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Quanta Services (BSP:Q1UA34) EBIT : R$5,713 Mil (TTM As of Dec. 2023)


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What is Quanta Services EBIT?

Quanta Services's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was R$1,661 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R$5,713 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Quanta Services's annualized ROC % for the quarter that ended in Dec. 2023 was 7.49%. Quanta Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 43.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Quanta Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.69%.


Quanta Services EBIT Historical Data

The historical data trend for Quanta Services'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.

Quanta Services EBIT Chart

Quanta Services 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 2,623.50 3,170.98 3,912.06 4,344.50 5,668.43

Quanta Services 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 1,485.05 704.42 1,379.13 1,968.46 1,660.59

Competitive Comparison of Quanta Services's EBIT

For the Engineering & Construction subindustry, Quanta Services'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.


Quanta Services's EV-to-EBIT Distribution in the Construction Industry

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

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



Quanta Services 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 R$5,713 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.


Quanta Services  (BSP:Q1UA34) EBIT Explanation

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

Quanta Services'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 )
=6220.14 * ( 1 - 26.19% )/( (61714.671 + 60816.102)/ 2 )
=4591.085334/61265.3865
=7.49 %

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))
=75011.193 - 11788.465 - ( 1508.057 - max(0, 20704.211 - 33263.957+1508.057))
=61714.671

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))
=79559.155 - 12421.096 - ( 6321.957 - max(0, 25543.226 - 37615.26+6321.957))
=60816.102

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

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

Quanta Services'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 )
=6642.344/( ( (12543.898 + max(3829.31, 0)) + (12672.774 + max(1830.923, 0)) )/ 2 )
=6642.344/( ( 16373.208 + 14503.697 )/ 2 )
=6642.344/15438.4525
=43.02 %

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)
=(21396.913 + 809.349 + 1723.661) - (11788.465 + 5437.153 + 2874.995)
=3829.31

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21612.18 + 860.689 + 1896.737) - (12421.096 + 7539.21 + 2578.377)
=1830.923

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=5712.594/212596.317
=2.69 %

* 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.


Quanta Services EBIT Related Terms

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Quanta Services (BSP:Q1UA34) Business Description

Traded in Other Exchanges
Address
277 North Loop West, Houston, TX, USA, 77008
Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under three reportable segments: electric power, renewables infrastructure, and underground utility and infrastructure. In 2021, the company acquired Blattner, a provider of comprehensive engineering, procurement, and construction solutions to customers in the renewable energy industry.

Quanta Services (BSP:Q1UA34) Headlines

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