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FBL Financial Group (FBL Financial Group) EBIT : $112.9 Mil (TTM As of Mar. 2021)


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What is FBL Financial Group EBIT?

FBL Financial Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2021 was $28.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2021 was $112.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FBL Financial Group's annualized ROC % for the quarter that ended in Mar. 2021 was 0.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FBL Financial Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2021 was 7.59%.


FBL Financial Group EBIT Historical Data

The historical data trend for FBL Financial Group'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.

FBL Financial Group EBIT Chart

FBL Financial Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.64 149.61 105.88 147.63 79.49

FBL Financial Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 -4.67 34.16 24.77 25.22 28.73

Competitive Comparison of FBL Financial Group's EBIT

For the Insurance - Life subindustry, FBL Financial Group'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.


FBL Financial Group's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, FBL Financial Group's EV-to-EBIT distribution charts can be found below:

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



FBL Financial Group 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $112.9 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.


FBL Financial Group  (NYSE:FFG) EBIT Explanation

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

FBL Financial Group's annualized ROC % for the quarter that ended in Mar. 2021 is calculated as:

ROC % (Q: Mar. 2021 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2020 ) + Invested Capital (Q: Mar. 2021 ))/ count )
=114.932 * ( 1 - 13.4% )/( (10992.5734 + 10839.26165)/ 2 )
=99.531112/10915.917525
=0.91 %

where

Invested Capital(Q: Dec. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=10996.272 - 0.406 - ( 12.882 - 5% * 191.788 )
=10992.5734

Invested Capital(Q: Mar. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=10900.803 - 0.203 - ( 70.854 - 5% * 190.313 )
=10839.26165

Note: The EBIT data used here is four times the quarterly (Mar. 2021) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

FBL Financial Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2021 )
=112.887/1487.944
=7.59 %

* 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.


FBL Financial Group EBIT Related Terms

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FBL Financial Group (FBL Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
5400 University Avenue, West Des Moines, IA, USA, 50266-5997
FBL Financial Group Inc is an American financial services company. The group has three subsidiaries: Farm Bureau Life Insurance Company, Greenfields Life Insurance Company, Farm Bureau Property and Casualty Insurance Company, and Western Agricultural Insurance Company. Farm Bureau Life Insurance Company offers various lines of life insurance, annuity, and investment products. Greenfields Life Insurance Company offers a wide range of life insurance, annuity, and investment products. Farm Bureau Property and Casualty Insurance Company and Western Agricultural Insurance Company offer full lines of personal and commercial property-casualty insurance products.
Executives
Paul A. Juffer director 5942 BEECHTREE DRIVE WEST DES MOINES IA 50266
Bryan Searle director 275 TIERRA VISTA DRIVE POCATELLO ID 83201
Daniel M Koster officer: VP - Marketing and Agency Svcs 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Anthony James Aldridge officer: Chief Accounting Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Jeffrey A Whitehead officer: Chief Investment Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Ronald L Mead officer: VP - Sales and Distribution 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Casey Decker officer: Chief Information Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Richard Wayne Felts director 2627 KFB PLAZA MANHATTAN KS 66503
Jay W Seiboldt officer: Chief Operating Officer - PC 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Nicholas C. Gerhart officer: Chief Administrative Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Raymond Walter Wasilewski officer: Senior Vice President 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50265
Daniel D Pitcher director, officer: Chief Executive Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Charles Happel officer: Chief Investment Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Donald Seibel officer: CFO & Treasurer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
James Brannen officer: CEO Emeritus 5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266

FBL Financial Group (FBL Financial Group) Headlines

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