EnerSys (NYSE:ENS) EBIT

: $311 Mil (TTM As of Jun. 2023)

View and export this data going back to 2004. Start your Free Trial

EnerSys's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $89 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $311 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EnerSys's annualized ROC % for the quarter that ended in Jun. 2023 was 13.17%. EnerSys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 25.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EnerSys's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 6.82%.

EnerSys EBIT Historical Data

The historical data trend for EnerSys'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.

EnerSys Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

213.08

190.61

208.57

211.72

270.17

EnerSys Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
EBIT																48.36	55.72	75.35	90.75	88.78

EnerSys 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $311 Mil.

EnerSys (NYSE:ENS) EBIT Explanation

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

EnerSys's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	383.016 * ( 1 - 9.16% )	/	( (2663.785	+	2617.946)	/ 2 )
=	347.9317344	/	2640.8655
=	13.17 %

where

	Invested Capital		(Q: Mar. 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	))
=	3616.674	-	606.224	-	( 346.665	-	max(0, 718.32	-	1895.881	+	346.665	))
=	2663.785

	Invested Capital		(Q: Jun. 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	))
=	3480.977	-	604.689	-	( 258.342	-	max(0, 635.651	-	1753.046	+	258.342	))
=	2617.946

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

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

EnerSys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	355.108	/	( ( (513.283 + max(827.264, 0))	+	(512.97 + max(890.015, 0)) )	/	2 )
=	355.108	/	( ( 1340.547	+	1402.985 )	/	2 )
=	355.108	/	1371.766
=	25.89 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(637.817	+	797.798	+	58.007)	-	(606.224	+	34.594	+	25.54)
=	827.264

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(566.498	+	809.402	+	118.804)	-	(604.689	+	0	+	0)
=	890.015

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	310.589	/	4554.966
	=	6.82 %

EnerSys EBIT Related Terms

Thank you for viewing the detailed overview of EnerSys's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

EnerSys (NYSE:ENS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EnerSys (NYSE:ENS) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

FDN:Germany FDN:Germany

Address

2366 Bernville Road, Reading, PA, USA, 19605

Website

https://www.enersys.com

EnerSys provides stored energy solutions for industrial applications. It also manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Energy Systems which combine enclosures, power conversion, power distribution and energy storage are used in the telecommunication and broadband, utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions. Its segments include Energy Systems, Motive Power, and Specialty.

Executives

Tamara Morytko	director	1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Rudolph W. Wynter	director	C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Andrea J. Funk	officer: EVP & Chief Financial Officer	C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Joern Tinnemeyer	officer: Sr. VP & CTO	C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Steven M Fludder	director	264 NANTASKET ROAD, HULL MA 02045
Caroline Chan	director	2366 BERNVILLE ROAD, READING PA 19605
Shawn M. O'connell	officer: Pres, Motive Power Americas	2366 BERNVILLE ROAD, READING PA 19605
Andrew M. Zogby	officer: Pres, Energy Systems-Americas	2366 BERNVILLE ROAD, READING PA 19605
Nelda J Connors	director	BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Ronald P Vargo	director	41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940
Myles Jones	officer: President - Asia	C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Holger P Aschke	officer: President - EMEA	C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Paul J Tufano	director	C/O SOLECTRON CORPORATION, 847 GIBRALTAR DR., MILPITAS CA 95035
Jeffrey W. Long	officer: President, Americas	C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
David M Shaffer	officer: President, EMEA	C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605