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Vertical Aerospace (Vertical Aerospace) EBIT : $-78.45 Mil (TTM As of Dec. 2023)


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What is Vertical Aerospace EBIT?

Vertical Aerospace's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-46.31 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-78.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vertical Aerospace's annualized ROC % for the quarter that ended in Dec. 2023 was -468.12%. Vertical Aerospace's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2,408.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vertical Aerospace's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -65.58%.


Vertical Aerospace EBIT Historical Data

The historical data trend for Vertical Aerospace'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.

Vertical Aerospace EBIT Chart

Vertical Aerospace Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-9.79 -15.51 -325.33 -96.63 -83.86

Vertical Aerospace Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -128.36 53.54 - -32.14 -46.31

Competitive Comparison of Vertical Aerospace's EBIT

For the Aerospace & Defense subindustry, Vertical Aerospace'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.


Vertical Aerospace's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Vertical Aerospace's EV-to-EBIT distribution charts can be found below:

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



Vertical Aerospace 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 $-78.45 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.


Vertical Aerospace  (NYSE:EVTL) EBIT Explanation

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

Vertical Aerospace'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 )
=-222.952 * ( 1 - 55.59% )/( (18.818 + 23.484)/ 2 )
=-99.0129832/21.151
=-468.12 %

where

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

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

Vertical Aerospace'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 )
=-185.24/( ( (7.442 + max(-10.823, 0)) + (7.942 + max(-13.941, 0)) )/ 2 )
=-185.24/( ( 7.442 + 7.942 )/ 2 )
=-185.24/7.692
=-2,408.22 %

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)
=(0 + 0 + 8.75) - (17.281 + 0 + 2.292)
=-10.823

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 8.559) - (21.333 + 0 + 1.167)
=-13.941

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-78.445/119.610
=-65.58 %

* 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.


Vertical Aerospace EBIT Related Terms

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Vertical Aerospace (Vertical Aerospace) Business Description

Traded in Other Exchanges
Address
Chapel Street, Unit 1 Camwal Court, Bristol, GBR, BS2 0UW
Vertical Aerospace Ltd is engaged in making air travel personal, on-demand, and carbon-free. The VX4, Vertical's flagship aircraft, is a piloted electric vertical take-off and landing (eVTOL) vehicle capable of carrying four passengers.