Weis Markets (Weis Markets) EBIT : $137 Mil (TTM As of Dec. 2023)

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What is Weis Markets EBIT?

Weis Markets's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $137 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Weis Markets's annualized ROC % for the quarter that ended in Dec. 2023 was 5.41%. Weis Markets's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Weis Markets's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.42%.

Weis Markets EBIT Historical Data

The historical data trend for Weis Markets'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.

Weis Markets EBIT Chart

Weis Markets Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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84.64

163.18

146.71

157.05

137.19

Weis Markets 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															33.58	32.62	45.62	29.67	29.27

Competitive Comparison of Weis Markets's EBIT

For the Grocery Stores subindustry, Weis Markets'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.

Weis Markets's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Weis Markets's EV-to-EBIT distribution charts can be found below:

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

Weis Markets 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 $137 Mil.

Weis Markets (NYSE:WMK) EBIT Explanation

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

Weis Markets'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 )
=	117.088 * ( 1 - 36.79% )	/	( (1420.372	+	1315.064)	/ 2 )
=	74.0113248	/	1367.718
=	5.41 %

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	))
=	1934.819	-	206.307	-	( 308.14	-	max(0, 253.786	-	718.989	+	308.14	))
=	1420.372

	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	))
=	2039.632	-	287.709	-	( 436.859	-	max(0, 340.782	-	832.214	+	436.859	))
=	1315.064

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

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

Weis Markets'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 )
=	117.088	/	( ( (1144.65 + max(195.626, 0))	+	(1135.561 + max(95.231, 0)) )	/	2 )
=	117.088	/	( ( 1340.276	+	1230.792 )	/	2 )
=	117.088	/	1285.534
=	9.11 %

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)
=	(64.509	+	303.724	+	42.616)	-	(206.307	+	8.915	+	0.0010000000000048)
=	195.626

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(65.092	+	296.157	+	34.106)	-	(287.709	+	12.416	+	-0.0010000000000332)
=	95.231

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:

Weis Markets's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	137.186	/	1456.347
	=	9.42 %

Weis Markets EBIT Related Terms

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Weis Markets (Weis Markets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Weis Markets Inc (NYSE:WMK) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 S. Second Street, P.O. Box 471, Sunbury, PA, USA, 17801-0471

Website

https://www.weismarkets.com

Weis Markets Inc is a U.S.-based company that is principally engaged in retailing food products in Pennsylvania and surrounding states. The company's products consist of center-store goods, fresh goods, pharmacy services, fuel, and other. The center-store goods include groceries, dairy products, frozen foods, alcoholic beverage, and general merchandise items. The fresh goods include meats, seafood, floral, prepared foods, and bakery products. The center-store goods and fresh goods jointly account for the majority of the company's total revenue.

Executives

Robert G. Gleeson	officer: SVP, Merchandising & Marketing	1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Kurt A Schertle	officer: Sr. VP Merch. and Marketing	1000 SOUTH SECOND STREET, P.O. BOX 471, SUNBURY PA 17801-0471
Michael T Lockard	officer: SVP, CFO and Treasurer	1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Jennifer Weis	other: Member of a 10% owner group	C/O WEIS MARKETS, INC., 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Zeh Richard Gregory Jr	officer: SVP, Chief Information Officer	1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Scott F Frost	officer: SVP, Chief Financial Officer	1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Wayne S Bailey	officer: Vice President Grocery Merch.
Jonathan H Weis	director, officer: Vice President and Secretary
Dennis G Hatchell	director	305 GREGSON DRIVE, CARY NC 27511
Gerrald B Silverman	director	207 CROSS STREET, BELMONT MA 02478
Lauth Edward John Iii	director	485 SCENERY DRIVE, STATE COLLEGE PA 16801
Harold G Graber	officer: Vice President Real Estate
Patricia R. Weis Marital Trust	10 percent owner	C/O WEIS MARKETS, INC., 1000 SOUTH, SECOND STREET, P.O. BOX 471, SUNBURY PA 17801
Weis Collen Ross	other: Member of a 10% owner group	C/O WEIS MARKETS, INC., 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Kathryn Jane Zox	other: Member of a 10% owner group	1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801