OMV Petrom (LTS:0MA6) EBIT : lei5,705 Mil (TTM As of Mar. 2024)

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What is OMV Petrom EBIT?

OMV Petrom's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was lei1,830 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was lei5,705 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OMV Petrom's annualized ROC % for the quarter that ended in Mar. 2024 was 13.67%. OMV Petrom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 24.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OMV Petrom's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.83%.

OMV Petrom EBIT Historical Data

The historical data trend for OMV Petrom'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.

OMV Petrom EBIT Chart

OMV Petrom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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4,553.78

1,774.14

3,862.84

12,781.71

5,810.06

OMV Petrom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															1,934.77	-132.31	2,200.68	1,806.92	1,829.68

Competitive Comparison of OMV Petrom's EBIT

For the Oil & Gas Integrated subindustry, OMV Petrom'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.

OMV Petrom's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, OMV Petrom's EV-to-EBIT distribution charts can be found below:

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

OMV Petrom 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was lei5,705 Mil.

OMV Petrom (LTS:0MA6) EBIT Explanation

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

OMV Petrom's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	6389.6 * ( 1 - 16.58% )	/	( (38060.88	+	39895.3)	/ 2 )
=	5330.20432	/	38978.09
=	13.67 %

where

	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	))
=	58156.5	-	5820.04	-	( 14984.6	-	max(0, 8507.68	-	22783.26	+	14984.6	))
=	38060.88

	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	))
=	59785.63	-	4418.95	-	( 16920.61	-	max(0, 8970.57	-	24441.95	+	16920.61	))
=	39895.3

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

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

OMV Petrom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	7318.72	/	( ( (30637.14 + max(-451.32, 0))	+	(29908.69 + max(-1167.43, 0)) )	/	2 )
=	7318.72	/	( ( 30637.14	+	29908.69 )	/	2 )
=	7318.72	/	30272.915
=	24.18 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2715.3	+	3126.11	+	1957.25)	-	(5820.04	+	0	+	2429.94)
=	-451.32

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2379.42	+	3461.9	+	1680.02)	-	(4418.95	+	0	+	4269.82)
=	-1167.43

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	5704.97	/	30290.469
	=	18.83 %

OMV Petrom EBIT Related Terms

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OMV Petrom (LTS:0MA6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OMV Petrom SA (LTS:0MA6) » Definitions » EBIT

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Traded in Other Exchanges

SNP:Romania

Address

22 Coralilor Street, District 1, Bucharest, ROU, 013329

Website

https://www.omvpetrom.com

OMV Petrom SA is an integrated oil and gas company operating in Romania. The company has three segments. The exploration & Production segment consists of the exploration, development, & production of crude oil, & natural gas. The refining & Marketing segment produces & delivers gasoline, diesel & other petroleum products to its customers, while through filling stations networks offers also a variety of services & non-oil business (NOB) goods. The gas business unit, part of the Gas & Power segment, has the objective to focus on gas sales, & becoming a regional player. Business division Power, part of the Gas & Power segment, mainly extends the gas value chain into a gas-fired power plant. The majority is from Refining & marketing segment. Geographically, key revenue is from Romania.

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