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RLJ Lodging Trust (RLJ Lodging Trust) EBIT : $168 Mil (TTM As of Dec. 2023)


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What is RLJ Lodging Trust EBIT?

RLJ Lodging Trust's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $168 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RLJ Lodging Trust's annualized ROC % for the quarter that ended in Dec. 2023 was 2.46%. RLJ Lodging Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 80.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. RLJ Lodging Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.27%.


RLJ Lodging Trust EBIT Historical Data

The historical data trend for RLJ Lodging Trust'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.

RLJ Lodging Trust EBIT Chart

RLJ Lodging Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 212.45 -260.70 -207.78 130.92 170.58

RLJ Lodging Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 23.33 33.51 65.13 41.51 27.47

Competitive Comparison of RLJ Lodging Trust's EBIT

For the REIT - Hotel & Motel subindustry, RLJ Lodging Trust'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.


RLJ Lodging Trust's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, RLJ Lodging Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where RLJ Lodging Trust's EV-to-EBIT falls into.



RLJ Lodging Trust 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 quarterly data reported by the company within the most recent 12 months, which was $168 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.


RLJ Lodging Trust  (NYSE:RLJ) EBIT Explanation

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

RLJ Lodging Trust'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=108.176 * ( 1 - 2.76% )/( (4287.205 + 4279.754)/ 2 )
=105.1903424/4283.4795
=2.46 %

where

Invested Capital(Q: Sep. 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))
=4940.342 - 185.691 - ( 494.563 - max(0, 185.691 - 653.137+494.563))
=4287.205

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))
=4919.295 - 192.858 - ( 516.675 - max(0, 192.858 - 639.541+516.675))
=4279.754

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

RLJ Lodging Trust'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=109.876/( ( (137.546 + max(-27.117, 0)) + (136.14 + max(-69.992, 0)) )/ 2 )
=109.876/( ( 137.546 + 136.14 )/ 2 )
=109.876/136.843
=80.29 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47.99 + 0 + 110.584) - (185.691 + 0 + 0)
=-27.117

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.163 + 0 + 96.703) - (192.858 + 0 + 0)
=-69.992

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

RLJ Lodging Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=167.615/3923.248
=4.27 %

* 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.


RLJ Lodging Trust EBIT Related Terms

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RLJ Lodging Trust (RLJ Lodging Trust) Business Description

Traded in Other Exchanges
Address
3 Bethesda Metro Center, Suite 1000, Bethesda, MD, USA, 20814
RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas where utmost of their customers are business, leisure, and other travelers. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.
Executives
Arthur Reginald Collins director 3911 LORCOM LANE, ARLINGTON VA 22207
Nathaniel A Davis director 1500 ECKINGTON PLACE NE, WASHINGTON DC 20002
Chad Perry officer: EVP and General Counsel C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Thomas Bardenett officer: EVP and COO C/O EXTENDED STAY AMERICA, INC., 11525 N. COMMUNITY HOUSE ROAD, SUITE 100, CHARLOTTE NC 28277
La Forgia Robert M director C/O HILTON HOTELS CORP, 9336 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Robert Mccarthy director C/O SANTANDER CONSUMER USA HOLDINGS INC, 1601 ELM STREET, SUITE 800, DALLAS TX 75201
Evan Bayh director 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Robin Mcbride Zeigler director 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Sean M Mahoney officer: EVP, CFO and Treasurer 3 BETHESDA METRO CTR #1000, BETHESDA MD 20814
Robert L Johnson director, officer: Executive Chairman C/O RLJ COMPANIES, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Leslie D. Hale director, officer: President and CEO 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Christopher Andrew Gormsen officer: Chief Accounting Officer C/O RLJ LODGING TRUST, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Joseph J Ryan director C/O RLJ LODGING TRUST, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20817
California Public Employees Retirement System 10 percent owner 400 Q ST, SUITE 4800, SACRAMENTO CA 95811