GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Olaplex Holdings Inc (NAS:OLPX) » Definitions » EBIT

Olaplex Holdings (Olaplex Holdings) EBIT : $123.7 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Olaplex Holdings EBIT?

Olaplex Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $24.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $123.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Olaplex Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was 4.84%. Olaplex Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 111.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Olaplex Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.48%.


Olaplex Holdings EBIT Historical Data

The historical data trend for Olaplex Holdings'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.

Olaplex Holdings EBIT Chart

Olaplex Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
60.34 85.90 336.76 349.19 134.67

Olaplex Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 39.18 18.16 35.77 44.94 24.87

Competitive Comparison of Olaplex Holdings's EBIT

For the Specialty Retail subindustry, Olaplex Holdings'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.


Olaplex Holdings's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Olaplex Holdings's EV-to-EBIT distribution charts can be found below:

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



Olaplex Holdings 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 $123.7 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.


Olaplex Holdings  (NAS:OLPX) EBIT Explanation

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

Olaplex Holdings'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 )
=78.468 * ( 1 - 25.3% )/( (1225.598 + 1197.102)/ 2 )
=58.615596/1211.35
=4.84 %

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))
=1753.371 - 48.763 - ( 507.506 - max(0, 59.726 - 639.497+507.506))
=1197.102

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

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

Olaplex Holdings'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 )
=99.492/( ( (0.93 + max(97.405, 0)) + (1.241 + max(79.015, 0)) )/ 2 )
=99.492/( ( 98.335 + 80.256 )/ 2 )
=99.492/89.2955
=111.42 %

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)
=(40.921 + 95.922 + 9.9530000000001) - (48.34 + 1.051 + -7.105427357601E-15)
=97.405

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.807 + 94.643 + 11.541) - (48.763 + 1.067 + 3.146)
=79.015

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=123.742/1305.024
=9.48 %

* 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.


Olaplex Holdings EBIT Related Terms

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


Olaplex Holdings (Olaplex Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1187 Coast Village Road, Suite 1-520, Santa Barbara, CA, USA, 93108
Olaplex Holdings Inc is a science-enabled, technology-driven beauty company. It offers science-backed solutions that improve hair health. It identifies consumers' most relevant haircare concerns in collaboration with the community of professional hairstylists and consumers and strives to address them through its proprietary technology and innovation capabilities. It offers products through a global omnichannel platform serving the professional, specialty retail, and DTC channels. The company derives its revenue through the sale of its specialty hair care products.
Executives
John P Bilbrey director
Advent International Gp, Llc director, 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
David M Mussafer director C/O ADVENT INTERNATIONAL CORP, 75 STATE ST 29TH FLOOR, BOSTON MA 02104
Tricia Glynn director C/O ADVENT INERNATIONAL CORPORATION, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Michael James White director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Eric Tiziani officer: Chief Financial Officer 1187 COAST VILLAGE ROAD, SUITE 1-520, SANTA BARBARA CA 93108
Kristi A Belhumeur officer: See Remarks 6312 S FIDDLERS GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111
Morfitt Martha A M director P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Advent International Corp/ma director, 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Ix-b Cayman Limited Partnership director, 10 percent owner C/O ADVENT INTERNATIONAL CORPORATION, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199-8069
Emily White director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Christine Dagousset director 9 W 57TH STREET, C/O CHANEL, NEW YORK NY 10019
Tiffany Walden director, officer: See Remarks 1187 COAST VILLAGE ROAD, SUITE 1-520, SANTA BARBARA CA 93108
Paula Zusi director 481 MYRTLE AVENUE, OCEANPORT NJ 07757
Janet Gurwitch director 1284 NORTH TELEGRPAH, MONROE MI 48162

Olaplex Holdings (Olaplex Holdings) Headlines

From GuruFocus