GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Origin Energy Ltd (OTCPK:OGFGF) » Definitions » EBIT

Origin Energy (Origin Energy) EBIT : $1,538 Mil (TTM As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Origin Energy EBIT?

Origin Energy's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $934 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,538 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Origin Energy's annualized ROC % for the quarter that ended in Dec. 2023 was 6.55%. Origin Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 85.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Origin Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.93%.


Origin Energy EBIT Historical Data

The historical data trend for Origin Energy'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.

Origin Energy EBIT Chart

Origin Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,156.94 329.19 -1,239.30 -492.62 1,108.05

Origin Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 123.03 -613.49 507.42 603.36 934.40

Competitive Comparison of Origin Energy's EBIT

For the Oil & Gas Integrated subindustry, Origin Energy'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.


Origin Energy's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Origin Energy 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 semi-annually data reported by the company within the most recent 12 months, which was $1,538 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.


Origin Energy  (OTCPK:OGFGF) EBIT Explanation

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

Origin Energy'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=954.484 * ( 1 - 24.51% )/( (11135.571 + 10855.421)/ 2 )
=720.5399716/10995.496
=6.55 %

where

Invested Capital(Q: Jun. 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))
=12716.779 - 1444.295 - ( 624.161 - max(0, 3204.698 - 3341.611+624.161))
=11135.571

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))
=12710.174 - 1406.292 - ( 734.94 - max(0, 3064.257 - 3512.718+734.94))
=10855.421

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Origin Energy'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1868.808/( ( (2126.846 + max(-1486.577, 0)) + (2261.044 + max(-152.61, 0)) )/ 2 )
=1868.808/( ( 2126.846 + 2261.044 )/ 2 )
=1868.808/2193.945
=85.18 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(581.879 + 120.805 + 886.578) - (1444.295 + 305.369 + 1326.175)
=-1486.577

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1799.866 + 149.264 + 828.648) - (1406.292 + 256.359 + 1267.737)
=-152.61

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1537.76/12885.506
=11.93 %

* 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.


Origin Energy EBIT Related Terms

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


Origin Energy (Origin Energy) Business Description

Traded in Other Exchanges
Address
100 Barangaroo Avenue, Level 32, Tower 1, Barangaroo, Sydney, NSW, AUS, 2000
Origin Energy is a major vertically integrated Australian energy utility. Its energy retailing business is the largest in Australia, with about 4 million customers and a 33% market share. Its portfolio of base-load, intermediate, and peaking electricity plants is one of the largest in the national electricity market, with a capacity of 6,000 megawatts. Origin also operates and owns 27.5% of Australia Pacific LNG, which owns large coal seam gas fields and LNG export facilities in Queensland.

Origin Energy (Origin Energy) Headlines

From GuruFocus

Origin Energy Ltd's Dividend Analysis

By GuruFocus Research 01-10-2024