LSEAW (Landsea Homes) EBIT : $38.00 Mil (TTM As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Landsea Homes EBIT?

Landsea Homes's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was $9.96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $38.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Landsea Homes's annualized ROC % for the quarter that ended in Jun. 2024 was 2.25%. Landsea Homes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 3.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Landsea Homes EBIT Historical Data

The historical data trend for Landsea Homes'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.

Landsea Homes EBIT Chart

Landsea Homes Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

38.05

4.17

59.49

108.29

40.28

Landsea Homes Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
EBIT	Get a 7-Day Free Trial														6.35	11.89	17.26	-1.11	9.96

Competitive Comparison of Landsea Homes's EBIT

For the Real Estate - Development subindustry, Landsea Homes'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.

Landsea Homes's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Landsea Homes's EV-to-EBIT distribution charts can be found below:

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

Landsea Homes 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.00 Mil.

Landsea Homes (NAS:LSEAW) EBIT Explanation

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

Landsea Homes's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2024 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	39.832 * ( 1 - 29.75% )	/	( (1140.182	+	1344.839)	/ 2 )
=	27.98198	/	1242.5105
=	2.25 %

where

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	1543.377	-	281.703	-	( 121.492	-	max(0, 629.94	-	1340.92	+	121.492	))
=	1140.182

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	1742.91	-	315.921	-	( 82.15	-	max(0, 315.921	-	1460.955	+	82.15	))
=	1344.839

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

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

Landsea Homes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2024		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	39.832	/	( ( (0 + max(933.263, 0))	+	(0 + max(1283.97, 0)) )	/	2 )
=	39.832	/	( ( 933.263	+	1283.97 )	/	2 )
=	39.832	/	1108.6165
=	3.59 %

where Working Capital is:

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	1196.506	+	18.46)	-	(281.703	+	0	+	0)
=	933.263

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	1350.165	+	24.071)	-	(315.921	+	0	+	-225.655)
=	1283.97

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	38.001	/	0.000
	=	%

Landsea Homes EBIT Related Terms

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

Landsea Homes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Landsea Homes Corp (NAS:LSEAW) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

LSEA:USA 8HJ:Germany

Address

1717 McKinney Avenue, Suite 1000, dallas, TX, USA, 75202

Website

https://www.landseahomes.com

Landsea Homes Corp is a homebuilding company. It designs and builds homes and sustainable master-planned communities in some of the nation's desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from home sales in Florida.