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Whole Foods Market's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2017 was $184 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2017 was $686 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Whole Foods Market's annualized ROC % for the quarter that ended in Jun. 2017 was 8.84%. Whole Foods Market's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was 21.18%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield. Whole Foods Market's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was 5.10%.
The historical data trend for Whole Foods Market'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.
Whole Foods Market Annual Data | |||||||||||||||||||||
Trend | Sep07 | Sep08 | Sep09 | Sep10 | Sep11 | Sep12 | Sep13 | Sep14 | Sep15 | Sep16 | |||||||||||
EBIT | Get a 7-Day Free Trial | 744.00 | 883.00 | 934.00 | 861.00 | 868.00 |
Whole Foods Market Quarterly Data | ||||||||||||||||||||
Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | |
EBIT | Get a 7-Day Free Trial | 208.00 | 158.00 | 171.00 | 173.00 | 184.00 |
For the Grocery Stores subindustry, Whole Foods Market'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.
For the Retail - Defensive industry and Consumer Defensive sector, Whole Foods Market's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Whole Foods Market's EV-to-EBIT falls into.
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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $686 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.
Whole Foods Market (NAS:WFM) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Whole Foods Market's annualized ROC % for the quarter that ended in Jun. 2017 is calculated as:
ROC % (Q: Jun. 2017 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Mar. 2017 ) | + | Invested Capital (Q: Jun. 2017 )) | / count ) |
= | 720 * ( 1 - 38.73% ) | / | ( (4991 | + | 4989) | / 2 ) |
= | 441.144 | / | 4990 | |||
= | 8.84 % |
where
Invested Capital | (Q: Mar. 2017 ) | |||||||||||
= | 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 | )) |
= | 6513 | - | 751 | - | ( 888 | - | max(0, 1337 | - | 2108 | + | 888 | )) |
= | 4991 |
Invested Capital | (Q: Jun. 2017 ) | |||||||||||
= | 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 | )) |
= | 6610 | - | 754 | - | ( 999 | - | max(0, 1324 | - | 2191 | + | 999 | )) |
= | 4989 |
Note: The Operating Income data used here is four times the quarterly (Jun. 2017) data.
2. Joel Greenblatt's definition of Return on Capital:
Whole Foods Market's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 is calculated as:
ROC (Joel Greenblatt) % | (Q: Jun. 2017 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Mar. 2017 | Q: Jun. 2017 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | 736 | / | ( ( (3469 + max(-115, 0)) | + | (3482 + max(-130, 0)) ) | / | 2 ) |
= | 736 | / | ( ( 3469 | + | 3482 ) | / | 2 ) |
= | 736 | / | 3475.5 | ||||
= | 21.18 % |
where Working Capital is:
Working Capital | (Q: Mar. 2017 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (255 | + | 508 | + | 457) | - | (751 | + | 0 | + | 584) |
= | -115 |
Working Capital | (Q: Jun. 2017 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (246 | + | 483 | + | 463) | - | (754 | + | 0 | + | 568) |
= | -130 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Jun. 2017) EBIT data.
3. It is also linked to Joel Greenblatt's definition of Earnings Yield:
Whole Foods Market's Earnings Yield (Joel Greenblatt) % for today is calculated as:
Earnings Yield (Joel Greenblatt) % | = | EBIT (TTM) | / | Enterprise Value (Q: Jun. 2017 ) |
= | 686 | / | 13447.370 | |
= | 5.10 % |
* 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.
Thank you for viewing the detailed overview of Whole Foods Market's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Scott F Powers | director | STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111 |
Sharon Mccollam | director | C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563 |
Ken C Hicks | director | 150 N. ORANGE GROVE BLVD, PASADENA CA 91103 |
Mary Ellen Coe | director | 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033 |
Gabrielle Sulzberger | director | 450 LEXINGTON AVENUE, FLOOR 13, NEW YORK NY 10017 |
Glenda J Flanagan | officer: Executive Vice President | 550 BOWIE STREET, AUSTIN TX 78703 |
Joseph D Mansueto | director | C/O MORNINGSTAR, INC., 225 WEST WACKER DRIVE, CHICAGO IL 60606 |
Robb Walter E Iv | director | 550 BOWIE STREET, AUSTIN TX 78703 |
Ralph Z Sorenson | director | WHOLE FOODS MARKET, INC. 550 BOWIE STREET AUSTIN TX 78703 |
William A Tindell | director | 500 FREEPORT PARKWAY, COPPELL TX 75019 |
Green Equity Investors V, L.p. | other: See General Remarks. | 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
Gei Capital V, Llc | other: See General Remarks. | 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
Green Equity Investors Side V, L.p. | other: See General Remarks. | 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
Green V Holdings, Llc | other: See General Remarks. | 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
Lgp Management Inc | other: See General Remarks. | 11111 SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025 |
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