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Columbia Sportswear Co (Columbia Sportswear Co) EBIT : $324 Mil (TTM As of Mar. 2024)


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What is Columbia Sportswear Co EBIT?

Columbia Sportswear Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $45 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $324 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Columbia Sportswear Co's annualized ROC % for the quarter that ended in Mar. 2024 was 8.33%. Columbia Sportswear Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Columbia Sportswear Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.04%.


Columbia Sportswear Co EBIT Historical Data

The historical data trend for Columbia Sportswear Co'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.

Columbia Sportswear Co EBIT Chart

Columbia Sportswear Co 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 394.97 137.05 450.50 428.70 335.28

Columbia Sportswear Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only 56.43 6.23 134.55 138.07 44.68

Competitive Comparison of Columbia Sportswear Co's EBIT

For the Apparel Manufacturing subindustry, Columbia Sportswear Co'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.


Columbia Sportswear Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Columbia Sportswear Co's EV-to-EBIT distribution charts can be found below:

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



Columbia Sportswear Co 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 $324 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.


Columbia Sportswear Co  (NAS:COLM) EBIT Explanation

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

Columbia Sportswear Co'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 )
=178.724 * ( 1 - 21.88% )/( (1752.875 + 1598.743)/ 2 )
=139.6191888/1675.809
=8.33 %

where

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))
=2939.013 - 421.634 - ( 764.504 - max(0, 596.627 - 2014.685+764.504))
=1752.875

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))
=2762.231 - 375.756 - ( 787.732 - max(0, 447.306 - 1846.218+787.732))
=1598.743

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

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

Columbia Sportswear Co'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 )
=178.724/( ( (644.576 + max(724.64, 0)) + (639.05 + max(682.73, 0)) )/ 2 )
=178.724/( ( 1369.216 + 1321.78 )/ 2 )
=178.724/1345.498
=13.28 %

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)
=(423.079 + 746.288 + 80.814) - (421.634 + 0 + 103.907)
=724.64

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(366.375 + 607.373 + 84.738) - (375.756 + 0 + 0)
=682.73

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:

Columbia Sportswear Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=323.538/4594.685
=7.04 %

* 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.


Columbia Sportswear Co EBIT Related Terms

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Columbia Sportswear Co (Columbia Sportswear Co) Business Description

Traded in Other Exchanges
Address
14375 Northwest Science Park Drive, Portland, OR, USA, 97229
Columbia Sportswear Co makes outdoor and active-lifestyle apparel, footwear, equipment, and accessories that it sells under four primary brands: Columbia, Sorel, Mountain Hardwear, and prAna. The majority of sales are in the United States, but the company also has remarkable sales in its three other geographic segments: Latin American and Asia-Pacific; Europe, Middle East, and Africa; and Canada. The majority of sales are through wholesale channels, including sporting goods and department stores, but the company also operates its own branded stores in each of its geographic segments. Columbia sources products from around the world and uses contract manufacturers outside the United States, predominantly in Asia, to manufacture its products.
Executives
Ronald E. Nelson director 14375 NW SCIENCE PARK DR., PORTLAND OR 97229
Sabrina Simmons director GAP INC., 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Richelle T Luther officer: EVP, CORP AFFAIRS & CHRO 220 NW SECOND AVE, PORTLAND OR 97209
Joseph P Boyle officer: EVP Columbia Brand President 14375 NW SCIENCE PARK DR., PORTLAND OR 97229
Tim Sheerin officer: SVP Global Wholesale 14375 NW SCIENCE PARK DR., PORTLAND OR 97229
Craig Zanon officer: SVP Emerging Brands 14375 NW SCIENCE PARK DR., PORTLAND OR 97229
Steven M. Potter officer: EVP, CDIO 14375 NW SCIENCE PARK DR., PORTLAND OR 97229
Timothy P Boyle director, 10 percent owner, officer: Chairman, President, CEO 14375 NW SCIENCE PARK DRIVE, PORTLAND OR 97229
Jim A Swanson officer: EVP & CFO 14375 NW SCIENCE PARK DR, PORTLAND OR 97229
Peter J Bragdon officer: EVP, CAO, Gen. Counsel 14375 NW SCIENCE PARK DRIVE, PORTLAND OR 97229
Lisa Kulok officer: EVP Chief Supply Chain Officer 14375 NW SCIENCE PARK DR., PORTLAND OR 97229
Christiana Smith Shi director 500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Andy D Bryant director INTEL CORPORATION- ATTN: GENERAL COUNCEL, 2200 MISSION COLLEDGE BOULEVARD, SANTA CLARA CA 95052
John Culver director 2401 UTAH AVE. S. SUITE 800, SEATTLE WA 98134
Stephen E Babson director 14375 NW SCIENCE PARK DR, PORTLAND OR 97229