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ADT (ADT) EBIT : $542 Mil (TTM As of Dec. 2023)


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What is ADT EBIT?

ADT's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $258 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $542 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ADT's annualized ROC % for the quarter that ended in Dec. 2023 was 5.57%. ADT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 31.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ADT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.97%.


ADT EBIT Historical Data

The historical data trend for ADT'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.

ADT EBIT Chart

ADT 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 97.38 -70.73 -19.01 413.41 505.62

ADT 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 291.04 -7.40 123.09 167.97 258.33

Competitive Comparison of ADT's EBIT

For the Security & Protection Services subindustry, ADT'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.


ADT's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ADT's EV-to-EBIT distribution charts can be found below:

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



ADT 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 $542 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.


ADT  (NYSE:ADT) EBIT Explanation

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

ADT'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 )
=1131.268 * ( 1 - 19.22% )/( (17233.018 + 15565.701)/ 2 )
=913.8382904/16399.3595
=5.57 %

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))
=17431.112 - 841.823 - ( 238.582 - max(0, 2279.122 - 1635.393+238.582))
=17233.018

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))
=15964.094 - 873.907 - ( 14.621 - max(0, 1480.208 - 1004.694+14.621))
=15565.701

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

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

ADT'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 )
=1033.324/( ( (3266.873 + max(-31.012999999999, 0)) + (3289.106 + max(-197.744, 0)) )/ 2 )
=1033.324/( ( 3266.873 + 3289.106 )/ 2 )
=1033.324/3277.9895
=31.52 %

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)
=(384.393 + 206.502 + 805.916) - (841.823 + 271.9 + 314.101)
=-31.012999999999

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(390.471 + 230.108 + 325.294) - (873.907 + 264.398 + 5.3119999999999)
=-197.744

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=542/13653.505
=3.97 %

* 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.


ADT EBIT Related Terms

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ADT (ADT) Business Description

Traded in Other Exchanges
Address
1501 Yamato Road, Boca Raton, FL, USA, 33431
ADT Inc is a provider of monitored security, interactive home and business automation, and related monitoring services in the United States and Canada. It offers residential, commercial, and multi-site customers a comprehensive set of burglary, video, access control, fire and smoke alarm, and medical alert solutions. The company segments include Consumer and Small Business (CSB), Commercial, and Solar. It generates maximum revenue from the Commercial segment.
Executives
David A. Scott officer: EVP, Chief People & Admin. Off 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Marques Coleman director 1501 YAMATO ROAD, BOCA RATON FL 33431
Nicole Bonsignore director 1501 YAMATO ROAD, BOCA RATON FL 33431
Wayne Thorsen officer: EVP, Chief Business Officer 3892 RONDA ROAD, PEBBLE BEACH CA 93953
Delu Jackson officer: EVP, Chief Marketing Officer 650 TENNIS CLUB DRIVE, APT. L107, FORT LAUDERDALE FL 33311
Jamie Elizabeth Haenggi officer: SVP, Chief Sales & Mktg. Off. 1501 YAMATO ROAD, BOCA RATON FL 33431
Kenneth Porpora officer: SVP, Chief Growth Officer 1501 YAMATO ROAD, BOCA RATON FL 33431
James David Devries officer: President ALLSTATE INSURANCE COMPANY, 2775 SANDERS ROAD, NORTHBROOK IL 60062
Donald M. Young officer: SVP & Chief Info Off. 1501 YAMATO ROAD, BOCA RATON FL 33431
David W Smail officer: EVP, CLO and Secretary 1501 YAMATO ROAD, BOCA RATON FL 33431
Daniel Bresingham officer: EVP, Chief Admin. Off. & Treas 1501 YAMATO ROAD, BOCA RATON FL 33431
State Farm Mutual Automobile Insurance Co 10 percent owner ONE STATE FARM PLAZA, BLOOMINGTON IL 61710
Paul Joseph Smith director ONE STATE FARM PLAZA E-12, BLOOMINGTON IL 61710-0001
Lewis William M Jr director 9 WEST 57TH STREET, NEW YORK NY 10019
Benjamin Honig director 1501 YAMATO ROAD, BOCA RATON FL 33431