY NC 27511
Lavalley Sung-chul Patrick Thomas director C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Jeffrey A. Stelmach officer: President, Brand Experience 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Steven W Moster director, officer: President & Chief Executive Of 7000 E. 1ST AVE., SCOTTSDALE AZ 85251
Beverly K Carmichael director 305 HARTMANN DRIVE, LEBANON TN 37087
Ellen M Ingersoll officer: Chief Financial Offi, cer 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Andrew B Benett director 1850 N CENTRAL AVENUE, SUITE 1900, PHOENIX AZ 85004-4565
David W Barry officer: President - Pursuit 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Leslie S Striedel officer: Chief Accounting Officer 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Crestview Advisors, L.l.c. director, 10 percent owner 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Partners Iv Gp, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iv Vc Te Holdings, Llc director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iv Vc Holdings, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iv Vc Ci Holdings, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022

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